Korean won strengthens against U.S. dollar South Korea benchmark bond yield rises For the midday report, please click
SEOUL, May 28 (Reuters) - Round-up of South Korean financial
markets: South Korean shares rose on Friday, logging their biggest
weekly jump in three, led by tech heavyweights, as upbeat data
from the United States supported recovery momentum. Both the won
and the benchmark bond yield rose. The KOSPI ended up 23.22 points, or 0.73%, at
3,188.73, rebounding from a 0.1% decline on Thursday. For the week, the index rose 1.02%, marking its biggest
gain in three weeks. Better than expected U.S. jobless claims data whetted
US Prices Jump 3.6% Last Month From April 2020: Govt
05/28/21 AT 9:40 AM
US inflation climbed 3.6 percent in April compared to the same month in 2020 as prices recovered from the mass business disruptions caused by the Covid-19 pandemic, according to government data released Friday.
The spike in the personal consumption expenditures (PCE) price index was the largest reported by the Commerce Department since September 2008, and comes as economists debate whether government stimulus and loose Federal Reserve policy will cause the world s largest economy to overheat.
Spending in April increased 0.5 percent from March with consumers steering their dollars to bars, restaurants and outdoor recreation, the data said, even as income plunged 13.1 percent as the effects of government stimulus checks and unemployment benefits meant to aid the recovery faded.
Bride-to-Be Lists Out Demands for Her Bridesmaids
I have DJed, MCed, and even officiated many weddings over the years. I have seen a lot and heard a lot when it comes to the demands of the bride or the groom. Some of them are normal and tasteful, while others a touch extreme for my taste. I can remember one bride told me she wanted no Zydeco and no line dances at the reception. I stared blankly in her face.
You do realize you are getting married in Southwest Louisiana, right?
After being asked time and time again for both of those styles of music, I decided to be petty and start a dance line with