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Analysts expect a 0.4% year-over-year decline in third-quarter earnings for companies in the S&P 500 index, according to FactSet. Analysts expect America’s biggest bank to report earnings per share of $3.90 and revenue of $39.57 billion for the third quarter, according to Refinitiv. Citigroup, Wells Fargo and BlackRock also report earnings Friday. “Our children are in crisis, and it is up to us to save them,” Hochul said, comparing social media algorithms to cigarettes and alcohol. Those who opt out would receive chronological feeds instead, like in the early days of social media.
Persons: , Michael Arone, Jay Hatfield, ” Hatfield, Banks, JPMorgan Chase, Jamie Dimon, Dimon, Wells, Chris Isidore, Darren Woods, Read, Kathy Hochul, Letitia James, Michael Mulgrew, Sen, Andrew Gounardes, Nily, , ” Hochul, Athena Jones, Brian Fung Organizations: CNN Business, Bell, CNN, Investors, State Street Global Advisors, stoke, Infrastructure Capital Management, JPMorgan Chase, JPMorgan, First, Bank, Citigroup, ExxonMobil, Natural Resources, Midland Basins, New York Gov, New York, United Federation of Teachers Manhattan, New Locations: Wells Fargo, BlackRock, United States, Midland , Texas, Delaware, Midland, New York
“Our children are in crisis, and it is up to us to save them,” Hochul said, comparing social media algorithms to cigarettes and alcohol. Those who opt out would receive chronological feeds instead, like in the early days of social media. Federal lawmakers have introduced a similar bill that would ban kids under 13 from using social media altogether. And numerous lawsuits against social media platforms have accused the companies of harming users’ mental health. Mulgrew called the New York legislation necessary in part due to a lack of action by the federal government to protect kids.
Persons: Kathy Hochul, Letitia James, Michael Mulgrew, Andrew Gounardes, Nily, , ” Hochul, ” James, hasn’t, , TikTok, Mulgrew, ” Mulgrew Organizations: CNN, New York Gov, New York, United Federation of Teachers Manhattan, New, Facebook, Twitter, YouTube, Tech, York Child Data, US Department of Health, Human Services, Social Media, Mental Health Locations: New York, States, Arkansas , Louisiana, Utah, York, United States
Through the power of "early decision," which it first started offering for the freshman class of 2017. At many colleges and universities, the acceptance rate for early decision is more than double that of regular decision. But for many disadvantaged students, early decision is more of a nightmare — one more rigged step in a college-admissions process that is already rigged against them. (The school also admitted another 34% or more of its entering class through early action, a non-binding cousin of early decision.) That won't erase the inherently discriminatory aspects of early decision, but it would make it a little fairer.
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