JUNE 30, 2004

Full News Archive

• Headline: Supreme Court Blocks Internet Regulation Law. Impact: Blocking that law led to more unregulated online content, paving the way for the rise of cat videos. So, you're welcome! But also, cause and effect: this is why we can't have nice things.. Fact: The Supreme Court's 5-4 decision is the closest thing we have to a real-life coin flip for deciding the fate of the internet. Who knew justice could be so random?.
• Headline: Airlines Face Tough Decisions This Summer. Impact: The fallout from United Airlines' struggles created a ripple effect that eventually led to the rise of budget airlines, meaning we now have more options to be crammed into a flying sardine can. Thanks, United!. Fact: Airline executives are actually just weathered philosophers trying to discern whether it's better to jump or to wait—deep stuff, really..
• Headline: INSIDE. Impact: Colin Powell's efforts to ease aid delivery in Darfur might have influenced future diplomatic strategies, subtly shifting the world's approach to humanitarian crises. Or, you know, it could just be a case of 'we tried and failed'.. Fact: Pressing for aid in Sudan is kind of like trying to get a toddler to share their snacks—it's a lot of work and usually ends in tears..
• Headline: Fed's Expected Rate RiseMay Well Offer a Respite For Other Central Banks. Impact: The Federal Reserve's rate adjustments have serious implications; the ripple effects could turn into waves of economic change. Strap in; the economy is a rollercoaster, but without the fun and excitement.. Fact: Interest rates are like the weather—everyone complains about them, but no one really knows how to change them..