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The American Dream is under siege
  + stars: | 2024-03-02 | by ( Matt Egan | ) edition.cnn.com   time to read: +15 min
Parents of young children are making difficult choices to afford child care — or they’re opting to evade it by dropping out of the workforce altogether. Even as the inflation rate has cooled across the US economy, child care remains a sore spot for many families. The weekly price of day care for a toddler surged 9% in 2023, according to Care.com, a marketplace for child care. Of course, Allison is hardly alone in feeling like the American Dream has been more difficult — and expensive — to attain than imagined. “The American dream is being taken away from the younger generation by the housing affordability challenges,” said Lawrence Yun, chief economist at the National Association of Realtors.
Persons: Hana Husković, Price, Hana, Michelle, they'll, ” Hana, , It’s, they’ll, ’ Allison Powell, Liam Kelly, ” Allison, Allison Powell, Corinne ., , Allison, I’ll, homebuyers, Lotfi Karoui, Goldman Sachs, Lawrence Yun, Yun, Priscilla Almodovar, Fannie Mae, ” Almodovar, that’s, Almodovar, they’d, Homebuilding, Mark Zandi, Biden, ” Lael Brainard, Brainard, ” Brainard, , Rachael Gambino, Garrett Mazzeo, Rachael, Deborah Brunswick, John General, ” Rachael, won’t, they’ve, Organizations: New, New York CNN, Bureau of Labor Statistics, Wall, CNN, Federal, Intercontinental Exchange, ICE, Bloomberg, Getty, Rust Belt, National Association of Realtors, North, NAR, That’s, Baby Boomers, Homeowners, Federal Reserve, Moody’s Analytics, White, National Economic Council, American, Target, Starbucks, Facebook Locations: New York, United States, Atlanta, Peachtree Corners , Georgia, Decatur, Decatur , Georgia, Carolina, Yugoslavia, Italy, Mexico, Oakland , California, Livermore, San Francisco, California, Los Angeles, San Diego, Francisco, Miami, Honolulu, Rust, Des Moines , Iowa, Dayton , Ohio, Cleveland , Ohio, Scranton , Pennsylvania, Los Angeles , California, North America, America, States, Lansdale , Pennsylvania, Philadelphia
KHAN YOUNIS, Gaza Strip (AP) — Israeli airstrikes pounded locations across the Gaza Strip early Thursday, including parts of the south that Israel had declared safe zones, heightening fears among more than 2 million Palestinians trapped in the territory that nowhere was safe. Hamas officials in Gaza blamed an Israeli airstrike, saying hundreds were killed. Airstrikes also hit three residential towers in al-Zahra, within the area that was told to evacuate, the Interior Ministry in Gaza said. Egypt must still repair the road across the border, which was cratered by Israeli airstrikes. He also announced $100 million in humanitarian aid for Palestinians in Gaza and the West Bank.
Persons: KHAN YOUNIS, Israel, Joe Biden, Khan Younis, Musa, Hiam Musa, Adel Hana, ” Hana, , Biden, , Khalid Zayed, Sameh Shoukry, Al, Benjamin Netanyahu’s, Israel “, ___ Nessman, Amy Teibel, Isabel Debre, Samy Magdy, Jack Jeffrey, Ashraf Sweilam Organizations: Israel, Islamic, Associated Press, Interior Ministry, Medical, Nasser Hospital, Homes, Gaza Health Ministry, West Bank, Palestinian Health Ministry, White, Crescent, Supplies, Biden, Gaza Locations: Gaza, Israel, Egypt, al, Ahli, Gaza City, U.N, Rafah, Egypt’s, Zahra, Deir, Lebanon, North Sinai, Jerusalem, Kullab, Baghdad, Cairo, el, Arish
Smoke rises over Huwara after Israeli settlers rampaged through the town, setting fire to homes, businesses and cars. Videos chronolocated at 8:25 p.m. show fire trucks and ambulances being stopped by Israeli soldiers at the roundabout leading to Huwara’s main street. Soon after, they returned with a group of Israeli soldiers in tow, Abdalmenem said. Israeli soldiers are now on permanent patrol of the town, periodically closing roads and forcing shops to shutter, according to residents, who said it is impacting their livelihoods. A man inspects the damage to a restaurant following a reported attack by Israeli settlers in Huwara on March 28.
Persons: , Herzi Halevi, , Bezalel Smotrich, Nawal Dumeidi, Eyal Warshavsky, Hillel Menachem Yaniv, Ya’acov, Hillel, Yagel, Ilia Yefimovich, Kfar Tapuach, FakeReporter, Limor Son, , Itamar Ben Gvir’s Otzma, Zvi Sukkot, Gil Cohen, Achiya Schatz, Huwara, Ronen Zvulun, ” Schatz, Hisham K, Abu Shaqra, Ziad Dumaidi, Dumaidi, Hana Abu Saris, Ronaldo Schemidt, ” Dumeidi, Sameh, Abdalmenem, Aqtash, Benjamin Netanyahu, Jaafar Ashtiyeh, won’t, Tzvi, Sukkot’s, Gabòr Friesen, Chris Osieck, ” Dumaidi, What’s Organizations: CNN, West Bank, Israel Defense Forces, IDF, Israel Border Police, Zionism, Magen, Getty, Reuters, Anadolu Agency, Palestine, Palestinian Civil Defense, Red Crescent Society, Israeli, United Nations, Twitter, Locations: Huwara, , Har Bracha, Nablus, Palestinian, Yitzhar, Samaria, ” Israel, Judea, Tapuach, Jerusalem, AFP, Israel, WhatsApp, , Dubai, Za’tara, Kfar Tapuach, West
Morphe Cosmetics, a makeup brand once synonymous with YouTube beauty culture, confirmed Thursday it was shutting down all its U.S. stores — a move that shocked its employees, outraged customers and left some experts questioning the brand’s future. Morphe employees sounded alarm for weeksSome of Morphe's retail employees said it was shocking that the company had laid them off so abruptly — with several employees telling NBC News that they received a day’s notice before losing their jobs. TikToks under the hashtag #justiceformorpheretailemployees have received more than 7.5 million views, although some viral videos about the store closures have been deleted. As of Friday, Morphe employees who spoke with NBC News said they hadn’t received their severance packets yet. The store closures indicate that sales were continuing to flail, Ben-Shabat said.
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