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NEW YORK (AP) — U.S. stock indexes fell Thursday following some potentially discouraging data on the economy . The S&P 500 slipped 0.5% for its fourth loss in the last six days. It’s a pause for the index, which has been rallying toward one of its best years of the millennium . The Dow Jones Industrial Average lost 234 points, or 0.5%, and the Nasdaq composite sank 0.7% from its record set the day before. A report early in the morning said more U.S. workers applied for unemployment benefits last week than expected. A separate update, meanwhile, showed that inflation at the wholesale level, before it reaches U.S. consumers, was hotter last month than economists expected. Neither report points to imminent disaster, but they dilute one of the hopes that’s driven the S&P 500 to 57 all-time highs so far this year : Inflation is slowing enough to convince the Federal Reserve to keep cutting interest rates, while the economy is remaining solid enough to stay out of a recession. Of the two reports, the weaker update on the job market may be the bigger deal for the market, according to Chris Larkin, managing director, trading and investing, at E-Trade from Morgan Stanley. A surge in egg prices may have been behind the worse-than-expected inflation numbers. “One week doesn’t negate what has been a relatively steady stream of solid labor market data, but the Fed is primed to be sensitive to any signs of a softening jobs picture,” he said. Traders are widely expecting the Fed will ease its main interest rate at its meeting next week. If they’re correct, it would be a third straight cut by the Fed after it began lowering rates in September from a two-decade high. It’s hoping to support a slowing job market after getting inflation nearly all the way down to its 2% target. Lower rates would give a boost to the economy and to prices for investments, but they could also provide more fuel for inflation. A cut next week would have the Fed following other central banks, which lowered rates on Thursday. The European Central Bank cut rates by a quarter of a percentage point, as many investors expected, and the Swiss National Bank cut its policy rate by a steeper half of a percentage point. Following its decision, Switzerland’s central bank pointed to uncertainty about how U.S. President-elect Donald Trump’s victory will affect economic policies, as well as about where politics in Europe is heading. Trump has talked up tariffs and other policies that could upend global trade. He rang the bell marking the start of trading at the New York Stock Exchange on Thursday to chants of “USA.” On Wall Street, Adobe fell 13.7% and was one of the heaviest weights on the market despite reporting stronger profit for the latest quarter than analysts expected. The company gave forecasts for profit and revenue in its upcoming fiscal year that fell a bit shy of analysts’. Warner Bros. Discovery soared 15.4% after unveiling a new corporate structure that separates its streaming business and film studios from its traditional television business. CEO David Zaslav said the move “enhances our flexibility with potential future strategic opportunities,” raising speculation about a spinoff or sale. Kroger rose 3.2% after saying it would get back to buying back its own stock now that its attempt to merge with Albertsons is off . Kroger’s board approved a program to repurchase up to $7.5 billion of its stock, replacing an existing $1 billion authorization. All told, the S&P 500 fell 32.94 points to 6,051.25. The Dow Jones Industrial Average dropped 234.55 to 43,914.12, and the Nasdaq composite sank 132.05 to 19,902.84. In stock markets abroad, European indexes held relatively steady following the European Central Bank’s cut to rates. Asian markets were stronger. Indexes rose 1.2% in Hong Kong and 0.8% in Shanghai as leaders met in Beijing to set economic plans and targets for the coming year. South Korea’s Kospi rose 1.6% for its third straight gain of at least 1%, as it pulls back following last week’s political turmoil where its president briefly declared martial law. In the bond market, the 10-year U.S. Treasury yield rose to 4.33% from 4.27% late Wednesday. AP Business Writers Matt Ott and Elaine Kurtenbach contributed.Former President Jimmy Carter, our nation’s 39th chief executive, dies at 100
