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☆ Biden's asking Congress for a budget Band-Aid. It'll make student loan repayment easier, secure Social Security and food benefits — and avoid a government shutdown.
▼ + stars: | 2023-08-31 | by ( Juliana Kaplan | Ayelet Sheffey | ) www.businessinsider.com time to read: +5 min

Without the cash infusion, the admin says, Social Security could get bogged down. Without that temporary budget fix, Social Security could get bogged down, low-income babies and seniors might not receive their benefits, and student loan repayment could get even thornier. The agency noted that the Education Department requires $2.3 billion to ensure it can effectively disburse student aid. It would also allocate $1.8 billion for student aid administration, which is $265 million below its current level. Are you worried about losing WIC or other food assistance, or struggling to repay student loans?

Persons: Biden, Joe Biden, Chuck Schumer, Kevin McCarthy, Schumer Organizations: Biden, Social Security, Service, Security, Management, OMB, SNAP, Social Security Administration, Women, Federal Student Aid, Education Department, Federal, Aid, Labor, Republicans, MSNBC, Republican, jkaplan Locations: Wall, Silicon, Washington

☆ Biden Makes Lower Drug Prices a Centerpiece of His 2024 Campaign
▼ + stars: | 2023-08-30 | by ( Michael D. Shear | More About Michael D. Shear | ) www.nytimes.com time to read: +1 min

As he heads toward a re-election campaign next year, President Biden is betting that his success in pushing for policies intended to lower health care costs for millions of Americans will be rewarded by voters at the ballot box. In speech after speech, Mr. Biden talks about capping the cost of insulin at $35, putting new limits on medical expenses for seniors, making some vaccines free and pushing to lower the prices of some of the most expensive drugs in the world. At the White House, Mr. Biden and his advisers have already begun to elevate the issue as a centerpiece of his agenda. And at his campaign headquarters in Wilmington, Del., aides are preparing television ads, talking points and speeches arguing that Mr. Biden’s push for lower health care costs is a stark contrast with his Republican opponents. “The president will have a very strong case to make,” said Senator Amy Klobuchar of Minnesota, a member of the president’s national campaign advisory board.

Persons: Biden, Biden’s, “, ”, Amy Klobuchar Organizations: White, Republican Locations: Wilmington, Del, Minnesota

☆ 28-year-old's side hustle makes up to $113,500 per year—and it only costs $50 to start
▼ + stars: | 2023-08-30 | by ( Megan Sauer | ) www.cnbc.com time to read: +6 min

It was 2017 and Osborne realized he could get paid to advise high school seniors on their college admissions essays. He went back to that mentor for help getting the side hustle off the ground. The upside: The side hustle costs almost nothing to start, he says. Here, Osborne details how he started and maintains his six-figure side hustle:CNBC Make It: Do you think your side hustle is replicable? How do you help students improve their essays without making it yours?

Persons: they've, Carter Osborne, Osborne, There's, you've, who's, I'm, I'd, Warren Buffett Organizations: CNBC, Stanford University Locations: Seattle , Washington

☆ Medicare wants to cut the price on an Eli Lilly drug. What it means for LLY shares
▼ + stars: | 2023-08-30 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +8 min

Eli Lilly's revenue from Jardiance — which it markets alongside privately held German biotech firm Boehringer Ingelheim — is likely to suffer due to Medicare negotiations. Compared to those growth drivers, Jardiance is a minor character in the Eli Lilly investment story. However, the deceleration is not entirely due to likely lower realized prices from Medicare negotiations. Eli Lilly looks "relatively protected" from early Medicare negotiations, BMO's Seigmerman said. Eli Lilly headquarters in Indianapolis, Indiana, US, on Wednesday, May 3, 2023.

Persons: Eli Lilly, Biden, Myers Squibb, Johnson, Eli Lilly's, —, Evan Seigerman, Seigerman, BMO's Seigmerman, Lilly, Jim Cramer's, Jim Cramer, Jim, AJ Mast Organizations: pharma, Myers, Club, Johnson, Medicare, donanemab, Bank of America, FactSet, Mounjaro, Merck, Constitution, Wall Street, Bristol Myers Squibb, BMO Capital, CNBC, Services, drugmakers, and Drug Administration, FDA, Trulicity, Bloomberg, Getty Locations: Bristol, U.S, Indianapolis , Indiana

☆ 70% of college seniors with student debt say looming repayments will impact their career plans
▼ + stars: | 2023-08-29 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +2 min

