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☆ Student-loan borrowers are entering a new 'Wild West' where any form of debt relief is much less certain
▼ + stars: | 2024-07-11 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +6 min

Read previewLegal challenges against student-debt relief efforts continue, making the fate of millions of borrowers all the more uncertain. When it comes to higher education, the ruling will impose more barriers on regulations that are particularly controversial, like efforts to forgive student debt. The Education Department is working on finalizing its second attempt at a broader debt relief plan, which it hopes to implement this fall. But striking down Chevron could pose even more barriers to debt relief and many higher education regulations borrowers rely on. After the Supreme Court's Chevron ruling, Sen. Bill Cassidy — top Republican on the Senate education committee — sent a letter to Education Sec.

Persons: —, Chevron, Jon Fansmith, Fansmith, Joe Biden, haven't, It's, Neal Hutchens, Sen, Bill Cassidy —, Miguel Cardona, Cassidy, Hutchens Organizations: Service, Business, American Council, Education, Higher, Education Department, Chevron, of Educational Policy, University of Kentucky, Republican, Sec Locations: Chevron

☆ IRS collected $1 billion in back taxes from millionaires in less than a year
▼ + stars: | 2024-07-11 | by ( Katie Lobosco | ) edition.cnn.com time to read: +3 min

Last fall, the IRS launched an initiative to collect from wealthy individuals who have not paid the taxes they owe. Prior to the Inflation Reduction Act, the IRS did not have the staffing or resources to pursue high-income earners that the agency knew owed taxes, IRS Commissioner Danny Werfel said on a call with reporters. Targeting wealthy tax cheatsThe IRS has launched a series of initiatives over the past two years to crack down on wealthy tax cheats. Some of the funding from the Inflation Reduction Act is being used to modernize taxpayer services. Battles over IRS fundingThe Inflation Reduction Act, which passed without any Republican votes, approved about $80 billion for the IRS over a 10-year period.

Persons: Biden, Danny Werfel, ” Werfel Organizations: Washington CNN, Internal Revenue Service, Democrat, Republicans, IRS

☆ South Korea to mass produce lasers that can take out drones at $1.50 a hit
▼ + stars: | 2024-07-11 | by ( Yoonjung Seo | Brad Lendon | ) edition.cnn.com time to read: +3 min

Seoul, South Korea CNN —South Korea is beginning the mass production of a low-cost laser weapon that has successfully shot down small drones during testing, the country’s key arms agency said Thursday. The release did not give a cost for the weapon, but said each shot fired would only cost about $1.50. In Ukraine, the Middle East and elsewhere, small drones - some available off the shelf - have shown the ability to disable or destroy multimillion-dollar pieces of military hardware, including tanks. The agency said South Korea is the first country to publicly acknowledge it will deploy a mass-produced laser weapon. In 2022, the US Navy successfully tested a high-energy laser system against a target representing a cruise missile.

Persons: DAPA, ” James Black, ” Organizations: South Korea CNN, Korea’s, Administration, RAND, Korea Institute for Defense, Hanwha Aerospace, US Navy Locations: Seoul, South Korea, Ukraine, RAND Europe, Britain

watch nowHousing inflation has remained stubbornly high even as inflation in the broad U.S. economy has cooled significantly from peak levels during the pandemic era. At a high level, "shelter" inflation is a measure of U.S. rental prices, said Jessica Lautz, deputy chief economist at the National Association of Realtors. Why CPI shelter inflation has fallen slowlyThe pullback in shelter inflation has been slower than expected, economists said. How the CPI reflects homeownershipThe shelter inflation index is meant to measure the average cost of housing in the U.S. economy, J.P. Morgan's Seydl said. "When it comes to the CPI, [shelter] does not mean the cost for homes for purchase," said the NAR's Lautz.

