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fortune gems login MINNEAPOLIS, Nov. 27, 2024 (GLOBE NEWSWIRE) -- OneMedNet Corporation (Nasdaq: ONMD) (“OneMedNet” or the “Company”), a global provider of clinical imaging innovation and curator of regulatory-grade Imaging Real World Data (“iRWDTM”), inclusive of electronic health records, laboratory results and, uniquely, medical imaging, today announced the Company received an expected notice (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that, due to the Company’s failure to timely file its Form 10-Q for the fiscal quarter ended September 30, 2024 (the “New Delinquent Filing”) with the Securities and Exchange Commission (the “SEC”), the Company is not in compliance with Nasdaq’s continued listing requirements under Nasdaq Listing Rule 5250(c)(1) (the “Rule”), which requires the timely filing of all required periodic reports with the SEC. Previously, Nasdaq granted the Company an exception until December 11, 2024 to file its delinquent Quarterly Reports on Form 10-Q for the quarterly periods ended March 31, 2024 and June 30, 2024 (collectively with the New Delinquent Filing, the “Delinquent Filings”). As a result, any additional Nasdaq exception to allow the Company to regain compliance with all delinquent filings, including the New Delinquent Filing, will be required to be filed by December 11, 2024. In accordance with Nasdaq’s listing rules, the Company has until December 6, 2024 to submit to Nasdaq an update to the Company’s original plan to regain compliance with the Rule. The Company is working diligently to complete the Delinquent Filings. The Company intends to file the Delinquent Filings as soon as practicable to regain compliance with the Nasdaq Listing Rules. No assurance can be given that the Company will be able to regain compliance with the aforementioned listing requirement or maintain compliance with the other continued listing requirements set forth in the Nasdaq Listing Rules. The Notice has no immediate effect on the listing of the Company’s common stock or warrants on The Nasdaq Capital Market. About OneMedNet Corporation OneMedNet provides innovative solutions that unlock the significant value contained within the Real-World Data (“RWD”) repositories of over 1,400 healthcare system and provider sites that currently comprise its iRWDTM network. OneMedNet’s proprietary iRWDTM platform provides secure, comprehensive management of diverse clinical data types, including electronic health records, ECGs, EEGs, prescriptions, physician notes, laboratory results, and uniquely, medical imaging. Employing its robust iRWDTM platform, the Company securely de-identifies, searches, and curates the clinical data, bringing a wealth of internal and third-party research opportunities to its drug, medical device and imaging/diagnostic AI development customers. OneMedNet’s platform is designed to address diverse clinical requirements across various domains, such as rare diseases, central nervous system disorders, oncology, cardiology and women’s health. The Company is committed to delivering precise and robust research support services that span the entire continuum of care. This commitment is a cornerstone of OneMedNet’s strategy to enhance patient outcomes and help pave the next wave of healthcare innovation. For more information, please visit www.onemednet.com . Cautionary Note Regarding Forward-Looking Statements This press release contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections; our growth in revenue and earnings; and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: our ability to change the direction of OneMedNet; our ability to keep pace with new technology and changing market needs; the competitive environment of our business; the timeline for the Company to regain compliance with the listing rules of The Nasdaq Stock Market LLC relating to the timely filing of periodic reports with the SEC; risks inherent with investing in Bitcoin, including Bitcoin’s volatility; and our ability to implement our Bitcoin treasury strategy and its effects on our business. These and other factors may cause our actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking events discussed in this press release and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this press release and other statements made from time to time by us or our representatives might not occur. OneMedNet Contacts: Michael Wong, Director of Marketing Phone: 800.918.7189 Email: michael.wong@onemednet.com SOURCE: ONEMEDNET CORPORATIONNomad Caviar Introduces Ossetra And Kaluga Hybrid Caviar Gift Sets Alongside Smoked Salmon In Hong Kong

FLAGSTAFF, Ariz. (AP) — Trenton McLaughlin scored 23 points as Northern Arizona beat South Dakota 95-82 on Saturday. McLaughlin shot 6 of 14 from the field, including 2 for 7 from 3-point range, and went 9 for 12 from the line for the Lumberjacks (7-3). Jayden Jackson scored 20 points while going 6 of 9 and 7 of 9 from the free-throw line and added seven assists. Monty Bowser had 14 points and shot 6 for 7, including 2 for 3 from beyond the arc. Isaac Bruns led the way for the Coyotes (7-4) with 22 points and seven rebounds. Chase Forte added 15 points, five assists and four steals for South Dakota. Paul Bruns also had nine points. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .

