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Bitcoin ETFs Are Making Tax Time More Difficult. How to Navigate the Confusion.: Bitcoin ETFs have contributed to confusion about how to report Bitcoin on your ...
barrons.com/articles/bitcoin-etfs-taxes-3ff72d50
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Daniel Kahneman, Nobel-Winning Psychologist Who Upended Economics, Dies at 90: Daniel Kahneman, a psychologist whose work casting doubt on the rationality of ...
bloomberg.com/news/articles/2024-03-27/daniel-kahneman-psychologist-who-upended-economics-dies-at-90
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Quick Glance: Daniel Kahneman, Pioneer of Behavioral Economics, Dies at 90
- Daniel Kahneman, an Israeli American psychologist and best-selling author, passed away at the age of 90. His award-winning research revolutionized economics and various fields by showcasing how people often abandon logical thinking and jump to hasty conclusions.
- Dr. Kahneman's research debunked the concept of 'homo economicus' and revealed that individuals frequently resort to intellectual shortcuts that lead to misguided decisions.
- He coined the term 'thinking, fast and slow' and illustrated how people are often overly confident, placing excessive faith in their intuitions.
- Kahneman and his colleague Tversky pioneered behavioral economics, applying psychological insights to economic decision-making and influencing behavior in diverse sectors.
Pan-African Group Plans Instant-Payment Systems for 15 Nations: A pan-African group backed by the Bill & Melinda Gates Foundation and the Rockefeller ...
bloomberg.com/news/articles/2024-03-28/pan-african-group-plans-instant-payment-systems-for-15-nations
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Rebuilding Baltimore’s Key Bridge will likely take years, experts say: The original construction took five years and cost $316 million in today’s dollars.
washingtonpost.com/dc-md-va/2024/03/27/baltimore-key-bridge-rebuild-timeline/
Quick Glance: Tragedy in Baltimore: Fatal Bridge Collapse and Intensive Investigations
- A cargo ship that lost control and crashed into a bridge in Baltimore had previously undergone engine maintenance in the port, according to the US Coast Guard. Divers retrieved the bodies of two of the six workers who fell into the water, while the search for the others was deemed unsuccessful.
- Investigators commenced gathering evidence from the cargo ship involved in striking the Francis Scott Key Bridge. The victims were from Mexico, Guatemala, Honduras, and El Salvador, with authorities suspecting that the other vehicles with victims were trapped.
Market Records, Meme Stock Rallies… What Behavioral Economics Tells Us Happens Next. And 5 Other Things to Know Before Markets Open.
barrons.com/articles/what-to-know-today-9a6eb716
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Why the Bond Market Is Closing Early Today: In observance of Good Friday, a religious holiday observed on the Friday before Easter, U.S ...
barrons.com/articles/bond-market-hours-open-close-today-e916d8ad
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China Engineering Ready to Export Desert Mega-Bases to the World: China’s top engineering firm for energy projects says it’s ready to pitch the concept of desert ...
bloomberg.com/news/articles/2024-03-27/china-engineering-ready-to-export-desert-mega-bases-to-the-world
Trump evokes more anger and fear from Democrats than Biden does from Republicans, AP-NORC poll shows
bostonherald.com/2024/03/27/trump-evokes-more-anger-and-fear-from-democrats-than-biden-does-from-republicans-ap-norc-poll-shows/
Baltimore Union Fears Loss of 2,400 Jobs After Bridge Collapse: The Baltimore bridge collapse is poised to leave thousands without work and there’s no firm plan ...
bloomberg.com/news/articles/2024-03-27/baltimore-union-fears-loss-of-2-400-jobs-after-bridge-collapse
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Standardization could open door to third-party chiplets in AMD designs: Domain-specific accelerators are 'essential to progress' it claims ...
theregister.com/2024/03/27/amd_chiplets_future/
US Homebuyers Expecting $10,000 Savings Face Tough Reality: Consumers expecting big savings from a National Association of Realtors’ class-action settlement over ...
bloomberg.com/news/articles/2024-03-24/us-homebuyers-expecting-10-000-savings-face-tough-reality
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Nvidia Catapults Emerging-Markets Stock Picker to Top Spot and Irks Rivals: Lewis Kaufman is, depending on who you ask, a phony or a genius.
