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It's likely to further appreciate due to a lack of progress in narrowing the deficit, Tentarelli said. Historically, gold prices have been inversely correlated with real bond yields, meaning when yields decline, gold should rally further. "Even if there's no rate cuts, I like gold based on the macro of deficit spending," the Merrill Lynch alum said. In that event, investors will want to hold the SPDR Gold Shares (GLD) ETF, Tentarelli said. But, for most, the "smartest way" to play gold is through the ETF, Tentarelli said.
Persons: Larry Tentarelli, Tentarelli, Merrill Lynch Organizations: Federal Reserve, Costco, Treasury, @HG, Copper Miners Locations: yawning, Freeport, McMoRan, Monday's
Former President Donald J. Trump and the Republican National Committee collected a combined $141 million in May, campaign officials said on Monday, an enormous haul fueled in part by his criminal conviction last week. That sum should help Mr. Trump continue his quest to close his yawning financial gap with President Biden and his own allied groups. The $141 million figure matches what Mr. Biden and the Democratic Party raised in March and April combined. The fund-raising was powered by what Lara Trump, the Republican National Committee co-chairwoman and the former president’s daughter-in-law, said on Sunday was $70 million raised by Mr. Trump and the R.N.C. in the 48 hours after Mr. Trump’s conviction.
Persons: Donald J, Trump, Biden, Mr, Trump’s, Lara Trump Organizations: Republican National Committee, Democratic Party, Mr
Even the roads are buckling, cracking and collapsing, as if in a slow-motion earthquake. And outside a small town called Batagay, deep in the Siberian hinterland, a crater is rapidly opening up — known to locals as the gateway to the underworld. Already more than half a mile deep and about 3,000 feet wide, the Batagaika crater is growing as the ground beneath it melts. The land is belching up the past and swallowing the present — creating a yawning hole even more dizzying than the huge open-pit mines that already scar the Siberian landscape. In Alaska houses in rural villages are sinking into the ground as the shoreline falls into the sea.
Locations: Russia, Batagay, Canada, China, Tibetan, Alaska
The protest vote against Mr. Biden there was nearly double that against Mr. Trump, who won about 85 percent of the vote in the Republican primary. Turnout also plunged in the Democratic primary, with about 184,000 votes tallied, compared with the more than 537,000 recorded in 2020. In neighboring Washington State, the uncommitted ballot option got nearly 10 percent of the vote in the Democratic primary in late March. Image Fani Willis, the Fulton County district attorney, celebrated her re-election win in the Democratic primary on Tuesday in Atlanta. The Democratic primary for district attorney in Fulton County, Ga., ended in a remarkable blowout.
Persons: Vince Fong, Kevin McCarthy, Fong, McCarthy, — Mike Boudreaux, Biden, Donald J, Mr, Trump, Fani Willis, Brynn Anderson, Willis, Christian Wise Smith, Scott McAfee, Trump’s, Judge McAfee, McAfee’s, Jamie McLeod, Skinner, Janelle Bynum, Ms, Bynum, Tina Kotek, Lori Chavez, DeRemer, Mike Schmidt, Nathan Vasquez, Vasquez, Schmidt, Schmidt’s Organizations: Republican, Trump, Democratic, Mr, Associated, Georgia, Oregon’s Fifth Congressional Locations: California, Tulare County, Georgia , Idaho , Kentucky, Oregon, Kentucky, In Oregon, Gaza, Washington State, Fulton County, Atlanta ., Georgia, Fulton County ,, Multnomah County, Portland
FCC is considering AI rules for political ads
  + stars: | 2024-05-22 | by ( Brian Fung | ) edition.cnn.com   time to read: +3 min
Washington CNN —The Federal Communications Commission is taking initial steps toward new rules that could require political ads on TV and radio to include disclaimers about the use of artificial intelligence. Under the proposed rules, political advertisers on those mediums would have to make on-air disclosures if their ads contain AI-generated content. The FCC move seeks to fill a yawning gap in the regulation of artificial intelligence in political advertising. In March, a bipartisan proposal by Minnesota Democratic Sen. Amy Klobuchar and Alaska Republican Sen. Lisa Murkowski unveiled the AI Transparency in Elections Act, which could require AI disclaimers on political ads. Online platforms such as Meta have taken their own steps to address AI in political ads, requiring campaigns to disclose the use of deepfakes and banning the use of its in-house generative AI tools for political advertising.
