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☆ World leaders, veterans, commemorate D-Day's 80th anniversary in Normandy
▼ + stars: | 2024-06-06 | by ( ) www.cnbc.com time to read: +4 min

Veterans and world leaders gathered in Normandy on Thursday to mark the 80th anniversary of the June 6, 1944 D-Day landings, when more than 150,000 Allied soldiers arrived in France by sea and air to drive out the forces of Nazi Germany. With war raging in Ukraine, on Europe's borders, this year's commemoration of this major turning point in World War Two will carry special resonance. Leaders are set to draw parallels with World War Two and warn of the dangers of isolationism and the far-right. Under glorious blue skies, they were joined by a collection of Second World War jeeps. But Russia, which launched a full-scale invasion of Ukraine in 2022, touching off Europe's biggest armed conflict since World War Two, was not invited.

Persons: Joe Biden, Bob Gibson, Biden, Emmanuel Macron, Volodymyr Zelenskiy, Britain's King Charles ,, Olaf Scholz, Brigitte Perdrix Organizations: Commando, Veterans, Reuters Locations: Gold, Asnelles, France, United Kingdom, United States, Normandy, Nazi Germany, Ukraine, U.S, Arromanches, Normandy's Utah, Ukrainian, Ver, Russia, European, Colleville, Trouville

☆ 'House of the Dragon' Season 2 Review: 'GOT' Prequel Gets Even Better
▼ + stars: | 2024-06-06 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +5 min

Was it when Alicent Hightower placed her son Aegon II on the throne? Was it when Alicent's second son, Aemond, killed Rhaenyra's son, Lucerys Velaryon, on dragonback? AdvertisementEwan Mitchell as Aemond Targaryen in "House of the Dragon" season two. Tom Glynn-Carney as Aegon II Targaryen in "House of the Dragon" season two. "House of the Dragon" season two premieres June 16 on HBO.

Persons: —, Rhaenrya Targaryen, Alicent Hightower, Alicent's, Aemond, Rhaenyra's, Lucerys, Rhaenys, Ewan Mitchell, Ollie Upton, Lord Corlys Velaryon, Aegon's, Rhaenyra, Emma D'Arcy's, Rhaenrya, Olivia Cooke, grapples, Jacaerys, Joffrey, Theo Whitman, Tom Glynn, Carney, Laena Velaryon's, Baela, Matt Smith's Daemon, willy, nilly Organizations: Service, Aegon, Business, Great Council, HBO, Greens

☆ SpaceX Starship gets green light for fourth test flight
▼ + stars: | 2024-06-04 | by ( Ashley Strickland | Jackie Wattles | ) edition.cnn.com time to read: +5 min

CNN —SpaceX has received a launch license authorizing the fourth test flight of its massive moon rocket. A livestream of the flight test will be available on SpaceX’s website about 30 minutes before liftoff. “In addition, the FAA approved the mission profile that included a controlled and uncontrolled entry of the Starship vehicle. After the explosive first and second Starship test flights, the company immediately sought to frame these mishaps as successes. The nearly hour-long third test flight, conducted in March, achieved several milestones before breaking apart after reentry, rather than splashing down in the Indian Ocean.

Persons: “, “ We’re, Elon Musk Organizations: CNN, SpaceX, Federal Aviation Administration, Super, FAA, NASA Locations: Boca Chica , Texas, Gulf, Mexico, United States, China

☆ Biden hints Netanyahu is dragging out Gaza war for political survival
▼ + stars: | 2024-06-04 | by ( Kevin Liptak | ) edition.cnn.com time to read: +5 min

“Whether he would change his position or not, it’s hard to say, but it has not been helpful,” Biden said. Speaking on Tuesday after the interview was published, Biden again acknowledged the pressures facing Netanyahu when asked if the prime minister was “playing politics” with the war in Gaza. Relations between Biden and Netanyahu have become strained in recent months as the war drags on. The ICC is something that we don’t, we don’t recognize,” Biden said when asked whether he believed Israel had committed war crimes in Gaza. In the interview, Biden declined to place blame directly on Netanyahu for any security failings.

