The road was intended as a solution to the gridlocked roads of India's commercial capital. But Mumbai is a densely populated peninsula, 25 miles (40km) long and 6 miles wide, where land is as scarce as snow. The new coastal road had to be built on land reclaimed from the Arabian Sea. An engineering marvel, it connects north and south, and is a dream for car owners, who used to average about 5mph through Mumbai's congestion.
San Francisco is one of the cities the authors use as a case study, and their mathematical simulation suggests that is could take up to 100 years of increasing housing supply at levels that are unrealistic at best to see rents fall to the level where a worker without an advanced degree could afford. "The simulation makes clear it is unrealistic to think that we can deregulate and build our way out of the affordability crisis with market-rate housing, even with large positive supply shocks, in any reasonable time frame," the study states.
A global contest is escalating between democratic institutions governed by the rule of law and lawless dictators who seek to enrich themselves and their cronies. Here at home, President Trump's tariffs are driving up costs for families. Millions of Americans have lost their health insurance so that Republicans could fund tax breaks for rich people. ICE is sowing chaos and terror in our communities, resulting in the tragic killing of Renee Good in Minnesota.
Taxing the rich to fund social services is, indeed, not a new idea: It's been around since the Civil War, when President Lincoln signed a bill taxing the better-off to pay the Northern efforts in the war. The bill exempted all income of less than what would be $16,000 today, and had a graduated scale: The highest rate, 5 percent, was on incomes of more than $10,000 ( equivalent in purchasing power to about $250,000 today).
The Gregorian Calendar is a scientific advance, although it was established by a pope. But the idea of January 1 as the start of a "new year" goes back much further, and is probably related to the winter solstice. In some older traditions, the new year started in March, when spring arrived. People in the Chinese and Jewish traditions celebrate the new year in the early fall or in February.
Walmart's chief executive, Doug McMillon, will step down on Jan. 31," The New York Times bullishly observed, "completing a 12-year run that moved the company from a staid brick-and-mortar retailer to a formidable challenger to Amazon, making the big-box store the envy of many in the retail industry." McMillon "leaves Walmart in a strong position after years of work repositioning it as a formidable digital player and more competitive employer." "I can't overstate how difficult it is to take a company with such a strong legacy and make it competitive in today's environment, given the pace of change," Joanna Starek, an adviser to chief executives, told the Times.
2025 was an extremely difficult year for corporate sustainability, especially in the U.S. Core priorities - from cutting carbon emissions and investing in clean tech to building inclusive workforces - were under constant attack, much of it from the government. At one point, the administration even tried to stop the construction of a giant offshore wind farm that was 80% done.
During his opening monologue on Jimmy Kimmel Live! the host branded the scheme the Get Into America Express Card, mocking its explicit transactional logic and its break from decades of immigration rhetoric. This is a card that will allow wealthy foreigners to live here, Kimmel said. For a million bucks, you get legal visitor status. You get a pathway to citizenship and a presidential pardon for one major crime of your choosing.
I see a lot of people who get passionate about change in our world to care about people but I don't see a lot of day to day action. Daily interactions are filled with people rushing, becoming easily frustrated and harshly judging others without consideration. Claiming to care about people while judging those who struggle, lack resources, or don't meet socially approved standards is a contradiction.
He is also known, as he admitted during the New York Times Dealbook conference on Wednesday, for being "an arrogant prick." And he thinks more leaders should be. "The critique I get on Wall Street is I'm an arrogant prick," Karp said, gripping both sides of his chair and leaning precariously forward in his usual animated style. "Okay, great. Well, you know, judge me by the accomplishment."
Despite recent wins by individual Democratic candidates in elections that focused on the issue of affordability, the Democratic Party is still in trouble. And it's not just the current state of Republican control of the White House and Congress, but also a supermajority of conservatives on the Supreme Court, seemingly hellbent on overturning hard-fought liberties and the Constitution itself. While the Republicans, led by President Trump, are outright denying that prices from food to healthcare continue to rise,
Mamdani and Lurie have a tremendous amount in common. Both are scions of privilege who bring little political experience to their jobs. The 34-year-old Mamdani, the progeny of a noted academic and an accomplished filmmaker, has been a state lawmaker for all of four years. Lurie, 48, grew up wealthy after his mother married Peter Haas, an heir to the Levi Strauss blue jeans dynasty. Before becoming mayor in January, Lurie had founded an anti-poverty nonprofit but had never held elected office.
