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☆ N.Y. Democrats, at Odds Over Tenant Protections, Fail to Reach Housing Deal
▼ + stars: | 2023-06-08 | by ( Luis Ferré-Sadurní | ) www.nytimes.com time to read: +1 min

Democratic lawmakers in New York had scrambled this week to assemble a plan to tackle the state’s housing crisis: They said it included measures to protect tenants from eviction and cap rent increases, incentives to remodel empty offices into apartments and an extension of a tax break for developers to build affordable housing. But it all unraveled on Thursday, when Democrats who control the State Legislature and Gov. Kathy Hochul failed to reach a deal, leading to a new round of finger pointing among Democrats in Albany. Lawmakers blamed Ms. Hochul for opposing their housing measures, particularly those to protect tenants, while the governor said lawmakers never presented her with any housing bills to approve. The one unarguable point was that Democrats were bound to finish the 2023 legislative session this week without addressing the state’s housing crisis for the second time this year, despite proclaiming the issue a top priority.

Persons: Kathy Hochul, Hochul Organizations: State Legislature, Gov Locations: New York, Albany

☆ N.Y.C. Jails Chief Is Hiding Dysfunction at Rikers, Federal Monitor Says
▼ + stars: | 2023-06-08 | by ( Hurubie Meko | ) www.nytimes.com time to read: +1 min

A year and a half into Louis A. Molina’s tenure as correction commissioner, the federal monitor overseeing the Rikers Island jail complex on Thursday took direct aim at his leadership, saying that the violence there remains unabated and that officials are hiding information about it. “The commitment to effective collaboration, as evidenced by the department’s recent performance, has deteriorated,” the monitor, Steve J. Martin, wrote in a report filed in federal district court. “The department’s approach to reform has recently become characterized by inaccuracies and a lack of transparency.”“These problems have grave consequences for the prospect of reform and eliminating the imminent risk of harm faced by incarcerated individuals and staff,” he added. A request for comment from the Department of Correction was not immediately answered. The report, the second that the monitor has filed in recent weeks, is the latest in a series of reports, court filings and statements in which those who oversee the jail and groups with vested interests in its improvement have sounded increasingly urgent alarms about the complex.

Persons: Louis A, Steve J, Martin, ” Organizations: Department of Correction

daily record (2003) 35: E.P.A.’s safe daily levels 377: Wednesday in New York City Source: New York City Community Air Survey and New York State Department of Environmental Conservation Data shows hourly concentrations of PM2.5 particles, measured in micrograms per cubic meter, for seven N.Y.C. The air in New York City on Wednesday wasn’t just bad by the city’s standards. It was historically bad, even compared with places around the world that generally experience much more air pollution. Wednesday’s daily average was the highest since recording in New York began in 1999. Wednesday’s pollution, of course, was not caused by a power plant or vehicles, but by major wildfires in Canada, mostly in Quebec.

Persons: San Francisco —, Eric James, James Organizations: New York City, New York City Community Air Survey, New York State Department of Environmental, Records, Protection Agency, state’s Department of Environmental, Environmental Protection Agency, University of Colorado, National Oceanic, Atmospheric Administration, Administration Locations: New York, Portland ,, San Francisco, New York City, Canada, Northern California, Quebec, North America

☆ Wildfire Smoke Envelops the U.S.
▼ + stars: | 2023-06-08 | by ( David Leonhardt | ) www.nytimes.com time to read: +1 min

Residents of the western U.S. and Canada have become grimly accustomed to smoke-clogged air from wildfires during the summer months. This week, the problem has spread to the Midwest and the East Coast. New York City was filled with reddish haze yesterday, with its worst air quality on record. A Broadway matinee was interrupted when its star had difficulty breathing, and some nighttime shows were canceled. The immediate cause is a series of wildfires in Quebec and Ontario, which began burning weeks ago.

