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These are among the reasons why there was alarm this week over reports that Russia may be pursuing nuclear weapons in space. So much of the country's infrastructure is now dependent on U.S. satellite communications — and those satellites have become increasingly vulnerable. Photos You Should See View All 33 ImagesTHE PAST: STARFISH PRIME AND PROJECT KBoth Russia and the U.S. have detonated nuclear warheads in space. The U.S. and the Soviet Union signed a nuclear test ban treaty a year later, in 1963, which prohibited further testing of nuclear weapons in space. The creation of the Space Force elevated spending on satellite systems and defenses.

Persons: Stephen Schwartz, Ariel, Hans Kristensen, ” Kristensen, John Kirby, John Ferrari, DeAnna Burt, Pat Ryder, Ferrari, ” Ferrari Organizations: WASHINGTON, Aviation, Russia, U.S, of Atomic Scientists, Starfish Prime, of Defense, Radio, Federation of American Scientists, Soviet Union, House, American Enterprise Institute, U.S . Space Force, NRO, National Reconnaissance Office, Pentagon, Space Force, Defense Department Locations: Russia, China, U.S, Hawaii, British, Ukraine

☆ The GOP could be about to cost Ukraine the war
▼ + stars: | 2024-02-14 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +8 min

But House Republicans under Speaker Mike Johnson have no plans to take up the deal, effectively blocking the $60 billion in Ukraine aid it includes. AdvertisementThe war has reached a stalemate even with this support, and a sudden shortage as could come this year drastically weakens Ukraine’s war effort against Russia, analysts told Business Insider. Without US arms support, Ukraine will simply be outgunned and more of its troops will die, experts warn. Other aid will save Ukraine just for monthsA Ukrainian defeat would not be immediate, as Europe could step up its military aid, Herbst said. Losing Ukraine would come at a devastating cost for NATO and the USThese dynamics are perilous for Ukraine and its backers.

Persons: —, Mike Johnson, John Herbst, Herbst, Ukraine’s, Gustav Gressel, Stringer Mark Cancian, they'd, Cancian, Vladimir Putin, Johnson, Hakeem Jeffries Organizations: Service, Business, Patriot, Council’s Eurasia Center, Archer Artillery, Roman, Getty, American Enterprise Institute, Martens, European Council, Foreign Relations, REUTERS, US Marine Corps, Center for Strategic, International Studies, NATO, Russia, Democrats, House Republicans Locations: Ukraine, Israel, Taiwan, Russia, Ukrainian, Iran, North Korea, Donetsk Oblast, Europe, Zaporizhzhia region, Russian, Soviet Union, Belarus, Africa, Balkans, America

☆ Dating apps in 2024: A look at the state of Tinder, Bumble, Hinge and Match
▼ + stars: | 2024-02-14 | by ( Rachel Wilson | ) edition.cnn.com time to read: +4 min

But dating apps, including Bumble, Grindr, Hinge and OkCupid, have cemented themselves as a fixture in American life: 2023’s downloads are more than twice the number of downloads in 2012, the year Tinder launched. This is the state of the dating app market, in four charts:Downloads are starting to fallThe popularity of dating apps has remained steady despite a slight decline in overall downloads in recent years. As many as three in 10 of all Americans say they’ve used a dating app, according to Pew. Tinder’s dominance is waningTinder has been the most commonly used dating app for Americans, a status it has held almost since it launched in 2012. Tinder is the largest app in Match Group’s US portfolio, which also includes Match, OKCupid, Hinge, Plenty of Fish and 36 other dating app brands aimed at diverse communities.

Persons: CNN — Tinder, Gen, they’ve, ” Tomas Iriarte, Reyes, Tinder, Gen Z Young, who’d, Gen Z, Bumble, X, ”, Amelia Orlando Organizations: CNN, Pew Research Center, Pew, Tinder, Survey Center, American, American Enterprise Institute Locations: data.ai

☆ More fake aircraft are popping up at Russian bases in a crude attempt to fool Ukraine
▼ + stars: | 2024-02-10 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

Image © Planet Labs PBCMozdok Air Base on Jan. 11, 2024. Image © Planet Labs PBCKrymsk Air Base on Nov. 10, 2023. Image © Planet Labs PBCGvardeyskoye Air Base on Dec. 5, 2023. Image © Planet Labs PBCA Russian airfield near Sevastopol, Crimea on Oct. 26, 2023. Image © Planet Labs PBCAnalysts say this widespread tactic is an attempt by Russia to try and fool Ukrainian weaponry from hitting actual targets.

