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☆ Teachers are digging even deeper to afford classroom necessities
▼ + stars: | 2023-09-02 | by ( Parija Kavilanz | ) edition.cnn.com time to read: +6 min

Teachers, too, are digging deeper to meet their classroom needs out of pocket. As more teachers quit over low salaries and other concerns, it’s exacerbating the ongoing teachers shortage in the United States. Consumer price inflation remains elevated, but has come down considerably since hitting 40-year highs last year. Last year, Gilliam spent about $1,000 stocking up on school supplies. Adjusted for inflation, teachers on average are making $3,644 less than they did 10 years ago, the NEA said.

Persons: aren’t, Sarah Adkins, “, ”, Adkins, who’s, That’s, Jamesha Gilliam, Gilliam, It’s, Gatsby, Bryan Glahn, Glahn, It’s Glahn’s, Bryan Glahn “, ” Glahn, “ There’s Organizations: New, New York CNN, Pennoyer School, Northwest Chicago surburban, Bureau of Labor Statistics, National Education Association, NEA, Northwest Area School Locations: New York, Northwest Chicago, United States, Chicago, Marion County , Florida, Shickshinny, Pennsylvania, Shickshinny , Pennsylvania

☆ Asia's factory activity weakens, China's rebound offers some hope
▼ + stars: | 2023-09-01 | by ( Leika Kihara | ) www.reuters.com time to read: +3 min

While the rebound in China's factory conditions say be a sign official efforts to revive growth is starting to have some effect, manufacturing activity in most of Asia remained stagnant in August. "It's unlikely we'll see a sharp, quick rebound in China's economy. Asia has been among the few bright spots in the global economy, though persistent weakness in China cloud the outlook. It expects China's economy to expand 5.2% this year after a 3.0% increase in 2022. Factory activity also contracted in Taiwan, Malaysia and the Philippines last month, with Indonesia the outlier with a modest expansion, surveys showed.

Persons: Siyi Liu, Toru Nishihama, Leika, Shri Navaratnam Organizations: REUTERS, PMI, P Global, Dai, Research, International Monetary Fund, Jibun Bank, Thomson Locations: Dezhou, Shandong province, China, Japan, Korea, TOKYO, Asia, South Korea, Taiwan, Malaysia, Philippines, Indonesia

☆ British home prices to fall 4% in 2023 as borrowing costs bite: Reuters poll
▼ + stars: | 2023-09-01 | by ( Jonathan Cable | ) www.reuters.com time to read: +4 min

The most pessimistic forecast was for a 10% fall, despite consumer prices expected to rise 7.5% this year, according to a separate Reuters poll. They were expected to flatline in 2024 and rise a little over 3% the year after, little changed from the previous poll. "The London housing market ebbs and flows, yet is there really such a thing as a 'London property market' nowadays?" RENTAL STRESSThose unable or unwilling to make it onto the property ladder will feel the pinch from surging rental costs. Private rental prices paid by tenants in Britain rose 5.3% in the 12 months to July, according to the Office for National Statistics.

Persons: Stefan Wermuth, BoE, Michael McGill, Zoopla, Russell Quirk, Aneisha Beveridge, Jonathan Cable, Mumal Rathore, Rahul Trivedi, Purujit, Mark Potter Organizations: REUTERS, Bank of England, Office, National Statistics, Thomson Locations: London, Britain, Kensington, Mayfair, Barking, Dagenham

☆ Here are 3 costly financial surprises for first-time homebuyers — and how to prepare for them
▼ + stars: | 2023-09-01 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +3 min

Jonathan Ernst | ReutersWith record-high home prices and soaring mortgage interest rates, homeownership has become increasingly unaffordable — and hidden costs can surprise first-time buyers, experts say. Here are three of the most common surprise homeownership expenses and how to prepare for each one, according to experts. Property taxesAs a first-time homebuyer, it's easy to overlook property taxes since you've never paid those levies directly. Home maintenanceThe cost of home repairs and maintenance can also be a hidden expense for first-time homebuyers. As a first-time homebuyer, you need to make sure you have a sufficient cushion for surprises — I'd argue 5% of the home's purchase price at least.

