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☆ Opinion | Nate Silver on How Kamala Harris Changed the Odds
▼ + stars: | 2024-08-13 | by ( Ezra Klein | ) www.nytimes.com time to read: +81 min

You know, Hillary Clinton, who was, I think, kind of a terrible candidate, won the popular vote by two points. So I don’t think they gave her a very good hand to play. It doesn’t matter who you are, it matters that you’re right and you’re able to prove it or bet on it in some way. What wasn’t in the Harris model that should have been?” “Yeah, maybe you really can meme your way to victory. And there’s something in it that I don’t think she can explain how she does it, but it makes her a fascinating leader.

Persons: Nate Silver, ”, ESPN’s Nate Silver, Silver, He’s, “ Savage, ” “, he’s, Ezra, Harris, we’ve, Kamala Harris, Donald Trump’s, There’s, Hillary Clinton, she’s, She’s, Gavin Newsom, It’s, Biden, I’m, you’re, Joe Biden, Democratic Party Harris, Liz, —, “, Donald Trump, that’s, George W, Bush, Donald Trump wasn’t, it’s, Michael Jackson, Woody Allen, ’, Chick, don’t, George Floyd, ‘ COVID, COVID, Peter Thiel, Elon Musk, Michael Moritz, Elon, Mark Cuban, Thiel, Max Chafkin, Mark Zuckerberg, Larry Page, Sergey Brin, Marc Andreessen, Ted Cruz, Sam Bankman, Tom Brady, SBF, Carrick Flynn, Oregon’s, I’m Carrick Flynn, Tara MacAulay, vouched, Bill Clinton, Tyler Cowen, they’ve, Jane, JD Vance, Peter Thiel’s, Vance, Trump, Steve Bannon, Don Trump, Jr, Tucker Carlson, Tim Walz, Josh Shapiro, Tell, you’ve, Shapiro, Walz, I’ve, Iglesias, Obama, Susan Collins, Joe Manchin —, Jon Tester, ” “ Sherrod Brown, I’d, Dana White, Hulk Hogan, Joe Biden’s, — let’s, Mike Donilon, Kennedy, ” “ Tim Alberta, Georgia —, Brian Kemp, Blake Masters, Rick Scott, ” “ Trump, Doug Burgum, Black, didn’t, — Woodrow Wilson, Harry Truman, Michael Jordan, everyone’s, Nancy Pelosi’s, Nancy Pelosi, Joe ’, we’re, I’ll, John Coates, Richard Rhodes, Natasha Schüll, Natasha Organizations: Oracle, Trump, Democratic Party, Facebook, Twitter, The New York Times, ’ Harvard University, Democratic White House, Republican White House, Democratic, Silver, George, Vegas, Poker, extroversion, Elon, Sequoia Capital, McLaren, Paypal, Republican, New, PAC, Alameda, Las, Ohio Senate, underperform, White, UFC, RNC, Biden, Biden ., National Association of Black Journalists, Deutsche Bank, Manhattan Project, Design Locations: Nate, Russian, Russia, ’, Elon, Florida, predestiny, Bahamas, Sam, Africa, New York, Oregon, Las Vegas, Petersburg, United States, Ohio, Trump, Minnesota, ” “ Pennsylvania, Pennsylvania, Gaza, Chicago, Montana, Nevada, North Carolina, Georgia, Nevada , Arizona, Biden . Georgia, Carolina, Arizona, Ukraine, LA, It’s, Vegas

☆ FDA rejection of MDMA-assisted therapy rattles advocates but doesn’t spell end of psychedelics in medicine, experts say
▼ + stars: | 2024-08-13 | by ( Deidre Mcphillips | Carma Hassan | ) edition.cnn.com time to read: +11 min

The initial application from Lykos presented positive data from two late-stage clinical trials that used MDMA in combination with talk therapy to treat PTSD. The advisers said it was also difficult to parse how much the accompanying talk therapy — an area that the FDA does not regulate — contributed to outcomes. Advocates for the treatment, including some veterans groups, said they were “incredibly disappointed” by the FDA decision. Dozens of clinical trials involving psychedelics are in various stages, and additional scrutiny can help strengthen the findings and build confidence. Psychopharmacology did not allow the study authors to publish a correction with data that excluded findings from one study site, said Allison Feduccia, an author in all three retracted studies.

