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Satellite images show impact of West's historic drought on Colorado River region in just 1 year

Newly released satellite images of the Colorado River and Lake Mead in Nevada show the impact the historic drought has had on the region in just one year.

The big picture: The nation's largest reservoir by volume is at its lowest level since being filled after the Hoover Dam's completion in the 1930s — prompting the federal government to this week for the first time declare a water shortage for Lake Mead. The Hoover Dam has been operating below its maximum capacity all summer, and it may drop further.


Lake Mead on the Colorado River on Aug. 8 2020. The West is in the grip of the worst drought of this century, while has been hit by the first climate change-caused megadrought seen in the past 1,200 years, per Axios' Andrew Freedman.Photo: Satellite image ©2021 Maxar Technologies
Lake Mead on Aug. 8 this year. Photo: Satellite image ©2021 Maxar Technologies
An overview of Southern Lake Mead and the Hoover Dam on May 18, 2020. Photo: Satellite image ©2021 Maxar Technologies
An overview of Southern Lake Mead and Hoover Dam on July 27 this year. Photo: Satellite image ©2021 Maxar Technologies
Hemenway Harbor Boat Launch at Lake Mead and Hoover Dam on May 18. Photo: Satellite image ©2021 Maxar Technologies
Hemenway Harbor Boat Launch at Lake Mead and Hoover Dam on July 27. Photo: Satellite image ©2021 Maxar Technologies
The Hoover Dam on May 18. Photo: Satellite image ©2021 Maxar Technologies
The Hoover Dam on July 27. Photo: Satellite image ©2021 Maxar Technologies

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Advocates turn attention on bugs, birds, fish, and plants with racists names

Bugs, birds, fish and plants with names linked to white supremacists may be renamed, as science confronts its own ties to systemic racism.

Why it matters: The national reckoning was inevitably going to pass this way. The sciences have long underrepresented and erected barriers of entry to people of color and there’s a concerted effort for a reset under way in academia, research and hiring.

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U.S. unemployment rate falls to 5.8%, a new pandemic low

The U.S. economy added 559,000 jobs last month, while the unemployment rate fell to 5.8% from 6.1%, the government said on Friday.

Why it matters: The jump in hiring could restore confidence about the job market recovery after April's disappointing gains. Still, forecasters had estimated the economy added 670,000 jobs.

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What Warren Buffett vs. Robinhood says about the era of day-trading and meme stocks

Warren Buffett is the ultimate buy-and-hold, long-term investor; Robinhood is filled, at least in the popular imagination, with day-trading teens rushing in and out of meme stocks and crypto. So it's hardly surprising they've started trading barbs.

What they're saying: Buffett and his partner Charlie Munger described Robinhood at their annual meeting last Saturday as being a "casino group" that is "deeply wrong."

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