Commentary The new inflation numbers are out. It’s 8 percent on consumer prices, or so they say. Not even that is believable. More likely, it’s already double digit. The U.S. president blames Russia, clearly hoping the Americans are too dull to understand timelines or economics. Let’s look at the bigger picture. The United States has…
Takeda Eyes Vaccine Business Growth as Dengue, COVID-19 Shots Progress: CEO
TOKYO—Takeda Pharmaceutical Co., which distributes Moderna Inc.’s COVID-19 shots in Japan, expects vaccines to become a bigger part of its portfolio as shots for dengue fever and COVID-19 near regulatory approval, its chief executive said. Takeda, Japan’s biggest drugmaker and among the top 10 globally after its 2019 takeover of Shire Plc, has traditionally been…
The Power of Progress
We recently snuck away for a long weekend to Michigan’s Upper Peninsula (UP), which is one of our favorite spots to unwind and reset. It’s one of those places where you can set an “I will have limited access to email” out-of-office reply message and mean it. When we go to the UP, we like…
The Incredible Potential of Daily Practice
I’ve been repeatedly reminded of the power of practicing something regularly. Daily is best, I’ve learned, but several times a week works well, too. You’d be surprised how much progress you can make with even a small amount of practice, applied regularly. Here are some examples from my life. A daily 10-minute yoga practice. I’m very inflexible, and…
Ancient and Lonely Urban Monuments Evoke Today’s Political Division
Commentary PITTSBURGH—The 2.8-mile-long East Street Valley neighborhood, which once flourished here, sure died hard. Drive, walk, or cycle past the remnants of it today, and traces of what used to be are everywhere along the hollow of the rolling Allegheny Mountain neighborhoods that lead out of the city proper from the banks of the Allegheny…
The Long, Slow Path to Progress
I stopped writing for nearly two years. I had intended to return to my Life and Whim blog long ago, but various circumstances too mundane and uninteresting to recount got in the way. At least that’s how I rationalize things in my mind. Certainly, the COVID-19 crisis didn’t help, but my departure long predates the…
US News
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- Andrew MoranThe U.S. economy is expected to contract in the second quarter, the latest estimate from the Federal Reserve Bank of Atlanta found. According to the Atlanta Fed Bank’s GDPNow model,… [...]
- Charlotte CuthbertsonEAGLE PASS, Texas—The Texas Department of Public Safety (DPS) will be setting up random highway checkpoints to inspect trucks following the deaths of 53 illegal immigrants who were being smuggled… [...]
- Jamie JosephLOS ANGELES—A legal challenge against City Councilman Herb Wesson’s legitimacy in temporarily holding the office was able to move forward after approval by a state official last week. California Atty.… [...]
- Jack PhillipsWells Fargo CEO Charles Scharf revealed that Americans and the U.S. economy aren’t ready for Federal Reserve interest rate hikes after the central bank raised rates earlier this month. “We… [...]
- Michael SakalOhio is spending up to $10 million in a move to reduce the backlog of court cases that has piled up mostly because of the COVID-19 pandemic. Governor Mike DeWine… [...]
- Tom OzimekFood prices in the United States shot up in May at their fastest annual pace in 42 years, according to new government data, with some food producers warning American households… [...]
- City News ServiceWESTMINSTER, Calif.—A woman in her 30s was struck by a hit-and-run driver while walking her dogs June 30, sending her to a hospital in critical condition. The victim was in… [...]
- Jack PhillipsPresident Joe Biden on Thursday said that American motorists should expect to pay elevated prices for gasoline until the Russia–Ukraine war is over. In a press conference following the NATO… [...]
- Naveen AthrappullyBattery-electric vehicles (BEVs) and plug-in hybrid vehicles (PHEVs) have turned out to have more problems than internal combustion engines (ICE), according to a new study by data analysis and advisory… [...]
- Naveen AthrappullyWith home sellers realizing that buyers are no longer able to afford houses at current prices and mortgage rates, they are adjusting expectations and prices are dropping in multiple housing… [...]