[GHM]
Best Defense Stock: Graham Corporation Ready For Take Off (SA Quant)
Published:3/28/2024 5:34:08 PM
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[World]
U.S. updates how it classifies people by race, ethnicity for first time in decades
The changes, announced Thursday by the Office of Management and Budget, aim to better capture an increasingly diverse country and give policymakers a fuller view of the Americans they impact.
Published:3/28/2024 5:34:08 PM
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[]
The LEAST They Could Do: IL Parole Board Members Resign After Prisoner They Released Stabs 11-Year-Old
Published:3/28/2024 5:34:08 PM
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[Uncategorized]
Sam Bankman-Fried Sentenced to 25 Years for FTX Crypto Fraud
“There is a risk that this man will be in a position to do something very bad in the future."
The post Sam Bankman-Fried Sentenced to 25 Years for FTX Crypto Fraud first appeared on Le·gal In·sur·rec·tion.
Published:3/28/2024 5:26:53 PM
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[Entertainment]
The Bachelor's Kelsey Anderson Addresses Limo Moment With Daisy
Turns out the girls on Joey Graziadei's season of The Bachelor actually were there to make friends.
Because that was the impetus for finalists Kelsey Anderson and Daisy Kent sharing a ride to...
Published:3/28/2024 5:26:53 PM
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[Markets]
How Oakland A's fans are finding ways to support their team, but not its owner
Published:3/28/2024 5:20:03 PM
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[Markets]
Bahrain Opposition Activist Arrested For Criticizing McLaren Ownership
Bahrain Opposition Activist Arrested For Criticizing McLaren Ownership
Via Middle East Eye
A leading opposition activist has been arrested and detained in Bahrain for criticizing on social media the island kingdom’s ownership of the sportscar brand, McLaren.
Ebrahim Sharif was arrested by Bahraini authorities on Monday morning over social media posts critical of Bahrain’s decision to take full ownership of the McLaren Group, which is involved in Formula One, other motorsports and the manufacture of luxury supercars.
The former secretary general of the National Democratic Action Society (Wa’ad), Bahrain’s largest leftist political party, Sharif was arrested and detained for three social media posts he wrote in the wake of the McLaren ownership news.
Last Friday, Mumtalakat, Bahrain’s sovereign wealth fund, which was already McLaren’s biggest shareholder, having first invested in 2007, took over full ownership of the troubled British company, which has been experiencing heavy financial losses.
Abdulla bin Khalifa al-Khalifa, CEO of Mumtalakat and a member of Bahrain’s ruling royal family, welcomed the deal, heralding "the next phase of the company’s trajectory of growing its leadership position in the luxury super car and motorsports industries."
Sharif was interviewed by police on Monday following a summons and subsequently referred to Bahrain’s public prosecution, which ordered that he be kept in detention for seven days pending an investigation over "social media posts that allegedly incite hatred against the regime," according to Sharif’s lawyer and family.
If officially charged, the opposition activist could be imprisoned under Article 165 of the Bahrain Penal Code, which states that "A prison sentence shall be passed against any person who expressly incites others to develop hatred or hostility towards the system of government." Farida Ghulam, Sharif’s wife, confirmed his arrest and the reasons for his detention in a social media post.
Middle East Eye asked McLaren if it condoned the arrest and detention of an activist for criticizing its ownership. The company has not yet responded.
In the first of his contentious social media posts, on March 23 Sharif quoted Karl Marx’s line about history repeating itself first as tragedy, and then as farce. He referenced Bahrain’s prior purchase of Gulf Air, before writing: "With McLaren, we have moved from tragedy to farce. We have completed another cycle of owning failed companies with bottomless losses."
McLaren recorded a pre-tax loss of $349m in the first nine months of 2023.
The next day, Sharif contrasted Bahrain’s housing projects budget for 2023 (approximately $239m, according to official documentation displayed in the tweet) with the $564m put into McLaren by the sovereign wealth fund.
In a follow-up post, Sharif wrote that "Denial is an official policy, and the narrative of ‘a happy people’ is promoted by superficial media outlets." And further:
"Do we believe what officials repeat and find resonance in complicit media, or do we believe what our eyes see, our ears hear, and our feelings sense about citizens living in miserable poverty, chronic unemployment, marginalization, class disparities, and housing waiting lists that extend until the end of their days?
What the state spent on McLaren Racing last year is multiples of what it spent on housing projects. Do people die... in their overcrowded homes because you prioritize your hobbies and games over the interests of the poor?"
It was after this last post that Sharif was summoned for an interview by Bahraini police. Commenting on the charges, Sayed Ahmed Alwadaei, advocacy director at the Bahrain Institute for Rights and Democracy (Bird), said: “These accusations are absurd. No one should be arrested for freely expressing their views or questioning how the government is spending public funds. McLaren’s leadership must speak out on his arrest or else their brand will be stained by Bahrain’s abuses.”
In 2004, Bahrain hosted its inaugural Grand Prix – the first one to take place in the Middle East. While the 20th anniversary of this event was celebrated at the 2024 Bahrain Grand Prix earlier this month, activists told MEE it marked "20 years of sportswashing".
The deal to take F1 to Bahrain was struck by the motorsport’s then-supremo, Bernie Ecclestone, and the island kingdom’s crown prince, Salman bin Hamad al-Khalifa.
Over the 20 years it has hosted the Grand Prix, Bahrain has looked to control this publicity, with political protests broken up so as not to disturb the spectacle around the motorsport, and activists harassed, detained and jailed for speaking out.
"The Grand Prix helps them, it helps them do this," Moosa Satrawi, a Bahraini activist who told MEE he had been detained, abused and tortured for protesting unemployment in the island kingdom, said of Bahrain’s clampdown on human rights.
Tyler Durden
Thu, 03/28/2024 - 18:20
Published:3/28/2024 5:20:03 PM
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[Latest News]
NYC Mayor Unveils Gun Scanners in Subway Amid Violent Crime Surge
New York City mayor Eric Adams (D.) on Thursday announced the city will start using gun scanners in its subway stations amid a surge in violent crime in recent months.
The post NYC Mayor Unveils Gun Scanners in Subway Amid Violent Crime Surge appeared first on Washington Free Beacon.
Published:3/28/2024 5:13:07 PM
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[ce0f8f52-af60-5c62-b69e-ca9126fb3157]
Top court upholds Maine's Sunday hunting ban
The Maine Supreme Judicial Court ruled Thursday that the state's longstanding ban on Sunday hunting is constitutional, dismissing a lawsuit asserting the contrary.
Published:3/28/2024 5:13:06 PM
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[Politics]
[VIDEO] – Thug with 7 prior arrests sucker punches random woman in the face, breaks her jaw in Brooklyn
ABC 7 did a report on a thug named Franz Jeudy who has been arrested seven times for assault in Brooklyn and keeps getting let back out on the street. This week . . .
Published:3/28/2024 5:06:09 PM
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[]
Rob Reiner Says Taylor Swift Could Single-Handedly Save American Democracy
Published:3/28/2024 5:06:08 PM
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[Society]
Most Believe in Jesus Christ’s Resurrection, New Poll Finds
Nearly 70% of registered voters believe that Jesus Christ physically rose from the dead, and more than 70% plan to celebrate Easter this year, a new... Read More
The post Most Believe in Jesus Christ’s Resurrection, New Poll Finds appeared first on The Daily Signal.
Published:3/28/2024 4:59:09 PM
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[World]
8-year-old girl only survivor of South Africa bus crash that killed 45
A transit accident in South Africa killed 45 people after a bus plunged off of a bridge into a ravine. The only survivor was an eight-year-old girl, authorities said.
Published:3/28/2024 4:59:09 PM
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[]
NYC Begins Handing Out Free Cash Cards to Illegal Aliens, Worth $1200+ Every Month
Let it burn. OUT: Obamaphones IN: Bidencards NYC begins handing out prepaid debit cards to migrants in controversial program The Adams administration launched its program to give prepaid debit cards to New York City migrants this week -- two months...
Published:3/28/2024 4:52:11 PM
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[World]
Democrats' 'freak show' goes after Trump
If Donald Trump is a carnival barker, this motley crew of Trump detractors is the freak show that sets up a tent down the road from wherever Mr. Trump takes his jolly circus.
Published:3/28/2024 4:45:33 PM
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[b464e3a3-bca8-5e6d-b72f-d6caf7e9e0e7]
'Oppenheimer' director Christopher Nolan and wife Emma Thomas to get British knighthood and damehood
'Oppenheimer' director Christopher Nolan and his wife and producer Emma Thomas will be made knight and dame for their contributions to the film industry.
Published:3/28/2024 4:45:33 PM
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[8610a00a-d24f-5ae0-a38b-c3ce53a34aaf]
Candace Cameron Bure breaks down as she admits to 'shame' over speaking about depression: 'Feels so weak'
Actress Candace Cameron Bure broke down in tears as she opened up about feeling "shame" over speaking about her depression with others.
Published:3/28/2024 4:38:33 PM
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[]
We Have So MANY Questions: Man Marries Conjoined Twin and Well, There is Some Confusion
Published:3/28/2024 4:38:33 PM
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[Markets]
Tommy Bahama maker Oxford warns that cautious consumers will weigh on profit
Published:3/28/2024 4:38:33 PM
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[]
EXCLUSIVE: Survivor’s Recollections of Genocidal Khmer Rouge Civil War
Published:3/28/2024 4:31:44 PM
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[Ellis Island]
The Ellis Island Museum Is Getting a $100M Makeover
The 34-year-old museum is the focus a much-needed revitalization campaign.
Published:3/28/2024 4:24:32 PM
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[Markets]
Q1 2024 Takeaways: The rise and fall of the Magnificent Seven
As the first quarter of 2024 draws to a close, Yahoo Finance's Head of News Myles Udland joins Market Domination Overtime to recap the market highlights of the past quarter. The S&P 500 (^GSPC) is closing the quarter at a new record high, marking the best first quarter since 2019. While 2023 saw the Magnificent Seven tech stocks fuel market gains initially, the first quarter of 2024 is ending with only four of those names — Amazon (AMZN), Meta (META), Nvidia (NVDA), and Microsoft (MSFT) — carrying the momentum. Apple (AAPL) continues to struggle, declining for three straight months. As the gains broaden to other sectors of the market, Energy, Materials, Utilities, and Financials all benefited and were the best-performing sectors for the first quarter. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. Editor's note: This article was written by Angel Smith
Published:3/28/2024 4:24:31 PM
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[Politics]
BREAKING REPORT: Biden intentionally withholding weapons from Israel they’ve requested
It’s just being reported that Israel isn’t receiving all the weapons that they’ve requested from the US because Biden isn’t willing to give it to them. Here’s the report from Reuters: WASHINGTON, . . .
Published:3/28/2024 4:17:18 PM
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[Markets]
Dow Jones Futures: Stock Market Strong Before Inflation Data; Will Nvidia AI Chip Peer Forge A Base?
The stock market impressed heading into key inflation data. Nvidia peer and AI chip IPO Astera Labs could be starting a base.
Published:3/28/2024 4:17:18 PM
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[Markets]
Oakland fans want a ‘last hurrah’ with A’s, but don’t want to give money to their owner. Here’s how we’re doing it
A’s fans plan a tailgate protest, road trips to other stadiums and ‘John Fisher offsets’ as they face the dilemma of conflicting goals
Published:3/28/2024 4:17:18 PM
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[Latest News]
'No Evidence': Judge Unmoved by Hunter Biden's Argument That Prosecution Is Politically Motivated
A federal judge on Wednesday appeared skeptical of Hunter Biden’s legal team’s argument that federal officials have been politically motivated in their prosecution of President Joe Biden’s son.
