The Fed’s Favorite Inflation Metric Just Hit 3%—Cooling Urgency for Rate Hike
A key inflation gauge closely tracked by the Federal Reserve cooled more than anticipated last month even as consumer spending rose, casting doubt on further interest rate hikes this year. The core Personal Consumption Expenditures (PCE) index, which strips out volatile food and energy prices, ros
World Cup Delivered $2 Billion Economic Boost to New York City—and a Win for STRs
The 2026 FIFA World Cup delivered an estimated $2 billion economic boost to New York City this summer, as more than $1 billion in visitor spending flowed into hotels, restaurants, shops, and other businesses across the five boroughs. Mayor Zohran Mamdani announced the figure Wednesday, offering the
Chris Brown Granted New Trial in $13 Million Lawsuit After Housekeeper Was Mauled by His Dog at His California Home
Chris Brown has been granted another trial after a jury ordered him to pay $12.9 million in damages to his former housekeeper, Maria Avila, after she was attacked by his dog while at his $6 million California home. Avila was brutally attacked by his 200-pound Caucasian shepherd guard dog, Hades, at
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