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Student loan relief on pause correction
  + stars: | 2024-06-26 | by ( ) www.cnbc.com   time to read: 1 min
Judge Ross agreed with the states that the relief plan would likely reduce the fees the government pays to the Missouri Higher Education Loan Authority, or Mohela, for servicing its federal student loans. An earlier version misstated the name of the agency.
Persons: Ross Organizations: Missouri Higher Education Loan Authority Locations: Missouri
Rampant Identity Theft Is Taxing the I.R.S.
  + stars: | 2024-06-26 | by ( Alan Rappeport | ) www.nytimes.com   time to read: +1 min
Rampant identity theft has overwhelmed the Internal Revenue Service, resulting in a backlog of 500,000 unresolved fraud cases, leaving taxpayers without refunds and credits that they are due, the agency’s watchdog wrote in a report to Congress on Wednesday. The report by the National Taxpayer Advocate described the slow pace of addressing the identity theft cases as a “blemish” on the performance of the I.R.S., which is in the midst of a sweeping modernization campaign that aims to improve taxpayer services. was criticized by the watchdog for identify theft delays last year, the backlog has gotten only worse. is taking nearly two years to resolve identity theft victims’ assistance cases and has an inventory of approximately 500,000 cases, up from 484,000 cases in September. delays in resolving identity theft victim assistance cases are unconscionable,” Erin Collins, the taxpayer advocate, wrote in the report.
Persons: , ” Erin Collins Organizations: Internal Revenue Service, National Taxpayer
Space barons Elon Musk and Jeff Bezos have long had competing ambitions to take over the skies. Bezos' Blue Origin recently proposed a cap on SpaceX's launches due to environmental concerns. Musk slammed the move and gave the company a new moniker: "Sue Origin." AdvertisementJeff Bezos' rocket company, Blue Origin, thinks the FAA should cap SpaceX's launches — and Elon Musk isn't too pleased about it. Blue Origin recently expressed concerns over the environmental impacts of SpaceX's rocket launches on nearby facilities in a filing to the FAA, which the agency published on Friday.
Persons: Elon Musk, Jeff Bezos, Musk, Sue, , Elon Musk isn't Organizations: Service, FAA, Elon, Business
"Wire $300,000 dollars to bitcoin account within 12 hours," the email to Kirkhorn added, according to the incident report. The case was ultimately suspended and no arrest was ever made, according to the incident report and Dark. AdvertisementSome Tesla workers told BI that tight production deadlines and the intensity of the work could sometimes create a high-pressure environment. We were just standing outside the building waiting to go back to work," one worker, who was there during the ordeal, told BI. The sheriff's office told local news at the time that the building was cleared and there was "nothing to substantiate the presence of a shooter at all."
Persons: , Elon Musk, Musk, Tesla, Zachary Kirkhorn, Zachary Kirkhorn —, Austin Gigafactory, Kirkhorn, Travis, Kristen Dark, SUZANNE CORDEIRO, Austin, Joe Biden, Justin Mathew McCauley of, McCauley's, McCauley, Justin Sullivan, they'd, Apu Gomes, X, Mark Zuckerberg, Zuckerberg, Meta, Sheryl Sandberg, John Lennon Organizations: Service, Business, Securities, Exchange Commission, BI, YouTube, Tesla's, Tesla, Street Journal, Office, Musk, FOX, Austin, Factory, Getty, Elon, SEC, Meta, Twitter, BBC Locations: Austin, Travis, Texas, Nigeria, Justin Mathew McCauley of Minnesota, Minnesota, Fremont , California, Tesla's, Sparks , Nevada, Nevada
A satellite image shows an overview of the International Space Station with the Boeing Starliner spacecraft, June 7, 2024. NASA will have a spacecraft from Elon Musk's SpaceX guide the International Space Station's destruction later this decade, the agency announced Wednesday. The National Aeronautics and Space Administration awarded an $843 million contract to SpaceX to build the so-called "U.S. Deorbit Vehicle." The spacecraft will be designed to guide the football-field-sized research laboratory back into the Earth's atmosphere after retiring in 2030. "It is crucial to prepare for the safe and responsible deorbit of the International Space Station in a controlled manner," NASA said in a press release, with the U.S. Deorbit Vehicle needed to "ensure avoidance of risk to populated areas."
