Highlights of the Week (May 13, 2022)

Happy Friday! 

Now on to the bad news. If you’ve been paying attention to the stock market or financial news headlines, you know that a recession appears imminent. Despite having been through several recessions in my lifetime, I still don’t quite understand what recession means. I found helpful this article, in which several factors were explained, like inflation leading to less money left over for people to invest. In fact, shockingly, $7TN has already disappeared from the U.S. stock market. Where did it go? Apparently, the value has simply vanished. Some industries are benefitting through all this turmoil--namely oil companies and landlords.

Meanwhile, here are the week’s stories from the Daily Stack:

• Monday, we welcomed a guest author from the e-commerce specialists over at The Current. We learned about how technology and fashion intersect. How will the metaverse change how we shop and dress? What’s the future of the dressing room? Find out.

• We released our Leaders in Climate Tech insight on Tuesday, cataloging 25 innovative private companies across climate tech categories. Check out the companies creating meat without the animal and making deliveries by electric helicopter here.

• NFT prices are tanking, but Big Tech wants in. What does the future hold for the strange world of nonfungible tokens? Here is the latest.

• Yesterday we looked at three key areas at the intersection of politics and tech: crypto mining and the EPA, valuations and the Federal Reserve, and net neutrality and the FCC. Check it out.