Sophia Lewis, Author at Hounia

A Fed Governor Reiterates That Rate Cuts Are Coming

18

Jan

Investments and Business

A Fed Governor Reiterates That Rate Cuts Are Coming

A prominent Federal Reserve official on Tuesday laid out a case for lowering interest rates methodically at some point this year as the economy comes into balance and inflation cools — although he acknowledged that the timing of those cuts remained uncertain.Christopher Waller, one of the Fed’s seven Washington-based officials and one of the 12 policymakers who get to vote at its meetings, said during a speech at the Brookings Institution on Tuesday that he saw a case for cutting interest rates in 2024.“The data we have received the last few months is allowing the committee to consider cutting the…

Israel-Hamas War Live Updates: Displaced Gazans Flee Nasser Hospital Amid Intense Fighting

17

Jan

By Sophia Lewis

International

Israel-Hamas War Live Updates: Displaced Gazans Flee Nasser Hospital Amid Intense Fighting

The Biden administration will designate Yemen’s Houthi militia as a terrorist organization, partly reimposing penalties it lifted nearly three years ago on the Iran-backed group whose attacks on regional shipping traffic have drawn a U.S. military response.Beginning in mid-February, the United States will consider the Houthis a “specially designated global terrorist” group, Secretary of State Antony J. Blinken said in a statement on Wednesday, blocking its access to the global financial system, among other penalties. But Biden officials stopped short of applying a second, more severe designation — that of “foreign terrorist organization” — which the Trump administration imposed on…

Cancer Deaths Are Falling, but There May Be an Asterisk

17

Jan

By Sophia Lewis

International

Cancer Deaths Are Falling, but There May Be an Asterisk

The newsCancer deaths in the United States are falling, with four million deaths prevented since 1991, according to the American Cancer Society’s annual report.At the same time, the society reported that the number of new cancer cases had ticked up to more than two million in 2023, from 1.9 million in 2022. Cancer remains the second leading cause of death in the United States, after heart disease. Doctors believe that it is urgent to understand changes in the death rate, as well as changes in cancer diagnoses.Background: Treatment improvements help reduce cancer deaths.The cancer society highlighted three chief factors in…

Christian Pulisic interview: ‘I want to show the world what the U.S. can do’

16

Jan

By Sophia Lewis

International

Christian Pulisic interview: ‘I want to show the world what the U.S. can do’

Christian Pulisic is perched on a bar stool in the old clubhouse overlooking the first-team training pitch at Milanello, AC Milan’s training ground.He makes a hand gesture, one he didn’t need the past six months living in Italy to learn. Pulisic is talking about himself as one of the “older guys” on the USMNT and, as he does so, he is sure to put air quotes around it.Nearby is a portrait of Milan legend Paolo Maldini lifting a trophy, a player who retired in his forties. Pulisic isn’t that age yet. He turned 25 shortly after joining Milan from Chelsea…

16

Jan

By Sophia Lewis

Science and Technology

How Group Chats Rule the World

I’m not especially powerful; it doesn’t matter which in-jokes include me and which dinners I’m invited to. But it’s instructive to think of the digital rooms being constructed by those who are. We often get glimpses of such group chats in court filings, the familiar blue-and-white bubbles of iMessage screenshotted and laid out as evidence. A chain of messages among Sean Hannity, Laura Ingraham and Tucker Carlson, for instance, was one of many chats at issue in Dominion Voting Systems’ defamation suit against Fox News. The tone is amusingly familiar; they complain, gossip, co-process the news. Carlson admits something he’d…

16

Jan

By Sophia Lewis

Investments and Business

D.E.I. Goes Quiet – The New York Times

Joelle Emerson’s D.E.I. consultancy, Paradigm, works with more than 500 companies. The growing backlash against D.E.I., she said, “is usually the first agenda item on every call.”Critics of D.E.I., or diversity, equity and inclusion initiatives, have tried to scapegoat it for everything from regional bank failures to a panel’s ripping off a Boeing plane in flight last week. That debate gathered pace this month as three famous billionaires clashed over D.E.I.’s merits on social media: Elon Musk and Pershing Square’s chief executive, Bill Ackman, have attacked D.E.I. efforts as “racist,” while the investor Mark Cuban argued that they were “good…