Independent thinking for complex markets and current events
NYC dumping record $43B into public schools – at whopping $44K per pupil – despite plummeting enrollment, poor test results https://t.co/RCrJi5xffH pic.twitter.com/wimekawfPD — New York Post (@nypost) May 12, 2026 The numbers don’t add up! New York City is already dumping a record $43 billion into its public schools while spending heaps more per-student than …
More screens haven't made students smarter byu/normaldudeitsfine inworldinsights “For years, schools were told that more screens meant more modern education: laptops, tablets, digital assignments, one device for every student. The test-score data now makes that story look much less clean. In the U.S., 8th-grade math and reading scores peaked around 2013, started falling before the …
A fireworks factory explosion in central China has left dozens dead and many more injured. h/t b4its2l8
Federal education officials painted a grim picture of student achievement Tuesday, releasing test scores that in some grades have fallen to their lowest level in decades. Connecticut’s students outperformed the nation in a standard measure comparing academic achievement across the United States known as the “Nation’s Report Card,” but education union officials said there is …
FOX News reported that Gen Z borrowers’ credit scores have fallen to an average of 676. That number doesn’t just measure financial responsibility. It measures exhaustion. It shows a generation pushed to the edge and forced to make impossible choices. People are not living carelessly. They are paying rent, buying food, filling gas tanks, covering …
Authored by Mike Shedlock via mishtalk, The saga of the bifurcated economy continues. Gen Z getting hammered. Credit Scores Plunge Trump says the economy is booming. But FICO notes credit scores are down for the second year. . CNN comments Credit scores drop at fastest pace since the Great Recession The national average FICO score dropped …
https://qz.com/credit-scores-tank-record-student-loan-delinquencies Borrowers are falling behind on their student loan payments at a record pace — and their credit scores are suffering the consequences, a new report found. More than 10% of consumers with a student loan on their credit file haven’t made a payment in more than 90 days, according to a credit trend report …
BNPL firms are holding back repayment data from credit bureaus. Not to protect late payers. To stop on-time customers from getting punished. “We will not share loan info with the credit bureaus until we see concrete evidence that BNPL data reflecting responsible payment behavior will help, not hurt, the credit scores of our customers.” https://www.investopedia.com/these-2-bnpl-companies-wont-share-your-info-with-the-credit-bureaus-and-that-could-be-a-good-thing-11786128 …
Gage is a new app that keeps a public social credit score on your work habits. “Gagework has introduced what is essentially a social credit score for employees.”https://thewinepress.substack.com/p/tech-startup-introduces-social-credit Users say it feels like “Yelp for humans.” Managers can rate your teamwork, energy, or even mood during a huddle. You might lose points for not giving …
Got a free tractor if I could start it! 🚜💪 Ever scored a lucky farm find like this? Via facebook/speedbumpgarage pic.twitter.com/3ivUOCwdT8 — Joel Stoner ✝️ (@MayorJoelStoner) June 7, 2025
Loan Balance by Borrower Status in the BILLIONS. pic.twitter.com/c9Gp8NZpwj — Amanda Goodall (@thejobchick) June 14, 2025
Today, the feds start collecting on 5 million+ defaulted student loan borrowers with collections. We have a 20.5% delinquency rate (90 days+) – highest ever recorded (TransUnion) Tax refunds will be seized through the Treasury Offset Program. Social Security benefits cut by up… — Amanda Goodall (@thejobchick) May 5, 2025 More Than Half of Subprime …
Nationally, math and English scores were flat or fell. LAUSD did better in fourth-grade math, a bright spot. Students are reading less for pleasure. Instead of hoped-for improvements from pandemic-era campus closures, math and English test scores of fourth- and eighth-graders largely held steady or declined nationwide — results that were about the same in …
A dark web user claimed responsibility for briefly hacking New York University’s website Saturday, and replacing it with what appeared to be student test scores and an apparent racial epithet. Instead of the usual images of college athletes and the Greenwich Village campus, the site featured a black background with green writing showing a message …
The Trump administration is now dismantling the U.S. Department of Education that coming just as congress is racing to prevent a larger government shutdown later this week. h/t dimwitty
Reality is finally starting to set in for a lot of people who thought they would never have to pay back a lot of the debt taken out during the pandemic, specifically student loan debt. Now student loan borrowers who are more than 90 days Delinquent are seeing their credit scores plummet by as much …
JetBlue has cut scores of routes across the US, including several flights from New York’s John F. Kennedy airport to other major American cities. The budget airline is axing flights from JFK to Austin, Houston, Miami and Milwaukee. It is also cutting routes from Westchester, New York, to Charleston, South Carolina, and between Jacksonville and …
Tesla secures a $180 million Megapack contract with EDP Renewables to provide battery energy storage for Arizona’s power grid. The facility will have the capacity to power up to 45,000 homes for four hours during peak electricity demand. Source – https://www.solarpowerworldonline.com/2024/11/salt-river-project-and-flatland-storage-plan-200-mw-bess-in-arizona/
A Judge delays sentencing for Trump despite a Supreme Court ruling that should give him immunity.
