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☆ Trump 2.0 would be destructive for the economy, as the former president embraces 'crank' doctrine and economic fantasy, Paul Krugman says
▼ + stars: | 2024-04-30 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

Blame the former president's "quack" economic policy and his tendency to deny reality, according to Nobel economist Paul Krugman. Similar "destructive" policies could be re-enacted in the US if Trump is re-elected in November, Krugman said. AdvertisementSome of Trump's economic policies during his presidency were flawed, Krugman said. If re-elected, Trump has said he plans on cracking down on immigration and imposing tariffs on US imports, especially those from China. "What's really worrisome, however, are indications that a future Trump regime would manipulate monetary policy in pursuit of short-run political advantage, justifying its actions with crank economic doctrines ...

Persons: —, Paul Krugman, Krugman, Trump, he's, that's, Nouriel Roubini Organizations: Service, The New York Times, Business, Federal Reserve, Trump Locations: China, stoke

☆ Over $1 billion in unclaimed tax refunds is set to expire in just over 2 weeks, IRS says—here’s how to claim yours
▼ + stars: | 2024-04-30 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +1 min

The Internal Revenue Service says more than $1 billion in unclaimed tax refunds from the 2020 tax year is sitting in its coffers. Around 940,000 people across the U.S. have until May 17 to submit their 2020 tax returns and claim their portion of the unclaimed funds, according to the IRS. "There's money remaining on the table for hundreds of thousands of people who haven't filed 2020 tax returns," IRS Commissioner Danny Werfel said in March. Typically, tax filers have three years to claim old refunds by the April 15 tax filing deadline. The IRS says that your refund may be withheld if you haven't filed your 2021 and 2022 tax returns.

Persons: haven't, Danny Werfel, Werfel Organizations: Internal Revenue Service, IRS

☆ Walmart launches new grocery brand, as it tries to hang on to inflation-fueled growth
▼ + stars: | 2024-04-30 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +3 min

And its low-priced reputation has helped the company attract higher income grocery shoppers as inflation pinches budgets. On Tuesday, the big-box retailer said it will roll out a private label called BetterGoods, a line of more trend-and chef-driven foods. Walmart is debuting a new grocery brand, as the discounter tries to retain the shoppers it has attracted during a period of high inflation. Another grocery brand it debuted, Favorite Day, is made up of creative takes on ice cream bars and trail mixes. The new private brand will join Walmart's existing collection of private brands in the grocery department, which includes Great Value — the country's largest private grocery brand by revenue, according to Numerator, a market research firm.

Persons: Costco's Kirkland, Kroger Organizations: Walmart, Aldi, Grocers, Target, Smart Locations: U.S

☆ We are making another buy of this retailer ahead of the coming rebound in PCs
▼ + stars: | 2024-04-30 | by ( Zev Fima | ) www.cnbc.com time to read: +2 min

Following the trade, Jim Cramer's Charitable Trust will own 1,000 shares of BBY, increasing its weighting to roughly 2.35% from 2.12%. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer's, Jim Cramer, Jim Organizations: BBY, Microsoft, CNBC

☆ Samsung Electronics' operating profit jumps 932.8% in first quarter, beats expectations
▼ + stars: | 2024-04-30 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com time to read: +4 min

Samsung Electronics Co. Galaxy S24 smartphones during a media preview event in Seoul, South Korea, on Monday, Jan. 15, 2024. Here are Samsung's first-quarter results versus LSEG estimates: Revenue: 71.92 trillion Korean won (about $52.3 billion), vs. 71.04 trillion Korean won71.92 trillion Korean won (about $52.3 billion), vs. 71.04 trillion Korean won Operating profit: 6.61 trillion Korean won, vs. 5.94 trillion Korean won Samsung's revenue for the quarter ending March jumped 12.81% from a year ago, while operating profit soared 932.8% in the same period. The figures were in line with the company's guidance earlier this month, where Samsung said operating profit in the January-March quarter likely rose to 6.6 trillion Korean won, up 931% from a year ago. The South Korean electronics giant saw record losses in 2023 as the industry reeled from a post-Covid slump in demand. Operating profit increased to KRW 6.61 trillion as the Memory Business returned to profit by addressing demand for high value-added products," Samsung Electronics said in a statement on Tuesday.

