Hackers Breached a Major Hedge Fund to Steal Information on Trades

President Trump attends a wreath-laying ceremony at the Tomb of the Unknown Soldier in May. — Mike Theiler / Reuters

'President Trump Did Disrespect My Son'

David A. Graham

Despite claiming he was better at consoling the families of slain servicemembers than his predecessors, Trump offended the family of La David Johnson and skipped calls and letters to other grieving loved ones.

Thirteen days after Sergeant La David Johnson was killed in Niger, and a day after Donald Trump boasted about his actions to console grieving families in contrast to his predecessors, the president called Johnson’s family Tuesday night.

It didn’t go well.

Representative Frederica Wilson, a Florida Democrat, was with widow Myeshia Johnson when Trump called. “She was crying the whole time, and when she hung up the phone, she looked at me and said, ‘He didn’t even remember his name.’ That’s the hurting part,” Wilson told MSNBC.

“He said, ‘Well, I guess you knew’—something to the effect that ‘he knew what he was getting into when he signed up, but I guess it hurts anyway.’ You know, just matter-of-factly, that this is what happens, anyone who is signing up for military duty is signing up to die. That’s the way we interpreted it. It was horrible. It was insensitive. It was absolutely crazy, unnecessary. I was livid.”

The Populist Right Tears Down a Press It Can't Replace

Conor Friedersdorf

Critics of the mainstream media were quick to charge that Harvey Weinstein’s misdeeds were an open secret, yet none of them were able to expose it.

Last week, the New York Times and The New Yorker published multiple allegations of abhorrent sexual misconduct against the movie producer Harvey Weinstein, drawing on years of costly investigative reporting; risking legal retaliation that could cost millions to litigate; and forcing its subject from his powerful perch in Hollywood, where his ability to lure aspiring film starts into hotel rooms is all but gone.

The episode was a credit to the reporters, editors, and publishers who broke the story; an example of why it is vital to support an independent press that probes wrongdoing; and a spur to examine all the factors that delayed the truth outing for so long, including apparent failures by some journalists and news-gathering organizations.

Have Smartphones Destroyed a Generation?

Jean M. Twenge

More comfortable online than out partying, post-Millennials are safer, physically, than adolescents have ever been. But they’re on the brink of a mental-health crisis.

One day last summer, around noon, I called Athena, a 13-year-old who lives in Houston, Texas. She answered her phone—she’s had an iPhone since she was 11—sounding as if she’d just woken up. We chatted about her favorite songs and TV shows, and I asked her what she likes to do with her friends. “We go to the mall,” she said. “Do your parents drop you off?,” I asked, recalling my own middle-school days, in the 1980s, when I’d enjoy a few parent-free hours shopping with my friends. “No—I go with my family,” she replied. “We’ll go with my mom and brothers and walk a little behind them. I just have to tell my mom where we’re going. I have to check in every hour or every 30 minutes.”

Those mall trips are infrequent—about once a month. More often, Athena and her friends spend time together on their phones, unchaperoned. Unlike the teens of my generation, who might have spent an evening tying up the family landline with gossip, they talk on Snapchat, the smartphone app that allows users to send pictures and videos that quickly disappear. They make sure to keep up their Snapstreaks, which show how many days in a row they have Snapchatted with each other. Sometimes they save screenshots of particularly ridiculous pictures of friends. “It’s good blackmail,” Athena said. (Because she’s a minor, I’m not using her real name.) She told me she’d spent most of the summer hanging out alone in her room with her phone. That’s just the way her generation is, she said. “We didn’t have a choice to know any life without iPads or iPhones. I think we like our phones more than we like actual people.”

The exterior of Stuyvesant High School — Frank Franklin II / AP

Why Parents Make Flawed Choices About Their Kids' Schooling

Gail Cornwall

A new study shows that families act on insufficient information when it comes to figuring out where to enroll their children.

A person trying to choose their next set of wheels might see that car A made it farther than car B in a road test and assume it gets better gas mileage. But that’s only true if the two tanks are filled with the same substance. Putting high-octane gas in one and water in the other, for example, provides little useful information about which car makes the most of its fuel. A new working paper titled “Do Parents Value School Effectiveness?” suggests that parents similarly opt for schools with the most impressive graduates rather than figuring out which ones actually teach best. The study joins a body of research looking critically at what it means for a school to be successful.

Take the work of Erin Pahlke, for example. The assistant professor of psychology at Whitman College saw research showing that girls who attend school only with other girls tend to do better in math and science. The trick, she said, is that those studies didn’t analyze “differences in the students coming into the schools.” As it turns out, those who end up in same-sex schools tend to be wealthier, start out with more skills, and have parents who are more proactive than students who attend co-ed institutions. In a 2014 meta-analysis, Pahlke and her colleagues reviewed the studies and found when examining schools with the same type of students and same level of resources—rather than “comparing [those at] the public co-ed school to [their counterparts at] the fancy private school that’s single-sex down the road”—there isn’t any difference in how the students perform academically. Single-sex schooling also hasn’t been shown to offer a bump in girls’ attitudes toward math and science or change how they think about themselves. In other words, it often looks like single-sex schools are doing a better job educating kids, but they aren't. It's just that their graduates are people who were going to do well at any school. They’re running on high-octane gas.

The downtown streets of New London, Connecticut — John Moore / Getty

What America Is Losing as Its Small Towns Struggle

Brian Alexander

To erode small-town culture is to erode the culture of the nation.

