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Month: May 2023

Air travel hits new post-pandemic record

By Gregory Wallace and Pete Muntean, CNN (CNN) — Memorial Day air travel just reached the highest level in nearly three and a half years. The Transportation Security Administration reports screening 2,658,057 passengers on Thursday, besting by only a few thousand the pandemic-era high set just last Friday. This Friday is expected to be even busier. The

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The Fed’s favorite inflation gauge just heated up — and that could mean another rate hike

By Alicia Wallace, CNN Minneapolis (CNN) — The US economy has encountered some expected turbulence on inflation’s descent. The Federal Reserve’s preferred inflation gauge bounced higher in April, underscoring Fed Chair Jerome Powell’s warnings that reining in price hikes “is likely to be bumpy.” But with spending also heating up, Friday’s data from the Commerce

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Gusty to start the weekend

Gusty winds remain an issue this morning, prompting at least one road closure (Indian Canyon at the Wash) in Palm Springs. Breezy conditions, especially near the freeway, will continue into the evening hours but should ease into tomorrow. Cooler than normal daytime highs will mark the Holiday weekend as a cool air mass sinks in

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The Fed’s favorite inflation gauge just heated up — and that could mean another rate hike

CNN, CNN BUSINESS By Alicia Wallace, CNN Minneapolis (CNN) — The US economy has encountered some expected turbulence on inflation’s descent. The Federal Reserve’s preferred inflation gauge bounced higher in April, underscoring Fed Chair Jerome Powell’s warnings that reining in price hikes “is likely to be bumpy.” But with spending also heating up, Friday’s data

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Congreso de Perú aprueba moción que declara persona non grata al presidente de México, Andrés Manuel López Obrador

Melissa Velásquez Loaiza (CNN) — El Congreso de Perú aprobó este jueves una moción que declara persona non grata al presidente de México, Andrés Manuel López Obrador. La iniciativa se firmó con 65 votos a favor, 40 en contra y dos abstenciones La Moción 6513 expresa su rechazo por las “inaceptables declaraciones” del presidente de

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