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The middle class is more of a club than an income bracketThe ranks of middle-income earners have been shrinking, according to the Pew Research Center. A solid chunk of millionaires consider themselves middle class, despite accounting for just over 12% of American families. And there's good reasons," Lawrence R. Samuel, the author of the book "The American Middle Class: A Cultural History," told Business Insider. "Being middle class is almost like classless. Clinging to at least the mirage of the middle class might be important to upholding more core American ideals.
Persons: , they're, Claire Tassin, Tassin, they'd, ALICE, Amanda, She's, there's, Rakesh Kochhar, That's, Kochhar, Lawrence R, Samuel, we're Organizations: Service, Business, Pew Research, Pew Research Center Locations: America, Texas
I feel so fulfilled by my life in Finland. I was introduced to cross-country skiing when I moved to Finland five years ago, and now it is one my favorite hobbies." Finland is the first place I lived after college and the first place my husband and I lived together. You can follow her journey and life in Finland on Instagram or TikTok. Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.
Persons: Jade Ventoniemi, I've, Ventoniemi, Jade Organizations: Southern, NCAA, CNBC Locations: Finland, U.S, Florida, States, Lapland, Kuusamo, Southern USA, American, Lahti
Read previewCassie Ventura's husband, Alex Fine, called out "men who hit women" after a video appeared to show Sean "Diddy" Combs physically assaulting her at a hotel in March 2016. This story is available exclusively to Business Insider subscribers. The footage appears to match a physical assault incident Ventura described in her November 2023 lawsuit against Combs. Men who enable it and protect those people aren't men," Fine wrote. Representatives for Fine did not immediately respond to Business a request for comment from Business Insider.
Persons: , Cassie, Alex Fine, Sean, Diddy, Combs, Fine, Ventura, shouldn't, Cassie Ventura, Paul Morigi, Lucas Jackson, Hulu Organizations: Service, CNN, InterContinental Hotel, Business, Combs ., Fine, Representatives, REUTERS, The New York Times, of Homeland Security, Bad Boy Records, Black Locations: Ventura, Los Angeles, Miami
Why Americans might be getting worried about the job marketIn some ways, Americans' growing pessimism in the job market is perplexing. That's because the job market has become more challenging than it was a couple of years ago, when the Great Resignation was at its peak. So, it's possible that some Americans in certain industries are facing a job market where openings are far from abundant. For example, there's some evidence that the job market for high-wage roles has cooled over the past year. Julia Pollak, the chief economist at ZipRecruiter, told Business Insider earlier this month after April's labor market figures were released by the Bureau of Labor Statistics that it is "no longer a white-hot labor market" or a job "candidate's market in every industry where workers can get whatever they want."
Persons: , they'd, hasn't, What's, Joanne Hsu, Julia Pollak Organizations: Service, York Fed's Survey, Consumer, Business, NY, of Labor Statistics, Bureau of Labor Statistics, New, Fed, LinkedIn, NY Fed, University of, Labor Locations: York
Much of it ends up at a plant operated by the Warsan Waste Management Company. “Around 45% percent of Dubai’s total waste comes to this facility,” says Tim Clarke, the company’s CEO. Operational since March of this year, the Warsan plant will use 2 million metric tons of trash annually to produce electricity, enough to power approximately 135,000 homes, according to the company. However, since the plant produces power, replacing the burning of fossil fuels, Warsan Waste Management believes the overall result is positive. But some environmental groups, such as Zero Waste Europe, argue that burning waste to generate electricity discourages efforts to cut waste and initiatives to increase recycling.
Persons: , Tim Clarke, Clarke, , Bryan Staley, Staley Organizations: Dubai CNN, CNN, Warsan Waste Management Company, , United Nations Environment, Waste Management, Energy, Research, Education Foundation Locations: Dubai, Europe, Japan, China, UAE
The class of 2024 is facing a tough job market. Hiring has slowed across the U.S., and entry-level jobs are getting more competitive in the wake of white-collar layoffs. Tai Walker, a senior at William Paterson University in Wayne, New Jersey, started her job search in March 2024 and has submitted over 100 applications. Walker says she's researching artificial intelligence and other tech boot camps to broaden her skill set and increase her job prospects. Even though some entry-level jobs have gotten harder to land, industries experiencing staffing shortages like education and construction are still hiring new college grads.
