DIRS.INFO The most relevant business & tech news

☆ ADL gives Harvard and a dozen other universities failing grades on campus antisemitism
▼ + stars: | 2024-04-11 | by ( David Goldman | ) edition.cnn.com time to read: +6 min

New York CNN —The Anti-Defamation League has graded 85 American universities for their policies to protect Jewish students from antisemitism on campus. The ADL said antisemitic incidents on campus have reached historic levels, leaving Jewish students feeling unsafe. The dozen schools that received failing grades from the ADL include Harvard, MIT, Stanford, University of Chicago, Princeton, University of Virginia, Tufts, Michigan State University, University of Massachusetts Amherst, SUNY Purchase, SUNY Rockland, and Swarthmore. Harvard remains under federal investigation for potential Title VI violations, and several Jewish students have sued Harvard for failing to protect them from antisemitism. “Like all students, Jewish students deserve to feel safe and supported on campus.”Hamas’ October 7, 2023, attack on Israel left 1,200 dead, and hundreds of Israelis were taken hostage.

Persons: ”, I’m, Jonathan Greenblatt, Israel, Claudine Gay, Gay, Rabbi David Wolpe, Alan Garber, Raffaella Sadun, Derek Penslar, Larry Summers, Sadun, University of Pennsylvania –, Brandeis, Justice Louis Brandeis, Greenblatt Organizations: New, New York CNN, Defamation, Harvard, ADL, “, Civil, Education Department, University of Pennsylvania, Cornell University and Stanford, MIT, Stanford, University of Chicago, University of Virginia, Tufts , Michigan State University , University of Massachusetts, SUNY, Swarthmore . Harvard, Harvard Faculty, Staff, Justice, Harvard Undergraduate Palestine Solidarity Committee, American Resistance Organization, Education, Harvard’s Divinity School, Harvard Business School, Columbia, Rutgers, Brandeis, Elon, Students for Justice, Foundation, Combat, Elon University Locations: New York, United States, Israel, Princeton, Tufts ,, Tufts , Michigan State University , University of Massachusetts Amherst, SUNY Rockland, Palestine, “, Gaza

☆ Meteorites may be lost to Antarctic ice as climate warms, study says
▼ + stars: | 2024-04-10 | by ( Katie Hunt | ) edition.cnn.com time to read: +9 min

Ice sampling occurs on a blue ice area during the 2022 Chilean Antarctic Institute field mission. “As the climate continues to warm, Antarctic rocks are sinking into the ice at an increasing rate. Meteorites are particularly plentiful in blue ice fields. Steven Goderis/Vrije Universiteit BrusselResearchers have identified areas of meteorite-rich blue ice mostly by luck. “The main worry is the logistical aspect of searching for Antarctica meteorites, which is already difficult today due to the remoteness of Antarctica.

Persons: Maria Valdes, ”, Valdes, Robert A, “, José, wasn’t, Balchenfjella, Steven Goderis, Veronica Tollenaar, ” Valdes, Tollenaar, ” Tollenaar, Harry Zekollari, Katherine Joy, Matthias van Ginneken, van Ginneken, Kevin Righter, Righter Organizations: CNN, Field, University of Chicago, Pritzker Center, Meteoritics, Polar Studies, Antarctic Institute, University of Santiago, Vrije Universiteit Brussel, Université Libre de Bruxelles, University of Manchester, University of Kent’s, Astrophysics, NASA Johnson Space Center Locations: Antarctica, Chile, Vrije, Université, Belgium, Houston

☆ A Harvard professor is risking his reputation to search for aliens. Tech tycoons are bankrolling his quest.
▼ + stars: | 2024-04-08 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +26 min

The Harvard professor's research is bankrolled by tech tycoons "pissed off" at academia's dogma. But this boundary-pushing is exactly why he's backed Loeb's research. AdvertisementDesch, the astrophysicist from Arizona University, posted a critique of Loeb's work on arXiv alleging "multiple fatal flaws with the manuscript's arguments." Asked whether he no longer believes in a possible technological origin for the meteor, Loeb said they need to investigate further. As he plans more extravagant expeditions to prove the origin of the interstellar meteor, Loeb likens his critics to crows pecking at the neck of an eagle.