Persons: Jonathan Ernst, homeownership, Vince Darling, you've, Richard Auxier, Kevin Brady, — I'd, Nicole Sullivan Organizations: Reuters, Stonebridge, Urban, Brookings Tax, Wealthspire Advisors, Prism Planning Locations: Alexandria , Virginia, Zillow, Forest Lake , Minnesota, New York

☆ Dollar General shares tank after another disappointing quarter
▼ + stars: | 2023-08-31 | by ( ) www.reuters.com time to read: +2 min

Dollar General shopping carts are seen outside a store in Mount Rainier, Maryland, U.S., June 1, 2021. Shares of the company have fallen about 36% this year, making it one of the worst performers in the S&P 500 in 2023. In an effort to improve its business and lure in value-seeking customers, Dollar General has been investing to keep prices low for its everyday staples, which are typically less profitable. Meanwhile, sales in the home products and apparel segments, which carry higher margins, fell more than 7% each in the second quarter ended August 4. For the quarter, same-store sales fell 0.1%, compared with analysts' average estimate of a 1.08% rise, according to Refinitiv IBES data.

Persons: Erin Scott, Savyata Mishra, Pooja Desai Organizations: REUTERS, Thomson Locations: Mount Rainier , Maryland, U.S, Tennessee, Bengaluru

☆ Jack Daniel's maker Brown-Forman misses profit estimate as costs pinch
▼ + stars: | 2023-08-30 | by ( ) www.reuters.com time to read: +2 min

A Whiskey tasting station is seen at the Jack Daniel's distillery in Lynchburg, Tennessee May 10, 2011. Excluding items, Brown-Forman earned 48 cents per share, compared with a profit estimate of 53 cents per share, as per Refinitiv data. A 90-basis-point expansion in gross margin in the quarter was driven by a 250-basis-point benefit from higher pricing as well as a let up in supply-chain costs, Brown-Forman said on a post-earnings call. Its quarterly net sales rose 3%, to $1.04 billion, compared with analysts' average estimate of $1.05 billion. Still, Brown-Forman reaffirmed its annual target of organic net sales growth between 5% and 7% and said it expects demand trends to normalize after two years of strong growth.

Persons: Jack Daniel's, Martinne Geller, Brown, Forman, BFb.N, Jack, Juveria Tabassum, Pooja Desai Organizations: REUTERS, Reserve, U.S, Thomson Locations: Lynchburg , Tennessee, United States, U.S

☆ Kyle Harrison dazzles at home as Giants top Reds
▼ + stars: | 2023-08-29 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

August 29 - Local product Kyle Harrison made his first major league home start a memorable one, striking out 11 and combining with three relievers on a six-hitter in the San Francisco Giants' 4-1 victory over the visiting Cincinnati Reds on Monday night. The closest the Reds came to scoring against Harrison came after he had left two on with one out in the seventh, with the Giants up 4-0. The Reds scored off Tyler Rogers in the eighth on an Elly De La Cruz RBI double after a two-out single by Nick Senzel. Davis had two hits for the Giants, who won a series opener for the first time since Aug. 7 against the Los Angeles Angels. The Reds lost for the fourth time in five games since opening a 10-game Western swing with three straight wins.

Persons: Kyle Harrison, Wilmer Flores, Patrick Bailey, Paul DeJong, Wade Meckler, Harrison, Ryan Walker, Nick Martini, Luis Matos, Christian Encarnacion, Walker, Will Benson, Tyler Rogers, Elly De La Cruz, Nick Senzel, Camilo Doval, Andrew Abbott, Austin Slater, Estrada, Flores, Bailey, Meckler, Abbott, Davis Organizations: San Francisco Giants, Cincinnati Reds, Giants, Reds, Philadelphia Phillies, Chicago Cubs, Arizona Diamondbacks, National League, De La Salle High School, Los Angeles Angels, The Reds, Thomson Locations: Oakland, Concord, Calif, Philadelphia

☆ MLB roundup: Twins edge Rangers on bases-loaded walk in 13th
▼ + stars: | 2023-08-28 | by ( ) www.reuters.com time to read: +21 min

Mets 3, Angels 2Rafael Ortega collected the game-winning RBI single in the bottom of the ninth inning as New York edged visiting Los Angeles. Assad (3-2) gave up one run and three hits in seven innings, with seven strikeouts and two walks. Kyle Tucker and Yainer Diaz hit two-run shots, while Mauricio Dubon and Martin Maldonado had solo blasts. Mets 3, Angels 2Rafael Ortega collected the game-winning RBI single in the bottom of the ninth inning as New York edged visiting Los Angeles. Kyle Tucker and Yainer Diaz hit two-run shots, while Mauricio Dubon and Martin Maldonado had solo blasts.

