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Elevated Inflation and Wage Data Could Make BOE Cautious
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3 savings moves to make with inflation still rising
Inflation is on the rise, but that may be good news for savers. Here are three savvy savings moves to make now.CBS News - Top stories -
Inflation Is Stubborn. Is the Federal Budget Deficit Making It Worse?
Economists are divided over whether the growing amount of federal borrowing is fueling demand and driving up prices.The New York Times - Business -
Fed Chair Jerome Powell Projects Optimism, But Inflation Data Are in the Driver's Seat
Some analysts warn of limits to how long the Fed can keep rate increases off the table.The Wall Street Journal - World - Federal Reserve -
McDonald's Seeks to Make Menu More Affordable for Inflation-Weary Consumers
The burger chain reported slower-than-expected same-store sales growth for the first quarter.The Wall Street Journal - Business -
Could the Chiefs be leaving Arrowhead Stadium? Kansas making pitch for franchise to cross state line
The Chiefs have an option to leave Missouri for KansasCBS Sports - Sports -
A Vast New Data Set Could Supercharge the AI Hunt for Crypto Money Laundering
Blockchain analysis firm Elliptic, MIT, and IBM have released a new AI model—and the 200-million-transaction dataset it's trained on—that aims to spot the “shape” of bitcoin money laundering.Wired - Tech -
Trump could drive inflation higher with his second-term economic agenda, analysts say
Donald Trump has blamed President Joe Biden for stubbornly high inflation during Biden's presidency.CNBC - Business - Donald Trump -
China Brings High-Elevation Hydropower Project Online
Yahoo News - World - China -
ArcelorMittal Cautious Despite Earnings Beat
ArcelorMittal reported better-than-expected earnings for the first quarter after volumes and prices improved, but cautioned that economic sentiment remained subdued with no signs customers were restocking on inventories.The Wall Street Journal - World -
The Biden administration is seeking to reclassify marijuana as a less dangerous drug, people familiar with the matter said, a historic move that could make it much easier to buy and sell pot and make the multibillion-dollar industry more profitable.
The Biden administration is seeking to reclassify marijuana as a less dangerous drug, people familiar with the matter said, a historic move that could make it much easier to buy and sell pot and make the multibillion-dollar industry more profitable.The Wall Street Journal - World
More from The Wall Street Journal
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Insurer to Make $350 Million Payout in Baltimore Bridge Collapse
The check from Chubb would be the first large payout in what will likely be a yearslong wrangle over who bears the $1 billion-plus estimated cost of the bridge’s collapse.The Wall Street Journal - World -
Disaster Loans Provided a Lifeline. Now Small Businesses Owe Billions in Fees.
The government has referred 860,000 delinquent Covid loans for collection—tacking on billions of dollars in fees for small-business borrowers.The Wall Street Journal - World -
Buffett Rules Out 'Eye-Popping' Returns. But Investors Aren't Listening.
Berkshire is poised to hit a $1 trillion valuation as investors gather this weekend for its annual shareholder meetingThe Wall Street Journal - World -
Musk Has a Vision for Tesla's Robotaxi. OthersCan'tSee It.
Carmaker plans to show off its automated vehicle this summer, but tech and regulatory hurdles remain before it can become reality.The Wall Street Journal - World - Elon Musk -
She Quit Venture Capital for Pro Cycling. She Has No Regrets.
Kristin Faulkner left her life in Silicon Valley for the unpredictable world of professional cycling. After a major victory in Spain, she’s hoping to realize a childhood dream at the Olympics.The Wall Street Journal - World