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Today is Election Day, and we are using this newsletter to give you a guide. One theme is that Democrats are hoping to continue their strong recent electoral performance despite President Biden’s low approval rating. They are older, more affluent and more highly educated than people who vote only in presidential elections. But these victories do not necessarily foreshadow presidential elections. The other side of the class inversion is that Democrats are increasingly struggling with lower-income and nonwhite voters, many of whom vote only in presidential elections.

Persons: Biden’s Organizations: Democratic Party

Woodyard had pleaded not guilty to charges of reckless manslaughter and criminally negligent homicide in connection with McClain’s death. The officer remains suspended from the department without pay, pending the outcome of the trial. Prosecutors initially declined to bring charges against the officers and paramedics involved in McClain’s death, but the case received renewed scrutiny following the nationwide Black Lives Matter protests in the spring of 2020. Jared Polis appointed a special prosecutor to reexamine the case, and in 2021 a grand jury indicted Woodyard, two other officers and two paramedics in McClain’s death. Two paramedics who treated McClain, Jeremy Cooper and Peter Cichuniec, are set to go on trial in the coming weeks.

Persons: Nathan Woodyard, Elijah McClain, Woodyard, McClain, Philip Weiser, Weiser, Sheneen McClain, “, ” “, she’s, ”, I’ve, ” Sheneen McClain, MiDian Holmes, Prosecutors, Jared Polis, Woodyard’s, Roger Mitchell Jr, David Beuther, Randy Roedema, Jason Rosenblatt, Roedema, Rosenblatt, Jeremy Cooper, Peter Cichuniec Organizations: CNN, Aurora, Colorado, Colorado Gov, Prosecutors Locations: Colorado, Aurora

☆ Indian economy regains its swagger as China stumbles
▼ + stars: | 2023-11-03 | by ( Diksha Madhok | ) edition.cnn.com time to read: +9 min

New Delhi CNN —India’s economy is like an elephant. India’s economy is currently worth nearly $3.5 trillion, making it the world’s fifth largest. “India’s economy is comfortably placed to grow at an annual rate of at least 6% in the coming few years,” Barclays said. But even as India’s heft is increasing, it is far from recreating the economic miracle China unleashed decades ago. It will, no doubt — though it won’t be enough to shield the world economy should China’s economy stumble badly,” they added.

Persons: Narendra Modi, ”, Eswar Prasad, Modi, Prasad, Ludovic Marin, Mukesh Ambani’s, Gautam Adani’s, Willy Shih, Frederic Neumann, Justin Feng Organizations: New, New Delhi CNN, Economic, Cornell University, International Monetary Fund, China, Barclays, IMF, ” Barclays, Hindustan Times, Modi, bonanza, Unified, Bharat, Getty, Bank, Mukesh Ambani’s Reliance Industries, Apple, Harvard Business School, HSBC Locations: New Delhi, India, Switzerland, Davos, ”, ’, China, ” New Delhi, Sewri, Mumbai Bhushan, AFP, Beijing, Washington

☆ Goldman Sachs just promoted 608 employees to the coveted role of managing directors. See the full list here.
▼ + stars: | 2023-11-02 | by ( Emmalyse Brownstein | ) www.businessinsider.com time to read: +14 min

Goldman Sachs announced its 2023 class of managing directors Thursday afternoon, giving 608 employees the coveted title. It's a smaller cohort than the bank's 2021 MD class, down 5% amid a dealmaking slowdown. Still, Goldman appears to have taken pains to promote employees in revenue-generating divisions like investment banking and trading. Goldman says the percentage of women it promoted as part of the 2023 MD class sets a record, up 1% from 2021. Two years ago, Goldman promoted the largest managing director class in its history, naming 643 employees to the designation in 2021.

