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☆ Ukraine lawmakers just passed a bill that'll allow the country to mimic Russia's tactic of drafting convicts to fight in the war
▼ + stars: | 2024-05-09 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

The bill, if enacted, imitates the Russian approach of using prisoners to fuel its war efforts. AdvertisementLawmakers in Ukraine passed a bill on Wednesday that would allow the country's military to recruit prisoners to fight on the battlefield. The bill, which has yet to be signed into law by Ukrainian President Volodymyr Zelenskyy, will allow Ukraine to mimic the Russian tactic of drafting convicts for their war effort. Related storiesBut while Russia hasn't imposed many restrictions on which prisoners they conscript, the Ukrainian bill is a lot more particular on who gets selected. The passing of the bill comes at a precarious time for Ukraine, which has to reckon with what US officials are calling a reinvigorated Russian army.

Persons: —, Volodymyr Zelenskyy, Vsevolod Vukolov, Russia hasn't, Shulyak, Christopher Cavoli, didn't Organizations: Service, Lawmakers, Russian, Kommersant, Washington Post, Pravda, US, Armed, BI Locations: Russia, Ukraine, Russian

☆ Exiled Saudi colonel says forces were authorized to kill villagers who refused to make way for The Line in Neom
▼ + stars: | 2024-05-09 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

An exiled colonel told BBC News that Saudi Arabia authorized lethal force to clear land for Neom. AdvertisementAn exiled Saudi colonel says Saudi Arabia authorized the use of lethal force to clear the way for its Neom desert megacity. He told BBC News he managed to avoid the mission on fake medical grounds. AdvertisementOne of the villagers, Abdul Rahim al-Huwaiti, was later killed by Saudi authorities, according to Saudi activists. Last year, UN human rights experts said three men protesting the Neom project were sentenced to death.

Persons: Col Rabih Alenezi, —, Alenezi, Abdul Rahim al, Huwaiti, Neom, Fatima al, Shawarbi Organizations: BBC News, Service, Saudi, Business, The, UN Locations: Saudi Arabia, Neom, Saudi

☆ Barron Trump selected to be a Florida delegate at Republican National Convention
▼ + stars: | 2024-05-09 | by ( Kristen Holmes | ) edition.cnn.com time to read: +2 min

CNN —Former President Donald Trump’s youngest son, Barron Trump, was selected by the Florida GOP as an at-large delegate for Florida at the Republican National Convention, according to a list of delegates obtained by CNN. Barron joins several other family members – Donald Trump Jr., Eric Trump and Tiffany Trump – who were also selected. Before Donald Trump’s hush money criminal trial began, his attorneys had asked for May 17 off so that he could attend Barron’s graduation. The Republican National Committee will hold its convention in Milwaukee in July. Last month, the RNC asked the Secret Service to keep protesters farther back from the convention than is currently planned.

Persons: Donald Trump’s, Barron Trump, Barron, – Donald Trump Jr, Eric Trump, Tiffany Trump –, Steve Witkoff, Trump’s, Sergio Gor, Trump, Todd Steggerda, …, ”, Alexi Worley, ” Donald Trump, CNN’s Kate Sullivan, Shania Shelton, Daniel Strauss Organizations: CNN, Florida GOP, Florida, Republican National Convention, Trump, NBC News, Republican National, RNC, Service, Secret Locations: Florida, Milwaukee, Milwaukee’s

☆ 4 flight attendants smuggled millions in drug money out of the US using the crewmember lane at JFK, prosecutors say
▼ + stars: | 2024-05-09 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Using this status, they could access a special security lane at John F. Kennedy International Airport without undergoing typical passenger screening procedures. Advertisement"Flight attendants are ideal for smuggling bulk cash" for this reason, a Homeland Security Investigations special agent wrote in the indictments. Related storiesThe pair believed the money was the proceeds of narcotics trafficking and needed to be transported, according to the indictment. AdvertisementHe said the investigation "exposed critical vulnerabilities in the airline security industry" and has "illuminated methods that narcotics traffickers are utilizing."

