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Editor’s Note: Julian Zelizer, a CNN political analyst, is a professor of history and public affairs at Princeton University. CNN —On Thursday evening, Donald J. Trump had his mug shot taken as he was booked at the Fulton County Jail in Atlanta. The sheriff office’s record listed the former president as “White Male 6’ 3” 215 lbs” with “Blond or Strawberry” hair and “blue” eyes. He attacked investigators through his public rhetoric, refused to follow traditional decorum and seemed to say whatever he wanted to. As a result, when many Americans see a mug shot like this, the photograph barely causes a stir.
Persons: Julian Zelizer, Donald J, Trump, , — Sen, Barry Goldwater, Sen, Hugh Scott, John Rhodes —, Richard Nixon, Volodymyr Zelensky, Hunter Biden, Vivek Ramaswamy, Tracy Flick, , Nikki Haley, Tim Scott, Doug Burgum, Ron DeSantis, Pence, Nixon Organizations: CNN, Princeton University, New York Times, America, Twitter, Jail, Trump, Republicans, Capitol, UN, North Dakota Gov, Florida Gov, Republican Locations: Fulton, Atlanta, Peach State, Florida, United States
Opinion | America Has a Mortgage Problem
  + stars: | 2023-08-25 | by ( Peter Coy | ) www.nytimes.com   time to read: +2 min
Indeed, seasonally adjusted sales of new homes rose 31 percent in July from a year earlier, while seasonally adjusted sales of existing homes (a bigger market) fell 17 percent over the same 12 months. The Fed raises rates to cool off the housing market and the inadvertent effect is to increase housing construction. On third glance, though, rate lock really does screw up the housing market. When the inventory of existing homes for sale declines because of rate lock, “the matching process that has to occur becomes more complicated,” he said. In May the inventory of existing homes for sale, 1.08 million, was less than half its average since 1999.
Persons: Robert Dietz, , ” Campbell, Princeton’s Markus Brunnermeier Organizations: National Association of Home Builders Locations: U.S,
DeSantis saying he’s going to start “slitting throats” reminded me of Romney’s “severely conservative.” While DeSantis’s is a dangerous escalation of violent imagery, they both sound bizarre and unnatural. At a more fundamental level, Bateman wrote:It’s not at all clear that what most Republican voters (rather than donors) want is a mainstream and party credentialed version of Trump. The problem with this approach, Ayres continued, is that “the Always Trump voters are ‘Always Trump’ for a reason — they are not going to settle for the second-best Trump if they can get the real thing.”Geoff Garin, a Democratic pollster, wrote:There is no room for DeSantis or anyone else to outflank Trump on the right, where Trump has his most loyal base. Candidates can argue that Trump is insufficiently conservative on some issues, but that it not the point for Trump loyalists. Candidates can try to echo the ugliness of Trump’s rhetoric, but that too misses what really draws these voters to Trump.
Persons: Trump, Romney’s “, Bateman, It’s, Trump’s, ” David O, Sears, , Archie Bunker, Whit Ayres, Republican pollster, DeSantis, RFK Jr, Ayres, Geoff Garin, MAGA, Frances Lee, ” Lee, Organizations: Yale, Harvard, Trump, Republican, Derby, Wimbledon, NPR, Ivy League, for Disease Control, Democratic, Trump loyalists, Republicans Locations: Ukraine, Princeton
In January, Pinellas school district officials yanked Toni Morrison’s classic novel “The Bluest Eye” from high schools after a parent complained about a two-page rape scene. But in counties like Pinellas, his policies and rhetoric have already had what his critics believe is their intended effect. She objected to parts of the syllabus Mr. Robinson had distributed to his class on African-American history, which her son had briefly enrolled in. “I don’t stop my class and ask my white kids, ‘Hey, how are you feeling?’ What kind of teacher would do that?” Mr. Robinson said. In January, someone reported Mr. Robinson for a TikTok mentioning that he had taught students in his Dunedin sociology class about the Black thinker W.E.B.
