The opening week of first-quarter earnings season was billed as a referendum on the state of the U.S. economy, specifically consumer spending. While Wells Fargo didn’t post stellar earnings Friday (April 12) it did vote “yes” on the economic prospects for the balance of 2024. “We continue to see strength in the U.S. economy,” CEO Charlie Scharf said during the company’s […]
Consumers’ total outstanding credit increased by $14.1 billion in February. Revolving credit accounted for $11.3 billion of the increase, while non-revolving credit made up the other $2.9 billion, the Federal Reserve said Friday (April 5) in its monthly report on outstanding consumer credit. “In February, consumer credit increased at a seasonally adjusted annual rate of 3.4 percent,” […]
The wealth effect giveth, and it taketh away. This week’s stock market volatility, and especially Friday (April 12)’s plummet in the wake of big bank earnings, shines a light on the value of stock market holdings. Specifically, it highlights who holds those holdings, and what it all means when we feel flush with cash, until […]
The consumer price index in March was expected to increase 3.4% from a year ago, according to the Dow Jones consensus estimate.
China’s inflation rate slowed in March, official data showed Thursday, as policymakers struggle to jumpstart persistently low spending in the world’s second-largest economy. The consumer price index (CPI) last month edged up by 0.1 percent year-on-year, according to the National Bureau of Statistics (NBS), below the 0.4 percent gain forecast by a Bloomberg poll of […]
At this rate, all Finance Minister Chrystia Freeland has left to do on
September 26, 1926 ~ April 8, 2024 KAPLAN — A Mass of Christian Burial will be held at 11 a.m. on Friday, April 12, 2024 at St. Frances Xavier Cabrini Catholic Church honoring the life of Mae Rose Mire, 97, who died Monday, April 8, 2024 at Kaplan Healthcare Center. She will be laid to rest at Our Lady of the Most Holy Rosary Cemetery with Reverend Stephen Sahayaraj Irudayasamy officiating the services. She is survived by her four sons, Harold Mire and his wife, Mona of Abbeville, Kenneth Mire...
Frantz Fanon’s defenders try to distance him from the of ethos of violence he advocated, even as they embrace his anti-colonialist rhetoric to promote anti-Zionism.
An insider travel guide to the City of Lights – from gilded historic monuments to the glimmering Seine
Canada, under U.S. pressure to boost defense spending, on Monday pledged billions more for the armed forces and said military expenditures would be closer to the NATO target by 2030. In a defense policy update, Prime Minister Justin Trudeau's Liberal government said protecting the Arctic, as well as dealing with
You may want to splurge, but using your tax refund to save for the future or pay down debt is a much better idea — even if not as fun.
In addition to a windstorm on Friday, a fire on the same afternoon at a Calhoun County electrical substation caused thousands of outages, including for about 3,400 customers in nearby Eaton County