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☆ Neither Trump nor Harris really gave us much detail about how they will fix the economy in the debate
▼ + stars: | 2024-09-11 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +5 min

Though the debate opened with a discussion about the economy, the conversation quickly devolved into platitudes, boasts, and personal jabs. Industry leaders told Business Insider that they hoped to hear the candidates discuss crypto guidelines, regulation, and key appointments on Tuesday night, but little was said about any of those topics. "What we really need is either a debate or a whole section of a debate devoted to economic issues," Tedeschi said. Tedeschi told Business Insider that we need clarity about Trump's proposed tariffs, which are the "most consequential and radical thing that he's proposed." Chris Larsen, the billionaire co-founder of blockchain payments company Ripple, told Business Insider that Harris was "spectacular."

Persons: —, Kamala Harris, Donald Trump sparred, Ernie Tedeschi, Tedeschi, Harris, Trump, Paul Donovan, Mark Penn, Clinton, Aaron Levie, Chris Larsen, Crypto, there's, Larsen, Bradley Tusk Organizations: Service, Industry, Business, Yale Budget Lab, UBS Global Wealth Management, New York Times, Federal, Federal Trade Commission, Others, Trump, Democratic, Tusk Venture Partners Locations: platitudes

☆ U.S. job market slows, but it's not yet a 'three-alarm fire,' economist says
▼ + stars: | 2024-09-06 | by ( Greg Iacurci | ) www.cnbc.com time to read: +3 min

The unemployment rate also fell slightly, to 4.2% from 4.3% in July. For example, average job growth was 116,000 over the past three months; the three-month average was 211,000 a year ago. The unemployment rate has also steadily risen, from 3.4% as recently as April 2023. In other words, many more Americans entered the job market and looked for work; they're counted as unemployed until they find a job. That said, the job hunt has become more challenging for job seekers than in the recent past, according to Bunker.

Persons: Michael M, Ernie Tedeschi, Biden, hasn't, Julia Pollak, Bunker, " Tedeschi, Tedeschi Organizations: FedEx, Broadway, Santiago, Getty, of Labor Statistics, Yale Budget Lab, White House Council, Economic Advisers, Labor Department, ZipRecruiter, Workers, ., Federal Reserve Locations: New York City, U.S

☆ Both Trump and Harris want to eliminate taxes on tips. This is how it could affect workers
▼ + stars: | 2024-08-12 | by ( Tami Luhby | Matt Egan | ) edition.cnn.com time to read: +6 min

But the move likely wouldn’t help many tipped workers, largely because a sizable share don’t earn enough to pay federal income taxes, experts say. Harris would couple her plan to eliminate taxes on tips with a push for Congress to raise the minimum wage, a Harris campaign official said. Many states and municipalities have higher minimum wages and minimum tipped wages, while some states have eliminated lower minimum wages for tipped workers. Just excluding tips from federal income taxes could reduce revenues by at least $107 billion over 10 years, according to the Tax Foundation. Just getting rid of federal income taxes on tips would lead to a loss of about half that size.

Persons: Donald Trump, Kamala Harris, Trump, Harris, Republican Sen, Ted Cruz of, Democratic Sens, Jacky Rosen, Catherine Cortez Masto, it’s, ” Ernie Tedeschi, Biden, ”, Erica York, ” York, Tedeschi, Ted Pappageorge, “, Pappageorge, Bethany Khan, CNN’s Aaron Pellish Organizations: CNN, Republican, Social Security, Democratic, Yale University, Budget, White House Council, Economic Advisers, Tax Foundation, Culinary Workers Union Local, Culinary Union Locations: Las Vegas, Ted Cruz of Texas, Nevada, York

☆ Harris matches Trump proposal to ban taxes on tips at Las Vegas rally
▼ + stars: | 2024-08-11 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +3 min

Vice President Kamala Harris pledged to eliminate taxes on tips in the service and hospitality sectors if she wins the presidency, echoing the same proposal former President Donald Trump announced months earlier. The proposal came a day after the Culinary Workers Union, a major labor group in Nevada, endorsed Harris. Trump quickly took to social media to claim credit for the proposal, which he put forward in June at his own Las Vegas rally. "[Harris] has no imagination, whatsoever, as shown by the fact that she played 'COPYCAT' with, NO TAXES ON TIPS!" Banning taxes on tips would require new legislation and congressional approval, which a Harris campaign official later acknowledged.

