This is an edition of Atlantic A daily newsletter that guides you through the biggest stories of the day, helps you discover new ideas and recommends the best in culture. register here. China signals that its three-year battle with COVID-19 is entering a “new stage”. What it looks like will have enormous political and economic …
(Maurie Backmann) Social Security is financially fragile. In future years, the program expects to owe more benefits than it takes in as baby boomers leave the workforce, reducing its main source of revenue, payroll taxes. If lawmakers fail to find a way to pump more money into Social Security, the program may have to cut …
Some lawmakers want to strip social security from high earners. Will this happen? Read More »
Sam Bankman-Fried, co-founder and CEO of FTX, in Hong Kong, China on Tuesday, May 11, 2021. Lam Yık | Bloomberg | Getty Images Former FTX CEO Sam Bankman-Fried blamed his “irrational decisions” on “sh—y” circumstances in a letter obtained by CNBC that was sent to employees of the bankrupt crypto exchange. Bankman-Fried said he “frozen …
A sudden and catastrophic outage of Twitter is unlikely, insiders say. Yet they expect a stream of problems to build up to the point where it can no longer function. With so few employees to share critical work, “Twitter is done,” said one former employee. Twitter’s technical strength is being tested under the leadership of …