Persons: Avi Loeb, Loeb, —, Steven Desch, they're, Loeb's, they've, Charles Hoskinson, that's, Anibal Martel, Mark Zuckerberg, Stephen Hawking, Lucas Jackson, Oumuamua, Desch, It's, Meech, Hoskinson, Rather, Lane Turner, James Webb, Bill Diamond, Stenzel, AARO, UAPs, Loeb hasn't, Joe Rogan's, Eugene Jhong, Galileo, ", Frank Laukien, Laukien, Charles Alcock, Seth Shostak, Stephen Wolfram, Richard Branson's, Vera, Rubin, Avi Loeb Loeb, what's, Rob McCallum, Mariana Trench, James Cameron, Avi Loeb Hoskinson, spherules, Harvard's Stein Jacobsen, Loeb didn't, Monica Grady, Patricio Gallardo, it's, Diamond, That's Avi, Adam Glanzman Organizations: Harvard, Service, Arizona State University, Netflix, Galileo, Anadolu Agency, Reuters, University of Hawaii, Boston Globe, James Webb Telescope, NASA, SETI Institute, Pew Research Center, Department of Defense, UAP Department of Defense, Jhong, Bruker Corporation, Smithsonian's, for Astrophysics, MIT, Wolfram Research, Harvard University, Survey, US Space Command, Hoskinson, UK's Open University, University of Chicago, Arizona University, U.S . Government, The Washington, Getty, Loeb, Astronomy, Astrophysics Locations: Lexington , Massachusetts, United States, Getty, Loeb's, New York, Cambridge, Massachussetts, UAPs, Colorado, Chile, Papua New Guinea, 2401.09882, IM1

☆ The Long, Strange Decline of One of America's Most Influential Brands
▼ + stars: | 2024-03-31 | by ( Amanda Chicago Lewis | ) www.businessinsider.com time to read: +39 min

What followed was hundreds of sequels and spinoffs, everything from "Chicken Soup for the Cat Lover's Soul" to "Chicken Soup for the Canadian Soul" to the bestseller I read cover to cover, several times, in sixth grade: "Chicken Soup for the Teenage Soul." By 2003, research found that more young readers seeking solace turned to the Chicken Soup series than to the Bible. What began as Chicken Soup for the Soul board games and calendars turned into Chicken Soup for the Soul chocolates and Chicken Soup for the Soul pet food. He pointed out that the cover of the original Chicken Soup book "ripped off" Campbell's Soup, to trigger "nourishing and comforting and warming" feelings. He started suggesting outrageous directions Chicken Soup could go in next: "The Chicken Soup pistol!

Persons: I'd, I've, who'd, John Wayne, Jack Canfield, Canfield, Oprah Winfrey, Tony Soprano's, Russ Kamalski, Laurel, Hardy, Tyler Le, Americus Reed, hadn't, he'd, Johnny Nunez, Getty, Clement Stone, Stone, Napoleon Hill's, Norman Vincent Peale's, Mark Victor Hansen, Hansen, Bennett Raglin, let's, Mark Twain, They're, they'd, Kamalski, Preteen's, Christian Woman's, Mother's, —, Wayne Booth, Booth, Barbara Ehrenreich, David Gray, Amy Poehler, Kenan Thompson's, Patty Aubery, I'm, I, blurbing, Bill Rouhana, Amy Newmark, Newmark, Rouhana, Winstar, Ashton Kutcher, Isaac Brekken, Kevin, Reddit, Chicken, Redbox, You've, We're, Kevin fumed, hicken, orth, ince, eason, rance, ike, osses, ives, ake Organizations: John, Hyatt Regency, Soul Entertainment, Nasdaq, Americus, Wharton, Hyatt, Harvard, Triple, Beverly, Hotel, Canfield, University of Chicago, Oklahoma State, Washington Post, Wall, Company, Connecticut —, NASCAR, Hollywood, Consumer Federation of America, CSSE, Hindenburg Research, Sony Pictures Television, GameStop, YouTube, Soup, ust, anfield Locations: Newport Beach , California, Indonesian, Crackle, Canfield, Nigeria, Japan, France, Ohio, West Virginia, Mali, New York, Anaheim, Florida, ,, Teacher's, Baltimore, China, Australian, Darfur, Southern California, Greenwich , Connecticut, Connecticut, Zillow, Canadian, Wells Fargo's, Redbox, ife

