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" ... But the Rockets keep coming up short, and Harden carries a lot of the blame. He notoriously disappears in elimination games, winning one of his last seven affairs. There was his 2-for-11 performance in Game 6 of the 2017 semi-finals; his 12-for-29 effort in Game 7 of the 2018 Western Conference Finals; his 11-for-25 showing in Game 6 of the 2019 semi-finals; and his 2-for-11 outing this year in Game 4 of the semi-finals against the Lakers. ... "
" ... Conventional finance is notoriously risk averse and not particularly innovative, so most banks probably will stay away from crypto for a while. Yet, for enterprising bank institutions willing to depart from the pack, the proposed rule is a roadmap. Such banks will have a different logistical challenge than exchanges. Instead of trying to rebuild cryptocurrency exchange infrastructure so it complies with AML rules, banks will need to figure out how to onramp cryptocurrency activity for the first time. They could create new types of wallets and transaction parameters that are already compliant with these rules. It would still be quite an operational lift, but it may be easier to tackle while they lack existing cryptocurrency customers. Decentralization purists will find this uninspiring, but it would be a significant leap forward for cryptocurrency adoption. ... "
" ... Interest rates are notoriously sensitive to inflation. To induce people to hold bonds, such paper must yield a real rate of return. That is, the total return consists of expected inflation and a “real” return. One reason for rates to rise is if the “expected” or “anticipated” rate of inflation rises. So far, in all of the major surveys, consumers don’t expect inflation to rise over the various different time horizons. So, why did rates back up last week? Two reasons: ... "
" ... The details of the federal no-fly list are notoriously opaque, but it prohibits anyone who “may pose a threat to civil aviation or national security” from boarding a commercial aircraft. The FBI and TSA do not comment publicly on how many people are listed or why, generally citing classified or sensitive security information. ... "
" ... When it comes to defining leadership for digital initiatives, organizational structure is notoriously difficult for companies. Should digital transformation be led by IT or driven by operations? Perhaps marketing should own major digital change since digital initiatives are often highly customer-facing. Some companies have chosen their CEOs to manage these transformations directly, but is that the right approach? Or should companies committed to advancing in the digital space go as far as to hire a chief digital officer (CDO)? If so, to whom should that leader report? ... "