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Collins says solid economy gives Fed time to assess next move
Collins says solid economy gives Fed time to assess next move

Boston Globe

time8 hours ago

  • Business
  • Boston Globe

Collins says solid economy gives Fed time to assess next move

Get Starting Point A guide through the most important stories of the morning, delivered Monday through Friday. Enter Email Sign Up MEDIA Advertisement Nextdoor social site, looking for a revival, pins hopes on partnership with local news providers Advertisement The homepage of Nextdoor is seen on a computer screen on April 29, 2021, in New York City. Cindy Ord/Photographer: Cindy Ord/Getty Im Nextdoor, the social media site that aims to create connections among neighbors, is trying to shake off an uneven past and a nagging sense it is being underutilized. How? It is turning to professional journalists for help. The company announced a partnership Tuesday with more than 3,500 local news providers who will regularly contribute material to the app. As part of a redesign, it is also expanding its ability to alert users about bad weather, power outages, and other dangers, along with using AI to improve recommendations for restaurants, services, and local points of interest. 'There should be enough value that we are creating for neighbors that they feel like they need to open up Nextdoor every single day,' said Nirav Tolia, the company's cofounder and CEO. 'And that isn't the case today.' The potential for Nextdoor to help itself and journalists at the same time is most intriguing. Nextdoor is carrying portions of local news stories from providers in the area where the user lives. If people want to learn more, a link to the news site is included. At launch, Nextdoor says it has more than 50,000 news stories available, representing just over three-quarters of the app's 'neighborhoods.' — ASSOCIATED PRESS TECH Nvidia says US has lifted restrictions on AI chip sales to China Jensen Huang, Nvidia's CEO. Annabelle Chih/Bloomberg Three months after shutting down Nvidia's artificial intelligence chip sales to China, the Trump administration has reversed course. On Monday, the Silicon Valley company said in a blog post that the US government had approved sales of a China-specific AI chip known as the H20. Nvidia will still need licensing approval from the US government to fulfill those orders, but the Trump administration 'has assured Nvidia that licenses will be granted,' the company said. The decision came after Jensen Huang, Nvidia's CEO, met Thursday with President Trump. Huang has spent months lobbying politicians across Washington to keep China open for AI chip sales. China has the potential to deliver billions of dollars in sales for the world's most valuable public company, which last week became the first to reach a $4 trillion valuation. Huang has also visited China several times this year, including a trip to Beijing this week where he is scheduled to give a news conference Wednesday. The Commerce Department and White House did not immediately respond to requests for comment. — NEW YORK TIMES Advertisement FINANCE Federal judge reverses rule that would have removed medical debt from credit reports Medical bills are seen in Temple Hills, Md., on June 26, 2023. Jacquelyn Martin/Associated Press A federal judge in Texas removed a Biden-era finalized ruled by the Consumer Financial Protection Bureau that would have removed medical debt from credit reports. US District Court Judge Sean Jordan of Texas's Eastern District, who was appointed by Trump, found on Friday that the rule exceeded the CFPB 's authority. Jordan said that the CFPB is not permitted to remove medical debt from credit reports according to the Fair Credit Reporting Act, which protects information collected by consumer reporting agencies. Removing medical debts from consumer credit reports was expected to increase the credit scores of millions of families by an average of 20 points, the bureau said. The CFPB states that its research has shown outstanding health care claims to be a poor predictor of an individual's ability to repay a loan, yet they are often used to deny mortgage applications. The three national credit reporting agencies — Experian, Equifax, and TransUnion — announced last year that they would remove medical collections under $500 from US consumer credit reports. The CFPB's rule was projected to ban all outstanding medical bills from appearing on credit reports and prohibit lenders from using the information. The CFPB estimated the rule would have removed $49 million in medical debt from the credit reports of 15 million Americans. According to the agency, one in five Americans has at least one medical debt collection account on their credit reports, and over half of the collection entries on credit reports are for medical debts. The problem disproportionately affects people of color, the CFPB has found: 28 percent of Black people and 22 percent of Latino people in the United States carry medical debt versus 17 percent of white people. — ASSOCIATED PRESS Advertisement POLITICS Mamdani prepares to meet with NYC's wary business leaders Mayoral candidate Zohran Mamdani outside City Hall in Lower Manhattan on March 14. DAVE SANDERS/NYT In the weeks since Zohran Mamdani's stunning victory in the Democratic mayoral primary, some corporate and finance leaders have predicted an exodus of wealthy investors from New York City. They have called him a Marxist and an out of touch idealist, and have warned of rough times ahead for the city if Mamdani, a democratic socialist, wins the general election in November. On Tuesday and Wednesday, leaders on Wall Street and across the business world will have an opportunity to confront Mamdani directly in meetings with the Partnership for New York City, a consortium of 350 members representing banks, law firms, and corporations. The meetings were requested by Mamdani, an Assembly member from Queens who says he wants to work with the business community. Mamdani has recently moderated some of his stances that have generated the most controversy as he shifts his focus to the general election. Tuesday's meeting will take place behind closed doors with no news media present, and more than 100 executives are expected to attend. The Partnership's board is a who's who of powerful business leaders including Henry Kravis of KKR, Rob Speyer of Tishman Speyer, and J.P. Morgan CEO Jamie Dimon. Dimon last week publicly criticized Democrats for 'falling all over themselves' to support Mamdani's policies including city-run grocery stores and a rent freeze on rent-stabilized apartments. 'There's the same ideological mush that means nothing in the real world,' Dimon said at an event in Europe. — NEW YORK TIMES Advertisement