bloomberg.com/news/articles/2024-03-27/nvidia-catapults-emerging-markets-stock-picker-to-top-spot-and-irks-rivals
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Japan Really Wants to Build Airplanes, $33 Billion Project Shows: Japan’s trade ministry wants to get the country’s aviation ambitions back up in the air.
bloomberg.com/news/articles/2024-03-27/japan-really-wants-to-build-airplanes-33-billion-project-shows
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Work-Life Balance Replaces Hustle Culture: The live-to-work ethic has flipped. Now people want work-life balance and that’s transforming not just workplaces but ...
bloomberg.com/news/articles/2024-03-27/work-life-balance-replaces-hustle-culture
The Bullish Case for Commodities: If inflation is here to stay, resources are one of the few reliable hedges.
bloomberg.com/news/newsletters/2024-03-27/the-bullish-case-for-commodities
Tankers Haul More Russian Diesel to Brazil Where There’s a Glut: Tankers laden with millions of barrels of Russian diesel are floating off the coast of Brazil — ...
bloomberg.com/news/articles/2024-03-27/tankers-haul-more-russian-diesel-to-brazil-where-there-s-a-glut
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ECB Has Room to Cut Swiftly Despite Wage Rebound, Cipollone Says: The European Central Bank may be able to lower interest rates “swiftly” even as workers receive ...
bloomberg.com/news/articles/2024-03-27/ecb-has-room-to-cut-swiftly-despite-wage-rebound-cipollone-says
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Wage-Cost Savings Cited as Main Reason to Automate in CFO Survey: Companies are adopting automation to replace labor as they seek to reduce costs ...
bloomberg.com/news/articles/2024-03-27/wage-cost-savings-cited-as-main-reason-to-automate-in-cfo-survey
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Emerging Markets Fall With Caution on US Inflation, Yuan Policy: Emerging market stocks and currencies fell on uncertainty over the pace of Federal Reserve rate ...
bloomberg.com/news/articles/2024-03-27/emerging-markets-fall-with-caution-on-us-inflation-yuan-policy
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The Stock Market Is Rallying, Without Help From Big Tech
barrons.com/articles/stock-market-breadth-big-tech-5e711a6a
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Bond Managers Unwind Bullish Futures Bets to Lowest Since July: Asset managers kept unwinding bullish Treasury futures bets ahead of the Federal Reserve’s most ...
bloomberg.com/news/articles/2024-03-26/bond-managers-unwind-bullish-futures-bets-to-lowest-since-july
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Junk Bond Sales in Sterling Surge at Fastest Pace Since 2021: Junk bond sales in sterling have climbed to the highest in years as signs of a UK economic rebound ...
bloomberg.com/news/articles/2024-03-27/junk-bond-sales-in-sterling-surge-at-fastest-pace-since-2021
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Chinese Stocks Erase March Gains as Policy-Driven Rally Falters: Chinese stocks erased their gains for March as earnings disappointments eroded optimism around a ...
bloomberg.com/news/articles/2024-03-27/chinese-stocks-erase-march-gains-as-policy-driven-rally-falters
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Rising Minimum Wage Risks Stoking Inflation, Says CBI Chief: More companies than ever are worried about the consequences of Britain’s rising minimum wage ...
bloomberg.com/news/articles/2024-03-27/rising-minimum-wage-risks-stoking-inflation-says-cbi-chief
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China’s BRI Funding to SE Asia Falls Short by Over $50 Billion: China’s been able to deliver on only a little over a third of its infrastructure spending ...
bloomberg.com/news/articles/2024-03-27/china-s-bri-funding-to-se-asia-falls-short-by-over-50-billion
Banks' Massive Debt Splurge Brings Its Own Looming Dangers: Covered bonds have been a favorite way for lenders to get money as they repay giant Covid loans ...
bloomberg.com/news/articles/2024-03-27/banks-massive-debt-splurge-brings-its-own-looming-dangers
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Swiss Weigh Boosting VAT, Raising Contributions to Fund Pensions: Switzerland’s government is considering increasing mandatory contributions deducted from wages ...
bloomberg.com/news/articles/2024-03-27/swiss-weigh-boosting-vat-raising-contributions-to-fund-pensions
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Fed’s Operating Losses Swelled to Record $114.3 Billion in 2023: The Federal Reserve’s expenses exceeded its earnings in 2023 by $114.3 billion ...
