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☆ The 2024 campaign will now turn on whether Trump can blunt Harris’ soaring start
▼ + stars: | 2024-08-12 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

CNN —Donald Trump’s campaign, which has whiffed in its early attacks on Kamala Harris’ new presidential campaign, will grapple this week for a more effective foothold after the vice president transformed an election of stunning surprises. On Sunday, for instance, he spread a new false conspiracy theory over the size of Harris’ rally crowd in Michigan last week. Trump’s campaign was also forced on Saturday to deny a report in The New York Times that he’d privately referred to Harris as a “b*tch” as he bemoaned her momentum. Therefore, a debate expected between Trump and Harris on ABC on September 10 looms as a pivotal new moment in the campaign. But as Trump has shown in recent days, he still hasn’t worked out a way to respond to the suddenly changed circumstances of the campaign.

Persons: Donald Trump’s, Kamala Harris ’, Harris, he’d, bullish, Tim Walz, Joe Biden, “, Biden, Trump, Biden administration’s, —, Harris ’, Elon Musk, Walz, ”, “ It’s, ” Trump, Sen, JD Vance, Vance, CNN’s Dana, ” Vance, Kamala Harris, Vance wriggled, Trump’s, Nick Fuentes, Usha, Fuentes, Donald Trump …, “ misspoke, there’s, she’s, hasn’t Organizations: CNN, The New York Times, Republican, bullish Republicans, Minnesota Gov, Trump, New York Times, Siena College, Democratic, San, Ohio Republican, GOP, Army National Guard, Congress, Union, CBS, Court, White, Minnesota, ABC, Fox Locations: Michigan, Montana, The, Siena, Wisconsin , Michigan, Pennsylvania, Chicago, North Carolina, San Francisco, Ohio, Iraq, “ State, “, America, Russia, China

☆ Another point for life on Mars: Signs of liquid water discovered under the planet's surface
▼ + stars: | 2024-08-12 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +1 min

Mars just scored another point in favor of alien life. Scientists discovered signs of an ocean's worth of liquid water miles below Mars' surface. Sign up for our newsletter to get the latest on the culture & business of sustainability — delivered weekly to your inbox. Scientists discovered evidence of a reservoir of liquid water seven to 13 miles below the Martian surface, lingering in the pores of the planet's crust. Still, it's another promising sign that Mars could one day yield the most disruptive discovery in human history — that of life beyond Earth.

Persons: Mars, it's Organizations: Service, NASA, Business

☆ Oceans of water may be trapped deep beneath the Martian surface
▼ + stars: | 2024-08-12 | by ( Ashley Strickland | ) edition.cnn.com time to read: +10 min

CNN —Data from a retired NASA mission has revealed evidence of an underground reservoir of water deep beneath the surface of Mars, according to new research. A team of scientists estimates that there may be enough water, trapped in tiny cracks and pores of rock in the middle of the Martian crust, to fill oceans on the planet’s surface. NASA's Mars Reconnaissance Orbiter took an image of InSight sitting on the Martian surface on February 2, 2019. “It’s certainly true on Earth — deep, deep mines host life, the bottom of the ocean hosts life. Windows into Martian historyThe findings add a new piece to the Martian water puzzle.

Persons: ”, Vashan Wright, ‘, Mars, orbiters, InSight’s seismometer, Wright, James Tuttle Keane, Aaron Rodriguez, Michael Manga, “ It’s, haven’t, Alberto Fairén, Fairén, Bruce Banerdt, we’re, Banerdt, al, ” Banerdt, “, ” Wright Organizations: CNN, NASA, National Academy of Sciences, Reconnaissance Orbiter, JPL, Caltech, University of Arizona, University of California, Diego’s Scripps, of Oceanography, Mars, Interior Exploration, Transport, Scripps Institute of Oceanography, University of Maryland, Cornell University Locations: Mars, Berkeley

☆ The Paris Olympics wanted a fast track and it got one – this is how it was made
▼ + stars: | 2024-08-12 | by ( Liam Tharme | ) www.nytimes.com time to read: +13 min

There were two requirements for the Stade de France track for the 2024 Paris Olympics: make it purple and make it fast. But Paris was fast: seven Olympic records and three track and field world records were set at the Games. Thirteen men ran under Kenenisa Bekele’s 10,000m Olympic record (Michael Steele/Getty Images)Four men broke Jakob Ingebrigtsen’s 1500m Olympic record from Tokyo, including Ingebrigtsen, only for him to not medal. Washing the Olympic track in Tokyo in 2021 (Antonin Thullier/AFP via Getty Images)One myth Stroppiana is keen to bust is track hardness. And since then we haven’t been able to change that point of view.”How hard is the Paris track?

