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by Genevieve Mina and Kathy Giessel Has been updated: 6 by the time release date: 6 by the timeA loaf of bread sells for $11.69 at Stuakpac grocery store in Uçgiagvik on Nov. 2, 2021. (Lauren Holmes/ADN) We Alaskans are busy people. Our short summers and fall are filled with beautiful, sunny days and plenty of food to harvest. Gardens are thriving, fish are swimming, whales are migrating offshore, and wildlife is growing and preparing for the fall hunt.When the snow melts, food becomes plentiful, and Alaskans have plenty to eat.Or is it?The Alaska Supplemental Nutrition Assistance Program (SNAP) is…
Election officials scan and count ballots for Alaska’s only special primary election for the U.S. House of Representatives at the state Department of Elections Region 2 office in Anchorage, Wednesday, June 15, 2022. (Bill Ross/ADN) In November 2022, in Alaska’s first election using a ranked choice voting system, Democrat Mary Peltola, a little-known former Alaska state representative from Bethel, was elected to replace Republican Don Young as Alaska’s sole U.S. representative in the House of Representatives.Two years later, Alaska Republican Party Chairwoman Carmela Warfield, still bewildered by Peltola’s victory, promised that the party would “use all of our resources to…
What drives you to succeed?Getty Starting a business can be a tricky proposition. Achieving success requires a mixture of grit, guts, talent, and luck in unpredictable proportions. For some, that inherent unpredictability means that the entire endeavor is more art than science, and the risk of failure can be mitigated but not avoided. If this is how you view entrepreneurship, you’re not wrong: the vast majority of startups never return a dime to their founders. However, this view is not necessarily correct. Not all founders fail in the same way. Many find a path to success with a consistency that…
The company’s sales are soaring thanks to the AI boom. The artificial intelligence (AI) market has exploded over the past year, and some of the companies benefiting from this growth are Micron Technology (MU -3.81%)The company’s sales are soaring because AI systems require huge amounts of computer memory and storage — exactly what Micron excels at. This has led to a phenomenal rise in the company’s stock price: Last July, Micron’s stock price hit a 52-week low of $60.50. A year later, the stock price has more than doubled, hitting a peak of $157.54 in June. However, Micron’s stock price…
Azimut Egypt announced on Saturday that it has received approval from the Financial Regulatory Authority (FRA) to launch the “azinvest” platform, a first-of-its-kind fully digital investment platform that provides access to Azimut’s range of investment funds and portfolios. The move also marks the issuance of the first fintech licenses in Egypt’s asset management industry. ‘azinvest’ will empower investors with one-click access to Azimut funds across various asset classes including money market, bonds, equities, multi-currency investments and gold. The platform leverages recent advances in the FRA’s regulatory framework governing the use of technology in the non-banking financial sector. This development is…
Wall Street ended the week higher during a holiday-shortened trading day, led by tech stocks. The Dow Jones Industrial Average was up less than 1% for the week. The S&P 500 and Nasdaq both closed at all-time highs on Friday, and were up about 2% and 3.5%, respectively, for the week. The first week of July continued the strength seen in June, the second quarter, and the first half of 2024. The S&P 500 Technology sector was the big winner last week, with Apple and Broadcom topping the club. Consumer Discretionary and Communications Services, featuring club names Meta Platforms and…
President Joe Biden needed a crucial interview with ABC News’ George Stephanopoulos to calm the clamor from Democratic insiders calling for him to step down. Not only that, Biden’s campaign was likely hoping his primetime appearance would bring a much-needed reset to a race that seemed stalled at best. A year ago, in July, multiple polls had Biden tied or leading Donald Trump by a few points. Now, the latest polls show Trump leading by as much as six points nationwide.Friday’s primetime event may or may not have felt like an improvement from last month’s painful debate fiasco. Social media…
The Supreme Court’s term, which ended this week, played out on a split screen, with justices issuing sweeping decisions that shifted the law sharply to the right, while outside the courtroom The judges New ethical doubts spark questions from critics About their fairness.While that may not seem relevant at first glance, legal experts say: They are increasingly suspicious of each other The country’s highest court A neutral interpreter of the law.”They have potential problems with legitimacy,” said Charles Gay, a law professor at Indiana University and an expert on judicial ethics. “The traditional idea that court decisions should be accepted…
Daku Stock indexes ended the week higher as investors and traders assessed the latest employment data showing the resilience of the labor market, comments from Federal Reserve Chairman Jerome Powell and minutes from the latest monetary policy meeting. Electric vehicle maker Tesla (NASDAQ:TSLA) was also one of the most active stocks this week, helping to lift the market from Monday through Friday.SP500) posted its best weekly performance since late April. Here are some trending stocks for this week. Paramount Global (Nasdaq:PARAA) (Nasdaq:PARA) rebounded +15% The deal came this week after multiple media outlets reported late Tuesday that Paramount had agreed…
On a good day, our smartphones are used to kill time, text friends, or work poolside while pretending to be at our desks.During natural disasters like wildfires, earthquakes, and hurricanes, smartphones can also be a lifeline, providing up-to-date emergency information, sharing your location, getting to safety, and calling 911.Emergency planning is often about surviving without technology. When a major disaster strikes, electricity and cell service may be down for hours or even days. But you can and should have technology-based backup plans, like keeping your cell phone working until you can contact your family again and making sure you have…