As of 23 September 2024, the ringgit ringgit has risen more than 12% against the dollar this quarter, making it the best performing emerging-market currency. Here is a good insight (2.09 minutes).
The Federal Reserve reduced its target interest rate by .5% (aka 50 basis points) on September 18, 2024 . The federal funds rate is now between 4.75% and 5%. The goal is to maintain high employment and to cool-off inflation. You can read more here.
China's performance in 2024 Paris's Olympic was spectacular.
Table tennis, diving, swimming and tennis contributed to the gold medals won.
The article here offers some insights into how China achieved Olympic success. Population, geographic diversity and funding are key factors, among others.
Look for missing fingers, garbled text and unlikely architecture are some of the clues in identifying AI fake image, according to this article.
https://tech.co/news/ways-detect-ai-images-examples article
This article is quite long, but has important modern implications.
An excerpt from Econlife Blog:
"...Through Prime, Amazon just wanted to encourage us to buy more. However, a relaxed return policy has been costly for buyers, sellers, and the environment. On the demand side, returns take time while the supply side has a new expense and perhaps inadequate inventory for subsequent orders. And, as for the environment, we have wasted packaging and delivery mileage..."
Image credit: gettyimages.com
Read here for the timeline that lead to the collapse of Silicon Valley Bank (SVB). Silicon Valley Bank (SVB) was a state-chartered commercial bank headquartered in Santa Clara, California. It operated branches in California and Massachusetts. SVB was a pioneer of what is known as venture debt, a type of loan offered by banks and nonbank lenders specifically designed for early-stage, high-growth companies with VC backing. The vast majority of VC-backed companies now raise debt at some point from banks such as SVB.
Image credit: visualcapitalist.dom
As of 23 September 2024, the ringgit ringgit has risen more than 12% against the dollar this quarter, making it the best performing emerging...
