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☆ American Ryan Crouser wins third straight Olympic gold medal in shot put
▼ + stars: | 2024-08-03 | by ( Andrew Greif | Andrew Greif Is A Freelance Sports Journalist. | ) www.nbcnews.com time to read: +5 min

It made him not only shot put’s farthest thrower of all time — Crouser owns the world and Olympic records — but also indisputably its most dominant. “To say the least.”His opening throw of 74 feet, 3 ½ inches would have been enough to win gold by itself. It is not as though Crouser has won multiple Olympic and world championships while beating up on inferior competition, either. “I don’t really talk when I see him training because he’s the world record holder,” said triple jumper Jaydon Hibbert, a medal contender from Jamaica who competes collegiately for Arkansas. “I’m not going to bother the world record holder.”Ryan Crouser during the London Athletics Meet on July 20.

Persons: Ryan Crouser, — Crouser, putters Ralph Rose, Parry O’Brien, Tomasz Majewski, Bolt, Carl Lewis, Denis, Bernat, Crouser, didn’t, ” Crouser, “, Leonardo Fabbri, Joe Kovacs, ”, Jaydon Hibbert, “ I’m, ” Ryan Crouser, Adam Davy, he’d Organizations: PARIS, Stade de France, Paris Olympics, University of Arkansas, Razorbacks, London Athletics Locations: Saint, France, Oregon, Italian, London, Paris, Rio, Tokyo, Fayetteville , Arkansas, Jamaica, Arkansas

“I think folks think it’s Trump reverting to his Id,” a longtime Republican communications adviser said. “The momentum is with Vice President Harris, and we just need to work our hearts out until Election Day,” Rep. Ro Khanna, D-Calif., said. “We have multiple pathways to 270 electoral votes,” Dan Kanninen, battleground states director for the Harris campaign, said of the threshold for winning the electoral college. Project 2025, which had been attacked by Democrats, announced that it would stop working on policy after taking criticism from the Trump campaign. “Crazy Kamala is saying she’s Indian, not Black,” Trump wrote on social media.

Persons: Donald Trump, Kamala Harris, Joe Biden, Harris, Ohio Sen, JD Vance, National Association of Black Journalists —, —, Trump, ”, Andrew Hitt, “, Kamala, he’s, Sen, Tom Tillis, Biden, Vance, President Harris, Ro Khanna, ” Harris, Chris Kofinis, Hillary Clinton, Ed McMullen, It’s, ” Trump, “ I’ve, Harris ’, it’s, “ Harris, ” Dan Kanninen, ” Kofinis, Lauren Hitt, ” Hitt, Dave McCormick, Democratic Sen, Bob Casey, Jon Tester, Sherrod Brown, Sherrod Brown of Ohio, Brown, Black, rallygoers, Laura Loomer, Mindy Kaling Organizations: Ohio, National Association of Black Journalists, Republican Party of Wisconsin, Trump, NBC, Republican, Democratic, Democratic Party, Republican National Committee, Biden, Washington Post, ”, Trump stewing, Democratic National Convention, GOP, Democrats, Sun, Republicans, Immigration, Customs Enforcement, National Republican, Committee, Democratic Sens, Black, U.S . Senate Locations: Chicago, Harris, Trump, Pennsylvania, Wisconsin, African American, Switzerland, St, Cloud , Minnesota, West, Wisconsin , Michigan, Georgia, Arizona, North Carolina, Nevada, Michigan, Sherrod Brown of, Minnesota

Mortgage rates are down in response to the labor market slowing. Average 30-year mortgage rates are now hovering in the low 6% range, according to Zillow data, the lowest they've been since January 2024. See more mortgage rates on Zillow Real Estate on ZillowToday's refinance ratesMortgage type Average rate today This information has been provided by Zillow. This is a significant slowdown compared when it peaked at 9.1% in 2022, which means mortgage rates should start trending down soon. This means your entire monthly mortgage payment, including taxes and insurance, shouldn't exceed 28% of your pre-tax monthly income.

