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☆ With ‘Cancer Moonshot’ announcement, Biden turns to causes most important to him in final months in office
▼ + stars: | 2024-08-13 | by ( Kayla Tausche | ) edition.cnn.com time to read: +8 min

On Tuesday, Biden highlighted $150 million in new research awards to eight organizations, including $23 million to Tulane University, the backdrop for the announcement. I know we can, but it’s not just personal — it’s about what’s possible,” Biden said Tuesday. And the White House will also look to ramp up its diplomatic engagement with India, an ally that has become a critical partner to the US in countering China’s aggression in the region. “We want to create a more prosperous and secure Indo-Pacific and the world,” White House press secretary Karine Jean-Pierre said. Implementation awaitsDomestically, the White House remains focused, first and foremost, on getting money out the door and shovels in the ground on Biden’s signature legislative measures.

Persons: Joe Biden’s, Beau Biden’s, Biden, “, it’s, ” Biden, Kamala Harris –, Harris, Moonshot, Beau Biden he’d, ’, you’ll, ”, –, Jeff Zients, Russia’s Vladimir Putin, Xi, Karine Jean, Pierre said, Zients, Natalie Quillian, Tom Vilsack, ” Vilsack, CNN’s Samantha Waldenberg Organizations: CNN, Tulane University, Biden, CBS News, White, US, Infrastructure Investment, Jobs, The Commerce Department, Treasury Department, Agriculture, Department of Agriculture Locations: Pennsylvania, North Carolina, United States, Brazil, India

☆ Matt Kuchar: PGA golfer finishes tournament alone on empty course
▼ + stars: | 2024-08-12 | by ( Kevin Dotson | ) edition.cnn.com time to read: +3 min

No, it wasn’t a recreational golfer out for an early 18 holes; it was nine-time PGA Tour champion Matt Kuchar, the only golfer in the field at the Wyndham Championship who hadn’t finished the tournament on Sunday. Less than 12 hours earlier, Kuchar baffled onlookers when he marked his ball in the 18th rough and walked off the course. “Sorry that you guys had to come out this morning,” Kuchar said sheepishly. Kuchar said he thought Greyserman still had a chance to win the tournament and believed that his stopping would prompt Greyserman to follow suit. By finishing in a 10-way tie for 12th place, Kuchar was paid $134,695, nearly double what he would have been paid if he had bogeyed the final hole.

Persons: Matt Kuchar, hadn’t, Kuchar, Max Greyserman, Chad Ramey, Greyserman, Aaron Rai, Ramey, ” Kuchar, “, Max, ” Organizations: CNN, Country, Wyndham Championship, PGA, Wyndham, Communications Locations: Greensboro , North Carolina, Paris

☆ Ukraine's audacious invasion of Russian territory is a massive blow to Putin's power
▼ + stars: | 2024-08-09 | by ( Tom Porter | ) www.businessinsider.com time to read: +6 min

But as the scale of the attack became clearer, with thousands of Ukrainian troops advancing up to 6 miles into Russia, Russian President Vladimir Putin hurried to contain the fallout. Ukraine's attack catches Russia off guardA Russian military video showing a Ukrainian tank during an attack on the Kursk region in Russia in August. It's led to fierce criticism of the Kremlin from ultranationalist bloggers, who've questioned why the Russian military was so unprepared and criticized chaotic attempts to evacuate civilians. Putin has so far been able to avoid major domestic unrest from the two-year war — despite the vast casualties it's inflicted on the Russian military. But the 2023 rebellion by the Russian mercenary group Wagner exposed Putin's vulnerability to blowback from events in Ukraine.

Persons: —, Vladimir Putin, Alexei Smirnov, Putin, Vladimir Putin's, It's, who've, Bryden Spurling, Callum Fraser, Russia aren't, Wagner, Russia's, Fraser, Spurling, STRINGER, Ukraine's, Maxim Alyukov, it'll, Alyukov Organizations: Service, Kremlin, Business, Anadolu, Russian MOD, RAND Corp, Royal United Services Institute, Wagner, Don, Getty, King's College London Locations: Ukraine, Russia's Kursk, Russia, Russian, Kursk, US, Kharkiv, London, Rostov, Moscow

In the United States the atomic bombs signaled military victory. In the United States the atomic bombs signaled military victory. They are the surviving victims of the American atomic bomb attack 79 years ago. A view across the Motoyasu River of the Atomic Bomb Dome in Hiroshima. Countries like the United States, China and Russia are spending trillions of dollars to modernize their stockpiles.

