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☆ Steve Hanke reiterates his view that bitcoin is a 'highly speculative asset with zero value'
▼ + stars: | 2024-03-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSteve Hanke reiterates his view that bitcoin is a 'highly speculative asset with zero value'Steve Hanke, professor of applied economics at Johns Hopkins University, says bitcoin is "clearly not a currency. Anything that's this volatile could never … qualify as a currency."

Persons: Steve Hanke Organizations: Johns Hopkins University

☆ Albert Einstein College of Medicine to offer free tuition after billion-dollar gift
▼ + stars: | 2024-02-26 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +4 min

New York CNN —Students at the Albert Einstein College of Medicine in New York will receive free tuition after a $1 billion dollar donation from a former faculty member. In 2010, their gift of $25 million to the Albert Einstein College of Medicine went towards creating the school’s Institute for Stem Cell Research and Regenerative Medicine. Professor Emerita of Pediatrics at Albert Einstein College of Medicine and The Lizette H. Sarnoff Award recipient Ruth L. Gottesman, Ed.D. Brent N. Clarke/Getty ImagesDr. Ruth Gottesman joined the medical school in 1968 and developed screening, evaluation and treatments for children with learning disabilities. In 2018, in part due to Langone’s donations, NYU’s School of Medicine became the first medical school in the country to offer free tuition to accepted students.

Persons: Ruth Gottesman, David “ Sandy ” Gottesman, Berkshire Hathaway, Warren Buffett, Philip Ozuah, Sandy Gottesman, “, Sandy, ”, H, Sarnoff, Ruth L, Brent N, Clarke, Emily Fisher Landau, Ruth Gottesman’s, Michael Bloomberg, Ken Langone, Yaron Tomer, Albert Einstein Organizations: New, New York CNN, Albert Einstein College of Medicine, Montefiore Medicine, Manhattan Co, school’s, Stem Cell Research, Regenerative, Sinai, Pediatrics, Rehabilitation Center, Emily Fisher Landau Center, Johns Hopkins University, Home Depot, NYU’s School of Medicine, Association of American Medical Colleges, ” Locations: New York, Berkshire, Manhattan, New York City, Bronx

☆ February full moon peaks this weekend
▼ + stars: | 2024-02-23 | by ( Taylor Nicioli | Ashley Strickland | ) edition.cnn.com time to read: +7 min

CNN —February’s full moon, known as the snow moon, is set to peak on Saturday, shining bright around the world in the night sky. It’ll just be a little bit smaller than your average full moon that you look up at.”The full moon phase occurs when the moon, Earth and the sun are in alignment, in that order. A total solar eclipse occurs when the moon passes between Earth and the sun, completely blocking the sun’s face. A total solar eclipse won’t be visible across the contiguous United States again until August 2044. A lunar eclipse, which causes the moon to look dark or dimmed, occurs when the sun, Earth and moon align so that the moon passes into Earth’s shadow.

Persons: CNN —, “ It’s, ”, Rachel Klima, “, ” Klima, Klima, “ We’re, Buck, Lyrids, Capricornids Organizations: CNN, Farmers, Johns Hopkins University Applied Physics, American Meteor Society, Taurids Locations: United States, Laurel , Maryland, Mexico, Canada, South America, Europe, North, East Asia, Australia, Africa, North America, Earth’s, Asia

☆ Some Gen Z workers are turning to AI for career advice and it's actually not a bad idea
▼ + stars: | 2024-02-23 | by ( Tim Paradis | ) www.businessinsider.com time to read: +5 min

In a survey, about half of Gen Zers said AI and social media gave better career advice than a boss. Bosses shouldn't rely on tech to give career advice to their teams, a business professor told BI. Almost half of GenZers said in a recent survey that chatbots and social media offered better career advice than their managers. In the survey, 62% of Gen Z workers said they'd like to talk more about their career path but that their boss was often too busy. "People could kind of say, 'Well, I get better skill-building from a YouTube tutorial than from my manager,'" Myers said.