Persons: Joshua Cheptegei 10000m, Cole, Arshad Nadeem Javelin, Sydney McLaughlin, Marileidy Paulino, Uganda’s Joshua Cheptegei, Michael Steele, Jakob Ingebrigtsen’s, Noah Lyles ’, Richard Heathcote, Maurizio Stroppiana, Mondo, ”, Stroppiana, Antonin Thullier, “, haven’t, Patrick Smith, ’, Denis, Pakistan’s Arshad Nadeem, Nathan Laine Organizations: Stade de France, Joshua Cheptegei 10000m Uganda, Bahrain, Dominican, Kenya, Kipyegon, Getty, Mexico City, Paris, Getty Images, University of Milan, Olympic, Stade, Adidas, Nike, Asics, Puma, Bloomberg Locations: Rio de Janeiro, Paris, London, Rio, Tokyo, Sweden, Seville, Italian, Moscow, Mexico, Barcelona, Mexico City, AFP, Atlanta, Los Angeles, USA, Brisbane, Australia, Before Tokyo

☆ Missing pieces of a Byzantine artifact recovered at Sutton Hoo
▼ + stars: | 2024-08-10 | by ( Ashley Strickland | ) edition.cnn.com time to read: +9 min

The incomplete artifact is on display in the High Hall exhibition at Sutton Hoo in Suffolk, England. A researcher excavates part of the Bromeswell bucket from the trench at Sutton Hoo. Based on the forms of Greek letters at the top of the artifact, researchers think the vessel was already 100 years old when it arrived at Sutton Hoo, Howarth said. Future research at Sutton Hoo could reveal the broader history of the site and what kept drawing people to inhabit it over time, Howarth said. The aim of this project is to look at the landscape and think about who was inhabiting it and how that fits into the wider Sutton Hoo story.”

Persons: Count, David Brun, ”, Laura Howarth, Howarth, James Dobson, ’ ” Howarth, Angus Wainwright, “, David Brunetti, ” Howarth, Sutton, Edith Pretty Organizations: CNN, Sutton, harrow, National Trust ., National Trust, Field, Specialists, Heritage, Hoo, “, British Museum Locations: Suffolk, England, Hoo, African, Sutton Hoo, Byzantine, Antioch, Turkey, Britain, Sutton, Hampshire, East Anglia, what’s, Sri Lanka

☆ Scientists propose warming up Mars by using heat-trapping 'glitter'
▼ + stars: | 2024-08-09 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +4 min

The idea of transforming Mars into a world more hospitable to human habitation is a regular feature of science fiction. “The key elements of our paper are a novel proposal to use engineered nanoparticles to warm Mars’ atmosphere, and climate modeling that suggests this approach could be much more efficient than previous concepts. NASA has sent robotic rovers to explore the Martian surface and the InSight Lander to study the planet’s interior. The median Martian surface temperature is about minus-85 degrees Fahrenheit (minus-65 degrees Celsius). For example, in the unlikely event that Mars’ soil contains irremediable compounds toxic to all Earth-derived life, then the benefit of warming Mars is nil,” Kite said.

Persons: ”, Edwin Kite, Lander, Samaneh Ansari, ” Ansari, Mars, ” Kite, “ Organizations: University of Chicago, NASA, Northwestern University, Illinois Locations: U.S

☆ Markets saw a massive shift this week. Here’s what happened
▼ + stars: | 2024-08-09 | by ( Krystal Hur | ) edition.cnn.com time to read: +4 min

New York CNN —After a prolonged period of calm, financial markets went into a tailspin this week. One trigger for the selloff was the unraveling of the Japanese yen carry trade. Some investors say there could be more volatility to come, particularly since it’s unclear how much more the yen carry trade could unwind. The carry trade is “enormous. The unwinding of the carry trade and weak labor data came at a delicate time rife with uncertainty for Wall Street.