Organizations: Midwest, Pro, ” Locations: U.S, Canada, East Coast . New York City, New York, Philadelphia, Binghamton, N.Y, Toronto, Quebec, Ontario, West

☆ A ‘Crown Jewel of Comedy’: The Joan Rivers Card Catalog of Jokes Finds a Home
▼ + stars: | 2023-06-08 | by ( Jason Zinoman | ) www.nytimes.com time to read: +1 min

When Joan Rivers died in 2014, ending one of the greatest careers in modern comedy, several groups were interested in acquiring her archives, which included a meticulously organized collection of 65,000 typewritten jokes. Her daughter, Melissa Rivers, recalled a conversation with a representative from the Smithsonian Institution who wanted the catalog of jokes but said it would not be on permanent display. Her mind instantly went to the final tracking shot of “Raiders of the Lost Ark,” in which the golden Ark of the Covenant is locked inside a crate and placed in a vast warehouse with hundreds of other crates. “I couldn’t do that because so much of who she was is in those files,” Melissa Rivers told me on a video call from Los Angeles. The fact that the jokes will be accessible is only one of the reasons for Melissa Rivers’s decision.

Persons: Joan Rivers, Melissa Rivers, Rivers, George Carlin, Carl Reiner, Melissa Rivers’s Organizations: Smithsonian Institution, “ Raiders, National Comedy Center Locations: Los Angeles, Jamestown, N.Y

☆ They’re Here to Save Indie Media
▼ + stars: | 2023-06-08 | by ( Cara Schacter | ) www.nytimes.com time to read: +1 min

Gutes Guterman sat on an antique French farm bench in Pig Bar, a craft beer shop overlooking the scene-y slice of Lower Manhattan known as Dimes Square. Reaching for a gherkin, her hand in a lacy fingerless glove, she paused to gesture toward the former site of the Drunken Canal newspaper box. “If you know, you know,” she said. It was a cool spring day, and Ms. Guterman, 26, was here to talk about her latest editorial venture: Byline, a website that went live on Thursday. Ms. Guterman and a friend, Claire Banse, started the paper mid-lockdown.

Persons: Gutes Guterman, lacy, ”, Guterman, Claire Banse Organizations: Drunken, “ New Locations: Manhattan, Dimes, Clandestino, Seward, vade

☆ How tech companies are working to help detect AI-generated images
▼ + stars: | 2023-06-08 | by ( Jennifer Korn | ) edition.cnn.com time to read: +10 min

In recent months, an AI-generated image of Pope Francis in a puffer jacket went viral and AI-generated images of former President Donald Trump getting arrested were widely shared, shortly before he was indicted. Some lawmakers are now calling for tech companies to address the problem. Reality Defender and Hive Moderation are working on the former. Other tech companies like Google appear to be pursuing a playbook that pulls a bit from both approaches. “We need everybody to participate.”For now, however, tech companies continue to move forward with pushing more AI tools into the world.

Persons: Jeffrey McGregor, “ We’re, we’re, ”, McGregor, ” McGregor, Pope Francis, Donald Trump, Vera Jourova, –, “, Dall, ChatGPT, ” Hany Farid, ” Farid, Tom Cruise deepfake, ” Ben Colman, Kevin Guo, ” Guo, —, Andy Parsons, Bing, Farid, ” Parsons Organizations: New, New York CNN, Microsoft, ” Tech, European, Google, Meta, Big Tech, Reality, University of California, CNN, Realty, “, Coalition, Adobe, CAI, BBC, Intel, Sony Locations: New York, EU, Berkeley

☆ André Leon Talley’s ‘Sanctuary’ in White Plains, N.Y., Is for Sale
▼ + stars: | 2023-06-07 | by ( Joyce Cohen | ) www.nytimes.com time to read: +1 min

Mr. Talley was the first Black creative director of Vogue Magazine. Mr. Talley didn’t cook, Ms. Thomas said. “I said, ‘You should put stanchions up’” so nobody could sit on it, Ms. Thomas said. Mr. Talley used one of the four bedrooms in the house as a linen closet. “Nobody slept there but me,” Ms. Thomas said.

Persons: Talley, Alexis E, Thomas, Talley didn’t, “, Truman, ‘, ” Ms Organizations: Vogue Magazine, influencers

☆ ‘Never Seen Pizza Boxes at a Wake Before’: Mourning a N.Y. Pizza Legend
▼ + stars: | 2023-06-07 | by ( Christopher Maag | ) www.nytimes.com time to read: +1 min

In the far corner stood Ravenna Wilson, owner of The Native Bread and Pastry in East Williamsburg. Beside her was Justin DeLeon of Apollonia’s Pizzeria on Wilshire Boulevard in Los Angeles, who flew in for Mr. Bellucci’s wake. At the center of the room stood Drew Nieporent, whose list of New York restaurants includes Nobu and Tribeca Grill. Into this assemblage walked Paul Giannone, founder of Paulie Gee’s, a pizza parlor in Greenpoint with locations from Baltimore to Chicago. Scanning the room, his eyes locked on a pair of pizza boxes featuring oversized pictures of the deceased.

