In January, the producer price index rose 0.4%, higher than expected, indicating potential easing of inflation pressures. Excluding food and energy, the core PPI was up 0.3%, in line with forecasts. Wall Street reacted positively to the report, though the Fed focuses more on the personal consumption expenditures prices index, which will be released later in February.
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Journalist Bel Trew shares aerial video showing Gaza in ruins
Aerial footage by Bel Trew, Chief International Correspondent for the Independent, reveals extensive devastation in Gaza after nearly two years of Israeli military actions. Israeli Prime Minister Netanyahu announced plans to seize full control of Gaza, raising concerns from the UN about potential catastrophic effects on the displaced Palestinian population and the safety of Israeli hostages. Want More Context? 🔎
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