Wednesday morning news drop
Tougher mortgage stress test shaves up to 5% off some homebuyers' purchasing power
New rule could reduce the mortgage you qualify for by between $14,000 and $47,000 (Financial Post)
How Big Tobacco Set the Stage for Fake News A coordinated program of public deception that spanned four decades has become a template for modern disinformation (Walrus)
Worsening opioid crisis taking outsized toll on Ontario’s construction workforce An “increasingly volatile” unregulated drug supply is among the reasons cited for the significant increase in opioid-related deaths in Ontario during the pandemic. (On-Site)
The Covid Trauma Has Changed Economics—Maybe Forever Policymakers learned the lessons of 2008 and deployed a wider set of tools to help repair the damage from Covid. They know how to create a recovery, but can they manage the boom? (Bloomberg)
Americans Don’t Want to Return to Lousy Low Wage Jobs The majority of the jobs that aren’t back to prepandemic work force levels are very low-income jobs; they are what the U.S. Private Sector Job Quality Index, which I cocreated, calls low-quality jobs. (New York Times)
Hacking: What Is a Supply Chain Attack? From NotPetya to SolarWinds, it’s a problem that’s not going away any time soon. (Wired)
How Electric Car Designers Are Reimagining Iconic Grilles With their electric vehicles, BMW, GM and Ford are re-inventing the grille in ways both familiar and strange. (Bloomberg)
Three Days in the Theatre of Fairy Creek The drama playing out today was set in motion 150 years ago. One person can change the ending. (Tyee)
The World’s Northernmost Town Is Changing Dramatically Climate change is bringing tourism and tension to Longyearbyen on the Norwegian archipelago of Svalbard (Scientific American)