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CNN —Right-wing populists are set to make unprecedented gains in the elections to the European Parliament taking place next month. Polling data suggests that far-right Members of the European Parliament (MEPs) could have enough seats to, together, block the passage of European Union legislation, creating a massive headache for the union as a whole. “For some countries, that is a six-month process, in others it can take two years,” a senior European Parliament source told CNN. Britain's Nigel Farage used his seat in the European Parliament to promote Brexit. It only becomes an issue if they are working with foreign powers to advance their agenda,” an EU security source told CNN.
Persons: Ursula von der Leyen, Yiannis Kourtoglou, Reuters “, , James Shires, you’ll, don’t, Britain's Nigel Farage, SEBASTIEN BOZON, it’s, Organizations: CNN, Parliament, European, Reuters, , Brexit, Getty, British, EU, Brussels Locations: Brussels, China, Russia, Strasbourg, AFP, Britain, Ukraine, EU, Europe
Director of the National Economic Council Lael Brainard speaks at the White House in Washington, D.C., on January 11, 2024. President Joe Biden's top economic advisor on Friday laid out plans for the country's looming debate over trillions in expiring tax breaks enacted by former President Donald Trump. Several provisions from the Tax Cuts and Jobs Act, or TCJA, of 2017 will expire after 2025 without any changes from Congress. Those include lower federal income tax brackets, a higher standard deduction and doubled estate and gift tax exemption, among others. The Republicans' signature tax package also permanently reduced corporate taxes by dropping the top federal rate from 35% to 21%.
Persons: Lael Brainard, Joe Biden's, Donald Trump Organizations: National Economic, White, Washington , D.C, Republicans, Finance, Hamilton, Brookings Institution Locations: Washington ,
In the span of less than a week, two universities have rescinded commencement speaking invitations to Linda Thomas-Greenfield, the American ambassador to the United Nations, because of student opposition to the United States’ support of Israel during the war in Gaza. Xavier University, an historically Black institution in New Orleans, withdrew its invitation to Ms. Thomas-Greenfield earlier this week, saying in a statement that “a number of students” had objected to her giving a commencement address. The president of Xavier, Reynold Verret, indicated that he was concerned about the possibility of disruptions during the graduation ceremony this weekend, and came to the conclusion that Xavier could no longer host her — a situation he said was “regrettable.”Mr. Verret added that he looked forward to having Ms. Thomas-Greenfield, one of only two Black women to hold the U.N. ambassador post, visit the school and speak “in the future.”The University of Vermont announced last week that Ms. Thomas-Greenfield would not be speaking there, agreeing to a key demand from by student demonstrators who set up an encampment on the campus in Burlington. The school’s president, Suresh Garimella, notified the student body last week that Ms. Thomas-Greenfield would not speak at graduation, and wrote, “I see you and hear you.”
Persons: Linda Thomas, Greenfield, Thomas, , Xavier, Reynold Verret, Mr, Verret, Suresh Garimella, Organizations: United Nations, Xavier University, , University of Vermont Locations: American, United States, Israel, Gaza, New Orleans, Burlington .
President Biden’s top economic adviser said on Friday that lawmakers should take advantage of a looming tax debate next year to try to reduce budget deficits by sharply raising taxes on corporations and the rich. Under that plan, Mr. Biden would more than offset the cost of maintaining tax cuts for people earning $400,000 a year or less. A batch of tax cuts signed into law in 2017 by former President Donald J. Trump, who is facing Mr. Biden in a rematch this fall, is set to expire at the end of next year. It includes cuts for individuals at all income levels. Republicans built that expiration into the tax bill to reduce its projected cost to deficits and comply with congressional rules.
