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☆ Goldman Sachs and American Express are among the leading companies for working parents in 2024, new study shows
▼ + stars: | 2024-05-10 | by ( Brandon Gomez | ) www.cnbc.com time to read: +3 min

With no federal oversight of workplace benefits like paid leave and caregiving policies, corporate leaders are being asked to take the lead. Goldman Sachs , American Express , Deckers Outdoor, S&P Global and Splunk are the top companies for parents in 2024, according to Just Capital's research. The "indirect costs" are the loss of productivity during an employee's leave, temporary replacement and cost of administering a paid leave program. "Paid parental leave is an expensive proposition," said Yvette Lee, an HR knowledge advisor at SHRM. Lee said the investment in paid parental leave and similar policies may make sense in the long run.

Persons: Alison, it's, Goldman Sachs, Lauren, Mario Washington, SHRM, Yvette Lee, Lee Organizations: Just Capital, CNBC, American Express, P, P Global, Society for Human Resource Management Locations: SHRM

☆ Americans have spent their savings. Economists worry about what comes next
▼ + stars: | 2024-05-07 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +8 min

But now that extra spending money is gone, economists are concerned about what comes next. That means many Americans have more debt than savings and suggests “that American households fully spent their pandemic-era savings as of March 2024,” they wrote in a recent report. Consumer spending plays a crucial role in driving economic growth in the United States, and it has shown remarkable strength over the past two years. “A continuing strong labor market could help consumers maintain spending patterns similar to those observed recently, even without pandemic-era savings,” they wrote. What comes next: Disney, Airbnb, Uber, Anheuser-Busch, Tapestry and Dillards all report later this week — investors will look for any comments about how consumer spending, or lack thereof, is altering revenue forecasts for 2024.

Persons: Hamza Abdelrahman, Luiz Edgard Oliveira, ”, Austan Goolsbee, ’ ”, Fitch, Sarah Wyeth, Chris Kempczinski, Abdelrahman, Airbnb, Warren Buffett, Berkshire Hathaway, Greg Abel, Buffett, “, Abel, isn’t, Boeing “, Scott Stocker, Read Organizations: CNN Business, Bell, New York CNN, San Francisco Federal Reserve, Chicago Federal, Society for, ”, Shoppers, Tyson Foods, “, Disney, Anheuser, Busch, Berkshire, International Monetary Fund, Industries, Nvidia, Microsoft, FAA, Boeing, Federal Aviation Administration, CNN Locations: New York, United States, Omaha , Nebraska, Omaha, scamming

☆ Russian soldiers were convicted of over 100 murders when they returned home last year, a report says
▼ + stars: | 2024-05-05 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewRussian military personnel were convicted of 116 murders in 2023, Mediazona, a local news website, reported. Advertisement"The high number of homicides by serving and veteran Russian soldiers are likely in part due to enduring war-related chronic poor mental health issues," it wrote. "It is a story about invisible violence," said Kirill Titaev, a Russian sociologist and criminology expert at Yale, told the Times. Last year, Russian President Vladimir Putin called the risk of pardoned convicts re-offending upon their release "inevitable," per the Times.

Persons: —, Olga Romanova, Storm Z, Wagner, ROMAN ROMOKHOV, Kirov, Viktor Savvinov, Kirill Titaev, Vladimir Putin, Putin Organizations: Service, UK Ministry of Defence, Judicial Department, Business, The New York Times, Wagner Group, Storm, Getty, New York Times, Yale, Times Locations: Mediazona, Ukraine, Russia, Russian, Rostov, AFP

☆ Toddler of Phoenix first responder dies after bounce house goes airborne
▼ + stars: | 2024-05-01 | by ( Sydney Bishop | Brammhi Balarajan | ) edition.cnn.com time to read: +1 min

CNN —A 2-year-old child died after a strong gust of wind sent the bounce house he was in airborne and into a neighboring lot in central Arizona, the Pinal County Sheriff’s Office said. The toddler, Bodhi Naaf, is the son of Phoenix firefighter Karl Naaf, according to the United Phoenix Firefighters Local 493 union. “This appears to have been a tragic accident,” Pinal County Sheriff’s Office spokesperson Lauren Reimer said in a statement. In its news release, the sheriff’s office did not say whether the bounce house in this case was staked and anchored. A 2022 study by the American Meteorological Society reported 132 wind-related bounce house incidents worldwide from January 1, 2000, to December 31, 2021.