Persons: Jessica Rosenworcel, ” Rosenworcel, I’ve, , , Minnesota Democratic Sen, Amy Klobuchar, Alaska Republican Sen, Lisa Murkowski, Chuck Schumer Organizations: Washington CNN, Federal Communications Commission, , FCC, Federal, FEC, Minnesota Democratic, Alaska Republican, Meta Locations: Alaska, New York
London CNN —The chorus of voices warning about the dangers of record US government debt is growing louder. In the past 24 hours, JPMorgan (JPM) CEO Jamie Dimon and Ray Dalio, founder of the world’s biggest hedge fund, have weighed in with concerns about America’s debt pile. Ray Dalio, the billionaire founder of Bridgewater Associates, during a Bloomberg Television interview in New York in April 2024. Dimon acknowledged that debt-fueled government spending, including pandemic stimulus, had been one of the reasons behind robust growth in the world’s biggest economy. Debt servicing costs have also soared, on the back of higher official interest rates, leaving less money for public services.
Persons: Jamie Dimon, Ray Dalio, Dimon, you’ll, Dalio, I’m, , Victor J, we’ve, ” Dimon, Liz Truss Organizations: London CNN, JPMorgan, Sky News, Treasury, Financial Times, International Monetary Fund, Congressional, Office, Bridgewater Associates, Bloomberg Television, Bloomberg, Getty, Treasury Department, IMF, US, Federal Locations: Russia, New York, America, Covid, United, United Kingdom
Dollar nurses losses after another set of soft jobs data
  + stars: | 2024-05-10 | by ( ) www.cnbc.com   time to read: +4 min
Against the Japanese yen, the dollar was trading at 155.39 yen , down from highs of 155.95 hit in the previous session. The dollar index , which measures the greenback against a basket of currencies including the yen and the euro, was flat at 105.25. "We note jobless claims are weekly data that can be very volatile from week to week," Commonwealth Bank of Australia's Joseph Capurso, said in a note. "The BoE's urgency and willingness to cut ahead of the Fed will continue to weigh on the currency," Goh said. Being added to the list makes it harder for U.S. suppliers to ship to the targeted entities.
Persons: Commonwealth Bank of Australia's Joseph Capurso, Shunichi Suzuki, Rong Ren Goh, Sterling, BoE, Goh Organizations: U.S, Federal Reserve, dovish Bank of England, Commonwealth Bank of Australia's, Tokyo, Japan's Finance, Eastspring Investments, Bank of England, Monetary, Committee, Fed, Treasury, Traders, PPI, Federal Locations: U.S, United States
When voters in England and Wales go to the polls on Thursday to elect mayors and local council members, the outcome will inevitably be seen as a barometer for Britain’s coming general election. Given the sour public mood and the Conservative Party’s dire poll ratings, the storm clouds are already forming. The big question is not whether the governing Conservatives will lose seats — that is a foregone conclusion among pollsters — but whether the losses will exceed or fall short of expectations after 18 months in which the Tories have consistently trailed the opposition Labour Party by yawning margins. “If a party has been 20 points behind the opposition for 18 months, how much worse can it get?” said Tony Travers, a professor of politics at the London School of Economics. “The losses would have to be very, very bad for it to be viewed as a negative result for the Conservatives, and they are unlikely to be good enough for Labour for it to be viewed as a success.”
Persons: pollsters, , Tony Travers Organizations: Wales, Conservative, Conservatives, Tories, Labour Party, London School of Economics, Labour Locations: England
An attendant holds a sample of newly-designed Japanese 10,000 yen banknote, with three-dimensional holographic technology to prevent forgery, for a photograph at the National Printing Bureau Tokyo plant in Tokyo, Japan, on Wednesday, June 28, 2023. The yen gave up ground in early trade on Thursday, reversing direction after a sudden surge against the dollar overnight that traders and analysts were quick to attribute to intervention by Japanese authorities. The dollar was 0.9% higher at 155.98 yen as of 0100 GMT, retracing about half of its late Wednesday surge from around 157.55 to exactly 153 over a period of about 30 minutes. "The 'sneak attack' element really is the MOF (Japan's Ministry of Finance) looking to punish speculators and send a warning about shorting the yen." That helped lift the dollar to a 34-year peak of 160.245 yen on Monday and also spurred a sharp reversal which official data suggested was due to Japanese intervention totalling about $35 billion.
