By Amara Omeokwe | Bloomberg Jerome Powell will face pressure this week from lawmakers growing impatient for the Federal Reserve to cut interest rates and others who are unhappy with its latest plan to boost capital requirements for Wall Street lenders. The Fed chair heads to Capitol Hill on Tuesday and Wednesday for his semiannual…
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Due to a shock hazard, a Palo Alto company is recalling nearly 1 million power adapters sold with sound machines marketed to help infants and young children sleep. The plastic surrounding the AC power adapter that was supplied with some of Hatch’s Rest 1st generation sound machines can come off when removing the product from…
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John Rossheim | (TNS) KFF Health News “You had to pay the fee, or the doctor wasn’t going to see you anymore.” That was the takeaway for Terri Marroquin of Midland, Texas, when her longtime physician began charging a membership fee in 2019. She found out about the change when someone at the physician’s front…
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Lacey Pfalz | TravelPulse (TNS) Americans left the country more this spring than they did before the pandemic, according to new passenger volume data released by The National Travel and Tourism Office (NTTO). The new data focused on the month of April and found that more than 8 million Americans left in April to travel…
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No joy in the Mudville that is American politics after the dismal debate? The doddering president and the perfectly awful alternative? Let’s instead revel in the possibilities that this situation presents us with. Let’s not bow down to the supposed inevitability of the Democratic Party continuing down the path of nominating President Joe Biden for…
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Podcast Summer … Evan Lovett has long been one of my favorite TikTokers. His popular “L.A. In a Minute” is a highlight of the platform, looking into various aspects of Los Angeles and the stories behind them. Why are Trader Joe’s parking lots so seemingly small? … The San Andreas fault … Restaurants that started…
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California politicians are addicted to debt. For voters and taxpayers, it’s time to schedule an intervention. Let’s pick November 5th. The amount of debt already assumed by state and local governments is easily in the hundreds of billions of dollars. In fact, if debt is defined as legally binding obligations that require future payment, this…
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The U.S. Supreme Court’s decision on presidential immunity didn’t sit well at all with the current occupant of the office. “The American people deserve to have an answer in the courts before the upcoming election,” President Joe Biden said in a televised speech. “The public has a right to know the answer about what happened…
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Californians have been surprisingly good at paying their bills despite all the financial hurdles of Golden State life. That’s what I found when my trusty spreadsheet looked at a decade’s worth of consumer delinquency data from the New York Fed. These stats came from Equifax credit histories tracking which debts go unpaid – mortgages, autos,…
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