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These Couples Survived a Lot. Then Came Retirement.
  + stars: | 2024-05-05 | by ( Susan Dominus | ) www.nytimes.com   time to read: +1 min
Barbara and Joe met 13 years ago, two divorced people who had relentlessly climbed their way up from working-class backgrounds. Joe co-founded a delivery business that he sold in 2021 for an amount that meant he would never have to work again; he retired in January last year. Since retirement, she reported, Joe had found himself untethered. Now he also wanted her to look at the funny dog videos that made him laugh, and yes, funny pig videos too. “But I’m going crazy or going back to work, whichever comes first.”
Persons: Barbara, Joe, untethered, ,
Dua Lipa released her third studio album, "Radical Optimism," on Friday. With its Euro-pop vibe, 11-track structure, and dance-forward conceit, "Radical Optimism" does recall its predecessor, but that's hardly a bad thing. Compare that to the trio of "Radical Optimism" singles: "Houdini," "Training Season," and "Illusion," all of which have the makings of a smash. "Radical Optimism" is primed for the same kind of slow-burn success, especially given its familiar shimmer of pop genius. Final Grade: 8.6/10Dua Lipa's "Radical Optimism" was released on May 3, 2024.
Persons: Lipa, Maria, , who's bristled, who'd, I've, I'd, Kevin Parker, Danny L Harle, Caroline Polachek's, Parker, Houdini, they've Organizations: Service, Lipa, Warner Records, Press Locations: Lipa, singledom, untethered
Yet new data shows its main product — the conservative-friendly social network Truth Social — remains a very tiny player in its industry, and it’s getting even smaller. “If your entire social circle is on a social media platform, that’s a strong pull to sign up. ‘Meme stock’ argumentTrump recently received another 36 million shares of Trump Media as part of a bonus known as earnout shares. Including those new shares, Trump owns 114.75 million shares of Trump Media — a stake valued at $5.6 billion. Of course, Kennedy notes that there is a counter argument that Trump Media is not a typical social media stock, and so traditional metrics like growth and revenue don’t really matter.
Persons: Donald Trump, it’s, , Matthew Kennedy, Kennedy, , Trump, Shannon Devine, ” Devine, Similarweb, Mark Zuckerberg’s Meta, Gettr, Tom Liu, Musk, ” Kennedy Organizations: New, New York CNN, Trump Media & Technology, Trump Media, CNN, Trump, Truth, Renaissance, Social, ” Trump Media, Elon Musk Locations: New York, Similarweb
CNN —An email Monday night from Donald Trump – subject line: “My farewell message” – carried a fateful warning to his backers. Throughout the first six days of his trial, Trump’s dramatized retellings of his legal peril have veered considerably from the events actually unfolding in and around Manhattan’s criminal courthouse. In one fundraising email on the first day of his trial, Trump claimed he “stormed out” of the proceedings. With the courtroom quiet Tuesday, Trump flipped through a pile of papers loud enough to hear the pages turning. “I will not have any jurors intimidated in the courtroom,” Merchan said.
Persons: Donald Trump, , Trump, Rather, untethered, , he’s, unremarkably Trump, Judge Juan Merchan, Stormy Daniels, E, Jean Carroll, Merchan, ” Merchan, hasn’t, “ You’re, , Todd Blanche, Christopher Conroy, Blanche, , CNN’s Kate Sullivan, Kristen Holmes, Jeremy Herb, Lauren del Valle, Kara Scannell Organizations: CNN, Trump, Columbia University, Truth, Protesters Locations: Manhattan, Fiji, Lower Manhattan
High corporate valuations could pose a significant risk to financial stability as market optimism becomes untethered from fundamentals, the IMF's director of the Monetary and Capital Markets Department said Tuesday. Financial markets have been on a tear for much of this year, buoyed by falling inflation and hopes of forthcoming interest rate cuts. But that "optimism" has stretched company valuations to a point where that could become vulnerable to an economic shock, Tobias Adrian said. "We do worry in some segments where valuations have become quite stretched," Adrian told CNBC's Karen Tso Tuesday. Adrian, who was speaking on the side lines of the IMF's Spring Meeting in Washington, said that credit markets were a particular area of concern.