Persons: you'll, Fannie Mae Organizations: of Labor Statistics, Federal Reserve, Zillow, Mortgage, Association, Sky Locations: U.S, Chevron

☆ My mom had me at 22. Having a young mother has helped us become close friends in adulthood.
▼ + stars: | 2024-08-03 | by ( Jamie Valentino | ) www.businessinsider.com time to read: +5 min

She spent her early 20s raising quadruplet sons. AdvertisementAs a kid, I believed my mom's sole purpose was to raise meThough my mother was young, becoming a parent surely matured her personality. was probably the most common question Mom asked me throughout my early 20s. AdvertisementWorking alongside my mother helped us bond as close friendsDuring the pandemic, I faced the loss of a major consulting gig. Perhaps we could reach our golden years together because — unlike Mom — I have no qualms about retiring early.

Persons: —, I'm, who'd, there's, we'd, Mom, she's Organizations: Service, Business, MCC Locations: New York, Midwest

☆ Tropical Storm Debby moving through Gulf toward Florida
▼ + stars: | 2024-08-03 | by ( ) www.cnbc.com time to read: +7 min

Marc Serota for ReutersA tropical depression strengthened into Tropical Storm Debby north of Cuba on Saturday and was predicted to become a hurricane as it moves through the Gulf of Mexico on a collision course with the Florida coast. A hurricane warning was in effect for sections of the state's coast with tropical storm warnings for the Florida Keys. Debby is the fourth named storm of the 2024 Atlantic hurricane season after Tropical Storm Alberto, Hurricane Beryl and Tropical Storm Chris, all of which formed in June. We're doing everything that we need to be prepared to face a tropical storm," Tampa Mayor Jane Castor said. "We've been in Florida our whole lives, in South Florida, so hurricanes are not really a big, big thing," Silverman said.

Persons: Hurricane Michelle, Marc Serota, Debby, Tropical Storm Alberto, Hurricane, Chris, Michael Brennan, Mike Prendergast, Idalia, Prendergast, Debbie, Flood, Ron DeSantis, Brian Kemp, We've, Jane Castor, Christina Lothrop, Lothrop, Betti Silverman, Debby didn't, Silverman, Marianne Brinson, Crews Organizations: Continental, Cuba, Reuters, Tropical, National Hurricane Center, Florida Keys, Florida, Florida Panhandle, Florida's, Hurricane Center, Key, National Guard, Georgia Gov, House, FEMA, Tampa, Associated Press, Workers, Tampa Bay Times, Sunshine State Locations: Continental United States, Hurricane, Key West , Florida, South Florida, Cuba, Gulf of Mexico, Florida, Tampa, Bahamas, Florida's Gulf Coast, Miami, Bend, Coast, Florida's West Coast, Georgia , South Carolina, Jacksonville , Florida, Georgia, South Carolina, North Carolina, United States, Gulf, Hernando Beach, Crystal, Steinhatchee, Citrus, Levy, Hernando , Manatee, Pasco, Taylor, Citrus County, St . Petersburg, Silverman's, Idalia, Pinellas, Tallahassee

☆ A millennial transformed a house into her pink '90s dream home with a movie theater and arcade. Now she has to sell.
▼ + stars: | 2024-08-03 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +3 min

Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. She's painted her front door and shutters pink, and placed pink flamingo figurines on either side of the path that leads to it. This story is available exclusively to Business Insider subscribers. AdvertisementShe asked to be referred to by her social-media name for privacy reasons, but Business Insider has verified her identity. But when another supplier started selling a suspiciously similar version of her cup-holder purses on Amazon, Gabrielle started struggling financially.

