Tuesday 09.12.17

"Prevention is better than cure."
Desiderius Erasmus

World stocks build on record highs as Irma weakens  With tensions surrounding North Korea have eased and reports that Hurricane Irma caused less damage than anticipated, risk appetite has increased and world stocks climbed to record highs today. - Reuters

Apple’s New iPhone Release: What to Expect  Apple will unveil a new luxury version today and here is what to expect. - New York Times

National Debt Tops $20 Trillion For The First Time In History  The outstanding public debt is $20,162,176,797,904.13 as of Sept. 8, up nearly $200 billion since Dec. 30, 2016. The problem isn’t likely to get better anytime soon. The 2017 fiscal year budget ends Sept. 30, and is slated to add another $700 billion deficit to the over $20 trillion in outstanding debt. - Daily Caller

Why American Workers Pay Twice as Much in Taxes as Wealthy Investors  The U.S. has a progressive tax system in the sense that well-paid workers sacrifice much more than poor workers on their “ordinary income.” But Americans with so-called unearned income—qualified dividends and long-term capital gains—get a break. - Bloomberg

These U.S. cities have the best chance of being Amazon’s second headquarters  Recode broke down the data of 20 cities with over a million people to see who has the best chance of winning the online retail giants newest headquarters. - Recode

Venmo is offering users an (ugly) physical debit card  Venmo is launching a beta program where users will be sent a card for free that is attached to their Venmo account. Users can pay with this card in stores and online just like a normal debit card — and the money spent will be debited from their Venmo balance. - Tech Crunch

Photographer wins 'monkey selfie' legal fight  After a two year legal battle, US judges ruled in the favor of the owner of a camera for the copyright protection of a selfie taken by a monkey in the Indonesian jungle. - BBC

Mercedes-AMG reveals 'Project One' road-legal $2.7 million car  Mercedes-Benz finally showed off the Mercedes-AMG Project ONE Showcar at the International Motor Show in Frankfurt yesterday. The beautiful new hypercar that the company’s been teasing for a few weeks time could be yours for just $2.7 million. - The Verge

  The science is in: Exercise isn’t the best way to lose weight

If you do go to the gym and you burn all these calories, it takes you a long time to do so and you put in a great amount of effort, you can erase all of that in 5 minutes by eating a slice of pizza. The relative magnitude is actually quite surprising and most people don't fully appreciate that.

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