Persons: Goldman Sachs, Goldman, David Solomon, John Waldron, we've, Solomon, Waldron, Goldman Sachs Fereshteh Abbasi Thomas Abe Devina Abreo Francesca Adamski Emmanuel Adenitire Gopal Agarwal Prasoon Agarwal Udit Agrawal Khamran Ali Omar Alzaim Dorothee Amar Akbar Amin Joe Amsler Wilfred Amuri Jack Anstey Paul Antonios Hidemi Aoki, Carolina Aragon Gonzalez Nelson Armbrust Georgina Aspden Laurene, Gisha, Sharon Babick Navin Babu Alexey Bachurin Alberto Bacis Patrick Badaro Rahul Bajaj Elise Bal Tanya Ballaram Brian Baltz Guillaume Banderet Nirav Bansal Nitin Bansal Swati, Chalapathi, Andrei Banu Camella Barnes James Barry Elisa Anna Bassu Aman Batra Eleanor Beasley Nicole Beavan Michael Becker Yukiko Beer Omar Benchekroune Richard Bennett Nigel Beslee Ashima Bhalla Nikhil Bhandari Nimita Bhargava Bodha Bhattacharya Rebecca Bibb Roseline, Rahul Bindu Mark Bird Leo Biselman Christian Blanc Patrick Bogues Michael Boratin Katherine Bordlemay Gabriela Borges Kate Boucher Erik Bouland Joanne Braidi Chris Brett Joseph Briggs Charles Brockett Emmeline Brothers Aaron Brown Adrienne Brown Kevin Bryck Archana Budida Oliver Bunn Rebecca Burgoyne Andrew Burpitt Todd Byers Patrick Byrne Michael Cahill Ashley Caldwell Jake Caldwell Serdar Caliskan Jon Calluzzo Stewart Campbell Samantha Cantor Yuri Cantor Dan Carabas Gemma Carlaw Laura Carroll Tim Carson Matt Carter Quentin Cezard Alex Cham Simon Chamama Heidi Chan Patrick Chan Suraj Chandran Kim Cheah Jon Cheh CP Chen Nelly Cheng Sarrah Cherhabil Jackson Cheung Michael Cheung Rama, Stan Chiu Anish, Kunal Choraria Ankit Chowdhari Dario Claus Cosimo Codacci, Michael Coleman David Collerd Shannon Collins Francesca Condini Lee Coppersmith John Couch Tim Creamer Maziar, Satish Damodaran Gareth Davies Serkan, Nick De Kock Ann de la, Nick De Kock Ann de la Montaigne Jan Debeuckelaer Molly Decker Gabrielle Decrion Laurent Dedieu Antoine Demongeot Yannick Derippe Deepalakshmi Desai Tim Desiano Joshua Dezube Randeep Dhillon Javier Diaz, Merry Matheus, Jared Dickow Alex Doell Mao Dong Praneil Doolabh Daniel Dooling Michelle Dorea Szymon Doroz Jacqueline Du Benjamin Duell Kelsey Dumont Julie Duval Todd Ebe Dayo, Jeremy Eisenstein Chris Elmore Ryan Erickson Joaquin Escribano Larry Estrada Pavel Fadeev Will Fairbourn Jeremy Falgiani Fabio Federici Wenlong Fei David Felman Sophia Ferguson Zach Fernandez David Fernandez Miguez Scott, William Fio Rito Duffy Fischer Lisa Florentine Akshay Fomra Janice Foo Nicholas Forbat Elie Franko Georgina Fraser Jason Freeman Nicole Freeman Oliver Friedberg Gavriel Friedland Ross Fuller Angela Fung Greg Furness Nikhil Gadodia Stefano Gamba Amit Singh Gambhir Javier Gandara Giorgio Gandola Amit Gangrade Sudha Garimella Mima Garland Mingmin Ge Graziano Gemma Shefali Gera Constance Germain Brad Gifford Benjamin Giles Abbas Ginwala Marlene Giorgio Thomas Giovachini Zachary Glasser Guillaume Gnech Harley Golding Yuriy Goldman Jesse Goldstein Roy Golender Sharon Gonnella Alejandro Gonzalez Steven Gooden Jessie Gould Varun, George Graf von Waldersee Florian Granier Jamie Greenberg Brian Grzelakowski Alessandro Guicciardi Michael Guiliano Samuel Guinness Bivash Gunpath Deepa Gupta Parikshit Gupta Lauren Gutierrez Johannes Hahn Chris Hallam Alex Halpern Christina Halpin Michael Hamilton Brooke Hammel Saki Hanioka John Hanson Mathew Harris Ally Hart Amy Harwood Tom, Emily Hashimoto Rob Haslam Michael Heino Brandon Herde Sarah Higgins Camilla Hill Spencer Hill Sho, Cecilia Ho Jonathan Ho Bryan Hoffman Kevin Hoffmeyer Eliza Hollyday Simon Holmes Mehdi, Lily, Derek Hu Jennifer Hui Tim Huiszoon Camille Humbert Kurt Humes Kelley Hutchison Masayuki Ichioka Andrew Imber Calvin Isaac Jackson Isaacs Sharif Ismail Yu, Doug Michael Jaffa Nitin Jagga Rahul Jain, Jataprolu Fiona Jervis Yinpeng Jin Sandeep Jindal Jennifer Jochinger Steven Johnson David Johnstone Megan Jordan Nicolas Joseph Bob Kadel Jean Kam Harneet Kaur Vinay Kaura Peter Kelman Stephanie Kenary Maggie Keohan Humayun Khalid Sunil Khandelwal Scott Kilpatrick Jenny Kim Ashley King Joel Klaus Rene Klos Rossitsa, Michael Kondoleon Gregory Kontopoulos Larry Kornreich Shrivathsa Kota Konrad Krallmann Ken Kraska Alexander Kretzberg Bryant Krongard Simon Kubbies Adam Kulik Peter Kulka Ajeya Kumar Aditya Kurella Sara Lachapelle Raagini, Langalia Chaim Langer Alexander Langley Raven