Persons: —, Deception, Brady Africk, Africk, We've Organizations: Analysts, Service, Planet Labs PBC, Business Insider, Mozdok Air Base, Mozdok, Base, Planet, PBC Mozdok Air Base, PBC Mozdok, Krymsk Air Base, Krymsk, PBC Krymsk Air Base, Gvardeyskoye, PBC Gvardeyskoye Air Base, Belbek, Russian, Planet Labs, American Enterprise Institute, Twitter Locations: Russia, Ukraine, Moscow, Kyiv, Jan, Crimean, Mozdok, Kerch, Crimea, Sevastopol, Mar, Ukrainian

☆ To shore up Social Security, this controversial proposal calls for limiting retirement plan tax perks
▼ + stars: | 2024-02-09 | by ( Lorie Konish | ) www.cnbc.com time to read: +4 min

But a new research proposal published by the Center for Retirement Research at Boston College by experts at the opposite ends of the political spectrum has sparked considerable opposition. Together, they call for limiting current tax preferences for retirement savings plans, and instead redirecting those funds to help shore up Social Security. How retirement plan tax incentives workIn 2024, the limit for total employee and employer contributions to a defined contribution plans such as 401(k)s is $69,000 in 2024. By rolling back the tax incentives provided through defined contribution retirement plans, the money saved could be used to help fix a portion of Social Security's funding gap, the researchers argue. "We now have an industry and a policy based on 401(k)s and defined contribution plans that has been, relatively speaking, successful," Fichtner said.

Persons: Andrew Biggs, Alicia Munnell, Biggs, Munnell, Michael Wicklein, Jason Fichtner, Fichtner Organizations: Istock, Getty, Center for Retirement Research, Boston College, American Enterprise Institute, Federal Reserve Bank of Boston, Social Security, U.S, Mercatus, George Mason University, Cato Institute, National Association of Plan, Center, Board

☆ Death of Fringe Friendships: Making Gen Z Sad, Hurting Job Prospects
▼ + stars: | 2024-02-01 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +16 min

One of the biggest reasons for our shrinking social circles is the loss of fringe friends — casual friends that you enjoy seeing occasionally. These relationships might seem trivial or inconsequential, but experts and research indicate that fringe friends are vital. But now these fringe friend groups are disappearing, and we're all worse off for it. AdvertisementGlimmers of hope for Gen ZThe decline in fringe friends has also created a generational divide when it comes to who's doing well socially. There's no real solution to the loss of fringe friends.

Persons: Nikol Moses, Moses, Gen, would've, That's, —, Gen Zers, It's, Juliana Horowitz, Daniel Cox, Cox, what's, he'd, we've, Danielle Bayard Jackson, Long, Evan Paul Cudworth, Cudworth, Anna Goldfarb, I've, he's, Pew's Horowitz, Jackson, she'd, Goldfarb, it's, — Moses Organizations: Brisbane —, IRL, Pew Research Center, Gallup, Pew, American Survey, Survey, Survey Center, American Enterprise Institute, bodega, Federal Reserve Bank of Philadelphia, Facebook, Social, DMs, Pew Research, American Locations: Melbourne, Brisbane, Brooklyn, New York

☆ Opinion | ‘Why Haven’t the Democrats Completely Cleaned the Republicans’ Clock?’
▼ + stars: | 2024-02-01 | by ( The Ezra Klein Show | ) www.nytimes.com time to read: +1 min

Political analysts used to say that the Democratic Party was riding a demographic wave that would lead to an era of dominance. All this has made the Democrats’ political math a lot more precarious. And it also poses a kind of spiritual problem for Democrats who see themselves as the party of the working class. Ruy Teixeira is one of the loudest voices calling on the Democratic Party to focus on winning these voters back. But he also warned in that book that Democrats needed to stop hemorrhaging white working-class voters for this majority to hold.