Persons: Tai Walker, Walker, who's, She's, Harry Holzer, Kory Kantenga, Kantenga, , you've Organizations: William Paterson University, CNBC, Georgetown University, Labor Department, Employers, National Association of Colleges, LinkedIn, Education, Financial, Investment, Tech, Health, Kantenga Locations: U.S, Wayne , New Jersey, Americas
Khan Academy CEO on AI's impact on education
  + stars: | 2024-05-17 | 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 EmailKhan Academy CEO on AI's impact on educationKhan Academy CEO Sal Khan joins CNBC's 'Squawk Box' to discuss his new book, "Brave New Words: How AI Will Revolutionize Education (And Why That's a Good Thing)," AI's impact on education, and more.
Persons: Sal Khan Organizations: Khan
I live in Singapore and lecture in the creative writing and publishing graduate program at Nanyang Technological University, but have also taught at the high school, undergraduate, and community college levels. In 2007, my now-ex-wife (a Singaporean citizen) and I decided to move to Singapore from the US. For the most part, I enjoyed my classes, as well as my extra-curriculars, which in high school consisted of marching band, French club, and physics club. It's possible that, in the 30 years since graduating from high school, my memories have become rose-colored, but I do remember feeling like I had a good balance between my school life and my personal life. The author gets concerned about the amount of pressure put on his daughter by teachers.
Persons: Jason Erik Lundberg Organizations: Service, Nanyang Technological University, Business, Straits Times, Ministry of Education Locations: Singapore, Oklahoma, North Carolina
Wine touring in the Old WorldFrance Of France's 11 wine regions, Bordeaux, Burgundy (or Bourgogne) and Champagne are the most eminent. The United States California is renowned for wine tasting, though almost every state in the continental U.S. has a wine region or wine tourism area. Visitors can drive between vineyards, bike the Napa Valley Wine Trail, or book a ride on the vintage Napa Valley Wine Train. Barossa is one of the older wine regions in Australia, with some 200 cellar doors within two hours of Adelaide. South Africa South Africa may be considered a new world wine region, but Constantia, a top destination for wine tasting, is centuries old.
Persons: meunier, Chateau Angelus, Viniv Bordeaux, Georges Gobet, Montagne, Kim Kulish, Margaret River, Wine, Joey Estate, River, Groot Organizations: Michelin, Viniv, Afp, Getty, UNESCO, Heritage, Montagne de Reims, Travelers, United, Wine, Sonoma, Australia Wine, Bloomberg Locations: Europe, United States, Australia, South Africa, Bordeaux, Burgundy, Bourgogne, Vin, Chateau, Saint Emilion, France, Champagne, Italy Tuscany, Italy, Tuscany, Chianti, Greve, Alba, Piedmont, United States California, Napa Valley, Napa, Texas, Washington , Oregon, Virginia, New York, Yarra, Victoria, Barossa, Adelaide, Perth, Yarra Valley, Melbourne, South Africa South Africa, Constantia, Groot Constantia, South, Cape Town
CNN —At Princeton High School, students are trying to combat the rapid decline of indigenous languages with some unlikely help: a furry, wide-eyed stuffed animal named Che’w. He’s a wildly intelligent generative AI robot that speaks Mam, a Mayan language spoken in the western highlands of Guatemala and Mexico and by a small population of the school’s students. At a time when some high schools are restricting the use of AI in the classroom, others, like Princeton High School, are leaning into it. Courtesy SamsungBeyond generative AISome high schools around the country are trying to teach students how to use other forms of artificial intelligence for a greater good. “It doesn’t lose patience or get sick of talking to them,” said Mark Eastburn, Princeton High School’s science, research and engineering teacher.
Persons: Che’w, Joy Barnes, Johnson, , ChatGPT, Ed ”, Noel Candelaria, ” Candelaria, Tylo Chacon, Chacon, “ We’ve, It’s, , Mark Eastburn, “ It’s, , Eastburn, they’re Organizations: CNN —, Princeton High School, UNESCO, PHS, , STEM School Highlands, Samsung, Los Angeles Unified School District, Seattle Public Schools, National Education Association, CNN, NEA, Stuyvesant High School, University of Colorado, Princeton Locations: Guatemala, Mexico, Colorado, New York City, Washington ,, Boulder, Mam
Just over 65% of recent college graduates — workers ages 21 to 24 — are employed and not enrolled in further education as of March 2024, according to a recent study by the Economic Policy Institute. But not all young graduates are thriving. EPI found 1 in 10 young graduates were "idling" as of March 2024, meaning they were neither employed nor going back to school. It's normal for recent college graduates to take time to figure out their next steps or look for work. EPI cited Schwandt's research on recession labor markets and their long-term impacts in its study.