bloomberg.com/news/articles/2024-03-26/fed-s-operating-losses-swelled-to-record-114-3-billion-in-2023
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Aluminum Falls as Metals Rally Runs Ahead of Demand Recovery: Aluminum fell with other industrial metals, as the recent rally in prices runs into a lack of ...
bloomberg.com/news/articles/2024-03-27/aluminum-falls-as-metals-rally-runs-ahead-of-demand-recovery
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China 'Very Close' to Ending Australia Wine Tariffs, Business Lobby Chief Says
bloomberg.com/news/articles/2024-03-27/china-close-to-ending-australia-wine-tariff-business-chief-says
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China’s EV Exports to EU Slump at Start of Year Amid Probe: China’s exports of electric vehicles to European Union countries dropped by nearly a fifth during the ...
bloomberg.com/news/articles/2024-03-26/china-s-ev-exports-to-eu-slump-at-start-of-year-amid-probe
S&P Lowers Outlook on Five Regional Banks, Citing Commercial Property Exposure: Some US regional lenders could see their asset quality and performance hurt by ...
bloomberg.com/news/articles/2024-03-26/us-regional-banks-challenged-by-commercial-property-s-p-says
TSMC's 3nm node will reportedly account for over 20% of its revenue in 2024, as Apple, AMD, and Intel adopt the technology
tomshardware.com/tech-industry/tsmcs-3nm-node-will-reportedly-account-for-over-20-of-its-revenue-in-2024-as-apple-amd-and-intel-adopt-the-technology
China Reportedly Phasing Out Intel, AMD Chips From Government Computers: New purchasing rules are making it harder for Chinese government agencies to procure ...
uk.pcmag.com/processors/151565/china-reportedly-phasing-out-intel-amd-chips-from-government-computers
Quick Glance: China Removes Intel and AMD Chips from Government Computers: FT Report
- According to a report by the Financial Times on Sunday, China has introduced guidelines to eliminate US microprocessors from Intel and AMD from government personal computers and servers.
- The procurement guidance also aims to replace Microsoft's Windows operating system and foreign-made database software with domestic options, as per the report.
- Chinese officials have started adhering to the guidelines unveiled in December.
- The newspaper reported that government agencies above the township level are instructed to consider criteria requiring 'safe and reliable' processors and operating systems when making purchases.
Billionaire Brothers to Join Brazil Meat Firm JBS Board After Corruption Scandal: Brazilian billionaire brothers Joesley and Wesley Batista were named to the ...
bloomberg.com/news/articles/2024-03-27/jbs-says-batista-brothers-are-set-to-return-to-meat-empire-board
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Americans Are Flocking to Convenience Stores: Wawa, Casey’s, 7-Eleven, and more: With fresh food and fancy drinks, it’s a golden age for c-stores and their ...
barrons.com/articles/wawa-caseys-7-eleven-convenience-stores-retail-stocks-be0b89e2
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Tsingshan Unit Plans Indonesia Battery Plant to Move Up Commodity Supply Chain: The battery unit of Tsingshan Holding Group Co., the world’s top nickel producer ...
bloomberg.com/news/articles/2024-03-26/tsingshan-unit-plans-indonesian-battery-plant-as-trade-frictions-mount
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SEC Insider-Trading Trial Targets Executive's Trades of Rival’s Stock: A lawyer for the US Securities and Exchange Commission told a jury that a former ...
bloomberg.com/news/articles/2024-03-26/sec-insider-trading-trial-targets-exec-who-bought-rival-s-stock
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US Home-Price Growth Picks Up With ‘Healthy Gains’ Across Cities: Home-price growth in the US accelerated at the fastest rate since 2022, increasing pressure on ...
bloomberg.com/news/articles/2024-03-26/us-home-price-growth-picks-up-with-healthy-gains-across-cities
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K-Pop Investing: How to Buy Stocks in South Korea Companies YG, SM, JYP, Hybe: Dating drama and breakup news add to the risks of investing in the companies ...
bloomberg.com/news/articles/2024-03-26/k-pop-investing-how-to-buy-stocks-in-south-korea-companies-yg-sm-jyp-hybe
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Irish Economy Forecast to Return to Growth, Easing Drag on Eurozone: The eurozone economy may be freed of a headwind that enfeebled growth in 2023 ...
