For nearly 50 years, one number barely moved. Every year or two, the General Social Survey asks Americans how happy they are, and for decades the balance between “very happy” and “not too happy” held steady, from 1972 through 2018. But as soon as the pandemic hit, it came cratering down. Sam Peltzman, an economist
President Trump speaks before signing an executive order that calls for changing the childhood vaccine schedule. Jim Watson/AFP via Getty Images hide caption toggle caption Jim Watson/AFP via Getty Images This is a developing story that will be updated. President Trump signed another executive order aimed at trying to upend the way U.S. children are
Investors are hunting for social media startups that can spark new connections and nurture existing ones. “Social media companies started based on connection,” Shawn Carolan, a partner at Menlo Ventures, said of the previous wave of giants like Facebook and Instagram. Carolan said these companies “evolved into media companies” and abandoned that connection. That leaves
“A worker can oppose capitalism while still being forced to sell labor and buy necessities,” the reader wrote to me, “just as a prisoner can oppose incarceration while remaining confined.” Buying a secondhand jacket or a $5 treat—or waiting on a long line in a bout of “democratized snobbery” or “conspicuous waiting”—doesn’t abolish wages, rent,
Returns on AI capex have been a looming question for Wall Street investors, but JPMorgan says that elusive AI monetization is a big reason it’s boosting its S&P 500 price target for the year. The bank’s strategists hiked their target for the benchmark index on Monday, as they eye an “increasingly visible” payoff from the
The stock market has been hot but the job market has been cool, potentially leading some older workers to simply head for the exits sooner than they expected. Friday’s jobs data showed that the overall labor force participation rate ticked down to 61.4% in July, the lowest since early 2021 when the economy was still
