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Qtjr Biddeford ends Messalonskee s surprising softball playoff run in Class A state final
The BDN Opinion section operates independently and does not set news policies or contribute to reporting or editing articles elsewhere in the newspaper or on聽bangordailynewsInflation is brutal. The headlines are everywhere. You dont have to leave the Bangor D adidas samba og aily News to find them. Inflation is squeezing Maine loggers. Jerome Powell assures the Feds inflation flight wont trigger recession. Fed unleashes another big rate hike in bid to curb inflation. The Federal Reserve is using its tools to try to put the genie back in the bottle. When they raise interest rates, the cost to borrow money increases. This means people borrow less. When they borrow less, less goes into the economy. With less in the economy, growth slows.When they conduct open market operations, they sell their financial assets. Open your wallet and look at your cash. At the very top, it says Federal Reserve Note. Those notes get returned to the Fed, decreasing the money supply.But inflation 鈥?despite the headlines 鈥?isnt one thing. It looks at lots of prices across the economy and is calculated as a formula based on this basket of goods. Yet, adidas samba og like the regular grocery store, you dont need to take a basket. You can just grab a couple thi yeezy mexico ngs and be on your way.Thats the genesis of the Chart of the Century. It breaks inflation down into various components. While the chart is prepared by a right-leaning institution, the data comes from the Bureau of Labor Statistics. What does it show If you start Hdub 2 years after near-fatal trailer flip, Aroostook County towns consider updating deteriorating boat landings
A billionaire technology investor stunned the entire graduating class at Morehouse College when he announced at their commencement Sunday that he would pay off their student loans 鈥?estimated at up to $40 million.Robert F. Smith, this years commencement speaker, made the announcement while addressing nearly 400 graduating seniors of the all-male historically black college in Atlanta. Smith, who is black, is the founder and CEO of Vista Equity Partners, a private equity firm that invests in software, data and technology-driven companies. On behalf of the eight generations of my family that have been in this country, were gonna put a little fuel in your bus, the investor and philanthropist told owala ca graduates in his morning address. This is my class, 2019. And my family is making a grant to eliminate their student loans. The announcement immediately drew stunned looks from faculty and students alike. Then the graduates broke into the biggest cheers of the morning and stood up, applauding. Morehouse said it is the single largest gift to the college.Though college officials could not provide an estimate of the exact amount owed by owala water bottle the current graduating class, students graduate with an average debt of $30,000 to $40,000, said Terrance L. Dixon, vice president of enrollment management.Smith, who received yeezy website an honorary doctorate from Morehouse during the ceremony, had already announced a $1.5 million gift to the school.Smith said he expected the recipients to pay it forward and said h |
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