Friday morning mega article drop
All the recessions that didn’t happen. The future doesn’t always cooperate with the present because whatever is going to happen hasn’t happened yet. So forecasters are frequently wrong. They’ll never stop forecasting, but their recent track record should make you skeptical every time you hear somebody predicting a recession. (Yahoo Finance)
What Everyone Got Wrong About the Economy—and the Ominous Implications for the Fed: The central bank’s efforts to tame inflation haven’t worked yet. More pain, and a harder landing, could lie ahead. (Barron’s)
New York City’s Luxury Housing Is Now More Expensive Than London’s: A post-pandemic surge of super-prime real estate deals has left the UK capital playing catch-up, according to a new report from Knight Frank. (Bloomberg)
‘Don’t buy eggs. Buy TVs.’ Electronics prices are defying inflation. It’s a great time to buy a TV, phone or laptop. Here’s advice on getting a good deal. (Washington Post)
The Furniture Hustlers of Silicon Valley: As tech companies cut costs and move to remote work, their left-behind office furniture has become part of a booming trade. (New York Times)
The 17 Best EVs Coming in 2023: Electric vehicles went mainstream in 2022, so 2023’s designs will be bold, weird, and wonderful. Here are a few flashes of inspiration. (Wired)
How a shipping error 100 years ago launched the $30 billion chicken industry: The accidental origins of the chicken on your plate, explained. (Vox)
You may have heard of the ‘union boom.’ The numbers tell a different story: Despite a stream of headlines last year about unionization drives throughout the nation, the share of American workers in unions fell to its lowest level on record. What’s going on? (NPR)
Why you don’t trust the media: More competition means it’s better than ever, but you hear more about the flaws (Slow Boring)
How Ben & Jerry’s Ended Up at War With Itself: The activist ice cream brand made the controversial decision to pull out of Israel’s occupied territories. Instead of a humanitarian win, the company set off a legal battle with its owner, Unilever. (Businessweek)
Meet the con man who sold America on ‘fake it till you make it’ Today, “fake it till you make it” has come to represent the scrappy, optimistic mind-set of American hustle culture. But as Turner’s saga shows, there’s a dark side baked into the “fake it” mentality: the fakers who attempt to win success through fraud, then never make good on their promises.(Washington Post)
Zantac’s Maker Kept Quiet About Cancer Risks for 40 Years: Glaxo says the heartburn drug doesn’t cause tumors. But the company was warned by its own scientists and independent researchers about the potential danger. (Businessweek)
Elon Musk fires a top Twitter engineer over his declining view count: Inside Twitter 2.0, turmoil leaves employees stretched to the max. (Platformer)
Yes, Elon Musk created a special system for showing you all his tweets first: After his Super Bowl tweet did worse numbers than President Biden’s, Twitter’s CEO ordered major changes to the algorithm. (The Verge)
Fear Made John McAfee Rich. It Also Ruined Him: The cybersecurity pioneer’s long, strange saga started in Silicon Valley and ended in a Spanish prison. An exclusive story and podcast. (Businessweek)
Diversifying the toy industry didn’t solve entrenched anti-Blackness in America: Studies show that children of color still prefer white dolls — and that speaks volumes to how much anti-Blackness is baked into our society, say experts. (Grid)
Cancel Culture A Story of Highschool Teens (The Cut)
No More Spring Trainings: John Jaso walked away from Major League Baseball at 34, potentially leaving millions of dollars on the table. The sea was calling. (New York Times)
Ranking the Best Moments of LeBron James’s Career: The King is officially the NBA’s all-time leading scorer. Where does Tuesday’s record-breaking moment rank in his illustrious career? (The Ringer)
What the sports world says about LeBron James, NBA’s new scoring leader: ‘An iconic figure’ (The Athletic)