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☆ Universal basic income is working — even in red states
▼ + stars: | 2023-10-29 | by ( Michael Venutolo-Mantovani | ) www.businessinsider.com time to read: +14 min

He encourages skeptical taxpayers to look at universal basic income from the same "selfish point of view." Among those who received a basic income in Stockton, California, the unemployment rate dropped by nearly 50%. With more data at hand than theoretical projection, the evidence is overwhelming: Universal basic income is working nearly universally. Promising as these pilot programs are, the chances of a truly universal basic income in America remain remote. As for Tydricka Lewis, basic income afforded her the latitude to start her own nonprofit.

Persons: Tydricka Lewis, she'd, Lewis, North Carolina's, Jack Dorsey, Durham, Dorsey, Mark, Anthony Middleton, Middleton's, it's, Thomas Paine, Huey Long, George McGovern, Andrew Yang, Anna Jefferson, Nick Otto, Jefferson, Middleton, StepUp, UBI, we've, Michael Venutolo, Condé Organizations: North Carolina Central University , Durham, Abt Associates, University of Pennsylvania, Durham's, Excel, KFC, Generation Movement, Durham Bulls, The New York Times, National Geographic, Wired Locations: Durham, North, America, Black, New York City, Denver, Stockton , California, Los Angeles, Baltimore, Columbia, South Carolina, Birmingham , Alabama, Gainesville , Florida, Florida, Gainesville, AFP, Durham County, Washington, Chapel Hill , North Carolina

☆ FBI Director Christopher Wray, who is a Republican, says it's 'somewhat insane' to suggest he's biased against conservatives
▼ + stars: | 2023-07-12 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +4 min

FBI Director Christopher Wray expressed exasperation that House Republicans would think he's biased against conservatives. A more sympathetic GOP lawmaker expressed hope that Wray wouldn't leave the party after a contentious hearing. Wray also began to snap back, at one point expressing shock that anyone would suggest he's biased against conservatives. The onslaught led Rep. Ken Buck, a Colorado Republican, to quip that he hoped Wray wouldn't leave the party. The reception illustrates the fury many conservatives hold for the FBI and Wray.

Persons: Christopher Wray, Wray, Wray wouldn't, Joe Biden's, Matt Gaetz, Edgar Hoover, Harriet Hageman, Ken Buck, Buck, Donald Trump, Chris Christie's, General Michael Horowitz, John Durham's, Ron DeSantis, wouldn't, CNN's Jake Tapper Organizations: Republican, Service, Republicans, Florida Republican, Wyoming Republican, Colorado Republican, FBI, Justice Department, New, New Jersey Gov, Florida Gov, CNN, GOP, The Colorado Republican Locations: Wall, Silicon, Florida, Wyoming, Colorado, New Jersey, United States

☆ Elon Musk is wrong about a housing-market crash
▼ + stars: | 2023-06-02 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +4 min

Selma Hepp, the chief economist at CoreLogic, said that's not going to happen. The nation's dearth of housing supply will keep home prices high and prevent a crash. On Monday, the billionaire — who has built a multi-million dollar portfolio of real estate properties — shared one of his most contentious opinions so far in 2023: "Commercial real estate is melting down fast. She said the housing naysayers are wrong and that the housing market is instead heading towards a recovery. Hepp attributes the real estate market's rebound to an imbalance of housing supply and demand that has heightened competition amongst borrowers.

Persons: Elon Musk, Selma Hepp, that's, —, Ray Farris, Ian Shepherdson, Freddie Mac, Hepp, CoreLogic, San Francisco — Organizations: Service, Privacy, SpaceX, Credit Suisse, San Locations: West Coast, Diego, Durham , Connecticut, Boston, New York City, Redfin

☆ People are flooding open houses and feverishly bidding on homes even after predictions of a market crash and bargain-basement prices. Here's why.
▼ + stars: | 2023-05-20 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +4 min

According to Redfin, there were only 533,310 newly listed homes for sale in March, down from 650,105 during the same time period in 2022. In markets like Durham's, the flood of prospective buyers is keeping home prices elevated, bucking predictions last year for declines. According to Redfin, the median sale price of a home in the town was $420,000 in April 2023, up 20% year-over-year. During the month, 33% of homes were sold over asking price. The house with a pool ended up selling for $875,000, some $75,000 more than the asking price, the website showed.

