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What you’ve got to do to get more money from wealth is just let your money go out there and make money on its own. darrick hamiltonYeah, the extent to which our tax code incentivizes wealth and capital growth, it centers on existing wealth and capital growth. $50,000 to the most wealth-poor person seems like a big number, but we need to put that number in context. In other words, wealth begets more wealth, and wealth builds upon itself. ezra kleinI think that’s a great place to end, so I’ll ask our final question.
Persons: ezra klein, we’ve, We’ve, Darrick Hamilton, Biden Sanders, Bernie Sanders, Cory Booker, Ayanna Pressley, darrick hamilton, hamilton, you’re, ezra klein There’s, you’ve, that’s, Thomas Piketty’s, it’s, there’s, ezra klein I’m, , ezra klein We’ve, Bill Gates, Elon, Ezra, Ira Katznelson, Crow, Bill, hasn’t, who’s, I’ve, they’re, ezra klein Let’s, darrick hamilton Naomi Zewde, wouldn’t, Let’s, darrick hamilton Ezra, darrick hamilton I’m, Arthur Lewis, Natalie Diaz, ” Natalie, ezra klein Darrick Hamilton Organizations: The New School, Biden, Task Force, Marshall, Black, Washington D.C, Federal Government, SEED, Oklahoma, Social, Social Security Locations: Hamilton, United States, Prosperity, America, Europe, Tulsa , Oklahoma, Connecticut, Washington, , hamilton
WASHINGTON, June 21 (Reuters) - A group of 17 Democratic U.S. lawmakers on Wednesday urged the Federal Trade Commission to finalize new consumer protections for car buyers despite objections from auto dealers who argue the rules would actually raise the cost of buying a car. They argued that "unfair and deceptive practices involving motor vehicle dealers have widespread consequences." The lawmakers said the FTC should require dealers to provide a legally enforceable "Offering Price" "that includes all pre-installed and mandatory add-on products" and finalize regulations prohibiting specific misrepresentations, among other reforms. The FTC wants to ban fees for add-on products and services that provide no consumer benefits like "nitrogen-filled" tires that contain no more nitrogen than normal air. "Dealers also pack vehicle sales with mandatory and price-inflated add-ons, increasing the cost and creating further confusion and uncertainty about a vehicle’s ultimate price," the lawmakers wrote.
Persons: Ed Markey, Ron Wyden, Cory Booker, Brian Schatz, Elizabeth Warren, Richard Blumenthal, Pramila Jayapal, David Shepardson, Chris Reese, David Gregorio, Leslie Adler Organizations: Democratic U.S, Wednesday, Federal Trade Commission, FTC, Reuters, National Automobile Dealers Association, Center for Automotive Research, Alliance, Automotive Innovation, General Motors, Toyota, Volkswagen, Thomson
Washington CNN —The Senate Judiciary Committee advanced legislation on Thursday that would give news organizations the power to jointly bargain against Meta, Google and other online platforms for a greater share of online advertising revenue. One member of the committee, California Democratic Sen. Alex Padilla, voted against the bill Thursday and vowed to block any future floor vote on the legislation until lawmakers make several changes. Padilla said the legislation doesn’t do enough to ensure that actual journalists in local newsrooms will benefit from the bargaining, as opposed to hedge funds and publication owners. “This bill is not about whether or not you like social media,” Kennedy said. “This bill is not about whether or not you like what is happening in American news media today.
Persons: Minnesota Democratic Sen, Amy Klobuchar, Louisiana Republican Sen, John Kennedy, Google didn’t, California Democratic Sen, Alex Padilla, Padilla, ” Padilla, Padilla’s, Democratic Sens, Jon Ossoff, Peter Welch, Cory Booker, Kennedy, Klobuchar, , ” Klobuchar, ” Kennedy, Organizations: Washington CNN, Committee, Meta, Google, Minnesota Democratic, Louisiana Republican, California Democratic, Democratic Locations: Louisiana, Australia, California
Why, when we think of climate change, do we think of big oil, not big ag; Exxon and not Tyson? It’s time you met the big ag lobby, one of the most powerful influences on policy in America. But when we started digging into the big ag lobby, we discovered it’s basically — “The most powerful lobby on Capitol Hill. So the big ag lobby has one key aim — block environmental regulation. I absolutely envy how good these lobbyists are at their job.” It’s outrageous what the big ag lobby has gotten away with.
