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☆ Novak Djokovic defeats Carlos Alcaraz for first Olympic gold medal
▼ + stars: | 2024-08-04 | by ( Raquel Coronell Uribe | Raquel Coronell Uribe Is A Breaking News Reporter. | ) www.nbcnews.com time to read: +4 min

Serbia's Novak Djokovic reacts to beating Spain's Carlos Alcaraz in their men's singles final tennis match during the Paris 2024 on Sunday. Djokovic was only nine when Andre Agassi became the first to complete the Golden Slam. The 21-year-old is the youngest man to win a medal in the Olympics singles tournament since Djokovic, who won bronze in 2008. On the rightmost side of the podium, Italian Lorenzo Musetti earned bronze, Italy's first medal in tennis since the 1924 Paris Olympics — and the country's second-ever medal for tennis. "I’m super grateful for the blessing to win a historic gold medal for my country to complete the Golden Slam and to complete all the records."

Persons: Novak Djokovic couldn't, Carlos Alcaraz —, Alcaraz, Djokovic, Serbia's Novak Djokovic, Spain's Carlos Alcaraz, Miguel Medina, I'm, Britain's Josiah Ritchie, I've, Steffi Graff, Rafael Nadal, Andre Agassi, Serena Williams, That's, Lorenzo Musetti, Italy's, “ Organizations: Roland, Wimbledon, Djokovic, Getty, Olympics, Olympic Games, Serbia, Olympics — Locations: Serbian, AFP, Spain

☆ These vision-impaired Olympic stars rely on a ‘sixth sense’ when they compete
▼ + stars: | 2024-08-04 | by ( Maya Davis | ) edition.cnn.com time to read: +14 min

Nedoroscik is not the only Olympic athlete with vision impairment excelling in their sport. “For an athlete with a visual impairment, they might have better proprioception, a better vestibular system or better audition. A new superpowerOlympic athletes with vision impairment have shown that you don’t need 20/20 vision to get the job done. USA Goalball National Team Athlete and 4x Paralympian Tyler Merren says the only difference between a "Paralympic athlete and an able-bodied athlete" is the disability. “All of these athletes are so empowering to kids like my patients, who can see [visual impairment] is not limiting them.

Persons: Stephen Nedoroscik, Daniel Wiffen, Rebeca Andrade, Nedoroscik, ”, NBC’s, Becky Sauerbrunn, goalball, Tyler Merren, Merren, “, I’m, Rupa Wong, Daniel Wiffen of, Ueslei Marcelino, Gordon Waddington, Wong, it’s, Fabrice Sarlegna, Aristotle, Jamie Squire, ” Wong, Goalball, Kiyoshi Ota, It’s, Clark Kent, Leonardo da Vinci, ” Merren, Dr, Sanjay Gupta, “ We’re Organizations: CNN, Saturday’s, Paris Games, US, Honolulu Eye Clinic, American Academy of Ophthalmology, Reuters, University of Canberra Research, Sport, Australian Institute of Sport, French National Centre for Scientific Research, Aix Marseille University, Team Brazil, Olympic Games, Bercy Arena, Olympic, International Paralympic, Team Japan, Tokyo, of Blind, US Association of Blind Athletes, Get CNN, CNN Health, “ Locations: Brazil, Honolulu, Paris, France, Waddington, goalball, Chiba, Japan, USA

☆ Susan Sarandon on Her Best Movie Roles: 'Rocky Horror,' 'Thelma & Louise'
▼ + stars: | 2024-08-03 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +11 min

Advertisement"It wasn't the kind of movie that you're really watching every single word. On Tim Curry convincing her to read for 'Rocky Horror' and being afraid to sing 'Happy Birthday'Tim Curry, Barry Bostwick, and Susan Sarandon in "The Rocky Horror Picture Show." I know it looks like we had so much fun, but we really didn't hang out that much or do any of that. On her 'give and take' with Ridley Scott over the 'Thelma & Louise' scriptSusan Sarandon and Geena Davis in "Thelma & Louise." AdvertisementI think that's what you do with every project you go through, to just try to understand the whole.

