Bets on rate cuts this year are fading

In early 2024, investors expected the Federal Reserve to cut interest rates substantially this year as inflation cooled. But price increases have been surprisingly tenacious, and that's forcing a rethink on Wall Street. Investors and economists are wondering when and to what extent Fed policymakers will succeed in lowering rates, and some are increasingly doubtful…

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Persistent inflation could prompt the Federal Reserve to keep rates high longer

The Federal Reserve's most closely watched measure of inflation remained stubborn in March, the latest evidence that price increases are not fading as quickly as policymakers would like and another reason interest rates may remain high. for longer. Investors came into 2024 hoping that Federal Reserve officials would cut rates substantially this year, but those…

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The Best California Books for Children

Since we started our California books list last year, many readers have asked us to highlight some wonderful children's books that reflect life in the Golden State. That is exactly what we are doing today. I added six children's books to our growing California reading list, which relies heavily on reader recommendations. Among them is…

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A long-lasting racial tax

This article is also a weekly newsletter. Register for careers/related here. Property is generally worth less if owned by a black American. That sobering fact, cemented by 150 years of assessment data, underpins current inequality. African American properties have been undervalued by home appraisers and overvalued by tax assessors. That double whammy has left Black…

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Beth Linker is changing good posture

For decades, the idea of ​​standing tall carried considerable political and social baggage. Slouching was considered a sign of decadence. In the early 20th century, posture exams became mainstays in the military, workplace, and schools, thanks in part to the American Posture League, a group of doctors, educators, and health officials that formed in 1914….

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