U.S. government debt prices slipped lower early Friday, as markets responded to Federal Reserve Chairman Jerome Powell’s announcement of a major policy shift when it comes to inflation. The yield on the benchmark 10-year Treasury note rose to 0.7638%, while the yield on the 30-year Treasury bond ticked higher to 1.5369. Bond yields move inversely to prices. It comes after Powell said
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Michelle Obama spoke candidly about experiencing racism as a Black woman in America, both in and out of the White House, on the latest episode of The Michelle Obama Podcast. On the episode, she also spoke with her longtime pals—Kelly Dibble, Denielle Pemberton-Heard, and Dr. Sharon Malone—about the power of their friendships. When the recent
Hulu has released the trailer for The Binge, which premieres this Friday. The footage is booze and drug-fueled spoof of The Purge with some hints of Superbad for good measure. In the movie, the not-so-distant future finds that the world is sober and the United States is thriving, due to its sobriety. However, one day
If you’ve been worrying that The Masked Singer would not make its planned fall return on FOX, we have some good news. A Season 4 premiere date has been revealed. The beloved series will return Wednesday, Sept. 23 (8:00-9:00 PM ET/PT), on FOX. If you can’t wait until then, the network is offering an advanced
Electric Lit relies on contributions from our readers to help make literature more exciting, relevant, and inclusive. Please support our work by becoming a member today, or making a one-time donation here. . I have been asked a lot about autofiction with my latest novel, which is about a Korean American adoptee named Matt who
A grasshopper lands at a random location on a patch of lawn and then jumps a fixed distance in a random direction. What shape of lawn has the highest probability of retaining the grasshopper after its jump? In this episode of the Physics World Weekly podcast, we talk to a quartet of physicists and mathematicians
Stocks may have another reason to rally. According to MKM Partners’ Michael Darda, the risk of a monetary policy mistake at the margin is lower now than it was just yesterday. His call follows Federal Reserve chief Jerome Powell’s speech at the virtual Jackson Hole, Wyoming, economic summit on Thursday. “The Fed is focused like
The Henry Ford II World Center, headquarters of the Ford Motor Company in Dearborn, Michigan. James Leynse | Corbis | Getty Images DETROIT — Ford Motor remains under federal investigation as part of a multi-year corruption probe into the United Auto Workers union, according to the lead prosecutor on the investigation. U.S. Attorney Matthew Schneider told CNBC that
Christopher Nolan’s Tenet has begun its offshore rollout, and while Warner Bros is keeping a tight lid on grosses until fully reporting Sunday, some international box office information is available on the highly-anticipated title. In Korea, one of the key plays on Tenet, the Wednesday opening day was a little over $827K from 2,228 screens.
Marine Corps Mastery Gunnery Sgt. Scott Stalker will take over for Space Force Chief Master Sgt. Roger Towberman WASHINGTON — Marine Corps Mastery Gunnery Sgt. Scott Stalker on Aug. 28 will assume duties as the senior enlisted leader of U.S. Space Command, a spokesperson for U.S. Space Command said Aug. 27, Stalker will take over
Former U.S. Vice President Joe Biden accepts the 2020 Democratic presidential nomination during a speech delivered for the largely virtual 2020 Democratic National Convention from the Chase Center in Wilmington, Delaware, August 20, 2020. Kevin Lamarque | Reuters Joe Biden accused President Donald Trump on Thursday of “rooting for more violence” in cities where protests
A new documentary film called Jimmy Carter: Rock & Roll President is set to arrive in “virtual cinemas” on September 9, with a physical release to follow on October 9. The movie, directed by Mary Wharton, follows the 39th U.S. president’s life-long passion for music, how he used that enthusiasm in his political campaigning, and
ANA CEO Bob Liodice speaks onstage at the ANA Masters of Marketing conference. ANA Advertising trade groups are condemning amendments to a California consumer protection bill, claiming it would “have a chilling effect on commercial speech, the availability of digital content, and online commerce during a time when the economy is already under significant strain.”
Today we have an exclusive trailer for The Rising Hawk: Battle For The Carpathians to share. The epic historical action movie has been receiving rave reviews since it premiered internationally. In one of the first and largest collaborations between the Ukrainian and American film communities, The Rising Hawk has proven to be a huge success
While many scripted originals are being held until 2021, NBC has announced premiere dates for some of its biggest dramas. Let’s just say these premieres are sooner than some expected. This Is Us is geting a two-hour premiere Tuesday, November 10. The juggernaut does not have a firm filming date, but it’s sure to be
Electric Lit relies on contributions from our readers to help make literature more exciting, relevant, and inclusive. Please support our work by becoming a member today, or making a one-time donation here. . About a week after the New York City coronavirus quarantine measures were announced, I knew the time had finally come: I had
This week marks the sixty-fifth anniversary of the murder of Emmett Till on August 28, 1955. Karlos K. Hill’s new book, The Murder of Emmett Till, retells and recontextualizes the story for a new generation of readers born decades after this decisive moment, which helped ignite the Civil Rights Movement. Dr. Hill and WLT editor
White House senior advisor Jared Kushner on Thursday praised Federal Reserve Chairman Jerome Powell for his leadership of the central bank’s response to the coronavirus pandemic. “Look, you really see what people are made of in times of crisis and I think that Chairman Powell has really stepped up to the plate, and he’s done a