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Real World Economics: Bonds are in the news. But what exactly is going on?

Published Mon, 23 Dec 2024 17:41:19 GMT

Edward LottermanBonds are in the news — and their fluctuations in yields and price are influencing stocks and the overall economy.But even those who understand what’s going on may have a hard time explaining how this affects the “real world” that you and I live in.“Bond Market Volatile;” “Bonds React to GDP Numbers;” “Yields and Prices Fluctuate In Bond Markets,” are all recent headlines. But what does it all mean?Unfortunately, this can be a bit confusing even for well-educated financially literate members of the general public.What exactly is the “price” of a bond and how could it fluctuate? What is the “yield?” Is that different from a bond’s interest rate? What exactly is a “bond” itself?And how is a corporate bond issued by, say, Boeing, different from a share of stock in Boeing? How is a bond different from a CD? What is a “bond fund?” And what in the heck is a U.S. Treasury “bill” or “note” as opposed to a “bond”?It’s time for a primer.A bo...

UMD, Hibbing hockey alum Adam Johnson dies from on-ice accident in England

Published Mon, 23 Dec 2024 17:41:19 GMT

DULUTH — Adam Johnson, a former Minnesota Duluth Bulldogs center and standout for the Hibbing/Chisholm Bluejackets, has died following a serious on-ice accident Saturday in England. He was 29.Johnson, of Hibbing, was in his first season with the Nottingham Panthers of the United Kingdom’s Elite Ice Hockey League. The Panthers were playing the Sheffield Steelers on Saturday night in Sheffield when the game was halted in the second period due to what a Panthers’ social media account said was ” a bad injury.”Nine minutes later the Panthers posted fans were asked to leave the arena “due to a major medical emergency.” The team and EIHL announced Johnson’s death on Sunday morning.“The Panthers would like to send our thoughts and condolences to Adam’s family, his partner, and all his friends at this extremely difficult time,” the Panthers posted on X, formerly known as Twitter. “Everyone at the club including players, staff, management and ownership are ...

Colorado snow totals for Oct. 29, 2023

Published Mon, 23 Dec 2024 17:41:19 GMT

The following Colorado snow totals have been reported by the National Weather Service for Oct. 29, 2023, as of 8:38 a.m. Sunday:Alma, CO — 12 inches at 7:30 a.m. MDTArvada, CO — 6.3 inches at 5 a.m. MDTAspen Park, CO — 9 inches at 7:54 a.m. MDTAurora, CO — 6.1 inches at 6 a.m. MDTBailey, CO — 9.6 inches at 8:08 a.m. MDTBennett, CO — 4.6 inches at 6:30 p.m. MDT – 10/28/2023Berthoud, CO — 4.5 inches at 8:03 a.m. MDTBoulder, CO — 5.5 inches at 6:27 a.m. MDTBreckenridge, CO — 16 inches at 7:46 a.m. MDTBroomfield, CO — 4 inches at 7:31 a.m. MDTCastle Pines, CO — 10.6 inches at 6:59 a.m. MDTCastle Rock, CO — 8 inches at 8:32 p.m. MDT – 10/28/2023Centennial, CO — 8 inches at 7:40 a.m. MDTCherry Creek Rese, CO — 6.4 inches at 9:58 p.m. MDT – 10/28/2023Cherry Creek Reser, CO — 4 inches at 7:27 p.m. MDT – 10/28/2023Cherry Creek Reserv, CO — 8.5 inches at 6:10 a.m. MDTCherry ...

Fans, 'Friends' co-stars react to Matthew Perry's sudden death

Published Mon, 23 Dec 2024 17:41:19 GMT

The entertainment world is reeling from the news of ‘Friends’ star Matthew Perry's passing, with fellow actors, studio executives and fans alike paying tribute to one of America’s most iconic sitcom actors. According to reports, Perry died at his Pacific Palisades home on Saturday.His assistant, who was asked by Perry to run an errand for him, returned to find him unresponsive in his jacuzzi, TMZ said.One of the first to react to Perry’s death was Warner Bros. Television; all ten seasons of ‘Friends’ were shot at their studios in Burbank. “We are devastated to learn of Matthew Perry’s passing,” the studio said on X, formerly Twitter. “He was a true gift to us all. Our heart goes out to his family, loved ones and all of his fans.” FRIENDS -- Pictured: (clockwise from bottom left) Courteney Cox Arquette as Monica Geller, Matt LeBlanc as Joey Tribbiani, Lisa Kudrow as Phoebe Buffay, David Schwimmer as Ross Geller, Matthew Perry as Chandler Bing, Jennifer Aniston as Rachel Green -...

Man fatally shot in Oakland’s Uptown district

Published Mon, 23 Dec 2024 17:41:19 GMT

OAKLAND — A 34-year-old man was fatally shot in the Uptown district Sunday morning, authorities said.His name has not yet been released. Police said he was an Oakland resident.Related ArticlesCrime and Public Safety | San Francisco homicide: Man stabbed in Mint Hill Crime and Public Safety | San Francisco homicide: Person shot in Fillmore Crime and Public Safety | During manhunt for suspect in Maine shooting that killed 18, authorities twice converge Thursday on his last known residence Crime and Public Safety | Man killed in Fremont shooting on Wednesday evening Crime and Public Safety | At least 16 people dead, sources say, as a ‘person of interest’ is being sought in two shootings in Lewiston, Maine The man was shot about 3:21 a.m.  Sunday in the 400 block of 19th Street between Broadway and Franklin Street.Police responding to a gunshot detection system alert found the man shot on the sidewalk....

