Yahoo News

Fed officials see ‘eye-popping’ inflation data in rearview after December slowdown

Fed officials see ‘eye-popping’ inflation data in rearview after December slowdown

Inflation pressures eased again in December, giving some Federal Reserve officials more confidence that a continued slowdown in its interest rate increases is warranted. In the final month of 2022, inflation as measured by the Consumer Price Index showed prices rose 6.5% over last year while falling 0.1% over the prior month. Philadelphia Fed President Patrick Harker said Thursday morning he expects the “eye-popping” inflation readings of 2022 are behind us, and that it makes sense to slow… Source link

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Egg prices soar nearly 60% as some retail locations see low supply

Egg prices soar nearly 60% as some retail locations see low supply

The cost of eggs stood out in Thursday’s CPI report — rising 59.9% year-over-year and 11.1% month-over-month from November to December. This marked the largest monthly increase since April 2020 and the largest annual jump since September 1973, according to Steve Reed, an economist at the Bureau of Labor Statistics (BLS). Eggs, he said, single-handedly brought up the cost of groceries in December, which rose 0.2% month-over-month. “If you sort of removed eggs, if you took eggs out of [the… Source link

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NBA DFS Picks: Yahoo plays and strategy for Jan. 12

NBA DFS Picks: Yahoo plays and strategy for Jan. 12

James Harden and the 76ers host the Oklahoma City Thunder Thursday night at 7 p.m. ET on League Pass. Six games will take place in the NBA on Thursday, one of which is a marquee matchup between the Bucks and Heat. However, the Heat will be shorthanded with Tyler Herro (Achilles) and Kyle Lowry (knee) both out. The Bucks will be playing the second game of a back-to-back set, so it will be important to monitor their injury report for possible rest candidates. A battle of superstars will… Source link

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Family gives restaurant 1-star review after receiving $50 worth of free food: ‘Ban these people’

Family gives restaurant 1-star review after receiving $50 worth of free food: ‘Ban these people’

A worker feels like a customer was too difficult when they demanded free food. He explained the situation on Reddit’s “Choosing Beggars” forum, a subreddit dedicated to “people who are being way too picky when begging for things.” According to the poster, he works at a locally owned Mexican restaurant. “The owners are two of the most kind, compassionate & selfless people I’ve ever met,” he explained. “The reader board outside of the restaurant reads as follows: ‘Hungry? No… Source link

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Family gives restaurant 1-star review after receiving $50 worth of free food: ‘Ban these people’

Family gives restaurant 1-star review after receiving $50 worth of free food: ‘Ban these people’

A worker feels like a customer was too difficult when they demanded free food. He explained the situation on Reddit’s “Choosing Beggars” forum, a subreddit dedicated to “people who are being way too picky when begging for things.” According to the poster, he works at a locally owned Mexican restaurant. “The owners are two of the most kind, compassionate & selfless people I’ve ever met,” he explained. “The reader board outside of the restaurant reads as follows: ‘Hungry? No… Source link

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Matt Reeves talks ‘Cloverfield’ Easter eggs, teases the future of ‘The Batman’

Matt Reeves talks ‘Cloverfield’ Easter eggs, teases the future of ‘The Batman’

Matt Reeves and Lizzy Caplan on the set of Cloverfield, which celebrates its 15th anniversary this month. (Photo: Paramount/Courtesy Everett Collection) Fifteen years ago, Matt Reeves launched the Cloverfield universe by shepherding the 2008 found-footage monster movie to the big screen. The film’s $175 million global gross ensured that there would be plenty more cinematic universes in Reeves’s future, including the Planet of the Apes-verse and, more recently, the Bat-verse branch of the DC… Source link

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Pacers’ accelerated timeline may have them looking to improve at trade deadline

Pacers’ accelerated timeline may have them looking to improve at trade deadline

One key factor in this quiet NBA trade market midway through January is the league’s dearth of obvious sellers. Among the association’s 30 teams, 23 clubs have clear intentions of competing for the postseason as opposed to dealing established players for draft capital and or prospects in return. Even the 12-33 Detroit Pistons have maintained to rival executives their preference to keep Bojan Bogdanovic and Alec Burks, sources said, barring tremendous returns for either veteran perimeter… Source link

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Pacers’ accelerated timeline may have them looking to improve at trade deadline

Pacers’ accelerated timeline may have them looking to improve at trade deadline

One key factor in this quiet NBA trade market midway through January is the league’s dearth of obvious sellers. Among the association’s 30 teams, 23 clubs have clear intentions of competing for the postseason, as opposed to dealing established players for draft capital and/or prospects. Even the 12-33 Detroit Pistons have maintained to rival executives their preference to keep Bojan Bogdanovic and Alec Burks, sources said, barring tremendous returns for either veteran perimeter… Source link

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Yahoo Plays and Strategy for Thursday, January 12

Yahoo Plays and Strategy for Thursday, January 12

This article is part of our Yahoo DFS Basketball series. Six games will take place in the NBA on Thursday, one of which is a marquee matchup between the Bucks and Heat. However, the Heat will be shorthanded with Tyler Herro (Achilles) and Kyle Lowry (knee) both out. The Bucks will be playing the second game of a back-to-back set, so it will be important to monitor their injury report for possible rest candidates. A battle of superstars will take place in Los Angeles when LeBron James… Source link

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How Long Will $400k Last Me in Retirement?

How Long Will $400k Last Me in Retirement?

SmartAsset: How Long Will $400k Last in Retirement Data from the Federal Reserve shows that the average savings in the United States at retirement age is just $255,200. So if you find yourself with $400,000 in assets at retirement age, congratulations! You’re doing much better than average. But how long will your money last? The answer will depend on your investment allocation, spending habits, and other income streams. Here are some tools to help you determine your available assets and… Source link

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