Have we reached peak social media?

by CharlesIntheWoods I’m 28 years old, so I’m right on the cusp of Gen Z. I started posting videos to YouTube when I was 11 and made my Facebook account when I was 12. My adolescent years were defined by social …

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FOMC Minutes: “The staff provided an update on its assessment of the stability of the U.S. financial system and, on balance, continued to characterize the system’s financial vulnerabilities as notable.” “Hedge fund leverage reached its highest level since 2013.” Ruh-roh…

Source: https://www.federalreserve.gov/monetarypolicy/files/fomcminutes20240731.pdf TLDRS: The Federal Reserve’s July FOMC meeting minutes highlight economic concerns and financial vulnerabilities. Usage of the Overnight Reverse Repo (ON RRP) facility slightly declined, with a more noticeable decrease expected later in the year due to increased Treasury …

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SCE Labor Market Survey: The proportion of individuals who reported searching for a job in the past four weeks rose to 28.4% from 19.4% in July 2023, highest since March 2014. The average expected likelihood of becoming unemployed in the next four months reached a series high.

Source: https://www.newyorkfed.org/microeconomics/sce/labor#/ TLDRS: The Federal Reserve Bank of New York’s July 2024 SCE Labor Market Survey reveals significant changes in the job market, with 28.4% of individuals actively searching for jobs, the highest level since the survey’s inception in 2014. The …

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The layoffs have finally reached Apple.

Looks like they’ve reached the Last Resort 😬 pic.twitter.com/ykDP2IsekD — Rho Rider (@RhoRider) March 22, 2024 $AAPL Apple employs approximately 12,000 engineers, designers, and marketers, excluding store and support staff. In the 3rd quarter, the company allocated $7.69 billion towards …

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U.S. Consumers Have Reached A Breaking Point

by Michael Over the past several years, the cost of living has been rising significantly faster than paychecks have.  As a result, U.S. consumers have reached a breaking point.  Delinquency rates are spiking and bankruptcies have risen to a very dangerous level.  I …

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The cost of housing in the United States has reached an all-time high, with Americans now needing to make $114,600 per year to afford a median-priced home — To put things in perspective, the median household income is only $75,000.

by TonyLiberty The cost of housing in the United States has reached an all-time high, with Americans now needing to make $114,600 per year to afford the median-priced home. To put things in perspective, the median household income is only …

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LA Already Reached Utopia

by Chris Black This sh*t is pretty hardcore. I’m kinda surprised this is even allowed in California. I mean, women prostituting themselves in broad daylight, in front of kids…come on, man..… Continue reading by subscribing. Username Password Remember Me   …

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