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Why Americans might be getting worried about the job marketIn some ways, Americans' growing pessimism in the job market is perplexing. That's because the job market has become more challenging than it was a couple of years ago, when the Great Resignation was at its peak. So, it's possible that some Americans in certain industries are facing a job market where openings are far from abundant. For example, there's some evidence that the job market for high-wage roles has cooled over the past year. Julia Pollak, the chief economist at ZipRecruiter, told Business Insider earlier this month after April's labor market figures were released by the Bureau of Labor Statistics that it is "no longer a white-hot labor market" or a job "candidate's market in every industry where workers can get whatever they want."
Persons: , they'd, hasn't, What's, Joanne Hsu, Julia Pollak Organizations: Service, York Fed's Survey, Consumer, Business, NY, of Labor Statistics, Bureau of Labor Statistics, New, Fed, LinkedIn, NY Fed, University of, Labor Locations: York
Taylor Swift performs onstage during "Taylor Swift | The Eras Tour" at SoFi Stadium on August 09, 2023 in Inglewood, California. At the core of the increasingly common accusation of price gouging is the sense that the consumer is being exploited. Price gouging is in the eye of the bidderGavin Roberts, chair of Weber State University’s economics department and who studies the effect of anti-price gouging laws, said the laws themselves often don’t define what price gouging is. Corporations charging as much as they can, as painful as it may be for consumers, doesn’t mean they’re necessarily price gouging, said Roberts. Steven Suranovic, an economics professor at George Washington University who has also published research on price gouging, sees it differently.
Persons: Emily Miller lucked, Taylor, Miller, Swift, ” Miller, Taylor Swift, Kevin Winter, it’s, , Joe Biden — can’t, we’re, Gavin Roberts, Biden, , Biden hasn’t, ” Biden, Roberts, Steven Suranovic, Martin Shkreli, Shkreli, Price, Trent Sprague, Lyft, Uber, Travis Kalanick, It’s, ” Suranovic, Rafi Mohammed, Stefani Reynolds, Teresa Murray Organizations: New, New York CNN, CNN, Rights, Weber State, Corporations, George Washington University, Turing Pharmaceuticals, LinkedIn, O'Hare International, Chicago Tribune, Tribune, Service, Consumer, Culture, Profit, Getty Locations: New York, Pittsburgh, Cleveland, Inglewood , California, Chicago, New York City, Washington ,, AFP, US
Read previewIt will be a jury of 12 ordinary New Yorkers that will decide the fate of former President Donald Trump in his ongoing Manhattan hush-money trial. Using that document, we asked various AI chatbots whether they found Trump guilty. They were told to "choose now whether you would find him guilty or not guilty." AdvertisementBut OpenAI's ChatGPT and Perplexity weighed in — and both said they'd find Trump guilty. "I would vote guilty on the charges of falsifying business records," Perplexity responded definitively.
Persons: , Donald Trump, Trump, Michael Cohen, Stormy Daniels, Perplexity, they'd, ChatGPT, Trump's, Cohen, David Pecker, Juan Merchan, chatbots Organizations: Service, Business, Prosecutors, New York, Trump, National Enquirer Locations: Manhattan, , Trump
Significantly less clear, though, is how much the NRA can help Trump’s bid to win the White House once again. “Donald Trump is winning no new voters when he boasts about doing nothing about gun violence during his presidency. Period,” said Nick Suplina, a senior vice president at Everytown for Gun Safety, a group founded in the aftermath of the 2012 Sandy Hook Elementary School shooting. Suplina said Trump’s NRA appearance “shows that both the organization and the man are a bit desperate for each other. Among both gun safety advocates and gun rights groups, there’s little disagreement about the stakes in 2024.
