A key inflation gauge jumped 6.6% in March, most since 1982

WASHINGTON (AP) — An inflation gauge closely tracked by the Federal Reserve surged 6.6% in March compared with a year ago, the highest 12-month jump in four decades and further evidence that spiking prices are pressuring household budgets and the health of the economy. Yet there were signs in Friday’s report from the Commerce Department … Read more

Dogecoin jumped 40% after Elon Musk sealed $44 billion Twitter deal

Tesla shares have plunged a day after CEO Elon Musk bought Twitter for $44billion – wiping $114billion off the carmaker’s market capitalization. Stocks plummeted by up to 12 per cent on Tuesday to $876, marking a 28 per cent drop from its highest ever valuation in November. It also erased $25billion from the billionaire’s finances, which … Read more

Home prices jumped nearly 20% in February, but slowdown may be coming, S&P Case-Shiller says

A “For Sale” sign is seen in front of a home in Miami, Florida. Joe Raedle | Getty Images Home prices increased 19.8% in February year over year, according to the S&P CoreLogic Case-Shiller national home price index. That is up from the 19.1% annual increase in January and is the third-highest reading in the … Read more

Manchester police arrest man who jumped into river, got inside drainpipe

POLICE, HE IS LIVE IN THE QUEEN CITY WITH MORE. SCOTT: THE SUSPECTS I NOW IN CUSTODY AFTER RUNNING AND HIDING FROM POLICE IN A STORM DRAIN FOR MORE THAN 90 MINUT.ES 49-YEAR-OLD JORGEAS W ORIGINAL WANTED FOR ARMED ROBBERY. YOU WILL RECALL LAST WEEKE HWAS THE SUSPECT WHO HAD STOLEN A WOMAN’S PURSE FROM … Read more