[ad_1] Founded by Conrad Hilton, the hotel magnate, the Hilton Foundation is one of the biggest financial backers of Catholic sisters’ work around the world, and has given roughly $28.5 million to Vatican-led initiatives, including Vatican departments, since 2020. Francis saw donors as vital partners. He looked to them not only to fund the causes…
[ad_1] There are proposals from Republicans in Congress to increase the tax on large endowments, potentially to 14 percent, much higher than the 1.4 percent put in place eight years ago. Assuming a 10 percent return, that would leave Harvard with a tax bill of about $742,000,000, roughly equal to what it spent on financial…
[ad_1] Sarah Paiji Yoo started her career in finance and then founded several start-ups, mostly in the fashion and beauty worlds. But during parental leave after the birth of her first child, she realized how many microplastics her family was inadvertently consuming. “I started to have mixed feelings around pushing people to buy more things,…
[ad_1] A federal judge in Louisiana expressed concern on Friday that the Trump administration had deported a 2-year-old U.S. citizen to Honduras “with no meaningful process” and against the wishes of her father. In a brief order issued from Federal District Court in the Western District of Louisiana, Judge Terry A. Doughty questioned why the…
[ad_1] One of my most deeply held values as a tech columnist is humanism. I believe in humans, and I think that technology should help people, rather than disempower or replace them. I care about aligning artificial intelligence — that is, making sure that A.I. systems act in accordance with human values — because I…
[ad_1] Virginia Giuffre, a former victim of Jeffrey Epstein’s sex-trafficking ring who said she was “passed around like a platter of fruit” as a teenager to rich and powerful predators, including Prince Andrew of Britain, died on Friday at her farm in Western Australia. She was 41. Ms. Giuffre died by suicide, according to a…
[ad_1] In response to a White House proposal to end the war in Ukraine that critics say would grant the Kremlin much of what it wants, Ukraine’s leadership has drafted a counteroffer — one that in some ways contradicts what President Trump has demanded, but also leaves room for possible compromises on issues that have…
[ad_1] There are some 48,000 barrels of Scotch whisky quietly aging in Martin Armstrong’s warehouses in southwestern Scotland. Last year, 17 of them became a problem. Mr. Armstrong normally deals with companies that buy hundreds of barrels at a time from distilleries, then pay him to store them as they age. In July, he started…
[ad_1] It is in a president’s interest to ensure that the economy and the stock market are strong. Yet the Trump administration has been doing just the opposite. The mood in the markets has been upbeat this week, largely because the president and his advisers softened their stances, rolling back some of their threats toward…
[ad_1] Stock market gyrations. Inflation. Layoffs of federal workers. A possible recession. Children may overhear their parents talking about these things and not fully understand what’s going on or how it may affect their family’s finances. But if the children have questions, parents should be ready to talk, experts say. “Parents are the biggest influence…
