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☆ Trump's plan to scrap taxes on tips and overtime could reshape how millions of Americans get paid
▼ + stars: | 2024-10-02 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +7 min

Presidential hopeful Donald Trump has proposed getting rid of taxes on tips and overtime. AdvertisementIf former President Donald Trump gets his way, workers who collect overtime pay or tips could stop paying taxes on them. "Their employer can pay less to keep them but the worker is not worse off because now they don't have to pay taxes on that," Shierholz said. Or it could mean some salaried workers switch to hourly wages in order to qualify for a higher rate of untaxed overtime pay. Do you collect tips or overtime pay?

Persons: Donald Trump, Trump, —, It's, Kamala Harris, that's, Harris, it's, Heidi Shierholz, Shierholz, Joe Hughes, Alex Muresianu, Muresianu, Hughes, Rube Goldberg, Karoline Leavitt Organizations: Service, Yale, Trump, Social Security, Taxation, Economic, Tax Foundation Locations: Arizona, America

☆ The US economy teeters after it's hit by a triple threat: Middle East escalation, port closures, and Hurricane Helene
▼ + stars: | 2024-10-02 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

A dockworkers strike begins. Back in the States, a dockworkers strike could upend an economy finally on the mend. Tuesday morning marked the start of a dockworkers strike that will shutter dozens of US ports that handle about half of all US ocean imports. The Iranian attack was largely thwarted, and the dockworkers strike could be short-lived. That's thanks in part to strong demand in China.

Persons: —, JD Vance, Tim Walz, BI's Brent D, Griffiths, Amir Cohen, Hurricane Helene, it's, Tyler, Paul Podolsky, Kate Capital, Samantha Lee Musk, Jenny Chang, Rodriguez Hey Airbnb, Gen Z, somethings, Critics —, Amazon's, Nicholas Bloom, Eric Adams, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Business, Service, Midwest Nice, REUTERS, US Navy, Bank of America, Northwestern Energy, Bridgewater Associates, Samantha Lee Musk &, mojo, DOJ, Google, BI, Amazon, Stanford, New York City Locations: Israel, Iran, Saudi Arabia, States, Bridgewater, China, Yale, New York, London

☆ Yale's Stephen Roach discusses U.S. policy on China, markets, economy
▼ + stars: | 2024-10-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStephen Roach: Markets in danger of being whipsawed with geopolitical conflict, rising unemploymentStephen Roach, senior fellow at Yale Law School's Paul Tsai China Center, says "if we're going to have regional conflict in the Middle East, which certainly appears to be the case, occurring in a time of rising unemployment in the United States, the markets really will not know where to turn."

Persons: Stephen Roach, Yale Law School's Paul Tsai Organizations: Yale Law, Yale Law School's Paul Tsai China Center Locations: United States

☆ Louisiana governor wants live tiger back at LSU football games
▼ + stars: | 2024-10-01 | by ( The Associated Press | ) www.nbcnews.com time to read: +3 min

Jeff Landry confirmed his support on Tuesday of restarting the tradition of bringing Louisiana State University’s live tiger mascot onto the football field ahead of home games. For years, the school’s live mascot would ride through the stadium in a travel trailer “topped by the LSU cheerleaders” before home games, based on information about the mascot on the LSU Athletics’ webpage. Following the death of the school’s tiger, Mike VI, in 2016, LSU announced that future Mike the Tigers would no longer be brought onto the field. In the past, animal rights groups have called on LSU to stop keeping live tiger mascots. Louisiana is not the only school that is home to a live mascot.

