News from the Control Tower: Our weekly curated list of news stories affecting you and your finances.
This week’s reads include:
A technology enabling the transmission of fake locations to carry out murky or even illegal business operations could have profound implications for the enforcement of international law.
Satellite communications is clearly the next big step for modern wireless networks and devices, and with these latest developments from T-Mobile, SpaceX and others, it’s clear that the technology will be going mainstream very soon.
Of the nation’s largest school districts, those closed the longest have spent an average of just 15% of their share of $122B.
Projects have been bogged down in supply chain delays and staff vacancies have been difficult to fill. Changes in leadership have also taken a toll: Among the 25 largest districts, 16 have lost at least one superintendent during the pandemic.
“August tends to be the lowest response rate for the payroll survey of any month of the year, which makes it subject to some of the largest revisions,” [Diane Swonk, chief economist at KPMG] said. “This number is likely to get revised a lot. It’s a number you have to take with a little bit of a grain of salt.”
France is facing a widespread dearth of Dijon mustard, which news outlets wasted no time in attributing to the war in Ukraine. But the story is a whole lot spicier than that.
Bongo’s Bingo nights mix dance-offs, cheesy giveaways and ’90s nostalgia with the actual game; ‘absolutely the best bit’