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Consumer Sentiment Shifts From Gains to Slight Decline

A key skill to being a real estate agent is judging a buyer’s mood. So how are consumers feeling on a wide scale?  Consumer sentiment dipped slightly in the early days of October 2024, from 70.1 to 68.9, per the latest report for the University of Michigan. This monthly change comes in below expectations; median…

The post Consumer Sentiment Shifts From Gains to Slight Decline appeared first on RISMedia.




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Finland’s Marimekko’s Q3 2024 sales decline slightly to $50.48 mn

Marimekko has reported net sales of €47.2 million (~$50.48 million) in Q3 2024, down 1 per cent YoY, impacted by reduced wholesale sales in Finland but offset by a 9 per cent rise in international sales. Operating profit fell 14 per cent to €11.1 million (~$12.1 million). Retail sales showed strong growth, with a 12 per cent increase overall and 8 per cent in Finland.




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Australia's apparel imports rise, fibre exports decline in Jul-Sept 24

Australia's apparel and clothing imports rose 3.43 per cent YoY to $3.368 billion in July-September 2024, despite a slight drop in September. Imports of textile yarn and related articles also increased by 4.11 per cent, while fibre imports fell 6.06 per cent. Exports of textile fibres saw a 7.69 per cent decline, continuing a downward trend from the previous fiscal year.




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DOL Reports Decline in Workplace Fatality Investigations

The U.S. Department of Labor reported an 11% reduction in workplace fatality investigations in the most recent fiscal year. The 826 worker deaths investigated during the fiscal year that ended June…




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Supreme Court Declines to Hear Appeal in ERISA Class Action Permitting Recalculation of Benefits as Available Relief

The U.S. Supreme Court declined to review the Second Circuit’s decision in Laurent v. PricewaterhouseCoopers LLP, which held that retirees could receive money damages in the form of recalculated benefits in a class action over how the company’s cash balance pension plan calculated lump-sum benefits.




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What's Contributing to the Decline in SF Superior Civil Filings?

Theodora Lee said overall case filings in the San Francisco state trial court have been down significantly compared to pre-pandemic levels, but she’s seeing an uptick in labor and employment law cases.

The Recorder

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Bangkok housing market set to decline amid poor economy

SCB EIC, the research centre of Siam Commercial Bank, predicts that the transfer of new residential units in Greater Bangkok will decline by 10% this year, with a further contraction of 1-3% projected for 2025, mainly due to the country's sluggish economy.




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Clint Eastwood And Paul Newman Declined Roles In This M. Night Shyamalan Classic

M. Night Shyamalan had his eye on casting Clint Eastwood and Paul Newman in Signs at one point. Here's why they passed on his alien invasion thriller.




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Tesla’s Solar Business Continues to Decline in Q3 2023

Tesla's solar products experienced additional declines in Q3 2023, though its energy storage is once again booming, according to the company's latest earnings report.




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Appeals court declines to overturn judge’s ban on federal employee vaccine mandate

A U.S. appeals court has declined for now to allow President Joe Biden's administration to require COVID-19 vaccinations for federal employees

The post Appeals court declines to overturn judge’s ban on federal employee vaccine mandate first appeared on Federal News Network.




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Unreliable meeting response counts and accepted/declined tracking

We regularly send out meeting invitations to large groups.

To help us with planning the meeting, we keep track of how many people have accepted or declined already. We do this by looking at the counter provided at the top of the meeting item.

Unfortunately, these numbers often seem to be way off when compared to the actual responses given.

Why does this happen and how can we make the meeting response tracking more reliable?




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Sherman, Wash: Tucked amid rolling fields is the well-kept remnant of a town that began to decline shortly after its founding in the 1880s

It's a sunny Monday as I drive out to Sherman, one of Lincoln County's few ghost towns…



  • Arts & Culture


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Titan Q2 PAT declines 23% to Rs 704 crore

Titan Company's consolidated profit after tax declined by 23.1 per cent in the second quarter of this fiscal. However, the company's consolidated income increased by 26 per cent during the same period. Its international jewellery business experienced a significant income growth of 62 per cent. Caratlane, a subsidiary of Titan, also reported a 28 per cent increase in total income.