☆ The Long, Strange Decline of Iconic Chicken Soup for the Soul Brand
▼ + stars: | 2024-03-31 | by ( Amanda Chicago Lewis | ) www.businessinsider.com time to read: +39 min

What followed was hundreds of sequels and spinoffs, everything from "Chicken Soup for the Cat Lover's Soul" to "Chicken Soup for the Canadian Soul" to the bestseller I read cover to cover, several times, in sixth grade: "Chicken Soup for the Teenage Soul." What began as Chicken Soup for the Soul board games and calendars turned into Chicken Soup for the Soul chocolates and Chicken Soup for the Soul pet food. What began as Chicken Soup for the Soul board games and calendars turned into pet food, barbecue sauce, and — yes — soup. He pointed out that the cover of the original Chicken Soup book "ripped off" Campbell's Soup, to trigger "nourishing and comforting and warming" feelings. He started suggesting outrageous directions Chicken Soup could go in next: "The Chicken Soup pistol!

More than two years later, only four states — Ohio, New York, Pennsylvania and Hawaii — have opened stations funded by the program. The Biden administration says the federal charging program is on track. The grants will fund 47 EV charging stations and related projects in 22 states and Puerto Rico, including 7,500 charging ports. But even some of the government’s own experts say 500,000 public chargers won’t be enough to meet Biden’s ambitious climate goals. The availability of charging stations is key to persuading Americans to buy EVs.

Persons: Liam Sawyer, Sawyer, ”, Joe Biden, Biden, Shailen Bhatt, “, ” Bhatt, “ We’re, ″, Gabe Klein, Bhatt, Tesla, Mike DeWine, DeWine, Preeti Choudhary, Loren McDonald, you’re, ” ___ Daly, John Organizations: —, Ford, Allegheny National Forest, Pilot Travel, Electric Vehicle Infrastructure, Democrat, Transportation, Walmart, Joint Office of Energy, National Renewable Energy Laboratory, Alternative Fuels Data, Energy Department, Associated Press, NORC, for Public Affairs Research, Energy, Institute, University of Chicago ., Republican Gov, Ohio, Department of Transportation, Public Utilities Commission, “ Locations: Ohio, Indianapolis, Pennsylvania, Columbus , Ohio, London , Ohio, — Ohio, New York , Pennsylvania, Hawaii, U.S, Maine , Vermont, Colorado, Puerto Rico, America, California, Washington, St, Detroit, AP.org

☆ 'Inception attacks' on Meta VR headsets can trap users in a fake VR environment, researchers found
▼ + stars: | 2024-03-13 | by ( Grace Eliza Goodwin | Kelsey Vlamis | ) www.businessinsider.com time to read: +4 min

Researchers have exposed a potential security vulnerability in Meta's VR headsets, a new study says. The so-called "inception attack" allows an attacker to spy on and control a user's VR environment. The headset also had to be in developer mode, which the researchers said many Meta Quest users keep enabled in order to get third-party apps, adjust resolution, and take screenshots. Researchers created cloned versions of the Meta Quest Browser and VRChat app. AdvertisementTo test the inception attack process with real people, researchers had 27 study participants interact with VR headsets while they carried out the attack.