LaRue Dolapo Lawal Claire Leblanc, Langalia Chaim Langer Alexander Langley Raven LaRue Dolapo Lawal Claire Leblanc Mary LeDonne, Allison Lee Michael Lee Soohyun Lee Victoria Lewis Alice Li Qing Li George Lin Ali Lippert David Lipworth Bozhena Lisko, Murphy Mark Littlewood Zhenyi Liu Yelli Lobel Avinash Lobo Burke Loeffler Gabriela Lopez Cristian Lopez, Balboa Carlos Lopez Torrero Stephanie Louie Edward Lowe Reynolds Lowry Fei Luo Ranjan Luthra Sangeetha M Martin Ma Matthew Maciaszek Michael Magee Steffen Mahringer Poonam Majithia Terres Maloney Gopal Manchikanti Jade Mandel, Manfay Varun, Pierre Marboeuf Matt Margolin Thiago Marinheiro Kevin Martens Masato Maruyama Lucinda Mataka Rishi Mathur Pierre Maugest Scott Maxfield Andrei Maxim Michael McClurg Selina McCole Jeff McCown Andrea McGee Sinead McGuigan John McGuinness Benjamin McRoberts Amit Mehrotra Gaurav Mehta Kelly Mellecker Josef Menasche Raf Mercado Alexander Mielke Rachel Miles Christopher Miller Megan Miller Robert Miller Max Minton Edward Mitchell Oliver Money Tyler Moni Anna Montvai Taylor Moore Anthony Moschella Brandon Moy Faraz Munaim Sasha Munn Ashok Musuvathy Negar, Julian Naden Robinson Hiroki Nagamine Srijith Nair Cornelius Namiluko Sanjiv Nanwani Jay Narain Robert Andranik Nazarian Jovan Negovan Ryan Newman Michael Ng, Tasuku Nishihara John Nixon Kristy Nomi Alexandre Nunes Patrick O'Callaghan Yusuke Ochi KC O'Connor David Olivares Erica Olsen Victoria Ortengren Anas, Peter Pace Robert Packwood Nitin, Ellen Pak Ruth Pan Pedro Panizo Jayshri, Rahul Parikh Dan Parisi Freddie Parker Phil Parsons Peter Paruch Paul Pate Bella Patel Preya Patel Rakesh Patel Amit Patni Ed Paulinski Adam Pennacchio Kyle Penton Abhishek Periwal Michael Perrier Yoric Perrin Rasmus Persson Tommy Pinhas, Marco Poletti Megan Prasad Avijit Praveer James Puccinelli Sameer Punde Rob Pyne Na Qiao Valentina Quadri Marco Quirico Anya Radford Abhishek Rai Rahul Raj Ram Rajamony Ryan Ramsay Rami Rankoussi Nach Rao Pawan Rao Anurag Rathi Philip Renton Noel Reyes Ruth Reynolds Timothy Richards Peter Richter Brigid Riley Hutchinson Nick Rill Kristina Ristagno Vicky Ritter Martin Roberson James Roberts James Robinson Giorgio, Erin Roos Erin Ross Sumit Roy Conrad Ryan Soo, Ryu David Sage Jai Sahani Namita, Sarah Sakkej Karim Saleh Ayesha Salman Divya Samani Henrik Samuelsson Ryan Sansalone Vikram Sarker Shalini Satish Babu Charlotte Saury, Hania Schmidt Helene Schmitt Emily Schorr Wendy Schrunk Thomas Schwegler Michael Sciancalepore Brandon Seaman Benjamin Seigel Gamal Selvarajah Nicholas Semeniuk Devjoy Sengupta Michael Shafik Arpan Shah Shashwat Shah Shahnawaz Shahbaz Manoj Sharma Sachin Sharma Wazila, Gunduz Shirin Alex Silver Asmita Singh Kamalpreet Singh Andrew Sinnott Sapna, Dan Skinner Andrew Snow Stephanie Snyder Farouk Soussa Christopher Spahr Erik Sparks Matt Speltz Naveen Srinivasan Bhargav, Warren, Damian Steele Tobias Stein Catherine Stemp Dave Stringer Shekar Subramanian Jordan Sudy Philipp Suess Fatima Sultana Lu Sun Kumar Sundaram Fiona Syer Matthew Sykes Tofi, Filippo Taddei Sandhya Tadishetty Omer Tanvir Rita Taylor Zachary Tcheyan Brian Teague Wesley, Caitlin Terry Thomas Tesauro Hemal, Justin Therry Christine Thornburg Gregory Thysheril Angelo Tierno Alexander Tingle Ryan Townsend Cynthia Trillo Dimitris, Jessica Tung Jonathan Tung Ezgi, Zachary Upcheshaw Kiyomi, Nadine Urseanu Jim Vais Pim Valantagul Perrin Van Allen Annerieke van Dijk Jeroen van Dorp Dennis van Laer Todd van Stolk, Riley Jacqueline Vargas Alexander Vavalidis Edwin Velez Prasanna Venugopal Tim Verheyden Amanda Verstegen Ankit Vijay Vargiya Salvador Villanueva Arthur Villard Sichel Denzel Voesenek Bradley Wainwright Adam Walker Barbara Walters Omar Waly Daniel Wang Kenneth Wang Kristen Ward Gavin Warren Michael Washington Harry Webster Fredrik Weege Brian Weiss Thomas Weitz Nat Wells Joe Wenzel Tim Whitehead Henry Willans Matthew Williams Taylor Williams Katie Wilson Richard Wilson Stephanie Wisner Ilana Wolfe Jake Woodson Jeff Wu Qi Wu Jackson Yang Esma, Yoon Harm, John Zhai Jenny Zhang Lynn Zhang Raye Zhu Jane Zhuang Hans Zijlmans Carolyn Zimmer Samia Zitouni Mira Zorkot Organizations: Goldman, Wall, Carolina, Nick De Kock Ann de la Montaigne, Langalia Chaim Langer Alexander Langley Raven LaRue Dolapo Lawal Claire Leblanc Mary Locations: Europe, Asia, India