Persons: Lykos, —, ” Martin Steele, Brett Waters, ”, Rachel Yehuda, “, ‘, Michael Bogenschutz, Yehuda, It’s, Lori Bruce, Psychopharmacology, caressed, “ it’s, Amy Emerson, ” Lykos, Allison Feduccia, Dr, Sanjay Gupta, Brian Barnett, ” Bruce, Nadia Kounang Organizations: CNN, Food and Drug Administration, Lykos Therapeutics, FDA, Veteran Mental Health Leadership Coalition, Hope, Center, Psychedelic Psychotherapy, Mount, Icahn, of Medicine, NYU Langone Center, Psychedelic Medicine, Oxford, NUS, Neuroethics, Interdisciplinary Center, Bioethics, Yale University, ”, Multidisciplinary Association for Psychedelic Studies, Health Canada, Institutional, Board, CNN Health, Cleveland Clinic Locations: Canada, “

☆ Forget free cash, there's an even more American way to help people get ahead
▼ + stars: | 2024-08-10 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +11 min

Read previewGuaranteed basic income is all the rage right now. Countries including India, Argentina, and Austria have tested out small-scale guaranteed job programs. Cleveland's jobs guaranteeFor Cotten, ensuring jobs for any American who needs one is a no-brainer. While many cities are testing out basic income programs, they haven't been universal and instead targeted specific groups in need like artists, new parents, low-income families, or people experiencing homelessness. Republican lawmakers have introduced bills to ban basic income programs in their states, with some arguing that handing out checks with no strings attached would disincentivize work and raise taxes.

Persons: —, that's, what's, Tcherneva, Sen, Bernie Sanders, Ayanna Pressley, Devin Cotten, Cotten, Franklin Delano Roosevelt's, Sanders, Pressley, Andrew Yang —, Gerald Connolly, UBE, Lukas Lehner, Lehner, Maximilian Kasy, they're, Kasy Organizations: Service, Business, Bard College, American, Democrats, Republicans, Washington Post, Social Security, Universal, University of Oxford, European Commission, European Union Locations: Denver, Baltimore, India, Argentina, Austria, Cleveland, Virginia, Austrian, Marienthal, South Africa, United States, France

☆ Razor-thin solar panels could be ‘ink-jetted’ onto your backpack or phone for cheap clean energy
▼ + stars: | 2024-08-09 | by ( Kara Fox | ) edition.cnn.com time to read: +5 min

Today’s solar panels that use silicon cells, by comparison, typically covert up to 22% of sunlight into power. Another important factor fueling solar’s rise is its growing efficiency in converting the sun’s energy. But Wang noted that the research group is not advocating for the end of solar farms. “I wouldn’t say we want to eliminate solar farms because obviously we need lots of areas or surfaces to generate sufficient amount of solar energy,” he told CNN. Some coatings in lab settings have dissolved or broken down over short periods of time, so are regarded as less durable than today’s solar panels.

Persons: aren’t, Junke Wang, Martin Small, Wood Mackenzie, Wang, ”, Henry Snaith, Snaith Organizations: CNN, Oxford, Oxford University's Physics, Oxford University Physics Locations: Germany

☆ The AI world's most valuable resource is running out, and it's scrambling to find an alternative: 'fake' data
▼ + stars: | 2024-08-09 | by ( Hasan Chowdhury | Hugh Langley | ) www.businessinsider.com time to read: +11 min

OpenAI CEO Sam Altman has argued that AI models should eventually produce synthetic data good enough to train themselves effectively. As the well of usable human-generated data dries up, more companies look into using synthetic data. Rather than being pulled from the real world, synthetic data is generated by AI systems that have been trained on real-world data. Synthetic data may help offer some effective "countertuning" to the biases produced by real-world data, too. 'Habsburg AI'While the AI industry found some advantages in synthetic data, it faces serious issues it can't afford to ignore, such as fears synthetic data can wreck AI models.

