Commentary Markets go up—then down. The California Public Employees Retirement System just learned that lesson the hard way. On Thursday it reported in the 2021-22 fiscal year, which ended on June 30, its funding ratio fell back to 72 percent from 82 percent the previous year, 2020-21. CalPERS’s official announcement read: “Tumultuous global markets played…
CalPERS Funding Level Slips Down to 72 Percent
July 22, 2022
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CaliforniaCalPERSLocal NewsNorthern CaliforniaOpinionRegional-Local NewsSouthern CaliforniaUSViewpoints
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CalPERS Funding Level Slips Down to 72%
July 22, 2022
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CaliforniaCalPERSLocal NewsNorthern CaliforniaOpinionRegional-Local NewsSouthern CaliforniaUSViewpoints
0 Comment
Commentary Markets go up—then down. The California Public Employees Retirement System just learned that lesson the hard way. On Thursday it reported in the 2021-22 fiscal year, which ended on June 30, its funding ratio fell back to 72 percent from 82 percent the previous year, 2020-21. CalPERS’s official announcement read: “Tumultuous global markets played…
How to Improve Lung Function: 3 Ways and 4 Simple Exercises
People today are often unable to fully stretch their chest cavity when breathing due to poor posture. Patients with pulmonary obstruction, asthma, pulmonary fibrosis and other lung diseases experience shortness of breath, affecting their quality of life. But lung rehabilitation exercises can strengthen the respiratory muscle groups, improve lung function, and relieve lung disease symptoms….
Canadian Military Expected to Suspend Vaccine Mandate This Summer: Report
The Canadian Armed Forces (CAF) is looking to follow the federal public service and suspend their vaccine mandate, the Ottawa Sun reported Thursday. The newspaper obtained a leaked copy of a new draft COVID-19 directive from the Chief of Defence Staff (CDS) Wayne Eyre. It states that members of the CAF will no longer need…
No One Wants to Drive Down This Memory Lane
Commentary One month ago, all anyone would—or could—talk about were gas prices. What the country was paying for fuel was outrageous, it seemed. Despite oil prices settling a touch after the big spike in March, this wasn’t the case for Americans paying only more at the pump. By the middle of June, the price per…
Air Force Establishes New Division to ‘Protect Canadian Interests in Space’
The Royal Canadian Air Force’s newest division is focused on extraterrestrial matters. A reorganization of the existing space-focused team will now be known as 3 Canadian Space Division, with Brig.-Gen. Mike Adamson in command. Defence Minister Anita Anand calls space a “critical domain for national security,” and says the division is part of building a…
Americans Aren’t as Mobile as You Think
July 22, 2022
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Commentary The exodus from big cities and blue states has become a familiar theme over the past couple of years, with COVID restrictions, rising crime, and ruinous costs prompting a significant migration of people and businesses out of urban areas and into suburbs, small towns, and booming Republican-leaning states. Paradoxically, though, government data indicates that…
Epoch Booklist: Recommended Reading for July 22–28
This week, we feature the harrowing story of a Filipina war widow’s courage, and an insightful commentary on the effects of America’s fixation on youth. Fiction A Story of Second Chances ‘The Storied Life of A.J. Fikry: A Novel’ By Gabrielle Zevin A.J. Fikry is a curmudgeon. Life hasn’t panned out how he’d planned. He’s…
These 3 Mega Caps Are Bear Market Buys
Article by MarketBeat Staff Just like the animal they mimic, bear markets are known to have a wide reach. When the bears take a swipe at elevated stock prices, few names survive. This year’s bear market attack has spared few industries. High flying technology companies have been especially hard hit by the impact of rising rates on valuations…
Steve Bannon Found Guilty of Contempt of Congress
WASHINGTON—Former White House strategist Steve Bannon has been found guilty of contempt of Congress by a jury in Washington. Jurors convicted Bannon, who worked in the Trump administration, on two counts. Bannon faces up to two years in prison. Sentencing will take place on Oct. 21. Before Bannon’s trial, the last criminal contempt of Congress…
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