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ECB's Schnabel Says Second Rate Cut in July 'Does Not Seem Warranted'
The European Central Bank should move cautiously after delivering a first rate cut in June, a member of its executive board said in an interview.The Wall Street Journal - World -
The Morning Risk Report
U.S. blocks imports from 26 more Chinese companies over forced labor concerns, and the U.S. pitches deal to ease sanctions on Israeli businessman in a quest for metals. Also, Microsoft asks hundreds of China-based AI staff to consider relocating ...The Wall Street Journal - World -
Are the Risks of Marijuana Overhyped or Undersold?
‘The psychiatric hospitals I oversee are consistently occupied by patients suffering from complications due to cannabis.’The Wall Street Journal - World -
Britain risks throttling a golden goose
By restricting student visas, the UK is endangering its world-class university sectorFinancial Times - World - United Kingdom -
Agents of manipulation (the real AI risk)
Artificial agents will make our lives better. At the same time, these superpowers could easily be deployed as agents of manipulation.VentureBeat - Tech -
Poland puts judge who defected to Belarus on wanted list, opening way to international warrant
Poland's prosecutors say they have put a controversial judge who fled to autocratic Belarus on a wanted list, a step toward entering him on an international arrest warrant on espionege allegationsABC News - World -
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Desperate Biden must debate to win — but there are risks
Trump’s campaign has to guard against dirty tricks.The Hill - Politics - Joe Biden -
Steelmakers warn ministers that UK faces dumping risk
Plans to bring in carbon tax a year after EU will see shipments ‘diverted’ to Britain, industry saysFinancial Times - World - United Kingdom -
Why an uncertain world needs to take on more risk
Scarring from a series of shocks generates a defensive mindset that is holding back growthFinancial Times - World -
Justice Department formally moves to reclassify marijuana as a less dangerous drug in a historic shift in US drug policy
Justice Department formally moves to reclassify marijuana as a less dangerous drug in a historic shift in US drug policyABC News - Health -
Roche says weight loss drug shows promising results in early trial
The weekly injection helped patients with obesity lose 18.8% of their weight relative to those who received a placebo, after 24 weeks in the phase one trial.CNBC - Business -
The U.S. Is Making Marijuana a Schedule III Drug. Here’s What That Means.
A new federal rule would reclassify marijuana as a less-dangerous, Schedule III drug. It’s a significant shift, even as it does not legalize the drug.The New York Times - Top stories -
FDA Approves Amgen Drug for Persistently Deadly Form of Lung Cancer
The treatment is for patients with small cell lung cancer, which afflicts about 35,000 people in the U.S. a year.The New York Times - Science - FDA -
Potential new drug for menopause shows promise, study shows
In clinical trials, a new drug showed promising results in controlling hot flashes associated with menopause and in improving sleep and overall quality of life. Some who took part in trials of the drug reported life-changing results. NBC News' ...NBC News - Top stories -
Roche Climbs After Weight-Loss Drug Shows Efficacy
Roche Holding said its weight-loss drug candidate achieved positive results in an early-stage trial, giving the company a boost in its bid to catch up to Novo Nordisk and Eli Lilly in a class of medicines that has shaken up everything from pharma ...The Wall Street Journal - Business -
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Record number of U.S. workers cheating on drug tests, Quest Diagnostics finds
Quest Diagnostics says a record number U.S. workers are cheating employer drug tests with urine samples and other tests showing signs of tampering, six times more often in 2023 than the year before. CBS News MoneyWatch reporter Megan Cerullo ...CBS News - Top stories -
Trump demands drug test for Biden ahead of first debate
Former President Trump said he wants President Biden to be drug-tested before their first debate. “I'm gonna demand a drug test too, by the way,” Trump said at the Minnesota Republican Party’s Lincoln Reagan Dinner Friday. “I am, no I really am. I ...The Hill - Politics - Joe Biden -
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Marijuana may soon be a Schedule III drug: What will change?
