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Sergey Dolzhenko/EPA-EFE/ShutterstockUkrainian President Volodymyr Zelensky, NATO’s Jens Stoltenberg and other European leaders are condemning the attack on Slovak Prime Minister Robert Fico on Wednesday. NATO Secretary General Jens Stoltenberg: "Shocked and appalled by the shooting of Prime Minister Robert Fico. My thoughts are with PM Fico, his family,” she said on X.Ukrainian President Volodymyr Zelensky: "The attack on Slovakia’s Prime Minister Robert Fico is appalling. Italian Prime Minister Giorgia Meloni: "I learned with deep shock the news of the cowardly attack on Slovak Prime Minister Robert Fico. Spanish Prime Minister Pedro Sanchez: “Horrified and outraged at the attack on the Slovak Prime Minister.

Persons: Volodymyr Zelensky, Zuzana Caputova, Sergey Dolzhenko, NATO’s Jens Stoltenberg, Robert Fico, Jens Stoltenberg, Ursula von der, “, Fico, ”, state's, Zelensky, Viktor Orban, ” Orban, Giorgia, Pedro Sanchez, ” Sanchez Organizations: Slovak, NATO, European, Slovakia’s, Spanish, Slovak Prime Locations: Kyiv, Ukraine, Slovakia, Hungarian, Spain

☆ Why investors shouldn't be clamoring for rate cuts this summer
▼ + stars: | 2024-05-15 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

AdvertisementThe market should be careful what it wishes for when it comes to rate cuts from the Federal Reserve. Ed Yardeni, a longtime market veteran, has warned of a stock market "meltup" if the Fed were to cut interest rates this summer. High interest rates on risk tipping the economy into recession, but lowering rates too quickly risks a resurgence in inflation, which could slam American consumers. Fed officials have said they're looking for more evidence inflation is on track to fall to its 2% price target before mulling rate cuts. AdvertisementFor the most part, investors aren't expecting interest rates to come down before September.

Persons: Ed Yardeni, meltdowns, Yardeni, —, they're Organizations: Service, Federal Reserve, Bloomberg, Yardeni, Fed

☆ Air Force asks for new charges against airman who leaked classified intel on Discord
▼ + stars: | 2024-05-15 | by ( Oren Liebermann | ) edition.cnn.com time to read: +2 min

CNN —US Air Force prosecutors have asked for new charges against the Massachusetts Air National guardsman who pleaded guilty in federal court earlier this year to leaking highly classified intelligence reports and other documents on social media, according to the Air Force. During a hearing at Hanscom Air Force Base in Massachusetts on Tuesday, Air Force prosecutors asked a hearing officer to recommend charges of disobeying an order and obstructing justice against Jack Teixeira under the Uniform Code of Military Justice. CNN reported earlier this month that the Air Force would pursue separate charges under the UCMJ. Teixeira was represented by three military defense counsel, including one of the chief district defense counsels for the Air Force, a spokesperson for the Air Force said. The hearing officer will then make a recommendation on whether to move forward with the recommended charges or change them in some way.

Persons: Jack Teixeira, Military Justice . Teixeira, Teixiera, Teixeira, ”, Daniel DeVoe, CNN’s Kaanita Iyer Organizations: CNN, US Air Force, Massachusetts Air National, Air Force, Hanscom Air Force Base, Military Justice, Prosecutors, Department of Justice, ”, Martial Locations: Massachusetts, Russia, Ukraine, States

☆ Chuck Schumer and bipartisan group of senators unveil plan to control AI – while investing billions of dollars in it
▼ + stars: | 2024-05-15 | by ( Brian Fung | ) edition.cnn.com time to read: +3 min

It also instructs multiple Senate committees to come up with guardrails for AI to address some of its biggest risks, such as AI-enabled discrimination, job displacement and election interference. “Harnessing the potential of AI demands an all-hands-on-deck approach and that’s exactly what our bipartisan AI working group has been leading,” Schumer said Wednesday. “This roadmap represents the most comprehensive and impactful bipartisan recommendations on artificial intelligence ever issued by the legislative branch,” Young said Wednesday. Schumer has described regulating artificial intelligence as a challenge for Congress unlike any other, vowing a swift timeline measured in months, not years. But policy analysts, and some congressional aides, doubt whether Congress can pass significant legislation regulating AI in an election year.

