DIRS.INFO The most relevant business & tech news

☆ China's plan to boost consumption by encouraging trade-ins has yet to show results
▼ + stars: | 2024-09-13 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

A banner plays up China's trade-in policy at a home goods expo in Qingdao, Shandong province, China, on June 1, 2024. Nurphoto | Nurphoto | Getty ImagesBEIJING — China's plan to boost consumption by encouraging trade-ins has yet to show significant results, several businesses told CNBC. Analysts are not overly optimistic about the extent to which the trade-in program could support retail sales. China's retail sales for August are due Saturday morning. Retail sales in June rose by 2%, the slowest since the Covid-19 pandemic, while July sales growth saw a modest improvement at 2.7%.

Persons: Jens Eskelund, Tao Wang, Sally Loh, Otis, Kone, We've, Ilkka Hara, Hara Organizations: Nurphoto, Getty, BEIJING, CNBC, EU Chamber of Commerce, UBS Investment Bank, China, U.S, Otis Locations: Qingdao, Shandong province, China, Greater China

Many mental health advocates worry whether the Georgia community will receive the mental health support it is likely to need in the wake of the shooting. Andy Miller for KFF Health NewsSo health providers worry that in the coming days, months, and years the community will struggle to find help for their mental health needs. Georgia ranks nearly last among states in access to mental health care resources, according to Mental Health America, a nonprofit that advocates for increased mental health spending. The lack of mental health care remained a top concern in the region during a follow-up assessment in 2022. But immediately following the shooting, mental health providers across the region still had to cobble together free resources for area residents.

Persons: ” Amanda McKee —, Asa Deslonde, Apalachee —, “, Howard Liu, Andy Miller, ”, Sean Couch, Barrow, Roland Behm, Behm, Tamara Conlin, William Smith, Paul Soost, Conlin, Dr, Sanjay Gupta, McKee, Asa ., Richard Aspinwall, ” McKee, “ They’re Organizations: Health, Apalachee High School, Northeast, Northeast Georgia Medical, International Association for Suicide Prevention, Befrienders, Apalachee, Communications, American Psychiatric Association, KFF Health, Georgia Health, Georgia Mental Health, Partnership, Mental Health America, U.S Census Bureau, Behavioral Health Systems, Health Survey, Barrow County School System, Northeast Georgia Medical Center, Lutheran Church Charities, Atlanta Center, CNN, CNN Health, KFF Locations: WINDER, Ga, Northeast Georgia, Barrow, Atlanta, Georgia, Barrow County, Athens, Gainesville, Northeast Georgia Medical Center Barrow, Winder , Georgia, Nebraska, , Texas

☆ 2 things millennials tend to spend way too much money on, according to financial planners
▼ + stars: | 2024-09-13 | by ( Business Insider | Stephanie Hallett | ) www.businessinsider.com time to read: +5 min

Financial planners say millennials have a few not-so-great spending habits. According to financial planners, there are two things millennials overspend on way too often. AdvertisementFinancial planners say it's OK to spend your money on these things, but it becomes a problem when it doesn't fit into your budget or you're not meeting your financial goals. "I think most people, not just millennials, don't really have a budget and don't know how much they spend. This will help you figure out your discretionary spending budget once you've covered your priorities.

Persons: —, they've, Clari Nolet, Hewins, millennials, Nolet, doesn't, Asad Gourani, you've, lattes, Gourani Organizations: Service, AG Wealth Management

☆ Ig Nobel prize: Scientists who discovered mammals can breathe through their anuses receive award
▼ + stars: | 2024-09-13 | by ( Issy Ronald | ) edition.cnn.com time to read: +4 min

But thanks to the efforts of the research teams awarded the IG Nobel Prize on Thursday, some of these questions – which you might not even have thought existed – now have answers. Professor Sander Woutersen, right, displays an oversized stuffed worm while accepting a shared Ig Nobel Prize in chemistry for research using chromatography to separate drunk and sober worms. Steven Senne/APAmong those collecting their prizes was a Japanese research team led by Ryo Okabe and Takanori Takebe who discovered that mammals can breathe through their anuses. A Dutch-French research team also produced a live demonstration when they collected the chemistry prize to explain how they used chromotagraphy to separate drunk and sober worms. On that note, some of the items in the box were missing, presenters said, and the box itself was “almost impossible to open.”