Persons: Susan Sarandon, She's, Sarandon, Lou, who's, Sheryl Lee Ralph, Megan Mullally, Bette Midler, Billy Wilder, Bull Durham, Thelma, Louise, Ridley Scott, Tim Curry, Barry Bostwick, Michael Ochs, Tim Curry —, Tim, Janet, Nobody, it'll, Richard O'Brien, Kevin Costner, Ron Shelton's, Kevin, Costner, Robbins, Ron, wouldn't, It's, I've, Geena Davis, Ridley, I'm, Arnold Schwarzenegger, Mel Gibson Organizations: Business, SAG, WGA, Bull, Michael Ochs Archives, Hollywood Locations: Key West , Florida, Florida, Savannah, LA, London, Bull, Rome

☆ How female politicians’ first names can work for and against them, according to science
▼ + stars: | 2024-08-03 | by ( Maya Davis | ) edition.cnn.com time to read: +11 min

Bernie and Pete embraced their first names while Biden, Trump and Warren favored their last names. As Kamala Harris sets her eyes on the presidency, she is using a combination. Elizabeth Frantz/ReutersFor Harris, Atir says, using “Kamala” could be “potentially costly.” A first-name reference may lead women to be perceived as less deserving and competent. “Because of confirmation bias, a clearly identified phenomenon, it’s not good for the candidate, Kamala Harris, to have it continue to go on ‘Kamala,’ ” she said. … Respect the names that people are given, and use those names with respect.”CNN’s Jacqueline Howard contributed to this report.

Persons: Bernie, Pete, Biden, Warren, Nikki Haley, Kamala Harris, “ Harris, ”, Kamala, Stav Atir, Atir, Elizabeth Frantz, Harris, Kamala ”, Michael Cohen, Joseph Uscinski, Gail Saltz, ” Saltz, Uscinski, Hillary Clinton, Clinton, ” Clinton, Brendan Smialowski, “, mispronunciation Harris, ” Harris, ’, ’ ”, Georgia Republican Sen, David Perdue, “ Ka, Donald Trump, president’s, Doug Emhoff, “ Mr, Trump, Mike Pence, Morry Gash, “ Kamala ”, Jamal Simmons, Sabrina Singh, Harris ’, “ It’s, ” Uscinski, Vermont Sen, Bernie Sanders, Pablo Martinez Monsivais, that’s, ” Atir, Saltz, Dr, Sanjay Gupta, ‘ Kamala, Kamala ’, ” CNN’s Jacqueline Howard Organizations: CNN, Trump, Management, Human Resources Department, University of Wisconsin School of Business, Reuters, University of Miami, Presbyterian Hospital, Weill Cornell Medical College, Democratic, Getty, Georgia Republican, Republican, Vermont, Get CNN, CNN Health, People Locations: “, AFP, Georgia, West Palm Beach , Florida, Wisconsin

Tracking Hurricane Debby Leer en españolDebby was a Category 1 hurricane in the Gulf of Mexico late Sunday Eastern time, the National Hurricane Center said in its latest advisory. The hurricane had sustained wind speeds of 75 miles per hour. Debby is the fourth named storm to form in the Atlantic in 2024. In late May, the National Oceanic and Atmospheric Administration predicted that there would be 17 to 25 named storms this year, an above-normal amount. Without El Niño this year, clouds are more likely to tower to the tall heights needed to sustain a powerful cyclone.

