Global Growth Forecast Is Lifted but Risks Loom, O.E.C.D. Says The global economy has proved resilient and inflation has declined, but any widening of the conflict in the Middle East could increase price pressures and dampen growth. 05/2/2024 - 7:37 am | View Link
Canada’s latest GDP figures may prompt Bank of Canada summer rate cut: Economists Canada’s quarterly gross domestic product edged up 0.2% in Febuary, according to Statistics Canada data published April 30, suggesting the Bank of Canada may have a reason to cut rates in the summer. 04/30/2024 - 9:50 am | View Link
High Fed Rates Are Not Crushing Growth. Wealthier People Help Explain Why. High rates usually pull down asset prices and hurt the housing market. Those channels are muted now, possibly making policy slower to work. 04/30/2024 - 4:31 am | View Link
US growth slowed sharply last quarter to 1.6% pace, reflecting an economy pressured by high rates The nation’s economy slowed sharply last quarter to a 1.6% annual pace in the face of high interest rates, but consumers — the main driver of economic growth — kept spending at a solid pace. 04/25/2024 - 12:31 pm | View Link
Markets fall as investors worry about low economic growth and stubborn inflation rates US stocks closed lower Thursday after the latest GDP report showed that US economic growth slowed to 1.6% in the first quarter of the year, a much weaker pace than expected. 04/25/2024 - 5:03 am | View Link
Desperate times call for desperate measures, and across Asia, communities are responding to an extreme and deadly heat wave, which has battered the region since last month and has left few options for residents and governments to cope, in creative and even superstitious ways.
One city in the Philippines has rolled out free mobile showers, while in Vietnam, municipal authorities reportedly looked into the possibility of enlisting the help of a man who claimed he could pray for precipitation.
Secretary of Defense Lloyd Austin met Thursday with his counterparts from Australia, Japan and the Philippines as the U. S. deepens ties with an emerging regional group that Pentagon officials have privately nicknamed, the “Squad.”
The quadrilateral grouping is one of a number of regional partnerships that Washington has used to push back against China’s assertiveness in Asia.
Day 10 of the Donald Trump criminal trial wrapped up today and it featured a new nickname for Trump: Don VonShitzenpants.
Ok, so here is the recap. The day started with Trump's second gag order violation hearing. This one addressed 4 new violations, but they were filed BEFORE the ruling on the first set of gag order violations, so jail is not an option.
(BRUNSWICK, Ga.) — A Pennsylvania man who credits an alligator named Wally for helping relieve his depression for nearly a decade says he is searching for the reptile after it went missing during a vacation to the coast of Georgia.
Joie Henney has thousands of social media users following his pages devoted to Wally, the cold-blooded companion that he calls his emotional support alligator.
The Metropolitan Museum of Art’s annual Costume Institute benefit, better known as the Met Gala, is widely known as fashion’s biggest night—and one of the most coveted social invites to score.
Held every year on the first Monday in May, the glitzy affair commemorates the opening of the Costume Institute’s annual exhibit, with the party’s theme often taking inspiration from the show.
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Though the black-tie event is ostensibly a fundraiser, earning money for the museum’s extensive fashion collection (which consists of over 33,000 dress and accessory objects from the past seven centuries), it’s also become a cultural touchpoint, largely due to the influence of Vogue’s editor-in-chief Anna Wintour, who has helmed the event as its chairwoman for nearly three decades, transforming the charity event into a pop culture phenomenon.
Read more: Everything You Need to Know About the 2024 Met Gala
Under Wintour’s exacting leadership, the Met Gala has become a night for celebrities, fashion insiders, art enthusiasts, and society’s most powerful and influential figures to vie for the chance to strut their sartorial stuff on the steps of the Met.