Wall Street capped off another choppy day of trading Wednesday with modest gains for the major stock indexes, after investors combed the minutes from the Federal Reserve’s most recent interest rate policy meeting for clues about what the central bank may do next to fight inflation. The S&P 500 rose …
Read More »“Free” screening? Know your rights to get no
An ounce of prevention … well, you know the rest. In medicine, prevention aims to spot problems before they worsen, affecting both a patient’s health and finances. One of the more popular parts of the Affordable Care Act, which allows patients to get certain tests or treatments without forking out …
Read More »Will Smith wins Best Actor at BET Awards for “King Richard,” three months after Oscars slap
Will Smith has won another Best Actor award for his role as Richard Williams in “King Richard” – this time, at the BET Awards. Last night’s win did not generate as much of a spectacle as Smith’s Oscar award, as he has been keeping a low profile and did not …
Read More »Riley Whitelaw, teen found dead in Walgreens break room, worried about coworker Joshua Johnson, affidavit says
A 17-year-old Colorado Springs girl whose body was found inside the Walgreens store where she worked had expressed concerns about a 28-year-old coworker who made her uncomfortable because he had a crush on her, according to a police affidavit used to secure the man’s arrest in connection with her death. …
Read More »Transcript: Loretta Mester on “Face the Nation,” June 19, 2022
The following is a transcript of an interview with Loretta Mester, president and CEO of the Federal Reserve Bank of Cleveland, that aired Sunday, June 19, 2022, on “Face the Nation.” MARGARET BRENNAN: There are just 12 people who get to vote on whether to adjust interest rates and by …
Read More »Mortgage rates in the U.S. jump by most in 35 years
Average long-term U.S. mortgage rates had their biggest one-week jump in 35 years with the Federal Reserve this week raising its key rate by three-quarters of a point in bid to tame high inflation. Mortgage buyer Freddie Mac reported Thursday that the 30-year rate climbed from 5.23% last week to …
Read More »Smaller boxes in the cereal aisle? Say hello to shrinkflation.
It’s the inflation you’re not supposed to see. From toilet paper to yogurt and coffee to corn chips, manufacturers are quietly shrinking package sizes without lowering prices. It’s dubbed “shrinkflation,” and it’s accelerating worldwide. In the U.S., a small box of Kleenex now has 60 tissues; a few months ago, …
Read More »Suspected “pillowcase rapist” Robert Koehler linked by DNA to series of rapes in the 1980s: “He didn’t kill me — but he did kill me”
Advanced DNA technology helped detectives link the cases of six women to a man accused of being the “pillowcase rapist” for a string of rapes back in the 1980s. Robert Koehler is currently jailed in neighboring Miami-Dade County, where he faces charges for assaulting a woman in the early …
Read More »Biden responds to Elon Musk’s economic doubts: “Lots of luck on his trip to the moon”
President Biden on Friday responded to Elon Musk‘s recent doubts about the U.S. economy, saying he wished the Tesla CEO “lots of luck on his trip to the moon.” According to Reuters, Musk said in an email to Tesla executives Thursday he has a “super bad feeling” about the economy …
Read More »Michael Todd Hill, North Carolina man who won $10 million lottery prize, sentenced to life in prison for fatal shooting of girlfriend
A North Carolina man who won a $10 million lottery prize in 2017 has been sentenced to life in prison without the possibility of parole in the 2020 fatal shooting of his girlfriend. The News & Observer reports that Michael Todd Hill, 54, of Leland, was convicted of first-degree murder …
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