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June 6, 2023

From Drone Strikes to Ground Incursions, War Comes to Russia

Viktor Bondarenko, a Russian art collector, was jolted awake by the sound of explosions over his upscale Moscow suburb on May 30. Russian air defenses were blasting away at Ukrainian drones. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

The Wall Street Journal

June 6, 2023

Venture-Capital Firm Sequoia to Separate China Business as Political Tensions Rise

Venture-capital powerhouse Sequoia will separate its China and other Asia operations from its U.S. business, as it navigates an increasingly complex geopolitical landscape and escalating tensions between Beijing and Washington. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved.

The Wall Street Journal

June 6, 2023

Austin Housing Market Crash Rings Real Estate Alarm Bells

The housing market in the city of Austin, Texas, has become the focus of widespread concerns after home prices have dropped faster than anywhere else in the country, including the troubled San Francisco.

June 3, 2023

Meet the man who may succeed Putin

As America kicks off its 2024 presidential campaign, Russia will soon follow suit with a vote for its top leader scheduled for March of next year.

June 3, 2023

Get Ready for the Full-Employment Recession

The Wall Street Journal

May 30, 2023

Office Owners Dump Lesser Buildings for Whatever They Can Get

The Wall Street Journal

May 30, 2023

China’s youth unemployment hits a record high, deepening its economic scars

As youth unemployment in China rises to a record high, college graduates are caught in a perfect storm — with some forced to take on low-paying jobs or settle for jobs below their skill levels. Official data shows urban unemployment among 16- to 24-year-olds in China hit a record 20.

May 29, 2023

Financial Times

Gain a global perspective on the US and go beyond with curated news and analysis from 600 journalists in 50+ countries covering politics, business, innovation, trends and more.

May 28, 2023

A new wave of mass migration has begun

Last year 1.2m people moved to Britain—almost certainly the most ever. Net migration (ie, immigrants minus emigrants) to Australia is currently twice the rate before the covid-19 pandemic. Spain’s equivalent figure recently hit an all-time high. Nearly 1.

May 25, 2023

Weakening German Economy Slips Into a Recession

Germany’s economic output in the first three months of the year shrank 0.3 percent from the previous quarter, the country’s statistics office said Thursday, tipping the economy into a recession.

May 17, 2023

Move over, U.S. dollar. China wants to make the yuan the global currency.

Economic crises and Western sanctions against Russia are helping China realize its goal of turning the yuan into an international currency for trade deals.

May 17, 2023

UBS flags $17 billion hit from Credit Suisse takeover

UBS Group AG expects a financial hit of about $17 billion from the takeover of Credit Suisse Group AG, the bank said in a regulatory presentation as it prepares to complete the rescue of its struggling Swiss rival.

May 16, 2023

A lot of offices are still empty — and it's becoming a major risk for the economy

The next big potential risk to the U.S. economy may be lurking in corporate towers across the country's downtown districts. With many people still working from home, companies are cutting back on so much office space that it threatens to unleash even more headwinds for the U.S. economy.

May 15, 2023

Newsweek

Outrage as Security Forcibly Removes Maskless Dad From School Board Meeting 1 hour ago bookmark_border share

May 13, 2023

A Credit Crunch Is Coming | Opinion

Every three months, the Federal Reserve issues the Senior Loan Officer Opinion Survey on Bank Lending Practices, known in markets as the SLOOS report.

May 12, 2023

Weekly US jobless claims highest since 2021, but companies avoid risk of being caught short-handed

The number of Americans filing for unemployment benefits last week rose to its highest level in a year-and-a-half, though jobs remain plentiful by historical standards even as companies cut costs as the economy slows.

May 12, 2023

Changing continent: The EU's population is declining, new figures reveal

The European Union population decreased by more than half a million compared to 2020, according to the latest demographic statistics published by Eurostat. The EU's population on 1 January 2022, was 446.7 million - a slight decrease compared to the same day in 2021.

May 7, 2023

Why Pope Francis Isn’t With the West on Ukraine

His unusual stance on the war shows just how fast his Church is changing.

May 2, 2023

The Counteroffensive

The future of the democratic world will be determined by whether the Ukrainian military can break a stalemate with Russia and drive the country backwards—perhaps even out of Crimea for good.

May 2, 2023

One in 5 young people in Chinese cities are out of work. Beijing wants them to work in the fields

As the jobless rate among China’s youth soars, the country’s richest province has offered a highly controversial solution: Send 300,000 unemployed young people to the countryside for two to three years to find work.

May 1, 2023

Fed Set to Raise Interest Rates to 16-Year High and Debate a Pause

Federal Reserve officials are on track to increase interest rates again at their meeting this week while deliberating whether that will be enough to then pause the fastest rate-raising cycle in 40 years. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved.

The Wall Street Journal

May 1, 2023

Japan's Shrinking Population Faces Point of No Return

Familiar alarm bells sounded in Japan this month as year-end population figures and new projections combined to paint an uncertain future for Asia's No. 2 economy. Japan's total population stood at 124.

April 30, 2023

Why Banks Keep Failing

Three previously solid, medium-size banks suddenly faced annihilation. The blame lies with the system itself.

April 28, 2023

US consumer spending flattens; core inflation still hot

WASHINGTON, April 28 (Reuters) - U.S. consumer spending was unchanged in March as an increase in outlays on services was offset by a decline in goods, but persistent strength in underlying inflation pressures could see the Federal Reserve raising interest rates again next week.

April 27, 2023

GDP Report Shows Economic Growth Slowed in First Quarter

U.S. economic growth slipped in the first quarter amid still-high inflation and rising interest rates, adding to worries about a possible recession later this year. U.S.

The Wall Street Journal

April 27, 2023

Europe Moves Toward Cutting a Last Source of Russian Energy

Europe is taking steps to turn off one of the last significant supplies of Russian fossil fuels, seaborne shipments of liquefied natural gas. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

The Wall Street Journal

April 23, 2023

US Bank Deposits Fall $76.2 Billion, Led by Large Institutions

US bank deposits fell last week, indicating the financial system remains fragile after a string of bank failures. Deposits decreased by $76.2 billion in the week ended April 12, according to seasonally adjusted data from the Federal Reserve out Friday.

April 15, 2023

German foreign minister warns of ‘horror scenario’ in Taiwan strait

Germany’s foreign minister has described a military conflict in the Taiwan strait as a “horror scenario” that would directly affect her own country, striking a different tone to the French president, Emmanuel Macron, who recently faced criticism for saying Europe must not get involved in US di

April 13, 2023

Supplier Prices Fell in March, Adding to Signs of Moderating Inflation

U.S. supplier prices fell in March by the most in nearly three years, the latest evidence that inflation is moderating. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

The Wall Street Journal

April 12, 2023

Houston Apartment Owner Loses 3,200 Units to Foreclosure as Multifamily Feels the Heat

An apartment-building investor lost four Houston complexes to foreclosure last week, the latest sign that surging interest rates are beginning to upend the multitrillion-dollar rental-housing market. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

The Wall Street Journal

April 12, 2023

China 'ready to fight' after 3 days of large-scale military drills around Taiwan

TAIPEI, Taiwan -- China's military declared it's "ready to fight" after wrapping up three days of combat drills simulating a blockade to "seal off" Taiwan.

April 12, 2023

California Economy Is on Edge After Tech Layoffs and Studio Cutbacks

California has often been at the country’s economic forefront. Now, as fears of a national recession continue to nag, the state is hoping not to lead the way there.

