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The Economist is hiring a writer on economics to join their team in London. While journalistic experience is not necessary, the ability to write clearly and entertainingly, along with a thorough understanding of economics and data analysis, are crucial. The ideal candidate would have an interest in the economics of innovation and technology, but this is not a requirement. The writer will be expected to produce original and striking journalism that is capable of holding the cover of The Economist, as well as contribute to the newspaper’s “Free exchange” column. Additionally, they will be expected to appear on podcasts and…

Zhang expressed his excitement about participating in the invitational tournament, noting that it has become an elite event that features top-tier players. He mentioned that he has not competed in this tournament since it transitioned into an invitational format, highlighting the level of competition and anticipation that each match brings. The atmosphere of the tournament is one of prestige and excitement, with players from around the world coming together to showcase their skills. Zhang emphasized the competitive nature of the event, stating that every match is filled with anticipation and challenges. He acknowledged the tough competition that he would face…

President Joe Biden issued a series of strong warnings about the potential consequences of a second Donald Trump term during a high-profile fundraiser in Los Angeles on Saturday evening, calling the upcoming 2024 presidential election a crucial moment in American history. “Institutions matter,” the president emphasized. “What (Trump) did on January 6, and now he’s literally saying if he doesn’t win there’ll be a bloodbath — it’s outrageous. What he’s talking about is outrageous.” The fundraiser, which included appearances by former President Barack Obama and was hosted by television personality Jimmy Kimmel, raised over $30 million for Biden’s reelection campaign,…

Good evening and welcome, I’m reporting live from Wall Street where stocks are trading near record highs following a recent surge. Investors have finally received some long-awaited clarity on the path for inflation and interest rates, sparking a rally driven by robust corporate earnings and the artificial intelligence boom. Last week, the S&P 500 and Nasdaq Composite indexes both clinched several record closes as cooler-than-expected May Consumer and Producer Price Index reports raised hopes that inflation is coming down once again. Despite this positive news, the Federal Reserve held interest rates steady and signaled just one cut for this year,…

Daniel Kahneman, a Nobel prize-winning economist who passed away on March 27th, was known for incorporating equations into his papers, as well as using characters and conundrums to illustrate his points. In his work, readers encountered scenarios such as a schoolchild with an IQ of 150 in a city where the average was 100, and Mr. Tees, who arrived at the airport 30 minutes after his flight’s scheduled departure only to find out that the plane had left 25 minutes late. These scenarios were used to highlight the cognitive biases and mental shortcuts that can impact people’s decisions. In one…

In a recent announcement, the Internal Revenue Service revealed its latest efforts to target wealthy tax cheats with the help of funding from the Inflation Reduction Act. This initiative, supported by the Biden administration, aims to close a major tax loophole used by some business partnerships to avoid paying their fair share of taxes. Treasury Secretary Janet Yellen expressed gratitude for the resources provided by President Biden’s legislation, stating, “Thanks to resources from President Biden’s Inflation Reduction Act, Treasury and the IRS have the tools to stop longstanding abuses.” The new IRS initiative focuses on addressing “basis shifting transactions” that…

In a recent interview with The Cut, actress Jodie Turner-Smith shared her positive response to ex-husband Joshua Jackson dating Lupita Nyong’o, saying, “Good for them. We need happiness in order to peacefully co-parent.” Turner-Smith expressed her desire to emulate Gwyneth Paltrow and Chris Martin’s amicable co-parenting relationship. The couple split in late 2023 after marrying in 2019 and share a four-year-old daughter, Juno Jackson. Turner-Smith reflected on the challenges of going public with their relationship, particularly during her pregnancy and early career. She opened up about the end of their marriage earlier this year, emphasizing the importance of choosing what…

In a recent development, Beijing has initiated an investigation into the prices of pork from the European Union, a major EU food export. This move comes just days after Brussels increased tariffs on electric vehicles from China, potentially escalating tensions in one of the world’s largest trading relationships. China’s Ministry of Commerce announced on Monday that local agricultural producers had requested an anti-dumping investigation into pork and pig by-products from the EU. A preliminary inspection revealed sufficient grounds for a formal probe into whether prices are artificially low. The investigation is expected to conclude within a year but may be…

At this point in time, it is safe to say that almost everyone involved in the global markets is well-acquainted with the idea of higher-for-longer interest rates. However, another crucial concept that is likely to become increasingly significant in understanding central bank policies is the notion of less-for-longer quantitative tightening (QT). This term refers to the Federal Reserve’s strategy of gradually reducing its assets to reverse the massive bond purchases made during the covid-19 pandemic. The Fed aims to employ a less-for-longer approach in order to ultimately end up with a smaller balance sheet than would have been the case…

Charles Broom’s recent success at the LTA’s Rothesay Open has left him optimistic about his prospects for the upcoming summer season on grass courts. The 26-year-old exceeded expectations by making it to the final of the ATP Challenger Tour event, where he faced off against fellow qualifier Jacob Fearnley. Despite ultimately falling short in a closely contested match, Broom reflected positively on his performance throughout the tournament. Broom’s journey to the final included an impressive victory over British No.3 and former Rothesay Open champion Dan Evans. Reflecting on his unexpected success, Broom remarked, “Going into the first round of qualifying…