Posts

Posted on

Nutson’s Weekly Auto News Wrap-up May 29-June 5, 2022

Nutson’s Weekly Auto News Wrap-up May 29-June 5, 2022

PHOTO
PHOTO

AUTO CENTRAL CHICAGO – June 5, 2022; Every Sunday Larry Nutson, The Chicago Car Guy and Auto Channel Executive Producer, with able assistance from senior editor Thom Cannell from The Auto Channel Michigan Bureau, compile The Auto Channel’s “take” on this past week’s automotive news, condensed into easy to digest news Nuggets.

LEARN MORE: Complete versions of today’s news nuggets, along with thousands of pages of relevant news and opinions, information stored in a million-page library published and indexed on The Auto Channel during the past 25 years. Complete information can be found by copying a bold headline and then inserting into any Site Search Box.

Nutson’s Automotive Weekly Auto News Wrap-up – Week Ending June 4, 2022 Below are the past week’s important, relevant, semi-secret, or snappy automotive news, opinions and insider back stories presented as
expertly crafted easy-to-understand automotive universe news nuggets.

* U.S. DoE factoid of the week: Fuel economy for a light-duty vehicle going 80 miles per hour (mph) is about 27{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} lower than when traveling at 60 mph. Between 40 and 50 mph is the optimum cruising speed for the best fuel economy in cars and light trucks, according to an Oak Ridge National Laboratory study of 74 different vehicles. The best fuel economy is typically obtained when the vehicle is traveling at the lowest speed in the vehicle’s highest gear.

* According to a joint forecast from J.D. Power and LMC Automotive, new-vehicle prices continue to set records, with the average transaction price expected to reach a May record of $44,832—a 15.7{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} increase from a year ago and the third-highest level on record despite rising interest rates. Average interest rates for new vehicle loans have risen. The average interest rate for loans in May is expected to increase 62 basis points from a year ago to 4.92{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809}. However, elevated used-vehicle values continue to help affordability for new-vehicle buyers who have a vehicle to trade in. The average trade-in equity for May is trending towards a record of $9,922, a 59.4{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} increase from a year ago.

* May new vehicles sales were not so good even with the long Memorial Day weekend shopping opportunity. Toyota, Honda, Hyundai, Kia, Subaru sales slumped again. Overall the industry was down 11{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} compared to April. With retail inventories still stuck below 1 million cars, the U.S. light-vehicle market lost more momentum in May, with the seasonally adjusted, annualized rate of sales falling to 12.8 million according to Bloomberg News. Of note, Genesis sales are up 39{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} for the year.

* The national average for a gallon of regular gasoline topped $4.70 for the first time ever this week. California has the highest average price at $6.25 per gallon. Since last Thursday, AAA said these 10 states have seen the largest increases in their averages: Indiana (+33 cents), Ohio (+31 cents), Illinois (+30 cents), Kentucky (+26 cents), Wisconsin (+26 cents), Michigan (+24 cents), Colorado (+21 cents), New Mexico (+19 cents), Nebraska (+18 cents) and Minnesota (+18 cents).

* Michael Sivak of Sivak Applied Research has noted the large differences among the recent increases in the cost of powering gasoline, diesel, and electric vehicles. The expectation was that the cost of electricity had recently increased much less than the costs of gasoline and diesel. The reason is that, in the United States, oil is used to generate less than 1{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} of electricity. Therefore, the recent jump in oil prices (because of the war in Ukraine), should have only a relatively small indirect effect on the cost of electricity. Calculations show that the prices for March (the latest month with available electricity prices) increased greatly for gasoline (+27.4{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809}) and diesel (+37.1{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809}), while the price for electricity increased only modestly (+5.5{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809}). See more details here: https://www.greencarcongress.com/2022/06/20220602-sivak.html

* The Detroit Free Press reports Ford CEO Jim Farley said consumers should plan to see dramatic change in the near term as companies compete amid the shift to battery-operated vehicles. “We’ve got to go to nonnegotiated price. We’ve got to go to 100{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} online. There’s no inventory (at dealerships), it goes directly to the customer. And 100{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} remote pickup and delivery,” he said in New York during Bernstein’s 38th Annual Strategic Decisions Conference streamed live.