Persons: Andrew Bellucci’s, Bellucci, Ravenna Wilson, Justin DeLeon, Bellucci’s, Drew Nieporent, Paul Giannone, Paulie Gee’s Organizations: Mr, Tribeca Locations: Astoria, New York City, Ravenna, East Williamsburg, Wilshire, Los Angeles, New York, Greenpoint, Baltimore, Chicago

☆ Stocks making the biggest moves midday: Affirm, Warner Bros. Discovery, Stitch Fix, Campbell Soup and more
▼ + stars: | 2023-06-07 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Affirm — Shares of the payments company surged 6% after Affirm and Amazon announced a new compatibility feature. Stitch Fix — The stock soared about 32% after the online personalized styling service company reported a narrower-than-expected loss for the fiscal third quarter. Stitch Fix posted a loss of 19 cents per share, compared with the 30-cent loss per share anticipated by analysts, according to Refinitiv. The company reported first-quarter earnings of $1.45 per share, while analysts polled by Refinitiv called for $1.24 per share. Revenue fell short of expectations, however, coming in at $597 million, versus the $602 million estimated by Wall Street.

Persons: Chris Licht, Buster's, Dave, Refinitiv, Morgan Stanley, Rosenblatt, Campbell, Canaccord Genuity, Coinbase, Wood, —, Jesse Pound, Brian Evans, Darla Mercado Organizations: Amazon, Revenue, Warner Bros, Dave, Wall Street, GameStop, FactSet, Petrobras —, StreetAccount, U.S . Securities, Exchange Commission Locations: Refinitiv

☆ Tornados! Fire! Ice Storms! These Real-Estate Agents Risk Life and Limb for the Sale
▼ + stars: | 2023-06-07 | by ( Robyn A. Friedman | ) www.wsj.com time to read: +3 min

Illustration: A Richard AllenWhat is the worst weather you have ever had to contend with while showing a home? I see wall clouds all the time, but for those not familiar with them, it’s a giant tower of clouds, and it’s very dark and ominous-looking, so it can be scary. My buyer, who claimed to have been some sort of weather watcher, started freaking out, saying things like, “That’s a wall cloud! I wouldn’t say this was the worst weather, but it was definitely the weirdest. The sky was red and black, and all we could see was a small circle of light in the sky.

Persons: Richard Allen, Justin Fox, Max, —, hysterically, Victoria Rong Kennedy Organizations: Cottage, Corcoran Group Locations: Cottage Grove, Minn, New York, N.Y, Manhattan

☆ Rigetti Computing founder joins quantum computing-focused venture fund
▼ + stars: | 2023-06-07 | by ( ) www.reuters.com time to read: +1 min

June 7 (Reuters) - Chad Rigetti, the founder of Rigetti Computing (RGTI.O), joined quantum technology-focused fund QDNL Participations as a partner, the venture capital firm said on Wednesday. Rigetti Computing started trading on Nasdaq in March 2022 after a merger with a blank-check company. Rigetti left the quantum computing firm backed by Y Combinator and Andreessen Horowitz late last year. Backed by Europe-based Quantum Delta NL foundation, QDNL Participations is a 15 million euro ($16.02 million) fund for early-stage Dutch quantum technology start-ups. Still, it is uncertain when these machines would be ready despite billions being poured into the technology, with big tech companies such as Alphabet (GOOGL.O), IBM (IBM.N) and Microsoft (MSFT.O) betting on this future computing technology.

Persons: Chad Rigetti, Rigetti, Y Combinator, Andreessen Horowitz, QDNL, Jaspreet Singh, Jane Lanhee Lee, Krishna Chandra Organizations: Rigetti Computing, Nasdaq, Delta, IBM, Microsoft, Thomson Locations: Europe, Bengaluru

☆ Stocks making the biggest moves premarket: Netflix, Tesla, Coinbase, GameStop and more
▼ + stars: | 2023-06-07 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Check out the companies making headlines in premarket trading. GameStop — The meme stock added 2.4% premarket ahead of quarterly results on Wednesday. Petrobras — The Brazilian oil giant rose 2% in premarket trading after Morgan Stanley upgraded the stock to overweight from equal weight. NovoCure — The oncology company added 3.2% before the opening bell. Yext — The online marketing firm soared more than 17% in premarket trading on better-than-expected quarterly results.

