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☆ History shows Wall Street can sustain its first half advance. How Jim Cramer is playing it
▼ + stars: | 2023-07-06 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +8 min

While together, the Nasdaq's nearly 20% annual gain in 1983 was quite respectable, the second half was clearly less fruitful. "I don't like the setup now for the beginning of the second half, although I think the second half could be strong." .SPX YTD mountain S & P 500 YTD peformance For the broader S & P 500, recent history suggests that its first-half strength, rising almost 16%, could be built on over the next six months. "That's why I think a strong first half tends to carry over into a strong second half." Stovall said he can envision some choppiness ahead for the S & P 500.

Persons: Jim Cramer, Jim, Wells, JPMorgan Chase, Morgan Stanley, Stocks, tech's, Sam Stovall Sam Stovall, Stovall, UBS Global Wealth Management Claudia Panseri, Claudia Panseri, Panseri, Jim Cramer's, Spencer Platt Organizations: Nasdaq, Procter & Gamble, Club, JPMorgan, Big Tech, FactSet, Federal Reserve, CFRA Research, CNBC, UBS Global Wealth Management, New York Stock Exchange, Getty Locations: U.S

☆ Ukraine's attacks on Russian commanders have the US Army worried about its own 'fat and ponderous' command posts
▼ + stars: | 2023-07-06 | by ( Michael Peck | ) www.businessinsider.com time to read: +8 min

Ukraine's military has been using its long-range weapons to attack Russian command posts. A command post set up at the National Training Center at Fort Irwin in California during a training exercise. A destroyed Russian army command post pictured on March 13, 2022. One is to move command posts further from the lines and fortify them against bombardment or special-forces raids. Virtual reality would enable command posts to remain in secure locations far from the front.

Persons: —, Scott Woodward, James Geelen, Michael Peck Organizations: Army, Service, Command, US Army, National Training Center, Fort, GPS, CPs, Arms Army, Milford Beagle, US, Britain's Royal United Services Institute, Ukrainian Armed Forces, US Army CPs, Colorado . US Army, James Geelen Command, Defense, Foreign Policy, Twitter, LinkedIn Locations: Ukraine, Russian, Fort Irwin, California, Chornobaivka, Ukrainian, Kherson, Gen, Fort Leavenworth in Kansas, China, Taiwan, Russia, Fort Carson, Colorado, Forbes

☆ Where 9-Year-Olds Do 60 M.P.H.
▼ + stars: | 2023-07-06 | by ( Scott Rossi | Maria Jimenez Moya | ) www.nytimes.com time to read: +1 min

As mechanics tinkered with vehicles, drivers talked strategy with their coaches and tried to memorize the curves of the racetrack at the Speedsportz Racing Park outside Houston. “I imagine it in my brain,” said Mikey Collins as he waited for his heat to start on the last weekend in April. “I envision it and try to do laps.”Mikey isn’t a professional racecar driver, yet — he’s only 9. But for lots of kids who dream of racing professionally, this is where it all starts: steering go-karts around a twisting track at 60 to 70 miles an hour, flying just inches over the ground. Like lots of drivers, Mikey started young, when he was just 5, on his local track in Orlando, Fla.

Persons: “, ”, Mikey Collins, ” Mikey isn’t, Mikey Organizations: Texas, Prix, ” Locations: Houston, Orlando, Fla, Texas

☆ How a Mentor to At-Risk Young Men Spends His Sundays
▼ + stars: | 2023-07-02 | by ( Tammy Lagorce | ) www.nytimes.com time to read: +2 min

Before Toddrick Brockington got his job at the Henry Street Settlement, a nonprofit that supports Lower East Side residents, he served 26 years in prison for homicide. Sometimes I lay there; sometimes I stand in the window and look out and try to orient myself for the day. That’s a peaceful time for me, because it’s like I’m the only one up and I have the world to myself. I’m in the process of reading “Outliers” by Malcolm Gladwell for the third time. When I went to prison, I didn’t have a G.E.D., so I obtained my G.E.D.

