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Money is, simply, "a tool to help you live the life you want to," von Tobel says. Keep it practicalTalk to your kids about money in ways that make sense to them, von Tobel advises. "When you're walking through a store and your child wants something, pick it up [and] show them the price," says von Tobel. Adults often associate money with stress, because they're only thinking about "the things you didn't have," von Tobel says. "Trying to orient kids to have very positive, empowering moments around money early in their lives, we know from data [that] can change their life."
Persons: Alexa von Tobel, Von Tobel, It's, von Tobel, doesn't, Tobel Organizations: Harvard University, Northwestern Mutual, National Financial Educator's, CNBC
New York CNN —A congressional committee investigating campus antisemitism took the unprecedented step of issuing multiple subpoenas to Harvard University on Friday, compelling the Ivy League school to turn over documents lawmakers are seeking. Three different Harvard officials are being subpoenaed: Alan Garber, Harvard’s interim president; Penny Pritzker, the billionaire leader of the Harvard Corporation, the governing board of the school; and N.P. The subpoenas order the Harvard officials to produce a series of documents by 5 pm ET on March 4. That list included meeting minutes since Hamas’ October 7 terror attacks on Israel and communications by university officials related to antisemitism. “Given the breadth and extensive nature of the information Harvard has provided to the Committee, it is unfortunate that the Committee has chosen to issue subpoenas,” Swain said.
Persons: Virginia Foxx, ” Foxx, Nick Barley, Alan Garber, Penny Pritzker, Narvekar, Foxx, Jonathan Swain, , ” Swain, Swain, , “ Harvard’s Organizations: New, New York CNN, Harvard University, Ivy League, Rep, House Education, Workforce Committee, Harvard, CNN, Education, Labor, Harvard Corporation, Harvard Management Company Locations: New York, Israel
Baupost's Seth Klarman dumped several stocks in the fourth quarter, while trimming some of his biggest holdings, including Google and YouTube owner Alphabet , according to a new regulatory filing. The hedge fund manager, who oversees almost $30 billion in assets , exited his stake in Coinbase , which was worth more than $70 million in the third quarter of 2023. After soaring 130% in the fourth quarter, Coinbase has retreated nearly 20% in the first quarter of 2024. Among Baupost's top holdings, the hedge fund cut its stakes in Alphabet , Fidelity National Information Services and Just Eat Takeaway. During his last CNBC appearance in mid-2023, Klarman warned of an "everything bubble," sounding the alarm on cryptocurrencies, SPACs and a host of other speculative trends.
Persons: Baupost's Seth Klarman, Coinbase, Baupost, John, Klarman, Benjamin Graham's, Warren Buffett, Graham, David Dodd Organizations: Google, Dollar, Seagate Technology, Metals, Solutions, Fidelity National Information Services, Liberty Global, CNBC, Boston, Harvard, Cornell grad Locations: Coinbase
Jodi Jacobson | E+ | Getty ImagesMore than 18 million rental units are located in areas exposed to extreme weather hazards, according to the American Rental Housing Report from Harvard University's Joint Center for Housing Studies. While most states have at least one "high-risk" county with 2,000 or more rental units, many are concentrated in California and Florida. How many rentals are at risk in California and FloridaHarvard researchers found the number of rental units exposed to climate hazards in the U.S. by combining an area's risk of economic loss from natural disasters with the number of rental units in those areas, Wedeen said. Florida, for example, has many rental units as well as census tracts, or neighborhoods, that FEMA identified as having at least moderate risk, Wedeen said. Florida has 2.4 million rental units at risk, or about 89% of its rental stock, according to the Harvard study.
Persons: Jodi Jacobson, Sophia Wedeen, Wedeen Organizations: American, Harvard University's, for Housing Studies, Federal Emergency Management, Survey, Joint Center for Housing Studies, Florida Harvard, FEMA, Finance, Harvard Locations: California, Florida, Harvard, U.S
It's by choice, yet she still suffers FOMO when Valentine's Day rolls around. She became a certified matchmaker last year and has organized a speed-dating event ahead of Valentine's Day. Like Valentine's Day, loneliness has become big business, complete with an outpouring of books offering up self help and data. Her best advice for making it through Valentine's Day is as sweet as those candy conversation hearts that circulate this time of year. On Valentine's Day, the project is offering a free Zoom coloring session for anyone who cares to sign up.
