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☆ This is ‘the biggest difference’ in today’s housing market, according to the Property Brothers
▼ + stars: | 2024-10-25 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +2 min

watch nowMany factors make it hard to buy a home today, but the one that makes "the biggest difference" in today's market is the housing shortage, Property Brother Drew Scott said at CNBC's Your Money event on Thursday. "I don't think people realize this shortage of housing that we have affects everything," added his brother Jonathan Scott. Why there's a housing shortageAs of mid-2023, there's a housing shortage of 4 million homes, according to the National Association of Realtors. While there have been recent signs of improvement for housing supply, it's not enough to solve the underlying constraint in the U.S. housing market. 'It's ok if you wait a few years'The Property Brothers Drew Scott (L) and Jonathan Scott.

Persons: Drew Scott, Jonathan Scott, Jonathan, Jason Davis Organizations: Census, Federal Reserve, CNBC, National Association of Realtors, Construction, Getty Locations: U.S

☆ My wife and I gave up $1 million in Big Tech pay to move from California back to India. I couldn't find purpose in the US.
▼ + stars: | 2024-10-07 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +6 min

AdvertisementThis as-told-to essay is based on a conversation with Nithin Hassan, who moved from California to Bengaluru, India, in 2023 to launch his startup. I grew up in and around Bengaluru, India, in the late 1990s and 2000s. I got married in 2013, and my wife also worked in Big Tech in the US. My wife is still working at a Big Tech company and spends much more time commuting than she did back in the US. Did you leave Big Tech to pursue a career in a completely different field?

Persons: Nithin Hassan, Hassan, —, We've Organizations: Meta, Service, Cisco, Amazon, Microsoft, Big Tech Locations: California, Bengaluru, India, Big, Bay

☆ Tyre Nichols trial update: Former officer testifies
▼ + stars: | 2024-09-17 | by ( Associated Press | ) edition.cnn.com time to read: +6 min

The four men, along with fellow officer Desmond Mills Jr., were fired after the January 2023 death of Nichols. For the first time in the trial, jurors heard from one of the officers who beat Nichols. Haley eventually stopped Nichols’ Nissan, pulled out his gun and snatched Nichols from his vehicle without telling Nichols why he was stopped. Former officer: Memphis officers are not trained to punch or kick peopleVideo also shows the officers milling about and talking as Nichols struggles with his injuries. In this still from video released by the City of Memphis, officers from the Memphis Police Department beat Tyre Nichols on a street corner.

Persons: Tyre Nichols, Emmitt Martin III, Tadarrius Bean, Demetrius Haley, Justin Smith, Nichols, Desmond Mills Jr, Martin, Mills, —, Ben Crump, Haley, Nissan, ” Martin, Jan, Elizabeth Rogers, “, Larnce Wright, Wright, Martin Zummach, handcuff Nichols, Zummach, Smith, ” Zummach, ” Kevin Whitmore, Bean’s, ” Wright Organizations: Tennessee AP, Memphis, Scorpion, Memphis police, City, Memphis Police Department Locations: Memphis, Tennessee, City of Memphis, City

The officer knocks on the driver’s side window and asks why Hill does not have a seat belt on, and Hill tells him several times, “Don’t knock on my window like that.”A Miami-Dade motorcycle officer forcibly extracts Tyreek Hill from his vehicle Sunday. The window then goes up, prompting the officer to knock on the rolled-up window again and tell Hill to keep it down. an officer — not the one who pulled Hill over and knocked on his window — appears to say as Hill is on the ground, the video shows. In the video, Hill is saying something while he is on the ground, but the audio of what he says is hard to make out. "'What if I wasn’t Tyreek Hill?’ is a question that will carry with resounding impact."

