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He also expects more go-getters will feel pressed to do the same as AI bores deeper into the workplace. Of course, if people need to oversee AI bots at all hours, workers could take on babysitting duty at different times of the day. But as he sees how AI will change how humans work, "people are going to get more and more tired — and busier," Gill said. Looking for a payoffNot everyone thinks AI will quash dreams of a four-day workweek. Whelehan said that, ultimately, management will decide whether AI will lead to job losses or enable a four-day workweek.
Persons: , Binny Gill, Gill, Steve Cohen, Emily Rose McRae, McRae, Simon Johnson, Johnson, Alexey Korotich, Korotich, Dale Whelehan, Whelehan, Kognitos Organizations: Service, Business, New York Mets, Gartner, Massachusetts Institute of Technology, International Monetary Fund
Survive.” That has been the mantra of Rachel Goldberg-Polin since her son was taken hostage by Hamas on October 7 with a severe arm injury. “I’ve probably said [it] a million times… over these 202 days,” Rachel told CNN’s Anderson Cooper on Thursday of her personal prayer for her son, Hersh Goldberg-Polin. Speaking in Hebrew, with part of his left arm missing, Goldberg-Polin called on his parents to stay strong for him. The Hamas video on Wednesday showed part of his left arm missing several inches above the hand and it appears to be healing. “It’s normally a commemoration of the Jewish people leaving captivity, leaving Egypt and going on to be a free people,” his mother told Cooper.
Persons: CNN —, Rachel Goldberg, “ I’ve, ” Rachel, CNN’s Anderson Cooper, Hersh Goldberg, , Goldberg, Polin, Jonathan Polin, Jonathan, Cooper, Rachel, “ He’s, Hersh, , , ” Goldberg, that’s Organizations: CNN, Nova, Hamas Locations: Israel, Gaza, Jerusalem, Washington, Egypt, Qatar, United States
CNN —Georgia’s government is attempting to force through a controversial “foreign agent” law, despite international condemnation and huge protests from its citizens. Critics of the law say is it is a Kremlin-inspired effort to undermine democracy which will damage Georgia’s bid to join the European Union. The ruling Georgian Dream party first tried to pass the bill 13 months ago, but was forced into an embarrassing climbdown following a week of intense protests. Nearly 80% of Georgians support European integration, according to a poll conducted in December by the National Democratic Institute. Since Russia invaded Ukraine in February 2022, thousands of Russians – especially men of service age – have fled to Georgia to avoid conscription.
Persons: CNN —, , Vladimir Putin, Putin, ” Salome Zourabichvili, Zourabichvili, , Irakli Gedenidze, ” Giorgi Bekurashvili Organizations: CNN, European Union, South Caucasus, , Kremlin, EU, National Democratic Institute Locations: Soviet, Europe, United States, Tbilisi, Georgian, Russia, South, Russian, “ Russia, Georgia, Ukraine
Barclays cut its price target on Tesla. Turrin's $480 price target suggests Microsoft shares, which are up more than 10% this year, could add another 15.8% over the next 12 months. Nardone kept his $150 price target, which implies Crocs shares could gain 24.3% over the next 12 months. Tesla shares, which have lost more than 36% this year, traded 1.3% higher in premarket trading. Redburn Atlantic also cut its price target to $130 from $150, reiterating its sell rating on the stock.