Persons: Tobias Adrian, Adrian, Karen Tso Organizations: Monetary, Capital Markets, International Monetary Fund, World Bank Group, Washington DC, Capital Markets Department, Financial Locations: Washington, United States
You might miss a massive move in Trump Media & Technology Group’s stock price. Trump Media is so turbulent that it makes bitcoin’s volatility look tame. There are many reasons why Trump Media shares have been so volatile, including the fact that the company is inextricably linked to the former president. This dynamic makes it easier for investors to place bullish bets, sending Trump Media shares surging. But that has been trickier with Trump Media, allowing its stock to spike in its early days.
Persons: Donald Trump, it’s Trump, , Matthew Tuttle, Michael Ohlrogge, Matthew Kennedy, Kennedy, , it’s, Bob Sloan, Tuttle, Charles Schwab, ” Tuttle, Ohlrogge, Trump, Renaissance’s Kennedy, Jonathan Macey, ” Macey Organizations: New, New York CNN, Trump Media & Technology, Trump Media, Trump, Tuttle Capital Management, Trump Media’s, NYU School of Law, Similarweb, Renaissance, Facebook, Meta, “ Traders, Companies, S3 Partners, CNN, NYU, MBT, Yale Law School Locations: New York
Chances are, you're not going to find your dream job in your 20s. Hoskins spent her 20s working in different cities and industries after graduating with a degree in architecture from the Massachusetts Institute of Technology. Experimenting with different careers in your 20s can help you develop your skills, discover new passions, or, in Hoskins' case, return to old ones. That decision was influenced, in part, by one of Hoskins' favorite childhood hobbies: flipping through architecture magazines and doodling designs based on the spreads. A native of Chicago, Hoskins says she grew up with plenty of exposure to the striking buildings that make up the city's downtown and pages of Architectural Record, a magazine her mother often brought home.
Persons: Diane Hoskins, Hoskins, Gensler Organizations: Massachusetts Institute of Technology, UCLA's Anderson School of Management, CNBC Locations: Chicago , New York, Los Angeles, Washington, New York, Chicago
Truth Social had just 494,000 monthly active US users on iOS and Android combined in February, according to Similarweb stats provided to CNN. Even Threads had more than 10 times the number of monthly active users that Truth Social had in February, according to Similarweb. The last Trump company to go public, Trump Hotels and Casino Resorts in 1995, used the same DJT ticker symbol. Like any social media business, Truth Social faces pressure to grow its user base, expand its advertising business and build a subscription service. “If he wins in November, Truth Social will probably be the primary means of presidential communication,” said Kennedy.
Persons: Donald Trump’s, , , Jay Ritter, Ritter, , Reddit, Matthew Kennedy, Kennedy, Jonathan Macey, that’s, ’ Matthew Tuttle, Tuttle, it’s Trump, you’ve, ” “, I’m, Donald Trump, Trump, “ Donald J, TMTG, skeptically Organizations: New, New York CNN, Trump Media & Technology Group, Trump Media, University of Florida’s Warrington College of Business, GameStop, AMC, Trump, Renaissance, Truth, CNN, Facebook, Yale, Digital, Tuttle Capital Management, SEC, Trump Hotels, Casino Resorts, New York Stock Exchange Locations: New York, , United States
There is no particular mystery to unravel around the political views of Elon Musk, the billionaire technology and social media executive. He is — and for some time, has been — on the far right wing of American politics. He is an enthusiastic purveyor of far-right conspiracy theories, using his platform on the website X to spread a worldview that is as extreme as it is untethered from reality. Musk is especially preoccupied with the racial makeup of the country and the alleged deficiency of nonwhites in important positions. Musk, a wealthy shareholder in various companies — including his own, Tesla, which is being sued by Equal Employment Opportunity Commission for allegedly allowing racist abuse of some of its Black employees — says it’s diversity.
Persons: Elon Musk, , Organizations: Boeing, , CNN, Employment, Commission
I would tell her to add things to my grocery shopping list as I needed them. "Hey Google, add rigatoni to the shopping list." "Add tomatoes to the shopping list!" My Google Home thought we were always talking to herSoon, Google started hallucinating that we were talking to her when we were two rooms away. AdvertisementA paper shopping list has been a revelationWe've never looked back.
