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☆ Globe Life's stock crashed amid federal probes. Here's everything you need to know.
▼ + stars: | 2024-04-14 | by ( Katie Balevic | Susan Antilla | ) www.businessinsider.com time to read: +5 min

Globe Life Inc., a publicly traded insurance company based in Texas, was once flying high. Its top insurance agents basked in luxury with lavish company retreats and expensive sports cars. Related storyBy August 2023, Warren Buffett's Berkshire Hathaway had dumped over half of its 6.35 million shares of Globe Life. By then, Berkshire Hathaway had sold off all its shares in Globe Life. "It's disappointing that Globe Life neglected to address the evidence of insurance fraud and sexual misconduct that we uncovered."

Persons: —, Arias, Simon Arias III, Wolf, Renee Zinsky, Mike Russin, BI's, Warren Buffett's Berkshire Hathaway, Simon Arias, Abeni Mayfield, Berkshire Hathaway, AIL, Panda, Susan Antilla's, Nate Koppikar, Zinsky, Russin Organizations: Service, Business, of Justice, Life Inc, Arias Organization, Globe, Arias, Commission, AIL, Organization, BI, Department of Justice, Globe Life, Life, DOJ Locations: Texas, Pennsylvania

☆ LeBron James surpasses 40,000 career points as NBA legend burnishes legacy
▼ + stars: | 2024-03-03 | by ( Dennis Romero | ) www.cnbc.com time to read: +4 min

Los Angeles Lakers forward LeBron James, #23, during the NBA game between the Los Angeles Clippers and the Los Angeles Lakers at Crypto.com Arena in Los Angeles on Jan. 7, 2024. LeBron James surpassed 40,000 career points during Saturday night's home game between his Los Angeles Lakers and the Denver Nuggets, further solidifying his place in the NBA record books. A layup in the second quarter had James reach 40,000 points, and another layup ensured he surpassed the mark. "No one has ever done it," he said of scoring 40,000 career points at the postgame news conference on Thursday. On Christmas night, a 3-pointer against the Phoenix Suns pushed him past 10,000 career NBA points.

Persons: LeBron James, James, LakersNation.com, He's, Vince Carter, Bryce, Laker Kareem Abdul, Abdul, isn't, Kevin Durant, Luka Dončić, Oklahoma City Thunder's Shai Gilgeous, Alexander, Milwaukee Bucks Giannis Antetokounmpo, Donovan Mitchell Jr, Durant, I'm Organizations: Los Angeles Lakers, NBA, Los Angeles Clippers, Crypto.com Arena, Denver Nuggets, Lakers, Nuggets, basked, state's Cleveland Cavaliers, Miami Heat, Toronto Raptors, University of Southern, Sierra Canyon School, Oklahoma Thunder, Thursday's Lakers, Washington Wizards, Phoenix Suns, Dallas Mavericks, Oklahoma City, Milwaukee Bucks, Cleveland Cavaliers, Wizards Locations: Los Angeles, University of Southern California, Slovenian

☆ The United States Has Been a Bulwark for Ukraine. What Happens if Support Collapses?
▼ + stars: | 2024-02-07 | by ( David E. Sanger | ) www.nytimes.com time to read: +1 min

A year ago, when Washington and much of Europe were still awash in optimism that Ukraine was on the verge of repelling Russia from its territory, it seemed inconceivable that the United States would turn its back on the victim of Vladimir V. Putin’s aggression. Now, even as Senate Democrats try to salvage an aid package for Ukraine, that possibility remains real. And the political moment feels a long way from 14 months ago when President Volodymyr Zelensky of Ukraine stood before a joint session of Congress, wearing his signature drab green sweater, and basked in a minute-long standing ovation. The turnaround has surprised the White House. Even if the Senate manages to advance military aid, there are still plenty of reasons to doubt that the money will come through, including deep opposition among Republicans in the House and former President Donald J. Trump’s push for a more isolationist stance.

