Consumer Inflation Eases, Core Remains Hot

Consumer inflation eases in March: core CPI rises 5.6% Y/Y, as expected (00:43). SoftBank (SFTBY) sells most of its remaining Alibaba (BABA) stake amid decline in its technology investment, limiting China exposure (02:34). Newly public Alliance Entertainment (AENT) files for Nasdaq uplisting, offering (08:51).Our links:Wall Street Breakfast:Seeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.Seeking Alpha Premium: A comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks:Alpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Wall Street Breakfast on TwitterShow links:Crude oil jumps after Granholm says U.S. could start to refill reserve this yearMike Fay, BlockChain Reaction: CleanSpark: Production Growth Is On Track3M’s healthcare spinoff may not stay in Minnesota, Star Tribune reportsSo long, HBO name: WBD goes for 'Max' power in merged streaming serviceIBM exploring sale of its weather business - reportBroadcom slips as European agency sends 'statement of objections' over VMware dealTesla to cut prices in Hong Kong by nearly double digit percentages - reportUS GoldMining updates terms for proposed $20M US IPO