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Inflation Surge Challenges Democrats’ Economic Plans : The party is running out of time on prescription-drug, climate and tax proposals
wsj.com/articles/inflation-surge-challenges-democrats-economic-plans-11657743396
Inflation Surge Challenges Democrats’ Economic Plans
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Profile picture of The Wall Street Journal
Inflation Surge Challenges Democrats’ Economic Plans : The party is running out of time on prescription-drug, climate and tax proposals
wsj.com/articles/inflation-surge-challenges-democrats-economic-plans-11657743396
Inflation Surge Challenges Democrats’ Economic Plans
Profile picture of Insider (news website)
Jamie Dimon says US has less than 50% odds of nailing a soft landing: "It looks a little bit more like the '70s to me, and I point out to a lot of people ...
businessinsider.com/jamie-dimon-soft-landing-outlook-recession-inflation-jpmorgan-geopolitics-2024-4
Jamie Dimon says US has less than 50% odds of nailing a soft landing
Profile picture of Insider (news website)
Jamie Dimon thinks he knows why people are so gloomy about the economy: The lowest earners have been left out of the economic boom, and it's no wonder they're ...
businessinsider.com/jamie-dimon-jpmorgan-wealth-income-inequality-economy-inflation-recession-housing-2024-4
Jamie Dimon thinks he knows why people are so gloomy about the economy
Profile picture of Boston Herald
Editorial: DC elites should try living on an average wage: When was the last time Joe Biden bought a loaf of bread? The president has people for that ...
bostonherald.com/2024/04/26/editorial-dc-elites-should-try-living-on-an-average-wage/
Editorial: DC elites should try living on an average wage
Profile picture of Fortune (magazine)
JPMorgan Chase CEO Jamie Dimon says Bidenomics is only ‘partially’ working as many Americans aren’t feeling ‘lifted up by this economy’
fortune.com/2024/04/25/jamie-dimon-on-bidenomics-jpmorgan-chase-economy-inflation-infrastructure/
JPMorgan Chase CEO Jamie Dimon says Bidenomics is only ‘partially’ working ...
Profile picture of Daily Sabah
JPMorgan CEO Dimon says ‘unbelievable’ US economy is booming: One of corporate America's most prominent executives on Tuesday expressed confidence in a ...
dailysabah.com/business/economy/jpmorgan-ceo-dimon-says-unbelievable-us-economy-is-booming
JPMorgan CEO Dimon says ‘unbelievable’ US economy is booming
Quick Glance: JPMorgan CEO Dimon Praises US Economy
  • Jamie Dimon, Chairman and Chief Executive Officer of JPMorgan Chase & Co., speaks to the Economic Club of New York.

  • Dimon expressed confidence in a robust U.S. economy with strong employment and healthy consumer finances.

  • However, he warned about the potential economic effects of rising national debt, inflation, and geopolitical conflicts.

  • Dimon also discussed the need for a more harmonious relationship between lenders and regulators, as well as praised U.S. leadership and economic power.
Profile picture of The Boston Globe
Poll: Biden economy is a big concern for independent Mass. voters: Independents are less likely to share Democrats’ rosy take on the state’s economy ...
bostonglobe.com/2024/04/25/business/massachusetts-voter-poll-independents-biden-economy/
Poll: Biden economy is a big concern for independent Mass. voters
Profile picture of The Washington Post
Donald Trump’s casual disparagement of prosecutors as ‘evil’ and ‘crazy’: Asked by a right-wing interviewer if he knew Democrats wanted him dead, Trump replied ...
washingtonpost.com/politics/2024/04/26/trump-greg-kelly-interview/
Donald Trump’s casual disparagement of prosecutors as ‘evil’ and ‘crazy’
Profile picture of Axios (website)
Exclusive: Biden opens first field office in Florida: The campaign now has a footprint in a county that went Democrat in the past two presidential elections.
axios.com/local/tampa-bay/2024/04/25/biden-campaign-field-office-florida
Exclusive: Biden opens first field office in Florida
Profile picture of Politico
Republicans hammer campus protesters, and Democrats, as unrest spreads: Democratic officials led by the White House on Thursday spurned the request from House ...
politico.com/news/2024/04/25/republicans-campus-protesters-democrats-00154508
Republicans hammer campus protesters, and Democrats, as unrest spreads
Quick Glance: USC Main Commencement Canceled Amid Gaza War Protests
  • Protests against the Israel-Hamas war prompt the cancellation of USC's main graduation ceremony and numerous arrests at campuses nationwide.