Persons: Donald Trump, Trump, Wayne LaPierre, It’s, , “ It’s, I’ve, ” Trump, Kristi Noem, Donald Trump Jr, Joe Biden’s, Bryan Lanza, “ Donald Trump, ” Lanza, , Biden, Nick Suplina, Sandy, Suplina, Aidan Johnston, Johnston, ” Suplina, ” Biden, Karoline Leavitt, CNN’s Kristen Holmes, Alayna Treene Organizations: Dallas CNN —, National Rifle Association, NRA, White House, New, Political, Mar, CNN, North Dakota Gov, Libertarian Party, Republican, Trump, Biden, Safety, Sandy Hook Elementary, Gun Owners of America, White, U.S Locations: New York, Manhattan, Jersey, Washington ,, Minnesota, United States, Wyoming, Pennsylvania, Parkland , Florida
He lost two general elections as Labour leader in campaigns that focused heavily on his views regarding national security. The context for Sunak’s attack on Starmer is that the UK will vote in a general election at some point this year. “Of course Rishi doesn’t believe that Starmer himself is a threat to national security,” a senior Conservative told CNN. It’s just ridiculous and it clearly winds him up when we point it out.”No one knows for sure when the election campaign proper will start. Until then, Britain is braced for months of mudslinging between Sunak and Starmer.
Persons: Rishi Sunak, Keir Starmer, Sunak, Starmer, , Jeremy Corbyn, Corbyn, Toby Melville, Rishi doesn’t, , ” David Gauke, ” Gauke, ” Starmer, , ” Keir Starmer, Leon Neal, cynically, won’t, It’s Organizations: CNN, British, Labour Party, Labour, PM, NATO, Conservative, Conservative Party, Locations: Britain, Russia, Iran, North Korea, Rwanda, Gaza, Sunak
Inside the Animal Lifestyles building, the hamadryas baboons were watchful as a small group of Homo sapiens appeared. The zoo has two baby baboons; one was born right before the storm, and another was born while the zoo was closed. One of them drew close to the glass as the humans looked on. Was that curiosity in its eyes? “Some of the animals definitely enjoy looking at our guests as much as guests enjoy looking at them,” Mr. Piper said.
Persons: sapiens, ” Mr, Piper
Read previewOn Tuesday, members of Target's LGBTQ+ employee resource group logged on for a much-anticipated virtual meeting to preview the 2024 Pride collection, two council members told Business Insider. Last year, Pride products had already been on sale online for weeks by mid-May, and each of the retailer's nearly 2,000 US stores was busy setting up displays near their front entrances. But late last May, conservative protesters took aim at Target's Pride collection, falsely claiming the merchandise was "Satanic" and sexualized minors. However, the two Pride Council members and multiple LGBTQ+ vendors who worked on past Pride collections told BI they feel the company hasn't done enough to rebuild its relationship with its LGBTQ+ partners over the past year. AdvertisementOne of the employees involved in the Pride Council told BI that a lot of LGBTQ+ people, herself included, joined Target specifically because of its stated support for trans and queer rights.
Persons: , Brand Management Carlos Saavedra, Eager, Dominick Reuter, Erik Carnell, hasn't, Hayley Marzullo, Marzullo, Leslie Garrard, Garrard Organizations: Service, Business, Brand Management, Pride +, Council, Target, Pride Council, Christian Right, BI Locations:
The middle class is more of a club than an income bracketThe ranks of middle-income earners have been shrinking, according to the Pew Research Center. A solid chunk of millionaires consider themselves middle class, despite accounting for just over 12% of American families. And there's good reasons," Lawrence R. Samuel, the author of the book "The American Middle Class: A Cultural History," told Business Insider. "Being middle class is almost like classless. Clinging to at least the mirage of the middle class might be important to upholding more core American ideals.