wsj.com/economy/irish-economy-forecast-to-return-to-growth-easing-drag-on-eurozone-6355de20
Samsung formally introduces Exynos 1480 with 53% faster AMD-based GPU: A few weeks ago, Samsung launched the Galaxy A55, featuring the Exynos 1480 processor ...
sammobile.com/news/samsung-exynos-1480-launch-53-percent-faster-amd-gpu/
Short Sellers Bet That Crypto Stock Rally Won’t Last (COIN, MSTR): Short sellers are still betting billions of dollars that the rally in cryptocurrency-linked ...
bloomberg.com/news/articles/2024-03-26/short-sellers-bet-11-billion-that-crypto-stock-rally-won-t-last
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US Consumer Confidence March 2024: Conference Board Gauge Held Steady: US consumer confidence held steady in March as Americans were sanguine about their current ...
bloomberg.com/news/articles/2024-03-26/us-consumer-confidence-holds-steady-while-outlook-deteriorates
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PGIM’s Greg Peters Sees Shift Toward Higher Bond Yields: Treasury bonds staged a relief rally last week after Federal Reserve policymakers sent reassuring ...
bloomberg.com/news/articles/2024-03-26/pgim-bullet-proofs-bond-portfolios-as-traders-party-on-after-fed
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Ailbhe Rea: Dangerous Liaisons: Hi there, I’m Ailbhe Rea, a Bloomberg UK Associate Editor and Readout author. Hope you enjoy today’s newsletter.
bloomberg.com/news/newsletters/2024-03-26/ailbhe-rea-dangerous-liaisons
US Durable Goods Orders Rise for First Time in Three Months: New orders placed with US factories for durable goods rose in February for the first time in three ...
bloomberg.com/news/articles/2024-03-26/us-durable-goods-orders-rise-for-first-time-in-three-months
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Viking Therapeutics Posts Promising Weight-Loss Data as Cost Worries Escalate: Two recent sets of data from Viking Therapeutics set it up as a serious challenger ...
on.barrons.com/43BRooU
Centrica Boosted CEO Pay as Families Struggled With Energy Debt: The Chief Executive of Centrica Plc got a bumper pay raise last year while millions of ...
bloomberg.com/news/articles/2024-03-26/centrica-boosted-ceo-pay-as-families-struggled-with-energy-debt
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AMD Zen 5 Epyc 'Turin' CPUs Could Support 4TB of DDR5-6000 Memory: AMD is looking to boost core counts, memory clocks, and the number of PCIe lanes for ...
extremetech.com/computing/amd-zen-5-epyc-turin-cpus-could-support-4tb-of-ddr5-6000-memory
Algeria Bourse Posts Sevenfold Jump in Market Cap After Bank IPO: Algeria’s main stock market swelled sevenfold on Tuesday, approaching a $4 billion market ...
bloomberg.com/news/articles/2024-03-26/algeria-bourse-posts-sevenfold-jump-in-market-cap-after-bank-ipo
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‘Post-Crash’ Market for EM Corporates Seen Luring Global Traders: Emerging-market corporate debt is poised to see a comeback as default risks fade and markets ...
bloomberg.com/news/articles/2024-03-26/-post-crash-market-for-em-corporates-seen-luring-global-traders
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Report: China to Pivot from AMD & Intel CPUs To Domestic Chips in Government PCs: China has initiated a policy shift to eliminate American processors from ...
anandtech.com/show/21323/china-to-ban-usage-of-amd-and-intel-cpus-in-government-pcs
5 GPUs you should buy instead of the RTX 4070: The RTX 4070 is one of the best graphics cards you can buy right now, but the space it occupies is heavily ...
digitaltrends.com/computing/nvidia-rtx-4070-alternatives/
Vega lives on: Chinese company employs Intel Core i7-8705G with RX Vega graphics for NAS motherboard - VideoCardz.com
videocardz.com/newz/vega-lives-on-chinese-company-employs-intel-core-i7-8705g-with-rx-vega-graphics-for-nas-motherboard
Nvidia against the rest of the world: The race for the super chips: Artificial intelligence requires special semiconductor components. They come from the stock ...