  • Universities are grappling with protests that could disrupt upcoming commencement ceremonies and are considering changes to regulations regarding encampments and exams.

  • Some students demand schools sever ties with Israel, leading to accusations of antisemitism and concerns about safety on campus.

  • The wave of protests, inspired by events at Columbia University, has led to civil rights investigations into universities facing protests and complaints of discrimination amidst the Israel-Hamas conflict.
Profile picture of The Hill (newspaper)
Biden vs. GOP: Tax fight heats up ahead of election: Rhetoric is heating up on competing visions for taxes from Democrats and Republicans ahead of the 2024 ...
thehill.com/business/4621855-biden-gop-tax-fight-heats-up-ahead-of-elections/
Biden vs. GOP: Tax fight heats up ahead of election
Profile picture of Democracy Now!
Three Arizona Republicans Join Democrats to Repeal 1864 Abortion Ban in State House
democracynow.org/2024/4/25/headlines/three_arizona_republicans_join_democrats_to_repeal_1864_abortion_ban_in_state_house
Three Arizona Republicans Join Democrats to Repeal 1864 Abortion Ban in ...
Quick Glance: Supreme Court Divided on Emergency Abortion Access: Highlights
  • The Supreme Court seems divided on access to emergency abortions in states with near-total bans.

  • The 1986 Emergency Medical Treatment and Labor Act could impact abortion access in emergencies.

  • The debate raises questions about fetal personhood and abortion rights conflict.

  • The court's decision could affect abortion access in 14 states with strict abortion bans.
Profile picture of Common Dreams
Biden and the Dems Are Slowing Big Oil’s LNG Gravy Train: Citizens like me are grateful that some of our elected leaders are finally standing up to Big Oil.
commondreams.org/opinion/biden-dems-lng
Biden and the Dems Are Slowing Big Oil’s LNG Gravy Train
Profile picture of The Atlantic
The 3.5 Percent Inflation Plateau: Prices have been rising faster than expected for the past three months. What’s going on?
theatlantic.com/ideas/archive/2024/04/inflation-above-fed-target/678174/
The 3.5 Percent Inflation Plateau
Profile picture of The Hill (newspaper)
Fetterman, Warren lead Democrats in urging DEA to ‘swiftly’ take marijuana off Schedule I
thehill.com/policy/healthcare/4621316-fetterman-warren-democrats-dea-marijuana-scheduling/
Fetterman, Warren lead Democrats in urging DEA to ‘swiftly’ take marijuana ...
Profile picture of News.com.au
RBA to ‘increase interest rates three times’: A top forecaster issued a dire interest rate warning, predicting that the Reserve Bank will be forced to hike three ...
news.com.au/finance/economy/interest-rates/leading-forecaster-warren-hogan-predicts-rba-will-hike-cash-rate-to-51-per-cent-this-year/news-story/f6f2f084778953ccaa0538383f67449f
RBA to ‘increase interest rates three times’
Profile picture of The Detroit News
Finley: Trump's right. Prosecution isn't fair. It's politics: The Democratic strategy to engage Donald Trump in the courtroom rather than on the campaign trail ...
detroitnews.com/story/opinion/columnists/nolan-finley/2024/04/24/finley-trumps-right-prosecution-isnt-fair-its-politics/73424071007/
Finley: Trump's right. Prosecution isn't fair. It's politics
Profile picture of CNN.com
Fears about stagflation are mounting in the US. It’s every central banker’s worst nightmare
cnn.com/2024/04/25/economy/stagflation-us-economy-gdp/
Fears about stagflation are mounting in the US. It’s every central ...
Quick Glance: Rising Key Fed Inflation Measure in March
  • In March, inflation remained strong, with an important indicator closely monitored by the Federal Reserve indicating elevated price pressures.

