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CNN —A truism of American politics is that older voters prefer the Republican and younger voters prefer the Democrat. In 2012, Republican Mitt Romney lost the election, but he did better than Democrat Barack Obama among voters 45 and older. Older voters are gravitating to Biden, and younger voters are taking a look at Trump. But older voters have gone in the opposite direction, and instead of favoring Trump, are nearly split in the Marist poll. Despite the shift of older voters in the direction of Biden (and younger voters away from him), I was surprised to see older voters still have reservations about Biden’s age.
Persons: Democrat Joe Biden, Republican Donald Trump, , Trump, Hillary Clinton, Clinton, Republican Mitt Romney, Barack Obama, haven’t, George H.W, Bush, Michael Dukakis, Al Gore, Republican George W, gravitating, Biden, “ Joe isn’t, , Jill Biden, CNN’s Jeff Zeleny, Eric Bradner, Bradner, Linda Van, , I’d, Ronald Brownstein Organizations: CNN, Democrat, Republican, Electoral, Voters, Trump, Marist, Quinnipiac University, New York Times, Siena College Locations: Pennsylvania, Wisconsin, Michigan,
“They’re both promising not to tackle the debt,” Ryan said, coming back to the issue that has animated his political career. Trump wants to extend all of the tax cuts, which could further explode the debt without corresponding spending cuts. When Trump and Republicans enacted the current tax structure, they made individual tax cuts temporary and most of the corporate tax cuts permanent. Biden has proposed additional taxes on those making more than $400,000 to address Medicare’s solvency, among other ideas, but does not have a detailed Social Security plan. The dirty little secret in all of this is, Medicare and Social Security are going insolvent on their own.
Persons: Donald Trump, Paul Ryan, he’ll, Trump, , Ryan, Republican –, , ” Ryan, Sen, Mitt Romney, “ They’re, Joe Biden, Biden, Barack Obama, CNN’s Tami Luhby, What’s, won’t, Alan Greenspan, Obama, Republican Sen, Alan Simpson, Erskine Bowles Organizations: CNN, Trump, Republican, Fox News, Social Security, Democrats, Affordable, Biden, Republicans, Democratic, American, Treasury, Medicare, Fox, Federal, White House, National Commission Locations: Wisconsin, Trump, Luhby
Director of the National Economic Council Lael Brainard speaks at the White House in Washington, D.C., on Jan. 11, 2024. President Joe Biden's top economic advisor on Thursday unveiled plans to address trillions of dollars in expiring tax breaks enacted by former President Donald Trump. Some expiring individual provisions include lower federal income tax brackets, a higher standard deduction, a more generous child tax credit and doubled estate and gift tax exemption, among others. Expiring TCJA provisions could affect all Americans, but Brainard reaffirmed Biden's pledge to extend tax breaks only for those making less than $400,000. By comparison, former President Donald Trump has said he plans to extend all expiring TCJA provisions.
Persons: Lael Brainard, Joe Biden's, Donald Trump, Biden, Brainard, Biden's Organizations: National Economic, White, Washington , D.C, Tax, Finance, Fed Locations: Washington ,
It was Monday, June 10, the first day of Goldman Sachs' 2024 summer internships at its Manhattan headquarters. Goldman Sachs received a record 315,126 applications for its 2024 internship program, up severalfold from the 53,107 applications it received a decade ago. Goldman interns mingle Emmalyse BrownsteinDay 1 began with basics like how to access their Goldman email account and log into their company dashboards. For lunch, the bank served sandwiches and wraps and displayed chocolate-covered cookies emblazoned with the Goldman Sachs logo for dessert. See Solomon's full letter to interns below:AdvertisementJune 11, 2024 Welcome to Goldman Sachs On behalf of our people around the world, welcome to Goldman Sachs.
