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CNN —The annual G7 summit, a gathering of leaders of some of the world’s wealthiest democracies, used to be a staid, predictable affair. Tensions were about to explode in 2018, when G7 leaders met in Canada. Behind the smiles and waves, a fraught 2018 G7 summit in Canada. German Chancellor Angela Merkel deliberates with US president Donald Trump on the sidelines of the 2018 G7 summit in Canada. German Chancellor Angela Merkel chats with a relaxed US President Barack Obama outside during the 2015 G7 summit in southern Germany.
Persons: Frida Ghitis, Read, Joe Biden, Pope Francis, Volodymyr Zelensky –, , Donald Trump, Justin Trudeau, Cole Burston, Trump, Angela Merkel, Merkel, Angela Merkel deliberates, Jesco Denzel, Barack Obama, Michael Kappeler, George W, Bush, backrub, Vladimir Putin, Putin, Covid, ” Biden, ” Macron, Boris Johnson, Ludovic Marin, Biden, Emmanuel Macron’s, autocrats, Lady Melania Trump, Trudeau, Andrew Parsons, Giorgia Meloni, Organizations: CNN, Washington Post, Politics, Frida Ghitis CNN, European Council, Canadian, Bloomberg, Trump, Getty, Deutschland, Kremlin, Parliamentary, United, Brothers Locations: Puglia, Italy, Canada, France, Germany, Japan, Bavarian, AFP, St Petersburg, Russia, Russian, St . Petersburg, Handout, Crimean, Washington, United States, British, Ukraine, Biarritz, Italian, Europe
3 risks to global economic growth
  + stars: | 2024-06-13 | by ( Krystal Hur | )   time to read: +7 min
The World Bank on Tuesday raised its 2024 outlook for global economic growth to hold steady at 2.6%, an increase from its previous projection of 2.4% growth. “Four years after the upheavals caused by the pandemic, conflicts, inflation, and monetary tightening, it appears that global economic growth is steadying,” Indermit Gill, the World Bank’s chief economist, said in a release accompanying the report. Prospects for the world’s poorest economies are even more worrisome.”Here are three risks the World Bank sees. The World Bank said that spillover risk from the Russia-Ukraine war and Israel-Hamas war could curb global growth by pushing up oil prices and shipping costs. Trade tensions are already brewing between some of the world’s biggest global economic engines.
Persons: ” Indermit Gill, Jerome Powell, , Ayhan Kose, Danielle Wiener, Bronner, Joe Erlinger, aren’t, TikTok, John S, James L, Donald Trump, Joe Biden’s, Biden Organizations: CNN Business, Bell, New York CNN, Bank, World Bank, European Central Bank and Bank of Canada, US Federal Reserve, European Commission, EU, Bureau of Labor Statistics, McDonald’s, Pew Research Center, Knight Foundation, TikTok Locations: New York, Russia, Ukraine, Israel, India, Mexico, United States, France, United Kingdom, China, Beijing
Many TikTok users in the survey said they care far more about entertainment, culture and friends. TikTok users don’t care much about politicsMany TikTok users, roughly 4 in 10, said they do see at least some politics content on the app, according to the survey. Only a third of TikTok users said they use the app to keep up with politics; 41% said they use it to get news. Right now, 22% of TikTok users say content on the app is mostly liberal, while 6% say it’s mostly conservative, according to Pew’s latest survey. TikTok users who identify as Republicans were slightly more likely than Democratic TikTok users to say TikTok is bad for US democracy, but only by a slim margin of 7 percentage points.