* Are you thinking about visiting San Francisco. You can now go to dinner in a ride-share car with no driver. Cruise Automation, General Motors majority-owned autonomous vehicle unit, has received final approvals to operate a commercial, robotaxi service in San Francisco, the company announced. The California Public Utilities Commission granted Cruise its permit after the California DMV allowed autonomous vehicle deployments by Cruise, and Alphabet’s Waymo.

* DeLorean Motor Company, Inc. has given the public its first complete look at the highly anticipated Alpha5, their all-new EV. The images are available on the company’s redesigned website, where early access subscribers had the opportunity to see the vehicle a full day before the site went globally public. Gallery photos explore the coupe’s exterior and interior, revealing sleek lines, classic louvers, and DeLorean’s iconic gull-wing doors. Images and accompanying details of the vehicle shed light on the dimensions of the car, two of its exterior paint colors, including a launch edition debuting at the Pebble Beach Concours d’ Elegance in August, and the long-awaited specs. Estimated specifications include a range of 300+ miles, a battery of 100+kWh, and electronically limited top speeds of 155 mph.

* General Motors said its Buick brand will go all electric in North America by 2030. Buick showed a concept for a sleek, sporty EV car (yes, a car), called the Wildcat. The concept revives a muscle car era name. Buick also will bring back the venerable “Electra” badge, Automotive News reports. China is Buick’s largest market, representing about five times its U.S. sales. Nearly all of those vehicles in both markets still feature gasoline-fueled engines. Buick said its Chinese lineup won’t be fully electrified until after 2030.

* Jaguar Land Rover is joining Her Majesty the Queen’s Jubilee celebrations, with 26 of its cars in the Platinum Jubilee Pageant, today, Sunday June 5. To further commemorate the Queen’s 70 years of dedicated service, Land Rover is giving the British Red Cross a new Defender 130 to support its operations in the UK. Iconic vehicles from the two British brands will include two of Her Majesty’s beloved Land Rover Defenders and several historically important Jaguar E-type. A Jaguar XKR from Die Another Day is joined by Land Rovers from Skyfall and No Time To Die. A specially commissioned, bespoke 1965 Series 1 Jaguar E-type Roadster will make its public debut in the parade.

* The Hagerty Drivers Foundation announced the 31st and 32nd vehicles to be inducted into the National Historic Vehicle Register, the only federally recognized program to document the historical and cultural significance of the automobile. In order to preserve America’s automotive heritage for future generations, the Foundation, a 501 (c)(3) nonprofit organization, manages the National Historic Vehicle Register with the U.S. Dept. of the Interior’s Historic American Engineering Record (HAER). Selected vehicles are permanently enshrined in the Library of Congress. This year’s inductees are the 1952 Hudson Hornet (7B-185596) “Fabulous Hudson Hornet,” Raced by Herb Thomas and Chrysler Corporation Turbine Car (Serial No. 9912-31).

* Memorial Day weekend brought us a triple-header motorsports show. The Indy 500 Is Better than ever This edition saw former Formula 1 driver Marcus Ericsson win the 106th Indianapolis 500 under a yellow flag after Sage Karam crashed in Turn 2 of the last lap. Before the caution flag Ericsson and Pato O’Ward dueled for the race victory at the Indianapolis Motor Speedway. By the way, Scott Dixon set a record for Indy 500 qualifying speed, averaging 234.046 mph over four laps. Denny Hamlin qualified on the pole for Sunday night’s Coca-Cola 600 at Charlotte Motor Speedway and ended up winning the longest race in the history of NASCAR, 619.5 miles with two overtimes. It was Hamlin’s second Cup Series win this season and 48th of his career. The 2022 Monaco Grand Prix had a rain delay by the first lap and after a hard-fought afternoon Red Bull’s Sergio Perez earned his first win of the season while also becoming a legitimate title contender. Carlos Sainz finished 1.154 seconds behind Perez and Max Verstappen got to the podium with a third-place finish. After seven races Verstappen holds a nine-point lead over Charles Leclerc in the driver standings and Perez is in third, 15-points off the lead.

