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☆ Moms and remote jobs are helping to prop up the economy
▼ + stars: | 2023-11-06 | by ( Cork Gaines | ) www.businessinsider.com time to read: +6 min

More remote work opportunities are credited for helping women with young children get jobs. AdvertisementAdvertisementAdditionally, the Wells Fargo economists also identified women with young children as a new strength for the job market. This surge in employment, particularly among mothers with young children, has played a significant role in boosting the economy. To be sure, this level of workforce participation could drop in the coming months as childcare opportunities become harder to find. Drew Angerer/Getty ImagesThe robust labor market has helped boost the economy despite inflation still above the Federal Reserve's 2.0% target.

Persons: —, Wells Fargo, Jobs, Janet Yellen, Drew Angerer, Daniel Greenhaus, Greenhaus, Paul McCulley, McCulley Organizations: Service, Wells, Brookings, US, U.S . Treasury, Federal, payrolls, Bloomberg, Georgetown's School of Business Locations: Wells, Wells Fargo, U.S

☆ Opinion: Why Democrats shouldn’t despair over concerning new polls about Biden
▼ + stars: | 2023-11-05 | by ( Dean Obeidallah | ) edition.cnn.com time to read: +6 min

Despite the concerning top-line numbers, the Times/Siena College polls do offer some hope and a road map to Biden’s victory. The other issue Biden wins more trust than Trump on is the handling of “democracy,” according to the new polls. Biden made democracy a key issue in the closing weeks of the 2022 midterms. For those who want Biden to win in 2024, you can’t ignore the polls but shouldn’t be panicked by them. The Biden campaign needs to do its part in terms of campaigning on the key issues and building an effective ground game.

Persons: Dean Obeidallah, CNN —, Joe Biden, Donald Trump, It’s, Biden, Trump, Barack Obama, Obama, Mitt Romney, “, Barack Obama’s, Hillary Clinton, Biden —, —, outraise Trump, Wade ”, ”, “ Donald Trump, overperformed, MAGA, it’s, shouldn’t Organizations: CNN, The New York Times, Siena College, Dean Obeidallah CNN, Times, Biden, Trump, PBS, Go, Democratic, Electoral, New York Times, Mr, —, ”, Siena, Republican, MAGA Republicans Locations: Siena, Nevada , Arizona, Michigan, Romney, Roe, Arizona

☆ How ChatGPT Enterprise has helped Canva save hours of time and build better tools
▼ + stars: | 2023-11-04 | by ( Aaron Mok | ) www.businessinsider.com time to read: +6 min

The graphic design platform used the software to build its own AI tools, Canva's head of AI told Insider. Here's what ChatGPT Enterprise has automated — and what it still has to work on. AdvertisementAdvertisementOpenAI, one of the most influential artificial intelligence firms, rolled out ChatGPT Enterprise, a version of ChatGPT designed for businesses, at the end of August. AdvertisementAdvertisementEngineers used ChatGPT Enterprise to review Canva's blocklist and flag artist names that were similar to dictionary words for human review. While the company expects to keep using ChatGPT Enterprise moving forward, it doesn't plan on shrinking Canva's workforce.

Persons: Canva, —, ChatGPT, Danny Wu, Estée Lauder, Wu, Mark Muro, Thomas Hexton, Andy Warhol, OpenAI's chatbot, They're, OpenAI Organizations: Enterprise, ChatGPT Enterprise, Service, Software, Brookings Institute, Engineers Locations: Sydney

☆ The biggest winners — and losers — in the coming AI job apocalypse
▼ + stars: | 2023-11-01 | by ( Emil Skandul | ) www.businessinsider.com time to read: +10 min

In fact, as other long-term trends take hold, many of these working-class roles are poised for a job explosion. While manufacturing jobs as a whole are expected to stay flat, spending in this industry has boomed to $200 billion each year, tripling in the past five years. "What characterizes the physical labor jobs that are safe for the next five or 10 years are things that are in an unpredictable physical environment," Kweilin Ellingrud, a McKinsey Global Institute director, told me. Instead of replacing these jobs, AI will likely benefit specific roles by making it easier to do the most routine parts of the job. He added: "There are these jobs that are in a middle ground where the physical work may remain but the supervision might be more exposed."

