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Have Democrats and Republicans traded places? Are low-turnout elections and laws designed to suppress voting now beneficial to Democrats and detrimental to Republicans? Nicholas Stephanopoulos, a law professor at Harvard, contends that the answer to these last three questions is changing from no to yes. In a paper posted last week, “Election Law for the New Electorate,” Stephanopoulos argues that “the parties’ longstanding positions on numerous electoral issues have become obsolete. These stances reflect how voters used to — not how they now — act and thus no longer serve the parties’ interests.”
Persons: Nicholas Stephanopoulos, ” Stephanopoulos, Organizations: Republican, Democratic Party, Harvard, New Locations: New Electorate
And it may impact your stroke risk, according to a new study. This suggests that the biggest impact on stroke risk occurs over the long term. People who scored high on the loneliness scale both times they were surveyed had a much higher risk of stroke, the study said. And that feeling of loneliness is what the study found to be correlated to the increased risk of stroke, Soh said. “Make it be known that you are experiencing feelings of loneliness, and also identify what would be helpful for you specifically to address the feelings of loneliness,” Soh said.
Persons: , Yenee, Harvard T.H, Soh, Matt Pantell, Pantell, Edwin Tan, , Vivek Murthy, ” Soh, Olivia Remes, Remes, Louise Hawkley Organizations: Lifeline, CNN, Department of Social, Behavioral Sciences, Harvard, of Public Health, Health, Center for Health, Community, University of California, University of Cambridge, Interact, Research Centers, University of Chicago Locations: Chan, San Francisco, United States, United Kingdom
Especially the last bit: Corporate America is obsessed with ensuring their employees are staying productive when they’re working remotely, away from the gimlet eyes of management. It’s easy to imagine the types of pretend productivity gadgets these employees might have used: “mouse jigglers,” gizmos with a questionable name that make random, small motions of a mouse or touchpad. And Wells Fargo’s crackdown on these gadgets is just the latest attempt by big business to rein in perceived slacking by remote employees. That perceptual gap reflects a vast and growing mutual distrust between workers and employers in America. They’re how workers are battling back against boardroom Big Brother, in a technological arms race that’s only getting wilder as devices get more sophisticated.
Persons: Jeff Yang, Bruce ”, , Jeff Yang CNN, Wells, They’re, they’re, wilder, I’ve Organizations: CNN, Bloomberg, Business, Intuit, Microsoft Locations: Asian America, America, New York , Connecticut, Delaware
Many merchants and trade groups including the National Retail Federation opposed the accord, saying card fees would remain too high, while Visa and Mastercard would retain too much control over card transactions. The decision could force Visa and Mastercard to negotiate a settlement more favorable to merchants, or go to trial. Visa and Mastercard said they were disappointed with the outcome. Some U.S. senators have promoted legislation, the Credit Card Competition Act, to let merchants use other payment networks to process Visa and Mastercard transactions. The judge's decision does not affect an earlier $5.6 billion class action swipe fee settlement among Visa, Mastercard and about 12 million merchants.
Persons: Brendan McDermid, Margo Brodie, Brodie, Nilson, Doug Kantor, Jonathan Stempel, Deepa Babington, Leslie Adler Organizations: Mastercard Inc, New York Stock Exchange, REUTERS, Companies, Mastercard, National Retail Federation, Visa, National Association of Convenience Stores, U.S, Merchant Discount Antitrust Litigation, Court, Eastern District of, Thomson Locations: New York City, U.S, Brooklyn, Manhattan, Eastern District, Eastern District of New York, New York
The notable fact about the anti-Israel campus demonstrations is that they are predominantly an elite phenomenon. And what should those on the other side of the demonstrations — Jewish students and alumni most of all — do about it? Regarding the first question, some argue that the furor over the campus protests is much ado about not much. With notable exceptions, campus life at these schools is somewhat less roiled by protest than the media makes it seem. Outside groups, as more than one university president has told me, have played an outsize role in setting up encampments and radicalizing students.
Persons: It’s Stanford Organizations: University of Nebraska Locations: Israel, Berkeley, Yale, Penn, Harvard, Columbia, provocateurs
A 2-year-old startup founded by Harvard dropouts has just raised $120 million in venture funding to try and build a competitive chip and take on Nvidia in artificial intelligence. Co-founder and CEO Gavin Uberti said that as AI develops, most of the technology's power-hungry computing requirements will be filled by customized, hard-wired chips called ASICs. "We're making the biggest bet in AI," Uberti said in an interview. Other chip startups taking on Nvidia include Cerebras Systems, which is building a physically larger AI chip, and Tenstorrent, which is using a trendy technology called RISC-V to build AI chips. Venture capitalists invested $6 billion in AI semiconductor companies in 2023, up slightly from $5.7 billion in 2022, according to data from PitchBook.
