Chicago Fed taps Austan Goolsbee as new president

video Goolsbee: Decrease in inflation ‘might not be as rapid as everyone wants’ Economists Austan Goolsbee and Kevin Hassett weigh in on the current rate of inflation on “WSJ at Large.” The Federal Reserve Bank of Chicago has named former Obama economic adviser Austan Goolsbee as its next president and chief executive. Goolsbee, 53, is a professor at the University […]

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Senate barrels toward vote to avert railroad strike with fate of paid sick leave unclear

video How Congress can ‘solve’ the rail problem Brotherhood of Railroad Signalmen President Michael Baldwin discusses Congress’ involvement to avoid a rail strike, arguing a strike is the ‘last thing’ the industry wants. The Senate on Thursday is moving toward a vote to avoid a looming railroad strike, which has the potential to cause significant economic damage in the U.S. […]

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Good news: Today’s 30-year mortgage rates plunge to 57-day low | Dec. 1, 2022

Check out the mortgage rates for Dec. 1, 2022, which are mixed from yesterday. (Credible) Based on data compiled by Credible, mortgage rates for home purchases have fallen for two key terms and remained unchanged for two other terms since yesterday.  30-year fixed mortgage rates: 5.875%, down from 6.500%, -0.625 20-year fixed mortgage rates: 6.000%, unchanged 15-year fixed mortgage rates: […]

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Biden's push to avert rail strike splits GOP, Democrats in Senate

video ‘Railroad Joe failed’ as Congress scrambles to avert strike, says GOP lawmaker Rep. Nancy Mace, R-S.C., discusses the looming rail strike as Congress tries to find middle ground ahead of vote and the Biden administration taking heat for their energy policies. President Biden's push to avert a national railroad strike faces significant obstacles from both Democrats and Republicans in […]

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All the PIP freebies you could get in 2023 including £30,000 grant

Personal Independence Payment: Advice on how to claim We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info Almost three million people claim Personal Independence Payment (PIP) due to a health condition […]

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Elon Musk 'confident' in Neuralink microchip device, expects to begin human trials in six months

video Elon Musk is a ‘visionary,’ we’re lucky to have him: Tim Draper Draper Associates founder Tim Draper assesses the latest developments in Elon Musk’s Twitter saga on ‘The Claman Countdown.’ Twitter and Tesla CEO Elon Musk announced a big development Wednesday in the brain chip innovation by his company Neuralink. The business mogul said the wireless device, which would […]

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TikTok, YouTube could be targeted under Australia’s media code

The federal government is considering whether it should use landmark media bargaining laws to force tech platforms such as YouTube and TikTok to negotiate with news outlets, in a review of a regulatory code that has generated millions of dollars in funds for the local media industry. In a nine month review released on Thursday, the Treasury department said the […]

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