Persons: Leer, Debby Organizations: Sunday, National Hurricane Center, Fort Myers, Fort Myers Cedar Key, United States, National Oceanic, Atmospheric Administration, Hurricanes Locations: Gulf of Mexico, Fort Myers Cedar, Fort Myers Cedar Key Tampa, United States

☆ Dress Codes: How high is too high? The evolution of the women’s running brief
▼ + stars: | 2024-08-03 | by ( Jacqui Palumbo | ) edition.cnn.com time to read: +7 min

CNN —When women first competed in Olympic track and field events in 1928, they wore loose t-shirts and wide shorts, sometimes cinched with a belt. Nike's design for the US women's team outfit, right, is seen in an image posted to X by @CitiusMag. The controversy follows a headline-making protest at the 2020 Tokyo Games, when the German women’s gymnastics team rejected bikini-cut unitards in favor of fuller coverage, in a statement against “sexualization in gymnastics,” the German Gymnastics Federation said at the time. Function and styleOn the Olympic track, there aren’t many regulations when it comes to what athletes can wear. But more fabric hasn’t caught on since then for women track athletes; instead, the reverse has trended.

Persons: Lauren Fleshman, ”, Tara Davis, Woodhall, Katie Moon, Sha’Carri Richardson, Judy Simpson, Jackie Joyner, David Cannon, “, Gadget, Abebe Bikila, hemlines, Dobriana Gheneva, ” Gheneva, That’s, Florence Griffith Joyner, Richardson, Vogue, Florence Griffith, Joyner, Tony Duffy, Sha'Carri Richardson, Griffith Joyner, Tim Clayton, Corbis, Griffith Joyner’s, Serena Williams, Cathy Freeman, Flo, Gheneva, baring Organizations: CNN, Nike, Games, US, @CitiusMag, Paris, USA, Field, USATF, Angeles Olympics, German Gymnastics Federation, World Athletics, Ethiopian, Gamma, Getty, Fashion Institute of Technology, Reebok, “, ” Locations: German, Keystone, France, New York

☆ Why workers who lose their jobs to AI will be better off than the Midwest manufacturing employees of two decades ago
▼ + stars: | 2024-08-02 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +9 min

Similar to US manufacturing workers who lost their jobs in recent decades to advancements like automation, those displaced by AI could find themselves without the skills needed for the modern workforce. It comes down to when — and where — AI job losses are likely to materialize. Davis said there are several reasons workers who are displaced by AI should have an easier time finding work than many manufacturing workers of the past. Impacted workers in cities would be more likely to have job opportunities than workers where manufacturing jobs were concentrated, which often were in the Midwest. Widespread AI job displacement won't happen for at least a decadeWhile Davis is uncertain about the timing and scale of AI job displacement, he said he doesn't expect AI to drive major job losses over the next decade.

Persons: —, Goldman Sachs, It's, Steven Davis, Hoover Institute —, Davis, it's, — Davis, they've, they're, Joe Biden, there's, Jim Covello, that's Organizations: Service, Business, Hoover Institute, Stanford University —, Bureau of Labor Statistics —

☆ Japanese Stocks Tumble 6% as Long-Running Surge Falters
▼ + stars: | 2024-08-02 | by ( River Akira Davis | More About River Akira Davis | ) www.nytimes.com time to read: +1 min

A more-than-year-long rally in Japanese stocks, driven by the country’s depreciated currency, hit a wall at the end of the week. Japan’s Topix index, which includes companies that represent a broad swath of the Japanese economy, fell 6.1 percent, extending losses from the previous day. The Nikkei 225 index fell 5.8 percent on Friday. Analysts noted a “state of panic” in Japanese markets following the Bank of Japan’s decision on Wednesday to raise interest rates for only the second time since 2007. The move bolstered Japan’s currency, the yen, which was trading at approximately 149 to the dollar on Friday, a significant recovery from 154 at the start of the week.

Organizations: Bank of Locations: United States

☆ Who is Stephen Nedoroscik? The quirky stories of Team USA’s Olympic pommel horse hero
▼ + stars: | 2024-08-02 | by ( Audrey Snyder | ) www.nytimes.com time to read: +14 min

The kids that like doing that boring part are just not your typical kid.”Memes of Nedoroscik sitting and waiting 2-plus hours to compete went viral this week, while phrases like Pommel Horse Guy, America’s Pommel Horse Hero and the Clark Kent of Pommel Horse spread across the Internet. But when it was time to hop on the pommel horse, he delivered an #Olympics moment. This week, The Athletic spoke with some of Nedoroscik’s former teammates, coaches and supporters to hear their best stories of America’s Mr. Pommel Horse. “That’s Stephen. (Matt Marton / USA Today)Taking away the Rubik’s CubeNedoroscik was obsessive and passionate about learning pommel horse.

