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☆ GDP report Wednesday expected to show more growth, less inflation
▼ + stars: | 2024-10-29 | by ( Jeff Cox | ) www.cnbc.com time to read: +3 min

The Commerce Department is expected to report Wednesday that gross domestic product grew at a hardy 3.1% annualized pace in the third quarter, adjusted for seasonality and inflation, according to the Dow Jones consensus forecast. Along with that, the release is expected to show that inflation moved closer or perhaps even below the Federal Reserve's 2% target. The Fed uses the personal consumption expenditures price index, included in the GDP estimate, as its primary inflation gauge. The report, then, should indicate a solid economy and easing inflation , the latter at least on a relative basis from how things looked a year ago. "Overall, another quarter of above-trend growth and a benign inflation reading will be welcomed by the Fed."

Persons: Dow, Oliver Allen, Allen, nudging, Alice Zheng Organizations: Commerce Department, Fed, Pantheon, stoke, Citigroup, Citi Locations: U.S

☆ Opinion | The Fed’s Big Rate Cut Wasn’t Political. It Was an Economic No-Brainer.
▼ + stars: | 2024-09-19 | by ( Paul Krugman | ) www.nytimes.com time to read: +1 min

In one sense, you could say that Wednesday’s decision by the Federal Reserve to cut rates was of minimal importance. The interest rate the Fed more or less directly controls — the federal funds rate — is the rate at which banks lend one another money overnight. For one thing, Fed rate changes tend to percolate into longer-term interest rates that really do matter for the economy. For example, the series of rate hikes the Fed undertook in 2022 and 2023 drove 30-year fixed mortgage interest rates up to almost 8 percent from about 3 percent. Most of their decisions are based on the same data about unemployment, inflation and so on available to anyone with an internet connection.

Persons: Jerome Powell, don’t Organizations: Federal Reserve

☆ A big Fed meeting looms in the week ahead as economic concerns percolate
▼ + stars: | 2024-09-13 | by ( Sarah Min | ) www.cnbc.com time to read: +5 min

The Federal Reserve is set to meet Tuesday and Wednesday — and is is widely anticipated to make its first interest rate cut after embarking on a hiking campaign in March 2022. As it is, stocks are headed for a winning week ahead of the meeting. On Friday, the CME FedWatch tool showed markets were split how big the rate cut would be. Investors will also watch what Fed policymakers will signal in its summary of economy projections regarding future policy moves. He worries that stocks will rally heading into the central bank meeting, with investors possibly selling the news afterward.

Persons: It's, disinflation, Chadha, CNBC's, Dave Sekera, Giuseppe Sette, Sette, BTIG's Jonathan Krinsky, Morningstar's Sekera, Bank Asset Management Group's Bill Northey, Mills, homebuilder Organizations: Federal, Deutsche Bank, Dow Jones, Nasdaq, Morningstar, U.S, Bank Asset Management Group's, Olive, Darden, FedEx, Index, Retail, Manufacturing, Housing, Philadelphia Fed Locations: U.S, Olive Garden, NAHB

☆ Harris bests Trump in debate, but there’s no guarantee it will shape the election
▼ + stars: | 2024-09-11 | by ( Stephen Collinson | ) edition.cnn.com time to read: +17 min

Harris and Trump didn't interact after the debate ended Saul Loeb/AFP/Getty Images Trump speaks during the debate. Chip Somodevilla/Getty Images Trump supporter Pat Tuttle watches the debate from Jonathan's Grille in Nashville, Tennessee. Saul Loeb/AFP/Getty Images Harris averages 49% support across recent polls while Trump stands at 48% in the latest CNN Poll of Polls . Matthew Hatcher/AFP/Getty Images Trump and Harris shake hands at the start of the debate. Harris introduced herself by name and said, “Let’s have a good debate.” Trump responded: “Nice to see you.

