Today: September 23, 2024
Today: September 23, 2024

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Oil steady as possible rate hikes stoke demand worry, storm could hit supply

Oil prices held steady on Monday, pressured by worries further U.S. interest rate hikes could dent demand but supported by the potential of a supply disruption from a tropical storm off the U.S. Gulf Coast. Brent crude settled 6 cents lower at $84.42 a barrel, after touching a session high of over $85 earlier in the day. U.S. West Texas Intermediate crude was 27 cents, or 0.3%, higher at $80.10. On Friday, crude posted a second week of losses after Federal Reserve Chair Jerome Powell said the U.S. central bank may need to raise rates

August 28, 2023
Oil steady as possible rate hikes stoke demand worry, storm could hit supply
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US business borrowing for equipment falls 2% in July - survey

– U.S. companies borrowed nearly 2% less in July than last year to finance equipment investments, an Equipment Leasing and Finance Association (ELFA) survey showed on Monday. The companies signed up for new loans, leases, and lines of credit worth $9.9 billion last month, compared with $10.1 billion a year earlier, the industry body’s survey said. “In the current relatively high-interest rate environment in which the industry finds itself this summer, survey respondents are reporting some softness, coinciding with expectations by economists that overall investment in equipment and software will slow down in the second half of 2023,” ELFA

August 28, 2023
US business borrowing for equipment falls 2% in July - survey
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Dollar index dips, briefly hits 9-month high against yen

– The dollar briefly hit a nine-month high against the Japanese yen on Monday and dipped against a basket of currencies, as investors waited on key data due later this week and kept an eye out for potential intervention to shore up the struggling Japanese currency. The greenback hit 146.75 Japanese yen, the highest since Nov. 9, and last traded at 146.51, up 0.05% on the day. Traders are watching out for any signs of intervention in the currency market from Japanese authorities as the yen weakens. Analysts at Bank of

August 28, 2023
Dollar index dips, briefly hits 9-month high against yen
Uncategorized

FACTBOX-Stocks to watch as Idalia makes landfall in Florida

– Florida is bracing for Tropical Storm Idalia as it intensifies into a major hurricane on Monday before making landfall on the state’s Gulf Coast by Wednesday morning. Idalia is predicted to transform into a Category 3 on the Saffir-Simpson Hurricane Wind Scale when it makes landfall in northern Florida’s Big Bend area, where the panhandle transitions into the peninsula, the National Hurricane Center said. About 20 million Floridians are under hurricane and tropical storm watches, and authorities have begun issuing evacuation orders. Here’s a list of stocks and sectors that could be impacted by the storm:

August 28, 2023
FACTBOX-Stocks to watch as Idalia makes landfall in Florida
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Wall Street ends higher as investors await US inflation, jobs data

– Wall Street ended higher on Monday, with gains in 3M and Goldman Sachs ahead of key inflation and jobs data this week that will offer more clues on the Federal Reserve’s interest rate path. All three major stock indexes rose as investors digested last Friday’s comments from Fed Chair Jerome Powell that the U.S. central bank may need to raise interest rates further to ensure inflation is contained. Focus now shifts to a report on the personal consumption expenditures price index, the Fed’s preferred inflation gauge, to be released on Thursday,

August 28, 2023
Wall Street ends higher as investors await US inflation, jobs data
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Harris, Yellen tout unions' economic benefits with new Treasury report

– U.S. Vice President Kamala Harris and Treasury Secretary Janet Yellen held a rare joint press call on Monday to tout the benefits of union membership, releasing a new Treasury report that shows wages for union members are 15% higher than non-union workers. THE TAKE: The White House has been pushing to support unions and expanded union membership as part of U.S. President Joe Biden’s plan to overhaul the U.S. economy, fight inequality and reallocate more corporate profits to the middle class. There are political reasons too. Union voters helped Biden win critical election battleground states in 2020

August 28, 2023
Harris, Yellen tout unions' economic benefits with new Treasury report
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US stocks close green, Treasury yields waver as crucial data awaits

– Wall Street ended higher and U.S. Treasury yields retraced earlier gains on Monday, capping the first session of a week likely to be light in volume but heavy with economic data that could affect whether the Federal Reserve will take a rate-hike breather in September. All three major U.S. indexes advanced but closed off session highs amid light trading at the start of what is considered the last unofficial week of summer, one jam-packed with closely watched economic indicators. “I wouldn’t trust what happens in the markets this week,” said Chuck Carlson, chief

