Audio

5 Minutes at the Top of the Hour

Latest news stories from around the world brought to you at the top of the hour

Listen Now »

News

Fed’s preferred inflation gauge shows price pressures continuing to cool

Thu, Nov 30, 2023 at 12:02 pm

( ) -q-19- UNDATED (Correspondent Jeremy House) “than 2.5 years.”

The Federal Reserve’s preferred inflation measure cooled last month.

[CutID: <Cuts> CONSUMER-PRICES-house-q-THUam.mp3
Time: 19s
Title: CONSUMER-PRICES-house-q-THUam
Out-cue: ]

TAG: Correspondent Jeremy House reporting. It’s the latest sign that price pressures are waning in the face of high interest rates and moderating economic growth. Excluding volatile food and energy costs, increases in so-called core prices also slowed. They rose just 0.2% from September to October, down from a 0.3% increase the previous month. Compared with 12 months ago, core prices rose 3.5%, below the 3.7% year-over-year increase in September.

——————————
VERBATIM: Prices were unchanged from September to October, down from a 0.4% rise the previous month. Compared with a year ago, prices rose 3% in October, below the 3.4% annual rate in September. It was the lowest year-over-year inflation rate in more than 2 1/2 years.

Listen Download

GivingTuesday donations flat this year, with fewer donorsThu, Nov 30, 2023 at 12:01 pm
Inflation in Europe falls to 2.4% as interest rates pack a punchThu, Nov 30, 2023 at 11:59 am
OPEC+ suppliers struggle to agree on oil production cuts even as prices fallThu, Nov 30, 2023 at 11:12 am

Greg Clugston SRN News White House correspondent

Milwaukee offers first look at 2024 GOP convention site

Fri, Dec 1, 2023 at 12:13 am

Organizers of the 2024 Republican convention have reached a milestone in planning for next summer’s event. The GOP’s presidential nominating convention is more than seven months away. But hundreds of news media members got their first look at the convention site in downtown Milwaukee this week. Organizers met with the press to discuss logistics of covering the event to be held in July. Not only will Milwaukee be in the political spotlight next summer, the city is expected to see an estimated 200-million dollar impact for hosting the convention.

Listen Download

U.S. condemns deadly Hamas shooting in JerusalemThu, Nov 30, 2023 at 4:30 pm
White House seeks extended Israel-Hamas cease-fireThu, Nov 30, 2023 at 4:20 pm
Former Secretary of State Henry Kissinger dead at 100Wed, Nov 29, 2023 at 9:45 pm

Bob Agnew SRN News U.S. Senate correspondent

Schumer Vows Ukraine Aid Vote By December 4th

Mon, Nov 27, 2023 at 1:18 pm

Senate Majority Leader Charles Schumer [D-NY] says he’ll bring a Ukraine aid bill up for a vote on the Senate floor by December 4th. Schumer writes in a letter to colleagues that one of the most important jobs facing lawmakers is passing a funding that will-quote-“ensure we as well as our friends and partners in Ukraine, Israel, and the Indo-Pacific region have the necessary military capabilities to confront and deter our adversaries and competitors,” He’s also setting the stage for a fierce battle with Republicans, by refusing to inckud funding for U.S. border security. And although the bill includes aid for Israel, it also provides more money for humanitarian aid for Palestinians in Gaza…assistance some critics say will go drectly into the hands of Hamas terrorists

Listen Download

Democrats Fret Over Vulnerable Red State IncumbentsMon, Nov 27, 2023 at 12:34 pm
TV Doctor Hill Harper To Run For U.S. Senate Seat In MichiganTue, Nov 21, 2023 at 2:18 pm
Democrats Fretting Over Possible Manchin Presidential Bid In 2024Mon, Nov 20, 2023 at 5:30 pm

Bernie Bennett SRN News U.S. House correspondent

Michael Harrington SRN News religion desk editor

Religious organizations are no longer America’s most trusted charities

Thu, Nov 30, 2023 at 11:38 am

Religious organizations are no longer America’s most trusted charities

VERBATIM: The Better Business Bureau puts out an annual list of the wisest places to give your charitable dollars and for many years, churches and ministries were number one. This year, they fall to number three — behind veterans organizations and non-profit hospitals. Religious groups are still the most trusted by Americans in their 60’s and up, however, suggesting that younger people have less trust in those institutions than their parents and grandparents. Michael Harrington, SRN News.

Listen Download