Persons: Wharton, Jeremy Siegel, Siegel, ”, Steve Sosnick, Joe Biden, Donald Trump, Dow, Liz Young Thomas Organizations: New, New York CNN, Nikkei, Dow, Nasdaq, Bank of Japan, Companies, Federal Reserve, Investors, CNBC, Interactive Brokers, Markets, Republican, Home Depot, Walmart Locations: New York, Israel, Ukraine, Russia

Menno van Gorp competes during the World Breaking Championships in Leuven, Belgium, in 2023. Geert Vanden Wijngaert/AP/FileTo the tune of a Miles Davis trumpet solo, Menno van Gorp is stepping up his training ahead of this year’s Paris Olympics. “I love to practice on jazz,” van Gorp tells CNN Sport. “We’re under the flag of sports now, but to me, it’s still also an art,” says van Gorp, who calls himself an “artlete” on social media. It was in winning the UK championships in 2007 that van Gorp says he “exploded onto the scene” and started to compete more regularly.

Persons: Menno van Gorp, Geert Vanden Wijngaert, Miles Davis, van Gorp’s, ” van Gorp, Menno, “, it’s, ”, van Gorp, aren’t, ” Van Gorp, Gorp Organizations: Paris Olympics, CNN Sport, Tilburg, Red Bull, South Locations: Leuven, Belgium, Paris, Netherlands, New York, South Korean

☆ Wall Street will get key insight on the consumer, inflation in the week ahead as recession fears swirl
▼ + stars: | 2024-08-09 | by ( Sarah Min | ) www.cnbc.com time to read: +7 min

The wildest week of 2024 has investors bracing for more volatility in the week ahead, with key insight on the consumer and inflation coming at a time when recession fears are top of mind. Inflation, labor data Next week's inflation data could get less attention than it has over the past year when the Fed's fight against pricing pressures put inflation reports on center stage. Recently, it's been the labor market getting the most attention. "The market's caring much more about about labor markets and growth, than they do inflation right now," Ladner said. Week ahead calendar All times ET Monday, Aug. 12 2 p.m. Treasury Budget (July) Tuesday, Aug. 13 8:30 a.m. Producer Price Index (July) Earnings: Home Depot Wednesday, Aug. 14 8:30 a.m. Consumer Price Index (July) 8:30 a.m.

Persons: Scott Ladner, it's, Ladner, —, Strategas, Ryan Grabinski, RJ Assaly, Jeremy Siegel, Chen Zhao, Zhao, Price Organizations: Federal, Walmart, Home, Horizon Investments, Bank of Japan, Wharton, Fed, UBS, Investments, Treasury Budget, Price, Philadelphia Fed, Retail, Manufacturing, Materials, Tapestry, Deere, Co, Housing Locations: U.S, NAHB, Michigan

This is particularly true for Black Latinos, according to the authors. That’s why Lopez argues in the report that asking people about their “street race” could provide necessary insight into the different ways Latinos are racially categorized. According to the Pew Research Center, Black Latinos are more likely than non-Black Latinos to report having experienced discrimination based on race. Lopez and the co-authors of the report say that additional questions could still be added to official forms, including the “street race” question. “But we also need a question on perceived race.”For more from NBC Latino, sign up for our weekly newsletter.

Persons: Nancy Lopez, Lopez, ” Lopez, ” Organizations: Latino, Politics Institute, UCLA, . Census, University of New, NBC News, Pew Research Center, U.S . Office, Management, OMB, NBC Locations: University of New Mexico, East

☆ E.l.f. Beauty sales jump 50% on gains in color cosmetics and skin care, launch of Bronzing Drops serum
▼ + stars: | 2024-08-08 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +6 min

The company's sales soared to $324.5 million in its fiscal first quarter, leading it to raise its full-year guidance. He added that its Bronzing Drops serum quickly became a best seller on the company's website after its launch during the quarter. Following quarter after quarter of outsized growth, Wall Street has come to expect a lot from E.l.f. The company now anticipates its adjusted net income will be between $198 million and $201 million, compared with a previous outlook of between $187 million and $191 million. During the quarter, selling, general and administrative expenses increased by roughly $88.6 million to $180.6 million, representing 56% of net sales.

