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Analysts are expecting Nintendo to release a successor to its hit Switch console in its fiscal year 2025. The global video game market is set for sluggish annual growth this year amid weak sales of gaming consoles, according to a new report from market research firm Newzoo. In a blog post published Tuesday, Newzoo said the games industry is set to grow 2.1% year over year to an estimated $187.7 billion. That is slightly down from an earlier January forecast in which the firm said it expects the video game industry to grow 2.8% to $189.3 billion in 2024. Though it's a step up from last year's growth rate of 0.6%, the games industry isn't experiencing the same growth rates it saw in the heady days of the Covid-19 pandemic.
Persons: Newzoo, it's Organizations: Nintendo, U.S Locations: U.S, China
Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewAn engineering executive who has served as an Israeli soldier says in a new federal lawsuit that he was fired from his job at Intel in April for complaining about his boss' "horrific and troubling" pro-Hamas social media posts. A dozen of the X posts "liked" by the boss are included in the lawsuit filed in Manhattan Tuesday. AdvertisementThe plaintiff "nearly lost his entire family to a missile strike by Hamas" earlier this year, the lawsuit says. John Doe says he was fired in retaliation for speaking out against his boss.
Persons: , Alaa Badr, Badr, Gazans, Douglas Wigdor, Rather, John Doe, Wigdor Organizations: Service, Intel, Business, Court Southern District of New, Israeli Defense Force, Wigdor LLP, Court Southern District of, IDF, Israel Defense Force Locations: Manhattan, Seattle, Court Southern District of New York, New York City, Israel
Hunter Biden sought assistance from the U.S. government for a potentially lucrative energy project in Italy while his father was vice president, according to newly released records and interviews. The records, which the Biden administration had withheld for years, indicate that Hunter Biden wrote at least one letter to the U.S. ambassador to Italy in 2016 seeking assistance for the Ukrainian gas company Burisma, where he was a board member. Embassy officials appear to have been uneasy with the request from the son of the sitting vice president on behalf of a foreign company. “I want to be careful about promising too much,” wrote a Commerce Department official based in the U.S. Embassy in Rome who was tasked with responding.
Persons: Hunter Biden, Biden, Organizations: U.S, Embassy, Commerce Department Locations: Italy, U.S, Rome
Miller lives on about $1,800 a month in Social Security income, according to documents viewed by Business Insider. AdvertisementSince she began receiving Social Security several years ago, Miller has been doing her best to live on a fixed income. She said she can afford most of the healthcare she needs through Medicare, the federal health insurance that's typically attached to Social Security. Are you living on a fixed Social Security income? How have you made the decision to enroll in Social Security early or late?
Persons: Ann Miller, Lizzy Rocket —, Miller, She's, , she's, that's, hasn't, There's, Lizzy, I've Organizations: Service, Business, Social Security, Survey, SNAP, Medicare Locations: Ellensburg , Washington, Seattle
Pelvic floor issues are commonOverall, nearly a quarter of women in the United States develop pelvic floor issues, according to the National Institutes of Health. Regular physical activity is essential for overall health and can be safely maintained with proper modifications and attention to pelvic floor health. Why focus on pelvic floor healthGiven the prevalence and impact of these issues, maintaining pelvic floor health is vital to a good quality of life. But here’s the good news — pelvic floor health can be improved with the right care at the right time — sooner rather than later. And Kegels, which strengthen pelvic floor muscles, aren’t the only essential pelvic floor exercises.
Persons: Jamin, , you’ve, , something’s, I’m Organizations: Orlando Health, Florida Urological Society, CNN, National Institutes of Health Locations: Florida, United States
The CVS pharmacy logo is displayed on a sign above a CVS Health Corp. store in Las Vegas, Nevada on Feb. 7, 2024. CVS Health on Wednesday slashed its full-year profit outlook again and announced a new plan to cut $2 billion in expenses over several years as higher medical costs squeeze the company and the broader U.S. insurance industry. CVS also cut its unadjusted earnings guidance to a range of $4.95 to $5.20 per share, down from at least $5.64 per share. Those ratings help Medicare patients compare the quality of Medicare health and drug plans. Medicare Advantage, a privately run health insurance plan contracted by the federal Medicare program, has long been a driver of growth and profits for the insurance industry.
