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☆ Wall Street's 'fear gauge' shows how the stock market has calmed down, at least for now
▼ + stars: | 2024-08-06 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +1 min

.VIX 5D mountain The VIX is well off its highs from Monday as the stock market tries to claw back its losses. The VIX, often called Wall Street's "fear gauge," reflects expected volatility over the next 30 days based on the price of S & P 500 options. "Excluding the current shock, there have been 39 VIX spikes to above 35 in our empirical analysis since 1999. Market shock of this magnitude happens on average more than once per year, but is unlikely to sustain. The lingering question now is whether the concerns that pushed the market into a cascade of selling are alleviated," Krosby said.

Persons: —, Howard Du, yesterday's selloff, Quincy Krosby, Krosby Organizations: Bank of America, LPL

☆ ‘The Love Boat’: How a TV show transformed the cruise industry
▼ + stars: | 2024-02-13 | by ( Tamara Hardingham-Gill | ) edition.cnn.com time to read: +14 min

‘Greatest product placement’"The Love Boat" centered around the adventures of the crew and passenger on board a luxury cruise ship. “‘The Love Boat’ really created the cruise industry,” Michael L. Grace, who worked as a scriptwriter on the program during the 1980s, told CNN Travel in 2022. During the 1980s, almost 40 new cruise ships were constructed, including Tropicale, from Carnival Cruise Lines and Royal Princess, Princess Cruises’ first purpose-built cruise ship. Princess Cruises“The Love Boat” may also have played a part in the heavy entertainment focus we see on modern-day cruise ships. Outlandish musical performances were often featured on “The Love Boat,” and they proved to be a big hit with viewers.

Persons: we’re, Aaron Spelling, Princess Cruise, Jeraldine Saunders, “, Merrill Stubing, Gavin MacLeod, ” Michael L, Grace, Princess, Caribbean's, ”, Carolyn Spencer Brown, Captain Stubing, Adam Bricker, Bernie Kopell, Julie McCoy, Lauren Tewes, Isaac Washington, Ted Lange, Vicki, Jill Whelan, ” Grace, Everett, Peter Knego, Spencer Brown, Dittrich, Keen, Cruises ’, Princess “, Cruises, Della Reese, Ethel Merman, Carol Channing, Ann Miller, Judi Patterson, Andy, Oriana, Patterson, Greer Garson, Howard Duff, Jill Whelan –, Princess Cruises – Bernie Kopell, Fred Grandy, Ezra Freeman, he’s, ” MacLeod, Joe Raedle, Caribbean’s, Isaac, Ted Lange's, Bret Hartman, Knego, ” Spencer Brown, ” Whelan, Cruise Organizations: CNN, Paramount Plus, Princess Cruises, Princess, Everett, CNN Travel, Cruise Media, Cruises, Carnival Cruise Lines, Entertainment, CBS, Knego, “, Disney Cruise, world’s, Princess Cruises Pacific Locations: Mexico, Royal Caribbean, India, New York, Canada, New England

☆ Why doctors used to think drilling into people's skulls could treat mental illness
▼ + stars: | 2023-06-17 | by ( Carla Delgado | ) www.businessinsider.com time to read: +7 min

Lobotomies used to be a horrific way that doctors tried to treat patients with mental illness. Different doctors performed lobotomies differently, but one of the primary approaches was to drill a hole in the side of the skull to access the brain. Doctors thought that severing certain connections in the brain could help treat mental illness. By the 1950s, lobotomies were on their way out, but not before doctors performed over 40,000 of them in the US alone. A drill, shown on the right, is cranked by hand to help doctors access the patient's brain.

Persons: Lobotomies, —, Howard Dully, Dully, Walter Freeman —, National Library of Medicine Lobotomies, lobotomies, Egas Moniz, Mical Raz, Raz, Freeman Organizations: Service, NPR, National Institutes of Health, National Library of Medicine, Singapore Medical, University of Rochester, Library of Medicine Locations: Portugal, Singapore, Europe, North America, California, Tennessee, Colorado, Delaware

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