faz.net/aktuell/wirtschaft/unternehmen/superchips-fuer-ki-nvidia-gegen-amazon-google-und-co-19615594.html
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Lenovo says demand for AMD's Instinct MI300 is record high — plans to offer AI solutions from all important hardware vendors
tomshardware.com/tech-industry/artificial-intelligence/lenovo-says-demand-for-amds-instinct-mi300-is-record-high-plans-to-offer-ai-solutions-from-all-important-hardware-vendors
China bans AMD and Intel CPUs as well as Windows from government PCs: The Chinese government has reportedly published new guidelines that will ban CPUs and ...
elektronikpraxis.de/china-verbannt-amd-und-intel-cpus-sowie-windows-von-regierungs-pcs-a-b1ba33e0bb67c9d404f844acc800f0c5/
Microsoft Requires ‘Copilot Key’ for AI PCs Apart from NPUs, Intel Reveals: Intel revealed that Microsoft's idea of an AI PCs requires a Copilot Key ...
techtimes.com/articles/302971/20240326/microsoft-requires-copilot-key-ai-pcs-apart-npus-intel-reveals.htm
Quick Glance: Intel confirms Microsoft Copilot to run locally on PCs, 40 TOPS NPU performance required
- Microsoft Copilot will soon run locally on PCs, 40 TOPS required for next-gen AI PCs.
- AI PCs require NPU, CPU, GPU, physical Copilot key on keyboard.
- Intel's Lunar Lake processors to offer three times more AI performance, 300 new AI features.
- Developers mainly utilize Intel's OpenVino for AI optimization.
Kaby Lake-G chip back from the grave, now on NAS motherboard: The Intel CPU that incorporated an AMD GPU into the processor package resurrected by Topton
theregister.com/2024/03/27/failed_intel_processor_nas/
India Making Mistake Believing ‘Hype’ About Growth, Rajan Says: India is making a big mistake believing the “hype” around its strong economic growth since there ...
bloomberg.com/news/articles/2024-03-26/india-making-mistake-believing-hype-about-growth-rajan-says
Will Hispanic voters hand Donald Trump the presidency?: Our weekly podcast on democracy in America. This week, we consider Joe Biden’s fortunes with Latinos
economist.com/podcasts/2024/03/22/will-hispanic-voters-hand-donald-trump-the-presidency
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Chuck Todd Elaborates On Why NBC Shouldn't Have Hired Ronna McDaniel: In a social media post, the NBC newsman said honest journalists shouldn't have to "lend ...
huffpost.com/entry/chuck-todd-x-ronna-mcdaniel_n_660209a3e4b079ac3ef1ed54
Quick Glance: NBC ends association with former RNC head Ronna McDaniel
- NBC News severed ties with former Republican National Committee chief Ronna McDaniel on Tuesday, shortly after bringing her on board as a political contributor on air.
- The decision came in response to a strong backlash from some of the network's journalists and commentators.
- McDaniel learned about her job termination through media reports rather than directly from NBC.
- The hiring and subsequent swift termination of McDaniel sparked public protests within the NBC network and beyond.
Megadeals Make a Comeback to Power $660 Billion M&A Revival: A rush of megadeals is powering a rebound in mergers and acquisitions, bringing some much-needed ...
bloomberg.com/news/articles/2024-03-26/megadeals-make-a-comeback-to-power-660-billion-m-a-revival
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Closing Gender Pay Gap Will Take a Rethink of Senior Roles, WGEA Says: Australian employers need to rethink what it takes to be a senior leader in order to ...
bloomberg.com/news/articles/2024-03-26/closing-gender-pay-gap-will-take-a-rethink-of-senior-roles-wgea-says
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Nearly $2 billion is up for grabs as Mega Millions and Powerball jackpots soar: The stars have aligned in the lottery universe like never before ...
bloomberg.com/en/news/thp/2024-03-25/nearly-2-billion-up-for-grabs-as-mega-millions-and-powerball-jackpots-soar
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Quick Glance: Strategies for Powerball and Mega Millions: Tips for Choosing Numbers
- Nicholas Kapoor unexpectedly won the Powerball lottery and used it as a teaching tool.
- The odds of winning Powerball and Mega Millions are extremely slim.
- It is recommended to choose random numbers or Quick Picks to increase chances of winning.
- Playing less popular lotteries can increase the odds of winning, but the prizes are smaller.