Persons: Donald Trump, Kamala Harris, strode, Harris, Trump, Mike Tyson’s, ”, didn’t, Joe Biden, David Muir, Linsey Davis, Michael Le Brecht, Sean Hannity, CNN's Kaitlan Collins, Collins, Chip Somodevilla, Douglas Emhoff, Saul Loeb, Alex Brandon, Pat Tuttle, George Walker IV, Sen, John McCain, Tristen Rouse, CNN Trump, Win McNamee, Adam Gray, Doug Mills, CNN Harris, peppering, Sheena Carey, Morry Gash, he’d, “, ” Trump, Christine Rogers, Matthew Hatcher, ” Saul Loeb, Roberto Schmidt, Andrew Thomas, Robert F, Kennedy Jr, Kennedy, Jim Lo Scalzo, Anthony Scaramucci, Olivia Troye, Matt Rourke, Hannah Beier, Lilly, Evelyn Hockstein, Matt Slocum, Kenny Holston, don’t, George W, Bush, it’s, they’ve, There’s, Biden, Taylor Swift, Tim Walz, Harris didn’t, unaccountably, JD Vance, Barack Obama’s, she’s, Viktor Orban, Trump’s, hadn’t, Vladimir Putin, “ You’re, you’re Organizations: CNN, ABC News Trump, Fox News, National Constitution Center, Getty, Trump, Pennsylvania Convention Center, Images, Affordable, People, Nasdaq, New York Times, Bloomberg, AP, AP Trump, Philadelphia International Airport, AFP, Philadelphia City Hall, Former Trump, Reuters, ABC, Force, White, Central, Five, Biden Locations: America, Philadelphia, Pennsylvania, Nashville , Tennessee, Washington ,, New York, Milwaukee, United States, AFP, Afghanistan, –, Hungarian, Ukraine, Russia

☆ Cramer's Lightning Round: PayPal is a buy
▼ + stars: | 2024-09-11 | by ( Julie Coleman | ) www.cnbc.com time to read: 1 min

Rivian : "Rivian's got the money to be able to make it. That doesn't mean that the stock is a buy, it does mean they're going to make it. So, I would say you've got to let it percolate. But it's not anytime soon."

Persons: Rivian's, you've, it's

☆ The female 'founder mode' double standard
▼ + stars: | 2024-09-07 | by ( Melia Russell | Ben Bergman | ) www.businessinsider.com time to read: +9 min

From the moment Paul Graham dropped his essay on "founder mode," people online analyzed it like a stone tablet found bearing the new commandment of startupdom. But there's one group that has been privately wrestling with "founder mode" since before it had a meme-able name: female founders. Four female founders told Business Insider that a stark double standard prevents them from operating their startups as their male counterparts do. Bumble founder Whitney Wolfe Herd wrote on Instagram that she was "in founder mode for 10 years and got attacked for it every single day." But unlike female founders, he and Neumann, the WeWork founder, enjoy the luxury of being given second chances by investors.

Persons: Paul Graham, Tobias Lütke, Baron Davis, Jessica Lessin, Tim Cook, Satya Nadella, that's, There's, they'll, Amanda E, J Morrison, Julie Products, Adam Neumann, Sophia Amoruso, it's, Whitney Wolfe Herd, Morrison, We've, they're, Clara Brenner, They're, she's, Julie, Christie Horvath, Wagmo's, Horvath, there's, Anna Barber, Barber, Jenny Fielding, Fielding, Elon, Sara Mauskopf, Slack, Musk, Mauskopf, Neumann, It's, Ty Haney, athleisure —, Haney, Graham's Organizations: Service, Founders, Spotify, Urban Innovation Fund, CVS, M13 Ventures, Ventures, TechCrunch

☆ The chip industry uses as much water as the city of Hong Kong. Now factories are working to be more sustainable.
▼ + stars: | 2024-07-31 | by ( Helen Li | ) www.businessinsider.com time to read: +7 min

According to an S&P Global analysis, the global semiconductor industry consumed as much water in 2021 as the city of Hong Kong. Water consumption for chip fabs and data centers will rise as the demand for chips grows. The chip fabs stored the TCE underground, but tanks sometimes ruptured, leaking the chemical into the local groundwater and soil. Now, chip fabs must work with local governments to meet water management and waste disposal requirements. Several researchers are investigating ways to reduce and recycle water in chip manufacturing.

