Category: Reddit Post

Iran keeps announcing its plans for how it will punish Israel for Haniyeh’s untimely demise.

They’ve published a list of targets, down to a local supermarket, and now they’re saying that the “air operation” will last three to four days. But they haven’t yet figured out how to “punish” Israel without suffering consequences themselves. For now, the tense waiting continues. Although, I don’t think the wait will be long, maybe two or three more days. Then they’ll either do something symbolic—like sink a banana boat in the Red Sea that “belongs to Israel”—or they’ll actually attack, with all the consequences that come with it. They probably can’t keep up this charade for months. It’s crucial for these thugs to save face, but they’ve already become a laughingstock across the Middle East. Just open any Arab website and see the cartoons they’re drawing about them. submitted by /u/XGramatik [link] [comments]

The stock market is a prophet? Well, it might be, and also can predict the outcome of the presidential election

Who is the true winner of the presidential election? Yet we don’t know. But do we want to know? Of course! We can use astrology, maidens or even witches to take a look what future holds for us. But what about something more realistic? What can be more “real” and precise than numbers? Nothing. And the numbers from the S&P 500 are what we are looking for. Did you know, that since 1928, the S&P 500 has had an 83% accuracy rate in determining which political party will win the White House? I barely knew it. However, the stock market’s performance in the three-month window before election day is the ultimate predictor of who will win the presidency. 83% accuracy rate, can you imagine this? But it’s only 83%, not 100%: the market can get it wrong with the 2020 presidential election being a prime example. Who will take the chair only God knows. Or the S&P 500, they’re basically demi-gods nowadays submitted by /u/Aftermebuddy [link] [comments]

Binance has saved more than $73 million stolen in hacks.

Cryptocurrency exchange Binance’s security team has recovered or frozen more than $73 million in user funds stolen as a result of external hacks as of 31 July 2024. For 2023, the exchange has managed to retain approximately $55 million. https://preview.redd.it/fnroccsvewhd1.png?width=722&format=png&auto=webp&s=7ff99acfb2304cedf467ec63396f766f886ca0cd submitted by /u/Lor1al [link] [comments]

The City of Santa Monica has officially launched a Bitcoin Office to enhance education and explore economic opportunities related to Bitcoin, further positioning itself as a leader in crypto innovation.

The Bitcoin Office’s primary goals include educating the local community, exploring potential partnerships that could boost the city’s economic recovery, and identifying career opportunities related to Bitcoin for residents and students. https://preview.redd.it/h6mv65l5dwhd1.png?width=1131&format=png&auto=webp&s=7bfa1455c183298bec8cf833ec605345cd410294 submitted by /u/Lor1al [link] [comments]

Container shipping costs from China have surged to their highest levels since 2022, contributing to rising inflation.

https://preview.redd.it/pea1isjli0id1.png?width=1280&format=png&auto=webp&s=5329a9ca3d38d4a2f07667d029d011964b3d7f0e Since the start of 2024, shipping rates have more than tripled. It now costs around $9,000 to ship a 40-foot container from Shanghai to New York and about $8,000 to Los Angeles. This spike is due to a steep decline in Suez Canal traffic, disruptions at several Asian ports, and increased demand driven by inventory restocking. submitted by /u/XGramatik [link] [comments]

After a rash of stolen cars, Hyundai and Kia’s new anti-theft software is showing results

CNN — More than a year after Hyundai and Kia released new anti-theft software updates, thefts of vehicles with the new software are falling, according to a new analysis of insurance claim data. The automakers released the updates starting last February, after a tenfold increase in thefts of certain Hyundai and Kia models in just the past three years — sparked by a series of social media posts that showed people how to steal the vehicles. “Whole vehicle” theft claims — insurance claims for the loss of the entire vehicle — are 64% lower among the Hyundai and Kia cars that have had the software upgrade, compared to cars of the same make, model and year without the upgrade, according to the Highway Loss Data Institute. “The companies’ solution is extremely effective,” Matt Moore, senior vice president of HLDI, an industry group backed by auto insurers, said in a statement. The cars in question are certain older Hyundai and Kia models made before 2023 that are particularly vulnerable to theft. Less expensive versions of these vehicles were equipped with turn-key ignitions rather than a button-press to start, and they’re roughly twice as likely to be stolen as other vehicles of a similar age, according to the HLDI. Many of these vehicles also lack some basic auto-theft prevention tech, such as electronic immobilizers, included in most other vehicles made the same years, says the HLDI. Immobilizers rely on a computer chip in the car and another in the key that communicate to confirm that the key is authentic and really belongs to that vehicle. Between early 2020 and the first half of 2023, thefts of Hyundai and Kia models rose more than 1,000%. submitted by /u/Ankle_be [link] [comments]