That is a distraction. All of it is designed to distract you from the fact that your situation, your life, has not gotten better, Obama said. He continued, saying the Trump Administration was too worried about helping the wealthiest, most powerful people in the country while the average citizen's bills are still going up and while the program that helps your kid with special needs just got gutted.
Ireland's new president, Catherine Connolly, is a proud leftist who has served for almost a decade as an independent socialist member of the Irish parliament (Dáil Éireann), a blunt critic of the failures of neoliberalism and corporate globalization, and a visionary advocate for the sort of dramatic interventions that are needed to address the economic inequality that has made life increasingly unaffordable for working-class families.
We need to give teens supervised access to financial tools earlier in their lives. Let them learn financial responsibility through real experience. Help them build smart money habits in a controlled environment. By the time they hit 18, every teen should have the financial knowledge-and the confidence-to manage their money independently.
Nearly two million Black families in the US South have zero or negative net worth. More than half of the nation's Black population ( about 56 percent) lives in the South, including those nearly two million families with no monetary wealth. To compound the issue, this summer saw Black women nationally lose 300,000 jobs even as the US economy continues to grow.
The human condition includes a vast array of unavoidable misfortunes. But what about the preventable ones? Shouldn't the United States provide for the basic needs of its people? Such questions get distinctly short shrift in the dominant political narratives. When someone can't make ends meet and suffers dire consequences, the mainstream default is to see a failing individual rather than a failing system.
It's beautiful to see so many people all over the country standing up for democracy and against authoritarianism. This is no time for factions or political infighting; we face an existential emergency, and we all need to unite against that threat. I see signs all over supporting so many causes, and I love them all. But I want to take a moment to talk about why we are here.
Are you one of the millions of workers who've recently been laid off, had their wages cut, or are locked in an endless struggle just to hang onto the job you have? Are you tired of dreaming of a vacation that never seems to come, amidst a stagnating economy where all the wealth seems to line the pockets of a few powerful billionaires?
During these uncertain times-shaped by shifts in trade policy and geopolitics-keeping the consumer top of mind is vital. "Our focus is just maniacally on the customer," said Corie Barry, CEO of Best Buy, during a fireside chat with Fortune 's Emma Hinchliffe on Tuesday. Barry noted that it has never been more important for her to understand and adapt to the distinct behaviors of different consumers.
The notion that Detroit is in the midst of a renaissance is not true. A look across its 142 square miles shows that it is still mired in poverty. Although it has probably leveled off, the city has lost a massive number of residents. It also has many abandoned houses that will remain indefinitely. A small part of downtown has made a comeback, led by Rocket Companies founder Dan Gilbert, who has invested or brought hundreds of millions of dollars into the area.
Every time this happens, the creators say it's all in good fun, but the truth is blindingly obvious: someone with more money than compassion wants to amuse themselves by watching broke San Franciscans tire themselves out for the chance to get out of debt. The really sad part is that the need for that kind of cash has only grown in the past decade.
Critics accuse the film of being a clear case of broke man propaganda, romanticizing men's financial insecurity in the name of love. A TikTok post with more than 170,000 likes argues that the rom com directed by Celine Song is nothing but a true-to-life horror film about how trauma and low self-esteem limit women's choices and send them spiraling back to exes they know can't give them what they want. Women deserve financial stability AND love.
Delivering the mail is a 'Halloween job,' " Stephen Starring Grant observes in Mailman: My Wild Ride Delivering the Mail in Appalachia and Finally Finding Home. "An occupation filled with surprises and unpredictability, reflecting life's broader journey.
If we are serious about addressing the retirement crisis in America, corporations must be required to offer all of their workers a traditional pension plan that guarantees a monthly income in retirement.
