Federal Reserve rate hike reflects new world of sticky inflation and faster growth
WASHINGTON (AP) — President Donald Trump has renewed his attacks on the Federal Reserve after it hiked its benchmark interest rate Wednesday, but the Fed matters less than broader economic trends when it comes to longer-term borrowing costs, economists say. The economy is growing steadily despite being hit with repeated shocks — and may even […]
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FROM THE PUBLISHER
On Sundays we often look ahead to events in the coming week. This Thursday evening, Paper Boat Booksellers (4522 California SW; WSB sponsor) will host a West Seattle writer’s book launch: “Climate Anxiety and Spiritual Resilience” by Suzanne Crawford O’Brien. The author is a professor at Pacific Lutheran University. From the publisher’s description: Religious and […]
FROM THE PUBLISHER
The sneaker company Converse has removed a social media ad that sparked outrage among critics who viewed it as evoking the Ku Klux Klan and lynching. The Instagram ad photo showed K-pop singer Karina wearing a skirt and holding a pair of Chuck 70 X sneakers. Critics lashed out online, saying that a white triangular […]
FROM THE PUBLISHER
If you couldn’t get to this weekend’s biggest rummage sale on Saturday, you have another chance, until 3 pm today – and the deals are even bigger, because everything is half-price! We just stopped by Fauntleroy Church‘s Second-Time Sale for photos of what remains available. This curated sale raising money for church programs (such as […]