大象传媒

US inflation fell to 5% last month 鈥� the lowest rate since May 2021. March鈥檚 monthly consumer price index 鈥� which measures the price of a 鈥榖asket鈥� of goods and services 鈥� continued its steady decline from its peak of just over 9%. It prompted US President Joe Biden to tweet that: 鈥淚nflation has come down 45% since its summer peak. Gas prices are down, and grocery prices fell last month for the first time since September 2020鈥�. But the slowdown is not expected to sway officials at the Federal Reserve, who set interest rates. Economists are still expecting an increase.

Also in the US - some ambitious new targets have been announced for cutting greenhouse gas emissions from cars. The Environmental Protection Agency wants two-thirds of all new vehicles to be electric within a decade. It's the latest step by the Biden administration to push for the mass adoption of EVs. Last year, electric vehicles made up about six percent of the American market so there's a long way to go to hit those targets. Are they realistic?

And, do you fancy buying a dinosaur skeleton? If you do next week is your big chance. The full skeleton of a T-Rex goes to auction in Switzerland. But you will need a minimum of around $5 million if you fancy bidding. There is, however, some concern about the whole ethics of selling off such rare fossils. Will the public ever get to see it in future - or will fossil ownership simply become another rich person's toy?

(Photo: President Biden during his visit to Ireland. Credit: Getty Images)