Persons: , Crisp, she'd, We'd, We've, I've Organizations: Service, Google, Twitter, gaslight Locations: of Verdun
NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . But when Nupur Dave walked away from corporate life at 40, becoming part of the FIRE (financial independence, retire early) movement, she soon came to regret it . Many of the early retirees who've spoken with BI in the past have shared the challenges that come with quitting work altogether. And there are many more striving to make early retirement a reality .
Persons: , Nupur Dave, Dave, FIREgret, Dave's, who've, Rebecca Zisser, it's, Jenny Chang, Rodriguez, Alyssa Powell, Steve Pemberton, there's, Pemberton, Robert L, Johnson, America's, Matt Turner, Jordan Parker Erb, Dan DeFrancesco, Lisa Ryan Organizations: Business, Service, Microsoft, Google, Wall, Getty, Walgreens, Toyota, BET Locations: New York
AdvertisementNupur Dave thought her decision to retire at age 40 in 2022 was an easy one. But the reality of retiring early turned out quite different. AdvertisementSavings and financial independenceDave on her last day at a financial services company, where there is an early retirement advertisement. Nupur DaveBy retiring at 40, Dave became part of the FIRE — "Financial Independence, Retire Early" — community. Advertisement"The whole idea of FIREing was possible because I'm in India," Dave said.
Persons: Nupur Dave, wasn't, Dave, Dave Dave, FIREing, Jovan Johnson, Gwendolyn Merz, Merz, Michelle Jackson, you've Organizations: FIRE, Google, Independence, BI Locations: Bangalore, India, Atlanta, San Francisco, Illinois, Asia
"The Regime'" is HBO's latest bet on Kate Winslet, who helped carry miniseries like "Mare of Easttown" to critical acclaim. But according to critics, the series doesn't entirely live up to Winslet's excellent performance. But while critics praised Winslet's acting, many noted that if you're looking for more "Succession," this isn't quite it. Matthias Schoenaerts and Kate Winslet in "The Regime." Miya Mizuno/HBOThe show's ensemble cast is underusedIn addition to Winslet and Schoenaerts, "The Regime" has an ensemble cast with several acclaimed actors.
Persons: , Kate Winslet, Winslet, Elena Vernham, she's, — Vernham, Herbert Zubak, Matthias Schoenaerts, Will Tracy, Winslet's, Daniel Fienberg, Beast's Coleman Spilde, Gregory Lawrence, Miya Mizuno, Judy Berman, Marina Fang, Carly Lane, Lawrence, elucidations, Alexandre Desplat's, Fienberg, Stephen Frears, Jessica Hobbs, Alexandre Desplat, Caryn James, Oscar, Spilde, HuffPost's Fang, Andrea Riseborough, Schoenaerts, Agnes, Hugh Grant, Martha Plimpton, Judith Holt, Guillaume Gallienne, Danny Webb, David Bamber, Henry Goodman, Paste's Elijah Gonzalez, Andrea Riseborough's Organizations: Service, The, French Dispatch, Budapest Hotel, Daily, HBO, State Locations: Austria
Read previewNEW YORK (AP) — Donald Trump has appealed his $454 million New York civil fraud judgment, challenging a judge's finding that Trump lied about his wealth as he grew the real estate empire that launched him to stardom and the presidency. Trump's lawyers wrote in court papers that they're asking the appeals court to decide whether Engoron "committed errors of law and/or fact" and whether he abused his discretion and/or his jurisdiction. Among other penalties, the judge put strict limitations on the ability of Trump's company, the Trump Organization, to do business. Engoron ordered Trump to pay $355 million in penalties, but with interest the total has grown to nearly $454 million. If Trump is unsuccessful at the Appellate Division, he can ask the state's highest court, the Court of Appeals, to consider taking his case.
