President Joe Biden and the Democratic National Committee said Monday that they raised more than $51 million in April, falling well short of the $76 million that Donald Trump and the Republican Party reported taking in for the month. Source link
Inflation dropped by one-tenth of one percent in April, according to the Labor Department. The Consumer Price Index fell to 3.4% in April compared to 3.5% in March. The closely watched “core” rate of inflation that excludes food and fuel costs rose 3.6% in April. That’s the lowest increase since April of 2021. […]
NEW YORK (AP) — Retail sales in April were unchanged from March as inflation continued to sting and elevated interest rates made taking on debt more burdensome. The number followed a revised 0.6% pace in March, according to Commerce Department data released Wednesday. It rose 0.9% in February. That comes after sales fell 1.1% in […]
ISLAMABAD — Pakistan has recorded its wettest April since 1961, with more than double the usual rainfall for the month, the national weather center said. The country experienced days of extreme weather in April that killed scores of people and destroyed property and farmland. Experts said Pakistan witnessed heavier rains because of climate change. Last […]
The Federal Reserve’s decision last year to begin jacking up interest rates to cool the economy may finally be taking hold. The latest evidence for that is April’s jobs report which shows a huge drop in new jobs added from March’s 303,000 to April’s 175,000. This raised the unemployment rate to 3.9%. […]
WASHINGTON (AP) — The nation’s employers pulled back on their hiring in April, adding a modest 175,000 jobs in a sign that persistently high interest rates may be starting to take a bigger toll on the world’s largest economy. Friday’s government report showed that last month’s hiring gain was down sharply from the blockbuster increase […]
NEW YORK — U.S. stocks are falling Tuesday after the latest hotter-than-forecast reading on the economy raised more worries about inflation and interest rates staying high. The S&P 500 was 0.7% lower in afternoon trading and on track to close out its first losing month in the last six. It’s lost momentum since setting records […]
NEW YORK — A New York appeals court judge on Monday rejected Donald Trump’s bid to delay his April 15 hush money criminal trial while he fights to move the case out of Manhattan – foiling the former president’s latest attempt to put off the historic trial. Justice Lizbeth González of the state’s mid-level appeals […]
DES MOINES, Iowa — The numbers were drawn Wednesday night for an estimated $1.09 billion Powerball jackpot that ranks as the 9th largest in U.S. lottery history. The numbers selected were: 11, 38, 41, 62, 65 and the Powerball 15. The jackpot has been growing for more than three months, reflecting the long odds of […]
UNITED NATIONS (AP) — The Palestinians want the Security Council to vote later this month on their revived request for full membership in the United Nations, despite the United States reiterating Wednesday that Israel and the Palestinians must first negotiate a peace agreement. Riyad Mansour, the Palestinian U.N. ambassador, said 140 countries recognize the state […]
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