  • The personal consumption expenditures price index excluding food and energy increased 2.8% from a year ago in March, above expectations.

  • Both the all-items PCE price gauge and the core index increased by 2.7%, higher than estimates, leading to a positive market reaction.

  • Markets reacted mildly to the data, with Wall Street set to open higher, while Treasury yields fell and the probability of rate cuts increased slightly.
Profile picture of PBS
About 1 in 4 U.S. adults over 50 say they expect to never retire, an AARP study finds
pbs.org/newshour/economy/about-1-in-4-us-adults-over-50-say-they-expect-to-never-retire-an-aarp-study-finds
About 1 in 4 U.S. adults over 50 say they expect to never retire ...
Profile picture of The Guardian
Senior Democrat calls for arrests of ‘leftwing fascists’ urging Gaza ceasefire: Congressman Adam Smith says ‘totalitarian’ protesters are ‘trying to silence ...
theguardian.com/us-news/2024/apr/25/israel-gaza-ceasefire-adam-smith
Senior Democrat calls for arrests of ‘leftwing fascists’ urging Gaza ...
Profile picture of Politico
Poll: Trump remains vulnerable on abortion with independents, some Republicans: Half of voters in a new POLITICO-Morning Consult poll support states making their ...
politico.com/news/2024/04/25/trump-abortion-polling-00154213
Poll: Trump remains vulnerable on abortion with independents ...
Profile picture of Politico
White House doesn’t want to touch House speaker drama: Even though Johnson helped move his foreign policy aid package, the president isn’t going to intervene on ...
politico.com/news/2024/04/25/biden-mike-johnson-future-00154254
White House doesn’t want to touch House speaker drama
Profile picture of Bloomberg
Democrats Raise More Money for Senate Races With Wealthy Backers: Senate Republicans count billionaire Ken Griffin, Chevron Corp., and Occidental Petroleum Corp ...
bloomberg.com/news/articles/2024-04-26/even-with-ken-griffin-s-support-senate-republicans-are-losing-the-money-race
Democrats Raise More Money for Senate Races With Wealthy Backers
Profile picture of Reuters
Investors brace for 5% Treasury yields as US inflation worries mount: As U.S. inflation worries grow, some investors are preparing for the 10-year U.S ...
reuters.com/markets/us/investors-brace-5-treasury-yields-us-inflation-worries-mount-2024-04-26/
Investors brace for 5% Treasury yields as US inflation worries mount
Profile picture of Axios (website)
What's behind the unstoppable American consumer: The drivers of such robust spending — and how long they can last — are key to what's ahead for the ...
axios.com/2024/04/26/american-consumer-spending-resilience-economy
What's behind the unstoppable American consumer
Profile picture of The Hill (newspaper)
Democrats seen as more successful at passing legislation: Survey: Democrats are seen as more successful at passing legislation in the House of Representatives ...
thehill.com/homenews/house/4618423-democrats-seen-as-more-successful-at-passing-legislation-survey/
Democrats seen as more successful at passing legislation: Survey
Profile picture of Newsweek
How Latino Voters Will Decide the 2024 Election: Latino voters are "geographically concentrated" in key states, meaning they will play a "decisive role" in the ...
newsweek.com/how-latino-voters-will-decide-2024-election-1893129
How Latino Voters Will Decide the 2024 Election
Profile picture of The Washington Post
As usual, views of Trump guide views of his actions, not vice versa: New polling shows that Republicans are much less likely to view the Manhattan trial as ...
washingtonpost.com/politics/2024/04/24/polling-trump-criminal-trial/
As usual, views of Trump guide views of his actions, not vice versa
Profile picture of Foreign Affairs
Tyrants of Industry: Can the Right Tame Capitalism?: Can the right tame capitalism?
foreignaffairs.com/reviews/tyrants-industry-private-power-american-liberty
Tyrants of Industry: Can the Right Tame Capitalism?
Profile picture of hna.de
Big pension increase in the summer but was that it?: Pensions will rise more sharply in July than previously thought. But the increases could shrink ...
hna.de/wirtschaft/grosse-rentenerhoehung-im-sommer-zukunft-rente-inflation-inflationspraemie-rentner-kaufkraft-zr-93032410.html
Big pension increase in the summer but was that it?
Profile picture of The Sydney Morning Herald
Australians flattened by biggest tax increase in world: Bracket creep and the end of the low- and middle-income offset delivered the biggest tax hike in the ...
smh.com.au/politics/federal/australians-flattened-by-biggest-tax-increase-in-world-20240425-p5fmgf.html
Australians flattened by biggest tax increase in world
Profile picture of Insider (news website)
Stock market today: Dow drops 375 points after weak GDP data: Stocks dropped and bond yields rose as investors digested a tough reality of slowing GDP growth and ...
markets.businessinsider.com/news/stocks/stock-market-today-gdp-1q24-inflation-economy-tech-stocks-microsoft-2024-4