Persons: Chuck Schumer, Schumer, ” Schumer, New Mexico Democratic Sen, Martin Heinrich, Republican Sens, Mike Rounds, Todd Young, ” Young, ” Organizations: CNN, European Union, National Security, Artificial Intelligence, New, New Mexico Democratic, Republican, South, Todd Young of Indiana, EU Locations: New York, New Mexico, South Dakota

☆ Opinion: Restricting and monitoring social media won’t protect kids — here’s what will
▼ + stars: | 2024-05-15 | by ( Opinion Michal Luria | Aliya Bhatia | ) edition.cnn.com time to read: +9 min

But the bills mentioned by policymakers at a congressional hearing last month to address the problem — specifically, the Kids Online Safety Act (KOSA) and the Protecting Kids on Social Media Act — may do more harm than good. The Senate Commerce, Science and Transportation Committee will be considering the Protecting Kids on Social Media Act on Thursday. Both KOSA and the Protecting Kids on Social Media Act also propose parental monitoring tools to help guardians observe their children’s online activities. Join us on Twitter and FacebookBut that’s not enough — social media platforms should continue taking active steps toward more thoughtful designs for young people. A parent might talk to their child about what they are doing online or respond to something they post on social media.

Persons: Michal Luria, Aliya Bhatia, Aliya Bhatia Tim Hoagland, — Organizations: Center for Democracy & Technology, CNN, US, American Psychological Association, Pew Research Center, Social Media, Senate Commerce, Science, Transportation, Research, Global, American Privacy, APRA, Federal Trade Commission, Social, Twitter

☆ Danaher's rally shows how sticking with a troubled stock of a good company can pay off
▼ + stars: | 2024-05-15 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

Market talk : The S & P 500 and Nasdaq jumped to new intraday highs Wednesday, extending the gains from the prior session's late-day rally. In fact, the S & P 500 broke above 5,300 for the first time ever. The one thing we're staying guarded about in this rally is how overbought the stock market has become. You have to go back to last December to find a time when the S & P 500 Short Range Oscillator was this overbought. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

Persons: Jim Cramer, Dow, Jan, Danaher, prudently, Cramer, we're, Jim Cramer's, Jim Organizations: CNBC, Nasdaq, Bank of America Healthcare, Disney, Cisco Systems, Walmart, Deere, Baidu, Jim Cramer's Charitable Locations: China

☆ Europe must avoid ‘disaster’ of trade decoupling as it eyes China tariffs, EU's economics chief says
▼ + stars: | 2024-05-15 | by ( Jenni Reid | ) www.cnbc.com time to read: +2 min

The European Union must avoid a harmful decoupling of global trade as it mulls tariffs on Chinese electric vehicles and other goods, the bloc's economic chief said Wednesday. "But this is not bringing us to a theory of decoupling of global trade, which would be a disaster for both parts of the decoupling," he said. "The characteristic of the EU economy is to be more open, more influenced by trade, and less by only internal consumption. This is the reason, the economic reason, why it is in the interest of the European Union to keep the doors of trade open." Meanwhile, several EU nations are nervous about potential Chinese retaliatory trade measures hitting important domestic industries, from German automotives to French cognac.