Persons: –, ”, Sander Woutersen, Steven Senne, Ryo Okabe, Takanori Takebe, B.F Skinner, Jacob White, Felipe Yamashita, James C, Liao, Fordyce Ely, William E, Petersen Organizations: CNN, eBay, Murphy’s Locations: Japanese, European, French, Chilean

☆ Pro-Russian posters appear on billboards across Italy
▼ + stars: | 2024-09-13 | by ( Barbie Latza Nadeau | ) edition.cnn.com time to read: +4 min

Rome CNN —Hundreds of posters have appeared on billboards across Italy this summer, bearing the slogan: “Russia is not our enemy” and depicting a handshake in the colors of the Italian and Russian flags. In Rome, the posters drew ire from the mayor’s office because they featured both the city’s name and its official symbol. In a decree to local police and the advertising company that owns the billboards in Rome, it ordered the removal of all posters. Earlier this month, they met at the European House’s Ambrosetti Forum in Cernobbio, northern Italy. The Russian propaganda posters have not caused notable outcry among the Italian public, in part because they started appearing during the summer months, when most Italians take their vacations.

Persons: Rome, Sovranita Popolare, Piazza Mazzini, Giorgia Meloni, Volodymyr Zelensky, Silvio Berlusconi –, Vladimir Putin, Matteo Salvini Organizations: Rome CNN, Nations, CNN, European Union, Putin, European Council of Foreign Relations Locations: Italy, Russia, Rome, Ukraine, Israel, Verona, Modena, Parma, Pisa, Calabria, Ukraine’s, Eternal, ”, Europe, Cernobbio, Red, Greece, Bulgaria, Russian

☆ I quit BlackRock after slogging my way to VP in 7 years. I have no regrets.
▼ + stars: | 2024-09-12 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +6 min

I remembered meeting up with friends who didn't work in the industry. AdvertisementLeaving BlackRock for the startup worldI took an 80% pay cut when I quit my job at BlackRock to join Style Theory, a fashion rental startup. Ong took an 80% pay cut when she left BlackRock for Style Theory. One thing that Style Theory offered me was the huge amount of autonomy I had as an employee. After leaving Style Theory, I moved to Singapore just a few months before the COVID-19 pandemic hit.

Persons: —, Jennifer Ong, BlackRock, Ong, Jennifer, I'd Organizations: Service, BlackRock, Business Locations: Singapore

☆ Here's the deflation breakdown for August 2024 — in one chart
▼ + stars: | 2024-09-12 | by ( Greg Iacurci | ) www.cnbc.com time to read: +4 min

It means that, in aggregate, the average prices of goods and services are rising, just more slowly. Where prices have deflatedFor example, prices have declined by about 5% for furniture and bedding and 3% for appliances since August 2023, according to CPI data. Outside of supply-demand dynamics, the U.S. dollar's strength relative to other global currencies has also helped rein in prices for goods, economists said. Airline fares have declined about 1% over the past year, according to CPI data. Grocery prices have fallen for items such as apples, potatoes, ham, coffee, rice, seafood and bananas, according to CPI data.

Persons: Stephen Brown, it's, Sarah House, They've, women's outerwear, Brown Organizations: North, Capital Economics, Finance, Social Security, Wells, Wells Fargo Economics, U.S, International Air Transport Association Locations: U.S, North America, Wells Fargo, China

☆ Fake GPT-written studies are flooding Google Scholar. Here's why taking them down could make things worse.
▼ + stars: | 2024-09-12 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +4 min

Read previewScientific papers suspected of using artificial intelligence are appearing in Google Scholar, one of the most popular academic search engines. "They are often created with widely available, general-purpose AI applications, most likely ChatGPT, and mimic scientific writing," the study said. NurPhoto/Getty ImagesResearchers gathered data by analyzing a sample of scientific papers pulled from Google Scholar that showed signs of GPT use. Many of the research papers involved controversial topics like health, computing, and the environment, which are "susceptible to disinformation," according to the study. The study also identified two main risks from the "increasingly common" decision to use GPT to create "fake, scientific papers."

