It’s not like Liza Minnelli and inflation have ever been this high if you’re 41 or younger. Consumer prices in the United States rose by 8.5% in March, the fastest rate since 1981. From the Labor Department report, here are a few of the things we learned: Gas prices rose by 48%, which accounted for … Read more
Tom Brady started a new thing, and now people do it all the time. No, not “having a bad haircut and becoming famous anyway.” Instead, he was forced to retire. Following in the footsteps of No. 12, many retirees in the U.S. are calling for a return to work for those who left too early. … Read more
People in France are voting for a new president, and that could cause even more chaos across Europe. Macron, the current president, and Marine Le Pen, the far-right candidate, are going to face off in a second election in two weeks after a close first round of votes yesterday. It looked like Macron got 28.1 … Read more
She is known as Katie Gatti, or “Money with Katie,” and she joined Morning Brew in January. #RichGirls around the world can get their hands on newsletters, podcast episodes, and Instagram posts from her. During a Zoom call, we talked to Katie and her cat, who loves them. We talked about how stressful it was … Read more
Shanghai, a city of 25 million people, will spend another Saturday in lockdown. They’ve been there for more than a week. They aren’t happy. Because the pandemic is more than two years old and effective vaccines are widely available, the extended lockdown is straining residents’ patience with their government’s extreme “Zero Covid” approach. This is … Read more
Starting pay for in-house truck drivers will go up from $87,000 to between $95,000 and $110,000 in order to get those Instant Pots to where they need to be more quickly. Google “How to become a truck driver.” People who work at Walmart will also be trained to become truck drivers through a 12-week course. … Read more
To start the Bitcoin 2022 conference in Miami yesterday, the city put up a 3,000-pound bull statue to show that the city is the “future of finance.” A lot of the things about Miami’s plan to become the world’s crypto capital aren’t clear. On the event: More than 25,000 people have come to Miami to … Read more
The “Battle to Become the Internet King,” or “Space Race 2.0,” is heating up. Amazon announced a multibillion-dollar investment in its satellite internet service just yesterday. Amazon’s counterpart to SpaceX’s Starlink, Project Kuiper, has secured up to 83 launches over the next five years to transport its intended fleet of over 3,000 satellites into orbit. … Read more
After purchasing a 9.2 percent investment in Twitter on March 14, Elon Musk, the world’s richest man, has become the company’s largest outside stakeholder. After the transaction was reported yesterday, Twitter shares jumped 27%, implying Musk had profited more than $1 billion on paper in just a few weeks. Doesn’t he have enough on his … Read more
After heartbreaking photographs of dead civilians circulated on the internet this weekend, Western leaders promised to increase economic pressure on Russia. Ukrainian troops and Western media poured into the city’s suburbs this weekend as Russian forces retreated from the region surrounding Ukraine’s capital, Kyiv. They discovered a large number of persons dressed in civilian clothes … Read more