At an annual rate of 3. 4 in april, down from 3. 5 in march. It doesnt sound much of a drop, but it was the first time this year that inflation has fallen as expected, suggesting the fed could finally be winning the battle against soaring prices. Heres erin delmore in new york. A banner day on wall street with all three major indexes closing at record highs. Thats right the dow, the s p 500 and the nasdaq all hit their highest levels ever. The catalyst wednesdays Consumer Price index report which showed inflation rising less rapidly in april than wed seen in the first three months of the year. Fed Chairjerome Powell had said just a day earlier that fed officials were surprised by this years higher than expected readouts. Traders keenly watch Inflation Figures for clues on how the fed will move forward on Interest Rates. Any news of price increases easing raises their hopes the Interest Rates will be cut sooner rather than later. Now more investors expect the fed to make its first rate
For more win win results. Hes expected to be making the case for the enabling of a self driving feature on tesla cars in china as the Electric Car Giant faces falling sales and increased local competition. For more on this, we can go live to our china correspondent Stephen Mcdonell in beijing. It was quite a few are when he arrived. He wasnt expected and he showed up in china. figs arrived. He wasnt expected and he showed up in china. 5 a arrived. He wasnt expected and he showed up in china. He showed up in china. As a bit of a mystery he showed up in china. As a bit of a mystery as he showed up in china. As a bit of a mystery as to he showed up in china. As a bit of a mystery as to what he showed up in china. As a bit of a mystery as to what this of a mystery as to what this trip is really all about. If you have a look at elon musk s feed on his own acts formally twitch our Social Media Site and just scroll through the last 2a hours, it is all the right wing conspiracy theories and v
Call with the israeli prime minister. A delegation from hamas is travelling to cairo for further peace talks as pressure to reach a cease fire grows. The negotiators, along with qatari and egyptian mediators, will look at the latest ceasefire proposals. And its also been announced that us secretary of state, Antony Blinken will visit jordan and israel after a stop at the World Economic forum summit in riyadh. As we just mentioned, the Israeli Defense force chief spokesperson, Daniel Hagari has said aid going into gaza has increased in recent weeks. Lets listen to what he said. Over the last few weeks, the amount of humanitarian aid going into gaza has significantly increased. In the coming days, the amount of aid going into gaza will continue to scale up even more. Food, water, medicalsupplies, shelter equipment, and other aid. More aid is going into gaza than ever before. ~. ,. ,. , before. We have ust heard that neaative before. We have ust heard that negative state before. We have j
Around 400 years ago, a Spanish Nobleman Set Sail for the new world. His name . Lorenzo longoria. My ancestors arrival, along with millions of others through is centuries, changed history, creating Modern Mexico and a gateway between it and the rest of the world. This is the cradle of mexico, everything started here. Its also the cradle of mexican gastronomy, because all ingredients landed in this spot, and all the ingredients from mexico left from here. Chocolate, vanilla, the tomato. Can you imagine italian cuisine without the tomato, or french pastries without chocolate and have a vanilla vanilla . Impossible. The people here created a whole new cuisine. Wow. Im eva longoria, Born And Bred in texas, with mexicanamerican roots, which makes me a texican. Im exploring mexico to see how the people, their lands, and their past have shaped a culinary tradition as diverse as its 32 states. The ports strategic position saw them fight off repeated invasions right into the 20th century. But t