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☆ CNBC's Inside India newsletter: The tax with potential side effects
▼ + stars: | 2024-07-25 | by ( Ganesh Rao | ) www.cnbc.com time to read: +8 min

Despite its progressive intentions, the tax failed to raise sufficient revenue for the monarch, as people boarded up their windows to lower their tax liability. Window tax was a property tax based on the number of windows in a house. In addition, the minister also lifted capital gains for stock market investors who cash in within a year from 15% to 20%. While the tax raises more than £3 billion ($3.9 billion) annually, it has given birth to far riskier forms of speculation while simultaneously hurting the stock market. However, given the lofty valuations that Indian stock markets currently trade, the tax to skim the excesses might be a positive development over the longer term.

Persons: Nirmala Sitharaman, Ajay Aggarwal, King William III of, Mike Kemp, Upasana Chachra, Morgan Stanley, Siddhartha Khemka, Motilal Oswal, Michael Langham, Abrdn, it's, JPMorgan's Jahangir Aziz, Aziz, Raghuram Rajan, Suman Bery, Bery Organizations: Union Finance, Budget Press Conference, National Media Centre, Hindustan Times, Getty Images, Getty, Budget, Motilal, Institute for Fiscal Studies, Reuters, CNBC, Health, Reserve Bank of India Locations: DELHI, INDIA, New Delhi, India, Mayfair, London, United Kingdom, England, Britain, Kerala, Malaysia, Nipah

☆ Defeating Russia's massive 6,600-lb glide bomb may mean risking Ukraine's Patriots if it can't take out the fighter-bombers on the ground
▼ + stars: | 2024-07-25 | by ( Jake Epstein | ) www.businessinsider.com time to read: +7 min

Read previewRussia has increasingly been striking Ukrainian positions with its new 6,600-pound glide bomb, a highly destructive weapon that is notoriously difficult to defeat. AdvertisementA FAB-3000 glide bomb is seen in this video released on July 14 by the Russian Ministry of Defense. The new FAB-3000 glide bomb's first known combat usage was in June, and it has been used extensively in the weeks since. AdvertisementOnce released from an aircraft, glide bombs have short flight times, generate small radar signatures, and travel on non-ballistic trajectories. AdvertisementA FAB-3000 glide bomb is seen mid-flight in this video released on July 14 by the Russian Ministry of Defense.

Persons: —, Russian Su, Justin Bronk, George Barros, Su, Bronk, Maxim Shemetov, Volodymyr Zelenskyy, Biden, Zelenskyy Organizations: Service, Business, Warfare, Russian Ministry of Defense . Russian Ministry of Defense, FAB, Institute for, Royal United Services Institute, Holding, MGM, Tactical Missile Systems, Russian Aerospace Forces, International Army, REUTERS, Russian Locations: Russia, Russian, Ukraine, Kyiv, Kharkiv, Moscow, Holding Ukraine, Ryazan

☆ Sam Altman says the US has to do 4 things to prevent China from taking the AI throne
▼ + stars: | 2024-07-25 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +4 min

Read previewOpenAI CEO Sam Altman has a four-point plan to help the United States retain its dominance in the global AI arms race. To this end, the first step in Altman's plan is to ensure proper safeguards around AI technology. He said that would help create more jobs and establish AI as a "new industrial base" in the United States. He also said the United States needs to invest in developing a new generation of AI innovators, researchers, and engineers. Related storiesThird, the United States should establish more regulations around trade and the transmission of information across borders.

Persons: —, Sam Altman, Altman's, Altman, aren't, Axios Organizations: Service, Washington, Business, International Atomic Energy Agency, AI, Internet Corporation, ICANN, United States, Stanford's Institute for, Intelligence Locations: United States, American, United, China

☆ The bond market is on watch for a Trump win. What it'll mean for the deficit, inflation, and yields.
▼ + stars: | 2024-07-24 | by ( Laila Maidan | ) www.businessinsider.com time to read: +7 min

AdvertisementThe chart below shows a Trump lead based on how users are betting money on an outcome on Predictit's platform. So there's not really any change to tax policy and Trump has been looking to cut taxes further on companies and potentially on individuals as well." AdvertisementInflationWhere inflation is concerned, under a second Trump administration, expect a 10% import tariff on all goods. BondsAdvertisementExpectations for increased deficits, higher inflation, and slower growth have put upward pressure on interest rates over the last few weeks, Goldberg noted. And going forward, it's going to continue to put downward pressure on bond prices and upward pressure on yields, he added.

