DIRS.INFO The most relevant business & tech news

☆ Dining Sheds Changed the N.Y.C. Food Scene. Now Watch Them Disappear.
▼ + stars: | 2024-11-23 | by ( Pete Wells | ) www.nytimes.com time to read: +14 min

Building for the Long HaulBalthazar, SoHo, ManhattanJonah Rosenberg for The New York Times Jonah Rosenberg for The New York Times Jonah Rosenberg for The New York Times Jonah Rosenberg for The New York TimesThe Open Restaurants program was originally scheduled to end after Labor Day in 2020. Street dining at Cebu began in late 2020 with movable barricades separating diners from the traffic. Privacy on a Busy StreetDon Angie, West Village, ManhattanJonah Rosenberg for The New York Times Jonah Rosenberg for The New York Times Jonah Rosenberg for The New York Times Jonah Rosenberg for The New York TimesThe public-health rationale for outdoor dining was that fresh summer breezes could help slow the spread of the coronavirus. Jonah Rosenberg for The New York Times (Balthazar, Don Angie, Oscar Wilde). Marissa Alper for The New York Times (Cebu).

Persons: Lila Barth, Philip Guardione, Piccola Cucina, verdigris, Restaurateurs, Eric Adams, Karsten Moran, Manhattan Jonah Rosenberg, Jonah Rosenberg, Balthazar, cabanas, Ian McPheely, Keith McNally, ”, Erin Wendt, Roberta Delice, Resy, Wendt, “ We’re, Ms, Brooklyn Marissa Alper, Marissa Alper, The New York Times Michael Esposito, Esposito, I’m, Don Angie, Scott Tacinelli, Angie Rito, Rito, “ Scott, ” Mr, Tacinelli, aren’t, Manhattan Lila Barth, Stacy Pisone, Caroline Brennan, Brennan, Eduardo Kobra, Andy Warhol, Jean, Michel Basquiat, Keith Haring, Frida Kahlo, “, Rushmore, ” Ms, Pisone, “ It’s, Ayza, Zafer Sevimcok, Sevimcok, Oscar Wilde, Eden Weingart, Andrew Hinderaker Organizations: The New York Times, verdigris Beaux, City Council, Department of Transportation, New York Times, The New York, Labor, Paisley Design, cabanas, Balthazar Restaurant, American Express, Gardens, Cebu Bar, Cebu, GRT Architects, Herald Locations: SoHo, Mount Etna, New York City, Havana, New York, Rome, Buenos Aires, Dawa’s, Woodside , Queens, Manhattan, Spring, Paris, Eyesores, Gardens Cebu, Bay Ridge, Brooklyn, Cebu, West Village, Chelsea, Boston

North Carolina lawyer Katie Jenifer is trying to prepare one year’s worth of estrogen for her transgender daughter. If the Trump administration still allows trans people to change the gender marker on their passport, Greenesmith said, it might require them to provide proof of gender-reassignment surgery, putting gender-marker changes out of reach for the majority of trans people. There is no existing policy that would allow the government to require people to turn in “X” passports, for example. Katie Jenifer and her transgender daughter, Maddie, at the White House for a Pride Month celebration in June. If that were to happen, she could lose access to health care.

Persons: Ash Orr, Katie Jenifer, Belle, they’re, Donald Trump’s, Heron Greenesmith, ” Greenesmith, Trump, Greenesmith, ”, “, ” Trump, Sasha Buchert, ” Buchert, Stefani Reynolds, I’ve, ” Orr, he’s, Finn Franklin, ” Franklin, “ I’m, ” Finn Franklin, Finn Franklin Franklin, He’s, Maddie, Jenifer, Katie Jenifer Jenifer, ” Jenifer, Trevor, Orr, Bennett Kaspar, Williams, Aldita Gallardo, Gallardo, wasn’t, ” Gallardo, Dahlia Belle, she's, Belle “, ” Belle, it’s Organizations: NBC News, Transgender Law Center, ”, Medicare, State Department, Lambda Legal, Getty, Trans, “, Rogue Community College, Oregon Health & Science University Hospital, Oregon Health, OHSU, Trump, White, Holler Health, Transformation Fund, Emergent, Transformation, U.S, House, Transgender, Society Locations: Virginia, Carolina, Oregon, Massachusetts, U.S, Morgantown , West Virginia, West, “ West Virginia, Grants Pass , Oregon, Washington , Oregon, California, Portland, . North Carolina, West Virginia, Los Angeles, Oakland , California, Louisiana, Birmingham , Alabama, Jacksonville , Florida, Portland , Oregon