Organizations: International, Boeing, NASA, Elon, SpaceX, National Aeronautics and Space Administration, Deorbit, International Space, U.S . Deorbit
Zumper analyzed median asking rents for apartment listings in the largest 100 U.S. cities by population. Rents have also risen by at least 10% for both one- and two-bedroom apartments in other major metros: Lincoln, Nebraska; Chicago; Buffalo, New York; Madison, Wisconsin; Rochester, New York; and New York City, according to Zumper. What causes rent inflationAt a high level, rent inflation is guided by supply-and-demand dynamics, said Crystal Chen, an analyst who authored the Zumper analysis. Basically, areas with fast-growing rents are seeing demand outstrip the supply of available apartments, while those with falling rents have seen their apartment inventories growing. Rent inflation has fallen substantiallyRent inflation plummeted in the early days of the Covid-19 pandemic.
Persons: Jamie Kelter Davis, Zumper, Crystal Chen, Eric Adams, Fitch, Chen Organizations: Bloomberg, Getty, New, New York City Department of Housing Preservation, Development, Finance, York City Locations: Chicago, U.S, Syracuse , New York, Lincoln , Nebraska, Buffalo , New York, Madison , Wisconsin, Rochester , New York, New York City, Oakland , California, Memphis, Chattanooga , Tennessee, Cincinnati , Ohio, Colorado Springs , Colorado, Irving , Texas, Jacksonville , Florida, Raleigh, Greensboro, Durham , North Carolina, New York, Akron , Ohio, Wichita , Kansas, York
It would latch onto the International Space Station — a nearly 1 million-pound structure roughly the size of a football field — and guide the craft as it plunges out of Earth’s orbit. The federal agency operates the International Space Station alongside Roscosmos, the Russian space agency, which controls a key wing of the station and propulsion modules. The Japan Aerospace Exploration Agency, or JAXA, the European Space Agency and the Canadian Space Agency also play roles in its operations. But the space agency stipulated that it would only require that the vehicle be ready by 2029. In the news release, NASA noted that it is committed to continuing space station operations through 2030.
Persons: Roscosmos, ” Ken Bowersox, Tracy Dyson, , Organizations: CNN, NASA, SpaceX, Space, Japan Aerospace Exploration Agency, JAXA, European Space Agency, Canadian Space Agency, International, ” NASA, Deorbit, Collins Aerospace Locations: Roscosmos, Russian, North Carolina
Even wealthy Americans are struggling to make ends meet
  + stars: | 2024-06-26 | by ( Matt Egan | ) edition.cnn.com   time to read: +3 min
The survey finds a notable increase over the past year of consumers making $100,000 a year or more who are concerned about making ends meet over the next 12 months. That’s up from 21.3% of Americans in that income bracket concerned about making ends meet a year earlier. Among all consumers, about one in three (34.9%) said they are concerned about making ends meet, up from 28.7% a year earlier. Forty-one percent of those between 18 and 35 years old said they are concerned about making ends meet, compared with just 22% of those over 65. For instance, 32.3% of those making $100,000 to $149,999 said they are concerned about making ends meet in the next seven to 12 months, up from 26.5% a year ago.
Organizations: New, New York CNN, Federal Reserve Bank of Philadelphia, Philly Fed, Transportation Security Administration, TSA Locations: New York
New York CNN —Airbus cut its target for how many planes it expects to make this year and next, citing supply chain issues. The tighter-than-expected supply of jets is forcing airlines to adjust their expansion plans, even as they deal with record demand for air travel. That means that passengers could find fewer available seats and fares that are higher than they would be otherwise. But airlines that use Airbus planes have not been without problems, as a number of A320neo jets have been grounded due to problems with their engines. Airfares were down 13% to nearly 19% from those 2022 peaks during the summer travel months last year, as the number of available seats on planes rose by about 15% from a year earlier.