Persons: —, — Charlie Hernandez, Sarah Valerio Pujols, Emmanuel Torres, Jarol Fabio, John F, Damian Williams, Hernandez, Pujols, Torres, Fabio, HSI, Ivan J, Arvelo Organizations: Service, Business, US, Office, of, Transportation Security Administration, Kennedy, Homeland Security Investigations, Pujols, Customs, Border, JFK, Delta Airlines, NBC News, Delta Locations: New York, Dominican Republic, Southern, of New York

☆ How Rupert Murdoch quietly helped Mike Johnson survive Marjorie Taylor Greene’s ouster attempt
▼ + stars: | 2024-05-09 | by ( Oliver Darcy | ) edition.cnn.com time to read: +4 min

But Murdoch was an anomaly, to a large degree, in the right-wing media universe. While Murdoch’s power has waned in recent years, his empire continues to serve as the source of gravity in the right-wing media universe. Without Murdoch Media joining the chorus and denouncing Johnson, Greene’s efforts failed to gain enough momentum to actually jeopardize Johnson’s leadership. Instead, Murdoch — invisibly — helped Johnson escape what could have been a dire situation. After all, elsewhere in right-wing media, Johnson was portrayed as a turncoat.

Persons: Rupert Murdoch, —, Mike Johnson, Marjorie Taylor Greene, Johnson, Greene, MOSCOW MARJORIE ”, Murdoch, Tucker Carlson, Steve Bannon, Charlie Kirk, Breitbart, Donald Trump, Ted Shaffrey, vlogs, Trump, Murdoch — invisibly — Organizations: New York CNN, Republican Party, Fox News, Street Journal, New York, MAGA Media, Republican, Democratic Party, GOP, CNN, MSNBC, Murdoch Media, Trump Locations: New York, Ukraine, Johnson

Seoul, South Korea CNN —South Korea’s leader on Thursday said he plans to create a new government ministry to tackle the “national emergency” of the country’s infamously low birth rate as it grapples with a deepening demographic crisis. In a televised address, President Yoon Suk Yeol said he would ask for parliament’s cooperation to establish the Ministry of Low Birth Rate Counter-planning. “We will mobilize all of the nation’s capabilities to overcome the low birth rate, which can be considered a national emergency,” he said. South Korean President Yoon Suk Yeol at a press conference in Seoul, South Korea, on, May 9, 2024. Countries like South Korea, Japan and China, however, have shied away from mass immigration to tackle the decline in their working age populations.

Persons: Yoon Suk Yeol, Yoon, Yoon Suk, Kyung, Fumio Kishida Organizations: South Korea CNN, of, South, AP, Korea, Families Agency Locations: Seoul, South Korea, Korea, Japan, China

☆ Activist Ancora wins three board seats at Norfolk Southern but falls short of ousting CEO
▼ + stars: | 2024-05-09 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +3 min

Norfolk Southern shareholders on Thursday voted to elect three of dissident Ancora's director nominees but fell short of ousting incumbent CEO Alan Shaw. Norfolk Southern's board had fought hard to stave off Ancora's biggest demand: firing current CEO Alan Shaw. The activist had argued that Norfolk Southern should adopt a model known as precision-scheduled railroading, or PSR, which has delivered impressive shareholder returns at other railroads. Government officials, who had previously voiced their support for Norfolk over Ancora, were momentarily silenced by the reversal. ISS recommended that shareholders support five of Ancora's seven picks but did not recommend electing Ancora CEO pick Jim Barber to the board.

Persons: Alan Shaw, William Clyburn, Sameh Fahmy, Gilbert Lamphere, Ancora, Glass Lewis, Jim Chadwick, Frederick DiSanto, Shaw, Ancora's, Jim Barber, Ancora's Chadwick, DiSanto Organizations: Norfolk Southern, Shareholders, Norfolk, ISS, PSR, Government, Labor, Cleveland Locations: . Norfolk, Ohio, Ancora

☆ Kylie McKenzie: Jury awards $9M in damages to tennis player in sexual assault case
▼ + stars: | 2024-05-09 | by ( Ben Morse | ) edition.cnn.com time to read: +5 min

CNN —A jury has awarded $9 million in damages to a tennis player after a court ruled that the United States Tennis Association (USTA) failed to protect her from being sexually assaulted by a coach. “My confidence and my self-esteem was gone,” McKenzie said, “both on and off the court.”On Monday, a jury awarded McKenzie $3 million in compensation and $6 million in punitive damages. Shortly after, Aranda began to coach McKenzie. McKenzie alleges that Aranda remarked on her physical appearance, inquired about her personal life and would instigate inappropriate physical contact with her. With each serve repetition, Coach Aranda would press harder and harder against Plaintiff’s body to the point where Plaintiff would almost tip forward and lose her balance,” the lawsuit says.