☆ Special counsel issues report criticizing FBI for launching Trump-Russia investigation
▼ + stars: | 2023-05-15 | by ( Ken Dilanian | ) www.cnbc.com time to read: +6 min

The special counsel who spent four years investigating the Trump-Russia probe accused the FBI of acting negligently by opening the investigation based on vague and insufficient information in a sweeping 300-page report made public Monday. The FBI responded to the report, indicating that the missteps identified by Durham have already been addressed. Durham's report examines in painstaking detail various aspects of the now infamous FBI investigation code-named "Crossfire Hurricane," which led to the appointment of Special Counsel Robert Mueller. Durham's investigation found that at the time, neither the FBI nor CIA had any intelligence suggesting an improper relationship between Trump and Russia. Durham appears to suggest that the intelligence information should have given the FBI pause in its pursuit of allegations involving the Trump campaign.

☆ Special counsel appointed by Trump's attorney general says FBI had no basis for investigating Trump's links to Russia
▼ + stars: | 2023-05-15 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +3 min

Special Counsel John Durham concluded that the FBI didn't have sufficient evidence to open its investigation into Donald Trump's connections with Russia, according to a report published by the Justice Department on Monday. For nearly four years, Durham — appointed by former President Trump's attorney general Bill Barr — investigated the origins of the FBI's investigation into links between Trump's 2016 campaign and Russia. In his 300-page report, he found that it had no basis for opening the investigation in the first place. The FBI investigation, with the code name Crossfire Hurricane, was opened in July 2016 to examine Russia's attempts to influence the 2016 election. "After extensive research, Special Counsel John Durham concludes the FBI never should have launched the Trump-Russia Probe!"

☆ The housing market is cooling — but tell that to the 300 people who lined up to see a one-bedroom house for sale in the middle of nowhere
▼ + stars: | 2023-03-21 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +4 min

More than 300 people lined up to take a peek inside a 1,168-square-foot home in Durham, Connecticut. A photo on Reddit from the open house shows a long line of prospective buyers waiting their turn. Jennifer Schulten Photography"A lot of people want to expand the property," O'Connell said. This open house harkens back to the feverish housing market of 2021 and 2022The open house's attendance is reminiscent of the housing market early on in the pandemic, when mortgage rates fell giving prospective homebuyers an opportunity to enter markets they normally couldn't . Home seekers dove into the market in droves — that is, where they could find homes to purchase — leading prices in some markets to rise .

The chief judge has sole discretion over sealed federal grand jury proceedings. As chief judge, Boasberg is poised to rule on certain legal arguments raised in the grand jury probes, including efforts to restrict witnesses from testifying. Grand jury proceedings are kept from public view. Another special counsel, Robert Hur, was named by Garland in January to look into classified records found at Biden's home in Delaware and former office in Washington. During her tenure as chief judge, Howell regularly heard legal arguments in special counsel investigations.

☆ The inquiry Trump launched to clear his name on Russia collusion ended up investigating him for potential financial crimes: NYT
▼ + stars: | 2023-01-26 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

Special counsel John Durham's team reportedly opened up a criminal probe into Trump's financial dealings. It is not clear what happened to the probe, which started as a result of a tip by Italian officials. Instead, a tip from Italian officials led the Justice Department to quietly open a probe into shady financial deals linked to then-President Donald Trump. But, according to the Times, Italian officials responded by telling Durham's team about allegations of financial crimes that were serious enough that the DOJ opened a criminal investigation. At the time, vague reports about Durham's new criminal probe lit up conservative media.

☆ How TikTok influencers are helping companies recruit new workers
▼ + stars: | 2023-01-09 | by ( Mikaela Cohen | ) www.cnbc.com time to read: +7 min

Durham's following on the social platform and her success show how influencers and content creators on TikTok can strengthen a company's recruiting efforts. TikTok influencers help recruit desired candidatesWhen you think about how people previously searched for jobs, it's most likely they turned first to their local newspaper for open roles. Finding the right type of TikTok influencerLazarus said companies interested in using TikTok influencers to promote jobs, must first distinguish between the different types of influencers and which ones have the right following to reach ideal candidates. Blaser said companies, especially local businesses, don't necessarily need to tap into influencers with millions of followers to recruit for open jobs. Lazarus said TikTok influencers can also help companies increase diversity and reach underrepresented populations, because this type of recruitment reaches candidates through their trusted sources that they're already consuming.

☆ Judge fined a group of Trump lawyers $50k each for filing meritless and mistake-strewn lawsuit against Hillary Clinton
▼ + stars: | 2022-11-11 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +4 min

A group of Trump lawyers was fined over a failed case alleging a vast pro-Clinton conspiracy. The judge called it a "deliberate use of the judicial system to pursue a political agenda." On Friday, Judge Donald Middlebrooks slammed the failed case, describing it as "a deliberate use of the judicial system to pursue a political agenda." In particular, Trump's lawyers accused Dolan of being the source of the dossier's infamous claims of an encounter between Trump and prostitutes in a Moscow hotel. But the case failed to establish this, and made several basic errors in the process, Middlebrook said.

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