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","title":"Hey, Streaming Platforms, Where Have All The Movies Gone?","image":{"crop":{"top":0,"left":0,"bottom":0,"_type":"sanity.imageCrop","right":0},"hotspot":{"height":1,"_type":"sanity.imageHotspot","width":0.924657534246575,"x":0.5,"y":0.5},"_type":"image","attribution":"Giphy","asset":{"url":"https://cdn.sanity.io/images/8mioycse/v3/e56f23d9c14a788770de58c0ec6d8f18e940358e-480x268.gif","_createdAt":"2024-05-17T22:12:12Z","_id":"image-e56f23d9c14a788770de58c0ec6d8f18e940358e-480x268-gif","_type":"sanity.imageAsset","path":"images/8mioycse/v3/e56f23d9c14a788770de58c0ec6d8f18e940358e-480x268.gif","assetId":"e56f23d9c14a788770de58c0ec6d8f18e940358e","originalFilename":"3600d131-0417-4bcb-8a77-3636dedbed49.gif","extension":"gif","uploadId":"wKmHi9WZ0gpjl0OulBtC90G9Vw40Acbj","size":3046117,"sha1hash":"e56f23d9c14a788770de58c0ec6d8f18e940358e","source":{"name":"the middle popcorn GIF by ABC Network","id":"d3LEhxhBBF1c7ZwA","url":"https://giphy.com/gifs/abcnetwork-d3LEhxhBBF1c7ZwA"},"_updatedAt":"2024-05-17T22:12:12Z","metadata":{"palette":{"_type":"sanity.imagePalette","darkMuted":{"background":"#494829","_type":"sanity.imagePaletteSwatch","foreground":"#fff","title":"#fff","population":3.05},"muted":{"foreground":"#fff","title":"#fff","population":5.87,"background":"#8c8470","_type":"sanity.imagePaletteSwatch"},"lightVibrant":{"foreground":"#fff","title":"#fff","population":6.22,"background":"#bf627d","_type":"sanity.imagePaletteSwatch"},"darkVibrant":{"_type":"sanity.imagePaletteSwatch","foreground":"#fff","title":"#fff","population":1.84,"background":"#680a19"},"lightMuted":{"population":2.03,"background":"#8982a0","_type":"sanity.imagePaletteSwatch","foreground":"#fff","title":"#fff"},"vibrant":{"background":"#8e173d","_type":"sanity.imagePaletteSwatch","foreground":"#fff","title":"#fff","population":6.44},"dominant":{"background":"#8e173d","_type":"sanity.imagePaletteSwatch","foreground":"#fff","title":"#fff","population":6.44}},"hasAlpha":true,"lqip":"data:image/jpeg;base64,/9j/2wBDAAYEBQYFBAYGBQYHBwYIChAKCgkJChQODwwQFxQYGBcUFhYaHSUfGhsjHBYWICwgIyYnKSopGR8tMC0oMCUoKSj/2wBDAQcHBwoIChMKChMoGhYaKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCj/wAARCAALABQDASIAAhEBAxEB/8QAFwAAAwEAAAAAAAAAAAAAAAAAAAYHBf/EACEQAAIBAwQDAQAAAAAAAAAAAAECBAADEgURITEGEyJx/8QAFgEBAQEAAAAAAAAAAAAAAAAAAwQF/8QAHBEAAgICAwAAAAAAAAAAAAAAAQIAEQMTFCFR/9oADAMBAAIRAxEAPwCQePvE0z1TBbF58hicuENMknXJMuReaTtJs44opG+P5SB4WPfqCWbv1a2JxPW9UPQAEWcVA3RPnjqplQ9i5qYdSoS4NxG1aLDuzGYrcTjbEL1RW44F1i9wBmPZIoouRUPUPJ//2Q==","dimensions":{"aspectRatio":1.791044776119403,"height":268,"_type":"sanity.imageDimensions","width":480},"isOpaque":true,"blurHash":"M4C5k@0w00|6MhqD-nDQIT-pYkM{HZOab;","_type":"sanity.imageMetadata"},"_rev":"nfkEvCFf4S3wnyWqddomIf","mimeType":"image/gif"}},"publishDate":"2024-05-18","_updatedAt":"2024-05-17T22:15:03Z","author":{"_ref":"phCNL32Gn","_type":"reference"},"_id":"4cadf3d1-5352-4624-ad38-42551769866c","body":[{"_type":"block","style":"normal","_key":"49d5cc2402d2","markDefs":[],"children":[{"marks":[],"text":"With bundles and channels and ad breaks galore, it’s clear that the era of streaming content isn’t so much disrupting the cable TV model but replacing it with something that shares many of its traits.","_key":"1f7dcd09284d0","_type":"span"}]},{"_type":"block","style":"normal","_key":"9e95935c52cd","markDefs":[{"href":"https://www.wired.com/story/netflix-isnt-about-flicks-anymore/?utm_source=ground.news&utm_medium=referral","_key":"e3f024c101cb","_type":"link"}],"children":[{"_type":"span","marks":[],"text":"And while an investment in big-budget movies represented one way that streamers like Netflix could ","_key":"71aa538784f10"},{"_type":"span","marks":["e3f024c101cb"],"text":"differentiate","_key":"71aa538784f11"},{"_key":"71aa538784f12","_type":"span","marks":[],"text":" themselves from traditional television, that doesn’t even seem to be the case anymore."}]},{"markDefs":[],"children":[{"_type":"span","marks":["strong"],"text":"Tracking the trends","_key":"b6a80146dba60"}],"_type":"block","style":"normal","_key":"6ca35fda416e"},{"_key":"3d241458fb6a","markDefs":[],"children":[{"_type":"span","marks":[],"text":"For its part, Netflix started out sending DVDs (mostly of movies) through the mail. And “flix” is right there in the name, so it seems only natural that the service would specialize in films. Then there’s HBO, Warner Bros., and Disney, each of which operate their own streaming platforms with a ","_key":"8af2569148390"},{"marks":["strong"],"text":"massive trove of movies","_key":"1561c3e40040","_type":"span"},{"_type":"span","marks":[],"text":" in their respective vaults.","_key":"4b492ad155a4"}],"_type":"block","style":"normal"},{"markDefs":[],"children":[{"text":"And