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-------------------------
The top stories being read around the world right now!
From the Editor's Desk
Charted: The U.S. National Debt Reaches $35 Trillion
Since January, the U.S. debt pile has expanded by $1 trillion alone,
moving the debt-to-GDP ratio to 98%. By 2032, the International
Monetary Fund projects that this ratio could surpass 140% under
current policies. Despite the looming threat to U.S. fiscal
sustainability, neither Republican or Democratic parties show
political incentive to address the rapid pace of borrowing.
As a result, the cost of servicing government debt is surging. In
2024, interest costs on the national debt are forecast to reach 17% of
federal spending, making it the fastest growing expense overall. These
interest costs are expected to escalate further as higher interest
rates drive up the cost of new borrowing.
Continued here
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Work
Workplace Loneliness Is an Epidemic. Here's How to Change That -
Inc.com (No paywall) [[link removed]}&lead=419599&emailid=45690&nl=daily]
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For the first 30 minutes of the two-hour meeting, these coworkers
reveal hopes and anxieties--what they worry about, what they're
grateful for, what they're feeling. Even at a company focused on
connecting people, forging real relationships in the workplace takes
effort, Hinge CEO Justin McLeod told an audience at the South by
Southwest conference earlier this year. He was co-presenting at the
event with Ann Shoket, whose initiative to combat workplace loneliness
is called "10 Minutes to Togetherness."
Work
Ancient Peruvian Temples Show Signs of Human Sacrifice and Emergence
of Religion - Discover Magazine (No paywall)
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The temple reveals the early emergence of institutional religion —
and possibly human sacrifice — in the Initial Period of Andean
Civilization. This period goes from roughly 2000 B.C. to the rise of
Chavín de Huántar and the Early Horizon period in roughly 900 B.C.
Ceramic pottery and the spread of a number of temples characterized
this period.
Work
Oceans Without Sharks Would Be Far Less Healthy - Discover Magazine
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There are more than 500 species of sharks in the world’s oceans,
from the 7-inch dwarf lantern shark to whale sharks that can grow to
over 35 feet long. They’re found from polar waters to the equator,
at the water’s surface and miles deep, in the open ocean, along
coasts, and even in some coastal rivers.
Work
Rate of Biological Aging Is Accelerating In Young People, Leading To
Medical Issues - Discover Magazine (No paywall)
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Why did 19-year-olds at Woodstock in 1969, for example, look a decade
older than most 19-year-olds today? Or why did couples heading to
their senior prom in 1988 look old enough for their 10-year reunion?
Work
How clues in honey can help fight our biggest biodiversity challenges
- New Scientist (No paywall) [[link removed]}&lead=419599&emailid=45690&nl=daily]
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There are secrets aplenty in a pot of honey – from information about
bees' "micro-bee-ota" to DNA from the environment – that can help us
fight food fraud and even monitor shifts in climate
Work
Clarence Thomas breaks with Supreme Court over Donald Trump trial
lawsuit
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Supreme Court Justice Clarence Thomas broke with the majority of the
Supreme Court on Monday in a ruling that prevented the state of
Missouri from suing the state of New York over Manhattan District
Attorney Alvin Bragg's prosecution of former President Donald Trump.
Work
Bangladesh's prime minister just fled the country in a helicopter.
Why?
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The movement that ultimately toppled her started with students
frustrated at their lack of job prospects and snowballed to include
ordinary Bangladeshis facing increasingly tough economic conditions.
But the jubilant scenes in the capital Dhaka come at great cost;
around 300 people have been killed since the protests started in June,
and the country’s future remains uncertain as a military-backed
caretaker government steps in.
Work
What happens when everyone decides they need a gun?
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It’s a Saturday morning on the South Side of Chicago, and the heat
is rising in the classroom as firearms instructor Mike Brown leads
students through gun-handling drills. They hold the model guns aloft
until he yells, “Chest!,” which is their cue to draw the weapons
back to their bodies. He drills them over and over, so pointing the
gun feels like pure instinct, a reflex each time they hear him shout,
“Threat!”
Work
Colorado wants to bring back the wolverine. There's just one problem.