Persons: Paolo Gentiloni, CNBC's Silvia Amaro, Gentiloni Organizations: European, European Union, CNBC Locations: European Union, Europe, China, EVs, U.S, Russia, Ukraine

☆ The pandemic has changed when Americans expect to retire
▼ + stars: | 2024-05-15 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

Most non-retired adults have some type of retirement savings, but only 36% think their savings are on track. New research from economists at the Federal Reserve Bank of New York finds that this retirement savings deficit hasn’t made a dent in when Americans plan to exit, or partially exit, the workforce. “The pandemic-induced change in retirement expectations may continue to affect the labor market in years to come,” they wrote. Yes, but: This is a survey of expectations, researchers at the New York Fed are quick to point out. Just because Americans say they plan to shift to part-time work or retire early, it doesn’t mean that they’ll be able to.

Persons: Felix Aidala, Gizem Kosar, Wilbert van der, ”, They’re, Alicia Wallace, delinquencies, Joelle, CNN’s Parija, Donna Morris, Morris, ” Morris Organizations: CNN Business, Bell, New York CNN, Census, Federal Reserve Bank of New York, Social Security, New, Survey, SCE, triannual, Social, Social Security Agency, Lawmakers, New York Fed, Federal Reserve Bank of New, “, Public Policy Research, Credit, Walmart, CNN, San Francisco Bay Area Locations: New York, United States, York, Federal Reserve Bank of New York, Bentonville , Arkansas, Walmart’s Dallas, Atlanta, Toronto, Bentonville, San Francisco Bay, Hoboken , New Jersey

☆ Embattled Georgia DA Fani Willis and Trump trial judge hit the campaign trail
▼ + stars: | 2024-05-15 | by ( Sara Murray | Jason Morris | ) edition.cnn.com time to read: +8 min

Wise Smith, meantime, has faced some skepticism from voters worried that if he ousts Willis it could endanger the Trump case. The disqualification drama surrounding Willis hasn’t spared Wise Smith from skepticism from some Democrats who believe Willis will most aggressively prosecute the Trump case. “Some folks were worried that me jumping in the race, you know, might mean we lose that case,” Wise Smith said in an interview with CNN. Let me say this, I think the case is in grave jeopardy right now,” Wise Smith said of the Trump case. In a rarity for a sitting judge, McAfee has also been granting interviews to local media.

Persons: Donald Trump, Fani Willis, Scott McAfee, ” Willis, “, Trump, Willis, Christian Wise Smith, Willis ’, Wise Smith, McAfee, Robert Patillo, he’s, Courtney Kramer, ”, Michael J, Moore, she’s, Willis hasn’t, ” Wise Smith, Wise Smith –, –, ” McAfee, wouldn’t, “ I’ve, Patillo’s, ” Patillo, “ It’s, Patillo, Brian Kemp, Roy Barnes, Kemp, Barnes, Ray Smith III, Smith, ” Moore, that’s Organizations: CNN, Democratic Party, Democratic, Trump, Trump White House, Middle, Middle District of, WSB, Georgia Gov, Republican, Democrat, McAfee, Boy Scouts Locations: Georgia, Fulton County, Middle District, Middle District of Georgia, Inman

☆ Supreme Court allows second majority-Black district in Louisiana over liberal dissents
▼ + stars: | 2024-05-15 | by ( John Fritze | Fredreka Schouten | ) edition.cnn.com time to read: +8 min

The ruling will have an impact beyond the Louisiana district, which likely explains the vote count, said CNN Supreme Court analyst Steve Vladeck. The Supreme Court has never defined what constitutes a “last-minute” election decision that should bar courts from weighing into such disputes. In a brief dissent, Justice Ketanji Brown Jackson said it was premature for the Supreme Court to intervene in the case. Louisiana came to the Supreme Court caught between two lower court orders. Two years ago, the Supreme Court allowed that map to be used in the midterm even though a lower court said it was likely illegal.