☆ China is armed and ready for trade war 2.0 with Donald Trump
▼ + stars: | 2024-11-22 | by ( Juliana Liu | ) edition.cnn.com time to read: +8 min

Hong Kong CNN —In the summer of 2018, when former President Donald Trump launched a trade war with Beijing, the Chinese economy was riding high. There was even talk it could soon overtake the United States as the world’s largest. But last year, Mexico overtook China as the top exporter of goods into the United States, according to the Commerce Department. China had held that perch for 20 years before its exports to the United States fell by 20% to $427 billion last year. Women walk at a fashion accessories store displaying a poster to promote Singles' Day discounts at a shopping mall in Beijing, China, on November 11, 2024.

Persons: Donald Trump, Trump, ”, Dexter Roberts, Joe Biden, Matthews, Wang Shouwen, ” Andy Rothman, “, Liza Tobin, Calvin Klein, Tommy Hilfiger, Beijing’s, don’t, Sean Callow, Callow, Andy Wong, Rothman, Xi Jinping, Larry Hu Organizations: Hong Kong CNN —, Trump, Atlantic Council, Commerce Department, Matthews Asia, Treasury, CNN, PVH Corp, Bain & Company, ITC Markets, US, Peterson Institute, National Bureau of Statistics, Gross, Macquarie Bank Locations: China, Hong Kong, Beijing, United States, Mexico, Lianyungang, US, Xinjiang, —, Shanghai, New York, “

☆ In forgotten parts of Singapore's iconic Orchard Road shopping street, a new era is taking shape
▼ + stars: | 2024-11-22 | by ( Kevin Lim | ) www.cnbc.com time to read: +6 min

The Far East Shopping Center on Orchard Road in Singapore, on Thursday, April 11, 2024. Bloomberg | Bloomberg | Getty ImagesThe Far East Shopping Center along Singapore's Orchard Road has seen better days. Orchard Road, Singapore's main shopping street, is 2.2 km (1.3 miles) long but much of the activity takes place in the middle of the stretch as well as at selected malls linked via underground walkways to subway stations. Far East Shopping Center isn't connected to Orchard MRT unlike several of its neighbors. Two of the properties, the voco Orchard hotel and Forum The Shopping Mall, share some 180 meters of frontage along Orchard Road.

Persons: Ong Beng Seng, hasn't, CDL, Singapore's URA, URA, Richard Goh, Rasa Singapura, Sukanto Tanoto, Du Shuanghua, Jeremy Lake Organizations: Shopping, Bloomberg, Getty, Shopping Center, Singapore Botanic Gardens, Urban Redevelopment, Properties, Singapore, Developments, CDL Hospitality, Arts, CNBC, Singapore Botanic, Pacific Eagle, Food, Savills Singapore, Concorde Locations: Orchard, Singapore, Delfi Orchard, Istana Park, Canning, HPL

☆ WNBA star Cameron Brink on the No. 1 negotiation skill that's helped her sign deals with New Balance, Skims and more
▼ + stars: | 2024-11-22 | by ( Morgan Smith | ) www.cnbc.com time to read: +3 min

WNBA star Cameron Brink had to learn how to negotiate her worth sooner than most 22-year-olds. Despite suffering a torn ACL in June that sidelined her rookie season, Brink's momentum off the court hasn't slowed. "Building my confidence in negotiations has been a journey for me, but I remind myself that my skills and hard work are valuable," Brink told CNBC Make It in an email. The most important step she takes to prepare for any negotiation, Brink says, is to research the companies she negotiates with. By contrast, the highest-paid players in the NBA are earning more than $50 million a year — and that's before factoring in sponsorships.

Persons: Cameron Brink, Brink, New Balance's, Caitlin Clark —, She's, Hamby, Steph Curry, Adam Broda, Taylor, you've Organizations: New, Stanford University, Sports Illustrated, Los Angeles Sparks, CNBC, Amazon, WNBA, Women's, Basketball Players, Vogue Business, NBA

☆ Trump names former NFL player Scott Turner as his pick for HUD secretary
▼ + stars: | 2024-11-22 | by ( Piper Hudspeth Blackburn | ) edition.cnn.com time to read: +2 min

CNN —President-elect Donald Trump on Friday named former NFL player and White House official Scott Turner to lead the Department of Housing and Urban Development. If confirmed by the Senate, Turner would lead an agency that enforces fair housing laws, administers mortgage insurance to prospective homeowners and gives rental subsidies to lower-income families, among other things. In 2019, Turner traveled with former HUD Secretary Ben Carson touting the program. After leaving the league, Turner mounted an unsuccessful run for California 50th Congressional District in 2006. He was elected to the Texas House in 2012 and finished out his term in 2017 after losing a bid for the state House speakership.