Persons: Biden’s, Biden, Lael Brainard, Donald J, Trump Organizations: Hamilton Project, Brookings Institution, White, National Economic Council, Republicans Locations: Washington
CNN —Pro-Palestinian encampments were cleared from at least three college campuses early Friday, marking some of the latest examples of schools using law enforcement to respond to demonstrations that have popped up across the country in recent weeks. Police begin dismantling protest encampment at University of Pennsylvania: Police ordered protesters to leave their encampment early Friday morning. Signs and flags are seen at a pro-Palestinian encampment on the lawn of the Stratton Student Center at the Massachusetts Institute of Technology in Cambridge, Massachusetts, on Thursday. Rick Friedman/AFP/Getty ImagesMIT encampment dismantledDemonstrators chanted messages like, “Free Palestine” as police dismantled the pro-Palestinian encampment on the Cambridge, Massachusetts, campus early Friday, video from CNN affiliate WFXT showed. On Thursday, fewer than 10 students were arrested on campus, according to the university.
Persons: United Nations Linda Thomas, Greenfield, Reynold Verret, won’t, Donna Shalala, Rick Friedman, WFXT, Francesca Riccio, Ackerman, Andy Rose Sam Simpson, Rob Frehse, Zenebou Sylla Organizations: CNN — Pro, Massachusetts Institute of Technology, Law, The University of Arizona, . Police, University of Pennsylvania : Police, Daily, Police, ” Police, CNN, WPVI, Xavier University, UN, US, United Nations, Hamas, The New, New York City, Faculty Senate, Stratton Student, Getty, MIT Locations: College, Louisiana, Israel, Stratton, Cambridge , Massachusetts
Editor’s Note: Kara Alaimo, an associate professor of communication at Fairleigh Dickinson University, writes about issues affecting women and social media. According to research published last year by Pew Research Center, men who have children out-earn childless men. Lauren Smith Brody, founder of The Fifth Trimester, told me the survey results are consistent with what she has seen in her work coaching moms. As moms, many of us have to become expert at interviewing and hiring in order to find quality childcare providers. Of course, if only a few women add the title of mom to their resumes, they might be discounted by ignorant employers.
Persons: Kara Alaimo, , Kara Alaimo Lauren Tetenbaum, they’re, Lauren Smith Brody, , ” Tetenbaum, I’ve, Barack Obama’s, , Vivvi Organizations: Fairleigh Dickinson University, Women, Press, Facebook, CNN, Pew Research Center, Brookings Institution, United Nations, Twitter
The notion that the speaker serves the whole House is often tossed around, but rarely the case. Representative Mike Johnson can now, for better or worse, truly lay claim to being speaker of the whole House, after Democrats saved him from a Republican-led coup on Wednesday in another remarkable moment in a chaotic Congress filled with them. Had Democrats not come to his rescue, the votes existed in his own party to potentially oust him. The result left Mr. Johnson, a Louisiana Republican still new to the job, indebted to Democrats even as he immediately sought to distance himself from them by emphasizing his deep conservative credentials. Democrats said their support for him underscored their bona fides as the grown-up party willing to go so far as to back a conservative Republican speaker to prevent the House from again going off the rails.
Persons: Mike Johnson, Johnson Organizations: Republican, House, Republicans, Louisiana Republican Locations: Louisiana
The new public-private partnership, dubbed Project Fortress, underscores the real danger US officials and bank executives believe cyberattacks pose to the economy. But Project Fortress is not just about playing defense. Project Fortress has been in the works for several months, with Treasury rolling out various parts of the alliance in pieces, the source said. One of the key elements of Project Fortress is the cyber hygiene tool run by the Cybersecurity and Infrastructure Security Agency (CISA). The federal government has recently flexed its offensive capabilities, including ones that are part of Project Fortress.