Persons: Jerome Powell, Masato Kanda, Kyle Rodda, Sterling, Powell, Jack Mclntyre Organizations: National Printing Bureau, Federal Reserve, Reuters, Capital.com, Japan's Ministry of Finance, Bank of Japan, Brandywine Locations: National Printing Bureau Tokyo, Tokyo, Japan, U.S, Melbourne
That exceeds the margin of 81,660 votes by which Mr. Biden won the state in the 2020 election. Tomorrow, Mr. Biden will head to Syracuse, N.Y., for a White House event, while Mr. Trump will head back to court. It remains unclear whether his decision to bypass any reconciliation with Ms. Haley will matter as November approaches. Mr. McCormick won an unopposed Republican primary for Senate in Pennsylvania, pitting him against Mr. Casey, the Democratic incumbent. Mr. Trump helped sink Mr. McCormick’s first run when he backed a rival candidate, the celebrity physician Dr. Mehmet Oz.
Persons: Biden, Donald J, Trump, Nikki Haley, Trump’s, Mr, Kamala Harris, Drew Barrymore, David McCormick, Bob Casey, Summer Lee, ‘ Scranton Joe ’ Biden, Haley holdouts, Dean Phillips, Haley, Lee, Bhavini Patel, Lee’s, Alexandria Ocasio, Cortez, Jeff Swensen, McCormick, Casey, McCormick’s, Mehmet Oz, Dr, Oz, Oz eked Organizations: Republican, North, Unions, Democratic, South, Credit, The New York, Trump, Senate, Mr Locations: Manhattan, New York, Syracuse, N.Y, Pennsylvania, Gaza, Scranton, Pa, South Carolina, G.O.P, Wisconsin , Rhode Island , Connecticut, Michigan, Pittsburgh, Cortez of New York, Israel
In this week’s mammoth New York trial of former President Donald Trump on charges of falsifying business records in connection to hush money paid to an adult film star, the yawning gap between “Us” and “Them” is along partisan lines. After all, making hush money payments, as Trump is alleged to have done with former adult film actress Stormy Daniels, isn’t illegal. For decades, Trump has been a fixture on our airwaves, social media sites and political coverage. But they didn’t, and now many are feeling a rally-round-the-flag effect in what is likely the first and potentially only Trump criminal case that’s going to trial before Election Day. Bragg’s decision to bring this case, with its attenuated connection to an actual crime, can’t be taken out of its political context.
Persons: Patrick T, Brown, CNN —, Tom Wolfe, Larry Kramer, ” Patrick T, Donald Trump, , Trump, , Attorney Alvin Bragg, it’s, Stormy Daniels, ” Michael Cohen, Daniels, Bragg, Cohen, Andrew McCarthy, can’t, maneuverings Organizations: Public Policy Center, Economic, Twitter, CNN, Manhattan, Attorney, New York Democrats, New York Times, Commission, Trump Locations: Washington , DC, New York City, York, , New, New York, Georgia
President Biden and former President Donald J. Trump won overwhelming victories in state primaries on Tuesday, while a small but significant protest vote in both parties continued to assert itself against each candidate. Mr. Biden and Mr. Trump, who have already clinched their nominations, scored yawning leads in primaries in Connecticut, New York, Rhode Island and Wisconsin, with the races called shortly after polls closed in each state. Mr. Trump held at least 75 percent of the vote in every state as of 11 p.m. Mr. Trump was weakest in Connecticut, where he notched under 78 percent of the vote, while Ms. Haley took about 14 percent. Mr. Biden held at least 80 percent of the vote in every primary as of 11 p.m.
Persons: Biden, Donald J, Trump, Mr, yawning, Nikki Haley, Trump’s, Haley Organizations: Republican Party, Democratic Locations: Connecticut , New York, Rhode Island and Wisconsin, Connecticut, Gaza, Rhode Island
Exit polls are a valuable tool to help understand primary voters’ demographic profile and political views. The share of Republican primary voters and caucusgoers holding these views about Trump’s fitness for office and the 2020 election varies from state to state, even as the dominant sentiment remains largely the same. Exit poll data this year finds GOP primary voters divided in their desired approach to abortion policy in a post-Roe v. Wade era. Trump has also racked up support among those primary voters who are the most acutely unhappy with the way things are going in the US. Exit polls for the Iowa Republican caucuses and the New Hampshire, South Carolina, North Carolina, Virginia and California Republican presidential primaries were conducted by Edison Research on behalf of the National Election Pool.