Persons: Gen Zers, —, it's, Gen, GenZers, inspo, Christopher G, Myers, they'd, Daniel Jolles Organizations: Service, an Academy of Management, Johns Hopkins University, London School of Economics, Political

☆ Middle East Crisis Israeli Official Expresses Some Optimism Over Cease-Fire Deal
▼ + stars: | 2024-02-22 | by ( Adam Sella | ) www.nytimes.com time to read: +5 min

Image Displaced Palestinians in Rafah, in southern Gaza, as smoke rises over the nearby city of Khan Younis last month. That figure could climb to 66,720 if there were outbreaks of infectious disease such as cholera, their analysis found. Their study considers deaths from traumatic injuries, infectious diseases, maternal and neonatal causes, and noncommunicable diseases for which people can no longer receive medication or treatment, such as dialysis. Dr. Checchi said the analysis made it possible to quantify the potential impact of a cease-fire in lives. The projected 6,500 deaths even with a cease-fire is predicated on the assumption there will not be epidemics of infectious disease.

Persons: Khan Younis, Bassam Masoud, ”, Francesco Checchi, “, ” Dr, Checchi, Paul Spiegel, Spiegel, ” Patrick Ball, haven’t, Ball, Dr Organizations: Johns Hopkins University, London School of Hygiene, Hopkins Center, Humanitarian Health, Human Locations: Rafah, Gaza

☆ War and Illness Could Kill 85,000 Gazans in 6 Months
▼ + stars: | 2024-02-21 | by ( Stephanie Nolen | ) www.nytimes.com time to read: +1 min

An escalation of the war in Gaza could lead to the deaths of 85,000 Palestinians from injuries and disease over the next six months, in the worst of three scenarios that prominent epidemiologists have modeled in an effort to understand the potential future death toll of the conflict. These fatalities would be in addition to the more than 29,000 deaths in Gaza that local authorities have attributed to the conflict since it began in October. The estimate represents “excess deaths,” above what would have been expected had there been no war. In a second scenario, assuming no change in the current level of fighting or humanitarian access, there could be an additional 58,260 deaths in the enclave over the next six months, according to the researchers, from Johns Hopkins University and the London School of Hygiene and Tropical Medicine. That figure could climb to 66,720 if there were outbreaks of infectious disease such as cholera, their analysis found.

Organizations: Johns Hopkins University, London School of Hygiene Locations: Gaza

And yet, an antiviral treatment proven to lessen the chances of severe outcomes is going underused. The drug, Paxlovid, is lauded by experts as a powerful tool that can prevent hospitalization and death from COVID-19. One Centers for Disease Control and Prevention study found that Paxlovid can decrease hospitalization risks among adults by 51%. The study by Harvard researchers found that Paxlovid was disproportionately given to Medicare patients with lower risk of severe infection. “There are very few medications and very few patients whose potential medication interaction with Paxlovid is so severe that they’re better off not taking Paxlovid,” he said.

Persons: they’ve, ”, Amesh, Paxlovid, Kurt Proctor, Celise Ballow, Ballow, “ I’m, I’m, … I’m, ” Ballow, ’ ”, Sarah George, Michael Barnett, Robert Wood Johnson Organizations: Johns Hopkins University, Disease Control, Pfizer, National Community Pharmacists Association, St, Louis University, Harvard, Associated Press Health, Science Department, Robert Wood Johnson Foundation, AP Locations: COVID, U.S, Junction , Utah, Paxlovid, Harvard

Because anti-smoking groups aren’t just fighting the tobacco companies these days. They have fractured over tobacco harm reduction — the idea that people who cannot or will not quit smoking should be provided with alternatives, notably e-cigarettes, which deliver nicotine without burning tobacco. They argue that e-cigarettes will lead to a new generation addicted to nicotine, even if they are not smoking. It focuses largely, but not entirely, on reduced-risk nicotine products, a category that includes e-cigarettes, oral tobacco, and “heat not burn” products that warm up tobacco without burning it. There are no safe tobacco products; all fall along what’s called a continuum of risk.

Persons: Cliff Douglas, Philip Morris, Douglas, “, ” Douglas, Bloomberg Philanthropies, American Heart Association —, Michael Bloomberg, that’s, General’s, ”, Charles Gardner, Joanna Cohen, Ellen MacKenzie, Yolonda Richardson, Deborah Arnott, “ I’m, Michael Cummings, they’ve, Marc Gunther Organizations: Foundation, Philip, Philip Morris International, American Cancer Society, American Lung Association, Centers for Disease Control, Bloomberg, Tobacco, American Heart Association, Truth Initiative, Rockefeller, UBS Optimus, Bloomberg School of Public Health, Johns Hopkins University, Campaign, Reuters, FDA, Centers for Disease, Medical University of South, Associated Press, Philanthropy, AP Locations: United States, – California , Massachusetts , New Jersey , New York, Rhode, San Francisco, —, British, Medical University of South Carolina, vaping

