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☆ Older Americans prepare themselves for a world altered by artificial intelligence
▼ + stars: | 2024-08-13 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: +6 min

Artificial intelligence offers significant benefits for seniors, from the ability to curb loneliness to making it easier for them to get to medical appointments. I’m too old to worry about that.”Classes like these aim to familiarize aging early adopters with the myriad ways the technology could better their lives but also encourage skepticism about how artificial intelligence can distort the truth. What are the geopolitical implications of artificial intelligence? Seniors who have taken such AI classes said they came away with a clear understanding of AI’s benefits and pitfalls. You really have to question it,” said Linda Chipko, a 70-year-old who attended an AI class in June in suburban Atlanta.

Persons: ”, “, Barbara Winston, Winston, “ I’m, Michael Gershbein, Gershbein, Dianne Stone, Siwei Lyu, Lyu, Linda Chipko, Chipko, “ It’s, Ruth Schneiderman, ” Schneiderman Organizations: North Shore Senior Center, AARP, AI, National Council, Aging, University, Buffalo, Seniors Locations: NORTHFIELD, Ill, Chicago, Northfield, “, Charleston , South Carolina, Connecticut, Atlanta

☆ 'We are doing democracy here': Young voters focus on being polite rather than polarized
▼ + stars: | 2024-08-12 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Mark-Murray-Circle-Byline-Template.Jpg | Mark Murray | ) www.nbcnews.com time to read: +7 min

WASHINGTON — In the heat of the 2024 campaign season, more than 400 first-time voters from across the country gathered here in July to discuss political issues and the upcoming election — but with a focus on being polite rather than being polarized. The gathering was a so-called deliberative poll where the participants were randomly selected to produce a representative sample of young voters from the entire nation. There have been past “America in One Room” studies of the general electorate, but this was the first to specifically examine first-time young voters. And the portion of young voters who opposed drilling in the Artic wilderness increased, from 72% before to 76% afterward. 'I see that point': Young voters gain more respect for differing viewsThe polling results also showed these young voters gaining more respect for differing viewpoints, with the share of participants saying their opponents had good reasons for their positions growing from 64% before the event to 71% afterward.

Persons: WASHINGTON —, Kendall Rene Martin, Tyler Kunkowski, Emily Criswell, Steven Dilts, it’s, ”, Henry Elkus, Helena, “, ” Elkus, Donald Trump, Joe Biden’s, Steven, Tyler, ” Steven, shouldn’t, Emily, ” Tyler, ” Emily, Kendall, didn’t, James Fishkin Organizations: Stanford, Republican, America, Major League Baseball, Young, NBC News, Democrat, “ Locations: WASHINGTON, “ America, California, Florida, Tennessee, Alaska, United States, Paris, America, Kendall of California

☆ Kamala Harris is going on the offensive on border security. It could keep Arizona blue and cut off Trump's path to victory.
▼ + stars: | 2024-08-12 | by ( John L. Dorman | ) www.businessinsider.com time to read: +7 min

Read previewLast Friday, Vice President Kamala Harris and her running mate, Minnesota Gov. AdvertisementTrump can't take Arizona for grantedBefore Biden won Arizona in 2020, it last voted for a Democratic presidential nominee in 1996. AdvertisementHowever, for Trump, a Harris win in Arizona would be a huge blow in his attempts to win a second term. Biden's 2020 victories in Arizona, Georgia, and Nevada — as well as his wins in Michigan, Pennsylvania, and Wisconsin — effectively cut off Trump's path to victory that year. Should Harris neutralize the border security issue — a feat that seemed unimaginable when Biden was still the presumptive nominee — it'll give her a major opening to win Arizona.

