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☆ A 1970s-style financial crisis will slam the economy if the Fed abandons its inflation target, former Treasury Secretary Larry Summers says
  + stars: | 2023-01-20 | by ( Jennifer Sor | ) www.businessinsider.com   time to read: +3 min
A 1970s-style financial crisis will hit the US economy if the Fed lets up in its inflation fight, according to Larry Summers. The former Treasury Secretary criticized recent calls to raise the inflation target from 2%. At a panel discussion at the World Economic Forum, Summers rebuked suggestions from some economists that the Fed should lift its inflation target from its long-standing 2% target to 3%-4%. Economist Mohamed El Erian is among those that have suggested the Fed may have to revise its inflation target to 3%-4%, though the Fed has reiterated its commitment to its original 2% goal. "It would be a grave error for central banks to revise their inflation target upwards at this point.
☆ Ivana Trump's will directs Eric Trump to sell all of her furs and donate the rest of her clothes to charity
  + stars: | 2023-01-18 | by ( Grace Eliza Goodwin | ) www.businessinsider.com   time to read: +3 min
Ivana Trump's will directed Eric Trump to sell all her furs and divy the proceeds among his siblings. Ivana Trump — a Czech-American former model, businesswoman, and ex-wife of Donald Trump — died in July 2022 at 73. Her longtime friend and furrier Dennis Basso spoke to the New York Times shortly after her death in July about Ivana's affection for furs. Basso told the New York Times he met Ivana at his debut fashion show in New York City in 1983. The execution of Ivana Trump's final wishes was finalized at the end of last year, according to probate records in Miami-Dade County, Florida, where she held her permanent residence.
☆ In her will, Ivana Trump left her former nanny a $1 million condo — and her Yorkshire terrier, Tiger Trump — and nothing to ex-husband Donald Trump
  + stars: | 2023-01-18 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com   time to read: +3 min
Ivana Trump's last will is now a matter of public record, following her death last July. She left a majority of her estate to her children: Donald Trump Jr., Ivanka, and Eric, records show. Ivana left her dog and a $1 million condo to her former nanny, and donated her clothing. Curry spoke at her funeral last July, alluding to Ivana Trump feeling isolated and in pain. Ivana Trump went on to marry twice more before her death at age 73.
☆ Video shows border agents, police arresting migrants sleeping outside church shelter in El Paso ahead of Biden's visit
  + stars: | 2023-01-07 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Julia-Ainsley-Circle-Byline-Template.Jpg | Julia Ainsley | ) www.nbcnews.com   time to read: +5 min
In the week before President Joe Biden’s trip to El Paso, Texas, Customs and Border Protection officers, as well as El Paso city police, began arresting migrants sleeping in the streets outside a Catholic church shelter and bus station, according to new footage obtained by NBC News. Immigration advocates say the proximity of the arrests to a church shelter may violate the Department of Homeland Security’s policies. Footage obtained by NBC News shows Customs and Border Protection officers as well as El Paso city police in the streets outside a Catholic church shelter and bus station. A Border Patrol official told NBC News those arrested had not been previously apprehended by Border Patrol when they crossed over from Juarez, Mexico. Biden is expected to tout the plan, which also opens up more pathways for legal migration, in his visit to El Paso on Sunday.
☆ Three prominent opponents of Tunisian president say they are under investigation
  + stars: | 2023-01-02 | by ( Tarek Amara | ) www.reuters.com   time to read: +1 min
TUNIS, Jan 2 (Reuters) - Three prominent opponents of Tunisian President Kais Saied said on Monday that they had received notices from prosecutors that they were under investigation, including one related to assaulting public security and insulting the president. Chebbi is the leader of the opposition Salvation Front and has organized regular protests against Saied for months. Saied seized control of executive powers in July 2021 and later dissolved parliament, a step described by his opponents as a coup. The powerful UGTT Union also criticized the president, saying that it rejects his autocratic approach and will not remain silent. Hammami said a judge opened an investigation at the request of the justice minister on charges of spreading rumors and insulting the president.