Persons: Hill, We’re, he'll, —, “, ” Hill, Jonnu Smith, Calais Campbell, Campbell, handcuffing Campbell, It's, Drew Rosenhaus, Stephanie Daniels Organizations: NFL, Miami Dolphins, Dade, Miami Dade Police, Dolphins, NBC News, ” Dolphins, NBC South, Dade Police Locations: Miami Gardens, Miami, NBC South Florida, Tyreek

☆ NFL Power Rankings Week 2: Let’s overreact! Chargers, Bucs up; Bengals, Falcons down
▼ + stars: | 2024-09-10 | by ( Josh Kendall | ) www.nytimes.com time to read: +23 min

Baltimore Ravens (0-1)Last week: 3Thursday: Lost to Kansas City Chiefs 27-20Lamar Jackson can’t keep this up. New York Jets (0-1)Last week: 13Monday: Lost to San Francisco 49ers 32-19Let’s focus on the positive: Aaron Rodgers made it through Week 1 perfectly healthy. Cincinnati Bengals (0-1)Last week: 9Sunday: Lost to New England Patriots 16-10Ja’Marr Chase didn’t have a great negotiating week. Atlanta Falcons (0-1)Last week: 15Sunday: Lost to Pittsburgh Steelers 18-10The Falcons spent big on free-agent quarterback Kirk Cousins in the offseason. Cleveland Browns (0-1)Last week: 11Sunday: Lost to Dallas Cowboys 33-17Let’s review the Deshaun Watson situation.

Persons: we’re, Dallas, we’ll, Xavier Worthy, Rashee Rice, Travis Kelce, Xavier, Christian McCaffrey, Heck, Kyle Shanahan, Jordan Mason, McCaffrey, Mason, Brandon Aiyuk, Francisco, Josh Allen, He’s, Steve Young, Keon Coleman, Terrel Bernard, Matt Milano, Joe Mixon, “, ”, Stefon Diggs, Nico Collins, Dan Campbell’s, Jared Goff, David Montgomery, Jameson Williams, Saquon Barkley, Jalen, Jason Kelce, Dak Prescott, Prescott, Tua Tagovailoa, opkRevcnUI, Justin Herbert, Dobbins, Jim Harbaugh, Harbaugh, Baker Mayfield, Mayfield, Baker, Wsb0UiW5hR — Chase Daniel, Derek Carr, Alvin Kamara, Mike Macdonald’s, Kenneth Walker’s, Tariq Woolen, Devon Witherspoon, Macdonald, Mike Macdonald's, Mike Tomlin, Chris Boswell, Justin Fields, Russell Wilson, Kirk Cousins, J.J . McCarthy, Sam Darnold, Darnold, Aaron Jones, Dallas Turner, Keion White, Rhamondre Stevenson, Jacoby Brissett, Drake Maye, Brissett, Bill Belichick, Caleb Williams, D’Andre Swift, Rome Odunze, Greenberg, Lamar Jackson can’t, Jackson, Patrick Mahomes, Derrick Henry, Henry, Anthony Richardson, Alec Pierce, Puka, Matthew Stafford, Cooper Kupp, Kupp, Stafford, Aaron Rodgers, Allen Lazard, Malik Willis, Love, Trevor Lawrence’s, Gabe Davis, Brian Thomas Jr, Marvin Harrison Jr, Maxx Crosby, Christian Wilkins, Antonio Pierce, Chase didn’t, Chase, Tee Higgins, Joe Burrow’s, Will Levis, Levis, Tony Pollard’s, Bo Nix, Joe Nicholson, Sean Payton, Sean McVay, Cousins, Jayden Daniels, Daniels, Tom Brady, Daniel Jones, Barkley, Jones, Malik Nabers, KrhmYcX77S — Alex Wilson, Bryce Young’s, “ We’ve, Dave Canales, Adam Thielen’s, Watson, it’s, Khalil Shakir, Dalton Kincaid, Bryan M, Bennett Organizations: Bears, Texans, NFL, Cleveland Browns, Baltimore Ravens, Chiefs, Super, Bengals, Beat New York Jets, 49ers, Niners, Minnesota Vikings, Beat Arizona Cardinals, Nine Bills, Miami Dolphins, Beat Indianapolis, Cincinnati Bengals, Chicago Bears, Los Angeles Rams, Lions, Tampa Bay Buccaneers, Rams, Green Bay Packers, New York Giants, Former Giants, Atlanta Falcons, Dallas Cowboys, Beat Cleveland Browns, Cowboys, Cleveland, New, New Orleans Saints, Beat Jacksonville Jaguars, Dolphins, Buffalo Bills, Las Vegas Raiders, Ravens, Carolina Panthers, Browns, Panthers, NFC, Detroit Lions, Beat Carolina Panthers, New Orleans, Saints, Beat Denver Broncos, Seattle, New England Patriots, Seahawks, Beat Atlanta Falcons, Steelers, Denver Broncos, Beat New York Giants, Vikings, Atlanta, Eight Vikings, Minnesota, San Francisco 49ers, Beat Cincinnati Bengals, Seattle Seahawks, Beat Tennessee Titans, Houston Texans, Kansas City Chiefs, Indianapolis Colts, Colts, Detroit, Arizona Cardinals, New York Jets, Tennessee Titans, Philadelphia Eagles, Packers, Jacksonville Jaguars, Jacksonville, 33rd Team, Jaguars, Dallas, Los Angeles Chargers, The Raiders, Chargers, Chicago, ET Broncos, Broncos, Pittsburgh Steelers, Falcons, Washington, Fox, Eagles, Carolina Locations: Dallas, Houston, South America, New Orleans, J.K, Tampa Bay, Carolina, England, Baltimore, Jordan, Brazil, Dak, Arizona, Cincinnati, That’s, Tennessee, Seattle, USA, Denver

