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US Vice President Kamala Harris speaks on the South Lawn of the White House in Washington, DC, US, on Monday, July 22, 2024. The California Homeowner Bill of Rights became law on January 1, 2013. 'There's potential for a lot of good'The latest housing policies the Biden Administration has rolled out generally aim at increasing the supply of affordable housing and lowering costs for buyers and renters. Harris has been involved in Biden's housing policy-making, and it's likely that her campaign will carry on similar blueprints for housing, experts say. "Generally speaking, it does seem like affordable housing, zoning has been something that has been a talking point of hers for a while now," said Jacob Channel, a senior economist at LendingTree.
Persons: Kamala Harris, Ting Shen, Harris, Biden, Jacob Channel Organizations: White, Bloomberg, Getty, Treasury, PRO, U.S . Department of Housing, Urban, HUD, Harvard University Joint Center for Housing Studies, Biden Administration Locations: Washington , DC, California, U.S, America
AdvertisementWhile teachers, students, and parents have all tried their best to make it work, many students still end up with huge learning gaps. Teacher shortages tend to be framed as a workplace problem: We just need to incentivize and support teachers better. AdvertisementWhen teacher shortages compound, some students just stop showing up. Even before COVID, students struggled to remember concepts they learned in a previous course — but the teacher shortages have exacerbated the problem. If America doesn't address its teacher shortages today, it will be left with a worse, less educated tomorrow.
Persons: STAFF04201, I've, bode, Sarah, Richard Ingersoll, Ingersoll Organizations: Kansas State University, US Bureau of Labor Statistics, Progress, Organization, Economic Cooperation, Development, US, America, Harvard University Center for Education Policy Research, Stanford University, Brookings Institution, National Center for Education Statistics, University of Pennsylvania Graduate School of Education, Vogue, The New York Times, The New Orleans Times Locations: New Orleans, , Spanish, Rome, Orleans, Louisiana
People walk through the gate on Harvard Yard at the Harvard University campus in Cambridge, Massachusetts, on June 29, 2023. Scott Eisen | Getty ImagesAnd just like that, Harvard University has regained its position as the ultimate "dream" school among college applicants. The Princeton Review's 2024 College Hopes and Worries Survey polled nearly 8,000 college applicants between Jan. 15 and Feb. 20, just weeks after Harvard President Claudine Gay resigned amid allegations of plagiarism and controversy over her congressional testimony about antisemitism on campus. Harvard saw fewer early applicantsThis year's early admissions cycle, in the immediate aftermath of the Oct. 7 attack on Israel by Palestinian militant group Hamas, reflected some of the recent turmoil. There were 7,921 early applicants to the Class of 2028, down from 9,553 last year, the Harvard Crimson reported.
Persons: Scott Eisen, It's, Hafeez Lakhani, Claudine Gay, Robert Franek, Lakhani, Christopher Rim Organizations: Harvard, Harvard University, Ivy League, Massachusetts Institute of Technology, Princeton, Hamas, , Harvard Crimson, Christopher, Command, Supreme Locations: Cambridge , Massachusetts, New York, Israel, Palestinian
Alexa von Tobel realized the importance of being financially savvy at a young age, but she still wishes she'd learned more about money as a kid. Like most children in the U.S., von Tobel received "no formal education" on personal finance. "Appreciating that you can have your dollars work hard for you, and on behalf of you, is a really powerful concept," von Tobel says. 'A skill set that you need for your whole life'Given her success as a fintech founder and investor, von Tobel clearly mastered that particular financial lesson eventually. "That concept is very powerful," von Tobel says.
Persons: Alexa von Tobel, she'd, von Tobel, Von Tobel's, von Tobel's, von, Von Tobel Organizations: Harvard University, CNBC, Northwestern Mutual Locations: U.S
Money is, simply, "a tool to help you live the life you want to," von Tobel says. Keep it practicalTalk to your kids about money in ways that make sense to them, von Tobel advises. "When you're walking through a store and your child wants something, pick it up [and] show them the price," says von Tobel. Adults often associate money with stress, because they're only thinking about "the things you didn't have," von Tobel says. "Trying to orient kids to have very positive, empowering moments around money early in their lives, we know from data [that] can change their life."