Persons: — Elise Plessis hasn't, , , Plessis, She'll, she'll, ” Plessis, Vivek Murthy, ” Murthy, that’s, David Sbarra, crunchers, ” Sbarra, Tori Mattei, She's, I’ve, “ I’ve, ” Mattei, Mattei doesn't, Jeremy Nobel, Nobel, , Kelli Miller Organizations: Associated Press, University of Arizona, Harvard Chan School of Public Health, Foundation for Art & Healing Locations: Manitoba, Canada, U.S, America, Tucson, New York, Manhattan, Los Angeles
Read previewThe youngest generation at work have found a new way to vent their frustrations at working in corporate America: filming themselves getting laid off or fired, and posting it on social media. "From the Gen Z perspective, this woman feels like a hero," Schawbel said about Pietsch. She got followers, she got attention, because of the algorithm and the echo chamber that surrounds her on social media, and on TikTok especially." Social media fame, likes, followers, and comments might create a facade of social connection for some lonely Gen Zers. A lot of recruiters would be wary of hiring someone like that because company’s "don’t want to be the next victim" of a social media rant.
Persons: , Brittany Pietsch, Zers aren’t, they’re, virality, Dan Schawbel, Schawbel, Ben Voyer Organizations: Service, Business, Workplace Intelligence, Harvard Graduate School of Education, BI, Social, Gen Locations: America, Cloudflare
D3sign | Stone | Getty ImagesExtreme weather and climate hazards are becoming more frequent, posing a unique threat not only for homeowners, but for renters. Over 18 million rental units across the U.S. are exposed to climate and weather-related hazards, according to the latest American Rental Housing Report from Harvard University's Joint Center for Housing Studies. While they're a smaller share of the rental stock, 52% of manufactured units are located in areas with extreme weather exposure. "It's sort of a compounding risk when we see these increases in climate hazards and start impacting people who can't afford to move away from the risk." Check what type of disasters are included in your renters insurance policy.
Persons: Sophia Wedeen, Jeremy Porter, Wedeen, Porter Organizations: Harvard University's, for Housing Studies, Harvard, FEMA, Survey, Joint Center for Housing Studies, Finance, NOAA National Centers for Environmental, First Street Foundation Locations: U.S, New York
The number of affordable units — with rents under $600 — also dropped to 7.2 million that year, 2.1 million fewer than a decade earlier. Photos You Should See View All 45 ImagesThose factors contributed to a dramatic rise in eviction filings and a record number of people becoming homeless. "It just hits you like, ‘This is for nothing.’"In Auburn, Massachusetts, pervasive rent hikes have already hit the last bastion of affordable housing. Just off an interstate alongside a pond, residents at the American Mobile Home Park face rent increases upwards of 40%. The group Lawyers For Civil Rights has sent a letter to the landlord accusing it of “unconscionable rent increases," and failing to provide critical services like adequate garbage and snow removal.
Persons: Caitlyn Colbert, Colbert, , , , Whitney Airgood, Obrycki, ” Colbert, haven’t, Amy Case, Ann Urbanovitch, Zach Neumann, Monique Gant, Gant, Nick Graetz, ” Graetz, Chris Herbert, Jared Polis, ___ Casey, ___ Organizations: DENVER, Harvard Joint Center for Housing Studies, Harvard, Habitat, Humanity, American Mobile, Civil Rights, Associated Press, Colorado Judicial, Community Economic Defense, Princeton, , Colorado Gov, America Statehouse News Initiative, America Locations: Denver, U.S, , Auburn , Massachusetts, Colorado, Washington, Massachusetts, Boston
CNN —Turn over a trove of documents about antisemitism on campus or face a subpoena. “If the above priority requests are unfulfilled by the deadline set above, the Committee is prepared to issue a subpoena,” Foxx wrote. Garber, who replaced Claudine Gay after she stepped down last month, has signaled Harvard will cooperate with the House investigation. That document is a set of recommended goals and steps to address antisemitism by Harvard’s antisemitism advisory group. Most of the documents Harvard has turned over are publicly available, including more than a thousand pages of student handbooks and university rules, according to the House committee.