Persons: Goldman, Goldman Sachs, David Solomon, Chocolate, JPMorgan Chase, Emmalyse, Solomon, Will Bousquette, Jean Altier, Lou D'Ambrosio, Dan Dees, David Organizations: Service, Business, tote, JPMorgan, Goldman, BI, Invest Locations: Manhattan, New York City, New York, Dallas, San Francisco, Palm, bagels, Hudson
John Della Volpe, who has been doing intensive research on young voters, said older voters have embraced Biden's policies, such as lowering the cost of prescription drugs, whereas younger voters don't feel similar benefits from them. Rep. Ann McLane Kuster, D-N.H., said older voters in her state and elsewhere are attracted to Biden's "steady hand." At the same time, Biden had a narrow lead among voters 65 and older, according to the poll. While Trump won voters 65 and older in the 2016 election by 7 percentage points, Biden narrowed that gap to 5 points in 2020. The Biden campaign hopes to maintain his apparent momentum among older voters in part by contrasting Biden's proposals for seniors with Trump's policies.
Persons: Biden, Joe Biden, Al Gore, Harris, Douglas Emhoff, Jill Biden, Ronald Reagan's, John Della Volpe, Della Volpe, Lisa Clark, Clark's, Ann McLane Kuster, Kuster, Roe, Wade, Donald Trump, — Biden, Trump, it's Biden, Kamala Harris, Mia Ehrenberg, Richard Fiesta Organizations: Biden, Democrat, Democratic, NBC, Republican, an Air Force, Trump, Social Security, Alliance, Retired, Medicare, Fiesta Locations: New Hampshire, France, Vietnam, Wisconsin
CNN —There could be a combined Covid-19 and flu shot in our future, although it won’t be ready for this year’s flu season. On Monday, vaccine maker Moderna announced positive late-stage trial results for its Covid/flu combination vaccine it calls mRNA-1083. Other companies have been testing a combined Covid-flu vaccine, but Moderna is the first to announce positive late-stage trial results. The trial studied the vaccine in two different age groups with about 4,000 adults in each age category. Few people got the latest Covid shot, studies show.
Persons: , Francesca Ceddia, ” Ceddia, Covid, Spikevax, Moderna, Sue Peschin, Dr, Sanjay Gupta, Peschin, ” Peschin, Organizations: CNN, Moderna, Public, US Centers for Disease Control, Food, Covid, FDA, Alliance for Aging Research, CNN Health, CDC Locations: United States
Trump to meet with Republican senators
  + stars: | 2024-06-10 | by ( Olympia Sonnier | Frank Thorp V | ) www.cnbc.com   time to read: +1 min
Former U.S. President Donald Trump speaks at a dinner at Mar-a-Lago on June 5, 2024 in West Palm Beach, Florida. (Photo by Eva Marie Uzcategui/Getty Images)Former President Donald Trump will meet with a group of Republican senators in Washington, D.C., this week, four sources with knowledge of the meeting told NBC News. Trump will meet with the senators on Thursday after addressing the Business Roundtable, a lobbying group. Sen. John Barrasso, R-Wyo., told fellow GOP senators in an e-mail obtained by NBC News that he invited Trump to meet with Republican senators. "I believe it will be helpful to hear directly from President Trump about his plans for the summer and to also share our ideas for a strategic governing agenda in 2025," wrote Barrasso, who is the No.
Persons: Donald Trump, Eva Marie Uzcategui, Sen, John Barrasso, Trump Organizations: U.S, Mar, Washington , D.C, NBC News, Trump, Business, Republican, Social Security, America Locations: Lago, West Palm Beach , Florida, New York, Washington ,
Trump claims credit for Biden’s insulin price cap
  + stars: | 2024-06-08 | by ( Rebecca Picciotto | ) www.cnbc.com   time to read: +3 min
Former President Donald Trump on Saturday recognized that the price of insulin is lower under President Joe Biden, but he still wants voters to credit his own administration. "Low INSULIN PRICING was gotten for millions of Americans by me, and the Trump Administration, not by Crooked Joe Biden. Insulin price caps have become a central piece of evidence for Biden's broader economic argument on the campaign trail against Trump. "And now I want to cap the cost of insulin at $35 a month for every American who needs it!" For Trump's part, the former president signed an executive order in the last year of his administration to issue his own $35 price cap on insulin.
