previous month. that is down from 0.3% in march. the year-over-year numbers kind of look like they re improving. but if you look at the most recent few months, it extrapolates that inflation is up running between 4-5% annually, well above the fed s target. reporter: one of the biggest takeaways from the pce report may be the personal saving rate, the percentage of disposable income people save. it s 3.6%. for comparison, it was 8.2% in february 2020 before the pandemic hit. the biden administration says the data shows progress in bringing down inflation, but they acknowledge more work still needs to be done. it matters when we go directly to the american people, it matters when we share with them what we have done these last three and a half years, our accomplishments or listen to them or hear how they re feeling about the economy, how they re feeling about their health care. it matters, it resonates.
inflation. as far from over on friday, the commerce department releases april pce report and it s this inflation data that the federal reserve watches especially closely in the report show that an april the pce price index rose 2.7% from a a year ago and rose 0.3% on a monthly basis. now food prices, while they did fall, but gas prices ticked up for the month by more than 1%. but if you strip away both of those categories, food and energy, you get what s called core inflation. and this is seen as a better indicator of underlying inflation an annual core pce rose 2.8%, which is what wall street expected. so you put it all together and what you have is inflation data that appears to be moving sideways, not exactly accelerating, not falling either. we also saw on the data consumer spending took a dip rising 0.2% compared to zero point devin percent. we saw that in march. now, friday s report is yet another reminder of what
ABC/Larry McCormackCody Johnson may have five ACM Award nods under his belt, but there are two honors that he s vying for the most: Album and Entertainer of the Year."It s two different things. Album of the Year, that s a win for me, Trent Willmon, Jack Clarke, Cris Lacy, Scott Gunner, all the musicians that were on the album, my band that was on the album [and] our radio team that has worked so hard for our singles to be successful. That s like a group win. And so, that means a lot," Cody tells ABC Audio."Personally, Entertainer of the Year, because I want to say that I am," he shares.Winning the night s highest honor goes beyond a vanity endeavor. For Cody, it s all about his passion for live shows and connecting with fans in person through music."That s what I take the most pride in. The stage is where I m at home. It s where nothing is wrong, everything s under control, and it s all right here. For 90 minutes, the world is
Jose Perez/Bauer-Griffin/GC Images via Getty ImagesThe trailer for the upcoming film adaptation of Colleen Hoover s bestselling novel It Ends with Us, starring Blake Lively, has arrived.In the Justin Baldoni-directed film, arriving in theaters August 9, Lively plays Lily Bloom, a young woman who has dealt with a traumatic upbringing, and is now starting a new life and business opening a flower shop in Boston.She meets Ryle Kincaid (Baldoni), a neurosurgeon, and the two quickly fall for each other.The trailer gives a glimpse of their characters falling in love, set to Taylor Swift s "my tears ricochet," before showing how Ryle s abuse impacts their relationship."Fifteen seconds. That’s all it takes to completely change everything,” Lily says in the trailer.Hoover has previously said the book, which touches largely on domestic abuse, was inspired by her mother s own escape from abuse."If one day you had a daughter, what would you say to her if she came to you a
Online triathlon magazine with product reviews, a bike fit guide, training tips, and several regular columnists. The editor is Dan Empfield, the founder of Quintana Roo.