Month: June 2022

President Joe Biden remarks on efforts to lower high gas prices at the Eisenhower Executive Office Building in Washington, D.C. on June 22, 2022. Jim Watson | AFP | Getty Images President Joe Biden has called on Congress to put a three-month federal gas tax holiday in place to help ease the financial pain drivers
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Topline The Federal Reserve’s “heightened sensitivity” to rising inflation expectations could be triggered by a barrage of political ad campaigns that are expected to highlight surging consumer prices ahead of the midterm elections in November, analysts at Goldman Sachs warned on Friday, adding that the central bank may feel “compelled” to keep hiking rates aggressively.
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Abortion rights activists hoist their signs near the U.S. Supreme Court in Washington on June 24, 2022. Olivier Douliery | AFP | Getty Images The Supreme Court’s decision to overturn Roe v. Wade may cause financial hardship for many women, especially those already facing economic instability, research shows. The ruling Friday ends almost 50 years
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Topline The stock market rebounded strongly on Friday, posting its first positive week this month as recession fears subsided somewhat thanks to positive economic data suggesting that inflation may have peaked, while some experts expressed optimism about the health of the economy. Key Facts Stocks snapped a three-week losing streak on Friday: The Dow Jones
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Legal advisors will need to come up to speed on the new gun law changes. I hope that this helps. On Tuesday, June 21, the Senate advanced a gun safety bill, the Bipartisan Safer Communities Act, with a vote of 64-34. Just days later, the Supreme Court announced its decision in New York Rifle &
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Pro-choice activists demonstrate outside the Supreme Court on Oct. 4, 2021 in Washington, D.C. Kevin Dietsch | Getty Images Trust Women health clinic in Wichita, Kansas was already overwhelmed with the volume of calls from pregnant women in neighboring states seeking abortions. About 60% of the clinic’s patients are out of state, said Zack Gingrich-Gaylord,
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A shopper inside a women’s clothing store in the East Village neighborhood of Des Moines, Iowa, on Saturday, Feb. 5, 2022. Kathryn Gamble | Bloomberg | Getty Images A widely followed consumer sentiment survey released Friday showed inflation expectations have eased slightly. The University of Michigan’s Surveys of Consumers said consumers expect inflation to rise
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Trevor Williams The 60/40 portfolio is under fire. But should investors sound the death knell for the classic investment strategy? Financial advisors and experts don’t think so — but it likely needs a tweak. “It’s stressed but it’s not dead,” said Allan Roth, a certified financial planner based in Colorado Springs, Colorado. More from Personal
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In this article IBE-ES AI-FR ENR-DE BP.-GB One type of hydrogen production uses electrolysis, with an electric current splitting water into oxygen and hydrogen. If the electricity used in this process comes from a renewable source then some call it “green” hydrogen. Alex Kraus | Bloomberg | Getty Images Siemens Energy and Air Liquide have
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