Fed's united front on interest rates may soon be tested
Synopsis by Reuters Jul 25 22
Federal Reserve officials are likely to hit a key milestone this week with an interest rate hike that ...Read full article 
Reuters: Fed's united front on interest rates may soon be tested
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| Last Updated | Jul 25 22 |
| Total Articles | 3 |
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nypost.com/2024/04/18/lifestyle/shopper-sparks-outrage-after-paying-7-for-a-single-apple/
Quick Glance: Outrage Stirred by Expensive Apple Purchase
- A Boston influencer sparked outrage by sharing that she paid $7 for a single apple at Whole Foods.
- The video clip, shared by the woman under the username @via..li, has since been deleted from her own account.
- Despite Whole Foods listing the Organic Sugarbee Apple at $3.99 per pound in most Boston zip codes, prices may vary at different outlets.
- The TikTokker claimed the apple cost $7, causing outrage among viewers, although some expressed doubts about her story.
Home Sales in March Had Biggest Decline in 16 Months: Sales of previously owned homes decreased 4.3% from the prior month to a seasonally adjusted annual rate of ...
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Summers: Another Trump term would bring ‘inflationary spiral,’ big deficits: Former Treasury Secretary Larry Summers warned Wednesday that a second Trump ...
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Social Security cost of living boost in 2025? Early estimate calls for 2.6% increase
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Quick Glance: Powell Warns of Lack of Progress on Inflation
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- Powell mentioned that the current policy should remain in place as inflation has not declined quickly enough and there has been no further progress towards the 2% goal.
- Since July 2023, the Fed has maintained its benchmark interest rate in a target range between 5.25% and 5.5%, the result of 11 consecutive rate hikes.
- Financial markets have had to adjust their expectations for rate cuts this year as inflation has been higher than expected, and the Fed's policy continues to be dependent on data.
If the Reserve Bank were a football coach, it would have been sacked eons ago: The bank’s job is to hold inflation between 2 and 3 per cent. Since mid-2014 ...
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Should you wait for interest rate cuts to buy a house?: Once interest rates fall, property prices would likely go up, but buyers could borrow more money ...
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Trump Media tells shareholders how to block their DJT stock being loaned to short sellers
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Instant view: Oil, Japan's yen up on reports Israeli missiles hit Iran: Oil and gold prices rose and Japan's yen rallied on Friday on reports Israeli missiles ...
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Heineken Ireland is latest to hike price of pint from June: Heineken Ireland has announced that the price of its draught products will increase from June 4.
independent.ie/business/irish/heineken-ireland-is-latest-to-hike-price-of-pint-from-june/a1053458282.html
'Net interest income' has Wall Street worried right now. Here's what it is and why it matters
qz.com/net-interest-income-nii-bank-earnings-fed-interest-rate-1851416810
S&P 500: Expect A 20%+ Crash: The S&P 500 faces a dangerous situation with three major events and could drop sharply by over 20% in the near term ...
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Oxford shuts down institute run by Elon Musk-backed philosopher: Nick Bostrom’s Future of Humanity Institute closed this week in what Swedish-born philosopher ...
theguardian.com/technology/2024/apr/19/oxford-future-of-humanity-institute-closes
Unintended acceleration leads to recall of every Cybertruck produced so far: That isn't what Tesla meant by Full Self-Driving
theregister.com/2024/04/19/tesla_recalls_all_3878_cybertrucks/
Quick Glance: Tesla Cybertrucks Recall Issued
- Tesla responds to defective accelerator pedals in nearly 3,900 Cybertruck pickups causing unintended acceleration.
- The recall involves Cybertruck vehicles manufactured between November 2023 and April 2024.
- An unauthorized use of soap during the accelerator pedal assembly likely led to the defect.
- Tesla voluntarily recalled the vehicles on April 12 due to two customer complaints.
Natural Gas Is Cheap. Why Electricity Isn’t.: A variety of factors—from power-hungry data centers to utilities spending to move toward cleaner sources of ...
barrons.com/articles/natural-gas-is-cheap-why-electricity-isnt-b8e40fdb
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After Roe v Wade, alarms sound about emergency pregnancy care in U.S.: Complaints about pregnant women being turned away from emergency rooms spiked in the ...
apnews.com/article/pregnancy-emergency-care-abortion-supreme-court-roe-9ce6c87c8fc653c840654de1ae5f7a1c
Quick Glance: Alarming Conditions in Emergency Pregnancy Care for Women in the US
- Complaints surged about pregnant women being turned away from U.S. emergency rooms after the Supreme Court overturned Roe v. Wade, as per federal documents.
- The cases raise serious questions about emergency pregnancy care in the U.S., especially in states with strict abortion laws that sparked confusion about the treatment doctors can provide.
Warner Bros. Discovery CEO David Zaslav got paid $50 million even as the company lost money
qz.com/warner-bros-discovery-ceo-david-zaslav-salary-pay-1851423539
Paid articlePaid Apple removes WhatsApp and Threads from China store under pressure from Beijing: Internet regulator orders delisting of two Meta-owned apps over ‘national ...
ft.com/content/17b0059b-14b5-42fa-a84f-7de7a05ac08a
Quick Glance: Apple removes WhatsApp and Threads in China
- Apple removes Meta-owned apps under Chinese government pressure.
- Apps delisted due to 'national security concerns'.
- Chinese users now unable to download Western social media apps.
- Apple faces declining iPhone sales in China despite branding efforts.
Judge in Trump case orders media not to report where potential jurors work: The judge in Donald Trump's hush money trial has ordered the media not to report ...
apnews.com/article/trump-hush-money-trial-media-jurors-anonymity-f858be6648fa2df7d2ab69efd30a524c
Quick Glance: Twelve Jurors Seated in Trump's Hush Money Trial
- A jury of 12 individuals was empaneled on Thursday in the landmark hush money trial of former President Donald Trump, bringing the proceedings closer to opening arguments and the commencement of weeks filled with compelling testimonies.
- The upcoming trial is anticipated to present unfavorable testimonies regarding Trump's personal life pre-presidency, including accusations of manipulating business records to suppress narratives in the final days of the 2016 election surrounding his intimate relationships.
- Central to the trial is a payment of $130,000 made by Cohen just before the 2016 election to adult film actress Stormy Daniels, aimed at preventing her allegations of a sexual encounter with Trump from being publicized in the campaign's final stretch.
- The selection of the jury holds paramount significance in any criminal proceeding, particularly so when the accused is a former president and the presumed Republican candidate. Potential jurors have undergone extensive scrutiny concerning their online presence, personal backgrounds, and political stances as legal representatives and the judge meticulously scrutinize for partialities that could compromise their impartiality.
SpaceX to Shut Off Starlink Access for Users Outside Availability Areas: The decision is upsetting users based in Africa, where internet speeds are often slow ...
pcmag.com/news/spacex-to-shut-off-starlink-access-for-users-outside-availability-areas
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