Author: News Room
Source: Alix Partners Note: 2024 values are estimated. Just two decades ago, China had little capacity to make cars, and owning one was considered novel. Today, China produces and exports more cars than any other country in the world.President-elect Donald J. Trump has promised to impose new tariffs on China. Many countries, including the United States, already levy extra tariffs on China’s electric vehicles. But with all of the advantages China wields in automaking, this pushback is unlikely to undercut China’s dominance.China’s home market for car sales is the world’s largest — almost as big as the American and European…
It is an idea that many point to as a solution for New York City’s worst housing shortage in over 50 years: Build more homes.More people keep deciding they want to live in the city — and the number of new homes hasn’t kept pace. Residents compete over the limited number of apartments, which pushes rents up to stratospheric levels. Many people then choose to leave instead of pay those prices.So why is it so hard to build more housing?The answer involves a tangled set of financial challenges and bitter political fights.We looked at two developments that provided a unique…
new video loaded: Federal Reserve Lowers Interest RatestranscriptBacktranscriptFederal Reserve Lowers Interest RatesJerome H. Powell, the Fed chair, said that the Fed’s immediate path would not be impacted by Donald J. Trump’s win.The economy is strong overall and has made significant progress toward our goals over the past two years. The labor market has cooled from its formerly overheated state and remains solid. Inflation has eased substantially from a peak of 7 percent to 2.1 percent as of September. We are committed to maintaining our economy’s strength by supporting maximum employment and returning inflation to our 2 percent goal. Today, the…
Over the past eight years, the three top American sports leagues — the National Basketball Association, Major League Baseball and the National Football League — have at times dived headlong into political maelstroms.In 2016, the N.B.A. moved its All-Star Game out of North Carolina to protest a state law that eliminated anti-discrimination protections for lesbian, gay, bisexual and transgender people. Baseball moved its All-Star Game out of Georgia in 2021 in reaction to the enactment of more restrictive voting rules. And in 2020, as President Donald J. Trump reiterated criticism of N.F.L. players who knelt during the national anthem, Commissioner…
Relief From Decision Fatigue Decisions I would normally agonize over, like travel logistics or whether to scuttle dinner plans because my mother-in-law wants to visit, A.I. took care of in seconds. And it made good decisions, such as advising me to be nice to my mother-in-law and accept her offer to cook for us. I’d been wanting to repaint my home office for more than a year, but couldn’t choose a color, so I provided a photo of the room to the chatbots, as well as to an A.I. remodeling app. “Taupe” was their top suggestion, followed by sage and…
Case 1:22-cr-00673-LAK Document 407-15 Filed 02/27/24 Page 3 of 6 unconflicted about devoting his life to the happiness of others and so little interested in his own. While in high school, he also started to think seriously about the implications of utilitarianism for his work life, talking to lots of people about what the most valuable use of his talents might be if his goal was to improve the wellbeing of others. While at MIT, with advice from others, Sam found an answer to the question. He decided to use his quantitative skills in a high-paying job in finance and…
Case 1:22-cr-00673-LAK Document 407-3 Filed 02/27/24 Page 3 of 4 programming staff used it for a Hackathon. Sam lived in it and – paid rent for that privilege – for six months-about half of the time he was in the Bahamas. Even when he was officially living in the apartment, he was more likely to be found elsewhere – often sleeping on a bean bag chair in the office. Like everything about Sam, that wasn’t an affectation. He just doesn’t care about the creature comforts that most of us value. He is similarly uninterested in hobnobbing with the…
Case 1:22-cr-00673-LAK Document 497-1 Filed 09/10/24 Page 4 of 115 December 15, 2023 Sara Fisher Ellison Dear Judge Kaplan, I have written hundreds of recommendation letters in my career. I’ve written them for high school students, college students, PhD students, colleagues. I have written them for job applications, college applications, scholarships, internships, award nominations. Some have stretched on for pages, with tremendous detail. Some are short but nuanced. Some are emphatic. Some heartfelt. This one is by far the most difficult I have ever written. I have been stewing over it for months, not sure whether Caroline would…
Here is the letter from Nishad Singh’s father to Judge Kaplan. – The New York Times Business|Here is the letter from Nishad Singh’s father to Judge Kaplan.https://www.nytimes.com/interactive/2024/10/30/business/30ftx-parents-nishad-defense-sentencing.html Close ×
Three Mile Island, known for being the site of the worst U.S. nuclear energy accident, is now at the forefront of efforts to expand nuclear capacity to meet rising electricity demand. Rebecca F. Elliott, a reporter covering energy for The New York Times, explains.