Persons: Royce Lewis, Jeffrey Becker, Michael A, Taylor, Donovan Solano, Jorge Polanco, Max Kepler, Dylan Floro, Jonathan Hernandez, Lewis, Ryan Jeffers, Joey Gallo, Matt Wallner, Carlos Correa, Jonah Heim, Martinez, Marcus Semien, Rafael Ortega, Francisco Alvarez, Reynaldo Lopez, DJ Stewart, Mark Vientos, Ortega, Adam Ottavino, Alvarez, Pete Alonso, Alonso, Daniel Vogelbach, Luis Rengifo, Brandon Lowe, Randy Arozarena, Zack Littell, Jason Adam, Kyle Higashioka, DJ LeMahieu, Anthony Volpe, Jeimer Candelario, Cody Bellinger, Javier Assad, Bellinger, Nico Hoerner, Assad, Ke'Bryan Hayes, Bailey, Patrick Bailey, Rogers, Austin Slater, Tristan Beck, Scott Alexander, Jared Shuster, Marcell Ozuna, Elias Diaz's groundout, Ryan O'Hearn's, Jake Bird, Justin Lawrence, Yennier Cano, Mookie Betts, Freddie Freeman, Betts, James Outman, Gavin Stone, Caleb Ferguson, Justin Turner, Adam Duvall, Triston Casas, Aaron Nola, Louis, Craig, Kyle Schwarber, Drew Rom, Kole, Ramon Laureno's, Calhoun, Laureano, Emmanuel Clase, Jose Ramirez, Vladimir Guerrero Jr, Davis Schneider, George Springer, Jeremy Pena, Kyle Tucker, Yainer Diaz, Mauricio Dubon, Martin Maldonado, Justin Verlander, Miguel Cabrera, Alex Faedo, Jorge Soler slugged, would've, Soler, Rowdy Tellez, Sal Frelick, Adrian Houser, Bryse Wilson, Gary Sanchez, Matthew Batten, Steven Wilson, Teoscar Hernandez, Julio Rodriguez, Luis Castillo, Castillo, Andres Munoz, Nelson Velazquez, Alec Marsh, Mike Clevinger, Yoan Moncada, Tim Anderson, Andrew Benintendi, Andrew Vaughn, Moncada, Paul Blackburn, Media Teoscar Hernandez Organizations: Minnesota Twins, Texas Rangers, USA, Twins, Texas, The Rangers, Mets, New, Angels, Yankees, Tampa Bay, Rays, Cubs, Pirates, Chicago, Pittsburgh, Giants, Braves, Atlanta, Orioles, Baltimore, Rockies, Dodgers, Red Sox, Los, Boston, Phillies, Cardinals, Philadelphia, St, Blue Jays, Cleveland, Toronto, Guardians, Astros, Tigers, Detroit's Comerica, Detroit, Marlins, Nationals, Miami, Washington, The Marlins, National League East, Brewers, Padres, Milwaukee, National League Central, Mariners, Royals, Seattle, Kansas City, American League West, White Sox, Athletics, Oakland, Media, Thomson Locations: Minneapolis , Minnesota, USA, Minneapolis, Texas, Minnesota, York, Los Angeles, New York, St . Petersburg, Fla, Francisco, Colorado, Baltimore, Nola, Detroit, National League East . Washington, San Diego, Chicago

"The economy is a global economy, right? Yet Fed officials remain puzzled, and somewhat concerned, over conflicting signals in the incoming data. But gross domestic product is still expanding at a pace well above what Fed officials regard as the non-inflationary growth rate of around 1.8%. Difficulties in China, meanwhile, may drag down global growth the longer they fester. Its slowdown after a short-lived growth burst earlier this year could pinch Germany's exports and slow Europe's growth, for instance.