☆ Andhra Pradesh train accident: At least 10 reported dead after trains collide in southeast India
▼ + stars: | 2023-10-29 | by ( Ritu Prasad | Vedika Sud | ) edition.cnn.com time to read: +1 min

CNN —At least 10 people are dead and 27 others have been injured after two trains collided in southeast India Sunday, Reuters reports. A train traveling from Visakhapatnam, in the state of Andhra Pradesh, to Rayagada, in Odisha, had stopped due to a break in an overhead cable when it was hit by an oncoming train, in the Vizianagaram district of Andhra Pradesh, Reuters said, citing a senior railway official. The collision derailed two coaches carrying more than 90 people on the stationary train, the official told Reuters. Sunday’s collision comes just four months after a separate train accident in Odisha, where three trains collided, leaving 275 people dead and more than 1,000 injured. Rescue operations are underway at the accident site, and all of the injured have been moved to hospitals, Railway Minister Ashwini Vaishnaw said on X.

Persons: “, Ashwini Vaishnaw, Narendra Modi, ” Organizations: CNN, Reuters, Railway, Minister’s, Indian, Sunday, “ Locations: India, Visakhapatnam, Andhra Pradesh, Rayagada, Odisha, Vizianagaram, country’s

☆ There is value in large-cap companies in India, says Kotak Institutional Equities
▼ + stars: | 2023-10-27 | 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 EmailThere is value in large-cap companies in India, says Kotak Institutional EquitiesSanjeev Prasad of Kotak Institutional Equities says there's "no value in most of the mid-cap and small-cap names."

Persons: Sanjeev Prasad Locations: India

Gaetz, a far-right House Republican who viewed Speaker Kevin McCarthy as too willing to compromise with Democrats, started a process three weeks ago to unseat him. Not only did that effort work, but House Republicans emerged from their recent chaos yesterday to elect Mike Johnson as the new speaker. “Because now we have both a man and a plan.”Johnson had little national profile until he emerged as the leading candidate for speaker on Tuesday night. Unlike the three failed speaker candidates who came before him, Johnson has few enemies among House Republicans. His hallmark in Congress, our colleague Annie Karni wrote in a profile of Johnson, “has been combining his hard-line views with a gentle personal style.”

