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☆ Rise of Hate Spending: Americans Detest High Prices but Keep Shopping
▼ + stars: | 2024-04-21 | by ( Emily Stewart | ) www.businessinsider.com time to read: +12 min

According to experts I talked to, the surge in hate spending can be attributed to various factors. They're aware prices aren't going back to 2019 levels, and given everything everyone's just been through, they may as well live it up. She told me that she often finds herself outraged by prices — and then ultimately succumbs to the forces of capitalism. It's easy to say you want to cut back on spending, given high prices, but when a friend asks whether you want to go shopping, it's hard to say no. Hart, the Illinois writer with a brand-new Stanley cup, sees some of her spending as a way to reclaim power.

Persons: Christ, Lydia Boussour, they're, everyone's, Jordan Hart, Hart, Boussour, —, they've, it's, acclimated, It's, Claire Tassin, Tassin, There's, Taylor Swift, jonesing, people's, Ravi Dhar, Dhar, he'd, he's, I've, she'd, she'll, Stanley Organizations: Retail, Consumers, Morning, Center, Yale School of Management Locations: America, Illinois, YOLO splurging, Europe, York

☆ More Teams in March Madness? Say Goodbye to the Cinderella Stories.
▼ + stars: | 2024-03-22 | by ( Billy Witz | ) www.nytimes.com time to read: +1 min

Greg Sankey, the commissioner of the Southeastern Conference, is the ultimate soft power player. Instead, he speaks opaquely, often requiring something like a college sports Kremlinologist to interpret his intentions. constitution and scoffing out of existence the possibility that the SEC would be shut out of the football playoff last season. Recently, he teamed up with the Big Ten commissioner, Tony Petitti, to leverage a deal that will award their conferences about 60 percent of the television revenue for the 12-team College Football Playoff that begins next year, leaving crumbs for everyone else. So, when Sankey told ESPN this month that it was time to rethink the N.C.A.A.

Persons: Greg Sankey, coauthoring, Tony Petitti, Sankey Organizations: Southeastern Conference, SEC, Big, Football, ESPN Locations: Oklahoma, Texas

☆ Opinion | Could Swifties or Trekkies Decide the Election?
▼ + stars: | 2024-02-28 | by ( Jessica Grose | ) www.nytimes.com time to read: +2 min

Tolkien via social media for political action. But despite the good-natured skepticism, Sundberg said she understands and respects what the Working Families Party is trying to do. Social media is where many young voters live — about a third of adults under 30 regularly get news from TikTok, according to Pew Research. And turning out young voters who are otherwise not particularly politically engaged will be key to winning elections up and down the ballot in November. As Marcela Valdes explained this week for The New York Times Magazine, young voters tend to have low turnout rates.

Persons: Emily Sundberg, ”, Tolkien, What’s, Biden, Sundberg, Marcela Valdes Organizations: Working, Party, Pew Research, House, The New York Times Magazine, Center for Information, Research, Civic, Tufts University Locations: TikTok, Gen

☆ My parents think we're spoiling our kids. Maybe we do, but here's why we're doing it.
▼ + stars: | 2024-02-17 | by ( Amber Adrian | ) www.businessinsider.com time to read: +6 min

My family sometimes thinks we're spoiling our children, but that doesn't change how I parent. I’m a mom of three girls aged seven and under, and I feel confident in the way my husband and I parent. I don’t think I’m spoiling my children — I think I’m setting them up for long-term mental and emotional well-being. AdvertisementI have grace for the way my family has judged my parentingIt's common in our culture to prioritize productivity over well-being. I might not be parenting perfectly, but I’m parenting on purpose.

Persons: I've, I’m, I’ve, There’s, Janet Lansbury, RIE, I’d Organizations: Infant Educators

☆ Russia boasts it is beating sanctions, but its longer-term prospects are bleak
▼ + stars: | 2024-01-29 | by ( Tim Lister | ) edition.cnn.com time to read: +14 min

Far from buckling under their weight, the Russian economy is in fact 1% larger than it was on the eve of the invasion. India and China now account for 90% of Russian oil exports, according to Deputy Prime Minister Alexander Novak. Noemi Cassanelli/CNNThere’s little sign that ordinary Russians have been drastically impacted by Western sanctions. Sanctions will have a long-term impact on the Russian economy, according to the European Commission. Nabiullina said the Russian economy was like a car trying to go too fast.

