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The Consumer Price Index rose 0.3% in April, slightly below economists' expectations. Inflation was 3.4% annually in April, in line with forecasts. Core inflation, which excludes volatile food and energy prices, rose 0.3% month-over-month and 3.6% year-over-year in April. Shelter costs increased 0.4% in April and were up 5.5% from a year ago. Energy prices rose 1.1% in April and were up 2.6% annually, while food prices were flat monthly. Used and new vehicle prices declined in April. Inflation remains above the Fed's 2% target, but signs of easing could allow them to pause rate hikes until more data is available in 2024.

Consumer Price Index Rises 0.3% in April, Slightly Below Expectations

⏲ 0:48 👁 840K

Jamie Dimon, the CEO of JPMorgan Chase & Co, has voiced concerns about the persistent inflationary pressures in the U.S. economy. He suggests that these pressures may lead to a prolonged period of higher interest rates than what investors anticipate.

JPMorgan's Jamie Dimon Warns Of 'A Lot Of Inflationary Forces' Ahead, Predicts Higher Interest Rates

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During a discussion on the Dave Ramsey Show, titled \

'Should I Buy All My Kids A House?' Widow Uncertain After Husband's Death, Asks Dave Ramsey About Purchasing Homes For Her 3 Adult Children

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As Welsh superstars are conquering the sporting world at the moment, attention turns from the snooker with Jak Jones to boxing as Lauren Price managed to go all the way to become world champion and make more history for her country.

Lauren Price becomes Wales’s first female world champion boxer: A true champion representing her nation

⏲ 1:0 👁 2.2M

Apple Vision Pro Details: अमिताभ बच्चन ने एप्पल विजन प्रो का इस्तेमाल करने के बाद इस प्रोडक्ट की खूब तारीफ की और कहा कि इसे पहनने के बाद आपका नजरिया पूरी तरह बदल जाएगा. <br/> <br/>Apple Vision Pro Details: After using Apple Vision Pro, Amitabh Bachchan praised this product a lot and said that after wearing it, your perspective will completely change. <br/> <br/> <br/>#AmitabhBachchan <br/> <br/> <br/><br/>~HT.97~ED.120~PR.115~

Amitabh Bachchan Vision Pro Experience लेते Viral, क्या है Apple Vision Pro Technology & Price

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Is buying a property more sustainable than renting? What are the costs to keep in mind while opting for homeownership? How much of a loan should you be taking in terms of an #EMI? <br/><br/><br/>In this episode of Big Decisions with Germinate Investor Services' Santosh Joseph, we delve deep into the age-old question of whether you should buy a house or live on rent.<br/><br/>

To Buy Or To Rent? Here's What You Need To Know |Big Decisions Episode 6 | NDTV Profit

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In a bid to settle thousands of lawsuits over its discontinued heartburn drug Zantac, Pfizer has agreed to pay up to $250 million. The settlement, disclosed in a Delaware court filing last week, is intended to significantly reduce Pfizer’s potential liability, reported Financial Times, citing people familiar with the deal.

Pfizer Settles Zantac Lawsuits, Agrees To $250M Settlement To Reduce Liability: Report

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Warren Buffett has been selling more stocks than buying from Berkshire Hathaway's portfolio for the last 6 quarters, including selling a portion of his Apple stake and all of his Paramount shares. Buffett trimmed 13% of Berkshire's Apple position, still the largest holding, to take tax losses now ahead of potential future tax increases. Berkshire no longer sees Paramount as having the right assets to be a successful entertainment company. Berkshire's main stock purchases were adding to its Liberty SiriusXM tracking stock position and Occidental Petroleum stake.

Warren Buffet's Berkshire Hathaway Sheds Apple, Paramount Stock

⏲ 0:35 👁 3.2M

Former Walmart US CEO Bill Simon warns that high-income grocery spending at Walmart may create a \

Former Walmart CEO Warns of Bubble as Inflation Drives High-Income Spenders to Grocery Giant

⏲ 0:38 👁 350K

Home Prices Dip , as Homebuyers Show , Dwindling Interest.<br/>'Newsweek' reports that home sellers <br/>have started to cut prices in an effort <br/>to attract buyers amid lagging demand.<br/>According to a recent analysis by Zillow, <br/>price reductions increased by more than 22%, <br/>reaching the highest rate in the last six years.<br/>Zillow suggests that the price cuts <br/>could indicate dwindling demand.<br/>Price cuts can be a sign <br/>of weakening demand <br/>that foretells softer <br/>price growth ahead, Skylar Olsen, chief economist of Zillow, via 'Newsweek'.<br/>Potential homebuyers may start to see <br/>a market with more options, with the <br/>supply of homes jumping 6.4% in April. .<br/>On an annual basis, the supply of <br/>properties on the market skyrocketed 18%.<br/>According to Skylar Olsen, the chief economist <br/>of Zillow, this represents the \

Home Prices Dip as Homebuyers Show Dwindling Interest

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Bluford (Blu) Putnam, former Managing Director and Chief Economist of CME Group on Benzinga's Premarket Prep. <br/><br/>- Evolving expectations for the Fed Funds Rate at the end of 2024<br/>- PCE Core Inflation VS Fed Funds Rate<br/>- Taylor Rule for the Fed Funds Rate<br/>Inflation<br/>- Wage inflation<br/>- Shelter inflation<br/>- Tariffs on China, impact on inflation

Key Inflation Data Reaction And Future Outlook - Blu Putnam

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On Thursday, Rep. Thomas Massie (R-Ky.) introduced a bill aimed at abolishing the Federal Reserve, following a poll of his followers on X, formerly Twitter. The Kentucky Republican announced the introduction of the “End the Fed” bill, officially known as the Federal Reserve Board Abolition Act, HR 8421. Massie stated, “Americans would be better off if the Federal Reserve did not exist. The Fed devalues our currency by monetizing the debt, causing inflation.”<br/>Thomas Massie

Marjorie Taylor Greene Ally Thomas Massie Introduces 'End The Fed' Bill To Abolish The US Central Bank: \

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