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U.K. Inflation Eases as BOE Readies for Rate Cuts
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Federal Reserve not expected to budge on interest rates yet as inflation holds its grip
Consumers will have to be patient as they wait for price increases to meaningfully slow down, economists say.NBC News - Top stories - Federal Reserve -
Inflation Is Exhausting
Feeding the family in an era of Washington mismanagement.The Wall Street Journal - World - Inflation -
Ireland Threatens to Return Asylum Seekers to U.K., Sparking Diplomatic Squabble
The Irish government said it was drafting emergency legislation to return asylum seekers to Britain, after seeing a surge of people leaving there for sanctuary in Ireland.The New York Times - World -
Biden Administration Plans to Recommend Easing Marijuana Restrictions
The move kicks off a lengthy rule-making process and could amount to a major change in federal policy.The New York Times - Top stories - Joe Biden -
Biden administration plans to reclassify and ease restrictions on marijuana
The Biden administration is taking steps to reclassify marijuana from Schedule I, the most strict classification that includes heroin and LSD, to Schedule III, a less restrictive category that includes steroids and drugs like Tylenol.NBC News - Politics - Joe Biden -
Oil Prices Drop as Middle East Tension Eases
Oil prices were lower in early Asian trade as tensions in the Middle East ease for now.The Wall Street Journal - World -
Poland is still not ready to adopt the euro, its finance minister says
Twenty years after Poland joined the European Union, its finance minister says the country is still not ready to adopt the euro currencyABC News - World -
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 -
Brazil posts strong job figures, signals stronger activity; inflation a concern
Yahoo News - World - Brazil
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Li Auto Posts Slowest Delivery Growth in Nearly Two Years
The Chinese electric-vehicle maker’s delivery growth slowed in April amid an intensifying EV price war, lower-than-expected sales of its first fully electric model, and rising competition from Huawei-backed Seres.The Wall Street Journal - World -
China PMIs Paint Bright Outlook for Commodity Demand
China’s latest PMI surveys suggest the economy continues to grow at a faster clip than a few months ago, supporting commodity demand, Capital Economics said.The Wall Street Journal - World - China -
Columbia President Holds On---for Now---as Student Protests Spiral
Minouche Shafik is facing criticism over the university’s response to pro-Palestinian demonstrations, and the pressure is intensifying after she called the NYPD onto campus to arrest protesters.The Wall Street Journal - World -
Congress is advancing changes aimed at improving air travel as federal lawmakers prepare to reauthorize the rules that govern the FAA's operations.
Congress is advancing changes aimed at improving air travel as federal lawmakers prepare to reauthorize the rules that govern the FAA’s operations.The Wall Street Journal - World -
New York police entered Columbia University's campus, where they breached a building that had been occupied by protesters and removed pro-Palestinian demonstrators from encampments.
New York police entered Columbia University’s campus, where they breached a building that had been occupied by protesters and removed pro-Palestinian demonstrators from encampments.The Wall Street Journal - World - New York