Thursday morning news drop
Higher Education’s Role in the Era of the Great Resignation Hidden behind the hundreds of thousands of COVID-19 deaths in the U.S., the failure of thousands of businesses, the pervasive distancing and shut-in lifestyle, has come a tidal wave of resignations of workers from coast to coast. As Anthony Klotz, an organizational psychologist at Texas A&M University who coined the term “the Great Resignation,” observes, “During the pandemic, because there was a lot of death and illness and lockdowns, we really had the time and the motivation to sit back and say, ‘Do I like the trajectory of my life? Am I pursuing a life that brings me well-being?’” (Inside Higher Ed)
We are heading into the most challenging period to own a home since the interest rate surge of the early 1980s In a report to be issued Thursday, CIBC Economics offers some context on rate hikes. Variable-rate mortgage payments don’t generally change as rates rise – instead, the amount of payments directed toward principal as opposed to interest falls. With fixed rate mortgages, only about 20 per cent renew in any one year. Over all, about $350-billion in mortgages will be affected by changing rates in 2022. (Globe and Mail)
What’s the risk of you choosing the wrong mortgage rate? If you believe what financial markets are telling us, today’s lowest variable mortgage rates will more than double in the next few years. If that happens, it means the best floating rates for an uninsured mortgage would jump from about 1.34 per cent today to about 3.09 per cent in three years, assuming lenders maintain similar profit margins and the Bank of Canada hikes interest rates as much as expected. (Globe and Mail)
The Toxic Ten: How ten fringe publishers fuel 69% of digital climate change denial (Center For Countering Digital Hate)
With Climate Pledges, Some Wall Street Titans Warn of Rising Prices Leaders of some of the world’s biggest financial firms say that the rush to transition to clean energy could have unintended consequences for the global economy. (New York Times)
Dues Paid in Full, the Braves Are World Champions This team is about the long haul. This title is a triumph of perseverance. (Sports Illustrated)
For Braves manager Brian Snitker, a long, winding and unlikely journey ends with the dream of a world title. In the end, when the final out was made and a bumpy 45-year journey reached its pinnacle, Ronnie Snitker, the wife of Braves manager Brian Snitker, was not even in the stands watching. (The Athletic)
Tomahawk chop' under scrutiny as Atlanta Braves compete in World Series This comes amid a movement to remove Native American imagery from sports. (ABC News)
Ariel Helwani Won’t Back Down The Mizrahi MMA journalist had big-time broigus with UFC head Dana White and MMA legend Khabib Nurmagamedov. Now that his three-year run at ESPN is over, there’s no telling where independence will take the Nose. (Tablet)
Did Covid Change How We Dream? All around the world, the pandemic provoked strange nocturnal visions. Can they help shed light on the age-old question of why we dream at all? (New York Times
The Great Resignation, Explained in One Chart | WSJ