State of the Union: The Fed’s preferred inflation measurement has reached its highest year-over-year report in three years. The post PCE Inflation Highest Since May 2023 appeared first on The American Conservative .
The Personal Consumption Expenditure (PCE) Index rose 3.8 percent year-over-year (YOY) in April, the highest since May 2023 and up from 3.5 percent in March. Core PCE, which excludes volatile items such as food and energy, saw it rise by 3.3 percent YOY. The PCE is the Federal Reserve’s preferred measure of inflation in the broader economy, making this high reading the first signal of rising inflation in the new Fed Chair Kevin Warsh’s tenure. Investors trading on Treasury bond markets and on Federal Funds Futures currently are pricing in interest-rate hikes from the nation’s central bank of at least 0.30 percent through 2027. The high reports for the PCE follow earlier reports this month of the consumer and producer price…Open
KANSAS CITY, KS — With economic concerns still growing across the United States, one local family explained that they feel they have been hit especially hard by the price of necessities like gas, groceries, Netflix, DoorDash, Discount Wine Club, and their Pie-of-the-Month subscription, and other basic essentials.
REHOBOTH BEACH, DE — Former First Lady Dr. Jill Biden revealed in an interview that she thought her husband Joe was having a stroke during the 2024 Presidential debate, which is why she left him up on stage to die.
Michelle Thaller, PhD, is an astrophysicist, award-winning science communicator, and retired NASA executive who worked at NASA’s Goddard Space Flight Center and NASA Headquarters. Her work has appeared in documentaries, podcasts, and television programs on The Science Channel, History Channel, Discovery, National Geographic, NPR, and many other platforms.www.youtube.com/@mlthallerwww.drmichellethaller.com Learn more about your ad choices. Visit podcastchoices.com/adchoices
Sweden's parliament has unanimously voted to ban marriages between first cousins and other close relatives, sparking calls for similar laws in other Western countries.
Sweden’s parliament has unanimously voted to ban marriages between first cousins and other close relatives, sparking calls for similar laws in other Western countries. PULSE POINTS WHAT HAPPENED: Sweden’s parliament has unanimously voted to ban first cousin marriage and marriage between other close relatives. DETAIL: The new law will come into effect on July 1, 2026. The law aims to combat honor culture and honor-based violence, oppression, and social pressure, centered mainly in migration-background communities. The law not only includes an unconditional ban on cousin marriage, but also outlaws marriage to a direct descendant of a sibling, as well as half-siblings and siblings by adoption. Cousin marriages conducted abroad will…Open
Minnesota State Representative Kristin Robbins joined “National Report” to discuss the findings of a newly released report exposing how early fraud whistleblower warnings were allegedly ignored or covered up.