Friday, July 7, 2023

Jul 8, 2023 - Gunman in El Paso Mass Shooting Sentenced for Federal Hate Crimes

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TradeBriefs Editorial

From the Editor's Desk

AI likely to spell end of traditional school classroom, leading expert says

Exclusive: Prof Stuart Russell says technology could result in ‘fewer teachers being employed – possibly even none’

Recent advances in AI are likely to spell the end of the traditional school classroom, one of the world’s leading experts on AI has predicted.

Continued here


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Gunman in El Paso Mass Shooting Sentenced for Federal Hate Crimes    
Gunman in El Paso Mass Shooting Sentenced for Federal Hate Crimes
Edgar Sandoval is a reporter with the National desk, where he writes about South Texas people and places. Previously he was a newspaper reporter in Los Angeles, Pennsylvania and Florida. He is the author of “The New Face of Small Town America.” More about Edgar Sandoval


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Millennials Face Record $4 Trillion Debt Crisis — They're Struggling to Build Wealth, Homeownership And Retirement Savings    
Millennials Face Record $4 Trillion Debt Crisis — They're Struggling to Build Wealth, Homeownership And Retirement Savings
Gamers are selling their old gaming items for millions. Learn why everyday gamers and investors are claiming a stake in their side hustle and how they invested over $1.2 million in this startup.


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The US stock rally has no fundamentals and Fed rate hikes will 'break the back' of something in markets, top economist David Rosenberg says    
The US stock rally has no fundamentals and Fed rate hikes will 'break the back' of something in markets, top economist David Rosenberg says
\"I don\'t think this Fed has confidence in its forecast or confidence in its models. It is basically telling us that it is data-dependent. But I\'ve never seen a central bank so focused on the data that are inherently contemporaneous and lagging,\" Rosenberg said.


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Mercedes Benz becomes the latest automaker to adopt Tesla's EV charger    
Mercedes Benz becomes the latest automaker to adopt Tesla's EV charger
17,500: Number of Tesla-operated high-speed EV supercharger stations—chargers that can add approximately 200 miles of range in just 20 minutes—in the US. There are an estimated 10,000 additional stations that can recharge Teslas at a slower speed.


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June jobs report: The US labor market keeps chugging along with lower unemployment    
June jobs report: The US labor market keeps chugging along with lower unemployment
“Where the fiscal response to the 2008 recession looks increasingly insufficient, the fiscal response to the pandemic seems to have jump-started firms’ beliefs about expected demand, and thus their attitude towards further capital investment,” he said.


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Looming UPS Strike Spurs Some Companies to Rethink Supply Chains    
Looming UPS Strike Spurs Some Companies to Rethink Supply Chains
Jordyn Holman is a business reporter covering retail for The Times. She previously worked at Bloomberg News, where she covered retail and diversity in corporate America. More about Jordyn Holman













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Millions Danced Joyfully to Her Song. She Drew on Her Pain to Write It.    
Millions Danced Joyfully to Her Song. She Drew on Her Pain to Write It.
Lynsey Chutel covers Southern Africa from the Johannesburg bureau and also writes about Africa for The Times\'s international morning newsletters. She previously worked for Foreign Policy, Quartz and the Associated Press. More about Lynsey Chutel


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As Ukraine battles on around Bakhmut, some are asking why.    
As Ukraine battles on around Bakhmut, some are asking why.
Berlin’s approach faces resistance from France and Italy in particular, which are keen to promote their own defense industries and develop systems that will help to wean Europe off dependence on the United States. Those arguments do not weigh immediately on Switzerland, which chose to upgrade its air force buying Lockheed-Martin F-35s in preference to rival European fighters and is also purchasing the United States’ Patriot missile system.


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The US Will Provide Cluster Bombs To Ukraine And Defends The Delivery Of The Controversial Weapon    
The US Will Provide Cluster Bombs To Ukraine And Defends The Delivery Of The Controversial Weapon
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SEC seeks rule change that could cause fund managers to take less risk    
SEC seeks rule change that could cause fund managers to take less risk
If it passes in its current form, critics say the reforms would most certainly affect the risk tolerance among private funds, who would need to tread much more carefully in making investment decisions. 


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3 things that could still go wrong for the U.S. economy, Bank of America’s chief economist says    
3 things that could still go wrong for the U.S. economy, Bank of America’s chief economist says
© 2023 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information | Ad Choices FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions.


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Levi Strauss slashes guidance and warns 'the American consumer is under pressure'    
Levi Strauss slashes guidance and warns 'the American consumer is under pressure'
© 2023 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information | Ad Choices FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions.


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Andy Murray suggests loss to Tsitsipas may be his last Wimbledon match    
Andy Murray suggests loss to Tsitsipas may be his last Wimbledon match
There were also disappointment for Cameron Norrie, the British No 1 and 12th seed, who was knocked out of the second round by American Christopher Eubanks, and Liam Broady, who was defeated by Denis Shapovalov in the third round.


