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☆ JPMorgan just unleashed hundreds of Investor Day slides. These 6 hold key clues about the bank's future, from investment banking to AI.
▼ + stars: | 2024-05-20 | by ( Reed Alexander | ) www.businessinsider.com time to read: +1 min

She said her unit now aspires to train all of its workers in AI to get them ready "for the AI of the future," and she outlined some of the ways AI is helping bankers do their jobs. She said AI is reducing what she called "no joy" work. Some of the ways the bank thinks AI can come in handy are big and sweeping, while others are small by comparison. Broadly speaking, AI was a hot topic for other bank leaders at investor day, too. "You can't envision one app, one database, or one job where it's not going to help aid or abet."

Persons: Mary Erdoes, Jamie Dimon, it's

☆ I tried 23 popular frozen meals from Trader Joe's, and would buy at least half of them again
▼ + stars: | 2024-05-16 | by ( Savanna Swain-Wilson | ) www.businessinsider.com time to read: +34 min

I'm picky about instant meals, though, so I reviewed 23 of Trader Joe's frozen entrées. AdvertisementVERDICT: Although Trader Joe's penne arrabbiata could make for a satisfying, last-minute dinner, it wasn't memorable enough for me to buy again. Trader Joe's frozen section offers many different Tex-Mex and Mexican-inspired dishes, but I noticed these because of the "hatch chile" description. I thought Trader Joe's vegetable-and-cheese enchiladas were a disappointing, soggy messOnce cooked through, Trader Joe's vegetable-and-cheese enchiladas didn't impress me. I hoped Trader Joe's spicy peanutty noodle bowl with chicken would be goodI enjoyed Trader Joe's spicy peanutty noodle bowl with chicken.

Persons: —, Joe's, Wilson, Wilson I'm, it's, penne arrabbiata, I'm, fryer, Savanna, gooey Monterey Jack oozed, they're, might've, I've, provolone, Wilson Jackfruit, didn't, It's, I'd, you've, mozzarella, Bolognese, would've, bolognese, microwaving, gnocchi, it'll, chow, chiles, Wilson I, raved Organizations: Service, Business, Monterey, Wilson, Joe's Locations: Savanna, Monterey Jack, gooey Monterey, Cuban, pesto, jalapeño, gnocchi

☆ Analysis: Cohen gets a breather after bruising cross-examination as Trump looks on
▼ + stars: | 2024-05-15 | by ( Stephen Collinson | ) edition.cnn.com time to read: +8 min

Blanche took Cohen through a long list of the insults he’s unleashed at Trump since becoming estranged from his former mentor, highlighting his penchant for serial lying. He drew jurors’ attention to a social media post in which Cohen wore a T-shirt that depicted Trump in jail, as he spun a narrative of bias and obsession. A key legal conundrum is whether prosecutors have so far succeeded in validating the legal theory behind the case. That foreboding realization was exacerbated by a new posse of Trump supporters at the courthouse on Tuesday, including House Speaker Mike Johnson. While Cohen’s reluctance to offer yes-and-no answers came across at times as flippant and confrontational, he did not appear to say or do anything to torpedo the prosecution case.

Persons: Donald Trump’s, Michael Cohen, don’t, Cohen, ”, Todd Blanche, president’s, didn’t, he’s, Trump, Stormy Daniels, Blanche, ” Cohen, he’d, ” Blanche, douchebag, ” Michael Moore, “, Moore, Juan Merchan, Will Trump’s, ” Shira Scheindlin, CNN’s Jake Tapper, ” Scheindlin, “ Cohen, Mike Johnson, ” Johnson, Andrew McCabe, Cohen’s, ” Moore, Daniels, Susan Hoffinger, reimbursements, ’ ” Cohen Organizations: CNN, GOP, Trump, Middle, Middle District of, Louisiana Republican, Defense, FBI Locations: Ohio, Kentucky, Middle District, Middle District of Georgia, New York, Louisiana, Blanche, Manhattan

☆ I pay $1,450 a month to live on a houseboat in Toronto—'the best decision I ever made': Take a look inside
▼ + stars: | 2024-05-14 | by ( Kate Fincham | ) www.cnbc.com time to read: +6 min

Buying a houseboat: 'It felt like the perfect place for me'I visited one of the houseboats the following week. Moving aboard: 'The best decision I ever made'Going straight into a Canadian winter as a houseboat novice is generally considered a poor decision. Three years later, I regard buying my houseboat as the best decision I ever made. Courtesy of Kate FinchamMy bathroom has a typical residential toilet (which flushes into a holding tank below) and a bathtub. This area acts as my living room, dining room, and office, and features a wood stove and sliding glass doors that exit onto my back deck.

