March Inflation Report Kills Chance of a June Rate Cut
Inflation shock sends tremors across Wall Street Was that an earthquake? The Ministry of Labor reported: Consumer Price Index (CPI) March rose by four-tenths of a percent, beating expectations and matching February’s readings. The so-called core consumer price index, which excludes food and energy prices, also rose 0.4%. of The year-on-year headline inflation rate was […]
Dow falls 400 points as hot inflation data hurt chance of June rate cut
Wednesday’s better-than-expected inflation numbers poured cold water on investors’ hopes that the Federal Reserve would start cutting interest rates as early as June, sending markets plummeting. All three major stock indexes fell sharply at the opening bell after the Labor Department announced that the consumer price index for March was 3.5%. This came on the […]
Homes listed in June often sell for more than usual, a Zillow study reveals
If they go public in the spring, sellers could get an average of $7,700 more than their original listing price. (iStock) Homeowners looking to sell this year may want to wait to list until June, when sellers tend to make the most money. According to one study, in 2023 homes listed in June sold 2.3% […]
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The June Rate Cut Dream Just Died
January-March employment boom cancels expectations for June interest rate cut 68 days. That’s how much time remains until the Federal Open Market Committee concludes in June, when the overwhelming majority of Wall Street economists think: Fed will announce interest rate cuts. Barring a big unexpected shock to the economy, Friday’s jobs report makes that highly […]
Jonathan Loaisiga out until at least June in Yankees injury blow
Jonathan Loaisiga has already returned to injured reserve. After appearing in three games in the first week of the season, the Yankees relief pitcher landed on the 60-day IL on Friday morning with a strained right flexor muscle. Dennis Santana was called up from Triple-A Scranton/Wilkes-Barre ahead of Friday’s home opener against the Blue Jays. […]
‘The Underground Railroad’, Barry Jenkins’ Acclaimed Miniseries, Coming To Criterion Collection In June
Ah, June! At the beginning of summer, movie buffs spend their days and nights indoors in air-conditioning, ticking off their international movie viewing lists. Still a few months away, The Criterion Collection We’ve just dropped a list of movie titles that will be added to our collection all summer long, including masterpieces from David Lynch, […]
Hunter Biden’s federal gun charges trial to begin June 3
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Colorado governor sets special election for Buck’s seat on June 25
The special election to fill the House seat vacated by outgoing Rep. Ken Buck (R-Colo.) will be held on June 25, the same day as the primary election for Gov. Jared Polis (D). Ru. Announced on Tuesday. After previously declaring he would not seek re-election, Buck unexpectedly announced on Tuesday that he would resign from […]
Javier Milei Planning Solidarity Trip to Ukraine in June
Local Argentine media reported on Tuesday that President Javier Millay plans to visit Ukraine in June to meet with President Volodymyr Zelenskiy and express Argentina’s support for the country amid continued Russian aggression. . Milley’s visit to Ukraine will be the first by a Latin American head of state to visit the country since former […]