Persons: EPI, Hannes Schwandt Organizations: Economic, Institute, Workers, Northwestern University, CNBC
The Academic Senate at the University of California, Los Angeles, voted against two resolutions seeking to rebuke the school’s chancellor, Gene Block, largely over his handling of an attack on a pro-Palestinian encampment two weeks ago. The results of the votes, conducted after a three-hour meeting on Thursday, were released on Friday and showed that only 43 percent of voting members had backed a no-confidence motion. A motion to censure Dr. Block was evenly split, 88 for and 88 against, failing to achieve a simple majority of support. “It is clear that we are not united in how we view the major events of the past weeks and the campus response to them,” Andrea M. Kasko, the Senate chair, said in a statement. “I hope that we can try to find common ground as colleagues, and have the courage to listen with open minds and open hearts even when we do not agree.”Formal rebukes by faculty were unlikely to have practical implications for Dr. Block, 75, who is set to step down as chancellor in July, said William G. Tierney, a professor emeritus of higher education at the University of Southern California who has written about the response to campus protests across the nation.
Persons: Gene Block, Block, ” Andrea M, William G, Tierney Organizations: Senate, University of California, University of Southern Locations: Los Angeles, University of Southern California
Appearing last week on “Morning Joe,” Hillary Clinton lamented what she views as the ignorance of students protesting the war in Gaza. The host, Joe Scarborough, asked her about “the sort of radicalism that has mainstream students getting propaganda, whether it’s from their professors or from the Chinese Communist government through TikTok.” Ms. Clinton was happy to oblige. “I have had many conversations, as you have had, with a lot of young people over the last many months,” she said. I’ve also seen and heard the assumptions made about them by some of their elders — administrators, parents and others. In the current panic, the protesters are described as somehow both terribly fragile and such a threat to public safety that they need to be confronted by police officers in riot gear.
Persons: ” Hillary Clinton, Joe Scarborough, Ms, Clinton, , , ” I’ve, I’ve, it’s, Ken Griffin, Bill Ackman, Donald Trump —, , whiny ”, Mike Lawler, Mr, Lawler, Kaz Daughtry, Rousseau Organizations: Communist, New York, Republican, Columbia University, Columbia, Oxford University Locations: Gaza, TikTok, New, New York, U.S
They claim AI stole their voices. Now they’re suing
  + stars: | 2024-05-17 | by ( Clare Duffy | ) edition.cnn.com   time to read: +3 min
Now, Lehrman, along with fellow voice actor Linnea Sage, is suing AI firm Lovo for allegedly commissioning them for voice projects under false pretenses in order to create and sell AI-generated versions of their voices. The Berkeley, California based tech company advertises AI-generated voice technology to be used in marketing, education and product demos. Then in June 2023, Lehrman claims he heard his voice being used on a podcast about the dangers of AI technologies. Sage says she later also discovered her voice in a YouTube video: a recording of a Lovo investor presentation demonstrating its technology. They are voices stolen by LOVO and marketed by LOVO under false pretenses,” the complaint states.
Persons: Paul Lehrman, Linnea Sage, Lovo, Sage, ” Lovo, Lehrman, he’d, LOVO Organizations: New, New York CNN —, Court, New York Times Locations: New York, Berkeley, California, Southern
New York City once sold a promise of free prekindergarten for all as an unusual benefit designed to make it far easier to raise children in this expensive city. So as families worried over whether their 3-year-olds would have spots this fall, Mayor Eric Adams pledged last month that everyone would have “access” to a seat. Every 4-year-old in New York is guaranteed a free preschool seat, and 3-year-olds were next in line for a universal program. On Thursday, about 2,500 children did not receive a prekindergarten offer, leaving their parents in limbo. Many are still on huge waiting lists and scrambling to rethink their finances and future in the city.
Persons: Eric Adams, Adams Organizations: Education Department Locations: York City, New York
I understand why parents are unhappy with the proliferation of computers in school, as my Opinion colleague Jessica Grose documented in a recent series of newsletters. For example, imagine teaching ratios by showing a Yankees fan how to update Aaron Judge’s batting average. can also give teachers and parents the detailed information they need to help their young charges more effectively. As I wrote last month, there’s a risk that A.I. will substitute for human labor and eventually render us all superfluous.
