Concerns on Inflation and Rates
JPMorgan Chase CEO Jamie Dimon has expressed concerns about the escalating battle against inflation, suggesting that it may worsen before improving. In an interview with the Times of India, Dimon…
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A history of government shutdowns
Do you think the video is old? Think again and prepare accordingly. A government shutdown due to disagreements over bills that include spending is the ultimate expression of the REAL…
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Apple’s Ambitious Production Expansion in India
Apple is looking to significantly increase its manufacturing output in India, with plans to reach a production value of approximately $40 billion over the course of the next 4-5 years,…
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Government shutdown countdown: Reps are holding the line for now…
On October 1st, federal government runs out of money for nonessential spending. Republican members of the Congress are being “nudged” to seek a compromise e.g. a temporary, “stopgap” bill including…
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FTX is a rare case of successful whistleblowing
It’s not easy to speak out against your own company, let alone about relatively technical issues such as co-mingling. In the lead-up to the eventual collapse of cryptocurrency exchange FTX,…
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Big pharmacy chain is permanently closing at least 500 stores
Swallowing the downgrade pill is not easy for Rite Aid but it’s necessary if you are… well, insolvent. The prominent pharmacy chain Rite Aid is currently in discussions regarding the…
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China shows again the smart road to serfdom
Non-tangible but not decentralized, smart contract technology but Bank of China strict regulations: this is China’s digital currency, the perfect means to perfecting its social credit system. Western governments, especially…
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UAW escalates strike but with an exception
GM and Stellantis are to be pressured while Ford is to be left alone as they seem “serious about reaching a deal”. On Friday, September 22nd, UAW President Shawn Fain…
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Oil Production Cuts Unveiled
Saudi Arabia and Russia have decided to extend their oil production cuts, a move initially thought to be aimed at boosting oil prices. The decision to prolong these cuts was…
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A grim reminder of what happened 100 years ago: The great depression, (over)simplified
Watch the video to be depressed. But hey, there is still hope: Biden is not Roosevelt… At the start of 1929, the end of the Roaring Twenties, the economy in…
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