Bank of America, Citigroup, JPMorgan Chase, and Wells Fargo are expected to report collective net interest income of less than $62 billion in this year’s third quarter, analysts told the Financial Times.
Category: 15 October 2024
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HURRICANE, BOEING STRIKE HIKE JOBLESS RATE TO ONE-YEAR HIGH
In the week ending 3 October, jobless workers filed 258,000 new claims for unemployment benefits, the U.S. Labor Department said, the most since early August 2023.
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INFLATION TICKS DOWN BUT EXCEEDS FORECAST
The pace of U.S. inflation eased from 2.5 percent in August to 2.4 percent in September, the Bureau of Labor Statistics reported.
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TECHNOCRACY BRIEFS: AMERICAN TAXPAYERS FUELING CHINA MILITARY INNOVATION, AND EV SCHOOL BUSES BREAKING DOWN ACROSS U.S.
American universities are the best in the world. Unfortunately, research at many of them is directly helping China advance its military technology and military related innovations.
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THE COST OF HAVING CREDIT CARDS IS STILL GOING UP
Even though the U.S. Federal Reserve has begun lowering its benchmark interest rates, credit card holders might not see much relief, The Wall Street Journal reported.
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BUDGET DEFICIT HIGHEST IN THREE YEARS
The yearly U.S. budget deficit hit $1.8 trillion in the fiscal year ending 30 September, the highest since 2021 when the COVID War was still under way, the Congressional Budget Office (CBO) reported.
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META’S “SMART GLASSES” CAN LEARN ALL ABOUT YOU
Meta designed its “smart” glasses as a wearable camera. They look like regular horn-rims but they’re able to take photos and videos of what you’re looking at.
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INDOOR VERTICAL FARM PLANS TO GROW FOUR MILLION POUNDS OF BERRIES A YEAR
Virginia’s Plenty Richmond Farm aims to branch out: its new growing system is designed to produce strawberries year-round from plants hanging off of 30-foot towers.
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NEWLY DISCOVERED PROTEIN HALTS DAMAGE TO DNA
Researchers at Canada’s Western University have discovered a protein in a bacterium called D. radiodurans that not only arrests damage to DNA but also signals the body’s repair mechanism to come and fix it.
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NEEDED: A NATURAL HUMAN REVOLUTION
In a 10 October X post, Peter Diamandis, co-founder of Singularity University and protege of preeminent transhumanist Ray Kurzweil, endorsed good AI fighting bad AI as the only way humanity would be protected in the future.