Author: Daniel snow

Tariff-fueled inflation, meteor strike both rare

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A top White House economic advisor on Tuesday likened the odds that President Donald Trump’s tariffs will lead to higher prices to those of a meteorite striking earth.”Rare events happen. We get pandemics or, or meteors or whatever,” said Stephen Miran, chairman of Trump’s Council of Economic Advisers, on CNBC’s “Squawk Box.”But “there’s just no evidence thus far of it happening,” Miran said.Anchor Melissa Lee noted that Miran was equating tariff price increases with extremely rare events.”I don’t mean to be dismissive,” he replied. “All I mean to say is that prediction is difficult, and we should always speak in terms of…

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7 science-backed foods that help you feel younger, sharper

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A recent study conducted by Harvard researchers found that adopting a plant-based diet can boost your health and increase your likelihood of living a longer life — even if you don’t start until middle age.The paper, published in the journal “Nature Medicine” in March, found an association between eating plant-based and healthy aging.For the study, healthy agers were defined as participants aged 70 or older who were free of chronic conditions like heart disease and had excellent cognitive, mental, and physical health.Researchers followed 105,000 participants between the ages of 39 and 69 over the course of 30 years to determine…

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Black expats say living abroad is cheaper, safer and more inclusive

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For many Black Americans, moving abroad has been the key to an easier way of life — one where their skin color isn’t cause for concern.”[Black expats] really see a kind of oasis for them to really create the life that they dreamed of in a way that’s financially feasible, safe and a bit more inclusive than what they found in the United States,” says Darcel Duncan, senior brand manager at Travel Noire, a website dedicated to Black travel experiences.Aborisade doesn’t feel the need to stick to a strict budget but ensures her financial priorities, such as rent and utilities,…

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How an endowment tax in Trump’s big beautiful bill may impact colleges

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The “one big beautiful” tax-and-spending package President Donald Trump signed on Friday included several significant changes for higher education — among them, an increased tax on the endowment income of the nation’s top colleges.Instead of the existing flat 1.4% tax rate, there is now a new multi-tiered rate of up to 8%, with larger endowments subject to the highest rate. (Schools with fewer than 3,000 tuition-paying students are exempt, regardless of their endowment size.)The Joint Committee on Taxation estimates this endowment tax will bring in $761 million over 10 years. Higher education experts say the new, higher tax rates could lead to…

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Former UK Prime Minister Rishi Sunak returns to Goldman Sachs

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Rishi Sunak on the grid before the F1 Grand Prix of Great Britain on July 06, 2025 at Silverstone Circuit in Northampton, England.Bob Kupbens | Icon Sportswire | Getty ImagesFormer U.K. Prime Minister Rishi Sunak is set to rejoin Goldman Sachs as a senior adviser, the bank announced Tuesday, a year after his Conservative Party suffered a major election loss.”I am excited to welcome Rishi back to Goldman Sachs in his new capacity as a Senior Advisor,” David Solomon, chairman and CEO of Goldman Sachs, said in a statement.”In his role, he will work with leaders across the firm to…

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