more than a few hit movies have premiered on streamers in recent years, but it’s clear that the current trajectory is shifting away from movies and into short-form content like sports, series, and even shorts.","_key":"916067c39dc20","_type":"span","marks":[]}],"_type":"block","style":"normal","_key":"1d33aeb37c52"},{"_key":"31aa7c284973","markDefs":[],"children":[{"_type":"span","marks":[],"text":"Consider these facts:","_key":"cae813b46e140"}],"_type":"block","style":"normal"},{"children":[{"_type":"span","marks":[],"text":"New seasons of “House of the Dragon” and “The Last of Us” are ","_key":"6f240a45114d0"},{"_type":"span","marks":["strong"],"text":"dominating the buzz","_key":"fedd9c7f0d7b"},{"_type":"span","marks":[],"text":" on Max.","_key":"e867bb29a12c"}],"level":1,"_type":"block","style":"normal","_key":"9b247a67e7d1","listItem":"bullet","markDefs":[]},{"listItem":"bullet","markDefs":[],"children":[{"_type":"span","marks":[],"text":"Disney+ kids’ show “Bluey” got","_key":"7bbd7b57e5b40"},{"_type":"span","marks":["strong"],"text":" three times more minutes viewed","_key":"63f8baec5340"},{"text":" last year than the platform’s most-watched movie.","_key":"fc4aeb1e06e4","_type":"span","marks":[]}],"level":1,"_type":"block","style":"normal","_key":"0817e7f4caaf"},{"style":"normal","_key":"097900ad9324","listItem":"bullet","markDefs":[],"children":[{"_type":"span","marks":[],"text":"Movies like “Legally Blonde,” “Tomb Raider,” and “Mr. and Mrs. Smith” are all being","_key":"1433ba0088000"},{"_key":"791419a79780","_type":"span","marks":["strong"],"text":" turned into series"},{"_type":"span","marks":[],"text":".","_key":"12d79a3936c3"}],"level":1,"_type":"block"},{"markDefs":[],"children":[{"_key":"4a406260addb0","_type":"span","marks":["strong"],"text":"They’re being “upfront”"}],"_type":"block","style":"normal","_key":"18ee82ed4a73"},{"markDefs":[],"children":[{"_type":"span","marks":[],"text":"Each year, the entertainment industry showcases its biggest news during the so-called upfronts, using the opportunity","_key":"ce0268da44500"},{"text":" primarily to sell ads","_key":"745fd3ef2cbe","_type":"span","marks":["strong"]},{"marks":[],"text":" during their programs. 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From home-improvement experts to Hollywood insiders, many professionals have cultivated a robust audience.","_key":"b7be517a4ae4","_type":"span"}],"_type":"block","style":"normal","_key":"776f1b8ded74","markDefs":[]},{"markDefs":[{"_type":"link","href":"https://www.vox.com/culture/24158473/tiktok-therapists","_key":"7b8d0015ddc6"}],"children":[{"_type":"span","marks":[],"text":"But when it comes to more personal issues like mental health, would you seek out advice from a TikTok influencer? This ","_key":"4455cb10a01c0"},{"text":"arrangement","_key":"4455cb10a01c1","_type":"span","marks":["7b8d0015ddc6"]},{"_type":"span","marks":[],"text":" is ","_key":"4455cb10a01c2"},{"text":"becoming more and more popular","_key":"4ea5457b8fab","_type":"span","marks":["strong"]},{"_type":"span","marks":[],"text":" these days … and for many therapists, it’s more lucrative than seeing clients in the office.","_key":"ee351388e107"}],"_type":"block","style":"normal","_key":"48224e686459"},{"style":"normal","_key":"c60b022b13cc","markDefs":[],"children":[{"_type":"span","marks":["strong"],"text":"Finding a niche","_key":"b0b31b76a7730"}],"_type":"block"},{"_type":"block","style":"normal","_key":"d3522ced59e1","markDefs":[],"children":[{"marks":[],"text":"Like #BookTok and other subgenres on the popular app, there’s a growing TherapyTok community of folks either","_key":"0ed330c27b420","_type":"span"},{"_type":"span","marks":["strong"],"text":" sharing or receiving advice","_key":"fef3633e4c03"},{"_type":"span","marks":[],"text":" pertaining to mental health. And if you start to seek out these influencers, it won’t take long for the TikTok algorithm to introduce you to a large number of prominent figures like British psychologist Julie Smith.","_key":"e2cc9a38b579"}]},{"_type":"block","style":"normal","_key":"8a829d5f5017","markDefs":[],"children":[{"marks":[],"text":"She has","_key":"f957b5eb50170","_type":"span"},{"_type":"span","marks":["strong"],"text":" nearly 5 million followers","_key":"eba38604bb4b"},{"_type":"span","marks":[],"text":" and dispatches bite-sized videos packed with pearls of wisdom and striking visual aids that clearly resonate with many users.","_key":"fdff55a21f03"}]},{"style":"normal","_key":"8a0712e2ba40","markDefs":[],"children":[{"_type":"span","marks":[],"text":"But regardless of their expertise, there’s a big difference between getting to know a client individually and marketing content to the masses. That’s why","_key":"f5f94b7312ab0"},{"_type":"span","marks":["strong"],"text":" there’s