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Killexams : Oracle Professional tricks - BingNews https://killexams.com/pass4sure/exam-detail/1Z0-861 Search results Killexams : Oracle Professional tricks - BingNews https://killexams.com/pass4sure/exam-detail/1Z0-861 https://killexams.com/exam_list/Oracle Killexams : New World Tech Fall Victim To Old World Tricks

Wednesday, July 27, 2022

OpenSea have reported a breach whereby email addresses registered with the site have been shared with an unauthorised third party.

For landlubbers, OpenSea is the world’s largest marketplace for non-fungible tokens (NFTs).

The Head of Security at OpenSea identified an employee of OpenSea’s third party email delivery vendor as the source of the breach. The employee reportedly misused their access privileges to obtain and share the list of the site’s registered email addresses with an external party.

People who have shared an email address with OpenSea, such as subscribers to the site’s newsletter, are warned to remain vigilant about attempts by malicious parties to impersonate communications from OpenSea.

OpenSea has dealt with several security incidents this year. Only a month ago, a former OpenSea product manager was arrested and is reportedly the first person to have been charged in connection with a digital asset insider trading scheme. The product manager’s responsibilities included deciding which NFTs would be featured on the site’s homepage, which he allegedly used for his own financial gain. When OpenSea had discovered his conduct in September 2021, OpenSea requested and accepted the product manager’s resignation. Immediately afterwards, OpenSea commissioned a third party review of the incident and implemented the review’s recommendations to strengthen their existing policies.

In May this year, OpenSea’s Discord server was hacked. Just a few months earlier, 254 NFTs valued at around $1.7million USD were stolen through what appear to have been phishing attacks. OpenSea has reportedly reimbursed the victims.

These incidences highlight the status of NFT marketplaces as high value targets for malicious actors and reveals that many of the security vulnerabilities faced in the ‘old’ world of cyber technology remain a threat in the new world of blockchain and NFTs.

Once again, these incidents serve as a reminder for organisations to develop effective cyber security risk management, which requires an approach that encompasses all security vulnerabilities and that includes mechanisms governing employee access and use of sensitive information.

Copyright 2022 K & L GatesNational Law Review, Volume XII, Number 208

Wed, 27 Jul 2022 02:56:00 -0500 en text/html https://www.natlawreview.com/article/new-world-tech-fall-victim-to-old-world-tricks
Killexams : Oracle layoffs also may be affecting Cerner employees No result found, try new keyword!As Oracle cuts jobs in its quest to eliminate $1 billion in expenses, some of those reductions may creep into its new Cerner unit. Thu, 04 Aug 2022 00:55:00 -0500 text/html https://www.bizjournals.com/kansascity/news/2022/08/04/oracle-cerner-job-layoffs.html Killexams : Insiders describe 'complete chaos' at Oracle following layoffs and restructuring

Take a deep breath. It's Friday. I'm Jordan Parker Erb, and today I'm taking you inside the "complete chaos" at Oracle as layoffs and restructuring roil the database giant.

By the way, apologies for the slight delay this morning — we had a technical issue. (Fitting for a tech newsletter!)

Let's get to it.

If this was forwarded to you, sign up here. obtain Insider's app here.

Larry Ellison, Oracle cofounder, speaks onstage in front of background of red circles

Kim Kulish/Getty Images

1. Oracle insiders describe "complete chaos" from layoffs and restructuring. Earlier this week, Oracle began a sizable layoff, potentially impacting thousands of employees — and those who haven't yet been laid off are scrambling to figure out whether they'll be next.

  • The hardest-hit units, current and former employees said, were in the marketing and customer experience divisions. Some marketing teams have seen their headcount slashed by anywhere from 30% to 50%.

  • In some cases, they said, managers were given the choice of who would get cut, while others had no say in how the layoffs would affect their teams.

  • The Advertising and Customer Experience team was said to have been cut, too. "The common verb to describe ACX is that they were obliterated," one employee said.

  • This leaked org chart shows Oracle's cloud leaders after the company's major organizational changes.

A look inside Oracle over the past week.

In other news:

Lina Khan speaks with hand up

FTC chair Lina KhanGraeme Jennings/Pool via REUTERS

2. The Federal Trade Commission is deepening its investigation into Amazon's Prime sign-up and cancellation process. The FTC sent out subpoenas and other demands for information after Insider reporting. Here's our scoop on what's going on.

3. Axed "Robinhoodies" say they were tipped off to layoffs weeks ago. Former Robinhood employees said they saw signs of belt-tightening — including plans to shrink office space — long before the company laid off 23% of its staff. Five former employees took us behind the scenes.

4. Elon Musk's countersuit against Twitter says the company is operating a "scheme" to mislead investors. Musk argued that he is entitled to drop the deal entirely — and Twitter pushed back, saying the billionaire's story is "implausible." Get the big takeaways.

5. Nike is offering $5,000 employee bonuses for some tech job referrals. Grappling with internal turmoil and a wave of exits, the company announced the new referral program, which has been met with mixed reviews from employees. Here's what we know.

6. Fifteen current and former Apple female employees say the company dismissed claims of misconduct. After the Financial Times reported the HR unit retaliated against some of them after speaking up about the incidents, Apple vowed to "make changes." What we know so far.

7. Startup founders' mental health is crumbling. Dried-up funding and the stress of a turbulent economic year has piled stress on founders who are already trying to do the impossible: build iconic tech companies. Why some founders "are especially not OK."

