May 2021

“People actually have a lot of money,” the JPMorgan (JPM) CEO said at a House Financial Services Committee hearing aimed at holding the megabanks accountable, “and they don’t particularly feel like going back to work.” Some industries, including restaurants and factories, have reported hiring struggles in recent months. Economists have cited three main causes: lingering health concerns, a lack of childcare and the $300 boost to federal unemployment benefits that could make it harder to fill lower-wage positions. Many GOP-led states have recently decided to stop paying those enhanced unemployment benefits. Honeywell (HON), the world’s largest industrial company by market…

Written by Jacqui Palumbo, CNN Picture a sunlit modern interior built from light wood, where private apartments open up into airy communal spaces. Residents organize their social activities and hobbies in groups, connecting over shared interests. They meet regularly to vote on community rules. If you are elderly or a new parent — or simply lonely — there is always someone around for support. This way of living may sound like an impossible utopia, but some are already experiencing its potential. “What We Share. A model for cohousing” is a concept for a housing project designed by founding architects Siv…

Leaders from the Tk’emlúps te Secwépemc community in the southern interior of British Columbia, where the school was located, said that there are far more questions than answers so far regarding the discovery. “The federal government has to play a role in making sure that these families know what happened, these families know the truth, that these families can have closure and Canada can confront the reality of this genocide,” said New Democratic leader Jagmeet Singh, noting that if this had happened anywhere else in the world, Canada would demand answers and an international investigation. He called on the government…

Yet on June 1, 2020, when peaceful protesters were targeted by police in riot gear right outside of his home, Dubey gave them refuge — eventually sheltering 72 of the demonstrators overnight. His act of compassion ensured they all avoided arrest and made it home safely the next day. But the connections made that night have grown over the last 12 months and transformed lives, particularly Dubey’s. “Bigotry, discrimination, racism, hate,” Dubey, 45, told CNN. “These are all counter-intuitive to what I believe in. And yet, I tolerated it.” Dubey acknowledged that he had not attended organized protests in the…

We’re going on vacation again, drinking heavily (still), dressing up and eating out. Oh, we’re apparently having a lot of sex, too — so, good for us! Here’s some of the biggest signs that this summer about to be off the hook. Americans making summer vacation plans are about to feel some sticker shock when they shop for flights: Airfare costs are near or even above pre-pandemic levels, according to the nation’s major airlines. Executives from most of the major carriers said the recovery in domestic leisure travel is already here. That means yields, which measure how much passengers pay…

“It’s a total nightmare; it’s a total feeling of no control. It’s heart-wrenching,” said Rose Fenster, mother of Frontier Myanmar editor Danny Fenster, on CNN’s “Reliable Sources” Sunday. “I just want my son home no matter what it takes. Please release him and send him home to his family.” Fenster, 37, was stopped at the Yangon airport as he tried to board a flight out of the country last week. He was on his way home to surprise his parents. Fenster is a US citizen from Detroit. He works in Yangon, Myanmar’s largest city. Buddy Fenster, Danny Fenster’s father, told…

Bennett announced that he would be forming a national-unity government with Yair Lapid, the leader of the centrist Yesh Atid opposition party. The parties opposed to Netanyahu not only have a majority in Israel’s parliament, the Knesset, but they are now actually working together. This may spell the end of Netanyahu’s long period in power — 12 years since he returned to office in 2009, 15 years in total. But it would be premature to pronounce the end of Israel’s Netanyahu Era. For a start, Netanyahu is still prime minister and unlikely to leave his official residence in Jerusalem without…

Wilder was fired last week after serving just two weeks on the job. The AP said a series of Wilder’s pro-Palestinian tweets violated its social media policy, although the AP has not said which tweets violated that policy. “Emily Wilder was let go because she had a series of social media posts that showed a clear bias toward one side and against another in one of the most divisive and difficult stories we cover,” said Brian Carovillano, the AP’s managing editor, on CNN’s “Reliable Sources” Sunday. “It was a difficult decision; it was not an easy decision, and it was…

Flags on all federal buildings are being lowered to half-staff following the horrific discovery of the remains of 215 children found buried near a residential school in Canada. CNN’s Paula Newton reports. Source link

The donor, a community member who didn’t want his identity revealed, was inspired to make change after realizing the lack of diversity in Centennial High School’s athlete scholarship. He reached out to the school’s athletic department with a concern about their program, which required student athletes to have a cumulative grade point average above 90. “When we tweeted out a photo of these scholar athletes after one of our banquets, it was like 16 kids from the football team, and all but one was White,” Centennial High School athletics director Jeff Burch told CNN. “Our football team does not look…