Inflation gauge shows price pressures easing in May
The Commerce Department reports flat consumer prices from April to May the mildest rise in over four years while annual inflation stands at 2.6 percent core prices up 0.1 percent as services costs climb 0.2 percent. Gasoline and furniture drop, while restaurant meals and airline fares push services higher. Fed officials seek sustainable slowdown toward 2 percent before rate cuts, which could begin as early as September if the trend continues.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
U.S
Commerce Department
Fed
Olu Sonda
U.S. Economic Research
Fitch Ratings
Mayfield
Quincy Krosby
LPL Financial
Stocks Slip as S&P 500 Ends 3-Week Rise
Wall Street stocks fell Friday ending a three week run for the S&P 500 with a 0.4 percent drop. The Nasdaq and Dow declined 0.7 percent and 0.1 percent respectively as big tech weighed on the market. Investors cited profit taking and portfolio rebalancing near all time highs amid easing inflation signals and potential Fed rate cuts.
MENTIONED IN THIS ARTICLE
Wall Street
Apple
Microsoft
Ross Mayfield
Baird
Buffett to end Gates Foundation gifts after death
Warren Buffett announces a new will plan to distribute his Berkshire stock after death with his three children as unanimous decision makers. He says no further Gates Foundation gifts will occur and notes eight billion people deserve help. Gates Foundation CEO Mark Suzman thanks Buffett for 18 years of support totaling about 43 billion dollars.
MENTIONED IN THIS ARTICLE
Omaha
Neb
Warren Buffett
Bill & Melinda Gates Foundation
Buffett
Wall Street Journal
Berkshire Hathaway
Associated Press
Gates Foundation
Bill Gates
Melinda French Gates
French Gates
Berkshire
Foundations
The
Journal
Mark Suzman
Microsoft
Nebraska
Also Mentioned on This Page
Paul Wiseman
Joe Biden
Donald Trump
Biden
Indian River Direct
Elliott Pecans
Lorain Big Lots
Tower Blvd
Elyria
Cleveland St
Bere Wed
Cuyahoga Couny Fair
East Bagley Rd
Norto Fri
Charger Lanes
Norton Ave
Imedin Fri
PLAZA
Medina Rd
Indianriverdirect.com
the Market IN Review
S&p 500
Dow Industrials
Dow Transportation
Dow Utilities
NYSE
Nasdaq
S&p
Wilshire
Russell
Naspanq
Nvidias
CalciMed
Elicio
NY Cityb
AlphTau
PainThr
Transoen
Euda Hlth
Tesla
Agenus Rs
Riviaaua
Nikeb
Apple Inc
RebornCoff
DigiAsian
Siriusxm
Cigistha Chg Song Asml Hid
Keycorp
AbbottLab
Linde
AbbVie
Lockholm
Accenture
Lowes
Adobelne
LumenTch
AMD
MasterCrd
Alibaba
McDalds
Merck
Amazon
AmExp
MorgStan
Amgen
Netflix
NiSource
Nordson
ApriMatl AstraZen
Northropg Avient
Novartis
BkofAm
NovoNortis
Berkh B
Caterpillar
Oracle
Cedarf
PNC
Chevron
ParkerHan
Coca Cola
PepsiCo
Costco
Pfizer
Danaher
ProdtGam
Darden
Qualcom
DiebldNix
RPM
EmersonEl
Shell PLC
ExxonMbl
Shrwin
FifthThird
Smucker
FirstEngy
T-Mobileus
FEMSA
Taiwiemi
Fordm
GE Aero
Texinst
Hdfc Bk
ThermoFis
HSBC
Toyota
HomeDp
Honwillnil
US Steel
HuntBnesh
UtdhithGp
IBM
VerizonCm
Intuit
Visa
IntSurg
WalMarts
Jpmorgch
WellsFargo
JohnJn
Wendys Co
NYMX
CME
New York Mercantile Exchange
Chicago Board of Trade
Chicago Mercantile
ICE
Intercontinental Exchange
AmrenBalAm
FdmdlInvsAm
Grfamrca m
Incamrca m
Invcamrca m
NwPrspctvAm
Wamtinvsam
Dodge & Cox Incl
Dodge & Cox
Fidelity
Fidelity BC
Fidelity Group
Schwab Sp500idx
Vanguard 500IdxAdmil
Vanguard
Vanguard EqIncAdmrl
Vanguard Intrteadmrl
Vanguard InsidxIns_ x
Vanguard InsidxInsPlus
Vanguard MdCpldxAdmrl
Vanguard PrmCpAdmrl
Vanguard WingtnAdmrl
Doe
SEC