☆ What to expect from the housing market in the second half of 2024, according to real estate experts
▼ + stars: | 2024-06-10 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +3 min

While the market is seeing more listings, the boost in supply is not enough to attract buyers, according to Doug Duncan, senior vice president and chief economist at Fannie Mae. "Mortgage rates are down a bit from May highs, but that hasn't spurred a surge of competition among buyers in the housing market," Divounguy said. Many experts believe the Federal Reserve will likely hold interest rates in the upcoming board meeting on June 12. However, the National Association of Realtors forecast a potential interest rate cut by the fall of this year, according to Jessica Lautz, the NAR's deputy chief economist. 'It's hard to foresee prices really cooling'While the housing market has slowed in terms of the number of transactions, prices haven't soften despite broader expectations, Ostrowski explained.

Persons: Orphe Divounguy, Realtor.com, Kelman, Doug Duncan, Fannie Mae, Duncan, Freddie Mac, hasn't, Divounguy, Jessica Lautz, Ostrowski Organizations: Realtor.com, CNBC, Federal Reserve, Reserve, National Association of Realtors Locations: U.S

☆ New home sales inch higher despite 7% mortgage rates: 'There's more opportunity,' economist says
▼ + stars: | 2024-04-26 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +1 min

While the spring housing market has been plagued with low supply, high prices and spiking interest rates, would-be homebuyers are focusing on new construction. New homes have more incentives and availability than previously owned ones. "There's more opportunity in new construction," said Nicole Bachaud, a senior economist at Zillow Group. Meanwhile, sales for previously owned homes dropped by 3.7% from March 2023, the National Association of Realtors found. With 30-year fixed-rate mortgage rates sitting above 7%, homeowners who bought at much lower rates in recent years don't like the prospect of trading in their low rate for a higher one.

Persons: Nicole Bachaud, Biden, Bachaud Organizations: Zillow, . Census, U.S . Department of Housing, Urban Development, National Association of Realtors, Finance, Buyers Locations: U.S

☆ Israeli doctor says detained Palestinians are undergoing ‘routine’ amputations for handcuff injuries, Haaretz reports
▼ + stars: | 2024-04-06 | by ( Lauren Kent | ) edition.cnn.com time to read: +5 min

CNN —A doctor at a field hospital for detained Palestinians at Israel’s Sde Teiman army base has described “deplorable conditions” and “routine” amputations due to handcuff injuries, according to an exclusive report from the newspaper Haaretz. “Just this week, two prisoners had their legs amputated due to handcuff injuries, which unfortunately is a routine event,” the doctor said in the letter, according to the Haaretz report on Thursday. CNN spoke to a source who has a medical background and previously visited the Sde Teiman field hospital. The medical source highlighted the systematic “dehumanizing” of detainees at the field hospital, which they described as a large “tent” that is “not insulated” from the elements. “We were asked not to use our names,” the medical source told CNN, adding that the Gazan prisoners were identified by serial numbers, rather than their names.