Persons: Matt Carbone, Carbone, that’s, Stephen, ”, he’s, Stephen Nedoroscik, haven’t, ” Carbone, “ We’re, Nedoroscik, Liz Gonzalez, Bob, it’s, Liz, Bob —, —, Bob Gonzalez, “ They’re, Guy, Clark Kent, Ben Cooperman, ” Cooperman, “, USA's Stephen Nedoroscik, 6vRNnUXhF2, America’s, Michael Meagher, Meagher, Steve, …, ” Meagher, ’, he’ll, ’ ” Meagher, “ That’s Stephen, “ He’s, Kareem Abdul, Jabbar, Cooperman, Matt Marton, Bryan Perla, ” Nedoroscik, “ He’d, Ian Skirkey, “ I’ve, Brennan Pantazis, Pantazis hadn’t, Pantazis, ‘ Brennan, ” Pantazis, Penn, Jack Baldwin, ” Baldwin, “ Stephen, Baldwin, ” Sam Davis, Davis, ” Davis, ” Said Baldwin, “ That’s, Daniela Porcelli Organizations: Sterling Gym, Paris Olympics, U.S, Penn State, Sterling, University of Massachusetts, ’ Worcester Technical High, Engineering, Worcester Tech, Junior, Worcester, NBA, NCAA, Stanford, Penn, Team USA, Rocket, XBox, Rocket League Locations: Sterling ,, Worcester, Paris, USA, Las Vegas, Vegas, Penn State, Eurasia

☆ South Sudan is on the rise at the Olympics, just as Luol Deng envisioned it
▼ + stars: | 2024-08-01 | by ( Marcus Thompson Ii | ) www.nytimes.com time to read: +12 min

And that’s way bigger than wins and losses.”Really cool scene outside the arena after USA vs. South Sudan. Back on July 20, in London, South Sudan came within a couple possessions late of upsetting America in an exhibition. In the 11 days since the near upset of the century, South Sudan was searched an estimated 152,000 times. Then, in the country’s Olympics debut, South Sudan beat Puerto Rico to make national history. “There’s a lot of jokes in the media, a lot of people saying certain things about South Sudan.

Persons: Stade Pierre Mauroy, Kang JJ, ”, Royal Ivey, “, vFXBNtpx36 — Marcus Thompson II, Deng could’ve, Duke, he’d, Deng, ” Deng, Steve Kerr, it’s, ” Grant, Luol Deng, Nathaniel S, Butler, NBAE, LeBron James, Stephen Curry, Kevin Durant, Nuni Omot, I’ve, Ivey, Deng didn’t, Deng’s, Manute Bol, He’s, who’ve, ” Omot, Sudan’s JT Thor, Sameer Al, Omot, Kuol, Steph Curry, Wenyen Gabriel, Los Angeles, Anthony Davis, Bam Adebayo, They’re Organizations: Stade, Wec, Sudan didn’t, USA, Milwaukee Bucks, Chicago Bulls, NBA, Athletic, Invest, Team USA, Getty, America, French National Team, Puerto Rico, Sudanese People’s Liberation Movement, Southern, Bulls, United Nations, Food, Kenyan, Sydney Kings, National Basketball League, UNHCR, Los, Los Angeles Laker, Maccabi Tel Locations: D’ASCQ, France, South Sudan, Sudan, USA, Africa, Kenya, London, Puerto, Southern Sudanese, Wau, Egypt, That’s, Eastern Africa, AFP, Ethiopia, Minnesota, Australia, Khartoum, New Hampshire, Maccabi Tel Aviv

It’s been a year since interest rates reached a two-decade high, but they may soon begin to reverse course. The Federal Reserve is expected to hold its benchmark interest rate steady on Wednesday, while signaling that a cut is possible when policy-setting officials meet again in September. If interest rates are elevated for too long, they risk weakening the employment picture. The central bank uses interest rates to influence the broader economy. Home-equity lines of credit and adjustable-rate mortgages — which each carry variable interest rates — generally rise within two billing cycles after a change in the Fed’s rates.

