Nostr notes by The Washington Post

In a stunner, Alysa Liu completes return to skating with gold at ...

2025-03-29T21:07:47Z

In a stunner, Alysa Liu completes return to skating with gold at worlds
==========

Alysa Liu made a stunning comeback to competitive figure skating by winning the women's gold at the 2025 World Figure Skating Championships in Boston—the first American woman to do so since 2006. Liu, once a teenage prodigy who quit skating after the 2022 Olympics, returned with a joyful and dazzling performance. Her gold-medal win, with a score of 222.97, led a strong U.S. showing with Isabeau Levito finishing fourth and Amber Glenn fifth. Her performance to Donna Summer's music symbolized freedom and fun, marking a hopeful resurgence for U.S. women's figure skating ahead of the 2026 Milan-Cortina Olympics.

https://www.washingtonpost.com/sports/olympics/2025/03/28/alysa-liu-figure-skating-world-title/

In a stunner, Alysa Liu completes return to skating with gold at ...

2025-03-29T20:26:47Z

In a stunner, Alysa Liu completes return to skating with gold at ...

2025-03-29T19:45:47Z

In a stunner, Alysa Liu completes return to skating with gold at ...

2025-03-29T19:05:03Z

In a stunner, Alysa Liu completes return to skating with gold at ...

2025-03-29T18:24:05Z

In a stunner, Alysa Liu completes return to skating with gold at ...

2025-03-29T17:43:03Z

In a stunner, Alysa Liu completes return to skating with gold at ...

2025-03-29T17:02:00Z

#note1lj8…phpg

2024-10-18T03:13:40Z

In reply to nevent1q…yyst
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quoting note1lj8…phpg
FTC's New Rule Simplifies Subscription Cancellations for Consumers
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#2d4dd656 ver:0.21

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#newstr #Ftc #Subscriptions #ConsumerProtection #ClickToCancel #BidenAdministration #Regulations #Complaints #Politics #Business #Law

https://here.news/story/2d4dd656?ver=0.21

The FTC is making it easier to cancel subscriptions. Here’s ...

2024-10-18T03:13:29Z

The FTC is making it easier to cancel subscriptions. Here’s what to know.
==========

The FTC's new 'click to cancel' rule mandates that subscription services, including Netflix, must allow cancellation in as many steps as it takes to sign up; the rule aims to simplify the cancellation process, which has been complicated by companies requiring in-person cancellations or hiding cancellation buttons; the vote on the rule was 3-2, with opposition from two Republican commissioners; the rule addresses a rise in complaints about subscription cancellations, increasing from 21 per day in 2021 to 70 per day in 2024; the Biden administration began working on this policy in 2021 and proposed it in March 2023, receiving 16,000 public comments; the rule amends the 1973 Negative Option Rule, which lacked modern updates; companies violating the rule face civil penalties; the rule is expected to take effect in April 2025, 180 days after publication in the Federal Register.

#Ftc #Subscriptions #ConsumerProtection #ClickToCancel #BidenAdministration #Regulations #Complaints #Politics #Business #Law

https://www.washingtonpost.com/business/2024/10/17/ftc-subscriptions-click-to-cancel-unsubscribe/

#note1p9q…g6h5

2024-10-17T05:19:42Z

In reply to nevent1q…5n8c
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quoting note1p9q…g6h5
Amazon Doubles Down on Nuclear Energy with Investment in SMRs
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#916e8db0 ver:0.45

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#newstr #Amazon #NuclearEnergy #SmallModularReactors #Xenergy #KairosPower #DataCenters #RenewableEnergy #Technology #Investment #CarbonEmissions

https://here.news/story/916e8db0?ver=0.45

Amazon doubles down on nuclear energy with deal for small ...

2024-10-17T05:19:30Z

Amazon doubles down on nuclear energy with deal for small reactors
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Amazon is investing in small modular nuclear reactors (SMRs) to meet energy demands for its data centers; the company is leading a $500 million funding round for X-Energy Reactor; Amazon plans to bring over 5 gigawatts of power online by 2039; four initial reactors are expected to generate 320 megawatts, potentially increasing to 960 megawatts, enough for 770,000 homes; the first Kairos Power SMR is projected to come online by 2030; the technology is still in early development with no SMRs currently operational in the U.S.; challenges include nuclear waste management and community safety concerns.

#Amazon #NuclearEnergy #SmallModularReactors #Xenergy #KairosPower #DataCenters #RenewableEnergy #Technology #Investment #CarbonEmissions

https://www.washingtonpost.com/business/2024/10/16/amazon-smr-nuclear/

#note1w0c…u2hq

2024-10-16T10:53:02Z

In reply to nevent1q…fvee
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quoting note1w0c…u2hq
Can Trump's Tariff Strategy Revitalize American Manufacturing Without Causing Inflation?
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#98663db5 ver:0.79

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#newstr #Trump #Tariffs #Economy #Trade #Inflation #StockMarket #Jobs #InternationalRelations #Wto #ConsumerPrices

https://here.news/story/98663db5?ver=0.79

'Off the charts:' How Trump tariffs would shock U.S., ...

2024-10-16T10:52:51Z

'Off the charts:' How Trump tariffs would shock U.S., world economies
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Donald Trump proposes significant tariff increases, including 10-20% on all imports and up to 60% on Chinese goods; these tariffs could lead to higher consumer prices, stock market volatility, and international trade disputes; Trump's plans could generate 3 million jobs but also raise costs for U.S. households by $2,600 to $7,600 annually; economists warn of potential economic disruption and retaliatory tariffs from other nations; Trump's tariffs would violate WTO commitments and could lead to a contraction in the S&P 500 by over 10%; the article cites a Reuters-Ipsos poll showing over half of voters support tariffs.

#Trump #Tariffs #Economy #Trade #Inflation #StockMarket #Jobs #InternationalRelations #Wto #ConsumerPrices

https://www.washingtonpost.com/business/2024/10/16/trump-tariffs-impact-economy/

#note1hca…yux7

2024-10-15T17:48:17Z

In reply to nevent1q…tzkj
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quoting note1hca…yux7
Harris and Trump Ramp Up Campaigns as Polls Tighten Ahead of 2024 Election
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#e6a815d1 ver:1.05

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#newstr #Election2024 #KamalaHarris #DonaldTrump #Polling #Detroit #Chicago #Georgia #CharlamagneThaGod #BlackVoters #EconomicClub

https://here.news/story/e6a815d1?ver=1.05

Election 2024 live updates: Harris to appear in Detroit with ...

2024-10-15T17:48:06Z

Election 2024 live updates: Harris to appear in Detroit with Charlamagne tha God; Trump in Chicago
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Vice President Kamala Harris will interview with Charlamagne tha God in Detroit on Tuesday, focusing on outreach to Black voters; Former President Donald Trump will speak at the Economic Club of Chicago before heading to Georgia for events, including a Fox News town hall in Cumming; Polls show Harris leading in Pennsylvania, Michigan, and Wisconsin, while Trump leads in Georgia and Arizona; National polling averages indicate Harris leads by two points.

#Election2024 #KamalaHarris #DonaldTrump #Polling #Detroit #Chicago #Georgia #CharlamagneThaGod #BlackVoters #EconomicClub

https://www.washingtonpost.com/elections/2024/10/15/2024-election-campaign-updates-harris-trump/

#note19ac…q5k6

2024-10-14T06:57:19Z

In reply to nevent1q…5p03
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quoting note19ac…q5k6
Biden Deploys THAAD System to Israel Amid Escalating Conflict
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#7fa5a581 ver:0.56

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#newstr #Biden #Israel #Thaad #Iran #Gaza #Military #Conflict #MiddleEast #Hamas #Hezbollah

https://here.news/story/7fa5a581?ver=0.56

Biden sends antimissile system and 100 troops to Israel, ...

2024-10-14T06:57:08Z

Biden sends antimissile system and 100 troops to Israel, deepening U.S. role
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The U.S. is deploying a Terminal High Altitude Area Defense (THAAD) system and 100 troops to Israel, marking the first significant troop deployment since the Gaza war began; this decision comes three weeks before the U.S. presidential election; over 50,000 tons of military equipment have been sent to Israel since the war started in October 2023; Israel's defense minister, Yoav Gallant, has promised a powerful attack against Iran in response to missile strikes; the THAAD system is designed to counter ballistic missiles and will augment Israel's air defense; the Biden administration has imposed economic sanctions on Iran's petroleum industry; the conflict has resulted in over 42,000 deaths in Gaza and significant political division in the U.S.; the Israel-Gaza war began on October 7, 2023, following a Hamas attack that killed 1,200 people.

#Biden #Israel #Thaad #Iran #Gaza #Military #Conflict #MiddleEast #Hamas #Hezbollah

https://www.washingtonpost.com/national-security/2024/10/13/biden-thaad-missile-defense-israel/

#note1g3p…0qpn

2024-10-11T18:03:36Z

In reply to nevent1q…tjpd
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quoting note1g3p…0qpn
How Are Trump and Harris Navigating the 2024 Election Landscape?
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#e6a815d1 ver:0.96

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#newstr #Election2024 #Trump #Harris #Aurora #Reno #Campaign #Politics #Polls #Hurricanes #Gangs

https://here.news/story/e6a815d1?ver=0.96

Election 2024 live updates: Trump to campaign in Aurora, Colo., ...

2024-10-11T18:03:22Z

Election 2024 live updates: Trump to campaign in Aurora, Colo., site of false claims about gangs
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Former President Donald Trump is scheduled to campaign on October 11, 2024, in Aurora, Colorado, where he has made false claims about Venezuelan gangs taking over the city; Aurora's Republican mayor has disputed these claims; Trump will also hold a rally later that day in Reno, Nevada; Vice President Kamala Harris is campaigning in Arizona and will join President Joe Biden virtually for updates on Hurricanes Milton and Helene.

#Election2024 #Trump #Harris #Aurora #Reno #Campaign #Politics #Polls #Hurricanes #Gangs

https://www.washingtonpost.com/elections/2024/10/11/2024-election-campaign-updates-harris-trump/

Friday briefing: Obama’s plan to help Harris; Tyre Nichols; ...

2024-10-04T12:56:15Z

Friday briefing: Obama’s plan to help Harris; Tyre Nichols; port strike deal; Helene’s toll; plastic-eating bacteria; and more
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Barack Obama will campaign for Kamala Harris starting October 3, 2024, in Pittsburgh; Obama is the most popular Democrat; Donald Trump’s ad falsely claims Harris would raise taxes; three ex-police officers were found guilty related to Tyre Nichols' death; dockworkers agreed to a 62% raise, ending a strike that threatened the economy; Israel intensified military actions in Lebanon, killing at least 28 medical workers; a Georgia school shooter had years of missed warnings; less than 1% of homes in flood-hit Buncombe County, N.C., have flood insurance; plastic-eating bacteria found in wastewater could help combat plastic pollution.