Persons: Toddrick Brockington, ”, Brockington, Malcolm Gladwell, Henry, James Allen Organizations: Henry, Henry Street, La Guardia, Reading Locations: Lower, Side, West, Bronx, La

☆ My brother and I make 7 figures in revenue from our AI newsletter. Here's how ChatGPT helped us grow and bring in more money.
▼ + stars: | 2023-06-30 | by ( Ellen Nguyen | ) www.businessinsider.com time to read: +6 min

Zain Kahn and his brother, Awais, are the cofounders of the AI newsletter Superhuman. This as-told-to essay is based on a conversation with Zain Kahn, the 29-year-old cofounder of an AI newsletter based in Pakistan. As cofounders of the AI newsletter Superhuman, my brother, Awais, and I lead a team of eight, which consists of six full-time and two part-time employees. I first tested the newsletter content in Twitter-thread format, where I have a following of more than 400,000, and it went from there. When I launched a course last December, I saw more conversions from my 5,000 newsletter subscribers than I did from my 500,000 online followers.

Persons: Zain Kahn, Awais, I've, We've, we've, I'm Organizations: Flair, Twitter, LinkedIn Locations: Pakistan, Canada, Dubai

The flight, dubbed Galactic 01, comes two years after Branson himself rode along with five other Virgin Galactic Holdings Inc (SPCE.N) personnel for the company's first fully crewed test spaceflight of its rocket plane, VSS Unity. Back then, Virgin Galactic officials said they expected to begin regular commercial operations in 2022 following additional test flights. Virgin Galactic had projected booking its first 1,000 paying customers, charging about $250,000 per seat, by the time commercial service opened. An earlier prototype of Virgin Galactic's rocket plane crashed during a test flight over California's Mojave Desert in 2014, killing one pilot and seriously injuring another. Billionaire rival Jeff Bezos, whose astro-tourist venture Blue Origin has already flown several commercial passenger flights, has disparaged Virgin Galactic as falling short of a true spaceflight experience.

Persons: Richard Branson, Joe Skipper, Branson, Walter Villadei, Angelo Landolfi, Pantaleone, Colin Bennett, Michael Masucci, Nicola Pecile, Branson's, Jeff Bezos, Virgin, Shepard rocketship, Jose Luis Gonzalez, Steve Gorman, Will Dunham Organizations: Virgin, Unity, REUTERS, Virgin Galactic, National Research Council, Virgin Galactic Holdings Inc, VSS, Galactic, SpaceX, Origin, Italian Air Force, International Space, Air Force, . Air Force, America, Corporate, NASA, U.S . Air Force, Thomson Locations: New Mexico, U.S, Italy, Mexico, Italian, Branson, Bezos, Los Angeles

☆ Opinion | How Do You Replace an Elite?
▼ + stars: | 2023-06-28 | by ( Ross Douthat | ) www.nytimes.com time to read: +3 min

So for Deneen to recoil from both the Boomer and woke versions of elite power and imagine what he terms common-good conservatism in their place is by no means un-American. There are versions of post-liberalism that seem to envision a truly different American regime — a confessional state or a monarchy or an administration of Platonic guardians. But Deneen usually talks more like a small-d democrat, trying to revive his own country’s buried sub-traditions. Crucially, though, Deneen comes to the scene after seven decades in which conservatism’s attempted elite-replacement project has repeatedly and conspicuously failed. So the right of 2023 needs a theory for why, up till now, its elite-replacement effort has been so disappointing.

