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☆ Women say they were abused for years by Oregon family doctor
▼ + stars: | 2024-09-15 | by ( Meena Duerson | Meridith Edwards | ) edition.cnn.com time to read: +22 min

The family doctorIn the Oregon community where Nicole Snow grew up, Dr. David Farley was always there. Recounting the same anecdote he’d told Snow, he told Medley he’d once lost a young patient to cervical cancer and needed to do another exam to keep her safe. But again, women like Medley, Snow and Pratt describe feeling belittled or dismissed. After watching a documentary about the gymnasts abused by then-team doctor Larry Nassar, Medley, Pratt and Snow launched a civil suit against Farley. Their lawsuit has been amended multiple times to add women, girls, men and boys who say they too were abused by Farley.

Persons: Unfathomably, ”, Katie Medley, Nicole Snow, David Farley, of Jesus Christ, “, ” Snow, Snow, Farley, he’d, ‘ We’re, ‘, I’ve, Lisa Pratt, Medley he’d, Medley, Pratt, —, Dr, ’, ” Lisa Pratt, CNN Pratt, she’d, ’ ” Weeks, Jason Carruth, ” David Farley, KATU, Tony Christensen, ” Pratt, Christensen, “ Tony Christensen, ‘ It’s, ’ ”, Farley’s, John Wentworth, John Wentworth’s, belittled, Sarah Dumont, ” Wentworth, Wentworth, Dumont, groped, Ellen Rosenblum, Rosenblum, West Linn, Glade, Nielson, … they’ve, David Farley’s, they’ve, “ Dr, Larry Nassar, Stewart, Finaldi, Nassar, Tom D’Amore, They’re Organizations: Oregon CNN, CNN, of Jesus, Harvard, Linn Family Health, LDS Church, RAINN, ” CNN, Oregon Medical Board, OMB, West Linn Police Department, The, Catholic Church and Boy Scouts, LDS, ., West, Oregon Medical, Manly, D’Amore Locations: Wilsonville, Oregon, Willamette, Portland, Linn, LDS, Utah, Clackamas County, Idaho, Nephi , Utah, Japan, Salt Lake, Salt Lake City , Utah, West Linn, it’s

☆ SpaceX's Polaris Dawn crew returns to Earth victorious, making huge gains in Elon Musk's plans to send humans to Mars
▼ + stars: | 2024-09-15 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +7 min

Read previewSpaceX's Polaris Dawn crew successfully returned to Earth on Sunday, bringing Elon Musk one step closer to his dream of settling Mars. They donned new SpaceX spacesuits that had never been tested in orbit, opened their ship to the vacuum of space, and conducted the first-ever commercial spacewalk. On top of that, they exposed themselves to high levels of space radiation, much higher than what astronauts aboard the International Space Station undergo in the same time period. People traveling to Mars would be exposed to immense amounts of space radiation for months. So the Crew Dragon spacecraft flew through two donuts of intense radiation surrounding Earth, called the Van Allen belts.

Persons: —, Elon Musk, Jared Isaacman, Jude Children's, Mars, Isaacman, Scott Poteet, Anna Menon, Sarah Gillis, Gillis, Polaris Dawn, Van Allen, Mars Polaris Dawn, they'd, 🎶S Organizations: Service, Dawn, Elon, Apollo, Business, SpaceX, St, Jude Children's Research, Polaris, US Air Force, Communications, Mars Polaris Locations: Hawthorne , California, South Texas, Gulf of Mexico, Florida's, Mars

All legislation must also be passed by the Senate before it can be sent to President Joe Biden to be signed into law. It is unclear how many of the measures will make it that far given the limited number of days the Senate is in session for the rest of the year. But their success in the House could pave the way for even stronger regulatory moves in the next Congress, Singleton said. The Chinese companies, whose work includes cancer research and manufacturing for American drugmakers, say data privacy is not at risk and that the measure will limit competition. “We are disappointed that the U.S. legislative process is being used to pick winners and losers,” Shenzhen-based BGI Group said in a statement.

