Monday, 2 February 2026

Why the value of the US dollar is shedding cents

 

Illustration of the US dollar falling

Nick Iluzada

If Benjamin Franklin were around today, he’d probably be battling self-worth issues, as the value of the bills with his face on them plummets. The dollar has sunk 2% against a basket of foreign currencies since the start of 2026 and almost 11% in the past year in a sign that global investors are growing bearish on Uncle Sam.

Dollar dampeners

Earlier this week, the greenback took its biggest one-day plunge since “Liberation Day” tariffs rattled markets in April, when President Trump—who previously spoke in favor of a weaker dollar—said he’s not concerned with the currency’s slide.

While it briefly rebounded the next day after Treasury Secretary Scott Bessent said the administration was pursuing a strong dollar, investors have longer-term dollar disquiet:

  • Geopolitical tensions, like Trump’s recent spat with European allies over his Greenland annexation push, are causing sheepishness about America’s future role in global finance.
  • There are also worries that the Fed’s lowering of interest rates could fuel inflation, and that the US government debt is unsustainable.

And in a sign that the dollar might be losing its status as a popular hedge in times of distress, its value is falling at the same time that fellow safe-haven assets like gold and the Swiss franc surge.

Who gets stronger from a weaker dollar?

A dip in the dollar can help US producers export more, since their goods become cheaper for foreign buyers. It could also boost the bottom line of American multinationals with vast overseas operations—like McDonald’s—as it would inflate revenues in dollar terms, while expenses (like the salaries of stateside executives) remain stable.

On the flip side, a weak dollar makes imports—say, Italian pasta or Taiwanese computer chips—more expensive. It could push up US Treasury bond yields, making it pricier for the government and Americans to borrow money.

Looking ahead: While some analysts caution that the dollar might still be far from rock bottom, others argue against dollar doomerism, citing America’s enduring dominance in global markets.

Sunday, 1 February 2026

CrowdStrike Holdings Inc. is acquiring Seraphic Security Ltd.


CrowdStrike acquires browser security startup Seraphic Security for $400M


SiliconANGLE · 16 hours ago
by Maria Deutscher · NEWS


CrowdStrike Holdings Inc. is acquiring Seraphic Security Ltd., a startup that helps enterprises protect employees’ browsers from online threats. The companies announced the deal today without disclosing its financial terms, though Calcalist pegged the amount at $400 million. Seraphic, which maintains offices in Palo Alto, California, and Israel, previously raised about $37 million from investors.

Saturday, 31 January 2026

A return to office for men only?

 Remote work disparity: Men return to office, women stay home


A return to office for men only? by Gleb Tsipursky, opinion contributor - 01/13/26 9:00 AM ET


Getty Images




A silent reshuffle is unfolding across corporate America. Office towers are refilling with men, while women continue tapping at keyboards from their kitchen tables. Far from a balanced rebound, the return-to-office push has become unmistakably gendered.

Fresh data from the U.S. Bureau of Labor Statistics reveal a striking split: “the share of men who spent some time working at home decreased from 34 percent in 2023 to 29 percent in 2024, while the share of women who did so remained the same (36 percent).” The trend is clear — return to office is happening for men, not for women.


These figures sit atop an historic surge in women’s labor-force engagement. Brookings researchers note that prime-age female participation reached “77.7 percent, slightly below the highest level on record” in May 2025. Much of that momentum comes from mothers who can remain in the workforce precisely because remote options still exist.

Corporate policy explains only part of the divergence. Three structural forces amplify the effect.

One is optics. Managers still equate physical presence with ambition, and annual performance reviews still tend to reward the employee whose face is most often visible in the conference room. The message may sometimes be unspoken, but it’s unmistakable: the corner-office track still runs through the lobby turnstile.

Men, socialized to chase visible advancement, often respond to those cues by booking the earliest train and the latest return, ensuring their badges swipe first and last. Women, balancing caregiving or simply valuing autonomy, may weigh the same cues differently. Many have learned that a polished deliverable submitted at 6 a.m. from the breakfast table travels just as far as a handshake in the bullpen, and they refuse to sacrifice the flexibility that underpins that efficiency.

Moreover, male-dominated occupations in finance, tech infrastructure and heavy industry are facing louder calls to repopulate headquarters. Earnings calls routinely feature CEOs assuring investors that “culture and innovation happen in person,” language that filters down through layers of middle management as mandatory desk days. Women cluster more heavily in functions such as HR, marketing and design — roles that proved remote-friendly during the pandemic and remain so because collaboration happens in cloud-based suites rather than on whiteboards bolted to drywall. These divisions reinforce the gender split every time a new return-to-office memo hits inboxes.