Buffalo Next: What's happening in Buffalo Niagara business in the coming week?AMESBURY, Mass. , Dec. 2, 2024 /PRNewswire/ -- Provident Bancorp, Inc. (the "Company") (Nasdaq:PVBC), the holding company for BankProv (the "Bank"), today announced that its Board of Directors has adopted a new stock repurchase program. Under the repurchase program, the Company may repurchase up to 883,366 shares of its common stock, or approximately five percent of the current outstanding shares. The repurchase program was adopted following the receipt of non-objection from the Federal Reserve Bank of Boston . The repurchase program permits shares to be repurchased in open market or private transactions, through block trades, and pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Securities and Exchange Commission. Repurchases will be made at management's discretion at prices management considers to be attractive and in the best interests of both the Company and its stockholders, subject to the availability of stock, general market conditions, the trading price of the stock, alternative uses for capital, and the Company's financial performance. Open market purchases will be conducted in accordance with the limitations set forth in Rule 10b -18 of the Securities and Exchange Commission and other applicable legal requirements. The repurchase program may be suspended, terminated or modified at any time for any reason, including market conditions, the cost of repurchasing shares, the availability of alternative investment opportunities, liquidity, and other factors deemed appropriate. These factors may also affect the timing and amount of share repurchases. The repurchase program does not obligate the Company to purchase any particular number of shares. About Provident Bancorp, Inc. Provident Bancorp, Inc. (NASDAQ:PVBC) is the holding company for BankProv, a full-service commercial bank headquartered in Massachusetts . With retail branches in the Seacoast Region of Northeastern Massachusetts and New Hampshire , as well as commercial banking offices in the Manchester / Concord market in Central New Hampshire , BankProv delivers a unique combination of traditional banking services and innovative financial solutions to its markets. Founded in Amesbury, Massachusetts in 1828, BankProv holds the honor of being the 10th oldest bank in the nation. The Bank insures 100% of deposits through a combination of insurance provided by the Federal Deposit Insurance Corporation (FDIC) and the Depositors Insurance Fund (DIF). For more information, visit bankprov.com . Forward-Looking Statements This news release may contain certain forward-looking statements, such as statements of the Company's or the Bank's plans, objectives, expectations, estimates and intentions. Forward-looking statements may be identified by the use of words such as, "expects," "subject," "believe," "will," "intends," "may," "will be" or "would." These statements are subject to change based on various important factors (some of which are beyond the Company's or the Bank's control), and actual results may differ materially. Accordingly, readers should not place undue reliance on any forward-looking statements (which reflect management's analysis of factors only as of the date on which they are given). These factors include: general economic conditions; interest rates; inflation; levels of unemployment; legislative, regulatory and accounting changes; monetary and fiscal policies of the U.S. Government, including policies of the U.S. Treasury and the Board of Governors of the Federal Reserve Bank; deposit flows; our ability to access cost-effective funding; changes in liquidity, including the size and composition of our deposit portfolio and the percentage of uninsured deposits in the portfolio; changes in consumer spending, borrowing and savings habits; competition; our ability to successfully shift the balance sheet to that of a traditional community bank; real estate values in the market area; loan demand; the adequacy of our level and methodology for calculating our allowance for credit losses; changes in the quality of our loan and securities portfolios; the ability of our borrowers to repay their loans; our ability to retain key employees; failures or breaches of our IT systems, including cyberattacks; the failure to maintain current technologies; the ability of the Company or the Bank to effectively manage its growth; global and national war and terrorism; the impact of the COVID-19 pandemic or any other pandemic on our operations and financial results and those of our customers; and results of regulatory examinations, among other factors. The foregoing list of important factors is not exclusive. Readers should carefully review the risk factors described in other documents that the Company files from time to time with the Securities and Exchange Commission, including Annual and Quarterly Reports on Forms 10-K and 10-Q, and Current Reports on Form 8-K. Investor contact: Joseph Reilly President and Chief Executive Officer Provident Bancorp, Inc. jreilly@bankprov.com View original content to download multimedia: https://www.prnewswire.com/news-releases/provident-bancorp-inc-adopts-stock-repurchase-program-302320082.html