By Nell Mackenzie LONDON, May 13 (Reuters) – Hedge funds sold single stocks at the fastest pace in five months in the week to May 10, Goldman Sachs said in a client letter, ahead of U.S. inflation figures that could determine global central banks’ next moves. Sellers also outweighed buyers of global equities for the […]
Serving as a school board president requires a deep dedication to ensuring districts have the resources needed to provide every student with a high-quality education. Sadly, that core mission has been challenged by runaway utility costs draining resources from already cash-strapped budgets. School districts such as Oakland and Clovis Unified, for example, are separated by […]
Rory McIlroy is three shots behind leader Xander Schauffele in second place after the first round of the Wells Fargo in Charlotte. The Northern Irishman had a strong start to the tournament with an eagle, three birdies and one bogey through the first nine holes, but slipped with three birdies and three bogeys on the […]
Scientists from the United Nations and the European Union announced Thursday that the first three weeks of July were the three hottest weeks on record and that the month was almost certain to be the warmest in recorded history. “Unless an ice age were to appear all of sudden out of nothing, it is basically […]
May 5—1/1 Swipe or click to see more STAR-ADVERTISER Ed Sniffen Select an option below to continue reading this premium story. Already a Honolulu Star-Advertiser subscriber? to continue reading. Get unlimited access From as low as $12.95 /mo. The first four months of 2024 were marred by 33 deadly collisions on Hawaii roads, including a […]
WASHINGTON (AP) — The American economy likely delivered another solid hiring gain in April, showing continuing durability in the face of the highest interest rates in two decades. The Labor Department is expected to report Friday that employers added a healthy 233,000 jobs last month, down from a sizzling 303,000 in March but still a […]
By Michael S. Derby (Reuters) – The Federal Reserve announced plans on Wednesday to slow the speed of its balance sheet drawdown, after having spent much of the earlier part of the year warning of this shift. The Fed said that starting on June 1 it was reducing the cap on Treasury securities it allows […]
Bitcoin is off 18% from its record high hit in March. – Agence France-Presse/Getty Images Bitcoin is on pace for its worst month in nearly a year and a half — despite the cryptocurrency’s so-called halving event on April 19, which some crypto bulls had hoped would provide a fresh catalyst for a rally. Most […]
Piggy bank with coins and “401K” written in wooden blocks The good news for retirement savers using 401(k) plans and similar workplace retirement accounts is that the improving stock market is raising account balances. The average 401(k) is up by an average of $7,250 – a gain of 9.6% – since the end of 2022, […]
Apr. 25—The Medal of Honor Museum on the North Central Texas College campus won’t be ready to greet visitors this week, but it is getting there. It’s even got a guy to run it now. The college recently hired Tim Hicks to run the museum. He will serve as part of the college faculty, but […]
The US economy grew at its slowest pace in nearly two years last quarter as inflation topped Wall Street estimates. The Bureau of Economic Analysis’s advance estimate of first quarter US gross domestic product (GDP) showed the economy grew at an annualized pace of 1.6%Â during the period, missing the 2.5% growth expected by economists surveyed […]
The US economy grew at a slower pace than expected in the first quarter. The Bureau of Economic Analysis’s advance estimate of first quarter US gross domestic product (GDP) showed the economy grew at an annualized pace of 1.6% during the period, slower than consensus forecasts. Economists surveyed by Bloomberg estimated the US economy grew at an annualized […]