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Posts published in “Uncategorized”

Yes, Stephen Hawking Lied To Us All About How Black Holes Decay

The greatest idea of Stephen Hawking's scientific career truly revolutionized how we think about black holes. They're not completely black, after all, and it was indeed Hawking who first understood and predicted the radiation that they should emit: Hawking radiation. He derived the result in 1974, and it's one of the most profound links ever…

Secret Service Seizes $286 Million Of Stolen Pandemic Relief Loans

Topline The Secret Service told reporters Friday it recovered $286 million in Covid-19 relief loans meant for small businesses that were stolen by fraudsters, according to multiple outlets , adding to the total of billions of dollars in pandemic relief funds that investigators say were fraudulently obtained. Key Facts The Secret Service said Friday fraudsters…

More Than Half Of All Bitcoin Trades Are Fake

A new Forbes analysis of 157 crypto exchanges finds that 51% of the daily bitcoin trading volume being reported is likely bogus. W ithin the emerging and turbulent market for cryptocurrencies, where there are no fewer than 10,000 tokens, bitcoin, is the great granddaddy, the blue-chip, representing 40% of the $1 trillion in crypto assets…

California Leads The Way On Electric Vehicles: But Probably Down A Dead End

Clean energy advocates are gaga over California’s new electric vehicle mandates because the size of California’s vehicle market suggests to them that the rest of the nation will have to follow suit, if only because auto manufacturers don’t want to have to segregate markets. The target of 35% of new vehicle sales as zero emission…

Historically Black Fisk University Is On The Rise Once Again

In the 1940s and 50s, Fisk University was vibrant and boasted one of the most impressive faculties in the nation, including writer and poet Langston Hughes , author and composer James Weldon Johnson , sociologist Charles Spurgeon Johnson , poets Arna Bontemps and Countee Cullin , and painter Aaron Douglas . The Nashville-based university was…

White House Slams Republicans Who Criticized Student Debt Relief But Received PPP Loans

Topline The White House caused a stir on Twitter Thursday afternoon by calling out several Republican lawmakers who criticized President Joe Biden's move to forgive up to $20,000 in student loan debt for many borrowers, pointing out that some of the critics’ businesses had more than $1 million in federal loans forgiven as part of…

Student Loan Forgiveness Plan Won’t Make Inflation Worse—Even If It Adds $400 Billion To Deficit, Goldman Says

Updated Aug 25, 2022, 02:58pm EDT Topline President Joe Biden’s historic plan to forgive up to $20,000 in student loans for millions of borrowers quickly drew criticism for potentially threatening to tack on to inflation that’s already reached a decades-long peak, but new analysis concludes his plan likely won’t hike up prices—and could actually help…

GDP Again Flashes Recession Warning Sign: Economy Shrank 0.6% Last Quarter As Experts Warn ‘Worse To Come’

Topline The U.S. economy shrank for a second quarter in a row this year, a second estimate from the Bureau of Economic Analysis confirmed Thursday—once again signaling the start of a technical recession even as economists predict signs of a slowdown will only grow in the coming quarters, likely prompting the government to officially declare…