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Financial News for the Week of July 15th, 2022
Financial News Highlights Market sentiment soured this week on stronger than expected CPI data and a weak start to corporate earnings season. US CPI accelerated in June, rising 1.3% m/m, pushing the year-ago measure to a new multidecade high of…
Featured Article: The Ingredients For A Happy Retirement
The Ingredients For A Happy Retirement Andrew Rosen What are the ingredients for a happy retirement? (Photo by Bryn Colton) What’s the difference between a happy retirement, and a not-so-happy retirement? Financial planners have…
Financial News for the Week of July 8th, 2022
Financial News Highlights Recession calls increased this week, but the job market begged to differ. The U.S. added 372k jobs in June, keeping the unemployment rate at its historic low of 3.6% and amplifying fears about inflation. In contrast,…
Financial News for the Week of July 1st, 2022
Financial News Highlights Real personal consumption expenditures contracted in May, as consumers continue to tap excess savings. Indeed, in another sign that demand may be softening, core PCE inflation (that excludes food and energy) declined again…
Featured Article: To Find the Wines of Summer, Just Say Quaffable
Featured Article: To Find the Wines of Summer, Just Say Quaffable Terms like ‘refreshing,’ ‘easy drinking,’ ‘crisp’ and ‘light’ have all been offered as synonyms. Our wine columnist dove deep into the category and came up with 5 categorically…
Financial News for the Week of June 24, 2022
Financial News Highlights Existing home sales fell 3.4% in May, extending the losing streak to four months. The months’ supply of inventory recorded an uptick, rising to 2.6. This was up from 2.2 months in April and 2.5 months in May of last year.…
Featured Article: 9 Under-the-Radar Vacation Spots in Europe
9 Under-the-Radar Vacation Spots in Europe Where to beat inflation and crowds in Europe this summer? Here, 9 travel alternatives to the usual hot spots in Italy, France and Spain So you missed your chance to travel too Venice, Paris and Barcelona…
Financial News for the Week of June 10, 2022
Financial News Highlights U.S. CPI came in above expectations, with the headline reading reaching a new 40-year high. Core inflation also surprised with a broad-based acceleration. The U.S. trade deficit narrowed in April with both lower U.S.…
Financial News for the Week of June 3rd, 2022
Financial News Highlights The U.S. economy continued to add jobs in May, though at a slower pace than in the previous month. The unemployment rate held steady at 3.6% and the labor force participation rate edged up by 0.1 percentage point. Job…
Financial News for the Week of May 27th, 2022
Highlights The second estimate of U.S. GDP growth confirmed that the economy contracted in the first quarter of the year, pulling back by 1.5% relative to the 1.4% reported previously. The housing market continued to show signs of buyer wariness as…