The Kellington Times
Paul Tudor Jones Says Inflation Could Be Worse Than Feared, Biggest Threat To Markets And Society
Billionaire hedge fund manager Paul Tudor Jones believes inflation is here to stay, posing a major threat to the U.S. markets and economy. “I think to me the No. 1 issue facing Main Street investors is inflation, and it’s pretty clear to me that inflation is not transitory,” Jones said Wednesday on CNBC’s “Squawk Box.” “It’s probably the single biggest threat to certainly financial markets and I think to society just in general.”
Record Shortages, Shipping Delays Expected This Holiday Season. Here’s Who Shoppers Blame
The looming holiday season will likely exacerbate a global supply chain calamity that’s already underway, as shoppers rush into stores and onto websites to secure presents for loved ones. Experts warn shoppers can expect to find record out-of-stocks messages as they scan retail websites and may face prolonged shipping delays. Fortunately for retailers, customers are more likely to cast blame for late packages on delivery carriers, one survey found.
‘I Screwed Up’: Netflix’s Ted Sarandos Addresses Dave Chappelle Fallout
Netflix co-CEO Ted Sarandos is speaking out over continued criticism of the Dave Chappelle comedy special “The Closer.” On the eve of a planned employee walkout at the streaming giant — organized by trans and LGBTQ+ staffers, content creators and allies — Sarandos addressed numerous points related to recent jokes from Chappelle that have incensed the trans community and been labeled as harmful.
Facebook is Planning To Rebrand The Company With A New Name
Facebook is planning to change its company name next week to reflect its focus on building the metaverse, according to a source with direct knowledge of the matter. The coming name change, which CEO Mark Zuckerberg plans to talk about at the company’s annual Connect conference on October 28th, but could unveil sooner, is meant to signal the tech giant’s ambition to be known for more than social media and all the ills that entail.
Romotafy.com Is The Leader In White-Collar Remote Jobs!
Biden Revises Proposal To Have IRS Monitor Bank Accounts More Closely—Here’s How It Would Work
After uproar over a proposal to have banks tell the Internal Revenue Service about their customers’ annual cash-flow information, the Biden administration and congressional Democrats unveiled a new, pared-down proposal on Tuesday.
Bitcoin Jumps To New High Above $66,000 After Landmark U.S. ETF Launch
Bitcoin notched a fresh all-time high Wednesday as investors cheered the successful launch of the first U.S. bitcoin futures exchange-traded fund. The world’s largest cryptocurrency climbed around 4% to $66,535.38 by 2:50 p.m. ET, topping a previous record of $64,899 set in mid-April. “The key here is whether we are able to establish support above $65,000. If we can, the classic Q4 crypto rallies we’ve seen in most years could take bitcoin towards some of the loftier price predictions we’ve seen over the past several months. If sell pressure takes over, though, our next leg up could take a while to materialize,” said Jesse Proudman, CEO of crypto robo-advisor Makara.
Coinbase Will Offer Customers A ‘Get Paid In Crypto’ Direct Deposit Option—How To Decide If It’s Right For You
Investing consistently in cryptocurrency just got a lot easier. In September, Coinbase announced that its users will soon be able to set up direct deposit with any percentage of their paychecks and can choose for the money to be deposited as U.S. dollars or any of the more than 100 cryptocurrencies available at the exchange, with no fees.
How To Answer ‘When Were You Most Satisfied In Your Job?’
Millions of U.S. workers have taken the coronavirus pandemic as an opportunity to reevaluate their work and career priorities. Half of employed Americans have recently changed employers or are considering a job change, according to Care.com’s recent Workplace Culture and Care Report, which surveyed 2,000 American workers.