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☆ AI boom in Silicon Valley is going to worsen the housing problem, says CEO of billionaire-backed company trying to build a new city near San Francisco
▼ + stars: | 2024-05-03 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +4 min

Jan Sramek, CEO of California Forever, wants to build a new city in Solano County, California. The recent "AI boom" will only make the housing crisis worse, Sramek told Kara Swisher. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Previously published information from California Forever revealed that the city will be about 18,600 acres with a capacity to welcome 400,000 residents. A California Forever spokesperson didn't address the question in an emailed response to Business Insider.

Persons: Jan Sramek, Sramek, Kara Swisher, —, Goldman Sachs, didn't, The Lever Organizations: Service, Silicon, California Forever, Business, International Monetary Fund, IMF, Research Locations: California, Solano County , California, Northern California, Solano County, San Francisco, Golden State, Bay, Palo Alto

☆ Being an 'old mom' was the right decision for me. Motherhood didn't define my identity.
▼ + stars: | 2024-05-03 | by ( Sara Lyle | ) www.businessinsider.com time to read: +7 min

"I didn't want to be an old mom. Those in the other camp often think: "But aren't there potential health risks to giving birth later?" If you read the research, there are various suggested causes for this trend toward giving birth later, but I can only speak for myself. Sara LyleHere are three reasons why waiting to become a mom was the right path for me1. While being an "old mom" has come with a few wrinkles, both figuratively and literally, the laughter and love make it completely worth it.

Persons: —, Griselda, Joe Manganiello, Vergara, Michelle Williams, Hilary Swank, It's, Sara Lyle, it's, there's Organizations: Service, Spanish, El, Business, United States Census Bureau Locations: New York, Colorado

☆ A millennial living with his parents decided it was time to leave the nest, so he bought and fixed up a crumbling $192,000 house in Malaysia
▼ + stars: | 2024-05-01 | by ( Amanda Goh | ) www.businessinsider.com time to read: +7 min

Read previewWhen the pandemic hit Malaysia in 2020, Kenneth Tan realized he needed his own space. Kenneth Tan Kenneth TanAlthough high property prices in major cities have made it difficult for many young Malaysians to buy their own homes, it's unclear what percentage of millennials still live with their parents in Malaysia. Kenneth Tan"I wanted a swimming pool in my place, so I needed a house that had some land. I'm just happier because I picked the one that I wanted," Tan said. "I actually added quite a lot of arches to it because the original house had them.

Persons: —, Kenneth Tan, stepmom, Tan, Kenneth Tan Kenneth Tan, Kenneth Tan Tan, Kenneth Tan Tan's, Kenneth Tan Part Organizations: Service, Business, Research, Malaysian, Petronas, Towers Locations: Malaysia, Airbnb, Kuala Lumpur, It's, Happy, KL

☆ Election Updates: Trump campaigns in battleground states for the first time since his trial began.
▼ + stars: | 2024-05-01 | by ( Chris Cameron | ) www.nytimes.com time to read: +6 min

The Louisiana secretary of state has ordered that the congressional map be finalized by May 15. Even so, they said, it was evident that creating a second district with a majority of Black voters was lawmakers’ overarching objective. But in the map drawn by the Republican-controlled Legislature, only one of the six congressional districts had a majority Black population. The ruling reaffirmed the Voting Rights Act of 1965, which had been diminished over the years by the court’s conservative majority. Critics of Tuesday’s ruling argued that the repercussions in Louisiana could extend beyond a single election, or even partisan divisions.

Persons: ”, Critics, Eric H, Holder Jr, Liz Murrill, “ I’ve, ’, David C, Joseph, Robert R, “, Carl E, Stewart, —, Tuesday’s, Ashley Shelton, Ms, Shelton Organizations: Black, U.S . Constitution, National Democratic, Republican, U.S, Supreme, . Constitution, State Legislature, Lawmakers, U.S ., Appeals, Fifth Circuit, American, Western, Western District of, Louisiana Legislature, voters, Power Coalition for Equity, Justice Locations: Louisiana, U.S ., ., Baton Rouge, Shreveport, Western District, Western District of Louisiana, Black, U.S

☆ Retiring lawmakers are once again complaining that their $174,000 salary is too low
▼ + stars: | 2024-04-30 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

Retiring lawmakers are once again saying that their $174,000 salary isn't enough. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . That's what happened when Rep. Patrick McHenry, one of many retiring House Republicans, told an interviewer earlier this year that the $174,000 salary that rank-and-file members of both the House and Senate receive is not enough. Now, even more retiring lawmakers are saying the same thing — and acknowledging that they may not be saying it if they weren't on their way out the door. The salary has remained the same since 2009, and if it had kept pace with inflation, lawmakers would now be making more than $250,000 annually.

