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US economic growth in the first quarter was revised down slightly from an initial estimate of 1.6% to 1.3% on an annualized basis. Consumer spending, a key driver of growth, increased slower than previously estimated as spending on goods declined. Inflation remained elevated above a 3% annual rate, driven partly by higher energy and food costs. Core inflation rose to 3.6%. Services spending growth remained solid at 3.9%, the strongest since mid-2021. The outlook remains uncertain as inflation exceeds the Fed's 2% target, potentially delaying planned rate cuts.
⏲ 0:44 👁 21.5M
Kyle Handy
⏲ 40 minutes 47 seconds 👁 35.8K
Sylvia Dana
⏲ 1 hour 46 minutes 2 seconds 👁 8.4K
Our choice of clothes helps to define how we think of ourselves and how we think of others.<br/>An outfit can suggest social status, political beliefs, a certain taste in music and even our mood on any given day - there’s always story<br/>behind the clothes we wear.<br/>It’s one of the reasons Harriet Eccleston, whose clothing brand goes by the same name, felt compelled to continue in a family tradition of tailors, drapers and milliners stretching back generations.<br/>“It’s quite a personal thing,” she said. “The garments that you wear are one of the first things that people see about you and I guess (they) interpret your characteristics or your personality through your choice of clothing and that has always interested me - the emotion, the personality that clothes can bring out.”<br/>Working out of her one room workshop in the Albyn Works, a former<br/>factory building in Sheffield’s Kelham Island, Harriet creates<br/>womenswear with sustainability and heritage at its core.<br/>From ideation and fabric cutting all the way through to hand stitching buttons and packaging items, Harriet’s head, heart and hands are behind it all.<br/>The finest British cottons and wools are taken and combined with a soft colour palette to create elegant garments with a classic versatility.<br/>Yet the reason Harriet’s creations stand out is beyond their aesthetic.<br/>Examine them more closely and you find storytelling and tradition woven into every piece.<br/>The influence of Harriet’s ancestry is evident throughout her business.<br/>“Fashion is in my blood, their stories are in my heart,” reads her website.<br/>Scattered amid the fabric swatches and sketches on the work surfaces and pin boards of her workshop are black and white photos of a moustachioed man immaculately turned out regardless of the scene he appears in.<br/>The man’s name is E.D. Soulsby and he’s Harriet’s great great<br/>Grandfather. <br/>In the late 1800s and early 1900s, Soulsby, owned and ran a menswear shop in the industrial heartlands of Northumbria.<br/>“It was in the family for generations - everybody mucked in and was part of it.<br/>“My granny spent a lot of time there until she was married and she told me a lot of stories. <br/>“They specialised in quality menswear clothing and the idea was they were pieces that would last.”
⏲ 4:6 👁 2.7M
Jaime Resendiz
⏲ 11 minutes 20 seconds 👁 12.9K
Kim Barber
⏲ 9 minutes 50 seconds 👁 1.1K
Q1 Update Reveals , US Economy Grew Slower , Than Initially Thought.<br/>Yahoo Finance reports that the United States economy grew at a slower rate than initially thought during the first quarter of 2024.<br/>According to the Bureau of Economic Analysis' (BEA) second <br/>estimate of the Q1 gross domestic product (GDP), the <br/>economy grew at 1.3%, down from 1.6% reported in April.<br/>The BEA said the updated numbers , \
⏲ 1:30 👁 485K
Coach Kane
⏲ 11 minutes 31 seconds 👁 1K
Coach Kane
⏲ 20 minutes 41 seconds 👁 2.2K
Eurozone inflation increased to 2.6% in May 2024 from 2.4% in April, as both headline and core inflation came in higher than economists expected. Services inflation, an important metric for the ECB, rose to 4.1%. Markets continued to fully price in an interest rate cut by the ECB at its June meeting, following signals from policymakers that a cut is likely. Inflation has cooled significantly from a peak of 10.6% in October 2022 but has remained below 3% for the past eight months. The euro was slightly higher against the dollar and pound after the inflation release.
⏲ 0:43 👁 320K
Tharmila Rajasingam
⏲ 16 minutes 18 seconds 👁 622
Dennis Salazar - eXp Realty, Arizona
⏲ 1 hour 10 minutes 54 seconds 👁 2.9K
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