Persons: “, Ezra Klein, Ruy Teixeira, He’s, ”, John B, Barack Obama, Teixeira, Judis, Joe Organizations: Democratic Party, Apple, Spotify, Amazon Music, Google, American Enterprise Institute, Liberal Patriot, Democratic, Party

☆ New videos show intense strikes on the Iran-backed Houthis, who are vowing revenge after getting hit by well over 100 missiles
▼ + stars: | 2024-01-12 | by ( Jake Epstein | ) www.businessinsider.com time to read: +6 min

The US and UK carried out strikes against the Houthis in Yemen early Friday. The intense bombardment followed repeated warnings from the West over Houthi attacks on shipping lanes. Here's a video showing airstrikes conducted by Typhoon jets after Britain and the United States conducted air strikes on Houthi targets in Yemen. AdvertisementA Royal Air Force Typhoon fighter jet takes off ahead of the Houthi strikes. A munition is fired from a US Navy warship during the Houthi strikes.

Persons: —, readying, Grant Shapps, bR8biMolSx, tbN7ncJYpF, 5hzanSX1dH, Katherine Zimmerman, Lloyd Austin Organizations: US, Service, US Air Forces Central, Central Command, UK Defense, U.S . Central Command, Typhoons, UK Ministry of Defense, Typhoon, Defence, Biden, American, British, Royal Air Force, Ministry of Defense, US Navy, Command, American Enterprise Institute Locations: Yemen, Iran, British, U.S, United Kingdom, Australia, Canada, Netherlands, Bahrain, @grantshapps, Britain, United States, Gulf of Aden, Israel, Australian, Washington

☆ America's economy should be 'thrilled' billionaires like Jeff Bezos and Warren Buffett exist, think-tank director says
▼ + stars: | 2024-01-10 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +4 min

Billionaires are actually great for the economy, a director at the American Enterprise Institute argues. That's because billionaire innovators produce trillions of dollars of value for the US. The center-right think tank's Michael Strain argues that billionaires produce many times their net worth in value for the economy through their innovations. But billionaire innovators — not billionaire heirs and heiresses — may be the exception to that, Strain said. AdvertisementIn fact, billionaire innovators should be considered "worthy of emulation" for children, Strain added, praising an array of business icons.

Persons: —, Elon Musk, Jeff Bezos, Michael Strain, heiresses, Strain, Bezos, Mark Zuckerberg, Bernard Arnault — Organizations: American Enterprise Institute, Service, Amazon, Syndicate, Economic

☆ About Those Non-Terrorist Houthis
▼ + stars: | 2023-12-04 | by ( The Editorial Board | ) www.wsj.com time to read: 1 min

Journal Editorial Report: Paul Gigot interviews Democratic analyst Ruy Teixeira. Images: American Enterprise Institute/Bloomberg News Composite: Mark KellyIran’s proxies continue to threaten U.S. assets in the Middle East, and the latest effort comes from the Houthi militia in Yemen. On Sunday the Houthis opened fire on commercial ships in the Red Sea, and a U.S. warship had to respond in self-defense. U.S. Central Command said in a tweet on Sunday that the USS Carney responded to distress calls from commercial ships, while tracking attacks on three different commercial vessels. The Carney, an Arleigh Burke-class guided-missile destroyer, shot down two drones in self-defense.

Persons: Paul Gigot, Ruy Teixeira, Mark Kelly, Carney, Arleigh Burke Organizations: American Enterprise Institute, Bloomberg, U.S . Central Command Locations: U.S, Yemen, Red

☆ Pension-eligible workers face complex Social Security rules that may reduce benefits. How to more accurately estimate retirement income
▼ + stars: | 2023-12-02 | by ( Lorie Konish | ) www.cnbc.com time to read: +6 min

Richard Stephen | Istock | Getty ImagesWhen Joyce Debnam's husband passed away, she began receiving $1,400 a month in Social Security survivor benefits. That life change prompted Debnam's Social Security benefits to be cut to just $174 a month. Moreover, the Social Security Administration notified her she had to return $5,000 in benefits she had been overpaid. Debnam is one of millions of workers who is affected by Social Security rules related to public workers and reductions in the benefits they are eligible to receive. "We recommend that people review their Social Security Statement at least once every year, which includes important information about WEP and GPO," a Social Security spokeswoman said in a statement.

