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The U.S. Just Reached $50 Trillion in Gross Output

For weekend reading, while commennting on the U.S. gross output, Louis Navellier offers the following commentary: Q3 2021 hedge fund letters, conferences and more U.S. Gross Output Reached $50 Trillion The federal government recently debated passing two bills totaling $5 billion in new spending. The good news is that those bills were not passed, due […] For weekend reading, while commennting on the U.S. gross output, Louis Navellier offers the following commentary: if (typeof jQuery == 'undefined') { document.write(''); } .first{clear:both;margin-left:0}.one-third{width:31.034482758621%;float:left;margin-left:3.448275862069%}.two-thirds{width:65.51724137931%;float:left}form.ebook-styles .af-element input{border:0;border-radius:0;padding:8px}form.ebook-styles .af-element{width:220px;float:left}form.ebook-styles .af-element.buttonContainer{width:115px;float:left;margin-left: 6px;}form.ebook-styles .af-element.buttonContainer input.submit{width:115px;padding:10px 6px 8px;text-transform:uppercase;border-radius:0;border:0;font-size:15px}form.ebook-styles .af-body.af-standards input.submit{width:115px}form.ebook-styles .af-element.privacyPolicy{width:100%;font-size:12px;margin:10px auto 0}form.ebook-styles .af-element.privacyPolicy p{font-size:11px;margin-bottom:0}form.ebook-styles .af-body input.text{height:40px;padding:2px 10px !important} form.ebook-styles .error, form.ebook-styles #error { color:#d00; } form.ebook-styles .formfields h1, form.ebook-styles .formfields #mg-logo, form.ebook-styles .formfields #mg-footer { display: none; } form.ebook-styles .formfields { font-size: 12px; } form.ebook-styles .formfields p { margin: 4px 0; } Get The Full Walter Schloss Series in PDF Get the entire 10-part series on Walter Schloss in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues. (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';}(jQuery));var $mcj = jQuery.noConflict(true); Q3 2021 hedge fund letters, conferences and more U.S. Gross Output Reached $50 Trillion The federal government recently debated passing two bills totaling $5 billion in new spending. The good news is that those bills were not passed, due to a rare spasm of common sense tied to the “debt ceiling” debate. The even better news was a release by the Bureau of Economic Analysis (BEA) that total output in the economy (as measured by gross output or GO) reached $50 trillion in 2021 as of June 30, 2021. That number requires an immediate footnote: The official “GO” figure from the BEA was a record $40.6 trillion, but the BEA omits over $9.6 billion in business-to-business transactions. Dr. Mark Skousen, who helped develop this statistic, adds that back in, reaching $50.2 trillion, calling that the “adjusted gross output” (see the preface to Skousen’s Third Edition of “The Structure of Production” for more details). GDP should total about $22 trillion this year, less than half of $50 trillion, but “GO” is a measure of ALL spending by businesses, government, and individuals. This much more comprehensive statistical measure of growth is more important because measuring just the consumer half of the economy is misleading. Unfortunately, the mainstream press keeps repeating the myth of consumer sovereignty, like this: “The Commerce Department said on Friday that consumer spending, which accounts for more than two-thirds of U.S. economic activity, rebounded 0.8% in August, shrugging off declining motor vehicle sales caused by a global shortage of semiconductors, which is undercutting the production of automobiles.” – Reuters, via Yahoo Finance, October 1, 2021. When you break down the real growth rate differential between business and consumers, it becomes clear that business-to-business spending is growing faster than consumer spending. In the second quarter of 2021, B2B spending grew at an 11.3% real growth rate, two points better than consumer growth (+9.1%). Gross output includes the supply chain, and we all know the supply chain has encountered bottlenecks. Consumers want many products that are in short supply, lying offshore in tankers, so this is building pent-up demand for a wide array of products, but since GDP is over-weighted (70%) into consumer spending, “GO” gives us a clearer picture of business production in providing those goods that are not yet sold. Other Signs of Growth Should Also Support a Rising Market Gross output isn’t the only sign of a growing economy in the second half of 2021. Second-quarter S&P earnings were up over 88% (year-over-year), and Argus Research sees full year 2021 GDP growth at 5.7%, so we’re in a situation in which we don’t need so much blather about, “I’m from the government and I’m here to help you,” to which the proper answer might be, “No thank you, we’re doing just fine.” Looking beyond the political sideshows – which seldom mean much to the stock market after a day or two – the other good news is that the underlying fundamentals continue to be strong. The S&P 500’s forward revenues just hit another record high during the last two weeks in September, according to economist Ed Yardeni. As of the end of September, analysts estimated that S&P 500 operating earnings rose 27% (year over year) in the third quarter, following the 88.6% gain last quarter. During the upcoming earnings reporting season, we can probably expect the actual results to beat these forecasts, creating some bullish “earnings surprises,” coupled with warnings about more possible supply disruptions hurting future quarters – but then something will happen to break those logjams, too. For the full year 2021, we’re likely to see 45% earnings growth, and that likely deserves a rising market. 2021 Year-Over-Year Earnings Growth (Actual and Forecast, as of September 30, 2021) Quarter Percent Gain over 2020 #1: Jan-March +48.3% (actual) #2: April-June +88.6% (actual) #3: July-Sept. +26.9% (forecast) #4: Oct-Dec. +19.9% (forecast) Source: Yardeni Research (for “S&P Operating Earnings Per Share”: analysts’ consensus estimates) Sometimes, too much of a good thing is never enough to brighten the bears’ sullen mood. Some bulls say we are headed into another Roaring 20s (which followed a major pandemic and a “flash crash” 100 years ago), but the bears counter that we are heading into “stagflation” (stagnation plus inflation) after a long, losing Asian war (Afghanistan=Vietnam) and the end of an impeachable Republican President (Trump = Nixon), like 50 years ago, so an army of bears see this as the 1970s (or 1929, or 1987, or 2008), while the fewer but wiser squadron of long-term bulls look to the last 100 years and say, “Stick with stocks, silly!” Mark Hulbert recently wrote this about the record of the best market timers in the Wall Street Journal: “Think back to October 2007. Even though the S&P 500 was about to embark on a 16-month decline of 57%, virtually none of the approximately 100 stock-market timers that my firm monitors were envisioning anything of the sort. This failure was true even for those market timers with the best long-term records coming into that month. One of the top long-term performers at the time was telling clients that a bear market was such a remote possibility that it wasn’t even on his radar screen. Another moved from being fully invested to going 25% on margin-borrowing to invest even more in stocks – the day before the exact day of the S&P 500’s bull market high. If these market professionals with good long-term records weren’t able to anticipate the beginning of one of the most serious bear markets in U. S. history, you’re kidding yourself if you think you can consistently do any better.” –Mark Hulbert, “Bull Markets Don’t Usually End with a Bang.” Wall Street Journal, October 2, 2021 At its worst, the S&P 500 is only down 5% from its pre-Labor Day peak, and it hasn’t seen a 10% drop in the last 18 months. Someday we’ll see a 10% correction and it will feel like 1987 all over again due to the long delay in coming, but it will be just a speed bump in the rear-view mirror of life, like 1987 is now. Trust the fourth quarter and its stock market. Good things usually happen at the closing of the year. Updated on Oct 15, 2021, 5:11 pm (function() { var sc = document.createElement("script"); sc.type = "text/javascript"; sc.async = true;sc.src = "//mixi.media/data/js/95481.js"; sc.charset = "utf-8";var s = document.getElementsByTagName("script")[0]; s.parentNode.insertBefore(sc, s); }()); window._F20 = window._F20 || []; _F20.push({container: 'F20WidgetContainer', placement: '', count: 3}); _F20.push({finish: true});.....»»

Category: blogSource: valuewalk11 hr. 33 min. ago Related News

How to view Instagram Stories anonymously in 3 different ways

You can view Instagram Stories anonymously by using an unidentifiable account or, to an extent, by turning on airplane mode. There a few methods you could use to view an Instagram Story anonymously. Mikael Vaisanen/Getty Images You can view Instagram Stories anonymously by using an unidentifiable account or, to an extent, by turning on airplane mode. Third-party sites and apps that promise anonymous Instagram Stories viewing can be unreliable and may not be secure, though some do work. Visit Insider's Tech Reference library for more stories. When viewing Instagram Stories, it's important to note that the user who posted the story is able to see who viewed it. Generally speaking, this doesn't cause a problem, but there may be a time that you want to view someone's Instagram Stories discretely. There are a few different ways you can go about viewing stories without letting the poster know it was you, though each method will have varying degrees of success.Note: If you're looking to view a private account's stories anonymously, you'll need to be following it; otherwise, the below methods will only work for public accounts.How to view Instagram Stories anonymouslyUse an anonymous Instagram accountPerhaps the best way to anonymously view someone's Instagram Stories is by using an Instagram account that isn't automatically identifiable as you. If you already have another account set up, it's as easy as adding the account on Instagram and switching between the two whenever you want to view someone's Instagram Stories without them knowing. Add an additional Instagram account. Jennifer Still If you haven't already created an additional Instagram account, you'll need to sign up for a new one before adding it to your app.Turn on airplane modeIt's possible to view someone's Instagram Stories anonymously by ensuring your mobile device has airplane mode enabled before you tap on them. Because Instagram automatically preloads several stories to enable instant viewing even when you're without a reliable Wi-Fi or data connection, you can theoretically view one without being seen. Turn on airplane mode on your mobile device. Jennifer Still To try this out, you need to pull up the account's profile in the Instagram app, then enable airplane mode on your device before heading back into the app and tapping on the user's stories. However, if the user in question has posted many stories sequentially, the app likely won't have preloaded them all so they won't all be viewable on airplane mode. Use a third-party app or siteThere are a number of third-party apps and websites that purport to allow you to view someone's Instagram Stories anonymously, without the need to log in. Many of these sites aren't particularly secure and some don't even work, however, so them use at your own discretion.If you are looking to use one, though, in a test we conducted, the website InstaStories successfully viewed a public account's stories without notifying the user of a view. Simply enter an account handle on the site's homepage to view an account's stories. Note that the site only works for public accounts, and won't be able to access a private account's stories. How to change the Instagram icon on an iPhone or Android and customize the app's appearance on your home screen8 ways to troubleshoot Instagram if it's not working properlyHow to log into Instagram from a mobile device or computer, or troubleshoot if you can't log inHow to change your Instagram password or reset it if you've forgotten itRead the original article on Business Insider.....»»

Category: topSource: businessinsider11 hr. 33 min. ago Related News

Rush hour is coming back, but slower traffic hasn’t meant fewer crashes. Here’s why.

Safety advocates say pandemic behaviors could be to blame for the number of injuries and deaths on roadways.Safety advocates say pandemic behaviors could be to blame for the number of injuries and deaths on roadways......»»

Category: topSource: chicagotribune12 hr. 5 min. ago Related News

: ‘It’s a toxic-masculinity thing’: Pete Buttigieg faces backlash for taking paternity leave — a stigma many dads know well

Fox News host Tucker Carlson and others have criticized the transportation secretary for his recent paternity leave, but others have asserted the value of such bonding time......»»

