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The Grumpy Economist: Inflation Explainer

A couple of Stanford colleagues got together to talk about inflation, and that gave me the impetus to summarize recent writing as concisely as possible. Here you go, and thanks everyone for a great discussion. The big question Here we are, 9% inflation. Yes, I think it came from the big fiscal heli-drop. Others have […]

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Australian football promises quick action after Nazi salute at cup final

The “anti-social behavior” happened during a match between Macarthur FC and Sydney United 58 Alleged Hitler salutes and the booing of an Indigenous welcoming ceremony at Saturday’s Australia Cup final led to Football Australia pledging to take swift and decisive action against a “small minority of individuals”. Football Australia condemned the “anti-social behaviour” at Western […]

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The severe mortgage arrears rate fell in August

through Calculated risk on 09/30/2022 16:11:00 Fannie Mae reported that serious crime in individual families fell to 0.72% in August from 0.76% in July. The serious crime rate has fallen from 1.79% in August 2021. This is almost back to pre-pandemic levels. These are mortgage loans that are “three monthly payments or more past due […]

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Optus engages external review after data breach

An external review into how the personal information of nearly 10 million Australians was exposed in the Optus data breach has been announced. The investigation, conducted by consulting firm Deloitte, will look at the cybersecurity systems, controls, processes and cyberattack circumstances of the targeted telecommunications company. In a statement, Optus said the review was recommended […]

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Latest Trump News: Trump owes National Archives more lost records as Mary Trump says he plots ‘revenge’

Former US President Donald Trump claims he can release top secret documents just “by thinking about it”. Republicans are once again backing Trump despite his controversial comments, this time after he appeared to issue a death threat against Senate Minority Leader Mitch McConnell earlier this week. On Sunday, GOP Sen. Rick Scott of Florida refused […]

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Daniil Medvedev and Stefanos Tsitsipas defeat American big hitters to reach the semifinals of the Cincinnati Open

Reuters – World No. 1 Daniil Medvedev and fourth-seeded Stefanos Tsitsipas defused major American threats Taylor Fritz and John Isner on Friday to advance to the semifinals of the Cincinnati Open. Medvedev, champion in Cincinnati in 2019, sharpened his game for his upcoming US Open title defense with a 7-6, 6-3 win over 11th-seeded Fritz […]

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A historic concert at Carnegie Hall

Anthony Partners | Photo by Konstantin Golovchinsky It was a historic concert when the Gateways Music Festival Orchestra performed at Carnegie Hall. It is an ensemble composed entirely of classical musicians of African descent from orchestras across the country. The concert celebrated black composers and their works, including George Walker’s Symphony No. 3, Florence Price’s […]

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Brazil’s presidential race is in a runoff

“For months, pollsters and analysts had said President Jair Bolsonaro was doomed. He has faced a large and unshakable deficit in Brazil’s high-stakes presidential race, and in recent weeks polls have suggested he could lose even in the first round and end his presidency after just one term,” reports the New York Times. “Instead, it […]

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Knocking on Heaven’s Door: Finding Eden in Time

People often prefer the past and future to the present. A poet scribbles a few feet about his lost beloved instead of singing about the kind woman he met that morning; a mother remembers when her children were little and preferred the voice of happy teenagers to the quiet of tired twenty-somethings; Businessmen keep track […]

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Police officer faces disciplinary action for dancing at Orlando Stadium

A Rapid Railway Unit officer faces serious disciplinary action after making some moves while under the influence of alcohol at Orlando Stadium today. According to a media statement, in line with SAPS disciplinary regulations, the South African Police Service (SAPS) management opened a departmental inquiry into the behavior of a police officer in 2016 after […]

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