Persons: Bodhi, Phoenix, Karl Naaf, Lauren Reimer, CNN’s Robert Shackelford Organizations: CNN, Pinal County Sheriff’s, United Phoenix Firefighters, Pinal County Sherriff’s Office, US Consumer Product Safety Commission, American Meteorological Society, Phoenix Fire Locations: Arizona, Pinal County, Casa Grande

☆ Aspirin Can Prevent a Deadly Pregnancy Complication. Why Aren’t Women Told?
▼ + stars: | 2024-05-01 | by ( Roni Caryn Rabin | More About Roni Caryn Rabin | ) www.nytimes.com time to read: +3 min

Both the American College of Obstetricians and Gynecologists and the Society for Maternal-Fetal Medicine support the recommendation, saying low-dose aspirin is safe and not likely to cause complications. Despite all the data, too few pregnant women at risk are taking baby aspirin, and too few doctors recommend it. A 2022 study found that Black women are less likely to be told to take baby aspirin, even when they meet the criteria. In addition, only about one in five families surveyed said they were familiar with interventions like baby aspirin. Having had the condition once, Ms. Felix knew she might develop it again during her second pregnancy, so she decided to take baby aspirin.

Persons: haven’t, Harris, ”, Elizabeth Cherot, “, Allyson Felix, Felix, Cherot Organizations: U.S . Preventive Services Task Force, American College of Obstetricians, Society for, Dimes, Wednesday Locations: U.S

☆ How CEOs are preparing for possible employee protests
▼ + stars: | 2024-04-29 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +10 min

You can always choose to move on, but remember you don’t have a right to work at most companies. We can’t keep re-litigating when we also have a business to runYou speak with CEOs every day. Most of the CEOs I’ve talked to said they haven’t seen their employees protest, but they’re bracing for it. But I will say that I don’t think it will become that widespread because of how swiftly and unapologetically Google addressed it. I don’t think it will become a thing.

Persons: Sundar Pichai, Bell, Johnny C, Taylor Jr, that’s, we’re, We’re, we’ve, I’m, You’d, They’re, I’ve, Royce, Peter Valdes, “ We’re, ”, Martin Fritsches, “ That’s, Brian Fung, Sean Lyngaas, Satya Nadella, Sam Altman, Northrop Grumman, Alejandro Mayorkas Organizations: CNN Business, Bell, New York CNN, Google, Tech, Society for Human Resource Management, Companies, Royce, BMW, OpenAI, Microsoft, Department of Homeland Security, Delta Air Lines, DHS, “, Amazon Web Services, IBM, Cisco, ’, Civil Locations: New York, Israel, Chichester , England

☆ Americans are falling behind on their payments
▼ + stars: | 2024-04-25 | by ( Krystal Hur | ) edition.cnn.com time to read: +6 min

Americans are already struggling to keep up with their credit card payments. Strong consumer spending has buoyed the US economy through the Fed’s aggressive hiking cycle that has brought interest rates to a 23-year high. Economists say that Fed officials look closely at Americans’ ability to make their payments. Nunes, himself a former Republican congressman from California, pointed to how Trump Media has been among the most expensive stocks to borrow. “This is particularly troubling given that ‘naked’ short selling often entails sophisticated market participants profiting at the expense of retail investors,” the Trump Media CEO wrote.

