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2024 August


13 of the worst concept cars ever made

13 of the worst concept cars ever made

The Mazda Furai, for being so stunningly beautiful and brilliant and yet never resulting in anything real before disappearing into the oblivion of history by turning into ashes.


Nvidia and Apple want in on OpenAI

Nvidia and Apple want in on OpenAI

Chip giant Nvidia NVDA is in talks with OpenAI about potentially contributing $100 million in funding, Bloomberg reported citing people familiar with the matter.


Schools prepare for a post-ESSER reality

Schools prepare for a post-ESSER reality

A historic influx of federal funding to help K-12 schools recover from setbacks created by the worst global pandemic in modern times has largely been spent without waste or fraud so far — and it has been essential for students' academic recuperation, several education finance and policy experts said.


There are more 401(k) millionaires than ever, Fidelity says

There are more 401(k) millionaires than ever, Fidelity says

Total average 401(k) savings rates grew slightly to 14.2%, thanks to employee and employer contributions remaining at last quarter’s record levels, Fidelity said.


Dual language immersion programs associated with more reading growth for ELs

Dual language immersion programs associated with more reading growth for ELs

English learner students who are economically disadvantaged, have certain disabilities, live with a guardian or foster parent, and are frequently absent from school are associated with worse academic performance on the National Assessment of Educational Progress' reading and math sections.


Bitcoin falls below $60,000 because crypto whales are dumping it

Bitcoin falls below $60,000 because crypto whales are dumping it

Additionally, another 30,000 Bitcoin tokens, worth $1.88 billion at current rates, were moved from a cold wallet to the Binance crypto exchange on Tuesday, as reported by Whale Alert.


This week’s most fabulous real estate listings

This week’s most fabulous real estate listings

Built in 1933, this Sunset Strip estate evokes the magic of Old Hollywood, with luxurious features including a pool, a library, butler’s pantries, a formal dining room and housekeeper’s quarters.


Canada wants to slap massive tariffs on Chinese EVs as BYD looks to enter the market

Canada wants to slap massive tariffs on Chinese EVs as BYD looks to enter the market

Canada’s action comes after BYD disclosed it had hired lobbyists to advise on entering the country’s market and met with Canadian dealers about setting up local dealerships, according to Automotive News.


Southwest Airlines changes are too little too late, activist investor Elliott says

Southwest Airlines changes are too little too late, activist investor Elliott says

Last week, Southwest itself noted in a securities filing that it has also started funding digital ads to promote its defensive campaign, which enlisted an op-ed from former United Airlines CEO Oscar Munoz.


The second-largest diamond ever was just uncovered in Botswana

The second-largest diamond ever was just uncovered in Botswana

Lucara’s chief executive William Lamb said that the company invested in the technology after they began to uncover large quantities of smaller diamonds that appeared to resemble “chewed glass.” It became apparent that there were larger gemstones getting damaged during the retrieval process, the New York Times reported.


Walmart and Target are winning the inflation economy’s endgame

Walmart and Target are winning the inflation economy’s endgame

Micahel Zakkour, chief strategist at business consulting firm 5 New Digital, said consumers are currently “looking for better experiences, small luxuries, deals on staples and a bit of travel over big ticket items and projects.”


Americans think they need $2.5 million to be wealthy

Americans think they need $2.5 million to be wealthy

Younger Americans in particular are expecting the costliest retirement, with Gen Z and millennials projecting that they’ll need more than $1.6 million to live comfortably once they’re in their sunset years.