Tate McRae Tops Lady Gaga And Benson Boone At Pop Radio
Tate McRae Tops Lady Gaga And Benson Boone At Pop Radio

Forbes

time07-07-2025

  • Entertainment
  • Forbes

Tate McRae Tops Lady Gaga And Benson Boone At Pop Radio

Tate McRae lands her twelfth Pop Airplay hit as "Revolving Door" debuts, making her the only artist ... More this week with three tracks on the chart. BEVERLY HILLS, CALIFORNIA - MARCH 02: Tate McRae attends the 2025 Vanity Fair Oscar Party Hosted By Radhika Jones at Wallis Annenberg Center for the Performing Arts on March 02, 2025 in Beverly Hills, California. (Photo by Cindy Ord/VF25/Getty Images for Vanity Fair) Getty Images for Vanity Fair Tate McRae has been working her way up to pop star status for years. She first scored hits on the Billboard charts several years back, but her most recent full-length So Close to What produced several of her biggest successes. A handful of recent collaborations have also propelled her further into the spotlight. This week, the Canadian pop singer scores a new win on one of Billboard's most competitive radio rankings. As her latest single debuts, she breaks out of a tie with several of the biggest stars in music, proving that her moment has truly arrived. McRae's single "Revolving Door" debuts on the Pop Airplay chart at No. 39. The tune comes in second-to-last place on the list of the most successful cuts at top 40 stations in the United States. Its arrival marks the singer-songwriter's twelfth appearance on the tally. Even though it begins in a very low position, "Revolving Door" is still a special win for McRae. This frame, she claims the most hits among all artists on the Pop Airplay chart. Several other acts fill two spaces, but McRae is the only one who claims three. Her solo cut "Sports Car" can be found at No. 15, while "What I Want," a collaboration with country powerhouse Morgan Wallen, isn't far behind, coming in at No. 19. Tate McRae Beats Lady Gaga, Benson Boone and SZA Four other artists claim two smashes each on the Pop Airplay roster this frame. That roundup includes Benson Boone, Lady Gaga, and Kendrick Lamar and SZA, who are featured on one another's tunes. Tate McRae's Multi-Genre Radio Success In addition to her success on the Pop Airplay chart, McRae can be found on the Adult Pop Airplay tally with several tracks. She also returns to the Country Airplay list this week alongside Wallen, where "What I Want" reenters at No. 60, in last place. While that tune has already dominated the Hot 100, it has yet to become a true win at country radio, as pop stations have adopted it much faster.

Hugh Jackman, Ryan Reynolds become co-owners of Australia SailGP team
Hugh Jackman, Ryan Reynolds become co-owners of Australia SailGP team