Persons: Brian Kane, Karen Lynch, Thomas Cowhey, Katerina Guerraz, Lynch, LSEG, CVS, Cowhey, Caremark Organizations: CVS Health Corp, CVS Health, Aetna, CVS, Affordable, Medicare, UnitedHealth, Humana, Elevance, LSEG Locations: Las Vegas , Nevada
The dissolved calcium carbonate then reacts with the CO2 in the water to form bicarbonate salts, locking the CO2 away. Adkins says that with a full-scale reactor, he aims to capture and store about half of a ship’s CO2 emissions. BAR Technologies/Cargill French company Airseas has developed the Seawing, which it says could help ships cut their carbon emissions by an average of 20%. A British company called Seabound, for example, makes a device that captures between 25% and 95% of a ship’s CO2 emissions. “We think that ships are actually going to be able to compete with underground CO2 storage,” he said.
Persons: it’s, Jess Adkins, , Adkins, ” Adkins, Calcarea, Melissa Gutierrez, Pierre Forin, geochemist Will Berelson, Will Berelson, Airseas, Maxime Horlaville, Norsepower, Daniel Sigman Organizations: CNN — International, International Maritime Organization —, UN, California Institute of Technology, Caltech, University of Southern, USC, British Port Association, Cargill, BAR Technologies, de Bordeaux, Michelin, Norsepower, Anemoi, Technologies, Geophysical Sciences, Princeton University Locations: University of Southern California, Port of Los Angeles, Norway, Nantong, Vancouver, British
U.S. Vice President and Democratic presidential candidate Kamala Harris holds a campaign rally with her newly chosen vice presidential running mate Minnesota Governor Tim Walz in Philadelphia, Pennsylvania, U.S., August 6, 2024. Tim Walz, her newly minted running mate, made their first public appearance together at a a rally in Philadelphia on Tuesday evening. The Harris campaign officially announced Walz as her running mate Tuesday morning, solidifying the Democratic ticket with just 91 days until the election. Democratic presidential candidate, U.S. Vice President Kamala Harris and Democratic vice presidential candidate Minnesota Gov. U.S. Vice President and Democratic presidential candidate Kamala Harris and her newly chosen vice presidential running mate Minnesota Governor Tim Walz react as they hold a campaign rally in Philadelphia, Pennsylvania, U.S., August 6, 2024.
Persons: Kamala Harris, Tim Walz, Elizabeth Frantz, Walz, Harris, Donald Trump, Ohio Sen, JD Vance, Vance, JD, Andrew Harnik, Josh Shapiro, Arizona Sen, Mark Kelly, Andy Beshear, Shapiro Organizations: Democratic, Minnesota, Minnesota Gov, Republican, Ohio, Yale, Silicon, Army National Guard, U.S, Gov, Girard College, Kentucky Gov, Harris Locations: Philadelphia , Pennsylvania, U.S, Philadelphia, Minnesota, Arizona, United States of America
The state’s GOP Senate candidate, Kari Lake, has long challenged her Democratic competitor, Rep. Ruben Gallego, to take the debate stage. Hobbs still did not agree to the Arizona Clean Elections proposal for a traditional debate, saying Lake would create a "spectacle." Hobbs then participated in a separate Q&A with Arizona PBS, which has no affiliation with Arizona Clean Elections. Given Hobbs’ Q&A was not affiliated with Arizona Clean Elections, the organization’s executive director says Lake’s frustration is misplaced. “Traditionally, for the last, I think, three Senate races, every Senate debate has happened at the Clean Elections debate,” Gallego said last week.
