JMA issued a level 3 on a scale of 5 alerts for Mount Aso, a popular destination on the main southern island of Kyushu. A level 3 means “do not approach the volcano” and urged tourists and residents to avoid entering the danger zone due to the risk of falling rocks and pyroclastic flows about half a mile around the volcano.
If we keep going down this path, soon we won’t have much of a “middle class” at all. When I first started writing about the economy many years ago, I often wrote about the tens of millions of “working poor” Americans that were enduring so many hardships. But at this point most of the nation now falls into the “working poor” category. That isn’t because wages haven’t been going up. Little by little, wages have been incrementally
As a result, Wall Street is expecting a strong report, with consensus expecting an EPS of $1.67 a share on revenue of $13.9 billion.
Overheard at The Treasury…
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Sinema is one of two moderate Democrats – the other being Sen. Joe Manchin (WV) holding up their party’s spending agenda over their refusal to support the massive spending legislation.
According to the Wall Street Journal, Sinema has told lobbyists that she won’t stand for significant increases in taxes on businesses, high-income
Housekeeping matters aside, we jump
“this dovetails in sinister fashion with the basic idea that any sufficiently advanced technology cannot be distinguished from magic. highly evolved capitalism becomes such a technology and the largess and plenty it produces gets mistaken for a property of the universe rather than a made thing, a thing that must be created rather than simply reaped.”
– el gato malo
Modern society is awash in stuff. There’s stuff at the grocery store. At the hardware store. At Amazon and eBay. We eat stuff, wear stuff, buy stuff, and store stuff. Click
Speaking to a CNBC reporter Wednesday during the TV Channel’s “Seeking Alpha” conference, PIMCO CIO Daniel Ivascyn announced that his firm, which has already “dabbled” in crypto, plans to gradually invest more in the nascent asset class, starting with its quant-based and “trend-following” strategies, before moving
Two New York City lawyers pled guilty in a Brooklyn federal court Wednesday morning to one charge relating to the firebombing of a police vehicle during the George Floyd riots.
Colinford Mattis and Urooj Rahman each pled guilty to one count of possessing or making a destructive device, a charge carrying as much as 10 years in prison under a terrorism sentencing enhancement. U.S. District Judge Brian Cogan will determine the length of the prison term, which could run much shorter than 10 years, at a sentencing proceeding in February 2022.
Liberal legal elites flocked to the defense of Mattis