💬 Quoted: "Let's be real: A $15 charge may not seem like a lot to someone who has the means, but it can break the budget of a hardworking middle-class household."

• New York City is hitting the brakes on its plan to introduce America’s first congestion-pricing law, which involved a $15 toll on all vehicles traveling south of 60th Street in Manhattan. In a surprise decision yesterday, New York Gov. Kathy Hochul announced an “indefinite pause” for the plan, pushing back its previous June 30 start date. Gov. Hochul said she delayed the congestion pricing policy – which faces opposition from unions, business owners, and lawmakers in neighboring New Jersey – due to concerns about the rising cost of living and lower-than-expected office occupancy rates in New York City.

💰 Stat of the Day: Roughly a year after first entering the four-comma club, Nvidia has reached yet another market cap milestone. The chip giant yesterday became the third company in history to reach a $3 trillion valuation, narrowly surpassing Apple as the second-most valuable public US company.

🤔 Did You Know? Alaska pays a yearly dividend to all full-time residents – even babies. The payments, which come from a $75+ billion fund containing state oil and mining revenues, typically average ~$1,600/year.

📰 Worth a Read: An economist’s rule for making tough life decisions → (Quartz)