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☆ A teenager fell off a Utah cliff to his death. His sister found a unique way to keep his memory alive
▼ + stars: | 2024-06-29 | by ( Sydney Bishop | ) edition.cnn.com time to read: +12 min

Jonathan was taking photos when a cliff he stepped on crumbled and he fell more than 200 feet to his death. After his death Rebecca looked through her brother’s cameras and found photos Jonathan had taken the day he fell. Contributors to the Jonathan Fielding journal project follow instructions left with the journal, seen here near Utah's Highway 24. Sherr Joy recognized the name and the description from having read the news about Jonathan’s death. Courtesy Rebecca FieldingAccording to Rebecca, Jonathan once spent 30 minutes dissembling a lamp in a stranger’s yard to free a bird trapped inside.

Persons: Jonathan Fielding, Rebecca, Rebecca Fielding, ” Jonathan, she’d, ideations, “, ” Rebecca, Takis, ”, Jonathan, Jon G, Fuller, didn’t, “ Jonathan, “ Jonathan Fielding, Bro, ” Tammy Mayo Fielding, Jonathan’s, Sherrie Joyce Miller, Kelli Hansen, Miller, Joy, Sherr Joy, ” Rebecca Fielding, Hansen, ” Sherr Joy, “ Jonathan Fielding’s, Lord Huron, ” Jonathan Fielding's, David W, James H, Jonathan …, Jonathan —, she’s, ‘, ‘ Rebecca, I’m, ’ ” Rebecca, “ I’ll, I’ll, don’t Organizations: CNN, Capitol, Facebook Locations: Utah, Missouri, 988lifeline.org, Orem , Utah, Blue Springs , Missouri, Hanksville , Utah, Utah's, The Netherlands, “, San Rafael

☆ People aren't spending like they used to and it's forcing companies like Nike and Walgreens to make drastic changes
▼ + stars: | 2024-06-29 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +4 min

You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. People are still spending money, but there's an uncomfortable awareness that years of price hikes mean each dollar doesn't go as far as it used to. "This consumer remains very cautious, specifically when you think about larger ticket discretionary purchases," he told Oppenheimer analysts Wednesday. "Why have people who are having a hard time paying their rent have to pay more for our drink?"

Persons: —, they're, Joseph Lewis, Marvin Ellison, Oppenheimer, John David Rainey, Federal Reserve Banks, San Francisco Fed, Don Vultaggio Organizations: Service, Business, Bloomberg, Nike, Walgreens, Walmart, Federal Reserve, San Francisco, Philadelphia Fed, Iced Tea Locations: San Francisco, Philadelphia

☆ How Wall Street giants like JPMorgan are using AI to manage your retirement portfolio and the risks and regulations surrounding it, according to the founder of an AI safety software platform
▼ + stars: | 2024-06-29 | by ( Christine Ji | ) www.businessinsider.com time to read: +7 min

Now, investment advisors are finding new and expansive use cases for AI in financial management. Vanguard is using AI to aggregate information from earnings transcripts and research reports, and has recently begun using AI to manage four of its stock funds. State Street is adding a generative AI feature to its platform which will answer customer questions about their portfolio and run analyses on portfolio data. There are some risks to using AI in investing, especially when your money could be on the line. Congress has pushed back on the rule, but Crawford is confident that AI regulation is in the cards, given the technology's far-reaching nature.

Persons: —, Alec Crawford, They're, Crawford, it's, chatbots — Organizations: Service, Inc, JPMorgan, Vanguard, Business, SEC, GameStop

☆ Opinion | Are Liberal Policies Hurting the West Coast?
▼ + stars: | 2024-06-29 | by ( ) www.nytimes.com time to read: +1 min

Mr. Kristof’s column elucidates how West Coast liberals are doing damage to some of the very causes they are meant to champion. We all need to demand better oversight and outcomes, not just well-intended promises. Susan GeorgeMill Valley, Calif.To the Editor:Nicholas Kristof’s recent critique misses the mark. He should spend more time in Portland, Ore., where results-focused people are effectively addressing a homeless and behavioral health crisis on our streets every day. In response to a national crisis, Portland is marrying pragmatism with our progressive values to implement effective solutions to challenging problems.

