All posts tagged: simple terms

Trump Is Facing Some Serious Financial Troubles

Trump Is Facing Some Serious Financial Troubles

[ad_1] The danger posed to Donald Trump’s finances by two recent judgments against him has been, if anything, underappreciated. The size of the awards, the structure of the former president’s business empire, and the condition of the real-estate market combine to create a truly perilous moment for the former president’s company and, by extension, for Trump’s personal finances. Trump must put up the $83.3 million awarded to the writer E. Jean Carroll for defamation by March 9. He also owes more than $450 million—the amount continues to grow because of interest—in a fraud case brought by New York Attorney General Letitia James, and must put up cash or post a bond by March 25. He has appealed both decisions. Trump doesn’t have that money on hand. In an April 2023 deposition for the fraud case, Trump said, “We have a lot of cash. I believe we have substantially in excess of $400 million in cash, which is a lot for a developer. Developers usually don’t have cash. They have assets, not cash. We have, I …

Let Them Cook – The Atlantic

Let Them Cook – The Atlantic

[ad_1] The Joy of Cooking, one of the most popular cookbooks in American history, entered kitchens in 1931 with a simple premise: Anyone can learn to make a meal. The Depression had disrupted the food supply, leaving a generation of new homemakers doubting their ability to furnish healthy, varied dishes from sparse pantries. The book’s popularity lay in author Irma Rombauer’s approachable, if I can do this, you can too tone, an attitude that would help change how everyday Americans made dinner. Nearly a century later, another generation of young cooks has faced another global catastrophe, and emerged with their own relationship to cooking. While the coronavirus pandemic sent millions of Americans away from restaurants and into their kitchens, its culinary impact was formative for Gen Z, many of whom were in their teens or early 20s when it began. Whether stuck in their parents’ homes or on their own, these young people embraced cooking as an act of independence and, as one researcher told me, coping. On TikTok, cooking tutorials have hundreds of millions …