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Carolina Hurricanes forward Andrei Svechnikov will have season-ending reconstructive surgery on Thursday to repair his right ACL.
Svechnikov, 22, sustained the injury in the Hurricanes’ 4-0 loss to the Vegas Golden Knights on Saturday. In addition to missing the remainder of the regular season, Svechnikov will also be sidelined for the playoffs.
Carolina is currently 44-14-8, in first place in the Metropolitan Division and in second in the Eastern Conference.
“After further consultation with global experts in this field, it has been determined that the best course of action for Andrei’s future is to have this surgery, and to have it done by our team orthopedist, Dr. Marty Isbell,” Carolina general manager Don Waddell said in a statement. “We’re confident that Andrei will make a full recovery.”
Svechnikov had 55 points (23 goals, 32 assists) in 64 games this season.
In 347 career games, Svechnikov has 264 points (112 goals, 152 assists). He was selected by Carolina with the No. 2 overall pick in the 2018 draft.
The introduction of GPT-4 has been confirmed by Microsoft (MSFT) CTO Andreas Braun. The next edition of OpenAI’s Big Language Model, GPT-4, is expected to be substantially more potent than GPT-3.5, which drives ChatGPT as it is currently configured.
Microsoft Germany’s Chief Technical Officer, Andreas Braun, recently reaffirmed that GPT-4 will be introduced the following week (beginning March 19, 2023). In comparison to the present GPT-3.5 model, GPT-4 will provide “totally different possibilities,” including video.
GPT-4 will contain “multimodal models,” which enable the creation of various sorts of material, including video, in addition to being more powerful.
Earlier this year, Microsoft unveiled the new Bing powered by ChatGPT. OpenAI’s technology is used by the redesigned search engine and other of its AI tools to answer queries and produce content. Microsoft has already acknowledged that the new Bing is powered by GPT-4.
Before Microsoft made the new Bing official, there was rumor that GPT-4 would power the search engine. Yet, Microsoft did not claim such to be the case. It appears that the delay was caused by GPT-4 not being ready for announcement.
Open AI announced, “We’ve created GPT-4, the latest milestone in OpenAI’s effort in scaling up deep learning. GPT-4 is a large multimodal model (accepting image and text inputs, emitting text outputs) that, while less capable than humans in many real-world scenarios, exhibits human-level performance on various professional and academic benchmarks.”
With a long-awaited reduction in the price of the essential food that has been devastated by the world’s worst avian flu outbreak, egg prices fell for the first time in five months. Eggs were up 55% since the flu outbreak started. Cleanup costs for farmers come at a prohibitive cost, which trickles down to the consumer.
Eggs are highly popular because they are a main source of protein for breakfast and high in nutrients. Eggs are also highly nutrient-dense because they are packed with protein, good fats, and vitamins A, D, and E as well as choline, iron, and folate.
According to Labor Department data issued on Tuesday, prices dropped 6.7% last month, and decreases in orange and bacon prices will help to make breakfast a little less expensive in the US. While avian influenza killed tens of millions of chickens, egg prices recently reached a record high.
Even yet, the CPI index for food rose by 0.4% rather than the 0.5% that it did in January. It coincided with rising prices for items like meat, ham, potatoes, and bread, which helped to drive up inflation rates throughout the US economy. Frozen vegetables are at an all-time high.
Consumer Price Index (CPI) data for February from the Bureau of Labor Statistics (BLS) shows that food prices have increased by 10.2% from February 2022. Costs are up 0.3%, which is less than last month when the cost of food consumed at home increased by 0.4% from December 2022.
The Bureau of Labor Statistics reported, “The Prices for food at home up 13.5 percent for year ended August 2022. The Consumer Price Index for All Urban Consumers increased 8.3 percent for the year ended August 2022. Over that period, prices for food at home increased 13.5 percent, the largest 12-month percentage increase since the period ending March 1979.”
Inflation in June of 2022 was as high as 9% and now hovers around 6%.
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PENTAGON – The U.S. military says a Russian fighter jet collided Tuesday with a U.S. intelligence, surveillance, and reconnaissance drone operating within international airspace over the Black Sea, causing the drone to crash.
A U.S. military official told VOA the unmanned U.S. MQ-9 has not yet been recovered.
State Department spokesperson Ned Price said the United States is summoning the Russian ambassador over the incident.