Persons: Vladimir V, Volodymyr Zelensky, Donald J Organizations: Republicans Locations: Washington, Europe, Ukraine, Russia, United States

☆ My family has traveled to 20 states and 20 countries. My young kids have been everywhere from Colombia, to Turks and Caicos, to Florida.
▼ + stars: | 2024-01-09 | by ( Taryn White | ) www.businessinsider.com time to read: +6 min

My parents introduced me to traveling with road trips, and I've done the same with my kids. AdvertisementAs a child, I eagerly awaited the annual road trips across the US with my parents and two siblings. On our trips, we've learned everything from the art of lei-making in Maui to the Black history of Cartagena. In 2018, Taryn White and her family went to Medellin, Colombia, and stopped to enjoy some colorful street art. Taryn White and her family have been all over the world together, from Aspen to Turks and Caicos.

Persons: I've, —, we've, they're, Taryn White, it's, We've, Hvar's Organizations: Service, Virginia, Virginia Aquarium Locations: Myrtle Beach, Saint Kitts, Nevis, Maui, Cartagena, Portugal, Bahamas, Medellin, Colombia, Aspen, Bend, Shenandoah, Virginia Beach, Bradenton , Florida, Caicos, Grace Bay, Douro, Algarve, Turks, Czech Republic, Hungary, Croatia, Prague, Budapest, Hvar

☆ Crap, I changed my name and now I share it with an Australian murderer
▼ + stars: | 2023-11-24 | by ( Madison Hall | ) www.businessinsider.com time to read: +4 min

That said, I probably should've made sure I didn't share it with a convicted Australian murderer. NEW LOOK 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 complicate matters even more, Hall is also transgender — her transition while serving her prison sentence was well-documented by Australian newspapers. But searching her name and "trans" still occasionally also pulls up media appearances that I've done about my own transition.

Persons: —, weren't, Maddison, I'm, Would've Organizations: Service, Business, Google, Madison Locations: Texas, Australia

While freezing temperatures are not uncommon for the time of year, the sudden change is unusual. A few days ago, uncharacteristically warm weather saw parts of northern China post record high temperatures exceeding 30C. Winter this year, however, could be warmer due to a moderate El Nino, Jia Xiaolong, deputy director of China's National Climate Centre, told a press conference on Friday. El Nino is a natural climate pattern associated with warming of the ocean surface temperatures in the central and eastern Pacific. But statistics showed that winter temperatures could fluctuate greatly during El Nino, Jia warned.

Persons: REUTER, Tingshu Wang, Doksuri, El, Jia Xiaolong, El Nino, Jia, Ethan Wang, Ryan Woo, Simon Cameron, Moore, Robert Birsel Organizations: Business, Rights, El, China Meteorological Administration, CMA, Authorities, El Nino, Climate Centre, 0.5C, Thomson Locations: China, Rights BEIJING, El Nino, Mongolia, Xinjiang, Beijing, Tianjin, Hebei, Mohe, Pacific, El

People wearing face masks wait at an intersection in Beijing's Central Business District (CBD), as the city is shrouded in smog, in China November 1, 2023. The weather in many parts of China had stayed stubbornly warm entering November, with cities in eastern and central provinces such as Shandong, Anhui, Jiangsu and Henan still logging temperatures above 30C. In tandem with the warm weather, smog has also shrouded Beijing and its surrounding areas for days. In coming days, temperatures across northern China are expected to drop sharply. Other cities such as Beijing, Zhengzhou, Jinan, Xian and Shijiazhuang will see a sudden decline of 10C to 15C.

