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☆ The main driver of inflation is shelter, says Duke University professor Campbell Harvey
  + stars: | 2023-07-05 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe main driver of inflation is shelter, says Duke University professor Campbell HarveyCam Harvey, professor of finance at Duke University’s Fuqua School of Business, joins 'Squawk Box' to discuss the Fed's rate hike campaign, the leading indicators of inflation, and more.
Persons: Campbell Harvey Cam Harvey Organizations: Duke University, Duke University’s Fuqua School of Business
☆ Dr. Mandy Cohen: Biden chooses the next CDC director
  + stars: | 2023-06-16 | by ( Betsy Klein | ) edition.cnn.com   time to read: +9 min
And as Cohen takes on what’s become an increasingly politicized role at the CDC, Biden heralded her capacity to work across the aisle. I look forward to working with Dr. Cohen as she leads our nation’s finest scientists and public health experts with integrity and transparency,” the president said. Cohen will hit the ground running as leader of the world’s finest public health organization saving lives every day. Walensky announced her departure from her government role last month in the days before the Covid-19 public health emergency lifted. As she prepares to step into the role, Cohen inherits an agency wracked with challenges and low morale.
Persons: Joe Biden, Mandy Cohen, Rochelle Walensky, Dr, Cohen, ” Biden, what’s, Biden, Jeff Zients, Zients, “ Dr, ” Cohen, Walensky, –, Obama, ”, Andy Slavitt, “ She’s, Slavitt, Republican Sen, Richard Burr of, she’s, … I’ve, Mandy, ” Burr, Burr, “, ” Slavitt, Roy Cooper, Cohen “, Trump, Cooper, she’ll Organizations: CNN, US Centers for Disease Control, White House, CDC, North, North Carolina’s Department of Health, Human Services, Trump, Biden, Centers, Medicare, Medicaid Services, Yale School of Medicine, Harvard, of Public Health, The Washington Post, Center for Strategic, Studies, America’s Health Security, Republican, White, Democratic North Carolina Gov, Center for Health Sector Management, Duke University’s Fuqua School of Business Locations: North Carolina’s, Chan, “, North Carolina, Richard Burr of North Carolina, North Carolinians
☆ Companies’ Capital Spending Forecast to Slow in 2023 Amid Recession Fears
  + stars: | 2023-01-16 | by ( Kristin Broughton | ) www.wsj.com   time to read: +8 min
Companies are expected to tap the brakes on capital investments this year as they assess the risk of a downturn and contend with higher financing costs. Capital spending in 2021 rose by 9% compared with 2020, the first year of the pandemic, EY said. After two years of spending heavily, some companies want to take a pause to digest the investments they’ve made, advisers said. FedEx Corp. last month lowered its capital spending forecast for the current fiscal year by $400 million, to $5.9 billion. The remainder said they don’t finance their capital spending plans through borrowing, or their borrowing isn’t sensitive to changes in interest rates.
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