Persons: —, that's, Sam Altman, Gary Marcus, It's, Nathan Lambert, Gretel, SynthLabs, Meta, Timnit Gebru, Margaret Mitchell, LLMs, Sadowski, Alexandr Wang, AlphaGeometry, Marcus Organizations: Service, Google, Business, Oxford, Gartner, New York University, Allen Institute, AI, Nvidia, Meta's, Anadolu, Getty, Rush, Microsoft, Monash University Locations: Cambridge, Habsburg

☆ When my family moved from the US to the UK, I enrolled my kids in an IB program. They're now better prepared for college.
▼ + stars: | 2024-08-08 | by ( Fabriene Prudencio | ) www.businessinsider.com time to read: +5 min

However, when we relocated to the UK, as an educator myself, I knew that I wanted an International Baccalaureate (IB) education for all of my children moving forward. Our twins, both now 18, have just completed their final year of the IB program and will attend university. In those middle years at school, children are supposed to be focussing on learning and developing key skills. The IB has prepared my children better for universityWhile my older twins have found the IB challenging, the program has also nurtured their passion for learning, encouraging their intellectual curiosity. This is because an IB school gets students involved in group projects, independent research, and advanced writing assignments throughout their education.

Persons: —, Egham Organizations: Service, Business, IB, Egham, Oxford Locations: Miami, Cambridge

☆ Perfumes, Candles, Toothpaste — Vanilla Is in Everything. And It’s Under Threat. - The New York Times
▼ + stars: | 2024-08-04 | by ( Aimee Nezhukumatathil | ) www.nytimes.com time to read: +1 min

Once you notice vanilla, you’ll smell it everywhere. From custard to candles, we live in a world suffused with vanilla. Extracted from the bean pod of a delicate orchid, vanilla must be grown under exceptionally precise conditions along a very narrow band of the earth, between the Tropics of Cancer and Capricorn. In 2017, a Category 4-equivalent cyclone decimated an estimated 30 percent of the vanilla vines in Madagascar, which produces 80 percent of the vanilla used around the globe. As a result, the price of vanilla bean pods surged to nearly $300 a pound.

Organizations: University of Oxford, Karolinska Institute, Cancer Locations: Sweden, Madagascar, Mexico, Tahiti

☆ There are cracks forming in the US jobs market
▼ + stars: | 2024-08-02 | by ( Alicia Wallace | ) edition.cnn.com time to read: +9 min

CNN —The pandemic threw the US job market into chaos, but four years later, things finally seem to be back to normal. Most indicators support the idea that the labor market is no longer overheated and could easily maintain a new normal of steady, but slower growth. The unemployment rate is expected to hold steady at 4.1%, according to FactSet consensus estimates. “This is a labor market that’s otherwise moderated,” Nick Bunker, director of North American economic research at Indeed, told CNN. The same goes for the prime-age labor force participation rate, which at 83.7% also is the highest in 23 years.

Persons: hasn’t, Jerome Powell, Nick Bunker, Powell, Nancy Vanden Houten, ’, “, ”, —, Madhavi Bokil, Indeed’s Bunker, Bunker, ” Elise Gould, ” Bunker, “ It’s, Julia Pollak, ” Pollak, can’t Organizations: CNN, Federal, of Labor, Challenger, Economic Policy Institute, ” Locations: Oxford

☆ How antidepressants can make people more vulnerable to heat
▼ + stars: | 2024-08-02 | by ( Laura Paddison | ) edition.cnn.com time to read: +7 min

CNN —When Adelaide Saywell posted on TikTok last month that SSRIs, a commonly prescribed antidepressant medication, could make people more vulnerable to heat, it went viral and sparked a deluge of comments. Adelaide Saywell received a flood of surprised comments when she posted about the link between SSRIs and heat intolerance. Dehydration puts people at risk of heat exhaustion and, in particularly severe cases, heat stroke, which is dangerous and potentially deadly. Sondeep Shankar/Bloomberg/Getty ImagesScientists and doctors are still trying to unpick the complex relationship between SSRIs and heat. It is partly the reason why medical professionals don’t always talk about heat when they prescribe these anti-depressants.