8. Elon Musk denied that he's planning to build his own private airport in Texas. Local news site Austonia reported last week that an airport could help grow his companies in the region, but Musk said that's "not true" and it "would be silly." Get the full rundown here.

Odds and ends:

Mark Zuckerberg wearing sunglasses

Alex Kantrowitz

9. Mark Zuckerberg is minting an NFT of his Little League baseball card. In a post announcing Instagram's expanded support for NFTs, Zuckerberg shared his own "soon-to-be NFT." See the potential digital collectible of a young Zuck.

10. We broke down how to unsend text messages using iOS 16. iPhone users with iOS 16 will have 15 minutes to unsend a text — and delete it from the recipient's phone. How it works and how to do it.

The latest people moves in tech:

Keep updated with the latest tech news throughout your day by checking out The Refresh from Insider, a dynamic audio news brief from the Insider newsroom. Listen here.

Curated by Jordan Parker Erb in New York. (Feedback or tips? Email jerb@insider.com or tweet @jordanparkererb.) 

Read the original article on Business Insider

Thu, 04 Aug 2022 22:58:00 -0500 en-US text/html https://sports.yahoo.com/insiders-describe-complete-chaos-oracle-105842621.html
Killexams : Top 12 Advertising Blogs You Must Follow Now No result found, try new keyword!Adweek is a must-read for any professional in the advertising industry ... but also provides webinars on B2B and B2C subjects so business owners can learn advertising tips and tricks from the comfort of ... Thu, 21 Jul 2022 12:00:00 -0500 en text/html https://www.business.com/articles/top-10-advertising-blogs-you-must-follow/ Killexams : Software as a service (SaaS): Hyper-growth is what Oracle wants

The Indian economy has undergone fundamental changes as we transition to a data-led system and technology is playing a key role in this transformation. The Indian Software as a Service (SaaS) market is expanding fast as a part of this journey. It is anticipated that the SaaS market will grow at a CAGR of 27% over 2022-2027 to attain $15 billion in size by 2026.

Banking on large-scale growth of the SaaS market in India is cloud major Oracle, especially given government initiatives like ‘Digital India’ and ‘PM Gati Shakti’. Oracle’s growth strategy for FY23 has it betting big on the public sector. It is putting together a public sector team which will work across SaaS pillars to enable hyper-growth in India. “We are looking at hiring senior sales leaders and solution architects to support our strategy, as we anticipate high demand,” said Deepa Param Singhal, vice president, Applications, Oracle India.

Continuous SaaS momentum
SaaS applications have grown in popularity in recent years due to a variety of factors, such as cost-effectiveness, scalability, accessibility, and user-friendliness. Singhal said, “India is one of the fastest growing countries within the JAPAC region for Oracle. In India, the Fusion Applications business grew by 50% y-o-y in FY22”. Talking about product enhancements, she said, “The Oracle Unity Customer Data Platform is available in our India data centres. Our customers now have access to a top worldwide data platform like CX Unity. With the CDP hosted in India, regulated segments like BFSI and telecom, and state agencies can implement CX Unity. Additionally, our HR Payroll solution has been localised to address the needs of public sector enterprises.”

The key segments driving growth in HCM are BFSI, IT/ITes, and professional services, while partnerships with public sector and BFSI players are boosting growth in CX. Some of Oracle’s BFSI customers are Axis Bank, ICICI Bank, Federal Bank, Kotak Mahindra Bank, and SBI Card. The manufacturing sector is the largest contributor to ERP’s growth for Oracle.

Growth drivers
Oracle’s focus for the financial year is on the ‘Public Sector and Regulatory markets’, as it starts to offer localised SaaS solutions like CX Unity and the HR India Payroll. “Our overall objective is to unleash hyper-growth in India, since drivers such as Citizen Engagement & Outreach, EASE – Banking Reform (PSU), Digitally Inclusive Bharat (Future Workforce), and Mission Mode Projects are promoting cloud adoption in the country,” said Singhal.

Bullish on growth

Oracle is putting together a public sector team which will work across SaaS pillars
SaaS applications have grown in popularity in recent years due to a variety of factors
India is one of the fastest growing countries within the JAPAC region for Oracle
Among the company’s BFSI customers are Axis Bank, ICICI Bank, and Kotak Mahindra Bank

Sat, 30 Jul 2022 20:55:00 -0500 en text/html https://www.financialexpress.com/industry/technology/software-as-a-service-saas-hyper-growth-is-what-oracle-wants/2604616/
Killexams : Oracle lays off employees globally, including India No result found, try new keyword!Oracle has laid off employees across multiple countries, including India, over the past couple of days. The news publication The Information reported that Oracle plans to cut costs by up to $1 billion ... Tue, 02 Aug 2022 15:38:25 -0500 en-in text/html https://www.msn.com/en-in/money/topstories/oracle-lays-off-employees-globally-including-india/ar-AA10fn29 Killexams : How two college friends launched a company that has helped save 32 terawatt hours of energy and more than $3 billion in energy bills

The founders of Opower, Daniel Yates and Alex Laskey.

Brooks Kraft | Corbis News | Getty Images

In this weekly series, CNBC takes a look at companies that made the inaugural Disruptor 50 list, 10 years later.

Before Alex Laskey launched an energy efficiency company in 2007, he was primarily working on political campaigns, "almost exclusively losing campaigns," he told CNBC in a phone conversation in June.

Towards the end of his early run in politics, in 2006, Laskey worked in public opinion research and political polling about voter sentiment on, mostly, environmental and energy issues, and that work catalyzed Laskey's awareness of and sense of urgent desire to respond to climate change.

