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Month: January 2023

Marshall Dillard played football with Kevin McCarthy at Bakersfield High School in Bakersfield

Kevin McCarthy, the view from home

By Kyung Lah, CNN The young man smiling in the last Bakersfield High School student newspaper for the 1983 school year was captioned — “Most Likely to Succeed.” That graduating student wasn’t then-senior Kevin McCarthy, the California Republican who on Saturday became the House speaker for the 118th US Congress, a powerful position that puts

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People shop for bread at a supermarket in Monterey Park

Has inflation finally peaked?

By Paul R. La Monica, CNN It may be a new year. But for investors, consumers and the Federal Reserve, inflation remains a major economic concern, just as it was in 2022. With that in mind, Wall Street will intensely scrutinize the December Consumer Price Index data for December that is set to be released

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