Persons: New York CNN —, Austan Goolsbee, ’ ”, ”, Ramon Laguarta, Matt Egan, Devin Nunes, ” Nunes, Nunes, Read, Hanna Ziady, Colm Kelleher, “ Organizations: CNN Business, Bell, New York CNN, Chicago Federal, Society for, New York Fed, ISI, PepsiCo, Commerce Department, Atlanta Fed, Social, Trump Media, Trump Media & Technology Group, Truth Social, Financial Services, Republican, Traders, UBS, Credit Suisse Locations: New York, California, Switzerland, Swiss

☆ Boeing investigation: Labor complaint reveals allegations of company’s retaliation against two workers
▼ + stars: | 2024-04-23 | by ( Ross Levitt | Pete Muntean | ) edition.cnn.com time to read: +3 min

The union says it is trying to appeal a decision not to change the performance evaluation of one of the workers. Boeing says the investigation was part of a confidential process and that the report could only be shared with the FAA. The complaint filed on behalf of the two engineers involves a different issue— the onboard computer networks on the planes. The union says Boeing managers “strongly objected” to rerunning calculations regarding the systems based on new assumptions, citing cost and production delays, but that Boeing ultimately agreed. Boeing re-did the required analysis,” the press release says.

Persons: “, SPEEA, ”, Sam Salehpour, Rich Plunkett Organizations: CNN, Boeing, Federal Aviation Administration, Society of Professional Engineering Employees, Aerospace, National Labor Relations, Boeing’s, FAA, ” Boeing, Strategic

☆ CEOs share the 3 kinds of toxic employees you never want to be: 'Have some honesty about it'
▼ + stars: | 2024-04-23 | by ( Ashton Jackson | ) www.cnbc.com time to read: +2 min

So, whether you want help recognizing the toxic employees around you — or you'd like to avoid becoming one yourself — watch out for these three red flags, CEOs say. The entitled employeeDon't ever act like you're owed a promotion or raise, says Tom Gimbel, CEO of staffing and recruiting firm LaSalle Network. "[People who say] 'I'm only going to do what's in my job description, I'm not going the extra mile, I'm not going to commit time to this' and expect to be rewarded" aren't desirable employees, Gimbel tells CNBC Make It. Sometimes, employees are caught off-guard when colleagues with less tenure get promoted first, but time alone doesn't entitle anyone to a promotion. When the employee turned in the work, it contained a noticeable error — and they blamed Fox, saying her instructions were unclear.

Persons: Tom Gimbel, I'm, Gimbel, Talia Fox, Fox Organizations: Society of Human Resource Management, LaSalle Network, CNBC, KUSI

He was a model to me of artistic labor and discipline, even if those early paintings were painfully amateurish. The painting followed me from Amherst to my first job in New York, and on to London and Delhi. IT WASN’T MY intention to start an essay about artistic beginnings with a story of artistic death. I’m especially moved by those first moments of validation by which an artist comes out to himself, as it were. It’s this, the inexorability of the correspondence between an artist and the world, that gives those first steps their magical quality.

Persons: Naipaul, Neil Shah, James Wood —, Zack, who’d, ”, Artemisia Gentileschi, Susanna, Elders ”, I’m, ” Gustave Flaubert, “, ” Zack, it’s, Bruce Chatwin, Paul Gauguin, Salman Rushdie, Somerset Maugham, Kathryn Bigelow, Philip Glass, Arundhati Roy, Booker, Joseph Conrad, Conrad, Jacques, ” Conrad, brimming, ’, ’ ”, Clarice Lispector, Benjamin Moser, ” Lispector, Maugham, eludes, Jan van Kessel, Elder, — Pieter Bruegel, —, Rebecca West —, “ Black Lamb, J.R, Hammond, Wells, Rebecca West ”, sloughed, Henrik Ibsen’s, Rosmersholm ”, Karan Mahajan, Salman Toor, what’s, ” Hemingway, Anoushka Shankar, Ravi Shankar, Harold Bloom, Ravi, Uday, René Daumal, Rasa ”, ” Anoushka, Norah Jones, Norah, I’ve, “ Raphael, Rachel Cusk, Italy ”, Perugino, Raphael, Cusk, J.M, Samuel Beckett, Gabriel García Márquez, Thomas Pynchon’s, James Joyce, Michelangelo, Leonardo da Vinci, Marcel Proust’s, Fyodor Dostoyevsky, Read, Emma Kehlbeck, Quinton Kamara Organizations: Amherst College, Elders, Fayerweather, ”, Google, Sunday Times, Somerset, Yugoslavia, The, “, . Locations: Delhi, ”, Massachusetts, Italian, Topeka, Kan, Amherst, New York, London, Patagonia, New Delhi, Torrens, Cambridge, Polish, Ukrainian, Brazil, Flemish, Victorian England, “ H.G, Fairfield, United States, “, East, Lahore, Europe, America, Texas, Side, Manhattan, India, Italy

