Politics

Fed Raises Key Rate

December 14, 2022
AP NEWS, Reuters
The context
The Federal Reserve raised the key rate by a half-point today to its highest level in fifteen years.
Fed Raises Key Rate

More to come

  • The Federal Reserve raised its benchmark rate a half-point to a range of 4.25% to 4.5%.
  • The rate is now at its highest level in 15 years.
  • The rate hike is the Fed’s seventh in recent months to fight inflation.
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Positive signs

  • The Fed raised interest rates by half a percentage point today and projected more increases to come by the end of 2023.
  • The rate hike is slightly higher than investors and experts expected because of positive signs of slowing inflation and economic growth.
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What else is going on?

The context
The Memphis police chief announced today that officers Tadarrius Bean, Demetrius Haley, Emmitt Martin III, Desmond Mills Jr., and Justin Smith were “directly responsible” for the physical abuse and death of Tyre Nichols. Nichols was beaten after fleeing a traffic stop in Detroit in early January. He died three days later after being transferred to a hospital.
The context
The Memphis police chief announced today that officers Tadarrius Bean, Demetrius Haley, Emmitt Martin III, Desmond Mills Jr., and Justin Smith were “directly responsible” for the physical abuse and death of Tyre Nichols. Nichols was beaten after fleeing a traffic stop in Detroit in early January. He died three days later after being transferred to a hospital.
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Investigation update

  • Memphis Police Chief Cerelyn Davis said that the five officers, Tadarrius Bean, Demetrius Haley, Emmitt Martin III, Desmond Mills Jr., and Justin Smith, were “directly responsible” for the horrific abuse suffered by 29-year-old Trye Nichols.
  • Nichols was beaten for three minutes at a traffic stop by the officers and later died at a hospital from his injuries.
  • The officers were released from duty, and there is an ongoing investigation into the abuse.
  • Davis made the announcement today, saying that the department wants to be honest and transparent about the ongoing investigation.
  • The DOJ and the FBI opened a civil rights investigation into Nichol’s death.
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The context
The Memphis police chief announced today that officers Tadarrius Bean, Demetrius Haley, Emmitt Martin III, Desmond Mills Jr., and Justin Smith were "directly responsible" for the physical abuse and death of Tyre Nichols. Nichols was beaten after fleeing a traffic stop in Detroit in early January. He died three days later after being transferred to a hospital.
The context
The Memphis police chief announced today that officers Tadarrius Bean, Demetrius Haley, Emmitt Martin III, Desmond Mills Jr., and Justin Smith were "directly responsible" for the physical abuse and death of Tyre Nichols. Nichols was beaten after fleeing a traffic stop in Detroit in early January. He died three days later after being transferred to a hospital.
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 →

Officers responsible

  • Memphis Police Chief Cerelyn Davis said that the five officers, Tadarrius Bean, Demetrius Haley, Emmitt Martin III, Desmond Mills Jr., and Justin Smith, were "directly responsible" for the horrific abuse suffered by 29-year-old Trye Nichols.
  • Nichols was beaten for three minutes at a traffic stop by the officers and later died at a Detroit hospital from his injuries.
  • The officers were released from duty, and there is an ongoing investigation into the abuse.
  • Davis made the announcement today, saying that the department wants to be honest and transparent about the ongoing investigation.
  • The DOJ and the FBI opened a civil rights investigation into Nichol's death.
Go deeper →
Politics

ChatGPT Earns an MBA

January 25, 2023
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The context
The viral chatbot created by OpenAI, ChatGPT, passed an MBA exam given by a Wharton professor. The bot got a B on the final exam for the school's Master of Business Administration (MBA) program.
Politics
Wednesday, January 25, 2023

ChatGPT Earns an MBA

The context
The viral chatbot created by OpenAI, ChatGPT, passed an MBA exam given by a Wharton professor. The bot got a B on the final exam for the school's Master of Business Administration (MBA) program.
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ChatGPT passes MBA exam given by a Wharton professor

  • ChatGPT-3 passed the final exam for the school's Master of Business Administration.
  • The test was administered and graded by Professor Christian Terwiesch, who authored a paper about the test called "Would Chat GPT3 Get a Wharton MBA? A Prediction Based on Its Performance in the Operations Management Course."
  • The bot scored between a B- and B on the exam and did an "amazing" job at basic operations management and process analysis questions.
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June 8, 2022

This Week In Technology June 2nd

This week, the COO of Meta, Sheryl Sandberg, is stepping down, Elon Musk demanded employees return to the office, and Clearview AI got some bad news.
 This Week In Technology June 2nd
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Sources: 

COO No More

Sheryl Sandberg, the COO of Meta (Facebook), announced she would be stepping down after 14 years.

