How Gunmakers May Benefit From Mass Shootings

Mass shootings are becoming more common in America. Five years ago there were 358 such incidents, which are generally defined as shootings in which four or more people not including the shooter are injured. Last year there were 692. And by mid-June this year, there had already been 252. While the outcry about them is nearly universal—and more than half of Americans favor stricter gun laws…

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How to Adjust Your Budget for Inflation

Household budgets have come under intense pressure in recent months as prices have risen to multi-decade highs. In September, the rate of inflation in the U.S. reached 8.2%.

Allocating your budget while prices are rising can be tricky. “There are two things you can do,” personal finance educator Tiffany “The Budgetnista” Aliche says. “Spend less or make more…

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Thanksgiving Travel to Test Airlines’ Mettle

Bloomberg — Air traffic for the Thanksgiving holiday is expected to approach pre-pandemic levels and travelers are likely considering their plans with some dread, given fresh memories about thousands of canceled flights.“The process of getting there is going to be difficult,” said Stephen Beck, founder of management consulting firm Cg42. “We’re going to have to pre…

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The Problem With Corporate Net-Zero Emissions Goals

Only a relative few companies have set net-zero targets, and even fewer expect to fully stop emitting greenhouse gases. For the majority, the plan is to eliminate their carbon footprint by 2050 through offsets—a reduction or removal of emissions elsewhere to compensate. Offsets, however, are controversial, in part because they’re difficult to get right.

Tech options, like carb…

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Activision Blizzard Agrees to Union Negotiations

Activision Blizzard Inc. Chief Executive Officer Bobby Kotick said the US’s biggest independent video-game publisher will start negotiating with the Communications Workers of America over a collective bargaining agreement for employees at its subsidiary Raven Software.

Last month, a majority of video game testers at Raven Software employees voted to form a union—a first for a …

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Why TIME Chose Elon Musk as the 2021 Person of the Year

Why TIME Chose Elon Musk as the 2021 Person of the Year

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YOLO Consumers Splurge Even as Savings Fall

A group of US consumers has surprised companies and economists by splurging on Taylor Swift concerts, trips to Paris and dining out — even as their savings decline.

Call them the YOLO consumers. 

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Why a Recession Isn’t Inevitable

An ugly word has been shooting around the media like it’s going out of fashion: Recession, usually defined as two back-to-back quarters of a shrinking economy.

Judging by recent headlines and rhetoric from experts, you’d think we are already there. But as with many things, the truth is more nuanced. To be sure, no one in their right mind wants to see a recession, as these peri…

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