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Forbes Chairman and editor-in-chief Steve Forbes warns over U.S. prices going up amid global tariff tensions and weighs in on Federal Reserve leadership. The Federal Reserve’s preferred inflation gauge showed that price growth slowed in March, with inflation trending closer to the central bank’s target rate. The Commerce Department on Wednesday reported that the personal consumption expenditures (PCE) index was flat compared with the prior month and grew 2.3% on an annual basis. Those figures were largely in line with the estimates of economists polled by LSEG, which predicted flat monthly price growth and annual inflation to be 2.2%.Core PCE, which…
The U.S. government denied “eavesdropping” on UnitedHealthcare CEO murder suspect Luigi Mangione’s recorded jailhouse calls in a Monday court filing after his defense attorneys claimed federal officials shared his calls with the New York County Attorney’s Office (DANY).Mangione’s New York-based defense attorney, Karen Friedman Agnifilo, said during Mangione’s Friday arraignment that one of his jailhouse calls with her was recorded and “eavesdropped on” by a member of the DANY’s team, noting that the DANY office informed her that one person listened to the call. “To be sure, no one at DANY or the Government ‘eavesdropped’ on the defendant on a live…
NEWYou can now listen to Fox News articles! Michael Bolton refuses to go down without a fight.Over the past year and a half, the two-time Grammy Award winner has been battling glioblastoma, a rare and aggressive form of brain cancer, People magazine reported Wednesday in a cover story. The singer was diagnosed with glioblastoma in December 2023 after undergoing emergency surgery.According to the outlet, the 72-year-old’s short-term memory, speech and mobility have been impacted by his treatment. The outlet reported that Bolton “has purposely not been given a prognosis.” Still, he’s optimistic.MICHAEL BOLTON SHARES NEW FAMILY PHOTO AMID BRAIN TUMOR…
Police in New York City are investigating a shooting in Times Square, a gun-free zone, on Wednesday morning that left one man injured.Police say they received a 911 call for shots fired at 4:49 a.m. at 47th and 7th Ave. A 29-year-old male was shot in the right arm, and he was transported to Bellevue Hospital conscious and alert. Police have yet to establish a motive for the incident.The shooting took place after a group of young people got into an argument with a food vendor who was busy setting up for the morning rush. Witnesses told police the group…
Europe’s economy grew more strongly in the first three months of the year, only to see hopes for an ongoing recovery quickly squelched by US President Donald Trump’s trade war. Gross domestic product in the 20 countries that use the euro grew 0.4% in the first quarter, improving on 0.2% growth in the last part of 2024, according to official figures released Wednesday. But on April 2, just two days after the end of the quarter, Trump announced an onslaught of new tariffs on almost every US trading partner and hit goods imported from the European Union with a 20%…
CNN — Imagine your dad was a bully. If so, when you were a child, he might have withheld affection and warmth and been quick to be critical if things didn’t go his way. As an adult, you would find yourself being a people pleaser with the men in your life –– afraid to be rejected and emotionally abandoned. The hurt as a child and the impacts carried into adulthood are a good example of when it might be time for some reparenting, said Nicole Johnson, a licensed professional counselor in Boise, Idaho. “So many of us are walking around…
Hong Kong CNN — China’s factory activity contracted at its fastest pace in 16 months in April, as steep US tariffs took a heavy toll on the manufacturing sector, adding urgency to Beijing’s efforts to roll out fresh economic stimulus. The manufacturing Purchasing Managers’ Index (PMI) fell to 49.0 in April, the weakest reading since December 2023, according to data released by the National Bureau of Statistics (NBS) on Wednesday. A reading below 50 signals a contraction. Zhao Qinghe, a senior statistician at the NBS, said in a statement that the contraction in factory activity was due to “sharp changes…
NEWYou can now listen to Fox News articles! Cleveland Browns quarterback Shedeur Sanders was not the only NFL Draft prospect to have his hopes of playing professional football toyed with this weekend after several players claimed to have been inundated with prank calls while awaiting the real deal. Penn State tight end Tyler Warren, who was drafted by the Indianapolis Colts with the 14th overall pick, received a prank call on the first night of the draft when the New York Jets were on the clock with the No. 7 pick, FOX Sports’ Jordan Schultz reported, citing sources. Penn State Nittany Lions tight…
CNN — The body of a young Ukrainian woman who died in Russian captivity after being held incommunicado for months was returned to Ukraine showing signs of torture, Ukrainian prosecutors have said. Kyiv said the remains of journalist Victoria Roshchyna, who went missing during a reporting trip, were returned as part of a body exchange between Ukraine and Russia in February. Yuriy Belousov, who heads the war crimes department at the Ukrainian Prosecutor General’s Office, said that forensic examination found “numerous signs of torture and ill-treatment… including abrasions and hemorrhages on various parts of the body, a broken rib and…
CNN — A rising share of Americans say that President Donald Trump’s deportation policies have gone too far, a new CNN poll conducted by SSRS finds. Just over half, 52%, say Trump has gone too far in deporting undocumented immigrants, up from 45% in February. A similar 52% now say that Trump’s immigration policies have not made the US safer. And most, 57%, say that they do not believe the federal government is being careful in following the law while carrying out deportations. Trump’s numbers on immigration remain stronger than his approval rating overall or on the economy – a…