Persons: haven't, —, they're, Patrick McHenry, McHenry, Ken Buck, I'd, Buck, Tony Cárdenas, I've, Anna Eshoo, it's, Alexandria Ocasio, Cortez, Ken Cuccinelli — Organizations: Service, House Republicans, Colorado Republican, New York Times, California Democrat, Times, Democratic, Trump Locations: California, Alexandria, Cortez of New York

☆ The Fed is focusing on 'flawed' data and keeping rates high will result in a big policy mistake, economist says
▼ + stars: | 2024-04-29 | by ( Yuheng Zhan | ) www.businessinsider.com time to read: +3 min

Read previewThe Federal Reserve's fixation on a streak of "flawed" data to justify keeping interest rates higher for longer is bound to spark a policy mistake, according to top economist David Rosenberg. "The Fed seems to be focusing not just on flawed data, but on headlines only. Finally, he noted that the Fed's long-term view of the economy as still hot based on non-farm payroll data was dashed by the Quarterly Census of Employment and Wages and Business Employment Dynamics. Rosenberg pointed out that the payroll report may be exaggerating actual employment by 70,000 per month. Meanwhile, BED data indicated a 192,000 drop in private employment in Q3 of last year, whereas private job payroll data reported a significant 521,000 increase in that time.

Persons: —, David Rosenberg, Rosenberg, it's Organizations: Service, Business, Fed, Quarterly, Employment Dynamics

☆ ‘Should have been done yesterday’: Rural, older Americans could get hurt as affordable internet program runs out of cash
▼ + stars: | 2024-04-29 | by ( Brian Fung | Jason Carroll | ) edition.cnn.com time to read: +14 min

But in just a few weeks, her internet bills, and those of other Americans like her, could skyrocket by hundreds of dollars a year. The program is heavily used by Americans over age 50, military veterans and low-income working families nationwide, according to FCC data. Amira Karaoud/Reuters/FileRural and older usersThe ACP has quickly gained adoption since Congress created the program in the 2021 bipartisan infrastructure law. Large swaths of the ACP’s user base trend older; Americans over 65 account for almost 20% of the program. The FCC’s Lifeline program, which dates to the Reagan administration, similarly gives low-income households a monthly discount on phone or internet service.

Persons: Cindy Westman, —, I’ll, ”, Westman, ’, Westman —, Gigi Sohn, “, Biden, Allison Bailey /, Cynthia George, George, ” George, Marc Veasey, They’re, Geoffrey Starks, “ It’s, ” Starks, Amira Karaoud, Walter Durham, I’m, ” Durham, Michelle McDonough, McDonough, she’ll, doesn’t, “ I’m, ” McDonough, Kamesha Scott, Louis, Megan Janicki, ” Janicki, Reagan, Mike Johnson, Blair Levin, Johnson didn’t, Levin, Jonathan Blaine, ” Blaine, they’re Organizations: CNN, Program, Social, Federal Communications Commission, FCC, Capitol, Getty, MSN, White, ” Texas Democratic, “, Comcast, ACP, Navy, American Library Association, Lifeline, Republicans, Republican, New, Research, ” Bills Locations: Eureka , Illinois, America, Dallas, Las Vegas, Kentucky, San Diego, United States, Maine, St, Vermont

☆ Florida’s 6-week abortion ban set to take effect this week
▼ + stars: | 2024-04-29 | by ( Deidre Mcphillips | ) edition.cnn.com time to read: +6 min

CNN —A stricter abortion law is set to take effect in Florida on Wednesday — dropping the state’s 15-week ban to a six-week ban — and it will likely affect thousands of people seeking abortion care within the first month alone. In Texas, the number of abortions provided within the formal health-care system dropped by about half after a six-week abortion ban took effect in 2021, and there were thousands more births than expected in the following year. Florida will join Georgia and South Carolina with a six-week ban. The Tampa Bay Abortion Fund anticipates that at least 90% of people who call their hotline will be impacted by a six-week abortion ban and will need to seek abortion care outside of Florida. The six-week ban will only exacerbate those barriers in the cruelest fashion,” Kris Lawler, president of the Tampa Bay Abortion Fund Board said in a statement.

