Your favorite chocolate is probably produced by West African child labor and the government doesn’t care, advocates argue in lawsuit

Child welfare advocates filed a federal lawsuit Tuesday asking a judge to force the Biden administration to block imports of cocoa harvested by children in West Africa that can end up in America’s most popular chocolate desserts and candies. The lawsuit, brought by International Rights Advocates, seeks to have the federal government enforce a 1930s era …

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Stockpiling, private debt, foreign funding: Mid-sized companies are finding money where they can as inflation and interest rates bite

The reality of higher inflation–7% on a global level according to the latest data from the International Monetary Fund–and its tangible impact on our wallets is a challenge we’ve all come to accept as a part of the current macroeconomic climate. There isn’t a day that goes by without some clear indication in the headlines …

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Donald Trump is indicted in Georgia for trying to overturn election loss, adding to his long list of legal troubles

Donald Trump and several allies were indicted in Georgia on Monday, accused of scheming to illegally overturn his 2020 election loss in the state. It’s the fourth criminal case to be brought against the former president and the second to allege that he tried to subvert the results of the vote. The Fulton County grand jury …

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‘It was like a war’: Maui residents had moments to make life-or-death choices about how to flee the approaching inferno

The smoke was starting to blot out the sun. Winds were howling, and heat bore down as flames licked the trees on the horizon. The power had been out all day, so Mike Cicchino thought he’d drive to the hardware store for a generator. He turned off his street, and in an instant, his Lahaina neighborhood seemed to spiral …

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Former NFL tackle whose feel-good life story became a hit Hollywood film alleges he’s been swindled by the couple he called mom and dad

Michael Oher, the former NFL tackle known for being the inspiration for the movie “The Blind Side,” filed a petition Monday in a Tennessee probate court accusing Sean and Leigh Anne Tuohy of lying to him by having him sign papers making them his conservators rather than his adoptive parents nearly two decades ago. In the petition …

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BlackRock expects economy to ‘flatline’ for a year before inflation returns in 2024. Get ready for a generational shift to ‘full-employment stagnation’

In December, BlackRock’s top minds told their clients that a U.S. recession was “foretold.” The Federal Reserve’s aggressive interest rate hikes, although meant to merely tame inflation, would ultimately lead to a wave of job losses and falling GDP, they warned. But now, with inflation fading, GDP growth continuing, and the labor market remaining resilient, …

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Top physicist says chatbots are just ‘glorified tape recorders’

The recent frenzy around ChatGPT and similar A.I. generative technologies is deemed by leading physicist Michio Kaku as media sensationalism that could overshadow the impending breakthrough in quantum computing. In an interview with CNN’s Fareed Zakaria, Kaku acknowledged chatbots’ efficiency in content generation but underscored their limitations in distinguishing truth from fiction and accurate data …

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How a crypto startup raised $81 million with no product, no customers, and just a pitch deck

In May, the crypto startup Auradine announced it had raised $81 million, an attention-grabbing sum for a firm’s first fundraise, especially in a crypto bear market and especially for a company that said it’s making “disruptive infrastructure solutions leveraging cutting-edge technologies” but declined to provide details about what any of that actually was. “Even in …

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