A Measure of Inflation That Is Closely Tracked by the Federal Reserve Increased in April
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Argentina monthly inflation seen back in single digits in April
Yahoo News - World -
The Most-Downloaded PS5 Games Of April 2024
Top downloadsSony has revealed its most-downloaded PS5 games in the US and Canada for April, and for the third month in a row, Helldivers 2 is on top. In fact, Helldivers has been the No. 1 most-downloaded game on PSN in the US since it debuted in ...GameSpot - Tech -
Producer Prices Rose More Than Expected in April
Producer Prices Rose More Than Expected in AprilThe Wall Street Journal - World -
Wholesale prices rose 0.5% in April, more than expected
The producer price index was expected to increase 0.3% in April, according to the Dow Jones consensus estimate.CNBC - Business -
Inflation’s rental risks
The US and UK need to see a moderation in the price of home leasesFinancial Times - World -
Wholesale inflation surges again, PPI shows, leaving Inflation still sticky
U.S. wholesale prices jumped 0.5% in April in another sign of sticky inflation.MarketWatch - Business - Inflation -
Stock market could suffer ‘ugly’ day if April CPI comes in above this level
A Wall Street analyst breaks down what would make for a “good, bad or ugly” market response to Wednesday’s CPI data.MarketWatch - Business -
Australian Government's Budget Bets On Rapid Fall In Inflation
Australian Treasurer Jim Chalmers has framed the center-left Labor government’s 2024-2025 budget around the themes of cost of living relief, income tax cuts and the tantalizing prospect of a fall in mortgage interest rates by early next year.The Wall Street Journal - World - Australia -
Stocks Rise Amid Mixed Signals on Inflation
Stocks edged higher after the producer-price index rose more than expected in April but data for the prior month was revised lower.The Wall Street Journal - World - Inflation -
Fed Chair’s Confidence in Slowing Inflation Is ‘Not as High’ as Before
Jerome H. Powell, the Federal Reserve chair, said that the central bank was poised to leave interest rates on hold after surprisingly stubborn inflation.The New York Times - Business - Federal Reserve -
Stocks Mixed After Producer-Price Data
U.S. stocks were mixed in recent trading as investors digested wholesale-inflation data and awaited a reading on consumer prices, due Wednesday .The Wall Street Journal - World - Stock Market -
U.S. Inflation Could Be Getting Less Sticky
There are signs that U.S. inflation might be getting less sticky, Piper Sandler economists write in a note.The Wall Street Journal - World -
BlackRock closes in on crown of world’s largest bitcoin fund
Asset manager pushes deeper into digital assets after ETF successFinancial Times - Business - Crypto -
Red Lobster Temporarily Closes Dozens of Restaurants
The seafood chain has been losing money for years. The liquidator behind the auction said more than 50 of its U.S. locations had closed.The New York Times - Business -
Will High Interest Rates Curb Inflation? The Fed Will Wait and See
While consumers clamor for rate cuts, the central bank leadership is prepared to hang on until inflation stops climbing.Inc. - Business - Federal Reserve -
Inflation Is Still a Big Problem for Small Businesses--but There's Cause for Hope
While high costs remain a cause for concern for small companies, there's some good news when it comes to pricing and sales.Inc. - Business -
Fed Chair Jerome Powell Maintains Wait-and-See Posture on Inflation and Rates
The Fed chief said he expected inflation to continue heading lower but that he was less confident than he had previously been about that outlook.The Wall Street Journal - World - Federal Reserve -
Comex Gold, Silver Settle Higher
Gold settled 0.7% higher, up three of the past four sessions, and silver rose 0.9%, up four of the past five sessions.The Wall Street Journal - World -
Inflation Sticking Around, Key Wholesale Price Data Show
The Producer Price Index jumped up again last month, and economists see inflation persisting, which will likely keep high interest rates in place.Inc. - Business -
Fed’s Powell hints interest rates will stay high as US inflation lingers
Central bank chair says economy performing well but cites ‘lack of progress’ on price pressuresFinancial Times - Business - Federal Reserve -
Biden administration to increase tariffs on Chinese electric cars to 100 percent
The Biden administration will announce new tariffs on electric vehicle and solar cell imports from China, two major components of the administration's efforts to reduce U.S. emissions, officials confirmed to reporters. Officials on the call said ...The Hill - Politics - Joe Biden -
Biden moves ahead on China tariff hikes that includes 100% increase on EVs
President Joe Biden will announce Tuesday that his administration is raising tariffs on $18 billion of Chinese exports, including electric vehicles, as the White House tries to fight what it says are unfair trade practices by its global competitor.NBC News - Top stories - Joe Biden -
China poses ‘genuine and increasing cyber risk’ to UK, warns GCHQ head
Anne Keast-Butler’s remarks follow alleged Beijing-related espionage activity in BritainFinancial Times - World - China -
New report says attacks on law enforcement increased, but fewer killed in 2023
Assaults against law enforcement officers with firearms are on the rise, according to a new FBI report.CBS News - Top stories -
Survey finds telehealth is driving increase in abortions, despite state bans
In the 18 months since Roe v. Wade was overturned, the number of abortions in the United States has continued to grow, according to new data, even as 14 states have banned abortion completely. Tuesday’s report from the Society for Family ...The Hill - Politics - Abortion