Persons: Adelaide Saywell, “, ”, ” Saywell, Laurence Wainwright, Pope Moseley, Moseley, Sondeep Shankar, Wainwright, don’t, ” Wainwright, Reddit, won’t, Saywell, Judith Joseph, Joseph, ” Joseph, “ It’s Organizations: CNN, University of Oxford, Arizona State University, Bloomberg, Getty

☆ Fed Chair Powell just said the labor market is getting vulnerable. Friday’s jobs report could prove why
▼ + stars: | 2024-08-01 | by ( Alicia Wallace | ) edition.cnn.com time to read: +9 min

CNN —The pandemic threw the US job market into chaos, but four years later, things finally seem to be back to normal. Most indicators support the idea that the labor market is no longer overheated and could easily maintain a new normal of steady, but slower growth. “This is a labor market that’s otherwise moderated,” Nick Bunker, director of North American economic research at Indeed, told CNN. Labor force participation/employment to population ratio: These metrics are key reasons why Bunker and others believe the labor market remains in good shape. The same goes for the prime-age labor force participation rate, which at 83.7% also is the highest in 23 years.

Persons: hasn’t, Jerome Powell, Nick Bunker, Powell, Nancy Vanden Houten, ’, “, ”, —, Madhavi Bokil, Indeed’s Bunker, Bunker, ” Elise Gould, ” Bunker, “ It’s, Julia Pollak, ” Pollak, can’t Organizations: CNN, Federal, of Labor, Challenger, Labor, Economic Policy Institute, ” Locations: Oxford

☆ Tackle these 14 factors to lower dementia risk, report suggests
▼ + stars: | 2024-07-31 | by ( Kristen Rogers | ) edition.cnn.com time to read: +8 min

But addressing 14 risk factors over the course of one’s life — starting in childhood — could prevent or delay nearly half of cases, according to a large report by 27 dementia experts. “The progress in preventing and treating dementia is accelerating.”The initial 12 risk factors were linked with 40% of cases, but the new report suggests addressing the 14 risk factors could help eliminate or delay 45% of dementia cases, said Livingston, a professor of psychiatry of older people at University College London. This “critical” update calls attention to two risk factors that preventive neurologist Dr. Richard Issacson says his clinical practice has been evaluating for over a decade. Influencing brain functionThe report doesn’t establish with certainly that these risk factors directly cause dementia, experts said. But other research has provided theories on the link between these vulnerabilities and dementia risk.

Persons: CNN —, ”, Dr, Gill Livingston, Livingston, Richard Issacson, Isaacson, wasn’t, It’s, Klaus Ebmeier, Ebmeier wasn’t, ” Livingston, Glen R, Finney, Alzheimer’s, Susan Kohlhaas, Kohlhaas, …, ” Finney Organizations: CNN, Lancet, University College London, University of Oxford, American Academy of Neurology, Alzheimer’s Research Locations: midlife, Florida, Wilkes Barre , Pennsylvania, €

☆ Shingles vaccines may reduce dementia risk, two large new studies suggest
▼ + stars: | 2024-07-30 | by ( Brenda Goodman | ) edition.cnn.com time to read: +9 min

In 2017, a stronger vaccine, Shingrix, became available. “While research into whether vaccines affect dementia risk continues, people should be aware that there are other factors that have definitively been linked to an increased dementia risk. This study also found that the new shingles vaccine was associated with a larger degree of benefit than the older one. Although the findings are intriguing, the association needs more study before researchers can know for sure that the shingles vaccine is definitively behind the benefit. So for the time being, the best reason to get a shingles vaccine is still to avoid the misery of shingles.

