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☆ ‘It all feels like a nightmare.’ This mom and former Israeli tank commander is leading her tech startup from a war zone
▼ + stars: | 2023-11-03 | by ( Matt Egan | ) edition.cnn.com time to read: +4 min

Cohen, a former tank commander in the Israeli Army, had no doubt she should immediately return to Tel Aviv. Now she is leading Hello Heart from Tel Aviv, where the company employs about 80 people. Other Hello Heart employees are Palestinians, including some who have family in Gaza. After the terror attack, Hello Heart consulted a trauma expert to help address the mental health stress. “I told our board we’re going to win the war against Hamas,” Cohen said.

Persons: New York CNN — Maayan Cohen, Cohen, ” Cohen, ”, ” ‘, ’ Cohen, I’ve, Maayan Cohen, Micha, you’re, Heart, “, “ We’re Organizations: New, New York CNN, Israeli Army, CNN, CVS, Delta Air Lines, Heart’s Tel, Hamas Locations: New York, Tel Aviv, Las Vegas, Israel, Vegas, American, Silicon Valley, California, Gaza, Heart’s, Heart’s Tel Aviv

☆ Silicon Valley Shrugs Off Sam Bankman-Fried’s Trial
▼ + stars: | 2023-11-02 | by ( Erin Griffith | More About Erin Griffith | ) www.nytimes.com time to read: +1 min

In the four weeks that Sam Bankman-Fried, the founder of the FTX cryptocurrency exchange, was on trial on fraud charges, the tech industry:Reacted to the war in Israel and Gaza, including protesting a tech conference organizer’s social media posts about the conflict. Buzzed over a manifesto from a top venture capitalist outlining a list of enemies to technological progress. Scrambled to invest money in the hottest artificial intelligence company, OpenAI, at triple its valuation earlier this year. Hotly debated the new features on Threads, a social media site owned by Meta. But a simpler answer could be that the tech industry has again done what it does best: move on to the next thing.

Persons: Sam Bankman, Bankman Organizations: Meta Locations: Israel, Gaza, FTX

☆ Web Summit appoints new CEO after predecessor quit over Israel-Hamas comments
▼ + stars: | 2023-10-30 | by ( ) www.reuters.com time to read: +1 min

DUBLIN, Oct 30 (Reuters) - Web Summit has appointed former Wikimedia Foundation CEO Katherine Maher as chief executive following the resignation of Paddy Cosgrave, whose comments on the Israel-Hamas conflict prompted some companies to withdraw from an upcoming conference. Cosgrave, who founded Web Summit, resigned as CEO earlier this month, saying his personal comments on the conflict had become a distraction from Web Summit 2023 in Lisbon, one of the world's largest tech conferences, which is due to start on Nov. 13. "In recent weeks Web Summit has been at the centre of the conversation, rather than the host. "Today Web Summit is entering its next phase." Maher led Wikimedia Foundation, the global nonprofit behind Wikipedia, for five years and is chair of messaging platform Signal Messenger, a Web Summit statement said.

Persons: Katherine Maher, Paddy Cosgrave, Cosgrave, Maher, Cosgrove, Conor Humphries, Louise Heavens, Kirsten Donovan Organizations: DUBLIN, Summit, Wikimedia, Wikimedia Foundation, Palestinian, Hamas, Thomson Locations: Israel, Lisbon, Gaza

☆ AI music doesn't have 'soul' and is not good enough to be a threat to artists yet, Jason Derulo says
▼ + stars: | 2023-10-25 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Jason Derulo says he doesn't see AI music as a threat to artists yet. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAdvertisementJason Derulo says he doesn't see AI music as a threat to artists amid growing tensions around the tech's potential impact on the music industry. Speaking at the Gitex tech conference in Dubai, Derulo said he didn't think the technology was up to scratch despite the hype. "Hopefully, the creativity of the product continues to grow with the technology as opposed to using technology as a crutch."