Many of today's college undergrads have gone through school knowing student loan payments were on pause indefinitely and the prospect of widespread cancelation was closer to becoming reality than ever. Just over half of next year's college graduates expect to carry student loan debt, and within that group, almost 70% say their debt will influence the jobs they consider after graduation, according to Handshake's latest report that surveyed 1,148 students in the class of 2024. A remaining 17% of students said their college debt would not impact their career choices after school, and 14% said they are neutral on the matter. As a result, many students say finding a job with a high salary and with a company that offers attractive benefits, like student loan repayment benefits, are all "top of mind," Williams tells CNBC Make It. Young workers with debt also want flexibility in where and when they work, though many say it goes beyond the matter of preference.

Persons: cancelation, Handshake's, Monne Williams, Williams, they've Organizations: CNBC

☆ Inside Citadel's $19,000-a-month summer internship, where interns are taught how to schmooze and are judged on the length of their emails
▼ + stars: | 2023-08-29 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +3 min

Hedge fund Citadel selected 300 candidates from a pool of 69,000 applicants for its summer internship. AdvertisementAdvertisementHedge fund Citadel and trading firm Citadel Securities run a highly-coveted summer internship program that runs for 11 weeks. AdvertisementAdvertisementDuring Citadel's summer programs, interns lodge at upscale hotels like Hong Kong's Fullerton Ocean Park Hotel, a Citadel spokesperson told Insider on Tuesday. Ken Griffin, the majority owner of Citadel and Citadel Securities, is worth $37 billion, according to Bloomberg's Billionaires Index. Citadel posted its strongest results to date in 2022 when it made about $28 billion in revenue, while market maker Citadel Securities raked in $7.5 billion in revenue.

Persons: Kristina Martinez, Citadel's, Ken Griffin Organizations: Citadel, Bloomberg, Morning, Citadel Securities, Park, Stanford Locations: Hong

☆ How families are managing the steep costs of long term seniors care
▼ + stars: | 2023-08-29 | by ( Sharon Epperson | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow families are managing the steep costs of long term seniors careCNBC's Sharon Epperson joins 'The Exchange' to discuss out-of-pocket cost for long term family care, managing the cost of caregiving, and resources for planning healthcare related financial decisions.

Persons: CNBC's Sharon Epperson

☆ Biden administration unveils first 10 drugs subject to Medicare price negotiations
▼ + stars: | 2023-08-29 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +7 min

Fiasp and NovoLog, insulins made by Novo Nordisk The Medicare negotiations are the centerpiece of the Biden administration's efforts to rein in the rising cost of medications in the U.S. Drugmakers such as Merck and Johnson & Johnson and their supporters aim to derail the negotiations, filing at least eight lawsuits in recent months seeking to declare the policy unconstitutional. Drugmakers' legal challengesMerck, Johnson & Johnson, Bristol-Myers Squibb and Astellas Pharma are among the companies suing to halt the negotiation process. The suits make similar and overlapping claims that Medicare negotiations are unconstitutional. Biden and his top health officials have embraced the lawsuits as evidence that they're making progress in the fight to cut drug prices.

Persons: Biden, Joe Biden's, Boehringer Ingelheim, Johnson Januvia, Merck Farxiga, Novartis Enbrel, Amgen Imbruvica, AbbVie Stelara, Janssen, insulins, Johnson, Leigh Purvis, Drugmakers, drugmakers, Robert Davis Organizations: Bristol, Myers Squibb Jardiance, Johnson, Merck, AstraZeneca Entresto, Novartis, Novo Nordisk, Medicare, Centers, Services, Biden, AARP Public, Institute, Congressional, Office, Myers Squibb, Astellas Pharma, U.S . Chamber, Commerce, Supreme, Court, Circuit Court, Pharma, White, Big Pharma Locations: U.S, Bristol

He said that once implemented, the prices on negotiated drugs will decrease for up to 9 million seniors who currently pay as much as $6,497 in out-of-pocket costs per year for these prescriptions. This kicks off the negotiation process for the 10 drugs whose new prices will go into effect in 2026. U.S. laws had prohibited Medicare from negotiating pharmaceutical prices as part of its prescription drug program that began about 20 years ago. CMS Director Dr. Meena Seshamani said Medicare plans to use a review process to make sure insurance companies keep clinically appropriate access to negotiated drugs. Two analysts said they expect the negotiated prices to move beyond Medicare and affect commercial markets for these drugs by 2026, when they come into effect.