Persons: , Peter Lehner, He’s, I’m, It’s, Tyson, Jennifer Jacquet, She’s, Peter, she’s, , Zippy Duvall, “ —, John Boehner, , You’ve, Waxman, Markey, Obama, American Farm Bureau Federation didn’t, ” —, JBS, don’t, they’re, Chuck Schumer, Cory Booker, I’ve, they’ve Organizations: Agriculture, ExxonMobil, Shell, Exxon, Washington , D.C, American Farm Bureau Federation, Capitol, U.S . Farmers, Tyson, New York Times, Republican, Senate’s Agriculture, pharma Locations: America, United States, Lake Erie, U.S, China, Washington ,, Kyoto, Senate’s
Attah said that being selected personally by Evaristo “is an honor of a lifetime.”“I was overjoyed because I love Bernardine’s boldness as a writer. In 2012, she launched the Brunel International African Poetry Prize, now renamed the Evaristo African Poetry Prize, with the aim of providing a platform for emerging poets from Africa and the diaspora. For Evaristo, mentorship is about more than just refining writing skills. Both Evaristo and Attah share a commitment to challenging misconceptions and stereotypes surrounding Africa and its people through their work. “People have said to me, “Isn’t writing about Africa or Black people limiting?” Evaristo said.
Persons: Bernardine Evaristo, Evaristo, Booker, Ayesha Harruna Attah, , ” Evaristo, Attah, Evaristo “, , ” Attah, Don’t, , , ” MARTIN BOURKE, “ We’ve Organizations: CNN, Protégé Arts Initiative, Arts, Brunel University London, Brunel International Locations: Africa, Europe, America, Athens, Greece, Senegal, Nigerian, London, New York, Trinidad, Ghana, England, White
Personal AI assistants will help make humans more efficient, the cofounder of DeepMind said. Personal AI assistants will also change how people search for information. Personal AI assistants that can do everything from shop and negotiate on your behalf are the future of AI, Mustafa Suleyman, the cofounder of DeepMind and CEO of Inflection AI, said Tuesday during an interview with CNBC. Suleyman, of course, has a vested interest in personal AI assistants. Suleyman isn't the only tech leader that thinks personal AI assistants will mark a profound change in how we use technology.
Persons: DeepMind, Mustafa Suleyman, Suleyman, Pi, isn't, Suleyman isn't, Bill Gates, Goldman Sachs, Bard Organizations: CNBC, Google, AIs, SV Angel
The letter said the Nigerian Air Force is committed to human rights and “further deliberations” on the issue, according to the report. “The absence of details raises the question of whether the air force carried out the air strike based on mere suspicion,” Human Rights Watch said. The U.S. State Department and the Pentagon had no immediate comment about the airstrike or the U.S. relationship with the Nigerian Air Force. Before now, neither the Nigerian government nor the military had provided any public explanation for what happened on Jan. 24. ACLED data show Nigerian Air Force strikes continued to claim the lives of noncombatants, inside and outside the northeast.
Persons: Ibrahim Muazu, , ACLED, D.D, Pwajok, , Sara Jacobs, herdsmen, Oladayo Amao, Amao, “ miscreants, Muhammadu Buhari, Bola Tinubu, Jan, Muazu, Lamido, Nigeria’s, Sanusi, Buhari, Rand Paul, Cory Booker, Rex Tillerson, Lai Mohammed, Jacobs, Jim Risch, Chris Smith, Antony Blinken, Biden, Risch, brazenly “, ” Abubakar Bello Rukubi, ” “, Yemi Osinbajo, cc’d, Samuel Ortom, herder, ” Muazu, Humeyra Pamuk, Daphne Psaledakis, Idrees Ali, Jarrett Renshaw, David Lewis, Reade Levinson, Simon Newman, Catherine Tai Design, Eve Watling, Julie Marquis, Alexandra Zavis Organizations: herder, Reuters, Air Force, Nigerian Air Force, Human Rights Watch, Air, Rights Watch, Ministry of Defence, Nigerian Air, House Foreign Affairs, ” Reuters, ACLED, Planet Labs PBC, U.S . State Department, Pentagon, , Muazu, Congress, San Frontieres, Republican, Punch, UK, Nigeria –, Systems, U.S, Super, International, Development, Rights Initiative, Benue State Livestock Guards, Human Rights, Daily Trust, Nigeria’s Locations: Nigerian, Nasarawa, Akwanaja, United States, U.S, Nigeria, California, Kano, Rann, Cameroonian, Zamfara, , Benue, ” Benue, London, Makurdi, Naka, Washington, Philadelphia
AUGUST BLUE, by Deborah LevyIn the work of Deborah Levy, certain elements recur in ever new arrangements: swimming, seafood, bees and silence; brokenness and recovery; the patriarchy. In Levy’s latest novel, “August Blue,” it is musical recomposition that becomes the overt, and sometimes overly self-conscious, metaphor for female revolt and reinvention. For a little over two minutes, she went off script, playing music that came to her unbidden, before walking offstage. At a flea market in Athens, this other woman snapped up two mechanical dancing horses that the pianist also wanted. While she chases what may be hallucinatory glimpses of the doppelgänger across Europe, she takes to wearing the trilby hat the mystery woman dropped at the market.
