The Fed Wants You to Lose Money in Stocks and Probably Crypto, Too

The Fed Wants You to Lose Money in Stocks and Probably Crypto, Too

The U.S. Federal Reserve’s campaign against inflation might not be finished until you’ve lost money on bitcoin (BTC). The reason why goes back to the basics of central banking. The Fed does what it does with monetary policy (these days, raising interest rates) and that filters through the economy by impacting, among other things, how much key assets cost – “financial conditions,” in central bank jargon. For most of this year, Fed policy makers have been sanguine toward markets like… Source link

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The beta version of dzen.ru, the portal where VK placed the services purchased from Yandex, was launched

The beta version of dzen.ru, the portal where VK placed the services purchased from Yandex, was launched

Yandex.News and Yandex.Zen were founded in the form of a beta version. Once the transaction is finally finished, they will be located on the dzen.ru portal, to which users will also be redirected to yandex.ru, and the Yandex search engine will be located on ya.ru. The dzen.ru portal began working in test mode, the RBC resource reported, citing the VK press service. Yandex and VK are working on technical problems before closing the deal. The dzen.ru portal is available in beta and… Source link

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UDR to Participate in Bank of America Securities 2022 Global Real Estate Conference

UDR to Participate in Bank of America Securities 2022 Global Real Estate Conference

DENVER, September 06, 2022–(BUSINESS WIRE)–UDR, Inc. (the “Company”) (NYSE: UDR), a leading multifamily real estate investment trust, announced today that the Company will participate in the Bank of America Securities 2022 Global Real Estate Conference being held at the Conrad New York Downtown on September 13-14, 2022. The UDR Executive Team will host a roundtable discussion on Tuesday, September 13, 2022, at 12:40 p.m. Eastern Time. The Company’s roundtable discussion will be made… Source link

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Why Google says AIs shouldn’t be issued patents- POLITICO

Why Google says AIs shouldn’t be issued patents- POLITICO

With help from Derek Robertson Google’s campus in Mountain View, Calif. | AP Artificial intelligences are not people, my friends — at least, not where patent law is concerned. And Google wants to keep it that way. Last month a federal appeals court found an AI cannot be labeled an “inventor” under U.S. patent law, ruling against Stephen Thaler, who runs a company called Imagination Engines, and in favor of the US Patent and Trademark Office. Thaler claims the… Source link

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Tom Brady’s 23rd NFL campaign may be his most mysterious after a bizarre offseason

Tom Brady’s 23rd NFL campaign may be his most mysterious after a bizarre offseason

Tom Brady’s professional life, officially, at least, is expected to go on as we’ve grown accustomed — he’ll suit up for his 23rd NFL season Sunday when his Tampa Bay Bucs visit the Dallas Cowboys. Tom Brady’s personal life, officially, at least, is mostly a mystery. There were some tangible developments this offseason, including retirement and unretirement, the skipping of spring work, the starring role in a Miami tampering scandal and the 11-day training camp (excused) absence …… Source link

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California Justices Question Yahoo Insurer’s Coverage Denial (1)

California Justices Question Yahoo Insurer’s Coverage Denial (1)

California Supreme Court justices on Tuesday questioned an insurance company’s rationale for denying coverage to Yahoo! Inc., as the company fends off class actions arising from alleged Telephone Consumer Protection Act violations. National Union Fire Insurance Co. of Pittsburgh, Pa., declined coverage, concluding the legacy internet company’s policies didn’t cover allegations it had sent unsolicited spam text messages, even though the parties had negotiated separate coverage for… Source link

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California Justices Question Yahoo! Insurer’s Denial of Coverage

California Justices Question Yahoo! Insurer’s Denial of Coverage

California Supreme Court justices on Tuesday questioned an insurance company’s rationale for denying coverage to Yahoo! Inc., as the company fends of class actions arising from alleged Telephone Consumer Protection Act violations. National Union Fire Insurance Co. of Pittsburgh, Pa., declined coverage, concluding the legacy internet company’s policies didn’t cover allegations it had sent unsolicited spam text messages, even though the parties had negotiated separate coverage for… Source link

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California Justices Question Yahoo Insurer’s Coverage Denial (1)

California Justices Question Yahoo Insurer’s Coverage Denial (1)

California Supreme Court justices on Tuesday questioned an insurance company’s rationale for denying coverage to Yahoo! Inc., as the company fends off class actions arising from alleged Telephone Consumer Protection Act violations. National Union Fire Insurance Co. of Pittsburgh, Pa., declined coverage, concluding the legacy internet company’s policies didn’t cover allegations it had sent unsolicited spam text messages, even though the parties had negotiated separate coverage for… Source link

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The stock market has been in free fall since the Fed said ‘pain was coming.’ Morgan Stanley says buckle up for another drop

The stock market has been in free fall since the Fed said ‘pain was coming.’ Morgan Stanley says buckle up for another drop

“Fire and ice” isn’t just a show about dragons and zombies on HBO. It’s been Michael J. Wilson’s vision of the stock market throughout 2022. Wilson, the chief investment officer at Morgan Stanley, has argued that stocks are fighting a toxic combination of economic headwinds—which he calls “fire” and “ice”—that are set to keep equity prices subdued until late 2023. The stock market’s summer rally was cut short last month as investors digested a reaffirmation of the… Source link

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