Persons: Gallup, — Organizations: Red, Smithsonian Locations: United States, Japan, Hiroshima, Nagasaki, United, China, Russia

☆ To Save His Shrinking City, a Mayor Turns to Koreans Uprooted by Stalin
▼ + stars: | 2024-08-06 | by ( Victoria Kim | ) www.nytimes.com time to read: +1 min

By the time Kim Chang-gyu returned to Jecheon, South Korea, after four decades away to become the mayor, his hometown felt resigned to its decline. The town’s center was dotted with vacant storefronts, and local businessmen fretted about how tough it was to find workers. Like many other small South Korean cities, Jecheon, cradled at the foot of two mountain ranges, is being eroded by rapid aging and rock-bottom birthrates. Other shrinking cities have tried offering money to entice newlyweds or free housing to parents of school-age children. If he could persuade enough of them to move to Jecheon — population 130,000 and shrinking — he thought they might lay the groundwork for its future.

Persons: Kim Chang, gyu, cradled, Kim Locations: Jecheon, South Korea, Central Asia

A federal U.S. judge ruled Monday that Google has illegally held a monopoly in two market areas: search and text advertising. The landmark case from the government, filed in 2020, alleged that Google has kept its share of the general search market by creating strong barriers to entry and a feedback loop that sustained its dominance. General search services, according to the court, applies to Google’s core search engine, where it traditionally competed with Yahoo. General search text advertising refers to the text ads that run alongside search results. However, the ruling found that general search advertising is not a market so there can be no monopoly control.

Persons: Sherman, Amit Mehta, Sundar Pichai, Boris Streubel, General Merrick Garland, ”, ” Garland, Kent Walker, ” Walker Organizations: Google, U.S, District of Columbia, DFB The Department of Justice, Colorado and, Department, Yahoo Locations: U.S, Colorado, Colorado and Nebraska

☆ Proposals at the Olympics draw criticism of overshadowing women athletes' accomplishments
▼ + stars: | 2024-08-05 | by ( Kimmy Yam | Kimmy Yam Is A Reporter For Nbc Asian America. | ) www.nbcnews.com time to read: +3 min

Viewers have had mixed reactions to athletes who have gotten engaged during the Paris Games. While some feel that the grand gesture makes Olympians’ big moments even bigger, others say that the proposals steal the spotlight from female athletes in particular. A Chinese social media site even jokingly shared a post featuring an added engagement ring column alongside the medal counter. But proposals done just after a monumental win have drawn some of the most scrutiny from some fans. And many social media users came to the couple’s defense, arguing that the proposal took place after the medal ceremony.

Persons: Liu Yuchen, Huang Yaqiong, Sarah Steyaert, Picon, Pablo Simonet, Maria Campoy, Sydney Colson, ”, didn’t, Huang, Steyaert, ” Steyaert, Qin Kai, Zi, Michael Phelps, Sunny Singh Organizations: Paris Games, Argentine, Team Argentina, Games, WNBA, Las Vegas Aces, La Chapelle, BBC, NBC Asian Locations: French, Porte, Rio de Janeiro, Brazil, NBC Asian America

☆ A former teacher who spent at least $4,000 on her students details what she bought and why educators 'feel a lot of pressure to spend their own money'
▼ + stars: | 2024-08-04 | by ( Madison Hoff | ) www.businessinsider.com time to read: +5 min

In 2022, Amelie Krikorian bought books, rugs, chocolate, paint, flashcards, beads, and more for her students and classroom with her own money. "Teachers who want to make elementary school a positive and enriching experience do feel pressure to spend their own money," she told BI. Krikorian, who has since left the education field, said teachers shouldn't have to spend their own money on their classrooms. And when schools don't supply all the materials, teachers often step up. For enrichment purposes over the years, Krikorian "bought books that enabled the kids to do additional reading about what we were doing in history and science," she said.

