Business/Economy (News/Activism)
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We are living through what is being called the silver tsunami. According to Legal Jobs, “about 10,000 baby boomers turn 65 each day, and the entire generation is expected to reach retirement age by 2030.” While many people spend their working years aiming to eventually retire, there are reasons why complete retirement should not be a primary goal. For my book, Leading with Wisdom: Sage Advice from 100 Experts, I interviewed more than 100 top authorities about leadership and life. A recurring theme during these conversations was the idea that complete and total retirement should not be anyone’s end goal....
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No matter how much you like your colleagues, don’t think of your workplace as a family, says Airbnb CEO and co-founder Brian Chesky. In 2020, at the height of the Covid-19 pandemic, Chesky penned a note to employees explaining that the company would conduct layoffs. “I have a deep feeling of love for all of you,” he wrote. It made sense: Workplace families were a particularly popular loyalty-building concept among tech companies pre-Covid, with perks like free food, dry cleaning and in-office gyms encouraging employees to spend more time in the office than with their actual families. But today, Chesky...
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Student debt in the U.S. has ballooned to over $1.7 trillion, burdening millions of Americans with financial stress. Rising tuition costs and stagnating wages are considered to be the major drivers of this issue.To gain insight into how this is affecting students, Visual Capitalist's Marcus Lu visualized the results of WalletHub’s Student Money Survey.This survey was conducted in 2024 with a nationally representative sample of 210 students. Results were normalized by gender and income.Data and Key FindingsStudent wealth surveys can provide unique insights into the financial preparedness of younger Americans.Starting with post-grad fears, it appears that the majority of students...
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China’s Chang’e-6 Moon mission was launched on May 3. It reached lunar orbit a few days later and began waiting for sunrise over its landing site on the Moon’s far side. Chang’e-6 is named after the Chinese goddess of the Moon and it will land on Sunday in a crater called Apollo — an ancient double-ringed walled plain caused by an asteroid smashing into the young Moon. Apollo has been heavily damaged by subsequent impacts and in many places covered with lava flows and sprinkled with particles from newer impacts. It is as Buzz Aldrin said, a magnificent desolation. It...
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Coloradans will pay nearly three times more per kilowatt hour during peak times through Sept. 30.. DENVER – Xcel Energy customers in Colorado with smart meters will start paying more for electricity during certain hours this summer starting Monday, a measure company officials said is aimed at saving “everybody money.” The "time of use" pricing rate, which went into effect June 1, means Xcel customers will pay more than two times the price per kilowatt hour (kWh) if using energy during peak time hours, from 1 p.m. to 7 p.m. on weekdays. Customers using electricity within that timeframe will see...
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attacked after going on a date in Chicago's Streeterville neighborhood on Friday. The couple found themselves surrounded by teens around 8:30 p.m. at Grand Avenue and McClurg Court. They were kicked, stomped on, and punched repeatedly. Nina, who didn't want to show her face on camera, shared images with FOX 32 showing a chunk of her hair pulled out. During the interview, her eye was still bruised. Her husband was also viciously attacked by the group, which held him down.
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In an unusually public conflagration between an artist’s estate and a tech giant, the Ansel Adams Trust hit back at Adobe for selling AI-generated images using the famed photographer’s name. Adams, a member of the famed Group f/64, is best known for his images of the American West, whose vast forests and mountains he photographed in sleek black and white. On its stock photography website Adobe Stock, the company was selling pictures produced using generative AI that recalled Adams’s work, albeit with noticeable differences. In one picture that has since been deleted from Adobe Stock, a cloud rolls into...
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Spirit Airlines Inc. is losing its chief financial officer to another troubled company — Hertz Global Holdings Inc. — as the carrier works to restructure a crushing debt load and the car rental company reboots after a failed bet on electric vehicles. Hertz is rebuilding after acquiring a fleet of mostly Tesla EV models that renters didn’t want and that cost more to repair than the company anticipated. Hertz also has been hurt by plummeting values for the EVs it bought after Tesla cut prices, resulting in higher-than-expected first-quarter losses of $392 million.
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Aslow-motion collapse in the offshore wind industry continues to grow as sticky inflation and supply chain challenges force developers to delay or cancel major projects. In particular, progress towards the Biden administration’s goal of building large amounts of floating wind off the northeastern US coast is just about stalled. Shell, which invested in a series of offshore wind projects in recent years, including offshore the northeastern United States, announced last week it would lay off much of its offshore wind business staff as the oil giant advances its program of refocusing on its core oil and gas business. “We are...
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The New York Stock Exchange said Monday it was investigating a "technical issue" that was leading to large fluctuations in the prices of certain stocks including Warren Buffett's Berkshire Hathaway.