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Safari Industries (India) net profit declines 25.40% in Q2 FY25

Safari Industries India reported a 25.40% YoY decline in consolidated net profit to Rs 29.66 crore in Q2 FY25, despite a 23.72% YoY increase in revenue to Rs 457.79 crore. The luggage maker's profit before tax also fell by 27.07% YoY to Rs 37.84 crore, primarily due to a significant rise in total expenses, including a 53.




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Relaxo Footwears net profit declines 17% in Q2 FY25

Relaxo Footwears recorded a 17 percent drop in net profit to Rs 37 crore for the second quarter ending September 30. Revenue also decreased by 5 percent to Rs 679 crore. The company attributes the decline to lower demand and increased competition from unorganized players. Relaxo plans to add more distributors and optimize operations for future growth.





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Fishermen’s Association Declines To Ratify MOU

Members of the Fishermen’s Association of Bermuda met to deliberate over the proposed MOU intended to bring the organization back to engagement with the Bermuda Ocean Prosperity Program and “declined to ratify the MOU.” Fishermen’s Association of Bermuda: A spokesperson said, “On Tuesday, July 18th, Members of the Fishermen’s Association of Bermuda met to deliberate […]




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Lakers' Anthony Davis says his eye is fine, declines to wear goggles

Los Angeles Lakers star Anthony Davis says he has recovered from being poked in the left eye by Toronto’s Jakob Poeltl, and his latest eye injury still hasn’t persuaded him to wear protective goggles




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The Geography of Nowhere: The Rise and Decline of America's Man-Made Landscape

Hardcover, Paperback, Kindle, Audio – January 1, 1993





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Yes, America is Worse Off: Real Wages Declined in Biden Era

The voters knew it instinctively on Tuesday, but the numbers also prove that Americans are worse off since Joe Biden became president. On Thursday, it was reported that real wages have declined since 2020 when Joe Biden took office. Per Zero Hedge: As Statista’s Felix Richter reports, according to exit polls, 46 percent of voters […]

The post Yes, America is Worse Off: Real Wages Declined in Biden Era appeared first on The Lid.




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Power Shift: The Rise of Asia and the Decline of the West?




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Has the Dollar Started Its Long Decline?

28 August 2020

Jim O'Neill

Chair, Chatham House
Ultimately, the dollar’s dominance cannot persistently outweigh the relative decline of the US economy in the world. At some point, it will start to be replaced by something else. But don’t confuse that with where the dollar’s price is heading against other currencies.

2020-08-28-us-dollar-oneill.jpg

A statue of George Washington is pictured in front of the New York Stock Exchange (NYSE) on 16 March 2020, at Wall Street in New York City. Photo by JOHANNES EISELE/AFP via Getty Images.

One of the features of financial markets since early summer has been a decline in the value of the dollar against many currencies, and with it, an especially interesting acceleration in the price of gold. In addition to the usual professional market analysis about the dollar’s movement, this has led to speculation that it might be the beginning of the end of the dollar’s pre-eminence.

Having spent far too much of my professional life as a supposed currency expert, I reiterate something I learnt early on: the foreign exchange business sometimes grants an analyst their 15 minutes of fame, but no expert is a match for the millions who participate in this huge global market all day long. But I spent over 30 years in the financial markets, the vast majority in the hubbub of the forex market. And along the journey, I think I learnt a few tricks of the trade.

At the core of trying to answer questions about the dollar, I learnt a long time ago that there are two entirely separate questions, one of which has two subsections, about the dollar. Firstly, there is the question about the use of the dollar. Will it continue to dominate the world’s financial system as the most widely accepted medium of exchange?

This is not at all the same issue as the dollar’s day-to-day performance against other currencies. This is the second question, which is almost definitely the most pertinent one to what has happened during the summer. How the dollar’s value moves against other currencies is driven by a structural, or a valuation component, and a cyclical component. Each can be analysed separately, and if you were daft enough to devote the years I did to the process, you can combine the two, to have a dynamically adjusted fair value, persuading yourself at least that such an approach combines all available information at any point in time.

