DIRS.INFO The most relevant business & tech news

With only days to consider a range of contenders, Ms. Harris and her team were inundated with unsolicited advice — much of it public — about whom she should pick. Andy Beshear of Kentucky, who has also been vetted by the Harris team, appeared at a Harris campaign fund-raiser in Chicago. Mr. Biden was at home in Wilmington, Del., over the weekend while Ms. Harris interviewed prospective running mates in Washington. A White House spokesman did not immediately respond to a request for comment about whether he had spoken to Ms. Harris as she finished her deliberations. Once she chooses, Ms. Harris will spend much of the next week with her running mate.

Persons: Kamala Harris, Harris, Barack Obama, Harris’s, —, Josh Shapiro, Tim Walz, Donna Brazile, “, you’re, Brazile, Paul, Caroline Yang, Obama, Shapiro, Nancy Pelosi, Walz, Pelosi, I’m, Nancy, Gerry Connolly, Ms, there’s, Kamala, it’s, Andy Beshear, Biden, Rachel Wisniewski, . Walz, Mark Kelly, Jen O’Malley Dillon, Sheila Nix, Tony West, Cedric Richmond, Eric H, Holder Jr, Dana Remus, Theodore Schleifer, Nicholas Nehamas, Christina Morales Organizations: Democratic Party, Democratic, Pennsylvania, Democratic National Committee, The New York Times, CNN, Democrat, White Locations: Atlanta, Philadelphia, Gaza, Minnesota, St, Virginia, Minneapolis, Kentucky, Chicago, Washington, Arizona, Wilmington, Del, San Francisco

☆ OpenAI co-founder John Schulman says he will leave and join rival Anthropic
▼ + stars: | 2024-08-06 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

OpenAI co-founder John Schulman said in a Monday X post that he would leave the Microsoft -backed company and join Anthropic, an artificial intelligence startup with funding from Amazon . In June, OpenAI said Schulman, as head of alignment science, would join a safety and security committee that would provide advice to the board. Schulman has only worked at OpenAI since receiving a Ph.D. in computer science in 2016 from the University of California, Berkeley. The leaders of the superalignment team, Jan Leike and company co-founder Ilya Sutskever, both left this year. Also on Monday, Greg Brockman, another co-founder of OpenAI and its president, announced that he was taking a sabbatical for the rest of the year.

Persons: ChatGPT, OpenAI, John Schulman, Schulman, OpenAI's, Jan Leike, Ilya Sutskever, Leike, Sutskever, Sam Altman, Altman, Tasha McCauley, Helen Toner, Toner, WilmerHale, Greg Brockman Organizations: Darktrace Plc, Microsoft, Amazon, OpenAI, University of California, Anthropic, Superintelligence Inc, Google, Employees, AI Safety Locations: Brooklyn, New York, British, Berkeley, Francisco

☆ Star Power Elevates Pin Trading, the Unofficial Sport of the Olympics
▼ + stars: | 2024-08-06 | by ( Liz Alderman | ) www.nytimes.com time to read: +1 min

Since the Paris Olympics kicked off, a pair of tiny orange Dutch clogs, the unofficial pin of the Netherlands team, has become a coveted currency among the athletes. Nearly an inch long and dangling from a butterfly clutch, the pin exchanged hands between Yara ten Holte, a Dutch handball player, and Ilona Maher, the U.S. women’s rugby star, who gleefully flaunted her prize on TikTok. “One thing about the Olympic Village is, trading pins is serious business,” Ms. Maher said last week in a post that was viewed more than 2.7 million times. “We don’t mess around trading pins, OK?”Trading in pins — those tiny, shiny emblems made by sports delegations, federations, countries and the media outlets covering them — is a longstanding tradition at the Olympics. But the activity was subdued during the pandemic, as restrictions at the Summer Games in Tokyo and the Winter Games in Beijing prevented athletes, fans and pin collectors from getting anywhere near one another.