☆ Meet the JPMorgan executive emerging as a dark horse to succeed Jamie Dimon
▼ + stars: | 2024-01-31 | by ( Rebecca Ungarino | ) www.businessinsider.com time to read: +9 min

Read previewA longtime JPMorgan executive who has kept a low public profile while cultivating a reputation as a successful trader with a talent for managing risk is emerging as a contender to succeed Jamie Dimon as chief executive. His new position through the internal shuffle has vaulted him more publicly and prominently into the most closely watched succession race on Wall Street. JPMorgan executive David Hudson told the publication that he returned to JPMorgan after working at Nomura in 2010 "to work for Troy." Rohrbaugh's other stops at JPMorgan have been head of global markets and head of macro markets. A senior JPMorgan executive who works with Rohrbaugh recalled that time during the pandemic.

Persons: —, Jamie Dimon, Dimon, Troy Rohrbaugh, Jennifer Piepszak, Wall, Marianne Lake, Rohrbaugh, Goldman Sachs, Euromoney, Eddie Wen, David Hudson, He's, Gary Gensler's, Goldman, Cantor Fitzgerald, Tim Soulas, Cantor, Johns Hopkins, you've, he'll, Kaja Whitehouse, Alex Morrell Organizations: Service, JPMorgan, Wall, Business, CIB, North America, Goldman, Nomura, Troy, Federal Reserve Bank of New, Global, Securities, Exchange, Banque Nationale, CooperNeff, Philadelphia Stock Exchange, World Trade Center, New York Daily News, Gilman School, Johns Hopkins University, Alpha Delta Phi, Baltimore Sun, Bloomberg Locations: Dimon, North, JPMorgan's, Canadian, Manhattan, Baltimore, Maryland, New York

☆ Mental Acuity Questions Catch Up With Trump
▼ + stars: | 2024-01-26 | by ( Susan Milligan | ) www.usnews.com time to read: +9 min

"Some people at Biden's and Trump's age are in a nursing home. Still, questions about the mental capacities of both Biden and Trump have been an issue in the campaign. How could they go after Trump's mental state without drawing attention to Biden's age – a factor polls show is one of his greatest vulnerabilities? Her youth and GOP membership make her a good person to challenge Trump on his mental acuity, but it's "too little, too late," he says. "The reason Trump's age has generally not been an issue is [because of] the energy around his supporters and the energy directed at him from his supporters.

Persons: Donald Trump, –, Joe Biden, Trump, Biden, It's, Steven Austad, Biden's, …, Joe, missteps, He's, Viktor Orban, Orban, Barack Obama, Obama, you'd, John Gartner, Trump's, Gartner, Trump –, Goldwater, Barry Goldwater, Donald Jurivich, Jurivich, Ronald Reagan, Reagan, Nikki Haley, Nancy Pelosi, Haley, I’ve, ” Haley, let’s, Donald, Basil Smikle, Smikle, Melody Crowder, Meyer, " Crowder Organizations: United Nations, Capitol, ABC, Washington Post, Biden, University of Alabama, Conservative, Fox News, New York Post, New Hampshire, Johns Hopkins University, Gartner, American Psychiatric Association, Donald Trump View, University of North Dakota School of Medicine & Health Sciences, GOP, Democratic, Columbia University, Davidson College, Trump Locations: Biden's, Hungarian, Turkey, Baltimore, United States, South Carolina

☆ One in six Black men will be diagnosed with prostate cancer in their lifetime. Early detection is key to saving lives
▼ + stars: | 2024-01-26 | by ( Nicquel Terry Ellis | ) edition.cnn.com time to read: +5 min

“That was really scary to hear.”One in six Black men will develop prostate cancer in their lifetime, according to the advocacy organization ZERO Prostate Cancer. The rate of prostate cancer among Black men has been underscored in recent weeks as Dexter King, the youngest son of the Rev. And in December, US Defense Secretary Lloyd Austin underwent a prostatectomy to treat prostate cancer that was discovered that same month. Bugler said ZERO Prostate Cancer recommends that Black men start talking to their doctors about the risks and benefits of prostate cancer screening at the age of 40. He blames toxic masculinity and stubbornness, which he said can also play a role in preventing Black men from getting screened for prostate cancer.

