It feels like every week brings news of another massive outage of some airline’s computer network, resulting in grounded flights and stranded passengers. However, a new report suggests that it’s not that these networks are failing more frequently, so much as it is that the outages are now affecting more people — and those people now have all new venues for airing their grievances publicly. [More]
the big picture
Americans Shopped Less In December, Bought More Furniture And Booze
If you tried to find a parking space at your local mall at any time last month, you might think that Americans were in a spectacular shopping frenzy. That may have been the case, but consumers’ total spending across the whole economy was down in December, falling further than government economists had expected it to. [More]