The Justice Department took a major step this week, formally moving to reclassify marijuana as a less dangerous drug. The process isn't finalized yet, but if approved, the plan would drop marijuana from a Schedule I drug to a Schedule III.The Hill - Politics -
As Teen Employee Numbers Rise, So Do Risks of Harassment on the Job
The throng of Gen Z youth new to the workplace face increased risks of sexual harassment at work--a crime officials and prosecutors are warning employers to address.Inc. - Business -
High debt levels put Europe at risk of ‘adverse shocks’, ECB warns
‘Fiscal slippage’ leaves countries vulnerable to geopolitical tensions and higher interest rates, says central bankFinancial Times - World -
Meta Faces EU Investigation Over Child Safety Risks
The Digital Services Act, which became active last year,requires social media platforms to work harder to prevent dangerous and illegal content from reaching younger users.Inc. - Business - European Union -
Older Frigidaire and Kenmore ranges pose risk of fires, maker warns
The manufacturer has received multiple reports of fires and injuries since the ranges were originally recalled more than a decade ago.CBS News - Top stories -
OpenAI’s Long-Term AI Risk Team Has Disbanded
The entire OpenAI team focused on the existential dangers of AI has either resigned or been absorbed into other research groups, WIRED has confirmed.Wired - Tech -
If you’re a woman, this one food slashes your dementia risk by a third
If you’re female and want to avoid dementia, stock up on this.MarketWatch - Business -
U.S. and Iranian Officials Held Indirect Talks in Oman on Risks of a Wider War
The talks were the first since Iran attacked Israel last month in retaliation for its killing of an Iranian general.The New York Times - World -
Companies are trying to attract more smartphone users across Africa. But there are risks
Internet-enabled phones can play a unique role in sub-Saharan Africa, where infrastructure and public services are among the world’s least developedABC News - Tech -
Stocks may rise into the summer. These 3 risks could derail the rally.
Given how stocks have reacted to the latest flurry of mixed economic data, a summertime rally feels almost inevitable. Still, investors would be remiss not to consider the myriad risks that could possibly derail it.MarketWatch - Business -
Justice Department formally moves to reclassify marijuana as a less dangerous drug in historic shift
The Justice Department has formally moved to reclassify marijuana as a less dangerous drug, a historic shift in generations of U.S. drug policyABC News - Health -
Drones smuggled drugs across Niagara River from Canada, 3 suspects caught in NY
Authorities say a smuggling operation used drones to fly drugs across the Niagara River from Canada into upstate New YorkABC News - Tech -
New menopause drugs treat hot flashes, but women may face insurance hurdles
New drugs to treat debilitating menopause symptoms — namely hot flashes — are finally on the market or are in development.NBC News - Top stories -
Formal Move to Reclassify Marijuana as a Less Dangerous Drug Marks Huge Policy Shift
As the Justice Department acts, major marijuana company stocks continue to rebound.Inc. - Business -
ADHD drug shortage shows signs of letting up, but some patients still struggle
ADHD medication shortages have largely been resolved, says the FDA. However, some doctors and patients still report difficulties in obtaining prescriptions.NBC News - Top stories -
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The gonzo trans Mexican drug lord musical 'Emilia Perez' lights up Cannes
On paper, Jacques Audiard’s buzzed-about Cannes Film Festival entry “Emilia Perez” would not seem anything like a good idea for a movieABC News - Entertainment -
Markets underestimate geopolitical risk as raft of elections looms, ECB's De Guindos says
The European Central Bank's Financial Stability Report said that interest rate expectations have created the "potential for outsized market reactions."CNBC - Business -
One Tech Tip: Protecting your car from the growing risk of keyless vehicle thefts
Auto technology has evolvedABC News - Tech -
Beware the Biden factor, Keir Starmer: you can govern well and still risk losing the country | Jonathan Freedland
Politics is about achieving things and telling a compelling story. But neither the president – nor Starmer – can match Trump’s gift for narrative. The smile was the giveaway. Asked whether he was “just a copycat” of Tony Blair at the launch of his ...The Guardian - World - Joe Biden