Persons: Kylie McKenzie, Anibal Aranda –, “, McKenzie, Aranda, ” McKenzie, ”, Chris Widmaier, –, ” Widmaier, Michael Chow, Robert Allard, McKenzie “, Aranda’s, Anibal Aranda, John Raoux, Aranda groped, Jane Doe ”, Jane Doe Organizations: CNN, United States Tennis Association, USTA, Court, Athletic, USA, AP, US Center, SafeSport Locations: American, Orlando , Florida, Arizona, Republic, Orlando, Aranda, New York

But the cameras stopped rolling when Walid al-Omari, the network’s bureau chief in Ramallah, in the West Bank, ordered all of them to go home. Israeli authorities descended on a room used by Al Jazeera in the Ambassador Hotel in East Jerusalem, confiscating broadcast equipment. Al Jazeera, the influential Arab news network, says it will continue reporting and broadcasting from the Gaza Strip and the West Bank. The shutdown order, which lasts 45 days and can be renewed, was a break long in the making. Mr. al-Omari said that soon after the Israel-Hamas war began in October, the network stopped using an office in West Jerusalem, saying that far-right Israelis had used intimidation tactics against the staff there.

Persons: Al, Walid al, Al Jazeera, Omari Organizations: West Bank, Al, Gaza, Hamas Locations: Israel, Al Jazeera, West Jerusalem, East Jerusalem, Lebanon, Tel Aviv, Ramallah

☆ Generative AI's disinformation threat is 'overblown,' top cyber expert says
▼ + stars: | 2024-05-09 | by ( Ryan Browne | ) www.cnbc.com time to read: +1 min

In APAC alone, there was a surge in deepfakes by 1530% from 2022 to 2023, according to a Sumsub report. But one top expert is going against the grain, suggesting instead that the threat deep fakes pose to democracy may be "overblown." However, new generative AI tools do "threaten to make the generation of fake content easier," he added. In any case, it is unlikely that the generation of content is limiting attackers," Lee said. Experts have previously told CNBC that they expect AI-generated disinformation to be a key risk in upcoming elections around the world.

Persons: Martin Lee, Lee Organizations: Cisco's, CNBC Locations: deepfakes

☆ A whistleblower at Boeing's supplier said he 'almost grew a fear of flying' from working 12 years there
▼ + stars: | 2024-05-09 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewA former employee of Boeing supplier Spirit AeroSystems said he nearly developed a fear of flying because of what he saw during his 12-year stint inspecting aircraft fuselages there. "Working at Spirit, I almost grew a fear of flying," said Paredes. Paredes told CBS that he once sent an email pushing back against his managers' requests to speed up inspections and then was removed from his leadership position. Spirit AeroSystems did not immediately respond to a request for comment outside regular business hours by Business Insider.

Persons: —, Spirit AeroSystems, Santiago Paredes, Paredes, Kris Van Cleave, Spirit, John Dean, Max, AeroSystems Organizations: Service, Boeing, Spirit, CBS News, Business, CBS, Alaska Airlines, Federal Aviation Administration, National Transportation Safety, BBC, BI Locations: Wichita, Spirit's Wichita

☆ Chip designer Arm's shares plunge 8% after disappointing revenue guidance
▼ + stars: | 2024-05-09 | by ( Ryan Browne | ) www.cnbc.com time to read: +1 min

Shares of British chip designer Arm fell 8.22% in premarket trading on Thursday, as disappointing revenue guidance clouded a positive sales quarter driven by demand for artificial intelligence applications. Arm reported fourth-quarter revenue of $928 million Wednesday, marking a 47% year-over-year rise. Arm's royalty revenues, meanwhile, grew 37% year-over-year to $514 million, with the company citing increasing penetration of its recently introduced Armv9-based chips. For the 2025 fiscal year, Arm expects revenue to come in between $3.8 billion and $4.1 billion. Analysts were expecting full-year 2025 revenue of $4 billion.

