Tension between the US and Israel boil as UN ceasefire vote passes and Netanyahu vows to push ahead with Rafah offensive

Tech Insider
Israeli soldiers sit in an army vehicle moving near the border with the Gaza Strip, on March 25, 2024, in southern Israel.
Israeli soldiers sit in an army vehicle moving near the border with the Gaza Strip, on March 25, 2024, in southern Israel.

Amir Levy/Getty Images

  • The UN passed a vote calling for a ceasefire in Gaza, with the US abstaining for the first time.
  • Netanyahu cancelled meetings with Biden officials in response, further damaging US-Israel relations.
  • Negotiations around Rafah are crumbling, with Netanyahu

China's attempts to revive its economy could cause a 'sugar high' that pushes US inflation higher, new research says

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Chinese factory economy
Output at China's factories slowed unexpectedly in July.

Visual China Group/Getty Images

  • China's attempts to revive its economy could push US inflation higher, new research says.
  • To stimulate its economy, China policymakers are encouraging investments in the manufacturing sector.
  • A manufacturing boom would create "meaningful upward pressure" on US inflation.

Chinese policymakers are trying to

Economy

Ron DeSantis signs bill requiring parental consent for kids to join social media platforms in Florida

Engadget

Florida Governor Ron DeSantis just signed into law a bill named HB 3 that creates much stricter guidelines about how kids under 16 can use and access social media. To that end, the law completely bans children younger than 14 from participating in these platforms. 

The bill requires parent or guardian consent for 14- and 15-year-olds to make an account or use a pre-existing account on a social

The ex-CEO of former Sports Illustrated publisher Arena Group is suing his old firm for $20 million, claiming he was fired for trying to stop it from breaking the law

Tech Insider
Ross Levinsohn
Ross Levinsohn, Yahoo Executive Vice President of Americas, speaks at the Web. 2.0 Summit in San Francisco, Monday, Oct. 17, 2011.

AP Photo/Paul Sakuma

  • Ross Levinsohn ran the Arena Group, which published Sports Illustrated, and was fired by its new owner.
  • He says he objected to new owner Manoj Bhargava's "disastrous plan" to put out a false press release.
  • Levinsohn said he improved the company's

New Yorkers who make six figures won't save as much moving to Texas and Florida anymore

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A person entering the beach between two palm trees.
The savings that come from moving to some lower-tax states are dwindling as the cost of living there increases.

Sylvain Sonnet/Getty Images

  • New Yorkers have historically moved to Florida and Texas to save money on taxes and other expenses.
  • But the cost of living in parts of Florida and Texas has jumped significantly since 2019.
  • High earners are especially impacted. Movers will still save money, just