Persons: Nicholas Kristof, Susan George Mill, Nicholas Kristof’s Organizations: Democratic Party Locations: West, Georgia, California, San Francisco, West Coast, Susan George Mill Valley, Calif, Portland ,, Portland

☆ Airlines got too confident, and now they are paying the price despite record-breaking travel
▼ + stars: | 2024-06-29 | by ( Taylor Rains | ) www.businessinsider.com time to read: +8 min

Expensive fuel, maintenance, and labor don't help, nor do unpredictable setbacks outside the airline's control, like pandemic travel bans and production slowdowns at planemaker Boeing. But across the industry, many airlines are struggling to turn profits thanks to issues like overcapacity, unrelenting competition, and unexpectedly high costs, according to experts. Boeing delivery delays have eaten into profitsHarteveldt said Boeing's ongoing delivery delays have cost airlines like American, Southwest, and United millions of dollars. Airlines are plagued by high costs in an extremely competitive industryNearly everything is more expensive than it was before the pandemic, and airlines are no exception. For low-cost carriers like Frontier and Spirit, these high costs make it challenging to make money, Kraemer said.

Persons: —, Henry Harteveldt, Scott Olson, Robert Isom, Bob Jordan, Harry Kraemer, Kraemer, You've, you've, Harteveldt, Joe Raedle, they've, Stephen Brashear, Eric Glenn, Shutterstock Harteveldt Organizations: Service, planemaker Boeing, Business, International Air Transport Association, —, Airlines, Getty, Reuters, Southwest, Elliott Investment Management, Baxter International, Corporations, Google, Spirit, Frontier, Boeing, JetBlue Airways, Airbus, Bureau of Labor Statistics Locations: Delta, United

☆ Opinion | A Message From the West Bank: ‘We Are Coming to Horrible Days’
▼ + stars: | 2024-06-29 | by ( Nicholas Kristof | ) www.nytimes.com time to read: +1 min

The West Bank village of Qusra was smoldering as I arrived. Clouds of black smoke swirled from a field where rampaging Israeli settlers had lit it on fire, while also setting fire to Palestinian homes and vehicles, according to Qusra residents. “At any moment, we expect settlers to attack,” said Abdel-Majeed Hassan, a salt-of-the-earth farmer in his 70s. I met Hassan here in 2015, on one of my many trips to Israel and the Palestinian territories over the years. Despite enduring repeated attacks by settlers who coveted his land, he thought then that he could hang on to his family farm.

Persons: ”, Abdel, Majeed Hassan, Hassan Organizations: “, West Bank Locations: Bank, Qusra, Gaza, Israel

☆ Georgia gave low-income Black women $20,000 over 2 years. A participant said the money helped her afford day care and pay bills.
▼ + stars: | 2024-06-29 | by ( Allie Kelly | ) www.businessinsider.com time to read: +8 min

She's also a participant in Georgia's guaranteed basic income pilot called In Her Hands. Compared to non-participants, women receiving basic income were more able to afford bills and pay down debt. Many parents also spent some of their basic income on activities for their children, like summer camp or cheerleading dues. A basic income program providing $1,000 a month to pregnant Black women in San Francisco was sued last year. Have you benefited from a guaranteed basic income program?

Persons: —, Shamarra Woods, Woods, She's, GBI, It's, Georgia's Organizations: Service, Georgia Resilience, Opportunity Fund, Business, Ward, College Park, Republican Locations: Atlanta, Georgia, Clay, Randolph, Terrell, Mississippi, San Francisco, Vine City, Bankhead, Washington Park, Black, Connecticut

☆ An alphabet soup of 'electrified' vehicles awaits new car buyers as EV sales stall
▼ + stars: | 2024-06-29 | by ( Michael Wayland | ) www.cnbc.com time to read: +9 min