Category: topSource: marketwatch12 hr. 49 min. ago Related News

Puget Sound Business Journal unveils this year"s Power 100 — Part 4

This week the Business Journal is pulling back the curtain on its annual list of power brokers, newsmakers, influencers and luminaries — otherwise known as the Power 100. The final installment illustrates how tech giants are bringing more power and influence to the Eastside......»»

Category: topSource: bizjournals13 hr. 17 min. ago Related News

A Russian spacecraft pushed the space station out of position and sent astronauts into emergency mode - again

A Russian actress and director are on the station filming a movie in space. They're supposed to return on the glitching spaceship. A Soyuz spaceship carrying a Russian film crew and a cosmonaut approaches the International Space Station, October 5, 2021. NASA A Russian spaceship fired its thrusters and briefly pushed the International Space Station out of position on Friday morning. NASA told its astronauts to follow emergency procedures, according to The New York Times. A Russian film crew is on the ISS and scheduled to take the errant spaceship back to Earth on Sunday. A Russian spacecraft pushed the International Space Station out of position on Friday morning, prompting astronauts to go into emergency mode. It's the second time Russian hardware has caused such an incident since July. Cosmonaut Oleg Novitsky was conducting engine tests on the Soyuz spaceship, which is docked to the ISS, on Friday morning when its thrusters fired too aggressively. That moved the station out of its normal orientation, The New York Times reported.The precise cause is not yet clear, but NASA mission control in Houston told its astronauts that the station had lost control of its orientation and instructed them to follow emergency procedures.Russia's space agency, Roscosmos, later said in a statement that the ISS orientation was "temporarily changed" but "swiftly recovered," and that nobody on board was in danger.Neither agency has revealed how much the space station moved, or for how long. The International Space Station in orbit above Earth. NASA/Roscosmos "As you can well imagine, when things start going off the rails like that, there's enough noise on the radar that the clarity of what actually happened is a bit of a mystery," NASA flight director Timothy Creamer told US astronauts after the Soyuz engines stopped firing, according to the Times."We think - and we haven't got confirmation - we think the thrusters stopped firing because they reached their prop limit," Creamer said, according to the Times ("prop" usually refers to propellant). "Moscow is checking into it and doing their data analysis."In addition to astronauts and cosmonauts living on the orbiting laboratory, a Russian actress and director are currently onboard filming a movie. They launched on October 5 and are scheduled to return to Earth on Sunday, using the spaceship that caused the incident.NASA mission control mentioned that the incident delayed a film shoot in the space station's cupola window, according to the Times. It's unclear if this incident will affect the Russian film crew's schedule for returning to Earth or the spaceship's ability to make the trip.A different Russian spacecraft flipped the ISS upside down in July A screenshot from NASA's livestream shows the Nauka module approaching its port on the International Space Station, July 29, 2021. NASA via Youtube This is the second time this year that a Russian spacecraft has pushed the ISS out of position. Roscosmos launched a new module, called Nauka, to the ISS in July. Shortly after it docked to the station, Nauka began unexpectedly firing its thrusters, trying to pull itself away from the football-field-sized station. A tug of war ensued between the errant module and the four gyroscopes that typically keep the ISS steady.Nauka's thrusters wound up spinning the ISS around 540 degrees and flipping it upside down before flight controllers regained control an hour later.The crew was never in danger during that incident, according to NASA. They didn't even feel the station move or shake.That said, Zebulon Scoville, who was in charge of NASA mission control that day, told the Times that it was the first time he'd had to declare a "spacecraft emergency" in his seven years as a flight director.NASA defines such an emergency as "an anomalous state" that would result in the loss of the entire space station if it were to continue."We knew we had a limited amount of time," Scoville said.Aylin Woodward contributed reporting.Read the original article on Business Insider.....»»

Category: dealsSource: nyt13 hr. 33 min. ago Related News

27 cool gift ideas for the music lover in your life

If they love music, you'll want to gift them something that reflects their passion. These gifts are perfect for musicians and music fans alike. When you buy through our links, Insider may earn an affiliate commission. Learn more. These gifts are perfect for musicians and music lovers alike. Vinyl Me Please/Instagram The music lover in your life can always be found listening to or playing music. Here are 27 gift ideas to fuel their passion for songs, bands, instruments, and any genre of music. Still looking for a great gift? Check out our list of the All-Time Best products we've ever tested. Table of Contents: Masthead Sticky There are the people who casually listen to whatever happens to be on the radio, and then there are the people who spend hours carefully curating playlists, filling their calendars with concerts, and even playing music themselves.This gift guide is for the latter group, who don't just like music but love it. To fuel their passion, you can gift them something that elevates their listening experience, teaches them something new about music, or puts them right in front of their favorite singer.Due to the impact of the pandemic on the music industry, we also suggest looking at their favorite local music store or live event venue for merch and gift cards. Or, you can make a donation to local musician funds and venues in your recipient's name.The 27 best gifts for music lovers: A gift card for future concert tickets StubHub StubHub Gift Card, from $25, available at StubHubWhether their favorite musicians are performing again or your gift recipient wants to wait a little longer before comfortably going to concerts again, a gift card for concert tickets is won't go to waste — and gives them something to look forward to. The best noise-canceling headphones Sony Sony WH-1000XM4 Wireless Headphones, $348, available at AmazonThe best gift is the gift that improves their music-listening experience. For that, we recommend our favorite noise-canceling headphones — Sony's WH-1000XM4 — that balance sound quality, noise cancellation, and comfort with a solid price.You can find more good noise-canceling headphone options here. A microphone that brings karaoke to their home Uncommon Goods Karaoke Microphone Speaker, $50, available at Uncommon GoodsThis karaoke speaker will help liven up all special events and get-togethers. They'll need to download an app to connect the microphone to their phone and then they'll be all set to sing their heart out all night long. A cocktail recipe book that pairs good music with good drinks Amazon Booze & Vinyl: A Spirited Guide to Great Music and Mixed Drinks, $22.49, available at Barnes & NobleCombining two great pastimes, the fun guide features 70 albums from the '50s through the 2000s and an A-side and B-side cocktail for each one. They're organized by mood, so your recipient will know just what pairing to use for the night.   Classic rock albums turned into coasters Etsy 2VinylCats Classic Rock Records Coasters (Set of 4), $24.95, available at EtsyThese record coasters are made of labels cut from vintage vinyl records. One order comes with four coasters with popular '70s and '80s musicians. A digital lecture on how music changes the brain One Day University How Music Shapes the Brain by Dr. Indre Viskontas, $35, available at One Day UniversityLearning and performing music changes the brain, which is why neuroscientist and opera singer/director Dr. Indre Viskontas says the musician's brain is hailed as a model of neuroplasticity.Even listening to music can change the brain, and in this short, affordable lecture, Viskontas explains how — and what — music can tell us about what it means to be human. Learn more about how One Day University works here. A fun music association game Amazon Game That Song Music Card Game, available at Amazon, $19.99The rules of this card game are simple. Everyone must choose a song based on a random card prompt, such as "a song to play that brings back good memories" or "a song to play about time." Then, everyone playing votes on the best song selection.You can play this fun, challenging game with their family, friends, or other loved ones to learn more about everyone's music preferences. A vintage band tee Urban Outfitters The Rolling Stones Tie-Dye Tee, $39, available at Urban OutfittersUrban Outfitters offers tons of graphic T-shirts featuring the logos and designs of classic artists and bands like Nirvana, Sublime, Metallica, and The Notorious B.I.G. A vinyl record membership Vinyl Me, Please Three-month Gift Membership, $119, available at Vinyl Me, PleaseRecord owners experience no greater joy than when they get to add to their collection and play a new vinyl for the first time. Your recipient will choose from three different types of tracks each month and will also receive extra goodies in each package. The three-month membership includes one bonus record.  Pasta shaped like music notes Amazon Pastabilities Music Pasta (2-Pack), $12.99, available at AmazonIf they like playing music as much as they like playing with their food, here's a fun, edible gift they can cook right away.  A poster of famous guitars Popchart A Visual Compendium of Guitars 18"x 24" Print, $30, available at Pop ChartCan they identify all the guitars held by famous rockers in this eye-catching print? They'll find the musical companions of  Jimi Hendrix, Tom Petty, Kurt Cobain, Joan Jett, and many other iconic musicians.  A custom plaque of a song they love Etsy Personalized Glass Acrylic Music Plaque, available at Etsy, from $15.74Submit your recipient's favorite song to make this eye-catching acrylic plaque. You can use an album cover or a personal picture to make this gift feel even more special. You can also opt for a stand so they can keep the plaque close by on their desk or any other surface. A Cameo appearance from their favorite musician Cameo Cameo appearance, available at Cameo, from $50Make their day by gifting them a special video message from their favorite musician. With hundreds of artists to choose from, you can filter artists by your recipient's favorite music genre.If you want to go the extra mile, some artists offer availability for one-on-one chats and Zoom calls. Some musicians you can find on the site include Snoop Dogg, Kenny G, and Ice T. A customizable record doormat Uncommon Goods Personalized Record Doormat, available at Uncommon Goods, $35Turn their favorite record into a treasured home decor piece with this thoughtful gift. Personalize this doormat with their favorite record title and their name to make this gift feel like it was made just for them. A turntable that doubles as a Bluetooth speaker Best Buy Sony Bluetooth Stereo Turntable, available at Best Buy, $229.99No music lover's vinyl collection is complete without a turntable that can play their favorite records over and over again. This turntable from Sony not only has incredible sound quality but also doubles as a Bluetooth speaker, allowing them to play music from their other devices. A pair of warm, music-themed socks Amazon Foot Traffic Novelty Socks, $11, available at AmazonThese soft and comfortable socks come in a variety of music-themed patterns, from a simple but striking piano keyboard to an ensemble of orchestral musicians.  A cool music mixing game Amazon DropMix Music Gaming System, $44.99, available at AmazonDropMix is a fast-paced game that challenges them to make new and unexpected mixes with popular tracks they already know and love. It'll be a hit among competitive music lovers and experts. A pair of wireless earbuds Apple AirPods with Charging Case, $119.99, available at Best BuyApple AirPods are far from perfect, but we have to admit they're really convenient. They're the easiest earbuds to pop into their ears since they're light and pair automatically with their phone, and they'll stay in surprisingly well.  Pencils they won't be able to stop drumming on their desk Amazon Suck UK Drumstick Pencils, $7.95, available at AmazonThese clever pencils are an easy stocking stuffer for budding and experienced drummers alike.  A high-end visual speaker Cotodama Cotodama Canvas Lyric Speaker, $1,900, available at Cotodama This sleek WiFi-enabled speaker, which integrates seamlessly into their living room or bedroom, recognizes and artistically displays the lyrics of the song as it plays.The sound quality is also top-notch, which isn't a surprise since the company behind it is part of an incubator run by the famous Abbey Road Studios. An online class taught by a film-scoring legend Masterclass Hans Zimmer Film Scoring Class, $180, available at MasterClassUnless you've been living under a rock, you've heard the work of film score composer Hans Zimmer. Through lessons on tempo, character themes, sound palettes, and more, the composer of over 150 movies including "Inception" and "The Lion King" shows students how he makes movie score magic.  A waterproof portable speaker Ultimate Ears/Instagram Ultimate Ears Boom 3 Portable Waterproof Bluetooth Speaker, $149.99, available at AmazonThe loud and powerful UE Boom 3 delivers 360-degree sound and has a long battery life, perfect for outdoor hangouts. They can even continue being DJ at the beach or in the tub because the speaker is waterproof.  A book about why humans love music Amazon This Is Your Brain on Music: The Science of a Human Obsession, $13.19, available at AmazonThis fascinating book delves into why music is so important to us, and is written by someone with a firm grasp on both the artistic and scientific sides of it: A neuroscientist who previously worked as a session musician, sound engineer, and record producer. A smart speaker Target Amazon Echo (4th Generation), $99.99, available at TargetThey'll be able to stream music from Amazon Music, Apple Music, Spotify, Pandora, SiriusXM, and more without even lifting a finger. The newest version of the popular Echo device has even better audio features than before: 360-degree Dolby-powered audio, dynamic bass response, and personalized equalizer settings.  Wine glasses they can play songs with Uncommon Goods Major Scale Musical Wine Glasses (Set of 2), $68, available at UncommonGoodsThese special wine glasses have lines labeling different notes of the scale, so they can play a tune with their finger while enjoying their favorite red or white.  A way to organize their concert ticket stubs Amazon Just the Ticket: Ticket Stub Organizer, $9.46, available at AmazonVideos and photos aside, a way to remember their concerts, down to the exact seat in the venue, is this ticket stub diary. There's also space on each page to jot down notes and memories to look fondly back on later.  Cufflinks shaped like a sixteenth note and treble clef Cufflinks.com Cufflinks, Inc. Music Notes Cufflinks, $55, available at Cufflinks.comThese small accessories are the perfect finishing note on their ensemble, whether they're heading to work or the symphony.  Read the original article on Business Insider.....»»

