Target Is Lowering Prices , of 5,000 Items.
On May 20, the retailer said it's
cutting prices on common goods to
help people save money, NPR reports.
.
Items like "milk, meat, bread, soda, fresh fruit and vegetables, snacks, yogurt, peanut butter, coffee, diapers, paper towels, pet food and more" will see price reductions, Target said.
We know consumers are feeling
pressured to make the most of
their budget, and Target is here
to help them save more.
, Executive Vice President Rick Gomez, via statement.
1,500 items have already seen price cuts,
and more cuts will be made over the summer.
Examples of lower prices in some areas include Thomas' Plain Bagels dropping from $4.19 to $3.79.
Clorox Scented Wipes dropping from $5.79 to $4.99 .
And Good & Gather Unsalted Butter
dropping from $3.99 to $3.79.
In March, the personal consumption expenditures (PCE) price index was
up 2.7% year-over-year, NPR reports.
In a recent announcement, Brigadier General Yahya Saree, spokesperson for the Yemeni Armed Forces (YAF), disclosed that Yemeni forces successfully executed three operations targeting American and Israeli-affiliated ships in the Arabian Sea and the Gulf of Aden, achieving direct hits. The Maersk Sentosa, an American vessel in the Arabian Sea, was struck in a joint operation involving naval and missile forces. Multiple ballistic missiles and drones were employed, resulting in direct hits.
#Houthis #Yemen #GulfOfAden #ArabianSea #USShips #IsraeliShips #MaritimeAttack #MiddleEastConflict #BallisticMissiles #Drones #YemeniForces #NavalWarfare #Geopolitics #RegionalTensions #MilitaryOperation
In a significant escalation of regional hostilities, Yemeni Armed Forces and Iraq’s Islamic Resistance have executed a joint military operation targeting the city of Umm Rashrash, also known as Eilat, in the southern part of the occupied Palestinian territories. This operation, announced in a statement on Monday, marks a coordinated effort between the two groups to strike at vital Israeli targets in support of the Palestinian cause. According to the statement from Yemen’s Armed Forces, the joint operation successfully attacked a "vital target" in Eilat using several drones. The forces emphasised that the attack "achieved its objectives," underscoring the precision and coordination involved in this mission. The statement clarified that this operation was conducted "in support of the oppressed Palestinian people and their fighters, and in response to the massacres committed by the Zionist enemy against the Palestinian people in the Gaza Strip."
#EilatUnderFire #YemeniForces #IraqiResistance #MissileAttack #IsraeliTarget #MiddleEastConflict #IsraelAttack #EilatPortAttack #EilatPortDroneAttack #MilitaryOperations #RegionalTensions #PalestinianSupport #DisruptingSupplyChains #EscalatingConflict #InternationalConcerns #ArabianSeaIncident #RedSeaAttack #MediterraneanStrike
Israeli airstrikes have intensified tensions along the Lebanon-Israel border, claiming the lives of three Hezbollah fighters in a drone strike on a southern Lebanese village. Lebanese military sources report severe damage to homes amid ongoing hostilities. Stay updated on the latest developments.
#Israel #Hezbollah #LebanonConflict #MiddleEastNews #IsraeliAirstrike #IsraelHamasWar #IDFvsHEZBOLLAH #Oneindia
~PR.274~HT.101~HT.125~HT.318~
In a significant escalation of hostilities, Ukrainian drones have reportedly targeted Russian vessels in the Sea of Azov, signalling Kyiv's intention to expand its military operations beyond the Black Sea. The move comes amid ongoing conflict initiated by President Vladimir Putin, with Kyiv delivering strategic strikes on ships and infrastructure belonging to Russia's Black Sea Fleet.
