Economy

Meet the Censored: Status Coup

On January 6th, Jon Farina, photographer and videographer for Jordan Chariton’s Status Coup outlet, captured horrifying images. At the Capitol, a pro-Trump mob tried to burst into the building, and a police officer who attempted to intercede was caught in a door. He cried out in pain, but the crowd was indifferent, chanting, “Heave, ho!” as they tried to break in. Farina, in the middle of the physical mayhem as photojournalists often are, caught the scene up close while 30,000 people watched the live feed.

Farina’s footage rocketed around the world, and major press outlets celebrated his work as an example of hard-hitting reporting. CNN did a laudatory story about the freelance photojournalist, with Pamela Brown asking Farina to “bring us inside the mayhem.”

Joe Biden Signs Executive Order to Make All Federal Vehicles Electric

President Joe Biden signed an executive order Monday to phase out the federal government’s use of vehicles that run on gas and replace them with ones that run on electricity.

The process is part of Biden’s “Made in America” executive order, which the president claims will create one million additional jobs in the auto industry in America.

Average human is fatter than an elephant, unique obesity study reveals

How are those New Year’s weight loss resolutions going so far? For people who need more motivation to cut the fat out of their diet, a new study finds your average elephant is probably in better shape than most humans. An international research team says, despite their massive size, zoo elephants actually carry less body fat than the average person.

The team, led by Daniella Chusyd of Indiana University, wanted to understand why Asian elephants (Elephas maximus) living in zoos had lower birth rates than their peers in the wild. Researchers say it was thought these captive elephants were overweight and this was leading to a fertility crisis among the zoo population. Such a connection is similar to what health experts see happening in overweight people.

Fed Chair Powell downplays heat in housing market as prices climb

Federal Reserve Chairman Jerome Powell downplayed significant price increases in the U.S. housing market on Wednesday, despite noting that activity in the sector is at its highest level since before the global financial crisis.

Powell said there has been a “very strong rebound” in the housing market – but some of the tightness that has led to price increases is a “passing phenomenon.”

In Battle Over GameStop Shares, Two Big Players Flinch

A David and Goliath saga is unfolding in financial markets over the stock price of struggling retail chain GameStop. On Wednesday, Goliath walked away from the battle.

Two Goliaths, actually.

A pair of professional investment firms that placed big bets that money-losing video game retailer GameStop’s stock will crash have essentially admitted defeat. The victor, for now at least, is a volunteer army of smaller investors who have been rallying on Reddit and elsewhere online to support GameStop’s stock and beat back the professionals.

Oakland airport first in US to sell COVID-19 test kits in vending machines

Oakland International Airport on Wednesday became the first airport in the nation to begin selling COVID-19 tests from vending machines.

The testing option may offer a bit of hope for an industry that has been trying to reinstall passenger confidence ever since the virus decimated travel.

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