Persons: Tarang Amin, E.l.f, Mandy Fields, Fields, I'm, we're, Amin, we've, Gen Z, We'll, Gabby Douglas, Anastasia, Tas, Jameela Jamil Organizations: CNBC, LSEG, Alpha Locations: E.l.f

☆ Teenagers who turned $400 into a six-figure business share 4 strategies that helped them scale
▼ + stars: | 2024-08-08 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +7 min

Read previewJacob Shaidle started cleaning barbecues in the summer of 2021 to fund his education. AdvertisementShaidle started cleaning barbecues in 2021 to pay for his university tuition. Over the past year, the teens, who are heading into their third year at the University of British Columbia, have grown Shaidle Cleaning to six figures in annual revenue. One is a small business called Strodes, a butcher shop deli that makes its own all-natural, chemical-free degreaser that Shaidle Cleaning buys in bulk. Go digitalDuring his first two summers in business, Shaidle acquired clients through door-knocking and word-of-mouth.

Persons: —, Jacob Shaidle, he'd, Shaidle, Aran Giffen, Lean, Giffen, it's, Aran, Jake, They'll, they're, you've Organizations: Service, Business, University of British, Insight, Hamilton Spectator Locations: Hamilton , Ontario, University of British Columbia, Ontario, We've

☆ Arizona grand jurors wanted to indict Trump, prosecutors urged them not to
▼ + stars: | 2024-08-07 | by ( Zachary Cohen | Holmes Lybrand | ) edition.cnn.com time to read: +3 min

CNN —Members of the grand jury in Arizona that indicted 18 allies of Donald Trump earlier this year for their alleged roles in attempting to overturn the 2020 election had also expressed interest in charging the former president, according to a new court filing. The interest was strong enough that it prompted the state’s lead prosecutor to request that the grand jury not indict the former president and give a PowerPoint presentation to explain his reasoning. Prosecutors cited two primary reasons for why the grand jury should not charge Trump: a lack of evidence and a US Justice Department policy they believe would hamper charges against a former president. The policy cited by prosecutors deals with DOJ guidelines limiting how the federal government can prosecute individuals already charged with similar crimes at the state level. That’s why you do not see that,” the state prosecutor told the grand jury.

Persons: Donald Trump, Trump, Joe Biden’s, Jack Smith, Fani Willis, Rudy Giuliani, Mark Meadows, “ Unindicted, ”, Meadows, indicting Trump, I’ve, Willis Organizations: CNN, Fulton, White House, Trump, Prosecutors, US Justice Department Locations: Arizona, Georgia, Fulton County

☆ Attorneys say Austin violated military rules in halting deal for alleged 9/11 conspirators
▼ + stars: | 2024-08-07 | by ( Haley Britzky | ) edition.cnn.com time to read: +8 min

Wednesday’s pretrial hearing, which has been scheduled for months, followed a whiplash decision by Austin to revoke a plea deal that had been announced just two days prior last week. “What he did was illegal,” Eugene Fidell, who teaches military justice at Yale University and co-founded the National Institute of Military Justice, told CNN. But Sowards argued Wednesday that by revoking the deal, Austin was actually doing more harm to the families. While the terms of the pretrial agreement had not been released publicly, among them was the assurance that the detainees would answer questions by 9/11 victim family members. Sowards said family members had already “been submitting questions in good faith,” and expecting answers in return as part of the deal.

Persons: Lloyd Austin, ”, ” Walter Ruiz, Mustafa Ahmed Adam al Hawsawi, Austin, Susan Escallier, Khalid Shaikh Mohammad, Walid Muhammad Salih Mubarak Bin ‘ Attash, Ruiz, “, ” Austin, ” Eugene Fidell, Gary Sowards, Mohammad, ” Sowards, Clayton Trivett, ’ ”, Austin “, Antony Blinken, “ I’m, Sowards, Wells Dixon, Majid Khan, Khan, Dixon, ” Dixon, Eugene Fidell’s Organizations: CNN —, Defense, Guantanamo, Pentagon, White, White House, Yale University, National Institute of Military, CNN, Military Commissions, Austin, Military, Australian, American, ”, Center for Constitutional Rights Locations: Guantanamo, Austin, Belize

☆ Secret experiments by a 16th-century alchemist involved an element that nobody knew about at the time
▼ + stars: | 2024-08-06 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +4 min

One of history's leading 16th-century astronomers, Tycho Brahe, was also an alchemist who kept the secrets of that pursuit under wraps. AdvertisementAfter his death, Brahe's elaborate laboratory and observatory was destroyed, taking many of its secrets with it. Rasmussen and colleagues recently analyzed the shards for evidence of 31 trace elements to determine which Brahe may have used in his laboratory. In addition to medical experiments, Brahe could have been trying to uncover the secrets of other minerals. The endless search for better medicineTycho Brahe's laboratory was destroyed after his death.

