A.M. Edition for Aug 25. The prospect of September interest rate cuts gave markets a boost late last week, but as the tech slide continues, WSJ finance editor Alex Frangos explains why investors are being more cautious of the Magnificent Seven. Plus, Eric Trump tells WSJ’s Vicky Ge Huang that the decision by some banks to close family business accounts after the Jan. 6 riot at the U.S. Capitol drove him to explore cryptocurrencies. And, Keurig Dr Pepper strikes an $18 billion deal to buy coffee company JDE Peet’s. Azhar Sukri hosts.
Miccosukee Tribe of Florida scored at least a temporary legal victory when a federal judge halted construction and ordered parts of the facility dubbed “Alligator Alcatraz” removed. The decision comes in the lawsuit by the tribe and environmental groups claiming work on the abandoned airport turned emergency immigrant detention center in Florida violates environmental and national preservation laws. The facility is on traditional Miccosukee land. The Department of Homeland Security and Immigrations and Customs Enforcement along with the state of Florida see the compound as part of ramped-up immigrant deportation efforts. We’ll speak with Chairman Talbert Cypress (Miccosukee).
We’ll also hear from Lakota artist Danielle SeeWalker, who settled a lawsuit with the city of Vail, Colo. after officials cancelled a summer artist residency. The cancellation came after she posted a picture of a work criticizing Israel’s actions against the citizens of Gaza.
The FBI is searching the Maryland home and Washington office of John Bolton. Race to find missing 7-month-old California boy. President Trump's DC crime crackdown is amping up. Alligator Alcatraz. Minnesota is suing Tik Tok. Hello Fresh lawsuit settlements.
A survey of about 1,500 workers showed AI has been a useful tool for repetitive work. But some respondents want more — sometimes, more than the technology is capable of.
In this episode, Marketplace’s Meghan Mccarty Carino speaks with Stanford economist Erik Brynjolfsson about the disconnect between workers' wants and AI's current role in the workplace.
As temperatures climb, mosquitoes will migrate to places where natural resistance to malaria is lower. More and more severe natural disasters will make for more breeding grounds. How to stop a deadly disease getting deadlier? In China’s cut-throat food-delivery war, absolutely no one wins. And Florida gamifies its efforts to cull pythons.
The race to dominate artificial intelligence has become a scramble for talent, with tech companies offering pay packages of $250 million and poaching their competitors’ best employees.
Mike Isaac, who covers the tech sector for The Times, explains why all the hype is raising fears that A.I. could become the next big bubble.
Guest: Mike Isaac, a New York Times reporter based in the San Francisco Bay Area, covering tech companies and Silicon Valley.
Background reading:
To navigate the recruitment frenzy, many A.I. researchers have turned to unofficial agents to strategize.
Life for workers at Silicon Valley’s biggest tech companies has changed as the behemoth firms have aged into large bureaucracies.
For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.
Photo: Photo Illustration by Ihor Lukianenko, via Getty Images
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A U.S. official confirms that planning is underway at the Pentagon for the potential use of National Guard forces in Chicago. Kilmar Abrego Garcia, who was wrongfully deported to El Salvador, could be facing another deportation. And the FBI searches the home and office of President Trump’s former national security adviser, John Bolton.
In the year 54, the Roman Emperor Claudius died, and his adopted son Nero became the Emperor of Rome at the age of 16.
His reign was one of the most infamous in history, and over 2000 years after he came to power, his name is still used to invoke the image of a cruel ruler and a despot.
But what exactly made him so bad, and was he really as bad as the legends say? Learn more about Emperor Nero and why his reign became so infamous on this episode of Everything Everywhere Daily.