Persons: Richard Stephen, Istock, Joyce Debnam's, Debnam, Mike Carey R, Mike Carey, Carey, Mark Warshawsky, Warshawsky Organizations: Social, United States Postal Service, Debnam's Social, Social Security Administration, Social Security, Congressional Research Service, GPO, Security, American Postal Workers Union, American Enterprise Institute Locations: Debnam, Suitland , Maryland, Ohio, Baton Rouge , Louisiana

☆ Trump’s avalanche of dishonesty: Fact-checking 102 of his false claims from this fall
▼ + stars: | 2023-12-01 | by ( Daniel Dale | ) edition.cnn.com time to read: +111 min

Below is a fact check of 102 of Trump’s false claims from the 12 speeches. But contrary to Trump’s claim, it’s not true that people had been attempting for decades to create such an initiative. Trump’s aid to farmersIn speech after speech, Trump claimed that he had given US farmers $28 billion from China. Even if the poll result is off, it’s clear that Trump’s claim that “nobody wants them” is not true. He said he was an airline pilot.”Facts First: Trump made a false claim while mocking Biden for making false claims.

Persons: Donald Trump, –, Trump, Joe Biden, Biden, Ron DeSantis, Nikki Haley, “, ”, Mexico’s, ‘ Trump, Defense Department –, ” Theresa Cardinal Brown, CNN’s Priscilla Alvarez, ” Trump, I’ve, Todd Harrison, Harrison, It’s, Trump’s, ” Ben Cahill, Nobody, Jimmy Carter’s, Barack Obama, isn’t, El Salvador –, Obama, we’d, Obama’s, Webster, Covid, Wuhan ”, They’d, they’d, you’d, Scott Gottlieb, ” Gottlieb, Trump Trump, it’s, Abraham, Aaron David Miller, Miller, Dana El Kurd, Qasem Soleimani, they’ve, we’re, We’re, ’, Iran haven’t, ” Matt Smith, Biden’s, Smith, Ali Vaez, Kpler, Biden Trump, Iran “, Democrats ”, that’s, Jimmy Carter, Carter “, Carter, ‘, Hillary Clinton, Kari Lake, Bill Gates, Gates, ” Chris Wallace, Chris Wallace, Hunter Biden, “ Chris Wallace, ‘ He’s, ‘ ” Trump, Wallace, “ you’re, “ Biden, ‘ You’re, Wallace interjected, Rather, you’ve, ’ ” Pavel Molchanov, Raymond James &, ” Molchanov, Tim Woody, Woody, autoworkers, CNN’s Ella Nilsen, Joe Biden’s, Erin Mellon, Gavin Newsom, Mellon, ” Vonette Fontaine, Biden “, CNN’s Matt Egan, Egan, ” Biden, Europe Trump, United Kingdom “, Brent, Pavel Molchanov, Raymond James, Patrick De Haan, GasBuddy, De Haan, Matt Smith, Matt Egan, Afghanistan Trump, we’ve, Krista Wiegand, Wiegand, ” Netanyahu, Benjamin Netanyahu, Israel, Qasem, Bibi, Netanyahu, Soleimani, Asad, Mark Milley, Hezbollah Trump, Steven Cheung, John Kirby, Cheung, Kirby, Iran’s, ” Ali Vaez, Joseph Amon, Washington –, Faiq Zidan, Zidan’s, Zidan, Abu Mahdi al, China Trump, Ukraine Trump, Letitia James, James, Attorney Alvin Bragg, Matthew Colangelo, You’re, Bragg, Colangelo, Tanya Chutkan, I’m, Jack Smith, Bill Clinton, That’s, everybody’s, Letitia James –, Al Capone’s, Al Capone, Capone, Brad Schwartz, CNN couldn’t, Schwartz, Eliot Ness, MAGA, “ MAGA, …, White, CNN’s Fareed Zakaria, Inflation Trump, Bacon, Joe, PolitiFact, Trump . Howard Gleckman Organizations: Washington CNN —, CNN, Republican, Trump Trump, Republican Jewish Coalition, Department, ISIS, Trump’s, Democratic, Congress, Defense