Persons: Wally Adeyemo, Janet Yellen, Adeyemo, Jamie Dimon, Brian Moynihan, Jane Fraser, Robin Vince, ” Vince, Vince, Jerome Powell, ” Adeyemo, Sean Lyngaas Organizations: New, New York CNN, Treasury, CNN, Bank Policy, JPMorgan Chase, Bank of America, Citigroup, BNY, Washington, Industrial, Commercial Bank of China, Infrastructure Security Agency, JPMorgan Locations: New York, Washington
A logo outside the Banco Sabadell SA offices at the Banc Sabadell Tower in Barcelona, Spain, on Wednesday, May 1, 2024. Spanish bank BBVA caught markets by surprise on Thursday after it announced a rare hostile takeover bid for domestic rival Banco Sabadell, with one investment firm describing the situation as "very strange." The move comes shortly after a separate 12 billion euro ($12.87 billion) takeover offer from BBVA to Sabadell's board was rejected earlier in the week. BBVA said its takeover offer has the same financial terms as the merger offered to Sabadell's board. Shares of BBVA fell 6% at around midday London time on Thursday, while Sabadell's stock price rose more than 3%.
Persons: Carlos Torres Vila Organizations: Banco Sabadell SA, BBVA, Banco Sabadell, Banco Locations: Banc, Barcelona, Spain, Spanish
Socialites are playing chess on "The Real Housewives of New York City." In 1990, according to the US Chess Federation, only 4% of chess players were women. Out in the world, chess' resurgence has been accompanied by a wave of new clubs and events. I made a pilgrimage to the Marshall Chess Club, a 109-year-old institution in Greenwich Village. The following evening, I went to an East Village bar and found a very different scene at Club Chess.
Persons: we'd, she'd, I'd, festers, Judit Polgár, Gary Kasparov, , Juliana Gallin, Jennifer Shahade, Alejandro Ramírez, Ramírez —, Ramírez, Shahade, Levy, Hikaru Nakamura, Rey, Anna Cramling, Miguel Pereira, Cramling, Nakamura, Bill Withers, Frank Marshall, Alexander Luke Bahta —, athleisure, you've, it's, Magnus Carlsen, Hans Niemann, Carlsen, Niemann, Dean Mouhtaropoulos, I've, Kasparov, they're, Vladimir Kramnik, Chess.com, Kramnik, Fabiano Caruana, Dan Timbrell, doesn't Organizations: Mechanics ' Institute, Housewives, New, US Chess Federation, FIDE, Washington Post, Marshall Chess Club, Chess, The Guardian, New York, whacking, Computer, YouTube Locations: San Francisco, New York City, Berkeley , California, Greenwich Village, hipsters, American, East, Canadian, Romanian, Netherlands, It's, New York, Russian
On the night of Sept. 2, 2018, a fire swept through the National Museum of Brazil, devastating the country’s oldest scientific institution and one of South America’s biggest and most important museums. On Tuesday, the museum announced that it received a major donation of ancient Brazilian fossils to help rebuild its collection ahead of a scheduled 2026 reopening. Burkhard Pohl, a Swiss-German collector and entrepreneur who maintains one of the world’s largest private fossil collections, has handed over to the National Museum about 1,100 specimens, all of which originated in Brazil. “The most important thing is to show to the world, in Brazil and outside Brazil, that we are uniting private people and public institutions,” Alexander Kellner, the National Museum’s director, said. “We want others to follow this example, if possible, to help us with this really herculean task.”
Persons: Burkhard Pohl, ” Alexander Kellner, Organizations: National Museum of, South America’s, National Museum, National Locations: National Museum of Brazil, South, Swiss, Brazil
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBank of England's Andrew Bailey says cutting rates just before a UK election wouldn't be an issueBank of England Governor Andrew Bailey on Thursday played down any political pressure received by his institution.
Persons: England's Andrew Bailey, wouldn't, Andrew Bailey Organizations: Email Bank, England's, of England
Bank of England Governor Andrew Bailey addresses the media during the central bank's Monetary Policy Report press conference at the Bank of England, in London, Britain, on February 1, 2024. LONDON — Bank of England Governor Andrew Bailey on Thursday played down any political pressure received by his institution, confirming that a rate cut immediately before a General Election wouldn't be out of the question. This is especially true in election cycles if citizens are dealing with an economic downturn or a cost-of-living squeeze. The Bank of England, which became officially independent in 1998, is no stranger to this pressure with elections expected before the end of this year. The Bank is nearing its first rate cut since 2020, despite holding steady on Thursday.