Persons: SeongJoon Cho, SK Kim, Kim, TSMC, Biden Organizations: Samsung Electronics Co, Samsung, Bloomberg, Getty, Samsung Electronics, Memory Business, SK, Daiwa, CNBC, Micron, Citi, —, Japan's Rapidus Corporation Locations: Seoul, South Korea, Korean, Taiwan, Texas, U.S, Asia

☆ Good news: The worst could be over for gas prices this spring
▼ + stars: | 2024-04-30 | by ( Matt Egan | ) edition.cnn.com time to read: +5 min

US gas prices have stopped rising and even briefly dipped in recent days. Now, there is growing hope that gas prices are at or near a peak for the spring – or perhaps even for the year. ‘Could have been much worse’Of course, none of this is to say gas prices are cheap. A spike in gas prices would be the last thing President Joe Biden needs as he struggles to convince voters of his economic message before November. Why gas prices have cooledThere are multiple reasons why gas prices have stopped rising for the moment.

Persons: Patrick De Haan, “ I’m, ” De Haan, Tom Kloza, ”, Andy Lipow, “, De Haan, Joe Biden, Lipow, ” Lipow, Kloza Organizations: New, New York CNN, OPEC, AAA, CNN, “, Oil Price Information Service, Lipow Oil Associates, Drivers, Federal Reserve, Biden, US Strategic Petroleum Reserve, Coast, Colorado State University Locations: New York, Israel, Iran, Covid, California, De Haan ., Washington, Syria, West Texas, New Mexico, Saudi Arabia, Russia

☆ Covid caused a ‘massive spike’ in yacht sales — now some of those boats are back on the market
▼ + stars: | 2024-04-30 | by ( Monica Pitrelli | Poonam Binayak | ) www.cnbc.com time to read: +3 min

The pandemic spurred a "massive spike" in yacht sales, said Richard Allen, chief operating officer of the Hong Kong-based yachting company Simpson Marine. "We've seen a lot of those people, that had their boats for two years, sort of now wanting to travel," he told CNBC. Prices in the pre-owned marketEnthusiasm for yachting remains high, even if sales have fallen since 2021, said Casani. Casani and Allen, who spoke to CNBC on April 26 while attending the second annual Singapore Yachting Festival, agreed that the continent's yachting market is growing. "We need to do a lot of lobbying with governments to make it easier to import boats," said Allen.

Persons: Richard Allen, we've, Paolo Casani, Allen —, Allen, Casani Organizations: Simpson, CNBC, Singapore Yachting Festival, International Council of Marine Industry Associations Locations: Hong Kong, Monaco, Asia, Singapore, Indonesia, Philippines, Vietnam

☆ Biden administration to require advanced safety tech on all new cars and trucks
▼ + stars: | 2024-04-30 | by ( Rob Wile | Tom Costello | ) www.cnbc.com time to read: +3 min

The Biden administration plans to require that all new cars and trucks come with pedestrian-collision avoidance systems that include automatic emergency braking technology by the end of the decade. They will also require braking at up to 45 mph when a pedestrian is detected. Automatic emergency braking "prevents collisions. It said that technologies like automatic emergency braking have proven "game changing" and that automakers have voluntarily committed to install them on new vehicles. Buttigieg acknowledged the technology is still being perfected — one reason the requirement won't take effect until the end of 2029.

Persons: Biden, Pete Buttigieg, Buttigieg, hadn't, Kathleen Rizk, Power's, Rizk Organizations: U.S ., Transportation Department, Alliance for Automotive Innovation, Governors Highway Safety Association, Research, Consumers, Drivers Locations: San Francisco , California

☆ Getir, a Rapid Grocery-Delivery Service, Exits the U.S. and Europe
▼ + stars: | 2024-04-30 | by ( Eshe Nelson | ) www.nytimes.com time to read: 1 min

Getir, the rapid grocery-delivery company that boomed during Covid lockdowns, said it was ending its operations in the United States and Europe, a major retreat by another pandemic darling. At its height, the privately held Getir was valued at nearly $12 billion after expanding quickly, buying up competitors and operating in nine countries. The company announced the decision in a short statement on Monday, adding that FreshDirect, its U.S. subsidiary, would continue operations. “Getir generates only 7 percent of its revenues from the markets it is exiting,” the statement said. “This decision will allow Getir to focus its financial resources on Turkey.”

