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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.

Consumer Price Index Rises 0.3% in April, Slightly Below Expectations

⏲ 0:48 👁 840K

Corporation staff engaged in demolition

निगम का अमला तोड़फोड़ में जुटा

⏲ 2:19 👁 615K

Red Lobster has filed for Chapter 11 bankruptcy protection after closing over 50 locations across more than 20 states. The seafood chain has been struggling with rising lease and labor costs in recent years and promotions like its iconic all-you-can-eat shrimp deal that resulted in millions in losses due to overwhelming demand. Red Lobster CEO Jonathan Tibus, a corporate restructuring specialist, took over in March as the company sought bankruptcy protection. Thai Union Group, a minority investor and one of the world's largest seafood suppliers, announced plans earlier this year to exit its investment in Red Lobster due to the impacts of the pandemic and industry headwinds.

Red Lobster Files for Chapter 11 Bankruptcy as Pandemic and Industry Challenges Impact Iconic Seafood Chain

⏲ 0:42 👁 550K

China’s Long March 4C rocket launched the Yaogan-34 04 satellite from the Jiuquan Satellite Launch Center.<br/>The rocket sheds insulation tiles during launch, a normal occurrence. <br/><br/>Credit: Space.com | footage courtesy: China Central Television (CCTV) | edited by Steve Spaleta

Drone Footage Of Chinese Rocket Launched A Yaogan-34 Satellite

⏲ 1:19 👁 675K

Florida Governor Ron DeSantis signed a bill making climate change a lesser state priority in Florida. The bill removes the word \

Florida Governor DeSantis Signs Bill Removing 'Climate' from State Statutes and Boosting Natural Gas

⏲ 0:41 👁 930K

The initial reaction to the budget has centred on the electricity bill rebate. However, a more significant political discussion is anticipated regarding the government's strategy to reshape the Australian economy for a net-zero future. ABC's political lead, David Speers, will delve into these plans and the broader implications for the nation's economic and environmental policies.

Budget reaction focus on energy: rebates, net zero and environmental policies

⏲ 1:4 👁 12.3M

More electricity black-outs could be on the cards next summer for people in south-eastern Australia. The national energy market operator is warning of an increased risk of supply shortages in New South Wales and Victoria.

Energy market operator AEMO says there may be more electricity black-outs next summer

⏲ 1:35 👁 1.8M

Tanner Adell stopped by the Genius office to discuss her hit song “Buckle Bunny.” Named as one of the Best Songs of the Year (2023) by NPR the hot track is also the title track of her debut album Buckle Bunny.Produced by Leelee, Cambo, and LOUALLDAY, the record showcases Adell’s unique style and vibrant energy. Fresh off her feature on Cowboy Carter, the self-proclaimed “Buckle Bunny” dives into the infectious tune, the inspiration behind the record, her admiration for Beyoncé, and the excitement of working with her idol on today’s episode of Verified.

⏲ 7:27 👁 10.8M

With many of us now working from home for at least part of the week, we highlight the simple steps you can follow to save money when working from home and save around £300

Cut Working From Home Costs

⏲ 3:52 👁 2.1M

Warning letters are on the way to hundreds of drivers after being caught on camera using Preston’s latest bus-only stretch of road on its first day in operation.

Cameras installed at Preston's new bus gate on Corporation Street

⏲ 2:7 👁 360K

Suspicious bottles were initially seen in the background of a PRIME promotional shoot featuring KSI, Logan Pauland ishowspeed. But is this a new flavor or new bottles? Well sctually it looks like it's a treasure hunt involving something new called PRIME X, and we have the details

We Found PRIME's $1,000,000 Secret!

⏲ 0:31 👁 1.1M

Multi-awarded performer Gary Valenciano gave fans <br/> A Night of Pure Energy, serenading them with his music through the years. The concert, a celebration with Grab and MoveIt partners, was one of his last biggest shows.<br/><br/>Esquire Philippines gives you a look back at Gary V’s exclusive concert.

Gary V: A Night of Pure Energy

⏲ 1:8 👁 7.8M

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