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What you’ve got to do to get more money from wealth is just let your money go out there and make money on its own. darrick hamiltonYeah, the extent to which our tax code incentivizes wealth and capital growth, it centers on existing wealth and capital growth. $50,000 to the most wealth-poor person seems like a big number, but we need to put that number in context. In other words, wealth begets more wealth, and wealth builds upon itself. ezra kleinI think that’s a great place to end, so I’ll ask our final question.
Persons: ezra klein, we’ve, We’ve, Darrick Hamilton, Biden Sanders, Bernie Sanders, Cory Booker, Ayanna Pressley, darrick hamilton, hamilton, you’re, ezra klein There’s, you’ve, that’s, Thomas Piketty’s, it’s, there’s, ezra klein I’m, , ezra klein We’ve, Bill Gates, Elon, Ezra, Ira Katznelson, Crow, Bill, hasn’t, who’s, I’ve, they’re, ezra klein Let’s, darrick hamilton Naomi Zewde, wouldn’t, Let’s, darrick hamilton Ezra, darrick hamilton I’m, Arthur Lewis, Natalie Diaz, ” Natalie, ezra klein Darrick Hamilton Organizations: The New School, Biden, Task Force, Marshall, Black, Washington D.C, Federal Government, SEED, Oklahoma, Social, Social Security Locations: Hamilton, United States, Prosperity, America, Europe, Tulsa , Oklahoma, Connecticut, Washington, , hamilton
One Year, 61 Clinics: How Dobbs Changed the Abortion LandscapeIn the year since Roe fell, 20 states enacted laws banning or restricting abortion, forcing a rapid shift in the country’s patchwork of abortion access. Hawaii A map showing the locations of abortion providers that have closed, stopped offering abortion services or opened a new location. Gabriela Bhaskar/The New York Times Emily Kask for The New York Times Emily Kask for The New York Times Emily Kask for The New York Times A year ago, the Jackson clinic was the last one standing in Mississippi. Kendrick Brinson for The New York Times Kendrick Brinson for The New York Times Kendrick Brinson for The New York Times Kendrick Brinson for The New York Times Terreisha Rancher, 26, recently sat in an exam room at the West Alabama Women’s Center in Tuscaloosa, pregnant and uninsured. No abortions Austin, Texas Closed Houston No abortions Madison, Wis. No abortions Memphis A grid of photos of abortion clinics in nine locations.
Persons: Roe, Wade, Dobbs, he’s, Mary Mathis, Kendrick Brinson, Madeleine Hordinski, Mo ., Gabriela Bhaskar, New York Times Emily Kask, The New York Times Emily Kask, Jackson, “ Hunt ”, David Carpenter, , , Carpenter wasn’t, Kathaleen Pittman, Emily Kask, Ms, Pittman, The New York Times Madeleine Hordinski, The New York Times Diane Derzis, Diane Derzis, Derzis, Louis, Doug Lane, “ It’s, hasn’t, Josefina Montoya, Dr, Darin Weyhrich, Weyhrich, Sarah Anne Miller, The New York Times “, you’re, The New York Times Kendrick Brinson, Leah Torres, Yashica Robinson, Dalton Johnson, Alabama’s, Robinson, Verónica, The New York Times Verónica, Yolanda Chapa, Derlis Garcia, Bekki Vaden, Jessica Tezak, “ I’ve, Vaden Organizations: The New York Times, Walmart, Physicians, Ore, Neb . Ohio Ind, Ill . Utah W.Va, Miss . Ala . Texas La, Alaska Fla, Jackson, Health Organization, New York Times, Milwaukee, Dallas, Fort, Fort Worth ., San Antonio, Indianapolis, Houston, Alabama Women’s, El Paso, OB, West Alabama Women’s, Medicaid, , , McAllen Pregnancy, Okla, Antonio Locations: Milwaukee, CeeJ, Montgomery, Ala, Bristol, Tenn, Va, Mont, N.D, Vt, Minn, N.H . Idaho, Wis, N.Y, Wyo, Pa . Iowa, Neb . Ohio, Del . Md, Ill . Utah, Colo . Calif, Mo, Mo . Kan, Ky, N.C, Ariz, ., Miss . Ala . Texas, Alaska, Hawaii, New Mexico, Texas, N.H . Idaho S.D, Mass, Conn, R.I . Mich, Nev . Ohio, Kan, Miss . Ala ., New Mexico . Texas, Fla, In Texas, Alaska Hawaii, Texas La, Alaska Fla, Dobbs, Mississippi, Birmingham, Charleston, W.Va, Savannah, Ga, Antonio, Worth, Dallas ; Savannah , Georgia, Fort Worth, Birmingham , Alabama, Charleston , West Virginia, San Antonio, Shreveport, La, Florida, Louisiana, Tennessee, Virginia, Oklahoma, Baton Rouge, Juliet, Falls , Idaho, Orleans, Baton Rouge , Louisiana, New Orleans, Juliet , Tennessee, Indianapolis, St, Louis ; Oklahoma, Twin Falls , Idaho, Jackson, , Huntsville, Illinois, North Carolina, Flagstaff, McKinney , Texas, Austin, Waco, Bend, Houston, Flagstaff , Arizona, Rock , Arkansas, Austin , Texas, El Paso ; Houston ; Waco , Texas, West Bend , Wisconsin, Boise , Idaho, Tuscaloosa, Louisville, Tulsa, Okla, Meridian, Idaho, Memphis, Little Rock , Arkansas, Tulsa , Oklahoma, Meridian , Idaho, Louisville , Kentucky, Oklahoma City, Nashville, McAllen, Sioux, S.D, Madison, Sioux Falls , South Dakota, Madison , Wisconsin, Knoxville