plenty of skepticism","_key":"226fa837ac62"},{"_type":"span","marks":[],"text":" swirling around the legitimacy of TherapyTok.","_key":"24967e40d67a"}],"_type":"block"},{"markDefs":[],"children":[{"_type":"span","marks":[],"text":"And it’s clear that some of the tactics used by these content creators are less about helping others and more about helping themselves to a big paycheck.","_key":"b23da8323c4c0"}],"_type":"block","style":"normal","_key":"383d931d6055"},{"_key":"f66f7c84ae0e","markDefs":[],"children":[{"_type":"span","marks":["strong"],"text":"Making big bucks","_key":"5902f02bcaeb0"}],"_type":"block","style":"normal"},{"_key":"47a965f1fb93","markDefs":[],"children":[{"_type":"span","marks":[],"text":"In most cases, therapy rates are capped by insurance providers, meaning that even someone in full-time practice would struggle to bring home a six-figure salary. But candid TherapyTok influencers like Jeff Guenther admit ","_key":"a56ff949ef8e0"},{"_type":"span","marks":["strong"],"text":"they’re making much more","_key":"9f481b8ca12e"},{"_type":"span","marks":[],"text":" on social media.","_key":"2616324ef1eb"}],"_type":"block","style":"normal"},{"markDefs":[],"children":[{"_type":"span","marks":[],"text":"His content is focused on dating and relationships … and through subscriptions, merchandise, and brand endorsements, he indicated he can make ","_key":"a8b3177c0a4e0"},{"_type":"span","marks":["strong"],"text":"close to a million bucks","_key":"f6c0d61c36d2"},{"_type":"span","marks":[],"text":" a year.","_key":"ad79267fe600"}],"_type":"block","style":"normal","_key":"8637d249fd51"}],"_createdAt":"2024-05-17T21:06:29Z","_rev":"nfkEvCFf4S3wnyWqddoQDt","summary":"It's one of the fastest-growing sectors for TikTok influencers.","_id":"505ff6f3-e8d5-41a8-bb1e-d0f391bd4d0a","_type":"story"},{"author":{"_ref":"phCNL32Gn","_type":"reference"},"body":[{"markDefs":[{"_type":"link","href":"https://www.nytimes.com/2024/05/17/business/elections-betting-prediction-markets.html","_key":"c93d1ba45bf5"}],"children":[{"_type":"span","marks":[],"text":"Online sportsbooks are legal in states across the U.S. and ads for various platforms abound with promises of big payouts for bets on sporting events of all sorts. But the gambling craze ","_key":"628137ae3d070"},{"_key":"628137ae3d071","_type":"span","marks":["c93d1ba45bf5"],"text":"extends"},{"_type":"span","marks":[],"text":" far beyond the realm of athletics and has firmly entered the political world.","_key":"628137ae3d072"}],"_type":"block","style":"normal","_key":"9ca21621a36a"},{"markDefs":[],"children":[{"_type":"span","marks":["strong"],"text":"Prediction markets","_key":"44515074ded20"}],"_type":"block","style":"normal","_key":"a4e3e40f00ba"},{"children":[{"_type":"span","marks":[],"text":"It’s widely legal to gamble on the outcome of the 2024 presidential election — as well as a host of other variables within the financial markets. But federal regulators","_key":"1c17488d87b50"},{"_type":"span","marks":["strong"],"text":" have their sights set","_key":"6f148461dcec"},{"_type":"span","marks":[],"text":" on these wagers, collectively known as prediction markets.","_key":"671019f57e59"}],"_type":"block","style":"normal","_key":"8492b9214944","markDefs":[]},{"children":[{"_type":"span","marks":[],"text":"The Commodity Futures Trading Commission is pursuing a ban on prediction markets, which would prevent you from making (or losing) money on the outcome of the election. The new rule currently being considered would have","_key":"ee43a7c06ac80"},{"text":" a wide-ranging impact","_key":"ce63281a8f64","_type":"span","marks":["strong"]},{"_type":"span","marks":[],"text":" on these bets, but the prediction markets hope they’ll be able to prevail on the merits.","_key":"ccf5fdd755e1"}],"_type":"block","style":"normal","_key":"45260906506f","markDefs":[]},{"markDefs":[],"children":[{"_type":"span","marks":[],"text":"Even as regulators bring the hammer down, many markets remain active. And ongoing court cases seek to overturn the federal government’s efforts.","_key":"a9dd4463e79b0"}],"_type":"block","style":"normal","_key":"65032d9d486c"},{"_key":"7bd9d65a0387","markDefs":[],"children":[{"_type":"span","marks":[],"text":"Economist Eric Zitzewitz says prediction markets are more than a source of fun … they can also benefit society.","_key":"e1d8da717a3f0"}],"_type":"block","style":"normal"},{"markDefs":[],"children":[{"_type":"span","marks":[],"text":"“We learn nothing from a crap game, and very close to nothing that’s economically interesting from sports betting,” he said. “But having a market price on the odds of economically meaningful political outcomes","_key":"7c2fd14343240"},{"marks":["strong"],"text":" is extremely valuable","_key":"e42e1d29cd0f","_type":"span"},{"_type":"span","marks":[],"text":" to those who are affected by them.”","_key":"3ec2667d9eee"}],"_type":"block","style":"normal","_key":"c794a89e4e98"},{"markDefs":[],"children":[{"_type":"span","marks":["strong"],"text":"Weighing the odds","_key":"1039a64a3d5c0"}],"_type":"block","style":"normal","_key":"d167a0493a40"},{"markDefs":[],"children":[{"_type":"span","marks":[],"text":"The future of prediction markets is up in the air, but that doesn’t mean we can’t take a look at how current bids forecast the outcome of the upcoming election. 