Author: kumbhorg

Top investor Ray Dalio has again sung Bitcoin’s praises. But only a little bit.  The billionaire hedge fund boss said in his latest essay that he expected  “non-government-produced monies like gold and bitcoin to do relatively well” as government debt grows.  Dalio, who founded one of the world’s largest hedge funds, Bridgewater Associates, has long warned investors about the size of America’s debt. U.S. national debt passed the $40 trillion mark this week.  “As general advice, I suggest diversifying well in asset classes and countries that have strong income statements and balance sheets and are not having great internal political…

The duchess put her career on hold after her marriage to Prince Harry in May 2018. At the time, she told the BBC she did not view quitting acting as giving anything up, but rather as “a new chapter”.She recently returned to acting for the first time in nearly a decade, with a cameo as herself in forthcoming comedy Close Personal Friends, which stars Lily Collins and Brie Larson.A return to acting could be lucrative for Meghan. The BBC understands that while based in the UK she also hopes to expand the global reach of her US-based lifestyle and cooking…

Team India head coach Gautam Gambhir (left) giving a pat on Saransh Jain’s chest after the all-rounder completed his practice session at the SSC in Colombo. (Photo Courtesy: Sahil Malhotra) TimesofIndia.com in Colombo: Will he, won’t he? Questions surrounding Kuldeep Yadav reached a fever pitch when the chinaman stayed away from the second training session in a row. While the official word from the Indian camp was that he was being rested from the first session, KL Rahul, who was also absent on Friday, turned up for a hit on Saturday.Kuldeep staying confined to the hotel room further raised eyebrows,…

The National Testing Agency (NTA) requires deep structural strengthening to address recurring examination-security concerns, but replacing the agency altogether may not be the most useful solution, former University Grants Commission (UGC) Chairman Mamidala Jagadesh Kumar has said.Speaking to PTI, Kumar, who chairs the Review Committee for the National Education Policy (NEP) 2020, said the recurring paper-leak issue should be viewed as an “end-to-end examination-security challenge,” given the scale and complexity of examinations conducted by the agency.Scale of the challengeThe Centre recently ordered several measures to strengthen the NTA and the examination system following the NEET-UG paper leak, which triggered widespread…

The SEC proposed a new framework that would let qualifying crypto projects raise up to $75 million in a single 12-month period without completing a full securities registration. Called Regulation Crypto Assets, the proposal marks the agency’s first attempt at building a purpose-built fundraising lane for token issuers. Here is the tension worth tracking: this is a proposed rule, not a final one, and it arrives while Congress still hasn’t passed the CLARITY Act market-structure bill that SEC Chairman Paul S. Atkins says is ultimately needed to make any of this durable. With our new proposal, the SEC is taking…

Bitcoin’s (BTC) latest rally is primarily driven by improving macroeconomic conditions rather than crypto-specific factors, according to a Thursday report by CoinShares.Bitcoin surges on positive macroeconomic backdropThe firm stated that recent economic data have weakened the case for further US monetary tightening. Calmer inflation and weaker payroll data have increased expectations that the Federal Reserve (Fed) could move toward a less restrictive policy stance.CoinShares noted that Bitcoin remains particularly sensitive to changes in liquidity expectations and real yields, making the shift in rate expectations supportive for the top crypto.“Bitcoin’s latest rally is a macro story, not a crypto one,” CoinShares…

The kids can’t read. Such has been the impli­ca­tion, even the dec­la­ra­tion, made by a wave of arti­cles in recent years. But the state­ment needs some qual­i­fi­ca­tion: the kids in ques­tion are Amer­i­can; what they can’t read is entire books, espe­cial­ly lit­er­ary fic­tion; and it isn’t just the kids in the first place. It would be the rare read­er, espe­cial­ly of a site like Open Cul­ture, who could resist feel­ing any despair when con­front­ed with, say, a study find­ing that only five per­cent of col­lege Eng­lish majors test­ed could under­stand the open­ing of Bleak House. But the real prob­lem is broad­er, as reflect­ed…

For Molly Sims, years in the makeup chair led her to this moment. The YISE Beauty founder chatted exclusively with E! following the launch of her latest product innovation, the Xtremely Quenched Peptide Instant Glow Moisturizer, which comes on the heels of a slight change for the brand: the name. “So many people couldn’t pronounce [YSE]: ‘wait, what does it mean?” Molly explains, “We’re not changing who we are, I think we’re just getting clearer about it. We’re a bunch of women getting wiser.” Knowing her consumers are savvy, means the products also have to (obviously) match that energy. Enter…

Fred Rogers’s song “What do you do with the Mad that you Feel” comes to mind when watching director Alexander Ullom’s existential road-trip nightmare, “It Ends.” In his song, Rogers articulates a need for vessels to place our rage, angst, and grief, and sings how easy it is to feel powerless in the face of all that afflicts us. That same thorny longing, terrifying questioning, and ultimately deep-seated hope that depression won’t rule the day courses through Ullom’s film, which takes the straitjackets of horror and hangout movies and blends them into a unique meditation on growing up and finding…

A few months ago, I was privileged to tour the Michigan steel mill where my daughter works. A month or so later, I toured a brewery in North Carolina. Both establishments would have been recognizable to Adam Smith, whose description of the pin factory perfectly captured the division of labor fundamental to manufacturing. Yet the sage of Kirkcaldy would have been astonished at how much of the manual work of manufacturing is done today by machines — and by the level of capability needed by those who supervise those machines.  It is a major part of the administration’s policy to…