Persons: , they're, Claire Tassin, Tassin, they'd, ALICE, Amanda, She's, there's, Rakesh Kochhar, That's, Kochhar, Lawrence R, Samuel, we're Organizations: Service, Business, Pew Research, Pew Research Center Locations: America, Texas
Read previewWarning: Spoilers ahead for "Bridgerton" season three, part one. Fans are lauding season 3 for its representation of people with disabilitiesZak Ford-Williams as Lord Remington on season three of "Bridgerton." — Michelle Birkby (@michelleeb) May 16, 2024Today is Global Accessibility Awareness day and @bridgerton season 3 premier day. Francesca Bridgerton is autistic. Francesca isn't explicitly stated as being on the autism spectrum in Julia Quinn's 'Bridgerton' novels or on the TV seriesHannah Dodd as Francesca Bridgerton on season three, episode two of "Bridgerton."
Persons: , Penelope Featherington, Nicola Coughlan, Colin Bridgerton's, Luke Newton, Francesa Bridgerton, Hannah Dodd, Francesca, Dodd, Jess Brownell, Zak Ford, Williams, Lord Remington, Dolores Stowell, Kitty Devlin, Queen Charlotte, Golda Rosheuvel, Dolores, Lady Stowell, Sophie Woolley, Penelope, Colin ., Whistledown —, Michelle Birkby, — Chanel 🏒, emington,, ady, ord, J, ady V, eason, ord J ohn, ong, ohn, tirling, ove, ike Organizations: Service, Business, Netflix, ust Locations: isible
Read previewA small taco stand in Mexico City has been awarded a much coveted Michelin star as part of the guide's first Mexican edition. GUSTAVO GRAF/ ReutersIn an online statement, the Michelin Guide celebrated its first Mexican edition: "What a joy it is to honor the uniqueness of the Mexican gastronomic landscape in Mexico City." Tire-manufacturing brothers André and Édouard Michelin released the first Michelin Guide in 1900 in an attempt to encourage motorists to try out restaurants around France. Another surprise Michelin award came in April when Disney World's Victoria & Albert's restaurant — which it calls its "culinary crown jewel" — earned a coveted star. In its review of the restaurant, the Michelin Guide said: "This restaurant is by no means an easy reservation, but the reward is a kind of magic rarely seen these days."
Persons: , León, Rodolfo Gaona, El, GUSTAVO GRAF, Arturo Rivera Martínez, — Rivera Martínez, Hawker Chan, Chan, Mario Hernandez Alonso, Édouard Michelin Organizations: Service, Michelin, Business, Reuters, Associated Press, Chinatown Food, Media, Tire, Disney World's Locations: Mexico City, Mexican, San Rafael, Mexico, Chinatown, Malaysian, France
Chile: Coldest May since 1950 grips capital region
  + stars: | 2024-05-18 | by ( David Shortell | ) edition.cnn.com   time to read: +3 min
Santiago, Chile CNN —Bundled-up mannequins stand in the storefronts on the main shopping avenues off Santiago’s central Plaza de Armas. Thursday marked the coldest day of the year so far, with one weather station notching a frosty 30 degrees. A customer wearing a puffer jacket stands in front of a kiosk in Santiago, Chile, Friday, May 17, 2024. Esteban Felix/APA drone view shows San Cristobal hill during a season of low temperatures in Santiago, Chile, May 15, 2024. “It has natural protein and in this cold weather it gives you calories,” Salas, a nurse, said.
Persons: Chile CNN —, Angélica, , Rosita Moya, parka, , Guzáman, We’ve, Esteban Felix, Ivan Alvarado, Diamira Salas sipped, ” Salas, Nancy Mujica, Tisla Organizations: Chile CNN, de Armas, Chilean Meteorologic Directorate, CNN, Authorities, Reuters, Bellas Artes Locations: Santiago, Chile, Santiago , Chile, Cristobal, La Vega, Bellas, Santo
Because I was a single mom, we spent most of our time together. Of course, it came as a surprise to me and others when I was so excited for him to leave after high school graduation. After being a single mom for 16 years, I was spent and needed a break from parenting. AdvertisementI felt like a horrible mother, and I turned to an empty nest mom's Facebook group for support. We were both single moms with no living parents — only sons about to graduate from high school and a great desire to find peace and comfort in our lives.