Persons: DeSantis, yanked Toni Morrison’s, Ruby, , Jeffrey Sachs, Diaz, Laura Hine, Renee Chiea —, , Brandt Robinson, Robinson, Chiea, Nell Irvin Painter, DeSantis’s, Mr, “ It’s, Robinson’s, W.E.B, Du Bois Organizations: Republican, Liberty, Disney, Acadia University, Dunedin High School, Princeton, America, Mr, The Times, Black Locations: Pinellas County, Pinellas, , New Orleans, Nova Scotia, Tallahassee ’, Florida, Dunedin
ChatGPT has drawn users at a feverish pace and spurred Big Tech to release other AI chatbots. But ChatGPT, the latest in technology known as "large language model tools," doesn't speak with sentience and doesn't "think" the way people do. Other tech companies like Google and Meta have developed their own large language model tools, which use programs that take in human prompts and devise sophisticated responses. Other researchers seem to be taking more measured approaches with generative AI tools. He told Insider he's helping to experiment with a chat bot called "Rentervention," which is meant to support tenants.
Persons: ChatGPT, Here's, what's, OpenAI, Matthew Sag, Koko, Rob Morris, Daniel Linna Jr, he's, Linna Organizations: Big Tech, Microsoft, Emory University, Google, Northwestern University, Committee, Better, Princeton
Is Joe Biden Electable?
  + stars: | 2023-08-18 | by ( Kimberley A. Strassel | ) www.wsj.com   time to read: +1 min
Kimberley Strassel is a member of the editorial board for The Wall Street Journal. She writes editorials, as well as the weekly Potomac Watch political column, from her base in Alaska. Ms. Strassel joined Dow Jones & Co. in 1994, working in the news department of The Wall Street Journal Europe in Brussels, and then in London. She moved to New York in 1999 and soon thereafter joined the Journal's editorial page, working as a features editor, and then as an editorial writer. An Oregon native, Ms. Strassel earned a bachelor's degree in Public Policy and International Affairs from Princeton University.
Persons: Kimberley Strassel, Strassel Organizations: Wall Street, Potomac Watch, Dow Jones & Co, The, Street, Fox, Sunday, Press, Policy, International Affairs, Princeton University Locations: Kimberley, Alaska, Brussels, London, New York, An Oregon
“The history of Harlem churches is bound up with the history of cities and the changes that happen within the cities,” said Prof. Wallace Best, who teaches African American studies and religion at Princeton University and is writing a book on Black churches in Harlem. But the church will be unable to financially sustain itself and uphold its legacy of tending to the spiritual, political, and social needs of its community, without a dramatic uptick in its membership and donation flow. On any given Sunday, a few dozen or so churchgoers, primarily a mixture of older congregants and curious tourists, fill the pews. The First Sunday After Second-class TreatmentThe very first Sunday service of the church was held in 1796 in a cabinetmaker’s shop in Lower Manhattan on Cross Street, flanked by Orange and Mulberry Streets. A group of former slaves, dissatisfied with their second-class treatment in the predominantly white John Street Methodist Church, left to start Zion church under the leadership of its first bishop, James Varick.
Persons: , Wallace Best, paraders, Adam Clayton Powell Jr, James Varick Organizations: African, Princeton University, National Trust for Historic Preservation, The New York Times, Cross, John Street Methodist Church, John Street Methodist, Methodist Church, Episcopal Locations: Harlem, Lower Manhattan, Orange, Mulberry,
Sarah E. NeedlemanSarah E. Needleman is a reporter for The Wall Street Journal who writes about interactive entertainment and social media. Her coverage centers on Activision Blizzard, Electronic Arts and other big videogame publishers, as well as social-media companies such as Twitter, Reddit and Pinterest. In 2022, Sarah received an honorable mention with WSJ colleagues for their coverage of workplace misconduct at Activision from the Society for Advancing Business Editing and Writing, or Sabew. In her earlier years at the Journal, she covered small business and careers. Sarah graduated from Rutgers University in 1997 with a bachelor's degree in journalism.
Persons: Sarah E, Sarah, paginator Organizations: Wall Street, Activision Blizzard, Electronic Arts, Activision, Society for, Home News & Tribune, Princeton Packet, Rutgers University Locations: New Jersey
The average sticker price for college, or published costs for tuition and fees, has been rising — but most families don't pay full price. Here are three strategies that can help you pay for college now and save for rising costs in the future. Last year, about 30% of parents used college savings plans such as 529 plans to pay for about $7,800 of college costs, on average, according to the Sallie Mae report. For families who remain concerned about making ends meet based on the financial aid award they've received, it is possible to ask the college financial aid office for more aid. If your circumstances are now different, that should be brought to the financial aid office's attention.