Persons: —, Kate Gabrielle, She's, Instagram, Gabrielle, she's, It's, I've Organizations: Service, Business Locations: Hamilton , New Jersey, Trenton

☆ Opinion | Kamala Harris on Center Stage
▼ + stars: | 2024-08-03 | by ( ) www.nytimes.com time to read: +1 min

To the Editor:Re “Liberal ‘White Dudes’ Are Rallying for Harris” (news article, July 31):Wait, are we really allowed to smile? But now, with the weight of President Biden’s candidacy off our shoulders, we are almost giddy. No longer merely responding to Donald Trump’s taunts, but letting go with a zinger or two of our own. No longer just wringing our hands and holding our heads, but throwing punches and taking selfies. But it does feel awfully nice to be, dare I say it, almost happy with the way things are going.

Persons: Harris ”, Biden’s, Donald Trump’s Organizations: Liberal, Democratic Party, Dems, Republican

We decided on a destination wedding, and my credit card helped make it affordable. We earned lots of points and miles, and it offered useful perks on our flight to Oahu. We decided to get married in OahuWhen our vision for the wedding started to crystallize, we decided on a destination wedding in Oahu. After looking at a few options, we decided to use our Alaska Airlines credit card. We also earned thousands of miles on wedding purchases like the hotel and transportation.

Persons: —, we're, we'd, Read Organizations: Service, Alaska Airlines, Alaska Airlines cardholders Locations: Oahu, Seattle, Hawaii, Kauai, Maui, Austin, Chicago, Manhattan

☆ Emhoff acknowledges affair during first marriage after tabloid report
▼ + stars: | 2024-08-03 | by ( Edward-Isaac Dovere | ) edition.cnn.com time to read: +4 min

CNN —Vice President Kamala Harris’s husband Doug Emhoff acknowledged Saturday in a statement to CNN that he had an affair during his first marriage after the alleged details of the relationship were published by a British tabloid. “During my first marriage, Kerstin and I went through some tough times on account of my actions. The statement comes after the Daily Mail reported that Emhoff had a relationship with one of his then-young daughter’s teachers, which resulted in the end of his first marriage. The person also said that Emhoff had told Harris about the affair well before they got married. Doug Emhoff married Harris in 2014, when he was working as an entertainment lawyer in Los Angeles and she was California attorney general.

Persons: Kamala Harris’s, Doug Emhoff, Kerstin, ” Emhoff, Emhoff, Joe Biden’s, Harris, “, ”, Brian Fallon, Fallon, Kerstin Emhoff, Vance, Cole, Ella, Kamala, Doug, ” Kerstin Emhoff, “ Dougie ”, Biden, “ She’s, “ We’ve, they’re, Samantha Waldenberg Organizations: CNN, Daily Mail, The Daily Mail, Democratic, Biden, Republican, Naval Observatory Locations: British, Los Angeles, California, Washington

☆ Blue-collar entrepreneurs say it's getting harder to turn a profit as competition for 'sweaty startups' heats up
▼ + stars: | 2024-08-03 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +13 min

Sweaty startups are blue-collar businesses, often in unglamorous or laborious fields like septic services, car washes, or lawn care. It's what your grandparents would've just called a small business, but it was a tongue-in-cheek answer to the Silicon Valley-style entrepreneurship being glorified in culture at that time. Still, some small businesses look to private equity to scale their businesses in different markets, even if that means overhauling operations in some cases. "Small businesses partner with private-equity firms because they provide access to capital and organizational support to help companies grow," Drew Maloney, the council's president and CEO, told BI. Alejandro FlorezBoth of his parents were janitors, and when he was a senior in high school he started a small cleaning company that he grew by knocking on doors and cold-calling.

