A Crystal Cruises ship bound for Miami changed course Saturday and sailed toward the Bahamas when U.S. authorities issued an arrest warrant for the vessel due to unpaid fuel bills, USA Today reported.
What they're saying: "We all feel we were abducted by luxurious pirates!" one passenger posted on Facebook, according to CBS News.
A defamation suit by Sarah Palin, who has spent more than four years battling The New York Times over a corrected editorial, will be heard in Manhattan federal court Monday, Reuters reports.
Why it matters: The trial, expected to last five days, marks a rare instance of a major media company defending its editorial practices before an American jury.
A new metal 3D printing technology could revolutionize the way large industrial products like planes and cars are made, reducing the cost and carbon footprint of mass manufacturing.
Why it matters: 3D printing — also called additive manufacturing — has been used since the 1980s to make small plastic parts and prototypes. Metal printing is newer, and the challenge has been figuring out how to make things like large car parts faster and cheaper than traditional methods.
At the U.S. Conference of Mayors' meeting in D.C. this week, there's buzz around the idea of giving cryptocurrency accounts to low-income people.
Why it matters: Cities have been experimenting with newfangled ways to address income inequality — like guaranteed income programs — and the latest wave of trials could involve paying benefits or dividends in bitcoin, stablecoin or other digital currencies.
Remember "Sideways," one of the best movies of the early 2000s? The story followed two middle-aged friends through a drunken tour of Santa Barbara wine country — and also had lasting affects on the California wine industry.
Why it matters: The 2004 movie affected demand for different wine varietals. Paul Giamatti's character was insistent that "I am not drinking any f--king merlot." In the years that followed, demand for California merlot softened while demand for the character's beloved pinot noir soared.
Millennial homeownership is on the rise — but student loan debt is still keeping millions of members of America's largest generation from owning a home.
Why it matters: Buying a house remains the No. 1 way to build wealth in the U.S.
The IRS will start accepting 2021 tax returns in less than a week, and the filing delays and administrative headaches to come might eclipse last year — which was “one of the worst filing seasons," according to an independent advocacy agency within the IRS.
Why it matters: For taxpayers, especially with complex or paper filings, this means headaches, delayed refunds, and mistakes.
China blocked all four of Disney's Marvel movies from being released in its theaters last year, a grim sign for U.S. film giants being squeezed out of the world's fastest-growing box office.
Why it matters: The Chinese Communist Party is using domestic filmsas a key conduit for mass messaging aimed at achieving political goals, leaving little room for foreign views.
If you happened to change jobs recently, you may have tried to transfer your retirement account from your former employer into an Individual Retirement Account or your new employer's 401(k) plan. If so, you probably encountered a bureaucratic gantlet — and you're not alone.
Why it matters: Kludgey processes around retirement account transfers result in people losing track of their funds, giving up important tax advantages, or otherwise disadvantaging themselves and being less prepared for retirement.
A recurring thread ofpresscoverage suggests that American grocery stores are starting to have so many empty shelves that they resemble the despondent Soviet-era world of scarce food.
Yes, but: It's not so simple. Overall, product availability is consistent with its levels over the entirety of the pandemic — though there are reasons people may be feeling shortage more acutely.
Yes, the pandemic has created unusual temporary labor market dynamics. But in the bigger picture, the 2010s were a golden age for companies seeking cheap labor. The 2020s are not.
The big picture: In the 2010s, the massive millennial generation was entering the workforce, the massive baby bo0m generation was still hard at work, and there was a multi-year hangover from the deep recession caused by the global financial crisis.
