NASA/JPL-Caltech, via Space Science Institute
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NASA revealed that Enceladus, one of Saturn’s moons, has all of the elements necessary to support life. Scientists had already known it had 5 out of the 6 essential elements (aka CHNOPS). What sixth element did they recently discover?
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For the first time in over a year, the Federal Reserve announced this change to interest rates yesterday.
The pause marks a contrast to the previous interest rate increases, a strategy to tame the high inflation rates. The prior hikes occurred 10 consecutive times in the last 15 months. They've made borrowing money more expensive, particularly for mortgages or other loans, like car payments and student loans.
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The E.U.’s antitrust commission has made a formal complaint against Google. In a preliminary opinion, the regulator says Google has abused its dominant position and it must sell off parts of this line of business to resolve conflicts of interest.
This preliminary view means that the E.U. adds to an antitrust suit Google is already facing by the U.S. Justice Department. Google will have a chance to respond to the commission before a final judgment.
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Ex-Starbucks manager Shannon Phillips won a $25 million lawsuit regarding the company's actions after the 2018 arrest of two Black men at a Philadelphia store. On what grounds did she sue the company?
The lawsuit primarily focused on the claim that Phillips and other white employees were unjustly penalized in the wake of the racial incident at the Philadelphia store in 2018. Despite their lack of involvement in the incident, Phillips alleged that Starbucks targeted them as part of their damage-control efforts, which ultimately led to her termination. The jury awarded Phillips $600,000 in compensatory damages and $25 million in punitive damages.
Gabe Ginsberg/Zuma Press
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Renters are in luck. New lease rents are expected to fall, something that has only happened once since the 2008 financial crisis. Which of the following is NOT contributing to the drop in rents?
A, B, and C are all contributing to the U.S. rental market slowing down. In fact, the decline in rents follows a similar trend in home purchase prices, with this year being the biggest year-over-year price decline in the housing market in more than 11 years.