A car shopper today has their pick of traditional internal combustion engine (ICE) vehicles; mild-hybrid electric vehicles (MHEVs); hybrid electric vehicles (HEVs); plug-in hybrid electric vehicles (PHEVs); fuel cell electric vehicles (FCEVs) and battery-electric vehicles (BEVs), also commonly known as EVs. Here's a breakdown: Internal combustion engine (ICE): A "traditional" vehicle with an engine that's fueled with gasoline or diesel. Hybrid electric vehicle (HEV): Think of the Toyota Prius, a vehicle that has a hybrid powertrain system combined with an engine. Plug-in hybrid electric vehicle (PHEV) : These vehicles feature an internal combustion engine combined with a hybrid system, including a larger battery than traditional hybrid vehicles as well as a plug to recharge the vehicle's battery. : These vehicles feature an internal combustion engine combined with a hybrid system, including a larger battery than traditional hybrid vehicles as well as a plug to recharge the vehicle's battery.

Persons: Paul Waatti, Heather Seymour, Seymour, Stellantis, Waatti, Michael Wayland, Antonio Filosa, Russell Wager, Jérémie Papin, BEV Organizations: DETROIT —, Pacifica, Toyota, CNBC, Motors, Chevrolet, Kia America, EV, Kia, GM, Detroit, GM Energy, Ford Motor, Auto, Nissan, ICE, Toyota Prius Locations: U.S, Stellantis, St, Johns , Florida, Detroit, Japan, South Korea, Germany

☆ Opinion | Forget Defeating Trump. Biden Needs to Spare the Country Four More Years of Himself.
▼ + stars: | 2024-06-29 | by ( Ross Douthat | ) www.nytimes.com time to read: +1 min

Biden must step aside, the argument will go, because he’s going to lose the election and only a different Democrat can save the country from Trumpian misrule. This is a necessary argument for its intended audiences: Americans who fear Trump above all else and a Democratic Party motivated by partisan self-interest. It is definitely true that if you believe America needs to be saved from Trumpism 2.0, continuing with Biden is a grave dereliction. But it’s also important, especially for those of us who are not Democratic partisans, to emphasize that declining to nominate Biden is essential not just if you hope to avert a second Trump term. It’s essential if you want to protect the country from a second Biden term — from the ways that his obvious deterioration endangers the country that he nominally leads.

Persons: Biden, Donald Trump, Trump, Kamala Harris, it’s, Barack Obama, Nancy Pelosi, Jill Biden Organizations: Democratic, Democratic Party, Trump, Biden Locations: Trumpian

☆ Donald Trump just had the best 24 hours of his reelection campaign. But it might come back to bite him.
▼ + stars: | 2024-06-29 | by ( Erin Snodgrass | Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +6 min

Related stories"Something terrible happens to one of these candidates once every two weeks — usually Trump," Grose said. Justin Sullivan/Getty ImagesSCOTUS surprisesLess than 24 hours after the debate, the Supreme Court handed down two major decisions, which, at first glance, appeared to be more good news for Trump. On Friday, legal experts told Business Insider that the decision was good news for Trump's legal prospects. It could remind voters unhappy with the Supreme Court's conservative drift that another Trump term could mean more Trump SCOTUS appointees. Undecided voters with strong opinions on abortion and January 6 could be turned off by Trump's Supreme Court appointees and their increasingly conservative rulings, he suggested.

Persons: —, Donald Trump, Joe Biden, Trump, Biden, Christian Grose, Grose, it's, David Triana, Justin Sullivan, SCOTUS, Jack Smith's, Triana Organizations: Service, Republican, Supreme Court, Trump, Business, Biden, University of Southern, Conservatives, Department of Justice, Trump's, Court Locations: University of Southern California, Trump

☆ I was nervous when my teenagers started dating. I learned to set simple expectations and allow room for mistakes.
▼ + stars: | 2024-06-29 | by ( Rebecca Hastings | ) www.businessinsider.com time to read: +4 min

Somehow, we are supposed to know what to do when our kids start dating. I had three kids in three and a half years, and now that they're all teens, we are in the thick of teen dating. One of the best things you can do is to show interest in learning about the people your teens are dating. Doing this shows your teen how much you love them and helps you get to know the person your teen is dating. There will likely be some disagreements when your teens are dating, but with good communication, you can get to the other side together.