Category: dealsSource: nyt13 hr. 33 min. ago Related News

Apple is expected to reveal new MacBook Pros on October 18 - here"s how to watch the big announcement

Apple may announce a new MacBook Pro, Mac Mini, and more during its latest launch event. You can watch the announcement on October 18 at 1 p.m. ET. When you buy through our links, Insider may earn an affiliate commission. Learn more. Apple's "Unleashed" event will stream on October 18. Apple You can watch Apple's "Unleashed" event live on October 18 at 1 p.m. ET. Apple is expected to announce new MacBook Pros, and could reveal a new Mac Mini and the AirPods 3. The event will stream on Apple.com, YouTube, and the Apple TV app. Apple's next product event is titled "Unleashed," and it will be streamed on October 18 at 1 p.m. ET. After revealing the iPhone 13 at its previous event in September, Apple is expected to announce an upgraded MacBook Pro on Monday.A more powerful Mac Mini could also be announced, and it's possible we may finally see the long-rumored AirPods 3.How to watch Apple's 'Unleashed' launch eventYou can watch Apple's "Unleashed" launch event online on October 18. The event starts at 1 p.m. ET and will be available to stream on Apple.com, the Apple TV app, and YouTube.All major browsers, like Chrome, Firefox, and Safari, can stream the launch event through Apple.com. You can also watch the launch live through the dedicated Apple TV app.The "Unleashed" event will be available to watch on YouTube as well, but Insider has noticed a slight delay when watching YouTube streams during previous Apple events. We recommend streaming the event directly from Apple to avoid any delay.What to expect from Apple's upcoming eventThere are multiple Apple products rumored to make an appearance during the company's event on October 18, but a new MacBook Pro is expected to be the highlight.Reporting from Bloomberg suggests that the updated MacBook Pro will be fitted with an upgraded version of Apple's M1 processor instead of an Intel chip. The new laptop is expected to launch with 14-inch and 16-inch display options, along with a MagSafe charger and an HDMI port. The Touch Bar located at the top of the keyboard on current MacBook Pro models may be removed in this redesign.The current Mac Mini desktop computer already has an M1 processor, but a more powerful version of the product is also rumored to be announced on Monday.Apple could finally launch the third iteration of its AirPods as well. The long-rumored AirPods 3 are expected to have shorter stems and come with an updated charging case.Check out our Apple coverageOn October 18, Insider will have complete coverage of every announcement from Apple's "Unleashed" event. Check back on launch day for up-to-date product news and comprehensive breakdowns.Right now, you can read our roundup of the best MacBooks and our review of the MacBook Air. Trying to decide if you should purchase the AirPods Pro? Our tech experts weighed in on whether or not the wireless earbuds from are worth it.Read the original article on Business Insider.....»»

