John Oliver destroys Trickle Down Economics and Liz Truss

John Oliver dissected Britain’s trickle-down tax cuts for wealthy British Prime Minister Liz Truss.

Video:

https://www.youtube.com/watch?v=E2c6ti2soSQ

Oliver said:

Truss’ plan controversially calls for massive tax cuts mostly for the wealthy, on the assumption it will eventually boost the economy for all. It’s basically trickle down bullsh*t again.

….

Immediately after the announcement of these tax cuts, UK financial markets were thrown into chaos. The pound hit a record low against the dollar and the Bank of England had to step in to prevent the collapse of pension funds. To make matters worse, Truss then disappeared from public view for days until a UK newspaper ran with the front page “Missing Have You Seen This PM?”.

….

This was a truly spectacular start to the Liz Truss era. She somehow managed to upset the UK market in less than a month, disappearing and enraging her own party.

The Republican solution to inflation is already being attempted in Britain, where they are already threatening to oust Liz Truss on a rail. Trickle-down economics is not an answer to the problems of the current economy.

The difference between the Tories and the Republicans is that the Tories are willing to throw their radicals out of their party. Republicans are uplifting those who push the terrible ideas forward, while Conservatives in Britain are trying to eliminate them.

Oliver was right. Trickle-down is nonsense and definitely not the answer to current economic questions.

Mr. Easley is the managing editor. He is also a White House press pool and congressional correspondent for PoliticusUSA. Jason has a bachelor’s degree in political science. His thesis focused on public policy with a specialization in social reform movements.

Awards and professional memberships

Member of the Society of Professional Journalists and the American Political Science Association

Toyota boss Akio Toyoda talks about EV skepticism, “comfortable dance”, his legacy

Toyota CEO Akio Toyoda speaks during a small media session September 29, 2022 in Las Vegas.

Toyota

LAS VEGAS — Akio Toyoda, CEO of Toyota Motor, last week simply said what he wants as his legacy: “I love cars.”

How the 66-year-old racer, car enthusiast and corporate scion will be remembered for his approach to all-electric vehicles versus gas-powered high-performance cars like the Supra or hybrids like the once groundbreaking Prius for years to come.

Toyota, the world’s largest automaker, plans to invest $70 billion in electric vehicles over the next nine years. Half of this is used for all-electric batteries. While it’s a significant investment in electric vehicles, it’s smaller than some competitors’ plans, and given Toyota’s global presence, not as much as some would like.

Despite criticism from some investors and environmental groups, Toyoda last week doubled down on its strategy of continuing to invest in a range of electrified vehicles, unlike competitors like Volkswagen and General Motors, who have said they will do it all. electric vehicles.

The plans could cement Toyoda’s “I love cars” legacy or tarnish it, depending on how quickly drivers embrace EVs.

“For me, playing to win also means doing things differently. Doing things that others might question, but which we believe will take us longest into the winners’ circle,” he said Wednesday during the annual Toyota dealer meeting in Las Vegas titled “Play to Win”.

Akio Toyoda with the new Toyota Supra

Paul Eisenstein | CNBC

Toyoda, who described Toyota as a big department store, said the company’s goal “remains the same and delights the widest possible choice of customers with the widest possible choice of powertrains.” hydrogen fuel cell vehicles such as the Mirai and 15 all-electric battery models.

Aside from the EV plans, Toyoda discussed several other aspects of the company’s business during last week’s dealer meeting and small roundtable with US media.

EV regulations and materials

Toyoda reiterated that he doesn’t think all-electric vehicles will be adopted as quickly as political regulators and competitors believe, for a variety of reasons. As examples of potential obstacles, he cited the lack of infrastructure, pricing, and customer choices that vary from region to region.

He believes it will be “difficult” to meet recent regulations calling for a ban on traditional internal combustion engine vehicles by 2035, as announced by California and New York to pass them.

“Just like the fully autonomous cars we’re all supposed to be driving by now, electric vehicles will take longer to become mainstream than the media would have us believe,” Toyoda said in a recording of the remarks to dealers shown to reporters. “In the meantime, you have many options for customers.”

