The yawning gap between the mobility of white children and Black children growing up in low-income families has narrowed sharply, according to a major new study released today, based on tens of millions of anonymized census and tax records. Yet the findings are not entirely comforting. Inequality narrowed not just because poor Black kids have grown up to earn more as adults but also because poor white kids are earning less. Children born in lower-income white families did not fall...

The U.S. economy grew at a 2.8% annualized rate in the second quarter—a faster rate than economists expected as consumer spending increased and businesses built up inventories, the Commerce Department said on Thursday. Why it matters: The new data raises confidence the economy has achieved a "soft landing" — healthy economic growth alongside cooling inflation. Economists expected an annualized growth rate of 1.9% last quarter. The economy grew at a 1.4% rate...

The U.S. economy grew at a faster pace than expected at the beginning of 2024 as consumers continued to open their wallets despite ongoing inflation and high interest rates.  Gross domestic product, the broadest measure of goods and services produced across the economy, grew by 2.8% on an annualized basis in the three-month period from April through June, the Commerce Department said in its first reading of the data on Thursday.  That is much higher than the 2%...

A stark image. The post Why did Pink Floyd name their album ‘The Dark Side of the Moon’? first appeared on Far Out Magazine.

Helping them through the pretentious years. The post Bono and the man who saved U2’s career: “We can get through this” first appeared on Far Out Magazine.

The kids playing the Socs and the Greasers had to live like their characters during filming.

Ghost has released an animated video for “Mary On A Cross, from the band’s recently released feature film “Rite Here Rite Now,” which premiered globally in cinemas last June. The song went platinum (one-million units moved) in the U.S. when it was originally released in ’19. The film combined narrative storytelling with live performances filmed last year during band’s “Re-Imperatour“ at L.A.’s Kia Forum. “I have never seen a crowd interact the way that they did since I was in a club band,” enthused frontman Tobias Forge. “They were the best shows I’ve ever done with Ghost, just because I didn’t have to see those fucking mobile phones.” ### The post Ghost’s Animated “Mary On A Cross” Is Out appeared first on RockinTown.

Nothing like looking the reality of your policies in the face. https://t.co/YiHvbw24Mt — Lara Logan (@laralogan) July 25, 2024

by Dr. Frederick Attenborough, Daily Sceptic: During last week’s King’s Speech, Sir Keir Starmer set out his legislative programme in this Parliamentary session and made clear Labour intends to bring forward a “full, trans-inclusive ban on conversion practices”. From a free speech perspective, the problem with this proposal isn’t just that no-one yet knows what […]

from Moonbattery: Whether the figurehead is Joe Biden or Kamala Harris, we will be ruled by the same kind of people. Which kind? This kind: A Democrat staffer, who recently announced on social media that he has joined the Biden-Harris campaign as a deputy press secretary, works as a “drag queen” on weekends… Eric Lipka, who […]