* From the Hagerty Community we learned this nugget of automotive trivia. The “1939 Packard was the first production car to offer air conditioning. They built 300 cars with A/C, and Cadillac built 300 A/C cars in 1940. After WWII, A/C didn’t return until 1953 or 54 when Pontiac introduced the first in-dash unit. Earlier cars had the evaporator in the trunk. In 1955 Nash had “Weather-Eye”, the first combined heater-A/C unit, and the 1961 Corvair had the first factory installed A/C in the compact car range.”

Stay safe. Be Well.

Posted on

Bear spotted casually walking around Arlington today | ARLnow

Bear spotted casually walking around Arlington today | ARLnow
Bear spotted in Arlington Monday (photograph courtesy Animal Welfare League of Arlington)

A bear was spotted strolling all-around an Arlington community this morning, prompting a warning from animal manage.

The Animal Welfare League of Arlington stated it confirmed a resident’s report of a young black bear roaming all over, “likely… in his search for a new household habitat.”

“While bear sightings are unusual in Arlington County, they are not unheard of,” AWLA stated. “Unfortunately in past bear sightings, we have experienced issues with associates of the public likely out in look for of the bear to consider their possess images or see it for by themselves. This is Quite dangerous.”

Citizens who see the bear are requested to “call AWLA immediately” at 703-931-9241 and encouraged to maintain a safe and sound distance or get within.

Patch reported before that the bear “was noticed in Arlington’s Maywood community Monday morning, walking as a result of people’s yards and on to porches as it headed to a park on the east side of the community near the Custis Path.”

Just in excess of two several years ago a black bear was witnessed going for walks all-around around Bishop O’Connell Substantial University in Arlington. Animal handle officers ended up not able to find the bear just after the initial sighting.

Additional from AWLA, down below, on the latest bear incident.

On June 5th, 2022, a young black bear was noticed by a member of the community in Arlington County. Our Animal Management Officers verified the sighting and promptly contacted the Virginia Division of Wildlife Assets (DWR) and Virginia Point out biologist. The bear looks healthy and is most likely a male yearling going via Arlington Co in his look for for a new home habitat. We are continuing to update these agencies as the site of the bear improvements.

While bear sightings are scarce in Arlington County, they are not unheard of. Regretably in previous bear sightings, we have experienced troubles with users of the public going out in search of the bear to consider their have pics or see it for on their own. This is Incredibly risky, and can bring about hurt to you, many others, and the bear. Alternatively, we ask that inhabitants get in touch with AWLA promptly at (703) 931-9241 if they location the bear, and hold to a safe and sound length or indoors.

We also urge people follow these recommendations from DWR:

  • Safe garbage: Retain in a locked drop or inside until eventually collected or use a bear resistant container.
  • Safe any compost piles
  • Get down bird feeders.
  • Protected pet food in bear-resistant containers or inside of locked sheds.
  • Cleanse up porches/decks: Clean up grills together with drip pans, remove any probable foods resources, and recall a screened in porch is not a “secure” storage location from a bear’s level of look at.
  • Under no circumstances leave foodstuff, trash, or pet food stuff inside of your car.
  • Retain dogs on a leash at all moments

Thank you for supporting us retain individuals and wildlife protected in Arlington!

Posted on

Warriors rout Celtics in Game 2, evens series

Warriors rout Celtics in Game 2, evens series
Posted on

Study links bad air quality to heart rhythm disorder

Study links bad air quality to heart rhythm disorder

Cars and motorbikes in traffic amid air pollutionShare on Pinterest
High levels of air pollution could worsen the symptoms of some health conditions. Getty Images
  • Researchers decided to explore the connection between heart health and air pollution after seeing that more heart patients made emergency room visits on days of bad air quality.
  • They found that the risk of abnormal heartbeats (ventricular arrhythmias) was raised even on days when the average air quality was slightly degraded.
  • The study’s authors recommend that people with implanted defibrillation devices keep an eye on daily pollution levels and plan their exposure accordingly.

An implanted cardioverter defibrillator (ICD) does more than reset a heart’s rhythm to a healthy beat. It also provides researchers with a way of monitoring the occurrence of arrhythmias, or abnormal heartbeats, in hopes of identifying what factors are likely to trigger one.

