About a year ago, President Trump pledged to eliminate the national debt "over a period of eight years." But for the first time in history, the national debt surpassed $21 trillion this week, according to the U.S. Treasury. The landmark comes shortly after Congress passed, and Mr. Trump signed, a suspension on the federal debt... Continue Reading →

The World Bank has mandated Commonwealth Bank of Australia to arrange the world's first blockchain bond. The Kangaroo bond, referring to foreign bonds issued in Australia in the local currency, has been named bond-i, an acronym standing for Blockchain Offered New Debt Instrument. (It's also a reference to Bondi Beach, an iconic spot in Sydney.)... Continue Reading →

Parks Project is a new outdoor lifestyle brand with a sole purpose: save the U.S. national parks. After a weekend volunteering in the Santa Monica mountains, friends Keith Eshelman and Sevag Kazanci were struck by the challenges facing America’s underfunded and underappreciated national parks. Inspired by their time working for social enterprise company TOMS, the... Continue Reading →

In the battle between socialism and capitalism, Democrat presidential hopeful Andrew Yang says he doesn’t have to pick a side. Yang, 43, is a New York tech entrepreneur who visited Iowa this weekend as part of his 2020 presidential campaign. He’s putting forth a vision for what he calls “human capitalism,” while also calling for... Continue Reading →

Sen. Bernie Sanders’ “Medicare for all” plan has gained traction among some mainstream Democrats, including possible presidential contenders such as Senators Cory Booker and Kamala Harris. And buried in the details of some recent analyses is an intriguing notion: American businesses, now the biggest source of health care coverage in the United States, could completely... Continue Reading →

The NFL's warmup games are in full swing -- and the National Anthem protests are back. Several players on Thursday took a knee, raised a fist or did not take to the field while the anthem was played before a dozen games as the league's first full week of preseason contests kicked off. The action... Continue Reading →

Western Digital came to Mobile World Congress hoping to prove that great things do come in small packages by unveiling a new 400GB SanDisk Extreme UHS-I microSDXCT card. But that card isn't just large, it's also tipped to be fast with read speeds of up to 160MB/s and write speeds of up to 90MB/s. Western Digital... Continue Reading →

Much to the chagrin of summer party planners, weather is a notoriously chaotic system. Small changes in precipitation, temperature, humidity, wind speed or direction, etc. can balloon into an entirely new set of conditions within a few days. That’s why weather forecasts become unreliable more than about seven days into the future — and why... Continue Reading →

Democratic congressional candidate Alexandria Ocasio-Cortez questioned why Republicans are happy to pay for tax cuts and "unlimited war" but the GOP, and some Democrats, don't see "Medicare-for-all" or other progressive ideas as financially feasible. "People talk about the sticker shock of Medicare-for-all, but not of our existing system," Ocasio-Cortez said during an interview on CNN's... Continue Reading →

While the rest of the economy pointed higher in July, American workers took a step backwards. Hourly and weekly earnings languished when factoring in the rise in cost of living, according to figures the Labor Department released Friday. Average weekly earnings actually decreased 0.2 percent over the one-month period and increased only fractionally from the... Continue Reading →