Iris Energy Limited (NASDAQ: IREN), an Australian company that has been mining bitcoin since 2019, is the latest of its kind to go public. The company made its Wall Street debut on Wednesday, Nov. 17. Iris priced its initial public offering at $28 a share Tuesday evening, raising at least $231.5 billion at a… Continue reading Bitcoin Miner Iris Energy Goes Public
D.B. Cooper: The Hijacker Who Got Away
Podcast: Download MYS181: Fifty years ago, Dan Cooper boarded a short flight to Seattle and then hijacked the plane. After getting $200,000 in ransom, he parachuted out of the plane, never to be seen again. Jimmy Akin and Dom Bettinelli ask who he really was, how he pulled off the plot, and what happened to… Continue reading D.B. Cooper: The Hijacker Who Got Away
Half of the World’s Coastal Sewage Pollution Flows from Few Dozen Places
All around the world, sewage gushes out of pipes into rivers and the sea, threatening the health of humans and aquatic ecosystems. Though some individual sites have long been known to be major sources of coastal pollution, “we’ve never had a global understanding of how big the problem is,” says Cascade Tuholske, a geographer at… Continue reading Half of the World’s Coastal Sewage Pollution Flows from Few Dozen Places
Treating Supervised Drug Consumption Sites Like Cannabis
Earlier this month, the U.S. Supreme Court declined to hear arguments about the federal ban on Philadelphia’s proposed supervised drug consumption site. For those wanting to pilot and research these programs, there may be other avenues for addressing federal barriers. Supervised consumption sites—also referred to as supervised injection facilities or overdose prevention sites—are places where… Continue reading Treating Supervised Drug Consumption Sites Like Cannabis
Ford Shares Pop On Raised Guidance, But Company Warns Chip Shortage May Not End Until 2023
Shares of Ford are up 8% in the pre-market session after the company reported mixed results on Wednesday, but raised its full year guidance. The company earned $0.45 per share versus $0.60 per share last year and revenue was down to $35.7 billion from $37.5 billion, according to MarketWatch. Despite the 23% fall in net… Continue reading Ford Shares Pop On Raised Guidance, But Company Warns Chip Shortage May Not End Until 2023
Laws of Logic Lead to New Restrictions on the Big Bang
Yet the task may not be impossible. Just as currents in the Escher-like ocean can be deciphered from their shadows on its boundary, perhaps theorists can read the inflationary story from its final cosmic scene. In recent years, Baumann and other physicists have sought to do just that with a strategy called bootstrapping. Cosmic bootstrappers… Continue reading Laws of Logic Lead to New Restrictions on the Big Bang
How Are the Kids Doing? The Well-Being of Children and the Nation’s Potential
The pandemic has forced concerns about children’s health to the front and center: Is enough attention being paid to their well-being, including education and mental health? Have reopening plans taken children’s needs into consideration and have their potential losses been adequately measured? Could better preparation be put in place to help prepare children for the… Continue reading How Are the Kids Doing? The Well-Being of Children and the Nation’s Potential
GDP Misses As US Economy Grows Only 2% In Q3, Weakest Growth Since Covid Struck
With the Atlanta Fed cutting its GDPNow estimate to just 0.2% yesterday… … there were big worries that today the BEA could reveal a shocker of a number, one far below the rapidly falling consensus estimate of 2.6%. Well, the Q3 GDP number just came out and it was bad, but not nearly as bad… Continue reading GDP Misses As US Economy Grows Only 2% In Q3, Weakest Growth Since Covid Struck
What Is A Sovereign Wealth Fund and How Do They Work?
Sovereign wealth funds (SWFs) are key players in today’s financial markets. These state-controlled entities are means through which nations make investments, by squirrelling away excess revenues. They are mostly based in emerging markets and are meant to provide long term economic stimulus or bring stability to the finances of a government. But despite sharing… Continue reading What Is A Sovereign Wealth Fund and How Do They Work?
The Necessity of Prayer – St. Alphonsus Liguori
One of the errors of Pelagianism was the assertion that prayer is not necessary for salvation. Pelagius, the impious author of that heresy, said that man will only be damned for neglecting to know the truths necessary to be learned. How astonishing! St. Augustine said: “Pelagius discussed everything except how to pray,” though, as the… Continue reading The Necessity of Prayer – St. Alphonsus Liguori