Persons: Court’s Dobbs, Roe, Wade, It’s, don’t, —, Virginia —, ” Isaac Maddow, “, ”, Dobbs, Amber Gavin, that’s, Gavin, ” Gavin, Dr, Sanjay Gupta, ” Kris Lawler Organizations: CNN, Guttmacher Institute, ., Florida Supreme, CNN Health, Chicago Abortion, Abortion, Board Locations: Florida, Texas, South Carolina, Georgia, Delaware, Maryland, Virginia, North Carolina, Louisiana, Florida , North Carolina, New York, Tampa, Chicago

☆ 10 metros where sellers are slashing listing prices the most
▼ + stars: | 2024-04-28 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +3 min

Sellers are reducing prices in cities with surplus housing inventory, according to Redfin data. As sellers lower prices and builders offer concessions, homebuyers are gaining more power. It means two things for prospective homebuyers: One, more sellers are likely to slash listing prices to attract buyers. To calculate which metros have the highest share of sellers reducing list prices, Redfin analyzed home price data from 85 US metros with populations of at least 750,000. Below are the 10 metros with the largest share of price drops in March, according to Redfin.

Persons: Sellers, Price, —, Eric Auciello, Auciello, Redfin Organizations: Service Locations: Florida, Texas

☆ 10 Years, 100 Stories: The Work That Defines the Upshot
▼ + stars: | 2024-04-27 | by ( The Upshot Staff | ) www.nytimes.com time to read: +20 min

Ten years ago this week, The New York Times introduced the Upshot, a section devoted to explaining “politics, policy and everyday life.” That’s a wide scope, by design. As a result, more than 5,000 articles later, the Upshot has been many things to many readers. To mark our 10th birthday, we’ve collected 100 stories that embody the Upshot. WordleBot Eden Weingart/The New York Times When Wordle first became popular, several people on the internet claimed, plausibly, that they had come up with the “best” opening word. Force of Ship Impact Was on the Scale of a Rocket Launch Erin Schaff/The New York Times We think of the Upshot as a place where back-of-the-envelope calculations can be both helpful and welcome.

Persons: ”, Nate Cohn’s, we’ve, Kevin Quealy, John Branch, John, Patrick Thomas, tut, Trump, pollsters, Obamacare, Leif Parsons, We’re, Jason Henry, Tony Luong, Jordan, ‘, Ruth Fremson, Laurel, ’ Rodrigo Corral, Alex Welsh, Paul Romer, Tim Enthoven, Barack Obama, epidemiologists, It’s, you’re, WordleBot Eden, Wordle, Lila Barth, McCabe, Tom Brady, ChatGPT, —, Erin Schaff Organizations: New York Times, Facebook, Yankees, Red, State Newspaper, ESPN, The Athletic, The Times, You’re, Voters, Trump, Mr, Times, Siena College, Walmart, The New York Times, Jordan Siemens, Health, New, Nike, Democratic, Twitter, America, Iowa, Iowa Democratic, Cancer, Hit, Biden, Insurance, Roe America, Disorders, Republican, Republican Party of, U.S, Budget, NASA, National, Traffic, Administration, Yorkers, Force Locations: It’s, Red Sox, State, America, Dakota, Ireland, Chipotle, Japan, U.S, United States, Siena, New Pennsylvania, District, Iowa, Covid, York City, New York, Pennsylvania, Roe, Tonga, Arizona, York, Holland

☆ Upgraded Museums Add New Value to College Campuses
▼ + stars: | 2024-04-27 | by ( Alina Tugend | ) www.nytimes.com time to read: +1 min

Michigan State University and Yale University are very different types of higher education institutions, but they have at least one thing in common: They have been spending millions of dollars to revamp their museums. So have New York University. And Utah State University. There is no exact number of how many college museums are being renovated or even how many exist nationwide. the majority are art museums but include history, natural history, science and anthropology.