Persons: —, Kamala Harris, Tim Walz, It's, Donald Trump, Joe Biden's, Harris, Trump, it's, Greg Abbott —, Biden, scrambles, Biden's, Democrat Mark Kelly, Katie Hobbs, Donald Trump's, Mario Tama, — it'll Organizations: Service, Minnesota Gov, Democratic, State, Business, Trump, Arizona, Republican, Texas GOP Gov, Biden, Republicans, Central America, Democrat, White House, GOP, — Locations: Glendale , Arizona, Phoenix, Mexico, New York, Chicago, California, Central, Arizona, Nevada, Georgia, Arizona's, Arizona , Georgia, Michigan , Pennsylvania, Wisconsin

☆ My roommates and I share groceries. We all bulk shop for our apartment and save $300 a month.
▼ + stars: | 2024-08-10 | by ( Cailey Griffin | ) www.businessinsider.com time to read: +6 min

My roommates and I started sharing our bulk groceries around 2018, but my journey with sharing bulk groceries began even earlier. That experience really piqued my interest in implementing bulk grocery sharing in my own home. My last bulk grocery run was to Jewel-Osco . Since we began bulk shopping and sharing our groceries, we save around $260 to $300 a month. AdvertisementDepending on how much we save in a month, some of our bulk shopping money will go towards collective household bills.

Persons: René Morrell, we've, who's, Joe's, I'm, filet mignon, we'll Organizations: Service, School of, Art Institute of Chicago, Costco Locations: Chicago

☆ Voters blamed Biden for high inflation. Kamala Harris could get a pass.
▼ + stars: | 2024-08-08 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +7 min

Where voters place their blame — and specifically whether it falls on Vice President Kamala Harris — could be one of the defining factors of the presidential election. Early polling suggests that Harris won't be able to entirely shed the blame that President Joe Biden has received for inflation. If Harris can avoid some of the blame Biden received for rising prices, it could improve her chances of winning over crucial swing state voters, Traugott said. However, Sarah Foster, a Bankrate analyst, thinks some voters could shift much of their frustrations about rising prices from Biden to Harris. To be sure, it's up for debate how much Biden, Harris, or even Trump are deserving of blame for the rising prices of the past few years.

Persons: —, Kamala Harris —, Harris, Joe Biden, Donald Trump, Biden, she'd, Michael Traugott, Kamala Harris, Trump, Traugott, Evan Roth Smith, Blueprint's, Semafor, Elizabeth Pancotti, Sarah Foster, It's, Joseph Stiglitz, University of Michigan's Traugott Organizations: Service, Business, Trump, Democratic, University of Michigan, Republicans, Biden —, Roosevelt Institute, New York Times, Biden, FOX Business, University of Michigan's

☆ Harris set to name running mate as global turmoil rocks an already surreal campaign
▼ + stars: | 2024-08-06 | by ( Stephen Collinson | ) edition.cnn.com time to read: +9 min

In the final hours of her search after a compressed vetting period, Harris narrowed in on two candidates — Pennsylvania Gov. Tim Walz, 60, sources told CNN, although Arizona Sen. Mark Kelly remained in the running as of Monday afternoon. But perception is often as important as reality in a presidential race. A critical choiceThe choice of a running mate is the first, most critical decision a party nominee makes. Still, Harris’ strong start appears to have restored the election to a neck-and-neck race, according to recent surveys.

Persons: Kamala Harris, Donald Trump flailing, Harris, Joe Biden’s, Josh Shapiro, Tim Walz, Arizona Sen, Mark Kelly, Shapiro, Walz, Trump, Biden, Harris ’, White, Barack Obama, Republican John McCain, Ismail Haniyeh, Israel’s, Benjamin Netanyahu, Jake Auchincloss, “, CNN’s Kasie Hunt, Harris Trump, Kamala, ”, it’s, Ohio Sen, JD Vance, Sarah Palin, —, don’t Organizations: CNN, Republican, Minnesota Gov, Democratic, Trump, Dow Jones, US, Federal Reserve, Biden, United States ., Israeli, Massachusetts Democrat, Ohio, Democratic National Convention, White Locations: Philadelphia, Arizona, Wisconsin, Michigan, Israel, United States, Iraq, Iran, Tehran, Gaza, Massachusetts, Chicago, Atlanta, Pennsylvania

Usha Vance, wife of former President Donald Trump’s running mate, Sen. JD Vance of Ohio, defended her husband when pressed about resurfaced 2021 remarks he made about “childless cat ladies” leading the country, which came under widespread scrutiny last month. “He made a quip in service of making a point that he wanted to make that was substantive,” Usha Vance said. I can’t thank people enough for that.”Usha Vance noted that having Secret Service detail is a “big change” and praised the agents who are assigned to their family. “He had the Secret Service detail that was really looking out for him and was able to get off the stage and all of that,” she said. “So I mean, just seeing that was incredibly shocking I think for everyone.”“From a personal perspective, I guess I try not to worry too much about that,” Usha Vance added.

