Author: kumbhorg

The US Senate has postponed its planned floor vote on the CLARITY Act until September, pushing the digital asset market structure proposal beyond the August recess. Senate Majority Leader John Thune confirmed the delay after Democratic lawmakers withheld procedural support, moving consideration of the crypto legislation further down the calendar. The legislation, H.R. 3633, would establish a federal market structure for digital assets and divide oversight responsibilities between the SEC and the CFTC. It also includes provisions covering stablecoin rewards, anti-money-laundering controls, decentralized finance and tokenized securities. This delay has caused a modest drop across the crypto markets, with the…

Four quiet sessions of Hormuz headlines gave way to a payrolls shock that knocked the dollar down, lifted gold to two-month highs, and reset Fed rate bets.

Cast your mind back to the dis­tant year 2021 and recall, if you will, its music, its fash­ions, the obses­sions of its youth. This prob­a­bly won’t be a dif­fi­cult task, since in most respects — the damp­en­ing effects of the pan­dem­ic notwith­stand­ing — none of those aspects of pop­u­lar cul­ture seem any dif­fer­ent today. Yet rough­ly the same time span sep­a­rat­ed Scott McKen­zie’s “San Fran­cis­co (Be Sure to Wear Flow­ers in Your Hair)” and David Bowie’s “Star­man.” 1967 was the year of the Sum­mer of Love; by 1972, accord­ing to most reck­on­ings, the cul­tur­al era known as the Six­ties was,…

Maliki Perales, 11, and Dravyn Quiroz, 20, were fatally shot outside their house in San Antonio, police sayDaniel Antonio Perez; A GoFundMe set up of Drayden Quiroz and Maliki Perales shows the outside their home.Credit: Bexar County Sheriff’s Office; GoFundMeNEED TO KNOWKey TakeawaysDaniel Antonio Perez, 38, was arrested and charged with capital murder after allegedly shooting two brothers in San AntonioPolice say Perez’s family reported he had undiagnosed mental health issues and there was no prior conflict with the victimsA GoFundMe has been created to support the victims’ family as they mourn the loss of Maliki Perales and Dravyn QuirozAuthorities…

“The sexual act, successfully performed, was rebellion,” wrote George Orwell, envisioning the dystopian kibosh put on human spirit by the jackbooted state in Nineteen Eighty-Four. Little did he realize that his sweeping prescience would extend to the premise of the new rom-com One Night Only, a film that for legal reasons cannot be officially titled Sex Purge, but for reasons of common sense cannot be referred to any other way.In the not-so-distant future (Buck Mason-brand shirts still have stylish men ​“in a chokehold,” so we can’t be too far out), to not-so-evident ends, Congress has narrowly passed a bill forbidding any and all forms…

If you thought last week had only a handful of records, this week there are even less. Hopefully there is something for you. Me, my wallet gets a break this week…a much needed one. Thanks for stopping by and I hope you all have a great weekend!! If you want, drop me a comment on what you want this week?

Writing recently at National Affairs, Yale University political philosopher Gregory Collins leveled serious charges against modern economics. Because Collins is an accomplished scholar of the works of Edmund Burke and Adam Smith (among others) — and because he harbors toward the market order none of the knee-jerk hostility that today motivates so many progressives and postliberals — his criticisms deserve to be taken seriously. Among the economists whose work Collins criticizes is me. Specifically, he criticizes my distinction, expressed in this AIER Explainer, between consumption and production. My respect for Collins and his work fortified me to contemplate his criticisms…

Source: Financial Times

Former Indian all-rounder Ravichandran Ashwin has made a surprising revelation about one of the biggest turning points in his career. Ravichandran Ashwin shared how Sanjay Manjrekar’s criticism initially left him upset but later became the biggest reason behind his remarkable transformation.The former Indian spinner admitted that reading Manjrekar’s article after India’s 2012 tour of Australia hurt him deeply. But instead of ignoring the criticism, he decided to work harder on his fitness and improve his overall game. Years later, he even thanked Manjrekar for changing his career. Amid this, Shubman Gill warned of ‘real test’ on turning pitches before Sri…

How and why Brady Tkachuk may have wanted to be traded from the Ottawa Senators DLLS Stars: Julien McKenzie on the how and why the Ottawa Senators ended up trading Brady Tkachuk to the Florida Panthers this offseason. ** NHLRumors.com transcription Host: “This team went through, I was just saying this, It almost went through like what the Buffalo Sabers went through, except for less, because the playoff drought wasn’t 14 years. But I look back, January 24th, they’re in last place in the Atlantic, and then they have an insanely good record the rest of the year. Tied with…