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Why You Don't Feel Rich - A Wealth of Common Sense


Sree VijaykumarSome thoughts on how to feel rich and why so many Americans are miserable despite being the richest country in history.

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Trump Says Chicago Mayor and Illinois Governor Should Be Jailed Amid National Guard Tensions
Trump Says Chicago Mayor and Illinois Governor Should Be Jailed Amid National Guard Tensions
As President Trump looks to deploy the military on the streets of American cities, he is lashing out at political foes.


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Yen tumbles as prospect of Bank of Japan rate hike fades - WSJ
Yen tumbles as prospect of Bank of Japan rate hike fades - WSJ
If the yen slumps toward the key 160 level against the dollar, it could prompt intervention and complicate U.S.-Japan trade relations.


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How China threatens to force Taiwan into a total blackout - WSJ
How China threatens to force Taiwan into a total blackout - WSJ
A Chinese blockade would quickly deplete resources on an island that depends on imported fuel.


 
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Gold rally points to eroding faith in central banks worldwide - WSJ
Gold rally points to eroding faith in central banks worldwide - WSJ
In Japan, as in the U.S., a new leader wants the central bank to make government debt more bearable, which could feed inflation.


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Is it possible to lose weight on an 'Ozempic' diet?
Is it possible to lose weight on an 'Ozempic' diet?
Drugs like Ozempic have allowed many people to lose weight they were unable to shift before. Could a diet have the same effect without the need for a prescription?


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Bank of England warns of growing risk that AI bubble could burst
Bank of England warns of growing risk that AI bubble could burst
Possibility of 'sharp market correction has increased', says Bank's financial policy committee


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Regular exercise 'rewires' heart-control nerves differently on left and right side, study finds
Regular exercise 'rewires' heart-control nerves differently on left and right side, study finds
Frequent exercise doesn't just strengthen the heart--it also changes the nerves that control it, according to new research which could guide more targeted and effective care for common heart problems.


 
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Chinese Hackers Said to Target U.S. Law Firms
Chinese Hackers Said to Target U.S. Law Firms
Williams & Connolly, one of the nation's most prominent law firms, told clients that its computer systems had been infiltrated and that hackers may have gained access to some client emails.


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'It's always better to drink wine a year early than a day too late': McKinsey's CEO whisperers on successfully transitioning out of the top job | Fortune
As Caterpillar's former CEO Jim Owens puts it, "In the end, the hardest part of the CEO role is leaving."


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'The funnel is dead': Kantar's Leigh O'Donnell on how shoppers now decide in a blink
'The funnel is dead': Kantar's Leigh O'Donnell on how shoppers now decide in a blink
The head of shopper and category insights talks GLP-1 habits, impulse buys, retail media and why stores still matter in an always-on market.


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Scott Galloway says the key to landing jobs is be as social as possible: '70% of the time, the person they pick is someone with an internal advocate'
"You want to be placed in rooms of opportunities where you're not physically there," the NYU Stern School of Business professor said.


 
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Cristiano Ronaldo becomes first billionaire footballer - Bloomberg
Cristiano Ronaldo becomes first billionaire footballer - Bloomberg
Portugal striker Cristiano Ronaldo is worth $1.4bn (?1.04bn), according to financial information and media firm Bloomberg.


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This company is planning a lithium empire from the shores of the Great Salt Lake
This company is planning a lithium empire from the shores of the Great Salt Lake
Lilac Solutions is pioneering a new type of lithium extraction that could double US production in two years and shake up the industry.


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How Nonlinear Pricing Flips the Script on Markups and Efficiency
How Nonlinear Pricing Flips the Script on Markups and Efficiency
When companies use nonlinear pricing strategies, high markups no longer imply inefficiency across firms, but rather across customers.


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How AI Could Lift Productivity and GDP Growth
How AI Could Lift Productivity and GDP Growth
AI automation could sharply increase productivity by the early 2030s, according to a Penn Wharton Budget Model brief.


 
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Diet and sugary drinks raise risk of common liver disease by up to 60%, study finds | CNN
Diet and sugary drinks raise risk of common liver disease by up to 60%, study finds | CNN
Drinking diet and sugary beverages may raise the risk of nonalcoholic fatty liver disease by up to 60%, according to new research.