Persons: ” Organizations: CNN, Haaretz, ” Haaretz, Israel Defense Forces, IDF, Physicians for Human Rights, Human Rights, “ Locations: Israel, Beer, Gaza

☆ The Guantánamo Spy Who Wasn’t
▼ + stars: | 2024-04-04 | by ( Tamara Audi | ) www.nytimes.com time to read: +1 min

They walked him into an empty bathroom, where they searched his pockets and removed a small Quran that he always carried as an observant Muslim. They told him they had some questions, but they didn’t want to talk in the restroom; he would have to come with them. Al-Halabi told them he was worried about making his flight, but he agreed. He was too embarrassed to look up, but he felt their eyes on him. The agents led him to a waiting car and drove to a small office nearby.

Persons: Halabi, ”, “, Tommy Hilfiger Organizations: Air Force Locations: Jacksonville, Fla

☆ Pro-Trump and anti-Trump Republicans agree on one thing: He will be the nominee
▼ + stars: | 2024-02-03 | by ( Daniel Strauss | ) edition.cnn.com time to read: +8 min

Trump is going to be the nominee of the Republican Party unless something drastic happens over the next few months,” said Alabama Republican Party chairman John Wahl. Republicans are ready to get there as well.”The confidence among the body of 168 RNC committee members reflected the former president’s dominance and enduring grip over much of the GOP. Still, Shawn Steel, a RNC committee member from California, brushed off the danger of that scenario for the GOP ticket. Still, other RNC committee members worry that the multiple court cases could distract from making the election about Biden’s record. “The criticisms generally at (RNC chair Ronna McDaniel) are coming from Trumpers,” said Bill Palatucci, an RNC committee member from New Jersey who sometimes clashes with the more pro-Trump Republicans.

Persons: Donald Trump, “, Trump, ”, John Wahl, They’ve, Nikki Haley, Rob Steele, Steele, Haley, Lindsey Graham, Tim Scott, Henry McMaster, Nancy Mace, Evan Power, Shawn Steel, Steel, “ There’s, ” Steel, ” Richard Porter, Biden’s, Biden, ” Henry Barbour, Ronna McDaniel, Bill Palatucci, Don’t Gamble, McDaniel’s, Kristina Karamo, Pete Hoekstra, Joe Lombardo, Lombardo Organizations: Las Vegas CNN, Republican, Committee, Trump, Republican Party, Alabama Republican, Republicans, GOP, Trump’s, RNC, Gov, South Carolina, Florida Republican, Trump –, Trump Republicans, Michigan GOP, Nevada Gov Locations: Las Vegas, Michigan, Iowa, New Hampshire, South Carolina, Sens, Florida, California, Illinois, Mississippi, Trumpers, New Jersey, Nevada

For instance, the U.S. has blocked shipments of cotton coming from China, a top manufacturer of popular clothing brands, because it was produced by forced or prison labor. While prison labor seeps into the supply chains of some companies through third-party suppliers without them knowing, others buy direct. Cargill acknowledged buying goods from prison farms in Tennessee, Arkansas and Ohio, saying they constituted only a small fraction of the company’s overall volume. For instance, about a dozen state prison farms, including operations in Texas, Virginia, Kentucky and Montana, have sold more than $60 million worth of cattle since 2018. “What for?”FOLLOWING THE MONEYThe business of prison labor is so vast and convoluted that tracing the money can be challenging.

