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Our experts answer readers' credit card questions and write unbiased product reviews (here's how we assess credit cards). Of course, I paid with a rewards credit card to "double dip" on the bonus miles and the regular rewards earned for spending. I'm taking advantage of programs like Amex Offers, Chase Offers and Capital One Offers to earn more rewards. If you pay credit card interest because you carry a balance each month, using a credit card will cost you in the long run. Products in this post: Chase Sapphire Preferred® Card, Chase Freedom Flex℠ , Capital One Venture X Rewards Credit Card

Persons: Holly Johnson, —, I've, Chase, I'm, that's Organizations: Business, Apple, Service, Chase, PayPal, Costco, Amex, Products, Capital Locations: Nike.com, Macy's, Chase, Lululemon

☆ Fraud-trial judge calls Trump to the stand, then fines him $10,000 for violating his gag order
▼ + stars: | 2023-10-25 | by ( Laura Italiano | Grace Eliza Goodwin | ) www.businessinsider.com time to read: +2 min

A judge fined Donald Trump $10,000 on Wednesday for violating his gag order again. AdvertisementAdvertisementThe judge in Donald Trump's New York fraud trial called the former president to the stand in a Manhattan courtroom on Wednesday, then doled out a $10,000 fine to the ex-president for violating his gag order. "This judge is a very partisan judge," Trump was quoted by the AP as saying, "with a person who is very partisan sitting right beside him, perhaps even more partisan than he is." AdvertisementAdvertisementBut Engoron didn't buy it, and ordered the former president to pay a fine of $10,000 for violating the gag order. The $10,000 fine was levied on top of a $5,000 gag-order-violation fine the judge levied, for similar offense, just five days prior.

Persons: Donald Trump, Trump, Michael Cohen, —, Donald Trump's, Arthur Engoron, Engoron, he's Organizations: Service, Trump Locations: York, Manhattan

The $15.50 per month price for Netflix's most popular streaming option in the U.S. will remain unchanged, as will a $7 monthly plan that includes intermittent commercials. The increase left Netflix with about 247 million worldwide subscribers, well above the 243.8 million projected by analysts surveyed by FactSet Research. Netflix has picked up more than 16 million subscribers through the first nine months of the year, already eclipsing the 8.9 million subscribers that it added all of last year. The crackdown also has boosted Netflix’s in another way – current subscribers can share their accounts with someone living outside their households by paying higher monthly fees. The higher prices for Netflix's premium plans also seems likely to divert more subscribers into the ad-supported option.

Persons: it’s, ’, Greg Peters, hasn’t, Harding, Uday Cheruvu, Peters, ” Cheruvu, “, ”, Scott Purdy Organizations: FRANCISCO, Netflix, FactSet Research, Google, Facebook, Microsoft, KPMG Locations: U.S, —, France, Los Gatos , California

To win, he'll need support from nearly every House Republicans, having few votes to spare in a chamber they only narrowly control. “One person says disruption," Jordan told The Associated Press in 2017. That helped him land a coaching job at Ohio State University before his election to the Ohio legislature in the mid 1990s. I never saw, never, heard of, never was told about any kind of abuse,” Jordan told Fox News in 2018, suggesting that the allegations against him were politically motivated. Jordan repeatedly cast doubt on the outcome of the contest while organizing the House Republican response.

Persons: Jim Jordan, John Boehner, he'd, Boehner, Jordan, Donald Trump, Kevin McCarthy, Jordan speakership, Liz Cheney, ” Cheney, ” Jordan, “, Bob Taft, —, Richard Strauss, Strauss, ” Adam DiSabato, DiSabato, “ Jim Jordan, “ He’s, Polly, I’m, ’ ”, Matt Huffman, Joe Biden, Biden, corruptly, Trump, Scott Perry, Bryan Cutler, Mike Pence, Cassidy Hutchinson, Mark Meadows, ” Trump, Hutchinson Organizations: WASHINGTON, —, Republican Party, Republican, Republicans, Capitol, Ohio State University, Associated Press, University of Wisconsin, GOP, Republican Gov, Caucus, Ohio State, Fox News, Congress, Trump, White, Committee, House Intelligence, ” Locations: “, Dayton, Ohio, Columbus, Congress, Washington, Russia, House, Pennsylvania

