The Fed's Favorite Measure Of Inflation Was Surprisingly Tame In November Inflation reaccelerated in November by the measure preferred by policymakers at the Federal Reserve, but not as much as forecasters had expected. 12/20/2024 - 4:32 am | View Link
US stocks surge, dollar eases after cool inflation report By Stephen Culp NEW YORK (Reuters) -Wall Street stocks rose sharply higher on Friday and the dollar softened as cooler-than-expected inflation data helped investors look past the looming possibility ... 12/20/2024 - 4:21 am | View Link
Fed's favored inflation gauge The core PCE Price Index, the Federal Reserve's preferred inflation measure edged up 0.1% M/M in November, less than the +0.2% consensus and cooling from the +0.3% pace in October. On a year-over-year ... 12/19/2024 - 11:31 pm | View Link
Canada Inflation Cools to 1.9% in November Price pressures in Canada unexpectedly eased in November even as core measures of consumer inflation remained sticky, leaving the door open to further interest-rate cuts in the new year but backing ... 12/17/2024 - 6:16 am | View Link
Inflation Is Stuck. Can Trump Unstick It? He has promised to tame price increases. But even a president can only do so much. 12/13/2024 - 1:56 am | View Link
Billionaire philanthropist and insurance magnate Pat Ryan, who founded and is the retired chairman of Aon Corp., and his wife, Shirley, on Dec. 18 sold one of the two condominium units they have owned on the 62nd floor of the Four Seasons Hotel Chicago building on North Michigan Avenue for its $1.3 million asking price.
Pat Ryan is the founder and executive chairman of the insurance holding company that he founded in 2010, Ryan Specialty Group, and he continues to have major influence in his longtime role on the board of trustees of his alma mater, Northwestern University, particularly in athletics. Both Pat and Shirley Ryan founded Pathways, an organization formed to raise awareness and spread knowledge about early detection and intervention for pediatric motor, sensory and communication delays, and in 2017, they integrated Pathways with the Rehabilitation Institute of Chicago in a brand-new hospital building known as the Shirley Ryan AbilityLab.
In the Four Seasons, the Ryans paid $1.9 million in 1989 for the three-bedroom, 2,727-square-foot condo that they just sold, meaning that they took a $600,000 loss on it over 35 years of ownership. In 2018, they paid $4.4 million for a three-bedroom, 4,320-square-foot unit next door to the one they just sold. That larger unit has been on the market since Nov.