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☆ Americans are feeling gloomier about the economy
▼ + stars: | 2023-09-15 | by ( Bryan Mena | ) edition.cnn.com time to read: +1 min

Washington, DC CNN —Americans aren’t feeling gloomy about higher gas prices just yet, but they’re still on edge about inflation and the economy’s direction — and concerns are starting to surface about the possibility of a government shutdown. Consumer sentiment tracked by the University of Michigan edged down in September from the prior month by 1.8 points, according to a preliminary reading released Friday. “Both short-run and long-run expectations for economic conditions improved modestly this month, though on net consumers remain relatively tentative about the trajectory of the economy,” said the University of Michigan’s Surveys of Consumers Director Joanne Hsu in a release. Sentiment fell to its lowest level on record last summer when gas prices topped $5 a gallon and inflation reached a four-decade high. Consumers’ expectation of inflation rates in the year ahead fell to a 3.1% rate in September, down from 3.5% in the prior month.

Persons: they’re, ”, Joanne Hsu Organizations: DC CNN, University of Michigan, University of Michigan’s, AAA Locations: Washington

☆ The Stock Market Hopes for a Hit From the Year’s Biggest Initial Public Offering
▼ + stars: | 2023-09-14 | by ( Erin Griffith | More About Erin Griffith | ) www.nytimes.com time to read: +1 min

When shares of Arm, the British chip designer, begin trading on the Nasdaq stock exchange on Thursday in the year’s biggest initial public offering, investors, tech executives, bankers and start-up founders will be watching closely for how it performs. If Arm’s stock falls, they will know that the market for I.P.O.s is likely to stay frozen for longer. But a warm welcome for the shares could entice many more companies to go public in the coming months, ending the cold streak. Arm is the largest company to brave the public markets in 2023, a year that has been almost deathly quiet for I.P.O.s. The chip designer, which is owned by SoftBank, priced its offering on Wednesday at $51 a share, raising $4.87 billion and valuing the company at $54.5 billion.

Persons: ”, David Hsu Organizations: Nasdaq, Wharton School, University of Pennsylvania, SoftBank Locations: British

Dudamel was hired in February to become the Philharmonic's music director for the 2026-27 season. As part of the gift, the music director will become The Oscar L. Tang and H.M. Agnes Hsu-Tang Music and Artistic Director Chair starting with the 2025-26 season, when Dudamel becomes music director designate. The 42-year-old Dudamel has been music director of the Los Angeles Philharmonic since 2009, a tenure that will end after 17 seasons when he starts in New York. He quit as music director of the Paris Opéra in May, two seasons into a six-year contract scheduled to run through the 2026-27 season. Oscar Tang, 85, has been part of the philharmonic board since 2013 and has been co-chairman with Peter W. May, since 2019.

Persons: Gustavo Dudamel, Oscar L, Tang, Agnes Hsu, Dudamel, L, H.M, Oscar Tang, Peter W Organizations: New York Philharmonic, Tang, Los Angeles Philharmonic, Paris, philharmonic, Reich Locations: New York

Representatives for the company declined to comment on its business. In the days after Mr. Buffett’s death, retail and marketing experts said his legacy would continue to lure his fans — known as Parrot Heads, along with their children, called parakeets — and others to his businesses. “It’s definitely a lifestyle associated with him and his personality and his music that he created,” said Barbara Kahn, a professor of marketing at the Wharton School at the University of Pennsylvania. But, she said, because his business is “bigger than just that, it could definitely live on.”Mr. Buffett’s original idea for Margaritaville was “to expand the opportunity for as many people to experience the lifestyle immortalized in his iconic song as possible,” according to the statement on the company’s website. The company had $2.2 billion in gross annual revenue last year.

