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☆ Economy not yet seeing major effects from Fed's rate increases, says Princeton's Alan Blinder
▼ + stars: | 2023-07-07 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEconomy not yet seeing major effects from Fed's rate increases, says Princeton's Alan BlinderAlan Blinder, former Fed vice chairman and Princeton professor, joins 'Squawk on the Street' to discuss the latest jobs report, the elongated nature of this economic cycle, and what the Federal Reserve will do going forward.

Persons: Princeton's Alan Blinder Alan Blinder Organizations: Princeton, Federal Reserve

☆ Israeli-Russian academic being held by militia in Iraq, Netanyahu says
▼ + stars: | 2023-07-05 | by ( Maayan Lubell | ) www.reuters.com time to read: +2 min

JERUSALEM, July 5 (Reuters) - An Israeli-Russian academic who went missing in Iraq a few months ago is alive and being held there by Shiite group Kataib Hezbollah, Israeli Prime Minister Benjamin Netanyahu's office said on Wednesday. It said she had gone to Iraq for research purposes on behalf of Princeton University in the United States. According to the university's website, Tsurkov is pursuing her PhD at Princeton's Department of Politics. A Princeton spokesperson declined to say whether Tsurkov was in Iraq on the university's behalf, citing policies and a federal law governing students' privacy and safety. Kataib Hezbollah is one of the most powerful Iran-backed militia groups there.

Persons: Benjamin Netanyahu's, Elizabeth Tsurkov, Tsurkov, Tsurkov's, Irena, Elizabeth, Michael Hotchkiss, Maayan Lubell, Rami Ayyub, Simon Lewis, James Mackenzie, Alistair Bell, Daniel Wallis, Himani Organizations: Hezbollah, Israeli, Princeton University, Princeton, N12, Princeton's Department of Politics, State Department, Twitter, Timor Azhari, Thomson Locations: Israeli, Russian, Iraq, United States, Israel, Turkey, Syria, Iran, Baghdad, Washington

☆ Why the electric vehicle boom could put a major strain on the U.S. power grid
▼ + stars: | 2023-07-01 | by ( Katie Brigham | ) www.cnbc.com time to read: +9 min

Over half of all new cars sold in the U.S. by 2030 are expected to be electric vehicles. That could put a major strain on our nation's electric grid, an aging system built for a world that runs on fossil fuels. Major grid infrastructure needsCharging electric vehicles is quite electricity intensive. Larger electric vehicles such as the Ford F-150 Lightning would generally use more electricity than a central AC unit in a large home. The utility is tied to a four-year funding cycle for grid infrastructure upgrades, and its last funding request was in 2021.

Persons: That's, we've, Rob Gramlich, Gramlich, Lydia Krefta, Krefta, David Paul Morris, Aram Shumavon, Shumavon, we're, Sen, Joe Manchin, Joe Biden, Tesla Organizations: Rapid Energy, Princeton University, Grid, California Public Utilities Commission, EV, Tesla, Ford, Workers, Power Services, Pacific Gas & Electric, Bloomberg, Getty, Nissan Leaf, Ford Motor Company Locations: U.S, California, Northern, Central California, Healdsburg , California

☆ Latest economic data 'good enough' to pause rate hikes, says Princeton's Alan Blinder
▼ + stars: | 2023-06-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLatest economic data 'good enough' to pause rate hikes, says Princeton's Alan BlinderAlan Blinder, former Federal Reserve vice chairman and Princeton University professor, joins 'Squawk on the Street' to discuss the Fed's rate hike campaign, whether the latest economic data is good enough to stop rate hikes altogether, and more.

Persons: Princeton's Alan Blinder Alan Blinder Organizations: Federal Reserve, Princeton University

☆ Cloud of uncertainty around banks is the case for a pause, says Princeton's Alan Blinder
▼ + stars: | 2023-03-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCloud of uncertainty around banks is the case for a pause, says Princeton's Alan BlinderFormer Fed Vice Chair Alan Blinder joins 'Closing Bell: Overtime' to discuss the Fed's decision and why he believes raising rates 25 bps was a mistake.

☆ Blackstone is stepping up evictions of hundreds of tenants across the US as a top exec vows 'cash-flow growth'
▼ + stars: | 2023-02-01 | by ( Robert Davis | ) www.businessinsider.com time to read: +5 min

It's back to business as usual: An exec said he had confidence in the firm's "cash-flow growth." About one-fifth of those holdings are tied up in an investment vehicle known as the Blackstone Real Estate Investment Trust, or BREIT. Blackstone's real-estate portfolio is outperforming competitorsThe news of Blackstone's increasing eviction efforts came days after the company announced its fourth-quarter earnings. For example, what Blackstone calls its "opportunistic" real-estate portfolio appreciated by more than 7% during 2022 in one of the most challenging markets in recent memory. The firm's core real-estate portfolio gained more than 10% in value during 2022.

