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Disney reveals more floats for new Magic Kingdom parade

Disney reveals more floats for new Magic Kingdom parade

Walt Disney World again has shared updates on the nighttime parade slated to debut this summer at Magic Kingdom, so it may be a good time to recap what we know – and don’t know yet – about “Disney Starlight: Dream the Night Away.”

The parade was announced at a gathering of D23, Disney’s official fan club, last summer. “Starlight” will be the first nighttime parade in the theme park since October 2016, when the Main Street Electrical Parade wrapped its WDW run.

“There’s something so special about a nighttime show inside a Disney park. It’s a tradition that goes back more than 50 years to the Main Street Electrical Parade,” Michael Hundgen, Walt Disney World portfolio executive producer with Walt Disney Imagineering, said at a D23 session in Brazil last year.

“This new show, ‘Disney Starlight,’ will add to that legacy,” he said. “It uses the latest technology to tell all new stories with the characters that everybody absolutely loves.”

Judging from the illustrations of the ‘Starlight’ floats from Disney provided, the parade appears to be populated by old-school princesses and modern animated-movie characters. read more

US inflation cooled last month, though trade war threatens to lift prices

US inflation cooled last month, though trade war threatens to lift prices

By CHRISTOPHER RUGABER, Associated Press Economics Writer

WASHINGTON (AP) — U.S. inflation slowed last month for the first time since September and a measure of underlying inflation fell to a four-year low, even as widespread tariffs threaten to send prices higher.

The consumer price index increased 2.8% in February from a year ago, Wednesday’s report from the Labor Department showed, down from 3% the previous month. Core prices, which exclude the volatile food and energy categories, rose 3.1% from a year earlier, down from 3.3% in January. The core figure is the lowest since April 2021.

The declines were larger than economists expected, according to a survey by data provider FactSet. Yet they remain higher than the Federal Reserve’s 2% target. And most economists still expect inflation will remain elevated this year as Trump’s tariffs kick in.

“Today’s cooler-than-expected reading was a breath of fresh air,” Ellen Zentner, chief economic strategist at Morgan Stanley Wealth Management, said. Yet she cautioned that the Fed is likely to keep its key rate unchanged for now until it sees further evidence of how the White House’s trade and immigration policies affect the economy. read more

Trump’s 25% tariffs on all steel and aluminum imports go into effect

Trump’s 25% tariffs on all steel and aluminum imports go into effect

By JOSH BOAK, PAUL WISEMAN and ROB GILLIES, Associated Press

WASHINGTON (AP) — President Donald Trump officially increased tariffs on all steel and aluminum imports to 25% on Wednesday, promising that the taxes would help create U.S. factory jobs at a time when his seesawing tariff threats are jolting the stock market and raising fears of an economic slowdown.

Trump removed all exemptions from his 2018 tariffs on the metals, in addition to increasing the tariffs on aluminum from 10%. His moves, based off a February directive, are part of a broader effort to disrupt and transform global commerce. The Republican president has separate tariffs on Canada, Mexico and China, with plans to also tax imports from the European Union, Brazil and South Korea by charging “reciprocal” rates starting on April 2.

EU retaliates against Trump’s trade moves and hits beef, whiskey, motorcycles with targeted tariffs

EU retaliates against Trump’s trade moves and hits beef, whiskey, motorcycles with targeted tariffs

By LORNE COOK and DAVID McHUGH, Associated Press

BRUSSELS (AP) — The European Union on Wednesday announced retaliatory trade action with new duties on U.S. industrial and farm products, responding within hours to the Trump administration’s increase in tariffs on all steel and aluminum imports to 25%.

The world’s biggest trading bloc was expecting the U.S. tariffs and prepared in advance, but the measures still place great strain on already tense transatlantic relations. Only last month, Washington warned Europe that it would have to take care of its own security in the future.

The EU measures will cover goods from the United States worth some 26 billion euros ($28 billion), and not just steel and aluminum products, but also textiles, home appliances and agricultural goods. Motorcycles, bourbon, peanut butter and jeans will also be hit, as they were during President Donald Trump’s first term.

The EU duties aim for pressure points in the U.S. while minimizing additional damage to Europe. EU officials have made clear that the tariffs — taxes on imports — are aimed at products made in Republican-held states, such as beef and poultry from Kansas and Nebraska and wood products from Alabama and Georgia. read more

SpaceX launch sets up long-delayed trip home for Boeing Starliner astronauts

SpaceX launch sets up long-delayed trip home for Boeing Starliner astronauts

The astronauts left behind on the International Space Station when NASA sent the Boeing Starliner home are expected to return to Earth in the coming days.

Wednesday’s 7:48 p.m. departure of a SpaceX Falcon 9 rocket topped with a Crew Dragon Endurance spacecraft marks the final portion of a long odyssey for NASA astronauts Butch Wilmore and Suni Williams, who docked at the space station last June for a planned eight-day stay, and have been there ever since. They could be home as early as Sunday, but NASA won’t announce target times until Crew-10 arrives to the station.

The pair were stranded by safety concerns with the Starliner, which returned to Earth without crew. Then their extended stay became a focus for President Trump and SpaceX founder Elon Musk, leading to accelerated timing for the Crew-10 mission.

Space Launch Delta 45’s weather squadron forecast a better than 95% chance for good conditions at the launch site Wednesday. The first-stage booster is scheduled for a recovery landing at Cape Canaveral — meaning parts of Central Florida could be in store for sonic booms. read more