The political opinion polling also taught Laskey that while "climate change" was a highly politicized issue in 2006 (and still is, according to Pew Research Center), that even back in 2006, almost all American voters agreed with the idea of "saving energy" and not being wasteful, Laskey told CNBC.

As these learnings were percolating for Laskey, he reconnected with his college friend Dan Yates, who had in 2004 sold his education software company Edusoft to Houghton Mifflin for $40 million. The two decided to work together on an effort related to the environment and responding to climate change. In January 2007, Laskey and Yates committed to spend a few months testing out some ideas and seeing how compatible they would be working together.

The startup that Laskey and Yates would go on to launch was Opower, which shared energy efficiency recommendations with customers through the utility companies that serve them. In 2014, the energy efficiency company went public. Two years later, it was acquired for $532 million by software giant Oracle. Today, Opower is still operating within Oracle as a part of its utilities-focused business, and is still being run by an early hire, Matt O'Keefe.

For Opower, which appeared on the inaugural CNBC Disruptor 50 list in 2013, being acquired helped the company accelerate its impact, building on the back of Oracle's software strength. Since 2016, Opower has tripled the amount of energy the company has been able to help customers save. Households that get energy from a utility company that uses Opower's energy efficiency recommendations have saved more than 32 terawatt hours of energy savings. Before Oracle bought Opower, the company had been able to save 11 terawatt hours of energy.

The 32 terawatt hours of energy can be an abstract number that's hard to contextualize, but here are some real world constructs: a terawatt is a trillion watts or a thousand times bigger than a gigawatt. A gigawatt can power 3.125 million solar panels or 110 million LED lights, so a terawatt is a thousand times that: 3.125 billion solar panels or 110 billion LED lights. That 32 terawatt hours of energy savings Opower has been responsible for translates to saving customers $3.3 billion on their bills.

That 32 terawatt hours of energy saved means 16 million metric tons of carbon dioxide emissions have been avoided. That too can be hard to grasp in any tangible way, but for context, a metric ton is 2,204.6 pounds and a metric ton of carbon dioxide would be held in a cube 27 feet on all sides, which is about the length of a telephone pole, according to Massachusetts Institute of Technology's database of global warming information.

How the idea for Opower came together

A few "aha moments" helped coalesce and guide the creation of Opower.

First, Laskey had a "pretty old, beaten up Honda Civic" and Yates had a much nicer Toyota 4Runner but when the two would go on double dates with their respective partners, they would "pile into" the Honda Civic, even though the 4Runner was more comfortable, especially for four people. That decision was, at least in part, driven by their desire to not waste gas. And while it was easy for them, and most everyone on the road, to know the gas mileage of the cars they were driving, or not driving, they had absolutely no sense of how energy efficient or inefficient their apartments in San Francisco were relative to their neighbors.

"In other words, we could be driving a Civic or Prius, but returning to Humvee homes," Laskey told CNBC. "And we had no idea. And not only did we have no idea but nobody else had any idea."

At the same time, a professional acquaintance they were speaking to about some of their ideas introduced them to the work of behavioral psychologist, Robert Cialdini, who presented the idea that the most powerful tools to influence behavior are when an individual is presented with a normative comparison, or the idea of comparing an individual's score, ranking or performance to the average of the group.

Laskey says another iterative step toward launching what would become Opower was when Google announced it was going to put solar panels all over its office buildings. That announcement from the tech giant was on the front pages of several newspapers. And at the same time, Laskey was reading about a program to replace refrigerators in low-income housing with energy-efficient refrigerators in New York City, a program that made a "real impact, a material impact" on energy savings and money saved for residents.

"We did the calculations and realized all of the energy that was going to be produced by the solar panels paled in comparison to the energy that had been saved and was being saved by these refrigerators," Laskey told CNBC. "And, nobody was writing about the refrigerators."

The "boring and unsexy" domain of energy efficiency was an "overlooked opportunity," Laskey said.

(L-R) Clean Energy Project Board Chair Rose McKinney-James, Opower Founder and CEO Alex Laskey, SolarCity Founder and CEO Lyndon Rive, View Inc. CEO Rao Mulpuri, Nest Labs Director of Energy Products Ben Bixby and Mosaic Founder and President Billy Parish attend the National Clean Energy Summit 7.0 at the Mandalay Bay Convention Center on September 4, 2014 in Las Vegas, Nevada.

David Becker | Getty Images Entertainment | Getty Images

Getting the utilities on board

Laskey and Yates got started by talking to utility companies and politicians. Energy utility companies have regulated targets they have to meet for saving their customers energy and so Laskey and Yates' pitch was to build a software product that would help energy utility companies help their customers save energy — and build the customer's relationship with the utility company at the same time.

Laskey and Yates talked to energy utility companies in California and Texas and were part of an effort to get a bare-bones piece of energy efficiency legislation signed into law in Texas by then-governor Rick Perry. "That was the kind of final kick in the pants that this was a business worth at least trying," Laskey said.

They signed their first customer in 2007, which was a public utility in the Sacramento, Calif.-area owned by citizens, the Sacramento Municipal Utility District.

Building out their customer base was slow. "The reality in selling to utilities is that these are risk-averse, slow-moving organizations," Laskey said.