☆ Happy New Year! In 2023 kick out Trump, Elon Musk, Kanye and Depp
  + stars: | 2023-01-01 | by ( Lynn Stuart Parramore | Lynn Stuart Parramore Is A Cultural Historian Who Studies The Intersection Of Culture | Psychology | ) www.nbcnews.com   time to read: +9 min
Though in far different fields, men like Ye (formerly known as Kanye West), Elon Musk, Donald Trump, Johnny Depp and Sam Bankman-Fried will forever be linked by this ignominious characteristic. Over the past 12 interminable months, America has witnessed the rantings of Hitler-loving Ye; Musk’s edgelord trolling on his new plaything, Twitter; Depp and his toxic TikTok fanboys; and Trump being Trump on any given day. While seemingly not vain like Ye or Depp or openly thuggish like Trump and Musk, he nonetheless exhibits traits that point to something sinister behind the “just-a-regular-dude” persona. Trump seems to be losing ground, and Republicans on the House Judiciary Committee finally took down their “Kanye. Musk asked Twitter users whether he should step down as CEO, and they voted “yes.”Unfortunately, until we address roots causes, there will always be another blustering bully, another Trump, another Ye.
☆ A Green Beret recalls the Christmas Day mission that was almost his last
  + stars: | 2022-12-26 | by ( Stavros Atlamazoglou | ) www.businessinsider.com   time to read: +7 min
Recon Team ST Idaho was tasked with locating and destroying a fuel pipeline inside Laos. Just shy of a month earlier, on Thanksgiving Day, ST Idaho had barely survived a cross-border operation in Cambodia. ST Idaho debated if it was possible to lose the NVA and continue their mission but ultimately deiced against it. ST Idaho adjusted its path and continued its slow progress, throwing grenades at any noise they heard, nightmares of previous close-calls on their minds. Thick black smoke choked and blinded ST Idaho, but the SOG operators could see enemy troops advancing close behind the flames.
☆ Charles Dickens’s ‘A Christmas Carol’ Review: The Soul’s Rebirth
  + stars: | 2022-12-24 | by ( Brad Leithauser | ) www.wsj.com   time to read: +1 min
Charles Dickens’s “A Christmas Carol” is an evergreen delight for a host of reasons, not least for its length. The book’s events—which track the elderly, prosperous, stingy Ebenezer Scrooge’s psychic transformation from grouchy bear to purring pussycat—unfold in the course of one night. And, likewise, the book can, and should, be consumed in a single night, preferably Christmas Eve. In the book’s fictional world, Scrooge’s stunted soul is redeemed after serial visits from four ghosts, each conveying messages of fear and censure. If everything goes well, the evening’s two prime participants, Scrooge and you, wind up at the same juncture: releasing tears of joy.
☆ Two of the 'best' ways to donate to maximize your tax deduction for charitable gifts, according to financial advisors
  + stars: | 2022-12-23 | by ( Kate Dore | Cfp | ) www.cnbc.com   time to read: +1 min
Members of the Salvation Army play music during the lighting of the world's largest Red Kettle in the Times Square neighborhood of New York, U.S., on Tuesday, Dec. 1, 2020. This holiday season, it may be possible to lower your taxes while supporting your favorite charity, experts say. Despite the shaky economy, most Americans plan to donate similar amounts this year as they did last year, a recent Edward Jones study found. While tax breaks typically aren't the main reason for giving, experts say some donors may be missing out on the chance for a deduction. Here's what to know about the charitable deduction before opening your wallet, and two of the "best" ways to give, according to financial advisors.
☆ James Cameron says he'd want to make the next 'Terminator' movie about AI instead of 'bad robots gone crazy'
  + stars: | 2022-12-20 | by ( Travis Clark | ) www.businessinsider.com   time to read: +3 min
Filmmaker James Cameron said he's discussed a new "Terminator" movie but "nothing's been decided." He said he would want to focus it on artificial intelligence rather than "bad robots gone crazy." Cameron returned to the franchise for the first time since 1991's "Terminator 2: Judgement Day" with 2019's "Terminator: Dark Fate," which he produced and conceived the story for. In 2019, Cameron told Deadline that "Dark Fate" could be the beginning of a new "Terminator" trilogy if it performed well enough at the box office. "If we get fortunate enough to make some money with 'Dark Fate' we know exactly where we can go with the subsequent films."