Persons: Ilona Maher, Ms, Maher Organizations: Paris Olympics, Summer, Winter Games Locations: Netherlands, Dutch, U.S, Tokyo, Beijing

☆ 37-year-old mom earns $73,000 in one of the most in-demand jobs in the world—and it doesn't require a degree: 'I love what I do'
▼ + stars: | 2024-08-06 | by ( Morgan Smith Mickey Todiwala | Morgan Smith | Mickey Todiwala | ) www.cnbc.com time to read: +6 min

Jackson, 37, is a technician at Vestas, a wind turbine manufacturer, in Bee County, Texas, and earns $73,000 per year. The Labor Department reports that wind turbine service technicians have one of the highest rates of injury and illness of all occupations. Here's how Jackson earns $73,000 a year as a wind turbine service technician in Texas. Mickey Todiwala | CNBC Make ItWhile you don't need a bachelor's degree to become a wind turbine service technician, some jobs might require you to complete a 2-year technical program or apprenticeship. "The wind turbines are smart, they're basically computers and constantly communicating to us what is going on with them."

Persons: Jessica Jackson, —, Jackson, It's, Jackson's, Mickey Todiwala, Vestas, She's Organizations: CNBC, The Labor Department, University of Arizona, Blattner Energy, Blattner Locations: Jackson, Bee County , Texas, U.S, Texas, Vestas

☆ Bangladesh’s ‘Gen Z revolution’ toppled PM Sheikh Hasina. Why did they hit the streets and what happens now?
▼ + stars: | 2024-08-06 | by ( Helen Regan | ) edition.cnn.com time to read: +11 min

Fires burn outside the Prime Minister's House after Sheikh Hasina resigned and fled the country, on August 5, 2024 in Dhaka, Bangladesh. Protesters shout slogans as they celebrate Prime Minister Sheikh Hasina's resignation in Dhaka. Other student protesters and those arrested on “false cases,” were also released, the president said. K M Asad/AFP/Getty ImagesWhile Hasina’s resignation was celebrated, some Bangladeshis expressed trepidation over the path ahead as the country attempts to fill a leadership vacuum. “Hasina may be gone, but there is still a long road ahead for Bangladesh,” student Faiza Chowdhury, 25, told CNN.

Persons: Sheikh Hasina, Zaman, Muhammad Yunus, Hasina, Minister's, Parvez Ahmad Rony, Sheikh Mujibur Rahman, Hasina’s, Sheikh Hasina's, Mujibur Rahman –, ”, Raiyan Aftab, …, Shaheed, Shaheed Minar, Aftab, Abu Sufian, Mohammed Shahabuddin, Khaleda Zia –, –, Wolfgang Rattay, Z, Sabrina Karim, Karim, “, Mohammad Ponir Hossain, Muhammad Nahid Islam, hadn’t, Yunus, K M Asad, Faiza Chowdhury Organizations: CNN, Bangladesh, Dhaka, Yunus, Dhaka University, Awami League, “, BRAC University, Dhaka Medical College, Dhaka University Campus, Getty, Reuters, curfews, Cornell University Locations: Dhaka, Bangladesh, India, Pakistan, Rajib Dhar, Munich, Germany, UN, Paris, ”, AFP, Bangladeshi, New York

☆ Police release images of suspects in killing of 'General Hospital' actor Johnny Wactor
▼ + stars: | 2024-08-05 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Mirna-Alsharif-Byline-Jm.Jpg | Mirna Alsharif | ) www.nbcnews.com time to read: +2 min

Police have released video stills that show three alleged suspects in the killing of "General Hospital" actor Johnny Wactor. Wactor, 37, was fatally shot in May after he interrupted a catalytic converter theft on his car in downtown Los Angeles. The suspects cannot be clearly seen, but police said the suspect who shot Wactor "has a tattoo above the left eye and on the right cheek." The Los Angeles Police Department is asking for the public's help with identifying the three suspects. Wactor, who hailed from Charleston, South Carolina, always wanted to be an actor, his mother previously told NBC News.

Persons: Johnny Wactor, Brando Corbin, Wactor, Anita Joy, Joy, ” Organizations: Infiniti, Los Angeles Police Department, NBC News, Lifetime’s, “ Locations: Los Angeles, Charleston , South Carolina

The trip highlights the generational gap between Harris and President Joe Biden and former President Donald Trump, Democratic allies said. Noah Lyles wins gold in epic photo finishDimitar Dilkoff / AFP - Getty ImagesLyles earned his first gold medal in 9.79 seconds, which was a personal best. Lyles was still unconvinced he had won the gold medal after finishing and the scoreboard offered no indication of who had won gold, silver or bronze as officials processed a photo finish. Track and field holds four medal events and surfing will finally have its medal day. ▶️ Watch top highlightsDebby makes landfall in Florida as a Category 1 hurricaneHurricane Debby has made landfall in Florida’s Big Bend as a Category 1 hurricane.