Persons: Jerome Powell, Christine Lagarde, Kazuo Ueda, Ann Saphir, JACKSON, Jackson, Pierre, Olivier Gourinchas, Loretta Mester, Mester, Lagarde, Biden, Nathan Sheets, Powell, Gourinchas, Howard Schneider, Dan Burns, Andrea Ricci Organizations: European Central Bank, Bank of Japan, Kansas City Federal, REUTERS, Federal, U.S, Monetary Fund, Cleveland Fed, Reuters, Citigroup, Consumer, Thomson Locations: Jackson Hole , Wyoming, U.S, , Wyoming, Brazil, Chile, China, Ukraine

☆ MLB roundup: Red Sox ring up 24 hits, pummel Astros 17-1
▼ + stars: | 2023-08-25 | by ( ) www.reuters.com time to read: +7 min

All nine batters in Boston's starting lineup recorded at least one RBI and at least one of the club's season-high 24 hits. The offensive showcase provided more than enough run support for Red Sox starter Brayan Bello (10-7), who gave up one run on nine hits in seven innings. Mauricio Dubon doubled twice for the Astros, who went 1-for-12 with runners in scoring position and left 11 men on base. Rays 5, Rockies 3Josh Lowe hit a go-ahead, two-run homer in the eighth inning, helping host Tampa Bay complete a series sweep of Colorado. Palacios hit a two-run home run and Ji Hwan Bae added an RBI single for the Pirates, who have lost two straight.

Persons: Wilyer Abreu, Pablo Reyes, Erik Williams, Abreu, Connor Wong, Alex Verdugo, Brayan Bello, Alex Bregman, Mauricio Dubon, Mookie Betts, Freddie Freeman, Enrique Hernandez, Michael Busch, Corbin Carroll, Gabriel Moreno, Merrill Kelly, Miguel Castro, Alex Young, Brandon Williamson, Josh Lowe, Randy Arozarena, Matt Koch, Lowe, Alex, Tommy Kahnle, Jake Alu, CJ Abrams, Joey Meneses, Aaron Judge, Patrick Corbin, Gleyber Torres, Ryan Jeffers, Jeffers, Will Smith's, Carlos Correa, Josh Sborz, Michael A, Taylor, Royce Lewis, Kyle Farmer, Ian Happ's, Cody Bellinger, Nico Hoerner, Jeimer Candelario, Justin Steele, Connor Joe's, Adbert Alzolay, Joshua Palacios, Palacios, Ji Hwan Bae, Zack Gelof, Shea Langeliers, Brent Rooker, Tony Kemp, Kemp, Luis Robert Jr, Elvis Andrus, Kyle Gibson, Anthony Santander, Cedric Mullins, Adley Rutschman, Gibson, Felix Bautista Organizations: Boston Red Sox, Houston Astros, Red Sox, Boston, Boston's, Astros, Dodgers, Cleveland, Angeles, The Dodgers, Diamondbacks, Reds, Arizona, Cincinnati, National League, Rays, Rockies, Tampa, Nationals, Yankees, skidding, Rangers, Minnesota, Texas, American League Central, Cubs, Pirates, Chicago, Pittsburgh, Athletics, White Sox, Oakland, Orioles, Blue Jays, Baltimore, Toronto, Thomson Locations: Houston , Texas, USA, Houston's, Angeles, Los Angeles, Phoenix, Cincinnati, Tampa, Colorado, Washington, skidding New York, Kahnle, Minneapolis, Minnesota, Chicago, punctuate

☆ Dollar Tree forecasts tepid annual profit on costs, pivot to spending on essentials
▼ + stars: | 2023-08-24 | by ( ) www.reuters.com time to read: +2 min

A Dollar Tree sign is seen outside the store in Washington, U.S., June 1, 2021. REUTERS/Erin Scott/File Photo Acquire Licensing RightsAug 24 (Reuters) - Dollar Tree (DLTR.O) forecast annual profit largely below estimates on Thursday, owing to higher costs and a shift in spending towards lower-margin consumables. Chief Financial Officer Jeff Davis said the profit outlook was also impacted by unfavorable shrink trends and higher diesel fuel prices. Dollar Tree, like retailers Target (TGT.N) and Macy's (M.N), has been plagued by a rise in retail shrink, where inventory is lost, damaged, or stolen. Dollar Tree said it now expects to earn in the range of $5.78 to $6.08 per share in fiscal 2023, compared with its prior outlook of between $5.73 and $6.13.

