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☆ Do this 1 thing to curb your kid's anxiety today, says lead researcher behind 'The Anxious Generation'
▼ + stars: | 2024-05-11 | by ( Aditi Shrikant | ) www.cnbc.com time to read: +1 min

Zach Rausch, lead researcher to Haidt and an associate research scientist at NYU-Stern School of Business, says kids who had access to social media and iPhones in elementary and middle school report higher levels of anxiety and depression. "The biggest effects of social media happened during puberty, especially early puberty," he says. To curb bullying, social comparison, and depression in adolescents, Haidt and Rausch crafted four suggestions:No smartphones for kids before high school — give them only flip phones in middle school. No social media before age 16. If you want to make a change today that will positively impact your child's health, Rausch says start by talking to your kids' friends' parents.

Persons: Johnathan Haidt pinpoints, University's, Zach Rausch, Rausch Organizations: University's Stern School of Business, NYU, Stern School of Business Locations: New

☆ Corporate America Is Going Un-Woke: Reversing DEI, Sustainability Plan
▼ + stars: | 2024-05-09 | by ( Emily Stewart | ) www.businessinsider.com time to read: +10 min

Plenty of companies are reining in their rhetoric and in some cases action on issues such as sustainability and diversity. Over the past decade, many corporations have at least professed to take a more active role in social issues, under pressure from their customers and, more importantly, employees. After last year's Bud Light debacle, which was a real blow to its business, executives fear they'll be the next target of some anti-woke outcry. For the fourth quarter of 2020, 131 companies mentioned ESG, and 34 mentioned DEI or diversity and inclusion. This may be a great un-wokening, but maybe corporate America was actually never that committed to the idea in the first place.

Persons: Paul Polman, It's, Naomi Wheeless, Eventbrite, Donald Trump, Larry Fink, George Floyd's, ESG, Andrew Jones, there's, Bud Light, influencer Dylan Mulvaney, haven't, Philip Mirvis, Bud, they'll, they'd, Jones, it's, Fink, FactSet, — we're, wasn't, Alison Taylor, University's, we've, Roe, Wade, Taylor, isn't, Dylan Mulvaney, Bud Light's, Kenneth Pucker, Emily Stewart Organizations: Unilever, Unilever wasn't, Unilever isn't, Companies, Business, Sporting Goods, Conference Board's ESG, Morningstar, Babson, AIG, Amazon, ExxonMobil, University's Stern School of Business, Anheuser, Busch, Fletcher School, Tufts University Locations: Plenty, America, ESG, New, Charlottesville

☆ Bitcoin's Wild Price Booms and Busts Are Going to Continue Forever
▼ + stars: | 2024-03-06 | by ( Emily Stewart | ) www.businessinsider.com time to read: +8 min

The main explanation for the recent gain in bitcoin's price is the Securities and Exchange Commission's begrudged blessing of spot bitcoin exchange-traded funds, investment vehicles that track bitcoin's price. As bitcoin ETF providers have to invest in the underlying assets — bitcoins — demand for those assets increases. "The speed of the come-up is much faster than I thought," he said, adding that he was specifically surprised at retail-trader activity in the bitcoin ETFs. (Also, not everyone agrees it will be good for bitcoin's price.) Or maybe, just maybe, the latest run will cement bitcoin's future as a more stable part of people's investment portfolios.

Persons: Bitcoin's, bitcoin, David Yermack, University's, who've, BlackRock's, Eric Balchunas, James Butterfill, it's, Butterfill, shiba inu, Nic Carter, Carter, Bitcoin, Yermack, Emily Stewart Organizations: bitcoin, University's Stern School of Business, Securities, Exchange, SEC, Wall, Fidelity, University's Stern School of, Bloomberg Intelligence, Federal Reserve, New York Community Bancorp, Castle, Ventures, Business Locations: New, bitcoin, BlackRock, David Yermack , New

☆ The 'mob wife' trend takes over after quiet luxury — and it's easier on the wallet
▼ + stars: | 2024-02-02 | by ( Jessica Dickler | ) www.cnbc.com time to read: +2 min

James Gandolfini as Tony Soprano and Edie Falco as Carmela Soprano seek counseling in HBO's hit television series, "The Sopranos" (Year 3). HBO | Hulton Archive | Getty ImagesQuiet luxury is out and the 'mob wife' era is in, according to Kayla Trivieri's viral TikTok video. Think: Carmela Soprano in HBO's "Sopranos," cheetah print and lots of eye liner. How we got to the 'mob wife' eraHow to achieve the 'mob wife' lookAlthough the character Carmela Soprano wasn't necessarily frugal, appropriating her style costs a lot less than the quiet luxury looks that emerged after Gwyneth Paltrow's ski accident trial last March. watch nowToday's 'mob wife' aesthetic is less about cashmere sweaters and camel-hued coats and more about bold accessories such as gold hoop earrings, a leopard print jacket or vintage fur.