#Putin #SeaOfAzov #UkrainianDrones #RussianVessels #BlackSeaFleet #UkraineConflict #RussiaUkraineWar #MilitaryStrike #NavalWarfare #GeopoliticalTensions #WarInUkraine #UAVAttack #MaritimeConflict #BreakingNews #WarUpdates
~HT.97~PR.152~ED.194~
Eknath Shinde, the chief minister of Maharashtra, discusses the BJP's goal of 400 seats. The exclusive goal set by Indian Prime Minister Narendra Modi was for the BJP to win 370 seats and the NDA to win 400 seats. With the conclusion of the six phases of the Lok Sabha Elections, the chief minister of Maharashtra discusses this vision and the state's contribution to the enormous ambition.
Watch This Exclusive Interview on Only Oneindia English.
#eknathshinde #loksabhaelection2024 #eknathshindelive #eknathshindenews #eknathshindecm #eknathshindepress #eknathshindepresslive #maharashtranews #Oneindia #Oneindianews
~PR.320~ED.102~GR.121~HT.96~
Supreme Court Rules That , Some Jan. 6 Defendants, Were Improperly Charged.
NPR reports that the United States Supreme Court voted to limit which defendants accused of taking part in the Jan. 6 Capitol riot can be charged by federal prosecutors.
The decision also casts doubt on two out of
the four felony counts in former President
Donald Trump's election subversion indictment.
According to conservative Chief Justice John Roberts,
the court ruled that the U.S. government must prove , “that the defendant impaired the availability or integrity
for use in an official proceeding of records, documents,
objects, or other things used in an official proceeding.”.
NPR reports that prosecutors relied
on a key criminal statute to prosecute
over 350 participants of the Capitol riot.
The statute makes it a crime to alter or
destroy official documents, or to otherwise
obstruct or impede official proceedings.
Roberts wrote that the statute was
not meant to broaden the meaning of
the law to make it a catchall provision. .
The decision will impact other cases related
to Jan. 6, many of which will have to be
resentenced, retried or defendants will be released. .
NYU law professor Ryan Goodman authored
a study that found only 346 of the 1,417 people
charged in connection with the Capitol riot
were charged under the obstruction statute.
The study also found that 71 people are still
awaiting trial on the obstruction charge, but over
half of them are also charged with another felony.
NPR points out that if found guilty of other felony charges,
the sentencing judge is still allowed to use the charge of
obstruction to determine the length of their sentence.
Credit: Wibbitz Top Stories Duration: 01:31Published
Supreme Court Rules , Against SEC's Authority, to Impose Fines.
NPR reports that the United States Supreme Court
recently voted 6-3 against the Securities and
Exchange Commission's policy on fraudulent conduct. .
NPR reports that the United States Supreme Court
recently voted 6-3 against the Securities and
Exchange Commission's policy on fraudulent conduct. .
Chief Justice John Roberts, writing for the court's
conservative majority, said the current rules deprive accused
transgressors of their constitutional right to a jury trial. .
Chief Justice John Roberts, writing for the court's
conservative majority, said the current rules deprive accused
transgressors of their constitutional right to a jury trial. .
The SEC relies on administrative
law judges (ALJ) to make legal conclusions
in cases brought before the agency.
The Supreme Court's decision has the potential
to send ripples through dozens of agencies,
from labor rights to energy regulation.
The Court did exclude from its decision those
agencies dealing with federal benefits, while some
conservative justices wanted the ruling to go further.
The three liberal justices
in dissent blasted the
decision by the majority. .
The case was brought by a former conservative
radio host and hedge fund manager, George Jarkesy,
following an SEC fraud investigation.
The case was brought by a former conservative
radio host and hedge fund manager, George Jarkesy,
following an SEC fraud investigation.
An in-house evidentiary hearing fined Jarkesy $300,000,
ordered him to pay back almost $700,000 in ill-gotten
profits and barred him from the securities industry.
Jarkesy argued that he was entitled to a jury trial
held in a federal court and that Congress lacked
the power to delegate such authority to the SEC.
NPR reports that Jarkesy's case was supported
by a number of conservative and business groups, and individuals such as Elon Musk.
NPR reports that Jarkesy's case was supported
by a number of conservative and business groups, and individuals such as Elon Musk
Credit: Wibbitz Top Stories Duration: 01:31Published
Amazon Reaches $2 Trillion , in Stock Market Value.
