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Nate DiCamillo
@Nate_DiCamillo
Economics and finance reporter . Formerly and . Email: ndicamillo@qz.com. He/him. 🏳️‍🌈
Manhattan, NYmuckrack.com/nathan-dicamil…Joined June 2013

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Sequence of events: Rents explode. Homelessness explodes. Some of the newly homeless individuals develop drug addiction because homelessness is torture. Ppl then blame non-housing factors for the homelessness instead of the thing that caused it in the first place: housing costs.
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This. H5N1 is near and dear to my heart, because it was what immersed me in pandemic planning in 2005. The takeaway is - we invested a lot of time and money into planning, then tossed/ignored/dismissed all of it when a pandemic happened. AND we forgot H1N1. We need to go back -
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My thoughts on H5N1: we’ve been here before. We know H5N1 transmits easily in wild & domestic birds. We know H5N1 outbreaks in mink farms be awful. We know H5N1 has very high mortality in people. All this happened last time. And last time, person-to-person spread was minimal.
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scoop 🚨 Binance has acknowledged an error that means it currently keeps reserves for almost half of its 94 Binance-peg tokens ⁠— worth over $539 million ⁠— mixed up with customer funds inside a $16.5 billion exchange wallet
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Behavioral econ is cool, but once we admitted people are irrational, it seems wrong to end up with 50x more work on "we must help people with tiny nudges," vs. "Oh shit, firms must be taking advantage of people like crazy with this stuff."
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Odd that this never made it into any of the Twitter Files
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McCarthy had his general counsel "spend hours" with senior executives at Twitter trying to get Marjorie Taylor Greene back on the platform after she was banned for violating misinformation policies. From @jonathanvswan @CatieEdmondson nytimes.com/2023/01/23/us/
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The Delaware judge overseeing ’s bankruptcy proceedings has approved Sullivan & Cromwell’s motion to be appointed debtors’ counsel, dismissing concerns that the white-shoe law firm has a conflict of interest in the case. reports
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UPDATE: Cigna has approved the scans!!! I appreciate y'all so deeply for making this happen, & Cigna for doing the right thing. But this tweet shouldn't have to go viral for this 2 happen. It's an individual solution to a systemic problem, which is to say no real solution at all.
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Omg the transcript of invoking MLK this weekend to curry favor for her conservative chief justice nom is here and it’s an Onion article, omg. #NoOnLaSalle
"When he was gunned down, assassinated, my family sat there and held hands and wept. How could this be?" Hochul said. "How could this man of God who taught us about nonviolence and social justice and change, and not judging people by the color of their skin, or one or two cases out of 5,000 cases decided."
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"Dr. King called upon us to be just and to be fair, and to not judge people. And that has not been afforded to an individual named judge Hector LaSalle," @GovKathyHochul told a Sunset Park congregation on Sunday. Read the full transcript here: hellgatenyc.com/governor-hochu
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Breaking: my investigation w/ reveals The Natl Restaurant Association’s lucrative scheme: $$ fees unwitting workers pay for ‘food safety certification’ are funneled to cover the costs of the groups’ Goliath battle against higher wages
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Hoping we can gin up digital media’s most insufferable rivalry: Quartz’s pop-up email from Davos vs. Semafor’s. Sign up for the *original* Davos Daily Brief, now in its fourth year and 50K+ readers/illuminati strong: qz.com/emails/davos20
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We'll be producing a daily newsletter out of Davos next week, which has subjected me to relentless mockery from my own staff. Please compensate by DMing your tips, thoughts, threats* You can sign up here: docs.google.com/forms/d/e/1FAI
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I wrote about the strange and legally fraught lawsuit that Seattle Public Schools brought against the companies behind Facebook, Instagram, TikTok, YouTube, and Snapchat. The district blames these companies for spurring a "mental health crisis." In :
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It really is astonishing that core CPI is back at 3.1% on a 3-month annualized basis from a peak of 10.0% in June 2021 (still up moderately from 2.5% in Feb 2020) and the unemployment rate is at 3.5%. That is some seriously good news
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After +1M people in the US died in the Covid pandemic, you might have thought there'd be an after-action review of the country's response & traction for changes so next time goes better. But you'd have been wrong. explores where things stand.
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The deeper I look into the bowels of last week’s job market data, the more I think we can skirt a recession. That’s because businesses aren’t laying off workers and unemployment is at a half century low, but regardless, job market slack is forming, and wage pressures are abating.
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