Finland leads the ranking of the world's happiest countries for the sixth year in a row, according to the 2023 World Happiness Report released on Monday.As Statista's Anna Fleck reports, while its score (7.80) is significantly ahead of all other countries, a sizeable…
By Alaina Trivax, WCI Columnist Recently, someone actually asked me, “When are you going to buy your doctor's mansion?” I was pretty taken aback by the inquiry. I thought asking about personal finances (and someone’s home-buying ability!) was like commenting about…
Via The Cradle,Saudi Arabia plans to reopen its consulate in the Syrian capital, Damascus, over a decade after it was closed at the onset of the US-led war on Syria in 2011, Middle East Monitor reported.The kingdom plans to reopen the consulate in…
We provide experimental evidence that core intertemporal choice anomalies — including extreme short-run impatience, structural estimates of present bias, hyperbolicity and transitivity violations — are driven by complexity rather than time or risk preferences. First, all anomalies also arise in structurally…
Overall, Portland bicycle traffic in 2022 dropped more than a third compared to 2019, to levels not seen since approximately 2005-2006 (Table 1). This is based on a comparison of people counted at the 184 locations that were counted in both 2022 and 2019.…
In Sweden, the central bank’s fight against inflation is crimping economic growth and has contributed to a 15 percent drop in home prices.When Madeleine Eiswohld decided to move in with her boyfriend last year, she never expected to find it so…
Authored by Chris Hedges via Consortium News/ScheerPost.com,Two decades ago, I sabotaged my career at The New York Times. It was a conscious choice. I had spent seven years in the Middle East, four of them as the Middle East Bureau Chief. I…
The producer, Abby Grossberg, said in a pair of lawsuits that the effort to place blame on her and Maria Bartiromo, the Fox Business host, was rooted in rampant misogyny and discrimination at the company.A Fox News producer who has worked…
North Korean state media has been touting new claims of mass enlistments amid "an atmosphere of war" and urgent defense preparedness in response to ongoing joint US-South Korea drills, which are the largest in five years.The state-run Korean Central News Agency (KCNA) initially…
Authored by Thomas McArdle via The Epoch Times,As the old saw goes, a banker is someone who lends you his umbrella when the sun is shining and then wants it back as soon as the first drops of rain fall.Hostility toward…
Move over Tesla: both Ford and GM are also trying to take a page out of the 'price cut' playbook that the EV manufacturer has been (successfully) running in China over the last couple months. The move is coming after lifting pandemic…
News launching of a token called "LLAMA" without employee approval or support. In response, the parent company of DefiLlama accused “0xngmi and a few team members” to have “gone rogue” by looking to seize DefiLlama’s intellectual property while “inaccurately claiming the rightful…
Authored by Petr Svab via The Epoch Times (emphasis ours),Ordinary Americans can expect their wealth to get repeatedly chipped away as the monetary system degrades and requires progressively more intervention by authorities to perpetuate itself, according to an influential author and…
Surprisingly, out of the 10 most expensive states to retire in the United States, California is conspicuously absent from the list. That is according to a new WalletHub piece that dove into the most affordable places for U.S. citizens to settle down…
The decision by Fox News executives in November 2020 to treat the more hard-right Newsmax as a mortal threat spawned a possibly more serious danger.Since 2002, when Fox News first overtook CNN as the most-watched cable news channel, one thing has…
It seems like it was a lifetime ago when, frazzled with the market's rangebound trade, Wall Street's biggest bears were coming up with fictitious narratives seeing bogeymen anywhere and everywhere, if it meant convincing their clients to sell. A distant one…
News $196 million flash loan attack last week, with private discussions now initiated with the exploiter. In an on-chain message to Euler on March 20, days after sending funds to a red-flagged North Korean address, the exploiter claimed they now want to…
Consider the following graph of unrealized losses on securities held by reporting banks (from Rupkey/Financial Markets This Week): Source: Rupkey, “Financial Markets This Week,” March 20, 2023. This made me wonder what would make these unrealized losses go to zero? Obviously…
Non-crypto related deposits held by former Signature Bank (now Signature Bridge Bank) will be assumed by Flagstar Bank, N.A., a subsidiary of New York Community Bancorp, as of Monday, according to the FDIC. Custodia Bank founder and CEO Caitlin Long reacted.…
Authored by Ovidiu Tanjala via The Mises Institute,Ludwig von Mises wrote Socialism: An Economic and Sociological Analysis, a small book published in 1922, which demonstrated that economic calculation in a socialist commonwealth is impossible. Of course, Mises assumed that the purpose of an economy,…
After repeated laments by the likes of Bill Ackman, who most recently said that "I continue to believe that the best course of action is a temporary @FDICgov deposit guarantee until an updated insurance regime is introduced" (and who just flip-flopped…
After FTX imploded, and as fear among market participants mounted about a full-blown insolvency crisis in crypto, lenders raced to recall outstanding loans to mitigate potential losses. With a significant chunk of funds locked up on FTX, Auros faced a sudden…
Having earlier issued his first veto since taking office, rejecting a bill that would have reversed a Labor Department rule on ESG investing, President Biden signed a bipartisan bill late on Monday that directs the federal government to declassify as much…
Authored by Allan Stein via The Epoch Times (emphasis ours),Declining cattle production and drought contributed to a sizable drop in beef supplies last year, the lowest in nearly a decade, according to the U.S. Department of Agriculture (USDA).A view of cattle…
Pretty unique, in terms of size, and the combination of uninsured deposits and held-to-maturity securities. From the Economist:
The construction industry has the potential to slash the embodied emissions contained in new building projects in half, but only if the sector embraces sweeping reforms that can drastically improve resource efficiency, encourage the use of more sustainable materials, and establish…
"Drastic action" is required to increase the dwindling stock of UK woodlands to help tackle the climate and nature crisis, as well provide increasingly anxious younger generations with access to green spaces which can improve their mental health. That is the…
Travelling by bus could soon become much easier, cheaper, and cleaner, after the government today launched a series of initiatives to improve bus services across the UK and drive investment in new zero emission fleets. Roads Minister Richard Holden today announced…
Sustainability-led investment manager Foresight has announced it has invested in London-based vertical farming company Harvest London in support of plans to deliver a new 140,000 square foot farming project in South London. Foresight said its investment, which was for an undisclosed…
There's a local high street in my corner of North London called Queen's Crescent. A few months ago the unremarkable row of hairdressers, convenience stores and fast food spots welcomed a new arrival: a...
