Ilvf Latest COVID-19 in Colorado: State approves restaurant variance for El Paso County
DENVER 鈥?The Denver Public Schools Board of Education unanimously voted Thursd
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ay to join a lawsuit against s
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ocial media companies that alleges student mental health was negatively impacted by the companies.The lawsuit 鈥?which is being prepared by four law firms, including Wagstaff & Cartmell, LLP. out of Kansas City 鈥?will pursue damages against Meta, Snapchat, Instagram, YouTube and Google on behalf of school districts like DPS.Attorneys allege schools have incurred costs like hiring additional mental health providers, developing new lesson plans and hiring third parties t
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o educate parents and students about the dangers of social media. The lawsuit claims Meta knew from their own research the negative impact social media has on young people. The attorneys also claim tech giants use psychological measures to keep kids on their apps as long as possible to drive advertising revenue.DPS board members were particularly interested in recouping damages from content such as social media c Ovdm China says it s looking into report of spy balloon over US
By STAN CHOEAP Business WriterNEW YORK AP 鈥?The toughest week for Wall Street in nearly two months came to a quiet end on Friday, as stock indexes drifted to a mixed finish.The S 038;P 500 rose 0.2%, but it still ended the week with a drop of 1.1%, which was its worst since December. The Dow Jones Industrial Average gained 169 points, or 0.5%, while the Nasdaq composite fell 0.6%.Stocks have been struggling since rallying in Ja
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pes that the economy could avoid a severe recession and that cooling inflation could get the Federal Reserve to take it easier on interest rates. Worries have worsened recently that a still-stro
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ng jobs market could push upward on inflation and keep rates at a higher-for-longer level, much as the Fed has been warning.Higher rates can drive down inflation, but they also raise the risk of a recession and drag down investment prices. And central banks around the world are intent on tightening the screws by raising rates further, even if at a slower pace