On June 26, Amazon became the 5th American company to join the $2 trillion club, NPR reports. .
Amazon shares ended the day up nearly 4%, giving the company a $2.01 trillion stock market valuation. .
Within the past year,
Amazon's stock has gained 52%.
Part of that gain can be attributed
to investors' enthusiasm about the
company's AI endeavors, NPR reports. .
A big part of the valuation boost has
been cloud and AI. Amazon is going to
be a major player in the AI revolution, Dan Ives, Wedbush tech analyst, via NPR.
Amazon currently has a chatbot called Q, which businesses that use AWS have access to. .
Amazon currently has a chatbot called Q, which businesses that use AWS have access to. .
Amazon CEO Andy Jassy recently said that
AI has rejuvenated the growth of AWS.
The cloud computing unit is reportedly on pace to bring in $100 billion in annual revenue.
Amazon recently invested in Anthropic, a California
AI company, "to develop so-called foundation models
that underpin generative AI systems," NPR reports. .
Amazon also makes its own AI chips.
The other four U.S. companies that
belong to the $2 trillion club are
Google, Microsoft, Apple and Nvidia. .
The other four U.S. companies that
belong to the $2 trillion club are
Google, Microsoft, Apple and Nvidia. .
The other four U.S. companies that
belong to the $2 trillion club are
Google, Microsoft, Apple and Nvidia. .
The other four U.S. companies that
belong to the $2 trillion club are
Google, Microsoft, Apple and Nvidia.
Credit: Wibbitz Top Stories Duration: 01:30Published
Border Arrests Fall Over 40% , Since Biden Suspended Asylum Processing.
The Homeland Security Department made the announcement on June 26, NPR reports. .
Average daily arrests that the
Border Patrol has made over a week-long period have dropped below 2,400.
That is a decrease of over 40% from before the president's proclamation went into effect on June 5.
That is a decrease of over 40% from before the president's proclamation went into effect on June 5.
However, arrests need to drop to the
1,500 mark before asylum processing can resume.
Still, the current data marks the lowest number
of arrests since Jan. 17, 2021, NPR reports. .
Last week, President Biden touted a 25% decrease
in border arrests since the order took effect, .
which means they've
dropped a lot more since then.
Homeland Security Secretary Alejandro Mayorkas has called the executive order a "tremendous success.".
We indeed have seen a tremendous
success early on, and I should emphasize
that it is early on in our implementation
of the president’s proclamation and
our accompanying regulation, Alejandro Mayorkas, to CNN.
Mayorkas will address border enforcement
efforts in Tuscon, Arizona, on June 26.
The area has served as "the busiest corridor for illegal crossings" recently, NPR reports.
Credit: Wibbitz Top Stories Duration: 01:31Published
Upcoming Presidential Debate , Between Biden and Trump, Breaks With Tradition.
Upcoming Presidential Debate , Between Biden and Trump, Breaks With Tradition.
On June 27, President Joe Biden and former
President Donald Trump will meet in the
first presidential debate of 2024 in Atlanta.
On June 27, President Joe Biden and former
President Donald Trump will meet in the
first presidential debate of 2024 in Atlanta.
NPR reports that the debate marks the beginning of
a new phase in the presidential election, with less
than five months until Election Day on November 5.
According to the latest NPR/PBS News/Marist polls,
Biden and Trump are nearly tied following a month-long
trend of national surveys with the same results.
According to the latest NPR/PBS News/Marist polls,
Biden and Trump are nearly tied following a month-long
trend of national surveys with the same results.
Breaking with campaign tradition, the debate comes
months earlier than usual, following a set of rules
agreed to by candidates and without a live audience.
The event is scheduled to start at 9 p.m. ET
and is expected to run for 90 minutes.
CNN's Jake Tapper and Dana Bash will
moderate the event, which will take
place at the network's Atlanta studio.
CNN's Jake Tapper and Dana Bash will
moderate the event, which will take
place at the network's Atlanta studio.