The post 'No Evidence': Judge Unmoved by Hunter Biden's Argument That Prosecution Is Politically Motivated appeared first on Washington Free Beacon.
Published:3/28/2024 4:10:24 PM
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[581ea606-30ee-5cee-99ca-b6a7e616f545]
GOP Senate candidate pushes Republicans to rebuild Baltimore bridge
Former Maryland Gov. Larry Hogan, a Republican Senate candidate, says he’ll ‘push’ his party to support federal funding to rebuild the bridge that collapsed in Baltimore
Published:3/28/2024 4:10:23 PM
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[Markets]
Piketty's Inequality Con
Piketty's Inequality Con
Via SchiffGold.com,
If you ask a liberal politician who their favorite economist is, there are three likely responses.
One response is a panicked change of topic.
From the slightly more sophisticated politicians who skim the New York Times, you might hear Paul Krugman.
From the politicians who style themselves intellectuals of the left, you’d hear Thomas Piketty.
Thomas Piketty is a French economist who is a professor at the School for Advanced Studies in the Social Sciences, one of France’s most prestigious schools. In 2013, he released a book called Capital in the Twenty-First Century. It was a bestseller. In the book, Piketty argues that the rate of return on capital is greater than long-run economic growth. He projects that this relationship will continue and a small minority of capital owners will become richer, not just in absolute terms due to economic growth, but also in relative terms, as wages comprise a smaller and smaller share of the economy over time.
Piketty thinks this is bad for typical left-wing reasons and suggests that massive wealth taxes are an appropriate solution to what he sees as the otherwise inevitable concentration of wealth. The New Yorker has argued that Piketty’s work inspired Senator Elizabeth Warren’s campaign for a wealth tax.
While Piketty’s claims about the desirability of egalitarianism and wealth taxes are to some extent subjective, his book and his reputation are premised on the claim that he carefully assembled data that showed an increasing return to capital over time.
He claims to have based his work on three centuries of data.
Unfortunately, for fans of Piketty and left-wing economists who prefer a more fact-based economics approach, it looks like Piketty’s data work is quite sloppy.
In 2015, Magness and Murphy pointed to a wide range of flaws or mistakes in the book writing that they found “evidence of pervasive errors of historical fact, opaque methodological choices, and the cherry-picking of sources to construct favorable patterns from ambiguous data. Additional evidence suggests that Piketty used a highly distortive data assumption from the Soviet Union to accentuate one of his main historical claims about global “capitalism” in the twentieth century.” According to Magness and Murphy, Piketty bases his measure of 150 years of the world economy on a sample size of just six individual years and just extrapolates the rest of the data! Yikes!
The critique was influential but perhaps as Alex Tabarrok suggests it was possible to dismiss because the criticism was published in a libertarian-leaning journal. However further work showed even more problems with the Piketty data.
In 2018, a report from the left-wing Urban Institute came out that showed that work by Piketty which showed extreme increases in economic inequality was an outlier in the field with other studies, even some by other left-wing economists, showing much smaller effects. This is consistent with Magness and Murphy’s concern that Piketty was cherry-picking results to conjure up an image of an inegalitarian dystopia. In 2023, another study tried to look at the same topic and pointed out what you accounted for the extremely progressive American income tax system and income transfers (welfare programs), there was “little change in after-tax top income shares.”
Inequality changes over time. Sometimes it rises. Sometimes it falls (as is happening right now).
Piketty didn’t discover a secret law of economics and now we have the data to show it.
That probably won’t stop some left-wing politicians from citing him- there are even people who cite Karl Marx unironically- but it might let us know who we don’t have to take seriously.
Tyler Durden
Thu, 03/28/2024 - 17:00
Published:3/28/2024 4:10:23 PM
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[Society]
Higher Ed’s Dilemma: Punish Plagiarism or Stick With DEI
Academic culture is facing a crisis of its own making. The now myriad plagiarism and other scandals rocking the ivory tower increasingly are being waved... Read More
The post Higher Ed’s Dilemma: Punish Plagiarism or Stick With DEI appeared first on The Daily Signal.
Published:3/28/2024 4:03:04 PM
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[Markets]
GLOBAL MARKETS-Stocks subdued, yen in focus, with inflation data on tap
A gauge of global share markets was barely changed on Thursday as it was poised to end the quarter with solid gains, while a strong dollar kept the yen near its weakest in decades amid the threat of intervention from Japanese authorities. Wall Street's main stock indexes finished the session with minimal changes as markets broadly were largely rangebound ahead of Friday's much-anticipated U.S. personal consumption expenditures (PCE) price index data, a closely watched inflation measure. “People are probably a little cautious about positioning ahead of PCE,” said Sameer Samana, senior global market strategist at the Wells Fargo Investment Institute.
Published:3/28/2024 4:03:03 PM
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[Energy]
Which Power Source is Best
The report concludes that “natural gas and nuclear power lead the rest of the class in generating clean and affordable energy”.
Published:3/28/2024 4:03:03 PM
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[Markets]
Semtech’s stock pops after sales hike
Published:3/28/2024 4:03:03 PM
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[Entertainment]
Tracy Morgan Sets the Record Straight on Experience With Ozempic
Tracy Morgan gained your attention—but not the weight.
Though he recently said he added on 40 pounds while on the Type 2 diabetes drug Ozempic, the comedian admitted that quip was just for...
Published:3/28/2024 3:56:02 PM
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[Markets]
Stocks Close Mixed As Holiday Weekend Gets Underway; S&P 500 And Dow Close At New Highs
The S&P 500 and the Dow Jones Industrial Average closed at record highs on Thursday. Palantir Technologies stock tumbled.
Published:3/28/2024 3:56:02 PM
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[Free Speech]
[Eugene Volokh] Journal of Free Speech Law: "Investigative Deception Across Social Contexts," by Prof. Alan Chen
The first of twelve articles from the Knight Institute’s Lies, Free Speech, and the Law symposium.
Published:3/28/2024 3:56:02 PM
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[]
Fire Alarm Puller Jamaal Bowman, Who Has Previously Pushed "Bush Did 911" Trutherism Conspiracy Theories, Now Claims That Jews Are Fabricating Evidence About Hamas' Rape Teams
Jamaal Bowman, the only male "Squad" member and someone who made the Youthful Mistake of peddling anti-American 911 conspiracy theories when he was (checks notes) thirty fucking five years old, now tells a group of pro-Hamas protesters that those sinister...
Published:3/28/2024 3:56:02 PM
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[Markets]
Semtech’s stock pops after sales hike shows business has ‘progressed from stable to growing’
Semtech Corp.’s stock initially soared 17% before cooling a bit in extended trading Thursday after the company rang up better-than-expected sales and strong sales guidance for its current quarter.
Published:3/28/2024 3:49:17 PM
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[Markets]
Inflation risks appear to be tilting higher, threatening Fed’s rate-cut hopes
Published:3/28/2024 3:49:17 PM
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[Markets]
US STOCKS-S&P 500 closes higher to secure strongest Q1 since 2019
The S&P 500 closed out the week with slight gains on Thursday, with the benchmark index notching its strongest first quarter in five years, as investors digested the latest batch of economic data while looking towards the next inflation reading. Each of the three main U.S. indexes recorded solid quarterly gains, led by a climb of 10.16% for the S&P 500, aided by optimism over artificial intelligence (AI) related stocks and expectations the U.S. Federal Reserve will begin to cut interest rates this year. The blue-chip Dow sits less than 1% away from breaching the 40,000 level for the first time.
Published:3/28/2024 3:41:50 PM
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[Markets]
Stock market surge rewards S&P 500 with best start since 2019
A robust quarter for the tech and financial sectors boosted the S&P to its best quarter since 2019.
Published:3/28/2024 3:34:45 PM
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[Markets]
The S&P 500 and the market's 'fear gauge' are both up. Should investors worry?
Published:3/28/2024 3:34:45 PM
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[]
Joy Reid Dragged for Claiming GOP is Anti-DEI Because They Can't Stand Black People
Published:3/28/2024 3:34:45 PM
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[American Society]
When Stars Bungle Their Big Political Moments
Celebrities, please stop being so brave.
Published:3/28/2024 3:34:45 PM
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[Markets]
You Can't Fool All Of The People All Of The Time About Immigration
You Can't Fool All Of The People All Of The Time About Immigration
Authored by Simon Hankinson via The Epoch Times,
There’s an old saying attributed to Abraham Lincoln: “You can fool all of the people some of the time and some of the people all of the time. But you can’t fool all of the people all of the time.”
Three years into his presidency, Joe Biden has run into the last sentence of that aphorism as he attempts to fool all Americans into believing that either that he wants to fix the border crisis or that Republicans are to blame for it.
In his recent State of the Union address to Congress, President Biden was praised as “fiery” and “energetic” by friendly press outlets, but even they had to admit that the speech was more campaign stump speech than national status report. The right-leaning Federalist claimed Mr. Biden lied 30 times. And even Roll Call, which news website and media monitor AllSides calls “center”-leaning, fact-checked the speech and found it “included misleading claims on inflation, crime, clean energy investments, wages.”
Roll Call’s list of Biden’s false or misleading claims missed the biggest one of all: his attempt to blame Republicans in Congress for the disaster at the border that was actually caused by his executive actions.
Even so, what bothered the Left was that the president had gone off-script and called Jose Ibarra, the Venezuelan accused of killing college student Laken Riley, an “illegal.” Mr. Biden apologized for that faux pas in an interview with MSNBC two days later, saying, “I shouldn’t have used ‘illegal,’ it’s ‘undocumented.’”
But, in fact, Ibarra, while illegally in the United States, was indeed documented. Biden’s Department of Homeland Security documented him when it paroled him into the United States “temporarily” and on a “case-by-case” basis, as the law requires, allowing him to enter the country with no criminal background check in his native country. This was despite reports that Ibarra has tattoos indicating membership in a violent gang, which should have triggered further investigation.
“I am not going to treat any of these people with disrespect,” Mr. Biden told Jonathan Capehart in the interview. “They built this country.”
Presumably, by “these people,” Mr. Biden meant young men such as the Ibarra brothers. Mr. Biden would like Americans to ignore the distinction between congressionally authorized immigration (which did indeed help build this country) and the mass, illegal migration of unvetted aliens that he has facilitated during his three years in office.
“We have to control the border … and more orderly flow,” the president told Capehart.
By “orderly flow,” Mr. Biden means processing into the country as many inadmissible aliens as physically possible. This has been his policy from the very beginning of his administration, as this X compilation of Biden’s statements makes clear:
Despite the president’s falsehoods in his speech and protestations to Capeheart, however, a recent CBS poll showed 45 percent of Americans thought the “situation at the U.S.-Mexico border is a crisis.” That has the spin doctors working overtime.
Defending Biden’s border policy on CNN, Secretary of Homeland Security Alejandro Mayorkas again claimed, “This system has been broken for decades,” that the administration has been trying to fix it from Day One, and that there is a magical “bipartisan solution” in Congress that Republicans are refusing to pass.
“Legislation is the enduring solution,” said the man who has deliberately ignored existing legislation for three years. Mayorkas has refused to return asylum applicants to Mexico, detain or deport illegal aliens as he is legally required to do, and has made up programs to mass parole them into the United States, which the law does not authorize.
Raul Ortiz, the head of the 21,000-strong U.S. Border Patrol until summer 2023, recently said he had never once met with President Biden or “border czar” Kamala Harris. Ortiz said “most definitely” the White House has sent “mixed messages” to would-be illegal migrants.
Not so. The Biden message has been clear and consistent: Enter the United States illegally, and you have a better than even chance of being allowed to stay indefinitely. You’ll even get in ahead of those who try to lawfully navigate the immigration system and wait their turn in line. Cross without identification, and you can give yourself a new name, date of birth, and history that will never be verified.