Persons: Jessica Grose, , “ we’ve, Aaron Judge’s
Santo Domingo, Dominican Republic CNN —The Dominican Republic is days away from a general election that will see voters elect new lawmakers and the president as they weigh the nation’s economy and security. During his first term from 2020 to 2024, the Dominican Republic established a new record in the tourism industry, with more than 10 million tourists visiting the island in 2023. Former President of the Dominican Republic and presidential candidate of the People's Force party Leonel Fernandez greets supporters as he attends a closing campaign rally ahead of Sunday's election, in Santo Domingo, Dominican Republic, May 15, 2024. Martinez poses during an interview with EFE, in Santo Domingo, Dominican Republic, 13 May 2024. People wait in Ouanaminthe, Haiti to cross into Dajabon, Dominican Republic, Friday, May 17, 2024.
Persons: Santo Domingo, Dominican Republic CNN —, Luis Abinader, “ Abinader, , Bernardo Vega, Vega, National District Guillermo Moreno, Orlando Barria, Rosario Espinal, Abinader, Critics, Leonel Fernández, Fernandez, Leonel Fernandez, Henry Romero, , Abel Martínez, Martinez, EFE, Pablo Flores, Flores, Matias Delacroix, Ney Segura Organizations: Dominican Republic CNN, Caribbean nation’s, Modern Revolutionary Party, National Police, Bank, National District, Dominican Liberation Party, Dominican, People's Force, Reuters, Force, People, Quarterly, United Nations, Santo, country’s National, US State Department, World Bank Locations: Dominican Republic, Dominican, Santo Domingo, Haiti, Port, Santiago, Caribbean, Ouanaminthe, Dajabon
President Biden is spending much of his time this week speaking directly to Black voters, a constituency that carried him to the White House in 2020 and whose voters are now threatening to withhold their support as Mr. Biden’s final presidential campaign unfolds. Mr. Biden’s most high-profile event this week is still to come. On Sunday, he will deliver a commencement speech at Morehouse College, a prestigious, historically Black institution. He was speaking to a crowd at the National Museum of African American History and Culture celebrating the 70th anniversary of Brown v. Board of Education, a landmark civil rights ruling that outlawed racially segregated schools. Not even the venue choice seemed like a complete coincidence: As a senator, Mr. Biden was one of the original co-sponsors of legislation establishing the museum, and he attended its opening as vice president in 2016.
Persons: Biden, Biden’s, Joe Biden, I’m, , Brown Organizations: White House, Morehouse College, National Museum of, of Education
CNN —The ultraprocessed foods your kids eat now may be putting them a greater risk for cardiometabolic problems – like heart attack, stroke and diabetes – in adulthood, a new study suggests. Researchers divided the data from the children into three groups based on the amount of ultraprocessed food they ate. “This particular topic, ultraprocessed food consumptions and risk, is a very important topic in kids,” he said. The ultraprocessed foods kids eat now may have lasting impacts, a new study suggests. In places where fresh food might be harder to obtain, ultraprocessed foods are more accessible and inexpensive, Freeman said.
Persons: , Stuart Berger, Andrew Freeman, Berger, Robert H, Lurie, Brendan Smialowski, ” Freeman, , Freeman, there’s Organizations: CNN, American Academy of Pediatrics, Food and Agriculture Organization, United Nations, Jewish Health, Ann, Lurie Children’s Hospital, Getty, BMI Locations: Spain, Denver, Chicago, AFP
Whitaker would go on to earn the nickname “Snakeman of India,” and spend more than six decades dedicated to reptile research and conservation. His field work with snakes and crocodiles ultimately led his conservation efforts to help save India’s rainforests. We tell people when they’re working in the field, when they’re doing agriculture, use a stick. Romulus Whitaker teaches the next generation about reptiles at his conservation organization, Agumbe Rainforest Research Station, in southern India. And it’s wonderful to realize that dozens, if not hundreds, of young people have continued to do wonderful work with reptiles.
Persons: Romulus Whitaker, , Whitaker, Doris Norden Whitaker, Rama Chattopadhyay, Bill Haast, Heyward Clamp Whitaker, I’ve, cobras, we’ve, Arun Sankar, there’s, Cedric Bregnard, You’re Organizations: CNN, Miami Serpentarium, Miami, cobras, Cooperative, Getty Images CNN, Global Health Research, University of Toronto, Research, Cedric Bregnard CNN Locations: America, India, cobras, Mysore, Hoosick , New York, New York, Bombay, Western Ghats, Madras, South India, An, Chennai
London CNN —The chorus of voices warning about the dangers of record US government debt is growing louder. In the past 24 hours, JPMorgan (JPM) CEO Jamie Dimon and Ray Dalio, founder of the world’s biggest hedge fund, have weighed in with concerns about America’s debt pile. Ray Dalio, the billionaire founder of Bridgewater Associates, during a Bloomberg Television interview in New York in April 2024. Dimon acknowledged that debt-fueled government spending, including pandemic stimulus, had been one of the reasons behind robust growth in the world’s biggest economy. Debt servicing costs have also soared, on the back of higher official interest rates, leaving less money for public services.