Persons: Donald Trump, Joe Biden, Crooked Joe Biden, Trump, Biden Organizations: Trump Administration, Trump, Democratic, U.S, CNBC, Obama, ACA, Crooked Locations: KFF
But the virus can also cause severe illness in adults 50 and up — or even younger — with underlying chronic conditions such as asthma, diabetes and congestive heart failure. GSK's shot won't reach that new patient population just yet. Safety data in adults ages 50 to 59 was also consistent with data in adults 60 and above, according to GSK. Regulatory agencies in Europe, Japan and other areas are currently reviewing GSK's application to expand Arexvy's approval to high-risk adults ages 50 to 59. GSK's shot is approved in nearly 50 countries, a spokesperson for the company told CNBC.
Persons: Phil Dormitzer, Dormitzer, Luke Miels, Arexvy, GSK's Organizations: Drug Administration, GSK, FDA, Centers for Disease Control, CNBC, CDC, Pfizer, Moderna, U.S Locations: British, Europe, Japan
13 protesters were arrested after barricading themselves in the office of Stanford's president. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThirteen pro-Palestine protesters were arrested at Stanford University Wednesday after they barricaded themselves inside the school president's office building. This story is available exclusively to Business Insider subscribers.
Persons: barricading, Stanford, Organizations: Service, Stanford University Wednesday, The New York Times, Business Locations: Palestine, Gaza
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Austin Wang, a class-of-2025 computer-science major at Yale University, said students were "scared that engineering roles will be replaced in the future." Handshake found that fewer prospective business graduates were applying to consulting roles and that more were seeking positions in customer relations, marketing, and analytics compared with last year. Handshake's analysis suggested tech job postings geared toward fresh graduates fell by 30% compared with last year. Advertisement"It's quite bad for entry-level jobs in general but even worse for international students," she said.
Persons: , It's, Goldman Sachs, Morgan Stanley, Austin Wang, Fabrice Coffrini, Beth Hendler, Matthew Park, Anika Nair, Rutgers University . Austin Wang, Anika Nair Yale's Wang, Wang, Amr Alfiky, you'll, Adnan Hussain, Christine Cruzvergara, Richard Carruthers, I've Organizations: Service, Management, Big Tech, National Association of Colleges, Employers, Business, New York Times, Yale University, McKinsey & Company, Boston Consulting Group, Bain & Company, Accenture, McKinsey, Getty Images Industry, Yale, Tech, Companies, Ivy League, Rutgers University ., Rutgers University, JPMorgan —, Investment, Citigroup, JPMorgan, Deutsche Bank, Finance, Reuters, National University of Singapore, Imperial College London, KPMG, Deloitte, HSBC, Amazon Web Services Locations: Wall, AFP, Singapore
Larnell Robinson sat at a desk in his cluttered office last September, between a bookshelf full of Bibles and a table stacked with the overdose antidote Narcan. Richard, 61, discovered in an apartment with multiple drugs in his system two and a half weeks later. And then 59-year-old Glenn, who had lived on Mr. Robinson’s floor for years. Known for his willingness to run errands for others, he often biked to the store to get Mr. Robinson cigarettes. But after not seeing Glenn for a day, Mr. Robinson stuck a flier in his door.
Persons: Larnell Robinson, , Richard, David, Glenn, Robinson Organizations: West Baltimore
Over the past six years, Baltimore has endured one of America’s deadliest drug epidemics. Fatal overdoses have fallen surprisingly hard on one group: Black men currently in their mid-50s to early 70s. While just 7 percent of the city’s population, they account for nearly 30 percent of drug fatalities — a death rate 20 times that of the rest of the country. An examination by The New York Times and The Baltimore Banner — drawing on previously undisclosed autopsy records, more than 100 interviews and a novel data analysis — revealed the impact on these men, who make up part of a little-recognized lost generation.
