Monthly Archives: November 2022

A 36-hour crowdfunding burst funded 60 armoured personnel carriers vital for Ukraine’s winter warfare

British FV103 Spartan APC Airwolfhound/WikieCommons/Creative Commons Attribution-Share Alike 2.0 60 British FV103 Spartan armored personnel carriers were purchased in 36 hours through crowdfunding. $6.5 million was raised for the hardly-used equipment by Ukraine’s Serhiy Prytula charity foundation. The APCs will help the Ukrainian troops in the difficult conditions expected over the winter months. A fundraising…

Stocks have gained in the year after every midterm election since World War II – and investors can expect that run to continue even as the Fed keeps hiking rates

Linda Sims places her ballot into a drop box at the Los Angeles County Registrar-Recorder/County Clerk in Norwalk, CA. Irfan Khan / Los Angeles Times via Getty Images The S&P 500 is likely to extend a historic run of positive returns after midterm elections, market strategists say.  The S&P 500 in has posted positive returns…

His COVID lockdowns made him one of the most unpopular politicians in China. Xi Jinping just made him the 2nd-most powerful man in the country. Meet Li Qiang.

Li Qiang was appointed the second position in China’s 7-man top brass, under only President Xi Jinping. Lintao Zhang/Getty Images Li Qiang became deeply unpopular in Shanghai for imposing the city’s two-month lockdown. Last month, he was named China’s new premier, making him the second-most powerful man in China. They key to his success is…

Election integrity is still a ‘top priority’ for Twitter despite mass layoffs, safety chief says

Elon Musk has axed thousands of jobs at Twitter. Susan Walsh/AP Twitter has laid off half its workforce including some responsible for content moderation. Some fear this may allow more disinformation on the platform ahead of Tuesday’s midterm elections.  Yoel Roth, Twitter’s head of safety and integrity, has downplayed these concerns. Twitter’s head of safety…

I worked from a luxury co-working space in Brooklyn where a desk costs half my rent. Companies struggling to lure employees back to the office should take notes.

Hannah Towey/Insider I worked for a day from The Malin, a new luxury co-working space in Williamsburg, Brooklyn.  It struck the perfect balance between WFH comfort and the productivity of an office environment. See inside the high-end office — from its sunlit library and green velvet booths to a granite kitchen. The Malin, a boutique…

Home prices are falling as rates rise, but the Fed’s sway over the housing market is tricky, experts say

Home prices have dropped, even in some of the most popular areas. Justin Sullivan/ Staff/ Getty Images The housing market is likely in for more pain as the Fed continues to raise interest rates.  But the central bank’s influence over the sector is direct and indirect, experts said. “Inflation is much more of a barometer…

‘The Fed has to do the dirty work’ and induce a US recession that’s deeper than Europe’s as the economy is clearly overheating, BofA says

Peopleimages/Getty Images The Federal Reserve has to do the “dirty work” of bringing labor demand down to match supply, Bank of America analysts said. As a result, the US will face a deeper recession than Europe, where the labor market is already much weaker.  BofA sees the Fed hiking the benchmark rate to 5.25%, while…

Autumn Nations Series 2022: How to watch the rugby internationals live

The 2022 autumn internationals, or Autumn Nations Series, is now underway. The competition sees Argentina, Australia, England, Fiji, France, Georgia, Ireland, Italy, Japan, New Zealand, Samoa, Scotland, South Africa, and Wales battle it out over four rounds. There’s no actual tournament structure per se, but the main test theme is northern vs southern hemisphere –…