Federal Reserve Chairman Jerome Powell.Andrew Harnik | Getty ImagesFederal Reserve chair Jerome Powell on Friday gave the clearest indication yet that the central bank is likely to start cutting interest rates, which are currently at their highest level in two decades.If a rate cut comes in September, as experts expect, it would be the first time officials have trimmed rates in over four years, when they slashed them to near zero at the beginning of the Covid-19 pandemic. Investors may be wondering what to do at the precipice of this policy shift.Those who are already well diversified likely don’t need…
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In January, eight months ago, Nikki Haley said, ‘The first party to retire its 80-year-old candidate is going to be the one who wins this election.’ Nikki Haley may be right. The Democratic National Convention that took place at the United Center in Chicago the week of August 19th demonstrated something no one may have seen coming. Why? The announcement on July 21st that Joe Biden was stepping out of the presidential race and Kamala Harris was stepping in unleashed a hurricane. A hurricane of emotion. As Michelle Obama said in her convention speech on Tuesday night August 20th: “Something wonderfully magical is…
Nicole Avant spent much of her childhood summers in holiday enclaves like Oak Bluffs in Martha’s Vineyard and Sag Harbor in Long Island, vacation havens created by the Black middle-class elites as they were often denied entry elsewhere. “My parents took me there, and it was great for me growing up to see Black doctors, Black lawyers, Black professionals, Black people who own their businesses,” the producer, author and former U.S. ambassador to the Bahamas recalled of her parents Clarence Avant, the late legendary musical executive known as The Black Godfather, and her mother, philanthropist Jacqueline Avant. “And it made…
Mavis Staples and Wilco leader Jeff Tweedy appeared on The Late Show With Stephen Colbert Thursday night. Together, they performed a rousing version of “Freedom Highway.” The song was originally recorded in 1965 by the Staple Singers, appearing on their album of the same name. Staples, Tweedy, and a full band played the song to a live audience at Chicago’s Auditorium Theatre, where Stephen Colbert has been hosting his show all week in conjunction with the 2024 Democratic National Convention. Check out the performance of “Freedom Highway” below.While introducing Staples and Tweedy, Colbert noted that “Freedom Highway” was recorded over…
As the 2024 U.S. elections reach their home stretch, crypto companies are opening their wallets to try and influence the results.Nearly half of all the corporate money flowing into the election has come from the crypto industry, according to a report this week from the nonprofit watchdog group Public Citizen. The sum, approximately $119 million, was raised from a mix of contributors, with Coinbase and Ripple accounting for more than 80% of the donations.Most of the money is going to super PACs that are backing pro-crypto candidates running for office this year. The industry has faced heightened scrutiny during the…
Kelly is a former librarian and a long-time blogger at STACKED. She’s the editor/author of (DON’T) CALL ME CRAZY: 33 VOICES START THE CONVERSATION ABOUT MENTAL HEALTH and the editor/author of HERE WE ARE: FEMINISM FOR THE REAL WORLD. Her next book, BODY TALK, will publish in Fall 2020. Follow her on Instagram @heykellyjensen. View All posts by Kelly Jensen This week, a short and sweet call to action for book lovers and advocates of the rights of all to access materials, public education, and public libraries. Make sure you’re registered to vote. Several states have been purging their voter…
When you’re out with the boys playing basketball or hitting the gym, you know your B.O. will reek after all that sweat. Sometimes, deodorants aren’t enough to get the job done, and there are rarely any fragrances that are strong enough to mask the smell. Only a fellow athlete will truly understand the kind of perfume it takes to always smell good and feel great throughout the day, and that is where the best CR7 colognes come into play. This brand is all about passion and the winning mindset, created by one of the best soccer players in the world…
Federal Reserve Chair Jerome Powell laid the groundwork Friday for interest rate cuts ahead, though he declined to provide exact indications on timing or extent.”The time has come for policy to adjust,” the central bank leader said in his much-awaited keynote address at the Fed’s annual retreat in Jackson Hole, Wyoming. “The direction of travel is clear, and the timing and pace of rate cuts will depend on incoming data, the evolving outlook, and the balance of risks.”Watch live: Fed Chair Jerome Powell speaks from Jackson Hole conferenceWith markets awaiting direction on where monetary policy is headed, Powell focused as…
A banner advertises the Ford Mustang Mach-E electric vehicle at a Ford dealership on August 21, 2024 in Glendale, California. Mario Tama | Getty ImagesDETROIT – Ford Motor’s profit engine for decades has been large trucks and SUVs in the U.S. So it might surprise investors that the automaker believes its new path to profitability for electric vehicles will first be led by smaller, more affordable vehicles.The new plan is an “insurance policy” for the automaker to be able to expand its growingly popular hybrid models and create more affordable EVs that it believes will deliver a more capital-efficient, profitable electric…
