3 surprising ways to hedge against inflation While the stock market has demonstrated some resiliency in the face of lingering inflation, investors have other opportunities too. 05/4/2024 - 4:16 pm | View Link
NY Fed’s John Williams says 2% inflation target is ‘critical’ for monetary policy New York Federal Reserve Bank President John Williams underscored the importance of the U.S. central bank's 2% inflation target on Friday, calling the Fed's preferred policy tool an essential element ... 05/4/2024 - 3:58 am | View Link
Credit cards are the ‘financing of last resort’ for older adults as inflation persists As inflationary pressures leave older adults with little wiggle room to pay for everyday items and cover emergency costs, credit cards have become the financing method of last resort. As a result, ... 05/4/2024 - 1:32 am | View Link
Fed’s Williams says independence is key to winning fight against inflation New York Federal Reserve President John Williams on Friday said that the U.S. central bank needed independence from the White House in order to get ... 05/4/2024 - 12:01 am | View Link
Gold is overvalued now and won’t help you beat inflation in coming years Recently, gold’s fortunes have changed. The yellow metal has shattered its previous all-time high, soaring above $2,400 an ounce. Yet according to the Erb/Harvey model, gold is as overvalued now as it ... 05/3/2024 - 11:08 pm | View Link
U.S. Inflation Report Consumer Prices Jump Sharply Again in June Prices surged 9.1 percent in June as consumers faced rapidly rising costs for gas, food and rent, a higher-than-expected reading and bad news for Americans at a moment when their wages are falling... 05/3/2024 - 3:10 am | View Link
Inflation in the U.S.: What You Need to Know June 11, 2022. The government reported on Friday that consumer prices climbed 8.6 percent over the year through May, the fastest rate of increase in four decades. Americans are confronting more ... 05/2/2024 - 11:21 pm | View Link
CPI report: Consumer inflation and prices were up again in February ... Despite a healthy job market and a record-high stock market, polls show that many Americans blame Biden for the surge in consumer prices that began in 2021. Though inflationary pressures have significantly eased, average prices remain about far above where they stood three years ago. 05/2/2024 - 11:00 pm | View Link
Inflation, explained: Why prices keep going up and who’s to blame In the United States, prices have climbed 6.2% — the biggest increase since November 1990, and well above the Federal Reserve’s long-term inflation goal of around 2%. 05/2/2024 - 9:19 pm | View Link
What Is Inflation? How Does It Work? – Forbes Advisor The reason is inflation, which describes the gradual rise in prices and slow decline in purchasing power of your money over time. Here’s how to understand... 05/2/2024 - 3:21 pm | View Link
SANTA CLARA – A 5-foot-5 Argentinian No. 10 with a penchant for shredding opponents in the attacking third made his first appearance in the South Bay.
Now Hernán López, the great-nephew of the late soccer legend Diego Maradona who was famous for such plays, hopes to recreate some of that same magic for the last-place San Jose Earthquakes.
During his introductory news conference, López, the 23-year-old midfielder blessed with the legend’s genes and at least a bit of the late Argentinian’s footballing talent, didn’t hesitate to talk about Maradona, who died of a heart attack in 2020 at the age of 60.
“I’m very excited to be here in San Jose, and I wish to represent my uncle well,” said López, who was signed from Argentina’s famed club River Plate in April.
Give dunce caps to the Florida Legislature for flunking one of life’s most obvious lessons.
It’s this: Experience really is the best teacher. That goes double for teachers themselves.
There’s no college prep or other shortcut to knowing what works best with each student and with a classroom as a whole. Teachers learn that only from their students.
Embattled South Florida-based Spirit Airlines saw its stock drop about 10% on Monday after it posted a first quarter net loss of $142.6 million, and blamed the declines on external factors such as “adverse weather and air traffic control related delays,” tough competition from other airlines, and continued civil disorder in Haiti.
The company, which posted a first quarter net loss of $103.9 million in 2023, also said the forthcoming second quarter will look worse than last year.
On Wall Street, investors responded by driving down the price of airline’s common shares to a 52-week low of $3.35 in midday trading.
But top executives declared they’re confident they can execute a financial recovery plan they started after the collapse of JetBlue Airways’ bid to take over Spirit for $3.8 billion.
“While we reported a loss in the first quarter 2024, we are making progress towards our financial goals,” said Ted Christie, Spirit’s President and Chief Executive Officer in a statement.
“The competitive environment remains challenging due to elevated capacity in many of the markets we serve,” he added.
Nathan L. Gonzales | CQ-Roll Call (TNS)
WASHINGTON — It’s going to be difficult for Democrats to maintain control of the Senate, but they have a window of opportunity because of Republicans’ reliance on wealthy outsiders now facing the intense scrutiny of competitive U. S. Senate races.
After a couple disappointing cycles, Republicans are determined to capitalize on yet another opportunity to win the majority by recruiting wealthy challengers who can compete with Democrats’ prolific fundraising.
MIAMI — Speaking for the first time in three years in the wake of a first-round exit by his team, Miami Heat president Pat Riley addressed where his franchise stands during a Monday media session at Kaseya Center.
Included in Riley’s comments:
– Opening with a discussion on change.
– “We have to change some things,” he said.
By DOUG FEINBERG (AP Basketball Writer)
NEW YORK — Miami Hurricanes men’s basketball coach Jim Larrañaga is one of four recipients of this year’s Joe Lapchick Character Award.
Larrañaga has spent the last 53 years coaching in college since he got his start as an assistant at Davidson College in 1971. Larrañaga had stops at American International and Bowling Green before coming to George Mason in 1997.