‘Spider Rain’ as Millions of Baby Arachnids on Web Parachutes Fall from Sky

Imagine waking up to millions of baby spiders raining down from the heavens. It sounds like Charlotte’s Web meets Cloudy with a Chance of Meatballs – only a whole lot creepier.
Yet that’s exactly what happened in rural Golburn in the Southern Tablelands of New South Wales, Australia, according to The Sydney Morning Herald.
Ian Watson of Golburn told the paper that he looked up and saw a sky full of little black spiderlings and a tunnel of webs going up for hundreds of meters.
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An Australian naturalist said what’s called “ballooning” is a migration technique used by baby spiders, which climb up on a plant and release a streamer of silk web that is caught by the wind and carried away.
Martyn Robinson of the Australian Museum said the traveling spiders can go quite a distance, and that’s why there are spiders on every continent. They even land in Antarctica, he said, though they don’t last long.
Rick Vetter, an arachnologist, told the website LiveScience that "ballooning” is not unusual among certain types of spiders, but people just don’t notice it.
What is unusual, biology professor Todd Blackledge of the University of Akron in Ohio told LiveScience, is for millions of spiders to be blowing in the wind at the same time. He said the mass migration may have been caused by a sudden change in the weather that carried so many spiders aloft all at once.
The Washington Post says other incidents of so called spider rain have occurred recently in Texas, Brazil and another town in Australia.
Small Business Owners Say They’re Raising Worker Pay
A record percentage of small business owners say they are raising pay for their workers, according to the latest monthly jobs report from the National Federation of Independent Business, based on a survey of 10,000 of the group’s members. A seasonally adjusted net 35 percent of small businesses say they are increasing compensation. “They are increasing compensation at record levels and are continuing to hire,” NFIB President and CEO Juanita Duggan said in a statement accompanying the report. “Post tax reform, concerns about taxes and regulations are taking a backseat to their worries over filling open positions and finding qualified candidates.”
The US Is Running Short on More Than 200 Drugs

The U.S. is officially running short on 202 drugs, including some medical staples like epinephrine, morphine and saline solution. “The medications most vulnerable to running short have a few things in common: They are generic, high-volume, and low-margin for their makers—not the cutting-edge specialty drugs that pad pharmaceutical companies’ bottom lines,” Fortune’s Erika Fry reports. “Companies have little incentive to make the workhorse drugs we use most.” And much of the problem — “The situation is an emergency waiting to be a disaster,” one pharmacist says — can be tied to one company: Pfizer. Read the full story here.
Chart of the Day: Could You Handle a Sudden $400 Expense?

More Americans say they are living comfortably or at least “doing okay” financially, according to the Federal Reserve’s Report on the Economic Well-Being of U.S. Households in 2017. At the same time, four in 10 adults say that, if faced with an unexpected expense of $400, they would not be able to cover it or would cover it by selling something or borrowing money. That represents an improvement from 2013, when half of all adults said they would have trouble handling such an expense, but suggests that many Americans are still close to the edge when it comes to their personal finances.
Kevin Brady Introduces Welfare Reform Bill

The Tax Policy Center’s Daily Deduction reports that Rep. Kevin Brady (R-TX), chair of the House Ways and Means Committee on Friday introduced The Jobs and Opportunity with Benefits and Services (JOBS) for Success Act (H.R. 5861). “The bill would rename the Temporary Assistance for Needy Families (TANF) program and target benefits to the lowest-income households. Although the House GOP leadership promised to include an expansion of the Earned Income Tax Credit as part of an upcoming welfare reform bill, this measure does not appear to include any EITC provisions.” The committee will mark up the bill on Wednesday.