#Obama #Harris #TyreNichols #Dockworkers #Israel #Georgia #Helene #PlasticPollution #CurrentEvents #Politics

https://www.washingtonpost.com/the-seven/2024/10/04/what-to-know-for-october-4/

#note1cfr…6phm

2024-10-01T06:58:40Z

In reply to nevent1q…sj72
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quoting note1cfr…6phm
East Coast Port Strike: A Looming Economic Crisis
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#d6f7f168 ver:1.32

...

#newstr #Strike #Longshoremen #Ila #Usmx #Ports #Wages #Labor #Economy #SupplyChain #Biden

https://here.news/story/d6f7f168?ver=1.32

Port strike freezes shipping on East Coast, dealing blow to ...

2024-10-01T06:58:29Z

Port strike freezes shipping on East Coast, dealing blow to economy
==========

Tens of thousands of dockworkers launched a strike on October 1, 2024, at East Coast and Gulf of Mexico ports, disrupting over half of U.S. cargo container trade; the strike follows failed negotiations between the International Longshoremen’s Association (ILA) and the U.S. Maritime Alliance (USMX), which offered 50% raises; ILA represents 47,000 workers, with President Harold Daggett blaming shipping lines' greed for the strike; the economic impact could reach $3.78 billion for a week-long strike; major ports affected include New York, Baltimore, Norfolk, Savannah, and Houston; the White House has been involved in negotiations but President Biden opposes using emergency powers to end the strike; the current contract provides top wages of $39/hour, with the union seeking significant raises and protections against automation.

#PortStrike #Shipping #Economy #Longshoremen #LaborDispute #Biden #Ila #Usmx #EconomicImpact #2024Election

https://www.washingtonpost.com/business/2024/10/01/port-strike-shutdown-east-coast-dockworkers-union/

Disruption looms at East Coast ports as longshoremen prepare to ...

2024-09-28T12:01:59Z

Disruption looms at East Coast ports as longshoremen prepare to strike
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Thousands of longshoremen at East Coast ports are set to strike on October 1, 2024, marking the first walkout in nearly 50 years; a strike could cost the U.S. economy up to $1 billion per day; the International Longshoremen’s Association (ILA) has 47,000 members and is negotiating with the U.S. Maritime Alliance; the current labor contract expires on September 30, 2024; the last ILA strike lasted 45 days in 1977; the strike could disrupt shipping of goods, including cars and electronics, affecting major ports like New York, Baltimore, and Houston; the Biden administration faces pressure to intervene, but has not shown willingness; longshoremen's pay varies, with a top rate of $39/hour and median annual pay around $160,000; the union argues for fair compensation amid rising profits in the shipping industry; the National Retail Federation warns of devastating impacts from a strike.

#Longshoremen #Strike #EastCoast #Shipping #Economy #Labor #Biden #Ports #Ila #Usmx

https://www.washingtonpost.com/business/2024/09/28/port-strike-longshoremen-union-shipping/

#note13jg…t32t

2024-09-28T03:04:37Z

In reply to nevent1q…0x7t
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quoting note13jg…t32t
Trump and Harris Clash Over Immigration and Economic Policies in Key States
===============
#d2be180c ver:1.5

...

#newstr #Harris #Trump #Immigration #Ukraine #2024Election #Campaign #Politics #Autoworkers #Zelensky #Putin

https://here.news/story/d2be180c?ver=1.5

Harris spoke in Arizona on immigration; Trump campaigned in ...

2024-09-28T03:04:26Z

Harris spoke in Arizona on immigration; Trump campaigned in Michigan
==========

Vice President Kamala Harris visited the U.S.-Mexico border near Douglas, Arizona, to discuss immigration policy; Former President Donald Trump campaigned in Michigan targeting autoworkers. Trump met with Ukrainian President Volodymyr Zelensky in New York, expressing a desire to broker peace with Russia and claiming a 'very good relationship' with Russian President Vladimir Putin. Harris had previously met with Zelensky in Washington, reaffirming U.S. support for Ukraine against Russian aggression.

#Harris #Trump #Immigration #Ukraine #2024Election #Campaign #Politics #Autoworkers #Zelensky #Putin

https://www.washingtonpost.com/politics/2024/09/27/2024-election-campaign-updates-harris-trump/

#note1d34…gqwt

2024-09-26T00:40:40Z

In reply to nevent1q…493u
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quoting note1d34…gqwt
Harris and Trump Battle Over Economic Policies in Pennsylvania
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#34e8d7c4 ver:0.41

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#newstr #2024Election #KamalaHarris #DonaldTrump #Economy #IranThreats #BernieMoreno #Debate #LegalFund #SwingStates #Republican

https://here.news/story/34e8d7c4?ver=0.41

Election 2024 live updates: Trump returns to N.C.; Harris ...

2024-09-26T00:40:28Z

Election 2024 live updates: Trump returns to N.C.; Harris delivers economic address in Pa.
==========

Former President Donald Trump campaigned in Mint Hill, North Carolina on September 25, 2024; he threatened to retaliate against Iran if it attacked a U.S. presidential candidate and criticized the FBI regarding assassination attempts against him; Vice President Kamala Harris delivered an economic address in Pittsburgh, Pennsylvania, a crucial state for both campaigns; Trump was unharmed in a potential assassination attempt involving a man with a rifle at a Florida golf course; Ryan Wesley Routh, 58, was arrested in connection to this incident.

#Election2024 #Trump #Harris #NorthCarolina #Pennsylvania #AssassinationAttempt #EconomicPolicy #Campaign #Politics #LiveUpdates

https://www.washingtonpost.com/elections/2024/09/25/2024-election-campaign-updates-harris-trump/

Harris shows gains in latest Post polling average; Trump resists ...

2024-09-23T02:14:22Z

Harris shows gains in latest Post polling average; Trump resists another debate
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Vice President Kamala Harris attended a fundraiser in New York on September 17, 2024, to strengthen her financial position against Donald Trump; she expressed interest in a debate on CNN scheduled for October 23, 2024, while Trump dismissed the idea, claiming it was 'too late' due to early voting; The Washington Post's polling average indicates Harris leads Trump by two percentage points nationally, showing a slight increase following the September 10 debate on ABC News; Trump was recently unharmed in a potential assassination attempt at a Florida golf course.

#KamalaHarris #DonaldTrump #2024Election #Polling #Debate #Fundraiser #AssassinationAttempt #PoliticalCampaign

https://www.washingtonpost.com/elections/2024/09/22/2024-election-campaign-updates-harris-trump/

#note1gyv…fpgk

2024-09-20T10:49:40Z

In reply to nevent1q…7gpa
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quoting note1gyv…fpgk
Trump's Tariff Proposals Spark GOP Division Amid Economic Concerns
===============
#98663db5 ver:0.21

...

#newstr #Trump #Tariffs #Gop #Trade #Economy #2024Election #Politics #GlobalTrade #Republicans #EconomicPolicy

https://here.news/story/98663db5?ver=0.21

GOP downplays Trump’s increasingly extreme threats to global ...

2024-09-20T10:49:28Z

GOP downplays Trump’s increasingly extreme threats to global trade
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Donald Trump proposed a U.S. sovereign wealth fund funded by tariffs during a speech at the Economic Club of New York on September 5, 2024; Trump has called for tariffs on all $3 trillion in U.S. imports, claiming they can solve various economic issues; Republican lawmakers downplay Trump's extreme trade proposals, viewing them as negotiation tactics; Trump imposed tariffs on $380 billion in imports during his first term, primarily targeting China; GOP senators, including Mitch McConnell and Ron Johnson, have expressed disapproval of Trump's aggressive tariff plans; Trump's proposals could lead to a median household income drop of over $2,600 according to the Peterson Institute for International Economics; Trump has suggested a 10-20% automatic tariff on all trading partners; The Committee for a Responsible Federal Budget estimates a 10% tariff could raise $2.5 trillion in revenue; Trump's rhetoric has intensified since leaving office, raising fears of a global trade war; GOP lawmakers are divided, with some viewing Trump's tariffs as a warning to foreign nations.

#Trump #Tariffs #Gop #Trade #Economy #2024Election #Politics #GlobalTrade #Republicans #EconomicPolicy

https://www.washingtonpost.com/business/2024/09/20/trump-tariff-trade-gop/

#note1kex…z2um

2024-09-18T20:40:53Z

In reply to nevent1q…xamm
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quoting note1kex…z2um
What Does the Fed's 0.5% Rate Cut Signal for the Economy?
===============
#504cefd6 ver:2.41

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#newstr #FederalReserve #InterestRates #Economy #JeromePowell #Inflation #JobMarket #September2024 #FinancialNews #UsEconomy #BorrowingCosts

https://here.news/story/504cefd6?ver=2.41

Fed cuts interest rates by a half-point, more expected this year ...

2024-09-18T20:40:41Z

Fed cuts interest rates by a half-point, more expected this year
==========

The Federal Reserve cut interest rates by a half-point on September 18, 2024, marking the first reduction since the pandemic began; the benchmark rate is now between 4.75 and 5 percent; Fed Chair Jerome H. Powell described the U.S. economy as 'strong overall'; the decision aims to alleviate pressure on households and businesses facing high borrowing costs; inflation is easing, and the Fed is under pressure to prevent further slowdown in the job market.

#FederalReserve #InterestRates #Economy #JeromePowell #Inflation #JobMarket #September2024 #FinancialNews #UsEconomy #BorrowingCosts

https://www.washingtonpost.com/business/2024/09/18/fed-meeting-interest-rate-cut-decision-live-fomc/

#note15af…zg5m

2024-09-18T11:01:42Z

In reply to nevent1q…m4yl
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quoting note15af…zg5m
What Will the Fed's Rate Cut Mean for Consumers and Businesses?
===============
#504cefd6 ver:2.22

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#newstr #FederalReserve #InterestRates #Economy #Inflation #HousingMarket #Stocks #BorrowingCosts #JobCreation #MiddleClass #FinancialMarkets

https://here.news/story/504cefd6?ver=2.22

What the Fed’s rate cut means for consumers, businesses and ...