Persons: I've, I'd, Kate, Kate Fincham, Charlie, Finn, it's Organizations: Swans, Insurance Locations: Toronto

☆ I tried fried-chicken recipes from Guy Fieri, Ina Garten, and Alton Brown, and the best called for pickle juice and hot sauce
▼ + stars: | 2024-05-13 | by ( Meredith Schneider | ) www.businessinsider.com time to read: +1 min

I tried fried-chicken recipes from chefs Alton Brown, Ina Garten, and Guy Fieri. Garten's recipe took the longest to prep, and Brown's added a bit of paprika for a kick. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . To start, I tried three fried-chicken recipes from Ina Garten, Alton Brown, and Guy Fieri to see which would be my new go-to.

Persons: Alton Brown, Ina Garten, Guy Fieri, Brown's, —, I've Organizations: Service

☆ The biggest bombshells from Michael Cohen's testimony were all in Trump's own words
▼ + stars: | 2024-05-13 | by ( Jacob Shamsian | Laura Italiano | ) www.businessinsider.com time to read: +11 min

But in his under-oath testimony for Trump's criminal trial Monday, Cohen placed Trump firmly in the room where it happened. AdvertisementIn 2015, Trump told Cohen he would run for president. When Cohen told Trump about it, his response was, "She's really beautiful," Cohen said. According to Cohen, Trump's goal was to postpone the payment until after the November 2016 election, at which point he didn't think it would matter. "I used quite a few expletives," complaining to Weisselberg, Cohen told jurors.

Persons: —, Michael Cohen, Stormy Daniels, Donald Trump's, Cohen, Trump, Trump's, Daniels, Karen McDougal, Donald Trump, Jon Kopaloff, Curtis Means, Steve Granitz, " Cohen, David Pecker, Hillary Clinton, Ted Cruz's, Lee Harvey Oswald, Marco Rubio, Pecker, Melania Trump, — Cohen, TheDirty.com, Keith Davidson, Allen Weisselberg, Brendan McDermid, didn't, Weisselberg, Cohen he'd, Allen, Michael, stiffed, Susan Hoffinger Organizations: Service, Business, Trump, American Media Inc, National Enquirer, AMI, Republican, Washington Post, Manhattan Criminal Court, Reuters, Trump Organization Locations: Manhattan, Trump, Mar, Florida

☆ Meet the doomsayers waiting for the economy to crash
▼ + stars: | 2024-05-11 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +7 min

"The one thing that our economy is going to be guaranteed is a wartime economy," Daniel told Business Insider in an interview. Interest in ultra-bearish takes on the market or the economy is on the up based on raw search data. Google searches for "stock market crash" have jumped 17% over the last quarter, while searches for "economic crash" have surged 15%, according to search analytics firm Glimpse. In both communities, users are sounding the alarm on all sorts of apocalyptic scenarios for the economy, with some predicting a stock market crash, housing market crash, or a total collapse of the US financial system. "Others may not be as lucky and could be constrained by them, and that could color their outlooks for the stock market and the economy."

Persons: —, Daniel, subreddit, Freddie Smith, Smith, aren't, Jonathan Rose, he's, Rose, there's, that's, Richard Sylla Organizations: Service, Genesis Gold, US, Northwestern Mutual, New York University Locations: Washington ,, Reddit, Florida

☆ Healthy alternatives to replace ultraprocessed foods in your diet
▼ + stars: | 2024-05-11 | by ( Katia Hetter | ) edition.cnn.com time to read: +5 min

CNN —Many people love their ultraprocessed foods. More than 70% of the US food supply is made of ultraprocessed food. But a diet heavy in ultraprocessed food isn’t good for us, science has shown. Eating ultraprocessed foods raises the risk of developing or dying from dozens of health conditions, according to a February review covering nearly 10 million people. The no-fly list of ultraprocessed food is loaded with store-bought chips, sugar-packed yogurts and candy-filled trail mix.