Persons: Buffett’s, —, It’s, ”, Barbara Kahn, Mr, Margaritaville, Dolly Parton Organizations: Wharton School, University of Pennsylvania Locations: Belize, Pigeon Forge, Tenn

[1/5]A Yes23 volunteer holds pamphlets while speaking with commuters about the upcoming Voice to Parliament referendum, in Melbourne, Australia August 30, 2023. Some senior Liberal party leaders, however, have broken ranks and supported the Voice referendum. "The Voice delivers recognition and respect to Indigenous Australians in the manner they have sought," Turnbull said in an opinion piece in The Sydney Morning Herald on Wednesday. In the most recent referendum in 1999, Australians voted against changing the constitution to establish Australia as a republic. "I’m just trying to vote yes for the recognition of the real owners of Australia," Sydney resident Oscar Rodas, who was at one of the campaigns, told Reuters.

Persons: Albanese, SYDNEY, Anthony Albanese, Pat Anderson, Jacinta Nampijinpa Price, James Ross, Malcolm Turnbull, Turnbull, I’m, Oscar Rodas, Cordelia Hsu, Stephen Coates Organizations: Wednesday, Aboriginal, Torres Strait, First Nations Peoples, Liberal, REUTERS Acquire, Liberal Party, Sydney Morning Herald, Sydney, Reuters, Thomson Locations: Torres Strait, Adelaide, Torres, Australia, Canada, New Zealand, Melbourne, Lincoln

☆ Falsehoods Follow Close Behind This Summer’s Natural Disasters
▼ + stars: | 2023-08-30 | by ( Tiffany Hsu | More About Tiffany Hsu | ) www.nytimes.com time to read: +1 min

Experts said the tactics and tenor of climate denial had evolved. For decades, the oil and gas industry spent billions of dollars waging a coordinated and highly technical campaign to influence public opinion against climate science, and then climate action. Recently, conspiracy theorists and extremists have operated in a more decentralized way, generating revenue through deceptive clickbait about global warming. Natural disasters and extreme weather events would still occur without it, albeit on a smaller scale, for example. That helps fuel many false narratives, said Susannah Crockford, an environmental anthropologist at the University of Exeter in England.

Persons: ”, Jennie King, Susannah Crockford, Crockford, —, ” Dr Organizations: Institute for Strategic, University of Exeter Locations: England

☆ How an empathy-first approach can help businesses increase profitability
▼ + stars: | 2023-08-29 | by ( Sponsor Post | Created Insider Studios With Paypal | ) www.businessinsider.com time to read: +8 min

78% of global consumers said they will be more loyal to businesses that help them through difficult times. of global consumers said they will be more loyal to businesses that help them through difficult times. These activities not only help make businesses more competitive, they also show workers that employers care about their professional growth. Here are three strategies businesses are using to help consumers navigate economic instability. 5 Le Parisien, Carrefour launches an online 'anti-inflation button' to help consumers buy cheaper, Nov 2022.

Persons: Joanne Hsu, upskilling, there's, that's, Agrobank, PwC, Kantar Organizations: PayPal, TrendWatching, Consumers, University of Michigan, Carrefour, Entrepreneurship, Insider Studios Locations: verticals, Malaysia

☆ Analysts pick 4 high-performance semiconductor stocks to play the booming market
▼ + stars: | 2023-08-29 | by ( Lucy Handley | ) www.cnbc.com time to read: +2 min

Analysts at an Asian brokerage and investment group have picked four semiconductor stocks to play the "booming demand" for high-performance chips. "This old semiconductor migration locomotive still has steam in it yet, even amid the current industry downcycle, thanks to booming demand for high-performance chips," CLST analysts Jason Tsang and Cathy Hsu said in a research note dated Aug. 23. Semiconductors are used in products like tablets and smartphones, and the Covid-19 pandemic led to high demand for such goods, resulting in a shortage of some types of chips. Analysts expect it to take market share from fellow chip manufacturer KLA. "In addition to expanding shipment volumes, demand improvement, content growth, and value add should together drive a boom in the semiconductor equipment market," the analysts wrote.