Persons: Andrew Bailey, wouldn't, Bailey, CNBC's Steve Sedgwick, it's Organizations: England, Bank of England, LONDON — Bank of England Locations: London, Britain
Students who oppose the war in Gaza began dismantling their protest camp at Trinity College Dublin in Ireland on Wednesday evening, after the institution agreed to divest from three Israeli companies listed by the United Nations for their links to settlements in the occupied Palestinian territories. Trinity said that it would move to divest as soon as next month, and that its endowment fund would also seek to divest from investments in other Israeli companies in the future. “We fully understand the driving force behind the encampment on our campus, and we are in solidarity with the students in our horror of what is happening in Gaza,” the college said in a statement released on Wednesday evening. “We abhor and condemn all violence and war, including the atrocities of October 7th, the taking of hostages and the continuing ferocious and disproportionate onslaught in Gaza,” it added. “The humanitarian crisis in Gaza and the dehumanisation of its people is obscene.”
Persons: Trinity Organizations: Trinity College Dublin, United Nations Locations: Gaza, Ireland, Palestinian
CNN —Some Ukrainian prisoners will be able to apply for early parole and join the army under a new law aimed at boosting Kyiv’s manpower in its fight against the Russian invasion. The new law requires that convicts join the military of their own free will. Those who leave the military before their contract is up face additional prison terms of between five and 10 years. Shuliak said those released on parole to serve would have the status of “military personnel,” and therefore be subject to the same restrictions governing their behaviour. Contracts can be terminated in some circumstances, such as ill health or if the former prisoner commits a new crime.
Persons: Volodymyr Zelensky, Kostiantyn, , Olena Shuliak, Shuliak Organizations: CNN, Russian, Verkhovna Rada, Organization of State Power, Self, Government, Regional, Urban, National Guard Locations: Russian, Ukraine, Russia
LONDON — Members of Britain's exclusive all-male Garrick Club has reportedly voted to permit women to join the institution for the first time in its 193-year history. The historic vote comes after the club has been under immense scrutiny over recent weeks following the publication by the U.K.'s Guardian newspaper of some of the elite club's most influential members. The closely-guarded membership list showed the club to be an emblem of Britain's patriarchal establishment, with the majority of members white and aged over 50. Notable public figures from the arts, including actors Benedict Cumberbatch and Brian Cox, were also named. The Garrick Club, named after the 18th-century actor David Garrick, was founded in 1831 as a place where "actors and men of refinement and education might meet on equal terms," according to a statement on the club's website.
Persons: Garrick, King Charles III, Benedict Cumberbatch, Brian Cox, David Garrick Organizations: U.K, Secret Intelligence Service, Garrick Locations: London
CNN —Earth’s magnetic field plays a key role in making our planet habitable. However, Earth’s magnetic field almost collapsed 591 million years ago, and this change, paradoxically, may have played a pivotal role in the blossoming of complex life, new research has found. The discovery of the sustained weakening of Earth’s magnetic field also helped resolve an enduring geological mystery about when Earth’s solid inner core formed. Shuhai Xiao/Virginia TechUncovering the magnetic field’s near collapseThe intensity of Earth’s magnetic field is known to fluctuate over time, and crystals preserved in rock contain tiny magnetic particles that lock in a record of the intensity of Earth’s magnetic field. The research on the intensity of Earth’s magnetic field suggests that the age of Earth’s inner core is on the younger end of that timescale, solidifying after 565 million years ago and allowing Earth’s magnetic shield to bounce back.
Persons: , , John Tarduno, Xiao, Tarduno, Shuhai Xiao, ” Tarduno, Peter Driscoll, wasn’t, ” Driscoll Organizations: CNN, University of Rochester, Environment, Virginia Tech, Laboratory, Carnegie Institution for Science Locations: New York, South Australia, Virginia, Quebec, Brazil, South Africa, Washington ,, Newfoundland, Canada
When tents went up amid the Gothic architecture on the University of Chicago’s quad on April 29, administrators initially took a permissive view. But that changed on Friday when negotiations between protesters and university leaders stalled, and the university’s president, Paul Alivisatos, wrote a letter saying demonstrators had violated policies and engaged in vandalism. “The encampment has created systematic disruption of campus,” said Dr. Alivisatos, a chemist who became president of the university in 2021. As part of its free speech philosophy, the university also put forward the principle of institutional neutrality. But the statement also describes clear limits, including a right to prohibit illegal activities and speech “that constitutes a genuine threat or harassment.”