Persons: Deneen, conservatism’s, thrall, Cornel West, John Locke, John Stuart Mill, James Madison, Ayn Rand Organizations: Cornel West ., soulcraft, Cato Institute

☆ Check out the pitch deck Maza used to get Andreessen Horowitz to lead its $8 million seed round to help immigrants access financial services in the US
▼ + stars: | 2023-06-28 | by ( Madeline Renbarger | ) www.businessinsider.com time to read: +4 min

Now, Maza has just raised $8 million in seed funding from investors like Andreessen Horowitz. A year and a half later, and Maza has raised $8 million in seed funding led by Andreessen Horowitz. Customers will have access to Maza's banking services, which include card services, check deposit, and tax services. Down the road, however, the cofounders envision Maza as an "identity" company rather than a banking company, akin to CLEAR in airports, said Arango. Check out the 14-slide pitch deck that Maza used to raise $8 million in seed funding: (Note: certain proprietary information has been redacted.)

Persons: Maza, Andreessen Horowitz, Maza cofounders Luciano Arango, Robbie Figueroa, Siggy, Arango, Anré Williams, Figueroa, Wells Fargo, Seema Amble Organizations: Maza's, LinkedIn, SV Angel, Restive Ventures, Global Founders Capital, American Express National Bank, William Hockey, Plaid Locations: United States, Bilstein, Maza, Wells, Colombia

☆ More than 100 U.S. political elites have family links to slavery
▼ + stars: | 2023-06-27 | by ( Reuters Graphic | ) www.reuters.com time to read: +46 min

Then the war came, and according to the family history, Union soldiers plundered Sessions’ 27-room house. About 48 years old at the time, he did not stand a chance to succeed without slavery, the family history suggests. ‘A Better Nation’Some historians and genealogists say there is a valuable reason for white leaders – and other white Americans – to explore their links to slavery. Nicka Sewell-Smith, a professional genealogist with the family history website Ancestry.com, said people frequently ask her what to do with such documents. The top Democrat on the House Foreign Affairs Committee, Meeks said in an interview that he has spent years trying to trace his family history back before 1870.