Persons: Washington CNN —, John S, James L, Donald Trump, Joe Biden’s, TikTok, Biden, Pew, ” Pew, we’ve, , Colleen McClain, , Elon Musk, ” McClain, McClain, Musk, it’s Organizations: Washington CNN, Pew Research Center, Knight Foundation, TikTok, Facebook, Trump, CNN, Pew, Democratic, Elon, , Republican Twitter Locations: China, United States, TikTok, Gaza
In 2013, the share of self-identified liberals among young women exceeded the share among young men by 5 percentage points; by 2023, that gap was nearly four times as large. (In that survey, young men were substantially more likely than young women to say they rely on YouTube as a major source of news.) (In the Harvard poll, one-fourth of young women identified in some way as LGBTQ, more than double the share of young men.) “He’s got to make up for the defection of young men by winning young women by more, and he’s got to get every young woman he can out to vote,” said Lake, the Democratic pollster. Biden’s best hope of avoiding a catastrophic decline in his youth support is that the number of young women Trump repels exceeds the number of young men he attracts.
Persons: Joe Biden, Donald Trump, Biden, John Burn, Murdoch, , Harvard University’s John F, Daniel Cox, William Frey, Melissa Deckman, Gen, , Trump, John Della Volpe, Joe Biden doesn’t, Della Volpe, White, Deckman, aren’t, Cox, Dobbs, Anna Dean, Dean, ” Della Volpe, he’s, don’t, ” Cox, “ Donald Trump, “ He’s Organizations: CNN, Trump, Biden, Pew Research Center, Financial, NBC, Democratic, Republican, GOP, Institute of Politics, Harvard University’s, Kennedy, Republican Party, Harvard, Democrats, Survey Center, American Enterprise Institute, Biden didn’t, Brookings Metro thinktank, Religion Research Institute, Biden’s, YouTube, Pew, AEI, Blacks, Harvard Poll, Biden won’t Locations: Gaza, New York, Bentonville , Arkansas, America
But the middle class may be more occupationally ambiguous, especially since a middle class income can range from $49,720 to $149,160 in the U.S., according to Pew Research's definition and based on the latest Census Bureau income data. Pew defines the middle class as households earning between two-thirds and double the median income, which was $74,580 in 2022, according to the U.S. Census Bureau. Since over half of U.S. households were estimated to be in the middle class as of 2022, Pew says, it makes sense the jobs that offer those middle class incomes would vary. But some positions and industries tend to have higher shares of middle class workers. Notably, many of the jobs that are likely to ensure a middle class salary may not require a college education.
Persons: Pew Organizations: Pew, . Census, Survey, Armed, Workers, Bureau of Labor Statistics, Department of Defense, Public, CNBC Locations: U.S
Trump and Biden are set for a rematch this fall, and the stakes couldn't be higher. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementPresident Joe Biden and former President Donald Trump are set for a rematch this November — and most Americans aren't happy about it. Poll after poll has shown that the race is essentially tied at the national level. The stakes of the election couldn't be higher.
Persons: Trump, Biden, , Joe Biden, Donald Trump Organizations: Service, Pew Research Center, Voters, Business Locations: Gaza, America
How therapy can boost happiness
  + stars: | 2024-06-09 | by ( Andrea Kane | )   time to read: +8 min
“(One) is that you’re going to go in, you’re going to download the problem of the week, and you’re going to leave, and you’re basically just complaining and getting validated for your complaints. Therapy helps to connect with othersModern times have created an epidemic of loneliness; the pandemic only made it worse. Therapy helps us see the big pictureTherapy helps people see that they are part of larger forces, and not simply individuals who formed with no external influences. “(Therapy) helps you to process that unfinished business.”She pointed out that our parents were human and often did what they learned from their parents. Therapy helps us control our storyOur life is a narrative, and therapy can help us make sense of it.
Persons: it’s, don’t, Lori Gottlieb, Sanjay Gupta, Gottlieb, I’m, , they’d, ” Gottlieb, you’re, you’ve, who’s, , , ’ ”, … they’re Organizations: CNN, Pew Research Center
Many Americans are not willing to leave a tip all the time, and they're becoming less likely to do so. The 2024 survey of US adults conducted from April 29 to May 1 found that 67% percent of those who go to sit-down restaurants always give tips to servers. Thirty-five percent of adults said "tipping culture has gotten out of control," per the Bankrate post. Still, the survey found 78% of Gen Xers and 86% of baby boomers who go to sit-down restaurants always give a tip. AdvertisementAnd younger Americans are less likely to tip at sit-down restaurants.