He was a model to me of artistic labor and discipline, even if those early paintings were painfully amateurish. IT WASN’T MY intention to start an essay about artistic beginnings with a story of artistic death. No one captured the massive cultural and economic disparities of my life in Delhi (and his in Lahore) like Toor. But quite unbeknown to me, Toor’s life in New York had opened up a new vein of material. Not everyone who sees a Michelangelo can go off and paint a Michelangelo.”THERE ARE SO many ways to begin.

☆ 5 things Jameela Jamil does to protect her body and mind in an unbalanced world
▼ + stars: | 2024-04-13 | by ( Andrea Kane | ) edition.cnn.com time to read: +11 min

Season 9 of the podcast Chasing Life with Dr. Sanjay Gupta explores the intersection between body weight and health. It’s the society that’s broken, not the individuals.”Here are five things Jamil does to protect her own mental health in a world that often feels unbalanced. Don’t manipulate imagesJamil said that to protect her mental health, she stipulates in her contracts (when she can) that her photos not be airbrushed. “Part of what I care about is making sure that people don’t feel, you know, as though this is just something we can’t do something about,” she said. We have to organize and come together.”“It’s just important that we don’t feel helpless, I think,” she said.

Persons: Sanjay Gupta, Jameela Jamil, Tahani Al, Jamil, influencers, “, ”, @i_weigh, —, I’m, she’s, “ I’m, I’ve, ” Jamil, “ I’ve, ‘, ’ ”, Esther Perel, It’s, airbrushing, …, ” “ Organizations: CNN, ” Locations: England, It’s

☆ Foxes were once humans’ best friends, study says
▼ + stars: | 2024-04-11 | by ( Mindy Weisberger | ) edition.cnn.com time to read: +7 min

Archaeologists originally uncovered the near-complete D. avus skeleton buried alongside a human at Cañada Seca, a site in northern Patagonia, in 1991. Parts of the D. avus specimen were buried alongside a human at Cañada Seca, a site in northern Patagonia. D. avus lived from the Pleistocene Epoch (around 2.6 million to 11,700 years ago) into the Holocene, becoming extinct about 500 years ago. With a similar diet to D. avus, dogs may have helped speed the foxes’ extinction by outcompeting them. Dogs could also have carried and transmitted diseases that sickened the foxes, Lebrasseur added.

Persons: wasn’t, Ophélie, avus, Francisco Prevosti “, Dusicyon avus, ”, Lebrasseur, Cinthia, ” Lebrasseur, Dr, Aurora, d’Anglade, ‘, Francisco Prevosti, it’s, ” Mindy Weisberger Organizations: CNN, Wellcome Trust, Archaeology Research, University of Oxford’s School of Archaeology, Royal Society Open Science, Argentina’s, Technical Research, Universidade, Oxford, Scientific Locations: what’s, Argentina, South America, Cañada Seca, Patagonia, United Kingdom, Europe, Asia, Spain, Patagonia . Hunter

☆ What to do with your solar eclipse glasses
▼ + stars: | 2024-04-09 | by ( Taylor Nicioli | ) edition.cnn.com time to read: +3 min

