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TradeBriefs Editorial

From the Editor's Desk

Cancer is a killer. So is the fear of it

The widespread attention to the recent revelations of cancer diagnoses by Princess Catherine, actress Olivia Munn, and King Charles, among others, demonstrate yet again that cancer is a feared disease. For good reason: It is a cruel killer, the second leading cause of death in the U.S. and a top killer around the world.

Which makes the findings of a recent study in the Annals of the American Thoracic Society puzzling. Nearly half the people who were screened for lung cancer and got the frightening news that they tested positive delayed coming back in for treatment. The median delay was three and a half months. Not surprisingly, many of those people experienced worse outcomes.

Continued here


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Here’s the good news in a troubling inflation report  
  

Here’s the good news in a troubling inflation report
President Biden has been counting on a sharp drop in inflation to boost voter attitudes and improve his reelection odds in November. He acknowledged that it\'s taking longer than he would like, saying in an April 10 statement, “We have more to do to lower costs for hardworking families.” Relief is coming, however, whether it\'s on Biden\'s timetable or not.


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Ocean Heat Has Shattered Records for More Than a Year. What's Happening?  
  

Ocean Heat Has Shattered Records for More Than a Year. What's Happening?
Source: Climate Reanalyzer, Climate Change Institute at the University of Maine, based on data from NOAA Optimum Interpolation Sea Surface Temperature (OISST) Note: Data through April 8, 2024. By The New York Times


Editor's Note: In addition to climate change and El Nino, there are a couple of other factors that might be contributing to these dizzying records. One is a recent reduction in aerosol pollution from container ships traversing the ocean, following new international fuel standards that took effect in 2020. Ironically, aerosols have a cooling effect in the atmosphere, and had been helping to mask the true extent of climate change until now.

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Hamas political leader says three of his sons killed in Israeli air strike - FT (No paywall)  
  

Ismail Haniyeh’s family is targeted on Muslim holiday of Eid al Fitr


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'Billionaires' playgrounds': the $1mn fees upending Florida's golf clubs - FT (No paywall)  
  

Cost of joining high-end clubs skyrockets — if aspiring members can get off the waiting list


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Latest Private Equity Trophy: ACT Test For College Admissions - Forbes (No paywall)  
  

Latest Private Equity Trophy: ACT Test For College Admissions
ACT Inc., the Iowa City-based nonprofit behind the ACT, a standardized test used in college admissions, announced Wednesday that it has agreed to move the test into a new for-profit company. That entity will be majority owned by Nexus Capital Management, a Los Angeles-based private equity investment firm, with the current nonprofit ACT retaining a minority interest and continuing to do research on education and workplace success. Encoura, an ACT subsidiary that offers data science and strategic college enrollment services, will also be a part of the new for-profit.














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New Boeing whistleblower says planemaker cut corners on its jets: 'I am doing this not because I want Boeing to fail, but because I want it to ... prevent crashes' - Fortune (No paywall)  
  

New Boeing whistleblower says planemaker cut corners on its jets: 'I am doing this not because I want Boeing to fail, but because I want it to ... prevent crashes'
Embattled airplane manufacturer Boeing is facing further safety investigations after a former engineer claimed the company has a “schedule over safety” mentality that leads to potential defects on the 777 and 787 Dreamliner jets.


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Dove Just Pledged Not To Use AI Models. It's Helpful, But Not Enough - Forbes (No paywall)  
  

Dove Just Pledged Not To Use AI Models. It's Helpful, But Not Enough
On Tuesday, Dove pledged not to use models generated by Artificial Intelligence in its advertising and said it was the first beauty brand to do so. In announcing this policy, the company could be helping forestall the further devolution of our society's beauty standards that are already toxic for women. But the campaign doesn't address the underlying problem: that in our society, women are judged and valued for our appearances at all.