Persons: Raymond James, Wells, Michael Turrin, Turrin, — Pia Singh, Crocs, Christopher Nardone, Terence Reilly, Nardone, Stanley, Ben Chaiken, Chaiken, Jefferies, Corey Tarlowe, Tarlowe, Tesla's, Dan Levy, Levy, Tesla, Pavel Molchanov, Vernova, Molchanov, Fred Imbert Organizations: CNBC, Wednesday's, Barclays, GE, Microsoft, Bank of America Bank of America, Royal, Mizuho Securities Mizuho, Royal Beach Club, Urban, Jefferies, Urban Outfitters, Abercrombie, General Electric, GE Vernova Locations: Wells Fargo, Heydude, Royal Caribbean, Tuesday's
The explosive growth of the resale market and the rise of fast fashion are partly to blame. It's a high that anyone who shops at thrift stores knows — and one that I've been chasing since high school. lechatnoir/Getty ImagesGen Z made thrifting mainstreamBuying used clothing has never been more popular, largely thanks to Gen Z. Still, even as thrifting has grown in popularity, so have fast fashion brands. "Fifteen years ago you would've seen the majority of your secondhand shoppers were most likely more need-based," she said.
Persons: Thrifting, Gen Z, , I've, Nicole Craig, Arizona State University FIDM, we're, ThredUp, Z, Gen, Danielle Testa, thrifting, millennials, Abercrombie, Craig, Elena Karpova, Testa, Brittany Dickinson, Oleg Cassini, Prada, Jeffrey Greenberg, there's, Dickinson, we've Organizations: Service, Arizona State University, Goodwill, Salvation Army, Fitch, University of North, Goodwill Industries International, Universal, eBay, Urban Outfitters, Free Locations: University of North Carolina, Greensboro, Hendersonville , North Carolina
Some DINKs are using their higher net worth to retire early, travel, and afford luxury items. But there's an even darker side to DINKs: The slice that forgoes kids not by choice but out of necessity. It's difficult to parse out the exact number of Americans who might want kids but can't have them. We know that the childfree group — people who don't want kids — might be about 20% of the US adult population. It's contributing to a whole population of DINKs who can't afford to shed the moniker.
Persons: DINK, , you've, Gen Zers, it's, Kimberly Palmer, Kathryn Edwards, Larry Bienz, he's, Bienz, civically, let's, Amelia, Kevin, They've, We're, Amelia's, Roe, Wade, Zachary Neal, Neal, Jennifer Neal, Priscilla Davies, she's, Davies, They're Organizations: Service, Harris, RAND Corporation, American Society for Reproductive, US Children's Bureau, Michigan State Locations: NerdWallet, DINKs, Chicago, Michigan
CNN —Former President Donald Trump warned Saturday that if he were to lose the 2024 election, it would be a “bloodbath” for the US auto industry and the country. That’ll be the least of it.”The comment came in the midst of an extended riff on the auto industry, unions, the transition to electric vehicles and auto plants in Mexico. The Trump campaign shot back Saturday night, saying the former president was speaking about autoworkers. “Biden’s policies will create an economic bloodbath for the auto industry and autoworkers,” Trump campaign spokeswoman Karoline Leavitt said. “Crooked Joe Biden and his campaign are engaging in deceptively, out-of-context editing that puts Roman Polanski to shame,” Trump campaign spokesman Steven Cheung told CNN.
Persons: Donald Trump, Trump, “ We’re, you’re, ” Trump, don’t, autoworkers, isn’t, I’m, , Bernie Moreno, Trump’s, Joe Biden’s, , ” Biden, James Singer, Karoline Leavitt, Crooked Joe Biden, Roman Polanski, Steven Cheung, Fani Willis, Biden, they’ve, it’s, Adolf Hitler Organizations: CNN, EV, Trump, CNBC, Republican, Fulton, Capitol, US Locations: Vandalia , Ohio, Mexico, Rust, Fulton County
None of that was true for her, but today she is part of a double-income, no-kids — or DINK — couple. AdvertisementWhile Michelle and her spouse's parents have been supportive, the couple still feels the weight of a culture that's oriented around having kids. There's also a familiar refrain — one that many DINKs come up against — that it's a selfish decision to forego having kids. AdvertisementShe thinks that being a DINK, and opting into it as a lifestyle choice, needs to be more normalized. Are you a DINK or someone grappling with the realities of a child-centric world?