One benefit of building a company with an expressed purpose to save energy is that Laskey and Yates were able to attract employees to work for them who were looking to make a difference in the world. And building a mission-driven company helped recruiting tremendously. Opower employees "left Google and Facebook and Amazon and Microsoft to join us, in many cases taking lower salaries to do that," Laskey said.

Opower's mission was lauded publicly by the White House, too. In its early days, Opower was praised by the Obama administration for its work saving energy and President Obama visited the Arlington, Virginia.-headquarters of Opower in 2010 to congratulate the team on the work they were doing. "The jobs of tomorrow will be jobs in the clean energy sector, and this company is a great emblem for that," Obama said during his visit, according to Energy Department records.

US President Barack Obama speaks on energy jobs as he visits OPOWER in Arlington, Virginia, on March 5, 2010.

Jewel Samad | Afp | Getty Images

Opower inside of Oracle

For the decade he was building Opower before selling it to Oracle, Laskey spent 160 nights a year on the road. "I didn't want to spend the rest of my life on airplanes all the time," Laskey said.

And Oracle was a logical fit for a buyer. It has an entire suite of products and software that is custom built for the utility industry and is sold exclusively to the utility industry. While Opower had customers in 12 countries at that point and was already a larger company than Laskey "ever imagined we would be," expanding and growing in other countries was a challenge. Selling to a software powerhouse like Oracle helped Opower grow faster.

Today, Laskey is running a stealth medical device company and he is also running a nonprofit advocacy organization called Rewiring America, which is working to electrify everything, with a specific focus on inside the home. The goal is that Rewiring America will be successful enough to shut itself down in the next ten to 15 years. "The hope is that within 10 years that everywhere in the country, the default, easiest, most convenient thing to do will be to install heat pumps instead of fossil-fuel burning machines," Laskey said.

Yates is the executive chairman at Dandelion, a startup that spun out of Alphabet's X and is working to accelerate the deployment of heat pumps. Yates is also co-owner of a spice e-commerce company and on the board of environmental activist organization the Natural Resources Defense Council.

Today, O'Keefe is running Opower internally at Oracle.

Opower teammates at their first in-person meeting as offices reopened in 2022. Matt O'Keefe is third from the left, back row.

Photo courtesy Opower

O'Keefe joined the company in January 2013 in a regulatory and market development role for West Coast states. Previously, O'Keefe was representing a wide swath of energy efficiency businesses to the state regulatory body in California. "When we were acquired, I found out via text message from my boss on my honeymoon. I was waking up in Japan, with my wife — very, very recently, wife at that time — and it was a really surprising moment for sure. But we had gone public only a couple of years before and so it wasn't shocking that that was what was happening," O'Keefe told CNBC.

O'Keefe has stayed on with the company, now formally called Oracle Utilities Opower, because he sees the potential for more impact in the form of energy conservation. "I've asked myself each year: Can we still expand our impact? And I've always seen that that possibility is there," O'Keefe said. He reports to the head of the global business unit for energy and water.

Within Oracle, OPower is still making personal recommendations to customers via their utility company based on their personal information, and offering steps customers can take to save energy and money.

"We provide specific tips and tricks," O'Keefe said, like recommending temperature settings for a thermostat, asking customers to run their dishwasher or laundry machines at a specific time, and think about their hot water usage. "Here's the good news: People want to help. People are willing to commit, and people are willing to make these small actions," O'Keefe said.

The Opower team in Virginia celebrating Pride Month in June, 2022.

Photo courtesy Oracle

Specifically, Opower recently asked people to change their energy consumption behavior during times of peak energy demand due to extreme weather for utilities including Baltimore Gas & Electric, Burbank Water & Power, ComEd, Con Edison, CPS Energy, Delmarva Power, PECO, Sacramento Municipal Utility District and San Diego Gas & Electric.

Last year, Opower ran a program with National Grid to deliver personalized videos to people explaining the breakdown of their energy use and why a heat pump is a good idea. Those personalized videos have 12 times the rate of success in getting eyeballs compared with Opower's more standardized versions of energy reports that run online.

And other campaigns Opower run have a more direct focus on saving low-income people money.

"Energy efficiency has always played this role of the workhorse, that fundamental foundation ... but it's always been the least sexy, as well," O'Keefe told CNBC. That's beginning to change, as people more and more realize the importance of focusing on using less energy in addition to making what energy they do use be clean. Also, demand for electricity is continuing to increase because citizens are replacing fossil fuel-powered machines with electric options.

"So energy efficiency has changed, and the industry has changed. And the way they view each other has changed," O'Keefe said.

Sign up for our weekly, original newsletter that goes beyond the annual Disruptor 50 list, offering a closer look at list-making companies and their innovative founders.

Thu, 14 Jul 2022 08:26:00 -0500 en text/html https://www.cnbc.com/2022/07/14/how-opower-sold-to-oracle-has-helped-save-3-billion-in-energy-bills.html
Killexams : Analysis Topic: Economic Trends Analysis

Economics

Saturday, August 06, 2022

COST OF LIVING CRISIS NIGHTMARE - Expect High INFLATION for whole of this DECADE! / Economics / Inflation

By: N_Walayat

The Inept Governor of the Bank of England has miserably FAILED in the banks primary remit of pegging inflation at 2%. This video illustrates why the Cost of Living Crisis will soon become a decade long nightmare for most Brits.

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Economics

Friday, August 05, 2022

WHY PEAK INFLATION RED HERRING / Economics / Inflation

By: Nadeem_Walayat

When one looks under CPI inflation hood then one sees strong signs of inflation topping, given what we have already seen transpire in the commodities markets such as Gasoline prices having fallen since the May inflation report and many of the components such as Airfares also turning lower.