Persons: James Gandolfini, Tony Soprano, Edie Falco, Carmela Soprano, Kayla Trivieri's, HBO's, Thomaï Serdari, University's, Carmela Soprano wasn't, Gwyneth Paltrow's, Paltrow, Celine, Prada, Carolyn McClanahan Organizations: HBO, University's Stern School of Business, Planning Partners Locations: New, thrifting, Jacksonville , Florida

☆ I'm a student at NYU Stern. The school can be perceived as cutthroat and competitive, but I've found a supportive community.
▼ + stars: | 2023-11-30 | by ( Vincent Campanaro | ) www.businessinsider.com time to read: +6 min

I hesitated to enroll in NYU Stern because of its reputation for being cutthroat and competitive. AdvertisementChoosing New York University's Stern School of Business as my new home was not a decision I took lightly. I've discovered the reality at Stern contrasts sharply with the stereotypesContrary to popular belief, the stereotypes about Stern students are just that — stereotypes. AdvertisementStern is not a traditional college experience, but it's perfect for meMany people say the Stern experience is like getting your MBA as an undergrad. The school's hyperfocused approach, combined with the lack of a "traditional" college campus differentiates it starkly from a conventional college experience.

Persons: NYU Stern, —, University's, Stern, I've, résumés, they've, It's Organizations: NYU, Service, University's Stern School of Business, U.S . News, Stern Locations: Wall, Manhattan

☆ 'Soul-crushing' and 'depressing': The 9-to-5 is facing a reckoning on social media as users rally against the outdated work schedule
▼ + stars: | 2023-11-02 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +5 min

The discussion around whether the 9-to-5 work schedule is outdated is going viral on social media. People are saying they're exhausted and that they have no time or energy to do anything after work. AdvertisementAdvertisementThe longstanding custom of working 9-to-5 is facing a reckoning on social media, with some users saying they feel like they're wasting their youth on what they perceive as meaningless work. These videos have been making the rounds on social media and have sparked a discussion around whether the 40-hour work week is outdated. As a result, some workers are pushing back on hustle culture and corporate life and seeking alternatives like four-day work weeks and greater work-life balance .

Persons: —, Brielle, I'm, I've, Andra Berghoff, Suzy Welch, University's, Z, Welch Organizations: Service, Twitter, University's Stern School of Business Locations: Minnesota, New

☆ Say goodbye to the girlboss: The 'snail girl era' is here, encouraging young women to live a slower, more relaxed lifestyle
▼ + stars: | 2023-10-05 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +5 min

Gen Z are abandoning the girlboss lifestyle to enter the new "snail girl era" taking off on TikTok. The term "snail girl" was coined by Sienna Ludbey in an article for Fashion Journal in September titled "'Snail girl era': Why I'm slowing down and choosing to be happy rather than busy." "'Hot take for the week, my inner girlboss is dead and my 'snail girl' era has begun,'" Ludbey wrote. Its features editor Maggie Zhou said in the video: "the girlboss is rolling over in her grave, welcome to the snail girl era." Although choosing the snail girl lifestyle may be more gratifying, it could result in financial or other consequences further down the road.

Persons: —, Sienna Ludbey, Ludbey, Michelle P, Netflix's, Sheryl Sandberg's, King, Maggie Zhou, Suzy Welch, University's, Welch, who's Organizations: Service, Fashion Journal, Fashion, University's Stern School of Business Locations: New

Activision shares surged 10% on the day, as the U.S. and Britain have been the two countries opposed to what would be Microsoft's biggest deal ever and the largest transaction in the videogame industry's history. Microsoft shares rose 64 cents to $332.47. Microsoft logo is seen on a smartphone placed on displayed Activision Blizzard's games characters in this illustration taken January 18, 2022. "It does seem like the Microsoft and the CMA could work out a deal within the next couple of weeks," said D.A. The FTC's complaint had cited concerns about loss of competition in console gaming, as well as subscriptions and cloud gaming.

