Author: EconLearner
Standard Bots has announced a $200 million Series C at a $1 billion valuation. The company says it is the largest manufacturer of native artificial intelligence industrial robots in the United States.Standard BotsRobots are the bad guys when it comes to jobs, right? But Standard Bots, which today announced a $200 million Series C at a $1 billion valuation, says robots will make American manufacturers more competitive, and that will unlock more jobs.”We’ve gone from 20 million manufacturing workers in 1979 to just 13 million today,” the company said in a press release announcing the new funding. “Manufacturers become more…
UNITED STATES – June 11: Sen. Charles Grassley, R-IA., and Sen. Amy Klobucher, D-MN., before the start of a full committee hearing on the nominations of B. Todd Jones to be director of the Bureau of Alcohol, Tobacco, Firearms and Explosives. and Stuart Delery to be assistant attorney general for the Civil Division at the Department of Justice on June 11, 2013. (Photo by Douglas Graham/CQ Roll Call)CQ-Roll Call, Inc via Getty ImagesWhat would $10,000 invested in Apple twenty years ago be worth today? Tick tock, tick tock. The answer is about $1.3 million. Apple’s remarkable 13,142% return since 2006…
EAST RUTHERFORD, NEW JERSEY – MAY 01: A general view of MetLife Stadium ahead of the 2026 World Cup at New York New Jersey Stadium in East Rutherford, New Jersey. (Photo by Dustin Satloff/Getty Images)Getty ImagesThe 2026 FIFA World Cup kicks off on Thursday, June 11 in Mexico City and runs until July 19 at MetLife Stadium in New Jersey. The soccer tournament will feature 48 national teams playing 104 matches in 16 cities across three countries — Canada, Mexico and the United States. Millions of fans fly in from every corner of the globe. From an emergency physician’s perspective,…
RICHMOND, CALIFORNIA – JUNE 21: The Amazon Prime logo appears on the side of an Amazon delivery truck on June 21, 2023 in Richmond, California. The Federal Trade Commission (FTC) has sued Amazon, alleging that the company misled millions of customers into signing up for Prime subscription services and intentionally complicated the cancellation process. (Photo by Justin Sullivan/Getty Images)Getty ImagesIf you bought $10,000 worth of Amazon stock in 2006, your investment would be worth over $1.4 million today. You can stop reading now, or maybe not. Wayne Duggan at US News & World Report calculate the above stat. For some…
Doug and Carl interview Andrew Giancola, host of the wildly successful Personal Finance Podcast. Early Retirement – How to start …
The new custom EQ feature will be supported on AirPods Max 2, AirPods Pro 3 and AirPods 4.Prakhar KhannaApple Worldwide Developer Conference (WWDC) 26 was more about fulfilling past promises than making new ones. While we waited for OS-centric upgrades, Apple Intelligence and the much-anticipated Siri AI took center stage at the event. The new iOS 27 update promises to make your iPhone faster and more responsive, but there’s one more feature related to AirPods that I’m excited about. Apple briefly mentioned this announcement in a few sentences at the event, but here’s why it matters.AirPods are all set to…
TOPSHOT – U.S. President Donald Trump receives applause after signing the First Step Act and the Juvenile Justice Reform Act at the White House in Washington, DC on December 21, 2018. However, he has been frustrated by the lack of progress since signing it. An OIG report criticizes Bureau of Prisons efforts (Photo by Jim WATSON/AFP) (Photo by JIM WATSON/AFP via Getty Images)AFP via Getty ImagesThe First Step Act passed in 2018 with rare bipartisan support and a clear promise. Reduce recidivism, expand rehabilitation and reduce the cost of incarceration. Congress backed that promise with billions in funding and an…
Netflix continues its erratic quest for an original lineup of movies, with some surprising hits and other big misses. Plus, there’s the never-ending debate about what should or shouldn’t be allowed in theaters, even for a little while. What is firmly planted on Netflix and only Netflix is Office romancethe new romantic comedy starring Brett Goldstein and Jennifer Lopez. Is it really worth checking out, though? Well, both critics and audiences have given their reviews, and it’s pretty clear that it’s… pretty mediocre.While everyone on Earth obviously knows Jennifer Lopez, you might also know Brett Goldstein as the perpetually angry…
On sale this week: Inflation-protected Treasury securities.It wasn’t that long ago that the real interest rate on these bonds was negative. People lent money to the federal government and were assured that they would get back, with interest, less than they started with.Now the TIPS yield expected in 2056 is 2.7%, almost as high as it has ever been. This bond will outperform the unprotected 2056 standard-issue Treasury, recently paying 5%, if inflation averages at least 2.3% over the next 30 years.Do you think inflation will average above 2.3%? It’s a reasonable assumption. The latest Consumer Price Index came in…
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