Toyoda also believes there will be “huge shortages” of battery-grade lithium and nickel over the next five to 10 years, causing production and supply chain problems.

climate neutrality

Toyota’s goal is carbon neutrality by 2050, and not just through all-electric vehicles. Some have questioned the environmental impact of electric vehicles when considering resource extraction and overall vehicle production.

Since the introduction of the Prius in 1997, Toyota says it has sold more than 20 million electric vehicles worldwide. The company says those sales avoided 160 million tons of CO2 emissions, equivalent to the impact of 5.5 million all-electric battery vehicles.

“Toyota can produce eight 40-mile plug-in hybrids for every 320-mile battery electric vehicle and save up to eight times the carbon emitted into the atmosphere,” read prepared remarks for Toyoda provided to the media became.

Toyota’s reluctance to bring all-electric vehicles to market has been criticized by environmental groups including the Sierra Club and Greenpeace, which have ranked the Japanese automaker last in the auto industry’s rankings for decarbonization over the past two years.

Standing pat with dealers

Toyota has no plans to overhaul its franchised dealer network as it invests in electrified vehicles, some rivals have announced.

“I know you’re worried about the future. I know you’re concerned about how this business is going to change. While I can’t predict the future, I can promise you this: You, me, us, this business, this franchise model is It’s not going anywhere, it’s staying the way it is,” he told dealerships to thunderous applause.

The franchise-dealer model came under pressure after Tesla and newer EV startups began selling directly to consumers rather than through traditional dealers.

GM has offered buyouts to Buick and Cadillac dealers who don’t want to invest in EVs, while Ford announced last month that dealers wanting to sell EVs must become certified under one of two programs — with investments of $500,000 or $1 $.2 million.

‘joy dance’

As part of light-hearted and comedic comments to dealers, Toyoda said he danced when automaker GM went on sale in the US for the first time last year

Though Toyota executives said the performance was unsustainable — GM led through the first half of this year — Toyoda still felt it was cause for celebration.

“At Toyota, we like to keep our heads down and not talk about our success,” Toyoda said before reenacting the dance onstage. “But when I heard that you became #1 in the US last year, I actually did a little merry dance in my office.”

Maren Morris poses with Shaquille O’Neal in a now viral photograph

Take friendship to new heights.

On October 1st Maren Morris performed at The Event charity gala hosted by his Shaquille O’Neal Foundation at the MGM Grand Garden Arena in Las Vegas. That’s where the country star met Shaquille O’Neal herself and posted a photo of the two together, poking fun at their extreme size difference.

“Tall guys,” she captioned the Instagram pic, which has since gone viral and references her single of the same name.

At a petite height of 5ft 1in, Maren is almost two feet shorter than Shaq, one of the biggest NBA stars of all time. The retired fan-favorite basketball legend is 6ft 11in tall, as he clarified on TNT’s Inside the NBA 2020.

In addition to Maren, other cast members were also present at The Event Maroon 5, pit bull, YOU and comedian John Mulaney. The gala, sponsored by the Pepsi Stronger Together initiative, raised more than $3.2 million. Proceeds will benefit the Boys and Girls Club and Communities In Schools in Las Vegas and Atlanta, two of Shaq’s hometowns.

“It’s a great honor and an amazing lineup to be a part of,” Maren told E! News. “And I’m very glad I was asked.”

Tesla (TSLA) Q3 2022 Automobile Supply and Manufacturing Numbers

A Tesla Model Y on display at a Tesla store at Westfield Culver City Shopping Center in Culver City, California, United States on Thursday, April 14, 2022

Bing Guan | Bloomberg | Getty Images

The electric vehicle manufacturer Tesla has just published the vehicle production and delivery figures for the third quarter of 2022. Here are the numbers:

  • Total deliveries Q3 2022: 343,000
  • Total production Q3 2022: 365,000

Deliveries are the closest approximation of Tesla’s reported sales, and they fell short of analysts’ expectations, 364,660 vehicles, according to estimates compiled by FactSet-owned Street Account.