Organizations: New, New York CNN, Airbus, Boeing, Max Alaska Air, Monday Airbus, TSA, Consumer, Bureau of Transportation Statistics Locations: New York, Paris
Washington CNN —Legendary Olympian Michael Phelps on Tuesday ripped the World Anti-Doping Agency and described an inconsistent application of anti-doping rules that is driving frustration among clean athletes and concerns over the future of fair competition. US Anti-Doping Agency CEO Travis Tygart also testified. Why were Chinese athletes treated differently than athletes from other countries? Three years later, news surfaced that some Chinese athletes on that team were not subjected to the same anti-doping rules, casting doubt on the fairness of the competition. Former Olympians Michael Phelps, left, and Allison Schmitt, right, and US Anti-Doping Agency CEO Travis Tygart testify on Capitol Hill on June 25, 2024.
Persons: Michael Phelps, Phelps, Allison Schmitt, ” Phelps, WADA, , , Schmitt, ” WADA, Travis Tygart, Tygart, CHINADA, Trimetazidine, Witold Bańka, , Bańka, “ WADA, ” Bańka, Morgan Griffith, Virginia –, Griffith, they’re, Kathy Castor of, ” Tygart, WADA Schmitt, Jim Watson, CNN’s Amy Woodyatt, George Ramsay, Haley Talbot Organizations: Washington CNN, Doping Agency, House Energy, The New York Times, ARD, Department of Justice, International Olympic Committee, Tokyo Games, CHINADA, Olympic Games, , WADA Lawmakers, Republican, Democrat, People’s, Getty, month’s Locations: Russia, China, trimetazidine, U.S, Paris, Kathy Castor of Florida, People’s Republic of China, AFP
In the 1960s, there were six people of working age for every retired person, according to the World Economic Forum. “What you’re seeing is increased spending on programs like Medicare and Social Security as the baby boomers are aging into those programs. And then of course, fewer workers relative to the number of people who are receiving Social Security and Medicare benefits,” said Dahl. Social Security payments still provide about 90% of income for more than a quarter of older adults in the United States, according to Social Security Agency surveys. But without intervention, the Social Security trust fund will be depleted by the mid-2030s, meaning that only a portion of retirees’ expected benefits will be paid out.
Persons: it’s, Louis, Simona Paravani, , Elon Musk, Kimberly, Clark, Mark Schneider, he’s, Emmanuel Macron, Donald Trump, Molly Dahl, Dahl, Eric Schmidt, ” Schmidt, Goldman Sachs, Stefano Scarpetta, Li Qiang, Juliana Liu, Joyce Jiang, Li, China’s, Xi Jinping, Biden, Max Prosecutors, haven’t, Max, Read Organizations: London CNN, Organisation for Economic Co, Development, Economic, Federal Reserve Bank of St, BlackRock, Disease Control, Congressional Budget Office, CBO, Social Security, Social, Social Security Agency, Google, Summit, Federal Reserve Bank of Richmond, OECD, ” Companies, West Chinese, CNN, EV, Prosecutors, Boeing, Max, US Justice Department, Alaska Air, Justice Department, Federal Aviation Administration Locations: Chad, Niger, Somalia, Samoa, Tonga, Tajikistan, United States, London, China, Beijing, Dalian, Canada, Beijing’s “
The Supreme Court’s right-wing supermajority talks a lot about the importance of history and tradition in deciding cases. The decision, in Securities and Exchange Commission v. Jarkesy, struck down the S.E.C.’s use of in-house judges to bring enforcement actions against securities fraud. If the agency wants to go after securities fraud, it will have to go to federal court. When a lawsuit involves the protection of rights of the public generally, juries have never been required. Its impact will reach far beyond securities fraud, hamstringing similar tribunals in agencies responsible for the environment, public health, food and consumer safety, worker protections and much more.
Persons: , Sonia Sotomayor, Elena Kagan, Ketanji Brown Jackson Organizations: Securities, Exchange Commission
"It was harder than the initial assault," Kostial said of being stalked. The Aetna NDA only silenced her about the terms of her settlement, not the sexual assault. Kostial has discussed her situation with Vincent White, a New York city-based lawyer who specializes in workplace NDAs and advises signatories on the risks associated with breaking them. Kostial is fearful that if they wed, her wife's finances could be affected if either SAP or Aetna pursues her for breaking her NDA. AdvertisementWhenever she's seized by anxiety, Kostial reminds herself of how hard she's fought to move past the sexual assault and why she's coming forward.