The legislation, sponsored by Idaho Republican Senator Jim Risch, would amend the National Labor Relations Act and the Labor Management Relations Act of 1947 to deter labor slowdowns and prohibit labor organizations from blocking the modernization of ports. It estimated a more widespread strike along the West Coast could cost approximately $1 billion per day. The recent union workers slowdowns impacted key transportation operations, including truckers, the freight rails and ocean vessels. As a result of the slowdowns, $5.2 billion in cargo was stuck off the West Coast ports. "The PLUS Act takes the important step of making intentional labor slowdowns an unfair labor practice.
Persons: slowdowns, Jim Risch, Ted Budd, Mike Crapo, Biden's, Julie Su, Risch, Biden, AB5, Budd, Crapo Organizations: Warehouse Union, Senate, Idaho Republican, National Labor Relations, Labor Management Relations, Pacific Maritime Association, U.S . Chamber, Commerce, Union Pacific, CNBC, Labor, California Labor, Workforce Agency, Capitol, Big Labor Locations: West Coast, West, Idaho, U.S, Los Angeles, Long, Port, Seattle, United States, North
Just over 1 in 4 workers is now entitled to salary transparency by law — and proposals could double that number in the next few years. Pay transparency has become a cornerstone of the labor force in recent years, with Colorado becoming the first state to require employers post pay ranges on job ads in 2021. So far, eight states have salary transparency laws on the books: California, Colorado, Connecticut, Maryland, New York, Nevada, Rhode Island and Washington. Several cities and counties like Cincinnati and Jersey City, N.J., have their own pay transparency requirements. Proponents of salary transparency say it's a crucial piece to closing racial and gender wage gaps, which have barely budged in years.
Persons: , J.B . Pritzker, Kelly Evans, ‘ They’ll Organizations: National Women's Law, Washington D.C, Gov Locations: Colorado, California , Colorado , Connecticut, Maryland , New York , Nevada, Rhode Island, Washington, Cincinnati, Jersey City, N.J, Alaska , Georgia, Hawaii , Illinois , Iowa , Kentucky, Maine , Massachusetts , Missouri, Montana , New Jersey , Oregon, South Dakota , Vermont, Virginia, West Virginia, Illinois, U.S
Tai Chi Is a Workout for the Brain and Body
  + stars: | 2023-06-20 | by ( Cindy Kuzma | ) www.nytimes.com   time to read: +1 min
Rather, they’re the deceptively complex movements of tai chi. With around 250 million practitioners around the globe, tai chi is often cited as one of the world’s most popular physical activities. Unlike karate or taekwondo, tai chi focuses on quiet strength rather than combat, which makes it more accessible to older adults or those who have been injured. The former financial professional, who was born in New York and spent her childhood in Taiwan, also found tai chi beneficial in managing stress and conflict. After about two years, she began teaching, and eventually took over Aiping Tai Chi, the Connecticut school where she had trained.
Persons: Horse’s, Rather, Shirley Chock, Tai Chi Locations: China, New York, Taiwan, Tai, Connecticut
CNN —When four young indigenous children were found last week after 40 days in the Colombian Amazon jungle, their rescuers noticed that the oldest, 13-year-old Lesly Jacobombaire Mucutuy, had something hidden between her teeth. Muñoz told CNN the seeds were from a native Amazon palm tree called Oenocarpus Bataua, colloquially known as “milpesos” in Colombia. The accomplishment feels like a moment of pride for the indigenous community of the Colombian Amazon. One of the traditional tasks of indigenous women is to look after one’s siblings as if they were your own children. Traditional elders like Guerrero attempted to bridge a spiritual link with the children using traditional plants like tobacco, coca, and yagé, the sacred, hallucinogen plant also known as ayahuasca.