Persons: Jason Derulo, —, Derulo, Elon Musk's, Grimes, Drake Organizations: Service, Spotify, Bloomberg Locations: Dubai

Meanwhile, Meta has struggled with applying its content policies fairly across its platforms, including Facebook and Instagram, according to The Wall Street Journal. Experts say companies often find themselves out of their depth in talking about the knotty topic and that sometimes there’s little benefit to rushing out a statement. Some companies, especially those without operations in the Middle East, have chosen not to speak. In related news: How diplomats from the U.S., Qatar and elsewhere helped free two Americans taken hostage by Hamas. The two were far apart earlier this month on issues including streaming payouts and the use of artificial intelligence.

Persons: Dave Chappelle sparred, driller, Hess Organizations: U.S, Social, Israel, Meta, Facebook, Wall Street, ” Employers, Corporate, Web, Creative Artists Agency, Hamas, Exxon Mobil’s, Natural Resources, Republicans, SAG, . Tax, Big Tech Four, Microsoft, Apple, Nvidia, Nasdaq Locations: Israel, Gaza, U.S, Qatar, Ukraine, Chevron’s, Guyana, Texas, New Mexico

☆ Web Summit CEO resigns after apologizing for Israel-Hamas war comments
▼ + stars: | 2023-10-21 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +1 min

Paddy Cosgrave, the CEO and co-founder of annual tech conference Web Summit, has resigned from his post after coming under fire for his comments on the Israel-Hamas war, leading Big Tech guests like Alphabet , Meta and Amazon to cancel their attendance. "Unfortunately, my personal comments have become a distraction from the event, and our team, our sponsors, our startups and the people who attend," Cosgrave said in a statement on Saturday. This year's conference is scheduled for Nov. 13 to Nov. 16 and is set to take place in Lisbon, Portugal. The day after he posted on X, Cosgrave issued an apology on Web Summit's blog, saying he understood that the timing of his comments "caused profound hurt." "What is needed at this time is compassion, and I did not convey that," Cosgrave said in the apology.

Persons: Paddy Cosgrave, Cosgrave Organizations: Big Tech Locations: Israel, Gaza, Lisbon, Portugal

Company bosses have vowed never to hire members of a university's student groups that condemned Israel. The fallout from the Israel-Hamas war has spilled into workplaces everywhere, as top leaders of prominent companies weigh in with their views while workers complain their voices are not being heard. Starbucks filed a lawsuit to stop Starbucks Workers United from using its name and a similar logo. Workers United, the parent union of Starbucks Workers United, responded with its own lawsuit saying Starbucks defamed the union by implying it supports terrorism. Starbucks Workers United tweeted a longer message on Friday denouncing Israel’s “occupation” and “threats of genocide Palestinians face” while also condemning antisemitism and Islamophobia.

Persons: Israel, J.P Morgan Chase, Goldman Sachs, Albert Bourla, Pfizer, ” Bourla, Paddy Cosgrave, “, David Marcus, Cosgrave, Jonathan Neman, Winston, Strawn, Isra, Abuhasna, Israel’s, Angela Berg, Perelaks, Berg, Julie Sweet, David, Allison Grinberg, Funes, didn't, ”, Grinberg, Dee, Ann Durbin Organizations: Starbucks, Company, Hamas, U.S, Google, Pfizer, Summit, Siemens, Intel, Harvard, New York University, Student Bar Association, Islamic Relations, Palestinian, Starbucks Workers, . Workers United, Starbucks Workers United, Accenture, Associated Press, Liberty Mutual, Israel . Liberty Mutual Locations: Israel, Gaza, Chicago, Palestinian American, U.S, Palestine, Boston, Funes

NEW YORK (AP) — Paddy Cosgrave, the chief executive officer of a prominent European tech conference called Web Summit, resigned from his role on Saturday amid backlash for his public statements that suggested Israel was committing war crimes. A spokesperson for Web Summit, which organizes one of the world's largest tech conferences every year, said in an e-mailed statement sent to The Associated Press that it will appoint a new CEO, and the conference will go ahead next month in Lisbon as planned. Jewish groups have criticized tepid responses or slow reactions to the Oct. 7 Hamas rampage that killed 1,400 people in Israel and triggered the latest war. ”“War crimes are war crimes even when committed by allies, and should be called out for what they are,” he added. not commit war crimes.