Persons: Jason Tsang, Cathy Hsu, Hynix, — CNBC's Michael Bloom, Arjun Kharpal Organizations: Semiconductors, Samsung, Samsung Electronics, Nvidia, CLST, AMD, SK Hynix Locations: Taiwan

☆ Consumers are growing slightly more cautious about the economy
▼ + stars: | 2023-08-25 | by ( Alicia Wallace | ) edition.cnn.com time to read: +2 min

Minneapolis CNN —Americans’ attitudes toward the US economy appear to be growing more tepid. The University of Michigan’s closely watched consumer sentiment index measured 69.5 in August, down slightly from July. “Consumers perceive that the rapid improvements in the economy from the past three months have moderated, particularly with inflation, and they are tentative about the outlook ahead,” Joanne Hsu, director of the university’s Surveys of Consumers, said in a statement. Inflation expectations for the year ahead ticked down to 3.3% from 3.4% in July, showing “remarkable stability” but still trending higher than pre-pandemic expectations, which ranged in the 2.3% to 3% range. Inflation expectations are crucial data points for the Federal Reserve.

Persons: ” Joanne Hsu, Hsu, ” Hsu, “ Organizations: Minneapolis CNN, University of Michigan’s, Consumers, Federal Reserve Locations: Minneapolis, Michigan

He tried to goad the artificial intelligence model, which he knew as Zinc, into producing code that would choose a job candidate based on race. Could the chatbot rank potential hires based on that discriminatory metric? Instead, he was a casual participant in a competition last weekend at the annual Defcon hackers conference in Las Vegas, where 2,200 people filed into an off-Strip conference room over three days to draw out the dark side of artificial intelligence. The hackers tried to break through the safeguards of various A.I. Each competitor had 50 minutes to tackle up to 21 challenges — getting an A.I.

Persons: Avijit Ghosh, Ghosh, — Locations: India, Las Vegas

Mr. Trump was also charged with attempting to obstruct an official proceeding — the certification of the election results by Congress. The indictment said Mr. Trump and six unnamed co-conspirators had pushed state legislators and election officials to change electoral votes won by Mr. Biden to votes for Mr. Trump. The July indictment accused Mr. Trump, Mr. De Oliveira and Mr. Nauta of trying to delete Mar-a-Lago security footage. Rather than publish her account, the tabloid suppressed it in cooperation with Mr. Trump and Mr. Cohen, prosecutors say. Mr. Trump faced a second criminal investigation in New York related to financial dealings at a Trump Organization golf course in Westchester County.

Persons: Donald J, Trump, Trump’s, Jack Smith, Alvin L, Bragg, Joseph R, Biden Jr, Biden, Prosecutors, Mike Pence, Mr, Smith, Walt Nauta, Smith’s, Carlos De Oliveira, De Oliveira, Nauta, ’, Stormy Daniels, Michael D, Cohen, Daniels, Karen McDougal, McDougal, Bragg’s, Juan M, Merchan, “ Trump, Merchan’s, Mimi E, Rocah, Letitia James, James, Donald Jr, Eric, Ivanka Trump, Maggie Haberman, Glenn Thrush, Jonah E, Rebecca Davis O’Brien, Michael Gold, Michael Rothfeld, Ed Shanahan, Richard Fausset, Ashley Wong Organizations: Mr, Capitol, Federal, Court, Congress, Justice Department, Mar, Manhattan, National Enquirer, Trump Tower, U.S, Trump Organization, Trump National Golf Club Westchester, New York, Civil, New, Trump Locations: Manhattan, Lago, United States, Palm Beach, Fla, Mar, New York, Westchester County, Bromwich

☆ US consumers are feeling less optimistic about the economy for the first time this summer
▼ + stars: | 2023-08-11 | by ( Bryan Mena | ) edition.cnn.com time to read: +3 min

Washington, DC CNN —Americans became slightly less optimistic about the economy this month, following two straight months of growing confidence. Sentiment had been on an upswing throughout the summer, mostly due to slower inflation, and is well above the record lows reached this time last year. Signs of cooling inflationGas prices, which are highly visible indicators of inflation for consumers, have risen in recent weeks, which could weigh on sentiment in the future. Still, consumers face the resumption of student loan payments later this year, and that could weigh on household budgets. US consumers opened up their wallets this summer, with many flocking to the smash-hit “Barbie” movie, attending concerts by Taylor Swift or Beyoncé, or traveling abroad.

