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AP Paul Pelosi, husband of Nancy, purchased 10,000 shares of Nvidia last week. The trades come amid ongoing scrutiny of stock trading by members of Congress and their families. A group of bipartisan senators introduced a bill earlier this month targeting this. Nancy Pelosi has disclosed recent stock trades made by her husband, Paul. According to a financial disclosure form made with the Clerk of the House of Representatives on July 30, Paul Pelosi purchased more shares of Nvidia and trimmed his stake in Microsoft the prior week. Paul, who is a professional investor, made the following trades on July 26, according to the disclosure: Bought 10,000 shares of Nvidia, with a trade value of between $1 million and $5 million. Sold 5,000 shares of Microsoft, with a trade value of between $1 million and $5 million. The trades come just a few weeks after another disclosure made by the Pelosi's. In that disclosure, Paul purchased 10,000 shares of Nvidia stock in late June. ...

The US women's gymnastics leotards at the 2024 Olympics feature nods to Paris and patriotic themes. Aytac Unal/Anadolu via Getty Images The US Olympic women's gymnastics team wears leotards designed by sportswear company GK Elite. GK Elite lead designer Jeanne Diaz said the 2024 Olympic leotards took inspiration from Paris. Each design is encrusted with thousands of crystals. It took around three months and 33 different departments to produce the glittering leotards worn by the US women's gymnastics team at the 2024 Paris Olympics . The process began with GK Elite conducting a survey asking athletes about their preferred colors, necklines, fabrics, crystal coverage, and other design elements, GK Elite lead designer Jeanne Diaz told Business Insider. The sportswear company then collaborated with USA Gymnastics and a panel of former athletes to create the designs. Finally, the leotards were sewn at GK Elite's in-house manufacturing floor in Reading, Pennsylvania...

McDonald's is extending its value meal deal after seeing increased foot traffic from lower-income consumers. Mario Tama/Getty Images McDonald's global comparable sales fell 1% year-over-year last quarter, missing analyst estimates. But the fast-food giant's stock is up more than 4% as its CEO says its $5 value meal is paying off. The company plans to focus on value going forward as low income customers grow weary from inflation. McDonald's missed analyst estimates in its most recent earnings report, but the fast-food giant's plan to bring back value for its customers is striking a chord with investors. The stock rallied 4.5% to $263.22 as of 1:45 PM in New York on Monday following the earnings call. It climbed as much as 4.7% at intraday highs. McDonald's same-store sales fell 1% in the most recent quarter, marking the first decrease in same-store sales since 2020. Its net income for the quarter fell to $2.02 billion, down from $2.31 billion the year ...

Taylor Swift's song "...Ready For It?" is featured in an ad for the 2024 Paris Olympics. Pedro Gomes/TAS24/Getty Images Taylor Swift's song "…Ready For It?" appeared in an ad for the 2024 Paris Olympics. Fans think it was a sign that the release of "Reputation (Taylor's Version)" is coming soon. Swift has released four of six re-recorded albums so far. Taylor Swift loves to keep her fans guessing. After the 2024 Olympics began in Paris on Friday, Swift's social media shared an Olympics ad featuring one of her songs from her album,  "Reputation. " Swift's fans have been anxiously waiting for months for "Reputation (Taylor's Version)," and they think the Olympics ad is a major Rep-coded Easter egg. Swift has spent recent years re-releasing new versions of her old albums under her ownership and has smashed records in the music industry in the process. Swifties got a big surprise when they saw the ad and...

The first time I saw Google’s latest commercial, I wondered, “Is it just me, or is this kind of bad?” By the fourth or fifth time I saw it, I’d stopped wondering. It starts innocuously enough, with a father talking about how much his daughter loves Sydney McLaughlin-Levrone (she “might even be the world’s number […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/54SlboU via IFTTT

Extreme heat is causing more injuries among workers. J. Scott Applewhite/AP Extreme heat is making work more dangerous, and safeguards can't keep up, a labor report found. The International Labour Organization found the Americas had a surge in heat-related work injuries. It comes as excessive heat is having a detrimental impact on the global economy and workforce. Extreme heat isn't just making it harder to enjoy summer vacation. It's also making work more dangerous than ever, a labor report found. The International Labour Organization reported that workers are increasingly exposed to extreme heat worldwide to the degree that occupational safety and health protections can't keep up. In addition to jeopardizing workers, the heat "undermines the resilience of economies," the agency said. "While climate-related mitigation efforts will necessitate concerted action over time, workers are being injured and dying now, and therefore heat stress prevent...

