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Hot US economy dampens hope for rate cuts

Economic data across multiple indicators is in the spotlight, showing the strength of the U.S. economy and the persistence of inflation in the last mile downhill to the Federal Reserve’s target rate of 2%. If the consumer price index (CPI) reaches an annual rate of 3.5% in March, there is a possibility that interest rates […]

Stocks sink after hot March inflation data

The Morning with Maria panel examines March core CPI, expected Fed rate cuts, and the overall market outlook. U.S. stocks fell across the board as better-than-expected inflation data dampened hopes for a June interest rate cut by the U.S. Federal Reserve. ticker safety last change change % Me: DJI Dow Jones Average 38380.61 -503.06 -1.29% […]

March inflation report expected to show another month of ‘hot’ price gains

Former Kansas City Fed President Thomas Honig responded to Jerome Powell’s statement that the Fed was not ready to start cutting interest rates “coast-to-coast.” A closely watched inflation report on Wednesday is expected to show that progress in combating price pressures within the economy slowed again in March. Economists expect the consumer price index, which […]

Clouds expected at these solar eclipse hot spots

I can’t be a cirrus cloud! Some of the hottest destinations to observe celestial wonders are expected to steal the thunder of a rare total solar eclipse due to cloudy weather. Niagara Falls, New York, is expected to be “very cloudy,” and Erie, Pennsylvania, is expected to have “cloudy skies and a slight chance of […]

Caitlin Clark GOAT debate hot topic before March Madness title game

University of South Carolina coach Dawn Staley thinks Caitlin Clark needs to do one more thing to get into the GOAT speech. Staley, who had a great collegiate career at the University of Virginia, said in Saturday’s pregame press conference that Clark needs to win a championship to be in the all-time conversation. If that […]

Ex-hospital administrator pleads guilty to hot dog vendor’s identity for 30 years

A former hospital administrator has pleaded guilty to stealing the identity of a former colleague over a 30-year period, resulting in the man being sent to a psychiatric hospital. Matthew David Keirans, 58, stole the identity of hot dog vendor William Donald Woods when the two worked together in Albuquerque, New Mexico, in the late […]