Thursday in Whitewater will be sunny with a high of 70. Sunrise is 5:16 and sunset 8:31 for 15h 14m 24s of daytime. The moon is new with none of its visible disk illuminated.
Whitewater’s Alcohol Licensing Committee meets at 5:30 PM.
On this day in 1944, Operation Overlord, the Allied invasion of Normandy, begins with the execution of Operation Neptune—commonly referred to as D-Day—the largest seaborne invasion in history. Nearly 160,000 Allied troops cross the English Channel with about 5,000 landing and assault craft, 289 escort vessels, and 277 minesweepers participating. By the end of the day, the Allies would land on five invasion beaches and were pushing inland.
Wednesday in Whitewater will be sunny with a high of 71. Sunrise is 5:30 and sunset 8:11 for 14h 41m 31s of daytime. The moon is in its first quarter with 50.5 percent of its visible disk illuminated.
The Whitewater School Board meets in closed session shortly after 5 PM, to return to open session thereafter this evening. Whitewater’s Parks & Rec Board meets at 5:30 PM.
On this day in 1911, in Standard Oil Co. of New Jersey v. United States, the United States Supreme Court declares Standard Oil to be an “unreasonable” monopoly under the Sherman Antitrust Act and orders the company to be broken up.
Inflationshowed some signs of improvementin April, as policymakers grapple with whether their fight against abnormally high price growth is losing ground.
Data released Wednesday from the Bureau of Labor Statistics showed prices rose 3.4 percent in April, compared with the year before. That’s down a bit from the 3.5 percent notched in March, and follows months of hotter-than-expected reports. Prices rose 0.3 percent compared with the month before.
In a particularly encouraging note, a key reading of inflation known as “core” — which strips out more volatile categories like food and energy — rose 0.3 percent. That measure was up 3.6 percent on an annual basis, the lowest year-over-year increase since 2021. Policymakers pay close attention to that gauge because it helps them tease out stickier sources of inflation from the kinds of rising prices that typically bounce around month to month.
If conditions improve nationally, and if that national improvement reaches Whitewater, then what will local policymakers make of that improvement? If conditions do not improve nationally, and that lack of improvement besets Whitewater, then how will local policymakers carry on?
Bringing back policymakers from the failed past will only ensure a failed future. Again, a reminder:
The only reason to return to the policies and leaders of the past would be if someone had no hope of either any possible growth or no hope for ameliorating any possible decline. That is, yesterday’s self-promoting mediocrities would be of value to Whitewater only if nothing anyone did would matter. See Whitewater’s Still Waiting for That Boom and Now is Whitewater’s Time to Seize an Improving National and State Economy. Only hopelessness among many or the selfishness of a few would lead Whitewater to return to her economic past.
People choose freely, sometimes well, sometimes poorly.
Friday in Whitewater will be cloudy with evening showers and a high of 60. Sunrise is 5:53 and sunset 7:51 for 13h 57m 12s of daytime. The moon is a waning gibbous with 93.5 percent of its visible disk illuminated.
Asking that his hands be raised to his face so that he could see them, Booth uttered his last words, “Useless, useless,” and as dawn was breaking he died of asphyxiation as a result of his wounds
The Federal Reserve’s most closely watched inflation measure remained stubborn in March, the latest evidence that price increases are not fading as quickly as policymakers would like, and another reason that interest rates may stay higher for longer.
Investors came into 2024 hopeful that Fed officials would cut rates substantially this year, but those hopes have been fading as inflation has shown much more staying power than expected. Wall Street increasingly sees lower rates coming much later in the year, if the Fed manages to cut them at all.
The latest Personal Consumption Expenditures index reading could keep the Fed on a cautious path as it considers when to lower borrowing costs.
The overall inflation index rose by 2.7 percent in the year through March, up from 2.5 percent in February and slightly more than economists had expected.
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Investors are now betting that the Fed might make its first move in September or later, based on market pricing, and a small but growing share think that it may not manage to cut rates at all this year.
Wednesday in Whitewater will be mostly sunny with a high of 66. Sunrise is 6:18 and sunset 7:32 for 13h 13m 48s of daytime. The moon is a waxing crescent with 4.4 percent of its visible disk illuminated.
On this day in 1872, the first Arbor Day (in America) is celebrated in Nebraska.
A closely watched measure of inflation remained stronger than expected in March, worrying news for Federal Reserve officials who have become increasingly concerned that their progress on lowering prices increases might be stalling.
The surprisingly stubborn inflation reading could raise doubts about when the Fed will be able to start cutting interest rates, and how much they will be able to reduce borrowing costs this year.
