Good morning. It's Thursday, Oct. 13, and we're covering an expected increase in Social Security benefits, a verdict in the Connecticut trial of Alex Jones, and much more. Have feedback? Let us know at [email protected].
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The Social Security Administration will announce the annual cost-of-living increase today for more than 70 million Americans. The increase is estimated to be 8.7%, the largest since 1981. In comparison, the 2022 increase was 5.9%, and the average increase is 1.4% per year.
The number is calculated using the consumer price index for urban wage earners and clerical workers from July through September (see how it works). The 8.7% projection is based on data from July and August. September's data are due today. Another factor affecting the boost would be September's 0.75% interest rate increase. A larger benefit amount can maintain buying power in the face of rising inflation.
About a quarter of Americans, primarily retirees, receive Social Security benefits. Average monthly retirement benefits are $1,656; the new adjustment could increase that number by roughly $144. The current projected depletion date for the Social Security trust fund is 2035.
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(Another) Alex Jones Verdict
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A Connecticut jury has ordered Alex Jones, radio host and founder of Infowars, to pay $965M in compensatory damages to eight families of victims killed in the 2012 Sandy Hook school shooting and to an FBI agent who was among the first responders. The Sandy Hook massacre is the deadliest mass shooting at an elementary school in US history, with 26 people dead. Jones had claimed the attack was a hoax.
Yesterday's judgment is the second against Jones, whose claims have spurred conspiracy theorists to carry out harassment campaigns against victims' families. It follows nearly $50M in damages a Texas jury in August awarded to the parents of a slain 6-year-old. Jones eventually recanted his claims during a 2019 deposition, blaming his theories on a bout of psychosis.
Jones faces a third trial in December in Texas. It is unclear how he will pay for the total damages; Infowars and two other companies owned by Jones filed for Chapter 11 bankruptcy this year.
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Clumps of human neurons implanted into the brains of newborn rats have successfully integrated into the animals' brain circuitry, according to a study published yesterday. The procedure is expected to shed light on psychiatric disorders like autism by illuminating how genetic mutations influence neural circuits.
Stanford researchers, led by Dr. Sergiu Pașca, reported the clumps of human cells—known as organoids—replicated millions of new neurons over several months, wiring themselves into the rat's brain. The grafted tissues were shown to be integrated when they responded to a puff of air on the animals' whiskers, among other tests. The team will use the procedure to observe how diseased organoids grow within neural circuits, which isn't possible in an isolated petri dish.
The novel technique raised ethical questions, with the team consulting ethicists prior to experimentation on questions of animal welfare and how to classify organisms with hybrid brains. Learn the basics of the humane use of animals for research here.
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Sports, Entertainment, & Culture
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> US stock markets close lower (S&P 500 -0.3%, Dow -0.1%, Nasdaq -0.1%); S&P 500 posts sixth consecutive loss (More)
> US Producer Price Index, a key inflation metric tracking product prices, increases 0.4% in September over August (More)
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> Poland detects oil leak in Druzhba pipeline, the main route through which Russian oil reaches Germany; cause of leak unknown (More) | Russia arrests eight people over blast on bridge connecting Russia with the Crimean Peninsula (More) | White House releases national security plan, cites concerns with Russia and China (More)
> House Jan. 6 Committee holds ninth public hearing today, will highlight new evidence (More) | Livestream here (Watch, 1 pm ET) | Former Los Angeles City Council president Nury Martinez resigns from council over leaked audio of racist remarks; California attorney general to investigate city's redistricting process (More)
> Average ACT score for 2022 high school graduates drops to 19.8 out of 36, the lowest since 1991; the percentage of graduates who took the ACT and failed to meet benchmarks in English, reading, science, and math rises to 42% (More)
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Something's Jellyfishy in Italy
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Hakai | Agostino Petroni. As several species of jellyfish become increasingly abundant, scientists and chefs are trying to figure out ways to interest Italians in consuming the gelatinous invertebrates. (Read)
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USA Today | Staff. A collection of illustrated stories depicting the memories of four people who endured one of the darkest moments of Russia's invasion of Ukraine: the siege of Mariupol. (Read)
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(WATCHING) BASKETBALL SHORTS
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