“We are engaging directly with the Russians, again at senior levels, to convey our strong objections to this unsafe, unprofessional intercept, which caused the downing of the unmanned U.S. aircraft.”
He added that U.S. Ambassador to Russia Lynne Tracy “has conveyed a strong message to the Russian Ministry of Foreign Affairs.”
U.S. President Joe Biden was briefed about the incident, according to White House spokesman John Kirby.
“If the message [from Russia] is that they want to deter or dissuade us from flying and operating in international airspace over the Black Sea then that message will fail because that is not going to happen,” Kirby told VOA.
“We are going to continue to fly and operate in international airspace over international waters. The Black Sea belongs to no one nation and we’re going to continue to do what we need to do for our own national security interests in that part of the world.”
According to U.S. European Command, which oversees U.S. military operations in Europe, two Russian Su-27 aircraft “dumped fuel on and flew in front of the MQ-9 in a reckless, environmentally unsound and unprofessional manner.”
“One of the Russian Su-27 aircraft struck the propeller of the MQ-9, causing U.S. forces to bring the MQ-9 down in international waters. … This incident demonstrates a lack of competence in addition to being unsafe and unprofessional,” EUCOM added.
U.S. Air Force Gen. James B. Hecker, commander, U.S. Air Forces Europe and Air Forces Africa, said in a press release that the collision had “nearly caused both aircraft to crash.”
EUCOM called on Russian forces to act “professionally and safely,” while warning that these types of acts are “dangerous and could lead to miscalculation and unintended escalation.”
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Celebrity singer and songwriter Pink, also spelled P!nk, is known for her powerful voice, rock-influenced pop songs, and gymnastics-filled concerts. She has dabbled in acting and winemaking in addition to singing, and in 2013 she even bought her very own vineyard! P!nk’s ninth album, “Trustfall,” which includes the tracks “Never Gonna Not Dance Again,” and “When I Get There,” a memorial to her late father, has just been released.
In her acrobat-themed performances, the Lady Marmalade singer has advocated for a healthy lifestyle and displayed her extreme athleticism. Carey Hart, Pink’s longtime husband, also earned a livelihood by competing in extreme sports such as motocross.
It is safe to say that Pink’s life has been heavily influenced by topics related to fitness in many areas. The actress recently appeared on the cover of Women’s Health magazine last month, but over the weekend, she shared a picture from the shoot. Pink was seen in the social media photo smiling gorgeously while facing away from the camera. The native Philadelphian, who was dressed in a black coat and matching shoes, put her palms on her hips.
Pink acquired the “quarantine fifteen” during the pandemic because of binge eating and a taxing hip and double disc replacement procedure. Pink was unable to lose weight after returning to her daily routine.
The celebrity singer-dancer’s illness was the result of inflammation, which the Kushi diet with anti-inflammatory qualities combats through its preventative eating regimen. Pink drank apple cider vinegar before every meal and avoided drinking anything while she was dining. She consumed whole foods, such as cereals, legumes, and beans, which calmed her body and reduced inflammation. Additionally, during the encounter, mindfulness and meditation were practiced. After returning home from the health retreat, the singer finished writing and recording Trustfall with a fresh outlook.
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Asserting that the pharmacy chain Rite Aid (RAD) illegally filled hundreds of thousands of prescriptions for banned narcotics, including opioids, the U.S. government filed a lawsuit against Rite Aid Corp. on Monday.
The United States has filed a complaint in intervention in a false claims act (FCA) lawsuit brought by a whistleblower against Rite Aid Corporation and various subsidiaries (collectively, Rite Aid), alleging that Rite Aid knowingly filled illegal prescriptions for controlled substances, the Justice Department announced today. The government’s case asserts allegations under the FCA as well as violations of the Controlled Substances Act (CSA). With more than 2,200 locations across 17 states, Rite Aid is one of the biggest pharmacy chains in the nation.
Rite Aid pharmacists were accused of ignoring obvious signs of misuse, including in prescriptions for “trinities,” a combination of opioids, benzodiazepine, and muscle relaxants preferred by drug abusers for their increased euphoric effect.
“The Justice Department is using every tool at our disposal to confront the opioid epidemic that is killing Americans and shattering communities across the country,” said Attorney General Merrick B. Garland. “That includes holding corporations, like Rite Aid, accountable for knowingly filling unlawful prescriptions for controlled substances.”