Persons: REUTER, Tingshu Wang, Ethan Wang, Ryan Woo, Simon Cameron, Moore Organizations: Business, Rights, Beijing Daily, Xinhua, National Meteorological Center, Shanghai, Thomson Locations: China, Rights BEIJING, Beijing, Shandong, Anhui, Jiangsu, Henan, Hebei province, Shenyang, Changchun, Harbin, Zhengzhou, Jinan, Xian, Shijiazhuang

☆ China Set for Abrupt Switch From Warm to Freezing Weather in Year of Extremes
▼ + stars: | 2023-11-02 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +2 min

BEIJING (Reuters) - Temperatures in northern China are set to plunge as much as 20 degrees Celsius (68 Fahrenheit) after summer-like conditions in the final days of autumn, state forecasters said on Friday, extending a year-long trend of unusual swings in the weather. Parts of northern China posted record high temperatures of more than 30C earlier this week, while also suffering widespread smog. Extreme weather has become more pronounced in China this year, destroying urban infrastructure as well as farmland, leading to hefty economic losses. In the summer, typhoons dumped historic rainfall in parts of inland China less used to tropical storms. Earlier in spring, northern China basked in unseasonal heat with temperatures reaching summer-levels.

Persons: Doksuri, Ethan Wang, Ryan Woo, Simon Cameron, Moore Organizations: National Meteorological Administration, CMA Locations: BEIJING, China, Mongolia, Xinjiang, Beijing, Tianjin, Hebei province, Mohe

☆ Storylines Residential Cruise Faces Backlash From Investors, Ex-Employees
▼ + stars: | 2023-11-01 | by ( Kate Taylor | Brittany Chang | ) www.businessinsider.com time to read: +31 min

Storylines' first cruise ship was initially scheduled to launch in 2019; it's now set for December 2026. Nine former employees, consultants, and investors told Insider that they'd come to doubt the MV Narrative would ever be built. The only existing residential cruise ship is The World. Many Storylines buyers remain optimistic about the residential cruise ship. "The ball is in your court," Punton told buyers in July in a video that's since been taken down.

Persons: Alister Punton, Punton, Shannon Lee, Mike Kasperzak, Jim Holt, Holt, Angela Nuran, Paul Cosentino, Cosentino, We're, Lee, it's, Alexandre Caillol, Condé, superyachts, Sean Fremder, Weeks, Caillol —, —, Marco Polo —, PitchBook, Alexandra Zodian —, Caillol, Michael Edwards, Edwards, he'd, Martin Buggy, Melissa Edyvean, Edyvean, Paul Read, Salvatore R, Mercogliano, Pat Helmers, Helmers, Michael Perisi, Andrew Lentz, didn't, Lentz, Wrocław . Lentz, Andrew, I'm, Lee ., Dick Rosman —, Lee —, Krzysztof Kontek, Kontek's, Michal Jackiewicz, Brodosplit, Brian Martin, Read, Nuran, We've, he's, New Zealand —, Kasperzak, " Lentz Organizations: Punton, Army, West —, Industry, CNN, Brodosplit, Regent Seven Seas, Wall Street Journal, Korea's Samsung Heavy Industries, Utopia, Beverly Hills, Rock City, The Raiders, Raiders, Holland America's, Mariners, New Zealand Locations: massages, Croatian, Beverly, Punton, Queensland, Australia, Broadbeach, California, Rock, Brisbane, Netherlands, Caillol, Polynesia, French Polynesia, France, London, Australian, British, Delaware, Sweden, Tahiti, Perth, Ecuador, Poland, Wrocław, Mexico, Florida, New

But on that winter night in 1985 even Knight's mother, Hazel, sensed something was different as she watched the scene. In the years following the chair-throwing game, former players told stories of Knight's practices, with some alleging physical, verbal or emotional abuse. The chair stopped near the sideline and Reid helped retrieve it, linking him with Knight for college basketball eternity. Longtime public address announcer Chuck Crabb had the unenviable task of telling fans Knight had been ejected. "I get up, and I'm up and down a lot, and one time I'm standing up and I looked across the floor and (hear) 'Coach Knight?'"