Shewanella oneidensis bacteria could remove antibiotic resistance genes from wastewaterElla Maru Studio/Science Photo Library Bacteria engineered to destroy DNA can remove more than 99 per cent of genes that confer antibiotic resistance from wastewater. Treating wastewater with this method could help slow the spread of antibiotic resistance. Disease-causing bacteria can absorb resistance genes that damaged or dead bacteria have released into the environment. This makes wastewater one of the largest environmental reservoirs for antibiotic resistance genes, says James Tiedje at Michigan State University. Affected microbes can spread to people through water, food or livestock. Read the original article here
Dance Moms: A New Era, the reboot of the hit reality show, premiered on August 7 and is already causing controversy after what fans are calling a “disturbing” dance routine featured on a recent episode. An episode of the new season, which is streaming on Hulu, includes a scene where 11-year-old dancer Ashlan is assigned a routine that would see her mimicking JonBenet Ramsey, the six-year-old child beauty pageant princess who was found strangled at her home in Boulder, Colorado, in 1996. “I want you to research JonBenet; I want you to know all about her,” head instructor Gloria Hampton…
Apple Smart Ring has been in the rumours for quite sometime, and a new patent application has shed more light on the kind of device the Cupertino-based tech giant has in mind. As per the application, the smart ring might not be focused only on health features but may also offer a new way to control other Apple devices including the iPhone, iPad, Mac devices, and more. Notably, a similar patent application from the company was spotted last year which went into the technical workings of it. The new one focuses on sensors and how it might be used.Apple Smart…
Vice President Kamala Harris said Republican presidential nominee Donald Trump “wants to be an autocrat,” as she accepted the Democratic presidential nomination in Chicago on Thursday night.”I will not cozy up to tyrants and dictators like Kim Jong-Un, who are rooting for Trump,” said Harris.”Because they know he is easy to manipulate with flattery and favors,” the vice president said.”They know Trump won’t hold autocrats accountable — because he wants to be an autocrat,” Harris said of her Republican opponent.”As President, I will never waver in defense of America’s security and ideals.”Shortly after Harris delivered these lines, Trump replied to her…
Customers take out food from a Cava restaurant in Chicago, Illinois, on May 28, 2024.Scott Olson | Getty ImagesCheck out the companies making headlines after the bell: Cava Group — The fast-casual restaurant brand saw shares climb nearly 6% in after-hours trading following a better-than-expected earnings report. Cava posted a profit of 17 cents per share, or 4 cents above the LSEG estimate. Its revenue also came in above expectations.Uber — Shares of the ride-sharing platform fell about 3% after the company and General Motors’ Cruise announced a multiyear partnership. The embattled autonomous vehicle company plans to offer driverless rides to…
Bill Skarsgård in ‘The Crow.’ Photo Credit: Larry Horricks for Lionsgate. Copyright: © 2022 Yellow Flower LLC.Opening in theaters August 23 is ‘The Crow,’ directed by Rupert Sanders and starring Bill Skarsgård, FKA Twigs, Danny Huston, Josette Simon, Laura Birn, Sami Bouajila, and Jordan Bolger.Related Article: ‘The Crow’: First Images of Bill Skarsgård and FKA Twigs in the RemakeInitial ThoughtsHere’s a little secret: this writer has never been a huge fan of the original 1994 movie ‘The Crow.’ At the time, it seemed dreary, gratuitous, and largely a case of style over substance, with simplistic characters and a reactionary, nihilistic narrative.…
An Australian girl who was stabbed in Leicester Square earlier this month has been granted her wish to watch Taylor Swift perform at Wembley Stadium – find out more below. READ MORE: Taylor Swift live in Edinburgh: The ‘Eras Tour’ finally hits the UK On August 12, 11-year-old Laila Johnson became the victim of a stabbing while visiting Leicester Square with her mother. The pair were reportedly “approached” by 32-year-old Ioan Pintaru, when he grabbed the child and proceeded to stab her eight times around face, shoulder, wrist and neck area in what has been described as a “random attack”. Pintaru…
Rep. Adam Kinzinger (R-IL) speaks after the Republican House caucus voted to remove Rep. Liz Cheney (R-WY) of her leadership, at the U.S. Capitol on on May 12, 2021 in Washington, DC.Kevin Dietsch | Getty ImagesFormer Republican Rep. Adam Kinzinger in his Democratic National Convention speech that “Donald Trump has suffocated the soul of the Republican Party,” endorsing Democrat Kamala Harris for president.”His fundamental weakness has coursed through my party like an illness, sapping our strength, softening our spine, whipping us into a fever that has untethered us from our values,” he said.Kinzinger, who represented Illinois in Congress from 2011…
The Picture Of Dorian Gray by Oscar Wilde is getting a modern adaptation in The Grays, which is being developed by Netflix. The show is executively produced by Greg Berlanti’s production company, as well as Rina Mimoun (the showrunner), Lee Toland Krieger (the director), Katie Rose Rogers (the writer), Sarah Schechter, and Leigh London Redman. Like the book, it will explore themes surrounding everlasting youth, this time with the beauty industry looming in the background. The show will also have the gothic novel’s Basil and Dorian characters, but this time they will be siblings ( the novel’s Dorian is the…