Persons: Morgan Stanley, Coinbase, Wood, NovoCure, Yext, CNBC's Hakyung Kim, Jesse Pound, Yun Li Organizations: Netflix, JPMorgan, GameStop, FactSet, Petrobras —, SEC, of Clinical Locations: Krakow, Poland, premarket

☆ OpenAI CEO Sam Altman says there's 'too much of an investor frenzy around AI in the short-term' in Silicon Valley
▼ + stars: | 2023-06-07 | by ( Vishal Persaud | ) www.businessinsider.com time to read: +4 min

Altman said there's too much short-term investor frenzy, and not enough long-term vision. "There's crazy stuff happening in Silicon Valley right now," the OpenAI CEO said. OpenAI CEO Sam Altman thinks there's too much investor hype around artificial intelligence in Silicon Valley right now. When asked about the investor AI frenzy, Altman didn't mince words. Funding to generative AI startups alone has jumped 580% in the past three years, according to PitchBook data.

Persons: Altman, there's, Sam Altman, There's, OpenAI, Andreessen Horowitz, Harvey, Langchain, Paul Graham, Graham, hasn't, Elon Musk, we're Organizations: Morning, Indian, Economic Times, Elon Locations: Silicon Valley, India, Europe, Israel, GPT

☆ Over 300 Cases Tied to Convicted N.Y.P.D. Officers Are Tossed Out
▼ + stars: | 2023-06-06 | by ( Hurubie Meko | ) www.nytimes.com time to read: +1 min

The NewsThe Manhattan district attorney’s office on Tuesday sought the dismissal of 316 convictions tied to a group of New York Police Department officers, sergeants and detectives who have been convicted of crimes related to their work. Hundreds of misdemeanors were thrown out in court on Tuesday, and eight felonies are expected to be tossed Wednesday. The reason was due process violations, according to a statement from the district attorney, Alvin L. Bragg. Eight of the officers who brought the cases have been convicted of charges such as official misconduct, planting drugs, taking bribes, petty theft and lying under oath. A ninth officer, Oscar Sandino, has been convicted of two counts of deprivation of civil rights, a federal misdemeanor, for coerced sexual misconduct against two women in custody.

Persons: Alvin L, Bragg, Oscar Sandino, ” Elizabeth Felber Organizations: New York Police Department, Legal Aid Society Locations: Manhattan

☆ Florentijn Hofman’s ‘Rubber Duck’ returns to Hong Kong — and now there are two
▼ + stars: | 2023-06-06 | by ( Oscar Holland | ) edition.cnn.com time to read: +3 min

CNN —A decade since it famously appeared in Victoria Harbour, Dutch artist Florentijn Hofman’s “Rubber Duck” sculpture has returned to Hong Kong. “Double duck is double luck,” Hofman said in a statement. One of artist Florentijn Hofman's "Rubber Duck" sculptures famously appeared in Hong Kong's Victoria Harbour in 2013. In the years since first arriving in Hong Kong, “Rubber Duck” has appeared in the waters of cities such as Seoul and Los Angeles. Ahead of the installation, images of the pair have been pasted on the side of the city’s trams and at subway stations around Hong Kong.

Persons: Florentijn, peng ”, ” Hofman, . Cheng, Jiang Zemin Organizations: CNN, Ducks, Victoria Harbour, South China Morning, Social Locations: Victoria Harbour, Hong Kong, Tsing, France, Osaka, Sydney, Sao Paolo, Hong, Victoria, South, Weibo, Seoul, Los Angeles, Keelung, Santiago , Chile

☆ Rep. George Santos mystery bail backers' identities must be revealed, judge rules
▼ + stars: | 2023-06-06 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +2 min

Rep. George Santos, R-N.Y., speaks to reporters after a vote to send a resolution to the Ethics panel in an attempt to expel him from the House, on Capitol Hill on Wednesday, May 17, 2023, in Washington, DC. The identities of the three people who guaranteed Rep. George Santos' $500,000 bond in his criminal fraud case must be revealed, a federal magistrate judge ordered Tuesday. But Santos, the embattled freshman Republican lawmaker from New York who was charged last month with an array of financial crimes, has until noon on Friday to appeal the decision, Magistrate Judge Anne Shields ordered. Santos admitted lying about his professional background and education, but he has denied other wrongdoing and pushed back on subsequent damning reporting about his business activities. The judge's decision was filed under seal in order to allow Santos to file his appeal.

