NEW YORK >> U.S. stocks closed mixed today after the Federal Reserve left its key interest rate unchanged, as expected, and indicated that while its next move will likely be a rate cut, continued progress on inflation is not assured.
Today, the Commerce Department released a snapshot of its growth report for the first quarter. The country’s gross domestic product (GDP) grew by just 1.6 percent, its slowest pace in nearly two years. Further, inflation rates have also risen dramatically. Many economists are describing this as “the worst of both worlds.” Economists polled by Reuters […]
Melinda May actor Ming-Na Wen reveals whether Marvel Studios has approached her about returning as the fan-favorite S.H.I.E.L.D. agent in the MCU.
The House of Representatives passed legislation over the weekend that would broaden sanctions against Iran's oil exports
Jurrien Timber scored a stunning strike just eight minutes into his Arsenal return. The defender had missed 254 days in total after suffering ACL ligament damage. Prejudice and bias are dangerous claims from these clubs. Liverpool, Arsenal and now Forest. It's embarrassing – Listen to the
Over the past year, I’ve had numerous conversations with people, including family members, who believe the whole transgender issue is a big old nothing-burger. They say it’s just another political football used to score points with the right to drum up rage and, ultimately, votes. I wish that were true. In its never-ending genuflection to extreme activists, the Biden administration continues to undo years of women’s rights efforts with the single stroke of a pen. Late last week, Biden, in...
May 1 (UPI) — The Federal Reserve Wednesday voted to keep interest rates unchanged, in line with expectations as inflation remains above the central bank’s 2% threshold. The Federal reserve’s Federal Open Market Committee said in a statement that the central bank left interest rates for overnight bank borrowing within a range of 5.25%-5.5%. With CPI inflation at 3.5%, the […] The post Fed leaves interest rates unchanged amid inflation rate higher than 2% target first appeared on Gephardt Daily.
David Kenwright oversaw team medal at Tokyo in 2021Coach hails ‘lasting positive impact for our sport’David Kenwright has left his role as the head coach of Great Britain’s women’s gymnastics team less than 100 days before the start of the Paris Olympics.Kenwright’s departure, after seven years in the post, also comes on the eve of the start of the women’s European artistic gymnastics championships in Rimini, Italy. Continue reading
Star striker talks achieving another promotion, potentially making scoring history and finding acceptance in his son’s autism‘The desire to win will be the same as every other game,” Paul Mullin says as he anticipates a Hollywood-style finale for Wrexham on Saturday afternoon while their fans at home and around the world celebrate a second straight promotion. Wrexham’s last game in League Two is against the new champions, Stockport County, and Mullin is determined to end another tumultuous and...
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Southwest also froze hiring to cut costs.
By NICK PERRY Associated Press GILFORD, N.H. (AP) — A costumed skier races down a slope, hits a pond and hydroplanes halfway across. He pirouettes and then plunges into the icy water before jumping up and waving to the cheering crowd. It’s the wacky spring tradition of pond skimming, and it’s happening this month at