Persons: Arm

☆ Home prices are falling in parts of Florida and Texas as buyers tap out and supply outpaces demand
▼ + stars: | 2024-05-09 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

Home prices are falling in parts of Florida and Texas even as they soar nationally. Sale prices only dropped in 15 of 221 metro areas last quarter, and five were in those states. High prices, steeper mortgage rates, and supply catching up with demand help explain the declines. AdvertisementHome prices are falling in parts of Florida and Texas as buyers tap out and supply catches up with demand. AdvertisementThe takeaway is that a combination of sky-high prices, steeper mortgage rates and other costs like insurance squeezing buyers' budgets, and supply catching up with demand has resulted in prices flatlining or falling in parts of Florida and Texas, bucking the national trend.

Persons: —, Fort Myers, Redfin, Coral Organizations: Service, National Association of Realtors, Fort, Fort Walton, Austin, Rock, NAR, Panama City, Homeowners, Federal Locations: Florida, Texas, Panama City, Crestview, Fort, San Antonio, New Braunfels, Lac , Wisconsin, Illinois, Kankakee, Rockford, Champaign, Urbana, Austin, Panama

☆ The Pre-Market Rundown 2: May 9, 2024
▼ + stars: | 2024-05-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Pre-Market Rundown 2CNBC brings you fast, accurate, and actionable business news and market updates.

Organizations: CNBC

☆ A woman couldn't understand why she wasn't losing weight after trying diets, exercise, and medication. A test revealed she was missing crucial gut microbes.
▼ + stars: | 2024-05-09 | by ( Kim Schewitz | ) www.businessinsider.com time to read: +5 min

Kimmie Gilbert couldn't seem to lose weight despite trying diets, exercise, and medication. Research suggests that gut microbiome composition might play a role in a person's weight. AdvertisementKimmie Gilbert has one pressing question: "What in the world are y'all eating that I'm not eating that causes y'all to lose weight and not me?" In 2019, health tech had a global market value of approximately $350 billion, according to McKinsey. A microbe called Prevotella, which is associated with weight loss, wasn't found at all in her gut.

Persons: Kimmie Gilbert couldn't, Gilbert, —, Kimmie Gilbert, y'all, Eran Segal, Annie Gupta, Goodman, Rob Knight, Jack Gilbert, wasn't, Gupta, Prevotella, Segal Organizations: Service, Netflix, McKinsey, BMI, Weizmann Institute of Science, UCLA, Luskin, UC San Diego Locations: New Orleans

☆ Trump trial: Stormy Daniels cross-examination ramps up
▼ + stars: | 2024-05-09 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +1 min

Court sketches of Stormy Daniels as she offers unflattering testimony about sex with Trump Artist: Jane RosenbergThis is developing news. Porn star Stormy Daniels will face cross-examination Thursday by lawyers for Donald Trump, after her first turn on the witness stand drew an angry reaction from the former president. Trump's attorneys, who began questioning Daniels on Tuesday afternoon, will likely continue their efforts to undermine her credibility and raise doubts about her account of having sex with Trump. The alleged one-night stand is a key component of the criminal hush money trial in Manhattan Supreme Court. Stormy Daniels arrives at Manhattan Criminal Court on May 09, 2024 in New York City.

Persons: Stormy Daniels, Jane Rosenberg, Donald Trump, Daniels, Judge Juan Merchan, Michael M, audibly, Merchan, Trump Organizations: Trump Artist, Trump, Criminal, Santiago, Getty Locations: Manhattan, New York City

☆ Pasco Japan: Rat parts found in sliced white bread, sparking recall
▼ + stars: | 2024-05-09 | by ( Chris Lau | Himari Semans | ) edition.cnn.com time to read: +3 min

Tokyo CNN —A major Japanese food supplier has recalled more than 100,000 packs of a popular brand of sliced white bread after rat parts were found inside some loaves. They were found in a batch of white “chojuku” bread — or super fermented bread, known for its extra chewy texture — manufactured by a factory based in western Tokyo prefecture, according to the company. White bread is a staple for many Japanese people when they feel like a Western-style meal, or “yoshoku,” as an alternative to traditional Japanese food. Founded in 1920, Pasco is a major supplier of baked goods that employs more than 3,700 staff at 12 factories across the country. The 15-second commercial, released months ago, features a family excitingly declaring their love of good toast as breakfast, accompanied by a voice-over saying: “We put nothing unnecessary in it.”“⁠I love chojuku bread.

