U.S. Rep. Ken Buck’s decision last month not to seek reelection to Congress opened a tantalizingly rare window for Republicans in eastern Colorado: a red seat in one of the state’s few remaining conservative strongholds that, once won, would be tough to ever lose. “If somebody wants to be a congressman who lives in the … Read more
I often forget the sheer size of the Southern California economy. My trusty spreadsheet — filled with the federal government’s annual accounting of gross domestic product by county — says the six-county region produced $1.57 trillion worth of goods in services in 2022. Now 13-digit numbers are hard to fathom. So let’s add some perspective … Read more
Gov. Gavin Newsom’s political future could be determined by how he responds to Assembly Republicans’ call for a special legislative session to address California’s staggering budget shortfall. Newsom owns this mess. At the start of last year, he was bragging about the state’s $98 billion budget surplus. Last week, Legislative Analyst Gabriel Petek warned that … Read more
Bank of Canada governor Tiff Macklem says he expects 2024 to be a transition year as higher interest rates slow down the economy, making way for lower inflation. In his final speech of the year, the governor laid out his expectations for a softer economy next year and offered criteria for the central bank to start discussing rate … Read more
BRUSSELS, BELGIUM – NOVEMBER 27: Christine Lagarde, President of the European Central Bank speaks during the European Parliament’s Committee on Economic and Monetary Affairs (ECON) meeting in Brussels, Belgium on Nevember 27, 2023. (Photo by Dursun Aydemir/Anadolu via Getty Images) Anadolu | Anadolu | Getty Images The European Central Bank on Thursday held interest rates … Read more
Angel Di Bilio | iStock Editorial | Getty Images Delta Air Lines is adding more flights next year at Austin-Bergstrom International Airport, in a bid to gain market share in one of the country’s fastest-growing airports. The carrier plans to add 11 nonstop flights from Austin in April, giving it almost 50 peak-day flights, the … Read more
Nate Silver hit out at Bidenomics, noting that “real wages and income haven’t grown” since Joe Biden assumed the presidency in early 2021. Silver was engaged in back-and-forth arguments on the X social media platform with those who argue that wages have grown despite public opinion polls which show widespread dissatisfaction with the economy. “In … Read more
A majority of Colorado voters say home ownership is only going to become less attainable, voicing broad concerns about the cost of living and the state’s broader affordability, according to results from a bipartisan poll released Tuesday. The poll, conducted for the Colorado Polling Institute Nov. 26-27 by a team of pollsters, also found a … Read more
Many Portuguese settlers married local women, and their mixed-race families began creating fusion-style recipes that are known today as signature Macanese dishes. These include pork braised in tamarind and shrimp paste, Portuguese chicken served in a yellow sauce of turmeric powder thickened with coconut milk, and diabo, or “the devil’s stew”. Diamantina Rosário Coimbra, vice-president … Read more
For a third straight time, the U.S. Federal Reserve kept its key interest rate unchanged Wednesday, as it signalled its expectations to make a series of quarter-point cuts to the benchmark interest rate next year. Those envisioned rate cuts — which wouldn’t likely begin until the second half of 2024 — suggest officials think high borrowing rates … Read more
