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Researchers at University of Michigan have developed a fake news detector to help fight against misinformation. The technology is "an algorithm-based system that identifies telltale linguistic cues in fake news stories." The team says the system is "comparable to and sometimes better than humans at correctly identifying fake news stories."According to their study, linguistic analysis tracks things like grammatical structure, word choice, punctuation and complexity. But there are challenges to making sure the system properly deciphers stories. Researchers say the difficulty in building a fake news detectors is not in developing the algorithm itself, "but in finding the right data with which to train that algorithm."The system is still in its beta stage. Details of the fake news detector system will be presented on August 24 at the International Conference on Computational Linguistics in Santa Fe. Read the full study here. 962

President Donald Trump tweeted on Wednesday that his administration is not considering renaming military bases named after 10 Confederate military leaders.Earlier in the week, amid national unrest over police brutality against African Americans, and racial injustice, the Defense Department said it was open to discussions on renaming the bases. The announcement came as a number of local leaders have announced the removal of statues of Confederate military leaders from a number of public plazas.But Trump closed that door on Wednesday.The tweets read, “It has been suggested that we should rename as many as 10 of our Legendary Military Bases, such as Fort Bragg in North Carolina, Fort Hood in Texas, Fort Benning in Georgia, etc. These Monumental and very Powerful Bases have become part of a Great American Heritage, and a history of Winning, Victory, and Freedom.“The United States of America trained and deployed our HEROES on these Hallowed Grounds, and won two World Wars. Therefore, my Administration will not even consider the renaming of these Magnificent and Fabled Military Installations. Our history as the Greatest Nation in the World will not be tampered with. Respect our Military!”The Confederate government symbols have become a point of contention among supporters of Black Lives Matter, and that the Confederate leaders led a government to preserve slavery in the South. 1402

President Trump nominated Federal Reserve Governor Jerome Powell on Thursday to lead the world's most influential central bank.A Fed governor since 2012 and former Treasury official under the George H.W. Bush administration, Powell will replace current Fed Chair Janet Yellen. Yellen was nominated in 2013 by President Obama. Her term as the central bank's first female leader expires in February.It will be the first time in four decades that a new president hasn't asked the current Fed chair to stay on for a second term.Powell was among five candidates considered for the job. Also on the president's short list: former Fed governor Kevin Warsh, Stanford University economist John Taylor, the president's top economic adviser, Gary Cohn and Yellen.Ahead of Trump's formal announcement Thursday, Cohn praised the president's choice. "I'm really supportive of the president's decision -- and it's a great decision," he said speaking before The Economic Club of Washington.Related: Fed leaves interest rates alone and waits for TrumpThe position of Fed chair requires Senate confirmation. Republicans currently hold the majority and would be able to confirm Powell without any Democratic support, if necessary.At 64, Powell has been Yellen's ally on monetary policy, while also calling for easing some of the regulations on banks put in place after the 2008 financial crisis.Unlike almost all of his predecessors in the position, Powell is not an economist by training. Instead, he was a lawyer and former partner at private-equity firm, Carlyle Group.Two immediate challenges face Powell once he is confirmed in the role: How quickly to raise interest rates and how to continue to safely unwind the Fed's hefty balance sheet.It's the job of central bankers to shift policy levers, nudging interest rates higher or lower, to boost jobs and keep prices, or inflation, at the optimal level.What's made their job trickier is that inflation is signaling the Fed should not increase rates. But economic growth and a low unemployment rate of 4.2% are saying it should.Related: Powell would be the first investment banker to chair the Fed Powell has been supportive of Yellen's plan to gradually raise interest rates, if there are continued signs of improvement in the economy."The economy is as close to our assigned goals as it has been for many years," said Powell in a June speech at the Economic Club of New York. "Risks to the forecast now seem more balanced than they have been for a some time."Powell will also have to oversee how the central bank continues to shed some of the .5 trillion in investments it made in order to prop up the economy after the financial crisis. The Fed began the process of unwinding almost a decade's worth of stimulus investments in September.For years, the central bank piled up purchases of Treasury and mortgage-backed securities, a strategy intended to stimulate the economy by reducing borrowing costs for everyone. At the time, it also reduced its benchmark interest rate to zero, and only began raising it in December 2015, seven years after the crisis.Related: Fed taps Jerome Powell to head oversight of 'too big to fail' banksPowell voted in favor of winding down the Fed's balance sheet. And like Yellen, he's left the door open for a new round of asset purchases in the event of another crisis.In April, the Fed tapped Powell to serve as the new point man overseeing how Wall Street banks are regulated after Daniel Tarullo, the central bank's regulatory czar stepped down. Tarullo held the position for the past eight years.In this role, the Fed governor has sided with the Trump administration on easing some of the regulatory burdens on banks. He's specifically suggested relaxing the so-called Volcker Rule, which bars banks from taking risky bets with taxpayer money.The-CNN-Wire 3838

President Donald Trump's son has been called for jury duty in Manhattan, TMZ reports.Donald Trump Jr., the president's oldest son, reported to a jury pool room in the New York County Criminal Court building today, Feb. 28. Secret Service was surrounding the building, TMZ says.The courthouse reportedly had a big line to enter it, possibly from increased security. 372

REDWOOD CITY, Calif. (KGTV) -- A sea lion is resting after being rescued from a parking structure in Redwood Monday. According to the Redwood City Fire Department, the sea lion was rescued from a parking structure. The 5-month-old pup, named Santos by the department, made it back to the fire station where he posed for pictures before taking a nap. RELATED: Sea World employees rescue Sea lion strangling from plastic ribbon on Boomer's BeachThe department says Santos was later picked up by the Marine Mammal Center. The center plans to monitor and treat Santos before being released. 595

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