Persons: We've, Gennadiy Goldberg, Kamala Harris, — Goldberg, Goldberg, there's, Trump, Trump's, it's, Donald Trump Organizations: Service, TD Securities, Business, Republican, Trump, Predictit, Republican House, Democratic, Republicans, Peterson Institute for International Economics, Pew Research Center Trump, Washington, Federal Reserve, Investors Locations: Washington, Mexico, Canada

☆ Trump's tariffs-for-tax cuts plan: Who stands to benefit?
▼ + stars: | 2024-07-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrump's tariffs-for-tax cuts plan: Who stands to benefit? Richard Stern, Heritage Foundation Center for the Federal Budget director, and Mary Lovely, Peterson Institute for International Economics senior fellow, join 'Squawk Box' to discuss former President Trump's 'tariffs-for-tax cuts' plan.

Persons: Richard Stern, Mary Lovely, Trump's Organizations: Heritage Foundation Center, Federal Budget, Peterson Institute for International Economics

☆ Opinion: Why you should pay attention to the role of race in sport during this summer’s Olympics
▼ + stars: | 2024-07-23 | by ( Opinion Keith Magee | ) edition.cnn.com time to read: +9 min

CNN —For many nations — not least the US — the upcoming Paris Olympics will take place against a background of deep political and social division. If you saw any of the European Athletics Championships events last month, you may well have been struck, as I was, by just how many Black athletes featured on podiums. At the Summer Olympics, the USA team will also feature numerous Black athletes, including gymnast Simone Biles, sprinter Sha’Carri Richardson and the (current) fastest man on earth, Noah Lyles. As you watch the Olympics this summer, take note of the sports in which Black people represent the USA and European countries. So no, Black athletes are not naturally better at some sports — they take the narrower opportunities open to them and work incredibly hard on their self-belief to make it to that podium.

Persons: Keith Magee, Keith Magee Arron Dunworth Terry Shoemaker, Emmanuel Karalis, Malaika Mihambo, Nikolas Liepins, Simone Biles, Sha’Carri Richardson, Noah Lyles, Mujinga Kambundji, Italy's Zaynab, Ewa Swoboda, Artur Widak, Zaynab Dosso, Ana Peleteiro, Owen Ansah, Paola Egonu, Le, Aya Nakamura, Edith Piaf, disheartening misogynoir, Lewis Hamilton, Tiger Woods, Venus Williams, you’ll, —, laud Organizations: University College London Institute for Innovation, Newcastle University Law School, CNN, Arizona State University, European Athletics, women's U.S, Getty, Summer, USA, Trump, European Union Agency for Fundamental Rights, Paris Olympics, Franco, United Nations, Serena Locations: Swiss, women's, Anadolu, Europe, Italy, Poland, Paris, France, Spanish, Italian, Nigerian, Malian

☆ Brain Care Score may also predict depression, study finds
▼ + stars: | 2024-07-23 | by ( Kristen Rogers | ) edition.cnn.com time to read: +6 min

CNN —Scientists announced in December the successful creation of the Brain Care Score, a tool for assessing dementia or stroke risk without medical procedures. That score, which also helps patients and doctors identify beneficial lifestyle changes, may now also be able to predict the odds of developing depression later in life, according to a new study. The 21-point Brain Care Score, or BCS, refers to how a person fares on 12 health-related factors regarding physical, lifestyle and social-emotional components of health. “The Brain Care Score is a simple tool designed to help anyone in the world answer the question, ‘What can I do to take better care of my brain?’” said study author Dr. Jonathan Rosand, cofounder of the McCance Center for Brain Health at Massachusetts General Hospital and lead developer of the BCS, in a news release. The higher a participant’s score, the lower their risk of brain disease.

