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Dow Jones Today: Stock Futures Higher as PCE Shows Inflation Cooling – Investopedia

Stocks rose in early trading on Friday after a Federal Reserve-backed inflation gauge showed price pressures easing in May, strengthening Wall Street’s expectations for at least one interest rate cut later this year. The Nasdaq Composite rose 0.5%, the S&P 500 rose 0.4% and the Dow Jones Industrial Average added 0.2%. The personal consumption expenditures […]

Want Better Higher Ed? Get the Feds Out

Estimated Reading Time: 5 minutes Two things seem like they should go without saying: People use their own money more efficiently than they use someone else’s, and the more you subsidize a thing the more of it you tend to get. Both profoundly apply to American higher education, a teetering tower of ivory made simultaneously […]

Chronically lonely older adults face higher stroke risk: study

Older adults who experience chronic loneliness have a 56% higher risk of stroke than those who are not lonely. According to a new study from the Harvard T.H. Chan School of Public Health:. Surgeon General Dr. Vivek Murthy last year called attention to the epidemic of loneliness and social isolation across the country, warning that […]

Nearly Half Of Americans Struggling Because Of Higher Prices

Estimated Reading Time: 2 minutes Nearly half of Americans report that the recent spike in inflation is making it harder to make ends meet, according to a new poll. Monmouth University released a poll Wednesday showing 46% of Americans are “currently struggling to remain where they are financially.” That figure is the highest point recorded by […]

Covid Deaths In The U.S. Are Higher Than Last Year At Same Time

Estimated Reading Time: 2 minutes Editors’ Note:  There are likely multiple reasons why Trump lost the election (if indeed he actually did). Chief among them was the public concern about Covid and the pledge by Democrats that “they have a plan”, even though the plan is mostly mass vaccination, which began well before under Trump. […]

More Americans lost their homes in May as foreclosures move higher

Real estate agent Kirsten Jordan breaks down the challenges homebuyers face and shares her predictions for the housing market in “Cavuto: Coast to Coast.” Home foreclosures rose again in May as Americans continue to foreclose Cost of living crisis. That’s according to a new report from real estate data provider ATTOM, which found that there […]

Americans’ inflation expectations creep higher again, key NY Fed survey shows

Former Kansas City Federal Reserve Bank President Thomas Honig responded to Jerome Powell’s comments on “Cavuto Coast to Coast” that the Fed isn’t ready to start cutting interest rates. Americans are bracing for continued high inflation for the next few years, according to a major survey released Monday by the Federal Reserve Bank of New […]

Jobless claims tick higher ahead of critical May jobs report

Claims for jobless benefits rose to a four-week high last week, ahead of May’s employment report, which will be key data for the Federal Reserve as it considers whether to start cutting interest rates this year. The Labor Department said Thursday that new initial claims for unemployment benefits rose by 8,000 to 229,000 for the […]