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When Hugh Jackman agreed to play the mutant superhero Wolverine in the
X-Men franchise, he didn’t know that wolverines were real. He
thought he was playing a wolf. At a loss for how to mimic a wild
canine, he watched a documentary on wolves to better understand how
they moved and acted, arriving on set with a “funny” gait. He
recalled the ridicule of his director Bryan Singer in an interview
with Page Six in 2017: “He said, ‘You know you’re not a wolf,
right? ... Go to the zoo, dude.’ I literally didn’t know
[wolverines] existed.”
Work
The crucial first step in preparing for a climate disaster
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When your phone makes that discordant shrill noise and a disaster
alert pops up, do you know what to do? Do you have a go bag? Do you
have a place to crash for a few days? Do you have a way to get there?
What about your kids or your pets? And if your home’s roof gets
ripped off while you’re away, do you have enough cash to fix it?
Have you thought about moving entirely?
Work
Muhammad Yunus Pitched to Lead Interim Bangladesh Government
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DHAKA, Bangladesh — A key organizer of Bangladesh’s student
protests said Nobel Peace Prize laureate Muhammad Yunus was their
choice as head of an interim government a day after longtime Prime
Minister Sheikh Hasina resigned.
Work
Myanmar's Junta Regime Appears to Lose Key Military Outpost to
Resistance Forces
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Myanmar’s military regime acknowledged Monday it had lost
communications with the commanders of a strategically important army
headquarters in the northeast, adding credence to a militia group’s
claims it had captured the base.
Work
Rising methane emissions from wetlands may undermine climate targets -
New Scientist (No paywall) [[link removed]}&lead=419599&emailid=45690&nl=daily]
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After years of taking a back seat to carbon dioxide, methane has seen
a surge of attention as a potent greenhouse gas that must be reduced
to meet climate targets. It is responsible for nearly a third of
global warming so far. But just as many countries are starting to take
steps to reduce methane emissions from fossil fuels and agriculture,
climate change is causing methane emissions from wetlands and other
hard-to-control natural sources to rise.
Work
How Volunteering Can Affect Your Health - Inc.com (No paywall)
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Altogether, Kellert, 71, volunteers about 30 hours a month. The
experience keeps him active, but just as important, he said, it has
led to new friendships and a sense of purpose he never expected in
retirement.
Work
When Your Boss Suddenly Reduces Your Scope - Harvard Business Review
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All careers have highs and lows, and scope reductions can be
particularly challenging. You may feel like immediately handing in
your resignation or retreating and disengaging. It’s natural, but
neither response is helpful. Your manager and coworkers are watching
how you respond, making it even more critical to approach this
difficult situation with composure and pragmatism. In this article,
the author offers six strategies to help you bounce back and
productively move forward.
Work
How Companies Can Take a Global Approach to AI Ethics - Harvard
Business Review (No paywall) [[link removed]}&lead=419599&emailid=45690&nl=daily]
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Many efforts to build an AI ethics program miss an important fact:
ethics differ from one cultural context to the next. Ideas about right
and wrong in one culture may not translate to a fundamentally
different context, and even when there is alignment, there may well be
important differences in the ethical reasoning at work — cultural
norms, religious tradition, etc. — that need to be taken into
account. Because AI and related data regulations are rarely uniform
across geographies, compliance can be difficult. To address this
problem, companies need to develop a contextual global AI ethics model
that prioritizes collaboration with local teams and stakeholders and
devolves decision-making authority to those local teams. This is
particularly necessary if their operations span several geographies.
Work
When a Team Member Speaks Up -- and It Doesn't Go Well - Harvard
Business Review (No paywall) [[link removed]}&lead=419599&emailid=45690&nl=daily]
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Speaking up — and being heard — in organizations is critical, but
failed attempts to speak up happen often at work and can lead people
to silence themselves and others in the long run. Instead, leaders and
team members should frame such situations as opportunities to learn.
But this isn’t easy; it can be difficult to recognize such moments
as learning opportunities; it can be difficult to move beyond
counterproductive emotions like shame and blame,;and we tend to be too
busy and focused on the short term to learn. The authors’ research
and experience have shown that the antidote starts with all team
members, including the leader, explicitly framing such interactions as
experiments from which everyone expects to learn; preparing for them;
paying attention to them; implementing certain process tools; and
thinking more long-term about learning.