Finally, social expectations. The domestic load still skews female despite modest progress since 2020. Remote work remains the most practical way to integrate school pick-ups, therapist appointments and elder-care errands into a salaried day. Employers tacitly recognize that reality by tolerating women’s flexibility while nudging men to reclaim cubicles. The result is a quiet re-segregation of labor: women secure autonomy at the cost of in-office visibility, while men win face time but surrender work-life balance — an imbalance that now shapes careers, household dynamics and ultimately the leadership pipeline itself.


Retention data in the work-from-home literature link hybrid options to higher job satisfaction and lower turnover; if women keep that benefit while men lose it, companies risk re-segregating career paths along flexibility lines. Career-progression research warns that remote workers, many of them women, already face proximity bias in the form of reduced visibility, fewer promotions and limited mentorship. A scenario in which men gain office face time and women do not could deepen those promotion gaps.

Conversely, male re-entry may backfire for firms hunting scarce talent. The Brookings analysis shows female participation now exceeds its pre-pandemic peaks, suggesting flexible roles attract a crucial share of the workforce. Requiring men to sacrifice that flexibility may push some to greener, hybrid pastures, compounding turnover.

Finally, when male remote days drop, the domestic rebalancing achieved since 2020 may erode, pulling women back into disproportionate housework — an outcome squarely at odds with corporate inclusivity pledges.


The evidence is unmistakable. Remote work in 2025 remains standard for more than a third of working women, as it was last year, yet it is rapidly slipping for men. Promotion politics, industry composition and entrenched social norms have funneled the genders down separate post-pandemic paths. 



Employers crowing about successful return-to-office mandates should look closer: they have engineered a return-to-office for men only, reshaping talent pipelines and, potentially, future leadership ranks. Until advancement metrics truly reward results over chair time and genuine hybrid options extend to all employees, this new, subtler form of workplace inequality will persist.

Redefining commitment — that is, valuing output wherever the laptop sits — is no longer an HR talking point. It is the front line of gender equity in the post-COVID labor market, and the stakes rise each time another man swipes a building badge while his female colleague logs into the morning stand-up from home.

Thursday, 29 January 2026

230m users ask ChatGPT about health

  

ChatGPT Health

Nick Iluzada

Who needs doctors when you can ask a robot if your nagging cough is just a cold or, far more likely, a rare 18th-century pulmonary disease? OpenAI says there are hundreds of millions of you doing the latter.

The AI company behind ChatGPT said that 230 million users ask the chatbot health questions every week. That’s about 29% of the app’s total user base (as of late last year). Health is such a popular topic on ChatGPT that OpenAI announced it’s launching a dedicated experience with “enhanced privacy” to store all of your health-related questions.

The new platform, ChatGPT Health, allows users to connect their medical records and wellness app info. OpenAI stresses that it’s meant “to support, not replace, medical care.” It added that ChatGPT Health is not intended to diagnose or treat illnesses. For that, you still need to be a human with a medical degree.

Tuesday, 27 January 2026

Recreational boaters must renew licences every 5 years - Victoria Times Colonist

Recreational boaters must renew licences every 5 years - Victoria Times Colonist

Recreational boaters now have to renew licences every 5 years

Under the changes, which came into effect Dec. 31, 2025, new and renewed pleasure-craft licences are only valid for five years.
web1_vka-fishing-9789
Boats docked at the Oak Bay Marina. Under vessel licence changes, which came into effect Dec. 31, 2025, new and renewed pleasure-craft licences are only valid for five years. DARREN STONE, TIMES COLONIST

If you own a boat with a motor and use it for pleasure, the federal government says you now have to renew the vessel’s licence every five years.

The licence is the identification number of a boat, similar to a vehicle’s licence plate, and is required for owners of recreational boats with at least one engine and a total of at least 10 horsepower.

Under the changes, which came into effect Dec. 31, 2025, new and renewed pleasure-craft licences are only valid for five years, down from the previous 10 years.

Current lifetime licences will be gradually replaced with licences that must be renewed every five years.

Licence holders will also be required to update their information within 30 days of a change in their name or address, instead of the previous 90 days.

Transport Canada said licences allow emergency responders and law enforcement to quickly identify the owner of a boat, which improves response times in urgent situations and supports efforts to address unsafe or abandoned boats.

The $24 fee for issuing, renewing, transferring or replacing a pleasure craft licence will be updated annually for inflation.

