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

Yuki Iwamura/Bloomberg/Getty Images A shopper carries a Macy’s bag outside the company’s flagship store in New York’s Herald Square neighborhood on April 11. CNN — Inflation remained high last month, but that hasn’t stopped Americans from spending. The Personal Consumption Expenditure Price Index, closely watched as the Federal Reserve’s favored inflation indicator, accelerated to 2.7% […]

CNN anchor presses Trump lawyer on Kagan military coup questioning

CNN anchor Caitlan Collins grilled former President Trump’s lawyers about Supreme Court Justice Elena Kagan’s questioning of the former president’s presidential immunity case in the Supreme Court on Thursday. “Under what circumstances is ordering a military coup an official act of the president?” Collins said that there were communications between Kagan and President Trump’s attorney […]

‘Be Careful’: CNN Panel Says Trump Prosecution May Be Making ‘Misstep’ By Showing ‘Salacious’ Headlines

CNN panelists warned Tuesday that prosecutors may have made a “misstep” in Manhattan District Attorney Alvin Bragg’s case against former President Donald Trump by spending substantial time showing “salacious” National Enquirer headlines to the jury. Prosecutor Matthew Colangelo argued during opening statements Monday that Trump sought to “corrupt” the 2016 election through payments to porn star […]

‘You Didn’t Let Me Finish My Point’: CNN Panel Heats Up Over Anti-Israel College Protests

A CNN panel heated up Tuesday morning over anti-Israel protests at college campuses as conservative commentator Jonah Goldberg clashed with a fellow guest. New York City Police Department (NYPD) officers cleared out clusters of pro-Palestine protest encampments at Columbia University on Thursday; however, the demonstration reconvened and continued days later. CNN panelists Goldberg and Lulu […]

Switzerland says UBS may need more cash. The bank is fuming – CNN

Arndt Wiegmann/Reuters UBS headquarters in Zurich, Switzerland (photo) 2015. London CNN — A year later Credit Suisse goes bankrupt, Swiss government announces UBS may have to find out Up to $27 billion to absorb potential This is to ensure that taxpayers don’t have to bail out the big banks as they suffer losses. Now, Switzerland’s […]