As Congress begins to reconcile the different versions of financial stimulus passed by the House and Senate to relieve the devastation of the COVID-19 pandemic, we can only hope that someone brings a rigorous sense of financial reality to the table. There is a lot at stake beyond the immediacy of the devastating effects of the pandemic. Congress may once again be paving the path to the next financial crisis. Financial collapses typically follow the creation of economic bubbles, so it is useful to understand when bubbles are forming. Most bubbles are characterized by too much credit chasing overvalued assets. Many financial bubbles often masquerade for some time as strong economic growth, shedding their disguises only when it is too late to stop them from bursting. Just like the contestants in the popular 1960’s TV game show “To Tell the Truth,” which climaxed when the real baseball player or plumber was asked to stand up and surprise the audience , many bubbles are quite … [Read more...] about Will the real financial bubble please stand up?
Late night check cashing
ATLANTA (AP) — In the midst of a pandemic, this was assured of being an NBA All-Star Game like no other. The stands were mostly empty. The crowd noise was largely piped in. There were no A-list celebrities sitting courtside. Two players had to sit out after getting haircuts. READ MORE: Serena Williams, Gabrielle Union Express Support For Meghan Markle, Prince Harry After Bombshell Interview But in the end, it had a familiar feel. Team LeBron won again. Knocking down shots from all over the court, LeBron James’ powerhouse squad closed the first half with a dominating run to set up a 170-150 romp over Team Durant in the league’s 70th midseason showcase Sunday night. The top vote-getters in each conference have picked the teams the last four years, a duty that James has earned every season. He’s now 4-0, having defeated Stephen Curry’s squad in 2018 and teams selected by Milwaukee’s two-time reigning MVP Giannis Antetokounmpo the previous two years. This time, James … [Read more...] about Team LeBron Wins NBA All-Star Game 170-150
close Video Fox News Flash top entertainment headlines for March 6 Fox News Flash top entertainment and celebrity headlines are here. Check out what's clicking today in entertainment. In an Instagram post, Alex Trebek’s daughter Nicky reflected on the pancreatic cancer announcement he made to " Jeopardy! " fans in 2019. "It was 2 years ago today while we were working on the @jeopardy set that my dad bravely stepped out in front of the camera to announce he had been diagnosed with #pancreaticcancer," Nicky wrote on Saturday, March 7. ALEX TREBEK'S DAUGHTER PRAISES LATE 'JEOPARDY' HOST AFTER HIS LAST EPISODE: ‘YOU WERE EXTRAORDINARY’ "He brought much-needed #awareness to this terrible disease and provided #hope to so many struggling," she continued. "I'm beyond proud of him for his courage and integrity throughout his illness." Alex Trebek passed away on Nov. 8, 2020, at the age of 80 to stage four pancreatic cancer. … [Read more...] about Alex Trebek’s daughter pays tribute to the anniversary of the ‘Jeopardy!’ host’s cancer announcement
Presented by the National Shooting Sports Foundation Welcome to The Hill’s Morning Report. Today is Monday and it is International Women’s Day ! We get you up to speed on the most important developments in politics and policy, plus trends to watch. Alexis Simendinger and Al Weaver are the co-creators. Readers can find us on Twitter @asimendinger and @alweaver22. Please recommend the Morning Report to friends and let us know what you think. CLICK HERE to subscribe! Total U.S. coronavirus deaths reported as of this mornin g: 525,035. As of this morning, 17.2 percent of the U.S. population has received at least one dose of a COVID-19 vaccine and 9.2 percent are fully vaccinated, according to the Bloomberg News global vaccine tracker . The Biden administration’s $1.9 trillion COVID-19 relief package is on the verge of becoming law, pending action by the House and White House in the coming days, as health experts warn that … [Read more...] about The Hill’s Morning Report – Presented by the National Shooting Sports Foundation – Relief bill to become law; Cuomo in trouble
Dr. Michael Osterholm. Photo: Stuart Isett for Fortune Brainstorm Health Michael Osterholm has spent the past year as afraid of getting Covid as anyone else. “You know how many times I’ve woken up in the morning and said, I wonder if today’s the day I could get infected?” One of the world’s leading epidemiologists, he is reassured by the fact that he doesn’t go anywhere—“I’m the guy who has the same tank of gas in his car that he had three months ago”—but he, too, is desperate to be done with the pandemic. “I miss my grandkids,” he told Intelligencer from his Minneapolis-area home, his assured voice turning wistful. “My God , I miss my grandkids.” Osterholm, 67, is the director of the Center for Infectious Disease Research and Policy at the University of Minnesota and has spent the past four decades studying epidemics, but he became nationally famous a year ago for his stark predictions during the first shocking wave of the pandemic in the U.S. “In April, I said, ‘These … [Read more...] about The Pandemic’s Dr. Doom Bets It All