Persons: plumbers, Philip Levine, there's, Mark Muro, barometers, OpenAI, Ellingrud, Muro, Emil Skandul, Tony Blair Organizations: Ford, US Bureau of Labor Statistics, Brookings Institution, Accenture, Bureau of Labor Statistics, McKinsey, McKinsey Global Institute, Research, Tony Blair Institute Locations: American, America

☆ About 3.5 million more American families went hungry after food prices spiked and the pandemic-era child tax credit ended
▼ + stars: | 2023-11-01 | by ( Madison Hoff | ) www.businessinsider.com time to read: +6 min

There was also an increase in food insecurity for households with children from 2021 to 2022. AdvertisementAdvertisementAbout 3.5 million more US households were food insecure for at least part of 2022 than in 2021. Food insecurity is when the "ability to acquire adequate food is limited by a lack of money and other resources," per the report. Around 17 million households, or 12.8% of US households, were food insecure in 2022. Hall said the 40% increase in food insecurity for households with children, from 4.6 million households to 6.4 million households, was also discouraging given the large fall in 2021.

Persons: Chloe East, —, Lauren Hall, Hall, Tom Vilsack, Vilsack Organizations: Hamilton, Brookings, Service, US Department of Agriculture, University of Colorado, SNAP, Budget, Women, USDA Locations: University of Colorado Denver, America

A nonpartisan business group that advocates for clean energy estimates that 403,000 jobs will be created by the 210 major energy projects announced since the Inflation Reduction Act took effect in mid-2022. Battery storage is expected to support 48,000 jobs, and solar is expected to support 35,000, both annually for five years. “As community colleges develop a rhythm for training the type of workers these companies need, that’s going to enhance the appeal of our workforce and state as a business location to more and more these clean energy companies," he said. Although investments in clean energy are “on hyperdrive,” other factors were supporting the clean energy labor transition before the IRA, said Joseph Kane, a researcher at the Brookings Institution nonprofit research organization. Labor shortages in the clean energy sector, particularly in construction, manufacturing, and electrical work are notable, said Thomas Kwan, director of sustainability research at Schneider Electric, an energy management and industrial automation company.

Persons: “, Bob Keefe, Mateo Jaramillo, ” Jaramillo, Christopher Chung, ”, Chung, Joseph Kane, Kane, Thomas Kwan, Kwan Organizations: Environmental Entrepreneurs, EV, Economic Development, of, Brookings Institution, Labor, Schneider Electric, AP Locations: U.S, Weirton , West Virginia, West Virginia, of North Carolina, North Carolina

Union wages, and the battles to keep them, have elevated the fortunes of countless Black families, Brooks said. “Black people could take advantage of that and buy homes in neighborhoods throughout Detroit,” Perry said. “Without the union jobs, (employers) can do anything, say anything and you're out the door,” she said. Only about 25% of Detroit's residents are in that range, and about two-thirds of city residents earn less than $50,000 per year, Goss said. Martin described her childhood during the 1970s and 1980s in her predominantly Black Detroit neighborhood as among the “happiest times” of her life.