Persons: Gavin Uberti, Uberti, we'll, Peter Thiel, Stanley Druckenmiller, Kyle Vogt, we've, Robert Wachen Organizations: Nvidia, Harvard, Apple, Venture Partners, Cerebras Systems, Semiconductors, Taiwan Semiconductor Manufacturing Co, Venture Locations: Cupertino , California, PitchBook
Read previewThe hiring process seems to have become increasingly complex in recent years, with job seekers facing new tests, more interviews, and months of waiting to hear back from prospective employers. Job seekers have been taking to social media to complain about jumping through various hiring hoops just to secure an entry-level job. He said that in recent years, the hiring process has slowed down as the number of interview rounds has increased: "It reflects a lack of understanding by employers about what they're actually looking for." Advertisement"Many interviews and job assessments now take place online, which means candidates need to adapt to virtual interactions and later demonstrate their skills remotely," she said. When job interviews started to be done on Zoom and managers had fewer opportunities to evaluate candidates, more employers began using cognitive and psychometric assessments as part of their hiring process.
Persons: , Chris Abbass, Abbass, Peter Cappelli, Wharton, They've, Cappelli, Nikita Gupta, they're, Gupta Organizations: Service, Business, school's, Human Resources, Harvard Business, Big Tech
Here's how bad housing affordability is now
  + stars: | 2024-06-25 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com   time to read: +4 min
Home prices set another record in April, even as mortgage rates rose and the supply of homes for sale increased. Usually, under those circumstances, prices would weaken, but today's housing market is unlike any other in recent history. The housing cost burden has hit a record, according to a new report from Harvard's Joint Center for Housing Studies. Housing supply was already low before the Covid pandemic hit, because homebuilders had yet to recover from the 2008 financial crisis. Then there was a pandemic-induced run on housing, causing supply to drop to record lows for several years.
Persons: Brian Luke, Dow, HJCH, homebuilders, Homebuilders couldn't, Orphe Divounguy Organizations: Mortgage News, Dow Jones, Harvard's, for Housing Studies
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHarvard's Jason Furman: 'A skewed set of risks' makes taming inflation a challenge for the FedJason Furman, Harvard's Kennedy School of Government economics professor and former CEA chairman, joins CNBC's 'Squawk Box' to discuss the Fed's path to taming inflation, rate cuts, and more.
Persons: Jason Furman, Fed Jason Furman Organizations: Fed, Harvard's Kennedy School of Government
Informational interviews can be a valuable way to grow your career. "You show up, you share your story, you ask questions about their background," says Gorick Ng, Harvard career advisor and creator of the "How To Say It" flashcard series for professional communication. You can reach out to people you know directly"First degree connections are people that you already know," says Ng. Again, you're jogging people's memory of who you are (if they need it), you're being clear about why you're reaching out and who you'd like to be connected with and you're explaining why you're reaching out to them, specifically. "You're making a super targeted request that you're super serious about because you've done your homework," says Ng.
Persons: Gorick Ng, Ng, you've, It's, I'm, it's, I'd Organizations: Harvard
In today's big story, we're looking at how AI could completely upend venture capitalism amid a wider shakeup for the industry . The generative AI boom was a welcome change for a venture industry looking for a new trend to back (and hopefully profit from). Some of the adjustments aren't novel to the VC industry. ACME Capital; Getty Images, Chelsea Jia Feng/BIThe VC industry might be doomed with or without AI. AdvertisementScott Stanford, a cofounder and partner at early-stage VC firm ACME Capital, told BI's Blake Dodge that half of today's VC firms will shutter in the next decade .