Persons: —, Prakash Govindan, Steve Proehl, Packard, Govindan, he's, fabs, Paul Westerhoff, TSMC, Jensen Huang, Huang, Anuradha Murthy Agarwal, Agarwal Organizations: Service, Business, Intel, AMD, Philips, Hewlett, Environmental, Agency, Arizona State University, Micron, Nvidia, MIT's Materials Research Laboratory Locations: Hong Kong, Taiwan, American, Santa Clara , California, Valley's Santa Clara County, . Arizona, Colorado, Phoenix, Denver

☆ Live Election Updates: R.N.C. to Spotlight Trump’s Hard-Line Vision on Immigration
▼ + stars: | 2024-07-16 | by ( Jonathan Weisman | ) www.nytimes.com time to read: +8 min

A majority of its members have deep ties to Mr. Biden and were vetted for their loyalty to him, making it unlikely that his nomination will face significant dissent. Mr. Biden, during an interview with NBC News that aired on Monday, reiterated that he was not leaving the race. “Look, 14 million people voted for me to be the nominee in the Democratic Party, OK?” he said. changed its process to nominate Mr. Biden to accommodate an Aug. 7 deadline to place him on the ballot in Ohio. In recent days, Mr. Biden has held several meetings with Democrats in the House that have ended with mixed reviews.

Persons: Biden, Tim Walz, Leah Daughtry, Biden’s, Wes Moore, . Walz, Eric Lee, Mr, “, Walz, “ Governor Walz, ” Teddy Tschann, ’, Jared Huffman, Huffman, ”, MAGA, ” Jaime Harrison, ” Mr, Jamie Kelter Davis, Trump, Aaron Regunberg, —, ” Daniella Ballou, Ms, Ballou, Aares, Kenneth P, Vogel Organizations: Democratic National Committee, Democratic National Convention, House Democrats, Gov, Democratic, Credit, New York, NBC News, Democratic Party, Democratic Party committees, Democratic Governors Association, “, Democrats, New York Times, Lawmakers, Biden, Ohio Republicans, MAGA Republicans, Republican, The New York Times, White Locations: Minnesota, Maryland, California, Ohio, Madison, Wis, Credit

And what everyone sort of expected to happen seems to be roughly what’s happening, which is that the populist right has consolidated a lot of support. So that’s sort of three-dimensional chess of one sort. That gets at the definition of populism, right? michelle cottleYeah, so but that kind of then lends itself to a backlash when you feel like things aren’t going right. carlos lozadaWell, I mean —ross douthatI think that’s all sincere.

Persons: lydia polgreen Ross, carlos lozada, lydia polgreen, michelle cottle, carlos lozada That’s, lydia polgreen That’s, Lydia Polgreen, michelle cottle I’m Michelle Cottle, ross douthat I’m Ross Douthat, carlos lozada I’m Carlos Lozada, We’ve, Ross, michelle cottle Woo, — ross douthat, lydia polgreen —, I’m, ross, — michelle cottle, ross douthat —, ross douthat, Emmanuel Macron, Macron, Silvio Berlusconi, Giorgia, Meloni, Brexit, It’s, populists, ”, Lozada, it’s, don’t, we’ll, that’s, we’ve, JD Vance, He’s, — carlos lozada, polgreen, Trumpist, who’s, Vance, we’re, Trump, — michelle cottle Woo, carlos lozada —, —, decries, — ross, won’t, carlos lozada Well, carlos lozada Don’t, Don’t, it’s — michelle cottle, I’ve, Trumpism, Donald Trump, michelle cottle Huey Long, Carlos, William Jennings Bryan, Michelle, Huey Long, George Wallace, Ross Perot, Pat Buchanan, Bernie Sanders, you’ve, Charles Coughlin, Richard Nixon, Ronald Reagan, Biden, unquote, nobody’s, he’s, JD Vance don’t, Robert Penn, Warren, Long, lydia polgreen Wow, ross douthat — Carlos Lozada, George Packer, lydia polgreen Go, carlos lozada Oh, that’s — carlos lozada —, lydia polgreen We’ll, carlos lozada It’s, lydia polgreen It’s Organizations: “ New York, Trump, Tories, National Health Service, Republican, Social Security, Republican Party, Chamber of Commerce, “ Times, Aspen Ideas, Nebraska Democrat, Tea Party, Occupy, Belt, Star Locations: “, Europe, France, United States, Italy, United Kingdom, South, British, Ohio, Middletown , Ohio, America, Sun Valley, Middletown, Louisiana, Alabama, China, Connecticut, Belt America, Florida , Texas, California, American, Texas, Mexico, Arizona

