Living In Any New York Borough Now Requires A Six Figure Income

Pull-Forward Demand Boosts PC Shipments Amid Memory Crunch Woes The latest snapshot of the global PC market, from International Data Corporation's first-quarter shipment tracker, shows units rising 2.5% year over year to 65.6 million. "Despite deteriorating macroeconomic conditions and memory shortage issues, the PC market recorded another quarter of positive growth," IDC wrote in the report published on Thursday morning. IDC said last quarter's growth was "mostly fueled by the anticipation of rising component prices, Windows 10 migration, and new product introductions." Jean Philippe Bouchard, research vice president at IDC, noted, "The...

Ruthless Taxation And The Hyperstate: How Germany Profits From Crisis Submitted by Thomas Kolbe, The Hormuz crisis offers us a profound insight into the real power structures in Germany. Nothing seems able to convince the Berlin monolith to partially shield its citizens from the consequences at gas stations through tax cuts. It is now unavoidable that the Iran shock will translate into an inflation driver, working its way through economic value chains into consumer prices. These developments almost force a reduction of the tax burden on households and the middle class. It...

Futures Rise, Oil Drops On Report Of Ceasefire Push US stock futures rose, but were off session highs (and lows) and crude oil dipped as the bipolar market focused its attention on a report of a push to secure a potential ceasefire in the war in Iran, following a reversal in those exact same hopes late last week. As of 8:00am ET S&P 500 futures added 0.1% in light trading after the Easter holiday, reversing an earlier loss of as much as 0.8%, but also off session highs. Nasdaq futures tose 0.4% with all Mag...