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Economics

Thursday, August 04, 2022

What is our Real Economic and Financial Prognosis? / Economics / Economic Theory

By: Raymond_Matison

According to Webster’s dictionary, the definition of prognosis is a forecast, or a prediction of a probable course of a disease in an individual, and the chances of recovery.  In this article, we apply this definition of prognosis to our inanimate, yet seemingly “living and breathing” economy, and project its chances of recovery.

The world is filled with intelligent and highly experienced economists, and thousands of financial market observers who can provide us a lucid and convincing interpretation of our economy and health of our financial markets.  As a result, you can find widely recognized professionals who will diagnose and predict the direction of our economy and financial health as to support our own personally biased view of reality – regardless of what that may be.  But independent of our own personally preferred views, what is the most probable reality we are likely to experience?  What is the real economic and financial prognosis? 

Government agencies and media are increasingly filled with unjustifiably adjusted and manipulated economic data, directed and misdirected propaganda, and outright lies, such that it is nearly impossible to judge the real strength or direction of the economy and the health of our financial markets.  Since small and developing nations are quickly learning these “tricks of the trade”, international media and government agencies are universally now also dispensing politically favorable rhetoric rather than truth.  So what measures can we review to accurately evaluate the health of our economy?

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Economics

Friday, July 22, 2022

Why UK Cost of Living Crisis Will Get X10 Worse! Britain Heading for INFLATION CATASTROPHE! / Economics / Inflation

By: Nadeem_Walayat

UK CPI inflation has just nudged higher to 9.4% that is prompting the always wrong crowd to crow loudly about how peak inflation being just around the corner, however the herd remains completely blind to what is set to follow over the remainder of this decade and the funnel all of their weak brain power into regurgitating the same annual percentage change graphs, all whilst missing the Inflation big picture that warns that even if peak inflation i just around the corner to soon to be followed by inflation falling to say 6% or even 5%, however this is not going to make any difference to the INFLATION PAIN that is going to manifest over the coming years,

Britain's inflation goose is well and truly cooked as our inept government and even more moronic central bank have sleep walked Britain to back to the 1970;s which will manifest in a cost of living crisis that most are unprepared for as my latest video illustrates.

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Economics

Wednesday, July 20, 2022

What’s with all the Pretend Economists all of a Sudden? / Economics / Economic Theory

By: Submissions

Is everyone an economist now?

These days, everyone I speak with has a strong opinion on the economy.

Most are convinced things will get worse.

They think the US economy is headed off a cliff, and that inflation is here to stay.

As a result, they also want nothing to do with stocks. They’re certain that the entire market is about to collapse.

I see things differently…
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Economics

Saturday, July 16, 2022

Fed-Induced Recession Looms as Rate Fears Roil All Markets / Economics / Recession 2022

By: MoneyMetals

Another pair of alarming inflation reports jolted markets this week.

On Wednesday, the Consumer Price Index came in at a 9.1% annual rate. The higher-than-expected reading puts the CPI at a new 41-year high.

The biggest contributors to rising consumer prices are the basic necessities of food, fuel, and shelter. As households struggle to make ends meet, they are trimming discretionary spending, burning through savings, and running up credit card balances.

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Economics

Friday, July 15, 2022

Peak Inflation is Not the Issue / Economics / Inflation

By: Michael_Pento

The reality of record-high inflation combined with a hawkish monetary policy is slowing the economy sharply and has led to the current U.S. recession—two back-to-back quarters of negative growth. The economic contraction should soon cause inflation to roll over along with bond yields; but that isn’t necessarily indicative of a new bull market. It is much the same process that occurred leading up to the Global Financial Crisis of 2008.

The major difference is that the level of inflation today is much greater than it was 15 years ago--a white-hot 9.1% for June of 2022, which is actually close to 20% if calculated using the same method back in 1980. That level is much greater than the 4.1% in December of 2007. Inflation may be peaking, but it is peaking at over 4.5x greater than the Fed’s target. Meaning, the FOMC will find it very difficult to provide up its inflation fight anytime soon. It would be a different story if the Effective Fed Funds Rate was trading close to the Fed’s neutral range, which Mr. Powell believes is close to 2.5%, not the 1.58% seen today. With CPI at 9.1% and its balance sheet at $8.9 trillion, it is untenable for the Fed to remain stimulative to inflation. Indeed, the FOMC wants the interbank lending rate at 3.5-4.0% by the end of 2022.
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Economics

Sunday, July 03, 2022

New Signs Economic Turmoil Will Prompt Fed to Lose Its Nerve / Economics / Recession 2022

By: MoneyMetals

As trading kicks off for the month of July and the second half of the year, investors are hoping for a third quarter rebound.

It’s been a brutal year so far in financial markets. The S&P 500 is down over 20%. Bitcoin has crashed by 60%. Bonds have provided no safe haven amid hot inflation. And spiking mortgage rates point to a potential calamity in the housing market.

As for gold, the monetary metal is essentially flat for the year. It may not be cause for celebration, but gold holders have at least obtained some shelter from broader market volatility.

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Economics

Tuesday, June 28, 2022

Recession Question Answered / Economics / Recession 2023

By: Michael_Pento

President Joe Biden, Treasury Secretary Janet Yellen, the entirety of the money printers who inhabit the Federal Reserve and virtually all of the deep state of Wall Street are still busy trying to convince you that a recession is unlikely. Well, here’s some news for all of them. Whether or not we will have a recession is no longer a question. The recession is already here. The only question is, how deep the recession will become.