Persons: Michelle, DINK, , Michelle didn't, DINK —, They've, She's, it's, Zachary P, Neal, Jennifer Watling Neal, childfree, There's, they're Organizations: Service Locations: DINKs, North Carolina, Europe, Orlando, NerdWallet
Shanker also raised his price target to $80 from $75, suggesting nearly 34% downside from Friday's close. — Spencer Kimball 8:16 a.m.: Loop Capital upgrades Corteva, touts growth acceleration in 2025 Corteva's stronger-than-expected 2024 full-year guidance will jumpstart a period of strong growth, according to Loop Capital. The firm upgraded the agricultural chemicals company to buy from hold and increased its price target to $65 from $57. Analyst Jay Sole upgraded Urban to neutral from sell and upped his 12-month price target by $20 to $41. Kaufman's $183 price target indicates roughly 6.3% downside for shares, which have fallen more than 18% over the past year.
Persons: headwinds, Morgan Stanley downgrades XPO, Morgan Stanley, Ravi, Shanker, — Michelle Fox, Julien Dumoulin, Smith, Duke's, — Spencer Kimball, Chris Kapsch, Kapsch, Brian Evans, Cassie Chan, they'll, Chan, , Jay Sole, URBN, Sole, Urban's, — Pia Singh, Filippo Falorni, Falorni, Hershey, Stanley, Pamela Kaufman, Kaufman's, Hershey's, Kaufman, Graham Doyle, Doyle, Piper Sandler, David Amsellem, Amsellem, Amsellam, Christopher Horvers, Jan, Horvers, Fred Imbert, Dan Levy, Levy Organizations: CNBC, Barclays, Automotive, JPMorgan, Corp, Bank of America, Bank of America downgrades Duke Energy, Duke Energy, Duke, Wall, America, UBS, Urban Outfitters, Free People, Urban, Citi, PepsiCo, Citi Research, Pepsi, Hershey, GE Healthcare Technologies, UBS GE Healthcare Technologies, Pharmaceutical, Teva Pharmaceutical, Federal, Barclays downgrades Rivian, Rivian Automotive, North American EV Locations: Bank of America downgrades, GEHC, David Amsellem U.S
AdvertisementIn December, Taylor Swift — Time's Person of the Year — glittered in front of the camera in a black bodysuit, a floor-skimming chenille dress, and a studded bustier gown. Crafting Swift's public imageThe Swiftian brand philosophy revolves around one essential idea: Taylor Swift is everyone's best friend. These choices are attainable, predictable, and unthreatening — purchases made by your best friend during a mall shopping spree. Lauren Sherman , Fashion Correspondent at Puck News , astutely labeled Swift's style as "Anthropologie Gone Wild" — mismatched, outdated, pedestrian, but instinctual. He's been running his own fashion brand for 20 years .
Persons: Taylor Swift, , inoffensive, Swift, Jean Paul Gaultier, She's, doesn't, J, Lauren Sherman, astutely, Sherman, Swift's, Joseph Cassell Falconer, bedazzled Zuhair Murad bodysuits, Cookie Cohen, Taylor, Cohen, Yves Saint Laurent, they're, Kevin Mazur, Pharrell, Louis Vuitton, Rihanna, He's, Angelina Jolie Organizations: Service, Chiefs, Balmain, Urban Outfitters, Fashion, Puck, Swift, The New York Times, MTV Locations: Zara
DINKs are proudly emerging as an aspirational class for young people — and they're ready to live it up. So when she set up her dating profile, Johnson included in her bio that she didn't want to have kids of her own. Amy Blackstone, the author of the 2019 book " Childfree by Choice ," said that the financial gap between DINKs and couples with kids wasn't solely because of the choice about children. DINKs, GINKs, " rich aunties ," and DINKWADs — DINKs with a dog — have become aspirational identities for younger generations. There are the DINKs who can seize the American dream and the parents who are struggling to stay afloat in a country without guaranteed paid leave or affordable childcare .