Persons: —, Mark Zuckerberg, Zuckerberg, what's, Meta Organizations: VR, Service, University of Chicago, Apple Vision Pro, MIT Technology, Meta, Business

☆ YouTube's mass exodus of stars show the uncertainty of the creator economy
▼ + stars: | 2024-03-13 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In today's big story, we're looking at a potential exodus of stars from YouTube and what it means for the creator economy. What's on deck:This story is available exclusively to Business Insider subscribers. AdvertisementBut some people who helped fuel YouTube's rise are walking away from the platform that gave them their big break. TikTok's challenges represent the ongoing uncertainty content creators face trying to make a living in such an unpredictable and shrinking world.

Persons: —, we've, Rebecca Zisser, It's, Insider's Lindsay Dodgson, MatPat, Lindsay, Andy Kiersz, Critics, it's, Alistair Barr, Dan, Jamie Dimon doesn't, Dimon, Karim Qubadi, Abanti Chowdhury, OpenAI, Musk's, Christopher Nolan's, Tyler Le, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb, George Glover Organizations: Service, YouTube, Business, Nielsen, Gaming, ISI, SensorTower, BI, CPI, JPMorgan, Elon, University of Chicago, Quest, realtors, Meta, Google, Companies, Adidas Locations: United States, New York, London

☆ To get $9 million in pandemic aid, Lil Wayne pledged to operate a 'drug-free workplace.' The feds believed him.
▼ + stars: | 2024-03-11 | by ( Jack Newsham | ) www.businessinsider.com time to read: +7 min

Lil Wayne loves weed. But in 2021, Lil Wayne — whose real name Dwayne Carter — told the government that his touring company was a "drug-free" workplace. No one at the Small Business Administration appeared to question it, and the government cut a $8.9 million check to Lil Wayne's company Young Money Touring Inc. Representatives for Beach House didn't respond to a request for comment, nor did press contacts for Lil Wayne or Post Malone. The feds could claw the money backThe SBA told grant applicants that they could be sued or even prosecuted for lying.

Persons: Malone, Lil Wayne, —, Lil Wayne —, Dwayne Carter —, Lil Wayne's, Post Malone, Post, Joe Rogan's, they're, Carter, , Harold Pollack, Josh Schiller, Schiller, Dan Meyer, Andrew Preble, should've, Day Organizations: Service, Small Business Administration, Inc, Austin Post, Post, SBA, Touring Inc, University of Chicago, Elon, SpaceX, Beach House, NME, Beach Locations: people's, San Francisco, Angeles, New Orleans

☆ 5 tips to stop weight gain during menopause
▼ + stars: | 2024-03-10 | by ( Andrea Kane | ) edition.cnn.com time to read: +7 min

(CNN) — Menopause and weight gain seem to go hand in hand. But is menopause really to blame for women’s midlife weight gain? Christmas said it’s impossible to talk about weight gain around menopause without talking about the other elephant in the room: aging. Many women gain weight around menopause. And there’s at least one more factor that contributes to weight gain as we age.

Persons: Sanjay Gupta ”, “, I’ve, Monica Christmas, Christmas, Sanjay Gupta, ”, Julia Amaral, …, ’ ”, it’s, Michael Pollan, don’t Organizations: CNN, University of Chicago Medicine, “ Locations: barre

☆ Peculiar fossil reveals oldest toothless bird from 120 million years ago
▼ + stars: | 2024-03-08 | by ( Ashley Strickland | ) edition.cnn.com time to read: +7 min

CNN —A peculiar fossil has helped scientists discover an unusual bird that lived among the dinosaurs 120 million years ago, and the find is changing the way researchers think about avian evolution. Enantiornithines are known as “opposite birds” because they had a shoulder joint feature that greatly differs from the ones modern birds have. “Before Imparavis, toothlessness in this group of birds was known to occur around 70 million years ago,” Clark said. When Jingmai O’Connor, the Field Museum’s associate curator of fossil reptiles, visited the Shandong museum’s collections a few years ago, the fossil caught her attention. While modern birds have fused forelimb digits, enantiornithines still had independent movement in the “little fingers” on their wings.

