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FEBRUARY 13, 2024 What to Watch in the CPI Report: Will Inflation Fall Below 3%? Inflation cooled to 3.1% in January, while underlying prices ticked up slightly more than expected. Economists polled by The Wall Street Journal expected the Labor Department’s monthly inflation report would show that overall consumer prices were up 2.9% in January from a year earlier. That would mark...
FEBRUARY 13, 2024 "They get much older, much faster as a result of living in a social media world," Yanis Varoufakis said of Gen Z. Claire Savage/AP Photo An economist said Gen Z has no work-life separation because of social media. Yanis Varoufakis said everything Gen Z posts online can be used against them in job interviews. Some experts recommend...
FEBRUARY 12, 2024 Russian President Vladimir Putin at the Kremlin in Moscow on Tuesday. Alexander Kazakov, Sputnik, Kremlin Pool Photo via AP Putin has relied on historical borders to argue Ukraine is part of Russia and to justify the war. Mongolia's former president shared a map of the Mongol Empire, which included parts of Russia. "After Putin's talk. I found...
FEBRUARY 11, 2024 The Federal Reserve’s pushback on expectations for interest-rate cuts over the past two weeks has investors closing watching inflation data and piling more cash into money-market funds. Investors stashed a record $6.48 trillion away in U.S. money-market funds through the end of January, with the balance growing as euphoria in December over a Fed policy pivot fizzled, according...
FEBRUARY 11, 2024 Jamie Dimon is sounding the alarm over national debt and the issues it could cause for markets down the line—but how worried should consumers be? - Tom Williams—CQ-Roll Call, Inc/Getty Images In the late 19th century Alexander Hamilton wrote "national debt, if it is not excessive, will be to us a national blessing." A nice idea in theory,...
FEBRUARY 10, 2024   Bill Gates arrives for a press conference to launch the Global Polio Eradication Initiative at the European Commission’s Berlaymont headquarters in Brussels on October 11, 2023. - Simon Wohlfahrt | Afp | Getty Images If Bill Gates met a time traveler from the year 2100, his first question wouldn’t be about his family, or Microsoft’s stock price. Instead, he’d...
FEBRUARY 10, 2024 Question: I am 76 and a US citizen living overseas. I get $11,000 in Social Security and have liquid assets of $450,000. I estimate my life expectancy is about 15 more years. If a financial adviser would do a one-time consultation, what it would cost and what issues should I consider? Answer: Pros say it probably doesn’t hurt...
FEBRUARY 10, 2024 Clues have emerged that reveal a much hotter history than we thought. - Surasak Suwanmake - Getty Images The Paris Climate Accords in 2015 set an ambitious (and necessary) goal of keeping global temperatures at 1.5 degrees Celsius above pre-industrial temps. But a new study says we might’ve blown past that threshold several years ago. A new...
FEBRUARY 10, 2024 In a combination of pictures created on Oct. 22, 2020, the GOP's Donald Trump, left, and Democratic candidate Joe Biden during the final presidential debate at Belmont University in Nashville, Tennessee. Your choices, America, are as follows: Either you vote for “a sympathetic, well-meaning, elderly man with a poor memory” (words of the recent special counsel report on...
FEBRUARY 9, 2024 Pakistan's Former Prime Minister Nawaz Sharif, center, addresses supporters next to his brother Shehbaz Sharif, right, and daughter Maryam Nawaz following initial results of the country's parliamentary election, in Lahore, Pakistan, Friday, Feb. 9, 2024. Sharif is changing tack and said on Friday that he will seek to form a coalition government after his party trailed the...