Uk Inflation Could Stay Near 2 Target for Three Years Says Boe Ratesetter
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Collective amnesia on money supply hit BoE inflation response, says Mervyn King
Former governor says central bank ‘tarnished’ record by keeping interest rates low as price pressures intensifiedFinancial Times - Business -
2 men are charged with cutting down famous 150-year-old tree near Hadrian's Wall in England
Prosecutors in England say two men have been charged with cutting down the beloved 150-year-old Sycamore Gap tree that toppled over on Hadrian’s WallABC News - World -
UK set to lag behind peers on growth and suffer ‘sticky’ inflation, says OECD
Forecaster delivers downbeat outlook ahead of local elections in EnglandFinancial Times - Business - United Kingdom -
UK set to lag peers on growth and suffer ‘sticky’ inflation, says OECD
Forecaster delivers downbeat outlook ahead of local elections in EnglandFinancial Times - World - United Kingdom -
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 -
Rare bird visits garden and stays for three days
Bird-lover gets a rare "treat" after a hoopoe lands outside her back door.BBC News - Top stories -
US warns rates to stay high as it battles inflation
The US central bank has left interest rates unchanged again, noting a "lack of further progress" on inflation.BBC News - Top stories -
UK inflation: From too high, to too low?
Time to ease the squeezeFinancial Times - World - United Kingdom -
Job openings in the U.S. fall to the lowest level in three years
The number of job openings in the U.S. fell to 8.5 million in March and touched the lowest level in more than three years, suggesting the demand for labor is slowly waning.MarketWatch - Business -
UK to suffer slowest growth of all rich nations next year, OECD says
The U.K.'s "sluggish" growth prospects have put it on course to be the worst-performing economy of all advanced nations next year, according to the OECD.CNBC - Business - United Kingdom -
U.S. trade deficit hovers near highest level in almost a year
The trade deficit was flat in March at a nearly one-year high, capping off a first quarter in which a bigger shortfall acting as a drag on the official measure of U.S. economic growth.MarketWatch - Business -
All-American Davis staying at UNC for fifth year
Writing "I'm back" on Instagram, RJ Davis said he is returning to North Carolina for the 2024-25 season after being named an All-American and Wooden Award finalist last season.ESPN - Sports -
Shooter threat "neutralized" near Wisconsin school, officials say
There were no reported injuries after an active shooter near a middle school outside of Madison, Wisconsin, was "neutralized," officials said. Charlie De Mar has the latest.CBS News - Top stories -
Armed Student Is Killed Near Wisconsin Middle School, Officials Say
School officials in Mount Horeb, Wis., southwest of Madison, said that no one else was harmed and that schools were placed on lockdown.The New York Times - Top stories -
Interest earned by big UK high street banks on BoE reserves surges to £9.2bn
MP highlights scale of lenders’ ‘unanticipated income’ in 2023, but acknowledges some progress towards better savings rates for consumersFinancial Times - Business - United Kingdom -
Interest earned by big UK high street banks on BoE reserves surges to £9.2bn
MP highlights scale of lenders’ ‘unanticipated income’ in 2023, but acknowledges some progress towards better savings rates for consumersFinancial Times - World - United Kingdom -
Schemes targeting seniors account for $3.4 billion in reported losses, FBI says
Reports of elder fraud crimes increased by 14% in 2023, according to a new federal report.CBS News - Politics -
New Orleans archdiocese is target of child sex-trafficking inquiry, officials say
Louisiana state police recently served sweeping and unprecedented search warrant . The Roman Catholic archdiocese of New Orleans is the target of an active child sex-trafficking investigation, according to a sweeping and unprecedented search ...The Guardian - World -
IRS says number of audits about to surge. Here's who it is targeting.
