As the United States edges closer to the deadline for a debt default, Wall Street speculators are hoping to capitalize on a crisis by trading credit-default swaps (shivers). We’ll talk about what they are and their role in the 2007-2009 Financial Crisis. Then, California passed a landmark zero-emission rule, but electrifying the state will come with some challenges. Plus, a round of Half-Full/Half-Empty that we hope gets us invited to Bluesky.
Here’s everything we talked about today:










“Bets Offering 2,400% Payout on US Default Lure Growing Crowd” from Bloomberg







“California air regulators approve landmark zero-emission rules for trucks and locomotives” from the Los Angeles Times







“California moves to phase-out diesel-powered trucks, cut locomotive pollution” from Reuters







“Grandchildren of ‘Sound of Music’ Von Trapp Family Form Indie Band” from Rolling Stone







“What’s the future of retail shopping? Snap bets on virtual try-on tech.” from Marketplace







“The Long Demise of the Stretch Limousine” from The New York Times







“People Are Flocking to Jack Dorsey’s New Twitter Alternative” from Futurism







“The Glorious Return of a Humble Car Feature” from Slate







“The Real Problem With Fake Drake” from Billboard





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