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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
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