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Y Combinator cofounder Paul Graham says seeing this word in an email pitch is a sign it was written by ChatGPT - Business Insider (No paywall)  
  

Y Combinator cofounder Paul Graham says seeing this word in an email pitch is a sign it was written by ChatGPT
Graham included a picture of a chart analysis by academic researcher Philip Shapira. The chart shows instances of "delve" used in articles like peer-reviewed journal papers and preprints from 1990 to 2024.


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How AI is helping to prevent future power cuts  
  

How AI is helping to prevent future power cuts
Artificial intelligence software is being used to predict electricity demand and supply.


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How one city pulled public transit from the brink -- and what the rest of the country can learn from it  
  

How one city pulled public transit from the brink -- and what the rest of the country can learn from it
If the United States had a public transit problem, Washington’s Metro was a good case in point. In the years leading up to the Covid-19 pandemic, DC’s transit system — widely considered to be one of the best in the nation — found itself plagued by frequent delays, safety concerns, and falling ridership.


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Mental health screening tools for kids are 30 years out of date  
  

Mental health screening tools for kids are 30 years out of date
Suicide is the second leading cause of death among children aged 10 to 14 in the U.S. That’s evidence of a systemic failure in identifying and addressing mental health concerns in young people.


Editor's Note: While the harrowing statistics on child suicide paint a bleak picture of childhood development, adding updated screening tools to provide early warning signs of mental health issues opens the door for hopeful outcomes.

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America's Next Soldiers Will Be Machines - Foreign Policy (No paywall)  
  

America's Next Soldiers Will Be Machines
Feature: America’s Next Soldiers Will Be Machines


Editor's Note: George and other Army leaders believe that almost every U.S. Army unit, down to the smallest foot patrols, will soon have drones in the sky to sense, protect, and attack. And it won't be long before the United States is deploying ground robots into battle in human-machine teams.

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Don't sweat Nvidia's recent sell-off as the stock still has 26% upside, Bank of America says  
  

Don't sweat Nvidia's recent sell-off as the stock still has 26% upside, Bank of America says
Meanwhile, Intel also unveiled its Gaudi 3 accelerator this week, which it says will boast 50% better inference performance compared to Nvidia\'s two-year-old H100 chip. However, Bank of America expects Gaudi 3 to capture less than 1% of the AI accelerator market share.


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Dave Ramsey Doubles Down On Real Estate — Says, 'Prices Will Go Up' As Blackstone Acquires $10 Billion More Multifamily Properties  
  

Dave Ramsey Doubles Down On Real Estate — Says, 'Prices Will Go Up' As Blackstone Acquires $10 Billion More Multifamily Properties
It continues the trend of Wall Street gobbling up rental units. Last year, MetLife Investment Management predicted that institutional investors may control 40% of American single-family rental homes by 2030.


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Editor's Note: Back in December, at the peak of optimism, most investors had priced in six or seven rate cuts this year. They have since dialled back those expectations. Within minutes of the latest inflation figures, market pricing shifted to implying just one or two cuts this year - a dramatic change. It is now possible that the Fed may not cut rates before the presidential election in November, which would be a blow to the incumbent, Joe Biden.

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Joining Texas, Iowa Enacts Law for State Immigration Enforcement  
  

Joining Texas, Iowa Enacts Law for State Immigration Enforcement
The law makes it a misdemeanor for a person to enter Iowa if they were previously deported from the United States, denied entry to the country, or left the country while facing a deportation order. In some cases, including people with certain prior convictions, the state crime would become a felony. To enforce the new law, Iowa police officers would be allowed to make arrests in most places, but not in schools, places of worship or health care facilities.


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Biden’s State Dinner for Japan Was Heavy on Symbolism (and Yes, Cherry Blossoms)  
  

Biden’s State Dinner for Japan Was Heavy on Symbolism (and Yes, Cherry Blossoms)
“The Pacific Ocean does not separate Japan and the United States. Rather, it unites us,” Mr. Kishida said during his dinner toast, noting that President Kennedy once said the same thing 60 years ago. “I like this line. I use it so many times that my staff tried to delete it.”