Persons: Deborah Levy, Booker, , Levy’s, unemployable Locations: British, Vienna, Athens, London, Paris, Sardinia, Greece, Europe
There’s Nikola Jokić of the Denver Nuggets – the hulking Serbian center who has battled underappreciation and misinterpretation to become one of the league’s greats and a two-time Most Valuable Player. It’s the performances of Jokić and Butler which help to explain why the NBA Finals are being contested by Denver Nuggets and the Miami Heat as the 2022/23 NBA season concludes. Jokić shoots the ball during Game 4 of the Western Conference Finals. Jokić admitted that the celebrations were short-lived after the Western Conference Finals sweep of the Lakers as Denver’s goal is lifting the title. Jokić leaves the floor after the Nuggets beat the Lakers in the Western Conference Finals.
Persons: There’s Nikola Jokić, underappreciation, Jimmy Butler –, Jokić, Butler, Erik Spoelstra, Denver’s Michael Malone, Larry O’Brien, Butler –, LeBron James, Anthony Davis, Kevin Durant, Devin Booker, Adam Pantozzi, Jamal Murray’s, Aaron Gordon, Kentavious Caldwell, Pope –, “ I’m, ” Jokić, AAron Ontiveroz, – Miami, Al Horford, David Butler II, – Butler, , , Pat, Riley, Spoelstra, Nathaniel S, you’ve, I’ve Organizations: CNN, Denver Nuggets, NBA, Miami Heat, Los Angeles Lakers, Western, Nuggets, Boston Celtics, Ball Arena, Games, ABC, Western Conference, Denver, Lakers, Denver Post, Atlanta Hawks, Chicago Bulls, Milwaukee Bucks, Bucks, New York Knicks, Celtics, Eastern, USA, Sports, Reuters, Heat Locations: Serbian, Denver , Colorado, Miami, Denver, Milwaukee Bucks . Miami
CNN —South Carolina Sen. Tim Scott on Monday will formally enter the Republican presidential primary as he seeks to upend a contest that has so far been dominated by coverage of former President Donald Trump and Florida Gov. The most prominent Black figure in the Republican Party, Scott will address supporters at his alma mater, Charleston Southern University, in his hometown of North Charleston. In 2010, he became the first Black Republican elected to the US House of Representatives from South Carolina in more than a century. Years later, after being appointed to his Senate seat (he won a special election to retain the seat), Scott made history as the first Black US Senator from his native South Carolina. “We know how dangerous Tea Party extremist Tim Scott is,” South Carolina Democratic Party chair Christale Spain said in a statement.
Martin Amis, British writer of dark comedic novels, dies at 73
  + stars: | 2023-05-20 | by ( ) www.reuters.com   time to read: +2 min
[1/2] Novelist Martin Amis (L) talks to Tina Brown at the launch of Brown's book "The Diana Chronicles" at a party hosted by Reuters in the Serpentine Gallery in central London, June 18, 2007.... Read moreWASHINGTON, May 20 (Reuters) - Martin Amis, a British writer of dark comedic novels, has died at the age of 73, his publisher said Saturday on Twitter. Penguin Books said Amis "leaves a towering legacy and an indelible mark on the British cultural landscape, and will be missed enormously." Amis died Friday at his home in Lake Worth, Florida, the New York Times reported earlier, quoting his wife, Isabel Fonseca, as saying the cause was esophageal cancer. He worked as an editor at The Times Literary Supplement and later the literary editor of The New Statesman. In a 2020 interview with the New York Times, Amis said "we read literature to have a good time.