Persons: It’s, ” Jonathan Smoke, that’s, Freddie Mac, ”, Sam Khater, —, “ Banks, Ken Tumin Organizations: Federal, “ Manufacturers, Cox Automotive, Treasury, Savings Vehicles Locations: Edmunds

☆ An NFL legend was handcuffed on a United plane and barred from flying. Weeks later, a flight attendant involved in the incident has left the airline.
▼ + stars: | 2024-07-31 | by ( Nora Redmond | ) www.businessinsider.com time to read: +1 min

Terrell Davis said he was handcuffed and removed from a United Airlines flight and barred from flying. United apologized, rescinded the ban, and said the flight attendant is no longer employed by the airline. AdvertisementA United flight attendant involved in an incident with NFL Hall of Famer Terrell Davis is no longer employed by the airline, it confirmed to Business Insider Wednesday. Earlier in July, Davis said in an Instagram post that he was handcuffed and removed from a flight to California on July 13. This story is available exclusively to Business Insider subscribers.

Persons: Terrell Davis, Davis, —, NFL Hall of Famer Terrell Davis Organizations: United Airlines, Service, NFL Hall of Famer, Business Locations: California

☆ Ilona Maher, Frederick Richard and other viral Olympians winning medals and hearts
▼ + stars: | 2024-07-31 | by ( Scottie Andrew | ) edition.cnn.com time to read: +10 min

Ilona MaherIlona Maher competes in rugby sevens on July 28 at the Paris Olympics. Frederick ‘Fred’ RichardFrederick Richard competes on the high bar during the men's artistic gymnastics team final on day three of the Paris Olympic Games. Jamie Squire/Getty ImagesTeam: USASport: Men’s gymnasticsIt’s a bird, it’s a plane, it’s — Stephen Nederoscik! And for good reason: He’s the only American gymnast who’s made the Olympic team as a single-event athlete. Kim YejiKim Yeji shoots during the Women's 10m Air Pistol Final on day two of the Paris Olympic Games.

Persons: CNN —, Simone Biles, Sha’Carri Richardson, Katie Ledecky, Ilona Maher Ilona Maher, Hugo Pfeiffer, she’d, Ilona Maher, she’s, Maher, didn’t, ”, Frederick ‘ Fred ’ Richard Frederick Richard, Jamie Squire, Fred Richard’s, Richard, he’s, Stephen Nederoscik Stephen Nedoroscik, it’s, Stephen Nederoscik, Clark Kent, Nederoscik, who’s, Team USA’s Clark Kent, sweated, Games ’, Tyler, Xi, Wang He, Tyler Downs, He’s, he’ll, Greg Duncan, Kim Yeji Kim Yeji, Charles McQuillan, Kim Yeji, Kim, Oh Ye, Jin, ” Kim, Henrik Christiansen, Henrik Christiansen’s, Christiansen, They’ve, flails, Will Christiansen, Daniella Ramirez, Andrew Kelly, It’s, Ramirez, LeBron James, Coco Gauff, James, Gauff, George Washington, Erik Shoji, Shoji, ” Tara Davis, Tara Davis, Woodhall, Davis, Hunter Woodhall Organizations: CNN, Summer, Paris Olympics, USA, Paris Games, Olympics, BMI, US women’s rugby, Paris Olympic, Getty, Team USA, Olympic Games, Team, Games, Apple, Eiffel, USA’s, Paris Olympic Games, South Korea, Associated Press, Reuters, Woodhall Locations: Paris, Xi An, China, Seine, He’s, Norway, Delaware, Rio, Pisa, “