☆ Krasota: This fine-dining restaurant is bringing artificial intelligence to the dinner table
▼ + stars: | 2024-05-30 | by ( Rebecca Cairns | ) edition.cnn.com time to read: +10 min

But at Krasota, a fine-dining restaurant in Dubai, nothing is what it seems. This dish, from the recipe to the wall projection to the deep fake video of Bocuse, was designed by artificial intelligence (AI). It’s one of eight courses in “Imaginary Futures,” a multisensory dining experience at Krasota. For its AI scenario, Krasota’s co-founders — digital artist Anton Nenashev, chef Vladimir Mukhin, and entrepreneur Boris Zarkov — ceded control to technology. “Any technology that interferes with the social aspects of dining will not succeed,” such as headsets or goggles, says Spence.

Persons: Paul Bocuse, Bocuse, he’s, —, Anton Nenashev, Vladimir Mukhin, Boris Zarkov —, ”, it’s, Zarkov, Rebecca Cairns, “, Boris Zarkov, Krasota, Heston Blumenthal, Charles Spence, He’s, Spence, Zenon, ” Zarkov, “ Alice Organizations: CNN, Dubai CNN —, CNN Krasota Dubai, University of Oxford, “ Locations: Dubai, Krasota, Moscow, Tokyo, Hong Kong, California, Wonderland

☆ An early retiree explains the IRS rule he uses to withdraw $20,000 a year of his retirement money penalty-free even though he hasn't reached age 59 ½
▼ + stars: | 2024-05-11 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +7 min

Courtesy of Eric CooperThe idea of early retirement didn't start to percolate until 2019. "That's when I found the Mr. Money Mustache website and this article that explained the simple math behind early retirement and the 4% rule." According to the 4% rule, which helps retirees determine how much they can spend without running out of money, Cooper had a big enough portfolio to stop working. Using Rule 72(t) to access his retirement money without penaltyWhen you contribute to retirement accounts like a 401(k) and IRA, you can start taking penalty-free withdrawals after age 59½. He rolled over $300,000 because that's about how much money he'll need for a $20,000 annual distribution each year until he's 59 ½.

Persons: Eric Cooper, Cooper, I'd, Cooper's, didn't, I've, It's, you've, That's Organizations: Business, Google, IRS Locations: percolate, Louisville

Within days, millions of TikTok videos using music from Universal artists went mute, and since then guessing which side would blink first has become a media-business parlor game. Backing this up, one study found that TikTok users reported experiencing higher levels of flow than Instagram users. Corey Basch, who analyzed 100 popular TikTok videos with the hashtag mentalhealth for a 2022 study, emerged concerned about the looping effect of the algorithm. Cerave Sales increased by more than 60 percent in 2020 after skin care became a lockdown pastime and TikTok users discovered the drugstore mainstay. Cat Crack Catnip It briefly sold out in 2021 after TikTok users posted videos of their cats going crazy for it.

Persons: randos, TikTok, you’ve, Sydney Sweeney, Glen Powell, ”, “ Wonka, Barbie, “ Oppenheimer, —, goofing, cavorting, Sue Fleishman, Z’s Walter Cronkite, Spehar, Donald J, Trump, he’s, Caitlin Clark’s, Joe Biden, Justin Bieber, Abbie Richards, Richards, Britney Spears, Taylor Swift, Olivia Rodrigo, Lil Nas X, Fleetwood Mac, Rodrigo, Billie Eilish, Drake, Swift, ByteDance, can’t, Mark Warner, hasn’t, Al, ear on, Li Organizations: Fleetwood Mac, Facebook, Sony, Universal, Warner Bros, White, Pew Research Center, YouTube, The New York Times, Kansas City Chiefs, Media, Colgate, Universal Music Group, ByteDance, Intelligence Committee, e Locations: United States, Beijing, Biden’s, TikTok, Singapore, View, Calif, China, American