New research, presented at the European Society of Cardiology’s (ESC) Heart Failure 2022 congress, compared days on which patients experienced higher numbers of ventricular arrhythmias with days scientists recorded higher levels of air pollution.

The researchers found a correlation: The days with high levels of air pollution were when most arrhythmias occurred.

Dr. Franco Folino, of the Department of Cardiac, Thoracic and Vascular Sciences at the University of Padova, Italy, told Medical News Today about the value of ICDs for research.

“These devices, as well as many pacemakers, are formidable devices not only for the treatment of arrhythmias but also for their ability to monitor heart rhythm 24 hours a day. Therefore, they represent an ideal tool for comparing arrhythmic profiles with data from the monitoring station for air quality,” he said.

However, Dr. Folino, who was not involved in the study, noted that the patients observed may be at a higher risk of pollution-related health problems.

“The research conducted on patients with ICDs, who are implanted in patients with major heart diseases, explore a population at high cardiovascular risk, highlighting that in these subjects the effects of pollution are even more pronounced,” he pointed out.

The study took place in the city of Piacenza in the Emilia Romagna region of northern Italy. In 2021, in a ranking by the European Environment Agency of European cities with the greatest levels of air pollution, Piacenza ranked near the bottom—just 16 cities were comparatively worse. The average annual concentration of particulate matter (PM) 2.5 in Piacenza was listed as 20.8 μg/m3.

The World Health Organization considers a level of 10 μg/m3 of PM 2.5 or less to be good air quality.

Piacenza landed squarely in the WHO’s “poor” air quality category.

Dr. Alessia Zanni, a cardiovascular technician-technologist and author of the study, tells the ESC:

“We had observed that emergency room visits for arrhythmias in patients with ICDs tended to cluster on days with particularly high air pollution. We, therefore, decided to compare the concentration of air pollutants on days when patients had an arrhythmia versus pollution levels on days without an arrhythmia.”

Dr. Zanni explained to MNT that implantable cardioverter-defibrillator (ICD) therapy is currently the only prevention tool for potentially fatal arrhythmias such as ventricular tachycardia (VT) and ventricular fibrillation (VF).

“The difference [between the two conditions] is that during VT, the heart can still pump some blood and the patient could still be conscious, while during VF the heart is almost still, causing a cardiac arrest,” she said.

She then went on to explain the pacing-or-shock mechanism behind ICDs.

“An ICD is capable of terminating ventricular arrhythmias by anti-tachycardia pacing (ATP), shock, or both. ATP is used for VT and tries to pace the heart faster than the arrhythmia in order to block the pathological circuit, take the lead of the heart rhythm, and then slow down the pacing until a normal heart rate is obtained,” she said.

Dr. Zanni said ICDs managed to stop ventricular tachycardia in approximately 90{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} of patients. Where it fails, the shock system kicks in:

“If the ATP fails, or a VF occurs, the ICD delivers a high-voltage shock that immediately stop the arrhythmia. Usually, ATP is not perceived by the patient, while the shock can be felt, even violently.”

The study tracked the ICD activity in 146 individuals who had received an implant between January 2013 and December 2017. Of this group, 67 people had experienced a previous ventricular arrhythmia, and 79 had not.

The Regional Environmental Agency provided the researchers with daily figures for PM 2.5, PM 10, carbon monoxide (CO), nitrogen oxide (NO2), and ozone (O3).

During the study, the researchers recorded 440 ventricular arrhythmias. ATP sufficed for 322 of these, while ICDs delivered a shock in 118 cases.

The study found that every 1 μg/m3 increase in PM2.5 levels corresponded with a 1.5{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} increased risk of arrhythmias requiring a shock.

When PM 2.5 concentrations remained elevated by 1 μg/m3 over the course of a week, ventricular arrhythmias were 2.4{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} more frequent. For PM 10 concentrations, a weekly increase by the same amount corresponded to 2.1{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} more ventricular arrhythmias.

Dr. Folino said that the study highlights the need to categorize air pollution as a risk factor for cardiovascular health.

