Author: Daniel snow

Williams-Sonoma CEO Laura Alber gave CNBC’s Jim Cramer an update on how tariffs are affecting business, explaining why her company’s next quarter will see more of an impact. The home goods and furniture outfit beat the estimates when it reported on Wednesday. But management indicated tariffs are taking longer than anticipated to hit gross margins in part because the new duties’ efficacy dates were delayed. Shares closed down 3.39%.”In terms of where the tariffs are going, I think we’ll get stability at the end of the year, I hope, and more predictability, and I don’t imagine them going up. That…

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“Our brains are being melted by the algorithm.” [MUSIC PLAYING] “Attention is infrastructure.” “Those algorithms are designed ——” “So the algorithm ——” “Part of attention is sometimes conflict, provocation.” “We’re lonely and depressed, getting more polarized every day. We’re endlessly doomscrolling, bombarded by rage bait. And it’s because our experience on the internet is being overrun by these attention-based algorithms controlled by tech companies that don’t have our best interests at heart. I’m tired of what social media is doing to our brains. It has to be possible to have a better experience on the internet, grounded in creativity and…

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