Persons: Alexa von Tobel, Von Tobel, It's, von Tobel, doesn't, Tobel Organizations: Harvard University, Northwestern Mutual, National Financial Educator's, CNBC
CNN —Since the early 2000s, a coin has lay buried next to a tree at Augusta National Golf Club, nestled there as a good luck charm by the mother of a promising young French golfer. Not since Arnaud Massy became the first non-Briton to win the Open Championship in 1907 has a Frenchman lifted silverware at a recognized Tour event. The world’s 890th ranked amateur when he turned professional in 2013, Pavon spent two years on the Alps Tour before graduating to the Challenge Tour, finally securing his card on the DP World Tour (European Tour) in 2017. “I don’t come from a normal background because I wasn’t a great player once,” Pavon told CNN Sport’s Don Riddell. Augusta National and Spyglass Hill – host of this week’s Pebble Beach Pro-Am – were once courses Pavon could only navigate in the video game world of Tiger Woods PGA Tour 06.
Persons: Matthieu Pavon, Pavon, Arnaud Massy, Frenchman, Denmark’s Nicolai Hojgaard, ” Pavon, CNN Sport’s Don Riddell, , Gregory Bull, Michel, Beatrice, Naomi Baker, Justin Thomas, Rickie Fowler, “ Spyglass, you’re, You’re, you’ve, Céline Boutier, Massy, Catherine Lacoste, Patricia Meunier, Lebouc, Boutier, Lewis Joly, Organizations: CNN, Augusta National Golf, Farmers Insurance, Spanish, PGA, Harvard University, France’s Ligue, Getty, Pavon’s PGA, Players, . Augusta National, Tiger, Céline, Evian Championship, Chevron, Evian, Ryder, Europe Locations: Augusta, French, Toulouse, California, Europe, America, Pavon, France’s, Bordeaux, Rome, Bethpage , New York
New York CNN —Israeli hostage posters that were hung up at Harvard University had been vandalized with antisemitic messages just as students returned from winter break. Footage shared with CNN by Harvard student Alexander Kestenbaum shows a handful of hostage posters defaced with messages such as “Israel did 9/11.” A poster of a four-year-old Israeli hostage was defaced, while “LIES FAKE” was scrawled over another hostage poster. Photos and videos geolocated by CNN indicate the vandalized posters were hung just outside Holworthy Hall, a first-year student dorm located on the northern edge of Harvard Yard. The Harvard spokesperson said the vandalized posters near the Thayer Gate have been removed and the Harvard University Police Department is investigating the incident. “Instead, they were confronted with vandalism, the defacement of hostage posters, and vile antisemitic conspiracy theories.
Persons: , Alexander Kestenbaum, Israel, , It’s, Kestenbaum, Claudine Gay’s, Jonathan Greenblatt, ” Greenblatt, Getzel Davis, ” Davis, Alan Garber, ” Garber, Larry Summers, Derek Penslar, Summers, Penslar, nauseous, Celina Tebor, Michelle Watson, Nic, Anderson Organizations: New, New York CNN, Harvard University, Harvard, CNN, Harvard Yard, Harvard University Police Department, Cambridge, Visitors, Harvard’s, Equity, Diversity, Defamation, Harvard Hillel, American Academy for Jewish Research, Columbia University, NYPD, Columbia Locations: New York, Harvard’s, Holworthy, Cambridge , Massachusetts, Israel
[1/9] Former U.S. Secretary of State Henry Kissinger looks up during his meeting with U.S. President Donald Trump in the Oval Office of the White House in Washington, U.S., October 10, 2017. REUTERS/Kevin Lamarque/File Photo Acquire Licensing RightsNov 29 - Here are some facts on American diplomat Henry Kissinger, who died at age 100 on Wednesday:* He was born Heinz Alfred Kissinger in Furth, a city in Germany's Bavarian region, on May 27, 1923. * The 1973 Nobel Peace Prize that went to Kissinger and North Vietnam's Le Duc Tho was one of the most controversial in the award's history. * Kissinger last worked in a presidential administration in 1977 but he maintained a relationship with George W. Bush. * Musician Tom Lehrer famously said: "Political satire became obsolete when Henry Kissinger was awarded the Nobel Peace Prize."