April 6, 2023

With Russia’s Exit, Norway Becomes Europe’s Energy Champion

The new front line for Europe’s energy security is a modest office building overlooking a fjord in Stavanger, Norway. Inside, a company called Petoro oversees three dozen of the largest oil and natural gas fields in Europe, on Norway’s petroleum-rich continental shelf.

April 6, 2023

Jobless claims come in higher than expected ahead of March jobs report

close video Wall Street is forecasting a 'hard landing' for US economy: Kenny Polcari Hodges Capital Management founder Craig Hodges and SlateStone Wealth chief market strategist Kenny Polcari discuss how markets will respond to Fed Chair Jerome Powell testifying before congress on 'The Claman Coun

April 6, 2023

Layoffs are up nearly fivefold so far this year with tech companies leading the way

Companies announced nearly 90,000 layoffs in March, a sharp step up from the previous month and a giant acceleration from a year ago, outplacement firm Challenger, Gray & Christmas reported Thursday. Planned layoffs totaled 89,703 for the period, an increase of 15% from February.

April 4, 2023

Inflation Crisis Pulls European Countries Into a Food Fight

Tax cuts, price caps, tougher scrutiny. Europe’s battle with the worst cost-of-living crisis in a generation is far from over, and food is the latest focal point. Even as headline inflation starts to ease, the upward pressure on food prices remains firmly in place.

April 3, 2023

To stop the next bank crisis, the Fed needs to fix itself

This wasn’t just a “textbook case of mismanagement.” The watchdogs also failed, especially the Federal Reserve.

April 2, 2023

Saudi-Led Oil Producers to Lower Output Further

The output cut adds to a reduction of 2 million barrels a day agreed to in October by the Saudi-led Organization of the Petroleum Exporting Countries and a group of other producers led by Russia.

The Wall Street Journal

March 31, 2023

Trump could be arrested - key questions answered

Donald Trump claims he will be arrested on Tuesday on charges stemming from an investigation into a $130,000 payment to porn star Stormy Daniels in 2016.If he is, he would be the first former president to face criminal charges. Here are some key questions on the issues at play in this case.

March 31, 2023

California to Require Half of All Heavy Trucks Sold by 2035 to Be Electric

WASHINGTON — The Biden administration on Friday granted California the legal authority to require that half of all garbage trucks, tractor-trailers, cement mixers and other heavy vehicles sold in the state must be all-electric by 2035, an aggressive plan designed to clean up the worst polluters on

March 28, 2023

China’s Cities Are Buried in Debt, but They Keep Shoveling It On

In 2015, when Shangqiu, a municipality in central China, laid out a plan for the next two decades, it positioned itself as a transportation hub with a sprawling network of railways, highways and river shipping routes.

March 28, 2023

U.S. renewable electricity surpassed coal in 2022

Electricity generated from renewables surpassed coal in the United States for the first time in 2022, the U.S. Energy Information Administration announced Monday. Renewables also surpassed nuclear generation in 2022 after first doing so last year.

March 27, 2023

China’s Economic Recovery Faces Risks From Global Trade Slump

China’s economic recovery was mixed in March with business confidence and the housing market improving but the global outlook darkening amid heightened financial market turmoil.

March 27, 2023

What are the Israeli protests about and what happens next?

Among a raft of far-reaching proposals from Israeli Prime Minister Benjamin Netanyahu’s new government are plans to allow a simple majority of 61 in the 120-seat Knesset to override almost any supreme court rulings, and to allow politicians to appoint most of the justices to the bench.

March 26, 2023

ANTAKYA, Turkey/JANDARIS, Syria, Feb 12 (Reuters) - Rescuers pulled a survivor from earthquake rubble on Sunday, six days after one of the worst natural disasters to hit parts of Syria and Turkey, as the death toll exceeded 28,000 and looked set to rise further.

February 9, 2023

Prosecutors: Putin played active role in shooting down flight MH17 | DW News

In an update today, prosecutors said they had quote 'strong indications' that Putin offered missiles to pro-Russian rebels, but said they did not have evidence that he ordered the attack. The plane was shot down by a Russian anti-aircraft missile over eastern Ukraine, killing all passengers on board

February 9, 2023

What Recession? Some Economists See Chances of a Growth Rebound.

Many economists and investors had a clear narrative coming into 2023: The Federal Reserve had spent months pushing borrowing costs rapidly higher in a bid to tame inflation, and those moves were expected to slow growth and the labor market so much that the economy would be at risk of plunging into a

February 7, 2023

Russia ready to meet India's oil needs at 'market price', Rosneft says

BENGALURU, India, Feb 6 (Reuters) - Russia was willing to meet India's oil needs at 'market price', the CEO of top Russian oil major told Reuters on Monday.

February 5, 2023

Banks Borrow Unsecured Cash at Record Clip While Deposits Flee

Banks were chasing away deposits during the depths of the pandemic. Now, some are paying higher rates to shore up cash. Borrowing in the federal-funds market hit $120 billion on Jan. 27, the highest one-day total in Federal Reserve data going back to 2016.

The Wall Street Journal

February 3, 2023

Pace of U.S. Hiring Surges Unexpectedly

The American labor market unleashed a burst of hiring in January, producing another wave of robust job growth even as interest rates continue to rise. Employers added 517,000 jobs on a seasonally adjusted basis, the Labor Department said on Friday, an increase from 260,000 in December.

February 2, 2023

Fed Chair Powell: Given our outlook, I don't see us cutting rates this year

Fed Chair Jerome Powell answers questions from reporters after the central bank announced it was raising interest rates another 25 basis points.

February 2, 2023

Intel slashes employee, exec pay amid PC market downturn

Jan 31 (Reuters) - Intel Corp (INTC.O) said on Tuesday that it had made broad cuts to employee and executive pay, a week after the company issued a lower-than-expected sales forecast driven by a loss of market share to rivals and a PC market downturn.

January 27, 2023

Ukrainian Commanders on Front Lines Look to Western Tanks for Breakthrough

TORSKE, Ukraine—Late last year, a Ukrainian counteroffensive stalled here in the country’s northeast as Russia reinforced its troops with thousands of newly mobilized recruits and paramilitary fighters.

The Wall Street Journal

January 24, 2023

Gas prices fall, inflation eases. Can the eurozone escape a recession?

It was the writing ominously scratched on the wall: the eurozone was heading for a deep and calamitous recession, blamed on Russia's war in Ukraine, a devastating energy crisis and soaring inflation.

January 23, 2023

Economists Say the Fed Is Making Another Inflation Mistake. Here’s Why.

Economists, investors and CEOs say the Federal Reserve is needlessly driving the country into what could be a painful recession. WSJ’s Dion Rabouin explains what they’re seeing and why they’re sounding the alarm. Illustration: David Fang

The Wall Street Journal

January 23, 2023

U.S. lawmakers preparing plan to avert debt-ceiling crisis

WASHINGTON, Jan 22 (Reuters) - A bipartisan group of U.S. lawmakers is preparing a plan to defuse a looming crisis over the nation's debt ceiling by changing it from a fixed dollar amount a percentage of national economic output, the group's top Republican said on Sunday.

January 20, 2023

Global Property Market Faces $175 Billion Debt Spiral

Almost $175 billion of real estate credit is already distressed, according to data compiled by Bloomberg — about four times more than the next biggest industry.

January 20, 2023

US Producer Price Index Declines by Most Since Start of Pandemic

US producer prices dropped in December by the most since the start of the pandemic, extending a months-long pullback in inflationary pressures and giving the Federal Reserve room to slow the pace of interest-rate hikes. The producer price index for final demand fell 0.