Persons: —, Harvard Kennedy, ChatGPT, OpenAI, deceitfully Organizations: Service, Google, Harvard, Business, Meta

☆ Here’s what spending too much time on your phone can do to your kids
▼ + stars: | 2024-09-12 | by ( Kara Alaimo | ) edition.cnn.com time to read: +8 min

What’s more, when kids watched screens with their parents, the study found it didn’t help their language skills. Tulviste said the research team is planning a follow-up study to investigate patterns of screen use during the pandemic and the impact on kids’ language skills. But the negative impact on language development isn’t the only danger kids face when parents and guardians are on their phones, according to past research. The American Academy of Pediatrics offers advice on how to calm kids of different ages without screens on its website. Then, when they leave, I do my best to put my devices away and give my kids my full attention.

Persons: CNN —, ”, Jenny Radesky, don’t, ’, Tiia, Dr, Jaan Tulviste, Tulviste, Radesky, Lauren Tetenbaum, “, Tetenbaum, — it’s, —, it’s, Kara Alaimo Organizations: CNN, American Academy of Pediatrics, Excellence, Social Media, Mental, Estonia’s University of Tartu, University of Tartu, T’s, AAP, ”, Fairleigh Dickinson University, Women, Press, Facebook Locations: Westchester County , New York

☆ American Airlines flight attendants ratify new contract with immediate raises topping 20%
▼ + stars: | 2024-09-12 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

American Airlines flight attendants approved a five-year labor deal, ending one of the industry's most contentious contract negotiations and giving cabin crews raises of up to 20.5% at the start of October. Eighty-seven percent of the American Airlines flight attendants who voted approved the contract, the union said Thursday, shortly after polls closed. Flight attendants are the biggest unionized work group at the Fort Worth-based airline. "Reaching an agreement for our flight attendants has been a top priority, and today, we celebrate achieving this important milestone," American CEO Robert Isom said in a statement. United Airlines and its flight attendants' union are still negotiating for a new contract, while Alaska Airlines cabin crew members recently rejected a tentative labor deal.

Persons: Julie Hedrick, Pete Buttigieg, Julie Su, Robert Isom Organizations: Association of Professional, Fort Worth International, American Airlines, Fort, Transportation, Labor, National, United Airlines, Alaska Airlines, Boeing Locations: Dallas, DFW, Dallas , Texas, Fort Worth, Hollywood

The pace of inflation likely moderated again in August — further relief for beleaguered consumers still smarting from pandemic-era price shocks. Though price growth has largely returned to the Federal Reserve's official 2% target, the sting of rapid price increases over the past four years lingers for many consumers. The latest inflation report is likely to cement a 0.25% cut in the Federal Reserve's key interest rate, currently at about 5.3%, later this month. But experts say it will take some time for consumers to feel the impact of the lower interest rate — and the relatively small size of the cut means borrowing costs will still be somewhat elevated. While the Fed is now widely expected to cut interest rates, a cut of just 0.25% may not be enough to stave off that scenario.

Persons: —, There's, Joe Biden, Kamala Harris, Zillow, Paul, ” Marina Walsh, ” Walsh, Torsten Slok, Slok, Sophia Kearney, Jerome Powell's, Kearney, Lederman Organizations: of Labor Statistics, Federal Reserve's, Democratic, Labor Statistics, Princeton, “, Mortgage Bankers Association, Apollo Global Management, FHN, NBC News, Fed Locations: U.S, New York, Los Angeles, Minneapolis, St, Las Vegas, Phoenix

Here's what Harris and Trump got right and wrong on the debate stage in Philadelphia. Fact check: Trump calls Harris’ dad a Marxist“Her father’s a Marxist professor in economics, and he taught her well," Trump said. Fact check: Trump claims Harris ‘wants to confiscate your guns’“She wants to confiscate your guns,” Trump claimed. We’re not taking anybody’s guns away.”Fact check: Harris says Trump oversaw manufacturing job losses“Donald Trump said he was going to create manufacturing jobs. Fact check: Trump says he has ‘nothing to do with Project 2025’“I have nothing to do with Project 2025.