Persons: WAYNE, Britney Johnson, Johnson's, “, ”, Tracy Brooks, Johnson, Brooks, Bobbie Allen Sr, Allen, ” Brooks, Andre Perry, ” Perry, Mike Duggan, Anika Goss, Goss, Yolanda Martin, Martin, Tracy Hadden Loh, ” Martin, ” ___ Jefferson, Rhonda Shafner Organizations: Black, United Auto Workers, Ford, Union, General Motors, Ford Motor, Blacks, Brookings Metro, Brookings Institution, Daimler Chrysler, Fiat Chrysler, PSA Peugeot, Detroit Future, Chicago . Locations: Mich, Ford's Wayne, Texas, Michigan, Detroit, Stellantis, U.S, Chicago, Black Detroit, Rosedale, Grandmont, Novi, New York

(AP) — An Indiana Moms for Liberty chapter has followed the conservative group’s national playbook, challenging diversity, equity and inclusion efforts in school districts as part of its “parental rights” mission. Democratic candidate and Carmel city councilman Miles Nelson asked his opponent on stage earlier this month to denounce the local Moms for Liberty chapter. The local chapter is relatively new, but its June newsletter attracted wide condemnation after quoting Hitler on its front cover. “It’s a clear example of how opposition to Moms for Liberty can galvanize people to vote against conservative candidates,” Valant said. Shaw, a former teacher, said she is concerned about the Moms for Liberty chapter's influence in the county.

Persons: Adolf Hitler, Miles Nelson, Sue Finkam, Nelson, Joe Biden, Donald Trump, Trump, Hitler, ”, Finkam, ” Finkam, Kory Wood, “, ” Wood, “ Sue, ” Paige Miller, ” Miller, ” Nelson, ” Jon Valant, ” Valant, Valant, Diane Shaw, Shaw, David Shaw, ” David Shaw, “ I’ll Organizations: Indiana, Liberty, Democratic, Associated Press, Southern Poverty Law Center, Brookings Institution, Indianapolis Star, Carmel, Liberty Hamilton County, Mayor, Brown Center, Education Locations: CARMEL, Ind, Carmel , Indiana, Carmel, Indianapolis, Hamilton, ” Florida, U.S, Philadelphia, Hamilton County, Nazi, United States of America, Chicago

Bryant West was halfway through high school in Pascagoula, Mississippi, when he dropped out in 2020. But in every state reporting high school graduation rates by gender, research shows female students graduate at higher rates. “I was lashing out because I wasn’t OK,” said Nichols, who ended up leaving high school after ninth grade. Still, the urban district posted a 10-point graduation gender gap in 2022 (84%-74%) and an 11-point gap (84%-73%) in 2021. The graduation gender gap “is harder to explain than some of the other disparities we see,” PRB’s Jarosz said.

Persons: —, Bryant West, ”, Beth Jarosz, Jarosz, Richard Reeves, Reeves, Edwin Quezada, Quezada, “, Benjamin Nichols ’, Nichols, Barack Obama, Jeffrey Hammond, Hammond, PRB’s Jarosz, it’s Organizations: Brookings Institution, American Institute for Boys, “, ”, American, Associated Press, Carnegie Corporation of New, AP Locations: BUFFALO, N.Y, Pascagoula , Mississippi, Popeye’s, “, U.S, Yonkers , New York, Buffalo, Yonkers, Carnegie Corporation of New York

Turkish President Tayyip Erdogan addresses members of parliament from his ruling AK Party (AKP) during a meeting at the Turkish parliament in Ankara, Turkey, October 25, 2023. Political analysts said his planned address in Istanbul aimed to reinforce his growing criticism of Israel's bombardment of the Gaza Strip and to overshadow Sunday's celebrations marking Turkey's secular roots. Turkey has condemned Israeli civilian deaths caused by Hamas's Oct. 7 rampage through southern Israel, but Erdogan this week called the militant group Palestinian "freedom fighters". ATATURK LEGACYThis week, Erdogan invited all Turks to attend the rally where he said "only our flag and the Palestine flag will wave". Erdogan, Turkey's longest-serving leader, and his Islamist-rooted AK Party have eroded support for the Western-facing ideals of Ataturk, who is revered by most Turks.