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A Gold Medal for America’s Rosies, the Women on the Home Front  
  

A Gold Medal for America’s Rosies, the Women on the Home Front
More than eight decades later, Ms. Sousa, now 98, gathered at the Capitol on Wednesday with around two dozen other so-called Rosies — many of them white-haired and most wearing the red with white polka dots made famous by the poster — to receive the Congressional Gold Medal in honor of their efforts.


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What Biden and Kishida Agreed To in Their Effort to Bolster Ties  
  

What Biden and Kishida Agreed To in Their Effort to Bolster Ties
The two countries agreed that two Japanese astronauts would be among those to travel to the moon on future American Artemis missions. “Japan will provide and maintain a pressurized rover to support astronauts living and working on the moon, while the United States will allocate two astronaut flight opportunities to the lunar surface for Japan on future Artemis missions,” the statement said.


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The Full Guest List for Biden’s State Dinner With Japan  
  

The Full Guest List for Biden’s State Dinner With Japan
The White House invited more than 200 guests to the state dinner hosted by President Biden for Prime Minister Fumio Kishida on Wednesday night, including business executives, union leaders, athletes and prominent Japanese Americans. Here is the full list of those invited as provided by the White House.


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Trump Again Insults Jews Who Support Biden  
  

Trump Again Insults Jews Who Support Biden
But in seeking recently to win Jewish voters’ support, Mr. Trump has repeatedly castigated American Jews who do not support his candidacy as insufficiently loyal to Israel. On Monday, during an interview on the right-wing channel Real America’s Voice, Mr. Trump said that “any Jewish person that votes for Biden does not love Israel, and frankly, should be spoken to.”


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Johnson to Join Trump at Mar-a-Lago for ‘Election Integrity’ Announcement  
  

Johnson to Join Trump at Mar-a-Lago for ‘Election Integrity’ Announcement
Mr. Johnson also is agonizing over how and when to bring to the floor a bill to send a fresh infusion of American military assistance to Ukraine — a move Mr. Trump has long opposed. (Mr. Trump has said it is “stupid” for the United States to offer foreign aid to countries instead of loans.)


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Student Aid Woes Stalk Education Secretary in Appearance on Capitol Hill  
  

Student Aid Woes Stalk Education Secretary in Appearance on Capitol Hill
Mr. Draeger said that schools his organization worked with had run into two additional issues affecting the department’s calculations, which have rendered as many as 40 percent of the financial records schools have received so far unusable.


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Biden Says U.S. Is Considering Dropping Its Case Against Assange  
  

Biden Says U.S. Is Considering Dropping Its Case Against Assange
The court gave the United States three weeks “to give satisfactory assurances” that Mr. Assange “is permitted to rely on the First Amendment to the United States Constitution (which protects free speech), that he is not prejudiced at trial (including sentence) by reason of his nationality, that he is afforded the same First Amendment protections as a United States citizen and that the death penalty is not imposed.”


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Apple sparks Palestinian flag emoji controversy  
  

Apple sparks Palestinian flag emoji controversy
East Jerusalem, along with the West Bank and Gaza Strip, were captured by Israel from Jordan and Egypt in a war in 1967, and have since been viewed internationally as occupied Palestinian territory.


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Fed wants more confidence that inflation is moving toward 2% target, meeting minutes indicate  
  

Fed wants more confidence that inflation is moving toward 2% target, meeting minutes indicate
There were no decisions made or indications about how the easing of what has become known as \"quantitative tightening\" will happen, though the minutes said the roll-off would be cut by \"roughly half\" from its current pace and the process should start \"fairly soon.\" Most market economists expect the process to begin in the next month or two.