Persons: , — Donald Trump, Trump, Arthur Engoron's, Letitia James, Engoron, Eric, Donald Trump Jr, schemed, Engoron's, Trump's, Christopher Kise, untethered, Alina Habba, Habba, Arthur Engoron, Shannon Stapleton, James, Democrat Joe Biden, Stormy Daniels, E, Jean Carroll, defaming, Carroll Organizations: Service, Business, Trump Organization, Trump, ABC, . New, Reuters, Division, D.C, Democrat Locations: York, New York, Engoron's, Georgia, Washington, Florida, Manhattan
In addition to the $355 million penalty — payback of what the judge deemed “ill-gotten gains” from his spurious financial statements — Trump is required to pay interest on that amount. James’ office calculates that, to date, Trump owes an additional $98.6 million in interest, bringing his total penalty to $453.5 million. Trump used $170 million of the $375 million to pay off a loan on the property. — $60 million, plus interest, from selling the rights to manage a New York City golf course in June 2023. Trump testified that regardless of what his financial statements said, banks did their own due diligence and would’ve qualified him for the loans anyway.
Persons: Donald Trump, , , Arthur Engoron, Letitia James, who’s, Trump, who's, Friday's, what's, Engoron, James ’, Allen Weisselberg, Jeffrey McConney, — Trump, Eric, Donald Trump Jr, Donald Jr, untethered, ” Trump, Christopher Kise, would’ve, James, Engoron’s, Barbara Jones, Michael Cohen, Cohen, , Forbes, Trump “, ” Engoron, Michael Cohen's Organizations: Republican, Trump, Trump Organization, longtime Trump Organization, TRUMP, New, Deutsche, Trump International Hotel, Waldorf, Bally's Corporation, Trump Organization finance, Division, Democrat Locations: New York, New, Manhattan, Lago, Florida, Miami, Chicago, Washington, New York City, Engoron’s, York, Trump
NEW YORK (AP) — Comedian Jon Stewart is rewinding the clock, returning to “The Daily Show” as a weekly host and executive producing through the 2024 U.S. elections cycle. Comedy Central on Wednesday said Stewart will host the topical TV show, the perch he ruled for 16 years starting in 1999, every Monday starting Feb. 12. Two former correspondents in particular got massive boosts — Steve Carell and Stephen Colbert. '”The show's abrupt end was reportedly triggered due to clashes between Stewart and Apple over its coverage of stories around China and artificial intelligence. A spokesperson did not immediately respond to questions about who will host “The Daily Show” after the November election.
Persons: Jon Stewart, Stewart, “ Jon Stewart, ” Chris McCarthy, Jon, Craig Kilborn, Trevor Noah —, Noah, Desi Lydic, Michael Kosta, Ronny Chieng, Jordan Klepper, Stewart didn't, untethered, , , I’m, ’ ”, John Oliver, Larry Wilmore, Olivia Munn, Samantha Bee, Roy Wood Jr, Aasif Mandvi, Kennedy, Mark Twain, Steve Carell, Stephen Colbert, Carell, Ron Burgundy, ” Colbert, ___ Mark Kennedy Organizations: Central, Showtime, MTV Entertainment Studios, Strike Force, Hollywood, Guardian, CBS, Apple, Los Angeles Times Locations: China
Calvin Klein has always trafficked in high and low — in classic all-American athleticism, shot through with an untethered primal lust. Some other Calvin Klein ads fail to have the same friction, the right wrongness. There are faintly fascistic undertones in the form Calvin Klein valorizes. (How surprising is it that Calvin Klein has worked with the estate of the photographer Robert Mapplethorpe, who used his models to engage the viewer sexually?) ?” — as though a touch of discomfort isn’t precisely what creates a hit Calvin Klein ad.
Persons: “ I’m, I’m, , Calvin Klein, Brooke Shields, Mark Wahlberg —, Marky Mark, peekaboo, , Justin Bieber, Jacob Elordi’s, Kate Moss’s, Calvin Klein valorizes, Leni Riefenstahl’s “, sleaze, Dominic Fike, Travis Fimmel, Robert Mapplethorpe, Wahlberg, Bieber, White, Jamie Dornan’s, Jeremy Allen, Ayo Edibiri, incredulously — Organizations: Stone, Golden Globe Locations: The, Chicago
Opinion | The Roots of Trump Nostalgia
  + stars: | 2024-01-19 | by ( Ross Douthat | ) www.nytimes.com   time to read: +2 min
Jonathan Chait has a long lament in New York magazine about the diminishing intensity of anti-Trump politics in America. Even as the former president shoulders his way toward the Republican nomination and leads President Biden in many polls, Chait frets that “the imperative to keep Trump out of the Oval Office has become tiresome.” Indeed, a kind of “exhaustion” with anti-Trumpism, Chait writes, “may be the most dominant attribute of our national mood.”His essay goes on to interpret this exhaustion as more psychological and even spiritual than simply political. The way that so many anti-Trump Republican donors and politicians seemed to essentially give up on the hope of a competitive primary once Trump was indicted and Ron DeSantis didn’t set the world on fire fits this framework. So does the way that the Democratic Party has seemingly sleepwalked into renominating Biden despite his lousy polling numbers and obvious age-related issues. But I also think more than just exhaustion is at work here, and that some of the different groups Chait identifies as insufficiently anti-Trump — left-wingers, establishment Republicans, pocketbook-conscious swing voters — are actually experiencing something that might be more accurately characterized as a kind of Trump nostalgia.