Stock market today: Dow drops 375 points after weak GDP data
Profile picture of ABC News
The US economy is cooling off. Why experts say there's no need to worry yet: The economy slowed dramatically to start 2024.
abcnews.go.com/Business/us-economy-cooling-off-experts-worry/story
The US economy is cooling off. Why experts say there's no need to worry ...
Profile picture of HuffPost
Ocasio-Cortez Calls Fellow Democrat's Remarks On Sanders 'Shameful': "He and many other Jewish leaders deserve better than to be treated this way ...
huffpost.com/entry/aoc-moskowitz-sanders-antisemitism_n_66295cebe4b0edb0e80a2d0f
Ocasio-Cortez Calls Fellow Democrat's Remarks On Sanders 'Shameful'
Profile picture of Axios (website)
Centrist Democrats want to refocus on border security: The call comes just hours after Biden signed a foreign aid package into law.
axios.com/2024/04/24/house-democrats-border-security-ukraine-israel
Centrist Democrats want to refocus on border security
Profile picture of The Washington Post
Anti-democratic warning signs are blinking in current polling: The Pew Research Center found indifference among Republicans about Donald Trump’s actions in 2020 ...
washingtonpost.com/politics/2024/04/25/trump-republicans-election-polling/
Anti-democratic warning signs are blinking in current polling
Profile picture of Reuters
BOJ keeps ultra-low rates, projects inflation near 2% for years: The Bank of Japan kept interest rates around zero on Friday and issued fresh estimates ...
reuters.com/markets/rates-bonds/bank-japan-may-signal-near-term-rate-hike-with-new-price-forecasts-2024-04-25/
BOJ keeps ultra-low rates, projects inflation near 2% for years
Profile picture of Los Angeles Times
Opinion: Speaker Mike Johnson sings 'Kumbaya' with the Democrats: Suddenly, Democrats and (some) Republicans in the House have joined in unorthodox ...
latimes.com/opinion/story/2024-04-25/mike-johnson-ukraine-aid-republican-party
Opinion: Speaker Mike Johnson sings 'Kumbaya' with the Democrats
Profile picture of Bloomberg
Chanel CEO Says Price Hikes Driven by Inflation, Craftsmanship: Chanel’s chief executive officer defended the luxury brand’s pricing after it raised the cost of ...
bloomberg.com/news/articles/2024-04-25/chanel-ceo-says-price-hikes-driven-by-inflation-craftsmanship
Chanel CEO Says Price Hikes Driven by Inflation, Craftsmanship
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Taiwan 2024 GDP forecast is 3.29% | Taiwan News | Apr. 25, 2024 14:16
taiwannews.com.tw/en/news/5673279
Taiwan 2024 GDP forecast is 3.29% | Taiwan News | Apr. 25, 2024 14:16
Profile picture of Axios (website)
Tester's campaign against his own party: The senator's campaign in deep-red Montana could be the difference between Democrats keeping Senate control or ...
axios.com/2024/04/24/jon-tester-biden-democrats
Tester's campaign against his own party
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Sainsbury’s Expects Retail Profit to Exceed £1 Billion This Year: J Sainsbury Plc expects a big jump in profit this year as the UK supermarket chain pulls in ...
bloomberg.com/news/articles/2024-04-25/sainsbury-s-expects-retail-profit-to-exceed-1-billion-this-year
Sainsbury’s Expects Retail Profit to Exceed £1 Billion This Year
Profile picture of Insider (news website)
Photos show how divided Democrats, Republicans in Congress have become: Outbursts, scuffles, and statement outfits have become more common among members of ...
businessinsider.com/republicans-democrats-congress-arguing-photos-2023-10
Photos show how divided Democrats, Republicans in Congress have become
Profile picture of Axios (website)
U.S. economy grew at 1.6% annualized rate in first quarter: By comparison, GDP increased at 3.4% annual rate in the fourth quarter of 2023.
axios.com/2024/04/25/us-economy-gdp-report-q1-2024
U.S. economy grew at 1.6% annualized rate in first quarter
Profile picture of Fox Business
Mortgage demand falls again as interest rates soar past 7%: A key measure of home-purchase application fell for the third straight week as mortgage interest ...
foxbusiness.com/economy/mortgage-demand-falls-again-interest-rates-soar-past-7
Mortgage demand falls again as interest rates soar past 7%
Profile picture of Premium Times
Cost of preparing Jollof rice up 29.3% – Report: The SBM Jollof Index tracks how much it costs to make a pot of jollof rice for a family of five
premiumtimesng.com/agriculture/689379-cost-of-preparing-jollof-rice-up-29-3-report.html
Cost of preparing Jollof rice up 29.3% – Report
Profile picture of Kent Live
Staff at Kent school face redundancies due to rising 'costs and inflation': The Duke of York's Royal Military School said it was consulting on a ...
kentlive.news/news/kent-news/staff-dover-school-face-redundancies-9248991
Staff at Kent school face redundancies due to rising 'costs and inflation'
Quick Glance: Arrest and Three Injured in Wales School Attack
  • Police urge removal of social media footage to prevent contempt of court and distressing those affected.