Persons: Usha Vance, Donald Trump’s, Sen, JD Vance, Ohio, “, ”, ” Usha Vance, ’, let’s, it’s, isn’t, ” Vance, SiriusXM’s, Kelly, Tucker Carlson’s, Vance, Kamala Harris, we’ve, I’ve, “ They’ve, They’ve, “ We’ve, they’re Organizations: “ Fox, Fox News, Democratic, Trump, Republican, Convention, Service Locations: Milwaukee, Butler , Pennsylvania

☆ Combat brain fatigue with these tips from experts
▼ + stars: | 2024-08-05 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +9 min

“Even though people enjoy the rewards associated with mental tasks, these same people also do not enjoy the mental effort that’s involved. Your brain has no nerve endings, so a pain in the brain is not like having a pain in the neck. But the mental effort it takes to think hard can be so upsetting that some people will choose physical pain instead. However, 28% of the participants still chose physical pain over mental strain, even when the pain was most intense. “Concentrating also means it’s impossible to do other things because the brain really can’t multitask.

Persons: ”, Erik Bijleveld, ” Bijleveld, that’s, “, Vadym, Bijleveld, Michel Notre, doesn’t, It’s, it’s, Kira Schabram, ” Schabram, don’t, Amy Arnsten, Albert E, Kent, Arnsten, Schabram Organizations: CNN, Behavioural Science, Radboud University, Psychological, Amateur, Michel Notre Dame, Research, Foster School of Business, University of Washington, Yale School of Medicine Locations: Nijmegen , Netherlands, Paris

☆ The new Miss USA is a US Army officer from Michigan
▼ + stars: | 2024-08-05 | by ( Anneta Konstantinides | ) www.businessinsider.com time to read: +4 min

Read previewA new Miss USA has been crowned. Alma Cooper was named the winner of the 73rd Miss USA pageant, which was held at Peacock Theater in Los Angeles on Sunday night. She was crowned by Savannah Gankiewicz, who assumed the title of Miss USA 2023 after Noelia Voigt resigned in May. AdvertisementCooper was crowned by Savannah Gankiewicz, who assumed the Miss USA 2023 title after Noelia Voigt resigned in May. It remains to be seen what the year will hold for the new Miss USA.

Persons: —, Alma Cooper, Savannah Gankiewicz, Noelia Voigt, Cooper, Gilbert Flores, Hennessy, Alberto E, Rodriguez, Voigt, Miss Teen USA UmaSofia Srivastava, Miss Colorado Ariana Lemus, Srivastava haven't, Jackeline Voigt, Barbara Srivastava, Laylah Rose, Kimberly Nicewonder, Paula Miles —, Rose's, Rose, Gankiewicz —, Rose —, she'd Organizations: Service, Miss, 73rd Miss USA, Peacock Theater, US Army, Business, West Point Military Academy, Stanford University, United States Army, Miss USA, Miss Teen USA Locations: Los Angeles, Miss USA, Miss

☆ ‘The summer job is back’: Teens enter the labor force as employers dish out higher wages, perks
▼ + stars: | 2024-08-04 | by ( Alex Harring | ) www.cnbc.com time to read: +8 min

That change in pay and benefits underscores the changing job outlook for the millions of American teen workers following the pandemic-induced labor crunch. Despite those efforts, she's at times seen teen employees leave for higher pay at chain rivals like Starbucks . 'The summer job is back'Whether it's a raise or financial support for education, these boons appear to be luring teens to the workforce. "The summer job is back," said Alicia Sasser Modestino, an associate professor of economics who studies youth development at Northeastern University. Gusto expects sports and recreation; education; and food and beverage to be popular summer job sectors for this age bracket.