Persons: Jeff Landry, LSU’s, didn’t, Landry, “, ” Landry, ”, —, Mike VI, Mike, Mike VII —, Dan, University of Colorado’s Ralphie Organizations: —, Louisiana State, Tiger, University, Animals, LSU, PETA, Gov, Press, university’s School of Veterinary Medicine, LSU Athletics ’, Tigers, Yale, University of Texas, Longhorn, University of Colorado’s, Buffalo Locations: BATON ROUGE, La, Baton Rouge, New Orleans, U.S, Louisiana

Israel launches a ground operation in Lebanon. North Carolina residents raise questions over disaster responseNorth Carolina residents are only beginning to pick up the pieces after Helene roared through the western part of the state, causing devastating flooding and catastrophic damage. At least 49 people have died and dozens of others are missing in western North Carolina, which includes hard-hit Asheville. But some North Carolina residents are criticizing what they view as a lack of preparation for the storm. In recent weeks, Israel has launched attacks using exploding pagers and walkie talkies, unleashed heavy bombings in Lebanon and killed longtime Hezbollah leader Hassan Nasrallah.

Persons: Vance, Tim Walz, Helene, Roy Cooper, ”, Deanne Criswell, Sara Legatski, “, Hassan Nasrallah, Read, Sen, JD Vance, Donald Trump’s, Walz, Kamala Harris ’, Vance’s, —, Biden, Harris, longshoremen, Carter, Jimmy Carter, Claudia Sheinbuam, Pete Rose, League Baseball’s, Sing, Jon, Adrian Velazquez, Gadiel del Orbe, del Orbe, — Sandra Lilley, Elizabeth Robinson Organizations: NBC, Asheville . North Carolina Gov, FEMA, Spokespeople, Reuters, AFP, Getty Israel, Lebanon's, Israel Defense Forces, Minnesota Gov, CBS, Getty, Vance’s Yale Law, Democratic Party, International Longshoremen’s Association, United States Maritime Alliance, Workers, League, Sing Sing, del, Vanderbilt University Locations: Asheville , North Carolina, Israel, Lebanon, North Carolina, Carolina, Asheville ., Asheville, Florida, Buncombe County, didn’t, Beirut, Ohio, New York, Springfield , Ohio, East Coast, Gulf Coast, Georgia, NYPD, Kentucky, Spain

Tim Walz take the stage in New York City for Tuesday night’s vice presidential debate, it will be their first in-person meeting. Given that Trump hasn’t agreed to a second showdown with Harris, Vance vs. Walz could very well be the last debate before Election Day. With all that in mind, here are a few things to watch for as Vance and Walz face off in New York:Does Walz win the expectations game? “I can’t wait to debate the guy,” Walz said, before he alluded to a vulgar false claim made about Vance online. Rep. Tom Emmer, R-Minn., who played Walz in Vance’s debate prep, has compared his state’s governor to the liberal governor of California.

Persons: Sen, JD Vance, Tim Walz, Vance, Walz, Kamala Harris, Donald Trump, Harris, Sarah Palin, ” Walz, he’s, “, ” “, “ Walz, ” Jason Miller, He’s, He’ll, ” Vance, Tim Ryan, Usha, Vance bemoaned, ” Usha Vance, Both Walz, “ He’s, ” Miller, —, Vance isn’t, Trump, Tom Emmer, ” Emmer, Gavin Newsom, won’t Organizations: Minnesota Gov, CBS News, Trump, NBC News, Alaska Gov, Yale Law, MSNBC, United, Democratic, Senate, White House, CNN Locations: R, Ohio, New York City, Trump, New York, Philadelphia, United States, Springfield , Ohio, American, California, Minnesota

☆ China's stock surge has echoes of the 2015 bubble. What's different this time
▼ + stars: | 2024-10-01 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

Costfoto | Nurphoto | Getty ImagesBEIJING — The rocket higher in Chinese stocks so far looks different from the market bubble in 2015, analysts said. Major mainland China stock indexes surged by more than 8% Monday, extending a winning streak on the back of stimulus hopes. Stock market leverage by percentage and value were far higher in 2015 than data for Monday showed, according to Wind Information. He added that there are market risks from how unprepared the stock trading system was for the surge of buying. Reports indicate brokerages have been overwhelmed with new requests, echoing how individuals piled into the stock market nearly a decade earlier.