Persons: it’s, Willie Ingram, “ They’d, billy clubs, they’d, ”, Ingram, didn’t, they’re, don’t, Andrea Armstrong, Frank Dwayne Ellington, Ellington, Koch, “ It’s, it’s somebody’s, Alishia Powell, Clark, “, Bunge, Louis Dreyfus, Archer Daniels, Cargill, ” McDonald’s, Mills, ” Bunge, Burger, Jermaine Hudson, ” Hudson, Calvin Thomas, Thomas, Ken Pastorick, Pastorick, Jennifer Turner, Faye Jacobs, Jacobs, ’ ” David Farabough, they’ve, Joshua Sbicca, Cliff Johnson, Jimmy Dean, Sara Lee, Tyson, Brevard County Sheriff Wayne Ivey, that’s, ” Ivey, “ They’re, ’ ”, William “ Buck ” Saunders, Hickman’s, Brooke Counts, Counts, John’s, Jack Strain, Tammany Parish, Russell Stover, Curtis Davis, Robert Bumsted, Cody Jackson, Columbia University’s Ira A, Lipman Organizations: Louisiana State Penitentiary, The Associated Press, Walmart, Cargill, U.S, Kroger, Target, Aldi, Corrections, Loyola University New Orleans, Koch Foods, Occupational Safety, Health Administration, Washington, Archer Daniels Midland, Consolidated, AP, Foods, Dairy Farmers of, Big, Sam’s, Tyson Foods, U.S ., Civilian, OSHA, Fair Labor, American Civil Liberties, Colorado State University, MacArthur Justice Center, University of Mississippi, PepsiCo, Brevard County Sheriff, Arizona . Companies, Costco, Correctional, Prisons, Nut, Maine Foods, Taylor Farms, Transitional, Associated Press, Public Welfare Foundation, Columbia, Lipman Center for Journalism, Arnold Ventures Locations: ANGOLA, La, Southern, Louisiana, Texas, In Louisiana, Angola, United States, “, Ashland, U.S, China, Tennessee , Arkansas, Ohio, Dairy Farmers of America, Texas , Virginia, Kentucky, Montana, Baton Rouge, Mississippi, Manhattan, America, Alabama, American, Arkansas , Texas, Florida , Alabama, South Carolina, Georgia, Arkansas, In Alabama, Florida, Brevard County, Arizona, Wisconsin, California, Colorado, state’s St, Tammany, Idaho, In Kansas, Cal, St, Francisville , Louisiana, Feliciana, Investigative@ap.org

☆ Mayor Adams Vetoes Police Transparency and Solitary Confinement Bills
▼ + stars: | 2024-01-19 | by ( Jeffery C. Mays | ) www.nytimes.com time to read: +1 min

After a failed and unusually protracted effort to convince the New York City Council to rescind a bill requiring the police to document more of their interactions with the public, Mayor Eric Adams vetoed the legislation Friday, arguing that it would harm public safety. “We cannot handcuff the police,” Mr. Adams said at a news conference at City Hall, where he was surrounded by community supporters and police officials. “We want to handcuff bad people for violence.”Hours later, the mayor also vetoed a bill that would ban solitary confinement in the city’s jails. That Mr. Adams, a former police captain who ran for mayor on a platform of public safety, would oppose the bills is not surprising. The mayor said on Friday that he had conversations with numerous Council members about the bills, suggesting that he may have persuaded some to oppose the policing legislation, in particular.

Persons: Eric Adams, ” Mr, Adams, Mr, — Organizations: New, New York City Council, City Hall Locations: New York

The Camden County Sheriff's Office hired him nine months later. His file shows Aldridge was disciplined for using unnecessary force in February 2014 and May 2017. The department fired Aldridge for his third infraction just three months later. “It's just not worth the risk.”Bessent and other advocates say it’s an example of Camden County Sheriff Jim Proctor tolerating unnecessary violence. After one car crashes, body and dash camera video shows Aldridge shouting expletives as he approaches with his gun drawn.

Persons: Buck Aldridge, Leonard Cure, Aldridge, ”, Timothy Bessent Sr, Neill Franklin, they’re, Franklin, “ It's, ” Bessent, Camden County Sheriff Jim Proctor, Proctor, Larry Bruce, Jarrett Hobbs, Hobbs, jailers, “ You’ve, Harry Daniels, Christine Newman, Newman, Robert Persse, Louis Dekmar, Dekmar, Mike Spiers, “ Buck Aldridge, Adrienne Browning, “, Cure, That's, Thaddeus Johnson, ” Johnson, expletives, Johnson Organizations: Camden County sheriff's, The Associated Press, Sheriff's Office, Georgia Bureau of Investigation, Camden, Camden County’s NAACP, AP, U.S . Marine, Kingsland Police, Police, Maryland State Police, Baltimore Police Department, Camden County Sheriff, International Association of Chiefs, Georgia State University, Criminal Locations: Camden, Georgia, Florida, Camden County’s, Kingsland, Georgia's, Camden County, Hobbs, LaGrange , Georgia, Franklin, Memphis