☆ We read the Biden administration's proposal to protect renters from discrimination and unwarranted rent hikes. Here are the 3 biggest takeaways.
▼ + stars: | 2023-01-25 | by ( Robert Davis | ) www.businessinsider.com time to read: +5 min

The Biden administration announced several new protections for renters on January 25. At the same time, the Federal Housing Finance Agency, an independent organization that helps regulate the mortgage market, will create new policies that encourage development of affordable-rental units. Insider reviewed the documents the White House released concerning the new initiatives. The idea comes as many renters continue to organize in order to combat what they see as unwarranted rent increases and evictions. Some home builders like Jerry Konter, the chairman of the National Association of Home Builders, disagreed with the new protections for renters.

☆ To be successful, let go of false ideas about sacrifice and productivity, says president of the American Psychological Association
▼ + stars: | 2023-01-21 | by ( Aditi Shrikant | ) www.cnbc.com time to read: +3 min

As of 2023 she is the president of the American Psychological Association. Before that, she was the coordinator at Princeton's University's SHARE program which offered programming and support to combat sexual assault and sexual harassment. And before that she received her doctorate in clinical psychology at Duke University and did her postdoctoral training at Harvard Medical Center. "It's time to let go of the false dichotomy, or the false choice, which is we believe that in order to be successful I have to abandon myself," she says. Bryant: A common misconception is people think "if I try not to think about it I'll get over it."

☆ A Princeton student built an app which can detect if ChatGPT wrote an essay to combat AI-based plagiarism
▼ + stars: | 2023-01-04 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

A Princeton student built an app that aims to tell if essays were written by AIs like ChatGPT. The app analyzes text to see how randomly it is written, allowing it to detect if it was written by AI. The website hosting the app, built by Edward Tian, crashed due to high traffic. "Are high school teachers going to want students using ChatGPT to write their history essays? Tian added that he's planning to publish a paper with accuracy stats using student journalism articles as data, alongside Princeton's Natural Language Processing group.

☆ Recession shaping up to be mild downturn, says Princeton's Alan Blinder
▼ + stars: | 2022-10-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRecession shaping up to be mild downturn, says Princeton's Alan BlinderAlan Blinder, former Federal Reserve vice chairman and Princeton University professor, joins 'Squawk on the Street' to discuss if the peak Federal Funds rate will be enough to drive the economy into recession, Blinder's expectations for the next Federal Reserve meeting and more.

☆ One millionaire landlord was behind half of Milwaukee's evictions during Covid lockdowns last June. Here's the story of how corporate landlords helped drive the evictions crisis
▼ + stars: | 2021-03-26 | by ( Abigail Higgins | ) www.businessinsider.com time to read: +23 min

Corporate landlords in cities like Milwaukee helped drive an evictions crisis during the pandemic. Corporate landlords, which own almost 50% of rental properties, are more likely to evict, advocates say. Before the 2008 recession, corporate landlords owned 20% of rental properties; today, it's nearing a whopping 50%. Since the Center for Disease Control's evictions moratorium took effect last September, evictions by corporate landlords have actually been steadily increasing. There is no national database of evictions, and evictions are only tracked at the level of the country's more than 3,000 counties.

☆ 23 Black leaders who are shaping history today
▼ + stars: | 2021-02-01 | by ( Courtney Connley | ) www.cnbc.com time to read: +39 min

Following the lead of trailblazers throughout American history, today's Black history-makers are shaping not only today but tomorrow. —Cory StiegRosalind Brewer, 58, Walgreens' next CEO and only Black woman to currently lead a Fortune 500 firmWalgreens' next CEO Rosalind Brewer. When she steps into this new role, she will be the only Black woman currently leading a Fortune 500 firm, and just the third Black woman in history to serve as a Fortune 500 CEO. "When you're a Black woman, you get mistaken a lot," she said during a 2018 speech at her alma mater, Spelman College. —Tom Huddleston Jr.Jason Wright, 38, first Black president of a National Football League teamWashington Football Team president Jason Wright.

