Federal Reserve Governor Michelle Bowman recently expressed concerns regarding the potential need for interest rates to move higher in order to control inflation. While her fellow officials have indicated that cuts are likely, Bowman’s stance leans towards a more aggressive approach to prevent inflation from spiraling out of control. She highlighted various upside risks to
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The surge in cocoa and coffee prices has been unprecedented, with benchmark ICE cocoa futures surpassing the $10,000 threshold for the first time. The prices have surged more than 120% so far this year, driven by adverse weather conditions and demand expectations. Citi predicts that cocoa trading will stabilize in a range between $9,000 to
Iowa’s recent victory over LSU in the Elite Eight marked a historic moment in women’s college basketball, drawing a record-breaking 12.3 million viewers. This milestone, as reported by ESPN, surpassed the previous high of 9.9 million viewers from last season’s NCAA championship game involving the same programs. Additionally, ESPN highlighted that Monday’s viewership figure was
As investors reflect on a robust first quarter for the S & P 500, many may be feeling optimistic about what lies ahead. However, according to CFRA’s Sam Stovall, it may be time to brace for a bumpy ride. Despite the impressive performance in the first quarter, with the S & P 500 recording its
The 10-year U.S. Treasury yield saw a slight increase at the beginning of the second quarter, while the 2-year yield experienced a minor decrease. This fluctuation occurred as investors analyzed the most recent U.S. inflation data. The benchmark rate was hovering around 4.208%, while the yield on the 2-year Treasury note was 2 basis points
Former President Donald Trump stirred controversy once again by sharing a disturbing video on social media where President Joe Biden was portrayed as bound and restrained in the back of a pickup truck. The video, which Trump claims was taken in Long Island, New York, shows a truck adorned with “Trump 2024” and a large
President Joe Biden recently held a star-studded fundraiser at Radio City Music Hall with former Presidents Barack Obama and Bill Clinton in attendance. The event was a high-profile affair that attracted a large number of supporters, but it was not without its share of disruptions. During the event, there were several interruptions by protesters who
The news of former Sen. Joseph I. Lieberman’s passing has left a void in the political landscape. His family announced his death at the age of 82, following complications from a fall in New York. Lieberman was surrounded by his loved ones, including his wife Hadassah, at the time of his passing. He was remembered
In the wake of a series of mid-flight technical failures and growing scrutiny from regulatory agencies, Boeing is facing a crisis that demands a strong engineering leadership to steer the company back on track. Tim Clark, the president of Emirates Airline, emphasized the significance of having engineers at the helm to prioritize safety and quality.
Donald Trump recently announced a partnership with country music star Lee Greenwood to promote a line of pricey Bibles called the “God Bless the U.S.A. Bible” on Truth Social. This move has sparked controversy and raised questions about the former president’s motives behind this business deal. In the video announcing the partnership, Trump emphasized the