☆ Tunisian opposition calls on president to quit after low turnout election
  + stars: | 2022-12-17 | by ( ) www.reuters.com   time to read: +1 min
[1/2] Tunisia's President Kais Saied speaks outside a polling station during parliamentary election in Tunis, Tunisia, December 17, 2022. Tunisian Presidency/Handout via REUTERSTUNIS, Dec 17 (Reuters) - Tunisia's "Salvation Front" opposition coalition called for President Kais Saied to quit office, saying he had lost his legitimacy after Saturday's parliamentary election had a preliminary turnout figure of less than 9%. Although opposition groups have previously attacked Saied's political programme, they had not previously said he should quit office. "From this moment we consider Saied an illegitimate president and demand he resign after this fiasco," he said. Saied has presented his political changes as necessary to save Tunisia from years of political and economic crisis.
☆ Putin’s War: The Inside Story of a Catastrophe
  + stars: | 2022-12-16 | by ( Michael Schwirtz | Anton Troianovski | Yousur Al-Hlou | ) www.nytimes.com   time to read: +93 min
Since the early days of the invasion, Mr. Putin has conceded, privately, that the war has not gone as planned. “I think he is sincerely willing” to compromise with Russia, Mr. Putin said of Mr. Zelensky in 2019. To join in Mr. Putin’s war, he has recruited prisoners, trashed the Russian military and competed with it for weapons. To join in Mr. Putin’s war, he has recruited prisoners, trashed the Russian military and competed with it for weapons. “I think this war is Putin’s grave.” Yevgeny Nuzhin, 55, a Russian prisoner of war held by Ukraine, in October.
☆ DeVante Parker: NFL says it is reviewing an apparent head injury incident during Monday's Patriots game
  + stars: | 2022-12-14 | by ( Kevin Dotson | ) edition.cnn.com   time to read: +27 min
CNN —The NFL and the NFL Players Association are looking into an incident in which an apparent head injury to New England Patriots wide receiver DeVante Parker seemingly went unnoticed by medical staff and spotters, league spokesman Brian McCarthy tells CNN. Jeff Dean/AP Los Angeles Chargers wide receiver Mike Williams catches a pass against Miami Dolphins cornerback Xavien Howard on December 11. Marcio Jose Sanchez/AP Minnesota wide receiver Justin Jefferson dives for a two-point conversion during the Vikings' 29-22 victory over the Chicago Bears. Gerald Herbert/AP Indianapolis Colts wide receiver Michael Pittman Jr. is tripped up by Denver Broncos cornerback K'Waun Williams. Gary A. Vasquez/USA Today Sports/Reuters New Orleans Saints wide receiver Michael Thomas makes a reception against Atlanta Falcons cornerback A.J.
☆ Will Smith takes over ‘Red Table Talk’ to discuss toughest role of his career
  + stars: | 2022-12-14 | by ( Lisa Respers France | ) edition.cnn.com   time to read: +2 min
Smith got emotional talking about his character in the film, recounting a scene in which Peter pauses to praise God in the midst of a harrowing journey through a swamp. Will Smith and Ben Foster in "Emancipation," premiering n Apple TV+. Quantrell Colbert/Apple TV+“It was one of the things that I wanted to be able to share with you all, the ideas that I learned from Peter,” Smith told his children. Smith talked about some of the “brutal” and “dehumanizing” moments of portraying the character and how the role affected him. Ben Foster plays Jim Fassel, who hunted Peter in the swamp, and praised Smith’s performance in a video sent for the “Red Table Talk” episode.
☆ Cardinals vs Patriots: Arizona's woes continue as Kyler Murray hurt in 27-13 loss to New England
  + stars: | 2022-12-13 | by ( Amy Woodyatt | ) edition.cnn.com   time to read: +27 min
Jeff Dean/AP Los Angeles Chargers wide receiver Mike Williams catches a pass against Miami Dolphins cornerback Xavien Howard on December 11. Gary McCullough/AP Green Bay Packers wide receiver Samori Toure is tackled by Detroit Lions safety Will Harris. Marcio Jose Sanchez/AP Minnesota wide receiver Justin Jefferson dives for a two-point conversion during the Vikings' 29-22 victory over the Chicago Bears. Gerald Herbert/AP Indianapolis Colts wide receiver Michael Pittman Jr. is tripped up by Denver Broncos cornerback K'Waun Williams. Gary A. Vasquez/USA Today Sports/Reuters New Orleans Saints wide receiver Michael Thomas makes a reception against Atlanta Falcons cornerback A.J.