Joe Burrow Is Saddened By His 'Privacy' Being Violated This WeekBrock Purdy will miss Sunday's game for the 49ers with a shoulder injury

BOZEMAN, Mont. (AP) — Tommy Mellott threw for 300 yards and four touchdowns and top-seeded Montana State tied a school record with its 13th straight win, dominating Tennessee-Martin 49-17 on Saturday in the second round of the FCS playoffs. Scottre Humphrey ran for 102 yards and a touchdown, one of three rushing touchdowns for the Bobcats (13-0), who are home next weekend against the winner of Saturday's late game between Lehigh and eighth-seeded Idaho. MSU, which has scored at least 30 points in every game this season, won 13 games in 1975-76. Mellott threw for 178 yards and three touchdowns in the first half and the Bobcats rolled to a 28-10 lead. Mellott had touchdown passes of 24 yards to Hunter Provience and 12 yards to Taco Dowler in the first quarter and 39 yards to Ty McCullouch in the second. McCullouch also had a 6-yard touchdown run. The pass to McCullouch ended a six-play, 73-yard drive that took just 53 seconds, and came immediately after Trevonte Rucker took a pass from Kinkead Dent 78 yards to the end zone that made it 21-10. The Bobcats only allowed only 10 total points in the first half of home games in the regular season. Humphrey had a 36-yard TD run and Mellott hit Dowler for a 29-yard score in the third quarter Adam Jones contributed a 30-yard scoring run in the fourth. Mellott finished 22-of-25 passing and the Bobcats had 501 total yards. Dent threw for 167 yards and two touchdowns, both to Rucker, who had six receptions for 107 yards. The Skyhawks (9-6) finished with 264 yards. AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football . Sign up for the AP’s college football newsletter: https://apnews.com/cfbtop25Electric Taxi Vertiport Market Future of Trends, CAGR and Value Insights for 2024-2031 11-27-2024 10:07 PM CET | Tourism, Cars, Traffic Press release from: SkyQuest Technology Electric Taxi Vertiport Market Electric Taxi Vertiport Market Scope: Electric Taxi Vertiport Market was valued at USD 387.85 million in 2019, and it is expected to reach a value of USD 2342.65 million by 2031, at a CAGR of 29.56% over the forecast period (2024-2031). The study of the global Electric Taxi Vertiport Market is presented in the report, which is a thoroughly researched presentation of the data. The analysis delves into some of the key facets of the global Keyword market and shows how drivers like pricing, competition, market dynamics, regional growth, gross margin, and consumption will affect the market's performance. A thorough analysis of the competitive landscape and in-depth company profiles of the top players in the Electric Taxi Vertiport Market are included in the study. It provides a summary of precise market data, including production, revenue, market value, volume, market share, and growth rate. Request for Sample Copy of this Global Electric Taxi Vertiport Market: https://www.skyquestt.com/sample-request/electric-taxi-vertiport-market The best investment markers are insights into the most prominent market trends, which help potential participants make decisions even easier. The research aims to discover the numerous growth chances that readers may take into consideration and take advantage of using all the necessary information. The market growth over the coming years can be predicted with greater accuracy by carefully examining the important growth-influencing aspects including pricing, production, profit margins, and value chain analyses. Electric Taxi Vertiport Market Segments: Vehicle Type Light Commercial Aircraft, Heavy Commercial Aircraft, Passenger based Aircraft, Cargo Based Multi-Model Aircraft Aircraft type Fixed, Rotary, Delta Major Players Covered in Global Electric Taxi Vertiport Market Report: • Skyports Limited• Lilium• EHang- China• WSP Limited• AirSight• Wisk Aero• Jaunt Air Mobility• Volocopter• • • • • • • • • • • • View report summary and Table of Contents (TOC): https://www.skyquestt.com/report/electric-taxi-vertiport-market Report Inclusions: Market Overview: A product/services overview and the size of the global Keyword market are included. It provides a summary of the report's segmental analysis. Here, the focus is on the product/service type, application, and regional segments. Revenue and sales market estimates are also included in this chapter. Competition: This section includes information on market conditions and trends, analyzes manufacturers, and provides data on average prices paid by players, revenue and revenue shares of individual market players, sales and sales shares of individual players. Company Profiles: This part of the research provides in-depth, analytical information