Persons: —, Patrick Hocker, Hocker, he'd, Nick Huber, would've, Huber, he's, Drew Maloney, Stan Chen, Chen, Alejandro Florez, Florez, Chris Salisbury, BuzzFeed — Salisbury, Salisbury Organizations: Service, Business, Bluebird Pest Solutions, Pest, Alpine Investors, American Investment Council, BlackRock, America Locations: Virginia, Pest, Boston, San Francisco, America, Bradenton , Florida, Jacksonville, Orlando, nuDoors, Brooklyn , New York

☆ Saturday’s Olympics schedule is epic. An expert guide to prepare for — and survive — your marathon watch
▼ + stars: | 2024-08-03 | by ( Alex Andrejev | ) www.nytimes.com time to read: +13 min

Not to mention the third round of men’s golf, and men’s and women’s tennis medal matches earlier in the day. Saturday's 31 gold medal events Sport Event Time Archery Women's individual 8:46 a.m. Shooting Men's skeet 9:30 a.m. Surfing Men's final 4 p.m. Surfing Women's final 5:12 p.m. Swimming Mixed 4x100m medley relay 3:58 p.m. Table tennis Women's singles 8:30 a.m. Tennis Men's doubles 6 a.m. Tennis Women's singles Third on courtThere’s also the U.S. women’s soccer quarterfinal against Japan at 9 a.m. Added Tamayo: “You’ve gotta manage your brain, you can’t go too hard.”Step 3: Have a pick-me-upChina’s Zheng Qinwen goes against Croatia’s Donna Vekić in the women’s tennis gold medal match.

Persons: Scott Hanson, Hanson, ”, we’re, “ RedZone, Simone Biles, Katie Ledecky, LeBron James, Sha’Carri Richardson, Léon Marchand, Stephen Nedoroscik, ” Hanson, it’s, Gabriel Bouys, Tom Harris, Year’s Eves, “, Harris, Biles, Nedoroscik, Ledecky, Richardson, Men's, Athletics Women's, There’s, Pace, Ryan Crouser, Ben Stansall, Jonathan Tamayo, Tamayo, —, ” Tamayo, ” Ashton Harrison, Zheng Qinwen, Croatia’s Donna Vekić, Harrison, Devin Altieri —, ” Altieri, you’ve, Altieri, carbo, “ Don’t, Pascal Guyot, Oside, Oluwole, . Hanson, “ I’ve, Peacock's, RedZone, Dan Goldfarb, Sean Reilly, Henry Browne, Hannah Peters, Jamie Squire, Jonathan Nackstrand Organizations: NFL, Paris, Olympic, Getty Images, Times Square Alliance, Stade de France, Athletics, Women's, Athletics Men's, Badminton, Dressage, Japan, U.S, Puerto Rico, Getty, Indy, Pepsi, rugby, USA, Paris Games Locations: U.S, AFP, New York, Florida, Paris, Sebring

☆ Simone Biles spent years working on her mental health after Tokyo. It’s made her an unstoppable force in Paris.
▼ + stars: | 2024-08-03 | by ( Kyle Feldscher | ) edition.cnn.com time to read: +4 min

Paris CNN —The last few years of therapy and mental health work have turned Simone Biles into one of the most unstoppable forces in Paris during these Summer Olympics. “After all these years of putting in the mental work in, it’s paid off. Andrade’s second vault scored high for execution – 9.433 – but her difficulty marks dragged her down. The work on her mental health has not stopped as Biles runs rampant through Paris. “They hurt, but I’m still in therapy working on all that stuff to just make sure my mental health is well.

Persons: Paris CNN —, Simone Biles, Biles, Rebeca Andrade –, Jade Carey, “, it’s, ” Biles, ”, –, Andrade, Cheng, ’ Cheng, It’s, she’s, I’m Organizations: Paris CNN, Texas –, Olympic, Games, Tokyo Locations: Paris, Texas, Tokyo, Biles, Rio de Janeiro, City

☆ With a fire burning just miles away, residents of a Washington town dig in
▼ + stars: | 2024-08-02 | by ( Evan Bush | Evan Bush Is A Science Reporter For Nbc News. | ) www.nbcnews.com time to read: +5 min

“There’s a lot of mistrust going on there.”As fire behavior grows intense because of climate change and overgrown forests, doubts can fester in rural communities as fire managers operate more conservatively than in the past. “Now, we’re seeing fires act more radically, make their own weather and be more unpredictable.”This dynamic is playing out in rural communities elsewhere. Stasiewicz said that based on her own focus groups, surveys and interviews, sentiments like Courtney’s are becoming more common in rural communities. Evacuation often carries a stiff financial cost, she said, and some rural residents worry their properties won’t be prioritized. “We can sometimes see rural communities lose compared to more developed areas.

