Thursday, January 19, 2023

Jan 19, 2023 - What happens if the US hits the debt ceiling?

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TradeBriefs Editorial

From the Editor's Desk

Why You Should Always Put a Used Book in the Freezer Before Reading It

“To remove dust, dirt, or grime, my best advice is to use a paper towel,” says James Fraser, manager of The Grolier Poetry Bookshop in Boston. Alternatively, you can opt to use a microfiber cloth to dust off books. This method should work when you want to clean old paperback and hardbound books.

1. Wipe down the whole book, cover to cover, being careful when you clean the book’s pages.

Continued here


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What happens if the US hits the debt ceiling?
What happens if the US hits the debt ceiling?
That is due in part to major government spending during the financial crisis and the pandemic - but it is also a reflection of the fact that the country has consistently run a budget deficit - spent more than it raised - every year since 2001.


Work
New Pop-Ups, Wine Luminaries, Mark 2023 Boston Wine & Food Festival
New Pop-Ups, Wine Luminaries, Mark 2023 Boston Wine & Food Festival
The 2023 Boston Wine & Food Festival runs Jan. 14 through March 30 at the Boston Harbor Hotel, with several events every week. Attendees are extended a special room rate of $295, based upon availability.






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Tiger euthanised in South Africa after escaping from private home
Tiger euthanised in South Africa after escaping from private home
South African authorities euthanised a tiger on Wednesday after she escaped from an enclosure in a private home, killed several animals and injured a man, raising questions about whether exotic animals should be allowed to be kept as pets.


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Chinese Startup TOP.E succeeds in developing 3D Printed Battery
Chinese Startup TOP.E succeeds in developing 3D Printed Battery
According to Nikkei Asia, TOP. E, a Chinese battery startup, has now successfully developed a 3D printed battery using its own 3D printers and




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Shaping Budapests Fashion Future A New Pivot To Luxury Knitwear For Hungarian Womenswear Brand Aeron
Shaping Budapests Fashion Future  A New Pivot To Luxury Knitwear For Hungarian Womenswear Brand Aeron
Aeron's current FW22 collection is the first time they've offered sizes above US 12. What took them so long? "We want to be diverse in terms of sizes and I\'m so happy that finally we could showcase things differently, which is a very big challenge for us and its knitwear gave us the opportunity to do that. Usually, the industry prepares a sample collection size small, and then you have zero time to develop different sizes. But with Vanguard behind us, we\'ve really decided to do a lot of things differently."


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Crypto publication CoinDesk hires Lazard to explore sale as crisis deepens at parent company DCG
Crypto publication CoinDesk hires Lazard to explore sale as crisis deepens at parent company DCG
Crypto publication CoinDesk has engaged Lazard as it considers a full or partial sale of the business, a subsidiary of Barry Silbert's Digital Currency Group.




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Decreasing rates of childhood immunization are a major concern. Our medical analyst explains why | CNN
Decreasing rates of childhood immunization are a major concern. Our medical analyst explains why | CNN
Vaccine rates for measles, polio, diphtheria and other diseases are decreasing among US children, according to a new study from the US Centers for Disease Control and Prevention. That means more children are at risk for severe illness illness that could be averted if they were immunized.


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Jacinda Ardern resigns as prime minister of New Zealand
Jacinda Ardern resigns as prime minister of New Zealand
Labour leader to stand down no later than 7 February, saying she no longer had enough in the tank to do the job




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U.S. launching pilot program to allow private sponsorship of refugees from around the world
U.S. launching pilot program to allow private sponsorship of refugees from around the world
Groups will be able to sponsor a refugee if they raise $2,275, pass background checks and submit a resettlement plan.


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Read the memos Amazon execs sent to employees about job cuts
Read the memos Amazon execs sent to employees about job cuts
Amazon's HR boss and retail chief sent memos to staff Wednesday saying the company had begun eliminating jobs.




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Court asked to void verdict against Derek Chauvin in George Floyd's murder
Court asked to void verdict against Derek Chauvin in George Floyd's murder
Floyddied May 25, 2020,after Derek Chauvin, who is white, pinned the Black man to the ground with his knee on his neck for 9 minutes.


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Treasury Secretary Yellen and China's Liu He talk U.S. tech policy at their first in-person meeting
Treasury Secretary Yellen and China's Liu He talk U.S. tech policy at their first in-person meeting
Chinese Vice Premier Liu He discussed U.S. tech policy toward China in a meeting with U.S. Treasury Secretary Janet Yellen, the Ministry of Commerce said.