The world heard Biden’s message, and they came. They are coming still, from a greater variety of countries, in greater numbers.
Keeping the borders open to please Biden’s radical base while blaming Republicans in Congress for the results appears to be the White House communications strategy. “Every day between now and November, the American people are going to know that the only reason the border is not secure is Donald Trump and his MAGA Republican friends,” Mr. Biden claimed after a visit to the border at the end of February.
But as Roll Call columnist David Winston wrote, “Simply saying the same things more aggressively won’t convince voters.”
After three years, Mr. Biden has made his case. He wants billions more tax dollars to facilitate the “smooth flow” of essentially unlimited immigration by foreigners who have no right to enter the country other than what “rights” he confers through stretching executive powers beyond credibility. Mr. Biden owns the consequences and will have to defend this position, not use the smoke screen he attempted to conjure at the State of the Union to conceal it.
Reprinted by permission from The Daily Signal, a publication of The Heritage Foundation.
Views expressed in this article are opinions of the author and do not necessarily reflect the views of The Epoch Times or ZeroHedge.
Tyler Durden
Thu, 03/28/2024 - 16:20
Published:3/28/2024 3:27:47 PM
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[Markets]
How major US stock indexes fared Thursday, 3/28/2024
The Dow Jones Industrial Average rose 0.1%, and the Nasdaq composite slipped 0.1%. Treasury yields inched higher in the bond market following several reports on the economy. The Nasdaq composite fell 20.06 points, or 0.1%, to 16,379.46.
Published:3/28/2024 3:27:47 PM
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[7adb625b-88fe-5499-889c-81fe379f97d0]
Fox News Politics: Trump mourns fallen officer
The latest updates from the 2024 campaign trail, exclusive interviews and more Fox News politics content
Published:3/28/2024 3:20:46 PM
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[World]
Robinhood wants to be ‘a one-stop shop’ with its new credit card. Is the Robinhood Gold card a good deal?
Here’s who should consider applying for the 3% cash-back gold card
Published:3/28/2024 3:20:46 PM
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[Markets]
S&P 500 Hits Record Close and Notches Best Start to the Year Since 2019
The S&P 500 and Dow Jones Industrial Average each capped off a strong first quarter on Thursday with another record close. The Dow Jones Industrial Average was up 47 points, or 0.1%. The S&P 500 was up 0.1%.
Published:3/28/2024 3:13:47 PM
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[Markets]
Dow, S&P 500 close at records as stock market posts biggest Q1 gain in 5 year
Published:3/28/2024 3:13:47 PM
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[World]
Looking for the Historical Jesus and the Real Jesus
Published:3/28/2024 3:06:31 PM
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[Markets]
US STOCKS-S&P 500 closes higher to secure strongest Q1 since 2019
The S&P 500 closed out the week with modest gains on Thursday, with the benchmark index notching its strongest first quarter in five years, as investors digested the latest batch of economic data while looking towards the next inflation reading. Each of the three main U.S. indexes were set for solid quarterly gains, led by a climb of more than 10% for the S&P 500, aided by optimism over artificial intelligence (AI) related stocks and expectations the U.S. Federal Reserve will begin to cut interest rates this year.
Published:3/28/2024 3:06:31 PM
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[World]
Inflation risks appear to be tilting higher, threatening to throw Fed’s rate-cut hopes into disarray
The possibility that U.S. inflation won’t trend much lower is raising concerns that Federal Reserve policymakers are mistakenly clinging to prospects for three interest-rate cuts this year and may lose their credibility, which could trigger cross-asset volatility.
Published:3/28/2024 3:06:31 PM
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[Uncategorized]
Israeli Military Preparing Offensive on Hamas Rafah Stronghold, Despite Mounting Threats from Biden Admin
Jerusalem Post: The IDF to "stagger the invasion of Rafah into stages to make sure that most of the civilians left before major fighting took place."
The post Israeli Military Preparing Offensive on Hamas Rafah Stronghold, Despite Mounting Threats from Biden Admin first appeared on Le·gal In·sur·rec·tion.
Published:3/28/2024 2:59:25 PM
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[5ff0be5b-2cd5-539d-b87a-dc244c8d0a1f]
Celebrity trainer Gunnar Peterson shares daughter, four, has leukemia: 'Life changing turn'
Celebrity trainer Gunnar Peterson shared that his daughter Monroe, four, had been diagnosed with acute myeloid leukemia and will undergo chemotherapy.
Published:3/28/2024 2:59:24 PM
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[Markets]
S&P 500 rallied across Q1, but valuations a 'concern': Strategist
The S&P 500 (^GSPC) is on track for its best first quarter of a fiscal year since 2019. AI stocks and cooling inflation have fueled the rally. With looming interest rate cuts from the Federal Reserve, and an ongoing presidential election season, can the market continue to soar? WealthWise Financial CEO Loreen Gilbert joins Market Domination to discuss the performance of the S&P 500 and how the broader market may move going forward. Several factors could derail the market's persisting rally, Gilbert explains: "I think valuations are always a concern, and I think we've seen just in the last few days some concerns about technology and has there been over-exuberance in the area of AI, and has it kinda gotten ahead of itself? I think you have to be mindful of the prices that you're paying for stocks, because how much has already been embedded to those future earnings that are going to happen. So, definitely being mindful of the price, and that could derail certain areas or certain stocks." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. Editor's note: This article was written by Nicholas Jacobino
Published:3/28/2024 2:59:24 PM
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[World]
Lowe’s credit card now has a 31.99% interest rate. Customers call it ‘loan sharking.’
“These interest charges could be astronomical on a big purchase,” says one credit-card expert.
Published:3/28/2024 2:59:24 PM
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[]
Federal Appeals Court Rules that Pennsylania Must Verify Signatures for Mail-In Voting
There is no reason to oppose this minor, barely-adequate measure, except to increase voter fraujd. The U.S. 3rd Circuit Court of Appeals has ruled in favor of signature verification for mail-in voting in Pennsylvania, overturning a previous federal district court...
Published:3/28/2024 2:59:24 PM
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[2024 Election]
Exclusive: Trump Camp Smashes ‘Three Stooges’ Biden, Obama, Clinton for Skipping Slain NYC Officer’s Wake to Fundraise
Donald Trump's campaign is ripping Joe Biden, Barack Obama, and Bill Clinton for disrespecting a slain NYPD officer by skipping his wake.
The post Exclusive: Trump Camp Smashes ‘Three Stooges’ Biden, Obama, Clinton for Skipping Slain NYC Officer’s Wake to Fundraise appeared first on Breitbart.
Published:3/28/2024 2:51:56 PM
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[Guns]
[Eugene Volokh] The Second Amendment and 18-to-20-Year-Olds
From Third Circuit Judge Cheryl Krause's dissent from denial of rehearing en banc yesterday in Lara v. Commissioner; Judges Shwartz, Restrepo, Freeman, Montgomery-Reeves, and Chung also voted to rehear the case en banc, but didn't write an opinion or join Judge Krause's: When they ratified the Second Amendment, our Founders did not intend to bind…
Published:3/28/2024 2:44:54 PM
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[c1b684ec-0a65-585d-a41a-f0fcaa3cc0b1]
Sean ‘Diddy’ Combs' longtime friend Mary J. Blige has fans thinking she's burned bridges with the music mogul
Mary J. Blige's recent cryptic remarks on social media have fans questioning if she's referring to Sean "Diddy" Combs' recent legal troubles.
Published:3/28/2024 2:44:54 PM
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[World]
The S&P 500 and Wall Street’s ‘fear gauge’ are both up in 2024. Should investors be worried?
Something unusual happened in the stock market this quarter: Both the S&P 500 and Cboe Volatility Index, better known as the Vix, rose.
Published:3/28/2024 2:44:54 PM
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[Biden Administration]
Biden Admin Could Use 'Indigenous Knowledge' To Kill Critical Mining Project
The Biden administration could use "indigenous knowledge" to jettison a critical mining proposal projected to yield billions of dollars in precious metals used for renewable energy projects.
The post Biden Admin Could Use 'Indigenous Knowledge' To Kill Critical Mining Project appeared first on Washington Free Beacon.
Published:3/28/2024 2:30:19 PM
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[Business]
Bug Zappers Are Swarming on Amazon
Amazon listings for low-cost tech products can send shoppers down a rabbit hole of weird brand names, duplicate listings, and suspect reviews. Data from Fakespot shows bug zappers are ascendant.
Published:3/28/2024 2:30:19 PM
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[Markets]
Stocks Drag Along Before Holiday Weekend; S&P 500 And Dow Bide Time As Teflon Stock Slides
Stocks were quiet in afternoon of trading with the major indexes showing little movement on Thursday. Palantir Technologies stock tumbled.
Published:3/28/2024 2:30:19 PM
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[Entertainment]
Tasty Celebrity Cookbooks: Chrissy Teigen, Kristin Cavallari & More
We independently selected these deals and products because we love them, and we think you might like them at these prices. E! has affiliate relationships, so we may get a commission if you...
Published:3/28/2024 2:23:06 PM
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[Economy]
How the Federal Reserve Created an American Caste System
In 1913, Woodrow Wilson and his progressives promised that the Federal Reserve would avert both depressions and inflation, while preventing the wealthy from controlling America’s financial markets... Read More
The post How the Federal Reserve Created an American Caste System appeared first on The Daily Signal.
Published:3/28/2024 2:23:06 PM
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[Culture]
The 30 Best Shows on Max (aka HBO Max) Right Now
From Curb Your Enthusiasm to The Regime, here's everything you need to be watching on Max this month.
Published:3/28/2024 2:15:57 PM
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[Markets]
These tips for investing in mutual funds and ETFs can help you go with the market’s flow
A winning fund’s strategy, a bitcoin milestone and a proven way to manage risk.
Published:3/28/2024 2:15:57 PM
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[]
Tony Bobulinski Sues Fox News' Jessica Tarlov, Seeks $30 Million in Damages
Published:3/28/2024 2:07:54 PM
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[Markets]
Appeals Court Extends Block On Texas Arrests Of Illegal Immigrants
Appeals Court Extends Block On Texas Arrests Of Illegal Immigrants
Authored by Chase Smith via The Epoch Times (emphasis ours),
A divided appeals court has upheld a preliminary injunction against the State of Texas, continuing to stall the enforcement of Senate Bill 4 (S.B. 4), a state law targeting illegal immigration that allows the state to arrest and deport suspected illegal immigrants.
The United States Court of Appeals for the Fifth Circuit’s decision, in which one member of the three-judge panel dissented, follows conflicting rulings over the law that the Supreme Court briefly allowed to take effect last week.
The high court sent the case back to the 5th Circuit, which then halted enforcement while it considered the latest appeal.
The majority’s opinion said, in part, that “The United States has broad powers and rights granted by the Constitution and Congress regarding immigration matters.”
They further argue that neither the state of Texas nor their dissenting colleague has offered enough explanation as to why the United States should be barred from suing the state over the law.
“What logical basis is there for courts to say private parties and government agencies or actors may bring an action sounding in equity but not the United States,” the majority questioned in their opinion. “Neither Texas nor the dissenting opinion offers a rationale that would support such a distinction.”
They added that the “Eleventh Amendment operates only to protect States from private lawsuits—not from lawsuits by the federal government.”
The Heart of the Matter
Passed by the Texas Legislature in November 2023, S.B. 4 aimed to significantly tighten immigration enforcement within the state’s borders.
Among its most contentious provisions, the law criminalizes the illegal entry and reentry of noncitizens into Texas and authorizes state judges and magistrates to issue orders for the removal of individuals found in violation.
The challenge to S.B. 4 was mounted by the United States government, alongside two nonprofit organizations, Las Americas Immigrant Advocacy Center and American Gateways, and the County of El Paso.