☆ Hurricane season 2024: Unprecedented ocean heat and La Niña could combine with dangerous effect
▼ + stars: | 2024-02-18 | by ( Mary Gilbert | ) edition.cnn.com time to read: +5 min

CNN —Hurricane season is months away, but the waters where hurricanes roam haven’t received the memo. North Atlantic temperatures typically only go up from here, climbing in spring and reaching a maximum in early fall when hurricane season also peaks. The earlier La Niña arrives, the sooner it would influence hurricane season. “If you don’t want an active hurricane season, you would need La Niña to wait as long as possible to begin,” McNoldy said. Forecasters with NOAA’s Climate Prediction Center believe La Niña could arrive as soon as summer, but more likely by fall.

Persons: haven’t, ” Brian McNoldy, “ We’ll, hasn’t, McNoldy, ” McNoldy, “, ”, Phil Klotzbach, Niña, Klotzbach, Rita, Irene, ” Klotzbach, El, Patrick T, Fallon, It’s, don’t Organizations: CNN, Hurricane, University of Miami, Central America, Colorado State University ., Getty Locations: West Africa, Central, Pacific, percolate, Hurricane, LaPlace, Louisiana, AFP

☆ Beware a Chinese Fall Stall
▼ + stars: | 2023-11-01 | by ( Nathaniel Taplin | ) www.wsj.com time to read: 1 min

A construction site by Country Garden in Tianjin, China. The developer is now fighting for survival. Photo: TINGSHU WANG/REUTERSIn July, when worries about China’s economic recovery were first beginning to percolate more widely, analysts fixated on a curious bit of language from the Politburo: the recovery was developing in a winding, “wave-like” manner. Nearly half a year later, that characterization is looking more and more apt.

Persons: TINGSHU WANG Organizations: Garden, REUTERS Locations: Tianjin, China

☆ Ukraine counteroffensive: Winter is coming to Ukraine, but Kyiv is adapting its tactics
▼ + stars: | 2023-10-01 | by ( Tim Lister | ) edition.cnn.com time to read: +12 min

And Kyiv has dramatically increased long-range missile and drone attacks against Russian military hubs: command centers, fuel and ammunition supplies, transport hubs. There is anecdotal evidence of this from other sources, but not to the degree that the Russian military machine would be damaged. Alexander Ermochenko/ReutersBut just as they seek to degrade Russian air defenses, the Ukrainians have made strides in improving their own. “Our air defense system has become even more comprehensive and experienced … By the winter, it will become even stronger.”Energy production has increased too. Ryan, the former Australian general, says Ukraine’s western partners must recognize and plan for this.

Persons: Franz, Stefan Gady, Michael Kofman, they’ve, It’s, Oleksandr Tarnavsky, ” Tarnavsky, Fred Pleitgen, Tarnavsky, Tony Radakin, Ukraine’s, it’s, WarZone, Gen, Kyrylo Budanov, “, ” Tarnovsky, Oleksandr Ratushniak, ”, Mick Ryan, Futura, Timchenko, Alexander Ermochenko, Denys Shmyhal, Jens Stoltenberg, Antony Blinken, Ryan, outlast, Robert Rose, Sergei Supinsky, Max Boot, ” Boot, Vladimir Putin Organizations: CNN, ”, Russian, Black, Sea Navy, Planet Labs, US Army Tactical Missile, Defense Intelligence, Aviation, Reuters, UK Defense Ministry, Arms Army, CAA, IRIS, Energy, US, Firefighters, Getty, Council for Foreign Relations Locations: Ukraine, Kharkiv, Kherson, Ukrainian, ” Ukraine, Crimea, Sevastopol, Russian, Crimean, Moscow, Russia’s, Australian, Mariupol, Donbas, Europe, United States, AFP, Russia

