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☆ Here we go again: Egg prices are spiking. Here’s why
▼ + stars: | 2024-09-25 | by ( Matt Egan | ) edition.cnn.com time to read: +6 min

Egg prices spiked by 28.1% in August from 12 months ago, easily the biggest increase out of any food item tracked by the Bureau of Labor Statistics. The main culprit for rising egg prices is a familiar one: bird flu. Where egg prices are rising the mostStill, the current BLS average of $3.20 per dozen eggs remains high. Zooming in to focus on just the past year, Datasembly found that egg prices have increased the most in Hawaii (+49%), Minnesota (+44%) and Alabama (+38%). When egg prices spiked to record highs in early 2023, Cal-Maine’s profit skyrocketed 718%.

Persons: ”, Phil Lempert, they’ve, Price, Brian Moscogiuri, Datasembly, Moscogiuri, graf, ” Moscogiuri, Kevin Bergquist, Musharbash, Emily Metz, ” Metz, Lempert, “ Organizations: New, New York CNN, Bureau of Labor Statistics, Centers for Disease Control, Prevention, US Department of Agriculture, USDA, CNN, Shoppers, Food Institute, Farm, Maine Foods, Cal, Basel Musharbash, Monopoly, American Egg Board, SNAP Locations: New York, Minnesota, Missouri, Iowa, Oklahoma, Alabama, Hawaii, Wells, United States, Cal, Maine, Basel, Texas

☆ How Austin, Texas Cut Home Prices, Built Houses, and Stopped a Crisis
▼ + stars: | 2024-09-25 | by ( James Rodriguez | ) www.businessinsider.com time to read: +13 min

But as other pandemic Zoomtowns continue to see increases in prices and rents, Austin stands alone in its change of fortune. Housing in Austin has been through so many extreme distortions that nobody really knows what "normal" even means anymore. All told, Austin's housing stock has ballooned by more than 76,000 units since 2020, an 8.34% increase that includes single-family homes, condos, and townhomes. Considering the size of the Austin market, moving the stock of homes by nearly 10% is a colossal feat. Related storiesNobody watching the Austin market should be having flashbacks to the Great Recession.

Persons: Austin, homebuyers, homebuilders, Zillow, Elon Musk, Joe Rogan, Homebuyers, Keith Hughes, I'd, That's, Jason Lewris, Lewris, Doreen Sidney, Austin wasn't, Austin's homebuilders, Freddie, Sean Kelly, Rand, Freddie Mac, Jenny Schuetz, homebuilding, Kelly, he's Organizations: Austin, Oracle, Facebook, Google, Elon, Census, Parcl Labs, Federal Reserve, San Antonio —, Austin ., Freddie Mac, Brookings Institution Locations: California, Austin, Real, Texas, Francisco, San Francisco, San Antonio, Boston

☆ Oil prices steady as China stimulus hopes fade, U.S. crude stockpiles fall
▼ + stars: | 2024-09-25 | by ( ) www.cnbc.com time to read: +2 min

General view of the Towers and oil platforms of the State oil Company of Venezuela, Venezuelan oil Company SA. Oil prices steadied on Wednesday after rising in the previous session on fading excitement for the economic stimulus in China, the world's biggest crude importer, though an industry report showing falling U.S. crude and fuel inventories supported the market. Analysts, however, warned that more fiscal help was needed to boost confidence in the world's second-largest economy, which reduced the initial impact on oil prices from the announcement. Still, declining U.S. crude oil and fuel stockpiles provided some support for the market, which has generally risen since prices fell to their lowest since 2021 on Sept. 10. U.S. oil stockpiles dropped by 4.34 million barrels last week while gasoline inventories fell by 3.44 million barrels and distillate stocks fell by 1.12 million barrels, according to market sources citing American Petroleum Institute figures on Tuesday.

