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Ailworth and Faucon describe the ways in which shale oil producers such as Continental Resources in Texas and S. Dakota are responding to the drop in oil prices. One strategy adopted is to put off 60% of the expense of production by not completing the final stages of production of hydraulic fracturing, but keeping the wells ready so that production can quickly be ramped up if prices go to the $60-65 range. EOG Resources, Andarko, Apache, Chesapeake Energy, are also following this strategy. There are about 3000 such wells, not pumping but drilled and ready for hydraulic fracturing, according to RBC Capital Markets estimates. This strategy would mean large shale oil supplies well into the future to keep oil prices low. Production from lower cost wells continues with U.S. oil production climbing to a new high of 9.4 million barrels a day for week ending March 6, 2015, according to federal data. This shows that this is a new situation and the resilience of shale oil supplies may have been underestimated. Another strategy adopted by other large companies such as Exxon is to continue to develop technology by learning to get the oil out of the rock in the most cost efficient way. The capital investment in U.S. shale oil has dropped by $50 billion in 2015 compared to 2014. The number of oil rigs drilling declined to 866 in the U.S. by March 2015, according to Baker Hughes....

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The declining prospects for the power generation industry in Germany.

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Increased hacking of domain names by scraping public directories for information on companies and individuals. A password is hacked or keystrokes detected by diversion to other sites. Once the domain name is stolen, the domain name's users are then transferred to some site in Eastern Europe or Asia. Some small business sites have seen huge sudden drop in users, one with a 80% drop, as a result of this. Result is layoff of employees, loss of revenues, and effort to recover the name. The scam perpetrators hack into the sites, sell information, and try to get ransom for returning the domain name. Small businesses lacking the security are especially vulnerable to new scams.

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Krugman points out the risks for the U.S. economy as the U.S. loses export competitiveness with the euro reaching parity with the dollar. The huge shift from $1.50 to the dollar at one point to parity gives Europe a sudden strong boost. Europe needs the boost to escape a deflationary trap, and there is little that can be done for capital flows and exchange rates, says Krugman. He points out that many Federal Reserve governors were clueless of the impact this could have on U.S. growth, sanguinely assuming the U.S. would boost growth in 2015. Better says Krugman for the Fed to be very careful about raising rates at a time when wage growth is sluggish, and inflation low.

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Stories of children in New York City overcoming adversity to go to college with the help of the New York Times College Scholarship Fund. Children with poor or sick parents in the city, from Pakistan, Bangladesh, Ivory Coast, Ecuador, and other countries.