Robinhood Has Lured Young Traders, Sometimes With Devastating Results

Robinhood users buy and sell the riskiest financial products and do so more frequently than customers at other retail brokerage firms, but their inexperience can lead to staggering losses. From a report: Richard Dobatse, a Navy medic in San Diego, dabbled infrequently in stock trading. But his behavior changed in 2017 when he signed up for Robinhood, a trading app that…

Polynesians and Native Americans met 800 years ago after epic voyage

Some Polynesian people carry genes from Native Americans, which they acquired around AD 1200 – suggesting an epic journey across the Pacific Ocean Source: https://www.newscientist.com/article/2248337-polynesians-and-native-americans-met-800-years-ago-after-epic-voyage/?utm_campaign=RSS%7CNSNS&utm_source=NSNS&utm_medium=RSS&utm_content=home…

US Online Grocery Sales Hit Record $7.2 Billion In June

An anonymous reader quotes a report from TechCrunch: Despite the slow reopening of the U.S. economy over the past several weeks, online grocery shopping is continuing to reach ever-higher numbers as Americans seem to be in no rush to return to the store. According to new research released today by Brick Meets Click and Mercatus, U.S. online grocery sales hit a…

Supreme Court Upholds Cellphone Robocall Ban

An anonymous reader quotes a report from The Associated Press: The Supreme Court on Monday upheld a 1991 law that bars robocalls to cellphones. The case, argued by telephone in May because of the coronavirus pandemic, only arose after Congress in 2015 created an exception in the law that allowed the automated calls for collection of government debt. Political consultants and…

Broadband’s Underused Lifeline For Low-income Users

The federal government’s main program to keep lower income people connected is only serving one-fifth of the people it could help, even during a pandemic that has forced school and work online. From a report: Millions of Americans still lack access to the high-speed internet service that’s become vital as people remain stuck at home and reopenings reverse. The Lifeline program,…

Stanford Economist Predicts Working-From-Home Continues, City Centers Decline

The new “working-from-home economy” will likely continue after the pandemic, predicts Stanford economist Nicholas Bloom, in an article shared by Slashdot reader schwit1. Bloom cites results from several nationwide surveys he’s conducted: We see an incredible 42 percent of the U.S. labor force now working from home full-time. About another 33 percent are not working — a testament to the savage…

Moderate Drinking May Improve Cognitive Health for Older Adults, Study Says

“A new study found low to moderate drinking may improve cognitive function for White middle-aged or older adults,” reports CNN: The findings support prior research which found that, generally, one standard drink a day for women and two a day for men — which is the US guidance — appears to offer some cognitive benefits… “There is now a lot of…

Americans Lag Behind Other Countries — and Pay More for Their Cellphone Service

“American consumers pay significantly more for cellphone service than people in many other countries,” reports the New York Times. It’s in an article headlined “The U.S. Is Lagging Behind Many Rich Countries. These Charts Show Why.” Although executives’ salaries have risen in most countries, relative to those of workers, in recent decades, the trend is more extreme in the U.S… The…

‘Fallout’ TV Series From ‘Westworld’ Creators In the Works At Amazon

According to Hollywood Reporter, “Amazon Studios has licensed the rights to the best-selling video game franchise Fallout, with married writers and showrunners Joy and Nolan attached to oversee the potential TV series.” From the report: The project is currently in development but has a series commitment penalty attached. That means that if Amazon execs like the script, Fallout would bypass the…