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Editor's Pick
Why Do People Play the Lottery?
Wharton’s Benjamin Lockwood explains why lotteries are so compelling to consumers, even when they know the odds are stacked against them.
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We send tax invoices with company name. Get an invoice. Editor's Note: Consumers think differently about lotteries than they do about alcohol, cigarettes, soda, and harmful products subject to so-called 'sin taxes'. Most don't consider buying a lottery ticket to be a mistake.
WorkEditor's Note: But the link between blue light and sleep is murkier than we thought, said Lauren E. Hartstein, an assistant professor of psychiatry at the University of Arizona. She and other researchers have been taking a closer look at the evidence, which suggests that blue light alone may not be causing poor sleep. And in some cases, screen use could even help you drift off. WorkWorkWork WorkWorkWorkWork WorkWorkWorkWork WorkWorkWorkChinas North Korea Problem - Foreign Affairs Since talks collapsed between U.S. President Donald Trump and North Korean leader Kim Jong Un in Hanoi, in 2019, North Korea's reckless drive for long-range nuclear capabilities has fueled tensions on the Korean Peninsula to new heights. Work WorkWorkEditor's Note: The case of South Korea is under close scrutiny. Its fertility rate fell from 4.5 in 1970 to 0.75 in 2024, and its population peaked at just under 52 million in 2020. That figure is now declining at a pace that is expected to accelerate. WorkWhy Has Koreas Stock Market Gone Wild? - Foreign Policy Since Lee Jae-myung won South Korea's presidential election on June 3, the Korean stock market has been on a tear. On June 2, the Korea Composite Stock Price Index (KOSPI)-the weighted index of all common stocks traded in the Korea Exchange-closed at 2,698.97. Work WorkGoogle is beating Apple on smartphone AI - WSJ Apple teased a smarter Siri but its MIA, and other Apple Intelligence offerings are meh. Meanwhile, Samsung is fusing Gemini into its Galaxy phones, and the new Google Pixels are chock-full of AI this and AI that. Tools wed actually use. WorkWorkWorkEditor's Note: Infants born to people who received $1,000, no-strings-attached, were nearly half as likely to die as infants born to people who got no cash, according to a report published Monday by the National Bureau of Economic Research. WorkWhy Smart CEOs Are Launching Their Own Investment Funds - Inc In todays market, the rules of capital acquisition and allocation have changed. While traditional VCs and private equity firms play an important role in our economy, participation has become a giant hurdle for most of the brightest startups. Traditional funds are typically focused on a specific model and investment type its leaders know well, and can operate as a specialization. WorkEditor's Note: We're mortality experts, and these facts stem from an analysis we did of death rates in 22 countries from 1980 through 2023 (the last year with reliable data). When we set out to do this research, we expected to find a story about the COVID-19 pandemic. America's pandemic experience was much worse than that of our peers, with three U.S. deaths for every two in peer countries. Nonelderly Americans in particular were hit harder than nonelderly populations in other rich countries. This disadvantage only grew as vaccinations became available but were adopted by Americans at lower rates. WorkWork WorkWorkA Tale of Two Jurists in the Trump Era - The New Yorker Last month, James Boasberg, a seasoned federal judge, and Emil Bove III, a Justice Department lawyer, became foils in a parable about the rule of law during Donald Trumps second term. On July 28th, the Department of Justice announced a misconduct complaint against Boasberg, whom it accused of harboring a personal bias against the President. The next day, Bove, whom Trump had nominated to a judgeship on the Third Circuit Court of Appeals, was confirmed by Republicans in the Senate. Boasberg had undermined the integrity of the judiciary, and we will not stand for that, Pam Bondi, Trumps Attorney General, wrote on X. By contrast, Bove, she said, will be an outstanding judge. WorkWork WorkWorkWorkWorkUganda reaches agreement with US to take in some of its failed asylum seekers On Wednesday, a Ugandan official denied that it had reached a deal with the US, saying that they did not have the facilities and infrastructure to accommodate immigrants. The denial followed a CBS News story on Tuesday that cited internal government documents, reporting that the White House had reached deportation deals with Honduras and Uganda. WorkNew Therapies May Free Kids from the Deadly Threat of Peanut Allergy - Scientific American Anabelle Terry, a slender, self-possessed 13-year-old, has heard the peanut butter story her entire life. At two and a half she ate nuts for the first time. Her mother, Victoria, had made a little treat: popcorn drizzled with melted caramel, chocolate and peanut butter. Anabelle gobbled it down. And afterward, I felt really sick, she says. A few minutes later she vomited on the kitchen floor. WorkWorkWorkWorkWorkWorkThe difficult path to peace in Ukraine - WSJ Where does Europe end and Russia begin? This centuries-old question underlies the meeting between President Trump, Ukrainian President Volodymyr Zelensky and European leaders in Washington on Monday. The resolution of Russias war against Ukraine will settle this question, at least for now. WorkWorkWorkWorkWorkWorkHow Parents Can Help Kids Use AI Responsibly for Homework When children return to school, there is a good chance they will turn to AI to do their homework. According to a 2024 Pew Research Center study, 26% of teenagers aged 13-17 said they used ChatGPT to do their homework. Since then AI chatbots have [...] Editor's Note: That's why it's worth teaching children to use AI for learning, not for doing their work, and to question everything chatbots say. One way to do this is to use chatbots together. 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