Department, former Defense Department, Center, US Customs, Trump, American Enterprise Institute, Air Force, Army, Navy, Marine Corps, Strategic Petroleum Reserve, Energy Security, Center for Strategic, International Studies, US, IHS, Islamic, The State Department, Customs Enforcement, Policy Institute, ICE, El Salvador, ”, Merriam, The New York Times, Food and Drug Administration, FDA, Abraham Accords, United Arab Emirates, West Bank, Hezbollah, State Department, Carnegie Endowment, International, Arab Center Washington DC, Islamic Revolutionary Guards Corps Quds Force, Obama, US International Trade Commission, Washington Post, U.S . International Trade Commission, New England lobstermen, England lobstermen, Americas, Crisis, government’s Energy, Administration, Washington Free Beacon, Energy Information Administration, Democrats, Biden, Electoral, Georgia, Michigan, Carter, Democrats can’t, Republicans, Alabama, Arizona, Fox News, ” Energy, Oceanic, Atmospheric Administration, NOAA, Wildlife, Alaska Industrial Development, Export Authority, Raymond James & Associates, Wilderness Society, Cox Automotive, Pew Research Center, New York Times, National Oceanic, California Gov, California, American Petroleum Institute, Union, West, Energy, American Automobile Association, AAA, GasBuddy, New Hampshire, Houston, Keystone XL, Obama administration’s State Department, –, Foreign, Military, DoD, Afghan, Defense, Policy, Taiwan News, “, University of Tennessee’s Center for National Security, Foreign Affairs, Israeli, NBC, Jerusalem Post, Yahoo, Pentagon, ” CNN, Joint Chiefs, Staff, Post, National Security, Group, US government’s Defense Intelligence Agency, Narcotics Bureau, Global Health, Drexel University Dornsife School of Public Health, Justice Department, Washington, Judicial, Popular Mobilization Forces, Customs and, Middle East, Customs, Protection, CBP, Border Protection, Kiel Institute, European Union, New York, New, ExxonMobil, Trump University, Trump Foundation, Manhattan, Attorney, federal Justice Department, Department of Justice, Washington DC, Presidential Records, Presidential, Mar, Biden White, MAGA Republicans, Inflation, Heritage Foundation, Trump ., Brookings Tax, Urban Institute Locations: New Hampshire, New York City, Saudi, Florida, al Qaeda, New York, Texas, Iowa, Mexico, “, U.S, Houston, Iraq, Israel, Tel Aviv, Jerusalem, Nord, Germany, Russian, Trump’s, Russia, Ukraine, Europe, Guatemala, Honduras, El Salvador, El, Washington, ”, ” In Texas, Covid, China, Wuhan, Italy, France, Abraham, Bahrain, Morocco, Sudan, Gaza, Lebanon, Syria, Iran, Yemen, Libya, Palestine, Afghanistan, Somalia, Pakistan, New England, England, Kpler, Malaysia, Oregon, Alabama, Maricopa County, Arizona, Arizona’s, Moscow, Alaska, East, South Carolina, California, “ California, West Virginia, Virginia, United Kingdom, West Texas, “ U.S, Los Angeles, Venezuela, Mississippi , Louisiana, Canada, United States, Paris, Taiwan, “ China, Iranian, that’s, –, Singapore, Iraqi, San Diego, Kiel, York, Manhattan, York’s, Chicago, Philadelphia, Georgia, Qaeda

