Categories
Economy

What Biden can do to lower inflation but refuses to

Washington’s latest inflation report shows prices rising by 8.3% over the past year and core inflation (which excludes volatile food and energy prices) continuing to accelerate. Real wages have failed 2.7%. Moody’s Analytics and Penn-Wharton estimate that inflation is costing the average household $300 per month. A Harris poll reveals that 84% of Americans are […]

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Markets

‘What are the chances? I retire and the stock market crashes. All my plans are upside down.’ I want to draw on my 401(k) to renovate my new home. What options do I have?

Dear Quentin, I’m due to retire in two months and I have already moved to my new home in the sun. I have not sold my apartment in a major US metropolitan area on the east coast, as I wanted to see how I settled into my new life. It’s a quiet, but beautiful city […]

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Entertainment

Los Angeles Treatment of Dave Chappelle Attacker Fuels Crime

Dave Chappelle was finishing his set for “Netflix Is a Joke” at the Hollywood Bowl in Los Angeles when a man from the audience, Isaiah Lee, jumped onstage and attacked him. In his possession was a switchblade knife, a deadly weapon. I don’t know about you, but this sounds like a premeditated criminal act to […]

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Entertainment

Patti Lupone’s hypocritical privilege turns her into a Karen mask

Take aim at one more hypocritical COVID celeb: The big musical theater turns out to be a ranting mask (no mask) Karen. A viral video shows the Tony and Grammy winner yelling “fuck you” at a patron for refusing to wear a mask after a performance of “Company” at the American Theater Wing. However, LuPone […]

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SOCCER

Men in Blazers Celebrates Resilience of Three Rough Years

Something miraculous happened Tuesday night at NYU’s Skirball Center in lower Manhattan, and no, it was not seth meyers killing with David Moyes jokes. the Men in Blazers podcast returned to a live recording format after several very challenging years off. Thanks to the cultish devotion of football fans (or “soccer” fans, for most of […]

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Markets

Bitcoin Utility Grows During The Bear Market

One of the main aspects of on-chain analysis is to examine transactions over the network. Unlike exchange-involved transactions, which often lead to price volatility, transactions outside of exchanges demonstrate the network utility as possible payments among users. It makes a positive contribution to the development of the network over the long term if users are […]

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Markets

Opinion: The S&P 500’s charts are pointing to more stock-market losses

This past week, the S&P 500 index plunged to new relative lows. It is now trading at prices last seen in March 2021. This latest move downward violated support at 4100-4200 and prompted a swift move down toward possible support at 3900. The next support area below that is 3700 – the lows of February […]

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Markets

Will inflation push more people to go back to work? ‘They’ll be entering a job market that’s eager to have them,’ one economist says

Labor costs are driving up inflation. But will inflation also drive more people back to the workforce? The annual rate of inflation slowed to 8.3% in April from 8.5% the previous month, helped by a fall in gasoline prices, but consumers still face rapidly rising costs. The March reading was the highest since 1981. The […]

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Artificial intelligence

Malbek enriches AI functionality and adds CLM Value Assessment Tool in recent update

Malbek, providers of an AI-fueled Contract Lifecycle Management (CLM) platform, is introducing availability expanded platform capabilities and a new CLM Value Assessment tool, putting the spotlight on real time Redline Recommendations. Using the platform’s proprietary Lifecycle AI running NLP Heuristics with Semantic Analysis, this functionality helps to identify all contracts with similar asks received from […]

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Markets

Don’t Tax, Set the Rules and Trust the Market

May 10, 2022 12:46 p.m. ET E85 fuel at a gas station in Nevada, Iowa. Photos: Jason Reed/REUTERS Tom Hazelleaf (Letters, May 2) is right about letting markets lead the fight against climate change, but wrong about imposing a carbon tax. Gasoline is the largest emitter by far of new carbon dioxide. The price elasticity […]