☆ Japan Raises Interest Rates for Second Time Since 2007
▼ + stars: | 2024-07-31 | by ( River Akira Davis | ) www.nytimes.com time to read: +1 min

For only the second time in nearly two decades, Japan’s central bank on Wednesday raised interest rates, a move that could help bolster the country’s ailing currency and ease the burden of consumers paying more for imported essentials like food and energy. The Japanese central bank increased its target policy rate to 0.25 percent, up from a range of zero to 0.1 percent. The rate was last bumped up in March, when the bank raised interest rates for the first time since 2007. The large gap between interest rates in Japan and the United States has caused the yen to fall in value against the dollar over the past two years, but it regained some strength recently as traders anticipated an imminent rate increase from the Bank of Japan. The Bank of Japan’s decision was being closely watched by investors and economists inside and outside of Japan.

Organizations: Bank of Japan, The Locations: Japan, United States

☆ Fainting, heart attacks, and death. How pilots handle medical emergencies in midair.
▼ + stars: | 2024-07-31 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +4 min

Read previewThe last thing airline passengers want or expect is for a pilot to have a medical emergency during a flight. Medical emergencies are planned forKent Davis spent over 30 years as a pilot for commercial airlines and private clients. He said he made an emergency landing in Ottawa, while the flight attendants on board cared for the pilot. In August, a LATAM Airlines pilot on a three-person crew had a medical emergency during a flight from Miami, Florida, to Santiago, Chile. He received medical attention after the plane made an emergency landing in Panama, but was later declared dead.

Persons: —, Kent Davis, Mark Stephens, it's, Davis, Stephens Organizations: Service, Business, US, Trans Global Aviation Solutions, China News Service, Airbus, LATAM Airlines, NBC Locations: London, Lisbon, Montreal, Toronto, Ottawa, Miami , Florida, Santiago, Chile, Panama, Piper

☆ OpenAI's releasing a new AI model soon, and there's a lot at stake
▼ + stars: | 2024-07-31 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In today's big story, what to expect from OpenAI's newest AI model that's in the works. GPT-5, the newest model upgrade for OpenAI's chatbot, is coming soon . AdvertisementOpenAI has a lot riding on its newest model, including its ability to get customers to cough up more cash. That's not ideal for a company that's preparing to take on one of the biggest juggernauts in tech: Google's Search.

Persons: —, Z's, Let's, Nordin Catic, OpenAI, Darius Rafieyan, Darius, ChatGPT, Justin Sullivan, Chelsea Jia Feng, it's, Sam Altman, Ned Davis, David Solomon, Goldman Sachs, David Zalubowski, Chiang Ying, Mark Zuckerberg, Jensen Huang, Alexa von Tobel, Tyler Le, Mark Zuckerberg's, It's, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Service, Business, Getty, OpenAI, Ned Davis Research, Blackstone, Harvard, Microsoft, Starbucks, Apple, Apple Intelligence, Fed, Meta, Boeing, Kraft Locations: undergrad, New York, China, London

Roy Cooper has taken himself out of consideration to be Vice President Kamala Harris’ running mate, according to two sources familiar with the discussions, in a sign that the accelerated search has entered a new phase. A decision could come within a week, two people familiar with the matter said, with Harris’ goal to make an announcement before August 7. She intends to have private conversations with top contenders, sources said, but it was unclear whether those discussions have started. Cooper, whose friendship with Harris dates back to their time serving as the attorneys general of their respective states, was also the oldest candidate under consideration. His age, 67, was seen by some Democrats to be at odds with Harris’ push for a vigorous and younger ticket, the sources said.