Persons: Skip, Al Bochi, Casey Barber’s, Suzy, Karadsheh, Bochi’s, Parfaits, CNN’s Sandee LaMotte, Madeline Holcombe Organizations: CNN, Food and Agriculture Organization, United Nations, Olive, Olive Tree Nutrition Locations: Olive Tree

☆ I ended up being a caretaker for both my baby boomer parents. My Gen Z friends were surprisingly understanding.
▼ + stars: | 2024-05-08 | by ( Ivannia Morton | ) www.businessinsider.com time to read: +4 min

I've always known that my parents were older than the parents — and occasionally even the grandparents — of my peers. Having older parents than my peers was both rewarding and challenging while growing up. Almost any child with older parents, regardless of the generation they were born into, can tell you they've imagined what taking care of their parents would look like. To my surprise, many of my Gen Z friends knew exactly what I was going through. You rarely tell the "outside" — be it your extended family or friends, what's going on "inside" — or in the home.

Persons: I've, —, what's, I'd

☆ Jeff Bezos, Doja Cat and Pamela Anderson Pregame the Met Gala
▼ + stars: | 2024-05-06 | by ( Callie Holtermann | ) www.nytimes.com time to read: +1 min

On Sunday evening, the rapper Doja Cat swept into an upscale French restaurant in SoHo carrying a disposable Starbucks cup. She stashed it at the bar, and then made her way to the rear of the room to kiss the actress Pamela Anderson on one makeup-free cheek. Ms. Anderson was hosting a party with the label Monse as a kind of amuse-bouche for the Met Gala the next night. “I’m going to be walking all of those scary feelings out,” she said. Guests sipping Sancerre traded thoughts on increasingly elaborate gala prep routines.

Persons: Pamela Anderson, Anderson, Ms, “ I’m, ”, radishes, sipping Sancerre Locations: SoHo, La

☆ 21-year-old joined the circus over going to college—and gets shot out of a cannon for work
▼ + stars: | 2024-05-05 | by ( Morgan Smith | ) www.cnbc.com time to read: +6 min

Skyler Miser credits her love for the circus to her parents Brian and Tina, who performed in earlier versions of the Ringling Circus in the early and mid-2000s. Skyler Miser's average work shift lasts about three seconds — a time during which she's shot out of a cannon in front of thousands of people. Miser was just 2 years old when she first performed in the circus, joining her parents on stage to introduce their act. Her father, Brian Miser, and her mother Tina Miser performed in earlier versions of the Ringling Circus in the early and mid-2000s, also as human cannonballs. During her act, Miser is propelled about 70 feet in the air at speeds of up to 65 miles an hour.

Persons: Skyler Miser, Brian, Tina, Skyler Miser's, she's, Abu, Formula, Miser, Brian Miser, Tina Miser, Benjamin Wallace, Ringling, Miser's, Bailey, hasn't Organizations: Ringling, Ringling Brothers, Barnum, CNBC, Circus, Peru Amateur, Air Force, Ringling Bros Locations: Peru , Indiana, Peru, Las Vegas, United States

☆ Stormy unchained: Lawyers for Trump and porn star struggled to control her after hush-money story broke in 2018
▼ + stars: | 2024-05-04 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +8 min

Text messages shown in Donald Trump's hush-money trial reveal attorneys' struggles to manage Stormy Daniels. Michael Cohen, Trump's ex-attorney, appeared frantic in messages after the hush-money story broke in 2018. Minutes later Cohen texted Davidson, "Please call me," before he again texted, "Cmon!" Advertisement"Why is she going on Kimmel after the Sotu," Cohen texted Davidson days earlier. "She just denied the letter," Cohen texted Davidson at the time.