Persons: Bankrate, Ted Rossman, it's, Xers, culture's, Gen Xers, Gen Zers, millennials, Rossman, that's Organizations: Service, Business, Pew Research Center
Middle-class Americans are falling behind
  + stars: | 2024-06-06 | by ( Krystal Hur | )   time to read: +7 min
Middle-class income growth has lagged behind that of the upper class since 1970, according to a Pew Research Center report published May 31. There are signs that middle-class Americans are dialing back their spending. Fast food joints, a mainstay dining destination for middle-income consumers, are leaning into discounts to placate frustrated diners. Kohl’s that same month reported weak first-quarter results, underlining how middle-income consumers are pulling back spending on non-essential clothing and discretionary merchandise at department stores. Economic growth has been anemic in recent years, squeezing living standards and starving public services of funds.
Persons: , Jennifer Jones Austin, Thomas Kingsbury, Narendra Modi, Diksha Madhok, Peeyush Mittal, Modi, ” Shilan Shah, ” Read, Hanna Ziady, Rishi Sunak, Sunak, Keir Starmer, Tony Blair, Starmer Organizations: CNN Business, Bell, New York CNN, Pew Research, Living Coalition, Data, Bureau of Labor Statistics, Matthews Asia, Bharatiya Janata Party, BJP, Capital Economics, Conservative Party of, European Union, Labour Party, National Health Service, Labour, Conservative Party Locations: New York, India’s, India, United Kingdom, China, San Francisco, Beijing, Washington, Ukraine
Jason John Miles, a tattoo artist and content creator, said the industry is in a "bad state." According to data from Fortune Business Insights, the tattoo industry is expected to reach $3.92 billion by 2030. "Consumers are less likely to put up with bullshit from tattoo artists and tattoo shops," Dominique said. There are tons of good male tattoo artists, she said, and there is still a market for them. Despite the current challenges, artists who spoke with BI said they were hopeful about the tattoo industry.
Persons: , Jason John Miles, Jason Barry Hua, Hua, Allan Buhl, we've, Buhl, they've, Dominique, They're, Statista, Gen Zers, There's, Courtney Monteith, overcharged, they're, Elaine, Kee Kee James, Mikhaila Friel Organizations: Service, Business, Pew Research Center, Fortune Business, birmingham, BI Locations: New York, United States, Florida
Today's cars have an unprecedented capacity to surveil people inside and around them, and it's raising alarms with privacy advocates. A growing chorus of advocates and politicians say automakers aren't doing enough to protect consumer data from companies, criminals or even the government itself. "Our cars aren't a means of independence and privacy anymore," said Jen Caltrider, director of the Mozilla Foundation's Privacy Not Included program, in an interview with CNBC. GM, Nissan, Stellantis and BMW responded with statements saying they take customer privacy and data protection very seriously and comply with all applicable laws. In late April, two senators asked the Federal Trade Commission to investigate automakers for allegedly deceiving customers about the companies' data management practices.
Persons: Jen Caltrider, Caltrider, Nissan Organizations: General Motors, LexisNexis, GM, CNBC, Solutions, Mozilla Foundation, Mozilla, Nissan, BMW, Alliance, Automotive Innovation, Pew Research, Federal Trade Commission Locations: Florida
Depending on where you live, what's considered a middle income may not actually afford you a middle class lifestyle. Still, over half of U.S. adults self-identify as middle class or upper-middle class, according to a 2024 Gallup Poll. The organization defines middle class as income between two-thirds and double the national median household income, after incomes have been adjusted for household size. Middle income residents make up 65% of the population in Dover, Delaware — the largest share of over 200 metropolitan areas Pew analyzed. There, you need to earn between $36,292 and $108,876 a year to be considered middle class.
