Economic Indicators14 hours ago (May 29, 2020 04:35PM ET) 2/2 (C) Reuters. U.S. President Trump holds news conference on China at the White House in Washington 2/2 WASHINGTON (Reuters) – U.S. President Donald Trump said on Friday he was directing his administration to begin the process of eliminating special treatment […]
Chile jobless rate hits 9% during pandemic, highest in decade
Economic Indicators16 hours ago (May 29, 2020 02:05PM ET) (C) Reuters. By Dave Sherwood SANTIAGO (Reuters) – Chile’s unemployment rate hit 9% between February and April, the government said on Friday, holding its highest level in a decade as lockdown measures battered the South American nation’s ailing economy.=eci> The trade, […]
Coronavirus depresses U.S. consumer spending in April
Economic Indicators8 hours ago (May 29, 2020 09:35AM ET) (C) Reuters. FILE PHOTO: The spread of the coronavirus disease (COVID-19) in New York WASHINGTON (Reuters) – U.S. consumer spending suffered another month of record decline in April as the COVID-19 pandemic undercut demand, buttressing expectations that the economy could contract […]
India’s economy slows in March quarter, with worse to come
Economic Indicators8 hours ago (May 29, 2020 09:20AM ET) (C) Reuters. FILE PHOTO: Outbreak of coronavirus disease (COVID-19) in Agra By Manoj Kumar NEW DELHI (Reuters) – India’s economy grew at its slowest pace in at least eight years in the January-March quarter as the coronavirus pandemic weakened already sluggish […]
U.S. Merchandise Trade Fell in April to Lowest Level in a Decade
Forex8 hours ago (May 29, 2020 09:00AM ET) © Bloomberg. Trucks wait in line to enter the Port of Oakland in Oakland, California, U.S., on Thursday, March 19, 2020. The spread of the coronavirus pandemic is scrambling supply chains in everything from crude oil to copper and foodstuffs, with many […]
Trump, Twitter, and the Failed Politics of Appeasement
Trump himself gets a pass when it comes to moderation because what a president says is newsworthy. That’s a defendable stance, but as he increasingly violates standards and norms, his posts have become a firehose of toxicity. In 2017, Dorsey told me, “I think it’s really important that we maintain […]
‘Oumuamua Might Be a Giant Interstellar Hydrogen Iceberg
Ever since ‘Oumuamua was discovered in 2017, the first interstellar object detected in our solar system has been a source of endless intrigue for astronomers. The giant hunk of space rock has an unusual cigar shape, is tumbling end over end, and isn’t easily classified as a comet or an […]
Everyone’s Ordering Delivery, but Apps Aren’t Making Money
When Luke Edwards opened OH Pizza & Brew in 2014, the Columbus, Ohio, restaurateur thought delivery apps could help his business. His chicken wings and specialty pizzas–the most popular an appropriately named “Bypass,” topped with pepperoni, sausage, ham, salami, bacon, and extra cheese–needed an audience. And he says working with […]
Covid-19 Testing Is Expensive. It Doesn’t Have to Be
In early March, Manu Prakash, a professor of bioengineering at Stanford University, returned from the south of France, where he’d been visiting collaborators at a marine station. He went straight to his bedroom and into quarantine–which was a good thing, because he promptly came down with the symptoms of Covid-19. […]
Walmart Employees Are Out to Show Its Anti-Shoplifting AI Doesn’t Work
In January, my coworker received a peculiar email. The message, which she forwarded to me, was from a handful of corporate Walmart employees calling themselves the “Concerned Home Office Associates.” (Walmart’s headquarters in Bentonville, Arkansas is often referred to as the Home Office.) While it’s not unusual for journalists to […]