Economic News, EPA New Coal Plants Rule, Baltimore Bridge Update

In the 5 AM Hour: Larry O’Connor and Patrice Onwuka discussed:

U.S. GDP for 1st quarter of 2024 slowed to only 1.6% growth, almost a point lower than expected and lowest since Q2 of 2022 when it was -0.6%. Price index shot up 3.1%, a tenth higher than expected. Core price index soars to 3.7%, three tenths higher than expected

GDP 1.6%, Economy slowing

CNN: The Dream of Fed Rate Cuts Is Slipping Away

WSJ Ed Board: A GDP Warning as Signs of Stagflation Appear 

CNN: Fears about stagflation

Dow closes lower by more than 370 points as inflation, growth worries resurface

Nearly 40% of Homeowners Couldn’t Afford Their Home If They Were to Buy It Today

New EPA Emissions Rules Squeeze Coal Plants

First vessel passes through fourth temporary channel, bypassing Key Bridge collapse site

City of Baltimore files lawsuit against owner and manager of ship in Key Bridge collapse

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Episode: Friday, April 26, 2024 / 5 AM Hour 

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