Persons: Kamala Harris, Hurricane, Noah Lyles, Harris, John Bazemore, Harris ’, Andy Beshear, Pete Buttigieg, Sen, Mark Kelly of, JB Pritzker, Josh Shapiro, Tim Walz, Joe Biden, Donald Trump, Biden, Trump, “, Nikki Haley, Dimitar Dilkoff, Lyles, Jamaica’s Kishane Thompson, Fred Kerley, Thompson, ” Lyles, Kerley, Peacock, Read, ste, Caro, Ron, Flor, rais e d fear, ron e, Rob e, Ari z, ena, go to a, ake is b, ✦, lea, ree Organizations: Kentucky, Mark Kelly of Arizona ,, Mark Kelly of Arizona , Illinois Gov, Minnesota Gov, Democratic, Trump, Republicans, Getty, Olympic, ust, NBC, POLI Locations: Florida, Mark Kelly of Arizona, Mark Kelly of Arizona , Illinois, Pennsylvania, Philadelphia, AFP, bou, spee, sto

☆ Advice: When the Stock Market Drops, Stay Calm and Do Nothing
▼ + stars: | 2024-08-05 | by ( Ron Lieber | More About Ron Lieber | ) www.nytimes.com time to read: 1 min

The markets are in turmoil, but you know what you’re supposed to do now, right? Let’s all take a deep breath, tie our hands behind our backs and say it together: We will not sell stocks in a panic. Many of the people who are trading today are professional investors of various sorts. Here’s a dirty little secret about, say, hedge funds: All of their trading in reaction to world events doesn’t lead most of them to do better than sticking their money in an index fund that tracks the stock market. Remember, much of the money you have in the stock market is probably for retirement anyhow.

Persons: It’s Organizations: Mutual

☆ Dolce & Gabbana launch new perfume – for dogs
▼ + stars: | 2024-08-05 | by ( Lianne Kolirin | ) edition.cnn.com time to read: +2 min

CNN —Not content with dressing the top dogs of the music scene, from Beyoncé and Usher to Christina Aguilera, Dolce & Gabbana now has its sights on making actual dogs that bit more stylish. Inspiration for the product that the world didn’t know it needed came from the “unconditional love” that Domenico Dolce – one half of the famous designer duo – has for his “loyal dog Fefé,” according to the company’s website. A series of well-groomed dogs appear on camera in a promotional film on the D&G website. As classical music plays in the background, a narrator says: “I am delicate, charismatic, authentic, sensitive, enigmatic, rebel, fresh, irresistible, clean. British designer Anya Hindmarch features a dog poop-bag-holder charm on her website for £135 ($172).

Persons: Usher, Christina Aguilera, Dolce, Gabbana, Domenico Dolce –, –, Fefé, Ylang, perfumer Emilie Coppermann, Fefé ”, “, I’m, ”, Anya Hindmarch Organizations: CNN, Gabbana Locations: Beyoncé, British

☆ Nvidia said a new product every year was the key to winning the Gen AI race. Now it's faltering at the first hurdle.
▼ + stars: | 2024-08-05 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +5 min

The rollout of Nvidia's next-generation of AI chips, Blackwell, is going to be delayed according to media and industry analyst reports. Smaller cloud firms that have built their businesses on Nvidia chips could be affected by the delay too. Each new generation of AI chips promises step changes in computing capacity, speed and efficiency, allowing for faster computations and larger models. Taiwan Semiconductor Manufacturing Company, Nvidia's manufacturing partner, is using a relatively new process to manufacture the Blackwell chips. Some Blackwell chips have begun shipping to customers and production will still increase in the second half of the year.

