While newsrooms across the country are cutting staffers and local news is an essentially dead market, Gannett, the country’s largest newspaper owner, announced earlier this month that it will hire two journalists who will exclusively report on Taylor Swift and Beyonce Knowles.
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ECONOMIC UPDATE – MARKET OVERVIEW
The Street is surprised, but Trends Journal subscribers aren’t. Ready for this “shocking” Bloomberg headline? “Canada inflation quickens to 4 percent, driven by higher gas prices.”
THE GLOBAL DEBT MARKET IS NOW FLASHING RED
Last week Bloomberg reported this: “The Bond Market Has Not Flashed a Warning Sign for This Long in Over Six Decades.”
MONEY MARKET FUNDS UP $1 TRILLION THIS YEAR
Money market funds’ assets have grown by $1 trillion so far this year, the Financial Times reported, and are poised to end this year with an additional $1.5 trillion if the current pace of deposits continues.
TECHNIQUES BEING USED TO TRAIN AI WILL BE USED TO TRAIN—AND LIMIT—HUMANS
For years, scientists have been developing, with increasing success, AI that can self-learn in more sophisticated ways.
Neural net learning, modeled on the way human brains process and hold onto or discard information, is one of the most advanced ways AI systems “self-learn.”
ULTRA-PROCESSED FOODS LEAD TO INCREASED RISK OF HEART DISEASE
A new study conducted in France found that certain additives in ultra-processed foods could elevate the risk of heart disease in the general population.
NATO HEAD: GET READY FOR A LONG WAR IN UKRAINE
Jens Stoltenberg, the head of NATO, told a German news outlet on Sunday that the Western countries supporting Ukraine should prepare for a “long war” because most conflicts stretch longer than first thought.
ECONOMIC UPDATE – MARKET OVERVIEW
The facts are there for all to see. Across the globe, the rich are getting richer as the plantation workers of Slavelandia get poorer. And to make a bad situation worse, the era of Dragflation, where economies go down and inflation rises, has just begun.
REMOTE WORKERS ALSO FEEL REMOTE FROM EMPLOYER’S MISSION
The proportion of remote workers who feel connected to their company’s mission or purpose slipped from 32 percent to 28 percent year over year, according to a Gallup survey of 9,000 employees this spring and summer.
SPOTLIGHT: EUROPE GOING DOWN
The HCOB purchasing managers index (PMI), which measures business activity across the 19-country Eurozone, sank to 47 in August, its lowest in 33 months, after the ongoing slump in manufacturing was joined by an unexpected contraction in services.