Connor Hughes

A crucial question is hanging over the American economy and the fall presidential election: Why are consumer prices still growing uncomfortably fast, even after a sustained campaign by the Federal Reserve to slow the economy by raising interest rates?Economists and policy experts have offered several explanations. Some are essentially quirks of the current economic moment, like a delayed, post-pandemic surge in the cost of home and auto insurance. Others are long-running structural issues, like a lack of affordable housing that has pushed up rents in big cities like New York as would-be tenants compete for units.But some economists, including top…

Located in Panama, Playa Caracol Residences is a real estate project that goes beyond expectations, offering investors from Ireland a unique beachfront experience. With extensive and captivating views of the majestic Cerro Chame and more than a kilometer of uninterrupted beach, this project presents itself as a true paradise where every detail creates an environment of incomparable beauty and serenity on the beaches of Panama. Playa Caracol: a real estate project in Panama The architectural design of Playa Caracol stands out for its originality, modernity and harmonious integration of local elements. Each property is a masterpiece that captures the essence…

Send questions about the office, money, careers and work-life balance to workfriend@nytimes.com. Include your name and location, or a request to remain anonymous. Letters may be edited.Ethics of Self-PreservationI am in a senior position with a marketing agency that is in bad shape. Employees are on reduced hours and pay because our work has slowed substantially. The owners pledged to get new work but have not made any moves in that direction. I’m looking for a new job, and I’ve seen some very appealing openings with current clients. I’d be a great candidate, because I know many of the players,…

At the start of 2024, investors expected the Federal Reserve to cut interest rates substantially this year as inflation cooled. But price increases have been surprisingly stubborn, and that is forcing a rethink on Wall Street.Investors and economists are questioning when and how much Fed policymakers will manage to cut rates — and some are increasingly dubious that Fed officials will manage to lower them at all this year.Inflation was coming down steadily in 2023, but that progress has stalled out in 2024. The Fed’s preferred inflation index climbed 2.8 percent in March from a year earlier, after stripping out…

In her three decades of working with elephant seals, Dr. Marcela Uhart had never seen anything like the scene on the beaches of Argentina’s Valdés Peninsula last October.It was peak breeding season; the beach should have been teeming with harems of fertile females and enormous males battling one another for dominance. Instead, it was “just carcass upon carcass upon carcass,” recalled Dr. Uhart, who directs the Latin American wildlife health program at the University of California, Davis.H5N1, one of the many viruses that cause bird flu, had already killed at least 24,000 South American sea lions along the continent’s coasts…