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Federal Reserve Turns Focus to Inflation as Job Market Stabilizes

April’s report showed employers added more jobs than expected, supporting the central bank’s view that it can afford to hold interest rates steady.

First seen · 2:10 PM UTCMay 8, 2026

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The New York Times
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Federal Reserve Turns Focus to Inflation as Job Market StabilizesApril’s report showed employers added more jobs than expected, supporting the central bank’s view that it can afford to hold interest rates steady.
2:10 PM UTC

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Victory in Europe Day

May 8th, 1945, marked the unconditional surrender of Nazi Germany — the end of World War II in Europe after nearly six years of conflict. Street celebrations erupted from London to Moscow. In Germany the same date is called Tag der Befreiung, Liberation Day, a reminder that the same event carries different meaning depending on where you stood.