Persons: Spencer Platt, Dailey Jogan, Jogan, Liz Wilke, Chipotle, Daniel Banks, Justin Sullivan, Banks, Erin Powell's, Powell, she's, Alicia Sasser Modestino, Gusto's Wilke, Wilke, today's, Olivia Locarno Organizations: Getty, Detroit, Employers, Grill, Northeastern University, Starbucks, Marist College, Amazon Locations: Coney, Brooklyn, New York City, California, San Rafael , California, Minnesota, New Jersey

☆ If you and your partner always use these 7 phrases, you're a more mentally strong couple than most
▼ + stars: | 2024-08-04 | by ( Amy Morin | ) www.cnbc.com time to read: +4 min

If you and your partner regularly use these phrases, it's a sign that you're already a mentally strong couple. They may say, "Help me understand why you're feeling frustrated," or "Help me understand what I could do differently next time." Asking this question shows that you're invested in working with your partner, not taking over and telling them what to do. 'It's understandable you feel that way'You don't have to feel the same way your partner does to validate their emotions. Even if you don't share their anxiety about an upcoming move or their frustration about an extended family visit, you can show empathy.

Persons: you've, —, I've

☆ Miss USA: Alma Cooper of Michigan crowned, capping tumultuous year of pageant controversy
▼ + stars: | 2024-08-04 | by ( Oscar Holland | ) edition.cnn.com time to read: +5 min

The show featured no explicit references to the controversy, though Gankiewicz described her unexpected three-month stint as Miss USA as “the most unique reign in history.”Alma Cooper onstage with former Miss USA titleholder Savannah Gankiewicz of Hawaii. Miss USA president Laylah Rose released a statement at the end of May, reported by the Los Angeles Times, refuting Voigt’s allegations. Judges included shoe designer Jojo Bragais and former Miss USA titleholders Carole Gist and Lu Parker. Sunday marked the first Miss USA pageant to take place since its owner, the Miss Universe Organization, lifted a longstanding age restriction banning women over 28 from participating. Cooper will now go onto compete in the Miss Universe 2024 contest, which will be held in Mexico later this year.

Persons: Alma Cooper, Kentucky’s Connor Perry, Oklahoma’s Danika Christopherson, ”, ” Cooper, Savannah, Utah’s Noelia Voigt, Voigt’s, —, UmaSofia Srivastava, Gankiewicz, ” Alma Cooper, Gilbert Flores, Voigt, “, ” Voigt, ” Srivastava, Barbara, Laylah Rose, Chelsea Lauren, Shutterstock, Garcelle, Keltie Knight, Jojo Bragais, Carole Gist, Lu Parker, Kristina Johnson of, Maryland’s Bailey Anne Kennedy, Shavana Clarke, Addie Carver, Stephanie Skinner, Carver, Cooper Organizations: CNN, US Army, Miss USA, Stanford University, Latina, United States Army, Miss Teen USA, Instagram, Miss, Morning, Miss Universe Organization, Los Angeles Times, Garcelle Beauvais, Housewives, Beverly Hills, Miss Teen Locations: Savannah Gankiewicz, Hawaii, Miss USA, Los Angeles , California, “, California, Kristina Johnson of Arizona, Montana , North Dakota, Maryland, Indiana, Shavana Clarke of Connecticut, Mississippi, Mexico

☆ A child-free boomer doesn't regret her choice despite the social pressure. She has financial freedom and can spend the rest of her life giving back.
▼ + stars: | 2024-08-03 | by ( John Towfighi | ) www.businessinsider.com time to read: +7 min

That decision has afforded her financial freedom — she said she has enough savings to support herself in retirement until she's 110. What's more, she's avoided being sandwiched between caring for children and her parents. In her earlier life, Snyder married her late husband Phil in 1986, and they bought a small ranch in Beaverton, Oregon, where she still lives. While the environment — not money — was the reason she didn't have children, Snyder said it allowed her and Phil more breathing room in their financial and social decisions. AdvertisementAre you sandwiched between caring for your parents and raising your children?