Persons: stow, Shingrix, that’s, ”, Paul Harrison, ” Harrison, Dr, Andrew Doig, ” Doig, it’s, Sheona Scales, Scales, Sanjay Gupta, Phil Dormitzer Organizations: CNN, US Centers for Disease Control, Nature, GlaxoSmithKline, GSK, University of Oxford, University of Manchester, Alzheimer’s Research, Alzheimer’s Association International Conference, Oxford, CNN Health Locations: United States

☆ Ozempic predecessor suggests potential for GLP-1 drugs in Alzheimer’s in early trial
▼ + stars: | 2024-07-30 | by ( Meg Tirrell | ) edition.cnn.com time to read: +7 min

“This is the first study that actually looked at a relatively large number of patients for whether there is any neuroprotective effect in Alzheimer’s disease,” Edison said. The trial enrolled predominantly people with mild Alzheimer’s disease, measured by a test known as the Mini-Mental State Examination, a scale that goes up to 30. The GLP-1 drug class also includes Eli Lilly’s Mounjaro and Zepbound, which use the active ingredient tirzepatide, which mimics not just the hormone GLP-1 but another called GIP. But it hasn’t announced any trials of its GLP-1 drugs in Alzheimer’s. GLP-1 drugs can have side effects, though, primarily gastrointestinal problems like nausea and vomiting.

Persons: liraglutide, “, ”, Maria Carrillo, Carrillo, Paul Edison, ” Edison, Edison, Eli Lilly’s Mounjaro, Alzheimer’s Lilly, hasn’t, Lilly, Lars Fruergaard Jorgensen, there’s, Dr, Sanjay Gupta, semaglutide Organizations: CNN, Alzheimer’s Association International Conference, Alzheimer’s Association, Novo Nordisk, Imperial College London, ”, Nordisk, ” Novo Nordisk, CNN Health, University of Oxford, Alzheimer’s Society, Alzheimer’s Locations: United Kingdom, Philadelphia, Alzheimer’s, ” Novo, Danish

☆ Where inflation is the highest and lowest in America
▼ + stars: | 2024-07-28 | by ( Bryan Mena | ) edition.cnn.com time to read: +8 min

The Honolulu metro area in Hawaii, meanwhile, saw the nation’s highest annual inflation rate in May, at 5.2%. Housing costs have therefore eased over the past year, tugging inflation overall much lower. Tight housing-market conditions are also plaguing New York, which at one point boasted the lowest inflation rate in the country. Housing costs make up about a third of the Labor Department’s CPI, a closely watched inflation gauge. Inflation is down substantially from the 40-year highs of two years ago, but housing costs have remained stubbornly elevated.

Persons: ”, Barbara Denham, Brian Adcock, Willy Nunn, homebuilding, Adcock, “, Jane Castor, it’s, homebuilders, Carl Bonham, Mengshin Lin, Roseann Freitas, ” Freitas, Freitas, Josh Green Organizations: Washington CNN, Consumer, Nationwide, Aloha State, Oxford, Labor Department’s CPI, Federal, Boomers, Tampa Bay Chamber, Miami, Tampa, Homes, CNN, ” Tampa, Urban, University of Hawaii, Washington Post, Building Industry Association of Hawaii Locations: The Tampa, St, Petersburg, Clearwater, Florida, Honolulu, Hawaii, Tampa Bay, homebuilding, Houston , Minneapolis, Denver, Central Florida, New York, Tampa The Tampa, Tampa, Hillsborough County, Pasco County, Miami, ”, Urban Hawaii, Lahaina , Hawaii, Lahaina

☆ Why Is It So Hard for Olympic Host Cities to Control Costs?
▼ + stars: | 2024-07-27 | by ( Vivienne Walt | Sarah Kessler | ) www.nytimes.com time to read: +1 min

Like every city that hosts the Olympics, Paris designed its opening ceremony to make a splash, with ethereal dance performances, athletes floating down the Seine and a blowout performance by Celine Dion. A big display is table stakes, and hundreds of thousands of people jammed the city’s bridges and riverbanks for hours to cheer the flotilla. The tab for the Games in Paris, the first city to fully test cost-cutting reforms that the International Olympic Committee introduced in 2019, is at least $8.87 billion. Figuring out how to keep host city expenses on budget is vital for the Olympics, which have struggled to find host cities in places where citizens have a say in the decision. voted on Wednesday to give the 2030 Winter Games to the French Alps and the 2034 Winter Games to Salt Lake City, both cities were the only candidates.

