Aspen Institute

A new benchmark from the Aspen Institute reveals that approximately three-fourths of Americans do not have sufficient wealth to prosper in today’s economy. The study highlights a lack of necessary net worth for financial stability across different age groups.

Katie Couric was diagnosed with transient global amnesia after experiencing an episode on June 27, 2026, during which she lost memory of a full day, including panels at the Aspen Ideas Festival. Doctors ruled out a stroke, and she regained her memory but has a memory gap from noon to 7 p.m. that day.

Katie Couric experienced a stroke scare that led to a diagnosis of temporary memory loss. She reported confusion, believing Joe Biden was president and forgetting recent events, including a newborn granddaughter, before being diagnosed with transient global amnesia.

The author opened a Trump Account for their newborn daughter, eligible for a $1,000 government-funded investment due to her birth in 2026. Despite financial constraints, they consulted advisors and used the Trump Accounts app to set up the account, which allows funds to grow until the child turns 18.

A U.S. House Education and Workforce subcommittee held a bipartisan hearing to examine private equity's influence in youth sports, focusing on concerns about rising costs and reduced access for families. Testimony highlighted both potential benefits of private investment and risks of prioritizing financial returns over child development. The youth sports industry generates $40 billion annually, with families spending an average of $1,016 per year per child on participation.

A U.S. House subcommittee held a bipartisan hearing to examine private equity's impact on youth sports, focusing on rising costs and reduced accessibility. Lawmakers emphasized the need to balance private investment benefits with preventing practices that limit family access, while a journalist highlighted concerns about prioritizing investor returns over child development. The youth sports industry generates $40 billion annually, with families spending an average of $1,016 yearly per child on participation.

A U.S. House Education and Workforce subcommittee held a bipartisan hearing to examine private equity's impact on youth sports, focusing on concerns about rising costs and reduced access for families. Lawmakers and experts highlighted both potential benefits and risks of private investment, with a $40 billion industry at stake, as companies like Brand Velocity Group acquire youth sports management firms.

BlackRock CEO Larry Fink expressed concern about New York City's future under Mayor Zohran Mamdani, citing potential tax impacts on the city's finances and considering alternative business locations if conditions worsen. Fink criticized the city's '13 years of weak administrations' and highlighted disparities in tax services, comparing New York's system to the Netherlands. He stated BlackRock could shift resources if the New York environment deteriorates.

A U.S. House subcommittee held a bipartisan hearing to examine the impact of private equity on youth sports, with lawmakers expressing concerns about rising costs and reduced access for families. Testimonies highlighted both potential benefits of private investment and risks of prioritizing financial returns over child development. The hearing followed recent private equity acquisitions in youth sports management, including Eli Manning's firm acquiring RCX Sports.

Allstate CEO Tom Wilson advocates for companies to use AI to create more jobs rather than just cutting costs, arguing that businesses have an obligation to address public concerns about technology and employment. Wilson has positioned himself as a CEO willing to tackle controversial topics, previously calling for higher wages and launching initiatives to rebuild public trust during polarized times.