Persons: lockdowns, Getir, ” Organizations: U.S Locations: United States, Europe, Turkey

☆ McDonald's and other big brands warn that low-income consumers are starting to crack
▼ + stars: | 2024-04-30 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Some of America's best-known corporations are saying their consumers are being pinched by inflation as prices continue rising. "Consumers continue[d] to be even more discriminating with every dollar that they spend as they faced elevated prices in their day-to-day spending." The consumer price index — a broad basket of goods and services — rose at an annual rate of 3.5% in March compared with the same month a year ago. And that tenacious 3.5% annual growth is souring economic sentiment: Even after a period of runaway inflation, prices don't actually fall. That's a problem for McDonald's and a host of other firms serving customers who are feeling sticker shock.

Persons: Chris Kempczinski Organizations: Federal Reserve, Consumers, Conference Board, Fed

☆ 'An intense five years': Read HSBC CEO Noel Quinn's surprise resignation statement
▼ + stars: | 2024-04-30 | by ( Katrina Bishop | ) www.cnbc.com time to read: +1 min

HSBC on Tuesday announced the surprise departure of Group Chief Executive Officer Noel Quinn after nearly five years at the helm. In a statement released by the bank, Quinn said:"It has been a privilege to lead HSBC. I never imagined when I started 37 years ago that I would have the honour of becoming Group Chief Executive of this great bank. First appointed as interim CEO in August 2019, Quinn took permanent leadership of HSBC in March 2020. HSBC said the hunt for its next CEO had begun, and that Quinn would remain in his post during this process.

Persons: Noel Quinn, Quinn, Mark Tucker, Tucker Organizations: HSBC, Tuesday Locations: China, London

Walmart opened its first Walmart Health clinic in Georgia in 2019, and then gradually opened more clinics next door to its big-box stores. Walmart struggled with high executive turnover and cycled through numerous leaders of Walmart Health. Going forward, Walmart will return to the health services it offered before the Walmart Health push: It will continue to operate its thousands of pharmacies and vision centers. Walmart Health marks the latest failed push into health care by a high-profile company, following the disbandment of a joint venture between JPMorgan Chase , Berkshire Hathaway and Amazon in 2021. Meanwhile, Amazon 's health clinic operator One Medical now has more than 125 locations nationwide.

Persons: Brett Biggs, Doug McMillon, Berkshire Hathaway, Walgreens Organizations: Walmart Health, Walmart, CNBC, CVS, Walgreens Boots Alliance, Amazon, JPMorgan Chase, Walgreens Locations: Sugar, Arkansas , Florida, Georgia , Illinois, Texas, U.S, Georgia, Florida

☆ IMF chief warns of emerging market risk with high U.S. interest rates
▼ + stars: | 2024-04-30 | by ( Matt Clinch | ) www.cnbc.com time to read: +1 min

International Monetary Fund (IMF) Managing Director Kristalina Georgieva speaks during a briefing on the Global Policy Agenda at IMF headquarters during the IMF/World Bank Spring Meetings in Washington, DC on April 18, 2024. Kristalina Georgieva, the managing director of the International Monetary Fund, played down the prospect of any negative impact from a monetary policy divergence between Europe and the U.S., but said issues could be more acute in emerging markets. The benchmark rates of most advanced economies soared in recent years, as central banks aimed to tame inflation following the Covid-19 pandemic. A high U.S. interest rate environment is traditionally bad news for emerging markets, as it makes their debts — often priced in U.S. dollars — more expensive. "It is a much more serious issue for countries where the impact of high interest rates in the United States are more profound — in many emerging market economies," Georgieva told CNBC's Silvia Amaro in Brussels on Monday.

Persons: Kristalina Georgieva, Georgieva, CNBC's Silvia Amaro Organizations: Monetary Fund, IMF, International Monetary Fund Locations: Washington , DC, Europe, U.S, United States, Brussels, Japan

☆ Buy this 'dirt-cheap,' top-rated dividend stock with a 4% yield, Morningstar says
▼ + stars: | 2024-04-29 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

There's one dividend stock that Morningstar says is "deeply undervalued" right now and which it's bullish on for the long term. "Yet we're bullish on this undervalued stock for the long term. Goldstein noted that FMC's products lean toward insecticides, which generate over half of its revenue. According to FactSet, FMC has an indicated annual dividend yield of 4% for 2024. "FMC stock looks deeply undervalued, trading at half of what we think it's worth," Goldstein added.

