Powell said inflation was higher than 'anyone' expected ahead of new report. Biden makes false claim that inflation was 9 percent when he took office. READ MORE:
Far from having youngsters' best interests at heart, jurors found Kate Roughley, 37, was cruel and callous, with her ill-treatment leading to the death of nine-month-old Genevieve Meehan.
Expect More Inflation No Matter Who Wins The Election Authored by Mike Shedlock via MishTalk.com, For many reasons, the Fed will struggle to contain inflation. This is part one on the Fed’s struggle. It covers deficit spending and interest on the debt. Key Points The government is running a cumulative deficit of $1.1 trillion so far in FY2024 ($46 billion more than the same period in the prior fiscal year when adjusted for timing shifts) Revenues were $2.2 trillion...
The Labor Department's Bureau of Labor Statistics will provide the consumer price index data Wednesday at 8:30 a.m. ET.
Another sunny beautiful day is expected for Friday.
Rivian Automotive (RIVN) posted a wider-than-expected loss in the first quarter. The EV maker reported an adjusted loss of $1.24 per share, which was more than the $1.15 loss analysts were expecting. Revenue of $1.20 billion was in line with expectations of $1.18 billion. Yahoo Finance's Pras Subramanian beaks down Rivian's Q1 results. For more expert insight and the latest market action, click here to watch this full episode. This post was written by Stephanie Mikulich.
Bengals receiver Tee Higgins still has not signed his franchise tender and is not expected to by next week, a source told ESPN's Adam Schefter, which would make him ineligible to report for Cincinnati's organized team activities.
Wholesale prices jumped more than expected in April, putting up another potential roadblock to interest rate cuts anytime soon. The producer price index, a gauge of prices received at the wholesale level, increased 0.5% for the month, higher than the 0.3% Dow Jones estimate, the Labor Department’s Bureau of Labor Statistics reported Tuesday. However, the […]
The producer price index was expected to increase 0.3% in April, according
Wide receiver Marquez Valdes-Scantling had two big catches to help the Chiefs beat the Bills in the playoffs last season, but it looks like he'll be trying to help the Bills this time around.
Retail inflation, on the other hand, eased slightly in comparison to March, but remained higher than it had been in April last year.
The New Orleans Saints are expected to sign former Chicago Bears offensive lineman Lucas Patrick to a one-year contract Monday, according to his agents Justin and Joel Turner.