The Consumer Price Index climbed 3.8 percent on an annual basis after stripping out food and fuel prices, which economists do in order to get a better sense of the underlying inflation trend. That was stronger than the 3.7 percent increase economists expected, and unchanged from 3.8 percent in February. The monthly reading was also stronger than what economists had forecast.
On an overall basis, the inflation measure climbed 3.5 percent in March from a year earlier, up from 3.2 percent in February and faster than what economists have anticipated. A rise in gas prices contributed to that inflation number.
Lower than it was a year ago, higher than consumers (and the Federal Reserve) would like.
Thursday, Pi Day, in Whitewater will be rainy with a high of 50. Sunrise is 7:05 and sunset 7:01 for 11h 55m 37s of daytime. The moon is a waxing crescent with 23.2 percent of its visible disk illuminated.
Pelican Island National Wildlife Refuge is a United StatesNational Wildlife Refuge (NWR), and part of the Everglades Headwaters NWR complex, located just off the western coast of North Hutchinson Island in the Indian River Lagoon east of Sebastian, Florida. The refuge consists of a 3-acre (12,000 m2) island that includes an additional 2.5 acres (10,000 m2) of surrounding water and is located off the east coast of Florida of the Indian River Lagoon. Established by an executive order of PresidentTheodore Roosevelt on March 14, 1903, Pelican Island was the first National wildlife refuge in the United States.[3] It was created to protect egretsand other birds from extinction through plume hunting. The oldest government wildlife refuge of any kind in North America is the Lake Merritt Bird Refuge in Oakland, California. Oakland Mayor Samuel Merritt declared it a wildlife refuge for migrating birds in 1869. In 1870, the state of California designated Lake Merritt a state game refuge.
SpaceX launched Starship, the most powerful rocket ever built, on a journey part of the way around Earth. It was the rocket’s third test flight.
The nearly 400-foot-tall vehicle is being built to carry astronauts to the moon for NASA, and perhaps someday to send humans to Mars.
The vehicle flew twice last year from a SpaceX launch site in Boca Chica, Texas, along the coast of the Gulf of Mexico. Both flights ended within minutes, resulting in explosive events, providing useful data for SpaceX’s engineers as they aim to complete a full mission.
During this third trip, SpaceX is hoping to achieve a better performance for the rocket, reaching higher altitudes and perhaps even speeds that would be capable of carrying the vehicle to orbit.
Here’s what else you need to know about the flight:
The launch began at 9:25 a.m. Eastern time, more than an hour into a 110-minute launch window that started at 8 a.m. Later starts during test flights are not uncommon. The company said it needed to clear boats from a safety zone in the Gulf of Mexico, and weather conditions did not prevent a liftoff.
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The Starship system consists of two stages — the Super Heavy rocket booster and the upper-stage spacecraft, which is also called Starship. The company intends both to be fully reusable in the future.
The ship was likely lost well after launch, but for today, it was the launch and higher altitude that mattered (as they were the key hurdles of this phase of the project).
Sunday in Whitewater will be sunny with a high of 45. Sunrise is 7:12 and sunset 6:56 for 11h 43m 55s of daytime. The moon is new with 0.1 percent of its visible disk illuminated.
On this day in 241 BC, at the Battle of the Aegates, the Romans sink the Carthaginian fleet bringing the First Punic War to an end.
Wisconsin’s employment and jobs picture got off to a strong start in January, setting records in the number of jobs, the number of private sector jobs, the number of construction jobs as well as overall employment, the state labor department reported Thursday.
“We’ve been setting new employment records most of all last year and continued into this year,” said Dennis Winters, chief economist at the Department of Workforce Development (DWD), in a briefing Thursday on the January numbers. Looking ahead, there’s “nothing, that seems to us, that’s going to turn things down much.”
Data from the federal Bureau of Labor Statistics (BLS) projected that nearly 3.05 million Wisconsin residents were employed in January. The figure is derived from a federal government household survey.
From a separate survey that asks employers how many jobs they have on their payroll, the BLS projected there were nearly 3.03 million jobs in Wisconsin, including more than 2.6 million private sector jobs and 140,000 construction jobs.
All four data points marked new records for the state, Winters said.
Tuesday in Whitewater will be mostly sunny with a high of 37. Sunrise is 6:53 and sunset 5:24 for 10h 30m 15sof daytime. The moon is a waxing crescent with 18.6% of its visible disk illuminated.
The Whitewater School Board’s Calendar Committee meets at 4 PM, and Whitewater’s Public Works Committee meets at6 PM.
On this day in 1689, William and Mary are proclaimed co-rulers of England.