In terms of valuation, the most common approach is so-called purchasing power parity, which holds that a currency, in equilibrium, will ultimately reflect the difference in prices between two countries. If inflation is persistently higher in the US than in the eurozone, then the equilibrium value of the dollar will decline over time. I developed my own version of equilibrium currency rates, as it seemed to me in the real world, that the real inflation adjusted value of a currency was not stable, and that it moved over time. This was a reflection of productivity differentials between two countries. I christened it GSDEER: 'the Goldman Sachs Dynamic Equilibrium Real Exchange Rate' when I joined the firm in 1995.

What I learned is that when a currency is more than two standard deviations away from its fair value, it makes a huge amount of sense to watch closely, and when the momentum changes, it is worth going with this trend reversal. The momentum can change based on a change in the forces that have driven the currency away from its fair value, although it can be often easier to detect simply by watching the change in price.

One of the things that has frustrated currency participants over the past decade, with the exception of the Swiss franc and the pound, is that other major currencies have not been that far away from their fair value against the dollar or each other. Even during the dollar’s rise in recent years, including the period up to the summer, while it had clearly become overvalued, with the possible exception of the pound, it hadn’t become more than two standard deviations above its own fair value. In this regard, I have believed that one might be on the lookout for a chance to buy the pound against the dollar, and perhaps against the yen.

The cyclical component of a currency’s movement around its conceptual equilibrium can perhaps best be captured in the nominal interest rate adjusted for inflation expectations. I persuaded myself that the actual spot exchange rate of the dollar on any one day should be close to the adjusted GSDEER, and if it was not, then it would be useful for traders.

The dollar had become more interesting pre-COVID, as it appeared to have risen notably against many currencies, including the euro. And in this regard, the dollar was highly susceptible, and has turned out to be actually vulnerable, to a change in the state of the US and euro area economies. Now that the Federal Reserve has returned to extremely expansive monetary policy, and with it, lower real interest rates, a dollar decline seemed pretty inevitable.

At current prices, on 26 August, the dollar still seems modestly expensive compared to dynamically adjusted fair value. The dollar decline could persist. In the late 1980s and mid 1990s, the dollar fell to very low levels and became very undervalued — this tended to coincide with widespread talk about the dollar’s preeminence, which turned out to be, at least for that era, wrong. And I do share the views of some people who believe, as a result of US policies, conditions are more conducive to a sustained period of dollar weakness. This requires strong ongoing evidence that Europe, China and much of the rest of Asia continue to manage COVID-19 better than the US, and that their cyclical recoveries from the pandemic continue to surprise relative to the US.

Now as for the first question, about the demise of the dollar’s dominance, let me repeat that this is largely a separate issue, but I encourage any reader to be careful about getting sucked into this belief in making an investment or hedging decision.

It is quite possible that the use of the dollar can decline, and start off a systematic decline even when its value is strong. Indeed, in the past couple of years when its value was largely rising, decisions made by US policymakers to use the dollar’s dominance as a way of penalising other countries has resulted in those countries reducing their share of dollar currency reserves. Russia is a particular example, and there is some modest evidence that China is doing likewise.

And the opposite can also be true.

Ultimately, the dollar’s dominance cannot persistently outweigh the relative decline of the US economy in the world, which has been occurring now for 20 years. At some point, it will start to be replaced by something else. Whether that is, the renminbi, the euro, Bitcoin, the return of gold — all are conceivable, and may happen. It might be starting now. But don’t confuse that with where the dollar’s price is heading against other currencies in coming days, weeks, or in 2021.

This article was originally published in The Article.




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Interleukin 6 reduces allopregnanolone synthesis in the brain and contributes to age-related cognitive decline in mice [Research Articles]

Cognitive decline with age is a harmful process that can reduce quality of life. Multiple factors have been established to contribute to cognitive decline, but the overall etiology remains unknown. Here, we hypothesized that cognitive dysfunction is mediated, in part, by increased levels of inflammatory cytokines that alter allopregnanolone (AlloP) levels, an important neurosteroid in the brain. We assessed the levels and regulation of AlloP and the effects of AlloP supplementation on cognitive function in 4-month-old and 24-month-old male C57BL/6 mice. With age, the expression of enzymes involved in the AlloP synthetic pathway was decreased and corticosterone (CORT) synthesis increased. Supplementation of AlloP improved cognitive function. Interestingly, interleukin 6 (IL-6) infusion in young animals significantly reduced the production of AlloP compared with controls. It is notable that inhibition of IL-6 with its natural inhibitor, soluble membrane glycoprotein 130, significantly improved spatial memory in aged mice. These findings were supported by in vitro experiments in primary murine astrocyte cultures, indicating that IL-6 decreases production of AlloP and increases CORT levels. Our results indicate that age-related increases in IL-6 levels reduce progesterone substrate availability, resulting in a decline in AlloP levels and an increase in CORT. Furthermore, our results indicate that AlloP is a critical link between inflammatory cytokines and the age-related decline in cognitive function.