SOURCE Provident Bancorp, Inc.Ohio State Buckeyes athletic director Ross Bjork claims head coach Ryan Day has nothing to worry about before the College Football Playoff. Questions about Day's job security arose after the Buckeyes lost a fourth straight game to rival Michigan in their regular-season finale. On Thursday, Bjork said Day doesn't need to win the national championship to save his job, and he will "absolutely" be their HC next season. "Coach Day is awesome," Bjork told WBNS-FM in Columbus . "He's great to work with. He totally gets it. He loves being a Buckeye. And so we're going to support him at the highest level throughout." Bjork is in his first year as Ohio State's AD after spending five years at Texas A&M. Perhaps he doesn't understand how much the Buckeyes' rivalry with the Wolverines means to their fan base. Regardless, he insists the program is still in a great position. "We're still breathing. We're still alive. The season's not over. The book is not closed," Bjork said. "We've got to have confidence. I mean, Ohio State should be confident every single day. We're Ohio State." The Buckeyes remain one of the preeminent programs in college football. In six seasons with Day as HC, they've produced many NFL stars, including New York Jets wide receiver Garrett Wilson and Houston Texans quarterback C.J. Stroud. Still, Day is 1-3 in the CFP, and the Buckeyes haven't won a national title since 2014. According to ESPN's Jake Trotter , Ohio State invested $20M into its roster in 2024. If Day loses in the first round of the CFP, that would further prove he struggles to deliver in big games despite having elite talent. No. 8 seed Ohio State hosts No. 9 Tennessee in the first round of the CFP on Dec. 21. Day better not flop. If he does, Bjork should reconsider his stance. The Buckeyes can't keep giving Day a boatload of resources only for him to keep producing the same results.
Former President Jimmy Carter, the 39th president of the United States who dedicated his life after leaving office to brokering international peace, has died at age 100, his office confirmed Sunday. Carter had been receiving hospice care since February 2023 at his home in Plains, Georgia, where he lived with his wife of , Rosalynn Carter. The Nov. 19, 2023, two days after her family said she . “They are still holding hands,” the couple’s grandson, Josh Carter, told in August 2023. “It’s just amazing.” In February 2023, the Carter Center that the former president had “decided to spend his remaining time at home with his family and receive hospice care instead of additional medical intervention” following a series of short hospital stays. “He has the full support of his family and his medical team,” the statement said. President Joe Biden offered his prayers to Carter at the time, : “We admire you for the strength and humility you have shown in difficult times. May you continue your journey with grace and dignity, and God grant you peace.” Days before his 99th birthday and seven months after he entered hospice, the riding in an SUV at the Plains Peanut Festival in Georgia. In October 2024, for Carter’s 100th birthday, Biden recognized him in shared with CBS News, saying, “Mr. President, you’ve always been a moral force for our nation and the world. I recognized that as a young senator. That’s why I supported you so early. You’re a voice of courage, conviction, compassion, and most of all, a beloved friend of Jill and me and our family.” Carter was to reach their 100th birthday. A Georgia native and a Democrat, Carter was elected president in 1976, defeating the Republican incumbent, Gerald Ford, in the aftermath of the Watergate scandal. Carter served one term before losing re-election in 1980 to Ronald Reagan, his bid hobbled by an inability to resolve the Iran hostage crisis, a standoff that lasted 444 days. Carter also was awarded the Nobel Peace Prize in 2002 for his human rights work around the world. The oldest living former president since the death of George H.W. Bush in 2018 at 94, Carter was the first American president to have been . Only 56 years old when he left the Oval Office, Carter would spend the next four decades focusing on good works that made him an almost universally revered figure, sometimes called America’s greatest ex-president — a sharp contrast to his relatively low popularity when he exited the White House in January 1981. For years, he and his wife could be found on construction sites hoisting beams and pounding nails to build homes for the disadvantaged with the nonprofit organization Habitat for Humanity. Around the world, Carter was recognized after his presidency for his tireless work promoting peaceful resolutions to conflict and advancing democracy, human rights and social