Persons: Amelie Krikorian, shouldn't, Krikorian, it's Organizations: Service, Business, Survey, eBay, Walmart, Target Locations: Egypt

☆ Remco Evenepoel creates a moment he ‘could only dream of’ with thrilling Olympic cycling double
▼ + stars: | 2024-08-04 | by ( Rosanne Roobeek | ) edition.cnn.com time to read: +5 min

Paris CNN —Belgium’s Remco Evenepoel made history on Saturday, becoming the first male cyclist to claim gold in both the road race and time trial at the same Olympic Games. “Crossing the finish line, I realized I just became the double Olympic champion in one week, something I could only dream of,” Evenepoel told CNN. Evenepoel and Valenton Madouas of Team France pass through the Côte de la Butte Montmartre while fans cheers during the men's road race. David Ramos/Getty ImagesInside the final 40 kilometers (25 miles), Evenepoel broke away from a peloton that included top rivals like Mathieu van der Poel of the Netherlands. Belgian cyclist Remco Evenepoel celebrates his gold medal for the men's cycling road race at the Belgium House in Paris, France on August 3, 2024.

Persons: Paris CNN —, Evenepoel, ” Evenepoel, Usain Bolt, Michael Phelps, David Ramos, Mathieu van der, France’s Valentin Madouas, “, “ It’s, ”, Remco Evenepoel, Jasper Jacobs, Gil de Vis, it’s, ” de Vis Organizations: Paris CNN, Tour de France, CNN, Olympics, France, ”, Eiffel, Belgium House, MAG, Getty Locations: Paris, Netherlands, Belgian, Belgium, France, Aalst, Brussels

☆ Can Venezuela's political crisis affect migration and U.S. politics?
▼ + stars: | 2024-08-02 | by ( Juliana Jiménez J. | Juliana Jiménez J. Is A Reporter For Noticias Telemundo. | ) www.nbcnews.com time to read: +8 min

After 25 years of autocratic rule, a significant portion of Venezuelans in the country and in exile had enormous expectations of change. But of “those millions who have emigrated from Venezuela, criminals are the minority,” he said. In addition, experts on Venezuela told Noticias Telemundo that there is no evidence of a state policy aimed at sending criminals to other countries. The Trump campaign has also stated that Kamala Harris is “intentionally importing millions of illegals in hopes of turning them into Democratic voters,” which is also false. “The campaign does not comment on hypothetical situations,” Florez said, adding that “the Republican National Committee’s statement is identical to that of the Trump campaign."

Persons: Edmundo González Urrutia, Antony Blinken, Edmundo Gonzalez Urrutia, Maria Corina Machado, Federico Parra, Nicolás, hasn’t, Vedant Patel, Maduro, Ryan C, Berg, Mike Johnston, Jon Ewing, Alayna Alvarez, Ewing, Joe Biden, Biden, Trump, ”, José Antonio Ibarra, Laken Riley, “, Ronna Rísquez, Carlos Nieto, ” Nieto, Kamala Harris, Jaime Florez, ” Florez, Harris, “ Harris, ” Casado, Eduardo Gamarra Organizations: United Nations, Refugees, Monday, U.S . State Department, National Electoral Committee, Americas, Center for Strategic, International Studies, Pew Research, TPS, Denver Human Services, U.S, NBC News, Republican National Convention, Venezuelan, of, Victims Monitor, Noticias Telemundo, Democratic, Immigrants, Trump, Republican National Committee, Republican National, Biden, Florida International University Locations: Venezuela, U.S, Venezuelan, Caracas, AFP, United States, —, Denver, Colorado, Mexico, Georgia, Milwaukee, Latin America, Florida

Federal court records show that Joshua Conner Jones entered into a plea agreement with prosecutors regarding the treatment of two inmates at the Walker County jail. Jones agreed to plead guilty to one count of conspiracy to deprive an inmate of their rights related to the 2023 death of Tony Mitchell. The plea agreement indicated there were five co-conspirators in the mistreatment that led to Mitchell’s death, an indication that the investigation is ongoing and more people could be charged in the death. Court documents did not name the inmate who died, but Bower confirmed the charge was related to Mitchell’s 2023 death. Prosecutors wrote in the plea agreement that Jones admitted that “collectively we did it.

