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The Latest Breaking News from SNAP

Despite the Fed’s best efforts, inflation remains above the comfort zone. Minutes from the Fed’s meeting show that officials are keen on raising interest rates. This could keep the stock market under pressure this year. Therefore, it could be wise for investors to steer clear of Shopify (SHOP), Snap (SNAP),…

StockNews.com

Say hello to the new crop of ChatGPT-powered apps

Instacart, Shopify, and Quizlet join Snap in announcing new product features using OpenAI's ChatGPT technology

Fortune

Snapchat launches neutered version of ChatGPT for paying users

The ‘My AI’ chatbot can’t swear, discuss politics or write your essay for you

Evening Standard

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States strive to help SNAP recipients cope with lower benefits

The white words on a red background are plain. “Important notice: SNAP emergency allotments ending after February.”

Tribune News Service

Edinburgh UFO sighting as strange orb light filmed shooting across night sky

There has been an increase in strange sightings of structures and lights in the skies above Scotland's capital. One Snapchat user captured an odd looking orb light travelling through the sky.

Edinburgh Live

Pandemic food assistance that held back hunger comes to an end

Millions of people who depend on the Supplemental Nutrition Assistance Program known as SNAP will see a cut of $90 a month or more. Some recipients say it will make it harder to buy healthy food.

WEKU

Screw It, Put a Chatbot in Every App

Other apps are following Bing's lead and incorporating AI chat features. All the hype might accidentally help us figure out what chatbots are really good for,

Inverse

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Why poverty rates are likely to rise this year

SNAP benefits are one of the last big aid bumps to expire.

Axios

SnapGPT? AI chatbot launched for Snapchat users

The new tool promises to ‘plan a hiking trip for a long weekend, suggest a recipe for dinner, or even write a haiku about cheese’

Evening Standard

Looming cuts to emergency SNAP benefits threaten food security in rural America

ELKO, Nev. — On a cold morning in early February, Tammy King prepared and loaded boxes and bags of vegetables, fruits, milk, frozen meat and snacks into cars lined up outside the Friends in Service Helping food pantry, known in rural northeastern Nevada as FISH.

Tribune News Service

What to know about SNAP benefits returning to pre-pandemic amounts

After the cuts, payments will go down to about $6.10 per person, per day. That's around $2 a meal.

Axios

LOCALIZE IT: End to extra COVID food aid affects millions

EDITORS/NEWS DIRECTORS:

The Independent UK

US ending extra help for groceries that started during COVID

Nearly 30 million Americans who got extra government help with grocery bills during the pandemic will soon see that aid shrink

The Independent UK

Anti-Medicaid Trumpkin advising GOP

Trump admin budget hawk Russ Vought "has emerged as one of the central voices shaping the looming showdown"

Salon

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StockNews.com

1 Internet Stock to Buy in 2023 and 1 That's Worth Selling

Internet usage is growing amid rapid digitization worldwide. Moreover, lucrative federal initiatives to improve internet connections across the country are expected to drive significant growth in the sector. Given the favorable prospects of the industry, quality internet stock Tripadvisor (TRIP) could be an ideal buy in 2023. However, fundamentally weak…

The Conversation

Extra SNAP benefits are ending as US lawmakers resume battle over program that helps low-income Americans buy food

Millions of Americans will find it harder to put enough food on the table starting in March 2023, after a COVID-19 pandemic-era boost to Supplemental Nutrition Assistance Program benefits comes to an end. Congress mandated this change in budget legislation it passed in late December 2022.

Los Angeles Times

USDA tells Senate panel it's struggling to feed needy families

WASHINGTON — A U.S. Department of Agriculture official testified Thursday that some of the agency’s food programs are being overburdened in the push to feed needy families.

Tribune News Service

Americans are losing key food subsidy as prices get higher and higher

As the cost of living in the U.S. has gone up, government subsidies to help people pay for basics have disappeared one-by-one. Up next on the chopping block: Emergency allotments of a food-assistance program that supports 30 million Americans living in 32 states.

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Roll Call

Renewed push is on to help hungry military families - Roll Call

Congress is seeking legislative fixes to the scourge of military hunger, which is a persistent problem for the Pentagon.

Axios

The fight over ending COVID food benefits

As panemic-era food benefits phase out, low-income households face increasing financial strain.

The Guardian - US

‘Horrible timing’: pandemic food relief ends as inflation sends families scrambling

Emergency allotments helped families weather the Covid crisis and rising prices – but they’ll end in March

StockNews.com

3 Sorry Stocks to Sell Now Before It Gets Too Late

Rising borrowing costs could cause an economic downturn and induce more volatility in the stock market. Hence, it could be wise to avoid fundamentally weak stocks Snap (SNAP), Robinhood Markets (HOOD), and Peloton Interactive (PTON) before it gets too late. Read more….

Tribune News Service

States scramble to replace ripped-off SNAP benefits

Last September, when Baltimore resident Tzu Yang went grocery shopping for his intellectually disabled daughter with a food benefits card that he thought was worth about $300, he discovered at the checkout that the card had no value left. The same thing happened in October, November and December.

StockNews.com

2 Hot Internet Stocks to Buy Right Now and 1 to Avoid

The internet industry is expected to witness healthy growth amid growing digitization and government initiatives to make the internet accessible to all. Given the sound prospects of the industry, investors should consider buying quality internet stocks, Data Storage (DTST) and Tripadvisor (TRIP), which are gaining in price lately and should…

The Independent UK

Big tech job cuts keep coming; Zoom latest to trim headcount

The tech industry started the year with a wave of job cuts, around 50,000 in January alone, and there doesn’t appear to be any let up this month

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People

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