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The S&P 500 (.SPX) index was down about 1% on Friday though still up 8% on the year. The Labor Department's nonfarm payrolls report on Friday showed a gain of 517,000 jobs in January, almost three times what was expected. The Fed's policy rate is currently in the 4.50%-4.75% range. Those betting that the Fed might cut rates later this year also lost some conviction, with fed funds futures traders now expecting the policy rate to go down to 4.7% in December. Reporting by Davide Barbuscia; Editing by Ira Iosebashvili and Paul SimaoOur Standards: The Thomson Reuters Trust Principles.
SAN FRANCISCO — Cryptocurrency hasn’t worked out so well for tech investors. As a consumer product, supplements are associated more with the Kardashians or Joe Rogan than with Silicon Valley. Roelof Botha, the managing partner of Sequoia Capital, one of the largest venture capital firms in the world, is among those buying in. He said there’s a “societal reawakening” about the complex biome of the human gut where hundreds of species of bacteria live. She co-wrote a review of the science this year, and said future probiotic supplements have promise compared to supplements that have been available for decades.
That hearing discussed an unclassified report issued by a Department of Defense task force in 2021. There is precedent for the Defense Department, scientists and the media playing down reports of UFOs rather than prioritizing truly open scientific inquiry. In the 1950s and 1960s, the Air Force established a UFO task force named Project Blue Book and commissioned an independent scientific study of the phenomena. There is now a danger that the NASA study, which is also supposed to be objective, may not live up to this scientific ideal. If government and academia don’t do so with UFOs, we may end up with another independent scientific panel in another 50 years, but be no closer to the truth.
Newly released body camera video shows Texas law enforcement at the scene of the Uvalde school massacre discussing the need to confront the gunman, but expressing concerns about being shot. I wonder if we can get in there ... and maybe open that door," a trooper says in the video. People mourn at a memorial at Robb Elementary School in Uvalde, Texas, on May 28, 2022. During Thursday's public meeting in Austin, Texas Department of Public Safety Director Col. Steven McCraw said that he does not believe the agency failed the community. Someone is heard in the video saying how there have been no attempts to negotiate with the gunman.
AUSTIN, Texas — The Texas Department of Public Safety fired an officer Friday who was at the scene of the Uvalde school massacre and becomes the first member of the state police force to lose their job in the fallout over the hesitant response to the May attack. Nearly 400 officers in all eventually made their way to the scene, including state police, Uvalde police, school officers and U.S. Border Patrol agents. But the Uvalde mayor, parents of the victims and some lawmakers have accused the Department of Public Safety of trying to minimize its own failures. One of the state troopers put under internal investigation was Crimson Elizondo, who resigned and later was hired by Uvalde schools to work as a campus police officer. She was fired less than 24 hours after outraged parents in Uvalde found out about her hiring.
UVALDE, Texas — Uvalde’s school district superintendent announced Monday he plans to resign by the end of the academic year, following months of community outrage over the handling of the United States’ deadliest school shooting in nearly a decade. The Uvalde school board voted unanimously Monday evening to begin the search for Harrell’s successor. The Uvalde school board did not respond to requests for a copy of Harrell’s statement. The superintendent’s announcement comes a week after school district officials suspended the entire school police force. In July, the Uvalde school board called a special meeting to hear from parents.
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