justice, primarily through the Carter Center, which he and the former first lady established at Emory University in Atlanta in 1982. Working through the center, the Carters traveled to developing countries to monitor elections, help build democratic institutions, lobby for victims of human rights abuses and spearhead efforts to eradicate diseases. In February 1986, Carter secured the release of the journalist Luis Mora and the labor leader José Altamirano from prison in Nicaragua. In 1994, he traveled to North Korea at the request of then-President Bill Clinton and soon announced the negotiation of a “treaty of understanding” with the then-leader of North Korea, Kim Il Sung. Carter was also credited with having helped to persuade Egypt and Tunisia to ease violence in the Great Lakes Region of Africa in 1996, and he helped to negotiate the Nairobi Agreement to end the war between Sudan and Uganda in northern Uganda in 1999. In 2002, Carter was awarded the Nobel Peace Prize “for his decades of untiring effort to find peaceful solutions to international conflicts” and his “outstanding commitment to human rights.” For Carter, the award was something of a mark of rehabilitation after a presidency that ended with one of the , averaging just 45.5% over his single term in office, according to Gallup. In 1978, President Carter brokered the Camp David Accords, a historic peace treaty between Israel and Egypt. The deal, which capped 16 months of negotiations, led to Egyptian President Anwar Sadat and Israeli Prime Minister Menachem Begin winning the Nobel Peace Prize in 1978. Many historians also credit the Carter administration with having been at the forefront of events that led to the dissolution of the Soviet Union in 1991. Carter and his hard-line national security adviser, Zbigniew Brzezinski, used human rights to put Moscow on the ideological defensive, and their forceful support for Lech Walesa’s Solidarity movement in Poland helped to fuel a revolutionary wave in Eastern Europe that eventually sparked the fall of communism. But Carter was often characterized as an ineffectual micromanager whose efforts to rally the American people during a time of economic recession and energy shortages landed with a thud. He was mocked for wearing sweaters in the White House to encourage Americans to turn down their thermostats in the winter to conserve energy, and his declaration in a nationally televised address in July 1979 that the United States was suffering a “crisis of confidence” was widely panned, given that it came after 21⁄2 years into his leadership. It came to be known as Carter’s “malaise” speech, even though he never used the word. Reagan would present himself as the sunny alternative to Carter’s scolding demeanor to win the 1980 election in a landslide. In addition, Carter’s decision to boycott the 1980 Summer Olympics in Moscow in protest of the Russian invasion of Afghanistan was popular domestically, but it remains controversial among historians, with some characterizing it as a missed opportunity to open warmer relations with Moscow and others declaring that it led to a decade of intensified Soviet repression before the fall of the Berlin Wall in 1989. The final year of Carter’s presidency was dogged by the Iran hostage crisis, which began Nov. 4, 1979, when Iranian students took more than 60 U.S. hostages at the U.S. Embassy in Tehran after Carter had allowed the deposed shah of Iran to receive medical treatment in the United States on humanitarian grounds. In April 1980, Carter sent an elite rescue team into the embassy compound, but a desert sandstorm crippled several of the military helicopters. One of them crashed into a transport plane on takeoff, killing eight U.S. service members and leading Carter to abort the mission. The debacle prompted Iran’s supreme leader, Ayatollah Ruhollah Khomeini, to order the hostages scattered among numerous locations to prevent another rescue attempt, and it gave him more ammunition with which to denounce the United States as “the Great Satan.” An official investigation into the rescue attempt found major deficiencies in planning, command and control, and identified critical shortcomings in communication and coordination among the U.S. military branches, bolstering perceptions of Carter as a weak leader and leading to the passage of the Goldwater–Nichols Act, which ordered a top-to-bottom reorganization of the Department of Defense in 1986. Fifty-two of the hostages would remain captive for 444 days, each day ticked off by Walter Cronkite at the end of the “CBS Evening News,” until they were released on Jan. 20, 1981 — the day Reagan was inaugurated as president. James Earl Carter Jr. was born Oct. 1, 1924, in the tiny Sumter County town of Plains in southwest Georgia, where