Tesla also said in its report that the company produced 19,935 its higher-priced Model S and X and 345,988 of its more popular Model 3 and Y in the third quarter.

Total production increased from the previous quarter in 2022, when Tesla said it made 258,580 vehicles.

In the year-ago quarter, Tesla reported deliveries of 254,695 vehicles and that it had produced 237,823 cars, including just 8,941 Models S and X, the company’s pricier sedans and SUVs with hawk-wing doors.

In the third quarter of 2022, Tesla faced rising commodity prices, executive turnover (with the notable departure of AI leader Andrej Karpathy in July) and growing pains at its new factories in Germany and Texas.

Tesla has not disclosed its vehicle production and delivery figures by region in the past.

In July of this year, Tesla had to temporarily halt most of its Shanghai factory production to carry out upgrades at the plant. However, by the month of August, the company’s production and deliveries in China had recovered, according to the China Passenger Car Association.

In the US, Tesla laid off an entire AI office late in the second quarter and made further staff cuts. Musk also called for all Tesla employees to work at least 40 hours a week in a Tesla office, even if they were previously allowed to work remotely.

After that, some employees were laid off and others decided to quit, while those who returned to the office found overcrowded conditions that lasted through the third quarter, making it difficult to get work done normally at some of the company’s facilities, including its own first US auto plant in Fremont, California and battery plant outside of Reno, Nevada.

In September, at a meeting with all employees at the Nevada Gigafactory, executives celebrated new production records and praised the employees’ hard work.

As CNBC previously reported, Tesla executives said August was a record month for the Fremont factory in terms of production, and that Tesla’s relatively new Austin, Texas factory reached a production rate of 1,000 cars per week on seven Daily basis, a promising milestone.

Covid vaccination linked to menstrual cycle lengthening: NIH

A healthcare worker administers a dose of the Pfizer-BioNTech Covid-19 vaccine at a immunization clinic at the Peabody Institute Library in Peabody, Massachusetts, on Wednesday, January 26, 2022.

Vanessa Leroy | Bloomberg | Getty Images

According to a large international study funded by the National Institutes of Health, the Covid-19 vaccination is associated with a slight lengthening of a woman’s menstrual cycle, delaying the onset of bleeding by a few hours.

dr Diana Bianchi, director of the NIH Institute for Child Health and Human Development, said the post-vaccination changes were small, transient and within the normal range. However, the longer menstrual cycle, typically around a month long, didn’t necessarily increase the number of bleeding days, according to the health agency.

A change in menstrual cycle length of eight days or less is considered within the normal range of variation, the NIH said. The participants’ menstrual cycles lengthened by an average of 0.71 days, or less than 24 hours, after the first vaccine dose and by just over half a day after the second dose, according to the study’s results. In women who received both doses of the vaccine in a single menstrual period, their cycle lengthened by 3.91 days.

But more than 1,300 women saw their cycle lengthen by eight days or more, accounting for 6.2% of the vaccinated and 5% of the unvaccinated in the study. Younger women who had longer cycles prior to vaccination were more likely to have a greater delay in the start of their periods.

After the vaccination series was completed, cycle length had largely returned to normal in women who received one dose per menstrual cycle, and by around 20 hours in women who received both doses in a single cycle.

Nearly 20,000 people in Canada, UK, USA, Europe and other parts of the world took part in the study. Participants received one of nine different vaccines: Pfizer-BioNTech, Moderna, Johnson & Johnson, AstraZeneca, Covishield, Sputnik, Covaxin, Sinopharm and Sinovac.

The changes in menstrual cycle length did not differ between the vaccines.

The researchers used data from a fertility tracking app called Natural Cycles. Women provided the app with information about their temperature and menstrual cycle length. Users of the app can select an option to provide their data for research purposes without any personal data.

Researchers had published preliminary results in January suggesting a link between the Covid vaccination and longer menstrual cycle length, and the study published this week confirmed the link. The NIH provided five research institutions with $1.67 million to study the problem.

