Newsweek 5/21-5/28/2021

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The Newsweek/Daily Beast Company LLC
37 号


the archives

1969 “Singing with a tortured passion that has become her trademark,” Newsweek reported, “Janis Joplin blew the rock world wide open.” She was “the first female superstar of rock music,” and “hard singing and hard living are her hallmark.” Joplin was a key figure in the movement identified as the “rebirth of blues,” bringing the style back to popularity among both Black and white audiences. She would have turned 78 this year, and her short career continues to influence the musical world, with prominent artists like Stevie Nicks and Pink claiming Joplin as a major influence. 1993 After declining two proposals, Newsweek said that Masako Owada “gave in to her prince.” The diplomat had to “become as familiar with the antiquated ceremonial roles her new position requires as she is today with Japan’s…

too little, too slow, too late is not an option

ON APRIL 22, WE CELEBRATED EARTH DAY. Once more we honored the Earth, talked about our environmental challenges, felt good for having done so, felt depressed about climate change and moved ahead to another year of doing…well, we’re not quite sure yet. But we better do something, and we better do it fast. According to climate scientists (although they vary in their appraisal of how long this could take), there’s no doubt that the trajectory we’re on could lead to social upheaval the likes of which we’ve never seen in the modern era. Entire swaths of nations, even continents, could become uninhabitable due to heat. Such a predicament would create massive food shortages and the implosion of entire economic systems. That in turn would create hundreds of millions of climate refugees, a…

winning at wall street—and life!

WHO DOESN’T WANT TO BE richer and wiser and happier? We all do, sure. But getting there ain’t that easy. So, it is a good thing author/journalist William Green has come along with his new book called, well Richer, Wiser, Happier: How the World’s Greatest Investors Win in Markets and Life (Scribner/Simon & Schuster). The book, available now in all forms of media, takes lessons from some of the more famous money folks and shows us how to apply them to our own everyday lives. “It is remarkable,” Green says. “how consistently the greatest investors talk about…the importance of just avoiding catastrophe, staying in the game (and) surviving dips.” I got to the bottom of that and more with William as part of my Newsweek/LinkedIn interview series, Better, where I talk with…

the winter of discontent

AS INDIA DESCENDED INTO A COVID-19 tragedy that dwarfed anything the country had experienced in the pandemic so far, with hospitals inundated, oxygen supplies short and vaccines reportedly being stolen from warehouses, American politicians seven thousand miles away were clamoring to end pandemic restrictions. Representative Jim Jordan railed at Dr. Anthony Fauci in the House chambers, “You don’t think Americans’ liberties have been threatened the last year, Dr. Fauci? They’ve been assaulted!” Alabama Governor Kay Ivey told Fox News, “We have been at this for more than a year now, and we have simply got to move forward. Endless government mandates are not the answer.” Many Americans are looking forward to a summer of quasi-normal human interactions, where it’s okay to invite your friends for a barbeque, belly up to a crowded…

a vaccine for all occasions

IT TOOK BARNEY GRAHAM, JASON MCLELLAN AND THEIR collaborators just a weekend in January 2020 to design a novel vaccine they believed would be capable of protecting people against COVID-19. Their design formed the basis for the vaccines that Moderna, Pfizer and others would eventually use to inoculate millions of Americans a little more than a year later, a pace of development unprecedented in the annals of modern medicine. By then, however, the two pioneering virologists were already thinking about future pandemics—and how they might get ahead of them. Graham and McLellan are part of a corps of researchers hoping to take the technology they used on COVID-19 vaccines and apply them to an even more futuristic creation: an arsenal of off-the-shelf premade vaccines that could be easily modified to attack new…

the best credit cards of 2021

THE PANDEMIC HAS DRAMATICALLY RESHAPED AMERI-cans’ relationship with credit cards—surprisingly, for the better. Instead of the increased delinquencies, ballooning balances and falling credit scores that might have been expected as the economy struggled and unemployment spiked, the opposite has happened: Balances are down, credit scores are up and credit card issuers are rolling out a red carpet of enhanced rewards to keep consumers spending. According to the Consumer Financial Protection Bureau, balances dropped an average of 10 percent from March to June of last year, and the trend continued through 2020, proving true even for people who had been struggling financially before the pandemic. New delinquencies on loans and credit card accounts also fell, after being flat or increasing gradually in 2019. Experts attribute the improvement to a combination of stimulus payments,…