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Daniel Kahneman Says Noise Is Wrecking Your Judgment. Here’s Why, and What to Do About It.
on.barrons.com/3ISm4bT
Cocoa Price Rises Drive Market Close to Breaking Point: The global cocoa market is buckling under the strain of unprecedented shortages.
bloomberg.com/news/articles/2024-03-28/cocoa-price-rises-drive-market-close-to-breaking-point
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US Race Data to Include New Middle Eastern, Hispanic Categories: The moves are the first changes in a quarter century.
bloomberg.com/news/articles/2024-03-28/us-race-data-to-include-new-middle-eastern-hispanic-categories
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US Logistics to Absorb Bridge Shock — For Now: I’m Chris Anstey, a senior economics editor in Boston, and today we’re looking at the economic implications of the ...
bloomberg.com/news/newsletters/2024-03-27/us-logistics-to-absorb-bridge-shock-for-now
US Pending Home Sales Bounce Back in February 2024: Pending sales of previously-owned homes in the US recovered last month after declining at the start of the ...
bloomberg.com/news/articles/2024-03-28/us-pending-home-sales-bounce-back-after-slumping-in-january
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Switzerland Was Correct to Lower Interest Rates, IMF Says: Switzerland’s surprise reduction in borrowing costs last week was appropriate as consumer-price growth ...
bloomberg.com/news/articles/2024-03-28/switzerland-was-correct-to-lower-interest-rates-imf-says
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US Consumer Sentiment Jumps to Highest Level Since July 2021: US consumer sentiment rose markedly toward the end of March, supported by strong stock-market gains ...
bloomberg.com/news/articles/2024-03-28/us-consumer-sentiment-jumps-to-highest-level-since-july-2021
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Potent Cannabis Strain Legalized in Malawi for Medicinal Use: Malawian legislators legalized the cultivation of a highly potent local variety of cannabis for ...
bloomberg.com/news/articles/2024-03-28/potent-cannabis-strain-legalized-in-malawi-for-medicinal-use
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US Buys 2.8 Million Barrels of Oil as It Fills Strategic Petroleum Reserve: The US purchased 2.8 million barrels of crude for the nation’s emergency oil cache as ...
bloomberg.com/news/articles/2024-03-28/us-buys-2-8-million-barrels-of-oil-as-it-fills-strategic-reserve
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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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Keeping it in the family: This former electronic engineer started a business that now involves his 3 sons - News | Khaleej Times
khaleejtimes.com/lifestyle/keeping-it-in-the-family-this-former-electronic-engineer-started-a-business-that-now-involves-his-3
Foreign Turkey Stock Bears Cut Back on ETF Short Positions: Foreign investors have been cutting down their bets against Turkish stocks, with short positions on ...
bloomberg.com/news/articles/2024-03-28/foreign-turkey-stock-bears-cut-back-on-etf-short-positions
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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.
EM Currencies Miss Reform-Led Emerging-Market Rally as Stocks, Dollar Bonds Gain: Emerging markets are closing the first quarter brimming with turnaround stories ...
bloomberg.com/news/articles/2024-03-28/em-currencies-miss-reform-led-emerging-market-rally-as-stocks-dollar-bonds-gain
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China Vanke Profit Tumbles 46%, Vows to Cut Debt By $14 Billion: China Vanke Co.’s profit tumbled more than analysts expected last year and it vowed to slash ...
bloomberg.com/news/articles/2024-03-28/china-vanke-profit-tumbles-46-vows-to-cut-debt-by-14-billion
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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Bitcoin currently in ‘middle of the bull run’ — Grayscale report: A fresh report from Grayscale concludes that Bitcoin’s bull market still has a way to go.
cointelegraph.com/news/bitcoin-currently-in-middle-of-the-bull-run-grayscale-report
UAE: Free surgeries for low-income people at Kuwait Hospital in Sharjah - News | Khaleej Times
khaleejtimes.com/uae/uae-free-surgeries-for-low-income-people-at-kuwait-hospital-in-sharjah
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.