Persons: Joe Biden, Jonathan Ernst, Biden, Joe Biden’s, Januvia, Xarelto, Johnson, Boehringer Ingelheim, Eli Lilly's, Jardiance, Mohit Bansal, Entresto, Eli Lilly, Merck, Bristol Myers, Giovanni Caforio, Caforio, enrollees, Meena Seshamani, Stelara, Amgen, Evan Seigerman, Patrick Wingrove, Mike Erman, Manas Mishra, Nandita Bose, Caroline Humer, Bill Berkrot Organizations: Social Security, University of Tampa, REUTERS, U.S, Bristol Myers Squibb, Pfizer, Merck, Co's, Johnson, Novo Nordisk, NYSE Arca Pharmaceutical, U.S . Centers, Medicare, Medicaid Services, Reuters Graphics Wells, Novartis, AstraZeneca, Bristol, J, U.S . Department of Health, Human Services, BMO Capital, Thomson Locations: Tampa , Florida, U.S, Amgen's, Jardiance, Germany, Bengaluru, Washington

☆ LA considers ban on cashless businesses because they exclude low-income people, people of color, and seniors
▼ + stars: | 2023-08-27 | by ( Katie Balevic | ) www.businessinsider.com time to read: +2 min

Los Angeles could join other cities and states in banning cashless businesses. A councilwoman wants to ban the practice, something San Francisco and New York City have already done. It comes as more businesses in the area are opting for cashless payments like credit cards or digital payments through apps. Those options, businesses say, make the purchasing process more efficient and safe, the Los Angeles Times reported. Her motion calls for the City Attorney to draft an ordinance prohibiting cashless businesses.

Persons: Councilwoman Heather Hutt, Kardashian, Hutt, Bill Scott Organizations: Francisco and New, Service, Los Angeles Times, Daily Mail, City Attorney, Times, San Francisco Police Department Locations: Angeles, LA, Francisco and, Francisco and New York City, Wall, Silicon, Los Angeles, City, New York, Philadelphia, San Francisco

REUTERS/Brendan McDermid/File Photo/File Photo Acquire Licensing RightsAug 25 (Reuters) - AstraZeneca (AZN.L) said on Friday it has sued the U.S. government to block parts of a program that gives the Medicare health insurance plan the power to negotiate lower drug prices. The program faces at least seven other court challenges, including from leading industry group PhRMA and drugmakers Johnson & Johnson (JNJ.N), Merck & Co (MRK.N), Bristol Myers Squibb (BMY.N) and privately-held Boehringer Ingelheim. The drug price negotiation program is part of President Joe Biden's signature Inflation Reduction Act (IRA). ‍AstraZeneca said the program would deter continued development of treatments such as its cancer drug Lynparza and rare blood disorder drug Soliris, which carry orphan drug status for multiple conditions. An HHS spokesperson said in a statement that the agency "will vigorously defend the President's drug price negotiation law, which is already helping to lower healthcare costs for seniors and people with disabilities."

Persons: Brendan McDermid, drugmakers Johnson, Johnson, Joe Biden's, AstraZeneca, Bhanvi, Dhanya Ann Thoppil, Shilpi Majumdar Organizations: AstraZeneca, New York Stock Exchange, REUTERS, U.S, Merck & Co, Bristol Myers Squibb, U.S . Department of Health, Human Services, Thomson Locations: British, Delaware, United States, U.S, Bengaluru

☆ How China Made Its Housing Crisis Worse
▼ + stars: | 2023-08-24 | by ( Keith Bradsher | More About Keith Bradsher | ) www.nytimes.com time to read: +1 min

In China the pension akin to Social Security in the United States pays about $410 a month to seniors who live in cities, and only $25 a month in the countryside. China’s consumer safety net is full of holes, even when accounting for lower costs of living compared to the United States. Beijing policymakers, who have a longstanding aversion to financial protections for households, have begun trimming social spending this year. That could further harm the country’s already sputtering levels of consumer spending, in turn dragging property prices even lower. The World Bank and a Chinese government planning agency boldly made the point in 2012 with a report, titled “China 2030,” that called for China to support consumers better and embrace a “turning point in its development path.”