Persons: Jonathan Chait, Biden, Trump, Chait, , Donald Trump, Ron DeSantis didn’t, renominating Biden Organizations: Trump, Republican, Trump Republican, Democratic Party Locations: New York, America, Biden’s America
I’d had the privilege of a youth — adolescence and young adulthood — in countries where being Palestinian was fairly common. The task of the Palestinian, we’ve seen in the past two weeks, is to audition for empathy and compassion. In the past couple of weeks, I’ve watched Palestinian activists, lawyers, professors get baited and interrupted on air, if not silenced altogether. What is the word of a Palestinian against a machinery that investigates itself, that absolves itself of accused crimes? Diasporically or not, being Palestinian is the quintessential disrupter: It messes with a curated, modified tape.
Persons: I’ve, I’d, hadn’t, we’ve, they’ve, dehumanized, You’ve, I’d humanized, Al Jazeera, “ It’s, it’s, infographics, I’m Organizations: NBC Locations: United States, Kuwait, Palestine, Manhattan, Gaza, Philadelphia, Las Vegas, I’m, Palestinian
Prosecutors in the criminal trial against FTX founder Sam Bankman-Fried compared one of the defense's arguments to a scene in the 1994 film "Dumb and Dumber," in which actor Jim Carrey says IOUs are "as good as money." Funds also allegedly went to paying for things such as a $35 million property in the Bahamas and political donations. Customers were ultimately unable to retrieve much of their money as FTX and Alameda were simultaneously imploding. In a footnote, the prosecution writes, "A popular movie from the 1990s illustrates the point: a briefcase, once filled with money, is not the same as a briefcase later filled with IOUs." In "Dumb and Dumber," when the briefcase reaches its owner, it's filled with paper.
Persons: Sam Bankman, Jim Carrey, IOUs, Judge Lewis Kaplan, who's, Carrey, Jeff Daniels, transact, Lloyd Christmas Organizations: Prosecutors, FTX, Manhattan, Southern, of, York, Alameda Research Locations: Manhattan, New York City, Colorado, Bahamas, Alameda
WASHINGTON (AP) — The United States is welcomed in the Indo-Pacific region and needs to update its approach to have stronger presence there to counter China's influence, said the top American diplomat to Tokyo. “The region wants all of America, not just part of America, economically, militarily, diplomatically, politically,” Emanuel said. “Because they know, an untethered China is a real risk to them, and they need America, all of America, its presence." In August, President Joe Biden formed a trilateral partnership with Japan and South Korea in Camp David over shared security challenges posed by North Korea and China. At the Asia Society Policy Institute, Emanuel called the partnership “a seismic shift in the plates in the Indo-Pacific".
Persons: Rahm Emanuel, ” Emanuel, Daniel Russel, Wang Yi, ” Wang, Joe Biden, Camp David, Emanuel, , , Russel Organizations: WASHINGTON, Asia Society Policy, U.S, East China, Washington, China, North, Asia Society Policy Institute Locations: United States, American, Tokyo, New York, U.S, Japan, China, America, South, East, Taiwan, Beijing, South Korea, Qingdao, Camp, North Korea
From Palm Beach to Miami Beach, luxury home prices in Florida's richest enclaves are reaching new records as billionaires and millionaires continue to buy up property. The average price per square foot of homes sold in Palm Beach reached $4,554, more than 2.5 times more expensive than Manhattan. "The prices are mind-blowing," said Chris Leavitt, a top Palm Beach broker with Douglas Elliman. Miami Beach has also seen a spike in prices from wealthy buyers — especially billionaires. "Both Palm Beach and Miami Beach are disconnected from the interest rate trend."