☆ Allen Weisselberg, Trump's loyal ex-CFO, calls tripling the size of Trump's penthouse in financial records a 'minor' mistake
▼ + stars: | 2023-10-10 | by ( Laura Italiano | ) www.businessinsider.com time to read: +6 min

Trump's loyal ex-CFO, Allen Weisselberg, began court-ordered testimony in the NY civil fraud trial. On the stand Tuesday, Weisselberg called tripling the size of Trump's penthouse a "minor" mistake. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAdvertisement"I don't recall," Weisselberg answered. Asked if, once put on the alert by Forbes, he ever thought to quickly and conveniently check the files right outside his door, Weisselberg answered, "I don't recall."

Persons: Trump's, Allen Weisselberg, Weisselberg, —, Letitia James, Donald Trump's, Trump, James, Louis M, Solomon, Forbes, Donald Trump , Jr, Eric Trump –, Arthur Engoron, Engoron Organizations: Service, New York, Trump Organization's, Trump Org, Forbes, Deutsche Bank, Trump, New Locations: Manhattan's, Manhattan, Trump, New York

☆ Investing in Space: Trust NASA's private orbital station development process
▼ + stars: | 2023-10-05 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +3 min

NASA astronaut Frank Rubio peers out of a window aboard the SpaceX's Crew Dragon spacecraft Freedom while docked to the International Space Station. I don't know if NASA's Angela Hart is a Sixers fan, but her take on the current landscape of private space station development matches the "trust the process" rallying cry that the Philadelphia basketball team made so famous. And I agree with Hart, NASA's top commercial space station official: It's early days of companies taking the lead on orbital research habitats. To rewind a bit here: The International Space Station is expected to retire in 2030, so NASA is helping fund development of next-generation orbital habitats. With all that said, three key facts in the private space station landscape haven't changed:

Persons: Frank Rubio, CNBC's Michael Sheetz, NASA's Angela Hart, Hart, Northrop Grumman, Lockheed Martin Organizations: NASA, International Space, Sixers, Philadelphia basketball, Cargo, Voyager, Airbus, Lockheed, Origin, Blue, SpaceX Locations: U.S

DES MOINES, Iowa (AP) — The numbers were drawn Saturday night for an estimated $960 million Powerball jackpot and players across the country are waiting to see if there’s a big winner. The $960 million jackpot is for a sole winner who opts for payment through an annuity, doled out over 30 years. The jackpot has grown so large because there have been 29 consecutive drawings without a big winner, dating back to July 19. The largest jackpot was a $2.04 billion Powerball prize hit by a player in California in November 2022. In most states, a Powerball ticket costs $2 and players can select their own numbers or leave the task to a computer.

Organizations: DES, Lottery, D.C, U.S . Locations: DES MOINES, Iowa, California, Washington, Puerto Rico, U.S, U.S . Virgin Islands

☆ Apollo’s divergent path outshines Blackstone
▼ + stars: | 2023-09-28 | by ( Jonathan Guilford | ) www.reuters.com time to read: +7 min

NEW YORK, Sept 28 (Reuters Breakingviews) - Apollo Global Management (APO.N) and Blackstone (BX.N) both emerged from private equity’s primordial swamp. That spread comprised nearly three-quarters of Apollo’s $3.1 billion in profit available to be doled out to shareholders in 2022. That turbo-charged the fees Blackstone reaps from managing funds, which contributed 59% of $6.6 billion in profit available to shareholders last year. Apollo’s earnings from its insurance business are awarded an even more meager 10 times. This doesn’t form the closed loop like that between Athene, Apollo and its various specialist lenders.

