GOOD NEWS ON INFLATIONARY PRESSURES:
The COVID-19 pandemic raised inflation by snarling supply chains for goods production. That’s over. The Global Supply Chain Pressure Index of the Federal Reserve Bank of New York hit a record low in May. The index covers China, the euro currency area, Japan, South Korea, Taiwan, Britain and the United States. Readings for all regions were below their historical averages in May. Ups and downs in the index “are associated with goods and producer price inflation in the United States and the euro area,” the New York Fed says.
Charting Rise Of Homelessness:
The number of homeless people counted on streets and in shelters around the U.S. has broadly risen this year, according to data from 150 entities that count homeless people in areas ranging from cities to entire states. More than 100 places reported increases in early 2023 counts compared with 2022, and collectively, their numbers indicate the U.S. might see a sharper climb than in recent years. Most major urban areas reporting data so far have seen increases, including Chicago, Miami, Boston and Phoenix.
Phillies Cancer Deaths:
In the wake of the sixth former Philadelphia Phillie to die of brain cancer, suspicions have arisen that a possible cause of their deaths was the “forever chemicals” found in the artificial turf they played on in Veterans Stadium. Ken Brett (2003), Tug McGraw (2004), Johnny Oates (2004), John Vukovich (2007), Darren Daulton (2017), and David West (2022) all died from a deadly form of brain cancer. The stadium was demolished in 2004.
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** The number of people displaced due to global conflict rose to 110 million in 2022, according to the UN.
** Fast-casual restaurant Cava’s IPO last week was such a hit that it now has a market cap close to $5bn, making it more valuable than Wendy’s, Shake Shack or Papa Johns.
** Researchers in Sweden have found that customer’s tend to spend more, and report being happier, when the store plays music.
** Nikola, maker of electric trucks, is cutting 23% of its workforce as the company tries to preserve cash.
THE DATA EXAMINER – A LOOK BACK:
A Good Night’s Sleep
It’s important to understand that while a midday nap will probably replenish your energy enough to get you through your day, said Rebecca Spencer, a sleep science researcher at the University of Massachusetts Amherst, it won’t necessarily negate the health risks that may come with insufficient sleep at night.
As More Americans Use Marijuana, Employers Are Trying To Decide How Much That Matters:
The share of American adults who say they smoke marijuana has eclipsed the number of cigarette smokers, according to recent Gallup data, and expanding legalization has led more companies to scrap employee drug testing. Instead, many are leaning on managers to spot signs that workers are impaired on the job and determine what to do when they are. For one thing, some companies say being high at work isn’t necessarily a fireable offense.
** A 22-year-old man was shot and killed near a Shake Shack in Midtown Manhattan during the evening rush hour, and police were searching for two gunmen hours later. The shooting occurred at about 5:30 p.m. around West 44th Street and Eighth Avenue in the Times Square area, the police said. Officers responding to a 911 call found the man with a gunshot wound to the chest, and he was taken to Mount Sinai West, where he died.
** The National Rifle Association keeps shrinking. Executive Vice President Wayne LaPierre told attendees at the gun-rights group’s most recent board meeting that the organization is down to 4.3 million members, according to multiple sources. That number is corroborated by the group’s November 2022 Financial Statement Package. The NRA is now smaller than it has been since 2012 when internal documents show the group had 4 million members.
** Sen. John Fetterman (D-PA) has been left with “serious mental health” issues and often cannot understand the words that others are saying to him following the stroke that nearly killed him last year. It is reported that Fetterman has to use live audio-to-text transcription for everything that he does.
** The streets of New York are meaner than they’ve been in more than 15 years thanks to soaring felony crimes, new police data reveal. More than 170,000 felony crimes were reported in the Big Apple last year – the most since 2006, when the NYPD first started making such statistics publicly available. The data, released last week, shows a record 172,852 felonies reported in 2022. That’s up 20.4% from 2021, when 143,522 complaints were recorded.
** Owners and staff at Manhattan shops and restaurants said that sales have plummeted – and jobs lost – since City Hall began forking over millions to house migrants in hotels. “We 100% will have to cut shifts, and some people will lose their jobs over the next four weeks,” said Ana Ivkosic, owner of Cafe Wattle, which is located down the block from a 492-room Holiday Inn in the Financial District that began housing migrants earlier this month.
** Stuck in traffic? London, where a 6.2-mile journey takes an agonizing 36 minutes 20 seconds on average, is officially the world’s slowest city to drive in.
** Demand for anti-obesity medications is expected to grow exponentially this year, after a shortage eases up and several new drugs come on the market. But the drugs cost $1,000 a month or more per person – and they need to be taken indefinitely.