Persons: —, Ann Snyder, Snyder, she's, Phil, that's Organizations: Service, Pew Research, Business, Oregon Ballet Theater, University of Iowa, Oregon Department of Transportation, Portland Public Schools, Oregon Department of Human Services, Pew Research Center Locations: American, Beaverton , Oregon, Mount Hood, Ohio, Oregon, Portland

NANTERRE, France — Léon Marchand won a fourth gold medal and set his fourth Olympic record of these games on Friday, taking the 200-meter individual medley to the delight of a delirious French crowd. Fans chanted, "Léon, Léon, Léon" as he stepped onto the medal podium before delivering a full-throated rendition of "La Marseillaise." French President Emmanuel Macron celebrates in the stands after Leon Marchand won gold Friday. Earlier in the evening, Australia’s Kaylee McKeown won gold in the 200 backstroke in Olympic-record time, edging American rival Regan Smith, who picked up her third silver medal. McKeown bested the previous Olympic record of American Missy Franklin, who had set the mark of 2:04.06 in London.

Persons: France — Léon Marchand, Michael Phelps, Marchand, Emmanuel Macron, Leon Marchand, Pascal Le Segretain, Duncan Scott of Great, Wang Shun, Carson Foster, Australia’s Kaylee McKeown, Regan Smith, McKeown, Smith, Missy Franklin, Leon Marchand of France, Adam Pretty, Australia’s Cameron McEvoy, Caeleb Dressel, Dressel, McEvoy, Florent Manaudou, Benjamin Proud of Organizations: Paris La, Arizona State, Duncan Scott of Great Britain Locations: NANTERRE, France, Beijing, Arizona, China, London, Benjamin Proud of Great Britain

The Republican nominee for governor of North Carolina is out with a new TV ad where he and his wife reveal that she had an abortion 30 years ago. Mark Robinson and his wife talk directly to the camera, revealing few details about the procedure beyond his telling viewers, "Thirty years ago, my wife and I made a very difficult decision. Robinson’s promise in his TV ad to keep the state’s abortion ban at 12 weeks appears to mark a shift from his previous remarks. "As governor, Mark Robinson will work to make North Carolina a destination for life by building a culture that does more to support women and families, including bolstering adoption, as well as foster and childcare." Robinson isn't the first GOP candidate this year to publicly say his wife had an abortion.

Persons: Mark Robinson, Robinson, Josh Stein, Roy Cooper, We’ve, Robinson’s, Mark Lonergan, Lonergan, Sam Brown, Amy, Sen, Kelly Ayotte, Dave Reichert Organizations: Republican, Gov, Democratic, GOP, Fox News, NBC News Locations: North Carolina, Nevada, Washington and New Hampshire, New Hampshire, Washington

☆ Singapore's monetary authority sets up review group in bid to revive its equities market
▼ + stars: | 2024-08-02 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

Signage for the Monetary Authority of Singapore (MAS) is displayed outside the central bank's headquarters in Singapore. The Monetary Authority of Singapore announced that the review group will evaluate measures to "improve the vibrancy" of the Singapore equities market. MAS said on Friday the panel will focus on addressing market challenges, fostering listings, and facilitating market revitalization, as well as enhancing regulations to facilitate market growth and foster investor confidence. It said another key goal will be to identify methods for encouraging private sector participation, including from capital market intermediaries, investors and listed companies. "Improving the attractiveness of Singapore's equities market can therefore enhance Singapore's standing as a vibrant enterprise and financial hub," the MAS said, adding that this will also "[complement] Singapore's innovation and start-up ecosystem, private markets, as well as asset and wealth management sectors."

Organizations: Monetary Authority of Singapore, MAS Locations: Singapore, Singapore's

☆ Saudi says The Line will be the world's first 'eco-city.' Construction and design specialists aren't so sure.
▼ + stars: | 2024-08-02 | by ( Beatrice Nolan | Polly Thompson | ) www.businessinsider.com time to read: +7 min

Neom's flagship city, known as The Line, has grand plans to be a futuristic "eco-city." Experts told BI that these plans offered exciting solutions for issues like urban sprawl, excessive carbon emissions, and inefficient energy use. AdvertisementLovgreen pointed to issues "such as disrupting natural habitats, carbon emissions from building materials, and the transferring of these materials to areas remote from where they are produced." "Transportation accounts for less than a quarter of global carbon emissions, while the construction and operation of buildings represent nearly 40% of emissions," Baum said. She added that it can be particularly difficult to maintain sustainable construction in hot and dry regions of the world.

