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The next decade will see a major catalyst for fiscal reform, namely the looming insolvency of the trust funds that support Social Security and Medicare. Lawmakers will initially try to put off making politically unpopular cuts to the programs, but that will cause a revolt in the bond market that eventually forces their hand, according…

Financial indicators have become a common language among investors, decision makers, and the media to read the pulse of the economy. The index is not an isolated number but the result of a summary of the movement of tens or hundreds of companies in one line. The first stock index appeared in July 1884 by…

Ethereum co founder Vitalik Buterin weighed in on prediction markets, stating that “most major prediction markets don’t pay interest,” which makes them “very unappealing for hedging.” He added that users would have to “sacrifice a guaranteed yield of around 4% annual percentage yield available on stable dollar denominated assets in order to participate.” “I expect…

People are moving to new homes and new cities at around the lowest rate on record. Companies have fewer roles for entry level workers trying to launch their lives. Workers who do have jobs are hanging on to them. Economists worry the phenomenon is putting some of the country’s trademark dynamism at risk.” For generations,…

Summary: Uploading personal photos to chatbots might seem harmless, even fun, but it carries serious risks. From hidden metadata to potential deepfakes and privacy breaches, you never really know where your images end up. Consent, especially for children, is critical, and there are safer alternatives if you want to experiment with AI tools. “Believe me,…

Like the typewriter, the PC, and then the smartphone, AI is poised to radically change the office environment. OpenAI CEO Sam Altman isn’t shy about discussing the future of AI. His predictions carry plenty of weight whether it’s his worry that AI could make things go “horribly wrong,” or that AI agents will completely transform…

The U.S. economy is still dealing with well-known issues months into the new presidential term. Inflation pressures persist, growth has slowed, and discussions about the best course of action are still as heated as ever. Both major parties have maintained for decades that they are superior stewards of economic prosperity, but are those assertions supported…

Wall Street traders sent stocks down from all time highs “after a gauge of consumer sentiment unexpectedly fell and inflation expectations rose.” The S&P 500 “edged lower after earlier gaining on data retail sales that had tempered some concerns about a retrenchment in consumer spending.” The Nasdaq 100 underperformed major benchmarks, while the Dow Jones…

Short Summary: Scientists have uncovered why mosquito seem to target some people more than others and it’s not just about luck. New research reveals the surprising role of body odour, skin chemistry, and even your soap in attracting these persistent pests. Here’s what the science says, and what you can do about it. A Pill…

Summary: A British food site sparked Italian outrage by publishing “pasta recipe”a cacio e pepe recipe with parmesan and butter instead of pecorino Romano violating the dish’s sacred three ingredient rule. Rome’s restaurateurs and culinary groups lodged formal complaints, accusing the site of distorting tradition. The recipe was later corrected, though a tip suggesting cream…