The consumer is getting attacked on all fronts and their consumption accounts for nearly 70% of GDP. Falling real wages, spiking debt service costs, plunging crypto currencies, sinking stock prices and battered bond values are seriously injuring their financial health. And coming soon to a theater near you, a real estate wreck is in the offing. Instead of home prices rising 20% per annum, like they have over the last couple of years, the pace of home price appreciation should soon decline sharply. Home affordability is at a record low, while new listings and price reductions are on the rise. Home equity extractions have been severely depressed due to rising mortgage rates. And now, depreciating real estate values shut down to the bad consumer habit of relying on equity extraction to boost consumption.
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Economics

Tuesday, June 21, 2022

US Economy Headed for a Hard Landing / Economics / Recession 2022

By: MoneyMetals

The U.S. economy appears headed for a hard landing.

After months of ignoring the steadily growing inflation problem, the Federal Reserve is now using monetary blunt force to try to rein in rising prices.

Fed policymakers have effectively decided that inflation is so out of hand, they are willing to induce an economic slowdown that will reduce aggregate demand for goods and services.

The recent carnage in the stock market suggests that the Fed’s suddenly aggressive rate hikes are going to crimp consumer borrowing and hurt retail sales.

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Economics

Sunday, June 12, 2022

Shrinkflation! / Economics / Inflation

By: MoneyMetals

Precious metals markets enter summer trading with investors looking for signs of a directional move.

Gold and silver prices consolidated this spring with silver showing more of a downside bias. Silver did find 200-week moving average support at the $21 level in early May, however. That long-term trend indicator is also now heading in an upward direction. So, there is a good chance that the lows for the year are in.

Metals markets have yet to fully reflect broader inflation pressures in the economy, a statement you’ve heard us repeat many times in recent months.

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Economics

Friday, June 10, 2022

The CRACK UP BOOM! Implications for Stocks, Housing. and Commodities, Silver Potential / Economics / Crack Up BOOM

By: Nadeem_Walayat

Dear Reader

Whilst everyone is rightly focused on the BEAR MARKET that continues to cycle through stocks delivering sharply lower prices (buying opps), and as bad as things are likely to get i.e. this bear market has a lot further to run. Nevertheless there are mega-trends under way (monsters) that likely will deliver new all time highs for all of my primary AI tech stocks, though at that time most folks could have far more to worry about than stock prices.

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Economics

Friday, June 10, 2022

Food and Gas Prices: Is the Rising Trend (Finally) Ending? / Economics / Inflation

By: EWI

The Elliott wave structure of a key commodity ETF provides a clue

Consumers around the globe are wondering when they will finally see some relief from rising prices at the gas pump and grocery store.

It's difficult for these consumers to get a handle on what to expect from reading recent headlines because some are conflicting.

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Economics

Saturday, June 04, 2022

Inflation Mutation - This is not your Grandpa’s Inflation problem / Economics / Inflation

By: Gary_Tanashian

The Fed is starting to play catch-up with inflation signals from the bond market as evidenced by the Fed Funds Rate finally being pulled upward by the implications of the rising 3 month T-bill yield, among other more obvious signals like the long since rising 2yr Treasury yield and ongoing inflation headlines we read about every day.

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Economics

Sunday, May 29, 2022

What is the Crackup Boom? / Economics / Crack Up BOOM

By: Nadeem_Walayat

The crackup boom as theorised by :Ludwig von Mises in the 1920's in the face of Austrian hyperinflation is when the masses wake up to the inflation game the government and the central bank have been playing, that of printing money on an epic scale that devalues the value of fiat currency resulting in ever higher price rise in the shops coupled with increasing lack of supply as prices rise due to producers / sellers inclined to slowdown the process of delivery for higher future prices in response to which the government prints even more money to placate the masses in response to demands the government do something to address the "cost of living crisis".

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Economics

Friday, May 27, 2022

How the United States Conquered Inflation Following the Civil War / Economics / Inflation

By: MoneyMetals

By Larry Reed : Americans today are once again the victims of price inflation brought on by runaway government spending and printing of unbacked paper money.

According to the most recent polling data, the American public’s approval of Congress stands at a dismal 21 percent. Almost four times as many people disapprove of the job it’s doing.

That’s par for the course in recent decades. It’s the major reason the Washington sausage grinder earns so little praise. To be fair, though, let’s review an occasion when lawmakers got something right. I’m prompted to share this story now because its lessons are especially relevant considering today’s concerns about rising price inflation. The year was 1875.

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Economics

Friday, May 27, 2022

Greater Depression Now!? / Economics / Great Depression II

By: Raymond_Matison

Most investors know that a recession is defined by a decline in national GDP for two quarters, that is, two three month periods.  Investors also have experienced economic pundits writing or announcing that “we may experience a recession in the next several quarters, or expect one in the next one to two years”.  It seems that we are actually never in a recession, but rather a recession may be experienced by the public in the not too distant future. 

In one respect that viewpoint is understandable since it takes several months for the National Bureau of Economic Research (NBER) to confirm that the economy has previously experienced two quarters of negative growth, and thus they can never confirm that we are in a recession, but rather we can only know with a lag that we have previously experienced a recession.  It could take up to a year for the NBER to confirm that we were in a recession, but by the time they are able to confirm this fact – we may already have exited that recession.  Also, it requires significant lags of time to confirm that the economy continues to remain in a recession.  Thus, such information may be valuable and interesting to economists, but because of reporting and confirmation lags, it has essentially no value to the consumer.