Persons: Joe Biden, Benjamin Netanyahu, Israel, ”, Netanyahu, ” Biden, Netanyahu’s, “ Bibi, Biden, John Kirby, Biden’s, “, we’ll, Bibi Netanyahu, ” Kirby, they’ve, ” CNN’s Donald Judd Organizations: Washington CNN, White, National Security, International Criminal, ICC Locations: Gaza, Washington, Israeli, Israel

☆ After paying $25,000 of credit-card debt, I'm ready to make the most of my clean slate
▼ + stars: | 2024-06-03 | by ( Kelly Burch | ) www.businessinsider.com time to read: +5 min

At the beginning of the year, I was facing nearly $30,000 in credit-card debt. When December ticked into January, I knew it was time to face something I had been putting off: my credit-card debt. This compounded my stress about my credit-card debt. I had $5,000 in credit-card debt left after that, and I'm following my budget to pay that off. Now, I'm determined to use my clean slate to set up a solid financial future, not one built on debt.

Persons: —, I've, I'd, I'm Organizations: Service Locations: Italy

☆ José Mourinho: Fenerbahçe appoints two-time Champions League winner as new coach, fans give him rapturous reception
▼ + stars: | 2024-06-03 | by ( Ben Morse | ) edition.cnn.com time to read: +2 min

CNN —José Mourinho received a rapturous welcome from Fenerbahçe fans after being unveiled as the club’s new manager on Sunday. “I want to thank you for your love, the love that I felt from the first moment where my name was first connected with Fenerbahçe,” Mourinho said. He is a Champions League winner at Inter Milan and Porto, Europa League winner with United and Conference League winner with Roma. “I want to work for Turkish football, I want to work for the Turkish league. I want to help to improve [it], but the most important thing for me is not Turkish football, it’s not the Turkish league, it’s Fenerbahçe.

Persons: CNN — José Mourinho, Ali Koç, “, ” Mourinho, it’s, Erdem Sahin, Shutterstock Mourinho, İsmail, Koç, Mourinho, ” Organizations: CNN, Italian, AS Roma, Chelsea, Inter Milan, Real, Manchester United, Champions, Europa League, United, Conference League, Roma, “, Turkish, Galatasaray, season’s Champions League Locations: Portuguese, Real Madrid, Porto, Turkish

☆ Nigel Farage enters UK election race, in more bad news for Sunak’s Conservatives
▼ + stars: | 2024-06-03 | by ( Christian Edwards | Luke Mcgee | ) edition.cnn.com time to read: +5 min

While that might not be enough to win Reform more than a few seats, it could contribute to the Conservatives losing dozens more seats to Labour. The Conservatives’ Farage problem will not fade soon. As well as becoming leader, Farage announced he is “coming back for the next five years.”“We already know that the Conservative Party will be in opposition. The weaker the Conservative Party is after the election, the more heat Farage can put on them. There are as many in the Conservative Party who find Farage appalling as there are who’d like to see him join the party.

Persons: Nigel Farage, ”, Farage, Rishi Sunak, Donald Trump, “, I’ve, It’s, Farage’s, Sunak Organizations: London CNN, Conservative Party, European Union, Reform, Independence Party, UKIP, Conservatives, Labour Party, Labour, Tories, Conservative Locations: Clacton, Manhattan, London, Rwanda

☆ Taiwan celebrities Mayday, Jolin Tsai in crossfire of political battle as tensions with China rise
▼ + stars: | 2024-06-03 | by ( Nectar Gan | ) edition.cnn.com time to read: +8 min

On Douban, a popular site for reviewing movies, books and music, users compiled a list of nearly 100 Taiwanese celebrities, detailing whether each of them had shared the post. On Saturday, CCTV publicly endorsed Taiwanese celebrities who shared its post, sharing the screenshots of 36 such reposts – fueling a further backlash against those who hadn’t. On Monday, Taiwan’s Mainland Affairs Council weighed in, accusing the Chinese Communist Party of requiring Taiwanese artists to express a political stance. The remarks and retweets by Taiwanese artists of the CCTV unification post came against the backdrop of China’s largest show of force around the island in more than a year. “This is not the first time, and probably not the last, that Taiwanese artists are forced to make a political stand in China,” said the leader.