Persons: Elizabeth Johnson, Johnson, DINK, DINKs, they've, there's, Amy Blackstone, it's, Alex Killingsworth, Killingsworth, Marcia Drut, Davis, Drut, Blackstone, she'd, Gen Z, That's, X didn't, Zachary P, Neal, Jennifer Watling Neal, millennials —, I've, Marcia, she's Organizations: of, Johnsons, Minneapolis townhome, Federal, Consumer Finances, Broadway Locations: Florida, Swiss, Hawaii, Oregon, Canada, Alaska, Dominican Republic, of America, Minneapolis, Texas, New York, Michigan, Drut
Attacks on ships in the Red Sea are delivering another shock to global trade, coming on top of pandemic-related logjams at ports and Russia's invasion of Ukraine. The normal route — three weeks via the Suez Canal — has been shut down by the Houthi attacks. Chief executive Stuart Machin said the Red Sea trouble was “impacting everyone and something we’re very focused on." For Europe, the impact is even bigger: 40% of clothes and 50% of shoes traverse the Red Sea. Norwegian fertilizer giant Yara said it was “only mildly impacted by the transit challenges in the Red Sea."
Persons: What’s, Ryan Petersen, Petersen, It’s, Clifton Broumand, Broumand, , , , it’s, Tesla, Spencer, Stuart Machin, Steve Lamar, Lamar, Flexport, Katheryn Russ, Davis, Judah Levine, Freightos, it's, Russ, Obama, Carlos Tavares, Stellantis, Jan Hoffmann, Frank Conforti, Conforti, ____ Anderson, Kelvin Chan, Anne D'Innocenzio, Yuri Kageyama, Tom Krisher, David McHugh Organizations: WASHINGTON, , Hamas, Machine, Volvo, Suzuki Motor Corp, American Apparel & Footwear Association, University of California, U.S . Federal Reserve, BMW, Retailer, Free People, AP Business Locations: Belgium, Germany, British, Maryland, Asia, Ukraine, Yemen, Gaza, Europe, United States, Suez, Africa, , Panama, Greater Landover , Maryland, Taiwan, China, Los Angeles, Berlin, Swedish, Ghent, Hungary, Japan, U.S, overcapacity, Red, Israel, India, New York, London, Tokyo, Detroit, Frankfurt
Attacks on ships in the Red Sea are delivering another shock to global trade, coming on top of pandemic-related logjams at ports and Russia's invasion of Ukraine. The normal route — three weeks via the Suez Canal — has been shut down by the Houthi attacks. Chief executive Stuart Machin said the Red Sea trouble was "impacting everyone and something we're very focused on." For Europe, the impact is even bigger: 40% of clothes and 50% of shoes traverse the Red Sea. Norwegian fertilizer giant Yara said it was "only mildly impacted by the transit challenges in the Red Sea."
Persons: It's, Petersen, Ryan Petersen, Clifton Broumand, Broumand, it's, Tesla, Spencer, Stuart Machin, Steve Lamar, Lamar, Flexport, Katheryn Russ, Davis, Judah Levine, Freightos, Russ, Obama, Carlos Tavares, Stellantis, Jan Hoffmann, Frank Conforti, Conforti Organizations: Galaxy, Houthis Media, Getty, Machine, Hamas, Volvo, Suzuki Motor Corp, American Apparel & Footwear Association, University of California, U.S . Federal Reserve, BMW, Retailer Urban Outfitters, Free People Locations: Iran, Yemen, Anadolu, Greater Landover , Maryland, Taiwan, China, Gaza, Panama, Asia, Europe, United States, Suez, Africa, Ukraine, Belgium, Germany, British, Maryland, Los Angeles, Berlin, Swedish, Ghent, Hungary, Japan, U.S, overcapacity, Red, Israel, India
Once known as a staple American mall brand, Gap lost its relevance among consumers who traded shopping centers for e-commerce. "Gap brand, as you know, has tremendous heritage as a pop culture brand," Dickson told investors. Jennifer Ortakales Dawkins/Business InsiderGap's design team is playing it too safe for today's competitive market. Jennifer Ortakales Dawkins/Business InsiderOn that note, Gap could be doing a lot more to market to younger generations. Jennifer Ortakales Dawkins/Business InsiderBriggs suggests brands like Gap go where their younger customers spend much of their time: TikTok, YouTube, and Instagram.
