Uncategorized
Young and unemployed? Remote work, not AI, may be the problem, study finds
WASHINGTON | The rise of remote work since the pandemic has made businesses more reluctant to hire young, inexperienced workers and is the key driver of higher unemployment rates for recent college graduates, a study released Monday has found. The study, by the Federal Reserve Bank of New York, compared occupations that can be done […]
The cheesehead hat is a sunny nod to America’s ‘Hold my beer’ exuberance
Americans long have leavened their powerful global image with goofiness, a cheerful confidence that can deflect international wonder over certain strains of ignorance into a smile. Behold, for example, the cheesehead hat. Made of sofa foam and sunny yellow defiance, the hat was created in the late 1980s in response to the taunting faced by […]
US bombs Iranian military sites and Tehran targets American troops in Kuwait
DUBAI, United Arab Emirates | The United States said Monday that it bombed radar and drone sites in Iran after Tehran shot down an American drone over the weekend. Iran then said it targeted American soldiers in Kuwait with missiles, which the U.S. says it shot down. The nominal ceasefire between Iran and the U.S. […]
Macron says French Navy, backed by the UK, intercepted a sanctioned tanker from Russia
PARIS | The French Navy, with support from the United Kingdom, has intercepted an oil tanker under international sanctions that was traveling from Russia, the most recent effort by nations that support Ukraine to target Russian oil exports helping to finance President Vladimir Putin’s war. French President Emmanuel Macron announced the interception in a post […]
Hundreds of youths protest outside Kenya’s Ebola quarantine center for US citizens
NAIROBI, Kenya | Hundreds of youths in Kenya’s central town of Nanyuki on Monday demonstrated against the establishment at the Laikipia Air Base of an Ebola quarantine center for American citizens exposed to the virus. The protests come two days after Kenya’s High Court suspended the establishment of the facility and the arrival of any […]
Venezuela’s ruling party unity cracks as Delcy Rodríguez shifts Chávez-era policies
It’s a slogan that’s long encapsulated the unique ability of Hugo Chávez’s fiercely nationalistic revolution to stay in power in Venezuela for 27 years: “United, we will win!” The young, the old, ruling party leaders and propagandists alike shout it at official events, street demonstrations and on state television, pumping their fists to show loyalty […]
Jerome Powell uses JFK award speech to warn against political pressure on Fed, courts and schools
BOSTON | Former Federal Reserve Chair Jerome Powell used one of his first major public appearances since leaving office to defend independent institutions while accepting an award Sunday honoring his efforts to preserve the central bank’s independence. Speaking at the John F. Kennedy Presidential Library overlooking Boston Harbor, Powell called universities, courts, Congress and the […]
Trump is facing a new inflation warning from the bond market, adding to his midterm challenges
WASHINGTON | The world is getting more uptight about lending money to President Donald Trump’s government — causing interest rates to climb in ways that are worsening affordability pressures, hampering economic growth and creating a new risk for Republicans in November’s midterm elections. The energy price spike triggered by the Iran war has seeped into […]
France’s parliament votes to repeal slavery-era Black Code, with tears and history in the chamber
PARIS | For nearly two centuries after France abolished slavery, the colonial-era law that classified humans as property has remained quietly on its books. On Thursday, the lower house of Parliament voted to wipe it from French law. The National Assembly voted 254-0 — a rare show of unanimity — to adopt a bill repealing […]
Gamification and memes lure young people to sports wagering apps, prediction markets
When Rory McIlroy won the Masters for the second year in a row, Kalshi shared a photo of him on Instagram with the words, “Wait he’s goated.” When a video of NBA player Damian Lillard recovering from an injury circulated online, Kalshi’s main competitor Polymarket posted, “The league is cooked.” If you don’t know what […]