2024-09-18T11:01:30Z

What the Fed’s rate cut means for consumers, businesses and investors
==========

The Federal Reserve is set to cut interest rates for the first time in four years on September 18, 2024; the current benchmark rate is between 5.25 and 5.5 percent, the highest in over 20 years; economists predict a reduction of a quarter to half a percentage point; Joe Brusuelas, chief economist at RSM US, states this will improve the material well-being of all Americans; Michael Madowitz from the Roosevelt Institute claims it will benefit the middle class and signal a recovery in the economy; the rate cut will impact mortgage rates, credit cards, car loans, savings interest rates, the stock market, and inflation.

#FederalReserve #InterestRates #Economy #Inflation #HousingMarket #Stocks #BorrowingCosts #JobCreation #MiddleClass #FinancialMarkets

https://www.washingtonpost.com/business/2024/09/18/fed-interest-rate-cut-mortgage-car-loans/

#note1m58…gply

2024-09-17T01:14:21Z

In reply to nevent1q…2muk
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quoting note1m58…gply
TikTok's Legal Battle: Can It Survive the Ban Threat?
===============
#c42eda2b ver:1.47

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#newstr #Tiktok #Ban #Congress #FirstAmendment #LegalBattle #Privacy #SocialMedia #Bytedance #UsGovernment #DataProtection

https://here.news/story/c42eda2b?ver=1.47

Yes, TikTok could still be banned. Here’s what you should know. ...

2024-09-17T01:14:09Z

Yes, TikTok could still be banned. Here’s what you should know.
==========

Congress passed a law in April 2024 requiring TikTok to shut down or sell to a non-Chinese owner; TikTok argues that a sale is impossible and a ban infringes on First Amendment rights; legal battle ongoing as January 19, 2025 deadline approaches; both major-party presidential candidates gaining large followings on TikTok; TikTok supporters protested outside the U.S. Capitol in March 2024.

#Tiktok #Ban #Congress #FirstAmendment #LegalBattle #Privacy #SocialMedia #Bytedance #UsGovernment #DataProtection

https://www.washingtonpost.com/technology/2024/09/16/tiktok-ban-date-court-explained-bytedance/

#note13pq…40yy

2024-09-16T12:08:37Z

In reply to nevent1q…ycvv
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quoting note13pq…40yy
How Will Los Angeles 2028 Build on Paris 2024's Legacy?
===============
#f8f7fcf9 ver:0.64

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#newstr #Olympics #Paris2024 #LosAngeles2028 #NaziTraditions #Antifascism #Propaganda #TorchRelay #Ceremonies #History #Culture

https://here.news/story/f8f7fcf9?ver=0.64

Paris overturned the Olympics’ Nazi traditions. L.A. 2028 can ...

2024-09-16T12:08:26Z

Paris overturned the Olympics’ Nazi traditions. L.A. 2028 can follow its example.
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The 1936 Olympics in Berlin were used by the Nazis as a propaganda tool; Paris 2024 challenged this legacy with anti-fascist performances; Los Angeles 2028 must decide whether to continue Paris's innovations; the torch relay and stadium focus were originally Nazi inventions; Paris's Opening Ceremony featured a decentralized performance across the city, contrasting with the centralized Nazi approach; the cauldron was lit in a peaceful setting, symbolizing serenity rather than struggle; Paris emphasized bodily enjoyment and diversity, countering Nazi ideals of bodily perfection; L.A. 2028 has the opportunity to create new traditions or revert to old symbols; the handover of the Olympic flag from Paris to L.A. included both traditional and innovative elements.

#Olympics #Paris2024 #LosAngeles2028 #NaziTraditions #Antifascism #Propaganda #TorchRelay #Ceremonies #History #Culture

https://www.washingtonpost.com/opinions/2024/09/16/olympics-paris-2028-nazi-traditions/

#note1s7z…vgtz

2024-09-13T22:42:49Z

In reply to nevent1q…nls2
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quoting note1s7z…vgtz
Biden Administration Delays Decision on Nippon Steel's U.S. Steel Acquisition
===============
#3f84714e ver:1.44

...

#newstr #UsSteel #NipponSteel #Biden #Acquisition #Pennsylvania #Economy #Politics #Labor #Union #Cfius

https://here.news/story/3f84714e?ver=1.44

White House officials signal delay in U.S. Steel takeover ...

2024-09-13T22:42:38Z

White House officials signal delay in U.S. Steel takeover decision
==========

White House officials indicate President Joe Biden will delay blocking Nippon Steel's $14.9 billion acquisition of U.S. Steel; concerns arise over political and economic consequences of halting the deal; internal deliberations have slowed since last week; White House spokeswoman Saloni Sharma states no imminent announcement was planned; U.S. Steel shares rose over 12% amid optimism about the deal; United Steelworkers union opposes the acquisition, fearing job losses; Biden's opposition aligns with the union's stance; significant pushback from Pennsylvania Democrats and local officials; U.S. Steel CEO David Burritt warns of 'unavoidable consequences' if the deal collapses; $2.7 billion investment from Nippon Steel at stake; CFIUS review ongoing, chaired by Treasury Secretary Janet L. Yellen; political implications for the 2024 election highlighted.

#UsSteel #NipponSteel #Biden #Acquisition #Pennsylvania #Economy #Politics #Labor #Union #Cfius

https://www.washingtonpost.com/business/2024/09/13/biden-nippon-steel-deal-election/

#note17aj…mdwy

2024-09-12T23:13:01Z

In reply to nevent1q…jy87
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quoting note17aj…mdwy
Biden Administration Unveils 15% Minimum Tax for Major Corporations
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#e5ba6c40 ver:1.42

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#newstr #Biden #Tax #CorporateTax #InflationReductionAct #2024Election #TreasuryDepartment #MinimumTax #Business #Lobbying #EconomicPolicy

https://here.news/story/e5ba6c40?ver=1.42

Biden administration releases plans for new minimum tax on large ...

2024-09-12T23:12:49Z

Biden administration releases plans for new minimum tax on large companies
==========

The Biden administration released draft rules for a new minimum tax targeting about 100 large, profitable companies that currently pay little to no federal taxes; the proposal is part of a broader tax law reexamination set for 2025; the corporate minimum tax, established at 15% for companies reporting over $1 billion in income, is expected to generate $250 billion over the next decade; companies like Amazon, AT&T, and Berkshire Hathaway may be affected; the tax took effect in 2023, but many companies have yet to file returns; the Treasury Department will seek public comment on the proposal; criticism from major lobbying groups has emerged, with concerns about tax code complexity and potential job impacts; the outcome of the 2024 election will significantly influence the future of U.S. tax policy.

#Biden #Tax #CorporateTax #InflationReductionAct #2024Election #TreasuryDepartment #MinimumTax #Business #Lobbying #EconomicPolicy

https://www.washingtonpost.com/business/2024/09/12/corporate-minimum-tax-biden-administration/

#note16ra…0rvy

2024-09-11T23:48:22Z

In reply to nevent1q…jvv8
_________________________

quoting note16ra…0rvy
Fearless Fund Ends Grant Program Amid Legal Settlement
===============
#8a9234d4 ver:0.09

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#newstr #FearlessFund #Dei #Lawsuit #BlackWomen #ArianSimone #EdwardBlum #SupremeCourt #Funding #Startups #Diversity

https://here.news/story/8a9234d4?ver=0.09

Fearless Fund settles with DEI foes, ends grant program for Black ...

2024-09-11T23:48:11Z

Fearless Fund settles with DEI foes, ends grant program for Black women
==========

Fearless Fund will end its grant program for Black women to settle a lawsuit with affirmative action opponents; the decision follows a ruling by the U.S. Court of Appeals for the 11th Circuit; Edward Blum, a conservative activist, argues race-exclusive programs are illegal; the lawsuit was initiated after the Supreme Court's June 2023 ruling against race-conscious admissions; Rev. Al Sharpton advised settling due to poor odds of victory; over 100 lawsuits challenging DEI programs have been filed since 2021; Black-founded startups received only $705 million in 2023, a 71% drop from 2022; legal experts warn of a chilling effect on funding for minority-owned startups.

#FearlessFund #Dei #Lawsuit #BlackWomen #ArianSimone #EdwardBlum #SupremeCourt #Funding #Startups #Diversity

https://www.washingtonpost.com/business/2024/09/11/fearless-fund-edward-blum-settlement/

#note1n6g…090y

2024-09-06T23:00:28Z

In reply to nevent1q…x9ws
_________________________

quoting note1n6g…090y
Wall Street Faces Turbulence Amid Chip Industry Fears and Economic Uncertainty
===============
#95d93da3 ver:1.55

...

#newstr #Stocks #Nasdaq #Broadcom #Semiconductors #EconomicUncertainty #InterestRates #JobMarket #Volatility #TechIndustry #Investors

https://here.news/story/95d93da3?ver=1.55

Stocks slide as chip industry fears, economic uncertainty weigh ...

2024-09-06T23:00:17Z

Stocks slide as chip industry fears, economic uncertainty weigh on markets
==========

U.S. markets faced significant declines in early September 2024; Nasdaq down 6% for the week, worst since January 2022; S&P 500 down 4%, Dow Jones down 3%, both worst since March 2023; Broadcom's revenue forecast disappointment led to a 10% drop in its stock; Nvidia down over 4%, Qualcomm down over 3%, Intel down 2%; Analyst Tom Essaye noted a rotation out of high-profile tech stocks; Mixed economic data and political uncertainty causing volatility; August jobs report showed a slowdown with a 3-month average job gain of 39.1K, below pre-pandemic average; Fed governor Christopher Waller indicated potential multiple rate cuts; Carol Schleif expects elevated volatility until the presidential election but anticipates solid 2025 earnings.

#Stocks #Nasdaq #Broadcom #Semiconductors #EconomicUncertainty #InterestRates #JobMarket #Volatility #TechIndustry #Investors

https://www.washingtonpost.com/business/2024/09/06/nasdaq-sp500-dow-semiconductors/

Employers added 142,000 jobs in August, as labor market cools ...

2024-09-06T16:46:35Z

Employers added 142,000 jobs in August, as labor market cools
==========

Employers added 142,000 jobs in August 2024; unemployment rate fell to 4.2%; job gains weaker than predicted 161,000; July's job gains revised down by 86,000; construction added 34,000 jobs; health care added 31,000 jobs; public sector added 24,000 jobs; manufacturing lost 24,000 jobs; wage growth increased by 3.8% year-over-year; Federal Reserve expected to cut interest rates in mid-September; concerns about labor market cooling; mixed signals for policymakers; President Biden praised the report; Donald Trump's campaign criticized it; labor market cooling over the past year; temporary layoffs declined by 190,000; participation rate for ages 25-54 at highs; recession fears due to unemployment spike in July.