Persons: Donald Trump, Scott Turner, Turner, Ben Carson, “, ” Turner Organizations: CNN, NFL, White, of Housing, Urban, Senate, Center for Education Opportunity, America, Policy Institute, Council, Trump, Economic, Washington Redskins, Washington Commanders, San Diego Chargers, Denver Broncos, California, Congressional District, Texas House Locations: Texas, Washington

☆ Opinion | We Wanted a New Republican Party. Trump Delivered.
▼ + stars: | 2024-11-22 | by ( Ross Douthat | ) www.nytimes.com time to read: +55 min

Barack Obama was elected president, and the mood in the Republican Party picked up on the mood you’ve already described. But in the end, what he did electorally was not in that election to build the pan ethnic working class Republican Party. But at the very least, there was the conventional wisdom was that the Republican Party had to move substantially to the left on immigration. I just think that if the Republican Party is not the party of private property and wealth building, so I don’t think. Is there any chance that the Republican Party is about to not be the party of private property and wealth building No, no, I think you’re right.

Persons: I’m Ross Douthat, Donald Trump didn’t, Trump, I’ve, Reihan Salam, Reihan, George W, I’m, pry, Ross, Ross Douthat, let’s, Bill Kristol, Bush, Boomer, Giuliani, Ronald Reagan, wasn’t, Bill O’Reilly, Ross Reihan, Bush’s, Barack Obama, Obama, That’s, Mitt Romney, Paul Ryan, Ryan, Rush Limbaugh, notionally, Jeb Bush, Marco Rubio, Bill Clinton, Donald J, Let’s, it’s, It’s, ”, Donald Trump, Rudy Giuliani, Will, electorally, Romney, we’d, didn’t, Pat, John McCain, Frank, Kavanaugh, Trump’s, George Floyd, Biden, hadn’t, progressivism, premised, ender, New Party ”, ryan, neoliberals, Steve Bannon, Steve Moore, we’re, Moore, Bannon didn’t, COVID, JD Vance, Elon Musk, Musk, he’s, Vance, hasn’t, Clinton, Hillary Clinton, Margaret Thatcher’s, Reagan, Roosevelt, Republican policymaking, we’ve Organizations: New York, Republican Party, Manhattan Institute for Policy Research, New Party, New York Times, Harvard Institute of Politics, Harvard, The, Democratic, Great Society, Republicans, Republican, Reagan Democrats, Tribune, Trump, Perot, Tea Party, Party, Social Security, Grand New Party ”, Romney, Obama Trump voters, GOP, Amnesty, Reagan, Biden, American, America, romney, Infrastructure, Clinton Democrat, Uc Locations: Washington , DC, Northwestern, Washington ,, New York, Washington, Iraq, America, “, China, American, United States, Clinton, it’s, Nevada

☆ The Western tourists going to Iraq for vacation
▼ + stars: | 2024-11-21 | by ( Richard Collett | ) edition.cnn.com time to read: +18 min

“It was peaceful, calm, and rather quiet,” Driskill told CNN Travel after visiting Iraq in 2024. “Every year we’re seeing more people come to Iraq than before,” he told CNN Travel. Newenham first visited in August 2021 and told CNN Travel that she never imagined Iraq becoming one of her favorite travel destinations. Anmar Khalil/AP“Visiting the [ninth-century] Great Mosque of Samarra is a must,” he told CNN Travel. For Sarah Sanbar, Iraq researcher at Human Rights Watch, tourism to the country is allowing visitors to see the real Iraq.