Persons: Celine Dion Organizations: Games, International Olympic, London, Tokyo, Rio, Oxford’s Said Business, Olympics Locations: Paris, Rio de Janeiro, Salt Lake City

☆ How the AI revolution could cost you your job without replacing you
▼ + stars: | 2024-07-26 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +6 min

But as tech firms plan to invest billions of dollars in generative AI technologies, there's been another explanation for job cuts. While there's been a mountain of speculation about if and when AI technologies like ChatGPT could displace workers, their near-term impact on job losses could be less about job replacement and more about the cost of AI investments. The risks of AI job replacement remains to be seenIn the big picture, Netzer said he expects AI technologies to be an "enhancer rather than a replacer of jobs" in the years ahead. Advertisement"For many jobs, AI is likely to enhance our job, allowing us to spend more time on the things we enjoy doing and less time on the mundane," he said. AdvertisementBenedikt Frey pointed to translators as one profession that has seen fewer employment opportunities due to generative AI, per his research.

Persons: —, there's, Goldman Sachs, Mark Zuckerberg, Meta, Sundar Pichai, Daniel Rausch, Dan Ives, It's, Carl Benedikt Frey, Netzer, Benedikt Frey Organizations: Service, Apple, Microsoft, Industry, Business, Google, Amazon, Alexa, Fire, Wedbush Securities, Big Tech, FT, Columbia Business School, University of Oxford

“This will be the first Olympics, since Sydney, where the total costs are coming in under $10 billion,” said Victor Matheson, a College of the Holy Cross professor of economics who has researched the financial costs of the Olympics. Workmen adjust banners on the 3x3 basketball venue located at La Concorde, in Paris, ahead of the 2024 Olympic Games. Additionally, the Paris Olympic Village will be converted into offices and housing in a historically impoverished neighborhood. Still, economists say, it may take more drastic moves in the future for the Olympics to be truly sustainable and economically sound. “I love the Olympics, and I love sporting events, but I just really do not think that the way the Olympics works now is a viable business model,” Phalin said.

Persons: ”, Victor Matheson, “, “ It’s, David Gray, Andrew Zimbalist, ” Zimbalist, Michael Kappeler, it’ll, Fabrice Coffrini, Zimbalist, ‘, Amanda Phalin, Christian Petersen, I’m, ” Phalin, you’ve, it’s, Andrew Medichini, shuttlecocks, Matheson, Phalin Organizations: CNN, Olympic, Paralympic Games, Paris Games, of, IOC, La Concorde, Getty, Mexico City Games, Montreal Games, Smith College, Olympics, Oxford University, Audit Board, Tokyo, Eiffel, Paris, University of Florida’s Warrington College of Business, Games, of Investment, Development Authority, French, ” Workers, Palais, AP Paris Locations: Paris, Sydney, La, AFP, Mexico, Munich, ” Los Angeles, Tehran, Beijing, Sochi, France, “, Lake Placid , New York, Lake Placid, ”, Los Angeles, Oklahoma

☆ Scientists found a groundbreaking new reason to plant more trees
▼ + stars: | 2024-07-25 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +4 min

Trees are sucking up just as much, if not more, methane than soil does — the only other known natural sink on Earth. "We've been undervaluing trees for their climate benefits," Vincent Gauci, a professor at the University of Birmingham and the lead author of the study, told Business Insider. Both natural and human-made methane emissions from wetlands, cows, landfills, and burning fossil fuels are on the rise. In a 2017 study, they found that trees in Amazon floodplains emitted more methane than they absorbed. Satellites detect lower methane emissions than what scientists have found on the ground, implying that such "bottom-up" studies either overestimated methane emissions or missed a sink.