Persons: he'd, couldn't, Laurie, Organizations: Service, Business, Facebook Locations: Florida
Most people know me as Elliott Harrell, but that wasn't my actual name until recently. Initially, I thought I'd use Elliott Harrell socially and my given legal name when mandated and that everything would be fine. Elliott Harrell changed her name after having her second child. My name was legally changed over three months ago and since then I've been working on getting things like my license, passport, and even my Costco card changed over. AdvertisementEven though I'm still in the depths of paperwork hell, I'm so glad I decided to move forward with the process.
Persons: Elliott Harrell, Jane Walker, it's, Elliott, I'd, Jane, Harrell, Elliott Walker, Walker, I've, I'm Organizations: Service, Business Locations: North Carolina
My condolences go out to the families that lost a loved one during yesterday’s severe weather event,” Gonzalez said. Over 531,000 customers in Harris County remain without power early Saturday following the line of storms, according to PowerOutage.us. “Isolated to scattered severe thunderstorms appear possible across portions of the Southeast and Carolinas on Saturday, and parts of the Upper Midwest,” the center said. The greatest chances for severe weather are across parts of Nebraska and Kansas, with a slight level 2 of 5 risk of severe thunderstorms issued by the Storm Prediction Center. By the end of the weekend, thunderstorm chances will diminish for most of the Southeast and Mid-Atlantic, the weather service said.
Persons: Samuel Peña, Harris County Sheriff Ed Gonzalez, Gonzalez, ” Gonzalez, David J, Phillip, , Houston Mayor John Whitmire, ” Whitmire, Logan Riely Organizations: CNN, Houston Fire, Harris County Sheriff, Authorities, CenterPoint Energy, National Weather Service, Houston Mayor, Carolinas, Storm Prediction Locations: Houston, Southeast, Gulf, Harris County, Cypress , Texas, City, Texas, Louisiana, Houston , Texas, Mexico, Carolinas, Midwest, Plains, Nebraska, Kansas
With 14 to 21 well-equipped brigades, Ukraine could eject Russian forces from all Ukrainian territory, according to an American expert. One is Ukraine amassing a sufficiently powerful ground combat force that can defeat the estimated 500,000 Russian troops in Ukraine. With Russian forces solidly dug in behind minefields and fortifications across eastern and southern Ukraine, that Baltic scenario bears similarities to the situation that Ukraine faces today. Given sufficient quantities of munitions, Ukraine could inflict enough losses to decisively attrit Russian forces that have already sustained an estimated 500,000 casualties. He started with a 2023 Estonian Ministry of Defense plan that laid out a roadmap for Ukraine to defeat Russia.
Persons: one's, Michael Bohnert, Bohnert, isn't, Chasiv, — Bohnert, they've, Andrei Belousov, Putin, Michael Peck Organizations: Service, Business, RAND Corp, RAND, US Army, NATO, Russian, Anadolu, Getty, Estonian Ministry of Defense, Atlantic, Storm, Bohnert, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Ukraine, American, Russia, Russian, Baltic States, United States, U.S, Chasiv Yar, Estonian, Iraq, Afghanistan, Europe, America, China, Israel, Forbes
Various labor market indicators are also showing growing weakness in the economy, he said. Societe GeneraleNational Federation of Independent Business data shows further labor market weakness is likely to come, as small business hiring plans continue to fall. Both stats would suggest a rising unemployment rate going forward. In the meantime, the labor market has consistently proven resilient despite high interest rates, and stocks have enjoyed an eye-popping rally to new highs. Some also argue that labor market data points like the rising unemployment rate have to be shown with context.