Prices cooled further in January, offering the latest sign that inflation has eased significantly since its pandemic-era surge but still hovers above what policymakers consider normal.
Data from the Bureau of Labor Statistics on Tuesday morning showed prices rose 3.1 percent in January, compared with the year before. They also rose 0.3 percent compared with the previous month.
The report comes as the Federal Reserve presseson in its fight to tame high prices — but the central bank alreadyhas plenty of success in the rearview mirror. After sprinting to hoist interest rates in 2022 and 2023, officials are entering a new phase: cutting borrowing costs multiple times this year. The message is that even though inflation hasn’t settled all the way down, the economy is stable enough for the Fed to take its foot off the brake.
Groundhog Day in Whitewater will be cloudy with a high of 41. Sunrise is 7:07 and sunset 5:09 for 10h 01m 59s of daytime. The moon is a waning gibbous with 53.7% of its visible disk illuminated.
By Detroit Publishing Co. – This image is available from the United States Library of Congress’s Prints and Photographs division under the digital ID det.4a24546. Commons: Licensing., Public Domain, https://commons.wikimedia.org/w/index.php?curid=30037697
The United States delivered a much bigger-than-expected batch of jobs last month, adding further evidence that the economy still has plenty of steam.
Employers added 353,000 jobs in January, the Labor Department reported on Friday, and the unemployment rate remained at 3.7 percent.
After the loss of 14 percent of the nation’s jobs early in the Covid-19 pandemic, the labor market’s endurance for more than three years has surprised economists, who expected factors including the Federal Reserve’s interest rate increases to slow hiring more sharply. The strong data on Friday is likely to reinforce the Fed’s patience in beginning to cut rates.
“There’s layoffs happening, but workers are able to find new positions,” said Sara Rutledge, an independent economics consultant. “It’s almost like a ‘pinch me’ scenario.”
Ms. Rutledge helped tabulate the National Association for Business Economics’ latest member survey, which found increasing optimism that the country would avoid a recession — matching a turnaround in measures of consumer confidence as inflation has eased.
The growth in January was all the more impressive on top of upward revisions to the prior two months, which brought the monthly average job gain in 2023 to 255,000. Professional and business services accelerated to pile on 74,000 jobs, while health care added 70,000. The only major sector to lose jobs was mining and logging.
The bumper crop of added jobs, nearly twice what forecasters had expected, mirrors the similarly surprising strength in gross domestic product measurements for the fourth quarter of 2023.
Now’s the time for communities across America to take advantage of this favorable environment. Now’s the time for Whitewater.
Thursday in Whitewater will be cloudy with a high of 39. Sunrise is 7:17 and sunset 4:59 for 9h 43m 36s of daytime. The moon is full with 100% of its visible disk illuminated.
Whitewater’s Lakes Advisory Committee meets at 5 PM and the Board of Zoning Appeals meets at 6 PM.
When the national economy is poor, it’s unlikely that Whitewater (having for years lagged the national economy) would do well. When the Wisconsin economy is poor, it’s unlikely that Whitewater (having for years lagged the state economy) would do well. Even when the national economy was doing well years ago, Whitewater was behind.
As it turns out, happily, the state and national economies are again doing well. Those favorable economic conditions are an opportunity for Whitewater — now’s the time to join in America’s and Wisconsin’s achievements. Of those national economic gains, there’s more good news from across a continent with 340 million people. Ben Casselman reports U.S. Economy Grew at 3.3% Rate in Latest Quarter (‘The increase in gross domestic product, while slower than in the previous period, showed the resilience of the recovery from the pandemic’s upheaval’):
The U.S. economy continued to grow at a healthy pace at the end of 2023, capping a year in which unemployment remained low, inflation cooled and a widely predicted recession never materialized.
Gross domestic product, adjusted for inflation, grew at a 3.3 percent annual rate in the fourth quarter, the Commerce Department said on Thursday. That was down from the 4.9 percent rate in the third quarter but easily topped forecasters’ expectations and showed the resilience of the recovery from the pandemic’s economic upheaval.
The latest reading is preliminary and may be revised in the months ahead.
Forecasters entered 2023 expecting the Federal Reserve’s aggressive campaign of interest-rate increases to push the economy into reverse. Instead, growth accelerated: For the full year, measured from the end of 2022 to the end of 2023, G.D.P. grew 3.1 percent, up from less than 1 percent the year before and faster than in any of the five years preceding the pandemic. (A different measure, based on average output over the full year, showed annual growth of 2.5 percent in 2023.)