Persons: Joshua Conner Jones, Jones, Tony Mitchell, W Scott Brower, Bower, Mitchell, Mitchell “, Prosecutors, “, ” Jon C, Goldfarb, ” Mitchell, Jan, ” Organizations: U.S, Prosecutors Locations: MONTGOMERY, Ala, —, Alabama, Walker

☆ Noah Lyles is talking the talk ahead of the Olympics, now it’s time to do the rest
▼ + stars: | 2024-08-02 | by ( Marcus Thompson Ii | ) www.nytimes.com time to read: +7 min

But Lyles is aiming to do the opposite of cramming his listed 5-foot-10 frame and 6-foot-9 personality into a traditional box. You have all these other athletes as stars, rock stars, popular wherever they go. Still, Noahstradamus predicted he’d win gold in both the 100 and the 200 in Paris. Certainly, when you think of the track stars whose fame extended beyond the ceiling of their sport, it came with heroic feats. He’d not only cement himself an Olympic champion, he’d be primed to fully take advantage of it with the 2028 Olympics coming to America.

Persons: Noah Lyles, Gucci, Yu, Snoop, It’s, ” Lyles, ” Noah Lyles, he’ll, Christian Petersen, What’s, that’s, He’s, Lyles, Usain Bolt, Lyles ’, Noahstradamus, Carl Lewis, Bolt, he’s, hasn’t, Jamaica’s Kishane Thompson, Lewis, Michael Johnson, Florence Griffith, Joyner, Wilma Rudolph, Jesse Owens, He’d, he’d, “, Michael Jordan, it’s, Nia Akins, Dan Goldfarb, Tim Clayton, Corbis Organizations: Adidas, Netflix, Lyles, Eiffel, Getty, NBA, Tokyo Games, Atlanta Games, Stade de France, Apple Locations: PARIS, Paris, Alexandria, Va, Tokyo, America, Los Angeles, U.S

Simone Biles competes in the balance beam event of the artistic gymnastics women's all around final on August 1. Loic Venance/AFP/Getty ImagesThe competition was fierce and the Olympic medal race stayed tight, but as is so often the case, Thursday’s stories from the 2024 Summer Games can’t be told with statistics alone. Biles held off a spirited challenge from brilliant Brazilian Rebeca Andrade, who once again won silver, and Biles’ teammate Suni Lee took the bronze. She later celebrated her silver medal with them by running a lap of the entire arena floor carrying the country’s flag. Canadian 17-year-old superstar Summer McIntosh also won her second gold medal of the Games.

Persons: Simone Biles, Loic Venance, can’t, Biles, Rebeca Andrade, Suni Lee, Andrade, Katie Ledecky, Ledecky, Summer McIntosh, Andy, that’s, Andy Murray’s, he’s, Murray, Dan Evans ’, Taylor Fritz, Tommy Paul, “, ”, Sabrina Ionescu, Breanna Stewart, Belgium's Antonia Delaere, Sameer Al Organizations: Getty, Tokyo, Team USA, Games, Team Great Britain Locations: AFP, Paris, American

☆ Microsoft's cloud is 'no-brainer' for some AI startups, helping Azure gain ground on AWS
▼ + stars: | 2024-08-02 | by ( Jordan Novet | ) www.cnbc.com time to read: +10 min

However, after EzDubs went through the Y Combinator startup program last year, the company made a quick pivot, adding Microsoft's cloud into the mix. That's because EzDubs' founders learned of a partnership that enabled Y Combinator companies to receive $350,000 worth of credits on Microsoft Azure. The current offer includes $350,000 in AWS credits, plus $300,000 reserved for tapping the custom silicon, the spokesperson said. A spokesperson later said 58% of Y Combinator startups had taken up Microsoft's credit offer, a figure that doesn't reflect actual Azure usage. "Leading AI startups use OpenAI to power their AI solutions, therefore, making them Azure customers as well."