Persons: Ibrahim Qubaisi, Israel, Qubaisi Organizations: State, Company, Venezuelan, Company SA, Brent, . West Texas, China, American Petroleum Institute, Hezbollah, Wednesday, Israel, Gulf Locations: Venezuela, China, U.S, East, Iran, Lebanon, Israel, Florida, Texas , Louisiana, Mississippi

Half of registered voters plan to vote early this fall, new figures from the September NBC News poll show, with Democrats continuing to run up the score among early voters and Republicans getting stronger backing from those who plan to vote in person on Election Day. It's a smaller lead among a slightly smaller share of the electorate than Harris has over those early voters. The massive political difference of early and Election Day voters is the latest evidence of a dramatic and enduring shift in the Trump years. And with that jump came a massive partisan difference — future President Joe Biden led among early voters by 26 points in the survey, while Trump led with Election Day voters by 29 points. But while the share of voters planning to vote early has dropped between the end of 2020 and now, the major partisan split remains.

Persons: Kamala Harris, Donald Trump, Trump, Harris, Bill McInturff, Republican pollster, Jeff Horwitt, Barack Obama, Hillary Clinton, Joe Biden Organizations: NBC, Republicans, Republican, Hart Research Associates, Trump, Wall, Election

☆ Ex-NYC Covid czar fired after he admits attending banned 'private gatherings' during height of pandemic
▼ + stars: | 2024-09-24 | by ( Tim Stelloh | Tim Stelloh Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +2 min

The pharmaceutical executive who was once New York City’s Covid czar was fired Monday, days after he admitted participating in “private gatherings” that were prohibited during the height of the pandemic, a federal filing shows. Varma was the company’s executive vice president and chief medical officer, the filing says. Varma acknowledged the prohibited gatherings after a conservative podcaster posted video last week of what appeared to be hidden camera recordings that showed Varma describing them. Varma's spokesman previously said that he was a part-time City Hall consultant at the time and that all participants were vaccinated. “I served in City Hall between April 2020 — May 2021,” Varma said in the statement.

Persons: New York City’s, Jay Varma, Varma, Bill de Blasio’s, Irving, podcaster, “, ”, ” Varma Organizations: SIGA Technologies, Securities and Exchange Commission, Brooklyn Nets, Covid Locations: New York, New York City, City Hall

☆ When I moved to Bali 10 years ago it was poised to be a new Silicon Valley. Now, it's overcrowded and touristy.
▼ + stars: | 2024-09-24 | by ( Charissa Cheong | ) www.businessinsider.com time to read: +7 min

Read previewThis as-told-to essay is based on a transcribed conversation with Christin Baumgarten, 39, about living in Bali with her husband and two kids. I moved to Bali from Berlin in April 2014. I moved to Bali when it was becoming known as an emerging startup hubI initially just planned to stay in Bali for the length of the three-month internship. Related storiesI was lonely at first, but now I have a husband and 2 kids hereInitially, I found Bali a bit lonely. Another is that following the Ukraine war, lots of people from Russia and Ukraine have moved to Bali.

Persons: —, Christin Baumgarten, I'd, I've, we've, I'm Organizations: Service, Business, Tourism Locations: Bali, Berlin, Silicon Valley, Indonesian, Sumatra, Germany, Bali ., Ukraine, Russia, Renon

☆ These funds aim to multiply the market's dividend yield. How they stack up to competitors
▼ + stars: | 2024-09-24 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +5 min

The funds target distributions equal to six times the dividend payouts on the Nasdaq-100 Index and four times the S & P 500 dividend, respectively. The idea behind the Pacer funds is that the funds will capture more of that upside during market rallies, according to Sean O'Hara, president at Pacer ETF Distributors. The QDPL's website currently shows a distribution yield of 5.79%, or more than four-times the roughly 1.3% dividend yield on the S & P 500, according to YCharts.com. The dividend futures could also see bigger gains if more companies in the index decide to start paying dividends. To be sure, the dividend futures contracts could also decrease in value during times of economic stress.

