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At MIT, he studied economics under Stanley Fischer, whose students include former U.S. Federal Reserve chair Ben Bernanke and former European Central Bank President Mario Draghi. He is a good listener and a consensus-builder, rather than a leader with a strong view on the direction of monetary policy, they say. "His style is to discuss monetary policy based on facts and evidence," said Tetsuya Inoue, who was Ueda's staff secretary when he was a central bank board member. In a column published in July, Ueda warned against raising rates prematurely in response to cost-push inflation - a sign he would be in no rush to tighten monetary policy. Upon approval by parliament, Ueda will assume the top BOJ post on April 9 and chair his first policy-setting meeting on April 27-28.
2 role vacant just as the central bank approaches a decision about when to stop raising interest rates. Brainard's arguments may not have been relevant to the decisions the Fed faces in the next few weeks. Heidi Shierholz, president of the labor-affiliated Economic Policy Institute, said it was "unbelievably important" that Biden find someone to fill Brainard's role. Administration officials gave no immediate sense of how soon Biden may name a new Fed vice chair, though outside analysts and commentators were already putting names in circulation from what's considered a deep bench of economists affiliated with Biden's Democratic party. The vice chair plays a particularly important role, typically reserved for somebody with a PhD in economics who can speak with technical authority about Fed policy and decisions.
"His style is to discuss monetary policy based on facts and evidence," Inoue told Reuters in an interview on Monday. "Unlike Kuroda, Ueda won't immediately turn things around after assuming the post. "He'll likely let economic data guide policy decisions." If he were to become governor, Ueda could introduce a new monetary policy framework that could include a revamped type of forward guidance, Inoue said. "If he were to become governor, Ueda will likely put emphasis on maintaining financial system stability," he added.
Ueda, a 71-year-old former Bank of Japan (BOJ) policy board member, will succeed incumbent Haruhiko Kuroda, whose second, five-year term ends on April 8, according to documents presented to parliament on Tuesday. Analysts expect Ueda, who had warned of the dangers of premature interest rate hikes in the past, to hold off on tightening monetary policy. "Ueda is likely to focus on theory and empirical analysis in guiding monetary policy," said Naomi Muguruma, senior market economist at Mitsubishi UFJ Morgan Stanley Securities. Upon parliament's approval, Ueda will chair his first BOJ policy meeting on April 27-28. A soft-spoken academic with a PhD from the Massachusetts Institute of Technology, Ueda is seen as a pragmatist who can adjust his views on monetary policy flexibly.
A former Twitter exec said "homophobic and antisemitic" harassment forced him to sell his home. Yoel Roth testified to Congress that the release of Elon Musk's "Twitter Files" harmed former staff. During a lengthy hearing related to Twitter's handling with the Hunter Biden laptop story, Roth was asked how the release of Elon Musk's Twitter Files had affected his personal safety. He began by saying that the "Twitter Files" also affected more junior employees at Twitter, and that staff as far away as the Philippines were "doxxed, had their families threatened, and experienced harm equal to or greater than what I've experienced." The "Twitter Files" are a series of tweets released under Musk's leadership about "free speech suppression" on the platform under its previous management.
Temple University is eliminating free tuition for graduate students who participate in a strike. In a statement, Temple confirmed students will be denied tuition benefits "while they are on strike." On average, such workers make $19,500 a year, according to the Temple University Graduate Students' Association (TUGSA), a union that represents nearly 750 affected workers. Stephen Orbanek, director of communications at the university, told Insider that those who choose to participate in the grad-student strike will be denied not just their pay but their tuition benefits. Temple is not the first institution to cancel health benefits for striking employees.
Moonhub is an AI startup aiming to make the recruiting process more automated and less biased. The company scrapes billions of public data points and makes them easily searchable for recruiters. The startup recently raised $4.4 million in seed funding from Khosla Ventures and Google Ventures. OpenAI-backer Khosla Ventures and Google Ventures were equally enthusiastic about Moonhub's mission, recently providing the startup with $4.4 million in seed funding. Luckily, she was able to leverage her network to raise the round in less than two weeks, she said.
Amazon is limiting entry level software engineering positions to current students or newly grads. Amazon is only hiring current students or newly graduated people for its entry level software developer positions. August Aldebot Green, an Amazon spokesperson, told Insider, "Any implication that we have lowered our hiring bar is incorrect. Overhauling Amazon's engineering culture has been a priority for Amazon's CEO Andy Jassy. It also created a new team called "Amazon Software Builder Experience" to address those concerns.
