Fed’s preferred inflation gauge ticked up in July as likely interest cut looms

The Federal Reserve's preferred measure of inflation rose slightly last month and consumer spending also grew robustly, suggesting the economy remains strong and providing a case for the central bank to oppose a half-percentage-point interest rate cut next month. The Commerce Department said on Friday that the personal consumption expenditures (PCE) price index rose 0.2% […]
School District Compelled Teacher to Use ‘Preferred Pronouns’

An Ohio school district forced a Christian teacher to use a student’s “preferred pronoun” as he transitioned, a federal court has said. The verdict was given this month. In 2022, middle school English teacher Vivian Geraghty resigned from her job in the Jackson Area School District after the district required her to use the names […]
Fed’s preferred inflation gauge eases to 2.5% in June

The Federal Reserve’s preferred inflation measure rose 2.5% year-on-year in June, in line with market expectations and raising hopes of a rate cut in September. The Commerce Department said on Friday that the personal consumption expenditures index (PCE) rose 0.1% in June from the previous month, while core PCE, which excludes volatile food and energy […]
Fed's preferred inflation gauge ticks higher in June

The Federal Reserve’s preferred inflation measure rose slightly in June, according to new data released Friday by the Commerce Department. The personal consumption expenditures (PCE) price index rose 0.1% last month and is up 2.5% over the past year. Core PCE, which excludes more volatile food and energy prices, rose 0.2% in June and is […]
My Chase Ink Preferred Card Approval Experience – One Mile at a Time

In the interest of full disclosure, OMAAT earns a referral bonus for those who are approved through one of the links below. These are the best publicly available offers we found for each product or service (terms and conditions apply). Opinions expressed here are the author’s alone and are not those of any bank, credit […]
‘Concord’ game mocked for characters with preferred pronouns

A first-person shooter called “Concord” was criticized for being overly progressive after its developers introduced several of the game’s characters and revealed that their preferred pronouns would be displayed on the character selection screen. Firewalk Studios director Kim Clynes showed off the game during PlayStation’s State of Play event, which brings you news and announcements […]
Fed’s preferred inflation gauge was up 2.6% in May

The key inflation measure the Fed uses to track price growth rose 2.6% last month, in line with analysts’ expectations. Stock market futures rose across the board early Friday as investors expect central banks to cut interest rates later this year. The personal consumption expenditures index (PCE) is the Fed’s preferred inflation measure. The personal […]
Obama stresses critical Dem Senate majority for appointing preferred judges

Former President Barack Obama, at a fundraiser Wednesday night, stressed the importance of maintaining a Democratic majority in the Senate and underscored the Senate’s unique authority to confirm judges nominated by the president. “The ability to appoint judges has never been more important than it is today,” he said during the event in Potomac, Maryland. […]
The Two Best Cards To Pair With The Chase Sapphire Preferred – Forbes

Chase Sapphire Preferred and Chase Freedom Unlimited If you combine the Sapphire Preferred and Freedom Unlimited, you’ll want to choose the right card for each purchase to maximize your points: Use the Sapphire Preferred for dining, online grocery orders, some streaming services, and travel. Then use the Freedom Unlimited for drugstore purchases and all other […]
The Chase Sapphire Preferred Got Even Better With a $900 Welcome Bonus – CNET

Andriy Onufriyenko/Getty Images If you’re looking for a new travel credit card, listen up. Chase is offering a limited-time 75,000 point welcome bonus when you open a Chase Sapphire Preferred® Card or Chase Sapphire Reserve® and spend $4,000 within three months. “This is a powerful bonus on a good card,” said Jason Steele. credit card […]