☆ An off-duty pilot said he tried to down a plane to 'wake up' from a bad magic mushrooms trip
▼ + stars: | 2023-11-11 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +4 min

An off-duty Alaska Airlines pilot is accused of trying to turn off a plane's engines mid-flight . He said that he did it because he was trying to "wake up" from a bad psychedelic mushroom trip. The pilot suffered from mental health issues but said he didn't seek help as he feared losing his job. AdvertisementAdvertisementAn off-duty pilot accused of trying to crash an Alaska Airlines flight said he attempted to down the plane to "wake up" from a bad psychedelic trip. "A lot of us aren't as forthcoming as we otherwise would be," Emerson told The Times.

Persons: didn't, —, Joseph Emerson, Emerson, handcuff Organizations: Alaska Airlines, Service, The New York Times, The Times, Times Locations: Alaska, Portland

☆ US Marshals had to clear a courtroom and rush the judge out after a Capitol rioter started brawling with security trying to handcuff him: reports
▼ + stars: | 2023-10-30 | by ( Sonam Sheth | ) www.businessinsider.com time to read: +3 min

US marshals cleared a courtroom after a Capitol rioter started a brawl with federal agents, reports say. Vitali GossJankowski let out "guttural screams" while resisting agents, CBS News' Scott MacFarlane reported. AdvertisementAdvertisementA convicted Capitol rioter got into a fight with federal agents and security officials at a court appearance on Monday, prompting US marshals to clear the courtroom and rush the judge out, according to reporters who were in the courtroom. But things devolved when GossJankowski refused to surrender to agents and resisted their efforts to handcuff him, CBS News' Scott MacFarlane reported. US marshals quickly ordered the courtroom to be cleared as GossJankowski made "guttural screams" while trying to fight off the agents, MacFarlane wrote.

Persons: Vitali GossJankowski, Scott MacFarlane, GossJankowski, —, Capitol rioter, Paul Friedman, handcuff, MacFarlane, WUSA's Jordan Fischer, CSOs Organizations: Capitol, CBS, Service, feds, U.S, Marshals, FBI

Google's search engine earned its huge market share by almost instantaneously presenting people with helpful information culled from the billions of websites that have been indexed since former Stanford University graduate students Larry Page and Sergey Brin developed the technology during the late 1990s. These agreements don’t preclude users from switching to a different search engine in their settings, but it’s a tedious process that few people bother to navigate. “You get up in the morning, you brush your teeth and you search on Google,” Nadella said. “Google must think they getting a great benefit from those default agreements, but maybe they're really not worth that much,” Olson said. That would be ironic.”Although the trial is focused on Google's search engine, a government victory could have more sweeping consequences across the technology industry if Mehta decided all default settings are anti-competitive and outlaws all defaults in the settings.

Persons: it's, Judge Amit Mehta, Mehta, “, ”, Luther Lowe, Larry Page, Sergey Brin, Department's, Bing, Satya Nadella, ” Nadella, Bing —, Nadella, Florian Schaub, ” Schaub, Eddy Cue, David Olson, ” Olson, Siri Organizations: Google, U.S, Justice Department, Stanford University, Apple, Microsoft, University of Michigan, Verizon, Boston College Law School Locations: U.S, Europe

Haynes, 30, had been arrested earlier in the day on murder charges relating to an Aug. 12 shooting in the district. His escape prompted a several-hour shelter-in-place order last week for the entire GW campus and brief roadblocks on nearby streets. Police were able to provide an image last week of Haynes wearing a black t-shirt and gray briefs and moving through a local backyard. There were so many new twists that the public became fixated on what's coming next," Levin said. But Haynes escaped in the midst of a large city not far from a subway station.

