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TradeBriefs Editorial

From the Editor's Desk

The Dictionary of Obscure Sorrows: Uncommonly Lovely Invented Words for What We Feel but Cannot Name

“Words are events, they do things, change things. They transform both speaker and hearer; they feed energy back and forth and amplify it. They feed understanding or emotion back and forth and amplify it,” Ursula K. Le Guin wrote in her exquisite manifesto for the magic of real human conversation. Each word is a portable cathedral in which we clarify and sanctify our experience, a reliquary and a laboratory, holding the history of our search for meaning and the pliancy of the possible future, of there being richer and deeper dimensions of experience than those we name in our surface impressions. In the roots of words we find a portal to the mycelial web of invisible connections undergirding our emotional lives — the way “sadness” shares a Latin root with “sated” and originally meant a fulness of experience, the way “holy” shares a Latin root with “whole” and has its Indo-European origins in the notion of the interleaving of all things.

Because we know their power, we ask of words to hold what we cannot hold — the complexity of experience, the polyphony of voices inside us narrating that experience, the longing for clarity amid the confusion. There is, therefore, singular disorientation to those moments when they fail us — when these prefabricated containers of language turn out too small to contain emotions at once overwhelmingly expansive and acutely specific.

Continued here


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Dollar on course for strongest week since 2022 - FT (No paywall)  
  

Currency’s strength compared with euro and sterling comes after outsize US inflation figures


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Is time starting to run out for Benjamin Netanyahu? - FT (No paywall)  
  

Facing growing political pressure at home and abroad over the war in Gaza, the Israeli prime minister is as defiant as ever


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Most US teachers worry about school shootings, survey finds  
  

Most US teachers worry about school shootings, survey finds
As Mexican banda music scales new heights globally, a festering dispute in the genre's traditional home turf pits frustrated hotel owners against the strolling ensembles that play songs on the beach at all hours of the day and night.


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Iran signals 'calibrated' retaliation to Israeli strike - FT (No paywall)  
  

Tehran indicates response will be designed to avoid escalating conflict amid flurry of diplomatic calls


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Japan's native population declines at record rate as births plunge - FT (No paywall)  
  

Latest data shows number of Japanese nationals falling by almost 100 an hour on average despite government efforts


Editor's Note: The number of under-15s in Japan is at a record low of 11.4 per cent of the overall population, while the number of over-65s is at a record high of 29.1 per cent.

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Beyoncé effect: Cowboy Carter album puts Levi's on fashion hotlist  
  

Beyoncé effect: Cowboy Carter album puts Levi's on fashion hotlist
"Denim on denim on denim on denim," sings Beyoncé on Levii's Jeans, one of the standout tracks of her new album, Cowboy Carter. And it appears fans are taking the statement to heart.


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$10 billion long Covid 'moonshot' is being floated by Bernie Sanders

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Health records giant Epic cracks down on startup for unauthorized sharing of patient data   
  

Health records giant Epic cracks down on startup for unauthorized sharing of patient data
The formal dispute process is still ongoing. Marchant, who also serves as the co-chair of an advisory council at Carequality, said it\'s the first time in the network\'s history that a complaint has gotten this far.


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H5N1 bird flu in U.S. cattle: A wake-up call to action  
  

H5N1 bird flu in U.S. cattle: A wake-up call to action
The recent detection of H5N1 bird flu in U.S. cattle, coupled with reports of a dairy worker contracting the virus, demands a departure from the usual reassurances offered by federal health officials. While they emphasize there’s no cause for alarm and assert diligent monitoring, it’s imperative we break from this familiar script.


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Governing the ungovernable  
  

Governing the ungovernable
During the joint appearance, Johnson said he would introduce a bill that would “require proof of citizenship to vote” and baselessly claimed that undocumented voters could tip American elections, even though voting by people who are not citizens is exceedingly rare. And he got what he had most likely come for: a full-throated endorsement from the former president.