Persons: Tayyip Erdogan, Murat Cetinmuhurdar, Erdogan, Israel, Sinan Ulgen, Ulgen, ATATURK, Mustafa Kemal Ataturk, Turkey's, Ataturk, Asli Aydintasbas, Gumrukcu, Jonathan Spicer, Helen Popper Our Organizations: AK Party, Turkish, REUTERS, Hamas, Gaza, Hamas's, Jerusalem, NATO, European Union, Centre for Economic, Foreign Policy Studies, Brookings, Thomson Locations: Ankara, Turkey, Handout, Israel Turkey, ISTANBUL, Israel, Istanbul, Italy, Turkish, Palestine, Washington

☆ Why Hasn’t Israel Invaded Gaza?
▼ + stars: | 2023-10-27 | by ( Cecelia Smith-Schoenwalder | ) www.usnews.com time to read: +9 min

While Israel has performed raids in Gaza, the larger ground invasion hasn’t happened, and the delay could expose further challenges for Israel’s operations. Additionally, the Biden administration has raised concerns that Israel lacks achievable military goals in Gaza, and the delay could help the country refine its objectives. So far, outside interests have remained mostly on the sidelines of the conflict, but a ground invasion could change that. There has also been some speculation that the ground invasion could be more limited in scope than what has been imagined so far. But waiting any longer for a ground invasion could create a dilemma for Israel: waning international support.

Persons: It’s, ” Natan Sachs, Benjamin Netanyahu, John Kirby, Israel, We’re, we’re, ” Kirby, Joe Biden, “, ”, Biden, doesn't, Ian Hurd, it's, ” Biden, ” Dan Byman, Hossein Amirabdollahian, Jonathan Conricus, Byman, Kirby, We’ve Organizations: Hamas, Brookings Institution, Pentagon, United, United Arab Emirates, White, National Security, Israeli Defense Forces, Northwestern University, Street, Iran’s Quds Force, Quds Force, Center for Strategic, International Studies, ” Iran's, United Nations, General, Israel Defense Forces, ABC Radio Melbourne, Israel, Georgetown University’s School of Foreign Service Locations: Gaza, U.S, Israel, Iraq, Syria, Kuwait, Jordan, Saudi Arabia, United Arab, Iran, The U.S, Tehran, Iran’s Quds, Beirut, Palestine, United States

Those meetings could set the stage for a summit between President Joe Biden and Chinese President Xi Jinping next month on the sidelines of an Asia-Pacific Economic Cooperation forum leaders gathering in San Francisco. Political Cartoons View All 1218 ImagesIn the months that followed that crisis, however, Blinken rescheduled his trip and went to China in June. The Chinese president last came to the U.S. in 2017, when former President Donald Trump hosted him at his Mar-a-Lago resort in Florida. The Chinese president told the governor that “the achievements of China-U.S. relations have not come easily and should be cherished all the more,” according to the official news agency Xinhua. It deteriorated further over a range of issues, including rights abuses, the South China Sea, Taiwan, technology and the COVID-19 pandemic.

Persons: Wang Yi, Antony Blinken, Jake Sullivan, Joe Biden, Xi Jinping, Blinken, Janet Yellen, John Kerry, Gina Raimondo, Sullivan, Wang, Han Zheng, Biden, “ Wang Yi’s, Ryan Hass, John L, ”, Yun Sun, Xi, “ Wang, ” Sun, ” Scott Kennedy, Kennedy, Donald Trump, Gavin Newsom, Chuck Schumer, Schumer, Trump Organizations: WASHINGTON, —, Hamas, Economic Cooperation, Ukraine, General Assembly, Biden, Thornton China Center, Brookings Institute, China Program, Stimson Center, San, APEC, Center for Strategic, International Studies, Chinese Foreign Ministry, U.S . California Gov, Xinhua Locations: East, Europe, U.S, China, Washington, Israel, Russia, Ukraine, Asia, San Francisco, The U.S, Taiwan, South, North Korea, Malta, New York, Lago, Florida, Bali , Indonesia, Beijing, South China Sea