Persons: Morningstar, Seth Goldstein, Goldstein, Morningstar's, Dave Sekera Organizations: Morningstar, FMC Locations: FactSet

☆ Opinion | Trump Is Flirting With Quack Economics
▼ + stars: | 2024-04-29 | by ( Paul Krugman | ) www.nytimes.com time to read: +2 min

I wish people would stop calling Donald Trump a populist. He has, after all, never demonstrated any inclination to help working Americans, and his economic policies really didn’t help — his 2017 tax cut, in particular, was a giveaway to the wealthy. But his behavior during the Covid-19 pandemic showed that he’s as addicted to magical thinking and denial of reality as any petty strongman or dictator, which makes it all too likely that he might preside over the type of problems that result when policies are based on quack economics. Now, destructive economic policy isn’t the thing that alarms me the most about Trump’s potential return to power. Prospects for retaliation against his political opponents, huge detention camps for undocumented immigrants and more loom much larger in my mind.

Persons: Rudiger Dornbusch, Sebastian Edwards, wasn’t, “, Recep Tayyip Erdogan of, Donald Trump, he’s, Biden Locations: Latin America, Argentina, Venezuela, Recep Tayyip Erdogan of Turkey, United States

☆ India’s UPI: How e-payments have taken over, from sari shops to street food stalls
▼ + stars: | 2024-04-29 | by ( Amy Gunia | ) edition.cnn.com time to read: +6 min

“Digital payments are likely to enhance India’s growth by eliminating frictions, increasing efficiency, and reducing costs,” Eswar Prasad, an economics professor at Cornell University, told CNN. Covid-19 further boosted the adoption of digital transactions, as people tried to protect themselves from the virus. In 2023, the number of UPI transactions topped 100 billion. Azeez, a 34-year-old rickshaw driver in Old Delhi, told CNN that he’s too scared of losing money to use e-payments. Sania Farooqui/CNNConvenience aside, India’s digital public infrastructure has helped it achieve an 80% financial inclusion rate.

Persons: Brij Kishore, ”, Agarwal, tuk, India’s, Narendra Modi, Eswar Prasad, Old Delhi Sania Farooqui, Ramesh Kumar's, Sania Farooqui, Ramesh Kumar, he’s, Azeez, Prasad, Kapil Sharma, “ Organizations: Hong Kong / New Delhi CNN, ”, Unified, “, frictions, Cornell University, CNN, “ UPI, India, National Payments Corporation of India, UPI, Sarojini, Finance, Eiffel Locations: Hong Kong / New Delhi, Chandni, India’s Old Delhi, Delhi, India, Old Delhi, Sarojini, Covid

☆ Australia’s problem with male violence is getting worse. So, what’s the solution?
▼ + stars: | 2024-04-29 | by ( Hilary Whiteman | ) edition.cnn.com time to read: +8 min

Late Monday, new figures showed a 28% jump in intimate partner homicide in 2022-23, compared to the previous year – ending what had been a decades-long trend of decline. Around 4,000 people marched through the streets of Brisbane on April 28 to call for action on gendered violence. The deaths took the toll to 27 women allegedly killed by a partner or former partner so far this year, according to the Counting Dead Women project. “We don’t have good programs for men with mental illness and personality disorders who use these types of violence. We don’t have a lot of really accessible drug and alcohol treatment programs for men who use violence.