Persons: Bob Knight, Knight, nonchalantly, Steve Reid, Pat, Hazel, Bobby, John Feinstein, Reid, speck, ‘, Bob, Chuck Crabb, Crabb, Pat Keady, Everett Stephens, Wayne Duke, Dan Dakich, Lou Henson, David Feherty, David Letterman’s Organizations: Indiana, Purdue, Boilermakers, Texas Tech, NCAA, Associated Press, Big, ESPN, Channel Locations: BLOOMINGTON, Ind, Soviet Union

And when Robert Van Winkle, better known as Vanilla Ice, sang his 1990 hit “Ice Ice Baby,” flanked by 10-foot sparklers, he pulled the Sugar Ray frontman Mark McGrath onstage. This was Cameopalooza 2021, a company retreat celebrating the meteoric rise of Cameo, an app and website where regular people could buy personalized videos from minor celebrities for as little as $1. Three hundred Cameo employees danced, took videos and basked in their good fortune to be a part of the Cameo “Fameo” — the company’s nickname for its employees and community of celebrities. A former collegiate party promoter, he shared the lifestyle of Cameo’s celebrity talent, jet setting between parties, sporting events and luxury homes in Miami, Los Angeles, and Chicago. Cameo had just raised $100 million on the audacious ambition to pioneer the “connection economy,” landing a $1 billion “unicorn” valuation just a few years into its existence.

Persons: Kenny G, Paula Abdul, Hamilton, Lance Bass, Robert Van Winkle, Ray, Mark McGrath, Jack Harlow, Steven Galanis, Cameo Organizations: Chicago, Hilton Locations: American, partied, Miami , Los Angeles, Chicago

[1/8] Asian Games - Hangzhou 2022 - Closing Ceremony - Hangzhou Olympic Sports Centre Stadium, Hangzhou, China - October 8, 2023 A view of the handover ceremony at the closing ceremony REUTERS/Marko Djurica Acquire Licensing RightsHANGZHOU, China, Oct 8 (Reuters) - China's eastern city of Hangzhou rounded off the 19th Asian Games on Sunday with a colourful and "joy"-themed closing ceremony after hosting the continental sporting extravaganza which organisers hailed as "one of the finest" ever. Taking place amid tight security the less-than two hour ceremony also included a handover to the hosts of the next Asian Games in 2026, the Japanese city Nagoya. The hosts' 201st gold left them two better than their previous best of 199 at the 2010 Guangzhou Asian Games. Organisers said 12,407 athletes from 45 nations competed in 40 sports at the Hangzhou Games, which were delayed for a year due to COVID-19. "We have hosted the most successful Asian Games in history" said Chen Weiqiang, Executive Secretary General of the Hangzhou Asian Games Organising Committee and vice-mayor of Hangzhou.

Persons: Marko Djurica, Li Qiang, jigged, Takashi Kawamura, Randhir Singh, Gu Shiau, Kazakhstan's Moldir, Chen Weiqiang, WADA, Martin Quin Pollard, Ian Ransom, Christian Schmollinger, Toby Chopra, Christian Radnedge Organizations: Hangzhou Olympic Sports Centre, Rights, Games, Nagoya, Mainichi, Olympic Council of Asia, energised, Bangkok Games, Hangzhou Games, Hangzhou Asian Games, Doping Agency, Olympic, Paralympic Games, Olympic Council of, OCA Locations: Hangzhou, China, Rights HANGZHOU, Nagoya, Nanjing, Aichi, Guangzhou, Jakarta, Japan, Macau, North, Korea, Olympic Council of Asia

The heat outside mirrored the fervor inside, as Vuitton proved, once again, that in the world of fashion, it's an unstoppable force. ACTIVISTS TARGET LOUIS VUITTON DURING PARIS FASHION WEEKJust before Louis Vuitton’s anticipated show, environmental activists from “Dernière Rénovation” sprayed the brand’s Champs-Elysées storefront with orange paint. According to social media, to challenge the luxury brands of Paris Fashion Week and the wealthy attending the specific event. Another proudly showcased the real seaweed – yes, seaweed – that went into crafting a striking 70s macrame dress. Stella’s Sustainable Market showcased her dedication to innovative materials, complemented by English sculptor Andrew Logan’s artistry.

