A new normal is looming in the horizon.

Last spring, when the world went into lockdown, it never crossed our minds that we would still be dealing with the effects of the pandemic a year later. Yet, here we are. With more people receiving vaccinations, there is hope that we may soon be able to gather with colleagues and friends in person, something …

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Sales slump leads to decline in wholesale prices of used vehicles.

A sign reads ‘We Buy Used Cars!!’ at an auto dealership on February 15, 2023 in Glendale, California. Mario Tama | Getty Images DETROIT – Wholesale used vehicle prices reached their lowest level of the year in May, as sales fell amid high interest rates and inflated retail prices. Cox Automotive reported Wednesday a 2.7% …

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Former Meta Employee’s Discrimination Suit Approved for Trial by Judge.

A former Meta Platforms Inc. employee can take to trial all his claims, which include age and disability discrimination, against the social media platform, a judge ruled Tuesday. Los Angeles Superior Court Judge Maureen Duffy-Lewis rejected arguments by Meta attorneys that plaintiff Gary Glouner, now 58, was wrongly trying to apply California law to alleged …

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Makhlouf Cautionary about Unfocused Tax Relief for Mortgage Borrowers

Governor Gabriel Makhlouf expressed his concern about certain proposals being considered by politicians as they may contradict the European Central Bank (ECB) policies aimed at curbing inflation. “Some of the proposals out there look as if they are deliberately trying to counteract monetary policy action,” he said, explaining that the ECB aims to reduce demand …

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Palm Alarm Triggered by Current Thinking on Commodities and El Niño

Rising average temperatures are the biggest long-term threat to the world. Fluctuations in temperatures have a greater impact in the short term. The most significant of these are triggered by shifting Pacific currents. That requires shifts in asset allocation too. The current La Niña period is fading. The advent of an El Niño pattern heralds …

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Court Requested by Hong Kong to Halt Online Circulation of Protest Anthem

The unofficial anthem of pro-democracy demonstrators in 2019, “Glory to Hong Kong,” has been the target of the Hong Kong government’s attempts to suppress its use. The song has been banned from schools and, when played in error at a rugby match in South Korea last year, the Hong Kong government requested an investigation. The …

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Insurance companies abandon California due to inability to accurately calculate rates based on risk – Orange County Register

California’s regulations prevent insurers from using advanced computer models to assess the increased wildfire risks due to climate change, and this has caused US insurers to leave the state. State Farm and Allstate have both stopped accepting new insurance policies in California due to rapidly growing catastrophe exposure and wildfire-related losses. The state’s regulations require …

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