Fed’s preferred inflation gauge shows price pressures stayed elevated last month

WASHINGTON (AP) — A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed’s reluctance to cut interest rates anytime soon and underscoring a burden for President Joe Biden’s
AP Decision Notes: What to expect in New York’s special congressional election

WASHINGTON (AP) — House Republicans’ majority could tighten by another vote after Tuesday’s special congressional election in Buffalo — at least, temporarily. Voters are choosing a replacement for Democrat Brian Higgins, a longtime House member who cited
Traders add to bets on September start to Fed rate cuts

(Reuters) – Traders added to bets that the U.S. Federal Reserve will deliver its first interest rate cut this year in September, after a government report on Friday showed U.S. inflation rose last month in line with
US FDA says about 1 in 5 commercial milk samples tested positive for bird flu traces

(Reuters) – About one in five samples of commercial milk in the U.S. tested positive for traces of bird flu in a national survey, with a greater proportion coming from areas with infected herds, the U.S. Food
US inflation rises in line with expectations in March

WASHINGTON (Reuters) – U.S. inflation rose moderately in March, but that is unlikely to change financial markets’ expectations that the Federal Reserve will hold off cutting interest rates until September. The personal consumption expenditures (PCE) price index
Nick Reed’s Must Read Headlines – 04.26.24

Trump: The Supreme Court on Thursday heard oral arguments on Trump’s presidential immunity claim in Jack Smith’s January 6 case in DC. Justice Samuel Alito destroyed DOJ prosecutor Michael Dreeben with one question. Justice Alito Destroys Jack
The Latest | Trump’s hush money trial will resume with cross-examination of ex-tabloid publisher

NEW YORK (AP) — Defense lawyers in Donald Trump’s hush money trial are poised Friday to dig into an account of the former publisher of the National Enquirer and his efforts to protect Trump from negative stories
Takeaways from AP’s investigation into fatal police encounters involving injections of sedatives

The practice of giving sedatives to people detained by police spread quietly across the nation over the last 15 years, built on questionable science and backed by police-aligned experts, an investigation led by The Associated Press has
Dozens of deaths reveal risks of injecting sedatives into people restrained by police

Demetrio Jackson was desperate for medical help when the paramedics arrived. The 43-year-old was surrounded by police who arrested him after responding to a trespassing call in a Wisconsin parking lot. Officers had shocked him with a
Daimler Truck faces imminent strike by over 7,300 US workers

By Nathan Gomes (Reuters) – Daimler Truck must reach a new labor contract with over 7,300 hourly workers at six facilities in the U.S. South by the end of Friday or face a possible strike by the