Persons: what's Organizations: Pew Research, Pew, . Census, American, Survey Locations: U.S, Dover , Delaware
In a 2023 Pew survey on teen internet use, only about one-third of US teens ages 13 to 17 said they used Facebook. Compare that with Pew's 2014 survey, when 71% of teens said they used Facebook. AdvertisementSecondly, Facebook is hoping to lure back young adults with offerings like Marketplace, Dating, Groups, and Events. And I don't think Facebook Dating is a huge hit. I know it seems improbable that Facebook could become cool for Gen Z, but don't count it out — they just might pull this off.
Persons: Meta, , Elon Musk's, I'm, Instagram, Mark Zuckerberg Organizations: Service, Facebook, Pew, Facebook —, Meta, Craigslist, mojo, TikTok
In 2024, Gen Z workers are expected to outnumber baby boomers in the American labor force for the first time. CNBC Make It explores how Gen Zers are really putting their mark on career advice, office culture and more. Much of the advice is geared toward Gen Z and younger millennials figuring out their place in a chaotic post-pandemic work landscape. Much of the career advice on TikTok echoes the tips shared in podcasts, YouTube videos and LinkedIn thought pieces. It's just the aesthetics and format that are different — and more appealing — to Gen Z.
Persons: Jade Walters, TikTok, Gen, Zers, Baron Leung didn't, Leung, Weeks, Baron Leung, it's, jobseekers, Z, Joe Biden, It's, Walters, I've, Gen Z, Grace Dunlavy, Dunlavy, New York — Organizations: CNBC, LinkedIn, Zenith, Pew Research Center, Howard University, Saint Louis University Locations: Toronto, U.S, Chicago, New York
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow companies decide on appropriate salaries and how to negotiate for more moneyOnly 34% of Americans are satisfied with how much they are paid at work, according to a March 2023 Pew Research Center survey. Career experts urge people to do market research before making a decision about whether to negotiate for more money or find a new job. Sometimes a discrepancy in pay between two employees may be due to market conditions. Watch the video above to learn more about what career experts recommend you do if you think you're being underpaid.
Organizations: Pew Research Center
"It never occurred to me until that conversation that I was severely underpaid." She said she didn't think to negotiate her salary when she received the job offer. "The term underpaid shouldn't be used to compare you to a colleague," said Sho Dewan, career expert and founder of Workhap. One option if you suspect you're being underpaid is to request a salary adjustment from your employer. This is where that market research comes in handy, along with highlights from your performance review.
Persons: Kelly Harry, Harry, Maddie Machado, It's, Peter Cappelli, Sho Dewan, there's, Machado, Dewan, Henry, " Machado, you've, Cappelli, doesn't Organizations: CNBC, Finance, Workers, Research Center, The Wharton School, University of Pennsylvania, Human Resources, Pew Research Center Locations: New York City, U.S
From curries to noodle dishes, these Asian and Asian-American dishes can be made in a slow cooker. Chef Hugh Acheson recommends making Thai chicken soup in a slow cooker. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Asian and Asian-American cuisine is exceptionally popular in the US — a 2023 report by the Pew Research Center found that around 73% of all counties in the US have at least one Asian restaurant in their vicinity. The report found that Chinese restaurants are, by far, the most popular kind of Asian restaurant, followed by Japanese and Thai establishments.
Persons: Hugh Acheson, Organizations: Service, Pew Research Center, Business
CNBC Make It explores how Gen Zers are really putting their mark on career advice, office culture and more. But it's also become a popular destination for young jobseekers seeking career advice and opportunities. Much of the career advice on TikTok echoes the tips shared in podcasts, YouTube videos and LinkedIn thought pieces. The career confidante for Gen ZTikTok is often the first place Grace Dunlavy will go for career advice. The drawbacks of getting career advice on TikTok
Persons: Jade Walters, Gen, Zers, Baron Leung didn't, Leung, Weeks, TikTok, Baron Leung, it's, jobseekers, Z, Joe Biden, It's, Walters, I've, Gen Z, Grace Dunlavy, Dunlavy, New York — Organizations: TikTok, CNBC, LinkedIn, Zenith, Pew Research Center, Howard University, Saint Louis University Locations: Toronto, U.S, Chicago, New York
FCC ends affordable internet program due to lack of funds
  + stars: | 2024-05-31 | by ( Brian Fung | )   time to read: +3 min
Washington CNN —The Affordable Connectivity Program, which helped low-income Americans get online, is no more. The program’s lapse threatens to throw nearly 60 million Americans into financial distress, CNN has reported. The program officially ends on June 1, said the Federal Communications Commission, which administered the Affordable Connectivity Program (ACP) to approximately 1 in 5 households across the country and on tribal reservations. “The Affordable Connectivity Program filled an important gap that provider low-income programs, state and local affordability programs, and the Lifeline program cannot fully address,” said FCC Chairwoman Jessica Rosenworcel in a statement, referring to the name of another, similar FCC program that subsidizes wireless and home internet service. He also announced a series of voluntary commitments by a handful of internet providers to offer — or continue offering — their own proprietary low-income internet plans.