Persons: Nate Battle, doctor’s, “, ‘, ”, Dexter King, Martin Luther King Jr, Lloyd Austin, aren’t, it’s, Otis Brawley, ” Brawley, Brawley, Johns Hopkins, ” Courtney Bugler, Bugler Organizations: CNN, Prostate Cancer, Research, American Cancer Society, US, Johns Hopkins University, Baltimore and, ZERO Prostate, Cancer Locations: Black, barbershops, Baltimore, Baltimore and Washington

MILWAUKEE (AP) — A new estimate shows hearing loss affects approximately 37.9 million Americans and is more common in rural areas than urban ones and in men than women. The estimates are for 2019 and only include people who have hearing loss in both ears. Experts say rural Americans need better access to hearing screenings and specialists. Audiologist Melanie Buhr-Lawler, a clinical professor at the University of Wisconsin-Madison, said she saw the threats to hearing health growing up on a farm in rural Wisconsin and later researching hearing loss in rural residents. “People who live in rural areas have a hearing health double-whammy," said Buhr-Lawler, who was not involved with the study.

Persons: NORC, audiologist Nicholas Reed, ”, David Rein, Audiologist Melanie Buhr, Lawler, Buhr, Robert Wood Johnson Organizations: MILWAUKEE, University of Chicago, Johns Hopkins University, University of Wisconsin, “, U.S . Centers for Disease Control, Associated Press Health, Science Department, Robert Wood Johnson Foundation, AP Locations: Madison, Wisconsin, Tomah , Wisconsin

☆ NASA says the solar eclipse cutting from Texas to Maine in April 2024 will be way cooler than any before it. Here's why.
▼ + stars: | 2024-01-20 | by ( Jenny Mcgrath | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +6 min

If this sounds familiar, it's because in 2017, a 70-mile-wide band of the US saw a total solar eclipse, while many other areas saw a partial eclipse. But the total eclipse coming in April will be even cooler, excited NASA scientists told reporters at an American Geophysical Union meeting. Over 30 million people will be able to see the total solar eclipseA young woman looks through special eyewear to a solar eclipse. A map showing where the moon's shadow will cross the US during the 2023 annular solar eclipse (in yellow on the left) and 2024 total solar eclipse (in purple on the right). Sertac Kayar/ReutersThis will probably be the most observed total solar eclipse in history.

Persons: —, Kelly Korreck, Korreck, Huang Shan, Nour, Albert Einstein's, Sertac Kayar, It's Organizations: Service, Business, American Geophysical Union, NASA, Getty, Johns Hopkins University, Reuters Locations: planetariums, Atlanta, Charlotte, North Carolina, Mexico, Canada, Dallas, Cleveland, Indianapolis, Xiamen, Fujian Province, China, Diyarbakir, Turkey

☆ Apple knew AirDrop users could be identified and tracked as early as 2019, researchers say
▼ + stars: | 2024-01-12 | by ( Sean Lyngaas | Brian Fung | ) edition.cnn.com time to read: +9 min

Washington CNN —Security researchers warned Apple as early as 2019 about vulnerabilities in its AirDrop wireless sharing function that Chinese authorities claim they recently used to track down users of the feature, the researchers told CNN, in a case that experts say has sweeping implications for global privacy. AirDrop lets Apple users who are near each other share files using a proprietary mix of Bluetooth and other wireless connectivity without having to connect to the internet. A Chinese tech firm, Beijing-based Wangshendongjian Technology, was able to compromise AirDrop to identify users on the Beijing subway accused of sharing “inappropriate information,” judicial authorities in Beijing said this week. The Chinese tech firm, Wangshendongjian Technology, that claimed to have exploited AirDrop appeared to have used some of the same techniques first identified by the Darmstadt researchers in 2019, said Alexander Heinrich, one of the German researchers. “Now that Chinese security agencies are exploiting this vulnerability, it’s a tough political problem for Apple.”