☆ New Japan law targets Unification Church fundraising abuses
  + stars: | 2022-12-11 | by ( ) www.cnbc.com   time to read: +3 min
Hideyuki Teshigawara, general manager of reform promotion headquarters of the Japan branch of the Family Federation for World Peace and Unification, widely known as the Unification Church, bows at the beginning of a press conference in Tokyo on Sept. 22, 2022. Japan's parliament on Saturday enacted a law to restrict malicious donation solicitations by religious and other groups, which mainly targets the Unification Church, whose fundraising tactics and cozy ties with the governing party caused public outrage. A revised national security strategy, which is expected to be released later this month, would allow Japan to develop a preemptive strike capability and deploy long-range missiles. "Our ongoing project will involve a major change to our national security and finance policies," Kishida said. The suspect who fatally shot Abe at an outdoor campaign rally in July told police he targeted the former prime minister because of his links to the Unification Church.
☆ Upgrading your phone every few years has a huge environmental impact. Here's how to make your device last longer.
  + stars: | 2022-12-11 | by ( Rachel Ramirez | ) edition.cnn.com   time to read: +5 min
Do you really need a new phone, or do you simply have the urge to get the new, shiny tech? The climate footprint of an average refurbished phone from Swappie in 2021 was 78% less than an average new phone, the company reported. A broken or malfunctioning phone can often be fixed through easy repairs that could cost less than replacing it. Apple this year opened its self-service repair store, providing manuals and parts for consumers seeking do-it-yourself fixes for their iPhones. If your phone is completely broken and cannot be sold or donated, you can still recycle it properly.
☆ Henry Anderson: Carolina Panthers defensive end reveals he recently had stroke -- but wants to play on Sunday
  + stars: | 2022-12-08 | by ( Alasdair Howorth | ) edition.cnn.com   time to read: +26 min
Tony Gutierrez/AP Buffalo wide receiver Stefon Diggs digs into a turkey leg after the Bills defeated Detroit on Thanksgiving Day. Gary McCullough/AP Green Bay Packers wide receiver Samori Toure is tackled by Detroit Lions safety Will Harris. Norm Hall/Getty Images Buffalo Bills quarterback Josh Allen hurdles Kansas City Chiefs safety Justin Reid as he scrambles for a first down. Gerald Herbert/AP Indianapolis Colts wide receiver Michael Pittman Jr. is tripped up by Denver Broncos cornerback K'Waun Williams. Gary A. Vasquez/USA Today Sports/Reuters New Orleans Saints wide receiver Michael Thomas makes a reception against Atlanta Falcons cornerback A.J.
☆ Von Miller: Buffalo Bills defensive star is out for the season with torn ACL
  + stars: | 2022-12-08 | by ( Amy Woodyatt | ) edition.cnn.com   time to read: +25 min
Tony Gutierrez/AP Buffalo wide receiver Stefon Diggs digs into a turkey leg after the Bills defeated Detroit on Thanksgiving Day. Norm Hall/Getty Images Buffalo Bills quarterback Josh Allen hurdles Kansas City Chiefs safety Justin Reid as he scrambles for a first down. Marcio Jose Sanchez/AP Minnesota wide receiver Justin Jefferson dives for a two-point conversion during the Vikings' 29-22 victory over the Chicago Bears. Gerald Herbert/AP Indianapolis Colts wide receiver Michael Pittman Jr. is tripped up by Denver Broncos cornerback K'Waun Williams. Gary A. Vasquez/USA Today Sports/Reuters New Orleans Saints wide receiver Michael Thomas makes a reception against Atlanta Falcons cornerback A.J.