Persons: Donald Trump's, Stormy Daniels, Michael Cohen, Trump's, Cohen, Daniels, —, Keith Davidson, Davidson, Trump, Drew Angerer, Davidson texted Cohen, Cohen messaged Davidson, Stephanie Clifford —, Sean Hannity's, Davidson texted, Cohen texted Davidson, texted, Eduardo Munoz, Let's, Cohen backtracked, Michael Cohen's, Jane Rosenberg Davidson, Kimmel, Jimmy Kimmel, Cohen messaged, Gina Rodriguez, Gina Organizations: Prosecutors, Trump, Service, Street, Sean Hannity's Fox, Manhattan, REUTERS, Attorney's Locations: Los Angeles, LA, Manhattan, NY

☆ Jeff Bezos' tips on how to run a company and manage your team
▼ + stars: | 2024-05-02 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +7 min

In his 27 years at the helm of Amazon, Jeff Bezos taught his successor, Jassy, and others a lot about how to run one of the world's biggest businesses. One of Bezos' meeting no-nos is PowerPoints, which he has banned in company meetings. "I thought to myself, 'We can sell anything this way,'" Bezos said. Bezos says Type 1 decisions take up most of your time, while Type 2 decisions should be delegated or grouped with other smaller decisions for later. Bezos believes you should make decisions with 70% of the information you wish you had, and iterate from there.

Persons: —, Andy Jassy, Jeff Bezos, Jassy, Jeff, Bezos, he's, It's, He's, they've, centibillionaire, you'll, you'd Organizations: Service, Business Locations: Amazon

☆ A millennial who quit Fidelity and Salesforce is one of many choosing to 'descend the corporate ladder' — for less stress
▼ + stars: | 2024-05-02 | by ( Maria Noyen | ) www.businessinsider.com time to read: +5 min

Read previewDespite years of believing it was the only path, a Los Angeles-based millennial decided against climbing the corporate ladder. Kirra Dickinson, a 27-year-old content creator and manifestation coach, told Business Insider she spent years in technology research after graduating from UC Berkeley. Dickinson said she felt pressure to climb the corporate ladder growing up. In the video, which has over 1.1 million views, Yin said he is electing to "descend the corporate ladder" to better his health. Like some commentators on Yin's video, Dickinson said she felt "relieved" after ditching the corporate ladder.

Persons: —, Kirra Dickinson, Dickinson, we're, Octavia Goredema, Zers gravitating, Goredema, Aaron Yin, Yin Organizations: Service, UC Berkeley, Business, Fidelity Locations: Los Angeles, Boston, Salesforce, Southern California, New York

☆ The 3 red flags a sushi chef looks out for when he goes out for high-end sushi
▼ + stars: | 2024-05-01 | by ( Rachel Askinasi | ) www.businessinsider.com time to read: +5 min

Chef Masaharu Morimoto shared red flags he looks out for when at a high-end sushi restaurant. AdvertisementChef Masaharu Morimoto told Business Insider there are specific details throughout a sushi-eating experience that show him whether he's actually at a high-quality establishment. He told BI that the art of being a sushi chef "is a very important position in Japanese culture," and he takes traditional sushi seriously. AdvertisementWasabi should be freshly grated, not packagedA high-end sushi restaurant also loses bonus points with Morimoto if it's not serving fresh wasabi. "Using ingredients that are in season allows for the sushi to be at its freshest and always filled with flavor," Morimoto told BI.

Persons: Masaharu Morimoto, Rice, —, he's, Morimoto, it's, Morimoto Chef Masaharu Morimoto Organizations: Service, BI, Department of Health

☆ Fresh customer-fraud allegations against Globe Life
▼ + stars: | 2024-04-30 | by ( Susan Antilla | ) www.businessinsider.com time to read: +9 min

Read previewThe embattled insurer Globe Life and its subsidiary American Income Life face new allegations of fraud, kickbacks, and misclassifying its army of sales agents. Neither Globe, AIL, or any affiliated agencies have requested a correction on BI's series, which has been cited in all three short-seller reports. Spokespeople for Globe, AIL, and Arias did not respond to inquiries about the Viceroy report. Viceroy today published excerpts from a civil complaint alleging that Globe Life required recruits to purchase the course from Xcel for $149, $119 of which was kicked back to Globe Life, AIL, and agency executives, an allegation Globe has denied. "As you might expect, these sales tactics do not engender long-term retention of policies," the Viceroy report states.