Persons: Aaron Costello, We're, Xi Jinping, Zhu Ning, Stephen Roach, Yale Law School's Paul Tsai, Costello, Peter Alexander, it's, —, Alexander Organizations: Nurphoto, Getty, Cambridge Associates, U.S ., greenback, U.S, CSI, People's Bank of China, Nikkei, Yale Law, Yale Law School's Paul Tsai China Center, Ministry of Finance, Ben Advisors, Shanghai Stock Exchange Locations: Hangzhou, China, BEIJING, Shanghai, Shenzhen, Asia, MSCI, People's Republic of China, Beijing

☆ 2 steps China still needs to take to avoid a 'quagmire' of deflation, Yale economist says
▼ + stars: | 2024-10-01 | by ( Filip De Mott | ) www.businessinsider.com time to read: +4 min

China is at risk of falling into a prolonged period of deflation, Yale economist Stephen Roach says. The country's monetary stimulus blitz was a move in the right direction, Roach said in an FT op-ed. The two missing pieces are fiscal support and structural reform, Roach wrote in a new op-ed for the Financial Times. AdvertisementAccording to Roach, China's projected GDP rate of 4% over the next five years virtually mirrors Tokyo's situation 30 years ago. China now needs to do the same with fiscal stimulus.

Persons: Stephen Roach, Roach, —, China's, Beijing's hesitancy, Paul Krugman, Krugman Organizations: Yale, Service, Financial Times, Communist Party's Locations: China, Beijing, Japan

☆ Inside the relationship of JD Vance and Usha Chilukuri Vance, the newest GOP power couple who met as Yale law students
▼ + stars: | 2024-10-01 | by ( Talia Lakritz | ) www.businessinsider.com time to read: +1 min

Sen. JD Vance of Ohio is former President Donald Trump's running mate in the 2024 election. Vance met his wife, Usha Chilukuri Vance, while they were both students at Yale Law School. AdvertisementWhen Fox News asked Usha Chilukuri Vance in June how she felt about her husband, JD Vance, being considered as Donald Trump's running mate, she told host Lawrence Jones that she was "not raring to change anything about our lives right now." Vance, the junior senator from Ohio and bestselling author of "Hillbilly Elegy," and Chilukuri Vance, a litigator whose résumé includes a Supreme Court clerkship, met as students at Yale Law School and wed in 2014. Here's a look inside the relationship of the newest GOP power couple who could become the next vice president and second lady.

Persons: Sen, JD Vance, Ohio, Donald Trump's, Vance, Usha Chilukuri Vance, —, Lawrence Jones, Trump, Chilukuri Vance Organizations: Yale Law School, Service, Fox News, Republican National Convention Locations: Ohio

☆ What Walz’s and Vance’s past debates may reveal about Tuesday’s high-stakes matchup
▼ + stars: | 2024-09-30 | by ( Daniel Strauss | ) edition.cnn.com time to read: +14 min

Past debate footage reveals that both generally veer away from personal attacks and prefer loftier rhetoric to digging deeply into specific facts to establish policy credibility. Their past debate opponents said they didn’t always provide direct answers to questions. In both the primary and general election debates, Vance often stuck to policy areas he felt most comfortable with: immigration, the economy and drug control. According to those interviews and evidence from his past debates, Vance, a Yale Law School graduate, seems to enjoy getting into verbal volleys. Tim Walz debates for governor on August 17, 2018, at Grand View Lodge, in Nisswa, Minnesota.

Persons: Kamala Harris, Donald Trump, Tim Walz, Ohio Sen, JD Vance, Walz, Harris, Vance, The Walz, ’, We’re, ”, Rebecca Pearcey, Trump, Tim Ryan, Ryan, I’ve, ” Vance, “, he’s, ” Ryan, —, ” JD Vance, Bret Baier, Martha MacCallum, Andrew Spear, Ohio Republican Michael Gibbons, “ JD, it’s, –, George Floyd, Walz’s, Walz didn’t, Jeff Johnson, ” Walz, Johnson, Allen Quist, Quist, Sen, John McCain’s, Glen, Republican Scott Jensen, Derek Chauvin’s, Daunte Wright, doesn’t, Tim Kaine, Mike Pence, let’s Organizations: CNN, Minnesota Gov, Ohio, Democratic, Trump, Republican National Convention, New York Times, Rep, Ohio Republican, Fox News, Yale Law School, Republican, Minnesota’s, Congressional, Republicans, Minnesota Star Tribune, Getty, National Guard, Pence Democratic Locations: Atlanta, New York, Ohio, Columbus , Ohio, United States, “, Youngstown, Minnesota, Nisswa , Minnesota, Glen Stubbe