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Economics

Friday, May 20, 2022

THE INFLATION MEGA-TREND QE4EVER! / Economics / Inflation

By: Nadeem_Walayat

A reminder folks that regardless of Fed propaganda and what you read in the mainstream press QE is 4 EVER! Once it starts it will not stop. As I have been iterating for over a decade now as the following excerpt from 3 years ago illustrates (Stock Market Trend Forecast March to September 2019) that CRISIS ARE MONEY PRINTING EVENTS TO CAPITALISE UPON BY INVESTING IN ASSETS THAT ARE LEVERAGED TO INFLATION!

So why has the the stock market soared, what is that the stock market knows that most commentators and economists fail to comprehend? We'll for one thing there are the dovish signals out of the Fed which go beyond a pause in their interest rate hiking cycle in response to a subdued inflation outlook. Similarly the worlds other major central banks have their own reasons to avoid rate hikes, most notable of which is the Bank of England that has been busy propagandising the prospects of a NO Deal Brexit Armageddon in attempts to scare Westminister into avoiding EXITING the European Union in anything other than an ultra soft BrExit.

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Economics

Friday, May 20, 2022

US Real Estate Investors – Is There An End In Sight? / Economics / US Housing

By: Chris_Vermeulen

The US stock market contracted sharply over the past 30+ days while traders attempted to identify the risks associated with the US Fed rate increase. Behind the scenes, real estate investors and homeowners are under pressure due to higher costs on nearly everything. Gas, food, everyday items, credit card interest payments – almost everything costs more due to inflation and increasing fuel costs.

I remember in 2007-08 when Oil reached levels above $140ppb and the seemingly high costs of everything just before inflation peaked and the markets turned bearish. Back then, much like today, a period of extreme speculation seemed to permeate buyers and investors throughout the US.

What broke this trend was the Global Financial Crisis. When the economy started to unravel, excessive credit/debt levels suddenly became unmanageable for nearly everyone. What seemed like a reasonable and manageable amount of debt suddenly became excessive as the US Fed raised the Fed Funds rate from 1.0% to 5.5% – a 450% increase.

Recently, we’ve seen the US Federal Reserve raise rates from 0.25% to 1.0%. The Fed may raise rates again soon, trying to tame inflation. I don’t have a crystal ball, but it is not difficult to understand how inflation, higher consumer costs, and increased debt servicing costs are going to panic many real estate investors, especially after many years of ZIRP and low inflation.

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Economics

Monday, May 16, 2022

Sanctions, trade wars worsen US inflation / Economics / Protectionism

By: Dan_Steinbock

The Fed’s aggressive and belated rate hikes will escalate economic challenges in the US and elsewhere, thanks to ill-advised sanctions and trade wars.

Recently, the Federal Reserve lifted its benchmark interest rate by half a percentage point, to a range of 0.75%-1%, following a smaller rise in March. It was the Fed’s biggest increase in 22 years.

Last fall, Jerome Powell, the Fed chairman, still characterized rising prices as "transitionary" which would not leave “a permanent mark in the form of higher inflation.”

So, when inflation began to climb rapidly after mid-year 2021, the Fed ignored it until it soared.             
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Thu, 04 Aug 2022 12:00:00 -0500 text/html https://marketoracle.co.uk/Topic6.html
Killexams : Oracle starts job cuts in U.S. - The Information No result found, try new keyword!Oracle Corp has started to lay off employees in the United States, The Information said on Monday, citing a person with direct knowledge of the matter. The publication in July reported that Oracle ... Mon, 01 Aug 2022 05:31:38 -0500 en-ca text/html https://www.msn.com/en-ca/money/topstories/oracle-starts-job-cuts-in-u-s-the-information/ar-AA10c0kN Killexams : Java News Roundup: JDK 19 in RDP2, Oracle Critical Patch Update, TornadoVM on M1, Grails CVE

This week's Java roundup for July 18th, 2022, features news from Oracle, JDK 18, JDK 19, JDK 20, Spring Boot and Spring Security milestone and point releases, Spring for GraphQL 1.0.1, Liberica JDK updates, Quarkus 2.10.3, CVE in Grails, JobRunr 5.1.6, JReleaser maintenance, Apache Tomcat 9.0.65 and 10.1.0-M17, Tornado VM on Apple M1 and the JBNC conference.

Oracle

As part of Oracle's Critical Patch Update for July 2022, Oracle has released versions 18.0.1.1, 17.0.3.1, 11.0.15.1, 8u333 and 7u343 of Oracle Java SE. More details may be found in the release notes for JDK 18, JDK 17, JDK 11, JDK 8 and JDK 7.

JDK 18

Concurrent with Oracle's Critical Patch Update, JDK 18.0.2 has been released with minor updates and removal of the alternate ThreadLocal class implementation of the current() and callAs() methods within the Subject class. However, support for the default implementation has been maintained. Further details on this release may be found in the release notes.

JDK 19

As per the JDK 19 release schedule, Mark Reinhold, chief architect, Java Platform Group at Oracle, formally declared that JDK 19 has entered Rampdown Phase Two to signal continued stabilization for the GA release in September. Critical bugs, such as regressions or serious functionality issues, may be addressed, but must be approved via the Fix-Request process.