“Air pollution must be considered in the same way as any other cardiovascular risk factor, such as smoking, hypertension, or hypercholesterolemia,” he said.

“As we fight these risk factors, in the same way, we must act to prevent people in general, but particularly those at high cardiovascular risk, from being exposed to high levels of air pollution,” he added.

Dr. Zanni also shared with the ESC some precautions heart patients can take in their everyday lives.

“When particulate matter (PM) 2.5 and PM 10 concentrations are high (above 35 μg/m3 and 50 μg/m3, respectively), it would be sensible to stay indoors as much as possible and wear an N95 mask outside, particularly in areas of heavy traffic. An air purifier can be used at home.”
— Dr. Alessia Zanni

Posted on

Minjee Lee wins U.S. Women’s Open in record-breaking fashion

Minjee Lee wins U.S. Women’s Open in record-breaking fashion
By:

Zephyr Melton




Minjee Lee became just the third Australian woman to own multiple major wins with her victory at Pine Needles — and she did so in record-breaking fashion.

Darren Riehl

SOUTHERN PINES, N.C. — Karrie Webb and Jan Stephenson have long been the standard for Australian women’s golfers. With 10 major titles between them, any discussion of greatest golfers from Down Under started — and ended — with the names Webb and Stephenson.

On Sunday afternoon at Pine Needles, that duo became a trio.

Minjee Lee, daughter of Western Australia, won the 77th U.S. Women’s Open in dominant fashion, defeating a field of the best players in the world by four strokes. In doing so, she becomes just the third Aussie woman to own multiple major titles.

“It’s such a great honor just to be amongst those two names,” Lee said. “It’s just really, really special.”

Minjee Lee’s smile beamed after she claimed her second major title.

Getty Images

The driving range is a lonely place on Sunday afternoons, and this Sunday in the Carolina Sandhills was no different.

As the pretenders filtered out, and the true contenders arrived, real estate on the back of the Pine Needles range was plentiful. With nearly every competitor already on the course (or on a plane to their next destination), and few fans making the trek to the far end of the range, players in the last few groups had the place largely to themselves.

Lydia Ko occupied the spot on the far right, striping high draws with the breeze as her caddie and mother watched on. Several paces to her left, Bronte Law prepped for perhaps the most consequential round of her life. With a $10 million purse up for grabs, the Englishwoman was in line for the biggest paycheck of her career.

Further down the range, with a row of empty placards in between, Mina Harigae went through her own warmup. Such as been the case all week, her matte PXG irons made repeated — and satisfying — thuds as she worked her way through the bag. Her caddie, outfitted in red high-top Jordans 1s (perhaps in a nod to Harigae’s self-proclaimed obsession with the brand), watched and encouraged his pro, knowing full well this could be a life-changing day.

Mina Harigae’s caddie sported Jordan 1s for the final round.

Darren Riehl

Finally, there was Lee, donning a neon green polo with a simple phrase on the back: “Win at all costs.” It was an appropriate reminder considering the stakes. The 54-hole leader arrived to the range last, and left plenty of space between herself and her competition.

It was an appropriate scene — Lee arriving on her own terms and with a huge gap between herself and the competition — because the scoreboard reflected a similar dynamic. There was Lee, and then there was everyone else.

Through 54 holes, Lee had dictated the tempo at Pine Needles. She’d played fearlessly — and, at times, flawlessly — and rewrote the U.S. Women’s Open record book in the process.

Lee needed just 200 strokes to play the first three rounds, the fewest of any competitor in the history of the championship, and just one player was within three shots of her 54-hole lead.

There was Lee, and then there was everyone else.

The theme continued during the final round, and by day’s end, the 26-year-old was hoisting the U.S. Women’s Open trophy.

Minjee Lee was confident in front of the media all week long.

Darren Riehl

On Saturday evening, as Lee addressed the media following her third-round 67, she offered a confident, and prescient, answer when asked about her final-round game plan.

“I’m just going to try and make as many birdies as I can,” she said.

She made good on her promise.

After surviving the pre-round jitters, Lee teed up her Srixon on the first tee and ripped driver down the left side of the fairway. Her second swing of the day sent the ball piercing through the eastern breeze, and finished within 30 feet of the flag. Two putts later, her first circle of the day was on the card.