Persons: “, ”, Joanne Hsu, Ryan Sweet, bode, Kieran Clancy, Barbie, Taylor Swift Organizations: DC CNN, University of Michigan, University of Michigan’s, University, Oxford Economics, Federal Reserve Bank of San, Pantheon, Consumer, Commerce Department, Federal, Atlanta Locations: Washington, June’s, Federal Reserve Bank of San Francisco, Michigan

☆ Heavy rains wreak havoc in central Taiwan in wake of typhoon
▼ + stars: | 2023-08-05 | by ( ) www.reuters.com time to read: +1 min

TAIPEI, Aug 5 (Reuters) - Intense rains in the wake of Typhoon Khanun lashed the mountainous parts of Taiwan on Saturday, unleashing flood and landslides that blocked roads and stranded hundreds of people as authorities rushed to resume transportation links. Rains have pounded the central county of Nantou since Typhoon Khanun brushed past northern Taiwan on Thursday, with more than 1 m (3 feet) of precipitation soaking Renai Township since then, shattering roads and triggering landslides and mudslides. Across Taiwan, two people were missing and more than 460 stranded, mostly in remote mountainous areas, the government said, adding no casualties had been reported. "Although Typhoon Khanun is gradually moving away from us, people should still make related preparations and must pay attention to rains and winds, as well as your own safety," he said in a post on Facebook. Heavy rain was forecast to continue over the weekend, although at a reduced level as authorities continued to issue warnings of landslides for mountainous central and southern Taiwan.

Persons: Khanun, Hsu Shu, Hua, William Lai, Yimou Lee, Fabian Hamacher, William Mallard Organizations: Central News Agency, Facebook, Thomson Locations: TAIPEI, Taiwan, Nantou, Nantou County

☆ What Can You Do When A.I. Lies About You?
▼ + stars: | 2023-08-03 | by ( Tiffany Hsu | More About Tiffany Hsu | ) www.nytimes.com time to read: +1 min

The technology’s reliance on statistical pattern prediction also means that most chatbots join words and phrases that they recognize from training data as often being correlated. “What allows it to appear so intelligent is that it can make connections that aren’t explicitly written down,” she said. Similarly, OpenAI said users could inform the company when ChatGPT responded inaccurately. OpenAI trainers can then vet the critique and use it to fine-tune the model to recognize certain responses to specific prompts as better than others. Meta said its open-source release allowed a broad community of users to help identify and fix its vulnerabilities.

Persons: Ellie Pavlick, ”, Bing, OpenAI, ChatGPT, Meta Organizations: Brown University, Microsoft, Meta

☆ Americans continue to feel better about inflation and the economy
▼ + stars: | 2023-07-28 | by ( Bryan Mena | ) edition.cnn.com time to read: +4 min

Washington, DC CNN —US consumers have been feeling a whole lot better this summer as inflation has continued to slow. That’s a huge improvement from June 2022, when consumer sentiment fell to its lowest level on record and inflation reached a four-decade high of 9.1%. “However, sentiment for lower-income consumers fell.”Indeed, recent data continue to reflect inflation slowing. Consumer spending is the main engine of the economy, accounting for about two-thirds of output, and much of it hinges on the state of the labor market. The Fed certainly wants to see core inflation continue to decelerate, but Powell routinely points to the labor market not being balanced.