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Although we weathered stubborn inflation and rising interest rates, the economy’s foundation remained steady and we’ve ","_key":"ebddfab3f4210"},{"_type":"span","marks":["51fb0dd8bfae"],"text":"avoided","_key":"ebddfab3f4211"},{"_type":"span","marks":[],"text":" a recession … at least for now.","_key":"ebddfab3f4212"}],"_type":"block"},{"_type":"block","style":"normal","_key":"1ebeb92eba8e","markDefs":[],"children":[{"_type":"span","marks":["strong"],"text":"Things seem to be changing","_key":"df8a31c384cc0"}]},{"markDefs":[],"children":[{"text":"One metric by which experts can gauge whether a recession is imminent involves consumer habits. When people are spending less money, that’s a bad sign for the health of the economy.","_key":"5b459fc6c1af0","_type":"span","marks":[]}],"_type":"block","style":"normal","_key":"82859a4c9199"},{"markDefs":[],"children":[{"_type":"span","marks":[],"text":"And the most recent stats show that","_key":"f3849858c469"},{"_type":"span","marks":["strong"],"text":" consumer spending is slowing down","_key":"8bf8e2279600"},{"_type":"span","marks":[],"text":", and that could put a damper on hopes for a “soft landing,” the term used to describe getting inflation back down to a manageable rate without sinking into a recession.","_key":"0b2293d07858"}],"_type":"block","style":"normal","_key":"9fe19a69682f"},{"_type":"block","style":"normal","_key":"93ffbf2b1f9b","markDefs":[],"children":[{"_type":"span","marks":[],"text":"Here are a few highlights (or lowlights, if you will) from recent reports.","_key":"0d44b20430500"}]},{"level":1,"_type":"block","style":"normal","_key":"f4645a72efbc","listItem":"bullet","markDefs":[],"children":[{"_type":"span","marks":[],"text":"Retail sales were flat in April, but analysts ","_key":"c267629e69e90"},{"_type":"span","marks":["strong"],"text":"expected about 0.4% growth","_key":"50a39bb036b9"},{"_type":"span","marks":[],"text":".","_key":"8e619d3e7b05"}]},{"_type":"block","style":"normal","_key":"bce96d3f5bc4","listItem":"bullet","markDefs":[],"children":[{"_type":"span","marks":[],"text":"March growth was","_key":"0d9dc8059cef0"},{"_type":"span","marks":["strong"],"text":" revised down from 0.7% to 0.6%","_key":"5903cb94c4e7"},{"_type":"span","marks":[],"text":".","_key":"4297a6f519eb"}],"level":1},{"children":[{"_type":"span","marks":[],"text":"Personal savings rates","_key":"4f3aed3166eb0"},{"_type":"span","marks":["strong"],"text":" dipped to 3.2% in March","_key":"a127fa71e5b4"},{"_type":"span","marks":[],"text":", two points lower than a year earlier.","_key":"f7a40698bd11"}],"level":1,"_type":"block","style":"normal","_key":"a4afb030aa17","listItem":"bullet","markDefs":[]},{"level":1,"_type":"block","style":"normal","_key":"51b8e0d99355","listItem":"bullet","markDefs":[],"children":[{"_type":"span","marks":[],"text":"Household debt ","_key":"67c0eb00bab70"},{"text":"increased to $17.6 trillion ","_key":"8d3c812af8cf","_type":"span","marks":["strong"]},{"_key":"ea0b039de56a","_type":"span","marks":[],"text":"in the first quarter, its highest level ever."}]},{"children":[{"_type":"span","marks":[],"text":"About","_key":"a3d6d45309680"},{"_type":"span","marks":["strong"],"text":" 9% of credit card loans and 8% of car loans","_key":"ae0d20d55b9e"},{"_type":"span","marks":[],"text":" have become delinquent.","_key":"82bc8a160945"}],"level":1,"_type":"block","style":"normal","_key":"4ff4e6b0cad7","listItem":"bullet","markDefs":[]},{"markDefs":[],"children":[{"text":"With two-thirds of middle-class Americans saying their income isn’t keeping up with inflation and three-fourths cutting back on discretionary spending, it doesn’t look like the trend is reversing anytime soon.","_key":"e33abcd48a840","_type":"span","marks":[]}],"_type":"block","style":"normal","_key":"0322e25e9e16"},{"_type":"block","style":"normal","_key":"951ffd44b3fe","markDefs":[],"children":[{"_type":"span","marks":["strong"],"text":"Reading the economic tea leaves","_key":"4a069e7ef5d60"}]},{"markDefs":[],"children":[{"marks":[],"text":"There’s no doubt that economists are painting a far less rosy picture of the future than they were a few months ago. David Rosenberg, for example, described