Persons: Donald Trump, Kamala Harris, Kari Lake, Ruben Gallego, Gallego, , Lake, , chuckles, ” Lake, Katie Hobbs, Hobbs, Thomas Collins, Collins, ” Gallego, proclivity, Harris Organizations: PHOENIX, Arizona Senate, GOP Senate, Democratic, Lake, NBC News, GOP, Arizona, Elections, Republican, Arizona Clean, Arizona PBS, Trump Locations: Arizona, Phoenix, Paradise Valley, , Gallego
This is the second significant heat wave Antarctica has endured in the last two years. That unprecedented heat wave was made worse by climate change, according to a 2023 study published in Geophysical Research Letters. Climate change contributed 3.6 degrees of warming to the heat wave and could worsen similar heat waves by 9 to 10.8 degrees Fahrenheit by 2100, the study found. Climate Change Institute, University of Maine Climate Change Institute, University of Maine Slide left to see temperatures observed during this heat wave and right to see what normal temperatures should be. But other research in the last few years has demonstrated that melting in East Antarctica, where this heat wave is happening, is becoming equally troubling.
Persons: David Mikolajczyk, Mikolajczyk, ” Thomas Bracegirdle, University of Maine Bracegirdle, ” Bracegirdle, it’s, Ted Scambos, Bracegirdle, Amy Butler, Butler, Organizations: CNN, East Antarctica –, Antarctic Meteorological Research, Data Center, University of Wisconsin - Madison, Antarctic, Reds, Institute, University of Maine, Research, University of Colorado, Northern Hemisphere, Southern, NOAA’s Chemical Sciences, Change Institute, East Antarctica, National Academy of Sciences, Locations: Antarctica, East Antarctica, Bismarck, North Dakota, University of Colorado Boulder, Northern, East, Scambos, West Antarctica
Read previewI've spent one day interacting with chatbots made with Meta's new AI Studio, and I already have six new boyfriends and four new girlfriends. Character AI also has its own share of AI boyfriends and girlfriends to talk to. When prompted to engage in NSFW content, the Meta AI bots I interacted with generally shut it down (often, politely). Meta's AI studio has a parody "MrBeast" chatbot and its popular characters include a "Gay Bestie" and "Relationship Coach." Unlike Meta's character AIs, creators can see the messages you send to their inbox, even if their automated AI responds.
Persons: , I've, chatbots, I'm, Meta, Paris Hilton, Snoop Dogg, Mark Zuckerberg, Sydney Bradley, Ash, Andreessen Horowitz, it's, OpenAI's, Eric, George Organizations: Service, Meta, Business, AIs, Sydney, Olin Business School, GPTs Locations: MrBeast, Minnesota, DMs
An Eli Lilly & Co. Zepbound injection pen arranged in the Brooklyn borough of New York, US, on Thursday, March 28, 2024. Eli Lilly 's weight loss drug Zepbound showed benefits in patients with a common type of heart failure and obesity, according to late-stage trial data the company released Thursday. Eli Lilly said it plans to submit the results from the phase three trial to regulators in the U.S. and other agencies starting later this year. Zepbound also significantly improved heart failure symptoms and physical limitations, Eli Lilly said in a release. Eli Lilly will present the data at an upcoming medical meeting and submit it to a peer-reviewed journal.
Persons: Eli Lilly, Zepbound Organizations: Centers for Disease Control, Novo Nordisk, Drug Administration Locations: Brooklyn, New York, U.S
Hamas Political Bureau Chairman Ismail Haniyeh attending an exclusive interview with Anadolu in Istanbul, Turkiye on April 20, 2024. Anadolu | Anadolu | Getty ImagesThe Middle East is on edge after a dramatic escalation that saw top Hamas leader Ismail Haniyeh killed in a strike in the Iranian capital of Tehran early Wednesday. Coming hours after the killing of Fuad Shukr in Beirut, the Middle East is on an absolute knife-edge now." Iran's leadership meanwhile has said that the alleged Israeli strike is grounds for "severe punishment" and that the country must "pay a heavy price." An all-out war between Israel and Iran — and Iran's proxies such as Hezbollah — would be devastating to all sides involved.
