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Lawyers estimate that as many as 75 women could have a claim in the $72.5 million settlement reached with Bank of America over alleged involvement in Jeffrey Epstein’s sex‑trafficking network. U.S. District Judge Jed Rakoff has instructed counsel to assemble a broad list of publications by the upcoming Friday to ensure every potential victim receives notice, emphasizing that "nobody is left out." A final approval hearing is scheduled for August 27. The settlement was first disclosed in court filings on March 27 after a proposed class‑action lawsuit was permitted to move forward. In October, a plaintiff using the pseudonym Jane Doe filed the suit on behalf of herself and other alleged victims, accusing the bank of overlooking suspicious transactions tied to Epstein’s operations. According to the complaint, Bank of America allegedly benefited knowingly from its relationship with Epstein and impeded enforcement of the Trafficking Victims Protection Act, a federal statute aimed at combating sex trafficking. Bank of America reiterated its stance that it did not facilitate Epstein’s crimes, stating that the resolution allows the institution to move past the matter and provides "further closure for the plaintiffs." Judge Rakoff gave preliminary approval, noting that while no monetary figure can fully compensate for the magnitude of Epstein’s offenses, victims are entitled to restitution from any party that "knowingly, recklessly or otherwise unlawfully facilitated" the trafficking. This agreement follows similar settlements in 2023: JPMorgan Chase paid $290 million and Deutsche Bank settled for $75 million with Epstein victims. Rakoff previously dismissed a suit against Bank of New York Mellon; the plaintiffs are now appealing that decision. He stressed that liability should be limited to entities that knowingly assisted or profited, not to every organization that merely intersected with Epstein’s network. Jeffrey Epstein, a wealthy financier who died by suicide in a New York City jail in 2019, was accused of preying on girls and young women for decades and maintained ties to high‑profile figures across politics, arts, and business. One of Doe’s attorneys, David Boies, believes that 60 to 75 women may qualify for the settlement, and cautions that additional claimants could emerge as the search continues.

Rising fortunes among the ultra‑rich under the Trump administration have ignited a wave of tax‑reform campaigns across the United States. In California, volunteers like Karen Sanchez are gathering signatures for a one‑time 5% wealth tax targeting the state’s 200‑plus billionaires to offset federal cuts to hospitals, education and food‑assistance programs.At least ten states are exploring similar measures. Washington recently enacted its first income‑tax aimed at roughly 20,000 millionaire households, while Massachusetts and Minnesota already channel wealth‑tax proceeds into preschool, K‑12 meals and transportation infrastructure.On the federal front, Senators Bernie Sanders and Representative Ro Khanna have introduced the “Make Billionaires Pay Their Fair Share Act,” proposing an annual 5% levy on billionaire net worth. Khanna argues that the ultra‑wealthy fund private health insurers, defense contractors and political campaigns, creating a stark fairness gap.Data from Oxfam shows that in the twelve months after Trump’s re‑election, billionaire fortunes grew at a rate three times faster than the average annual growth of the previous five years. Meanwhile, the federal minimum wage has remained stagnant at $7.25 for fifteen years, underscoring the widening economic divide.A Data for Progress poll released last fall found that 70% of Americans believe the economic system favours corporations and the wealthy. “People are angry and want change,” says Amy Hanauer of the Institute on Taxation and Economic Policy (ITEP), noting that activists are leveraging every level of government to seek relief.The movement draws on a two‑decade history of class‑based activism, from the Occupy Wall Street protests to Senator Sanders’ 2016 campaign that foregrounded wealth‑tax proposals. Yet inequality has deepened: CEOs of the five largest U.S. firms now earn, on average, **$52 million** annually—over a thousand times the typical worker’s salary.Political spending by billionaires has also exploded. A recent New York Times analysis reveals that billionaire contributions rose from **0.3% of campaign funds in 2008** to **19% in 2024**, amounting to more than **$3 billion** from roughly 300 ultra‑rich donors, many of whom supported candidates opposing wealth taxes, including former President Donald Trump.The war in Iran has further inflamed resentment, with the United States spending **$11.3 billion** in the first week of bombardment—far exceeding the annual budgets of agencies such as the CDC, EPA and the National Cancer Institute.Local victories are feeding the momentum. New York City’s mayoral race saw Zohran Mamdani win on a platform that includes taxing the rich to fund affordable housing, groceries and transit. Councilmember Chi Ossé led a 1,500‑person march to the state capitol, urging Governor Kathy Hochul to permit a city‑level millionaire tax, a move that now has backing from some state Democrats.Beyond New York, states like Rhode Island, Hawaii, Pennsylvania, Virginia, Illinois and New Mexico are debating various wealth‑tax mechanisms, including the popular “mansion tax” on high‑value home sales. Currently, **17 localities** have adopted such taxes, most passed between 2018 and 2023.California’s gubernatorial race has become a flashpoint. Billionaire‑backed candidates Matt Mahan and Tom Steyer are vying to replace Governor Gavin Newsom, with the tech elite—such as Sergey Brin and Joe Lonsdale—pouring money into campaigns opposing the billionaire tax. Of the 30 billionaires who have contributed to the race, **25 supported Mahan**, who has positioned himself as a staunch anti‑tax candidate.For Sanchez, the stakes are personal. The proposed tax seeks to replace **$100 billion** in federal health‑care funding cut by Trump’s “One Big Beautiful Bill Act,” which threatens hospital closures and layoffs in the nation’s fourth‑largest economy. She aims to collect **875,000 signatures** by late June to secure the initiative on the November ballot.“It’s creating a network of groups all working toward a common good,” Sanchez says, reflecting a broader sentiment that collective action could finally translate the public’s demand for fiscal fairness into concrete policy.

