Author: prosperplanetpulse.com

Rep. Jamie Raskin, D-Md., acknowledged Sunday that “very honest, serious and rigorous conversations are happening” within the Democratic Party following President Joe Biden’s disastrous performance in Thursday’s presidential debate.Raskin’s comments stand apart from what most Democratic leaders have publicly defended in the president, acknowledging that Biden’s debate performance was “bad” but arguing that it doesn’t disqualify him from running for president.”I’ve been very clear, as President Biden and his campaign have acknowledged, that Thursday’s debate performance was disappointing. It was a setback, certainly. But of course, I believe that setbacks are just a preparation for a comeback,” House Minority Leader…

Distributed ledger technology (DLT) is often combined with the Internet of Things (IoT) to enable interesting automated functions in the real world, which are also registered and processed digitally. IoT devices are physical objects designed to connect to the internet, and also function effectively in a distributed network.Blockchain was not built to address challenges such as high energy costs and lack of necessary speed. Obyte might be a better optionIt enables cheap, fast, secure, highly decentralized transactions and immutable data records.With this in mind, let’s look at some potential use cases for the powerful combination of IoT and Obyte. Asset…

Detroit – Detroit’s Rattlesnake Club Restaurant has closed after 36 years in business.”We are grateful to our loyal customers for their support over the years, and most importantly, we thank our dedicated employees for their faithful service,” Mark Tuttle, executive vice president and CFO, said in a statement.The restaurant opened in 1988. Tuttle said business never recovered after the COVID-19 pandemic.”Changes in dining habits, office occupancy and traffic volumes since the COVID-19 pandemic have negatively impacted revenue, and private events, which have always been a mainstay of our business, have not recovered,” Tuttle said.Tuttle said employees were informed about the…

Srinagar, Jun 30 (UNI) Union Minister Jitendra Singh on Sunday said that a change in mindset and exploration of local resources is key for start-ups in Jammu and Kashmir.Speaking at the concluding ceremony of a two-day national conference on ‘Role of Academic-Led Startups in Jammu and Kashmir’s Developing Economy (RASE-2024)’ held at National Institute of Technology (NIT) Srinagar, he said the startup movement in India has accelerated significantly in the last decade.He said the credit for this goes primarily to Prime Minister Narendra Modi, who called for “Start Up India, Stand Up India” from the ramparts of the Red Fort…

The Indianapolis Colts are hoping starting quarterback Anthony Richardson can stay healthy in Year 2 after missing all but four games as a rookie with a concussion and a season-ending shoulder injury, and they’re hoping he can improve a passing attack that struggled last season and ranked in the bottom half of the league, 20th in passing yards and 24th in passing touchdowns.Fortunately, the Colts will have their top two wide receivers locked down for next season. Their top receiver, Michael Pittman Jr., signed a three-year contract extension this offseason. Their second top receiver, Josh Downs, has three years remaining…

While India is far from San Francisco’s “uncanny valley,” it has a huge pool of engineering talent, some of which is hopping on the train to become founders and builders of AI startups. The state of India’s AI startup ecosystem today is reminiscent of the early days of SaaS in the country. Funding is limited, especially compared to the billions of dollars raised by AI startups in the U.S. and Europe. But in areas like generative AI, there are signs of where venture capital money is flowing: it’s going to home-grown talent solving uniquely local problems and bringing new approaches…

The Bank for International Settlements has warned that debtor countries are at risk of a sudden loss of confidence, even as bond markets barely acknowledge the risk. In its annual economic report released on Sunday, the Basel-based BIS said countries whose bloated fiscal positions are being further strained by high interest rates should prioritize fiscal consolidation. Claudio Borio, head of the BIS’s finance and economics department, said countries must act “urgently.” “Experience shows that things can appear sustainable and then suddenly become unsustainable,” he told reporters. “That’s how markets work.” The need for fiscal consolidation is a recurring theme for…

The current domestic rally is robust and Sensex may breach the 80,000 mark. The surge began with the formation of a stable coalition government, giving confidence to investors. Since June 4, the major index has risen 10% and reversing net FII outflows (QTD) has significantly reduced the country’s risk profile. India’s VIX index, which peaked at 26.75 on June 4, has since halved to 13.8, indicating a notable decline in market volatility. This positive trend has particularly benefited key sectors such as financials and consumer goods, with FIIs showing renewed interest after months of net selling in April and May.…

The urge to draw lessons from history is wise, but the lessons are only as valuable as the history itself.President Biden’s stunning blunder in Thursday’s debate with former President Donald Trump confirmed what most Americans already knew to be true: That at 81, the sitting president is too old to serve a second four-year term. But some overly cautious commentators are invoking the lessons of 1968 to suggest that Biden would invite chaos if he were to pull out now.But that’s a misinterpretation of an obviously tumultuous year: The sitting president’s belated decision to step down was actually the most…

In 2020, I wrote a quick overview of the U.S. real estate market with charts to show how the pandemic was affecting the housing market. Now that a few years have passed, it’s time to update these charts. The monthly supply of existing homes measures the number of months it would take to sell all the homes on the market at the current sales pace. They are trending significantly higher from the lows of late 2021/early 2022. This is good news for a healthy housing market. The pandemic has created a surge in demand for housing, leading to a mini-boom…