Persons: Erin Scott, Jeff Davis, Savyata Mishra, Pooja Desai Organizations: REUTERS, Target, Thomson Locations: Washington , U.S, Chesapeake , Virginia, Bengaluru

☆ How 5 companies are using pricing power to protect profits during high inflation
▼ + stars: | 2023-08-24 | by ( Paulina Likos | ) www.cnbc.com time to read: +10 min

A select group of our Club holdings have recently demonstrated durable pricing power to protect profits during what continues to be a high inflation environment. For companies, elevated inflation means higher input costs — higher costs on the goods and services required to run their businesses. In a recent note, UBS acknowledged, "Inflation may trend back toward the Fed's target sooner than expected reducing the relative advantage of companies with pricing power." In fact, UBS believes that "companies with pricing power have the potential to outperform the broader market in the months ahead." Microsoft's pricing power comes down to the simple fact that they have positioned themselves as a core backbone of global productivity.

Persons: Andrew Bonfield, Jim Umpleby, we'll, Gamble, Gillette, Jon Moeller, Linde, Matthew White, White, Salesforce, Jim Cramer's, Jim Cramer, Jim, Procter & Gamble, Justin Sullivan Organizations: Federal Reserve, UBS, Caterpillar, Procter, Gamble, Linde, LIN, Microsoft, Construction Industries, Resource Industries, Energy, Transportation, Procter & Gamble, Health, Care, Investment, Management, Services Cloud, Cloud, Industries, CNBC, Procter & Locations: U.S, Australia, Canada, New Zealand, Greenbrae , California

☆ Gap reports another period of declining sales across all brands, warns of 'uncertain consumer'
▼ + stars: | 2023-08-24 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +7 min

In this article GPS Follow your favorite stocks CREATE FREE ACCOUNTPedestrians walk past Old Navy and GAP stores in Times Square, New York City. The company is projecting net sales to decrease in the low double-digit range for the fiscal third quarter compared to last year's net sales of $4.04 billion. Sales declined 6% at Old Navy, on top of a sharp 13.6% decline in the prior-year period. Gap is betting Dickson can breathe new life into Gap's brands: its namesake banner, Old Navy, Banana Republic and Athleta. "We know that regardless of market conditions, strong brands, brands that matter, win," said O'Connell.

Persons: Drew Angerer, Katrina O'Connell, Neil Saunders, StreetAccount, Richard Dickson's, Mattel's Barbie, Dickson, Here's, Chris Blakeslee, Alo Yoga, O'Connell Organizations: Navy, GAP, Refinitiv, Old Navy, Mattel, Banana, Republic Locations: Times Square , New York City, Banana Republic, women's, men's, Gap China, North America

But the Logitech G305 Lightspeed is proof that you can find a great entry-level mouse for a lot less. Here's why it's the best wireless gaming mouse you can buy on a budget. Great Price Logitech G305 Lightspeed Wireless Gaming Mouse The Logitech G305 Lightspeed is an excellent choice for entry-level users, casual gamers, and those shopping on a budget. Simple yet mighty, the Logitech G305 Lightspeed is a solid investment for casual gamers and beginners alike. Sarah Saril/InsiderThe Logitech G305 Lightspeed is a great purchase for entry-level users, casual gamers, and budget-minded shoppers.

Persons: I've, Price, Sarah Saril Organizations: Logitech, G305, Price Logitech, Lightspeed, Amazon, AA, Logitech G305 Wireless, Team Fortress

☆ Slide in euro zone service sector sharpens ECB's rates dilemma
▼ + stars: | 2023-08-23 | by ( Jonathan Cable | ) www.reuters.com time to read: +4 min

LONDON, Aug 23 (Reuters) - Euro zone business activity declined far more than thought in August with the slide in Germany particularly fast, while some inflationary pressures returned, surveys showed. Euro zone government bond yields and the euro tumbled after Wednesday's data as traders bet the ECB may soon pause its interest-rate hiking campaign. SERVICE SECTOR SLIDESThe euro zone services PMI sank as indebted consumers feeling the pinch from rising borrowing costs reined in spending. The services output prices index remained elevated at 55.9, albeit the lowest since October 2021 and below July's 56.1. "Another weak PMI for the euro zone confirms a sluggish economy with recession as a downside risk.