Persons: Marc Rowan, haven’t, dealmaking, Rowan, Blackstone, Steve Schwarzman, Athene, BREIT, Rich, reckons Bain, Schwarzman, Dealmaking, hasn’t, Lauren Silva Laughlin, Oliver Taslic Organizations: Reuters, Apollo Global Management, Blackstone, Apollo, Reuters Graphics Reuters, Barclays, Schwarzman, U.S . Federal, Industry, Life Insurance, Research Association, Thomson Locations: freefall, BREIT, Blackstone

☆ Best Credit Cards for TSA PreCheck and Global Entry
▼ + stars: | 2023-09-26 | by ( Emily Sherman | ) www.wsj.com time to read: +12 min

Many travel credit cards have removed this cost barrier for their users—offering a statement credit that covers the cost of applying to either TSA PreCheck or Global Entry. All you have to do is pay the $78 PreCheck fee or $100 Global Entry fee with your card and you’ll automatically be reimbursed. Other cards to considerWhile these cards are our favorites boasting a TSA PreCheck or Global Entry credit, there are a few other options if none of them align with your needs. How we pickedTo choose Buy Side’s Best Credit Cards for TSA PreCheck and Global Entry, we looked at more than 30 credit cards that offered a credit for these application fees. To find out more about how we chose credit cards—and to meet our panel of experts—you can also check out Buy Side from WSJ’s full best credit cards methodology.

Persons: Emily Sherman, You’ll, cardholders, Uber, airfare, Chase, Cardholders Organizations: TSA, Hertz, One Venture, Venture, Venture X, Capital, American, Amex, American Express, Amex Travel, Chase, TSA PreCheck, Chase Sapphire, U.S, Sapphire Reserve, Bank of America, of America, Merrill Locations: Capital, Canada

☆ Man City beat Nottingham Forest 2-0 despite Rodri red card
▼ + stars: | 2023-09-23 | by ( ) www.reuters.com time to read: +2 min

MANCHESTER, England, Sept 23 (Reuters) - Manchester City maintained their perfect start to the Premier League season with a 2-0 home win over Nottingham Forest on Saturday, making it six wins out of six despite losing midfielder Rodri to a red card early in the second half. In all, referee Anthony Taylor doled out 11 yellow cards along with Rodri's red, with seven of the yellows coming in a bad-tempered second half as Forest tried to leverage their extra man, but to no avail. I think the first half was brilliant apart from the last 10 (minutes), I think they found us out a little," Foden said. "The second half was not what we expected because Rodri got a red card quite early... it wasn't ideal, but we showed a different side to us today to dig in, and I'm proud of the team." Reporting by Philip O'Connor; Editing by Andrew Cawthorne and Christian RadnedgeOur Standards: The Thomson Reuters Trust Principles.

Persons: Rodri, Anthony Taylor doled, Phil Foden, Erling Haaland, Matheus Nunes, Morgan Gibbs, Jeremy Doku, Kalvin Phillips, Anthony Elanga, Callum Hudson, Pep Guardiola, Nathan Ake, Julian Alvarez, Nicolas Dominguez, Elanga, Ederson, Haaland, Foden, Philip O'Connor, Andrew Cawthorne Organizations: Manchester City, Premier League, Nottingham Forest, City, Forest, Thomson Locations: MANCHESTER, England, Manchester, Spanish

McLaren has sold about 40 custom snow globes since the writers went on strike, at $299 a piece, through his Etsy shop. Since the writers strike began, 3,124 people joined or reactivated their Cameo accounts, the company said. When the actors strike began, she signed on to help them sell images to photo agencies, including celebrity-fueled rallies and picket lines in the strikes. Her husband's salary as an engineer helps, but it doesn't get them all the way there in paying their bills. ___For more on the ongoing actors and writers strikes, visit: https://apnews.com/hub/hollywood-strikes/

Persons: Ryan Meyer's lifeblood, Meyer, ”, Joe's, “ We've, ” Meyer, “, Jesse McLaren, “ Jimmy Kimmel, “ They’ve, McLaren, “ I’ve, “ I’m, ” Keith McNutt, It's, Autumn Monroe, ” Monroe, Monroe, Vince Vaughn, Shadi, Petosky, I’ve, ” Petosky, Bethany Layla Johnson, Briza Covarrubias, doesn't, Covarrubias, we're Organizations: “, Entertainment, Writers Guild of America, Alpha Kappa Alpha, “ Parks, Recreation, Netflix, WGA Locations: Los Angeles, Atlanta, New York, Manhattan, York, hollywood

