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The Gist of the Debt Ceiling Issue Enacted during World War I, the “debt ceiling” is the cap on how much the US government can borrow to meet its legal obligations. Because the US government runs a deficit yearly, the debt ceiling must be raised periodically, or the government will…
While Carolina Hurricane’s left wing Max Pacioretty may be lamenting his team’s early exit from the 2023 NHL playoffs, he still has plenty of reason to celebrate with the recent sale of his Las Vegas mansion. At $11 million, the deal is the most expensive in the exclusive neighborhood, The…
A bipartisan group of lawmakers led by Rep. Lance Gooden, R-Texas, is pushing legislation that would significantly reform the credit card industry with the purpose of fostering greater competition, prompting widespread outcry from a diverse coalition of banks, credit unions and advocacy groups. Gooden on Wednesday introduced the Credit Card…
A majority of economists expect the Federal Reserve to pause its interest-rate hike campaign next week for the first time in 15 months, despite underlying signs of inflationary pressures within the economy. That’s according to a new survey conducted by Bloomberg, which showed that most economists anticipate the Federal Open…
What is quiet luxury?Marked by expensive materials in muted tones, quiet luxury, also known as stealth wealth, is “the complete lack of logos and anything too conspicuous,” said Thomaï Serdari, professor of marketing and director of the fashion and luxury program at NYU’s Stern School of Business. “Luxury brands rely on…
As a doctor and food scientist, I’ve spent 20 years studying how our diets can help us beat diseases and live longer.I’ve always taken a natural food-based approach, and much of my diet is inspired by a unique blend of two of the greatest food cultures in the world: Mediterranean…
On Wednesday in Queens, New York, William Medina was blasted with smoke, his lungs choked by polluted air as he delivered Uber Eats orders by scooter. About 2 p.m. in Brooklyn, Matt Leichenger was in the back of his UPS truck sorting packages. His eyes burned and watered, his throat…
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This article originally appeared on coincierge.de.Can you become a millionaire with Ripple’s XRP? At the time of writing, the value of one XRP token is approximately $0.50. To hold XRP worth one million dollars, investors would therefore need around two million tokens.However, a study suggests that even owning fewer than…
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