>>Biden Believes Fed Will Cut Rates Before End Of Year

(Washington, DC)  --  President Biden says he still believes the Federal Reserve will cut interest rates before the end of the year.  That's what he told reporters yesterday after new data showed inflation increased in March.  Biden emphasized inflation has dropped significantly over the three years he's been in office.  He claimed that his Republican opponents "have no plan" to tackle inflation.  Data from the Bureau of Labor Statistics shows that 12-month price growth accelerated from three-point-two percent in February to three-point-five percent in March.

 

>>Redfin: Median Rents Raise For Third Straight Month 

(New York, NY)  --  Rent prices are up for the third straight month.  According to real estate company Redfin, they're also up point-eight-percent from last year.  Median rent as of March is at one-thousand-nine-hundred-and-87-dollars.  Rents had cooled in the previous three-month period, but they're now beginning to rise again along with inflation. 

 

>>eBay Adds AI-Powered "Shop to Look" Feature

(San Jose, CA)  --  eBay is adding a generative AI-powered "shop the look" feature.  App users who are fashion enthusiasts will see suggestions to compliment their current wardrobes based on their shopping history. The new feature is initially available only on iPhones.

 

>>Experts Predict Record-Breaking Summer Travel Season

(Undated)  --  Experts say this summer will bring record-breaking travel numbers.  Close to five-billion people are expected to travel around the world, breaking a previous record and surpassing pre-pandemic levels.  In the United States, over 90-percent of Americans say they plan to take a trip.  Despite this, many airlines have slowed their operations due to uncertainty around Boeing planes after the company's problems.