Persons: , Richard Dickson, Dickson, Ellyn Briggs, Barbie, Neil Saunders, Jennifer Ortakales Dawkins, Briggs, Gen Zers, Gen, Gen Z, Piper Sandler's Organizations: Service, Mattel, Morning, New York City, Grand Central, Free, Nike, Alpha, Teens, Times, YouTube Locations: New York City, New York, Grand
If you don't have children — and don't plan on having any — the normal rules of personal finance don't necessarily apply to you. Unless you have major financial obligations your spouse couldn't bear if you died, "it's very rare that childfree people will need life insurance," says Zigmont. Another major consideration: long-term care insurance. "[Considering long-term care insurance] something I want people to be doing by about their mid-forties. And the reason for that is that's when long-term care insurance is the most reasonable.
Persons: Jay Zigmont, Dave Ramsey, Zigmont, childfree, , It's, Dad You've, You'll Organizations: Genworth, Medicaid
Childfree workers told Business Insider they often feel pressured to cover for parents at work. Benson's not alone in experiencing the tension of splitting work between childfree workers and those with kids. For childfree workers, it may lead to resentment, or feeling like their time isn't as valuable. And that might, in turn, lead to childfree workers being asked to take on more. But the childfree workers, parents, and experts that Business Insider spoke with say that making it a worker-to-worker dispute takes the onus off of companies and policy.
Persons: , Kira Benson, Benson, Benson's, isn't, tenable, It's, aren't, Amanda Pericles, JessieMay Reed, they've, I'm, Benson doesn't, Arindrajit Dube, Claudia Goldin, Dube, " Dube, Evi, Nardi, Pericles, Pericles isn't, Reed, Kitty Richards, Richards, Betsy Cardenas, She's, Cardenas, we're Organizations: Business, Service, Bloomberg Law, University of Massachusetts Amherst, Treasury Department, of Labor Statistics, monopsony Locations: Seattle,
Jack Dorsey says Block will no longer do performance reviews or performance-improvement plans. She told me she thought PIPs — performance improvement plans — were underused because companies don't necessarily want to do the legwork that often goes with them. Jack Dorsey's Block just announced that they're going to stop doing PIPs and just fire people who aren't up to snuff. So, having some ability to correct your things you're doing wrong — that's important. Block is also getting rid of annual performance reviews.
Persons: Jack Dorsey, Block, Tim Paradis, Dorsey, , BI's, who's, you've, Gen Z, Korn, they're, Jack Dorsey's Block, it's Organizations: Service, Business Locations: Valley
Review and Outlook by The Editorial BoardVideos that speak for free markets and free people, the principles, if you will, marked in the watershed year of 1776 by Thomas Jefferson's Declaration of Independence and Adam Smith's "Wealth of Nations."
Persons: Thomas Jefferson's, Adam Smith's Organizations: Nations
Urban Outfitters Inc., or URBN, has been quietly building a new segment near its headquarters in Philadelphia. Launched in 2019, Nuuly is a clothing rental subscription service that features the company's brands Urban Outfitters, Free People and Anthropologie, as well as more than 400 other brands and designers. Nuuly is set to reach profitability in its third or fourth fiscal quarter of 2023. "Most of the timeframes that we've set up until now, we've been running ahead of," Hayne said. Though Nuuly isn't the first rental service on the market, analysts said there's a lot of opportunity in the nascent space.
