Power imbalance: Australia’s hidden inflation problem

Why is Reserve Bank governor Dr Philip Lowe so worried about getting inflation down when so much of the rise in prices comes from foreign supply constraints that will eventually go away, and so much of the rise won’t be passed on to workers in higher wages? Because what he can’t admit is that inflation won’t fall back to the […]

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Lin-Manuel Miranda Reacts To Church’s “Christianized” Version Of ‘Hamilton’: “Now Lawyers Do Their Work”

“Stop running from God, Alexander…His word says if we confess our sins, he is faithful and [wants] just to forgive us our sins and to cleanse us.” Don’t remember that line from Lin-Manuel Miranda’s Pulitzer Prize-winning Hamilton? Well neither does Miranda. The line is from an unauthorized, “Christianized” version of the musical from RGV Productions, which operates with The Door […]

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Hartbeat Expands Senior Leadership; Former Disney, NBCU Exec To Lead Branded Content Studio

Hartbeat is expanding its senior leadership team, adding former Disney and NBCUniversal executive Brian Price to head Pulse, its new branded content studio, and Candisse Williamson from Skybound Entertainment and The Madison Square Garden Company to run business and legal affairs. The company also upped Mike Stein to EVP, Head of TV & Audio, and Monti Sehmi to EVP, Head […]

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Car Brands With the Worst Recalls This Year

The average transaction price for new cars in the U.S. hit an all-time high of $48,043 in June 2022, according to a recent report from Kelley Blue Book. Along with a home and a college education, a vehicle is one of the biggest long-term investments many Americans make – and as such, quality is one of the most important factors […]

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U.S. Stocks Showing A Lack Of Direction Ahead Of Jobs Data

Following the rally seen in the previous session, stocks have shown a lack of direction over the course of the trading day on Thursday. The major averages have spent the day bouncing back and forth across the unchanged line. Currently, the major averages are turning in a mixed performance. While the Nasdaq is up 31.53 points or 0.3 percent at […]

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'Britain's most ridiculous cycle lane' removed after three-metre stretch of path mocked online | The Sun

"BRITAIN'S most ridiculous cycle lane" has been removed after the three-metre stretch of path was mocked online. Peartree Lane in the Netherton area of Dudley, West Midlands, held the unofficial title of the most laughable bike lane in the country. But the much-ridiculed lane has finally been removed. The path itself was a measly three metres long and didn't connect […]

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U.S. Weekly Jobless Claims Show Modest Increase

A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing a modest increase in first-time claims for U.S. unemployment benefits in the week ended July 30th. The report showed initial jobless claims crept up to 260,000, an increase of 6,000 from the previous week’s revised level of […]

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