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Sweet and Sour Chicken Recipe

  Crispy, tangy, and just the right amount of sweet—this sweet and sour chicken is a family favorite that’s easy to make at home. Ingredients For the Sauce: 1 cup pineapple juice ½ cup distilled white vinegar ½ cup sugar 3 tablespoons ketchup 2 tablespoons soy sauce ¼ teaspoon crushed red pepper flakes 1½ tablespoons cornstarch For the Chicken: ½ cup all-purpose flour ½ cup cornstarch 1 teaspoon baking powder ¼ teaspoon baking soda 1 heaping teaspoon salt ¼ teaspoon freshly ground black pepper ⅔ cup water 1½ tablespoons vegetable oil (plus more for cooking) 1 pound chicken tenderloins or boneless, skinless chicken breasts, trimmed and cut into 1-inch (2.5 cm) chunks For Finishing the Dish: 1 tablespoon vegetable oil 2 red bell peppers, cut into 1-inch (2.5 cm) pieces 1 small red onion, cut into 1-inch (2.5 cm) chunks Instructions Make the Sauce: In a medium saucepan over medium heat, whisk together pineapple juice, vinegar, sugar, ketchup, soy sauce, and red pepper flakes. Bring to...

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Wall Street’s Steady Stance Amidst Economic Uncertainty

 

In the wake of last week’s tumultuous market movements, Wall Street exhibited a remarkable calm on Monday. Despite the S&P 500’s recent proximity to record highs, it remained virtually unchanged in early trading. Similarly, the Dow Jones Industrial Average saw a modest increase of 51 points, or 0.1%, and the Nasdaq composite was also steady.

Investors’ attention is largely fixated on interest rates and the Federal Reserve’s potential actions to alleviate economic pressures. With persistent inflation and a resilient economy, expectations for rate reductions have been postponed. The upcoming week is critical, with several key reports due, including updates on consumer inflation and wholesale-level inflation.

Fed Chair Jerome Powell has indicated the possibility of rate cuts this year, contingent upon further evidence of inflation moving towards the 2% target. However, the Fed’s current high interest rates, a strategy to curb inflation, carry the risk of triggering a recession.

Amid these concerns, some Fed officials have suggested that rates may remain elevated if inflation does not subside. Consequently, traders have tempered their expectations for rate cuts, with predictions now ranging from two cuts this year, down from an earlier anticipation of three or more.

As the nation approaches the presidential election in November, the timing of rate adjustments is crucial. The Fed, while independent, must avoid the appearance of political bias in its decisions. The market remains uncertain, with a 50% chance of a rate cut by June, reflecting the delicate balance the Fed must strike in its economic stewardship.

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