Persons: Joe Biden, Singleton, “ Organizations: Senate, Biotech, ”, WuXi AppTec, Hong Kong Lawmakers, Authorities, Hong, Foreign Ministry, U.S Locations: Beijing, ” Shenzhen, WuXi, Washington , New York, San Francisco, China, British, Hong Kong

“I’ve been battling this for over 20 years,” Belk, 68, said of his medical debt. The burden of medical debt has contributed to financial anxiety among voters and has become an issue in the 2024 presidential campaign. Guill, who has multiple sclerosis, lives in Aiden, North Carolina, a rural community just south of Greenville. She volunteers with a nonprofit called Down Home North Carolina to help her neighbors gain access to Medicaid. “We have a ton of people with medical debt in the state because our insurance plans didn’t cover our medical bills,” she said.

Persons: “ I’ve, ” Belk, KFF, ”, Berneta Haynes, Terry Belk's, Mike Belleme, “, it’s, don’t, Cynthia Fisher, they’ve, PatientRightsAdvocate.org, Darcy Guill, Darcy Guill Guill, Harold Miller Organizations: National Consumer Law Center, U.S, NBC, Atrium Health, Health, American, of Public Health, Nonprofit, Affordable, The Commonwealth Fund, Urban Institute, Center for Healthcare Locations: South Dakota, Mississippi, North Carolina, American, Charlotte, N.C, United States, U.S, Aiden , North Carolina, Greenville

☆ Why people are souring on one of the country's hottest housing markets
▼ + stars: | 2024-09-14 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +8 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementThe exodus is mainly being driven by higher housing costs, a higher cost of living, and souring attitudes toward the influx of people who moved to Florida in recent years. Property insurance costs in the state are rising at the fastest pace in 20 years, according to Capital Economics. According to Cindy, her home insurance costs around $8,000 a year. The cost of living has also risen, in part due to rising housing costs and more people living in the city.

Persons: —, who's, Cindy, isn't, Rafael Corrales, Corrales, Kevin, hadn't, it's, Bill McBride, McBride, That's, It's, Darryl Fairweather, Redfin, Fairweather Organizations: Service, Business, Tampa —, Capital Economics, Bureau of Labor Statistics, Washington DC, Florida Department of Law, Sunshine State Locations: Florida, Sunshine, Tampa, Orlando, Jacksonville, South Florida, Miami, St, Pete, Seattle, New York, Fort Lauderdale, Palm Beach, Petersburg, Clearwater, Florida's

☆ Why Trump’s trade hero turned against tariffs
▼ + stars: | 2024-09-14 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +15 min

Vice President Kamala Harris has lambasted Trump’s tariff plan as a tax, but President Joe Biden has maintained tariffs Trump put in place during his presidency. We used trade policy, or tariffs, as a form of reciprocity, where we said, OK, our tariffs are pretty high. So that’s what led to all these trade agreements, the General Agreement on Tariffs and Trade, GATT, which became the WTO (World Trade Organization), NAFTA (North American Free Trade Agreement) and other free trade agreements that we’ve reached. He began to entertain this idea of reciprocity, of trying to reduce foreign tariffs by offering cuts in our tariffs. How do those tariffs compare with the late 19th century tariffs?

Persons: CNN —, Donald Trump, Kamala Harris, Joe Biden, Biden, Read, Douglas Irwin, Irwin, William McKinley —, Trump, IRWIN, there’s, It’s, we’ve, William McKinley WOLF, William McKinley, McKinley, they’ve, Bush, H.C ., William Jennings Bryan, that’s, they’re, it’s, Britain WOLF Organizations: CNN, Republicans, Democrats, Trump, Dartmouth College, Commerce, US Trade, Trade, WTO, World Trade Organization, American Free Trade, of Congress, University, Virginia’s, Federal, WOLF, Peterson Institute for International, Republican Party Locations: China, Ohio, Pennsylvania, Homestead , Pennsylvania, H.C, Buffalo, trillions, United States, it’s China, Britain, Japan

☆ SpaceX Polaris Dawn spacewalk: Why it was a historic milestone
▼ + stars: | 2024-09-14 | by ( Jackie Wattles | ) edition.cnn.com time to read: +6 min

CNN —SpaceX’s Polaris Dawn crew is beginning its fifth day in orbit, having marked a few record-setting milestones on a historic journey — including the world’s first commercial spacewalk. Polaris Dawn crew member and SpaceX engineer Sarah Gillis emerges from the SpaceX Crew Dragon capsule during the first commercial spacewalk on Thursday. The Polaris Dawn mission's Crew Dragon capsule is seen Wednesday 870 miles (1,400 kilometers) above Earth — the farthest humans have traveled since the Apollo program over 50 years ago. The riskiest part of the journey may be over, but the Polaris Dawn crew still has a key milestone ahead: coming home. Polaris Dawn mission commander and Shift4 Payments CEO Jared Isaacman is seen anchored to a ladder dubbed the "skywalker" by SpaceX during his spacewalk.