Persons: we’ve, ”, Amanda Stasiewicz, “, ” Stasiewicz, they’d, Brad Bramlett, ’ ” Courtney, Courtney, Johnston, Magnussen, Stehekin, Stasiewicz Organizations: University of Oregon, “, San Francisco Chronicle, National Interagency Fire Center, National Weather Service, ”, Tourists Locations: West, Northern California, Pacific, Oregon , Washington and Idaho, Lake Chelan, North, Stehekin, U.S

☆ Freed prisoners return to U.S. from Russia and the race to define Kamala Harris: Morning Rundown
▼ + stars: | 2024-08-02 | by ( Elizabeth Robinson | Elizabeth Robinson Is A Newsletter Editor For Nbc News | Based In Los Angeles. | ) www.nbcnews.com time to read: +13 min

Evan Gershkovich, Paul Whelan and Alsu Kurmasheva make an emotional return to the U.S. Simone Biles and Katie Ledecky add to their Olympic medal collections. Jamie Squire / Getty ImagesBiles won gold in the women’s all-around gymnastics final, reclaiming her 2016 title and becoming the first American to win the Olympic all-around gold medal more than once. Brazil’s Rebeca Andrade won silver, and American Suni Lee, who won the all-around gold medal three years ago in Tokyo, took home the bronze. Katie Ledecky made Olympic history when she won a silver medal in the women's 4x200m freestyle relay final on Thursday. The battle intensifies to define HarrisIt goes without saying that Vice President Kamala Harris’ path to de-facto Democratic presidential nominee has been unprecedented.

Persons: Evan Gershkovich, Paul Whelan, Alsu, Simone Biles, Katie Ledecky, Sonya Massey, Biden, Harris, Joe Biden, Kamala Harris, Alsu Kurmasheva, Whelan, Gershkovich, Kurmasheva, “, Vladimir Kara, Murza, Antony Blinken’s, Sergei Lavrov, Suni Lee, Jamie Squire, Biles, Brazil’s Rebeca Andrade, Maddie Meyer, Peacock, Read, rance, wimmer, ▶️, ure, Ana l, J uly, dow, ros, Pres, ena, Gray, ood, Joh, edd, maki, abou, , in Organizations: U.S, Russia, Marine, Joint Base Andrews, Wall Street, Radio Free, Radio Liberty, Paris, unt, pla, us. Locations: Maryland, Germany, U.S, Russia, Slovenia, Norway, Poland, Radio Free Europe, Berlin, Paris, American, Tokyo, Belgium

While most of TIAA’s clients are current or retired workers at nonprofit organizations, TIAA also offers individual retirement accounts to investors online. They didn’t own enough in-house TIAA products, according to the complaint and a recording of Parkin’s presentation. But in two asset classes, the tool’s recommendations are limited to TIAA products, according to the complaint and internal documents. Morningstar selects asset classes and investments for the TIAA tool from those chosen by a retirement plan fiduciary, it said. Paras Griffin / Getty Images fileThe recent push to increase client usage of TIAA’s advice tool appears to be succeeding.

