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CPI report for March: Dow Jones tumbles more than 450 points after hotter-than-expected inflation data MarketWatch Source link
zzz/NDZ/STAR MAX/IPx/AP Investors worry the hotter-than-expected inflation report will push back the Fed’s timeline for the rate cuts it has been hinting would come this year. New York CNN — US stocks fell sharply Wednesday morning after
U.S. Customs and Border Protection (CBP) will resume commercial and legal travel at four official crossings along the U.S.-Mexico border Thursday that were partially or fully closed recently due to record levels of migrant crossings, senior U.S. officials told reporters Tuesday. The impacted ports of entry are in Eagle Pass, Texas, Lukeville and Nogales, Arizona […]
Gov. Ron DeSantis vetoed the Legislature’s efforts to draw a Black opportunity congressional district in North Florida while letting state House and Senate districts drawn along the same principles pass into law without objection. That testimony came Monday in a lawsuit challenging the redistricting plan the governor forced on the Legislature last year on grounds […]
U.S. stocks traded higher toward the end of trading, with the Nasdaq Composite gaining more than 200 points on Tuesday. The Dow traded up 0.73% to 33,959.64 while the NASDAQ rose 1.75% to 13,569.42. The S&P 500, also rose, gaining, 1.22% to 4,381.53. Check This Out: Top 4 Materials Stocks That Could Sink Your Portfolio […]
June 27, 2023 1:03 PM | 4 min read U.S. stocks traded higher midway through trading, with the Dow Jones gaining more than 100 points on Tuesday. The Dow traded up 0.39% to 33,845.82 while the NASDAQ rose 0.55% to 13,408.91. The S&P 500, also rose, gaining, 0.46% to 4,348.76. Check This Out: Top 5 […]
Story Links Debrecen, Hungary – Oklahoma State freshman Eric Dailey Jr. scored in double-figures for the third straight game to help the United States stay unbeaten at the FIBA U19 World Cup with a 122-70 victory over Lebanon. Dailey — a 6-foot-8 forward from Bradenton, Fla. — put up […]
The Justice Department on Friday issued a scathing assessment of Minneapolis police, alleging that racial discrimination and excessive force went unchecked before George Floyd’s killing because of inadequate oversight and an unwieldy process for investigating complaints. The probe began in April 2021, a day after former officer Derek Chauvin, who is white, was convicted of […]
PAUL WISEMAN AP Economics Writer 4 mins ago WASHINGTON (AP) — Wholesale prices in the United States rose modestly last month, the latest sign that inflationary pressures may be easing more than a year after the Federal Reserve unleashed an aggressive campaign of steadily higher interest rates. From March to April, the government’s producer price […]
April 28 (Reuters) – The Federal Reserve on Friday blamed the deregulatory zeal that occurred during the Trump era for contributing to the second-largest bank failure in U.S. history, appearing to take a clear stand on an acrimonious policy divide in Washington. Amid the turmoil that Silicon Valley Bank’s implosion unleashed on the financial system […]