☆ The JD Vance and Tim Walz debate is likely the last big night of the 2024 campaign. Here's what to expect.
▼ + stars: | 2024-09-28 | by ( Brent D. Griffiths | John L. Dorman | ) www.businessinsider.com time to read: +11 min

Tim Walz of Minnesota are set to meet for the only scheduled vice-presidential debate on Tuesday, a face-off that could mark the final major moment of the campaign. Harris' national polling has ticked up since what was viewed as her convincing debate victory. This will be the first time either Brennan or O'Donnell have moderated a vice-presidential debate. Born into poverty, Vance attended the flagship school in his home state, Ohio State University, before obtaining a law degree from Yale. Walz has led a progressive rewrite of the state tax code over the objection of business interests in the state.

Persons: Ohio Sen, JD Vance, Tim Walz, Vance, Walz, —, Sen, Kamala Harris, Donald Trump, Harris, he'll, Peter Loge, it's, Joe Biden, Trump, Nate Silver, Margaret Brennan, Norah O'Donnell, Brennan, O'Donnell, Scott Olson, Bradley Tusk, Tusk, whittle, Mike DeWine, Jeff Swensen, deindustrialization, he's, Lina Khan's Organizations: Minnesota Gov, Service, Ohio, Gov, Trump, School of Media, Public Affairs, George Washington University, Ohio Republican, Democratic, CBS Broadcast Center, CBS, Paramount, CBS Evening, Democratic Party, Minnesota National Guard, Army National Guard, Ohio State University, Yale, Federal Trade Commission, Big Tech, Foundation, Social Security, Tax Foundation Locations: Ohio, Minnesota, Vance, New York City, Springfield , Ohio, Iraq

☆ Tim Walz: Heading into the VP debate spotlight, Minnesota governor is fighting nerves
▼ + stars: | 2024-09-28 | by ( Edward-Isaac Dovere | ) edition.cnn.com time to read: +13 min

“He’s a strong person,” said Minnesota Sen. Amy Klobuchar, who’s known Walz since they were each first elected to Washington in 2006. (Though the Transportation secretary is not going as method as Harris’ Trump stand-in did and growing out a beard.) Walz and his team want commonsense indignation to come across, according to several in the know. As they monitor how Vance has been fencing with reporters in Q&As after his many events, Walz aides know their approach risks Walz getting rusty. Vice President Kamala Harris and Walz visit with members of the marching band at Liberty County High School in Hinesville, Georgia, on August 28, 2024.

Persons: Tim Walz, JD Vance, Kamala Harris, Harris, Walz, Donald Trump, Vance, “, ”, Minnesota Sen, Amy Klobuchar, who’s, “ He’s, ” Walz, won’t, Alex Soros, “ That’s, Pete Buttigieg, Harris ’ Trump, Trump, pique, Joe Biden, wouldn’t, Mike Pence, Jeff Swensen, who’ve, that’s Harris, Ana Gallardo, Gallardo, “ I’m, Harris –, he’s, Blue Walz ”, doesn’t, Saul Loeb, Adrian Fontes, “ Tim Walz epitomizes, He’s, ” Fontes, don’t, we’ve, Jimmy McCain, Sen, John McCain’s, Joe Manchin, Manchin, Ed Kelly, Paul, Harris ’, Tim Ryan, ” Ryan Organizations: CNN, Trump, Yale, Minnesota, Ohio, Human, High School, Liberty County High School, Getty, White House, Democratic, Republican, InterContinental, Republican US, West, CBS, Senate Locations: Minnesota, Washington, Manhattan, York, Erie , Pennsylvania, exurban, Bethlehem , Pennsylvania, Hinesville , Georgia, Arizona, Pennsylvania, hustling, West Virginia, St, Georgia, New York