Persons: ”, Joanne Hsu, Lydia Boussour, Jerome Powell, ” Powell, Powell Organizations: DC CNN, University of Michigan, University of Michigan’s, Federal, National Association for Business Economics, Fed, “, Bureau of Labor Statistics Locations: Washington, EY

Elon Musk’s Unmatched Power in the Stars The tech billionaire has become the dominant power in satellite internet technology. Today, more than 4,500 Starlink satellites are in the skies, accounting for more than 50 percent of all active satellites. 53% of active satellites are Starlink.” The Starlink satellites are highlighted and are all operating in low-Earth orbit. How Starlink customers connect to the internet Starlink satellites orbit at much lower altitudes than traditional satellite internet services. “Everywhere on earth will have high bandwidth, low latency internet,” Mr. Musk predicted on the Joe Rogan podcast in 2020.

Persons: Elon Musk’s, Mark, Valeriy Zaluzhnyi, Elon Musk, Zaluzhnyi, General Zaluzhnyi, Musk, Musk’s, ”, Starlink’s, ” Mykhailo Fedorov, Mr, Biden, ” Dmitri Alperovitch, Sir Martin Sweeting, Sweeting, Mike Blake, Patrick Seitzer, Rafael Schmall, Joe Rogan, Jeff Bezos, Starlink, Russia —, Fedorov, —, Clodagh Kilcoyne, Nancy Pelosi, Colin H, Kahl, Lynsey Addario, messaged Mr, Lloyd Austin, Gregory C, Allen, we’ve, Mykhailo Podolyak, Volodymyr Zelensky, Jason Hsu, Hsu, “ Elon, Michael McCaul of, Tsai Ing, Tsai, Audrey Tang, Mariana Suarez, Thierry Breton, SpaceX, Chérif El, Amazon Organizations: Joint Chiefs of Staff, Ukraine’s Armed Forces, SpaceX, Tesla, Twitter, Mr, U.S . Defense Department, NASA, Senior Pentagon, The Defense Department, Starlink, European Union, Silverado, Accelerator, Surrey Satellite Technology, Reuters, Airbus, Earth, Getty, Satellite, University of Michigan, National Science Foundation, Rivals, Amazon, Origin, Viasat, Pentagon, CNN, The New York Times, U.S, Defense Department, Center for Strategic, International Studies, Elon, Harvard Kennedy School, Republican, House Foreign Affairs, OneWeb, Agence France, European, United Nations Locations: Ukraine, United States, Iran, Turkey, Japan, Starlink, Crimea, Russian, Starlinks, Europe, Taiwan, China, Beijing, British, Colorado, Cape Canaveral, Fla, —, California, Florida, Latin America, Africa, Nigeria, Mozambique, Rwanda, Ukrainian, Russia, Kreminna, Aspen, Colo, Kherson's, Kherson, Dnipro, Shanghai, Taipei, Michael McCaul of Texas, del, Uruguay, European Union

For more than 10 years, Twitter has been recognizable for its blue and white bird logo, which became a symbol of the social network’s unique culture and lexicon. “Tweeps” became the moniker for Twitter employees. Late on Sunday, Elon Musk began getting rid of it all. The tech billionaire, who bought Twitter last year, renamed the social platform X.com on its website and started replacing the bird logo with a stylized version of the 24th letter of the Latin alphabet. Inside Twitter’s headquarters in San Francisco, X logos were projected in the cafeteria, while conference rooms were renamed to words with X in them, including “eXposure,” “eXult” and “s3Xy,” according to photos seen by The New York Times.

Persons: Tweeps ”, Elon Musk, “, Musk, adieu Organizations: Twitter, The New York Times Locations: San Francisco

☆ Australia's 'seahorse hotels' aim to save endangered species
▼ + stars: | 2023-07-20 | by ( Cordelia Hsu | ) www.reuters.com time to read: +2 min

[1/3] A White's Seahorse feeds at the Sydney Institute of Marine Science aquarium in Sydney, Australia, June 22, 2023. REUTERS/Cordelia HsuSYDNEY, July 20 (Reuters) - Nestled beneath the surface of Sydney’s harbour, over 350 newly released White’s Seahorses make themselves at home in their seahorse hotels. Made from biodegradable metal, the eight new hotels installed will provide much needed homes for the endangered seahorses. “It was really fantastic,” said marine biologist Mitchell Brennan, the project manager of the Sydney Seahorse Project. White’s Seahorses are endemic to the waters surrounding Australia’s east coast and were classified as endangered on the IUCN Red List in 2017 due to loss of habitat.

