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Companies Start to Lean More on Cost Savings Amid Persistent Inflation

Companies are taking steps to cut costs and improve efficiency after many of them relied more on boosting prices in recent quarters to offset inflation and bolster their bottom lines. Inflation, at 8.3% in April, is at a nearly 40-year high and companies are being squeezed by snarls in global supply chains, higher commodity prices and a tight labor market. Consumer sentiment, meanwhile, has worsened in recent months as prices on items ranging from gas to groceries have risen and demand for larger-ticket products,…

Antarctica’s only active volcano shows how CO2 allows volcanoes to form persistent lava lakes at the surface

Left: 3D visualization from the magnetotelluric scan of Erebus interior (red is most conductive and magma rich); Right: schematic depiction of magmatic processes. Upward flow from a deep crustal valve zone undergoes episodic breakthrough of CO2 and entrained magma. Spatially continuous upflow of CO2-dominated magma is in contrast to depth-limited magma zones of H2O arc volcanoes. Credit: Phil Wannamaker Antarctica has long…

Gucci built a persistent town inside of Roblox

Gucci is making its presence inside of Roblox a little more permanent. The fashion brand previously collaborated with the virtual world for more short-lived experiences, like the surreal Gucci Garden from last year, and is now releasing a more persistent space called Gucci Town. The space features a central garden that links together various areas, including a space for mini-games, a cafe, and a virtual store where players can, of course, purchase virtual Gucci gear for their Roblox avatar. (The company says the…

Persistent Dust Storms Batter Iraq

By Michael Carlowicz, NASA Earth Observatory May 20, 2022May 16, 2022At least eight major events in Iraq have darkened skies and sickened people in the past six weeks.Iraq and other countries of the Middle East have been battered by a series of severe dust storms since the beginning of April 2022. Thousands of people have been hospitalized as a result of two severe storms in the last two weeks, since poor air quality from airborne dust may worsen asthma and other respiratory disorders.As visibility decreased to a few…

US child welfare system is falling short because of persistent child poverty

The researchers' estimates include all taxes and transfers and account for the introductions and expirations of federal pandemic relief efforts. Credit: The Conversation, CC-BY-ND Source: Center on Poverty & Social Policy at Columbia University Although government spending on the child welfare system totaled US$33 billion in 2018, the most recent year for which an estimate is available, it's still failing to meet all…