Persons: Rebecca Hastings, — Organizations: Service

☆ A travel expert who has been to more than 90 countries says these are the best under-the-radar destinations
▼ + stars: | 2024-06-29 | by ( Joey Hadden | ) www.businessinsider.com time to read: +1 min

Samantha Brown shared three underrated travel destinations to avoid crowds. Brown has visited over 90 countries in her 20-year career as a seasoned travel host. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementFrom Europe and Asia to South America and Australia, Samantha Brown has been to more than 90 countries around the world. This story is available exclusively to Business Insider subscribers.

Persons: Samantha Brown, Brown, —, Samantha Brown's, She's Organizations: Service, PBS, Business Locations: Australia, Canada, Europe, Asia, South America

☆ Nike is struggling to get its stride back
▼ + stars: | 2024-06-29 | by ( Alex Bitter | ) www.businessinsider.com time to read: +5 min

One answer rests in what the company calls its "lifestyle" business — basically, shoes and clothing meant for casual wear. Related storiesWhile revenue from performance products grew in Q4, declines in its lifestyle business overshadowed them, contributing to the worse-than-expected results. AdvertisementIn its last fiscal year, lifestyle products have grown to about 60% of Nike's business, UBS analyst Jay Sole estimates. "One of our big takeaways from Nike's 4Q report is its lifestyle business needs a major reset," Sole said. While CFO Friend said management is "confident that we are repositioning Nike to be more competitive," investors have yet to be convinced.

Persons: —, Matthew Friend, Friend, John Donahue, Jay Sole, Donahue, Jefferies, Randal Konik, Simeon Siegel, we're Organizations: Service, Business, Nike, Reuters, UBS, Nike's, Street, BMO Locations: China, Portland, Nike's

☆ Meet the 40-year-old freshmen: Millennials explain why going back to college is worth it for their paychecks and career — and why they might get more out of it than their Gen Z peers
▼ + stars: | 2024-06-29 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +9 min

These include insufficient money to pay for college right out of high school and, "especially for women, family constraints." "What happens when people have kids right after high school that would keep them from going to college? After graduating from high school, Jones briefly enrolled in some English courses at a university but dropped out, saying he didn't have a focused mindset at the time. I haven't dealt with who I am or where I am in life," Jones told BI. According to a recent report from Gallup and the Lumina Foundation on the state of higher education in 2024, "adults' interest in pursuing some form of higher education is at the highest level" the organizations ever recorded.

Persons: Laura Rodgers, Rodgers, she's, I'm, Laura Rodgers Rodgers, she'll, Pauline Corblet, New York University Abu Dhabi, Corblet, it's, Alexander Jones, Jones, wasn't, Alexander Jones Jones, didn't, Josh Becker, He's, Becker, Matt, Matt —, — Organizations: Service, Business, National Center for Education Statistics, National Bureau of Economic Research, New York University, Deloitte, Gallup, Lumina Foundation Locations: New York University Abu

☆ A new study suggests a culprit in bird flu's rapid spread through US cattle, and how to stop it
▼ + stars: | 2024-06-29 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +5 min

Read previewContaminated milk may be spreading H5N1 bird flu between dairy cattle, contributing to a major outbreak across 12 US states. A new study shows the virus can survive for over an hour in raw (unpasteurized) milk left on the surfaces of materials used in equipment for milking dairy cattle. That's a clue in the mystery of how the virus has spread so rapidly between US dairy cattle, infecting over 130 herds in Idaho, Michigan, Colorado, Texas, and more. The cattle outbreak has scientists increasingly worried that the H5N1 virus could mutate enough to cause an outbreak in humans. However, the study suggests that cleaning milking equipment between cows and outfitting workers with protective gear could help prevent the spread.