Persons: Mark Wall, Sarah Meyssonnier, Bert Colijn, Jonathan Cable, Hugh Lawson, Toby Chopra Organizations: European Central Bank, Reuters, PMI, Deutsche Bank, ECB, P Global, REUTERS, European Union, ING, Thomson Locations: Germany, July's, Europe's, Paris, France

☆ Seth Lugo, Padres blank Marlins in rubber game
▼ + stars: | 2023-08-23 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

Lugo gave up three hits and a walk with four strikeouts over six innings to pick up the win and improve to 5-6. The Marlins loaded the bases with one out on a Josh Bell single and a pair of walks. Ha-Seong Kim opened the Padres' first with a double and scored on Juan Soto's one-out single to give San Diego a 1-0 lead. Former Marlin Garrett Cooper scored the Padres' final run in the seventh after singling to open the inning in his first two-hit game as a Padre. The win gave the Padres a 5-5 record in their longest homestand of the season.

Persons: Seth Lugo, Xander Bogaerts, Lugo, Steven Wilson, Robert Suarez, Tom Cosgrove, Josh Hader, Josh Bell, Hader, Garrett Hampson, Yuli, Cy Young, Sandy Alcantara, Seong Kim, Juan Soto's, Manny Machado, Bogaerts, Marlin Garrett Cooper, Padre, Cooper, Fernando Tatis Jr Organizations: San Diego Padres, Miami Marlins, Marlins, Padres, Miami, Thomson Locations: San Diego, Alcantara

☆ White Sox halt Seattle’s 8-game win streak on walk-off error
▼ + stars: | 2023-08-23 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

August 23 - Tim Anderson scored on a throwing error in the 10th inning to lift the Chicago White Sox to a 5-4 win against the visiting Seattle Mariners, ending their eight-game winning streak on Wednesday afternoon. Justin Topa (3-4) started the 10th with Anderson on second base. Trayce Thompson blasted a two-run homer for the White Sox, who had lost five of their last six games and nine of their last 12. Anderson's RBI single in the third gave Chicago a 1-0 lead. Colas led off the ninth with a double off Andres Munoz before Andrew Benintendi delivered a one-out, pinch-hit RBI single to tie it 4-4.

Persons: Tim Anderson, Justin Topa, Anderson, J.P, Crawford, Trayce Thompson, Oscar Colas, Michael Kopech, George Kirby, Josh Rojas, Colas, Thompson, Jose Caballero, Rojas, Gregory Santos, Julio Rodriguez, Eugenio Suarez, Andres Munoz, Andrew Benintendi, Sammy Peralta, Cal Raleigh, Rodriquez, Peralta Organizations: Chicago White Sox, Seattle Mariners, White Sox, Cleveland Guardians, Chicago, Mariners, Seattle, Cal, Thomson

☆ America's consumer-debt stress is mounting - mortgage rates top 7%, credit-card liabilities hit $1 trillion, and now auto-loan defaults are on the rise
▼ + stars: | 2023-08-22 | by ( Joseph Wilkins | ) www.businessinsider.com time to read: +3 min

Delinquencies on auto loans are rising again – and this could spell trouble for American consumers. Defaults on car loans have risen above pre-pandemic levels to over 2%, per the FDIC. "The trends in consumer loan performance could deteriorate in 2023 if the labor market or economic conditions soften," the report warned. "The concerning asset quality trends in auto loans may worsen if auto prices normalize." US consumer credit-card debt topped $1 trillion last quarter for the first time ever, according to Fed data.

Persons: –, Ray Dalio Organizations: Federal Reserve, Service, Federal Deposit Insurance Locations: Wall, Silicon, delinquencies

☆ Meet Khan Academy's AI tutor
▼ + stars: | 2023-08-21 | by ( Nadia Bidarian | ) edition.cnn.com time to read: +10 min

More than 8,000 teachers and students will test education nonprofit Khan Academy’s artificial intelligence tutor in the classroom this upcoming school year, toying with its interactive features and funneling feedback to Khan Academy if the AI botches an answer. A conversation between CNN's Nadia Bidarian and Khanmigo, Khan Academy's AI chatbot tutor. Khan Lab School is a separate nonprofit founded by Khan Academy CEO Sal Khan. Khan Academy’s in-the-works AI learning course “AI 101 for Teachers,” created in partnership with Code.org, ETS and the International Society for Technology in Education, offers a path toward AI literacy among teachers. Imperfect, but improvingAn AI “tutor” like Khanmigo is not immune to the flubs all large language models face: so-called hallucinations.