Persons: Matt Gaetz’s, Kevin McCarthy, Mike Johnson, Johnson, McCarthy, “, ” Gaetz, ” Johnson, Susan Collins, Annie Karni Organizations: Republican, Democrats, Republicans, 118th, Wall Street, Maine Republican, House Republicans Locations: Maine

☆ From Russia to the Middle East: Why China can’t afford another big conflict
▼ + stars: | 2023-10-19 | by ( Laura He | ) edition.cnn.com time to read: +8 min

Now, as Israel’s war against Palestinian militant group Hamas threatens to spiral into a broader conflict that could shatter stability in the Middle East, China has called for a ceasefire while criticizing Israel’s actions. It also highlights China’s deep economic interests in both Russia and the Middle East, which it wants to safeguard at all cost. The world’s second largest economy depends on Russia and the Middle East for much of its energy needs. The Middle East is also a cornerstone in the Belt and Road Initiative. “Regional conflagration means long instability and long instability means no business for China in the Middle East,” he added.

Persons: ”, Eswar Prasad, refiners, Vladimir Putin, Xi, Sergei Guneyev, Russia’s, Putin, Russia —, Wang Yi, Jean, Loup Samaan, Joe Biden, QatarEnergy, Ahmed Aboudouh, Antony Blinken, Blinken, “ Organizations: Hong Kong CNN —, Moscow, Palestinian, Cornell University, Getty, Initiative, Shanghai’s Fudan University, United, China’s, Middle East Institute of, National University of Singapore, Wednesday, Jihad, Energy, China Petroleum & Chemical Co, Sinopec, Fudan University, Chatham House, US Department of State Locations: China, Hong Kong, Hong Kong CNN — Beijing, Ukraine, East, Palestine, Israel, United States, Russia, Beijing, Moscow, Saudi Arabia, Russian, AFP, Pakistan, Iran, Hamas, Tehran, Gaza, Qatar, China’s, Qatari, London, “, Persian, ”

President Biden will visit Israel tomorrow after accepting an invitation from Benjamin Netanyahu. Biden will be following his secretary of state, Antony Blinken, who was in Israel yesterday for the second time in the past week, after already having visited Egypt, Qatar, Saudi Arabia and elsewhere. Any country attacked as Israel was on Oct. 7 — with Hamas’s killing of more than 1,400 people and kidnapping of at least 199 — would be likely to respond militarily. “Israel is going after a group of people who have engaged in barbarism that is as consequential as the Holocaust,” Biden said in a “60 Minutes” interview. “Israel has to respond.”

Persons: Biden, Benjamin Netanyahu, Antony Blinken, ” Biden, “ Organizations: Israel, Hamas Locations: Israel, Egypt, Qatar, Saudi Arabia, U.S, Gaza, “ Israel

But on Saturday, for the first time in seven years, these two rivals will play each other on Indian soil in the opening stages of Cricket World Cup, which India is hosting. As Pakistan’s cricket team arrived in India’s southern city of Hyderabad last month, they were met with rapturous applause from Indians waiting at the airport for the star players. Even the Pakistan cricket team were only able to obtain visas at the eleventh hour, after complaints of a delay in the process which the Pakistan Cricket Board said disrupted the team’s preparation for the event. Chaudhry Abdul Jalil, popularly known as Chacha Cricket, waves after crossing the India-Pakistan border in Wagah on March 29, 2011, on the eve of the India-Pakistan Cricket World Cup semi-final match. “The World Cup is the one with the history and the legacy, it’s the one you want to win,” Shah said.

Persons: Farees Shah, ”, Vijay Hazare, Pakistan's Amir Eliah, Babar Azam, Azam, Abdul Jalil, Chaudhry Abdul Jalil, Narinder Nanu, “, ” Hadeel Obaid, Asif Hassan, Punit Paranjpe, Mukerji, Imran Khan, “ Ajay Jadeja, Waqar Younis, Venkatesh Prasad, Amir Sohail, Divya Bakhshi Bhatnagar, It’s, Narendra Modi, Money Sharma, Modi, Modi –, Shah, ” Shah Organizations: Islamabad CNN —, Indian, Pakistan cricket, Cricket, Keystone, Hulton, Sri, Pakistan Cricket Board, CNN, India’s Sports Ministry, Ministry, Pakistan Cricket, Getty, Gaddafi, Pakistan, Pakistan …, Bharatiya Janata Party, BJP, Western, India, Pakistani, team, – Locations: Delhi, Islamabad, Pakistan, Republic of India, Lahore, Amritsar, Hindu, India, New Delhi, India’s, Hyderabad, Sri Lanka, Wagah, AFP, Australia, Chennai, Gurgaon, Kashmir, UAE, Ahmedabad, India's, Gujarat, China