☆ World leaders to meet at UN as big powers vie for developing states
▼ + stars: | 2023-09-15 | by ( Michelle Nichols | ) www.reuters.com time to read: +6 min

John Angelillo/Pool via REUTERS Acquire Licensing RightsUNITED NATIONS, Sept 15 (Reuters) - World leaders meet at the United Nations next week in the shadow of geopolitical tensions - largely fueled by the war in Ukraine - as Russia and China vie with the United States and Europe to win over developing countries. BILLIONS FOR INFRASTRUCTUREThe Ukraine war is just one reason for the focus on developing countries. Ahead of the New York meetings, diplomats acknowledged their focus on the developing world but dismissed suggestions that rivalry played a role. Ambassador to the United Nations, Linda Thomas-Greenfield, described the U.N. gathering as a chance for small countries to "lay out their priorities to us" and that she doesn't view it "as being a competition between big powers." Ambassador Zhang Jun told Reuters that Beijing has "no intention to compete with anyone else" and that, as China's conditions improved, the country was "willing to do more in return for developing countries but we are not competing."

Persons: John Angelillo, Volodymyr Zelenskiy, Richard Gowan, U.N, Linda Thomas, Greenfield, Zhang Jun, Russia's U.N, Vassily Nebenzia, Joe Biden, Antonio Guterres, Sergei Lavrov, Nebenzia, Barbara Woodward, Michelle Nichols, Don Durfee, Howard Goller Organizations: UN, Assembly, United Nations Headquarters, REUTERS Acquire, UNITED NATIONS, United Nations, Group, New, Reuters, Security, Ukraine, Thomson Locations: New York, U.S, Ukraine, Russia, China, United States, Europe, Africa, Latin America, Asia, Beijing, Moscow, European, Western, Brazil, India, South Africa, African

☆ Suspected fraud flagged on UK COVID-19 loans jumps 43%
▼ + stars: | 2023-09-14 | by ( ) www.reuters.com time to read: +1 min

The latest figures from the Department for Business and Trade showed the level of suspected fraud as of June 30. The figure was up from the previous level of 1.18 billion pounds flagged at the end of March. Identified fraud levels have ticked up as banks look into further COVID-19 loans as they fall due. The figures show the government has paid out 7.39 billion pounds to lenders to date under the guarantees, while 17 billion pounds has been fully repaid by borrowers. Nearly 31 billion pounds' worth of loans are outstanding from borrowers still making payments on time, the data shows.

Persons: Britain's, Toby Melville, Banks, Iain Withers, Angus MacSwan Organizations: REUTERS, Department for Business, Trade, Thomson Locations: London, Britain, COVID

☆ Opinion: Be careful when you laugh at Burning Man
▼ + stars: | 2023-09-06 | by ( Opinion Jill Filipovic | ) edition.cnn.com time to read: +9 min

Many of us (myself included) raise an eyebrow at Burning Man. Burning Man would feel much less annoying if the festival just said, yeah, we’re a bunch of idiots who want to party in Mad Max costumes. The Burning Man organizers wrote in a statement: “Burning Man is a community of people who are prepared to support one another. One hopes that events like the flooding at Burning Man will be galvanizing, both for those who experienced it and those who watched in horror from afar. It’s easy to sniff at Burning Man, which seems at once so self-important and so very insubstantial.

Persons: Jill Filipovic, ” Jill Filipovic, Max, Jerry Allen, “, ” Organizations: Twitter, CNN, Labor, San Francisco, Survivor, Facebook Locations: New York, Nevada, California, Utah, Pershing County , Nevada, Reno, playa, ”

☆ Inside the struggles at Calibrate, a new kind of weight-loss startup that's facing a mountain of patient complaints and refunds
▼ + stars: | 2023-09-05 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +19 min

Weight-loss startup Calibrate has struggled to get patients access to buzzy drugs like Ozempic. Kenyon's startup Calibrate, which she launched in June 2020, is one of the healthcare companies feeding the frenzy. CalibrateThe company is now running up against several massive challenges: Weight-loss drugs are expensive and in short supply, and health insurers are increasingly reluctant to pay for them. Kenyon said about 20% of Calibrate members do not have coverage for weight-loss medications, and around half of those people request refunds from Calibrate. Want to tell us about your experience with Calibrate or weight-loss drugs?