Persons: Sir David Attenborough, ”, Alex Clark, Imparavis, ” Clark, Jingmai O’Connor, O’Connor, Clark, “, enantiornithines, ” O’Connor, ” Attenborough Organizations: CNN, University of Chicago, Field Locations: China, China’s Toudaoyingzi, Shandong

☆ Analyst discusses the impact a possible Trump presidency will have on Asian foreign affairs
▼ + stars: | 2024-03-06 | 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 EmailAnalyst discusses the impact a possible Trump presidency will have on Asian foreign affairsCharles Lipson of the University of Chicago calls Donald Trump "unpredictable" and says foreign adversaries might find it difficult to deal with him.

Persons: Trump, Charles Lipson, Donald Trump Organizations: University of Chicago

☆ Trump’s Tax Cut Fueled Investment but Did Not Pay for Itself, Study Finds
▼ + stars: | 2024-03-04 | by ( Jim Tankersley | ) www.nytimes.com time to read: +1 min

The corporate tax cuts that President Donald J. Trump signed into law in 2017 have boosted investment in the U.S. economy and delivered a modest pay bump for workers, according to the most rigorous and detailed study yet of the law’s effects. Those benefits are less than Republicans promised, though, and they have come at a high cost to the federal budget. The corporate tax cuts came nowhere close to paying for themselves, as conservatives insisted they would. The study is the first to use vast data from corporate tax filings to draw conclusions about the Tax Cuts and Jobs Act, which passed with only Republican support. Its findings could help shape debate on renewing parts of the law that are set to expire or have begun to phase out.

Persons: Donald J, Trump Organizations: Republicans, Princeton University, University of Chicago, Harvard University, Treasury Department, Trump Locations: U.S

☆ Here's the No. 1 way people who are good at making small talk connect with people
▼ + stars: | 2024-02-29 | by ( Charles Duhigg | ) www.cnbc.com time to read: +4 min

Craft your questions to hit these three notesNearly any question can be remade into a deep question. The key is understanding three characteristics: A deep question asks about someone's values, beliefs, judgments, or experiences — rather than just facts. One forthcoming study found a simple approach to generating deep questions: Before speaking, imagine you're talking to a close friend. A deep question asks people to talk about how they feel. But studies show people are nearly always happy to have been asked, and to have answered, a deep question.

Persons: you've, You've, —, Nicholas Epley, Epley, Michael Yeomans, Charles Duhigg Organizations: University of Chicago, Harvard, Yorker, The New York Times, Yale, Harvard Business School, CNBC

☆ Former Fed Governor Randy Kroszner: Don't expect a June rate cut to be 'baked in the cake'
▼ + stars: | 2024-02-29 | 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 EmailFormer Fed Governor Randy Kroszner: Don't expect a June rate cut to be 'baked in the cake'Randy Kroszner, University of Chicago’s Booth School of Business professor of economics and former Federal Reserve Governor, joins 'Squawk on the Street' to discuss the January personal consumption expenditures (PCE) price index data, the impact on the Fed's rate path outlook, and more.

Persons: Randy Kroszner Organizations: Former, University, Chicago’s Booth School, Business, Federal Reserve

☆ A former Democratic senator claimed a GOP congressman impregnated a 20-year-old staffer — and she may face legal trouble over it
▼ + stars: | 2024-02-26 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +2 min

Former Sen. Heidi Heitkamp said Rep. Matt Rosendale suspended his campaign because he impregnated a staffer. 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 . AdvertisementFormer Sen. Heidi Heitkamp is facing potential legal action after she said a Republican congressman impregnated a young staffer. Advertisement"This is 100% false and defamatory and former Sen. Heitkamp will be hearing from our lawyers soon," said Kovach.

