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FINANCE
Macy’s delayed Q3 results show sales decline as its stock drops
Macy’s (M) on Wednesday posted its official third-quarter results, after it concluded an internal investigation into an employee hiding up to $151 million of expenses that led to a delay in reporting. The tepid earnings report were broadly in line with preliminary results shared last month. Macy’s reported adjusted earnings per share of $0.04, which beat Wall Street’s expectation of…
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ECONOMY
Documenting Lender Specialization – Liberty Street Economics
Kristian Blickle and Eric Gao Robust banks are a cornerstone of a healthy financial system. To ensure their stability, it is desirable for banks to hold a diverse portfolio of loans originating from various borrowers and sectors so that idiosyncratic shocks to any one borrower or fluctuations in a particular sector would be unlikely to cause the entire bank to…
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MARKET
One inflation measure shows prices heading the wrong way
There are many ways to slice an inflation report in attempt to divine the true underlying pattern of inflation. Source link
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SOCIAL MEDIA
Meta’s Testing Options To Hide Like Counts on Reels, Replies on Threads
Meta’s looking to give users more ways to control how their metrics are displayed on Instagram, with a new test of optional view counts on Reels on your profile, while on Threads, it’s also giving users the option to hide your Threads replies in the app. Which both obviously serve different purpose, but are also related to the same impetus…
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APPS
The Role of Situational Awareness in McKinsey Digital Assessment
Situational awareness is a vital skill tested in the McKinsey Digital Assessment. It involves understanding the environment, anticipating changes, and making strategic decisions based on available data. Each game in the assessment challenges candidates to stay focused and adaptable. For instance, in the Ecosystem Building game, you must evaluate terrain characteristics, species compatibility, and calorie balance while anticipating the cascading…
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GADGET
The best white elephant gifts that everyone will love
Whether or not you’ve heard of a white elephant gift exchange before, there’s a good chance you have the wrong idea of what it is, how it actually works and where the idea came from. According to legend, the King of Siam would give a white elephant to courtiers who had upset them. It was a far more devious punishment…
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MOBILE
CMF Phone 1 gets Android 15-based Nothing OS 3.0 Open Beta 1
Last month, Nothing said the CMF Phone 1 would get the Android 15-based Nothing OS 3.0 beta in December, and the brand has kept its promise as the Nothing OS 3.0 Open Beta 1 is now available for the Dimensity 7300-powered smartphone. The Nothing OS 3.0 Open Beta 1 comes with a new lock screen customization page, an AI-powered Smart…
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SCIENCE
5 Nifty Things We Learned about Pet Cats and Dogs in 2024
December 11, 2024 2 min read 5 Nifty Things We Learned about Pet Cats and Dogs in 2024 Why do some Labrador retrievers overeat? Do cats and dogs dream like humans do? Is your cat actually obsessed with you? In 2024 we got answers to these and other questions about our beloved furry friends By Saima S. Iqbal Cats and…
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ARTS & THEATRE
Air Duct Cleaning in Murrells Inlet: Why It’s Essential for Your Home and Health
If you live in Murrells Inlet and have a forced-air HVAC system, you likely rely on it to regulate the temperature and airflow throughout your home. While it’s easy to take your HVAC system for granted, one crucial aspect that often gets overlooked is the cleanliness of your air ducts. Over time, air ducts accumulate dust, debris, allergens, and other…
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CELEBRITY
Luigi Mangione’s Lawyer Speaks Out in UnitedHealthcare CEO Murder Case
What did Luigi Mangione state in his writings? According to NBC News, citing the NYPD, Mangione had three pages of writings on him that totaled less than 300 words when he was taken into custody. Three senior law enforcement officials told the outlet these writings read, in part, “Frankly these parasites had it coming.” In the writings, the officials continued,…
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