Persons: Louis Vuitton’s, Zendaya, Cate Blanchett, Jennifer Connelly, Paul Bettany, Jaden Smith, Vuitton, Stella McCartney, Nicolas Ghesquière, Ghesquière’s, Armani, LOUIS VUITTON, “, ”, influencer Jeremstar, Robert Downey Jr, “ Emily, Ashley Park, Anna Wintour, Breteuil, Stella, Linda McCartney, ’, basked, McCartney, Andrew Logan’s, STELLA MCCARTNEY, ” McCartney Organizations: PARIS, harlequins, Paris Fashion Locations: City of Light, Paris, yore, PARIS, Camden

☆ Djokovic not ready to pass the torch after 24th major win
▼ + stars: | 2023-09-11 | by ( Amy Tennery | ) www.reuters.com time to read: +4 min

His 6-3 7-6(5) 6-3 victory over Russian Daniil Medvedev brought him not only a fourth Flushing Meadows title but a record-equalling 24th Grand Slam crown, and Djokovic wants more. "Occasionally asking myself, why do I need this still at this stage after all I have done, you know? I do have these questions in my head, of course," said Djokovic. AGONY AND ECSTASYSunday's win will also go a long way to banishing some of Djokovic's less fond memories of New York. As he basked in the glory of his win, Djokovic had no words of comfort for those hoping to replace him.

Persons: Serbia's Novak Djokovic, Russia's Daniil Medvedev, Mike Segar, Novak Djokovic, Roger Federer, Rafa Nadal, Russian Daniil Medvedev, Djokovic, Taylor Fritz, Ben Shelton, Medvedev, Spain's Nadal, Casper Ruud, Roland Garros, Carlos Alcaraz, Amy Tennery, Peter Rutherford Organizations: Tennis, U.S, Russia's, Russia's Daniil Medvedev REUTERS, Russian, Wimbledon, Cincinnati, Thomson Locations: Flushing Meadows , New York, United States, New York, Flushing, Russian, Australia, U.S

☆ Loosen Your Tie for This Field Trip to Madison Square Garden
▼ + stars: | 2023-09-05 | by ( Frank Rojas | ) www.nytimes.com time to read: +1 min

In striped ties, white button-ups, denim skirts and red blazers, the crowds outside Madison Square Garden last week looked more ready for a field trip than a pop concert. But on Thursday (a school night!) and Friday, fans basked in nostalgia and welcomed the return of RBD, a 2000s pop act born out of a telenovela. RBD — a real-life group with real-life hits that just so happens to have evolved out of a fictional pop group — played two sold-out shows at the Garden to thousands of fans outfitted in early-2000s styles and renditions of prep school uniforms. He wore a cherry red blazer bearing an Elite Way School patch, a white button-up, a red-and-white striped tie and a pair of Converse.

Persons: —, ”, ” Diego Moreno Organizations: Elite Locations: Madison, Mexican, Argentine, Venezuela, Chicago, Converse

☆ Lea Michele Ends ‘Dream’ Run in ‘Funny Girl’ After Reinvigorating Show
▼ + stars: | 2023-09-03 | by ( Julia Jacobs | ) www.nytimes.com time to read: +1 min

“That was my dream come true,” Lea Michele gushed from the stage on Sunday after her final performance in “Funny Girl,” the Broadway revival that the actress breathed new life into when its future looked grim one year ago. Michele’s sudden addition to the production, which closed with its star’s exit, stretched its run to nearly 600 performances and allowed it to recoup its capitalization costs — far from a guarantee on Broadway. “I was embraced with open arms the minute I came in.”Just as Michele reversed the show’s fortunes, “Funny Girl” appeared to have reversed hers. Three years ago, Michele’s celebrity had been clouded by a wave of criticism over bullying behavior and a prima donna attitude. Since she stepped in as the show’s lead, Michele has reassumed the role of a celebrated Broadway star, announcing Tony nominees, performing on late-night shows and booking a solo concert this fall at Carnegie Hall.