Persons: —, Blackwell, Semianalysis, Hopper, Jensen Huang, Huang, there's, Nvidia's Blackwell, Bernstein Organizations: Service, Blackwell, Business, Nvidia, Meta, Microsoft, Google, AMD, Taiwan Semiconductor Manufacturing Company, Reuters, Bank of America Locations: Semianalysis

☆ Road tripping through Russia: American woman shares challenges of solo trip from Georgia to Mongolia
▼ + stars: | 2024-08-05 | by ( Essay Breanna Wilson | ) edition.cnn.com time to read: +13 min

And I’d be doing it solo, an American female, in a vintage Land Cruiser that was anything but inconspicuous. Planning a 7,000-kilometer road tripRussian visa in hand, it was time to start route planning, make my final vehicle preparations, and pack. With a car my size, bearing Georgian plates, driven by an American who doesn’t speak any Russian, I was increasingly nervous. An American girl, traveling alone, saying she’s moving to Mongolia, driving a car with Georgian plates. I had a summer of overlanding and adventuring across Mongolia, and a new life in Ulaanbaatar, to get underway.

Persons: Breanna Wilson, Andrey Orekhov, Evan Gershkovich, Russia – Organizations: Mongolia CNN, Cruiser, US State Department, Google, Astana, Russia, Toyota Top Motors Locations: Ulaanbaatar, Mongolia, Tbilisi , Georgia, Azerbaijan, Kazakhstan, Russia, Ukraine, American, Russian, Tbilisi, Tbllisi, Georgia, Georgian, Kazbegi, Chechnya, Dagestan, Mariupol, Donetsk, Baku, Alat, Europe, Japan, Kuryk, Altai, Bayan, Ölgii, Astana, Semey, Soviet Union, Russia's, Siberia, –, Tsagaannuur, Mongolia’s, @breannajwilson

☆ Flavor Flav Wants You to Watch More Water Polo
▼ + stars: | 2024-08-05 | by ( Emmanuel Morgan | ) www.nytimes.com time to read: +1 min

As the robed members of the U.S. women’s water polo team stood single file at the pool’s edge before their match against Italy at the Paris Olympics, the rapper Flavor Flav stood directly across from them, clapping while the announcer at the Aquatics Centre in St.-Denis, France, listed the American players’ names one by one. Wearing a personalized water polo cap and jersey and a dessert-plate-size clock on a chain around his neck — all of them red, white and blue — America’s newest (and perhaps most unlikely) water polo fan leaned nervously against a glass barrier and shouted encouragement. Whenever the United States scored, he raised his wrists — both were adorned with big-faced watches — and shouted gleefully. He does not care if the players cannot hear him, he said; he prefers that they focus on their assignments anyway. “They know deep down in their hearts and they know way in the back of their mind that Flav is right there for us,” he said in an interview at a hospitality venue in Paris after the game.

Persons: Flav, Denis, —, ” Organizations: Italy, Paris Olympics, Aquatics, United States Locations: St, France, United, Paris

☆ Stretches for becoming more flexible
▼ + stars: | 2024-08-05 | by ( Kristen Rogers | ) edition.cnn.com time to read: +7 min

Becoming more flexible as an older adult is still doable, but collagen loss means it’s also harder to achieve. Stretch yourself looseThe stretches experts recommend for flexibility can depend on personal needs, but they do have some suggestions for full-body flexibility. Stretches for hip flexors, including the cat-cow yoga pose and compound stretches that target multiple muscle groups, are especially helpful for people with desk jobs, experts said. Stretches should be held for 15 to 30 seconds, and you can sprinkle in stretches throughout your day by taking a break from work every 45 minutes, or try 20-minute sessions, experts said. Other pros of pliabilityAs you’re working your way to a more flexible body, you may find stretching produces even more payoffs than just the flexibility itself.

Persons: Ashley Cruz, ” Cruz, “ It’s, Cruz, ”, Rachelle Reed, Dana Santas, you’re, Reed, It’s Organizations: CNN’s, CNN, Paris, Cruz Chiropractic Wellness Locations: New York City, Athens , Georgia

☆ Crowds Swarm Prime Minister’s Residence after Bangladesh Leader Flees
▼ + stars: | 2024-08-05 | by ( Eve Sampson | More About Eve Sampson | ) www.nytimes.com time to read: 1 min

Exuberant looters made off with furniture, bedding and potted plants as they swarmed the Bangladesh residence of the prime minister, Sheikh Hasina, after she resigned her office and fled the country, according to local broadcast footage. People scaled the residence’s black gates, the videos showed, throwing items against walls inside, bashing portraits and helping themselves to a spread of food in catering dishes. The footage showed many people with hands and fists raised in celebration and some jumping for joy on the street. Many in the crowd appeared to be filming the event on their own cellphones. Social media posts and live television footage also showed people taking animals from the residence, including chickens, ducks and rabbits, and some people posing with the animals.