Persons: Kamala Harris, Donald Trump, Harris, Trump, Ernie Tedeschi, Tedeschi Organizations: Culinary Workers Union, Federal, Yale University's, CNBC, Trump Locations: Las Vegas, Nevada, America, Las

☆ We are pointed towards 'recessionary dynamics': New Century's Claudia Sahm
▼ + stars: | 2024-08-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe are pointed towards 'recessionary dynamics': New Century's Claudia SahmDiane Swonk, KPMG chief economist; Ernie Tedeschi, Yale Budget Lab director of economics; and Claudia Sahm, New Century Advisors chief economist, join 'The Exchange' to discuss their reactions to the July job report, the possibility of an upcoming recession, and more

Persons: Claudia Sahm Diane Swonk, Ernie Tedeschi, Claudia Sahm Organizations: KPMG, Yale Budget Lab, Claudia Sahm , New Century Advisors Locations: Claudia Sahm ,

☆ Democrats vs. Republicans: Who's better for the economy?
▼ + stars: | 2024-07-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDemocrats vs. Republicans: Who's better for the economy? Stephen Moore, Heritage Foundation senior visiting fellow and economic advisor to former President Trump, and Ernie Tedeschi, The Budget Lab at Yale Law School director of economics and former White House CEA chief economist under President Biden, join 'Squawk Box' to discuss whether Democratic or Republican policies would be best for the American economy over the next four years.

Persons: Who's, Stephen Moore, Trump, Ernie Tedeschi, Biden Organizations: Heritage Foundation, Yale Law School, White House CEA, Democratic

☆ Biden's new immigration executive order could tighten labor markets, but ease supply chain bottlenecks
▼ + stars: | 2024-06-04 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +8 min

Mike Blake | ReutersSince 2019, immigration has added 2 million workers to the U.S. labor supply, according to an April analysis by Tedeschi. Without immigrants, Tedeschi estimated that the size of the U.S. labor supply would have shrunk by 1.2 million during that period. The short answer is that this executive order will probably not increase inflation. Some experts say the executive order could bring down costs by smoothing out the U.S.-Mexico supply chain. Biden's executive order could help clear some of these supply chain bottlenecks.

Persons: Joe Biden, Leah Millis, Joe Biden's, Biden, Andrés Manuel López Obrador, Jose Luis Gonzalez, Ernie Tedeschi, Tedeschi, Trucks, Daniel Becerril, Donald Trump, I'd, Mike Blake, Tara Watson, Guillermo Arias, Jerry Pacheco, It's, Pacheco, Watson, Trump, Saul Loeb Organizations: White, . Border Patrol, Department of Homeland Security, NBC, Texas National Guard, Reuters, United, Yale University's, White House Council, Economic Advisers, Customs, Brookings, Immigrants, AFP, Getty Images Shipping, Border Industrial Association, Getty Locations: U.S, Mexico, Washington , U.S, United States, Texas, Ciudad Juarez, Nuevo Laredo, Biden's, San Diego , California, Mesa Port, Tijuana , Mexico, New Mexico, Calexico , California

☆ Live Updates: Inflation Expected to Cool Slightly
▼ + stars: | 2024-05-15 | by ( Ben Casselman | ) www.nytimes.com time to read: +9 min

Housing Inflation Remains Stubbornly High Economists had expected two measures of rental inflation to fade in 2023 and 2024, but that process is taking time to play out. There are two main measures of inflation in America, the Consumer Price Index and the Personal Consumption Expenditures index. Consumer Price Index Inflation Remains Hotter The Consumer Price Index is climbing faster than the Personal Consumption Expenditures index, in large part because it weights housing more heavily. With housing, Consumer Price Index inflation totaled 3.5 percent in March. But the convergence between new and existing rent inflation is taking a lot longer than expected.

