Mark Hamrick @hamrickisms
Senior Economic Analyst, Washington Bureau Chief for Bankrate. Senior Director for Red Ventures. 104th president of The National Press Club. linkedin.com/in/markhamrick/ Washington, DC Joined February 2008-
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In news of writing style via @AP:
An ugly print for consumer confidence from @Conferenceboard: April index DN 6.1 points to 97. Below expectations, it fell to the lowest level since July ‘22 and only the second sub-100 reading since Aug ‘22. Assessments of both current conditions and expectations declined. The…
Can the interests of workers, employers, and central bankers be aligned? It's a tough call sometimes. The latest case in point is employment costs. Compensation costs for civilian workers rose by 1.2% in the 3 months ending March '24, with wages and salaries up by 1.1% and…
Buy or rent? Study shows renting is more affordable in the 50 largest metros bankrate.com/real-estate/re…
Putin unchecked continues to take extreme measures to stifle not only dissent but access to truthful information:
Putin unchecked continues to take extreme measures to stifle not only dissent but access to truthful information:
The Washington Post opinion page comes in hot against the Federal Reserve’s “dot plot”:
The first bank failure of the year: Republic First Bank, dba as Republic Bank, has failed and Fulton Bank has acquired it -- according to the Federal Deposit Insurance Corp. (FDIC). Here's a look at previous bank failures: bankrate.com/banking/list-o…
@MattAtBankrate @hamrickisms @SABEW Not a surprise that @MattAtBankrate is succeeding. Diligent, hard-working and high-quality individual.
Can the recent pace of consumer spending be sustained? In today's data showing spending rising more than income, the March personal saving rate slipped to 3.2%, DN from Feb's 3.6%. It marks the lowest level since Oct. '22. Here's a look at the savings rate over the past 10 yrs…
🇺🇸#Inflation: Moderate monthly momentum & not as hot as feared in March ✅ 🟡Headline PCE prices +0.32% m/m 🟡Core PCE prices: +0.32% m/m 🎯Moving toward 2.5% inflation plateau: ⤴️Headline inflation +0.2pt to 2.7% ↔️Core inflation flat 2.8%: low since Mar '21
Inflation continues to be a pain in the wallet. @Bankrate's @sarahffoster breaks down the drivers of still elevated prices and sticky inflation. bankrate.com/banking/federa…
In the "we told you so" department: wsj.com/finance/invest…
My sincere appreciation for my colleagues and our friends in Chicago: linkedin.com/posts/markhamr…
Thank you so much for the kind words, @hamrickisms! And thank you for introducing me to @SABEW!
Thank you so much for the kind words, @hamrickisms! And thank you for introducing me to @SABEW!
High interest rates are going to be with us for a while. And that's including mortgage rates with the latest @Bankrate weekly average above 7%. bankrate.com/mortgages/anal…
Congratulations to my tremendous @Bankrate colleague Matt Goldberg (aka @MattAtBankrate) who won re-election to the @SABEW board. SABEW is the leading association of business/financial journalists. Thank you to Matt and all the others who volunteer for this worthy cause!…
Tesla's battered stock rebounds as the EV maker tells Wall Street what it wants to hear: A cheaper vehicle will be available next year. bankrate.com/investing/tesl… @Bankrate @briandbaker1 $TSLA
The @FTC does not pull its punches, banning noncompetes for everyone except senior executives with existing contracts -- after years of research and reporting showing that they prevent workers from bargaining for better wages and working conditions. ftc.gov/news-events/ne…
Bill McCarren @mccarrennews
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20 Years of Top Trending Google Searches 🔎 See the full infographic in our archive: visualcapitalist.com/20-years-of-to…
👂🏼LISTEN! ⤵️ “The Sheriff is LIVE at Jazz Fest!” Hour 1 (F4/26 • 33m) Newell is broadcasting LIVE at the NO Jazz & Heritage Festival @jazzfest! This Hour, the Sheriff talks to: John Ed Laborde, Panaroma Foods Inc., Marksville, LA, creator of crawfish bread…Bud Brimberg…⤵️
The first bank failure of the year: Republic First Bank, dba as Republic Bank, has failed and Fulton Bank has acquired it -- according to the Federal Deposit Insurance Corp. (FDIC). Here's a look at previous bank failures: bankrate.com/banking/list-o…
It’s not an open letter asking to buy it, but I did enjoy this car quite a bit @WTOP wtop.com/gallery/car-re…
Treasury yields slip from 2024 highs after Fed’s favored inflation gauge meets expectations marketwatch.com/story/treasury…
@MattAtBankrate @hamrickisms @SABEW Not a surprise that @MattAtBankrate is succeeding. Diligent, hard-working and high-quality individual.
@SchuckSports @hamrickisms @SABEW Thank you so much for the kind words, @SchuckSports! Since it's Friday, I still have great memories of us recording The Sports Writer's Show on Fridays for ESPN 1440 and then going out to lunch!
@hamrickisms @Bankrate @MattAtBankrate @SABEW I second the motion.
Membership benefit spotlight✨ Being a National Press Club member gets you exclusive access to our restaurant, Reliable Source
Emily Wilkins, president of @PressClubDC knocks it out of the park @RFERL event on press freedom. So proud of her! @CNBC
Thank you so much for the kind words, @hamrickisms! And thank you for introducing me to @SABEW!
Congratulations to my tremendous @Bankrate colleague Matt Goldberg (aka @MattAtBankrate) who won re-election to the @SABEW board. SABEW is the leading association of business/financial journalists. Thank you to Matt and all the others who volunteer for this worthy cause!…
When did it become acceptable to talk on speaker phone in public places?
@hamrickisms @Bankrate That's a great point. I have a difficult time believing it's not just raining where my friend is at. But you make a great point.
No wonder we work in the "dismal science." So far this morning I've read if #GDP is too hot, no rate cuts this year; if it's too low the economy is really in trouble. Howabout if GDP is solid to strong, millions more Americans get jobs and higher wages.
Prudent
"Keep your money in the Savings Bank" Soviet matchbox label, 1960s.
The Twinbrook Station escalator replacement project is finished! Come experience a ✨brand-new ✨ escalator featuring LED lighting and UV-C disinfection features. #YourMetro #wmata
Great moonrise last night.
Editor in Chief @calebsilver will join @RunnymedeCap and guests at LIVE at 1PM ET @inspiredmoneyfm today for a conversation on 'Financial Lessons from History: Insights from Economic Crises'. Tune in: youtube.com/live/jpjUNjf3O…
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