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☆ Why Tesla isn’t unionized
▼ + stars: | 2023-10-12 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +8 min

Tesla workers earn on average about $55 an hour in wages and benefits, compared to $66 to $71 an hour at Detroit’s Big Three, according to industry estimates. In an aerial view, brand new Tesla cars sit in a parking lot at the Tesla factory on October 19, 2022 in Fremont, California. Brendan McDermid/ReutersThe union, Tesla Workers United, filed an NLRB complaint alleging the company illegally fired its supporters. Tesla is one of the most valuable companies in the world, and some production workers have become millionaires from their shares in Tesla, Musk has said. A Tesla Model X is worked on a factory line with Tesla X's and Tesla S's at the Tesla factory on Wednesday, July 18, 2018 in Fremont, Calif. Lea Suzuki/The San Francisco Chronicle/Getty Images“Tesla tries to make it seem like if you’re unionized you’re not going to get stock,” said Bryan Schwartz, a lawyer who has represented Tesla employees in lawsuits against the company, including an ongoing class action lawsuit for racial discrimination.

Persons: New York CNN — Tesla, Tesla, ”, John Logan, Justin Sullivan, Elon Musk, ” Logan, “, Risa Lieberwitz, Lieberwitz, Brendan McDermid, ” Lieberwitz, Musk, “ Musk, Lea Suzuki, “ Tesla, you’re, Bryan Schwartz, Mike Miller, Miller, Shawn Fain, Alain Jocard, Paul Sancya, Elon, ” Fain Organizations: New, New York CNN, United Auto Workers, Ford, General Motors, Tesla, UAW, EV, UAW doesn’t, San Francisco State University, Getty, Workers, Cornell University School of Industrial and Labor Relations, National Labor Relations Board, Companies, Employers, National Labor Relations Act, “, NLRB, Tesla Inc, Panasonic, Tesla Workers United, SpaceX, San Francisco Chronicle, “ Workers, AP, Detroit automakers, CBS Locations: New York, United States, Detroit, Fremont , California, America, unionize, Austin , Texas, Sparks , Nevada, Buffalo , New York, Buffalo, U.S, Tesla, Fremont , Calif, AFP

☆ Student loan payments are back. Here’s where some Americans are trimming their budgets
▼ + stars: | 2023-10-11 | by ( Alicia Wallace | ) edition.cnn.com time to read: +14 min

Student debt relief activists participate in a rally at the US Supreme Court on June 30, 2023 in Washington, DC. “Of course, the lowest-earning households still collectively owe around $7 billion a year in student loan repayments. After the Supreme Court dashed any hopes of loan forgiveness, more Americans started making loan payments before the official repayment period, as well as interest, kicked in. “It’s just all the supplemental spending, a lot of that will disappear so that we can make room for the [student loan] payments,” he said. Jonnisha McCleod was able to wipe out $12,000 of her student loan debt.

Persons: Minneapolis CNN —, they’re, ”, Justine Lyons, “, pesky, Lyons, — Lyons, Robin Nathan “ It’s, you’ve, it’s, Kevin Dietsch, Emerson Sprick, Biden, Sprick, Shannon Seery, Wells, ” Seery, Nancy Vanden Houten, Brian Snyder, Snyder, “ It’s, Megan Lopez, ” Lopez, you’re, Logan Ricketts, Jamie, they’ve, ” Logan, Jonnisha, ” McCleod, ’, McCleod, Jonnisha McCleod, I’m, “ I’m, Katrice Williams, Williams couldn’t, Edna Monroy “, Williams Organizations: Minneapolis CNN, National Student, Federal Reserve Bank of New, US, Biden, New York Fed, Coalition, Department of Education, Education Department, CNN, Oxford, Oxford Economics, SAVE, Cleveland State University College of Law, Trump Locations: Minneapolis, Decatur , Georgia, States, Federal Reserve Bank of New York, Washington , DC, Wells Fargo, Baltimore , Maryland, Las Vegas, Cedar Park , Texas, Omaha , Nebraska, undergrad, Cleveland , Ohio

☆ Public pools are disappearing across America
▼ + stars: | 2023-07-22 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +12 min

Yet just as public pools become more important than ever, they’re disappearing from sight. Today, the city has five public pools for a population of around 640,000, ranking 89 out of the largest 100 cities in swimming pools per person, according to Trust for Public Land, an advocacy organization for public parks and land. Private pools, like these in Southern California, have replaced public pools in recent decades. When America built poolsWhile public pools are a rarer sight today, governments built enormous pools during the twentieth century. Hannah Beier/ReutersBut the loss of public pools cannot be picked up fully by private pools or non-profit groups.