on the financial and business strategy data of some of the top players in the global Keyword market. This chapter of the report also covers a number of other specifics, such as product/service descriptions, portfolios, regional reach, and revenue splits. Region-wise Sales Analysis: This portion of the study provides market data along with regional revenue, sales, and market share analysis. Additionally, it offers estimates for each examined regional market's sales and sales growth rate, pricing scheme, revenue, and other factors. North America (United States, Canada, and Mexico) Europe (Germany, France, UK, Russia, and Italy) Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) South America (Brazil, Argentina, Colombia, etc.) The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa) The research study can answer the following Key questions: (1) What is the estimated size of the global Keyword market at the end of the forecast period? (2) Is the segment-leading the global Keyword market anticipated to retain its leadership? (3) Which regions demonstrate the maximum growth potential? (4) Does any player dominate the global Keyword market? (5) What are the main drivers and restraints in the global Keyword market? Want to customize this report? Ask here : https://www.skyquestt.com/speak-with-analyst/electric-taxi-vertiport-market Table of Contents Chapter 1 Industry Overview 1.1 Definition 1.2 Assumptions 1.3 Research Scope 1.4 Market Analysis by Regions 1.5 Market Size Analysis from 2023 to 2030 11.6 COVID-19 Outbreak: Medical Computer Cart Industry Impact Chapter 2 Competition by Types, Applications, and Top Regions and Countries 2.1 Market (Volume and Value) by Type 2.3 Market (Volume and Value) by Regions Chapter 3 Production Market Analysis 3.1 Worldwide Production Market Analysis 3.2 Regional Production Market Analysis Chapter 4 Medical Computer Cart Sales, Consumption, Export, Import by Regions (2023-2023) Chapter 5 North America Market Analysis Chapter 6 East Asia Market Analysis Chapter 7 Europe Market Analysis Chapter 8 South Asia Market Analysis Chapter 9 Southeast Asia Market Analysis Chapter 10 Middle East Market Analysis Chapter 11 Africa Market Analysis Chapter 12 Oceania Market Analysis Chapter 13 Latin America Market Analysis Chapter 14 Company Profiles and Key Figures in Medical Computer Cart Business Chapter 15 Market Forecast (2023-2030) Chapter 16 Conclusions About Us: SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology. We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization has expanded our reach across North America, Europe, ASEAN and Asia Pacific. Contact: Mr. Jagraj Singh Skyquest Technology 1 Apache Way, Westford, Massachusetts 01886 USA (!) 351-333-4748 Visit Our Website: https://www.skyquestt.com/ This release was published on openPR.

Stargardt Disease Therapeutics Market Size in the 7MM was ~USD 27 million in 2023, which is expected to increase by 2034, estimated DelveInsightLane Crawford Baz & Friends, Uniqlo x Anya Hindmarch, King Fook and Scotch & Soda all have appealing ideas for stylish gifts and cute stocking fillers Treat the little ones to luxury gifts that they will love from a Lane Crawford Baz & Friends plush toy to a quirky pair of puzzle-shaped earrings from King Fook. Then, for dressing up for festive dinners and parties, try a formal and fun mix of Emporio Armani Junior’s silk bow tie with googly-eyed socks from Uniqlo x Anya Hindmarch’s latest collab. 1. King Fook earrings 2. Lane Crawford Baz and Friends plush toy 3. Uniqlo x Anya Hindmarch socks

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Stock market today: Losses for Big Tech pull US indexes lower Losses for big technology stocks pulled major indexes lower on Wall Street. The S&P 500 fell 0.4% Wednesday. The Dow Jones Industrial Average slipped 0.3% from its record high a day earlier, and the Nasdaq composite lost 0.6%. Damian J. Troise And Alex Veiga, The Associated Press Nov 27, 2024 1:06 PM Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message A sign marking the intersection of Wall Street and South Street is shown in New York's Financial District on Tuesday, Nov. 26 2024. (AP Photo/Peter Morgan) Listen to this article 00:05:15 Losses for big technology stocks pulled major indexes lower on Wall Street. The S&P 500 fell 0.4% Wednesday. The Dow Jones Industrial Average slipped 0.3% from its record high a day earlier, and the Nasdaq composite lost 0.6%. Losses for Nvidia, Microsoft and Broadcom were the biggest weights on the market. Dell sank 12.2% after reporting revenue that fell shy of forecasts, and HP dropped 11.4% after giving a weaker-than-expected outlook. Treasury yields fell in the bond market. U.S. financial markets will be closed Thursday