retail sales as “","_key":"a3c222ee86900","_type":"span"},{"_type":"span","marks":["strong"],"text":"sluggish with a capital ‘S’","_key":"076d99429680"},{"_type":"span","marks":[],"text":"” and said these numbers “suggest the economy has been far less strong than previously displayed.”","_key":"c1f69e990053"}],"_type":"block","style":"normal","_key":"2759542a2db1"},{"_type":"block","style":"normal","_key":"ba8a90c54a60","markDefs":[],"children":[{"_type":"span","marks":[],"text":"Even though a recession isn’t officially here, it’s","_key":"f86e1bf3266e0"},{"_key":"58639669ff91","_type":"span","marks":["strong"],"text":" impossible to ignore the mounting concerns"},{"_type":"span","marks":[],"text":" that we’re headed for a “hard landing.”","_key":"2791268120da"}]}],"image":{"_type":"image","attribution":"Giphy","asset":{"path":"images/8mioycse/v3/800b2ab1c356fb7dd7a6009f3eeaf9abd8c283a7-480x288.gif","assetId":"800b2ab1c356fb7dd7a6009f3eeaf9abd8c283a7","metadata":{"blurHash":"MUGS4kbItot7I9_4R%NFjsM_o#j[V?j]o#","_type":"sanity.imageMetadata","palette":{"darkMuted":{"title":"#fff","population":2.51,"background":"#523431","_type":"sanity.imagePaletteSwatch","foreground":"#fff"},"muted":{"background":"#997870","_type":"sanity.imagePaletteSwatch","foreground":"#fff","title":"#fff","population":5.23},"lightVibrant":{"_type":"sanity.imagePaletteSwatch","foreground":"#000","title":"#fff","population":0.01,"background":"#acb9e4"},"darkVibrant":{"title":"#fff","population":3.58,"background":"#1f100e","_type":"sanity.imagePaletteSwatch","foreground":"#fff"},"lightMuted":{"population":5.27,"background":"#acabcd","_type":"sanity.imagePaletteSwatch","foreground":"#000","title":"#fff"},"vibrant":{"foreground":"#fff","title":"#fff","population":0,"background":"#af5a4f","_type":"sanity.imagePaletteSwatch"},"dominant":{"background":"#acabcd","_type":"sanity.imagePaletteSwatch","foreground":"#000","title":"#fff","population":5.27},"_type":"sanity.imagePalette"},"hasAlpha":true,"lqip":"data:image/jpeg;base64,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","dimensions":{"_type":"sanity.imageDimensions","width":480,"aspectRatio":1.6666666666666667,"height":288},"isOpaque":true},"_type":"sanity.imageAsset","mimeType":"image/gif","extension":"gif","_rev":"YBM1ygjy3aIU2iuAhtcjOe","size":1354064,"_id":"image-800b2ab1c356fb7dd7a6009f3eeaf9abd8c283a7-480x288-gif","source":{"name":"Michigan Recession GIF by GIPHY News","id":"SyhdF6TfSAZLcgLLVp","url":"https://giphy.com/gifs/news-michigan-governors-debate-gubernatorial-SyhdF6TfSAZLcgLLVp"},"url":"https://cdn.sanity.io/images/8mioycse/v3/800b2ab1c356fb7dd7a6009f3eeaf9abd8c283a7-480x288.gif","_createdAt":"2024-05-16T22:50:47Z","_updatedAt":"2024-05-16T22:50:47Z","originalFilename":"a97df163-12d2-4360-8332-db92043510d6.gif","uploadId":"RXCfBK98vNK5bmtWvgB10pflL3zjbBqG","sha1hash":"800b2ab1c356fb7dd7a6009f3eeaf9abd8c283a7"},"crop":{"top":0,"left":0,"bottom":0,"_type":"sanity.imageCrop","right":0},"hotspot":{"y":0.5,"height":1,"_type":"sanity.imageHotspot","width":0.924657534246575,"x":0.5}},"title":"Is A Recession Looming? 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","slug":"/story/2024/05/a-case-involving-millions-of-dollars-in-stolen-golf-memorabilia-has-been-solved","title":"A Case Involving Millions Of Dollars In Stolen Golf Memorabilia Has Been Solved","body":[{"_type":"block","style":"normal","_key":"c94d7aac038f","markDefs":[{"href":"https://bleacherreport.com/articles/10121214-man-pleads-guilty-to-role-in-theft-of-arnold-palmers-green-jacket-masters-items","_key":"0d32ad6ac37c","_type":"link"}],"children":[{"_type":"span","marks":[],"text":"A green jacket belonging to the late PGA legend Arnold Palmer was among the many items stolen from Augusta National Golf Club as part of a ","_key":"6a9b290c2afc0"},{"_type":"span","marks":["0d32ad6ac37c"],"text":"brazen","_key":"6a9b290c2afc1"},{"text":" theft operation that ","_key":"6a9b290c2afc2","_type":"span","marks":[]},{"_key":"4b8420a868f9","_type":"span","marks":["strong"],"text":"spanned more than 10 years"},{"_type":"span","marks":[],"text":". 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Some were little more than gift-shop merchandise like mugs and T-shirts, but other items — like Palmer’s jacket — were extremely valuable and irreplaceable.","_key":"4841fafd0a24"}],"_type":"block"},{"_key":"2039f8c55dd2","markDefs":[],"children":[{"_type":"span","marks":[],"text":"The green jacket was ultimately recovered thanks to the work of the FBI. Undercover agents stepped in to halt the purchase of the item for","_key":"2534586067310"},{"_type":"span","marks":["strong"],"text":" a whopping $3.6 million","_key":"a9563f5bfcf3"},{"_type":"span","marks":[],"text":", ultimately resulting in an interrogation of everyone involved. 