☆ Legendary investor Jeremy Grantham calls Elon Musk a 'wonderful propagandist' and warns home prices will fall 30%. Here are the best 10 quotes from a new interview.
▼ + stars: | 2023-09-22 | by ( Matthew Fox | ) www.businessinsider.com time to read: +6 min

Legendary investor Jeremy Grantham warned that home prices are doomed to fall amid high mortgage rates. What the stock market loves"It loves low inflation. The crucial ingredient to a stock market bubble"The surge that took place in late 2020 finally had the characteristics that have been missing for 10 years. [NFTs], meme-stocks, QuantumScape is the biggest scale of any bubble in [stock market] history." That's the biggest bubble I think in history, including the South Sea bubble."

Persons: Jeremy Grantham, Tesla's Elon Musk, Elon Musk's salesmanship, Grantham, Josh Brown, Michael Batnick, I've Organizations: Service, Elon, Ritholtz, Stock Locations: Wall, Silicon, Beijing, Shanghai, Sydney, Adelaide, Canada, London, Toronto, Boston, Japan, Manhattan, Downtown Manhattan, Tokyo

☆ This Melon Salad Is Pure Pleasure
▼ + stars: | 2023-07-05 | by ( Bryan Washington | ) www.nytimes.com time to read: +3 min

They’re the sorts of dishes that might percolate if you gave yourself the permission and authority to know yourself — in lieu of who you’re told to be. The expansiveness and allowance Moore gives us is pretty exhilarating: Flipping through pages, I was giddy. Jamaican cuisine is hardly unfamiliar with plant-based cooking, but that is seldom the focal point of its oft-exported wares. When I asked Moore why she chose to focus on vegan dishes, she said that going vegan “hasn’t affected my relationship with Jamaican food at all. As a culture’s comfort with a cuisine expands, its ability to tolerate play can follow.

Persons: you’re, Moore, ”, it’s, what’s, Danny Chau Locations: United States, New

☆ Manchester City wins Premier League title as Arsenal suffers shock loss
▼ + stars: | 2023-05-20 | by ( Issy Ronald | ) edition.cnn.com time to read: +1 min

CNN —Manchester City sealed the Premier League title on Saturday, as Arsenal’s shock 1-0 loss at Nottingham Forest ended any lingering mathematical probability of the north London team usurping Pep Guardiola’s side in the title race. It is a result that has appeared increasingly inevitable for weeks as City’s run of 23 unbeaten games coincided with and influenced Arsenal’s slow capitulation from its perch at the top of the table, which it had occupied for much of the season. Despite still holding an eight-point cushion just last month, Arsenal’s hopes of a first title since the 2003/04 season have been steadily extinguished following a run of three improbable draws and a 4-1 drubbing at Manchester City in April, compounded by a 3-0 defeat to Brighton last week and now this loss at Nottingham, a team fighting for its very survival in the Premier League. And so the idea of City winning the Premier League, its fifth title in six years, has had time to percolate and establish itself, almost normalizing an achievement so monumental it is matched by just one other team in the league’s entire history – Alex Ferguson’s Manchester United between 1995/96 and 2000/01. More to follow…

☆ Webb telescope spots water in rare comet
▼ + stars: | 2023-05-15 | by ( Ashley Strickland | ) edition.cnn.com time to read: +5 min

CNN —Astronomers used the James Webb Space Telescope to observe a rare comet in our solar system, making a long-awaited scientific breakthrough and stumbling across another mystery at the same time. For the first time, water was detected in a main belt comet, or a comet located in the main asteroid belt between the orbits of Mars and Jupiter. The space observatory detected water vapor around Comet Read, which suggests that water ice can be preserved in a warmer part of the solar system. It’s possible that the warmer temperatures of the main asteroid belt cause Comet Read to lose its carbon dioxide over time, the researchers said. Comet Read might have also formed in a warmer pocket of the solar system without carbon dioxide, Kelley said.