Persons: Warabeya Nichiyo, ” Organizations: Tokyo CNN, Pasco Shikishima Corporation, CNN, Kobayashi Pharmaceutical, Warabeya, Reuters Locations: Pasco, “, Tokyo, Japan, Saitama

☆ Amid pomp and propaganda, Russia holds Victory Day military parade as war rumbles on
▼ + stars: | 2024-05-09 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +3 min

Russian President Vladimir Putin watches a military parade on Victory Day, which marks the 77th anniversary of the victory over Nazi Germany in World War Two, in Red Square in central Moscow, Russia May 9, 2022. Mikhail Metzel | Sputnik | ReutersRussia kicked off its 79th "Victory Day" military parade on Thursday as the war with Ukraine rumbles on into a third year. Russian paratroopers march during the Victory Day Red Square Parade on May 9, 2023 in Moscow, Russia. He said participants in the "special military operation" — code for the Russian war against Ukraine — are also marching this year. The Yars ballistic missiles take part in a rehearsal of the Victory Day parade in Moscow, Russia, May 7, 2022.

Persons: Vladimir Putin, Mikhail Metzel, Suvorov, Sergei Shoigu, Ukraine —, Bai Xueqi, Alexander Lukashenko, Anatolii STEPANOV, ANATOLII STEPANOV, Stepanov Organizations: Nazi, Sputnik, Reuters, Kremlin, Getty, Youth Army, Russian Defense, Ukraine, Russian Air, Xinhua News Agency, West, NATO, Afp Locations: Nazi Germany, Red, Moscow, Russia, Reuters Russia, Ukraine, Belarus, Kazakhstan, Tajikistan, Turkmenistan, Cuba, North Korea, Iran, China, Kostyantynivka, Donetsk, AFP

That's because, taken together, the two primary Social Security funds are set to only be able to pay out full benefits through 2035; the Old-Age and Survivors Insurance Trust Fund, one of the main funds comprising Social Security, will start getting depleted in 2033. AdvertisementIn other words, the moment that today's older Gen Xers are ready to retire, their Social Security benefits could start to shrink. Gen Xers — born from 1965 to 1980 — have been deemed the country's "neglected middle child" by the Pew Research Center. And among the different generations, Gen Xers were the most likely to report that they were feeling financially insecure. That could set the stage for the new crop of Gen X retirees to arrive in an already-precarious retirement economy.

Persons: —, Gen X, Xers, Gen Xers —, YouGov —, Gen Xers, X, Gen Zers, Gen, Michele Raneri, aren't, Xer Organizations: Service, Gen, Social Security, Insurance Trust Fund, Business, Security, Pew Research Center, of Congress, Millennials, TransUnion, Survey, Alliance, Lifetime, Income

☆ Bank of England holds interest rates steady, but signals a cut is coming
▼ + stars: | 2024-05-09 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

LONDON — The Bank of England on Thursday announced a widely-expected hold on interest rates following its May meeting, as it said restrictive monetary policy was working to bring down inflation. Members of the central bank's Monetary Policy Committee voted 7-2 to hold, with the latter favoring a cut. In the prior meeting only one member voted for a cut. It keeps the BOE's key Bank Rate at 5.25%. Some economists see a cut as soon as the next meeting in June, and three or more cuts in 2024.

Persons: Matthew Swannell, CNBC's Organizations: Bank of England, Monetary, MPC, BNP

☆ Qu Jing: Baidu’s PR chief sparks a PR nightmare for the Chinese tech giant
▼ + stars: | 2024-05-09 | by ( Nectar Gan | ) edition.cnn.com time to read: +7 min

Hong Kong CNN —Chinese search engine giant Baidu has found itself in a public relations crisis, thanks to its own PR chief. Qu, Baidu's vice president and head of communications, has sparked backlash over her comments endorsing a tough workplace culture. China’s young workers have increasingly spoken out against the harsh workplace culture that has come to dominate many industries. Qu had asked all members of the PR team to create their personal accounts, according to the person, who requested anonymity. A former Baidu employee said Qu brought Huawei’s aggressive corporate culture with her to Baidu.