Persons: Amrutavarsh Kinagi, Kareem Nassar, Padmanabhan Krishnamurthy, EzDubs, Krishnamurthy, Y, Annie Pearl, it's, Satya Nadella, Sam Altman, Hayden, CNBC InKeep, OpenAI, Nick Gomez, InKeep's, InKeep, Gomez, CNBC's Andrew Ross Sorkin, Prady Modukuru, Modukuru, Anthropic, Daksh Gupta, Gupta, Nassar Organizations: Google, Microsoft, CNBC, Amazon, Services, Alchemist, AWS, Hayden Field, Sync Labs, Sync, OpenAI Locations: Palo Alto , California, OpenAI's, San Francisco

☆ Andy Murray clicks into warrior mode as he looks to finish career with an Olympic miracle
▼ + stars: | 2024-08-01 | by ( Ben Church | ) edition.cnn.com time to read: +5 min

CNN —After his latest victory at this year’s Olympic Games on Tuesday, Andy Murray pogoed on the red clay of Roland Garros, eyes wide like a kid in a candy store. But, for Murray, the Olympic Games have always held a special place in his heart. Back in 2012, just weeks after a heartbreaking defeat in the Wimbledon final, Murray won gold in the men’s singles tournament at the London Games. 1 in 2016, a year where he also won Wimbledon for second time. Murray celebrating winning two medals at the London Games in 2012.

Persons: CNN —, Andy Murray pogoed, Roland Garros, Dan Evans, Suzanne Lenglen, Murray, Belgium’s Sander Gille, Joran, Evans, Martin Bernetti, Laura Robson, Roger Federer, Rafael Nadal, Novak Djokovic, Andy Murray, ”, “ I’ll, it’s, haven’t, Jeff J Mitchell, “ It’s, ” Murray, Tommy Paul, Taylor Fritz Organizations: CNN, Paris Games, Getty, Olympic Games, Wimbledon, London Games, Rio Games, Eurosport, ATP, Olympics Locations: Paris, AFP, London

☆ Kamala Harris’s V.P. Scorecard
▼ + stars: | 2024-07-30 | by ( Katie Glueck | ) www.nytimes.com time to read: +1 min

As Vice President Kamala Harris weighs her running mate options, she may consider governing experience, policy views and personality fit. If Democrats want a ticket with a home-state advantage in a battleground, they’ll need a vice-presidential candidate to bring it. Ms. Harris is studying a few options: Senator Mark Kelly represents Arizona, a swing state that helped cement President Biden’s victory four years ago. The Harris campaign may be tempted to use Mr. Kelly to put the state — and its 11 electoral votes — back in play. Mr. Kelly won statewide in Arizona in 2020 and then again in 2022, with 51 percent of the vote.

Persons: Kamala Harris, Donald J, Trump, JD Vance, Ohio, Harris, Mark Kelly, Biden’s, Mr, Biden, Kelly Organizations: Electoral, Democratic Locations: California, Arizona

☆ Biden rolls out plan to overhaul the Supreme Court
▼ + stars: | 2024-07-29 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +2 min

U.S. Supreme Court Justices attend as U.S. President Joe Biden delivers the State of the Union address at the U.S. Capitol in Washington, D.C., March 7, 2024. President Joe Biden on Monday unveiled a three-pronged proposal to reform the Supreme Court, a policy area that he said will be a focus of his remaining months in office. Biden's proposed ethics code comes after several Supreme Court justices, including Clarence Thomas and Samuel Alito, were caught in scandals involving undisclosed financial gifts that posed major conflicts of interest. As he works to cement his legacy in the just under six months he has left as president, Biden said that overhauling the Supreme Court will be a priority. "I'm going to call for Supreme Court reform because this is critical to our democracy," Biden said in a national address from the Oval Office last Wednesday.

Persons: Joe Biden, Biden, Donald Trump, Biden's, Clarence Thomas, Samuel Alito, Kamala Harris Organizations: Supreme, U.S, Capitol, Washington , D.C, Trump, Senate, LBJ Presidential Locations: Washington ,, Texas

She’s won gold in the 800 three times and gold in the 1,500 twice – and hasn’t been defeated in those races in any of the Olympics that she’s entered. The Australians medaled in all four medal races on Saturday to the Americans’ three. But in the last race of the night, the American men’s 4X100 freestyle team took back the momentum by winning Team USA’s first gold of the Olympics. It had been 12 years since the French won a medal in swimming. Dressel has won gold in every Olympic event he’s entered so far in his career.