Persons: history's, Tycho Brahe, —, Brahe, elixirs Brahe, Kaare Lund Rasmussen, we've, Lawrence Principe, — Brahe, Rasmussen, you've, Tycho Brahe's, who's, Principe Organizations: Service, Business, Heritage, Johns Hopkins University, Science, Society Picture Library Locations: what's, Swedish, Ven, Principe

☆ Abnormal Security, valued at $5.1 billion amid email security push, eyes eventual IPO
▼ + stars: | 2024-08-06 | by ( Riley De León | ) www.cnbc.com time to read: +3 min

The cybersecurity software contender has more than 2,400 customers, including Maersk, Xerox and Mattel — in all, some 17% of the Fortune 500, according to the company. Cybersecurity company Abnormal Security said Tuesday it has raised $250 million in a Series D funding round that values the firm at $5.1 billion. With Microsoft surpassing $20 billion in cybersecurity revenue last year, competition has picked up among cybersecurity sector incumbents Cloudflare, Zscaler and Palo Alto Networks. Additionally, CrowdStrike veteran James Yeager was recently hired to head up public sector sales, an area that the email security vendor is targeting for growth. In March, Abnormal hired CFO Smita Sanadhya, a former executive at Microsoft Hong Kong and HP as well as startup Okta, which she helped to scale to a $2 billion public company.

Persons: Evan Reiser, Cloudflare, Reiser, Michael DeCesare, James Yeager, Smita Sanadhya, Jeff True Organizations: Twitter, Maersk, Xerox, Mattel, Fortune, Wellington Management, Greylock Partners, Menlo Ventures, Insight Partners, Security, Microsoft, Palo Alto Networks, Software, Cloudflare, CNBC, Forescout Technology, Microsoft Hong Kong, HP, Abnormal Locations: Zscaler, Palo, Exabeam

The GOP’s 2024 party platform calls for the repeal of President Joe Biden’s executive order on AI, which Republicans say "hinders AI innovation." Senate Majority Leader Chuck Schumer speaks to NBC News from the balcony of his Capitol office on Thursday, Aug. 1. “We have lots of AI proposals in the defense bill because AI has national security concerns,” Schumer told NBC News. It would require federal agencies to assess the potential risks of using AI before purchasing or deploying AI systems. But it also has real problems,” Schumer said, referring to the Future of AI bill.

Persons: Chuck Schumer, Elon Musk, Donald Trump, Kamala Harris, Schumer, Trump, ” Schumer, ”, “ We’re, “, Joe Biden’s, “ Donald Trump, Frank Thorp V, TikTok, Sen, Mitt Romney, Brian Schatz, chatbot ChapGPT, Schumer —, —, Mark Zuckerberg, Bill Gates, Sundar Pichai, Sam Altman, Jensen Huang, Martin Heinrich, Todd Young, Mike Rounds, Rounds, ” Rounds, Gary Peters, Thom Tillis Organizations: New, New York Democrat, NBC News, Republican, Democratic, Republicans, NBC, Big Tech, National Defense, Senate, 118th, National Institute of Standards, Technology, NIST, Senate Homeland Security, Star Locations: WASHINGTON, Harris, New York, eyeing, Republic, Congress, China, U.S, R, Utah, Hawaii, Sens

☆ Everyone is talking about the Sahm recession indicator. Here’s what you need to know
▼ + stars: | 2024-08-05 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +4 min

A weaker-than-expected July jobs report on Friday officially triggered the Sahm rule. "We are not in a recession now — contrary the historical signal from the Sahm rule — but the momentum is in that direction," Sahm told CNBC by email on Friday. That frankly is not good enough, we can do better than avoiding a recession," Sahm told CNBC's "The Exchange." Federal Reserve Chairman Jerome Powell speaks at a news conference following a Federal Open Market Committee meeting at the William McChesney Martin Jr. Federal Reserve Board Building on July 31, 2024 in Washington, DC. In mid-June, Sahm told CNBC that the U.S. central bank risked tipping the economy into contraction by not cutting interest rates sooner.