Persons: Henry Kissinger, Donald Trump, Kevin Lamarque, Heinz Alfred Kissinger, Kissinger, Richard Nixon's, Nixon, Gerald Ford, Ford, Duc Tho, Tho, Candice Bergen, Shirley MacLaine, Jill St, John, Marlo Thomas, Liv Ullman, Samantha Eggar, Diane Sawyer, George W, Bush, Tom Lehrer, Bill Trott, Rosalba O'Brien Organizations: U.S, White, REUTERS, Army's 84th Infantry Division, Harvard University, Nixon, ABC, Argentine, Thomson Locations: Washington , U.S, Furth, Germany's Bavarian, Nazi Germany, New York, American, Vietnam, China, U.S, Israel, Paris
Ackman, who met with a group of more than 200 Harvard students and faculty last week, said the university’s administration is not doing enough to protect them. “Harvard student disciplinary actions should not be outsourced to the police department,” he wrote. When contacted, Harvard directed CNN to earlier statements from Gay and Harvard’s Executive Vice President Meredith Weenick about community conduct. Ackman and others suggested there should be employment consequences for students who had signed the letter. In his letter, Ackman acknowledged the success of that message and suggested that Harvard administrators warn students of the potential consequences.
Persons: Bill Ackman, , Ackman, Claudine Gay, Harvard Business School Dean Srikant Datar, ” Datar, , Harvard’s Slack, Meredith Weenick, Gay, ” Gay, Leslie Wexner, Abigail, Lawrence Summers, Clinton, ” Summers Organizations: New, New York CNN, Billionaire, Harvard University, Harvard, Israel, Harvard Business School, Harvard University Police Department, FBI, “ Harvard, CNN, Gay, Harvard Hillel, Palestinian, Elite, Wexner Foundation, Pershing Square Capital Management, Civil, Defamation Locations: New York, Israel, Gaza, Palestine, Harvard’s
Bill Ackman seems to be reconsidering his earlier calls to out anti-Israel Harvard students. AdvertisementAdvertisementAfter calling on Harvard University to reveal the names of students who signed an anti-Israel letter last month, billionaire Bill Ackman isn't so sure anymore. Compare the generational differences on support for Hamas," Ackman wrote. The poll also found that 48% of those between the ages of 25 and 34 felt Hamas' attacks were justified. AdvertisementAdvertisementFollowing Ackman's tweets, scrutiny on the Harvard letter prompted some co-signees groups to publicly withdraw their support for the statement.
Persons: Bill Ackman, Ackman, , Bill Ackman isn't, Israel, Claudine Gay Organizations: Israel Harvard, Harvard, Service, Harvard University, Google, Social, Hamas, Harvard's Center, American Political Studies, Harris Locations: Israel, Hamas
Harvard University has become a flashpoint in the intergenerational divide on the Israel-Hamas war. AdvertisementAdvertisementIn the 11 days since Palestinian militant group Hamas launched its terrorist attack on Israel, Harvard University has become a flashpoint for intergenerational tensions about the war — and the broader culture war around campus free speech. Hamas launches terrorist attacks on IsraelPalestinian militant group Hamas launched a series of terrorist attacks on Israel on October 7, with Israel retaliating. AdvertisementAdvertisement"These hateful Harvard students are the future leaders of our society," Rep. Ritchie Torres of New York wrote on X. Some student groups backtrackSome student groups that co-signed the original statement have since withdrawn their signatures.
