Author: News Room

Trump vs. Harris: The 2024 Election Has Taken Over TikTok

Welcome to the TikTok election.Every week, people post tens of thousands of videos on the app that mention Vice President Kamala Harris or former President Donald J. Trump, including election updates, conspiracy theories and dance routines. Those posts attract hundreds of millions of views — on par with the interest in hit shows like “Love Island” or the pop star Chappell Roan, according to Zelf, a social video analytics company — even though the videos represent just a slice of the content about the election on the app.No two TikTok feeds are the same, because the app’s algorithm sends different…

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Why Does This Building by the Subway Need 193 Parking Spots? (Yes, Exactly 193.)

A rendering of the new apartment building at 975 Nostrand Ave. in Brooklyn. Underground parking spaces not shown. Lemons Bucket By Emily Badger, Mihir Zaveri and Larry Buchanan The authors spent a lot of time looking at parking garages, parking lots, parking diagrams, parking maps, parking photos and parking tables in zoning codes. Oct. 18, 2024 The apartment building under construction at 975 Nostrand Avenue in Brooklyn is the kind of project that city officials and economists say New York needs to solve the city’s severe housing shortage. It will have 328 new homes at rents targeting young professionals, from studios…

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Want to Understand America? Watch ‘Shark Tank.’

One day in late June, a panel of investors entertained business ideas from around the country. A kitschy advent calendar. A fancy mini-fridge for drinks. A flashlight that emits beams from multiple angles. A machine that grows mushrooms. Bendable cups. Pet plants (for you, not your cat).This was the Los Angeles set of “Shark Tank,” the ABC show that for 15 years has turned business negotiation into entertainment. Aspiring entrepreneurs use hustle, gross margins and cringe-worthy pitches to pry money from the so-called Sharks in exchange for a stake in their companies.On one level, “Shark Tank” is your basic reality…

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Video: Nobel Economics Prize Shared Among Three

new video loaded: Nobel Economics Prize Shared Among ThreetranscriptBacktranscriptNobel Economics Prize Shared Among ThreeDaron Acemoglu, Simon Johnson and James Robinson received the prize for their work on explaining inequality between countries.The Royal Swedish Academy of Sciences has decided to award Sveriges Riksbank Prize in economic sciences in memory of Alfred Nobel for 2024 to Daron Acemoglu, MIT, Cambridge, USA. Simon Johnson, MIT, Cambridge, USA. And James Robinson, University of Chicago, USA. For studies of how institutions are formed and affect prosperity.Recent episodes in U.S.Show more videos from U.S.

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Video: Elon Musk Unveils Tesla ‘Robotaxi’

new video loaded: Elon Musk Unveils Tesla ‘Robotaxi’transcriptBacktranscriptElon Musk Unveils Tesla ‘Robotaxi’The company’s C.E.O. said the new autonomous vehicle, which does not have a steering wheel, would cost less than $30,000, but the technology still faces hurdles.As you can see, I just arrived in the robotaxi, the cyber cab. It’s really quite a wild experience to just be in a car with no steering wheel, no pedals, no controls, and it feels great. You could fall asleep and wake up at your destination. This can carry up to 20 people. And it can also transport goods.Recent episodes in AutomobilesShow more…

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Video: Port Workers Go on Strike

new video loaded: Port Workers Go on StriketranscriptBacktranscriptPort Workers Go on StrikeThe president of the International Longshoremen’s Association said the workers were “making history” by walking off the job for the first time in nearly 50 years.“I.L.A.! I.L.A.!” “You’re making history here because we’re doing one thing. We are fighting for our families and we are fighting for the rights so that we have a right to get a piece of that money that they got so much of. And we’re going to do it. We’re going to walk away with a great contract. God bless us all.” “I.L.A.!” “All…

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Visa, Google, JetBlue: A Guide to a New Era of Antitrust Action

The latest Sept. 24, 2024 The Justice Department accuses Visa of unfairly stifling competition in debit cards, claiming the company has maintained a monopoly by imposing or threatening to impose higher fees on merchants that also use other payment networks. Read more › President Biden’s top antitrust enforcers have promised to sue monopolies and block big mergers — a cornerstone of the administration’s economic agenda to restore competition to the economy. Below are 15 major cases brought by the Justice Department and Federal Trade Commission since late 2020 (including cases against Google and Meta initially filed during the Trump administration…

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Video: The U.S. Is Mining for Uranium

new video loaded: The U.S. Is Mining for UraniumSeptember 23, 2024Miners at Pinyon Plain uranium mine, Arizona.Latest VideoHong Kong Protests2020 ElectionsMost-ViewedVisual InvestigationsThe DispatchDiary of a SongHow We Got HereMagazineT MagazineOp-DocsOpinionAdvertisementSKIP ADVERTISEMENT

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Video: Federal Reserve Cuts Interest Rates for the First Time in Four Years

new video loaded: Federal Reserve Cuts Interest Rates for the First Time in Four YearstranscriptBacktranscriptFederal Reserve Cuts Interest Rates for the First Time in Four YearsJerome H. Powell, the Fed chair, said that the central bank would take future interest rate cuts “meeting by meeting” after lowering rates by a half percentage point, an unusually large move.Today, the Federal Open Market Committee decided to reduce the degree of policy restraint by lowering our policy interest rate by a half percentage point. Our patient approach over the past year has paid dividends. Inflation is now much closer to our objective, and…

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Cheaper Mortgages and Car Loans: Lower Rates Are on the Horizon

The costs of 30-year mortgages and new car loans have been inching down in recent months, welcome news for borrowers who have endured years of high prices and high interest rates.These borrowing costs are expected to fall further: The Federal Reserve is poised to cut its benchmark interest rate on Wednesday, and officials are likely to suggest more cuts to come. Source: Federal Reserve Note: The rate since December 2008 is the upper limit of the federal funds target range. When the Fed lowers its benchmark rate, it is ultimately trying to reduce borrowing costs for businesses and consumers. Setting…

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