Yahoo

time06-06-2025

  • Entertainment
  • Yahoo

Hugh Jackman, Ryan Reynolds become co-owners of Australia SailGP team

Hugh Jackman (L) and Ryan Reynolds (R) have become co-owners of Australia's SailGP team (Cindy Ord) Hollywood stars Hugh Jackman and Ryan Reynolds became co-owners of Australia's three-times champion SailGP team on Friday, saying they were "incredibly excited". The actors, who are close friends, join Olympic gold medallist and driver Tom Slingsby at the helm of a team which was rebranded the "Flying Roos". Advertisement "We're incredibly excited to set sail together in this new adventure," the Australian Jackman and Canadian-American Reynolds said in a statement. "Hugh brings a deep love for and pride in his home country, as well as being an avid fan of sailing. "He will also be bringing his overly clingy emotional support human along for the ride. Apologies in advance to Australia." Jackman and Reynolds starred together last year in the blockbuster movie "Deadpool & Wolverine". Reynolds also owns Welsh football club Wrexham along with fellow actor Rob McElhenney. SailGP stages regattas close to shore with identical high-performance, foiling, multi-hull boats that can reach speeds of 100 kilometres per hour (62 mph). Advertisement It was launched in 2019 by American billionaire Larry Ellison and champion New Zealand yachtsman Russell Coutts. Australia, skippered by Slingsby, have won three of the four editions so far. "This is an incredible milestone for us and for our sport, having global icons Hugh Jackman and Ryan Reynolds come on board as co-owners of our team," said Slingsby. "They bring unmatched star power, a love for storytelling and a sharp sense of humour that fits perfectly with our team." The new-look team will make its debut this weekend in New York, the sixth leg of the season. mp/pst

‘IT'S NOT FAIR:' Bears legend Brian Urlacher weighs in on trans athletes in women's sports
‘IT'S NOT FAIR:' Bears legend Brian Urlacher weighs in on trans athletes in women's sports

Toronto Sun

time21-05-2025

  • Sport
  • Toronto Sun

‘IT'S NOT FAIR:' Bears legend Brian Urlacher weighs in on trans athletes in women's sports

Brian Urlacher attends SiriusXM At Super Bowl LVII on February 09, 2023 in Phoenix, Arizona. Photo by Cindy Ord / Getty Images for SiriusXM Former Chicago Bears linebacker Brian Urlacher shared his stance on the issue of transgender athletes in women's sports. This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Don't have an account? Create Account The Pro Football Hall of Famer appeared on the Global View podcast earlier this month and admitted that the issue 'drives (him) crazy.' 'Why is it even a debate?' he asked rhetorically. 'A woman is a woman and a man is a man… you're born with what you're born with.' Nevertheless, the issue has been hotly debated around the world as women and girls are getting increasingly trounced in their respective sports by people who were born male. Urlacher, the Defensive Rookie of the Year in 2000 and Defensive Player of the Year in 2005, referenced an ongoing controversy in Minnesota, where a transgender pitcher is currently dominating a girls' softball season. The transgender athlete won a reported 14 straight games heading into the playoffs and earned first-team all-state honours. Your noon-hour look at what's happening in Toronto and beyond. By signing up you consent to receive the above newsletter from Postmedia Network Inc. Please try again This advertisement has not loaded yet, but your article continues below. 'It's just different because we are men, there are certain things we do better than women,' Urlacher ranted. 'Number one, it's not fair, and if I had a daughter who had to be forced to play against a man I would not be OK with it and I would definitely raise hell about it.' He continued: 'I just don't get it, it's a common sense thing. I just don't see how you can push this and make someone think they're a different sex.' RECOMMENDED VIDEO Another former NFL star, Donald Driver, joined in the ever-growing debate about transgender athletes in sports. Driver, who won his one and only Super Bowl ring with the Green Bay Packers in 2011, said that transgender athletes shouldn't be allowed to compete in female sports and that they should 'compete in the sport that God made you in.' This advertisement has not loaded yet, but your article continues below. Urlacher has been open about his support of President Donald Trump, calling him a 'machine' and praising him for his Feb. 5 signing of an executive order that keeps those born male out of women's sports. However, several states have defied Trump's ban, leading to ongoing anger over the subject. Read More 'I have a daughter who was a tomboy,' Urlacher said. 'We never thought about making her a boy.' He added: 'She was a tomboy, now she's a woman.' Urlacher retired in 2012 after a 12-year career with the Bears. Canada Toronto Maple Leafs Golf Columnists World

George Wendt, actor who played Norm on 'Cheers', dies aged 76
George Wendt, actor who played Norm on 'Cheers', dies aged 76

RNZ News

time20-05-2025

  • Entertainment
  • RNZ News

George Wendt, actor who played Norm on 'Cheers', dies aged 76

Actor George Wendt. Photo: AFP/CINDY ORD George Wendt, an actor and comedian who was beloved for his performance as Norm Peterson on the long-running comedy series "Cheers" has died, his family announced. He was 76. "George was a doting family man, a well-loved friend and confidant to all of those lucky enough to have known him. He will be missed forever. The family has requested privacy during this time," a representative for the family said in a statement to CNN. - CNN

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