☆ LGBTQ+ adults may have higher risk of poor brain health, study finds
▼ + stars: | 2024-09-25 | by ( Kristen Rogers | ) edition.cnn.com time to read: +7 min

Studying brain health among diverse populationsTo tackle the gap in knowledge, the authors studied participants enrolled in the United States-based All of Us Research Program between May 2017 and June 2022. The authors included only dementia, stroke and late-life depression in their list of brain health outcomes since those are some of the most prominent diseases that affect neurological, psychiatric and cognitive aspects of the brain. Of the 393,041 adults age 51 on average, about 10% belonged to sexual or gender minority groups. Of that subset, 97% identified as a sexual minority and 11% as a gender minority, but these two groups weren’t mutually exclusive. However, the reasons behind this effect remain elusive.”There is no evidence that being a sexual or gender minority alone causes worse brain health, experts said.

Persons: ”, Shufan Huo, Riccardo Manca, wasn’t, Huo, ” Huo, “, Amir Ahuja, Manca, ” Manca, Ahuja, ” Ahuja, won’t Organizations: CNN, Yale University School of Medicine, Brunel University London, Us Research, Los Angeles LGBT Center, Trans Survey Locations: United States

☆ Yale's Natasha Sarin on Trump vs. Harris' tax policies: One is fiscally responsible, the other isn't
▼ + stars: | 2024-09-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailYale's Natasha Sarin on Trump vs. Harris' tax policies: One is fiscally responsible, the other isn'tRohit Kumar, PWC Washington National Tax Services co-leader, and Natasha Sarin, Yale Law School and Yale School of Management professor, join 'Squawk Box' to discuss the economic agendas of former President Trump and Vice President Harris, comparing both candidates' tax proposals, and more.

Persons: Natasha, Harris, Rohit Kumar, PWC, Natasha Sarin, Trump Organizations: Trump, PWC Washington National Tax Services, Yale Law School, Yale School of Management Locations: PWC Washington

☆ A 'gender promotion gap' fuels wealth inequality between men and women, Yale professor says
▼ + stars: | 2024-09-25 | by ( Jessica Dickler | ) www.cnbc.com time to read: +1 min

PeopleImagesProgress toward narrowing the gender pay gap has mostly stalled, in part due to something researchers call the "gender promotion gap." Women are about 13% less likely to be promoted than men, according to Shue's research. That imbalance is a major driver in the persistent income inequality between men and women, she said. About 70% of the gender wage gap is due to women occupying different positions compared to men, according to Shue. But even when men and women occupy the same position, women are paid less, she added.

Persons: Kelly Shue, Shue, Lean Organizations: Yale School of Management, CNBC's, Census, National Women's Law, Lean, McKinsey Locations: America

AssumptionAn assumable mortgage will let a borrower transfer the mortgage to someone else even if they haven't fully paid it off. Assumable mortgagesIf you have an adjustable-rate mortgage or a government-backed mortgage (including FHA, VA, and USDA mortgages), you might have an assumable mortgage. Finally, if you want to transfer a property into a trust, a mortgage transfer may be able to help, too. Mortgage transfer processIf you think a mortgage transfer is the right move for your needs, follow this step-by-step process. If the lender doesn't approve a mortgage transfer, you will need to explore other options, such as refinancing your mortgage or selling your house.

Persons: You'll, Molly Grace, Molly, Read, Aly J, Yale Aly J, Aly, She’s Organizations: Chevron, Business, Rocket Companies, Indiana University, Yale, Finance, Dallas Morning News, CBS, Forbes, Fortune, Money, Newsweek, US, Wall Street Journal, Yahoo Finance, Mortgage, National Association of Real, Insurance, Texas Christian University Locations: Chevron, Michigan

☆ ‘Greed, greed, greed’: Sanders demands Ozempic maker lower prices
▼ + stars: | 2024-09-24 | by ( Meg Tirrell | Tami Luhby | ) edition.cnn.com time to read: +7 min