Persons: There’s, “ It’s, ”, Mark Zandi, Biden, Zandi, grousing, “, O.E.R, We’re, would’ve, Mark Franceski, I’ve, Ernie Tedeschi, Tedeschi Organizations: New York Times, Federal Reserve, Index, Housing, Zelman, Associates, White House Council, Economic Advisers Locations: America, bam, Europe

Learn moreChris Stapleton's hit tour runs through the rest of 2024 and early 2025, but tickets are selling out fast. The All-American Road Show has been ongoing since 2017 and serves as Chris Stapleton's first solo headlining tour. We've got you covered if you're looking for how to get tickets to Chris Stapleton's All-American Road Show concert tour in 2024. According to Chris Stapleton's website, Single Barrel VIP tickets start at $379, and Small Batch VIP tickets begin at $169. Who is opening for Chris Stapleton's tour?

Persons: Chris Stapleton's, Chris Stapleton, We've, Ames, Bristow, Gilford, George Strait, Grace Potter, Nikki Lane, Marcus King, Allen Stone, Tedeschi, Marty Stuart, Miranda Lambert, Willie Nelson, Sheryl Crow, TN Marcus King, AR Tedeschi, Arlington , TX Marty Stuart, England Miranda Lambert, Houston , TX Willie Nelson, Seattle , WA Sheryl Crow, WA Chris Stapleton Organizations: Business, FL, UT, IL, Ticketmaster, Houston, Las Vegas, Big Town, Family, Jacksonville , FL, Palm Beach , FL, SD, Stone, WA Locations: Las Vegas, Auckland , New Zealand, Indianapolis, Palm Beach, Tampa, Jacksonville, Rapid City, Sioux, Cuyahoga Falls, Charlotte, NC, Lexington, KY, Camden, NJ, East Rutherford, Kansas City, Ridgedale, Arlington, TX, Los Angeles, CA, Salt Lake City, Darien, NY, Burgettstown, Detroit, MI, Toledo, Columbus, Chicago, Nampa, Ridgefield, WA, Seattle, Gilford , New Hampshire, Nashville, TN, Birmingham, Little, Houston, Manchester, England, Glasgow, Scotland, London, Vegas, Melbourne, Australia, Brisbane, Sydney, Auckland, New Zealand, Ridgedale , Missouri, Jacksonville ,, Ames, East Rutherford , NJ, Detroit , MI, Chicago , IL, Palm Beach ,, Palm Beach , FL, Los Angeles , CA, Gilford, NH, Houston ,, Camden , NJ, Bristow , VA, Darien , NY, Toledo ,, Columbus ,, Ridgefield , WA, Kansas City ,, Arlington , TX, Dublin, Ireland, Houston , TX, Seattle , WA

☆ Test audiences thought the shocking ending of Sydney Sweeney's horror movie had to be seen to be believed. The director says they're wrong.
▼ + stars: | 2024-03-30 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +9 min

So the bloody, emotionally raw ending of "Immaculate" became his thesis statement on the kind of horror movie he wanted to make. "She brought me on for a reason, and that was the reason," Mohan told BI. Related stories"I wanted there to be this moment of real catharsis," Mohan told BI. We figured out the camera blocking, because it's really minimalist, it's all just about her performance," Mohan told BI. NEONIt took multiple rounds of notes over three to four weeks to get the baby sound just right.