Persons: Sallie Mae, Adam Nguyen, Ivy Link, Roth IRAs, Ivy, Nguyen, Rob Franek, Mark Kantrowitz, they've, you've Organizations: College Board, Istock, Getty, Ivy, The Princeton, ACT, College
To that end, The Princeton Review ranked colleges by how much financial aid is awarded and how satisfied students are with their packages. The Princeton Review's Best Colleges for 2024 report is based on data collected from 165,000 student surveys. At four-year, out-of-state public colleges, it was $28,240, according to the College Board, which tracks trends in college pricing and student aid. However, about two-thirds of all full-time students receive aid, which can bring the cost significantly down. Your net price is a college's tuition and fees minus grants, scholarships and education tax benefits, according to the College Board.
Organizations: Princeton, Finance, College Board
When art and money meet
  + stars: | 2023-08-11 | by ( Amanda Taub | ) www.nytimes.com   time to read: +2 min
I’ve often thought that if one was looking for niche curses to place on enemies, “May you be profiled by Patrick Radden Keefe” would be a particularly potent option. Amid such company, Larry Gagosian, the global art-market king who is the subject of Radden Keefe’s latest profile, gets off relatively lightly. I was reminded of one of my favorite exhibitions of all time, “The Steins Collect,” which I saw at the Metropolitan Museum of Art in New York a decade ago. Regular readers will know that I like biographies about artists, so you might have expected the Gagosian profile to send me reaching for more of those. (I wonder what Lewis, who studied art history as a Princeton undergraduate before going into finance and then journalism, would make of Gagosian.)
Persons: I’ve, , Patrick Radden Keefe, Guzmán Loera, El, Gerry Adams, Larry Gagosian, Radden, Radden Keefe, Gagosian, Matisse, Picasso, Gertrude Stein, Michael Lewis, Lewis Organizations: New Yorker, Irish Republican, Metropolitan Museum of Art, Wall, Princeton Locations: Mexican, New York
U.S. President Joe Biden delivers remarks on veterans' care at George E. Wahlen Department of Veterans Affairs Medical Center in Salt Lake City, Utah, U.S. August 10, 2023. REUTERS/Jonathan Ernst/File PhotoWASHINGTON, Aug 11 (Reuters) - U.S. President Joe Biden is tapping C. Kirabo Jackson, a labor economist whose research advocates robust public spending on schools, to fill out his three-member Council of Economic Advisers (CEA), according to a White House official. The selection suggests public education will be a key area of focus for Biden's brain-trust ahead of a 2024 re-election bid expected to turn on the strength of the economy. Jackson's pick also comes as the Biden administration is thinking through how to boost lagging educational performance since the COVID-19 pandemic. Reporting by Trevor Hunnicutt; Editing by Heather Timmons and Andrea RicciOur Standards: The Thomson Reuters Trust Principles.
Persons: Joe Biden, George E, Jonathan Ernst, Kirabo Jackson, Jackson, Biden, Jackson's, Cecilia Rouse, Trevor Hunnicutt, Heather Timmons, Andrea Ricci Organizations: George, Wahlen Department of Veterans Affairs Medical, REUTERS, Economic Advisers, White, Northwestern University, Princeton University, CEA, Thomson Locations: Salt Lake City , Utah, U.S
Goldman Sachs' summer internship program is harder to get into than Harvard. This summer Goldman hosted 2,970 interns, about 500 of whom were placed in the investment bank, according to stats provided by Goldman. Some rising juniors are also part of the internship classes, however, including Stephenson, who applied for her first Goldman internship during her freshman year of college. Last summer, Stephenson took the subway to work, which had its share of problems. According to Friedland, there's no "busy work" or "shadowing" and the senior bankers rely on the interns to do real work.