Persons: — Paddy Cosgrave, Israel, Cosgrave, ” “, ”, Cosgrave’s, Anne Organizations: Web, Associated Press, Hamas, Intel, Meta, Google Locations: Lisbon, Irish, Israel, Gaza, Geneva

☆ Why corporate America can't stay silent on Hamas's October 7 attacks on Israel
▼ + stars: | 2023-10-20 | by ( Elliott Gotkine | ) edition.cnn.com time to read: +4 min

London CNN —From ESG investing (Blackrock), to gay rights (Disney), to Donald Trump after the Capitol riots (mainstream corporate America), companies routinely take a stand. But when the barbarous scale of Hamas’s October 7 attacks on Israel became clear, staying silent ceased to be an option. “Saying nothing speaks to cowardice,” said Jeffrey Sonnenfeld, a professor at the Yale School of Management who focuses on corporate leadership among other issues. All in, around 80 household-name companies in America have condemned the Hamas attacks, as tracked by Sonnenfeld who maintains a list. “Not taking a stand is taking a stand,” Susan, who served in the Israeli special forces, told CNN.

Persons: Donald Trump, Colin Kaepernick, Bud Light’s, ”, Jeffrey Sonnenfeld, “, Satya Nadella, ” Sundar Pichai, Sonnenfeld, , Paddy Cosgrove, Israel, Sundar Pichai, Israel Jose Luis Magana, Susan, ” Susan, ” Richard Griffiths, Citigate Dewe Rogerson, ” Griffiths Organizations: London CNN, Blackrock, America, Nike, Yale School of Management, Microsoft, Google, ” Disney, Tottenham Hotspur Football Club, Web, Eclipse, CNN, “, London Locations: Israel, America, United States, United Kingdom, Gaza, Ukraine, ”, Russia

☆ Sponsors are backing out of the tech conference Web Summit after backlash over the founder's comments on Israel
▼ + stars: | 2023-10-19 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +2 min

Major tech giants Intel and Siemens have pulled out as sponsors of the Web Summit conference. Siemens told Insider that it's not attending due to "recent developments surrounding Web Summit." AdvertisementAdvertisementIntel and Siemens are pulling out as sponsors of Web Summit after its CEO and cofounder, Paddy Cosgrave, criticized the West's support for Israel, the companies confirmed to Insider. The multinational companies told Insider they're withdrawing from the European tech conference, which is set to take place in Lisbon next month. "Following recent developments surrounding Web Summit, we have reviewed the situation and determined that Siemens will not to attend in 2023," German tech firm Siemens told Insider in a statement Thursday.

Persons: it's, —, Paddy Cosgrave, I'm, Cosgrave Organizations: Intel, Siemens, Web, Service, Israel Locations: Israel, Lisbon

☆ Baidu's newest AI model Ernie 4.0 fails to wow investors, but analysts maintain 'buy' ratings
▼ + stars: | 2023-10-18 | by ( Sheila Chiang | ) www.cnbc.com time to read: +1 min

ZHEJIANG, CHINA - MARCH 16 2023: A view of the logo of ERNIE Bot, an AI chatbot service developed by Chinese search engine Baidu, March 16, 2023. Analysts are bullish on Chinese tech giant Baidu's latest version of its generative artificial intelligence model, Ernie 4.0, but investors did not react positively to the development. "We came away positively following the announcement of several new products including the official debut of Ernie 4.0," said Citi analysts in a report, after Baidu announced a "significantly improved" version of Ernie 4.0 on Tuesday. The Chinese tech giant claimed Ernie 4.0′s capabilities are on par with those of ChatGPT maker OpenAI's GPT-4 model. "It has been significantly improved compared to the online version of Ernie bot and now it is not inferior to GPT-4," Li told an audience of analysts, investors and journalists.

