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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 […]
Japan Gives US 250 Replacement Cherry Trees For Tidal Basin: REPORT
Japan’s prime minister, Fumio Kishida, announced Wednesday that Japan will gift 250 cherry trees to replace the ones torn down during construction at the Tidal Basin in Washington, D.C., the New York Times (NYT) reported. “These Japanese-born cherry trees have been sounding the arrival of spring to the city every year for over 110 years,” […]
Three Paramount board members to step down amid talks to merge with Skydance: report
Four members of Shari Redstone’s Paramount Global board are expected to step down from the entertainment giant amid merger talks with Skydance Media. The Wall Street Journal reported This was disclosed on Wednesday, citing a person familiar with the situation. A person familiar with the matter told Reuters earlier this month that Paramount’s board of […]
Shohei Ohtani’s ex-interpreter expected to plead guilty in fraud case: report
Shohei Ohtani’s former interpreter, Ippei Mizuhara, is reportedly expected to plead guilty to fraud charges for allegedly stealing money from the MLB star to pay off gambling debts. Otani said he was unaware of Mizuhara’s alleged gambling problem or that $4.5 million was stolen. According to a report in the New York Times, authorities believe […]
Grandma Breaks Guinness World Record For Longest-Held Plank: REPORT
A 58-year-old Canadian grandmother broke the Guinness World Record on March 21 for the longest time in an abdominal plank position by a female. DonnaJean Wilde held the position for 4 hours, 30 minutes, and 11 seconds, according to the Guinness World Records (GWR). Her time beat the previous record, set by Dana Glowacka in […]
New Brexit checks to cost UK business £2bn and fuel inflation, report finds | Trade policy
The report warns that the UK’s new post-Brexit border controls, which come into force later this month, will cost British businesses £2 billion and result in damage to UK-EU trade, adding to the risk of inflation. It is said to encourage growth. With less than a month to go until new checks for animal and […]
Stock futures slip on Wednesday evening as traders brace for another inflation report: Live updates – CNBC
5 minutes ago Local banks collapse on Wednesday market reaction to March inflation It wasn’t immediately clear whether local banks would be as low as they were Wednesday after inflation accelerated in March and U.S. Treasury yields rose again later. After all, the S&P 500 Financial Index was down just 1.5%, while the S&P 500 […]
Margot Robbie Producing ‘Monopoly’ Movie: REPORT
Lionsgate and Hasbro reportedly announced that Margot Robbie is making a Monopoly movie. The major studios revealed the big news as part of the CinemaCon conference Wednesday in Las Vegas, according to The Associated Press. Robbie’s production company LuckyChap got “Barbie” produced and released after many years of being stuck in the development stage. The […]
REPORT: Law Office Shooting Leaves Three Dead In Nevada
The Las Vegas Metropolitan Police Department (LVMPD) announced that three people are dead following a shooting at a Nevada law office Monday. The deceased include the shooter, who killed himself, and two victims, according to police. “The multi-story office building and hundreds of people inside were evacuated during this incident,” the LVMPD tweeted. A video […]