Persons: Apple, “, ”, Benjamin Ismail, Florida Sen, Marco Rubio, ” Rubio, Milan Stute, Sascha Meinrath, Palmer, Alexander Heinrich, ” Heinrich, Kenn White, Heinrich et al, ” White, Sen, Ron Wyden, ” Wyden, “ Apple, Qi An Xin, Dakota Cary, SentinelOne, Ismail, would’ve, Matthew Green Organizations: Washington CNN —, CNN, Apple, Bluetooth, Technology, Republican, Senate Intelligence Committee, Technical University of Darmstadt, Penn State University, Wangshendongjian Technology, ” Apple, Oregon Democrat, Beijing, Olympic, Xinhua, Johns Hopkins University, “ Locations: China, Washington, Hong Kong, Beijing, Florida, Germany, Darmstadt, Oregon, cyberattacks, Dakota

☆ Bill Ackman wants more college presidents to be business people. But that's not the way it works.
▼ + stars: | 2024-01-05 | by ( Madeline Berg | ) www.businessinsider.com time to read: +6 min

Advancing through academia to the role of president is still the traditional route, with 54% of college presidents in the US taking this path. That's according to the American Council on Education's 2023 American College President Study, which surveyed more than 1,000 presidents. AdvertisementA 2017 Deloitte survey of sitting college presidents found they "overwhelmingly agreed" that campus leaders need academic experience. Business people aren't a popular choice for the position for several reasons, many of which have to do with a president's responsibilities. AdvertisementCautionary tales of presidents with business backgroundsWhile it's unfair to write off university leaders from business backgrounds, some recent experiments do provide a cautionary tale.

Persons: —, Bill Ackman, Claudine Gay, isn't, Ackman, Ackman doesn't, doesn't, Benjamin Ginsberg, it's, Ginsberg, Harvard's Gay, he's, Gay, Tim Wolfe, Simon Newman Organizations: Service, Harvard, Business, American Council, Study, Deloitte, Bloomberg, Johns Hopkins University, Faculty, IBM, Novell, University of Missouri, Mary's University, Education's, Futures Lab Locations: Mount St

Since June, the quarterly "dot plot" of policymakers' projections of the appropriate path of policy has shown rates rising another quarter point this year. Investors will be eager for the boost a rate cut would give to markets, and consumers will be relieved by lower mortgage and credit rates. Indeed, in remarks last week Fed Chair Jerome Powell noted that over the last six months inflation had averaged around 2.5%. Investors, meanwhile, have become increasingly fixed on March as a starting point for rate cuts. Between falling inflation and a modest slowdown in growth, Powell said: "We are getting what we wanted to get."

Persons: Vincent Reinhart, Dreyfus, Reinhart, Donald Trump, Michael Gapen, Gapen, Jerome Powell, Powell, Christopher Waller, Howard Schneider, Andrea Ricci Organizations: . Federal Reserve, Mellon, WE, Republican, Bank of America, Fed, Spelman College, Thomson Locations: U.S, Atlanta

As I read Nikhil Krishnan’s “A Terribly Serious Adventure: Philosophy and War at Oxford, 1900-1960,” I wondered how he would pull it off. Here was a scholar, determined to bring to life a school of thought (hard to do) that revolved around finicky distinctions in language (extremely hard to do). The “linguistic” or “analytical” turn in philosophy resisted grand speculations about reality and truth. Krishnan admits that even he had a hard time warming up to his subject when he first encountered it as a philosophy student at Oxford. That discrepancy is also a preoccupation of one of my favorite books this year, “The Rigor of Angels,” by William Egginton.

Persons: Nikhil Krishnan’s “, ”, Krishnan, William Egginton, Egginton, Jorge Luis Borges, Werner Heisenberg, Immanuel Kant Organizations: Oxford, Johns Hopkins University Locations: Oxford, Argentine

Periods of high inflation would offset those when inflation was low as occurred between the financial crisis and the pandemic. Those concerns may not matter anymore if the pandemic has driven inflation and interest rates chronically higher. Speaking at a Boston Fed labor market conference in November, Kohn said the new framework showed the risks of not keeping inflation at bay to begin with. "Probing" for maximum employment "can't ignore...inflation risks," Kohn said, calling for a return to a strategy disavowed in the last review. "I think preemptive tightening is best-practice central banking, and I hope they return to allowing that."