Persons: ERNIE Bot, Ernie, Robin Li, Li, Jefferies, OpenAI's, Ernie bot Organizations: Baidu, Citi Locations: ZHEJIANG, CHINA

☆ Web Summit CEO apologises for comments on Israeli conflict
▼ + stars: | 2023-10-17 | by ( ) www.reuters.com time to read: +2 min

JERUSALEM, Oct 17 (Reuters) - Web Summit Chief Executive and founder Paddy Cosgrave on Tuesday apologised for comments he made on the Israeli-Hamas conflict that prompted some technology companies and investors to withdraw plans to attend its conference in Portugal next month. Web Summit, one of the world's largest tech conferences, will take place in Lisbon from Nov. 13-16, with attendees from companies such as Meta (META.O) and Microsoft (MSFT.O) to investors such as Atomico. "War crimes are war crimes even when committed by allies, and should be called out for what they are," wrote Cosgrave, who was born in Ireland. Among executives to have cancelled their participation at Web Summit are AI21 Labs' Ori Goshen; Tome's Keith Peiris; Sequoia Capital partner Ravi Gupta; Yinon Costica, co-founder of Israeli cybersecurity unicorn Wiz; and Y Combinator’s Garry Tan, according to LinkedIn and X posts. Philippe Botteri, CEO of tech investor Accel, said in a LinkedIn post on Monday he would no longer speak at Web Summit.

Persons: Paddy Cosgrave, Cosgrave, I’m, Leo Varadkar's, Israel, Cosgrove, Goshen, Tome's Keith Peiris, Ravi Gupta, Yinon Costica, Y, Garry Tan, Philippe Botteri, Portugal Dor Shapira, Steven Scheer, Supantha Mukherjee, Josephine Mason, Alison Williams, Mark Potter Organizations: Web, Microsoft, Palestinian, Hamas, Irish, AI21 Labs, Sequoia Capital, Thomson Locations: Portugal, Lisbon, Gaza, Israel, Ireland, Jerusalem, Stockholm, London

☆ CEO apologizes for Israel remarks after 4 days of backlash and conference dropouts
▼ + stars: | 2023-10-17 | by ( Hasan Chowdhury | Jyoti Mann | ) www.businessinsider.com time to read: +5 min

The founder of tech conference Web Summit apologized for "profound hurt" over his Israel remarks. AdvertisementAdvertisementThe founder of European tech conference Web Summit has apologized for the "profound hurt" caused by his comments criticizing the West's support for Israel, which triggered several high-profile withdrawals from the event. AdvertisementAdvertisementGil Dibner, general partner at Angular Ventures, said it was "a time that calls for moral clarity" after canceling his speaking engagement at Web Summit. Dropouts increased, and within 24 hours the number of Israel-based speakers at Web Summit dropped from at least five to zero, according to Insider analysis. Other speakers lined up for Web Summit include Meta's Nick Clegg, as well as comedian Amy Poehler and actor Joseph Gordon-Levitt.

Persons: Israel, Paddy Cosgrave, —, I'm, Garry Tan, Ravi Gupta, Cosgrave, State Anthony Blinken, Moshiel Biton, hadn't, Biton, Gil Dibner, Nick Clegg, Amy Poehler, Joseph Gordon, Levitt, Benjamin Netanyahu Organizations: Service, Israel, Sequoia Capital, State, Web, Angular Ventures, Web Summit, Hamas, West Bank Locations: Gaza, Hamas, Lisbon, Portugal, Israel

☆ How the tech sector in Israel is navigating the war
▼ + stars: | 2023-10-13 | by ( Hanna Ziady | ) edition.cnn.com time to read: +6 min

London CNN —Israel’s vast tech sector has seen its fair share of crises, from financial downturns and the Covid-19 pandemic to periodic flare-ups in the Israeli-Palestinian conflict. “This is different than anything we’ve faced before,” said Avi Hasson, the CEO of Start-Up Nation Central (SNC), a non-profit that promotes Israel’s tech industry globally. “Seasoned investors with experience backing Israeli startups are not backing away due to the war,” said Samid of TechAviv. For many in Israel’s tech industry, the devastating circumstances have only served to underscore the sector’s famed resilience. “Israeli [tech] hasn’t stopped,” Hasson noted.

