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In 2022, I argued that the Federal Reserve won’t pivot until the labor market breaks. This means that the Fed will need to create such a slowdown in the labor market that nobody will question their action when they pivot. This is what I call the “cover cuts”  policy. After today’s jobs report and the negative revision to this report and the previous ones, it is safe to say nobody outside of crazy people who want to see America go into a recession will question the Fed rate cut that will happen this month.  However, even if the Fed had…

Former Republican Vice President Dick Cheney said he will vote for Democratic candidate Kamala Harris in this year’s presidential electionThe 83-year-old released a Friday statement officially endorsing Vice President Harris.”In our nation’s 248-year history, there has never been an individual who is a greater threat to our republic than Donald Trump,” Cheney wrote. “He tried to steal the last election using lies and violence to keep himself in power after the voters had rejected him.””He can never be trusted with power again,” Cheney added.The former VP’s statement comes hours after his daughter, former Rep. Liz Cheney, said the elder Cheney…

Washington, DC – The fatal shooting of a 26-year-old Turkish American protester in the occupied West Bank has sparked fresh calls for the United States to demand accountability from Israel’s armed forces. But advocates say justice for US citizens killed by Israeli soldiers has long proven elusive, with many accusing the administration of President Joe Biden of applying a double standard to Israel and its military. Friday’s shooting claimed the life of 26-year-old Aysenur Ezgi Eygi, a dual US and Turkish citizen who was taking part in a demonstration against an illegal Israeli settlement on Mount Sbeih in Beita, a…

Miranda Lambert is one of country music’s best songwriters — and she’s got plenty of tales to tell on her upcoming album, Postcards From Texas. Lambert, 40, opens up about the inspiration behind some of her new songs in an exclusive cover interview with Us Weekly ahead of the album’s Friday, September 13, release. “After 20 years on Sony Records and then parting ways and regrouping, I had time to think, what do I really want my next chapter to be?” the Grammy winner explains. “I wanted to go back to the root and find my footing again. To finally…

Tether RE is a mobile app for helping real estate agents stay safe conducting showings, open houses and other activities with strangers. Whether it’s refining your business model, mastering new technologies, or discovering strategies to capitalize on the next market surge, Inman Connect New York will prepare you to take bold steps forward. The Next Chapter is about to begin. Be part of it. Join us and thousands of real estate leaders Jan. 22-24, 2025. Tether RE is a safety app for agents. Platforms: Mobile Ideal for: All agents Top selling points: Redundancy: four lines of defense Uses vetted call…

Democratic presidential candidate Vice President Kamala Harris arrives at Portsmouth International Airport in Portsmouth, New Hampshire, Sept. 4, 2024.Joseph Prezioso | AFP | Getty Images’We don’t make any changes until the law has passed’Currently, investors pay 0%, 15% or 20% for long-term capital gains, plus an extra 3.8% net investment income tax, or NIIT, once modified adjusted gross income, or MAGI, exceeds $200,000 for single filers or $250,000 for married couples filing together. Harris’ plan would also increase the NIIT to 5%, The Wall Street Journal reported Wednesday.Profitable assets owned for one year or less are subject to regular income…

A popular tourist island south of mainland China has been hit by the most powerful typhoon in a decade, leaving the area facing potentially catastrophic winds and torrential rain.Super typhoon Yagi slammed into Wenchang city in the north-east of Hainan island with winds of 223 km/h (138 mph) at 16:00 local time (09:00 BST) on Friday, according to state media.Yagi is the strongest to hit Hainan since Rammasun in 2014, which left 46 people dead. China’s weather agency said it is the strongest typhoon to make landfall in the autumn.Some 400,000 people in Hainan island were evacuated to safe ground…

NEW YORK (CelebrityAccess) — The United States Department of Justice has filed criminal charges against a North Carolina man, accusing him of creating hundreds of thousands of songs with A.I. which he then used bots to stream, generating millions in in royalty payments. A federal indictment filed in the Southern District of New York, charges Michael Smith with wire fraud, wire fraud conspiracy, and money laundering conspiracy. Each of the charges carries a potential sentence of 20 years in prison. “As alleged, Michael Smith fraudulently streamed songs created with artificial intelligence billions of times…

Real estate agents largely felt prepared to tackle the business practice changes outlined in the National Association of Realtors’ (NAR) commission lawsuit settlement agreement , according to the recently published Stephens Summer 2024 Real Estate Agent Survey. This is the seventh edition of the private investment bank’s quarterly survey. Responses for the newest edition of the survey were collected from Aug. 9-23. The NAR settlement business practice changes went into effect nationwide on Aug. 17. The report was written and prepared by John Campbell and Jonathan Bass. In total, 85% of agents surveyed reported that they felt “fully prepared” or “somewhat prepared” for these…

The US has promised Ukraine a new military aid package including more Bradley infantry fighting vehicles.The US-made armored vehicles, which offer maneuverability, versatility, and sufficient firepower, have proven valuable to Ukraine efforts on the battlefield — more so than the main battle tanks and other heavy armor it’s received.The US Department of Defense announced the aid package, estimated at $250 million, on Friday, noting that it “will provide Ukraine additional capabilities to meet its most urgent needs, including: air defense missiles; munitions for rocket systems and artillery; armored vehicles; and anti-tank weapons.”The US announced a new military aid package for…