Persons: —, Sydney Sweeney, Michael Mohan, Mohan, who'd, Sweeney, Cecilia, she's, Virgin Mary —, Sal Tedeschi, Álvaro, Jesus, he'd, rampages, Tedeschi, Fabia Lavino, Andrew Lobel's, Sweeney couldn't, Lobel, Lobel's, birthed, Bryan Parker, Parker, Parker's, that's, Michael Organizations: Service, Netflix, Business, SXSW, TV Locations: American, —

☆ Eighty years on, Italian victims of Nazi crimes finally to get compensation
▼ + stars: | 2023-09-03 | by ( Crispian Balmer | ) www.reuters.com time to read: +6 min

A study funded by the German government and published in 2016 estimated that 22,000 Italians were victims of Nazi war crimes, including up to 8,000 Jews deported to death camps. However, it did not offer reparations for war crimes. "They didn't look at war crimes and this was a mistake. In 1994, a cupboard was found in the offices of Rome's military prosecutors packed with files documenting hundreds of war crimes that had never been prosecuted. In 2012, the International Court of Justice backed Berlin, but Italian courts continued to hear compensation cases, saying no limit could be imposed on war crimes.

Persons: Crispian Balmer, Mauro Petrarca, Domenico Lancellotta, Giulio Disegni, Lucio Olivieri, Petrarca, Mario Draghi, Disegni, Fornelli, Giovanni Tedeschi, Alison Williams Organizations: REUTERS, Nazis, International Court of Justice, Union of Italian Jewish, Allied, Rome, Nazi, Berlin, PRIDE, Italian Treasury, Reuters, Treasury, Thomson Locations: Fornelli, Molise, Italy, Germany, Berlin, Rome

☆ Fact Check-Clip shows prop created for ‘Raised by Wolves’ HBO TV series
▼ + stars: | 2023-05-03 | by ( Reuters Fact Check | ) www.reuters.com time to read: +1 min

A clip showing a prop created for the television series “Raised by Wolves” has been shared online with false claims that it shows a real creature. While some online were aware that the clip shows a prop, others questioned whether it showed a real creature. Examples of the clip shared online can be viewed (here) and (here). Tedeschi, who described the post on Twitter as a “Creature we made for hbo raised by wolves,“ confirmed via Twitter replies (here) and in email that the creature was created for the HBO series “Raised by Wolves”. The clip shows a prop created for the TV series “‘Raised by Wolves”.

☆ Want to Make a Change? Conjure Your ‘Possible Selves.’
▼ + stars: | 2023-04-19 | by ( Joanne Lipman | ) www.nytimes.com time to read: +2 min

These possible selves, both positive and negative, are closely related to motivation. A person whose feared possible self is an alcoholic may become a teetotaler. And researchers have found that conjuring positive possible selves can improve well-being and alleviate symptoms of depression by holding out the potential for a better future. A possible self can take you beyond daydreams, which are often fleeting and not necessarily grounded in reality. It can come to fruition “if you build a bridge from your ‘now’ self to the possible self,” Dr. Markus said.

☆ ‘Personality Crisis: One Night Only’ Review: David Johansen Gets the Scorsese Treatment
▼ + stars: | 2023-04-14 | by ( John Anderson | ) www.wsj.com time to read: +1 min

If “Mean Streets,” “Taxi Driver,” “Raging Bull” and “Goodfellas” had never existed, Martin Scorsese would still occupy an exalted place in American cinema, strictly for his documentaries. His films on The Band, George Harrison, Bob Dylan, New York City, Italian opera and Fran Lebowitz constitute a singular catalog of movies, all of which are purely entertaining while exploring the complicated space where public image, art and personal history co-exist. Mr. Scorsese’s evident interests as a nonfiction filmmaker come together in “Personality Crisis: One Night Only,” his study of a less-than-obvious subject— David Johansen , onetime New York Doll and proto-punk rocker, who for several decades has also performed as Buster Poindexter , pompadoured lounge lizard and crooner of standards, novelty songs and the work of David Johansen. This is how Mr. Scorsese, credited as co-director with David Tedeschi , frames this portrait of a New York institution: during an early 2020 gig at the upscale Café Carlyle (which Mr. Poindexter refers to as a “boîte” and a “joint”), where the alter ego performs the work of the original.

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