Persons: we’ve, ”, Avi Hasson, wasn’t, Leah Walters, Monday.com, Rafael Henrique, Yaron Samid, Jensen Huang, Jon Medved, “, Hillel Fuld, it’s, hasn’t, ” Hasson Organizations: London CNN, Hamas, Nation Central, CNN, Tech, SNC, Nasdaq, Tel, Nvidia, Israel Innovation Authority, ” Tech, Microsoft, Google Locations: Israel, Tel Aviv, “, Israeli

☆ X has been slower to act on the misinformation that's swamped the platform after Elon Musk cut hundreds of trust and safety workers
▼ + stars: | 2023-10-11 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +5 min

False and misleading posts remain on the site, and many don't have Community Notes attached. It comes after Elon Musk cut its trust and safety team from around 230 to 20 full-time employees. "Neither fact-checkers nor Community Notes can keep up with this." "Only 8% had community notes, 26% had unpublished notes, and 66% had neither," he wrote. It added that Community Notes "appear within minutes" of content being shared and are a "critical tool" to help it combat misinformation.

Persons: Elon Musk, —, Shayan Sardarizadeh, Sardarizadeh, Ben Goggin, Insider's Kali Hays, Kali Hays, Linda Yaccarino, X, Linda, didn't Organizations: Service, Hamas, Hamas Terrorists, Twitter, Sunday, NBC News, Tech Locations: Israel, Gaza, paragliders, Egypt, Algeria

☆ X CEO Linda Yaccarino bails on a Wall Street Journal conference after her trainwreck Code interview
▼ + stars: | 2023-10-10 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +4 min

Linda Yaccarino has canceled a conference appearance after a trainwreck interview last month. The CEO of X, formerly Twitter, was mocked after seeming unprepared at Code Conference. AdvertisementAdvertisementLinda Yaccarino has pulled off the schedule of an upcoming conference following her disastrous interview at Vox's Code Conference last month. The CEO of X, formerly known as Twitter, will no longer be speaking at The Wall Street Journal's Tech Live conference next week. "Linda Yaccarino is now unable to attend the WSJ Tech conference next week," an X executive told Insider.

Persons: Linda Yaccarino, —, Linda, Yaccarino, Julia Boorstin, Elon Musk, Insider's Ben Bergman, Yoel Roth, Roth, Kara Swisher . Roth, Musk, Swisher Organizations: Twitter, Conference, Service, Vox's, Tech, WSJ Tech, Street Locations: Israel, Meta

The social media platform X, formerly known as Twitter, says it is struggling with a flood of posts sharing graphic media, violent speech and hateful conduct about the Israel-Hamas war. But it has received a broadside of criticism, including from a top European Union official, questioning the adequacy of the response. One former member of Twitter’s public policy team said the company is having a harder time taking action on posts that violate its policies because there aren’t enough people to do that work. “X believes that, while difficult, it’s in the public’s interest to understand what’s happening in real time,” its statement said. “With the global crisis unfolding, Linda and her team must remain fully focused on X platform safety,” X told the organizers of the WSJ Tech Live conference being held next week in Laguna Beach, California.

Persons: Elon Musk, ”, Thierry Breton, ” Breton, Musk, we’ve, Emerson Brooking, Brooking, Ukraine ”, “ Elon Musk, monetization, “ Musk, Theodora Skeadas, “, ” Linda Yaccarino, Linda, ” X, Ali Swenson Organizations: Twitter, European Union, “, Atlantic Council, Journalists, Pentagon, X, WSJ Tech, Associated Press Locations: Israel, San Francisco, Ukraine, Laguna Beach , California

☆ People are criticizing a major women-in-tech event, saying its jobs fair was dominated by pushy men
▼ + stars: | 2023-10-02 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +6 min

People are criticizing a women's tech conference after it was flooded by men. AdvertisementAdvertisementA tech conference celebrating women and non-binary people in computer science sparked a backlash after people said it was dominated by men. "Instead of feeling inspired and energized, I feel drained and overwhelmed," one woman named Nandini Agarwal wrote, saying she waited in line for hours to get in. "Chaos was the word of the day," wrote a woman named Preeti Ladwa. Another woman named Nivrithi Garimella said left one line "due to unchecked men displaying aggressive behavior, ganging up to trample women completely."

