Top 10 Most Recent Blog Posts

U.S. Refiners Increase Activity Amid High Fuel Demand - Article Image

U.S. Refiners Increase Activity Amid High Fuel Demand

Category: Markets Total Views: 14
By : Caleb Price Updated: 07-12-2024
Oil Prices Rise Amid Easing U.S. Inflation Friday's oil prices rose in response to indications of American, the world's biggest oil user's inflation slowing down. U.S. West Texas Intermediate crude climbed by 85 cents to $83.47 per barrel; Brent crude rose by 72 cents. Over the past two sessions, both benchmarks showed increases. Still, Brent futures were set for a weekly drop of roughly 1% following four weeks of increases. Rising prices coincided with declining consumer prices i... Continue Reading
Labor Market Softening as Job Openings Decline - Article Image

Labor Market Softening as Job Openings Decline

Category: Markets Total Views: 277
By : Riley Hayes Updated: 07-11-2024
Drop in New Unemployment Applications Surpasses Expectations Last week's total of Americans submitting fresh unemployment benefit applications dropped more than expected. Beginning claims for state unemployment benefits dropped by 17,000 to a seasonally adjusted 222,000 for the week ending July 6. Since late May, this figure shows the lowest level. A Reuters poll showed economists had projected 236,000 claims. Though it aligns with the Independence Day holiday, which usually causes fluctu... Continue Reading
Housing Inflation Persists Amid Economic Cooling - Article Image

Housing Inflation Persists Amid Economic Cooling

Category: Real Estate Total Views: 249
By : Hannah Lewis Updated: 07-11-2024
Persistent Housing Inflation Amidst Broad Economic Cooling While the larger American economy has shown notable cooling from peak epidemic levels, housing inflation has stayed high. Reducing the consumer price index (CPI) to targets for policymakers depends mostly on this slow drop in housing costs, which presents a challenge. Comprising 36% of the CPI, housing represents a higher proportion than food and energy. Consequently, movements in shelter prices have a big influence on general inflati... Continue Reading
Moderate Growth Expected by Central Banks in Coming Years - Article Image

Moderate Growth Expected by Central Banks in Coming Years

Category: Economy Total Views: 265
By : Addison Perry Updated: 07-11-2024
Geopolitical Conflicts: A Major Risk to Global Economy By central bank reserve managers, geopolitical conflicts are considered as the most major threat to the world economy. An annual UBS Asset Management survey indicates that the main risk identified by 87% of respondents is growing geopolitical tensions. These conflicts provide a significant obstacle even with a generally good economic picture. Overlooking almost $15 trillion in assets, reserve managers are worried about possible disruption... Continue Reading
Unexpected Drop in U.S. Consumer Prices for June - Article Image

Unexpected Drop in U.S. Consumer Prices for June

Category: Economy Total Views: 247
By : Lucas Young Updated: 07-11-2024
Surprising June U.S. Consumer Price Drop U.S. consumer prices dropped rather suddenly in June. This was a big change from the data of the previous month. After not changing in May, the Consumer Price Index (CPI) sank 0.1%. Many economists who had expected a modest rise were taken aback by this fall. The CPI drop points to a possible inflation cooling. The news strengthens the conviction that the trend of disinflation is starting to pick speed. This surprising decline can affect next economic ... Continue Reading
How Hospitals Can Reduce Overhead Costs - Article Image

How Hospitals Can Reduce Overhead Costs

Category: Business Total Views: 265
By : Evelyn Baker Updated: 07-11-2024
Effective Strategies for Reducing Hospital Overhead Costs Three years of caring for more than 6 million COVID patients have taken their toll on the American health system. Related rising costs made 2022 the most challenging year for hospitals financially. Since then, things have never really looked better, especially considering the increased inflation and labor shortages.  While there are some signs of recovery, the healthcare sector has several overhead expenses. These account for n... Continue Reading
Fed Chair Powell Reaffirms Independence in Rate Decisions - Article Image

Fed Chair Powell Reaffirms Independence in Rate Decisions

Category: Stocks Total Views: 407
By : Evelyn Baker Updated: 07-10-2024
Fed Chair Powell Affirms Independence in Rate Decisions Chair Jerome Powell of the Federal Reserve underlined the Fed's dedication to base its interest rate decisions on economic data rather than political ones. He gave the House Financial Services Committee his assurance: risk assessments and economic data alone direct the central bank's activities. Powell underlined the Fed's long history of preserving independence, particularly in relation to election years. He underlined that ... Continue Reading
NBA Lands $76B Broadcasting Deal, Expands Media Partnerships - Article Image

NBA Lands $76B Broadcasting Deal, Expands Media Partnerships

Category: Business Total Views: 376
By : Owen Jenkins Updated: 07-10-2024
NBA Seals $76 Billion Broadcasting Deal The National Basketball Association has signed a ground-breaking $76 billion broadcasting agreement. With 11 seasons under this contract, the league's broadcasting income will rise noticeably. Tripling the value of the present agreement highlights the rising significance of sports media rights. The NBA and its clubs should stand to gain significantly financially from this new contract. The league wants to maximize returns and leverage its appeal dri... Continue Reading
S&P 500 and Nasdaq Hit Fifth Consecutive Record Highs - Article Image

S&P 500 and Nasdaq Hit Fifth Consecutive Record Highs

Category: Markets Total Views: 396
By : Logan Wright Updated: 07-10-2024
Fifth Consecutive Intraday Records for S&P 500 and Nasdaq For the fifth day in running, the S&P 500 and Nasdaq set intraday records. For first time, the S&P 500 exceeded 5,600. This run emphasizes the excellent performance of important sectors. Expectations of a September interest-rate reduction have helped investor mood. Recent remarks by Federal Reserve Chair Jerome Powell have stoked these hopes. Participants in the market are hopeful about steady increase. The constant record-... Continue Reading
Signs It's Time to Seek Help from a Financial Planner - Article Image

Signs It's Time to Seek Help from a Financial Planner

Category: Personal Finance Total Views: 440
By : Dylan Bailey Updated: 07-10-2024
Introduction to Financial Planning Financial planning is an important aspect of managing your finances and securing your future. If you have just, or are in the process of major life changes, hitting career milestones, or simply trying to achieve your financial goals, seeking help from a financial planner can make a significant difference. Here are some signs that it's time to start thinking about professional financial advice. Major Life Changes Marriage or Partnership Combining... Continue Reading