Persons: Goldman Sachs, Goldman, India Stephenson, Stephenson, she'd, she's, It's, Dave Friedland, Friedland, they'll, , Conrad, I'm, it's, I've, you've, Nobody's, that's, we've Organizations: Harvard, Princeton, Investment Banking, Committee, Columbia University, University of Michigan, Brookfield, Investment, Goldman, Columbia Locations: India, Goldman's, Manhattan, San Francisco, New York City, Naya, there's, multitask, Goldman
Ivy League law schools like Harvard and Yale have produced presidents, Supreme Court justices, senators and more. But even if you're not looking to go the political route, earning a graduate-level law degree from an Ivy can pay off big time. Those schools are Columbia University, Cornell University, Harvard University, the University of Pennsylvania and Yale University. Brown University, Dartmouth College and Princeton University do not have law schools. Here's how much graduates from each Ivy League law school earn.
Organizations: Ivy League, Harvard, Yale, Ivy, Higher Education, Columbia University, Cornell University, Harvard University, University of Pennsylvania, Yale University . Brown University, Dartmouth College, Princeton University
Does Information Affect Our Beliefs?
  + stars: | 2023-08-09 | by ( Amanda Taub | ) www.nytimes.com   time to read: +2 min
‘Filter bubbles’ and democracySometimes the dangerous effects of social media are clear. As a result, they mostly share and see stories from people on their own side of the political spectrum. That “filter bubble” of information supposedly exposes users to increasingly skewed versions of reality, undermining consensus and reducing their understanding of people on the opposing side. “The ‘Filter Bubble’ Explains Why Trump Won and You Didn’t See It Coming,” announced a New York Magazine article a few days after the election. Changing information doesn’t change mindsBut without rigorous testing, it’s been hard to figure out whether the filter bubble effect was real.
Persons: newsfeed, Jair Bolsonaro, Donald Trump, Trump, , it’s Organizations: Trump, New York Magazine, Wired Magazine, Meta, Princeton, Dartmouth, University of Pennsylvania Locations: Sri Lanka, Brazil, WhatsApp, Brasília, United States, Stanford
Why nuclear fusion is so important for global energy needsWe see the colossal power of nuclear fusion in action every day — the sun. Meaning that unlike fossil fuels, nuclear fusion doesn't contribute to greenhouse gases in the atmosphere that are driving climate change. It was a major breakthrough and the first time a fusion experiment had ever generated an energy surplus. Why nuclear fusion beats nuclear fissionCurrent nuclear power plants use fission to make energy. While fission creates a chain reaction, nuclear fusion reactors of the future would not, avoiding the risk of a meltdown.
Persons: Energy Jennifer Granholm, Lawrence, Jason Laurea, Paul Rhien, J, Robert Oppenheimer, Arjun Makhijani, Daniel Jassby, Jassby Organizations: Service, International Energy Agency, Department of Energy, Energy, Ignition, Lawrence Livermore National Laboratory, Financial Times, Manhattan, International Atomic Energy Agency, Scientists, Institute for Energy, Environmental Research, Princeton Plasma Physics Locations: Wall, Silicon, Lawrence Livermore, That's
The Unprecedented Jack Smith
  + stars: | 2023-08-04 | by ( Kimberley A. Strassel | ) www.wsj.com   time to read: +1 min
Kimberley Strassel is a member of the editorial board for The Wall Street Journal. She writes editorials, as well as the weekly Potomac Watch political column, from her base in Alaska. Ms. Strassel joined Dow Jones & Co. in 1994, working in the news department of The Wall Street Journal Europe in Brussels, and then in London. She moved to New York in 1999 and soon thereafter joined the Journal's editorial page, working as a features editor, and then as an editorial writer. An Oregon native, Ms. Strassel earned a bachelor's degree in Public Policy and International Affairs from Princeton University.
Persons: Kimberley Strassel, Strassel Organizations: Wall Street, Potomac Watch, Dow Jones & Co, The, Street, Fox, Sunday, Press, Policy, International Affairs, Princeton University Locations: Kimberley, Alaska, Brussels, London, New York, An Oregon
This summer Goldman hosted 2,970 interns, about 500 of whom were placed in the investment bank, according to stats provided by Goldman. They advised future Goldman interns to learn how to multitask and have a solutions-oriented mindset, among other suggestions. "You go into someone's office, you don't sit there and say, 'I don't know how to do this,'" he said. As selective as the application process is, Goldman summer analysts are not expected to know how to do their jobs before they start. "I said, I'm really nervous, I don't know how to model.
