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Fed Minutes Show Confidence Improving on Growth, Price Outlook

By Updated on Federal Reserve officials grew more positive on the economic outlook, citing “substantial underlying economic momentum,” and were increasingly optimistic about achieving their inflation target, according to minutes of last month’s policy meeting. Fed officials “anticipated that the rate of economic growth in 2018 would exceed their estimates of its sustainable longer-run pace…

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Americans’ Economic Expectations Reach Second-Highest Since 2002

By Americans’ outlook for the U.S. economy improved in February to the second-highest level since March 2002, indicating lower taxes are resonating, the Bloomberg Consumer Comfort Index showed Wednesday. Highlights of Consumer Comfort (Week Ended Feb. 18) Monthly gauge of economic expectations climbed to 54.5 from 52.5 in January Weekly comfort index was little changed at 56.6 after 57…

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Sea urchins can drill holes in solid rock with just their teeth

Larry Geddis / Alamy Stock PhotoBy Lakshmi Supriya Sea urchins can scrape their way through solid rock to make themselves homes. This ability has long been suspected but never demonstrated, until now. Michael Russell at Villanova University in Pennsylvania and his colleagues studied purple sea urchins (Strongylocentrotus purpuratus), which live along the west coast of…

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Mueller investigating whether Paul Manafort offered banker a job in Trump White House in exchange for loans

Getty Images Former Trump campaign chairman Paul Manafort (L) arrives at a federal courthouse with his attorney Kevin Downing (R) November 2, 2017 in Washington, DC. Special counsel Robert Mueller is investigating whether ex-Trump campaign chief Paul Manafort promised to get a Chicago banker a job in the White House in exchange for $16 million…

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Paul Manafort and Rick Gates are reportedly facing new charges in Mueller probe’s money laundering case

New criminal charges have been filed under seal in special counsel Robert Mueller's case against former Trump campaign officials Paul Manafort and Rick Gates, multiple outlets reported Wednesday. The charges, first reported by Politico, were put under seal by Judge Amy Berman, keeping details about the charges themselves from public view. The development follows the…

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