Like it never even happened

Former Delaware Sen. Joe Biden said he disagreed with the Supreme Court’s ruling in Roe v. Wade in 1974, arguing that a woman should not have the “sole right” to decide whether to get an abortion. Biden’s comments appeared in an interview with Washingtonian Magazine’s Kitty Kelley titled, “ Death and the All-American Boy .” The profile was published about 16 months after the Supreme Court ruled that the government could not completely infringe upon a woman’s decision to have or not have an abortion. “But when it comes to issues like abortion, amnesty and acid, I’m about as liberal as your grandmother. I don’t like the Supreme Court decision on abortion. I think it went too far,” Biden said in the interview. “I don’t think that a woman has the sole right to say what should happen to her body. I support a limited amnesty, and I don’t think marijuana should be legalized.” Democratic vice presidential candidate, U.S. Vice President Joe Biden … (Photo by Chip Somodevilla/Getty … [Read more...] about Joe Biden In 1974: A Woman Doesn’t Have The ‘Sole Right To Say What Should Happen To Her Body’

Entrepreneurship isn't just for entrepreneurs anymore. In a fast-moving, dynamic (read: insecure) world, everyone needs to learn how to assess problems, come up with original solutions, and rapidly adapt to change -- not just those who dream of starting their own businesses. Which sounds a little daunting, but Sara Blakely, the billionaire founder of Spanx, believes thinking like an entrepreneur isn't as difficult (or exclusive) as it first appears. In a recent Big Think video , she lays out the case for absolutely everyone adopting a little bit of the entrepreneurial mindset , and also a offers a few dead-simple tricks to help you learn to think like a founder. What does it mean to think like an entrepreneur? (And why should you bother?) "As an entrepreneur, I'm such an advocate for everyone to think like an entrepreneur," Blakely says, kicking off her talk. "Whether you want to start your own business or not, it's incredibly helpful, no matter what." … [Read more...] about Billionaire Spanx Founder Sara Blakely: These 2 Questions Will Help You Think Like an Entrepreneur

There's something special about successful entrepreneurs--they have a way of thinking and acting that is different than most people. The good news is that anyone can learn to think like an entrepreneur, and to put these powerful secrets to work in their own lives, no matter what they do. In his book, Shift Your Thinking: Win Where You Stand, entrepreneur and author Clifton Taulbert explores exactly what it is that makes successful businesspeople successful. Says Taulbert, "When embraced, these strategies are designed to maximize your potential, starting where you stand, and to bring about the creativity, agility, flexibility, tenacity, and resolve needed to succeed wherever your personal, professional, and inventive journey takes you." 1. Choose your mind-set You're the one who decides the attitudes and assumptions you will carry with you through your life, and you're the one who can change them. If your mind-set--and the work you're doing--isn't taking … [Read more...] about 7 Powerful Secrets of Thinking Like an Entrepreneur

Brent crude futures slipped 3 cents to $113.09 a barrel by 0515 GMT, after rising as much as 1 percent earlier. Front-month prices tumbled 7.3 percent last week, their first weekly fall in five (Representative image) After shooting to near $123 per barrel last week amid various global factors, crude oil prices slid by as much as 6 percent or $11 to $112 per barrel on June 17. This was a sudden reversal from the steep climb in the wake of Russia’s invasion of Ukraine, global travel opening up, and services reviving. Speaking to CNBC-TV18 on June 20, Vandana Hari, founder and CEO of Vanda Insights, said the correction was mainly due to two factors — Libya’s oil production being confirmed at 700,000 barrels per day (bpd) instead of the earlier expected 100,000 bpd; and tumble in United States markets due to sell-off in broader risk assets. “What happened on Friday (June 17) was quite late in the US session and quite a surprise,” Hari said. Follow our Market LIVE blog … [Read more...] about Crude oil sell-off a bit overdone as prices could be ticking back up soon, says Vandana Hari of Vanda Insights

If you have investments in one or more IRAs, and you are starting a new job with an employer that offers a 401(k) plan, an important question may well arise – should you move your assets from your IRA into your new 401(k)? While the question is a logical one, it rarely arises because IRA “roll overs” generally happen in the opposite direction, with investors moving 401(k) assets into an IRA when they leave a job, or simply to take advantage of the investment freedom that an IRA offers. Nevertheless, there can be some good reasons to move your IRAs into your company’s 401(k). In this article, we’ll look at the pros and cons of this maneuver. Key Takeaways If you are starting a new job with an employer that offers a 401(k) plan, you might be wondering if you can move investments from your IRAs into your new plan. While unusual, this can have some advantages if you want to access your retirement funds early, or defer distributions until you retire. The disadvantage of doing … [Read more...] about Should I Put My IRAs Into My Company’s 401(K)?