Persons: ”, ’ ”, Jonathan Rosand, Richard Isaacson, Isaacson, “, we’ve, ” Isaacson, Sanjula Singh, that’s Organizations: CNN —, Psychiatry, McCance, Brain Health, Massachusetts General Hospital, BCS, Harvard Medical School Locations: “, Massachusetts, Boston, United Kingdom, Florida

☆ What the West's foes may be learning from the Ukraine war
▼ + stars: | 2024-07-23 | by ( Jake Epstein | ) www.businessinsider.com time to read: +8 min

AdvertisementShe explained that from a tactical perspective, Ukraine and Russia are learning much about each other, and in response, the cycles of adaptation and countermeasures are rapidly compressing. "Russia's allies and their partners are learning from them, and this is now a currency that Russia has to give to Iran, China, North Korea — that learning of our equipment." Iran and North Korea have collectively outfitted Russia with a bunch of lethal aid, including missiles, rockets, artillery shells, and drones. Photo by ANONYMOUS/Middle East Images/AFP via Getty ImagesChina's support for Russia as it wages war in Ukraine has been more discreet. Experts and officials have also said that North Korea is likely learning about how its weapons perform in actual combat conditions.

Persons: —, Dara Massicot, Massicot, Baiba Braže, Alina Smutko, Tehran's, Abrams, ALEXANDER NEMENOV, It's, Luke Coffey, Iran's Organizations: Service, NATO, Business, Carnegie Endowment, International, Latvia's, Mechanized Brigade, REUTERS, Getty, CNN, Russian, Army Tactical Missile, West, Ukraine —, Hudson Institute, North, General Staff, Ukrainian Armed Forces, Institute for, Ukraine Locations: Ukraine, Russia, Washington, Iran, China, North Korea, Moscow, Iranian, Kermanshah, Beijing, Tehran, Pyongyang, AFP, Israel, Korea, Ukrainian, X

☆ How often you poop could affect overall health
▼ + stars: | 2024-07-23 | by ( Kristen Rogers | ) edition.cnn.com time to read: +7 min

The frequency may also affect your gut microbiome and risk of chronic disease, a new study has found. Self-reported bowel movement frequency was separated into four groups: constipation (one or two bowel movements per week), low-normal (three to six weekly), high-normal (one to three per day) and diarrhea. The authors believe their findings are “preliminary support for a causal link between bowel movement frequency, gut microbial metabolism, and organ damage,” according to a news release. It’s also possible a person’s gut microbiome could be influencing bowel movement frequency. Bowel movement frequency also isn’t the most ideal measure of bowel function, he said.

Persons: pooped, ”, Sean Gibbons, ” Gibbons, Gibbons, White, Kyle Staller, wasn’t, ” Staller, It’s, “, Staller, ’, Rena Yadlapati Organizations: CNN, Cell, Institute for Systems Biology, Massachusetts General Hospital, Harvard Medical School, gastroenterology, University of California San Locations: Seattle, Massachusetts, University of California San Diego

☆ Almudena Romero prints images onto living plants
▼ + stars: | 2024-07-22 | by ( Victoria Barauna | ) edition.cnn.com time to read: +10 min

London CNN —Spanish artist Almudena Romero is known for creating artworks that use plants as her medium. Almudena Romero “The Pigment Change” series has a chapter called “Family Album,” in which Romero projects a negative onto live watercress, using the plants’ natural photosynthesis to create areas of light and dark. Almudena Romero This artwork, which was exhibited this year on International Women’s Day, is a tribute to a childhood friend. Almudena Romero Romero questions the long-term future of conventional photographic film, when the materials needed to produce it are limited. But for Romero, plants are much more than something to look after: they’re beings we can learn from.

Persons: Almudena Romero, Romero, ”, Almudena Romero Romero, “ Leticia, ” Romero, ” Almudena Romero, “, ” Almudena Romero Romero, Albert Khan, Almudena, Heather Ackroyd, Dan Harvey, Binh, Plants Romero, Millennials, it’s, It’s, Nicolas Langlade, I’m Organizations: London CNN, Saatchi, Albert, Albert Khan Museum, Plants, “, BMW, France’s National Research Institute for Agriculture, Food, Saatchi Gallery Locations: Spanish, Spain, Valencia, ” Almudena Romero Spanish, London, Paris, British, Madrid, France

☆ Trump's idea of replacing income tax with tariffs is 'impossible mathematically,' analyst says
▼ + stars: | 2024-07-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrump's idea of replacing income tax with tariffs is 'impossible mathematically,' analyst saysKimberly Clausing, non-resident senior fellow at the Peterson Institute for International Economics, says his plan is "worrisome."