January 20, 2023

U.S. government touches debt limit

WASHINGTON, Jan 19 (Reuters) - The U.S. government was due to hit its $31.4 trillion borrowing limit on Thursday, amid a standoff between the Republican-controlled House of Representatives and President Joe Biden's Democrats that could lead to a fiscal crisis in a few months.

January 20, 2023

Ukraine: European countries to donate more heavy weapons

More countries have answered President Volodymyr Zelensky's call to send further arms to Ukraine. Several European nations promised new military aid packages following a meeting on Thursday at Tapa Army Base in Estonia.

January 19, 2023

Evergrande Chairman, Once Worth $42 Billion, Loses 93% of Wealth

Hui Ka Yan has lost wealth and influence, including no longer being part of the Chinese People’s Political Consultative Conference. These days, the China Evergrande Group chairman’s fortune is considerably diminished.

January 16, 2023

Bank of Japan could announce major policy shift this week as bond yields top limit again

Japan's central bank is due to meet this week amid soaring government bond yields and a strong yen, with a number of economists expecting it to scrap its yield curve control policy.

January 11, 2023

World Bank Cuts 2023 Global Growth Projection as Inflation Persists

WASHINGTON—The World Bank sharply lowered its growth forecast for the global economy this year as persistently high inflation has elevated the risk for a worldwide recession. The bank expects global growth to slow to 1.7% in 2023, down from an estimate of 3% growth in June.

The Wall Street Journal

January 9, 2023

ECB sees 'very strong' wage growth ahead in next few quarters

FRANKFURT, Jan 9 (Reuters) - Wage growth across the euro zone is expected to be "very strong" over the next few quarters but real wages are still likely to decline given rapid inflation, a European Central Bank Economic Bulletin article argued on Monday.

January 9, 2023

Inside Salesforce's week from hell: Angry employees describe chaos, confusion and 'tone deaf' leaders as they fight for their jobs

On Thursday some 47,000 Salesforce employees nervously waited for their CEO Marc Benioff to join them for a virtual all-hands meeting scheduled for 10 a.m. pacific. He was 18 minutes late.

January 4, 2023

A Housing Market Hangover

At the beginning of the pandemic, office workers were liberated from their commutes but found themselves stuck at home and hungering for space. Many Americans went on a home buying frenzy, fueled by cheap debt and an insatiable urge to move.

January 2, 2023

'Big Short' investor Michael Burry predicts a US recession in 2023 and another inflation spike

The US economy is poised to suffer a recession in 2023 as well as another inflation spike, Michael Burry has said. The investor of "The Big Short" fame, known for his dire but often accurate predictions, issued the gloomy forecast in a tweet posted Sunday.

January 1, 2023

Fed reverse repo facility hits record $2.554 trillion

NEW YORK, Dec 30 (Reuters) - A key facility the Federal Reserve uses to help control short-term interest rates saw record inflows on Friday, the final trading day of the year. The New York Fed said that its reverse repo facility took in $2.

December 31, 2022

Financial Times

Gain a global perspective on the US and go beyond with curated news and analysis from 600 journalists in 50+ countries covering politics, business, innovation, trends and more.

December 30, 2022

New Fed research flags rising risk of U.S. recession

NEW YORK, Dec 30 (Reuters) - Just over half of the 50 U.S. states are exhibiting signs of slowing economic activity, breaching a key threshold that often signals a recession is in the offing, new research from the St. Louis Federal Reserve Bank report said.

December 30, 2022

The Arsenal of Democracy Is Back in Business

The United States nearly doubled the number and price tag of approved arms sales to NATO allies in 2022 compared with 2021, as alliance members scramble to stock up on high-end weapons in the wake of Russia’s war in Ukraine. In 2021, the U.S.

December 30, 2022

Americans still haven't felt the worst of the war on inflation, meaning 2023 will be 'survival of the fittest'

When you adjust the faucet in your shower, there's often a lag of several seconds before the water temperature changes and you can feel the effects. That's the "unfortunate situation" the nation's central bank is finding itself in right now, former Treasury Secretary Larry Summers said in February.

December 29, 2022

Zelenskyy, BlackRock CEO Fink agree to coordinate Ukraine investment

Ukrainian President Volodymyr Zelenskyy and BlackRock CEO Larry Fink agreed to coordinate investment in rebuilding Ukraine, Kyiv announced on Wednesday following a meeting between the two men.

December 29, 2022

Financial Times

Journalists in 50+ countries follow the constant flow of money made and lost in oil & gas while tracking emerging trends and opportunities in the future of energy. Don’t miss our exclusive newsletter, Energy Source.

December 27, 2022

As the war in Ukraine rages, Eastern Europe is growing stronger

As 2022 is coming to a close, the war in Ukraine rages unabated. Russian President Vladimir Putin sees what he still calls a “special military operation” as a life-or-death contest with the United States and its allies in NATO.

December 27, 2022

Fed's preferred inflation indicator rises slightly more than expected at 4.7%

CNBC's Rick Santelli joins 'Squawk Box' to break down the latest personal consumption expenditures price index data.

YouTube

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Business News

June 6, 2023

SEC Says Binance Misused Customer Funds, Ran Illegal Crypto Exchange in U.S.

WASHINGTON—The Securities and Exchange Commission on Monday sued Binance, the world’s largest cryptocurrency exchange, alleging the overseas company operated an illegal trading platform in the U.S. and misused customers’ funds. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved.

The Wall Street Journal

June 4, 2023

State Farm no longer provides home insurance in California

California’s two-decade-long mega-drought combined with massive wildfires and record flooding has caused one of the largest insurance companies in the U.S. to make a drastic decision. State Farm will no longer provide coverage to new homeowners in the state. As Jennifer Johnson reports, expert

May 26, 2023

ChatGPT-maker warns it might leave EU over planned AI law

The boss of the company behind ChatGPT has said it might consider leaving the EU if it fails to comply with a planned law on artificial intelligence (AI). The EU's planned legislation could be the first to specifically regulate AI.

May 22, 2023

Ford says it will stop competing in over-served markets, won’t be all things to all people

DEARBORN, Mich. (AP) — Ford CEO Jim Farley says the company will stop competing in over-served market segments and instead will place big bets on connected vehicles and digital services.

May 22, 2023

Meta Fined $1.3 Billion for Violating E.U. Data Privacy Rules

Meta on Monday was fined a record 1.2 billion euros ($1.3 billion) and ordered to stop transferring data collected from Facebook users in Europe to the United States, in a major ruling against the social media company for violating European Union data protection rules.

May 22, 2023

Patient21, a digital healthcare startup with brick-and-mortar clinics, raises $108M to grow beyond Germany

Patient21, a four-year-old German startup that combines a digital healthcare platform with real-world brick-and-mortar clinics, has raised €100 million ($108 million) in a Series C round of funding led by Israeli VC firm Pitango, constituting a mix of equity and debt.

May 13, 2023

Europe set for two new gigafactories as it lures battery makers

STOCKHOLM/BERLIN, May 12 (Reuters) - Two electric vehicle battery makers plan to spend around 10 billion euros ($11 billion) on factories in Europe, they said on Friday, a big win in the region's subsidy race with the U.S.

May 13, 2023

Amazon Overhauls Delivery Network to Dispatch Packages Faster, More Cheaply

Amazon.com has upended its vast logistics network to reduce how far packages travel across the U.S. in an effort to get products to customers faster and improve profitability.

The Wall Street Journal

May 12, 2023

U.S. aims to turn middle-American cities into new tech hubs with $500 million investment

The U.S. government is seeking to turn metro areas in middle America into the next hot spots of tech innovation with an initial $500 million investment.