Persons: Israel, , Israel retaliating, Bill Ross, Ian Bremmer, Bremmer, Larry Summers, Tom Williams, Summers, Seth Moulton of, Moulton, Republican Sen, Ted Cruz, Rep, Ritchie Torres, Harvard Hillel, Bill Ackman, @harvard, Meredith Weenick, Weenick, Idan Ofer, Batia, Les Wexner, Ackman, Joe McCarthy, Claudine Gay, Craig F, Walker, Gay, Harvard Crimson, Israel's, Joseph Prezioso, Elise Stefanik, Win McNamee, Marc Rowan, Jon Huntsman Jr, Elizabeth Magill, Davis Polk, Wardwell, Winston, Strawn Organizations: Harvard University, Service, Hamas, Harvard, Republicans, Israel Palestinian, UN, Gaza's Hamas, Harvard Palestine Solidarity Groups, Harvard Undergraduate Palestine Solidarity Committee, Inc, Getty, Republican, New York, Palestine, Alpha, CNBC, Harvard Crimson, Conservative, Media, Harvard University Police Department, Quantum, Group, Harvard's Kennedy School of Government, CNN, Wexner Foundation, Bloomberg, Boston Globe, Nepali Student Association, Harvard Undergraduate Palestine Solidarity, Harvard Yard, New York Republican, New, Apollo Global Management, University of Pennsylvania, Huntsman, University, Columbia University, New York University, NYU Student Bar Association Locations: Israel, Gaza, Seth Moulton of Massachusetts, Ted Cruz of Texas, Harvard's, Harvard, Cambridge , Massachusetts, AFP, New York, Utah, Columbia
CEOs called on Harvard to release the names of students who signed a letter blaming Israel for Hamas attacks. Multiple Harvard students and groups have retracted their support for the letter, claiming they never saw the statement before it was published. On Wednesday, a truck drove around Harvard's campus with a digital billboard that claimed to show the names and faces of students associated with the letter. Just as Harvard students have the right to condemn Israel, so too does Ackman have the right to call on the university to release their names, Paulson said. AdvertisementAdvertisementA protest against the Vietnam War takes place in Harvard Yard on the Harvard University campus in Cambridge, MA on Feb. 11, 1966.
Persons: Israel, , Alex Morey, Bill Ackman, hasn't, Claudine Gay, Ken Paulson, it's, Paulson, Winston, Strawn, Morey, Charles Dixon, there's Organizations: Harvard, Service, Foundation, Rights, Harvard Palestine Solidarity Groups, Harvard Palestine Solidarity Committee, Harvard University, Scott Eisen Universities, Free, Center, Middle Tennessee State University, Business, Palestine, New York University Student Bar Association, New York Times, NYU, Boston Globe, Getty Images Colleges Locations: Israel, Harvard Palestine, Harvard's, Harvard, Philadelphia, Vietnam, Cambridge, Ukraine, Palestine
Cloudline: The blimp is back – and this time it’s tiny
  + stars: | 2023-10-13 | by ( Tom Page | ) edition.cnn.com   time to read: +7 min
CNN —You’d be forgiven for thinking the resurgence of airships and blimps was a load of hot air. South African startup Cloudline has received millions of dollars in investment for its mini blimps. Cloudline first received venture capital backing in 2019, and after years of research and development and prototyping, the company is preparing to launch commercial operations. “The ability of companies like Cloudline to expand is highly subject to the complexity of regulations experienced across the continent,” Chokossa adds. However it looks to fill its airships, Cloudline is hoping it can break through in this revived transport sector.