Persons: —, Khanmigo, George Washington, Cleopatra, Martin Luther King Jr, CNN's Nadia Bidarian, Khan, Kristen DiCerbo, she’s, DiCerbo, “, Oz, ” DiCerbo, “ We’re, Albert Einstein, Einstein, Socrates, Christopher Nolan’s “ Oppenheimer, ”, Thomas Jefferson, Khanmigo’s Thomas Jefferson, GPT, Leo Lin, Sal Khan, they’ve, Khan Academy’s, ” Ernest Davis, Davis, it’s, ” Davis, Rama Ramakrishnan, ChatGPT, ” Ramakrishnan, “ It’s Organizations: CNN, Khan Academy, Khan, American, Khan Lab, . New York City Public Schools, Seattle Public Schools, Los Angeles Unified School District, EdWeek Research, Code.org, ETS, International Society for Technology, NYU, MIT Locations: Arizona, Independence, California, . New York, Education, United States

☆ After an unpredictable summer, Airbnb and Vrbo operators are deciding if the headaches of hosting are worth it
▼ + stars: | 2023-08-21 | by ( Dan Latu | ) www.businessinsider.com time to read: +5 min

Airbnb and Vrbo demand is strong this summer, but a glut of supply continues to pinch hosts. But some hosts said, even with the demand, the headaches of hosting are no longer worth the money. Courtesy of Ryan VillinesAfter a grueling summer, Airbnb and Vrbo operators are deciding if the headaches of hosting are worth it. "I could be on vacation or out having drinks with friends, but I'm going to have to reply to Airbnb guests who can't get in or can't find the street," she told Insider. Are you a short-term-rental host deciding whether to stay in or leave the industry?

Persons: It's, Ryan Villines, Villines, Peggy Gascon, Ric Kenworthy, Kenworthy, Jen Kelman, She's, Kelman, she's, Dan Latu Organizations: Service, Phoenix Locations: Wall, Silicon, Airbnb, Missouri, Phoenix, Pine , Arizona

☆ Opinion | Elections Are Bad for Democracy
▼ + stars: | 2023-08-21 | by ( Adam Grant | ) www.nytimes.com time to read: +2 min

In a study of elections worldwide, candidates who were rated by experts as having high psychopathy scores actually did better at the ballot box. In the United States, presidents assessed as having psychopathic and narcissistic tendencies were more persuasive with the public than their peers. A common explanation is that they’re masters of fearless dominance and superficial charm, and we mistake their confidence for competence. Sadly, it starts early: Even kids who display narcissistic personality traits get more leadership nominations and claim to be better leaders. Eliminate voting, and candidates with dark triad traits would be less likely than they are now to rise to the top.

Persons: Putin, there’s, Lincoln, They’re Locations: United States

☆ Kroger's secret weapon in the battle for your dining-out dollars is ... sushi
▼ + stars: | 2023-08-19 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +2 min

Kroger has quietly become the biggest sushi seller in the US, The Wall Street Journal reported. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. Sushi sales at US retailers were up 72% in the past year, according to a report by The Wall Street Journal. It began selling sushi in the early 1990s, but realized it had become the country's biggest sushi retailer in 2020 when reviewing data from the research firm Circana Group, the Journal noted. "The California Crunch roll is our most popular cooked sushi roll, and the Rainbow Roll is the most popular raw sushi roll," the spokesperson told Insider by email.