Persons: Donald Trump’s, they’d, Joe Biden’s, Nikki Haley, Biden’s, Haley, Trump, , California –, MAGA, Wade, Biden Organizations: CNN —, GOP, Trump, South Carolina Gov, Republican, New Hampshire Republican, Election, Iowa GOP, Voters, Iowa Republican, California Republican, Edison Research, New, South Carolina Republican, North Carolina Republican, Virginia Republican Locations: – Iowa, New Hampshire, South Carolina, North Carolina, Virginia, California, Super, Iowa, New, California , Virginia
The Black homeownership rate saw a modest annual uptick to 44.1% in 2022 from 44% in 2021, but remains significantly behind the White homeownership rate of 72%, the report found. A stubborn racial homeownership gapEven with some improvement in the Black homeownership rate, the change has done little to close the yawning gap between Black and White homeownership. Over the past decade, the gap between the two groups’ homeownership rates has worsened, expanding from 27 points to 28 points. Other states with high Black homeownership rates include South Carolina and Delaware, each at 55%. Plus, the median household income for Black Americans was $47,800 in 2022, while the median income for White Americans was $75,700.
Persons: Sharan White, Jenkins, , , ” White, Black, homeownership, Jessica Lautz, Black homebuyers, ” Lautz Organizations: DC CNN, National Association of Realtors, American, Survey, Census Bureau, NAR, Joint Center for Housing Studies of Harvard University, Black, White Locations: Washington, Jamaica, Queens, New York City, Virginia, Brooklyn, Queens , New York, Wyoming, North Dakota, Mississippi, Black, South Carolina, Delaware
There's a misconception that only mothers suffer from empty nest syndrome, but I learned dads get the leaving-for-college blues, too. AdvertisementBut when they both head off to college over the next two years, I will struggle with loneliness in their absence. AdvertisementI'd even considered moving close to my daughter’s campusWhen most down and lonely, I thought about moving close to Milaan’s campus. AdvertisementNow, with my mother elderly and widowed, I've spent more time with her than I have in years. "I'd love to spend time with you in England during the summer," Milaan enthused when I mentioned my plans.
Persons: , Milaan, she'd, I'd, I’m, That’s, they're, Sumeeta, , haven't, they'd, I've, You've Organizations: Service, Business, Pew Research Center, Heathrow Airport Locations: Samara, England, Indian, Milaan’s, America, New York
It turns out the Robinhood crowd was onto something when they piled into the stock market during the pandemic. As of 2019, people under 40 held 4.9% of total US wealth even though they’re 37% of the population. People over 54, who make up a similar share of the population, held 71.6% of total wealth. Nearing the end of 2023, under-40s controlled 6.7% of total wealth, while those over 54 had 72.8%. Now, the challenge is to try to keep at it, get some more luck in the stock market and, God willing, their own homes.
Persons: , Young, Millennials, Zers, they’re, , Nick Colas, , Colas, Ernst & Young, It’s, millennials, Emily Stewart Organizations: Federal Reserve Bank of New, New York Fed, DataTrek, Ernst &, Bloomberg, Business Locations: Federal Reserve Bank of New York, America
I spent a Valentine's Day in an active coal mine. The relationship only lasted months, but that is still one of my most memorable Valentine's Day. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIt was Valentine's Day, and I was taking a zipline into hell. Or rather, I was suspended from a swinging bicycle seat, descending into an active coal mine.
Persons: , We'd, I'd, Jay, stupidly Organizations: Service Locations: India, parasailing,
Here are some of the best islands in Europe for getting away from almost everyone:Schiermonnikoog, the NetherlandsThe Netherlands is better known for canals, dikes and tropical Dutch Caribbean Islands like Bonaire and Curaçao than the sandspun isles along the country’s North Sea coast. Flores Island, Azores, PortugalWaterfalls trickle down an imposing rock face on the island Flores in the Azores. aroxopt/Adobe StockOne of the most remote islands in an already remote archipelago, Flores Island in the westernmost stretches of the Azores is a nature lover’s dream. To say there’s room to stretch out and breathe on these Baltic Sea islands is an understatement. The best islands in Europe for getting away from almost everyoneHavsVidden offers a secluded escape on northern Fasta Åland with villas with their own saunas overlooking the rocky shoreline.