Persons: Shirley Chisholm, John Lewis, Maya Angelou, Mary Ellen Pleasant, Kamala Harris, Gene Kim, Harris, Shyamala Gopalan Harris, Shyamala, —, — Cory Stieg Rosalind Brewer, Rosalind Brewer, Ursula Burns, Mary Winston, Brewer, Kimberly, Clark, she's, — Courtney Connley, Kizzmekia, Corbett, Kizzmekia Corbett, Anthony Fauci, Fauci, Dr, — Cory Stieg Victor J, Glover , Jr, Victor Glover, Amanda Gorman, Joe Biden, Gorman, Abraham Lincoln, Martin Luther King Jr, Lady Jill Biden, Robert Frost, Oprah, Angelou, — Jennifer Liu, Amanda Gorman's, Raphael Warnock, Georgia's, Kelly Loeffler, Warnock, Ebenezer Baptist Church —, — Abigail Johnson Hess Rashida Jones, Rashida Jones, Jones, Kristen Welker, Carole Simpson, Nicolle Wallace's, Dorothy Tucker, Brown, — Taylor Locke Sandra Lindsay, Sandra Lindsay, Lindsay, She's, I'm, Jade Scipioni Nicholas Johnson, Princeton's, Nicholas Johnson, Princeton University's, Johnson, William Massey, — Abigail Johnson Hess Cynthia, Cynt, Marshall, Cynthia Marshall, Cynt Marshall, George Floyd, Marshall —, Mark Cuban, Scipioni, Cynthia Marshall's, Dallas Mavericks Cori Bush, Missouri's, Missouri, Cori Bush, Michael Brown, Ferguson, William Lacy Clay Jr, Bush, Essence.com, I've, he's, Louis, Clay, — Jennifer Liu Alicia Boler Davis, Amazon's, Jeff Bezos Alicia Boler Davis, Alicia Boler Davis, Boler Davis, Jeff Bezos, alums, Jennifer Liu, Noah Harris, Harvard Noah Harris, Harvard's, It's, we've, Fentrice Driskell, Du Bois, — Abigail Johnson Hess, Harvard Mellody Hobson, Mellody Hobson, Ariel Investments, Hobson, — Courtney Connley Sydney Barber, Sydney Barber, Barber, Ms, Janie Mines, wasn't, Mines, Jesse Collins, Collins, Indiewire, " Collins, Jennifer Liu Nia DaCosta, Nia DaCosta, Marvel, DaCosta, Nora Ephron, Jordan Peele, Peele, — Tom Huddleston Jr, Aicha Evans, Zoox, Evans, Jason Wright, Wright, He's, Dan Snyder, — Emmie Martin Dana Canedy, Dana Canedy, Simon, Simon & Schuster, Dana Canedy's, Canedy, Denzel Washington, Alicia Adamczyk, Schuster Bozoma Saint John, Saint John, Beyonce, Kanye West, Nicki Minaj, Michael Jackson, — Courtney Connley Cheick Camara, Ermias Tadesse, Cornell University's, Cheick Camara, Ermias Organizations: CNBC, White, South, Latina, Howard University, Alpha Kappa Alpha Sorority, Inc, Democrat, United States Senate, U.S, Walgreens, Fortune, Starbucks, Walgreens Boots Alliance, Xerox, Bed, Sam's, Walmart, Nonwovens, Spelman College, Moderna, National Institute of Allergy, National Urban League, FDA, Vaccine Research, University of North, Space Station, NASA, Capitol, LA, Poet, Harvard, Georgia, Black, Morehouse College cum, Ebenezer Baptist Church, United, MSNBC, University of Missouri's School of Journalism, NBC, ABC News, National Association of Black Journalists, Jewish Medical Center, Northwell, Long, Pfizer, Pew Research Center, Princeton, Massachusetts Institute of Technology, NBA Dallas Mavericks, Dallas Mavericks, NBA, Mavericks, Congress, Senate, Democratic, Green New Deal, General Motors Institute, GM, Amazon, Employees, Amazon's, Ariel Investments, Ariel, Financial Planning's Diversity, Princeton University, JPMorgan, Lucas Family Foundation, Hobson College, Naval, U.S . Naval Academy, U.S . Naval, Naval Academy, Academy, Super, Super Bowl, Jesse Collins Entertainment, ViacomCBS Cable Networks, BET, CMT, Comedy Central, MTV, Paramount Network, VH1, Marvel, Marvel Studios, Marvel Universe, Tribeca, Wall Street, George Washington University, Intel, Financial, Automotive News, National Football League, Washington Football, Washington Football Team, National Football, NFL, Atlanta Falcons, Cleveland Browns, Arizona Cardinals, University of Chicago, McKinsey & Company, Washington, Morning, Simon &, New York Times, Jordan, Crown Publishers, New Yorker, Netflix, Saint, Longtime, Endeavor, Uber, Apple, PepsiCo, BlackGen Capital, Cornell, BlackGen Locations: United States, Oakland , California, India, America, White, California, University of North Carolina, Chapel, Los Angeles, Georgia's, Savannah , Georgia, Ebenezer, Long, New York, Queens , New York, Jamaica, Princeton, Montreal, Canada, Spring, Missouri, Louis, St, Detroit, Hattiesburg , Mississippi, Florida, Chicago, U.S, Lake Forest , Illinois, Sydney, mull, Senegal, Zoox, Charlottesville , VA

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