Persons: , Ashley Kostial, she'd, She'd, Kostial, abrasions, Aetna, Brad Schleier, Schleier, hadn't, NDAs, Taylor Glascock, Kira, She's, Nina Wasow, Jodi Short, Evan Starr, Morton , Illinois Taylor Glascock, galling, Vincent White, White, Zelda Perkins, Harvey Weinstein's, Julie Macfarlane, she's, Hey Ashley —, he'd Organizations: Service, SAP, Marriott, Business, Ariba, Aetna, Aetna NDA, BI, University of California College of the, San, National Labor Relations Board, University of, Plano Police Department Locations: Plano , Texas, Plano, Phoenix, spokespeople, Aetna, Berkeley , California, California, New York, New, Maryland , New Jersey, New Mexico, But Arizona, San Francisco, NDAs, Morton ,, Oakland, Texas, Arizona, Illinois
Routing through ChinaChina Telecom, China Mobile and China Unicom have long been in Washington's crosshairs. The FCC denied China Mobile's application to provide telephone service in 2019 and revoked China Telecom and China Unicom's licenses to do the same in 2021 and 2022 respectively. It cited at least nine instances where China Telecom misrouted internet traffic through China, putting it at risk of being intercepted, manipulated or blocked from reaching its intended destination. China Telecom has previously denied the government's allegations and told U.S. agencies that routing problems are common and occur on all networks. China Telecom did not respond to requests for comment about its U.S. based PoPs.
Persons: Peter Parks, Biden, China Unicom, Doug Madory, Bill Woodcock, Alibaba Organizations: HK, China Mobile, Peter, AFP, Getty, China Telecom, Authorities, Commerce Department, China, Commerce, Embassy, Reuters, Washington, Regulators, China China Telecom, FCC, U.S, Justice Department, PoPs Locations: China Mobile, China, Beijing, United States, Washington, crosshairs, U.S
The National Transportation Safety Board issued a series of recommendations on Tuesday aimed at preventing the type of freight train derailment that occurred last year in East Palestine, Ohio, when 38 rail cars operated by Norfolk Southern came off the tracks. The safety agency also faulted Norfolk Southern for concluding that the hazardous material being transported on 11 of the rail cars was at risk of exploding. That conclusion led to a “vent and burn,” in which toxic chemicals were released and incinerated, resulting in vast plumes of dark smoke rising above the town. The controlled burn forced many residents of the town to evacuate. had previously raised doubts about the need for a vent and burn and at a meeting in East Palestine on Tuesday, the agency said the railway had “misinterpreted and disregarded evidence” in reaching that conclusion.
Persons: Norfolk Southern Organizations: Transportation Safety, Norfolk, Norfolk Southern Locations: East Palestine , Ohio, East Palestine
New York CNN —Millions of Miniverse toy sets made by toymaker MGA Entertainment have been recalled because they pose a serious risk of skin burn, eye and respiratory irritation when touched, inhaled or ingested, the US Consumer Product Safety Commission said Tuesday. The recall involves the “Make it Mini” sets which contain resins that, when liquid, can cause those injuries and irritations to young children and adults alike. The CPSC also found that the resins contain chemical compounds called “acrylates” in amounts that are prohibited in children’s products. The CPSC said MGA Entertainment has received 26 reports of incidents with the toy sets from children and adults, including reports of skin burns and irritation, and respiratory irritation, with one report that it triggered a case of asthma in the user. 21 million Miniverse toy sets are being recalled due to danger of skin burn, eye and respiratory irritation.
Persons: irritations, Multipack Organizations: New, New York CNN, toymaker MGA Entertainment, US Consumer Product Safety, MGA Entertainment, Consumer Product Safety, UPC, Target, Walmart, ALDI, Hobby, MGA Locations: New York, Canada
If you've been waiting until the last minute in hopes of snagging a July 4 travel deal, it's time to take the plunge. Katy Nastro, a travel expert at Going, tells CNBC Make It that holding out for a super-cheap flight is a strategy that is likely to backfire. "You don't want to wait any longer hoping and praying that some magic cheap flight is going to drop in price by 50%," she says. You're more likely to find a better price on winter holiday flights than you are for the July 4 holiday. "You're more likely to find a better price on winter holiday flights than you are for the July 4 holiday," she says.