Persons: Kimberly Clausing Organizations: Peterson Institute for International Economics

☆ Russia and China are gaining ground on the US in Latin America, US commander says
▼ + stars: | 2024-07-22 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +5 min

Read previewRussia and China are trying to compete with the US for influence in Latin America, according to the US Southern Command commander. Kevin Riehle, a former FBI counterintelligence officer, told BI last December that Russia was using South America to obtain fake identities for its spies. AdvertisementDaniel P. Erikson, deputy assistant secretary of defense for the Western Hemisphere, also warned of Chinese and Russian threats in Latin America at an Atlantic Council event in February. Latin America, in the post-Cold War era, has not seen major wars, the prospect of nuclear weapons, or US rivals seeking to establish military bases and alliances directly, he said. "Nonetheless, the economic needs of Latin America and weak governance in many cases have opened the door for predatory, non-transparent deals, particularly with the PRC, which has expanded its influence," he said, using the initials of the People's Republic of China.

Persons: —, Laura J, Richardson, Vyacheslav Volodin, Craig Faller, Kevin Riehle, Daniel P, Erikson, Evan Ellis, Ellis Organizations: Service, US Southern Command, Aspen Security, Initiative, Business, Russian, Institute for, West . Belarus —, US Special Operations Command, FBI, Strategic, International Studies, Atlantic Council, US Army, Strategic Studies Institute, Southern Command Locations: Russia, China, Latin America, Colorado, America, Nicaragua, Cuba, Venezuela, West . Belarus, Belarus, South America, Washington, DC, Caribbean, East, Ukraine, People's Republic of China, Iran, United States

☆ Israel strikes Yemen for the first time following deadly Houthi drone attack. Here’s what we know
▼ + stars: | 2024-07-21 | by ( Sophie Tanno | ) edition.cnn.com time to read: +8 min

CNN —For the first time, Israel has struck inside Yemen, following a deadly drone attack launched by Houthi rebels on Tel Aviv. Soon after the Israeli attack, the Houthis said they launched a fresh barrage of missiles towards Israel, promising a response that will be “huge and great.”Here’s what we know. The US and UK have responded to those attacks by carrying out strikes on Houthi targets in Yemen. A tipping point for Israel appears to have come on Friday, when a drone attack was launched on Tel Aviv, killing one Israeli citizen and injuring several others. Oded Balilty/APThe attack marked the first time Tel Aviv, Israel’s commercial center, has been struck by a drone in an attack claimed by the Houthis.

Persons: ”, Allah, Hussein, Mohammed Hamoud, Israel, Yahya Sare’e, ” Sare’e, Houthi, Oded, Daniel Hagari, Samad, Masirah, Mohammed Abdulsalam, Yehya Saree, Osamah, Benjamin Netanyahu, Netanyahu, ” Netanyahu, “ It’s, ” Charles Lister, Yoav Gallant, Yoel Organizations: CNN, Houthi, Red, US, US Central Command, Tel, Israel Defense Forces, Israel, Israel’s, Middle East Institute, Israel’s Defense, Hezbollah, AP, for National Security Studies, National Security Council Locations: Israel, Yemen, Tel Aviv, Red, Gaza, Iranian, Iran, Islam, Saudi Arabia, Sana'a, Israel’s, Hodeidah, Yemen’s, Lebanon, Lebanese

☆ Facing difficult frontline reality and the prospect of Trump in the White House, Zelensky hints at negotiations with Russia
▼ + stars: | 2024-07-20 | by ( Ivana Kottasová | ) edition.cnn.com time to read: +12 min

Zelensky suggested Moscow should send a delegation to the next peace summit that he hopes to hold in November. Kyiv is currently facing the double whammy of a difficult frontline situation and political uncertainty over the level of future support from Ukraine’s closest allies. Trump and Zelensky spoke on Friday in what Trump called a “had a very good phone call”. Putin said Russia would end its war in Ukraine if Kyiv surrendered the entirety of four regions claimed by Moscow: Donetsk, Luhansk, Kherson and Zaporizhzhia. Despite being considerably bigger and stronger than Ukraine, Russia has not managed to fulfil its territorial goals – even when Kyiv was receiving only limited help from the West.