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Reaction to NZ PM Ardern's shock resignation announcement
Reaction to NZ PM Ardern's shock resignation announcement
New Zealand Prime Minister Jacinda Ardern said on Thursday she would step down no later than Feb. 7, and that there would be a general election on Oct. 14.


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Stock futures fall as investors look ahead to economic data, Federal Reserve speeches
Stock futures fall as investors look ahead to economic data, Federal Reserve speeches
Investors are weighing economic data and earnings results as recession fears mount.




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How to Walk Away from Your Job and Become an Online Freelancer
How to Walk Away from Your Job and Become an Online Freelancer
Having a skill, something you enjoy doing, is a great first step towards becoming a freelancer. An online freelancer is a type of online business where a person can freelance their skills to individuals and businesses. Freelancing, in general is very common in a number of fields. However, an online freelancer runs their entire business []


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Veteran investor says 'tech is dead,' names safer stocks to weather the 'current storm'
Veteran investor says 'tech is dead,' names safer stocks to weather the 'current storm'
Michael Landsberg says it's time for investors to trim the fat in their portfolios, and names five stocks to ride out the tough times.




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The 7 cities you 'must visit before you die,' according to 50 travel expertsonly one is in the U.S.
The 7 cities you 'must visit before you die,' according to 50 travel expertsonly one is in the U.S.
Traveling is one of the most meaningful experiences you can have in life. Travel writer Sharael Kolberg asked 50 travel experts about the top cities everyone should visit at least once before they die.


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Bitcoin's popularity with developers shrunk last year while ethereum's flourished. Here's what that means for investors
Bitcoin's popularity with developers shrunk last year while ethereum's flourished. Here's what that means for investors
Crypto prices suffered badly in 2022, but developer activity for the year paints a more optimistic picture for investors.


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Netflix is looking for a flight attendant, and the pay range may shock you
Netflix is looking for a flight attendant, and the pay range may shock you
If you're California-based, have a flexible schedule, and can lift up to 30 pounds, you might consider applying.


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Climate protest not a crime, Greta Thunberg says after detention
Climate protest not a crime, Greta Thunberg says after detention
Environmental activist Greta Thunberg swiftly resumed campaigning on Wednesday after she was briefly detained in Germany during a protest against a coal mine expansion, tweeting that protecting the climate was not a crime.


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Don't forget about your old 401(k) if you quit a job or are laid off. What departing workers need to know
Don't forget about your old 401(k) if you quit a job or are laid off. What departing workers need to know
While not everyone participates in a 401(k), those who do should know what their options are for their retirement savings if they leave their employer.


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Why inflation is falling but prices are still rising
Why inflation is falling but prices are still rising
It\'s important to remember that the price rises we\'ve seen recently have been primarily driven by global energy prices. These are expected to come down, but not to as low as they were before, and any fall in energy prices will take time to feed through into the wider economy.


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Twitter Bird Statue Sells For $100,000 As Elon Musk Auctions Company Memorabilia
Twitter Bird Statue Sells For $100,000 As Elon Musk Auctions Company Memorabilia
The most expensive item that was sold during the tech giant's fire sale was a statue of the platform's famous bird logo.


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Investors are holding near-record levels of cash and may be poised to snap up stocks
Investors are holding near-record levels of cash and may be poised to snap up stocks
Investor cash holdings are near record highs, and that could be good news for stocks since there is a wall of money ready to come right back into the market.


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Is Dictatorship the Greatest Sin in Islam?
Is Dictatorship the Greatest Sin in Islam?
Yes, according to the Ayatollah Khomeini.


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'Enough is enough!': Outraged parents call out school board after 6-year-old allegedly shoots teacher | CNN
'Enough is enough!': Outraged parents call out school board after 6-year-old allegedly shoots teacher | CNN
In the first school board meeting since a 6-year-old allegedly shot his teacher in Virginia, parents expressed outrage and demanded the Newport News superintendent and the entire school board resign. CNN's Brian Todd reports.


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Exhausted and struggling to pay bills, British nurses go on strike
Exhausted and struggling to pay bills, British nurses go on strike
Tens of thousands of nurses across England walked out of hospitals on Wednesday, on strike over low pay that they say leaves them struggling to cover their bills and extreme stress at work that has pushed many to the edge.


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The more Prince Harry and Meghan Markle say, the less Americans like them
The more Prince Harry and Meghan Markle say, the less Americans like them
Prince Harry and Meghan Markle's U.S. popularity has crashed since the release of his book "Spare," according to exclusive polling for Newsweek.


Work
Twitter's bird statue sells for $100,000 at auction
Twitter's bird statue sells for $100,000 at auction
Nick Dove, a representative of Heritage Global Partners, the company administering the auction, told Fortune magazine the sale had nothing to do with recouping costs for the $44bn purchase, however.


