The Hand With The Rising Thumb
The Federal Reserve announced Wednesday an increase in its key interest rate by 0. It's the second time in a row that the Fed has raised rates by 0. The Fed hopes that by raising the interest rate, it can slow down the economy and cause prices to come back down. When you get a loan from a bank — for example, when you're buying a house — an interest rate is attached to that loan. The interest rate is the price you pay to borrow the money.


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Hand of female in closeup showing like sign or rising thumb up behind her back
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Index finger - Wikipedia
When I saw that a robot had broken the finger of a 7-year-old boy it was playing at the Moscow Open chess tournament, my first reaction was, "They're coming for us. All the machines that have been following commands, taking orders, and telling humans, "Your order is on the way! And so, a chess-playing robot breaks the finger of a little boy who was trying to outflank him in a chess match. Onlookers intervened to extricate the boy's hand from what's called the actuator, which a lot of us might call a claw. The boy's finger was placed in a plaster cast. He returned to the tournament the next day. Sergey Smagin, vice-president of the Moscow Chess Federation, told the Baza Telegram channel that the robot had lunged after the little boy tried to make his move too quickly.



Hand with the rising thumb
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Consumer pessimism continues to hover around record lows, as rising interest rates, falling house prices and high inflation has given households very little to feel happy about. A net 25 percent of households thought it was a terrible time to buy a major household item, which was a 4-point decline on the June result. The report follows yesterday's survey of business sentiment, which revealed that firms were feeling less gloomy but still felt the pressures brought on by strong inflation, rising interest rates and labour shortages. A net 16 percent of consumers were pessimistic about the current financial situation, which is a 6-point increase on a month ago, and a net 2 percent said they expected to be worse off in a year's time. Zollner said a split of the results by whether the respondents had mortgage debt or not shows that those with debt are, unsurprisingly, more worried about their current and future personal financial situations.
