• CNN

    The Fed’s preferred inflation gauge just moved in the wrong direction

    Inflation remained stubbornly high last month, but it hasn’t stopped Americans from spending. The Personal Consumption Expenditures price index — a closely watched inflation gauge favored by the Federal Reserve — accelerated to 2.7% for the year ended in March, according to data released Friday by the Commerce Department. That rate was above economists’ expectations for a 2.6% gain and landed above February’s reading of 2.5%. On a monthly basis, prices rose 0.3%, unchanged from the pace seen in...

  • Jerome Powell may not rule out future rate hikes as the Fed gets ready to meet amid stubborn inflation, analysts say

    Some analysts on Wall Street think Powell will say rate hikes aren't the base case but will depend on economic data and can't be ruled out.

  • Bukayo Saka: ‘The hunger to win keeps me going, that’s why I keep getting up’

    Arsenal’s world-class attacker on embracing the occasion of a pivotal derby at Tottenham with team’s title hopes on the lineEven when the stakes could barely be higher, Bukayo Saka finds the capacity to step back a little and marvel. He needs no telling what Sunday’s north London derby means, the possibilities victory would unlock and the likely implications of falling short, but it would not feel the same without a sense of fun.“When you go in the stadium and see the atmosphere, it’s...

  • What 'Civil War' Gets Right (and Wrong) About Photojournalism

    Civil War eschews the typical trappings of a combat action movie by turning the lens not toward the soldiers but to the photographers capturing them. And while it excels in some aspects of its portrayal, it falters when it comes to the big stuff. [Read More]

  • Shōgun: What the Hit Series Gets Wrong About Japan

    Is Shōgun a Japanese show or an American one? It was produced by an

    • WLS-AM

    Inflation is not going away – how to keep your money safe

    Inflation is not going away anytime soon. Jonathan Hoenig, aka The Capitalist Pig, visits the Steve Cochran Show to share his money tips for the middle 60% from how to save to how to invest during this uncertain time. https://omny.fm/shows/steve-cochran-on-the-big-89/inflation-is-not-going-away-

  • What People Are Getting Wrong This Week: Chemtrails (Sigh)

    In this column I try not to cover things that any normal person knows are fake—like chemtrails. But just this week, Tennessee legislators passed a state law that bans “the intentional injection, release, or dispersion, by any means, of chemicals substances, or apparatus with the express purpose of affecting temperature, weather, or the intensity of the sunlight. In other words: chemtrails.

  • Price pressures persist in Fed’s inflation gauge

    WASHINGTON >> A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed’s reluctance to cut interest rates anytime soon and underscoring a burden for President Joe Biden’s re-election bid.

  • Kristi Noem's story of murdering her dog keeps getting worse

    Kristi Noem has done plenty of terrible things as governor of South Dakota. That includes disregarding COVID-19 safety rules and being among the first to treat the whole pandemic as a political opportunity. No pencil-pushing scientist was going to tell her what to do, even if that meant citizens in South Dakota had to be airlifted out of state for treatment due to overcrowding. She’s banned from visiting 10% of the land in her own state because of her continuous disrespect for Native Americans....

  • Fed's favorite inflation gauge rises faster than expected in March

    An inflation measure closely watched by the Federal Reserve rose faster than expected in March as high prices continue to weigh on millions of Americans. The personal consumption expenditures index showed that consumer prices rose 0.3% from the previous month, according to the Labor Department, in line with expectations. On an annual basis, prices climbed 2.7% – higher than both the 2.6% forecast from LSEG economists and the 2.5% reading recorded the previous month. In another sign that progress...

  • What People Are Getting Wrong This Week: Donald Trump Trial Myths

    For the first time in American history, a former president is the defendant in a felony trial, and the misinformation, rumors, and fake news are coming in hot from the Trump trial. Below are some quick fact-checks of some of the many dubious claims coming out of the trial.

    • Romper

    Ashley Tisdale Vents About How She Keeps Getting Sick From Her Toddler While Pregnant

    Ashley Tisdale is pregnant with her second child and says her 3-year-old keeps passing on illnesses. She says it's been "horrible."