Persons: , Eliecer Muñoz, Muñoz, Eliecer Munoz, Daniel Munoz, ” Muñoz, , , Henry Guerrero, Lesly, Fidencio Valencia, milpesos, ” Guerrero, Ranoque Mucutuy, Nelly Kuiru, Kuiru, Manuel Ranoque, San Jose del Guaviare, Guerrero, Magdalena Mucutuy, Leslie, There’s, ” Kuiru, Ranoque, Magdalena Organizations: CNN, AFP, Getty, Army, Cessna, Colombian Military Forces, Reuters, Colombian Amazon, Colombian, Blackhawk, Colombian Amazon Institute of Scientific Research Locations: Colombian, , Colombia, Bogota, Caqueta, La, San Jose, Araracuara, Amazonas
It marks the moment in June of 1865 when Union troops arrived in Texas to inform enslaved African Americans that they were free by executive decree. Though it commemorates a moment when enslaved African Americans were freed, the US is still held captive by several myths about slavery and people like Cummins. 1: African Americans were ‘freed’ after the Civil War endedThere is a popular conception that the formerly enslaved were freed after the Civil War ended. It is what historians call a “Slave Bible.” It is a copy of a Bible that was used by British missionaries to convert enslaved African Americans. Kin Cheung/APThe historical record shows that enslaved African Americans revitalized Christianity in other ways, historians say.
Persons: Tempie ” Cummins stoically, Cummins, , , ’ ” Cummins, gainst, Tempie Cummins, Congress Juneteenth, ” Abraham Lincoln, ” “ There’s, , Tobin Miller Shearer, ” Albert J, Raboteau, , Clint Smith, ” Smith, Smith, Susan Merritt, , ” Merritt, Frederick Dielman, Douglas A, Caleb McDaniel, Leslie Wilson, Wilson, ” Wilson, Bunny, Uncle Remus, Joel C, Harris, Albert Murray, ” White, ” Murray, Leon Harris, ” Malcolm X, Nat Turner, Martin Luther King Jr, ” Harris, Kin Cheung, God, ” Raboteau, Juneteenth, White, John Blake Organizations: CNN, New, Library, Congress, African American Studies, University of Montana, New York Times, Former Confederate, Rusk, District of Columbia, Colored People, Montclair State University, Getty, Museum, Biola University Locations: Jasper , Texas, eavesdrop, Texas, Antebellum, Whites, Rusk Country , Texas, Sabine, District, Washington, America, New Jersey, Southern, West Africa, United States, Washington , DC, California, Lambeth, London, Israel
The skin care and beauty industry is booming and bringing in over $90 billion worldwide. On average, Americans spend $722 on their appearance, including skin care, each year, according to a November 2022 survey of over 1,000 people from Advanced Dermatology. Ashleigh MitchellAshleigh Mitchell was walking out of a Sephora store in Times Square NYC when we stopped her to inquire about her daily skin care routine. Hyram YarbroHyram Yarbro is a well-known skin care influencer who's amassed 4.5 million subscribers on his YouTube channel. As an influencer and founder of her own skin care line, beauty products are one thing Louise doesn't mind spending a lot on.
Persons: Adeline Kikam Dr, Adeline Kikam, Dr, Ciara, Ashleigh Mitchell Ashleigh Mitchell, Ashleigh, Hyram, who's, it's, It's, Georgia Louise Georgia Louise, Louise doesn't, Louise, Toner, Charlotte Tilbury, Fallon Fonrose Fallon Fonrose, Fonrose, Natasha Caddy Organizations: Dermatology, CNBC, YouTube, Crown Locations: New York City, Square, Georgia, Korean
[1/3] The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., U.S., June 14, 2022. "Core inflation is not coming down like I thought it would," Federal Reserve Gov. The U.S. economy was "still ripping along for the most part," he said, with the underlying pace of price increases "moving sideways." The Fed this week ended its run of 10 consecutive rate hikes when policymakers decided to keep the benchmark overnight interest rate in a range of from 5% to 5.25%. Though Fed chair Jerome Powell at a press conference Wednesday said no decision had been made about the upcoming July Fed meeting, investors and other analysts broadly expect the Fed to resume rate increases.
Persons: Sarah Silbiger WASHINGTON, Christopher Waller, Waller, Thomas Barkin, Barkin, I’m, Jerome Powell, Austan Goolsbee, Goolsbee, Howard Schneider, Chizu Nomiyama, Alistair Bell Organizations: Eccles Federal Reserve, Washington , D.C, REUTERS, . Federal Reserve, Federal, Silicon Valley Bank, Richmond Federal, Fed, Chicago Fed, Thomson Locations: Washington ,, Norway, Silicon, U.S, Maryland
Then, a deep dive into MrBeast and what his YouTube empire says about the future of the internet. Reddit came along and said, oh, we need to protect Reddit from the rise of these large language models. So I don’t think they’re totally out of the woods. But I don’t think people would say it was a golden age for how safe the platforms fell to use. But I want to challenge you on this, because I don’t necessarily think that it’s a bad thing if we have past peak trust and safety.
