Fed holds interest rates higher for even longer as inflation remains high

The Fed will not lower interest rates until a certain level of inflation reaches its target rate of 2%. (iStock) The Federal Reserve Board stated: Lack of inflationary developments Interest rates have fallen over the past few months, which is why they’re holding their own at this point. The central bank announced Wednesday that it […]
EUR/USD remains above 1.0700 amid expectations of Fed refraining from further rate hikes – FXStreet

EUR/USD rose as risk appetite improved following dovish comments from Fed Chair Jerome Powell. Federal Reserve Chairman Jerome Powell said it will take longer than previously expected to bring inflation down to its 2% target. The euro could struggle as recent eurozone inflation figures raise hopes that the ECB could cut interest rates in June. […]
1 horse remains under observation and another is expected to recover fully after London rampage

One of the military horses that was separated from its trainer and galloped through the streets of London last week is expected to make a full recovery, while the other remains under observation, the British Army announced on Monday. London police capture two horses roaming the streets, with another believed to be on the run. […]
‘Midtown Jane Doe’ finally ID’d 20 years after remains found cemented in former NYC hot spot

NYPD detectives have finally identified the body of a woman found mysteriously buried in cement in what was once a famous Hell’s Kitchen hotspot 20 years ago. And they were eerily helped by the victims of 9/11. Police say the woman known only as “Midtown Jane Doe” was found in Sunset Park after her skeleton […]
Kirby: US remains hopeful for ‘6 weeks of peace’ with hostage deal that ‘Hamas has not fully rejected’

White House national security communications adviser John Kirby said Sunday that the United States remains hopeful of “six weeks of peace” with the hostage trade, which “Hamas has not completely rejected.” Speaking with host George Stephanopoulos on ABC’s “This Week,” Kirby assured the Biden administration that the Jewish state would not launch an operation in […]
More human remains found in Greater Manchester torso investigation | Greater Manchester

A man’s torso was found in a nature reserve in Greater Manchester, and more human remains have been discovered at two other locations as part of a murder investigation, police have said. Investigators believe the torso found in Salford is that of a man in his 60s and have informed his family. Greater Manchester Police […]
Human remains found in Hudson Valley by excavators

Excavation crews unearthed human remains from a Hudson Valley home last week, quickly dashing the town’s hopes of finally solving a decades-old missing person case, police said Thursday. . The skeleton was reportedly discovered on April 16 by workers preparing to build a new home in the town of Paterson. New York State Police. The […]
Woman Pleads Guilty To Trafficking Human Remains Across State Lines

Candace Chapman Scott, a 37-year-old Arkansas native, pleaded guilty Thursday to trafficking human remains across state lines and conspiracy to commit mail fraud, a press release by the United States Attorney for the Eastern District of Arkansas reads. Scott was formerly employed at Arkansas Central Mortuary Services, a funeral home, and was indicted April 5th […]
Ex-boyfriend charged after NYC woman’s remains found ditched in apartment bathtub: cops

The gruesome scene where a Manhattan man allegedly stabbed his ex-girlfriend to death and dumped her bloody body in a bathtub was described to The Post by police and law enforcement officials. Melanie Woods, 33, of Second Avenue, suffered multiple stab wounds and cuts to her neck when police and firefighters entered her apartment for […]
US economy cools as GDP growth hits lowest level since 2022 , inflation remains sticky to send Dow spiraling

Markets plunged Thursday as U.S. economic growth slowed to its slowest pace in two years in the first quarter, while inflation accelerated further, as President Joe Biden faces a brighter outlook for U.S. households heading into his re-election campaign. was cloudy. According to data released by the Department of Commerce, gross domestic product (GDP) grew […]