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The Consumer Price Index rose 0.3% in April, slightly below economists' expectations. Inflation was 3.4% annually in April, in line with forecasts. Core inflation, which excludes volatile food and energy prices, rose 0.3% month-over-month and 3.6% year-over-year in April. Shelter costs increased 0.4% in April and were up 5.5% from a year ago. Energy prices rose 1.1% in April and were up 2.6% annually, while food prices were flat monthly. Used and new vehicle prices declined in April. Inflation remains above the Fed's 2% target, but signs of easing could allow them to pause rate hikes until more data is available in 2024.
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Jamie Dimon, the CEO of JPMorgan Chase & Co, has voiced concerns about the persistent inflationary pressures in the U.S. economy. He suggests that these pressures may lead to a prolonged period of higher interest rates than what investors anticipate.
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Melanoma is the most dangerous type of skin cancer and while survival rates have improved in recent years, late diagnosis and delays in treatment remain key challenges.
⏲ 3:0 👁 4M
New Analysis Suggests , Long-Term Effectiveness , for Wegovy Users .<br/>NBC reports that patients taking <br/>Novo Nordisk's obesity treatment maintain <br/>an average of 10% weight loss over four years.<br/>The news potentially boosts the <br/>drugmaker's push for Wegovy to be <br/>covered by insurers and governments. .<br/>The company submitted long-term <br/>findings at the European Congress <br/>on Obesity in Venice, Italy. .<br/>This is the longest study <br/>we’ve conducted so far of <br/>semaglutide for weight loss, Martin Holst Lange, Novo’s head of development, via NBC.<br/>We see that once the majority <br/>of the weight loss is accrued, <br/>you don’t go back and start <br/>to increase in weight<br/>if you stay on the drug, Martin Holst Lange, Novo’s head of development, via NBC.<br/>According to another analysis published by <br/>the drugmaker, approximately 17% of trial participants stopped using the treatment <br/>due to side effects like nausea. .<br/>The costly treatment ranges from $200 <br/>to nearly $2,000 per month in the ten <br/>countries where the drug is available.<br/>NBC reports that Novo Nordisk was the <br/>first drugmaker to market GLP-1 agonists, <br/>originally developed as a diabetes treatment, <br/>to address record high obesity rates.<br/>NBC reports that Novo Nordisk was the <br/>first drugmaker to market GLP-1 agonists, <br/>originally developed as a diabetes treatment, <br/>to address record high obesity rates.<br/>Rival Eli Lilly launched its drug <br/>Zepbound in the United States <br/>in December of 2023. .<br/>Neither drugmaker has managed <br/>to produce enough of the <br/>treatment to meet surging demand
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Britain’s unemployment rate has risen to its highest level for nearly a year as further cracks show in the jobs market, according to official figures. The Office for National Statistics (ONS) said the rate of UK unemployment rose to 4.3% in the three months to March, which is the highest since May to July last year and up from 4.2% in the previous three months.
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Home Prices Dip , as Homebuyers Show , Dwindling Interest.<br/>'Newsweek' reports that home sellers <br/>have started to cut prices in an effort <br/>to attract buyers amid lagging demand.<br/>According to a recent analysis by Zillow, <br/>price reductions increased by more than 22%, <br/>reaching the highest rate in the last six years.<br/>Zillow suggests that the price cuts <br/>could indicate dwindling demand.<br/>Price cuts can be a sign <br/>of weakening demand <br/>that foretells softer <br/>price growth ahead, Skylar Olsen, chief economist of Zillow, via 'Newsweek'.<br/>Potential homebuyers may start to see <br/>a market with more options, with the <br/>supply of homes jumping 6.4% in April. .<br/>On an annual basis, the supply of <br/>properties on the market skyrocketed 18%.<br/>According to Skylar Olsen, the chief economist <br/>of Zillow, this represents the \
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Bluford (Blu) Putnam, former Managing Director and Chief Economist of CME Group on Benzinga's Premarket Prep. <br/><br/>- Evolving expectations for the Fed Funds Rate at the end of 2024<br/>- PCE Core Inflation VS Fed Funds Rate<br/>- Taylor Rule for the Fed Funds Rate<br/>Inflation<br/>- Wage inflation<br/>- Shelter inflation<br/>- Tariffs on China, impact on inflation
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Household debt and delinquency rates increased in the first quarter, according to data from the New York Federal Reserve. Credit card balances in serious delinquency, or more than 90 days late, reached the highest level since 2012 while delinquency rates across all debt types rose. Overall household debt grew to over $17 trillion driven by rising mortgage balances, though credit card debt dipped post-holidays. Delinquency transition rates remain below Great Recession peaks but are higher than pre-pandemic levels.
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Robyn Demming from Raisin UK discusses the best deals for savers and borrowers.
⏲ 2:0 👁 335K
The Alienware 32 4K QD-OLED could be one of 2024’s best gaming monitors. It features a gorgeous 32-inch 4K OLED display that makes games look their best. On top of that, its 240Hz refresh rate and 0.03ms gray-to-gray response time will also help those games run buttery smooth. <br/><br/>In this video, we see what it can do and what it has to offer. Based on what we saw, we think it’ll be a big hit with gamers — especially those who enjoyed 2022’s Alienware 34 QD-OLED monitor. If you’re a PC or console gamer, this is a monitor to keep an eye on.
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What If (2024) ep 11 chinese drama eng sub
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The former champ was nominated for the documentary of his boxing life, but had some thoughts on the sport's current stars. Report by Nelsonj. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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