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Delta forecasts quarterly earnings ahead of expectations, focuses on efficiency as growth steadies  
  

Delta forecasts quarterly earnings ahead of expectations, focuses on efficiency as growth steadies
\"Growth is normalizing and we are in a period of optimization, with a focus on restoring our most profitable core hubs and delivering efficiency gains,\" CFO Dan Janki said in an earnings release.


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Top French court suspends ban on using word 'steak' on plant-based foods  
  

Top French court suspends ban on using word 'steak' on plant-based foods
In 2020, the European parliament rejected a move to ban the use of terms of animal origin for plant products - except when words such as "yoghurt", "cream" or "cheese" are applied to products without animal milk.


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End of the Line? Saudi Arabia 'forced to scale back' plans for desert megacity  
  

End of the Line? Saudi Arabia 'forced to scale back' plans for desert megacity
Not everyone, however, has been convinced by the prince's glossy prospectus. Writing in the New York Times in 2021 at the time Neom released a video describing the prospects of living between the city's silvered walls, the US journalist and author Robert Worth said: "To watch the crown prince's promotional video is to be immersed in a distinctively Saudi form of arrogance, blending religious triumphalism and royal grandiosity."


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UK heat pump adopters open up homes to encourage others to ditch gas boilers  
  

UK heat pump adopters open up homes to encourage others to ditch gas boilers
Martin Callanan, the minister for energy efficiency and green finance, said: “This fantastic new service will help families work out whether a heat pump is right for them, and we’ll continue supporting households to make the switch with our £7,500 grant. We already know that heat pumps are three times more efficient than gas boilers and demand is soaring, with applications to our boiler upgrade scheme up 75% on last February,” he said.


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Man charged with murder of woman as she pushed pram in Bradford  
  

Man charged with murder of woman as she pushed pram in Bradford
Shaun Sigamoney, the district crown prosecutor for CPS Yorkshire and Humberside, said: “The Crown Prosecution Service has authorised West Yorkshire police to charge Habibur Masum with murder and possession of a bladed article, following the death of Kulsuma Akter, who was fatally stabbed in Bradford city centre on Saturday 6 April.


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Man jailed for life after breaking baby son's neck in Leicester  
  

Man jailed for life after breaking baby son's neck in Leicester
The senior investigating officer DI Mark Parish said: "Due to the amount of injuries Ollie suffered, and the medical expertise needed to examine those injuries, it has taken more than six years for this investigation to come to court and for Ollie's parents to be held accountable for his death."


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Spending foreign aid budget on refugees in UK is 'wreaking havoc', says watchdog  
  

Spending foreign aid budget on refugees in UK is 'wreaking havoc', says watchdog
A UK government spokesperson said: "The UK spent over £15bn on development last year, including on life-saving humanitarian aid in Gaza, in Sudan following the coup, and in Türkiye and Syria after the earthquake.


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What Cass review says about surge in children seeking gender services  
  

What Cass review says about surge in children seeking gender services
The report also stated that it had received several reports from parents of birth-registered females “that their child had been through a period of trans identification before recognising that they were cisgender same-sex attracted”.


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One dead and five injured in Washington DC shooting, police say  
  

One dead and five injured in Washington DC shooting, police say
“We are working tirelessly to really help remove some of these illegal guns that are on our streets, we’re working with our ATFs, we’re working with some of our taskforce,” Smith said during the briefing. “What we’re seeing is an increase in guns in the district and we’re doing everything we can to ensure we’re removing those guns off of our streets.”


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Arizona Republicans block abortion-ban repeal after denouncing court ruling  
  

Arizona Republicans block abortion-ban repeal after denouncing court ruling
“I am disgusted by the actions of my peers, both lying about their stance on this issue so important to Arizonans, and refusing to repeal the 1864 ban,” said Priya Sundareshan, a Democratic senator and Arizona Democratic Legislative Campaign Committee co-chair.