☆ Microsoft, OpenAI-backed AI safety forum names first director, plans advisory board
▼ + stars: | 2023-10-25 | by ( ) www.reuters.com time to read: +1 min

The Frontier Model Forum also said it created a fund to back research into the technology, with initial funding commitments of more than $10 million from its backers and partners. It said its first-ever director would be Chris Meserole, who most recently served as director of AI and emerging technology initiative at the Brookings Institution, a Washington-based think tank. He joins a forum launched in July with a focus on "frontier AI models" that exceed the capabilities present in the most advanced existing models. Industry leaders have warned that such models could have dangerous capabilities sufficient to pose severe risks to public safety. The Frontier Model Forum is backed by ChatGPT-owner OpenAI, Microsoft (MSFT.O), Google's parent Alphabet (GOOGL.O) and AI startup Anthropic.

Persons: Dado Ruvic, Chris Meserole, OpenAI, Juby Babu, Savio D'Souza Organizations: REUTERS, Microsoft, Google, Brookings Institution, Industry, Britain, ChatGPT, Thomson Locations: Washington, Bengaluru

☆ Op-ed: We cannot allow AI to make Big Tech even bigger, argues Steve Case
▼ + stars: | 2023-10-24 | by ( Steve Case | ) www.cnbc.com time to read: +6 min

Policymakers in Washington are now engaged in a wide range of discussions regarding how to prevent AI technology from spinning out of control. Rather than upending the old order, there's a real possibility in this case that disruption will help the big get bigger, with challengers struggling to gain any real traction. In short, AI shouldn't be a vehicle used to ensure that Silicon Valley-based Big Tech can extend its dominance. America has not always remained true to its embrace of bottom-up innovation — and the innovation economy has suffered as a result. This new technology should not be a wedge that further separates the tech world from the rest of America.

Persons: we're, we've, That's worrisome, Ma Bell, Steve Case Organizations: Big Tech, Brookings, America, Carolinas, D.C, Schumer's Locations: Washington, China, Silicon Valley, That's, Silicon, America, Arkansas, Sen

☆ On the Agenda for Australia’s State Visit: China, Trade and a U.S. Marine Band
▼ + stars: | 2023-10-24 | by ( Katie Rogers | More About Katie Rogers | ) www.nytimes.com time to read: +5 min

This week, Mr. Biden is steering American involvement in two overseas wars and monitoring the continuing calamity of a speakerless House of Representatives, and there is another government shutdown crisis looming next month. John F. Kirby, a White House spokesman, played down the idea that global crises could distract Mr. Biden from his visitor, or perhaps even keep him waiting. During Mr. Biden and Mr. Albanese’s time together, which includes a news conference scheduled for Wednesday afternoon, they are expected to emphasize their shared interests. Mr. Biden’s advisers say the administration is supportive of the meeting between Mr. Albanese and Mr. Xi. Mr. Biden and Mr. Albanese are also likely to touch on the dysfunction in Congress.

Persons: Biden, Anthony Albanese, John F, Kirby, Mr, “, ” Mr, ”, Jill Biden, ” Dr, Bruce Jones, Albanese’s, Donald J, Trump, Scott Morrison, Morrison, Albanese, Xi Jinping, Jones, Xi Organizations: Representatives, U.S . Marine, Army and Air Force, China, Center for East Asia Policy, Brookings Institution, East Locations: Australia, United States, Washington, China, Georgia, Britain, Papua New Guinea, Israel, ”, American, Hormuz

☆ Some Israeli Journalists Express Fear About Conveying Dissenting Views
▼ + stars: | 2023-10-21 | by ( Emma Goldberg | More About Emma Goldberg | ) www.nytimes.com time to read: +4 min

Other journalists say they are getting threats and being harassed on social media. In Israel, many journalists are covering the war while processing their own grief and shock over the surprise attacks by Hamas on Oct. 7. Expressing dissenting opinions has become even more fraught than in previous conflicts, said Anat Saragusti, a senior staff member for the 1,500-member Union of Journalists, an Israeli organization with 1,500 members. Journalists and media experts attributed the change to several factors: The attacks by Hamas have been especially traumatizing for Israelis. And the spread of misinformation, particularly on WhatsApp and social media platforms like Facebook and X, formerly known as Twitter, has intensified existing viewpoints.

