7 Headlines for Friday

Lahaina is already the largest loss of life for elemental disaster on record. HI officials state there are more than 800 people with fates unknown. Locals estimate the total loss will be closer to 2,000. The "reported" missing thought to be low due to entire families perishing with no one to come looking for them. https://www.cbc.ca/news/world/lahaina-wildfires-missing-1.6943399

Data charts plotting the divorce rates by occupation show which career fields are more likely to end before their due time. Actuaries are the All-Time Champs at keeping their marriages together. https://flowingdata.com/2017/07/25/divorce-and-occupation/

Former St. Louis Fed President cites declining CPI (3%) and low unemployment (3.5%) as reasons for optimism. With more earners and low prices, he still thinks the Fed will still need to counter-act inflation with another rate hike. Also said SVB collapse was a good thing. Maybe overconfidence is due to extended use of FDIC cash? Personal income is down 2 points from May to June and personal spending (excluding FOOD and ENERGY) has see-sawed each month this year. Employment numbers are not reliable and spending is verifiably down. This guy is now Dean of Daniels School of Business at Purdue. https://www.msn.com/en-us/money/markets/recession-fears-have-been-blown-out-of-the-water-long-serving-fed-president-says/ar-AA1fEQnZ

Trump was given the inmate number "PO1135809" by the Fulton County Jail, which listed his height as six foot three inches (1.9 meters), his weight as 215 pounds (97 kilograms) and his hair color as "Blond or Strawberry." https://www.enca.com/news/trump-arrested-election-case-mug-shot-released

Subsidies, or mandating winners and losers is diametrically opposed to a free-market economy. See how it looks on paper here: https://www.visualcapitalist.com/sp/visualizing-the-impact-of-g20s-corporate-subsidies/

This is a "duh, no kidding" moment, but Gallup verifies that virtual work engagements cause a drift in mission and loyalty among remote staff. https://www.gallup.com/workplace/509759/remote-workers-organizations-drifting-apart.aspx

College Football starts tomorrow. Will I be watching? Not likely. https://bleacherreport.com/articles/10086925-10-hot-takes-for-the-2023-college-football-season