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At an annual rate of 3. 4 in april, down from 3. 5 in march. It doesnt sound much of a drop, but it was the first time this year that inflation has fallen as expected, suggesting the fed could finally be winning the battle against soaring prices. Heres erin delmore in new york. A banner day on wall street with all three major indexes closing at record highs. Thats right the dow, the s p 500 and the nasdaq all hit their highest levels ever. The catalyst wednesdays Consumer Price index report which showed inflation rising less rapidly in april than wed seen in the first three months of the year....

Check u. S. Stock futures ahead of the opening bell. Were relatively flat. A great week for the stock market. Im Lauren Simonetti, joined by nicole petallides. Sandra smith is off today. Welcome to fbn am, the latest look at the markets, breaking news and what to expect for the day ahead. Aviation experts say the debris washed up on the French Island reunion in the indian ocean almost certainly part of a boeing 777. The wing will be brought to france to be analyzed. A piece of the suitcase was discovered. Investigators say whether there is any link to the plane wing. The key thing is for it to...

The hospital and this community is clearly heart broken and dont understand how someone could hurt a man so bee loved in their community and now they are left with just memories and that he was a fixture at the corner store for years. 30 some years, when he took him away, they took half of the community. He loved everybody. He was a loveable guy. Back out live this community is still grieving and the makeshift memorial continues to grow, hearts are hurting and eyes are filled this one you took hit home for real. The 14yearold was in court for a bail hearing and the judge set bail at 945,000 an...

Smell the fire from here. We are about 15 miles south of Fort Mcmurray. The winds have changed making these masks necessary. We also have developments from the oilsands just north of Fort Mcmurray, rear learning that reuters that Conoco Phillips is the latest company to shut some of its operations in the region and learning from Canadian Press that oilsands executives are worried that the wildfire could create gaps in the northern alberta power grid. That would lead to more closures of operations in the region. This is a developing story. Officials say that the situation and conditions remain ...

It is slower than 6. 3 growth in the previous quarter. Also in the third quarter, revenue was up 114 year over year but the net loss widened more than 175 million dollars. I spoke with c. E. O. Dick coslo and and asked him what wall street is getting wrong about twitter . The long view about the business and trying to build a lasting enterprise. When we think about our aspirational goal to build the largest daily audience in the world, it is all about certainly at its core that audience is composed of our monthly active users that we reported last night. Beyond that, there is also the hundreds...