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'Terrible mistake': human rights groups decry sending cluster bombs to Ukraine    
'Terrible mistake': human rights groups decry sending cluster bombs to Ukraine
He added: "Ukraine is committed to post-conflict de-mining efforts to mitigate any potential harm to civilians and this will be necessary regardless of whether the United States provides these munitions or not, because of Russia's widespread use of cluster munitions."


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Keep on Buying These EV Stocks, Says Analyst, Forecasting Over 60% Upside    
Keep on Buying These EV Stocks, Says Analyst, Forecasting Over 60% Upside
Disclaimer: The opinions expressed in this article are solely those of the featured analysts. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.


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Why fast-food franchisees could be the next cohort to leave California    
Why fast-food franchisees could be the next cohort to leave California
More from Fortune: 5 side hustles where you may earn over $20,000 per year—all while working from homeLooking to make extra cash? This CD has a 5.15% APY right nowBuying a house? Here\'s how much to saveThis is how much money you need to earn annually to comfortably buy a $600,000 home


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Don’t Cling to Cash. Check Out These Other Low-Risk Income Investments.    
Don’t Cling to Cash. Check Out These Other Low-Risk Income Investments.
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Rivian's Winning Streak Marches On. The EV Maker Is Finally on the Right Track.     
Rivian's Winning Streak Marches On. The EV Maker Is Finally on the Right Track.
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.


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Seeking at Least 7% Dividend Yield? Analysts Suggest 2 Dividend Stocks to Buy    
Seeking at Least 7% Dividend Yield? Analysts Suggest 2 Dividend Stocks to Buy
Disclaimer: The opinions expressed in this article are solely those of the featured analysts. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.


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Hotel REIT Says It Will ‘Likely’ Return 19 Properties to Lenders    
Hotel REIT Says It Will ‘Likely’ Return 19 Properties to Lenders
Most of the hotels Ashford Trust expects to return to lenders “are located in markets that have experienced significant headwinds throughout their post-pandemic recoveries, and a number of these markets are not forecasted to reach pre-pandemic topline levels until 2025 or 2026,” Ashford Trust said in the statement.


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Billionaire investor Leon Cooperman sounds the alarm on Nvidia stock - and warns a recession may hit next year    
Billionaire investor Leon Cooperman sounds the alarm on Nvidia stock - and warns a recession may hit next year
He cautioned the enthusiasm wouldn\'t last, and predicted the S&P 500 wouldn\'t surpass its January 2022 high of about 4,800 points for several years. However, he noted there are still plenty of undervalued stocks on the market today, paving the way for bargain hunters to score outsized returns.


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Can I Retire Comfortably With $1.5 Million at 45?    
Can I Retire Comfortably With $1.5 Million at 45?
Social Security benefits alone won’t be able to support your current lifestyle. However, they can certainly help with your living expenses in retirement. Try our Social Security calculator to see how much of a benefit you can expect.


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Rivian's stock rallies to highest in 2023 after posting strong deliveries    
Rivian's stock rallies to highest in 2023 after posting strong deliveries
Rivian\'s shares soared to an intraday record high of around $179 days after the company\'s blockbuster initial public offering in November 2021, but they have sputtered as it has struggled to deliver its electric vehicles including the R1T pickup trucks and R1S SUVs.


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Zillow and Redfin gave up on flipping homes. Opendoor CEO Carrie Wheeler is committed to the model: ‘Nothing about our mission has changed’    
Zillow and Redfin gave up on flipping homes. Opendoor CEO Carrie Wheeler is committed to the model: ‘Nothing about our mission has changed’
More from Fortune: 5 side hustles where you may earn over $20,000 per year—all while working from homeLooking to make extra cash? This CD has a 5.15% APY right nowBuying a house? Here\'s how much to saveThis is how much money you need to earn annually to comfortably buy a $600,000 home 


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Nikola still trying to raise share count but proxies may not be needed    
Nikola still trying to raise share count but proxies may not be needed
Nikola has enough votes to pass the share increase proposal under the lower threshold. The company has used a proxy solicitation firm in the past to seek additional proxies. It no longer needs to do that if Carney signs the legislation.


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Ford Falls Behind In The EV Race    
Ford Falls Behind In The EV Race
Andrew Frick, Ford vice president of sales, distribution and trucks noted that the revamping already improved sales of this EV with a 110% rise in June. But EVs still make only 2.8% of Blue Oval’s total sales, followed by hybrids that made 6.5% of quarterly sales and the majority or more precisely, 91% of sales being from internal combustion engines.


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3 Savings Accounts That Could Actually Bank You Some Serious Bucks    
3 Savings Accounts That Could Actually Bank You Some Serious Bucks
A financial advisor can help you work through your banking needs and put together a plan that works for your unique situation. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.


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Stock Market Short Sellers That Helped Fuel This Year’s Rally Are Finally Giving Up    
Stock Market Short Sellers That Helped Fuel This Year’s Rally Are Finally Giving Up
“At the index level we went from deeply bearish sentiment in the fall to the other extreme right now especially in tech. I don’t think it’s fair to say that’s true for every sector,” he said. “It’s really been a tale of two markets with tech and the overall market rerating higher year-to-date while cyclicals have derated around the recession theme. You need to see some participation outside of technology if stocks are going to continue to move higher.”


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