For the fortunate folks who witnessed the rare solar event, there may not be a need to throw out gently used pairs of solar eclipse viewing glasses. That means the same glasses worn during the 2024 total solar eclipse will serve as effective protection during the next total solar eclipse in 2026 that will be visible over Greenland, Iceland, Spain, Russia and a small portion of Portugal and appear as a partial eclipse in parts of Europe, Africa and North America. Where to donate solar eclipse glassesIf the owner of a pair of solar eclipse glasses is not planning on globe-trotting to catch a glimpse of the upcoming solar eclipses, there are several organizations collecting viewers with the aim of donating to those who will be on the path of upcoming events. Eclipse Glasses USA, a retailer of eclipse glasses approved by the American Astronomical Society, is collecting used but undamaged glasses to send to schools in Chile and Argentina that will be within the path where the October 2024 annular eclipse, otherwise known as the “ring of fire,” will be visible. Astronomers Without Borders, a nonprofit organization that collected more than 2 million glasses after the 2017 total solar eclipse and redistributed hundreds of thousands of pairs before the 2024 eclipse, has a growing list of drop-off locations for donations of gently used glasses.

Persons: “, ”, Kerry Hensley, Hensley Organizations: CNN, American Astronomical Society, AAS Nova, American Academy of Ophthalmology Locations: North America, Greenland, Iceland, Spain, Russia, Portugal, Europe, Africa, United States, North Dakota, Montana, Chile, Argentina

☆ The 'sandwich generation' faces pressure as the world ages — here are 3 tips to prevent burnout
▼ + stars: | 2024-04-09 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +5 min

"There's this tendency in the welfare state to sort of outsource the elderly care," Jan-Emmanuel De Neve, director of the Wellbeing Research Centre at Oxford University told CNBC Make It. Although home-care for the elderly improves their wellbeing, it can also place pressure on younger generations. The so-called sandwich generation refers to middle-aged people who have elderly parents to care for, as well as their own children who are still dependent on them. The younger generations have to support their elderly parents or grandparents. "This would entail defining one's family value system, setting out personal goals, life aspirations, allocating and committing personal resources," Wong suggested.

Persons: Momo, John Wong, Jan, Emmanuel De Neve, Wong, Jialu Streeter, boomers, Streeter Organizations: WHO, Getty, National University of Singapore's, Science, CNBC, World Health Organization, United Nations, Economic, Oxford University, Loo Lin, of Medicine, NUS, Stanford Institute for Economic, Pew Research, Stanford Institute for Economic Policy Research Locations: Hong Kong, South Korea, Japan

☆ This solo traveler drove from London to Lagos in a Peugeot 107
▼ + stars: | 2024-04-08 | by ( Tamara Hardingham-Gill | ) edition.cnn.com time to read: +8 min

CNN —On January 24, content creator Pelumi Nubi, who grew up in London, set off on a solo drive from the UK capital to Lagos, Nigeria in her beloved purple Peugeot 107. In order to ensure that her vehicle would be suitable for the 10,000-kilometer journey, Nubi had it specially modified, adding a bed and a kitchen facility inside. However, the journey wasn’t without its challenges, some more serious than others. Bigger pictureNubi, seen in Kenya before undertaking her London to Lagos challenge, hopes that her travels will inspire us to pursue their dreams. While she believes that she’s now the first Black solo female traveler to have driven from London to Lagos, Nubi isn’t hugely interested in such titles and says that this was never her goal.

Persons: Pelumi Nubi, “ It’s, ”, Nubi, Omololu Olurinde, Kunle, she’d, Omololu, I’ve, ‘ Lumi, “ She’s, she’s, “, it’s, ” Nubi, It’s, Lumi, Nubi isn’t Organizations: CNN, Sunday, Peugeot, Osprey Locations: London, Lagos, Nigeria, France, Morocco, Senegal, Sierra Leone, Nigerian, West Africa, Namibia, Ghana, Lake Como, Italy, Spain, Paris, Mauritania, ”, Gambia, Guinea, Bissau, Liberia, Ivory Coast, Togo, Benin, Kenya, Yamoussoukro, South Africa