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
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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Sam Bankman-Fried: Disgraced 'Crypto King' to be sentenced: The former boss of bankrupt crypto exchange FTX is due to be sentenced for multi-billion dollar fraud ...
bbc.com/news/business-68560911
Quick Glance: The Case of Sam Bankman-Fried and Its Aftermath
- Sam Bankman-Fried, a young man convicted of fraud, faces prison time and is likely to remain incarcerated until his 80th birthday.
- Despite quickly amassing wealth by building a digital currency marketplace worth around $32 billion, he misused approximately $8 billion of his customers' savings for luxury expenses and risky investments.
- Politicians and celebrities, including Joe Biden, Mitt Romney, and Gisele Bündchen, received millions from Bankman-Fried while publicly praising and financially supporting him.
- His downfall signifies the failure of an era of cheap money and highlights how society enables financial crimes until they are exposed - a historical lesson from Bankman-Fried's story revealing a larger failure of the financial and political establishment.
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/
The United States announced sanctions on six individuals and two entities based in Russia, China and the United Arab Emirates ... Show more
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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UAE: Lulu employee 'disappears' after allegedly stealing Dh600,000; family missing - News | Khaleej Times
khaleejtimes.com/uae/uae-lulu-employee-disappears-after-allegedly-stealing-dh600000-family-missing
Quick Glance: UAE: Lulu Employee Absconds with Dh600,000; Family Missing
- An Indian expat working at the Abu Dhabi-based hypermarket chain Lulu has allegedly disappeared with cash amounting to Dh660,000.
- The 38-year-old expat from the south Indian state of Kerala was in charge of the cash office at LuLu Hypermarket in Khalidiya Mall in Abu Dhabi City.
- Following his alleged disappearance, the expat's family has reportedly left the UAE without notifying anyone.
- Lulu Group has also filed a complaint against the expat with the Kerala Police with the assistance of the Indian Embassy in Abu Dhabi.
95% discount, Dh10,000 daily prizes: 3 day sale in UAE to begin tomorrow - News | Khaleej Times
khaleejtimes.com/uae/95-discount-dh10000-daily-prizes-3-day-sale-in-uae-to-begin-tomorrow
UAE Weighs 10-Year Golden Business Licenses, Gulf News Reports: The United Arab Emirates is considering granting long-term golden visas for businesses as it ...
bloomberg.com/news/articles/2024-03-28/uae-weighs-10-year-golden-business-licenses-gulf-news-reports
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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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I paid my boyfriend rent since 2012. He’s selling and making $200K. Is it fair?: ‘I have taken care of his first child from another marriage for 12 years’
marketwatch.com/story/my-boyfriend-is-selling-his-home-ive-paid-him-rent-and-helped-raise-our-children-since-2012-would-it-be-fair-to-share-his-200-000-profit-on-the-sale-61231385
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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Elon Musk announces free premium features for some X accounts, are you eligible? - News | Khaleej Times
khaleejtimes.com/business/tech/elon-musk-announces-free-premium-features-for-some-x-accounts-are-you-eligible
Quick Glance: New Availability of Grok AI Announced for X Premium Subscribers
- Elon Musk has officially announced that Grok, the AI chatbot from Musk's xAI, is now accessible to all X Premium users. Previously, Grok was exclusively available to X Premium+ subscribers.
- In March of this year, xAI took a significant step by releasing Grok as an open-source project. This move enables developers and researchers to leverage the powerful 'weights and architecture' behind xAI's Grok chatbot for their projects at no cost.
- The release of Grok is under the Apache 2.0 license, allowing commercial use. Reports indicate that Grok is now available on GitHub, allowing anyone to freely experiment with the 'raw' basic version of the pre-trained Grok big language models.
