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☆ Premarket stocks: Warren Buffett’s favorite indicator is flashing red
▼ + stars: | 2024-03-27 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

New York CNN —The “Buffett Indicator” is flashing red. If the stock market is growing a lot faster than the economy, that could be a sign of a bubble. Yes, but: The so-called Buffett Indicator is not without flaw. By the closing bell, Trump Media ended at $57.99, up by a more modest 16% on the day. He said Trump Media is likely worth somewhere around $2 a share — nowhere near its closing stock price of $58.

Persons: Warren Buffett, Fortune Magazine “, Berkshire Hathaway, John Hussman, Hussman, Larry Summers, “, ”, Louis Navellier, Goldman Sachs, Navellier, doesn’t, Buffett, they’re, Jamie Dimon, Kevin Gordon, Charles Schwab, Elisabeth Buchwald, Donald Trump’s, CNN’s Matt Egan, Jay Ritter, Ritter Organizations: CNN Business, Bell, New York CNN, Fortune Magazine, Nvidia, Federal Reserve, Bloomberg, Navellier, Associates, “, JPMorgan, CNBC, CNN, Visa, Mastercard, Court, Eastern, of, National Retail Federation, Trading, Trump Media & Technology Group, Trump Media, University of Florida’s Warrington College of Business, GameStop, AMC Locations: New York, of New York

☆ Trump’s Truth Social is going public today. Experts warn $9 billion valuation defies logic
▼ + stars: | 2024-03-26 | by ( Matt Egan | ) edition.cnn.com time to read: +8 min

Truth Social had just 494,000 monthly active US users on iOS and Android combined in February, according to Similarweb stats provided to CNN. Even Threads had more than 10 times the number of monthly active users that Truth Social had in February, according to Similarweb. The last Trump company to go public, Trump Hotels and Casino Resorts in 1995, used the same DJT ticker symbol. Like any social media business, Truth Social faces pressure to grow its user base, expand its advertising business and build a subscription service. “If he wins in November, Truth Social will probably be the primary means of presidential communication,” said Kennedy.

Persons: Donald Trump’s, –, ”, Jay Ritter, Ritter, “, Reddit, Matthew Kennedy, Kennedy, Jonathan Macey, that’s, ’ Matthew Tuttle, Tuttle, it’s Trump, you’ve, ” “, I’m, Donald Trump, Trump, “ Donald J, TMTG, skeptically Organizations: New, New York CNN, Trump Media & Technology Group, Trump Media, University of Florida’s Warrington College of Business, GameStop, AMC, Trump, Renaissance, Truth, CNN, Facebook, Yale, Digital, Tuttle Capital Management, SEC, Trump Hotels, Casino Resorts, New York Stock Exchange Locations: New York, ”, United States

The project, known as Direct File and launched by the IRS on a limited basis in 12 states this tax season, is in its pilot phase. Derek Wheeler, director of the Low-Income Taxpayer Clinic at the University of Florida’s Law School, said his clinic has referred less than a dozen clients to the Direct File system. His legal clinic has partnered with the IRS and selectively identifies clients who may be eligible to submit their taxes through the program. One of their biggest criticisms is that free tax prep services already exist for people of all income brackets and developing the Direct File system will end up costing taxpayers billions of dollars. But after using Direct File, she said, “I feel foolish for paying all that money every year.”

Persons: Dixie Warden, ” Warden, Warden, She's, ”, Obama, Derek Wheeler, Wheeler, Grover Norquist, Joe Biden, ‘, Norquist, Daniel Werfel, Vanessa Williamson, ” Wheeler, she’ll, “ Organizations: WASHINGTON, IRS, Affordable, University of Florida’s Law, Associated Press, Tax, Urban, Brookings Tax Policy, Organization for Economic Cooperation, Development, University of Florida, House Republicans, Congress Locations: Kyle , Texas, Florida, New Hampshire , Nevada , South Dakota , Tennessee , Texas, Washington , Wyoming , Arizona , Massachusetts, California, New York, United States, Germany, Japan, Britain, U.S

☆ Students are lawyering up in the wake of the Israel-Hamas war
▼ + stars: | 2023-11-28 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +16 min

Hafez, who CNN has reached out to for comment, is now suing Accuracy in Media for defamation and emotional distress, and the violation of his civil rights. Hafez is among the politically and ethnically diverse students across the country who are filing lawsuits in the wake of October 7. Some are invoking the Civil Rights Act, claiming their schools aren’t protecting them from religious discrimination. “We believe that a number of universities are violating Title VI in this moment. “We have had a massive and unprecedented spike since October 7.”The legal standard for Title VI cases is high, Cron said.