Organizations: Social Security, World Bank Locations: China, United States, U.S, Beijing

☆ FDA approves Pfizer maternal RSV vaccine for infants
▼ + stars: | 2023-08-21 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +2 min

It's now the second treatment approved by the FDA to prevent RSV in infants and the first vaccine. It uses maternal immunization, which refers to vaccinating pregnant mothers so they can pass protective antibodies to their fetuses. "When you think globally, this vaccine could potentially have a huge public health impact," Gurtman told CNBC. The FDA in mid-July approved an RSV monoclonal antibody from Sanofi and AstraZeneca that is directly administered to infants. The shot would help the U.S. combat the upcoming RSV season as it comes off an unusually severe year.

Persons: It's, Alejandra Gurtman, Gurtman, Dr, Peter Marks Organizations: Drug Administration, Pfizer, FDA, Centers for Disease Control, Prevention, CNBC, Sanofi, AstraZeneca, CDC Locations: U.S

☆ It Was an Oasis for Maui Elders. The Fire Brought Terror and Death.
▼ + stars: | 2023-08-18 | by ( Jack Healy | More About Jack Healy | ) www.nytimes.com time to read: +1 min

The independent-living complex in Lahaina was one of the few housing options for low-income older adults on Maui, where soaring rents have forced more and more seniors into homeless shelters or onto five-year waiting lists for subsidized housing. At Eono, residents said they paid as little as $150 a month for palm-fringed, one-bedrooms overlooking the Pacific. They held group barbecues and monthly birthday celebrations. They felt like they had found stability on an island where many elders — known in Hawaiian as “kupuna” — had been priced out after a lifetime of raising families and serving tourists. “If you got in there, you won the lottery,” said Sanford Hill, 72, a photographer who grew up on Oahu and spent two years homeless before he landed a spot at the complex.

Persons: Hale Mahaolu Eono, —, ” —, ”, Sanford Hill Locations: Lahaina, Maui, Eono, Oahu

☆ Social Security cost-of-living adjustment for 2024 may be 3%, estimate finds. How hurricane season may change that
▼ + stars: | 2023-08-18 | by ( Lorie Konish | ) www.cnbc.com time to read: +1 min

"The COLA estimate might go down if gas and oil prices drop." Hurricanes, in particular, may prompt higher oil and gas prices, she said. "Certainly, hurricane season bears close monitoring, and we are entering the heart of it now," said AAA spokesman Andrew Gross. "A major storm impacting the Gulf Coast and nearby refineries will likely lead to a spike in gas prices for a few weeks," he said. However, the pressure may be off pump prices at the moment, he said, due to a combination of lower oil prices and flat demand.

Persons: Mary Johnson, Johnson, Andrew Gross Organizations: Istock, CPI, Social Security, Senior Citizens League, Hurricanes, National Oceanic, Atmospheric Administration, AAA, Seniors Locations: Coast

[1/4] A damaged vehicle is pictured in the fire ravaged town of Lahaina on the island of Maui in Hawaii, U.S., August 15, 2023. Joseph Schilling, 66, enjoyed hunting for bullet shells and was known by his loved ones for making delicious sugar toast. Both died last week in the wildfires that scorched Maui and were among the first victims identified by authorities and family members in the heart-wrenching days afterward. As names of the dead are shared, an early pattern has emerged: Many who perished were over the age of 65. The other victims identified so far by officials are Melva Benjamin, 71; Robert Dyckman, 74; Buddy Jantoc, 79; Alfredo Galinato, 79; and Virginia Dofa, 90.

Persons: Mike Blake, Donna Gomes, Joseph Schilling, Schilling, Joe, Akiva Bluh, Bluh, Gomes, Tehani Kuhaulua, Benjamin, Robert Dyckman, Buddy Jantoc, Alfredo Galinato, Virginia Dofa, Galinato, KITV, Joshua Galinato, He's, Daniel Trotta, Brendan O'Brien, Don Durfee, Cynthia Osterman, Jonathan Oatis Organizations: REUTERS, U.S . Fire Administration, Research, National Institute of Standards, Technology, Fire Administration, ABC, Thomson Locations: Lahaina, Maui, Hawaii, U.S, Virginia

☆ Few families pay the full price for college: Take these 3 steps to help cover rising higher education costs
▼ + stars: | 2023-08-17 | by ( Sharon Epperson | In Sharoneppersoncnbc | ) www.cnbc.com time to read: +5 min

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

☆ Pickleball is a hit with millennials – the average player is 35 years old — and over 25,000 new courts are needed to keep up with demand
▼ + stars: | 2023-08-17 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +3 min

Pickleball has exploded in popularity in recent years and, as of 2022, has 8.9 million players. The report found the average player is 35 years old, but the sport is also a hit with Gen Z and seniors. For context, there are currently 51,937 pickleball courts across more than 12,000 facilities in the US, per the report. The average age of a pickleball player is 35 years old, according to the report. While the sport continues to grow in popularity, pickleball may also drive up unexpected medical costs.