☆ The US economy grew by 5.2% in the third quarter, even faster than previously estimated
▼ + stars: | 2023-11-29 | by ( Bryan Mena | ) edition.cnn.com time to read: +4 min

Washington, DC CNN —US economic growth was even stronger in the third quarter than previously estimated, underscoring the economy’s remarkable resilience in the face of elevated inflation and high borrowing costs earlier this year. Wednesday’s latest reading reflects an even faster pace of growth than the blistering 4.9% rate the department initially estimated. Nonresidential fixed investment, or business spending, was revised up to a growth rate of 1.3% in the third quarter from a decline of 0.1%. Fourth-quarter spending likely won’t be as piping hot, however. Fed officials pay close attention to various facets of the US economy when deliberating monetary policy, including growth.

Persons: ”, Gregory Daco, “, Christopher Waller, American Enterprise Institute . Waller, Michelle Bowman Organizations: DC CNN, Gross, Commerce, Consumer, Adobe Analytics, Institute for Supply Management, Employers, Atlanta Fed, Federal, ”, American Enterprise Institute ., Fed Locations: Washington, EY, Salt Lake City

The New Zealand dollar was last up 1.1% at a four-month high of $0.6207, having blown past resistance. The U.S. dollar, meanwhile, slid to fresh multi-month lows on the euro, yen, sterling, the Australian dollar, yuan and Swiss franc. Overnight Fed Governor Christopher Waller - an influential and previously hawkish voice at the U.S. central bank - told the American Enterprise Institute that rate cuts could begin in a matter of months, provided inflation keeps falling. Fed funds futures rallied on the remark to price more than hundred basis points of cuts in 2024 and 40% chance they begin as soon as March. Two-year Treasury yields fell sharply and along with the dollar fell further still in Asia.

Persons: Christopher Waller, Governor Waller's, Tapas Strickland, Jerome Powell, Waller, CONDITIONALITY Waller's, Seng, Vishnu Varathan, Simon Cameron, Moore Organizations: New Zealand, Nikkei, U.S ., Swiss, U.S, American Enterprise Institute, Governor, National Australia Bank, Fed, HK, Thomson Locations: SINGAPORE, Asia, Pacific, Japan, Hong Kong, Sydney, China, Meituan, Zealand, Singapore

TOKYO (AP) — Asian shares mostly fell Wednesday although a strong report on U.S. consumer confidence and hopes the Federal Reserve is finished with its aggressive interest rate hikes sent shares higher on Wall Street. Food delivery company Meituan's Hong Kong-traded shares dropped 11% after it forecast its revenue will fall in the current quarter. The loosening grip from inflation and a resilient economy have raised hopes that the Fed might finally be finished with raising its benchmark interest rate. Hopes that the Fed will keep its benchmark interest rate steady were reaffirmed Tuesday by Christopher Waller, a member of the Fed’s Board of Governors. The Fed will meet again in December to update its interest rate policy.

Persons: Australia's, Hang Seng, Matthew Weller, Forex.com, Brent, Tesla, Christopher Waller, “, ” Waller, Damian J, Troise, Alex Veiga Organizations: TOKYO, Reserve, Nikkei, China Evergrande, Benchmark, New York Mercantile Exchange, Dow Jones, Nasdaq, Microsoft, GE Healthcare Technologies, Treasury, Federal Reserve, Fed’s, Governors, American Enterprise Institute, U.S ., AP Business Locations: Hong, Shanghai, Hong Kong, China, OPEC, Washington

"Inflation rates are moving along pretty much like I thought," Fed Governor Christopher Waller, a hawkish and influential voice at the central bank, told the American Enterprise Institute think tank on Tuesday. If the decline in inflation continues "for several more months ... three months, four months, five months ... we could start lowering the policy rate just because inflation is lower," he said. Additional Fed rate increases remain a possibility if upcoming data includes an unexpected resurgence of price pressures, he said. But even Bowman, who like Waller is among the Fed's most hawkish officials, stopped short of outright calling for a further increase in the policy rate. New inflation data will be released on Thursday, and policymakers will also have a fresh monthly jobs report and other data in hand before they gather next month.

Persons: Christopher Waller, Bond, Waller's, Jerome Powell, Michelle Bowman, Bowman, Waller, Austan Goolsbee, Howard Schneider, Ann Saphir, Lindsay Dunsmuir, Andrea Ricci, Paul Simao Organizations: Federal Reserve, American Enterprise Institute, Fed, Spelman College, Utah Bankers Association, Chicago Fed, Conference Board, Thomson Locations: U.S, Atlanta, Salt Lake City

WASHINGTON (AP) — A key Federal Reserve official said Tuesday that he is “increasingly confident” that the Fed's interest rate policies will succeed in bringing inflation back to the central bank's 2% target level. The official, Christopher Waller, a member of the Fed's Board of Governors, cautioned that inflation is still too high and that it's not yet certain if a recent slowdown in price increases can be sustained. Waller's remarks follow Chair Jerome Powell's more cautious comments earlier this month, when Powell said “we are not confident” that the Fed's key short-term interest rate was high enough to fully defeat inflation. Inflation, measured year over year, has plunged from a peak of 9.1% in June 2022 to 3.2% in October. Slower spending and hiring, he said, should help further cool inflation.