Persons: Sen, Cleo Fields, “, ”, Liz Murrill, –, Steve Vladeck, Vladeck, Purcell, Justice Ketanji Brown Jackson, Purcell “, ” “, ” Jackson, Jackson, ” Vladeck, “ Today’s, Garret Graves, Jeff Landry’s, ” Michael McClanahan, ” Edward Greim, Paul Hurd Organizations: CNN, Democrats, Representatives, Democrat, Republican, US, CNN Supreme, Black, University of Texas School of Law, Louisiana Gov, Court, Supreme, White Republicans, White, NAACP Louisiana State Conference, “ Locations: Black, Louisiana, Shreveport, Baton Rouge, Rep, Bayou, Republican Louisiana

I always tell my financial planning clients to keep an emergency fund — but I don't keep cash on hand. We recommend keeping that money in a highly liquid vehicle, like a high-yield savings account or money market account. Your priority for your emergency fund should be access and safety, not returns. I have a much more intricate understanding of market risk and the impact of market downturns. The rule I refuse to break: Save (at least) 25% of gross incomeI urge my financial planning clients to prioritize their savings and investments.

Persons: —, We've, It's, what's, doesn't Organizations: Service

This week, Xi is welcoming him to China for a two-day state visit — their fourth in-person meeting since Russia’s onslaught in Ukraine began. China has repeatedly defended its trade with Russia as part of normal bilateral relations. Russia has also become China’s main oil supplier, overtaking Saudi Arabia, according to official Chinese trade data. Governments warn against support for Russia’s war effortThe wartime surge in trade, and growing purchases of oil, have sparked criticism in the West that China was helping to fund Russia’s war. It mirrors Xi’s state visit to Russia in March 2023, which was the Chinese leader’s first overseas trip after starting a norm-shattering third term as president.

Persons: Vladimir Putin’s, Xi, Putin, Antony Blinken, Emmanuel Macron, Ursula von der Leyen, Von der, ’, Volodymyr Zelensky, Joe Biden, Biden Organizations: Hong Kong CNN, United, European Union, International Monetary Fund, —, EU, White, European Commission Locations: China, Hong Kong, Russia, Ukraine, Russian, United States, Saudi Arabia, India, West, Beijing, France, Chinese

☆ 529 college savings plans 'are better now than they've ever been,' expert says. Here are key changes for 2024
▼ + stars: | 2024-05-15 | by ( Jessica Dickler | ) www.cnbc.com time to read: +3 min

Whether the funds are for college or vocational studies, she said, "529 plans are better now than they've ever been before and they're more flexible." "There are three pretty significant changes this year," said Vivian Tsai, senior director of education savings at TIAA and chair emeritus for the College Savings Foundation, a non-profit that provides public policy support for 529 plans. Financial experts and plan investors agree that 529 college savings plans are a smart choice for many. Tax deductions or credits for contributionsEven before recent changes, there were already many advantages to a 529 plan. A few states also offer additional benefits, such as scholarships or matching grants, to their residents if they invest in their home state's 529 plan.

Persons: Vivian Tsai, New Roth, beneficiary's Roth, Chris Lynch, they're, " Lynch Organizations: College Savings Foundation, Financial, Finance, CNBC, Federal

☆ Why Biden’s monster EV tariffs could inflame a Europe-China trade war
▼ + stars: | 2024-05-15 | by ( Hanna Ziady | ) edition.cnn.com time to read: +6 min

It’s a very different matter in Europe — by far the biggest export market for Chinese EV manufacturers. EU tariffs could backfireAccording to Citi, the EU accounted for 36% of Chinese EV exports last year, more than the next five largest markets combined. By contrast, the United States currently receives just 1.1% of China’s EV exports. For BYD, China’s biggest EV maker, the tariffs would likely have to be even higher to be effective, they add. “I’d say we are entering a very tense period in terms of trade interactions and trade defense,” she added.