#Jobs #Unemployment #Economy #FederalReserve #WageGrowth #Construction #HealthCare #Politics #LaborMarket #Recession

https://www.washingtonpost.com/business/2024/09/06/august-jobs-unemployment-labor-market/

#note14vx…xavz

2024-09-05T20:01:17Z

In reply to nevent1q…wcpp
_________________________

quoting note14vx…xavz
Trump and Harris Gear Up for Key Debate Amid Economic Discourse
===============
#c8bd2ade ver:0.43

...

#newstr #Election2024 #Trump #Harris #DebatePrep #EconomicSpeech #Republican #Democrat #Polls #Candidates #Politics

https://here.news/story/c8bd2ade?ver=0.43

Election 2024 live updates: Trump delivers economic speech; ...

2024-09-05T20:01:04Z

Election 2024 live updates: Trump delivers economic speech; Harris in Pittsburgh for debate prep
==========

Former President Donald Trump spoke on September 5, 2024, at the Economic Club of New York, highlighting his administration's achievements and criticizing Vice President Kamala Harris, labeling her 'a Marxist.' Trump proposed a government spending commission with potential oversight by Elon Musk. He is scheduled to speak remotely at a Republican Jewish Coalition event in Las Vegas. Meanwhile, Harris is in Pittsburgh preparing for the presidential debate against Trump on September 10, 2024, with no public campaign events scheduled for her on September 5. Harris has secured the Democratic nomination and selected Minnesota Governor Tim Walz as her running mate, while Trump has chosen Senator JD Vance from Ohio.

#Election2024 #Trump #Harris #DebatePrep #EconomicSpeech #Republican #Democrat #Polls #Candidates #Politics

https://www.washingtonpost.com/elections/2024/09/05/2024-election-campaign-updates-harris-trump/

#note16mc…q7ln

2024-09-01T22:51:37Z

In reply to nevent1q…4ltg
_________________________

quoting note16mc…q7ln
Major Hotel Strike Erupts Across the U.S. on Labor Day Weekend
===============
#814d13a1 ver:0.16

...

#newstr #HotelStrike #LaborDay #UniteHere #Wages #WorkersRights #Hospitality #Union #Protests #TravelDisruption #Covid19

https://here.news/story/814d13a1?ver=0.16

Major hotel strike spreads across U.S. on Labor Day weekend ...

2024-09-01T22:51:26Z

Major hotel strike spreads across U.S. on Labor Day weekend
==========

Thousands of hotel workers walked off the job on September 1, 2024; strikes involve Hilton, Marriott, and Hyatt properties; over 10,000 workers participated in cities including San Francisco, Boston, and Seattle; strikes expected to spread to New Haven, Baltimore, and Oakland; 24 properties affected with over 23,000 rooms; workers demand higher pay, increased staffing, and reduced workloads; union claims hotels cut costs during the pandemic; 15,000 union members voted to authorize strikes in August; Gwen Mills, Unite Here’s president, states workers can't afford to live in cities they serve; previous strikes in 2023 led to wage increases; Christian Carbajal, a 15-year employee, highlights pay cuts and family struggles.

#HotelStrike #LaborDay #UniteHere #Wages #WorkersRights #Hospitality #Union #Protests #TravelDisruption #Covid19

https://www.washingtonpost.com/business/2024/09/01/hotel-strike-union/

#note1766…3gcn

2024-08-26T19:08:10Z

In reply to nevent1q…evkh
_________________________

quoting note1766…3gcn
Trump's Dire Predictions for Harris and the Economy: Reality Check
===============
#8440e2e7 ver:0.81

...

#newstr #DonaldTrump #KamalaHarris #Biden #Predictions #Economy #GasPrices #SecondAmendment #Energy #2024Election #Politics

https://here.news/story/8440e2e7?ver=0.81

Donald Trump is not exactly Nostradamus ========== Donald Trump ...

2024-08-26T19:07:58Z

Donald Trump is not exactly Nostradamus
==========

Donald Trump warns of a hellscape under Kamala Harris; predicts she will obliterate Social Security, destroy the country, and lead to a stock market crash akin to the Great Depression; claims her election would result in Nuclear World War III; past predictions about Biden's administration have proven wrong; Trump predicted a depression in 2020, but the economy has grown under Biden; gas prices peaked at $5.22 under Biden, not the $7-$9 Trump forecasted; U.S. imports from China have decreased; Second Amendment remains intact; police departments not dismantled; fracking and Pennsylvania's energy industry still operational; upcoming election outcome uncertain.

#DonaldTrump #KamalaHarris #Biden #Predictions #Economy #GasPrices #SecondAmendment #Energy #2024Election #Politics

https://www.washingtonpost.com/politics/2024/08/26/trump-predictions-kamala-harris-biden/

#note1jjd…lj6k

2024-08-21T23:10:40Z

In reply to nevent1q…067w
_________________________

quoting note1jjd…lj6k
How is Trump Shaping His Campaign Narrative Amid Economic Claims?
===============
#4b9dbae3 ver:1.45

...

#newstr #Trump #Harris #NorthCarolina #2024Election #Economics #Campaign #Politics #Bls #JobStatistics #Afghanistan

https://here.news/story/4b9dbae3?ver=1.45

Trump attacks U.S. economics data, baselessly alleging electoral ...

2024-08-21T23:10:28Z

Trump attacks U.S. economics data, baselessly alleging electoral scheme
==========

Donald Trump, during a campaign event in Asheboro, N.C. on August 21, 2024, accused the Biden-Harris administration of manipulating job statistics without evidence, claiming a revision of 818,000 fewer jobs created between April 2023 and March 2024 was politically motivated. He incorrectly stated that such a revision had never occurred before. Trump's speech, intended to focus on national security, frequently shifted to personal attacks against Vice President Kamala Harris, where he acknowledged difficulty in maintaining a policy focus. He informally polled the crowd, receiving more support for personal attacks. This event marked his first outdoor campaign appearance with bulletproof glass following an assassination attempt. Trump criticized the U.S. withdrawal from Afghanistan and called for resignations of military officials involved in the process. His running mate, Sen. JD Vance, labeled the withdrawal as 'treason.' Trump previously won 78% of the vote in Randolph County in 2020.

#Trump #Harris #NorthCarolina #2024Election #Economics #Campaign #Politics #Bls #JobStatistics #Afghanistan

https://www.washingtonpost.com/elections/2024/08/21/trump-jobs-numbers-north-carolina-speech/

#note1qzg…hpme

2024-08-20T11:12:51Z

In reply to nevent1q…krrl
_________________________

quoting note1qzg…hpme
Kamala Harris Proposes Income Cap on Tip Tax Elimination
===============
#e9497f97 ver:0.28

...

#newstr #KamalaHarris #Taxes #Tips #EconomicPolicy #Bipartisan #DonaldTrump #MinimumWage #IncomeCap #FederalIncomeTax #Antipoverty

https://here.news/story/e9497f97?ver=0.28

Kamala Harris eyes guardrails on plan to eliminate taxes on tips ...

2024-08-20T11:12:40Z

Kamala Harris eyes guardrails on plan to eliminate taxes on tips
==========

Vice President Kamala Harris is considering a $75,000 income cap for her proposal to eliminate taxes on tips, which would only apply to service and hospitality workers. Tipped earnings would still be subject to payroll taxes. Discussions reflect a desire to refine a policy criticized when first proposed by Donald Trump in June. Harris endorsed the idea on August 10, 2024, amid bipartisan support, including endorsements from Republican Senators Ted Cruz, Steve Daines, Kevin Cramer, and Rick Scott, as well as Democratic Senators Jacky Rosen and Catherine Cortez Masto. The proposal could cost up to $200 billion over the next decade, but capping the income limit could reduce this to $100 billion. Economists argue that the change would not significantly benefit low-income Americans, as only 3% of U.S. workers earn tips, and 37% of tipped workers already do not pay federal income tax. Harris aims to tie the tax cut to an increase in the national tipped minimum wage, currently at $2.13 per hour. The proposal may complicate eligibility for other anti-poverty tax credits, as exempting tips could push some workers into higher income brackets.

#KamalaHarris #Taxes #Tips #EconomicPolicy #Bipartisan #DonaldTrump #MinimumWage #IncomeCap #FederalIncomeTax #Antipoverty

https://www.washingtonpost.com/business/2024/08/20/kamala-harris-taxes-on-tips/

#note1gwm…fyde

2024-08-18T08:09:43Z

In reply to nevent1q…jvyk
_________________________

quoting note1gwm…fyde
Trump Claims Harris is Easier to Defeat as Pennsylvania Race Intensifies
===============
#de430b7f ver:0.18

...

#newstr #Trump #Harris #Pennsylvania #2024Election #Campaign #Politics #Advertising #Polling #Rally #Democrats

https://here.news/story/de430b7f?ver=0.18

Harris holds slight national lead over Trump, Post-ABC-Ipsos poll ...

2024-08-18T08:09:32Z

Harris holds slight national lead over Trump, Post-ABC-Ipsos poll finds
==========

Vice President Kamala Harris leads Donald Trump 49% to 45% among registered voters in a Post-ABC-Ipsos poll; Harris's support rises to 47% with third-party candidates included; Biden and Trump were in a dead heat in early July; Harris's lead is not statistically significant; 44% of voters are satisfied with Harris vs. Trump, up from 28% in July; 60% of Democrats satisfied with Harris as nominee; Harris's support among voters under 40 is 25 points over Trump; Biden endorsed Harris on July 21, 2024; Harris's job approval at 39%, Trump's at 44%; 72% of Americans view the economy negatively; poll conducted Aug. 9-13, 2024, with 2,336 U.S. adults.

#Harris #Trump #Poll #2024Election #Biden #Democrats #Republicans #Satisfaction #SwingStates #Advertising

https://www.washingtonpost.com/politics/2024/08/18/harris-trump-post-abc-ipsos-poll/

New rules could reshape homebuying. Here’s what it means for ...

2024-08-17T14:12:57Z

New rules could reshape homebuying. Here’s what it means for you.
==========

The National Association of Realtors settled litigation and agreed to pay $418 million to settle several cases accusing it of artificially inflating real estate commissions; The settlement brings new rules that affect homebuyers and sellers, taking effect on August 17, 2024; The rule changes aim to break the industry's grip and give consumers more control over real estate deals, potentially decreasing the cost of buying a home and spurring an exodus of Realtors; Buyers and sellers should be aware of the changes and consider factors such as the need for a Realtor, how much to pay them, what to look for before signing a contract, and negotiating commissions.