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Fauci said he does not know where the six foot social distancing rule came fromHe also said that he was unaware of studies recommending masks for kids Bombshell testimony from Dr. Anthony Fauci reveals he made up the six foot social distancing rule and other measures to 'protect' Americans from covid.Republicans put out the full transcript of their sit down interview with Fauci from January just days before his highly-anticipated public testimony on Monday. They plan to grill him about covid restrictions he put in place, that he admitted didn't do much to 'slow the spread' of the virus. Kids'...
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Over half of American voters won’t be taking a vacation this summer, and about three-fourths of those unable to take a fun break cited finances as their reason. Meanwhile, rising inflation, dropping real wages, and other disasters continue to plague Joe Biden’s economy. Many Americans increasingly are struggling just to meet basic expenses, and luxuries like vacations are growing more out of reach for the ordinary citizen. Of course, Joe Biden has continued to vacation at an unprecedented rate, but his administration is ensuring that Americans not part of the Democrat elite cannot enjoy the same privilege. The majority of...
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Transportation Secretary Pete Buttigieg was asked on CBS News' "Face the Nation" about the $7.5 billion taxpayers have been levied for a nationwide EV charging station network. In the over two years since the funding was announced, the Federal Highway Administration (FHA) has managed to produce only seven, despite the announced plans call for a half million stations being built six years from now by 2030. Buttigieg was unfazed when asked about the numbers.
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The Donald Trump campaign has raised a staggering $200 million since the former president was found guilty of 34 felonies last Thursday, his son Eric Trump said Sunday. Eric, who is married to The Republican National Committee (RNC) Co-Chair Lara Trump, said she told him the figure was comprised of over $70 million in small donor fundraising in the three days since his father was found guilty of 34 felonies related to falsifying business records. 'This might be a little inside information, but as I was leaving my house about 37 seconds ago, I asked my wife, what are we...
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Nvidia on Sunday unveiled its next generation of artificial intelligence chips to succeed the previous model, which was announced just months earlier in March.Nvidia CEO Jensen Huang announced the new AI chip architecture, dubbed "Rubin," ahead of the COMPUTEX tech conference in Taipei.Rubin comes months after the March announcement of the upcoming "Blackwell" model, which is still in production and expected to ship to customers later in 2024.Huang's announcement of Rubin appears to quicken the company's already-accelerated pace of AI chip advancement.Nvidia has pledged to release new AI chip models on a "one-year rhythm," as Huang put it on Sunday....
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The Trump verdict last Thursday overshadowed a far more disturbing portent for New York: yet another daytime attack in the heart of Times Square, the second in a month, this time a machete assault outside a McDonald’s at 45th and Broadway. New York’s failure to control crime — regular crime, not Trump crime — is slowing its tourism recovery, as new statistics from Broadway’s theater industry show. Like New York overall, Broadway is having a slow rebound from the COVID-19 pandemic.
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The Biden administration is doing an end-run around the nation’s immigration laws — by giving migrants work permits in record numbers. Since President Biden took office, more than 3.3 million migrants have been given a Employment Authorization Document (EAD), commonly known as the federal work permit, even though many didn’t even legally have the right to be America. And as of February of this year, pending EAD applications stood at an another 1.4 million. In many cases, migrants are given the right to work before they are even given asylum, a green card or other legal documentation that allows them...
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New York Times columnist Maureen Dowd said this weekend that her sister is backing former President Trump’s reelection bid following the guilty verdict in the New York hush money criminal trial. In a column published Saturday, Dowd said after the guilty verdict, she called her brother and her sister — both of whom, she said, are Republicans who had hoped for a Ron DeSantis and Nikki Haley victory — to gauge whether Trump’s conviction had been a final straw for them. Dowd said she was surprised to hear that her sister was swayed in the other direction. “I wasn’t going...
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During the pandemic, the American people started to feel that Big Government was very cozy with Big Pharma. Now we know just how close they were. New data from the National Institutes of Health reveals the agency and its scientists collected $710 million in royalties during the pandemic, from late 2021 through 2023. These are payments made by private companies, like pharmaceuticals, to license medical innovations from government scientists. Almost all that cash — $690 million — went to the National Institute of Allergy and Infectious Disease (NIAID), the subagency led by Dr. Anthony Fauci, and 260 of its scientists....
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Liberal singer John Legend blamed "disinformation" and ideas about "masculinity" for driving Black and Latino voters to support former President Trump this election. "I do think Trump performs a form of masculinity that is appealing to some men," Legend reacted to a question about polls showing Trump's increased support from younger Black voters, in an interview with "Pod Save America" on Tuesday. "That may explain the uptick." The coach on "The Voice" went on to argue that these voters wrongly believe the economy has been suffering under President Biden.
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