Persons: Sean O'Hara, O'Hara, QDPL, Dow, Apple Organizations: Nasdaq, —, ETF Distributors, Schwab, Equity, Dow Jones, CME Group, Pacer, SEC, Microsoft

☆ Mark Cuban mocks Trump for going even further than Bernie Sanders on capping credit card interest rates
▼ + stars: | 2024-09-24 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +5 min

Read previewBillionaire investor Mark Cuban on Tuesday teed off on Donald Trump's proposal to cap credit card interest rates at 10% and the former president's broader economic agenda. is the 10% price cap on credit card interest rates," Cuban said during a press call hosted by Vice President Kamala Harris' campaign. AdvertisementDuring a rally last week in New York, Trump floated the idea of temporarily capping credit card interest rates at "around 10%." AdvertisementExperts have said credit card companies would likely respond to an interest cap by making it harder for some people to access credit. The interest rates Americans pay on that debt are also higher now than they were before the COVID-19 pandemic.

Persons: —, Mark Cuban, Donald Trump's, Kamala Harris, Harris, I've, it's, Donald Trump, Trump, Sen, Bernie Sanders, Alexandria Ocasio, Cortez, Donald, Steven Cheung, Josh Hawley, Messrs, Sanders, Matt Schulz, Karoline Leavitt Organizations: Service, Business, Cuban, Rep, Trump, Republican, CNN, Financial, New York Federal Reserve Locations: Savannah , Georgia, New York, Alexandria, Cortez of New York, Cuban, Josh Hawley of Missouri

☆ Trump plays the fear card on the economy – and it seems to be working
▼ + stars: | 2024-09-24 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

In another twist of his extreme rhetoric, Trump also seems to be seeking scapegoats should he lose the election in just over 40 days. Last week, at an event on antisemitism, the former president warned that “the Jewish people” would be partly to blame if he loses in November. As president, I have to be your protector.”Former President Donald Trump holds a fighting antisemitism event at Trump National Golf Club Bedminster on August 15, 2024, in Bedminster, New Jersey. On Monday, the former president warned that if Congress tried to block him from imposing new tariffs on China, he’d just ignore lawmakers. Like Trump, Harris argues that US Steel should remain American owned in opposing a sale to Nippon Steel — Japan’s biggest steelmaker.

Persons: Donald Trump, “, ” Trump, Kamala Harris, Harris, ”, Trump, Benjamin Netanyahu, he’s, Biden, Netanyahu, —, Adam Gray, We’re, Viktor Orbán, ” mused Trump, Republican Party —, Xi Jinping, Xi, he’d, John Deere, “ I’m, haven’t, Joe Biden, Win McNamee Organizations: CNN, Democratic, Fox News Town, America, Trump National Golf Club Bedminster, Getty, Farmers, Capitol, Republican, Republican National Convention, Republican Party, Monday, Investments, Trump, The New York Times, Siena College, Steel, Nippon Steel Locations: Pennsylvania, China, Israel, Bedminster , New Jersey, Harris, America, Hungarian, Beijing, Mexico, United States, Illinois, Ramos, Sprankle's, Kittanning , Pennsylvania, Arizona , North Carolina, Georgia

☆ Americans are fretting over the job market
▼ + stars: | 2024-09-24 | by ( Bryan Mena | ) edition.cnn.com time to read: +2 min

Washington CNN —America’s slowing job market is taking a toll on people’s moods. The Conference Board’s latest consumer survey showed that Americans became much more pessimistic about the US economy’s current health and the future of the job market. “September’s decline was the largest since August 2021 and all five components of the Index deteriorated.”The US job market is in decent shape, but it is clearly running at a much slower pace these days than it has in recent years. Peterson said the weaker-than-expected survey results “reflected consumers’ concerns about the labor market and reactions to fewer hours, slower payroll increases, fewer job openings — even if the labor market remains quite healthy, with low unemployment, few layoffs and elevated wages.”The job market’s fate is unclear. Employers might be holding back on hiring for two good reasons: Uncertainty over the upcoming US presidential election and the fate of interest rates, CNN previously reported.