Persons: Daniel McCormack, Daniel Sloss, “, ”, McCormack, Samantha Bricknell, we’ve, Anthony Albanese, –, Hilary Whiteman, wasn’t, Lukas Coch, Hayley Boxall, Albanese, ’, ” Albanese, ” Boxall, ” Bricknell, Emily Garnett, there’ll, ” McCormack, he’s, “ I’ve, ‘ That’s Organizations: Australia CNN, Australian, of Criminology, ”, Australia, CNN, New South, Australian National University, Wales, Nations, First Nations, Brisbane Locations: Brisbane, Australia, Scottish, Bondi, Sydney, New South Wales, Canberra, United Kingdom, Canada, New Zealand, Australian, Melbourne, England

☆ A United passenger fought with his girlfriend, threatened to 'mess up the plane,' and forced a diversion. Now he must pay $20,000.
▼ + stars: | 2024-04-29 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

Alexander MacDonald was asked to calm down after arguing with his girlfriend on a United flight. A judge has ordered him to pay the carrier $20,638, and he's set to be deported to the UK. AdvertisementA United Airlines passenger has been ordered to pay the carrier more than $20,000 after forcing a flight to divert. It adds that the flight purser asked MacDonald to lower his voice and he initially did calm down. AdvertisementHe was also ordered to pay $20,738, of which $20,638 is restitution to United Airlines.

Persons: Alexander MacDonald, —, purser, MacDonald Organizations: Service, United Airlines, Business, Bangor International, United Airlines . United, Spanish Defense Ministry Locations: Bangor , Maine, England, London, Newark, Bangor, Maine, British

☆ Shopify embraced a 'new shape' after a post-pandemic slump and has charted an 18-month comeback
▼ + stars: | 2024-04-29 | by ( Madeline Stone | ) www.businessinsider.com time to read: +8 min

Read previewIn October 2022, Shopify's once high-flying stock hit its lowest price since before the Covid pandemic. AdvertisementNow, after two rounds of layoffs and a divestment of its fulfillment and logistics business, the picture looks a bit different for Shopify. Shedding a "money-losing logistics business"Dropping logistics and fulfillment is a major part of Shopify's stock comeback story. In May 2023, Shopify announced it would be selling the logistics business entirely to Flexport. In May 2023, Shopify cut another 20% of its workforce as it sold its logistics business to Flexport.

Persons: —, Shopify's, Shopify, Oppenheimer, Ken Wong, Wong, D.A, Davidson, Gil Luria, Tobi Lütke, Lütke, Luria, Morgan Stanley, Jeff Hoffmeister, Bhavin Shah, GMV, We've, Shah Organizations: Service, Business, Systems, Investors, SEC, Deutsche Bank Locations: Salesforce, mstone@businessinsider.com

☆ Bernie Sanders: From small-town mayor to godfather of the progressive left
▼ + stars: | 2024-04-29 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +6 min

He got his start in government as a small-town mayor, decades before his 2016 and 2020 campaigns. Here's everything to know about the Democratic socialist senator. AdvertisementBernie Sanders is known today as perhaps the most important leader on the American left. In 2020, Sanders ran again, ultimately coming in second to now-President Joe Biden in the primary. Who Sanders is today — and what he's fighting forSince his 2020 campaign, Sanders has assumed a more institutional role in the United States Senate.

Persons: Bernie Sanders, —, Long, Sanders, Chuck Schumer, Donna Light, Douglas Graham, Hillary Clinton, Alexandria Ocasio, Clinton, Joe Biden, Who Sanders, Biden's, — Sanders, He's, Republican Sen, Chuck Grassley, Becca Balint Organizations: Democratic, Service, Democratic Party leftward, James Madison High School, University of Chicago, Liberty Union, Burlington City Hall, Newsday, Getty, Congressional, Senate, Democratic Party, United States Senate, Health, Education, Labor, Pensions, Israel, New York Times, Republican Locations: Vermont, Soviet Union, Brooklyn , New York, Poland, Chicago, Burlington, Burlington —, Alexandria, Cortez, Iowa

☆ China is gunning for the chief scientist of its COVID vaccine project, accusing him of 'serious discipline and law violations'
▼ + stars: | 2024-04-29 | by ( Matthew Loh | ) www.businessinsider.com time to read: +1 min

The chief scientist of China's COVID vaccine project was kicked from the National People's Congress. Yang Xiaoming, 62, is accused of "serious discipline and law violations," a phrase alluding to corruption. Yang led the team that developed the Sinopharm vaccine, and was China's top researcher in its vaccine project. AdvertisementThe chief researcher of China's first general-use COVID vaccine was ousted last week from the country's highest organ of power. Yang Xiaoming, 62, was booted on April 23 from the National People's Congress "due to serious discipline and law violations," state media reported this weekend.