Persons: Jacqueline Scott Corley, ”, Joost Van Dreunen, University's, Corley, Douglas Farrar, we'll, Dado Ruvic, Biden, Brad Smith, Franco Granda, Satya Nadella, Diane Bartz, David Shepardson, Jaspreet Singh, Aditya Soni, Chris Sanders, Caitlin Webber, Matthew Lewis David Gregorio, Muralikumar Organizations: Activision, Microsoft, Biden, U.S, Markets Authority, University's Stern School of Business, U.S . Federal Trade Commission, Nintendo, Sony Group, FTC, Sony PlayStation, REUTERS, FOCUS Gaming, CMA, Davidson &, PlayStation, Thomson Locations: WASHINGTON, U.S, British, Britain, San Francisco, New, Washington, Bengaluru

☆ An Iraqi historian was slain after being labeled a spy on Facebook. Exclusive emails show catastrophic delays in removing threatening posts.
▼ + stars: | 2023-06-21 | by ( Tekendra Parmar | ) www.businessinsider.com time to read: +12 min

Hisham al-Hashimi reached out to his friend Aws al-Saadi, a Meta Trusted Partner, to ask him to take down posts endangering his life. "One of the reasons for his killing was Meta," al-Saadi told Insider. "Mainly because they assumed that the slow response times had to do with a high volume of cases." Aws al Saadi, a Meta trusted partner, outside the Erbil Citadel in Iraq. Internews hopes this might help create a trusted-partner channel with improved communication, more transparency, and faster response times.

Persons: Hisham al, Hashimi, Saadi, Saadi Al, Meta, al, Saadi isn't, Meta's, Internews, Paul Barrett, University's, Barrett, Rafiq Copeland, Internews Rafiq Copeland, Copeland, Thaier, Sudani Internews, Copland, Meareg Amare, Reem Makhoul Organizations: ISIS, Facebook, Meta, Center for Business, Human Rights, NYU Stern School of Business Meta, Partners, University's Stern School of Business, Global, Internews, Ukrainian, Ethiopian, Erbil Citadel Locations: Baghdad, Iraq, al, Myanmar, Ethiopia, New, Ukraine, Tigray, Hashimi, Iraqi, Erbil, Netherlands

☆ Gen Z is good business: Alex Cooper's new media company shows the allure of targeting young consumers
▼ + stars: | 2023-06-17 | by ( Alexandra York | ) www.businessinsider.com time to read: +5 min

Gen Z has some $360 billion in global spending power — something brands want to tap into. That's a large chunk of Gen Zers and Zillennials, the subgeneration between millennials and Gen Z. "Signaling to the Gen X crowd, 'Hey, we're a Gen Z media company. You're a company that doesn't know Gen Z and you want to sell to Gen Z. "It's really to attract the corporate partners, the advertisers, and to say 'We're the gateway to the Gen Z audience.'"

Persons: Alex Cooper, Cooper, Matt Kaplan, Z, —, fiancé Matt Kaplan, Kaplan, Gen Z — Cooper, Gen, That's, Jared Watson, University's, Zers, Kitty, Watson, hadn't, we're Organizations: Spotify, Service, Entertainment, Pew Research, University's Stern School of Business, Variety, Media, Gen, Companies Locations: New, millennials, Pennsylvania

☆ Ark Invest's flagship fund sold Nvidia before its big rally. Here's why
▼ + stars: | 2023-06-06 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

However, Ark Invest's flagship Ark Innovation ETF (ARKK) exited its position in Nvidia entirely in early January —before the chipmaker enjoyed a powerful rally that propelled it to a $1 trillion market capitalization. We saw this potential for deep learning and enjoyed a lot of that ride," said Frank Downing, a research director at Ark Invest. The growth of the industry and the urgent need for powerful AI hardware has led to an increase in the number of companies entering the market. Ark Invest hasn't been alone in trimming an Nvidia stake. However, despite exiting a portion of their Nvidia positions, both Ark Invest and Damodaran maintain a favorable outlook for the company.

Persons: Ark, —, We've, Frank Downing, Downing, CNBC's, we've, Aswath, University's Organizations: Tech, Nvidia, AI, Innovation, Ark Invest, ARK Autonomous Tech, Robotics, Google, Amazon, AWS, AMD, Intel, University's Stern School of Business, NYU's Stern School of Business, Ark, Damodaran Locations: New

☆ Watch CNBC's full interview with NYU's Aswath Damodaran and Truflation's Stefan Rust
▼ + stars: | 2023-06-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with NYU's Aswath Damodaran and Truflation's Stefan RustAswath Damodaran, professor of finance at New York University's Stern School of Business and Stefan Rust, CEO of Truflation, join 'The Exchange' to discuss the Fed's fight against inflation, using blockchain technology to measure inflation in real-time, and leading versus lagging indicators of inflation.

