Month: January 2023

Latest Market Rally ‘Bear Market Trap,’ S&P 500 Predicted to Decline 25 Percent: Morgan Stanley Strategist

Michael Wilson, Morgan Stanley’s chief U.S. equity strategist, is warning investors not to get caught in the “bear market trap” after seeing the stock market rally during the initial weeks of 2023, and estimated that the market might make a low by spring. According to Wilson, 2023 is off to a “much better start” compared…


The Four Critical Components of Homeowners Associations (HOAs)

Dear Monty: We are considering buying a home in a homeowners association. The agent calls it an HOA. We have heard both positive and negative reviews about the concept. Are homeowners associations a good idea? Monty’s Answer: There are many homeowners associations. Estimates vary, but the U.S. Census Bureau has published data on the number…


Cuteness Overload: The Tiny Cotton Ball-Like Birds Known As ‘Snow Fairies’ in Japan

Could these be the sweetest little birds on the planet? The Japanese certainly think so, calling the beloved, long-tailed sparrows “snow fairies.” Known as Shima-enaga, the round, white balls of fluff live on Japan’s second-largest island, Hokkaido. Photographer Yuzuru Kitagawa captures their delicate beauty perfectly as they flit around the snowy paradise that is their…


Marathon Petroleum Beats Profit Estimates on High Demand, Tight Supplies

Marathon Petroleum Corp. on Tuesday beat Wall Street expectations for quarterly profit as refining margins soared amid tight supplies and higher demand for its products. The top U.S. refiner also approved an additional $5 billion share repurchase plan, joining rival Phillips 66 in increasing shareholder returns. Phillips 66 raised its quarterly dividend on Tuesday by…


Trump Files $49 Million Lawsuit Against Journalist Bob Woodward Over Release of Interview Recordings

Former President Donald Trump has filed a $49 million lawsuit against Bob Woodward, alleging that the journalist did not get his permission to release recordings of interviews. The lawsuit (pdf) was filed in the Pensacola division of the U.S. District Court for the Northern District of Florida on Jan. 30 and names Washington Post reporter…


Nitrosamines: A Carcinogen Found in Popular Drugs

In recent years, a lot of popular drugs, including diabetic, hypertension, and heartburn drugs, have been found to be contaminated with a carcinogen: nitrosamine. In 2018, Swiss drugmaker Novartis first discovered that its blockbuster blood pressure medication valsartan contained harmful levels of a carcinogen known as nitrosamine. In the following two years, over 1,400 product…


Here Are 2023′s Top Colors for Painting Your Home Office

A new year means a new look. With more people working inside of their homes than ever, now is the perfect time to consider giving that home office a new coat of paint. But don’t just recoat it. Give it a new personality by using one of this year’s top home office paint color trends….


Exxon Smashes Western Oil Majors’ Earnings Record With $56 Billion Profit for 2022

HOUSTON—Exxon Mobil Corp. posted a $56 billion profit for 2022, the company said on Tuesday, taking home about $6.3 million per hour last year, and setting not only a company record but a historic high for the Western oil industry. Oil majors are expected to break their own annual records on high prices and soaring…


This Astronomical Clock Is Still Ticking After 600 Years—And Can Still Locate the Sun, Moon, and Stars

A mechanical wonder over six centuries old is mounted on the south wall of the Old Town Hall in Prague, located in the Old Town Square. Nested in ornate gothic decoration, this steampunk predecessor is still ticking today. Called the astronomical clock, it’s the oldest working clock of its kind in the world today and…


One Man’s Alaska | Alaska: History & Beauty Ep2 | Documentary

An absorbing look at Richard Proenneke, whose filming of his solitary life in Alaska became public television’s “Alone in the Wilderness.” …