Category: dealsSource: nyt13 hr. 33 min. ago Related News

62 affordable yet thoughtful gifts for her that are all under $50

We've found 62 gifts she's sure to love, and none cost more than $50. From jewelry to cookbooks and plants to painting kits, we have you covered. When you buy through our links, Insider may earn an affiliate commission. Learn more. Uncommon Goods If you're looking for an affordable gift for her, here's a list of 62 options under $50. Whether for the holidays, a birthday, or just because, she'll love any of these thoughtful picks. Still looking for a gift? Check out our list of the All-Time Best products we've ever tested. Gift-giving isn't always easy, no matter how well you know the person you're shopping for. If she's interested in tech, there are a million options to choose from. The same goes for beauty products, kitchen gadgets, books, subscriptions, and so on. It also depends on who you're shopping for, whether it's your sister, mom, partner, or friend.To make it easier, we've put together a list of great gifts under $50 that we think she'll love, no matter the occasion. And in case you're shopping for a last-minute gift, most of these items are available with expedited shipping, and some should arrive within a few days.Here are 62 gift ideas for her, all under $50: A trio of succulents for the aspiring plant person The Sill; Business Insider Succulent Assortment, available at The Sill, from $19For plant newbies, there's nothing better than to start with tiny succulents. Marked by the brand as best for beginners, the fresh houseplants will be delivered straight to her doorstep. This assortment can include either three succulents or six succulents, with both options under $50. Read our full review of The Sill here. The at-home blowout tool Amazon One-Step Hair Dryer And Volumizer Hot Air Brush, available at Amazon, $34.89This all-in-one hairdryer from Revlon garnered a large following online and won the hearts of the Insider Reviews team. It rivals luxury hair tools at a fraction of the price. It's a gamechanger for cutting down on time and heat damage to your hair without sacrificing your look. Read our full review of the Revlon One-Step Hair Dryer and Volumizer Hot Air Brush here. A DIY birth month flower kit Uncommon Goods Birth Month Flower Grow Kit, available at Uncommon Goods, $35For a twist on the traditional bouquet, give her this flower kit that's an easy and fun project. She'll appreciate the personal touch of choosing her birth month flower, whether it be a sunflower, daisy, or marigold. A pair of wearable weights Uncommon Goods Balabangles Wearable Weights, available at Uncommon Goods, $49If she's into fitness, these one-pound weights are a chic and comfy choice. They are adjustable and can be worn on the wrists or ankles. Available in either black or pink soft silicone material, this stylish workout tool adds intensity to any workout or everyday chores. A simple yet sweet bracelet Catbird Catbird Two Souls Bracelet in Baby Blue, available at Catbird, $24There's nothing quite like pearls, and this simple but elegant bracelet has a couple nestled together. An Amazon Echo Dot Amazon An Echo Dot (4th generation), available at Amazon, $34.99Maybe she needs something better than her phone or her laptop to play music. This isn't exactly a booming sound system by any means, but it will more than suffice.  A massager to melt away tension Zyllion Shiatsu Massager, available at Amazon, $49.95This shiatsu massager is one of the best things we've ever bought. It kneads away tension and stress in the back and shoulders and can even be used on sore leg muscles after a workout. She'll be thanking you for years to come.Read our full review of the Zyllion Shiatsu Massager here.  A live lobster dinner Lobster Anywhere A live 1.5-pound lobster, available at Lobster Anywhere, $44.95Maybe you're too far away for a romantic dinner this year, but that doesn't mean you can't spoil her. Or maybe you are home — tack on another one for yourself and cook her a dinner to remember. A customizable photo book Artifact Uprising; Business Insider Color Series Photo Book, available at Artifact Uprising, from $22Get a little sentimental by commemorating their life highlights with this custom photo book. You can choose from 10 colors and fill up to 30 pages with photos, cool layouts, and special messages. A letter subscription service for the history buff Uncommon Goods History by Mail Six-Month Subscription, available at Uncommon Goods, $40Once a month for six months, this mail subscription service will send detailed replicas of historical documents, like Albert Einstein's correspondence with FDR. A team of archivists digs up fascinating historical documents, and graphic designers replicate them — handwriting, signatures, and all.  A picnic blanket that's super comfortable Moosejaw Victory Blanket, available at Moosejaw, $43.99This blanket has a soft flannel top and waterproof bottom, plus straps to keep it compact and loops to hold it down on windier days. We've even ranked this one as the best for comfort in our guide to the best picnic blankets. A puzzle that commemorates a special date Uncommon Goods New York Times Custom Front Page Puzzle, available at Uncommon Goods, from $49.95Celebrate her special day — birthday, anniversary, or milestone — with this interactive memento. Enter any date since 1851 and find the New York Times front page printed from that exact date. An all-purpose tote with a detachable wristlet Nordstrom Street Level Reversible Faux Leather Tote and Wristlet, available at Nordstrom, $49A plain tote may seem like a boring gift, but this one is reversible and features a detachable wristlet. You're getting three different bags for $50. It's a utilitarian gift with a fashion-friendly twist. A workout tee for all seasons Under Armour; Business Insider Women's UA Tech Twist V-Neck, available at Under Armour, $24.99This bestselling workout shirt from Under Armour will keep them moving with four-way stretch construction and quick-drying, sweat-wicking fabric. Its looser fit makes it comfortable, and it comes in 15 colors. A wearable sherpa blanket Amazon The Comfy Oversized Wearable Blanket, available at Amazon, $44.95As seen on Shark Tank, this wearable blanket lets you take comfort wherever you go. The plush, fluffy lining will keep her warm and cozy while lounging, camping, and more. Choose from 17 fun colors and opt for the original hoodie style or the quarter zip. Its large, oversized design is one size fits all. A reusable tote bag for trips to the market The Little Market Shopping Tote - Market Finds, available at The Little Market, starting from $20This tote is both a convenient and sturdy way to take home your groceries. It's handmade and supports artisan women in rural Bangladeshi communities. A box of chocolate bars from Madagascar The Little Market Chocolate from Madagascar Flight, available at The Little Market, $34The chocolate connoisseur in your life will savor this gift box of four dark chocolate bars from Madagascar. She can indulge in flavors like Salted Almond, 80% Dark, Toasted Coconut, and Sea Salt, but you can also opt out of specific flavors to fit her taste preferences. A painting kit for beginners Uncommon Goods Springtime Paint-by-Number Kit, available at Uncommon Goods, $30If she's artistic — or strives to be — she'll appreciate this painting kit that anyone can follow with ease. Creating her work of art will take up to three hours, but she'll end up with a frame-worthy masterpiece. A coffee-and-tea bundle Bean Box A coffee and tea tasting box, available at Bean Box, $46For your favorite fan of both morning beverages, Bean Box offers a gift box with four coffees and four teas. A Kindle case that looks like her favorite book Amazon KleverCase Kindle Paperwhite Case, available at Amazon, from $29.95You'll find many classic book covers cleverly printed onto Kindle cases, along with one that looks like an unmarked leather-bound book. All she has to do is pop it on her e-reader. An exceptionally useful set of silicone container lids Food52 Five Two Airtight Silicone Lids, available at Food52, $40If she enjoys cooking, chances are she's probably spent a good amount of time trying to find the right container and lid for her leftovers. These silicone lids are a snap. All you have to do is pop one over a bowl or baking dish, and you get an airtight seal for easy storage in the fridge. A cold brew maker Amazon; Business Insider Patented Deluxe Cold Brew Iced Coffee Maker, available at Amazon, $22.20Caffeine lovers who can't get enough of their favorite drink tend to spend a lot of money at coffee shops to get their fix. Make it easier for her to drink cold brew at home with this simple-to-use brewing pitcher.Read our full review of the Takeya Patented Deluxe Cold Brew Ice Coffee Maker here. Wine-inspired bath soaps Uncommon Goods Set of Four Wine Soaps, available at Uncommon Goods, $30This all-natural vegan soap mimics red and white wines with its oils and scents, offering a unique way to wind down after a long day. The set includes chardonnay, cabernet, pinot noir, and pinot grigio. An Alexa-enabled smart plug Amazon; Business Insider Alexa-Enabled Smart Plug, available at Amazon, $24.99This voice-controlled smart plug allows her to control lights, chargers, and whatever else she wants through Alexa. She can also use the Alexa app to turn the outlets on and off if she doesn't have an Echo. An inexpensive accessory for her phone Amazon; Business Insider PopSockets, available at Amazon, from $10PopSocket Grips are an inexpensive but extremely useful gift she'll be happy to have. She can stick them on the back of her phone, Kindle, iPad, or any other device to create a comfortable grip that allows her to hold her device one-handed. A perfume subscription Scentbird Scentbird subscription, three months for $44If she loves to switch up her scents, Scentbird is an affordable service that lets her choose a month's supply of perfume from thousands of well-known and new fragrances. With a three-month subscription, she can try something new or stick to the ones she knows and loves. A monthly book subscription Book of the Month Club Book of the Month, three months, starting at $49.99Each month, this service curates five book choices — some of them early release — and she'll choose her favorite. The service will send the book directly to her. She can also skip a month if she's behind on her reading. A portable charger that also lights up the bottom of her bag The Grommet Smart Handbag Light and Charger, available at Uncommon Goods, $35.95No more frantically searching for gum or lip balm at the bottom of her giant tote bag — this little light can be attached to her keychain or even a zipper on her bag so she can easily see everything in its depths. It can also charge her phone. A monthly subscription to handpicked rental jewelry pieces Rocksbox/Insider Rocksbox Jewelry Subscription Box, available at Rocksbox, $21 per monthIt's hard to gift jewelry she'll love, so give her options. This monthly subscription box offers three pieces of jewelry for rent, according to her style. From a choker necklace to statement earrings, the choices are vast. The monthly membership allows her to wear and swap sets whenever she likes, with the option to buy them for an additional price. An adjustable rolling pin Amazon; Business Insider Adjustable Rolling Pin, available at Amazon, from $24.99Anyone who loves to bake will appreciate this adjustable rolling pin that allows for more precision with dough thickness. All she'll have to do is remove or add the different-sized rings and let them guide her. A letter board where she can leave notes or fun messages Amazon/Business Insider Felt Like Sharing Felt Letter Board, available at Amazon, from $23.95Sporting events, holidays, parties — there are a ton of occasions during which these come in handy. She'll also love being able to play around with it day to day at home with her favorite lyrics, phrases, or even messages to roommates. A pretty place to keep her phone Uncommon Goods Bedside Smartphone Vase, available at Uncommon Goods, $32This bedside vase is a fun way to spruce up her nightstand, whether with fresh or faux flowers. It also works beautifully in the kitchen if she likes to follow recipes using her phone. A wine saver for open bottles Amazon; Business Insider Wine Saver, available at Amazon, $14.95Sometimes you just can't finish the bottle of wine. That's when the Vacu Vin comes in. It's a simple, small gadget that removes the oxygen from your open bottle and gives it an airtight seal to preserve the freshness and prevent oxidation. A trendy candle she's probably already got her eyes on Otherland Otherland Candles available at Otherland, $36An Otherland candle makes for one of the best gifts you can give for any occasion. They come beautifully packaged, and they feature scents that are complex and rich.Read our full review of Otherland candles here. A popular cookbook she's probably seen on Instagram Amazon; Business Insider "Dessert Person" by Claire Saffitz, available at Target, $22.24Whether she's new to the kitchen or it's her favorite room in the house, she can try lots of easy-to-make desserts from Claire Saffitz's cookbook.The Insider Reviews team has also loved "Indian-ish: Recipes and Antics from a Modern American Family" by Priya Krishna, which is chock full of Indian-American and nontraditional recipes like Roti Pizza and Saag Feta. Check out our guide to the best cookbooks here.  A flexible herb garden for the home Uncommon Goods; Business Insider Mason Jar Indoor Herb Garden, available at Uncommon Goods, $22She doesn't need a green thumb to make these herbs grow. These pretty jars can hold fresh basil for sauces, mint to kick up her cocktail game, and more. A way for her to share and pass down memories and traditions Uncommon Goods My Life Story So Far, available at Uncommon Goods, $30This book is like a guided journal for her to record her memories, accomplishments, and experiences. No matter her age, it's something she'll undoubtedly enjoy keeping track of and sharing with others. A natural body scrub Herbivore Botanicals Coco Rose Exfoliating Body Scrub, available at Sephora, $36Pamper her with this coconut-and-rose-infused body scrub that gently exfoliates. It'll leave her skin feeling soft and moisturized – not to mention she'll smell wonderful wherever she goes. You can read more about this product in our guide to the best body scrubs.  A tablet for easy entertainment Amazon Fire 7 Tablet with Alexa, available at Best Buy, $49.99Great for traveling or lounging at home, the Amazon Fire 7 Tablet is an affordable way to stay connected to all her favorite apps, games, and streaming services on a larger screen than her phone. A fashion-friendly belt bag Nordstrom Herschel Belt Bag, available at Nordstrom, from $32Belt bags (aka fanny packs) are making a comeback. They're practical and a simple way to add a stylish pop to any outfit. An excellent cookbook for entertainers Amazon; Business Insider "Platters and Boards: Beautiful, Casual Spreads for Every Occasion" by Shelly Westerhausen, available at Amazon, $15.38If having people over is more of a pleasure than a chore for her, she'll adore this cookbook full of clever recipe ideas for casual entertaining. A comfy neck pillow for trains and planes Amazon Neck Pillow, available at Amazon, $29.99If she goes on a lot trips (or has travel anxiety), the gift of comfort is one she'll appreciate.Read our full review of the Trtl Neck Pillow here. A smart way for her to stay organized while traveling Amazon; Business Insider Travel Cord Roll, available at Uncommon Goods, $20Frequent travelers need a way to keep all their cords and cables organized. This leather roll-up organizer has eight slots for cords and headphones, plus a pouch where your charger base can fit. A clever way to collect accomplishments and hopes Uncommon Goods Birthstone Wishing Balls, available at Uncommon Goods, $34These lovely, handblown glass balls have a small hole at the base. Your giftee writes a wish or achievement on one of the 52 included slips of paper. A year later, she'll have a display piece full of meaning. A guide full of inspiration for her future adventures Anthropologie; Business Insider "The Bucket List" by Kath Stathers, available at Anthropologie and Amazon, from $21.49This worldwide bucket list won't cure her wanderlust, but it'll definitely provide her inspiration and fodder for planning her travels. A tinted lip balm with sun protection Nordstrom Sugar Tinted Lip Treatment, available at Nordstrom, $24If her beauty preferences tend to be more natural, she likely loves a good tinted lip balm. Fresh makes some of the best — the color options are universally flattering, and the formula is smooth, hydrating, and buttery. We've even named this the best option with SPF in our guide to the best tinted lip balms.  An armband that holds her phone on runs or at the gym Amazon Water-Resistant Arm Band, available at Amazon, $14.98If she loves to run or spends a lot of time at the gym, this top-rated armband will be a lifesaver. Just make sure you know what model phone she carries, as the sizing may differ. A makeup and skincare subscription Birchbox Birchbox three-month gift subscription, $45Birchbox is a skincare and makeup subscription that sends tons of beauty samples to test out and play around with. If she loves any of them, she can easily buy the full-sized version through the service. You can opt to give a longer subscription if you'd like. Read our full review of Birchbox here. A convenient yoga mat carrier Amazon Go Play Yoga Mat Bag, available at Manduka, $35If she's a fitness enthusiast who frequents local yoga classes, a carrying strap will make her life much easier (especially if she walks or takes public transportation to class). A dainty pair of hoops Maison Miru Shooting Star Open Hoop Earrings, available at Maison Miru, $50So many people on the Insider Reviews team have a pair of these open hoops. Their horseshoe shape is just different enough to set them apart, while a tiny, twinkly cubic zirconia catches the light to add a bit of sparkle. A puzzle of her heroines Uncommon Goods Nevertheless She Persisted Puzzle, available at Uncommon Goods, $18This puzzle features illustrations of both prominent and lesser-known women who have shaped and changed the course of history. A portable external battery Amazon PowerCore 10,000mAh External Battery, available at Amazon, $24.99A good external battery is one of those practical gifts she probably needs but won't buy herself. Treat her to a good one that holds enough juice to charge her iPhone three times or her Galaxy twice. Reusable produce bags Amazon Reusable mesh produce bags (5-pack), available at Amazon, $7.47If she's an avid grocery shopper who opts for eco-friendly products, she'll appreciate this functional and sustainable set of mesh produce bags. The color-coded tags and drawstrings will help keep things organized. A cozy throw blanket to keep her warm L.L.Bean Wicked Plush Throw, available at L.L.Bean, from $29.95This blanket has been a fan favorite for a while, which is why L.L.Bean carries this new and improved version. The brandmade the blanket even softer with 100% polyester that's been brushed on both sides. It's so soft she'll want to be wrapped in it at all times, which is why we've also included it in our guide to the best throw blankets. An interactive cooking class Sur La Table Sur La Table Online Cooking Classes, starting $29 per householdWith Sur La Table's virtual cooking classes, she can follow along with expert chefs live from the comfort of her kitchen. These hands-on 90- to 120-minute classes cover everything from seasonal dishes to cocktails and desserts. The be-all, end-all in French cookbooks Amazon Mastering the Art of French Cooking, Volume One, available at Amazon, $23.99There might be no compendium of French recipes more definitive than Julia Child's, and there's always Volume Two for next year. Also, you may get some great meals out thanks to this gift. A personalized video message from her favorite celebrity Cameo Personalized video message, starting at $1, available at CameoCameo has tons of famous people she might want a personalized video message from. There's something for almost everyone on Cameo, with prices as low as $1. You can choose a category, like reality TV or athletes, and filter by price and how long it takes to get a response. Read more about Cameo and how to use Cameo. An elegant bottle holder Pottery Barn Wood Marble Wine Cooler, available at Pottery Barn, $39.95This elegant marble-wood bottle holder keeps her favorite wine cool for hours on end. When she isn't staging it next to a charcuterie board, the holder is just a bouquet away from doubling as a vase.  A simple knitting kit for beginners We Are Knitters Braille Beanie Knitting Kit, available at We Are Knitters, $44Whether she's new to knitting or a long-time pro, this crafty beanie kit has everything she needs — from the yarn, to the needles and, of course, the instructions. A customizable box of candy for adults Sugarfina Four-Piece Candy Bento Box, available at Sugarfina, $38Satisfy her sweet tooth with a custom box of candy. Sugarfina's candies are distinctly "adult" — but she'll still feel like a kid when she digs into a box of rosé gummies. A planner to help her stay organized Ivory Paper Co. All-In-One Planner, available at Ivory Paper Co., $49Working out your day, month, and year can sometimes feel overwhelming, but this planner makes life easier with its neat and straightforward layout. Plus, you can pick the start date and length of the planner and even add her name for a more personal touch. For more options, you can check out our roundup of the best planners.  A handcrafted set of minimalist coasters West Elm The Vintage Vogue Linea Coasters (Set of 4), available at West Elm, $29A clever way to keep her home clean and stylish is with these minimalist, chic coasters.  Read the original article on Business Insider.....»»