Persons: Annemarieke Romeijn, , Eyrún, Gabriela Silva, Flores, Rocha dos Bordões, Santa Cruz das Flores, Randi Skaug, , Torunn Tronsvang, Richard Kellett, Luis Fonseca, iStockphoto, São João Baptista, Berlengas, Arlindo Serrao, Mola mola, Francesco Curione, Lent, Skyros, revelry, – it’s, Drake, Åland Organizations: CNN, Adobe, Heimaey, puffin, Norway Visitors, Intrepid, UNESCO, Visitors Locations: Europe, Ibiza, Netherlands, Caribbean, Bonaire, Curaçao, West Frisian, Wadden, Schier, Lauwersoog, Vestmannaeyjar, Iceland, Heimaey, Westman, Hotel Ranga, gannet, fulmar, Flores Island, Azores, Portugal, Flores, Santa Cruz, Naustholmen, Norway, Bodø, Northern Norway, Norwegian, Lofoten, , Tiree, Scotland, Hawaii, Scottish, Oban, Glasgow, Loganair, Berlengas, Peniche, São, Grande, Alicudi, Sicily, Italy, Taormina, Skyros, Greece, Mykonos, Rathlin, Northern Ireland, Ballycastle, Åland, Finland, Bothnia, Sweden
Tensions With Iran Add to Pakistan's Economic Challenges
  + stars: | 2024-01-18 | by ( Jan. | At A.M. | ) www.usnews.com   time to read: +3 min
Pakistan conducted strikes inside Iran, targeting separatist Baloch militants two days after Tehran said it had attacked the bases of another group within Pakistani territory. It is undergoing a tough $3 billion International Monetary Fund (IMF) bailout programme that pulled it from the brink of default last summer. Pakistan's international bonds fell after its foreign ministry said it conducted strikes inside Iran on Thursday, two days after Tehran attacked the bases of another group within Pakistani territory. Earlier in the day, Pakistan's benchmark share index fell 1.6% after Pakistan said it conducted strikes inside Iran, before recovering some ground. Pakistan's economic ties with Iran, while not huge, are important for Islamabad as it struggles to supply its western- most regions in Balochistan with critical commodities, including fuel and electricity.
Persons: Aneel Salman, Salman, Pakistan's, Hasnain Malik, Ariba Shahid, Karin Strohecker, Amanda Cooper, Bernadette Baum Organizations: Baloch, Monetary Fund, Liquified Petroleum Gas, Islamabad Policy Research Institute, Pipeline Locations: KARACHI, LONDON, Pakistan, Iran, Tehran, Tradeweb, Islamabad, Balochistan, Afghanistan, Russia, India, Karachi, London
DAVOS, Switzerland (AP) — The Earth is heating up, as is conflict in the Middle East. They'll be among more than 2,800 attendees, which also include academics, artists and international organization leaders. OpenAI chief Sam Altman will be in Davos along with top executives from Microsoft, which helped bankroll his company's rise. TRYING AGAIN TO SAVE THE PLANETOf all the lofty hopes in Davos, the perennial one of late has been the search for creative and promising ways to fight climate change. “Davos is a powerful combination potentially, of a lot of concern about the environment, and a lot of high-powered finance present,” she said.
Persons: Isaac Herzog, Volodymyr Zelenskyy, They'll, Bronwen Maddox, Israel's, Herzog, Benjamin Netanyahu's, , Sam Altman, Vladimir Putin, Li Qiang, Ursula von der Leyen, Joe Biden's, Jake Sullivan, Emmanuel Macron, Antony Blinken, Javier Milei, Donald Trump —, Biden, John Kerry, Chatham House's Maddox Organizations: Young Swiss Socialists, Chatham House, Intelligence, Microsoft, European Commission, Chatham, Locations: DAVOS, Switzerland, Russia, Davos, Chatham, Gaza, Yemen, Qatar, Jordan, Lebanon, China, U.S, Dubai, “ Davos
Why America hates its children
  + stars: | 2024-01-07 | by ( Lydia Kiesling | ) www.businessinsider.com   time to read: +17 min
Time and again, I was struck by a public attitude toward children I seldom encountered in America: unequivocal support. In America, we socialize our children to see strangers not as helpers but as threats. Virtually every other industrialized nation provides more government aid for their children than America does. Children who are neglected — a loose term inextricably tied to poverty — are thrown into a foster-care system known for its propensity to harm children. From the tumult of the pandemic, the calls for America to care more for its children are getting louder.