Elon Musk and Grimes have three children together. Neilson Barnard/Getty Images. Grimes' mother addressed Elon Musk directly in a series of X posts on Saturday. Sandy Garossino said the former couple's children couldn't visit Grimes' family because Musk is "withholding" them. Musk and Grimes are involved in a custody battle involving their three children. Grimes' mother says Elon Musk is "withholding" the former couple's children from the rest of the family. Sandy Garossino addressed Musk directly in a series of X posts on Saturday, writing that Grimes and her children were scheduled to visit their 93-year-old great-grandmother in Canada this weekend. Grimes, a Canadian singer, shares three children with Musk: X Æ A-Xii, Exa Dark Sideræl, and Techno Mechanicus. "She was thrilled for the kids' planned visit to celebrate her birthday this weekend. Today. But those hopes were crushed when the trip was canceled," Gaross...

The California Department of Motor Vehicles this week granted Nuro approval to test its third-generation R3 autonomous delivery vehicle in four Bay Area cities, giving the AV startup a positive boost after facing some setbacks and financial struggles. The approval gives Nuro the ability to test its driverless delivery vehicle in Mountain View, Palo Alto, […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/Pw3KAy4 via IFTTT

GMC was named in a letter from Democratic senators calling for an FTC investigation. Justin Sullivan/Getty Senators called on the FTC to investigate some automakers for surreptitiously sharing drivers' data. Two senators named General Motors, Honda, and Hyundai in their letter to the FTC demanding action. They accused the companies of sharing driving and location data under the guise of lowering rates. If you always feel like someone is watching you, it might be your swanky new GMC. Legislators are demanding the Federal Trade Commission investigate automakers like General Motors, the maker of GMC, Cadillac, Chevrolet, and Buick — as well as Honda and Hyundai — for serriptitiously sharing drivers' data with data brokers. They called on the FTC to "hold the companies and their senior executives responsible" if they broke the law. "The FTC should hold accountable the automakers, which shared their customers' data with data brokers without obtaining in...

Jessica Stevens and Aiden O'Neill queued for eight hours to pay tribute to Queen Elizabeth II, who lay in state in London after her death in September 2022. Ian Forsyth/ Getty Images Jessica Stevens queued for eight hours to pay tribute to the late Queen Elizabeth II lying in state. She got chatting to Aiden O'Neill, who was standing in front of her and her family in the long line. The pair fell in love and is now buying a house together. This as-told-to essay is based on a conversation with Jessica Stevens. It has been edited for length and clarity. My family and I have always been royalists. We were saddened by the news on September 8, 2022, that Queen Elizabeth II had died at 96. Her coffin lay in state in Westminster Hall in London before her funeral. My mom and Aunt Louise decided to go and pay their respects, along with tens of thousands of others who adored the queen. They knew the line would be long after seeing it on the news. People queued for up to 24 ho...

Home appliances for sale at Lowe's. Dominick Reuter/Business Insider A tough US housing market is weighing on sales of pricey home appliances. Appliance maker Whirlpool slashed guidance in its recent earnings release, citing weak housing market activity. US home sales fell in June to their slowest pace in more than a decade as median home prices soar. The US housing market is tough for buyers, and the slowdown in sales activity means Americans are spending a lot less on big, pricey appliances these days. In its latest earnings, Whirlpool cut its full-year outlook, adjusting annual earnings guidance to $12 a share, down from a range of $13-$15 as sales of big-ticket items slow. Whirlpool's North American major appliance sales fell 5.7% year-over-year, hurting earnings even as the segment's sales in Latin America and Asia grew by 11.3% and 19.7%, respectively. Whirlpool stock is down about 17% year-to-date, and was trading at $100.65 per share on Thursday. CEO Ma...

When you buy through our links, Business Insider may earn an affiliate commission. Learn more A reliable smoke detector is essential in any home. Amazon; Gilbert Espinoza/Business Insider The best smoke detectors let you sleep easily knowing your home is being protected from fire and carbon monoxide by a reliable, audible alarm. As a residential carpenter, I've installed plenty of hardwired and battery-powered smoke detectors over the years. For this guide, I interviewed three fire safety experts and tested dozens of smoke detectors for sensitivity, audibility, and ease of installation, using an aerosol spray to mimic real smoke.  Our top pick is the X-Sense SC01 , which is easy to install, reliable, and loud. It came highly recommended by fire safety experts, performed strongly in our tests, and has a 10-year battery life, so you don't have to worry about changing the batteries or incessant chirping every few months. If the X-Sense is unavailable, we also like the First ...