In a bid to reduce greenhouse gas emissions and improve public health, thousands of New Yorkers are making the switch from gas stoves to induction stoves. A recent project in the Washington Heights area of Manhattan has installed induction stoves in 15 co-op apartments, providing residents with a cleaner and healthier way to cook.The project, supported by state and city governments, as well as non-profit groups, aims to reduce the risks associated with gas stoves, including nitrogen dioxide emissions and climate change. According to a study, people who replaced their gas stoves with electric alternatives were exposed to less than half the amount of nitrogen dioxide emissions.Residents, such as Marcos Ramos, are excited about the change. “It makes sense”, he said. “If you’re minimizing risk with the gas, the fire, then environmentally, health-wise, it makes sense. It’s logical.”The induction stoves, supplied by Copper, use magnetic fields to heat cookware directly, making them more efficient and environmentally friendly. The project is part of a larger effort to promote clean energy and reduce greenhouse gas emissions in New York City.Advocates claim that induction stoves are a viable alternative to gas, which has jumped in price amid the Iran war and poses health risks to residents. The city is also working on a $32m pilot to replace gas stoves in 10,000 apartments across the New York City Housing Authority (NYCHA) system.While some states, including New York, California, and Hawaii, are stepping up to promote induction stoves through rebate programs, others are facing resistance from the gas industry and Republican politicians.

