Energy: California bans gas generators
Beginning in 2028, California will ban the sale of gas fueled electric generators, and ban sale of gas appliances starting in 2030.
Finance: Assumable mortgages are back
Finally! A story writer adds accurate context: Assumable mortgages were popular in the 1980s“For the last 40 years, rates have been falling, so nobody cared about assumability,” said Tod Tozer,…
Climate: Only the wealthy should own cars
Singapore does this – you need to obtain a Certificate of Entitlement (good for ten years), which is a license to buy a small car – and the US$76,000 license…
Crime: Astounding allegations of fraud surrounding FTX crypto exchange
The FTX crypto exchange is alleged to have involved billions of dollars in fraudulent spending of customer's investment money on self dealing by executives.
Immigration: 18% of US workers are foreign born
The % of the U.S. population that is foreign born is approaching 1 in 5 adults, but within some work fields, it is far higher.
Demographics: Is immigration the solution?
With a low fertility rate, economists seek more immigration as a solution - but are there enough immigrants to meet everyone's needs?
Business: “Made in America”
Not the first to do this, but here’s an uplifting story on manufacturing: The hidden beauty inside American factories (cnn.com)
Climate: Much travel to go “extinct” within 15 years, require “Carbon passports”
Travel as we know it could be on the brink of extinction by 2040, warns report | The Independent Within 15 years “experts” warn, many destinations will be too hot…
Software: Microsoft acquires Activision
Microsoft’s acquisition of Activision has closed, after passing regulatory approvals. Microsoft closes Activision Blizzard deal after regulatory review (cnbc.com)
Climate: Germany to restart coal electrical generation plants
Germany has shut down it’s 17 nuclear plants – and is now turning its old coal-fired plants back online – because … climate or something. Bloomberg Energy on X: “Germany…