Persons: Cordelia Hsu SYDNEY, ”, Mitchell Brennan, ” Brennan, “ We’ve, Cordelia Hsu, Alasdair Pal, Stephen Coates Organizations: Sydney Institute of Marine Science, REUTERS, Sydney Seahorse, University of Technology, New, Department of Primary Industries, IUCN, seahorses, Thomson Locations: Sydney, Australia, University of Technology Sydney, New South Wales, NSW, Sydney Harbour, NSW’s, Chowder Bay

☆ US consumer watchdog warns no more 'rubber stamp' for bank mergers
▼ + stars: | 2023-07-20 | by ( Douglas Gillison | ) www.reuters.com time to read: +3 min

Bank executives, meanwhile, complain that regulators' foot-dragging and uncertainty caused by looming regulatory reforms have depressed merger activity among healthy banks to historic lows. That drew the ire of Democratic Senator Elizabeth Warren, who helped create the CFPB and backed Chopra for the director role. Chopra called in May for the FDIC to adopt changes to bank merger guidelines. He declined to discuss possible changes but said the approval process was already evolving, citing a review of bank merger guidelines undertaken in 2022. Reporting by Douglas Gillison; Editing by Michelle Price and Jamie FreedOur Standards: The Thomson Reuters Trust Principles.

Persons: Rohit Chopra, Banks, Chopra, Janet Yellen, Michael Hsu, JPMorgan Chase, Elizabeth Warren, Douglas Gillison, Michelle Price, Jamie Freed Organizations: Consumer Financial Protection Bureau, Reuters, Federal Deposit Insurance Corporation, Bank, JPMorgan, Democratic Party, First, FDIC, Bank of America, Thomson Locations: First Republic, Wells Fargo

In the past few months, the technology has made ads easier to generate and track. It is writing marketing emails with subject lines and delivery times tailored to specific subscribers. Much has been made about the technology’s potential to limit the need for human workers in fields such as law and financial services. The conflicting attitudes suffused a co-working space in downtown San Francisco where more than 200 people gathered last week for an “A.I. Copywriters expressed worry and skepticism about chatbots capable of writing ad campaigns, while start-up founders pitched A.I.

Persons: Heinz, ” A.I, Copywriters Locations: San Francisco

☆ US inflation outlook brightening; consumer sentiment near two-year high
▼ + stars: | 2023-07-14 | by ( Lucia Mutikani | ) www.reuters.com time to read: +6 min

Data for May was revised to show import prices declining 0.4% instead of the previously reported 0.6%. Though consumer inflation remains above the Fed's 2% target, the pace of increase has slowed sharply since peaking in June 2022, giving consumers some relief. INFLATION EXPECTATIONS ANCHOREDThough the survey's inflation expectations increased this month, that was probably because most consumers were interviewed before the release of June's consumer price index report. "Import prices are subtracting from the pernicious trend of the goods inflation Americans have been paying." There were decreases in the cost of nonagricultural industrial supplies and materials as well as food, which canceled out rises in prices for capital goods, consumer goods and motor vehicles.