August 28, 2023
US stocks close green, Treasury yields waver as crucial data awaits
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Exclusive-Catalent nears settlement with Elliott for board seats -sources

Catalent Inc is close to reaching a settlement with Elliott Investment Management that would lead to a shake-up of the U.S. contract drug manufacturer’s board of directors after its share price lost half of its value in the last year. The company is poised to agree to add four new directors proposed by Elliott to its board, which currently has 12 members, people familiar with the situation said on Monday. The sources declined to be identified because the information is confidential and cautioned a deal could still collapse at the last minute. Spokespeople

August 28, 2023
Exclusive-Catalent nears settlement with Elliott for board seats -sources
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US judge tosses most of Commerzbank $1 billion mortgage lawsuit against BNY Mellon

– A U.S. judge on Monday dismissed most of a lawsuit where Germany’s Commerzbank sought to hold Bank of New York Mellon liable for more than $1 billion of losses on toxic mortgages purchased before the 2008 global financial crisis. U.S. District Judge George Daniels in Manhattan rejected Commerzbank’s claims on all but 13 of the 100 certificates and notes it bought, and dismissed all negligence claims against BNY Mellon, which had been serving as trustee. The securities had been issued from 72 residential mortgage-backed securities (RMBS) trusts and a collateralized debt obligation that

August 28, 2023
US judge tosses most of Commerzbank $1 billion mortgage lawsuit against BNY Mellon
News|Opinion|Political|World

Pope blames weapons industry for Russia-Ukraine war and 'martyrdom' of Ukrainian people

Pope Francis is labeling the weapons industry as being a key driver of the “martyrdom” of Ukraine’s people in Russia’s war

September 23, 2023
Pope blames weapons industry for Russia-Ukraine war and 'martyrdom' of Ukrainian people
Uncategorized

US retailers' financial losses jump as retail crime escalates - NRF

Organized crime rings in New York, San Francisco, Los Angeles and Houston are targeting retail inventories, causing more financial loss, according to a report by the National Retail

September 26, 2023
US retailers' financial losses jump as retail crime escalates - NRF
News|Opinion

America's nonreligious are a growing, diverse phenomenon. They really don't like organized religion

Ask Americans what their religion is, and nearly 1 in 3 say this -- none

October 05, 2023
America's nonreligious are a growing, diverse phenomenon. They really don't like organized religion
News|Opinion|World

In the pope’s homeland, more Argentines are seeking spiritual answers beyond the church

In the pope’s homeland of Argentina, Catholics have been renouncing the faith and joining the growing ranks of the religiously unaffiliated

October 05, 2023
In the pope’s homeland, more Argentines are seeking spiritual answers beyond the church
News|Opinion|Political|World

Fearing ostracism or worse, many nonbelievers hide their views in the Middle East and North Africa

In the Middle East and North Africa, where religion is often ingrained in daily life’s very fabric, rejecting faith can come with consequences

October 05, 2023
Fearing ostracism or worse, many nonbelievers hide their views in the Middle East and North Africa
Opinion|World

An atheist in northern Nigeria was arrested. Then the attacks against the others worsened

In parts of the world, religiously unaffiliated people are increasing in numbers, and can safely and publicly be an atheist or agnostic

October 05, 2023
An atheist in northern Nigeria was arrested. Then the attacks against the others worsened
Uncategorized|WrittenByLAPost

Indigo Girls' 'Closer to Fine' Lights Up the Big Screen in Barbie Epic

The Indigo Girls, the renowned folk duo, have made their mark on pop culture once again through an unexpected medium – Mattel’s iconic Barbie. Their timeless hit, “Closer to Fine,” has found its way into the heart of the Barbie universe, bringing a new depth to the character and a moment of sweet vindication for the band’s loyal fans. Since 1987, Emily Saliers and Amy Ray, together known as the Indigo Girls, have been creating music that stirs the soul. Their musical journey is distinguished by sincerity and a profound connection to their beginnings, as evidenced by the fact that

October 14, 2023
Indigo Girls' 'Closer to Fine' Lights Up the Big Screen in Barbie Epic
Uncategorized|WrittenByLAPost

