Summers Warns Fed on 1970s-Style Mistake With CPI Set to Slow

Close sticky video

Breadcrumb Trail Links PMN Business Former Treasury Secretary Lawrence Summers said he’s concerned that a slowing in headline inflation in upcoming data will prompt the Federal Reserve to conclude its policies are working, when much more action is in fact needed. Author of the article: Bloomberg News Christopher Anstey ivfia)s47){ihg6xzrc]k0fn_media_dl_1.png Bloomberg RSS Article content (Bloomberg) … Read more

First Pitch: Cardinals postponed due to rain, set for double-header Thursday as make up

The Cardinals Wednesday evening game against the Chicago Cubs has been postponed due to rain. The game will be made up Thursday at 12:15pm as part of a double-header with the originally scheduled game still taking place at 6:45PM. _____________________________________________________________ Starting the day winners of four of their last five games, the Cardinals now sit just two … Read more

SpaceX and ULA set to launch on same day in Florida

United Launch Alliance's Atlas V rocket rolls out to the pad at Launch Complex 41 with the SBIRS GEO-6 missile warning satellite built for the Space Force on Tuesday, Aug. 2, 2022.

Space is important to us and that’s why we’re working to bring you top coverage of the industry and Florida launches. Journalism like this takes time and resources. Please support it with a subscription here. — A nearly 200-foot Atlas V rocket rolled out to its pad at Cape Canaveral Space Force Station on Tuesday, setting the stage … Read more

Stephen King is set to testify for the government in books merger trial

PEN literary service award recipient Stephen King attends the 2018 PEN Literary Gala at the American Museum of Natural History on May 22, 2018, in New York. Evan Agostini/Evan Agostini/Invision/AP hide caption toggle caption Evan Agostini/Evan Agostini/Invision/AP PEN literary service award recipient Stephen King attends the 2018 PEN Literary Gala at the American Museum of … Read more

India Set To Get 5G By October: Surprise Announcement After Mega Auction

India Set To Get 5G By October: Surprise Announcement After Mega Auction

Bharti Airtel is the second biggest bidder in the 5G spectrum action. (Representational) New Delhi: The fifth generation (5G) telecom services is likely to be launched in India by October this year as the government on Monday successfully completed the spectrum auction mopping up over Rs 1.50 lakh crore in bids by four companies including … Read more

Jake Paul explains Hasim Rahman Jr. fight cancellation: ‘The pressure starts to set in’

Jake Paul says he knew this would happen from the jump. According to Most Valuable Promotions, Hasim Rahman Jr. deceived the promotion, commission, and Paul about his weight. After Rahman Jr. asked for the bout to shift from cruiserweight (200 pounds) to a contract weight of 215 pounds, the promotion canceled the bout – and … Read more

The Fed’s preferred inflation measure set a new 40-year high in June | CNN Business

Minneapolis CNN Business  —  Another key measure of inflation set a fresh 40-year high in June, a month marked by record-high gas prices. The Personal Consumption Expenditures price index, which measures the change in the prices of goods and services purchased by consumers, rose by 6.8% in June as compared to the same period last … Read more

New Set of Chemical Reactions Could Finally Explain How Life Started on Earth

Once upon a time, when our planet Earth was very young and very new, there was not a single scrap of life on it to be found. Then, somewhere, somehow, some quirk of chemistry happened, and the molecular building blocks of our very first single-celled ancestors emerged: the amino acids and nucleic acids that came … Read more