Author: Press Room

Cities in the South are thriving.A new post published by the Census Bureau’s Kristie Wilder and Paul Mackun highlighted that four of the top five metro areas by population percent increases were in Florida. Wildwood-The Villages in Florida saw the greatest increase from July 1, 2022, to July 1, 2023, among metros.Additionally, the data from the Census Bureau shows there were also a lot of metros with population percent declines during that time. While many of these were small, New Orleans-Metairie in Louisiana had the biggest percent decline at around 1.2%. Related stories This story is available exclusively to Business…

“My husband and I have removed the bottoms of all our shoes,” Christi Fritz says in a voiceover of their most viral TikTok video, with 56 million views. The video shows her husband, Seth Fritz, using a small saw tool, to cut through the rubber on a sneaker, while Christi extols the virtues of going barefoot.”We decided to start walking barefoot,” Christi explains. (“Grounding” or “earthing” is a Gwenyth Paltrow-endorsed practice meant to commune with nature by walking barefoot on the soil. There are, indeed, “grounding” influencers.)But the couple had encountered a problem. In an earlier video, Christi was kicked…

Listen below or on the go on Apple Podcasts and Spotify The Consumer Price Index for March is due with Fed June odds 50/50. (0:19) J.P. Morgan, Citi and Wells Fargo kick off earnings season. (1:29) Paramount Global nearing deal with Skydance? (3:05) The following is an abridged transcript The top stories to look out for Macro focus will be on the March consumer price index, which hits on Wednesday. Economists expect that the headline number rose 0.3% on the month, pushing the annual rate up to 3.4% from 3.2%. The core CPI, which excludes food and energy, is forecast…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Israel says it has withdrawn its troops from Khan Younis in southern Gaza in order to prepare for operations in Rafah, Hamas’s last stronghold, despite US warnings that a big ground offensive on the town would be a mistake.“Our forces left the area in order to prepare for their future missions, including their mission in Rafah,” Israeli defence minister Yoav Gallant said after meeting senior officers of the army’s southern command.An army statement said the minister had been briefed on preparations for…

Authorities arrested a man Sunday in connection with an alleged arson at Sen. Bernie Sanders’ office in Vermont last week, according to the Justice Department. Shant Soghomonian, 35, was charged with using fire to damage the building in Burlington on Friday, according to a Justice Department news release. Soghomonian, who has also gone by the name Michael, is previously of Northridge, California, the agency said. Soghomonian allegedly entered the building Friday morning and went to the third floor, where the independent senator’s offices are located, according to court records cited by the Justice Department. “Soghomonian was recorded on a security video spraying a liquid…

Cathie Wood’s ARK ETFs have made significant moves in the stock market on Friday, March 22nd, 2024, with a series of buys and sells that reflect the investment firm’s shifting strategies. The most noteworthy trade of the day was ARK’s sale of Coinbase Global Inc (NASDAQ:), with a total of 217,610 shares offloaded across three ETFs, amounting to a substantial $57,013,820 in value. On the buying side, ARK showed a strong appetite for Tesla Inc (NASDAQ:), purchasing 116,408 shares valued at $20,117,631. This move underscores ARK’s continued confidence in the electric vehicle giant, a stock that has been a long-standing…

By Maha El Dahan and Alex Lawler DUBAI (Reuters) -OPEC+ members led by Saudi Arabia and Russia agreed on Sunday to extend voluntary oil output cuts of 2.2 million barrels per day into the second quarter, giving extra support to the market amid concerns over global growth and rising output outside the group. Saudi Arabia, the de facto leader of the Organization of the Petroleum Exporting Countries (OPEC), said it would extend its voluntary cut of 1 million barrels per day (bpd) through the end of June, leaving its output at around 9 million bpd. Russia, which leads OPEC allies…

ZURICH (Reuters) – The Swiss National Bank sold foreign currency worth 132.9 billion Swiss francs ($149.51 billion) in 2023, the central bank said on Tuesday, showing its increased emphasis on supporting the Swiss franc as a shield against imported inflation. The figure was a massive increase from 22.3 billion francs in foreign currencies sold by the SNB in 2022, when the bank started selling off some of its huge foreign currency holdings. The SNB’s strategy has paid off, with Swiss inflation within its 0-2% target range for last nine months. “The SNB’s foreign currency sales contributed to the Swiss franc…

By William Schomberg LONDON (Reuters) – The Bank of England will probably keep investors guessing next week about when it is likely to start cutting interest rates as it waits for clearer signs that inflation pressures still in the economy really are being quashed. With other central banks moving towards cutting borrowing costs for the first time since the COVID pandemic, and inflation set to fall to its 2% target soon, the BoE has put its high rates “under review”. Governor Andrew Bailey maintained the tentatively optimistic tone this week when he said inflation expectations seemed to be under control…

For the past four years, I’ve sent out a free, comprehensive retirement newsletter every Sunday. This labor of love includes three handpicked articles on retirement planning, along with general interest pieces on finance, health, and media. I also share links to valuable research tools and model portfolios from the week. You can check out the latest newsletter and sign up for it here. Today, I wanted to share some of the highlights of the past week regarding retirement. 1. Not Everyone Can Delay Taking Social Security For many, delaying Social Security until age 70 is the optimal claiming strategy. It…