Akayla Gardner of Bloomberg –
They’ve heard it all before. Set a budget. Avoid high-interest debt. And, oh yes, it sure is smart to get that 401(k) match from your employer.
But for a new generation of Black financial enthusiasts, that’s just not going to cut it.
Katie Bo Williams and Zachary Cohen of CNN –
The fallout from the Covid-19 pandemic is poised to fracture societies worldwide, increase instability across the globe and reshape political and economic realities for years to come, the US intelligence community warned in a stark report laying out the top security concerns facing the country.”
The economic fallout from the pandemic is likely to create or worsen instability in at least a few—and perhaps many—countries, as people grow more desperate in the face of interlocking pressures that include sustained economic downturns, job losses, and disrupted supply chains,” the report warns.
That dire economic picture boosts the risk of internal conflicts, surges in cross-border migration and even the collapse of national governments, officials warned.
Wall Street will be focused on Coinbase with the digital currency exchange becoming a publicly traded company. Coinbase is making its initial public offering of stock with cryptocurrency chatter seemingly everywhere, even at the U.S. Federal Reserve. It is being incorporated into the business plans and accepted by major corporations like Tesla, PayPal and Visa.
“The Coinbase IPO is potentially a watershed event for the crypto industry and will be something the Street will be laser focused on to gauge investor appetite,'” Wedbush analyst Daniel Ives wrote this week.
There were 43 million verified Coinbase users in 2020, with 2.8 million making transactions monthly. Its revenue more than doubled to $1.14 billion last year and the company swung to a profit of $322.3 million after losing tens of millions in 2019.
Kevin D. Williamson in National Review –
A question that obsesses Republican circles: What happens to Trumpism after Trump?
Maybe J. D. Vance has an answer.
Vance, the Marine Corps veteran and venture capitalist who wrote Hillbilly Elegy, is expected to soon announce his candidacy for a U.S. Senate seat from Ohio. He is generally associated with what we must call – for lack of a better term – the Trumpier tendency in Republican politics: a self-described nationalist who believes that government and civic institutions have failed many Americans outside of the urban elite, and is skeptical of the globalization he believes has resulted in “an American economy built on consumption, reliant for production on regimes either indifferent or actively hostile to our national interest.”
Michael Greshko of National Geograph –
In a landmark experiment, scientists have found fresh evidence that a subatomic particle is disobeying one of science’s most watertight theories, the Standard Model of particle physics. The gap between the model’s predictions and the particle’s newly measured behavior hints that the universe may contain unseen particles and forces beyond our current grasp.
researchers with Fermilab in Batavia, Illinois, announced the first results of the Muon g-2 experiment, which since 2018 has measured a particle called the muon, a heavier sibling of the electron that was discovered in the 1930s.
Like electrons, muons have a negative electric charge and a quantum property called spin, which causes the particles to act like tiny, wobbling tops when placed in a magnetic field. The stronger the magnetic field, the faster a muon wobbles.