Persons: , Albert Edwards, didn't, Edwards, aren't, we'll, Societe Generale Edwards, Bob Elliott, groupthink Edwards, Alan Greenspan Organizations: Service, Societe Generale, Wall, Business, Societe Generale National Federation of Independent Business, ING, Generale, Unlimited Partners, Bridgewater Associates, of Labor Statistics, Tech
I knew if I wanted to travel with my kids, I would have to find a way to do it on my own. I've been traveling solo with my kids for more than 15 years and have a system that works. I also get snacks for myself since it's easy to overlook my own needs while traveling solo with kids. AdvertisementWe travel lightlyI've always been committed to traveling carry-on-only and doubled down on this commitment when traveling solo with kids. When traveling solo with kids, it's not possible to hand off the kids while I explore something on my own, so this is essential.
Persons: , I've, Taco, Burger, it's Organizations: Service, Business, TSA, Taco Bell, Gladiator School Locations: Europe
BI spoke to a dozen millennials who have achieved or are on track to achieve financial independence. Brad Barrett, the host of the "ChooseFI" podcast, said "vanishingly few" people with the wherewithal to reach financial independence are retiring early. AdvertisementHe argued that achieving financial independence and hitting a specific number is "the simplest part." Advertisement"I defined myself by the pursuit of financial independence," Sabatier, the author of "Financial Freedom," said. Don't delay figuring out what you really want, why you're pursuing financial independence, and what you want to do after."
Persons: Jace Mattinson, Mattinson, Jace Mattison, Jace Mattison Mattinson, Motley, they're, Millennials, millennials, Scott Rieckens, Brad Barrett, you've, Bill Schaninger, Naina Dhingra, Schaninger, Mitch, , Brian Luebben, Grant Sabatier, Sabina Horrocks, She's, she'd, Michelle Schroeder, Gardner, Wes, I'm, Lauren, Steven Keys, Steven, you'll, We're Organizations: he'd, Business, FIRE, Facebook, McKinsey, FI, Academy, Marketing Locations: Austin, Minnesota
What do you know at 17 months old? But back in 2002, at 1.5 years old I knew the perfect color for the family car. My father asked which I liked best, and when I pointed my small toddler finger at the pewter colored car, he was sold. Related storiesThat would be our family car for the next 22 years. Since my brother and I were 17 months old, the pewter colored car held a space in our driveway, and a space in our hearts.
Persons: it's, you've Organizations: Service, GMC Yukon XL
Blood biomarkers of telltale signs of early Alzheimer’s disease in the brain of his patient, 55-year-old entrepreneur Simon Nicholls, had all but disappeared in a mere 14 months. “I don’t use the term ‘reverse.’ I don’t know what reverse means when it comes to the field of Alzheimer’s,” Isaacson said. ‘It was time to turn to my brain’Slowly, Nicholls’ heart condition began to improve, but the bad news didn’t end there. A brain scan found telltale signs of vascular damage in Nicholls’ brain, which occurs when the tiniest blood vessels are starved of oxygen. Not only was Nicholls blood negative for amyloid and tau, the test suggested that his brain amyloid might be normal, with no distinguishable signs of the disease.
Persons: Sanjay Gupta, Anderson Cooper ”, Richard Isaacson, Simon Nicholls, , , Isaacson, “ Simon, ” Isaacson, Nicholls, ” Nicholls, Anderson Cooper, It’s, APOE4, Simon, ” Simon Nicholls, Sylver, Lewy, Richard Isaacson ‘, APOE ε4, “ I’ve, Isaacson doesn’t, “ I’m, Shocked, Dr, we’d, “ It’s, Salvadore, Richard Isaacson “, ‘ It’s, I’m Organizations: CNN, telltale, ” CNN, Boca Raton Locations: Boca Raton , Florida, New York City, Florida, Nature, Miami, Isaacson’s Florida, tirzepatide
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementDeena, a 28-year-old manager at a nonprofit, told the outlet she's expecting to spend $3,200 to be a bridesmaid at the destination wedding of a college friend whose family is wealthy. If I spent everything that Ally wanted me to, I'd probably have to move," she said, referring to the bride. The other said her total expenses for being in a friend's wedding were $6,000, or about 10% of her take-home pay. "How much to spend on your own wedding is your business, of course," Charlotte Cowles, the financial advice columnist at The Cut, wrote.