Work
Congress is unprepared for the post-Chevron world. It needs help from
subject matter experts - STAT (No paywall)
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At the end of its most recent term, the Supreme Court cast aside in a
6-3 decision the Chevron deference, which for 40 years required judges
to defer to reasonable interpretations by federal agencies of the laws
they are charged with administering. To legislate effectively without
the Chevron deference, Congress will have to enact laws that leave far
less room for interpretation.
Work
Investors beware: summer madness is here - The Economist (No paywall)
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So much of finance is automated these days you can forget quite how
strongly markets echo human rhythms. Yet stock exchanges still ring
their opening and closing bells at either end of the working day
designed a century ago in Henry Ford’s car factory; the more
civilised of them even break for an hour at lunch. The
foreign-exchange market notionally operates around the clock, but it
is a brave soul who attempts a big order during London’s early
hours, before the City is open for business. And it is not just daily
routines that matter—seasonal ones do, too. Spare a thought, then,
for the 20-somethings left to run the northern hemisphere’s trading
desks over the next few weeks, while their bosses doze on a beach.
Work
Margaret Hodge's lessons from east London on countering the far right
- The Economist (No paywall) [[link removed]}&lead=419599&emailid=45690&nl=daily]
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WHEN LABOUR swept back into power in last month’s British general
election, I felt elated. But I also grew worried about the potential
implications of the results for mainstream politics. The numbers that
emerged on the night of July 4th reminded me of what happened in
Barking from 2001 to 2010, when we lived through the alarming rise of
the British National Party (BNP). The far-right, anti-immigrant riots
that have erupted in English towns and cities in recent days make it
even more important to learn the lessons we can from the east London
constituency I represented for 30 years.
Work
How to reduce the risk of developing dementia - The Economist (No
paywall) [[link removed]}&lead=419599&emailid=45690&nl=daily]
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Some of the best strategies for reducing the chances of developing
dementia are, to put it kindly, impracticable: don’t grow old;
don’t be a woman; choose your parents carefully. But although old
age remains by far the biggest risk factor, women are more at risk
than men and some genetic inheritances make dementia more likely or
even almost inevitable, the latest research suggests that as many as
45% of cases of dementia are preventable—or at least that their
onset can be delayed.
Work
Updated COVID Vaccines Are Coming: Effectiveness, Who's Eligible And
More - Forbes (No paywall) [[link removed]}&lead=419599&emailid=45690&nl=daily]
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Drug manufacturers have created updated monovalent COVID-19 vaccines
to protect against currently circulating variants, and the
shots—which have shown to be more effective than the now-available
vaccines—are expected to be available as soon as this month.
Work
'QAnon Shaman' Will Get Back Helmet And Spear Used In Jan. 6 Riots,
Judge Rules - Forbes (No paywall) [[link removed]}&lead=419599&emailid=45690&nl=daily]
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A federal judge ruled Monday the Jan. 6 rioter known as the "QAnon
Shaman" will be able to have back the Viking helmet and spear he wore
the day of the Capitol insurrection, though he has already been
sentenced to over three years in prison for his role in the riots.
Work
Several US Personnel Injured In Attack In Iraq - Forbes (No paywall)
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At least five U.S. personnel were injured in a suspected rocket attack
on an airbase in western Iraq, a U.S. defense official reportedly said
Monday—an attack that comes during a time of heightened tensions in
the Middle East over concerns about Iran retaliating against Israel.
Work
Japanese Stocks Lead Asian Market Rebound After Monday's Rout - Forbes
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Asian stock markets mounted a recovery on Tuesdayâled by the Japanese
Nikkei 225 indexâafter being hit with a historic rout on Monday due
to recession fears triggered by worse-than-expected U.S. jobs market
numbers.
Work
How these trickster caterpillars outwit and outlast other insects -
Photography (No paywall) [[link removed]}&lead=419599&emailid=45690&nl=daily]
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Before they transform into moths and butterflies, caterpillars must
outwit, outplay, outlast. Sam Jaffe’s images of the tubular
creatures show just how: through mimicry, defensive adaptations, and
partnerships with plants. The naturalist-photographer has been
enamored with the insects since age four. “I used to bring them into
my parents’ house,” he says. “They’d find them crawling up the
walls.” While working at Harvard University, Jaffe began taking
pictures of native caterpillars during his free time, then displaying
the results at local galleries. The exhibitions sparked so much
interest that he launched an educational nonprofit, the Caterpillar
Lab, in 2013, to open our eyes to these masters of metamorphosis and
inspire their protection.