Persons: Organizations: New York Times, Baltimore Banner Locations: Baltimore
You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. This story is available exclusively to Business Insider subscribers. Indeed, Florida hosts some of the best spots to retire, according to a new ranking from real-estate website Realtor.com. AdvertisementWhile Florida is showing up and showing out, you don't necessarily have to head south to find an ideal post-career destination — your affordable retirement might just be down the Jersey Shore. Here are the top 10 spots to retire, according to Realtor.com, what it costs to live there, and what they're best known for.
Persons: , Realtor.com Organizations: Service, Security, Business, Florida Locations: Florida, Jersey Shore
New Cracker Barrels might be smaller restaurants altogether, with menus that include new items like green chili cornbread and banana pudding. Discounted dinner from 4 to 6 p.m.Why would Cracker Barrel, so desperate for relevancy, lean into a tactic typically used to attract senior citizens? A woman eats lunch at Cracker Barrel. Masino didn’t explicitly mention the specials during the discussion about the long-term strategy for Cracker Barrel. To compete in this environment, Cracker Barrel realizes it has to offer some type of deal.
Persons: Julie Felss Masino, ” Masino, , Jeff Greenberg, Baby, Masino, Lisa W, Miller, RJ Hottovy, It’s, , John A, Gordon Organizations: New, New York CNN, Universal, Getty, Baby Boomers, Miller & Associates, Street Journal, Pacific Management Consulting Group Locations: New York, The Tennessee, Placer.ai
The Food and Drug Administration on Friday approved Moderna's vaccine for respiratory syncytial virus for adults ages 60 and above, the company's second-ever product to enter the U.S. market. The approval of Moderna's shot is based on a late-stage trial on older adults, who are more vulnerable to severe cases of RSV. The company's shot is also the only RSV vaccine to be available in a pre-filled syringe, which is designed to make it easier to administer to patients. An advisory panel to the CDC will vote in June on recommendations for the use and intended population of Moderna's shot. Moderna's full-year 2024 sales guidance of roughly $4 billion includes revenue from its RSV vaccine.
Persons: Moderna's, Stéphane Bancel Organizations: Drug Administration, Moderna, Centers for Disease Control, CDC, GSK, Pfizer Locations: U.S
FCC ends affordable internet program due to lack of funds
  + stars: | 2024-05-31 | by ( Brian Fung | ) edition.cnn.com   time to read: +3 min
Washington CNN —The Affordable Connectivity Program, which helped low-income Americans get online, is no more. The program’s lapse threatens to throw nearly 60 million Americans into financial distress, CNN has reported. The program officially ends on June 1, said the Federal Communications Commission, which administered the Affordable Connectivity Program (ACP) to approximately 1 in 5 households across the country and on tribal reservations. “The Affordable Connectivity Program filled an important gap that provider low-income programs, state and local affordability programs, and the Lifeline program cannot fully address,” said FCC Chairwoman Jessica Rosenworcel in a statement, referring to the name of another, similar FCC program that subsidizes wireless and home internet service. He also announced a series of voluntary commitments by a handful of internet providers to offer — or continue offering — their own proprietary low-income internet plans.
Persons: , Jessica Rosenworcel, Joe Biden, Mike Johnson didn’t, Biden, Kathryn de Wit, Wit, Organizations: Washington CNN, Program, Republicans, Democratic, CNN, Federal Communications Commission, Lifeline, FCC, Republican, Comcast, Cox, Verizon, ACP, Congress, Pew
The encampments have been cleared, campuses have emptied; protester and counterprotester alike have moved on to internships, summer gigs and in some cases, the start of their postgraduate careers. Leaving aside what impact, if any, the protests had on global events, let’s consider the more granular effect the protests will have on the protesters’ job prospects and future careers. A 2023 survey of Princeton seniors found that nearly 60 percent took jobs in finance, consulting, tech and engineering, up from 53 percent in 2016. A desire to protect future professional plans no doubt factored into the protesters’ cloaking themselves in masks and kaffiyehs. According to a recent report in The Times, “The fear of long-term professional consequences has also been a theme among pro-Palestine protesters since the beginning of the war.”
