The incoming data tell us that a recession is unfolding. Once that recession is recognized by the business community, the Fed will be forced to stop its tightening. Because it does not survey small businesses, BLS “adds” jobs that it attributes to that segment. Major Indexes Universal Value AdvisorsAs noted, there was a lot of…
Month: May 2022
Saturday, May 7. Russia’s War On Ukraine: News And Information From Ukraine
As Russia’s attack on Ukraine continues and the war rages on, reliable sources of information are critical. Six Russian missiles hit the southern Ukrainian port city of Odesa. Two Russian missiles hit Ukraine’s northern Sumy region near the border with Russia. Intense fighting is continuing in the Kharkiv region as Ukraine tries to regain control…
Nvidia LHR Lock Officially Cracked Bringing Full Crypto Mining Speeds
NiceHash breaks Nvidia’s LHR mining limiter Popular mining software company NiceHash has today released the first software that can fully unlock Nvidia’s light hashrate (LHR) mining limiter on specific graphics cards, unleashing their full speed when mining crypto coin Ethereum. There have been several false starts with the mining community’s efforts to break Nvidia’s light…
‘A De Facto Ban’—Serious Bitcoin Warning Issued As Price Crash Hits Ethereum, BNB, XRP, Luna, Solana, Cardano And Avalanche
The chief strategy officer of $5 billion crypto asset manager CoinShares, Meltem Demirors, warned governments are going to try to ban bitcoin and other cryptocurrencies… Read More
Apple’s Stunning 2022 Security Pact With Google, Microsoft Revealed
It’s not often Apple, Google and Microsoft collaborate like this, but we should all be grateful that they are. Read More
George Kaiser’s Bank Drills Deeper Into the Oil Patch
Banks all over the U.S. and around the world have curtailed lending to the U.S. oil-and-gas sector. BOK Financial has doubled down. Read More
Kentucky Derby 2022: Saturday Odds, Race Day Bets, And The Fractious Battle Royal Of The Favorites
The Derby’s live odds are proving volcanic this year. After the Churchill betting opened Friday, Taiba rocketed to co-favorite. No two-race horse has won the Derby since Leonatus, in 1883. As the race-day money talks, who stays on top is up for grabs. Today will require very agile handicapping. Read More
Joel Embiid Returns, Sparks Philadelphia 76ers To Game 3 Eastern Conference Semifinals Victory Over Miami Heat
After missing the first two games of the Philadelphia 76ers’ Eastern Conference semifinals series against the Miami Heat, Joel Embiid returned on Friday night. Embiid had 18 points and 11 rebounds as the 76ers won, 99-79. The Heat are up two games to one heading into Sunday’s Game 4. Read More
Friday, May 6. Russia’s War On Ukraine: News And Information From Ukraine
As Russia’s attack on Ukraine continues and the war rages on, reliable sources of information are critical. At a meeting with Ukrainian President Volodymyr Zelensky, they discussed further sanctions on Russia and EU candidate status for Ukraine. “You are our closest and most reliable friends because you were the first to support Ukraine from the…
Another Look: Marcum-Friedman Accountant Merger Would Quicken U.S. Firm’s Expansion In Asia
In March, “China Wealth” profiled MBP as a successful New York-based accounting company in China that is now on the move in Southeast Asia with plans to open an office in Singapore this month. “The merger plants a flag signaling our long-term commitment to this market,” Bernstein said. Combined firm will have approximately $1 billion…