AllSides Balanced Search reveals information and ideas from all sides of the political spectrum so you can get the full picture.
May 15 2024
News
US Consumer Inflation Eases Slightly To 3.4 Percent In April: Govt
US consumer inflation eased slightly last month, according to US government data published Wednesday, marking its first annual slowdown since January.
The annual consumer price index (CPI) came in at 3.4 percent in April, down 0.1 percentage point from March, the Labor Department said in a statement. This was in line with the median forecast of economists surveyed by Dow Jones Newswires
Barron'sMay 15 2024
News
Restaurants are collapsing as regulations and inflation crush owners
Restaurant owners in California are collapsing under the weight of costly regulations in the state and widespread inflation, the Los Angeles Times reported Wednesday. A number of California’s most popular restaurants have had to close their doors so far this year, such as award-winning Manzkes’ Bicyclette and Patrick’s Roadhouse, according to the L.A. Times. Struggling restaurants could be due
WNDMay 15 2024
News
Inflation improved slightly in April, with timing for rate cuts still uncertain
Inflation showed some signs of improvement in April, as policymakers grapple with whether their fight against abnormally high price growth is losing ground.
Data released Wednesday from the Bureau of Labor Statistics showed prices rose 3.4 percent in April, compared with the year before. That’s down a bit from the 3.5 percent notched in March, and follows months of hotter-than-expected
Washington PostMay 15 2024
News
Inflation fell in April for second time in 2024 in welcome news for Fed
Inflation fell to 3.4% for the year ending in April, the Bureau of Labor Statistics reported Wednesday in an update to the consumer price index. The decline in inflation is a welcome development as the Federal Reserve as considers when it will begin cutting interest rates. It is also helpful for President Joe Biden. The White House has been emphasizing any positive inflation data alongside the
Washington ExaminerMay 14 2024
News
Soaring Rent Stymies Fed's Inflation Fight
Soaring rent is keeping the Federal Reserve from its promise, first made in January, to cut interest rates, the New York Post reports. While two of the three categories that make up core inflation — goods and non-housing services — are in a holding pattern after ticking down — housing has remained stubbornly high. Economists say that for inflation to tamp back down to 2%, the inflation rate on
Newsmax (News)Sep 19 2023
News
UK Inflation Drops Slightly To 6.7% In August: Data
Britain's inflation rate eased in August, official data showed Wednesday on the eve of an expected Bank of England interest rate hike to tackle elevated consumer prices.
The Consumer Prices Index rose by 6.7 percent last month from 6.8 percent in July, the Office for National Statistics (ONS) said in a statement.
Barron'sNov 13 2023
News
Boeing Shares Lift Dow Industrials, With Inflation Data Looming
Boeing’s stock rose 4% after the company received an order for 95 aircraft. Given a lift by Boeing, the Dow Jones Industrial Average rose 0.2%, or roughly 55 points. The S&P 500 slipped 0.1%, while the tech-heavy Nasdaq Composite fell 0.2%. Boeing climbed 4% after Dubai-based Emirates Airline said it would buy 95 aircraft from the jet maker. Investors were also watching closely to see if
Wall Street Journal (News)