CNN —British author Martin Amis, best known for the 1984 novel, “Money,” and 1989’s “London Fields,” has died, his publisher Penguin Books UK announced Saturday. “(Amis) leaves a towering legacy and an indelible mark on the British cultural landscape, and will be missed enormously,” the British publishing house said on Twitter. LONDON - APRIL 5: Writer Martin Amis at home in London on April 5, 1995. His 1991 novel, “Time’s Arrow,” and 2014’s “The Zone of Interest,” explored the Holocaust. “It’s hard to imagine a world without Martin Amis in it,” his UK editor, Michal Shavit, said in Penguin’s statement.
As he aged, he stopped playing tennis, a sport he once played daily and wrote about often. He mostly stopped writing criticism, too. “Insulting people in print is a vice of youth,” he said in an interview with The Independent. Mr. Amis was shortlisted for the award in 1991 for “Time’s Arrow,” and longlisted in 2003 for “Yellow Dog.”His final novel, “Inside Story,” published in 2020, was a “novelized autobiography” that considered his friendship with Mr. Hitchens and his relationship with his father. In “The Information,” he wrote: “Every morning we leave more in the bed: certainty, vigor, past loves.
Morgan Stanley CEO James Gorman said he will step down in the next 12 months. Morgan Stanley CEO James Gorman was giddy. Seeking stabilityTo understand where Morgan Stanley is now, you need to return to the peak of the financial crisis. It didn't take long before Morgan Stanley began utilizing its new license to acquire clients' deposits, reducing its reliance on wholesale funding. Mack, who helped design the 1997 Morgan Stanley and Dean Witter merger, had been pushed out by Purcell in 2001.
May 17 (Reuters) - The swift growth of artificial intelligence technology could put the future of humanity at risk, according to most Americans surveyed in a Reuters/Ipsos poll published on Wednesday. More than two-thirds of Americans are concerned about the negative effects of AI and 61% believe it could threaten civilization. ChatGPT has kicked off an AI arms race, with tech heavyweights like Microsoft (MSFT.O) and Google (GOOGL.O) vying to outdo each other's AI accomplishments. The Reuters/Ipsos poll found that the number of Americans who foresee adverse outcomes from AI is triple the number of those who don't. Those who voted for Donald Trump in 2020 expressed higher levels of concern; 70% of Trump voters compared to 60% of Joe Biden voters agreed that AI could threaten humankind.
How the CEO behind ChatGPT won over Congress
  + stars: | 2023-05-17 | by ( Brian Fung | ) edition.cnn.com   time to read: +9 min
It was a pivotal moment for the AI industry. He agreed that large-scale manipulation and deception using AI tools are among the technology’s biggest potential flaws. On Tuesday, they seemed ready — or even relieved — to be dealing with another area of the technology industry. The AI industry’s biggest players and aspirants include some of the same tech giants Congress has sharply criticized, including Google and Meta. Here too, Altman deftly seized an opportunity to curry favor with lawmakers by emphasizing distinctions between his industry and the social media industry.
[1/4] OpenAI CEO Sam Altman testifies before a Senate Judiciary Privacy, Technology & the Law Subcommittee hearing titled 'Oversight of A.I. Some critics fear the technology will exacerbate societal harms, among them prejudice and misinformation, while others warn AI could end humanity itself. Globally, this is exploding," said Senator Cory Booker, one of many lawmakers with questions about how best to regulate AI. The White House has convened top technology CEOs including Altman to address AI. An OpenAI staffer recently proposed the creation of a U.S. licensing agency for AI, which could be called the Office for AI Safety and Infrastructure Security, or OASIS, Reuters has reported.
WASHINGTON, May 15 (Reuters) - New Jersey's two Democratic senators and the state's governor said on Monday they are seeking to halt a plan by New York City to adopt a congestion pricing plan in Manhattan, which would be the country's first. Senators Bob Menendez and Cory Booker urged U.S. Transportation (USDOT) Secretary Pete Buttigieg not to grant final approval to environmental reviews needed to implement the congestion pricing plan after his department gave a key approval on May 5. Governor Phil Murphy said he would work "to halt implementation of this misguided tolling plan" and said the state is assessing legal options. Earlier this month, USDOT approved release of the final environmental assessment for New York's congestion pricing plan for public review. New York said drivers could face a traffic congestion charge of up to $23 a day.