Persons: Ismail Haniyeh, Israel, Charles Lister, Fuad Shukr, Hezbollah's, Haniyeh, Hamas, Torbjorn, Sheikh Mohammed bin Abdulrahman Al Thani, Yahya Sinwar, Sinwar, Victor Tricaud, Tricaud, Antony Blinken, Will, Yoav Gallant, Iran's, Atta Kenare Organizations: Anadolu, Getty, Middle East Institute, Hezbollah, politburo, Verisk, Qatari, Foreign, CNBC, U.S . State Department, Israel, Israeli, Israel Defense Forces, AFP Locations: Istanbul, Turkiye, Tehran, Israel, Washington, Doha, Beirut, Golan, Iranian, Lebanese, Gaza, Iran, Qatar, Singapore, Palestine Square
With Harris at the top of the ticket, Democrats now see a chance to refocus voters on the issue and restore their margins among the abortion rights voters who had notably drifted away from Biden. In both the 2020 and 2022 campaigns, voters who backed legal abortion provided overwhelming support to Biden and other Democratic candidates. Across all of those battleground states, Biden this year was performing well below that level with voters who support legal abortion, polls have found. Those abortion rights voters also split about evenly on whether Biden or Trump was better for the economy. “Many of them aren’t single issue abortion voters; they are worried about the economy and inflation, they are worried about immigration,” McLaughlin said.
Persons: Kamala Harris, Joe Biden, wasn’t, Donald Trump’s, Harris, Biden, , Democratic pollster Anna Greenberg, “ It’s, Dobbs, Charles Franklin, Tony Evers, Katie Hobbs, Josh Shapiro, Gretchen Whitmer, Whitmer, Shapiro, Franklin, Trump, Roe, Wade, , Lake, Melissa Williams, ” Harris, Tresa Undem, ‘ what’s, , Greenberg, ” Greenberg, , John Della Volpe, Della Volpe, energize, Jason Cabel Roe, ” Trump, He’s, “ Donald Trump, Jim McLaughlin, McLaughlin, ” McLaughlin, Williams, JD Vance, ” Williams Organizations: CNN, Democratic, Edison Research, Democratic House, Democrats, Marquette Law School, SSRS, Quinnipiac University, Yahoo, Quinnipiac, Trump, Times, YouGov, Biden, Catholic, ” Voters, GOP, Harvard Kennedy School Institute of Politics, Republican Party, , Republicans, White House Locations: The Marquette, Pennsylvania , Wisconsin, Arizona, Georgia, Wisconsin, Pennsylvania, Michigan, London, Harris, Iowa, America, Trump
In initial data from late June and through July, about 8 in 10 Americans said each week that they’d read or heard at least something about Biden or Trump, respectively. But the focus had shifted away from his criminal conviction: first to his debate against Biden, and then to the assassination attempt against him. By contrast, two more standard campaign milestones – the Republican National Convention and Trump’s selection of a running mate – drew less public attention. The Breakthrough survey project will run throughout the 2024 campaign, tracking the things Americans say they read, hear and see about the candidates. Looking at the trend over time shows a sharp divergence between the conversations around Trump and Biden following the presidential debate.
Persons: Donald Trump, Joe Biden, Kamala Harris, SSRS, Trump, Trump –, , Harris, Biden, they’d, Robert F, Kennedy, Jr, Hillary, , CNN’s Dana Elobaid Organizations: CNN, Trump, Democratic, Georgetown University, University of Michigan, Biden, , Republican National Convention, Heritage Foundation, Republicans, s3mc.org, Biden’s
Newfound fossils of the extinct arthropod Odaraia alata recently provided scientists with a first glimpse of Odaraia’s jawlike structures, called mandibles. He conducted the research at the Royal Ontario Museum while pursuing a doctoral degree in the University of Toronto’s department of ecology and evolutionary biology. For the new investigation, the researchers examined around 150 fossils collected by Royal Ontario Museum during expeditions between 1975 and 2000. The carapace folded over Odaraia’s limbs, so it may have been unable to walk on the seafloor, according to the Royal Ontario Museum. More mandibulate mysteriesOne feature that puzzled and intrigued the scientists had never been seen before in Cambrian animals: a single toothlike structure between Odaraia’s mandibles.