☆ Jim and Pam Knew How to Survive a Soul-Crushing Office
▼ + stars: | 2024-04-08 | by ( Alexandra Molotkow | ) www.businessinsider.com time to read: +20 min

Office crushes, in all their mercurial glory and pain, continue to shape our working lives in deeply meaningful ways. But through all these changing norms, workplace crushes remain remarkably common. Jim, after all, doesn't even ask Pam on a date until the season-three finale of "The Office." That most workplace crushes never lead to consummated relationships doesn't make them any less powerful. An admitted serial crusher, she still gets work crushes — last year she counted "a solid eight."

Persons: Derek, Brendan, Michael Rosenfeld, Manny, Sean Horan, we're, she'd, Karis, Stefan, Darcy, —, Helen Fisher, Lakshmi Rengarajan, Rengarajan, smolder, Jim, Pam, I've, it's, I'd, Slack, Mikel Jaso, didn't, couldn't, weirdly, they'd, Johnny C, Taylor Jr, MeToo, Ayear, Tiana Reid, texted Derek, Alexandra Molotkow Organizations: Society for Human Resource Management, Stanford, Fairfield University, Match.com, BI Karis, Society for Human, York University Locations: New York City, Singapore, Brendan's, New York, Chicago, Toronto

breeze liuI got a message from a friend of mine. She’s lobbied platforms to get them to stop linking to these sites and directing traffic to these sites. breeze liuI did ask Pornhub to take it down. nicholas kristofThe deepfake companies made a mistake in targeting Breeze because she is very savvy about technology, about Silicon Valley. breeze liuI decided to create my own solution because I run into wall everywhere I go.

Persons: nicholas kristof I’m Nicholas Kristof, I’m, ” We’ve, Biden, Donald Trump, nicholas kristof There’s, Taylor Swift, catalina marchant de abreu, it’s, nicholas kristof, liu, Liu, Breeze, you’re, they’re, there’s, Pornhub, wouldn’t Organizations: The New York Times Locations: New Hampshire, Silicon

☆ Free trade flaws fueled Trump's rise in 2016 — and the problems remain, top economist says
▼ + stars: | 2024-04-05 | by ( Elliot Smith | ) www.cnbc.com time to read: +2 min

Decades of trade deficits and a strong dollar created too many "losers" in the U.S. economy who turned to Donald Trump's protectionist policies, according to Richard Koo, chief economist at the Nomura Research Institute — and those conditions remain. Trump's "America First" economic policies led his administration to institute a slew of trade tariffs on China, Mexico, the European Union and others, including slapping 25% duties on imported steel and aluminum. These policies have drawn widespread criticism from economists, who argue that tariffs are counterproductive, as they make imported goods more expensive for the average American. "When we studied economics and free trade, in particular, we were taught...that free trade always creates both winners and losers in the same economy, but the gain that winners get is always greater than the loss of the losers, so the society as a whole always gains. So that's why the free trade is good," he noted.

Persons: Donald Trump, Jonathan Diller, Donald Trump's, Richard Koo, Trump, Steve Sedgwick, Koo Organizations: U.S, New York City Police Department, NYPD, Nomura Research Institute, European Union, Republican Locations: New, Rockaway, Queens, Massapequa Park , New York, U.S, China, Mexico

☆ Finland School Shooting’s Motive Was Bullying, Police Say
▼ + stars: | 2024-04-04 | by ( Johanna Lemola | Emma Bubola | ) www.nytimes.com time to read: 1 min

The 12-year-old boy who opened fire at his school in Finland on Tuesday, killing a schoolmate and injuring two others, has offered an explanation for the shooting: He was bullied. The police said the motive emerged during interviews with the student, who had transferred to his school, north of Helsinki, at the beginning of the calendar year. After the shooting, the police said, the boy also threatened students heading to another school. The boy, who cannot be criminally charged because of his age, was placed in the custody of social welfare authorities, the police said. “We have to do more in the society to prevent bullying.”