Organizations: Michigan State University, Yale University, York University, Princeton, Penn State, Utah State University, The, Academic Museums Locations: Penn, United States

☆ 30-year-old supercommutes over 500 miles to work in New York: ‘I'm the happiest I've ever been’
▼ + stars: | 2024-04-26 | by ( Morgan Smith | ) www.cnbc.com time to read: +5 min

Some mornings, Kaitlin Jorgenson travels 544 miles to get to a job she'll be at for 72 hours. Although Jorgenson was ready to leave New York, she didn't want to give up the career she had built there. All in all, Jorgenson estimates she would spend a minimum of $4,000 each month to live and work in Manhattan. Moving to Charlotte, Jorgenson estimates, has saved her at least $2,000 each month — commuting expenses and all. During the weeks she's not in New York, Jorgenson works part-time at Superbloom Hair Studio in Charlotte, a job with flexible hours that change depending on Jorgenson's appointment schedule.

Persons: Kaitlin Jorgenson, she's, she'll, Jorgenson, Scott J, — Organizations: Charlotte Douglas International, CNBC, Companies, National Bureau of Economic Research, Corporate Locations: New York City, Charlotte , North Carolina, Brooklyn, Charlotte, New York, —, New Jersey, Manhattan, New, LaGuardia, Houston, Chicago, Queens

☆ Climate change could cost Americans born in 2024 nearly $500,000 in their lifetime
▼ + stars: | 2024-04-26 | by ( Annie Nova | ) www.cnbc.com time to read: +7 min

The October report found that around 13% of Americans reported economic hardship over the prior year due to climate change. Climate change could cost Americans born in 2024 nearly $500,000, due to higher taxes and pricier housing and food, among many other factors, ICF, a consulting firm, recently found in a report commissioned by Consumer Reports. Stan Honda | AFP | Getty ImagesOther health effects of climate change reflect more widespread shifts in global conditions. "There are clear interactions between heat waves and health conditions," said Charles Driscoll, a professor at Syracuse University who studies climate change. Climate change leads to droughts, which lead to crop failures, which cause food price spikes.

Persons: Chandan Khanna, Andrew Rumbach, Eva Marie Uzcategui, Wagner, Rumbach, Stan Honda, Charles Driscoll, Driscoll, Ringo H.W, Chiu, Mark Kantrowitz, Gernot Wagner Organizations: AFP, Getty, U.S . Department of, Treasury, Consumer Reports, Urban Institute, Bloomberg, U.S . Census, Insurance, Swiss Re Institute, Health, Natural Resources Defense, Syracuse University, International Labour Organization, Kaiser Family Foundation, of Labor Statistics, Columbia Business Locations: Fort Lauderdale , Florida, U.S, Fort Myers Beach , Florida, Florida , Louisiana, California, Hurricane, Queens, New York, Malibu, Malibu , Calif

☆ New home sales inch higher despite 7% mortgage rates: 'There's more opportunity,' economist says
▼ + stars: | 2024-04-26 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +1 min

While the spring housing market has been plagued with low supply, high prices and spiking interest rates, would-be homebuyers are focusing on new construction. New homes have more incentives and availability than previously owned ones. "There's more opportunity in new construction," said Nicole Bachaud, a senior economist at Zillow Group. Meanwhile, sales for previously owned homes dropped by 3.7% from March 2023, the National Association of Realtors found. With 30-year fixed-rate mortgage rates sitting above 7%, homeowners who bought at much lower rates in recent years don't like the prospect of trading in their low rate for a higher one.

Persons: Nicole Bachaud, Biden, Bachaud Organizations: Zillow, . Census, U.S . Department of Housing, Urban Development, National Association of Realtors, Finance, Buyers Locations: U.S

☆ A 63-year-old peak boomer is 'incredibly scared' Social Security won't be enough to cover her expenses in retirement: 'I'll probably need to work until I die'
▼ + stars: | 2024-04-26 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +5 min

She's part of the "peak boomer" cohort, most of whom will rely on Social Security in retirement. I was somebody who did really well, and it's very disheartening because I have no idea what's going to happen with retirement," Senffner told BI. "My husband and I are both a year and a half from retirement age, but I think I'll probably need to work until I die because there's no money." Just Social Security isn't going to cover that." And with the Social Security fund set to dry out by the late 2030s — unless lawmakers intervene — Senffner is "incredibly scared" about her future.

