Author: super@dmin
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: Most Americans are happy with their own lives, not the country’s direction — but money makes a difference in that view
The pandemic has put income inequality on stark display
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Encore: Have we undercounted or overcounted COVID-19 deaths?
The increase in deaths in 2020 and 2021 far exceeds deaths attributed to COVID
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The Fed: Fed’s Daly backs ‘gradual’ pace of rate hikes
San Francisco Fed President Mary Daly said Monday that only gradual rate hikes are needed because the central bank is not behind the curve on inflation.
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The Fed: Fed’s George calls for sharp reduction in size of bank’s $8.9 trillion balance sheet
The chief of the Kansas City Federal Reserve on Monday said the U.S. central bank should raise interest rates soon and move promptly to pursue a “significant” reduction in its nearly $9 trillion stockpile of bonds.
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: Exxon to combine chemical, refining business in major cost-cutting reorganization
Exxon Mobil Corp. on Monday unveiled sweeping changes in the way it does business in order to cut costs, combining its chemicals and refining divisions under one umbrella and moving headquarters to Houston.
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Financial Crime: Texas biology professor charged with illegally smuggling exotic animal parts into U.S.
Richard Kazmaier allegedly imported wildcat, rare bird, otter and monkey skulls and taxidermy without any permits.
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Economic Report: U.S. economy gets off to slow start in 2022, so don’t expect big GDP gain
Don’t expect another big spurt of “growth” in the U.S. economy in the first three months of 2022. It’s shaping up to be a slow start to the new year.
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Market Snapshot: What to expect from markets in the next six weeks, before the Federal Reserve revamps its easy-money stance
Federal Reserve Chairman Jerome Powell is giving investors another six weeks to envision a future where interest rates start to climb and its balance sheet dramatically shrinks. Expect a lot of swings in markets until then.
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Project Syndicate: The Fed is determined to stop wages from rising
Workers will pay for the Fed’s fight against inflation
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Deep Dive: These 7 semiconductor stocks may be close to a bottom. This chart pattern shows when and how much they might rebound.
Analysts at Jefferies see chip makers’ stocks peaking, bottoming and then roaring back, which may soon be repeated.