The Core

For starters, I could try to get frozen somewhere cold and stable. After all, prehistoric people have been found inside Alpine glaciers, such as Oetzi, a man who lived around 5,000 years ago. Or I could go lie down in a desert cave, so long as I sealed myself off from scavengers. Ancient remains up to 10,000 years old have been found preserved in dry caves in Peru. And then there are peat bogs.

The index shows Asia-U.S. West Coast rates at $18,345, six times higher than a year ago, and the price for shipping to the U.S. East Coast quadrupled to $19,620 per forty-foot equivalent unit. Rates from Asia to Northern Europe climbed 4% since last week, and are more than eight times higher than a year ago and 2.5 times more than at the start of the year.

• Wildfires have disrupted inland intermodal traffic on two major rail lines serving the Port of Vancouver, Canada.
• Devastating floods in Europe knocked out factories and river barge service.
• COVID lockdowns have created factory and port backlogs in Vietnam and Malaysia.
• Civil unrest in South Africa forced ocean terminals in Durban to close.
• Typhoon In-fa is causing shipping delays in China.

Silicon Valley is so expensive that people who make $400,000 think they're middle-class

Middle-class Americans earned about $39,000 to $118,000 in 2016, according to Pew's definition, but middle-class incomes vary at the state and city levels.

SYDNEY (Reuters) - Australian surfwear seller Billabong International Ltd (BBG.AX) agreed to a buyout from its top shareholder and major lender Oaktree Capital Management LP on Friday, in a deal valuing the company at about A$197.7 million ($155 million).

The U.S. private equity firm is betting on cost savings and a pick-up in consumer sentiment with its mid-summer buyout of the struggling firm, allowing it to bring brands such as RVCA, Element and Von Zipper into a portfolio already including Quicksilver, Roxy and DC Shoes.