Defendant In Deadly LA Wildfires Wanted 'Revenge Against Society,' Prosecutor Says

Core CPI Prints Cooler Than Expected Despite Biggest Jump In Energy Prices Since 2005 While PCE showed some signs of higher energy prices leaking into inflation prints, it was still February data. As we previewed, today's CPI data is for March and will bear the full brunt of the Iran War's impact on energy costs after Core CPI fell to its lowest in four years in February. The headline CPI soared 0.9% MoM (as expected) and while it was a big MoM jump, Consumer Prices rose 3.3% YoY (up from +2.4%...

China Moves To Shut Down Offshore Stock-Trading Channels Used By Mainland Investors Authored by Arthur Zhang via The Epoch Times, China’s securities regulator has opened enforcement actions against Futu, Tiger Brokers, and Longbridge Securities, accusing the offshore online brokerages of illegally serving mainland investors who used the platforms to trade U.S. and Hong Kong stocks. The China Securities Regulatory Commission (CSRC) said on May 22 that it had opened investigations and issued administrative penalty pre-notification letters against Tiger Brokers (NZ) Limited, Futu Securities International (Hong Kong) Limited, Longbridge Securities (Hong Kong) Limited,...

Israeli strikes killed at least six Palestinians in Gaza on Tuesday, including a little boy and his father, health officials in the Strip told Reuters. The boy, Yahia al-Bayouk, and his father, Mahmoud, were killed by an Israeli airstrike in Khan Younis, southern Gaza. Photos and videos from the Nasser Hospital show Palestinians mourning the […]