for Thanksgiving, and will reopen for a half day on Friday. THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below. Stocks wavered in afternoon trading on Wednesday, as losses for several Big Tech companies offset gains elsewhere in the market. The S&P 500 fell 0.4% in afternoon trading, even though more stocks were rising than falling in the index. The Dow Jones Industrial Average fell 135 points, or 0.3%, as of 3:05 p.m. Eastern time. Both indexes set records on Tuesday. The Nasdaq composite fell 0.5%. Losses for tech heavyweights helped pull the broader market lower. Semiconductor giant Nvidia slipped 1.6%. Its huge value gives it outsized influence on market indexes. Microsoft fell 0.9% Several personal computer makers added to Big Tech's heavy weight on the market following their latest earnings reports. HP sank 11.8% after giving investors a weaker-than-expected earnings forecast for its current quarter. Dell slumped 11.9% after its latest quarterly revenue fell short of Wall Street forecasts. Gains for financial and health care companies helped counter Big Tech's downward pull. Visa rose 0.9% and Thermo Fisher Scientific added 2.3%. The U.S. economy expanded at a healthy 2.8% annual pace from July through September, according to the Commerce Department, leaving its original estimate of third-quarter growth unchanged. The growth was driven by strong consumer spending and a surge in exports. The update follows a report on Tuesday from the Conference Board that said confidence among U.S. consumers improved in November, but not by as much as economists expected. Consumers have been driving economic growth, but the latest round of earnings reports from retailers shows a mixed and more cautious picture. Department store operator Nordstrom fell 8.5% after warning investors about a trend toward weakening sales that started in late October. Clothing retailer Urban Outfitters jumped 19.1% after beating analysts’ third-quarter financial forecasts. Weeks earlier, retail giant Target gave investors a discouraging forecast for the holiday season, while Walmart provided a more encouraging forecast. Consumers, though resilient, are still facing pressure from inflation. The latest update from the U.S. government shows that inflation accelerated last month. The personal consumption expenditures index, or PCE, rose to 2.3% in October from 2.1% in September. Overall, the rate of inflation has been falling broadly since it peaked more than two years ago. The PCE, which is the Federal Reserve's preferred measure of inflation, was just below 7.3% in June of 2022. Another measure of inflation, the consumer price index, peaked at 9.1% at the same time. The latest inflation data, though, is a sign that the rate of inflation seems to be stalling as it falls to within range of the Fed's target of 2%. The central bank started raising its benchmark interest rate from near-zero in early 2022 to a two-decade high by the middle of 2023 and held it there in order to tame inflation. The Fed started cutting its benchmark interest rate in September, followed by a second cut in November. Wall Street expects a similar quarter-point cut at the central bank's upcoming meeting in December. “Today’s data shouldn’t change views of the likely path for disinflation, however bumpy," said David Alcaly, lead macroeconomic strategist at Lazard Asset Management. "But a lot of observers, probably including some at the Fed, are looking for reasons to get more hawkish on the outlook given the potential for inflationary policy change like new tariffs.” President-elect Donald Trump has said he plans to impose sweeping new tariffs on Mexico, Canada and China when he takes office in January. That could shock the economy by raising prices on a wide range of goods and accelerating the rate of inflation. Such a shift could prompt the Fed to rethink future cuts to interest rates. Treasury yields slipped in the bond market. The yield on the 10-year Treasury fell to 4.25% from 4.30% late Tuesday. The yield on the two-year Treasury, which more closely follows expected actions by the Fed, fell to 4.22% from 4.25% late Tuesday. U.S. markets will be closed Thursday for Thanksgiving, and will reopen for a half day on Friday. Damian J. Troise And Alex Veiga, The Associated Press See a typo/mistake? Have a story/tip? This has been shared 0 times 0 Shares Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message More National Business S&P/TSX composite rises Wednesday while U.S. markets move lower Nov 27, 2024 1:24 PM Trump's tariffs would devastate auto sector, raise consumer costs: industry leaders Nov 27, 2024 1:14 PM Industry not consulted on Alberta's plan to challenge federal emissions cap Nov 27, 2024 12:19 PM Featured Flyer

