Author: Gist It

Why inflation is losing its punch — and why things could get even better

Inflation in the U.S. is decreasing, with consumer prices in June only 3% higher than a year ago, the smallest increase since March 2021, and this trend may persist for months. Understanding the decline: Inflation has fallen sharply in the past year. * Inflation last year was over 9% due in part to record-high gasoline […]

July 12, 2023
Biomedical startups are racing to revolutionize the way humans reproduce

Biomedical startups are accelerating efforts to commercialize in-vitro gametogenesis (IVG), a process creating human eggs and sperm in a lab from any cellular DNA. The big picture: Companies are rushing to revolutionize human reproduction and bring IVG techniques to market. * This groundbreaking technology would allow human eggs and sperm to be made in the […]

July 12, 2023
The 2023 Emmy Awards: Breaking down this year’s nominees

The nominations for the 75th Emmy Awards were announced, with shows like “Succession,” “Ted Lasso,” and “Beef” receiving nominations in multiple categories. Driving the news: The Emmy nominations were announced on Wednesday in Los Angeles. * Shows “Succession,” “Ted Lasso,” and “Beef” have received nominations in multiple categories. The contenders: “Succession,” “Ted Lasso,” and “Beef” […]

July 12, 2023
UPS workers could be on course for a historic strike within weeks

UPS workers could potentially be heading towards a historic strike, marking the largest walkout against a single company in U.S. history. The Big Picture: UPS workers are on the cusp of potentially causing a historic standstill by going on a strike. * If the strike occurs, it will be the most significant walkout against a […]

July 12, 2023
Meta’s Threads wants to become a “friendly” place by downgrading news and politics

Twitter rival Threads, run by Meta, wants to steer away from containing a lot of news and politics content, hoping to become more celebrity and influencer-dominated. Platform’s intention: Meta executives aim to make Threads a platform where people do not discuss policy issues or catch up on current news. * Threads is designed to be […]

July 12, 2023
In ‘The Vegan,’ a refreshing hedge-fund protagonist

“The Vegan”, a new book by Andrew Lipstein, features a compelling hedge-fund manager protagonist, Herschel Caine, who decides to stop consuming animals after a traumatic event. Background: Lipstein’s book is considered fresh and inventive due to overhauling the stereotype of a hedge-fund manager as uninteresting or villainous. * The protagonist, Herschel Caine is trying to […]

July 12, 2023
As climate change looms, New York bets big on winter sports tourism

New York is heavily investing in winter sports and tourism facilities to boost jobs and tourism, despite concerns about climate change and economic viability. The investment: Over the last six years, close to $620 million has been invested into the Olympic Regional Development Authority’s venues in Lake Placid. * The organization manages a state-funded convention […]

July 12, 2023
Microsoft says Chinese hackers breached email, including U.S. government agencies

Microsoft reported a breach by Chinese hackers into its customers’ email systems, which also included U.S. government agencies. Details of the Attack: Microsoft discovered the breach by the Chinese hacker group Storm-0558, who successfully gathered intelligence through the email systems. * Unusual activity was initially reported by a federal agency to Microsoft and the Department […]

July 12, 2023
NEA announces 2024 Jazz Masters including Terence Blanchard and Gary Bartz

The National Endowment for the Arts (NEA) has named Terence Blanchard, Willard Jenkins, Amina Claudine Myers, and Gary Bartz as the 2024 Jazz Masters. Announcement details: The program, started in 1982, is a prestigious honor in jazz and this is its 42nd year. * The NEA Chair Maria Rosario Jackson stated the significance of recognizing […]

July 12, 2023
Why can’t we stop homelessness? 4 reasons why there’s no end in sight

Despite significant efforts and funding to address homelessness in the U.S., the issue remains with no end in sight due to a variety of contributing factors. Backdrop: Los Angeles Mayor Karen Bass announced a continuation of her emergency declaration on homelessness amid surging numbers across the nation, revealing a shift in tone as a “very […]

July 12, 2023

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