Persons: kevin roose, you’ve, casey newton, casey newton Yes, I’ve, there’s, kevin roose I’m, Kevin Roose, ” casey newton, Casey Newton, Casey, Reddit, casey newton Right, roose, Steve Huffman, you’re, Kevin, It’s, They’re, casey newton Well, they’ve, we’re, Huffman, , Redditors, We’ve, Everyone’s, we’ve, I’m, let’s, Sam Walton, Max, kevin roose Hey, kevin roose Oh, kevin roose Max Read, MrBeast, it’s, Jimmy Donaldson, He’s, Willy Wonka, he’s, somethings, haven’t, kevin roose We’ll, We’ll, kevin roose She’s, she’s, kevin roose MrBeast, Jeremiah, jeremiah howard, Jeremiah Howard who’s, Jimmy, Burger, You’re, Stefan Molyneux, PewDiePie, Paul, Let’s, Raman, kevin roose It’s, MrBeast financials, doesn’t, Logan Paul, they’re, Vincent Miller, Jon Hamm’s, Matthew Weiner’s, kevin roose Max, Will, Max Read, ” kevin roose, casey newton Max, Robert F Kennedy, COVID, Kennedy, Instagram, Connor Roy, Marjorie Taylor Greene, Robert F Kennedy Jr, Elon, Donald Trump, We’re, Jim Jordan, kevin roose Totally, Alex Jones, casey newton Totally, Kate Kalanick, Trump, Tucker Carlson, aren’t, — casey newton, hasn’t, Rachel Cohn, Jen Poyante, Caitlin Love, Alyssa Moxley, Dan Powell, Elisheba Ittoop, Marion Lozano, Sofia Lanman, Rowan Niemisto, Paula Szuchman, Tam, Nell Gallogly, Kate LoPresi, Jeffrey Miranda Organizations: The New York Times, Twitter, YouTube, Lamborghini, Netflix, Walmart, News, Producers, Meta, Instagram, COVID, Democratic, Washington Post, Apple, Republicans, Facebook, 4chan, Republican Party, Trump, Fox News, Stanford, Davis Locations: Hawaii, Reddit, Greenville , North Carolina, hysterics, New Jersey, New York, Greenville, North Carolina, Central, United States, Bay, San Francisco, Stanford
MLB roundup: Down to last strike, Giants stun Cards
  + stars: | 2023-06-15 | by ( ) www.reuters.com   time to read: +12 min
Ronald Acuna Jr. supplied three hits, including a homer, and drove in three runs for the Braves. Spencer Strider (7-2) gave up five runs, including three homers, in five innings but still collected the win. Orlando Arcia had two hits and drove in two runs for Atlanta, which has won nine of its last 11. Detroit starter Michael Lorenzen (2-4) gave up all six Braves runs and nine hits in six innings. Astros 5, Nationals 4Jose Abreu recorded two extra-base hits and three RBIs and scored with two outs in the ninth inning as host Houston edged Washington.
Persons: Mike Yastrzemski, Jeff Curry, Thairo Estrada, Wilmer Flores, LaMonte Wade Jr, Francisco, Jakob Junis, Taylor Rogers, Ryan Walker, Tyler Rogers, Camilo Doval, Tommy Edman, Steven Matz, Brandon Nimmo, Isiah Kiner, Dominic Leone, Josh Donaldson, Mark Vientos, Albert Abreu, Nick Ramirez, Nimmo, Michael Harris II, Ronald Acuna Jr, Orlando Arcia, Spencer Strider, Miguel Cabrera, Eric Haase, Spencer Torkelson, Reese Olson, Ozzie Albies, Eddie Rosario, Collin McHugh, Joe Jimenez, A.J, Minter, Jake Rogers, Andy Ibanez, Matt Vierling, Michael Lorenzen, Mike Tauchman, Dansby Swanson, Osvaldo Bido, Roansy Contreras, Contreras, Drew Smyly, Carlos Correa, Bailey Ober, Brian Anderson, Luis Urias, Ober, Colin Rea, Jose Berrios, George Springer, Berrios, Adley Rutschman, Kyle Bradish, Toronto's Jordan Romano, Ryan O'Hearn, Austin Hays, Aaron Hicks, Adam Frazier, Jose Abreu, Hunter Harvey, Jake Meyers, C.J . Abrams, Kyle Tucker, Keibert Ruiz, Meyers, Abreu, Marcus Semien, Corey Seager, Jimmy Herget, Seager, Shohei Ohtani, Will Smith, Smith, Mike Trout, Anthony Rendon, Matt McLain, Stuart Fairchild, McLain, Jonathan India, Spencer Steer, Edward Olivares, Bobby Witt Jr, Jake Burger, Clint Frazier, Luis Robert Jr, Burger, Alex Vesia, plunked Andrew Benintendi, Frazier, Reynaldo Lopez, Mike Clevinger, Eury Perez, Jorge Soler, Jesus Sanchez, Perez, Eugenio Suarez, Sanchez, Soler, Seattle's Luis Castillo, Pete Alonso, Rob Refsnyder's, Jarren Duran, Connor Wong, Justin Turner, Alex Verdugo, Turner, Garrett Whitlock, Austin Gomber, Michael Wacha, Fernando Tatis Jr, Manny