Xorte logo

News Markets Groups

USA | Europe | Asia | World| Stocks | Commodities



Add a new RSS channel

 
 


Keywords

2025-03-20 10:00:00| Fast Company

The Social Security Administration (SSA) will soon require millions of Americans to potentially verify their identity in person, even as the federal government plans on closing offices nationwide and has cut thousands of the agency’s jobs as part of the Department of Government Efficiency’s slashing of the federal workforce, all of which could create a perfect storm for elderly and disabled Americans who rely on Social Security to survive. The agency said the new rules, which are aimed at limiting “fraudulent activity” for both benefit claims and direct deposit changes, go into effect in the next two weeks on March 31. However, accusations of widespread Social Security fraud made by President Donald Trump and his adviser Elon Musk have been roundly debunked. (In fact, Vermont Senator Bernie Sanders has said the false accusations are “intended to lay the groundwork to cut benefits.) In a statement, the SSA explained: “Individuals seeking these services who cannot use their personal ‘my Social Security’ online account, which requires online identity proofing, will then need to visit a local Social Security office to prove their identity in person.” These changes could be particularly devastating for some retirees who are eligible to collect Social Security, including those who are unable to use the internet, elderly Americans in rural areas who live far from SSA offices, and those with disabilities and mobility issues who can’t walk or drive to in-person appointments. How to start or update a Social Security claim after March 31 If you receive Social Security or have a family member who might be affected by these changes, here’s what you need to know. Starting March 31, Americans who start a benefits claim on the telephone cannot complete a claim until verifying their identity in person. The SSA recommends requesting an in-person appointment to begin and complete the claim in one interaction. Individuals who wish to change their direct deposit information can do so using the agencys online my Social Security services. Those who cannot use the online service will need to visit a local office to process the change, or call 1-800-772-1213 to schedule an in-person appointment. People who do not already have a my Social Security account can create one at www.ssa.gov/myaccount/. It’s just the latest change from the SSA to hit American seniors, and comes after the Trump administration recently announced it will revert back to withholding up to 100% of an individuals benefit check in an attempt to claw back overpayments. (As Fast Company previously reported, this reverses a plan under President Joe Biden which capped that withholding at 10%, so seniors who received overpayments wouldn’t have to experience a huge blow to their monthly income.) It also comes a month after DOGE was found attempting to access private, personal taxpayer data at the SSA, which reportedly led the acting head of the agency to resign.


Category: E-Commerce

 

LATEST NEWS

2025-03-20 09:30:00| Fast Company

This nondescript piece of home decor is about the size of a narrow bookshelf, and it looks like a vertical soundbar speaker. In reality, it’s a new home fitness deviceand it hides a gym’s worth of workout machines. Amp is a $1,995 home fitness device that streamlines the clunkiness of a cable-based workout machine into the form of a thin, wall-mounted home accessory. It’s now available to pre-order for $99. Just six feet tall and one foot deep, Amp consists of a vertical mounted bar with a movable arm that pivots off the side and serves as the main workout interface. Unlike the typical gym machine with a stack of weights attached to a cable, Amp’s single cable interface connects to a magnetic resistance motor and electrical driver and can be adjusted to different heights to accommodate everything from bicep curls to squats to lunges. [Photo: Amp] Amp was founded by Shalom Meckenzie, a fitness enthusiast and tech entrepreneur. In 2020, he merged his betting software company SBTech with the sports betting company DraftKings for an undisclosed sum. Driven by the impact of losing his father when he was just 18, Meckenzie knew he wanted his next venture to focus on wellness and fitness. He scoured the market and came upon the idea of creating a workout machine that was more accessible than the large, complex and often ugly devices found in gyms. The starting point for Amp’s fitness device was to build something that “would look like a premium, luxury product,” Meckenzie says. “Not like a fitness device but more something like furniture that will blend into any house.” [Photo: Amp] This is a particular challenge for the multi-functional workout device known as a cable crossover machine, which Amp is intended to replicate, and is among one of the most used devices in any gym. Users can do a wide variety of exercises on this machine, but it’s often an elevator-sized metal cage strung through with cables, pulleys, and large stacks of weights. The solution would need the versatility of a crossover machine without the clunkinessMeckenzie wanted Amp to sit in people’s living rooms, not get tucked away in their basements, while still being useful. “We’ve looked into all of our competitors and we chose one thing. We said we don’t want to look like any of them,” Meckenzie says. [Photo: Amp] About three years ago, he convened a team to devise a different approach. They holed up in a villa for two weeks and started designing prototypes out of cardboard. “I think we built about 25 different mock-ups,” says Shahar Cohen, Amp’s CEO. At the end of this campout design sprint the team members voted on their favorite version of the device. Their selection was unanimous. This prototype became Amp. Amp’s magnetic motor has between five and 100 pounds of resistance, which may seem low for those accustomed to straining against hundreds of pounds of metal weight. Meckenzie says the team designed Amp to optimize how a user works out, not how much weight they can pull. It operates on three different modes that alter the way weight and resistance are used in any given exercise. A fixed mode uses the same amount of resistance for both pulling and releasing the cable. A rubber band-like mode increases the resistance the longer a user pulls on the cable. And “eccentric” mode adds more resistance as the user returns the cable back to its starting point, meaning a 20-pound curl will feel like 30 pounds during the release. [Photo: Amp] With custom-built motors, integrated artificial intelligence, and a companion smartphone app, the device can mimic some of the most common machines found in gyms, and also create entirely new types of workouts based on the needs of the user. “We have a lot of opportunity for different types of resistance that you actually cannot perform with standard mechanical systems,” says Cohen. About 1,000 of Amp’s fitness devices have shipped to customers and installed so far, mostly in Los Angeles, Miami, and New York, and the company expects to ship to other regions in the coming months. The full $1,995 cost includes shipping as well as installation, which Cohen compares to mounting a television. Hitting a relatively low price point was important to Meckenzie, who developed the idea for Amp during the pandemic when people were buying up smart home fitness devices like Peloton, which sell for between $1,495 and $2,495. “For me, it wasn’t interesting to sell a device for $5,000 or $10,000 which will not be accessible to people,” Meckenzie says. “I wanted to do something that has a big impact.”


