While services inflation began to moderate and rent prices rose at a slower pace, "inflation still remains too hot for the Fed's liking," according to senior economist at Wells Fargo in Charlotte, North Carolina Sarah House.
The Chinese yuan has surpassed the U.S. dollar in trading volume on the Moscow Exchange due to Russia moving away from transacting in the currencies of "unfriendly" countries amidst sanctions.
Last Thursday, Representatives Justin Jones, Justin J. Pearson, and Gloria Johnson chanted "No action, no peace" on the House floor during legislative proceedings, forcing them to halt.
Germany's Health Minister, Karl Lauterbach, declared that the COVID-19 pandemic is over in Germany, citing virus variants, vaccination rates, and hospital cases as evidence for his assessment.
A Keene State College student named Allan Poller has been charged with transmitting a threat to injure the person of another in interstate commerce for threatening to kill Rep. Matt Gaetz of Florida.
Last week, 25 of the largest banks in the United States recorded a $90 billion outflow of deposits after initially seeing an increase in deposits following the collapse of Silicon Valley Bank (SVB).
CDC investigators studying the health impacts of the Ohio train derailment fell ill with symptoms such as sore throat, headache, coughing, and nausea, raising concerns about the safety of the air and drinking water in the area.
