Federal Reserve Issues FOMC Statement After Raising Interest Rates .75%

Federal Reserve Issues FOMC Statement After Raising Interest Rates .75%

Washington, DC…Overall economic activity appears to have picked up after edging down in the first quarter. Job gains have been robust in recent months, and the unemployment rate has remained low. Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher energy prices, and broader price pressures. The invasion of Ukraine by […]

Inflation Roars on in May at 8.6% Rate. News Rattles Markets

Inflation Roars on in May at 8.6% Rate.  News Rattles Markets

Washington, DC…The Consumer Price Index for All Urban Consumers (CPI-U) increased 1.0 percent in May on a seasonally adjusted basis after rising 0.3 percent in April, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 8.6 percent before seasonal adjustment. The increase was broad-based, with the […]

Governor Newsom Visited Astra, Highlighted California’s Investments in Innovation

Governor Newsom Visited Astra, Highlighted California’s Investments in Innovation

Alameda, CA…Governor Gavin Newsom early last week visited Astra Space, Inc. (Astra) in Alameda to highlight the economic and technological advancements California is supporting in partnership with space companies. “Companies like Astra demonstrate the best of California – driving towards ambitious, innovative goals and leaning into the rich talent that is so abundant in our […]

Dragon Lights Festival Returns to Reno…Tickets Go on Sale June 1st!

Dragon Lights Festival Returns to Reno…Tickets Go on Sale June 1st!

Reno, NV…The Dragon Lights Festival, presented by Greater Nevada Credit Union, returns to Reno’s Wilbur D. May Arboretum and Botanical Gardens within Rancho San Rafael Park for six weeks this summer.  Beginning July 1 through August 12, the Festival will run every evening from 6-10:30 p.m.  First enjoyed by an enthusiastic Reno audience in 2018, […]

Dow Down Over 1,000 Points Intraday

Dow Down Over 1,000 Points Intraday

New York, NY…Dow Down Over 1,000 Points Intraday. Can it stage a comeback before close today? Maybe but with even Walmart etc reporting softer numbers due to inflation isn’t helping investor confidence.

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