Persons: Kroger, sushi's, Stuart Aitken, it's Organizations: Street Journal, Service, Wall Street, Circana Group, Kroger Locations: Wall, Silicon, West Coast, California, Ohio, —, New York

☆ Asia's refiners face profit crunch as Kuwait cuts crude exports
▼ + stars: | 2023-08-18 | by ( Muyu Xu | ) www.reuters.com time to read: +5 min

Lower Kuwaiti exports follow cuts from OPEC kingpin Saudi Arabia that have pushed Brent prices close to $90 a barrel and left little wriggle room for Asia's refiners, reliant on the Middle East for more than two-thirds of crude imports. Chinese refiners, which have invested heavily in new plants designed to process sour oil, are especially exposed. Discounted oil from Russia has eased some of the pain, replacing some Kuwaiti supply, largely to China and India. Additionally, Kuwait's joint venture 230,000 bpd Duqm refinery in Oman is scheduled to start operation by end-2023, which could reduce Kuwaiti crude exports by a further 100,000 bpd to 200,000 bpd in 2024, the consultancies said. Formosa could replace Kuwaiti supply with grades such as Iraq's Basra Medium, Qatar's al-Shaheen and Oman crude, Lin said, adding it can also process U.S. light sweet crude.

Persons: Brent, Asia's, Janiv Shah, Sun Jianan, Al Zour, consultancies, KPC, Lin, al, James Forbes, Muyu Xu, Florence Tan, Sonali Paul Organizations: Kuwait Oil Tanker, Oil, Companies, Lower, Saudi, United Arab, Rystad Energy, P, Kuwait Petroleum Corp, Shenghong, Taiwan Formosa Petrochemical Corp, FGE, Dubai, Brent, Thomson Locations: Kuwait, Pier, Companies Kuwait, SINGAPORE, OPEC, Lower Kuwaiti, Saudi Arabia, Russia, China, India, Iraq, United Arab Emirates, UAE, Taiwan, Pakistan, Philippines, Thailand, Oman, PetroChina's, Guangdong, Japan, South Korea, Vietnam, Formosa, Basra, Shaheen, Brent, Dubai

REUTERS/Mario Anzuoni/File Photo Acquire Licensing RightsNEW YORK, Aug 17 (Reuters) - Resilient U.S. consumer spending drove Walmart's (WMT.N) better-than-expected second-quarter results and forecast hike but its international business on Thursday posted its best quarterly performance in several years. The retail behemoth's international business, which spans 19 countries, posted a 13.3% jump in sales during the second quarter, its strongest result since at least 2016, Refinitiv data shows. The unit posted $27.6 billion in sales, or 17% of the company's quarterly revenue, beating market estimates of $26.12 billion. In India, Walmart's majority-owned business Flipkart posted double-digit sales growth and PhonePe processed more than 5 billion transactions in a single month, Walmart said. "Walmart's international business continues to perform well.

Persons: Mario Anzuoni, Walmart's, Doug McMillon, Flipkart, Judith McKenna, McKenna, Kathryn McLay, Jason Benowitz, Siddharth Cavale, Aishwarya Venugopal, Vanessa O'Connell, Mark Porter Organizations: Walmart, REUTERS, Reuters Graphics, Unilever, Caterpillar, Sam's, Walmart International, Walmart's Sam's, Thomson Locations: Rosemead , California, U.S, Canada, United States, Mexico, India, China, New York, Bengaluru

☆ Christopher Morel's walk-off homer powers Cubs past White Sox
▼ + stars: | 2023-08-17 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

[1/36] Aug 16, 2023; Chicago, Illinois, USA; Chicago Cubs starting pitcher Javier Assad (72) delivers a pitch against the Chicago White Sox during the first inning at Wrigley Field. The Cubs managed just three hits over seven innings, and struck out seven times, against White Sox starter Mike Clevinger. The Cubs split the two-game set and went 3-1 against the White Sox this season while improving to 19-8 since July 18. Gavin Sheets clubbed a two-run homer for the White Sox, who won the series opener 5-3 on Tuesday. It was Sheets' ninth homer of the season.

Persons: Javier Assad, Kamil Krzaczynski, Christopher Morel, Mike Clevinger, Nick Madrigal, Aaron Bummer, Gregory Santos, Cody Bellinger, Dansby Swanson, Morel, Drew Smyly, Gavin Sheets, Michael Fulmer, Luis Robert Jr, Yoan Moncada, Andrew Vaughn, Andrew Benintendi, Robert, Robert's, Ian Happ, Benintendi, Sheets, Assad Organizations: Chicago Cubs, Chicago White Sox, Wrigley, Cubs, White Sox, Wrigley Field, Clevinger, Thomson Locations: Chicago , Illinois, USA

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