Persons: CNN —, Elon, Jared Isaacman, Scott “ Kidd ” Poteet, Anna Menon, Sarah Gillis —, Gillis, —, Sarah Gillis, Isaacman, Bill Nelson, “, ” Nelson, Van Allen, mission's, Menon, NASA’s, Isaacman — Organizations: CNN, Polaris, NASA, Hubble, Telescope, Space, SpaceX, Elon Musk’s, Shift4, US Air Force, Polaris Program, International Space, Polaris Dawn Locations: United States, U.S, Florida, West, of Florida

The overall strategy and schedule are still being finalized for the Obamas, the people familiar with their plans said, and they will take their direction from the Harris campaign about what’s needed on the campaign trail. During Michelle Obama’s speech at the DNC in Chicago, she implored Democrats to not just support Harris this November but “do something” to help her win. The Obamas and Clintons would have had some role in the home stretch of the Biden campaign had it continued. One person close to the planning said now they can help with different constituencies Harris needs to win over in November. First lady Jill Biden has also pledged to campaign for Harris in the fall, with a possible focus on education.

Persons: WASHINGTON —, Barack Obama, Bill Clinton, Michelle Obama, Hillary Clinton, Kamala Harris ’, Harris, ”, Eric Schultz, Obama, IWillVote.com, Schultz, it’s Harris, Joe Biden, Michelle Obama’s, Harris ’, Biden, He’s, Clinton, Donald Trump, Jill Biden, Josh Shapiro, California’s Gavin Newsom, Cory Booker, Laphonza Butler Organizations: WASHINGTON, Democratic, Convention, persuadable, DNC, Biden Locations: Los Angeles, Chicago, Georgia, Philadelphia, Sens, D

☆ During ‘China Week,’ House GOP revived surveillance program. Asian Americans are slamming it.
▼ + stars: | 2024-09-13 | by ( Kimmy Yam | Kimmy Yam Is A Reporter For Nbc Asian America. | ) www.nbcnews.com time to read: +5 min

Asian American groups are sounding the alarm after the House this week passed a bill seeking to revive the highly controversial, Trump-era surveillance program the China Initiative. “Originally a Trump-era initiative sold as a national security measure, the China Initiative instead turned out to be a witch hunt,” leaders from civil rights groups Asian Americans Advancing Justice | AAJC, Stop AAPI Hate, and the Asian American Scholar Forum said in a joint statement. The groups added that the initiative devastated families and impeded the United States’ ability to retain and attract academic talent. Asian American advocacy groups have long been warning of the security program’s “chilling” effects. He said that he “concluded that this initiative is not the right approach.”For more from NBC Asian America, sign up for our weekly newsletter.

Persons: Lance Gooden, ”, Mike Johnson, Jeff Sessions, Gang Chen, Chen, ” Chen, “, Anming Hu, University of Tennessee —, China Initiative —, ” Hu, Biden, Matthew Olsen Organizations: China Initiative, Lawmakers, Trump, Justice, American, Forum, NBC News, Chinese Communist Party, ”, MIT, U.S . Capitol, Nanotechnology, University of Tennessee, White, of Justice, George Mason University, National Security Division, DOJ, NBC Asian Locations: China, U.S, States, Texas, NBC Asian America

She, like 2,000 other state residents, is awaiting approval for aid through a community advocacy program. Resumed funding for LIHEAP is dependent on an appropriations bill used to fund the government. “We had calls during our latest heat wave, and our agencies just don’t have the LIHEAP funding,” Sarensen said. Unlike those so-called entitlements, LIHEAP funding can be depleted without helping everyone who qualifies. Neither Vice President Kamala Harris nor former President Donald Trump has mentioned direct utility or weatherization aid in their campaigns for the White House.