“We allege that Rite Aid filled hundreds of thousands of prescriptions that did not meet legal requirements,” said Associate Attorney General Vanita Gupta. “According to our complaint, Rite Aid’s pharmacists repeatedly filled prescriptions for controlled substances with obvious red flags, and Rite Aid intentionally deleted internal notes about suspicious prescribers. These practices opened the floodgates for millions of opioid pills and other controlled substances to flow illegally out of Rite Aid’s stores.”
The government’s complaint alleges that, from May 2014 through June 2019, Rite Aid knowingly filled at least hundreds of thousands of unlawful prescriptions for controlled substances that lacked a legitimate medical purpose, were not for a medically accepted indication, or were not issued in the usual course of professional practice.
These unlawful prescriptions included, for example, prescriptions for the dangerous and highly abused combination of drugs known as “the trinity,” prescriptions for excessive quantities of opioids, such as oxycodone and fentanyl, and prescriptions issued by prescribers whom Rite Aid pharmacists had repeatedly identified internally as writing illegitimate prescriptions.
The government alleges that Rite Aid pharmacists filled these prescriptions despite clear “red flags” that were highly indicative that the prescriptions were unlawful. The government further alleges that Rite Aid not only ignored substantial evidence from multiple sources that its stores were dispensing unlawful prescriptions, including from certain pharmacists, its distributor, and its own internal data, but compounded its failure to act by intentionally deleting internal notes about suspicious prescribers written by Rite Aid pharmacists and directing district managers to tell pharmacists “to be mindful of everything that is put in writing.”
By knowingly filling unlawful prescriptions for controlled substances, the government alleges that Rite Aid violated the CSA and, where Rite Aid sought reimbursement from federal healthcare programs, also violated the FCA.
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Image: Wikimedia Coolcaesar SVB Bank 3003 Tasman Drive in Santa Clara, California
Following Silicon Valley Bank’s unexpected collapse, the Federal Reserve declared on Monday that it has started an examination of the lender’s supervision and regulation.
The following statement was released by Secretary of the Treasury Janet L. Yellen, Federal Reserve Board Chair Jerome H. Powell, and FDIC Chairman Martin J. Gruenberg: Today we are taking decisive actions to protect the U.S. economy by strengthening public confidence in our banking system. This step will ensure that the U.S. banking system continues to perform its vital roles of protecting deposits and providing access to credit to households and businesses in a manner that promotes strong and sustainable economic growth.
After receiving a recommendation from the boards of the FDIC and the Federal Reserve, and consulting with the President, Secretary Yellen approved actions enabling the FDIC to complete its resolution of Silicon Valley Bank, Santa Clara, California, in a manner that fully protects all depositors. Depositors will have access to all of their money starting Monday, March 13. No losses associated with the resolution of Silicon Valley Bank will be borne by the taxpayer.
We are also announcing a similar systemic risk exception for Signature Bank, New York, New York, which was closed today by its state chartering authority. All depositors of this institution will be made whole. As with the resolution of Silicon Valley Bank, no losses will be borne by the taxpayer.
Shareholders and certain unsecured debtholders will not be protected. Senior management has also been removed. Any losses to the Deposit Insurance Fund to support uninsured depositors will be recovered by a special assessment on banks, as required by law.
Finally, the Federal Reserve Board on Sunday announced it will make available additional funding to eligible depository institutions to help assure banks have the ability to meet the needs of all their depositors.
The banking system remains resilient and on a solid foundation, in large part due to reforms that were made after the financial crisis that ensured better safeguards for the banking industry. Those reforms combined with today’s actions demonstrate our commitment to take the necessary steps to ensure that depositors’ savings remain safe. Source: Federal Reserve.
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Only a few days ago, Silicon Valley Bank and Signature Bank were hardly big names known to the average consumer. But now the housing market is experiencing the effects of the simultaneous collapse of both institutions. The collapse of these two banks caused the U.S. economy to experience new waves of uneasiness and caused mortgage rates to decrease.
According to Bankrate analysis, the benchmark 30-year fixed mortgage’s average rate dropped to 6.94 percent on Monday. That’s down from a rate of 7.13 percent Wednesday. After the SVB collapse, the housing market might be relieved of the unexpected Treasury market move.