Persons: Odaraia, Alejandro Izquierdo, López, , , Jean, Bernard Caron, Joanna Wolfe, ” Wolfe, Wolfe, ” Mindy Weisberger Organizations: CNN, Royal Ontario Museum, Royal Society, Biological Sciences, University of Toronto’s, Harvard University, , Scientific Locations: Burgess, British Columbia, Canada, centipedes
Among those same renters who can’t afford to buy a home right now, 54% think it’s unlikely they’ll ever be able to, the poll found. The CNN poll found that 90% of renters younger than 45 say they’d like to buy but can’t afford it, compared with 79% of those age 45 and above. Most adults (53%) younger than 45 who want to buy but can’t afford it believe it’s at least somewhat likely they’ll eventually be able to buy a home. Among renters who want to buy but can’t afford it, 40% say the biggest barrier is saving for a down payment, according to the CNN poll. Seventy percent of Americans call owning a home essential to achieving the American dream, the CNN poll found.
Persons: SSRS, Brent Bjornsen, ” Bjornsen, Hurricane Harvey, We’re, , Baby, ’ Jeremy Andersson, Millennials, ” Andersson, , Andersson, I’m, “ I’m, Zillow, they’ll, they’d, “ I’ve, “ It’s Organizations: New, New York CNN, CNN, Baby Boomers, Federal Reserve, National Association of Realtors, Covid Locations: New York, United States, America, Phoenix , Arizona, Houston, Atlanta , Georgia
The 3 Biggest Mistakes You Can Make With Your 401(k)
  + stars: | 2024-07-27 | by ( Diane Harris | ) www.nytimes.com   time to read: +1 min
In a surprising turn, given the usual grim reports about how little most Americans have saved for retirement, there’s been a spate of good news lately about 401(k) investors. Yes, the median shot up an impressive 29 percent in 2023, but the typical account was still worth just over $35,000 by year end, Vanguard reports. Other signs of stress: A record number of savers withdrew money early, and the percentage taking out loans rose too. All told, despite the surface optimism about retirement savings, six in 10 investors told BlackRock they still worry they’ll outlive their money. “The rising tide for retirement savers has not lifted all boats,” said Christine Benz, director of personal finance and retirement planning at Morningstar.
Persons: there’s, they’ll, , Christine Benz Organizations: Vanguard, BlackRock, Morningstar
A Thursday report from Zillow indicates that a typical starter home is now worth $1 million or more in 237 cities, up from 84 cities in 2019, underscoring America’s ongoing home affordability crisis. “We see the largest number of million-dollar starter homes in expensive coastal markets. To further complicate things for first-time buyers, the value of starter homes has grown at a faster pace than the average home. According to Zillow, starter home values have grown 54.1% over the past five years, while the average US home has increased by 49.1%. The nationwide average price tag for a starter home is $196,611, according to Zillow.
Persons: underscoring, ” Orphe, , It’s, homebuyer, Zillow, Jeffrey Jenkins, Divounguy, “ That’s, , Lawrence Yun Organizations: CNN, Gallup, National Association of Realtors, University of Southern Locations: Zillow, California , New York, New Jersey, University of Southern California, United States
What's more, her $23 in SNAP doesn't go very far at the grocery store — maybe it covers a few packages of frozen vegetables, a carton of milk, and some chicken. AdvertisementShe relies on her Social Security for income — an amount that comes out to $1,680 a month, according to documents viewed by BI. AdvertisementOn her limited income, Rita said she can feel lonely. Are you living paycheck to paycheck on Social Security? Have you chosen to take Social Security early or delay benefits?
Persons: , Rita hasn't, Rita, She's, it's, wouldn't, hadn't, she's Organizations: Service, SNAP, Business, Social, BI, Income, Northwestern Mutual, Social Security, Security Locations: Pekin , Illinois, Chicago, Pekin
As for sectors, financials has seen the highest average annual returns in presidential election years at about 11%. Comerica data shows health care gains just under 6% during presidential election years. The sector has also lagged the S & P 500 in two of the last three presidential election years. What's different this time The biggest difference between 2024 and other presidential election years is the S & P 500's massive year-to-date gains. Tech, for example, is up 25% in 2024, outperforming its historical averages for a presidential election year.