Persons: Cathy McCorkle, she’s, ”, “, won’t, Mark Wolfe, “ There’s, Wolfe, LIHEAP, Bridget Bennett, Brian Sarensen, Sarensen, ” Sarensen, That’s, “ It’s, Stephanie Ashley, We’ve, Ashley, “ We’ve, We’re, we’re, ” “, Kamala Harris, Donald Trump, Karen Lusson Organizations: U.S, Low Income, Energy Assistance, National Energy Assistance, Association, Center for Energy, Opera, Washington, Getty Images, Commerce Department, Law, SNAP, Washington , D.C, House Republicans, White, U.S . Treasury Department, National Consumer Law Locations: Mount Holly , North Carolina, San Diego, Death Valley, Calif, Washington, Phoenix, Oregon, North Carolina, Washington ,

Tech billionaire Elon Musk on Thursday called the Australian government “fascists” over plans to crack down on misinformation online. Social media companies could face fines up to 5% of their global revenue if they enable the spread of misinformation, under a law proposed Thursday by Australia’s Labor government. Musk, who considers himself a free speech advocate, made the one-word comment in a repost on his social media platform X of an article about the proposed legislation. “Elon Musk’s had more positions on free speech than the Kama Sutra,” Government Services Minister Bill Shorten told the Australian network Channel Nine on Friday. The case is one of several that are ongoing between X and the Australian regulator, eSafety.

Persons: Elon Musk, ”, Musk, “ Elon Musk’s, Stephen Jones, Elon, ” Jones, Michelle Rowland, X, Anthony Albanese Organizations: Tech, Social, Australia’s Labor, Government, Australian, Australian Broadcasting Corp, “, ”, Twitter Locations: Australia

In fact, the Biden administration recently imposed its own set of tariffs, while extending ones first levied during the Trump administration. Take the tariffs the Trump Administration imposed on washing machines in 2018. The washing machine tariffs were part of a broad new tariff regime Trump imposed in an effort to protect American workers from anti-competitive Chinese trade practices. It resulted in what is generally viewed as a “trade war” involving retaliatory tariffs imposed on American goods. The White House gave a rationale similar to the Trump administration when it announced its tariffs.

Persons: Kamala Harris, Donald Trump, Trump, ” Trump, ” Harris, Biden, Harris, —, There’s, ”, ” Biden, Douglas Irwin, ” Irwin, ” Sen, Sherrod Brown, Sen, Tom Cotton, Nick Iacovella, “, ” Iacovella, Davis Organizations: GOP, Democratic, Tax, Trump, Coalition for, Prosperous, White, American Enterprise Institute, Federal, “ Ohio steelworkers, “ Workers, Administration, U.S . Steel, Harvard University, University of California Locations: China, Prosperous America, U.S, Mexico, Ohio , New York, Ohio

“In Springfield they’re eating dogs,” the former president said, referring to an Ohio city dealing with an influx of Haitian immigrants. On Sept. 6, there were 1,100 posts on X mentioning Haitians, migrants or immigrants eating pets, cats, dogs and geese, according to PeakMetrics, a research company. The Springfield rumor “made it to his desk. Another source close to Trump’s campaign said Trump and Vance did not discuss the Springfield issue ahead of the debate. “I don’t know what he was thinking,” a different Trump ally said of his choice to bring up the Springfield rumor unprompted.

Persons: Donald Trump, —, Kamala Harris, Sen, JD Vance, Ohio, ” Tim Murtaugh, Trump, Harris, ”, ” Sen, Lindsey Graham, ” Graham, Elon Musk, Vance, ” Vance, “, MAGA, David Muir, ” Rep, Byron Donalds, Laura Loomer, ” Loomer, ” “, “ It’s Organizations: “, Trump, NBC News, White, CNN, Nazi, Facebook, Springfield, Springfield News, NBC, ABC News, ” Locations: Springfield, Ohio, Trump, South Carolina, Columbus, Gab, Springfield Ohio, Springfield , Ohio, Clark County , Ohio, NatCon, United States, Florida, America

☆ Sam Altman is on the charm offensive for AI
▼ + stars: | 2024-09-13 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +5 min

For the past year, OpenAI CEO Sam Altman has been trying to convince the world that he can be trusted to lead the people to the next frontier of artificial intelligence. In it, she speaks to key figures of the tech industry, including Microsoft cofounder Bill Gates, about the impacts of AI. AdvertisementThroughout the interview, Altman could be seen listening intently to Winfrey's simple but direct line of questioning. One of the points Winfrey pressed Altman on was that of public trust. Winfrey also asked Altman how he feels about being billed "the most powerful and perhaps most dangerous man on the planet."