he grew up on a peanut farm. His intellect was recognized early, and he was appointed to the U.S. Naval Academy He graduated in 1946 and the same year married Rosalynn Smith, a 19-year-old childhood friend who was a star student at Plains High School. Carter became a submariner in the Navy, where he was spotted by Adm. Hyman Rickover, who is considered the father of the U.S. nuclear submarine program. Rickover selected Carter as an aide and assigned him to Schenectady, New York, where the family relocated while Carter studied reactor technology and nuclear physics at the Union Graduate College. Eventually, Carter would become a senior officer of the USS Seawolf, the United States’ second nuclear submarine. Speaking of Rickover in a 1984 interview with CBS’s “60 Minutes,” Carter said, “There were a few times when I hated him, because he demanded more from me than I thought I could deliver.” Carter appeared set for a stellar military career under Rickover’s tutelage, but in 1953, he left the Navy after the death of his father, returning to Georgia to run the family peanut business. As the company grew, Carter became prominent in south Georgia politics, speaking out as a rare advocate of civil rights in church addresses and as chairman of the Sumter County School Board. He was elected as a Democrat to the state Senate in 1962 in a special election after he challenged his defeat in what an investigation revealed to have been a fraudulent vote. Carter rose quickly, becoming a member of the Democratic Executive Committee and chairman of the Senate Education Committee in just his second two-year term. After just four years in the Senate, Carter launched a campaign for governor, losing the Democratic primary but winning enough votes to force a runoff between the presumed front-runner and an outlandish segregationist chicken-restaurant owner, Lester Maddox. Maddox would win the runoff and the general election. Carter tried again in 1970, this time compromising his civil rights record by declaring himself “basically a redneck” and complimenting the divisive Maddox — who was famous for having used an ax handle as a weapon to drive Black activists from his restaurant in 1964 — for being “steadfast” and “honorable” in his beliefs. “Carter, believe it or not, ran a segregated race, one that he was connected with George Wallace of Alabama,” with The Atlanta Journal-Constitution, adding that Carter “hoodwinked enough people to make them believe” that he would work to undermine integration. “I can win this election without a single Black vote,” in July 1970. Carter was forced into a runoff in the Democratic primary, which he easily won. And then he changed strategy to one he would use for the rest of his career — reaching out to Black voters and campaigning in Black churches and easily defeating a Republican news broadcaster in the general election. In his 2014 biography, “ ,” the Dartmouth College religion historian Randall Balmer wrote that Carter regretted the 1970 campaign for the rest of his life. Barred from running for re-election as governor in 1974 and seizing on the opening left by disarray in both major parties after the Watergate scandal, Carter leaped into the 1976 presidential campaign, starting out near the bottom of the polls in a Democratic field of more than a dozen candidates. He was generally derided as “Jimmy who?” Relying on his reputation as a reformer with deep ties in the Baptist church and promising voters “I will never lie to you” — and capitalizing on political cartoonists’ depictions of him as a peanut with a big smile by adopting them in his campaign — Carter entered a record number of state primaries and caucuses. He campaigned tirelessly in Black and other minority communities and slowly chipped away at the opposition. Turning back a liberal “Anybody But Carter” movement led by California Gov. Jerry Brown and Sen. Frank Church, D-Idaho, he had by June wrapped up the nomination. Helped by a colossal blunder by the Republican vice presidential nominee, Sen. Bob Dole of Kansas — who dismissed the U.S.