Persons: Mohammed bin Salman's, Giles Pendleton, Neom, Andreas Krieg, Philip Oldfield, Mona Lovgreen, Mara Baum, Baum, Krieg, Ben Bauer Organizations: Service, Saudi, Business, Wall Street Journal, The Journal, Lawrence Technological University, Institute of Middle Eastern, King's College London, UNSW Built Environment, Dialog Locations: Neom's, Saudi, Gulf, Sydney

☆ A New York basic income participant used his monthly $1,000 to pay bills and launch a nonprofit
▼ + stars: | 2024-08-02 | by ( Allie Kelly | ) www.businessinsider.com time to read: +6 min

Read previewAround the time that Kenneth McQueen received his first guaranteed basic income payment, he started rollerskating. McQueen was a participant in Creative Rebuild New York, a guaranteed basic income pilot for artists across the state. Previous participants have told BI that they used their basic income to pay rent, afford groceries, drop second jobs, pay down debt, and support their families. Basic income improved McQueen's mental health, encouraged entrepreneurshipPrimarily, basic income gave McQueen "peace of mind," he said. AdvertisementMcQueen isn't sure what will happen next, but he's grateful for the way basic income helped his career and mental health.

Persons: —, Kenneth McQueen, McQueen, — McQueen, Dr, Diana Pearce, Stavros Niarchos, GBI, It's, Maura Cuffie, Peterson, I'm Organizations: Service, Rebuild, Business, Alliance, Creative Rebuild, Mellon Foundation, Tides Center, Ford Foundation, America Locations: Harlem, York, hoodies, tote, New York

☆ Boeing's new CEO already seems to have given a major indication of where his priorities lie
▼ + stars: | 2024-08-01 | by ( Pete Syme | ) www.businessinsider.com time to read: +5 min

Read previewBoeing's incoming CEO, Kelly Ortberg, is already signaling his intent to get the planemaker back on track. Later that month, The Seattle Times reported that Boeing's board shut down a shareholder's bid to move its headquarters back to Seattle. Outgoing CEO Dave Calhoun last year faced criticism from employees after commuting to Boeing's HQ by private jet, The Wall Street Journal reported. Airline bosses like Emirates' Tim Clark had called on Boeing to appoint a new CEO with an engineering background. Boeing's incoming CEO, Kelly Ortberg, is an aerospace veteran.

Persons: —, Kelly Ortberg, Ortberg, It's, Rockwell Collins, Max, Lindsey Wasson, Maria Cantwell, Dave Calhoun, Calhoun, Tim Clark, we've, Nicolas Owens, Owens, Bob Clifford, preventively Organizations: Service, Seattle Times, Boeing, Reuters, Business, Alaska Airlines, Federal Aviation Administration, REUTERS, Commerce, Science, Transportation, Street Journal, Morningstar Locations: Seattle, Chicago, Virginia, Washington, South Carolina, Renton , Washington, Emirates, Blackstone

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Persons: it's, you've, We're, You'll, Merrill Cash, you'll, Here's Organizations: Business, Bank of America, Card, Bank, of America, Cash, Quicksilver, Chevron, Capital, U.S . Bank, Cell, Sporting, EV, Merrill Cash Management, Credit Card Bank of America, Credit Card U.S, Card U.S, Rewards, Bank Cash Plus, Go Locations: Bank

☆ China securities regulator promotes law enforcement chief to vice chair
▼ + stars: | 2024-07-31 | by ( ) www.cnbc.com time to read: +1 min

A China Securities Regulatory Commission sign is seen at the regulator's headquarters on November 16, 2020 in Beijing. China's securities regulator on Tuesday promoted its head of law enforcement to the role of vice chairman, underscoring Beijing's determination to tighten oversight of its $5.1 trillion stock market. Li Ming, chief of the enforcement bureau of the China Securities Regulatory Commission, will replace vice chairman Fang Xinghai, the CSRC said in a statement, citing a decision by China's State Council, or cabinet. The CSRC has pledged to regulate the market with "teeth and thorns" under chairman Wu Qing. Prior to the promotion, Li headed the enforcement bureau, which is responsible for probing illegal securities activities, handing criminal cases to the relevant authorities and facilitating cross-border investigations.

