Climate crisis: average world incomes to drop by nearly a fifth by 2050
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The average price of EVs is dropping—here’s how much
Tesla contributed to the drop as it cut prices in the last year, but overall, lower EV prices have not yet generated appreciably higher sales volume.MarketWatch - Business -
Fixed income should have more love in a ‘higher and hold’ world
The prospects for returns are much brighter, with bond yields at the highest levels since the global financial crisisFinancial Times - World -
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We'll need universal basic income - AI 'godfather'
Geoffrey Hinton, known as the godfather of AI, said the technology could leave many without jobs.BBC News - Top stories -
Chelsea thrash Man Utd to win fifth successive WSL title
Watch highlights as Chelsea secure a fifth successive Women's Super League title by thrashing Manchester United at Old Trafford in Emma Hayes' final game in charge.BBC News - Top stories - Premier League -
Dow Jones Industrial Average Tops 40000 for the First Time
The recession that so many economists anticipated has remained out of sight, giving investors hope that stocks can keep climbing.The Wall Street Journal - World -
Inside the museums averaging fewer than one visitor a day
What is it like for the volunteers who keep England's smallest attractions going?BBC News - Top stories -
Cost of diabetes, obesity drugs often out of reach for low-income patients
While it may seem like everyone is taking Ozempic, not everyone can afford to. The high price of popular diabetes drugs prevents many people from getting them.CBS News - Top stories -
High cost of drugs like Ozempic a struggle for lower-income patients
Rising prices, insurance hurdles and a supply shortage can make access difficult for people who rely on drugs like Ozempic for diabetes and obesity, especially low-income patients. Renu Rayasam, senior correspondent with KFF Health News, joined ...CBS News - Top stories -
Macy’s Reports Another Drop in Sales but Sees ‘Traction’ in Turnaround
The largest department store chain in the United States has not reported an increase in comparable-store sales since early 2022.The New York Times - Business -
The Kind of Climate Models That Insurers Need
Economics can help with a joined-up understanding of climate risks as the insurance industry reinvents itself.The Wall Street Journal - World - Climate -
Hurricane Katrina victim identified nearly 2 decades after deadly storm
Forensic tests allowed Mississippi authorities to identify the remains of a woman killed almost two decades ago in Hurricane Katrina.CBS News - Top stories -
Nearly 900K Yogi tea bags recalled for excessive pesticide residue
Nearly 900,000 Yogi tea bags have been recalled after excessive levels of pesticide residues were detected, according to details posted by the U.S. Food and Drug Administration.The Hill - Politics -
Cargo ship to be refloated nearly two months after Baltimore bridge collapse
A major operation is underway to refloat the Dali cargo ship that crashed into a Baltimore bridge and move it away from the wreckage site. The ship crashed into the Francis Scott Key Bridge nearly two months ago.CBS News - Top stories -
Nearly 4,000 convicted of Covid rule breaches in England since curbs ended
Calls for amnesty intensify as total guilty verdicts over pandemic regulations in England top 27,000Financial Times - Business - Covid -
WATCH: Rafael Devers slugs home run for fifth straight game, tying Red Sox franchise history
The MLB record for consecutive games with a home run is eightCBS Sports - Sports - MLB -
Indy 500 qualifying: Scott McLaughlin on pole as Penske sweeps front row; Kyle Larson fifth
Through three qualifying sessions Sunday, the 33-car field will be set for the 108th running of the Indianapolis 500.Yahoo Sports - Sports -
India votes in fifth phase of election including in city where PM opened controversial Hindu temple
Millions of Indians across 49 constituencies are casting ballots as the country’s six-week-long election enters its final stagesABC News - World - India -
Nuggets are fifth straight NBA champ to falter in quest to repeat but maintain high hopes for future
Denver coach Michael Malone first broached the subject with his team in training camp, reminding them no NBA champion had won back-to-back titles since the Golden State Warriors did it in 2018ABC News - Sports - NBA -
In the shadow of the college protests is a generation’s collective identity crisis
The West is struggling with a collective identity crisis.The Hill - Politics -
The crisis of confidence in higher education will not end with the student protests
