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Yet again, Internet’s effects on us are overstated

The Internet is ruining the universe. (Again). Last week, the most forwarded example of such a grab-your-smelling-salts warning came in the form of Newsweek’s “iCrazy ” cover. It featured a traumatized technophile under the headline “Panic. Depression. Psychosis. How Connection… thailandhotscane

Federal Reserve Announcement

The Federal Reserve today cut its benchmark interest rate for the first time in four years, starting with an aggressive 50 basis points move to 4.75 %. Oil soared to fresh record highs in New York, Wall Street soared on…