Persons: Black, Mitch McConnell, Lindsey Graham, Tom Cotton, James Lankford, Elizabeth Warren, Tammy Duckworth, Jeanne Shaheen, Maggie Hassan, Joe Biden, –, Donald Trump –, Jimmy Carter, George W, Bush, Bill Clinton, Barack Obama, Trump’s, Amy Coney Barrett, Neil Gorsuch –, Asa Hutchinson, Doug Burgum, Tim Scott, James Clyburn, Henry McMaster, ”, Henry Louis Gates Jr, Gates, ” “, ” Gates, enslavers, Tony Burroughs, Biden, Obama, McConnell, Burroughs, Joseph Maddox, Maddox, Sela, Rubin, James, Sal, Sam ”, Graham, Graham didn’t, Nancy Mace, Drucilla, Drucilla Mace, John Mace, Hector Godbolt, John Mace’s, Godbolt, “, ” Nancy Mace, Henry Coe, Duckworth, Coe, Margaret, Isaac, Warner, George …, Isaac Franklin –, “ There’s, ” Duckworth, George Floyd, Donald Trump, ” Biden, ‘, ’, Ben Affleck, ” Affleck, Independent Angus King, Mo Brooks, ” Brooks, Sean Kelley, Kelley, White, don’t, wasn’t, Richard Sessions, Pete Sessions, Richard’s, William Sessions, John Cowger, Tom Cotton of, ” Cotton’s, Cowger, Cotton, Archibald Crawford, Juneteenth, Shaheen, Pocahontas, Edmond Dillehay, Peter ”, Milly, Lankford, ” Lankford, Joe Wilson, Stephen H, Wilson, Boineau, General David Addison Weisiger, Wilson –, Addison Graves Wilson –, Weisiger “, ” Wilson, Daniel Weisiger, Daniel Weisiger’s, Samuel, Samuel Weisiger, Daniel, Julia Brownley, Jesse Brownley, Brownley, ” Brownley, Thomas Ferguson, Brooks, Manumission, Marie Jenkins Schwartz, ” “ It’s, Union General William Tecumseh Sherman, Harvard’s Gates, Sherman, Andrew Johnson, Abraham Lincoln, Nicka Sewell, Smith, Ancestry.com, ” Sewell, LaBrenda Garrett, Nelson, Garrett, Rick Larsen, John Wiggins, Larsen, – Gilbura, George, Agg –, ” Larsen, Gilbura, Agg, Gregory Meeks, Meeks, Jim Crow South, – Meeks, – “, ” Meeks, “ I’m, I’m, Tom Bergin, Makini Brice, Nicholas P, Brown, Donna Bryson, Lawrence Delevingne, Brad Heath, Andrea Januta, Gui Qing Koh, Tom Lasseter, Grant Smith, Maurice Tamman, Catherine Tai Design, John Emerson, Jane Ross, Emma Jehle, Jeremy Schultz, Blake Morrison Organizations: Reuters, Republicans, U.S, Supreme, Republican, Harvard University, PBS, United States Congress, Representative, WikiLeaks, Sony, Facebook, White, FedEx, National Museum of, 117th, Independent, University of Essex, Geographic, American Economic, Pete Sessions, Sessions, Federal Bureau of Investigation, Jeanne Shaheen U.S, CNN, Biden, Trump, ” Reuters, South, South Carolina General Assembly, Confederate, statehouse, Congressional, Chesterfield County, Mount Vernon College, George Washington University, Mo Brooks Former U.S, “, New York Times, United, Federal Government, Union, Black, Southern, Democrat, House Foreign Affairs, Klux Klan Locations: U.S, America, Confederate States, Arkansas, North Dakota, South Carolina, Congress, Black, Northern, Southern, Illinois, Virginia, Frederick County , Virginia, United States, Minnesota, ”, Mo Brooks of Alabama, American, Texas, Mississippi, Chicot County , Arkansas, Chicot County, Tom Cotton of Arkansas, Yell County, Yell County , Arkansas, New Hampshire, Oklahoma, Tulsa, Georgia, Pennsylvania, Michigan, Frankfurt, Germany, Chesterfield County , Virginia, California, Portsmouth , Virginia, Alabama, Haywood County , North Carolina, Antebellum, United States of America, Washington, Nicholas County , Kentucky, Queens , New York, New York, York County, Mende, Sierra Leone, Africa, Bunce

☆ Lukashenko's mediation in Kremlin crisis stretches credibility
▼ + stars: | 2023-06-25 | by ( Nathan Hodge | ) edition.cnn.com time to read: +3 min

CNN —Nearly three years ago, Russian President Vladimir Putin stood by Belarusian President Alexander Lukashenko in his hour of need, backing Europe’s longest-running dictator as he faced a wave of street protests. Now Lukashenko appears to have come through for Putin, if we are to believe what the Kremlin and the Belarusian presidential press service tell us. A quick recap: A major crisis shook the foundations of the Russian state Saturday, as forces loyal to Wagner mercenary boss Yevgeny Prigozhin marched toward Moscow. And the Kremlin and Belarusian account of Lukashenko’s mediation appear to stretch credibility. And it was his personal proposal, which was agreed with President Putin.

Persons: Vladimir Putin, Alexander Lukashenko, Europe’s, Lukashenko, Wagner, Yevgeny Prigozhin, Prigozhin, —, –, Dmitry Peskov, Alexander Grigoryevich, Putin, Peskov, “, what’s, Putin —, Russia —, Delegating Lukashenko, Prigozhin’s Organizations: CNN, Putin, Kremlin Locations: Russian, Moscow, Belarus, Russia, Ukraine, Belarusian, Africa

Dara Treseder, chief marketing officer, AutodeskDara Treseder, the chief marketing officer at Autodesk. Autodesk is a software company that makes products architects and engineers often use, but its name isn't well-known beyond the professionals that rely on its tools. Within 30 days of joining the company, Treseder worked with Ryan Reynolds' agency, Maximum Effort, to launch the company's first TV ad in over ten years. The company's next TV-related success was the "Otto Desć" campaign during the 2023 Oscars, which got over 25 million views. Treseder worked with the French government to launch a campaign on the Autodesk website to make sure consumers knew of Autodesk's contribution.