“We are very committed to making sure that Americans have access at an affordable price point for our medicines,” Jorgensen replied. Similarly, Wegovy’s list price is $1,349 in the US, but it costs $186 in Denmark, $140 in Germany and $92 in the United Kingdom, he said. Tuesday’s hearing boiled down to a familiar argument over who is responsible for the US’s higher prices: drug companies that set starting – or “list” – prices or pharmacy benefit managers, the middlemen that negotiate discounts on those list prices in exchange for favorable insurance coverage and access. Jorgensen said Novo Nordisk pays back about 75% of its medicine sales in rebates, discounts and fees, so the net price it receives is far lower than the list price. “The broad totality is that less patients have access to our medicines when we lowered the price,” Jorgensen told Sen. Maggie Hassan, D-New Hampshire, after she pressed him to reduce list prices.

Persons: Sen, Bernie Sanders, ” Sanders, Lars Fruergaard Jorgensen, ” Jorgensen, “, Sanders, Jorgensen, it’s, Maggie Hassan, drugmakers, ”, PBMs, scot, ” Sen, Tim Kaine, Roger Marshall, Eli Lilly, Dr, Sanjay Gupta, Tammy Baldwin Organizations: CNN, Nordisk’s, US, Health, Education, Labor, Pensions, Yale, Novo Nordisk’s Ozempic, Novo Nordisk, Pharmaceutical Care Management Association, Nordisk, Novo Nordisk’s, Federal Trade Commission, CVS, Cigna’s, Republican, Wegovy’s, CNN Health, Medicare, Services Locations: United States, Danish, America, Canada, Denmark, Germany, United Kingdom, New Hampshire, Big, Virginia, Kansas, Novo, Wisconsin

☆ Over 400 economists and ex-officials endorse Kamala Harris
▼ + stars: | 2024-09-24 | by ( Matt Egan | ) edition.cnn.com time to read: +5 min

New York CNN —More than 400 economists and former high-ranking US policymakers are endorsing Vice President Kamala Harris and her vision for the American economy, according to a document announcing the endorsement seen by CNN. “The choice in this election is clear: between failed trickle-down economic policies that benefit the few and economic policies that provide opportunity for all,” the endorsement document reads. Harris plans to roll out new policies on what she calls the “opportunity economy” during a speech in Pennsylvania, another key battleground state, on Wednesday. Several notable economists threw their weight behind Harris, including University of Michigan economist Justin Wolfers and Claudia Goldin, who won the Nobel Prize last year for tracking women’s labor participation and the evolving wage gap. The endorsement argued that Harris has a “proven track record of economic leadership,” crediting her with efforts as vice president to lower costs, cut taxes and raise wages.

Persons: Kamala Harris, Harris, Donald Trump’s, Brian Deese, Obama, Jason Furman, Bill Daley, Penny Pritzker, Clinton, Robert Reich, Alan Blinder, Donald Trump, ”, Trump, Sean O’Keefe, George W, Justin Wolfers, Claudia Goldin, Marty Walsh, Deval Patrick, Larry Summers, Robert Rubin, Mark Cuban, James Murdoch, he’s, Bill Ackman, Peter Thiel, Tesla, Elon Musk, ” Harris, Jamie Dimon, Dimon, Jeffrey Sonnenfeld, Sonnenfeld Organizations: New, New York CNN, CNN, Federal Reserve, Management, NASA, University of Michigan, House, Labor, Massachusetts Gov, Democratic, JPMorgan Chase, JPMorgan, Wall Street, Trump, Yale, That’s Locations: New York, Georgia, Pennsylvania, United States, America, Dimon

☆ CNN's Alisyn Camerota announces death of husband 2 years after pancreatic cancer diagnosis
▼ + stars: | 2024-09-21 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Mirna-Alsharif-Byline-Jm.Jpg | Mirna Alsharif | ) www.nbcnews.com time to read: +1 min

CNN's Alisyn Camerota announced that her husband, Tim Lewis, died in July, two years after he was diagnosed with stage 4 pancreatic cancer. Camerota, former co-anchor of CNN's "New Day," "CNN Newsroom," and current political commentator, posted an Instagram post on Friday sharing the news. "I cannot imagine any human being soldiering through a devastating diagnosis with more humor, humility and bravery than Tim," Camerota wrote. Camerota and Lewis share three children together, twin daughters Ale and Cessa, and son Nate, according to his obituary. "I plan to write more in the coming days and to be back at work in the next few weeks," Camerota wrote.