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Campaign Puts Trump and the Spy Agencies on a Collision Course  
  

Campaign Puts Trump and the Spy Agencies on a Collision Course
The result is a complicated and possibly destabilizing situation the United States has never seen before: deep-seated suspicion and disdain on the part of a former and perhaps future president toward the very people he would be relying on for the most sensitive information he would need to perform his role if elected again.


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House Passes 2-Year Surveillance Law Extension Without Warrant Requirement  
  

House Passes 2-Year Surveillance Law Extension Without Warrant Requirement
Until nearly the last minute on Friday, it was unclear what shape the final bill would take as the House considered a series of proposed changes whose fate various members had said would determine their positions. Most prominently, in a nail-biter of a vote, lawmakers just barely rejected a proposal to ban F.B.I. agents and intelligence analysts from using Americans’ identifiers — like email addresses — to query the repository of messages swept up by the program unless those officials first get warrants.


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Jamie Dimon warns that inflation, wars and Fed policy pose major threats ahead  
  

Jamie Dimon warns that inflation, wars and Fed policy pose major threats ahead
Higher rates are generally considered positive for banks as long as they don\'t lead to a recession. JPMorgan on Friday reported an 8% boost in revenue in the first quarter, attributable to stronger interest income and higher loan balances. However, the bank warned net interest income for this year could be slightly below what Wall Street is expecting and shares were off nearly 2% in premarket trading.


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Russian military trainers arrive in Niger as African country pulls away from US  
  

Russian military trainers arrive in Niger as African country pulls away from US
“The arrival of a Russian air defense system can be viewed as part of the junta’s effort to reclaim sovereignty, this time over its airspace, and force the US and Russia to cooperate with each other in Niger,” said John Lechner, Africa analyst and author on the Wagner Group. But he added that “such cooperation is unlikely”.


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Ex-US ambassador sentenced to 15 years in prison for serving as secret agent for Cuba  
  

Ex-US ambassador sentenced to 15 years in prison for serving as secret agent for Cuba
“Any sentence that allows him to see the light of day again would not be justice,” said Carlos Trujillo, a Miami attorney who served as US ambassador to the Organization of American States during the Trump administration. “He’s a spy for a foreign adversary who put American lives at risk.”


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Kamala Harris calls Trump 'architect of healthcare crisis' in Arizona abortion speech - as it happened  
  

Kamala Harris calls Trump 'architect of healthcare crisis' in Arizona abortion speech - as it happened
The Uniparty just voted to allow the Deep State to violate your Fourth Amendment rights and spy on millions of Americans for two more years. @RepLuna just forced an additional procedural vote to stop them. GET. A. WARRANT. #FISA pic.twitter.com/JoWrYm2CQA


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Why C3.ai, Intel, Advanced Micro Devices, and Other Artificial Intelligence (AI) Stocks Slumped on Friday  
  

Why C3.ai, Intel, Advanced Micro Devices, and Other Artificial Intelligence (AI) Stocks Slumped on Friday
Citigroup is an advertising partner of The Ascent, a Motley Fool company. Bank of America is an advertising partner of The Ascent, a Motley Fool company. Danny Vena has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Advanced Micro Devices, Bank of America, and Taiwan Semiconductor Manufacturing. The Motley Fool recommends C3.ai and Intel and recommends the following options: long January 2023 $57.50 calls on Intel, long January 2025 $45 calls on Intel, and short May 2024 $47 calls on Intel. The Motley Fool has a disclosure policy.


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The Great Resignation is effectively over. We’re now in the Great Talent Stagnation, where employers’ biggest concern is the lack of qualified applicants  
  

The Great Resignation is effectively over. We’re now in the Great Talent Stagnation, where employers’ biggest concern is the lack of qualified applicants
Stagnation is far from a corporate death sentence, however. Nearly 80% of Americans remain hopeful about their career outlook, and a similar percentage feel in control of their future. The picture is a bit grimmer for corporations themselves: If U.S. companies don’t commit to nurturing existing talent rather than searching outside, they stand to miss out on up to $1.35 trillion cumulatively in savings, University of Phoenix estimates.


