A 14-year-old took home $10,000 for his award-winning investigation into train derailments. Here’s what he found.
Gary Allen Montelongo shows off one of his railroad tracks. Toy trains can be a hobby, or they can be an award-winning science experiment. Gary Allen Montelongo, age 14, just won $10,000 for coding, building mini railroad tracks, and running a model train on them to investigate an infrastructure weakness that can cause trains to…
A Nevada mayor is battling one of the worst housing shortages in the US. Her solution: looser construction regulation.
The mayor of Reno, Nevada, argues that the single best thing city leaders can do to help solve one of the country’s worst housing shortages is to loosen regulations on housing construction. In recent years, Mayor Hillary Schieve has launched a multi-pronged approach to do just that. “Sometimes government needs to get out of the…
The election’s X factorTwitter and TikTok users’ election projections are completely warped. Here’s why.
If you open X or TikTok right now, you might be convinced that Vice President Kamala Harris is going to win the presidential election in a landslide. Donald Trump’s lead is disappearing, even in red states, people say, pointing to fringe polls and purported quotes from campaign insiders. Florida and Texas are turning blue. More…
Fast food chains are locked in a ‘value war’ for US customers
“Consumers have become more discerning,” Moody’s Ratings analyst Michael Zuccaro said in a note. “Value perception is a key driver.” It’s an especially challenging time in the fast food business. As a flurry of summer deals come to an end, quick-serve chains say they’re now locked in a “value war” to win increasingly choosy US…
‘The reversion will eventually come’: A chief strategist says Goldman Sachs and JPMorgan are right to warn of weak returns for the S&P 500 over the next decade
Much has been said about the gloomy outlook for the S&P 500 that some of Wall Street’s largest investment banks conveyed in recent weeks. Goldman Sachs said in October that the S&P 500 would return 3% annually, on average, over the next 10 years, underperforming current 10-year Treasury yields. JPMorgan said in September it sees…
I’m a New Yorker who visited Jackson Hole for the first time. 8 things surprised me.
B-17’s reporter visited Jackson Hole, Wyoming, for the first time and encountered a few surprises. I grew up in the tri-state area, spent some years in Texas, and then moved back to the East Coast to start my life in New York City. That was more than five years ago, and If I’ve learned anything…
Why all eyes are on America’s fallen tech giant Intel, which is losing its spot in the Dow Jones Industrial Average
Intel. Once a Silicon Valley leader, Intel has been a staple of the computer-chip-making business for decades. In the past several years, it has fallen from grace, failing to jump on the AI train in time. The S&P Dow Jones Indices said Friday that Nvidia will replace Intel on the Dow Jones Industrial Average, a…
We heard from over 750 people who have recently struggled to find work. Here are their biggest frustrations with getting hired.
Hundreds of people currently on the job search or who have struggled to find jobs in the past outlined their main frustrations with the process. More than 750 Americans between the ages of 18 and 76 who have recently struggled to find work shared their experiences with B-17. Those insights illustrate some universal frustrations with…
Russia’s defense sector is running on overdrive — but firms are warning of bankruptcy
Russia has injected billions of dollars in military spending but its military companies face mounting borrowing costs. In Russia’s defense sector, demand is surging — but its companies are struggling all the same. The Kremlin is seeking ever more weapons for its attack on Ukraine. But sky-high interest rates are leaving companies struggling to turn…