Persons: George Santos, Santos, Anne Shields, Joseph Murray, Murray Organizations: Capitol, The New York Times Locations: Washington ,, New York

☆ A Baltimore restaurant was temporarily shut down by city officials after a TikTok showing a 'rodent infestation' went viral
▼ + stars: | 2023-06-05 | by ( Grace Dean | ) www.businessinsider.com time to read: +2 min

A TikToker said she spotted "five, six mice" in the dining room of a restaurant in Baltimore. The city's health department then temporarily closed the restaurant because of a "rodent infestation." The caption on the video reads: "'hey siri: call the health department it's giving infestation." Baltimore City Health Department said that the restaurant had been shut down on Thursday – two days after Lynn's visit – because of a "rodent infestation" and needed to correct the violations and pass a reinspection to reopen. According to a page on the department's website, the restaurant was approved to reopen the next day.

Persons: —, Chloe Lynn, Lynn, siri, Lynn's Organizations: Service, Baltimore, Baltimore City Health Department Locations: Baltimore, Blackwall, Baltimore City

☆ N.Y.P.D. Anti-Crime Units Returning to Illegal Tactics, Report Shows
▼ + stars: | 2023-06-05 | by ( Corey Kilgannon | ) www.nytimes.com time to read: +1 min

The monitor, Mylan L. Denerstein, filed a report in federal court in Manhattan on Monday detailing what she described as unlawful policing. Earlier versions of the units were responsible for a disproportionate number of police shootings, and they were disbanded in 2020. Mr. Adams reinstated and renamed them after he took office last year, but critics were skeptical that they could be run without racially profiling young men of color, as previous units had. Almost all of the stops made by the rebranded “neighborhood safety teams” analyzed in the report — 97 percent — were of Black or Hispanic people, and 24 percent of the stops were unconstitutional. Of 230 car stops included in the sample, only two appear to have turned up weapons, the report said.

Persons: Eric Adams, Denerstein, frisk, Adams Organizations: New York Police, Police Locations: Manhattan

☆ OpenAI CEO Sam Altman is privately reassuring developers using the company's tech that it won't compete with them beyond ChatGPT
▼ + stars: | 2023-06-05 | by ( Melia Russell | ) www.businessinsider.com time to read: +4 min

A blog post detailing Sam Altman's meeting with developers in London reveals some OpenAI secrets. Altman says OpenAI won't release any products beyond ChatGPT that would compete with developers. The original blog post has since been taken down, but that hasn't stopped people from passing around a copy on an internet archiving site. Among other things on the mind of Altman are the worrying lack of GPUs, the specialized computer chips that help power AI software, according to Habib's blog post. It makes a smart writing assistant, powered by OpenAI's large language model, which Jasper customers pay a monthly fee to use.

Persons: Sam Altman's, Altman, OpenAI, Sam Altman, Raza Habib, hasn't, Fortune, Habib, Sam, Jasper Organizations: Morning, Software, Amazon, Services Locations: London, OpenAI

☆ Can Technology Solve the M.T.A.’s Persistent Fare Evasion Problem?
▼ + stars: | 2023-06-05 | by ( Ana Ley | ) www.nytimes.com time to read: +1 min

Many American cities like New York struggle to rein in losses from fare evasion, in part because the cost of penalizing transit users can exceed the amount of money collected from fining them. For New York, police enforcement is “part of the solution in the long run,” Janno Lieber, the authority’s chairman, said during a news conference about the new study. Police officials declared a crackdown on so-called quality-of-life offenses in March 2022, and enforcement rose by about 28 percent to 80,000 fare evasion summonses that year compared with 62,380 in 2021, according to the M.T.A. Arrests and summonses for fare evasion have disproportionately fallen on Black and Latino New Yorkers, giving fuel to critics of the approach. During 2022, they accounted for 73 percent of people arrested and given a summons for fare evasion among all incidents in which race and ethnicity were reported by the police, according to an analysis by Harold Stolper, an economist at Columbia University who studies fare evasion policing patterns in the city.

