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Universal basic income is a growing part of America’s policy conversations, as lawmakers and economists look for ways to reduce poverty.Popular among many Silicon Valley tech leaders and economic policy experts, the model offers participants recurring cash payments, no strings attached. They can spend the money however they choose.Basic income has been piloted over 100 times across America, and even more around the world. Advocates say that the cash — which could give all households an income floor — could be a key to reducing wealth inequality and strengthening the social safety net.”What we’re doing is betting on families, betting…

Russian President Vladimir Putin has warned that Russia could respond with nuclear weapons if it were attacked with conventional arms in the latest changes to the country’s nuclear doctrine. In a televised meeting of Russia’s Security Council, Putin announced that under the planned revisions, an attack against the country by a non-nuclear power with the “participation or support of a nuclear power” would be seen as a “joint attack on the Russian Federation”. Putin emphasised that Russia could use nuclear weapons in response to a conventional attack that posed a “critical threat to our sovereignty”, a vague formulation that leaves…

New York City Mayor Eric L. Adams has now been indicted on federal criminal charges, according to the New York Times. Adams, who will be the first NYC mayor to ever be charged while in office, will surrender next week, sources told the NY Post. The charges, which are currently sealed, are in connection to a federal probe that is expected to be unsealed on Thursday morning. Adams told the NY Post, “I always knew that if I stood my ground for New Yorkers that I would be a target — and a target I became. If I am charged,…

Negative depictions of Americans ages 50 and older have lessened over a five-year period, with negative sentiment in online media and marketing images dropping from 28% in 2018 to 10% in 2023, according to research published this week by senior advocacy organization AARP. “The 50-plus population is pictured as more active and independent, less fearful, and more likely to use technology, reflecting a growing recognition of older adults’ active lifestyles and valuable engagement in society,” the organization said in an announcement of the findings. “At the same time, challenges remain.” One of these challenges is the fact that images of…

New York City Mayor Eric Adams speaks during a press conference at the City Hall, after it was revealed that he received a fresh round of federal grand jury subpoenas, New York City, U.S., August 16, 2024.Adam Gray | ReutersNew York City Mayor Eric Adams has been indicted on criminal charges in federal court in Manhattan, sources familiar with the matter told CNBC on Wednesday night.The indictment, which remains sealed for now, at least in part accuses Adams of criminal conduct related to donations to his 2021 mayoral campaign.A source said that the indictment mentions up to $20 million in…

BBCThe United States, EU and allied nations have called for a temporary ceasefire in Lebanon, following an escalation in fighting between Israel and Hezbollah.The 11-strong bloc has proposed an immediate 21-day pause in fighting “to provide space for diplomacy towards the conclusion of a diplomatic settlement” and a ceasefire in Gaza.In a joint statement, they said the hostilities were “intolerable” and presented an “unacceptable risk of a broader regional escalation” that was neither in the interest of the people of Israel or Lebanon.It comes after Israel’s military chief told troops that extensive air strikes in Lebanon targeting Hezbollah could pave…

As the seasons change, so do our skincare and makeup needs. Cooler, drier weather calls for hydrating and nourishing products. But refreshing your makeup bag by tossing those lightweight formulas and saying hello to heavy moisturizers can be an investment.Just in time to help us save some coin, Ulta Beauty is celebrating the new season by hosting a Fall Haul Beauty Event from now until October 5. During this Ulta Beauty sale, customers can save up to 40% on best-selling makeup, skincare, haircare and body care products.Shop Ulta’s Fall Haul SaleUlta’s Fall Beauty Event is slashing prices on what shoppers want…

CrossCountry Mortgage joins Rocket, Pennymac, UWM and Rate in raising conforming loan limit above current $766,550 cap for Fannie Mae and Freddie Mac ahead of an official announcement. Whether it’s refining your business model, mastering new technologies, or discovering strategies to capitalize on the next market surge, Inman Connect New York will prepare you to take bold steps forward. The Next Chapter is about to begin. Be part of it. Join us and thousands of real estate leaders Jan. 22-24, 2025. Homebuyers taking out mortgages of up to $802,650 with some of the nation’s biggest lenders are no longer being…

OpenAI is working to revamp its structure into a for-profit business, according to two new reports.The structure would be part of a move to make the company more attractive to outside investors, Reuters reported — and it would also mean CEO Sam Altman could be in for a big payday: OpenAI was recently valued at as much as $150 billion.OpenAI was discussing giving Altman a 7% equity stake in the company, Bloomberg reported, citing unnamed people familiar with the matter. At a $150 billion valuation, that would amount to $10.5 billion. It would be Altman’s first ownership stake.A newly formed…

NewsFeed“Hell is breaking loose in Lebanon” warned UN Secretary-General Antonio Guterres at a special Security Council meeting on the conflict there after days of deadly Israeli attacks.Published On 25 Sep 202425 Sep 2024 Source link