Persons: Virginia Foxx, Foxx, ” Foxx, Alan Garber, Penny Pritzker, Garber, Claudine Gay, Crimson, , Organizations: CNN, House Education, Workforce Committee, Harvard University, Wednesday, Harvard, Ivy League, Harvard Corporation, Defamation Locations: Israel, Harvard
CNN —The Department of Education on Tuesday announced a new investigation into Harvard University’s handling of alleged discrimination on its campus after a federal civil rights complaint was filed late last month against Harvard on behalf of Muslim and Palestinian students. The students said in the complaint that the school failed to protect them from harassment and intimidation, according to the Muslim Legal Fund of America. The Department of Education is already investigating the Harvard and other universities over alleged incidents of antisemitism and Islamophobia on campus. “They are trying to walk the campus but they’re getting accosted because they look like someone who might be Palestinian or Muslim. Earlier this month, Harvard Interim President Alan Garber launched a presidential task force designed to fight Islamophobia and anti-Arab bias.
Persons: Christina Jump, they’re, , MLFA, “ We’ve, ” MLFA, Alan Garber, ” Garber Organizations: CNN, Department of Education, Harvard, Muslim, Fund of America, University, of Education, Civil Litigation Department, ” CNN Locations: Israel
Adam Bodnar, Poland’s new justice minister, recently explained to me the immense challenge of rebuilding liberal democracy in his country after an eight-year slide toward authoritarianism. Imagine, he said, that Donald Trump had won the last election and been in power for two terms instead of one. Poland is a country that has just gone through something like what Trumpists hope to impose on us in a second term. And now it’s trying to repair itself, which is why I flew there last month. The parallels to the backlash against the American Supreme Court’s decision in Dobbs v. Jackson Women’s Health Organization, which overturned Roe v. Wade, were impossible to miss.
Persons: Adam Bodnar, Donald Trump, Trump, Biden, MAGA, , Roe, Wade, that’s, Daniel Ziblatt, Organizations: Jackson, Health Organization Locations: Poland, American, Dobbs v, Warsaw, America
New York CNN —Former Merck CEO Ken Frazier and KKR co-CEO Joseph Bae are joining Harvard University’s top board as the Ivy League school seeks to turn the page on a tumultuous period. Harvard announced the changes on Sunday evening, saying Frazier will start Wednesday to fill the open seat on the Harvard Corporation, the powerful yet secretive board under fire its handling of the recent controversies. Frazier, who graduated Harvard Law School in 1978, served as CEO of Merck and sat on the board of ExxonMobil, is widely respected in the business community. In 2017, Frazier quit former President Donald Trump’s manufacturing council in response to Trump’s initial failure to condemn white supremacists. Bae graduated from Harvard in 1994 and today he’s one of the most powerful private equity executives in the world.
Persons: Ken Frazier, Joseph Bae, Frazier, Bae, Paul Finnegan, Claudine Gay, , Alan Garber, Penny Pritzker, ” Harvard, Pritzker, megadonor, Gay, Donald Trump’s, Catalyst, Garber Organizations: New, New York CNN, Merck, KKR, Harvard University’s, Ivy League, Harvard, Harvard Corporation, Corporation, Democratic Party, Harvard Law School, ExxonMobil Locations: New York, Asia
India's economy is expected to expand by 6.5% this year, according to IMF forecasts. The world's most populous nation was keen to talk up its prospects at the World Economic Forum in Davos. Advertisement"India has seized the moment," proclaimed housing minister Hardeep Singh Puri with confidence during a panel at the World Economic Forum in Davos last month. The 10-strong group of emerging market nations now accounts for 45% of the world's population and 28% of global GDP. AdvertisementSome economists have criticized the government's narrative as a "false growth story," highlighting discrepancies in the data and criticizing the methods used to calculate economic growth.