Persons: Pickleball, Gen Z, Tom Cove, Jorge Barragan Organizations: Service, —, Pickleball, Sports & Fitness Industry Association, UBS Locations: Wall, Silicon, pickleball, Silicon Valley

☆ One year on, Biden still needs to explain his signature clean energy legislation
▼ + stars: | 2023-08-16 | by ( Jarrett Renshaw | ) www.reuters.com time to read: +6 min

REUTERS/Leah Acquire Licensing Rights Read moreAug 16 (Reuters) - U.S. President Joe Biden on Wednesday marks the first anniversary of signing his signature clean energy legislation called the Inflation Reduction Act by leading a campaign to better explain to Americans what, exactly, it does. Twelve months after it passed, the law commonly referred to as the IRA, like most major U.S. legislation, is drawing mixed reviews. Meanwhile, many Americans, even those who support Biden, don't know much about it, according to Reuters opinion polls. Biden has expressed regret at calling the bill the Inflation Reduction Act. "Voters hear the Inflation Reduction Act, but they do not see their grocery bills coming down.

Persons: Joe Biden, Leah, Biden, Democrat Biden, Donald Trump, Moody's, MARK Biden, Goldman Sachs, WHAT'S, Jimmy Siegel, Jarrett Renshaw, Nichola Groom, Moira Warburton, Heather Timmons, Grant McCool Organizations: Infrastructure Law, White, REUTERS, Democrat, U.S, Republican, LOVE, Wall Street, Bank of America, Democrats, Credit Suisse, University of Pennsylvania’s Wharton Business School, Reuters, Washington Post, University of Maryland, White House, Democratic, Thomson Locations: Washington , U.S, U.S, Utah

WASHINGTON, Aug 16 (Reuters) - U.S President Joe Biden on Wednesday used the first anniversary of his signature Inflation Reduction Act to pitch the landmark clean-energy law as an economic powerhouse to a public that remains largely unaware of its contents. The legislation, Biden said, has shifted production of critical components away from China and into the United States. [1/3]U.S. President Joe Biden delivers remarks during an event to celebrate the anniversary of his signing of the 2022 Inflation Reduction Act legislation, in the East Room of the White House in Washington, U.S., August 16, 2023. The bill's name, the Inflation Reduction Act, helped solve a political problem for Democrats who were concerned that voters would punish them for soaring prices in the 2022 congressional elections. "Voters hear the Inflation Reduction Act, but they do not see their grocery bills coming down.

Persons: Joe Biden, Biden, Moody's, Kevin Lamarque, MARK Biden, WHAT'S, Jimmy Siegel, Jarrett Renshaw, Nichola Groom, Moira Warburton, Heather Timmons, Grant McCool, Jonathan Oatis, Andy Sullivan Organizations: Biden, LOVE, Wall, Bank of America, White, REUTERS, Democrats, Reuters, Washington Post, University of Maryland, White House, Democratic, Thomson Locations: China, United States, U.S, Asia, Europe, Washington , U.S

☆ The White House blasts Republicans' budget plans, saying they want to slash Social Security and Medicare and 'force seniors to pay even higher drug costs so Big Pharma can fill more swimming pools wit
▼ + stars: | 2023-08-15 | by ( Juliana Kaplan | Ayelet Sheffey | ) www.businessinsider.com time to read: +5 min

They said the GOP wants to slash earned benefits and hand out tax cuts for the wealthy. For instance, the Republican Study Committee released a report on spending priorities and reforms that would, among other measures, adjust the Social Security retirement age. "We will not now or ever support cutting or delaying retirement benefits for any senior in or near retirement," it said. "While the GOP tries to cut its funding, Democrats are committed to protecting Social Security for all Americans." "It's Medicare, Social Security, interest on the debt."