Persons: Grace Hopper, —, Gabby, Lily Li, It's, Li, Nandini Agarwal, I've, Preeti Ladwa, Nivrithi Garimella, AnitaB, Bo Young Lee Organizations: Service, US Navy, AnitaB Locations: Computing, Orlando

☆ Was Linda Yaccarino 'sandbagged?' What happened behind the scenes at the X CEO's disastrous coming out party.
▼ + stars: | 2023-09-28 | by ( Ben Bergman | ) www.businessinsider.com time to read: +10 min

X CEO Linda Yaccarino appeared rattled during her most high-profile appearance to date. Some criticized tech journalist Kara Swisher and Code for "sandbagging" Yaccarino. Months earlier, Boorstin had secured a coveted interview with Linda Yaccarino to make her first major public appearance after being named CEO of X, formerly Twitter. Later, Boorstin pressed Yaccarino on the Anti Defamation League's feud with Musk and accusations that X is encouraging antisemitism. AdvertisementAdvertisement"Everybody deserves to speak their opinion," Yaccarino said, before nervously glancing at her watch and saying she had to leave.

Persons: Linda Yaccarino, Yoel Roth, Kara Swisher, —, Julia Boorstin, Boorstin, Yaccarino, Yaccarino's, Elon Musk, Teslas, Roth, Swisher, Mary Barra, Linda, Yoel, X, Julia, Musk, Tesla Organizations: Service, CNBC's Senior Media, Tech, oceanside Ritz Carlton, Laguna Niguel, GM, Twitter Locations: Laguna, Detroit, LA, Meta, San Francisco, Laguna Beach, Los Angeles

☆ Insider Today: The fight for remote jobs
▼ + stars: | 2023-09-26 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

Remote workers are doing anything but work in the afternoons. Elena Noviello/Getty ImagesThere are few topics in corporate America as polarizing as remote work. AdvertisementAdvertisementLengthy, expensive office leases might also discourage companies from embracing remote work. As Aki's story points out, that type of rationale from larger companies has created an opportunity for those willing to support remote work. A company's commitment to remote work might not be forever, even if employees view it that way.

Persons: —, Taylor Swift, Travis Kelce, we've, I'm, Chelsea Jia Feng, Insider's Aki Ito, Aki, What's, Elena Noviello, Goldman Sachs, Leonardo Munoz, Rebecca Szkutak, Dominic, Madori Davis, Snyder, Mark Reinertson, Anthropic, Lindsey Nicholson, Jacob Boomsma, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, NFL, nab, TechCrunch, Thistle Technologies, Getty, Employees, Costco, Google, Netflix, Cintas Corp Locations: America, Amazon's, Sioux Falls , South Dakota, Jefferson City , Missouri, New York City, San Diego, London, New York

Cboe declined to say whether those relations happened while Tilly was CEO or prior to his tenure at the helm. His resignation is the latest in a string of high-profile exits by CEOs whose personal conduct ran afoul of company policy. "When he became CEO, he grew that business from a little options exchange to a global, fintech and exchange leader. Cboe has exclusive rights to list flagship contracts linked to the Standard & Poor’s 500 stock index through 2032. "The silver lining is it doesn't look like it is related to strategic or financial issue for the company," Lau said of the CEO resignation.

Persons: Edward Tilly, Piper Sandler, Brendan McDermid, Cboe, Fredric Tomczyk, Tilly, Andrew Bond, Bond, Owen Lau, Lau, Rosenblatt's Bond, Steve Sosnick, Sosnick, Tomczyk, " Lau, Jaiveer Singh, Laura Matthews, Saqib Iqbal Ahmed, Arun Koyyur, Michelle Price, Megan Davies, Bill Berkrot, Nick Zieminski Organizations: CBOE, Inc, Piper Sandler Global Exchange, FinTech Conference, REUTERS, Rosenblatt Securities, Oppenheimer & Co, THE, Interactive, U.S . Securities, Exchange Commission, Thomson Locations: New York City, U.S, Bengaluru, New York, Lincoln