Persons: ” Lea Michele gushed, basked, ”, ” Michele, Michele, Tony Organizations: Broadway, Carnegie Hall

After 17 years on the national team and nearly as many years speaking out to support various issues including L.G.B.T.Q. rights, equal pay, the Black Lives Matter movement and voter rights, Rapinoe will play in her fourth Women’s World Cup and her final season in the National Women’s Soccer League and will end her career at the top of her sport. Perhaps nothing exemplified her ability to perform under pressure more than when she scored twice in a quarterfinal against France at the 2019 World Cup. The Americans went on to win that world title, their second in a row. Her six goals at that World Cup helped her earn the Golden Boot as the top scorer and the Golden Ball as the top player.

Persons: Rapinoe, Donald J, Trump, Megan, ” Organizations: National Women’s Soccer League, France, Twitter, Trump White, WIN, Ballon, FIFA Locations: United States

☆ Inzaghi always believed that Inter would reach Champions League final
▼ + stars: | 2023-05-16 | by ( ) www.reuters.com time to read: +2 min

May 17 (Reuters) - Inter Milan manager Simone Inzaghi said he never doubted that his team could reach the Champions League final as they completed a resounding 3-0 aggregate victory over rivals AC Milan on Tuesday. Inter are third in Serie A and will face Fiorentina in the Coppa Italia final on May 24. Inzaghi basked in the glory of his team's victory over Milan, a fourth successive win over their city rivals. Inzaghi said that Serie A was now the primary focus for his players, who face newly crowned champions Napoli on Sunday. The Champions League final will be played at the Ataturk Olympic Stadium in Istanbul on June 10.

☆ Biden basks in Ireland’s welcome as he highlights personal and political ties
▼ + stars: | 2023-04-13 | by ( Kevin Liptak | ) edition.cnn.com time to read: +7 min

A day earlier, Biden jokingly questioned why his predecessors left Ireland for a better life as he visited a local market and deli in Dundalk. In his talks with Irish leaders Thursday, Biden is expected to discuss a number of global issues, including the war in Ukraine. Later, Biden will address the Irish Parliament in a speech expected to touch on the close ties between the US and Ireland, both political and personal. Three years later, Ireland voted decisively to end what, at the time, was one of the most restrictive abortion bans in the world. The Irish identity Biden is exploring this week with visits to two ancestral hometowns is intrinsically linked to his own Catholicism.

Summary Saudi Arabia, Syria cut ties more than a decade agoAgreement on reopening embassies follows Saudi-Iran dealBEIRUT/RIYADH, March 23 (Reuters) - Syria and Saudi Arabia have agreed to reopen their embassies after cutting diplomatic ties more than a decade ago, three sources with knowledge of the matter said, a step that would mark a leap forward in Damascus's return to the Arab fold. Contacts between Riyadh and Damascus had gathered momentum following a landmark agreement to re-establish ties between Saudi Arabia and Iran, a key ally of President Bashar al-Assad, a regional source aligned with Damascus said. The decision was the result of talks in Saudi Arabia with a senior Syrian intelligence official, according to one of the regional sources and a diplomat in the Gulf. The United States and several of its regional allies, including Sunni-led Saudi Arabia and Qatar, had backed some of the Syrian rebels. But Saudi Arabia has been moving far more cautiously.

☆ We spoke with more than 50 CEOs, billionaires, execs, and government officials in Davos. Here are our 4 biggest takeaways.
▼ + stars: | 2023-01-25 | by ( Matt Turner | Cadie Thompson | ) www.businessinsider.com time to read: +10 min

Insider's Matt Turner and Cadie Thompson share their biggest takeaways from the World Economic Forum. More than 1,500 business leaders descended on Davos in the Swiss Alps last week for the World Economic Forum's annual meeting. The week of Davos, Alphabet published an explainer on its approach to AI signed by execs including CEO Sundar Pichai. "With every technology, there is good and then there's bad," Rima Qureshi, Verizon's chief strategy officer, told Insider. Several of those who spoke with Insider highlighted the need for much-greater collaboration among companies — and a willingness to experiment.