Persons: Dara Treseder, Autodesk Dara Treseder, —, Treseder, she's, Ryan Reynolds, Otto Desć, influencers Organizations: Autodesk, Autodesk —, Notre Dame Cathedral

☆ In a Flash, How Sasha Calle Became Supergirl
▼ + stars: | 2023-06-19 | by ( Brandon Yu | ) www.nytimes.com time to read: +1 min

Sitting in a cafe in Los Angeles’s Eagle Rock neighborhood, Calle actively avoided speaking about Miller, even indirectly, instead focusing on her own experience taking on this role. “Everyone says it to me, they’re like, ‘How are you feeling? Your life’s about to change.’ And I’m not there,” Calle said. And kind of go with the flow, but I don’t think about it like that. I don’t know what it’s going to be like.”In a discussion the morning before the film had its Hollywood premiere, Calle spoke about her audition, her inspirations and the possible future of Supergirl.

Persons: Miller, “, ” Calle, Calle, Theron Organizations: Eagle, Hollywood, AMDA College of the Performing Arts Locations: Eagle Rock, Los Angeles

☆ The market isn't buying the Fed's tough talk on interest rates
▼ + stars: | 2023-06-15 | by ( Jeff Cox | ) www.cnbc.com time to read: +5 min

Try as the Federal Reserve did Wednesday to send the message that multiple interest rate hikes are ahead, the market wasn't buying it. Indeed, market pricing reflected a high level of skepticism that the Fed is going to do much more in terms of policy tightening. That came even though 12 of the 18 FOMC members said they envision rate hikes totaling 50 basis points, or 0.5 percentage point, by the end of 2023. "Fed Funds Futures aren't buying to [Wednesday's] FOMC SEP guidance of 2 more rate hikes this year," wrote Nicholas Colas, co-founder of DataTrek Research. Powell's news conference after the decision to skip a rate hike at this week's meeting went in multiple directions.

Persons: Quincy Krosby, Jerome, Powell, Nicholas Colas, Goldman Sachs, David Mericle, that's, Matthew Luzzetti, Christopher Waller, James Bullard Organizations: Federal Reserve, Fed, LPL, Dow Jones Industrial, DataTrek, Empire, Manufacturing Survey, Deutsche Bank, Louis Locations: St

☆ Federal Reserve Meeting Fed Leaves Rates Unchanged: Live Updates
▼ + stars: | 2023-06-14 | by ( Jeanna Smialek | Joe Rennison | ) www.nytimes.com time to read: +7 min

Credit card rates are closely linked to the Federal Reserve’s actions, which means consumers have seen those rates rise over the past year. After raising interest rates 10 times over the past 15 months, the Federal Reserve is expected to take a break on Wednesday and hold rates steady. The Federal Reserve has already raised its benchmark rate, the federal funds rate, to a range of 5 to 5.25 percent to rein in inflation, which is showing signs of slowing. Used-car rates were even higher: The average loan carried a 11 percent rate in May, up from 8.2 percent a year earlier. 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: ”, Anna N’Jie, Bankrate.com, Matt Schulz, Jonathan Smoke, Edmunds.com, that’s, —, Freddie Mac, Ken Tumin, DepositAccounts.com Organizations: Federal Reserve, Fed, Re, LendingTree, Cox Automotive, Treasury, Savings Vehicles Savers, Consumers, DepositAccounts.com Locations: San Francisco .

