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The Federal Reserve held its benchmark interest rate steady between 5.25% and 5.5% after its May policy meeting, opting not to cut rates. The Fed noted a \
Federal Reserve Maintains Interest Rates, Citing 'Lack of Progress.' Sees Future Rate Hikes 'Unlikely.'
⏲ 0:37 👁 905K
China saw a 28% increase in domestic tourism during the 5-day May Day holiday period compared to 2019. However, total tourism revenue was up only 13.% compared to 2019 due to travelers spending less per trip, with average spending down 6%. Weakening economic growth, job prospects, and the real estate downturn have made Chinese consumers more cautious in their spending. Retail sales growth slowed to just over 3% in March while consumer price inflation was a mild 0.1%, reflecting soft consumer demand.
China's Domestic Tourism Surges by 28% During May Day Holiday
⏲ 0:36 👁 305K
Inflation has made Series I savings bonds enormously popular with risk-averse investors. So how do they work?
What are I-Bonds?
⏲ 2:43 👁 860K
Chichester City FC win at Ramsgate in their Isthmian League south wast division play-off semi final with a late goal by Mo Jammeh - action and celebration pictures by Neil Holmes
Chi City win at Ramsgate in pictures by Neil Holmes
⏲ 0:35 👁 2.1M
Citi's chief U.S. economist Andrew Hollenhorst predicts a \
Citi Economist Predicts 'Hard Landing' for U.S. Economy, Expects Four Rate Cuts
⏲ 0:39 👁 260K
Turkey's inflation rate accelerated to nearly 70% annually in April. This is the highest annual increase since November 2022, when it reached approximately 85%. Prices rose over 3% on a monthly basis, driven by increases in alcohol, tobacco, hotels, and restaurants. While high, the April inflation rate was lower than analysts' expectations. Turkey's central bank hiked rates to 50% to combat inflation, saying tight policy would continue until prices reliably declined. Analysts say inflation may fall in the second half of 2024 but are less optimistic about the pace of decrease.
Turkey's Inflation Rate Surges to an Alarming 70%, Central Bank Implements Massive 50% Rate Hike
⏲ 0:40 👁 970K
Yum! Brands, owner of KFC, Taco Bell, and Pizza Hut, reported a 3% decline in same-store sales for the first quarter, which was expected due to inflation, consumer demand pressures, and geopolitical issues. Pizza Hut and KFC saw same-store sales declines of 7% and 2%, while Taco Bell grew by 1%. Starbucks reported a 4% drop in global comparable store sales driven by a 6% transaction decline, as more cautious consumers cut back. McDonald's comparable sales grew just under 2% in the first quarter, as the CEO noted broad consumer price pressures reducing discretionary spending.
Fast Food Restaurants Reports Decline in Same-Store Sales, Reflecting Inflation and Consumer Pressures
⏲ 0:48 👁 970K
Nakalipad na ang ilang hot air balloon na kalahok sa Bicol Loco Festival sa Legazpi, Albay!<br/><br/><br/>24 Oras Weekend is GMA Network’s flagship newscast, anchored by Ivan Mayrina and Pia Arcangel. It airs on GMA-7, Saturdays and Sundays at 5:30 PM (PHL Time). For more videos from 24 Oras Weekend, visit http://www.gmanews.tv/24orasweekend.<br/><br/>#GMAIntegratedNews #KapusoStream<br/><br/>Breaking news and stories from the Philippines and abroad:<br/>GMA Integrated News Portal: http://www.gmanews.tv<br/>Facebook: http://www.facebook.com/gmanews<br/>TikTok: https://www.tiktok.com/@gmanews<br/>Twitter: http://www.twitter.com/gmanews<br/>Instagram: http://www.instagram.com/gmanews<br/><br/>GMA Network Kapuso programs on GMA Pinoy TV: https://gmapinoytv.com/subscribe