Persons: Yang Xiaoming, Yang, —, China's Organizations: National People's, Service, Business Locations: China

☆ For the vibrant springtime celebration Vaisakhi, Sikhs from near and far gathered to honor their faith and community
▼ + stars: | 2024-04-29 | by ( Nimarta Narang | ) www.businessinsider.com time to read: +10 min

The April celebration Vaisakhi is a time when Sikhs gather for community worship, meals, and parades. Here I was in America about a century later trying to honor the community he helped build and, by extension, the Sikh faith. Anumeha Sinha for BINow in my late 20s, it's been 11 years since I've lived in a close-knit Sikh community. To feel closer to her community, Kaur said she's now making a personal effort to honor traditions she learned when she was younger. But outside the Sikh community — and increasingly after 9/11, like Singh mentioned — I saw people misunderstand our symbols of faith.

Persons: —, Vaisakhi, Anumeha Sinha, Guru Nanak, Guru Gobind Singh, Singh, Kaur, it's, I've, Harmeet Kaur, Harman Singh, Harmeet, hadn't, Sahib, she's, Kaur's, nishaan sahib, I'm, It's Organizations: Service, New, BI, Khalsa, ., BI Kaur, New York, Darbar Locations: New York City, Richmond Hill, Queens, Punjab, South Asia, Bangkok, America, . Orange, Brooklyn, Kentucky, Pikeville, Lexington , Kentucky, Atlanta and New York, New, Detroit, India, Windsor , Ontario, Bangkok , New York

☆ 29% of households have jobs but struggle to cover basic needs: They are 'one emergency from poverty,' one expert says
▼ + stars: | 2024-04-29 | by ( Jessica Dickler | ) www.cnbc.com time to read: +2 min

Stubborn inflation has driven many households near the breaking point, but the pain of high prices has not been shared equally. By most measures, low-income households have been hardest hit, experts say. The Federal Reserve responded with a series of interest rate hikes that took its benchmark rate to its highest level in more than 22 years. The spike in interest rates caused most consumer borrowing costs to skyrocket, putting many households under pressure. Inflation continues to prove stickier than expected, dashing hopes that the Fed will be able to cut interest rates anytime soon.

Persons: ALICE, Brett House, Greg McBride, we've, Jerome Powell, Hoopes Organizations: Columbia Business School, Federal, Labor Department's Bureau of Labor Statistics

☆ He visited Italy for the first time and bought a house within 24 hours
▼ + stars: | 2024-04-28 | by ( Silvia Marchetti | ) edition.cnn.com time to read: +10 min

“I had been to various countries in the European Union on several occasions but never Italy, though it was on my list. Millet says that he began planning to travel to Italy to buy a house back in 2019, but was thwarted by Covid-19. “The prices of the houses were super-attractive, especially coming from the Los Angeles area, and the Latronico properties were for the most part in good shape. “At the end of the day, I bought my place and began thinking about renovations and the future,” he adds. Sunset cocktailsThe house Millet bought has only one bedroom but came with two large basements.

Persons: you’re Paul Millet, you’ve, Millet, ”, “, Covid, he’d, Paul Millet, he'll, Vincenzo Castellano, Latronico, ” Millet, Vincenzo Castellano Millet, Latronico’s peacefulness, “ It’s, I’ve, “ Franca, he’s, “ That’s, Latronico’s, Castellano Organizations: CNN, European Union, ” Locations: Italy, Italy’s Basilicata, Los Angeles, Basilicata, Ireland, Latronico, LA, Maui

☆ As a recent college grad, I've built my career from my childhood bed. I feel like I'm missing out on the professional world.
▼ + stars: | 2024-04-28 | by ( Eibhlis Gale-Coleman | ) www.businessinsider.com time to read: +5 min

I'm on the extreme end of the Gen Z remote worker movement; I've quite literally built my career from under my covers. It's comfortable, but I'm missing out on part of the professional world. I'm in a stronger financial situation because I've been able to stay outside London, and I've still made some genuinely wonderful long-distance connections. I've missed out on having that safety net that most professionals develop in the workplace. I've missed out on all the office dynamics, and there's no denying it; sometimes, staring at a laptop screen alone can feel like Groundhog Day.

Persons: —, I've, I'd, I'm, That's, It's, craves Organizations: Service, Business Locations: London

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