These plaintiffs argued that the state law overstepped its bounds, infringing upon the federal government’s exclusive jurisdiction over immigration matters. The majority opinion agreed with that argument.
“We see no basis in the precedent of this court or the Supreme Court for concluding that the United States lacks a cognizable path for seeking to enjoin an allegedly preempted state law,” the judges wrote. “We bear in mind the United States has asserted that the laws at issue may disrupt or interfere with its core constitutional authority, including authority with regard to foreign policy and relations with other countries, as well as its authority over immigration.”
Judicial Findings
The appellate court’s ruling, delivered late on March 26, affirms the district court’s preliminary injunction and offers a comprehensive rebuttal to Texas’s defense of S.B. 4.
Key points highlighted in the decision include federal preemption, potential conflicts of interest, executive discretion, and foreign policy concerns.
The court identified what it said is a clear indication that Congress has fully occupied the field of immigration, particularly regarding the entry, reentry, and removal of noncitizens. This federal dominance, the court reasoned, leaves no room for states to enact independent immigration laws like S.B. 4.
The ruling also pointed to possible conflicts between S.B. 4 and existing federal immigration laws. The court expressed concern that the state law could undermine the federal government’s comprehensive and unified approach to immigration enforcement and foreign relations.
Another significant concern was that S.B. 4 might usurp the discretionary powers vested in federal immigration officials. By mandating the arrest, prosecution, and removal of noncitizens, the state law could interfere with the federal executive branch’s prerogative to prioritize immigration enforcement strategies.
Reflecting on precedent, the Fifth Circuit warned that S.B. 4 could adversely affect the United States’ diplomatic relations. Immigration policy, the court underscored, is an area requiring national unity and sensitivity to international implications, which state-level actions could jeopardize.
Dissent
Judge Andrew S. Oldham in his dissent wrote that he would grant the stay, noting the plaintiffs in this case “won a facial, pre-enforcement injunction against Texas’s Senate Bill 4.”
“That injunction prevents enforcement of any part of S.B. 4 against anyone at any time and under any circumstances forever,” Judge Oldham wrote. “To defend that global injunction, and to take from Texas its sovereign prerogative to enact a law that its people and its leaders want, plaintiffs must show that S.B. 4 is unconstitutional in every one of its potential applications. Plaintiffs likely cannot make that showing.”
He added that the problems at the border stem, at least in part, from the federal government’s decision “not to enforce the immigration laws Congress wrote.”
“I would embrace those same points here; allow Texas’s law to go into effect; wait for an actual conflict to arise between state and federal law; and then consider an as-applied preemption challenge at the appropriate time. Because the majority holds otherwise, I respectfully dissent.”
Broader Implications
Opponents of the Texas law say it is the most aggressive attempt by a state to address immigration since an Arizona law more than a decade ago, which was partially struck down by the Supreme Court, according to the Associated Press.
Supporters of S.B. 4 argue that the law is a necessary step to safeguard Texan communities amid perceived federal inaction on illegal immigration and that officers must have probable cause.
Tyler Durden
Thu, 03/28/2024 - 14:45
Published:3/28/2024 2:07:54 PM
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[Markets]
This small-cap stock is expected to take off — if its weight-loss pill trial succeeds
Terns Pharma is due to release data from an early-stage trial of an obesity treatment in pill form in the second half. Positive data would send the stock higher.
Published:3/28/2024 2:07:54 PM
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[SAG-Aftra]
A.I. Is Already Taking Jobs Away From Human Actors
"Mamma Mia!" actor Sara Poyzer said her job in an upcoming BBC documentary had been taken by A.I.
Published:3/28/2024 2:07:54 PM
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[]
The 'COVID-Cautious' Feel Abandoned
Published:3/28/2024 2:00:55 PM
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[Markets]
US STOCKS-Equities poised to wrap up strong quarter on quiet note
The blue-chip Dow sat less than 1% away from breaching the 40,000 level for the first time. Home Depot slipped 0.57% after the home improvement retailer said it would buy building materials supplier SRS Distribution in an $18.25 billion deal in its largest acquisition.
Published:3/28/2024 1:53:31 PM
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[631c7f3a-3a72-52a9-9ca7-6a96e076cdae]
Sean 'Diddy' Combs lawsuit names 50 Cent's ex-girlfriend as one of music mogul's alleged sex workers
A lawsuit filed against Sean "Diddy" Combs by music producer "Lil Rod" claims one of the music mogul's alleged sex workers is 50 Cent's ex-girlfriend, Daphne Joy.
Published:3/28/2024 1:53:31 PM
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[]
Jon Stewart Defrauded New York By Severely Undervaluing Home, Depriving New York of the Property Taxes It Deserved
He screams a lot about Mar-a-Lago having a low estimated taxable value in Florida, but being represented as being worth a lot more than that in loan applications. And yet Jon Stewart did the exact same thing -- and defrauded...
Published:3/28/2024 1:53:31 PM
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[Satellites]
As Space Threats Mount, U.S. Lags in Protecting GPS Services
Threats are mounting in space. GPS signals are vulnerable to attack. Their time-keeping is essential for stock trading, power transmission and more.
Published:3/28/2024 1:39:05 PM
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[World]
With Fewer Doctors, Should Florida Pharmacists Be Given a Prescription Pad?
Alternatively, lawmakers can extend the list of drugs pharmacists can prescribe under Florida’s 1985 law to include those that Ontario and Queensland allow.
Published:3/28/2024 1:39:04 PM
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[]
Hilarious Community Note on Brigitte Gabriel Post Also Shows the Absolute State of Community Notes
Published:3/28/2024 1:39:04 PM
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[Markets]
Energy Sector Revved Up While Stocks Stall
Much of the market wasn’t going anywhere on Thursday, but energy stocks were an exception. The Dow Jones Industrial Average was flat in Thursday afternoon trading. The S&P 500 was up 0.1%. The Nasdaq Composite was down 0.
Published:3/28/2024 1:32:08 PM
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[Editorial Cartoons]
Overpaid Water Carriers
by Gary Varvel at CDN -
This is the actual leadership at MSNBC. Some executives tried to hire someone to balance out the bias, but the staff, intolerant of different opinions, decided to overrule them. Don’t want to ever miss an editorial cartoon? Sign-up for our morning briefing HERE and get the latest sent to your …
Click to read the rest HERE-> Overpaid Water Carriers first posted at Conservative Daily News
Published:3/28/2024 1:25:07 PM
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[5b59287c-1239-5390-ae61-16c11347efab]
Ashley Biden diary theft: Suspect attends hearing remotely from Florida as judge delays sentencing
The suspect who stole Ashely Biden's diary, Aimee Harris, will have her sentencing delayed once again. Her attorney said Harris is making plans to appear in person.
Published:3/28/2024 1:25:07 PM
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[e3350a0f-759d-5a12-9e8b-b9d34206b66b]
Paul Simon says his 'whirlwind' marriage to Carrie Fisher caused an 'emotional upheaval'
Paul Simon detailed the ins and outs of his marriage to "Star Wars" star Carrie Fisher in the new documentary "In Restless Dreams: The Music of Paul Simon."
Published:3/28/2024 1:17:52 PM
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[Markets]
Sam Bankman-Fried's victims are moving on. It isn’t always easy.
Published:3/28/2024 1:17:52 PM
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[World]
RH shares are on pace for their best day in more than three years. Some analysts aren’t buying it.
The home-furnishings company’s fourth-quarter results didn’t “provide resolutions to the key debates” around its future performance, one analyst sao.
Published:3/28/2024 1:17:52 PM
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[Markets]
Stocks Low Key Before Long Weekend; S&P 500 And Dow Tread Water As Palantir Sinks
Stocks were quiet in afternoon of trading with the major indexes showing little movement on Thursday. Palantir Technologies stock tumbled.
Published:3/28/2024 1:10:29 PM
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[World]
Court rejects claim challenging North Carolina map for diluting Black vote
In dissent, a federal judge warns that the decision further weakens voting rights protections.
Published:3/28/2024 1:10:29 PM
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[Politics]
The tale of two presidents in New York City today
Former President Trump will be attending the wake of murdered NYPD Officer Jonathan Dillard, who was shot and killed on Sunday after the bullet went into his stomach beneath his bullet proof . . .
Published:3/28/2024 1:03:35 PM
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[Entertainment]
Who Are Abby & Brittany Hensel? Catch Up With the Conjoined Twins
Abby Hensel and Brittany Hensel are back in the spotlight.
More than a decade after their TLC series Abby & Brittany ended, the sisters, who are among the longest-living dicephalic parapagus...
Published:3/28/2024 1:03:35 PM
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[Markets]
Maryland could get federal relief funds for Key Bridge in a matter of days
Maryland will have federal money in a matter of days to pay for the Key Bridge recovery and rebuilding mission, but longer-term funding could take months to arrive.
Published:3/28/2024 1:03:35 PM
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[World]
Palestinian Authority announces new cabinet amid U.S. pressure
The reshuffle comes amid a push for the Palestinian Authority to present a new face, driven by hopes that it could play a role in rebuilding Gaza.
Published:3/28/2024 1:03:35 PM
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[Action Movies]
‘Godzilla x Kong: The New Empire’ Review: Tag-Team Monster Wrestling
There are humans in this movie, but they're just commentators for the eventual battle royal.
Published:3/28/2024 1:03:35 PM
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[]
Democrat Mega-Donor Sam Bankman-Fried Sentenced to 25 Years for Swindling Billions from Customers
Prosecutors sought 50 years but Sam Bankman-Fried got the Friends and Family Discount. Crypto entrepreneur Sam Bankman-Fried on Thursday was sentenced to 25 years in prison for stealing $8 billion from customers at the failed crypto exchange, FTX. U.S. District...
Published:3/28/2024 1:03:35 PM
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[Politics]
With 3rd Democratic senator opposed, Biden judicial nominee in jeopardy
Adeel A. Mangi faces attacks for ties to groups representing Muslim law students and incarcerated individuals. The White House calls it a smear campaign.
Published:3/28/2024 12:56:18 PM
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[World]
How Sam Bankman-Fried’s 25-year sentence compares to Bernie Madoff and Elizabeth Holmes’s jail time
As much as $10 billion in customer deposits went missing from FTX, Bankman-Fried’s crypto-trading platform, as a result of his fraud.
Published:3/28/2024 12:56:18 PM
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[]
Infuriating Thread Shows What Biden Admin is GIVING Illegals (YOU'RE Paying!) and It's SOOO Much Worse
Published:3/28/2024 12:56:17 PM
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[Uncategorized]
Appeals Court: Pennsylvania Can Throw Out Mail-In Ballots Without Dates or Wrong Dates
Pennsylvania's dating requirement does not violate, the Materiality Provision, we reverse the District Court’s order and remand for it to consider the merits of the Plaintiffs’ equal protection challenge."
The post Appeals Court: Pennsylvania Can Throw Out Mail-In Ballots Without Dates or Wrong Dates first appeared on Le·gal In·sur·rec·tion.
Published:3/28/2024 12:49:20 PM
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[Markets]
"We Don't Want Your Nice, Cheap Stuff, Thanks"
"We Don't Want Your Nice, Cheap Stuff, Thanks"
By Michael Every of Rabobank
Thinking you can successfully forecast what markets will do is a fool’s game. However, some recent financial market headlines were easy to forecast years ago. Markets didn’t, and are still failing to join the dots between said headlines and what they imply for asset prices.
No markets-based forecasting skills were needed to predict: Yellen says China’s rapid buildout of its green energy industry ‘distorts global prices’ (Reuters); Yellen to Warn China Against Flood of Cheap Green Energy Exports (New York Times); Janet Yellen says China’s giant EV push ‘distorts global prices’ and hurts workers around the world (Fortune); Janet Yellen warns China against clean energy dumping (Financial Times). Instead, you had to recognize that:
-
Our global system was imbalanced, seeing subsidized industrial goods supply agglomerate in China, and debt-driven consumer demand in the Anglosphere – and this would end in a huge crisis. Which it did in 2008, catching most in markets by surprise.