Persons: ”, Anat Saragusti, ” Ms, Saragusti, Natan Sachs, Mr, Sachs, Benjamin Netanyahu, Netanyahu, “, Tehilla Shwartz, “ It’s, Dr, Shwartz, Tal Shalev, it’s, Shalev, “ I’m Organizations: Union of Journalists, Journalists, Center for Middle East, Brookings Institution, Israel Democracy Institute Locations: Gaza, Israel, Washington

☆ US veto at UN to shield Israel could weaken its Ukraine rallying cry
▼ + stars: | 2023-10-20 | by ( Michelle Nichols | ) www.reuters.com time to read: +6 min

In 2017 and 2018, the United States - under then-President Donald Trump - cast two vetoes to shield its ally Israel, complicating a U.S. campaign to reform the U.N. Human Rights Council. "The wider world will see an equivalence between this veto by the U.S. and Russia's behavior over Ukraine. Israel has since pounded Gaza from the air and imposed a complete siege on the enclave. "We cannot choose to call on the U.N. Charter's principles to protect Ukraine and ignore it for Palestine," the diplomat said. "You have been preaching and lecturing us for decades, especially Western countries, about human rights and international law," he said.

Persons: Andrew Kelly, Donald Trump, Linda Thomas, Greenfield, Joe Biden, Antony Blinken, Biden, Blinken, Nate Evans, U.N, Richard Gowan, Israel, Louis Charbonneau, Jeffrey Feltman, Vassily Nebenzia, Libya's U.N, Taher El, Michelle Nichols, Howard Goller Organizations: United Nations Security Council, REUTERS, UNITED NATIONS, United Nations, Hamas, . Security, Human Rights, Washington, U.S, General Assembly, Crisis, Islamist, Brookings Institution, Reuters, Thomson Locations: Israel, U.N, New York, U.S, Ukraine, Washington, Gaza, West, Russia, China, United States, Moscow, Beijing, Africa, Asia, Europe, Palestine, African, Arab, Russian, Brazil, United

Black students are far less likely to have access to high school personal finance classes. But high schools with a majority of Black students are less likely to have a guaranteed personal finance course in their high schools. The student debt gapBlack borrowers are disproportionately burdened by student loan debt. Student debt can be daunting, but there are scholarships out there for Black students. 4. Credit discriminationRedlining is a well-known form of credit discrimination , but the issue goes beyond mortgages.

Persons: —, Tiffany Aliche, Pell, Biden, There's, Homeownership, doesn't, Aliche Organizations: Service, Finance, The Institute, College, NPR, National Bureau of Economic Research, Housing, Federal Reserve, Civil, Equal, The Association of African American Financial Locations: Brookings, Zillow

☆ US Veto at UN to Shield Israel Could Weaken Its Ukraine Rallying Cry
▼ + stars: | 2023-10-20 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +6 min

Persons: Michelle Nichols UNITED, Donald Trump, Linda Thomas, Greenfield, Joe Biden, Antony Blinken, Biden, Blinken, Nate Evans, U.N, Richard Gowan, Israel, Louis Charbonneau, Jeffrey Feltman, Vassily Nebenzia, Libya's U.N, Taher El, Michelle Nichols, Howard Goller Organizations: Michelle Nichols UNITED NATIONS, Reuters, United Nations, Hamas, . Security, Human Rights, Washington, U.S, General Assembly, Crisis, Islamist, Brookings Institution Locations: Ukraine, Washington, Gaza, Israel, West, Russia, China, United States, U.S, New York, Moscow, Beijing, Africa, Asia, Europe, Palestine, African, Arab, Russian, Brazil, United

☆ Israel 'want to and will' topple Hamas as the government of Gaza, says Brookings' Michael O'Hanlon
▼ + stars: | 2023-10-19 | 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 EmailIsrael 'want to and will' topple Hamas as the government of Gaza, says Brookings' Michael O'HanlonMichael O’Hanlon, Brookings Institution senior fellow in foreign policy, joins 'Squawk Box' to discuss the latest developments in the Israel-Hamas war, President Biden's visit to Israel, his primetime speech tonight on Israel and Ukraine, and more.