Persons: Joe Biden, “ I’m, ” Biden, Joseph Webster, Agatha Kratz, Kratz, That’s, Oliver Zipse, ”, Tu Le, “, Josh Lipsky, Juliana Liu Organizations: London CNN, United, EV, European Union, Atlantic Council, EU, CNN, Citi, Capital Economics, BMW Locations: China, America, Europe, United States, It’s, Brussels, “ Brussels, Beijing, subsidization, EU, States, Italy, Hong Kong

☆ Royal Mail owner IDS set to agree $4.4 bln Kretinsky takeover bid
▼ + stars: | 2024-05-15 | by ( ) www.cnbc.com time to read: +2 min

IDS owns UK's Royal Mail, which is loss making, and international parcels network GLS. Royal Mail was privatised in 2013 in one of Britain's biggest state sell-offs in decades. It is expected the commitment to offer these contractual undertakings to the British government would be reflected in the cooperation agreement between the parties if a firm offer is made, it added. EP Group now has until May 29 to make a formal offer or walk away. EP is a 100% shareholder in VESA Equity investment which owns Kretinsky's IDS stake of nearly 28%.

Persons: Daniel Kretinsky, Keith Williams Organizations: International, Services, IDS, Royal Mail, UK's, Royal, National Security and Investment, Reuters, Equity Locations: Czech, London, Britain, British

☆ Despite Billions in Investments, Biden Trails in Arizona and Georgia
▼ + stars: | 2024-05-15 | by ( Madeleine Ngo | ) www.nytimes.com time to read: +1 min

President Biden’s economic policies have helped spur billions of dollars in new investments in Arizona and Georgia, two crucial battleground states in the 2024 election. Yet so far, Mr. Biden’s policies appear to have done little to lift his support in either region. Arizona and Georgia have been major beneficiaries of the Biden administration’s key policy initiatives — the Inflation Reduction Act, the CHIPS and Science Act and the bipartisan infrastructure law. Georgia has been a big beneficiary of Mr. Biden’s clean energy and infrastructure laws. Still, former President Donald J. Trump has maintained a significant lead over Mr. Biden in both states, according to new polls by The New York Times and Siena College.

Persons: Biden, Donald J, Trump Organizations: Semiconductor Industry Association . Georgia, Mr, The New York Times, Siena College Locations: Arizona, Georgia

☆ Ukraine war live updates: Under heavy Russian fire, Ukraine withdraws troops from parts of besieged Kharkiv region
▼ + stars: | 2024-05-15 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

U.S. Secretary of State Antony Blinken (R) performs "Rockin' in the Free World" with members of The 1999 band at the Barman Dictat bar in Kyiv on May 14, 2024. The United States will back Ukraine until the country's security is "guaranteed," Blinken said in a speech in Kyiv on May 14, 2024. The band's singer told the crowd he had a "secret guest" for them as he invited "the biggest friend of Ukraine, Antony Blinken" onstage, to cheers from the crowd. But they need to know, you need to know, the United States is with you, so much of the world is with you," he said. "They're fighting not just for a free Ukraine but for the free world, and the free world is with you too," he added.

Persons: Antony Blinken, Blinken, Neil Young's, Volodymyr Zelenskyy, Dmytro Kuleba, Ukraine, Holly Ellyatt Organizations: Ukraine, Ukraine's Foreign Locations: Kyiv, United States, Ukraine, Kharkiv

☆ A former Bridgewater executive shares his 2 highest-conviction trades right now — and breaks down why the US labor market remains exceptionally strong despite apparent signs of weakness
▼ + stars: | 2024-05-15 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

Another common worry among investors is the risk that elevated interest rates pose to the labor market and overall economy. AdvertisementThat difference is that prior cycles have been driven by lending, Elliott said. Lending growth fueled economic expansions and drops in lending led to economic contractions. He said it can act as a hedge against the Fed cutting rates too early with the economy still strong. AdvertisementInvestors can gain exposure to gold through funds like the SPDR Gold Shares (GLD) and the iShares Gold Trust (IAU).