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Appeal court judge denies Trump's third attempt this week to delay hush money trial - as it happened  
  

Appeal court judge denies Trump's third attempt this week to delay hush money trial - as it happened
The latest remarks from Trump come as Democrats have warned that he would authorize an extreme ban if elected, noting how federal abortion rights were overturned due to supreme court judges secured during Trump's administration.


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Biden vows 'ironclad' US commitment to Israel amid fears of Iran attack  
  

Biden vows 'ironclad' US commitment to Israel amid fears of Iran attack
The ability of the Biden administration to rein in an Israeli response to an Iranian attack would very much depend on the specifics. If Iranian retaliation comes in the form of an assault on an Israeli embassy, or if an incoming Iranian missile or drone is intercepted, it may be possible to prevent escalation, officials said, but if an Iranian strike caused multiple casualties inside Israel, it would be very much harder.


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Xavier Becerra reportedly mulls cabinet exit to run for California governor  
  

Xavier Becerra reportedly mulls cabinet exit to run for California governor
Becerra sidestepped questions about a gubernatorial run. “It’s a blessing to hear that someone is saying that I’m running for governor because I don’t know who they are,” he told Politico. “I am secretary of HHS and, by law, I have to be secretary of HHS and nothing else. So I’m gonna do my job as best I can. It’s a thrill – I think my mom would be happy to hear that someone thinks I can run for governor as well.”


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Idaho teen arrested for alleged plans to attack churches in name of Islamic State  
  

Idaho teen arrested for alleged plans to attack churches in name of Islamic State
Mercurio is charged with attempting to provide material support or resources to a designated foreign terrorist organization. If convicted, Mercurio faces a maximum penalty of 20 years in federal prison.


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Russia Seizes Over 650,000 Acres Of Farmland And Other Assets From Company With Ties To 'Unfriendly' Country  
  

Russia Seizes Over 650,000 Acres Of Farmland And Other Assets From Company With Ties To 'Unfriendly' Country
As the situation unfolds, the agricultural industry and global markets will be closely monitoring the repercussions of Russia’s asset seizures and their impact on food security, trade and diplomatic relations.


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Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought  
  

Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002*.


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Dave Ramsey Advises Caller With $5 Million Net Worth To Put Money Into High-Yield Savings If Flipping Houses Isn't Bringing In 20% Profit  
  

Dave Ramsey Advises Caller With $5 Million Net Worth To Put Money Into High-Yield Savings If Flipping Houses Isn't Bringing In 20% Profit
Ramsey’s guidance offers a strategic blueprint tailored to Trisha’s circumstances, but people in similar positions should seek advice from a financial adviser. A personal financial adviser can provide customized advice that considers their complete financial situation, goals and risk tolerance. This kind of individualized guidance is crucial for navigating the decisions involved in leveraging assets, investing in real estate or seeking other avenues for generating income.


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Costco selling $200 million in gold bars per month, says analyst  
  

Costco selling $200 million in gold bars per month, says analyst
There wasn’t a lot they could do: Costco said the coins can’t be returned or refunded, and customers are limited to five cases per membership; plus, they only have one opportunity to buy them.


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How the Halving Will Impact the Bitcoin Market  
  

How the Halving Will Impact the Bitcoin Market
While speculators are likely going to position themselves in advance of the halving event, as they have in the past, long-term investors should pay minimal attention to the halving itself, and rather focus on the demand side of the market.


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Donald Trump's Real Estate Portfolio is Highly Concentrated in These Two States  
  

Donald Trump's Real Estate Portfolio is Highly Concentrated in These Two States
Trump’s net worth was last estimated to be roughly $6.4 billion by Forbes, including a big bump from his Truth Social app going public via a SPAC merger and now trading as Trump Media & Technology Group Corp (NASDAQ:DJT). However, there\'s a lot to unpack in his real estate portfolio since it\'s hard to value each of his properties individually, as well as his personal brand.


