Wage Inflation: Is Pay Actually Rising? (jdargis)
Bloomberg’s Scarlet Fu examines some signs that wages may be going up on “Off The Charts” on “Bottom Line.”
It was a battle to get their insurance to cover Idan’s infusions, Akiva said; ultimately, they were able to get coverage for the treatment he would receive at home, but not the infusions in the hospital. And when the family chose a hospital to do Idan’s bone-marrow transplant after months of research, they faced another fight. The hospital in Seattle—across the country from their home in Manhattan—used treosulfan, a drug that didn’t have as many side effects but was still in clinical trials in the U.S. Eventually, he said, the family’s insurance company agreed to part of cover the procedure, but they were still overwhelmed by the amount they owed beyond what insurance would pay for—and knew that more bills were coming.
Is Your Smartphone Making You Dumb? (jdargis)
The results showed that there was no difference in performance between smartphone owners and non-owners, but there were differences between those who reported using smartphones very little, a medium amount, and a lot (with roughly 40 individuals in each category). Those in the “high usage” group of smartphone owners, and especially those who reported using search engines a lot, had lower performance on the tests of analytical thinking.
Bin Laden urged caution, fearing the Americans knew about the payment and had laced the cash with radiation or poison, or were tracking it. “There is a possibility — not a very strong one — that the Americans are aware of the money delivery,” he wrote back, “and that they accepted the arrangement of the payment on the basis that the money will be moving under air surveillance.”
The U.S. dollar has been surging recently. Bloomberg Markets Managing Editor Joe Weisenthal explains why the dollar is the strongest it’s been in 12 years.
Japan space scientists make wireless energy breakthrough (Arthur Robey)
The idea, said the JAXA spokesman, would be for microwave-transmitting solar satellites—which would have sunlight-gathering panels and antennae—to be set up about 36,000 kilometres (22,300 miles) from the earth.
“But it could take decades before we see practical application of the technology—maybe in the 2040s or later,” he said.
Our Rising Oceans (Doug A.)
Our oceans are rising. With human use of hydrocarbons skyrocketing, waters around the globe are getting hotter and, now, this warm sub-surface water is washing into Antarctica’s massive western glaciers causing the glaciers to retreat and break off. Antarctica holds 90% of the world’s ice and 70% of its freshwater, so if even a small fraction of the ice sheet in Antarctica melts, the resulting sea level rise will completely remap the world as we know it – and it is already happening. In the last decade, some of the most significant glaciers here have tripled their melt rate.
Where you find water, you can generally find wind, too, so it’s a challenge to tease apart their effects. Constructing an experiment and waiting a million years for clear results isn’t a proposal likely to garner funding. But on the dry western slope of the Andes in northern Chile, the researchers found a natural experiment that conveniently started four million years ago.
Gold & Silver
Provided daily by the Peak Prosperity Gold & Silver Group
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