California’s SB 876 is a bill that would create a state Digital Education Equity Program (DEEP). This program will be run by the California Department of Education, and the sponsors of the bill argue it would give help and training to schools and other educational organizations in using technology in their classrooms. The bill would require the California Department of Education to authorize grants to each of the state’s 58 county offices of education. Each county office of education would have to tell the department of education what they did with the money, who they helped, and how much money they used every year. (One of the co-authors of this post sat for some years on a county board of education and can testify that county offices don’t have the capacity to properly evaluate grant proposals in this area.) Much of the impetus for the bill appears to be addressing the “digital divide” in education. The digital divide refers to “the gap between those with sufficient knowledge of and access to technology and those without,” per an American University blog post . Educators in many schools lack access to sufficient information and professional development to cost-effectively plan for and […]

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Reversing decades of economic struggle in America’s former manufacturing centers is a high priority for leaders in cities and regions across the nation. Many would like to see technology-focused industries lead such a resurgence, but do they have enough qualified workers? And if not, how can they increase those numbers? A new RAND study uses quantitative and qualitative data to investigate the state of play in Pittsburgh, including comparisons with Nashville and Boston, and highlights a few important implications for the K–12 and postsecondary education sectors. In brief, the research team finds that the seven-county Pittsburgh metro area is decently positioned to capitalize on the anticipated growth of science- and technology-focused (STF) employment sectors, with some important caveats. Approximately 18 percent of Pittsburgh’s workforce is currently employed in STF occupations, ahead of both the national share and the share in the Nashville metro area (16 percent), but lagging the Boston metro area (21 percent). Additionally, a large proportion of Pittsburgh’s STF workers are in the health sector, which requires somewhat different skills than what analysts term “technician and production-related” industries, where the most job and wage growth is expected to occur. And while Pittsburgh’s STF workforce grew as a […]

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January 25, 2023 WASHINGTON – Today, U.S. Deputy Secretary of the Treasury Wally Adeyemo participated in a roundtable discussion on opportunities to advance economic and racial equity and expand access to capital for underserved Americans alongside senior representatives from the White House, six federal agencies, and over 20 organizations from the private and social sectors. The roundtable focused on federal community investment priorities and opportunities for the private and social sector to align their efforts to amplify the impact of these investments. The roundtable participants highlighted how legislation like the American Rescue Plan Act, Bipartisan Infrastructure Law, CHIPS Act, and Inflation Reduction Act provide the federal government the opportunity to drive capital into communities that have long lacked the resources necessary to create sustainable local economic engines, particularly for underserved and marginalized communities, including communities of color and low-income, rural, and Tribal communities. This includes programs like the Biden-Harris Administration’s historic investments of over $8 billion in CDFIs and MDIs under the Emergency Capital Investment Program, the nearly $10 billion provided to support small businesses under the Small Business Credit Initiative, and many others. The private and philanthropic sectors were represented at the roundtable by members of the Economic […]

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In June 2022, NHS England (NHSE) and the National Institute for Health and Care Excellence (NICE) launched the Innovative Medicines Fund (IMF). The £340 million fund will provide non-cancer patients access to cutting-edge treatments that still have uncertainties at the time of launch and promotes the UK as an attractive launch destination. The IMF was launched one month before the NHS shifted to a whole system approach, through the formal implementation of Integrated Care Systems (ICSs). “Any focus on improving patient access to innovative medicines – especially for rare and ultra-rare diseases – is extremely welcome,” said Sean Richardson, VP and general manager UK & Ireland, Alexion during a recent pharmaphorum webinar . Joining Richardson in an IQVIA-sponsored discussion on the opportunities and challenges of the IMF in the context of the ‘new’ NHS, were: Mohammed Asghar, Associate Director of Pharmacy: Prescribing Governance, Frimley Health; Jay Hamilton, programme director, industry partnerships, Health Innovation Manchester Academic Health Science Network; Angela McFarlane, vice president, strategic planning, Northern Europe, IQVIA; Nina Pinwill, head of commercial operations, NHS England; and Thomas Strong, interim associate director, managed access, National Institute for Health and Care Excellence (NICE). Parity of opportunity for patients The IMF is […]

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Americans love eggs. And it is a consuming love. We each eat about 280 eggs a year (more than half an egg per day). But lately, that love is costing us dearly: The price of eggs has tripled since the pandemic began and egg shortages are hitting parts of the country. That combination has created a rare window of opportunity for substitutes. Shell-shocked consumers The price of most food has risen over the last year and while that has caused a lot of shock and hardship for people across the country, the price of eggs has struck a particular chord. Eggs are often seen a cheap, reliable source of protein — a go-to when other things get expensive. When the price of eggs goes up, people get emotional. "It’s a hot button for consumers," says Bill Lapp, president of Advanced Economic Solutions , a food industry consultant. "It’s similar to driving down the highway and seeing gas prices at $5.30." Of course, it’s not just emotional: The price of eggs has risen more than the price of almost anything else in the economy. The reason? A lot of it has to do with the usual suspects: rising gas prices […]

