The Fed is worried that low inflation is here to stay for a while – Business Insider

The Fed is worried that low inflation is here to stay for a while – Business Insider

Federal Reserve Chair Janet Yellen looks at her watch after G-20 family photo during the IMF/World Bank spring meetings in Washington, U.S., April 21, 2017. Yuri Gripas/Reuters Many Federal Reserve officials are concerned that inflation will remain lower for longer, according to minutes of the policy meeting they held in September.  The textbook stipulation that low unemployment should push […]

Southwest Airlines will sell you select round-trip tickets for less than $100 for the next 72 hours – Business Insider

Southwest Airlines will sell you select round-trip tickets for less than $100 for the next 72 hours – Business Insider

Southwest From Tuesday to Thursday, Southwest Airlines is selling one-way tickets for as low as $49. As a result, travelers could get their hands on round-trip tickets for less than $100 excluding taxes and fees. The $49 tickets are for the airline’s shorter nonstop domestic routes, such as Baltimore to Detroit. Longer domestic routes could […]

Richard Thaler, Nobel winner from Chicago, fought to get heretical economic theories published – Chicago Tribune

“They didn’t know anything about economics. I didn’t really know anything about psychology. We were equally ignorant of each other’s fields,” Thaler said. Despite the lack of familiarity, or perhaps because of it, behavioral economics was born. “In many ways, Dick played the key role in bringing behavioral economics to life, since he was the […]

Walmart is eliminating the wait for a common kind of return – Business Insider

Walmart is eliminating the wait for a common kind of return – Business Insider

Walmart Walmart is simplifying the process for customers returning merchandise bought through its website in the store. Starting in November, customers using the new Mobile Express Returns service will be able to initiate a return in the Walmart app before heading to the store. At a Mobile Express lane in a store’s customer-service area, a […]

Costco: Buying This Dip – Seeking Alpha

Costco: Buying This Dip – Seeking Alpha

Background The Price Club merged with Costco in 1993 to form the company now known simply as Costco Wholesale Corporation (NASDAQ:COST). The full name is important and is discussed briefly later. Since formation, this is the comparison of COST versus the S&P 500’s leading ETF (NYSEARCA:SPY): SPY data by YCharts SPY has done well, up […]

Last car crosses now-closed Tappan Zee Bridge north of NYC – Fox News

TARRYTOWN, N.Y. –  With a 1929 Model A Ford Phaeton making the final 3.1-mile (4.99-kilometer) journey across the Hudson River, the Tappan Zee Bridge in New York City’s northern suburbs has officially closed. Much of the fanfare that accompanied the opening of an adjacent $3.9 billion twin-span named in honor of former New […]

Tesla: Making Cars By Hand?! – Barron’s

Tesla: Making Cars By Hand?! – Barron’s

Tesla’s (TSLA) hasn’t been able to make good on its delivery promises lately, disappointing investors who have to keep reining in their expectations. Now, The Wall Street Journal is reporting that part of the reason for the shortfall is the fact that as recently as last month, Tesla Model 3s were being “banged out by […]

US Lost 33000 Jobs Amid Last Month’s Hurricanes – New York Times

US Lost 33000 Jobs Amid Last Month’s Hurricanes – New York Times

“As winds calm, my guess is the employment figures will stabilize,” he said. As for the reaction of the Federal Reserve, which has been closely monitoring the employment report, Mr. Tannenbaum said “the Fed is looking past” this month’s report. Using Hurricane Katrina in August 2005 as a benchmark, Jim O’Sullivan, chief United States economist […]

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