Persons: Diane Senffner, She's, —, doesn't, Senffner, she'll, Diane Senffner Senffner, hasn't, it's Organizations: Social Security, Service, Business, Alliance, Lifetime, Income, Security, Survey, Walmart, AARP

☆ What it’s really like to live in Macao
▼ + stars: | 2024-04-25 | by ( Lilit Marcus | ) edition.cnn.com time to read: +9 min

Macao, the Chinese special administrative region (SAR) often twinned with Hong Kong, is known as the Las Vegas of Asia. But travelers who are willing to dig in a little deeper can explore Macanese culture, which mixes Portuguese, Chinese and Southeast Asian heritages. Macao is comprised of two islands – the north one, Macao itself, and its southern neighbor Taipa. “In Asia, [people] think that Macao is full of casinos, and I think they do not understand the other parts of Macao,” says Lai. That means that they can live in Macao without a work visa and do not need a company sponsoring them.

Persons: CNN — “, ”, Vivian Lai, Taipa, Lai, ” Marina Fernandes, Michael Maslan, “, it’s, Uber, Fernandes, Eduardo Leal, Ricardo Balocas, Balocas, Don’t Organizations: CNN, Las, Macanese Association, Bloomberg, Macao International Airport, Joseph’s University, Macao, Henley Locations: Macao, Hong Kong, Las Vegas, Asia, China, Taipa, “, ”, Europe, Portuguese, Zhuhai, Macao’s, Singapore, Jakarta, Hanoi, Bangkok, Beijing, North America, Shenzhen, Guangzhou, Bay Area, Portugal, Macao's, Lisbon, St, Philippines, ‘ Little Lisbon, it’s

☆ I just don’t get Taylor Swift
▼ + stars: | 2024-04-25 | by ( Aj Willingham | ) edition.cnn.com time to read: +6 min

I just don’t get Taylor Swift. Again, I respect the Taylor Swift lovers. The Cut recently published a piece by a woman who ended a relationship with a friend who didn’t like Taylor Swift. However, the days of Taylor Swift as an ultimate cultural barometer may be waning. If you don’t love Taylor Swift, if you don’t hate her; if she is simply not something that affects your life whatsoever, it’s probably safe to come out now.

Persons: Taylor Swift, it’s, Taylor, Swift, Kat McKenna, there’s, “ Cardigan, Stanley, Said, Travis Kelce Organizations: CNN, Department, The Spectator, BBC, Spotify, Paste Magazine, Kansas City Chiefs

☆ Meet a Gen X ALICE in Michigan who struggles to pay for prescriptions and can only afford one meal a day: 'I make too much to get help.'
▼ + stars: | 2024-04-25 | by ( Allie Kelly | ) www.businessinsider.com time to read: +5 min

This story is available exclusively to Business Insider subscribers. As the main income earner for her household, Tobias works to support her 19-year-old son, her fiancé, and her fiancé's mother. Advertisement"I make too much to get help," she told Business Insider. AdvertisementAnd, guaranteed basic-income programs — which are being tried in cities across the US — typically only apply to families living below the poverty line. Tobias works full-time but struggles to afford utilities and healthcareElectricity and mortgage bills are Tobias' top expenses.

Persons: —, Cherie Tobias, hasn't, Tobias, ALICE, Applebee's doesn't Organizations: Service, Business, Survey, United Way's Locations: Hastings , Michigan, Michigan

☆ Meet the typical new entrepreneur: A young woman living in the South who's doing it as a side hustle
▼ + stars: | 2024-04-24 | by ( Jacob Zinkula | Juliana Kaplan | ) www.businessinsider.com time to read: +8 min

The newest entrepreneurs are both young and old and looking to grow their wealth through their businesses. The share of new Hispanic entrepreneurs rose from 8% in 2022 to 13% in 2023, Gusto found. Many new entrepreneurs are open to using AI tools and hiring remote workers, per the Gusto survey. The share of entrepreneurs who started a business while juggling another gig rose from 27% in 2022 to 44% in 2023. The Babson report found that most US entrepreneurs, 71%, were motivated by the prospect of boosting their wealth through their businesses.

Persons: They're, —, Ewing Marion, Luke Pardue, Babson, Entrepreneurship isn't Organizations: Service, Bureau of Labor Statistics, Babson College, Midwest Women, Pew Research Center, Ewing Marion Kauffman Foundation, Bureau, Kauffman Foundation, Entrepreneurs, Business Administration, Entrepreneurship Locations: Midwest, New Hampshire, Minnesota, Montana, Northeast, West

☆ In 50-50 Georgia, unhappiness with the choices but urgency about voting
▼ + stars: | 2024-04-24 | by ( John King | ) edition.cnn.com time to read: +12 min

Yet she couldn’t bring herself to vote for Biden and didn’t vote that year. In the 2000 election, Democrat Al Gore received 70% in DeKalb; in 2020, Biden won 83%. Massachusetts native Kim Cavaliere, who moved to Georgia over 20 years ago, is pictured at her home in Dacula, Georgia. She’s still inclined to vote third-party again but is perhaps open to reconsidering if Georgia could settle a close race. It is rural, and reliably red – Trump won 71% of the county vote in 2020.