Persons: Tommy Driskill, ’, ” Driskill, Saddam Hussein’s, Iraq’s, Driskill, ”, “ I’m, I’ve, “ We’ve, ” Robert Kyle Molina, Molina, Ali Al Makhzomy, ” Al Makhzomy, Janet Newenham, Newenham, “, ” Newenham, they’ve, Pope Francis, Al Makhzomy, Ur, Sergio Arce, Bil, Anmar Khalil, Imam Hussain, Abbas, Hussain ibn Ali, Prophet Mohammed, Arce, I’d, Jan Bakker, James Wilcox, we’ve, Travel’s Molina, Sarah Sanbar, Iraq —, ” Sergio Arce, Sanbar, ‘, ’ Heck Organizations: CNN, CNN Travel, Tourism Capital, US Department of State, United, Foreign, Commonwealth, Development, Human Rights Watch, ISIS, Bil, US State Department, US, Federal Government, Baghdad International Airport, European, Kurdistan Regional Government Tourism Board, International, Federal, “, Vatican Media, Reuters, Borders, Erbil Marathon, Sergio Arce Military Locations: Hawaii, Baghdad, Iraq, Iraqi Kurdistan, Babylon, Kurdistan, Iraqi, Karbala, European Union, Kurdistan Chronicle, Federal Iraq, Mosul, “, Janet Newenham Iraq, Cork, Ireland, Baghdad . “ Iraq, Islam, ” Iraq, East, Palestine, Eden, Samarra, Al, Arba’een, Sweden, Iran, Kuwait, Pakistan, India, Erbil, Berlin’s, Today, birdwatch

☆ 4 of the best outfits at the CMA Awards and 4 that missed the mark
▼ + stars: | 2024-11-21 | by ( Amanda Krause | ) www.businessinsider.com time to read: 1 min

AdvertisementOn Wednesday night, the Country Music Association Awards were hosted in Nashville. Musicians like Kacey Musgraves and Lainey Wilson were among the best-dressed attendees. Last night was all about country music and fashion. To kick off the CMA Awards, which were hosted in Nashville on Wednesday, celebrities walked the red carpet in their best gowns, suits, and Western attire. AdvertisementWhile some stars like Kacey Musgraves shined in couture pieces, others like Keith Urban missed the mark.

Persons: Kacey, Lainey Wilson, Keith Urban, Simone Biles, Musgraves Organizations: Country Music, CMA Locations: Nashville

☆ Young people flocked to these 10 rural places before the election. 9 went for Trump.
▼ + stars: | 2024-11-21 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +4 min

AdvertisementIn recent years, young Americans moved to rural areas at rates not seen in decades. But that doesn't mean they're turning rural counties red. In the years leading up to the election, young people flocked from urban areas to rural counties at record rates — but they didn't necessarily bring their big-city politics with them. The colored swing column in the table shows the percentage point change in vote share for Trump between 2020 and 2024. Those who did vote went more conservative.

Persons: Gen Zers, University of Virginia demographer Hamilton Lombard, —, Jed Kolko, Kolko, Millennials, Zers —, Kamala Harris, Joe Biden's Organizations: Trump, The New York Times, University of Virginia, Democratic, Republican, CNN, Information, Research, Civic, Economic Locations: Hays County , Texas, New York

☆ CFPB expands oversight of digital payments services including Apple Pay, Cash App and PayPal
▼ + stars: | 2024-11-21 | by ( Hugh Son | ) www.cnbc.com time to read: +3 min

The Consumer Financial Protection Bureau on Thursday issued a finalized version of a rule saying it will soon supervise nonbank firms that offer financial services likes payments and wallet apps. That would include popular services from Apple and Google , as well as payment firms like PayPal and Block . "Digital payments have gone from novelty to necessity and our oversight must reflect this reality," said CFPB Director Rohit Chopra. A year ago, the CFPB said it wanted to extend its oversight to tech and fintech companies that offer financial services but that have sidestepped more scrutiny by partnering with banks. The CFPB said the rule will take effect 30 days after its publication in the Federal Register.

Persons: Rohit Chopra, CFPB Organizations: Banking, Housing, Urban Affairs Committee, Consumer Financial, Tech, Apple, Google, PayPal, Federal Register

It more than doubled the criteria needed to be designated a bomb cyclone from Monday night to Tuesday night. A storm off the Northwest coast strengthens rapidly Tuesday, earning the bomb cyclone designation. Gusts up to 60 mph slammed western Oregon and Northern California endured gusts up to 80 mph. Another bomb cyclone? Another bomb cyclone could develop and rapidly strengthen just off the West Coast on Friday.