Machado, Juan Soto, Nelson Cruz, Tatis, Aaron Civale, Realmuto, Craig Kimbrel, Jose Alvarado, Arizona's Scott McGough, Kyle Schwarber, Trea Turner, Gerardo Perdomo, Jake McCarthy, Nick Castellanos, Manuel Margot, Yandy Diaz, JJ Bleday, Tyler Glasnow, Luis Medina Organizations: San Francisco Giants, St, Louis Cardinals, Busch, USA, Giants, Cardinals, Mets, Yankees, New York Mets, New York Yankees, The Mets, Braves, Tigers, Atlanta, Detroit, Cubs, Pirates, Pittsburgh, Chicago, Brewers, Milwaukee, The Twins, Twins, Blue Jays, Orioles, Toronto, Baltimore, Astros, Nationals, Houston, Washington, Rangers, Angels, Los Angeles, The Rangers, Reds, Royals, Cincinnati, Kansas City, White Sox, Dodgers, Marlins, Mariners, Miami, Seattle, Los Angeles Angels, Red Sox, Rockies, Boston, Colorado, The Red Sox, Austin, Padres, San Diego, Cleveland, Phillies, Diamondbacks, Philadelphia, Arizona, Rays, Tampa Bay, Oakland, Athletics, Thomson Locations: Louis , Missouri, USA, Minnesota, Minneapolis, Milwaukee, Washington, Texas, Los, Arlington , Texas, Los Angeles, Phoenix
“There is unprecedented interest in all areas of A.I.,” Julie Sweet, Accenture’s C.E.O., said. Accenture plans to double its A.I.-focused staff to 80,000, through a mix of hiring, acquisitions and training. It also plans to use generative A.I. moves, too: PwC said in April that it would invest $1 billion over the next three years, while EY announced in 2021 that it would invest $2.5 billion over three years. work dates back at least to the introduction of Watson, has announced a “Center of Excellence” for generative A.I.
Persons: ” Julie Sweet, Accenture’s, PwC, EY, Bain, Watson Organizations: Accenture, Company, OpenAI, Deloitte, Nvidia, IBM Locations: A.I
The planned lawsuit would be the latest blow to Microsoft’s acquisition of Activision, which makes popular video games like Call of Duty and Candy Crush. sued to block the deal through an in-house court, arguing it would damage competition in various parts of the video game market. The agency plans to file the separate lawsuit on Wednesday because unlike the F.T.C.’s in-house court, a federal court can issue a restraining order to block a purchase from being completed. In April, the British Competition and Markets Authority also moved to stop the deal, though regulators in the European Union said in May that it could go forward. Governments around the world have been challenging the power of tech giants like Microsoft.
Persons: Meta Organizations: Federal Trade Commission, Microsoft, Activision Blizzard, Activision, behemoth, British Competition, Markets Authority, European Union, Amazon, of Justice, Google
In this article AAPL Follow your favorite stocks CREATE FREE ACCOUNTKif Leswing/CNBCApple announced a 15-inch MacBook Air last week. But if you held out and need a new laptop, the 15-inch MacBook Air hits the sweet spot for most people in terms of price, capability, and portability. The extra screen size makes a difference versus the 13-inch MacBook Air. The 13-inch M2 MacBook Air (silver) versus the 15-inch M2 MacBook Air (dark blue.) The 15-inch MacBook Air fits easily into a backpack or briefcase, and I didn’t really notice the extra 3.3 pounds while I was commuting with it on public transportation.
Persons: it’s, Kif, I've Organizations: CNBC Apple, MacBook, Meta, Microsoft Office, Google, CNBC, isn’t, Apple, Intel Locations: Stardew, Kif
That belief has taken him from famed ad agency Wieden + Kennedy to talent agency CAA, where he set up its first marketing consultancy. The firm pitches itself as part management consultancy, part brand entertainment production company, and part consumer brand accelerator. "If a great sports movie happens to come from Nike, it's still great entertainment," Goodman said. "If a great sports movie happens to come from Nike, it's still great entertainment," Goodman said. One thing Goodman and Kaplan are not trying to do is compete with brands' ad agency budgets.