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Biden warns Putin of NATO menace as Russia annexes Ukrainian areas

US President Joe Biden comments on Russian President Vladimir Putin’s comments on the military conflict in Ukraine after he…

Jonathan Ernest | Reuters

President Joe Biden has issued a harsh warning to Russian President Vladimir Putin against threatening NATO territory as Putin escalates his country’s war against Ukraine.

“America, with our NATO allies, is fully prepared to defend every inch of NATO territory. Every inch,” Biden said at the White House.

“So Mr. Putin, don’t misunderstand what I’m saying. Every inch,” Biden said, hours after Ukrainian President Volodymyr Zelenskyy said his country was submitting an “accelerated” application to join the North Atlantic Treaty Organization military alliance.

“America and its allies will not be intimidated by Putin and his reckless words and threats, let me stress that,” Biden said.

“He won’t scare us and he doesn’t intimidate us. Putin’s actions are a sign that he is struggling.”

Biden also said he had been in touch with US allies and said the leaks in the Nord Stream pipeline were intentional.

“It was a deliberate act of sabotage, and now the Russians are pumping out disinformation and lies,” Biden said. “We will work with our allies to find out exactly what happened.”

“Under my direction, I have already begun to help our allies improve protection of critical infrastructure, and at the appropriate moment, when the situation calms down, we will send divers down to find out exactly what happened.”

Earlier on Friday, Putin tried to justify Russia’s illegal annexation of four regions of Ukraine with referendums in which the people of those areas allegedly agreed to the takeover. Western officials have called the votes a fraud.

Shortly thereafter, the US announced new economic sanctions against hundreds of Russian officials and organizations in response to the Kremlin’s annexations.

The sanctions target several shell companies outside Russia, which were set up this year to help major Russian military suppliers evade sanctions they have already faced. The US also extended existing sanctions against senior Kremlin officials to their wives and adult children.

Correction: This article has been updated to correctly reflect President Biden’s statement, “It was a deliberate act of sabotage and now the Russians are pumping disinformation, lies.” An earlier version contained a typo.

(Replace) The D&Z household responds to the backlash over viral rescue movies and provides an outline of what occurred

Recently popular social media family the D&Z family faced backlash from social media users after being accused of conducting a rescue operation during the Florida floods caused by Hurricane Ian. They have denied the allegations and have responded with receipts about what happened behind the viral TikTok videos.

In a new sit-down video, Desire’e and Zay, along with Zay’s mom, provided the backdrop for what prompted them to go out even while it was still flooding their area. They explained that they parked their cars elsewhere to avoid major damage from the storm. When things calmed down, they went to get their cars and that’s where the videos started.

They explained that Zay’s mother, who was visiting from Atlanta, parked her car in a nearby parking garage. They had dropped her off so she could get her car. Little did she know, however, that the area she was trying to get to was super flooded. She had a hard time contacting Desire’e and Zay to let them know that there was too much water where she was going. They also admitted that they had tried to reach out to her as well but due to the service this was not possible. However, they were able to use social media to try to help their situation.

Desire’e and Zay say that as content creators they show the good and the bad and documenting that process is part of their job and it has helped them in this situation as well. A supporter saw the videos they were making and it helped them track down Zay’s mother. They apologized if anyone thought they were using the flooding to create content, but say the situation was very real to them.

As previously reported, after posting a series of videos on TikTok documenting their experiences, social media accused the family of staging the whole incident for attention.

TSR STAFF: Jade Ashley @Jade_Ashley94

Algae may very well be an essential half within the combat in opposition to local weather change

Like many coastal communities around the world, people living by the sea in the UK have been harvesting and consuming seaweed for centuries.

In Wales, Welsh laverbread – made by cooking a type of seaweed called laver – is a culinary delicacy so revered that it enjoys Protected Designation of Origin status.

Seaweed’s uses don’t end at the dinner table either: today, you can find them in everything from cosmetics and pet food to garden products and packaging.

With growing concerns about the environment, food security and climate change, this moist, edible treasure of the sea – which comes in many varieties and colors – could play an important part in our planet’s sustainable future, and Britain indeed wants to.