-
Negative rates and QE into bank reserves would not solve the West’s core problems – and public anger would see a populist policy shift. Moreover, the response in China would not be to ‘pivot to consumption’ to rebalance the world economy, but to double down to cement their global position. For those who didn’t read Marx, the clue was on the national flag: the hammer and the sickle aren’t symbols of consumer spending and the “fictitious capital” of asset prices, but of physical production of agri/industrial goods.
-
History said the West would try reflation and protectionism / industrial policy to match China. In the US, this would have a national security component, as Pentagon began to worry about its purported Chinese rival. All of this would create geopolitical tensions, accelerating the process of reglobalisation away from China, and towards onshoring, near-shoring, and friend-shoring - and physical rearmament. I laid this out as a strategic hypothesis years ago. I didn’t see Covid as an accelerant, but I did warn Russia invading Ukraine would trigger a global meta-crisis based on the above analysis.
So, color me unsurprised the US says it won’t allow China to dump green tech on it. After all, it isn’t an isolated case. We have the clear threat of US (and maybe EU) tariffs on Chinese EVs. We have ever-growing restrictions on the use of US/Western technology in China – indeed, the US just asked its allies not to service chip-making gear in China, to which we see ‘Don’t meddle with our tech access, China’s Xi warns Dutch PM Rutte’: as the likely next NATO head, he isn’t likely to bend to that pressure(?) And, less heralded, yesterday also saw Chinese rail company CRRC withdraw from a bid for a Bulgarian public tender amid an EU inquiry designed to stop state subsidies distorting its single market.
In short, forecasts assuming goods deflation is sustained are (geo)politically naïve. Yes, China *wants* to flood the world with even more cheap goods higher up the value chain. Yes, struggling Western consumers might like to buy them. No, Western governments are not going to let them if it means deindustrialisation when the link between industry and national security has been violently rammed home in multiple geographies. Our Aussie/Kiwi analyst Ben Picton notes even so laissez-faire that they are lazy fare Australia just announced it will be trying to produce its own solar panels as part of the government’s new ‘A Future Made in Australia’ plan, suggesting industrial policy and an expansive fiscal budget to come. But where we go from there is far harder to forecast, and even to think about for some.
Will China get dragged into an FX devaluation race to the bottom alongside JPY and KRW, taking other Asian and EM FX down with it? The signals from the PBOC are mixed, but the tail risk should be clear. The logical thing to do would be for China to allow CNY to strengthen, *if* it wanted to pivot to consumption and import more to rebalance the world economy. But it arguably doesn’t want to, so it won’t. In which case, while we are back to the fool’s game of market forecasts, just how foolish some calls might look in hindsight needs to be underlined. Would the West shrug a weaker CNY off, or would tariffs and industrial policy arrive faster?
At which point, the West has opted to reflate, without integrated supply chains and with a tight labor market, which is inflationary; and with huge fiscal deficits and very high debt levels to boot. But what’s the (geo)political alternative? This Daily has regularly floated a hypothetical unorthodox fiscal-monetary-industrial policy hybrid policy for that challenge. (As in another FT headline, ‘Top Fed official says ‘no rush’ on rates after ‘disappointing’ data’: but note Waller is the new, old Powell, who shows what the Fed might look like in just one possible future, and not the one in our present, from the balance of other FOMC comments of late.)
Yet what would China do with its flood of new production if the West won’t buy it? There’s a limit to how much can be channelled into new markets in the Global South; like the West, they don’t make anything much to sell back to it. As such, they can borrow from China for a few years, and then have their own consumer busts and political backlash. All of that would add to the pressures on an already-buckling global system.
Then things would get very hard to forecast, whatever your market or fundamental view: but holding to "We always want nice, cheap stuff" as your lodestone will only make it harder.
Tyler Durden
Thu, 03/28/2024 - 13:30
Published:3/28/2024 12:49:20 PM
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[World]
Sam Bankman-Fried is going to jail for 25 years. His victims are moving on, but it isn’t always easy.
Several individuals and companies heavily exposed to FTX’s collapse have moved on from the storm that hit them amid one of the biggest failures in the history of cryptocurrency.
Published:3/28/2024 12:49:20 PM
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[Economic Liberty]
[Eugene Volokh] Tennessee Generally Bans Political and Religious Discrimination by Financial Institutions
From a newly enacted bill: A financial institution shall not deny or cancel its services to a person, or otherwise discriminate against a person in making available such services or in the terms or conditions of such services, on the basis of: (1) The person's political opinions, speech, or affiliations; (2) Except [for a financial…
Published:3/28/2024 12:42:20 PM
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[Markets]
GLOBAL MARKETS-Stocks flat as strong quarter nears end; yen on intervention watch
A gauge of global share markets was little changed on Thursday as it headed for its second straight quarter of solid gains, while a strong dollar kept the yen near its weakest in decades amid the threat of intervention from Japanese authorities. Wall Street's main stock indexes also showed minimal change and markets broadly were largely rangebound ahead of Friday's much-anticipated U.S. personal consumption expenditures (PCE) price index data, a closely watched inflation measure. “People are probably a little cautious about positioning ahead of PCE,” said Sameer Samana, senior global market strategist at the Wells Fargo Investment Institute.
Published:3/28/2024 12:42:20 PM
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[Markets]
Retirees are more afraid of healthcare than they are of running out of money
Even more scary than running out of money in retirement is paying for healthcare, which can be a major drain on any retiree’s nest egg.
Published:3/28/2024 12:35:30 PM
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[Entertainment]
Tell The Post: What’s your favorite D.C. dive bar?
We’re on the hunt for D.C.’s best dive bars. Where’s your favorite, and what makes it the perfect dive?
Published:3/28/2024 12:19:37 PM
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[Artists]
Ibrahim Mahama Announced as the Inaugural Sam Gilliam Award Winner
The Ghanaian artist will receive $75,000 and present his work in a public program at Dia this fall.
Published:3/28/2024 12:19:37 PM
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[]
HA! Megyn Kelly Rubs Salt in Sunny Hostin's WOUND After Coleman Hughes Chewed Her Up and Spit Her Out
Published:3/28/2024 12:19:37 PM
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[1d465456-189c-57ef-a1ba-92c0eafc54b1]
Nickelodeon alum Kenan Thompson admits abuse allegations in 'Quiet on Set' doc 'tough to watch'
Kenan Thompson called on Nickelodeon to "investigate more" after hearing the allegations made by his former co-stars on Investigation Discovery's "Quiet on Set."
Published:3/28/2024 12:12:35 PM
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[Latest News]
Third Senate Democrat Comes Out Against Biden’s Controversial Judicial Nominee
Sen. Jacky Rosen (D., Nev.) on Wednesday became the third Democrat in the Senate to come out against Adeel Mangi, President Joe Biden’s controversial nominee to serve as a federal appeals court judge.
The post Third Senate Democrat Comes Out Against Biden’s Controversial Judicial Nominee appeared first on Washington Free Beacon.
Published:3/28/2024 12:12:35 PM
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[Markets]
Dow Jones Flat As Russell 2000 Jumps To New High; Nvidia Firm, But Palantir Stock Dives 6%
Small caps outperformed again in the stock market today as the Russell 2000 broke out to a new high. Bitcoin rallied another 3%.
Published:3/28/2024 12:12:35 PM
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[Markets]
Good Friday’s PCE data brings crucial inflation reading — but markets are closed
Published:3/28/2024 12:12:35 PM
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[Quick Takes]
Physician Explains Why He Rejects Racial Preferences on National Institutes of Health Grant Application
"I’m angry at the National Institutes of Health for putting me in this position."
The post Physician Explains Why He Rejects Racial Preferences on National Institutes of Health Grant Application first appeared on Le·gal In·sur·rec·tion.
Published:3/28/2024 12:05:40 PM
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[Politics]
BREAKING: Sam Bankman-Fried just sentenced to 25 years in prison
Sam Bankman-Fried, the Democrats favorite crypto fraud, has just been sentenced to 25 years in prison for defrauding customers in his collapsed, multibillion-dollar cryptocurrency exchange. Here’s the news: JUST IN – Sam . . .
Published:3/28/2024 12:05:40 PM
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[Society]
Democrats Claim Men ‘Don’t Compete in Women’s Sports’ as Stolen Athletic Titles Near 300
Does Rep. Jerry Nadler, D-N.Y., really live in New York or an alternate universe? People certainly wondered after a House Judiciary Committee hearing where the... Read More
The post Democrats Claim Men ‘Don’t Compete in Women’s Sports’ as Stolen Athletic Titles Near 300 appeared first on The Daily Signal.
Published:3/28/2024 12:05:40 PM
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[]
Panicked Obama, Bill Clinton Rally to Boost Biden
Published:3/28/2024 12:05:40 PM
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[World]
Why Is the Phrase 'Career Criminal' Even a Thing?
Published:3/28/2024 12:05:40 PM
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[c05fbcd2-c97d-57b8-9907-9b5d0c3c9497]
Johnson to formally hand Mayorkas impeachment articles to Senate, urges trial 'expeditiously'
Speaker Mike Johnson and a group of House Republicans selected as impeachment managers wrote a letter to Senate Majority Leader Chuck Schumer telling him to expect impeachment articles against Homeland Security Secretary Mayorkas on April 10.
Published:3/28/2024 12:05:40 PM
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[Markets]
Dollar Rally Is On Borrowed Time As US Disinflation Lags World
Dollar Rally Is On Borrowed Time As US Disinflation Lags World
Authored by Simon White, Bloomberg macro strategist,
The current rally in the dollar is soon likely to face resistance from rising real-yield differentials with the rest of the world, driven by global inflation that is falling faster than in the US.
The dollar is on a mini spurt higher, with the DXY up almost 2% from its March lows, and up 3.3% year-to-date.
That has been driven mainly by selloffs in developed-market currencies such as the Swiss franc and the yen, with the DXY outperforming the broad trade-weighted dollar (white line in chart below), which includes EM as well as developed-market currencies.
But that is diverging from fundamentals, principally real-yield differentials. We can take the real yields of the currencies in the DXY basket (EUR, JPY, GBP, CAD, SEK and CHF) versus dollar real yields, and sum them using the same weights as in the DXY calculation, to create a DXY Weighted Real Rate. As the chart below shows, the DXY is currently diverging higher from this measure.
The DXY Weighted Real Rate is rising (it is shown reversed in the chart above) as inflation in the rest of the world is falling faster than in the US.
That trend is likely to continue. The US was among the first countries to experience elevated inflation, and one of the first to see fairly steep disinflation. It is now in the vanguard of countries realizing that inflation will not be a here-today-gone-tomorrow problem, and will instead be sticky and prone to re-accelerating.
In other words, US real yields are likely to remain more buoyant than in the rest of the world, even when central banks begin cutting interest rates, as they are all poised to be more cautious than suggested by current pricing.
The options market implies generous odds for a weaker dollar: about a 1-in-8 chance USD/JPY touches 140 by the end of June; the same odds that EUR/USD touches 1.13; and a 1-in-6 chance GBP/USD touches 1.32 (with sterling also likely structurally underpriced, as Brexit has proven surprisingly positive for the UK’s debt and external-account situation).
Tyler Durden
Thu, 03/28/2024 - 12:50
Published:3/28/2024 12:05:40 PM
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[Politics]
South Carolina to use congressional map deemed unconstitutional
The Supreme Court heard arguments on the redistricting case in October but has yet to rule, essentially running out the clock for this year’s election.
