"The Congressional Budget Office said Friday it expects inflation to nearly hit the Federal Reserve’s 2% target rate in 2024, as overall growth is expected to slow and unemployment is expected to rise into 2025, according to updated economic projections for the next two years."
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#congressional #budget #office #inflation #unemployment #CBO #BureauOf
"But that would require a big shift in behavior: According to the NIRS, only around half of Gen Xers are actually participating in a workplace retirement plan, a statistic that may be difficult to improve with the rising cost of living and other financial headwinds (many Gen Xers are also likely to be caring for both children and older relatives)."
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#wealth #retirement #GenXers #Schroders #FortuneSenior #AliciaAdamczyk #NIRS
"While her foundation, Yield Giving, has been seeking applications from nonprofits, the small faith-based organization never applied for funding, reported Liz Engel for the Cincinnati Business Courier."
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#nonprofit #health #MacKenzieScott #Scott #LizEngel #CincinnatiBusiness #JamieBerrens
"9, well below analysts’ expectations of around 224,000.Around the TableA round-up of the most important HR headlines.- Cruise, the self-driving taxi business majority owned by GM, is cutting almost one-fourth of its workforce two months after operations were shut down by a pedestrian accident."
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https://read.distractionfree.site/fortune/2023/12/15/ai-hr-chros-2024-predictions-trends/
#trends #Shapero #TalentStrategy #HR #MeganSmith #ServiceNow #ChiefPeople
"However, as AI and other technologies—like cleantech and synthetic biology—are set to change business and the world, investors should remain prudent: Embracing these technologies will not be sufficient for companies to gain an advantage—rather, unlocking sustainable growth will require identifying an application of these technologies that solves a valuable problem, a unique deployment toward th..."
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https://read.distractionfree.site/fortune/2023/12/11/future-50-tech-economic-growth-bcg/
#tech #economic #growth #MAMAA #S&P500 #BCG #TechPlayers
"(A video segment comparing herself to Michael Jackson was less effective—both because of the allegations against him, and because it felt like a rare bit of filler in this late and long show.)The entire event was so bursting with movement and mythos that I truly felt jolted when the Grim Reaper showed up toward the end."
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#theatlantic #culture #Madonna #MadonnaDeath #ALeague #Beyoncé #UnthinkableMadonna
"Not surprisingly, given this sticky muck of bureaucracy, a backlog of more than 16,000 pending petitions has built up—a striking number compared with the fewer than 2,000 pending petitions at the start of Barack Obama’s first term as president or the 452 petitions that President Bill Clinton inherited.Obama granted more than 1,700 commutations, which, unlike a pardon, shorten a sentence while l..."
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#theatlantic #Morin #BoardOf #TimothyMorin #ShawnFerber #LocalSheriff #DejectedTimNaftali
"“My sense is the reason he founded xAI is he’s pissed at OpenAI.”Steve Omohundro, longtime computer scientist “I would say the holy grail of AI systems is reasoning, and probably the place where reasoning is most evident is in mathematical inquiry,” said University of Sydney mathematics professor Geordie Williamson, who recently collaborated with Google DeepMind on refining old mathematical con..."
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#chatgpt #competitor #OpenAI #Musk #XAI #GoogleDeepMind #Tesla
"Dueling experts debated whether those adjustments showed that the bank didn’t rely on Trump’s numbers and that he was rich enough to qualify for the loans anyway (as the defense contends) or whether the “haircuts” were essentially standard deductions that didn’t compensate for his alleged inflation (the state’s view)."
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https://read.distractionfree.site/fortune/2023/12/15/trump-civil-fraud-trial-what-we-learned/
#civil #learned #Trump #Engoron #Bankers #Deutsche #ArthurEngoron
"(A video segment comparing herself to Michael Jackson was less effective—both because of the allegations against him, and because it felt like a rare bit of filler in this late and long show.)The entire event was so bursting with movement and mythos that I truly felt jolted when the Grim Reaper showed up toward the end."
