Year: 2024

Stocks Are in a Bull Market. What Does That Mean?

Stocks Are in a Bull Market. What Does That Mean?

The S&P 500 index closed at a record on Friday, crossing above its old high-water mark, set in early 2022. The gains show that investors have overcome fears of rising interest rates and panic about a recession that had governed stock trading for much of the past two years.Instead, they’re now betting that a drop in rates will help expand corporate profits, while the economy stays on a relatively solid footing.Even though the S&P 500 had struggled to push into the record — having bumped up against it for weeks before finally crossing above with jump on Friday — the…
Read More
Israel-Hamas War Updates: U.S. Strikes Houthis as Tensions in Middle East Rise

Israel-Hamas War Updates: U.S. Strikes Houthis as Tensions in Middle East Rise

In an expansion of hostilities rippling through the region, Pakistan said on Thursday that it had carried out airstrikes inside Iran, a day after Iranian forces attacked what they said were militant camps in Pakistan.The Pakistani Foreign Affairs Ministry said that the country’s forces had conducted “precision military strikes” against what it called terrorist hide-outs in southeastern Iran. Iranian officials said that nine people were killed, including four children, and Pakistani officials said the death toll of the Iranian strikes included at least two children.A senior Pakistani security official, speaking on the condition of anonymity, said Pakistan had struck at…
Read More
Nancy E. Adler, Who Linked Wealth to Health, Dies at 77

Nancy E. Adler, Who Linked Wealth to Health, Dies at 77

Nancy E. Adler, a health psychologist whose work helped transform the public understanding of the relationship between socioeconomic status and physical health, died on Jan. 4 at her home in San Francisco. She was 77.The cause was pancreatic cancer, her husband, Arnold Milstein, said.Dr. Adler was instrumental in documenting the powerful role that education, income and self-perceived status in society play in predicting health and longevity.Today, the connection is well known — a truism among public health experts is that life expectancy is determined more by your ZIP code than your genetic code. But it was an obscure notion as…
Read More
As Draymond Green returns, can he and Warriors wind down a dynasty the right way?

As Draymond Green returns, can he and Warriors wind down a dynasty the right way?

In the backyard of Draymond Green’s $10 million home in the Los Angeles suburb of Brentwood, where white columns and a marble patio overlook the greenest of grass, Golden State Warriors coach Steve Kerr chatted with the heartbeat of his team.Hours earlier, the Warriors had landed in Los Angeles to a whirlwind of drama. The night before, Dec. 12 in Phoenix, Green had protested an uncalled foul by spinning and flailing his arms. He struck Suns center Jusuf Nurkić in the face, incurring a Flagrant 2 foul and automatic ejection. This was just shy of a month after his previous…
Read More
How AI Could Change Travel in 2024

How AI Could Change Travel in 2024

It is hard to believe that it has only been about a year since travelers started dabbling in ChatGPT-created itineraries. This year will bring even more experimentation and innovation. “A.I. is like a teenage intern,” said Chad Burt, co-owner of the travel adviser network Outside Agents, “better, smarter, faster than you, but you need to lead them.”The expanding use of A.I. could influence how we book online, what happens when flights are canceled or delayed, and even how much we pay for tickets.“In 2024, we will see a new breed of intelligent travel agents built on top of chatbots,” said…
Read More
New U.S. Solar and Electric Car Factories Face Familiar Challenge: China

New U.S. Solar and Electric Car Factories Face Familiar Challenge: China

The Biden administration has begun pumping more than $2 trillion into U.S. factories and infrastructure, investing huge sums to try to strengthen American industry and fight climate change.But the effort is facing a familiar threat: a surge of low-priced products from China. That is drawing the attention of President Biden and his aides, who are considering new protectionist measures to make sure American industry can compete against Beijing.As U.S. factories spin up to produce electric vehicles, semiconductors and solar panels, China is flooding the market with similar goods, often at significantly lower prices than American competitors. A similar influx is…
Read More