A Ukrainian walks by the turret of a Russian tank next to a destroyed petrol station northeast of Kyiv on May 2, 2022. SERGEI SUPINSKY/AFP via Getty Images Military analysts have found their pre-war predictions about Russian military performance were wildly off. It’s worth examining the lessons of that failure to apply them to similar…
Monthly Archives: July 2022
Stripe cut its internal valuation by 28%—falling from $40 billion last year to about $29 billion. The company’s valuation drop highlights economic uncertainty and investors’ fears of a recession within the next year. Insider Intelligence publishes hundreds of insights, charts, and forecasts on the Payments & Commerce industry. Learn more about becoming a client. The…
Podcaster Joe Rogan escalated his beef with former President Donald Trump on a recent episode AP Photo/Gregory Payan, File Joe Rogan is stepping up his beef with former President Donald Trump. Rogan called Trump a “man baby” and “existential threat to democracy” in a recent episode. “He’s a fucking toddler. He’s a toddler, that’s exactly…
House Homeland Security Committee Chair Benny Thompson (D-MS). Jonathan Ernst/Reuters The chairman of the House committee investigating the January 6, 2021 insurrection, announced he has COVID-19. Rep. Bennie Thompson said in a statement that he is isolating and experiencing “mild symptoms. He told the committee to proceed with Thursday’s primetime hearing, according to CNN’s Manu…
Spencer Platt/Getty Images Several Wall Street economists are optimistic the US can dodge a recession in 2022. While inflation hit a fresh 41-year high in June, experts see signs that price growth will soon cool. Others expect 2023 to pose a greater recession risk as the Fed continues to raise interest rates. Skyrocketing prices and…
Core inflation is still rising which negating the view that inflationary pressures will ease, according to Oppenheimer. AP It’s premature to say inflation is near a peak and pressure will ease on the Federal Reserve, Peter Oppenheimer said. The Goldman Sachs strategist contrasted the inflation rate with the “lived reality” of rising prices. But he…
Ellie Dressler. Ellie Dressler, 20, works as a cart girl serving drinks at a golf course. She’s grown her TikTok audience to over 35,000 followers by sharing her job experience online. This is her story, as told to writer Fortesa Latifi. This as-told-to essay is based on a conversation with Ellie Dressler, a 20-year-old “cart girl”…
Passengers read information at King’s Cross railway station where trains are canceled due to the heat in London, Tuesday, July 19, 2022. AP Photo/Kirsty Wigglesworth Temperatures in the UK on Tuesday shattered records, reaching a high of 104.36 degrees Fahrenheit. The extreme heat can cause railway tracks to buckle in the scorching temperatures. Britain’s Network Rail…
Amazon’s long-running campaign against fake reviews just enjoyed some success. TechCrunchreports that Amazon has sued the administrators of more than 10,000 Facebook groups for attempting to coordinate fake reviews in exchange for free products or money. The group operators tried to recruit people in the US, UK, four European countries and Japan. One of the…
The Atari brand recently turned 50 and the latest way that its current owner, Atari Interactive, is marking the occasion is with a Lego kit for its most popular console. The Atari 2600 set will be available on August 1st and it costs $240/€240. The Atari 2600 debuted in 1977 as the Atari Video Computer…