Persons: Volodymyr Zelensky, Zelensky, –, Germany –, Ukraine John Herbst, Donald Trump, JD Vance, Herbst, Trump, ”, Vladimir Putin, Putin, Orysia Lutsevych, Russia … Putin, Lutsevych, Riley Bailey, Bailey, “, ” Bailey, hasn’t, Vance, Libkos, Ukraine wasn’t, doesn’t, ” Herbst, Ukraine doesn’t, you’re Organizations: CNN, NATO, Monday, Aspen Security, –, Chatham House, Kyiv, Trump, Democrats, ” Locations: Russia, Moscow, Switzerland, Ukraine, Kyiv, Ukraine’s, United States, Germany, Donetsk, Luhansk, Kherson, Zaporizhzhia, Eurasia, Chatham, Kharkiv, Europe, Afghanistan, Crimea, Kerch, Russian

☆ The Houthis struck deep into Israel with an Iranian-made attack drone likely upgraded for longer-range strikes, IDF says
▼ + stars: | 2024-07-19 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

The Houthis claimed responsibility for the rare attack on Tel Aviv early Friday morning local time, which marked their first lethal attack in Israel. Rear Adm. Daniel Hagari, an IDF spokesperson, said an initial assessment suggests the system used in the attack was an Iranian-made Samad-3 one-way attack drone with an extended range. AdvertisementVery clear footage of a kamikaze UAV fired by Yemen’s Houthis targeting Tel Aviv overnight, near the United States Embassy Office. He added that the IDF is investigating this latest incident to determine why the Samad-3 was not identified as a threat and shot down before it reached Tel Aviv. Investigators examine what, according to a police spokesperson, seems to be part of an aerial device, at the site of an explosion in Tel Aviv on July 19, 2024.

Persons: —, Daniel Hagari, Samad, Yemen’s, nvMTna32YJ, Hagari, Fabian Hinz, Ricardo Moraes Israel, Israel Organizations: Service, Business, Embassy, United States Embassy Office, US Defense Intelligence Agency, REUTERS, International Institute for Strategic Studies, US Navy, US Locations: Israel, Tel Aviv, Iran, Iranian, Yemen, State, Gaza, Gulf of Aden, Lebanon, Hamas

☆ Europe has shown it's less afraid of calling Putin's bluff than the US and getting Ukraine what it needs to fight Russia
▼ + stars: | 2024-07-19 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +15 min

Many European countries have also given more as a proportion of their GDP than the US has. AP Photo/Peter DejongIn early 2023, France became the first Western country to promise to send Ukraine Western armored combat vehicles. European countries have also led in letting Ukraine use Western weapons to hit military targets in Russia. But there are still hangups, and some European countries want partner support for Ukraine to go much further. He said that for most Americans, "if you ask them to name five European countries, they probably wouldn't be able to do it."

Persons: —, Vladimir Putin's, George Barros, Russia doesn't, Ukraine's, Joe Biden, Volodymyr Zelenskyy, Peter Dejong, Bradleys, Abrams, Davis Ellison, John Hamilton, Russia didn't, Ellison, Donald Trump, Mark Cancian, Kaja, Andrew Kravchenko Barros, Ingrida Šimonytė, Putin, Barros, It's, forwardness, Philip Ingram, Ingrida Simonyte, Denys Shmyhal, it's, Getty Images Ingram, Biden, JD Vance, it'll Organizations: Service, Kyiv, Business, High Mobility Artillery Rocket Systems, Mirage, AP, Ukraine Western, US, Army Tactical Missile Systems, Storm Shadows, The Hague, Strategic Studies, Army Tactical Missile, Russian, NATO, Marine, Center for Strategic, International Studies, Eastern, Estonia's, Lithuanian, REUTERS, British Army, Ukrainian Governmental Press Service, Anadolu, Getty Images, Republican, America, GOP, Ukraine, Prosecutor's, Getty, White Locations: Russia, Ukraine, Washington, Europe, United States, Russian, Denmark, Netherlands, Norway, Belgium, European, Sweden, France, Paris, Kharkiv, Poland, Germany, Zhytomyr, Kyiv, Borodianka, Ukraine's Kyiv, Ukrainian