Her second hole was equally fruitful. Fairway, green, jarred putt (a long one this time). Lee’s lead was suddenly up to five as she walked to the 3rd tee box at 15 under.

minjee lee celebrates u.s. open

In Minjee Lee’s Sunday triumph, the U.S. Women’s Open found its teeth

By:

James Colgan



But on a day when Pine Needles (finally) played like a true U.S. Women’s Open test, the middle portion of Lee’s round was a battle.

Lee, who didn’t have her usual ball-striking moxie Sunday, dropped a shot at the 5th, and another at the 7th. The course played nearly two-and-a-half shots harder on Sunday than it did the day prior, so the miscues were understandable.

But even when the ship was unsteadied, there was nothing that could sink the Aussie. Not a missed green, or a wonky lie in a sandy native area, or a three-putt on the tricky Bermuda greens. More often than not, when Lee found trouble, she escaped unscathed.

“I didn’t hit it that well,” she said. “I had really good saves, up-and-downs from a lot of places … That was enough to get it done today.”

When she stepped onto the 18th tee, her lead was five over her playing partner. The only drama that remained was the question of if Lee could break the U.S. Women’s Open scoring record.

Minjee Lee needed just a bogey at the 72nd hole to break the U.S. Women’s Open scoring record.

Darren Riehl

The current record has stood for 26 years. Annika Sorenstam set the mark of 272 in 1996 — at this very course — and no one has bested the mark since. It has twice been tied, by Juli Inkster in 1999 and In Gee Chun in 2015, but no one has been able to go lower than Sorenstam did at Pine Needles in 1996.

Much has changed about Pine Needles since Sorenstam brought it to its knees. Kyle Franz led a major restoration project in 2017, and this week the course looked a lot like what Donald Ross envisioned when he built the place in the 1920s. Sandy native areas line the fairways, and the bunkers are jagged and scraggly around the edges.

The greens have changed, too. The surface at 18 was a particular focus for Franz and his team. As a part of the project, he extended the back-right portion, connecting two mounds to create one of the most devilish pin locations you’ll ever see.

As fate would have it, that location was in play for the final 18 holes of this Open. To break the scoring record, Lee would have to navigate it — and card no worse than bogey.

Her tee shot could not have been placed in a better spot to access the pin location — left side of the fairway — and her approach landed in the middle of the green. At last, she could take a deep breathe and enjoy the walk.

“I just said to myself, ‘This is pretty amazing,’” Lee said. “This is pretty cool, just looking at the whole crowd and just everybody down the fairways.”

The crowd showered her in praise as she made the final stroll — there were even a few “Aussie Aussie Aussie!” chants — and the sun dipped below the towering pines.

After Harigae tapped in for her par, the stage was set for the coronation. Lee, perhaps as a result of the adrenaline and emotion pumping through her, needed three putts to finish the job, but the result was all the same.

She was a major champion once again, and the U.S. Women’s Open scoring record was hers alone.

“I can’t believe it right now,” Lee said. “It’s been my dream since I was a little girl. It’s the one that I always wanted to win on; now I’ve done it, and just feels amazing.”

Minjee Lee cruised to a dominant four-shot win.

Darren Riehl

With the trophy ceremony complete, and her neon shirt sufficiently soaked in champagne, Lee walked into the interview area, trophy in hand. Her smile beamed as she scrolled through her phone and prepped to be peppered with questions.

“I just can’t believe it,” she said.

Karrie Webb had already texted a message congratulating Lee on the win.

Lee’s game had answered many questions over 72 holes in the Sandhills, but at least one question still remained: Had she yet reflected on her special place in her country’s golf history?

“I haven’t been able to even think properly at the moment,” she said.

Here’s one way to think about it: From this day forward, when the subject of greatest Australian women’s golfers is broached, three names will come to mind.

Karrie Webb, Jan Stephenson and Minjee Lee.

Golf.com Editor

Zephyr Melton is an assistant editor for GOLF.com where he spends his days blogging, producing and editing. Prior to joining the team at GOLF.com, he attended the University of Texas followed by stops with Team USA, the Green Bay Packers and the PGA Tour. He assists on all things instruction and covers amateur and women’s golf.