Published:3/28/2024 12:05:40 PM
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[Agriculture]
The Seattle Times Says Washington State is in a Serious Drought. Is this True?
In summary, Seattle Times ClimateLab articles are not doing anyone a favor by telling tall tales about drought and climate change. El Nino conditions are evident right now, with low snowpack but near normal precipitation. Agriculture is not collapsing. Precipitation is near normal.
Published:3/28/2024 12:05:40 PM
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[Thrillers]
‘Sugar’ Review: Colin Farrell Neo-Noir Series Is a Long Reveal
Colin Farrell drives around LA in a classic car narrating his own thoughts as clips from old movies play. Something strange is happening in this detective story.
Published:3/28/2024 12:05:40 PM
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[Politics & Ideas]
Ron Dermer on Joe Lieberman
A humorous tribute from 2018.
Published:3/28/2024 12:05:40 PM
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[]
Chief Democrat Witness Against Trump in Phony Ukranian Phone Call Impeachment Registers as a Foreign Agent for, Get This, Ukraine
Whoa! I did not see this coming. On Thursday, one of the star witnesses in the first failed impeachment of President Donald Trump registered as a foreign agent on behalf of Ukraine and the European Union (EU). According to the...
Published:3/28/2024 12:05:40 PM
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[Markets]
Good Friday’s PCE data brings crucial inflation reading — but markets are closed
Stock-market investors get a key piece of economic data on Good Friday, but won’t be able to trade on it.
Published:3/28/2024 11:56:22 AM
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[Markets]
FTX founder Sam Bankman-Fried’s sentence is longer than other noted fraudsters’
Published:3/28/2024 11:56:22 AM
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[Entertainment]
Elizabeth Chambers Addresses Armie Hammer Split on Grand Cayman
Elizabeth Chambers isn't going to bury her head in the sand.
The BIRD Bakery founder addresses her split from Armie Hammer in the new trailer for her show Grand Cayman: Secrets in Paradise.
"Grand...
Published:3/28/2024 11:49:03 AM
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[c3ba21d9-1dfc-5fec-b2ba-a70681a57d41]
King Charles' pre-recorded Easter message calls on nation to 'care for each other' amid cancer battle
King Charles pre-recorded an inspiring message that played during Thursday's Royal Maundy service in Worcester Cathedral.
Published:3/28/2024 11:49:03 AM
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[Markets]
Bank of America downgraded after hot stock run, while U.S. Bancorp and PNC get boost
New analysis from HSBC says that Bank of America’s stock is reaching its target price — but there are still buying opportunities in other banking sectors.
Published:3/28/2024 11:41:25 AM
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[World]
GOP official who claimed 2020 was stolen voted illegally nine times, judge rules
Brian Pritchard, first vice chairman of the Georgia Republican Party, was ordered to pay a $5,000 fine, as well as investigative costs and be publicly reprimanded.
Published:3/28/2024 11:41:25 AM
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[Markets]
Disney steeling for activist-investor showdown on April 3
Published:3/28/2024 11:17:09 AM
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[World]
Is the stock market open on Good Friday?
The Treasury market closes early on Thursday, March 28
Published:3/28/2024 11:17:09 AM
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[]
It's Official: Nobody Wants to Read About President Zero
Published:3/28/2024 11:09:48 AM
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[Markets]
U.S. mortgage rates ticking lower in late March
Published:3/28/2024 11:09:48 AM
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[World]
Disney steels for April 3 shareholder showdown with activist investors
Rest assured, Walt Disney Co.’s annual shareholders meeting next week will not be the happiest place on earth.
Published:3/28/2024 11:09:48 AM
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[Economy]
Sam Bankman-Fried Sentenced to 25 Years in Jail for Fraud
Former FTX CEO Sam Bankman-Fried on Thursday was sentenced to 25 years in jail for fraud.
The post Sam Bankman-Fried Sentenced to 25 Years in Jail for Fraud appeared first on Breitbart.
Published:3/28/2024 11:02:29 AM
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[Markets]
Sam Bankman-Fried sentenced to 25 years in prison
Sam Bankman-Fried, the former crypto mogul who co-founded FTX, also was ordered to repay more than $11 billion for his conviction on charges related to fraud and money laundering.
Published:3/28/2024 11:02:29 AM
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[Politics]
Joseph Lieberman, Man of the Inside Party
Lieberman demonstrated how character can disguise morally radical politics.
The post Joseph Lieberman, Man of the Inside Party appeared first on The American Conservative.
Published:3/28/2024 11:02:29 AM
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[World]
Mortgage rates fall, providing some relief to home buyers
The U.S. 30-year mortgage rate is averaging at 6.79% Freddie Mac said in its latest weekly survey on Thursday.
Published:3/28/2024 11:02:29 AM
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[]
As Squatting Epidemic Turns Lethal in Blue Jurisdictions, DeSantis Signs a Bill Ending All "Squatters Rights" in Florida, Period
The Bee: The left is denying that squatting -- drug-abusing unemployed no-accounts moving themselves into your house, and then calling the cops on you when you attempt to remove them -- is no big deal at all. Judd Legum @JuddLegum...
Published:3/28/2024 11:02:29 AM
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[bec75128-3627-5c68-8839-6f53b60eccdb]
Trump campaign unleashes on Biden for backing California's gas car ban
EXCLUSIVE: The Trump campaign is hitting the Biden administration for its expected actions green-lighting California's proposed electric vehicle mandate.
Published:3/28/2024 10:55:18 AM
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[Elections]
Jewish Dems Endorse 'Squad' Challengers, Pitting Them Against Incumbents Jamaal Bowman and Cori Bush
The Jewish Democratic Council of America is backing primary challengers to anti-Israel Reps. Jamaal Bowman (D., N.Y.) and Cori Bush (D., Mo.), marking the first time the group has endorsed against any Democratic incumbent.
The post Jewish Dems Endorse 'Squad' Challengers, Pitting Them Against Incumbents Jamaal Bowman and Cori Bush appeared first on Washington Free Beacon.
Published:3/28/2024 10:55:18 AM
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[Virtual Currency]
Sam Bankman-Fried Sentenced to 25 Years in Prison
Mr. Bankman-Fried, who was convicted of stealing $8 billion from customers of his FTX cryptocurrency exchange, faced a maximum sentence of 110 years.
Published:3/28/2024 10:55:18 AM
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[Markets]
US STOCKS-Wall St lackluster ahead of Easter break, eyes sharp Q1 gains
Wall Street's main indexes struggled for direction on Thursday in lean trading ahead of Easter break, while investors awaited data to gauge the Federal Reserve's policy path on the last business day of a strong first quarter. The three main U.S. indexes were set for robust quarterly gains, with the S&P 500 on track for its best first quarter performance since 2019, as an AI-fueled rally and optimism around the timing of the Fed's rate cuts helped lift Wall Street to record highs this month. At current levels, the blue-chip Dow is less than 1% away from the 40,000-mark, a level it has never breached.
Published:3/28/2024 10:55:18 AM
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[Markets]
GOP congressman blasts Biden vow to federally fund Baltimore bridge rebuild
Published:3/28/2024 10:55:18 AM
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[Business]
FTX Founder Sam Bankman-Fried Sentenced to 25 Years in Prison
A US judge has sentenced Sam Bankman-Fried, one-time crypto wunderkind, to 25 years behind bars.
Published:3/28/2024 10:55:18 AM
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[Politics]
Three injured after Muslim terrorist opens fire on two SCHOOL BUSES in Israel
A Muslim terrorist opened fire this morning on two school buses full of children in Israel and two vehicles. It happened in the Jordan Valley town of al-Auja. Three were injured in . . .
Published:3/28/2024 10:46:57 AM
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[Entertainment]
The 50 Most Popular Amazon Items E! Readers Bought This Month
We independently selected these products because we love them, and we think you might like them at these prices. E! has affiliate relationships, so we may get a commission if you purchase...
Published:3/28/2024 10:46:57 AM
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[de Young Museum]
At the de Young, Irving Penn’s Genius Is On Full Display
No photographer in history has been quite as influential.
Published:3/28/2024 10:46:57 AM
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[7201e744-9933-552a-a8ae-681876a4cdbe]
Christina Ricci says ex-husband wouldn't 'help me at all with anything' when son was a baby: 'All on my own'
Christina Ricci claimed that her ex-husband, James Heerdegen, did not help her "at all with anything" when she returned to work shortly after their son Freddie was a baby.
Published:3/28/2024 10:39:03 AM
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[Markets]
36 Rural Hospitals Have Closed Since 2020
36 Rural Hospitals Have Closed Since 2020
By Alan Condon of Becker Hosptial Review
Tennessee's Jellico Regional Hospital, a 25-bed critical access facility, closed March 9, making it the 36th rural hospital to shutter or no longer provide inpatient services since 2020, according to data compiled by the University of North Carolina's Cecil G. Sheps Center for Health Services Research.
The closures highlight the heightened financial challenges that rural hospitals face amid persisting workforce shortages, rising costs and leveling reimbursement. In addition, only 45% of rural hospitals now offer labor and delivery services, and in 10 states, less than 33% do, according to the Center for Healthcare Quality and Payment Reform.
Below are the 36 rural hospitals that closed since 2020, beginning with the most recent.
Editor's note: Facilities with an asterisk (*) signify converted closures (facilities that no longer provide inpatient services, but continue to provide some services, such as primary care, skilled nursing care or long-term care).
- Jellico (Tenn.) Regional Hospital
- St. Mark's Medical Center (La Grange, Texas)
- Herington (Kan.) Hospital
- Spectrum Health Kelsey Hospital (Lakeview, Mich.)
- Indiana University Health Blackford Hospital (Hartford City, Ind.)*
- Martin General Hospital (Williamston, N.C.)
- Patients Choice Medical Center of Smith County (Raleigh, Miss.)
- St. Margaret's Health-Spring Valley (Ill.)
- UPMC Lock Haven (Pa.)*
- St. Margaret's Health-Peru (Ill.) (OSF Healthcare expected to reopen the hospital this spring)
- Ascension St. Vincent Dunn (Bedford, Ind.)
- Blessing Health Keokuk (Iowa)
- Audrain Community Hospital (Mexico, Mo.)
- Callaway Community Hospital (Fulton, Mo.)
- Acoma-Canoncito-Laguna Service Unit (Acoma, N.M.)*
- Galesburg (Ill.) Cottage Hospital*
- MercyOne Oakland Medical Center (Oakland, Neb.)*
- Community HealthCare System-St. Marys (Kan.)*
- Perry Community Hospital (Linden, Tenn.)
- Northridge Medical Center (Commerce, Ga.)*
- Southwest Georgia Regional Medical Center (Cuthbert, Ga.)
- Shands Lake Shore Regional Medical Center (Lake City, Fla.)
- Cumberland River Hospital (Celina, Tenn.)
- Bluefield (W.Va.) Regional Medical Center*
- Saint Luke's Cushing Hospital (Leavenworth, Kan.)*
- Shands Live Oak (Fla.) Regional Medical Center*
- Shands Starke (Fla.) Regional Medical Center*
- Williamson (W.V.a) Memorial Hospital*
- Decatur County General Hospital (Parsons, Tenn.)
- Sumner Community Hospital (Wellington, Kan.)
- Edward W. McCready Memorial Hospital (Crisfield, Md.)*
- Mayo Clinic Health System-Springfield (Minn.)*
- Central Hospital of Bowie (Texas)*
- UPMC Susquehanna Sunbury (Pa.)*
- Mountain View Regional Hospital (Norton, Va.)*
- Pinnacle Regional Hospital (Boonville, Mo.)