Persons: Vladimir Putin, Putin, Sergei Chemezov, ” Chemezov, Scott Peterson, Alexander Novak, Christine Abely, “, ”, SWIFT, Alexei Mordashov, Noemi Cassanelli, Geoffrey Pyatt, Rachel Lyngaas, —, Alexander Nemenov, Elvira Nabiullina, Nabiullina, Natalia Kolesnikova, ” Abely Organizations: CNN, Atlantic Council, Russia, West ., Shipping, Windward, Reuters, US Treasury Department, United Arab Emirates, Crime Agency, US Treasury, “, Bank of, European, US, Financial Times, Russian Central Bank, Getty, Producers, International Energy Agency Locations: United States, Ukraine, Russian, Russia, Western, Sviatohirsk, Donetsk region, Asia, West, West . India, China, India, Volgograd, Turkey, UAE, Bank of Finland, Hong Kong, Europe, Egypt, Thailand, Moscow, Kazakhstan, Soviet Russia, AFP, Beijing

☆ Moneyball-Plus: What Happens When Investors Treat Athletes Like Startups
▼ + stars: | 2024-01-28 | by ( Joseph Bien-Kahn | ) www.businessinsider.com time to read: +27 min

What if athletes could sell a percentage of their future earnings to investors, the same way tech entrepreneurs offer a stake in their promising new ideas in return for venture capital? "We look at the game very, very differently than everyone else," Schwimer tells the pitcher. Finlete is launching a fund that allows fans to buy shares in a prospect's future earnings. What if you could sell a share of your future earnings, he asked, for $10,000? Today, he says, more than 80% of the players BLA has invested in are outside the league's top 300 prospects.

Persons: They're, Michael Schwimer, —, Schwimer, BLA, haven't, Fernando Tatis Jr, We've, it's, Daniil, David Liberman, Garrett Broshuis, he'd, He'd, Houdini, Christian Petersen, Erik Kratz, Kratz, Cole Hamels, Hamels, Sean M, Marvin Bush, George W, Bush, Paul DePodesta, bankroll BLA's, Bill Miller, Miller, HBO's, Michael, Jeff Bezos, Bezos, I'd, I'm, Steven Duncker, Goldman Sachs, Elly De La Cruz, Dylan Buell, phenom, Scott Boras, Yermín Mercedes, Francisco Mejía, countersue Mejia, Gervon Dexter, they're, Dexter, Wharton, He's, he'll, isn't, scoffing, he's Organizations: Philadelphia Phillies, Big League, San Diego Padres, Benchmark Capital, Sports, Wharton Sports Business, MLB, University of Virginia, Partners, Phillies, Getty, AAA, Arizona Fall League, Ritz Carlton, Cleveland Browns, Dodgers, Cleveland Indians, Big League Advance, Chicago Bears, University of Florida, Huntsman, NCAA Locations: Maryland, Philadelphia, United States, baseball's, Latin America, America, Dominican Republic, Cleveland, Florida

☆ Breaking down the complicated and erratic relationship between stocks and bonds
▼ + stars: | 2023-10-21 | by ( Michael Santoli | ) www.cnbc.com time to read: +9 min

At Friday's close of 4224 on Friday, the S & P 500 is off 8% from the July high, with its equal-weighted version down 11%. .SPX YTD mountain S & P 500 YTD Yet the S & P was also at about the current level on Sept. 22, when the 10-year was a half-percentage-point lower, as well as on June 2, when it was at 3.7%. It's taken as a given in most corners of the investment business that higher rates available on bonds serve mechanically to compress equity valuations. Which is how the stock market finds itself here, with real or incipient breakdowns in regional banks and transportation stocks, the median S & P 500 component down for the year. The S & P 500 has gone on to drop a bit further, rally weakly and then roll back toward a five-month low.