Category: dealsSource: nyt13 hr. 33 min. ago Related News

A major logistics company is "effectively sold out" of warehouse space as supply chain issues grow

Prologis said 98% of its warehouse spaces was leased as of September 30 amid soaring demand that led to "record increases" in rent prices. Prologis said its warehouses were 97% full during its third quarter of 2021 as the global supply chain remains strained. Pavlo Gonchar/Getty Images Prologis, a major global logistics company, said it's "effectively sold out" of warehouse space. In its quarterly earnings Friday, Prologis said soaring demand led to "record increases" in rent. The real estate scarcity comes amid growing global supply chain issues. Commercial real estate and logistics giant Prologis said during its quarterly earnings Friday that its warehouses are essentially full amid growing strain on the global supply chain."With vacancies at unprecedented lows, space in our markets is effectively sold out," Prologis CEO Hamid Moghadam said in a press release.Prologis reported average occupancy rates for the third quarter of 96.6%, up 0.6% from the previous quarter, with 98% of its properties leased as of September 30.As a result of "structural forces driving demand," Moghadam said, Prologis saw "record increases in market rents and valuations" during its third quarter.The company's net effective rent spiked 27.9% compared to the second quarter of this year.Following its earnings report, shares of Prologis rose on Friday to close up 0.9% at $136.98.Prologis' announcement about its limited warehouse supply comes amid issues throughout the supply chain, including massive labor shortages and port backlogs.Prologis CFO Tom Olinger told investors Friday that while he expects the supply chain issues to be "temporary," it will likely be a "two-year or three-year type of process before everything straightens out."Read the original article on Business Insider.....»»

Category: dealsSource: nyt13 hr. 33 min. ago Related News

How to reset an Amazon Echo speaker from the Alexa app or from the device

You can reset an Amazon Echo speaker by pressing buttons on the physical device or via the Alexa app. There are a few ways to reset an Amazon Alexa speaker if it's having issues. Charles Brutlag/Shutterstock You can reset an Amazon Echo by pressing buttons on the physical device or via the Alexa app. The steps required to factory reset an Amazon Echo are slightly different depending on which model you have. A factory reset may be required if your device is not working correctly and restarting it doesn't fix the issue. Visit Insider's Tech Reference library for more stories. If your Amazon Echo speaker is not working correctly and restarting it doesn't fix the issue, a factory reset may be necessary. If you're going to sell, donate, or trade your Echo, it's a good idea to factory reset your device to protect potentially sensitive personal data.You can reset an Amazon Echo speaker by pressing buttons on the physical device or via the Alexa app. The steps required to factory reset an Amazon Echo device vary depending on the model you have, and even the generation. Here's what you need to know.How to factory reset Amazon Echo using the Alexa app1. Open the Alexa app on your iPhone or Android, then go to Devices.2. Tap Echo & Alexa, and then choose which Echo you want to wipe clean.3. Scroll down and tap Factory Reset and then confirm your choice.How to factory reset Amazon Echo from the speakerThe steps required to factory reset an Amazon Echo device are slightly different depending on which model you have. We go over each of them below.On Amazon Echo Dot (2nd, 3rd, and 4th generation)If you have a second generation Amazon Echo Dot, press and hold the Microphone Off and Volume Down buttons for about 20 seconds. An orange light indicates you've successfully reset the device. Press and hold the two buttons until the light turns orange. Amazon If you have a third or fourth generation Amazon Echo Dot, press and hold the Action button for about 25 seconds. Hold the "Action" button. Amazon On Amazon Echo (1st, 2nd, 3rd, and 4th generation)If you have a first generation Amazon Echo, press and hold the Reset button using a paper clip or another small tool. Hold down the button until the light ring turns off and back on.If you have a second generation Amazon Echo, press and hold the Microphone Off and Volume Down buttons for about 20 seconds. An orange light indicates you've successfully reset the device.If you have a third or fourth generation Amazon Echo, press and hold the Action button for about 25 seconds.On Amazon Echo Plus (1st and 2nd generation)If you have a first generation Echo Plus, press the Reset button using a paper clip or another small tool.If you have a second generation Echo Plus, press and hold the Action button for about 20 seconds.On Amazon Echo Show, Echo Show 5, Echo Show 8, Echo Show 10, or Echo SpotIf you have a first or second generation Echo Show, Echo Show 5, Echo Show 8, Echo Show 10, or Echo Spot, swipe down from the top of the screen, then tap Settings. Tap Device Options, then Reset to Factory Defaults.If you have an Echo Show, press and hold the Mute and Volume Down buttons for about 15 seconds. Hold the mute and volume down buttons. Amazon On Amazon Echo SubIf you have an Amazon Echo Sub, press and hold the Action button for about 25 seconds.Why is my Alexa blinking yellow? What each colored light means on your deviceHow to set up and use the Alexa app on your iPhoneHow to connect your Amazon Echo to Wi-Fi to get the most out of your Alexa-enabled smart speakerThe most important Alexa voice commands you can use with your Amazon EchoRead the original article on Business Insider.....»»

Category: dealsSource: nyt13 hr. 33 min. ago Related News

Traders Are Pushing Oil, Rates, & The Dollar. Are They Right?

Traders Are Pushing Oil, Rates, & The Dollar. Are They Right? Authored by Lance Roberts via RealInvestmentAdvice.com, With inflation fears getting stoked by the mainstream media, traders are pushing oil, interest rates, and the dollar higher. Are they right? Or, are they about to get smacked by a slower economy and deflationary headwinds? Once a quarter, I dig into the Commitment of Traders data to see where speculators are making their bets. Such is an excellent metric to watch from a contrarian view. Generally, when traders are positioned either very long or short in a particular area, it is often a good bet something will reverse. Positioning Review The COT (Commitment Of Traders) data, which is exceptionally important, is the sole source of the actual holdings of the three critical commodity-trading groups, namely: Commercial Traders: this group consists of traders that use futures contracts for hedging purposes. Their positions exceed the reporting levels of the CFTC. These traders are usually involved with the production and processing of the underlying commodity. Non-Commercial Traders: this group consists of traders that don’t use futures contracts for hedging and whose positions exceed the CFTC reporting levels. They are typically large traders such as clearinghouses, futures commission merchants, foreign brokers, etc. Small Traders: the positions of these traders do not exceed the CFTC reporting levels, and as the name implies, these are usually small traders. The data we are interested in is the second group of Non-Commercial Traders (NCTs.) NCT’s are the group that speculates on where they believe the market will head. While you would expect these individuals to be “smarter” than retail investors, we find they are just as subject to “human fallacy” and “herd mentality” as everyone else. Therefore, as shown in the charts below, we can look at their current net positioning (long contracts minus short contracts) to gauge excessive bullishness or bearishness. Volatility  Since 2012, the favorite trade of bullish speculators has been to “short the VIX.” Shorting the volatility index (VIX) remains an extraordinarily bullish and profitable trade due to the inherent leverage in options. Leverage is one of those things that works great until it doesn’t. Currently, net shorts on the VIX are still very elevated but reduced from 2020 levels. However, speculators have once again started to increase their net short-positioning over the last several weeks as the market declined. The current positioning is large enough to fuel a more substantial correction if markets fail current support levels. Moreover, as noted on Tuesday, weekly signals suggest that downside risk is present. To wit: “The recent decline triggered both weekly signals for the first time since the March 2020 correction. (The chart below is the same model we use to manage 401k allocations. You can see therelated models and analysis here)“ Given that volatility has remained compressed during the entirety of the September correction, a break below recent support will trigger short-covering of VIX options. Such would also be coincident with a more significant decline in the index. Crude Oil Extreme Crude oil has gotten a lot more interesting as of late. After a brutal 2020, the price of oil futures going negative at one point, oil is now pushing above $80/bbl. Given current views of “inflation” from the massive liquidity infusions and supply chain disruptions, the focus on speculative positioning is not surprising. As shown in the monthly chart below, the price advance in crude oil is now back to historical extremes that have previously denoted tops in oil prices. As a result, the current extreme overbought, extended, and deviated positioning in crude will likely lead to a rather sharp correction. (The boxes denote previous periods of exceptional deviations from long-term trends.) The speculative long-positioning is driving the dichotomy in crude oil by NCTs. While levels fell from previous 2018 highs during a series of oil price crashes, they remain elevated at 398,307 net-long contracts and rising quickly. The good news is that oil did finally break above the long-term downtrend. However, it is too soon to know if these prices will “stick.”  Furthermore, the deflationary push and the dollar rally will likely derail oil prices if it continues. U.S. Dollar Rally Is Here As I stated earlier this year: “There are two significant risks to the entire ‘bull market’ thesis: interest rates and the dollar. For the bulls, the underlying rationalization for high valuations has been low inflation and rates. In February, we stated: Given an economy that is pushing $87 trillion in debt, higher rates and inflation will have immediate and adverse effects:“ The Federal Reserve gets forced to begin talking tapering QE, and reducing accommodation; and, The consumer will begin to contract consumption as higher costs pass through from producers.  “Given that personal consumption expenditures comprise roughly 70% of economic growth, higher inflation and rates will quickly curtail the ‘reflation’ story.‘ A few months later, the Fed started to talk about tapering their balance sheet purchases. With the market currently priced for perfection, the disappointment of economic growth caused by the rising dollar, interest rates, and a contraction in consumer spending is a significant risk to the market. As shown, the rally in the dollar is already starting to weaken the inflationary impact of higher import prices and suggests a peak in CPI. The one thing that always trips the market is what no one is paying attention to. For me, that risk lies with the US Dollar. As noted previously, everyone expects the dollar to continue to decline, and the falling dollar has been the tailwind for the emerging market, commodity, and equity risk-on trade.  As noted previously, “Whatever causes the dollar to reverse will likely bring the equity market down with it.” The dollar has been rising very quietly, and traders are becoming more aggressively long the dollar trade. Interest Rate Conundrum Over the latest several years, I have repeatedly addressed why financial market “experts” remain confounded by rates failing to rise. In March 2019, I wrote: “The Bond Bull Market,” which followed our earlier calls for a sharp drop in rates as the economy slowed. At that time, the call was a function of the extreme “net-short positioning” in bonds, which suggested a counter-trend rally was likely. Then, in March 2020, unsurprisingly, rates fell to the lowest levels in history as economic growth collapsed. Notably, while the Federal Reserve turned back on the “liquidity pumps,” juicing markets to all-time highs, bonds continue to attract money for “safety” over “risk.”  Recently, “bond bears” have again returned, suggesting rates must rise because of inflationary concerns. However, again, such is unlikely as economic growth is quickly stalling as liquidity runs dry. Currently, traders are more aggressively long contracts suggesting rates could still rise a bit further. However, while there is upside to rates, it is likely limited to less than 2% before economic growth gets impacted. Conclusion The markets are oversold enough on a short-term basis to rally. However, numerous headwinds are mounting from higher rates, inflation, oil prices, and the dollar. So while traders are piling into inflationary trade, they are likely going to be disappointed. While the markets can undoubtedly discount these headwinds short-term, they won’t be able to do it indefinitely. Such is why we remain concerned over the weekly and monthly “sell signals,” which are suggestive of increasing risk. The biggest problem is that technical indicators do not distinguish between a consolidation, a correction, or an outright bear market. As such, if you ignore the signals as they occur, by the time you realize it’s a deep correction, it is too late to do much about it. I suggest that with our “sell signals” triggered, taking some action could be beneficial.  Trim back winning positions to original portfolio weights: Investment Rule: Let Winners Run Sell positions that simply are not working (if the position was not working in a rising market, it likely won’t in a declining market.) Investment Rule: Cut Losers Short Hold the cash raised from these activities until the next buying opportunity occurs. Investment Rule: Buy Low There is minimal risk in “risk management.” In the long term, the results of avoiding periods of severe capital loss will outweigh missed short-term gains. Tyler Durden Fri, 10/15/2021 - 14:12.....»»