Mga hot air balloon, nakalipad sa Day 2 ng Bicol Loco Hot Air Balloon and Music Festival | 24 Oras Weekend
⏲ 2:20 👁 230K
Learn what to expect on your ride to the edge of space aboard Space Perspective's Spaceship Neptune capsule. CEO Jane Poynter explains what the high-altitude balloon ride is like. <br/><br/>Credit: Space.com | Space Perspective | produced & edited by Steve Spaleta and Josh Dinner
Understanding The Experience Of Flying To The Edge Of Space On A 'Spaceship Neptune' Balloon Ride
⏲ 3:0 👁 185K
Tila mga obra sa ulap ang makukulay na hot air balloon na pinalipad sa sa Legazpi City sa Albay!<br/><br/><br/>24 Oras Weekend is GMA Network’s flagship newscast, anchored by Ivan Mayrina and Pia Arcangel. It airs on GMA-7, Saturdays and Sundays at 5:30 PM (PHL Time). For more videos from 24 Oras Weekend, visit http://www.gmanews.tv/24orasweekend.<br/><br/>#GMAIntegratedNews #KapusoStream<br/><br/>Breaking news and stories from the Philippines and abroad:<br/>GMA Integrated News Portal: http://www.gmanews.tv<br/>Facebook: http://www.facebook.com/gmanews<br/>TikTok: https://www.tiktok.com/@gmanews<br/>Twitter: http://www.twitter.com/gmanews<br/>Instagram: http://www.instagram.com/gmanews<br/><br/>GMA Network Kapuso programs on GMA Pinoy TV: https://gmapinoytv.com/subscribe
Mga turista, nakisaya at sumakay sa mga pinalipad na hot air balloon sa Legazpi, Albay | 24 Oras Weekend
⏲ 0:50 👁 185K
Retailers have announced price cuts on thousands of products in recent weeks in an effort to entice consumers to spend more. Inflation has pushed prices 20-30% higher than a year ago while incomes have failed to keep up. Discretionary spending on non-essential items has slowed, so retailers are hoping price cuts will convince consumers to purchase more optional items. Overall retail sales in March rose only 0.7% month-over-month, a slower pace than in February. Consumer spending, which drives two-thirds of the US economy, has weakened as higher prices cut into household budgets.
Retailers to Slash Prices to Combat Inflation's Squeeze on Consumer Spending
⏲ 0:43 👁 155K
Prominent Turkish scholar Mustafa Akyol says fanaticism on one side only empowers the same on the other.<br/><br/><br/>Read More: <br/>https://www.freemalaysiatoday.com/category/nation/2024/05/07/gaza-war-could-alienate-muslim-moderates-says-akyol/<br/> <br/><br/>Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.<br/><br/>Subscribe to our channel - http://bit.ly/2Qo08ry<br/>------------------------------------------------------------------------------------------------------------------------------------------------------<br/>Check us out at https://www.freemalaysiatoday.com<br/>Follow FMT on Facebook: https://bit.ly/49JJoo5<br/>Follow FMT on Dailymotion: https://bit.ly/2WGITHM<br/>Follow FMT on X: https://bit.ly/48zARSW <br/>Follow FMT on Instagram: https://bit.ly/48Cq76h<br/>Follow FMT on TikTok : https://bit.ly/3uKuQFp<br/>Follow FMT Berita on TikTok: https://bit.ly/48vpnQG <br/>Follow FMT Telegram - https://bit.ly/42VyzMX<br/>Follow FMT LinkedIn - https://bit.ly/42YytEb<br/>Follow FMT Lifestyle on Instagram: https://bit.ly/42WrsUj<br/>Follow FMT on WhatsApp: https://bit.ly/49GMbxW <br/>------------------------------------------------------------------------------------------------------------------------------------------------------<br/>Download FMT News App:<br/>Google Play – http://bit.ly/2YSuV46<br/>App Store – https://apple.co/2HNH7gZ<br/>Huawei AppGallery - https://bit.ly/2D2OpNP<br/><br/>#FMTNews #GazaWar #MuslimModerates #RisksAlienating
Gaza war could alienate Muslim moderates, says Akyol
⏲ 1:30 👁 115K
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