America faces an unprecedented concentration of wealth: the richest 1% now control more assets than the bottom 93% of households, and a single individual, Elon Musk, with a net worth of $805 billion, holds more wealth than the lower‑half of the population combined.Recent tax policies have amplified this gap. In the year following the largest tax cut in U.S. history, 938 billionaires added $1.5 trillion to their fortunes, while President Trump and his family saw a modest increase of $4 billion. Four Wall Street giants—BlackRock, Vanguard, Fidelity and State Street—own stakes in more than 95 % of publicly traded companies, cementing corporate dominance across the economy.Political influence mirrors financial power: by the 2026 midterms, just 50 billionaires had poured over $433 million into campaign activities, shaping policy to protect their interests.Meanwhile, the average American worker is earning roughly $20 per week less than in 1973 after inflation adjustment, despite decades of productivity gains. The Rand Corporation estimates that $79 trillion has shifted from the bottom 90 % to the top 1 % over the past half‑century.Economic hardship is widespread: 60 % of households live paycheck to paycheck, nearly half of older workers lack retirement savings, and over 20 % of seniors survive on less than $15,000 annually. Health‑care insecurity affects 85 million Americans, with more than 500,000 filing for bankruptcy each year due to medical debt.At the heart of the problem is a tax code engineered by the affluent. Billionaires now pay lower effective rates than typical workers. For example, Musk’s tax rate sits below 3.3 % compared with an 8.4 % rate for a truck driver; Jeff Bezos paid under 1 % versus 8.7 % for a firefighter; Michael Bloomberg’s rate was 1.3 % against 13.3 % for a registered nurse; and Warren Buffett’s rate was a mere 0.1 % while a schoolteacher paid nearly 10 %.Corporate tax avoidance compounds the issue. After a $900 billion corporate tax break, major firms such as Tesla, SpaceX, Palantir, Ticketmaster and the parent of Taco Bell, Pizza Hut and KFC reported zero federal income tax despite generating over $17 billion in profit.Public sentiment is shifting. In California, voters favor a billionaire tax by a two‑to‑one margin, and in New York City, 62 % back a 2 % surtax on the ultra‑wealthy. Nationwide, more than six in ten Americans believe the wealthy and large corporations pay too little.In response, Senator Sanders introduced legislation to impose a 5 % wealth tax on the 938 billionaires whose combined net worth exceeds $8.2 trillion. Over a decade, the measure would generate roughly $4.4 trillion.The first‑year rollout would deliver a $3,000 direct payment to every household earning $150,000 or less—equating to $12,000 for a typical family of four. Additional provisions include constructing 7 million affordable housing units, expanding Medicare to cover dental, vision and hearing, providing universal childcare, raising the minimum teacher salary to $60,000, and guaranteeing Medicaid‑funded home health care for seniors and people with disabilities.Crucially, the plan would reverse recent health‑care cuts that stripped coverage from 15 million Americans, ensuring no additional loss of insurance.Even if the tax were applied retroactively, the impact on the ultra‑rich would be modest relative to their fortunes: Elon Musk would owe an extra $42 billion, Mark Zuckerberg an additional $11 billion, and Jeff Bezos another $11 billion—figures that would barely dent their net worths.As Justice Louis Brandeis warned in 1933, “We must make our choice. We may have democracy, or we may have wealth concentrated in the hands of a few, but we cannot have both.” Senator Sanders argues the choice is clear: a democratic economy that serves the many, not a plutocratic system that serves the 1 %.The wealthiest Americans must begin contributing their fair share.

Kenyan marathon runner Albert Korir, the 2021 New York City Marathon champion, has been handed a five-year doping ban by the Athletics Integrity Unit (AIU). Korir admitted to using a banned performance-enhancing drug, specifically the synthetic form of erythropoietin (EPO), which stimulates red blood cell production.The ban, which runs from January 8 until January 7, 2031, was reduced from six years due to Korir's early admission and acceptance of the sanction. The 32-year-old athlete tested positive during out-of-competition tests in Kenya in October.Korir has had a notable career, winning the 2021 New York marathon in a time of 2 hours, 8 minutes, and 22 seconds. He also came third in the 2023 New York marathon with a personal best time of 2:06:57. Additionally, he won the Ottawa Marathon in 2019 and 2025.This sanction comes as part of Kenya's ongoing efforts to clean up its image in athletics, following a string of doping scandals. Over 140 Kenyan runners, mainly long-distance athletes, have been sanctioned for drugs offences since the 2016 Rio de Janeiro Olympics. Recently, Kenya handed out its first lifetime ban to marathon runner Beatrice Toroitich and a six-year ban to 10km record holder Rhonex Kipruto in June 2024.

The Federal Bureau of Investigation (FBI) has successfully thwarted a plot to assassinate prominent Palestinian activist Nerdeen Kiswani, co-founder of the activist group Within Our Lifetime. According to authorities, a suspect, Andrew Heifler, 26, was taken into custody for allegedly planning to throw Molotov cocktails at Kiswani's home in New York City.Kiswani, 31, was informed by the FBI's Joint Terrorism Task Force on Thursday of a threat against her life. The arrest was the result of an undercover law enforcement operation. Heifler was reportedly part of an offshoot of the far-right Jewish Defense League (JDL), an extremist group known for violent attacks against Arab American activists during the 1970s and 1980s.New York City Mayor Zohran Mamdani condemned the incident, stating, 'We will not tolerate violent extremism in our city. No one should face violence for their political beliefs or their advocacy.' Heifler had planned to flee to Israel after carrying out the attack. Authorities recovered eight Molotov cocktails from his residence during a search.The incident highlights the increasing harassment and surveillance faced by Palestinian rights activists in the US, both from government authorities and far-right pro-Israel groups. Kiswani had previously reported receiving threats, stating that 'Zionist organizations like Betar and politicians like Randy Fine have encouraged violence against my family and me' for several months.This foiled plot is part of a broader pattern of heightened tensions and threats against Muslim and Palestinian communities in the US, with advocates noting an increase in hateful rhetoric from US lawmakers.