Friday in Whitewater will be snowy, with significant snowfall, and a high of 31. Sunrise is 7:23 and sunset 4:43 for 9h 19m 26s of daytime. The moon is a waxing crescent with 1.8% of its visible disk illuminated.
Ron Feldman, first vice president and chief operating officer at the Federal Reserve Bank of Minneapolis, said the declining rate is encouraging, but it’s still short of the central bank’s goal of bringing inflation down to 2 percent.
“A lot of progress (has been) made on inflation, not at the point at which we are comfortable because we are not at our target,” he said. “We’re likely maybe near a peak (in terms of interest rates), but we’re not at the point at which we can sort of say, ‘We know exactly what we’re going to do.'”
Feldman said projections from the Fed show inflation is expected to continue to come down slowly through 2024, and it’s expected to return to the goal of 2 percent in 2026. During that time, he said unemployment is expected to hover around 4.1 percent.
Feldman also said the Fed may begin lowering interest rates as inflation gets closer to the 2 percent target, but said it’s still too early to know when that will happen.
“If things continue the way they’re going, there’s gonna be some decreases,” he said. “But when those happen, how those happen, and if they happen at all are going to be dependent on the data that comes in.”
Friday in Whitewater will be cloudy with a high of 35. Sunrise is 7:25 and sunset 4:35 for 9h 10m 13s of daytime. The moon is a waning crescent with 35.8% of its visible disk illuminated.
Whitewater’s Community Development Authority will hold a Visioning & Planning Workshop at 11:30 AM.
On this day in 1781, Richmond, Virginia, is burned by British naval forces led by former American general, and traitor to our people, Benedict Arnold.
Talmon Joseph Smith reports U.S. Job Growth Remains Strong (‘The labor market showed continued resiliency in December, with employers adding 216,000 jobs last month, a sign that economic growth remains vigorous’):
The labor market ended the year with a bang.
Employers added 216,000 jobs in December on a seasonally adjusted basis, the Labor Department reported on Friday, surpassing the expectations of economists.It was the 36th consecutive month of gains.
Altogether, the U.S. economy added roughly 2.7 million jobs over the past year. That’s a smaller gain than in 2021 or 2022, during the economy’s initial resurgence from the pandemic lockdowns. Yet the gains of 2023 are still stronger than those in the late 2010s.
The numbers are buoying expectations of what has been called a soft landing — in which the economy is able to avoid significant job loss while shifting into a calmer, more sustainable gear, after the years of disorienting volatility that began with the arrival of Covid-19 roughly four years ago.
Many experts caution that data for December is notoriously hard to calculate in any year because of the hiring churn caused by the holiday season.
The unemployment rate, based on a survey of households, was unchanged at 3.7 percent.
Average hourly earnings for workers — a common measure of wage gains — rose 0.4 percent from the previous month and were up 4.1 percent from December 2022.
Layoffs remain near record lows, beneath prepandemic levels.
A mixture of economic data in the past couple of months that appears neither too hot nor too cold has given a lift to both investors and policymakers at the Federal Reserve, who have been pleasantly surprised at the continuing balance between falling inflation and sustainable growth.
Sunday in Whitewater will see flurries and ice with a high of 33. Sunrise is 7:25 and sunset 4:30 for 9h 05m 36s of daytime. The moon is a waning gibbous with 80.5% of its visible disk illuminated.
On this day in 1759, Arthur Guinness signs a 9,000-year lease at £45 per annum and starts brewing Guinness.
Monday in Whitewater will be windy with a high of 32. Sunrise is 7:20 and sunset 4:22 for 9h 01m 55s of daytime. The moon is a waxing crescent with 35.9% of its visible disk illuminated.
The Whitewater School Board enters closed session shortly after 5:30 PM and returns to open session at 7 PM. Whitewater’s Library Board meets at 6:30 PM.
On this day in 1865, US Secretary of State William Seward proclaims the adoption of the Thirteenth Amendment, prohibiting slavery throughout the United States.
Wonder Bread’s annual sales sits around half a billion dollars for its owner Flowers Foods, despite healthier alternatives like whole grains and sourdough dominating the fragmented U.S. bread industry. While consumer preferences started shifting away from white bread starting in the 1960s, Wonder Bread still enjoys a 94% brand awareness according to Flowers Foods. Watch the video above to learn more about how the once beloved American staple has stuck around a century later.
Embed from Getty Images Christine Dell’Amore writes Ocelots once roamed the U.S. Can we bring them back? (‘Ocelots are a quintessentially American cat—yet a single tropical storm could wipe them off the U.S. map. Will a pioneering new partnership make a difference?’): Only a few centuries years ago, the northern ocelot was a quintessential American…