Once a child outgrows an infant car seat, a convertible seat is the next step up. Based on our tests, Consumer Reports recommends that parents transition their children to a rear-facing convertible seat by age 1. By contrast, in almost all the rear-facing convertible seats, the head of the dummy avoided contact. Bottom LineMost children will need to move from an infant seat to a convertible seat to remain rear-facing. The Britax ClickTight convertible seats also stand out because they’re almost as easy to install rear-facing as they are to place when forward-facing.
Former teacher Maggie Perkins, 30, is now an employee at Costco after quitting her career. In August, Perkins told Insider she'd spent two years quiet quitting her teaching job due to burnout. "My pace of my work life now is so much better, I am not sick or exhausted like I used to be when I was a teacher." #teacherquittokc#costcotiktokr#retailworkere#exteachertiktokc#careertransitiont#teachersonbreak ♬ original sound - Millennial Ms. Frizzle @millennialmsfrizz I used to be a teacher and now I work at Costco. My pace of my work life now is so much better, I am not sick or exhausted like I used to be when I was a teacher.
The most underrated skill that successful people, especially introverts, have is the ability to write clearly. Before you communicate an idea or request, decide on the best format to deliver your information. For example, if you are sharing research involving complex data, then a PowerPoint displaying charts and images may be the best format. Format the email so it's easy to read on phone screens (e.g., short, bulleted sentences). If your message exceeds one page, create a separate document to attach and use the email to provide highlights.
The axolotl can regrow multiple organs, including lungs, heart and brain. When regenerative cells from a donor salamander were grafted into the arm of another, they grew into an extra limb. Scientists want to better understand the conditions under which limbs grow back. Catherine McCusker, PhD/University of Massachusetts Boston
A study in the Journal of Sleep Research found poor sleep correlates with paranormal beliefs. People with insomnia and sleep paralysis more often believe in ghosts, aliens, and an afterlife. The study's authors told Insider the results could improve health care, but there's more to learn. Those who see them may have one thing in common, according to a new study published in the Journal of Sleep Research: sleep disturbances. Sleep paralysis was also highly associated with the belief that near-death experiences are evidence of life after death.
Andrew Tate once called his sexually explicit webcam business a “total scam” and boasted on his website that he lured women in by getting them to fall in love with him. Romanian authorities arrested him, his brother and two women on suspicion of human trafficking, rape and forming an organized crime group, according to Reuters. The webcam business that Tate ran and openly spoke about is central to these charges, according to Romanian Authorities. Some of the allegations by Romanian authorities echo what Andrew Tate has said publicly about his webcam business. Earlier this month, Vice reported that Tate was arrested in 2015 in the U.K. on suspicion of sexual assault and physical abuse, citing statements from U.K. authorities and Tate himself.
SYDNEY, Jan 19 (Reuters) - A verdict in the espionage trial of Australian writer Yang Hengjun, detained by China since his arrest there four years ago, has been delayed until April, the seventh such delay, his supporters said on Thursday. Pro-democracy blogger Yang is an Australian citizen born in China who was working in New York before his arrest at Guangzhou airport in 2019, coinciding with deteriorating relations between Australia and China. A Beijing court heard Yang's trial in secret in May 2021 and the case against him has never been publicly disclosed. "The Australian government is deeply troubled by the ongoing delays in his case. A verdict in Yang's trial has been delayed by the court seven times, and his lawyer was told the deadline had been extended a further three months to April, his supporters told Reuters.
Facial recognition software immediately identifies the man as … a giraffe? While there, she read about how tenants in Brooklyn had fought back against their landlord’s plans to install a facial recognition entry system for their building. “This was the first time I heard about facial recognition,” she says. Whichever route they took, they had to test the images on a well-known object detection system called YOLO, one of the most commonly-used algorithms in facial recognition software. At the recent World Cup in Qatar, creative agency Virtue Worldwide came up with flag-themed face paint for fans seeking to fool the emirate’s legion of facial recognition cameras.
Eli Lilly (LLY) has spent decades researching Alzheimer's disease without successfully bringing to market a treatment that slows the memory-destroying condition. For Eli Lilly as a company, an Alzheimer's drug is an important pursuit. Lilly's Alzheimer's history Eli Lilly's "first real foray" into Alzheimer's came in the 1990s, according to Dr. John Sims, Eli Lilly's head of medical development for donanemab. Financial implications for Lilly LLY mountain 2021-10-08 The Club started a new position in Eli Lilly (LLY) in October 2021. The Eli Lilly logo is shown on one of the company's offices in San Diego, California, September 17, 2020.