Persons: Kamala Harris, Donald Trump, Harris, Trump, Harris ’, That’s, Donald Harris ’, Karl Marx’s, Harris ‘, ” Trump, Tim Walz, We’re, that’s, Muir, I’ll, ” Harris, Biden, Putin, ” Trump hasn’t, ”, hasn’t, they’ve, Obamacare, “, William Barr, They’ve, It’s, Harris “, We’ll, we’ll, “ Donald Trump, Let’s, he’s, Xi —, —, you’re, don’t, “ It’s, they’re, isn’t, I’m, Karoline Leavitt, Sen, Marco Rubio, Frank McKenzie, Mark Milley, Ashraf Ghani, West Virginia —, Walz, Ralph Northam, Northam, Vance, hedged, John Kirby, we’ve, it’s Organizations: Trump, NBC News, Stanford University, Afghan, Pentagon, Washington Post, Post, United States, ISIS, Republicans, United, FBI, U.S, D.C, U.S . Energy Information Association, Ohio, Capitol, Taliban, National Security, Al, Republican, U.S . Central Command, Joint Chiefs, CNN, American Civil Liberties Union, Centers for Disease Control, Virginia Gov, NBC, White, Heritage Foundation, U.S . Customs, Protection, CBP, Office, American Progress Locations: U.S, Philadelphia, Afghanistan, Russia, Ukraine, Kyiv, Crimea, Moscow, Iraq, Syria, Iraq’s Anbar, Somalia, Africa, Red, United States, Georgia, Wisconsin, Georgia , Wisconsin, Pennsylvania, New York City, Aragua, Venezuelan, Washington, California , Maryland, Vermont, Andalia , Ohio, China, Mexico, Al Qaeda, Florida, Saigon, Doha, Kabul, airport’s, West Virginia, Virginia, Ohio, Springfield , Ohio

Kamala Harris and Donald Trump clashed in their first presidential debate Tuesday in Philadelphia, less than two months before Election Day. Heading into the debate, Harris appeared to have more to gain — and more to lose. Here are five key takeaways from the debate. “I made that very clear on 2020 I will not ban fracking,” Harris said. We don’t even know if he’s the president,” Trump said toward the end of the debate.

Persons: Kamala Harris, Donald Trump, Harris, ”, Trump, “ I’ve, MAGA, ” Harris, Let’s, Joe Biden, Biden, ” Trump, “, fracking, he’s “, there’s, Roe, Wade, Sen, JD Vance, Vance, JD —, Xi Jinping, Hannibal Lecter, Trump bashes Biden, pithy Harris, doesn’t, You’re Organizations: New York Times, Trump, Biden, Democratic, NBC, Press, Congress, Keystone XL Locations: Philadelphia, Siena, America, United States, fracking, Pennsylvania, Ohio

Here’s what to know:When do voting by mail and early voting start? In some states, mail ballots must be in the hands of election officials before polls close, but others will count ballots that arrive after Election Day if they were postmarked earlier. About a quarter of voters cast ballots in person before Election Day, and about a quarter of voters cast ballots in person on Election Day, according to that survey. Some states will not be as accommodating of early or mail-in voting in 2024. Alaska and Rhode Island are unique because they only allow Election Day registration in the presidential election.

