1. MacroeconomicsTitle: The Fog of Trade War Is Causing Confusion About Price IncreasesSource: The Wall Street JournalDate: June 15 2025Key takeawaysWith tariff rates whipsawing from 145 % to 55 %, consumers can’t tell whether higher price tags reflect duties, general inflation, or corporate mark-ups.A Kearney survey found 75 % of Americans blame both tariffs and inflation for cost spikes; 30 % ..

1. MacroeconomicsTitle: American Consumer Outlook Brightens in JuneSource: The Wall Street JournalDate: June 15 2025Key takeawaysThe University of Michigan’s preliminary sentiment index rose to 60.5 in June from May’s 52.2, the first uptick in six months. One-year inflation expectations eased to 5.1% (from 6.6%), suggesting headline price worries are moderating after the U.S.–China tariff rollba..

1. AccountingQ: What happens on the 3 financial statements when inventory goes up by $10, assuming you pay for it with cash?A: Inventory increase of $10 doesn’t affect the income statement. On the cash flow statement, it appears as a negative change in working capital, reducing cash flow by $10. On the balance sheet, inventory increases by $10 under current assets and cash decreases by $10, keep..

1. MacroeconomicsTitle: World Bank Sees U.S. Growth Rate Halving as Tariffs Slow Global EconomySource: The Wall Street JournalDate: June 10, 2025Key Takeaways:The World Bank expects U.S. GDP growth to slow to ~1.4 percent in 2025—roughly half of its prior forecast—citing drag from President Trump’s escalating tariffsGlobal growth is forecasted to fall below 2.5 percent, reflecting weakening dema..

1. MacroeconomicsTitle: Get Ready for Inflation to Matter in Markets AgainSource: The Wall Street JournalDate: June 8, 2025Key Takeaways:May's CPI report cooled to +2.3% YoY, but inflation expectations surged to the highest point since 1981The market is shifting focus from tariffs to resurgent inflation, which may delay Fed rate cutsRising inflation could pressure profit margins and financial co..

Opinion | How to Have a Passionate Life - The New York Times Opinion | A Surprising Route to the Best Life PossibleWhy people do things that are unpleasantly hard.www.nytimes.com It is a great and underappreciated talent — the capacity to be seized. “Pain is inevitable,” he wrote.“Suffering is optional. The hurt part is an unavoidable reality, but whether or not you can stand any more is up to ..