Persons: NYU's Aswath, Stefan Rust Aswath Damodaran, University's, Stefan Rust Organizations: University's Stern School of Business, Truflation Locations: New

☆ Blockchain provides transparent real-time inflation gauge, says Truflation's Stefan Rust
▼ + stars: | 2023-06-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBlockchain provides transparent real-time inflation gauge, says Truflation's Stefan RustAswath Damodaran, professor of finance at New York University's Stern School of Business and Stefan Rust, CEO of Truflation, join 'The Exchange' to discuss the Fed's fight against inflation, using blockchain technology to measure inflation in real-time, and leading versus lagging indicators of inflation.

Persons: Truflation's Stefan Rust Aswath Damodaran, University's, Stefan Rust Organizations: University's Stern School of Business, Truflation Locations: New

☆ Gen Z isn't afraid of unemployment — and they don't trust their employers, Suzy Welch says. Her late husband, Jack Welch, slashed 112,000 jobs at General Electric.
▼ + stars: | 2023-05-22 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

The NYU Stern professor Suzy Welch told CNBC that "funemployment" showed a shift in how Gen Z work. Suzy Welch told CNBC that Gen Z, those born from the mid-1990s to early 2010s, wasn't afraid of unemployment like previous generations. Welch told CNBC that while Gen Z wasn't promoting joblessness by choice, their perspective on the issue had shifted "far away" from previous generations. They think: 'We're going to be together for as long as we're together, then I'm going to be funemployed, and then I'm going to move on to my next engagement.'" However, Gen Z has indicated they're more concerned about work-life balance and less willing to put up with toxic work culture.

Take-Two Interactive Software Inc (TTWO.O) on Wednesday rounded off a strong March quarter for the sector that saw its three major players post net bookings growth of between 11% and 66%. The company said "NBA 2K23", "Grand Theft Auto V" and "Grand Theft Auto Online" were some of the top contributors to its net bookings growth in the reported quarter. The company forecast net bookings of more than $8 billion for next year, which was above analysts' estimates. "It (the GTA VI release) would be a watershed moment for the category of open-world games," said MoffettNathanson analyst Clay Griffin. "Tens and tens of millions of units would be sold immediately, and a new or completely refreshed GTA: Online would redefine what a modern 'metaverse' really looks like."

At the same time, he said the job market is showing an "unprecedented" break from past behavior with a steady drop in job openings without any rise in the unemployment rate. The big unknown is whether that continued job market health is consistent with inflation falling steadily from its current levels above 4% back to the Fed's 2% target. That could allow the job market to cool without as much of a rise in unemployment as might otherwise be the case. Economists and policymakers at this week's conference pointed to other factors adding to the case for a soft landing. But at this point the "uncertainty" about what's at work in the economy could, some officials feel, mask developments that are working in their favor.

May 8 (Reuters) - Goldman Sachs Group Inc (GS.N) agreed to pay $215 million to settle a class action alleging widespread bias against women in pay and promotions, ending one of the highest-profile lawsuits claiming unequal treatment of women on Wall Street. In a well-known 1990s case, Smith Barney settled charges that men harassed women in a space known as the "Boom-Boom Room." "This settlement will help the women I had in mind when I filed the case," Orlich said in a statement. The settlement also calls for Goldman to hire independent experts to analyze its gender pay gaps and performance evaluation processes. In 2020, the bank said it aimed for 40% of vice presidents to be women within five years.

☆ Why Apple TV+ could be hit harder than Netflix, Disney+, and other streamers by a looming Hollywood writers' strike
▼ + stars: | 2023-05-01 | by ( Reed Alexander | ) www.businessinsider.com time to read: +8 min

But ahead of a potential Hollywood writers' strike, the streamer faces two key vulnerabilities. Hollywood is bracing for a possible writers' strike that could begin at midnight PT, following an overwhelming strike authorization by members of the Writers' Guild of America West and East last month. But, by comparison, Prime Video, Netflix, and Discovery+ offer viewers thousands of TV series, according to ReelGood data from the end of 2022. "They're building a long-term brand of Apple TV+, which is something apart from all their devices and their cool software. It would not damage the perception that people have of Apple TV+."