Persons: , VCs zentilia, Jenny Chang, Rodriguez, Insider's Ben Bergman, Ben, Long, Scott Stanford, Chelsea Jia Feng, BI's Blake Dodge, Hany Nada, Jared Siskin, Bobby Jain's, Jonathan Barton, Jain, Rebecca Zisser, OpenAI, Apple, Elif, Jeff Bezos, Robert Winnett, Will Lewis, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Annie Smith, Grace Lett, Amanda Yen Organizations: Service, Business, ACME, Getty, ACME Capital, Stanford, BI, Madison, Conservancy, Jain, EV, Ford, European, Regulators, Anadolu Agency, Getty Images, Washington, Harvard, Leagues Locations: today's, Wall, Saudi, Saudi Arabia, Europe, Brazil, Southeast Asia, London, American, Paris, New York, Chicago
The promise of a more rapid climb up the corporate ladder has made Alpine's CIT program incredibly popular. While it's too soon to know how Alpine's CIT program ranked this year, it received 750 applications for just 12 slots. AdvertisementAnderman's own non-conventional career took her from college dropout to ballet dancer to the world of international development to business school. When she interviewed for her job at Alpine, Weaver asked how she could handle the job with no prior experience. — Alpine's founder and CEO — Alpine's founder and CEOThe first attribute the company looks for is IQ, but not in the traditional kind.
Persons: , it's, Tal Lee Anderman, you've, Tal Lee Anderson, Graham Weaver, GSB, Weaver, whittle, Anderman, David Wurtzbacher, Wurtzbacher, they're, Geoff Smart Organizations: Service, Business, CIT, Harvard Business School, Stanford's, School of Business, Wharton School, University of Pennsylvania, Harvard, Tal Lee Anderson Alpine, Stanford, Wharton, Kellogg School of Management, Northwestern, University of Chicago Booth School of Business, Alpine, Alpine's San, Citadel, Yale Law School, America Locations: Alpine's, Alpine's San Francisco, Blackstone, Anderman, Manhattan, Jackson , Mississippi, Hong Kong
The summer after my sophomore and junior years at Harvard University, I interned at Bridgewater Associates, the world's largest hedge fund. AdvertisementAnd while I definitely see parallels between my time at Bridgewater and that "Black Mirror" episode, I look back fondly on my time there. AdvertisementAuthenticity is a big thing at Bridgewater, so I went into the interview wanting to be completely myself. I worked on a lot of diversity initiatives, figuring out how to make Bridgewater more streamlined and accessible to employees. It helped shape who I am today, especially how I think about feedback, work, and the relationships I have at work.
Persons: Daria Rose, Ray, , I've, Ray Dalio, would've, She'd, Myers, , we'd, I'd, It's, Dalio, it's, it'd, Ray Dalio isn't, We'd, Jane Zhang Organizations: Bridgewater Associates, Business, Harvard University, Bridgewater, Harvard, Briggs Locations: Ray Dalio's, Bridgewater, Westport , Connecticut, janezhang@businessinsider.com
America’s housing crisis continues to worsen
  + stars: | 2024-06-23 | by ( Bryan Mena | ) edition.cnn.com   time to read: +6 min
Washington CNN —Homeowners in America aren’t the only ones struggling with an unaffordable housing market. A report from Harvard University’s Joint Center for Housing Studies released last week showed that both homeowners and renters in recent years have become increasingly burdened by climbing housing costs. That’s all part of a broader struggle in the US housing market, and recent data shows that it hasn’t gotten any better. But there’s a problem: ChatGPT — soon to be integrated into Siri — is banned in China, reports my colleague Samantha Murphy Kelly. The Chicago Fed releases its National Activity Index for May.
Persons: ” Lael Brainard, , , Brainard, Biden, ” Brainard, ChatGPT —, Siri —, Samantha Murphy Kelly, OpenAI, Siri, ChatGPT, Read, Christopher Waller, Lisa Cook, Michelle Bowman, General Mills, Levi Strauss, Tom Barkin Organizations: CNN Business, Bell, Washington CNN — Homeowners, America aren’t, Harvard University’s, for Housing Studies, Harvard, , White, Economic Council, Urban Institute, Administration, Apple, Apple Intelligence, Microsoft, Google, Meta, Samsung, Cyberspace Administration, FedEx, Chicago Fed, Global, Index, Board, Micron, General, US Commerce Department, Federal Reserve, Nike, McCormick, Walgreens, US Labor Department, National Association of Realtors, Richmond Fed, University of Michigan Locations: Washington, America, Congress, China
What sets high achievers apart from everyone else, Fuller has discovered, isn't their confidence or business acumen — it's their adaptability. "They're not wedded to some predetermined career path that they set when they were a student or starting their first job," he tells CNBC Make It. It's great to set career goals and create timelines for achieving them. In both cases, "you're ignoring what motivates or interests you, and instead letting rigid expectations guide your career," says Fuller. If you fixate on a specific career path, you risk overlooking other fulfilling options for your professional life, Fuller adds.