Persons: , Hardeep Singh, Smriti Irani, BI's Spriha Srivastava, that's, Narendra Modi's, Cash, Modi, SAJJAD HUSSAIN, I've, Andy Baldwin, EY, Narendra Modi, Brazil's Luiz Inácio Lula da Silva, Dan Kitwood, Getty, ISRO Goldman Sachs, Ashoka Mody, Rajesh Kumar Singh, Vladimir Putin, Singh Organizations: Economic, Service, BI, IMF, Business, Apple, ISRO, Princeton University, World Bank, US, of, Hindustan Times, Harvard Business Locations: Davos, India, China, Japan, Brazil, China India, India's, Ukraine
Growing hope for an economic soft landing is misplaced, economist Ken Rogoff wrote this week. The Harvard economist sees the runway for the economy in an "earthquake zone" in 2024. AdvertisementThere's little reason to be optimistic about a soft-landing, as the economy is set to land in an "earthquake zone" in 2024, according to top economist Ken Rogoff. Advertisement"Despite the widespread belief that the global economy is headed for a soft landing, recent trends offer little cause for optimism. The US also faces trouble as the national debt continues to surge and interest rates look poised to stay higher-for-longer.
Persons: Ken Rogoff, , Doom, Rogoff Organizations: Harvard, Service, Syndicate, International Monetary Fund, Fed, Federal Reserve, New York Fed, Cleveland Fed Locations: China, Europe, Ukraine, Russia
It’s hard to get into Harvard, even if you’ve done it before. Mark Zuckerberg, head of Meta, and Bill Ackman, head of the Pershing Square hedge fund, discovered as much, in their failed push to get dissident candidates onto the Harvard Board of Overseers, one of the university’s two governing bodies. The candidates — a slate of four backed by Mr. Ackman and one candidate backed by Mr. Zuckerberg — said on Friday that they had not collected enough petition signatures to get on the April ballot for election to the board. “We are disappointed but greatly appreciate all the support,” Zoe Bedell, an assistant U.S. attorney, who ran on the Ackman slate, said in a statement on Friday. “We look forward to trying again next year.”Their failure raised the question of how much support existed for Mr. Ackman’s persistent campaign against Harvard’s leadership over the past few months.
Persons: Mark Zuckerberg, Bill Ackman, Ackman, Zuckerberg —, ” Zoe Bedell, , Ackman’s Organizations: Harvard, Meta, Mr Locations: Pershing, U.S
CNN —Since the early 2000s, a coin has lay buried next to a tree at Augusta National Golf Club, nestled there as a good luck charm by the mother of a promising young French golfer. Not since Arnaud Massy became the first non-Briton to win the Open Championship in 1907 has a Frenchman lifted silverware at a recognized Tour event. The world’s 890th ranked amateur when he turned professional in 2013, Pavon spent two years on the Alps Tour before graduating to the Challenge Tour, finally securing his card on the DP World Tour (European Tour) in 2017. “I don’t come from a normal background because I wasn’t a great player once,” Pavon told CNN Sport’s Don Riddell. Augusta National and Spyglass Hill – host of this week’s Pebble Beach Pro-Am – were once courses Pavon could only navigate in the video game world of Tiger Woods PGA Tour 06.
Persons: Matthieu Pavon, Pavon, Arnaud Massy, Frenchman, Denmark’s Nicolai Hojgaard, ” Pavon, CNN Sport’s Don Riddell, , Gregory Bull, Michel, Beatrice, Naomi Baker, Justin Thomas, Rickie Fowler, “ Spyglass, you’re, You’re, you’ve, Céline Boutier, Massy, Catherine Lacoste, Patricia Meunier, Lebouc, Boutier, Lewis Joly, Organizations: CNN, Augusta National Golf, Farmers Insurance, Spanish, PGA, Harvard University, France’s Ligue, Getty, Pavon’s PGA, Players, . Augusta National, Tiger, Céline, Evian Championship, Chevron, Evian, Ryder, Europe Locations: Augusta, French, Toulouse, California, Europe, America, Pavon, France’s, Bordeaux, Rome, Bethpage , New York
LOS ANGELES (AP) — Extreme heat and wildfire smoke are independently harmful to the human body, but together their impact on cardiovascular and respiratory systems is more dangerous and affects some communities more than others. A study published Friday in the journal Science Advances said climate change is increasing the frequency of both hazards, particularly in California. The authors found that the combined harm of extreme heat and inhalation of wildfire smoke increased hospitalizations and disproportionately impacted low-income communities and Latino, Black, Asian and other racially marginalized residents. Homes and work places with air conditioning and neighborhoods with tree canopy cover are better protected from extreme heat, and some buildings filter smoke from wildfires and insulate heat more efficiently. “For a variety of reason, they tend to feel climate change much worse than other non-underserved communities, and I think it's really important to highlight this social injustice aspect of climate change,” said the emergency physician and fellow at the Harvard T.H.