Persons: Danelo Souza Cavalcante, Christopher Haynes, Haynes, Brian Levin, ” Levin, ” Haynes, gurney, Pamela Smith, Levin, haven't, “, Bonnie, Clyde, John Dillinger, Face Nelson, ” Organizations: WASHINGTON, George Washington University Hospital, Police, California State University San Bernardino, Prison, Hollywood, Metropolitan Police Department, ” Police, MPD Locations: Pennsylvania, Cavalcante, Chester, Washington

Venture capital investor Bill Gurley, a partner at Benchmark, said founders he works with believe Meta 's new large language model, Llama 2, has the "most momentum" in the battle of the large artificial intelligence models. Gurley told CNBC's Julia Boorstin Monday that the open-source nature of Meta's product is threatening to other leaders in the AI space. AI researchers typically compare LLMs when the software performs specific tasks. For instance, some AI researchers have found that Llama 2 outperforms other similar open-source AI language models and is on par with proprietary systems like OpenAI's ChatGPT. Google followed suit with its latest large language model called PaLM 2 in May, which powers the Google's generative AI features like its chatbot Bard.

Persons: Bill Gurley, Gurley, CNBC's Julia Boorstin, Meta, Bard Organizations: Microsoft, CNBC, Meta, Google Locations: OpenAI

COLUMBUS, Ohio (AP) — Ohio authorities on Friday released additional bodycam and surveillance footage of the events leading up to the death of Ta’Kiya Young, a 21-year-old pregnant Black mother fatally shot by police in a grocery store parking lot late last month. They have called for the officer, whose name has not been released, to be fired and charged in her death. Earlier this week, police released bodycam footage showing the officer firing the gun. The additional security footage made public on Friday shows Young and two other women walking around the liquor department of the Columbus-area store. Political Cartoons View All 1148 ImagesThe additional bodycam footage also shows police officers quickly rendering medical aid to Young after she is shot.

Persons: Ta’Kiya Young, Black, Young, Sean Walton, Walton, John Belford, ___ Samantha Hendrickson Organizations: —, Columbus -, tote, Police, Associated Press, America Statehouse News Initiative, America Locations: COLUMBUS , Ohio, — Ohio, Columbus, Blendon, Ohio

☆ Mortgage rate tipping point: Homeowners say roughly 5% is the magic number to move
▼ + stars: | 2023-09-05 | by ( Jessica Dickler | ) www.cnbc.com time to read: +4 min

Higher interest rates created a 'golden handcuff' effectSince it's unlikely rates will drop anytime soon, this has created a so-called golden handcuff effect. Similar to the financial incentives employers may offer to discourage employees from leaving a company, homeowners are now bound by their low mortgage rate. They don't want to move now and give up that low rate to buy at a higher rate. Between 1978 and 1981, mortgage rates similarly doubled from around 9% to more than 18%, compelling more homeowners to hold on to their homes. However, "mortgage rates weren't at record lows in the late 70s before they started to skyrocket in the early 80s, nor did home prices increase as rapidly," Channel said.

Persons: Nicole Bachaud, Bachaud, John Burns, Tomas Philipson, Bob, Terri Wood, Bob Wood Bob Wood, Terri, It's, Wood, he'd, Greg McBride, Jacob Channel Organizations: Finance, John Burns Research & Consulting, University of Chicago, White House Council, Economic Advisers, CNBC Locations: Mobile , Alabama, Tennessee, LendingTree

CNN —One of Ukraine’s most powerful oligarchs has been arrested in a fraud investigation, state media in the country are reporting. A Kyiv court on Saturday ordered Ihor Kolomoisky, a key supporter of Ukrainian President Volodymyr Zelensky’s 2019 presidential campaign, to 60 days in pre-trial detention while authorities investigate fraud charges against him, reported Ukrinform. Kolomoisky’s media and banking businesses have made him one of the richest men in Ukraine. Video and photos showed Kolomoisky being led away from the district court in Kyiv. Earlier this year Zelensky fired a slew of senior Ukrainian officials over a corruption scandal linked to the procurement of war-time supplies.