Persons: Sen, Heidi Heitkamp, Matt Rosendale, —, Heitkamp, Kevin McCarthy, Donald Trump's, Tim Sheehy, Ron Kovach, who's, Kovach Organizations: Service, Republican, North Dakota Democrat, House Republicans, Business, University of Chicago's Institute of Politics Locations: Montana, Rosendale

☆ Dartmouth, Northwestern, Rice and Vanderbilt settle financial aid lawsuit
▼ + stars: | 2024-02-24 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +4 min

New York CNN —Four more private universities have agreed to settle a lawsuit which alleged they violated antitrust laws in determining financial aid amounts for admitted students, according to court documents filed Friday. Dartmouth College, and Rice, Vanderbilt and Northwestern universities agreed to pay a total of $166 million to settle claims filed in a 2022 class action lawsuit alleging the schools colluded on the amount of financial aid awarded to students, while favoring applicants from wealthier families. In 2022, the University of Chicago agreed to settle for $13.5 million. “Nearly 15% of this year’s first-year class is attending Dartmouth without responsibility for paying tuition, housing, meals and many other fees, and more than half of the class receives some form of financial aid. Meanwhile, Dartmouth, Rice, Vanderbilt and Northwestern’s settlements range from $33.75 million to $55 million each.

Persons: Brown, Emory, ”, “, Robert Gilbert Organizations: New, New York CNN, Dartmouth College, Vanderbilt, Yale, University of Chicago, CNN, University, Dartmouth, ” Rice University Locations: New York, Rice, Northwestern, Columbia, Duke, Dartmouth

☆ Meet the 'forgotten middle' of Americans over 75 about to face a rocky retirement
▼ + stars: | 2024-02-20 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +6 min

The 'Forgotten Middle' group might face difficulties affording necessary housing and care. AdvertisementA crisis is ballooning for middle Americans of retirement age. ”They focused on the potentially bleak financial futures of what they term the "Forgotten Middle." AdvertisementThat “Forgotten Middle” group is only expected to get bigger and more diverse. A University of Southern California and Columbia University analysis found that homeownership rates for lower-income “Forgotten Middle” Americans have fallen by 31% from 1994 to 2018.

Persons: —, ” Sarah Rayel, they’re, ” Rayel, There’s, Sen, John Hickenlooper, won’t Organizations: Service, University of Chicago, Health, University of Michigan, Medicaid, University of Southern, Columbia University, Consumer Finances, National Council, Aging, AARP, Democrat, Savings Locations: NORC, University of Southern California, Colorado

☆ Deepfake porn is a huge problem — here are some of the tools that could help stop it
▼ + stars: | 2024-02-18 | by ( Polly Thompson | ) www.businessinsider.com time to read: +7 min

"The overall percentage is now lower, but the overall volume of deepfake content which is pornographic has exploded," Ajder said. Deepfake porn of pop superstar Taylor Swift has raised awareness of the issue. Criminal deterrentsThis has had an effect on legislation in the UK, where the Online Safety Act has made it illegal to distribute deepfake porn — but not to create it. AdvertisementThough hard to prosecute, criminalizing deepfake porn is still an important deterrent, in his view. In India, a deepfake porn scandal involving Bollywood actresses spurred the government to fasttrack legislation and pressure the big tech companies to prevent AI-generated content from being spread online.