Persons: Katie Ledecky, She’ll, She’s, hasn’t, she’s, Ariarne Titmus, USA’s, Leon Marchand, Michael Phelps, Marchand, Caeleb Dressel, Dressel, he’s Organizations: New York Times, Tokyo Olympics, Australians, Games, French Locations: Paris, American

☆ USWNT 4-1 Germany: U.S. finds scoring groove to secure knockout spot at 2024 Olympics
▼ + stars: | 2024-07-28 | by ( Jeff Rueter | Steph Yang | ) www.nytimes.com time to read: +8 min

Jeff Rueter and Steph Yang dissect how the U.S. took the top spot in Group B with one game to go. Swanson crashed the box for the second U.S. goal, catching Smith’s rebounding shot off Germany goalkeeper Ann-Katrin Berger. In the second half, everyone was looking tired, especially with no rotation in the starting XI from the first game. For a second straight game, Williams was brought on late to ice the game as a pressing-minded forward. Ultimately, Sonnet looked the part throughout the second half.

Persons: Sophia Smith, Mallory Swanson, Lynn Williams, Jeff Rueter, Steph Yang, Swanson, Smith, ” Swanson, Ann, Katrin Berger, Trinity, Rose Lavelle, you’ve, mpics ar, sy, mpic ho Organizations: U.S, women’s, Sweden, U.S . Locations: Germany, Brazil, U.S, United States

☆ Five things to watch from the swimming competition at this year’s Olympic Games
▼ + stars: | 2024-07-28 | by ( Kyle Feldscher | ) edition.cnn.com time to read: +9 min

Paris CNN —The first week of the Olympics and with it comes one of the Games’ signature events: Swimming. Here are five things to watch from this year’s swimming competition in Paris. The back-and-forth will take on new life as Aussie and American swimmers take to the pool and compete to take home the most medals. Bronte Campbell, swimming on the Australian’s 4x100-meter freestyle relay team, told reporters: “I really respect our American competitors. “So that was a really, really special event tonight.”

Persons: Paris CNN —, Katie Ledecky, Jean Catuffe, Ledecky, She’ll, She’s, hasn’t, she’s, Titmus, Ledecky’s, Summer McIntosh, Rob Koehler, ”, “, ” CHINADA, Witold Bańka, Caeleb Dressel, ” Dressel, Cate Campbell –, Michael Phelps, Phelps, Campbell, “ It’s, ” Campbell, I’ve, Ian Thorpe of, Chad le Clos, …, ” Phelps, USA’s, Phelps ’, Bronte Campbell, ” Leon Marchand, Leon Marchand, Sarah Stier, Marchand, It’s, Dressel, he’s Organizations: Paris CNN, Team USA, Olympic Games, Paris La Defense, La Défense, New York Times, Tokyo Olympics, Global, CNN, Tokyo, Doping Agency, CHINADA, NBC, USA, Team France, Olympic Locations: Paris, Nanterre, France, Tokyo, La, American, USA, Australian, Ian Thorpe of Australia, South Africa

☆ ‘Deadpool & Wolverine’ fuels an already-hot summer box office, opens at $96 million
▼ + stars: | 2024-07-27 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +4 min

“This would rank among the top 10 openings of all-time and marks the sixth-highest Friday ever reported at the box office,” said Paul Dergarabedian, senior media analyst at Comscore. An over-performing box office makes a comebackAlthough the summer box office was off to a sputtering start after a tepid spring, there have been several blockbusters invigorating the industry. But less than three weeks after its release, the year-over-year domestic box office revenue deficit shrunk from 27% to 19%. Now, the deficit stands at 16.9% and it could keep shrinking depending on how “Deadpool & Wolverine” performs. Although analysts are predicting a more lukewarm total for 2024, the successful summer movie slate is positioning the industry to further close the gap.