Work
Virginia man threatened to set Kamala Harris on fire, FBI says
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According to court records reviewed by Newsweek, Frank Carillo of
Winchester, Virginia, was charged with making threats against the vice
president of the United States after investigators found that he had
made several threatening statements on microblogging platform GETTR.
Carillo had his first court appearance in the Western District of
Virginia on Monday, where a judge ruled that the defendant be detained
pending a detention hearing scheduled for Thursday.
Work
UPS Holiday Shipping Surcharges May Turn Off Customers - Inc.com (No
paywall) [[link removed]}&lead=419599&emailid=45690&nl=daily]
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The 2024 peak gift delivery season from Thanksgiving to Christmas Eve
has just 17 operating days, versus the usual 20 or more days. That
time crunch could push daily peak season volume to record highs,
costing UPS extra for trucks, planes and staff to deliver holiday
gifts on schedule, the company said.
Work
AI Lawsuits From Music Labels Pose Fair-Use Questions - Inc.com (No
paywall) [[link removed]}&lead=419599&emailid=45690&nl=daily]
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Country musician Tift Merritt's most popular song on Spotify,
"Traveling Alone," is a ballad with lyrics evoking solitude and the
open road. Prompted by Reuters to make "an Americana song in the style
of Tift Merritt," the artificial intelligence music website Udio
instantly generated "Holy Grounds," a ballad with lyrics about
"driving old backroads" while "watching the fields and skies shift and
sway."
Work
Millions of people became uninsured as Medicaid programs cut coverage,
new data show - STAT (No paywall) [[link removed]}&lead=419599&emailid=45690&nl=daily]
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The national uninsured rate rose from 7.7% to 8.2% earlier this year,
a result of states booting millions of Americans from their state
Medicaid programs, according to new data from the Centers for Disease
Control and Prevention.
Work
How tennis uniquely benefits your body--compared to other sports -
Science (No paywall) [[link removed]}&lead=419599&emailid=45690&nl=daily]
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"Tennis demonstrates the power, grace, intellect, wit, balance, speed,
joy, sorrow, and sheer determination of human beings," says Brian
Hainline, a neurologist, president of the United States Tennis
Association, and former chief medical officer of the NCAA.
Work
Florida is actually a top farming state. But that status may not last.
- Science (No paywall) [[link removed]}&lead=419599&emailid=45690&nl=daily]
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There’s nothing like savoring delicious strawberries, tomatoes, and
green peppers in wintertime. But in the United States, much of these
winter crops are grown in Florida, and farmland there is rapidly
disappearing.
Work
World's Five Leading Chipmakers Have Now Promised U.S. Investment
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Only about 10 percent of the world’s semiconductors are manufactured
in the United States, down from about 37 percent in 1990. Reversing
the nation’s declining share of global chip manufacturing has been a
major priority for President Biden and a key component of his economic
policy agenda.
Work
OpenAI co-founder John Schulman says he will leave and join rival
Anthropic
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Last week, Altman said on X that OpenAI "has been working with the US
AI Safety Institute on an agreement where we would provide early
access to our next foundation model so that we can work together to
push forward the science of AI evaluations." Altman said OpenAI is
still committed to keeping 20% of its computing resources for safety
initiatives.
Work
Australian share market bounces back to ease immediate concerns over
meltdown
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“The general rule of thumb is that a VIX reading below 20 represents
expectations for a low-risk environment, while readings above 20
signal expectations for higher volatility,” said Mike Rode, senior
investment director at American Century Investments.
Work
Warren Buffett's Unprecedented $132 Billion Warning to Wall Street
Can't Be Ignored Any Longer
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Bank of America is an advertising partner of The Ascent, a Motley Fool
company. Sean Williams has positions in Bank of America. The Motley
Fool has positions in and recommends Apple, Bank of America, and
Berkshire Hathaway. The Motley Fool recommends Occidental Petroleum.
The Motley Fool has a disclosure policy.