Category: smallbizSource: nyt14 hr. 17 min. ago Related News

CFTC Fines Bitfinex, Tether $43MM For "Misleading" Claims About Reserves

CFTC Fines Bitfinex, Tether $43MM For "Misleading" Claims About Reserves Years ago, several anonymous accounts on twitter, reddit and other social media platforms complained that tether, one of the original stablecoins, and Bitfinex, the crypto exchange that helped create tether, were conspiring to drain the reserves from Tether's bank accounts, something that Bloomberg appeared to confirm in a report published earlier this month. The SEC has been saying for months that regulating stablecoins is a priority, just like finally legalizing a bitcoin ETFs. But stablecoins present a unique threat to the US dollar, as one Treasury official explained earlier. Their lack of volatility (even tether continues to trade at roughly $1 despite reports about tether's reserves) mean they could be used for payments, making them a competitor to the dollar (while bitcoin and altcoins are more accurately compared with precious metals). The agency said Friday that tether and Bitfinex will pay a combined $42.5MM, with $41MM of that coming from tether, and the remaining $1.5MM coming from Bitfinex. Tether's fine was imposed over the company's claims that its stablecoin was "fully backed" by US dollars (which, as Bloomberg demonstrated, it's not). Bitfinex, meanwhile, will pay $1.5MM over findings that "Bitfinex engaged in illegal, off-exchange retail commodity transactions in digital assets with U.S persons on the Bitfinex trading platform and operated as a futures commission merchant (FCM) without registering as required," according to the statement. The CFTC took a few seconds to pat itself on the back in its press release as the feuding over which agencies have jurisdiction over crypto continues to intensify. "This case highlights the expectation of honesty and transparency in the rapidly growing and developing digital assets marketplace," said Acting Chairman Rostin Behnam. "The CFTC will continue to take decisive action to bring to light untrue or misleading statements that impact CFTC jurisdictional markets.”" The CFTC added that it imposed these charges in keeping with its Congressional mandate to protect American investors from scams and fraud. "As demonstrated by today’s actions against Tether and Bitfinex, the CFTC is committed to carrying out its statutory charge to promote market integrity and protect U.S. customers," said Acting Director of Enforcement Vincent McGonagle. "The CFTC will use its strong anti-fraud enforcement authority over commodities, including digital assets, when necessary. The CFTC will also act to ensure that certain margined, leveraged or financed digital asset trading offered to retail U.S. customers must occur on properly registered and regulated exchanges. Moreover, as the Bitfinex order reflects, the CFTC will take decisive action against those who choose to violate CFTC orders." The penalties stemmed from the same findings about tether's lack of verifiable reserves that Bloomberg disclosed earlier this month. Since..."at least June 1, 2016 to February 25, 2019, Tether misrepresented to customers and the market that Tether maintained sufficient U.S. dollar reserves to back every USDT in circulation with the “equivalent amount of corresponding fiat currency” held by Tether and “safely deposited” in Tether’s bank accounts. In fact Tether reserves were not “fully-backed” the majority of the time." The CFTC also found that tether only held the amount of fiat reserves that it advertised during only 27.6% of the days in a 26-month sample time period from 2016 through 2018. The investigation also showed how Bitfinex helped tether essentially launder its reserves. "...[I]nstead of holding all USDT token reserves in US dollars as represented, Tether relied upon unregulated entities and certain third-parties to hold funds comprising the reserves; comingled reserve funds with Bitfinex’s operational and customer funds..." Tether also neglected to complete mandatory audits during this time. The company even went so far as to put up tether's reserves to cover Bitfinex losses when it was struggling with a hacker-induced "liquidity crisis." Tyler Durden Fri, 10/15/2021 - 14:26.....»»

Category: smallbizSource: nyt14 hr. 17 min. ago Related News

Buchanan: Are The Good Times Over For Joe?

Buchanan: Are The Good Times Over For Joe? Authored by Pat Buchanan, “When sorrows come,” said King Claudius, “they come not single spies but in battalions.” As the king found out. So it seems with President Joe Biden, who must be asking himself the question Merle Haggard asked: “Are the good times really over for good?” Consider the critical issue with voters today: the state of the economy. Inflation in September stood at 5.4% year on year. With prices of food and fuel rising, the supply chains for goods entering the country and headed for stores, shelves and showrooms before Thanksgiving and Christmas are clogged. Container ships are backed up in ports, waiting to unload on both coasts. Many of the trucks to carry the goods to inland markets sit idle for lack of drivers. The latest employment figures show 10.4 million U.S. jobs going begging in August as 4.3 million workers dropped out of the labor force. How are Democrats responding to the return of inflation? By trying to pile a $3.5 trillion social spending package on top of a $1.2 trillion infrastructure package on top of the $1.9 trillion COVID-19 relief act Biden signed in March. Coupled with an easy-money Fed policy, this hand could play out for Biden the way it played out for former President Jimmy Carter. A second issue that appears beyond the capacity of the Biden people to solve is the invasion from across our southern border. Nightly film of border crossers and their encounters with the Border Patrol have riveted the attention of the nation. Lately, there has been a new feature. Sporadic small arms fire at U.S. Border Patrol agents by cartel coyotes who are enriching themselves by steering migrants from all over the world to crossing points on the Rio Grande. By year’s end, some 2 million illegal immigrants will have crossed under the de facto open borders policy of the Biden administration. Entering with them are scores of thousands of “got aways” who have avoided contact with U.S. authorities on the way into our country. Another issue for Biden is the surge of both random and purposeful violence in liberal Democratic cities where knifings, shootings and killings are approaching new records. With almost everyone carrying a phone camera, the daily photos of urban shootings have turned the country against the “defund the police!” crowd and the political party that is associated with them. The George Floyd summer is over. Police departments are being refunded, and cops are being defended and demanded in neighborhoods that have suffered from their resignations, retirements and removal. Then there is the new culture-war issue of race and education and whether America’s children should be taught in their schools about the goodness and greatness of their country or about its sins and crimes. Civic gatherings have erupted, with parents facing off against teachers and school boards in Northern Virginia communities near where historic battles of the Civil War were fought. Former Gov. Terry McAuliffe, seeking to regain his office, may have put his campaign in peril by telling parents they have no legitimate role in decisions about what their children should be taught, and not taught, in Virginia’s public schools. “I’m not going to let parents come into schools and actually take books out and make their own decisions,” said McAuliffe. “I don’t think parents should be telling schools what they should teach.” Biden’s political fortunes and his party’s future are likely to hinge upon the fate of his Build Back Better legislation, currently in the custody of House Speaker Nancy Pelosi. Capitulating to the demands of progressives, Biden and Pelosi agreed to delay passage of the $1.2 trillion infrastructure bill, which had easily passed in the Senate, until the $3.5 trillion social safety net bill could catch up and travel in tandem to approval in both Houses. Biden has wagered his presidency on passage of both the $1.2 trillion infrastructure bill and as large a share of the $3.5 trillion social safety net program as he can convince Democratic Sens. Joe Manchin of West Virginia and Kyrsten Sinema of Arizona to approve. By caving to the both-or-nothing ultimatum the progressives issued to her, which caused Pelosi to hold up certain and swift passage of the infrastructure bill, she may have imperiled them both. Meanwhile, other priority agenda items of both Democratic moderates and progressives appear headed for the boneyard. The $15 minimum wage is gone. A “path to citizenship” for millions of illegal immigrants seems dead. Police reform appears to have been abandoned. Federal legislation to give the Department of Justice veto power over state GOP voting reforms appears no longer viable. With all his chips now in the middle of the table as this session of Congress winds down, Biden’s hand looks weaker and weaker. Wednesday, four polls found that half the nation — and in three of them, more than half — now disapprove of his presidency. In the 10th month of his four-year term, are the good times really over for good — for Joe Biden? Starting to look that way. Tyler Durden Fri, 10/15/2021 - 14:42.....»»