Persons: let’s, Organizations: Princeton, The Times, Palestine Locations: The
The Senior Citizens League's latest projection forecasts Social Security's 2025 cost-of-living adjustment (COLA) to be just 2.66%, the lowest increase since before the pandemic. AdvertisementAccording to the Social Security Administration, the average monthly benefit in 2024 is $1,907, up about $50 from 2023. Over 67 million Americans receive Social Security. AdvertisementOver 67 million Americans receive Social Security, and an increase is not guaranteed. Since the COLA was added to Social Security benefits in 1975, there have been three years without a bump in the monthly checks.
Persons: , Shannon Benton, Benton, Ippei Naoi Organizations: Service, The, Business, Social Security, Senior Citizens League, Social Security Administration, Senior Citizen, Social, Labor Statistics, Citizen
Her book “Over the Influence: Why Social Media Is Toxic for Women and Girls — And How We Can Take It Back” was recently published by Alcove Press. Unsurprisingly, the game has resulted in many calls to 911, car crashes, a school evacuation and dangerous confrontations with actual gun owners. Of course, it’s easy to see why kids are playing “senior assassin”: they’re trying to connect with one another. Their generation spends less time with friends and more on social media. As police have warned, someone who thinks they’re in danger from an actual gun might meet a kid playing this game with deadly violence.
Persons: Kara Alaimo, , , , Kaylin Gillis, It’s, shouldn’t, what’s, I’ve, toymakers Organizations: Fairleigh Dickinson University, Women, Press, Facebook, CNN, USA, YouTube, University of Michigan’s, Pew Research, Twitter Locations: New York
Opinion: Alito’s second red flag
  + stars: | 2024-05-26 | by ( Kirsi Goldynia | ) edition.cnn.com   time to read: +18 min
This is not the first time Alito has found himself in hot water over displaying a controversial flag on his property. The upside-down flag, a signal of distress, was adopted by Trump supporters who believed the false claim that the election had been stolen. (Alito said his wife had raised the upside-down flag in response to a disagreement with a neighbor. The discovery also comes at a time when the Supreme Court will be making a decision about Trump’s claims of sweeping presidential immunity, his get-out-of-jail-free card for the federal cases he faces. “The notion that the Supreme Court can be trusted to be an arbiter above partisan politics has suffered major blows in recent years.
Persons: , Scott Peck, Samuel Alito, , Alito, Joe Biden’s, Trump, Julian Zelizer, Walt Handelsman, Michael J, Broyde, Ruth Bader Ginsburg, Donald Trump, , , ” Nikki Haley’s, Nikki Haley’s, Nikki Haley, Haley, Nancy Pelosi, She’s, Joe Biden ‘, I’ve, ” Clay Jones, Drew Sheneman, Judge Juan Merchan, Robert Costello, Michael Cohen, Norm Eisen, Costello, ’ Merchan, cautioning, , Eisen, Sunak, Rishi Sunak, Henry Nicholls, Holly Thomas, Sunak —, Thomas, Joel Pett, Adolf Hitler, Ruth Ben, Hitler, Benito Mussolini, Said Ben, Anna Sauerbrey, Sauerbrey, Biden, America —, Richard Curtis ’, Julia Roberts, Hugh Grant, Laura Beers, it’s, , Ebrahim Raisi, Frida Ghitis, Ali Khamenei, Peter Kuper, Cagle, “ I’m, What’s, Benjamin Netanyahu, Yoav Gallant, Yahya Sinwar, Mohammed Diab Ibrahim al, Masri, Ismail Haniyeh, Peter Bergen, ” Netanyahu, Israel’s, Netanyahu, Kerri Kennedy, Biden “, Israel, ” Don’t, Agency Carrie Sheffield, Noah Berlatsky, Singleton, Biden’s Morehouse, Jill Filipovic, Diddy, Cassie Ventura, Catherine Tan, Shanahan, Brian Castrucci, Frank Luntz, Mark Zandi, Trump Will Cathcart, Joyce M, Davis, Bill Maher, Jimmy Kimmel, Randy Holmes, Bill, ” Nicole Hemmer, Said Will, Maher, Hemmer, ” “ Maher, It’s Organizations: CNN, New York Times, Agency, Trump, South Carolina Gov, Republican, NHS, Labour, Tory, Social, Italiana, European Union, , Islamic, Education, Workforce, Harvard, University of California, Columbia University, Columbia, Criminal Court, ICC, Israeli, International Court of Justice, United Nations Security, American Friends Service Committee, RFK, Disney, Entertainment, Democrats Locations: Alito’s Virginia, New Zealand, AFP, , England, Trump’s America, America, Italian, Germany, Poland, France, Berlin, Hill, American, British, London, Notting Hill, Iran, Republic of Iran, Islamic Republic, University of California Los Angeles, Gaza, United Kingdom, Rafah, Georgia’s, Moscow, Africa
Meanwhile, the details of our actual graduation ceremony became a mystery. Luckily, my high school decided to push our graduation to late July for an in-person ceremony. AdvertisementThose of us who persevered through the strange pandemic high school graduation are now graduating from college. The pandemic rippled throughout my college careerAfter my high school graduation, the awkward Zoom school years didn't end. After everything my class has been through, graduation felt more meaningful and lively.