Persons: —, AIL, Fraser Perring, Nate Koppikar, Panda, Arias, Erica Robertson, Robertson, Amy Williamson, Renee Zinsky, Fuzzy Panda, Jamie Winters, Winters, Viceroy, AIL's, Antonio – Organizations: Service, Viceroy Research, Globe, Business, Research, Orso Partners, Insurance Department, Pennsylvania, Arias Organization, Social, Organization, AIL, BI, Department, Xcel, Liberty National Life, Ohio Department of Insurance Locations: Texas, London, Globe, Maryland, Pennsylvania, Arias's Wexford, California, Xcel, Ohio, Antonio

☆ My Investment Banking Job Nearly Destroyed Me
▼ + stars: | 2024-04-29 | by ( Christine Ji | ) www.businessinsider.com time to read: +9 min

I hadn't expected to be lying on the office floor thinking that I needed to quit my investment banking job — yet there I was. The allure of an investment banking job is seductive. Being an investment banking analyst was much sexier in theory than practiceI knew banking would be intense from the internship, but nothing could've prepared me for just how intense the full-time role was. There's very little advice out there on how to quit your investment banking job. I can't say I loved investment banking to that degree, so I walked away.

Persons: could've, nauseous, there'd, Ji Organizations: Business, Ivy League, Wall

☆ IRS free tax filing pilot processed more than 140,000 returns, saved consumers $5.6 million in prep fees
▼ + stars: | 2024-04-26 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +1 min

IRS Commissioner Danny Werfel testifies during the Senate Finance Committee hearing on the fiscal 2024 IRS budget and the IRS' 2023 filing season, in the Dirksen Building in Washington, D.C., on April 19, 2023. This season, more than 140,000 taxpayers successfully filed returns using IRS Direct File, a free tax filing pilot from the IRS, according to the U.S. Department of the Treasury and the IRS. The program fully opened for certain taxpayers in 12 states in early March and saved filers an estimated $5.6 million in tax preparation fees for federal returns, IRS Commissioner Danny Werfel told reporters on a press call. Direct File surveyed more than 15,000 users and some 90% rated their experience as "excellent," the agencies reported. The IRS plans to release a more detailed report about the Direct File pilot "in the coming days," he added.

Persons: Danny Werfel, Werfel Organizations: Senate, IRS, Washington , D.C, U.S . Department of, Treasury, Finance Locations: Washington ,

People are surprised to learn that Mari Murdock, 36, is a professional game master, a role in which she organizes and narrates tabletop roleplaying games like Dungeons & Dragons. Dungeons & Dragons is an open-ended tabletop game in which the narrative is shaped by the players' choices, whether that's through combat, puzzles or negotiation. But as Murdock played tabletop games through the 2010s, she grew more confident in the skills it takes to run a good game. The timing was fortuitous, as tabletop gaming became more popular during the pandemic. For Murdock, gaming allows you to immerse yourself in "a pretend situation where you are imagining that you are someone else.

Persons: Mari Murdock, Graham Merwin, Murdock, — it's, Scott, Murdock's, Mari, she'd, Dax Levine, —, Levine, Max, we've, it's Organizations: CNBC, Westminster University, Brigham Young University, Hawaii, BYU, Dragons, Guinness World Records, &, PayPal, Hulu, Spotify, Amazon Prime, Max Insurance, Relief Society Locations: Utah, Salt Lake City, Michigan, Hawaii, Japan, Scott, Provo , Utah

astead herndonLast year, the comedian was Roy Wood Jr., a veteran of “The Daily Show” on Comedy Central —archived recording (roy wood jr.) Happy to be here. I don’t think you can ignore anything that the American people are bringing to you. So I think that’s where it ain’t funny to a lot of people. And I think that’s what we’re — those are the only two things we’re armed with is either laughs or yelling. But now do you want the funny guy that’s going to be in control of your uterus?