Persons: Sam Altman, Oprah Winfrey, Altman, Bill Gates, Winfrey, Christopher, Marilynne Robinson, coy, it's, I'm, OpenAI Organizations: Service, Business, ABC, Microsoft, Bloomberg, Apple, Nvidia Locations: ChatGPT

☆ Right-wing influencers say they were dupes in an alleged Russian influence operation. They’re keeping their millions, for now
▼ + stars: | 2024-09-13 | by ( Jon Passantino | Sean Lyngaas | ) edition.cnn.com time to read: +6 min

The right-wing social media stars who were allegedly paid millions of dollars in a nefarious Russian influence operation to shape public opinion around the 2024 US presidential election are remaining mum. Tenet Media boasts a slate of high-profile right-wing, pro-Trump commentators including Tim Pool, Dave Rubin, Benny Johnson and several others. The influencers all say they are “victims,” and that the FBI has contacted them for voluntary interviews. The Tenet co-founder then wrote to the Russian state media staffers, stressing that the personality was “really insisting on seeing some materials (profile, article, whatever) on Eduard before (he) feels comfortable moving forward. Two Russian state media employees, Kostiantyn Kalashnikov and Elena Afanasyeva, were charged by the Justice Department with money laundering and violating the Foreign Agents Registration Act.

Persons: Tim Pool, Dave Rubin, Benny Johnson, Rubin, Johnson, Brandon Van Grack, Robert Mueller’s, Pool, —, “ We’ve, ”, Ben Shapiro, “, Tenet, Eduard Grigoriann, “ Grigoriann, Eduard, ” Rubin, Lauren Chen, Liam Donovan, Grigoriann, Chen, Donovan, Kostiantyn Kalashnikov, Elena Afanasyeva, Van Grack, CNN’s Hadas Gold Organizations: CNN, Justice Department, Tenet Media, Kremlin, Trump, RT, FBI, Pool, Tenet, Justice Locations: Tennessee, Russian, Russia, Brussels

☆ Don't expect 'immediate relief' from the Federal Reserve's first rate cut in years, economist says. Here's why
▼ + stars: | 2024-09-13 | by ( Jessica Dickler | ) www.cnbc.com time to read: +4 min

The federal funds rate, which the U.S. central bank sets, is the rate at which banks borrow and lend to one another overnight. Home loan rates have already started to fall, largely due to the prospect of a Fed-induced economic slowdown. Student loansFederal student loan rates are also fixed, so most borrowers won't be immediately affected by a rate cut. Eventually, borrowers with existing variable-rate private student loans may also be able to refinance into a less expensive fixed-rate loan, according to higher education expert Mark Kantrowitz. However, refinancing a federal loan into a private student loan will forgo the safety nets that come with federal loans, he said, "such as deferments, forbearances, income-driven repayment and loan forgiveness and discharge options."

Persons: that's, McBride, Jacob Channel, it's, Matt Schulz, Bankrate's McBride, Mark Kantrowitz Organizations: Treasury, Mortgage, Association, Auto, Consumers Locations: U.S

☆ Bill introduced to ensure Black & Hispanic communities are ready for AI
▼ + stars: | 2024-09-13 | by ( Emily Wilkins | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBill introduced to ensure Black & Hispanic communities are ready for AICNBC's Emily Wilkins reports on what to consider for the future of AI.

Persons: Bill, Emily Wilkins

☆ Same-sex marriage was on a roll in Asia. Not anymore
▼ + stars: | 2024-09-13 | by ( Chris Lau | ) edition.cnn.com time to read: +11 min

The winning formulaMore than 30 jurisdictions worldwide now recognize same-sex marriage, according to the Pew Research Center. Since the first same-sex marriage law was passed in the Netherlands in 2001, progress has been made mostly in Europe, the Americas and Australasia. Gay couples cut a wedding cake in Amsterdam on April 1, 2001 after the first same-sex marriage law was passed in the Netherlands. But on the national level, Japan does not recognize same-sex marriage and local courts have returned conflicting verdicts on the issue. Up to 68% of Japan’s adults support same-sex marriage, the highest share in Asia, according to the Pew Research Center.