Persons: Joseph Fuller, Fuller, , They're Organizations: Harvard Business School, Fortune, CNBC
A severe housing shortage has made both buying and renting increasingly unaffordable. Harvard report finds cost-burdened homeowners rose by three million from 2019 to 2022. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . A severe shortage of housing, high mortgage interest rates, and strong demand from a growing number of new households have made it increasingly unaffordable to put a roof over your head. The only group that seems to be faring well through this housing crisis are homeowners who locked in low-interest mortgages before rates began soaring two years ago.
Persons: Organizations: Service, Harvard Joint Center for Housing Studies, Business Locations: Harvard
With the rise of remote and hybrid work following the pandemic, work relationships have forever changed. AdvertisementHow workplace connections have changedWith remote work, developing a work-spouse relationship is much more difficult due to limited in-person interactions. Still, Pillemer said, relationships aren't all lost with remote work. AdvertisementWigert noted that work best friends, work spouses, and similarly strong work connections can lead to being "more engaged, productive, and committed to their organization." What is your experience with work friendships, work spouses, and loneliness at work?
Persons: Erin Mantz, Mantz, Zeno, skews, they'll, Ben Wigert, Wigert, Vicki Salemi, Salemi, Julianna Pillemer, Pillemer, Joseph Fuller, Fuller, X, I'm Organizations: Service, Business, New York University, Harvard's Business School, Work Initiative
Over four years, the total bill may be $500,000 or more, as it is estimated to be at Columbia University, according to Self Financial. These are the 10 schools with the highest total cost for four years. Columbia University—New YorkTotal cost: $514,4422. Massachusetts Institute of Technology—Cambridge, MassachusettsTotal cost: $441,948All of the 10 most expensive schools Self Financial identified are private, which makes sense, given that those institutions typically charge higher tuition than public schools. But private colleges often offer generous financial aid and scholarships packages so your cost to attend may even be lower than at a public university.
Organizations: National Center for Education Statistics, Columbia University, Columbia, U.S . News, Bureau of Labor Statistics, Columbia University — New York, New York University — New York, Georgetown University — Washington, D.C, Harvard University — Cambridge, California Institute of Technology, University of Southern, University of Southern California — Los Angeles Total, University of Chicago — Chicago, George Washington University — Washington, Yale University — New, Massachusetts Institute of Technology, Self, Harvard, University of Massachusetts, Department, Education's, CNBC Locations: Massachusetts, California Institute of Technology — Pasadena, California, University of Southern California, Yale University — New Haven , Connecticut, Massachusetts Institute of Technology — Cambridge, Amherst
The multiple exceeds 9 and approaches 12 in the hottest markets, rendering them "impossibly unaffordable," per a recent study. That's according to "The State of the Nation's Housing 2024" report published by Harvard University this week. Only 6.6 million — fewer than 15% — of the 45 million renter households in the US make enough to afford the median payment. Indeed, the Harvard study found that 23% of homeowner households were "stretched worryingly thin," and more than a quarter of renters were paying at least half their incomes toward housing and utilities in 2022. Many homeowners are seeing their incomes squeezed by steeper prices and interest payments, and many renters have given up on buying a home.
Persons: , Robert Gauthier Organizations: Service, Business, Harvard University, Survey, Consumer Finances, Harvard Locations: La Habra , California
This story is available exclusively to Business Insider subscribers. Her research inspired her to create the 5-3-1 rule, a guideline for measuring social health. Killam broke down the 5-3-1 rule — and what to do if you find it hard to follow. Use 5-3-1 as a rule of thumbIf you feel like you're great at talking to seven people a day but only have two very close relationships, Killam said not to worry — the 5-3-1 rule is more of a rule of thumb. If you've felt lonely but haven't known how to address it, the 5-3-1 rule can help you pinpoint where to start.
Persons: , Kasley Killam, Killam, I'm, you've Organizations: Service, Business, Harvard Business School Locations: Post
Read previewFormer President Donald Trump is making sure voters know how he feels about student-loan forgiveness. He also used that time to criticize President Joe Biden, particularly Biden's efforts to enact student-loan forgiveness for millions of Americans. Should Biden win, his administration will continue carrying out its broad and targeted debt relief efforts such as one-time account adjustments for borrowers on income-driven repayment plans and Public Service Loan Forgiveness. After the Supreme Court decision, his campaign posted a statement on his website saying that "these wins were only made possible through President Trump's strong nomination of three distinguished and courageous jurists to the Supreme Court." AdvertisementStill, Biden's Education Department is moving forward with its relief efforts and has maintained that all of its actions are in accordance with the law and the Supreme Court decision.