The presidential debate will also be available
on CNN and the Max streaming platform. .
The presidential debate will also be available
on CNN and the Max streaming platform. .
NPR reports that presidential debates
have traditionally occurred in front of a live
audience and are coordinated by the bipartisan
Commission on Presidential Debates (CPD).
However, both Biden and Trump have said they
will not participate in the CPD's planned debates,
pushing for earlier face offs ahead of the election.
However, both Biden and Trump have said they
will not participate in the CPD's planned debates,
pushing for earlier face offs ahead of the election.
The second debate is scheduled
for September and will be
hosted by ABC News
Credit: Wibbitz Top Stories Duration: 01:31Published
New US Home Construction , Sinks to Slowest Pace in 4 Years.
Government data released on June 20 indicates that new home construction in America dropped in May to the slowest pace since June 2020, Yahoo Finance reports. .
Housing starts dropped 5.5%,
and building permits dipped 3.8%.
Home completions also fell to the lowest amount since September 2022.
High interest rates, set by the Fed to help tame inflation, have resulted in high mortgage rates.
But recent data has suggested that inflation has started to cool, which may give the Fed the confidence it needs to lower rates.
The weakest U.S. housing starts
since the pandemic-led shutdowns
are fairly convincing evidence of
restrictive monetary policy. , Sal Guatieri, senior economist at BMO Capital Markets, via note.
While a growing population and
workforce are providing some support,
US home builders won’t become
busier until borrowing costs fall, Sal Guatieri, senior economist at BMO Capital Markets, via note.
Meanwhile, other data released on June 20 showed that first-time applications for unemployment benefits dropped last week.
However, continuing claims rose
for a seventh consecutive week
Credit: Wibbitz Top Stories Duration: 01:30Published
Mortgage Rates Continue , to Fall, Raising Hopes of the , Fed Cutting Rates.
ABC reports that borrowing costs for
home loans continued to ease this week,
with the average rate on a 30-year mortgage
falling to its lowest level since April.
According to mortgage buyer
Freddie Mac, the rate fell from
6.95% to 6.87% last week. .
That figure is still significantly higher than
what the rate was during the same time last year,
which was at an average of 6.67%. .
15-year fixed-rate mortgages
also eased, falling from
6.17% last week to 6.13%. .
During the same time last year,
the average rate was at 6.03%.
Those higher rates can add hundreds of dollars
to monthly costs for borrowers, which limits the
purchasing options of potential homebuyers.
Mortgage rates fell for
the third straight week
following signs of cooling
inflation and market
expectations of a
future Fed rate cut, Sam Khater, Freddie Mac’s chief economist, via ABC.
ABC reports that rates are influenced by a number
of factors, including the Federal Reserve's interest
rate policy and the 10-year Treasury yield.
ABC reports that rates are influenced by a number
of factors, including the Federal Reserve's interest
rate policy and the 10-year Treasury yield.
Due to yields also beginning to ease, the Federal
Reserve could start to drop its main interest rate
after hiking it up to the highest level in over 20 years.
Last week, Fed officials suggested that they would make
just one cut to their benchmark interest rate in 2024,
down from previous projections of three cuts for the year.
Credit: Wibbitz Top Stories Duration: 01:31Published
Surge of New Applications for , Unemployment Benefits , May Signal Cooling Job Market.
Last week, the number of people in the
United States filing for unemployment benefits
reached the highest level in ten months last week. .
ABC reports that the news comes as a potential
sign that the U.S. labor market may be slowing
under the burden of high interest rates. .
The week ending June 8 saw
applications for jobless benefits
rise by 13,000 to reach 242,000. .
According to Labor Department
data, that is up from 229,000 new
applications the week before.
The number also represents the highest
number of new applications since August
of 2023, while also being significantly higher
than the 225,000 new claims forecast.
ABC reports that weekly unemployment claims have
lingered at historically low levels since millions of
jobs disappeared with the COVID-19 pandemic.
ABC reports that weekly unemployment claims have
lingered at historically low levels since millions of
jobs disappeared with the COVID-19 pandemic.
