US Inflation Expected to Slow Further as Labor Pool Expands
US inflation is down from a four-decade high as the labor force grows. Economists are optimistic about the potential for a ‘soft landing’ and reduced pressure on wages and labor costs.
Time For Powell To Take Control
The Federal Reserve needs to regain control of the equity market and address rising inflation expectations. Investors are looking to the Fed for guidance and action, as the central bank’s ability to manage inflation and stabilize the equity market is crucial for restoring confidence and sustaining economic growth.
Portland residents file lawsuit against Boeing and Alaska Airlines for discrimination
Three Portland residents have filed a lawsuit against Boeing and Alaska Airlines after being denied access to an Alaska Airlines flight 1282. The passengers were denied boarding on the flight from Portland to Los Angeles in 2020. The lawsuit alleges that the passengers were wrongfully denied boarding due to their race and gender, sparking controversy and raising concerns about discrimination and bias in the airline industry. The plaintiffs are seeking compensation for the emotional distress and financial loss they experienced as a result of being denied boarding.
Market Volatility Expected with Central Bank Decisions and U.S. Jobs Report
This week’s potential market volatility is driven by high-impact events from central bank decisions to the all-important U.S. jobs report. Key catalysts to watch include the U.S. ISM Services PMI, Bank of Canada and Fed announcements, and the European Central Bank decision.
Economist Daniel Lacalle Voices Concerns About Future of US Dollar
Economist Daniel Lacalle expresses concerns about the future of the US dollar, attributing it to unsustainable fiscal policies and the alarming increase in national debt. Lacalle challenges the perception of recovery, pointing out the diminishing purchasing power of salaries and the increasing financial strain on American families. He takes aim at Modern Monetary Theory, warning of its practical application’s grave dangers. Despite Bitcoin’s remarkable price surge, Lacalle argues that the erosion of confidence in the US government’s fiscal and monetary policies poses a far greater risk to the dollar’s status as the world’s reserve currency.
Breaking News: Shakib Al Hasan Encourages Support for Local Products
Renowned cricketer Shakib Al Hasan urges people to prioritize spending on local products to support the local economy. Stay informed with the latest breaking news and updates from The Business Standard.
Ralph’s Famous Italian Ices Opens for the Season in the East Village
Ralph’s Famous Italian Ices has opened for the season in the East Village, signaling the arrival of warmer weather. With a forecast of 63 degrees and sunny, it’s clear that spring is on its way. EV Grieve provides updates and events for the East Village, fostering community engagement. The local community is gearing up for the change in season, and residents and visitors can look forward to enjoying all that the East Village has to offer.
Bpost Reports 10.8% Decrease in Full-Year Operating Profit for 2023
Bpost, the Belgian postal operator, has reported a 10.8% decrease in its full-year operating profit for 2023, with adjusted EBIT reaching 248.5 million euros. Despite challenges in finalizing agreements with government services, the company has proposed a dividend of 0.13 euro per share, signaling a commitment to shareholder returns. Bpost’s resilience and strategic focus position it to address the challenges and opportunities that lie ahead in the evolving landscape of postal and logistic services.
Shiba Budz (BUDZ) Surges 328% as Meme Coin Sector Continues to Thrive
The cryptocurrency market has once again proven to be a lucrative playing field for investors, with remarkable profits witnessed in the meme coin sector. Dogecoin (DOGE) has yielded a respectable 61% profit, maintaining its position as a favorite among investors due to its established community, viral marketing campaigns, and increased adoption in various sectors. On the other hand, an emerging rival, Shiba Budz (BUDZ), has surged by an impressive 328%, drawing attention with its innovative approach to integrating blockchain technology with gaming, De-Fi, and NFTs. Shiba Budz (BUDZ) differentiates itself with the TreeHouse Wallet and TreeHouse Gaming platform, creating an immersive ecosystem where players can earn BUDZ through gameplay and contributions. This play-to-earn model has attracted gamers and investors alike, offering a new way to engage with cryptocurrency.
Armand ‘Mondo’ Duplantis Defends World Indoor Pole Vault Title in Glasgow
Sweden’s Armand ‘Mondo’ Duplantis defended his world indoor pole vault title in Glasgow, clearing a height of 6.05 meters. Despite an early setback, Duplantis showcased his skill and experience to secure victory, narrowly missing out on breaking his own world record. American Sam Kendricks claimed silver, while Greece’s Emmanouil Karalis took home the bronze.