Persons: Sheikh Hasina Locations: Bangladesh

☆ Pentagon Hands Over Last Base in Niger as Extremism Spreads in the Sahel
▼ + stars: | 2024-08-05 | by ( Eric Schmitt | ) www.nytimes.com time to read: +1 min

The U.S. military turned over control of its last base in Niger to local forces on Monday, ending a yearslong counterterrorism mission in the West African country even as violent extremism remains on the rise in the region. A group of U.S. troops boarded an Air Force cargo plane and flew out of a $110 million air base in central Niger that was built with Pentagon money, among the last of 1,000 personnel that Washington had agreed to pull out by Sept. 15. A small number of troops will remain at the United States Embassy for a short time to wrap up administrative details, officials said. “The withdrawal of U.S. forces and assets from Air Base 201 in Agadez is complete,” the Pentagon’s Africa Command said in a statement, referring to the installation in central Niger. “The effective cooperation and communication between the U.S. and Nigerien armed forces ensured that this turnover was finished ahead of schedule and without complications.”

Persons: “ Organizations: U.S, Air Force, Pentagon, Washington, United States Embassy, Air Base, Pentagon’s Africa Command, Nigerien Locations: Niger, West, U.S, Agadez

☆ 'House of the Dragon' just introduced a new character who'll play a key role later. Here's what to know about Lohar.
▼ + stars: | 2024-08-05 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +6 min

"House of the Dragon" threw one new fascinating character in its season two finale that will have great importance down the line — Triarchy Admiral Lohar. But to do so, he has to win the respect of Admiral Lohar, the commander of the Triarchy fleet. Toward the end of the episode, Lohar and Tyland sail together with the Triarchy fleet, presumably bound for the Velaryon blockade. Eventually, a captain from Tyrosh captures him — but it's Fleet Admiral Sharako Lohar who claims him as a prisoner. In addition to attacking the Velaryon fleet, the Triarchy forces also made land on Driftmark, attacking a town called Spicetown.

Persons: —, Lohar, Rhaenyra, Tyland, Tyland's, Admiral Lohar, mispronounces, he's, Abigail Thorn, Thorn, Ship's virility, Rhaenyra's, Viserys, Sharako Lohar, Prince Jacaerys Velaryon, Hugh, Ulf, Addam, Nettles, Lohar —, Prince Viserys, Bambarro, Bazanne, Martin, Myr, Lysandro Rogare, Rogare's, Larra Organizations: Service, Business, Lohar, Tyland, Aegon, Younger, King Aegon, Max Locations: Lannisport, Essos, Lohar, Pentos, Lys, Spicetown, Hull, Myr, Westeros

☆ Chicago Fed President Goolsbee says if economy deteriorates, Fed will 'fix it'
▼ + stars: | 2024-08-05 | by ( Jeff Cox | ) www.cnbc.com time to read: +3 min

Chicago Federal Reserve President Austan Goolsbee on Monday vowed that the central bank would react to signs of weakness in the economy and indicated that interest rates could be too restrictive now. Policymakers have been focused on the "real" fed funds rate, which is the Fed's benchmark minus the inflation rate. As inflation declines, the real rate increases — unless the Fed chooses to cut. The real rate now is around 2.73%; Fed officials judge the long-term real rate to be closer to 0.5%. Traders expect the Fed to slice 1.25-1.5 percentage points off the funds rate by the end of the year, according to the CME Group's FedWatch Tool.