Persons: , Jessica Rosenworcel, Joe Biden, Mike Johnson didn’t, Biden, Kathryn de Wit, Wit, Organizations: Washington CNN, Program, Republicans, Democratic, CNN, Federal Communications Commission, Lifeline, FCC, Republican, Comcast, Cox, Verizon, ACP, Congress, Pew
Opinion | The Gender Gap Is Now a Gender Gulf
  + stars: | 2024-05-29 | by ( Thomas B. Edsall | )   time to read: 1 min
Regardless of who wins the presidential election, the coalitions supporting Joe Biden and Donald Trump on Nov. 5, 2024, will be significantly different from those on Nov. 3, 2020. On May 22, Split Ticket, a self-described “group of political and election enthusiasts” who created a “website for their mapping, modeling and political forecasting,” published “Cross Tabs at a Crossroads: Six Months Out.”Split Ticket aggregated “subgroup data from the cross tabs of 12 reputable national 2024 general election polls” and compared them to 2020 election results compiled by Pew, Catalist and AP. Combining data from multiple surveys allowed Split Ticket to analyze large sample sizes and reduce margins of error for key demographic groups.
Persons: Joe Biden, Donald Trump, Organizations: Pew, Catalist
However, the average millennial reported roughly $63,000 in retirement savings so far. While millennials will need more money to retire comfortably, many are far away from the savings milestone experts suggest. What's more, the future of the US Social Security system is uncertain, and longer expected lifespans — while a positive development — will require more retirement savings. How to figure out how much retirement savings you needTiffany Bell, a 36-year-old business management professional based in Houston, didn't always take retirement savings seriously. How millennials can get their retirement savings back on trackWhile some millennials are struggling financially, it's not all doom and gloom when it comes to their retirement prospects.
Persons: Nathaniel Hudson, Hartman, millennials, Tiffany Bell, didn't, Bell, she's, they're, Chris Chen, Chen, Judi Leahy, it's, Leahy, NerdWallet, Bell —, , X, What's, Nilay Gandhi, Roth, Rita Assaf, Assaf, Gandhi Organizations: Business, Northwestern Mutual, Pew, US Social Security, Fidelity, Financial, Citi, Wealth Management, Vanguard, Big, CFP, Roth IRA, Fidelity Investments, Savings, Hudson Locations: Portland, Houston, New York, Montana
But the idea of simply placing Kennedy atop the Libertarian Party ticket to marry his momentum with their organization left Kennedy with an embarrassing loss at the Libertarian Party convention in Washington. About half – 51% – said they would support Trump in a two-way matchup, compared with 37% who said they would pick Biden. The last third-party candidate to win a state and get Electoral Votes was George Wallace, who won Southern states in 1968. The only third-party candidate to outperform a major party candidate was former President Teddy Roosevelt, who outpolled Republicans after he failed to get their nomination in 1912 and then ran as a third-party candidate. But rather than focus on the relatively few people who turn out for a third-party candidate, why not look at the large number of people who don’t take part in elections at all?
