Tag: hike

Oil Slips to $78 as Sources Say OPEC+ Weighs Further Output Hike

LONDON—Oil fell to around $78 a barrel on Friday on the prospect that OPEC+ producers might step up a planned increase in output to ease supply concerns, although crude remained in sight of a three-year high reached this week. The Organization of the Petroleum Exporting Countries and allies, known as OPEC+, meet on Monday. Four…


Czech Central Bank Delivers Biggest Rate Hike in 24 Years to Battle Inflation Spike

PRAGUE—The Czech National Bank (CNB) raised its main rate by 75 basis points on Thursday, surprising markets with its biggest hike since 1997 and sending a signal it would not allow inflationary expectations to grow further amid a price spike. The Czech economy, like others around the world, is facing rising costs as it grapples…


Brazil Raises Interest Rates, Signals 3rd Big Hike Next Month

BRASILIA—Brazil’s central bank on Wednesday raised interest rates by 100 basis points and flagged a third straight hike of that size in October as it battles surging inflation with the world’s most aggressive monetary tightening. The bank’s rate-setting committee, known as Copom, decided unanimously to raise its benchmark rate to 6.25 percent as forecast by…


Incredible Photos Show Bean Goose Performing Odd Upside-Down Aerial Acrobatics Maneuver

It was a cold and rainy day in March when Dutch photographer Vincent Cornelissen grabbed his camera, and set out to snap some bird photos. It was the perfect weather to catch his avian subject matter off-guard for something a little different. He found what he was looking for—and then some. The 49-year-old from Huissen,…


5-Year-Old Boy Conquers Massive 2,100-Mile Appalachian Trail Hike With Mom and Dad in 209 Days

Harvey Sutton, or “Little Man,” as he is known on the Appalachian Trail, won’t have long to bask in the glory of hiking its full length. After all, he starts kindergarten Friday. At 5 years old, Harvey is one of the youngest—and the latest of several youngsters in recent years—to complete the trail, after tagging…


Veterans’ Advocate Hikes New ‘Purple Heart Trail’ in the Rain With Huge American Flag in Rhode Island

A Rhode Island veterans’ advocate is walking the walk, literally, in an effort to raise awareness for Purple Heart veterans across America. On June 25, Veterans of Foreign Wars (VFW) post commander Joe “Tiger” Patrick inaugurated Rhode Island’s brand-new, 42-mile Purple Heart Trail on foot—in the rain, with a huge American flag over one shoulder….


Hiking Workouts Are Good for the Body and Great for the Mind

Before COVID-19, the popularity of hiking was on a downward slope among both adults and children. But its popularity has climbed during the pandemic, as more people take to the trails. Hiking is a great way to experience nature and offers those who do it several physical and mental health benefits. Hiking differs in many…


Fed’s Bostic, Evans Back Rate Rises With Dovish Overtones

As expectations rise that the Federal Reserve will step up its efforts to contain inflation with bigger interest rate hikes, Chicago Fed President Charles Evans and Atlanta Fed President Raphael Bostic on Thursday provided a somewhat dovish counterpoint. “It’s time that we get off of our emergency stance—I think it’s really appropriate that we move…