Persons: Paul Alivisatos, ” “, , Alivisatos, , counterprotesters, Brandon Johnson Organizations: University of Chicago, University of, Chicago, , Locations: Chicago, Palestine
New York CNN —A group of 13 conservative US federal judges are vowing to not hire Columbia University law students or undergraduates because of how the school has handled pro-Palestinian demonstrations on its campus in recent weeks. “As judges who hire law clerks every year to serve in the federal judiciary, we have lost confidence in Columbia as an institution of higher education. CNN has reached out to Columbia University for comment. They typically hire law school graduates for clerkships that can eventually lead to high-paying and prestigious jobs. If not, employers are forced to assume the risk that anyone they hire from Columbia may be one of these disruptive and hateful students,” the judges wrote.
Persons: Minouche Shafik, Gillian Lester, Judge James C, Elizabeth L, Matthew H, Solomson, Donald Trump, Matthew Kacsmaryk Organizations: New, New York CNN, Columbia, . ” Columbia University, New York Police Department, Police, CNN, U.S ., Appeals, Fifth Circuit, Eleventh Circuit, U.S . Court, Federal, Columbia University, Northern District of, Hamilton Hall Locations: New York, Manhattan, Gaza, Columbia, Texas, Northern District, Northern District of Texas, Amarillo
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. But amid the chaos, there was one solid thing in Partovi's life, one thing he knew he could always put in order: computer code. Related storiesNow, Partovi has reached the top echelon of seed investors, ranking 13th on Business Insider's Seed 100 list. 'Neo Scholars'Through his seed-stage fund Neo, Partovi has amassed a formidable portfolio of early-stage investments, including Ramp, Deel, Vanta, MosaicML, and many more. As these "Neo Scholars," as they're known, graduate or drop out to build startups, Neo backs them with money from its investment fund.
Persons: , Ali Partovi, Saddam Hussein, Partovi's, Hadi, Partovi, Facebook, Uber, There's Erik Goldman, Dropbox, Vanta, There's Ari Steinberg, who's Organizations: Service, Business, Boston University, Sharif University of Technology, Harvard, Microsoft, University, CS, Stanford, Facebook, Airbnb Locations: Tehran, Iran, Iraq, North America, Silicon
Michael Longfellow played a talk show host who welcomed parents played by Heidi Gardner, Mikey Day and Kenan Thompson. Longfellow remarked that it’s been a worrisome time on university campuses throughout the country, and sought comment from his guests. While Gardner and Day’s characters expressed concerns about their children’s activities in the protests against Israel’s war against Hamas, Thompson said he was supportive of the efforts. At Columbia University on Tuesday, dozens of protesters entered the university’s Hamilton Hall and barricaded themselves inside before the institution asked for the New York City Police Department’s assistance. A total of 282 people were arrested at the pro-Palestinian protests at Columbia as well as The City College of New York, according to the NYPD.
Persons: Kenan Thompson, , Michael Longfellow, Heidi Gardner, Mikey Day, Longfellow, it’s, Gardner, Thompson, , Alexis Vanessa Roberts, Hamilton, Read Organizations: NBC, New York City, Hamas, Columbia University, Hamilton Hall, New York City Police, Columbia, City College of New, NYPD Locations: New, , Columbia, City College of New York
Notably, none of the schools agreed to fully divest from companies doing business in Israel, a demand student protesters have commonly rallied for across the country. What the schools agreed to doOn Monday, Northwestern announced an agreement with protesters to end the encampment. Rutgers agreed to meet with student protesters to discuss divestment and to support scholarships for at least 10 displaced Gazan students. Rutgers, along with Northwestern, agreed to expand spaces for Arab and Muslim students on campus. Recent agreements at Brown University and Northwestern University might show the way,” Roth wrote.