Persons: , It'd, wasn't Organizations: Service, Sunrise, Business, New School, Gaza Locations: New Jersey, New York City
China has mandated that local businesses leave the door open for cash payments as it tries to attract foreign investment and tourism after the pandemic. AdvertisementHungry for foreign business, China has rushed to bridge the gap. Major payment platforms Alipay and WePay started allowing visitors to link their international bank cards to their Chinese accounts. It's illegal in China to reject cash for purchases, and the central government's crackdown has intensified in the last several years. Investor relations for Yum China, which operates KFC in China, did not immediately respond to a request for comment sent by Business Insider.
Persons: , WePay Organizations: Service, KFC, People's Bank of China, Business, China Post, New China Life Insurance, PICC, Regulators, Yum Locations: Beijing, Wuxi, Jiangsu, Mongolia, China, Gansu, New, Shanghai, Tourism, Yum China
But some older adults may be unaware of the strength of today’s weed, and little is known about the health effects of legalizing edible cannabis on older adults — the age group with the largest growth in overall cannabis use a year after dried cannabis flower was legalized in Canada, Stall said. Jamie Grill/Tetra images RF/Getty Images“There’s a bit of an age-related bias that many health care practitioners, and frankly society, hold that older adults are not using drugs. During the eight-year study period, there were 2,322 emergency department visits for cannabis poisoning in older adults who were age 69 on average. Products older adults intentionally use should have dosing information with specific guidance for older adults, “recognizing that the amount of drug they may need is a lot less than younger populations,” Stall said. Health care providers should also have open and judgment-free conversations with older adults about cannabis use and its benefits and risks, he added.
Persons: edibles, Nathan, Jamie Grill, , , , Lona Mody, Sharon K, Inouye, weren’t, Amanda Sanford Hickey, Ann Arbor . Inouye, Arthur Marcus, ” Mody Organizations: CNN, Sinai Health, Getty, Ontario Ministry, Internal Medicine, University of Michigan, Aging, for Aging Research, Harvard Medical School Locations: Canada, , Sinai, Ontario, Ann Arbor, Boston
Legalized Weed Is Landing More Seniors in the E.R.
  + stars: | 2024-05-20 | by ( Matt Richtel | ) www.nytimes.com   time to read: +1 min
The NewsAs more places legalize marijuana, policymakers and health officials have worried about the health risks that the drug may pose to adolescents. But a new study suggests that an additional demographic is at risk: seniors. The study, published Monday in JAMA Internal Medicine, found that after Canada legalized marijuana, the number of emergency room visits for cannabis poisoning rose sharply among people ages 65 and older. Poisonings doubled after Canada legalized sale of the cannabis flower, and then tripled just 15 months later, when Canada legalized the sale of edibles. Stall said, and showed that more attention needed to be paid to drug use by seniors, and to the health effects.
Persons: Poisonings, , , Nathan, edibles Organizations: Canada, Mount Sinai Hospital, Women’s College Hospital Locations: Canada, Mount, Toronto, United States
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