Persons: Claudia Sahm, Sahm, —, we're, CNBC's, Dario Perkins, Perkins, Jerome Powell, William McChesney Martin Jr, Andrew Harnik Organizations: Federal, CNBC, U.S . Federal, New Century Advisors, New, Lombard, National Bureau of Economic Research, Federal Reserve, Getty, U.S Locations: U.S, Washington , DC

☆ North Carolina AG office eyes Elon Musk's pro-Trump PAC after voter data complaint
▼ + stars: | 2024-08-05 | by ( Brian Schwartz | ) www.cnbc.com time to read: +4 min

The America PAC is supporting Republican presidential nominee Donald Trump in the 2024 election against Vice President Kamala Harris, the de facto Democratic nominee. Wheeler alleged America PAC has broken state laws, according to a copy of the complaint reviewed by CNBC. "The America PAC is pretending to be running an online voter registration drive," Wheeler wrote. Representatives for the North Carolina State Board of Elections did not return requests for comment on Wheeler's complaint against America PAC. America PAC has spent over $100,000 on digital advertisements targeting voters in Pennsylvania since early July, according to AdImpact.

Persons: Elon Musk, Chuck Schumer, Donald Trump, Kamala Harris, Musk, Josh Stein, Stein, Jocelyn Benson, Benson's, CNBC's, David Wheeler, Wheeler, Madison Cawthorn, Lauren Boebert, Al Schmidt Organizations: Intelligence, Senate, U.S, Capitol, North Carolina Attorney General's, CNBC, Musk's America PAC, The America PAC, Democratic, SpaceX, PAC, North Carolina, Michigan, Sunday, America PAC, America, North Carolina Board, American, Republican, Rep, Colorado . Representatives, North Carolina State Board, Department Locations: Washington , U.S, America, North Carolina, Michigan, Georgia, Wisconsin, Colorado, Pennsylvania

☆ Dow futures slide nearly 200 points after Nasdaq falls into a correction: Live updates
▼ + stars: | 2024-08-04 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

Traders work on the floor of the New York Stock Exchange during afternoon trading on August 02, 2024 in New York City. U.S. stock futures fell Sunday night following a volatile week for Wall Street, in which the Nasdaq Composite dropped into correction territory. S&P 500 futures and Nasdaq-100 futures dipped 0.7% and 1.1%, respectively. On Friday, the Nasdaq capped a third straight week of losses, bringing the tech-heavy index down more than 10% from a record set last month. The S&P 500 also posted a third straight losing week, down 2% for the week.

Persons: Dow, Keith Lerner, CNBC's, It's, Warren Buffett's Berkshire Hathaway, Mary Daly Organizations: New York Stock Exchange, Wall, Nasdaq, Dow Jones Industrial, Dow Jones, Treasury, Federal Reserve, PMI, San Francisco Fed Locations: New York City . U.S, Hawaii

☆ Earnings playbook: Disney and this industrial giant are among companies slated to report this week
▼ + stars: | 2024-08-04 | by ( Fred Imbert | ) www.cnbc.com time to read: +4 min

More than 70 S & P 500 names are slated to report this week, including Disney and Caterpillar . Tuesday Uber Technologies is set to report earnings before the bell. This quarter: The ride-hailing giant is expected to report a 70% year-over-year increase in earnings, LSEG data shows. What history shows: Uber has beaten earnings expectations in six of the last seven quarters, according to data from Bespoke Investment Group. Wednesday Walt Disney is set to report earnings before the open.

Persons: Eli Lilly, Benjamin Black, Uber, Walt Disney, Wells, Steven Cahall, LLY, Eli Lilly's Organizations: Disney, Caterpillar . Pharmaceutical, behemoth, CNBC, Technologies, Investors, Autonomous Vehicle, Deutsche Bank, Investment, Caterpillar, JPMorgan Locations: California

☆ Excavation in Egyptian necropolis uncovers 63 ancient tombs and a trove of gold artifacts
▼ + stars: | 2024-08-03 | by ( Taylor Nicioli | ) edition.cnn.com time to read: +4 min

CNN —An ongoing excavation in Damietta, Egypt, has uncovered 63 tombs from more than 2,500 years ago, alongside a trove of gold artifacts, coins and pottery. Sixty-three tombs were uncovered during an ongoing excavation in Damietta, Egypt. The bodies were buried with gold foil figures that depicted religious symbols and ancient Egyptian idols. Ancient Egyptian burials reflect status and wealthThe excavation and mission to explore the necropolis has been ongoing for years. The recent find of 63 tombs consisted of mostly mud-brick tombs as well as some simple burials, according to a ministry statement.