☆ What Higher Interest Rates Mean for Mortgages, Credit Cards and More
▼ + stars: | 2023-06-14 | by ( Tara Siegel Bernard | ) www.nytimes.com time to read: +1 min

After raising interest rates 10 times over the past 15 months, the Federal Reserve is expected to take a break on Wednesday and hold rates steady. But the cumulative effects of past rate increases will continue to squeeze the budgets of debt-laden Americans, while rewarding those with money to stash in savings. The Federal Reserve has already raised its benchmark rate, the federal funds rate, to a range of 5 to 5.25 percent to rein in inflation, which is showing signs of slowing. But prices remain elevated — and the Fed could decide to lift rates again as soon as next month. “We were very spoiled for a while with low rates, and that lulled us into a false sense of security in terms of what the true cost of debt can be,” said Anna N’Jie-Konte, president of Re-Envision Wealth, a wealth management firm.

Persons: ”, Anna N’Jie Organizations: Federal Reserve, Fed, Re

☆ Fed Expected to Pause Rate Increases: Live Updates
▼ + stars: | 2023-06-14 | by ( Jeanna Smialek | Joe Rennison | ) www.nytimes.com time to read: +7 min

The Federal Reserve has already raised its benchmark rate, the federal funds rate, to a range of 5 to 5.25 percent to rein in inflation, which is showing signs of slowing. The average credit card rate was 20.44 percent as of June 3, according to Bankrate.com, up from around 16 percent in March last year, when the Fed began its series of rate increases. The average rate on new car loans was 7.1 percent in May, according to Edmunds.com, up from 5.1 percent last year. Used-car rates were even higher: The average loan carried a 11 percent rate in May, up from 8.2 percent a year earlier. The average rate for an identical loan was 5.23 percent the same week in 2022.

☆ Abandoned stores are coming back to life as pickleball courts, thanks to startups ready to cash in on the trend
▼ + stars: | 2023-06-12 | by ( Avery Hartmans | ) www.businessinsider.com time to read: +6 min

Pickleball courts are taking over old big-box stores and mall anchor tenants. This Richmond Macy's, which is located inside Regency Square Mall, is just one of dozens of malls, former department stores, and former big-box stores across the country being turned into pickleball facilities. Laaser said former anchor tenants like Macy's are perfect for pickleball, since they're "basically just big boxes" sitting empty inside declining malls. There's a 'gold rush' on indoor pickleball courtsAn indoor pickleball facility operated by The Picklr inside an old Staples store. It's led to an explosion in companies that make pickleball equipment and, more recently, dedicated pickleball facilities.

Persons: —, Jon Laaser, Richmond, Laaser, pickleball, It's, Steve Kuhn, Major League Pickleball, Pickleball, Kuhn, Jorge Barragan, Barragan, There's, liquidators, it's, we've Organizations: Service, Staples, Sports & Fitness Industry Association, Major League, Party City Locations: Richmond , Virginia, Regency, Richmond, pickleball, Arizona Mills, Tempe , Arizona, Utah, Colorado

☆ JPMorgan bond chief Bob Michele sees worrying echoes of 2008 in market calm
▼ + stars: | 2023-06-09 | by ( Hugh Son | ) www.cnbc.com time to read: +6 min

"This does remind me an awful lot of that March-to-June period in 2008," said Michele, rattling off the parallels. Last month, JPMorgan bought failed regional player First Republic; in March 2008, JPMorgan took over the investment bank Bear Stearns. Michele oversees more than $700 billion in assets for JPMorgan and is also global head of fixed income for the bank's asset management arm. The cycle coincides with the central bank's steps to rein in market liquidity through a process known as quantitative tightening. Brown | AFP | Getty Images"There are a lot of things that resonate with 2008" including overvalued real estate, he said.

