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“Fed’s Lael Brainard won’t say if inflation has peaked, resists Sept. pause in rate hikes” Federal Reserve Vice Chairwoman Lael Brainard indicated Thursday that it was too early to say whether inflation has peaked — and said the central bank was likely to continue with its plans for aggressive interest rate hikes in the months…
“Gas prices keep soaring to record highs across country” Gas prices across the country keep shooting up with the average nationwide price a now-record $4.67 per gallon. A gallon of regular unleaded gas nationwide jumped 49 cents from a month ago with summer about to get underway, according to AAA. New Yorkers were paying on…
“Hochul’s electric-bill posturing and other commentary” Eye on NY: Hochul’s Electric-Bill Posturing Gov. Kathy Hochul may support “the Climate Leadership and Community Protection Act’s (CLCPA) goals, but she clearly doesn’t want anyone to link her to its costs,” snarks the Empire Center’s James E. Hanley. She “declared it ‘outrageous’ and ‘unacceptable’ ” for utilities “to ask…
“JPMorgan CEO Jamie Dimon warns an economic ‘hurricane’ is coming” JPMorgan Chase boss Jamie Dimon urged investors Wednesday to prepare themselves for turbulence in the market in the weeks ahead – warning that extraordinary financial circumstances were creating a potential “hurricane” for the economy. Dimon, the head of the largest US bank, said factors such…
“Fox anchors confront Biden adviser Gene Sperling over inflation” One of President Biden’s top economic officials grew agitated on Tuesday during a heated spat in which Fox News anchors Sandra Smith and John Roberts pressed for an explanation of why the administration has been unable to cool the inflation slamming US household budgets. The disagreement…
” The more you know about Bitcoin, the more optimistic you are: Block survey “ A survey from digital payment company Block Inc. has found that the higher respondents rated their own level of cryptocurrency knowledge, the more optimistic they are about the future of Bitcoin (BTC). Block surveyed more than 9,500 people from the…
“The US loves a winner, not a whiner, Joe Biden” It is a poor worker who blames his tools, though apparently that wisdom hasn’t reached the Oval Office. That’s where widdle Joey Biden is crying about his predicament and blaming the help. He believes his aides are failing him and it’s their fault he’s as…
“Remember my late husband’s political jokes” I just came across a Nov. 20, 1999, joke column on politics. My late husband, comedian Joey Adams — president of all the actors — wrote it. “The first debate was a dead heat. Al Gore was dead — Bill Bradley was in heat. George Bush had some prior commitment. A Tupperware party. His supporters…
“More travelers worry about gas prices, inflation than COVID” More Americans are concerned about the impact of record-high gas prices and other forms of inflation-fueled price hikes on their summer travel plans than they are about the ongoing COVID-19 pandemic, according to the results of a survey released Tuesday. Some 90% of Americans said gas…
“Movie theaters have popcorn, candy shortages over inflation” Moviegoers flocking back to the cinema this summer after pandemic-induced lockdowns will have to contend with another potential off-screen drama — a shortage of popcorn, candy, soda, and other snacks. Inflation, a tight labor market, and supply chain disruptions are adversely impacting the availability of food and…