Inflation Persists as Core Price Index Rises to 2.8 Percent
The Fed's preferred inflation measure was raised in October, with core prices up 2.8% over the past year, underscoring the continuing challenge of stubborn inflation despite months of continued weakness. The personal consumption expenditure price index, which measures changes in the cost of goods and services, rose 0.2% in the month. Excluding volatile food and […]
Gold prices hit record high as rate cut cheer persists – Investing.com
Investing.com — Gold prices hit a record high in Asian markets, benefiting from continued support for lower U.S. interest rates, while rising uncertainty ahead of a series of signals this week also drove prices higher. Last week, precious metals surged to record highs after the Federal Reserve cut interest rates and have largely maintained that […]
EUR/GBP Price Analysis: Bearish outlook persists, pair continues sideways trading – FXStreet
With the RSI below 50 and the MACD also below, the bearish outlook remains. The selling pressure is decreasing, which is indicated by the decrease in the red MACD bars. On Tuesday’s session, the EUR/GBP pair saw a moderate rise to 0.8440, indicating that the technical outlook remains mixed. Although bears seem to be taking […]
750,000 Fentanyl Pills Seized in One County in 2024 but Crisis Persists
Kansas' fentanyl crisis is an “extremely dangerous situation,” law enforcement officials say, with the synthetic opioid causing roughly 80 percent of drug overdose deaths in one of the state's most populous regions. Sedgwick County officials Have One population More than 520,000 people Revealed Police have seized as many as 750,000 fentanyl pills so far in […]
Inside Prince Andrew’s plan to remain at Royal Lodge as King Charles feud persists
Prince Andrew has reportedly made plans to remain in his current royal residence as his brother, King Charles, continues to look for loopholes to allow them to downsize their residence. The disgraced Duke of York, 64, has been living in the $38 million Royal Lodge on the grounds of Windsor Castle since 2004, having signed […]
Jan. 6 sentences under fresh scrutiny as Supreme Court fallout persists
The larger impact of the Supreme Court's decision to strike down the obstruction count used in the Jan. 6 attacks will face new scrutiny on Wednesday, when the court tests whether the resentencing of rioters should result in shorter sentences in such cases. Since the Supreme Court's June ruling, numerous rioters have asked the judge […]
Suspected car prowler attacks armed homeowner. Despite warning shot, attack persists — but next shot ends things permanently.
A north-central Washington homeowner shot and killed a suspected car-prowler during a standoff Sunday night. An armed homeowner approached the suspects tampering with the homeowner’s vehicle around 7:15 p.m. on Hanford Street near Omak Avenue. KXLY-TV reported.According to a release from the Omak Police Department, the city of Omak is approximately 50 miles from the […]
Gold prices remain close to record highs as rate cut cheers persists – Investing.com
Investing.com — Gold prices rose in Asian markets on Thursday, hovering near record highs as a weaker dollar supported the precious metal amid growing expectations of a U.S. interest rate cut. Demand for safe haven metals also increased in the precious metals market following reports of a possible deterioration in trade relations between the United […]
Back-to-school spending will likely stay flat or drop as inflation persists: survey
Back-to-school spending is likely to remain flat or fall slightly this year as cash-strapped parents, hard hit by inflation, pull back on electronic purchases in favor of value, a new survey finds. Citing consumer research, Deloitte said consumers could spend about $586 per student from kindergarten through 12th grade, or $31.3 billion. By 2023, it […]
DC mayor ripped for private jet flight to golf tournament while crime persists, approval ratings nosedive
Democratic Mayor Muriel Bowser is facing the ire of critics for attending the Masters golf tournament in a private jet last week as violent crime continues to plague the city. Bowser, who is currently facing plummeting approval ratings, traveled more than 500 miles to Augusta, Georgia, with senior advisers on the jet of real estate […]