Persons: George Washington, Jesse Zhang, Charlie Shepherd, Shepherd, Richard Nixon, Nixon, Franklin Roosevelt, leery, unironically, Sen, Joe Manchin, Serabi Medina, Serabi, Sandy, , Lydia Kiesling Organizations: United Nations, hasn't, UN, Senate, National Government, Social Security, Jet, Centers for Disease Control, Business, Child Protective Services, Pediatrics, Black Panthers, National Domestic Workers Alliance, State, Mobility, New York Times Magazine, New Yorker Locations: Greece, America, Sweden, Oregon, Idaho, Athens, Chicago, Sandy Hook , Connecticut, Uvalde , Texas, Portland , Oregon, New Mexico
On Monday, Prince Abdulaziz bin Salman, energy minister and the key climate negotiator, for the kingdom, was a no-show at the Saudi Green Initiative. "The climate finance that they have pledged at this COP28 is simply not enough," said Pakistani activist Zaigham Abbas, whose country was devastated last year by widespread flooding. Elsewhere, France and Japan said they would support a move by the African Development Bank to leverage IMF Special Drawing Rights for climate and development. This year also features the biggest-ever representation of business at the annual U.N. summit, amid hopes for more private investment toward climate causes. "The scale of the climate crisis demands urgent and game-changing solutions from every industry," COP28 President Ahmed Al-Jaber said.
Persons: COP28, Johanna Geron, Prince Abdulaziz bin Salman, Crown Prince Mohammad bin Salman, Nicholas Stern, Mia Mottley, Antonio Guterres, Zaigham Abbas, Abu Dhabi, Ahmed Al, Jaber, Simon Jessop, Maha El, Al Sayegh, Alexander Cornwell, Elizabeth Piper, David Stanway, Katy Daigle Organizations: of, European Union, REUTERS, Companies, Saudi, United, United Arab Emirates, Saudi Green Initiative, Crown, Grantham Research, Asian Peoples ' Movement, Development, African Development Bank, European Bank for Reconstruction, Copenhagen Infrastructure Partners, BlackRock, HSBC, Finance, Reuters, Thomson Locations: Dubai, Brussels, Belgium, Companies UAE, DUBAI, COP28, United Arab, Saudi Arabia, Sharm el, Sheikh, Egypt, Paris, China, Grantham, Barbados, France, Japan, Copenhagen, Abu
Moody's lowered its outlook for the US's credit rating to negative Friday. Negative credit outlookMoody's cut its outlook for the US's credit rating to negative Friday. The US's deficit: The US's debt pile is likely to "remain very large", per Moody's. The US's debt pile is likely to "remain very large", per Moody's. By stoking up worries about the government's massive debt pile, Moody's threatened to make a bad week worse – but the market reaction to it slashing its outlook has so far been muted.
Persons: Moody's, , That's, Fitch, Biden, Karine Jean, Pierre, Hargreaves, Susannah Streeter Organizations: Treasury, Service, AAA, AA, Poor's, Federal, Treasury Department, Congress, White, Veterans Day Locations: Washington, British
Cats have 276 different facial expressions, study finds
  + stars: | 2023-11-01 | by ( Hafsa Khalil | ) edition.cnn.com   time to read: +3 min
In a study published in the journal Behavioural Processes last month, two US scientists counted 276 different facial expressions when domesticated cats interacted with one another. Both researchers assessed the differences in expression with a coding system designed specifically for cats, called the cat Facial Action Coding System, and looking at the number and types of facial muscle movements. The study added that muscle movements associated with biological processes such as breathing and yawning were not included. “Our hope is to expand our sample size to include cats living in other locations…looking at the facial expressions of cats living in multi-cat homes, feral colonies” and so on, Florkiewicz said. Another goal for the future is to conduct a follow-up study to determine what more of the expressions mean, she added.
Persons: you’ve, Brittany Florkiewicz, Chris Winsor, Florkiewicz, Lauren Scott, Scott Organizations: CNN, Lyon College in, Getty, University of Kansas Medical, University of California Locations: Lyon College in Arkansas, Los Angeles
State Tax Masochism by the Sea
  + stars: | 2023-10-29 | by ( The Editorial Board | ) www.wsj.com   time to read: 1 min
Journal Editorial Report: The week’s best and worst from Kim Strassel, Bill McGurn and Dan Henninger. Images: AP/Reuters Composite: Mark KellyOne great benefit of America’s federalist Constitution is policy competition among the states. Voters in Florida don’t have to live under New York’s laws, and Americans and businesses can vote with their feet by moving across state lines. That truth came into focus again last week when the Tax Foundation released its annual ranking of state business tax climates, and there’s a yawning gap between the winners and losers. The worst stack up punishing rates, making new business much more difficult and costly.
Persons: Kim Strassel, Bill McGurn, Dan Henninger, Mark Kelly Organizations: Reuters, Voters, Tax Foundation Locations: Florida
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