Eurozone Inflation Rate Falls to 61 Percent in May
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Yellen confident U.S. inflation will continue to cool
Treasury Secretary Janet Yellen, remains confident the U.S. economy is “on a downward path for inflation” that could enable the Federal Reserve to cut interest rates in the months aheadMarketWatch - Business -
Mix of Slowing Growth, Firm Inflation Worries Investors
Another high inflation reading will continue to make it difficult for the Fed to cut rates in the near term.The Wall Street Journal - World -
Pace of economic growth slows as inflation remains stubborn
Economic growth increased at a slower pace than economists had predicted in the first quarter, while President Biden continued to deliver a positive message about the economy. NBC News' Peter Alexander reports.NBC News - Politics -
Pace of economic growth slows as inflation remains stubborn
Economic growth increased at a slower pace than economists had predicted in the first quarter, while President Biden continued to deliver a positive message about the economy. NBC News' Peter Alexander reports.NBC News - Top stories -
With Inflation This High, Nobody Knows What a Dollar Is Worth
Strong reactions to rising prices and misunderstandings about the value of money are rampant, our columnist says.The New York Times - Business -
With Inflation This High, Nobody Knows What a Dollar Is Worth
Strong reactions to rising prices and misunderstandings about the value of money are rampant, our columnist says.The New York Times - Top stories -
Fed’s preferred inflation metric rose to 2.7% in March
Figures come day after US first-quarter growth data prompt investors to push back interest rate cut expectationsFinancial Times - Business -
Inflation ticked higher in March as incomes, spending rose
Inflation picked up slightly in March as Americans saw their paychecks rise and kept up a sturdy pace of spending, according to data released Friday by the Commerce Department. The personal consumption expenditures (PCE) price index, the Federal ...The Hill - Politics -
Fed’s preferred inflation metric rose to 2.7% in March
Figures come day after US first-quarter growth data prompt investors to push back interest rate cut expectationsFinancial Times - Business -
Which CD term is best with inflation rising?
Shorter CD terms can provide more flexibility but lack the certainty of long-term CDs.CBS News - Top stories -
What to Do With Bonds When Inflation Won't Die
Readers weigh in, and our columnist responds, on how to invest for income in this marketThe Wall Street Journal - World -
Fed’s preferred inflation metric rose to 2.7% in March
Figures come day after US first-quarter growth data prompt investors to push back interest rate cut expectationsFinancial Times - World -
Russia Grain Trader Accuses Moscow of Inflating Prices
Yahoo News - World - Russia -
Does a fixed-rate HELOC make sense in today's elevated rate environment?
There are benefits to considering a fixed-rate HELOC in today's economic climate, but there are downsides, too.CBS News - Top stories -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
The colonialist overtones of EU’s green trade crusade
Many middle-income countries show reserves of pragmatic tolerance that Europeans do not necessarily deserveFinancial Times - Business -
Is Britain suffering from a ‘sick note culture’?
Rishi Sunak has vowed to get people back to work but data indicates problems with the diagnosis — and proposed solutionFinancial Times - Business - United Kingdom -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
Stocks on Track for Weekly Gains as PCE Inflation Hits 2.7%
Stocks climbed, putting the major U.S. indexes on course for weekly gains despite another round of firm inflation data.The Wall Street Journal - World -
U.S. Natural Gas Futures Fall
U.S. natural gas futures lost ground but settled off the day’s lows.The Wall Street Journal - World -
Why you should get a home equity loan before May
If you're thinking about getting a home equity loan, you may want to do so before May. Here's why.CBS News - Top stories -
Sizable Haley vote in Pennsylvania may signal trouble for Trump
Former United Nations Ambassador Nikki Haley won more than 16% of the vote in Pennsylvania's Republican primary on Tuesday despite no longer being in the 2024 race. Anthony Salvanto, Matt Gorman and Caitlin Huey-Burns join "America Decides" to ...CBS News - Top stories - Donald Trump -
Some prospects may be better off not hearing their names called
Numbers from the last 20 years suggest players still on the board after the NFL Draft's third round might be better off going undrafted entirely.Yahoo Sports - Sports -
The Uncertainty Effect: Why IPOs May Be on Hold Until Post-Election
Historical trends suggest presidential elections don't move the needle, but certain companies have delayed their IPOs because of presidential elections--and 2024 will be a divisive one.Inc. - Business -
AI-Generated Child Sexual Abuse Material May Overwhelm Tip Line
A report by Stanford researchers cautions that the National Center for Missing and Exploited Children doesn’t have the resources to help fight the new epidemic.The New York Times - Tech -
The timing may be just right to buy Nvidia or other semiconductor stocks
So far this year, the PHLX Semiconductor Index has increased 8.7% (with dividends reinvested), but it has declined 7.7% in April. Meanwhile, shares of industry star Nvidia Inc. have declined 12% this month.MarketWatch - Business -
18 savings accounts to open for May (up to 5.55% APY)
You don't have to accept a low interest rate on your savings. There are many great account options to consider.CBS News - Top stories -
Like Moths to a Flame? We May Need a New Phrase.
Over time researchers have found fewer of the insects turning up in light traps, suggesting they may be less attracted to some kinds of light than they once were.The New York Times - Science -
Supreme Court may not fully resolve Trump presidential immunity claim
The Supreme Court heard arguments Thursday over former President Donald Trump's claim that occupants of the Oval Office have total immunity from criminal prosecutions. CBS News chief legal correspondent Jan Crawford unpacks the proceedings.CBS News - Top stories - Donald Trump -
Oil Edges Higher Ahead of U.S. PCE Data
Oil prices ticked higher ahead of key U.S. inflation data that will offer more cues on the path of interest rates.The Wall Street Journal - World -
UK forces may be deployed to help deliver Gaza aid
The US says no American forces will go ashore but an unnamed "third party" will drive aid into Gaza.BBC News - Top stories - United Kingdom -
Barr suggests people may take Trump rhetoric ‘too literally’
Former Attorney General Bill Barr suggested Friday that people may take former President Trump “too literally,” and Trump wouldn't carry out serious actions he threatens against other people. When CNN anchor Kaitlan Collins asked Barr if he ...The Hill - Politics - Donald Trump -
British troops may be tasked with delivering Gaza aid, BBC report says
The BBC is reporting that British troops may be tasked with delivering aid to Gaza from an offshore pier now under construction by the U.S. militaryABC News - World -
Moderating horror and hate on the web may be beyond even AI | John Naughton
Managing the barrage of upsetting material online is a challenge that service providers are struggling to meet, even if they try. Way back in the mid-1990s, when the web was young and the online world was buzzing with blogs, a worrying problem ...The Guardian - World -
AI-Generated Child Sexual Abuse Material May Overwhelm Tip Line
A report by Stanford researchers cautions that the National Center for Missing and Exploited Children doesn’t have the resources to help fight the new epidemic.The New York Times - Tech -
Why your Google search results may look different
Next time you turn to Google with a question, you may be given an "experimental" answer.The Hill - Politics - Google -
Israel may delay final Gaza assault in exchange for hostages
Foreign minister offers postponement of attack on Rafah if Hamas agrees deal on captivesFinancial Times - World - Israel -
Prince Harry and Meghan to visit Nigeria in May for Invictus Games talks
Nigerian defense officials say Prince Harry and his wife Meghan will visit the West African nation in May for talks about the Invictus Games, which he founded to aid the rehabilitation of servicemembers and veteransABC News - World - United Kingdom -
Scottish first minister’s future may hinge on breakaway party
Humza Yousaf might be able to rely on the support of the Alba party in no confidence voteFinancial Times - World