May 9, 2023

mHub opens much bigger facility to kick Chicago startups into high gear

When mHub opened its doors in Chicago seven years ago, the vision was to create a traditional incubator for people making things. It would involve a prototyping lab, offices, shared workspaces, meeting rooms and classrooms.

May 9, 2023

NEW YORK -- A report says McDonald’s has closed its U.S. offices for a few days as the company prepares to inform employees about layoffs. The Wall Street Journal cited an internal email from the Chicago-based fast-food giant saying U.S.

March 31, 2023

Fed: Deposits at commercial banks fell by $132 billion

CNBC's Steve Liesman joins 'Closing Bell Overtime' with breaking news about large and small bank deposit outflow numbers and the rush of movement into money market funds.

March 28, 2023

Less than a year after breaking ground on its first battery cell plant in Salzgitter, Germany, the Volkswagen Group gave the starting signal for construction of its second PowerCo cell factory in the Spanish region of Valencia.

March 17, 2023

Germans oppose EU combustion engine ban, survey shows

Two-thirds of Germans are against a proposed EU sales ban on cars with combustion engines, according to a new survey. Berlin has recently blocked an EU vote on the ban. Germany has recently blocked an EU vote to ban the sale of new vehicles with combustion engines across the bloc from 2035.

March 17, 2023

VW beats Tesla to the punch and unveils an affordable electric vehicle

Volkswagen unveiled its affordable, mass-market electric vehicle in the form of a concept called the ID. 2all.

March 14, 2023

US government moves to stop potential banking crisis

NEW YORK (AP) — The U.S. government took extraordinary steps Sunday to stop a potential banking crisis after the historic failure of Silicon Valley Bank, assuring all depositors at the failed institution that they could access all their money quickly, even as another major bank was shut down.

March 9, 2023

Humane, a secretive AI startup founded by ex-Apple employees, raises another $100M

Humane’s work is shrouded in mystery.

March 8, 2023

Uber is coming for Instacart

Uber has rolled out updates to its Shop and Pay feature that address three of the most commonly raised courier issues: out of stock items, digital payments and order clarity before accepting a trip.

March 8, 2023

Fintech darling Stripe has first-world problems

LONDON, March 2 (Reuters Breakingviews) - When a startup raises cash at a lower valuation than before, it’s usually a bad sign. When it’s a fintech darling previously valued at $95 billion, the whole industry takes notice.

February 27, 2023

Lab Leak Most Likely Origin of Covid-19 Pandemic, Energy Department Now Says

WASHINGTON—The U.S. Energy Department has concluded that the Covid pandemic most likely arose from a laboratory leak, according to a classified intelligence report recently provided to the White House and key members of Congress.

The Wall Street Journal

February 23, 2023

Amazon Closes $3.9B Deal for Health Company One Medical

Amazon said Wednesday that it had completed its $3.9 billion acquisition of health care provider One Medical after the US Federal Trade Commission indicated it wouldn't challenge the merger.

February 23, 2023

EV Startups Have a New Bottleneck: Demand

Last year American electric-vehicle startups were tripped up by production challenges. This year the problem could be demand. Late on Wednesday, Lucid Group kicked off the reporting season for the various U.S. EV ventures that went public during the pandemic. It wasn’t pretty.

The Wall Street Journal

February 22, 2023

Lithium Stocks Crashed. Now We Know Why. What It Means for Tesla, EV Battery Stocks.

Lithium stocks cratered on Friday. Then, the reason was a mystery. Now, investors know why: The world’s largest electric-vehicle battery maker, Contemporary Amperex Technology , or CATL, changed its pricing strategy. The move by CATL (300750.

February 22, 2023

ChatGPT launches boom in AI-written e-books on Amazon

SAN FRANCISCO, Feb 21 (Reuters) - Until recently, Brett Schickler never imagined he could be a published author, though he had dreamed about it. But after learning about the ChatGPT artificial intelligence program, Schickler figured an opportunity had landed in his lap.

February 17, 2023

How Google Ran Out of Ideas

The company thinks it’s an innovator. In fact, it’s an imitator—and not the best one, either. Microsoft is making a desperate play.

February 17, 2023

America's millionaires aren't leaving the US to avoid taxes — they're trying to find the American Dream somewhere else, report says

America is losing its millionaires. The net inflow of high-net-worth individuals to the US plummeted 86% in 2022 from peak pre-pandemic levels, falling to just 1,500 people, according to a new wealth report by London-based consultancy Henley & Partners.

February 15, 2023

6 charts show that tech giants like Meta and Google have still grown like crazy even after layoffs

Big tech companies have laid off thousands of employees over the last few months, as a slowdown in tech spending forces them to rethink their priorities and costs.

February 14, 2023

Ford Invests $3.5 Billion in Michigan Battery Plant With Chinese Partner’s Technology

Ford Motor Co. is investing $3.5 billion to build a battery plant in Michigan with help from China’s Contemporary Amperex Technology Co. Ltd., a win for the auto maker’s home state, which has seen many recent automotive projects head elsewhere.

The Wall Street Journal

February 14, 2023

EU Lawmakers Vote to Ban Sale of New Gasoline-Powered Cars From 2035

In setting a date to wind down sales of new passenger vehicles using internal combustion engines, the EU’s move will likely further fuel a global shift that is already having a huge impact on investment and product development by car manufacturers and their suppliers. Already a member? Sign In

The Wall Street Journal

February 14, 2023

Meta's chief business officer will leave the company after 13 years

Meta's Chief Business Officer Marne Levine is stepping down after 13 years with the company, Meta announced in a release Monday. Levine will stay in the role until Feb. 21, and she will remain an employee at Meta until she officially departs in the summer, according to the release.

February 12, 2023

A.I.'s dirty secret

Meet the hidden human workforce behind the boom in artificial intelligence Download the app Out of sight, out of mindThe human behind the curtainThe myth of efficiency

February 12, 2023

From shipping container to table: Adapt brings urban mushroom farms to US

Canadian vertical farming startup Adapt AgTech is partnering with Reef Technology to bring its mushroom-growing shipping containers to major cities across the United States, starting with Austin.

February 12, 2023

Google is losing control

Google is flailing. After years of singleminded worship of the false god Virtual Assistant, the company is rushing its AI strategy as its competitors join their hands and raise their pitchforks. The irony is it’s all happening because Google thought it had the pitchfork market cornered.

February 9, 2023

GM signs exclusive deal for US semiconductor production

General Motors has signed an agreement with tech manufacturer GlobalFoundries to make semiconductors for GM’s various electronics suppliers. The electronic components will be made in GlobalFoundries facilities in upstate New York.

February 9, 2023

Disney+ reports its first subscriber loss of 2.4M subscribers, plans to lay off 7K employees

Disney’s first quarter with CEO Bob Iger back in command isn’t looking so good. Disney announced its Q1 2023 earnings today, reporting a total of 161.8 million Disney+ global subscribers, a decrease of 2.4 million subs from 164.2 million in the previous quarter.

February 8, 2023

Disney to cut 7,000 jobs as it slashes costs and reorganizes

The move marks the most significant action Bob Iger has taken since returning to the company as CEO in November. Disney announced the changes minutes after it posted its most recent quarterly earnings.

February 7, 2023

Getty Images sues AI art generator Stable Diffusion in the US for copyright infringement

Getty Images has filed a lawsuit in the US against Stability AI, creators of open-source AI art generator Stable Diffusion, escalating its legal battle against the firm.