Category: smallbizSource: nyt14 hr. 17 min. ago Related News

SEC Probes Whether Bankers Are Properly Reporting Communications During The Zoom Era

SEC Probes Whether Bankers Are Properly Reporting Communications During The Zoom Era Traders who are old enough to remember a pre-financial crisis Wall Street likely also remember how many billions of dollars in trades were made over Instant Messenger, where traders from different institutions often gathered to share "market commentary" and other information until American and British prosecutors carried out their infamous investigations into alleged fixing of the LIBOR, before going on to bust traders in fixed income, currency and derivatives markets often based on their incriminating chat logs. These days, banks are much more careful about requiring employees to route their communications through official channels, typically their company email address or the chat features on their Bloomberg Terminals, which are still regularly used (although they need to be careful about what they say since Bloomberg journalists were caught sourcing stories by snooping on Bloomberg chats). But the dawn of the Zoom era has made workers depend on personal devices again, creating a conflict for employers. So, as the megabanks are forced to keep delaying their return to the office, the SEC is apparently worried that bank employees might be slipping back into bad habits and relying too heavily on "unauthorized" channels, which in turn creates opportunities for insider trading, manipulation and other unsavory behaviors.  Now, according to Reuters, the SEC is conducting a "sweep" of major Wall Street banks, contacting several to ask for proof that employees are properly documenting all work-related communications. Reuters added the broad-based probe is the latest symptom of Democrats' more heavy-handed approach toward the industry. The SEC's motives in launching the probe are murky, but two of Reuters' sources said it was inspired by an incident at a single bank that may or may not be JP Morgan. The sweep appears to stem from a probe the agency has been conducting for some time into an individual financial institution, two of the sources said, without naming the firm. In August, JPMorgan Chase & Co disclosed that it had been fielding regulatory inquiries concerning its "compliance with records preservation requirements in connection with business communications sent over electronic messaging channels" that the bank had not approved. It said it was discussing a "resolution" with regulators, without specifying which ones. Spokespeople for the SEC and JPMorgan declined to comment. Banks have on occasion come down hard on employees engaged in "unauthorized" communications: Morgan Stanley fired two executives for doing so last year. During a speech last week, the SEC's head of enforcement, Gurbir Grewal, warned that banks need to stay on top of the many "issues raised by the increased use of personal devices, new communications channels, and other technological developments" that have become regularly used during the Zoom era. Put another way, going after banks for not properly documenting every business-related communication seems like low-hanging fruit. It's definitely a lot easier than prosecuting insider-trading cases. Tyler Durden Fri, 10/15/2021 - 15:21.....»»

Category: smallbizSource: nyt14 hr. 17 min. ago Related News

Stocks, Bonds, Crypto, & Copper Soar As Confidence Crashes Near Decade-Lows

Stocks, Bonds, Crypto, & Copper Soar As Confidence Crashes Near Decade-Lows This week was a tale of two halves. Stonks chopped lower into Wednesday morning, bounced off an opening dump then accelerated (despite The Fed Minutes signaled considerably more hawkish taper and rate-trajectory expectations). Nasdaq was the week's biggest gainer (thanks to Small Caps puke today) and The Dow underperformed but only modestly... That was the S&P's best week since July. Major reversal in Small Caps today however from the cash open, as the rest of the majors rallied divergently... This week's panic-buying has reduced the drawdown from record highs (for the S&P) to just 1.5%... Source: Bloomberg After Monday's dump, every day this week has opened with a panicky short-squeeze to ignite momentum... Source: Bloomberg But as today's OpEx struck early, the short-squeezers ran out of ammo... Source: Bloomberg Both Defensives and Cyclicals were bid this week but the latter outperformed today to win the week... Source: Bloomberg Sectors were all higher on the week but Utes lagged and Materials led the gains. Financials were towards the lower end of the overall performance... Source: Bloomberg In bank-land, earnings have sparked a notable divergence with MS leading and JPM lagging (after a buying panic renewed in WFC today)... Source: Bloomberg VIX was clubbed like a baby seal this week, hitting a 15 handle briefly today...Tough to see much downside for vol from here (especially given the typical post-opex bounce) Bonds were very mixed this week with the short-end dumped and long-end well bid (2Y +8bps, 30Y -12bps)... Source: Bloomberg 2Y yields pushed up to their highest since March 2020 and 5Y at its highest since Feb 2020... Source: Bloomberg The yield curve flattened dramatically this week (the biggest curve flattening week since June) with the 5s30s spread at its lowest since May 2020 as traders signaled expectations for a Fed policy error... Source: Bloomberg The very-short-end of the curve repriced dramatically this week - in a hawkish manner - with a full rate-hike now priced in for September 2022 (with expectations that The Fed's taper will start in Dec and end in July 2022)... Source: Bloomberg And on a side note, the 'kink' is back and building in the T-Bill curve as the odds of a clean debt-ceiling extension in December slide... The dollar fell for the 3rd straight day today and suffered the broke a 5-week winning streak.  The dollar has traded in a tight range for the last 3 weeks though... Source: Bloomberg Crypto soared higher, rising for 3rd straight week, led by Bitcoin... Source: Bloomberg With Bitcoin back above $60k for the first time since April (and in fact reached almost $62k today)... Source: Bloomberg Commodities all made gains this week (CRB all comms hit an all-time record high) but copper was the dramatic outperformed while gold lagged... Source: Bloomberg WTI rallied for an 8th straight week, its longest winning streak since May 2015, topping $82 for the first time since Oct 2014... Source: Bloomberg Copper soared this week (its best week since Nov 2016 and 2nd best week since Oct 2011), back near the May highs, as global inventories plunge... Source: Bloomberg Gold tagged $1800 but was unable to hold it... Finally, you have to laugh really that stocks are surging back towards record highs on a day when consumer sentiment printed at its 2nd lowest level in a decade... Source: Bloomberg "Probably nothing..." Still this chart makes us wonder if a redux is in the cards? Source: Bloomberg Tyler Durden Fri, 10/15/2021 - 16:00.....»»

Category: smallbizSource: nyt14 hr. 17 min. ago Related News

Are We Really Crazy Enough To Believe This Is Going To Work?

Are We Really Crazy Enough To Believe This Is Going To Work? Authored by Charles Hugh Smiith via OfTwoMinds blog, Unbeknownst to the giddy participants, they're not just betting on the omnipotence of the Fed Politburo, they're also making a max-leverage bet that "the madness of crowds" will never end. Imagine an economy so dominated by its central bank that all markets hang on every word of its priesthood as life or death. You know, like the Federal Reserve and the American economy. Now imagine this central bank issues enormous sums of new money which supercharges speculative activity such as hundreds of billions of dollars in stock buybacks, special purpose acquisition casinos, oops, I mean companies, and so on. You know, like the Federal Reserve's trillions in nearly free money for financiers. Next, imagine that the central bank makes barely concealed promises that should any big gambler lose money in the casino, the bank will flood the financial system with even more nearly free money for financiers and bail out the loser. Since flooding the system with nearly free money for financiers keeps the speculative frenzy going, the bank has implicitly promised that assets driven higher by speculative frenzy will never be allowed to drop. This promise naturally incentivizes even more speculative borrowing, leverage and risk, generating a titanic Everything Bubble in which risky assets skyrocket from pennies into dollars and dollars into fortunes. Now imagine that this speculative frenzy spreads into every nook and cranny of the economy such that everyone is drawn into one casino or another, and previously sober, cautious people are seized by a quasi-religious fervor in which they become convinced that their gambling chips on NFTs, SPACs, meme-stocks, obscure alt-coins, homes, collectables and pretty much anything within the manic swirl of speculative frenzy is now a can't lose path to carefree permanent wealth because the central bank guarantees it and anyone who questions this is in league with the Devil (or worse). Next, imagine that as a result of this vast expansion of "wealth" in the Everything Bubble, the entire economy is now dependent on this bubble never popping as speculation is driving incomes and a wealth effect without precedent as every participant feels newly empowered to borrow and spend more because their bubble-wealth just keeps rocketing higher. The problem here is all speculative bubbles pop and so the central bank's inflation of a speculative Everything Bubble has backed the entire economy into a corner from which there is no escape: either the bubble must keep inflating to ever dizzier heights of delusion and risk or the bubble pops and lays waste to all the phantom wealth. Lastly, imagine that the enthralled participants in the speculative orgy truly believe the central bank has the power to keep the Everything Bubble expanding forever, or at a minimum, bubbling along at a permanently high plateau that guarantees everyone's phantom wealth will be forever available for tapping and spending. This is where we are, and it raises one question: are we really crazy enough to believe this is going to work? That the Federal Reserve can keep the Everything Bubble expanding essentially forever, or bubbling along at a permanently high plateau? Are we really crazy enough to believe that conjuring trillions of dollars out of thin air and then leveraging this into tens of trillions of dollars and dumping all this money into assets which don't increase in utility so that their "value" rises 10-fold even as their utility remains unchanged is sustainable and a solid foundation for our economy? Unbeknownst to the giddy participants, they're not just betting on the omnipotence of the Fed Politburo, they're also making a max-leverage bet that the madness of crowds will never end. Are we really crazy enough to believe this is going to work? The answer appears to be a resounding "yes" because everyone knows the Fed has our backs and so permanently expanding wealth is guaranteed. (And if it isn't, no problem, I'll jump off the merry-go-round before the music stops. And of course, 99.9% of all punters succeed in doing so.) In this blissful moment of speculative confidence in a) the music will never stop or b) I'll jump off just before the music stops, fortune fully intact, feast your eyes on these charts of guaranteed permanently high plateaus... *  *  * If you found value in this content, please join me in seeking solutions by becoming a $1/month patron of my work via patreon.com. My recent books: A Hacker's Teleology: Sharing the Wealth of Our Shrinking Planet (Kindle $8.95, print $20, audiobook $17.46) Read the first section for free (PDF). Will You Be Richer or Poorer?: Profit, Power, and AI in a Traumatized World (Kindle $5, print $10, audiobook) Read the first section for free (PDF). Pathfinding our Destiny: Preventing the Final Fall of Our Democratic Republic ($5 (Kindle), $10 (print), ( audiobook): Read the first section for free (PDF). The Adventures of the Consulting Philosopher: The Disappearance of Drake $1.29 (Kindle), $8.95 (print); read the first chapters for free (PDF) Money and Work Unchained $6.95 (Kindle), $15 (print) Read the first section for free (PDF). Tyler Durden Fri, 10/15/2021 - 16:20.....»»