Persons: Ted Fitzpatrick, Fitzpatrick, TIAA, “, ” Fitzpatrick, ’, Chris Tobe, Craig Parkin, Rajotte, ”, Yale, Craig Warga, TIAA hasn’t, Ted Siedle, “ TIAA, ” Siedle, TIAA’s Parkin, Parkin, Thasunda Brown Duckett, “ Thasunda, ” Parkin, ” TIAA, Adriana Macias, Morningstar, Duckett, Rowe Price, TIAA’s, Paras Griffin, it’s, Steers, ‘ Organizations: SEC, New, Cornell University, University of North Carolina System, TIAA, Vanguard, Fidelity, Systems, Yale, Yale University, Bloomberg, Getty, Brown University and Harvard, NBC News, NBC, Morningstar Investment Management, of, Morningstar, “ Morningstar Investment Management, Bank of New York Mellon, Equitable Holdings, Cohen, Steers, & $ Locations: Milwaukee, TIAA, New York, New Haven, Conn, Chicago, Atlanta

☆ Man accused of decapitating father and posting video of his head is competent to stand trial, judge rules
▼ + stars: | 2024-08-02 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: +4 min

DOYLESTOWN, Pa. — The man accused of beheading his father in their suburban Philadelphia home early this year and posting a video of the severed head online is competent to stand trial, a judge ruled Thursday. Corr also granted Mohn’s wish to dismiss his public defender and appoint a different attorney to handle the case. Justin Mohn, 33, of Middletown, Pa., in a video posted to YouTube in which he is also seen holding a decapitated head. “It’s all delusional,” Markey said. According to prosecutors, Mohn fatally shot his father with a pistol and then used a kitchen knife and machete to decapitate Michael Mohn at the Levittown house where they both lived.

Persons: Judge Stephen Corr, Justin Mohn, ”, Corr, Mohn’s, he’d, Mohn, Kelly Chamberlain, Chamberlain, John Markey, King David, Markey, Vladimir Putin, “, ” Markey, didn’t, Ralph Taylor, Michael Mohn, Biden Organizations: National Guard, Levittown, YouTube, WCAU, Prosecutors Locations: DOYLESTOWN, Pa, Philadelphia, Middletown, United States, Russia, Levittown, Ukraine

☆ S&P 500 to reach 6,000 next year even with latest rotation out of tech, says Janney strategist
▼ + stars: | 2024-08-02 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

The current market rotation into small-cap stocks shouldn't come at the expense of the broader equity rally, according to Mark Luschini, chief investment strategist at Janney Montgomery Scott . In fact, Luschini's call for the S & P 500 is that the index could rise to the 6,000 level in the next 12 months. While some investors have called into question the longevity of the current rotation into small-cap names, Luschini believes that the trend's legitimacy has been proven thus far. But at this point, the lagging sectors have built on the gains they have established in the last several weeks to push the market higher. That said, the strategist emphasized the importance of the technology sector in carrying the S & P 500 to his 6,000 target next year.

Persons: Mark Luschini, Janney Montgomery Scott, Luschini, we've, There's Organizations: CNBC, Luschini Locations: U.S

☆ I had my first baby in Switzerland and the second after moving home to Chicago. Giving birth in the US left much to be desired.
▼ + stars: | 2024-08-02 | by ( Chantal Panozzo | ) www.businessinsider.com time to read: +7 min

AdvertisementArrival at the delivery ward in the US vs SwitzerlandSo no, the suburban Chicago hospital had no birthing stool. In Switzerland, the standard of care is a five-day hospital stay for a vaginal birth and a 10-day hospital stay for a C-section. AdvertisementDuring my five-day hospital stay in Switzerland, in addition to constantly monitoring my baby and my health, I was taught to breastfeed, diaper, and bathe my baby. The author found giving birth in Switzerland much easier than back home in Chicago. AdvertisementChantal Panozzo is writing a book about what she wishes she'd known about American life before giving up her Swiss residency permit.

