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Light in the Darkness: Why Hanukkah Matters More Than Ever

                    The first night of Chanukah, the Jewish Festival of Lights, on Bondi Beach in 2008. In a world that often feels uncertain, Hanukkah’s message of resilience and hope shines with renewed relevance. The holiday commemorates the triumph of the Maccabees and the miracle of the oil that lasted eight nights, but its meaning extends far beyond ancient history. Resilience in adversity : Hanukkah reminds us that even in times of struggle, perseverance can lead to victory. The power of light : Lighting the menorah is more than tradition—it’s a symbol of bringing warmth and clarity into dark times. Community and connection : Gathering with family and friends reinforces the importance of unity, especially when the world feels divided. Faith and miracles : Hanukkah encourages us to believe in possibilities beyond what seems rational, inspiring hope in everyday life. As challenges continue to shape our global lands...
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Wall Street braces for inflation data amid Fed uncertainty

Wall Street is set to open lower on Monday as investors await the latest inflation data and the Federal Reserve’s next move on interest rates.

The S&P 500 futures fell 0.5% and the Dow Jones Industrial Average futures dropped 0.4% ahead of the opening bell.

The main focus this week will be the government’s consumer prices report, due on Tuesday, which will show how much inflation has eased or worsened in February. Inflation has been a major concern for the markets, as it erodes the value of future earnings and could prompt the Fed to tighten monetary policy faster than expected.

The Fed has raised interest rates 11 times since March 2022, bringing its benchmark rate to a 23-year high of about 5.4%. The central bank has said it expects to cut rates three times in 2024, but has not given any clear signal on the timing of the first cut.

Fed Chair Jerome Powell testified to Congress last week, but did not offer any new insights into the Fed’s outlook or plans. Powell said the Fed would continue to monitor the economic data and act as appropriate to support the recovery.

Investors will also pay attention to other economic indicators this week, such as the producer prices index, the retail sales report, and the consumer sentiment survey.

Meanwhile, the earnings season is winding down, with a few notable companies left to report their results. Oracle, Kohl’s, Dollar Tree, and Dollar General are among the companies scheduled to release their quarterly numbers this week.

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