Category Archives: Daily Digest

Important Note:   Just like everything here at Peak Prosperity since 5/12/21, the Daily Digest is under ‘new management.’  We’re looking for ways to make it better. I guess we should start with the purpose. The Daily Digest is the place for breaking news and things that we should be aware of and even lightly discuss….

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Colonial Pipeline Paid Hackers Nearly $5 Million in Ransom

The company paid the hefty ransom in difficult-to-trace cryptocurrency within hours after the attack, underscoring the immense pressure faced by the Georgia-based operator to get gasoline and jet fuel flowing again to major cities along the Eastern Seaboard, those people said. A third person familiar with the situation said U.S. government officials are aware that Colonial made the payment.

Zero Hedge’s Commentary: Colonial Pipeline Restarts Operations After Ransomware Attack

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• Coinbase says SEC conversation on crypto regulation welcome
• Judge Strikes Down Federal Eviction Moratorium, Setting Up High-Stakes Appeal
• Auto sector urges U.S. Congress to help fund its computer chip needs
• Biden Backs Waiving International Patent Protections For COVID-19 Vaccines
• Laboratory-made diamonds are forever, says Pandora
• Pfizer, BioNTech seek full FDA approval for COVID-19 vaccine
• High Package Costs Hit Food Makers as Recycled Paper, Corn Soar

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• Fed keeps interest rates near zero but notes ‘strengthened’ US economic recovery
• Hong Kong to Test All Foreign Helpers After Variant Found
• The $100 Million Deli
• New COVID test key to saving Alaska’s salmon season, fishing jobs
• Extent Of Toxic DDT Dumping Off Los Angeles Coast Is ‘Staggering’

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• Musk Says Tesla Sold Bitcoin to Prove Liquidity as Cash Alternative
• Biden Wants Millionaires To Foot The Bill For Big New Social Programs
• What makes digital real estate buying valuable? NFT expert explains
• Corn Prices Touch 8-Year High As Albert Edwards Worries About Food Inflation
• Apple Rolls Out Major New Privacy Protections For iPhones And iPads
• GameStop Soars After Successful $551 Million Equity Raise
• Honda Aims To Go All-Electric By 2040
• The Ugly Truth About Renewable Power

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• Why Dogecoin Is the Meme Stock of the Cryptocurrency Universe
• FDA Inspection Finds Numerous Problems At Facility Intended To Make J&J Vaccine
• Some small businesses could increase PPP loan size under new Senate bill
• Coronapas: The passport helping Denmark open up after Covid
• Shuttered Venues Still Waiting For Government Aid Announced In December

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• After The Banks Leave
• China Launches New App Allowing Citizens To Report Others For Expressing “Mistaken Opinions”
• Johnson & Johnson suffers another setback as FDA tells Md. vaccine maker to suspend production
• Apple reinstates Parler App after review
• New-home construction rebounds as America faces dire housing shortage
• Bitcoin’s nosedive: What happened and what’s ahead?
• India, Farming, and the Free Market
• Lumber Hasn’t Had A Down Day Since March 26… And It’s Sending Home Prices Soaring Even Higher
• China Says It Has No Desire To Replace Dollar As Global Reserve Currency With Digital Yuan

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• COVID-19’s toll on US business? An extra 200,000 closures
• Rule By Fiat: When The Government Does Whatever It Wants
• Third Pfizer COVID-19 vaccine dose ‘likely’ needed within year, CEO says
• Beijing Displaces New York To Become The World’s Billionaire Capital
• The Battery-Powered Future Depends on a Few Crucial Metals
• Covid concerns cause mortgage rates to retreat

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• Coinbase, A Bitcoin Startup, Goes Public. Is Crypto Really The ‘Future Of Finance’?
• China’s Digital Yuan Won’t Topple Dollar, BOJ Official Says
• U.S. Health Officials Continue Pause Of Johnson & Johnson Vaccine
• US housing market is nearly 4M homes short of buyer demand
• Nearly 25% Of UK ‘COVID Deaths’ Were Not Directly Caused By Virus

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• Fed’s Powell: Economy at an ‘inflection point’
• Day Traders Know a Bubble When They See One, and They Want In
• White House Convenes Summit To Address Supply Shortage Crippling Auto Plants
• ‘Fear of Missing Out’ Will Drive Workers Back Into the Office
• Heinz Promises To Catch Up To Americans’ Demand Amid Ketchup Packet Shortage
• Microsoft makes $20bn bet on speech AI firm Nuance
• Fed’s Powell warns cyber threats pose bigger danger to US economy than 2008-style financial crisis

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