The final set of seven (7) features for JDK 19 release will include:

Build 32 of the JDK 19 early-access builds was made available this past week, featuring updates from Build 31 that include fixes to various issues. More details may be found in the release notes.

JDK 20

Build 7 of the JDK 20 early-access builds was also made available this past week, featuring updates from Build 6 that include fixes to various issues. Release notes are not yet available.

For JDK 19 and JDK 20, developers are encouraged to report bugs via the Java Bug Database.

Spring Framework

Spring Boot 2.7.2 has been released featuring bug fixes, improvements in documentation and dependency upgrades such as: Spring Framework 5.3.22, Spring Data 2021.2.2, Spring GraphQL 1.0.1, Tomcat 9.0.65, Micrometer 1.9.2, Reactor 2020.0.21 and MariaDB 3.0.6. Further details on this release may be found in the release notes.

Spring Boot 2.6.10 has been released featuring bug fixes, improvements in documentation and dependency upgrades such as: Spring Framework 5.3.22, Spring Data 2021.1.6, Jetty Reactive HTTPClient 1.1.12, Hibernate 5.6.10.Final, Micrometer 1.8.8, Netty 4.1.79.Final and Reactor 2020.0.21. More details on this release may be found in the release notes.

On the road to Spring Boot 3.0, the fourth milestone release has been made available to provide support for: the new Java Client in Elasticsearch; Flyway 9; and Hibernate 6.1. Further details on this release may be found in the release notes.

Spring Security 5.8.0-M1 and 6.0.0-M6 have been released featuring: a new setDeferredContext() method in the SecurityContextHolder class to support lazy access to a SecurityContext lookup; support for the SecurityContextHolderStrategy interface to eliminate race conditions when there are multiple application contexts; support for the AuthorizationManager interface to delay a lookup up of the Authentication (such as Supplier<Authentication>) vs a direct Authentication lookup; and provide an alternative for MD5 hashing in the Remember-Me token. There were numerous breaking changes in version 6.0.0-M6. More details on these releases may be found in the release notes for version 5.8.0-M1 and version 6.0.0-M6.

Spring for GraphQL 1.0.1 has been released featuring: improved handling when a source/parent is expected and is null; support for resolving exceptions from a GraphQL subscription; and a new default limit on the DEFAULT_AUTO_GROW_COLLECTION_LIMIT field within the DataBinder class. This version also ships with Spring Boot 2.7.2 and a dependency upgrade to GraphQL Java 18.2. Further details on this release may be found in the release notes.

Liberica JDK

Also concurrent with Oracle's Critical Patch Update (CPU) for July 2022, BellSoft has released CPU patches for versions 17.0.3.1.1, 11.0.15.1.1 and 8u341 of Liberica JDK, their downstream distribution of OpenJDK. In addition, Patch Set Update (PSU) versions 18.0.2, 17.0.4, 11.0.16 and 8u342, containing CPU and non-critical fixes, have also been released.

Quarkus

Quarkus 2.10.3.Final has been released to address CVE-2022-2466, a vulnerability discovered in the SmallRye GraphQL server extension in which server requests were not properly terminated. This vulnerability only affects the 2.10.x release train. Developers are encouraged to upgrade to this latest release. More details on this release may be found in the release notes.

Grails Framework

The Micronaut Foundation has identified a remote code execution vulnerability in the Grails Framework that has been documented as CVE-2022-35912. This allows an attacker to "remotely execute malicious code within a Grails application runtime by issuing a specially crafted web request that grants the attacker access to the class loader."

This attack exploits a portion of data binding capability within Grails. Versions 5.2.1, 5.1.9, 4.1.1 and 3.3.15 have been patched to protect against this vulnerability.

JobRunr

Ronald Dehuysser, founder and primary developer of JobRunr, a utility to perform background processing in Java, has released version 5.1.6 with support for Micrometer Metrics that now exposes recurring jobs and number of background job servers.

JReleaser

An early-access release of JReleaser, a Java utility that streamlines creating project releases, has been made available featuring a fix to an issue in Gradle where a property wasn't properly checked before accessing it.

Apache Tomcat

The Apache Software Foundation has provided milestone and point releases for Apache Tomcat.

Tomcat 9.0.65 available features: a fix for CVE-2022-34305, a low severity XSS vulnerability in the Form authentication example; support for repeatable builds; and an update of the packaged version of the Tomcat Native Library to 1.2.35 that includes Windows binaries built with OpenSSL 1.1.1q. Further details on this release may be found in the changelog.

Apache Tomcat 10.1.0-M17 (beta) available features: an update of the packaged version of the Tomcat Native Library to 2.0.1 that includes Windows binaries built with OpenSSL 3.0.5; support for repeatable builds; and an update of the experimental Panama modules with support for OpenSSL 3.0+. Apache Tomcat 10.1.0-M17 is an alpha milestone release to provide developers with early access to the new features in Apache Tomcat 10.1 release train. More details on this release may be found in the changelog.

TornadoVM

TornadoVM, an open-source software technology company, has announced that developers may still install TornadoVM on the Apple M1 architecture despite Apple having deprecated OpenCL.

JBCNConf

JBCNConf 2022 was held at the International Barcelona Convention Center in Barcelona, Spain, this past week featuring many speakers from the Java community who presented talks and workshops.

Editor's Note

This news story has been updated to include the definition of the acronym PSU (Patch Set Update) in the Liberica JDK section.

Tue, 02 Aug 2022 02:20:00 -0500 en text/html https://www.infoq.com/news/2022/07/java-news-roundup-jul18-2022/
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