How this city turned its scorching heat into a tourism draw
Arizona’s Scottsdale is leaning in to the very thing that might deter summer vacationers, while adapting events to high temperatures.
The Washington Post
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Stock markets are reeling, but economists say don’t panic yet
U.S. stock markets plummeted Monday, with two major indexes racking up their worst day of trading in almost two years.
Teenager sues Meta over ‘addictive’ Instagram features
The legal action adds to a growing swarm of suits against the company from state attorneys general and school districts aiming to tie America’s teen mental health crisis to social media.
Chipmaker Intel, eyed for billions in U.S. grants, set to fire 15,000 workers
The layoffs are a troubling sign for the Biden administration’s multibillion-dollar plan to rebuild the U.S. chip manufacturing industry.
Biden seeks to defend legacy in address about his campaign exit
President Joe Biden delivered a somber, reflective speech from the Oval Office on Wednesday evening in his first remarks to the nation since his monumental decision to end both his reelection campaign and political career.
Big Tech says AI is booming, but Wall Street is starting to see a bubble
A growing number of Wall Street analysts and tech investors are beginning to sound the alarm about the immense amount of money that is being poured into artificial intelligence by Big Tech companies, stock market investors and venture-capital firms.
Harris heads to Wisconsin and Indiana, powered by endorsements, money and delegates
Vice President Kamala Harris is scheduled to be in Indianapolis on Wednesday to speak at the annual convention for the historically Black sorority Zeta Phi Beta.
Delta cancels 600 more flights as it struggles to recover from tech outage
The technical issues stem from an update issued for systems that run on Microsoft Windows by the security firm CrowdStrike, whose software is widely used by businesses seeking to defend themselves against hackers.
Democrats scramble to endorse Harris, forestall nomination fight
Vice President Kamala Harris will have huge financial and political advantages as she works to secure the Democratic nomination. But she still has hurdles to overcome before the Democratic National Convention in Chicago next month.
Kamala Harris’s life, career and firsts from California AG to the vice presidency
Harris is the first woman, first Black person and first Asian American to ascend to the vice presidency. Now, President Joe Biden’s endorsement could give her a chance to become the first female president.
Federal appeals court blocks remainder of Biden’s student loan relief plan
The ruling comes the same day that the Biden administration announced another round of student loan relief, this time totaling $1.2 billion in forgiveness for roughly 35,000 borrowers who are eligible for the Public Service Loan Forgiveness program.
Online vendors already cashing in on Trump assassination attempt
Retailers and conservative supporters have commodified the assassination attempt on Donald Trump at lightning speed, with products from T-shirts to trading cards bearing images of the former president—fist raised and bleeding at his Pennsylvania campaign rally—flooding the internet.
Biden to unveil plan to cap rents as GOP convention begins
The plan is likely to prove controversial among economists, including many Democrats. Experts on both sides of the aisle tend to argue that government limits on rent discourage new development by making it less lucrative.
Food companies feel the pain as consumers reject higher prices
PepsiCo’s and Conagra’s latest quarterly results suggest that consumers frustrated by rising prices are now spending less on established brands, particularly in the snack and soda aisles.
Microsoft, Apple will not join OpenAI’s board as regulatory scrutiny grows
In January, the Federal Trade Commission said it would look into whether the investments and partnerships between AI companies and Big Tech are stifling true competition.
Fifth Third Bank to pay $5M to settle auto insurance allegations
Consumer Financial Protection Bureau Director Rohit Chopra said the bank had been “illegally loading up auto loan bills with excessive charges,” with about 1,000 families losing their cars to repossession as a result.
IRS apology in Trump-related case reveals agency’s shoddy tax security
The IRS confirmed to The Washington Post that 80,000 people and businesses have been affected by the leak. IRS officials, pushed by a lawsuit filed by Citadel CEO Kenneth Griffin, apologized to him and the other taxpayers through a news release last week.
COVID summer uptick is underway as FLiRT, LB.1 variants ascend
If you’re hearing about more people testing positive or getting sick, it’s no surprise, as data shows another wave forming.
Teaching frugal habits starts at home
Once the Pruetts realized the financial pressures of parenting, they felt it was really important to share that concept with their kids sooner rather than later.
UPDATE: FDA approves Lilly drug that can modestly slow Alzheimer’s disease
Eli Lilly’s drug—Kisunla, the brand name for donanemab—is one of the few treatments developed for Alzheimer’s that modifies the underlying disease and will join just one other drug, Leqembi, on the commercial market.