Persons: Deadpool, ”, Daniel Loria, Paul Dergarabedian, Ryan Reynolds, Hugh Jackman, Shawn Levy, ” Dergarabedian, ’, ‘, Dergarabedian, “, Mario, “ Barbie ”, “ Oppenheimer ” —, — Organizations: New, New York CNN, Box, Comscore, showtime, Rotten, Marvel Cinematic, ‘, Disney, Mario Bros Locations: New York, United States, ”

☆ Yen heads for strongest week in 3 months as carry trades unwind
▼ + stars: | 2024-07-26 | by ( ) www.cnbc.com time to read: +3 min

The yen was poised for its strongest week in nearly three months on Friday as traders unwound their long-held bets against the frail currency ahead of crucial U.S. inflation data that could cement rate cut expectations. The yen was poised for its strongest week in nearly three months on Friday as traders unwound their long-held bets against the frail currency ahead of crucial U.S. inflation data that could cement rate cut expectations. The euro was a tad stronger at $1.0853 but is down 0.35% for the week, its steepest weekly decline since early June. The souring risk sentiment this week has weighed heavily on the Aussie and the New Zealand dollar . The Aussie is down 2% for the week, its worst weekly performance since November 2023.

Persons: James Athey, Ben Bennett, they're Organizations: Marlborough Investment Management, Federal, Fed, Traders, Bank of Japan, Legal, General Investment Management, New Zealand Locations: Tokyo, Asia, Pacific

☆ New PCE data puts rate cuts 'into cement,' says Moody's Mark Zandi
▼ + stars: | 2024-07-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNew PCE data puts rate cuts 'into cement,' says Moody's Mark ZandiMark Zandi, Moody's Analytics chief economist, and CNBC's Steve Liesman join 'The Exchange' to discuss reactions to new PCE data, paths to Fed rate cuts, and more.

Persons: Mark Zandi Mark Zandi, Steve Liesman

☆ OpenAI is testing an artificial intelligence search engine
▼ + stars: | 2024-07-25 | by ( Clare Duffy | ) edition.cnn.com time to read: +3 min

New York CNN —OpenAI on Thursday announced its most direct threat yet to its stalwart Big Tech rivals: a search engine that uses artificial intelligence baked in from the beginning. The company is testing SearchGPT, which will combine its AI technology with real-time information from the web to allow people to search for information in the same way they talk to ChatGPT. While the search engine is currently in an early test for a limited number of users, OpenAI said it plans to integrate the tools into ChatGPT in the future. SearchGPT could also pose a threat to Microsoft’s Bing, the also-ran search engine player that last year incorporated OpenAI’s own technology in an effort to better compete with Google. However, OpenAI said Thursday that it partnered with publishers to build the tool and give them options to “manage how they appear” in SearchGPT’s results.

Persons: OpenAI, SearchGPT, Microsoft’s Bing, ChatGPT –, they’ll, they’ve Organizations: New, New York CNN, Big Tech, Google, Magazine Locations: New York, Minnesota

☆ USWNT 3-0 Zambia takeaways: Rodman and two-goal Swanson ensure Olympics start with a win
▼ + stars: | 2024-07-25 | by ( Jeff Rueter | Steph Yang | ) www.nytimes.com time to read: +11 min

It was a well-deserved opening after the U.S. had hammered at Zambia’s goal for 15 minutes straight, including two attempts off the crossbar and a first-minute toe-poke from Lindsey Horan that went just wide. 🤯 📺 USA Network & Peacock | #ParisOlympics pic.twitter.com/Dnx2xioNTC — NBC Olympics & Paralympics (@NBCOlympics) July 25, 2024Following Trinity Rodman’s opening goal, Zambia’s defense was caught in two minds. The additional open terrain catered to the dynamic forward line of Swanson, Smith and Rodman, as the trio weaved about to find pockets to exploit. After the game, Hayes said the decision was down to mitigating risks. (Photo by John Todd, Getty Images)A more expected, but very intriguing, change came in the 65th minute with Rodman, Swanson and Horan out for Casey Krueger, Nighswonger and Emily Sonnett.

Persons: Lindsey Horan, Trinity Rodman, Mallory Swanson, Emma Hayes, Zambia’s Pauline Zulu, Hayes, Sophia Smith, Rose Lavelle, Jeff Rueter, Steph Yang, Horan, Rodman, Swanson’s, Steph Yang Mal’s, Swanson, Emma Hayes ’, MALLORY SWANSON, S. Organizations: U.S, women’s, Zambia, Germany, Olympic Games, Australia, Chicago Red Stars, Olympics Locations: Nice, The U.S, Marseille, bamboozle, Republic of Ireland

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