Jack

Bank of Canada's Economic Approach Resembles the Outdated Practices of 19th-Century Doctors

Bank of Canada’s Economic Approach Resembles the Outdated Practices of 19th-Century Doctors

By Jack, Sep 14, 2023, 09:58 PM Jim Stanford, an economist and director of the Centre for Future Work, and David Naylor, a physician, clinical epidemiologist, and former president of the University of Toronto, draw a compelling analogy between historical medical practices and the current economic approach to Canadian inflation. In the 19th century, doctors…

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European Central Bank Raises Interest Rates to Historic High, Suggests Potential Peak

European Central Bank Raises Interest Rates to Historic High, Suggests Potential Peak

By Jack, Sep 14, 2023, 09:15 PM On Thursday, the European Central Bank (ECB) made a significant announcement, raising its main interest rate for the 10th consecutive time. This decision was driven by the ECB’s determination to combat rising inflation, which took precedence over concerns about a weakening economy. Over the course of these consecutive…

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Columbia Woman Faces Arrest and Charges for Fraudulent COVID PPP Loan Application

Columbia Woman Faces Arrest and Charges for Fraudulent COVID PPP Loan Application

On September 5th, law enforcement officials formally accused Quentel Renee Brevard of engaging in deceptive practices to obtain a signature or property, with the alleged value exceeding $10,000. By Jack, Sep 14, 2023, 02:27 PM Law enforcement officials in South Carolina have apprehended a Columbia resident on charges of fraudulently obtaining thousands of dollars in…

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August Surplus in U.S. Budget Emerges Following Student Loan Cost Reversal

August Surplus in U.S. Budget Emerges Following Student Loan Cost Reversal

By Jack, Sep 14, 2023, 01:40 PM In an uncommon turn of events, the U.S. government celebrated an August surplus of $89 billion, a remarkable shift attributed to a $319 billion turnaround in expenses following the Supreme Court’s June decision to invalidate President Joe Biden’s student loan forgiveness program. The Treasury Department disclosed this surprising…

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Paxos, PayPal's Partner, Exceeds $510,750 in Bitcoin Transaction Fee, Setting a New USD Record

Paxos, PayPal’s Partner, Exceeds $510,750 in Bitcoin Transaction Fee, Setting a New USD Record

By Jack, Sep 14, 2023, 12:50 PM PayPal has come forward with an explanation for the substantial overpayment of $510,750 on a Bitcoin transaction fee, originally believed to be a human error. According to a spokesperson from PayPal, the blame lies with their infrastructure partner, Paxos. The spokesperson stated that on September 10, 2023, Paxos…

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