Persons: Mayday’s, Ashin, ”, –, Xi Jinping, Jolin Tsai, Edgar Su, China’s, Beijing’s, ’, Tsai, “, Lin Chen, ” Lin, Lai Ching, Ichiro Ohara, Lai, Zhu Fenglian, ” Zhu, Lin Organizations: CNN, Party, China, Democratic Progressive Party, Cardiff University, Facebook, Mainland Affairs Council, Chinese Communist Party, Communist, Yomiuri Shimbun, Taiwan Affairs Office, “ Locations: Beijing, Taiwan, China, Taipei, Taiwanese, “, Nanchang ”, Singapore, Weibo, ” Beijing

☆ ‘Becoming Karl Lagerfeld:’ A flattering sketch of the controversial designer
▼ + stars: | 2024-06-03 | by ( Caitlin Chatterton | ) edition.cnn.com time to read: +7 min

In “Becoming Karl Lagerfeld” he is brooding, combative and ambitious, sure — but we are equally encouraged to root for him. Despite Dietrich’s protestations, the creators of “Becoming Karl Lagerfeld” seem to side with their muse. Parisian fashion in the 1970s was, “Becoming Karl Lagerfeld” suggests, a scene broadly gatekept by a handful of squabbling men. "Becoming Karl Lagerfeld" intends to plunge the viewer into the heart of 1970s Paris, Monaco and Rome, to "follow the formidable blossoming of this complex and iconic personality," say the show notes. “Becoming Karl Lagerfeld” is, stylistically, a luxurious tribute to ‘70s flair: gorgeous to look at and offering an aggressively humanized look at some of fashion’s biggest names.

Persons: CNN —, Karl Lagerfeld, Daniel Brühl, Jacques de Bascher, Théodore Pellerin, “, ”, Kaiser Karl, Bascher, —, Yves Saint Laurent, Arnaud Valois, King, King Louis XIV, Lagerfeld, Caesar Flickerman, Stanley, Chuck Bass, Ed Westwick, Chanel, Jean, Claude Sauer, Gaby Aghion, Agnès Jaoui, Karl Lagerfeld ”, Saint Laurent, fawning, ” Karl Lagerfeld, couturier Pierre Balmain, ullstein, Marlene Dietrich, Sunnyi Melles, Dietrich, –, Charles Frederick, Worth, ” Claire Wilcox, ” Worth, Caroline Dubois, Abigail Joseph, — Louis XIV, Joseph, Pierre Larousse’s, Schiaparelli, de Organizations: CNN, Hulu, Metropolitan Museum of Art, German, London’s, Albert Museum, ”, Jour, Disney, Peterborough Express ”, Leitrim Advertiser, Dior, Balmain, Givenchy Locations: France, Chloé, Paris, Monaco, Rome, Worth, Peterborough

☆ With Trump, Silicon Valley elites see AI regulation as they see fit
▼ + stars: | 2024-06-02 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +5 min

While Musk hasn't formally endorsed Trump, one reason Silicon Valley heavy-hitters could be gravitating toward a convicted former president is a desire to see less regulation on tech development in America. AdvertisementCuban, a vocal opponent of Trump who has expressed his support for Joe Biden, told Business Insider in an email that he views the support from Silicon Valley and Wall Street billionaires for Trump as "self-serving." "So unless it's very light touch, which is unlikely at this point, the more influence they have over Ai regulation the better the opportunity to advantage themselves." "It's still very early to be imposing regulation," Sacks said. That's not to say every Silicon Valley player investing in AI and Trump hopes to see an unrestrained, Wild West of artificial intelligence development.

Persons: —, Donald Trump, Elon Musk, Shaun Maguire, Trump, David Sacks, Biden, Puck, Sacks, hasn't, Mark Cuban, Joe Biden, Cuban, BRENDAN SMIALOWSKI, Maguire, Sacks didn't, Garry Tan, Y, That's, Chamath, Palihapitiya, Musk, Rishi Sunak Organizations: Service, Silicon, Trump, Business, Sequoia Capital, Venture, Wall, acc, Securities and Exchange Commission, and Wildlife Service, British Locations: Russia, Ukraine, San Francisco, America, Silicon Valley, Cuban

He also warned that the death of any Filipino citizen at the hands of another country in the South China Sea would be “very close” to an act of war. It is also a rare opportunity to hear from, and pose questions to, senior Chinese military leaders. Robert Ward, IISS Japan chair, told CNN he felt Dong’s tone was “more shrill” than he’s seen in previous speeches by Chinese defense chiefs at the gathering. “The strategic environment in Asia has actually got more tense and I think we saw that in the Chinese defense minister’s speech today,” Ward said. “Every year for three years, a new Chinese defense minister has come to Shangri-La,” the official told CNN.

