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Renters Fear Never Owning a Home
🤳29th April 2024 | Apple and OpenAI discuss iOS 18 Integration, Gaza protests spread to over 50 U.S. Colleges, DeSantis Reconciles with Trump, and more!
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BUSINESS & ECONOMY
🏠 Nearly 40% of Renters Doubt Homeownership Due to Soaring Prices
With nearly 40% of U.S. renters uncertain about owning a home, skyrocketing prices fueled by inflation are a major concern. Rent increases, notably pronounced in cities like Dallas, worsen the situation. The number of doubting renters has surged by 27% in less than a year. Fidel Dorado from Zabe Mortgage states "Affordability remains the top barrier, although options like down payment assistance offer hope."
🏦 Fed Official Points Out "Bashing the Fed Is a Bipartisan Sport" Is Universally Practiced
Source - Bloomberg
Amid legislative efforts to enhance transparency at the Federal Reserve, bipartisan dissatisfaction with the institution's secrecy prompted a candid remark from Norah Barger, a senior Fed adviser, stating that "bashing the Fed is a bipartisan sport," following the introduction of a transparency bill by Republican Senator Pat Toomey and Democratic Senator Elizabeth Warren.
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WORLD
🏴 Yousaf Mulls Resignation as Scotland's First Minister
Scotland's First Minister Humza Yousaf considers resigning amid backlash from terminating SNP's deal with Scottish Greens. Facing two no-confidence motions, survival hinges on uncertain Green support. Failure could trigger leadership turmoil or early elections. Yousaf's authority wanes amid party divisions, leaving potential successors speculated. "By sacking the Greens, he had gambled and lost."
🇪🇺 Thousands of Georgians Rally in 'March for Europe' Opposing 'Foreign Influence' Bill
Mass anti-government protests erupted in Georgia as the ruling party reintroduced a controversial law akin to Russian legislation stifling dissent. Despite clashes with police, 20,000 rallied in Tbilisi, demanding a "European future. Critics fear the bill aligns Georgia with Russia, while President Zurabishvili vows to veto it but the ruling party's dominance poses a challenge.
🇩🇪 Germany Begins Trial for Far-Right Coup Suspects
Source - Boris Roessler / AP file
Nine German far-right members face trial for plotting to overthrow the government, aiming to install Heinrich XIII Prince Reuss as leader. Accused of being part of the "military arm" of the Reichsbuerger movement, they planned a violent coup, facing charges including high treason and attempted murder.
SCIENCE & TECH
📱 Apple and OpenAI Discuss iOS 18 Integration
Apple is reportedly deepening discussions with OpenAI ahead of WWDC, aiming to integrate AI into iOS 18, potentially for on-device chatbot capabilities. Talks with Google about Gemini on iPhone are also ongoing. Apple is researching an AI upgrade for Siri, focusing on contextual understanding and on-device processing, a departure from cloud-based models like ChatGPT.
🤖 AI Safety Summit Grapples with Challenges Amid Reduced Attendance
Global leaders convened at Britain’s Bletchley Park for the AI Safety Summit, while notable figures like Elon Musk and Sam Altman participated, leading to the "Bletchley Declaration," advocating global collaboration in regulating AI. Meanwhile, six months later, another AI Safety Summit, primarily a virtual event co-hosted by Britain and South Korea, will take place as hype around artificial intelligence’s potential gives way to questions over its limitations.
SPORTS & ENTERTAINMENT
🏀 Candace Parker Retires Following 16 Stellar WNBA Seasons
Candace Parker, two-time WNBA MVP, and three-time champion announced her retirement via Instagram. She reflected on her career, emphasizing her commitment to leaving the game better than she found it. Parker, known for balancing motherhood with sports, thanked fans, family, and teammates. She plans to pursue business ventures post-retirement. Parker stated, "The competitor in me always wants 1 more, but it’s time."
🏆 Nicole Kidman Receives AFI Life Achievement Award for Elevating Films
Nicole Kidman's AFI Life Achievement Award honored her stellar 40-year career, featuring iconic roles in "Moulin Rouge" and "The Hours." Meryl Streep praised her dedication, labeling it as love rather than bravery. Kidman teared up in the evening when her husband and fellow Australian, singer Keith Urban, said she showed him “what love in action really looks like.”
OTHER NEWS
🇺🇸 Biden at WHCD: I'm a Grown Man Running Against a 6-Year-Old
At the White House Correspondents' Dinner, President Joe Biden humorously critiqued Donald Trump, saying, "Of course, the 2024 election’s in full swing and, yes, age is an issue: I’m a grown man running against a 6-year-old," referring to Trump as "Sleepy Don." He also added, "Age is the only thing we have in common. My vice president actually endorses me."
🤝 DeSantis Reconciles with Trump in Miami: reports
Florida Governor Ron DeSantis, considering a potential 2028 bid, reconciles with Donald Trump following a meeting near Miami. Despite previous tensions, notably Trump's criticisms during DeSantis's 2024 campaign, DeSantis recognizes the importance of aiding Trump with fundraising to solidify his GOP stature and advance his own political trajectory.
🏕️ Students Erect Tents at 50 US Colleges to Protest for Gaza
Source - Bloomberg
Pro-Palestinian protests have spread to over 50 U.S. colleges, including Ivy Leagues and state schools, and have led to nearly 600 arrests. The protests, advocating a ceasefire in Gaza and divestment from Israel, have raised concerns over antisemitism and disruptions, including canceled graduation at USC and moved classes online at Columbia.
THIS DAY THAT YEAR
Source - Britannica
On April 29th, 2018, The Simpsons marked a historic milestone as it aired its 636th episode on Sunday night, cementing its status as the longest-running scripted prime-time television series ever, surpassing the longstanding record held by Gunsmoke (1955–75) when it reached its 21st season.
BRAIN TEASER
The more you take, the more you leave behind. What am I?
Nailed it or stumped? Hit us with a reply and find the correct answer 🎯
Here’s what Friday’s teaser was
Tomorrow I am surely here, yesterday I am found as well. Today I am gone. Who am I?
The answer is: The letter R
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