Federal Reserve Chairman Jerome Powell repeated his pledge Friday to keep the economic expansion going while acknowledging that tariffs and other factors are causing growth to slow. In his annual remarks at the central bank’s Jackson Hole symposium, Powell, while not saying specifically where thought rates should go, pledged that the Fed “will act as
In the early 2000s, professional poker reached new heights in popularity. Between ESPN, the 1998 movie “Rounders,” and Chris Moneymaker’s out-of-nowhere win at the 2003 World Series of Poker, the lure of turning professional and earning millions brought many to Las Vegas. Poker, however, is a game where players can go long periods without a
St. Louis Federal Reserve President James Bullard said Friday the central bank should continue to ease monetary policy because of the recession signal being flashed by the bond market. “The yield curve is inverted here. We’ve got one of the higher rates on the yield curve here. That’s not a good place to be,” Bullard told CNBC’s
Purdue University Michael Hickey/Getty Images Venture capitalists, colleges and politicians are working to make income sharing agreements the norm on campuses. Consumer advocates are sounding the alarm. Under these types of agreements, students forfeit a slice of their future income in exchange for money to pay for college. The contracts are often framed as a
Source: Stock.Adobe.com There is an old line about a ballplayer getting blurred vision. “Doc,” he says, “when the pitch comes at me, I see three different balls.” The doctor’s advice: “focus on the one in the middle.” Recent stock market gyrations, plunging interest rates, and front-page talk of a global recession are enough to cause