What I read this week...

The US labor market shows strength in unexpected places, how the bald eagle was chosen as America's emblem of Freedom, and water crises across the globe.

America’s Hot Labor Market Fuels Job Growth in Unexpected Places (WSJ)

Despite rising interest rates and inflation, the U.S. labor market is showing surprising strength, with job growth in unexpected places such as construction and real estate.

How the Eagle Became an Emblem of American Freedom (WSJ)

The bald eagle was chosen as the national symbol of the United States because it is seen as a powerful and majestic bird that represents freedom and strength.

Disney Stock Downgraded Over Streaming, Theme Park Growth Fears (Fox Business)

Disney's stock was downgraded by KeyBanc Capital Markets due to concerns about the company's streaming and theme park businesses.

Interest Rates Cause a Water Crisis (WSJ)

Thames Water's high debt load makes it vulnerable to rising interest rates, which could lead to a financial crisis.

Arizona Is Running Out Of Water. Big Tech Data Centers Are Partly To Blame. (Insider)

Arizona's water crisis is being exacerbated by the increasing number of data centers that are being built in the state. Water is used heavily to cool data processing systems.

Investors Spurn Dividend-Paying Stocks as AI Booms (WSJ)

Investors are shifting their focus away from dividend-paying stocks and towards growth stocks, as artificial intelligence (AI) becomes increasingly popular.

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What a weird yet wonderful world,