"It always rains a lot here, it's very cold and it's January and it feels like summer," said Bilbao resident Eusebio Folgeira, 81. French tourist Joana Host said: "It's like nice weather for biking but we know it's like the planet is burning. Scientists have not yet analysed the specific ways in which climate change affected the recent high temperatures, but January's warm weather spell fits into the longer-term trend of rising temperatures due to human-caused climate change. "The record-breaking heat across Europe over the new year was made more likely to happen by human-caused climate change, just as climate change is now making every heatwave more likely and hotter," said Dr Friederike Otto, climate scientist at Imperial College London. French national weather agency Meteo France attributed the anomalous temperatures to a mass of warm air moving to Europe from subtropical zones.

☆ Opinion | Vaccines, Inflation, Abortion: 2022 in Charts
▼ + stars: | 2022-12-30 | by ( Steven Rattner | ) www.nytimes.com time to read: +16 min

By the end of 2022, 23 percent of American women resided in states with effective bans on abortion. June 2022 March 2022 Dec. 2021 Sept. 2022 Dec. 2022 Fed Funds Rate 6% 5 4 3 2 1 2022 2023 2025 2024 Longer run Unemployment 5% 4 3 2 1 2022 2023 2025 2024 Longer run G.D.P. Growth 4% 3 2 1 2022 2023 2025 2024 Longer run Core Inflation 5% 4 3 2 1 2022 2023 2025 2024 Sept. 2022 June 2022 March 2022 Dec. 2021 Dec. 2022 Fed Funds Rate G.D.P. Growth 4% 6% 5 3 4 3 2 2 1 1 2022 2023 2025 2022 2023 2025 2024 2024 Longer run Longer run Core Inflation Unemployment 5% 5% 4 4 3 3 2 2 1 1 2022 2023 2025 2022 2023 2025 2024 2024 Longer run Source: Federal Open Market CommitteeThe sustained period of high inflation left the Fed playing catch-up, as it had initially believed that the surge would prove transitory. 150 100 Xi Jinping addresses in 2017 & 2022 50 1982-2012 Economy Military Market Technology Reform Security Source: Capital EconomicsThen there was China: Our biggest source of imported goods became ever more clearly our biggest strategic adversary.

☆ Inside 4 of the biggest VC-basked startups that went public and crashed, from Casper Sleep to Blue Apron
▼ + stars: | 2022-11-17 | by ( Bethany Biron | ) www.businessinsider.com time to read: +2 min

Bird became the latest VC-backed startup showing signs of distress, after hinting at a potential bankruptcy this week. The company is among several former success stories struggling against competition and a tough economy. Here are four of the biggest VC-backed startup downfalls of recent years. Meanwhile, VC-backed startup darlings of recent years — many of which held the vaunted $1 billion valuation unicorn status — are suddenly unable to keep their heads above water. Here's a look at four of the biggest VC-supported startups that went public and crashed in recent years.

☆ Trump's most important 2016 donor is sitting out 2020
▼ + stars: | 2020-07-24 | by ( Dave Levinthal | ) www.businessinsider.com time to read: +20 min

Robert and Rebekah Mercer ranked among President Donald Trump's most influential backers in 2016. A representative for Priorities USA Action, a leading pro-Biden super PAC, said the organization wasn't underestimating Trump's reelection forces, Mercers or no Mercers. (Bossie, like former Trump campaign manager Corey Lewandowski and many others, has recently found himself back in Trump's favor.) The Cambridge Analytica data that the Trump campaign paid for was "so stupidly wrong" and a "complete joke," Spicer added. But sources familiar with the Mercers' political spending said they have no evidence that the Mercers are doing so.

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