Tag: rhode island

‘Buy the Dip’ Investing Mantra Lives On—in the Bond Market at Least
Money

‘Buy the Dip’ Investing Mantra Lives On—in the Bond Market at Least

Oct. 28, 2023 11:00 pm ETListen to article(2 minutes)One of the hottest investments on Wall Street is something of a surprise—it’s a battered long-dated Treasury bond fund.Shares of the iShares 20+ Year Treasury Bond ETF are near a 16-year low and have lost more than half their value from their 2020 peak, but investors are piling in. They added more than $2 billion to the fund on Tuesday and Wednesday alone, bringing its total inflows for the year to $21 billion.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
‘Buy the Dip’ Investing Mantra Lives On—in the Bond Market at Least
World

‘Buy the Dip’ Investing Mantra Lives On—in the Bond Market at Least

Oct. 28, 2023 11:00 pm ETListen to article(2 minutes)One of the hottest investments on Wall Street is something of a surprise—it’s a battered long-dated Treasury bond fund.Shares of the iShares 20+ Year Treasury Bond ETF are near a 16-year low and have lost more than half their value from their 2020 peak, but investors are piling in. They added more than $2 billion to the fund on Tuesday and Wednesday alone, bringing its total inflows for the year to $21 billion.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
GoLocalProv | It’s Really Not All About Money
Money

GoLocalProv | It’s Really Not All About Money

Thursday, September 28, 2023 Froma Harrop, Columnist   View Larger + Froma Harrop, Columnist A young couple I know, recent grads from a state university, share a walk-up apartment in a gritty part of town. They buy their T-shirts used. They share a 22-year-old Honda Accord with well over a century of miles on it. Their health club is weights in a garage. And they spend about $700 a month on food.  They know what they spend because they put every single purchase on a spreadsheet. "We spend more on food than most frugal people -- we eat out sometimes -- because our other expenses are so low," the guy told me. "Otherwise we could probably cut it by 100 to150 bucks if we really wanted." Thing is, they are happy as clams. The spreadsheet is a fun puzzle. Finding a cool T-shirt for a cou...
Gabe Amo Wins Rhode Island Congressional Primary
Politics

Gabe Amo Wins Rhode Island Congressional Primary

Riding a wave of momentum in the final weeks of the campaign, Gabe Amo, a former White House official, won the special Democratic primary election for an open U.S. House seat in Rhode Island on Tuesday.His victory makes history, putting him on track to become the first Black person ever to represent Rhode Island in Congress. The outcome is nonetheless a disappointment for the activist left, which had hoped that one of their longtime allies, former state Rep. Aaron Regunberg, would prevail.Amo, who defeated 10 Democratic rivals, will face Republican nominee Gerry Leonard in a special general election in November.But since Rhode Island’s 1st Congressional District, which encompasses the eastern half of the state, is solidly Democratic, Amo is widely expected to represent the district in Con...
Photos: The Vanderbilt in Newport
Travel

Photos: The Vanderbilt in Newport

1/16The Vanderbilt is a Georgian-style home-turned-hotel that was completed in 1909. It is located in downtown Newport.2/16We started our tour in the hotel's restaurant, where the building’s original hearth keeps guests cozy in the chillier months.3/16The cinematic Library’s cozy seating nooks set the tone for a relaxing conversation and classic cocktail.4/16The Vanderbilt completed a top-to-bottom renovation in 2022, leaving no detail overlooked, including the guest bathrooms.5/16The Snooker Room, named for the game that’s a British take on classic American pool, is a handsome space considered part of the hotel’s “social hub” approach.6/16Next, we visited the Conservatory, which serves breakfast, lunch and dinner and leads out to the peaceful garden terrace.7/16We felt that one of the mo...
Photos: Castle Hill Inn
Travel

Photos: Castle Hill Inn

1/16The main building at Castle Hill Inn was built in 1875 for a marine biologist and naturalist at Harvard University. The most prestigious room is the rounded turret suite, a bi-level suite with breathtaking views of Narragansett Bay and the Castle Hill Lighthouse.2/16Grace Kelly Beach is where the famed actress would take a dip while filming “High Society” in Newport in 1956 with Frank Sinatra and Bing Crosby.3/16During our tour, we visited The Dining Room, an elegant, curved space that boasts extraordinary views and serves dinner daily.4/16The Terrace Bar, reminiscent of a ship’s hull, has clear vinyl windows that roll up and down so that guests can enjoy the space rain or shine.5/16The lawn is open to the public and has Adirondack chairs that are first come, first served. Visitors ca...
Photos: Newport Harbor Island Resort
Travel

Photos: Newport Harbor Island Resort

1/11 Credit(Andrea McHugh)View as articleThe Newport Harbor Island Resort’s decor embraces the city’s nautical roots and the island’s history.2/11 Credit(Andrea McHugh)View as articleWe started our tour by visiting the resort’s state-of-the-art fitness center, which is accessible 24 hours a day with your room key.3/11 Credit(Andrea McHugh)View as articleThe resort offers ample spaces to relax both inside and outside.4/11 Credit(Andrea McHugh)View as articleThe Lounge draws primarily an adult crowd, but families are welcome too. Guests can place their order here to dine out on the deck as well.5/11 Credit(Andrea McHugh)View as articleThe Lounge has familiar favorites on the bar menu in addition to signature cocktails.6/11 Credit(Andrea McHugh)View as articleThe resort is on the northern ti...
The Chanler at Cliff Walk in Newport
Travel

The Chanler at Cliff Walk in Newport

1/9 Credit(Courtesy of The Chanler at Cliff Walk)The Chanler at Cliff Walk was built in 1873 as a summer home for congressman John Winthrop Chanler and his wife, Margaret Astor Ward. The Chanler is situated on Newport’s popular Cliff Walk.2/9The property feels less like a hotel and more like a private seaside retreat with beautifully appointed and comfortable spaces throughout.3/9On our tour, we got to visit The Café at The Chanler, which serves breakfast exclusively for hotel guests; lunch and dinner are open to the public.4/9The food served at The Chanler has a European influence while still featuring distinctively New England ingredients, like local oysters and fish.5/9We went to the terrace next, which is equipped with heaters, so the view can be enjoyed even when the weather starts t...
GoLocalProv | News Flash: Companies Don’t Want to Lose Money
Money

GoLocalProv | News Flash: Companies Don’t Want to Lose Money

Thursday, July 27, 2023 Froma Harrop, Columnist   View Larger + Froma Harrop, Columnist Jimmy Patronis, Florida's "chief financial officer," said that Farmers Insurance pulled out of Florida not because it was losing money there but because the company was "woke." How that wokeness manifested itself, he does not say.  The profit motive is apparently a very shocking concept to the state official tasked with overseeing Florida's financial regulation. But if he does "get it," this would be the latest example of a right-wing Republican trying to undermine capitalism for political ends.  Let's not dignify Patronis' statement by calling it a "lie." Nor is it just stupid. It is "shtupid." GET THE LATEST BREAKING NEWS HERE -- SIGN UP FOR GOLOCAL FREE DAILY EBLAST Because it is undeniable t...