Persons: —, Trace, Henry Ajder, Midjourney, Ajder, Taylor Swift, Bauer, Griffin, Elon Musk, Biden, ChatGPT, they're, it's, Ben Zhao, Joe Biden, Joe Morelle, deepfakes, criminalizing Organizations: Service, BBC News, Google, Meta, Coalition, telltale, University of Chicago, NPR, Anadolu, Getty, Associated Press, Federal Communications Commission Locations: Deepfakes, British, New York, New Hampshire, India

The reported death in prison of Alexei Navalny, Russian President Vladimir Putin’s most prominent political rival, sent shockwaves throughout Russia and the world on Friday – even if some were unsurprised by the outcome. “There is no doubt that the death of Navalny was the consequence of something Putin and his thugs did,” U.S. President Joe Biden said in remarks at the White House on Friday. The Latest Photos From Ukraine View All 91 ImagesHere is what you need to know about Navalny, his death and Russia’s handling of political prisoners. Who Was Alexei Navalny? Navalny later participated in several mass protests and lobbed criticisms more directly at Putin and other Kremlin officials.

Persons: Alexei Navalny, Vladimir Putin’s, Putin, Navalny, Joe Biden, “, ” Konstantin Sonin, ” Navalny, Yulia Navalnaya, Navalnaya, ”, Leonid Volkov, Navalny’s, Evan Gershkovich, Ilya Yashin, Vladimir Kara, Murza, Alexei Gorinov, Maria Ponomarenko – Organizations: White, overdevelopment, Associated Press, Reuters, Washington Post, University of Chicago, Ukraine, Munich, Russia’s Federal, Service, Nenets Autonomous, Tass, Wall Street Locations: Russian, Russia, U.S, Moscow, Ukraine, Belarus, Germany, Russia’s, Nenets, Nenets Autonomous District, Kharp, Bucha

☆ IRS weighing 'audit selection algorithm' changes for low-income taxpayer credit
▼ + stars: | 2024-02-15 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +2 min

Al Drago | Bloomberg | Getty ImagesAfter vowing to "substantially" reduce audits on a low-income tax credit in September, the IRS confirmed it's taking steps to address the inequity. "We also are testing changes in the audit selection algorithm," that could "remediate the disparate impact that has been occurring," he said. The report pointed to a faulty software algorithm used by the agency that selects who gets audited and noted the earned income tax credit contributed to this disparity. The credit has a high 'improper payments rate'In 2022, about 23 million filers received $57 billion from the earned income tax credit, and the tax break averaged $2,541. For tax year 2023, the credit is worth up to $7,430 for a household with three or more children, according to the IRS.

Persons: Danny Werfel, Al Drago, We've, Werfel, Erin Collins Organizations: Washington , D.C, Bloomberg, Getty, IRS, Stanford University, University of Michigan, U.S . Department of, Treasury, University of Chicago, Senate Finance Locations: Washington ,

☆ People really don't want to tip their Uber and Lyft drivers
▼ + stars: | 2024-02-15 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +4 min

While nearly 90% of food delivery trips get tips, less than a third of Uber and Lyft trips get tips. That’s according to a new study of over 500,000 US gig drivers from Gridwise , a data analytics company and app that helps drivers track their earnings. The study found that nearly 90% of food delivery trips get a customer tip, compared to 75% of grocery delivery trips and 28% of Uber and Lyft ride-hailing trips. AdvertisementOne explanation for why Americans are more likely to tip food delivery drivers over ride-hailing drivers is that many tip them when their order is placed. In comparison, customers generally tip their Uber and Lyft drivers during or after a ride is completed.

Persons: —, Gridwise, Uber, Lyft Organizations: Uber, Service, Business, Gridwise, Stanford, University of Chicago, Pew Research

☆ Americans have $1.13 trillion in credit card debt. Here are some expert tips to help pay yours off
▼ + stars: | 2024-02-12 | by ( Jessica Dickler | ) www.cnbc.com time to read: +2 min

Collectively, Americans now owe $1.13 trillion on their cards, and the average balance per consumer is up to $6,360, both historic highs. More from Personal Finance:Average credit card balances jump 10% to a record $6,360Credit card debt hits a 'staggering' $1.13 trillionAmericans can't pay an unexpected $1,000 expense Already, credit cards are one of the most expensive ways to borrow money. The average credit card charges a record high 20.74%, according to Bankrate. Try a 0% balance transfer credit card "My favorite tip is to sign up for a 0% balance transfer credit card," said Ted Rossman, senior industry analyst at Bankrate. Those offers are "just about the best tool you have against credit card debt," added Matt Schulz, chief credit analyst at LendingTree.