Since March of 2022, the Federal Reserve has raised
benchmark rates 11 times in an attempt to reign in
inflation which has risen to a four-decade high.
While the latest data suggests that consumer
inflation cooled in May, the Federal Reserve
has decided to leave rates at a 23-year high.
According to Fed Chair Jerome Powell, officials
are waiting for more evidence that prices
are reaching their target of two percent.
ABC reports that a total of 1.82 million
Americans were collecting unemployment
benefits in the week ending June 1. .
ABC reports that a total of 1.82 million
Americans were collecting unemployment
benefits in the week ending June 1.
Credit: Wibbitz Top Stories Duration: 01:30Published
Fed Holds Steady , With Interest Rates at , 2-Decade High.
On June 12, the Federal Reserve chose to hold
interest rates at a two-decade high while it
waits to see more signs of inflation going down.
'The Guardian' reports that officials at the United States
central bank expect to make a single rate cut
in 2024, according to the latest projections.
In previous projections,
policymakers expected the Fed
to make three cuts in 2024. .
At the latest meeting, the Fed chose to
keep rates at the same place they've been
for nearly a year, between 5.25% and 5.5%.
Despite recent data suggesting that inflation
may be easing, the Fed clearly doesn't see it moving
at a pace that would lead it to start cutting rates.
In May, inflation cooled slightly across the U.S.,
according to the latest consumer price index, however
consumers remain frustrated over skyrocketing prices.
In May, inflation cooled slightly across the U.S.,
according to the latest consumer price index, however
consumers remain frustrated over skyrocketing prices.
'The Guardian' reports that price growth has
slowed significantly since surging over 9%
in 2022, its highest level in a generation.
'The Guardian' reports that price growth has
slowed significantly since surging over 9%
in 2022, its highest level in a generation.
May saw prices for air fare and fuel go
down, inflation for grocery prices remained
flat, and shelter costs continued to rise.
May saw prices for air fare and fuel go
down, inflation for grocery prices remained
flat, and shelter costs continued to rise.
Overall, prices remained unchanged on a month-to-month
basis as the Fed emphasized that it would wait for
inflation to hit its previously-stated target of 2%.
The committee does not expect
it will be appropriate to reduce
the target range until it has
gained greater confidence
that inflation is moving
sustainably toward 2%, Federal Reserve statement, via Fox News
Credit: Wibbitz Top Stories Duration: 01:31Published
European Central Bank , Cuts Interest Rates.
The action was confirmed on June 6 at
the central bank's meeting, CNBC reports. .
The European Central Bank's (ECB) key
rate will go from 4% down to 3.75%.
The ECB Governing Council issued a statement.
Based on an updated assessment of
the inflation outlook, the dynamics of
underlying inflation and the strength
of monetary policy transmission, , ECB Governing Council, via statement.
... it is now appropriate to
moderate the degree of monetary
policy restriction after nine months
of holding rates steady, ECB Governing Council, via statement.
This is the first time that interest rates
have been cut since September 2019. .
Updated macroeconomic projections indicate that 2024's "annual average headline inflation outlook" has been increased from 2.3% to 2.5%, CNBC reports.
For 2025, it was raised from 2% to 2.2%.
The projection for 2026 stayed at 1.9%.
The ECB's next meeting is in July, where another rate cut is unlikely, experts say.
The slight upgrade to the inflation forecast
was to be expected, inflation has been printing
a little bit hotter than markets were expecting,
but in terms of the timing of the next cut
I’d still be looking to September, Dean Turner, chief euro zone economist at
UBS Global Wealth Management, to CNBC.
Canada also cut interest rates on June 5, while Sweden and Switzerland cut rates earlier this year.
Canada also cut interest rates on June 5, while Sweden and Switzerland cut rates earlier this year.
Canada also cut interest rates on June 5, while Sweden and Switzerland cut rates earlier this year.
The U.S. Federal Reserve continues
to battle America's rate of inflation.