-led victories in both World War I and World War II as “Democrat wars” — Carter defeated President Ford with 50.1% of the vote. Carter took pains to project a modest image to a scandal-weary nation. He walked down Pennsylvania Avenue during his inaugural parade. He carried his own bags on Air Force One. And there were his constant messages to Americans that he couldn’t address the nation’s problems alone, often in self-effacing sweater-wearing public appearances. Throughout his busy post-presidency, Carter wrote — a lot. He wrote more than two dozen books, some with his wife. And as always, his faith, and his humble roots, remained his guides. He continued to teach Sunday school at his hometown church, Maranatha Baptist Church in Plains, until the in early 2020, forcing him and his wife to forgo most public engagements. Carter still participated in church activities by video amid the pandemic. “When I got through being governor, I went back to Plains,” . “When I got through being president, I went back to Plains, and now no matter where we are in the world, you look forward to getting back home to Plains.” Carter was the only living president aside from Donald Trump President Joe Biden’s inauguration in 2021, due to the pandemic. It was the first inauguration Carter had missed as a former president. President Biden and first lady Jill Biden to the Carters in Georgia in April 2021. “We sat and talked about the old days,” Biden said afterward. Carter was diagnosed with in 2015, a virulent form of skin cancer that had spread to his liver and his brain. He underwent experimental treatment with the immunotherapy drug pembrolizumab, also known as Keytruda, and a few months later, he announced that doctors had ended his treatments after having found . Carter spent much of the second half of 2019, right before the pandemic hit, in the hospital for brain surgery, infections and that resulted in a broken hip and pelvis. He was back teaching Sunday school at the Maranatha Baptist Church two weeks after he fractured his pelvis. He told the congregation at the time that since doctors told him in 2015 that cancer had spread to his brain, he had been “absolutely and completely at ease with death.”Jimmy Carter dies: The 39th U.S. president and global humanitarian was 100PSG ease 3-0 past Toulouse
Committee backs bill to formalise role of export industries in pay formationA fireworks explosion injured at least 30 individuals on Thursday during the Virgin of Guadalupe festivities at a church in Guerrero, Mexico, according to local authorities. The explosion occurred in Tlalchapa, with three critically injured children being airlifted to a specialized hospital. The state government provided facilities for their transfer, and others with minor injuries received care at local hospitals. Governor Evelyn Salgado emphasized her involvement via social media. The incident underscores the dangers that accompany fireworks during traditional celebrations, prompting health officials to issue safety warnings, particularly concerning children. (With inputs from agencies.)M3 Group Joins MEDIROM Mother Labs' Series A Financing Round at JPY9 Billion (as of December 1, 2024, approximately USD $59,000,000) Pre-Money Valuation
For Makenzie Gilkison, spelling is such a struggle that a word like rhinoceros might come out as “rineanswsaurs” or sarcastic as “srkastik.” The 14-year-old from suburban Indianapolis can sound out words, but her dyslexia makes the process so draining that she often struggles with comprehension. “I just assumed I was stupid,” she recalled of her early grade school years. But assistive technology powered by artificial intelligence has helped her keep up with classmates. Last year, Makenzie was named to the National Junior Honor Society. She credits a customized AI-powered chatbot, a word prediction program and other tools that can read for her. “I would have just probably given up if I didn’t have them,” she said. Artificial intelligence holds the promise of helping countless other students with a range of visual, speech, language and hearing impairments to execute tasks that come easily to others. Schools everywhere have been wrestling with how and where to incorporate AI , but many are fast-tracking applications for students with disabilities. Getting the latest technology into the hands of students with disabilities is a priority for the U.S. Education Department, which has told schools they must consider whether students need tools like text-to-speech and alternative communication devices. New rules from the Department of Justice also will require schools and other government entities to make apps and online content accessible to those with disabilities. There is concern about how to ensure students using it — including those with disabilities — are still learning. Students can use artificial intelligence to summarize jumbled thoughts into an outline, summarize complicated passages, or even translate Shakespeare into common English. And computer-generated voices that can read passages for visually impaired and dyslexic students are becoming less robotic and more natural. “I’m seeing that a lot of students are kind of exploring on their own, almost feeling like they’ve found a cheat code in a video game,” said Alexis Reid, an educational therapist in the Boston area who works with students with learning disabilities. But in her view, it is far from cheating : “We’re meeting students where they are.” Ben Snyder, a 14-year-old