Persons: —, Cynthia Goldsmith, Jackie Katz, Christopher Dye, Tony Kanaan, Jeff Haynes, Tom Vilsack, Meghan Davis, Davis, Robert F Organizations: Service, Business, CDC, AP, University of Oxford, FDA, Indianapolis, Indianapolis Motor, Reuters, Johns Hopkins Bloomberg School of Public Health, Workers Locations: Idaho , Michigan, Colorado , Texas, Brazil, Clinton , Maine, milkings

☆ Heat waves in Europe are getting more dangerous. Here’s what that means for travelers
▼ + stars: | 2024-06-29 | by ( Billy Stockwell | ) edition.cnn.com time to read: +10 min

CNN —Growing up in Texas, Mary Beth Walsh thought she was accustomed to high temperatures. Her hometown of Dallas, which is currently being blasted by unrelenting heat, frequently experiences heat waves. “I always joke around that I have such a high heat tolerance; I bring my sweatshirt with me to class in August (in the US),” she said. Hiking in high temperatures has been a common thread linking recent deaths in the country. Amer Ghazzal/ShutterstockExtreme heat is one consequence of climate change impacting tourist hot spots across Europe.

Persons: Mary Beth Walsh, “, ”, Michael Mosley, we’ve, ” Roo Clark, Stefanos Sidiropoulos, Sidiropoulos, acclimatize, Guglielmo Mangiapane, ” Eduardo Santander, ‘, Amer Ghazzal, Clark, ” Clark, Andrea Ammon, ECDC, Hilary Swift, ” Rebecca Carter, Carter Organizations: CNN, Dallas, “, ” Authorities, Tourism Council, Reuters, European Travel Commission, ETC, Santander, European Centre for Disease Prevention, Authorities, Bloomberg, Getty, World Resources Institute Locations: Texas, Athens, Europe, Greece, British, Suffolk, England, Skyros, Canada, Hellas, Italy, Rome, Perugia, Palermo, Rhodes, Czech Republic, Bulgaria, Denmark, Portugal, Spain, Spain’s Seville

☆ Iran Warns Israel Against War in Lebanon Against Hezbollah: Latest Updates
▼ + stars: | 2024-06-29 | by ( Vivian Nereim | ) www.nytimes.com time to read: +9 min

Illegal Israeli settlements in the Gush Etzion settlement block in the Israeli-occupied West Bank in 2020. But after the first Arab-Israeli war, Jordan took control of the West Bank, and Jerusalem became divided between Israel and Jordan. In the 1967 war, Israel annexed East Jerusalem and occupied the West Bank, which it says is disputed territory whose fate should be determined in negotiations. That appears to be the goal for Mr. Smotrich, who adamantly opposes Palestinian statehood. In a social media post on Thursday, Mr. Smotrich indicated that the latest settlement legalization was a response to those decisions.

Persons: Benjamin Netanyahu’s, Bezalel Smotrich, Netanyahu, Yoav Gallant, Smotrich, Ammar Awad, Evyatar Borovski, Givat, Assaf Hershkovitz, Sde Ephraim, Jordan, Amit Elkayam, Volker Türk, Tor, “ We’ll, ”, Yehuda Fox, “, ” Aaron Boxerman Organizations: West Bank, Authority, Palestinian, Reuters, West, Peace, United Nations General Assembly, United Nations Security Council, International Court of Justice, Bank, Geneva Convention, Criminal Court, United Nations, International Court of, The New York Times, East Jerusalem —, Mr, Israel’s, Command Locations: Gush Etzion, Bank, Israel, Jerusalem, Jabal Subeih, Nablus, West, Givat Assaf, West Bank, Ras Karkar, Ramallah, Settlers, Hebron, Bethlehem, Jordan, East Jerusalem, Palestinian, Oslo, Evyatar, Beita, Spain, Ireland, Norway, Slovenia, Armenia

Inflation slowed last month according to the Federal Reserve's preferred measure, which means mortgage rates could soon trend down. As inflation slows and the Fed is able to start lowering the federal funds rate, mortgage rates are expected to decrease. See more mortgage rates on Zillow Real Estate on ZillowMortgage Refinance Rates TodayMortgage type Average rate today This information has been provided by Zillow. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates will affect your monthly and long-term payments. As inflation slows and the Federal Reserve is able to start cutting the federal funds rate, mortgage rates are expected to trend down as well.