Persons: CNN's Alisyn Camerota, Tim Lewis, Camerota, Tim, Lewis, Nate Organizations: CNN, Yale University Locations: Kansas City , Missouri

☆ Christopher Reeve's 3 kids are celebrating their father in a new documentary. Here's everything you need to know about them.
▼ + stars: | 2024-09-21 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +6 min

Christopher Reeve with wife Dana in 1998. AdvertisementMatthew Reeve, 44Christopher Reeve and Matthew Reeve in 2002. He made the documentary "Christopher Reeve: Hope in Motion," which was nominated for an Emmy and was released on the BBC a year after he graduated from Brown. Alexandra Reeve Givens, 40Dana, Christopher, and Alexandra Reeve in 1997. AdvertisementWill Reeve, 32(L-R) Will, Dana, and Christopher Reeve with family friend Robin Williams.

Persons: —, Christopher Reeve, Reeve, — Matthew, Alexandra, Will —, Dana, Ron Galella, Matthew Reeve, Getty Matthew, Gae Exton, Jane Seymour, Seymour, Matthew, Exton, Hope, kiteboarder Aaron Hadlow, Christopher, Dana Reeve, Alexandra Reeve Givens, Alexandra Reeve, Moore, Committee's, She's, Will Reeve, Will, Robin Williams, Evan Agostini, David Muir, James Gunn's Organizations: Service, Business, Entertainment, Brown University, BBC, Brown, Dana Reeve Foundation, Getty, Yale, Columbia University, Columbia, Institute for Technology Law, Georgetown Law, Center for Democracy & Technology, Middlebury College, MSG Network, ESPN, ABC News, Variety, TMZ Locations: London, Exton, Cravath, New York City

☆ What happened to 23andMe?
▼ + stars: | 2024-09-20 | by ( Allison Morrow | ) edition.cnn.com time to read: +5 min

Takes the company public. 23andMe went public in 2021, jumping on the SPAC trend of the era, when a bunch of companies went public via “special purpose acquisition companies” — essentially shell-company mergers that let firms go public in a hurry when investor appetite is strong. 23andMe co-founder and CEO Anne Wojcicki, pictured in 2020. Side note: I did my own 23andMe test, in 2019, motivated by a millennial compulsion to spend money on any product that promises to alleviate and/or deepen my corporeal angst. 23andMe has tried to convert one-time buyers into subscribers with the promise of continued feedback and personalized wellness plans.

Persons: CNN Business ’, it’d, Anne Wojcicki, ”, It’s, Susan Wojcicki, 23andMe, Emma McIntyre, Oprah’s, there’s …, Wojcicki, “ Organizations: CNN Business, New York CNN, Yale, Google, Wall Street, Wall Street Journal Locations: New York, Bay

In the U.S. overall this year, a concerning, though not unprecedented, number of dengue, EEE and West Nile cases have been reported. “With climate change, we’re basically extending the mosquito season,” said Chantal Vogels, an assistant professor of epidemiology at the Yale School of Public Health. In the U.S., cases have outpaced those of West Nile virus, which is typically more prevalent. This year, Clark County, Nevada, has seen a particularly high number of West Nile cases: 23. “We consider New York state residents to be at risk for West Nile virus every summer,” she said.