Category: smallbizSource: nyt14 hr. 17 min. ago Related News

Bitcoin Nears $63k As ProShares Signals ETF Launch Imminent, Dorsey Plans Mining System

Bitcoin Nears $63k As ProShares Signals ETF Launch Imminent, Dorsey Plans Mining System Update (1650ET): Confirming the earlier headlines that set the stage for a Bitcoin (futures) ETF to start trading next week, Bloomberg's James Seyffart tweeted that Proshares' 8A just hit which registers the ETF's shares with the SEC for trading on an exchange. If anyone needs more evidence that this is happening on Tuesday. Proshares' 8A just hit which registers the ETF's shares with the SEC for trading on an exchange. pic.twitter.com/Idp6cm4qet — James Seyffart (@JSeyff) October 15, 2021 Additionally, ETFStore President Nate Geraci told CoinDesk that the form is “a step forward” for digital assets and bridging them with the more traditional financial sector. He confirmed that the filing of a post-effective amendment is confirmation of the SEC’s tacit approval. “It’s an encouraging sign for the future of crypto to see SEC Chairman Gensler get comfortable in helping mainstream investors more easily access bitcoin exposure,” he said in an email. “The availability of a bitcoin ETF will now bring more investors under the crypto tent and facilitate greater education across the space.” As UBS warned in its latest Crypto Compasss, so as not to tempt fate, one veteran investor offered the tongue-in-cheek observation that anticipated SEC approval for a futures-based ETF may mark a local top in prices, much like the Coinbase IPO, per the old adage: "buy the rumour, sell the fact." The same thing occurred on the exact day that BTC futures debuted on the CME on December 17, 2017. We wouldn't bank on it but also wouldn't be surprised to see such a milestone marking the point where some long-term dip buyers begin to lighten up. They have been accumulating steadily for the past seven months. But, options markets are signaling a lot of upside still for BTC (and positive gamma)... However, UBS notes that stablecoin intervention is a more potent threat, with authorities actively throwing sand in the wheels of further development.  *  *  * Update (1635ET): Square (and Twitter) CEO Jack Dorsey has been a long-time advocate for cryptocurrencies and this evening he tweeted about his latest plans to create a Bitcoin mining system: Square is considering building a Bitcoin mining system based on custom silicon and open source for individuals and businesses worldwide. If we do this, we’d follow our hardware wallet model: build in the open in collaboration with the community. First some thoughts and questions. — jack⚡️ (@jack) October 15, 2021 As he detailed in a brief thread: 1/ Mining needs to be more distributed. The core job of a miner is to securely settle transactions without the need for trusted 3rd parties. This is critical well after the last bitcoin is mined. The more decentralized this is, the more resilient the Bitcoin network becomes. True?  2/ Mining needs to be more efficient. Driving towards clean and efficient energy use is great for Bitcoin’s economics, impact, and scalability. Energy is a system-level problem that requires innovation in silicon, software, and integration. What are the largest opportunities here?  3/ Silicon design is too concentrated into a few companies. This means supply is likely overly constrained. Silicon development is very expensive, requires long term investment, and is best coupled tightly with software and system design. Why aren’t more companies doing this work?  4/ There isn’t enough focus on vertical integration. Considering hardware, software, productization, and distribution requires accountability for delivering to an end customer vs improving a single technology in the chain. Does seeing this as a single system improve accessibility?  5/ Mining isn’t accessible to everyone. Bitcoin mining should be as easy as plugging a rig into a power source. There isn’t enough incentive today for individuals to overcome the complexity of running a miner for themselves. What are the biggest barriers for people running miners?  Our team led by @JesseDorogusker will start the deep technical investigation required to take on this project. We’d love your thoughts, ideas, concerns, and collaboration. Should we do this? Why or why not? We’ll update this thread as we make our decisions. And now over to Jesse.  That headline was enough to push Bitcoin even higher on the day, nearing $63k at its peak... *  *  * Cryptos are all rallying this morning but Bitcoin is making headlines as it broke back above the $60,000 level for the first since April... Source: Bloomberg This has extended a recent run from around $40,000 which has been driven by increasingly optimistic signs of a Bitcoin ETF being imminent... Source: Bloomberg This has pushed Bitcoin back up to be the world's 8th largest asset (just below that of Silver), and well above $1 trillion market cap... Source Citing “people familiar with the matter,” Bloomberg has reported that the United States Securities and Exchange Commission is poised to approve the first Bitcoin futures ETFs in the country. The anonymous sources said: “The regulator isn’t likely to block the products from starting to trade next week.” Bloomberg's Eric Balchunas recently laid out his odds for which of the numerous ETF proposals will be accepted first... And for those in the "digital gold" camp, this analog from the '70s is interesting. CoinTelegraph reports that Austrian investor and analyst Niko Jilch this week referenced famed investor Paul Tudor Jones while explaining the “excitement” over the Bitcoin ETF. Tudor Jones had previously highlighted Bitcoin’s cycles being similar to gold in the 1970s — just when it had become a futures product itself and enjoyed a 10-year bull run followed by a 50% correction. Gold’s 1970s rip, TechDev additionally noted, fits extremely neatly over Bitcoin’s performance since October 2020. Finally, not to be forgotten, Ethereum is holding above $3800... Tyler Durden Fri, 10/15/2021 - 16:42.....»»

Category: smallbizSource: nyt14 hr. 17 min. ago Related News

: ‘It’s a toxic masculinity thing’: Pete Buttigieg faces backlash for taking paternity leave — a stigma many dads know well

Fox News host Tucker Carlson and others have criticized the transportation secretary for his recent paternity leave, but others have asserted the value of such bonding time.....»»

Category: topSource: marketwatch14 hr. 17 min. ago Related News

Peacock"s base plan is free, but it costs $5 a month to stream its full library of movies and shows

Peacock is NBC's streaming service with series like "The Office" and movies like "Halloween Kills." Here's a rundown of prices and how to subscribe. When you buy through our links, Insider may earn an affiliate commission. Learn more. Peacock is a streaming service from NBCUniversal. Peacock Peacock is a streaming service with NBCUniversal shows, movies, sports, and news. The base plan is ad-supported so you can watch some of the catalog for free with commercials. Peacock Premium ($5/month) offers more to watch, and Peacock Premium Plus ($10/month) is ad-free. Premium (Monthly Plan) (small)Table of Contents: Masthead StickyPeacock is the on-demand streaming home for NBCUniversal movies and shows, making it the only place to stream hit series like "The Office." Free and premium versions launched in July 2020; the ad-supported Peacock Premium plan costs $5 a month, while the ad-free Peacock Premium Plus plan costs $10 a month.Peacock has a rotating library of Universal movies and, starting in 2022, the service will be the streaming home to brand-new Universal films within four months of their theatrical releases. Premium subscribers can currently watch "Halloween Kills" while it's still in theaters. Multiple seasons of shows like "Downton Abbey" and "Modern Family" are included as well. Peacock also offers several original series, and the current lineup features comedies like "Girls5Eva" and "Rutherford Falls." Peacock provides sports coverage, too, with weekly access to Sunday Night Football on its premium plans. Below, we broke down everything you need to know about Peacock, including full details on pricing, plans, content, and supported devices.What is Peacock? Peacock launched nationwide in July 2020. NBCUniversal Peacock is a streaming service created by NBCUniversal with three subscription plans: Free, Premium, and Premium Plus. The platform offers a collection of shows, movies, and original series, along with live sports and news updates. Content can be viewed via an on-demand library or via special streaming channels broken down by genres and franchises.Peacock's catalog includes a mix of new and classic NBC shows, like "Saturday Night Live" and "The Office," and Universal films. Peacock original programs are also included for premium subscribers.For detailed impressions, you can read our full Peacock review.When can I sign up for Peacock?Peacock launched nationwide on July 15, 2020. You can sign up for a Free, Premium, or Premium Plus subscription right now through the Peacock website.Where can I watch Peacock? Peacock Premium gives you early access to late night shows like "The Tonight Show with Jimmy Fallon." Peacock Peacock's streaming app is available on Vizio, Samsung, and LG smart TVs, as well as iOS and Android mobile devices, Roku, Android TV, Fire TV, Xbox One, PlayStation 4, Chromecast, Xfinity, and Flex devices.The service is also available through its official website. You can browse a full list of supported devices here.Can I watch Peacock on Fire TV?The Peacock app became available on Amazon's Fire TV platform on June 24, nearly a year after the service launched. You can now watch Peacock on Fire TV devices running Fire OS 5 and above.Is Peacock free?The base version of Peacock is free, but there are commercials. Peacock promises more than 7,500 hours worth of movies and TV with its free version, but you can get access to twice as much content by upgrading to a Peacock Premium plan.How much does Peacock Premium cost?Peacock Premium costs $5 a month or $50 a year. However, Peacock Premium still has commercials. If you want to watch without ads, you need to upgrade to the Peacock Premium Plus ad-free plan for $10 a month or $100 a year.Premium (Monthly Plan) (small)Premium (Annual Plan) (small)The Peacock Premium catalog includes new original series, gives subscribers access to exclusive content from NBC shows and WWE Network, and lets you watch ongoing series, like "The Voice," the day after they air on TV.If you already subscribe to Xfinity internet or cable you get Peacock Premium for free with your current subscription. What shows and movies are on Peacock? "Despicable Me." Universal Pictures Peacock features more than 15,000 hours worth of TV and movies, though you'll need a Premium subscription to access the full catalog. NBCUniversal says about half of the catalog, more than 7,500 hours worth, is available for free.You can stream classic shows, like "The Office," "Law & Order," and "Parks & Recreation." Peacock Premium users can access new episodes of ongoing NBC shows the day after they air. Daily broadcasts from NBC News and MSNBC also stream on Peacock, and subscribers can watch past documentaries and "Dateline" investigations.Universal film franchises, like "Fast & Furious" and "Jurassic Park," are part of the rotating catalog, along with classic movies like "E.T." and "Schindler's List." Films from other studios, like "The Harry Potter" series, are also included from time to time. Peacock's movie selection isn't permanent, however, so some titles may be removed and then added back at a later date. Peacock Premium subscribers are also able to watch new original shows, like the Tina Fey-produced series "Girls5Eva," the Ed Helms-led sitcom "Rutherford Falls," and "We Are Lady Parts," a musical comedy about a Muslim punk band. Peacock even includes exclusive children's content with new episodes of shows like "Curious George" and "Cleopatra in Space." Peacock has live sports as well, including Sunday Night Football and matches from the Premier League. As of March 2021, wrestling fans can watch WWE Network shows and PPV events as part of a Premium or Premium Plus membership.Can I watch brand-new Universal movies on Peacock? Michael Myers is back in "Halloween Kills." Universal Right now, Peacock Premium and Premium Plus subscribers can watch "Halloween Kills" while it's still playing in theaters. And starting in 2022, brand-new Universal films like "Jurassic World: Dominion" will come to Peacock within four months of their theatrical release.The deal, announced in July, covers films from DreamWorks Animation, Illumination, Universal, and Focus Features. Following their theatrical windows, the movies will be available exclusively on Peacock for four months. They can then be licensed to other services for 10 months, before returning exclusively to Peacock for another four months.In recent years, Universal films have premiered on HBO Max and HBO following their theatrical releases. While 2021 films from Universal, like "F9," are still set to go to HBO first, 2022 releases are not expected to be available on HBO's platforms.Premium (Monthly Plan) (small)Read the original article on Business Insider.....»»

Category: personnelSource: nyt14 hr. 33 min. ago Related News