Even as student protesters take down their encampments and go home for the summer, colleges and universities are left with much work to do if they are to regain the public’s trust in higher education.The Hill - Politics -
Average consumer carries $6,218 in credit card debt, as more borrowers are falling behind on their payments
Americans are increasingly falling behind on their credit card payments, recent reports show.CNBC - Business -
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Amazon CEO Andy Jassy Says This Is the No. 1 Difference Between People With Average Careers and Super Successful Ones
Jassy's early career was unexceptional. This is the skill he says allows normal folks to achieve incredible things.Inc. - Business -
Under Armour to Slash Jobs, Warns of Revenue Drop
CEO Kevin Plank said the sportswear brand has tried to do “too much of too much” and will focus on selling fewer products on discounts.The Wall Street Journal - World -
Under Armour to Slash Jobs, Warns of Revenue Drop
CEO Kevin Plank said the sportswear brand has tried to do “too much of too much” and will focus on selling fewer products on discounts.The Wall Street Journal - Business -
Downtown Restaurant Spending Drops in Weekday Lunch Crunch
Data frompayment companySquare showrestaurants in business districtsare losing middaybusiness to inflation and hybrid work policies, but many customers nowspendmore on weekends and at happy hour.Inc. - Business -
Mbappé's mum drops Madrid hint at farewell bash
Kylian Mbappé organised a party on Monday to mark his farewell from Paris Saint-Germain, during which his mother and agent, Fayza Lamari, hinted he will join Real Madrid this summer.ESPN - Sports -
Walmart surges to all-time high as earnings beat on high-income shopper, e-commerce gains
Walmart, the nation's largest retailer and private employer, is often seen as a bellwether for the U.S. economy and saw sales jump 6% in the quarter.CNBC - Business -
Lionel Messi’s $20.4m Inter Miami income exceeds payrolls of all but four MLS teams
Miami lead MLS in payroll with $41.7 on salariesArgentinian also has estimated endorsements of $70mLionel Messi’s annualized pay from his MLS contract with Inter Miami is just over $20.4m in his first full season, exceeding the payrolls of all but ...The Guardian - World - MLS -
Activists sue Russia over ‘weak’ climate policy
Russian constitutional court is considering claim, which activists hope will raise awareness about emissions. A group of activists are fighting for the right to scrutinise Russia’s climate policies, and in particular its enormous methane ...The Guardian - World - Climate -
Cop29 at a crossroads in Azerbaijan with focus on climate finance
Fossil-fuel dependent country hopes to provide bridge between wealthy global north and poor south at November gathering. Oil is inescapable in Baku, the capital of Azerbaijan. The smell of it greets the visitor on arrival and from the shores of ...The Guardian - World - Climate -
Thunderstorms, Wind and Climate Change: Here’s What to Know
Scientists say storms like those that battered Houston could become more intense as the planet warms, though pinning down trends is still challenging.The New York Times - World - Climate -
Climate activists protest by glueing themselves at Munich airport
Six climate activists have broken through a security fence at Munich airport and glued themselves to access routes leading to runways, temporarily shutting down flightsABC News - World - Climate -
Pope Francis: "Climate change at this moment is a road to death"
Pope Francis has often spoken up about the alarming impact of climate change and urges countries that can "make the most difference" to help create awareness and take action.CBS News - Top stories -
Pope Francis calls climate change "a road to death"
In a historic interview that aired in part on "60 Minutes," Pope Francis sat down with "CBS Evening News" anchor and managing editor Norah O'Donnell to discuss a range of issues, including his views on the war in Gaza, migrants and same-sex ...CBS News - Top stories - Climate -
Pope Francis calls climate change 'a road to death'
Pope Francis remarked that climate change is "a road to death" and has gotten to a "point of no return" during an interview aired Monday evening. “Unfortunately, we have gotten to a point of no return. It's sad, but that's what it is. Global ...The Hill - Politics - Climate -
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How a Personal Crisis Changed Zola's Shan-Lyn Ma as a Leader
The founder reframed her leadership goals after surviving a serious car accident.Inc. - Business