Persons: Ihor Kolomoisky, Volodymyr Zelensky’s, Kolomoisky, Ukrinform, –, ”, Vasyl Maliuk, Zelensky, Arsen Avakov, Avakov Organizations: CNN, US State Department, State Department, Security Service of Ukraine, of Economic Security, General’s, Kolomoisky, “ Locations: Ukraine, Shevchenkivskyi, Kyiv, Europe, Russia

☆ Why so many Americans feel trapped in their homes by their low-rate mortgages
▼ + stars: | 2023-08-01 | by ( Jessica Dickler | ) www.cnbc.com time to read: +4 min

Saul Loeb | AFP | Getty ImagesThe recent spike in mortgage rates has created a so-called golden handcuff effect. For homeowners, a low mortgage rate is similar. Nearly 82% of home shoppers said they felt "locked-in" by their existing low-rate mortgage, according to a recent survey by Realtor.com. Between 1978 and 1981, mortgage rates similarly doubled from around 9% to more than 18%, compelling more homeowners to hold on to their homes. Mortgage rates may not return to sub-3% levels again anytime soon — if ever.

Persons: Bob, Terri Wood, Bob Wood Bob Wood, Terri, It's, Wood, Tomas Philipson, Philipson, Saul Loeb, he'd, Zillow, Greg McBride, Sam Khater, Freddie Mac's, Jacob Channel Organizations: University of Chicago, White House Council, Economic Advisers, AFP, Getty, Jacob Channel Locations: Mobile , Alabama, Tennessee, Arlington , Virginia, Bankrate.com, LendingTree

☆ Texas police held a Black family at gunpoint and handcuffed their son after an officer mistyped while running their license plate
▼ + stars: | 2023-07-30 | by ( Katie Hawkinson | ) www.businessinsider.com time to read: +3 min

Texas officers pulled over a Black family after mistyping while running their license plate. The officers pointed their guns at the couple as they commanded them to leave the car and even handcuffed their son. While running the car's license plate, officers mistakenly told their system the plate was from Arizona. The woman repeatedly told officers the car belonged to her and even clarified she's from Arkansas, not Arizona, body cam footage from another office shows. "We made a mistake," Frisco Police Chief David Shilson said in the department's later statement.

Persons: she's, David Shilson, David Henderson, I've Organizations: Frisco Police, Service, Privacy, Police, Dallas North Tollway, Frisco Police Department, Dallas Morning News Locations: Wall, Silicon, Frisco , Texas, Arizona, Arkansas

☆ I know Evan Gershkovich, who has now been imprisoned in Russia for 100 days. Here's what I want you to know about one of my closest friends.
▼ + stars: | 2023-07-07 | by ( Jeremy Berke | ) www.businessinsider.com time to read: +9 min

The journalist Evan Gershkovich has been in captivity in Moscow for 100 days on espionage charges. My friend Evan Gershkovich, many of you now know, was captured by the Russian government on March 29. Evan loves his friends. Evan loves the Mets, and he loves Arsenal, and he especially loves sharing those teams with people who aren't already under the spell. Natalia Kolesnikova/AFP/Getty ImagesLet's bring Evan homeFor everyone who is friends with Evan, for everyone in his orbit, he's the center of their world.

Persons: Evan Gershkovich, He's, extrovert who'd, Jeremy Berke, Evan, he'd, Gershkovich, It's, —, Yevgeny Prigozhin, Berke, He'll, we'd, Natalia Kolesnikova, — who've, Let's, we've, We've, he's, I'm, Jeremy Organizations: Moscow, Morning, CNN, Wall Street, Bowdoin College —, New York Times, Russia's, Muscovites, West, Arsenal, Mets, Court, Getty, Columbia Business School Locations: Moscow, Russian, New York, Soviet Union, New Jersey, Russia, Ukraine, Brooklyn, AFP

☆ 100 days captive: Journalist Evan Gershkovich is one of my closest friends. Here's what the world needs to know about him.
▼ + stars: | 2023-07-07 | by ( Jeremy Berke | ) www.businessinsider.com time to read: +9 min

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