Persons: —, GYN, I'd, Chantal Panozzo, Peterson, haven't, she'd Organizations: Service, Business, Swiss, OB, Commonwealth Fund, Disease Control Locations: Chicago, Switzerland, Swiss, America

☆ Justin Mohn: Man accused of beheading father in their home is competent to stand trial, judge rules
▼ + stars: | 2024-08-02 | by ( Associated Press | ) edition.cnn.com time to read: +4 min

Doylestown, Pennsylvania CNN —The man accused of beheading his father in their suburban Philadelphia home early this year and posting a video of the severed head online is competent to stand trial, a judge ruled Thursday. Corr also granted Mohn’s wish to dismiss his public defender and appoint a different attorney to handle the case. “It’s all delusional,” Markey said. According to prosecutors, Mohn fatally shot his father with a pistol and then used a kitchen knife and machete to decapitate Michael Mohn at the Levittown house where they both lived. Justin Mohn faces charges of first-degree murder, abusing a corpse and possession of instruments of crime.

Persons: Judge Stephen Corr, Justin Mohn, ”, Corr, Mohn’s, he’d, Mohn, Kelly Chamberlain, Chamberlain, John Markey, King David, Markey, Vladimir Putin, “, ” Markey, didn’t, Ralph Taylor, Michael Mohn, Biden Organizations: Pennsylvania CNN, National Guard, Levittown, Prosecutors, YouTube Locations: Doylestown, Pennsylvania, Philadelphia, United States, Russia, Levittown, Ukraine

☆ We're buying more of this tech name and eyeing 6 more stocks as the market drops
▼ + stars: | 2024-08-02 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

Following the trade, Jim Cramer's Charitable Trust will own 260 shares of PANW, increasing its weighting to 2.46% from 2.18%. One way we like to think about buying into a sea of red is remembering what our approach would be if the market was in rally mode. So with stocks selling off, we're looking to do some light buying of high-quality companies with great long-term prospects that we've been waiting for the stock prices to come down. Outside of these tech names, there are some other stocks we may have our eyes on next week. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jim Cramer's, we've, Nikesh Arora, — it's, Jim Cramer, Jim Organizations: Palo Alto Networks, PANW, Nvidia, Web Services, DuPont, Federal Reserve, Jim Cramer's Charitable, CNBC Locations: DuPont, Dover, Wells Fargo

☆ Ex-Google engineers who founded Character.AI rejoin company with new AI partnership
▼ + stars: | 2024-08-02 | by ( Jennifer Elias | ) www.cnbc.com time to read: +3 min

"I am super excited to return to Google and work as part of the Google DeepMind team," Shazeer said in a statement on Friday. I am confident that the funds from the non-exclusive Google licensing agreement together with the incredible Character.AI team positions Character.AI for continued success in the future." The move also comes amid a competitive talent and AI landscape, leading companies to form partnerships against a tough regulatory landscape that has placed scrutiny on mergers and acquisitions. Britain's competition watchdog said earlier this week it is looking into Google's partnership with AI startup Anthropic, for example. In March, Microsoft hired Mustafa Suleyman, a co-founder of AI startup DeepMind that Google acquired in 2014, and much of its staff to lead AI initiatives.

Persons: Noam Shazeer, Daniel De Freitas, Character.AI, Freitas, Axios, OpenAI's ChatGPT, Shazeer, We're, Noam, Mustafa Suleyman, Suleyman, Satya Nadella Organizations: Google, Character.AI, CNBC, Microsoft Locations: Character.AI

☆ Who is Stephen Nedoroscik? The quirky stories of Team USA’s Olympic pommel horse hero
▼ + stars: | 2024-08-02 | by ( Audrey Snyder | ) www.nytimes.com time to read: +14 min

The kids that like doing that boring part are just not your typical kid.”Memes of Nedoroscik sitting and waiting 2-plus hours to compete went viral this week, while phrases like Pommel Horse Guy, America’s Pommel Horse Hero and the Clark Kent of Pommel Horse spread across the Internet. But when it was time to hop on the pommel horse, he delivered an #Olympics moment. This week, The Athletic spoke with some of Nedoroscik’s former teammates, coaches and supporters to hear their best stories of America’s Mr. Pommel Horse. “That’s Stephen. (Matt Marton / USA Today)Taking away the Rubik’s CubeNedoroscik was obsessive and passionate about learning pommel horse.