The harrowing detail was included in a newly unsealed affidavit on Thursday, just before Bryan Kohberger, the 28-year-old doctoral student charged with the slayings, was scheduled to make his first court appearance in Moscow, Idaho. He was arrested in Pennsylvania last week, where he was visiting his family, and flown to Idaho on Wednesday. Investigators were able to match DNA recovered from a knife sheath left at the scene with DNA taken from trash at the Kohberger family residence, according to the unsealed court document. About 15 minutes later, the car was seen leaving at a "high rate of speed." Reporting by Joseph Ax in New York and Brendan O'Brien in Chicago; Editing by David Gregorio and Howard GollerOur Standards: The Thomson Reuters Trust Principles.
Jan 3 (Reuters) - The graduate student accused of stabbing four University of Idaho students to death more than six weeks ago is scheduled to appear in a Pennsylvania court on Tuesday to determine whether he will return to Idaho immediately to face charges there. If he waives extradition at Tuesday's court hearing, he will be sent to Idaho to face four counts of first-degree murder and felony burglary. Two other female roommates in the house at the time of the killings were unharmed, apparently having slept through the attack. Pullman, Washington, where Kohberger has been studying, is about 10 miles from the University of Idaho campus. Reporting by Joseph Ax; Additional reporting by Brendan O'Brien Editing by Tomasz JanowskiOur Standards: The Thomson Reuters Trust Principles.
Deanna Coll is a cocktail waitress at a nightclub in New York City and a model during the day. In her experience, New Year's Eve is overhyped, tips aren't great, and everyone is from out of town. I started working as a cocktail waitress in 2019. I had absolutely no serving experience when I first started looking for a job. Are you a cocktail waitress who wants to share your story?
Researcher Gabriel Jorgewich-Cohen recorded surprising vocalizations from 50 turtle species. Listen to 13 of these seldom-heard turtle sounds, from croaking and squealing to cooing and purring. They were making sounds, too — like the creaking clicks in the clip below. Jorgewich-Cohen recorded 50 different turtle species. The sounds of not-so-silent creaturesJorgewich-Cohen suspects that people don't notice turtle sounds very often because it's hard to hear them through water.
The show put more than 80 outfits from 14 designers in the spotlight, all of which were created with the help of the artificial intelligence software AiDA, short for "AI-based Interactive Design Assistant”. Masked in monochrome blue, wearing outfits that ranged from down jackets to translucent skirts, models strutted past rows of critics and fashion designers. “AiDA is an assistant for fashion designers just to help them, you know, to work together," Wong said. The AiDA system is supported by AI technologies such as image recognition, detection, and image generation, Wong said. AiDA was officially launched with the Fashion X AI show, and is available to designers in Europe and Asia Pacific.
Here are 12 of the weirdest and most fascinating animal behaviors scientists spotted in 2022. Here are 12 bizarre and amazing things animals were spotted doing, some of which had never been seen before. It turned out that at least 12 species of primates had been reported doing so, a review published in the Journal of Zoology in October found. A dolphin swallowed 8 venomous sea snakesA sea snake (indicated with pink arrow), moments before it is captured and eaten by a Navy dolphin. Though animals have often been spotted using tools, these usually are used to give the animal a clear survival advantage.
"It was a complete whirlwind, and it felt too good to be true," Morrison told Insider. "Everyone is given a calendar reminder of when they have to submit a review," one former employee told Insider. Durlston told Insider she wasn't a credible source given the acrimonious nature of her departure from Durlston. "Everyone gets pretty loose at these events," a former employee told Insider, noting the availability of alcohol throughout the day. Bahram told Insider this was not a prohibition but merely a suggestion that it would not be an appropriate arrangement.
An animation showcases how the seasons change with Earth's orbit around the sun. Earth's angle causes very specific weather patterns and daylight during the course of a year. That ancient bump is what caused the Earth's seasons — times of the year that have very specific weather patterns and hours of daylight that vary depending on the latitude. Earth’s seasons are caused by its axis being tilted about 23 degrees. The angle of the Earth's tilt is relatively stable, but there are some slight shifts over large time scales (tens of thousands of years).
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