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“I want to see despair expressed in action that moves things forward.” Watching the protests, black Angelenos recall Rodney King.
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A round-up of organizations to support that are performing "the real, meaningful, slow work of advancing justice."
“This virus has really highlighted the fact that Black frontline workers, no matter what job they have, deserve a higher living wage. Still, I haven’t seen any representation of Black front line workers in the media. I feel invisible.”
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Nonstop reporting of black suffering takes a toll on black journalists' mental and emotional health, but they keep going.
Of course! Private equity stands to make a fortune off the bankruptcy of businesses around the country. By firing workers and raiding their pensions, they’ll make off with the bag.
You can’t open a book about coffee, no matter what tone it takes, without reading a global story. Whatever else the current crisis may be teaching us, the one certain thing is that self-sufficiency is a non-solution to our suffering.
According to the Energy Information Administration, U.S. crude inventories (excluding SPR) built by 14.9 million barrels last week to 1.415 billion, whereas SPR stock built by 2.1 million. They stand 129 mmb above the rising, rolling 5-year average and about 129 mmb higher than a year ago. Comparing total inventories to the pre-glut average (end-2014), […]
COVID-19 was the black swan event that culminated in bringing the worldwide economy to its knees. The spread of the virus globally, along with intermittent spikes, has crushed stocks and decimated entire industries such as airlines, casinos, travel, leisure, and retail while others are battling to remain in business. COVID-19 was the linchpin for the […]
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In northern Italy, archaeologists have unearthed an amazingly well-preserved mosaic floor that may date to the third century AD.
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"Whether the data is or isn’t normalized to population size will produce really different outcomes." How maps manipulate reality.
Unlike those on the mainland, people in Hong Kong have been able to vote for their own lawmakers in the legislature since 1998. Half of the 70 legislative councilors are chosen democratically, while the other half are “elected” through not-so-democratic means.
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Mount Everest's height is disputed, "specifically whether or not the official number should account for the snow atop it."
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At a hotel repurposed for those sick or recovering from COVID-19 who want to self-isolate, you get no key and can't leave.
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Quarantine has meant fewer would-be patients, resulting in a massive experiment in what happens with less medical intervention.
I always advise sharing a favorite memory of the deceased, but if you don’t have one, it is fine to say, “I didn’t know your loved one personally, but I wanted to let you know I’m thinking about your family.”
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The short explanation for why men are posting photos of themselves pointing guns at their crotches is that they want to troll you.
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To disinfect police cruisers from potential COVID-19, Ford develops software to heat interiors to 133 degrees for 15 minutes.
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"It's kind of a piece of political theater." Trump's executive order targeting social media is legally unenforceable.
One Option Trading Blog https://ift.tt/2AoOnOQ Posted 9:30 AM ET - Yesterday the S&P 500 rallied right out of the gate and the light volume rally reminded me of a sellers boycott. Stocks were vulnerable to profit-taking and they sold off hard in the last hour of trading when President Trump announced a press conference. Investors sold on the news and China is in the crosshairs again. The S&P 500 closed lower for the day, creating a bearish hammer off of a relative high. We are seeing follow-through before the open this morning. The press conference timeline has not been disclosed and it will be the driving …
One Option Trading Blog https://ift.tt/2AoOnOQ Posted 9:30 AM ET - Yesterday the S&P 500 rallied right out of the gate and the light volume rally reminded me of a sellers boycott. Stocks were vulnerable to profit-taking and they sold off hard in the last hour of trading when President Trump announced a press conference. Investors sold on the news and China is in the crosshairs again. The S&P 500 closed lower for the day, creating a bearish hammer off of a relative high. We are seeing follow-through before the open this morning. The press conference timeline has not been disclosed and it will be the driving …
The coronavirus pandemic affects the world economy in unprecedented ways when compared to previous recessions. When compared with other major setbacks in human history, only WWII, so far, had greater economic consequences than this virus has.
Every country in the world came out with its own way of supporting citizens. Some countries, especially developed ones, had the luxury of testing the population to find out exactly how the virus spreads and how many have been…
Yesterday was full of US economic data, but investors waited for one data in particular – the Unemployment Insurance Claims and Continuing Claims. While second-tier data in normal economic times, it shows the number of people applying for unemployment benefits the week before.
Coupled with the Continuing Claims, that shows the number of people still on unemployment benefits (i.e. people that did not find a job in the meantime), it offers a glimpse into the…
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In case you're still baking your way through the pandemic, Mark Bittman offers tips for his popular no-knead recipe.
Because with alarming accuracy
she’d been identifying patterns
I was unaware of—this tic, that
tendency, like the way I’ve mastered
the language of intimacy
in order to conceal how I felt—
I knew I was in danger
of being terribly understood.
The US stock market staged an impressive rally from the coronavirus lows – it is now up 38% from the levels seen in March. As the S&P500 rallied past the 3000 level despite high unemployment, state aid, and a rise in bankruptcies (e.g., Hertz), many investors argue that the stock market is disconnected from reality.
Behavioral finance studies tell us that investors react differently to similar situations. The same is valid for the broad market…
Europe took a new step further on the back of the recent Franco-German statement from last week and announced a €750 billion Next Generation fund over the next three years. This is a big deal for Europe because €500 billion is in grants, and not loans to countries affected by the coronavirus pandemic.
As for the source of the funds, they will be borrowed over the next three years and will be reimbursed starting from…
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