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In a recent CNN presidential debate, both President Joe Biden and former President Donald Trump highlighted their support for historically Black colleges and universities (HBCUs). Trump claimed that he “got (HBCUs) all funded,” while Biden emphasized investments in HBCUs, stating that “any Black student is capable in college in doing what any White student can do.” Here is a breakdown of where both candidates stand on their records with HBCUs: During the debate, Biden seemed to misstate the amount of investment his administration has made into HBCUs. However, CNN reported that his administration has invested over $16 billion since fiscal…
In San Francisco, the hype around artificial intelligence (AI) is palpable. Everywhere you turn, there are discussions about how AI will revolutionize the way we work. People in bars talk about the possibility of achieving Artificial General Intelligence (AGI) and when machines will surpass human capabilities. The big five tech companies—Alphabet, Amazon, Apple, Meta, and Microsoft—have a strong presence in the area and are pouring massive amounts of money into AI-related projects. With an estimated $400 billion budget for capital expenditures this year, primarily focused on AI hardware and research and development, these tech giants are at the forefront of…
New Alzheimer’s Treatment Approved by FDA: Promising Monoclonal Antibody To Slow Disease Progression
In breaking news, the US Food and Drug Administration has approved donanemab, a monoclonal antibody developed by Eli Lilly to address early symptomatic Alzheimer’s disease. This antibody aims to slow the progression of the disease by aiding in the removal of amyloid plaque buildup in the brain, a key characteristic of Alzheimer’s. The drug, to be marketed as Kisunla, is priced at $695 per vial or $12,522 for a six-month course, and around $32,000 for a full year. Stay tuned for updates on this developing story.
In a recent video released by CNN, it has been reported that there are currently over 200 wildfires burning in Australia. The devastating fires have led to the tragic deaths of at least 25 people, including three volunteer firefighters. The massive blaze has also destroyed over 2,000 homes and scorched an estimated 10 million acres of land. Prime Minister Scott Morrison has declared a state of emergency and called in the military to assist with firefighting efforts. He stated, “This is one of the most devastating bushfire seasons we have ever seen in Australia.” The fires have also taken a…
In January 2023, Hindenburg Research published a report into Gautam Adani’s business empire, accusing Asia’s then richest man of fraud going back decades. The impact was immediate and explosive, with over $100 billion wiped off the value of his companies. Eighteen months later, Adani, who has denied any wrongdoing, has largely recovered from the broadside. The tiny US short seller has revealed that it made just over $4 million betting against the Indian billionaire. The figure, disclosed for the first time by Hindenburg, was published on the company’s website on Monday, along with details of a letter it said it…
Billy Harris had a bittersweet Wimbledon debut, falling in the first round to Jaume Munar. The 29-year-old earned a wildcard entry after a strong showing during the grass-court season. Harris reached the quarter-finals at the LTA’s cinch Championship at Queen’s, defeating world No.32 Tomas Martin Etcheverry along the way. He followed this up by making the last four at the LTA’s Rothesay International Eastbourne a week later. These achievements saw Harris come to SW19 with a career-high ranking of 116. Despite his successes leading up to Wimbledon, Harris was unable to continue his good form on the Grand Slam stage,…
Good evening, this is a news report on the recent trends in inflation rates around the globe and their impact on investor sentiments. Inflation rates in Canada, the EU, and Australia have been on the rise in recent months, sparking concerns among investors. However, the latest pricing data out of the United States has shown a different story, with inflation rates easing. This contrast has led investors to reconsider the Federal Reserve’s current policy of keeping interest rates higher for longer. Over the past year, there has been disagreement between investors and central bank officials regarding interest rate cuts. However,…
In a breaking news update, it has been reported that a major accident has occurred on Interstate 95, involving a tractor-trailer and several vehicles. The incident took place near Exit 22 at approximately 2:30 pm this afternoon. According to sources, the tractor-trailer lost control and collided with multiple vehicles, causing a chain reaction that resulted in a large pileup. Emergency services are currently on the scene, assisting those involved in the accident. State Trooper, John Smith, stated that several individuals have been injured in the crash and are being taken to nearby hospitals for treatment. The extent of their injuries…
In a surprising turn of events, the number of available jobs in the US unexpectedly grew in May, indicating the resilience of the nation’s labor market. According to the latest Job Openings and Labor Turnover Survey (JOLTS) report released by the Bureau of Labor Statistics on Tuesday, job openings increased to 8.14 million in May, up from a revised 7.91 million in April. Economists had anticipated a decrease in job openings to 7.91 million, but the actual numbers surpassed expectations. Despite the rise in job postings, the report highlighted a milestone for the US labor market as the ratio of…
Chelsea Football Club have made their fourth signing of the summer transfer window with the acquisition of midfielder Kiernan Dewsbury-Hall from Leicester City. The reported £30 million transfer fee demonstrates the Blues’ determination to secure the services of the 25-year-old, despite interest from other clubs. This transfer sees Dewsbury-Hall reunite with former Leicester and current Chelsea manager Enzo Maresca, who coached him during their successful Championship-winning campaign. The midfielder has signed a six-year contract with Chelsea, taking him through to the 2030 season. Dewsbury-Hall’s impressive performances last season earned him a place in the Championship team of the season, thanks…
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