Persons: “, Christopher Waller, ” Waller, Jerome Powell's, Powell, Waller Organizations: WASHINGTON, Federal Reserve, Fed's, of Governors, American Enterprise Institute Locations: Washington

☆ AEI's James Pethokoukis weighs in on Bidenomics
▼ + stars: | 2023-11-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAEI's James Pethokoukis weighs in on BidenomicsJames Pethokoukis, American Enterprise Institute analyst, joins 'Power Lunch' to discuss President Biden's announcement to ease costs on the supply chain industry.

Persons: James Pethokoukis, Bidenomics James Pethokoukis, Biden's Organizations: American Enterprise Institute Locations: Bidenomics

☆ Opinion | Americans Under 30 Don’t Trust Religion — or Anything Else
▼ + stars: | 2023-11-25 | by ( Jessica Grose | ) www.nytimes.com time to read: +2 min

Whereas with many young Americans, Burge said, “they look at all the religion options and say, ‘I really don’t want to pick a side.’ And that’s what nothing in particular is. So it makes a certain kind of sense that they don’t want to associate too closely with any defined group. What’s more, some religious institutions have had high-profile ethical failures around cases of sexual abuse — concealing rather than confronting allegations of wrongdoing among their leadership. “Instead of trying to redress these really incredibly painful problems, they made things worse in many instances,” Cox said. “So I think that’s a really different environment to come of age and to learn about how these institutions operate and who they operate for.”

Persons: Burge, It’s, it’s, we’ve, —, Clinton, Trump, Daniel Cox, ” That’s, ” Cox, ” Organizations: Survey Center, American Enterprise Institute

☆ Opinion: Travis Kelce is happy to be Mr. Taylor Swift
▼ + stars: | 2023-11-14 | by ( Cristian Arroyo-Santiago | Opinion Jill Filipovic | ) edition.cnn.com time to read: +10 min

CNN —Taylor Swift and Travis Kelce are the couple of the hour. Jill Filipovic Courtesy of Jill FilipovicThey’re also a surprisingly positive relationship model for men and women alike. Finding love isn’t always easy for American women in a more feminist world, even as American women have become far better off. Fewer than a quarter of single men say they have a hard time finding a romantic mate who meets their expectations. Swift and Kelce are both fabulously wealthy, and money does make relationships easier — she’s now a billionaire, according to Bloomberg.

Persons: Jill Filipovic, CNN — Taylor Swift, Travis Kelce, Jill Filipovic They’re, Swift, Jason, Taylor, Travis, Gloria Steinem, —, Wives, Kelce, Taylor Swift, ”, they’re, It’s, ’ —, she’s Organizations: Twitter, CNN, Kansas City Chiefs, Chiefs, Philadelphia Eagles, Pew Research, Census, Pew, Survey Center, American Enterprise Institute, Bloomberg, NFL, ESPN, Sports, ” Sports Locations: New York, Kelce

☆ What Wall Street can expect from key Biden-Xi meeting as U.S.-China relations remain tense
▼ + stars: | 2023-11-14 | by ( Pia Singh | ) www.cnbc.com time to read: +7 min

Chinese companies, meanwhile, have accelerated in global patent holdings in the cybersecurity sector, according to a recent Nikkei report. More reassurance to Chinese investors To be sure, while these stocks continue to rally, investors in the U.S. largely remain cautious about making any trades based on expectations ahead of the Biden-Xi talks. If anything, Chinese investors could leave Wednesday with more reassurance—which China's economy desperately needs as it struggles to make a post-pandemic recovery. Chinese investors "remain concerned that the deterioration in the bilateral political relationship could have a negative impact on the Chinese economy," Matthews investment strategist Andy Rothman said. Shaun Rein of China Market Research Group told CNBC last week that the meeting "might lower down the temperature," but that he does not expect "anything meaningful" to come from it.

Persons: Joe Biden, Xi Jinping, Frederic Neumann, Neumann, Biden, Xi, Brian Gardner, Gardner, Neo Wang, Wang, Tesla, BYD, Matthews, Andy Rothman, Shaun Rein, Rein, Derek Scissors, CNBC's Organizations: HSBC, Economic Cooperation, South China Morning Post, U.S . Department of Commerce, Nikkei, Micro Devices, Intel, Nvidia, AMD, Micron, MU, Microsoft, Biden, China Market Research Group, CNBC, American Enterprise Institute Locations: China, U.S, Asia, San Francisco, Washington, Beijing, Tesla's China, Europe, South Korea, Japan

☆ The U.S.-China relationship isn't likely to improve, says AEI's Derek Scissors
▼ + stars: | 2023-11-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe U.S.-China relationship isn't likely to improve, says AEI's Derek ScissorsDerek Scissors, senior fellow at the American Enterprise Institute, joins 'Power Lunch' to discuss the U.S.-China relationship ahead of President Biden's meeting with President XI.