Persons: CNN — It’s, Robert F, Kennedy Jr, Donald Trump, Kamala Harris, Trump, Sen, JD Vance, Tim Walz, SSRS, Joe Biden, Biden, I’m, you’re Organizations: CNN, District of Columbia, Minnesota Gov, Pew Research Center, Trump voters, Pew, Social, Voting Locations: North Carolina, Alabama, Wisconsin, Washington, Minnesota , South Dakota, Virginia, Ohio, Trump, Pennsylvania, Rhode, Alaska

☆ Who is Chappell Roan: Timeline of the singer’s rise to fame
▼ + stars: | 2024-09-11 | by ( Scottie Andrew | ) edition.cnn.com time to read: +12 min

CNN —Chappell Roan is having the year of her life. The rise of Chappell Roan, 2014 — 2015Chappell Roan hails from Willard, Missouri. This is when she adopts the stage name Chappell Roan — her late grandpa’s name was Chappell. “It’s been very freeing to be like, ‘Oh, Chappell Roan is my drag project.’”September 22, 2023: “The Rise and Fall of a Midwestern Princess” debuts, exactly six years after she put out her first EP as Chappell Roan. Chappell Roan at the Governors Ball in June in Queens, New York.

Persons: CNN — Chappell Roan, she’s, Roan, —, Britney Spears, Beyoncé, Chappell Roan, “ I’ve, It’s, ”, Roan’s, Kayleigh Rose, Troye Sivan, “, ” “ i’ve, ” Sivan, Chappell Roan —, Chappell, Jim Bennett, ” Chappell, Vance Joy, Declan McKenna, ” Roan, Tom Power, it’s, Dan Nigro, Olivia Rodrigo, Stone, TikTok, Fletcher, ” Crayola, “ It’s, Oh, ’, ” “, Jimmy Fallon, Astrida Valigorsky, Babe, Kate Bush, Lady, She’s, Marie Antoinette, Governors Ball, Nina Westervelt, Babe ! ”, Fallon, Sasha Colby, who’ve, “ I’m, Gaga’s Organizations: CNN, MTV, YouTube, Atlantic Records, Getty, Roan, Pony, ”, Sony, Amusement Records, Records, Boston, NPR, “, Lady Liberty, New, Governors, Spotify Locations: Missouri, Willard , Missouri, Seattle, Los Angeles, Manhattan, Los Angeles and New York, North America, London, Roan, Queens , New York, Chicago

☆ Here’s the inflation breakdown for August 2024 — in one chart
▼ + stars: | 2024-09-11 | by ( Greg Iacurci | ) www.cnbc.com time to read: +5 min

"We'd expect inflation to continue to subside," though with "some ups and downs" in the data from month to month, House said. Housing inflation is falling but still highInflation for physical goods spiked as the U.S. economy reopened in 2021. Shelter is largest component of the CPI, and therefore has an outsized effect on inflation readings. Such data quirks mask positive news in the real-time rental market, which has seen minimal inflation for about two years, economists said. However, shelter CPI inflation has appeared to defy gravity lately: It increased on a monthly basis for two consecutive months, from 0.2% in June to 0.4% in July, and then to 0.5% in August.

Persons: Grace Cary, Sarah House, It's, hasn't, Paul Ashworth, Ashworth, — Organizations: Wells, Wells Fargo Economics, U.S . Department of Labor, North, Capital Economics, U.S . Federal, Finance, CPI, BLS Locations: U.S, Wells Fargo, North America

☆ Willo, a recruitment tech startup, just raised funding from Mimecast's former CEO using this 19-slide pitch deck
▼ + stars: | 2024-09-11 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

Founded in 2018, Willo provides companies in over 180 countries with technology to conduct and process video interviews for job candidates. This story is available exclusively to Business Insider subscribers. During the COVID-19 pandemic, it pivoted to become a solution for hiring remotely using video technology. The company offers one-way recorded video interviews to help employers get what it describes as unbiased and consistent responses from candidates. "We've grown into a more mature product now, with companies able to interview in many different ways," Euan McCameron, CEO at Willo, told Business Insider.

Persons: —, Willo, Euan McCameron, We're, McCameron, Peter Bauer Organizations: Service, Willo, Prada, Samsung, Toyota, Business Locations: Glasgow, Scotland

☆ After 75 days of political upheaval, a changed race prepares for another debate
▼ + stars: | 2024-09-10 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Alex-Seitz-Wald-Circle-Byline-Template.Jpg | Alex Seitz-Wald | ) www.nbcnews.com time to read: +6 min

Tuesday’s debate between Vice President Kamala Harris and former President Donald Trump is the culmination of 75 days of utter and unprecedented campaign chaos — and the beginning of a 55-day race to Election Day through equally uncharted waters. The best-polling third-party candidate in a generation, Robert F. Kennedy Jr., saw his numbers collapse, and he is out of the race and supporting Trump. The sides even flipped on the debate rules, with the Harris campaign (unsuccessfully) pushing for open microphones during the whole debate after Biden’s team favored turning candidates’ mics off when it is not their turn. Harris’ campaign put a policy page on her website only on Monday. For making it through the past 75 days of chaos, America now gets 55 days of unpredictability with little precedent in modern history.