Persons: St, Louis, Bob Elliott, Elliott, Louis Fed, It's Organizations: Service, Unlimited Funds, Bridgewater Associates, Federal Reserve, Treasury, Trust

☆ Opinion: America vowed to desegregate its schools. This is what happened instead
▼ + stars: | 2024-05-15 | by ( Opinion Keith Magee | ) edition.cnn.com time to read: +8 min

CNN —A few weeks ago, I gave the keynote speech at an inaugural conference on Black literacy exploring what the organizers called an “alarming literacy gap” between Black students and their peers. The White students even had their prom at the local country club while the Black students’ prom was held in the school gym. And since schools with high numbers of poor Black and Brown students tend to be drastically underfunded the correlation between poverty and lower academic achievement is hardly surprising. More than two-thirds attend schools in which only a minority of students are eligible for FRPL, schools where better funding and opportunities mean better outcomes. Research shows that integration raises the attainment levels of all students — not just those who are Black, Brown and poor.

Persons: Keith Magee, Keith Magee Arron Dunworth, sleepovers, Angela Davis, Brown, backpedaling, —, Martin Luther King, Jr, Beverly Daniel Tatum, ” Organizations: University College London Institute for Innovation, Newcastle University Law School, CNN, of Education of, Civil Rights, Stanford, University of Southern, Pacific, Research, Twitter, Facebook, Brown v, of Education Locations: America, Brown, of Education of Topeka, Louisiana, University of Southern California, Black

☆ These wall-climbing, AI-powered robots are finding the flaws in 'D' grade US infrastructure, from commuter bridges to military hardware
▼ + stars: | 2024-05-15 | by ( Ian Thomas | ) www.cnbc.com time to read: +4 min

A focus on military hardware, from subs to aircraft carriersGecko robots are increasingly being utilized by the U.S. military. In 2022, the U.S. Air Force awarded Gecko Robotics a contract to help it with the conversion of missile silos. Gecko Robotics technology can collect upwards of 20 million data points in a tenth of the time, Loosararian said. The digital twins being created by Gecko robots also help with the building of future projects, saving not only time but resources and capital. "It's not just about how things work day-to-day but also how do you build smarter things," Loosararian said."

Persons: Baltimore's Francis Scott Key, weren't, Jake Loosararian, CNBC's Julia Boorstin, Loosararian, It's Organizations: Robotics, CNBC, Biden's, U.S ., U.S . Air Force, U.S . Navy, Columbia, Navy, USS Locations: Philadelphia, U.S, New York City, China

☆ Jamie Dimon urges the U.S. to deal with its deficit sooner rather than later
▼ + stars: | 2024-05-15 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +2 min

JPMorgan Chase CEO Jamie Dimon on Wednesday urged the U.S. to reduce its fiscal deficit sooner rather than later, warning the issue will likely become "far more uncomfortable" if it continues to be overlooked. That's a lot, but obviously that drives growth," Dimon said in an interview with Sky News. So, I think America should be quite aware that we have got to focus on our fiscal deficit issues a little bit more, and that is important for the world," he added. The federal government has so far spent $855 billion more than it has collected in the 2024 fiscal year, according to the U.S. Treasury Department, resulting in a national deficit. Dimon said he hoped the U.S. government "really focuses" on reducing the deficit while still enjoying a period of robust economic growth.

Persons: Jamie, JPMorgan Chase, Jamie Dimon, Dimon, Joe Biden Organizations: JPMorgan Chase, U.S . Senate Banking, Housing, Urban Affairs, Wall, Capitol, Washington , D.C, JPMorgan, Wednesday, Sky News, U.S . Treasury Department, . Locations: Washington ,, America, U.S

☆ Biden's EV tariffs may not be enough to stave off the threat of Chinese vehicles in the U.S.
▼ + stars: | 2024-05-15 | by ( Michael Wayland | ) www.cnbc.com time to read: +4 min

Win Mcnamee | Getty ImagesDETROIT – President Joe Biden's plan to quadruple tariffs on China-made electric vehicles is unlikely to stave off the threat of more Chinese cars and trucks on U.S. roadways. Automotive and trade experts say the increased tariffs are a near-term protectionism act that may delay, but won't stop, Chinese automakers from coming to the U.S. with EVs. The EV tariffs, including other increases regarding battery materials, were among new tariff rates on $18 billion worth of Chinese imports. The quality and build of vehicles by Chinese automakers have gotten significantly better in recent years, as the Chinese government has subsidized their operations to grow domestic production. GM and others have found it hard to compete against budget and mainstream Chinese vehicles, including EVs.