Persons: lightbulb, Isabelle Kenyon, Kenyon, Jenny Craig, OptumRx, She's, she's, Saxenda, —, weren't, It's, they've, Holly, hadn't, hasn't, Claire Rosenzweig, Rosenzweig, it's, Andrew Kelly, Shelby Livingston, Rebecca Torrence Organizations: New, Tiger Global, Founders Fund, Optum Ventures, FedEx, Food and Drug Administration, Jefferies, Better Business Bureau, BBB, Better Business, Metropolitan New, Better, Apple, Businessolver, Optum, UnitedHealth, Employees, REUTERS, Madryn Asset Management, SM Ventures, Ventures Locations: America, New York, Danish, GLP, Florida, Metropolitan New York, slivingston@insider.com, rtorrence@insider.com

☆ U.S. Fines American Airlines $4.1 Million for Lengthy Tarmac Delays
▼ + stars: | 2023-08-28 | by ( Mark Walker | More About Mark Walker | ) www.nytimes.com time to read: +1 min

The agency said the fine was the largest penalty it had ever doled out for tarmac delays. A majority of the delays occurred at Dallas Fort Worth International Airport, the largest hub for American Airlines. Others took place at George Bush Intercontinental Airport in Houston, San Antonio International Airport and Ronald Reagan National Airport near Washington. “This is the latest action in our continued drive to enforce the rights of airline passengers,” Transportation Secretary Pete Buttigieg said in a statement. “Whether the issue is extreme tarmac delays or problems getting refunds, D.O.T.

Persons: Ronald Reagan, Pete Buttigieg, ” Organizations: Transportation Department, American Airlines, Dallas Fort Worth International, George Bush Intercontinental Airport, San Antonio International Airport, Ronald, Airport, ” Locations: Dallas, Houston, Washington, San Antonio

☆ The Premier League is missing key players like Cristiano Ronaldo and N'Golo Kanté. They've left for the Saudi Pro League.
▼ + stars: | 2023-08-25 | by ( Will Gendron | Nathan Rennolds | ) www.businessinsider.com time to read: +5 min

The English Premier League kicked off this month without key players like Cristiano Ronaldo and N'Golo Kanté. They have opted to join the Saudi Pro League instead, which has been poaching the world's best players. They've joined the dozens of players flocking to the Saudi Pro League in Saudi Arabia. Saudi Pro League clubs are also targeting high-profile managers in their push to develop the sport in the country. "Something new is obviously happening" in regards to the Saudi Pro League, Richard Masters, the CEO of the Premier League, told the BBC last month.

Persons: Cristiano Ronaldo, N'Golo Kanté, Jordan Henderson, Riyad, Rúben Neves, They've, Neymar, Getty, Michael Reaves, Rumblings, Ronaldo, Hilal, Kylian Mbappé, phenom, Prince Al Waleed bin Talal, Karim Benzema, Sadio Mané, Steven Gerrard, Shaun Botterill, doesn't, Nuno Espírito Santo, LIV, Richard Masters Organizations: English Premier League, Saudi Pro League, Premier League, Eastern, BBC, Investment Fund, Guardian, Saudi, Al, He'll, Chelsea, France, ESPN, Forbes, Paris Saint Germain, Boeing, Bayern Munich, Liverpool, Scottish, Rangers, Aston Villa, Tottenham Hotspur, Saudi Public Investment Fund Locations: Saudi Arabia, Saudi, Hilal, Paris, Brazil, Barcelona, Real Madrid, France

☆ Taylor Swift, Beyonce, and 'Barbenheimer' may boost US GDP by $8.5 billion
▼ + stars: | 2023-08-25 | by ( Joseph Wilkins | ) www.businessinsider.com time to read: +3 min

Taylor Swift, Beyoncé, and the "Barbenheimer" phenomenon have given a sizable boost to consumer spending this year. Collectively, they may add an impressive $8.5 billion to the US economy in the third quarter, per Bloomberg. High-profile concert tours by Taylor Swift and Beyoncé, along with the twin-movie phenomenon that's come to be known as 'Barbenheimer', are projected to add $8.5 billion to US output in the third quarter, according to Bloomberg Economics. The Bloomberg economists warn, however, that the Hollywood boost for the economy may be short-lived. AdvertisementAdvertisementNeither Beyonce nor Swift have any concerts planned in the US in the last quarter of the year, and the economists described the success of 'Barbenheimer' as a "once-in-a-blue moon" event.