Towards the end of April, a project dubbed the ‘first facility for the seaweed industry’ in the UK celebrated its official opening, with stakeholders hoping it will help boost the commercialization of a sector that is well established in other parts of the world .

Seaweed Academy, as it is known, is located near the Scottish town of Oban. The UK government has committed £407,000 (approximately $495,300) to the project.

It is operated by the Scottish Association for Marine Science in partnership with its commercial subsidiary SAMS Enterprise and educational institution UHI Argyll.

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According to a statement from SAMS, one of the academy’s objectives is focused on “stimulating the growth of UK algal aquaculture”. In addition, the project will aim to explore “high value markets” and use research to increase the global competitiveness of British products.

Rhianna Rees is an Algae Researcher and Seaweed Academy Coordinator at SAMS Enterprise. In a recent interview with CNBC, she gave an insight into the type of jobs that needed to be done on an algae farm.

“It’s a lot less industrial than it might seem,” she said. “When you think of farming, you think of big machines, you think of mechanical harvesting, and that’s not at all what seaweed farming is about.”

“If you look at it from the outside, you can only see buoys in the water, and then under the water are these long ropes with … huge plumes of algae,” she went on to explain.

“If you want to harvest it, you go in and get the rope and pull it into the boat — and that’s basically it,” she said.

The apparent simplicity of the process is one thing, but starting a farm can be a whole different story.

“Getting licenses from … the various organizations in England and Scotland – that can be incredibly expensive and time-consuming,” Rees said. “So there are big challenges to even get into the industry.”

There were other factors to consider as well. “You get storm events, you get maybe years when it’s not growing very well, fluctuations in nutrients,” she said.

There is innovation on the horizon, Rees said, but it would be “a few years before we get to the area where we see the kind of optimization that we need for true scalability.”

cross country

Britain’s interest in growing and harvesting seaweed is not limited to the proposed work in and around Oban.

In the picturesque county of Cornwall at the south west tip of England, the Cornish Seaweed Company has been harvesting since 2012 and provides an insight into how the industry will develop over the coming years.

Tim van Berkel, the company’s co-founder and CEO, told CNBC that the company produces wild-harvested seaweed from the coasts for food use.

In 2017, the company complemented this land-based crop when it began growing algae from spores on the site of an existing mussel farm in the waters off Porthallow, a Cornish fishing village.

“They grow on lines suspended in the water, like buoys,” said van Berkel, adding that it was “similar to mussel farming.” The company grew two types of seaweed on the site, van Berkel said: sugar kelp and alaria.

Despite establishing the Porthallow site, the Company’s primary focus for now is onshore harvesting. “It’s really still the main business,” said van Berkel. “There’s five, six, other seaweeds that we harvest… from the wild, from the shores, which is going on all year round.”

Other companies looking to make a name for themselves include SeaGrown, which is based in the seaside town of Scarborough, Yorkshire and is working to set up a seaweed farm in the North Sea.

Further north, Seaweed Farming Scotland’s operations are based in Oban and focus on cultivating species native to the local waters.

The global picture

An aerial view of people working at an algae farm in Zhejiang province, China, 24 November 2021.

Jiang Youqing | Visual China Group | Getty Images

In 2020, a report by the United Nations’ Food and Agriculture Organization described seaweed cultivation as “dominated by countries in East and Southeast Asia”.

The industry is big business, with the FAO separately noting that the seaweed sector generated $14.7 billion in “first sale value” in 2019.

As the commercial seaweed sector is still in its early stages in the UK, it still has a long way to go before it can compete on the global stage.

Algae farming in Asia can often be large-scale, with sites spread over fairly large areas, as seen in the above photo of a farm in Zhejiang Province, China.

The US is also home to an algae farming sector, with the National Oceanic and Atmospheric Administration saying there are now “dozens of farms” in waters off New England, Alaska and the Pacific Northwest.

Aside from the commercial products derived from seaweed farming, there are other benefits, an obvious one of which is that fresh water is not required.

For their part, NOAA says that “algae are incredibly efficient at sucking up carbon dioxide and using it to grow.” In addition, it notes that “algae also gobble up nitrogen and phosphorus.”