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War Time: Temporality and the Decline of Western Military Power

War Time: Temporality and the Decline of Western Military Power Book dora.popova 22 February 2021

In War Time the Western way of war, its pace and timing, are discussed and analysed by experts who question the West’s ability to maintain its military superiority given the political and strategic failures of interventions in Iraq and Afghanistan.

In War Time, war studies experts examine the trajectory of Western military power. They discuss conflicting perceptions of time anchored within Western political and military institutions, and the Western attachment to fast-paced warfare at the expense of longer-term political solutions.

Divided into three sections, the book covers ‘civic militarism’ and the trajectory of Western power, Western perceptions of time and the international normative order, and military operations and temporality. War Time explains why the West has been overwhelmingly powerful on the battlefield and yet strategically and politically weak as exemplified by the return of the Taliban and the hasty evacuation of troops and personnel from Afghanistan.

The book identifies policies that decision-makers must adopt to stave off the decline of Western military dominance.

This book is part of the Insights series.

 

Watch the event

A special event was held in March 2021 to mark the launch of the book. View the event here.

Praise for War Time

War Time is a provocative consideration of the many aspects of modern military power in politics and international affairs. Though the nature of war doesn’t change, this book is particularly relevant given the changing character of modern war as we see in the Caucasus, Ukraine, the Sahel, and the Indo-Pacific region. Essential reading for political leaders, diplomats, and strategic thinkers.

Lt. Gen. (Ret.) Ben Hodges, Pershing Chair in Strategic Studies, Center for European Policy Analysis; Commander, United States Army Europe, 2014–2017

About the editors

Sten Rynning is professor of war studies at the University of Southern Denmark.

Olivier Schmitt is professor with special responsibilities at the Center for War Studies, University of Southern Denmark, and currently director of research and studies at the French Institute for Higher National Defence Studies.

Amelie Theussen is assistant professor at the Center for War Studies, University of 
Southern Denmark.

Purchase




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'Weekend warrior' exercise can cut risk of cognitive decline, study indicates

Being a "weekend warrior" -- engaging in exercise once or twice per week -- may be as beneficial as regular sessions in decreasing the risk of cognitive decline that often leads to dementia, a new study concludes.




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The Hobbies That Halt Cognitive Decline In Seniors (M)

Your brain could stay sharp for years just by doing these simple activities.




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Enrollment in Missouri public schools declines by 3.2%




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Supreme Court Declines Indian Gaming Case Said to Affect School Revenues

Writing in dissent, Justice Clarence Thomas said a lower court had disrupted state property tax revenue for schools and other government services.




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High Court Declines Missouri District's Appeal Over At-Large Board Voting

The justices declined to hear the appeal of the Ferguson-Florissant district over its at-large board elections, which lower courts invalidated as violating the Voting Rights Act.




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Enrollment in Missouri public schools declines by 3.2%




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Supreme Court Declines Appeal Backed by Illinois School Districts on Tax Remedies

The court declined to take up an appeal backed by school groups of a ruling allowing some property taxpayers challenge their assessments in federal court.




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Biodiversity Decline

Fifty years ago, the Amazon comprised 14 percent of the Earth's surface. Now, it covers just 6 percent.




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News24 Business | Third-quarter unemployment rate decline outstrips expectations

South Africa's unemployment rate fell by more than expected in the third quarter, declining by 1.4 percentage points to 32.1%.




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Justices Decline Challenge to Exclusive Public-Employee Union Representation

The U.S. Supreme Court declined to take up a case that held the potential to deal a further blow to public-employee unions after last year's "Janus" decision.