Persons: ” “, Rob Corcoran’s, ” Corcoran, “, Rob Corcoran's, Rob Corcoran, KIRO, ”, Isaac Yee, Sara Smart, Mike Madrigal Organizations: CNN, BC Hydro, Puget Sound Energy, County Fire Department, Puget Sound, Washington, Amtrak, KIRO, National Weather Service, Pacific Northwest, Weather Locations: Pacific Northwest, British Columbia, West, Washington, Seattle, Bellevue, County, Maple Valley, Lake Tapps , Washington, Stanwood, Medford , Oregon, Oregon, Northern California, Pacific, Eureka , California, California, San Francisco Bay, Coast

☆ A boomer built a $350K ADU in her backyard to grow old. It's also a win for her daughter, who moved into the main house.
▼ + stars: | 2024-11-20 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +6 min

Meanwhile, her 34-year-old daughter lives in the 2,000-square-foot, three-bedroom, two-bathroom main house with her three-and-a-half-year-old daughter. The ADU was a win for mom, daughter, and granddaughterFor Wilder-Abrams, building an ADU in her backyard and having her daughter move into the main house was much more affordable than purchasing a new home in Oakland. Courtesy of Christine Wilder-AbramsConstruction on Wilder-Abrams' ADU began in 2021. By May 2022, her daughter had moved into the main house, and she had settled into the ADU. To finance the construction of the ADU, Wilder-Abrams took out a second mortgage on her home, as the original mortgage had been paid off years earlier.

Persons: Christine Wilder, Abrams, Wilder, Zillow, Thomas Winz, ADUs, ADU Wilder, it'll, ADU, Everybody's, wasn't, it's Organizations: Wilder Locations: California, Oakland , California, Wilder, Oakland, Oakland , Orange County

Trump has been “heavily working the phones” to Republican senators for their support on behalf of Gaetz, according to a transition official. Trump announced Gaetz as his pick nearly a week ago. The official said Trump’s transition knows Gaetz is the toughest confirmation they will have to fight for by far. Sen. Kevin Cramer, R-ND, said he had received a phone call from Trump personally urging him to support Gaetz. This year, Trump announced his first pick to be White House Chief of Staff Susie Wiles just two days after election day.

Persons: Donald Trump, Justice Department — Matt Gaetz —, Trump, JD Vance, Chris Wray's, Vance, Biden, Pete Hegseth, Gaetz, “ Trump, Sen, John Thune, Kevin Cramer, ” Cramer, Ron Klain, Susie Wiles, Ben Carson, Carson, Elon Musk, Musk, Howard Lutnick Organizations: Justice Department, FBI, Trump, State , Defense, Homeland Security, Commerce, National Intelligence and National Security, White, Urban, Treasury Department, ‘ Department, Government Locations: Mar

But the decline in support for Ms. Harris in some of the country’s most liberal areas is particularly notable. For example, in Fulton County, which contains most of Atlanta, Ms. Harris gained about 4,500 votes, but Mr. Trump gained more than 7,400. He similarly outran Ms. Harris where she made gains in Wake County, N.C., Lancaster County, Pa., and Montgomery County, Texas. In Milwaukee County in swing-state Wisconsin, Ms. Harris lost 1,200 voters compared with Mr. Biden’s total in 2020, while Mr. Trump gained more than 3,500. But he lost votes, as did Ms. Harris, in majority-Black counties, especially those in the South where turnout dropped overall.

Persons: Harris, Biden, Donald Trump, Kamala Harris’s, Joseph R, Iowa Kan, Trump, Larry Sabato, Mr, Sabato, “, Trump Harris, Eli Murray, Elena Shao, Charlie Smart, Christine Zhang, Biden’s, Christine Zhang Ms, Joel Benenson, Barack Obama’s, ” Mr, Benenson, Harris Trump, John McLaughlin, pollster, McLaughlin, ” Organizations: Trump, New York Times, Hawaii Idaho Ill, N.D . Ohio Okla, D.C, Biden, Mr, Harris Trump, Democratic, Lean Democratic, Lean Republican, Center, Politics, University of Virginia, Florida’s Miami, Republican, Republicans, Harris Trump Arizona, Indiana, Nebraska, Washington, of Columbia Locations: Ala, Alaska, Calif, Colo, Conn, Del, Fla . Ga, Hawaii Idaho, Ind, Iowa, Ky, La . Maine Md, Mass, Mich, Minn, Miss, Mo, Mont, Neb, N.H . N.J, N.M, N.Y, N.C, N.D . Ohio, N.D . Ohio Okla ., Pa, S.D . Tenn . Texas Utah, Va, Wash, W.Va . Wis, Wyo, Chicago, Los Angeles and New York, Texas, Florida, New Jersey, New York, Georgia, Fulton County, Atlanta, Wake County, Lancaster County, Montgomery County , Texas, Milwaukee County, Wisconsin, Milwaukee, Charlotte, Flint, Scranton, Dade County, Miami, Fresno County, Pinellas County, Fla, Black, Michigan, Nevada, Carolina, Alabama, Arkansas, California, Colorado, Connecticut, Delaware, Hawaii, Idaho, Illinois, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Minnesota, Mississippi, Missouri, Montana, Hampshire, Jersey, Mexico, York, Dakota, Ohio, Oklahoma, Oregon, Tennessee, Utah, Vermont, Virginia, Wyoming