The Data Examiner – Readers Have Spoken:
SHOULD FORMER PRESIDENT TRUMP BE INDICTED FOR MISHANDLING CLASSIFIED DOCUMENTS?
We asked Examiner readers in all 50 of the United States and in 26 foreign countries for their thoughts. The Data Examiner readers have spoken.
The Data Examiner:
The median age of Americans reached an all-time high of 38.9 in 2022, according to data from the U.S. Census Bureau. The figure implies half of Americans were younger than 38.9 years last year, while half were older. The median age is up by 0.2 years from 2021 and is nearly half of the average life expectancy of Americans, which was 76.1 in 2022. The median age in 2000 was 35.3, and in 1980, it was 30. The census data also revealed 17 states had a median age above 40 in 2022, with Maine (44.8) and New Hampshire (43.3) leading the group. The states with the lowest median age were Utah (31.9), the District of Columbia (34.8), and Texas (35.5). Hawaii (40.7) saw the largest increase in its median age, up 0.4 years from 2021. No state saw a decrease. Observers say the U.S. data reflect the aging population worldwide.
Uber CEO Gets Behind The Wheel:
Uber CEO Dara Khosrowshahi, in an effort to understand why driver recruitment was down, became an Uber driver. He learned what any of us who’ve worked in a service industry know: Some people are very rude.
THE LAST WALTZ:
Pieces Of Life-Long Wisdom In An Age Of Nonsense
** The FDA approved Zavzpret, Pfizer’s first-of-its-kind nasal spray for migraines. It’s expected to hit pharmacies in July.
** The DOJ is suing Rite Aid, accusing the pharmacy chain of knowingly filling “unlawful” prescriptions for opioids and other controlled substances while ignoring red flags.
** High concentrations of sucralose, a zero-calorie sugar substitute, found to suppress immune responses in mice; new study finds the substance suppresses the replication of T cells, which help fight infections.
** New study suggests a form of LSD that does not induce hallucinations is effective in treating certain types of mood disorders.
** New study links immune system cells in the gut with stress-induced depression; study may lead to new medical interventions for mental health disorders.
** Neuroscientists discover a pair of competing brain regions that prompt female mice to either kill or care for their young; study may shed light on neurological factors in infanticide in humans.
** Some of the nation’s largest transgender “health care” providers are rubber-stamping approvals for life-altering sex-change procedures – and even falsely representing health diagnoses of patients – so insurance companies will cover the medical expenses, Daily Wire host Matt Walsh revealed in a tweet. In an undercover investigation, Walsh and his team discovered how easy it is to get approved for sex-change surgery when one of the host’s producers got a thumbs up for an orchiectomy – a procedure to remove testicles – after just a 22-minute virtual appointment with Plume, the largest transgender health care provider in the U.S.
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** A Portland rioter who was previously given probation for assaulting a federal contract worker was given 12.5 years in jail for killing his 3-month-old infant child. Dakota Kurtis Means, 23, was given the sentence after pleading guilty to one count of first-degree manslaughter and one count of first-degree criminal mistreatment, according to Multnomah County District Attorney Mike Schmidt.
** Alexander Soros – a prolific Democratic fundraiser in his own right who likes to boast about his relationships with world leaders on social media – scored at least a dozen meetings with White House officials in 2022, according to recently updated White House visitor logs. Soros, 37, also participated in two other confabs there in late 2021, the records show.
** Human sonographers and an AI model went mano-a-gizmo in a clinical study at L.A.’s Cedars-Sinai Medical Center, reading heart ultrasounds to see whose initial cardiac health assessments were most accurate. The machines won.
** A group of thieves hacked through the wall of a Seattle coffee shop to access the adjacent Apple Store. They made off with ~$500k in merchandise, including ~436 iPhones.
** New York City’s Black population has declined by nearly 200,000 people, or about 9%, in the past two decades.
** Researchers identify second known person to have a genetic mutation preventing the onset of an inherited form of Alzheimer’s disease; early results suggest mutation may reduce levels of a deformed protein known as tau tangles.
** Home Depot expect its annual sales to decline for the first time in over a decade as consumer spending tightens and demand for home renovation projects continues to soften. The home-improvement chain said that it now projects sales to fall between 2% and 5% in fiscal 2023, rather than stay flat as it had guided for in February.
** Law enforcement officials in Tennessee arrested 40-year-old Victor Rodriguez after he told them that he opened fire at a group of men who were allegedly trying to steal his car from outside his home. The Shelby County Sheriff’s Office charged Rodriguez with one count of felony reckless endangerment with a deadly weapon after the incident.
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