America seemed headed for an economic fairytale that would end at the end of 2023. The painfully rapid inflation that had set in in 2021 appeared to be cooling in earnest, and economic growth was beginning to slow following a series of interest rate hikes from the Federal Reserve. But 2024 has brought with it…
Enlarge symbolArrows point outwards David Dwayne Cassady, inmate in Georgia. Courtesy: Georgia Department of Corrections A man serving a life sentence in a Georgia prison for kidnapping and other crimes built two bombs that he mailed to an office building in the District of Columbia and to the federal courthouse and buildings in Anchorage, Alaska,…
Sean “Diddy” Combs. Shareif Ziyadat | Getty Images Federal agents searched homes of hip-hop mogul Sean Combs in Los Angeles and Miami as part of a criminal investigation in New York, NBC News reported, citing sources. U.S. Department of Homeland Security agents who searched Combs’ properties were authorized to search them by warrants from the…
The latest reading of the Federal Reserve’s most popular inflation gauge was in line with economists’ expectations, as price increases remained above the central bank’s target even after months of slowdown. The inflation measure of personal consumption expenditures rose 2.5 percent in February from a year earlier, according to a report released Friday by the…
The DOJ alleges that a high-ranking Yakuza member, Takeshi Ebisawa, was the central figure in a plot to funnel American weapons to ethnic militias in Myanmar in exchange for heroin and meth. Ebisawa is accused of drug importation, money laundering and conspiracy to purchase surface-to-air missiles. NBC News Federal prosecutors in New York said on…
Christopher Waller, Gouverneur der US-Notenbank, während einer Fed Listens-Veranstaltung in Washington, DC, am Freitag, 23. September 2022. Al Drago | Bloomberg | Getty Images Der Gouverneur der US-Notenbank, Christopher Waller, sagte am Donnerstag, er müsse weitere Beweise dafür sehen, dass sich die Inflation abkühle, bevor er bereit sei, Zinssenkungen zu unterstützen. In einer politischen Rede…
The core consumer spending price index was expected to rise 0.2% monthly in December and 3% from a year earlier. Source link 2024-01-26 14:43:55 www.cnbc.com
