Washington, CA…Nearly $200 billion in life insurance and annuity benefits provided families and retirees with financial security. New data from the American Council of Life Insurers (ACLI) shows that life insurance companies paid $100 billion to beneficiaries of life insurance policies and $97.7 billion to annuity holders in 2021, both record highs for a single […]
Burbank, CA…The Walt Disney Company (NYSE: DIS) announced today that Robert A. Iger is returning to lead Disney as Chief Executive Officer, effective immediately. Mr. Iger, who spent more than four decades at the Company, including 15 years as its CEO, has agreed to serve as Disney’s CEO for two years, with a mandate from […]
“The people have spoken. Trump will be reinstated. Vox Populi, Vox Dei.” ~ Elon Musk
Sacramento, CA…The following is the executive summary from the Legislative Analyst’s Office on CA’s finances….”Economic Conditions Weigh on Revenues. Facing rising inflation, the Federal Reserve—tasked with maintaining stable price growth—repeatedly has enacted large interest rate increases throughout 2022 with the aim of cooling the economy and, in turn, slowing inflation. The longer inflation persists and […]
Washington, DC…The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4 percent in October on a seasonally adjusted basis, the same increase as in September, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 7.7 percent before seasonal adjustment. The index for shelter contributed over […]
Cape Canaveral, FL…SpaceX Launched a Falcon Heavy USSF-44 mission to a geosynchronous Earth orbit from Launch Complex 39A (LC-39A) at Kennedy Space Center in Florida. Following booster separation, Falcon Heavy’s two side boosters landed at SpaceX’s Landing Zones 1 and 2 (LZ-1 and LZ-2) at Cape Canaveral Air Force Station in Florida. And yes all […]
Washington, DC…Real gross domestic product (GDP) increased at an annual rate of 2.6 percent in the third quarter of 2022 (table 1), according to the “advance” estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP decreased 0.6 percent. The GDP estimate released today is based on source data that are incomplete […]
Nashville, TN…Parlement Technologies is pleased to announce that it has entered into an agreement in principle for Ye, formerly known as Kanye West, to acquire the Parler platform. The acquisition ensures Parler a future role in creating an uncancelable ecosystem where all voices are welcome. Says Parler CEO George Farmer, “This deal will change the […]
Sacramento, CA…On the heels of Governor Gavin Newsom’s $6.5 billion investment of taxpayer money to expand broadband infrastructure and enhance internet access for unserved and underserved communities, today construction began in rural San Diego County on the first leg of the 10,000-mile broadband network aimed at bringing high-speed internet services to all Californians, no matter […]
Washington, DC…The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4 percent in September on a seasonally adjusted basis after rising 0.1 percent in August, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 8.2 percent before seasonal adjustment. Increases in the shelter, food, and […]