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'Unusual' new side effect of drugs like Ozempic becoming 'increasingly common'
'Unusual' new side effect of drugs like Ozempic becoming 'increasingly common'
Experts warn the strange side effect could lead to delayed diagnoses and treatments, as well as unnecessary medical interventions.


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Government shutdown threatens to stall the revival in IPOs
Government shutdown threatens to stall the revival in IPOs
The U.S. government shutdown could raise a caution flag for private companies considering a move to the public market for investors. The IPO market has been on a years-long recovery after spiking inflation slammed the brakes on activity in 2022. Since then, every year has proved to be better than the last. The shutdown means delays and halts in IPO reviews from the Securities and Exchange Commission. A prolonged government shutdown could sap confidence in the U.S. markets and economy as IPO activity approaches a typically slower period near the end of the year.


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European businesses barely use AI. Brussels wants to fix that.
European businesses barely use AI. Brussels wants to fix that.
Commission to warn Europe's slow embrace of artificial intelligence risks squandering economic growth.


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How 'The Great Lock In' TikTok trend helps achieve financial and wellness goals
How 'The Great Lock In' TikTok trend helps achieve financial and wellness goals
A viral TikTok trend called "The Great Lock In" is helping people achieve their wellness goals. It encourages participants to focus on their life goals from September 1 through December 31. There are no set rules, and the trend can be applied to various goals, including exercise, healthier eating, or financial objectives. Participants like Julissa Mercedes are using it to build savings and improve personal habits. Experts suggest reviewing finances, setting attainable goals and finding community support to succeed.


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Germany to allow police to shoot down drones
Germany will grant police the power to shoot down rogue drones like those that have disrupted airports across Europe and that some European leaders have attributed to a hybrid war being waged by Russia.


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Myanmar: At least 24 killed as paraglider bombs Buddhist festival
Myanmar: At least 24 killed as paraglider bombs Buddhist festival
Locals tell the BBC the carnage has made it hard to identify victims in the aftermath.


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UK Conservatives adopt Donald Trump-style policies to regain power
UK Conservatives adopt Donald Trump-style policies to regain power
The Conservative Party once dominated British politics, but is struggling to remain a force after being ousted in 2024. The party faces challenges from both the Labour government and Nigel Farage's hard-right Reform UK party. In response, it is adopting Trump-style policies like mass deportations and government spending cuts. Leader Kemi Badenoch has shifted the party to the right, but the move has sparked internal discomfort. Some members worry the party's appeal is narrowing. Speculation about Badenoch's leadership continues as she struggles to improve poll ratings. Many Conservatives are nostalgic for Margaret Thatcher's era, hoping for a revival.


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Bear enters Japanese supermarket, pounces on customer, as nationwide toll reaches new high | CNN
Bear enters Japanese supermarket, pounces on customer, as nationwide toll reaches new high | CNN
A bear rampaged through the sushi section of a supermarket in central Japan Tuesday, the latest in a series of attacks that have pushed this year's death toll to a record high.


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Ernest Shackleton's ship Endurance not as strong as believed, researcher says : NPR
Antarctic explorer Ernest Shackleton's crew famously survived after the Endurance became stuck in ice in 1915. A researcher says the ship was ill-equipped for the voyage and Shackleton was aware.


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France's crisis takes an unexpected turn as Macron's allies defy him
The most notable criticism has come from former Prime Minister Gabriel Attal, once Macron's protege.


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Hamas demanding Israel turn over bodies of Yahya, Mohammed Sinwar - WSJ
Hamas demanding Israel turn over bodies of Yahya, Mohammed Sinwar - WSJ
Yahya Sinwar was killed by the IDF in Tel Sultan in Rafah in October of last year. Mohammed Sinwar was killed less than a year later.


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The AI Genetics Revolution Is Coming
The AI Genetics Revolution Is Coming
We're worrying about the wrong arms race with China.


