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Goldman’s forecast for stocks over the next 3 months isn’t pretty—and investors should expect ‘less pain but also no gain’ next year

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Despite a parade of recession predictions from Wall Street this year, Goldman Sachs’ strategists still believe a “soft landing” is likely. But that doesn’t mean stock market investors should celebrate. The 153-year-old investment bank’s equity research team, led by chief U.S. equity strategist David Kostin, said this week that they believe the S&P 500 will … Read more

Why Taylor’s ‘Midnights’ Isn’t Nominated

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Taylor Swift at the Toronto International Film Festival Chris Chew/UPI/Shutterstock Taylor Swift fans have a “Question…?” for the 2022 American Music Awards: Why isn’t Midnights nominated? The pop star, 32, is up for six trophies at this year’s music awards, which take place on Sunday, November 20. Among Swift’s numerous nominations is her ninth career … Read more

Why Bitcoin Has Weathered FTX’s Collapse and Why It Isn’t Time to Buy

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The bomb that went off this month in the crypto industry has only given Bitcoin a flesh wound. There are good reasons why the largest crypto token has held up despite the disorder that surrounds it, but this isn’t a time for investors to go shopping. That is not to say the token hasn’t suffered. … Read more

Football isn’t just Kerala, Bengal, Goa … it’s also Kolhapur

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A fortnight back, while Diwali shopping at a busy Kolhapur market, the Suryavanshis got into a tiff. Madhavi and Satish had a disagreement over the colour of the ‘akashkandil’ – celebratory lantern – they were buying to light up their home. The husband liked the one that was ‘blue & white’ but the wife was … Read more

Beloved Ankeny teacher isn’t riding alone on his long road to recovery

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Crowds packed into Iowa Tap Room Sunday night for a silent auction. Most were friends, family, coworkers and students of beloved Ankeny teacher Greg Lage.”Looking across the room, I can only compare it to our wedding when we had so many people from so many different chapters of our life that are here together. It’s … Read more

Fed’s Waller warns inflation fight isn’t over, interest rates will ‘keep going up’ despite prices cooling by more than expected

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Federal Reserve Governor Christopher Waller said “we’ve still got a ways to go” before the US central bank stops raising interest rates, despite good news last week on consumer prices. At the same time, policymakers can start considering whether to downshift their speed after four straight hikes of 75 basis points, and the Fed is … Read more

All Custodial Crypto Exchanges Should Adopt Proof-of-Reserve Programs, but Even That Isn’t Enough

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Last week FTX, once the third-largest crypto exchange by volume, owned and run by founder Sam Bankman-Fried (SBF), went through a meltdown. Here’s how that went down: On Nov. 2, a CoinDesk scoop showed that Alameda Research, SBF’s quantitative crypto trading firm, had a funny-looking balance sheet On Nov. 6, Changpeng “CZ” Zhao, founder and … Read more