February 5, 2023

There’s a wild theory that the price of Bitcoin is being propped up—and the academic who proved manipulation in 2017 suspects it may be happening again

As Griffin and Amin Shams, then a doctoral candidate at McCombs who’s joined Griffin in several gumshoe investigations, screened for misdeeds in 2017, they were fascinated to see that a little-known token that’s supposed to be backed one-for-one to the dollar was getting printed in large quantit

February 2, 2023

Dubai Free Zone Now Home to More Than 500 Crypto Startups In Dubai, a dedicated hub for local crypto entrepreneurs attracted twice as many digital asset startups last year than in 2021 by /

January 10, 2023

Coinbase to slash 20% of workforce in second major round of job cuts

Coinbase is cutting about a fifth of its workforce as it looks to preserve cash during the crypto market downturn. The exchange plans to cut 950 jobs, according to a blog post published Tuesday morning.

January 6, 2023

Twitter hacked, 200 million user email addresses leaked, researcher says

LONDON, Jan 5 (Reuters) - Hackers stole the email addresses of more than 200 million Twitter users and posted them on an online hacking forum, a security researcher said Wednesday.

January 6, 2023

Bed Bath & Beyond Prepares to File for Bankruptcy Within Weeks

Bed Bath & Beyond Inc. is preparing to file for bankruptcy within weeks after the home-goods retailer came up short on sales during the critical holiday season, according to people with knowledge of the matter.

The Wall Street Journal

January 4, 2023

How 6 venture capitalists are thinking about 2023 — and their advice to startups

Venture capitalists are in the business of bets, writing checks to the people and ideas they believe are going to impact the world. As part of an annual GeekWire tradition, we asked six investors to come up with predictions for 2023.

January 4, 2023

The Most-Anticipated Downturn Ever

Today we look at the outlook for the US and global economies, this week’s wave of economic data and a new study about the dollar from the Federal Reserve.

January 4, 2023

Microsoft now has its first official union in the U.S.

At ZeniMax, a Microsoft-owned gaming studio, 300 quality assurance (QA) testers have voted to unionize. This marks Microsoft’s first official union in the U.S., as well as the biggest gaming union in the country.

January 3, 2023

Startups spring from ashes of Big Tech purge

Jan 3 (Reuters) - Nic Szerman lost his job at Meta Platforms (META.O) in November, just two months after joining full-time, falling victim to a sweeping 13% reduction of its workforce as the advertising market cratered.

January 2, 2023

India set an ‘incredibly important precedent’ by banning TikTok, FCC Commissioner says

India set an “incredibly important precedent” by banning TikTok two and a half years ago, FCC Commissioner said, as he projected a similar fate for the Chinese giant Bytedance app in the U.S. Carr’s remarks further illustrates a growing push among U.S.

December 31, 2022

A former exec from Stripe and Uber is 'OK to give up 100x growth' to build a new business that will last

Vidit Agrawal of Indonesian startup GajiGesa says crazy growth is nice. But staying power is better.

December 29, 2022

9 tech companies that have ditched San Francisco offices in 2022 are a warning sign for cities to rethink their reliance on big firms

The tech exodus from San Francisco should be a warning to other cities that rely on tech companies to fill downtown office space. San Francisco's once bustling downtown has become a ghost town as companies have left their offices.

December 27, 2022

Manhattan’s trendiest neighborhoods terrorized by thieves, NYPD stats show

Manhattan’s trendiest tourist-packed neighborhoods have become increasingly terrorized by brazen thieves who are leaving shop workers stymied and scared.

December 27, 2022

China is losing its place as the center of the world's supply chains. Here are 5 places supply chains are going instead.

Global manufacturing powerhouse China's rise as the world's factory spanned over four decades and ushered in an era of globalization and integrated supply chains. But that facade started to crumble around 2018, after former President Donald Trump launched a trade war against the East Asian giant.

December 27, 2022

The Economy’s Fundamental Problem Has Changed

For years, Americans couldn’t afford to buy things. Now there aren’t enough things to buy. I would not have thought anything of it, save for the fact that I’ve had similar experiences over and over again of late.

December 27, 2022

Hackers stole encrypted LastPass password vaults, and we’re just now hearing about it

LastPass has a doozy of an updated announcement about a recent data breach: the company — which promises to keep all your passwords in one, secure place — is now saying that hackers were able to “copy a backup of customer vault data,” meaning they theoretically now have access to all those p

December 27, 2022

Google's management has reportedly issued a 'code red' amid the rising popularity of the ChatGPT AI

Google's management has issued a "code red" amid the launch of ChatGPT — a buzzy conversational-artificial-intelligence chatbot created by OpenAI — as it's sparked concerns over the future of Google's search engine, The New York Times reported Wednesday.

December 27, 2022

Financial Times

Gain a global perspective on the US and go beyond with curated news and analysis from 600 journalists in 50+ countries covering politics, business, innovation, trends and more.

December 27, 2022

Financial Times

Expert insights, analysis and smart data help you cut through the noise to spot trends, risks and opportunities. Join over 300,000 Finance professionals who already subscribe to the FT.

December 20, 2022

U.S. Congress to advance $1.7 trillion govt funding bill

Dec 20 (Reuters) - Negotiators in the U.S. Congress unveiled a $1.7 trillion government funding bill on Monday, as lawmakers scrambled to pass the measure, which includes record military spending, before temporary funding runs out at the week's end.

December 18, 2022

Military Spending Surges, Creating New Boom for Arms Makers

WASHINGTON — The prospect of growing military threats from both China and Russia is driving bipartisan support for a surge in Pentagon spending, setting up another potential boom for weapons makers that is likely to extend beyond the war in Ukraine.

December 17, 2022

Cybercrime Statistics In The US, Visualized

Cybercrime can be a lucrative business; in the US, the average cybercriminal pockets a whopping $14,048 per scam. But the number of cybercriminals and victims, and the amount of money they steal, varies widely from state to state.

December 17, 2022

‘Unexpected item’: how self-checkouts failed to live up to their promise

When the first self-checkout kiosks were rolled out in American stores more than three decades ago, they were presented as technology that could help stores cut costs, save customers time, and even prevent theft.

December 13, 2022

Financial Times

Gain a global perspective on the US and go beyond with curated news and analysis from 600 journalists in 50+ countries covering politics, business, innovation, trends and more.

December 12, 2022

Europe wants more people to take the train

At the end of a branch railway line that winds through wooded valleys in central France, a single carriage pulls into the little town of Ussel. The station has scarcely changed since it was built in 1880. Passengers still step over the rails to cross to the platform opposite.

December 12, 2022

Investors eye Portuguese golden visas as authorities ponder programme's end

LISBON, Dec 11 (Reuters) - Investments through Portugal's "golden visa", which gives wealthy foreigners residence rights, jumped nearly 50% last month, data showed on Sunday, as the government considers whether to scrap the controversial scheme.

December 12, 2022

Apple CEO Tim Cook spoke at an event in Arizona on Tuesday, ahead of remarks expected by President Biden later in the day, where Cook confirmed Apple will buy chips built in the U.S. Cook said Apple would buy processors made in a new Arizona factory, according to a video from the event.

December 7, 2022

TSMC to spend $40 billion for two Arizona semiconductor plants

Taiwan Semiconductor Manufacturing Company, or TSMC, has announced plans to build a second chip plant in Arizona. CNBC's Kristina Partsinevelos joins 'Squawk Box' with the details. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC T

December 5, 2022

Manufacturing orders from China down 40% in unrelenting demand collapse

U.S. logistic managers are bracing for delays in the delivery of goods from China in early January as a result of canceled sailings of container ships and rollovers of exports by ocean carriers.