☆ Big question is what will replace China's property sector as key growth driver, professor says
▼ + stars: | 2023-10-02 | 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 EmailBig question is what will replace China's property sector as key growth driver, professor saysEswar Prasad, professor of trade policy at Cornell University, says "external demand is not going to do it, because the rest of the world is not doing terribly well."

Persons: Eswar Prasad Organizations: Cornell University

☆ Inside Project Nile: Amazon's secret AI-powered plan to change the way you shop online.
▼ + stars: | 2023-10-02 | by ( Eugene Kim | ) www.businessinsider.com time to read: +10 min

"Project Nile is a confidential initiative wherein we're building a conversational shopping agent for Retail customers," one internal document explained. Wearing that "I love AI" t-shirt, Sirosh, VP of Amazon Search and Alexa Shopping, introduced Project Nile as a "super confidential" project. Project Nile isn't the only move Amazon has made in the popular generative AI space. For Amazon's retail side, Project Nile is one of the most important projects. Sirosh has told his team he's "staffing up very rapidly" as Project Nile is the "absolute top priority."

Persons: Joseph Sirosh, Sirosh, Stephen Lam, It's, they're, Andy Jassy, Doug Herrington, Jassy, Rohit Prasad, ChatGPT, Microsoft's Bing, Google's Bard Organizations: Amazon, Microsoft, Retail, Amazon Search, Alexa, Nile, ChatGPT, Google Locations: Anthropic, OpenAI

☆ Barclays says this women's health pharma company could rally 48%
▼ + stars: | 2023-09-21 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

Organon is an undervalued global play and leader in women's specialty health, according to Barclays. The company, with a portfolio of about 60 treatments and products focused on women's health, was spun off from Merck in 2021 . Barclays analyst Balaji Prasad initiated coverage on Organon with an overweight rating. The company could also generate more than $1 billion in annual free cash flow during that span, he added. Organon's prescription birth control Nexplanon is the key driver to its women's health portfolio as the Nexplanon "pipeline continues to progress toward commercialization," he added.

Persons: Balaji Prasad, Prasad, Nexplanon, — CNBC's Michael Bloom Organizations: Barclays, Merck, Health Locations: Wednesday's

☆ The ‘Mandela Effect’: How a psychological phenomenon took over the internet
▼ + stars: | 2023-09-18 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +10 min

But you might also be experiencing the so-called Mandela Effect. Ken Drinkwater, a fellow researcher at Manchester Metropolitan, added that the effect might be connected to a condition called false memory syndrome. Jon Elswick/AP; Scott Olson/Getty ImagesSome common examples of the Mandela Effect have perhaps logical explanations, such as Mr. “Advocates of the Mandela Effect think it’s a genuine effect. These people had this false memory right after learning about the characters!

Persons: Ash, Fiona Broome, Nelson Mandela, Mandela, Broome, “ Luke, ”, Wilma Bainbridge, hadn’t, Deepasri Prasad, Bainbridge, Prasad, Stan, Jan Berenstain, ” Bainbridge, Neil Dagnall, Dagnall, “, ” Dagnall, Roediger, McDermott, Ken Drinkwater, they’ve, Drinkwater, they’d, you’ve, Jon Elswick, Scott Olson, David Adkins, Sinbad, Dennis Van Tine, Shaquille O’Neal, Clara Nellist, Lionel Flusin, hasn’t, ” Drinkwater, University of Chicago’s Bainbridge Organizations: CNN, “, Bears, University of Chicago’s, Science, UChicago, Dartmouth College, Manchester Metropolitan University, Manchester Metropolitan, Monopoly, Fox Television Network, European Organization for Nuclear Research, CERN, Collider Locations: South Africa, “, Hanover , New Hampshire, United Kingdom, New York City, Switzerland —, Geneva

☆ Mosquitoes are annoying and some are deadly. Here’s why we can’t – and shouldn’t – simply kill them all
▼ + stars: | 2023-09-12 | by ( Ritu Prasad | ) edition.cnn.com time to read: +9 min

Some mosquitoes are actually helpfulThe first problem to tackle here is the word “all.” There are more than 3,000 recognized mosquito species worldwide. Healy, who is also president of the American Mosquito Control Association, offered Louisiana, which is home to many swamps where mosquitoes thrive, as an example. “Disease-transmitting mosquito species, such as Aedes aegypti and Aedes albopictus, are invasive species in many parts of the world. As for the Anopheles mosquitoes, which transmit malaria, things are a little different. … We are constantly educating mosquito control workers to follow these practices.