Persons: James Carville, Bill Clinton, Stocks, it's, It's, Savita Subramanian, Jay Powell, LEI, Bond Organizations: Treasury, Bank of America, Group, Bloomberg News Locations: Friday's, corporates, Israel

☆ This A.I. leader has nearly tripled this year. Wall Street can't stop raving about it and neither can we
▼ + stars: | 2023-06-20 | by ( Zev Fima | ) www.cnbc.com time to read: +5 min

The stock has basically tripled year to date in the artificial intelligence-driven enthusiasm that has recently been gripping Wall Street. The analysts also increased their price target to $500 per share from $472 following discussions with CFO Colette Kress at a recent conference. Bernstein appears to echo this near-term bullish view on Nvidia, reiterating its outperform (buy) rating and $475-per-share price target. Evercore derived its price target by assuming 25x that $30 figure and discounting back to calendar year 2024, using a 10% discount rate . As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Jefferies, Colette Kress, Bernstein, —, Jim Cramer's, Jim Cramer, Jim, Justin Sullivan Organizations: Nvidia, supercomputing, Enterprise, Moore's, CNBC, NVIDIA Locations: Santa Clara , California

☆ After OpenAI hearing, A.I. experts urge Congress to listen to more diverse voices on regulation
▼ + stars: | 2023-05-19 | by ( Lauren Feiner | ) www.cnbc.com time to read: +11 min

OpenAI CEO Sam Altman testifies before a Senate Judiciary Privacy, Technology, and the Law Subcommittee hearing titled 'Oversight of A.I. But at Tuesday's hearing on AI oversight including OpenAI CEO Sam Altman, lawmakers seemed notably more welcoming toward the ChatGPT maker. watch nowAt Tuesday's Senate hearing, lawmakers made comparisons to the social media era, noting their surprise that industry executives showed up asking for regulation. Experts cautioned that the kinds of regulation Altman suggested, like an agency to oversee AI, could actually stall regulation and entrench incumbents. Diversity of voicesA key message AI experts have for lawmakers and government officials is to include a wider array of voices, both in personal background and field of experience.

☆ What might get this stock market unstuck
▼ + stars: | 2023-05-13 | by ( Michael Santoli | ) www.cnbc.com time to read: +8 min

Clearly the market is captive of strong, opposing and somewhat unpredictable currents, as the passengers argue over what might get stocks unstuck, and in which direction. Excluding financial stocks, for instance, the S & P 500 would be up 11% for the year. Here is the equal-weighted S & P 500 vs. the Nasdaq 100 since the end of 2021. The stock market has, coincidentally or not, carved a similar path so far this year as it did to begin 2011. The S & P 500 that year raced higher to print a 7% gain into a February high, then chopped sideways.

☆ Indians erupt in celebration after two films win at Oscars
▼ + stars: | 2023-03-13 | by ( ) www.reuters.com time to read: +3 min

Indians had won Oscars previously, but no Indian film had won an Academy Award before Sunday night in Los Angles. "The popularity of 'Naatu Naatu' is global. They have brought India to the world stage," singer Prudhvi Chandra, one of the singers of "Naatu Naatu," told the India Today news channel. In the film, made in the South Indian language of Telugu, and directed by S.S. Rajamouli, "Naatu Naatu" begins when the two leads, played by Ram Charan and N.T. When a young British man aims racist insults at the leads, they decide to educate him using the song "Naatu Naatu."

☆ Harvard-trained psychologist: If you use any of these 8 toxic phrases, 'your relationship may be in trouble'
▼ + stars: | 2023-02-13 | by ( Dr. Cortney Warren | ) www.cnbc.com time to read: +4 min

What to say instead: "I'm really upset, but I'm not ready to talk about it yet." What to say instead: "I think this situation is triggering issues from your past. What to say instead: "I think your response to this situation is making it worse." Language that threatens the end of your relationship — like "I'm leaving," "I'm done," or "I want to break up" — creates instability and insecurity. What to say instead: "I'm really upset right now and need to take a moment," or "We need to have a serious conversation about our relationship."