Persons: Joe Seydl, Jessica Lautz, Olivia Cross, We've, Jerome Powell, Selma Hepp, Morgan's Seydl, Powell, Seydl Organizations: Morgan Private Bank, Housing, National Association of Realtors, of Labor Statistics, Capital Economics, Finance, Federal, CoreLogic, BLS, Olivia Cross North, Capital, CPI Locations: North America, U.S, Olivia Cross North America

☆ UN says ‘high likelihood’ a Russian cruise missile hit Ukraine’s main children’s hospital
▼ + stars: | 2024-07-10 | by ( Helen Regan | Hira Humayun | ) edition.cnn.com time to read: +5 min

The UN’s monitoring mission said it was likely that a KH-101 cruise missile launched by Russia struck the children’s hospital. The UN mission’s assessment matches analysis from weapons experts who told CNN that footage of the hospital strike is consistent with a cruise missile rather than a Ukrainian air defense missile. Always.”On Tuesday, Russia’s UN Ambassador Vassily Nebenzia reiterated Moscow’s denial that it had targeted the children’s hospital. “We have not bombed the children’s hospital,” Nebenzia said at a special meeting of the UN Security Council (UNSC) convened following the attack. “If this had been a Russian strike, there would have been nothing left of the building at all.

Persons: CNN —, Danielle Bell, Bell, ” Bell, General Antonio Guterres, Volker Turk, Joe Biden, Biden, Valentyna, Volodymyr Zelensky, ”, Vassily Nebenzia, ” Nebenzia, Linda Thomas, Greenfield, Putin, SBU, Vasyl Maliuk Organizations: CNN, United, NATO, UN, UN Security Council, UNSC, Kyiv, Ukrainian State Security Service Locations: Russian, United Nations, Russia, Kyiv, Ukrainian, Ukraine, Kyiv’s, Washington, United States

☆ NASA still expects Boeing's Starliner to return astronauts from ISS, but notes SpaceX backup option
▼ + stars: | 2024-07-10 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +2 min

With NASA astronauts docked at the International Space Station far longer than planned, the agency's leadership on Wednesday acknowledged potential alternatives to Boeing's Starliner for returning the crew to Earth. Still, the Boeing's spacecraft remains the primary option for returning crew, officials said. Starliner has now been in space 36 days and counting as the agency and Boeing perform additional testing in New Mexico before clearing the spacecraft to return. The mission is the first time Starliner is carrying people, flying NASA astronauts Butch Wilmore and Suni Williams. "[But] there's really been no discussion with sending another Dragon to rescue the Starliner crew," Stich added later.

Persons: Butch Wilmore, Suni Williams, Neil A, Starliner, Steve Stich, Butch, Suni, Stich –, Stich, " Stich Organizations: NASA, Boeing, Armstrong Operations, Kennedy Space Center, Cape Canaveral Space Force, SpaceX Locations: Florida, New Mexico, Starliner

☆ As Climate Toll Grows, FEMA Imposes Limits on Building in Flood Plains
▼ + stars: | 2024-07-10 | by ( Christopher Flavelle | ) www.nytimes.com time to read: +1 min

The Federal Emergency Management Agency will take new steps to ensure that the structures it funds — including schools, hospitals, police stations, libraries, sewage treatment plants and bridges — are protected from flooding. The agency said Wednesday that projects constructed with FEMA money must be built in a way that prevents flood damage, whether by elevating them above the expected height of a flood or, if that’s not feasible, by building in a safer location. The rule also makes it clear that building decisions must reflect risks now and also in the future, as climate change makes flooding more frequent and severe. “We are going to be able to put a stop to the cycle of response and recovery, and rinse and repeat,” Deanne Criswell, the FEMA administrator, said during a call with reporters. The new rule will “enhance resilience in flood-prone communities, by taking future flood risk into consideration when we rebuild,” she said.