- Grok, the 'conversational AI for understanding the universe,' was first introduced to the public at the end of 2023. The Grok chatbot can access real-time X data, which sets it apart from competitors, aiming to establish itself as a more modern and edgy alternative to other chatbots.
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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UAE: Gold prices continue to rise day after Dh2 jump - News | Khaleej Times: Among other variants of yellow metal, 22K opened at Dh246.25, 21K at Dh238 ...
khaleejtimes.com/uae/uae-gold-prices-continue-to-rise-day-after-dh2-jump
Saudi Arabia: Up to 50 per cent discount on Haramain High-Speed Railway tickets during Ramadan
gulfnews.com/living-in-uae/ask-us/saudi-arabia-up-to-50-per-cent-discount-on-haramain-high-speed-railway-tickets-during-ramadan-1.1711365918350
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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India: Sadhguru discharged from hospital after undergoing emergency brain surgery - News | Khaleej Times
khaleejtimes.com/world/asia/india-sadhguru-discharged-from-hospital-after-undergoing-emergency-brain-surgery
Boeing had a good week. Now comes the hard part.: These 7 steps can give Boeing a path to recovery
marketwatch.com/story/boeing-had-a-good-week-cleaning-house-but-now-comes-the-hard-part-e5d5aae0
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
Indonesian NFT ‘selfie guy’ makes $1.8M, CryptoPunks sells for $16M: Nifty Newsletter
cointelegraph.com/news/indonesian-nft-selfie-guy-crypto-punks-sells-nifty-newsletter
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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KuCoin Plans $10M Airdrop in Bitcoin and Kucoin Token a Day After DOJ Charges: Cryptocurrency exchange KuCoin’s CEO Johnny Lyu has revealed plans for a major ...
coinmarketcap.com/alexandria/article/kucoin-plans-dollar10m-airdrop-in-bitcoin-and-kucoin-token-a-day-after-doj-charges
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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Bitcoin: Should UAE investors do some profit taking at $69,000 levels? Or wait for 'halving'?
gulfnews.com/business/markets/bitcoin-should-uae-investors-do-some-profit-taking-at-69000-levels-or-wait-for-halving-1.1711598561911
Exclusive: Russia struggles to collect oil payments as China, UAE, Turkey raise bank scrutiny
reut.rs/3PImuFp
Quick Glance: Russia Struggles with Oil Payment Delays from China, UAE, Turkey
- Russian oil firms face payment delays from China, Turkey, and the UAE due to increased bank scrutiny.
- Banks require guarantees for sanctions compliance and have suspended accounts linked to Russian goods trading.
- US pressure on China leads to payment issues, while Russian oil exports are disrupted by sanctions.
- Chinese, UAE, and Turkish banks ramp up checks after a US order, causing further delays in payments to Russia.
Canopy Growth: Verfive- or tenfold increase?: Cannabis Stocks Soar After German Legalization; Canopy Growth CEO Expects Market Growth.
deraktionaer.de/artikel/aktien/canopy-growth-verfuenf-oder-verzehnfachung-20353969.html
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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How Emirati astronaut Sultan Al Neyadi made his acting debut in long-running cartoon Freej
thenationalnews.com/arts-culture/film-tv/2024/03/28/sultan-al-neyadi-freej-interview/
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
The 'bizarrely' overvalued stock market is poised for a big correction and the smart money is moving into cash, chief strategist says
markets.businessinsider.com/news/stocks/stock-market-crash-outlook-smart-money-sp500-bubble-correction-recession-2024-3
The #career doom scroll is nigh — LinkedIn trials TikTok-style videos: A screen recording of a LinkedIn user's phone shows a
businessinsider.com/linkedin-trials-tiktok-style-short-form-videos-2024-3
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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
Coinbase, MicroStrategy and Co: When that happens, things really take off: Crypto Stocks Are Booming; Short sellers bet on pullbacks, but risk a short squeeze.
