“Most people understand in the world of Amazon (AMZN) and e-commerce, UPS isn’t going to be Monday to Friday or even Monday to Saturday any more, it’s going to be a seven-day operation,” said David Levin, spokesman for UPS Teamsters United. “But they made record profits. They don’t need concessions to do that.”
California’s blue wave is rolling — very, very slowly. Every two years, armchair analysts make the same mistake about California: They look at the election-night count and assume all the votes are in. Not so. In 2014’s primary, more than 1.1 million ballots were counted after Election Day. That’s why there are no Associated Press calls in three House districts and probably won’t be for days.
Along with providing preferential loans, a high Sesame Credit score – which ranges from 350 to 950 – can result in a huge variety of benefits, like no-deposit apartment and bicycle rentals. While the system is undoubtedly popular, the line between private social credit schemes and the government is being increasingly blurred. China’s supreme court, for example, shares a “blacklist” of people who haven’t paid court fines with Sesame Credit, which in turn deducts users’ scores until they sort out they pay up.
According to investment firm Deutsche Bank, the stock market, on average, has a correction every 357 days, or about once a year. Our last correction was about two years ago, and corrections have generally been quite infrequent since the Great Recession. While many investors, especially those new to stock investing simply aren’t used to experiencing swings like these, corrections are an inevitable part of stock ownership, and there’s nothing you can do as an individual investor to stop a correction from occurring.
Americans today are far more engaged with and knowledgeable about national politics than state or local politics, a gap that has been growing in recent decades. And it turns out that the changing media environment is a key engine of today’s nationalization. More and more, Americans are turning away from the media outlets that are most likely to provide a modicum of state or local coverage. They are substituting Fox News (or maybe FiveThirtyEight) for the Fayetteville Observer, and The New York Times’ website for the Nevada Appeal.
The Pension Crisis Will Break Up the EU (Thomas R.)
We are looking at the same story being painted throughout Europe. The low-interest rate policy for nearly 10 years has not merely destroyed the bond market in Europe, it has undermined the pension system both privately and publicly. Indeed, adding to this crisis is the mandate that all pension funds hold some or the majority of their investments into government debt. The combination of these policies clashes with the ECB and the nightmare on the horizon and why Draghi can’t leave fast enough to avoid personal blame.
The Money Supply Always Increases in Time of War (Thomas R.)
With this massacre, the Roman Senate declared the perpetrators as Rome’s ‘most wanted enemy’ and dispatched the famous Consul Lucius Cornelius Sulla having received the mandate by lot. He was given several legions fresh from the Social War to implement the mandate — a search and destroy mission. The ensuing wars would drag on for decades, spanning two continents and became known as the First Mithridatic War (88–84 BC) began with a declaration of war by the Senate.
Those sidelined workers might also be waiting for better offers. While wage growth has picked up since the beginning of the recovery, it’s still only running at about 3% per year, according to the Federal Reserve Board of Atlanta — significantly below the 5% level it reached in the early 2000s.
He Ran Into My Knife Ten Times (GE Christenson)
President Roosevelt (1933) confiscated gold and made private gold ownership illegal. Exceptions occurred, but citizens lost most or all gold coins. Double eagles ($20 gold coins) no longer circulated. Silver dollars and paper certificates remained in circulation.
And comments from Secretary of Treasury Steven Mnuchin in May suggested that the U.S. and Saudi Arabia had at least discussed the possibility in the context of the U.S. pulling out of the Iran nuclear deal. Mnuchin said that “various conversations with various parties about different parties that would be willing to increase oil supply to offset” the losses of Iranian supply. A bit of a word salad, but Mnuchin was likely telegraphing the willingness of Saudi Arabia to increase supply.
Dust Rising (blackeagle)
Asthma in Imperial County is rampant. More children are admitted to the emergency room here for asthma-related cases than anywhere else in the state; almost 1 in 5 children suffer from the condition. There’s a long list of reasons why the county is home to such staggering rates of asthma: the fine layer of dust that coats nearly every surface; the gentle mist of pesticide sprayed across acres of produce; the black towers of soot emanating from crop burns; emissions from cars stalled at the border; and fumes from the Mexican maquiladoras wafting over the border. Kicked up by the strong desert winds, microscopic particles from each of these sources fill the air.
The Fannin County Sheriff’s Office is investigating, and the person responsible could face federal charges because the hatchery is run by the U.S. Fish and Wildlife Service. The Chattahoochee hatchery, located on Rock Creek, is one of four in Georgia that keep local waters stocked.
A key document released in 2017 in legal proceedings against Monsanto describes the corporation’s “preparedness and engagement plan” for the IARC cancer classification for glyphosate, the world’s most widely used agrichemical. The internal Monsanto document — dated Feb. 23, 2015 — assigns more than 20 Monsanto staffers to objectives including “neutralize impact of decision,” “regulator outreach,” “ensure MON POV” and “lead voice in ‘who is IARC’ plus 2B outrage.” On March 20, 2015, IARC announced its decision to classify glyphosate as Group 2A carcinogen, “probably carcinogenic to humans.”
According to scientists, the patch has been growing “exponentially” in recent years. The March estimate found it was 16 times larger than previously expected.
Gold & Silver
Provided daily by the Peak Prosperity Gold & Silver Group
Article suggestions for the Daily Digest can be sent to firstname.lastname@example.org. All suggestions are filtered by the Daily Digest team and preference is given to those that are in alignment with the message of the Crash Course and the "3 Es."