Persons: Fannie Mae Organizations: Federal, Commerce Department, Zillow, Federal Reserve, Mortgage, Association, ARM Locations: April's, Chevron

☆ A doctor and CEO of a longevity company shares his 3 diet hacks for healthy aging
▼ + stars: | 2024-06-29 | by ( Kim Schewitz | ) www.businessinsider.com time to read: +5 min

He follows the Longevity Diet, created by his colleague and L-Nutra cofounder Valter Longo, a professor of gerontology and director of the USC Longevity Institute. It's mainly a plant-based diet but includes fish a few times a week, plus lots of complex carbohydrates, and healthy fats from nuts, Antoun said. Eat nuts every dayNuts are a good source of plant-based protein, complex carbs, and healthy fats, Antoun said. In a 2023 study published in JAMA Network Open, 22 pairs of twins were randomly assigned either a healthy vegan diet or a healthy omnivorous diet for eight weeks. Have dinner early and breakfast lateAnother part of Longo's Longevity Diet, and the central tenant of L-Nutra's business model, is intermittent fasting.

Persons: —, Joseph Antoun, Antoun, Valter Longo, biohacking bros Organizations: Service, Business, gerontology, USC Longevity Institute, American College of Cardiology, Mayo Clinic, JAMA

☆ Meet the boomers cashing in on the golden age of retirement
▼ + stars: | 2024-06-29 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +9 min

AdvertisementAs the way we save for retirement has evolved, some people are now cashing in on the golden age for retirement savings — when benefits were more generous and investments in real estate and stocks boomed. While it's still possible to achieve, a fat retirement account has become rarer. AdvertisementBack in 2007, per GAO's calculations of the Survey of Consumer Finances, around 21% of low-income households had a retirement account balance. While losses weren't as profound for those in the middle-income quintile, their retirement account balances did fall slightly from 2007 to 2019. All of that comes as retirement savings become more of an individual onus.

Persons: —, Michael, Connie, didn't, frugality, it's, would've, David John, that's, John, Valerie, who's, Valerie —, hinging, she's Organizations: Service, Navy, Business, Social Security, Survey, Consumer Finances, GAO, AARP, Security, BI Locations: Florida, Denver, Oregon, Seattle

☆ 36% of Americans plan to take on debt for summer travel. Here's why that worries financial experts
▼ + stars: | 2024-06-29 | by ( Charlotte Morabito | In Charlottemorabito | ) www.cnbc.com time to read: +1 min

Some people could find themselves wrangling with summer travel bills well after Labor Day. To that point, 36% of Americans said they plan to take on debt in order to travel this summer, according to a March survey from Bankrate. The payment methods for summer travel expenses ranged from personal loans (5%) and buy now, pay later services (8%) to borrowing from family and friends (6%). Additionally, 26% of summer travelers said they intend to use a credit card and pay over for the vacation over multiple billing cycles. "The reason that's worrisome is because the average credit card charges more than 20%, which is close to a record high," said Ted Rossman, a senior credit card industry analyst at Bankrate.

Persons: Ted Rossman, Gen Zs, Sabrina Romanoff Organizations: Labor, Finance, Disney

☆ She just moved into a neighborhood of 3D printed homes in Texas — see what it's like inside
▼ + stars: | 2024-06-29 | by ( Jaures Yip | ) www.businessinsider.com time to read: +6 min

Glaeze began documenting her 3D printed home on TikTok shortly after moving into it in April. Glaeze also shows viewers a tour of a model 3D printed home by Icon. 3D printing construction startup Icon teamed up with home construction giant Lennar to build a community of 100 3D printed houses, called the Wolf Ranch, just north of Austin. "My favorite thing about living in a 3D printed house is really the aesthetic," Glaeze said. An aerial view of the 3D printed homes.