Persons: Pokpong Jitjaiyai, ”, Pokpong, Watit Benjamonkolchai, Suen, Nadia Rahman, Marcel Antonisse, Kangwan Fongkaew, ” Kangwan, Jennifer Lu, ” Lu, Taiwan’s, Tsai Ing, Sanjit, Chanakarn Laosarakham, Carl Court, Asia’s, Anish Gawande, Narendra Modi, Gawande, Kazuhiro Nogi, –, Hiroshima’s, Scuffles, Andrew Kim, Roslan Rahman, Shawna Tang, Hong Kong’s, Peter Newman, ” Suen, CNN’s Samra, Yoonjung Seo, Aishwarya Iyer Organizations: Hong Kong CNN, Thailand’s Senate, CNN, Chinese University of Hong, Pew Research, Amnesty, Racial Justice, Refugees, Migrants, Getty, Burapha University, Presidential, List, Court, Japan, Seoul Queer Culture, Christian, Korea University’s College of International Studies, University of Sydney, Appeal, University of Toronto’s, Inwentash, Social Locations: Hong Kong, Bangkok’s, Siam, Thailand’s, Bangkok, Thailand, Southeast Asia, Taiwan, Nepal, Asia, Chinese University of Hong Kong, Netherlands, Europe, Americas, Australasia, Myanmar, Malaysia, Sri Lanka, Brunei, Bangladesh, Indonesia’s ultraconservative, Aceh, United Kingdom, Amsterdam, China, Kathmandu, AFP, Taiwan's, Taipei, India, List India, India’s, Delhi, Tokyo, Japan, South Korea, Daegu, Seoul, Korea, Singapore, aren’t, –, Beijing, Indonesia

☆ 6 Wall Street experts share why investors could be overestimating how much the Fed will cut rates after August's inflation report
▼ + stars: | 2024-09-13 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

The print is causing concern that inflation may not be going away, which would mean higher interest rates than markets expect going forward. Skyler Weinand, chief investment officer, Regan CapitalWeinand says the market's current outlook on rate cuts will only take place if the economy deteriorates significantly. If inflation does slow that much, the Fed would likely cut rates faster than just a quarter percent per meeting over the next 3-6 months," Adams said in an email. "However, the stickiness of service price inflation and shelter inflation suggests the Fed will cut rates slower than financial markets currently price in." This would be a disappointment to short-term bond markets that have priced over 250 bps of rate cuts by the end of 2025."

Persons: Brian Rose, UBS Global Wealth Management Rose, Rose, Skyler Weinand, Regan Capital Weinand, Bill Adams, Adams, Peter Perkins, MRB Partners Perkins, Josh Jamner, ClearBridge Investments Jamner, Chris Zaccarelli, Zaccarelli Organizations: Service, CPI, Business, UBS Global Wealth Management, UBS Global Wealth, Fed, Comerica Bank, MRB Partners, Investment, ClearBridge Investments, Independent, bps

☆ Sam Altman tells Oprah he talks about AI with someone in government every few days
▼ + stars: | 2024-09-13 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +1 min

Sam Altman said he talks to someone in the government every few days. The OpenAI CEO sat down with Oprah Winfrey to discuss the future of artificial intelligence. Altman cited the need for a good working relationship between AI companies and the US government. AdvertisementOpenAI CEO Sam Altman said he regularly communicates and works with the US government. The billionaire discussed his working relationship with Washington, DC, in a primetime interview with Oprah Winfrey on Thursday.

Persons: Sam Altman, Oprah Winfrey, Altman, —, Winfrey, Bill Gates, Christopher Wray Organizations: Service, ABC, Microsoft, Business Locations: Washington, DC

☆ U.S. lawmakers introduce bill to put regulations on sports betting operators
▼ + stars: | 2024-09-13 | by ( Jessica Golden | ) www.cnbc.com time to read: +6 min

Six years later, sports betting has exploded across the United States, as 38 states have legalized it. The bill addresses three key areas tied to sports betting: advertising, affordability and artificial intelligence. It would mandate gambling operators ensure customers who wager more than $1,000 can afford to do so. "The gambling industry is following a playbook developed by the tobacco industry and this is a direct threat to public health," said Richard Daynard, a law professor and president of the Public Health Advocacy Group at Northwestern. The sports betting operators, meanwhile, are fighting back and saying the industry has brought benefits.

