ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 increased 1,392,03 points or 2.17% to 65,416.63 • Shanghai increased 50.693 points or 1.28% to 4,010.031 • Hang Seng decreased 91.16 points or -0.37% to 24,565.90 • ASX 200 decreased 20.90 points or -0.24% to 8,604.20 • SENSEX increased 394.50 points or 0.54% to 73,918.76 • Nifty50 increased 119.10 points or 0.52% to 23,242.10 The major Asian currency markets had a mixed day today: • AUDUSD decreased 0.00074 or -0.11% to 0.70316 • NZDUSD increased 0.00110 or 0.20% to 0.58204 • USDJPY increased 0.188 or 0.12%…
Author: Staff Writer
A sunscreen ingredient that has been used across Europe for decades can now officially come stateside. The Food and Drug Administration (FDA) finalized its approval of bemotrizinol, also called BEMT, officially adding it to the list of permitted active sunscreen ingredients. It marks the first time that the FDA’s list of approved filters has been updated in more than 25 years, since 1999. The Environmental Working Group (EWG) called the change a “landmark decision for public health and consumer protection.” “This is a great day for American consumers,” David Andrews, chief science officer at EWG, said in a statement, “and…
Another sell-off for high-flying artificial-intelligence stocks is dragging Wall Street sharply lower on Tuesday. The S&P 500 dropped 1.7% after careening between an early gain of 1% and a loss of 2.3%, sinking further from its all-time high set a week ago. The Nasdaq composite was 2.9% lower, and the Dow Jones Industrial Average was down 408 points, or 0.8%, as of 1 p.m. Eastern time. Indexes swung lower as companies selling computer chips, memory and other building blocks of the AI boom broke from early gains to losses. Micron Technology went from a jump of 4.2% to a drop of 7.6%, for example. That’s…
Anthropic on Tuesday released Claude Fable 5, a public, guardrailed version of its vaunted “Mythos” AI model. The AI startup said Claude Fable 5 is more capable than any other model it has released to the public, showing outstanding performance in software engineering, knowledge work, and vision tasks, among other areas. The model is superior to earlier iterations in performing longer, more complex tasks. The analytics company Hex said that Fable 5 was the first model to break 90% on its core benchmark of complex, long-running analytical tasks–a 10-point jump over earlier Opus models. Claude Fable 5 scored 80.3% on…
Teddy Roosevelt boxed. Richard Nixon bowled.Dwight D. Eisenhower put in a putting green. George H.W. Bush added a horseshoe pit. Herbert Hoover played a game named for himself to get more exercise, while George W. Bush threw open the space for youth T-ball.The White House and its storied South Lawn are no strangers to sporting events. But they’ve never seen anything like the UFC bout President Donald Trump is hosting to celebrate his 80th birthday on Sunday or the eight-sided, wire-mesh cage complete with an open overhead dome featuring large screens that are surrounded by thousands of arena seats.Sometimes called…
More than a year into President Donald Trump’s second term, the landscape of the country’s robust public data collection and publishing infrastructure has deteriorated. Federal reports on everything from billion-dollar climate disasters to food insecurity have been scrapped; thousands of workers involved in government data collection have lost their jobs. USAFacts, the not-for-profit focused on making government data more accessible and understandable, has been reacting in real time. And now, its new president Lauren Woodman, who took the helm on April 20, is looking to empower voters ahead of the midterms to call for better data infrastructure to inform genuinely impactful…
ThredUp users have a routine. They stuff a bag with the sweaters and jeans they never wear, mail it off and let the company do the heavy lifting. ThredUp receives the package and proceeds to photograph, price, and list everything, so the sellers can forget about it until they get money deposited in their bank account a few months later. But for many sellers, there’s one thing they hold back—a pair of Manolo Blahniks, a Louis Vuitton purse—because it’s special and they don’t want to let it go for less than it’s worth. So they might opt to sell it…
The plasma physicist Troy Carter leads the U.S. fusion energy program at Oak Ridge National Laboratory. It’s one of science’s hottest and most humbling pursuits: trying to understand plasma, the superheated, electrically charged gas at the heart of stars—and, since the 1950s, every hydrogen bomb test and fusion experiment. Unlike the fission reactions that power the world’s 440 existing reactors, fusion promises relatively safer, zero-carbon power, with far less radioactive waste. For decades, it has been one of those breakthroughs supposedly just around the corner. Carter has spent much of that time focused on the physics. After two decades studying…
Most people assume that being the most valuable person on a team means delivering the most. The best outputs. The deepest expertise. The highest score on whatever performance metric the org has decided matters this year. That framing is incomplete in a way that costs teams a lot. The most valuable person on a team is rarely the highest individual performer. More often, it’s the person who makes the team itself work better: someone who creates clarity, moves decisions forward, and helps everyone around them operate faster than they could alone. What’s the big idea? Organizations have spent decades building…
For most of human history, philosophers and scientists alike have viewed emotion as the enemy of reason. From the Stoics of Ancient Greece to modern behavioral economists, the assumption has broadly remained the same—namely that humans are obviously capable of remarkable rationality, adaptability, and intellectual sophistication, but (still) our emotions frequently sabotage those gifts at the worst possible moments. Leadership offers endless examples. Executives destroy careers because their egos cannot tolerate criticism. Politicians launch reckless vendettas because they mistake personal humiliation for national interest. Founders torch shareholder value because they become emotionally attached to failing strategies long after the evidence…