Persons: Matt Carbone, Carbone, that’s, Stephen, ”, he’s, Stephen Nedoroscik, haven’t, ” Carbone, “ We’re, Nedoroscik, Liz Gonzalez, Bob, it’s, Liz, Bob —, —, Bob Gonzalez, “ They’re, Guy, Clark Kent, Ben Cooperman, ” Cooperman, “, USA's Stephen Nedoroscik, 6vRNnUXhF2, America’s, Michael Meagher, Meagher, Steve, …, ” Meagher, ’, he’ll, ’ ” Meagher, “ That’s Stephen, “ He’s, Kareem Abdul, Jabbar, Cooperman, Matt Marton, Bryan Perla, ” Nedoroscik, “ He’d, Ian Skirkey, “ I’ve, Brennan Pantazis, Pantazis hadn’t, Pantazis, ‘ Brennan, ” Pantazis, Penn, Jack Baldwin, ” Baldwin, “ Stephen, Baldwin, ” Sam Davis, Davis, ” Davis, ” Said Baldwin, “ That’s, Daniela Porcelli Organizations: Sterling Gym, Paris Olympics, U.S, Penn State, Sterling, University of Massachusetts, ’ Worcester Technical High, Engineering, Worcester Tech, Junior, Worcester, NBA, NCAA, Stanford, Penn, Team USA, Rocket, XBox, Rocket League Locations: Sterling ,, Worcester, Paris, USA, Las Vegas, Vegas, Penn State, Eurasia

☆ Watch out for the semiconductor supercycle before you start buying stocks like Nvidia
▼ + stars: | 2024-08-02 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +6 min

Nvidia stock prices have more than doubled since the start of the year, and in June, it briefly became the world's most valuable company. "The boom in spending on AI infrastructure has been a major growth driver for the chip industry," Miller said. Zuckerberg even touted Meta's growing stockpile of Nvidia chips in an interview with The Verge in January, adding that he expects the company to own more than 340,000 Nvidia H100 GPUs by the end of 2024. The boom in data center builds has also spurred significant chip demand. Amazon, Meta, and Google are all designing their own AI chips.

Persons: —, Chris Miller, Miller, Meta's Mark Zuckerberg, Tesla's Elon Musk, Zuckerberg, TSMC, Thomas Rupf, Josie Ananto, Parthenon's Ananto, Jensen Huang, Goldman Sachs Organizations: Service, Nvidia, The Fletcher School, Tufts University, Business, New York Times, Bank Asia, Nvidia Semiconductor, Big Tech, Meta, Google Locations: EY

As the Fed lowers rates, mortgage rates are expected to go down. "Mortgage rates declined to their lowest level since early February," Sam Khater, Freddie Mac's chief economist, said in a press release. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates would impact your monthly payments. 15-Year Fixed Mortgage Rates Barely Tick Down (-0.05%)The average 15-year mortgage rate is 5.55%, five basis points lower than last week. Mortgage rates also rose dramatically in 2023, though they started trending back down toward the end of the year.

Persons: Freddie Mac, Jerome Powell, Sam Khater, Freddie Mac's, you'll, It's, refinance, they've Organizations: Reserve, Zillow, FHA Locations: Chevron

☆ How Does Your State Make Electricity?
▼ + stars: | 2024-08-02 | by ( Nadja Popovich | ) www.nytimes.com time to read: +58 min

Wind turbines provided just 1 percent of the electricity produced in the state in 2001 and nearly 60 percent last year. How Kentucky made electricity from 2001 to 2023 Percentage of power produced from each energy sourceCoal still generates the majority of the electricity produced in Kentucky, a longtime coal mining state. Since then, virtually all of the electricity produced in the state has come from renewable sources, including hydropower, biomass, wind and solar. It has supplied more than 85 percent of the electricity produced in the state every year for more than two decades. Last year, wind supplied more than a fifth of the electricity produced in the state.

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