Archive for the 'Economy' Category

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Google Collecting Complete Health Histories on Millions of Americans

November 11th, 2019

Unbelievable. Via: Wall Street Journal: Google is engaged with one of the U.S.’s largest health-care systems on a project to collect and crunch the detailed personal-health information of millions of people across 21 states. The initiative, code-named “Project Nightingale,” appears to be the biggest effort yet by a Silicon Valley giant to gain a toehold […]

Los Angeles: ‘Capsule Living’

November 11th, 2019

PodShare getting you down? Try capsule living! Via: AFP: Kay Wilson packed up her life in a hurry and moved to Los Angeles… only to find that what she paid in Pennsylvania for a nice studio apartment would only get her a 2.9-square-meter box in California. Her new home is a capsule, inspired by the […]

For Millions Of Americans In The Middle Of The Country, It Feels Like An Economic Depression Right Now

November 11th, 2019

Via: The Economic Collapse Blog: What do you do when you have lost all hope that things will ever turn around? It may still feel like “the economy is booming” for those at the top end of the economic food chain in big coastal cities such as New York and San Francisco, but for millions […]

Iran Discovers New Oil Field with Over 50 Billion Barrels

November 11th, 2019

Via: AP – Miami Herald: Iran has discovered a new oil field in the country’s south with over 50 billion barrels of crude, its president said Sunday, a find that could boost the country’s proven reserves by a third as it struggles to sell energy abroad over U.S. sanctions. The announcement by Hassan Rouhani comes […]

Inside Amazon’s Plan for Alexa to Run Your Entire Life

November 11th, 2019

Comedy Gold on Cryptogon this morning. Via: MIT Technology Review: The creator of the famous voice assistant dreams of a world where Alexa is everywhere, anticipating your every need. … The crux of the plan is for the voice assistant to move from passive to proactive interactions. Rather than wait for and respond to requests, […]

Fleeing Californians Face Increasing Hostility in Idaho

November 11th, 2019

Via: Los Angeles Times: California bashing is a cyclical sport with a long history in the heart of Idaho’s Treasure Valley. Growth spurts have more than doubled Boise’s population since the 1980 census. Four months before federal counters hit the streets here that year, a Washington Post headline crowed, “To Most Idahoans, A Plague of […]

Richest 1% of Americans Close to Surpassing Wealth of Middle Class

November 10th, 2019

Via: Bloomberg: The U.S.’s historic economic expansion has so enriched one-percenters they now hold almost as much wealth as the middle- and upper-middle classes combined. The top 1% of American households have enjoyed huge returns in the stock market in the past decade, to the point that they now control more than half of the […]

Blackouts, Fires, High Gas Prices: Who Wants to Live in California Today?

November 8th, 2019

Via: Wall Street Journal: One crisis rolls into another in parts of Golden State; ‘If I wasn’t as old as I am, I would pack up and get the hell out’

Google Wants More Pentagon Work

November 7th, 2019

Via: DefenseOne: The company’s senior vice president for global affairs said Tuesday that the search giant has Pentagon contracts to work on cybersecurity, business automation, and deepfake detection — and is looking for more. “It’s been frustrating,” said Google’s Kent Walker, referring to rising public perceptions that the company is opposed to doing national security […]

Escalating Millennial Health Problems Raise Economic Concerns

November 7th, 2019

Via: Newsmax: More millennials in the U.S. are suffering from chronic health problems, potentially restraining the lifetime economic potential of a generation of young adults. A spike in conditions like depression, hypertension and high cholesterol among younger people could increase health-care costs and lower incomes in coming years, according to a report Wednesday from the […]

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