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#theatlantic #culture #Madonna #MadonnaDeath #ALeague #Beyoncé #UnthinkableMadonna
"“We tend to think of productivity as the biggest driver of return, but in many cases, it is the long-term strategic application and the ability to drive the long-term strategic direction of the company, which leads to outsize returns,” he explains."
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https://read.distractionfree.site/fortune/2023/11/08/ai-playbook-best-practices/
#Duranton #McKinsey #BigTech #AnkurAgrawal #CounselingHealth #BCG #SylvainDuranton
"It’s likely that watching their parents navigate finances as a single adult amid economic crises like the Great Recession or the pandemic shaped younger generations’ attitude towards talking to their partner about money—especially since divorce became more common as zoomers and millennials grew up; spats about finances have even put pressure on boomers who have later-in-life divorces."
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#finances #GenZers #Planning& #GenXers #NorthwesternMutual #Sage #VeronicaFuentes
"The Senate has a similar short-term Pell bill to consider; it does not have the pay-for included, but advocates worry that if such a provision so easily slipped into the House legislation, it could be slotted into the Senate’s version as well.Adam Harris: The decision that upends the Equal-Protection clauseThe institutions that would be subject to the ban—several of which are still dealing with..."
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#theatlantic #diversity #HouseCommittee #PellGrants #LoansAmerica #NationalAssociation #LoansRonaldBrownstein
"“We tend to think of productivity as the biggest driver of return, but in many cases, it is the long-term strategic application and the ability to drive the long-term strategic direction of the company, which leads to outsize returns,” he explains."
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https://read.distractionfree.site/fortune/2023/11/08/ai-playbook-best-practices/
#Duranton #McKinsey #BigTech #AnkurAgrawal #CounselingHealth #BCG #SylvainDuranton
"Austin, Deltona, Fla., and Phoenix are off 5.5%, 3.2%, and 2.1% respectively, while Phoenix, Las Vegas, Boise, Colorado Springs, Raleigh, and Cape Coral, Fla., all showed smaller declines, meaning that they’ve also widely trailed a consumer price index that’s been running at about 3% since last August."
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#market #estate #Pinto #Midwest #Sunbelt #EdPinto #AmericanEnterprise
"Now they’re facing a wave of legal battles Inside long COVID’s war on the body: Researchers are trying to find out whether the virus has the potential to cause cancer Access to modern stoves could be a game-changer for Africa’s economic development–and help cut the equivalent of the carbon dioxide emitted by the world’s planes and ships Melinda French Gates: ‘It’s time to change the face of pow..."
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#investors #china #competition #researchers #tech #BusinessExecutives #AmericanInvestors
"The Congressional Budget Office said Friday it expects inflation to nearly hit the Federal Reserve’s 2% target rate in 2024, as overall growth is expected to slow and unemployment is expected to rise into 2025, according to updated economic projections for the next two years."
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#congressional #budget #office #inflation #unemployment #CBO #BureauOf
"As hundreds of videos and photographs hit the internet, some shot by Hamas during its attack, or by Gaza residents in devastated neighborhoods, international media organizations began emailing Clarity for help in weeding out deepfakes, according to Matias, who declined to let Fortune reveal his clients."
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#deepfakes #israel #tech #startups #Matias #Hamas #MichaelMatias
"The Congressional Budget Office said Friday it expects inflation to nearly hit the Federal Reserve’s 2% target rate in 2024, as overall growth is expected to slow and unemployment is expected to rise into 2025, according to updated economic projections for the next two years."
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#congressional #budget #office #inflation #unemployment #CBO #BureauOf
"He outlines several proposals for how regulators and policymakers could address our current problems, from the extreme and unlikely (such as nationalizing the airlines) to smaller, if still industry-shaking, interventions (requiring every major airline to serve a set of smaller cities, at regulated prices, for example; or requiring carriers to create “rainy day” funds that would reduce the need..."
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https://read.distractionfree.site/fortune/2023/12/15/air-travel-problems-holiday-season-2023/
#travel #season #Sitaraman #JohnWick #GaneshSitaraman #GettyImages #USDepartment