Persons: birdsong, We’ve, ”, Kristen Healy, Healy, we’d, Laura Harrington, Culex, Aedes, ” John Marshall, ” Marshall, ” Healy, Soumyabrata Roy, NurPhoto, it’s, Harrington, Wolbachia, ” Harrington, Stefan Sauer, “ We’ve Organizations: CNN, US Centers for Disease Control, Entomology, Louisiana State University, American Mosquito Control Association, Cornell University, University of California, Getty Locations: –, West Nile, Louisiana, West, Berkeley

Hurricane Idalia intensified overnight and is now a Category 4 storm heading toward Florida’s Gulf Coast. The strongest part of the storm will be over Florida’s Big Bend, where the state’s long peninsula curves to meet its Panhandle. More than half of Florida’s western coastline is at risk of life-threatening storm surges, as rising ocean water floods towns. Tallahassee is preparing for outages that could last days, expecting its strongest storm in decades. That’s partly because of human-driven climate change, which appears to have contributed to record-breaking ocean temperatures off the Florida coast.

Persons: Idalia, You’re, Ron DeSantis, ”, Heath Davis, “ Organizations: Carolinas, ”, Florida National Guard, California . Locations: Florida’s Gulf, Big Bend, United States, West, Central Florida, Georgia, Florida, Tallahassee, Tampa, Naples, Fla, California, U.S

☆ Single people in Hawaii need to make an average of $112,411 to get by, a study has found. Here's how US living wages compare in the most expensive states.
▼ + stars: | 2023-08-30 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Hawaii is the most expensive place for single people to live in the US, an analysis found. Single people need an annual paycheck of $112,411 to make a living wage in the state, per the data. The study used survey data from the Bureau of Labor Statistics to calculate the cost of annual necessities for a single person state by state. New YorkLiving wage for a single person: $73,226AdvertisementAdvertisementOlympic Tower, New York City. AlaskaLiving wage for a single person: $71,570

Persons: Coyright Roy Prasad, Barry Winiker Organizations: Morning, US Bureau of Labor Statistics, Mississippi, Bureau of Labor Statistics, Hawaii, Massachusetts, DenisTangneyJr, California, Getty, New York, Alaska Locations: Hawaii, Massachusetts, San Francisco , California, , New York City

☆ U.S. commerce secretary's China visit produced 'one important deliverable,' professor says
▼ + stars: | 2023-08-30 | 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 EmailU.S. commerce secretary's China visit produced 'one important deliverable,' professor saysEswar Prasad, professor of trade policy at Cornell University, says there were no major breakthroughs, but the establishment of clear channels of "regular communication" at both the technical and senior policy levels was the "best that can be expected" from the U.S.-China relationship.

Persons: Eswar Prasad Organizations: Cornell University, U.S . Locations: China, U.S

☆ Watch CNBC's full interview with KraneShares' Brendan Ahern and Cornell's Eswar Prasad
▼ + stars: | 2023-08-28 | 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 EmailWatch CNBC's full interview with KraneShares' Brendan Ahern and Cornell's Eswar PrasadBrendan Ahern, KraneShares CIO, and Eswar Prasad, professor of trade policy at Cornell University, join 'Squawk on the Street' to discuss China's economy, the hope there will be a stimulus for China's economy, and what will bridge the gap between the government and entrepreneurs.

Persons: KraneShares, Brendan Ahern, Cornell's Eswar Prasad Brendan Ahern, Eswar Prasad Organizations: KraneShares, Cornell University

As his re-election effort gets underway, President Biden is signaling that health care — and particularly the cost of it — will be central to his campaign. “We’re taking on powerful interests to bring your health care costs down,” he has said. Biden is emphasizing the cost of health care partly because it has been one of his administration’s biggest priorities, even if other policies — such as those on the climate and infrastructure — receive more attention. His administration has reduced the cost of hearing aids, reduced the cost of health insurance for people who buy it though an Obamacare exchange and reduced an array of expenses for Medicare recipients. “Millions of people benefit from the health care provisions,” Larry Levitt, an executive vice president at KFF, a health care research group, told us.

