Fed seen more likely to cut rates in Sept after PCE data The Federal Reserve is more likely to deliver a long-awaited rate cut in September after a U.S. Commerce Department report showed inflation made a bit of progress toward the Fed's 2% goal last month ... 05/31/2024 - 11:04 am | View Link
Mortgage rates snap three-week pullback, pushing average rate on a 30-year home loan back above 7% The average rate on a 30-year mortgage moved back above 7% this week, a setback for home shoppers at a time when the U.S. housing market is already slowing under the strain of elevated home loan ... 05/30/2024 - 12:51 pm | View Link
Fed officials see inflation falling, signal no rush to cut rates By Ann Saphir and Michael S. Derby EL PASO, Texas/ NEW YORK (Reuters) -Federal Reserve policymakers continue to expect inflation to fall this year even as the labor market stays strong, leaving them ... 05/30/2024 - 11:07 am | View Link
PCE inflation report could show U.S. prices rising at slowest rate of the year Is some good news on inflation heading our way? Wall Street is banking on a slowdown in prices in a key inflation report for April on Friday that could ... 05/30/2024 - 5:14 am | View Link
US home prices to rise 5% this year, more modestly next U.S. home prices will rise a bit faster this year than previously expected due to limited available supply, according to analysts polled by Reuters, who saw affordable properties coming to market ... 05/30/2024 - 1:40 am | View Link
Days after the AI-generated image calling for “all eyes on Rafah” went viral on Instagram, dozens more posts that seem to have been created using artificial intelligence have been shared across the social media platform.
The images circulating online are a mix of pro-Israel and pro-Palestine posts, NBC News reported. Some of them imitate the original “all eyes on Rafah” image, while others are more graphic, such as one that depicts Israeli Prime Minister Benjamin Netanyahu covered in blood.
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One post is an image of a large crowd with the words “bring them home now,” referencing the Israeli hostages in Gaza.
This wave of AI-generated images comes after the “all eyes on Rafah” post has been shared more than 47 million times by Instagram users, including celebrities like Bella Hadid and Nicola Coughlan.
LAKEWOOD — Who says small ball is dead?
Cherry Creek used a five-run fourth inning highlighted by three crafty bunts as a catalyst to beat Grandview 11-9 on Friday afternoon at All-Star Park. That propelled the Bruins into the championship against Regis Jesuit, Cherry Creek’s 15th title game appearance under retiring head coach Marc Johnson.
“(Small ball) is what broke the game up,” Johnson said.
Washington — A woman who received a pig kidney transplant is back on dialysis because surgeons had to remove the gradually failing organ after just 47 days.
Lisa Pisano was the second person to receive a kidney from a gene-edited pig, and NYU Langone Health announced that she is stable after an operation to remove the organ earlier this week.
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The first patient to receive a pig kidney transplant, Richard “Rick” Slayman at Massachusetts General Hospital, died in early May, nearly two months after his transplant.
Washington — Marian Shields Robinson, the mother of Michelle Obama who moved with the first family to the White House when son-in-law Barack Obama was elected president, has died. She was 86.
Mrs. Robinson’s death was announced by Michelle Obama and other family members in a statement that said “there was and will be only one Marian Robinson.
CHICAGO — After Donald Trump’s historic guilty verdict, a steady flow of images showing upside-down American flags has appeared on social media as his supporters and right-wing commentators protest his felony conviction.
At least one such flag was spotted Friday outside Trump Tower in New York City as the Republican former president spoke about the trial.
By GREG BEACHAM (AP Sports Writer)
Mike Tyson’s fight with Jake Paul has been postponed after the 57-year-old Tyson fell ill on a flight last weekend.
Tyson and Paul said Friday that they will announce a new fight date next week. They were scheduled to meet July 20 in Arlington, Texas.
Tyson became nauseous and dizzy during the final hour of a flight from Miami to Los Angeles last Sunday, and his plane was met by first responders who attended to the former heavyweight champion.