Persons: Qu Jing, Qu, I’m, ” Qu, “, ”, Jing, China’s, Ivy Yang, ” Yang, Alibaba, Jack Ma, Ma, Baidu, Cristina Organizations: Hong Kong CNN, Baidu, Xinhua, Huawei, CNN Locations: China, Hong Kong, Weibo

☆ Live Updates: Stormy Daniels Will Return to Stand in Trump Trial
▼ + stars: | 2024-05-09 | by ( Matthew Haag | ) www.nytimes.com time to read: +6 min

The woman, Stormy Daniels, answered questions from Manhattan prosecutors for several hours Tuesday before Mr. Trump’s lawyers began cross-examining her, and she will return to the stand Thursday. After that encounter, his bodyguard, Keith Schiller, told Ms. Daniels that Mr. Trump would like to have dinner with her, she said. Image Mr. Trump has denied the charges against him, and having had sex with Ms. Daniels. Mr. Trump was wearing “silk or satin” sleepwear, Ms. Daniels testified; after she cracked a joke — “Does Mr. Hefner know you stole his pajamas?” — he changed his clothes. At the time, Mr. Trump was about to secure the Republican Party’s presidential nomination.

Persons: Stormy Daniels, Donald J, Trump, Daniels, ”, Ms, Keith Schiller, Schiller, Melania, Sarah Yenesel, Michael D, Cohen, Hefner, Ivanka, T.J . Kirkpatrick, ” Mr, Susan Necheles, Necheles, Mr Organizations: Wicked Pictures, Credit, Mr, Prosecutors, Trump Organization, The New York Times, Old, Republican Locations: Manhattan, Tahoe, Nev, American

☆ India elections: Asia’s most powerful billionaires Ambani, Adani are getting drawn in after Modi’s speech
▼ + stars: | 2024-05-09 | by ( Diksha Madhok | ) edition.cnn.com time to read: +6 min

New Delhi CNN —Two of the planet’s richest businessmen are becoming embroiled in India’s increasingly divisive election campaign. “Why has Shahzade Ji stopped talking of Ambani and Adani in this election all of sudden? “How much money have you taken from Ambani and Adani?” he said at the rally. Adani took over NDTV, an influential broadcaster, in 2022, while Ambani owns Network 18, which includes the CNN-News18 TV channel, a CNN affiliate. Billionaire RajIn the last decade, both Ambani and Adani have stunned the world with their success and influence.

Persons: Narendra Modi, Modi, Mukesh Ambani, Gautam Adani, Ambani, Ji, ” Modi, Rahul Gandhi, ”, Gandhi, Modi ” Gandhi, “, Abhinandan Sekhri, Adani, Billionaire Raj, Cassanelli, Jeff Bezos, Hindenburg’s, ferociously Organizations: New, New Delhi CNN, Reliance Industries, Adani, Indian National Congress, Reliance, CNN, India’s, Bank of India, NDTV, Billionaire, Bloomberg, Hindenburg Locations: New Delhi, India, Asia, American

☆ Weekly jobless claims jump to 231,000, the highest since August
▼ + stars: | 2024-05-09 | by ( ) www.cnbc.com time to read: +2 min

Initial filings for unemployment benefits hit their highest level since late August 2023 in a potential sign that an otherwise robust labor market is changing. Also, job openings have been declining amid expectations that the labor market is likely to slow through the year. The four-week moving average of claims, which helps smooth out weekly volatility in numbers, increased to 215,000, up 4,750 from the previous week. "One week does not a trend make, but we can no longer be sure that calm seas lie ahead for the US economy if today's weekly jobless claims are any indication." Markets reacted little to the jobless claims release, with stock market futures slightly negative and Treasury yields mixed.

Persons: Dow Jones, Christopher Rupkey, Robert Frick Organizations: Labor Department, Navy Federal Credit Union Locations: New York

☆ Artificial Intelligence ‘Friends’
▼ + stars: | 2024-05-09 | by ( Kevin Roose | ) www.nytimes.com time to read: +1 min

Artificial intelligence, we are told, is a transformative economic force; it will change workers’ jobs, boost corporate profits and reshape industries. But for the last month, I’ve been investigating its social side — by making more than a dozen A.I. “friends.”I created these friends on apps like Nomi, Kindroid and Replika, all of which use technology similar to that found in apps like OpenAI’s ChatGPT. friends at once.) I named each of my companions, chose realistic A.I.-generated pictures of them and gave them fictitious back stories.

Persons: I’ve, ”

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