Persons: Deanne Criswell, ” Organizations: Federal Emergency Management Agency, FEMA

☆ Ad giant Omnicom lifts the lid on its new generative AI platform ArtBotAI, which it says improves ad performance by 40%
▼ + stars: | 2024-07-10 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +6 min

The execs leading ArtBotAI said it differs from other ad agency holding groups' AI offerings because it builds on the ArtBot content automation tool its Critical Mass agency originally launched in 2022. "It's not just a generative AI tool, it's an automation tool that has been operationalized with large accounts at scale." Related storiesArtBotAI's generative AI functionality is driven by Omnicom's large language models, which it has created through partnerships with companies including Microsoft, OpenAI, Google, Getty, Adobe, and Amazon. KAITLIN MOERMANOmnicom said clients using ArtBotAI have, on average, achieved 40% increases in ad engagements like clicks and video views since they began using the platform. Omnicom stated in its February financial filings that its use of generative AI presents risks like ethical considerations, a negative impact on the public perception of the company, and the need to comply with various regulations.

Persons: —, ArtBotAI, ArtBot, Paolo Yuvienco, It's, Artbot, Yuvienco, Valerie Vargas, Alissa Hansen, KAITLIN MOERMAN Omnicom, Omnicom, Hansen, Ingo Duckerschein, Duckerschein Organizations: Service, Business, Apple, Unilever, Pfizer, Volkswagen, Omni, Omni Assist, Microsoft, Google, Getty, Adobe, Advertising, United Talent Agency, Agency, WPP, Intuit, Taboola Locations: North America

☆ Federal Trade Commission to sue drug middlemen over prices of medications including insulin, source says
▼ + stars: | 2024-07-10 | by ( Annika Kim Constantino Mary Catherine Wellons | Annika Kim Constantino | Mary Catherine Wellons | ) www.cnbc.com time to read: +3 min

Joe Raedle | Getty ImagesAn Express Scripts spokesperson said the "prices of insulin and other medicines are set by their manufacturers, who have raised list prices repeatedly." They also create lists of medications — or formularies — that are covered by insurance and reimburse pharmacies for prescriptions. The investigation into insulin prices also examines drugmakers, but it is unclear whether they will be named in the upcoming lawsuits, Politico reported, citing people familiar with the matter. Eli Lilly , French drugmaker Sanofi and Danish pharmaceutical company Novo Nordisk control roughly 90% of the U.S. insulin market. Pharmacist Thomas Jensen looks over a prescription drug at the Rock Canyon Pharmacy in Provo, Utah, on May 9, 2019.

Persons: Lina Khan, Tom Williams, Joe Raedle, PBMs, Eli Lilly, Sanofi, Thomas Jensen, George Frey Organizations: Trade, Financial Services, General Government, CQ, Inc, Getty, Federal Trade Commission, CNBC, UnitedHealth, CVS, FTC, Politico, Novo Nordisk, Pharmacy Locations: Miami, U.S, Danish, Provo , Utah

Hong Kong CNN —A man was caught trying to smuggle more than 100 live snakes into mainland China by stuffing them into his pants, according to the country’s customs authority. Customs officers in the southern Chinese city of Shenzhen intercepted the man traveling through Futian Port, a checkpoint between Hong Kong and mainland China, the agency said in a statement on Tuesday. Shenzhen CustomsDuring an inspection, officers found six canvas drawstring bags sealed with tape in the pockets of his pants. “Officers opened the bags and found that each bag contained a number of live snakes in various shapes and colors,” the statement said. “After counting, a total of 104 snakes were found.”Five species of snakes were later identified – the milk snake, western hognose snake, corn snake, Texas rat snake and bullsnake – four of which are non-native to China.

Persons: ” Organizations: Hong Kong CNN, Shenzhen Customs Locations: Hong Kong, China, Shenzhen, Futian Port, Texas, Macau

☆ Locusts in your noodles? Singapore approves 16 insect species as food
▼ + stars: | 2024-07-10 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +1 min

From locusts to superworms to honey bees, Singapore has approved 16 species of insects for human consumption. "With immediate effect, SFA will allow the import of insects and insect products belonging to species that have been assessed to be of low regulatory concern," the Singapore Food Agency said in a statement. The agency said the following list of approved bugs can be imported for both human consumption and animal feed for food producing animals. Singapore's food agency acknowledged that the country's insect industry is "nascent" and that the critters are a new food item in the city-state. But in announcing a regulatory framework for edible insect imports, the SFA emphasized its priority was ensuring the safety of food consumed in Singapore.