Persons: Jennifer White, it’s, ”, ” Barbara Ferrer, Anthony Fauci, Chantal Vogels, Nirbhay Kumar, George Washington, “, Vogels, Nile, White, Thomas Jaenisch, ” White Organizations: Angeles County Department of Public Health, U.S, National Institute of Allergy, Yale School of Public Health, U.S ., Centers for Disease Control, George Washington University’s Milken Institute School of Public Health, World Health Organization, WHO, Southern, Southern Nevada Health, New York State Department of Health, Colorado School of Public Health, Gulf Locations: New York, U.S, California, Los Angeles County, EEE, West, New Hampshire, Vermont, Arizona , California, Florida, Hawaii, Texas, Puerto Rico, U.S . Virgin Islands, Los Angeles, West Nile, Clark County , Nevada, Southern Nevada, Massachusetts, New Jersey, Rhode Island , Vermont, Wisconsin, Gulf Coast

Trump is “immensely happy with JD’s performance,” said a person who speaks with Trump and is familiar with his thinking. “I didn’t discuss it with JD, in all fairness,” Trump said when pressed on the issue during his debate last week with Vice President Kamala Harris. “I know from experience, nobody speaks for Donald J. Trump except for Donald J. Trump, right?”“Vice President Pence viewed his role as a translator for President Trump to traditional Republican audiences,” a Trump ally said. 2Short also believes the relationship between Vance and Trump is different than the one Pence and Trump had prior to their falling out. “He loves that he has a smart person with balls who doesn’t only do Fox,” a person close to the campaign said.

Persons: Sen, JD Vance, Donald Trump’s, “, Trump, ” Vance, Vance weren’t, Vance, ”, Vance “, Garrett Ventry, Elise Stefanik, ” Trump, Mike Pence, Pence, Trump’s mildest, Kamala Harris, Marc Short, ‘ JD, ’ ” Vance, Dana Bash, “ He’s, Kari Lake, Marjorie Taylor Greene, podcaster Shawn Ryan, Joe Biden’s, Barack Obama, Brian Hughes, ” Hughes, Harris, Biden, recapping, obsequious Trump, —, Donald J, ” “, ” Trump’s, Mike, I’m, he’s, septuagenarian Trump, brags, Vince Lombardi —, JD, “ ‘ Lombardi, ’ Organizations: NBC News, Republican, Trump, U.S, Capitol, Press, CNBC, Arizona GOP, JD, NATO, Yale Law School, Green Bay Packers Locations: ‘, Springfield , Ohio, Raleigh , North Carolina, Springfield, “ State, Kari, Ukraine, Russia, America, Raleigh, Ohio

☆ DryMerge aims to link your apps in one place. Here's the 8-page pitch deck its Gen Z founders used to raise $2.2 million.
▼ + stars: | 2024-09-19 | by ( Shriya Bhattacharya | ) www.businessinsider.com time to read: +4 min

Edward Frazer and Sam Brashears have built software together since fourth grade, and that's exactly what they'll start with if you're a venture capitalist listening to their pitch for funding. The two 22-year-old cofounders and longtime friends started developing the API integration software known as DryMerge last year. "Sam and I have spent more time with each other than anyone else except probably our families, so we're just really, really good friends." When evaluating team risk, VCs also look for whether the co-founders can build the product the way they envision it. Here's the eight-page pitch deck that Frazer and Brashears used to secure their $2.2 million seed round for DryMerge.

Persons: Edward Frazer, Sam Brashears, Frazer, Slack, DryMerge, Sam, Brashears, VCs, they've Organizations: Service, Business, Garage Capital, Goodwater, Ritual, Yale University, University of Wisconsin Locations: Madison

☆ Rate cuts are a double edged sword for Kamala Harris
▼ + stars: | 2024-09-19 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +6 min

As former President Donald Trump insists that the rate cut was fueled by partisan politics, Harris has to thread the needle with her rhetoric, experts told Business Insider. Celebrate the rate cut and she risks fueling Trump's narrative; ignore the rate cut and she doesn't get to claim a desperately needed economic victory. "This is a double edged one for Harris," Mark Blyth, a political economist at Brown University, said. Advertisement"On the other hand, Vice President Harris is running to be president of the same economy that the Federal Reserve is managing," Tedeschi told Business Insider. But Blyth remains skeptical that the rate cut will have a lasting impact in an election that's been defined by volatility.

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