Persons: you've, snagging, Katy Nastro, Nastro, Tang Ming Tung, Izusek, Erlon Silva Organizations: CNBC, TSA, Airlines, Google, Tri Locations: Katy
For years, the United Nations Relief and Works Agency sent millions of dollars each month to Gaza to pay employees and support hospitals, schools and other infrastructure, according to a new lawsuit. About 100 Israeli plaintiffs — including at least one who was held hostage by Hamas in Gaza, others who survived the attack, as well as the estates of some who died — are seeking unspecified financial damages. They claim that UNRWA is liable because it helped fund Hamas, which the United States and other countries deem a terrorist organization. UNRWA has been sued several times since the attacks, with some cases claiming that the agency has abetted Hamas and others attempting to cut off UNRWA’s funding. The case filed on Monday goes further, describing how the plaintiffs believe agency money ended up in the hands of Hamas and how the terrorists used its resources in the attack on Israel.
Persons: Organizations: United Nations Relief, Works Agency, West Bank, UNRWA Locations: Gaza, New York, Israel, Manhattan, United States
San Miguel Gate, Tohono O’odham Nation CNN —The thermometer hit 111 Fahrenheit as we rolled up to a battered tent deep in the Tohono O’odham Nation reservation in Arizona. Chairman Verlon Jose, leader of the Tohono O’odham Nation, considered addressing them, and then turned away. CNNPeople wait to be taken in by Border Patrol after crossing the US-Mexico border near the San Miguel gate on the Tohono O'odham reservation, Arizona in June 2024. Evelio Contreras/CNNYou could drive for miles on the sprawling Tohono O’odham reservation without encountering anyone beside the free-ranging cattle. Some Tohono O’odham Nation members put out water or food for the migrants, others are afraid to.
Persons: Verlon Jose, , Evelio Contreras, Jose, ” Jose, Katie Hobbs, we’re, Annette Mattia, “ We’re, you’ll, ” Annette Mattia, , Ariel Mattia, Raymond Mattia's, who’ve, CNN –, ” Norma, You’ve, ain’t, Mike Wilson, ” Wilson, Raymond Mattia, ” “, Mattia, Biden, That’s, Trump, CNN’s Rachel Clarke Organizations: CNN, Patrol, Border Patrol, US Border Patrol, US Customs, Border Protection, CNN CNN, Customs and Border Protection, CBP, San, CNN Migrants, CNN Border Patrol, CNN Security, US, Plymouth Rock Locations: Miguel Gate, Arizona, Pima County , Arizona, Mexico’s, Cortez, Mexico, United States, San Miguel, Arizona’s Tucson, Menagers, , Arizona, Pima County, America, Tucson, Arizona's, illegals, American, Atlanta
It's wild how many job listings might be fake
  + stars: | 2024-06-23 | by ( Tim Paradis | ) www.businessinsider.com   time to read: +5 min
Companies often post bogus roles to ease employees' concerns about being overworked and signal that the organization is growing, said Resume Builder, which recently found three in 10 employers have fake job listings. The reasons for listing fake jobs included signaling that the employer was willing to hire from outside the organization. Haller said employers that dangle fake listings risk hurting themselves by undermining their reputations. AdvertisementFake listings can lead to real jobsAbout seven in 10 of the fake jobs were on a company website or LinkedIn, according to the survey. And, yet, despite all the shenanigans, many fake listings often lead to real interviews — and even employment.
Persons: , Stacie Haller, it's, Haller, there's, you'll, That's Organizations: Service, Business
The Federal Bureau of Investigation is offering an award for information about two wildfires in southern New Mexico that left two people dead, prompted the evacuation of thousands and scorched more than 24,000 acres. The agency is offering up to $10,000 for information leading to the arrest and conviction of the “person or persons responsible for starting the fires” near the village of Ruidoso, N.M, the agency said in a statement. asked for the public’s help in identifying what sparked the blazes. Margot Cravens, a spokeswoman for the F.B.I.’s field office in Albuquerque, declined to comment on Sunday evening but confirmed that the agency was assisting with the investigation. The South Fork and Salt fires began on June 17 amid sweltering temperatures and were still burning on Sunday evening.
