Newsletter Aug 30, 2024
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Markets
DJIA 41,335.05 0.59%
S&P 500 5,591.96 0.00%
Nasdaq Composite 17,516.43 -0.23%
Japan: Nikkei 225 38,362.53 -0.02%
UK: FTSE 100 8,379.64 0.43%
Crude Oil Futures 75.90 -0.01%
Gold Futures 2,554.40 -0.23%
Yen 144.95 -0.03%
Euro 1.11 0.00%
* As of market close

 
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Army scolds Trump over Arlington incident

The U.S. Army on Thursday scolded Donald Trump for holding a political event at Arlington National Cemetery earlier this week and vouched for the "professionalism" of the employee who was "unfairly attacked" by members of the former president's campaign team. The woman was pushed by the Republican presidential nominee's staffers on Monday when she tried to prevent them from taking video and photographs in an area of cemetery known as Section 60, where U.S. military members in the recent wars in Iraq and Afghanistan are buried.

SEE WHY US ARMY OFFICIALLY CONSIDERS THE ISSUE CLOSED



California passes powerful AI safety bill

A bill aimed at regulating powerful artificial intelligence models passed California's legislature on Wednesday, despite outcry that it could kill the technology it seeks to control. The bill had faced a barrage of critics, including Democratic members of US Congress, who argued that threats of punitive measures against developers in a nascent field would throttle innovation. It did, however, win the reluctant support of Elon Musk, who argued that AI's risk to the public justifies regulation.

HOW THE NEW AI LEGISLATION HAS DIVIDED SILICON VALLEY


Bank worker dead at her desk for four days

A foul odor at a Tempe, Arizona Wells Fargo bank office that some employees thought was bad plumbing turned out to be the smell of a co-worker who had been dead at her cubicle for four days. Denise Prudhomme, 60, was discovered by a bank employee on Aug. 20, four days after she was last recorded entering the building. Tempe police do not suspect foul play as the death appears to be by natural causes.

WHY IT TOOK SO LONG FOR THE BODY TO BE DISCOVERED


Extra point

What is the oldest continuously operating bank in the United States?

Thursday's answer: Apple was the first to reach $1 trillion in value in 2018. It hit a $2 trillion valuation in 2020, second only to Saudi Aramco.

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