Persons: Joe Biden, Win Mcnamee, Joe Biden's, It's, Dan Hearsch, Stellantis —, Warren Buffett, BYD, Morgan Stanley, Tim Hsiao, Lincoln Organizations: White, Getty, DETROIT, Communist, U.S . Automotive, Motors, U.S, — GM, Ford Motor, Chrysler, Warren, EV, Wall Street, China Association of Automobile Manufacturers, U.S . Vehicles, Lincoln Nautilus, Volvo, Biden Administration Locations: Rose, Washington , DC, China, Mexico, Americas, U.S

☆ It was their job to make sure humans are safe from OpenAI's superintelligence. They just quit.
▼ + stars: | 2024-05-15 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +4 min

And the fact that there aren't such controls in place yet is a problem OpenAI recognized, per its July 2023 post. Our current techniques for aligning AI, such as reinforcement learning from human feedback , rely on humans' ability to supervise AI," read OpenAI's post. "But humans won't be able to reliably supervise AI systems much smarter than us, and so our current alignment techniques will not scale to superintelligence. AdvertisementLeike — who worked at Google's DeepMind before his gig at OpenAI — had big aspirations for keeping humans safe from the superintelligence we've created. "Maybe a once-and-for-all solution to the alignment problem is located in the space of problems humans can solve.

Persons: —, Sam Altman, Ilya Sutskever, Altman, Sutskever, he's, Jan Leike, Leike, OpenAI, superalignment, we're, Google's DeepMind, OpenAI — Organizations: Service, Business, OpenAI Locations: OpenAI

☆ With Church Bells and Hashtags, the Netherlands Backs Its Eurovision Act
▼ + stars: | 2024-05-15 | by ( Claire Moses | ) www.nytimes.com time to read: 1 min

At noon on Tuesday, some church bells and carillons in the Netherlands didn’t sound like they usually do. Rather than solemnly tolling, they played the melody of “Europapa,” the song that was supposed to be the Dutch entry in the Eurovision Song Contest final this past Saturday. Dutch radio stations are also regularly playing the three-minute pop song, and some fans have added the hashtag “JusticeforJoost” to their social media accounts. Support is strong in the Netherlands for Joost Klein, the singer behind “Europapa,” who was a preshow favorite among Eurovision fans and bookmakers until he was disqualified just hours before the final in Malmo, Sweden. Eurovision’s organizer, the European Broadcasting Union, barred Klein from taking part after an “incident” during which he showed “threatening behavior directed at a female member of the production crew,” it said in a statement.

Persons: ”, Joost Klein, “ Europapa, Klein Organizations: Eurovision, European Broadcasting Union Locations: Netherlands, Malmo, Sweden

☆ Warren Buffett thinks taxes are on the way up. Why selling stocks in advance may not be a good call
▼ + stars: | 2024-05-15 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +5 min

That's because the amount of money that's converted is subject to ordinary income tax – which can be as high as 37%. Even for those who are taxed at a lower rate, a sufficiently large conversion might bump them into a higher tax bracket. Long-term capital gains taxes have three tiers, depending on an investor's income: 0%, 15% and 20%. In a higher tax environment, "tax loss harvesting will become more important, and doing it in a performance-neutral way," said Jerrod Pearce, a certified financial planner and partner at Creative Planning in Overland Park, Kansas. Don't sell highly appreciated assets to generate cash if you're donating to charity.

Persons: Warren Buffett, Berkshire Hathaway, Buffett, Trump, Tim Steffen, Baird, Roth, Steffen, that's, Jerrod Pearce Organizations: Creative Planning, Mutual Locations: Berkshire, Washington, Overland Park , Kansas

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