Persons: Jeffrey Roach, Joanne Hsu, Shannon Seery, Christopher Rupkey, Lucia Mutikani, Christina Fincher, Paul Simao Organizations: Federal Reserve, LPL Financial, Reuters, University of Michigan, University of Michigan's, Consumers, Treasury, Labor, Thomson Locations: WASHINGTON, U.S, Charlotte , North Carolina, Wells, New York, United States, China

☆ Americans continue to feel confident about the economy and inflation
▼ + stars: | 2023-07-14 | by ( Bryan Mena | ) edition.cnn.com time to read: +1 min

Washington, DC CNN —Inflation’s steady slowdown in recent months has kept Americans feeling optimistic about the future. Consumer sentiment tracked by the University of Michigan rose 13% in July, the second straight month of improvement, according to a preliminary reading released Friday morning. Meanwhile, the report showed that consumers’ expectations for inflation rates remained at their lowest levels since early 2021. Consumers see inflation rates of 3.4% in the year ahead, and while that’s well below last year’s 5.4% peak, it’s slightly higher than the previous reading. “I feel like we are on a golden path of avoiding recession,” Chicago Fed President Austan Goolsbee told CNBC last week.

Persons: ”, Joanne Hsu, “, Austan Goolsbee Organizations: DC CNN, University of Michigan, Consumers, Chicago Fed, CNBC Locations: Washington

☆ Hua Hsu Wants to Know Who Wrote the Zine ‘Secret Asian Man’
▼ + stars: | 2023-07-13 | by ( ) www.nytimes.com time to read: +3 min

A collection of these issues would undoubtedly be my favorite book that no one has heard of. I’ve always wanted to know who made this zine, and if there are any issues I am missing, and if I could republish them. Because of some scheduling issues, the only free days to do the audiobook came at the end of July. The day I had to narrate the book’s central trauma landed on the actual day it had happened 24 years earlier. But the best form of creative expression that takes friendship as a central concern is rap music.

Persons: Breton, Philippe Soupault’s, Hegel, “, ”, I’ve, Andrew O’Hagan’s “, ” Ann Patchett’s “, Gail Caldwell’s “, Tracey Thorn’s “ Organizations: Village Locations: Seattle , New York, Paris

☆ Opinion: ‘Joy Ride’ is the Asian American-centered movie that all audiences need to see
▼ + stars: | 2023-07-11 | by ( Opinion Regina Kim | ) edition.cnn.com time to read: +6 min

CNN —When I first heard about the film “Joy Ride,” an unabashedly raunchy comedy about four Asian American friends and their misadventures in China, I couldn’t contain my excitement. Regina Kim Courtesy Regina KimIt felt exactly like the kind of movie that the Asian American community had been waiting for. To be perfectly honest, after going to a screening of “Joy Ride,” it took me two days to fully process what I’d seen. Perhaps I was so startled because I wasn’t used to seeing Asian Americans — especially Asian American women — depicted like this. I’m hoping that more people will realize that Asian American women can be sassy, outspoken, hilarious, weird or all of the above — but, most importantly, that we, too, are human.

Persons: Regina Kim, Stone, ELLE, who’ve, – we’ve, Adele Lim, Rich, Cherry Chevapravatdumrong, Teresa Hsiao, Ashley Park, Audrey, Stephanie Hsu, Kat, Sherry Cola, Sabrina Wu, I’d, —, Lolo, White, ”, it’s, direly Organizations: Twitter, CNN, American, Asian, Facebook Locations: China, American, America

☆ The US economy is doing way better than the rest of the rich world
▼ + stars: | 2023-07-07 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +4 min

The US is performing much better than many other wealthy nations when comparing economic growth and inflation rates. The US had the highest GDP growth since the start of the pandemic among the G7 countries, an informal group of industrialized democracies. Even when taking out food and energy prices, which were especially elevated in Europe due to the invasion of Ukraine, the US came in below the other G7 countries. Despite this data, "inflation going forward remains considerably uncertain across all G7 nations, including the US," the CEA wrote. But despite the US's outperformance on GDP and inflation, many Americans are still worried about the nation's economy.

Persons: —, Joanne Hsu, Hsu Organizations: US, Service, OECD, Commerce Department, White House Council of Economic Advisors, Index, CEA, University of Michigan, Consumers Locations: Canada, Italy, Germany, Japan, Europe, Ukraine

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