Persons: Kamala Harris, Donald Trump, —, ”, Jared Leopold, Joe Biden, Sen, JD Vance, Tim Walz, Robert F, Kennedy Jr, Harris, ’, Craig Snyder, Snyder, Haley, Nikki Haley, Matt Gorman, “ Kamala, Trump, Caitlin Legacki, Legacki, Biden, Walz, Harris ’, Richard Czuba Organizations: Trump, Minnesota Gov, Republican, Democratic, Democrats ’, Biden, Detroit, Michigan Locations: R, Ohio, Philadelphia, Pennsylvania, Covid, Gaza, Lansing, America

Harvey Weinstein had heart surgery Monday after he complained of health issues and was moved from a New York City jail to a hospital, a representative for the disgraced movie mogul said. Weinstein, whose 2020 rape conviction was overturned in April, remained in recovery at the intensive care unit at Bellevue Hospital on Monday night, said the representative, Craig Rothfeld. Weinstein was moved from Rikers Island jail to the hospital after complaining that he didn’t feel well and had experienced significant weight gain from medication, Rothfeld said. He underwent pericardiocentesis surgery Monday morning to alleviate a significant amount of fluid from his lungs and heart, Rothfeld said. In July, Weinstein was hospitalized for a “myriad of health conditions” and tested positive for Covid-19 and double pneumonia, his representative said.

Persons: Harvey Weinstein, Weinstein, Craig Rothfeld, Rothfeld, Oscar Organizations: Bellevue Hospital, Hollywood, NBC Locations: New York City, Rikers, New York, Los Angeles, York

☆ Starting college life? Here are 5 tips to manage mental health
▼ + stars: | 2024-09-10 | by ( Andrea Kane | ) edition.cnn.com time to read: +8 min

(CNN) — College students are carrying a lot of baggage with them as they head off to campus this fall — and not just the usual dorm accoutrements. One of the biggest challenges facing students, Roy said, is the same one confronting society at large. Know that relationships will evolveRelationships with family members and friends will likely change during college, Roy said. “Often, what’s needed is a caring, compassionate support system and time to navigate the ups and downs of college life,” she said. We hope these five tips help set up your family for a successful transition to college life.

Persons: Sanjay Gupta, it’s, Dr, Nance Roy, Roy, ” Roy, “ They’ve, ‘, ’ ”, ”, “ Organizations: CNN, — College, US Centers for Disease Control, JED, Yale School of Medicine’s, “, ” Locations: Gaza

☆ Bali considering a ban on new hotels amid overtourism struggles
▼ + stars: | 2024-09-10 | by ( ) edition.cnn.com time to read: +2 min

The moratorium is part of the government’s bid to reform tourism on Bali, one of Indonesia’s main attractions, to try to boost quality and jobs while preserving the island’s indigenous culture. The governor’s office and Indonesia’s tourism ministry did not immediately respond to requests for comment on Monday. Luhut has previously said about 200,000 foreigners now live in Bali, contributing to problems such as crime, over-development and competition for jobs. Foreign arrivals in Bali have surged since it re-opened for tourism after the COVID-19 pandemic. There were 541 hotels in Bali last year, the figures show, up from 507 in 2019.

