Headline News from The Associated Press
AP Headline News - Mar 29 2024 17:00 (EDT)
We want to be more confident before we take that step. Jennifer King has more. Jerome Powell spoke at a conference of the Federal Reserve Bank of San Francisco. We expect inflation to move down to 2 percent, but on a path that is sometimes bumpy. He was asked about the latest report on consumer spending released Friday. Core PC, as you mentioned, is at 2.8 percent on a 12-month basis. The line is at 2.5 percent. That's what we were expecting, and it's good to see something coming in line with expectations. The central bank has signaled that it expects to cut rates three times this year. You know, growth is strong right now. The labor market is strong right now, and inflation has been coming down. We can, and we will be careful about this decision, because we can be. He demurred when asked if he would ever be ready to declare victory over inflation. I don't want to speculate about, you know, well, jinx it. I'm Jennifer King. Heavy lift cranes, including one that can lift a thousand tons, arriving at the site of Baltimore's Collapse Bridge. The job to clear the wreckage so a search can resume for four missing workers, and ships can again enter and leave the city's port. But Maryland Governor Westmore says it's a big challenge. The key bridge, which sits on top of the vessel right now, that that weight is somewhere between three and four thousand tons. So our team needs to cut that trust into sections in a safe, in a responsible, and in an efficient way before it can lift those pieces out of the water. Lewis Gossett, Jr., the first black man to win a supporting actor, Oscar, and an Emmy winner for his role in Roots, has died at the age of 87. And former U.S. Senator Joe Lieberman was remembered at a funeral in Connecticut, former Vice President Al Gore describing him as a "mench." Those who seek its definition will not find it in dictionaries, so much as they find it in the way Joe Lieberman lived his life. In a new study says climate change is making giant heat waves crawl more slowly across the globe. This is AP News. Excitement's building for the solar eclipse. Among those looking forward to the celestial event on April 8th, Min Ha. In 2017, I distinctly remember feeling really left out. She's a technology manager at the Perkins School for the Blind, who's sight impaired. She's testing out the light sound device, which translates the changes in sunlight into sound, designed with input from Harvard astronomer Allison Barela. This would be like the bright light of the sun, and then as it starts to dim, it goes away and the sound kind of gets lower. They're hoping to have more than 700 of these devices at eclipse viewing events in North America and the Perkins School will host a Zoom call. Even though we can't see something, it doesn't mean that we can't experience something. I'm Jackie Quinn and I'm Ben Thomas, AP News. Find your perfect fit with a custom suit from Indochino from timeless classics to bold statements. You can express your style exactly how you want. Get 10% off any purchase of $3.99 or more at indochino.com with code podcast. When everyone's on the same page, getting things done at work is easy. Make a bigger impact at work with Grammarly. Grammarly is your secure AI writing partner that allows your team to make their point and move faster. You can even save time by going from spending hours editing drafts to just seconds. Join the 96% of Grammarly users that say it helps them craft more impactful writing. Sign up and download Grammarly for free at Grammarly.com/podcast. That's Grammarly.com/podcast. easier said done.