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“# Human Rights Foundation to grant 425M satoshis as part of its Bitcoin Development Fund ” The Human Rights Foundation announced on Tuesday that it intends to distribute 425 million satoshis — the smallest divisible unit of a Bitcoin — to various contributors as a part of its ongoing Bitcoin Development Fund. Launched in May…
“# President Biden is considering economists to fill Fed seats as leadership nominations move to Senate: Report ” The White House is reportedly considering an Obama-era economic adviser and former Fed economist to fill the empty seats on the board of governors of the Federal Reserve System in 2022. According to a Wednesday report from…
“#Democrats are the ‘Karens’ and other commentary” Libertarian: Democrats Are the Party of ‘Karens’ “As President Biden’s approval ratings have tanked with nonwhite voters, the Democratic Party increasingly has become dominated by liberal white women who virtue-signal with suburban lawn signs and then henpeck people in supermarkets to pull their face masks up over their…
“#Gold prices hit one-month high on inflation worries” Gold scaled a one-month high on Tuesday as recent signs of rising inflation underpinned demand, although the metal gave up some early gains due to a firming US dollar. Spot gold was up 0.1% at $1,812.30 per ounce in late morning trading, after hitting its highest since…
“#US jobless claims unchanged at 205,000 amid fears Omicron could trigger layoffs” The number of Americans applying for unemployment benefits was unchanged last week, remaining at a historically low level that reflects the job market’s strong recovery from the coronavirus recession last year. Jobless claims remained at 205,000. The four-week average, which smooths out week-to-week…
“#Inflation hits highest level in 39 years as consumer prices jump” The inflation rate is running at its hottest pace in nearly four decades, as widespread supply disruptions, high consumer demand and worker shortages fuel a surge in prices. Consumer prices soared by 5.7 percent in the year through November, according to the Personal Consumption…
“#Five charts that will define Canadian real estate and housing in 2022” For Maclean’s eighth annual chartstravaganza, we’ve once again asked dozens of economists and analysts to ponder the year to come, and choose one chart that will help shape Canada’s economy in 2022 and beyond, and explain this outlook in their own words. This year, we’ve…
“#Putin’s excellent Ukraine crisis and other commentary” Foreign desk: Vlad’s Excellent Ukraine Crisis “Vladimir Putin is having a good crisis in Ukraine,” Walter Russell Mead notes at The Wall Street Journal. “Ukraine is popular issue in Russia,” and the standoff “is making Russia feel great again,” as many are “nostalgic for the old days of…
“#Liberals and media vs. will of the people” Sen. Joe Manchin was burned in effigy by progressive Democrats and pundits after he announced on Sunday that he would not support President Biden’s Build Back Better bill. Some members of Congress sounded like this was the gravest assault on federal authority since Fort Sumter was fired…
“#How COVID shook up the labor market” Ali Caravella’s last day of work as a human-resources executive was on July 31, 2020, when she resigned from a job she had once cherished. She closed her laptop in her home office in Connecticut at 4 p.m., having replied to every e-mail in her inbox, and was…