Anti-Israel Protesters Holding Flares March To NYPD HQ Calling For The Release Of 150 Arrested At NYU
New York University students and pro-Palestinian supporters gather outside the New York University Stern School of Business building on Monday, April 22, 2024, in New York. (AP Photo/Mary Altafer) OAN’s James Myers8:25am – Tuesday, April 23, 2024 Anti-Israel demonstrators armed with smoke bombs marched toward New York Police Department headquarters on Monday night after the […]
Commercial real estate foreclosures jumped 117% in March as trouble looms
Stifel’s KBW CEO Thomas Michaud assesses the stability of regional banks, commercial real estate and the Basel III proposal. of commercial real estate Markets are beginning to distort under the weight of rising interest rates and remote work. There were 625 commercial real estate foreclosures in March, an increase of 6% from February and 117% […]
March retail sales blew past expectations
Retail sales in March exceeded expectations, according to new numbers released by the Commerce Department on Monday. The latest estimates are Ministry of Commerce Retail sales were shown to have increased by 0.7% in March, more than double the previous year. consensus estimation Increased by 0.3% from last month. Retail sales in March exceeded expectations […]
CBP report reveals lowest March for migrant encounters; Texas crackdown continues
U.S. Customs and Border Protection (CBP) released its monthly update touting a decline in the number of encounters with migrants since last month. In March, Border Patrol recorded 137,480 encounters between ports of entry along the Southwest border. Encounter rates between ports of entry along the Southwest border decreased by 45% compared to December 2023 […]
Gas, housing and car insurance costs soar, fueling inflation in March
March inflation rates showed gas, home and auto insurance to rise for another month (iStock) A stronger-than-expected rise in consumer prices in March pushed up inflation and gave the Federal Reserve more reason to delay cutting interest rates. On an annualized basis, prices rose 3.5% in March, higher than last month’s 3.2% rise and also […]
Producer prices come in softer than consumer prices in March
After consumer prices rose, producer prices rose less than economists expected in March, providing some relief to analysts and suggesting that underlying inflation may still be easing. suggested. The Labor Department’s Producer Price Index (PPI) rose 0.2% last month, lower than the expected 0.3%. The index rose 0.6% in February and 0.4% in January. PPI […]
Wholesale inflation rose 0.2% in March, slightly below estimates
Wholesale prices last month posted the largest year-on-year increase in 11 months, but the following day, stock prices plummeted on a report on higher-than-expected U.S. inflation, raising concerns that the Fed won’t cut interest rates soon. It was the day after that. According to the U.S. Department of Labor, the producer price index, which tracks […]
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 […]
March inflation breakdown: Where are prices rising the fastest?
The “Morning with Maria” panel discusses the U.S. economy and markets after January’s CPI of 3.1% year-over-year. Inflation rose faster than expected in March as rising rent and gas prices kept prices painfully high for millions of Americans. The Labor Department said Wednesday that the Consumer Price Index (CPI), which measures the price of daily […]
Here’s where prices rose the most in March
Inflation rose again in March, with consumer prices rising 0.4% from the previous month and 3.5% from a year earlier. The latest statistics show that the Consumer Price Index (CPI), which is closely watched as an indicator of inflation, has exceeded expectations for the third consecutive month, indicating that the US Federal Reserve will soon […]