Persons: Joshua Roberts, Jerome Powell, There's, Miesha Williams, Powell, Charles Evans, Evans, Fed, Loretta Mester, Austan Goolsbee, Goolsbee, Donald Kohn, Kohn, Howard Schneider, Dan Burns, Andrea Ricci Organizations: Federal Reserve, REUTERS, Rights, U.S, Federal, Spelman College, Reuters, Chicago Fed, Chicago, Cleveland Fed, Boston Fed, Thomson Locations: Washington , U.S, Atlanta

Yellen will tour a Livent Corp (LTHM.N) facility in Bessemer City, North Carolina, that processes lithium hydroxide, a key ingredient in electric vehicle batteries. The plant near Charlotte is doubling its capacity due to increased demand for electric vehicles spurred by consumer tax credits of up $7,500 approved in the 2022 Inflation Reduction Act. These include $142 billion in EVs and batteries and $71 billion in clean energy manufacturing, and she attributed much of the investment to tax credits in the inflation reduction act. The Biden administration in coming days is expected to release new guidance on the levels of Chinese content that EV batteries can have and still qualify for IRA tax credits. It will take time for this to fade and for people to feel the benefits of higher wages, he added.

Persons: Janet Yellen, Joe Biden, Yellen, Biden, Donald Trump, Larry Sabato, we're, Sabato, David Lawder, Howard Schneider, Chizu Organizations: . Treasury, U.S, Livent Corp, Midwest, EV, University of Virginia's Center, Politics, Thomson Locations: North Carolina, Bessemer City , North Carolina, Charlotte, EVs, Argentina, Canada, U.S

BESSEMER CITY, North Carolina, Nov 30 (Reuters) - U.S. Treasury Secretary Janet Yellen said on Thursday she believes the U.S. economy does not need further drastic monetary policy tightening to stamp out inflationary expectations and was on track to achieve a "soft landing" with strong employment. "We don't need that now," Yellen said. "I believe the signs are very good that we will achieve this soft landing with unemployment stabilizing more or less we're where it is in this general vicinity, and growth slowing to a sustainable level. So my hope is that Americans gradually will see that things are getting better," Yellen said. Reporting by Howard Schneider, writing by David Lawder, editing by Chris ReeseOur Standards: The Thomson Reuters Trust Principles.

Persons: Janet Yellen, Yellen, Howard Schneider, David Lawder, Chris Reese Organizations: BESSEMER CITY, . Treasury, Federal, Thomson Locations: North Carolina, U.S

"Inflation rates are moving along pretty much like I thought," Fed Governor Christopher Waller, a hawkish and influential voice at the central bank, told the American Enterprise Institute think tank on Tuesday. If the decline in inflation continues "for several more months ... three months, four months, five months ... we could start lowering the policy rate just because inflation is lower," he said. Additional Fed rate increases remain a possibility if upcoming data includes an unexpected resurgence of price pressures, he said. But even Bowman, who like Waller is among the Fed's most hawkish officials, stopped short of outright calling for a further increase in the policy rate. New inflation data will be released on Thursday, and policymakers will also have a fresh monthly jobs report and other data in hand before they gather next month.

Persons: Christopher Waller, Bond, Waller's, Jerome Powell, Michelle Bowman, Bowman, Waller, Austan Goolsbee, Howard Schneider, Ann Saphir, Lindsay Dunsmuir, Andrea Ricci, Paul Simao Organizations: Federal Reserve, American Enterprise Institute, Fed, Spelman College, Utah Bankers Association, Chicago Fed, Conference Board, Thomson Locations: U.S, Atlanta, Salt Lake City

[1/3] An employee hiring sign is seen in a window of a business in Arlington, Virginia, U.S., April 7, 2023. So far, he said at a Boston Fed labor market conference earlier this month, measures like the employment-to-population ratio largely have not behaved differently for key racial groups, for women versus men, or among those with different education levels. Research has since tended to suggest that there may be untapped pools of labor that only become available when the job market is tight - an argument for keeping monetary policy looser than not. The labor market recovery so far has been "remarkably equitable," she said. Pandemic-era programs threw a safety net under many families, and the tight job market that has since developed helped many get a foothold, Rouse said.