Persons: Hermin, Sang, Mahendra Jaya, Luhut Pandjaitan, Luhut Organizations: Reuters —, Coordinating Ministry of Maritime and Investment Affairs, Reuters Locations: Reuters — Indonesia, Bali, Indonesia

☆ Top banking analyst Mayo says Citi shares can double over the next 2-and-a-half years
▼ + stars: | 2024-09-10 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +1 min

Wells Fargo bank analyst Mike Mayo highlighted Citigroup stock as his favorite bank name on Tuesday while speaking on CNBC's " Squawk on the Street ." Shares of Citigroup could double over the next two-and-a-half years "simply by going back to tangible book value," Mayo said. Citigroup sold for 73% of tangible book at the end of June, up from 60% at the end of last December, according to FactSet data. "Even after running this model, banks still have plenty of excess capital to support the economy," Mayo noted. "Recession or no recession; higher rates or lower rates … whatever hits you, I think banks are able to weather it quite well now."

Persons: Mike Mayo, Mayo, Jane Fraser Organizations: Citigroup, Federal Reserve, UBS, Lehman Brothers, Credit Suisse, Prudential, Deutsche Bank, Federal Locations: Wells Fargo, . U.S

☆ Median income rose to $80,610 in 2023
▼ + stars: | 2024-09-10 | by ( Tami Luhby | ) edition.cnn.com time to read: +4 min

Median household income rose to $80,610 in 2023, essentially the same as it was in 2019, the Census Bureau reported Tuesday. The typical household’s income rose 4% from 2022, driven primarily by an increase in workers’ earnings. There were widespread gains across the income ladder, though income inequality did not change significantly between 2022 and 2023. Changes in the poverty rateThe official poverty measure fell to 11.1% in 2023, down 0.4 percentage points from the year before. The supplemental poverty measure has been closely watched in recent years because it showed the impact of many federal Covid-19 pandemic relief programs.

Persons: ”, Arloc Sherman, Donald Trump, Kamala Harris, Harris, Sen, JD Vance, Biden Organizations: CNN, Census, Budget

☆ What to watch during the Trump, Harris debate on ABC
▼ + stars: | 2024-09-10 | by ( Gregory Krieg | ) edition.cnn.com time to read: +13 min

Here are six things to watch for on Tuesday night:Will Harris deliver the policy message voters say they want to hear? More than her convention speech, the debate will provide a platform for Harris to answer some of those questions. This image shared by ABC News shows the stage in Philadelphia ahead of the debate between Harris and Trump. Rebecca Wright/CNNWhen Harris sticks by Biden’s policies, Trump attacks them and her as a failure. What’s not up for debate is that Biden, though absent in person, figures to be a prominent figure on the debate stage.

Persons: CNN — Kamala Harris, Donald Trump’s –, Trump, Joe Biden, Harris, Biden, –, Will Harris, Al Drago, ”, Zach Wolf, MAGA, CNN’s Dana Bash, ” Harris, Biden’s, Rebecca Wright, parry, What’s, Wade, “, Vladimir Putin –, unreservedly Organizations: CNN, Democratic, New York Times, Siena College, Trump, ABC News, ABC, Howard University, Democratic National Convention, Republican, White Locations: Philadelphia, Atlanta, Georgia, Chicago, Mexico, Florida, Gaza, Ukraine, Israel, Trump , Russian, Palestinian

☆ AstraZeneca shares fall 5% on disappointing lung cancer drug trial results
▼ + stars: | 2024-09-10 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

An illustrative image of a person holding a medical syringe and a Covid-19 vaccine vial in front of the the AstraZeneca logo displayed on a screen. On Wednesday, January 12, 2021, in Edmonton, Alberta, Canada. (Photo by Artur Widak/NurPhoto via Getty Images)AstraZeneca shares fell more than 5% Tuesday morning, the biggest one-day drop in seven months, after the British pharmaceutical giant announced disappointing lung cancer drug trial results. The Covid-19 vaccine maker was trading at the bottom of the FTSE 100 and dragged the wider healthcare sector lower after data published Monday showed that its experimental drug did not significantly improve overall survival results for patients. The late-stage trial results from the TROPION-Lung01 Phase III trial showed that the overall survival rate from the new drug "did not reach statistical significance," the company said.

Persons: Artur Widak Organizations: AstraZeneca, Getty Images Locations: Edmonton , Alberta, Canada, London

Search resuls for: "Covid-19"

25 mentions found