Amazon shares closed up 13.5% Friday despite news that Prime membership costs will increase for the first time since 2018. If there’s one word to describe the buzz about Amazon today, it’s “up.” Reported revenues? Up. Stock price? Up. Prime membership costs? Going up. Diving into the numbers, the e-commerce titan’s stock price soared over … Continued
Philip Tetlock, a professor at the Wharton School of the University of Pennsylvania, has helped a generation of forecasters hone their prediction skills. At the university’s Good Judgment Project, Tetlock worked alongside his wife and research partner Barbara Mellers to form a team of forecasters so accurate that they outperformed intelligence analysts who had access … Continued
The Luckbox editorial team uses polls to gauge reader sentiment ahead of every issue. This time, the editors posed the same questions to a panel of financial experts. Here’s how the results compare. What will the March Consumer Price Index (to be released mid-April) look like?3%-4% Chris Beauchamp: Pricing pressures are likely to moderate as … Continued
Intelligence Squared U.S.invites some of the world’s brightest thinkers to debate issues of the day. The organization was founded in New York in 2006 to promote intellectual diversity by fostering respect for differing opinions. The debates are organized in the traditional Oxford style. The side that convinces more audience members to embrace its arguments wins. … Continued
Everydays—The First 5000 Days, a JPG file created by the digital artist known as Beeple, sold a year ago at an online Christie’s auction for $69.3 million. The price set a record for an artwork that exists only digitally as a non-fungible token (NFT). That’s a lot of money but far short of the value … Continued
Intelligence Squared U.S.invites some of the world’s brightest thinkers to debate issues of the day. The organization was founded in New York in 2006 to promote intellectual diversity by fostering respect for differing opinions. The debates are organized in the traditional Oxford style. The side that convinces more audience members to embrace its arguments wins. … Continued
Proceeds from the NFT charity auction, which ended on Veterans Day, went to coding bootcamp for veterans Code Platoon. The Luckbox team in August announced the creation of an NFT charity auction as part of its cryptocurrency-themed issue coverage. Three months and more than 10 bids later and the auction officially ended. Longtime tastytrader Kartik … Continued
On November 30th, Luckbox will release it next issue. The following is a sneak preview. To make sure The Issue with Inflation is in your inbox, subscribe for free here. When it became apparent last month that inflation had reached 6.2%—the highest it’s been in 31 years—even the optimists began backing away from the idea that pandemic-related … Continued
New and not-so-new books that captured our attention this month The Age of Surveillance Capitalism: The Fight for a Human Future at the New Frontier of Power By Shoshana Zuboff Shoshana Zuboff came up with the phrase “surveillance capitalism” to describe how companies accumulate wealth and amass power in the new “behavioral futures markets.” As … Continued
The surveillance economy robs you of valuable personal information. Don’t stand for it! Follow these steps to fight back. Devices Choose ‘dumb’ devices over ‘smart’ ones whenever possible. A smart kettle is not necessarily an improvement over a good old-fashioned one, and it represents a privacy risk. Anything that can connect to the internet can … Continued