Persons: Bob Michele, JPMorgan Chase, Michele, Jamie Dimon, Rick Rieder, Goldman Sachs, Jan Hatzius, Frederic J, Brown, Ribbing Organizations: & Commodities, JPMorgan, CNBC, First, Bear Stearns, Wall Street, Fed, AFP, Getty Locations: York, BlackRock, Downtown, Los Angeles , California, refinance

"We'll make your life easier and help you set up shop here," he told ProLogium's Chief Executive Vincent Yang. It is one of four such gigafactories Macron hopes will transform the poor, former coal mining area near Belgium into a hub for the EV battery industry, creating jobs and helping to put France at the forefront of Europe's energy transition. "Results don't just fall from the sky," Macron told Reuters in Dunkirk. At the moment, however, France lags well behind Germany when it comes to attracting battery makers. Still, the IRA almost threw ProLogium's investment in France off course, one French presidential adviser told Reuters.

Persons: Emmanuel Macron, Vincent Yang, Ludovic Marin, Taiwan's ProLogium, Macron, Yang, ProLogium, we've, it's, ACC's, Heiner Heimes, Stellantis, Mercedes, Ola Kaellenius, Marc Mortureux, We're, GUY, Xavier Bertrand, ProLogium's Yang, Fabien Roussel, Leigh Thomas, Michel Rose, Silvia Aloisi, David Clarke Organizations: Business, EV, Macron, ACC, Mercedes, Reuters, RWTH Aachen University, Automotive Cells Company, Franco, Benz Group, EU, PFA French, U.S . IRA, French Communist Party, Thomson Locations: of Versailles, Paris, France, Versailles, Dunkirk, Germany, Netherlands, Taiwan, Belgium, EUROPE, Korean, United States, Europe, French, Hungary, Italy, Brussels, Washington

☆ Singapore university unveils Asia’s largest timber building
▼ + stars: | 2023-06-05 | by ( Oscar Holland | ) edition.cnn.com time to read: +7 min

Sprawling across 43,500 square meters (468,000 square feet), it is now Asia’s largest timber building, by floor area. Some countries now even allow for high-rises (or “plyscrapers”), like Milwaukee, Wisconsin’s 25-story Ascent, which at 284 feet, is the world’s tallest mass timber structure. Advocates for mass timber point to the relatively slow and predictable rate at which the material burns. Many of the purported benefits of mass timber are, however, environmental. If a tree is then turned into mass timber, this embodied carbon is sequestered, or “locked in,” rather than being returned to the atmosphere.

Persons: Lee Kuan Yew, sunlit, Gaia, Toyo Ito, “, ”, ” Ito, Ito, Ho Teck Hua, ’ Organizations: Singapore CNN —, Nanyang Technological University’s, Singapore, CNN, RSP, Nanyang Technological, NTU, Construction Authority, NTU Singapore Locations: Singapore, Singapore CNN — Singapore, ”, Nanyang, Austria, Sweden, Finland, Europe, NTU Singapore, Milwaukee, Asia

☆ Zapping a rodent's brain can put it into suspended animation. Scientists want to one day use the same technique for humans traveling to Mars.
▼ + stars: | 2023-06-04 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +7 min

The rats' body temperatures also dropped, though to a lesser level, up to 3.57 F (2 C). If they were able to crack the science of suspended animation, it could make space travel safer and cheaper, especially for long-haul flights like the 16-month-long round trip to Mars. A single astronaut eats about 30 kilograms (66 pounds) of food and water a week, but their consumption could drop by 75% in suspended animation, per the BBC. One avenue to induce suspended animation is to cool the body down dramatically. Nevertheless, most of the research into long-ranging suspended animation is still only being done on animals, and we're likely still a long way away from testing it on humans.

Persons: —, Hong Chen, Chen, Yang, Yuan, Nat Metab, John Bradford, Spaceworks, Kaisa, Vyazovskiy Organizations: Service, Privacy, NASA, European Space Agency, ESA, Washington University, BBC, Astronauts, SpaceWorks Enterprises, CNET, University of Oxford Locations: et, Mars, torpor

☆ ‘The Postcard’ and the Urgency of Holocaust Storytelling - The New York Times
▼ + stars: | 2023-06-03 | by ( Sarah Wildman | ) www.nytimes.com time to read: +2 min

“During the Holocaust, millions of people were killed,” Ms. Berest told me recently. Ms. Berest began her project as she was expecting her first daughter, conscious that the next generation will not know survivors the way we did. Ms. Berest explained she was not told the fine details of her family’s war story as a child. In “The Postcard,” Ms. Berest considers what allowed Jews to be ensnared by their surety that an entire society could not turn against them. I told Ms. Berest that when I contacted one of Lotte’s children during my book project, he told me that references to the war years were “unspeakable” in his childhood home.