Persons: Jae Goodman, John Kaplan, It's, Gibson, Kennedy, Goodman, Chipotle, Stephanie Perdue, Jay, Kaplan, , Michael Kassan's, Anheuser, it's, Superconnector, it'll Organizations: Superconnector Studios, Sony, CAA, Observatory, Entertainment, Hollywood, HBO Max, Netflix, Procter & Gamble, Imagine Entertainment, Delirio Studios, MTV Documentary, Paramount, HBO, Apple, Management, Sony Pictures Television, McKinsey, Accenture —, Anheuser Busch, InBev, Gibson, Nike, Talent Locations: LA
But with many credit unions struggling to attract deposits their CD terms are especially sweet right now, experts say. The upshot: Half of the top 12 CD rates on DepositAccounts.com, a site that aggregates banking rates, are offered by credit unions. Why credit unions have such high CD rates nowCredit unions frequently offer financial products with more attractive interest rates and lower fees than conventional banks. The best credit union CD ratesWith nearly 5,000 credit unions in the country, there are plenty of favorable CD and share certificate rates out there. The FDIC doesn’t cover credit unions, but a different agency, the National Credit Union Administration, or NCUA, provides a parallel level of protection.
Persons: Martha C, they’ve, They’re, you’re, , Dawit Kebede, Curt Long, branchless Organizations: Credit, Nonprofit, Credit Union National Association, National Association of, , don’t, Workers Credit Union, of, Financial, Association, Workers, Bellco, Bellco Foundation, Dow Credit Union, Dow Credit, Bank, Federal Deposit Insurance Corp, FDIC, National Credit Union Administration Locations: Silicon Valley, DepositAccounts.com, Central Massachusetts, Colorado
June 8 (Reuters) - Cohere, an AI foundation model company that competes with Microsoft-backed OpenAI, said on Thursday it had raised $270 million in a funding round backed by Nvidia (NVDA.O), Oracle (ORCL.N) and Salesforce Ventures, among others. Generative AI aims to make human-like creations through computer code that has processed vast amounts of data. Cohere did not reveal its valuation after the latest funding round. AI startups are a bright spot in an otherwise subdued market for venture capital funding, particularly for technology companies, amid rising interest rates and increased investor focus on profitability. Last month, Anthropic, another AI startup which has received backing from Alphabet Inc's (GOOGL.O) Google, also raised $450 million in a new round.
Persons: Cohere, Aidan Gomez, Manya Saini, Shounak Dasgupta Organizations: Microsoft, Nvidia, Oracle, Salesforce Ventures, Inovia Capital, Schroders, Thomvest Ventures, ChatGPT, Google, Thomson Locations: Bengaluru
Dollar eases as chances for a U.S. rate rise ebb
  + stars: | 2023-06-07 | by ( Amanda Cooper | ) www.reuters.com   time to read: +4 min
LONDON, June 7 (Reuters) - The dollar dipped on Wednesday as chances faded for a rate hike next week by the Federal Reserve, while the Canadian dollar touched one-month highs as traders amped up bets for the country to raise rates and the Turkish lira hit record lows. "Over the last month or so, we've seen the market slowly pricing out the risks of a 2023 interest rate cut. Nonetheless, traders were attaching a higher chance that the BoC would raise Canadian interest rates again later on Wednesday. Against the dollar, sterling rose 0.3% to $1.2456, while the Japanese yen rose 0.2% to 139.40 and the euro rose 0.2% to $1.0718. Elsewhere, the Turkish lira slid as much as 7.6% to a record low of 23.16 per U.S. dollar.
Persons: Philip Lowe, Jane Foley, we've, Foley, Siong Sim, bitcoin, Coinbase, Binance, Zhao, Binance's, Rae Wee, Clarence Fernandez, William Maclean Organizations: Federal Reserve, Australian, Reserve Bank, U.S ., Rabobank, BoC, U.S, Canadian, Fed, Bank of Singapore, U.S . Securities, Exchange Commission, SEC, Thomson Locations: U.S, CHINA, China, Turkish, Singapore
said Coinbase made billions of dollars facilitating the sale of crypto assets as an unregistered exchange and deprived investors of significant protections. Coinbase and the S.E.C. Last year, Coinbase petitioned the S.E.C. Binance is accused of funneling billions of dollars of customer money to a company owned separately by Mr. Zhao. In addition to those charges Binance, like Coinbase, is accused of operating an unregulated exchange and issuing crypto currencies that the agency said should have been registered as securities.
Persons: Coinbase, Paul Grewal, Mr, Grewal, Binance, Zhao Locations: U.S
June 5 (Reuters) - Tighter lending standards from regional banks are making it harder for U.S. hotel developers to secure funding, slowing construction of new hotels at a time Americans' appetite for travel is ripe. Analysts say slower hotel development will also limit profits of blue-chip manufacturers like Caterpillar Inc. , whose commercial real estate customers account for around 75% of construction sales. Overexposed regional banks are now offloading commercial real estate loans at a discount. Troubled regional lender PacWest Bancorp (PACW.O) announced in May it would sell $2.6 billion worth of real estate construction loans. Banks started to reduce their hotel loan portfolios in the first quarter of 2023, an analysis by S&P Global Market Intelligence found.
