Uncategorized

Record heat and pockets of drought are scorching farmland across the country, threatening crop yields and wiping out any remaining leeway to cope with more extreme weather this summer.Throughout the Sun Belt, a prolonged heat wave is pushing temperatures into triple digits and risk of heat stress for crops. At the same time, the breadbasket states in the Midwest are struggling to manage a drought that is affecting some areas for a while. second year in a row. Nearly two-thirds of Kansas is in severe, extreme or exceptional drought, according to the US Drought Monitor, and about half of Missouri…

Taylor Swift's Eras Tour is boosting the American economy.Ticket sales for Swift's concerts have been so explosive, a Federal Reserve office said, that the pop superstar is helping boost the nation's tourism industry.The central bank released its Beige Book on Wednesday, in which Philadelphia Federal Reserve officials reported hotel reservationsbearshowing the strongest growth since the start of the pandemic, thanks to the dates of Swift's shows. "Despite the slow recovery in tourism in the region as a whole, a contact noted that May was the strongest month for hotel revenue in Philadelphia since the start of the pandemic, largely due…

Victor Wembanyama is the most hyped prospect to enter the league since Lebron James He was drafted first by the Cleveland Cavaliers in the 2003 NBA Draft. The French phenomenon is expected to return to the Saint Anthony Spurs to prominence after the organization hasn't finished above .500 four years in a row. Victor Wembanyama of the San Antonio Spurs dribbles the ball during the Charlotte Hornets game at the Thomas & Mack Center on July 7, 2023 in Las Vegas. (Ethan Miller/Getty Images)It's a lot of pressure for a 19-year-old, but Wembanyama seems ready to accept the expectations. NBA…

The Federal Trade Commission is investigating the maker of ChatGPT, OpenAI, to understand whether the company has violated consumer protection laws.The Washington Post, which was the first to report the news, published the FTC's 20-page civil investigation complaint (CID), similar to a citation that outlines the key points of the investigation. A source familiar with the matter confirmed the authenticity of the document to CNBC. The FTC declined to comment.The FTC says in the document that the investigation will focus on whether OpenAI has "engaged in unfair or deceptive data privacy or security practices" or "engaged in unfair or deceptive…