☆ 7 U.S. cities where you need to earn more than 4 times the minimum wage to comfortably afford rent
▼ + stars: | 2024-11-19 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +1 min

However, that's not feasible for workers earning the minimum wage in many large U.S. cities, according to a recent Clever Real Estate report. In seven major cities, you'd need to earn more than quadruple the federal minimum wage of $7.25 to afford the fair market rent without spending more than 30% of your income on housing or working a second job, Clever found. To determine the minimum wage needed to afford a fair market priced rental in the 50 largest U.S. metros, the report analyzed wage and housing data from a variety of sources, including the U.S. Department of Labor and the Department of Housing and Urban Development. Clever follows HUD's definition of fair market rent, which is the price at which 60% of similar units in the area rent for more than the listed amount and 40% rent for less. Here are seven major U.S. metros where workers would need to make quadruple the minimum wage in order to comfortably afford rent, according to Clever Real Estate.

Persons: Clever Organizations: U.S, metros, U.S . Department of Labor, Department of Housing, Urban Locations: U.S

☆ A bomb cyclone and an atmospheric river will combine with dangerous effect on the West Coast
▼ + stars: | 2024-11-19 | by ( Robert Shackelford | Mary Gilbert | ) edition.cnn.com time to read: +4 min

CNN —A powerful “bomb cyclone” will combine with an atmospheric river to unleash over a month’s worth of rain, hurricane-force wind gusts and feet of mountain snow to parts of the Pacific Northwest and Northern California. This bomb cyclone will work with an atmospheric river, a long plume of water vapor moving like a river through the atmosphere, to wring out heavy rainfall and significant mountain snowfall in the Pacific Northwest and Northern California beginning Tuesday. The pair will stall along the coast and hammer the area with hazardous conditions through the week and into the weekend. Rainfall of this magnitude is expected to cause significant urban flooding, debris flow on roadways and river flooding. Strong winds could cause extensive damage to trees and power lines,” the National Weather Service office in Seattle warned.

Persons: ” Organizations: CNN, National Weather Service, Weather Prediction, WPC Locations: Pacific Northwest, Northern California, San Francisco, Medford , Oregon, California, San Francisco Bay, Oregon, Washington, Seattle, Sierra Nevada

☆ Here's why Trump's tax plans could be 'complicated' in 2025, policy experts say
▼ + stars: | 2024-11-19 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +1 min

U.S. President-elect Donald Trump speaks during a meeting with House Republicans at the Hyatt Regency hotel in Washington, D.C., on Nov. 13, 2024. Congressional lawmakers will soon debate expiring tax breaks and new promises from President-elect Donald Trump. With a majority in the House of Representatives and Senate, Republican lawmakers can pass sweeping tax legislation through "reconciliation," which bypasses the Senate filibuster. But choosing priorities could be difficult, particularly amid the federal budget deficit, policy experts said Tuesday at a Brookings Institution event in Washington. Legislators will be "representing their districts, not their party," Howard Gleckman, a senior fellow at the Urban-Brookings Tax Policy Center, said Tuesday in a panel discussion at the Brookings event.