Persons: Joseph Delli Santi, James Hansen, Andy Ingraham, Ingraham, Evens Charles, Banks, Mitchell Hochberg, Bianca Flowers, Caroline Stauffer, Deepa Babington Organizations: U.S, Silicon Valley Bank, Shopoff, Reuters, Build Central Inc, Hilton, Hilton Worldwide Holdings Inc, Marriott International, Caterpillar Inc, Signature Bank, First Republic Bank, National Association of Black, Developers, Frontier Development, Hospitality Group, Washington D.C, PacWest Bancorp, P Global Market Intelligence, Lightstone, Thomson Locations: Silicon, California, Florida , Texas, Washington, Arizona, New York, Chicago, Bengaluru
And yet, the Grand Canyon remains yoked to the present in one key respect. The Colorado River, whose wild energy incised the canyon over millions of years, is in crisis. Down beneath the tourist lodges and shops selling keychains and incense, past windswept arroyos and brown valleys speckled with agave, juniper and sagebrush, the rocks of the Grand Canyon seem untethered from time. The Grand Canyon is a planetary spectacle like none other — one that also happens to host a river that 40 million people rely on for water and power. At Mile 0 of the Grand Canyon, the river is running at around 7,000 cubic feet per second, rising toward 9,000 — not the lowest flows on record, but far from the highest.
Persons: windswept, Davis, John Weisheit, , , Mead Hoover, Powell, Daniel Ostrowski, Victor R, Baker, . Baker, Lake Powell, Dr, Ed Keable, wouldn’t, Jack Schmidt, Schmidt, , Alma Wilcox, “ There’s, we’ve, Nicholas Pinter Organizations: Rockies, York Times, University of California, Utah Glen, Lake, Mead, Recreation, Hualapai, CALIF, ARIZ . Utah Glen, Lake Mead, Area, Forest Utah, Engineers, University of Arizona, of Reclamation, National Park Service, Center, Colorado River Studies, Utah State University Locations: Colorado, The Colorado, North America, Utah, Powell, Lake Mead, Arizona, . UTAH COLO, N.M, ARIZ . Utah, Mead, NEV . UTAH COLO, Glen, ARIZ, Hopi, Nevada, Lake Powell, Arizona , California , Nevada, Mexico, Davis, Little Colorado, tamarisk, gesturing
Digital Content Next shared the principles with its board and relevant committees Monday. Digital Content Next's "Principles for Development and Governance of Generative AI": Developers and deployers of GAI must respect creators' rights to their content. The urgency behind building a system of rules and standards for generative AI is intense, said Jason Kint, CEO of Digital Content Next. How generative AI will unfold in the coming months and years is dominating media conversation, said Axios CEO Jim VandeHei. "Even with AI tools or generative AI models that work in text like ChatGPT, it doesn't change the fact we're already doing this work," said Looft.
Persons: Andrew Burton, Robert Frost, Vincent Van Gogh, Google's Bard, GAI, Jason Kint, I've, Kint, We've, Jim VandeHei, VandeHei, Barry Diller, Robert Thomson, Thomson, Diller, Chris Berend, Pope Francis, Chris Looft, Berend Organizations: New York Times, Getty, NBC, The Washington Post, Street, News Corp, Development, ., A.I, Digital, Facebook, Nasdaq, Market, Big Tech, International News Media, News Media, NBC News Group, Pentagon, Bloomberg, Axios Technology, Google, Disney, ABC, NBC News, CNBC Locations: New York City, New York, Washington ,
June 5 (Reuters) - Tighter lending standards from regional banks are making it harder for U.S. hotel developers to secure funding, slowing construction of new hotels at a time Americans' appetite for travel is ripe. Analysts say slower hotel development will also limit profits of blue-chip manufacturers like Caterpillar Inc. , whose commercial real estate customers account for around 75% of construction sales. Overexposed regional banks are now offloading commercial real estate loans at a discount. Troubled regional lender PacWest Bancorp (PACW.O) announced in May it would sell $2.6 billion worth of real estate construction loans. Banks started to reduce their hotel loan portfolios in the first quarter of 2023, an analysis by S&P Global Market Intelligence found.