December 3, 2022

IRS warns Americans about $600 threshold to report Venmo, Cash App payments

The Internal Revenue Service issued a reminder this week for taxpayers to prepare to report transactions of at least $600 that are received through payment apps like Venmo, PayPal and Cash App.

December 2, 2022

Startup valuations are declining — but not consistently

While this year’s stock market decline was swift, it was also widespread, with very few companies escaping the downturn. But current market conditions haven’t caused the same uniform trajectory for startups.

November 29, 2022

EU to Unveil Packaging Rules for Nespresso Pods, Plastic Bags

The European Union will set out measures this week to clean up the packaging industry, from coffee pods to single-use plastic bottles, in an effort to reduce waste.

November 26, 2022

Atoa helps UK merchants cut down on card processing fees

Visa and Mastercard payments are convenient for customers, but can cost merchants high processing fees. Atoa Payments wants to provide a cheaper alternative that is still easy for customers to use. The London-based fintech announced today that it has raised $2.2 million in pre-seed funding.

TechCrunch

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Tech News

June 3, 2023

Bard AI: 3 Settings to Change & 3 Prompts to Try

Here are 3 settings you might want to change in Google's Bard AI to protect your data and privacy along with 3 prompts to try which include Google's new image search for productivity. Read the CNET Article for more info: Google Bard Integrates Images Into Responses, AI Images Coming Soon https://c

June 3, 2023

An MQ-28 Ghost Bat unmanned aerial system sits in a hanger alongside an MQ-25 Stingray at a Boeing facility in St. Louis on May 25, 2023. (Michael Marrow / Breaking Defense) MASCOUTAH, Ill.

May 26, 2023

Elon Musk was left furious after Ron DeSantis' Twitter Spaces campaign launch saw his own app crash repeatedly

After a Twitter Spaces campaign launch spoiled by delays and technical glitches, Ron DeSantis' team bragged that it "broke the internet" due to his popularity. But behind the scenes, Elon Musk was left furious over the problems his platform faced on Wednesday, Platformer first reported.

May 23, 2023

Tape Storage Trundles On, Increases Yearly Volume to 128 Exabytes

"Tape storage is dead" is one of those prophecies that has never seemed to actualize itself: demand for slow yet cost-effective and reliable storage solutions hasn't gone the way of the dodo.

May 23, 2023

Adobe Photoshop’s new “Generative Fill” AI tool lets you manipulate photos with text

On Tuesday, Adobe added a new tool to its Photoshop beta called "Generative Fill," which uses cloud-based image synthesis to fill selected areas of an image with new AI-generated content based on a text description.

May 23, 2023

How Did Hyundai Get So Cool?

Hyundai Motor was dreaming up an answer to Tesla when the company’s top executive sent its lead designer a photo of a bizarre-looking car that last rolled off assembly lines more than 70 years ago. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

The Wall Street Journal

May 23, 2023

Meta ordered to suspend Facebook EU data flows as it’s hit with €1.2BN privacy fine

It’s finally happened: Meta, the company formerly known as Facebook, has been hit with a formal suspension order requiring it to stop exporting European Union user data to the US for processing. The European Data Protection Board (EDPB) confirmed today that Meta has been fined €1.

May 22, 2023

ChatGPT Is Already Obsolete

The next generation of AI is leaving behind the viral chatbot. Last week, at Google’s annual conference dedicated to new products and technologies, the company announced a change to its premier AI product: The Bard chatbot, like OpenAI’s GPT-4, will soon be able to describe images.

May 17, 2023

StableStudio is Stability AI’s latest commitment to open-source AI

Stability AI is releasing an open-source version of DreamStudio, a commercial interface for the company’s AI image generator model, Stable Diffusion.

May 15, 2023

Something has changed at Amazon Web Services (AWS) with regard to its formerly fraught relationship with open source.

April 24, 2023

Shopify adds direct bill payments in bid to be a single-stop fintech for merchants

It’s another step in Shopify’s plan to straddle the intersection of fintech and commerce, noted Shruti Patel, global head of merchant services partnerships and monetization at Shopify.

April 23, 2023

AMD is quietly arming an entire new wave of Steam Deck competitors

You’ve obviously heard of the Steam Deck, and perhaps Asus drew your attention to the upcoming ROG Ally with its not-an-April-Fools’-joke.

April 22, 2023

EU lawmakers eye tiered approach to regulating generative AI

EU lawmakers in the European parliament are closing in on how to tackle generative AI as they work to fix their negotiating position so that the next stage of legislative talks can kick off in the coming months.

April 18, 2023

This PCIe card houses 21 M.2 SSDs for up to 168 terabytes of blazing-fast storage

Forward-looking: The first commercial SSDs had capacities measuring in the gigabytes and speeds of around 50 megabytes per second. Today, companies like Sabrent and Apex Storage are developing drives that can store well over 100 terabytes of data and can work at the very limits of PCIe 4.

April 12, 2023

Ford to spend $1.3B to transform Canada factory into EV manufacturing hub

Ford said Tuesday it will spend $1.34 billion (C$1.8B) to turn its 70-year-old Oakville facility in Canada into an assembly plant for its next-generation of electric vehicles. The campus, which first opened in 1953, will be renamed Oakville Electric Vehicle Complex.

April 12, 2023

Developer creates “self-healing” programs that fix themselves thanks to AI

Debugging a faulty program can be frustrating, so why not let AI do it for you? That's what a developer that goes by "BioBootloader" did by creating Wolverine, a program that can give Python programs "regenerative healing abilities," reports Hackaday. (Yep, just like the Marvel superhero.)

April 9, 2023

Ampere's New 128-Core Arm Workstation Runs Windows

Ampere has quietly launched its Altra developers kit aimed at software creators for cloud data centers.

April 4, 2023

Western Digital says hackers stole data in ‘network security’ breach

Data storage giant Western Digital has confirmed that hackers exfiltrated data from its systems during a “network security incident” last week.

April 3, 2023

Intel Arc A750 LE Graphics Card Review: A Sub-$300 Speed Champ

Intel came very (very) late to the party with its desktop graphics cards, so it's not surprising that they feel like a bit of a work in progress compared to veterans like Nvidia and AMD.

April 3, 2023

Saudi Arabia Is Investing $38 Billion to Become a Video-Game Hub

As part of its strategy to diversify its economy away from oil, Saudi Arabia, through its Public Investment Fund, wants to become a big player in the $184 billion global gaming market.

April 3, 2023

The Home Assistant SkyConnect is a great excuse to demolish your smart home and start from scratch

My smart home has been a mess for a while. Before writing this, it was a combination of a Hue hub and HomeKit, the former of which I was not terribly fond of having, and the latter I tolerate.

March 31, 2023

Twitter takes its algorithm ‘open-source,’ as Elon Musk promised

Twitter has released the code that chooses which tweets show up on your timeline to GitHub and has put out a blog post explaining the decision. It breaks down what the algorithm looks at when determining which tweets to feature in the For You timeline and how it ranks and filters them.

March 30, 2023

Google Assistant might be doomed: Division “reorganizes” to focus on Bard

Is the Google Assistant doomed? The evidence is starting to pile up that the division is going down the tubes. The latest is news from CNBC's Jennifer Elias that says the Google Assistant division has been "reshuffled" to "heavily prioritize" Bard over the Google Assistant.

March 28, 2023

Chattanooga promotes quantum network training with new programs at UTC, Chattanooga State

Chattanooga's Gig City is seeking to take a quantum leap into the next generation of computer and communication technologies with a new education initiative to capitalize on EPB's new fiber-based Quantum network.