  • A parent expresses concern over the injured and highlights the rarity of such incidents in Ammanford.

  • Three injured and one arrested after an incident at Ysgol Dyffryn Aman in Ammanford, South-west Wales.

  • Recap of the ongoing investigation at the school as parents anxiously wait for updates on their children's safety.
Profile picture of Daily Maverick
Copper Hits $10,000 a Ton as BHP Bid Shows Tight Supply Pipeline: Copper hit $10,000 a ton for the first time in two years as speculation builds that the world’s ...
dailymaverick.co.za/article/2024-04-26-copper-hits-10000-a-ton-as-bhp-bid-shows-tight-supply-pipeline/
Copper Hits $10,000 a Ton as BHP Bid Shows Tight Supply Pipeline
Profile picture of Bloomberg
US Treasury Yields Fall After Fed’s Favored Inflation Gauge Meet Expectations: A selloff in US Treasuries paused on Friday, bringing yields down from their ...
bloomberg.com/news/articles/2024-04-26/treasury-yields-fall-after-pce-inflation-data-meet-expectations
US Treasury Yields Fall After Fed’s Favored Inflation Gauge Meet ...
Profile picture of The Independent
Democrats don’t think a TikTok ban will alienate young voters — are they right?: Trump’s posts on Truth Social and polling elsewhere suggest young voters may ...
independent.co.uk/news/world/americas/us-politics/tiktok-ban-democrats-young-voters-b2534134.html
Democrats don’t think a TikTok ban will alienate young voters — are they ...
Profile picture of Bloomberg
Inflation Data Reinforce Powell’s Shift Toward High for Longer: Fresh inflation data released Friday cemented the message from Federal Reserve Chair Jerome ...
bloomberg.com/news/articles/2024-04-26/inflation-data-reinforce-powell-s-shift-toward-high-for-longer
Inflation Data Reinforce Powell’s Shift Toward High for Longer
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Does fighting inflation always lead to recession? What NZ data tells: Here is what 60 years of New Zealand data shows us.
rnz.co.nz/news/business/515288/does-fighting-inflation-always-lead-to-recession-what-nz-data-tells
Does fighting inflation always lead to recession? What NZ data tells
Profile picture of Insider (news website)
Stock market today: Indexes rise to close best week since November: US stocks climbed to end the week. The tech sector rallied sharply, with the Nasdaq Composite ...
markets.businessinsider.com/news/stocks/stock-market-news-today-earnings-pce-tech-rally-nasdaq-alphabet-microsoft-2024-4
Stock market today: Indexes rise to close best week since November
Profile picture of Bloomberg
Fed’s Preferred Core Inflation Gauge Rose at Brisk Pace in March: The Federal Reserve’s preferred gauge of underlying US inflation rose at a brisk pace in March ...
bloomberg.com/news/articles/2024-04-26/fed-s-preferred-core-inflation-gauge-rose-at-brisk-pace-in-march
Fed’s Preferred Core Inflation Gauge Rose at Brisk Pace in March
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Wall St rises as Big Tech charges higher: Wall Street's main indexes advanced on Friday as most megacap growth stocks rose after robust quarterly results from ...
reuters.com/markets/us/futures-climb-alphabet-microsoft-results-lift-megacaps-2024-04-26/