Tyler Durden
Thu, 03/28/2024 - 11:30
Published:3/28/2024 10:39:03 AM
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[Markets]
GLOBAL MARKETS-Stocks tick up as strong quarter nears end; yen on intervention watch
A gauge of global shares edged up on Thursday as it headed for its second straight quarter of solid gains, while a strong dollar kept the yen languishing near its weakest in decades amid the threat of intervention from Japanese authorities. “People are probably a little cautious about positioning ahead of PCE,” said Sameer Samana, senior global market strategist at the Wells Fargo Investment Institute. "Once dollar/yen touches 152, I think there will probably be a sharp move upward, and that's when intervention could take place," said Takeshi Ishida, a currency strategist at Resona Holdings.
Published:3/28/2024 10:39:03 AM
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[World]
Americans broadly support abortion access. Will it win Biden reelection?
The issue will be a strong motivator for many voters. But other issues are generally seen as more urgent for Americans.
Published:3/28/2024 10:39:03 AM
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[Markets]
Inflation is taking a bite out of retirement savings — but there might be hope in sight
Persistent inflation has eroded Americans’ ability to prepare for their financial futures by causing them to reduce savings, take on debt and withdraw from retirement accounts.
Published:3/28/2024 10:39:03 AM
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[World]
Home Depot acquires building-products provider SRS for $18.25 billion in its biggest-ever deal
The deal could expand Home Depot’s market by $50 billion.
Published:3/28/2024 10:39:03 AM
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[Markets]
Health insurers are extending coverage to Wegovy — just not for weight loss
Published:3/28/2024 10:39:03 AM
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[World]
Here’s how much cord-cutters need to pay to watch MLB games — over $1,300 if you’re a Yankees fan
Opening Day is here. With more people cutting the cord and additional games only available on streaming networks, watching baseball has gotten more complicated — and expensive. Here’s how much.
Published:3/28/2024 10:30:51 AM
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[Markets]
U.S. pending home sales inch higher as Realtors fret over incomes and prices
Published:3/28/2024 10:21:38 AM
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[World]
Troubled EV maker Fisker to cut some car prices by more than 30% to boost demand
Fisker Inc.’s stock got a slight reprieve Thursday after the troubled electric-vehicle maker announced large price cuts in an attempt to boost demand for its cars.
Published:3/28/2024 10:21:38 AM
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[In The News]
Red State Slaps Wall Street Titan With Cease And Desist Order Over ‘Fraudulent’ Claims About Green Investments
by Will Kessler at CDN -
Mississippi Secretary of State Michael Watson sent a cease and desist letter to investment manager giant BlackRock on Tuesday night over claims the company misleads clients about its involvement in environmental, social and governance (ESG) investing. The letter claims that BlackRock incorporates ESG factors into its investment funds that are …
Click to read the rest HERE-> Red State Slaps Wall Street Titan With Cease And Desist Order Over ‘Fraudulent’ Claims About Green Investments first posted at Conservative Daily News
Published:3/28/2024 10:12:47 AM
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[Markets]
Experts Warn Mass Migration Threatens US Food Security
Experts Warn Mass Migration Threatens US Food Security
Authored by Darlene McCormick Sanchez via The Epoch Times (emphasis ours),
Mass migration exposes the United States’ food supply to diseases and parasites that could ultimately affect national security, animal health experts told The Epoch Times.
With unfettered illegal immigration—some 9 million encounters since 2021—the normal guardrails for inspection are ignored, raising the likelihood of unwanted diseases being brought across the border.
Dr. Michael Vickers has been a veterinarian for about 50 years and served on the Texas Animal Health Commission (TAHC),
The threat to the food supply is already apparent from the past cases of tuberculosis (TB) transmitted from illegal immigrants to dairy cows in Texas, he said.
Concerns are growing that it’s only a matter of time before U.S. agriculture experiences a fresh disaster on a grand scale, Dr. Vickers said.
“These people are just destroying our country. And our food supply is going to be a real critical issue,” he told The Epoch Times.
In recent years, thousands of Texas cattle have been slaughtered after being infected with drug-resistant TB through contact with illegal aliens who end up working in dairies, Dr. Vickers said.
He recalled two separate instances in which dairy herds were infected with human strains of TB in the Texas Panhandle. Certain strains of TB are zoonotic, meaning that they can be spread between humans and animals.
One Texas herd of about 10,000 was affected in Castro County in 2015, and another 13,000 cattle were affected in Sherman County in 2019, according to TAHC records.
Investigators found that the human strains had originated outside of the United States.
“Most of the dairy herds in the United States are actually milked by people from Central America and beyond,” Dr. Vickers said.
The USDA bought the Castro County herd and slaughtered it, he said. The Sherman County herd, which consisted of higher-priced organic cows, continued to be tested for TB, with infected animals removed from the herd.
Dr. Vickers said he learned that 12 illegal immigrants who were working with those dairy herds were infected with TB.
Rules meant to keep people who are carrying disease out of the United States have been sidelined under the Biden administration, according to Ammon Blair, a border security advocate at the Texas Public Policy Foundation and former Border Patrol agent.
“We’re really just mass releasing these people into the United States that could be carrying multiple diseases that aren’t even checked,” he told The Epoch Times.
For the first time in a quarter of a century, a New World screwworm resurgence is underway in Central America—a region that many migrants pass through on their way to the U.S. border.
Dr. Vickers fears that the screwworm could make its way into the United States again.
Susan Kibbe, executive director of the South Texans’ Property Rights Association, said she’s old enough to remember the screwworm outbreak when she was a teenager in Texas. She recalls having to scrape screwworm maggots out of the bellybuttons of newborn calves.
“It was devastating,” she said.
Ms. Kibbe told The Epoch Times that she is concerned about diseases being brought into Texas from mass illegal immigration from South America through the Darién Gap in Panama and into Central America.
She said a fever tick outbreak has already driven some ranchers out of business and that any new disease or parasite outbreak could push more ranchers to the financial brink—and endanger food security.
Texas counties bordering Mexico are already under a fever tick quarantine to stop them from spreading to livestock and deer in the state.
Fever ticks can carry a parasite that causes babesiosis, a malaria-like disease that can decimate a herd.
“We need to be food and energy independent and not dependent on other countries that don’t have our best interests at heart. I mean this is a big deal,” Ms. Kibbe said.
Central American Disaster
Costa Rica declared a screwworm emergency in February after reporting its first case in July 2023, according to the USDA Foreign Agricultural Service.
Costa Rica’s animal health authority, SENASA, reported the case in the Corredores region of southwestern Costa Rica near the Panamanian border crossing of Paso Canoas.
The USDA stated that despite a weekly aerial release of nearly 15 million sterile flies, Costa Rica hasn’t been able to halt the pest’s progress, placing not just Costa Rican dairy and beef cattle at increasing risk but also endangering wild animals, domestic pets, and humans.
That prompted the emergency declaration, which will provide access to additional financial resources that SENASA needs to ramp up its campaign to re-eradicate New World screwworm from Costa Rica, according to the USDA. The agency also imposed additional requirements on live animals entering the United States from Costa Rica.
Read more here...
Tyler Durden
Thu, 03/28/2024 - 10:50
Published:3/28/2024 10:12:47 AM
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[Uncategorized]
Proposed European Climate Change Plan Flails Amid Farmer Protests
The goal of the proposed "Nature Restoration Plan" is....Climate Neutrality by 2050.
The post Proposed European Climate Change Plan Flails Amid Farmer Protests first appeared on Le·gal In·sur·rec·tion.
Published:3/28/2024 10:12:47 AM
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[World]
PolitiFact Beclowns Itself Defending Biden’s Claim About Key Bridge
Published:3/28/2024 10:05:11 AM
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[]
The Morning Rant: Minimalist Edition
Let's pretend that these data are passingly accurate, even though we all know that the number of illegals is far higher than any census measures. It is still a catastrophe, and will be the end of America as we...
Published:3/28/2024 10:05:10 AM
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[Entertainment]
Love Is Blind's Brittany Reveals the Other Contestant She Dated
The Love is Blind tea continues to be piping.
Weeks after the sixth season of the Netflix reality show came to a close, Brittany Mills revealed more details about her journey leading up her...
Published:3/28/2024 9:57:15 AM
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[Markets]
Dow Jones Flat, But Bitcoin Jumps 3%; Nvidia Holds Firm, But Tesla Slumps On Wedbush Call
Small caps outperformed again in the stock market today as the first quarter draws to a close. Bitcoin jumped 3%, while oil prices rose.
Published:3/28/2024 9:57:15 AM
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[Podcasts]
The Lieberman Legacy
Published:3/28/2024 9:57:15 AM
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[3eb3cd27-026b-56fb-9773-3c2fad1a1622]
‘Little House on the Prairie’ star Melissa Gilbert says show reflects what ‘people crave in life’
"Little House on the Prairie" star Melissa Gilbert explained how the classic show is a "reflection of all the things that people crave in life." The show marked its 50th anniversary this year.
Published:3/28/2024 9:51:00 AM
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[]
By DESIGN: Sen. John Kennedy Goes Straight-FIRE Calling Biden and Dems Out on THEIR Border Crisis (Watch)
Published:3/28/2024 9:51:00 AM
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[Politics]
[VIDEO] – Republicans “really painted themselves into a corner with this idea that a five-celled embryo is somehow a person”
Morning Joe had a leftist guest from MSDNC on this morning, Molly Jong-Fast, who actually claimed that Republicans “really painted themselves into a corner with this idea that a five-celled embryo is . . .
Published:3/28/2024 9:44:02 AM
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[Markets]
Consumer sentiment, pending home sales data top expectations
The University of Michigan's Consumer Sentiment Index beat March expectations with a reading of 79.4, surpassing predictions of 76.5. This figure marks the highest level since July 2021, indicating a resurgence in consumer confidence. Additionally, pending home sales data released Thursday morning beat February estimates with a 1.6% month-over-month increase versus the 1.5% expected. The rise in pending home sales is attributed to more individuals entering the workforce and increased inventory levels in the housing market. Yahoo Finance's Seana Smith and Madison Mills break down the details, analyzing how markets (^DJI, ^IXIC, ^GSPC, ^RUT) are digesting these numbers. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. Editor's note: This article was written by Angel Smith
Published:3/28/2024 9:44:02 AM
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[Markets]
How Holy Thursday and Good Friday affect stock- and bond-trading hours this week
Published:3/28/2024 9:44:02 AM
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[Lifestyle]
An Adventurer’s Paradise: Everything to Know About New Zealand’s Stewart Island
Those that brave the trek across an oft-choppy southerly passage are rewarded with a heaping portion of untouched natural grandeur, even by New Zealand’s outsized standards.
Published:3/28/2024 9:44:02 AM
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[81b997e4-ec1e-5132-81a2-86eb1fac0cd8]
Beyoncé's 'Cowboy Carter' track list revealed ahead of album
Beyoncé teased her upcoming album "Act II: Cowboy Carter" by sharing its track list on Wednesday. The album features songs like "American Requiem" and "Blackbird."
Published:3/28/2024 9:37:12 AM
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[Markets]
Baltimore bridge: Supply chain is a 'complex animal,' but 'bigger picture' looks okay
As investors grapple with rate cut uncertainty, they are eager to assess how it will impact the current market dynamics. NewEdge Wealth Senior Portfolio Manager Ben Emons joins Yahoo Finance Live to discuss market outlooks. Emons notes that GDP data has shown strengths "across the board." He highlights the importance of government spending, stating that as long as it remains steady and "doesn't change," it gives him confidence in the economy — suggesting that the market rally has the potential to "broaden." Regarding the Baltimore Key Bridge tragedy, Emons believes its effect on the supply chain will be "offset" by other ports of entry. He acknowledges that the supply chain has always been a "complex animal," saying investors cannot truly predict "the exact chain of effects that will take place from here" or how it will affect markets until the situation fully unfolds. However, he notes that the market is currently "watching and waiting." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. Editor's note: This article was written by Angel Smith
Published:3/28/2024 9:37:12 AM
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[Markets]
US STOCKS-Wall St ticks up ahead of Easter break, eyes sharp Q1 gains
Wall Street edged higher on Thursday in thin trading ahead of Easter break, while investors awaited data to gauge the Federal Reserve's policy path on the last business day of a strong first quarter. The three main U.S. indexes were set for robust quarterly gains, as an AI-fueled rally and optimism around the Fed's rate cuts helped lift Wall Street to record highs this month. "The stock market performed extremely well during the first quarter of 2024, and as long as earnings remain strong, the market can continue to move higher," said Jeremy Straub, CEO and chief investment officer at Coastal Wealth.
