Commerce Secretary Gina Raimondo seen taking Janet Yellen’s job at Treasury after midterm elections

The Biden White House could experience a changing of the guard after November’s midterm elections, and analysts see the U.S. Treasury as one department that’s likely to get a new leader. The period “after a midterm shellacking” would be a “natural culling point” at the White House, said Ben Koltun, director of research at Beacon … Read more

‘A game of catch and release’: Are recent stock-market rallies the beginning of a bull run?

The US stock market’s deteriorating breadth means rallies may be short-lived, according to Charles Schwab’s chief investment strategist Liz Ann Sonders. “Even in the most brutal of bear markets, you get sharp, counter-trend rallies,” Sonders said in a phone interview on Thursday. In her view, the stock market’s recent moves higher, like the one leading … Read more

Reich remembered for leadership and magnetic personality Local News

Starting as a Red Cross volunteer at Hamilton Medical Center in 1962, Dot Reich spent more than 50 years as an advocate and supporter of the Hamilton Health Care System. She spent almost two decades on the board of the Whitfield Healthcare Foundation, Hamilton’s fundraising arm, and 10 years on the board of the Hamilton … Read more

The beginning of the end of the stock market’s correction could be near

The end of the US stock market’s correction is looking a lot closer. That’s the conclusion of a contrarian analysis of market timer sentiment. It’s encouraging, from a contrarian perspective, that the market timer community in recent days has become extremely pessimistic – as pessimistic, in fact, as it has been at a prior market … Read more