Persons: Dong Jun, ” Dong, ”, Xi Jinping, Dong, Lloyd Austin, ” China’s, “, Lai Ching, China, Ferdinand R, Marcos Jr, Austin –, China “, Robert Ward, he’s, ” Ward, they’ve Organizations: Singapore CNN, Taiwan, National Defense, Communist Party, Democratic Progressive Party, China’s Defense Ministry, South China, Austin, International Institute for Strategic Studies, CNN, US Locations: Singapore, Beijing, Taiwan, United States, China, Taiwan Strait, East, South, South China, Philippines, ”, American, The Hague, Philippine, Ukraine, Dong, Russia, Asia, Pacific, Japan

Bill Ackman, Pershing Square Capital Management CEO, speaking at the Delivering Alpha conference in New York City on Sept. 28, 2023. Billionaire investor Bill Ackman is selling a 10% stake in Pershing Square, aiming to eventually take his investment firm public. Pershing Square had $18.6 billion in total assets under management as of the end of April. Most of its capital is in Pershing Square Holdings, a closed-end fund that trades on European stock exchanges. Ackman has become one of the world's most prominent hedge-fund investors after years of market-topping returns and vocal activist campaigns.

Persons: Bill Ackman, eyeing, Ackman, Ryan Organizations: Pershing, Capital Management, Delivering Alpha, Billionaire, Street Journal, Ryan Israel, Pershing Square Holdings, New York Stock Exchange, Grill, Hilton, Herbalife Locations: New York City, U.S, Israel, North America

☆ Early retirees and financially independent investors share 3 IRS rules they've used to avoid taxes and improve their finances
▼ + stars: | 2024-05-31 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +7 min

Business Insider has spoken to financially independent real estate investors and early retirees who have used IRS rules to improve their financial situation. AdvertisementThough there are a lot of restrictions, it made sense for Cooper, who was fully committed to early retirement. "The longer it's sitting in there, the more money it's going to generate, the more taxes you're going to pay down the road. Zeona McIntyre uses 1031 exchanges to sidestep capital-gains taxes indefinitelyBoulder-based real estate investor and author of "30-Day Stay," Zeona McIntyre. There are ways to reduce your capital-gains tax liability, like deducting your property's depreciation.

Persons: —, Mindy, Carl Jensen, Carl, Mindy Jensen, Mindy Jensen Colorado, they've, Eric Cooper, Eric Cooper Eric Cooper, Cooper, Zeona McIntyre, Zeona McIntyre Zeona McIntyre, you'll, McIntyre, There's Organizations: Service, Business, IRS, Independence Locations: Colorado, I'm, Boulder

☆ A look at US economic data including inflation, jobless claims, and Treasury yields
▼ + stars: | 2024-05-30 | by ( Bryan Mena | ) edition.cnn.com time to read: +5 min

Washington CNN —US economic data released Thursday was broadly disappointing. And mortgage rates inched higher this week, thrusting the average rate back above the psychological 7% threshold. HousingHousing data released Thursday mostly showed that the market remains tough, especially for first-time buyers. The Fed doesn’t directly set mortgage rates, but its actions, which influence yields, do. There were 219,000 first-time claims filed during the week ended May 25, according to Labor Department data released Thursday.

