LYTHAM ST. ANNES, England (AP) — Shiho Kuwaki of Japan saved par to stay alive in a sudden-death playoff Sunday and won with a par on the second extra hole to claim the Women's British Open over Esther Henseleit of Germany for her first major title. Kuwaki closed with a 1-under 70 and ...
DETROIT (AP) — Michael Thorbjornsen pumped his right fist after making a 26-foot putt for birdie on his last hole to shoot 7-under 63 and reach 18 under to win his first PGA Tour title by two shots at the final Rocket Classic on Sunday. "Perfect pace, perfect read," he said. The ...
The yield on the 30-year Treasury bond has climbed back to where it stood in 2007, north of 5%, and it pushed a little higher again this week after the Federal Reserve left its own rates alone. On its face, that sounds almost reassuring, a return to some pre-crisis normal. It is nothing of the sort. The same number today carries a very different, and far heavier, meaning than it did 19 years ago. In 2007, the federal debt held by the public was roughly nine trillion dollars. Today it is about four times that. A yield is simply the price of borrowing, and paying the 2007 price on four ...
It is rare for me to support anything inserting more government into our lives. However, I'm now looking at one of these exceptions. It's the AM Radio in Every Vehicle Act. The legislation pushes back against automobile manufacturers moving to no longer include AM radio as standard equipment in new cars. The bill mandates a Department of Transportation rule requiring that all new vehicles manufactured in the U.S. or imported come equipped with an AM radio and the ability to receive AM radio broadcasts. At first glance, I felt, as I most always do, that what business is it of ...