Persons: Gerome Sutton, ”, Sutton, ” Sutton, Matt Stone, won’t, Tammy Hawkins, We’ve, Andrew Kahrl, “ We’ve, ” Kahrl, Mario Tama, Jeff Wiltse, Robert Moses, ” Wiltse, Victoria Wolcott, Louis, Walcott, Whites, Martin Luther King Jr, ’, Funtown, suburbanites, John Cornell, Wolcott, Kahrl, Kevin Roth, It’s, Hannah Beier, LaShandra Logan, “, ” Logan Organizations: New, New York CNN, National Weather Service, YMCA, Public, Courier, USA, Aqua, Louisville, University of Virginia, National Recreation and Park Association, University of Montana, ”, Hulton, York, federal, Project Administration, San, University at Buffalo, ” Police, D.C, Kerner Commission, The Old, The Old Westbury Country Club, Newsday, Getty, Whites, Recreation and Park Association, Reuters Locations: New York, Louisville , Kentucky, Algonquin, Louisville, West Louisville, Cypress St, America, Southern California, America —, “, New York City, San Francisco, St, Louis, Baltimore, Washington, Los Angeles, Cincinnati, Augustine , Florida, White suburbs, The, The Old Westbury, Mississippi, Cleveland, California, Parks

☆ Fed's Logan says more rate hikes needed amid unexpected economic strength
▼ + stars: | 2023-07-06 | by ( Michael S. Derby | ) www.reuters.com time to read: +4 min

Logan is a voting member of the rate-setting Federal Open Market Committee this year. Officials were still worried about inflation and flagged a still strong job market, while a minority of policymakers expressed interest in raising rates at the June meeting. Logan also said that she doesn’t see anything tied to the Fed’s balance sheet drawdown affecting the Fed’s rate choices right now, and said the Treasury’s work to rebuild its cash account is unlikely to hit bank reserves, with the cash instead drawn from the Fed's reverse repo facility. Logan said after her formal remarks that she was surprised markets expect a sooner end to the balance sheet drawdown than she bets is likely. Reporting by Michael S. Derby Editing by Nick ZieminskiOur Standards: The Thomson Reuters Trust Principles.

Persons: Lorie Logan, ’, ” Logan, ”, Logan, Jerome Powell, John Williams, it’s, “, Michael S, Nick Zieminski Organizations: YORK, Federal Reserve Bank, Dallas, Columbia University, , New York Fed, Fed, Thomson Locations: ,

☆ What It’s Like to Be a Queer Teenager in America Today
▼ + stars: | 2023-06-03 | by ( ) www.nytimes.com time to read: +16 min

teenagers, high school is a much more accepting place than even a decade ago. Their experiences highlight a “paradoxical finding,” as researchers have described it: Even as social inclusion for young L.G.B.T.Q. To better understand, we took a national poll and talked to two dozen high school students in five states. It’s a different world from when his older sister, Brianna Henderson, attended just seven years ago, when there were very few openly gay students. His home state has passed laws related to restroom use and sports participation for young transgender people.

Persons: ”, Reese Whisnant, They’re, Stephen T, Russell, It’s, Brianna Henderson, Reese Whisnant Barrett Emke, Henderson, Reese, shouldn’t, Gen, Jareth Leiker, Jareth, Ricardo Nagaoka, “, ” Jerry Strohecker, it’s, ” Adrian Soriano, Kansas Barrett Emke, “ Will, Grace ”, Jason Collins, Caitlyn Jenner, Kardashian, Matthew Rivas, Younger, nonbinary, “ You’re, Jeff Jones, “ It’s, I’m, ’ ”, Athena Stiles, Athena Stiles Barrett Emke, I’ve, Shaggy Sargent, Willow Menashe, Eleanor Woosley, Mr, Rivas, Koehl, GLSEN, ” Logan Hortenstine, ” Jayden, Florida Ricardo Nagaoka, ” Isaac Siegel, Wilson, Shelley L, Craig, “ They’re Organizations: Topeka, Republican, University of Texas, Austin, ”, The New York Times, Gallup, United States, Supreme, North, University of Illinois, New York Times, Social Survey, Topeka High, ” Pew Research Center, Centers for Disease Control, Research, American Academy of Pediatrics, American Medical Association, University of Toronto Locations: Topeka High, Kansas, Florida , Kansas, Iowa, Oregon, United, Portland ,, ” Jerry Strohecker , Oregon, Cape Coral, Fla, Shaggy Sargent , Iowa, Willow Menashe , Oregon, Southern, West, United States, Europe, ” Logan Hortenstine , Kansas, ” Jayden D’Onofrio, Florida, Portland, Wilson , Oregon, Canada, Beeville , Texas, ”

☆ The Florida Man of Formula 1
▼ + stars: | 2023-05-13 | by ( Michael M. Grynbaum | ) www.nytimes.com time to read: +1 min

‘I just want to get back in the gym.’Before his tough Miami weekend, Mr. Sargeant was asked how he would celebrate a top 10 finish. “That’s all I want to do.”For a wealthy, handsome, globe-trotting athlete, Mr. Sargeant can be soft-spoken and endearingly self-conscious. Mr. Sargeant was 6 when he and his brother Dalton got a kart from their parents for Christmas. “We just picked it up as a hobby, something to do on the weekend.” He began winning junior races around the country — too easily. “I get away from a race weekend, and I just want to get back in the gym,” he said.

