1) As the market seems to head sky high, where exactly is the economy? The Bureau of Labor Statistics is scheduled to release the closely watched Consumer Price Index, a key inflation gauge, at 8:30 a.m. Thursday. A consensus of economists expects the overall CPI to fall 0.3 percent, but the core rate, excluding food and energy, to rise 0.2 percent.
2) It's a huge night for New York sports fans, with the Knicks-Pacers continuing their NBA playoff series with Game 5 and the Rangers heading into Game 1 of the Eastern Conference semifinals. The Rangers face off against the Bruins in Boston at 7:30 p.m., as the Blueshirts continue their quest to get to the Stanley Cup. The Knicks and Pacers tip off at 8 p.m. The Pacers lead the best-of-seven series 3-1.
3) At 11 a.m., Democrats on the Westchester County Board of Legislators will appear at Rye Playland to make an announcement about the Westchester Children's Museum, which has proposed moving into the county-owned amusement park's North Bathhouse. The lawmakers have long promoted the museum as a great way to enhance the aging park. But County Executive Rob Astorino, a Republican, has resisted giving the museum permission to move into the park until the nonprofit he's tapped to manage the park, Sustainable Playland, has made more progress in its plans to refurbish the site.
4) The Rockland Boulders open their season at home against the Newark Bears. This is the independent-league baseball team's third season at Provident Bank Park in Pomona. The Boulders led the Can-Am League in attendance in 2012 with 161,375 people coming to the 50 home games, up from 123,704 in 2011. First pitch is at 7 p.m.
5) Texas officials will release the results of an investigation into last month's fertilizer plant explosion in West, Texas. The blast left 14 people dead and destroyed sections of the small town.