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Valentines Day Gift Guide: The Most Romantic Museum Shop Gifts
Valentines Day Gift Guide: The Most Romantic Museum Shop Gifts
They already have a piece of your heart so now give them 500 more pieces of this vintage Valentine-themed puzzle from Cavallini & Co. It's so pretty, they may want to frame it once it's complete. Price: $20


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Utah Man Who Killed His Family Faced Child Abuse Investigation in 2020
Utah Man Who Killed His Family Faced Child Abuse Investigation in 2020
After hearing details about the case by phone, the County Attorney’s Office said, it determined that there was “insufficient evidence to pursue criminal charges.” The office said it takes “allegations of child abuse very seriously.”


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Americans can sponsor refugees directly under program launching this week
Americans can sponsor refugees directly under program launching this week
Groups of Americans will be able to directly sponsor refugees for resettlement in the United States under a new program launching on Thursday, three people familiar with the matter told Reuters, a step that could bolster admissions and reduce government costs.


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Matisse's The Dance: The masterpiece that changed history
Matisse's The Dance: The masterpiece that changed history
And if you liked this story, sign up for the weekly bbc.com features newsletter, called The Essential List. A handpicked selection of stories from BBC Future, Culture, Worklife and Travel, delivered to your inbox every Friday.


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A voting system error in New Jersey could flip the outcome of a local school board race | CNN Politics
A voting system error in New Jersey could flip the outcome of a local school board race | CNN Politics
A voting system error that caused some votes to be double-counted could flip the outcome of a non-partisan local school board race in New Jersey, according to Monmouth County election officials.


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Filmmaker Oliver Stone slams environmental movement over 'destructive' actions on nuclear
Filmmaker Oliver Stone slams environmental movement over 'destructive' actions on nuclear
The writer and director made his comments during an interview with CNBC's Tania Bryer at the World Economic Forum in Davos, Switzerland.


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Von Miller brings Super Bowl trophy to motivate Bills
Von Miller brings Super Bowl trophy to motivate Bills
\"I think the guys that we have in this locker room, the veteran leadership that we have -- you know, even having Von Miller in the locker room, just being able to talk with guys,\" quarterback Josh Allen said. \"It\'s so huge for what it does to our psyche and our mental approach to the game.\"


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How To Ring In The Year Of The Rabbit In Manhattans Chinatown This Year
How To Ring In The Year Of The Rabbit In Manhattans Chinatown This Year
88 East Broadway Mall will transform to feature rising AAPI brands including Nguyen Coffee, Dawang, and Banh by Lauren. The venue will also host a Panda Express Library with family friendly activities plus a MEET CHINATOWN Scavenger Hunt to explore Chinatown. On-site workshops will include Subtle Asian Baking, AAKI-LAB, and Anna Ye Tea, embroidery with MKC Threads and an AAPI artist alley.


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Victor Wembanyama stuffs the stat sheet in win over Fos-sur-Mer
Victor Wembanyama stuffs the stat sheet in win over Fos-sur-Mer
NBA draft prospect Victor Wembanyama continues to captivate the basketball world. The 7-foot-4 forward with an 8-foot wingspan showed during his latest game why he is projected to go No. 1 overall in the upcoming draft.


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The Disney Executive Who Made $119,505 a Day
The Disney Executive Who Made $119,505 a Day
Even by show business standards, former Walt Disney executive Geoff Morrell netted a massive payday from his brief time in Hollywood.


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VIP seat for Messi, Ronaldo clash fetches $2.6m
VIP seat for Messi, Ronaldo clash fetches $2.6m
The 37-year-old, who left Manchester United in December, has been made to wait for his debut when he was hit by a two-match suspension handed down by the English FA after being found guilty of smacking a phone out of a fan\'s hand following United\'s defeat to Everton in April.


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Power Rankings, two World No. 1s, a possible LIV TV deal and more this week in golf
Power Rankings, two World No. 1s, a possible LIV TV deal and more this week in golf
According to previous EA Sports news releases, players will get to compete in all four majors, FedEx Cup Playoffs and The Players, as well as additional tournaments in the LPGA, U.S. Amateur and Korn Ferry Tour.


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Jonathan Knight reveals he was forced to hide his sexuality in early days of New Kids on the Block | CNN
Jonathan Knight reveals he was forced to hide his sexuality in early days of New Kids on the Block | CNN
New Kids on the Block star Jonathan Knight has revealed that he was pressured into hiding his sexuality during the band's early days.


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Recession fears won't stop 'the big quit' in 2023, says LinkedIn
Recession fears won't stop 'the big quit' in 2023, says LinkedIn
Professionals are displaying confidence, optimism and resilience post-pandemic despite recessionary fears, LinkedIn told CNBC Make It.


