The latest economic report from the Federal Reserve indicated that inflation in May had slowed down to its lowest annual rate in over three years. The core personal consumption expenditures price index rose by a mere 0.1% for the month, showing an increase of 2.6% from a year ago. This figure was down by 0.2
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The latest economic report expected from the Commerce Department has sparked hopes for positive news regarding inflation. The personal consumption expenditures price index, closely monitored by the Federal Reserve, is anticipated to show minimal, if any, monthly increase for the month of May. This would mark the first time since November 2023 that such a
Rep. Lauren Boebert, a Republican from Colorado, successfully won her party’s primary on Tuesday, securing the nomination for Colorado’s 4th District. This victory comes after Boebert made the strategic decision to run in a different district than the one where she narrowly won re-election in 2022. By defeating five other Republicans for the nomination, Boebert
Marc Whitten, a former Amazon and Microsoft executive, has been appointed as the new CEO of General Motors’ Cruise autonomous vehicle unit. With a background as a founding engineer at Microsoft’s Xbox and experience as chief product officer of audio company Sonos, Whitten brings a wealth of knowledge and expertise to his new role. His
Recent issues with the new Free Application for Federal Student Aid (FAFSA) have led to a decline in completion rates among high school seniors. As of June 14, only 45% of the high school class of 2024 has submitted the FAFSA, marking a 12% decrease from the previous year. This decline has caused over 300,000
In a horrifying incident that sent shockwaves across the nation, Rep. Nancy Pelosi’s husband, Paul Pelosi, was viciously attacked by David DePape with a hammer during a break-in at the couple’s San Francisco home in 2022. This despicable act of violence left Paul Pelosi traumatized and injured, while Nancy Pelosi was fortunately away in Washington,
The world of politics has always been influenced by money, but the level of financial contributions in the upcoming election is reaching unprecedented heights. Megadonors from both sides of the political spectrum are making headlines with their staggering donations to politicians and outside groups. Businessman Timothy Mellon, known for his support of both former President
Student loan borrowers have until the end of June to take advantage of a deadline that could result in faster debt forgiveness. By consolidating multiple federal student loans into a single new loan, borrowers can benefit from a temporary policy that may lead to the immediate clearance of their debts. Under the policy instituted by
As we approach the second half of 2024, investors are keen on identifying stocks with the potential to outperform the market. Wall Street analysts have highlighted several companies that are expected to see significant gains in the upcoming months. With the S & P 500 reaching record levels and many investment firms increasing their year-end
In a groundbreaking move, members of the Amazon Labor Union have made the decision to affiliate with the International Brotherhood of Teamsters. This marks the first time that a group of company workers has organized at a U.S. warehouse, demonstrating a shift in the labor landscape at Amazon. The joint statement released by both groups