#RealEstate #Homebuying #NationalAssociationOfRealtors

https://www.washingtonpost.com/business/2024/08/17/realtor-commissions-settlement-explained/

#note1q4z…2wm2

2024-08-17T13:30:45Z

In reply to nevent1q…756n
_________________________

quoting note1q4z…2wm2
Assessing Kamala Harris's Role in Immigration and Border Issues
===============
#a5eb5a3d ver:0.38

...

#newstr #KamalaHarris #Immigration #Border #CentralAmerica #JoeBiden #DepartmentOfHomelandSecurity #Migration #Republicans #Democrats

https://here.news/story/a5eb5a3d?ver=0.38

What Kamala Harris did – and didn’t do – on immigration and ...

2024-08-17T13:30:33Z

What Kamala Harris did – and didn’t do – on immigration and the border
==========

Vice President Kamala Harris was asked by President Joe Biden to lead the administration’s diplomatic efforts to reduce problems at the U.S.-Mexico border; Her role included working with three Central American countries to improve living conditions and lower the odds that migrants would leave; Harris has never been in charge of the border, as the Department of Homeland Security manages migration; Migration from the three Central American countries during the Biden administration has fallen 35 percent, but it is difficult to tie the reduction to Harris’s efforts; Harris's immigration role has included boosting U.S. aid to Central America, traveling to the region, and discouraging potential migrants from making the dangerous journey to the United States; Republicans have criticized Harris for the Biden administration's handling of the border, but Democrats blame Trump and his allies for the failure of a bipartisan bill on border security; Harris's efforts have focused on private and public investment in Central America to create jobs and improve living conditions; Since her call to action, more than 50 companies have invested over $5.2 billion and created more than 70,000 jobs in the region; The decline in migration from Central America may be attributed to factors such as gang crackdowns, new leadership, and increased enforcement in the region; Northern Central Americans are no longer the biggest group arriving at the border, as the number of people from China, Venezuela, and other nontraditional nations has increased; Harris has pledged to continue the Biden administration's hard line approach to the border if she becomes president.

#KamalaHarris #Immigration #Border #CentralAmerica #JoeBiden #DepartmentOfHomelandSecurity #Migration #Republicans #Democrats

https://www.washingtonpost.com/nation/2024/08/17/kamala-harris-immigration-border-republicans/

#note1ted…gee2

2024-08-17T00:25:44Z

In reply to nevent1q…2qdw
_________________________

quoting note1ted…gee2
The Battle for Voters' Trust on the Economy: Harris vs. Trump
===============
#d93a7cd0 ver:0.38

...

#newstr #KamalaHarris #DonaldTrump #UsElection #Economy #PopulistEconomics #YoungVoters

https://here.news/story/d93a7cd0?ver=0.38

Kamala Harris unveils populist policy agenda, with $6,000 credit ...

2024-08-17T00:25:33Z

Kamala Harris unveils populist policy agenda, with $6,000 credit for newborns
==========

Vice President Kamala Harris unveiled an economic agenda that includes policies such as the elimination of medical debt, a ban on price gouging for groceries, a cap on prescription drug costs, a $25,000 subsidy for first-time home buyers, and a child tax credit of $6,000 per child for the first year of a baby's life. The proposals go beyond what President Joe Biden had promised. Harris aims to build an opportunity economy and strengthen the middle class. The plan would be paid for through taxes on corporations and high earners. Some economists and Democrats have criticized Harris's plan, while others believe embracing populist economics is key to beating Trump. The estimated cost of the proposals is $1.7 trillion over a decade, which could increase to $2 trillion if housing policies are made permanent. The plan includes measures to expand housing supply, cancel medical debt, and take on the pharmaceutical industry. Harris also criticized Trump's economic proposals and tax cuts for the rich.

#KamalaHarris #EconomicPolicy #PopulistAgenda #ChildTaxCredit #MedicalDebt #Housing #PrescriptionDrugs

https://www.washingtonpost.com/business/2024/08/16/kamala-harris-2024-policy-child-tax-credit/

#note1n4t…ntwg

2024-08-15T03:26:33Z

In reply to nevent1q…30kl
_________________________

quoting note1n4t…ntwg
Trump Signals Openness to Expanding Tariff Plans in North Carolina Speech
===============
#d2be180c ver:1.11

...

#newstr #DonaldTrump #Tariffs #GlobalTradeWar #Republican #Democratic #Economy #KamalaHarris #2024Election

https://here.news/story/d2be180c?ver=1.11

Trump, in North Carolina speech, signals openness to expanding ...

2024-08-15T03:26:22Z

Trump, in North Carolina speech, signals openness to expanding tariff plans
==========

Former president Donald Trump suggests expanding tariffs of 10-20% on imports to the United States, potentially causing a global trade war; Trump's trade proposals have already alarmed some Republican donors and faced heavy criticism from Democratic lawmakers; A 10% universal tariff, coupled with a tariff of up to 60% on China, would cost a typical middle-income household roughly $1,700 per year; Trump's speech on the economy also included attacks on Vice President Kamala Harris and exaggerated claims about inflation and spending under the Biden administration; Trump's and Harris's focus on the economy in North Carolina highlights the state's importance in the 2024 election.

#DonaldTrump #Tariffs #GlobalTradeWar #Republican #Democratic #Economy #KamalaHarris #2024Election

https://www.washingtonpost.com/politics/2024/08/14/trump-rally-speech-north-carolina-economy-jd-vance/

Why Trump and Harris’s ‘no tax on tips’ plans may not help ...

2024-08-13T23:51:21Z

Why Trump and Harris’s ‘no tax on tips’ plans may not help tipped workers
==========

Former President Donald Trump and Vice President Kamala Harris both support eliminating federal taxes on tips, but economists say the proposal is unlikely to have much practical impact. Tipped workers represent less than 3% of the American workforce, and many low-income workers already don't pay federal income tax. The proposal could cost the government at least $10 billion to $15 billion per year in lost tax revenue. Some economists argue that the policy might actually hurt workers by disqualifying them from certain tax credits and benefits. However, Trump's advisers believe that eliminating taxes on tips would be burdensome to report and would stimulate the economy through increased spending. Harris's campaign would limit the exemption for tips to certain industries and workers below a certain income threshold. The proposal could potentially cost the government $100 billion to $150 billion over a decade. If tips aren't taxed, employers and workers might have an incentive to shift more compensation from regular wages to tips, potentially costing the government even more. The proposal has received mixed responses from service industry workers, with some expressing support for the idea while others believe policymakers should focus on larger issues like increasing wages.

#DonaldTrump #KamalaHarris #TaxPolicy #TippedWorkers #IncomeTax #Economists

https://www.washingtonpost.com/business/2024/08/13/trump-harris-tax-free-tips/

#note1prn…4gje

2024-08-08T19:29:01Z

In reply to nevent1q…mr0e
_________________________

quoting note1prn…4gje
Economic Anxiety Among Latinos Narrows Democrats' Edge Against Trump in Wisconsin and Michigan
===============
#bc7341fc ver:0.75

...

#newstr #UsElection #SwingStates #EconomicAnxiety #Wisconsin #Michigan

https://here.news/story/bc7341fc?ver=0.75

Trump’s plan to upend federal workforce could rattle DMV ...

2024-08-08T19:28:50Z

Trump’s plan to upend federal workforce could rattle DMV economy
==========

Former president Donald Trump's policy proposals call for deep cuts and drastic changes to the federal government, which could have a significant economic impact in the D.C., Virginia, and Maryland area. Trump's plans include moving federal government positions out of Washington, stripping civil service protections from federal employees, eliminating the U.S. Department of Education, and overhauling other federal departments and agencies. The D.C. area would be heavily affected by shrinking the federal government, as it is the region's most valuable employer. The region's top leaders, including D.C. Mayor Muriel E. Bowser and Maryland Gov. Wes Moore, have criticized Trump's plans as an economic calamity. Even some Republicans, such as former Maryland governor Larry Hogan and former GOP congresswoman Barbara Comstock, have expressed concerns about the impact on the federal workforce and the region's economy. However, Virginia Gov. Glenn Youngkin believes that civil servants thrown out of work by Trump can easily find new jobs in the private sector due to the state's strong economy. Economists warn that the region's unique dependence on government jobs could make a sudden cut in the federal workforce devastating to the economies of Virginia, Maryland, and D.C. The region has the highest share of federal civilian employees in the country, and federal spending accounts for roughly a third of Virginia's economy. Experts caution that the threat highlights the need for the region to diversify its economy away from a dependence on federal spending. Trump's Democratic opponent, Vice President Kamala Harris, has spoken out on behalf of federal workers and worked to eliminate pay discrimination in the civil service. Trump's running mate, Sen. JD Vance, has supported the idea of gutting the federal workforce, while Republican candidate Hung Cao has called for the ouster of senior civil servants in the FBI and the Justice Department. Virginia Sen. Tim Kaine opposes plans to slash the federal workforce and transform federal employment from merit-based to politically loyal. Virginia Gov. Glenn Youngkin believes that any federal workforce cuts would be offset by a healthy jobs market in Virginia.

#DonaldTrump #FederalWorkforce #Economy #Dc #Virginia #Maryland

https://www.washingtonpost.com/dc-md-va/2024/08/08/trump-dc-workers-economy/

Japanese stocks rebound after global sell-off; U.S. futures edge ...

2024-08-06T11:30:04Z

Japanese stocks rebound after global sell-off; U.S. futures edge up
==========

Japan’s benchmark Nikkei 225 index ended the day up 10.23 percent on Tuesday, after its biggest single-day point drop Monday; U.S. equity futures also climbed in early Asia trading; China’s Shanghai Composite stock market was up 0.23 percent; South Korea’s Kospi index was up more than 3 percent; Hong Kong’s Hang Seng Index was down 0.31 percent; Australia's benchmark S&P/ASX 200 closed up 0.41 percent; European indexes, including London’s FTSE, Germany’s Dax and the continentwide Stoxx 600, also appeared to rebound slightly in early trading; The Dow Jones Industrial Average shed nearly 1,034 points, or 2.6 percent, and closed at 38,703.27; The broader S&P 500 lost 3.0 percent, while the tech-heavy Nasdaq composite index lost 3.4 percent; The Japanese index reached all-time highs over 42,000 in July, but those gains have since been erased amid concerns about rising interest rates; The Bank of Japan’s decision to raise its short-term policy rate to 0.25 percent on July 31 led to the “unwind of the yen carry trade, which added downside pressure on risk assets which were already selling off,”; Japanese Finance Minister Shunichi Suzuki said Tuesday that the government will continue to monitor financial markets, working closely with the country’s central bank; Data released Friday showed that U.S. employers added 114,000 jobs in July — far fewer than expected — and that the unemployment rate rose to 4.3 percent, its highest level in almost three years; Experts said this week’s fluctuations are a sign of short-term supply and demand, and that Japan’s economy remains strong.