The introduction of a commemorative gold coin featuring Donald Trump's image has sparked controversy, with many questioning the decision to put his face on a US coin. The coin, worth $1, depicts Trump sitting at the Resolute Desk in the Oval Office, a classic pose designed to make him appear intimidating. The Commission of Fine Arts recommended that the coin be 'as large as possible', which has raised eyebrows among critics. The article's author, Dave Schilling, argues that this decision is a reflection of Trump's ego and desire for attention. Schilling suggests that the coin's design could have been more creative and meaningful, paying tribute to Trump's legacy in a more nuanced way. American coins typically feature the faces of prominent individuals, such as Lincoln and Franklin Roosevelt. However, the reverse side of the coin often features symbols of American history and culture, such as the Liberty Bell or a buffalo. Schilling argues that the Trump coin's design could have followed this tradition, rather than featuring a generic bald eagle on the reverse side. Schilling proposes alternative designs that could have been used for the coin, such as: The Trump Tower in Manhattan, which was a seminal purchase for Trump and cemented his reputation as a shrewd businessman. The Central Park Five advertisement, which Trump took out in four separate New York City newspapers, although this would have been a more contentious choice. The Apprentice, Trump's popular NBC reality show that helped him become a household name. Ultimately, Schilling suggests that the defining image of Trump's presidency should be the bank statement of the average American citizen, reflecting the economic challenges faced by many during his term in office, including stagnant job growth, rising inflation, and high energy costs.

Mark Dorsey, a 35-year-old resident of East Oakland, works two jobs to make ends meet, often relying on minimum wage or close to it. The current minimum wage in Oakland is $17.34 an hour, higher than California's $16.90 an hour, but still insufficient for Dorsey.Dorsey is part of a campaign to almost double California's minimum wage to $30 an hour by 2030. A similar initiative has been tabled in New York City, backed by Mayor Zohran Mamdani.The initiatives face opposition from business interests, but have widespread public support. The federal minimum wage has remained at $7.25 an hour since 2009.The Oakland and Alameda Living Wage for All campaign has filed two ballot initiatives for the November 2026 ballot to increase the minimum wage in Oakland and Alameda county to $30 an hour by 2030 for large employers.Zach Norris, co-executive director of the Black Organizing Project, emphasizes that the ballot initiatives are also racial justice issues, as Oakland has seen a 46% decline of Black residents since 2000.In New York City, Councilor Sandy Nurse has introduced a bill to increase the minimum wage to $30 an hour by 2030 for large employers, with small businesses given more time to adapt.The Economic Policy Institute projects that 1.68 million New York City residents, 36.7% of the city's wage-earning workforce, will earn less than $30 an hour by 2030.Business groups have voiced opposition, but a 2023 study found that minimum wage increases do not result in job losses or small business closures.

New York City's public hospital system has announced that it will not be renewing its contract with Palantir, a data analytics and AI firm, amid growing controversy over its government contracts in the UK. The decision comes as health officials in the UK express concerns over data privacy issues related to Palantir's £330m agreement with the National Health Service (NHS).The contract between NYC Health + Hospitals and Palantir, which focused on recovering money for insurance claims, was set to expire in October. According to documents shared with the Guardian, Palantir has paid nearly $4m to the hospital system since November 2023. The contract allowed Palantir to review patient health notes and help the hospital claim more money in public benefits through programs like Medicaid.Despite assurances from NYC Health + Hospitals that there was an 'absolute firewall' preventing Palantir from sharing information with US Immigration and Customs Enforcement (ICE), activists and data privacy experts have raised concerns over the potential risks of Palantir accessing de-identified patient data for purposes other than research.As New York City prepares to part ways with Palantir, the company is expanding its influence in the UK, despite backlash from activists and lawmakers. Palantir has contracts with the British government's Ministry of Defence and is seeking access to sensitive national financial regulation data through a contract with the Financial Conduct Authority.Medact, a health justice charity, has raised concerns that Palantir's software could enable 'data-driven state abuses of power', including US-style ICE raids. In response, Palantir has denied that its data could be used in this way, citing that it would be illegal and a breach of contract.The decision by NYC Health + Hospitals to drop Palantir has been hailed as a victory by activists, who are now calling on the NHS to follow suit and terminate its £330m contract with the company. The 'Purge Palantir' campaign, which involves nurses, pro-Palestinian activists, and social and climate justice groups, aims to stop Palantir from contracting with government agencies, universities, and corporations.