Moving to seven rate hikes in 2022

Economics
MLB's new proposal to MLBPA addresses 4 core economic issues
Major League Baseball made a new proposal to the MLB Players Association on Saturday during a bargaining session in New York City, hoping to move negotiations for a new collective bargaining agreement in a positive direction.
With Spring Training camps scheduled to open this week, the calendar has become an
An economic lesson for Valentine's Day
It’s the holiday season once again! Perhaps you bought a greeting card? Some chocolates? A little jewelry? How about some flowers? There seems to be no shortage of different ways you can spend your hard-earned money on the ones you love the most, but it's the message that matters most.
31M Americans to bet on Super Bowl, gambling group estimates
ATLANTIC CITY, N.J. (AP) — A record 31.5 million Americans plan to bet on this year's Super Bowl, according to estimates released Tuesday by the gambling industry's national trade group. The American Gaming Association forecasts that over $7.6 billion will be wagered on pro football's championship game set for Sunday.
Inflation at 40-year high pressures consumers, Fed and Biden
WASHINGTON (AP) — Inflation jumped at its fastest pace in nearly 40 years last month, a 7% spike from a year earlier that is increasing household expenses, eating into wage gains and heaping pressure on President Joe Biden and the Federal Reserve to address what has become the biggest threat to the U.S.
US suspends Mexican avocado imports on eve of Super Bowl
MEXICO CITY (AP) — Mexico has acknowledged that the U.S. government has suspended all imports of Mexican avocados after a U.S. plant safety inspector in Mexico received a threat. The surprise, temporary suspension was confirmed late Saturday on the eve of the Super Bowl, the biggest sales opportunity of the year for Mexican avocado growers — though it would not affect game-day consumption since those avocados had already been shipped.
Frontier and Spirit agree to a $6.6B merger, but regulators and travelers may not be on board - Robinhood Snacks
Flight costs $80… but the overweight luggage costs $180, and we hope you packed a sandwich. Budget airlines like Spirit and Frontier are (in)famous...
Who owes all that student debt? And who’d benefit if it were forgiven?
Adam Looney, David Wessel, and Kadija Yilla explain the severity of America’s student loan challenge, the rate of default, and candidates’ proposals for forgiving those debts.
The Inflation Rate in the U.S.: Past, Present, and Future
The inflation rate in the U.S. hit a 40-year high. We look back at historical inflation, and where experts think it may be headed next.
Why cage-free eggs becoming norm: It's what people want
DES MOINES, Iowa (AP) — Without much fuss and even less public attention, the nation’s egg producers are in the midst of a multibillion-dollar shift to cage-free eggs that is dramatically changing the lives of millions of hens in response to new laws and demands from restaurant chains.
Your Klarna pandemic purchases could end up on your credit report
Regulators have their eyes on that dusty home gym you financed with buy now pay later.
Question of the Day (Updated 2022): What's the average cost of a 30 second Super Bowl ad for the 2022 game? - Blog
Answer: $6.5 million Here's one of the Super Bowl ads: Questions: What is this specific advertiser trying to accomplish in this commercial? Is the ad effective? What do you they want you to remember about their brand? In an era with so many streaming services that have trained consumers to watch shows without any ads, why do advertisers spend so much on Super Bowl ads? Which types of companies do you think benefit the most from their Super Bowl ads?
Question of the Day: $850 Playstation 5 Bundle on credit...If you make the minimum payments, how long before this credit card bill is paid off? - Blog
Answer: 6 Years and 3 Months Questions: Considering the cost of this Playstation 5 Bundle, do you think this is a good idea? Explain your answer. What big-ticket items or once-in-a-lifetime experiences do you think are worth spending money on? How could you reduce the amount of time required to pay off this credit card bill?
US inflation highest in 40 years, with no letup in sight
WASHINGTON (AP) — Inflation soared over the past year at its highest rate in four decades, hammering American consumers, wiping out pay raises and reinforcing the Federal Reserve’s decision to begin raising borrowing rates across the economy.
Every Single Cognitive Bias in One Infographic
Here's all 188 cognitive biases in existence, grouped by how they impact our thoughts and actions. We also give some specific cognitive bias examples.
Treasury wants to stir up U.S. alcohol market to help smaller players
The U.S. Treasury Department on Wednesday flagged concerns about consolidation in the $250 billion annual U.S. alcohol market and outlined reforms it said could boost competition and save consumers hundreds of millions of dollars each year.
Inflation has Fed critics pointing to spike in money supply
But central bank officials say economy has changed since high-inflation days of the 1970s.
The World’s Most Influential Values, In One Graphic
What values are the most influential in the world? Across 500,000 surveys in 152 languages, we visualize a rich dataset of human motivations.
Household Debt and Credit Report - FEDERAL RESERVE BANK of NEW YORK
Interactive charts illustrating trends in U.S. household debt and credit data
Payrolls show surprisingly powerful gain of 467,000 in January despite omicron surge
Nonfarm payrolls were expected to increase 150,000 in January, according to economists surveyed by Dow Jones.
Question of the Day [Black History Month]: What percent of Black Americans under the age of 40 invest in the stock market? - Blog
Answer (from Ariel/Schwab survey): 63% Survey note: The online survey was conducted in December 2020 by Helical Research among 2,104 Americans age 18 and older with $50,000 or more household income in 2019. Questions: When do you think you will start investing in the stock market? Explain your answer. What do you think determines whether someone invests in the stock market or not? What’s one word that comes to mind to complete this sentence: Investing is ______________.
Do We Need a Super Bowl Monday Holiday Now More Than Ever? | Challenger, Gray & Christmas, Inc.
Employers lose about $4.96/employee for every 10 minutes of work time wasted discussing the Super Bowl, managing virtual office pools, or planning Super Bowl parties.
Keep the change: Domino’s offers $3 tips if you pick up your pizza yourself
Coupon code can be used towards customers’ next order if they pick up their pizza from the stores
Will Wordle become excludable?
You’ve likely seen the green, yellow, and gray results of the viral game all over social media from your friends and those you follow. What was once a public good is at risk of becoming a club good.
Black Americans' lack of participation in the stock market likely to widen post-pandemic wealth gap
The majority of Black Americans missed out on the hefty gains from the stock market over the past two years due to historically low equity ownership.
Joe Rogan's use of racial slurs adds to pressure on Spotify
Spotify must decide where it stands on race relations and vaccine misinformation in a society with heightened sensitivity to both issues.
Frontier Airlines buying Spirit in $3B low-cost carrier deal
The tie-up to create the nation's fifth largest carrier is valued at $6.6 billion when accounting for the assumption of debt and other liabilities.
2022-Wealth-and-Wellness-Index.pdf
Financial Security Becomes One of The Most Attractive Qualities in a Partner as Americans Enter 2022
/PRNewswire/ -- Americans in a relationship are talking openly about their finances before saying "I love you." According to a new study by Life Happens, a...
Visualizing the Biggest Gaming Company Acquisitions of All-Time
Microsoft’s acquisition of Activision Blizzard was the biggest in history. Here we visualize the top 15 biggest gaming company acquisitions.