Seventy-five years ago, The Atlantic published an essay by a man named Arthur Morgan. The essay, “The Community—The Seed Bed of Society,” appeared in the February 1942 issue, and was later expanded into a book called The Small Community: Foundation of Democratic Life. Both the essay and the book were arguments on behalf of communities, especially small towns, which Morgan believed had been abandoned by modernity to become “an orphan in an unfriendly world … despised, neglected, exploited, and robbed.”

The social good of such places, Morgan insisted, was being “dissolved, diluted, and submerged by modern technology, commercialism, mass production, propaganda, and centralized government.” While many big-city residents might not worry about the fate of small towns, Morgan believed they should because the “controlling factors of civilization are not art, business, science, government. These are its fruits. The roots of civilization are elemental traits—good will, neighborliness, fair play, courage, tolerance, open-minded inquiry, patience.” These traits are best transmitted from one generation to the next in small communities, he argued, from where they are then spread throughout entire societies. To erode small-town culture was to erode the culture of the nation.

Why Does the Stock Market Keep Going Up?

Derek Thompson

A great mystery of our time

Two things have been true so far in 2017: The news cycle keeps spiraling downward, and the stock market keeps going up.

Consider a brief review of the year’s chaos. In domestic news, Washington’s legislative machine is even more broken than normal, and President Donald Trump—tweeting furiously, while under investigation for possible collusion and obstruction—has oscillated between sympathy for white nationalists and recklessness toward North Korea. A series of historic natural disasters have ravaged Houston, Florida, the U.S. Virgin Islands, Puerto Rico, and northern California. Abroad, the U.K. is sleepwalking toward divorce with Europe, a crisis with a Middle East ally is brewing, and a missile flew over Japan.

Puerto Rico's Environmental Catastrophe

Vann R. Newkirk II

Hurricane Maria has exposed and intensified the island’s ecological crisis and its human consequences. Can it build a sustainable future?

ARECIBO, P.R.—“There’s no way there were just 45 deaths,” said Myrna Conty, an environmental activist whose work takes her regularly across the most remote parts of the island. She scoffed at the radio reports of the official death toll, a common refrain among Puerto Ricans whose personal stories—a cousin who died needing dialysis here, a neighbor who simply hasn’t been heard from there—when multiplied 3.5 million-fold make the official estimate seem impossible.

We’d followed the path that Hurricane Maria’s eye had taken along the highway to the west of San Juan. Three weeks after the storm, the tropical green was just starting to come back, sprouting over the brown wounds of mud and giant trees pulled up from their roots. Here in Arecibo, a small municipality about 40 minutes from San Juan on a good day, high-water marks from the flood stood out on building walls, seven or eight feet high. Obliterated houses marked the deserted hamlets along the road. Smokestacks had been snapped in half and wires lay slack where giant power pylons had fallen. The Río Grande de Arecibo that cuts through the municipality remained an swollen brown expanse, still threatening to drown bridges and homes. Arecibo was a ghost town.

A map using size to show the relative opioid needs that are met by countries around the world in which North America is enormous and Africa and Asia are tiny — Knaul et al / The Lancet

Where the Opioids Go

James Hamblin

While the United States faces an epidemic of narcotic addiction, most of the world dies in pain.

A solution to the U.S. opioid crisis could involve addressing medical shortages around the world.

Jesse Draxler; Photo: David Hume Kennerly / Getty

The First White President

Ta-Nehisi Coates

The foundation of Donald Trump’s presidency is the negation of Barack Obama’s legacy.

It is insufficient to state the obvious of Donald Trump: that he is a white man who would not be president were it not for this fact. With one immediate exception, Trump’s predecessors made their way to high office through the passive power of whiteness—that bloody heirloom which cannot ensure mastery of all events but can conjure a tailwind for most of them. Land theft and human plunder cleared the grounds for Trump’s forefathers and barred others from it. Once upon the field, these men became soldiers, statesmen, and scholars; held court in Paris; presided at Princeton; advanced into the Wilderness and then into the White House. Their individual triumphs made this exclusive party seem above America’s founding sins, and it was forgotten that the former was in fact bound to the latter, that all their victories had transpired on cleared grounds. No such elegant detachment can be attributed to Donald Trump—a president who, more than any other, has made the awful inheritance explicit.

William P. Gottlieb / Library of Congress

Thelonious Monk's Quiet, Slow Conquest of the World

David A. Graham

For decades a respected but somewhat eccentric figure even within the jazz scene, the pianist and composer is at the peak of his influence as he reaches his centennial this month.

The peak of Thelonious Monk’s fame came in 1964, in his 47th year, when his painted portrait—dourly glowering or shyly guarded, depending on the beholder—improbably graced the cover of Time magazine.

Though widely respected by musicians, the pianist and composer had always remained an outlier even in the jazz world, set apart by his singular musical vision as well as his eccentricity, yet his Time cover seemed to represent his ascension to the heights of American culture as a whole.

When the cover was slated to run in November 1963, the nation’s No. 1 hit was the old standard “Deep Purple,” and jazz still seemed dominant. But after John Kennedy was shot, Time bumped Monk. By the time the story ran in February 1964, “I Want to Hold Your Hand” had begun a dominant run as the Beatles’ first No. 1 in the United States. Jazz was over as a mainstream force in American culture and so, arguably, was Monk. From then until his death at just 64, in 1982, he struggled increasingly with ailments physical and mental, stopped writing new music, experienced increasing critical disdain, and finally disappeared from view for nearly a decade.