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☆ The new class war: A wealth gap between millennials
▼ + stars: | 2024-04-26 | by ( Robert Frank | ) www.cnbc.com time to read: +2 min

The wealth gap between rich millennials and the rest of their age group is the largest of any generation, creating a new wave of class tension and resentment, according to a recent study. According to the study, the average millennial has 30% less wealth at the age of 35 than baby boomers did at the same age. Yet the top 10% of millennials have 20% more wealth than the top baby boomers at the same age. The study finds that millennials — typically defined as those between the age of 28 and 43 today — have faced repeated financial headwinds. The millennials who "went to college, found graduate level jobs, and started families relatively late," ended up with "higher levels of wealth than Baby Boomers with similar life trajectories," according to the report.

Persons: Robert Frank, Rob Gruijters, Zachary Van Winkle, Anette Eva Fasang, Mark Zuckerberg, Sam Altman — Organizations: Boomers

☆ Late Night Tackles Trump’s Gag Order Hearing
▼ + stars: | 2024-04-24 | by ( Trish Bendix | ) www.nytimes.com time to read: +1 min

“He violated the gag order during a hearing about whether he violated the gag order!” — JIMMY KIMMEL“Judge Merchan told Trump’s lead attorney — a guy named Todd Blanche — that his arguments didn’t make sense, that he ‘presented nothing’ and that he was losing ‘all credibility with the court.’ To his credit, Blanche fired back. He said, ‘Your honor, I lost all credibility when I agreed to represent Donald Trump! That is not an issue.’” — JIMMY KIMMEL“Fortunately, Trump didn’t hear any of it. Or, as the rest of the world calls it, a job.” — JORDAN KLEPPER“I love hearing him complain about how cold it is. Someone should knit him a little pair of mittens to wear into court.” — JIMMY KIMMEL

Persons: “, JIMMY KIMMEL, Merchan, Trump’s, —, Todd Blanche —, ‘, ’, Blanche, Donald Trump, ’ ”, Trump, Van Winkle, ” — JIMMY KIMMEL “, Cleveland, it’s, ” — JORDAN KLEPPER “, ” — JIMMY KIMMEL

And when Robert Van Winkle, better known as Vanilla Ice, sang his 1990 hit “Ice Ice Baby,” flanked by 10-foot sparklers, he pulled the Sugar Ray frontman Mark McGrath onstage. This was Cameopalooza 2021, a company retreat celebrating the meteoric rise of Cameo, an app and website where regular people could buy personalized videos from minor celebrities for as little as $1. Three hundred Cameo employees danced, took videos and basked in their good fortune to be a part of the Cameo “Fameo” — the company’s nickname for its employees and community of celebrities. A former collegiate party promoter, he shared the lifestyle of Cameo’s celebrity talent, jet setting between parties, sporting events and luxury homes in Miami, Los Angeles, and Chicago. Cameo had just raised $100 million on the audacious ambition to pioneer the “connection economy,” landing a $1 billion “unicorn” valuation just a few years into its existence.

Persons: Kenny G, Paula Abdul, Hamilton, Lance Bass, Robert Van Winkle, Ray, Mark McGrath, Jack Harlow, Steven Galanis, Cameo Organizations: Chicago, Hilton Locations: American, partied, Miami , Los Angeles, Chicago

“Embryo adoption is not a legal ‘adoption’ at all, at least in the sense of a traditional adoption which occurs after birth,” the National Embryo Donation Center says. Risks of multiplesSoutheastern Fertility, which partners with National Embryo Donation Center, thawed the embryos February 28. There’s about an 80% survival rate when thawing frozen embryos, experts say. I have to have them all.”Philip and Rachel Ridgeway had twins born from embryos that were frozen for about 30 years. Studies have found that 25% to 40% of frozen embryo transfers result in a live birth.

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