Beavers could soon be returning to London waterways after a project proposing their re-introduction to an area in West London was selected for a grant from the Rewild London Fund. The restoration project is one of 22 separate re-wilding initiatives to be…
Saudi-backed LIV Golf "stripped" broadcast workers of healthcare and other benefits by shifting to a non-union production company and circumventing the need to provide employee benefits. The move is an ominous sign the second season of the golf league, stacked with…
Candida auris, a drug-resistant fungus that health officials hoped to contain is now in more than half the 50 states, according to a new research paper.A deadly fungus that is considered an urgent public health threat by the Centers for Disease…
Ether, the second largest cryptocurrency in market capitalization, was recently changing hands at about $1,731, down 3% from Sunday, same time. Other cryptos among the top 25 by market value were largely in the red, with APT, the token of layer…
Authored by Rita Huang, Danny Tang and Nathan Amery via The Epoch Times,The Hong Kong Consumer Council tested the cyber security of ten home surveillance cameras on the market and found that only one model complied with the European cyber security…
After days of repeat smaller missile tests aimed at sending a message to Washington amid joint US-South Korea military drills, which are the largest in years, North Korea on Monday said it launched a ballistic missile over the weekend as part…
News BTC) posted its all-time high in November 2021.A March 20 update of the Index showed a score of 68, placing it firmly within the "Greed" territory.The Index's score of 66 as shown on March 20. Source: alternative.meThe Crypto Fear and…
Goldman Sachs raised the probability of recession from 25% to 35% in light of the SVB related turmoil (although their guess is still lower than the consensus). This prompted me to wonder what was the net effect of the turmoil and…
Authored by Matt McGregor via The Epoch Times (emphasis ours),For her efforts to report injuries to the Vaccine Adverse Events Reporting System (VAERS) and to educate others in her hospital system on doing the same, Physician Assistant Deborah Conrad said she…
News USDC) stablecoin by converting the digital currency into fiat and settling on Mastercard’s network. The card will be accessible through the Stables digital application via mobile wallets.Source: StablesAccording to Mastercard Australasia’s head of fintech, Kallan Hogan, the company’s collaboration with…
On Monday US Secretary of State Antony Blinken once again emphasized that the Biden administration remains ready to support Ukraine "for as long as it takes."He also unveiled the latest defense aid package - at $350 million including more missiles and air…
Authored by Allan Stein via The Epoch Times (emphasis ours),Even on a good day, Linda Garinger of Ramona, California, thinks about dying.Linda Garinger (L), who has end-stage kidney disease, and her daughter Emily Lewis read the letter from a hospital denying…
“The decision whether to continue with Polygon versus moving to Solana sparked a spirited debate between the pros and cons of each, with support for Solana's runtime, developer community, low transaction fees, and speed contrasting Polygon's centralization, reorg tendency, and user…
The nation, having weathered negotiations with Japan, India and China, hopes the emergency funds from the International Monetary Fund will see it through its debt crisis.The executive board of the International Monetary Fund approved a loan worth $3 billion to help…
News announced on March 20 that it had added support for assets, including nonfungible tokens (NFTs) and soulbound tokens (SBTs), to its protocol. The MantaPay protocol, which initially supported only fungible crypto assets, promises to now allow for privacy-preservation support for NFTs…
I never thought I would be a part of the fastest bank run in history. On a late Thursday evening earlier this month, I received a text message saying that Silicon Valley Bank – our company’s bank – was on the…
A chapter in the new Economic Report of the President focuses on the growing risks to people and businesses from rising temperatures, and the government’s role in adapting to them.WASHINGTON — The Biden administration warned on Monday that a warming planet…
Recently, I temporarily went broke because I improperly managed my private investment capital calls. Because this happened, I thought I’d discuss some straightforward solutions to ensure you always have liquidity. If you are a new private fund investor or plan to…
The next major line of defense is proper code auditing. This can’t merely be internal auditing done by the developers themselves. Instead, third-party services need to be employed that publish complete and transparent reports on any and all issues found within…