Persons: —, Daniella Glaeze, she's, Glaeze, it's, Glaze, Wolf Ranch Organizations: Service, Business, Vulcan, rainstorms, Lennar, Wolf Locations: TikTok, Austin, Texas

☆ A notorious market bear who called the 2000 and 2008 crashes shares 3 charts revealing striking similarities between today's market and the most extreme bubbles — and warns of 50-70% downside for the
▼ + stars: | 2024-06-29 | by ( William Edwards | ) www.businessinsider.com time to read: +6 min

"In contrast, current valuation extremes imply potential downside risk for the S&P 500 on the order of 50-70% over the completion of this cycle." JPMorgan's Marko Kolanovic expects the S&P 500 to fall to 4,200, while more extreme forecasts include Jeremy Grantham's estimate in the low 3,000s. And as the stock market ground mostly higher, he persisted with his doomsday calls. He predicted in April 2007 that the S&P 500 could lose 40%, then it lost 55% in the subsequent collapse from 2007 to 2009. The S&P 500, by comparison, is up about 26% over the past year.

Persons: —, Jonathan Golub, Count John Hussman, Hussman, Hussman's, Morgan Stanley's Mike Wilson, Piper Sandler's Michael Kantrowitz, JPMorgan's Marko Kolanovic, Jeremy Grantham's Organizations: Service, UBS, Business, Hussman Investment Trust, New York Stock Exchange, Investor Intelligence

☆ China and Russia are in a bad marriage that the West shouldn't try to break up
▼ + stars: | 2024-06-29 | by ( Michael Peck | ) www.businessinsider.com time to read: +10 min

Already, Russia's military and China's People's Liberation Army have held around 25 joint exercises since 2005, involving ships, aircraft and ground troops. Equally important is that China has become a key enabler of Russia's war in Ukraine. Advertisement"Policymakers and planners should avoid overestimating the state of military cooperation and operational integration that exists between Russia and China," RAND warned. AdvertisementDespite boasting of their military ties, Russia and China don't have much faith in each other's military prowess. In their 2001 friendship treaty, China and Russia did agree to consult with each other should either nation be attacked.

Persons: Mladen Antonov, Russia's, Mark Cozad, Cozad, Hitler, Michael Peck Organizations: Service, Communist, Business, NATO, RAND Corp, Liberation Army, British, RAND, PLA, People's, Army, Russian, Grand Alliance, Western Allies, Central, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Soviet Union, China, Beijing, Moscow, U.S, Russian, Europe, Taiwan, Ukraine, Russia, Britain, South Korea, America, Vietnam, Korea, Syria, West, Central Asia, United States, Forbes

☆ Mars gets hit by hundreds of basketball-size space rocks every year
▼ + stars: | 2024-06-29 | by ( Ashley Strickland | ) edition.cnn.com time to read: +8 min

CNN —Hundreds of basketball-size space rocks slam into Mars each year, leaving behind impact craters and causing rumblings across the red planet, according to new research. During its time on Mars, InSight used its seismometer to detect more than 1,300 marsquakes, which take place when the Martian subsurface cracks due to pressure and heat. Meteoroids are space rocks that have broken away from larger rocky bodies and range in size from dust grains to small asteroids, according to NASA. “We’re interested in studying that on Mars because we can then compare and contrast what’s happening on Mars to what’s happening on the Earth. Between 280 and 360 meteoroids hit the red planet each year, and they form impact craters larger than 26 feet (8 meters) across, according to the study.

Persons: ”, Ingrid Daubar, ” Daubar, NASA’s, “ We’re, Géraldine Zenhäusern, ” Zenhäusern, Natalia Wojcicka Organizations: CNN, NASA, Reconnaissance, JPL, Caltech, University of Arizona, Brown University, NASA’s Mars, Nature Communications, Switzerland’s ETH Zürich, Imperial College London’s Locations: Mars, Switzerland’s

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