Category: E-Commerce

 

2025-03-20 09:30:00| Fast Company

As the geographic center of Indianapolis, Monument Circle is in many ways the heart of the city. The 284-foot Soldiers and Sailors Monument towering in the middle is a beloved local landmark, and the plaza and fountain around its base has been a gathering place since it opened in 1902. But the way most people experience it is through the window of a car. Monument Circle is technically a traffic circle, which means the center of the city is little more than a place for cars to drive. The past couple of years, however, have shown another possibility. Since 2023, from June through November, part of the traffic circle has been closed to cars and converted into Spark on the Circle, a pop-up park that has activated the space and brought tens of thousands of pedestrians downtown. Created by the nonprofit art and design organization Big Car Collaborative in partnership with several local agencies, Spark on the Circle turns a quarter of the circle into an activated public space, with Astroturf covering the roadway, shade structures, games, vendors, and stages for performances. Now the landscape architects who designed the park are working on a plan that could make the pop-up permanent. Merritt Chase, a firm based in Indianapolis and Pittsburgh, has been involved in shaping Monument Circle for several years through its work on the downtown resiliency strategy launched by Indianapolis Mayor Joe Hogsett in 2022. One plan arising from the strategy calls for a renewed focus on improving walkability downtown and creating more public space for an emerging residential population. Spark on the Circle, and Merritt Chase’s design for it, was created to turn Monument Circle into a destination rather than something most people simply drive past. Historic Monument Circle: Soldiers and Sailors Monument, circa 1950 [Photo: W.H. Bass Photo Co., Indiana Historical Society] There’s been so much history there, protests and demonstrations, parades, festivals, and just the everyday life of the city that passed through that space. There have always been questions around the identity of the circle, the use of the circle, the future potential of the circle, says Chris Merritt, cofounder of Merritt Chase. Over the last couple of years, the temporary park we’ve put out there has definitely been a successful case study of new ways to reimagine and use the circle. So we’re building on that to continue to think about what a future permanent plan might be for the circle. [Rendering: courtesy Merritt Chase] Merritt Chase has just been awarded an 18-month fellowship to further explore ideas for redesigning or reusing Monument Circle. The firm is one of 10 fellows supported by Emerson Collective, a philanthropy started by Laurene Powell Jobs, widow of Apple’s Steve Jobs. The 2025 cohort of fellows, announced this week, is focused on local leadership and community-centered place-based work, according to Patrick D’Arcy, senior director of fellowships at Emerson Collective. We really respect [Merritt Chases] community-centered approach. They believe that successful public projects require more than just really beautiful design; they also require community trust and collaboration and relationship building, says D’Arcy. Their vision for a more utilized and joyful Monument Circle is really inspiring. [Photo: courtesy Merritt Chase] A circle for the city Preparations for this summer’s iteration of Spark on the Circle are still underway, but its expected to open in June. Megan Vukusich is director of the city’s Department of Metropolitan Development, and though she says there is currently no funding or official plan in place to make the pop-up park a permanent one, the visitation numbers suggest strong community interest. According to a report from Big Car Collective, the 2024 iteration of the park saw more than 71,000 visitors, with more than 400 on an average day. More than 80% of visitors spent 30 minutes or more at the park, and 30% went to a restaurant or did shopping downtown after leaving. [Photo: courtesy Merritt Chase] We don’t want people to come and snap a quick photo. We’d like them to stay, maybe