March 28, 2023

RESEARCH TRIANGLE PARK – If “Terminator” were written today, why not put the artificial mind in the “cloud” where there’s no single point of failure, let along a “bare metal” host site subject to discovery and destruction? Such a Skynet creation could possibly survive damage unless

February 8, 2023

Tesla’s ‘Master Plan 3’ is coming March 1st, Elon Musk says

Elon Musk will present his third “Master Plan” during Tesla’s Investor Day event on March 1st, the CEO announced on Twitter last night. The plan will outline “the path to a fully sustainable energy future for Earth,” he said, adding that “the future is bright!”

February 8, 2023

Google Unveils AI Search Features After Early Bard Rollout

PARIS—Google said it is rolling out new search and maps features powered by artificial intelligence, including ways to ask questions with images, the latest salvo in a global race to commercialize the technology.

The Wall Street Journal

February 8, 2023

Microsoft’s ChatGPT-powered Bing is open for everyone to try starting today

Microsoft’s new ChatGPT-powered Bing experience will be available today for everybody as a “limited preview” on desktop. You’ll have a limited number of queries that you can use with it, but you will be able to sign up for full access soon.

February 7, 2023

Google announces Bard A.I. in response to ChatGPT

Google on Monday announced an artificial intelligence chatbot technology called Bard that the company will begin rolling out in the coming weeks. The announcement confirms CNBC's prior reporting. Bard will compete directly with rival ChatGPT, an AI service created by OpenAI.

February 7, 2023

The firm's kits, which start at $500 for a 98-watt-hour battery version and run up to $800 for a 180Wh battery, sold out this fall. The easy-to-install kits offer a way for consumers to join the e-bike boom with minimal disruption, cost or carbon footprint.

January 1, 2023

There’s now an open source alternative to ChatGPT, but good luck running it

The first open source equivalent of OpenAI’s ChatGPT has arrived, but good luck running it on your laptop — or at all.

December 31, 2022

Luminar Neo’s Extensions Bring Incredible New Features For Photographers At Every Level

Skylum Software has added several powerful extensions to the already impressive Luminar Neo application including Upscale AI, Focus Stacking, HDR Merge, Noiseless, and Supersharp AI, bringing the currently available total for the application to seven.

December 30, 2022

Google Releases Open-Source Vulnerability Scanning Tool

Google has released OSV-Scanner, an open-source front-end interface to the Open Source Vulnerability (OSV) database. The OSV database is a distributed, open-source database that stores vulnerability information in the OSV format.

December 27, 2022

TSMC celebrates 3nm chip production starting in Taiwan ahead of M2 Pro and Max

After TSMC and Apple CEO Tim Cook introduced its upcoming chip plant earlier this month in Arizona, mass production of 3nm silicon is kicking off in Taiwan with a celebration. Interestingly, a ceremony like this is unusual for TSMC, here’s why…

December 27, 2022

Google has everything it needs to counter ChatGPT – here’s what it’s already shown off

ChatGPT’s ability to respond to questions in a conversational and direct manner has led some to proclaim that AI chat will kill the traditional search engine. Google is seriously responding to this, and – from what it’s already shown off – should be more than able to compete.

December 18, 2022

Amazon helped rescue the Ukrainian government and economy using suitcase-sized hard drives brought in over the Polish border : 'You can't take out the cloud with a cruise missile'

Since being invaded by Russia in February, Amazon has become an unlikely hero to the Ukrainian people, donating medical supplies, food, toys, and a $75 million investment in developing cloud-based backups of essential government data, according to a statement by the company.

December 18, 2022

RazerStore Los Angeles | Grand Opening

RazerStore Los Angeles is officially open! Thanks to everyone who came out for the grand opening celebration. If you’re in the area, be sure to swing by to get your hands on the latest products: https://rzr.to/rs-la SUBSCRIBE and get hooked up with exclusive content, codes, and giveaways. http://

December 17, 2022

Try ‘Riffusion,’ an AI model that composes music by visualizing it

AI-generated music is already an innovative enough concept, but Riffusion takes it to another level with a clever, weird approach that produces weird and compelling music using not audio but images of audio. Sounds strange, is strange. But if it works, it works. And it does work! Kind of.

The Wall Street Journal

June 1, 2023

Global fertility has collapsed, with profound economic consequences

In the roughly 250 years since the Industrial Revolution the world’s population, like its wealth, has exploded. Before the end of this century, however, the number of people on the planet could shrink for the first time since the Black Death.

May 30, 2023

Americans Are Saving Money by Retiring Overseas

Many Americans dream of retiring overseas, and more are packing their bags. Whether seeking adventure, self-reinvention, or just a lower cost of living, international retirees face a unique set of money and life challenges. And paperwork.

The Wall Street Journal

May 28, 2023

When A Brain That Works Differently Becomes A Superpower In The Workplace

No, autism is not a ‘gift’. For most, it is an endless fight against schools, workplaces, and bullies. But, under the right circumstances, given the right adjustments, it CAN be a superpower. – Greta Thunberg, Environmental Activist

May 17, 2023

Young Americans Are Dying at Alarming Rates, Reversing Years of Progress

Car accidents, homicides, suicides and drug overdoses have pushed up death rates for children and teens in the U.S.For decades, advances in healthcare and safety steadily drove down death rates among American children.

The Wall Street Journal

May 15, 2023

Want to know why America is losing its edge? Look around campus.

If we keep telling Americans kids not to go to college, America will lose its economic and military edge.

May 13, 2023

Why Some Companies Are Saying ‘Diversity and Belonging’ Instead of ‘Diversity and Inclusion’

Woodward is a 153-year-old aerospace company that required its male employees to wear bow ties into the 1990s. So Paul Benson, the company’s chief human resources officer, knew that creating a companywide diversity, equity and inclusion program would require a seismic shift.

May 13, 2023

Ben Franklin Would Have Loved Bluesky

Facebook and Twitter seem less relevant by the day. They may be replaced by new “federated” platforms. We have entered the chaos era of social media in America.

May 13, 2023

US food pesticides contaminated with toxic ‘forever chemicals’ testing finds

Some of the United States’ most widely used food pesticides are contaminated with “potentially dangerous” levels of toxic PFAS “forever chemicals”, new testing of the products finds.

April 28, 2023

ChatGPT experience may be able to get you that job. More than 90% of potential employers are looking for workers who use the chatbot.

ChatGPT experience can help you land your next job, according to a recent study from ResumeBuilder. Researchers at the job site surveyed 1,187 business leaders — CEOs, executives, owners, and partners, the majority of which are currently hiring — to understand what they think of the AI chatbot.

April 25, 2023

Don Lemon and Tucker Carlson are hiring the same powerhouse lawyer — who's helped TV hosts secure multi-million dollar payouts from their old networks

Fox News host Tucker Carlson and CNN anchor Don Lemon both left their networks on Monday and have just hired the same powerhouse lawyer to handle their departures, according to multiple reports. Neither host has announced a lawsuit or dispute against their employers.

April 23, 2023

The Surprising Surge of Faith Among Young People

About one-third of 18-to-25-year-olds say they believe—more than doubt—the existence of a higher power, up from about one-quarter in 2021, according to a recent survey of young adults.

The Wall Street Journal

March 31, 2023

The Influencer Industry Is Having an Existential Crisis

People who make their living by sharing content on giant social-media platforms have tried to strike, organize, and even unionize, but they don’t have much to show for it. Close to 5 million people follow Influencers in the Wild.