Persons: Biden, “ We’re, ”, “ I’m, Larry Levitt Organizations: White Locations: KFF

☆ Chinese government's 'lip service' to private sector needs to change, says Cornell's Prasad
▼ + stars: | 2023-08-28 | 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 EmailChinese government's 'lip service' to private sector needs to change, says Cornell's PrasadBrendan Ahern, KraneShares CIO, and Eswar Prasad, professor of trade policy at Cornell University, join 'Squawk on the Street' to discuss China's economy, the hope there will be a stimulus for China's economy, and what will bridge the gap between the government and entrepreneurs.

Persons: Cornell's Prasad Brendan Ahern, Eswar Prasad Organizations: KraneShares, Cornell University

That sobering view of a post-pandemic global economy emerged from research organized by the Kansas City Federal Reserve and debated here this past weekend. "This puts us in a bleak setting, thinking about the parts of the world that are labor rich but capital poor," he said. "I do remember a time, maybe a more naive time...when more trade would create friends," said Ben Broadbent, deputy governor of the Bank of England. If there was a potential bright spot, it was around the discussion of advances in artificial intelligence as a possible driver of higher productivity. Reporting by Howard Schneider; Editing by Dan Burns and Andrea RicciOur Standards: The Thomson Reuters Trust Principles.

Persons: JACKSON, Pierre, Olivier Gourinchas, Gourinchas, Maurice Obstfeld, Barry Eichengreen, Eswar Prasad, Donald Trump, Biden, Jared Bernstein, Bernstein, Ben Broadbent, Ngozi Okonjo, Iweala, Trump, Nela Richardson, Howard Schneider, Dan Burns, Andrea Ricci Organizations: Kansas City Federal Reserve, U.S, Monetary Fund, Fed, Peterson Institute for International Economics, International Monetary Fund, University of California, Cornell University, U.S . White House Council, Economic, Biden, Bank of England, Trade Organization, Thomson Locations: , Wyoming, Ukraine, China, West, Washington . China, U.S, Berkeley, Japan, Nigeria, Russian, Europe

☆ The Real Problem With China’s Economy: Xi Jinping’s Government - The New York Times
▼ + stars: | 2023-08-26 | by ( Eswar Prasad | ) www.nytimes.com time to read: +2 min

The numbers portray a stalling economy, but there is a far more profound concern. Chinese consumers and businesses are losing confidence that their government has the ability to recognize and fix the economy’s deep-seated problems. If President Xi Jinping’s government doesn’t tackle this fundamental issue, any other measures will have little impact in arresting the downward spiral. This confidence problem is apparent in the tepid private investment and weak household consumption over the past year. The worrying cognitive dissonance between the government and entrepreneurs became apparent during a recent trip I took to China.

Persons: Xi Organizations: Chinese Communist Party, Technology, Ant, Entrepreneurs Locations: China, United States, Beijing

☆ The U.S. Regulates Cars, Radio and TV. When Will It Regulate A.I.?
▼ + stars: | 2023-08-24 | by ( Ian Prasad Philbrick | More About Ian Prasad Philbrick | ) www.nytimes.com time to read: +1 min

Historically, regulation often happens gradually as a technology improves or an industry grows, as with cars and television. In 1937, an untested and poisonous liquid version of sulfanilamide, meant to treat bacterial infections, killed more than 100 people across 15 states. “Before we seek to regulate, we have to understand why we are regulating,” said Representative Jay Obernolte, a California Republican who has a master’s degree in A.I. “Only when you understand that purpose can you craft a regulatory framework that achieves that purpose.”Brain drainEven so, lawmakers say they’re making strides. “Congress is taking the issue really seriously,” said Camille Carlton of the Center for Humane Technology, a nonprofit that regularly meets with lawmakers.

Persons: ”, Jonathan Lewallen, Jay Obernolte, ” Mr, Obernolte, Camille Carlton Organizations: Food and Drug Administration, University, Tampa, California Republican, Center for Humane Technology Locations: California, A.I

The eight Republican presidential candidates who took the stage last night had a lot going for them. There was a sitting senator and two sitting governors, as well as an entrepreneur, a few former governors, a former U.N. ambassador and a former vice president. Polls show that several of them have high approval ratings among Republican voters. But the 2024 Republican campaign is shaping up to be unlike any in memory. Donald Trump remains so popular among Republican primary voters that there is no obvious path for any of the other candidates to displace him.

Persons: Donald Trump Organizations: Republican, Republicans, Fox News

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