Persons: Christine Nguyen’s, Nguyen, ” Nguyen, ” Decatur, Donald Trump, Joe Biden, –, Trump, Biden, Christine Nguyen, she’s, “, Celia Gardner, Jan Gardner, ”, ” Jan Gardner, Celia, ” Celia Gardner, Democrat Al Gore, Gwinnett, George W, Bush, “ I’ve, Kim Cavaliere, Cavaliere, ” Cavaliere, Count Cavaliere, She’s, – Biden, …, ” Carey Fulks, John King, CNN Carey Fulks, Fulks, ” Fulks, ” Biden, – Trump, Matt Vrahiotes, ” Vrahiotes, it’s, Vrahiotes, Ron DeSantis, “ I’m, Trumper, who’s, “ Kennedy, Robert F, Kennedy Jr, ” Vrahioties, Atlanta’s Organizations: Georgia CNN, White, CNN, Trump, DOJ, Justice Department, CIA, Schools, Democrat, Biden, Gwinnett County, “ Democrat, Republican, Sweet, Florida Gov, GOP Locations: Decatur, Georgia, ”, DeKalb County, Atlanta, Decatur , Georgia, Israel, DeKalb, Dunwoody, Dunwoody , Georgia, Neat, White DeKalb, Gwinnett County, Massachusetts, Dacula , Georgia, Grove, Covid, Fulton County, Gwinnett, Acre, Alto, Hall County, Alto , Georgia, York

☆ A Gen X couple moved from California to Massachusetts to escape high housing costs: 'We still pinch ourselves over how lucky we are.'
▼ + stars: | 2024-04-23 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +8 min

AdvertisementSteve Dalton, 56, and his partner Sydney Sauber, 58, were ready to leave the Bay Area of California after nearly two decades. Leaving California for MassachusettsDalton, an IT professional for a university, was born and raised in the Bay Area. While there, she met Dalton, and they moved into a condo in San Pablo two years later in 2010. As they reached retirement age, the couple wanted to purchase a house, though they knew that would be implausible in the Bay Area with their budget. He estimates a similar home in the Bay Area would cost over $2 million.

Persons: Steve Dalton, Sydney, Dalton, —, they've, Worcester, Massachusetts Dalton, Pablo didn't, Sauber, he's, They've Organizations: Sydney Sauber, Sauber, Worcester, Service, Survey, Chevron, Red Sox Locations: California, Massachusetts, Bay, West Coast, Worcester , Massachusetts, Worcester, Marin County, San Francisco, Contra Costa County, Puerto Rico, New York , Texas, Florida, New England, Northampton, Salem , Massachusetts, Dover , New Hampshire, East, San Pablo, Oakland, Pablo, Englanders

☆ Buy these 'AI revolutionaries' trading at a discount, Evercore ISI says
▼ + stars: | 2024-04-23 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

The artificial intelligence revolution is just getting started, and that means there are opportunities for investors to scoop up some names at a discount, according to Evercore ISI. Yet adoption is low, with less than 5% of U.S. firms reporting using AI, he said, citing U.S. Census Bureau data. To find "AI revolutionaries" that are trading at a discount, Evercore ISI looked for companies in the Russell 1000 with strongly trending AI mentions — either surpassing the index or the company's sector average. One of the names on the list is Uber Technologies , which mentioned AI 17 times last year. The company is also using AI to increase productivity.

Persons: OpenAI's ChatGPT, Julian Emanuel, Emanuel, Russell, —, Uber's, Dara Khosrowshahi, they're, CNBC's, Goldman Sachs, David Solomon, Solomon, Goldman's, Penny, Glenn Fogel, Fogel Organizations: ISI, Census, Nvidia, Nasdaq, Uber Technologies, Holdings Locations: U.S

☆ Trump’s immunity case is another reminder that all roads now lead to the Supreme Court
▼ + stars: | 2024-04-22 | by ( Ronald Brownstein | ) edition.cnn.com time to read: +17 min

CNN —The Supreme Court’s hearing Thursday on former President Donald Trump’s immunity claim will underline a historic power shift. Trump’s relationship has been complex with the court’s conservative majority – despite his instrumental role in establishing it. In sharp contrast, the court’s conservative majority has exerted its influence year after year, without interruption. “There is just much more intense vetting of Supreme Court justices,” said Pierson. “You can tell by the results of the court decisions over the past several years that it is fundamentally different.