Persons: astead herndon, Jon Stewart, Wanda Sykes, roy, Dark Brandon, Roy Wood Jr, astead herndon —, I’ll, I’m, Clarence Thomas, There’s, Trump, it’s, Donald Trump, —, Biden, ” I’m Astead, ”, Showtime ”, that’ll, astead herndon Really, It’ll, astead, Jim Messina, Joe Biden, Rupert Murdoch, That’s, Harry Styles, Don Lemon, Harris, Ron Klain, exoticize Joe Biden, Scranton Joe, we’re, you’re, Obama, herndon, we’ve, Bob Dole, that’s, George Floyd, They’re, what’s, Roy, Buddy, who’s, Trayvon Martin —, let’s, Ludacris, Kim Kardashian, Ray J, Kardashian, astead herndon Roy, he’s, Joe Biden’s, It’s, I’ve, He’s, George Lopez, they’re, astead herndon I’m, there’s, John Oliver — astead herndon, “, Sarah Palin, Tina Fey’s, Nikki Haley, ain’t, Haley, Nikki Haley can’t, donald, Ron “ DeSanctimonious, astead herndon It’s, who’ve, Obama Obama, Lock, Hillary’s, Marco, You’re, Little Marco, Karine Jean, Pierre, astead herndon That’s, Donald Trump’s, Stormy Daniels, Jonah Bromwich, haven’t, jonah bromwich You’ve, We’ve, Michael Cohen, David Pecker, don’t, Trump — jonah bromwich, He’ll, biden, astead herndon Joe Biden, Let’s, She’s Organizations: White, Super, Comedy, “, Disney, The New York Times, Showtime, astead herndon, Trump, Biden, Paramount, BET, Scranton, Republicans, Florida, M University, Black College, Republican, Democratic Party, Democratic, Democrat, RFK, Party, Tea Party, SNL, Democrats, Tower, National, ”, AMI, Trump — Locations: Washington , DC, France, America, ” I’m Astead Herndon, herndon, Scranton, Tallahassee, Birmingham , Alabama, Birmingham, astead herndon, South Carolina, CPAC, Palestine, Israel, Manhattan, Florida, Tampa, Pennsylvania

☆ Cheslie Kryst said she was 'burned out' by the 2-week Miss USA competition before winning the crown
▼ + stars: | 2024-04-24 | by ( Anneta Konstantinides | ) www.businessinsider.com time to read: +4 min

She won Miss North Carolina USA in 2019 and began preparing for Miss USA while working full-time as a complex litigation attorney. Lunch breaks were reserved for Miss North Carolina speaking engagements or practicing with her Miss USA interview coaches. Related storiesThe preparation didn't ease up once Kryst arrived in Reno, Nevada, for Miss USA 2019. Miss USA/Alex Mertz"The Miss USA competition was far more than the television broadcast aired on finals night," she wrote in her memoir. It was a historic year for pageants as Miss Universe, Miss USA, Miss Teen USA, and Miss America were all won by women of color.

Persons: —, Kryst's, April Simpkins, Patrick Prather, I'd, Kryst, Cheslie, Miss USA, Alex Mertz, Simpkins Organizations: Service, Miss USA, Miss North Carolina USA, Business, Miss, Miss Universe, Miss North, Miss Universe Organization, Miss Teen USA, Miss America Locations: Miss USA, USA, Miss North Carolina, Reno , Nevada, acclimate

☆ I hate cottage cheese but I tried stirring it into my meals for an extra dose of protein. I felt my gym performance improve.
▼ + stars: | 2024-04-24 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +7 min

AdvertisementWhen I was a kid, my parents had me try cottage cheese. AdvertisementI made the TikTok-viral high-protein pasta sauce firstSome of the most popular recipes involve blending cottage cheese with your pasta sauce of choice. The eggs improved my gains in the gymI whisked eggs, cottage cheese, salt, and pepper before adding everything to the skillet. AdvertisementJulia PugachevskyIn a blender, I added the cottage cheese, protein powder, cocoa powder, tahini, oats, and almond milk. Eating this felt like a punishment, but I don't want to slander poor cottage cheese: she did no wrong here.

Persons: I've, It's, TikTok, —, TikToks, Julia Pugachevsky, Parmesan, skillet, Julia Pugachevsky I've Organizations: Service

☆ Merrill's Lindsay Hans and Eric Schimpf were thrust to the top of the $3.3 trillion wealth unit last year. Here's a look at their new playbook.
▼ + stars: | 2024-04-22 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +9 min

Thirteen months ago, Andy Sieg unexpectedly left Merrill Wealth Management to run Citi's ailing wealth unit. His replacements, Lindsay Hans and Eric Schimpf, had big shoes to fill. Hans and Schimpf were company veterans but lesser known before they were anointed to lead the $3 trillion wealth business attached to behemoth Bank of America. Schimpf is more soft-spoken than his cohead Hans, who was promoted to run the private wealth business one month before Sieg left. AdvertisementMerrill has the benefit of being part of a bank with some 69 million consumer bank clients.