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At Berkeley, a Protest at a Dean’s Home Tests the Limits of Free Speech  
  

At Berkeley, a Protest at a Dean’s Home Tests the Limits of Free Speech
Ms. Afaneh and other student protesters described Ms. Fisk’s struggle for the microphone as a disproportionate and violent response. Students, they said, had a right to speak at a university gathering.


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Republican Women Are Divided on Abortion as Bans Spread  
  

Republican Women Are Divided on Abortion as Bans Spread
Nowhere is the conversation more intense this week than in Arizona, a key battleground state in the 2024 election. On Tuesday, the State Supreme Court ruled 4 to 2 in favor of reinstating an 1864 law banning all abortion from the moment of conception, except to save the life of the mother. It made no exceptions for rape or incest.


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Former U.S. Ambassador Is Sentenced to 15 Years for Acting as Cuban Agent  
  

Former U.S. Ambassador Is Sentenced to 15 Years for Acting as Cuban Agent
The proceedings did not shed much light on Mr. Rocha’s dealings with the Cuban government or whether he shared secrets during his diplomatic career, which included serving as ambassador to Bolivia and briefly working in a White House role under President Bill Clinton.


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Biotech Exec Gets 7 Years in Prison for False Claims About Rapid Covid-19 Test  
  

Biotech Exec Gets 7 Years in Prison for False Claims About Rapid Covid-19 Test
Mr. Berman’s scheme resulted in about $28 million in investor losses, prosecutors said. Mr. Berman was indicted in December 2020, and he pleaded guilty in December 2023 to securities fraud, wire fraud and obstruction of an official proceeding.


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Judge Rejects Hunter Biden Claim of Selective Prosecution in Gun Case  
  

Judge Rejects Hunter Biden Claim of Selective Prosecution in Gun Case
Glenn Thrush covers the Department of Justice. He joined The Times in 2017 after working for Politico, Newsday, Bloomberg News, The New York Daily News, The Birmingham Post-Herald and City Limits. More about Glenn Thrush


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Johnson Floats Voting on Senate Ukraine Bill, With Conservative Policies as Sweeteners  
  

Johnson Floats Voting on Senate Ukraine Bill, With Conservative Policies as Sweeteners
Some Republicans have increasingly expressed interest in structuring the aid as a loan, an idea that Mr. Johnson has publicly floated and that former President Donald J. Trump previously endorsed. Mr. Trump raised again the idea again after a private meeting with Mr. Johnson at his Mar-a-Lago estate in Florida on Friday.


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What Is the Powerful Surveillance Law That Divided Lawmakers?  
  

What Is the Powerful Surveillance Law That Divided Lawmakers?
After the attacks of Sept. 11, 2001, President George W. Bush secretly ordered a warrantless wiretapping program code-named Stellarwind. It violated the Foreign Intelligence Surveillance Act of 1978, or FISA, which generally required a judge’s permission for national security surveillance activities on domestic soil.


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Trump Co-Defendants Argue for Dismissal of Charges in Documents Case  
  

Trump Co-Defendants Argue for Dismissal of Charges in Documents Case
Mr. Nauta, 41, is Mr. Trump’s personal aide and served as his military valet when Mr. Trump was in the White House. He spent 20 years in the Navy, taking an honorable discharge in September 2021, according to his service records.


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Harris Blasts Trump on Abortion at Arizona Campaign Stop  
  

Harris Blasts Trump on Abortion at Arizona Campaign Stop
“This has been a very, very scary week for our state of Arizona,” said Representative Ruben Gallego, a Democrat who is running for that Senate seat against Kari Lake, a Republican. “Tuesday’s decision rocked all of us. We now have the nation’s most extreme abortion ban.”


