
 | From the Editor's Desk
Are passive funds to blame for market mania? - The Economist (No paywall) The year is 2034. America’s “magnificent seven” firms make up almost the entirety of the country’s stockmarket. For Jensen Huang, the boss of Nvidia, another knockout quarterly profit means another dizzy proclamation of a “tipping point” in artificial intelligence. Nobody is listening. The long march of passive investing has put the last stockpickers and stock-watchers out of a job. Index mutual and exchange-traded funds (ETFs)—which buy a bunch of stocks rather than guessing which ones will perform best—dominate markets completely. Capitalism’s big questions are hashed out in private between a few tech bosses and asset managers.
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WorkHouse Races to Watch in California  “It’s because of the volatility of the party balance, with these House races going back and forth,” said Raphael Sonenshein, the executive director of the Haynes Foundation, a political science research nonprofit in the Los Angeles region. Work
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WorkWorkWorkWorkWorkWorkWorkWorkWorkMeet America's Best Startup Employers 2024 - Forbes (No paywall)  A growing number of companies have been putting return-to-work mandates into actionâoften forcing employees who relocated during the pandemic to move back near a company hub or leave their jobs entirely. But Tendo, a healthcare startup founded by two siblings in 2020, has taken a different approach: it's bringing the office to employees. WorkBrown University Will Reinstate Standardized Tests for Admission  For every school that is bringing back standardized tests, a number of institutions are going in the opposite direction, as part of a growing test-optional movement in the United States. Some 2,000 colleges and universities have said they will not require admissions examinations, according to FairTest, an anti-testing organization. WorkHow the ‘Uncommitted’ Effort to Protest Biden Has Spread in Super Tuesday States  The other states also lack Michigan’s position in the broader backlash to Mr. Biden’s policy: The state has a sizable Arab American population, for whom the issue has been particularly painful, and ahead of the vote, prominent Democrats in the state warned about the potential for political peril. The “uncommitted” effort drew the backing of Representative Rashida Tlaib, a member of the group of liberals in the House known as the squad. WorkThe Biggest Issue on Americans’ Minds Is Also a Tough One to Agree On  The conversations revealed worry, frustration, confusion and suspicion. There was appetite for the hard-line approach pushed by Donald J. Trump, the likely Republican nominee who has made his career on anti-immigrant policies and rhetoric. There was empathy for migrants who many believe have no other options. And there was little hope that President Biden might figure out a way out of the morass. Notably, the solutions voters proposed didn’t fit neatly into either party’s ideological box. WorkBarrasso Opts to Run for No. 2 in Senate G.O.P. Leadership Shake-Up  “For me, it’s really about trying to be a difference-maker,” Mr. Thune told Dakota News Now in a report published on Monday. “I think I have something to contribute there. I think we’re ready for a new generation of consistent, principled, conservative leadership for Republicans in the United States Senate that empowers our individual members.” WorkDo Americans Have a ‘Collective Amnesia’ About Donald Trump?  For now, the erosion of time appears to be working in Mr. Trump’s favor, as swing voters base their support on their feelings about the present, not the past. A New York Times/Siena College poll conducted late last month found 10 percent of Mr. Biden’s 2020 voters now say they support Mr. Trump, while virtually none of Mr. Trump’s voters had flipped to Mr. Biden. The poll found Mr. Trump’s policies were viewed far more favorably than Mr. Biden’s. WorkWorkDodge Charger will live on as a new EV and a gas-powered muscle car  The only difference in the EVs and gas vehicles could be the use of a \"Fratzog\" split deltoid logo for EVs rather than Dodge\'s current dual racing stripes. Kuniskis said the company is still determining whether to use the Fratzog â a made-up word initially used by Dodge from 1962 through 1976 â for the gas models. WorkWorkWorkWorkWorkWorkBBC Verify: How to spot AI fakes in the US election  Images generated by artificial intelligence (AI), are one of the emerging disinformation trends ahead of the US presidential election in November. A BBC investigation discovered dozens of deepfakes circulating on social media. WorkMeta-Owned Sites Briefly Down For Users After 'Technical Issue'  Our journalists will continue to cover the twists and turns during this historic presidential election. With your help, we\'ll bring you hard-hitting investigations, well-researched analysis and timely takes you can\'t find elsewhere. Reporting in this current political climate is a responsibility we do not take lightly, and we thank you for your support. Work‘Scary and Daunting’: Dartmouth Players Detail How Union Plan Came Together  There is no visible movement to organize by other Dartmouth teams. And a reminder that the case is far from final arrived just before the vote: Dartmouth filed an appeal of a regional director’s decision last month to classify the players as employees to the full National Labor Relations Board, which has jurisdiction only over private employers. WorkPhiladelphia Man Is Freed After 34 Years in Prison  Mr. Johnson, who had maintained his innocence throughout his years behind bars, said he had spent the first 24 hours of his newfound freedom taking a bath, shopping for clothes and getting a driver’s license. He enjoyed a big meal with his family, with rib-eye steak, shrimp and steak fries. WorkJosh Stein Wins Democratic Primary for North Carolina Governor  His re-election victory in 2020, however, showed how slim his margins could be: He won by fewer than 14,000 votes that year, with 50.1 percent of the vote. Mr. Trump won the state in 2020 by 1.3 percentage points, and Mr. Cooper by more than 4 percentage points. WorkMark Robinson Wins Republican Primary for North Carolina Governor  Mr. Robinson supports a so-called heartbeat law, banning abortion at about five or six weeks of pregnancy; such a ban would go further than