Persons: Brookings, Michael O'Hanlon Michael O’Hanlon, Biden's Organizations: Israel, Brookings Institution Locations: Gaza, Israel, Ukraine

☆ Poverty is rising faster in American suburbs as lower-income people are pushed out of big cities
▼ + stars: | 2023-10-19 | by ( Eliza Relman | ) www.businessinsider.com time to read: +3 min

The rate of suburban poverty rose three times faster than urban poverty between 2019 and 2022. The skyrocketing cost of housing in major cities is one factor pushing lower-income people out of cities. But the pandemic has accelerated the trend of suburban poverty rising at a faster rate than urban poverty, according to new US Census data. While the rate of poverty is rising faster in suburbs than in cities overall, cities still have a higher per capita poverty rate on average. In 2022, 9.6% of suburban dwellers lived in poverty, while 16.2% of residents of major cities were poor, Brookings noted.

Persons: —, Louis, Saint Paul, Brookings Organizations: Service, American, Survey, Brookings Institution, Brookings Locations: South, West, Midwest, Suburban, Washington, DC, Houston, San Francisco, Ogden , Utah, St, Minneapolis, Saint

☆ For Republicans, Plan D in the House speaker crisis could require Democrats
▼ + stars: | 2023-10-18 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +6 min

Hardline Republicans axed Rep. Kevin McCarthy, the man who spent years orchestrating his rise to become House speaker, after he relied on Democrats to help pass a short-term funding bill to keep the government open last month. When McCarthy got the boot, McHenry was elevated to become the powerless temporary speaker – known as speaker pro tempore – able to keep the House in session but not to pass any legislation. The mechanism for such an arrangement could be a simple resolution giving McHenry the temporary power to move appropriations legislation. I asked her by email about why having a temporary speaker would be appealing, and she suggested it’s not a good option, but maybe the least bad option in the face of an institutional leadership crisis. In fact, Postell predicted an even more partisan atmosphere if the House speaker was to permanently become a less powerful position.

Persons: you’ve, here’s, Kevin McCarthy, McCarthy’s, Steve Scalise, McCarthy, Scalise, He’ll, Jim Jordan, couldn’t, Sean Hannity, Jordan, Patrick McHenry, McHenry, –, Mike Lawler, CNN’s Manu Raju, Jordan’s, Newt Gingrich, John Boehner, Paul Ryan –, ” Gingrich, Raju, Hakeem Jeffries, ”, Jeffries, ” Jeffries, Sarah Binder, it’s, ” Binder, bipartisanship, Joseph Postell, Postell, ” Postell Organizations: CNN, Republicans, Caucus, Fox News, ’, Republican, Israel, ”, New York Republican, Republican House, McHenry, Representatives, Brookings Institution, George Washington University, Democrats, Hillsdale College Locations: McHenry, “ America

☆ Millennials, Gen Z Mistakenly Bet on Inheritance From Boomer Parents
▼ + stars: | 2023-10-18 | by ( Ann C. Logue | ) www.businessinsider.com time to read: +14 min

When she died, Grandma Sue left the most common form of inheritance, called an accidental bequest, which is simply the money left over when someone dies. The New York Times reported on a coming inheritance wealth boom in 2023, 2019, 2014, 2008, and 1999. Even for families with incomes in the 51% to 90% range of earners, the average inheritance was $46,000 — hardly life-changing money. Researchers have been talking about the coming Great Wealth Transfer for at least a quarter of a century. But the reality is that all the wealth boomers are sitting on probably won't end up fixing our collective financial problems.