Persons: Taylor Swift, Barbie, Oppenheimer, Anna Wong, Eliza Winger, Swift, – Organizations: Bloomberg, Service, Bloomberg Economics, Revenue, Federal Reserve, Hollywood Locations: Wall, Silicon, Montenegro, Barbados

☆ Over 3,100 Charged With Pandemic Relief Fraud, Justice Department Says
▼ + stars: | 2023-08-23 | by ( Madeleine Ngo | ) www.nytimes.com time to read: +2 min

The sweep resulted in criminal charges against 371 defendants, with 119 convicted or pleading guilty. The Justice Department claimed 63 defendants had connections to violent crime and 25 had purported connections to transnational crime networks. The Justice Department listed a range of fraud schemes, including defendants who allegedly used the money to solicit a murder and individuals who laundered funds by shipping cars to Nigeria. The funds were allegedly used to solicit a murder for hire and to purchase firearms, controlled substances, jewelry, clothing and vacations. Some defendants were also accused of transferring firearms knowing they would be used to commit violent crimes or traffic drugs.

Persons: ”, General Merrick B, Garland, “, Department’s, — Organizations: Justice Department, Department Locations: Nigeria, Milwaukee

Hours before the wildfire became an inferno that wiped out the historic Hawaiian town of Lahaina, officials at the West Maui Land Company reached out to the state with an urgent request. The company, a real estate developer that supplies water to areas southeast of Lahaina, took note of the dangerous combination of high winds and drought-parched grasses Maui was facing. It asked for permission to fill up one of its private reservoirs in case firefighters needed it. In the interim, a brush fire that had been contained that morning flared up once again and swept through Lahaina, burning everything in its path. It is unlikely that filling up the private reservoir would have changed the course of the Lahaina wildfire, state officials say, and winds were so high that day that helicopter crews would have been unable to reach it.

Organizations: Maui Land Company Locations: Lahaina, Maui

☆ Applied Materials forecasts upbeat fourth quarter
▼ + stars: | 2023-08-17 | by ( ) www.reuters.com time to read: +1 min

A smartphone with a displayed Applied Materials logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/file photo Acquire Licensing RightsAug 17 (Reuters) - Semiconductor equipment maker Applied Materials (AMAT.O) forecast fourth-quarter results above market estimates on Thursday on strong demand from chipmakers setting up new manufacturing plants, sending its shares up 3% after the bell. Governments across the globe have in the past year doled out billions of dollars in subsidies to boost domestic chip manufacturing, which benefited companies such as Applied Materials and KLA (KLAC.O) whose tools are essential in chip making. Santa Clara, California-based Applied Materials expects revenue of $6.51 billion in the fourth quarter, plus or minus $400 million, compared with analysts' average estimate of $5.86 billion, according to Refinitiv data. It expects adjusted profit per share between $1.82 and $2.18, above market estimate of $1.61.

Persons: Dado Ruvic, Jaspreet Singh, Shinjini Organizations: REUTERS, Semiconductor, Applied, Materials, Thomson Locations: Santa Clara , California, Bengaluru

☆ China's banks have dialed back lending to the lowest level in 14 years as economic woes pile up
▼ + stars: | 2023-08-16 | by ( Phil Rosen | ) www.businessinsider.com time to read: +2 min

In July, the volume of loans doled out from Chinese banks hit their lowest amount since 2009. The People's Bank of China said new loans reached 345.9 billion yuan in July, less than half the amount expected by Bloomberg economists. Chinese banks doled out 345.9 billion yuan in new loans last month, well below the 780 billion yuan economists had expected, according to a Bloomberg report and survey. Additionally, the People's Bank of China said year-on-year growth of broad M2 money supply slowed to 10.7%. On Tuesday, the People's Bank of China cut several interest rates in a bid to boost the economy, following a similar move in June.

