 | From the Editor's Desk
I Touched the Sun: A Tender Illustrated Fable About How to Find and Bear Your Inner Light “One discovers the light in darkness, that is what darkness is for; but everything in our lives depends on how we bear the light,” James Baldwin wrote in one of his finest, least known …Continued here
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WorkWorkIBM software sales up 8% as the company beats on top and bottom lines   During the quarter, IBM released Granite generative artificial intelligence models for composing and summarizing text. The company also said it was backing AI startup Hugging Face and bought Apptio, a seller of tools for managing cloud costs, from Vista Equity Partners for $4.6 billion.
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WorkHow the long-awaited recession became a 'richsession' for America's wealthy  Sticky inflation, white-collar layoffs, and surging interest rates are all putting pressure on a certain type of American â higher-income earners.\"What we normally see in an economic recession is that lower- and moderate-income households really bear the brunt of it in terms of job losses and financial hardships,\" said Greg McBride, senior financial analyst at Bankrate.com. \"We haven\'t seen that.\"The stock market, a source of wealth for the rich, struggled in 2022. The S&P 500 sank more than 19%. The same year, 1.8 million Americans lost their millionaire status, according to UBS\' 2023 Global Wealth Survey. Despite the stock market\'s summer rally in 2023, the U.S. economy still faces several headwinds. Bank of America\'s Consumer Checkpoint Survey for September 2023 found that high-income households have become more pessimistic about the economy. The same group also appears more cautious about spending because of soft wage growth and slowing job creation for high earners. Watch the video above to find out more about how the so-called \"richcession\" could affect the entire economy. Work
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WorkWorkWorkWorkWorkSaudi Arabia is working with partners to de-escalate unrest in the region, minister says  In a call between U.S. President Joe Biden and the Saudi crown prince, the two leaders agreed on the importance of working toward \"sustainable peace\" between Israelis and Palestinians once the crisis subsides, the White House said. It added that they will be \"building on the work that was already underway between Saudi Arabia and the United States over recent months,\" likely a reference to the Biden administration\'s normalization efforts. WorkWorkWorkRussia-Ukraine war at a glance: what we know on day 610  Ukraine said it was aiming to increase domestic manufacture of its own drones, producing tens of thousands every month by the end of the year. Kyiv has relied heavily on foreign-made drones in the war so far, but is looking to ramp up its output despite the challenge posed by Russia’s invasion. WorkRussia simulates nuclear strike after opting out of treaty  “We aren’t ready for it because the return to a dialogue on strategic stability … as it was conducted in the past is impossible until the US revises its deeply hostile policy course in relation to Russia,” Ryabkov told reporters in comments carried by Russian news agencies. WorkWorkWorkWorkHouse Declares Solidarity With Israel in First Legislation Under New Speaker  “I voted against this resolution because it is a deeply incomplete and biased account of what is happening in Israel and Palestine, and what has been happening for decades,” Ms. Tlaib said in a statement. “This resolution rightly mourns the thousands of Israeli civilians killed and wounded in the horrific attacks but explicitly does not mourn the thousands of Palestinian civilians, including over 2,000 children, killed and wounded in the collective punishment of Palestine.” WorkWorkWorkWorkRocket Lab expects to resume Electron launches before year-end after September failure  \"Our investigation team with FAA oversight has worked around the clock since the moment of the anomaly to uncover all possible root causes, replicate them in test, and determine a path for corrective actions to avoid similar failure modes in future. We look forward to sharing the details of the review once it is fully complete,\" Rocket Lab CEO Peter Beck said in a statement. WorkWorkWorkWorkWorkWorkRSV vaccine from GSK shows potential to protect adults 50 to 59  The U.S. suffered an unusually severe RSV season last year. Cases of the virus in children and older adults overwhelmed hospitals across the country, largely because the public stopped practicing Covid pandemic health measures that had helped keep the spread of RSV low. WorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkApple subscriptions just got more expensive. Here's how to save money  Apple\'s services have become very profitable and Apple\'s commitment to the area is a signal to investors on how the company can monetize its active base of 2 billion devices. Services brought in $21.21 billion in revenue during the quarter ended June 30, second only to the $39.67 billion of revenue from the iPhone. WorkTicketmaster's hidden fees remain common long after it vowed to scrap them  There are some venues where consumers don\'t have to activate the \"all-in\" button to see the total cost of a Ticketmaster ticket upfront. New York, Connecticut and Tennessee have each passed ticket transparency laws, requiring all ticket sellers to display total prices upfront in searches. As a result, Live Nation doesn\'t let venues hide fees in those states. |
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