Transport Minister Steven MacKinnon said Canada has more coastline than any other country in the world, and there are about 12 million boaters navigating various waterways around the country.

“Recreational boating is part of who we are as Canadians, and our safety system must keep pace with the way people use our waterways today,” he said in a statement. “By modernizing the pleasure craft licensing program, we’re strengthening marine safety, improving environmental protection and ensuring we have accurate information when it matters most.”

Transport Canada said two years after the regulations take effect, wind-powered pleasure craft over six metres in length will be required to hold a licence.

Since 1999, all Canadians who operate a boat must have a pleasure craft operating card by taking an accredited boat safety course and passing a test.

Sunday, 25 January 2026

Trump ‘Effectively Halts’ All U.S. Offshore Wind Development Despite Booming Power Demand





Trump ‘Effectively Halts’ All U.S. Offshore Wind Development Despite Booming Power Demand
December 20, 2025
Reading time: 3 minutes

Full Story: Grist
Author: Tik Root









NREL/flickr



This story was originally published by Grist. Sign up for Grist’s weekly newsletter here.

The U.S. Department of Interior abruptly paused the leases for five of the nation’s largest proposed offshore wind projects on Monday, effectively halting all ongoing offshore wind development in the United States.

The five leases paused under the order are Vineyard Wind 1, Revolution Wind, CVOW, Sunrise Wind, and Empire Wind. They stretch across coastal waters from Massachusetts to Virginia, and were expected to create hundreds of new jobs. The New York Times said the projects are worth US$25 billion and will deliver enough power generation to serve 2.5 million homes and businesses. The order leaves the U.S. with just two operational offshore wind farms, one off the coast of Rhode Island and the other in the waters of New York, the Times noted.

The moves come as electricity demand in the U.S. is growing for the first time in years, driven in large part by the data centres needed to fuel the artificial intelligence boom. The Biden administration issued the leases to help meet that demand and as part of its goal of shifting the country away from fossil fuels, toward more renewable energy sources.

“This so-called ‘pause’ on offshore wind makes no sense and is an escalation of the administration’s ongoing, baseless attacks on clean energy,” Pasha Feinberg, offshore wind strategist at the U.S. Natural Resources Defense Council (NRDC), said in a statement. “In its ongoing effort to prop up waning fossil fuels interests the administration is taking wilder and wilder swings at the clean energy projects this economy needs.”

In a release announcing the pauses, Secretary of Interior Doug Burgum cited “national security risks,” including technological vulnerability and the proximity of the projects to the East Coast. The department also said unclassified government reports “have long found” that offshore wind projects create radar interference called “clutter.” The clutter, it said, obscures legitimate moving targets and generates false targets in the vicinity of the wind projects.

“Turbines can interfere with radar— this is absolutely nothing new,” Feinberg told Grist in an email. “All developers are required to work with [the U.S. Department of Defense] during design and construction to evaluate potential impacts and avoid or mitigate them”

U.S. national security expert Kirk Lippold, former commander of the USS Cole, told the Associated Press, records show the defense department “was consulted at every stage of the permitting process.” He said the projects would actually be a boon to national security because they would diversify the country’s energy supply. Experts say more wind production would also benefit customers.

Friday, 23 January 2026

McDonald’s is facing a lawsuit over its McRib

 

An illustration of a McRib being looked at under a magnifying glass

Niv Bavarsky

What exactly is in a McRib? The question you’ve been too afraid to ask for fear of the answer is at the center of a class-action lawsuit filed against McDonald’s. The plaintiffs are accusing the fast-food giant of deceiving the public about the contents of its cult-favorite sandwich.

Much like your one ex, the McRib comes into and out of your life with no notice and disappears for long stretches. It returned in a limited capacity in November and, perhaps like that same ex should, it is now facing scrutiny:

  • The federal case, filed in Illinois last month, alleges that the McRib contains lower-grade pork products like heart, tripe, and scalded stomach formed into a rib-shaped patty—but no actual rib meat.
  • The suit alleges that using “rib” in the name allows the restaurant to charge a premium price—as much as $7.99, per McRib Locator—for a non-premium product, creating “millions of dollars in consumer harm.”

McDonald’s told news outlets that the lawsuit “distorts the facts,” and that there are no hearts, tripe, or scalded stomach in the McRib.

What’s next? The four plaintiffs are seeking class certification for anyone who bought the sandwich over the past four years, along with damages and restitution “to prevent further deceptive advertising practices.”

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AI Is Now More Creative Than the Average Human

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