Persons: ”, Dana Peterson, mightily, Peterson, Jerome Powell, Kamala Harris, Donald Trump Organizations: Washington CNN, Conference Board, Employers, Federal Reserve, CNN

☆ Why Nvidia stock is surging, and the lesson to be learned from Home Depot's rally
▼ + stars: | 2024-09-24 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street.

Persons: Jim Cramer, we've, Jensen Huang, Huang, Oppenheimer, –, We've, Cintas, Jim Cramer's, Jim Organizations: CNBC, China, Tech, Nvidia, Devices, Broadcom, Jim Cramer's Charitable

KIRYAT BIALIK, Israel — Those who remain in the northern city of Kiryat Bialik are preparing for the worst-case scenario: a full-blown war between Israel and the Hezbollah militant group just across the country’s northern border with Lebanon. Surveying the damage in Kiryat Bialik on Monday, Ilan Itach was counting his blessings that his family and home for more than 30 years had survived the attack unharmed. “The entire family is all right, but they are very afraid,” he said, adding that they had left the city to join relatives in another part of northern Israel. First responders and Israeli security forces gather amid debris and charred vehicles in Kiryat Bialik in northern Israel. “Unfortunately for us in Israel, military confrontation is part of our risk assessment.”Richard Engel and Charlotte Gardiner reported from Kiryat Bialik.

Persons: KIRYAT BIALIK, Israel —, Kiryat Bialik, Ilan Itach, ”, Jack Guez, Benjamin Netanyahu, Israel, Itach, Michael Halberthal, ” Halberthal, Halberthal, ” Richard Engel, Charlotte Gardiner, Yuliya Talmazan Organizations: NBC News, Getty, ., International Organization for Migration, Rambam, Home, Command, Staff Locations: Kiryat, Israel, Lebanon, Israel’s Haifa, Iran, Kiryat Bialik, AFP, Gaza, ”, Haifa, London

WASHINGTON — Crime, including serious violent incidents like murder and rape, dropped nationally from 2022 to 2023, according to new data released by the FBI on Monday. Violent crime was down about 3% from 2022 to 2023 and property crime took a similar drop of 2.4%, the FBI reported in its annual "Summary of Crime in the Nation." Preliminary numbers showed that 2024 crime numbers were also dropping for the early part of this year, continuing a trend of crime easing as America has come out of the pandemic. (Store closures and COVID-19 security measures likely decreased shoplifting in 2020 and 2021, and may have affected 2022 incidents as well.) But the violent crime rate dropped from 2022 to 2023, from 377.1 violent crimes per 100,000 people in 2022 to 363.8 violent crimes per 100,000 people in 2023, the new FBI data shows.

Persons: Donald Trump, Kamala Harris Organizations: WASHINGTON, FBI Locations: America, United States

☆ China's youth unemployment hits fresh high amid economic slowdown and restrictive hiring policies
▼ + stars: | 2024-09-23 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +2 min

China's youth unemployment rate in August rose to the highest level since the new system of record-keeping began in December, data from the National Bureau of Statistics showed, amid an economic slowdown. China's urban unemployment rate across all age categories rose 5.3% in August, compared to a 5.2% climb in July. China paused reporting the youth unemployment rate for much of the latter half of last year while it reassessed its calculation methods. China's youth unemployment has also been affected by restrictive hiring policies amid a struggling economy as companies are refusing to hire recent college graduates due to the difficulty and costs involved in firing workers in China. "That's why the [overall] unemployment rate isn't that bad but the unemployment rate for youths is so high," Rein added.