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How naive we all were.","_key":"bc0bd8ed94e70","_type":"span"}],"_type":"block","style":"normal"},{"_key":"01a12bd305c5","markDefs":[],"children":[{"_type":"span","marks":[],"text":"Instead, services like Netflix have increasingly found ways to inject ads into as many places as possible to help boost revenue. And in some cases, it’s not a bad proposition. 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But its diplomatic and economic ties with the United Kingdom appear to be especially ","_key":"bed05b765dfb0","_type":"span"},{"_type":"span","marks":["c35ac656b19a"],"text":"tenuous","_key":"bed05b765dfb1"},{"_type":"span","marks":[],"text":" these days.","_key":"bed05b765dfb2"}],"_type":"block"},{"markDefs":[],"children":[{"_type":"span","marks":["strong"],"text":"The latest development","_key":"c3aeefcbc1890"}],"_type":"block","style":"normal","_key":"6ee2e5116d4e"},{"_key":"d51d8a995de4","markDefs":[],"children":[{"_type":"span","marks":[],"text":"Just a few days ago, British authorities took three individuals into custody on allegations that they had been gathering information on behalf of the Hong Kong intelligence community. According to early reports, Chi Leung Wai, Matthew Trickett, and Chung Biu Yuen are facing charges related to spying for Hong Kong — once a British colony and now under China’s authority — as well as forcing their way into a residence.","_key":"243c165acecc0"}],"_type":"block","style":"normal"},{"_key":"6dc1f90b85c0","markDefs":[],"children":[{"_type":"span","marks":[],"text":"The very next day, the U.K. foreign ministry issued a stern statement denouncing the actions of China’s ambassador.","_key":"7bcb99b67f930"}],"_type":"block","style":"normal"},{"_key":"b83322d04861","markDefs":[],"children":[{"_type":"span","marks":[],"text":"Accusing China in general of engaging in a “","_key":"cd0919168a190"},{"_type":"span","marks":["strong"],"text":"pattern of behavior","_key":"af2befafcd45"},{"_type":"span","marks":[],"text":"” that targeted the U.K., including cyberattacks and pursuit of bounties for individuals who fled Hong Kong and took refuge in Britain, the foreign ministry’s statement is among the harshest to date amid the ongoing tensions between the two nations.","_key":"3c6e5a9074c5"}],"_type":"block","style":"normal"},{"children":[{"_type":"span","marks":[],"text":"A number of protests and demonstrations throughout the U.K. in recent years have called for the restoration of democracy in Hong Kong, though these events have repeatedly been marred by acts of violence and intimidation — often by individuals with loyalties to China.","_key":"d3954d7cd7d60"}],"_type":"block","style":"normal","_key":"88e423a9fd39","markDefs":[]},{"_key":"55e8b89b6f9b","markDefs":[],"children":[{"_key":"7c12e526e7e90","_type":"span","marks":["strong"],"text":"A response from Beijing"}],"_type":"block","style":"normal"},{"children":[{"_type":"span","marks":[],"text":"The allegations are not only going in one direction, though. China reacted to the recent efforts by British authorities with a statement from its embassy asserting that it “","_key":"b94ddff2b0ca0"},{"_type":"span","marks":["strong"],"text":"firmly rejects and strongly condemns","_key":"1727771ae400"},{"_type":"span","marks":[],"text":" the U.K.’s fabrication of the so-called case and unwarranted accusation” made against Hong Kong and China.”","_key":"bbb83fab9ca9"}],"_type":"block","style":"normal","_key":"db418cc9af38","markDefs":[]},{"_type":"block","style":"normal","_key":"26aa1fb1ce46","markDefs":[],"children":[{"_type":"span","marks":[],"text":"Furthermore, the statement accused British officials of staging “a series of accusations … including those on ‘China spies’ and cyberattacks” that China described as “groundless and 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probably already know that too much alcohol consumption is bad for your body. Not only can it result in","_key":"2dcdc27703630"},{"_type":"span","marks":["strong"],"text":" short-term memory loss and reduced motor functions","_key":"ae0afc19884a"},{"_type":"span","marks":[],"text":", but the long-term impact is often ","_key":"20a6967fa5c0"},{"marks":["0e4b5dbfba39"],"text":"detrimental","_key":"2dcdc27703631","_type":"span"},{"marks":[],"text":" to the body — most notably in the form of liver damage.","_key":"2dcdc27703632","_type":"span"}],"_type":"block"},{"_type":"block","style":"normal","_key":"cad282ca410f","markDefs":[],"children":[{"_type":"span","marks":[],"text":"But what if there were a scientific breakthrough that allowed a person to imbibe without the potentially dangerous spirits fully entering the bloodstream, thereby bypassing the liver entirely? Well, that’s what one group of experts in Switzerland