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Wholesale Inflation Soars in February: Wealth Advisor Weighs In
Inflation on the wholesale side rose twice as much as expected to 0.6% in February. The Labor Department’s report also shows PPI over the last 12 months ending in February hit 1.6%.
Dr. Laffer: Biden thinks he can buy election with budget proposal
Reagan economist doctor Arthur Laffer claims president Joe Biden is attempting to buy the election with his 20-25 budget proposal. One America’s Daniel Baldwin with more.
Migrant crime sparks tragic incidents across the country
Immigration is quickly becoming one of the biggest issues for voters heading into the 2024 general election. One America’s Daniel Baldwin has more.
House Passes Bill That Could Ban TikTok
House lawmakers vote to force TikTok’s Chinese parent company ByteDance to divest the video sharing app or face a ban in the U.S.
Inflation Increases to 3.2% in February
The latest Consumer Price Index report for February is in, showing an unexpected increase in annual inflation to 3.2 percent, exceeding analysts’ predictions of 3.15 and marking a notable increase from January’s figures.
Business Read More
US retail sales miss expectations; producer prices accelerate
Consumer spending appeared to be slowing in the first quarter amid rising inflation and high borrowing costs.
Toyota agrees to biggest wage hike in 25 years, paves way for BOJ shift
Toyota Motor agreed to give factory workers their biggest pay increase in 25 years.
New Zealand to seize black boxes from LATAM Boeing 787 as passengers recount incident
New Zealand’s Transport Accident Investigation Commission said on Tuesday it was seizing the cockpit voice recorder and flight data recorder.
Fed to start rate cuts in June; risk fewer delivered this year
The U.S. Federal Reserve will cut its key interest rate in June, according to a stronger majority of economists in the latest Reuters poll.
Technology Read More
Former Treasury Secretary Mnuchin putting together investors to buy TikTok, CNBC reports
His comment comes just a day after the bill passed giving ByteDance about six months to divest the U.S. assets or face a ban.
US House passes bill to force ByteDance to divest TikTok or face ban
The U.S. House of Representatives overwhelmingly passed a bill that would give ByteDance about six months to divest the U.S. assets of TikTok or face a ban.
Google restricts AI chatbot Gemini from answering queries on global elections
Google looks to restrict Gemini to avoid potential missteps in the deployment of the technology.
Apple to let developers distribute apps directly from their sites
Software developers who use Apple’s App Store will be able to distribute apps to EU users directly from their websites this spring.
Entertainment Read More
Dua Lipa, Coldplay and SZA to headline UK’s Glastonbury Festival
Female acts will fill two of the three headline slots at Britain’s Glastonbury Festival for the first time in June.
‘Sunset Boulevard’ leads nominations at London’s theatre Olivier Awards
Sarah Jessica Parker, Joseph Fiennes and Sarah Snook received nods at London’s top theatre honours.
Oscars 2024: Atomic bomb movie ‘Oppenheimer’ crowned best picture
“Oppenheimer” claimed seven Academy Awards including the prestigious best picture trophy.
Sports Read More
Paris mayor wants Russian athletes banned from Olympics
The IOC is due to discuss the question of the participation of Russian and Belarusian athletes.
Djokovic stunned by lucky loser Nardi at Indian Wells
World number one Novak Djokovic was stunned by lucky loser Luca Nardi in the third round of Indian Wells.
Lyles on four-gold mission to light up Paris
Noah Lyles understands that anyone who wants the job as the face of world athletics requires a combination of charisma and talent.