Between the implementation of not one but two massive new infrastructure laws, the darkest years of the pandemic, and the rise and (slight) fall of America’s roadway death epidemic, the last four years have been nothing short of momentous for U.S. transportation. And as Deputy Secretary at the federal DOT, Polly Trottenberg was second-in-command for all it — as well as being the driving force behind some of the most significant policies aimed at tackling them.We sat down with Trottenberg for something of an exit interview about the Biden administration’s legacy, and why she’s staying optimistic even as America enters an…
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In order to justify the effort of selecting individual stocks, it’s worth striving to beat the returns from a market index fund. But in any portfolio, there are likely to be some stocks that fall short of that benchmark. Unfortunately, that’s been the case for longer term Simmons First National Corporation (NASDAQ:SFNC) shareholders, since the share price is down 22% in the last three years, falling well short of the market return of around 38%. On the other hand the share price has bounced 8.4% over the last week. Although the past week has been more reassuring for shareholders, they’re…
Preparations are underway as a cold snap bears down on much of the U.S., bringing below freezing temperatures and snow.An arctic cold airmass is expected to hit the Atlanta area, which would see temperatures plummet Sunday evening. The National Weather Service in Atlanta said some locations will stay below freezing “for a few days.””Please begin to take precautions this weekend,” the agency said in a post on X.In Connecticut, most of the state will receive about four to ten inches of snow beginning late Sunday afternoon into Monday morning. A fleet of more than 600 snowplows and specialized snow removal equipment…
WEST PALM BEACH, Florida (Reuters) – President-elect Donald Trump headed to Washington on Saturday ahead of his inauguration on a U.S. military airplane supplied by U.S. President Joe Biden, as the outgoing president emphasized sticking with traditional transition norms. Trump will arrive in Washington on Saturday evening for celebrations to mark his return to office on Monday. For the occasion, he is ditching his navy and crimson “Trump Force One” he often flies in favor of a government plane Biden sent to Florida. Biden has stressed to his officials that they must work with Trump’s transition team, a sharp contrast…
In doing the hard work of writing this column, I came to frame its evolving concept as: “French Cinema vs the Trailer Park Boys.” The idea popped into my head during a conversation with my wife, Pam, about how much sense it makes to “invest” in certain activities in semi-retirement or retirement.Many readers are presumably rocketing toward or have matured beyond my age of 71, so you may not be familiar with the Trailer Park Boys oeuvre. The 12-season series’ intricate plot follows the fictional adventures of three foul-mouthed, pot-smoking, petty criminals, one of whom is a shopping cart thief…
Meeting with a delegation from the Catholic Foundation of Verona, Pope Francis reaffirms the moral obligation based on the Church’s social doctrine to use financial resources to serve the common good and condemns investments in the arms industry. By Lisa Zengarini Pope Francis on Saturday strongly reaffirmed the ethical responsibility of using financial resources for the betterment of humanity. Addressing a delegation from the Catholic Foundation of Verona, a division of Generali Italia insurance company, the Pope emphasized the need to direct wealth toward initiatives that support the vulnerable and align with the Church’s social doctrine. He contrasted this…
Here’s our Club Mailbag email investingclubmailbag@cnbc.com — so you send your questions directly to Jim Cramer and his team of analysts. We can’t offer personal investing advice. We will only consider more general questions about the investment process or stocks in the portfolio or related industries. This week’s question: Why invest in stocks if the 10-year and 2-year Treasury notes give great returns without risk? Given all the uncertainty this year and with yields rising, why not sit this year on the sidelines holding bonds? Thanks, Eli L. Moving to bonds in the face of rising yields is certainly an…
MOSCOW (Reuters) – Russian forces took control of two more settlements in eastern Ukraine’s Donetsk region, Russia’s Defence Ministry said on Saturday, the latest in a series of gains it has reported in its steady advance westward. The ministry statement said Russian forces were now in control of Petropavlivka, a village between the towns of Pokrovsk and Kurakhove, focal points in fighting in recent months in the area. It also noted the capture of Vremivka, one of a cluster of small towns further south in the Donetsk region. The ministry also said Russian forces hit Ukraine’s military facilities with high-precision…
By Jonathan Landay and Eric Cox WASHINGTON (Reuters) -President-elect Donald Trump’s administration will launch immigration sweeps in multiple U.S. cities almost as soon as he takes office on Monday with Chicago considered a likely first location, officials and rights advocates said. Incoming “border czar” Tom Homan told Fox News on Saturday that “targeted enforcement operations” would quickly pursue some of what he said were 700,000 migrants who are in the U.S. illegally and under deportation orders. He indicated the efforts would occur in several cities. “President Trump has been clear from day one … he’s going to secure the border…
The $112 million Mega Millions jackpot marks the largest win ever on a lottery courier app NEW YORK, Jan. 18, 2025 /PRNewswire/ — Just three weeks into 2025, Mega Millions ® has already crowned its first jackpot of the year. A $112 million winning ticket was ordered using Jackpocket, America’s No. 1 lottery courier app. The lucky winner ordered the ticket in Arizona and matched all six numbers drawn Friday night: the white balls 8, 10, 37, 54 and 69 plus the gold Mega Ball (NYSE:) 22. “This is a transformative moment in lottery history, marking the largest jackpot ever…