📚 'Extraordinary' Isn't Always Enough These Days
Plus: CNN+ is shutting down, Why the Federal Reserve has made a historic mistake on inflation, and more ...
To Get Into the Ivy League, 'Extraordinary' Isn't Always Enough These Days. A star student finds herself with a pile of rejection letters during the most competitive college-applications year on record. (Douglas Belkin / Wall Street Journal)
CNN+ is shutting down, effective April 30, sources say. Warner Bros. Discovery is shutting down CNN+ on April 30, just weeks after the stand-alone streaming service launched. CNBC reported last week fewer than 10,000 people were watching CNN+ each day. (Alex Sherman / CNBC)
Why the Federal Reserve has made a historic mistake on inflation. CENTRAL BANKS are supposed to inspire confidence in the economy by keeping inflation low and stable. America's Federal Reserve has suffered a hair-raising loss of control. In March consumer prices were 8.5% higher than a year earlier, the fastest… (The Economist)
Musk Is Exploring Launching a Tender Offer for Twitter. Elon Musk is exploring launching a tender offer for Twitter Inc., after the social media company failed to respond to his offer to buy the company for $54.20 a share. To finance the purchase, “entities related” to Musk have received… (Molly Schuetz / Bloomberg)
Wealthy cybercriminals are using zero-day hacks more than ever. “Ransomware groups have been able to recruit new talent and to use the resources from their ransomware operations and from the insane amounts of revenue they're pulling in in order to focus on what was once the domain of state-sponsored… (Patrick Howell O'Neill / MIT Technology Review)
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