Persons: Margot Cravens Organizations: Federal Bureau of Investigation, Mescalero Apache, U.S . Forest Service Locations: New Mexico, Ruidoso, Albuquerque, U.S
Here’s the latest:• Heat wave shifts to mid-Atlantic: As heat alerts persist for over 100 million people over the weekend, the extreme heat risk will spread from the Ohio Valley on Saturday to the Mid-Atlantic on Sunday. Highs across the Ohio Valley and Mid-Atlantic have been 10 to 15 degrees above average. “An intense heat wave will continue across the Mid-Atlantic, where record high temperatures are likely,” the National Weather Service said Saturday. • Flooding prompts evacuations in Iowa: In Rock Valley, Iowa, all homes north of Highway 18 were evacuated amid high floodwaters Saturday. On Sunday, storms are possible across New England and southwestward though the Mid-Atlantic, Ohio Valley and Tennessee Valley, according to the weather service.
Persons: It’s, , , Daniel Heitritter, Kim Reynolds, Regan Smith, Smith, Sioux Falls Mayor Paul TenHaken, TenHaken, Tim Walz, ” Walz, Andres Leighton Organizations: CNN, National Weather Service, Baltimore, Iowa Gov, , Emergency, Sioux Falls Mayor, Saturday, Gov, Minnesota National Guard, FBI, Swiss Chalet, South, Storm Prediction Locations: New Mexico , Iowa, Minnesota, South Dakota, Ohio, California , Arizona, Utah, Baltimore, Washington, DC, Iowa, Rock Valley , Iowa, Spencer Saturday, • Iowa, Rock, Wisconsin, Sioux Falls , South Dakota, City, Sioux Falls, Sioux, Mexico, New Mexico, Ruidoso , New Mexico, New, New England, Mississippi Valley, Lakes, Mississippi, Atlantic, Ohio Valley, Tennessee, England, New Hampshire, Vermont
The U.S. ambassador to Mexico, Ken Salazar, announced on Friday that inspections of avocados and mangos made by U.S. Agriculture Department workers in Michoacán, a state in western Mexico, would “gradually” resume. It was not immediately clear when that would happen. And Mr. Salazar seemed to suggest that the security concerns that had prompted the suspension last weekend had not been fully addressed. “It is still necessary to advance in guaranteeing their security before reaching full operations,” he said in a statement, referring to the U.S.D.A. inspectors.
Persons: Ken Salazar, mangos, Mr, Salazar, Organizations: U.S . Agriculture Department, U.S, Embassy, Plant Health, Service Locations: Mexico, U.S, Michoacán, United States
CNN —The US Secret Service on Friday laid out the security measures for the Republican National Convention in Milwaukee next month, including a perimeter that will prevent protesters from gathering at a large park near the venue. The RNC convention will take place at the Fiserv Forum, upper right, just a few blocks northwest of Pere Marquette Park in Milwaukee, as seen on May 14, 2024. Mike De Sisti/The Milwaukee Journal Sentinel/USA Today NetworkFriday’s announcement comes after a monthslong dispute between the Secret Service and the GOP over security measures around the convention, which will take place from July 15 to 18. The party had accused the agency of ignoring its concerns, while the Secret Service said Republicans were undermining efforts to keep the event safe. In April, Republican National Committee counsel Todd Steggerda sent a letter asking the Secret Service to keep protesters farther back from the convention than what had been planned at the time.
Persons: Audrey Gibson, Donald Trump, Nick DeSiato, Mike De Sisti, Todd Steggerda, , Kimberly Cheatle, Trump, Steve Bannon, it’s, we’re, ” Cheatle, CNN’s Alayna Treene, Shania Shelton Organizations: CNN, Service, Republican National Convention, Pere Marquette Park, Fiserv, Secret, Secret Service, RNC, Milwaukee, Milwaukee Journal Sentinel, USA, GOP, Republican National Locations: Milwaukee, Pere
How does the planetary health diet compare to other diets? But what makes the planetary health diet different from other popular eating patterns like the Mediterranean diet or the heart-healthy DASH diet? And maybe in higher quantities than the planetary health diet, because it's not looking specifically at planetary health," Vadiveloo notes. The planetary health diet also places more limits on total fat consumption than the DASH diet does, she adds. The popular diet has a higher emphasis on unsaturated fat components like olive oil and fish compared to the planetary health diet.
Persons: Vadiveloo, wasn't, it's Organizations: Lancet, University of Rhode, American, Nutrition, U.S . Environmental Protection Agency, CNBC Locations: University of Rhode Island
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