Persons: David Dollar Organizations: People's Bank of China, Bloomberg, Service, People's Bank of, Brookings Locations: Wall, Silicon, People's Bank of China, China

☆ The labor market will set inflation on a 'rollercoaster' that will weigh on stocks and the economy, BlackRock says
▼ + stars: | 2023-08-14 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

The labor market is about to put inflation on a "rollercoaster," according to BlackRock strategists. "We believe this structural labor shock is poised to take over as the driver of inflation as the pandemic-driven spending mismatch unwinds." That raises the risk of a super-rare "full-employment recession," strategists said, a situation where economic activity winds down despite the labor market remaining strong. "We believe this structural labor shock is poised to take over as the driver of inflation as the pandemic-driven spending mismatch unwinds," BlackRock strategists said in a note on Monday. "We see inflation on a rollercoaster as the labor shock takes over from the spending mismatch.

Persons: That's Organizations: BlackRock, stoke, Service Locations: Wall, Silicon, BlackRock

☆ Brice Marden, painter revered for his distinctive approach to abstraction, dies at 84
▼ + stars: | 2023-08-11 | by ( Wallace Ludel | ) edition.cnn.com time to read: +6 min

CNN —Brice Marden, the abstract painter known most widely for his long, winding calligraphic mark-making that stood out against monochromatic backgrounds, has died aged 84. His death was confirmed to CNN by Gagosian, the New York gallery that represented him, via email on Thursday. "Uphill with Center" (2012-15) by Brice Marden. It’s just been an extra thing to think about.”Marden was born October 15, 1938 in Westchester County, just north of New York City. "Cold Mountain 6 (Bridge)" (1989-91) by Brice Marden.

Persons: CNN — Brice Marden, Larry Gagosian, “ Brice Marden, Marden’s, Helen —, —, Brice Marden, Marden, “, ”, ” Marden, Alex Katz, Jon Schueler, Richard Serra, Chuck Close, Celmins, Nancy Graves, Pauline Baez, Joan Baez, Jasper Johns, Johns ’, Édouard Manet, Francisco Goya, Francisco de Zurbarán, Johns, Bob Dylan, Pete Seeger, Nicholas, Helen Marden, Dorothea Rockburne, Robert Rauschenberg, Matthew Marks, Rosetta Stone Organizations: The Art, CNN, Gagosian, New York Times, Memorial Sloan Kettering, Boston University, Yale, Fine Arts, Rauschenberg Foundation, Jewish Museum, New Locations: New York, Tivoli , New York, Gagosian, Westchester County, New York City, American, Kansas City, Midtown Manhattan, Greece, Maryland

☆ ChatGPT and GPT-4 skew the most liberal — and Meta's LLaMA is the most conservative AI model, a new study says
▼ + stars: | 2023-08-11 | by ( Kylie Kirschner | ) www.businessinsider.com time to read: +7 min

In a new study, researchers gave 14 AI models a political compass test and graphed the data. OpenAI's ChatGPT and GPT-4 were the most liberal, Meta's LLaMA was the most conservative, and Google's BERT models were in between. OpenAI's ChatGPT, Google's LaMDA AI model, and other chatbots have been criticized for sometimes giving racist, sexist, and otherwise biased responses. A political compass graph from the study shows how each AI model is biased. OpenAI cofounder and president Greg Brockman has said in response to criticisms of ChatGPT's left-leaning political bias, "we made a mistake."

Persons: BERT, OpenAI's, Shangbin Feng, Chan, Yuhan Liu, Yulia Tsvetkov, RoBERTa, Meta, Steven Piantadosi, Sam Altman, ChatGPT, Joe Biden, Donald Trump, Greg Brockman, ChatGPT's, Brockman, Elon Musk, OpenAI, OpenAI —, Musk Organizations: Morning, University of Washington, Carnegie Mellon University, Xi'an Jiaotong University, OpenAI, Google, UC Locations: Xi'an, North Korea, Syria, Iran, Sudan

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