Persons: ” Oren Klachkin, it’s, Freddie Mac, They’re, ” Lawrence Yun, hasn’t Organizations: Washington CNN, Treasury, Federal, Nationwide, Commerce, Housing, Fed, National Association of Realtors, ” Jobs, Labor Department, Dow, Nasdaq Locations: American

☆ A 12-Year-Old Wins Astonishing Spell-Off at Scripps National Spelling Bee
▼ + stars: | 2024-05-30 | by ( Aimee Ortiz | ) www.nytimes.com time to read: +3 min

PinnedTing Shen for The New York TimesTing Shen for The New York TimesCredit... Ting Shen for The New York TimesBruhat Soma held his trophy high after winning the second-ever spell-off at the Scripps Bee. The Scripps National Spelling Bee on Thursday came down to its second-ever spell-off, a fast-and-furious tiebreaking round that rewards speed as much as accuracy. Image Credit... Ting Shen for The New York TimesThe next competitor, Aditi Muthukumar, was asked to spell Lillooet, a Salishan people of the Fraser River valley in British Columbia. Immediately after Aditi came Bruhat, the night’s eventual champion, who correctly spelled “Okvik,” from an Alaskan geographical name. Image Credit... Ting Shen for The New York TimesFaizan, who is from the Dallas area, came in second place after spelling 20 words correctly in the spell-off.

Persons: Ting Shen, The New York Times Ting Shen, Soma, Faizan Zaki, Bruhat, Rishabh Saha, “, Rishabh, The New York Times Shrey Parikh, ”, Ananya Prassanna, YY Liang, Kirsten Santos, “ Jumano, Aditi Muthukumar, Aditi, “ Okvik, The New York Times Faizan Organizations: The New York Times, The New York Times Credit, Scripps Bee, Scripps, Spelling, Texas, Bee, Lone Star State, Texans Locations: Tampa, Fla, —, Philippines, Southwest, South Plains, Lillooet, Fraser, British Columbia, Texas, Dallas, United States, spellers, California, New York

☆ 3 Black men sue American Airlines after being removed from a flight over body odor complaint
▼ + stars: | 2024-05-30 | by ( Meghan Morris | ) www.businessinsider.com time to read: +1 min

Three Black men sued American Airlines, alleging racial discrimination on a January flight. The men were removed because of a body odor complaint from a white flight attendant. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA trio of Black men sued American Airlines on Wednesday, saying they faced racial discrimination on a flight in January. The three men, along with five other Black men, were flying from Phoenix to New York.

Persons: —, Alvin Jackson, Emmanuel Jean Joseph, Xavier Veal Organizations: American Airlines, Service, Business Locations: Phoenix, New York

☆ Judgment day looms for Donald Trump in New York
▼ + stars: | 2024-05-29 | by ( Stephen Collinson | ) edition.cnn.com time to read: +12 min

CNN —Donald Trump, who built a mystique as the brash epitome of power, has never been more powerless to dictate his own fate. In order to convict Trump, jurors must first decide that he falsified financial documents and did so with the express purpose of committing another crime. That was evidenced, today by the Biden campaign themselves holding a rally here,” Don Trump Jr. said. “You cannot convict President Trump,” Blanche said, before repeating himself for emphasis while impressing on the jury the gravity of the historic deliberation that lies before them. “You may say, who cares if Mr. Trump slept with a porn star 10 years before the 2016 election?

Persons: Donald Trump, Judge Juan Merchan, “, Joshua Steinglass, Stormy Daniels, Trump, Daniels, Todd Blanche, Michael Cohen, ”, Blanche, there’s, Joe Biden, Robert De Niro, Biden, —, Don Jr, Eric, ” Don Trump Jr, it’s, Pop Michael Jackson, That’s, Trump’s, Michael Cohen Trump, histrionics, ” Blanche, Cohen, Steinglass Organizations: CNN, Prosecutors, Trump, Hollywood, Capitol, Biden, GOP Locations: New York City, York, New York

☆ Here are Wednesday's biggest analyst calls: Nvidia, Apple, First Solar, Netflix, Disney, Cava, Dell, Snowflake & more
▼ + stars: | 2024-05-29 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are the biggest calls on Wall Street on Wednesday: Bernstein reiterates Nvidia as outperform Bernstein said it's sticking with its outperform rating on the stock. " Argus upgrades Berkshire Hathaway to buy from hold Argus said it's getting bullish on shares of Warren Buffett's multinational conglomerate. UBS reiterates First Solar as buy UBS raised its price target on First Solar to $350 per share from $270. Bank of America reiterates Apple as buy Bank of America said it's bullish on top pick Apple and its entry into iPhones with AI. Bank of America reiterates Dell as buy Bank of America raised its price target on Dell to $180 per share from $130.