deraktionaer.de/artikel/aktien/coinbase-microstrategy-und-co-wenn-das-passiert-gehts-richtig-ab-20353989.html
Ethereum DeFi Protocol Ethena Labs Plans 750 million Airdrop of ENA Token: Ethena Labs, a decentralized finance (DeFi) protocol, has announced the distribution ...
coinmarketcap.com/alexandria/article/ethereum-defi-protocol-ethena-labs-plans-750-million-airdrop-of-ena-token
Louvre Abu Dhabi welcomes more than five million visitors: More than 1.2 million guests visited the iconic museum in 2023
gulfnews.com/uae/louvre-abu-dhabi-welcomes-more-than-five-million-visitors-1.101886328
Quick Glance: Louvre Abu Dhabi welcomes over five million visitors
- Since opening in November 2017, Louvre Abu Dhabi has welcomed more than 5 million visitors up to March 2024.
- In 2023, over 1.2 million people visited the museum.
- On March 19, 2024, the museum reached a significant milestone by surpassing five million visitors, solidifying its position as a globally significant cultural landmark.
- Factors such as prominent exhibitions, visits to the Children's Museum, and extensive engagement in educational programs contributed to the substantial influx of guests.
Hong Kong-Based Asset Manager VSFG and Value Partners Files for Spot Bitcoin ETF: VSFG, an asset management company, and its partner, Value Partners ...
coinmarketcap.com/alexandria/article/hong-kong-based-asset-manager-vsfg-and-value-partners-files-for-spot-bitcoin-etf
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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Indian student killed after being run over by truck in London - News | Khaleej Times
khaleejtimes.com/world/asia/indian-student-killed-after-being-over-by-truck-in-london
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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Crypto Stocks Like MicroStrategy, Coinbase Could Shoot Up if Short Sellers Exit: They are "very squeezable" due to short sellers' large positions ...
coindesk.com/business/2024/03/27/crypto-stocks-like-microstrategy-coinbase-could-shoot-up-if-short-sellers-exit/
B.C. Ramps Up Efforts To Seize Assets in Quadriga CX Crypto Scandal: B.C. files rare order to compel accounting of cash, gold, and watches seized after the ...
coinmarketcap.com/alexandria/article/bc-ramps-up-efforts-to-seize-assets-in-quadriga-cx-crypto-scandal
An airstrip is being built on a Yemeni island with 'I LOVE UAE' next to it: As Yemen’s Houthi rebels continue to target ships in a Mideast waterway ...
apnews.com/article/yemen-island-airstrip-houthis-israel-hamas-war-gaza-0ba77bb63497b3239151d4dbd7e78934
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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SingularityNet, Fetch.AI, Ocean Protocol reportedly discuss token merger : The new token would have a fully diluted valuation of $7.5 billion and a potential ...
cointelegraph.com/news/singularity-net-fetch-ai-ocean-protocol-token-merger
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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UAE welcomes 14th group of wounded Palestinian children, cancer patients: Departing from Al Arish International Airport, the plane landed at the Abu Dhabi ...
gulftoday.ae/news/2024/03/27/uae-welcomes-14th-group-of-wounded-palestinian-children-cancer-patients
Crypto is ‘like cayenne pepper’ for investors, money manager says: 'A little goes a long way'
cnbc.com/2024/03/27/crypto-is-like-cayenne-pepper-expert-says-a-little-goes-a-long-way.html
Comedians Chris Tucker and Andrew Schulz to perform in Abu Dhabi: DUBAI: US comedians Chris Tucker and Andrew Schulz are headed to the UAE for the inaugural ...
arabnews.com/node/2483681/lifestyle
Solana’s Jupiter DEX kickstarts native DAO with $137M in initial capital: JUP currently has a diluted market cap of $12.5 billion.
cointelegraph.com/news/solana-jupiter-dex-kickstarts-native-dao-137-million-initial-capital
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