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_stock-markets-rally-amid-investor-hopes-for-interest-rate-cuts-in-2024.webp "Stock Markets Rally , Amid Investor Hopes for , Interest Rate Cuts in 2024.<br/>On the morning of May 15, both the S&P and the <br/>Nasdaq hit all-time highs after new data suggested <br/>inflation may be easing in line with expectations.<br/>Quartz reports that the Dow Jones Industrial Average <br/>is also inching toward the record-breaking <br/>40,000 mark, which it almost hit in March. .<br/>According to the latest Bureau of Labor <br/>Statistics data, April saw the Consumer Price <br/>Index, a key gauge of inflation, rise by 3.4%.<br/>At the same time, consumer prices <br/>increased by 0.3%, slowing slightly <br/>from March's 0.4% increase.<br/>The latest data also shows that core prices, <br/>which don't include food and energy, saw the lowest <br/>increase since April of 2021, rising just 3.6%. .<br/>As a result, investors have a sense of <br/>renewed hope that the Federal Reserve will <br/>begin to cut interest rates at some point in 2024.<br/>The latest inflation data was released one day <br/>after the Producer Price Index, which <br/>measures wholesale inflation, increased 0.5%. .<br/>Over the past year, the <br/>index has increased 2.2%.<br/>Shortly after markets opened, the Dow <br/>jumped up 147 points, hitting 39,705, while the <br/>S&P 500 and the Nasdaq saw 0.5% increases.<br/>Shares in GameStop were down 30% after <br/>experiencing a boost earlier this week by <br/>the online return of investor \")
_msc-virtuosa39s-maiden-cruise-from-southampton-city-cruise-terminal.webp "Steve Carrett")
_msc-cruises-from-southampton-uk-in-2021-124-iglu-cruise-deals.webp "Iglu Cruise")
_consumer-outlook-plunges-amid-fears-of-more-price-hikes-ahead.webp "Consumer Outlook , Plunges Amid Fears of , More Price Hikes Ahead.<br/>CNN reports that sentiment about the economy among <br/>consumers in the United States has plummeted <br/>to the lowest level in the past six months.<br/>According to the latest consumer survey by the <br/>University of Michigan, consumers are also bracing <br/>for more price increases in the year ahead. .<br/>The consumer expectations gauge, <br/>which is closely monitored by the White House, <br/>dropped 13%, representing the most significant <br/>single month decline since mid-2021.<br/>The latest news is still better than <br/>last May when inflation was at 4% <br/>compared to the current 3.5% reading.<br/>However, CNN points out that despite inflation <br/>being lower than the same time last year, the numbers <br/>have been moving in the wrong direction.<br/>The trajectory has shifted <br/>economist expectations for <br/>the Federal Reserve to cut rates. .<br/>The latest Fed report saw expectations <br/>for year-ahead inflation increase <br/>to 3.5% from the 3.2% forecast in April. .<br/>At the same time, long-run <br/>expectations for inflation also <br/>increased to 3.1% from April's 3.0%. .<br/>According to Chicago Federal Reserve <br/>President Austan Goolsbee, the latest data , \")
_pampo-cruises-ventura-cruise-ship-southampton-4k.webp "Skyshark Media Aerial Imagery")
_joan-vassos-to-star-as-abc39s-first-golden-bachelorette-legally-blonde-prequel-series-announced-award-winning-writer-ali.webp "ABC announces Joan Vassos as its first Golden Bachelorette star. Vassos starred as a contestant on the pilot season of The Golden Bachelor , quickly becoming a fan favorite before departing the show in the third week due to a family emergency. 61 year old Vassos had been married for 32 years before entering the world of reality TV, and decided two years after her husband's passing in 2021 that she was ready to put herself out there again. The series is set to debut this fall, airing Wednesday nights on ABC. Legally Blonde prequel series coming to Prime Video. The prequel series titled Elle was revealed to fans at Prime's first upfront presentation on Tuesday. The film's original star Reese Witherspoon took to the stage dressed in pink to make the announcement. The series will follow Elle Woods during her high school years, exploring the teenage experiences that shaped her into the iconic character fans see in the original two films. Witherspoon is set to executive produce the series along with her media company Hello Sunshine. Nobel Prize winner and short story writer Alice Munro dies at 92. The Canadian writer had a decades long career, entertaining readers from as early on as the 50's. She was honored with many awards throughout her career, including two Governor General's Awards for her 1968 collection Dance of the Happy Shades and 1978's Who Do You Think You Are? She also received the 2013 Nobel Prize in literature for her collection Dear Life . Munro died on May 13 following a 10 year long battle with dementia. Hallmark to host immersive Christmas experience featuring a variety film stars. The event will take place weekly from November 29 to December 23 outside the company's headquarters in Kansas City. The ticketed event will feature classic holiday activities such as ice skating and visits with Santa, but will also allow fans the opportunity to meet some of their favorite Hallmark stars and get behind-the-scenes insight into the world of Hallmark during the holidays. Tickets for the event go on sale May 16. In today's birthday news: musician Brian Eno turns 76, actor Chazz Palminteri 72, Baseball Hall of Famer George Brett 71, actor David Krumholtz 46, actress Jamie-Lynn Sigler 43, and actress Alexandra Breckenridge 42.")
_our-top-5-worst-cruise-ports.webp "Laurie and Gary Cruise")
_princess-cruises39-2026-world-cruise-will-visit-52-ports.webp "Cheddar")
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