#JapaneseStocks #GlobalSelloff #Nikkei225 #StockMarkets #Asia #UsFutures #InterestRates #BankOfJapan #MarketVolatility #UsEconomicData #StockMarket #EconomicGrowth

https://www.washingtonpost.com/business/2024/08/06/japan-us-stock-market-news/

#note1lj6…jken

2024-08-06T10:09:06Z

In reply to nevent1q…zg5u
_________________________

quoting note1lj6…jken
The Roller Coaster Ride of the Japanese Stock Market: Explained
===============
#7feec9f3 ver:0.82

...

#newstr #JapaneseStockMarket #Volatility #YenCarryTrade #BankOfJapan #UsEconomy

https://here.news/story/7feec9f3?ver=0.82

Why has the Japanese stock market been on a roller coaster ride? ...

2024-08-06T10:08:55Z

Why has the Japanese stock market been on a roller coaster ride?
==========

Japan's stock markets experienced their biggest dive since 1987 on Monday, followed by the largest daily gain since 2008 the next day. The volatility is partly due to the weakening of the Japanese currency and recent monetary policy decisions by the Bank of Japan. The unexpected low U.S. jobs numbers in July and the potential for the Federal Reserve to cut interest rates also contributed to fears of a slowdown in the United States and global growth. The chaos in global financial markets has affected Asia, the United States, and other regions. The Japanese stock market's performance is closely tied to the world's biggest economy.

https://www.washingtonpost.com/world/2024/08/06/japan-stock-market-yen-carry-trade/

#note1l90…ryqe

2024-08-05T11:22:35Z

In reply to nevent1q…y50g
_________________________

quoting note1l90…ryqe
Biden's Indo-Pacific Diplomacy Strengthens America's Future
===============
#fdfced09 ver:0.28

...

#newstr #BidenAdministration #Indopacific #Diplomacy #Security #Partnerships

https://here.news/story/fdfced09?ver=0.28

Opinion | Biden’s Indo-Pacific diplomacy has made America’s ...

2024-08-05T11:22:24Z

Opinion | Biden’s Indo-Pacific diplomacy has made America’s future more secure
==========

President Biden instructed his team to transform the approach to the Indo-Pacific region; The United States upgraded the old 'hub and spoke' model of diplomacy with an integrated, interconnected network of partnerships; AUKUS, a new security partnership among Australia, Britain, and the United States, was launched; President Biden brought together Japan and South Korea to join the United States in the Camp David Trilateral Summit, spurring unprecedented defense and economic cooperation; The regional grouping known as the Quad was elevated to deliver vaccines, digital-infrastructure investments, and advance the global clean energy transition; The Indo-Pacific Economic Framework for Prosperity was created with 13 other partners; The United States worked closely with allies and partners to confront shared challenges together; Historic security dividends have been produced, including locking arms with allies and partners against North Korea's weapons programs and pushing back against China's dangerous brinkmanship in the region's waterways; President Biden has built bridges among allies in the Indo-Pacific and Europe; Japan and other Asian partners have supported Ukraine in the face of Russia's aggression; European partners are holding China accountable for supporting Vladimir Putin's war machine and undermining the international rules-based order

#BidenAdministration #Indopacific #Diplomacy #Security #Partnerships

https://www.washingtonpost.com/opinions/2024/08/05/blinken-austin-sullivan-biden-indo-pacific-military-economic/

#note1vpw…08j9

2024-08-05T10:39:52Z

In reply to nevent1q…9svj
_________________________

quoting note1vpw…08j9
Asian stocks plummet after weak US jobs data fuels recession fears
===============
#6b553831 ver:2.06

...

#newstr #AsianStockMarket #UsJobsData #RecessionFears #TokyoStockMarket #Nikkei225 #TopixStockIndex #UsEconomy #BankOfJapan #InterestRates #JapaneseYen #GlobalEconomicSituation #TaiwanStockMarket #TechStocks #Tsmc

https://here.news/story/6b553831?ver=2.06

Global markets tumble amid Wall Street losses, U.S. economic ...

2024-08-05T10:39:40Z

Global markets tumble amid Wall Street losses, U.S. economic fears
==========

Japan's Nikkei 225 index fell by 12.4 percent on Monday, coming close to its worst dive in October 1987; Other markets in the region also fell, including South Korea's Kospi index by 8.77 percent, Taiwan's Taiex by 8.35 percent, Australia's S&P/ASX 200 by 3.7 percent, Hong Kong's Hang Seng Index by 1.46 percent, and China's Shanghai Composite stock market index by 1.54 percent; European and U.K. markets fell by about 2 percent in early trading Monday; The dips come after a two-day Wall Street rout attributed to weaker than expected U.S. economic data; The U.S. Labor Department reported that the unemployment rate had spiked to 4.3 percent, with employers adding 114,000 jobs in July, a weaker-than-expected showing; The Nikkei 225 has slid by more than 20 percent since last month, after reaching all-time highs of over 42,000 points in July; Japan's chief cabinet secretary, Yoshimasa Hayashi, said they will watch the market trends with a sense of urgency and take all possible measures to manage the economy and finances

https://www.washingtonpost.com/business/2024/08/05/japan-stock-market-crash/

#note1tlz…np8a

2024-07-27T20:37:52Z

In reply to nevent1q…p58j
_________________________

quoting note1tlz…np8a
US Justice Department Accuses TikTok of Collecting Sensitive User Data on Divisive Social Issues
===============
#c42eda2b ver:1.37

...

#newstr #Tiktok #Bytedance #DepartmentOfJustice #DataCollection #ChineseGovernment #Algorithm #FirstAmendment

https://here.news/story/c42eda2b?ver=1.37

TikTok’s Chinese owner built search tool for users’ views on ...

2024-07-27T20:37:40Z

TikTok’s Chinese owner built search tool for users’ views on abortion, gun control, DOJ claims
==========

TikTok's Chinese owner, ByteDance, had access to a search tool called Lark that allowed employees to collect data on U.S. users' views on divisive issues such as gun control, abortion, and religion, according to the Department of Justice (DOJ). The DOJ filing did not indicate how or if the data was used. In April, President Biden signed a law requiring ByteDance to sell TikTok to a non-Chinese company or face a ban in the U.S. The government's filing was in response to a legal challenge brought by TikTok and ByteDance. TikTok claims that a ban on the app would violate users' First Amendment rights. The DOJ alleges that TikTok's access to sensitive information could pose geopolitical risks by allowing the Chinese government to demand the sharing of U.S. users' data. The DOJ also argues that TikTok's algorithm can be manipulated and that its location in China could allow the Chinese government to covertly control the algorithm for its own purposes. The documents filed by the DOJ were heavily redacted, and an unredacted version featuring classified information will be given to the court. China has said it will block the sale of TikTok's algorithm, and TikTok claims that replacing such a central part of the app's structure is not feasible before the January deadline. The DOJ responded to TikTok's argument by stating that users would still be able to post and view the same content on other social media platforms if TikTok were taken down. The DOJ also argued against TikTok's First Amendment defense, stating that any damage to users' speech freedoms would be incidental.

#Tiktok #Bytedance #DepartmentOfJustice #DataCollection #ChineseGovernment #Algorithm #FirstAmendment

https://www.washingtonpost.com/business/2024/07/27/tiktok-bytedance-justice-department-ban/

#note1rcm…y750

2024-07-26T17:40:31Z

In reply to nevent1q…jwfn
_________________________

quoting note1rcm…y750
Biden Administration's Approach to Antitrust Enforcement, Affirmative Action Programs, and the U.S. Housing Market
===============
#d5d0b9ec ver:0.62

...

#newstr #BidenAdministration #AntitrustEnforcement #AffirmativeActionPrograms #UsHousingMarket

https://here.news/story/d5d0b9ec?ver=0.62

Biden administration declines to defend affirmative action ...

2024-07-26T17:40:20Z

Biden administration declines to defend affirmative action programs
==========

The Biden administration has chosen not to appeal court rulings against two affirmative action programs: the Minority Business Development Agency and the Small Business Administration's 8(a) program. The Justice Department decided to quietly undo fundamental aspects of these programs' missions instead of fighting the adverse court rulings. The administration's decision is seen as a strategy to prevent the dismantling of Biden's racial equity agenda. The legal retreat marks a significant turn in the nation's debate over racial preferences. The court cases come amid a legal battle between the Biden administration and conservative legal groups. The administration has backed down from defending these programs despite its efforts to promote racial equity and expand opportunities for minorities. The decision has disappointed representatives of minority-owned businesses who believe it undermines diversity and inclusion initiatives. The decline to appeal the court rulings is seen as a cost-benefit analysis, as the Justice Department risks losing on appeal and setting precedents that could disqualify other diversity programs. The two programs affected are the Small Business Administration's 8(a) program, which provides set-asides and sole-source contracts for socially and economically disadvantaged companies, and the Minority Business Development Agency, which helps minority-owned businesses access capital and government contracts. The court rulings found that the programs' use of broad racial categories to direct benefits to minorities violated the Constitution's equal protection clause. The Biden administration's decision not to appeal is seen as a strategy to avoid conservative-leaning appeals courts and prevent further undermining of programs that serve historically discriminated-against minorities.

https://www.washingtonpost.com/business/2024/07/26/affirmative-action-sba-mbda-biden-court/

#note12n8…kdys

2024-07-22T16:49:09Z

In reply to nevent1q…u3k5
_________________________

quoting note12n8…kdys
Kamala Harris's Policy Positions and Implications for the 2024 Election
===============
#33e906c3 ver:0.74

...

#newstr #KamalaHarris #DemocraticParty #2024Election #PolicyPositions #Endorsement

https://here.news/story/33e906c3?ver=0.74

Where Kamala Harris stands on key issues ========== Kamala Harris ...

2024-07-22T16:48:57Z

Where Kamala Harris stands on key issues
==========

Kamala Harris has been a loyal Democratic foot soldier, rarely straying from party orthodoxy. She has struggled to articulate her policy positions. She has been vocal on issues such as abortion rights and distancing herself slightly from supporting Israel's war in Gaza. Harris's best-known policy position is that women should have access to abortion care. She has been criticized for her handling of migration at the border. Harris is undefined on foreign policy but is believed to have a more critical view of the Israeli government's handling of the war in Gaza than Biden. She has focused on fighting climate change and signed on to the Green New Deal. Harris is expected to emphasize federal investments to improve child care, elder care, and home care for people with disabilities. Environmental groups have been pleased with the Biden administration's record on climate change. Harris cast the tiebreaking vote to advance the Inflation Reduction Act of 2022. Biden dropped out of the 2024 election and endorsed Harris as his replacement.

https://www.washingtonpost.com/politics/2024/07/22/kamala-harris-positions/

Largest IT outage in history expected to barely register in the ...