Persons: Donald Trump, Joe Biden, Biden, Kamala Harris —, Harris, John Lynch, Quincy Krosby, Consumer Staples, Comerica's Lynch, Lynch, Riley, Art Hogan, Hillary Clinton – Organizations: Democratic, Biden, Trump, CNBC, Comerica Wealth Management, Energy, Comerica, Technology, Tech, Health, Consumer, Riley Wealth Locations: Washington, Strategas
As much as half of a town at the heart of a jewel of Canada’s national park system has been destroyed by a pair of wildfires that roared in from two sides, an official said on Thursday. “We don’t know particularly which structures have been damaged and which ones have been destroyed, but that is going to be a significant rebuild,” Danielle Smith, the premier of Alberta, told a news conference. She struggled to avoid tears describing the beauty of Jasper National Park and the damage to the community that shares its name. Pierre Martel, the director of fire management for Parks Canada, the national parks agency, told a briefing on Thursday afternoon that the “aggressive and fast-moving fire” was still burning in the park. As the fires expanded on Monday evening, about 20,000 tourists and the 5,000 residents of Jasper were evacuated, mostly west to British Columbia.
Persons: , ” Danielle Smith, Pierre Martel, Organizations: Jasper National, Parks Canada Locations: Alberta, Jasper, British Columbia
After just under three months of living in Utah, she's already planning to move back. She settled on Salt Lake City, which in recent years has become a business and tech hub. She's already gearing up to move back to San Diego once her kid is older and she's more financially stable. She said the food was "infinitely better" in San Diego with much more variety, and San Diego had many more cultural and entertainment opportunities. She hopes to raise her salary to about $200,000, which she feels would be enough to live more comfortably in San Diego.
Persons: Kate M, she's, Kate, Utah Kate, San, I've, wouldn't, didn't, It's, She's, California Kate, Organizations: Service, Business, San Diego, LA Locations: San Diego, Utah, California, San, Salt Lake City, Arizona, Los Angeles, Diego, South Utah, She's
New York CNN —A toxic mix of surging rental rates and vanishing support for renters has catapulted evictions above pre-pandemic levels in some major cities. Evictions have increased most significantly in Sun Belt cities where housing affordability has worsened and where renters often have fewer protections. Other cities, including Minneapolis (+44%) and Columbus, Ohio (+37%), are also experiencing higher levels of evictions than before the pandemic. Three-quarters of the 34 cities tracked by the Eviction Lab had evictions increase between 2022 and 2023. The vast majority of evictions are for issues related to nonpayment of rent, according to the Eviction Lab.
Persons: , Chris Salviati, Kristolyn Lloyd, you’re, ” Lloyd, , Yuki Iwamura, , Lloyd, , ’ ” Lloyd, Diane Yentel, Brett Coomer, Jacob Haas, it’s, Haas, Heather Vargas, she’s, Vargas, ” Vargas Organizations: New, New York CNN, Princeton University ., Broadway, CNN, Bloomberg, Getty, Income Housing Coalition, Princeton’s, Houston, Harvest Time, Houston Chronicle, Investors Locations: New York, Sun Belt, Gainesville , Florida, Houston, Nashville, Fort Worth , Texas, Minneapolis, Columbus , Ohio, Columbus, Las, New York City, Covid, Manhattan, Queens, Texas, Florida, Atlanta, Las Vegas, Phoenix, Harris, South Carolina, Philadelphia, Wilmington , Delaware, Miami, Cleveland, San Diego, Citrus, Califonia,
Research shows taking a financial education class in high school does pay off. "Let's not leave financial education to TikTok," she said. Let's not leave financial education to TikTok. Yanely Espinal director of educational outreach at Next GenMany studies also show there is a strong connection between financial literacy and financial well-being. In addition, a study by the Brookings Institution in 2018 found that teenage financial literacy is positively correlated with asset accumulation and net worth by age 25.
Persons: dem Rosenberg, dem Rosenberg Bernhard Gademann, It's, Gademann, Tim Ranzetta, Yanely Espinal, Espinal, Let's, Yanely, Christiana Stoddard, Carly Urban Organizations: dem, Finance, Research, Tyton Partners, CNBC, Financial Wellness, National Endowment, Financial Education, Financial, Investor Education Foundation, Brookings Institution Locations: St . Gallen, Switzerland
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