Posted on

Stocks climb back after losing week

Stocks climb back after losing week

U.S. stocks rose Monday as the indexes aim to rebound from a week of losses on the heels of strong May jobs data that affirmed Federal Reserve officials were likely to continue sharpening monetary conditions.

The S&P 500 was up 1{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809}, and the Dow Jones Industrial Average gained 200 points, or 0.6{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809}. The tech-heavy Nasdaq advanced 1.7{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809}.

All three major indexes closed lower after a sell-off Friday rounded out another down week on Wall Street. The declines came after a stronger-than-expected May jobs report showed hiring kept at a slower but still-robust tempo last month – a sign of continued strength in the labor market expected to keep policymakers on pace with interest rate-hiking plans.

“As Fed speakers consistently remind us that the path towards draining inflationary pressures from the economy is going to be ‘bumpy’ and ‘painful,’ the market agrees as it navigates between seeing the next recession around the corner to witnessing a still healthy economic backdrop,” LPL Financial Chief Equity Strategist Quincy Krosby said.

The Labor Department’s May jobs report Friday showed 390,000 were added to the U.S. economy in May, while unemployment held at a rate of 3.6{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809}.

Later this week, investors will get the latest gauge on how quickly prices are rising across the U.S. when the Bureau of Labor Statistics releases its latest Consumer Price Index Friday.

The headline CPI index is expected to have climbed in May but stay flat from last month’s reading on a year-over-year basis. Economists forecast the broadest measure of CPI rose by 8.3{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} in May, on par with April’s advance. Over the month, CPI is expected to show an increase of 0.7{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809}, up from 0.2{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} last month.

Fed officials enter a blackout period this week, which limits the extent to which staff and Federal Open Market Committee (FOMC) members can speak publicly or give interviews ahead of their next policy-setting meeting set for June 14-15.

In final comments before Fedspeak pauses for the week, several policymakers have given a nod in public remarks to multiple 50 basis point rate hikes ahead.

“Right now it’s very hard to see the case for a pause,” Vice Chair Lael Brainard told CNBC in an interview Thursday. “We’ve still got a lot of work to do to get inflation down to our 2{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} target.”

—

9:30 a.m. ET: S&P 500, Dow, and Nasdaq rise after losing week

Here’s where the main indexes were trading at the start of the week:

  • S&P 500 (^GSPC): +42.44 (+1.03{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809}) to 4,150.98

  • Dow (^DJI): +189.03 (+0.57{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809}) to 33,088.73

  • Nasdaq (^IXIC): +191.18 (+1.59{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809}) to 12,203.92

  • Crude (CL=F): S$ettlement Date to $N/A a barrel

  • Gold (GC=F): +$4.40 (+0.24{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809}) to $1,854.60 per ounce

  • 10-year Treasury (^TNX): +1.8 bps to yield 2.9750{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809}

—

7:16 a.m. ET: Stock futures rise as indexes aim to bounce back from weekly losses

Here were the main moves in futures trading ahead of Monday’s open:

  • S&P 500 futures (ES=F): +44.00 (+1.07{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809}) to 4,151.00

  • Dow futures (YM=F): +262.00 (+0.80{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809}) to 33,150.00

  • Nasdaq futures (NQ=F): +183.50 (+1.46{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809}) to 12,734.50

  • Crude (CL=F): +$0.57 (+0.48{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809}) to $119.44

  • Gold (GC=F): +$4.90 (+0.26{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809}) to $1,855.10 per ounce

  • 10-year Treasury (^TNX): +4.4 bps to yield 2.9570{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809}

Specialist traders work inside a booth on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 3, 2022. REUTERS/Brendan McDermid

Specialist traders work inside a booth on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 3, 2022. REUTERS/Brendan McDermid

—

Alexandra Semenova is a reporter for Yahoo Finance. Follow her on Twitter @alexandraandnyc

Read the latest financial and business news from Yahoo Finance

Follow Yahoo Finance on Twitter, Instagram, YouTube, Facebook, Flipboard, and LinkedIn