Persons: Donald Trump, Howard Gleckman Organizations: Republicans, Hyatt, Washington , D.C, Congressional, Republican, Urban, Brookings Tax Policy Center, Finance Locations: Washington ,, Washington, Brookings

☆ Ikea group CEO tells BI shoppers are trading down to save money
▼ + stars: | 2024-11-19 | by ( Nora Redmond | ) www.businessinsider.com time to read: +3 min

And while the past year has been challenging, this strategy is paying off, according to Jasper Brodin, CEO of Ikea's parent company, Ingka Group. "People have the same needs, but they have much less money in their wallet," he added. AdvertisementHowever, Ikea has benefited from investing in low prices because it has attracted more shoppers away from pricier rivals. AdvertisementBecause of this, he said that Ikea customers are largely engaging in needs-based shopping, picking up the necessities first, like a new bed or kitchen table, instead of non-essential items. "There is a large stimulus package coming from the government right now, which is helping, but people have been holding on to their money," Brodin said.

Persons: Jasper Brodin, — Brodin, —, Nora Redmond, lockdowns, Brodin Organizations: Ikea, Ingka, Oxford, Starbucks Locations: London, China

☆ AMC is poised to ride the box office rebound, as long as its debt doesn't get in the way
▼ + stars: | 2024-11-18 | by ( Sarah Whitten | ) www.cnbc.com time to read: +8 min

Leonardo Munoz | View Press | Corbis News | Getty ImagesThe domestic box office is on the rebound, having posted its highest third-quarter ticket sales since the pandemic. AMC operates around 900 theaters and 10,000 screens globally, a larger footprint than its chief rivals Cinemark and Regal. By the time the Covid pandemic shuttered theaters and shut down Hollywood, AMC was already $5 billion in the red. Despite the better-than-expected box office performance, AMC saw a 12% decline in attendance during the period. "They talked a lot about new investments and upgrading their theaters and expanding their premium screens, adding XL screens.

Persons: Leonardo Munoz, Cinemark, it's, Adam Aron, they're, Eric Wold, Riley, Oppenheimer, Hugh Jackman, Ryan Reynolds, Wold, King, Sony's, Hunter, Aron, Lars Niki, Alicia Reese, Reese isn't, Eric Handler Organizations: AMC, View Press, CNBC, Warner Bros, Disney, Disney AMC, Paramount, Dolby Cinemas, Getty, Roth Capital Markets Locations: New York City, Hollywood, North America, Europe, U.S, Saudi Arabia, New York, Los Angeles, fanbases

☆ Uzbekistan targets growth with expansion to its capital
▼ + stars: | 2024-11-18 | by ( Amy Gunia | ) edition.cnn.com time to read: +5 min

CNN —About five million people live and work in Uzbekistan’s capital, Tashkent, making it the largest city in the country, and one of the most populous cities in Central Asia. The capital expansion, dubbed New Tashkent, could play an important role in helping the country create new jobs, draw investment and boost its economy. Growth through urbanizationIn 2017, Uzbekistan’s new president Shavkat Mirziyoyev launched an ambitious economic and social reform program. Sunset over Amir Temur Square in the center of Tashkent, Uzbekistan, September 15, 2016. Purpose-built innovation clusters are intended to catalyze the growth of target industries, while tourism areas aim to attract visitors.

Persons: ” Christine P, Chan, Shavkat Mirziyoyev, it’s, Amir Temur, ” Chan, Zaha Hadid, Hakan Agca, Agca, ” Organizations: CNN, Urban, Asian Development Bank, ADB, Getty, Economist Intelligence, Scientific Research, Amsterdam, London Locations: Tashkent, Central Asia, New Tashkent, Amir, Uzbekistan, “, ”, Tashkent Twin

☆ 7 ways a Trump administration could affect your finances
▼ + stars: | 2024-11-16 | by ( John Towfighi | ) edition.cnn.com time to read: +9 min

Here are seven ways a Trump administration could affect your personal finances. During Trump’s first term, the 2017 Tax Cuts and Jobs Act temporarily expanded the child tax credit from $1,000 to $2,000. “He will deliver.”TaxesThe Trump administration is expected to focus on extending tax cuts introduced by the Tax Cuts and Jobs Act that are set to expire in 2025. The Trump administration wants to “promote choice and competition” and make health care more affordable, according to his policy platform. The Trump administration will likely cut red tape to encourage business and real estate developments.