☆ 'Unveiled: Surviving La Luz Del Mundo' review: HBO shines a light on decades of alleged abuse within a mega-church
  + stars: | 2022-12-06 | by ( Brian Lowry | ) edition.cnn.com   time to read: +4 min
CNN —Spanning decades, “Unveiled: Surviving La Luz Del Mundo” is another #MeToo story, this time on a disturbingly epic scale, exploring alleged sexual abuse that occurred across generations in a Guadalajara, Mexico-based mega-church, and the victims that eventually rose up to speak out. Founded in 1926, La Luz Del Mundo (Spanish for “The Light of the World”) says it has branches around the world, carrying the word of God from a designated apostle chosen from the ranks of its guiding family. CNN has reached out to La Luz Del Mundo for comment. While HBO’s poster for “Unveiled” features the line, “Bringing the truth into the light,” time will tell whether that light turns out to be the best disinfectant. “Unveiled: Surviving La Luz Del Mundo” premieres December 6 at 9 p.m.
☆ Kanye West owes millions all over town for unpaid contract work and music samples, lawsuits allege
  + stars: | 2022-11-30 | by ( Jacob Shamsian | ) www.businessinsider.com   time to read: +9 min
He tried that earlier with his music and has been hit with copyright lawsuits related to sampling. And what followed was a thicket of lawsuits from people who alleged West failed to properly credit their songs when using samples for the album. Worse still, according to the lawsuit, West and his pals used "Life of the Party" to market the Stem Player. The company squandered months on the work, even relocating its headquarters to better closely work with West. In the end, the lawsuit alleged, West used a rip-off of MyChannel's e-commerce technology to sell his clothing at a concert.
☆ A mom of 3 quit her toxic job to be a reseller on Poshmark. She loves it but warns it's a '24/7' commitment.
  + stars: | 2022-11-27 | by ( Jacob Zinkula | ) www.businessinsider.com   time to read: +6 min
The 48-year-old New Yorker now works full time selling clothes, shoes, and bags exclusively through the reseller platform Poshmark. She say that she "loves" what she does and that the decision to leave her former employer "forever changed" her life. She says the work of shopping, sanitizing, photographing, listing, packaging, and shipping could make it feel like a "24/7 job." She does everything by herself and says she typically works at least 12-hour days, shipping items every day except Sunday. Finally, Murray says that while one doesn't necessarily have to quit their job to be successful on Poshmark, they do have to "go full time mentally."
☆ Crypto winter highlights gold’s warming qualities
  + stars: | 2022-11-25 | by ( Edward Chancellor | ) www.reuters.com   time to read: +7 min
That’s why crypto pioneers developed stablecoins, which peg their market price to old-fashioned fiat currencies. The FTX founder agreed that digital tokens were impossible to value since they generated no cash flow. In other words, the entire crypto world has the mechanics of a Ponzi scheme. In such a nightmare scenario, access to a decentralised, anonymised type of digital money could prove indispensable. In this world bitcoin serves as the lifeboat for civilisation, offering protection against both anarchy and the surveillance state.
☆ Breakingviews: Crypto winter highlights gold’s warming qualities
  + stars: | 2022-11-25 | by ( Edward Chancellor | ) www.reuters.com   time to read: +7 min
LONDON, Nov 25 (Reuters Breakingviews) - The crypto winter is bitterly cold. The FTX founder agreed that digital tokens were impossible to value since they generated no cash flow. In other words, the entire crypto world has the mechanics of a Ponzi scheme. In such a nightmare scenario, access to a decentralised, anonymised type of digital money could prove indispensable. In this world bitcoin serves as the lifeboat for civilisation, offering protection against both anarchy and the surveillance state.
☆ Jeff Bezos donates a total of $123 million to 40 groups fighting homelessness after vowing to give away majority of his wealth
  + stars: | 2022-11-24 | by ( Kate Duffy | ) www.businessinsider.com   time to read: +3 min
Jeff Bezos is giving away $123 million to an array of groups combatting homelessness in the US. MacKenzie Scott, his ex-wife, also supported housing groups by donating mansions worth $55 million. Inc.Other groups that were given grants included Homeless Alliance, Samish Indian Nation, and LA Family Housing, per the press release. "Honored to support these groups," Bezos wrote in the Instagram post. Like Bezos, Scott has also contributed to housing charities.
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