Persons: ” Ms, Berest, ”, That’s, Ms Organizations: Auschwitz

☆ Mark Zuckerberg Would Like You to Know About His Workouts
▼ + stars: | 2023-06-02 | by ( Joseph Bernstein | ) www.nytimes.com time to read: +1 min

Picture Mark Zuckerberg. Perhaps you envision the Meta boss and Facebook founder in a gray T-shirt, spotlighted on a Silicon Valley stage. Possibly Jesse Eisenberg, the bony actor who played the fledgling tycoon in “The Social Network” (2010), appears in your mind’s eye. But it’s unlikely you conjure anything like the image Mr. Zuckerberg posted to Instagram (which Meta owns) and Facebook on Monday. He also looks completely focused, like a guy in a Michael Bay movie who just finished a dangerous mission, or at least the Raya profile picture of the actor who plays that guy.

Persons: Mark Zuckerberg, Jesse Eisenberg, Zuckerberg, Michael Organizations: Social Network, Meta, Facebook

☆ Digital doubles, fake trailers: AI worries Hollywood actors before labor talks
▼ + stars: | 2023-06-01 | by ( Lisa Richwine | ) www.reuters.com time to read: +5 min

AI already has divided studios and striking film and television writers, who want assurances that the emerging technology will not be used to generate scripts. SAG-AFTRA wants to ensure its members can control use of their "digital doubles" and ensure studios pay the actual actors appropriately, said Duncan Crabtree-Ireland, the union's chief negotiator. A representative for the AMPTP had no comment on its position on use of AI with actors. In negotiations with the Writers Guild of America (WGA), the AMPTP proposed discussing the topic once a year, which the Guild viewed as an attempt to avoid the issue. You're never going to see anything like that if we're all using AI."

Persons: Julia Louis, Dreyfus, Christine, Wes Anderson, Harry Potter, Bill Murray, Scarlett Johansson, AFTRA, Duncan Crabtree, Crabtree, Tom Cruise, Keanu Reeves, Reeves, Leland Morrill, we're, Morrill, Justine Bateman, Indiana Jones, Harrison Ford, Walt Disney, Ford, Stephen Colbert, James Earl Jones, Darth Vader, Carrie Fisher, AFTRA's Crabtree, Bateman, " Bateman, Lisa Richwine, Jorge Ramos, Dawn Chmielewski, Mary Milliken, David Gregorio Our Organizations: Warner Bros ., Screen, Writers Guild America, YouTube, SAG, Microsoft Corp, Walt Disney Co's, Lucasfilm, Disney, Alliance, Television Producers, Netflix Inc, Writers Guild of America, WGA, Thomson Locations: Burbank , California, ANGELES, Hollywood, Ireland, ., Los Angeles

Harker said he sees promising signs the Fed's rate hikes so far -- five full percentage points since March 2022 -- are having a cooling effect, particularly on housing prices. Uncertainty over inflation dynamics and the pace of credit tightening make him wary of continuing to raise rates. Harker said he expects the economy to grow less than 1% this year, and for the unemployment rate, now at 3.4%, to rise to around 4.4%. He said he could envision the Fed cutting rates if unemployment rises significantly faster, or inflation falls more rapidly, than he currently forecasts. "We don't have to keep moving rates up, and then have to reverse course quickly."

Persons: Patrick Harker, Harker, Corp's, Ann Saphir, Paul Simao Organizations: Philadelphia Federal, National Association for Business Economics, Thomson

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