current state law, which restricts abortion after 12 weeks. His campaign spokesman said that Mr. Robinson supports exceptions for rape, incest or when the life of the mother is in danger, but he did not provide details. WorkWorkDonald Trump, Seeking Cash Infusion, Meets With Elon Musk  Mr. Musk has long portrayed himself as independent-minded, and like many business leaders he has donated to candidates from both parties over the years. Unlike other U.S. billionaires, he has not spent heavily on a presidential election, and his donations have been fairly evenly split over the years between Democrats and Republicans. Mr. Musk’s businesses, Tesla and SpaceX, have benefited from federal government contracts and subsidies. WorkIn California, Senate Battle Has the Most Intrigue  Locked in a tight race for second place are Representative Katie Porter, 50, an Orange County Democrat and former law professor known for her takedowns of powerful leaders during congressional hearings; and Steve Garvey, 75, a former first baseman for the Los Angeles Dodgers and the San Diego Padres. He is the only Republican among the leading contenders for the runoff. WorkWorkBiden Wins First Eight Contests of an Expected Sweep  Reid J. Epstein covers campaigns and elections from Washington. Before joining The Times in 2019, he worked at The Wall Street Journal, Politico, Newsday and The Milwaukee Journal Sentinel. More about Reid J. Epstein WorkWhen Will We Get Results on Super Tuesday?  Alabama, Massachusetts, Maine, Oklahoma and Tennessee close their polls at 8 p.m. Most polls in Texas will also close then, though two counties in the western part of the state are in another time zone and will keep voting for another hour. Don’t expect any Texas race calls from The Associated Press until all the state’s polls are closed. WorkWorkAmid Age Concerns, the White House Tries a New Strategy: Let Joe Be Joe  To that end, Mr. Biden is expected to frame the age issue to his advantage in highlighting his legislative accomplishments in his State of the Union address on Thursday night. The point he will make, aides say, is that his achievements as president might have eluded less experienced politicians. WorkShafiqah Hudson, Who Fought Trolls on Social Media, Dies at 46  She began to aggregate the trollers’ posts under it, and encouraged others to do so and to block the fake accounts. Her Twitter community took up the mission, including Black feminists and scholars like I’Nasah Crockett, who did some digging of her own and discovered that #EndFathersDay was a hoax, as she told Slate in 2019, organized on 4chan, the dark community of web forums peopled by right-wing hate groups. WorkWorkKyrsten Sinema Bows Out of Arizona Senate Race  Senator Steve Daines of Montana, who heads Republicans’ Senate campaign committee, argued that Ms. Sinema’s decision not to run would boost Ms. Lake, who is endorsed by his National Republican Senatorial Committee. WorkWhy It Takes Longer for California to Count Ballots  The state also counts ballots that arrive late, as long as they are postmarked with the correct date and arrive within seven days. And while many other states must count ballots within a week, California law allows 30 days. WorkIn Trump Cases, Supreme Court Cannot Avoid Politics  And there were, similarly, no noted dissents last week when that case returned to the court after a unanimous three-judge panel of the appeals court soundly rejected the immunity argument. The Supreme Court, after mulling what to do for more than two weeks, decided to keep Mr. Trump’s trial on hold while it considers the case, scheduling arguments for about seven weeks later and putting the prospect of a trial verdict before the election in grave peril. WorkWorkTaylor Swift Wants You to Vote Today, Though She’s Not Saying for Whom  Last September, on National Voter Registration Day, Ms. Swift took to Instagram to encourage her followers to register to vote, linking to Vote.org, the same nonprofit organization that she linked to on Tuesday. That earlier post, which came as her “Eras” concert tour was lifting her to untold heights of superstardom, led to a surge of 35,000 registrations, many of them from young voters, the group reported. WorkFewer Voters Think Trump Committed Crimes, Polls Show  Mr. Trump’s team was thrilled by the delay in his federal election interference trial, which many of his advisers see as the one with the most potential to be politically damaging. And while they are not looking forward to the prospect of being in court later this month in New York, they are less concerned that the specifics in the case will hurt him with voters, who they think have become inured to reports about his personal behavior. WorkJustice Amy Coney Barrett Stakes Out Distinctive Stance in Trump Case  At first blush, her concurring opinion on Monday was an act of solidarity with the liberal members of the court — and its other three women. Like them, Justice Barrett wrote that the majority had gone too far in the process of ruling that Colorado could not disqualify Mr. Trump from its primary ballot under Section 3 of the 14th Amendment, which bars officials who have sworn to support the Constitution and then engaged in insurrection from holding office. WorkWorkSome States Will Confront Wet Weather on Super Tuesday  Two coastal storms will affect most of the remaining states that have primaries on Tuesday, though, bringing at least a chance of rain to the South and Northeast. A Gulf Coast storm system will bring showers throughout the day in Arkansas and Tennessee. Those showers may turn heavier in Alabama toward the end of the day. WorkWorkGas Industry Loses Bid To Block Green Building Codes  Our journalists will continue to cover the twists and turns during this historic presidential election. With your help, we\'ll bring you hard-hitting investigations, well-researched analysis and timely takes you can\'t find elsewhere. Reporting in this current political climate is a responsibility we do not take lightly, and we thank you for your support. WorkWorkWorkWorkWorkWorkWork TradeBriefs Publications are read by over 10,00,000 Industry Executives About Us | Advertise Privacy Policy | Unsubscribe (one-click) You are receiving this mail because of your subscription with TradeBriefs. Our mailing address is GF 25/39, West Patel Nagar, New Delhi 110008, India |
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