An inflation measure closely watched by the Federal Reserve rose faster than expected in March as high prices continued to weigh on millions of Americans. The personal consumption expenditures index showed that consumer prices rose 0.3% from the previous month, according to the Labor Department. On an annual basis, prices climbed 2.7% – higher than both the 2.6% forecast and the 2.5% reading recorded the previous month.This is a developing story. Please check back for updates.

Last updated: April 26, 2024 04:58 EDT | 2 min read Chainlink Labs’ director of capital markets said traditional finance is not the best use case for tokenization, real-world data is.Real-world asset (RWA) tokenization is one of the largest market opportunities in the blockchain industry, with a potential market size in the hundreds of trillions of dollars. 1/ The tokenized RWA opportunity is measured in trillions of dollars. By tokenizing an asset, blockchain-enabled superpowers are unlocked, from near-instant settlement to enhanced liquidity, fractional ownership, DeFi integration, & more. Breaking down the RWA megatrend 🧵👇 pic.twitter.com/e4WYSB8iAo — Chainlink (@chainlink) April 23,…

Hong Kong    TikTok’s Chinese parent company ByteDance said Thursday that it has no plans to sell the social media platform, its first official response on the fraught issue since President Joe Biden signed a bill that could lead to a nationwide ban of the wildly popular app. “Foreign media reports that ByteDance is exploring the sale of TikTok are untrue,” the Beijing-based company said in a statement on Toutiao, a news aggregation app that it owns and is popular in mainland China. “ByteDance doesn’t have any plan to sell TikTok,” it said. The statement was in direct response to…

The growing number of anti-Israel protests on college campuses could jeopardize a student’s prospect of securing a job, especially on Wall Street, experts tell FOX Business.  “We have seen offers revoked from candidates who have been publicly recognized, especially through social media, for controversial behavior and engaging in hate speech,” Emily Levine, executive vice president at Career Group Companies, told FOX Business. Levine also said officials have seen companies terminating employees for participating in non-peaceful protests.  GOOGLE FIRES MORE WORKERS OVER IN-OFFICE PROTESTS Anti-Israel protests and encampments have been organized at Columbia, New York University, Yale, the University of Michigan and…

A version of this story first appeared in Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York    The Federal Reserve’s favorite inflation reading is due Friday morning. For Wall Street, the stakes are high. The Personal Consumption Expenditures price index is expected to rise 2.6% for the 12 months ended in March, according to FactSet estimates. The core PCE index, which excludes the more volatile energy and food categories, is expected to rise 2.7% from the prior year.…

The former publisher of the National Enquirer faces another round of grilling from Donald Trump’s lawyers. Boys at a school for troubled teens in Jamaica detail the alleged abuse they endured. And we review the biggest calls in the 2024 NFL draft.Here’s what to know today.Key witness returns to the stand to face Trump’s lawyers in hush money caseFormer National Enquirer publisher David Pecker will face more grilling from Donald Trump’s defense lawyers about his dealings with the former president and Trump’s efforts to quash “embarrassing” stories that could have damaged his 2016 campaign run. Donald Trump in Manhattan Criminal…

Last updated: April 26, 2024 05:02 EDT | 2 min read A group of Armenian officials from various law enforcement agencies have been trained on crypto-asset investigations to combat crypto-related crimes.The training was conducted by the Office of the Co-ordinator of OSCE Economic and Environmental Activities (OCEEA), in collaboration with the United Nations Office on Drugs and Crime (UNODC), the OSCE said in a Friday press release. The training, held in Yerevan from April 24 to 26, brought together 27 representatives from various law enforcement agencies.Armenian Officials Learn Techniques for Crypto InvestigationOver the course of three days, participants immersed themselves in learning fundamental…

NEW YORK (AP) — Rooting for Donald Trump to fail has rarely been this profitable.Just ask a hardy band of mostly amateur Wall Street investors who have collectively made tens of millions of dollars over the past month by betting that the stock price of his social media business — Truth Social — will keep dropping despite massive buying by Trump loyalists and wild swings that often mirror the candidate’s latest polls, court trials and outbursts on Trump Social itself.Several of these investors interviewed by The Associated Press say their bearish gambles using “put” options and other trading tools are…