Persons: underscoring, Li Ming, Fang Xinghai, Fang, Xi Jinping, CSRC, Wu Qing, Li Organizations: China Securities Regulatory, China Securities Regulatory Commission, China's State Council, Reuters Locations: China, Beijing, Europe, United States

☆ My foster mother hated her first name. I found another way to honor her after she died.
▼ + stars: | 2024-07-30 | by ( Nicole Johnson | ) www.businessinsider.com time to read: +5 min

Nicole Johnson gave her daughter the same middle name as her foster mother. While I loved the meaning, I heard the voice of my foster mother in the back of my mind. Over time, it had become more than a promise; Esther brought it up more than once, turning it into something of a threat. It was the perfect way to honor the woman who became my best friend and mother, no matter our mismatched DNA. My daughter reminds me of my foster mother — independent and fierce.

Persons: Esther, Nicole Johnson, she'd, Elizabeth, Cameran, it's, I've Organizations: Service Locations: New Hampshire

☆ The biggest basic income pilot in the US found that it didn't stop participants from working and helped get their families into safer situations
▼ + stars: | 2024-07-30 | by ( Noah Sheidlower | Katie Balevic | ) www.businessinsider.com time to read: +7 min

The Basic Income Guaranteed: Los Angeles Economic Assistance Pilot, or BIG:LEAP, gave over 3,200 households $1,000 in monthly no-strings-attached cash payments for 12 months starting in January 2022. BIG:LEAP compared the outcomes of households receiving cash payments to nearly 5,000 households with similar incomes and family situations in the control group. In the last six months, participants were more likely to establish proximate safety and work toward protecting themselves in the future. Overall, it stands in contrast to what some critics of basic income argue, including that cash payments majorly reduce employment or don't prepare participants for the future. Housing cost burdens decreased among all study participants.

Persons: —, Amy Castro, Kyung Elizabeth Kim, Castro, Eric Garcetti, Karen Bass, we're, Kim, They're Organizations: Service, Los, Economic, Business, University of Pennsylvania, UCLA Locations: Los Angeles

☆ Japan Wanted Higher Inflation. It’s Here, and It Hurts.
▼ + stars: | 2024-07-29 | by ( River Akira Davis | ) www.nytimes.com time to read: +1 min

As the rest of the world fought to keep inflation in check, one country welcomed it with open arms. So while major central banks like the U.S. Federal Reserve raised interest rates to rein in prices, the Bank of Japan kept rates low as inflation accelerated. Businesses could cite their rising costs to justify price increases, leading to higher revenues that went toward higher wages for workers. There have been some promising signs: Big Japanese firms like Toyota have reported large profits and pledged the biggest wage increases for workers in decades. In March, the Bank of Japan raised its policy rate for the first time in 17 years, concluding that the economy had achieved the “virtuous cycle” between wages and prices it had envisioned.

Organizations: U.S . Federal Reserve, Bank of, Toyota, Bank of Japan Locations: Japan, Bank of Japan

☆ Léon Marchand sets new Olympic record, takes gold in 400-meter individual medley
▼ + stars: | 2024-07-28 | by ( Nicole Auerbach | ) www.nytimes.com time to read: +2 min

NANTERRE, France — Léon Marchand touched the wall to win the men’s 400-meter individual medley, letting out a roar and cementing himself in French athletic history forever. His time of 4:02.95 set a new Olympic record, previously held by Michael Phelps, and earned him the first Olympic gold medal of his career. American Chase Kalisz, the Tokyo gold medalist in the event, failed to qualify for the final earlier on Sunday. It’s deafening in here as Léon Marchand is introduced ahead of the 400 IM final. So has his coach, Bob Bowman, who knows a thing or two about this spotlight having coached Michael Phelps throughout the entirety of his illustrious career.

Persons: France — Léon Marchand, Frenchman, Michael Phelps, Tomoyuki Matsushita, Carson Foster, Chase Kalisz, Marchand, It’s, Léon Marchand, cr7thtS9CG — Nicole Auerbach, @NicoleAuerbach, Bob Bowman, Bowman, ” Marchand, it’s, 400IM, He’s, Leon Marchand, mpics & Organizations: La Défense, French, Athletic, rockstar Locations: NANTERRE, France, Tokyo, Paris

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