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Steve Witkoff and Jared Kushner set to join Israel-Hamas talks in Egypt - FT
Steve Witkoff and Jared Kushner set to join Israel-Hamas talks in Egypt - FT
Senior officials from Qatar and Turkey also expected to attend in push for breakthrough over Donald Trump's peace plan


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Brace for a market melt-up - FT
Brace for a market melt-up - FT
Some say this is a 'good' bubble, but investors should remember that all bubbles burst in the end


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Trump looms large over Nobel Peace Prize - FT
Trump looms large over Nobel Peace Prize - FT
US president pressures Norwegian government and independent committee to select him on Friday


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Jefferies reveals $715mn fund exposure to First Brands invoices - FT
Jefferies reveals $715mn fund exposure to First Brands invoices - FT
US investment bank is one of largest-known creditors to bankrupt auto parts company


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Gold surges past record $4,000 an ounce as uncertainty fuels rally
Gold surges past record $4,000 an ounce as uncertainty fuels rally
In its regular financial stability assessment, the committee identified the still soaring valuations of the world's biggest tech companies, especially those focused on AI in the US as a concern.


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In Food Label Fight, Europeans Debate How the Sausage Gets Made
In Food Label Fight, Europeans Debate How the Sausage Gets Made
Lawmakers in the European Union voted to limit “burger,” “sausage” and other meat terms to animal products, rankling consumers and producers of veggie burgers and tofu sausages.


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Colombia's President Says Boat Bombed by U.S. Was Carrying Colombians
Colombia's President Says Boat Bombed by U.S. Was Carrying Colombians
The Trump administration has said that it is attacking boats and killing their occupants because they are smuggling drugs from Venezuela to the United States.


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Argentina soccer game moved from Chicago due to Trump's immigration crackdown
Argentina soccer game moved from Chicago due to Trump's immigration crackdown
Messi was called up to play in both matches, which are part of Argentina's preparations for next year's World Cup, which will be co-hosted by the US, Mexico and Canada from 11 June to 19 July.


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Why the new H-1B policy helps outsourcers, not startups
Why the new H-1B policy helps outsourcers, not startups
Founders: Your next big connection and investor are here.Investors: Meet startups that align with your investment goals.Innovators & Visionaries: See the future of tech before everyone else.Register now and save up to $444 (or up to 30% on groups).


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More people with psychosis are using cannabis. Medical professionals are worried
More people with psychosis are using cannabis. Medical professionals are worried
O. Rose Broderick reports on the health policies and technologies that govern people with disabilities’ lives. Before coming to STAT, she worked at WNYC’s Radiolab and Scientific American, and her story debunking a bogus theory about transgender kids was nominated for a 2024 GLAAD Media Award. You can reach Rose on Signal at rosebroderick.11.


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Sources: Naveen Rao's new AI hardware startup targets $5B valuation with backing from a16z
Sources: Naveen Rao's new AI hardware startup targets $5B valuation with backing from a16z
Former Databricks AI chief is raising $1 billion to build a Nvidia rival through a novel approach.


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AI toys are all the rage in China--and now they're appearing on shelves in the US too
AI toys are all the rage in China--and now they're appearing on shelves in the US too
Competition is heating up, with Mattel and OpenAI expected to launch a product for kids this year.


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A Plea From Doctors: Cool It on the Supplements
A Plea From Doctors: Cool It on the Supplements
As Americans take more gummies, pills and powders than ever, some physicians are trying to convince patients to be a bit more careful.


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Federal Workers' Unions Call for Compromise on a Shutdown Deal
Federal Workers' Unions Call for Compromise on a Shutdown Deal
Union leaders representing hundreds of thousands of federal workers urged both parties to negotiate as their members prepared to receive their last paychecks until the standoff is resolved.


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Inside the Capitol, a Heated Spat Over the Shutdown and Epstein
Inside the Capitol, a Heated Spat Over the Shutdown and Epstein
A pair of Democratic senators confronted the Republican speaker of the House over his refusal to swear in a colleague during the shutdown.


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The Harvard 'Die-in' That Set Off a Debate Over Protest and Punishment
The Harvard 'Die-in' That Set Off a Debate Over Protest and Punishment
An Israeli American student said he was assaulted during a protest. Two years later, Republicans continue to raise the episode in their campaign to force schools to punish the student protesters.


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Voters Favor Deporting Those in U.S. Illegally, Poll Finds, but Say Trump Has Gone Too Far
Voters Favor Deporting Those in U.S. Illegally, Poll Finds, but Say Trump Has Gone Too Far
A Times/Siena survey shows that a majority of voters believe the Trump administration is deporting mostly the right people, even as a majority also say the process has been unfair.


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