Persons: mealworm, Fura, Insectyumz Organizations: SFA, Singapore Food Agency, House, Sustainability, Seafood Locations: Singapore

☆ NASA’s Boeing Starliner test flight astronauts discuss spacecraft problems
▼ + stars: | 2024-07-10 | by ( Jackie Wattles | ) edition.cnn.com time to read: +9 min

CNN —Boeing’s Starliner spacecraft and its crew have been in space for more than a month — much longer than the weeklong stay initially expected. But the two astronauts piloting this historic test mission mostly spoke favorably about the vehicle that carried them to the International Space Station, marking the inaugural crewed flight of the Boeing-built spacecraft. I mean, truly amazing,” Butch Wilmore, one of two NASA astronauts helming this mission, said in a Wednesday news briefing. The pump’s failure “put us in a position where we’d have to store an awful lot of urine,” said Dana Weigel, manager for NASA’s International Space Station Program, before the flight. SpaceX designed its cargo Dragon spacecraft years before its Crew Dragon capsule, while Boeing somewhat started from scratch with Starliner.

Persons: CNN —, there’s, Butch Wilmore, ” Wilmore, Wilmore, Hurricane Beryl, hasn’t, Williams, Steve Stich, “, ” Stich, Sunita Williams, Wilmore —, Wilmore’s, ” Williams, ”, Mark Nappi, ” Nappi, Dana Weigel, Weigel, “ I’m, Northrop Grumman, Bob Behnken, Doug Hurley, Behnken, Hurley, “ We’ve, Stich, Butch, Suni Organizations: CNN, International, Boeing, NASA, SpaceX, International Space Station, NASA’s, Space Station, Northrop Locations: New Mexico, Cape Canaveral , Florida, Williams

Joe Raedle | Getty ImagesAn Express Scripts spokesperson said "the prices of insulin and other medicines are set by their manufacturers, who have raised list prices repeatedly." The FTC's investigation into insulin prices also examines drugmakers, but it is unclear whether they will be named in the upcoming lawsuits, Politico reported, citing sources. Eli Lilly , French drugmaker Sanofi and Danish pharmaceutical company Novo Nordisk control roughly 90% of the U.S. insulin market. They also create lists of medications – or formularies – that are covered by insurance and reimburse pharmacies for prescriptions. Pharmacist Thomas Jensen looks over a prescription drug at the Rock Canyon Pharmacy in Provo, Utah, on May 9, 2019.

Persons: Lina Khan, Tom Williams, Joe Raedle, Eli Lilly, Sanofi, Thomas Jensen, George Frey Organizations: Trade, Financial Services, General Government, CQ, Inc, Getty, Federal Trade Commission, CNBC, UnitedHealth, CVS, Politico, Novo Nordisk, Pharmacy Locations: Miami , Florida, Danish, U.S, Provo , Utah

☆ Fifth Third bank hit must pay penalties for repossessing cars and forcing auto insurance on customers
▼ + stars: | 2024-07-09 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +2 min

The CFPB said it was imposing penalties on the bank for illegally charging customers for unnecessary auto insurance policies. “Fifth Third Bank demanded borrowers pay for coverage they did not need or else face delinquency, additional fees and repossessions,” the agency said in a statement. For its illegal auto insurance activities, the bank must pay $5 million in redress to affected customers, the CFPB said. In 2015, the bank was ordered to pay $18 million to harmed Black and Hispanic borrowers in what CFPB charged was discriminatory auto loan pricing. And it was ordered to pay $3 million to harmed consumers and a $500,000 penalty for illegal credit card practices.

