Sunday, February 23

Finance

Many, most especially the Biden White House, ran with the inflation moderation of last summer and fall. Federal Reserve (Fed) Board President Jerome Powell even suggested that he might not have been so wrong in 2021 when he declared the inflationary pressure as “transitory.” Now news for January contradicts this pleasant view of things. It reports that consumer prices rose 0.5% that month, 6.2% stated at an annual rate, and that producer prices rose by 0.7%, 8.7% stated at an annual rate. Neither says anything good about the inflation situation.

Former South Carolina attorney Alex Murdaugh was found guilty Thursday of killing his wife and adult son in a 2021 double-murder, following a trial that spanned more than five weeks and captivated the country given Murdaugh’s prominent background.

NBA Commissioner Adam Silver opened the NBA Technology Summit with a demonstration of AI featuring Luka Doncic and AR where he captured volumetric video of Ahmad Rashad and superimposed Rashad’s image over the image of an NBA player in a live game so it appeared Ahmad was actually playing in the game as opposed to the actual player. Talk about being part of the action.

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