Persons: Dave Hayne, Nuuly, Adrienne Yih, we've, " Hayne, Hayne, Yih, Vince Camuto Organizations: Urban Outfitters Inc, Urban Outfitters, Free, Barclays, McKinsey & Company, Analysts, Banana Locations: Philadelphia, URBN's, Kansas City , Missouri, Kansas, Banana Republic
Isolationism Makes a Perilous Moment More So
  + stars: | 2023-11-08 | by ( Paul A. Gigot | ) www.wsj.com   time to read: +1 min
Images: Getty Images/Reuters Composite: Mark KellyI recently looked back at what my predecessor and mentor, Robert Bartley , said in 2002 upon his retirement. He surveyed his 30 years as Journal editor and the progress that had been made. America had won the Cold War, vanquished the stagflation of the 1970s, and quieted the social convulsions of the 1960s and ’70s. “What I think I’ve learned over 30 years,” Bob wrote, “is that in this society, rationality wins out, progress happens, and problems have solutions. This, I like to think, is what happens when a society incorporates the editorial credo of my newspaper, free markets and free people.
Persons: Nikki Haley, Ron DeSantis, Chris Christie, Tim Scott, Vivek Ramaswamy, Mark Kelly, Robert Bartley, ” Bob, , Organizations: America
WSJ Opinion: Nikki Haley Stands Out on Foreign Policy
  + stars: | 2023-11-08 | by ( Wsj Opinion | ) www.wsj.com   time to read: 1 min
Review and Outlook by The Editorial BoardVideos that speak for free markets and free people, the principles, if you will, marked in the watershed year of 1776 by Thomas Jefferson's Declaration of Independence and Adam Smith's "Wealth of Nations."
Persons: Thomas Jefferson's, Adam Smith's Organizations: Nations
Review and Outlook by The Editorial BoardVideos that speak for free markets and free people, the principles, if you will, marked in the watershed year of 1776 by Thomas Jefferson's Declaration of Independence and Adam Smith's "Wealth of Nations."
Persons: Thomas Jefferson's, Adam Smith's Organizations: Nations
WSJ Opinion: Why Dean Phillips Is Taking On Joe Biden
  + stars: | 2023-11-05 | by ( Wsj Opinion | ) www.wsj.com   time to read: 1 min
Review and Outlook by The Editorial BoardVideos that speak for free markets and free people, the principles, if you will, marked in the watershed year of 1776 by Thomas Jefferson's Declaration of Independence and Adam Smith's "Wealth of Nations."
Persons: Thomas Jefferson's, Adam Smith's Organizations: Nations
WSJ Opinion: The Disgrace of the United Nations on Israel
  + stars: | 2023-10-31 | by ( Wsj Opinion | ) www.wsj.com   time to read: 1 min
Review and Outlook by The Editorial BoardVideos that speak for free markets and free people, the principles, if you will, marked in the watershed year of 1776 by Thomas Jefferson's Declaration of Independence and Adam Smith's "Wealth of Nations."
Persons: Thomas Jefferson's, Adam Smith's Organizations: Nations
President Biden could very well go down in history as the last American president born during World War II and shaped by a view of American power nurtured in the Cold War. To Mr. Biden’s mind, this has been the moment he has trained for his entire political career, a point he often makes when challenged about his age. In the past eight months, he has visited two countries in the midst of active wars. He has married his public embraces with private cautions, and kept American troops out of both conflicts — so far. Whether Mr. Biden can bring the American population along, however, is a more unsettled question than at any moment in his presidency, and the backdrop of his rare Oval Office address on Thursday night.
Persons: Biden, Golda Meir, Mikhail Gorbachev, Hamas —, , , Michael Beschloss, Vladimir V, Putin, Peter the Great, Republicans —, Donald J, Trump Organizations: States —, Hamas, Ukraine, Republicans, Republican Party Locations: States, Ukraine, Israel, United States, America
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