2024-07-20T16:31:44Z

Largest IT outage in history expected to barely register in the economy
==========

The recent global IT outage caused by a software update is not expected to have a significant impact on the economy. While many companies may report financial losses, it is too early to determine the final tally. Stocks fell on the day of the outage, but experts believe the incident will not have obvious economic ripples. However, it has highlighted the vulnerability of an economy built on interconnected technology systems. The outage disrupted payment systems and resulted in cash-only purchases at various establishments. The incident raises concerns about the global economy's susceptibility to supply shocks and inflation. Despite the potential risks, experts believe the outage will not affect the Federal Reserve's decisions or the economic platforms of political candidates. The incident serves as a reminder of the need to protect the financial system from cyberattacks and tech failures. Regulators may consider increasing capital requirements for banks to mitigate the impact of cyber outages. The incident also underscores the importance of preparing for single points of failure and diversifying software usage to avoid widespread disruptions.

https://www.washingtonpost.com/business/2024/07/20/outage-microsoft-economy-business/

#note1m4n…r7dk

2024-07-20T16:30:16Z

In reply to nevent1q…wdun
_________________________

quoting note1m4n…r7dk
Microsoft's Global Outage Exposes Dependence and Raises Regulatory Concerns
===============
#25dbb789 ver:0.45

...

#newstr #Microsoft #Outage #Crowdstrike #Regulation #Antitrust #Government #ItSystems

https://here.news/story/25dbb789?ver=0.45

Microsoft’s global sprawl comes under fire after historic ...

2024-07-20T16:30:05Z

Microsoft’s global sprawl comes under fire after historic outage
==========

A cascading computer outage caused by a defective update from cybersecurity company CrowdStrike exposed the global economy's dependence on Microsoft; The outages affected various sectors, including airlines, hospitals, and critical public services; Regulators and lawmakers are concerned about the concentration of power in one company and are calling for diversification of vendors; Microsoft's dominance in government IT systems has raised security concerns and prompted calls for antitrust action; Lawmakers have requested briefings from Microsoft and CrowdStrike to understand the impact of the outage; Microsoft's regulatory troubles are increasing globally as it expands into new technologies; The company has a sophisticated public policy shop and is engaging with policymakers to address the fallout of the outage; The FTC, led by Chair Lina Khan, is monitoring the situation and has previously challenged Microsoft's acquisitions and brought an antitrust case against Amazon; The outage highlights the consequences of prioritizing efficiency over consumer welfare in the tech industry.

#Microsoft #Outage #Crowdstrike #Regulation #Antitrust #Government #ItSystems

https://www.washingtonpost.com/technology/2024/07/20/microsoft-outage-crowdstrike-regulatory-scrutiny/

CrowdStrike outage disrupts travel and business worldwide after ...

2024-07-20T01:24:28Z

CrowdStrike outage disrupts travel and business worldwide after faulty update
==========

A faulty update to security software by CrowdStrike caused a global computer system outage, leading to disruptions in travel, medical care, and businesses. The update was identified and fixed by CrowdStrike, but the effects had already spread worldwide. The outage highlighted the vulnerability of computer systems that support the global economy. CrowdStrike CEO George Kurtz apologized for the outage and assured customers that systems would be fully recovered, although some systems may take longer to recover. The incident revealed the fragility of the online world and the need for companies to prioritize resiliency over efficiency. CrowdStrike's software is widely used by businesses to defend against hackers, and the outage affected computers running Microsoft's Windows operating system. Airlines, hospitals, and government agencies were among the industries impacted by the outage. Microsoft is working with CrowdStrike and Windows users to bring systems back online safely. Thousands of flights were canceled, hospitals postponed procedures, and self-checkout terminals displayed errors. The effects of the outage were random, depending on which companies used the defective system. The incident prompted a review of CrowdStrike's internal practices and raised concerns about the interconnectedness and vulnerability of digital systems.

#Crowdstrike #Outage #SecuritySoftware #TravelDisruptions #BusinessDisruptions #GlobalEconomy #Vulnerability #ComputerSystems #Windows #Efficiency #Resiliency #Hackers #Airlines #Hospitals #GovernmentAgencies #Microsoft #FlightCancellations #SelfcheckoutTerminals #DigitalSystems

https://www.washingtonpost.com/business/2024/07/19/windows-outage-crowdstrike-cancellations-computer/

#note1sln…qxar

2024-07-18T17:02:22Z

In reply to nevent1q…8jzw
_________________________

quoting note1sln…qxar
Trump's Economy vs. Biden's: A Comprehensive Comparison in Charts
===============
#a8154b7b ver:0.27

...

#newstr #Trump #Biden #Economy #Charts #Inflation #Jobs #EconomicGrowth #HomeBuying #Manufacturing #Wages #Income #HealthInsurance #StockMarket #ChildPoverty #FederalDebt

https://here.news/story/a8154b7b?ver=0.27

Opinion | Trump’s economy vs. Biden’s — in 17 charts ...

2024-07-18T17:02:11Z

Opinion | Trump’s economy vs. Biden’s — in 17 charts
==========

Both Trump and Biden have had significant impacts on the U.S. economy. Trump inherited a lukewarm economy and implemented tax cuts and government spending, resulting in a hot growth spurt and job creation. However, the pandemic caused a significant increase in unemployment. Biden inherited a nation still dealing with the effects of COVID-19 and implemented government spending and investment, leading to a rapid rebound, job growth, and a renaissance in manufacturing and start-ups. However, inflation has been a challenge under Biden. In terms of inflation vs. wages, wages for rank-and-file workers rose more under Trump than under Biden. Biden has added an impressive 15.7 million jobs to the economy, benefiting from a pandemic bounce-back. Trump also saw strong job growth before the pandemic, but ultimately lost millions of jobs due to the pandemic. Economic growth under Trump was above the norm, but the pandemic recession impacted his record. Under Biden, growth has been strong, with the U.S. economy experiencing a post-pandemic surge. Home buying rates remained steady under both presidents, with mortgage rates and rising home prices impacting affordability. Biden has made significant investments in U.S. manufacturing, leading to increased factory construction. Job creation has been widespread under both presidents, with more manufacturing jobs created under Biden. Home values have risen rapidly under both presidents, benefiting current homeowners but causing concerns for younger Americans. New business creation has surged since the pandemic, with government aid playing a role. Trump saw a rise in positive sentiment about the economy, while Biden has faced challenges due to inflation. Wage inequality has fallen under Biden, but real wages have barely grown. Median household income rose under Trump but fell during the pandemic, and has since climbed under Biden. The share of Americans with health insurance rose under Biden, while Trump repealed the law requiring health insurance. The stock market performed well under both presidents. Child poverty dipped under Trump and plummeted under Biden due to stimulus measures. Both presidents contributed to the federal debt, with emergency spending during the pandemic exacerbating the issue.

#Trump #Biden #Economy #Charts #Inflation #Jobs #EconomicGrowth #HomeBuying #Manufacturing #Wages #Income #HealthInsurance #StockMarket #ChildPoverty #FederalDebt

https://www.washingtonpost.com/opinions/2024/07/18/trump-biden-economy-charts-compare/

Biden set to announce support for major Supreme Court changes ...

2024-07-17T04:26:53Z

Biden set to announce support for major Supreme Court changes
==========

President Biden is finalizing plans to endorse major changes to the Supreme Court, including proposals for legislation to establish term limits for the justices and an enforceable ethics code. He is also considering calling for a constitutional amendment to eliminate broad immunity for presidents and other constitutional officeholders. The announcement marks a major shift for Biden, who has long resisted calls for changes to the high court. The potential changes come in response to growing outrage among his supporters about recent ethics scandals surrounding Justice Clarence Thomas and decisions by the new court majority. Term limits and an ethics code would require congressional approval, while a constitutional amendment would face even more hurdles. Biden previewed the shift in a Zoom call with the Congressional Progressive Caucus. Former President Trump criticized the move on Truth Social. Biden's private remarks about his high-court plans came after a debate with Trump and the Supreme Court ruling that Trump was immune from prosecution for official acts during his first term. Biden had previously promised to create a commission to study potential changes to the court, and the commission issued a report in December 2021. Approval ratings of the Supreme Court have dropped in recent years, and Biden is trying to resuscitate his presidential campaign after a politically disastrous debate. Eight Democratic senators have co-sponsored a bill that would establish 18-year terms for Supreme Court justices. Democrats have also offered other legislation to address ethics concerns about the high court.

#Biden #SupremeCourt #TermLimits #EthicsCode #ConstitutionalAmendment #ClarenceThomas #Trump #CongressionalProgressiveCaucus #TruthSocial #PresidentialImmunity #Commission #ApprovalRatings #DemocraticSenators #Legislation

https://www.washingtonpost.com/politics/2024/07/16/biden-supreme-court-reforms/

#note1g49…gxz4

2024-07-17T04:21:10Z

In reply to nevent1q…z9xd
_________________________

quoting note1g49…gxz4
Sen. Bob Menendez Convicted on Corruption Charges in New Jersey
===============
#aef68082 ver:0.15

#Breaking: Sen. Bob Menendez convicted on corruption charges in New Jersey. Tammy Murphy withdraws from Democratic primary, leaving Rep. Andy Kim as frontrunner. Kim secures endorsements from Human Rights Campaign and Reproductive Freedom for All. Menendez may run as independent. Democratic power broker George Norcross indicted on racketeering charges. Menendez faces sentencing on October 29. Appeal expected to be uphill battle. #Politics #Corruption #NewJersey...

#newstr #SenBobMenendez #CorruptionTrial #Bribery #Extortion #WireFraud #ObstructionOfJustice #ForeignAgent #NewJersey #DemocraticParty #Resignation #Election #Appeal #Egypt #Businessmen #NadineMenendez

https://here.news/story/aef68082?ver=0.15

Sen. Menendez convicted of bribery, other charges in corruption ...