Persons: That's, Dan Wang, Shaun Rein, Rein Organizations: National Bureau, Statistics, HSBC, China Market Research, People's Bank of Locations: China, People's Bank of China

☆ As Investigations Swirl, Another Adams Official Resigns
▼ + stars: | 2024-09-23 | by ( Jeffery C. Mays | More About Jeffery C. Mays | ) www.nytimes.com time to read: +1 min

The health commissioner chosen by Mayor Eric Adams to lead New York City out of the Covid-19 pandemic resigned on Monday, the third top administration official this month to leave, or announce plans to, amid multiple federal investigations of the mayor’s inner circle. The commissioner, Dr. Ashwin Vasan, a mental health expert, cited a desire to spend more time with his family in his decision to step down, which will take effect early next year. “As anyone with a family — or a chosen family — knows, you are never alone in service, Dr. Vasan said in a statement. “My wife and three young children have served alongside me, bearing the brunt of my absence and shouldering so much. I’m grateful for their love and have chosen that now it is time to support them and their well-being.”A City Hall spokesman, William Fowler, said Dr. Vasan’s departure was unrelated to the federal inquiries, and the commissioner affirmed that in a brief interview.

Persons: Eric Adams, Ashwin Vasan, —, Vasan, “, William Fowler, Vasan’s Organizations: New Locations: New York City

☆ Employees angry about RTO mandates have essentially no legal path to fight them
▼ + stars: | 2024-09-23 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +5 min

Your boss says the company does not plan to require employees to return to the office. Some workers have filed lawsuits against their companies or charges with the National Labor Relations Board over RTO mandates. AdvertisementBut remote employees who simply argue that returning to the office is an inconvenience to their lifestyle have "zero chance" to fight the RTO mandate with legal action, Zambrano said. AdvertisementHowever, said Camacho Moran, just because an employee has an illness or a disability "does not mean that remote work is the appropriate accommodation." Reasonable accommodations under the ADA can include modifying a work schedule or workplace setting, as well as moving to remote work.

Persons: —, Ron Zambrano, Zambrano, Domenique Camacho Moran, Farrell Fritz, Camacho Moran, " Zambrano, it's Organizations: Service, Business, Trial, Amazon, Walmart, National Labor Relations Board Locations: California, Seattle, New York

☆ Trump is getting wilder and wilder, but the White House race remains a toss-up
▼ + stars: | 2024-09-23 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

But the nature of the race — a toss-up contest in swing states — has not budged. No clear leaderBut despite the rising heat on the campaign trail, the race remains where it has been for weeks: deadlocked. The vice president is at 50% compared with Trump’s 47% in the latest CNN Poll of Polls average. Vice President Kamala Harris boards Air Force Two in Queens, New York, on September 22, 2024. Former President Donald Trump arrives at a campaign rally at the Aero Center in Wilmington, North Carolina, on September 21, 2024.

Persons: Donald Trump’s, he’d, —, Trump, He’s, CNN’s KFile, Kamala Harris, Harry Enten, Democrat John F, Richard Nixon, Gretchen Whitmer, Harris ’, “, Harris, Sharyl Attkisson, ”, Joe Biden, Matt Rourke, Biden, Donald Trump, Jim Watson, Republicans —, Ron DeSantis, Nikki Haley, she’s, “ I’m, “ I’ve, ” Harris, South Carolina Sen, Lindsey Graham, NBC’s Kristen Welker, Who’s Organizations: CNN, White, North Carolina, Democrat, Michigan Gov, Democrats, Trump, NBC News, Democratic, Electoral, Air Force, Capitol, Oval, Democratic National Convention, Republican Party, Aero Center, Getty, Republicans, Florida Gov, South Carolina Gov, NBC, —, Federal Reserve, mull, Republican, South, “ Locations: Ohio, “ State, Michigan, Pennsylvania, Wisconsin, Georgia, Nevada , Wisconsin , Michigan, North Carolina, United States, Queens , New York, Trump, Chicago, Wilmington , North Carolina, AFP, Florida, South Carolina