Persons: Joseph Delli Santi, James Hansen, Andy Ingraham, Ingraham, Evens Charles, Banks, Mitchell Hochberg, Bianca Flowers, Caroline Stauffer, Deepa Babington Organizations: U.S, Silicon Valley Bank, Shopoff, Reuters, Build Central Inc, Hilton, Hilton Worldwide Holdings Inc, Marriott International, Caterpillar Inc, Signature Bank, First Republic Bank, National Association of Black, Developers, Frontier Development, Hospitality Group, Washington D.C, PacWest Bancorp, P Global Market Intelligence, Western Alliance, Lightstone, Thomson Locations: Silicon, California, Florida , Texas, Washington, Arizona, New York, Chicago, Bengaluru
Obviously, the line is not perfect, but I think that’s a very sensible line. And I don’t think that’s all about absorption capability. But I don’t think it’s fair to say that the Russians have done everything they can. fareed zakaria[LAUGHS] And by the way, I think that’s some key to understanding the alliance is a personal one. I think India, Israel, and Poland — usually, in the 70 percent-plus say they like — have a favorable view of America.
Persons: ezra klein, it’s, Fareed Zakaria, Zakaria, “ Fareed Zakaria, fareed zakaria, Ezra, Putin, They’ve, there’s, fareed zakaria It’s, they’re, It’s, Fidel Castro, Sean Penn, haven’t, you’re, won’t, Biden, They’re, Washington, Winston Churchill, Merkel, wouldn’t, , Nancy Gibbs, Khomeini, Macron, Ron DeSantis, YouGov, fareed zakaria I’m, that’s, DeSantis, Lindsey Grahams, Mitch McConnell, Xi Jinping, ezra klein Yes, Xi, Gorbachev, Zelensky, Trump, Obama, Bush, United States —, McCarthy’s, I’ve, they’d, doesn’t, didn’t, ezra klein They’re, fareed zakaria They’re, we’ve, Simpson, I’m, Janet Yellen, Colin Powell, unquote, That’s, Jonathan Haidt, We’ve, he’s, fareed zakaria That’s, they’ve, fareed zakaria Well, gee, TikTok, we’re, George Kennan, Mike Gallagher, klein, Nirupama Rao, Bob Kagan, can’t, — fareed zakaria, Lord Mountbatten, Gandhi, Franklin Roosevelt, Ho Chi Minh, fareed zakaria Right, narratively —, Modi, you’ve, China’s —, fareed zakaria Modi, India’s, Advani, Vajpayee, you’d, There’s, India, Joe Biden, fareed zakaria I’ve, Benedict Anderson’s “, Orville Schell, John Delury, Sunil Khilnani, ezra klein Fareed Zakaria Organizations: CNN, The Washington Post, Putin, Starbucks, Russia, Revolutionary Guard, NATO, Ukrainian, Communist, European Union, U.S, Republican Party’s, Republican Party, Republicans, ASEAN, Trump, Defense, United, U.S ., Democrats, Chinese Communist Party, State, Facebook, Google, Soviet Union, Huawei, Twitter, South China Seas, Foreign Affairs, Yale Law, International Criminal, South China, . Security, Trade Organization, Pax Americana, Americana, New York Fed, America, Republican, Fox, Beijing Locations: ezra klein Russia, Ukraine, Russia, America, Europe, China, India, Russian, United States, Relatedly, Japan, Turkey, Holland, South Korea, Singapore, Iran, Venezuela, Central America, Southeast Asia, Washington, Britain, , U.S, United Europe, Germany, Soviet Union, Vietnam, Beijing, Trump, Asia, Iraq, Hainan, Montana, Republic, Soviet, weirdly, South, Taiwan, Pakistan, New Delhi, South Africa, Kuwait, Russia’s, Eden, Saudi Arabia, Indonesia, Kashmir, it’s, Cuba, Pax, American, Mumbai, Shanghai, Israel, Poland, Indian, Nigeria
Sixteen months after his infection, Mr. Muñoz’s lungs have recovered somewhat, but not completely. Tap to enableA 3-D visualization comparing a healthy set of lungs with Ms. Rodríguez’s lungs 14 months after her infection. Tilt your device to rotate lungs Slide to rotate lungs Slide to rotate lungsHealthy lungs are filled with millions of tiny air sacs called alveoli. Lung tissue with chronic damage shows scarred, thickened areas and collapsed sections with reduced airflow. Ms. Rodríguez has come closer to recovering, most likely helped by her youth and previous good health.
Persons: Andy Muñoz, Covid, , Howard Huang, It’s, Dr, Huang, Tom Kennedy, Kennedy, , Marlene Rodríguez, Rodríguez, David Sayah, Sayah, “ She’s, ” Meridith Kohut, “ Covid, Mr, Muñoz, Meridith Kohut, ” Dr, Kennedy’s, Muñoz’s, Rodríguez’s, Melissa Raymundo, Ms, Raymundo, Gayle, Rodríguez didn’t, Vianney, José, it’s, “ We’re Organizations: New York Times, Houston Methodist Hospital, Covid, Medical Center, , The New York Times, USA Locations: La Porte , Texas, Houston, Atwater, Calif
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