Inflation

Jamie Dimon says the Fed's bond-buying pullback is an unprecedented headwind for markets - and no one know what its effects will be

Jamie Dimon said the US economy remains strong. Chip Somodevilla/Getty Images Jamie Dimon said the Fed's planned cuts to its bond holdings are a headwind markets "have never...
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10 things before the opening bell

32 minutes ago | Business Insider

G'morning, readers. Two of the biggest Wall Street firms are forecasting stormy markets to come - but one top analyst is far more optimistic thanks to his outlook on labor...
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Klarna's CEO used a pre-recorded video message to tell employees around 700 of them were being laid off

32 minutes ago | Business Insider

Klarna's valuation has slumped by about one-third since mid-2021. Shutterstock Klarna, a "buy now, pay later" fintech, said Monday it will lay off 10% of its employees. CEO...
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Ben Bernanke's Lessons From 'The Great Inflation'

57 minutes ago | NPR

In a new book, Ben Bernanke explains how and why the U.S. Federal Reserve has evolved to play such an important role in the economy.
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Today's mortgage and refinance rates: May 24, 2022 | Rates remain below 5%

1 hour ago | Business Insider

Mortgage rates have been holding steady below 5% for the past few days. After months of continued increases, rates have been less predictable in recent weeks. "The fluctuations...
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Why Has the CPI Inflation Calculation Changed Over Time?

1 hour ago | NY Times

As prices soar, some critics are raising doubts about the official inflation figures. But many economists say the figures are an accurate snapshot of rising prices.
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In Colorado, Bennet braces for another red wave

2 hours ago | Politico

How precarious is Senate Democrats' majority? Just ask Colorado's Michael Bennet. The low-key Democratic senator hails from a state that President Joe Biden won by 13 points...
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Sacramento police offered $50 gas gift cards to people who turned in their guns - and they were flooded with demand as gas hits $6 a gallon

6 hours ago | Business Insider

California gas prices are at record highs. Li Jianguo/Xinhua via Getty Images The Sacramento Police Department offered $50 gas gift cards to people who turned in their...
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Letters to the editor

7 hours ago | Boston Herald

Biden policies On day one President Biden shut down the Keystone pipeline and his inept crew was stunned that gas prices and prices in general soared and he was forced to beg...
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Democrats bracing for gloomy midterm election

10 hours ago | NBC News

With the midterm election season heating up, tensions mount inside the Democratic party and White House with growing crises, including President Biden's handling of the border...
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Massive fire engulfs Maine resort

A massive fire damaged the Beach Cove Waterfront Resort in Boothbay Harbor, Maine, on Monday night. Read more ...

Ben Bernanke's Lessons From 'The Great Inflation'

In a new book, Ben Bernanke explains how and why the U.S. Federal Reserve has evolved to play such an important role in the economy. Read more ...

Firefighters Association is getting a new building

To celebrate its 150th anniversary, the Firefighters Association of the State of New York is getting a new building. Read more ...

New Albany Nanotech leader ready for industry expansion

Longtime chip industry executive David Anderson's appointment probably doesn't concern the average Capital Region resident too much, it signals the start of a new era of growth... Read more ...

Police probe break-in at Schenectady school as neighbor raises concerns

The Schenectady school district said between $5,000 and $10,000 worth of iPads were stolen from the Martin Luther King Jr. School of Excellence at 918 Stanley St., likely by... Read more ...

As OTAs get underway, QB Lamar Jackson is again among Ravens' most...

After a five-month wait, the Ravens are finally starting to get back to game speed. Rookies and veterans will report Tuesday to the team facility in Owings Mills for the first... Read more ...

Kissinger says Ukraine must give up land to Russia, warns West not to seek...

Former Secretary of State Henry Kissinger speaks during the Department of State 230th Anniversary Celebration at the Harry S. Truman Headquarters building July 29, 2019 in... Read more ...

A lumber manufacturer faces a near-$54,000 fine after a worker was struck by...

A 45-year-old worker suffered fatal injuries after a forklift struck her as she walked across a lumber shipping yard operated by Sunbelt Forest Products, the DOL said... Read more ...

Earthquake rattles New Hampshire town

According to the U.S. Geological Survey, an earthquake struck in Wolfeboro around 12 a.m. Tuesday. Read more ...

Joe Biden Says No Change in U.S. Ambiguity on Taiwan Defense

A day earlier, the president seemed to pledge a military defense of Taiwan which broke with four decades of deliberate uncertainty about an American response. Read more ...