Persons: Donald Trump, he’d, Trump, JD Vance, Maria Castillo Dominguez, —, Karoline Leavitt, Vance, “, ” Leavitt, Alan Auerbach, Social Security Trump, Biden, Berkeley’s Auerbach, Joe Biden’s, ” Auerbach, “ They’re, ”, Trump’s, Auerbach, Sarah Lueck, ” Trump Organizations: CNN, Social Security, Jobs, Valoria Wealth Management, Trump, Urban, Brookings Tax, Tax, UC Berkeley, Center, enrollees, Republicans, Public, Consumer, National Retail Federation, Health, Republican, Center for Budget, Medicare, it’s, Housing

In the closing weeks of the presidential campaign season, Sen. John Fetterman did something different than other Democrats. NBC NEWS: As you’re looking in the rearview mirror a little bit at the 2024 election, do you think Democrats need to change how they talk to voters? NBC NEWS: What is your biggest concern moving forward, and what’s kind of the biggest thing that you think Democrats need to address? NBC NEWS: So to bounce off that, has there been a conversation among Democrats that’s essentially what you’re talking about? How do you think Democrats should handle this development?

Persons: Sen, John Fetterman, Joe Rogan’s, Kamala Harris, Fetterman, “ It’s, ” Fetterman, “, Trump, Matt Gaetz, Robert F, Kennedy Jr, “ I’ve, ”, that’s, —, it’s, Kennedy, Reagan, Elon, I’ve, we’ve, Bob Casey, …, It’s, They’ve, I’m, Hey, that’s what’s, Gaetz, That’s, — FETTERMAN, you’re, he’ll, Trump’s, Musk, Vivek Ramaswamy, Biden, Dave McCormick, McCormick, Hillary, Clinton, you’ve, I’ll, ” I’m Organizations: Republicans, of Health, Human Services, NBC, Democratic, Democratic Party, Republican, America, Senate, Greens, Pennsylvania Senate Locations: ”, Lincoln, Pennsylvania, Allegheny, Pittsburgh, ‘

☆ Philippines braces for Typhoon Man-yi as Usagi weakens
▼ + stars: | 2024-11-15 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +3 min

MANILA, Philippines — Philippine President Ferdinand Marcos Jr. directed authorities on Friday to stock up on food and other supplies in advance as Typhoon Man-yi threatened to hit the capital region. Man-yi, locally known as Pepito, is the sixth tropical cyclone to enter the typhoon-battered Philippines in a month. A resident securing the roof of a house in Legazpi, the Philippines, on Friday ahead of Typhoon Man-yi. In October, Tropical Storm Trami and Typhoon Kong-rey brought heavy flooding and triggered landslides, killing 162 people with 22 still missing, according to government data. About 20 tropical storms strike the Philippines each year on average, bringing heavy rains, strong winds and deadly landslides.

Persons: Ferdinand Marcos Jr, Marcos, ” Marcos, Juanito Victor Remulla, Sayat, Usagi, Rueli Rapsing, ” Rapsing, Trami, rey, Haiyan Organizations: Metro, “, Capital, NCR, Getty, Typhoon Kong, Japan Meteorological Agency Locations: MANILA, Philippines, Philippine, Metro Manila, Pacific, Catanduanes, Legazpi, AFP, Taiwan, Cagayan, Typhoon, Tacloban

☆ Taiwan is fast becoming a hub for outdoor adventure and wellness seekers
▼ + stars: | 2024-11-15 | by ( Joe Yogerst | ) edition.cnn.com time to read: +11 min

But rather than one of the more obvious outdoor wellness and adventure hubs, it’s actually Taiwan. “Several factors have contributed to the rapid growth of outdoor sports in Taiwan,” says Kate Chen of the Taiwan Tourism Administration. “There was a huge spike in young adults wanting to go hiking or cycling.”But it’s not just locals discovering the island’s outdoor opportunities. Floating in the South China Sea between Taiwan, Hong Kong and the Philippines, Dongsha Marine National Park offers an entirely different take on outdoor adventure. They also provide a venue for more than 100 nature trails that are part of a national trails network created in 2002.

Persons: CNN —, Topping, ”, Kate Chen of, Michael McCreesh, it’s, Krathon, Chen, Thao, Zhong, Nick Kembel, Taiwan's, “, There’s, Xiao Baiyue Organizations: CNN, Taiwan Tourism Administration, Taiwan, Wellness, Scenic Area, Recreation, Villa, Taiwan Music, Dongsha, Park, MTB, Taiwan Surf Travel, Amis Locations: Chile , New Zealand, California, it’s, Taiwan, Belgium, Massachusetts, Taroko, Te, lakeview, Taipei, Wulai, Neidong, Beitou, Kenting, Fuji, Canadian, South China, Hong Kong, Philippines, “, County, Hualien City

Search resuls for: "Urban"

25 mentions found