>>CPI Report Shows Inflation Is Slowing Down
(Washington, DC) -- Inflation in the U.S. is slowing down. The latest Consumer Price Index report from the Labor Department shows inflation slowed to five percent in March, amid drops in both gasoline and grocery prices. That's down from six-percent the previous month. Consumer prices, meanwhile, increased five percent from a year ago. That's the smallest annual gain since May of 2021. On a monthly basis, those prices edged up just zero-point-one percent last month versus the zero-point-two percent predicted.
>>IMF Predicts Weakest Global Growth Since 1990
(Washington, DC) -- The International Monetary Fund is out with its weakest global growth forecast since 1990. The Washington, DC-based institution expects world economic growth to be around three percent five years from now. The fund called the outlook "uncertain" given high inflation, Russia's invasion of Ukraine and thee years of COVID among other factors.
>>Six In 10 Americans Live Paycheck-To-Paycheck
(Washington, DC) -- Close to six in 10 Americans say they live paycheck-to-paycheck. A CNBC-Momentive survey found that 58 percent of U.S. adults live this way, and 70 percent said they're stressed about their personal finances. About the same portion, six-in-10 respondents across all income brackets said inflation is a key reason for their financial woes. Over 40 percent mentioned "economy-wide instability" and 35 percent said their lack of savings and rising interest rates were to blame.
>>USPS Wants To Raise Price Of First-Class Mail Stamps
(Washington DC) -- The U.S. Postal Service wants to raise the price of stamps to offset inflation. The USPS recently announced its seeking approval to bump up the price of first-class mail stamps by three cents, to 66-cents. This comes after they increased the price from 60-cents in January.
>>Elon Musk Tweets Deadline For Twitter Legacy Checkmarks 4-20
(San Francisco, CA) -- Elon Musk says the deadline before Twitter gets rid of legacy blue checkmarks will be April 20th, or 4-20. The Twitter head changed the social media platform's verification system so anyone who pays for a Twitter Blue subscription can be verified. Musk, who is infamous for posting juvenile memes, has made 4-20 jokes in the past. It's unclear whether this is another one of his jokes about the unofficial day to smoke marijuana or whether April 20th will be the actual cutoff date. The multi billionaire CEO also temporarily swapped the Twitter logo with the "doge" Shiba Inu icon from the Dogecoin cryptocurrency and the meme that became popular in 2013.
>>Tupperware May Go Out Of Business
(Orlando, FL) -- Famous food storage company Tupperware says it's struggling and has hired advisers to help turn things around. The company announced last week it's experiencing financial problems, and there is substantial doubt about its ability to continue. Earl Tupper started the company in 1946 in Massachusetts, and five years later, he moved it to Kissimmee. Over the years Tupperware's colorful plastic food containers could be found in kitchens around the country. The company, though, says net sales were down almost 20 percent last year.
>>Mega Millions Jackpot Soars To $476 Million After Tuesday Night Drawing
(Undated) -- The Mega Millions jackpot continues to grow after Tuesday night's drawing failed to produce a grand prize winner. That puts 476-million dollars on the line when numbers are drawn the next time on Friday. The cash option on that works out to 256-million dollars.