via fortune: Silicon Valley Bank (SVB) failed because it invested too much in long-term bonds that lost value when interest rates went up. That’s what our accounting rules encourage banks to do. As a consequence, U.S. banks, including some of America’s …
by BoatSurfer600 A settlement that will allow thousands of student loan debts to be canceled will go into effect after the Supreme Court on Thursday declined to block it. The Supreme Court in a brief order rejected a request made by colleges challenging the …
The Inflation Reduction Act, which became law last August, includes $369bn of tax credits for clean technologies Companies have committed more than $200bn to US manufacturing projects since Congress passed sweeping subsidies last year The investment in semiconductor and clean …
Manhattan District Attorney Alvin Bragg’s urgent request to enter a restraining order against Rep. Jim Jordan (R-Ohio) was rejected on April 11, the same day it was filed. On April 11, Bragg sued Jordan for allegedly infringing on state sovereignty. …
“They want more souls, I want less on the planet” pic.twitter.com/XnYIHO1rEW — David Wolfe (@DavidWolfe) April 17, 2023 h/t Cented
via cbc As Rehan Khan scans his 160 acres of muddy, partially snow-covered field, he sees golden — and red — opportunity. “The first year, I seeded oats. Then in 2022, it was wheat. This year, it’s red lentils,” said …
There’s no denying it — times and people have drastically changed in a relatively short period of time. Back in the 70s and 80s kids were adventure-seekers. They spent all day outside riding bikes, using their imaginations, socializing, horsing around, …
The German government is looking to grant powers to courts to block the social media accounts of citizens who engage in ‘digital violence’. Earlier this week, the Federal Ministry of Justice called for the creation of a “law against digital …
by BoatSurfer600 https://archive.ph/2022.10.05-202430/https://www.businessinsider.com/falling-labor-productivity-company-profit-margins-stock-market-crash-recession-2022-10 I swear this worthless loser is the biggest idiot on planet earth. https://t.co/wDnV56lQtA — Catturd ™ (@catturd2) April 16, 2023
by DesmondMilesDant Caption: Link to article : https://www.bloomberg.com/news/articl… P/E & Yields (wsj.com)
via glennkbeaton: The rest of the book describes the sad decline in the culture of the Bureau. [Author, the former FBI agent Thomas Baker] traces it to 9/11. The Director at that time was Robert Mueller who years later supervised the …
via aier: In the post-pandemic period, the Fed expanded the money supply significantly to support a swift economic recovery. It did so by purchasing vast amounts of US Treasury bonds and mortgage-backed securities. While those assets seemed like good investments at …
https://twitter.com/burningplat/status/1647921054923526146 Brazil's President says the EU only wants war, weapons, and NATO expansion, while BRICS nations want a peaceful resolution: "How can we achieve peace between Russia and Ukraine if no one is talking about peace? Everyone is talking about …
by DefinitelyNotJasonB The M2 money supply is contracting, unemployment is super low, we are in a deep protracted yield curve inversion, and the Fed is in a tightening cycle. Every time these things have ever been true at the same …
Based on this, it would be safe to assume that the US Gov still has complete access to our DMs and activity on other social media platforms like Facebook, Instagram, Telegram, and Google. — Chairman (@WSBChairman) April 16, 2023 The …
Prepare for unemployment. In news no creative wants to hear, a Chinese media and public relations giant has ditched human copywriters and graphic designers in favor of artificial intelligence. In an internal staff memo seen and reported(Opens in a new …
NASA will receive $25.4 billion in fiscal year (FY) 2023. This is roughly $1.3 billion more than NASA received in 2022, an increase of 5.6%. High inflation and growing labor costs will mitigate the purchasing power of this increase. The …
This is beyond absurd at this point… Rice is a food staple for more than 3.5B people around the world, particularly in Asia, Latin America, and parts of Africa. Rice has literally been cultivated in Asia for thousands of years, it can be …
And Californians fall for it and bend over and submit! via fortune: The Colorado River is in dire straits, and as it becomes clear that the river does not have nearly as much water as it once did, states that have …
via yahoo: A second man’s body was pulled from Lady Bird Lake in Austin, Texas, in two months, fueling fears a serial killer is hunting the city’s downtown social hub. But Austin Police say the recent drownings are coincidental, and …
(AP) “The Super Mario Bros. Movie” scored the best second weekend ever for an animated movie in North American theaters with $87 million in ticket sales, according to studio estimates Sunday. The family-friendly Universal release dropped a slim 41% from …
Google‘s CEO Sundar Pichai admitted he doesn’t ‘fully understand’ how the company’s new AI program Bard works, as a new expose shows some of the kinks are still being worked out. One of the big problems discovered with Bard is something that Pichai …
New signs of stress in the ballooning trillion-dollar U.S. auto market are pointing to an impending collapse as storm clouds continue to gather in the economic and financial landscape. Serious delinquencies in auto loans — defined as behind on payments …
A good credit score is essential for anyone in the APAC region. It can help you get loans, mortgages, and other financial products at lower interest rates. A poor credit score can have serious consequences as it will make it …
People these days apply for all sorts of finance, and there are many options available to cater to different needs and circumstances. For some, credit cards and personal loans are the ideal solutions. Others have collateral against which they can …
Pete Buttigieg tells Al Sharpton that minorities are more likely to die in car crashes for a variety of reasons including: "The way roads are designed and built." pic.twitter.com/9ADW5IFFti — Citizen Free Press (@CitizenFreePres) April 16, 2023 To be fair, …
In the weakest attempt to not look stupid, the woman says, “we know that transportation causes 49% of CO2, so that’s why we’re working on transportation.” Ok, so now we know transportation causes approx. .019% of the .04% of CO2 …
Best Buy Co. is cutting store jobs across the country, as the electronics and appliance retailer works to lower costs and shift its business as more sales happen online. This week, many store workers that specialize in selling more complex …