believe they’ve created.","_key":"332fcd3debf10"}]},{"_key":"71bad03416b3","markDefs":[],"children":[{"_type":"span","marks":["strong"],"text":"Are you gellin’?","_key":"b6b73f788e6b0"}],"_type":"block","style":"normal"},{"style":"normal","_key":"5eff1dd7f784","markDefs":[],"children":[{"_type":"span","marks":[],"text":"Let’s start with a brief overview of how alcohol does its dirty work on the human body:","_key":"ee7515b4fc870"}],"_type":"block"},{"level":1,"_type":"block","style":"normal","_key":"3b684f54bce6","listItem":"bullet","markDefs":[],"children":[{"marks":[],"text":"It enters the bloodstream","_key":"8676583f8da40","_type":"span"},{"text":" via mucous membranes","_key":"49ac22ecb24e","_type":"span","marks":["strong"]},{"_type":"span","marks":[],"text":" in the stomach and intestines.","_key":"905c1eb1cb73"}]},{"_type":"block","style":"normal","_key":"b7652c618779","listItem":"bullet","markDefs":[],"children":[{"text":"The first step of metabolism","_key":"c1bd6c533d090","_type":"span","marks":[]},{"_type":"span","marks":["strong"],"text":" creates a toxin ","_key":"057c3156d15c"},{"marks":[],"text":"known as acetaldehyde.","_key":"cd261a684969","_type":"span"}],"level":1},{"level":1,"_type":"block","style":"normal","_key":"4b75caf03736","listItem":"bullet","markDefs":[],"children":[{"_type":"span","marks":[],"text":"Before the final step, this compound","_key":"f0e7cac474460"},{"_type":"span","marks":["strong"],"text":" can inflict damage","_key":"199c73b2e8ea"},{"_type":"span","marks":[],"text":" to the liver and other organs.","_key":"b91524959275"}]},{"_key":"57f6e8b5e3ab","markDefs":[],"children":[{"text":"But a new product could prevent this process from occurring in the first place. It’s a gel-like substance that can be ingested by mouth before, during, or immediately after drinking. It contains ingredients including glucose, nanofibers, and even gold nanoparticles that work together to prevent alcohol from entering the bloodstream at all.","_key":"7335f56b81450","_type":"span","marks":[]}],"_type":"block","style":"normal"},{"markDefs":[],"children":[{"_type":"span","marks":[],"text":"Testing on mice found blood-alcohol levels were ","_key":"4c1d61b53b800"},{"_type":"span","marks":["strong"],"text":"40% lower after 30 minutes and 56% lower after five hours","_key":"79ced67c6b15"},{"text":" for animals that received the gel. They also had lower levels of liver stress and less acetaldehyde in their systems.","_key":"47ad9b003d5a","_type":"span","marks":[]}],"_type":"block","style":"normal","_key":"7390555afdfa"},{"style":"normal","_key":"19f6ea393184","markDefs":[],"children":[{"_type":"span","marks":["strong"],"text":"There’s a trade-off","_key":"84928dbc0df70"}],"_type":"block"},{"_type":"block","style":"normal","_key":"f5604c05d3cb","markDefs":[],"children":[{"_type":"span","marks":[],"text":"Sure, this sounds great. And upcoming human tests could result in the gel being widely available. But if you’re drinking to feel the effects of alcohol, acetaldehyde is a key component.","_key":"21819e82c21d0"}]},{"markDefs":[],"children":[{"_type":"span","marks":[],"text":"So you’ll be able to drink, but you won’t get much more than the taste out of it.","_key":"af576ab7e25e0"}],"_type":"block","style":"normal","_key":"3f305fd98f65"},{"_type":"block","style":"normal","_key":"e0fb60534910","markDefs":[],"children":[{"_type":"span","marks":[],"text":"And as lead scientist Raffaele Mezzenga explained: “","_key":"3382d934c5e70"},{"marks":["strong"],"text":"It’s healthier not to drink alcohol at all","_key":"f8b36dbb62b4","_type":"span"},{"_type":"span","marks":[],"text":".”","_key":"fed13951bec3"}]}]},{"_id":"2d8fcc68-b00c-457a-853a-886fdf82fb27","summary":"How fast is too fast on city streets? 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And in communities where a troubling number of pedestrian deaths have been reported, some elected officials and activists say that the speed limit ","_key":"f97591656f5d0"},{"_type":"span","marks":["strong"],"text":"shouldn’t be any higher than 20","_key":"0482d13ec3f5"},{"_type":"span","marks":[],"text":" on most city streets.","_key":"31e7eda1fa99"}],"_type":"block","style":"normal"},{"markDefs":[],"children":[{"_key":"31de39115e520","_type":"span","marks":[],"text":"Such efforts are underway across the country, including in California, where a similar law gives localities a bigger say in setting speed limits. Oakland officials"},{"_type":"span","marks":["strong"],"text":" dropped the maximum speed ","_key":"fd7116ec284b"},{"_type":"span","marks":[],"text":"throughout much of the city and school zones statewide were limited to 20 mph or less.","_key":"fa7439c7fc63"}],"_type":"block","style":"normal","_key":"f2eaa9a2f2f9"},{"markDefs":[],"children":[{"_type":"span","marks":[],"text":"And