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Bennett Braun, Psychiatrist Who Fueled ‘Satanic Panic,’ Dies at 83  
  

Bennett Braun, Psychiatrist Who Fueled ‘Satanic Panic,’ Dies at 83
It was from that sizable platform that Dr. Braun publicized his most explosive findings: that in dozens of cases, his patients discovered memories of being tortured by satanic cults and, in some cases, of having participated in the torture themselves.


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Pennsylvania and West Virginia Brace for More Flooding After Heavy Rains  
  

Pennsylvania and West Virginia Brace for More Flooding After Heavy Rains
The National Weather Service said that after the heavy rainfall across Western Pennsylvania, the Clarion River was expected to rise above its 13-foot flood stage on Friday afternoon, cresting at 13.5 feet in the evening, at Cooksburg, an unincorporated community on its northern banks.


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1 Killed and 13 Injured in ‘Intentional’ Truck Crash Into Building in Texas  
  

1 Killed and 13 Injured in ‘Intentional’ Truck Crash Into Building in Texas
The Department of Public Safety provides a range of services, in addition to driver’s license operations and vehicle inspection programs. Texas public safety facilities have in recent years been tasked with preventing crime along the U.S.-Mexico border, addressing threats to public schools, and dealing with gangs and sex trafficking throughout the state, according to the department’s website.


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Biden Wipes Out Another $7.4 Billion in Student Loan Debt  
  

Biden Wipes Out Another $7.4 Billion in Student Loan Debt
Others who will see relief include teachers, librarians, academics and public safety workers who have been making student loan payments for 10 years under the Public Service Loan Forgiveness program. Another 65,000 borrowers enrolled in other income-driven repayment plans will see adjustments reducing their debt, Mr. Cardona said.


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D.N.C. Helped Pay Biden’s Legal Bills in Special Counsel Investigation  
  

D.N.C. Helped Pay Biden’s Legal Bills in Special Counsel Investigation
The party’s payments to cover Mr. Biden’s lawyers — first reported by Axios on Friday — are roughly in line with amounts donors spent to pay for legal defenses for President Barack Obama during his first term.


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Ocasio-Cortez Never Steered Money to a Key Arm of Her Party. Until Now.  
  

Ocasio-Cortez Never Steered Money to a Key Arm of Her Party. Until Now.
But Ms. Ocasio-Cortez quickly began to work within the political system, building alliances and pressing for policies that have been included in legislation. Her transfer of funds was another step in the 34-year-old lawmaker’s evolution inside the Democratic Party.


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Speaker Johnson Gets Lifeline From Trump Amid Threat to His Job  
  

Speaker Johnson Gets Lifeline From Trump Amid Threat to His Job
It is not clear how far Mr. Trump’s endorsement will go. The former president wields remarkable influence on House Republicans when it comes to stymieing legislation he opposes, but his support was not enough to keep Mr. Johnson’s predecessor, Kevin McCarthy, from a five-day, 15-round ordeal to secure the speakership in the first place.


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Mistaken Autopsy Report Compounds Grief After a Balloon Pilot’s Death  
  

Mistaken Autopsy Report Compounds Grief After a Balloon Pilot’s Death
But that wasn’t the full story. Two days later, the medical examiner’s office reversed itself, adding a crucial detail to its report: Emergency responders had, in fact, given the ketamine to Mr. van der Walt.


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Fatal Shooting of Driver by Chicago Police Is Under Investigation  
  

Fatal Shooting of Driver by Chicago Police Is Under Investigation
“Preliminary information and available evidence appears to confirm that Mr. Reed fired first, striking one officer,” Ms. Kersten said at a news conference on Tuesday. “The same information also confirms that four different officers returned fire approximately 96 times at Mr. Reed, including after he exited his vehicle and while he was lying on the ground.”


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BlackRock's Larry Fink sees Fed cutting rates twice this year but missing 2% inflation goal  
  

BlackRock's Larry Fink sees Fed cutting rates twice this year but missing 2% inflation goal
Fink spoke the same day BlackRock reported quarterly earnings that topped Wall Street expectations both for profit and revenue. The company also said its assets under management hit a record of $10.5 trillion.


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