John Rodygin/Shutterstock Existing home sales fell in June to nearly to their slowest pace since 2010. The decline comes as home prices notched a record high in the same month. Buyers are likely waiting for interest-rate cuts that would loosen financial conditions. The pace of existing home sales fell close to a record low in June as record-high prices and persistently high mortgage rates turned buyers away. Data from the National Association of Realtors shows that sales slumped 5.4% from May to June, hitting an annualized rate of 3.89 million. That marks the one of the slowest paces since 2010. Adding to the reluctance of buyers was a second straight monthly record for home prices. The median existing-home price surging 4.1% year-to-year to $426,900. The two dynamics are combining to worsen a long-standing logjam in the housing market. While the issue was once a lack of inventory, home sales have stayed stagnant even as more units have come available. It's likely buy...

Nvidia CEO Jensen Huang. Sam Yeh/AFP via Getty Images Broadcom is emerging as a strong AI stock pick, according to Citi. The bank said Broadcom is seeing an uptick in its AI business as it gains new customers like OpenAI and Bytedance. "We also believe there is some investor fatigue with NVDA," Citi said. Broadcom is gaining ground on Nvidia as the next hot AI stock among investors, according to a Monday note from Citi. The bank cited recent conversations with investors in New York and Connecticut as evidence that as popular as Nvidia stock is, Broadcom also looks increasingly compelling. The company, which trades under the ticker symbol "AVGO" on the Nasdaq, has specialized its AI business to help cloud companies like Alphabet and Amazon develop their own customized AI chips for internal use. "From our conversations, it seems AVGO is catching up to NVDA as the top holding as AVGO has more AI customers joining (OpenAI and Bytedance) and accretion ...

A B-52H Stratofortress. HUM Images/Universal Images Group via Getty Images Moscow says it scrambled fighter jets to intercept two US bombers approaching the Russian border. Russia's Defense Ministry said two B-52H bombers " withdrew" as the jets approached. The B-52H Stratofortress is a long-range heavy bomber capable of carrying nuclear weapons. Russian fighter jets scrambled to intercept two US Air Force B-52H bombers approaching its border, the Russian Ministry of Defense said in a post on Telegram . "Russian airspace control systems located a group aerial target over the Barents Sea waters approaching the State border of the Russian Federation," the post said. MiG-29 and MiG-31 jets were called into action to intercept the bombers and "prevent a violation of the State border." As the jets approached, the department said that the bombers "adjusted the flight course," making a "U-turn away from the State border." ...

Bella Hadid poses in front of a Times Square billboard and bus featuring her Adidas campaign. Gotham/Getty Adidas axed an ad campaign with Bella Hadid after Israel complained about her involvement. Hadid, who is Palestinian herself, has been a supporter of Palestinians in Gaza. Adidas apologized for the ad, though the line of shoes remains on sale. Adidas pulled an ad campaign featuring model Bella Hadid, who is Palestinian, after Israel's official social media accounts criticized her involvement and called her antisemitic. Hadid has been a vocal supporter of Palestinians in Gaza, tens of thousands of whom have died since Israel's military invaded the territory after the October 7 Hamas attack. She and her sister, Gigi, have attended marches , donated at least $1 million to aid groups for Palestinians, and spoken out against the killing of innocent Palestinian and Israeli civilians. While Hadid's ads have been pulled, the SL 72 shoes remain available for purc...

This is the second major debacle for Crowdstrike founder and CEO George Kurtz. Bloomberg/Getty Images A faulty update from CrowdStrike caused a global tech outage on Friday. CrowdStrike CEO George Kurtz has been down this road before. As CTO of McAfee in 2010, Kurtz was at the center of another similar tech debacle. A good portion of the world stood still on Friday, resulting in one of the most widespread tech outages of all time. The outage disrupted operations at major banks, airlines, retailers, and other industries after CrowdStrike , a cybersecurity giant used by Microsoft and others, pushed a faulty update. Many industries were still digging out of the debacle on Saturday. The fallout is expected to last weeks. CrowdStrike owned up to its mistake, issuing an apology and a workaround on Friday. But it has yet to detail just how a destructive update could have been released without being caught by testing and other safeguards. Naturally, blame has begun to target the ...