The U.S. trade deficit persists due to fundamental macroeconomic imbalances rather than just export shortfalls. His analysis shows the deficit reflects a persistent gap between domestic saving and investment spending, with the U.S. borrowing from foreign sources to fund domestic investment when savings fall short. This macroeconomic reality means targeting Read more…
On Sunday, the Chicago Sun-Times published an advertorial summer reading list containing at least 10 fake books attributed to real authors, according to multiple reports on social media. The newspaper’s uncredited “Summer reading list for 2025” supplement recommended titles including “Tidewater Dreams” by Isabel Allende and “The Last Algorithm” by Read more…
Spain has ordered Airbnb to remove over 65,000 listings that violate rental regulations, citing missing license numbers and unclear ownership details. The crackdown is part of a broader government effort to address the country’s housing crisis, which many blame on unregulated short-term rentals reducing long-term housing supply. Most of the Read more…
A new study reveals that about 3.8 million years after the solar system’s first solids formed, Jupiter was twice its current size with a magnetic field 50 times stronger, profoundly influencing the structure of the early solar system. Phys.Org approached this question by studying Jupiter’s tiny moons Amalthea and Thebe, Read more…
Google on Tuesday unveiled Veo 3, an AI video generator that includes synchronized audio — such as dialogue and animal sounds — setting it apart from rivals like OpenAI’s Sora. The company also launched Imagen 4 for high-quality image generation, Flow for cinematic video creation, and made updates to its Read more…
America’s regional state universities are experiencing steep enrollment declines, triggering economic crises in the towns that depend on them, while flagship universities continue to thrive. At Western Illinois University in Macomb, enrollment has plummeted 47% since 2010, driving the city’s population down 23% to 14,765. Empty dorms have been repurposed Read more…
There’s a lot of matter around, which ensures that any antimatter produced experiences a very short lifespan. Studying antimatter, therefore, has been extremely difficult. But that’s changed a bit in recent years, as CERN has set up a facility that produces and traps antimatter, allowing for extensive studies of its Read more…