Persons: ”, Rohit Chopra, CFPB, incentivize, ” CFPB, Susan Zaunbrecher Organizations: New, New York CNN — Fifth Third Bank, Consumer Financial, Bureau, Third Bank, Bank, Fifth Locations: New York, Cincinnati , Ohio, Midwest

☆ F.T.C. Says Middlemen Appear to Be Driving Up Drug Prices
▼ + stars: | 2024-07-09 | by ( Reed Abelson | Rebecca Robbins | ) www.nytimes.com time to read: 1 min

The Federal Trade Commission on Tuesday sharply criticized pharmacy benefit managers, saying in a scathing 71-page report that “these powerful middlemen may be profiting by inflating drug costs and squeezing Main Street pharmacies.”The regulator’s study signals a significant ramping up of its scrutiny of benefit managers under the agency’s chair, Lina Khan. It represents a remarkable turnabout for an agency that has long taken a hands-off approach to policing these companies. has so far stopped short of bringing a lawsuit or other enforcement action against a benefit manager. But the industry fears that the report could lead to a formal investigation into its practices or to a lawsuit accusing benefit managers of anticompetitive conduct. The agency’s findings could also fuel legislative efforts in Congress and in the states to impose limits on the industry.

Persons: Lina Khan Organizations: Federal Trade Commission

☆ Silkworm satay? Singapore approves insects as food
▼ + stars: | 2024-07-09 | by ( Heather Chen | ) edition.cnn.com time to read: +2 min

Singapore’s state food agency (SFA) has approved 16 species of edible insects for sale and consumption in the country, according to a July 8 public circular addressed to food traders. Insects approved by the SFA include locusts, grasshoppers, mealworms and several species of beetle. “Insects are an overlooked source of protein and a way to battle climate change,” according to a 2022 report by the World Economic Forum. Live insects are commonly sold in Singapore as food for pets like songbirds and reptiles, but they could be a new and exciting option for human diners. “As the insect industry is nascent and insects are a new food item here, SFA has developed an insect regulatory framework which puts in place guidelines for insects to be approved as food,” SFA said.

Persons: nasi lemak, ”, Grasshopper tacos Organizations: CNN, SFA, ” SFA, World Economic, Grasshopper Locations: Singapore, Mexico, Thailand, Cambodia

☆ Political Gridlock Will Raise the Economic Stakes in France
▼ + stars: | 2024-07-09 | by ( Liz Alderman | ) www.nytimes.com time to read: +1 min

One thing was clear after France’s surprise election results on Sunday: Any new government formed by President Emmanuel Macron would face months of political paralysis. What’s less certain is whether that gridlock will tip France’s heavily indebted economy further into distress. “Uncertainty hangs over France’s future government architecture,” said the agency, which had already downgraded France’s debt rating on May 31, rattling the government, whose economic credibility has been one of its main political assets. Should the polarization of France’s new Parliament weaken the government’s ability to mend its finances, France’s debt could be downgraded again, it added. The result left no party — including Mr. Macron’s centrist coalition — with a majority and has splintered the lower house of Parliament into three bitterly antagonistic blocs.

Persons: Emmanuel Macron, ” Organizations: Rally Locations: France

☆ Woman who received pig kidney transplant and heart pump dies
▼ + stars: | 2024-07-09 | by ( Maya Davis | ) edition.cnn.com time to read: +3 min

CNN —Lisa Pisano, the first person to receive a mechanical heart pump as well as a gene-edited pig kidney, died Sunday, according to NYU Langone Health, where she had the surgery. Her case was the first reported organ transplant in a person with a mechanical heart pump, NYU Langone said, the second known transplant of a gene-edited pig kidney into a living recipient and the first transplanted along with the animal’s thymus gland. Pisano was brave and altruistic, Dr. Robert Montgomery, director of the NYU Langone Transplant Institute, said in a statement Tuesday. Due to Pisano’s heart failure and end-stage kidney disease that required routine dialysis, she couldn’t have a standard transplant, NYU Langone said in a news release. The pig kidney she received was genetically altered to evade human antibodies, which typically detect and attack foreign organs.