Persons: CNN —, Donald Trump, Robert F, Kennedy Jr, Chase Oliver, Kennedy, Trump, Nicole Shanahan, Shanahan, – Kennedy, Biden, CNN’s Harry Enten, , RFK, Ross Perot, George Wallace, Teddy Roosevelt, Woodrow Wilson, Oliver, Jo Jorgensen, Gary Johnson’s, CNN’s Aaron Pellish, Pellish, Kennedy don’t, Bob Barr, Bill Weld, Gary Johnson, Barr, Weld, Ron Paul, Paul, Jill Stein, Ralph Nader, Al Gore, George W, Karl Rove, Stein, Hillary Clinton, Rove, Libertarian’s Jorgensen, Johnson Organizations: CNN, Republican, Libertarian Party, Trump, Google, Biden, SSRS, Quinnipiac University, RFK Jr, Electoral, Southern, Democrat, Libertarian, Federal Reserve, GOP, Republican Massachusetts gov, Green Party, Street Journal, Democratic, Pew Research Center Locations: Washington, Republican Massachusetts, Florida, Michigan , Pennsylvania, Wisconsin, Arizona , Georgia
But despite the vast improvements in battery technology, EV charging still can't hold a candle to the 5-minute stop to fill a gas tank. Related storiesCar companies hoped the public charging infrastructure would improve along with them as they built more range into their vehicles. AdvertisementWhat no one can seem to agree on is who is responsible for building out public charging infrastructure. All these industry efforts have helped to feed an EV charging infrastructure boom in recent years. The Biden Administration has set aside $7.5 billion for charging infrastructure with a vow to add 500,000 EV charging stations by 2030.
Persons: , Biden Organizations: Service, Business, EV, GM, Pew Research, Department of Energy, Biden Administration, University of Michigan Transportation Research Institute
Her book “Over the Influence: Why Social Media Is Toxic for Women and Girls — And How We Can Take It Back” was recently published by Alcove Press. Unsurprisingly, the game has resulted in many calls to 911, car crashes, a school evacuation and dangerous confrontations with actual gun owners. Of course, it’s easy to see why kids are playing “senior assassin”: they’re trying to connect with one another. Their generation spends less time with friends and more on social media. As police have warned, someone who thinks they’re in danger from an actual gun might meet a kid playing this game with deadly violence.
Persons: Kara Alaimo, , , , Kaylin Gillis, It’s, shouldn’t, what’s, I’ve, toymakers Organizations: Fairleigh Dickinson University, Women, Press, Facebook, CNN, USA, YouTube, University of Michigan’s, Pew Research, Twitter Locations: New York
That's helping establish a new millennial milestone for some: Ditching roommates, moving out from the family home, and landing on living alone. Business Insider's analysis of American Community Survey microdata from IPUMS found that 10.5% of millennials lived alone in 2022. Per BI's analysis of American Community Survey data via IPUMS, 16% of millennials lived with at least one parent as of 2022. (The data doesn't specify if that means they're living with their parents or if their parents are living with them.) Subsidized solo livingSome lower-earning millennials are able to get assistance reaching the solo-living milestone — but it's not always easy.
Persons: Jess Munday's, Jess Munday's San Francisco, Munday, " Munday, I'm, it's, IPUMS, millennials, Bella DePaulo, they've, DePaulo, she'd, Jess Munday, Dara Feller, Aria Velasquez, they're, " Velasquez, Velasquez, Erica Charles, she's, Charles, Rick Fry, Fry, She'd, She's, Clibborn, Sydney Krantz, He's, , homeownership Chaz Zimmer, Chaz Zimmer, Adrianna Newell, Tomasz Piskorski, Piskorski, Zimmer hasn't, Zimmer, he's, James Paniagua, Paniagua, snagging, Julia Mazur, Kathy Pierre, Pierre Organizations: Business, American, Survey, Pew, BI Garak, BI, Subaru, Columbia Business School Locations: Jess Munday's San, Francisco's, San Francisco, Chicago, Washington ,, IPUMS, Florida, California, Waverly , New York, homeownership, Oakland , California, Los Angeles, Oakland, London, Austin, Charlotte , North Carolina, Charlotte
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