Higher yields in the $25 trillion U.S. Treasury market are a hit with households since the Federal Reserve began aggressively raising interest rates.
The Margin: Want to dine like David Brooks? You can now have his $78 airport meal for a mere $17.78.
The New Jersey restaurant operator is now offering the ‘D Brooks Special’ at its Trenton location. Yes, the booze is included.
Top Ten: How to protect your portfolio if you expect the 10-year U.S. Treasury yield to jump to 6%
Also, housing costs and a possible mistake by the Fed, how long high CD rates might last, an interview with Palantir’s CEO and an investment case for Micron.
Key Words: Record-low poverty was fleeting, PPP was a ‘waste of money,’ and more lessons from the U.S. pandemic response
“In the long run, we’re building evidence about which policies work and which policies don’t” to help alleviate poverty, one expert says.
Brett Arends’s ROI: This quiet crisis, unfolding now, is the future of Social Security and Medicare
Teachers, firefighters, cops and other public employees are retiring. They need the money they were promised.
The Fed: Bowman says Fed needs to raise interest rates higher to curb inflation
Federal Reserve Gov. Michelle Bowman said it “will likely be appropriate” to raise interest rates further “because inflation is still too high.”
: ‘I’ll raise the retirement age – only for younger people’ to save Social Security, Republican presidential candidate Nikki Haley says
Republican candidate Nikki Haley wants to raise retirement age, limit benefits for some, to save Social Security
: The new obstacle to climate innovation: activists
Climate activists’ increasingly aggressive and public criticisms of climate-conscious businesses are having the opposite effect to the one intended.
: More than 236,000 global tech workers have been laid off so far this year
Networking giant Cisco Systems Inc. will lay off 350 employees in Silicon Valley next month
: Deion Sanders is making a lot of people around him and the University of Colorado rich
“Coach Prime” is seizing the moment at Colorado, and so are his players and the school.
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