Published:3/28/2024 9:30:15 AM
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[Markets]
U.S. consumer sentiment climbs to 2½-year high amid easing inflationary pressure
Published:3/28/2024 9:30:15 AM
|
[d8081601-23fa-5f0f-891f-482f35b642e3]
Ariana DeBose to host Tony Awards for third consecutive year, this time at new location
Ariana DeBose, known for her roles in theater, including an Oscar win for "West Side Story," will return as host for the Tony Awards, marking her third year.
Published:3/28/2024 9:23:06 AM
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[Markets]
Q1's top three takeaways: Mag 4, markets meet the Fed
The S&P 500 (^GSPC) is on track for the best first quarter performance of a fiscal year since 2019. Some of that is partly due to the AI-led rally that has been carrying much of the stock market, along with cooling inflation. However, there have been some changes in trends that investors should keep an eye on. Yahoo Finance Head of News Myles Udland joins The Morning Brief to break down the top takeaways from the first quarter of 2024. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. Editor's note: This article was written by Nicholas Jacobino
Published:3/28/2024 9:23:06 AM
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[Markets]
Chicago business-activity index lower for fourth straight month
Published:3/28/2024 9:23:06 AM
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[Markets]
GameStop makes layoffs as video game retailer looks for profitability boost
GameStop Corp. has been cutting jobs, the video game retailer and original meme stock said this week.
Published:3/28/2024 9:23:06 AM
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[World]
Consumer sentiment climbs to 2 1/2-year high as inflation eases
Consumer sentiment index rises to 79.4 in March
Published:3/28/2024 9:23:06 AM
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[World]
Fans push to reunite magpie and dog ‘besties,’ separated by authorities
Queensland Premier Steven Miles appeared to back a push to reunite Peggy and Molly, who are popular on Instagram. They were separated due to a permit issue.
Published:3/28/2024 9:15:56 AM
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[World]
Biden to raise $25 million in `historic’ fundraiser with Obama, Clinton
The record event comes as Biden has sought to present his financial edge over Trump as a broader sign of strength and momentum
Published:3/28/2024 9:08:59 AM
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[Markets]
‘We are blessed’: My mother, 72, gets $11,000 a month, not including income from retirement savings. Should she get long-term care insurance?
“She worked for 25-plus years as a county nurse and, as such, she has a healthcare plan and a great pension, both for life.”
Published:3/28/2024 9:02:12 AM
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[15922e7a-7985-50be-982b-a1b7d4ff559a]
GOP senator visits border, hails Abbott's success slowing migrant surge despite Biden admin opposition
Sen. Marsha Blackburn, R-Tenn., is offering her support for Texas Gov. Greg Abbott, who has fought with the Biden administration on his efforts to secure the border.
Published:3/28/2024 8:55:21 AM
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[Markets]
Chicago business-activity index weakens further in March
The Chicago Business Barometer, also known as the Chicago PMI, weakened further in March, dropping to 41.4 from 44 in the prior month. Economists polled by the Wall Street Journal forecast a 45 reading.
Published:3/28/2024 8:55:21 AM
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[World]
Wegovy will be covered by some insurers, but not for weight loss: report
Some large health insurers in the U.S. will start covering Wegovy, which has become a popular anti-obesity drug — but not for those using it to lose weight, according to a report in The Wall Street Journal.
Published:3/28/2024 8:55:21 AM
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[Uncategorized]
Chinese Cultural Revolution Scene in New Netflix Series is Disturbing Parallel of Cancel Culture, Campus Struggle Sessions
"a part of history that is not written about in fiction very much, let alone filmed"
The post Chinese Cultural Revolution Scene in New Netflix Series is Disturbing Parallel of Cancel Culture, Campus Struggle Sessions first appeared on Le·gal In·sur·rec·tion.
Published:3/28/2024 8:48:19 AM
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[World]
Yes, the pro-life movement could learn a thing or two from Planned Parenthood
The pro-life movement must go on the offensive, and it starts with parents taking an active role in the formation of their children - including and especially on sex and parenthood.
Published:3/28/2024 8:41:19 AM
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[Entertainment]
Cecily Strong Is Engaged: Hear the Proposal Worthy of SNL Skit
Live! From New York, Cecily Strong has a heartwarming announcement.
The Saturday Night Live alum shared she's engaged to her longtime partner—a man she's previously referred to as Jack and...
Published:3/28/2024 8:41:19 AM
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[Markets]
MarketWatch Live: S&P 500 sets sights on best first quarter of the decade
Published:3/28/2024 8:41:19 AM
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[World]
RBC bumps up its S&P 500 target again, but sees gains increasingly hard to come by
RBC Capital Markets’ head of U.S. equity strategy, Lori Calvasina, has increased her year-end forecast from 5,150 to 5,300 for the index.
Published:3/28/2024 8:41:19 AM
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[TPVG]
2 Big Fat Yields For Your Retirement Portfolio
Published:3/28/2024 8:34:33 AM
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[Markets]
Jobless claims fall slightly to 210,000, underscoring strong labor market
The number of Americans who applied for unemployment benefits last week fell slightly to 210,000 and continued to hover at very low levels in a sign of strength for the economy.
Published:3/28/2024 8:34:33 AM
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[Entertainment]
The 27 best things to do in D.C. this weekend and next week
Celebrate cherry blossoms with kites on the National Mall and fireworks at the Wharf. Hunt for Easter eggs or dance at a “Country Carter” release party.
Published:3/28/2024 8:34:33 AM
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[Markets]
Dow Jones Rises After Surprise GDP; Apple Slides On Downgrade
Stock Market Today: The Dow Jones rose Thursday after surprise GDP numbers. Apple stock dropped on a brokerage's downgrade.
Published:3/28/2024 8:34:33 AM
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[]
Mid-Morning Art Thread
Wild Weather Frederick J. Waugh...
Published:3/28/2024 8:34:33 AM
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[Markets]
AMC shares fall 13% as movie theater chain announces stock sale
Movie theater chain and original meme stock AMC wants to boost liquidity “in light of the low first quarter box office”
Published:3/28/2024 8:27:35 AM
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[2024 Election]
Trump to Join Wake Honoring Slain NYPD Officer as Biden Attends Fundraiser
Former President Donald Trump will join Thursday’s wake of a New York City police officer gunned down in the line of duty as the presumed Republican 2024 candidate makes crime in Democrat cities a focus of his third tilt at the White House.
The post Trump to Join Wake Honoring Slain NYPD Officer as Biden Attends Fundraiser appeared first on Breitbart.
Published:3/28/2024 8:13:48 AM
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[In The News]
Red State Lawmakers Pass Bill Banning Chinese Land Purchases Near Military Sites After DCNF Investigation
by Jake Smith at CDN -
The Kansas House of Representatives passed a bill Wednesday preventing foreign adversaries from buying up land near sensitive military sites following a Daily Caller News Foundation investigation. In an 84-39 vote, the Kansas House passed SB172, which prevents firms and entities linked to China and other countries identified as foreign …
Click to read the rest HERE-> Red State Lawmakers Pass Bill Banning Chinese Land Purchases Near Military Sites After DCNF Investigation first posted at Conservative Daily News
Published:3/28/2024 8:13:48 AM
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[Markets]
FInal Q4 2023 GDP Revision Comes In Red Hot 3.4%, Beating Estimates
FInal Q4 2023 GDP Revision Comes In Red Hot 3.4%, Beating Estimates
It's ancient history by now, but moments ago the Biden Bureau of Economic Goalseeking Analysis reported that in its third estimate of Q4 GDP, the US was estimated to have grown by 3.4% (3.440% to be precise), above the 3.2% reported last month and above the 3.2% estimate.
The increase in the fourth quarter primarily reflected increases in consumer spending and state and local government spending that were partly offset by a decrease in inventory investment. Imports, which are a subtraction in the calculation of GDP, increased.
The update from the second estimate reflected upward revisions to consumer spending, business investment, and state and local government spending that were partly offset by downward revisions to inventory investment and exports. Imports were revised down. Here is a more detailed analysis:
- Personal Consumption contributed 2.20% to the bottom line GDP of 3.4%, or two-thirds of the total, up from 2.00% in the previous estimate and up from 1.91% in the first calculation.
- Fixed Investment added another 0.67% to the bottom line, also a solid improvement to the 0.43% previous estimate
- The change in private inventories subtracted 0.47% from the bottom line print, a deterioration to the -0.27% first revision and far below the positive +0.07% contribution in the first estimate.
- Net exports were little changed at +0.25% (consisting of 0.55% exports less 0.3% imports) vs 0.32% in the first revision (0.69% exports less 0.37% imports).
- Finally, government consumption increased modestly to 0.79% of the bottom line, up from the 0.73% estimated previously.
Here the biggest contribution was personal spending, which increased even more than initially suspected, and reflected increases in both services and goods. Within services, the leading contributors were health care (both outpatient and hospital services), other services (led by professional and other services), as well as food services and accommodations. Within goods, the leading contributors to the increase were other nondurable goods (led by pharmaceutical products) as well as recreational goods and vehicles.
Here is a visual summary:
The BLS also provided a breakdown of GDP by industry, noting that the value added of private goods-producing industries increased 7.0%, private services-producing industries increased 2.6%, and government increased 3.1 percent. Overall, 18 of 22 industry groups contributed to the fourth-quarter increase in real GDP
- Within private goods-producing industries, the largest contributors to the increase were nondurable goods (led by petroleum and coal products and chemical products), durable goods manufacturing (led by machinery), and construction.
- Within private services-producing industries, the increase was led by retail trade (led by motor vehicle and parts dealers), health care and social assistance (led by ambulatory health care services), utilities, and professional, scientific, and technical services (led by computer systems design and related services).
- The increase in government reflected an increase in state and local government as well as federal government
Turning to prices, the Q4 2023 numbers are completely irrelevant especially with the latest Feb monthly PCE data out tomorrow (when markets are closed), but here goes anyway:
- GDP prices increased 1.9% in the fourth quarter after increasing 2.9% in the third quarter. Excluding food and energy, prices increased 2.1% after increasing 2.5 percent.
- PCE prices increased 1.8% in the fourth quarter after increasing 2.6% in the third quarter. Excluding food and energy, the all-important - if extremely delayed - PCE “core” price index increased 2.0%, the same increase as in the third quarter. The core PCE came in just below expectations of a 2.1% print.
Finally, looking at corporate profits, these increased 4.1% at a quarterly rate in the fourth quarter after increasing 3.4% in the third quarter. Corporate profits also increased 5.1% in the fourth quarter from one year ago. More details:
- Profits of domestic financial corporations increased 1.3 percent after increasing 2.0 percent.
- Profits of domestic nonfinancial corporations increased 5.9 percent after increasing 4.1 percent.
- Profits from the rest of the world (net) decreased 1.7 percent after increasing 1.7 percent.
Tyler Durden
Thu, 03/28/2024 - 09:05
Published:3/28/2024 8:13:48 AM
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[Markets]
Shares of cinema chain AMC slammed in premarket on stock-sale announcement
Published:3/28/2024 8:13:48 AM
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