Persons: CNN — You’d, Cloudline, Spencer Horne, , Horne, Christele Chokossa, , Chokossa, ” Horne Organizations: CNN, Helicopters, Harvard University, Gross, Euromonitor International, Cote d’Ivoire, Democratic, UNICEF Locations: firma, South Africa, Namibia, Mozambique, Kenya, East Africa, Africa, Cameroon, Cote, Democratic Republic of Congo
CEOs called on Harvard to release the names of students who signed a letter blaming Israel for Hamas attacks. Multiple Harvard students and groups have retracted their support for the letter, claiming they never saw the statement before it was published. On Wednesday, a truck drove around Harvard's campus with a digital billboard that claimed to show the names and faces of students associated with the letter. Just as Harvard students have the right to condemn Israel, so too does Ackman have the right to call on the university to release their names, Paulson said. AdvertisementAdvertisementA protest against the Vietnam War takes place in Harvard Yard on the Harvard University campus in Cambridge, MA on Feb. 11, 1966.
Persons: Israel, , Alex Morey, Bill Ackman, hasn't, Claudine Gay, Ken Paulson, it's, Paulson, Winston, Strawn, Morey, Charles Dixon, there's Organizations: Harvard, Service, Foundation, Rights, Harvard Palestine Solidarity Groups, Harvard Palestine Solidarity Committee, Harvard University, Scott Eisen Universities, Free, Center, Middle Tennessee State University, Business, Palestine, New York University Student Bar Association, New York Times, NYU, Boston Globe, Getty Images Colleges Locations: Israel, Harvard Palestine, Harvard's, Harvard, Philadelphia, Vietnam, Cambridge, Ukraine, Palestine
Harvard told students in an email that its historic center would be closed to non-ID holders nightly until Monday, the Harvard Crimson reported. Harvard Yard is the oldest part of the university campus and is where most freshman dormitories are housed. The move comes amid an escalating backlash against student groups that cosigned a letter blaming Israel for the Hamas attacks. AdvertisementAdvertisementHarvard is closing off its historic center, Harvard Yard, to visitors at night until Monday, amid an escalating backlash against students who cosigned a letter blaming Israel for the Hamas attacks, the Harvard Crimson reported Thursday, citing an email sent to students. Harvard Yard is a 25-acre green space that is the oldest part of the university campus and is where most freshman dormitories are housed.
Persons: Israel, , Meredith Weenick, Bill Ackman, Larry Summers, Jason Furman, Boaz Barak, Harvard Hillel Organizations: Harvard, Harvard Crimson, Service, Harvard Yard, Harvard University Police Department Locations: Israel
New York CNN —A billboard truck drove near Harvard’s campus Wednesday displaying the names and photos of Harvard students whose organizations signed a statement blaming solely Israel for the deadly attacks by Hamas. Some students and their groups have since distanced themselves or withdrawn their endorsements from the statement amid an intense backlash inside and outside of Harvard. A conservative nonprofit said it organized the truck featuring the virtual billboards with students’ names and images under a banner that reads: “Harvard’s Leading Antisemites.” It also published names online. “We will continue to reject the PSC’s statement in the strongest terms — and demand accountability for those who signed it,” the statement added. In the wake of the mounting backlash, at least eight of the original 34 co-signing Harvard student groups had withdrawn their signature from the statement as of Wednesday afternoon, according to the Harvard Crimson student newspaper.
Persons: , Israel, , Hillel, “ Harvard Hillel, Laurence Tribe, McCarthy, Bill Ackman, Larry Summers, Meredith Weenick, ” Weenick, – CNN’s Matt Egan Organizations: New, New York CNN, Harvard, Harvard Palestine Solidarity Groups, CNN, Palestine Solidarity, ” Harvard, Harvard Crimson, Harvard University, Harvard University Police Department Locations: New York, Harvard’s, Israel, Gaza
Bill Ackman and other business leaders said they never want to hire the Harvard University students who signed a statement saying they “hold the Israeli regime entirely responsible for all unfolding violence.”Ackman, a hedge-fund manager, and senior executives such as Jonathan Neman, CEO of Sweetgreen, said on social media that they want to see a list of the signees. About 30 student organizations issued the joint statement over the weekend calling Israel an “apartheid regime” and saying Palestinians have been forced to "live in a state of death.”