☆ Goodbye Louis Vuitton. China’s Gen Z leans into ‘dupe economy’ as growth prospects stall
▼ + stars: | 2024-09-23 | by ( Juliana Liu | ) edition.cnn.com time to read: +8 min

Mainly a print model, Zheng used to rake in 30,000 yuan ($4,230) a month when she began working two years ago. Some are virtually indistinguishable from the real thing, while others are inspired by the original design and offer morecolors or textures. The popularity of this product category is soaring as consumer confidence in China nears a historic low, according to analysts. Shoppers are sitting on the sidelines due to a combination of falling stock prices, capital flight and “tepid” wage growth, the economists said. A Hong Kong court ordered the liquidation of the Chinese property giant on on January 29.

Persons: Zheng Jiewen, Zheng, “, ”, Louis Vuitton, Chanel, Laurel Gu, Lulu, dupes isn’t, Nomura, Xinxin, Greg Baker, Nicole Hal, “ I’ve, Goldman Sachs Organizations: Hong Kong CNN, CNN, Prada, Reuters, Shoppers, Barclays, Hong, Getty, Goldman Locations: China, Hong Kong, Guangzhou, Shanghai, Asia, Japan, Chongqing, Beijing, AFP, Europe, “

☆ China stimulus calls are growing louder — inside and outside the country
▼ + stars: | 2024-09-23 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

Local residents with umbrellas walk out of a metro station in rain during morning rush hour on September 20, 2024 in Beijing, China. China News Service | China News Service | Getty ImagesBEIJING — More economists are calling for China to stimulate growth, including those based inside the country. His presentation Saturday at Renmin University's China Macroeconomy Forum was titled: "A basket of stimulus and reform, an economic revitalization plan to substantially expand domestic demand." "The elephant in the room is the property market," said Xu Gao, Beijing-based chief economist at Bank of China International. To restore confidence and stabilize the property market, Xu said that policymakers should bail out the property owners.

Persons: Liu Shijin, Liu, Goldman Sachs, China's, Xu Gao, Xu, Nomura, Gabriel Wildau, Teneo, Yi Gang, Wildau, Yi Organizations: China News Service, Getty, Development Research, State Council, CNBC, China Macroeconomy, Goldman, Bank of China International, Center for, People's Bank of China Locations: Beijing, China, BEIJING, Renmin, Center for China, U.S

☆ Remote work could become a secret weapon in the battle for top talent
▼ + stars: | 2024-09-23 | by ( Nora Redmond | ) www.businessinsider.com time to read: +5 min

Read previewThe list of companies abandoning remote work is growing. But for some experts, remote work won't die either. "There's a big race for talent out there," she told Business Insider, adding that "attracting talent into a business is hard these days." For others, flexible work has become a game changer and one they can't see themselves looking back on. In contrast, other companies will continue to embrace the advantages of flexible work.

Persons: —, Andy Jassy, PwC, Goldman Sachs, Kate Palmer, Palmer, Daniel Wheatley, Wheatley, Jassy Organizations: Service, Amazon, Big, Business, Citigroup, HSBC, Barclays, JPMorgan, Peninsula, University of Birmingham

Stefany Serna, 30s, Miami, Florida Working in Miami's high-end restaurants where she has developed a strong reputation among patrons. Thanks to an informal connection to her landlord, the costs for the home she shares with her partner are below market prices. Serna said Miami Springs, a small upper-middle-class city just north of Miami International Airport, is a place where everyone more or less knows each other. According to Zillow, the average market rent for such a two-bedroom in Miami Springs is $2,800. “But I’m afraid I won’t be able to stay here because I can’t afford it in the long run.”