Frazer Harrison/Getty Images for The Recording Academy Ellen DeGeneres is still reeling from the end of her talk show — which was shrouded in scandal after toxic workplace allegations — but that doesn’t mean she can’t laugh at herself. When DeGeneres, 66, kicked off her Ellen’s Last Stand … Up Tour on Wednesday, April 24, in West Hollywood, she wasn’t afraid to poke fun at her own career downfall. “What else can I tell you?” she told the sold-out crowd during the show, according to Rolling Stone, before declaring, “Oh yeah, I got kicked out of show business.” DeGeneres trolled…

The Biden administration plans to tighten firearms exports to prevent diversion to criminal groups and drug cartels.The pause on firearm exports, initiated last October, will be lifted and replaced by new restrictions effective May 30.An anticipated 7 percent reduction, amounting to $40 million annually, is expected in firearm exports.The Biden administration plans to impose new restrictions on firearms exports and increase scrutiny on transactions to limit diversions of guns to drug cartels, criminal groups, gangs and others, a Commerce Department official said late on Thursday.The department on Oct. 27 issued a pause on most firearm exports to assess the “risk…

The past week has been filled with big news. Have you kept track? Find out with Fox News Digital’s latest News Quiz!Questions range from the surprise ending of an Arizona border rancher’s murder trial to a dog of a different color. Can you get a perfect score?Take our quiz below! App users: Click here.SACKED: Which NFL team’s owner said he would pull support from his alma mater, Columbia University, over anti-Israel agitators on campus?Dallas CowboysNew England PatriotsCarolina PanthersNew York JetsThe Supreme Court on Thursday considered former President Trump’s immunity claim in the case led by which prosecutor?Alvin BraggLetitia JamesJack SmithFani…

JAKKS Pacific recalled about 17,500 of its Mario Kart ride-on racer cars after learning the battery-operated toy could cause a crash if the acceleration pedal is clogged with debris. The alert, which was issued Thursday, involves the Mario Kart 24V Ride-on Racer that is red, white and blue in color with the letter “M” in the center of a white circle on the front. The manufacturing codes affected by the recall are: 1752VE01, 1782VE01, 1952VE01, 2242VE01, 2352VE01, 2852VE01 and 0583VE01. The codes can be found underneath the vehicle at the bottom of a blue panel. The company said the versions currently…

TikTok’s Chinese parent company ByteDance said Thursday that it has no plans to sell the social media platform, its first official response on the fraught issue since President Joe Biden signed a bill that could lead to a nationwide ban of the wildly popular app.”Foreign media reports that ByteDance is exploring the sale of TikTok are untrue,” the Beijing-based company said in a statement on Toutiao, a news aggregation app that it owns and is popular in mainland China.”ByteDance doesn’t have any plan to sell TikTok,” it said.The statement was in direct response to an article by the Information on…

“[This production] is very modern, very current, but it pays tribute to the actual text. It’s doesn’t run away from it or make it colloquial,” explained Steve Carell on opening night of the Lincoln Center Theatre revival of Uncle Vanya. “It feels current, but also evergreen. It feels like something that is relevant now, 10, 20, 30 years ago and 30 years hence. I think [Heidi Schreck] did a wonderful job.”Anton Chekhov’s masterpiece returns to the stage this season in a new version by Heidi Schreck and directed by Lila Neugebauer.”The work is so interesting and there is so much to…

But the government’s decision to shutter schools was no relief to 13-year-old Nur. Her cramped one-room home in the megacity, shared with her younger brother and parents, feels almost as suffocating as the streets outside. “The heat is intolerable. Our school is shut, but I can’t study at home. The electric fan does not cool us,” she told AFP. “When the power went out for an hour or two, it felt terrible.” “Last year was hot, but this year is too hot – more than ever. Just unbearable,” said Nur’s mother Rusmana Islam. “In villages, you can step out and…