Persons: Derek, Derek Scissors, Biden's, XI Organizations: American Enterprise Institute, U.S . Locations: China, U.S

☆ As Biden and Xi gear up for a high-stakes meeting, experts have low expectations
▼ + stars: | 2023-11-12 | by ( Megan Lebowitz | ) www.cnbc.com time to read: +8 min

Senior U.S. administration officials detailed a handful of agenda items during a briefing with reporters. "We're not talking about a long list of outcomes or deliverables," a senior administration official told reporters. Even in recent days, Chinese officials were hesitant to confirm that Xi would attend the meeting with Biden. Biden and Xi's meeting also comes in the lead-up to Taiwan's 2024 presidential election in January, followed by the U.S. election. "We've been clear publicly and privately that interference in the Taiwan election is something we're extremely concerned about," a senior administration official said.

Persons: Xi Jinping, Joe Biden, Xi, Colleen Cottle, Jude Blanchette, They've, Thomas Fingar, Fingar, Biden, Wang Wenbin, Karine Jean, Pierre, Jean, Oriana Skylar Mastro, Ely Ratner, Ratner, We've, we've, Li Shangfu, Li, David Sacks, Sacks, Xi's Organizations: Global China, Atlantic Council, Senior, Center for Strategic, International Studies, Stanford University, National Intelligence Council, White, U.S ., American Enterprise Institute, NBC News, Defense, Biden, China, Council, Foreign Relations, U.S, Washington Locations: Nusa Dua, Indonesian, Bali, U.S, China, Taiwan Strait, South China, San Francisco, People's Republic of China, Taiwan

☆ Weight-loss drugs just got cheaper — and better
▼ + stars: | 2023-11-11 | by ( Hilary Brueck | ) www.businessinsider.com time to read: +7 min

Eli Lilly just debuted its powerful new weight-loss drug, Zepbound. Normally, when newer, better drugs are introduced, they match the price of similar drugs already available or come at a premium . Eli Lilly and Novo Nordisk have said that about 50 million people have some level of insurance coverage for weight-loss drugs. But some experts were skeptical, because employers and insurers don't typically pay the list price for drugs. Craig Garthwaite, an economist at Northwestern University, argued competition will drive the net prices of weight-loss drugs lower still.

Persons: Eli Lilly, —, Wegovy, LLY, It's, Mike Mason, coinsurance, Antonio Ciaccia, Crystal, We're, David Risinger, Dave Ricks, David Ricks, Eli Lilly's Mason, Mason, Craig Garthwaite, Garthwaite Organizations: Service, pharma, Nordisk's Wegovy, Ozempic, Deutsche Bank, 46brooklyn Research, Crystal Cox, Novo Nordisk, Zepbound, Wegovy, American Enterprise Institute, Northwestern University Locations: Mounjaro

☆ Opinion | Why Aren’t More People Getting Married? Ask Women What Dating Is Like.
▼ + stars: | 2023-11-11 | by ( Anna Louie Sussman | ) www.nytimes.com time to read: +3 min

Having written about gender, dating, and reproduction for years, I’m struck by how blithely these admonitions to get married skate over people’s lived experience. On the rare occasions that women are actually asked about their experiences with relationships, the answers are rarely what anyone wants to hear. In the late 1990s, the sociologists Kathryn Edin and Maria Kefalas interviewed 162 low-income single mothers in Camden, N.J., and Philadelphia to understand why they had children without being married. “Money is seldom the primary reason” why mothers say they are no longer with their children’s fathers. “There are women that are just out here trying, and the men aren’t ready,” she told me.

Persons: I’m, people’s, Kathryn Edin, Maria Kefalas, “, “ ghosted, ”, Camino, William Julius Wilson, Nora Ephron, Kearney, Daniel Cox Organizations: American Enterprise Institute Locations: Camden , N.J, Philadelphia

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