TikTok Creators Join Forces with Harvard Researchers

This year Harvard researchers undertook an unusual collaboration bringing ivory tower expertise together with mass influencers dispensing mental health advice to millions via social media. Their goal: inject more scientifically validated content into TikTok and Instagram feeds increasingly relied on by youth. Selecting subjects with large followings and ethical approaches, the team provided toolkits on issues like trauma and climate anxiety to observe if credible data permeated popular post trends. Despite inhering skepticism over digital health content, results showed modest uptake – along with forging bonds between academia and creators potentially benefiting both. Specifically, a group from Harvard Medical School

November 27, 2023
TikTok Creators Join Forces with Harvard Researchers
Education|News|Opinion

In the US, Black survivors are nearly invisible in the Catholic clergy sexual abuse crisis

Black survivors have been nearly invisible in the Catholic Church sexual abuse crisis — even in Baltimore, home to a historic Black Catholic community

November 29, 2023
In the US, Black survivors are nearly invisible in the Catholic clergy sexual abuse crisis
Education|Opinion|World

Vatican to publish never-before-seen homilies by Pope Benedict XVI during his 10-year retirement

The Vatican next year will publish a collection of never-before-seen homilies delivered by the late Pope Benedict XVI

December 23, 2023
Vatican to publish never-before-seen homilies by Pope Benedict XVI during his 10-year retirement
News|Opinion

Orthodox Christmas: Why it's celebrated by some believers 13 days after Dec. 25

Some Eastern Orthodox churches will be observing Christmas on Sunday

January 06, 2024
Orthodox Christmas: Why it's celebrated by some believers 13 days after Dec. 25
Lifestyle

Ash Wednesday and Valentine's Day fall on the same day this year. Here's what you need to know

Feb. 14 is a holiday heavyweight this year due to a calendar collision

February 13, 2024
Ash Wednesday and Valentine's Day fall on the same day this year. Here's what you need to know
Uncategorized|WrittenByLAPost

AM vs PM: Does it matter what time you workout?

Whether you’re a morning person or a night owl, you’ve probably wondered: is there an optimal time of day to work out? The debate between the benefits of an energizing AM sweat session versus an evening stress-relieving workout has raged on for ages. But the answer isn’t as black and white as you might think. Believe it or not, the time you choose to lace up your sneakers can impact everything from your mood to your metabolism. Surprising new research reveals how finely tuned your circadian clock is and how harnessing your body’s natural 24-hour rhythms can help you burn

March 07, 2024
AM vs PM: Does it matter what time you workout?
Uncategorized|WrittenByLAPost

New dating trend "paperclipping" defined - Why it harms both parties

The rise of digital communication in romance has enabled new forms of annoying dating behaviors. Enter “paperclipping” – when someone you briefly dated resurfaces out of the blue after months of silence to casually chat as nothing happened. This pattern of disappearing post-dates only to follow up later leaves the recipient confused and irritated. Experts say despite the new name, paperclipping echoes immature relationship habits that predate apps. The difference is texting and social media now provide more tempting avenues for intermittent connection without commitment. “Paperclipping represents an age-old dynamic of seeking validation through superficial contact,” says psychologist Dr. Carla

March 18, 2024
New dating trend "paperclipping" defined - Why it harms both parties
Uncategorized|WrittenByLAPost

Can strength training prevent a heart attack or stroke?

Pumping iron delivers way more than just muscle. Groundbreaking research reveals strength training packs a potent punch against two of humanity’s biggest health villains – heart disease and stroke. A game-changing study from Iowa State University, involving over 12,000 adults, uncovered that a mere 60 minutes per week of resistance training can slash your risk of a potentially fatal cardiovascular event like a heart attack or stroke by a staggering 40 to 70 percent. This finding is merely the tip of the iceberg regarding the potential life-preserving perks unlocked by working some iron into your routine. In addition to its

April 03, 2024
Can strength training prevent a heart attack or stroke?
Uncategorized|WrittenByLAPost

How can cycle syncing can transform the way you live?

“Cycle syncing” in the wellness community is gaining momentum and rapidly evolving from a niche concept into a full-fledged cultural phenomenon. This method involves aligning one’s daily routines with a regular menstrual cycle pattern. Supporters passionately praise the advantages of aligning behaviors with cyclical hormone patterns, such as diet, physical activity, rest, and others. They have documented numerous benefits, including decreased PMS symptoms, increased energy levels, and enhanced general well-being.  The practice of cycle synchronization has gained significant traction in recent years, largely due to the influence of Alisa Vitti’s 2014 book “WomanCode,” where she first established and patented the

April 05, 2024
How can cycle syncing can transform the way you live?

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