States across the Southeastern U.S. started a massive cleanup and recovery effort on Sunday after winds, rain and storm surges from Hurricane Helene knocked out power for millions, destroyed roads and bridges, and caused catastrophic flooding from Florida to Virginia.The death toll continues to climb as emergency responses continue in South Carolina, Florida, Georgia, North Carolina and Virginia. The storm killed at least 69 people, according to a Reuters tally of state and local officials. Officials feared still more bodies would be discovered.Damage estimates ranged from $15 billion to more than $100 billion, insurers and forecasters said over the weekend.…
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California Governor Gavin Newsom speaks to the press ahead of the presidential debate between US Vice President and Democratic presidential candidate Kamala Harris and former US President and Republican presidential candidate Donald Trump at the National Constitution Center in Philadelphia, Pennsylvania, on September 10, 2024. Matthew Hatcher | Afp | Getty ImagesCalifornia Gov. Gavin Newsom on Sunday vetoed a hotly contested artificial intelligence safety bill, after the tech industry raised objections, saying it could drive AI companies from the state and hinder innovation.Newsom said he had asked leading experts on Generative AI to help California “develop workable guardrails” that focus “on developing…
And now, 20 thoughts from college football’s Week 5, where, if you blinked, you missed a 75-yard touchdown.1. I keep waiting for college football to go the way of BlackBerry and Blockbuster as so many have predicted. But this weird thing keeps happening. When these teams full of amazing athletes step onto the field and play each other, it’s as if they don’t realize NIL deals and a bigger College Football Playoff are ruining the sport.Instead, they give us classics like No. 4 Alabama 41, No. 2 Georgia 34.2. Few could have seen Kirby Smart’s Bulldogs, winners of 42 consecutive…
Cranes stand over shipping containers at Port Newark on March 26, 2024.Spencer Platt | Getty ImagesA port strike on the U.S. East Coast and Gulf of Mexico will go ahead starting on Tuesday, the International Longshoremen’s Association union said on Sunday, signaling action that could cause delays and snarl supply chains.”United States Maritime Alliance … refuses to address a half-century of wage subjugation,” the union said in a statement. The United States Maritime Alliance, known as USMX, represents employers of the East and Gulf Coast longshore industry.If union members walk off the job at ports stretching from Maine to Texas,…
China’s surging stock market after the government outlined plans to boost the economy has suddenly tipped hedge funds and strategists to what would have recently been seen as one of the most contrarian trades around. The CSI 300, an index of stocks traded in Shanghai and Shenzhen, rallied more than 15% last week, its best week since 2008 . Earlier this year, the CSI 300 fell to six-year-lows. “There is no question that shares of quality businesses will bottom well ahead of final index bottoms,” a team led by JPMorgan chief China equity strategist Wendy Liu wrote in a report…
NEW YORK — As a two-strike fastball from Paul Skenes whizzed toward him, New York Yankees slugger Juan Soto read it as a ball and began backing off the plate. At a time when almost anything is debatable, there’s an overwhelming consensus that Soto has the best eye of any batter in baseball. This time, he had been duped. Soto jerked his front elbow out of harm’s way. But the Pittsburgh Pirates’ rookie phenom had painted a 100 mph heater on the black.Skenes struck out three in an abbreviated start Saturday, and each was its own chef’s kiss. Seeing Soto…
U.S. President Joe Biden gestures as he arrives to Dover Air Force Base in Dover, Delaware, U.S., September 27, 2024. Elizabeth Frantz | ReutersU.S. President Joe Biden said on Sunday he did not intend to intervene to prevent a port strike on the East Coast and Gulf of Mexico if dock workers failed to secure a new contract by an Oct. 1 deadline.”It’s collective bargaining. I don’t believe in Taft-Hartley,” he told reporters.Presidents can intervene in labor disputes that threaten national security or safety by imposing an 80-day cooling-off period under the federal Taft-Hartley Act. Source link
INDIANAPOLIS – At Friday’s news conference following the conclusion of the Indiana Fever’s season, rookie Caitlin Clark and head coach Christie Sides condemned the racist rhetoric many WNBA players said they’ve experienced this season.“Nobody in our league should be facing any sort of racism, hurtful, disrespectful (or) hateful comments and threats,” Clark said. “Those aren’t fans. Those are trolls, and it’s a real disservice to the people in our league, the organization, the WNBA.”The online targeting of WNBA players appears to have reached a tipping point during the postseason. After the Connecticut Sun eliminated the Fever in the first round…
Mark Cuban and Elon Musk.Getty ImagesBillionaire investor Mark Cuban cautioned Tesla CEO Elon Musk on Sunday against forming an alliance with former President Donald Trump, because, he said, the Republican presidential nominee may not ultimately repay his political debts.”Elon, there will come a time when you need something from Donald Trump,” Cuban wrote in an X post to his fellow billionaire. “You will think you will have earned the right to ask and receive. You have been a loyal, faithful soldier for him.””At the point you need him the most,” Cuban continued. “You will find out what so many before…
Many Americans believe they need to earn a certain dollar amount to feel rich.But even if they hit that goal or surpass it, they may be disappointed to find out they still don’t feel satisfied with their finances, says Charles Chaffin, co-founder of the Financial Psychology Institute and a professor at Iowa State University.”The misconception is that there’s an actual number and when people hit that number, they’ll suddenly feel wealthy,” he tells CNBC Make It. “Wealth is a subjective experience and is more than just how much money you have.”In fact, even millionaires don’t always feel well off financially,…