check out some of the local shops. These metrics are showing us that it is having an impact on the larger community, Vukusich says. Having activations such as Spark gives us a little bit more insight into what the community is looking for. It’s also a reflection of the changing shape of downtown Indianapolis. Like many city centers, it was deeply affected by the pandemic, with many companies shuttering offices or allowing employees to work remotely. But downtown development is coming back, and officials estimate more than $9 billion worth of projects are in the pipeline, including a convention center expansion and a new 40-story hotel tower. This is happening as downtown’s residential population has grown to more than 29,000, more than a 46% increase since 2010. [Photo: courtesy Merritt Chase] Merritt Chase has two other ongoing projects that feed into this growth. One is a pedestrian conversion of three blocks leading up to the convention center; the other will add a new park to the site of a historic downtown food hall, with construction beginning this summer. Spark on the Circle is the pop-up version of these larger projects. This is a way of leveraging a lot of that private investment and connecting it all across the city to create better everyday livable experiences, Merritt says. Projects like these and the way they connect will give more of a reason to not just visit but hopefully encourage more people to live downtown. Though some local commenters have bemoaned any street closures, downtown Indianapolis has a very tight downtown grid with city blocks that are smaller than those in other big cities. The closure of part of the circle, or even the entire circle, would require only a short driving detour. [Photo: courtesy Merritt Chase] Merritt Chase will use its 18-month Emerson Collective fellowship to expand its community outreach, research, and planning for the future of downtown centered around Monument Circle, using Spark on the Circle as one of the primary use cases. Chase Merritt cofounder Nina Chase says the 2024 visitation numbers show there’s a big appetite for this kind of unconventional public space in the city. That’s been really lovely to see, she says. We as landscape architects, we think yes that’s what you should do, but sometimes you never know. So it’s good to see it in action. Merritt says turning the pop-up park into something more permanent is one option, but it’s not the predetermined goal of the plan Merritt Chase will produce. They’re more interested in finding out how people in the city want to use the space and then designing around that. Whether it’s parklike and still open for cars or completely closed to cars, I think that’s still to be determined through lots of conversations with folks downtown and residents.


Category: E-Commerce

 

Latest from this category

20.03Tesla Cybertrucks are getting roasted on TikTokone prank at a time
20.03How bogus stories about Amazon laying off 14,000 managers spread like wildfire across the internet
20.03Attorney General Pam Bondi charges 3 in Tesla attacks, vows crackdown on domestic terrorism
20.03Commerce Secretary Howard Lutnick went on TV to pump Tesla stockbut shares are falling amid massive Cybertruck recall
20.03Millennial newsletter favorite theSkimm gets acquired by Ziff Davis division Everyday Health Group
20.03Boston Celtics owners net nearly 1,700% return on record $6.1 billion sale of NBA team: Report
20.03Nvidias Vera Rubin represents a big bet on real-time AI reasoning
20.03A new Cybertruck recall is the umpteenth chapter in Teslas history of design issues
E-Commerce »

All news

20.03Honda and Acura EVs will be able to use the Tesla Supercharger network in June
20.03Tesla makes largest ever Cybertruck recall
20.03Anthropic's Claude chatbot can now search the web too
20.03Gmail is getting AI-powered search results
20.03Tesla Cybertrucks are getting roasted on TikTokone prank at a time
20.03How bogus stories about Amazon laying off 14,000 managers spread like wildfire across the internet
20.03Mid-Day Market Internals
20.03Tomorrow's Earnings/Economic Releases of Note; Market Movers
More »
Privacy policy . Copyright . Contact form .