Dow soars nearly 600 points after inflation gauge closely watched by Fed reignites hope for fall rate cut
The Dow Jones Industrial Average surged nearly 600 points on Friday as investors breathed a sigh of relief after the Federal Reserve’s recommended inflation gauge met Wall Street expectations, rekindling optimism for interest rate cuts. The Commerce Department’s Bureau of Economic Analysis said Friday that the personal consumption expenditures (PCE) price index rose 0.3% last […]
‘Did You Fall On Your Head’: Biden Doesn’t Answer If He’ll Finish Full 4-Year Term Or Give Power To Kamala
President Joe Biden did not answer if he would finish his first full four-year term or give power to his vice president, instead poking fun at a reporter for questioning him on the topic. “President Biden, will you be serving your full four-year term or handing over power to Vice President Harris?” New York Post […]
Rangers fall in overtime as Panthers even up conference final
SUNRISE, Fla. — The Eastern Conference Finals are now down to a best-of-three series. The Rangers and Panthers have tied their first four home games, with Florida winning 3-2 on a power-play goal by Sam Reinhart just over a minute into overtime in Game 4 at Amerant Bank Arena on Tuesday night. Two more wins […]
Where do Caitlin Clark, Cameron Brink and Angel Reese fall in our WNBA rookie power rankings?
2024 WNBA One of the most anticipated draft classes in league history enters the third week of the season, and while there have been some standout players, there have also been its fair share of growing pains. Three of the highly anticipated rookies — Cameron Brink, Caitlin Clark and Angel Reese — are averaging double […]
Yankees unravel in four-run sixth inning, fall to Padres
SAN DIEGO — The Yankees spent most of the weekend suffocating the Padres offense. And what happened to Schmidt in the sixth inning on Sunday isn’t Clark Schmidt’s fault. Against Schmidt and two relief pitchers, the Padres managed to rally for four runs using an error, a fielder’s choice, two walks and three singles (one […]
Event rider Georgie Campbell dies in fall at Devon horse trials competition | Equestrianism
A professional equestrian has died during an equestrian event in Devon. Governing body British Eventing said in a statement: “We deeply regret that George Campbell (GBR) suffered a fatal accident on Sunday 26th May 2024 whilst competing at the Bicton International Eventing Event in Devon, England.” “Medical professionals rushed to the scene immediately after the […]
The Guardian view on Paula Vennells: pride came before her fall | Editorial
POrla Vennells’ attendance at the Post Office Horizon IT inquiry was always going to be a big event, even if it was overshadowed by Chancellor of the Exchequer Rishi Sunak’s decision to call an election this week. She was chief executive of the government-owned company from 2012 to 2019 and was in charge when forensic […]
Gen Z says ‘genius’ laundromat dates help them save money — and fall more in love
Agnèssa and Emilio Navarro love to talk dirty. Dirty shirt, dirty socks, dirty underwear. Rather than bouquets of roses and flickering candles, a bag of soiled clothes is often the focal point of the newlyweds’ romantic rendezvous. As the inflation crisis continues, thrifty Gen Z couples like Agnès and Emilio Navarro are embarking on cost-free […]
College admissions expected to drop in the fall after first-time increase since pandemic
Overall undergraduate enrollment increased by 2.5% for the spring 2024 semester, the first time enrollment in bachelor’s programs has risen in four years. But the modest increase is likely to be short lived, as financial aid chaos is expected in the fall. According to data published Wednesday from the National Student Clearinghouse Research Center, total […]
Mortgage rates fall below 7% in boost for homebuyers
The average rate on a 30-year mortgage fell this week to just below 7% for the first time since mid-April, providing a slight boost to homebuyers trying to weather a housing market slumped by rising prices and relatively few homes available. Mortgage buyer Freddie Mac said Thursday that interest rates fell to 6.94 percent from […]