Persons: Elizabeth Frantz, William M, Rodgers III, Rodgers, Torsten Slok, Jerome Powell, quartile, Chris Wheat, Cecilia Rouse, Joe Biden, Rouse, what's, we're, Howard Schneider, Dan Burns, Paul Simao Organizations: REUTERS, Rights, Institute for Economic Equity, St, Louis Federal Reserve, Boston Fed, Blacks, Apollo Global Management, JPMorgan Chase Institute, Workers, Reuters Graphics, of Economic Advisers, Brookings Institution, Thomson Locations: Arlington , Virginia, U.S, joblessness

Many countries are working on them — and neither China, Russia, Iran, India or Pakistan have signed a U.S.-initiated pledge to use military AI responsibly. Another AI project at Space Force analyzes radar data to detect imminent adversary missile launches, he said. One urgent challenge, says Jane Pinelis, chief AI engineer at Johns Hopkins University’s Applied Physics Lab and former chief of AI assurance in Martell’s office, is recruiting and retaining the talent needed to test AI tech. Testing and evaluation standards are also immature, a recent National Academy of Sciences report on Air Force AI highlighted. Might that mean the U.S. one day fielding under duress autonomous weapons that don’t fully pass muster?

Persons: —, Replicator —, Kathleen Hicks, ”, Gregory Allen, we’ve, Missy Cummings, George Mason, Lisa Costa, Wallace ‘ Rhet ’ Turnbull, Tom Siebel, Matt Visser, Palantir, Jack Shanahan, Maven, Mark Milley, Christian Brose, Paul Scharre, ” Anduril, Nathan Michael, Michael, Shanahan, Craig Martell, Martell, Jane Pinelis, “ Organizations: U.S ., Russia, Air Force, China, Pentagon, Department of Defense, Center for Strategic, International Studies, Navy, ” U.S . Space Force, Space Force, Space Systems Command, Blackhawk, ., U.S . Missile Defense Agency, Defense Counterintelligence, Security Agency, Third Infantry Division, NATO, Maven, National Geospatial - Intelligence Agency, U.S . Special Operations, ISIS, Command, Control, Chiefs, Armed Services Committee, U.S, Marines, Special Forces, Industry, BAT, Marine Expeditionary, Pentagon AI, LinkedIn, Johns Hopkins, Lab, National Academy of Sciences Locations: Md, Ukraine, U.S, China, Russia, Iran, India, Pakistan, ” U.S, Silicon Valley

The minutes will likely include the "superficially hawkish rhetoric" that rates might still move higher, Citi analysts wrote on Sunday in a preview of the release. But "we continue to think that Fed officials are most likely done raising rates this cycle." "Inflation does seem to be settling," Richmond Fed President Thomas Barkin told Fox Business on Monday. But he also felt it was likely to remain "stubborn, and that makes the case for me for being higher for longer." "What I would be looking for is sustained evidence" of inflation in steady decline, Boston Fed President Susan Collins said last week.

Persons: Jerome Powell, Powell, Thomas Barkin, Susan Collins, Collins, Howard Schneider, Paul Simao Organizations: Reuters Graphics Reuters, International Monetary Fund, Citi, Fed, Richmond Fed, Fox Business, Boston, Thomson Locations: U.S

☆ With job cuts and drug tests, the Pentagon hopes to prepare its special-ops forces for a new era of warfare
▼ + stars: | 2023-11-21 | by ( Stavros Atlamazoglou | ) www.businessinsider.com time to read: +6 min

US Navy/MCS 1st Class Anthony W. WalkerNaval Special Warfare Command announced in September that it would start testing its personnel, including Navy SEALs and Naval Special Warfare Combatant-Craft Crewmen, for performance-enhancing drugs. The initiative comes after several drug-related incidents in the Naval Special Warfare community and is designed to protect the force's health and readiness. Special Forces Assessment and Selection candidates carry a telephone pole during a ruck march at Camp Mackall in North Carolina in March 2020. The Navy Special Warfare Community has swelled to about 4,000 SEALS — 10 times as many as at the height of the Cold War. A US Special Forces soldier free falls over a drop zone in Germany in March 2015.

Persons: —, Anthony W, Keith Davids, Jason Johnston, Stavros Atlamazoglou Organizations: Pentagon, Service, US Navy, Walker, Warfare Command, Navy, Warfare, Craft, Navy SEAL, Special Forces, US Army, Special, Command, Army, 75th Ranger, Operations Command, US Special Forces, Hellenic Army, 575th Marine Battalion, Johns Hopkins University, Johns Hopkins School, International Studies, Boston College Law School Locations: Iraq, Afghanistan, Syria, Ukraine, Beijing, Asia, Pacific, Russia, China, Coronado , California, Mackall, North Carolina, Germany

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