2024-07-17T04:20:59Z

Sen. Menendez convicted of bribery, other charges in corruption trial
==========

Sen. Bob Menendez, a Democrat from New Jersey, has been convicted on all 16 felony counts in his corruption trial. The charges include bribery, extortion, wire fraud, conspiracy, obstruction of justice, and acting as a foreign agent for Egypt. Menendez was found guilty of accepting bribes from three businessmen in exchange for his help securing deals with foreign officials and obstructing criminal investigations in New Jersey. He faces sentencing on October 29 and could potentially receive decades in prison and a ban from holding public office. Menendez has vowed to appeal the verdict. New Jersey Democrats have called on him to resign. Menendez's wife, Nadine Menendez, was also charged in the indictment, but her trial date has not been set. Menendez's political downfall is essentially complete, as he declined to seek the party's nomination for a fourth term and instead mounted a long-shot bid. Senate Majority Leader Charles E. Schumer and New Jersey Gov. Phil Murphy have both called on Menendez to step down. Rep. Andy Kim won the Democratic primary to succeed Menendez and will face Republican Curtis Bashaw in the November election. Menendez could serve out the rest of his term even after his conviction, but his colleagues could vote to expel him if he does not resign. Menendez's defense argued that his wife was a scheming girlfriend who kept seeing an ex-boyfriend even after she began dating Menendez and as a secretive wife who never told him she was receiving gold bars and money from several men. Menendez's appeal is expected to be an uphill battle due to the strength of the evidence presented in the trial. The trial also revealed Menendez's involvement with Egyptian officials, where he provided unclassified insider information and pushed for $300 million in U.S. military aid for Egypt. Menendez also intervened in a bank fraud case involving one of the businessmen who bribed him. Menendez had been on federal prosecutors' radar since 2006 when the New Jersey U.S. attorney's office investigated a nonprofit that was paying rent to Menendez for office space. A previous trial on different bribery allegations ended with a hung jury in 2017.

#BobMenendez #CorruptionTrial #Bribery #Extortion #WireFraud #ObstructionOfJustice #ForeignAgent #NewJersey #DemocraticParty #Resignation #Election #Appeal #Egypt #Businessmen #NadineMenendez

https://www.washingtonpost.com/national-security/2024/07/16/bob-menendez-convicted-trial-bribery/

What are J.D. Vance’s plans for the economy? ========== J.D. ...

2024-07-16T10:59:16Z

What are J.D. Vance’s plans for the economy?
==========

J.D. Vance, the GOP vice-presidential nominee, brings a unique brand of economic populism that sets him apart from the rest of the GOP. He supports stricter antitrust regulation and has expressed his support for Lina Khan, President Biden’s commissioner of the Federal Trade Commission. Vance also advocates for stricter border controls, emphasizing the protection of U.S. security and the labor market for native-born workers. He has introduced a bill called the Timely Departure Act to crack down on illegal visa overstays. Vance has suggested breaking with harsh Republican opposition to organized labor and has shown support for labor actions, such as the United Auto Workers strike. However, he opposes the PRO Act, which would make it easier to unionize U.S. workforces.

https://www.washingtonpost.com/business/2024/07/16/jd-vance-trump-gop-economy/

Biden needs to follow through on his promised support for Tulsa ...

2024-07-15T14:17:37Z

Biden needs to follow through on his promised support for Tulsa survivors
==========

In 2021, President Biden visited the site of the Tulsa massacre and called it a 'massacre.' Last month, the Oklahoma Supreme Court dismissed the last remaining survivors' lawsuit against city officials. The survivors are asking for a federal investigation into the massacre and for the United States Department of Justice to intervene. The implications of the survivors' appeal for a federal investigation are significant. The Biden-Harris administration should announce support for a federal investigation into the Tulsa massacre. The survivors have long sought to open processes of discovery to add to the collective understanding of what happened during the massacre. The federal government has a 'policy norm' of providing 'reparatory compensation' to various groups of people for harms. Black victims of Tulsa's mass racial terrorism have been denied justice for decades. Norms, precedents, and tangible systemic delivery systems of investigation and repair already exist in America and should be deployed for the victims of Tulsa and their descendants.

#TulsaMassacre #Biden #Support #FederalInvestigation #Survivors

https://www.washingtonpost.com/opinions/2024/07/15/biden-tulsa-survivors-investigation-lawsuit/

Meagan Good knows what — and who — you’re dying to ask her ...

2024-07-13T19:20:43Z

Meagan Good knows what — and who — you’re dying to ask her about
==========

Meagan Good, star of 'Divorce in the Black,' discusses her new movie, desire for children, and her relationship with Jonathan Majors. Good expresses her desire to have a platform rather than fame or money and wants to empower women. She talks about her divorce and how it made her realize her desire for children. Good also discusses her spiritual beliefs and her relationship with God. She addresses the public scrutiny of her relationship with Majors and defends their relationship, stating that she is solid and happy. Good is grateful for the timing of their relationship and believes that it has produced something special.

#MeaganGood #DivorceInTheBlack #JonathanMajors #Babies #TylerPerry

https://www.washingtonpost.com/entertainment/movies/2024/07/13/meagan-good-divorce-black-majors/

OpenAI illegally barred staff from airing safety risks, ...

2024-07-13T15:45:16Z

OpenAI illegally barred staff from airing safety risks, whistleblowers say
==========

OpenAI whistleblowers have filed a complaint with the Securities and Exchange Commission (SEC) alleging that the company illegally prohibited its employees from raising concerns about the safety risks of its technology. The whistleblowers claim that OpenAI issued overly restrictive employment, severance, and nondisclosure agreements that could penalize workers who disclosed information to federal regulators. These agreements violated federal laws protecting whistleblowers and prevented employees from reporting securities violations to the SEC. OpenAI spokesperson Hannah Wong stated that the company's whistleblower policy protects employees' rights to make protected disclosures and that they have made changes to their departure process to remove nondisparagement terms. The letter from the whistleblowers also raised concerns about OpenAI prioritizing profit over safety in the development of its technology. The SEC has received the complaint, but it is unclear if an investigation has been launched. The whistleblowers' letter also called for OpenAI to change its nondisclosure agreements and for the SEC to issue fines to the company for violating federal laws.

#Openai #Whistleblowers #Sec #SafetyRisks #EmploymentAgreements #NondisclosureAgreements #FederalRegulators

https://www.washingtonpost.com/technology/2024/07/13/openai-safety-risks-whistleblower-sec/

#note1432…camf

2024-07-13T15:13:01Z

In reply to nevent1q…c60h
_________________________

quoting note1432…camf
OpenAI Faces Criticism for Failing to Fulfill Commitment, Suffers Cybersecurity Breach, and Becomes Target for Hackers
===============
#9eb8b48f ver:0.15

OpenAI faces criticism for failing to fulfill commitment to combat dangerous AI, disbanding safety team, and prioritizing product launches over safety. The company also suffers a cybersecurity breach, with a hacker stealing details about AI product designs. OpenAI employees criticize rushed safety testing and lack of solid safety processes. AI companies are becoming prime targets for hackers, highlighting the need for increased security measures. #OpenAI #AIethics #Cybersecurity...

#newstr #Openai #AiSafety #Gpt4o #WhiteHouse #TechCompanies #Selfpolicing #SafetyProtocol

https://here.news/story/9eb8b48f?ver=0.15

OpenAI illegally barred staff from airing safety risks, ...

2024-07-13T15:12:49Z

Rep. Wexton, confronting degenerative disease, finds her voice ...

2024-07-13T15:00:57Z

Rep. Wexton, confronting degenerative disease, finds her voice through AI
==========

Rep. Jennifer Wexton, a congresswoman from Virginia, has debuted a new, natural-sounding voice powered by artificial intelligence (AI) as her own voice is weakened by a degenerative medical condition. Wexton had previously used a robotic-sounding speech application to deliver remarks on the House floor, but the new AI voice sounds more like her. She has a Parkinson's-like condition called progressive supranuclear palsy (PSP) and is not seeking reelection this fall due to her health condition. Wexton's staff and colleagues have expressed their excitement and support for her new AI voice. The AI voice model was created by ElevenLabs, an AI voice start-up based in New York, after the company saw a video of Wexton using a text-to-speech app. The company compiled over an hour of audio clips of Wexton speaking before her voice was affected by the disease and used AI to generate a digital version of her voice. Wexton acknowledges the potential dangers of AI technology but also highlights the life-changing opportunities it can provide for Americans with disabilities.

#RepJenniferWexton #ArtificialIntelligence #DegenerativeDisease #VoiceTechnology #Parkinson'sDisease #ProgressiveSupranuclearPalsy #Elevenlabs

https://www.washingtonpost.com/dc-md-va/2024/07/13/virginia-wexton-congress-ai-voice/

What is Project 2025? ========== Project 2025 is a blueprint for ...

2024-07-12T23:12:16Z

What is Project 2025?
==========

Project 2025 is a blueprint for a potential second Trump administration, created by his allies and former aides. It proposes extreme policies such as mass deportations, politicizing the federal government, cutting federal agencies, promoting Christian nationalism, and expanding presidential power. The plan is gaining attention as Trump tries to moderate his positions for the election. It is not directly from the Trump campaign but is taken seriously due to its association with the Heritage Foundation. The plan calls for abortion limits, cutting education programs, giving Trump power to investigate opponents, making reproductive care harder to access, cracking down on legal immigration, slashing climate change protections, and banning transgender people from the military. The plan also suggests considering reinstating the draft. The implementation of these proposals would require recruiting and training individuals to carry out the changes. The plan is seen as extreme and has drawn criticism from the Biden campaign. However, analysts believe it provides insight into what a second Trump presidency could look like.

https://www.washingtonpost.com/politics/2024/07/12/project-2025-summary-trump/

About time: Senators demand special counsel to investigate ...

2024-07-11T18:25:11Z

About time: Senators demand special counsel to investigate Clarence Thomas
==========

Senators Sheldon Whitehouse and Ron Wyden have written a letter to Attorney General Merrick Garland demanding a special counsel be appointed to investigate possible violations of federal ethics and tax laws by Associate Justice of the Supreme Court Clarence Thomas. The letter details repeated and willful omissions of gifts and income from Justice Thomas's financial disclosure reports, as well as allegations of false statements signed under oath and tax violations. The senators argue that only a special counsel can properly investigate these allegations. This comes after previous allegations of lavish gifts received by Thomas from right-wing billionaires and calls for a mandatory ethics code for the Supreme Court. If the Justice Department does not undertake an investigation, it could further erode public confidence in the Supreme Court as an institution.

#ClarenceThomas #SpecialCounsel #Investigation #Ethics #TaxLaws #SupremeCourt

https://www.washingtonpost.com/opinions/2024/07/11/clarence-thomas-special-counsel-senators-letter/