Persons: CNN — Lisa Pisano, Pisano, NYU Langone, Robert Montgomery, ”, Montgomery, … Lisa, Dr, Sanjay Gupta, ” Montgomery, Pisano’s Organizations: CNN, NYU Langone Health, NYU, NYU Langone Transplant, Procurement, Transplantation Network, US Food and Drug Administration, CNN Health

☆ Popular app banned from hosting young teens in a groundbreaking settlement
▼ + stars: | 2024-07-09 | by ( Brian Fung | ) edition.cnn.com time to read: +7 min

The regulators wrote that the app billed itself as a “safe space” for teens but, in reality, preyed on them. The app, known as NGL, had been downloaded millions of times, according to the complaint. NGL deceptively hooked teens into subscribing to its premium service by sending them fake, anonymous messages and then promising to reveal the sender after they paid, said the complaint. Highlighting the groundbreaking nature of the NGL settlement, FTC Commissioner Andrew Ferguson described Tuesday’s action as a “novel” use of the agency’s legal powers. But, he argued, the public should not interpret the lawsuit to mean that it is illegal in general to market any anonymous messaging app to teens.

Persons: ”, Lina Khan, ” NGL, NGL, Joao Figueiredo, ” Figueiredo, “ I’ve, Figueiredo, Khan, Andrew Ferguson, ” Ferguson, Kristin Bride, Bride, Carson, Fairplay Organizations: Washington CNN, Federal Trade Commission, Los Angeles, Attorney’s, US, Court, Central, Central District of, FTC, Meta, Epic Games, Facebook Locations: Central District, Central District of California, New York, Arkansas, Florida , Louisiana

☆ What to do if an airline bumps you from an overbooked flight
▼ + stars: | 2024-07-08 | by ( Hannah Towey | Taylor Rains | ) www.businessinsider.com time to read: +7 min

In 2022, Delta Air Lines offered passengers $10,000 cash to take a different flight after overselling a flight from Michigan to Minnesota amid the summer's post-pandemic travel chaos. DOT rules entitle passengers to hundreds of dollars in compensation if they are involuntarily bumped from a flight, under certain terms and conditions. How to lower the odds of getting bumped from a flightThere's nothing you can do to guarantee you won't get bumped from an overbooked flight, as one traveler who said he was bumped off an American Airlines flight learned the hard way. According to the DOT's 2023 consumer air travel data, Allegiant Air, Delta Air Lines, and Hawaiian Airlines involuntarily bumped 0, 3, and 5 people, respectively, over the entire year. On the other end of the spectrum, American Airlines and Frontier Airlines involuntarily bumped over 10,000 passengers each in 2023.

Persons: —, Hurricane Beryl, Tayfun, doesn't, Constantine Johnny Organizations: Service, Transportation Security Administration, Business, Airlines, US Department of Transportation, Delta Air Lines, Anadolu Agency, Getty, Passengers, American Airlines, Hawaiian Airlines, American Airlines and Frontier Airlines Locations: Texas, Michigan, Minnesota

☆ The most common type of EV battery is a growing source of 'forever chemical' pollution, scientists say
▼ + stars: | 2024-07-08 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +5 min

Scientists have uncovered a new source of hazardous "forever chemical" pollution: the rechargeable lithium-ion batteries found in most electric vehicles. Some lithium-ion battery technologies use a class of PFAS chemicals, or per-and polyfluoroalkyl substances, that helps make batteries less flammable and conduct electricity. Scientists tested more than a dozen lithium-ion batteries used in EVs and consumer electronics like laptops, and found bis-FASIs at various concentrations. They can also leach into the environment from landfills, where the majority of lithium-ion batteries end up. AdvertisementThe study said only about 5% of lithium-ion batteries are recycled, and by 2040, there could be some 8 million tons of lithium-ion battery waste.

