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Kyle C. Garrison

2402 Posts
U.S. Economy: Has an Era of Increased Productivity Returned?

U.S. Economy: Has an Era of Increased Productivity Returned?

The last time the American economy was posting surprising economic growth numbers amid rapid wage gains and moderating inflation, Ace of Base and All-4-One topped the Billboard charts and denim overalls were in vogue.Thirty years ago, officials at the Federal Reserve were hotly debating whether the economy could continue to chug along so vigorously without spurring a pickup in inflation. And back in 1994, it turned out that it could, thanks to one key ingredient: productivity.Now, official productivity data are showing a big pickup for the first time in years. The data have been volatile since the start of the…
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As Latin America’s Prison Population Explodes, Gangs Seize Control

As Latin America’s Prison Population Explodes, Gangs Seize Control

Ecuador’s military was sent in to seize control of the country’s prisons last month after two major gang leaders escaped and criminal groups quickly set off a nationwide revolt that paralyzed the country.In Brazil last week, two inmates with connections to a major gang became the first to escape from one of the nation’s five maximum-security federal prisons, officials said.Officials in Colombia have declared an emergency in its prisons after two guards were killed and several more targeted in what the government said was retaliation for its crackdown on major criminal groups.Inside prisons across Latin America, criminal groups exercise unchallenged…
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How Sleep Affects Your Mood: The Link Between Insomnia and Mental Health

How Sleep Affects Your Mood: The Link Between Insomnia and Mental Health

It started with mild anxiety.Emily, who asked to be identified only by her first name because she was discussing her mental health, had just moved to New York City after graduate school, to start a marketing job at a big law firm.She knew it was normal to feel a little on edge. But she wasn’t prepared for what came next: chronic insomnia.Operating on only three or four hours of sleep, it didn’t take long for her anxiety to ramp up: At 25, she was “freaking nervous all the time. A wreck.”When a lawyer at her firm yelled at her one…
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Does the PGA Tour have a juice problem, and will Sunday solve it?

Does the PGA Tour have a juice problem, and will Sunday solve it?

LOS ANGELES — It was all going to be so perfect. It had stars. It had records. It had one of the most beautiful stages in all of sports in prime time. It was supposed to be the PGA Tour’s big day.Two weeks ago up in Pebble Beach, Wyndham Clark shot a third-round 60 to break the historic course’s record and take the lead at the AT&T Pebble Beach Pro-Am. The tour couldn’t have drawn up a better Sunday — in theory. It was the off week before the Super Bowl, meaning it practically had the sports calendar to itself.…
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Plans to Expand U.S. Chip Manufacturing Are Running Into Obstacles

Plans to Expand U.S. Chip Manufacturing Are Running Into Obstacles

In December 2022, Taiwan Semiconductor Manufacturing Company, the key maker of the world’s most cutting-edge chips, said it planned to spend $40 billion in Arizona on its first major U.S. hub for semiconductor production.The much ballyhooed project in Phoenix — with two new factories, including one with more advanced technology — became a symbol of President Biden’s quest to spur more domestic production of chips, the slices of silicon that help all manner of devices make calculations and store data.Then last summer, TSMC pushed back initial manufacturing at its first Arizona factory to 2025 from this year, saying local workers…
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Capital One to Acquire Discover, Creating a Consumer Lending Colossus

Capital One to Acquire Discover, Creating a Consumer Lending Colossus

Capital One announced on Monday that it would acquire Discover Financial Services in an all-stock transaction valued at $35.3 billion, a deal that would merge two of the largest credit card companies in the United States.“A space that is already dominated by a relatively small number of megaplayers is about to get a little smaller,” said Matt Schulz, chief credit analyst at LendingTree.Capital One, with $479 billion in assets, is one of the nation’s largest banks, and it issues credit cards on networks run by Visa and Mastercard. Acquiring Discover will give it access to a credit card network of…
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Crew Abandons Cargo Ship After Houthi Missile Attack: Middle East Crisis Live Updates

Crew Abandons Cargo Ship After Houthi Missile Attack: Middle East Crisis Live Updates

An Israeli raid last week has reduced one of Gaza’s biggest hospitals to little more than a shelter for a small, terrified crew of patients and medical staff, while health officials warned on Monday that food and fuel supplies were almost gone at another hospital that has endured a nearly monthlong siege in the same city, Khan Younis.Israel says it is rooting out Hamas activity at the medical centers, which it says Hamas has used to hide military operations — accusations it has made about multiple hospitals in Gaza, backing up some claims with evidence of Hamas tunnels. Hamas and…
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Old and Young, Talking Again

Old and Young, Talking Again

On Fridays at 10 a.m., Richard Bement and Zach Ahmed sign on to their weekly video chat. The program that brought them together provides online discussion prompts and suggests arts-related activities, but the two largely ignore all that.“We just started talking about things that were important to us,” said Mr. Ahmed, 19, a pre-med student at Miami University in Oxford, Ohio.Since the pair met more than a year ago, conversation topics have included: Pink Floyd, in a long exploration led by Mr. Bement, 76, a retired sales manager in Milford Township, Ohio; their religious faiths (the senior conversation partner is…
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Intensity, alter egos and ‘Benjamin Button’: Dan Hurley’s quest to become king of two in a row at UConn

Intensity, alter egos and ‘Benjamin Button’: Dan Hurley’s quest to become king of two in a row at UConn

STORRS, Conn. — It is 1 p.m. on a dismal January afternoon and, aside from a few managers, Gampel Pavilion is empty. The Connecticut players have finished reviewing film but have yet to shuffle in from the practice facility across the street. Dan Hurley stands a few steps behind halfcourt. He’s wearing gray sweats, a hoodie, a UConn beanie and a pair of reflector sunglasses. He would like it noted that he wore the sunglasses “way before Coach Prime.’’Hurley starts launching halfcourt shots, cursing under his breath when the first few attempts clank off the backboard or, worse, airball short…
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Facial Recognition in Airports: Biometrics Technology Is Expanding

Facial Recognition in Airports: Biometrics Technology Is Expanding

On a recent Thursday morning in Queens, travelers streamed through the exterior doors of La Guardia Airport’s Terminal C. Some were bleary-eyed — most hefted briefcases — as they checked bags and made their way to the security screening lines.It was business as usual, until some approached a line that was almost empty. One by one, they walked to a kiosk with an iPad affixed to it and had their photos taken, as a security officer stood by. Within seconds, each passenger’s image was matched to a photo from a government database, and the traveler was ushered past security into…
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