Persons: Andy Sieg, Lindsay Hans, Eric Schimpf, Merrill, Hans, Schimpf, Sieg, Lindsay, it's, Sieg's, Louis Diamond, Schimpf's, Hans said, AdvisorHub Organizations: Service, Merrill Wealth Management, behemoth Bank of America, Business, Merrill, Army, UBS, Schimpf, Northeast, Merrill . Bank of America, Bank of America, Customers, Bank of, First, JPMorgan Locations: Los Angeles, Coast, New York City, Nevada, First Republic, Merrill

☆ Should the SAT still matter after all these years? Why some colleges are bringing it back
▼ + stars: | 2024-04-21 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +15 min

The longest-enduring standardized college admissions test in the nation, the SAT has faced decades of controversy over bias and criticism for reducing aspiring college students to a test score. Discrepancies with standardized testing appear to be symptomatic of the inequality endemic to the education system. In 2005, the College Board added an 800-point writing section to the exam alongside its math and verbal reasoning sections. In this Jan. 17, 2016 file photo, a sign is seen at the entrance to a hall for a college test preparation class in Bethesda, Md. Alex Brandon/APThe College Board told CNN it has also done away with its esoteric vocabulary in the past decade.

Persons: ”, Carl Brigham, Brigham, classism —, Daaiyah Bilal, Harry Feder, Barnes, Noble, Mario Tama, haven’t, Daniel Koretz, Koretz, Scott Eisen, Brown, ” Dartmouth, Ethan Hutt, Horace Mann, Warren K, Leffler, Alex Brandon, It’s, Rachel Rubin, Jack Schneider, ” Schneider, David Coleman, “, ” Coleman, it’s Organizations: New, New York CNN, National Center for Fair, Princeton, College Board, CNN, National Education Association, ACT, Ivy League, Harvard’s Graduate School of Education, Harvard’s, Dartmouth College, Yale, Dartmouth, Harvard, University of Florida, University of Texas, ” UT Austin, College Board's, University of North, Chapel Hill’s School of Education, Massachusetts, of, Phillips Exeter Academy, of Congress, Census, Board, UMass Amherst’s Center for Education, Holton Arms, The College Board, Khan Academy, The Locations: New York, New York City, United States, Guatemala, Hanover , New Hampshire, Georgetown, Austin, Dartmouth, University of North Carolina, Hutt, “, Boston, Harvard, Bethesda, Md, Iowa, Northeast

☆ Bitcoin miners brace for impact as halving goes live
▼ + stars: | 2024-04-21 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +17 min

The technical event is relatively simple: Bitcoin miners get paid in bitcoin to validate transactions, and after 210,000 blocks of transactions are computed and added to the main chain, the reward given to the miners securing bitcoin is 'halved.' The aggregate market cap of the 14 U.S.-listed bitcoin miners tracked by JPMorgan analysts declined 28% over the first half of April to $14.2 billion, reaching year-to-date lows. Some have billed the 2024 bitcoin halving as a seminal moment for the mining sector. Marathon, along with other mining firms, has begun diversifying its business model into ancillary operations beyond purely bitcoin mining. Sullivan continued, "Bitcoin mining sites can only be repurposed if they meet the attributes that are required for HPC.

Persons: AUSTIN , TEXAS — Adam Sullivan, bitcoin, Sullivan, they'll, it's, Core's Sullivan, Bitdeer, Needham, Haris Basit, Basit, Cantor Fitzgerald, Greg Beard, Beard, Bitdeer's, Jason Les, Les, Fred Thiel, Capex, Thiel, Stronghold's Beard, Nic Carter, Blackrock, Bill Barhydt, Barhydt, Island's Carter isn't, Carter, CoinShares Organizations: bitcoin, CNBC, JPMorgan, Cipher, Bitdeer Technologies, Mining, Miners, Riot, Island Ventures, Circuits, Nvidia, CoreWeave, Bitcoin, HPC Locations: AUSTIN , TEXAS, Texas, bitcoin, U.S, Rockdale , Texas, Singapore, Bitcoin, Hong Kong, Abra, Europe, Dalton , Georgia, North America

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