New Jersey’s Senators Push Back on Congestion Pricing
  + stars: | 2023-05-15 | by ( Ana Ley | ) www.nytimes.com   time to read: +2 min
Many transit advocates, community leaders and urban planning experts in New York have celebrated the progress made toward congestion pricing this month, saying it was long overdue. The loudest opposition to the program has come from New Jersey. Mr. Murphy on Monday also unveiled an advertising campaign criticizing the program, complete with billboards near interstate crossings. Other opponents of congestion pricing have included taxi drivers and Lyft and Uber drivers, who worry that fare increases triggered by the tolls could slash demand for taxis and for-hire rides by up to 17 percent. says the program, which would affect drivers entering Manhattan south of 60th Street, could begin as soon as spring 2024.
CNN —Nikola Jokić made history with a triple-double on Tuesday night to lead the Denver Nuggets to a comfortable 118-102 Game 5 win in their Western Conference playoff series against the Phoenix Suns. The Nuggets were spearheaded as usual by Jokić, who created yet more history with his excellent all-around performance. Brown provided a key thrust for Denver throughout, scoring 25 points off the bench, something Jokić was keen to praise. Devin Booker led the way for the Suns with 28 points while Durant added 26 points, 11 rebounds and seven assists. The home team has now won every game in the series so far, with Game 6 taking place in Phoenix on Thursday.
A leaked video shows Tucker Carlson laughing and shouting an infamous Bill O'Reilly quote. The clip of O'Reilly having an outburst in an "Inside Edition" outtake went viral in 2008. Leaked video shows former Fox News host Tucker Carlson quoting an infamous behind-the-scenes outburst by Bill O'Reilly, another former host for the network who held Carlson's old time slot and was also pushed out. The video, obtained by the left-leaning nonprofit Media Matters, shows Carlson on the set of "Tucker Carlson Today," his show that streamed online at Fox Nation. The phrase became well known in 2008 when an outtake from O'Reilly's time at "Inside Edition" in the early 1990s surfaced online and went viral.
New York CNN —In a newly revealed text message, ousted Fox News host Tucker Carlson made a racist comment and said he found himself briefly rooting for a mob of Trump supporters to kill a person, according to the New York Times. The text message alarmed Fox’s board of directors and played a role in Carlson’s abrupt firing last month, the paper reported. Tucker Carlson did not immediately respond to CNN’s request for comment. At the end of his text, Carlson reportedly continued that he does not condone violence. “What’s not news is the fact that Tucker Carlson is a white nationalist,” Greenblatt tweeted.
Sen. Michael Bennet discussed food politics with cookbook author Mark Bittman in a new podcast. Bennet shared how he devoured Bittman's recipes during the pandemic and now cooks them regularly. Bennet told Insider he whips up a briny tuna sandwich creation every chance he gets. "I'm going to show you how to make the most sublime thing that is in Mark Bittman's cookbook," the Colorado Democrat says as he walks social media fans through a savory offering punched up by anchovy-spiked olive tapenade. "And I rattled off Mark Bittman's recipe for stir-fried tofu."
Sen. Michael Bennet discussed food politics with cookbook author Mark Bittman in a new podcast. Bennet shared how he devoured Bittman's recipes during the pandemic and now cooks them regularly. Bennet told Insider he whips up a briny tuna sandwich creation every chance he gets. "I'm going to show you how to make the most sublime thing that is in Mark Bittman's cookbook," the Colorado Democrat says as he walks social media fans through a savory offering punched up by anchovy-spiked olive tapenade. "And I rattled off Mark Bittman's recipe for stir-fried tofu."
Rupert and Lachlan Murdoch had calls with Ukrainian President Volodymyr Zelenskyy, Semafor reported. The separate phone calls reportedly happened weeks before Fox News host Tucker Carlson was fired. There is no clear link between the Murdochs' calls with Zelenskyy and Carlson's firing from Fox News. Rupert and Lachlan Murdoch had separate phone calls with Ukrainian President Volodymyr Zelenskyy weeks before Tucker Carlson, who has been critical of Ukraine and Zelenskyy, was fired from Fox News, Semafor reported. The Washington Post reported that during a Fox newsroom meeting, Rupert Murdoch"loudly" challenged Carlson about one of his segments on the Ukraine war.
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