Persons: Douglas Elliman, Miller Samuel, Chris Leavitt, Jonathan Miller, Leavitt, James Tigani, Harvey Jones, Tommy Hilfiger, Michael Cantanucci, Corcoran, Eric Schmidt, Ken Griffin, Alex Rodriguez, Griffin, Jeff Bezos, Tom Brady Organizations: Palm, Tech, Brokers, National Football League, CNBC Locations: Palm Beach, Miami Beach, Manhattan, New York , New Jersey, California, Florida, Miami
Lawyers for New York's attorney general and Donald Trump sparred in a Manhattan courtroom Friday. AdvertisementAdvertisement"The defendants have clearly stepped through the looking glass," Amer told the judge, New York Supreme Court Justice Arthur Engoron. AdvertisementAdvertisement"We're through the looking glass here, too," Kise, who Trump has paid a $3 million retainer, promised the judge. AdvertisementAdvertisementNew York AG Leticia James' lawsuit against Trump will go to trial in October. AdvertisementAdvertisementShe's also asking the judge to ban Trump and Trump Org for five years from buying real estate in the state.
Persons: Donald Trump sparred, Trump, Donald Trump, Letitia James, Andrew Amer, Amer, Arthur Engoron, James, , Christopher Kise, Trump's, Kise, general's, I'm, AG Leticia James, YUKI IWAMURA, Mario Tama, He'll, he'll, She's Organizations: New, Service, AG, Trump, Getty, Trump Organization, Trump Org Locations: Manhattan, Wall, Silicon, New York, AFP, Springs, Trump
CNN —The Kristen Welker era of “Meet the Press” is off to a bleak start. Unfortunately, Welker failed spectacularly to meet the moment during her interview with Trump. Welker allowed Trump to make a number of statements wholly untethered to reality on a range of critical issues without tenacious, resolute, or meaningful pushback. It’s arguable that, at this juncture, there is really no need to interview Trump. If it is necessary to interview Trump, newsrooms need to approach the task differently than they would any other interview.
Persons: Kristen Welker, Donald Trump, Welker, hyping Welker, , Trump, timidly, Peter Baker, ” Trump, “ Mr, , , dishonestly, Trump’s, doesn’t bode Organizations: CNN, , Press, . Television, NBC News, House, Trump, New York Times, White, NBC, Republicans, Republican Party, Republican Party of Locations: Taiwan
AdvertisementAdvertisementHere are Trump's top five business fraud defenses – in his own words – as revealed in a recently-unsealed deposition transcript. New York attorney general's officeTrying to pass the blame won't work, two attorneys who used to work for previous New York attorneys general told Insider. And you're suing them instead of going after violent criminals," he scolded the attorney general and her lawyers. Then there's the $250 million Trump allegedly pocketed by lying about the size of his collateral. 3: his math is "worthless"At the center of the attorney general's case are a decade's worth of Trump's Statements of Financial Condition.
Persons: Trump, Donald Trump, Letitia James, James, Andrew S, Amer, Kevin C, Wallace, Brittainy Newman, Eric, I've, Mazars, We're, I'm, general's, Kenneth Foard McCallion, Tristan Snell, , Susan Watts, they'd, Snell, McCallion, Donald Trump's, Laura Italiano, Kathy Willens, Jennifer S, Altman, Carlo Allegri, John Minchillo, Drew Angerer, George Washington, Jack Nicklaus, Tom Watson, He's Organizations: Trump Org, Service, York, New York State, New York, AP Trump, Trump Organization, New, Trump University, Trump, Deutsche Bank, NY Daily, Getty, Associated Press Deutsche Bank, McCallion, Associates, Washington, MSNBC, Reuters, U.S, Marriott Marquis Locations: NY, Wall, Silicon, Manhattan, New York, Trump's, Trump Tower, Manhattan , NY, . New York, Trump, New York City, Springs, Westchester County , New York, Mount Kisco, N.Y, Washington ,, Miami
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