Persons: Bernstein, Berkshire Hathaway, Argus, it's, Fluence, LBRT, Jefferies, TD Cowen, Medpace, Cowen, Morgan Stanley, JPMorgan, Wells, Baird, MM120, Truist, Dell, Jack Hartung, Cindy Olsen Organizations: Nvidia, Argus, Warren, UBS, Citi, Liberty Energy, United Airlines, Airlines, American Airlines, " Bank of America, Apple, Bank of America, Netflix, Disney, RBC, Eldorado, Eldorado Gold, BTC, Citi downgrades Bank, JPMorgan, Mind, of America, Norwegian Cruise Line Holdings, Dell, Field Locations: Berkshire, U.S, OFS, United, El Paso, Parks, F4Q, CAVA, Chicago

☆ An influx of new residents to GOP-leaning Montana could be the key voting bloc that decides the state's hotly-contested Senate race
▼ + stars: | 2024-05-28 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

With former President Donald Trump highly likely to win Montana in November, many Republicans believe he'll be able to aid down-ballot candidates like Sheehy. AdvertisementTester, a moderate Democrat, has established a political brand that has defied the state's GOP orientation for nearly 20 years. Greg Gianforte, the Montana legislature passed housing and land-use reform bills that overhauled the construction process — and now permit more housing density. The issue is sure to be a major issue for Tester — as well as the eventual GOP Senate nominee — for a state in transition. National Republicans see Montana as one of their best opportunities to win a "red" seat, especially as many transplants left Democratic-dominated coastal states for a more rustic environment.

Persons: —, Jon Tester, Tim Sheehy, Donald Trump, he'll, Sheehy, it's, Greg Gianforte, Tester Organizations: Service, Senate, GOP, Business, Montana, The New York Times, Census Bureau, GOP Gov, eventual, National Republicans, Democratic, Democrats, Republicans Locations: Montana, California , Oregon, Washington, Bozeman, RVs

☆ US soldiers were stranded on beached Army boats after a storm broke apart the US-built aid pier in Gaza
▼ + stars: | 2024-05-28 | by ( Konstantin Toropin | ) www.businessinsider.com time to read: +6 min

Read previewThe Pentagon said Tuesday that US soldiers had been stuck on three Army boats beached in Gaza over the weekend after high seas and a storm broke apart an aid pier the service built to deliver food to starving Palestinians. Along with the beachings of the Army boats, the storm also battered and broke apart the aid pier — a Joint Logistics Over-the-Shore, or JLOTS, operation by the Army — leaving the future of the key US humanitarian effort uncertain. A truck carries humanitarian aid across Trident Pier, a temporary pier to deliver aid, off the Gaza Strip, amid the ongoing conflict between Israel and the Palestinian Islamist group Hamas, near the Gaza coast, May 19, 2024. AdvertisementHowever, this is also not the first hurdle that the aid mission has encountered since it was announced by President Joe Biden during his State of the Union speech months ago. US Army soldiers and US Navy sailors assemble the floating pier in the Mediterranean Sea to assist in the delivery of humanitarian aid to Gaza.

Persons: —, Sabrina Singh, Military.com, Singh, Joe Biden, you'll Organizations: Service, Pentagon, Army, US Central Command, Business, Hamas, Trident, U.S . Army, REUTERS, US Army, US Navy, US Army Central, Reuters Locations: Gaza, Israel, Palestinian, Ashdod, Tenerife, Africa

☆ Should Elon Musk be paid $56 billion? Tesla shareholders get to vote
▼ + stars: | 2024-05-27 | by ( David Ingram | ) www.cnbc.com time to read: +10 min

Several investors released a joint letter this month urging fellow shareholders to vote down the package as excessive. Tesla shareholders approved the pay package in 2018, with compensation tied to Tesla's performance including its market value. And he still has time to meet goals he hasn't reached, including on revenue, because the pay package had a 10-year term. In the 440-page proxy statement explaining the vote, a committee of the Tesla board noted the "novel circumstances." Some people began sharing screenshots of their votes in April, shortly after the Tesla board announced the vote, and the deadline to vote online is June 12.

