The latest inflation report keeps the Fed on track for a quarter-point rate cut. Wall Street isn’t satisfied.
A fresh reading on consumer prices is likely to keep the Federal Reserve on track to cut interest rates next Wednesday by a quarter percentage point, disappointing some on Wall Street hoping for a half percentage point cut. The Consumer Price Index on a core basis, excluding volatile food and energy prices — a measure the Fed prefers to zero in on — increased 3.2% in…
CPI: Car prices down again in August, with used vehicles down over 20% from recent highs
Car prices kept sliding in August — among the most of any major category in the Consumer Price Index (CPI) over the last year — as vehicle prices move toward pre-pandemic levels. Used car prices fell 1.0% over the prior month in August and 10.4% from the prior year, data from the BLS revealed on Wednesday. New car prices were unchanged in July, but down 1.2%…
Economic Indicators You Should Know for Investment
Economic indicators are some of the most valuable tools investors can place in their arsenals. Consistent in their release, wide in their scope and range, metrics such as the Consumer Price Index (CPI) and written reports like the Beige Book are free for all investors to inspect and analyze. Policymakers, most notably those at the Federal Reserve, use indicators to determine not only where the economy is going, but how fast…
A Beginners’ Guide to Managing Your Money
The internet has changed the way we live our lives. Not long ago purchasing stock was not as easy as it is now. The order went through a complex network of brokers and specialists before the execution was completed. In 1983, that all changed with a dentist in Michigan who made the first online stock transaction using a system developed by what is now E*TRADE Financial.…
admin
- Medicine Blog
- September 11, 2024
- 51 views
Ozempic Maker Sued Over Claims the Drug Led to Woman’s Colon Removal
A woman is suing the maker of Ozempic after she says severe side effects led to the removal of her colon. She claims she was not warned that this was a potential side effect of the drug. However, drug maker Novo Nordisk states that the information is on the product label. Experts say GLP-1 drugs can sometimes slow the gastrointestinal tract too much. If patients experience…
- Medicine Blog
- September 11, 2024
- 58 views
What everyone should know about antibiotics, according to experts
Antibiotics are some of the most powerful tools in medicine. They’re prescribed to treat a variety of infections caused by bacteria, such as urinary tract infections, most ear infections, strep throat and bacterial pneumonia. But just because they’re so effective doesn’t mean they’re meant to treat every cough, ache and sniffle. So when do you actually need to take an antibiotic? And do you really have…
FedNow: What It Is and How It Works
FedNow is a new instant payment service launched by the Federal Reserve in July 2023. Using the FedNow Service, financial institutions can give customers real-time payment capabilities, executing transactions in a matter of seconds even outside of normal banking hours. In other words, if your bank or credit union participates in the FedNow program, you can send and receive money instantaneously and 24/7—even on holidays, weekends,…
- Medicine Blog
- September 11, 2024
- 45 views
Women Will Be Notified Of Breast Density After a Mammogram: What to Know
The FDA will now require all mammography reports to include whether a person has breast density. Breast density is considered a risk factor for breast cancer and can make it difficult to detect signs of cancer. Dietary and lifestyle modifications may help reduce breast density, but more importantly, they help lower a person’s risk of developing breast cancer. Mammograms are the gold standard for breast cancer…
- Medicine Blog
- September 11, 2024
- 46 views
Telehealth may be just as effective as in-person checkups, new research finds. Here’s how to make the most of your virtual appointment.
A new study published in Annals of Internal Medicine says that telehealth may be just as effective as in-person primary care visits when it comes to addressing a patient’s needs. The Kaiser Permanente Division of Research study, which looked at the health records of over 1.5 million adult patients between April 2021 and December 2021, tracked when people returned to their primary care doctor for a second,…
What Happened at Credit Suisse, and Why Did It Collapse?
In mid-March 2023, Swiss bank UBS Group AG (UBS) bought rival Credit Suisse Group AG for 3 billion CHF (about $3.3 billion USD), a move intended to shore up the global banking system and prevent the latter financial institution from collapsing. Credit Suisse, one of Switzerland’s leading financial institutions since its predecessor Schweizerische Kreditanstalt was founded in 1856, was among a group of 30 banks known…
