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Atonement author Ian McEwan has told aspiring young authors not to be afraid of offending readers with their writing amid a rise in the use of ‘sensitivity readers’ to comb through books to remove sensitive material. McEwan, 75, said writers should be able to express themselves freely without fear of reprisal — after classics by the likes of Roald Dahl and Ian Fleming were given the ‘sensitivity’ treatment earlier this year. Since mid-summer, the yield on the 10-year Treasury note has steadily climbed, causing a spillover rise in other borrowing costs.
The jump in longer-term rates coincides with other threats, from higher gas prices and this week´s resumption of student loan payments to autoworkers´ ongoing strike and the risk of a government shutdown next month. If you treasured this article and you would like to acquire more info concerning discuss kindly visit our own site. The costs of mortgages, auto loans and credit card debt have all risen in response. The collective impact of higher rates across the economy could also weaken the government´s own finances. WASHINGTON (AP) — Surging interest rates are intensifying the challenges for the U.S.
economy and threatening to derail the Federal Reserve´s drive to tame inflation without causing a deep recession. The maker of bleach and other household products says the attack has caused large-scale disruption of operations — and predicts a significant fall in sales for the first quarter of 2024. But hackers stole other personal information — including names, driver´s license numbers and social security numbers belonging to some customers who did business with MGM prior to March 2019.
Beyond the casino world, Clorox also disclosed a cyberattack recently. NEW YORK (AP) — The data breach that MGM Resorts is calling a cyberattack is expected to cost the casino giant more than $100 million. The Las Vegas-based company´s CEO Bill Hornbuckle says no customer bank account numbers or payment card information was compromised in the incident. ‘To have this moment where it feels like it was meant to be, but it wasn’t something that I was aiming for, feels so refreshing and amazing to, once again, like in the ’80s, have this multigenerational moment,’ she gushed.
The S&P 500 rose 1.2% after erasing an earlier drop of 0.9%. Stocks initially tumbled after the strong jobs report raised worries about upward pressure on inflation and the Federal Reserve keeping interest rates high. NEW YORK (AP) — Wall Street rallied in a whipsaw Friday and erased its morning losses after looking deeper into the nuances of a surprisingly strong report on the U.S. But Treasury yields pared their gains as the report also included some more encouraging nuggets for the Fed´s inflation fighters.
The Dow added 288 points, and the Nasdaq composite flipped to a gain of 1.6%. The S&P 500 rose 50.31 points, or 1.2%, to 4,308.50. The Nasdaq composite rose 211.51 points, or 1.6%, to 13,431.34 The Russell 2000 index of smaller companies rose 14.05 points, or 0.