☆ Stocks churn with the S&P 500 sitting at the same level it was two years ago
▼ + stars: | 2023-09-16 | by ( Michael Santoli | ) www.cnbc.com time to read: +8 min

The S & P 500 has held on to most of its first-half gains and has made a series of higher lows since mid-August. And while 2% is the central-banker ideal, equity markets historically are comfortable with inflation under 4% or so. The equal-weight S & P 500 is about where it was last Thanksgiving and small-cap indexes have been sideways and stuck for a year-and-a-half. Kolovos has been anticipating a "long and winding road to 4800" for the S & P 500, provided it doesn't crack support near 4300 before then. .SPX YTD mountain S & P 500 YTD Such a scenario would then certainly give rise to a vexing "Now what?"

Persons: –, Ron Adler, Morgan, Wall, It's, we've, Ned Davis, Worth, John Kolovos, Kolovos Organizations: Wall, PPI, ECB, Citi, Federal Reserve, Atlanta Fed, Ned Davis Research, Dow Jones Industrial, Nvidia Locations: China, Rosh, Yom Kippur

☆ I'm an American mother who raised my 3 children in France and China. Disciplining them was hard because of cultural norms, but my kids cherish their upbringing.
▼ + stars: | 2023-09-09 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +6 min

Sarah Bajc, 57, and her three children have lived all over the world as she moved often for work. Bajc said that raising children overseas was difficult, especially during rebellious teenage years. At the time, all of my children were in middle school or high school. Living overseas has given my children perspective on who they are and where they fit in the world. AdvertisementAdvertisementDisciplinary challenges can arise living abroadWhen raising kids overseas, one of the biggest problems is permissiveness.

Persons: Sarah Bajc, Bajc, cabanas, they're Organizations: Service, Deloitte, Microsoft Locations: Wall, Silicon, Michigan, France, China, Malaysia, Panama, Atlanta, Beijing, Asia, Vietnam, Thailand, Cambodia, Bali, Indonesia, United States

REUTERS/Evelyn Hockstein/File Photo Acquire Licensing RightsWASHINGTON, Sept 8 (Reuters) - The Federal Reserve's top regulatory official said on Friday the central bank is "a long way" from any decision on whether it would issue its own digital currency, and added it would not do so without official support in Washington. Fed Vice Chair for Supervision Michael Barr said while officials are investigating a central bank digital currency (CBDC), the Fed was far from any decision. "Of course, investigation and research are very different from decision-making about next steps in terms of payments system development, and we are a long way from that." Barr's comments echo those of Fed Chair Jerome Powell, who also has said the Fed would not move to issue a digital currency without explicit authorization from Congress. It is important to get the legislative and regulatory framework right before significant risks emerge," he said.

Persons: Michael Barr, Evelyn Hockstein, Barr, Jerome Powell, Pete Schroeder, Hugh Lawson, Andrea Ricci Organizations: Banking, Housing, Urban Affairs Committee, Capitol, REUTERS, Rights, Federal, U.S ., Thomson Locations: Washington , U.S, Washington, Philadelphia

☆ Morning Bid: Fed steals focus, stocks sell off
▼ + stars: | 2023-09-07 | by ( ) www.reuters.com time to read: +2 min

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, September 5, 2023. REUTERS/Staff/File Photo Acquire Licensing RightsA look at the day ahead in European and global markets from Kevin BucklandThe dominating theme in global financial markets is once again central bank policy, and equity investors in particular are worried. Even ultra-resilient Japanese stocks seem to have finally succumbed, with the Nikkei threatening to snap an eight-day winning streak. Traders have preferred to trust the data over protestations from ECB officials that the tightening cycle may not be over ahead of next week's policy meeting. German industrial production figures are due today, with the euro bloc's giant threatening to slip back into recession.

Persons: Kevin Buckland, haven't, It's, Xi Jinping, Vladimir Putin, Jacqueline Wong Organizations: REUTERS, Staff, Nikkei, Traders, Federal, Philly Fed, Philadelphia Fed, Thomson Locations: Frankfurt, Germany, China, Australia, India

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