Veteran’s Day event set for Cupertino’s Memorial Park

Published Mon, 23 Dec 2024 17:41:19 GMT

Vet’s Day eventCupertino residents are invited to a Veterans Day event on Nov. 11 at 11 a.m. at the Cupertino Veterans Memorial located at Memorial Park. The event was created in 2007 after Cupertino resident Matt Axelson, a Navy Seal, was killed in Afghanistan in 2005 during operation Red Wing. This year’s speakers are former Secretary of the Army Francis Harvey and a retired Navy Seal Capt. Thomas Dietz.Fruit fly quarantineSome areas of Cupertino are within a portion of Santa Clara County that the California Secretary of Agriculture has placed under quarantine for the oriental fruit fly following the detection of eight flies in Santa Clara and Sunnyvale. These areas are expected to remain under quarantine until June 1, 2024.The oriental fruit fly is known to infest more than 230 fruits and vegetables, including valuable California crops. To prevent their spread, residents in the quarantine areas should not move homegrown fruits and vegetables from their property. This produce may,...

Saratoga Education Foundation sets date for 2nd annual 5K Fun Run

Published Mon, 23 Dec 2024 17:41:19 GMT

5K Fun Run and WalkWhile noting that attracting more than 900 participants to its inaugural 5K Fun Run and Walk last year was no mean feat, the Saratoga Education Foundation is hoping to improve upon that number for its second annual event on Nov. 5.This year’s 5k begins at 8:30 a.m. at Redwood Middle School, 13925 Fruitvale Ave., and loops back to the campus for post-race activities including food trucks, awards, raffles, games and a special Kids Dash for children 5 and under. All proceeds from the event benefit specialized educational programs in Saratoga Union School District like elementary makerspace and science labs, general music, physical education and middle school STEM class.Registration is $25 for youth and $45 for adults at https://saratoga5kfunrun.itsyourrace.com. Fees include custom t-shirts and post-race refreshments.Gun safety talkThe Sunnyvale Democratic Club’s book group is co-sponsoring a Nov. 16 presentation by author Griffin Dix, whose new book chronicles his le...

Bengals coach Zac Taylor built his team with 49ers in mind

Published Mon, 23 Dec 2024 17:41:19 GMT

SANTA CLARA — The Cincinnati Bengals have ascended to a power position in the AFC in part because coach Zac Taylor paid close attention to the 49ers.The Bengals are 3-3 and like the 49ers have knocked on the door of winning a Super Bowl championship in each of the last two years without getting the ultimate payoff.Taylor, 40, was a surprise hire in 2019 in that his only stint as an offensive coordinator was in 2015 with Miami, having taken over play-calling duties for the last five games after Bill Lazor was fired.Before joining the Bengals, Taylor was the wide receivers coach for the Los Angeles Rams in 2017 and quarterbacks coach for a team that advanced to the Super Bowl under Sean McVay in 2018.While with the Rams, Taylor watched the NFC West rival 49ers closely. After they went 6-10 in 2017 and 4-12 in 2018 following quarterback Jimmy Garoppolo’s torn ACL, the 49ers took off in 2019 and went 13-3.In Taylor’s first two seasons in Cincinnati, the Bengals were 2-...

Hive mind project nets scholarship for Campbell teen

Published Mon, 23 Dec 2024 17:41:19 GMT

Busy as a beeAnna Yang, 18, of Campbell is among 21 Davidson Fellows Scholarship Program winners for 2023. Yang, a freshman at Stanford University, won a $10,000 scholarship for her project, Smart Bee Colony Monitor: Internet of Things Device and Fusion Convolutional Neural Network for Queen Assessment.A beekeeper for five years, Yang learned that Colony Collapse Disorder often occurs because the queen dies or is unable to reproduce, and that experienced beekeepers can determine whether the queen is alive purely by the sound of the hive. She used this knowledge to build a WiFi module equipped with sensors to capture data inside and outside the hive to determine whether the queen is present and healthy.The Davidson Fellows Scholarship program offers $50,000, $25,000 and $10,000 college scholarships to students 18 or younger,who have completed significant projects that have the potential to benefit society in the fields of science, technology, engineering, mathematics, literature and ...

New Museum Los Gatos taking submissions for high school art show

Published Mon, 23 Dec 2024 17:41:19 GMT

ArtNow submissions openNew Museum Los Gatos (NUMU) is accepting submissions for ArtNow 2024, its annual Santa Clara County juried high school exhibition. Students are invited to create an original work of art that explores being “In Transition” from childhood into adulthood.This year’s theme was co-created with the ArtNow Teen Council with an eye toward making the program widely accessible and relevant to teenagers living across Santa Clara County.Submissions are open through Jan. 28, 2024. For requirements and more information, visit https://newmuseumlosgatos.submittable.com.Math whizzesThe Los Gatos-Saratoga Union High School District ranked No. 1 in the state in mathematics on this year’s standardized tests, taken by juniors this spring. More than 73% of the district’s 11th-graders met or exceeded the state standards in math, compared to 59.5% of students in Santa Clara County and almost 47% of juniors throughout the state. District juniors also met or exceeded the state standard...