Persons: Grandma Sue, Grandma Sue's, —, Xers, Gen Zers, Xer, shouldn't, Edward Wolff of, Maury Gittleman, Wolff, Gittleman, Michael Bloomberg, Warren Buffett, Larry Ellison, Bill Gates, Isabel Sawhill, It's, Penn, there's, they're, Bank of America cardholders, Joseph Smith, haven't, boomer, Ann Logue Organizations: Social Security, Medicaid, Boomers, Federal Reserve, New York Times, Edward Wolff of New York University, US Bureau of Labor Statistics, Federal, Brookings Institution, University of Pennsylvania, Penn, Medicare, Family Foundation, Bank of America, Consumer, Department of, Northwestern Mutual, IRS Locations: Northwestern, Chicago

☆ US oil production just hit an all-time high. 'Millions of people will die,' if this trend continues, a Stanford climate scientist said.
▼ + stars: | 2023-10-17 | by ( Seth Borenstein | Associated Press | ) www.businessinsider.com time to read: +6 min

US oil production reached an all-time high last week at 13.2 million barrels per day. If this trend continues, "millions of people will die," Stanford climate scientist Rob Jackson said. And it conflicts with oft-repeated Republican talking points of a Biden "war on American energy." Weekly domestic oil production has doubled from the first week in October 2012 to now. US oil production reached an all time high recently.

Persons: Biden, Rob Jackson, Bill Hare, Hare, John Sterman, Jackson, Samantha Gross, Gross, Stanford's Jackson, Joe Biden, Susan Walsh Biden's, Jared Bernstein, Bernstein, They've, Joshua Boak Organizations: Service, United, Biden, U.S . Department of Energy's Energy, Administration, United Nations, United Arab Emirates, Exxon, Mobil, Cote d'Ivorie, Climate Interactive, Stanford University, Carbon, White, Brookings Institution, Energy, EIA, AP, American Energy, Republican, House Energy, Commerce, White House Council, Economic Advisers, Wildlife Locations: Stanford, United States, Norway, Australia, United Kingdom, Canada, France, Shell, Guyana, Cote, Saudi Arabia, Alaska, Washington ,

WASHINGTON (AP) — Charles and Kathleen Moore are about to have their day in the Supreme Court over a $15,000 tax bill they contend is unconstitutional. "If you haven’t received any income, how can you be required to pay income taxes?” Charles Moore asks in a video posted by the Competitive Enterprise Institute. But far from being a passive investor with no influence over the company, Moore, who worked at Microsoft during his career in software development, served on KisanKraft's board of directors for five years. One other inconsistency is that while the Moores say they jointly invested the money, only Charles Moore's name appears in company documents. Rosenthal said that “the ugly facts matter” and that the justices could return the Moores' case to a lower court without ruling on it.

Persons: — Charles, Kathleen Moore, Charles Moore, Moores, Paul Clement said, Donald Trump, haven’t, ” Charles Moore, Moore, Charles, KisanKraft, ” Mindy Herzfeld, Charles Moore's, ”, Reuven Avi, Yonah, Andrew Grossman, Steven Rosenthal, Rosenthal, John Roberts, Clarence Thomas, Ginni, Ravindra “ Ravi ” Kumar Agrawal, “, ” Moore, Samuel Alito, David Rivkin, Alito, Rivkin, Fatima Hussein Organizations: WASHINGTON, Enterprise Institute, Foundation, Republican, U.S . Chamber of Commerce, Competitive Enterprise Institute, Microsoft, University of Florida, KisanKraft, University of Michigan, Associated Press, Urban, Brookings Tax, Center, Moores, ___ Associated Locations: Redmond , Washington, India, county Limerick, Ireland, Nebraska, Colorado, Washington, ___

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