Persons: , Donald Trump, Trump, Joe Biden, I'm, Biden, Biden's, It's, Trump's Organizations: Service, Business, Trump, Biden's Education Department, Higher, Biden, Public, Supreme, Education Department, GOP Locations: Wisconsin
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In today's big story, we're looking at why the rise of "quiet vacationing" shows the depressing state of America's work culture . If you're unfamiliar with the distinction, let me introduce you to a new workplace phrase: quiet vacationing . But Business Insider's Emily Stewart argues workers feeling too stressed to fully take time off is a sad example of America's work culture. The irony is that quiet vacationing could arguably put you in a worse position for your job these days.
Persons: , Jenny Chang, Rodriguez, Slack, Emily Stewart, Martin Barraud, Wally Pipp, Pipp, Lou Gehrig, Wally Pipped, Alyssa Powell, Steve German, Arizona's, Mohamed El, Erian, China's, Brooks Kraft, They've, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Annie Smith, Amanda Yen Organizations: Service, Business, New York Yankees, American League, Yankees, Getty, Partners, Alfa Bank, YouTube, Foo Fighters, BI, Amazon, Bain & Company, Brooks Kraft LLC, Harvard, Hollywood . Media, Dell Locations: Arizona, Miami, China, Beijing, Shanghai, Russia, Hollywood, New York, London
CNN —Astronomers are witnessing a never-before-seen spectacle in the cosmos: the awakening of a supermassive black hole at the center of a distant galaxy. In late 2019, a team of astronomers took notice of an otherwise unremarkable galaxy named SDSS1335+0728, 300 million light-years away in the Virgo constellation. “If so, this would be the first time that we see the activation of a massive black hole in real time.”Sleeping celestial giantsSupermassive black holes are classified as having masses more than 100,000 times that of our sun. “In the case of SDSS1335+0728, we were able to observe the awakening of the massive black hole, (which) suddenly started to feast on gas available in its surroundings, becoming very bright.”Previous research has pointed to inactive galaxies that appeared to become active after several years, which is usually triggered by black hole activity, but the process of a black hole awakening has never been directly observed before, until now, Hernández García said. The same scenario may play out with Sagittarius A*, the supermassive black hole at the center of the Milky Way, but astronomers aren’t sure how likely it is to occur, Ricci said.
Persons: , Paula Sánchez Sáez, Neil Gehrels Swift, Chandra, Sánchez Sáez, Lorena Hernández García, Claudio Ricci, , Hernández García, Ricci Organizations: CNN —, Palomar, Astrophysics, European Southern Observatory, Survey, Micron, Sky Survey, Sloan, European Southern, Southern Astrophysical Research, Keck, Millennium Institute of Astrophysics, University of Valparaíso, Diego Portales University Locations: California, Germany, European, Chile, Hawaii,
How Heat Affects the Brain
  + stars: | 2024-06-19 | by ( Dana G. Smith | ) www.nytimes.com   time to read: +1 min
In July 2016, a heat wave hit Boston, with daytime temperatures averaging 92 degrees for five days in a row. Some local university students who were staying in town for the summer got lucky and were living in dorms with central air-conditioning. He had 44 students perform math and self-control tests five days before the temperature rose, every day during the heat wave, and two days after. “Many of us think that we are immune to heat,” said Dr. Cedeño, now an assistant professor of environmental and occupational health and justice at Rutgers University. “So something that I wanted to test was whether that was really true.”It turns out even young, healthy college students are affected by high temperatures.
Persons: Jose Guillermo Cedeño Laurent, , Cedeño Organizations: Rutgers University, A.C Locations: Harvard
There are plenty of guidelines for physical fitness — from getting in 10,000 steps to drinking eight glasses of water every single day — but we aren't often given recommendations for keeping your social life in good health. Kasley Killam, a Harvard-trained social scientist and leading expert in social health, came up with a social workout plan that people can use to maintain their social fitness. Killam detailed the method in her recently published book, "The Art and Science of Connection." "The 5-3-1 guideline is meant to be like a reference point for people," Killam tells CNBC Make It. Just like the recommendation of sleeping for eight hours a night, the 5-3-1 guideline is a research-based suggestion.
Persons: Kasley Organizations: Harvard, CNBC
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