Chapter I. The Panic and Its Genesis: Fluctuations in American Business, 1815–21

President Trump on Friday announced the US launched an airstrike in Venezuela that he claimed killed Guerrero Flores, the leader of the Venezuelan gang Tren de Aragua, marking an escalation of the expanding US military campaign in Latin America. Trump said that the strike was launched in coordination with the Venezuelan government, and the cooperation […]

Jane Street Accused Of Using Terra Telegram Backchannel Before UST Crash Authored by Zoltan Vardai via CoinTelegraph.com, A newly unsealed court filing in the Terraform Labs bankruptcy case alleges Jane Street used a private Telegram channel with former Terraform intern Bryce Pratt to obtain nonpublic information before the collapse of TerraUSD. Pratt is currently a systems developer at Jane Street.  The channel, called “Bryce’s Secret,” allegedly gave the quantitative trading firm a backchannel to Terraform insiders as Jane Street unwound exposure to TerraUSD (UST) shortly before the algorithmic stablecoin lost its dollar...

US Govt. Lab Launches Advanced Battery Lab To Help Power Grid Authored by Georgina Jedikovska via Interesting Engineering, The US has recently launched a new battery production line, which is expected to help researchers develop safer and cheaper energy storage technologies for the electric grid. PNNL's new prismatic cell line will allow researchers and industry partners to create, test and demonstrate real-world prismatic cells at an industrially relevant scale. (Andrea Starr/Pacific Northwest National Laboratory)  The new line is housed at the Grid Storage Launchpad (GSL), a 93,000-square-foot research facility. It is run by...