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CAC 40 Rises As Yellen Downplays Inflation Concerns BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - French stocks advanced on Wednesday after data showed growth of the euro zone private sector economy improved during April. Sentiment was also underpinned after U.S. Treasury Secretary Janet Yellen downplayed earlier comments that rate hikes may be needed to stop the economy overheating. It may be that interest rates will have to rise somewhat to make sure that our economy doesn t overheat, even though the additional spending is relatively small relative to the size of the economy, Yellen said in taped remarks to a virtual event put on by The Atlantic. ....
U.S. Dollar Higher Following Yellen s Remarks On Rate Hike CANBERA (dpa-AFX) - The U.S. dollar strengthened against its major counterparts in the European session on Wednesday in the wake of comments from U.S. Treasury Secretary Janet Yellen suggesting a rate hike in the near future to prevent the economy from overheating. The interest rates may need to rise to prevent the economy from growing too rapidly as well as to contain inflation, Yellen said during an economic seminar presented by the Atlantic. Even though the additional spending is relatively small relative to the size of the economy, it could cause some very modest increases in interest rates. ....
Ellen delivers shocking package to viral Richmond UPS driver: Ellen, wow. Wow. A local UPS driver who went viral last year after a Chesterfield community thanked him for his hard work will be on the Ellen Show By: WTVR CBS 6 Web Staff Posted at 10:30 AM, May 05, 2021 and last updated 2021-05-05 10:30:11-04 RICHMOND, Va. - Already a hero in his community, Anthony Gaskin became an instant celebrity after a CBS 6 story went viral last December. The 53-year-old UPS driver was moved to tears when neighbors in Hallsley lined the street to thank Gaskin for delivering not only their packages but also good cheer with his positive attitude during the COVID-19 pandemic. ....
Ellen DeGeneres showcases her snazzy new ride as she steps out for coffee in Santa Barbara Entertainment Tue, May 04, 2021 Ellen DeGeneres mesmerised fans as she flaunted her new car worth almost $200K during her appearance in Santa Barbara on Monday. The famous talk show host treated herself to a new $181,950 Porsche 950 911 Targa 4S Heritage Design Edition after ex-girlfriend Anne Heche accused Ellen of being bossy when they were a couple. Anne Heche, 51, shared a video to TikTok in which she claimed that the comedienne didn t want her to dress sexy when they were a couple. The former Academy Awards host also loves to wear casual dresses for the outing. ....