☆ Droughts are threatening California's water supply. The state is racing to save what's left.
▼ + stars: | 2024-07-19 | by ( Leila Jordan | ) www.businessinsider.com time to read: +10 min

In 2012, San Francisco's Public Utilities Commission began developing the Onsite Water Reuse Program to investigate whether water reuse, also known as water recycling, in buildings could be a solution to California's water problem. The adoption of on-site water reuse can also be a sensible decision for developers. Water reuse to overcome hurdlesWhile large plants and on-site water systems in major buildings have been California's more established methods of water reuse, the state's biggest hurdle is retrofitting systems for existing buildings. During times of drought, the state has encouraged water conservation and water recycling, such as the use of recycled water for plants. In 2023, California made progress toward establishing recycled water for direct potable reuse and allowing recycled water to be used in the state's drinking-water supply.

Persons: —, Paula Kehoe, Kehoe, Aaron Tartakovsky, Tartakovsky, Cleantec, They're, Phoenix's Aquacell, Cleantec Erik Porse, Porse, It's Organizations: Infrastructure, Service, Public Utilities Commission, San Francisco Public Utilities Commission, California Institute for Water Resources, Brewing, Texas Locations: California, Silicon, San Francisco, San Francisco's, Beverly Hills, San, Iowa, States, Virginia, Texas, Florida, Hawaii, East Coast, Southern California, In Texas

☆ Putin’s summer residence gets new air defenses as Ukraine steps up drone attacks
▼ + stars: | 2024-07-18 | by ( Ivana Kottasová | ) edition.cnn.com time to read: +4 min

Satellite images have revealed that several Pantsir-S1 air defense systems have been installed in the vicinity of the presidential residence on Lake Valdai in Novgorod region. The Valdai residence could be a high-profile target, as Putin is known to be spending time there during the summer. CNN has reached out to the Russian Defense Ministry for comment but has not received a response. Satellite image provided by Maxar Technologies shows an air defense system near the summer residence of Russian President Vladimir Putin. The Ukrainian military has also managed to destroy fuel depots, military targets and energy infrastructure much further afield.

Persons: Vladmir, Putin, Vladimir Putin, Sukhoi Su, Joseph Stalin, –, Nikita Khrushchev, Boris Yeltsin Organizations: CNN, Radio Liberty, Maxar Technologies, Russian Defense Ministry, Technologies, Kyiv, Ukrainian, Institute for, Russian Presidential Property Management Department, Ria Novosti Locations: Ukraine, Russia, Moscow, Valdai, Novgorod region, Russian, Ukrainian Kharkiv, Ukraine’s, Kerch, Ukraine’s Crimea, Russia –, Tatarstan, Ukrainian, Washington

☆ More teens are working. Here's why a job is 'becoming more compelling' for them, economist says
▼ + stars: | 2024-07-18 | by ( Genna Contino | ) www.cnbc.com time to read: +2 min

Last month, more than 5.7 million 16- to 19-year-olds participated in the labor market, Bureau of Labor Statistics data shows, marking the highest teen employment rate in June since 2007. Economists say more teens have been drawn to the workforce because of a hot labor market with more attractive wages. And as long as the economy stays strong, experts aren't expecting a dip in teen employment on the horizon. Economists say the overall direction teen employment takes depends heavily on where the economy is headed. A perfect storm of a tight labor market, rising wages, high education costs and curbed immigration could result in continued higher youth employment, Nestler said.

Persons: Jeff Greenberg, aren't, Brad Hershbein, Hershbein, Young, Matthew Nestler, they're, Nestler Organizations: Universal, Getty, of Labor Statistics, . Upjohn Institute, Employment Research, KPMG, CNBC Locations: Miami Beach , Florida

☆ Unusual world offers astronomers a glimpse into how planets become ‘hot Jupiters’
▼ + stars: | 2024-07-17 | by ( Ashley Strickland | ) edition.cnn.com time to read: +9 min

The star is one of a binary pair, so the planet orbits the primary star, while the primary star orbits a secondary star. While Jupiter takes 4,000 Earth days to complete one orbit around the sun, hot Jupiters complete one orbit every few days. Astronomers use “eccentric” to refer to the shape of a planet’s orbit on a scale from zero to 1. “It’s a pretty extreme process in that the changes to the planet’s orbit are massive,” Millholland said. Discovering a second hot Jupiter precursor is helping astronomers to confirm the idea that high-mass gas giants transform into hot Jupiters as they migrate from eccentric to circular orbits, the researchers said.