March 27, 2023

12 things men with outstanding character refuse to do

We like to say that men of outstanding character are hard to find… but are they? Chances are that the problem simply lies in that you simply don’t know what to look for.

March 24, 2023

It’s often thought that social intelligence comes to people naturally. You’re either born with it or you don’t have it.

January 24, 2023

Six Minutes of Intense Exercise Boosts a Crucial Molecule in Your Brain

Six minutes of high-intensity exercise is enough to produce a key protein in the brain, one that's important in brain formation, function, and memory, and which has been implicated in the progress of neurodegenerative disorders such as Alzheimer's disease.

January 23, 2023

There is a photo of my dad I can’t stop staring at. In it, he’s about the same age that I am right now. I’m not sure if the memory of him in it or the photo itself came first, but they are linked forever, especially now that he’s gone.

December 27, 2022

Nearly 20 years ago, my wife Hannah, an expert knitter, taught our 5-year-old son Abe the basics of knitting. When I returned home from work one day, Abe excitedly met me at the door and insisted I sit with him while he taught me his new skill.

December 12, 2022

I'm a Doctor and Wish Everyone Knew This About Pancreatic Cancer Signs

Thanks to screenings that can help detect cancer early and advances in medicine, cancer has become more treatable and the survival rate has increased for several types of cancer.

December 12, 2022

Summary: Increasing consumption of food and drinks high in antioxidant flavonols helps slow memory and cognitive decline, a new study reports.

November 27, 2022

Employers Rethink Need for College Degrees in Tight Labor Market

The tight labor market is prompting more employers to eliminate one of the biggest requirements for many higher-paying jobs: the need for a college degree. Companies such as Alphabet Inc.’s Google, Delta Air Lines Inc. and International Business Machines Corp.

The Wall Street Journal

November 23, 2022

Expert Proposes a Method For Telling if We All Live in a Computer Program

Physicists have long struggled to explain why the Universe started out with conditions suitable for life to evolve. Why do the physical laws and constants take the very specific values that allow stars, planets, and ultimately life to develop?

November 15, 2022

A New Formula for Happiness

The happiness we seek can require investing earlier than we think—and may help us align our expectations and reality at the end of life. We often follow a misguided formula for happiness—pushing us toward material wealth and other worldly successes.

November 13, 2022

Covid Depression Is Real. Here’s What You Need to Know.

The risk of developing symptoms of depression remains high up to a year after you’ve recovered. The World Health Organization noted this year that anxiety and depression increased by 25 percent across the globe in just the first year of the Covid-19 pandemic.

November 12, 2022

Two weeks of vacation is not sufficient, said President William Howard Taft in 1910. How much did the president think Americans should have? Two to three months — that’s what is needed for people to protect their “health and constitution.”

September 24, 2022

As psychiatry, which uses medical and biological methods to treat mental disorders, has largely overtaken psychotherapy, which relies on non-biological approaches such as conversation and counselling, psychotherapists have sought alternative challenges.

July 19, 2022

Political correctness can lead to cognitive exhaustion, according to new research

Political correctness in the workplace is a prominent and controversial topic in the United States. But surprisingly little research has examined the consequences of engaging in self-censorship to avoid marginalizing or offending others.

July 10, 2022

‘Disturbing’: weedkiller ingredient tied to cancer found in 80% of US urine samples

More than 80% of urine samples drawn from children and adults in a US health study contained a weedkilling chemical linked to cancer, a finding scientists have called “disturbing” and “concerning”.

June 30, 2022

Research Sheds Light on Mechanism by Which Long-Term Anti-Anxiety Drug Use Affects the Brain

Summary: Study reveals a possible mechanism by which anxiolytic medications act on the brain, leading to cognitive impairment.

June 23, 2022

People Hurt Other People to Signal Their Own Goodness

Summary: People who intentionally hurt others because they believe they are morally right or justified, do not respond rationally to material benefits, a new study reports.

June 23, 2022

Summary: Musical training influences visual working memory, researchers discovered. The study found regions of the brain may share a common component that influences both visual and musical working memory.

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A new wave of mass migration has begun

Weakening German Economy Slips Into a Recession

Move over, U.S. dollar. China wants to make the yuan the global currency.

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The Counteroffensive

One in 5 young people in Chinese cities are out of work. Beijing wants them to work in the fields

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Why Banks Keep Failing

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Europe Moves Toward Cutting a Last Source of Russian Energy

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German foreign minister warns of ‘horror scenario’ in Taiwan strait

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Houston Apartment Owner Loses 3,200 Units to Foreclosure as Multifamily Feels the Heat

China 'ready to fight' after 3 days of large-scale military drills around Taiwan

California Economy Is on Edge After Tech Layoffs and Studio Cutbacks

With Russia’s Exit, Norway Becomes Europe’s Energy Champion

Jobless claims come in higher than expected ahead of March jobs report

Layoffs are up nearly fivefold so far this year with tech companies leading the way

Inflation Crisis Pulls European Countries Into a Food Fight

To stop the next bank crisis, the Fed needs to fix itself

Saudi-Led Oil Producers to Lower Output Further

Trump could be arrested - key questions answered

California to Require Half of All Heavy Trucks Sold by 2035 to Be Electric

China’s Cities Are Buried in Debt, but They Keep Shoveling It On

U.S. renewable electricity surpassed coal in 2022

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What are the Israeli protests about and what happens next?

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How Bank Oversight Failed: The Economy Changed, Regulators Didn’t

Top US general says Iran could produce a nuke within 'several' months

Why Latin America Keeps Talking About a Common Currency

Finnish president signs NATO legislation

UK inflation rate unexpectedly rises to 10.4% in February

UK inflation rate breaks 3-month stretch of declines with surprise rise to 10.4%

US Previously Owned Home Prices Fall for First Time Since 2012

Home sales spike 14.5% in February as the median price drops for the first time in over a decade

Two major banks in Europe look to regulators for reassurance

ECB sets rate hike template as Fed opens liquidity tap

The bank crisis has raised the odds of a recession in the next year to 35%, according to Goldman Sachs

Goldman Raises US Recession Probability to 35% on Banking Stress

SVB Financial files for Ch. 11 bankruptcy protection, says it has $2.2B in liquidity

Banks Borrow $164.8 Billion From Fed in Rush to Backstop Liquidity

U.S. Inflation Cooled in February as Fed Confronts Bank Failures

Jobs report shows strong 311,000 gain in February and keeps pressure on Fed to raise interest rates

The Dirty Little Secret of Credit Card Rewards Programs

Federal Reserve officials sound warnings about higher rates

Mortgage demand from homebuyers drops to a 28-year low

The small European nation of Switzerland beat sky-high inflation. Here's how

Retired Air Force Colonel Lays Out 'Affordable' Plan to Get Ukraine F-16s

Biden Visits Kyiv, Ukraine’s Embattled Capital, as Air-Raid Siren Sounds

Why does the South have such ugly credit scores?

Survivors ever fewer in earthquake rubble of Turkey and Syria

Prosecutors: Putin played active role in shooting down flight MH17 | DW News

What Recession? Some Economists See Chances of a Growth Rebound.

Russia ready to meet India's oil needs at 'market price', Rosneft says

Banks Borrow Unsecured Cash at Record Clip While Deposits Flee

Pace of U.S. Hiring Surges Unexpectedly

Fed Chair Powell: Given our outlook, I don't see us cutting rates this year

Intel slashes employee, exec pay amid PC market downturn

Ukrainian Commanders on Front Lines Look to Western Tanks for Breakthrough

Gas prices fall, inflation eases. Can the eurozone escape a recession?