US stock futures were volatile on Thursday morning after the release of the December inflation report. The consumer price index (CPI) rose 0.3% month over month and 3.4% year over year, slightly higher than economists’ expectations. On a “core” basis, inflation rose 3.9% over the past year. The print raised new questions about the Federal Reserve’s path on interest rates, as traders have been increasingly pricing in the odds of a “soft landing” scenario. S&P 500 futures were down about 0.1% after the benchmark ended Wednesday at its highest close since January 2022, just short of notching a new record. Futures on the Dow Jones Industrial Average wavered around the flatline, while those on the tech-heavy Nasdaq 100 also fell around 0.1%.
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Thousands of demonstrators, predominantly women, took to the streets of Washington, D.C., on Saturday to protest President-elect Donald Trump just days before his inauguration. The event, known as the People's March, has been held annually since 2017 and was previously called the Women's March. The march, organized by a coalition of groups with varied interests such as climate change, immigration, and women's rights, aimed to confront "Trumpism" and draw on past successes against autocrats. Despite expectations of 50,000 participants, around 5,000 people gathered at three parks before marching to the Lincoln Memorial for the rally. Protesters carried signs with messages like "Feminists v. Fascists" and "People over politics," and many wore the iconic pink "pussy hats" from the 2017 Women's March. The event highlighted a range of issues, including gender justice, bodily autonomy, and democracy. The People's March has evolved ...
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