Persons: Sen, Richard Blumenthal, Paul Tonko, Conn, Tonko, It's, Gordon Douglas, he's, Andrew Douglas, Douglas, Blumenthal, Richard Daynard, Chris Cylke, Clyke, Dina Titus, — CNBC's Contessa Brewer Organizations: U.S, Capitol, Sports, American Gaming Association, National Institutes of Health, National Council, Public Health, Northwestern, American Gaming Association's Locations: Washington ,, United States, U.S

While FICO has deprioritized medical debt in credit score calculations, VantageScore removed medical debt from its calculations. The CFPB announced rulemaking to address the reporting of medical bills on credit reports that would require the credit bureaus to stop reporting medical bills entirely. How medical bills can affect your creditIn the past, credit bureaus would report medical debt the same as any other overdue bills, and could cause your credit score to drop. Protecting your credit from medical billsWhile unpaid medical debt doesn't have the same impact on your credit score as an unpaid credit card bill, it can impact your credit nonetheless. Consider medical credit cards or loansInstead of a traditional credit card, consider a medical credit card or loan.

Persons: FICO, rulemaking, doesn't, —, Experian, VantageScore, Biden, Tiffany Cross, Rick Eicheldinger, You'll, Cross Organizations: Consumer Financial Protection Bureau, CFPB Locations: United States, U.S

☆ Elon Musk now travels with up to 20 bodyguards who refer to him by the code name 'Voyager,' report says
▼ + stars: | 2024-09-13 | by ( Jaures Yip | ) www.businessinsider.com time to read: +4 min

Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. That's the code name that Elon Musk's security team uses to refers to him, The New York Times reported as part of an investigation into the Tesla CEO's protective services. This story is available exclusively to Business Insider subscribers. AdvertisementIn 2022, Business Insider revealed that Musk secretly bought a house after his former address became public knowledge. Related storiesA Tesla SEC filing revealed that Musk's security company billed the company $2.4 million in 2023 and another $500,000 through February 2024, representing just a portion of Musk's total security expenses.

Persons: —, Musk, He's, Errol, Mark Zuckerberg's, Tim, Tesla, Zachary Kirkhorn Organizations: Service, NASA, Elon, New York Times, Business, Times, SEC, Errol's, Apple, Tesla's Locations: bitcoin, Nevada, Texas

☆ Elon Musk calls Australian government 'fascists' over misinformation law
▼ + stars: | 2024-09-13 | by ( Peter Guo | ) www.cnbc.com time to read: +3 min

Tech billionaire Elon Musk on Thursday called the Australian government "fascists" over plans to crack down on misinformation online. "Elon Musk's had more positions on free speech than the Kama Sutra," Government Services Minister Bill Shorten told the Australian network Channel Nine on Friday. "I mean, is this what he thinks free speech is all about?" At the time, Australian Prime Minister Anthony Albanese called Musk an "arrogant billionaire who thinks he is above the law." The Australian regulator later dropped its legal effort after a federal court refused to extend a temporary order to block the graphic content.

Persons: Elon Musk, Musk, Elon Musk's, Stephen Jones, Elon, Jones, Michelle Rowland, X, Anthony Albanese Organizations: Tech, Social, Australia's Labor, Government, Australian, Australian Broadcasting Corp, Twitter Locations: Australia

☆ Strong case for 50 basis point Fed rate cut, says former NY Fed chief Dudley
▼ + stars: | 2024-09-13 | by ( ) www.cnbc.com time to read: +1 min

Former New York Federal Reserve President Bill Dudley said there was a strong case for a 50 basis point interest rate cut in the United States. Former New York Federal Reserve President Bill Dudley said there was a strong case for a 50 basis point interest rate cut in the United States. "I think there's a strong case for 50, whether they're going to do it or not," he said at the Bretton Woods Committee's annual Future of Finance Forum in Singapore. He said rates were currently 150-200 basis points above the so-called neutral rate for the U.S. economy, where policy is neither restrictive nor accommodative. Dudley had previously called for the Fed to begin cutting in July.

Persons: Bill Dudley, Dudley Organizations: New York Federal, Former New York Federal, Bretton Woods, of Finance Forum, Fed Locations: United States, Singapore, U.S, Asia

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