Wall St rises as Big Tech charges higher
Profile picture of Nikkei Asia
Yen tumbles past 158 against dollar on stubborn U.S. inflation : TOKYO/NEW YORK -- Japan's currency fell past 158 yen to the dollar on Friday in a ...
asia.nikkei.com/Business/Markets/Currencies/Yen-tumbles-past-158-against-dollar-on-stubborn-U.S.-inflation
Yen tumbles past 158 against dollar on stubborn U.S. inflation
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Profile picture of The Guardian
UK consumers feeling more confident about finances, says NatWest boss: For first time since August 2021 people expect position to be better in a year ...
theguardian.com/business/2024/apr/26/uk-consumers-feeling-more-confident-about-finances-says-natwest-boss
UK consumers feeling more confident about finances, says NatWest boss
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Morning Bid: Big Tech see-saw flips positive, yen swings wildly: A look at the day ahead in U.S. and global markets from Mike Dolan
reuters.com/markets/us/global-markets-view-usa-2024-04-26/
Morning Bid: Big Tech see-saw flips positive, yen swings wildly
Profile picture of BZ Basel
KSBL writes a loss of 25 million francs for the 2023 financial year: After a profit of 2.5 million francs in 2022, the Kantonsspital Baselland (KSBL) slipped ...
bzbasel.ch/basel/baselland/jahresbilanz-im-tal-der-traenen-ksbl-schreibt-einen-verlust-von-25-millionen-franken-fuer-das-geschaeftsjahr-2023-ld.2610918
KSBL writes a loss of 25 million francs for the 2023 financial year
Profile picture of The Wall Street Journal
What to Do With Bonds When Inflation Won’t Die: Readers weigh in, and our columnist responds, on how to invest for income in this market
wsj.com/finance/investing/how-not-invest-bond-market-part-two-cd4e6697
What to Do With Bonds When Inflation Won’t Die
Profile picture of Reuters
Sterling steadies against dollar, jumps to 16-year high vs yen: Sterling steadied on Friday after rising to a two-week high against the dollar as markets awaited ...
reuters.com/markets/currencies/sterling-steadies-against-dollar-jumps-16-year-high-vs-yen-2024-04-26/
Sterling steadies against dollar, jumps to 16-year high vs yen
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Explainer: Charting the Fed's economic data flow: The U.S. Federal Reserve held its benchmark overnight interest rate steady in the 5.25%-5 ...
reuters.com/markets/us/charting-feds-economic-data-flow-2024-04-05/
Explainer: Charting the Fed's economic data flow
Profile picture of Reuters
Japanese yen retreats after sudden surge: The Japanese yen slid on Friday, having briefly jumped against the dollar and other currencies ...
reuters.com/markets/currencies/yen-its-weakest-decades-boj-meets-2024-04-26/
Japanese yen retreats after sudden surge
Profile picture of Insider (news website)
Argentina's inflation fight makes peso world's strongest currency: Javier Milei's measures to tame Argentina's inflation have boosted the peso to the top ...
markets.businessinsider.com/news/currencies/argentina-peso-us-dollar-dollarization-recession-inflation-milei-foreign-currency-2024-4
Argentina's inflation fight makes peso world's strongest currency