Inflation?! – Everything is under control. How much have prices surged over the past 24 years?

https://preview.redd.it/tv56pnjpquhd1.png?width=851&format=png&auto=webp&s=992a5482e2c4d692ff6821ba33e212a428a2b160 Since the start of the century, prices for hospital services in the US have shot up by 256%. College tuition and fees, along with textbooks, have also seen significant increases of 188% and 158%, respectively. Childcare or nursery school costs and medical care services have climbed by 139% and 136%. In contrast, the prices of TVs, toys, and computer software have plummeted by 98% and 74%. For context, average hourly wages have risen by 119% since 2000, which means wage growth is lagging behind the price hikes of many essential items. submitted by /u/XGramatik [link] [comments]

Classics

submitted by /u/Lor1al [link] [comments]

Do you know anything about crypto loans? Are you aware of this instrument ?

Stablecoin USDe has launched on the Solana network, according to an Aug. 7 announcement from its developer, Ethena Labs. Borrowers will be able to use Solana as collateral for USDe loans as soon as Ethena (ENA) token holders approve their use. USDe is also integrated with several Solana apps, including KaminoFinance, Orca, Drift, and Jito. USDe was previously available only on Ethereum, and loans could be taken out using Ether or Bitcoin as collateral. submitted by /u/Lor1al [link] [comments]

New homes are quickly becoming the only option in the U.S. No one wants to sell their home and lose a 3% mortgage rate – a sign that a ‘soft landing’ isn’t coming.

In the first quarter of 2024, 33.4% of single-family homes for sale in the U.S. were new constructions, the second-highest rate on record. Just four years ago, only about 16% of homes for sale were new builds. In just five years, this share has more than doubled. For comparison, after the 2008 financial crisis, 1 in 20 homes for sale was new. For the first time since 2005, the median price of an existing home has surpassed the median price of a new home. https://preview.redd.it/guafgs1ninhd1.jpg?width=864&format=pjpg&auto=webp&s=5f866a9733c469420b0147129ebcffc9d2629120 submitted by /u/Teralderendo [link] [comments]

Canada Labour Market Report (Jul)

Employment Change: -2.9k vs. 25.0k exp. (prior -1.4k) Unemployment Rate: 6.4% vs. 6.5% exp. (prior 6.4%) Hourly Earnings (YoY): 5.2% vs. 4.8% exp. (prior 5.6%) submitted by /u/XGramatik [link] [comments]

The gold price is breaking new all-time highs 🥇

The continued strong buying pressure from central banks around the world and comment on the recent mini crash that shook the world’s stock markets. During July, the gold price surged to $2,481, reaching a new all-time high. It then dropped to $2,448, resulting in a total increase of 4.99%. Silver, on the other hand, climbed to $31.69 at the beginning of July, but dropped to $29.04, ending the month with a decrease of 1.4%. Data as of: 24-07-31. Retail investors in the West, along with strong demand from China and India, are boosting the gold market. Central banks continue to buy in record quantities, setting a new record of 483 tonnes in the first half of 2024, reinforcing the long-term bullish momentum. Japan’s interest rate hikes have prompted a reevaluation of the yen-carry trade, affecting global markets. Anticipated US rate cuts are expected to drive investment rotations toward interest rate-sensitive sectors, benefiting smaller companies and sectors like mining. AuAg Funds@AuAgFunds submitted by /u/Ankle_be [link] [comments]