Persons: Brown, , , Sophia Rosenfeld, Rosenfeld, Kena Betancur, Lena Shapiro, Shapiro, Michael Schill, Schill, ” Schill, Trisha Ahmed, Brown’s, Brown University Brown, Owen Dahlkamp, Dahlkamp, “ Brown, ” Brown, Christina Paxson, ” Dahlkamp, Elise Stefanik, Michael S, Roth, ” Roth Organizations: New, New York CNN, Ivy League schools Columbia, Northwestern University, Rutgers University, University of Minnesota, CNN, University of Pennsylvania, Columbia University, University of Illinois College of Law, Northwestern, Chicago, Rutgers, Birzeit University, West Bank, University of Minnesota's, Palestinian, Brown University, University Hall, Brown Daily Herald, Corporation of Brown University, University of California, University of Texas, Defamation, Republican, Twitter, Wesleyan University Locations: New York, Israel, Brown, Northwestern, New York City, AFP, Deering, Minneapolis, Minn, Providence , Rhode Island, Columbia, Los Angeles, Austin, Gaza
Read previewYoung Americans are feeling increasingly isolated from their offices and classrooms, and these "disconnected youth" — or "opportunity youth" — may be ill-positioned for the future. Loneliness and a tough job market are leaving many Gen Zers feeling stuck, isolated, and unsupported. In fact, they're members of the disconnected youth — defined as Gen Zers who are not in school and not working. Disconnected youth are at risk of long-term stagnationMost Gen Zers — who are between the ages of 12 and 27 — are in this decisive decade. How to help disconnected youthAlthough many disconnected youth struggle with school and work, researchers cautioned against a "one size fits all" solution.
Persons: , Gen Zers, Richard Reeves, Reeves, Zers, aren't, Zers —, Jonathan Zaff, Ian Rowe, Lara Aknin, Zaff, Zer, isn't Organizations: Service, Brookings, Business, Federal Reserve Bank of Dallas, National Center for Education Statistics, Boston University, American Enterprise Institute, Partnership Locations: North America, Brookings
CNN —Three bodies found dumped in a well with gunshot wounds to the head have been confirmed as missing tourists, including a US citizen, Mexican authorities said Sunday. Relatives of American Jack Carter Rhoad and Australian brothers Jake and Callum Robinson identified their bodies without having to perform genetic tests, the Baja California Attorney General’s office said in a statement on Sunday. The vehicle was confirmed to be the same one Callum Robinson posted an image of on Instagram a week before the trio went missing. Photos of the American and Australian surfers on a beach in Ensenada, Mexico on May 5, 2024. In 2015, the bodies of Australian surfers Dean Lucas and Adam Coleman were found in a burned-out van in Sinaloa state.
Persons: Jack Carter Rhoad, Jake, Callum Robinson, Jesús Gerardo “, “ El, Maria Elena Andrade Ramirez, , , Karen Castaneda, Dean Lucas, Adam Coleman Organizations: CNN, Ministry, Foreign Ministry, Authorities Locations: California, Ensenada, Tijuana, Baja California, Santo Tomas, Instagram, Mexico, Sinaloa
Onetime Rep. Ken Buck didn't have a very good impression of Capitol Hill upon his arrival in 2015. Buck told The New York Times that he wanted out of Congress "about three weeks" into the role. But the ex-congressman remarked that it took him a while to map out a plan to leave the House. AdvertisementFormer Rep. Ken Buck has not been shy about calling out what he says is the highly dysfunctional nature of Congress. Related storiesBut not even a month into his tenure in Congress, Buck revealed that he was already eyeing the exits.
Persons: Ken Buck didn't, Buck, , Ken Buck, they've, Buck — Organizations: New York Times, Service, The Colorado Republican, GOP, Washington Post, The New York Times, Times, Capitol
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