BOE’s Mann Says Markets Pricing Too Many UK Rate Cuts This Year: Bank of England policy maker Catherine Mann said financial markets are pricing in too many ...
bloomberg.com/news/articles/2024-03-26/boe-s-mann-says-markets-pricing-too-many-uk-rate-cuts-this-year
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ECB’s Muller Says Data May Confirm Inflation Slowdown for June: European Central Bank Governing Council member Madis Muller said data over the coming weeks may ...
bloomberg.com/news/articles/2024-03-26/ecb-s-muller-says-data-may-confirm-inflation-slowdown-for-june
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Cocoa Tops $9,000 Mark for First Time on Global Supply Crunch: Cocoa extended its surge — gaining more than $700 per ton in a single day and surpassing $9 ...
bloomberg.com/news/articles/2024-03-25/cocoa-tops-9-000-as-supply-fears-keep-sparking-fresh-records
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10 New Sauvignon Blancs to Discover: Wine Buying Guide: Here are 10 bottles across all price points to drink now.
bloomberg.com/news/articles/2024-03-26/10-new-sauvignon-blancs-to-discover-wine-buying-guide
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Consumer Lender Curo Goes Bankrupt as Debt Pile Takes Toll: Consumer lending conglomerate Curo Group Holdings Corp. and affiliates filed for bankruptcy after ...
bloomberg.com/news/articles/2024-03-25/consumer-lender-curo-goes-bankrupt-as-debt-pile-takes-toll
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Argentina Wages Suffer Record Drop After Javier Milei Devalues Peso (ARS USD): Private-sector wages in Argentina fell the most in nearly three decades after ...
bloomberg.com/news/articles/2024-03-26/wages-in-argentina-suffer-record-drop-after-milei-devalues-peso
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Australia Plans First Stress Test of Financial System in 2025 to Gauge Shocks: Australia’s financial regulator is planning a system-wide stress test to gauge the ...
bloomberg.com/news/articles/2024-03-25/australia-plans-first-stress-test-of-financial-system-in-2025
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Russia, China Ships Face Red Sea Risks Despite Houthi Pact; Egypt's Crisis - Bloomberg
bloomberg.com/news/newsletters/2024-03-25/russia-china-ships-face-red-sea-risks-despite-houthi-pact-egypt-s-crisis
The Trader Bacon Show | March 25th, 2024: Benzinga Live on X (Twitter)
twitter.com/i/broadcasts/1ZkJzjEZPrZJv
US Announces $6 Billion to Clean Up Heavy Manufacturing: The Biden administration is awarding about $6 billion in grants to help cut emissions from metals ...
bloomberg.com/news/articles/2024-03-25/us-announces-6-billion-to-clean-up-heavy-manufacturing
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Fed’s Bostic Repeats Expectation of Just One Rate Cut This Year: Federal Reserve Bank of Atlanta President Raphael Bostic reiterated his expectation for one ...
bloomberg.com/news/articles/2024-03-25/fed-s-bostic-repeats-expectation-of-just-one-rate-cut-this-year
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Ryzen 5000XT: AMD gives the AM4 platform new CPUs: AMD is surprisingly giving the time-honored AM4 platform new, classic processors with the Ryzen 5000XT ...
pcgameshardware.de/CPU-CPU-154106/News/AMD-Ryzen-5000XT-1443893/
Quick Glance: AMD Plans Refresh of Ryzen 5000XT CPUs for AM4 Budget Platforms with Faster Zen 3 Chips
- AMD is aiming to update the Ryzen 5000XT CPUs due to the significant popularity of the AM4 platform with speedier Zen 3 chips.
- Typically, the XT series by AMD serves as a general update and could signify a significant shift for the company towards a specific platform.
- AMD has named a presentation slide as "Attacking Every Price Point," a fitting choice given the array of SKUs listed below it.
- A noteworthy aspect here is AMD's strategy to target the mid-budget segment. The launch of Ryzen 5000XT SKUs might lead to a substantial increase in sales. The AM4 socket appears to have a lasting appeal for DIY and budget/mainstream builders even after seven years since its initial release.
X Is Losing Users and Struggling to Attract Creators, According to New Data: X use is down nearly 20% from last year, and a new report says that paid creators ...
entrepreneur.com/business-news/x-is-losing-users-facing-creator-challenges-with-less-money/471638
Home Prices Likely Climbed in January. Where They’re Headed.: A low supply of homes for sale will help boost prices.
barrons.com/articles/home-prices-likely-climbed-in-january-9a3f3824
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