Fed's favorite core inflation measure hits 2.6% in January, as expected

The family of Marta Bednarczyk, a 43-year-old mother-of-three found dead in Northamptonshire, described her as the "matriarch of the family". She died from sharp force injury, and a 13-year-old girl has been charged with murder and arson. Marta was a caring woman who moved to the UK from Poland in 2010 and was loved by her family and friends. Full Article

The defence ministry has signed a Rs 2,906 crore contract with BEL to procure the indigenously designed and developed Ashwini transportable radar for the Indian Air Force, enhancing operational readiness. The radar, capable of tracking various aerial targets, was created by DRDO's Electronics and Radar Development Establishment. This acquisition aligns with the government's focus on strengthening indigenous defence capabilities, as highlighted by Defence Secretary Rajesh Kumar Singh during the contract signing. Full Article

The European Union retaliated against the U.S. by imposing new duties on industrial and farm products in response to the increased tariffs on steel and aluminum imports to 25% by the Trump administration. The EU measures target goods worth $28 billion, including textiles, home appliances, and agricultural products, with a focus on products made in Republican-held states. EU officials emphasized the negative impact of tariffs on both economies and urged for negotiated outcomes to avoid...

A man was shot outside the terminal of Chicago O'Hare Airport following an altercation. The incident was captured on video and is currently under investigation by authorities. The victim's condition and the motive behind the shooting have not been disclosed at this time. Full Article

Nicola Sturgeon, Scotland's longest-serving first minister, has announced she will not seek re-election as an MSP in May next year. After eight years in office, she resigned as first minister in 2023 amidst a tumultuous period for her and the SNP, including a police investigation into SNP finances and her husband being charged with embezzling party funds. Sturgeon highlighted her achievements in office, expressed her continued support for Scottish independence, and announced her intention to...

The Bureau of Labor Statistics reported that prices for goods and services rose less than expected in February, with the consumer price index increasing by 0.2% for the month and the annual inflation rate reaching 2.8%. This slight uptick provided some relief to consumers and businesses concerned about the potential impact of tariffs on inflation. In January, the all-item CPI had risen by 0.5%, highlighting the importance of monitoring economic trends for future implications. Full...