The IRS is tapping Inflation Reduction Act funding to hire more agents and go after more tax cheats. Here's where it is focusing.CBS News - Top stories -
Rates Staying Higher for Longer Could Mean More Big Goodwill Write-DownsAhead
Walgreens, Lumen, Truist and Verizon are among the companies with the largest impairments in the past year.The Wall Street Journal - World -
Roman Josi and Alexandre Carrier score goals and Predators stay alive with 2-1 win over Canucks
Roman Josi and Alexandre Carrier scored and the Nashville Predators kept their season alive with a 2-1 victory over the Vancouver Canucks in Game 5 of their first-round playoff seriesABC News - Sports -
2024 NBA playoffs bracket, schedule, scores, games today: 76ers vs. Knicks, Pacers vs. Bucks on Thursday
Four first-round series are done, while four more will be decided in the coming daysCBS Sports - Sports - NBA -
Fed holds interest rates at 23-year high as inflation continues to push back timing of a rate cut
The Federal Reserve said Wednesday it will hold interest rates at a 23-year high, making borrowing tougher for everything from car loans to mortgages.CNN - Top stories - Federal Reserve -
4 children, 2 adults wounded in Fort Worth shooting, officials say
The shooting occurred at an apartment complex in west Fort Worth, authorities said.CBS News - Top stories -
Labour says it will not slash UK civil service if elected
Party officials describe Tories’ plan to cut Whitehall jobs to fund defence spending increase as ‘fanciful’Financial Times - World - United Kingdom -
Fed Says Inflation Progress Has Stalled, Extends Wait-and-See Rate Stance
U.S. central bank officials also approved a plan to slow the continuing reduction of their $7.4 trillion asset portfolio.The Wall Street Journal - World - Federal Reserve -
RBA May Have Been Too Timid in Fight Against Inflation, Economist Says
The Reserve Bank of Australia has likely been far too timid in raising interest rates given that swaths of the economy are still going strong, according to a former senior manager at the central bank.The Wall Street Journal - World -
Bitcoin is falling — but could still score new all-time highs this year. Here’s why.
A weekly look at the most important news and moves in crypto, and what’s on the horizon in digital assets.MarketWatch - Business -
Red Sea trade disruption could last until next year, warns Maersk
Shipping group raises forecast on higher volumes but fears new vessels from competitors will lead to overcapacityFinancial Times - Business -
Red Sea trade disruption could last until next year, warns Maersk
Shipping group raises forecast on higher volumes but fears new vessels from competitors will lead to overcapacityFinancial Times - World -
A U.S. ban on Russian uranium could shape nuclear fuel markets for ‘years to come’
A ban on U.S. imports of Russian uranium is set to shake up the market for nuclear power, and lift prices for the nuclear fuel which has been tight on supplies.MarketWatch - Business - Russia -
UK forecast for slowest growth of richest nations next year
The UK economy will remain “sluggish” due to the impact of interest rate rises, the OECD says.BBC News - Top stories - United Kingdom -
UK will be worst performer in G7 next year, OECD forecasts
UK constrained by high interest rates, price rises and staff shortages but thinktank offers optimistic outlook for global economy. The UK will be the worst-performing economy in the G7 next year, according to the Organisation for Economic ...The Guardian - World - United Kingdom -
A Tale of Three Universities
Northwestern appeases its protesters. Florida enforces its rules. Columbia is a mess.The Wall Street Journal - World -
Treasury yields end at lowest levels in at least a week after Fed’s Powell sees unlikely chance of a rate hike
Yields on U.S. government debt finished at their lowest levels in a week or more on Wednesday, after Federal Reserve Chair Jerome Powell delivered comments seen as more dovish comments than what was implied by the central bank’s own policy statement.MarketWatch - Business -
Americans widely opposed to decision overturning Roe nearly 2 years later: Poll
Americans still widely oppose the Supreme Court decision overturning Roe v. Wade, which ruled women do not have a federal right to an abortion, according to a poll released Wednesday. In the CNN poll, conducted April 18-23, 65 percent of ...The Hill - Politics -
Abortion is still consuming US politics and courts 2 years after a Supreme Court draft was leaked
Abortion is still consuming U.S. state legislatures, courts and political campaigns two years after the draft of a Supreme Court decision that would upend the status quo was leakedABC News - Health - Abortion -
Harris hits Trump on abortion 2 years after leaked Supreme Court decision
Vice President Harris on Thursday marked the second anniversary of the leaked Supreme Court draft decision to overturn Roe v. Wade with a fresh round of attacks on former President Trump over abortion, in a video obtained exclusively by The Hill. ...The Hill - Politics - Donald Trump -
NBC Sports could buy back rights to 'Roundball Rock' if it airs NBA games again, composer John Tesh says
In the pantheon of theme songs for TV sports, “Roundball Rock,” John Tesh’s anthem that accompanied National Basketball Association games on NBC until 2002, is arguably the greatest.NBC News - Top stories - NBA -
Mississippi Medicaid expansion plan could struggle for bipartisan support, Democratic leader says
The Mississippi House Democratic leader says a Medicaid expansion plan endorsed by Republican leaders could struggle for bipartisan supportABC News - Health