Drones, planes or UFOs? Americans abuzz over mysterious New Jersey sightings

Prime Minister Justin Trudeau was in the hot seat (so to speak) on Thursday, appearing on the latest episode of Hot Ones Quebec . The show, which appears on the streaming platform of Videotron, is a French-language adaptation of Hot Ones, an American YouTube-based show in which celebrities are interviewed while eating increasingly spicy chicken wings. Here’s what we learned from Trudeau’s appearance, which was filmed on Nov. 24. Host Marc-André Grondin joked that he wanted to alert the prime minister’s security team about the name of one of the sauces, called Da’ Bomb, with Trudeau kidding him not to use the name at an airport. Da’ Bomb is rated at 135,600 on the Scoville scale (very hot!) but Trudeau didn’t look concerned as he ate the wing. “You’re very strong,” Grondin said, to which Trudeau replied with a grin: “I like it spicy.” He added: “It burns, I feel it in my mouth, but—” There’s a pause as the heat seems to catch up with him. “It’s true the beer doesn’t help,” he continued, pointing to a pint from which he was drinking. “But it’s good.” “For a certain portion of the population, you’ve kind of become a symbol, seen as responsible for all of the problems on the planet,” Grondin said at one point. “Was there ever a moment when you looked at all this and said: OK that’s it, I’m out?” Trudeau noted: “I see people reacting with so much hate and I’m worried for my children because they all have the name Trudeau. So when you say ‘F–k Trudeau,’ it’s not just me you’re talking to. There’s an anger in the public space right now that worries me.” But he later said: “I think if I thought it was really terrible for my kids I’d no longer be in politics.” Trudeau told Grondin: “I was seven years old when a guy came up to me in the schoolyard to say ‘I don’t like you. My parents didn’t vote for your father and we don’t like you.’” Trudeau was born on Christmas Day, 1971, and his father, Pierre Elliott Trudeau, won elections in 1968, 1972 and 1974 before losing in 1979 and then being re-elected in 1980. He added: “I was 13 when my father quit politics and he quit because he knew being a parent of teenagers was super important, especially as a divorced single parent.” His own son Xavier is now 17, daughter Ella will be 16 in a few months, “and I couldn’t leave politics to be with them. So we’re having moments, they’re teenagers, they go out with their friends, they do silly things, and it’s tough.” “After Donald Trump was elected at the end of 2016, I was with Angela Merkel in Germany,” Trudeau said, referring to the then-chancellor. “She said, ‘What do you think?’ And I said, ‘We’ll see what he’ll be like.’ Then she said, ‘Did you read the Playboy interview?’” Trudeau asked when the interview had run in the magazine, and Merkel told him it was from the 1980s. He told Grondin that he admitted to Merkel: “If I was looking at Playboy in the 1980s it wasn’t to read articles on Donald Trump!” She later sent him the article. “It was interesting to see that already in the 1980s he was saying that we have to put tariffs on Japanese cars, on German cars, that we have to put America first. There’s a real continuity in his political thought. “But you should’ve seen my face when Angela Merkel, the German chancellor, said, ‘So, did you read the article in Playboy?’ I was like: OK, I have to answer this in an honest way.” Our website is the place for the latest breaking news, exclusive scoops, longreads and provocative commentary. Please bookmark nationalpost.com and sign up for our newsletters here .Stock market today: Losses for Big Tech pull US indexes lower Losses for big technology stocks pulled major indexes lower on Wall Street. The S&P 500 fell 0.4% Wednesday. The Dow Jones Industrial Average slipped 0.3% from its record high a day earlier, and the Nasdaq composite lost 0.6%. Damian J. Troise And Alex Veiga, The Associated Press Nov 27, 2024 1:06 PM Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message A sign marking the intersection of Wall Street and South Street is shown in New York's Financial District on Tuesday, Nov. 26 2024. (AP Photo/Peter Morgan) Listen to this article 00:05:15 Losses for big technology stocks pulled major indexes lower on Wall Street. The S&P 500 fell 0.4% Wednesday. The Dow Jones Industrial Average slipped 0.3% from its record high a day earlier, and the Nasdaq composite lost 0.6%. Losses for Nvidia, Microsoft and Broadcom were the biggest weights on the market. Dell sank 12.2% after reporting revenue that fell shy of forecasts, and HP dropped 11.4% after giving a weaker-than-expected outlook. Treasury yields fell in the bond market. U.S. financial markets will be closed Thursday