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Tesla's Back In the Office

Elon Musk declared that Tesla workers should return to the office full time or get lost.

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Facial Technology Clampdown

Privacy watchdogs and AI innovators disagree on the way forward for facial recognition technology.

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Entertainment
May 19, 2022

This Week in Entertainment

The defamation trial of actress Amber Heard and actor Johnny Depp raged on and singer Eric Clapton’s European tour is on hold.

This Week in Entertainment
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Sources: 
ABC, Newsweek, Fox News, Billboard, The Hill, CNN

Ongoing: Amber Heard V. Johnny Depp

May 20th, 2022 

Actor Johnny Depp is suing his ex-wife, actress Amber Heard, for defamation over an op-ed penned by Heard about her experience with domestic abuse. The op-ed is allegedly about her marriage to Depp. 

Clapton on Hold

May 18th, 2022

Guitarist and singer Eric Clapton announced that he would cancel two shows on his European tour after testing positive for Covid-19. 

Try something new

Go back in time

The context
"Stranger Things" is officially 2022's most streamed show, according to Nielsen’s year-end streaming rankings.
Entertainment
Thursday, January 26, 2023

2022's Most Streamed Show Was Stranger Things

The context
"Stranger Things" is officially 2022's most streamed show, according to Nielsen’s year-end streaming rankings.
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Massive ratings for Stranger Things

  • According to Nielsen's year-end streaming data, the consumption of streaming content rose by about 27 percent compared to 2021.
  • Viewers in the US spent the equivalent of 19.4 million years on streaming platforms.
  • The most streamed show by miles was Stranger Things from Netflix.
  • Stranger Things was viewed for more than 52 billion minutes in 2022.
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The context
NBC's streaming service Peacock topped 20 million subscribers, but they saw quarterly losses widen to $978 million and management expects a $3 billion peak loss in 2023.
Entertainment
Thursday, January 26, 2023

Peacock Reaches 20 Million Subscribers

The context
NBC's streaming service Peacock topped 20 million subscribers, but they saw quarterly losses widen to $978 million and management expects a $3 billion peak loss in 2023.
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Peacock's shaky lift off

  • NBCUniversal's streaming service Peacock grew revenue and subscribers to 20 million subscribers in the fourth quarter, but its loss widened further compared with the year-ago period.
  • Management predicted that the service would lose $3 billion in the coming year.
  • The ad market bottomed out in late November and early December, which cut into the service's revenue.
  • The total media unit revenue for the last quarter of 2022 increased by 2.6 percent, while its adjusted EBITDA fell to $132 million.
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The context
Former President Trump was allowed back onto Facebook and Instagram by Meta. The former president was banned when his supporters stormed the Capitol building on January 6th, 2021.
Technology
Thursday, January 26, 2023

Trump Allowed Back on Meta

The context
Former President Trump was allowed back onto Facebook and Instagram by Meta. The former president was banned when his supporters stormed the Capitol building on January 6th, 2021.
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Meta allows Donald Trump back on Facebook and Instagram

  • Former President Trump has been allowed back on Facebook and Instagram by Meta, two years after he was banned for inciting violence after his supporters stormed the US Capitol on January 6th, 2021.
  • Facebook is a powerful fundraising tool that is likely to be heavily utilized by Trump's campaign for the 2024 presidential election. In the 2020 election, Trump generated millions of dollars in campaign contributions on the platform.
  • Democrats argued that Trump still poses a threat to public safety and, as such, should not be reinstated on Meta's platforms.
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Politics
May 19, 2022

This Week in Politics

The national formula shortage is finally starting to look up; a racially-motivated shooting in Buffalo left ten dead, and a Supreme Court leak shook the foundations of the court. 

This Week in Politics
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Sources: 
CNN, Fox News, The Atlantic, New York Times, The Washington Post, The Washington Examiner, The Guardian

Ongoing: Formula Shortage

May 19th, 2022

The U.S. has been hit by an infant formula shortage, causing many parents and caregivers to panic as store shelves continue to thin. The formula shortage is due to a combination of factors, and federal help is on the way. 

Shooting in Buffalo Leaves Ten Dead

May 18th, 2022

Ten people were shot and killed at a supermarket in Buffalo, NY, on Saturday, May 14th, 2022. The shooter, a white 18-year-old, targeted a predominantly black community and used a legally purchased semi-automatic rifle. 

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