Month: July 2024

Why a Historically Reliable Recession Indicator May No Longer Be Accurate

Why a Historically Reliable Recession Indicator May No Longer Be Accurate

More news - Latest news Wall Street’s most reliable recession indicator started signaling trouble in 2022 and hasn’t stopped since, but so far it has proven wrong every time. The yield on 10-year Treasuries has been lower than that of many shorter-term bonds, a scenario known as an inverted yield curve, which has historically preceded nearly every recession since the 1950s. Traditionally, an inverted yield curve suggests a recession within a year or two. However, not only has a recession not occurred, but U.S. economic growth remains stable. This has led many on Wall Street to wonder why this once-reliable…
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Tune In: Fed Chair Jerome Powell Discusses Interest Rate Policy and Economic Outlook

Tune In: Fed Chair Jerome Powell Discusses Interest Rate Policy and Economic Outlook

More news - Recent news Federal Reserve Chairman Jerome Powell will speak at the Economic Club of Washington, D.C., on Monday, providing insights into the central bank's interest rate policy and the broader economic landscape. Powell will engage in a discussion with David Rubenstein, president of the Economic Club and co-founder of The Carlyle Group. The move marks Powell’s first public comments since Thursday’s Consumer Price Index (CPI) report, which showed monthly prices for June falling. During his two-day testimony on Capitol Hill last week, Powell said the Federal Reserve now sees the risks of rising inflation and a slowing…
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Parkinson’s expert makes frequent visits to the White House for eight months

Parkinson’s expert makes frequent visits to the White House for eight months

Related media - Recent news According to official visitor logs, a Parkinson’s disease expert from Walter Reed National Military Medical Center visited the White House eight times over an eight-month period from last summer to last spring, and met at least once with President Biden’s doctor. The expert, Dr. Kevin Cannard, is a neurologist specializing in movement disorders who recently published a paper on Parkinson’s. The logs, released by the White House, document visits from July 2023 to March of this year. More recent visits, if any, would not be disclosed until later, according to the White House’s voluntary disclosure…
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How to Make Digital Smartphone Photos Look Old

How to Make Digital Smartphone Photos Look Old

More news - Breaking news Like the allure of vinyl records, classic video games, and even the early Internet, the fascination with old photographic standards like point-and-shoot cameras and 35-millimeter film endures, even among people too young to remember when that equipment was cutting edge. The allure of “vintage” photography extends beyond nostalgia and Instagram filters, judging by the number of apps designed to emulate the film, lenses, and visual quirks of pre-digital photos and films. Despite the irony of using a high-end smartphone camera to produce imperfect images that look oversaturated, shaky, low-contrast, unfiltered, or otherwise analog, going for…
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The Silent Killer Who Stalks Sri Lankan Men

The Silent Killer Who Stalks Sri Lankan Men

More news - News 24 hours Climate change and contaminated water have triggered an epidemic of kidney disease. In Sri Lanka, a serene island nation in the Indian Ocean, a silent killer is claiming the lives of thousands of men. Statistics reveal an alarming spike in chronic kidney disease cases, and experts point to two main culprits: climate change and water pollution. In rural northern and eastern Sri Lanka, where agriculture is the backbone of the local economy, farmers face a daily struggle not only to cultivate their land but also to survive amid a growing health crisis. Extreme temperatures…
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Autistic Employees Revolutionize Workplace Accommodations

Autistic Employees Revolutionize Workplace Accommodations

More news - Recent news When Chelsia Potts took her 10-year-old daughter to a psychologist for an evaluation for autism spectrum disorder, she decided, almost as an afterthought, to get tested herself. The results were surprising: Like her daughter, Ms. Potts was diagnosed with autism. At 35, Ms. Potts thought she was dealing with anxiety or something else. A first-generation college graduate, she had earned a Ph.D. in education and become a high-level administrator at Miami University in Oxford, Ohio. After seeing a psychologist, she had to figure out how this diagnosis would affect her work life. “I was confused…
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