While there are concerns about the permit in some parts of the US, the industry there has grown in recent years, with NOAA calling it the “fastest-growing aquaculture sector.”

It adds that in 2019 Alaska-based farmers produced over 112,000 pounds of sugar, ribbons and bull kelp. “This is a 200 percent increase from the state’s first commercial harvest in 2017,” it said.

Globally, the industry seems to have been on a rapid expansion course over the past two decades. According to the FAO report, global production of marine macroalgae — another name for algae — has increased from 10.6 million tons in 2000 to 32.4 million tons in 2018.

However, not everything went smoothly. “Global production of cultured aquatic algae, which is dominated by seaweed, has grown relatively slowly in recent years, even falling by 0.7 percent in 2018,” the FAO report said.

An aerial view of a site used for algae farming in waters off Bali, Indonesia.

Sasithorn Phuapankasemsuk | Istock | Getty Images

And while there seems to be a myriad of products and benefits associated with seaweed farming, there are also issues that those working in the industry will need to address and carefully manage in the future.

The World Wildlife Fund, for example, notes that in some cases algal species “have become invasive when grown outside of their natural range.”

WWF also cites the “entanglement of protected species with rope structures from seaweed farms” as a “potential concern”, but adds that such an event is unlikely and “there have been no credibly documented entanglements at sea for 40 years”.

Back in Scotland, Seaweed Academy’s Rees is optimistic about the future. “I think we’re really ready to see the growth,” she said. “I just hope the hype isn’t hype for the wrong reasons.”

“And as long as we all … work together to get the message across and get the education and get the development right, along with the support of governments and investors, then we’re going to see something that’s really useful for the world, really sustainable.” .”

People undergo from monetary burnout

A recession is a very real possibility.

With the Federal Reserve aggressively raising interest rates to combat persistent inflation, the tough stance may come at a price. Already, falling stock markets have wiped out more than $9 trillion in US household wealth.

Fed Chair Jerome Powell also warned that the central bank’s upcoming moves to combat rising prices could cause “some pain”.

And yet 31% of Americans say they are not prepared for an economic downturn and are not actively doing anything to better prepare for it, according to a recent Bankrate.com report.

More Form Personal Finance:
Inflation and higher interest rates are a ‘dangerous mix’
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“Recessionary depression, recession fatigue – whatever you want to call it, the impact on Americans’ financial security keeps coming, first with the devastating coronavirus pandemic, followed by 40 years of high inflation and now the growing risk of another downturn.” said Bankrate.com analyst Sarah Foster.

“Keeping up the motivation for more than two years to prepare for tough economic times can undoubtedly feel exhausting,” she said.

“This is not a human error, but rather a response to the overwhelming stress they are under,” added Jeffrey Galak, associate professor of marketing at Carnegie Mellon and an expert on consumer behavior.

“People have spent two and a half years coping with a global pandemic, uncertain financial future, political turmoil and rising inflation,” he said. “At some point people will run out of will to keep making good decisions about their future.”

When broken down by generation, younger adults or Gen Zers are more likely to experience “recession fatigue” compared to Millennials, Gen Xers and Baby Boomers.

They’re also the group inclined to say the pandemic has interrupted their formative years and are offended by a short-lived “hot vax summer,” Foster said.

“Recession fatigue is the nasty cousin of revenge spending,” she said. “Americans have been deprived of so many activities that brought them joy. It’s like financial apathy.”

Recession fatigue is revenge spending’s nasty cousin.

Sarah Forest

bank rate analyst

Even as the economy avoids a recession, consumers are already struggling in the face of sky-high prices, and nearly half of Americans say they are spiraling into debt.

If there were job losses, the impact would be widespread, but each household would suffer a setback of varying degrees depending on their income, savings and financial position.

Still, according to Foster, there are several universal ways to prepare it.