☆ To my fellow Gen Xers worried AI is going to take your job: Take a chill pill
▼ + stars: | 2023-05-13 | by ( Rebecca Knight | ) www.businessinsider.com time to read: +8 min

Some Gen Xers might worry that the fast rise of AI bodes ill for their job security. In an AI-driven workplace, Gen Xers will have new responsibilities, which could suit them well. For Gen Xers who are the experienced professionals in their organizations, these new responsibilities could turn out to suit them quite well. To be sure, Gen Xers' anxiety that AI has upended their glide path toward retirement is understandable. Gen Xers who are still uneasy about AI — angst is our specialty, after all — can take solace in the numbers.

☆ The stock market could become 'untouchable' if the regional banking crisis continues to spiral, Fundstrat says
▼ + stars: | 2023-05-05 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

The stock market could become "untouchable" if the regional banking crisis continues to spiral out of control. "This raises too many tail risk issues including credit tightening, commercial real estate, and wide economic implications," Lee said. Lee's cause for concern about the banking crisis and the chilling effect it could have on the stock market is based on the type of risks that could percolate if the instability continues. "This raises too many tail risk issues including credit tightening, commercial real estate and wide economic implications," Lee explained. The SPDR S&P Regional Banking ETF surged more than 6% on Friday, suggesting that the regional banking crisis could ultimately be contained without spilling over into a bigger problem for the stock market.

☆ Comstock Act: The 150-year-old chastity law that may be the next big fight over abortion
▼ + stars: | 2023-04-28 | by ( Tierney Sneed | ) edition.cnn.com time to read: +15 min

“Comstock is really the backdoor way to remove access to abortion across the whole country,” said Greer Donley, a University of Pittsburgh Law School professor who specializes in abortion law. Severino argued that, at least when it comes to the Comstock Act’s prohibitions on mailing abortion pills, Congress is well within its powers to regulate those shipments. Several towns, some in New Mexico and elsewhere, have passed local ordinances that cite the Comstock Act and prohibit business within those jurisdictions from shipping or receiving items used for abortions in the mail, as covered by the Comstock Act. The lawsuits in New Mexico state court that those ordinances have prompted may provide for another opportunity for courts to elaborate on what the Comstock Act means. The Supreme Court, in the emergency order it issued last week, did not say anything about the Comstock Act.

☆ Florida lawmakers are working at breakneck speed to pass DeSantis' agenda before a presidential run: 'Our colleagues are tripping over themselves'
▼ + stars: | 2023-03-29 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +5 min

DeSantis is quickly signing bills into law in Florida this legislative session, which ends May 5. After the legislation session, DeSantis is expected to mount a presidential run, challenging Trump. Ron DeSantis that will give him a list of accomplishments to brag about during a widely anticipated 2024 presidential run. Lawmakers began meeting for their 60-day session just three weeks ago, and already the governor has signed bills into law amid much fanfare at public events. Last week DeSantis signed a bill to curb lawsuits in the state.

☆ Idris Elba premieres 'Luther' film, says he hopes for more
▼ + stars: | 2023-03-01 | by ( ) www.reuters.com time to read: +2 min

LONDON, March 1 (Reuters) - Idris Elba premiered the first of what he hopes will be a series of "Luther" films on Wednesday, taking his hit British television drama to a new audience. In "Luther: The Fallen Sun", a Netflix film, Elba reprises his role as the brilliant but troubled and impulsive Detective Chief Inspector John Luther, the character he played in the award-winning BBC series "Luther" between 2010 and 2019. Continuing from the show, the movie starts with Luther working on a new case of a missing person, when he is sent to jail over his past tactics. Haunted by his failure to capture the man, Luther breaks out of jail to find him. Asked if this could be the start of a series of "Luther" films, Elba said: “Yes... let’s put it out there.

ChatGPT — an artificial intelligence-powered chatbot — is having a viral moment, offering a high-profile glimpse at the maturing technology's capabilities. Like other GPT models, ChatGPT can generate text in a variety of styles and formats, including responses to questions, descriptions, and even entire conversations. The growth of Azure is central to our long-term investment thesis in Microsoft, and artificial intelligence is playing an increasingly prominent role in cloud computing. Additionally, Club holding Alphabet is no stranger to artificial intelligence — and, more specifically, machine learning. While all three models — ChatGPT, Sparrow and LaMDA — have their differences, they share a foundational network architecture known as Transformer.

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