Persons: We've, Vincent Gauci, Gauci Organizations: Service, University of Birmingham, Business, University of Oxford Locations: Brazil, Peru, Panama, Sweden

☆ What Rupert Murdoch Owns, and How He Built His Media Empire
▼ + stars: | 2024-07-25 | by ( J. Edward Moreno | ) www.nytimes.com time to read: +1 min

Rupert Murdoch, the 93-year-old media tycoon, spent the past 70 years building a global media empire that gave him influence in journalism, politics and pop culture. He’s now locked in a court battle with three of his children over the future of the business, which own Fox News, The Wall Street Journal, The New York Post and major newspapers and television outlets in Australia and Britain. With dozens of acquisitions, Mr. Murdoch created the media conglomerate known for the rise of the modern tabloid and conservative commentary. Here’s how Mr. Murdoch built his empire:1950sThe Australian-born mogul ventured into media in 1952 when he inherited his family’s business after the death of his father, Keith Murdoch. A 21-year-old Oxford student, he inherited The News of Adelaide, a newspaper in southern Australia with a circulation of 75,000.

Persons: Rupert Murdoch, Murdoch, Keith Murdoch Organizations: Fox News, Street, The New York Post, Britain, Fox, Oxford Locations: Australia, Britain, Australian, Adelaide

☆ Why the Paris Olympics cost so much less than in Rio, London or Tokyo
▼ + stars: | 2024-07-25 | by ( Darren Geeter | ) www.cnbc.com time to read: +1 min

About 10,000 athletes, a record 8.6 million tickets sold and billions of television viewers worldwide: That's the Olympics, and they are set to start on Friday in Paris. Since the 1960s, every city hosting the Olympics exceeded its initial budget by a large margin, according to an Oxford University study. Spending at the 2024 Paris Olympics is expected to come in at under $10 billion — only about 25% over the initial budget, according to an S&P Global Ratings report. About 95% of the venues slated for use during the Paris Olympics existed prior to the city's winning bid to host the Games, according to the S&P Global Ratings report. Watch the video to learn more about how Paris is poised to pull off one of the cheapest Olympics in modern history.

Organizations: Oxford University, Aquatics Locations: Paris, Rio de Janeiro, Tokyo

☆ Eliud Kipchoge: The two-hour marathon man eyes unprecedented Olympic glory
▼ + stars: | 2024-07-22 | by ( Sean Coppack | ) edition.cnn.com time to read: +7 min

This is what Olympic preparation looks like for arguably the greatest distance runner of all time, Eliud Kipchoge. The run concludes 30 kilometers later, back where it began, at the training camp where the 39-year-old is gearing up for what could be his final bow on the Olympic stage. Kipchoge (left) prepares for a pre-dawn run with a member of his training team. Courtesy NN Running TeamThe 39-year-old would become the oldest male marathon winner at the Olympics, should he succeed in Paris. “I want to be remembered by making this world a running world,” he says.

Persons: Eliud, Kipchoge, Rocky Balboa, Ivan Drago, “, Grace, he’s, “ It’s, ” Kipchoge, NNRunningTeam.com, ”, Patrick Sang, Faith Kipyegon, ” Eliud Kipchoge, 40.2sec, Herbert Neubauer, Eliud Kipchoge Organizations: Kenya CNN —, Paris, Global Sports Communication, CNN, Getty, ”, Games, Oxford Union Locations: Kaptagat, Kenya, Paris, Vienna, Austria

☆ Joe Biden's bombshell revives Elon Musk's ambitions to make X the world's digital town square
▼ + stars: | 2024-07-22 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

That's right: Biden used X to tell the world he was pulling out of the presidential race. Related storiesThis has all helped build X's case as the internet's digital town square. Spam and abuseThat said, there have been several signs in the months prior suggesting that it is hardly fit to be a digital town square. Pavliuc also notes that X's leaders have struggled to present the app as a "digital town square" that's fair for all. "It's important to think about comparing it to a physical town square where if you scream misogynistic or racist slurs at someone, would that be OK?