How to prepare for a recession

  1. Optimize your spending. Take a look at your budget to see what you’re spending your money on and if just a few extra dollars a week can be put into a savings account. “Every bit helps, especially as savings rates continue to rise,” Foster said.
  2. Put extra money in a fun fund. Recessions, or the fear of them, can affect your mental well-being, Foster said, especially if you cut yourself off from activities that involve spending money. “A fun fund can help you choose what excites you most without completely depriving yourself.”
  3. Reduce impulse purchases. Even as more Americans say they’re too skinny, they’re also spending more on impulse purchases. Shoppers spend an average of $314 a month on impulse purchases, up from $276 in 2021, a recent survey found. Think about those expenses, especially when it comes to large articles, to try to eliminate impulsiveness, Foster advised.
  4. Consider changing jobs. Despite a slowing economy, the job market is still strong, Foster said, and many workers could use that to their advantage. The typical worker who changed jobs between April 2021 and March 2022 saw a 10% jump in earnings after adjusting for inflation, the Pew Research Center found. Workers’ bargaining power may be cooling, but it remains strong — for now.
  5. Stay invested. While recent market slumps may deter current or potential investors, “stocks are heavily discounted from last year’s record highs,” Foster said, “meaning a declining market could be a good opportunity to focus on long-term investment goals.” “
  6. Find additional revenue streams. There may be ways to monetize your existing hobbies and interests to either meet the rising cost of living or save extra money. The most lucrative side hustles can even be done from home, e.g. B. writing resumes or transcribing audio. Otherwise, consider selling unwanted clothing or household goods to free up some money.
  7. Change the way you think. Rather than focusing on what not to buy, Foster recommends thinking about your long-term goals and how your money can help you get there. “Whether your goal is to buy a home or to retire early, make sure you balance that goal with your individual spending habits,” she said.

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Abortion rights protest sparked by Supreme Courtroom ruling in Dobbs

A pro-abortion rights protester takes part in nationwide demonstrations after the leaked Supreme Court Opinion raised the possibility of an abortion rights decision being overturned in Roe v. Wade in Houston, Texas on May 14, 2022.

Callaghan O’hare | Reuters

People across the United States skipped work on Friday to protest the Supreme Court’s recent decision overturning the federal constitutional right to abortion.

National teach-ins are organized by a group of Black women leaders and will be held online starting at 11:30 a.m. ET, hosted by actress and singer Naturi Naughton, with face-to-face meetings in cities including Atlanta, Washington, DC, New York City, Chicago and Oakland, California.

The event coincides with the 46th anniversary of the Hyde Amendment blocking federal Medicaid funding for abortion services.

And it also comes days before the Supreme Court’s next term, which begins on Monday.

Two of the organizers, Leslie Mac and Tiffany Flowers, said the idea for the event came from their dismay at the June verdict in the case known as Dobbs v. Jackson Women’s Health Organization.

That decision overturned the state right to abortion that had been enshrined since 1973 by the Roe v. calf was protected.

“I was on a text thread with other black powerhouse women who were genuinely disappointed in our leaders — devastated, hurt, confused and unsure of what came next,” said Flowers, campaign director for The Frontline, a progressive group .

“What could we do to live up to the moment? Our motto is, we don’t torture ourselves, we organize,” she said.

Flowers and Mac brought together partner groups including the Movement for Black Lives, Move On, the Women’s March, MomsRising Together, March for Our Lives and the Working Families Party.

Tracey Corder, who organized the partners for the event, said: “The day without us is for everyone – regardless of your identity – because we are all inherently worthy of physical autonomy.”

“Any assault on our economic, political and human rights is an assault on our collective freedom, and Roe’s overthrow is part of a larger project of oppression,” Corder said.

More than 60% of Americans disagree with the Dobbs ruling, according to an NBC News poll released earlier this month.

While reproductive rights are at the heart of the event, organizers say it is also being held in support of progressive causes such as climate change, access to housing and labor rights.

The event is for “everyone who is fed up with being sick and tired!” reads the website.

“It’s an invitation,” Flowers said. “Both online and in local pop-ups, this day-long event will serve as a space for people to connect with each other and connect the dots about our struggles together. The doors of the movement are wide open and reproductive justice is the way forward.”