Persons: Elon Musk, The Beverly Hilton, Tesla, James Park, Musk, He's, Judge Kathaleen McCormick, McCormick, Nadya Malenko, hasn't, Ann Lipton, Lipton, — I'm, Musk's, there's, —, Rowe Price, didn't, Brad Lander Organizations: SpaceX, Tesla, The Beverly, Wall Street, University of California, CNBC, Bloomberg, Reuters, Boston College's, Tulane University, Disney, New York, Amalgamated Bank . Locations: Beverly Hills , California, U.S, Delaware, Austin , Texas, —, Los Angeles, Texas, New York City

☆ No, Americans Aren’t Completely Stupid About Inflation - The New York Times
▼ + stars: | 2024-05-27 | by ( Peter Coy | ) www.nytimes.com time to read: +1 min

Stefanie Stantcheva was 11 years old in 1997 when annual inflation in Bulgaria, the country from which she and her family had emigrated, surpassed 2,000 percent. “The episode helped shape her eventual decision to study economics,” according to a profile in the International Monetary Fund’s Finance & Development magazine. Inflation and how people perceive it still fascinate Stantcheva, now a professor of political economy at Harvard and the founder and director of its Social Economics Lab. This year she released a pair of papers on the topic, the first about why people dislike inflation and the second, with a pair of co-authors, about how they understand it. Some people will take this as evidence that ordinary Americans are simply wrong.

Persons: Stefanie Stantcheva, we’re, Tom Jensen Organizations: Monetary Fund’s Finance, Development, Harvard, Social, Econ, Public, Democratic Locations: Bulgaria

☆ My ex and I had a nesting divorce. We all lived in the house during the week and alternated staying at an apartment on weekends.
▼ + stars: | 2024-05-26 | by ( Lauren Crosmedlicott | ) www.businessinsider.com time to read: +5 min

At the time, we were living in a large house with our three children, the youngest of whom was 6. We decided to try nestingSince the house was large, we started by taking different bedrooms in the house and splitting our time with the kids. Related storiesDuring the week, when we were both staying in the large house in different bedrooms, we hardly saw each other, but when we did, we were very amicable with one another. Most of their friends either had married parents who lived together, or divorced parents who lived separately. AdvertisementThey also had to move out of this very large home they'd lived in since babies, into two smaller houses.

Persons: Mitzi Campbell, — Organizations: Service

☆ 4 abandoned mansions for sale across the US — and why they're so unsellable
▼ + stars: | 2024-05-26 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +1 min

This seven-bedroom 'zombie mansion' near Portland, Oregon, is listed for $1.3 million. The "zombie" house near Portland, Oregon, is now covered in graffiti. In Tigard, Oregon, about 10 miles outside Portland sits a 9,052-square-foot, seven-bedroom house that's never been lived in. It's been abandoned since 2008, after the builder had complications with his building loan during the recession, the Oregonian reported in December 2023. "The bones are good, and when it's built out, it will be a $3 to $6 million property."

Persons: Eric Squires, It's, Eric Squire, Squire, it's Organizations: Oregonian Locations: Portland , Oregon, Tigard , Oregon, Portland

☆ Three European Nations Recognized a Palestinian State
▼ + stars: | 2024-05-22 | by ( Matthew Cullen | ) www.nytimes.com time to read: 1 min

Leaders of Spain, Norway and Ireland said today that their governments would recognize an independent Palestinian state, despite vehement Israeli and American opposition. Well over 100 other countries have recognized a Palestinian state, but in Europe, Israel had enjoyed broad support. That dynamic has begun to shift as the war in Gaza has dragged on. The U.S. supports the eventual creation of a Palestinian state as part of a two-state solution to the conflict between Israel and the Palestinians, but a White House spokeswoman said today that statehood should be achieved through negotiations, not declarations. Israeli officials denounced the recognition as “a gold medal to Hamas terrorists,” and said they would withhold much-needed tax revenues from the Palestinian Authority.

Persons: Israel Organizations: Palestinian Authority Locations: Spain, Norway, Ireland, Israel, Palestinian, Europe, Gaza, U.S

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