Persons: ” Janno Lieber, Harold Stolper, ”, Molly Griffard Organizations: Police, Yorkers, Columbia University, Legal Aid Society Locations: New York, San Francisco, Seattle, York, “, New York City

☆ The S&P 500 broke out above a key level. Now what?
▼ + stars: | 2023-06-04 | by ( Krystal Hur | ) edition.cnn.com time to read: +5 min

CNN —The S&P 500 index on Friday closed at its highest level in almost a year. The S&P 500 ended last week up 1.8% at about 4,282, marking its best weekly gain since late March. Now that the index has managed to breach the top level of resistance, that raises the question: Does this rally have legs? An equal-weighted version of the S&P 500 is up only about 1.5% for the year. The good news is that the S&P 500 will likely return to trading within the 3,800 - 4,200 range, meaning any downside — at least in the short term — will likely be limited, according to Turnquist.

Persons: Joe Biden’s, —, José Torres, Adam Turnquist, “ There’s, ”, ” Bitcoin, Saqib Iqbal, ” Iqbal, bitcoin, Iqbal, Smucker Compan, Baker Hughes Organizations: CNN Business, Bell, CNN, Federal Reserve, Interactive, LPL, Treasury Department, Silicon Valley Bank, Signature Bank, Trading.biz

☆ Zapping a rodent's brain can put it into suspended animation. Scientists want to one day use the same technique for humans traveling to Mars.
▼ + stars: | 2023-06-04 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +7 min

The rats' body temperatures also dropped, though to a lesser level, up to 3.57 F (2 C). If they were able to crack the science of suspended animation, it could make space travel safer and cheaper, especially for long-haul flights like the 16-month-long round trip to Mars. A single astronaut eats about 30 kilograms (66 pounds) of food and water a week, but their consumption could drop by 75% in suspended animation, per the BBC. One avenue to induce suspended animation is to cool the body down dramatically. Nevertheless, most of the research into long-ranging suspended animation is still only being done on animals, and we're likely still a long way away from testing it on humans.

Persons: —, Hong Chen, Chen, Yang, Yuan, Nat Metab, John Bradford, Spaceworks, Kaisa, Vyazovskiy Organizations: Service, Privacy, NASA, European Space Agency, ESA, Washington University, BBC, Astronauts, SpaceWorks Enterprises, CNET, University of Oxford Locations: et, Mars, torpor

☆ Fan dies at Argentinian soccer match after falling from stands
▼ + stars: | 2023-06-04 | by ( Matt Foster | ) edition.cnn.com time to read: +1 min

CNN —A soccer fan died on Saturday after falling from a stand during a match at River Plate’s Mas Monumental Stadium in Buenos Aires, Argentina, the club announced. The game, which was being played between River Plate and Defensa y Justicia, was suspended after 26 minutes and the players did not return to the field. Medical teams arrived “immediately” at the incident, as did police and security teams, according to the club. In a statement posted to its website on Saturday, River Plate said, “During the match tonight against Defensa y Justicia, a fan fell from the Sivori Alta stand and died in the act. River Plate also announced a day of mourning on Sunday during which the club flag will fly at half-staff, and expressed its condolences to the family and loved ones of the supporter.

Persons: “, Dr Celsa Ramírez Organizations: CNN, Medical Locations: Buenos Aires, Argentina, Justicia, Alta

☆ Slower US job, wage gains expected in May
▼ + stars: | 2023-06-02 | by ( Lucia Mutikani | ) www.reuters.com time to read: +5 min

Nevertheless, the Labor Department's closely watched employment report on Friday is expected to still show the labor market remaining tight. PROGRESS ON INFLATIONBut the overall labor market remains upbeat, with first time applications for state unemployment benefits hovering at very low levels. Slowing wage inflation is corroborated by other measures like the Atlanta Fed's wage tracker, which has come off its peaks. Financial markets see a nearly 70% chance of the Fed keeping its policy rate unchanged at its June 13-14 meeting, according to CME Group's FedWatch Tool. The Labor Department's Bureau of Labor Statistics, which compiles the employment report, did not record the work stoppage in its May strike report.

Persons: Bill Adams, Brian Bethune, Nancy Vanden Houten, Lucia Mutikani, Chizu Organizations: Federal Reserve, Labor, Comerica Bank, Data, Labor Department, Atlanta, Boston College, Fed, Writers Guild of America, Labor Department's Bureau of Labor Statistics, Oxford Economics, Thomson Locations: y WASHINGTON, Dallas, New York

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