in the nation’s capital, the default speed limit unless otherwise noted has been 20 mph for several years.","_key":"1ab87c7441eb0"}],"_type":"block","style":"normal","_key":"d6bcafc3f5ef"},{"markDefs":[],"children":[{"_key":"eb7bacce5d440","_type":"span","marks":["strong"],"text":"Responding to tragedy"}],"_type":"block","style":"normal","_key":"a353348b8ed1"},{"children":[{"marks":[],"text":"Even though safety equipment in vehicles is more advanced than ever, pedestrians haven’t benefited from these improvements. In fact, there’s been a troubling increase in pedestrian deaths, which has sparked much of the concern about speed limits.","_key":"ebbe88e1c6810","_type":"span"}],"_type":"block","style":"normal","_key":"4671ebc72370","markDefs":[]},{"children":[{"_type":"span","marks":[],"text":"Some of the relevant stats show that:","_key":"5f373b0464c50"}],"_type":"block","style":"normal","_key":"19d0c9e60a7b","markDefs":[]},{"markDefs":[],"children":[{"_type":"span","marks":[],"text":"The number of pedestrian deaths has reached ","_key":"3cda41c9d2a30"},{"text":"a 40-year high","_key":"d5d726300395","_type":"span","marks":["strong"]},{"_type":"span","marks":[],"text":".","_key":"ace476f38631"}],"level":1,"_type":"block","style":"normal","_key":"a4e5d05a057a","listItem":"bullet"},{"children":[{"text":"A pedestrian hit at 30 mph is ","_key":"3a0e82c017f60","_type":"span","marks":[]},{"_key":"d733d97b78c6","_type":"span","marks":["strong"],"text":"70% more likely 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About two-thirds of the calories consumed by U.S. kids come from this category.","_key":"f733336346770","_type":"span","marks":[]}],"_type":"block","style":"normal","_key":"4667faab8ef3"},{"children":[{"_type":"span","marks":[],"text":"Widespread weight gain and a rise in various diseases are believed to be associated with this trend … but some experts say it’s not fair to vilify all UPFs. The categorization ","_key":"f56466ebf74a0"},{"_type":"span","marks":["strong"],"text":"doesn’t take into account the nutrition","_key":"0e269e0ce3be"},{"_type":"span","marks":[],"text":" included in these foods, so it’s important to recognize the difference between, say, infant formula and soda — both of which would fall under the UPF banner.","_key":"1cf6fbde955c"}],"_type":"block","style":"normal","_key":"2f76795e8c84","markDefs":[]},{"style":"normal","_key":"1f98c116d55e","markDefs":[],"children":[{"text":"Sure, it’s good to include plenty of fresh fruits and veggies in your diet. 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There’s the fear that it will replace millions of jobs or that it will lead to the devolution of skills that have been valued in the workforce for generations.","_key":"b087c2036bb70","_type":"span"}],"_type":"block","style":"normal","_key":"e44115941e74"},{"_key":"98fdc2b1b072","markDefs":[{"_type":"link","href":"https://www.wired.com/story/ai-workers-burnout-microsoft-linkedin/","_key":"c45147cc5e02"}],"children":[{"_type":"span","marks":[],"text":"But so far, many office workers seem to be exploiting a somewhat unexpected ","_key":"85208508a7ae0"},{"_type":"span","marks":["c45147cc5e02"],"text":"application","_key":"85208508a7ae1"},{"_type":"span","marks":[],"text":" for the technology.","_key":"85208508a7ae2"}],"_type":"block","style":"normal"},{"children":[{"_type":"span","marks":[],"text":"Battling burnout","_key":"62fa21e8627a0"}],"_type":"block","style":"normal","_key":"3a7777d31c11","markDefs":[]},{"children":[{"_type":"span","marks":[],"text":"Data compiled by LinkedIn and Microsoft show that bosses don’t seem to be replacing the various tasks handed down to their subordinates with AI. 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According to the wide-ranging report based on 31,000 workers from 31 countries offered an enlightening look into the matter."}],"_type":"block","style":"normal"},{"listItem":"bullet","markDefs":[],"children":[{"text":"Three in four","_key":"e6a8c0e8efeb0","_type":"span","marks":["strong"]},{"_type":"span","marks":[],"text":" desk-job employees are currently using AI.","_key":"2b1c25b8a82e"}],"level":1,"_type":"block","style":"normal","_key":"e9635d3349e8"},{"style":"normal","_key":"a4f0d12d2099","listItem":"bullet","markDefs":[],"children":[{"text":"That percentage is","_key":"0fdfa65e5c520","_type":"span","marks":[]},{"_key":"ab78cf13bf4e","_type":"span","marks":["strong"],"text":" almost double"},{"_key":"47af31c75c3f","_type":"span","marks":[],"text":" what it was just six months earlier."}],"level":1,"_type":"block"},{"level":1,"_type":"block","style":"normal","_key":"a99aff95d7f8","listItem":"bullet","markDefs":[],"children":[{"_type":"span","marks":[],"text":"About 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