for Thanksgiving, and will reopen for a half day on Friday. THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below. Stocks wavered in afternoon trading on Wednesday, as losses for several Big Tech companies offset gains elsewhere in the market. The S&P 500 fell 0.4% in afternoon trading, even though more stocks were rising than falling in the index. The Dow Jones Industrial Average fell 135 points, or 0.3%, as of 3:05 p.m. Eastern time. Both indexes set records on Tuesday. The Nasdaq composite fell 0.5%. Losses for tech heavyweights helped pull the broader market lower. Semiconductor giant Nvidia slipped 1.6%. Its huge value gives it outsized influence on market indexes. Microsoft fell 0.9% Several personal computer makers added to Big Tech's heavy weight on the market following their latest earnings reports. HP sank 11.8% after giving investors a weaker-than-expected earnings forecast for its current quarter. Dell slumped 11.9% after its latest quarterly revenue fell short of Wall Street forecasts. Gains for financial and health care companies helped counter Big Tech's downward pull. Visa rose 0.9% and Thermo Fisher Scientific added 2.3%. The U.S. economy expanded at a healthy 2.8% annual pace from July through September, according to the Commerce Department, leaving its original estimate of third-quarter growth unchanged. The growth was driven by strong consumer spending and a surge in exports. The update follows a report on Tuesday from the Conference Board that said confidence among U.S. consumers improved in November, but not by as much as economists expected. Consumers have been driving economic growth, but the latest round of earnings reports from retailers shows a mixed and more cautious picture. Department store operator Nordstrom fell 8.5% after warning investors about a trend toward weakening sales that started in late October. Clothing retailer Urban Outfitters jumped 19.1% after beating analysts’ third-quarter financial forecasts. Weeks earlier, retail giant Target gave investors a discouraging forecast for the holiday season, while Walmart provided a more encouraging forecast. Consumers, though resilient, are still facing pressure from inflation. The latest update from the U.S. government shows that inflation accelerated last month. The personal consumption expenditures index, or PCE, rose to 2.3% in October from 2.1% in September. Overall, the rate of inflation has been falling broadly since it peaked more than two years ago. The PCE, which is the Federal Reserve's preferred measure of inflation, was just below 7.3% in June of 2022. Another measure of inflation, the consumer price index, peaked at 9.1% at the same time. The latest inflation data, though, is a sign that the rate of inflation seems to be stalling as it falls to within range of the Fed's target of 2%. The central bank started raising its benchmark interest rate from near-zero in early 2022 to a two-decade high by the middle of 2023 and held it there in order to tame inflation. The Fed started cutting its benchmark interest rate in September, followed by a second cut in November. Wall Street expects a similar quarter-point cut at the central bank's upcoming meeting in December. “Today’s data shouldn’t change views of the likely path for disinflation, however bumpy," said David Alcaly, lead macroeconomic strategist at Lazard Asset Management. "But a lot of observers, probably including some at the Fed, are looking for reasons to get more hawkish on the outlook given the potential for inflationary policy change like new tariffs.” President-elect Donald Trump has said he plans to impose sweeping new tariffs on Mexico, Canada and China when he takes office in January. That could shock the economy by raising prices on a wide range of goods and accelerating the rate of inflation. Such a shift could prompt the Fed to rethink future cuts to interest rates. Treasury yields slipped in the bond market. The yield on the 10-year Treasury fell to 4.25% from 4.30% late Tuesday. The yield on the two-year Treasury, which more closely follows expected actions by the Fed, fell to 4.22% from 4.25% late Tuesday. U.S. markets will be closed Thursday for Thanksgiving, and will reopen for a half day on Friday. Damian J. Troise And Alex Veiga, The Associated Press See a typo/mistake? Have a story/tip? This has been shared 0 times 0 Shares Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message More National Business S&P/TSX composite rises Wednesday while U.S. markets move lower Nov 27, 2024 1:24 PM Trump's tariffs would devastate auto sector, raise consumer costs: industry leaders Nov 27, 2024 1:14 PM Industry not consulted on Alberta's plan to challenge federal emissions cap Nov 27, 2024 12:19 PM Featured Flyer