Persons: Austan Goolsbee, Goolsbee, nonfarm, I'm, we're Organizations: Chicago Federal, Dow Jones, Fed, Labor Department, Traders

☆ Meta's AI keeps pretending to be me and giving my phone number out to strangers
▼ + stars: | 2024-08-05 | by ( Rob Price | ) www.businessinsider.com time to read: +10 min

You only need to save my phone number," the AI responded in Spanish — before sharing my phone number. Someone in this WhatsApp group had asked Meta AI for its phone number — and again it shared my number. It had replied that it did, and Maxi simply had to message a phone number — my phone number — to access the content. Since I asked Meta's communications team for help, I haven't received any more messages from people looking for Meta AI. Another time, Meta AI said it didn't have a phone number (it actually does, +1 313-555-0002, although it doesn't advertise it publicly).

Persons: Franco, escuadron lobo, Tell Gretel, he'd, Franco chimed, Meta, chatbot, Taylor, Taylor Swift, Maxi, I'm, I've, Pablo Morano, Meta's Emil Vazquez, Mark Zuckerberg, that's, Axel Springer, Cooper Neill, Getty, LLMs, Meta's, haven't, you've Organizations: Meta, alfa buena, Alpha, Business, Tech, LinkedIn, Facebook, Team Alpha, Squadron, Maxi, BSR Agency, Business Insider, CBC News Locations: Peruvian, Spanish, LLMs, scammers, WhatsApp, Memphis , Tennessee

☆ We’re about to get the most detailed explanation yet for Boeing’s terrifying mid-air blowout
▼ + stars: | 2024-08-05 | by ( Chris Isidore | ) edition.cnn.com time to read: +8 min

It was a combination of the skill of the flight crew and good luck that no one was killed. But there were problems with five rivets near where the door plug was installed, and Boeing workers removed the door plug in order to fix those rivets. It would have had much more difficulty making it safely to the ground if the door plug had failed hours, rather than minutes, from the nearest runway. But the probe is only one of the problems Boeing faces because of the incident. He has faced harsh criticism for many of Boeing’s problems, with more than a dozen whistleblowers at the company complaining to congressional investigators that they faced pressure and retaliation for flagging safety problems in the company’s assembly process.

Persons: Max, Dave Calhoun, Kelly Ortberg, Rockwell Collins, Calhoun, haven’t, Josh Hawley, ” Organizations: New, New York CNN, Alaska Airlines, Boeing, Max, National Transportation Safety Board, NTSB, FBI, Federal Aviation Administration, Justice Department, FAA, DOJ, Rockwell, Capitol Locations: New York, Alaska, Renton , Washington, Hawaii

☆ Gymnastics Live Updates: Simone Biles Isn’t Done Yet. Next Up: Beam.
▼ + stars: | 2024-08-05 | by ( Maggie Astor | Juliet Macur | ) www.nytimes.com time to read: +2 min

She has won three medals at the Paris Games and is aiming for a fourth, on balance beam. Lee, now 21, entered the Tokyo Olympics as a strong contender for a gold medal on uneven bars, and perhaps silver in the all-around, behind Simone Biles. But when Biles’s late withdrawal created a spot, Lee capitalized with a strong, steady performance to win the all-around gold, the most coveted title in gymnastics. She was frustrated that, after securing bronze on bars, she did not win the title she had aimed to win. By the time the Olympic trials ended in June, Lee was the second-best all-around gymnast competing, behind only Biles.

Persons: usa Sunisa Lee, Sunisa Lee, Lee, Simone Biles, vies Organizations: usa, Paris Games, Tokyo, Auburn University, Sports

☆ After 8 years of van life, they were ready to settle down. They bought an abandoned watermill in Portugal to turn into a family home.
▼ + stars: | 2024-08-05 | by ( Amanda Goh | ) www.businessinsider.com time to read: +11 min

Mr and Mrs AdventureAfter returning to the US in 2018, they continued with van life until mid-2020, when they started thinking about settling down. AdvertisementThe first property they viewed was an abandoned watermill in the Algarve, Portugal's southernmost region, and they were immediately smitten. While they're relying on solar energy in their camper, they plan to connect the watermill property to the grid in the future. This watermill project, we have to have other people involved," Drew said. Mr and Mrs AdventureNow, Drew added, even the bathroom in the watermill is about the size of their van.