Persons: Goldman Sachs, Dave Friedland debunks, Stephenson, , it's, Goldman, Dave Friedland, India Stephenson, Friedland, David Freidland Goldman Sachs Friedland, we've, It's, Princeton University —, they're, who's, I'm Organizations: Wall, Cross Markets, Investment Banking, Committee, Columbia University, University of Michigan, Princeton University Locations: dealmaking, India
Transcend enables companies to design more sustainable and resilient critical infrastructure. We got an exclusive look at the 13-slide pitch deck it used to raise the Series B. With Transcend, designs can be iterated and compared as many times as needed to ultimately find the most cost effective or environmentally-friendly specification. They are split between asset owners themselves, engineering companies, and companies who pitch for infrastructure work, including infrastructure players Arcadis, Black and Veatch, Brookfield Asset Management. Currently a team of 80 in the US and Europe, Transcend plans to add headcount in its marketing and sales team.
Persons: Ari Raivetz, Raivetz, isn't Organizations: Princeton, Brookfield Asset Management, Autodesk, HG Ventures, Arosa Capital, Riverstone Holdings, Aspen Capital Group Locations: Brookfield, Europe
Editor’s Note: Julian Zelizer, a CNN political analyst, is a professor of history and public affairs at Princeton University. CNN —Former President Donald Trump pleaded not guilty to charges that he conspired to subvert the 2020 presidential election. As Garrett Graff wrote in a New York Times op-ed, “the precedent Ford set seems to have paralyzed a half-century of prosecutors. But the calculus for the decision to charge Trump shouldn’t rest on the former president’s political fate. Rather, we need to take a long-term view and consider how we can better hold presidents – present and former – accountable.
Persons: Julian Zelizer, Donald Trump, Stormy Daniels, Trump, Gerald Ford, preemptively, Richard Nixon, Nixon, Ford, , ” Ford, , , Ronald Reagan’s, George W, Bush, Garrett Graff, Jack Smith Organizations: CNN, Princeton University, New York Times, America, Twitter, Trump, Department of Justice, Congressional, Justice Department, Republican, GOP, Ford Locations: New York, Iran, Nicaragua, United States
John Rogers' 40-year career at Ariel Investments is one marked by steady and stable performance, fueled by an eye for bargains in times of turmoil. The Ariel Fund that Rogers has managed since its inception in 1986 has racked up returns of almost 11% a year, according to Morningstar. Ariel managed $16.2 billion at the end of 2022. The Princeton grad is a value investor, who follows Warren Buffett's style of investing. He believes that value investing is making a comeback after growth stocks enjoyed a dominant decade during the last bull market.
Persons: John Rogers, Rogers, Morningstar, Ariel, Mellody Hobson, Warren Organizations: Ariel Investments, Ariel, Princeton, Garden Entertainment, Boyd Gaming Corp, Federal Reserve Locations: Chicago, Caribbean, Madison
In the end, the group of Harvard and Brown University-based economists found that attending an Ivy League college has a "statistically insignificant impact" on earnings. Leadership positions are disproportionately held by graduates of a few highly selective private colleges, the Opportunity Insights report found. Meanwhile, at the nation's top schools, including many in the Ivy League, acceptance rates hover near all-time lows. The pathway to CEO is not necessarily an elite university. However, "the pathway to CEO is not necessarily an elite university," added Alvin Tillery, a political science professor and director of Northwestern's Center for the Study of Diversity and Democracy.
Persons: Christopher Rim, Alvin Tillery, Hafeez Lakhani Organizations: Princeton University, Office, Communications, Harvard University, University of North, Ivy League, Harvard, Brown University, Stanford University, Duke University, University of Chicago, Technology, Command, ACT, Northwestern's Center, Diversity, Diversity and Democracy, Princeton, MIT, Glowimages, Getty Locations: New Jersey, University of North Carolina, Massachusetts, New York, Michigan , Illinois, Wisconsin
The downgrade follows a debt ceiling agreement in June that came after months of political brinkmanship and ultimately lifted the government's $31.4 trillion debt ceiling. Unless they think that fiscal trajectory suggests risk of a default, which I don't think they say, I don't understand the reason for this." “So I don't think the reaction, it should surprise anyone in the markets because we've been through this before. JACK ABLIN, CHIEF INVESTMENT OFFICER, CRESSET WEALTH ADVISORS IN PALM BEACH, FLORIDA"I'm surprised, but I'm not surprised." "It's really the just the troubled negotiations that take place every time we have a debt ceiling or budget negotiation.