Persons: They've, Jennifer Guelfo, PFAS, Lee Ferguson, Guelfo, PFOA, hasn't, Corteva Organizations: Service, Nature Communications, Business, Texas Tech University, Duke University, Environmental Protection Agency, Solvay, Chemours, DuPont Locations: US, Belgium, France, Minnesota , Kentucky, Antwerp, Salindres

On June 19, Tropical Storm Alberto, which formed in the Gulf of Mexico, became the first named storm of the 2024 Atlantic hurricane season. “When it comes to hurricane and storm preparation, now is always the right time.”Protect your documents and valuables. Most homeowners’ policies do not cover flood damage, and flood insurance policies generally take 30 days to become effective. Move pantry items and a supply of bottled water to high, secure shelves, so they will be safer from floodwaters. Board up your windows to prevent leaks and broken glass, and, where necessary, secure doors with storm shutters.

Persons: Alberto, Deanna Frazier, Hurricane Harvey, ”, Alberto Moscoso, Kit, Mr, Acree, Dorian, Ramon Espinosa, Johnny Diaz Organizations: Tropical, Atmospheric Administration, New York Times, Federal Emergency Management Agency, Florida Division, Emergency Management, Social, Drug Administration, Disease Control Locations: Gulf of Mexico, Pacific, Wirecutter, Texas, Boquerón

☆ Beryl Live Updates: Over a Million in Texas Under a Hurricane Warning
▼ + stars: | 2024-07-07 | by ( Kate Selig | ) www.nytimes.com time to read: +9 min

On June 19, Tropical Storm Alberto, which formed in the Gulf of Mexico, became the first named storm of the 2024 Atlantic hurricane season. If you live in a coastal area, it’s important to be familiar with community evacuation plans, evacuation zones and evacuation routes. “When it comes to hurricane and storm preparation, now is always the right time.”Protect your documents and valuables. Most homeowners’ policies do not cover flood damage, and flood insurance policies generally take 30 days to become effective. Move pantry items and a supply of bottled water to high, secure shelves, so they will be safer from floodwaters.

☆ Card skimmers are hard to spot and on the rise. Here's what you can do to protect yourself.
▼ + stars: | 2024-07-07 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +3 min

Read previewCredit card skimmers are on the rise nationwide and they're targeting the country's most financially vulnerable people. The FBI estimates that card skimming costs consumers and banks around $1 billion each year. Last year, Fair, Isaac and Company, a financial data analytics firm, found that debit card skimming grew by a whopping 96% compared to the previous year. Related storiesAuthorities nationwide say reports of card skimming and EBT fraud have increased over the past year. The New York Office of Temporary and Disability Assistance issued an EBT scam alert on July 2, warning of increases in card skimming and phishing.

Persons: —, Isaac, WJXT Organizations: Service, FBI, Isaac and Company, Business, Secret Service, Police, Washington State Department of Social and Health Services, Seattle Times, Authorities, New York Office, Assistance, NY Locations: Florida, Virginia , New York

☆ New images reveal tiny moon around asteroid as it flies by Earth
▼ + stars: | 2024-07-06 | by ( Ashley Strickland | ) edition.cnn.com time to read: +5 min

Spotting a tiny moonThe first space rock, asteroid 2011 UL21, passed by Earth on June 27 at a distance of 4.1 million miles (6.6 million kilometers), or 17 times the distance between Earth and the moon. The radar images showed the asteroid is roughly spherical and is one of a pair, called a binary system. NASA/JPL-CaltechThe Asteroid Terrestrial-impact Last Alert System, or ATLAS, at Sutherland Observing Station in South Africa first spotted the space rock on June 16. Astronomers sent radio waves to the space rock and captured a detailed image of asteroid 2024 MK. As the space rock passed by our planet and encountered Earth’s gravity, its orbit changed.

Persons: ”, Lance Benner, don’t, ” Benner Organizations: CNN, NASA, Jet Propulsion Laboratory, Space Network, Earth, Catalina Sky Survey, JPL, Caltech, Lucy, Asteroid, Astronomers Locations: Pasadena , California, Tucson , Arizona, Barstow , California, Sutherland, South Africa

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