Saturday☕️

Saturday☕️

Trending:

  • US Abortion Laws

Markets/Economies:

  • Yesterday's US stock market:
TradingView
  • Yesterday's crypto market:
TradingView @7:48 PM EST

US Abortion Laws:

  • The US Supreme Court has temporarily halted restrictions on the abortion pill mifepristone, which were imposed by a lower court.
  • This pause is in place while the legal battle continues between the Biden administration and Danco Laboratories (pill manufacturer) against the lower court ruling. The Supreme Court agreed to the emergency requests from the Biden administration and Danco Laboratories to prevent the restrictions from taking effect.
  • They are challenging the lower court's decision, which would remove the FDA's approval for mifepristone. The pill, combined with another medication called misoprostol, has been available since 2000 and is used in over half of all US abortions.

Business:

  • Users have managed to deceive Discord's AI chatbot into revealing the formula for Napalm by utilizing the so-called "grandma exploit," in which the chatbot is requested to assume the role of a user's grandmother. Napalm is a highly flammable, sticky incendiary substance used as a weapon.
  • BuzzFeed announced it will close BuzzFeed News and lay off 180 employees, which is 15% of its workforce, due to economic challenges and the news division's unprofitability.
  • Ikea has outlined a $2.2 billion expansion strategy in the United States for the upcoming three years, marking the company's most significant investment in a single nation to date.

Statistic:

  • Inflation:
  • Argentina - 104%
  • Turkey - 50.51%
  • UK - 10.1%
  • Italy - 7.6%
  • Germany - 7.4%
  • Mexico - 6.85%
  • France - 5.7%
  • India - 5.66%
  • USA - 5%
  • Brazil - 4.65%
  • Indonesia - 4.97%
  • Netherlands - 4.4%
  • Russia - 3.5%
  • Japan - 3.2%
  • Spain - 3.3%
  • Switzerland - 2.9%
  • China - 0.7%
  • Inflation is the rate at which the general price level of goods and services in an economy increases over time. It is typically measured as the percentage change in the Consumer Price Index (CPI) or other price indices.
  • Inflation affects the purchasing power of money, meaning that as inflation rises, the real value of money decreases, leading to a decline in the purchasing power of consumers, businesses, and governments.

Article Links:

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