Persons: , Tarik Benmarhnia, Benmarhnia, Christopher T, Minson, it’s, Catharina Giudice Organizations: ANGELES, Scripps Institution of Oceanography, University of California, UCLA Fielding School of Public Health, UC San Diego, University of Oregon, Environmental Protection Agency, University of Southern, Harvard, of Public Health, National Weather Service, Associated Press, Walton Family Foundation, AP Locations: California, San Diego, United States, Oregon, Washington, Canada, British Columbia, Central Valley, Central, University of Southern California, Los Angeles, Chan
WASHINGTON (AP) — The Supreme Court is allowing West Point to continue taking race into account in admissions, while a lawsuit over its policies continues. The justices on Friday rejected an emergency appeal seeking to force a change in the admissions process at West Point. The military academy had been explicitly left out of the court’s decision in June that ended affirmative action almost everywhere in college admissions. Lower courts had declined to block the admissions policies at both schools while the lawsuits are ongoing. Only the West Point ruling has been appealed to the Supreme Court.
Persons: West, , Elizabeth Prelogar, Biden Organizations: WASHINGTON, Constitution, Harvard University, University of North, Fair, Harvard, U.S . Military Academy, West, U.S . Naval Academy, Supreme, Long, Army, Justice Department, United States Military Academy, Biden administration’s Locations: West, U.S, University of North Carolina, North Carolina, , Hudson, New York City, New York, Atlanta, Detroit
CNN —Black History Month, which gets underway this week, is a chance to give Americans the timely reminder that you can’t teach our history honestly without understanding Black struggle and triumph. There are few aspects of America’s past that haven’t been impacted by conscientious Black people and their resistance to systemic racism and illiberal democracy. The situation at Harvard has been made more dire by the university’s failure to push back sufficiently against broader political attacks. Another vocal critic of Penslar is the former Harvard president Lawrence Summers, who was also an outspoken opponent of Gay’s. As an academic institution, we should be leading the resistance to these assaults on higher education, not bowing to them.
Persons: Khalil Gibran Muhammad, ” Khalil Gibran Muhammad, Virginia Foxx, ” Foxx, , Claudine Gay, Foxx, , haven’t, Donald Trump, Adolph Hitler, Alan Garber, Gay, , Garber, Derek J, Harvard’s, Penslar, Bill Ackman, Lawrence Summers, Black Organizations: Ford Foundation, Harvard University, CNN, Harvard Kennedy School, Republican, University of Pennsylvania, GOP Rep, Global, Harvard Divinity School, , Racial, Harvard, Republican Party, Equity Locations: American, United States, America, Florida, Gaza, Israel
The median asking rent was $1,713, which was down $4 from November and down $63 from the July 2022 peak. However, median rent is still $309 higher than the same time in 2019, before the pandemic. What’s more, 12 million of those renters are severely cost burdened, which means they are paying more than half of their income on housing. Following changes in housing needs during the pandemic and an already existing low supply of multifamily housing in some markets, rents surged in 2021 and 2022. Without continued new supply in addition to enhanced rental support, the Harvard report concludes affordability will remain a critical concern for many renters.
Persons: Chris Herbert, , Whitney Airgood, Douglas Elliman, Miller Samuel Real, , Anthemos Georgiades, ” Georgiades Organizations: DC CNN, Harvard University’s, for Housing Studies, Harvard Joint Center for Housing Studies, Harvard, Census Bureau, Builders, National Association of Home Builders, Baby Boomers Locations: Washington, United States, Manhattan
Investment firm CEO Ken Griffin accused Harvard University of producing "whiny snowflakes." He's donated a total of over $500 million to Harvard as of April. "I'm not interested in supporting the institution," Griffin said during the MFA Network conference in Miami on Tuesday. Griffin said Harvard is now producing "whiny snowflakes." AdvertisementDropout Mark Zuckerberg has backed a former Facebook exec for a slot on the Harvard Board of Overseers, The Harvard Crimson reported.