Yi Tingyue has a lot going for her. She won a scholarship to China’s prestigious Sichuan University, where she graduated with a master’s in graphic design. She drives an Audi A4 and owns a penthouse apartment on the outskirts of provincial capital Chengdu. Vacations are spent touring Japan, Thailand and the U.S. Little wonder Yi …
BY DAVID HAGGITH Today certainly looks like Powell just landed the plane softly, except that it hasn’t really quite landed yet, and the tarmac is riddled with land mines and maybe a few engine-stuffing goats. Photo by Christoffer Engström on Unsplash Time will tell. It was the most important non-event Fed meeting in recent memory. The Fed did …
The Republican National Committee this week filed election-related lawsuits in Michigan and North Carolina, coming off a Supreme Court victory last week over election procedures in Arizona. An RNC initiative called Protect the Vote has filed more than 100 lawsuits across 25 states and recruited more than 150,000 lawyers and volunteer poll watchers across the country. “We are …
A financial tool that millions of Americans rely on, known as a credit score, could be hiding a sinister secret about your brain health, experts warn. A new study by the New York Federal Reserve and Georgetown University has uncovered a disturbing link between declining credit scores and the onset of Alzheimer’s disease and related dementias (ADRD). The research, …
Major US cities are incorporating cameras into streetlights and traffic lights, reminiscent of China’s surveillance system. In China, these cameras are used to enforce strict regulations like jaywalking, capturing detailed data including genetic information and photographs. Offenders face immediate fines deducted from their bank accounts and may suffer social consequences such as restricted access to …
from Kerry Lutz’s Financial Survival Network Kerry talks to Paul Oster about a range of financial topics, including declining credit scores, evolving pricing strategies of retail stores, student loan debt, housing market concerns, psychological and societal factors in financial decision-making, budgeting for groceries, and debt repayment and financial planning. Speakers emphasized the need for individuals to take control …
The Securities and Exchange Commission scored a major win in its lawsuit against Coinbase on Wednesday, as a judge ruled that its claim that the cryptocurrency exchange engaged in unregistered sales of securities could be heard by a jury at trial. Coinbase’s shares fell around 2.5% on news of the ruling in Manhattan federal court …
By Martin Armstrong The Canadian banking system is set to be radicalized by open banking framework. Proponents are framing this as a way for banks to easily share information and access user data. The truth of the matter is that this is an opportunity to merge social standings with banking to provide government complete control …
You can’t make this up. A California elementary school spent $250k on a program called “Woke Kindergarten” to try to raise test scores. Test scores fell even further. This is “Woke Kindergarten’s” homepage. They promote a “commitment to abolitionist early education and pro-black… pic.twitter.com/BOHZVP1mV5 — Libs of TikTok (@libsoftiktok) February 4, 2024 A Bay Area …
ESG global investments have seen a staggering $5 trillion collapse in just two years. BlackRock and Vanguard strategically utilize ESG scores to influence companies toward woke hiring and climate practices, as explained by BlackRock CEO Larry Fink and the CEO of AmEx. ESG COLLAPSE: ESG global investments have collapsed by $5 TRILLION in just 2 …