Persons: —, ”, Arvind Gupta, NOIRLab, Gupta, Suvrath Mahadevan, Verne, Willaman, Jason Wright, ” Wright, ” Gupta, Sarah Millholland, “, ” Millholland, Wright, James Webb Organizations: CNN —, Penn State, Astronomy, Mercury, NASA, Massachusetts Institute, Technology’s Kavli, for Astrophysics, Space Research, chrysalis Locations: Kitt, Arizona

☆ Many Americans think they’re insulated from climate change. Their finances indicate otherwise
▼ + stars: | 2024-07-16 | by ( Greg Iacurci | ) www.cnbc.com time to read: +5 min

Joseph Lamberti/Bloomberg via Getty ImagesMany Americans think they're insulated from the effects of global warming. But climate change is already having negative and broad impacts on household finances, according to experts. "There are a bazillion pathways" to adverse financial impact, he added. However, when it comes to financial impact, "I think you could argue the correct answer for [people] is, 'It's already hurting me,'" Krosnick said. How global warming and inflation intersectClimate change also exacerbates inflation, research shows — a dynamic dubbed "climate-flation."

Persons: Joseph Lamberti, Gernot Wagner, Jon Krosnick, Krosnick, Angela Weiss, Wagner, Mario Tama Organizations: Bloomberg, Getty Images, ICF, Columbia Business School, Finance, Stanford University, Resources, Research, Afp, Getty, Columbia Business, University of Illinois, University of Oregon, New York City, Workers, European Central Bank, Potsdam Institute, Climate Locations: Philadelphia, U.S, American, Miami, Bronx, New York, Urbana, Champaign, Canada, Baker , California, California, Phoenix

☆ Rising seas wiped out an entire US species for the first time. Scientists say it’s a sign of things to come
▼ + stars: | 2024-07-14 | by ( Rachel Ramirez | ) edition.cnn.com time to read: +5 min

CNN —A unique plant has become the first species in the United States to be exterminated from the wild by the compounding effects of rising seas, scientists say. The Key Largo tree cactus still exists in parts of the Caribbean, including Cuba, Puerto Rico and the Bahamas, but the chances of it re-establishing naturally in the Florida Keys is basically “zero,” Gann said. The plant’s habitat was being swamped by saltwater from storms and high tides worsened by the rising sea. Sea levels around the Florida Keys have been rising by around an average 0.16 inches a year, or just over 8 inches since 1971, the researchers reported. Possley said more than 1-in-4 native plant species are critically threatened with regional extinction in South Florida.

Persons: ”, George Gann, ” Gann, ” James Lange, Jennifer Possley, Possley, smallfruit varnishleaf, Jennifer Organizations: CNN, Botanical Research Institute of Texas, Institute for Regional Conservation, Botanic, ” Staff, Fairchild, Florida Department of Environmental Locations: United States, Florida, Caribbean, Cuba , Puerto Rico, Bahamas, Reef, South Florida

☆ These kinds of businesses are driving a surge in US corporate bankruptcies
▼ + stars: | 2024-07-14 | by ( Bryan Mena | ) edition.cnn.com time to read: +8 min

In the meantime, you can stay up to date on the latest business news with CNN’s Business Nightcap newsletter. Access to credit is especially crucial for small, private businesses that aren’t able raise money through financial markets. “There were a number of programs out there to support small businesses during the depths of the pandemic, and there were relatively fewer filings than usual in 2021 and 2022.”Rising corporate bankruptcies could just reflect a lot of churn occurring in Corporate America, Jamner said. Don’t panicMost banks offer free checking if, for instance, customers have their paycheck direct deposited or they maintain an average minimum balance, reports my colleague Jeanne Sahadi. Marianne Lake, the head of Chase Bank, told the Wall Street Journal last week that Chase might stop offering free checking and other free banking services.