Credit: Wibbitz Top Stories Duration: 01:31Published
As of 2024, the cheapest supermarkets in the UK are Lidl and Aldi. Lidl has been recognized as the most affordable option in recent comparisons, consistently offering lower prices on a range of..
![Houthis Fresh Blitz Destroys Three U.S, Israeli Ships | Gulf Of Aden, Arabian Sea Yemen's New Target [Video]](https://video.newsserve.net/300/v/20240710/1381148408-Houthis-Fresh-Blitz-Destroys-Three-Israeli.jpg)
![Yemen Houthis and Iraq’s Islamic Resistance Target Israel | Multiple Drones Pound Vital Israeli Port [Video]](https://video.newsserve.net/300/v/20240709/1381022070-Yemen-Houthis-and-Iraq-Islamic-Resistance-Target.jpg)
![Israeli Drone Strikes Target Hezbollah Fighters | Escalating Tensions in Southern Lebanon | Oneindia [Video]](https://video.newsserve.net/300/v/20240701/1380101596-Israeli-Drone-Strikes-Target-Hezbollah-Fighters-Escalating.jpg)
![Major Blow To Putin: Sea of Azov On Fire As Ukrainian Drones Target Russian Vessels [Video]](https://video.newsserve.net/300/v/20240610/1378134800-Major-Blow-To-Putin-Sea-of-Azov-On.jpg)
![Eknath Shinde on NDA’s 400 Plus Seat Target and Maharashtra's Role in it | Exclusive with Oneindia [Video]](https://video.newsserve.net/300/v/20240527/1376602778-Eknath-Shinde-on-NDA-400-Plus-Seat.jpg)
![Supreme Court Rules That Some Jan. 6 Defendants Were Improperly Charged [Video]](https://video.newsserve.net/300/v/20240628/1379908144-Supreme-Court-Rules-That-Some-Jan-Defendants.jpg)
![Supreme Court Rules Against SEC's Authority to Impose Fines [Video]](https://video.newsserve.net/300/v/20240627/1379804990-Supreme-Court-Rules-Against-SEC-Authority-to.jpg)
![Amazon Reaches $2 Trillion in Stock Market Value [Video]](https://video.newsserve.net/300/v/20240627/1379785948-Amazon-Reaches-Trillion-in-Stock-Market-Value.jpg)
![Border Arrests Fall Over 40% Since Biden Suspended Asylum Processing [Video]](https://video.newsserve.net/300/v/20240626/1379673294-Border-Arrests-Fall-Over-40-Since-Biden-Suspended.jpg)
![Upcoming Presidential Debate Between Biden and Trump Breaks With Tradition [Video]](https://video.newsserve.net/300/v/20240624/1379474642-Upcoming-Presidential-Debate-Between-Biden-and-Trump-Breaks.jpg)
![New US Home Construction Sinks to Slowest Pace in 4 Years [Video]](https://video.newsserve.net/300/v/20240620/1379144182-New-US-Home-Construction-Sinks-to-Slowest-Pace.jpg)
![Mortgage Rates Continue to Fall, Raising Hopes of the Fed Cutting Rates [Video]](https://video.newsserve.net/300/v/20240620/1379139322-Mortgage-Rates-Continue-to-Fall-Raising-Hopes-of.jpg)
![Surge of New Applications for Unemployment Benefits May Signal Cooling Job Market [Video]](https://video.newsserve.net/300/v/20240613/1378501356-Surge-of-New-Applications-for-Unemployment-Benefits-May.jpg)
![Fed Holds Steady With Interest Rates at 2-Decade High [Video]](https://video.newsserve.net/300/v/20240612/1378403338-Fed-Holds-Steady-With-Interest-Rates-at.jpg)
![European Central Bank Cuts Interest Rates [Video]](https://video.newsserve.net/300/v/20240606/1377665674-European-Central-Bank-Cuts-Interest-Rates.jpg)
![Cheapest supermarket in Uk [Video]](https://video.newsserve.net/300/v/20240613/1718317125-Cheapest-supermarket-in-Uk.jpg)
