U.S. prices increased less than expected in February, with the cost of services outside housing and energy slowing significantly, keeping a June interest rate cut from the Federal Reserve on the table. "Core services inflation is slowing and will likely continue throughout the year," said Jeffrey Roach, chief economist at LPL Financial in Charlotte, North Carolina. "By the time the Fed meets in June, the data should be convincing enough for them to commence its rate normalization process."
Jacksonville Jaguars linebacker Foye Oluokun signed a three-year contract extension Friday that includes $22.5 million guaranteed, a person familiar with negotiations said. The person spoke to The Associated Press on condition of anonymity because financial details were not released publicly. Oluokun’s agent, AJ Vaynerchuk, confirmed the length of the extension on X, formerly Twitter.
Egyptian billionaire gave Conservative Party £5 million donation