Persons: Thomas White, Fitch, STEVEN RICCHIUTO, ” WENDY EDELBERG, I'm, JASON WARE, Fiitch, MICHAEL O’ROURKE, , ” BERNARD BAUMOHL, Poor’s, ” MICHAEL SCHULMAN, ANGELO KOURKAFAS, EDWARD JONES, , MICHAEL K, FARR, That’s, ” KEITH LERNER, ” “ It’s, ERIC WINOGRAD, ALLIANCEBERNSTEIN, QUINCY KROSBY, doesn't, JACK ABLIN, it's Organizations: REUTERS, United, AAA, USA, ., OF, HAMILTON PROJECT, BROOKINGS, WASHINGTON D.C, ALBION, Fitch, AA, PRINCETON, NEW, ST LOUIS, MILLER & WASHINGTON LLC, ADVISORY, Global Finance, Markets, Thomson Locations: United States, U.S, MIZUHO, WASHINGTON, CITY , UTAH, STAMFORD , CONNECTICUT, NEW JERSEY, ATLANTA, CHARLOTTE, NORTH CAROLINA, BEACH , FLORIDA
Scientists set off the Trinity test atomic bomb on July 16, 1945. Base camp (9.5 miles away): Through his dark glass, Fermi had the impression the desert was suddenly brighter than day. Chupadera Mesa (30 miles away): Fallout rained on cattle near Chupadera Mesa, giving them serious beta burns, which appear similar to a sunburn. Over 1,000 miles away: In August 1945, Kodak customers complained that their X-ray film, sensitive to radiation, was ruined. The Trinity test fallout had reached the Midwest.
Persons: Trinity, McAllister Hull, Hans Courant, Enrico Fermi, Oppenheimer, Bruce Cameron Reed, Val Fitch, Warren Nyer, General Thomas F, Farrell, Fermi, Rabi, Campañia, Edward Teller, William Spindel, Hans Bethe, Leslie Groves's, Janet Farrell Brodie's, Lilli Hornig, Norris Bradbury, Fitch, Spindel, Hornig, Brodie, Schmidt, McDonald, Reed, sheepherder Jack Denton, Los Alamos Louis Henry Hempelmann, James L, Nolan Jr, Jennet Connet, Bingham, Chupadera, Nolan, Ruidoso, Henry Herrera, Sébastien Philippe, Susan Alzner, Gilbert P, Compo, Mason Grimshaw, Megan Smith, Julian Webb Organizations: Trinity, Service, Manhattan, National Security Research, Geographic, Atomic Energy, Hans, Atomic Heritage Foundation, Base, Manhattan Project, SED, Alamogordo Air Base, Alamos, McDonald, House, Fitch, Silver City, New York Times, Los Alamos, Centers for Disease Control, Princeton University, Consortium, Kodak, Princeton Locations: Wall, Silicon, New Mexico, Sandia, Amarillo , Texas, Albuquerque, Fitch, Los, Bingham, Chupadera Mesa, Nevada, Indiana, Canada, Mexico
A new study finds that an Ivy League degree doesn't meaningfully increase a graduate's future income compared to a good state school. The study looked at wait-listed Ivy League applicants who went on to attend one of nine state universities. See the nine universities that set students up nearly just as well as the Ivies. download the app Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy PolicyYou don't have to attend an Ivy League university to have an Ivy League income. In no particular order, here are the nine state universities the researchers used in the study, where the students they analyzed went on to have comparable estimated incomes to those of Ivy League graduates.
Persons: , Alan Kruger, Ivy isn't Organizations: Ivy League, Service, Ivy League university, Opportunity, Harvard, Princeton, Ivy Locations: Wall, Silicon
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