Persons: Bill Ackman, , Jonathan Neman, Israel Organizations: Harvard University
On Thursday, 42-year-old Pita Limjaroenrat failed in his initial bid to win the premiership after he was unable to secure enough votes in a joint sitting of Thailand's 750-member parliament. Another vote is expected to be held next week, which Pita can contest if nominated again. But Pita and Move Forward's agenda - particularly a once-unthinkable proposal to amend Thailand's "lese majeste" law - also pit them against the country's powerful conservative establishment, which controls the 250-member appointed senate. First, Thailand's election commission recommended the Constitutional Court disqualify Pita as a lawmaker because of his ownership of shares in a media company in violation of electoral rules. Some of those protesters - and some of those demands - were part of Move Forward's electoral juggernaut, including a call to amend the lese majeste law.
Persons: Thailand's, Pita Limjaroenrat, Pita, Thais, Thaksin Shinawatra, Kannawee Suebsang, Devjyot Ghoshal, Panu, Nick Macfie Organizations: Wednesday, Constitutional, Harvard University, Pheu Thai Party, Fair Party, Thomson Locations: BANGKOK, Thai, Thailand, Bangkok
Pan Gongsheng was appointed Saturday as the new Communist Party chief at the People’s Bank of China (PBOC), in a surprise move as Beijing bolsters its drive to arrest the country’s economic slowdown and stem a slide in its currency. Pan currently serves as the deputy governor of the PBOC. “My initial reaction is this suggests Xi [Jinping] is more concerned about China’s economy than before the 20th Party Congress,” Thomas said. Since then, he has spent nearly two decades working at large state-owned banks, including the Industrial and Commercial Bank of China (ICBC) and the Agricultural Bank of China (ABC). After returning to China, he was promoted to deputy governor at the PBOC in 2012.
Persons: Yi Gang, Pan Gongsheng, Janet Yellen, Pan, Yi, didn’t, Guo Shuqing, Neil Thomas, wasn’t, ” Thomas, Xi, Mao, Thomas, China’s, Biden, Organizations: Beijing CNN, Cambridge University, Harvard University, Communist Party, People’s Bank of China, Securities Times, CNN, Ant, Asia Society, Center for, Communist Party’s, Committee, 20th Party Congress, Wall Street Journal, Treasury Department, Renmin University of China, Industrial, Commercial Bank of China, Agricultural Bank of China, ABC, Harvard University’s Kennedy School of Government, State Administration of Foreign Exchange, Beijing, P Global, PMI Locations: Hong Kong, Beijing, China, Shanghai, Center for China, United States, West
The Supreme Court ruled Thursday that affirmative action in college admissions was unconstitutional. Earlier Supreme Court cases have upheld affirmative action — the practice of giving additional weight to applicants who belong to groups that have historically been the subject of discrimination — for four decades. Ever since former President Donald Trump cemented a 6-3 conservative majority on the Supreme Court, legal experts have expected the Supreme Court to do away with affirmative action altogether. Students for Fair Admissions brought two lawsuits that ended up before the Supreme Court last fall, against Harvard University and the University of North Carolina, alleging they discriminated against white and Asian-American students. Every US college and university the justices attended, save one, urged the court to preserve race-conscious admissions.