Persons: —, Brittany, Drew Neumann, Adventure, van, Drew, they're, they've, We're, Ian —, I've Organizations: Service, Business, YouTube Locations: North America, Europe, Africa, Hawaii, Northern California, Arizona, Portugal, Brittany, Algarve, Portugal's, Fort Myers , Florida

☆ The Fed is trying to 'fight a ghost' as recession fears mount, investor says
▼ + stars: | 2024-08-05 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +3 min

LONDON — As a global market sell off continues amid fears of a looming U.S. recession, the Federal Reserve may have little room for manoeuvre, investor Cole Smead warned Monday. "The Fed is trying to fight a ghost in some respects. But it's a fiscal problem, and that fiscal problem's not ending," he said. The CBOE Volatility Index, also know as the "VIX" — a measure of expected market volatility — jumped to 41.65, according to LSEG data, hitting its highest level since October 2020, as risk fears returned to the market. "Whoever comes in, be it Kamala Harris or Donald Trump, there's going to be an interest in trying to prop up anything," he said.

Persons: Jerome Powell, William McChesney Martin, Cole Smead, Smead, CNBC's, Jay Powell, Kamala Harris, Donald Trump Organizations: Federal Reserves, Washington , D.C, LONDON, Federal, Smead Capital Management, CNBC, Reuters Locations: Washington ,, U.S, Europe, Asia

☆ Victor Moses: Police recruit who lost both legs in ‘barbaric hazing ritual’ sues Denver, paramedics and officers
▼ + stars: | 2024-08-04 | by ( Associated Press | ) edition.cnn.com time to read: +5 min

He also said he had very low blood pressure and complained that his legs were cramping, according to the lawsuit. Nevertheless, paramedics cleared Moses to return to training, which the suit alleges was a decision made to support the police. “Safety and well-being is a top priority for Denver Health and its paramedics,” the hospital said in a statement. The recruit soon said he could not breathe, became unresponsive and was taken to the hospital, according to the lawsuit. “If this had been a football game or boxing match, the head injury and losses of consciousness would have ended any continued participation or fighting immediately,” Moses’ lawyers argue.

Persons: Victor Moses, ”, Moses, Ian Adams, ” Moses, David Zalubowski, Moses ’, John Holland, Darold Killmer, ” Holland, ” Moses ’, “ Organizations: Denver AP, University of South, Denver Police Department, Denver Health, “, Denver, Associated Press Locations: United States, University of South Carolina, Denver

For Love & Money is a weekly Business Insider column answering relationship and money questions. Write to For Love & Money using this Google form. With the right travel rewards credit card, you can earn points that can go towards your next big trip. If you pay off bills with a portion of your inheritance, use your travel card to do it and earn those sign-on bonuses. Then, once you've reached your destination, use your card for all your purchases and allow your travel now to pay for your travel later.

Persons: —, Smart, Justin Rush, Rush, Mona Lisa, you've, it's, That's, doesn't Organizations: Service, TED, Facebook Locations: Tanzania, Fiji

☆ Scottie Scheffler wins Olympic gold medal with final-round 62, Tommy Fleetwood takes silver
▼ + stars: | 2024-08-04 | by ( Brendan Quinn | ) www.nytimes.com time to read: +5 min

The Olympic men’s golf competition was in the hands of Jon Rahm. In the battle for bronze, Japan’s Hideki Matsuayama shot a final-round 65 to finish at 17-under-par, two shots behind Scheffler and one behind Fleetwood. Scheffler has won seven of his last 11 outings, all coming in majors or signature events with limited fields. The biggest winner this week was perhaps golf as an Olympic sport. Massive crowds all three days, genuine Olympic energy, and a star-stacked leaderboard proved the sport has a place in the Games.

Persons: Scottie Scheffler, he’s, Jon Rahm, Scheffler, Tommy Fleetwood, Japan’s Hideki Matsuayama, Fleetwood, Frenchman Victor Perez, putts, Rahm, Xander Schauffele, Charles Sands, — Seve Ballesteros, José, Olazábal —, ” Rahm, there’s, “, ”, Rory McIlroy, Kevin C, Cox Organizations: United State, Le, Schauffele, Spain, bogeys, Rio Games, Los Angeles Games, Riviera Country, Ryder Locations: QUENTIN, YVELINES, France, Scotland, Tokyo, Paris, Spain

Search resuls for: "Hands"

25 mentions found