LOS ANGELES, Jan 25 (Reuters) - "Naatu Naatu", the standout song in the Indian period film "RRR," has won a Golden Globe and a Critics Choice Award, garnered hundreds of millions of views on YouTube and spawned a TikTok challenge. Keeravani, songwriter of ''Naatu Naatu'' from the movie ''RRR'', which is nominated for best original song at the Oscars, poses for a portrait at the Reuters office in Culver City, California, U.S. January 13, 2023. "Naatu Naatu" and Keeravani are competing with some big household names in the best song category, including Lady Gaga's "Hold My Hand" from "Top Gun: Maverick" and Rihanna's "Lift Me Up" from "Black Panther: Wakanda Forever". In the action-Bollywood epic directed by S.S. Rajamouli, "Naatu Naatu" begins when the two leads, played by Ram Charan and N.T. Rahman won the Oscar for the Hindi song “Jai-Ho,” but that was for the U.S.-British production of “Slumdog Millionaire,” which was set in India.

☆ 18 movies with valuable entrepreneurial lessons: From 'Startup.com' to 'Becoming Warren Buffett'
▼ + stars: | 2023-01-17 | by ( Vikas Jha | ) www.businessinsider.com time to read: +21 min

Takeaway: This movie shows the effect money, greed and power can have on relationships. "The Social Network" (2010)"The Social Network" shows us that business success requires more than just a great idea. "Becoming Warren Buffett" (2017)In this documentary, Warren Buffett reveals his day-to-day, and his two most important investing rules. Takeaway: This movie shows how two young men were pitted against each other, striving to grow in a cut-throat business. I've found myself feeling motivated after watching a great film with lessons I can transpose to my entrepreneurial journey.

☆ I turned myself into a masterpiece using Lensa, the chart-topping app that can make anyone a digital work of art — here's how it works
▼ + stars: | 2022-12-05 | by ( Bethany Biron | ) www.businessinsider.com time to read: +5 min

After seeing all my friends transformed into works of art, I finally decided to download the Lensa app. Lensa uses AI technology to turn 10-20 images into artwork across categories like anime, fairy princess, and pop. The service costs $3.99 for 50 images, and is a fun and interesting way to see AI technology at work. So I downloaded Lensa, the wildly popular app behind the digital self-portraits, made with AI technology that renders selfies into artwork. My 50 avatars were delivered in 10 categories of 5 images including Iridescent, Light, Stylish, Anime, Cosmic, Fantasy, Kawaii, Pop, Focus, and Fairy Princess.

☆ Biden eggs on a possible Trump-DeSantis 2024 clash: 'It'll be fun watching them take on each other'
▼ + stars: | 2022-11-09 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +2 min

Biden seemed delighted by the prospect of Donald Trump and Ron DeSantis clashing. "It'll be fun watching them take on each other," Biden said during a Wednesday press conference. Ron DeSantis. "It'll be fun watching them take on each other," Biden joked during a press conference of the incipient clash between Florida's two most powerful figures when asked who he would rather face. As for himself, Biden told reporters that he is hoping he and first lady Jill Biden will get away from Washington during the holidays.

☆ Jared Kushner criticized Ron DeSantis flying migrants to Martha's Vineyard: 'You have to remember these are human beings'
▼ + stars: | 2022-09-23 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +3 min

Jared Kushner took aim at Ron DeSantis while discussing the flight of migrants to Martha's Vineyard. Using migrants "as political pawns" is "very troubling," he told Fox News on Tuesday. "Many of them are exploited, put in human trafficking and modern slavery in a lot of ways," Kushner said of the migrants. On September 15, Ron DeSantis flew 48 migrants from Texas to ritzy Martha's Vineyard in Massachusetts, in a stunt aimed at bringing border and migration issues to a liberal enclave. "It's only when 50 get put into Martha's Vineyard," that outrage follows, DeSantis said in the clip, which host Emily Compagno agreed with.

☆ In Wyoming, Trump supporters echo his disdain for Liz Cheney as she faces a tough primary: 'Go get a job flipping burgers somewhere'
▼ + stars: | 2022-05-29 | by ( Oma Seddiq | ) www.businessinsider.com time to read: +6 min

Trump has endorsed Harriet Hageman, a primary challenger of Cheney. Trump went to rally on Saturday for Hageman in Casper, Wyoming where his supporters derided Cheney. His Saturday appearance in Wyoming served to implore voters to choose Hageman over Cheney in the upcoming Republican primary on August 16. At the rally, Trump's supporters, some of whom have previously voted for Cheney, poured scorn on her and echoed his disdain for the incumbent member of Congress. 'She's changed'Voters at Wyoming rally.

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