Persons: Yusuf Hafez, “ Columbia’s, ” Hafez, Hafez, Minouche Shafik, “, ” John Beckman, ” Beckman, Beckman, Justin Sadowsky, ” Sadowsky, Sadowsky, Dylan Saba, State University of Florida Chancellor Ray Rodrigues, DeSantis, ”, Brittany Wise, ” Adam Steinbaugh, ” Steinbaugh, you’re, Matthew Cron, Donald Trump, ” Saba, Kenneth Marcus, Wellesley, ” “ Wellesley, UPenn, Magill, “ We’ve, Marcus, George W, Bush, Cron, ” Cron, Yusuf Hafez’s, SWATTING, ” – CNN’s Matt Egan, Celina Tebor Organizations: New, New York CNN — Columbia University, Media, CNN, Civil, Columbia, Columbia University, New York University, Jewish, gaslighting, NYU, New York police, Islamic, Civil Rights, Department of Education, Palestine, American Civil Liberties Union, Palestine Legal, University of Florida, UF, Justice, State University of Florida, ACLU, ” CNN, State University System of, University of Florida’s, “, Governors, Foundation, Rights, Florida, DOE, of Education Office, Legal, University of Illinois Chicago, UIC, Brandeis Center, University of Pennsylvania, ”, University, Trump, Ivy League, Private, AIM, U.S . Locations: New York, Israel, Gaza, Palestine, Florida, State University System of Florida, Colorado, “, Penn, Chicago

☆ These kids get free vacations thanks to their YouTube fame. But what happens behind the scenes?
▼ + stars: | 2023-08-15 | by ( Lilit Marcus | ) edition.cnn.com time to read: +13 min

McCarty started a campaign called Quit Clicking Kids, aimed at stopping people using children on social media for monetary gain, in 2022. Child labor rights in the United States, from the factory to the internet: A timeline 1904 The National Child Labor Committee is founded, with the goal of ending all child labor. 1916 The first child labor bill – the Keating-Owen Act – is passed, which bans the interstate sale of any article produced with child labor and regulates the number of hours a child could work. In May 2023, the US Surgeon General’s office issued an advisory about social media and kids’ mental health. And for too many children, social media use is compromising their sleep and valuable in-person time with family and friends.

Persons: Chris McCarty, McCarty, Myka Stauffer, Stauffer, it’s, –, Keating, Owen, Franklin Delano Roosevelt, Coogan, ”, Instagram, Carlotta Dotto, Lilit Marcus The Coogan, Jackie Coogan, aren’t, “, Vivek Murthy, ” Stacey Steinberg, what’s, Steinberg, Yukari Schrickel, Mom Brooke Morrison, Parker, McKenzie, Morrison, ” Caz Makepeace, Craig, you’re, ’ ” Makepeace, Alex Winter, Machelle Hobson, Hobson, Makepeace, vlogging, Caz, they’re, “ We’ve Organizations: CNN, Morrisons, University of Washington, Child Labor, US, Labor, California, UN, Education, Trust, Facebook, National Archives, US Department of Labor, Actors, The Federal Trade Commission, New York Department of Labor, Washington State Legislature, Center, Children, University of Florida’s Levin College of Law, YouTube, Credit, Apple, Google Locations: New Orleans, Arizona, London, Dominican Republic, United States, New York, Illinois, California, ”, Australia

☆ Human DNA can now be pulled from thin air and sequenced
▼ + stars: | 2023-05-15 | by ( Katie Hunt | ) edition.cnn.com time to read: +6 min

Scientists have been able to collect and analyze detailed genetic data from human DNA from all these places, raising thorny ethical questions about consent, privacy and security when it comes to our biological information. Environmental DNA has been obtained from air, soil, sediment, water, permafrost, snow and ice cores and the techniques are primarily being used to help track and protect endangered animals. However, the ability to capture human DNA from the environment could have a range of unintended consequences — both inadvertent and malicious, they added. They termed this information “human genetic bycatch” and decided to study the phenomenon in greater depth. We cannot avoid shedding DNA in the public space,” Moreau, who was not involved in this study, said via email.

☆ Anthony Richardson’s N.F.L. Draft Status Is Up in the Air
▼ + stars: | 2023-04-25 | by ( Emmanuel Morgan | ) www.nytimes.com time to read: +1 min

GAINESVILLE, Fla. — Anthony Richardson chuckled as the football puttered to the ground. He had launched a high-arcing pass near the end of the University of Florida’s pro day, a March workout in front of scouts from all 32 N.F.L. The heave may have missed its target, but it displayed Richardson’s powerful arm during the job audition. The display encapsulated the scouting report on Richardson, who is projected as a top-10 selection in the N.F.L. draft: jaw-dropping talent, erratically deployed.

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