Persons: It’s, ” “, Matt Rowe, Josh Jamner, Jamner, we’re, Reena Aggarwal, “, ”, Banks, Jeanne Sahadi, Marianne Lake, Chase, Jaret, Read, Goldman Sachs, Jerome Powell, Mary Daly, Morgan Stanley, Charles Schwab, Adriana Kugler, Johnson, Kinder Morgan, Tom Barkin, Lorie Logan, Michelle Bowman, John Williams, Raphael Bostic Organizations: CNN’s Business, Washington CNN —, P Global Market Intelligence, CNN, Federal Reserve Bank of Kansas, Nomura Capital Management, Consumer, Institute for Supply, P, ClearBridge Investments, ”, Corporate America, Federal, Fed, Georgetown University Psaros Center, Financial Markets, Chase Bank, Wall, TD Securities, BlackRock, San Francisco Fed, Bank of America, PNC, State, US Commerce Department, US Labor Department, National Association of Home Builders, Johnson, US Bancorp, Discover, Vegas Sands, Northern Trust, Citizens, United Airlines, National Statistics, Federal Reserve, Richmond Fed, Netflix, Novartis, Abbott Laboratories, Marsh, Blackstone, Infosys, Cintas, T Bank, Nokia, American Airlines, European Central Bank, American Express, Fifth Third Bancorp, AutoNation Locations: Federal Reserve Bank of Kansas City, Corporate, UnitedHealth, Wells Fargo, Vegas, Equifax, Northern, McLennan, Schlumberger, Haliburton

☆ Americans are buying more Kei trucks from Japan. Is it a sign of a growing “tiny truck” movement?
▼ + stars: | 2024-07-14 | by ( Erika Tulfo | ) edition.cnn.com time to read: +9 min

CNN —Measuring about half the length of a Ford F-150, Kei trucks look almost like toys in comparison to your standard pickup truck. Instagram page Kei Trucks Appreciation Society (@keitrucksas) sells Kei truck-themed merchandise from hoodies to stickers and posts memes for its more than 95,000 followers. On X, Kei truck fans share pictures of mini trucks they spot in the wild. Most states lack Kei-specific regulation entirely, and so far, only 19 states allow Kei trucks on public roads. And data from Edmunds showed that Americans were trading in more midsize and large pickup trucks for compact trucks than vice versa.

Persons: Kei, ”, George Zotos, Bill Pugliano, Zotos, Tetsu Ichino, “, I’ve, it’s, Andrew O’Bright, Kei truck’s, ” Zotos, Melissa Torre, Torre, Mark Schirmer, Mercedes ’ Smart, ” Schirmer, Ford, Edmunds, Ivan Drury, Drury, ’ Organizations: CNN, Ford, Silverado, American International Detroit Auto, Research, JDM Imports, Philadelphia, Torre, Daihatsu, Cox Automotive, Mercedes, Benz, Insurance Institute for Highway Safety, Ford Maverick, Hyundai, Hyundai Santa Cruz Locations: Japan, New York, Detroit , Michigan, Rockville , Maryland, Maryland, Chicago, Kei, U.S, Hyundai Santa

☆ Israel-Gaza News: Live Updates
▼ + stars: | 2024-07-14 | by ( Isabel Kershner | ) www.nytimes.com time to read: +3 min

But it remained unclear on Sunday if the primary target, Muhammad Deif, the leader of the Qassam Brigades, Hamas’s military wing, was among the dead. A Hamas official, Khalil al-Hayya, who lives in exile, said in an interview with Al Jazeera Arabic television that Mr. Deif had not been killed and was listening to Mr. Netanyahu’s words and “mocking” them. Hamas has not offered evidence that Mr. Deif survived. Mr. Deif is the second most senior Hamas figure in Gaza, after its leader in the territory, Yahya Sinwar. But it made no mention of the fate of Mr. Deif and Mr. Salameh.

Persons: Israel, Muhammad Deif, Benjamin Netanyahu, Rafa Salameh, Khan Younis, Khalil al, Deif, Yahya Sinwar, Izzat Al, Salameh, Scott Anderson, ” “, Mr, Anderson, “, Netanyahu, ”, Tamir Hayman Organizations: Gaza Health Ministry, Qassam, Hamas, Al Jazeera, United Nations, Nasser, Institute for National Security, Tel Aviv University Locations: Gaza, Israel, Khan

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