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82-year-old finally gets to retire after going viral on TikTok CNN — Walmart, America’s largest private employer, said Tuesday that it will raise its minimum wage from $12 to $14 an hour as it tries to retain store and warehouse workers in a tight labor market for lower-wage industries. Walmart has 1.7 million workers in the United States, 94% of whom are hourly employees, according to its latest annual securities filing. The company hired hundreds of thousands of workers during the Covid-19 pandemic to meet strong consumer demand for groceries and other goods. In many areas of the country, particularly southern states that have not adopted higher wage laws, Walmart’s starting wage often serves as the local minimum wage. The company’s move is likely to have a ripple effect across the service industry. Why Walmart is eliminating single-use bags in some states but not others Walmart for decades been a target of criticism from labor groups for low pay, but it has been raising wages in recent years . Its latest move will close the gap with Amazon (AMZN) , Target (TGT) , Costco (COST) , and other rivals. Amazon (AMZN) and Target (TGT) have a $15 minimum wage, […]

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Tori Dunlap is the founder of Her First $100K Tori Dunlap, the founder of Her First $100K, launched a blog as a side hustle in 2016 with just $40. Six years later, her business has booked more than $4 million in annual revenue. She shared her advice for starting a business with little or no money. Sign up for our weekday newsletter, packed with original analysis, news, and trends — delivered right to your inbox. Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy Policy . Tori Dunlap launched her blog in 2016 with just $40. At the time, her only expenses were the domain name and website registration. Six years later, the financial-advice platform is booking $4 million in annual revenue. Dunlap created her blog as a side hustle, initially offering tips for life as a 20-something, before rebranding it in 2019 into Her First $100K . There, she documented her progress toward saving $100,000 by the age of […]

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Bugs asks the key question to Zaslav: What’s up Doc?What is the path to a money making WBD? Warner Bros. Discovery, Inc. (NASDAQ: WBD ) price at writing: $13, dead pooled for the present. Fair value calculated by SWS: $6.47 Overvalued by ~50% Margin of safety: -106.73% Net income 3 yr average: ( $5.727b ). Data by YCharts Mr. Market mostly likes WBD CEO David Zaslav’s cost-cutting, but remains wary about the prospects of him getting his arms around the multiple ailments of the marketplace and a debt load not easily solved. It is solvable, but not at its current size. Below: Our thoughts about a strategy that might be worth considering based on the theory to learn from history, not repeat it, which is the pouring of old wine into new bottles. A bit of ancient WBD history with resonance today follows For those too young or generally disinclined to believe that there is much more to explain as to why a stock moves than data sets on its recent performance, join us in a bit of archeological digging. What WBD once was, i.e., WCI (Warner Communications Inc.), comprises a lot more of what it IS now than […]

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Jack Sweeney has used the ADS-B Exchange site to track the private jets of Elon Musk and other celebrities. Jet-tracking student Jack Sweeney is calling for people to boycott ADS-B Exchange. JetNet announced it had purchased the public flight-tracking site on Wednesday. Sweeney uses the site to share flight data on celebrities, including Elon Musk and Donald Trump. Sign up for our newsletter for the latest tech news and scoops — delivered daily to your inbox. Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy Policy . The college student who tracks Elon Musk’s jet says he’s worried the tracking software he uses to keep tabs on celebrity aircraft could soon be yanked from the public after it was sold Wednesday. Aviation data company JetNet said on Wednesday that it bought ADS-B Exchange , a free website that tracked thousands of commercial aircraft around the world. Now it’s unclear whether the flight information on the ADS-B exchange will remain free […]

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Facebook-parent Meta Platforms ( META ) took a painful gut punch last year after Apple ( AAPL ) changed its privacy policies. But those troubles have eased for Meta stock, leading to an improved outlook for 2023, according to one analyst. "We are looking at a scenario in which Meta will have more or less ramped ad products to replace the lost revenue following Apple’s privacy moves, previously pegged at about $10 billion," Credit Suisse analyst Stephen Ju wrote in a note to clients. Ju raised his price target on Meta stock to 180 from 145 and maintained a rating of outperform. Meta lost roughly $10 billion in ad revenue last year after Apple changed privacy policies for the iPhone. That change made it more difficult to accurately target users with ads. But with technology improvements made by the company with its advertising strategy approach, Ju expects to see "gradual improvements to Meta’s revenue dollar growth." Meta stock dropped 1.2% to close at 141.50 on the stock market today . Meta Stock: A Less Optimistic View Monness Crespi Hardt analyst Brian White also issued a Meta report Wednesday, but was less optimistic. "Meta faced a host of headwinds in […]

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