Persons: Achilles, Tomas Philipson, Philipson, Ted Rossman, Matt Schulz Organizations: University of Chicago, White House Council, Economic Advisers, Finance

☆ Boeing Disaster Proves Americans Businesses Greedy Mentality Is Broken
▼ + stars: | 2024-02-11 | by ( Linette Lopez | ) www.businessinsider.com time to read: +16 min

They expose decades of American corporate philosophy gone awry. A good American company isn’t just a vehicle for financial returns; it is first and foremost an employer, a contributor to economic and/or technological innovation, and a source of US power. But it’s clear that what Boeing — and the entire American corporate body politic — needs is nothing short of a philosophical counterrevolution. Over these three decades of plenty for Boeing’s shareholders, the company’s staff was asked to penny-pinch. Boeing’s stock cratered, and France’s Airbus , a rival once colloquially known as “Scare Bus,” started to eat the American company’s lunch .

Persons: it’s, could’ve, William Lazonick, “, It’s, won’t, William McGee, T.A, Wilson, Frank Shrontz, Max, Peter Robison, —, ”, Dave Calhoun, we’ve, Scott Kirby, hasn’t, “ We’re, Lazonick, wasn’t, Milton Friedman, Michael Jensen, Jensen, nary, Jack Welch, Welch, Wall, ” Lazonick, We’ve, Mary Barra, ” McGee Organizations: Alaska Airlines, Boeing, Investments, University of Massachusetts, ”, NASA, Airbus, Alaska Airlines Max, Wall, United Airlines, Federal Aviation Administration, CNBC, Washington, University of Chicago, Electric, Wall Street, GE, Dow Jones, Securities and Exchange Commission, Reality Labs, Deutsche Bank, Business, General Motors, United Auto Workers, Companies, GM, & $ Locations: Washington, America

☆ What is a typical degree of cognitive ability for a person in their 80s?
▼ + stars: | 2024-02-09 | by ( Mira Cheng | ) edition.cnn.com time to read: +10 min

How we change as we ageA decline in cognitive abilities is a normal part of healthy aging, said Dr. Emily Rogalski, Rosalind Franklin Professor of Neurology at the University of Chicago. A diagnosis of mild cognitive impairment is made clinically when cognitive difficulties become frequent and fall outside what is considered normal aging. “There’s not a whole lot of good evidence that there’s anything special about age 80 that leads to a drop-off” in cognitive abilities, Mather said. And they use cognitive tests, such as the Mini Mental Status Exam (MMSE) or Montreal Cognitive Assessment (MOCA), to assess performance in different cognitive areas. Although population-level data associates aging with cognitive decline, the actual manifestation of aging is very diverse on an individual level, Rogalski said.

Persons: Joe Biden, Donald Trump, Biden, Trump, Nikki Haley, Nancy Pelosi, Emily Rogalski, Rosalind Franklin, ”, Molly Mather, “, Angela Roberts, Roberts, “ There’s, Mather, MMSE, We’re, ” Mather, Nir Barzilai, Rogalski, “ We’ve, superagers, Barzilai, “ It’s, Dr, Sanjay Gupta, ” Roberts Organizations: CNN, House, Republican, NBC, Neurology, University of Chicago, UCSF, Aging, Northwestern University’s Feinberg School of Medicine, National Institute, Western University, Institute for Aging Research, Albert Einstein College of Medicine, American Federation for Aging Research, Trump, Biden, Get CNN, CNN Health, ” Locations: Mexico, Egypt, Montreal

Search resuls for: "University of Chicago"

25 mentions found