Persons: —, Elon, Donald Trump, Joe Biden, That's, Biden, Alex Brandon, Mike Stewart, Linda Yaccarino, Yaccarino, Joseph Teasdale, Alexa Pavliuc, Teasdale, Pavliuc, Onur Dogman, Kamala Harris, Musk, who's Organizations: Service, White, Business, Trump, Twitter, Analysis, Oxford Internet Institute, Democrats Locations: Israel, Gaza

☆ As the super-rich pile into alternatives, a top investment manager reveals how others can too
▼ + stars: | 2024-07-22 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +4 min

Private market assets or alternative investments are those that do not fall into the conventional categories of stocks, bonds, commodities and cash. Prequin, which provides data on the alternative assets market, says it expects assets under management to hit $23.21 trillion by 2026 . Listed companies related to private markets He advised investors to consider listed companies in "the business of private markets management." These include the likes of KKR and Blackstone , which invest in a range of alternatives like real estate, credit and capital markets. Listed private market funds Another way to gain exposure to the alternatives space is through private market funds which are available in some countries.

Persons: —, Juan Delgado, Moreira, Hamilton Lane, Delgado Organizations: CNBC Pro, Nvidia, KKR, Blackstone, London Stock Exchange, Oxford Tech, Venture Capital Trust, Temasek, Asset Management Locations: U.S, Hamilton Lane, Singapore

☆ Zelensky Becomes First Foreign Leader to Visit U.K. Cabinet Since Clinton
▼ + stars: | 2024-07-19 | by ( Stephen Castle | ) www.nytimes.com time to read: +1 min

Ukraine’s president Volodymyr Zelensky became the first foreign leader to attend Britain’s cabinet meeting in person since former U.S. president Bill Clinton in 1997, in a public display of Britain’s staunch support for Ukraine as doubts grow about future U.S. military aid if Donald J. Trump wins a second presidential term. Mr. Zelensky briefed the British government’s top ministers on Friday on his country’s military conflict with Russia, while discussing moves to prevent oil tankers from breaching international sanctions against Moscow. The Ukrainian president, who was greeted with a standing ovation, was the first foreign leader to be invited into Downing Street by Keir Starmer, the new British prime minister, following his general election victory earlier this month. The two leaders also discussed a new defense export support treaty designed to boost production of military hardware and weaponry in both countries. Mr. Zelensky’s visit to Downing Street followed his attendance on Thursday at a summit of more than 45 European leaders at Blenheim Palace, near Oxford, where Ukraine was high on the agenda, and where he won renewed pledges of support for his battle against the forces of Russia’s president, Vladimir V. Putin.

Persons: Volodymyr Zelensky, Bill Clinton, Donald J, Zelensky, Keir Starmer, Zelensky’s, Vladimir V, Putin Organizations: Trump, British, Moscow, Downing Locations: Ukraine, Russia, Blenheim, Oxford

☆ As Clouds Gather Over Europe, Leaders Seek Unity in Churchill’s Birthplace
▼ + stars: | 2024-07-18 | by ( Stephen Castle | ) www.nytimes.com time to read: +1 min

The venue is a glittering 18th-century palace and the birthplace of Winston Churchill. The guests include more than 40 of Europe’s leaders. And, King Charles III will be on hand to host a V.I.P. Yet despite the serene grandeur of the surroundings at Blenheim Palace, near Oxford, the continent’s top politicians will meet on Thursday in a mood of heightened anxiety and with a growing urgency to find common cause in an unsettled world. The meeting is the fourth of the European Political Community, the brainchild of the French president, Emmanuel Macron, in 2022, who wanted countries across the continent to work together to confront collective challenges.

Persons: Winston Churchill, King Charles III, Keir Starmer, Donald J, Trump, Emmanuel Macron Organizations: White House, Political Locations: Blenheim, Oxford

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