The yield on 10-year Treasury bonds, which dropped on Monday to its lowest level since early February, is a key indicator of mortgage rates. The Federal Reserve’s activities, whether actual or telegraphed, have a significant impact on Treasury yields. Mortgage rates decrease along with falling Treasury yields.
Given that housing affordability is at its lowest point in decades, lower mortgage rates may offer some solace to prospective homeowners. The trend line is significant for homebuyers because the 10-year Treasury yield is a trustworthy predictor of future mortgage rates. Mortgage rates are mostly influenced by the investors who purchase mortgage-backed securities, who use the 10-year Treasury as a benchmark for the yield they anticipate from mortgages, even if the Federal Reserve sets the overall tone for interest rates.
One sort of mortgage rate relief–the eagerly anticipated lowering of mortgage spreads–could be sabotaged by the abrupt banking crisis. Insiders in the mortgage industry refer to this difference as “the spread,” and it normally ranges between 1.5 and 2 percentage points between 30-year mortgage rates and 10-year Treasury yields. For instance, if the yield on the 10-year note is 4%, the 30-year rate will normally be between 5.5 and 6%.
We’ll have the information we need and the required amount of cooling-off period between Tuesday’s CPI data and the Fed decision next week, giving us a much clearer idea of what the future holds.
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President Joe Biden signs S. 4524 “Speak Out Act,” Monday, December 5, 2022, in the Oval Office of the White House. (Official White House Photo by Adam Schultz)
President Joe Biden will sign an executive order requiring more gun purchases to undergo background checks. The executive order will tighten up background checks and bar unlicensed gun dealers from selling weapons.
Biden will sign the order while visiting Monterey Park, California, where he will meet with those affected by the January mass shooting that left 11 dead and 9 injured. The executive order, according to the White House, will get the United States “as near to universal background checks as possible” without new legislation.
In an effort to better structure the government to support communities affected by gun violence, Biden will order his Cabinet to develop a strategy. In ensuring that gun dealers with federal licenses understand that doing background checks is a requirement of their licensing, the plan will ask Attorney General Merrick Garland to strengthen the regulations.
Additionally, President Biden is requiring improved ballistics data reporting from federal law enforcement for a clearinghouse that enables federal, state, and local law enforcement to link shot casings to firearms. However, it is not mandatory for local and state law enforcement agencies to report ballistics data, and many do not, which reduces the effectiveness of the clearinghouse.
Section 1. Policy. Every few days in the United States, we mourn a new mass shooting. Daily acts of gun violence – including community violence, domestic violence, suicide, and accidental shootings – may not always make the evening news, but they too cut lives short and leave survivors and their communities with long-lasting physical and mental wounds. We cannot accept these facts as the enduring reality of life in America. Instead, we must together insist that we have had enough, and that we will no longer allow the interests of the gun manufacturers to win out over the safety of our children and Nation.
“I continue to call on the Congress to take additional action to reduce gun violence, including by banning assault weapons and high-capacity magazines, requiring background checks for all gun sales, requiring safe storage of firearms, funding my comprehensive Safer America Plan, and expanding community violence intervention and prevention strategies. In the meantime, my Administration will continue to do all that we can, within existing authority, to make our communities safer.” President Biden said.
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The 2026 World Cup will feature 104 matches due to the expanded format with 48 teams participating, global soccer governing body FIFA announced on Tuesday.
The plan to increase the number of matches from 64 (in the 32-team tournament in Qatar in 2022) was approved by FIFA’s Council at a meeting on Tuesday in Kigali, Rwanda.
The 2026 World Cup also will retain the four-team group pairings as opposed to opting for three-team groups.
“Based on a thorough review that considered sporting integrity, player welfare, team travel, commercial and sporting attractiveness, as well as team and fan experience, the FIFA Council unanimously approved the proposed amendment to the FIFA World Cup 2026 competition format from 16 groups of three to 12 groups of four with the top two and eight best third-placed teams progressing to a round of 32,” FIFA wrote on its official website. “The revised format mitigates the risk of collusion and ensures that all the teams play a minimum of three matches, while providing balanced rest time between competing teams.”
The 2026 World Cup final will take place on July 19.
The U.S. men’s national team, along with Mexico and Canada, automatically will qualify for the 2026 World Cup.
Those three countries won the right to host the World Cup in a united North American bid. FIFA historically has given host nations the right to play in the World Cup without going through the usual qualification tournaments, though this is the first time FIFA had to set aside three host bids.