☆ Apple TV+ has 2 big disadvantages compared to Netflix, Disney+, and other streamers as a Hollywood writers' strike looms
▼ + stars: | 2023-04-26 | by ( Reed Alexander | ) www.businessinsider.com time to read: +8 min

But ahead of a potential Hollywood writers' strike, the streamer faces two key vulnerabilities. Hollywood is bracing for a possible writers' strike that could begin on May 1, following an overwhelming strike authorization by members of the Writers' Guild of America West and East earlier this month. But, by comparison, Prime Video, Netflix, and Discovery+ offer viewers thousands of TV series, according to ReelGood data from the end of 2022. "They're building a long-term brand of Apple TV+, which is something apart from all their devices and their cool software. It would not damage the perception that people have of Apple TV+."

☆ Companies can't do layoffs right because they're trying to act like 'cool parents'
▼ + stars: | 2023-04-13 | by ( Rebecca Knight | ) www.businessinsider.com time to read: +5 min

Stripping people from their livelihoods is the most consequential action a company can take — and an inherently painful one, at that. While there might not be a good way to let employees go, there are a lot of bad ways to do it. Some, such as Google, have conducted layoffs by email. But the harshness of recent layoffs suggests that any managerial empathy workers gained during the depths of the pandemic was short-lived. That's why it's understandable that workers are angry about the way layoffs have been handled, Taylor added.

☆ India's Supreme Court sets up panel to investigate Adani allegations
▼ + stars: | 2023-03-03 | by ( Sumathi Bala | ) www.cnbc.com time to read: +4 min

Bloomberg | Bloomberg | Getty ImagesIndia's supreme court has set up an independent panel to investigate if there were regulatory failures related to allegations against the Adani Group , after a bombshell report from a U.S. short seller. The country's highest court directed a six member panel to probe "regulatory failure in dealing with the alleged contravention of laws pertaining to the securities market in relation to the Adani Group," a Thursday court order said. India's Supreme Court action comes slightly over a month after Hindenburg Research released a lengthy report on Jan. 24, accusing Adani Group of stock manipulation and fraud. The panel will be headed by Justice Sapre, a retired judge of the Supreme Court. Both institutions told CNBC recently that their exposure to the Adani Group was manageable.

☆ Watch CNBC's full interview with NYU's 'Dean of Valuation' Aswath Damodaran
▼ + stars: | 2023-02-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with NYU's 'Dean of Valuation' Aswath DamodaranAswath Damodaran of the New York University's Stern School of Business discusses the Adani crisis, and says "this is the Indian market in a nutshell, Adani is not the exception."

☆ Kim Kardashian's Skims campaign with 'The White Lotus' breakout stars shows the power of pop culture in marketing
▼ + stars: | 2023-01-24 | by ( Alexandra York | ) www.businessinsider.com time to read: +4 min

Kim Kardashian's shapewear brand, Skims, launched a campaign with stars of "The White Lotus." Watson added that with this campaign, Skims is leveraging characters who are both relatable and aspirational to evoke that perception of the products. Here's why the latest Skims campaign works and what other business owners can learn for their brand marketing, according to Watson. For fans of 'The White Lotus,' we feel this source of pride, like 'here's our friend getting a platform.'" "You're not going to be able to emulate the reach of Kim Kardashian overnight," he said.

☆ We asked 5 recruiters what they'd fact-check on George Santos' résumé. The answer: everything.
▼ + stars: | 2023-01-14 | by ( Rebecca Knight | Shana Lebowitz | ) www.businessinsider.com time to read: +5 min

Recruiters said that much of Santos' résumé was suspicious, including the careless formatting. They said his supposed successes, like doubling revenue for a Goldman Sachs unit, are unrealistic. But their relative negligence allowed the Republican to run for election and win in 2022.Insider asked five recruiters what they would have fact-checked on Santos' résumé had it come across their desks. Santos' careless formatting would raise eyebrowsHannah Mason, a professional résumé writer and former recruiter, said the careless formatting on Santos' résumé surprised her. For example, Santos wrote that he received his MBA from "NYU New York University" instead of NYU Stern.

☆ Social media created a generation of 'weakened kids' threatening American culture and capitalism, NYU business school professor says in WSJ op-ed
▼ + stars: | 2023-01-02 | by ( Madeline Stone | Gloria Dawson | ) www.businessinsider.com time to read: +3 min

A recent WSJ op-ed argued that Gen Z is a generation of "weakened kids." Haidt said that social media and a culture of victimhood are to blame for Gen Z's state. Haidt pointed to high rates of anxiety and depression among young people and said that a "performative" social media culture was to blame. Gen Z, typically defined as those born between 1997 and 2012, live in "defend mode," Haidt said. The concern about giving feedback to Gen Z workers is occurring just as social media promotes an organizational culture of fear and could have larger knock-on effects, Haidt said.

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