UOB: Room for Bank Negara to hike OPR by another 50bps before end-September - A + A KUALA LUMPUR (June 22): There is growing pressure on Bank Negara Malaysia to hike rates faster in the face of an aggressive US Federal Reserve, while there is widening consensus that global food and energy prices will continue to stay elevated for longer, with any potential supply shocks seen capable of driving prices and inflation even higher. In a note on Wednesday, UOB Global Economics and Market Research cautioned that the key takeaway is that "doing nothing or acting too slow" could sow seeds of more persistent and elevated inflation in the future, with more negative effects on demand and the economy. "Rate hikes would then also need to be sharper and more abrupt in that scenario. There may also be a need to act faster now in order to have sufficient policy buffers in preparation for the next recession (when it happens). A lagged policy response by BNM relative to peers … [Read more...] about Growing pressure on Bank Negara to hike rates faster

Casting a pall over this week’s NFT.NYC festivities is the recent cleaving of most digital assets’ value. advertisement advertisement With the crypto industry heading into what experts predict is the next “crypto winter”—its first since the tech surged into the mainstream during the pandemic—NFTs are at an inflection point. And that seems to have drudged up an existential crisis: What happens when the froth begins to fizzle, and an asset class that has survived on its own novelty thus far isn’t so novel anymore? You’d guess that it must innovate. And while commentators muse about the hype bubble bursting, strange things are afoot in NFT world: It’s now experimenting with performance art. That art is decidedly pessimistic, if not painfully ironic. Over the weekend, some of the thousands who descended upon New York City for an annual NFT conference witnessed what appeared to be an anti-crypto protest outside of an NFT streetwear event in the SoHo … [Read more...] about ‘We’re all gonna die’: As crypto crashes, NFTs are veering into a world of dark performance art

Working from home has lots of benefits, and primary among them is avoiding the commute. The case against the commute has always been strong, but it’s only building with record-high gas prices and millions of people who have had a taste of life without the slog to and from work over the last couple years. advertisement advertisement In fact, according to a study by McKinsey , 29% of people say they’ll choose to leave their employer if they have to be in the office every day. The commute is one of the reasons for their resistance to returning. And while many businesses are implementing the option to work at home part of the time, for most people some commuting will continue to be a given—at least a few days a week. The good news is there are some research-based recommendations to make your commute better. Essentially, your commute predicts your day, and the choices you make and the way you manage your commute can reduce strain and increase … [Read more...] about Back to the office? Here’s how to get the most out of your commute

Transfer of 15 bad loan accounts worth Rs 50,000 crore to the National Asset Reconstruction Company could not be completed within the deadline due to procedural delays, Union Bank of India Managing Director and CEO Rajkiran Rai G on Wednesday said, and assured that the process will conclude by the end of April. In January this year, State Bank of India (SBI) chairman Dinesh Khara had said that the National Asset Reconstruction Company (NARCL) received all approvals to commence operations, and a total of 38 NPA accounts worth Rs 82,845 crore were identified to be transferred to the bad bank in a phased manner. In the first phase, banks agreed to transfer 15 NPA (Non-Performing Asset) accounts worth Rs 50,000 crore by March 31, 2022. Union Bank MD on Wednesday said that the transfer of these stressed assets is expected to take place by this month-end. "We were trying to do that before March 31, but we couldn’t complete all the processes. For the first time, we are doing a … [Read more...] about Rs 50,000 crore loans to be transferred to bad bank by April-end: Union Bank MD

Finance Minister Nirmala Sitharaman Market chatter is that Budget 202 1 may offer some roadmap to address the problem of bad loans in the banking system. Nearly 8 percent of the total loans have gone bad (overdue more than 90 days) at this stage. How can banks speed up bad asset resolution? Among options, the most favoured idea is the creation of a bad bank--a long-pending proposal in the Indian banking industry. What is a bad bank? A 'bad bank' is a bank set up to buy the bad loans and other illiquid holdings of another financial institution. Once toxic assets are transferred to this entity, attempts for an early resolution by experts begins while originating banks can focus on their business. Banks can transfer NPAs to a bad bank at a discount. The price discovery can happen at a later stage. To be sure, the idea of a bad bank itself is not new. In 2018, the government announced a plan for PSBs called 'Project Sashakt', which had a five-point plan for bad loan resolution … [Read more...] about Budget 2021: Will ‘bad bank’ take off this time? 5 reasons why the timing could be just right