Persons: Jamie Dimon, Ray Dalio, Dimon, you’ll, Dalio, I’m, , Victor J, we’ve, ” Dimon, Liz Truss Organizations: London CNN, JPMorgan, Sky News, Treasury, Financial Times, International Monetary Fund, Congressional, Office, Bridgewater Associates, Bloomberg Television, Bloomberg, Getty, Treasury Department, IMF, US, Federal Locations: Russia, New York, America, Covid, United, United Kingdom
Meanwhile, 45% of organizations encountered unintended data exposure when implementing AI solutions, according to AvePoint's 2024 AI and Information Management Report. "It's often what we call dark data," Simberkoff said. So how do leaders improve data permissions and protections in light of or, ideally, before AI implementation? "It's making your end users aware of the information you're responsible for. "When you're using AI, it's really important to make sure that you're checking it and that you're using it for its purpose."
Persons: Dana Simberkoff, Simberkoff, Arvind Jain, Jain, Jason Hardy, Hardy, it's, they're Organizations: Microsoft, CNBC, Hitachi Vantara
Blum turned to programs mostly in states where abortion access — and, by extension, abortion training — is likely to remain protected, like California, Colorado, and New Mexico. The AAMC analysis found the number of applicants to OB-GYN residency programs in abortion ban states dropped by 6.7%, compared with a 0.4% increase in states where abortion remains legal. For internal medicine, the drop observed in abortion ban states was over five times as much as in states where abortion is legal. The AAMC analysis notes that even in states with abortion bans, residency programs are filling their positions — mostly because there are more graduating medical students in the U.S. and abroad than there are residency slots. Stulberg and others worry that this self-selection away from states with abortion restrictions will exacerbate the shortages of physicians in rural and underserved areas.
Persons: — Isabella Rosario Blum, Blum, , , , Atul Grover, ” Jack Resneck Jr, Wade, Resneck, Beverly Gray, Gray, Duke, Rohini Kousalya Siva, Kousalya Siva, “ We’re, Debra Stulberg, Stulberg, Hannah Light, Olson, Dr, Sanjay Gupta Organizations: Health, , Association of American Medical Colleges, KFF Health, OB, Research, Action Institute, American Medical Association, Duke University School of Medicine, MedStar Washington Hospital Center, Washington , D.C, D.C, American Medical Student Association, Department of Family Medicine, University of Chicago, University of California, CNN, CNN Health, Residents, KFF Locations: Arizona, California , Colorado, New Mexico . Arizona, Seattle, Midwest, U.S, North Carolina, Washington ,, Maryland , New Hampshire , New York, Washington, Virginia, Tennessee, San Francisco, California, New York
As investors navigate the Federal Reserve's higher-for-longer interest rate policy — and eventual rate cuts down the road — they should make sure they have their fixed-income portfolio positioned properly, according to Wells Fargo. The Fed last raised rates in July 2023, bringing the fed funds rate to a range of 5.25% to 5.5%. But investors were buoyed by news Wednesday that the consumer price index showed inflation eased slightly in April. Right now, Wells Fargo anticipates two rate cuts this year and just one in 2025, bringing the Fed's target rate to a range of 4.5% to 4.75% by the end of next year, said Scott Wren, senior global market strategist at Wells Fargo Investment Institute. Investors can get exposure to intermediate-term bonds through mutual funds or exchange-traded funds.
Persons: Jerome Powell, Wells, Scott Wren, Wren Organizations: Federal, Wells, Wells Fargo Investment Institute Locations: Wells Fargo
"I'll try to time it so I can feed her, put her down in the play desk area, and do some work that doesn't involve calls." The work and play desk is a sort of cubicle designed for parents and children. AdvertisementMaegan Moore uses the play desk at Worplayce Courtesy of Maegan MooreMoore doesn't use the desk for long stretches of time — about an hour or two is her current limit. That setup more accurately matches the lives of many modern working parents, Crystal said. Decoupling work and kids from these arbitrary 9-to-5 work days or 9-to-3 day care days is the first step to making a life that works for you," she said.
Persons: , Maegan Moore, Eleanor, it's, Moore, Maegan Moore Moore, That's, Bethany Crystal, Crystal, she's, I've Organizations: Service, mothering, Business, Montessori Locations: New York, Virginia, Sydney, Manhattan
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