Author: kumbhorg

A boost in hospitality and education employment drove the US economy to create tens of thousands more jobs than expected last month, latest figures suggest.The number of roles added to the world’s biggest economy increased by 162,000 in August, almost triple the 56,000 forecast by analysts.The stronger jobs figures are likely to add to growing expectations that the Federal Reserve will increase interest rates later this month.An increase in employment during the final month of the summer in restaurants and bars, as well as in local government education ahead of the new school year, was behind the rebound.Last week, Kevin…

Bitcoin’s correlation with gold is at its highest in six years as investors increasingly look for ways to hedge against currency debasement.  That’s according to a new report from Bitwise, which this week pointed out that the precious metal and leading cryptocurrency are trading in lockstep because the U.S. government has “materially intervened in the macro picture.”  Bitcoin started surging last month, after the U.S. Treasury Department said it would more than double the size of its government debt repurchases. The coin had its best run in three years and third best August ever.  JUST IN: Bitcoin’s correlation with gold…

The Wolverhampton-born comedian and actress shares her experiences in her new memoir.

Alexandra Eala (AP Photo) NEW YORK CITY: No sooner had Alexandra Eala closed out her second-round match on Louis Armstrong Stadium than a rush of activity erupted on the rear deck of the packed arena. Feet shuffled, voices rose and squeals rang out as young fans, most of them little girls in tennis attire clutching giant tennis balls, raced down the stairs, desperate to get as close to the Filipina as possible for an autograph.Eala, 21, needed just 64 minutes to beat Ukraine’s Oleksandra Oliynykova 6-1, 6-4 and reach the third round of the US Open, her deepest run in…

In the latest Bitcoin news today, the asset climbed back above $80,000 on Friday after a reported 4.3% daily gain. The move capped a month that delivered Bitcoin’s strongest monthly performance since November 2024. That recovery matters because the third quarter had been rough for Bitcoin price action. The rebound has given bulls plenty to celebrate, but the bigger question is whether Bitcoin has actually found a durable bottom. A sharp recovery can quickly change sentiment, especially after weeks of selling pressure. However, reclaiming a major price level does not automatically mean the broader downtrend has ended. Market Cap 24h…

Many who read this will remem­ber watch­ing tele­vi­sion on a black-and-white set at some point in their lives. Few­er will remem­ber doing so because only black-and-white sets exist­ed. Of course, your own expe­ri­ence will depend upon your coun­try of ori­gin. The Unit­ed States began the tran­si­tion to col­or tele­vi­sion in 1953, and more than half of its pop­u­la­tion owned col­or sets less than twen­ty years there­after. France’s sta­tions start­ed to change over in 1967, and the last one did so in 1983. South Korea, where I live, start­ed its own reg­u­lar col­or broad­casts in 1980, though at that point, those…

Later, Earle read a text message she contemplated sending to Cooper. “I wanted to write you directly to let you know I don’t like you,” the message began. “I’m not gonna fall for your bait of getting into a back-and-forth online, and I don’t think you want that either. You are manipulative and toxic. Go ahead and say ‘it’s just business’ all you want, but the way you approach business is disgusting. You choose money over morals.” “You took advantage of me at a young age in a new industry I knew nothing about,” Earle’s message continued. “You are full…

Accomplished filmmaking duo Elizabeth Chai Vasarhelyi and Jimmy Chin hit the big time in 2018 when Free Solo became the year’s most talked about documentary, culminating in a 2019 Academy Award for Best Documentary Feature. Since then they’ve become prolific, directing six feature documentaries, the biopic Nyad, and three television series. Everest: The Other Side marks their latest adventure – another high-stakes story of human endurance as their mountaineer friends Jim Morrison and Hilaree Nelson attempt to become the first people to summit and ski down the notoriously treacherous north side of Mount Everest. It’s certainly familiar ground for the filmmakers…

The academy is a lot like the United States: it has never lived up to its ideals, but it has always had ideals worth living up to.  Ideally, universities represent the shared, disinterested, fearless, collegial pursuit of truth. They provide an environment where disagreement is an opportunity, where no idea is off limits, where the unthinkable is dispassionately tested. Ideas that emerge from the rigorous crucible of seminar rooms and scholarly journals are our closest approximations to truth, at least to date. We are so far from that ideal that 280 STEM professors across the University of California system report…

Some stuff I am reading today morning: NSE Pre-open session is changing (NDTV) SEBI to review F&O settlement pricing (BS) Tata Chemicals forced to exit Kenya (MC) Old Monk cannot be sold as rum (Mathrubhumi) CCI holds Debenture Trustees guilty of cartelisation (ML) Rustomjee Crown residents sue developer (MC) Sell Side Research: LG Electronics (ICICI) Shakeout in early-stage AI (CNBC) Electric Trucks are inevitable (OP) How to invest when your portfolio gets bigger (CS) Discover more from Alpha Ideas Subscribe to get the latest posts sent to your email.