Monthly Archives: July 2022

Experts say it’s ‘meaningless’ to compare case counts, positivity rates from the current COVID-19 wave driven by the Omicron BA.5 subvariant to earlier spikes

Rapid test device for COVID-19. Massimiliano Finzi/Getty Images Comparing current COVID-19 data like positivity rate to prior waves in the pandemic is now “meaningless,” experts said.  The widespread use of rapid at-home testing has skewed the data, public health researchers said. It’s “not useful to make comparisons to prior points in the pandemic,” a public…

Treasury Inflation-Protected Securities can preserve your investment when the value of a dollar decreases

The principal value of Treasury Inflation-Protected Securities is adjusted in tandem with the Consumer Price Index (CPI). nortonrsx/Getty Treasury Inflation-Protected Securities (TIPS) are issued by the US government. The principal value of TIPS is linked to the Consumer Price Index (CPI).  TIPS can be a good hedge against inflation, but there are downsides to consider. …

The Treasury yield curve inversion is deepening as a key warning of a coming recession flashes its strongest signal since 2007

Americans have plenty of savings and should keep spending, JPMorgan Asset Management has said. Justin Sullivan/Getty Images On Tuesday, a closely watched recession indicator gave its strongest signal since 2007.  An inverted yield curve between the 2 and 10 year Treasury notes has preceded recessions in 1990, 2001, and 2008.  Fed Chair Jerome Powell has…

NASA reveals more stunning images from James Webb telescope

NASA has unveiled the first batch of full-color images that the James Webb Space Telescope has sent back to Earth. NASA, the European Space Agency, Canadian Space Agency and the Space Telescope Science Institute determined the initial targets to show off the JWST’s capabilities. They include the Carina Nebula, Southern Ring, SMACS 0723, WASP-96b and…

‘Kirby’s Dream Buffet’ looks like a mash-up of ‘Fall Guys’ and ‘Mario Party’

Even though there’s already been one major Kirby game this year, Nintendo’s lovable pink puffball is making a second appearance sometime later this summer in Kirby’s Dream Buffet.  While Nintendo’s official description is a bit sparse, Kirby’s next adventure is billed as a four-player party game that will see gamers “roll through a smorgasbord of…