☆ Opinion: Why Biden is lying low ahead of 2024
▼ + stars: | 2023-04-14 | by ( Julian Zelizer | ) edition.cnn.com time to read: +6 min

Editor’s Note: Julian Zelizer, a CNN political analyst, is a professor of history and public affairs at Princeton University. But when the ensuing conversation doesn’t go his way, he unleashes on them, declaring, “You are not serious figures. I love you, but you are not serious people.”The line is powerful — and may just capture the way President Joe Biden and Vice President Kamala Harris are approaching the declared and expected GOP candidates ahead of the 2024 campaign. Among the GOP candidates, former President Donald Trump was the first to announce his campaign five months ago. Biden might be boring and fly under the radar much of the time, but that is the image of normality that helped him win in 2020.

☆ Fed's Logan says financial system vulnerable to bond market stress
▼ + stars: | 2023-03-03 | by ( Michael S. Derby | ) www.reuters.com time to read: +3 min

Logan, who holds a vote on this year’s Federal Open Market Committee monetary policy meetings, did not comment on the outlook for monetary policy and the economy in her prepared remarks. Before joining the Dallas Fed last year as its leader, Logan was a key official at the New York Fed designing and implementing the monetary policy directives of the FOMC. Those increases coupled with the Fed’s ongoing efforts to shed bonds to reduce its market footprint, have raised questions about what authorities might do to support markets in the future. A paper this week from the New York Fed said the official sector needs to move toward finding a more formalized approach to providing support. Logan said authorities are continuing to work on methods to formalize how they might intervene and to shore up underlying market strength.

☆ Fed policymakers call for further rate hikes to beat inflation
▼ + stars: | 2023-01-18 | by ( Howard Schneider | Lindsay Dunsmuir | ) www.reuters.com time to read: +5 min

(Reuters) -Federal Reserve policymakers on Wednesday signaled they will push on with more interest rate hikes, with several supporting a top policy rate of at least 5% even as inflation shows signs of having peaked and economic activity is slowing. REUTERS/Jason Reed“I just think we need to keep going, and we’ll discuss at the meeting how much to do,” Cleveland Fed President Loretta Mester said in an interview with the Associated Press. The remarks appeared to reflect a widely shared view among her fellow policymakers, most of whom as of December had penciled in a 5.00%-5.25% policy rate in coming months. Mester said that for her part she expects the Fed’s policy rate to need to go “a bit higher” than that, and stay there for some time to further slow inflation. Dallas Fed President Lorie Logan also supports a slower rate hike pace ahead because of the uncertain outlook and the need to be flexible.

☆ 'Succession' Season 4 teaser trailer promises more Roy drama
▼ + stars: | 2022-10-24 | by ( Marianne Garvey | ) edition.cnn.com time to read: +1 min

CNN —A new teaser trailer for the fourth season of “Succession” is short but delivers the drama. It also confirms when viewers can expect to see the new season of the HBO show. The teaser aired during the “House of the Dragon” Season 1 finale and had spring 2023 on the closing title card. New episodes of “Succession” will follow the Season 3 finale, which saw Logan Roy selling Waystar Royco with his kids unable to stop him. Elsewhere, we see battle lines drawn as other members of the Roy family and their allies deal with the fallout of Logan’s decisions.

☆ Romance novel model pleads guilty to dragging officer down Capitol steps on Jan. 6
▼ + stars: | 2022-09-28 | by ( Ryan J. Reilly | Ryan J. Reilly Is A Justice Reporter For Nbc News. | ) www.nbcnews.com time to read: +4 min

Barnhart pleaded guilty on Wednesday to assaulting, resisting, or impeding certain officers using a dangerous weapon before U.S. District Judge Emmet G. Sullivan. “Are you pleading guilty because you are guilty?” Sullivan asked during the virtual hearing. Logan Barnhart at the Capitol on Jan. 6, 2021. Internet sleuths investigating the Jan. 6 Capitol attack identified Barnhart with the help of facial recognition technology. To confirm the match, the sleuths said they were able to find Instagram posts showing Barnhart wearing the same sweatshirt and hat that he wore on Jan. 6.

☆ Tesla’s ‘full self-driving’ isn’t worth $15,000, say many who bought it
▼ + stars: | 2022-09-07 | by ( Matt Mcfarland | ) edition.cnn.com time to read: +8 min

Washington, DC CNN —Tesla’s price for the feature it calls “full self-driving” has increased again. CNN Business spoke with 13 people who have cars with the “full self-driving” beta and the overwhelming majority, 11 people, said they felt it wasn’t worth $15,000. Moody said he expects consumers to pay for the monthly subscription of “full self-driving” rather than pay $15,000 for the promise of the feature’s future potential. Burke spoke with CNN Business during a multi-month road trip around the United States. Burke said that if he was in the market again for a Tesla, the $15,000 price for “full self-driving” would be worth it to him.

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