Author: kumbhorg

Until very recently, the Federal Reserve had been ratcheting up bank regulations. Economists generally agree that excessive bank regulation dissuades banks from extending credit for some productive projects. In a recent speech, Fed Governor Stephen Miran points to another problem with excessive regulation. In brief, “regulations enacted to shore up financial stability have constrained the Fed’s control over some elements of monetary policy transmission and the size of the balance sheet.” He refers to such a situation as regulatory dominance, since monetary policy takes a back seat to the regulatory framework. Miran has a point. But the problem is even…

England’s greatest fast bowler, James Anderson, created buzz amid the ongoing Ashes 2025-26 in Australia by sharing his personal list of the greatest fast bowlers in a blind ranking challenge. Anderson picked the greatest pacers on the Tailenders podcast’s Instagram page.At the very top of his list, Anderson placed England legend Ian Botham. Botham enjoyed a remarkable international career, finishing with 528 wickets at an average of 28.44. He also picked up 27 five-wicket hauls, and his ability to change games with both ball and bat clearly earned him the top spot in Anderson’s list of greatest fast bowlers.James Anderson…

Two teams weren’t afraid of getting a long-term commitment from Quinn Hughes Sportsnet: Elliotte Friedman on when Quinn Hughes told the Vancouver Canucks that he wouldn’t sign a contract extension with them. The New Jersey were really interested, but they weren’t able to create the salary room. ** NHLRumors.com transaction Ron McLean: “Okay, Quinn Hughes. Walk us through a little bit of all of it.” Friedman: “Yeah. So, you know, one of the things that everybody kind of wondered about was, what was the behind the scenes of this play? And there’s been a lot of speculation, myself too, about,…

A revamp of train timetables has come into effect across the country, involving some of the most significant changes for more than seven years.Rail operators are promising more services across the network and faster journeys on some routes as a result of the changes, with the East Coast Main Line to benefit the most.Passengers are being advised to check the new timetables before travelling.The level of change has not been seen since May 2018 when an update sparked major disruption and cancellations on some routes.Rail timetables are changed every May and December, but rarely to this degree.Network Rail is promising…

On December 18th, days before Christmas, Keonne Rodriguez, co-founder of the Bitcoin Samourai Wallet, will have to surrender to prison. His crime? Creating a software tool that gave Bitcoin users comparable privacy to that which banks are expected to provide. Samourai Wallet, the brand and technology stack built by Rodriguez and William Lonergan Hill, was shut down by the U.S. Government in April 2024 on a variety of charges, including money laundering, but only one charge stuck after a high-profile trial, the weakest charge of all, “unlicensed money transmission”.What does it mean to transmit money? According to prosecutors, custodial control…

BBCTom Walker’s 2017 hit single, Leave A Light On, was about a friend with a drug addictionSinger-songwriter Tom Walker has spoken out about struggles with his mental health, saying writing music has been his therapy.Walker wrote about a friend with a drug addiction in his 2017 hit single Leave A Light On, and his 2024 track Lifeline was written after the sudden and unexpected death of a close friend.”Songwriting was a kind of therapy for me, and I was writing about the things in my life which made me ecstatic, and also the things I really struggled with,” the 33-year-old…

Argentine footballer Lionel Messi with West Bengal Sports Minister Aroop Biswas, right (PTI Photo/Swapan Mahapatra) NEW DELHI: The All India Football Federation (AIFF) president Kalyan Chaubey has broken his silence on the chaos that marred Lionel Messi’s much-hyped appearance in Kolkata, squarely blaming political grandstanding and serious lapses in protocol for the disorder at Salt Lake Stadium. Speaking to ANI on Sunday, Chaubey said the event had drifted far from its sporting purpose. “Yesterday, the event we saw, it became West Bengal Sports Minister’s personal event. People have seen on the television or other medium more of the West Bengal…

UPSC CGPDTM Examiner recruitment 2025 Registration for the UPSC CGPDTM Examiner Recruitment 2025 has officially begun, opening applications for 102 vacancies under the Controller General of Patents, Designs and Trade Marks (CGPDTM), functioning under the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry. The recruitment drive, notified through Advertisement No. 14/2025, includes 100 posts of Examiner of Trade Marks and Geographical Indications and two posts of Deputy Director (Examination Reforms). Eligible candidates can apply online through the UPSC Online Recruitment Application (ORA) portal from December 13, 2025. The application window will remain open until…

On this Friday (December 12), as we head into one of the final weekends of 2025, the crypto market is flashing positive signs that a strong end to the year could be on the cards. The crypto market is up +2% on the day, back over $3.2 trillion, driven mainly by a boom in the Solana ecosystem, particularly its memecoin sector. A bullish performance from the Solana memecoin space has led traders to seek the best crypto to buy heading into the weekend. Major caps such as Bitcoin, Ethereum, and Solana are all in the green, with modest daily gains…

Enjoyed this article? Share it with your friends! Florida authorities have seized about $1.5 million in cryptocurrency after tracing funds from a Citrus County investment fraud case to a wallet linked to a Chinese national. The action followed a court order obtained by the Office of Statewide Prosecution’s Cyber Fraud Enforcement Unit.Attorney General James Uthmeier confirmed that the assets belonged to Tu Weizhi, who now faces charges of money laundering, grand theft, and running an organized fraud scheme. Did you know? Want to get smarter & wealthier with crypto? Subscribe – We publish new crypto explainer videos every week! What…