Persons: , Robert Blum, Donald Trump, Justice Thomas Roberts, Roberts, Ketanji Brown Jackson, Sonia Sotomayer, Kevin M, Jackson, Elena Kagan, Neil Gorsuch, Kagan, Amy Coney Organizations: Harvard University, University of North, Service, Fair, Ivy League, Pacific, Associated Press, NORC, for Public Affairs Research, Pew Research Center, Harvard, — Yale, Notre Dame, Rhodes College Locations: University of North Carolina, Carolina, North Carolina, States, America, American, Pacific Islander, California , Michigan, Washington, Arizona , Florida, Georgia , Nebraska , New Hampshire, Oklahoma, California, U.S, Princeton, Columbia, Memphis , Tennessee
Convicted 'Unabomber' Ted Kaczynski dead at 81
  + stars: | 2023-06-10 | by ( Alistair Bell | ) www.reuters.com   time to read: +7 min
[1/2] Theodore Kaczynski is led out of federal court where he was charged with a single federal weapons violation April 4,1997. June 10 (Reuters) - Ted Kaczynski, former math professor and "twisted genius" who came to be known as the Unabomber when he carried out a 17-year spree of mysterious bombings that killed three people and baffled the FBI, died on Saturday at the age of 81. Kaczynski's younger brother, David, tipped off police that the author's ideas sounded like those of Ted. In 1980, Kaczynski sent a package bomb that exploded and injured United Airlines President Percy Wood at his Illinois home. Kaczynski detailed how modernization has destabilized society, subjected humans to indignities and "inflicted severe damage on the natural world."
Persons: Theodore Kaczynski, Ted Kaczynski, Kaczynski, Kaczynski's, David, Ted, Theodore John Kaczynski, Dale Eickelman, Eickelman, Percy Wood, Hugh Scrutton, Thomas Mosser, Gilbert Brent Murray, Janet Reno, Dan Whitcomb, Phil Stewart, Lucia Mutikani, Daniel Wallis, Diane Craft, Cynthia Osterman Organizations: Federal Medical Center, Federal Bureau of Prisons, Reuters, The Harvard University, University and Airline, Society, FBI, Harvard University, Daily, Harvard, University of Michigan, University of California, Chicago's Northwestern University, American Airlines, Dulles International, United Airlines, Illinois, New, Exxon, U.S, Washington Post, Thomson Locations: Montana, Butner , North Carolina, California, Florence, Florence , Colorado, North Carolina, Chicago, Berkeley, Lincoln, Washington, Sacramento , California, New Jersey, Los Angeles
The Case for Having a Boring CEO
  + stars: | 2023-02-11 | by ( Rosabeth Moss Kanter | ) www.wsj.com   time to read: 1 min
CEOs who avoid cameras and controversy can seem dull and stuffy to some, but they offer valuable leadership lessons. Look no further than the drama surrounding his acquisition of Twitter: Will he or won’t he buy it? Will he expand it or downsize it? Improve it or wreck it? Run it or leave it?
“Around the country, MAGA extremists are lining up to take on those bedrock freedoms,” Mr. Biden said, using Mr. Trump’s Make America Great Again slogan to describe the former president’s allies. While he had repeatedly and consistently said he intended to run, Mr. Biden stoked renewed speculation by delaying his kickoff for months. Mr. Biden tapped Julie Chávez Rodríguez, a senior White House adviser and granddaughter of the iconic labor leader Cesar Chávez, as his campaign manager. But the operation is expected to be overseen from the White House by top presidential aides. While polls show that most Democrats have favorable opinions about Mr. Biden, a majority of them would still rather he not run again.
Property prices in the US and around the world will fall another 10%, Kenneth Rogoff told Bloomberg. The Harvard professor said central banks' interest rate hikes are yet to have a full impact on the economy. "If — as I think — interest rates are going to stay high for some time to come, I think there's still a lot of downward adjustment in the market." The Fed, like its global counterparts, raised interest rates throughout much of 2022 to rein in inflation. "Interest rates aren't going to come down to the same level as they were before," Rogoff said.
Harvard economist Kenneth Rogoff expects a slump in US house prices and a wave of job losses. The Fed will likely have to keep interest rates higher for a while to crush inflation, he said. Rogoff expects that to hit asset prices and economic growth, making a recession a near certainty. "The Fed is nowhere near having conquered inflation," Rogoff said. Higher rates can temper inflation by encouraging saving and making borrowing more expensive.
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