freshman from Larchmont, New York, who was recently diagnosed with a learning disability, has been increasingly using AI to help with homework. “Sometimes in math, my teachers will explain a problem to me, but it just makes absolutely no sense,” he said. “So if I plug that problem into AI, it’ll give me multiple different ways of explaining how to do that.” He likes a program called Question AI. Earlier in the day, he asked the program to help him write an outline for a book report — a task he completed in 15 minutes that otherwise would have taken him an hour and a half because of his struggles with writing and organization. But he does think using AI to write the whole report crosses a line. “That’s just cheating,” Ben said. Schools have been trying to balance the technology’s benefits against the risk that it will do too much. If a special education plan sets reading growth as a goal, the student needs to improve that skill. AI can’t do it for them, said Mary Lawson, general counsel at the Council of the Great City Schools. But the technology can help level the playing field for students with disabilities, said Paul Sanft, director of a Minnesota-based center where families can try out different assistive technology tools and borrow devices. “There are definitely going to be people who use some of these tools in nefarious ways. That’s always going to happen,” Sanft said. “But I don’t think that’s the biggest concern with people with disabilities, who are just trying to do something that they couldn’t do before.” Another risk is that AI will track students into less rigorous courses of study. And, because it is so good at identifying patterns , AI might be able to figure out a student has a disability. Having that disclosed by AI and not the student or their family could create ethical dilemmas, said Luis Pérez, the disability and digital inclusion lead at CAST, formerly the Center for Applied Specialized Technology. Schools are using the technology to help students who struggle academically, even if they do not qualify for special education services. In Iowa, a new law requires students deemed not proficient — about a quarter of them — to get an individualized reading plan. As part of that effort, the state’s education department spent $3 million on an AI-driven personalized tutoring program. When students struggle, a digital avatar intervenes. More AI tools are coming soon. The U.S. National Science Foundation is funding AI research and development. One firm is developing tools to help children with speech and language difficulties. Called the National AI Institute for Exceptional Education, it is headquartered at the University of Buffalo, which did pioneering work on handwriting recognition that helped the U.S. Postal Service save hundreds of millions of dollars by automating processing. “We are able to solve the postal application with very high accuracy. When it comes to children’s handwriting, we fail very badly,” said Venu Govindaraju, the director of the institute. He sees it as an area that needs more work, along with speech-to-text technology, which isn’t as good at understanding children’s voices, particularly if there is a speech impediment. Sorting through the sheer number of programs developed by education technology companies can be a time-consuming challenge for schools. Richard Culatta, CEO of the International Society for Technology in Education, said the nonprofit launched an effort this fall to make it easier for districts to vet what they are buying and ensure it is accessible. Makenzie wishes some of the tools were easier to use. Sometimes a feature will inexplicably be turned off, and she will be without it for a week while the tech team investigates. The challenges can be so cumbersome that some students resist the technology entirely. But Makenzie’s mother, Nadine Gilkison, who works as a technology integration supervisor at Franklin Township Community School Corporation in Indiana, said she sees more promise than downside. In September, her district rolled out chatbots to help special education students in high school. She said teachers, who sometimes struggled to provide students the help they needed, became emotional when they heard about the program. Until now, students were reliant on someone to help them, unable to move ahead on their own. “Now we don’t need to wait anymore,” she said. This story corrects that Pérez works for CAST, formerly the Center for Applied Specialized Technology, not the Center for Accessible Technology. The Associated Press’ education coverage receives financial support from multiple private foundations. AP is solely responsible for all content. Find AP’s standards for working with philanthropies, a list of supporters and funded coverage areas at AP.org .