Persons: Roy Cooper, Kamala Harris ’, Harris ’, Cooper, Harris, Mark Robinson, Josh Shapiro, Arizona Sen, Mark Kelly, Tim Walz, Andy Beshear, Pete Buttigieg Organizations: North Carolina Gov, Republican, Pennsylvania, Arizona, Minnesota Gov, Kentucky Gov, CNN Locations: Kentucky

Japanese companies established Thailand’s auto industry virtually from scratch, dating back to the years after World War II. By the late 1970s, Japanese brands commanded around 90 percent of car sales in Thailand. Now Japanese automakers’ stronghold is finally being loosened by Chinese manufacturers that offer something they don’t: electric vehicles at affordable prices. The influx of Chinese brands like BYD, Great Wall Motor and SAIC Motor in the past two years is ringing alarms in Japan. In December, Srettha Thavisin, Thailand’s prime minister, traveled to Japan with a message for Japanese companies: Move quickly, invest in electric vehicles or lose out to China.

Persons: Srettha Organizations: South Korean, Motor, SAIC Locations: Thailand, Japan, China

☆ Vanguard President Greg Davis on the rotation out of mega cap and into small cap stocks
▼ + stars: | 2024-07-30 | 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 EmailVanguard President Greg Davis on the rotation out of mega cap and into small cap stocksGreg Davis, president and chief investment officer at Vanguard, discusses his outlook for markets, retirement investment strategy and more.

Persons: Greg Davis Organizations: Vanguard

☆ Small-cap stocks still look cheap after big July rally, Vanguard CIO says
▼ + stars: | 2024-07-30 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

Greg Davis, the firm's president and CIO, told CNBC's Bob Pisani that the small-cap rebound makes sense from a valuation standpoint and could keep going. "Small caps, to us, still look relatively cheap — relative to some of the large-cap alternatives that are out there," Davis said. The small-cap Russell 2000 is up nearly 10% in July, while the S & P 500 is flat and the Nasdaq Composite is down 2%. Small-cap value , in particular, has outperformed, including the Vanguard Russell 2000 Value ETF (VTWV) , which is up 11.9%. The small-cap rally comes after this bull market was mainly led by a handful of Big Tech stocks, including Nvidia and Microsoft .

Persons: Greg Davis, CNBC's Bob Pisani, Davis, Russell, Vanguard Russell, it's, Jack Bogle, Salim Ramji Organizations: Vanguard, Nasdaq, Big Tech, Nvidia, Microsoft, BlackRock

CNN —The flight attendant involved in an incident that led to Terrell Davis’ removal from a United Airlines plane in handcuffs “is no longer employed” and the NFL Hall of Famer’s “no fly” ban has been lifted, the airline told CNN Tuesday. Additionally, the airline said the flight attendant involved in the controversy is no longer an employee. It was not immediately clear if the flight attendant’s employment status is a result of the incident involving Davis. The letter “was generated due to the report of the flight attendant - who is no longer employed by United,” Leslie Scott, a spokesperson for United Airlines, said in a statement to CNN. I did not see or interact with him further for the duration of the flight,” Davis wrote July 15, two days after the incident.

Persons: Terrell Davis, “, Davis, United, Parker Stinar, ” Stiner, ” Davis, ” Leslie Scott, ”, Stinar, CNN’s Erin Burnett, ‘ Don’t Organizations: CNN, United Airlines, NFL, United Express, United, Mr, Davis ’, John Wayne Airport Locations: California, @united, Denver, Orange County , California

☆ This chart suggests the current bull market rally in stocks will extend into 2025
▼ + stars: | 2024-07-30 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

The cyclical bull rally starting in October 2022 is expected to last into 2025, according to Ned Davis Research. The firm highlights a chart that shows the historical trends of cyclical bull market rallies, and when they typically end. The research firm published a note last week that included a chart illustrating prior cyclical bull rallies within a secular bull market, as is the current rally. To monitor the current health of the bull rally in stocks, the research firm suggests investors closely monitor earnings results. Ultimately, the recent correction "should give way to another leg higher in the continuing bull market," Ned Davis Research concluded.

