Mortgage Rates Shoot Up on Inflation News Rates on 30-year mortgages jumped up almost two-tenths of a point, to nearly a 4-week high. Every new purchase and refi loan average climbed, many by large margins. 04/11/2024 - 5:49 am | View Link
Every month, economists expect the labor market to slow. Will it ever? Almost every month, economists expect the hot US labor market to start showing signs of exhaustion. Instead, it plows forward full steam ahead. Last month was certainly no exception. Economists ... 04/9/2024 - 12:00 am | View Link
Why We Expect the Job Market’s Slowdown to Renew in 2024 As economic growth reaccelerates over 2025-26, we expect a resumption of the labor market recovery to follow. Despite Strong Jobs Report, Fed Still Seen on Track to Cut Rates After a temporary ... 03/31/2024 - 1:00 pm | View Link
What To Expect From the Fed's Preferred Inflation Gauge This Week "The takeaway from the March meeting of the Federal Open Market Committee [FOMC] is that ... Oxford Economics' Nancy Vanden Houten. "The Fed clearly wants to see more inflation data before cutting." ... 03/27/2024 - 9:09 am | View Link
The Fed Will Lower Interest Rates But By Less Than What Bondholders Expect One feature about the Treasury bond market makes it transparent for investors. They can discern the time profile of Fed funds rates that are priced into the market by looking at Treasury futures. 01/3/2024 - 1:22 am | View Link
On April 24, the Supreme Court will hear arguments weighing whether Idaho politicians have the power to block doctors from giving emergency medical care to patients experiencing pregnancy complications—a case that will open the door for other states to prohibit emergency reproductive care and worsen medical infrastructure for people across the board.
ISLAMABAD — An important ally of Pakistani Prime Minister Shehbaz Sharif demanded the government lift a two-month-old ban on the social media platform X, saying on Friday that it violates citizens’ right to speech and expression.
The ban on X has been in place since February, when the party of imprisoned former Prime Minister Imran Khan announced a nationwide protest against alleged election rigging ahead of the Feb.
A suggestion for the masses: Now would be a good time to check in on your favorite Taylor Swift fan. After months of feverish anticipation, the superstar delivered her 11th studio album, The Tortured Poets Department, on Friday—and Swifities everywhere are losing their minds.
From a neuroscience perspective, the response makes sense.
Get ready to see cicadas everywhere.
More than a trillion of the critters are expected to surface in parts of the United States this year in a rare co-emergence event the likes of which hasn’t been seen in over two centuries.
Known for their deafening mating calls, which can be as loud as lawnmowers, cicadas emerge after more than a decade underground, offering a tasty meal to birds—and even the occasional human.
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That’s right, cicadas, like many insects, have been hailed as an eco-friendly and high-protein alternative to poultry and cattle.
BEIJING — San Francisco is the latest U. S. city preparing to receive a pair of pandas from China, in a continuation of Beijing’s famed “panda diplomacy.”
San Francisco Mayor London Breed announced the panda loan in Beijing on Friday, alongside officials from China Wildlife Conservation Association, or CWCA. It will be San Francisco’s first time hosting the beloved animals long-term—the result of a yearlong advocacy campaign, Breed said.
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San Diego previously announced it was receiving two pandas back in February.
China is home to the only natural habitat for pandas and owns most of the black-and-white bears in the world.
Earlier this month, two Indian writers published an ode to their Prime Minister, Narendra Modi. Written in lyric form and titled “Forever In Our Hearts,” it recounts his achievements while singing his praises in highly effusive language. “With courage and wisdom/you show citizens the way,” it gushes. “Oh Modi, oh Modi/their hopes never sway/A people’s beacon, in whom they see light/Oh Modi, oh Modi, guiding day and night.”
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Such reverence captures the essence of Modi’s popularity.