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When youre serious about gamingyou work with a former pro gamer.
When youre serious about gamingyou work with a former pro gamer.
Meet Lightspeeds newest partner, Moritz Baier-Lentz.


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Some at Miss Universe didnt know there was a war, Miss Ukraine says
Some at Miss Universe didnt know there was a war, Miss Ukraine says
Contestant Viktoria Apanasenko also talked about how she had to smile while on the same stage as Miss Russia, who was wearing a dress the colour of blood.


Work
Twitter's bird statue sells for $100,000 at auction
Twitter's bird statue sells for $100,000 at auction
Nick Dove, a representative of Heritage Global Partners, the company administering the auction, told Fortune magazine the sale had nothing to do with recouping costs for the $44bn purchase, however.


Work
The 7 cities you 'must visit before you die,' according to 50 travel expertsonly one is in the U.S.
The 7 cities you 'must visit before you die,' according to 50 travel expertsonly one is in the U.S.
Traveling is one of the most meaningful experiences you can have in life. Travel writer Sharael Kolberg asked 50 travel experts about the top cities everyone should visit at least once before they die.


Work
What happens if the US hits the debt ceiling?
What happens if the US hits the debt ceiling?
That is due in part to major government spending during the financial crisis and the pandemic - but it is also a reflection of the fact that the country has consistently run a budget deficit - spent more than it raised - every year since 2001.


Work
Premier League clubs dominate richest in the world
Premier League clubs dominate richest in the world
Watch every angle we could find of Wilfried Gnonto\'s fabulous volley against Cardiff which gave a rampant Leeds United the lead after just 26 seconds in the FA Cup third round replay at Elland Road.


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How Extraordinary Measures Can Postpone a Debt Limit Disaster
How Extraordinary Measures Can Postpone a Debt Limit Disaster
In her letter to Congress, Ms. Yellen said ominously that “Treasury is not currently able to provide an estimate of how long extraordinary measures will enable us to continue to pay the government’s obligations.” She then surmised that it is unlikely that cash and extraordinary measures will be exhausted before early June.


Work
Trump mistook rape accuser E. Jean Carroll for ex-wife Marla Maples in deposition about photo
Trump mistook rape accuser E. Jean Carroll for ex-wife Marla Maples in deposition about photo
Trump married Maples in 1993, several months after the birth of their daughter, Tiffany. The couple, who began their romantic relationship while Trump was still married to Ivana, divorced six years later.


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Amazon discontinues charity donation program amid cost cuts
Amazon discontinues charity donation program amid cost cuts
Amazon has commenced the largest layoffs in its history and instituted a hiring freeze across its corporate workforce. As Jassy has worked to rein in costs, the company paused warehouse expansion and shuttered some experimental projects like its telehealth service and a quirky, video-calling device for kids.


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Fugitive $100 million New Jersey deli defendant Peter Coker Jr. arrested in Thailand
Fugitive $100 million New Jersey deli defendant Peter Coker Jr. arrested in Thailand
Prosecutors have said that the Cokers and Patten \"artificially inflated\" the values of Hometown International and E-Waste stock by 939% and 19,900% respectively through manipulated trades in shares.


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Floods devastate Philippines as president declares 'state of calamity'
Floods devastate Philippines as president declares 'state of calamity'
The deadly flooding this month has prompted fears over how climate change is triggering more frequent and intense extreme weather across the country. Typhoons, sea level rise and storm surge, all of which put the Philippines\' urban and coastal populations at high risk, are expected to intensify as climate change worsens.


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Markets fully price in quarter-point interest rate hike in February as inflation slows
Markets fully price in quarter-point interest rate hike in February as inflation slows
\"I expect that we will raise rates a few more times this year, though, to my mind, the days of us raising them 75 basis points at a time have surely passed,\" Harker, an FOMC voter, said Thursday. \"In my view, hikes of 25 basis points will be appropriate going forward.\"


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Homebuilder sentiment rises in January for the first time in a year, thanks to lower mortgage rates
Homebuilder sentiment rises in January for the first time in a year, thanks to lower mortgage rates
A measure of mortgage applications to purchase a home did rise sharply last week, according to the Mortgage Bankers Association. Unfortunately, the number of new listings on the market is down from a year ago.


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Every American could feel the pain of Washington's next showdown | CNN Politics
Every American could feel the pain of Washington's next showdown | CNN Politics
The fate of the economy may rest on McCarthy's capacity to deliver his fractious conference to some kind of compromise - a feat that after his chaotic and desperate bid to win the speakership may be beyond him.




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