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
today. we talked about accountability. giuliani and santos back in court. different cases, both about lies. coming up. and an exclusive interview with a wall street billionaire who s making waves tonight on msnbc. this will air for the first time. we re going to show you a preview of how this semiconservative billionaire who s even met with trump at the white house is telling us on the beat and this is exclusive, this is what he thinks about trump and the possibility of a second term. trump is a disgusting human being, he belongs in jail in my opinion. strong words. more context on that. that s an exclusive. we gip begin with jack smith s breakthrough as he tries to take an assertive and proactive approach in prosecuting trump for the coup. this surrounding a mystery with trump s actions, the plotting, speech, insurrection, and those long, tense hours while trump stood by while his fans committed convicted sedition. part of the process is getting more evidence and a bet
welcome to hardtalk. thank you. the recent indian election, it was a result which nobody really expected. your party, the congress party, did better than the polls had suggested it would. many in your party expressed contentment, evenjoy. and yet you still lost. isn t that the key point? that is true. but i think the expectation from the ruling dispensation, a lot of the popular mainstream media was that the propaganda will suffice and people will give a bigger majority to the ruling party. what really happened was, this was a vote by the people to check what we thought were excesses by the government, and the congress party and our allies together have done remarkably well, compared to last time. if you look at the numbers, the ruling party has 290 odd mps and we have 240 odd. so it s not that much of a gap. but more than that, it shows the robustness of our democracy, and the way people have voted is that issues that are important to the people is what finally matters. sure
welcome to hardtalk. thank you. the recent indian election, it was a result which nobody really expected. your party, the congress party, did better than the polls had suggested it would. many in your party expressed contentment, evenjoy. and yet you still lost. isn t that the key point? that is true. but i think the expectation from the ruling dispensation, a lot of the popular mainstream media was that the propaganda will suffice and people will give a bigger majority to the ruling party. what really happened was, this was a vote by the people to check what we thought were excesses by the government, and the congress party and our allies together have done remarkably well, compared to last time. if you look at the numbers, the ruling party has 290 odd mps and we have 240 odd. so it s not that much of a gap. but more than that, it shows the robustness of our democracy, and the way people have voted is that issues that are important to the people is what finally matters. sure
54% equity mutual funds outperformed benchmarks in April across various categories. Contra funds led with 100% outperformance. Value, ELSS, Large & Mid Cap, Flexi Cap, and Multi Cap funds also showed strong performance.