1. Why inflation looks likely to stay above the pre-pandemic norm: Even as supply-chain snarls ease, wage growth, and price expectations are ticking up. Economist
2. Tesla, Ford, and GM raise EV prices as costs, demand grows: Automakers mark up electric vehicles to offset rising battery-material costs and capitalize on the interest caused by higher gas prices. WSJ
3. Canada needs 5.8 million new homes by 2030 to bring prices down to affordable levels, per the Canada Mortgage and Housing Corporation. A new report from the CMHC says the country's housing stock would need to climb to over 22 million units by 2030 to achieve affordability for everyone living in Canada.
4. Latin music pulled in $886m in the US in 2021, up 35% YoY. The vast majority of that revenue came from streaming.
5. Key to speed? Elite sprinters are unlike other athletes -- deliver forceful punch to ground: New research finds that world-class sprinters attack the ground to maximize impact forces and speed. AAAS
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