Work
Southern California Fire Destroys Homes and Forces Evacuations
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That fire alone has burned more acres than all of the fires in
California did last year combined, according to Cal Fire. This year,
more than 778,000 acres have burned statewide, compared with roughly
325,000 acres in all of 2023, and the peak of the fire season has not
yet arrived.
Work
Historically Black Medical Schools Land a $600 Million Donation
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Despite their small number, the historically Black medical schools are
strong engines of social mobility for their graduates, and
contributors to the well-being of Black communities, research shows.
Work
Harris Officially Secures Democratic Party's Nomination for President
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Ms. Harris first ran for president in 2019, while in her third year as
a senator from California. In a crowded field of Democrats, she
struggled to find her message, tangled with staff members and dropped
out before voting began. Now Ms. Harris is setting out to prove she
can lead a party desperate to block Mr. Trump’s attempt to return to
office.
Work
Trump and His Allies Seize on Market Downturn to Attack Harris
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By lunchtime, it was official party messaging: The Republican National
Committee hyped the “Great Kamala Crash of 2024,” and the Trump
campaign had produced and circulated on social media a video tying the
vice president to Monday’s dip in the markets. By the afternoon, the
Trump forces had turned “KamalaCrash” into a “trending”
subject on X.
Work
Harris Nears Her Big V.P. Reveal After Fierce Lobbying From Democrats
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Some of the candidates even tried to cozy up to influential friends of
Ms. Harris’s, hoping that it might make their way back to the vice
president — or at least to one of the people in the tight group of
confidants advising her. Two presumed favorites, Gov. Josh Shapiro of
Pennsylvania and Gov. Tim Walz of Minnesota, have been checking in
with Democratic members of Congress by phone in recent days.
Work
'It was the one great mistake in my life': The letter from Einstein
that ushered in the age of the atomic bomb
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In July 1955, the name that signed off the seminal 1939 letter to
Roosevelt would feature posthumously in the title of the
Russell-Einstein Manifesto, an emotively worded resolution against
nuclear war initiated by philosopher Bertrand Russell and endorsed by
Einstein just a week before his death. "We appeal, as human beings, to
human beings," reads part of the text. "Remember your humanity and
forget the rest. If you do so, the way lies open to a new paradise; if
you cannot, there lies before you the risk of universal death."
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Musk says 'no choice' but to shut X San Francisco HQ
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In response, California's Democrat Governor Gavin Newsom posted on X
“You bent the knee,” along with a screenshot of a 2022 post from
former President Donald Trump criticising the billionaire.
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Thames, Yorkshire and Northumbrian Water face
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Japan stocks rebound a day after major rout
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“Markets are very volatile at the moment and will likely stay
volatile until the Fed decision in September, so we wouldn't rule out
rapid swings in both directions,” said Stefan Angrick, a senior
economist with Moody's Analytics.
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How the Google Antitrust Ruling May Influence Tech Competition
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The influence of the Microsoft antitrust case was, in fact, apparent
in the Google decision. In Judge Mehta’s 277-page judgment,
Microsoft appeared on 104 pages, both as an aspiring rival to Google
and as a legal precedent. Google has said it will appeal the ruling.
Work
Recession Fears May Be Overstated, but Not Unfounded
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But they said there were also reasons to worry. Historically,
increases in joblessness like the one in July — the unemployment
rate rose to 4.3 percent, the highest since 2021 — have been a
reliable indicator of a recession. And even without that precedent,
there has been evidence that the labor market is weakening.
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Star Power Elevates Pin Trading, the Unofficial Sport of the Olympics
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“I’m a first-class pin collector,” Serena Williams declared in a
video on the Paris Olympics Instagram account. A pins aficionado, she
said her most prized possession was a rare find from the North Korean
sports delegation, which she acquired during the 2016 Rio Games. “I
would never, ever trade that,” she said.
Work
CNET Sold to Ziff Davis in Sign of Possible Media Deals to Come
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Benjamin Mullin reports on the major companies behind news and
entertainment. Contact Ben securely on Signal at +1 530-961-3223 or
email at
[email protected]. More about Benjamin Mullin
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Stocks Rebound After a Day of Wild Selling Worldwide
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The sharp jolt to stock markets started last week in Japan, where
worries about the state of the U.S. economy were compounded by
concerns about the effects a rapidly strengthening yen would have on
corporate profits.
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