Persons: , Deena, Ally, I'd, who's, she's, Charlotte Cowles Organizations: Service, Business
In Milwaukee on Thursday, Vice President Kamala Harris highlighted her work to close the racial wealth gap. In Atlanta on Sunday, President Biden will deliver the commencement address at Morehouse College, an all-male historically Black institution. And in Detroit the same day, he is expected to speak at an N.A.A.C.P. But as Mr. Biden and his team intensify their efforts to engage Black voters, evidence keeps emerging that he faces serious challenges among that politically powerful, heavily Democratic group of Americans, threatening his ability to resurrect his victorious 2020 coalition. In interviews with nearly two dozen voters in predominantly Black neighborhoods in Philadelphia this week, as well as with elected officials and strategists, signs of softness in Mr. Biden’s standing were palpable.
Persons: Kamala Harris, Biden, , Biden’s Organizations: Sunday, Morehouse College, Democratic Locations: Milwaukee, Atlanta, Detroit, Philadelphia, Mr, Black
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. "The point of it was to be silly and to put people in different environments and situations where they could create new networks and pathways to people in the company," Pitt said. 'It's easy to look busy'Another way the company tackles remote work for an employee base spread around the world is to cluster some functions. Rather than dwelling on where workers work, a big focus is on developing trust, Pitt said. AdvertisementAnd, Pitt said, if workers care about the mission, it doesn't matter whether they work in an office or from afar.
Persons: , Keith Pitt, Pitt, zaniness, hybrid's, Buildkite Pitt, Slack, Buildkite, I'm Organizations: Service, Business, Buildkite, Pitt, IRL, Workers Locations: Buildkite, Perth, Australia
Read previewParis Hilton has opened up about her experiences welcoming children via surrogacy and the steps she took to make impending motherhood "feel real." The couple announced the arrival of their son, Phoenix Barron Hilton Reum, in January 2023 and their daughter, London Marilyn Hilton Reum, 10 months later in November 2023. Advertisement"I know that sounds crazy, but I wanted it to feel real — even in just this small way," Hilton continued. Hilton wrote that she realized it was a "silly" idea to wear the fake bump by the end of the day, given that she would be holding her newborn soon enough. Hilton called it "a real-life miracle" that both of her "angel surrogates" became pregnant within the same year.
Persons: , Hilton, Carter Reum, Phoenix Barron Hilton Reum, London Marilyn Hilton Reum, surrogates Organizations: Service, Business, American College of Obstetricians, Glamour, CNBC Locations: Paris, surrogates, London
The federal Housing Choice Voucher Program, also known as Section 8, is also the biggest, aiding about 5 million people in 2.3 million households. While it's illegal in some places to discriminate against voucher holders, the practice isn't outlawed everywhere. Fully funding housing vouchers would mean many more housing-insecure and unhoused people would get help. Related storiesIn its budget for fiscal year 2025, the Biden administration requested a $2.5 billion increase for voucher funding over 2023 levels. Researchers at the Department of Housing and Urban Development have proposed piloting a direct cash transfer program for rent as an alternative to housing vouchers.
Persons: Will Fischer, Biden, Jenny Schuetz, isn't, Lindsey Nicholson, Michael Stegman, Stegman, Tara Radosevich, Fischer, Schuetz Organizations: Service, Business, of Housing, Urban Development, Budget, Harvard, The New York Times, Republicans, Brookings Institute, Getty, Urban Institute, HUD, Washington State, Department of Housing Locations: , Los Angeles, Fort Worth, Philadelphia, Iowa, Long Island City, Queens, Oregon
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