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…
Demographics: Jackson MS proposes closing 16 schools
More school closures due to the fertility rate collapse.
Economy: Inflation as low as long as you don’t buy stuff that is rising in price
If you remove all the things that are rising in price, inflation is low, says expert.
Economy: Boomers saved too much for retirement but … a silver lining
"Boomers" over saved for retirement and now have resources to spend, which may help keep the economy humming as we near recession territory.