Persons: Anna, Maja Henriksson, “, ” Locations: Finland, Helsinki

☆ Now Arriving at J.F.K.: Ponies From Iceland and Dogs From the West Bank
▼ + stars: | 2024-03-17 | by ( Claire Fahy | ) www.nytimes.com time to read: +1 min

There were exactly 69 dogs onboard, all from his shelter in the West Bank. Then came Jimmy, Carlos, Farouk, Zoe, all of whom Mr. Abu-Ghazalah had cared for at Daily Hugz, the rescue facility he set up in Asira ash-Shamaliya, outside his hometown, Nablus. The dogs were mostly abandoned, many were feral and a number of them had lost legs after being hit by cars. The shelter had been “like paradise,” Mr. Abu-Ghazalah said. But in December, as conditions in the West Bank deteriorated amid the Israel-Hamas war, he decided he could no longer keep it running.

Persons: Ghazalah, Lucas, Jimmy, Carlos, Farouk, Zoe, Mr, Abu Organizations: Kennedy International Airport, West Bank, Daily, Society for, Animals International Locations: Maad, Nablus, West, Israel

☆ Biden’s 'billionaire tax' takes aim at the super-rich — but can a wealth tax work in reality?
▼ + stars: | 2024-03-15 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +6 min

This is about the wealthy contributing more ... the extremely wealthy contributing more and being proud to do that. "This is about the wealthy contributing more to the society, the extremely wealthy contributing more and being proud to do that," Phil White, retired business owner and Patriotic Millionaires co-signatory, told CNBC. But experts are divided over the effectiveness of a wealth tax, and its how achievable it is in reality. Data suggests that wealth tax accounts for only a very small proportion of total tax revenues in the countries where it has been applied. Data suggests that a wealth tax accounts for only a very small proportion of total tax revenues in the countries where it has been applied.

Persons: Joe Biden, Biden, Phil White, Abigail Disney, Brian Cox, Arun Advani, Advani, Christine Cairns, PwC, Tord Kolstad, Kolstad, Kolstad Eiendom Organizations: Patriotic, Patriotic Millionaires, CNBC, Scottish, University of Warwick Locations: Brazil, Europe, Switzerland, Norway, Spain, Colombia

☆ A 17-year-old took home $250,000 for his award-winning discovery in computer 'brains' that could make AI smarter and safer
▼ + stars: | 2024-03-15 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +5 min

Read previewAchyuta Rajaram won this year's Regeneron Science Talent Search $250,000 top prize for his work on making machine learning more efficient and safer. Beating out 2,000 competitorsParticipation in Regeneron Science Talent Search has grown and shrunk over the years, reaching its peak in the late 1960s during the Apollo missions. Achyuta Rajaram said he was shocked to take home the top prize at the Regeneron Science Talent Search. AdvertisementRajaram plans to continue studying computer science at MIT in the fall. His advice to anyone who wants to apply for the Regeneron Science Talent Search is to "be really, really curious about everything."

Persons: —, Achyuta Rajaram, Rajaram, Maya Ajmera, Ajmera, Chris Ayers, McArthur Organizations: Service, Society for Science, Business, Phillips Exeter Academy, Apollo, McArthur Fellows, MIT, Regeneron

☆ What is a wealth tax and can it work in reality?
▼ + stars: | 2024-03-15 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

The so-called wealth tax is a politically divisive economic policy, but one that is regaining attention amid rising inequality and shifting demographics. It follows an earlier G20 meeting, in which finance leaders explored plans for a global minimum tax on the world's 3,000 billionaires. Colombia, Scotland and the U.S. have all proposed wealth taxes in recent years, joining the likes of Switzerland, Norway and Spain in imposing taxes specifically on the super-rich. And even some of the world's wealthy are backing such calls. But can such a policy work in reality, and is it likely to take hold?

Persons: Joe Biden, Phil White Organizations: U.S, Patriotic Millionaires, CNBC Locations: Colombia, Scotland, Switzerland, Norway, Spain

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