Persons: Alexander the Great, Tal, Salima Ikram, Kotb Fawzy, King Psamtik II, Horus, ”, Lorelei Corcoran, Corcoran Organizations: CNN, Egypt’s Ministry of Tourism and Antiquities, Egypt Ministry of Tourism, American University, Ministry of Tourism, Antiquities, of Egyptian Art, University of Memphis Locations: Damietta, Egypt, Cairo, Tennessee

☆ Hearing on how to proceed with election interference case against Trump set for August 16
▼ + stars: | 2024-08-03 | by ( Hannah Rabinowitz | ) edition.cnn.com time to read: +1 min

CNN —A federal judge will consider how to proceed with special counsel Jack Smith’s election interference case against Donald Trump during a hearing later this month, according to a brief order Saturday. The judge overseeing the case, Tanya Chutkan, scheduled a hearing for August 16 to consider how the case should move forward. It will be the first time the case is back in court since the Supreme Court granted Trump sweeping immunity for official acts as president – a ruling that may gut Smith’s prosecution. Chutkan also asked both prosecutors and defense attorneys to propose a new schedule for the case going forward by August 9. As part of the order Saturday, Chutkan also denied one of the former presidents’ motions to toss the case.

Persons: Jack Smith’s, Donald Trump, Tanya Chutkan, Trump, –, Chutkan, Smith Organizations: CNN

☆ Dwyane Wade on Team USA's Olympic potential, embracing life as a broadcaster
▼ + stars: | 2024-08-02 | by ( Rohan Nadkarni | Rohan Nadkarni Is A Sports Reporter For Nbc News. | ) www.nbcnews.com time to read: +6 min

Despite being in France for the Paris Games for more than a week, Dwyane Wade has spent only one night in the City of Light. And I’m having a good time when I’m on air.”Wade has called the first two group games for the U.S. men’s basketball team, which is looking for its fifth straight gold medal. “This team is so deep, in six games we’re not going to get an opportunity to see how dope this team really is,” Wade says. “But I know basketball. In 2008, Wade was two summers removed from winning NBA Finals MVP but he still came off the bench that summer.

Persons: Dwyane Wade, they’ll, ” Wade, “, I’m, Wade, we’re, LeBron James, Kevin Durant, Steve Kerr, Jayson Tatum didn’t, Joel Embiid, aren’t, ’ ” Wade, LeBron, Chris Paul, Kobe Bryant, ”, hasn’t, Shai, Gilgeous, Alexander, It’s, Noah Eagle, Eagle, “ I’ve Organizations: Paris Games, of Famer, Olympic, NBC, NBC News, U.S, NBA, Serbia, USA, TNT Locations: France, City of, Lille, Paris, Beijing, South Sudan, Sudan, Canada

☆ Why workers who lose their jobs to AI will be better off than the Midwest manufacturing employees of two decades ago
▼ + stars: | 2024-08-02 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +9 min

Similar to US manufacturing workers who lost their jobs in recent decades to advancements like automation, those displaced by AI could find themselves without the skills needed for the modern workforce. It comes down to when — and where — AI job losses are likely to materialize. Davis said there are several reasons workers who are displaced by AI should have an easier time finding work than many manufacturing workers of the past. Impacted workers in cities would be more likely to have job opportunities than workers where manufacturing jobs were concentrated, which often were in the Midwest. Widespread AI job displacement won't happen for at least a decadeWhile Davis is uncertain about the timing and scale of AI job displacement, he said he doesn't expect AI to drive major job losses over the next decade.

Persons: —, Goldman Sachs, It's, Steven Davis, Hoover Institute —, Davis, it's, — Davis, they've, they're, Joe Biden, there's, Jim Covello, that's Organizations: Service, Business, Hoover Institute, Stanford University —, Bureau of Labor Statistics —

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