Persons: Stefany Serna, Serna, ” Serna, she’d, ’ ” Serna, Zillow, “ It’s, ”, “ Organizations: NBC, Dade, Cuban, Miami International Airport, U.S ., Miami, ” Management Locations: Miami, Florida, Coral Gables, Miami Springs, U.S, East Coast, ”

☆ I moved to Bali and turned my life into a 'workcation.' There are struggles, but every day feels like a beach day now.
▼ + stars: | 2024-09-22 | by ( Kaila Yu | ) www.businessinsider.com time to read: +6 min

We stayed for 10 months and fell in love with the place for its optimal work-life balance and gorgeous weather. My current job understands my remote work lifestyle and allows me to work from anywhere. AdvertisementI miss being close to my family, but I don't miss MelbourneI don't miss Melbourne much, except for being close to family and friends. However, remote work in digital marketing has allowed me to turn my life into a workcation. I've found a way to balance work and leisure, making every day feel like a beach day.

Persons: —, Eliot Davenport, It's, I've, OnlyFans influencers, Manseen Logan Organizations: Service, Business, Bali, pats, Melbourne Locations: Melbourne, Australia, Guatemala, Peru, Colombia, Brazil, South Africa, Spain, Albania, United States, Croatia, Bali, Menjangan, West Bali, Amed, North, America, Orange County, Savannah , Georgia, mlogan

☆ A nurse who made $250k secretly working multiple jobs shares why the challenge was fun and helped his career
▼ + stars: | 2024-09-22 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +4 min

Read previewMatthew, a registered nurse based in the Western US, began working as a field case manager about a decade ago. But it wasn't until several years later that he started working multiple jobs in secret to boost his income. While working multiple jobs can be stressful at times, Matthew said he hasn't burned out yet. Today, he works as an occupational health nurse for a corporation in addition to his case manager job. AdvertisementAre you working multiple remote jobs at the same time and willing to discuss details about your pay and schedule?

Persons: —, Matthew, He'd, jugglers, it's, he's Organizations: Service, Business, BI, COVID

☆ Major movie theater chains unveil a $2.2 billion makeover plan
▼ + stars: | 2024-09-21 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

That’s why the biggest theater chains in the United States and Canada have a $2.2 billion plan to bring them back. Large chains are also facing competition from luxury theaters offering an enhanced viewing experience, like IPIC Theaters and Alamo Drafthouse. Better air conditioning, new signs and revamped carpeting are also included in the plan. In July, Regal announced it would spend $250 million to remodel its 400 locations following its parent company’s exit from bankruptcy. The $2.2 billion investment shows “no better reflection of confidence” about movie theaters’ future, Paul Dergarabedian, senior analyst at Comscore, told CNN.

Persons: Cinemark, Paul Dergarabedian, ” Organizations: New, New York CNN, AMC Entertainment, Regal, American, IPIC, Sony Pictures Entertainment, National Association of Theatre Owners, NATO, CNN, “ Locations: New York, United States, Canada

☆ The employment power pendulum is always swinging. Here's how workers can stay ahead.
▼ + stars: | 2024-09-21 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +10 min

AdvertisementA power pendulum is constantly swinging back and forth between employers and employees, guided by market forces and an ever-changing economy. Other times, employers have the power to set workplace norms, and workers are better off keeping their heads down. The cyclical nature of shifting workplace power does swing back and forth between employers and employees, but not automatically. AdvertisementThink of it as a supply-demand phenomenon: Whenever the labor market gets tight, and employer demand for workers exceeds the number of available workers, employees gain greater choice and, thus, power. Dorothea LangeA mere three decades later, however, the power pendulum swung back toward workers with The New Deal, which included unemployment relief and minimum wage legislation, among other worker rights.

Persons: —, Arne Kalleberg, Kalleberg, Dorothea Lange, COVID, Gerald Davis, Ward, there's, JOSEPH PREZIOSO, it's Organizations: Service, Business, University of North, Chapel Hill, Systems, University of Michigan, Vanishing American Corporation, Employers, Getty, Healthcare, Workers Locations: University of North Carolina, United States, AFP

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