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Enrollment in Missouri public schools declines by 3.2%




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Judge declines to postpone Steve Bannon's trial on 'We Build the Wall' fraud charges

A New York judge has declined to immediately postpone Steve Bannon's Dec. 9 trial on charges that he defrauded supporters of the "We Build the Wall" fundraiser.




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Cognitive decline and loneliness linked in older adults over short time periods

Loneliness and cognitive performance were related in the short term for older adults, according to a new study from researchers in the Penn State College of Health and Human Development.




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Russia Passes Law Banning "Child-Free Propaganda" Amid Demographic Decline

Russian MPs on Tuesday passed in the final third reading controversial legislation banning "propaganda" of remaining childless, the latest measure targeting what Moscow depicts as Western liberal ideas.




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After Actor Ajith Kumar, Kamal Haasan Declines All Titles And Prefixes Including 'Ulaganayagan'

Earlier, actor Ajith had similarly asked fans to call him AK or Ajith Kumar instead of the title "Thala"




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High Court Upholds Privacy, Declines Admission Of Illegally Recorded Phone Conversation As Evidence In Matrimonial Dispute




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Weekly COVID-19 Update – February 25, 2022: COVID-19 Cases, Hospitalizations And Deaths Continue To Decline

DOVER, DE (February 25, 2022) – The Delaware Division of Public Health (DPH) is providing an update on the most recent statistics related to coronavirus disease 2019 (COVID-19) in Delaware as of Thursday, Feb 24, 2022. COVID-19 Cases and Hospitalizations:  Total positive cases since March 11, 2020: 256,337  7-day average of new positive cases: 127, a decrease […]




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COVID-19 Cases, Hospitalizations Decline; Guidance For Those Who Want To Wear Masks Included

DOVER, DE (March 4, 2022) – With new positive cases and hospitalizations continuing to decline in Delaware, mask mandates for schools and state buildings were lifted earlier this week across the state, consistent with updated guidance from the Centers for Disease Control and Prevention (CDC). The CDC guidance is based on county or community levels of spread and the level […]




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Cases Continue to Decline; DPH Provides Updates on Testing Coverage and Encourages Getting Boosters Now

DOVER, DE (March 18, 2022) – The Division of Public Health (DPH) is providing an update on COVID-19 statistics in Delaware, as of Thursday, March 17, 2022:   COVID-19 Cases and Hospitalizations: Total positive cases since March 11, 2020: 258,513 7-day average of new positive cases: 63.1, a decrease of 16.9 average new positive cases from […]




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Covid-19 Cases Decline In Last Month; DPH Shares Summary Of Most Recent CDC Updates

   DOVER, DE (Aug. 19, 2022) – The Delaware Division of Public Health (DPH) reports that the 7-day average of new positive COVID-19 cases has declined since the previous monthly update in July. However, COVID-19 is still circulating in the community, and at higher levels in some counties. According to the Centers for Disease Control and Prevention’s (CDC) COVID-19 Community Levels data tracker, which was last […]




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COVID-19 Cases, Hospitalizations Decline In Last Month; DPH Shares Information On Bivalent Boosters

DOVER, DE (September 16, 2022) – The Delaware Division of Public Health (DPH) is pleased to share declines in hospitalizations, test positivity rates and the 7-day average of new positive COVID-19 cases continued for the second month in a row.  Deaths also remain low. However, COVID-19 is still circulating in the community, and at higher levels […]




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Delaware’s Cancer Mortality Rates Further Decline As DPH Releases Annual Cancer Incidence And Mortality Report

DOVER, DE (Oct. 10, 2022) – Delaware’s cancer mortality, or death, rate has further declined, according to the latest cancer data from the Division of Public Health (DPH).  Between 2005 and 2019, mortality rates for cancer at all locations throughout the body, known as all-site cancer, decreased an average of 1.7% per year in both Delaware and […]




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COVID-19 Cases Continue To Decline; Bivalent Boosters For Youth Authorized

DOVER, DE (October 14, 2022) – The Delaware Division of Public Health (DPH) reports that the 7-day average of new positive COVID-19 cases has decreased for the third consecutive month. Deaths remain low, and hospitalization rates are holding steady. According to the Centers for Disease Control and Prevention’s (CDC) COVID-19 Community Levels data tracker, which factors in data on hospitalizations […]