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Pipeline Share Sales Highest Since 2017 as Dividends Draw Buyers  
  

Pipeline Share Sales Highest Since 2017 as Dividends Draw Buyers
Still, both the Alerian fund — which is made up of pipeline and midstream partnerships and currently offers a 7.4% dividend yield — and the Energy index are performing well enough to beat the broader S&P 500.


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Proposals for New US Power Plants Jump 90% on Surging Demand  
  

Proposals for New US Power Plants Jump 90% on Surging Demand
After remaining flat for years, US electricity demand is expected to climb rapidly as electric vehicles and data centers proliferate. A BofA Global Research report Wednesday forecast demand would grow 15% by 2030, or roughly 70 gigawatts.


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Why Realty Income Stock Fell Today  
  

Why Realty Income Stock Fell Today
Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than tripled the return of S&P 500 since 2002*.


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Stock market today: Stocks sink, yields jump after inflation data torpedoes rate-cut hopes  
  

Stock market today: Stocks sink, yields jump after inflation data torpedoes rate-cut hopes
The S&P 500 has now gone seven consecutive sessions without a new record, the strategy team at Deutsche Bank pointed out this morning. That marks the longest period without an all-time high since January, when the S&P 500 surpassed its 2022 peak.


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Why auto insurance costs are rising at the fastest rate in 47 years  
  

Why auto insurance costs are rising at the fastest rate in 47 years
\"While 2023 results benefited from the lack of a record-breaking catastrophe (such as Hurricane Ian), catastrophes and volatile and outsized weather patterns are not going away,\" CFRA\'s Seifert said.


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Arizona Republicans Thwart Attempts to Repeal 1864 Abortion Ban  
  

Arizona Republicans Thwart Attempts to Repeal 1864 Abortion Ban
Despite the pressure from Democrats and some Republicans to undo the law, it was uncertain whether Republican leaders, who narrowly control both chambers of the Legislature, would allow any immediate action on proposals to repeal the ban.


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Senate Leaders Look to Curb ‘Judge Shopping’ but in Different Ways  
  

Senate Leaders Look to Curb ‘Judge Shopping’ but in Different Ways
Senator Schumer’s bill tracks the guidance last month from the Judicial Conference, the federal judiciary’s policymaking body. It would end the most targeted form of judge shopping, where plaintiffs game a district’s case-assignment system by filing in a small division staffed by one or two judges.


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City of Miami Racially Gerrymandered Voting Districts, Judge Finds  
  

City of Miami Racially Gerrymandered Voting Districts, Judge Finds
As a result of Judge Moore’s ruling, the city could be forced to hold a special election or to draw a new voting map. The next municipal elections are supposed to take place in November 2025. Commissioners, who are nonpartisan, serve staggered four-year terms.


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How the G.O.P. Molded the Arizona Court That Upheld the Abortion Ban  
  

How the G.O.P. Molded the Arizona Court That Upheld the Abortion Ban
Mr. Ducey’s imprint might have been even more pronounced, had one of his appointees, Justice William G. Montgomery, not recused himself in response to complaints about a 2017 Facebook post in which he said that Planned Parenthood, one of the parties in the case, was “responsible for the greatest generational genocide known to man.”


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Two Imperfect Messengers Take On Abortion  
  

Two Imperfect Messengers Take On Abortion
It is now Biden, a Catholic who has openly expressed personal misgivings about the issue, making abortion more central to a presidential campaign than any major-party nominee in history, while Trump, a former president who is usually happy to take credit for rolling back abortion rights, is trying to skirt it.


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Cornel West Picks a Black Lives Matter Activist as His Running Mate  
  

Cornel West Picks a Black Lives Matter Activist as His Running Mate
“We want to abolish police murder, abolish police brutality,” he said. “We want to abolish poverty. We want to abolish homelessness. We want to abolish this greed that we’ve seen organized on Wall Street and Pentagon and Silicon Valley.”




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