Persons: Ned Davis, —, Ned Davis Research, bode Organizations: Ned Davis Research, Service, Nasdaq

☆ Artificial Intelligence Gives Weather Forecasters a New Edge
▼ + stars: | 2024-07-29 | by ( William J. Broad | ) www.nytimes.com time to read: +13 min

Artificial Intelligence Gives Weather Forecasters a New Edge The brainy machines are predicting global weather patterns with new speed and precision, doing in minutes and seconds what once took hours. GraphCast GraphCast Miss. specialist at the European Center for Medium-Range Weather Forecasts, the agency that got upstaged on its Beryl forecast. Even so, reliable weather forecasts turn out to be extraordinarily hard to achieve. As a result, weather forecasts can fail after a few days, and sometimes after a few hours.

Persons: Hurricane Beryl, GraphCast, Beryl MEXICO, Hurricane Beryl Miss ., William B, Davis, ”, Matthew Chantry, Christopher S, Amy McGovern, Dr, McGovern, “, Brandon Bell, Maria Molina, Bretherton, Sir Richard Friend, Rémi Lam, GraphCast’s, Lam, . Lam, Beryl, Hurricane Lee, DeepMind’s GraphCast, . Chantry, Chantry, Paul G, Allen, ‘, we’ve, Molina, Jamie Rhome, Rhome, Mr, There’s Organizations: A.I, Beryl MEXICO CUBA European, JAMAICA European, Beryl MEXICO CUBA JAMAICA Hurricane, National Hurricane Center, Hurricane, NOAA, European Press Agency, Google, European Center, University of Washington, University of Oklahoma, University of Maryland, Royal Academy of Engineering, Cambridge University, Getty, Nvidia, Huawei, Fudan University, Allen Institute for A.I, Microsoft Locations: Va . Ky, N.C, Okla, ., Ala . Texas, Texas, Fla, Va, Kan, Mo, Ky, Beryl MEXICO CUBA, VENEZUELA COLOMBIA, Tenn, Okla ., Beryl MEXICO CUBA JAMAICA, Caribbean, Mexico, Houston, London, DeepMind, Land , Texas, A.I, Freeport , Texas, England, Canada, Nova Scotia, China, Corpus Christi , Texas, Miami

☆ Japan Wanted Higher Inflation. It’s Here, and It Hurts.
▼ + stars: | 2024-07-29 | by ( River Akira Davis | ) www.nytimes.com time to read: +1 min

As the rest of the world fought to keep inflation in check, one country welcomed it with open arms. So while major central banks like the U.S. Federal Reserve raised interest rates to rein in prices, the Bank of Japan kept rates low as inflation accelerated. Businesses could cite their rising costs to justify price increases, leading to higher revenues that went toward higher wages for workers. There have been some promising signs: Big Japanese firms like Toyota have reported large profits and pledged the biggest wage increases for workers in decades. In March, the Bank of Japan raised its policy rate for the first time in 17 years, concluding that the economy had achieved the “virtuous cycle” between wages and prices it had envisioned.

Organizations: U.S . Federal Reserve, Bank of, Toyota, Bank of Japan Locations: Japan, Bank of Japan

☆ Long-term exposure to wildfire smoke linked to increased risk of dementia diagnosis, new study finds
▼ + stars: | 2024-07-29 | by ( Maya Davis | ) edition.cnn.com time to read: +6 min

The researchers measured the impact of PM2.5 - air pollution particles that are 2.5 microns or smaller in diameter – from wildfire smoke as well as other sources, such as motor vehicles and factories. The research also indicates that associations between wildfire smoke and dementia diagnoses are most pronounced among people from racially and ethnically minoritized groups and in high-poverty areas. What you can doIndividuals can protect themselves from air pollution, including wildfire smoke, by staying indoors on poor air quality days. Home air filtration systems, including box fan air circulation, can also significantly improve indoor air quality, she said. “Our paper underscores that [wildfire smoke] is potentially an important one for individual patients and their providers who are who are curious what steps they can take.”

Persons: ”, Holly Elser, Maria Carrillo, they’ll, ” Elser, Dr, Sanjay Gupta, Carillo, there’s Organizations: CNN, International Conference, University of Pennsylvania, Alzheimer’s Association, Western, Get CNN, CNN Health Locations: Southern California, California, Canada, Greece, Western United States, Hawaii

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