Persons: Ken Griffin, Griffin, He's, , Claudine Gay, I'm, he's, Gay, Bill Ackman, Mark Zuckerberg Organizations: Harvard University, Ivy League, Harvard, Service, Citadel, Network, Harvard Gazette, Harvard Crimson Locations: Miami
If you've ever felt overwhelmed with emotion in the office, you might have been experiencing workplace "vertigo," says Dan L. Shapiro, the director of the Harvard International Negotiation Program. Vertigo often happens when you're negotiating a raise or pitching an idea and met with unexpected feedback or criticism. "A lot of that cerebral [thought] has emotional underpinnings and those emotional underpinnings are coming from what we feel in our bodies," he says. "If you're not aware of it you will react wrongly to it most of the time." Here's how to know you're experiencing vertigo in the workplace, and how to remain composed during potentially contentious conversations.
Persons: you've, Dan L, Shapiro Organizations: Harvard
"Work is a part of most people's identities," says Dan L. Shapiro, the director of the Harvard International Negotiation Program. Instead of stifling your emotions, Dan L. Shapiro says you should use them to get what you want. Before going into a meeting with your boss, Shapiro suggests thinking about five "core concerns," that can help you funnel your emotions into a productive conversation. AppreciationDo you feel appreciated by your boss and does your boss feel appreciated by you? Dan L. Shapiro director of the Harvard International Negotiation ProgramStatusPerhaps your negative emotions stem from feeling like your status in the workplace isn't as high as it should be.
Persons: Dan L, Shapiro, it's Organizations: Harvard
By Kanishka SinghWASHINGTON (Reuters) - Over a dozen students alleged on Monday that Harvard University failed to protect them from harassment and threats "based solely" on their pro-Palestinian identity, the group representing them said. The Muslim Legal Fund of America said its legal division filed a civil rights complaint on Monday with the U.S. Education Department's Office for Civil Rights on behalf of those students. The Harvard students alleged "harassment, intimidation, threats and more based solely on them being Palestinian, Arab, Muslim, and supporters of Palestinian rights," the group said. Some students alleged that Harvard had threatened "to limit or retract the students' future academic opportunities," the Muslim Legal Fund of America said on Monday. The affected students attend Harvard College, Harvard Graduate School of Arts and Sciences, Harvard Divinity School, and Harvard Law School, the group said.
Persons: Kanishka Singh WASHINGTON, Israel's, Claudine Gay, Kanishka Singh, Bill Berkrot Organizations: Harvard University, Muslim, Fund of America, U.S . Education Department's, Civil Rights, Harvard, Rights, Harvard College, Harvard Graduate School of Arts and Sciences, Harvard Divinity School, Harvard Law School Locations: U.S, Vermont, Illinois, Israel, Gaza, Washington
Allegations of research fakery at a leading cancer center have turned a spotlight on scientific integrity and the amateur sleuths uncovering image manipulation in published research. The blogger, 32-year-old Sholto David, of Pontypridd, Wales, is a scientist-sleuth who detects cut-and-paste image manipulation in published scientific papers. By Jan. 22, the institution said it was in the process of requesting six retractions of published research and that another 31 papers warranted corrections. The sleuths download scientific papers and use software tools to help find problems. Some journals told the AP they are aware of the concerns raised by David's blog post and were looking into the matter.
Persons: Jan, David, He's, Farber, DANA, FARBER, Sholto David, Dana, Laurie Glimcher, William Hahn, sleuths, Claudine Gay, Barrett Rollins, Elisabeth Bik, ” Bik, Ivan Oransky, Oransky, , ” Oransky, , ” They're, Bik Organizations: Dana, Farber Cancer Institute, Harvard Medical School, The Harvard Crimson, WHO, Associated Press, American Society for Microbiology, Technology, New York University, , AP, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group Locations: British, Pontypridd, Wales, PubPeer, California
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