Persons: Biden, Andrew Bates, Bates, reconvenes, that's, California Sen, Alex Padilla, Kevin McCarthy, McCarthy, Sen, Ron Wyden Organizations: House, Republicans, GOP, Service, Privacy, White, Republican, Security, Labor, Health, Human Services, Education, Social Security, Big, Democratic, Social, Fox News, Senate Finance, AP News Locations: Wall, Silicon, California

☆ US watchdog teases crackdown on data brokers that sell Americans’ personal information
▼ + stars: | 2023-08-15 | by ( Brian Fung | ) edition.cnn.com time to read: +3 min

Washington CNN —The US government plans to rein in the vast data broker industry with new, privacy-focused regulations that aim to safeguard millions of Americans’ personal information from data breaches, violent criminals and even artificial intelligence chatbots. The potential rules, which are not yet public or final, could bar data brokers from selling certain types of consumer information — including a person’s income or their criminal and payment history — except in specific circumstances, the CFPB said. The push could also see new restrictions on the sale of personal information such as Social Security numbers, names and addresses, which the CFPB said data brokers often buy from the major credit reporting bureaus to create their own profiles on individual consumers. The announcement follows an agency study into the data broker industry this year that found widespread concerns about how consumer data is being collected, used and shared. The CFPB isn’t the only US agency clamping down on the massive data industry.

Persons: ”, Rohit Chopra, Lina Khan Organizations: Washington CNN, Consumer Financial, Fair, U.S, Federal Trade Commission

☆ Students at David Solomon's alma mater slam the Goldman Sachs CEO of 'blatant ignorance and disrespect' during a debate
▼ + stars: | 2023-08-12 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +3 min

The Goldman Sachs CEO discussed divestment issues with students at his alma mater Hamilton College. Goldman Sachs didn't immediately respond to a request for comment from Insider. Students at David Solomon's alma mater have accused the Goldman Sachs CEO of having "blatant ignorance and disrespect" during a conversation about fossil fuel divestment. Goldman Sachs didn't immediately respond to a request for comment from Insider, which was made outside of normal working hours. However, Goldman's spokesman Tony Fratto told Bloomberg that they strongly dispute the claims made by the students of Hamilton College.

Persons: David Solomon, Goldman Sachs, Goldman Sachs didn't, David Solomon's alma, Solomon, backtracked, Tony Fratto, Hamilton College . Solomon, Goldman Organizations: mater Hamilton College, New York's Hamilton College, Bloomberg, Hamilton College . Locations: Hamilton, China, India, Cambodia

☆ These environmental laws are making it harder to fight climate change
▼ + stars: | 2023-08-12 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +9 min

New Jersey has sued to block New York City's congestion price law using environmental review. The environmental review process has “metastasized well beyond what anyone intended it to be,” Dourado said. “To me, it’s clearly dysfunctional.”Reform effortsThe need to reform the environmental review process has become a bipartisan issue in recent years. Some environmental groups believe these reforms are needed to advance clean energy progress and other goals. While the Environmental Defense Fund supports the Biden administration’s reforms to NEPA, it’s against a draconian rollback of environmental review, he said.

Persons: Michael Nagle, ”, Howard Slatkin, Richard Nixon, Paul Sabin, ” Sabin, Eli Dourado, “, ” Dourado, Elgie Holstein, Bill Clinton, Barack Obama, Donald Trump’s, Joe Biden’s, ” Holstein Organizations: New, New York CNN, Environmental, Bloomberg, Getty Images, Federal, Administration, NEPA, Congress, Democrats, Citizens Housing, Planning, Reform, University of California, Magna Carta, Act, Yale University, “ Public, Big Government, Richard Nixon Presidential Library & Museum, Center for Growth, Utah State University, “, Environmental Defense Fund, Biden Locations: New York, Manhattan, New Jersey, York, Jersey, London, Stockholm, United States, New York City, Berkeley, Minneapolis

☆ As a recent college grad, I applied to nearly 90 jobs, and I never heard back from a majority of them. I didn't think it would be this difficult.
▼ + stars: | 2023-08-11 | by ( Mo Mitchell | ) www.businessinsider.com time to read: +5 min

Each line in my spreadsheet felt like progress toward a promising and exciting future. I still didn't have a job lined up. These were jobs I'd applied to months prior, and I hadn't heard anything since getting an automated "we have received your application" message. Graduating college without a job lined up was one of the hardest things I'd ever done. I graduated from a selective college where many of my friends had jobs lined up before we even started our senior year.

Persons: I'd Organizations: University of Chicago, Service Locations: Wall, Silicon

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