NoneTopline Jimmy Carter, the Georgia peanut farmer who had the lowest approval ratings of a post-war U.S. president except for Donald Trump and Harry Truman during his one term in office, but gained wide respect in the decades after he left office for his humanitarian work, died Sunday at the age of 100, his foundation announced . Key Facts Get Forbes Breaking News Text Alerts: We’re launching text message alerts so you'll always know the biggest stories shaping the day’s headlines. Text “Alerts” to (201) 335-0739 or sign up here . Crucial Quote In 1976, Carter ran as an outsider who campaigned on Americans’ frustrations with Nixon and his corruption. “There are a lot of things I would not do to be president,” Carter said during the presidential campaign in 1976. “I will never make a misleading statement. I will never lie to you.” Ranked around 12th in early polling, Carter leapfrogged former Alabama Governor George Wallace and former nominee Hubert Humphrey to win the 1976 Democratic primary. Surprising Fact Carter is the only president in history to serve a full term in office and not appoint a Supreme Court justice, and the only president to have lived in subsidized housing before he took office. Big Number 4,390. That’s how many homes Carter built for Habitat For Humanity during his lifetime, according to the organization. Key Background Carter was born in Plains, Georgia, in 1924. His father, James Earl Carter Sr., was a farmer who was heavily involved in local politics, while his mother, Lillian Gordy Carter, was a nurse. Carter graduated from the United States Naval Academy in 1946, before marrying Rosalynn Smith. After graduating from the Naval Academy, Carter served on submarines, and was later commissioned to work on an upstart nuclear submarine program. Following his father’s death in 1953, Carter received a release from active duty to return to Plains to run the family peanut farm. Carter then got involved in local politics, serving on the Sumter County school board, and was elected to the Georgia state Senate in 1963. He ran for Georgia governor in 1966 and lost, before he ran successfully in 1970. Carter’s mixed record on race has drawn scrutiny since leaving office. During the 1960s, Carter remained mostly on the sidelines of civil rights issues as seismic events took place in his home state. During his 1970 run for governor, Carter employed controversial dog whistle campaign tactics to win the support of conservative rural voters, an issue he was uncomfortable talking about even at the end of his life. In his inaugural speech as governor in 1970, Carter famously told the crowd, “The time for racial discrimination is over,” prompting several supporters to walk out in protest. The speech helped elevate Carter to national attention—he appeared on the cover of Time Magazine in 1971—which he used as a springboard to run for president in 1976. As president, Carter changed the makeup of the federal judiciary by tripling the number of minority judges and signed legislation to restrict racist mortgage lending practices. He created two Cabinet-level departments: the Department of Energy and the Department of Education. In 2002, Carter was awarded the Nobel Peace Prize "for his decades of untiring effort to find peaceful solutions to international conflicts, to advance democracy and human rights, and to promote economic and social development." In February 2023, the Carter Center announced Carter, then 98 years old, had decided to “spend his remaining time at home with his family” and receive hospice care instead of additional medical intervention. The former president previously suffered from other health issues, including melanoma that spread to his liver and brain in 2015, though doctors announced later that year he was cancer-free. He underwent surgery in 2019 to alleviate pressure on his brain before suffering a minor pelvic fracture and injuring his forehead—requiring 14 stitches—in a series of falls that year. Tangent In 2019, Carter suggested then-President Donald Trump was an illegitimate president “because the Russians interfered on his behalf.” Trump, responding to the former president’s comments, said Carter was a "nice man, terrible president." Carter and his wife, Rosalynn, did not attend President Joe Biden’s inauguration ceremony after spending most of their time at home during the pandemic. Further Reading
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Cardio Diagnostics Holdings, Inc. ( NASDAQ:CDIO – Get Free Report ) was the recipient of a large growth in short interest during the month of December. As of December 15th, there was short interest totalling 3,480,000 shares, a growth of 124.5% from the November 30th total of 1,550,000 shares. Approximately 9.5% of the shares of the stock are sold short. Based on an average daily volume of 6,750,000 shares, the short-interest ratio is presently 0.5 days. Cardio Diagnostics Stock Down 5.6 % CDIO stock opened at $0.93 on Friday. The stock’s 50 day moving average price is $0.52 and its 200 day moving average price is $0.45. Cardio Diagnostics has a 1 year low of $0.19 and a 1 year high of $3.56. Cardio Diagnostics Company Profile ( Get Free Report ) See Also Receive News & Ratings for Cardio Diagnostics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cardio Diagnostics and related companies with MarketBeat.com's FREE daily email newsletter .None
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