Persons: Donald Trump’s, “, ”, Jeff Shesol, Franklin D, John Roberts, Amy Coney Barrett, Ruth Bader Ginsburg, Paul Pierson, –, Barack Obama’s, Roberts, Joe Biden, Trump, they’ve, Michael McConnell, Jack Smith, Gore, outvoted, George W, Bush, MAGA, Michael Waldman, ” Waldman, Bill Clinton, Richard Nixon, Nixon, Waldman, ” McConnell, McConnell, Sandra Day O’Connor, Anthony Kennedy, Ronald Reagan, David Souter, George H.W, Pierson, Obama, Brett Kavanaugh, Barrett, Cecilia Munoz, Biden, “ It’s, Samuel Alito, Clarence Thomas, Clinton, ” Shesol, FDR, Shesol Organizations: CNN, White House, GOP, Republican Party, Trump, Republicans, University of California, Democratic, House, White, Constitutional, Center, Stanford University Law School, Brennan Center for Justice, New York University School of Law, Senate, Republican, Federalist Society, Alabama, Electoral, Citizens, Constitutional Law Center, New, Great Society Locations: Berkeley, Manhattan, Florida, “, George H.W . Bush, Shelby County

☆ Should the SAT still matter after all these years? Why some colleges are bringing it back
▼ + stars: | 2024-04-21 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +15 min

The longest-enduring standardized college admissions test in the nation, the SAT has faced decades of controversy over bias and criticism for reducing aspiring college students to a test score. Discrepancies with standardized testing appear to be symptomatic of the inequality endemic to the education system. In 2005, the College Board added an 800-point writing section to the exam alongside its math and verbal reasoning sections. In this Jan. 17, 2016 file photo, a sign is seen at the entrance to a hall for a college test preparation class in Bethesda, Md. Alex Brandon/APThe College Board told CNN it has also done away with its esoteric vocabulary in the past decade.

Persons: ”, Carl Brigham, Brigham, classism —, Daaiyah Bilal, Harry Feder, Barnes, Noble, Mario Tama, haven’t, Daniel Koretz, Koretz, Scott Eisen, Brown, ” Dartmouth, Ethan Hutt, Horace Mann, Warren K, Leffler, Alex Brandon, It’s, Rachel Rubin, Jack Schneider, ” Schneider, David Coleman, “, ” Coleman, it’s Organizations: New, New York CNN, National Center for Fair, Princeton, College Board, CNN, National Education Association, ACT, Ivy League, Harvard’s Graduate School of Education, Harvard’s, Dartmouth College, Yale, Dartmouth, Harvard, University of Florida, University of Texas, ” UT Austin, College Board's, University of North, Chapel Hill’s School of Education, Massachusetts, of, Phillips Exeter Academy, of Congress, Census, Board, UMass Amherst’s Center for Education, Holton Arms, The College Board, Khan Academy, The Locations: New York, New York City, United States, Guatemala, Hanover , New Hampshire, Georgetown, Austin, Dartmouth, University of North Carolina, Hutt, “, Boston, Harvard, Bethesda, Md, Iowa, Northeast

☆ The most electric vehicle-friendly states, ranked
▼ + stars: | 2024-04-20 | by ( Talia Lakritz | ) www.businessinsider.com time to read: +1 min

EV Charger Reviews evaluated the most electric vehicle-friendly states. They evaluated states based on factors including electricity costs and state tax credits. Maine was ranked the top state for EVs, followed by Colorado and Vermont. EV Charger Reviews used data from sources such as the US Department of Energy, the US Census Bureau, and the US Energy Information Administration to evaluate the EV factors in all 50 states. Each factor was assigned a numerical score and ranking, which helped determine the states' overall scores.

Persons: Maine Organizations: Colorado and, Service, US Department of Energy, Census Bureau, US Energy Information Administration Locations: EVs, Colorado, Colorado and Vermont

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