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☆ Jayson Tatum was just 19 when he learned this NBA money lesson
▼ + stars: | 2024-05-31 | by ( Nicolas Vega | ) www.cnbc.com time to read: +3 min

Early on, Tatum absorbed lessons from former players who saw their NBA nest eggs go up in smoke for any number of reasons. But entering the league as the 19-year-old third overall pick in the 2017 NBA draft, Tatum says he had a lot to learn about money. Jayson Tatum is among the best-paid players in the NBA. But over the course of the past few years, he has learned that buying nice things isn't necessarily what makes him happy. Instead, he says the money he has spent taking his family on vacations has been by far the best money he has spent since entering the league.

Persons: Tatum, that's, Jayson Tatum Organizations: NBA, CNBC

☆ Trump’s conviction: The former US president is trending on Chinese social media, and many are rejoicing
▼ + stars: | 2024-05-31 | by ( Nectar Gan | ) edition.cnn.com time to read: +4 min

And as China woke up Friday to the news of Trump’s conviction on 34 felony counts of falsifying business records, the country’s heavily censored social media lit up. Under leader Xi Jinping, China’s most assertive leader in decades, the country’s social media platforms have become increasingly dominated by anti-American, nationalistic voices. Second, can he still run for president?”But analysts say Trump’s conviction could be a tricky topic for Chinese state propagandists to navigate. So far, Chinese state media outlets have yet to publish the kind of blistering commentaries that previously appeared alongside news coverage of Trump’s legal entanglements. Alfred Wu, an associate professor at the Lee Kuan Yew School of Public Policy at the National University of Singapore, said China’s state media is unlikely to play up the coverage in the days ahead.

Persons: Donald Trump, it’s, Communist Party —, China’s, “ Trump’s, ”, Trump, Chuan Jianguo, “ Trump, influencers, Xi Jinping, –, Hu Xijin, “, Bill Bishop, Alfred Wu, Lee, they’re, Wu Organizations: CNN, Communist Party, Xinhua, Washington, Global Times, Lee Kuan Yew, of Public, National University of Singapore Locations: China, United States, Weibo, Beijing, America

☆ I shopped at Lowe's and Home Depot for plants and outdoor essentials. The winner earned my loyalty all summer long.
▼ + stars: | 2024-05-31 | by ( Terri Peters | ) www.businessinsider.com time to read: +1 min

I shopped at my local Lowe's and Home Depot stores to see which had the better selection. The Lowe's I visited seemed better laid out and had a better selection than the Home Depot. This summer, Lowe's would be my pick for my garden and outdoor shopping needs. Recently, I shopped at Lowe's and Home Depot to see which home-improvement store would be my go-to summer shopping destination. The average Lowe's shopper and Home Depot shopper is a white woman over age 60 who lives in the suburbs — I skew younger at age 43 and live in a small beach town that's not quite a suburb but not urban either.

Persons: —, I've Organizations: Home Depot, Service, Business Locations: Florida

☆ When do the 2024 NBA Finals start? Mavs vs. Celtics schedule, channel, start time and odds
▼ + stars: | 2024-05-30 | by ( Alex Andrejev | Law Murray | ) www.nytimes.com time to read: +6 min

The 2024 NBA Finals will feature the league’s best team all season against one of basketball’s most dominant duos. The Mavericks are making their first NBA Finals appearance since winning their only title in 2011. When do the NBA Finals start? In recent years, the league has set an NBA Finals schedule ahead of time for all seven games in consideration of its stakeholders, including broadcast partners and fans. Boston — with star players Jayson Tatum and Jaylen Brown — is back in the NBA Finals for the second time in three years.

Persons: Luka Dončić, Kyrie Irving, Celtics haven’t, They’ve, Tyrese Haliburton, Anthony Edwards, Dallas ’, Jayson Tatum, Jaylen Brown —, Porziņģis, Tatum, Brown, Dončić, Star Irving, There’s, Irving, Joe Mazzulla, Bill Russell, Russell, Jason Kidd, Kidd, Jaylen Brown, Brian Fluharty Organizations: Boston Celtics, Eastern, Dallas Mavericks, Western Conference, Los Angeles Lakers, Mavericks, NBA, Celtics, Indiana Pacers, Minnesota Timberwolves, ABC, Miami Heat, Cleveland Cavaliers, Eastern Conference, Boston, Miami, Cavaliers, Pacers, West . Dallas, LA Clippers, Oklahoma City Thunder, Timberwolves, Wolves, Dallas, Heat, Clippers, Lakers, Luka, Synergy Locations: Boston, Dallas, West

☆ South Korean men can get $730 to reverse their vasectomies, an extreme attempt to increase the birth rate
▼ + stars: | 2024-05-30 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +1 min

South Korea has a fertility crisis, with the capital Seoul particularly hard-hit. The city is proposing $730 incentives for reversing vasectomies and tubal ligations. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementLast year, South Korea's capital earned an unwelcome distinction: the least fertile city in the least fertile country in the world. Now Seoul is seeking solutions, including offering up to $730 each to 100 people to reverse their vasectomies or untie their tubes.

Persons: — Organizations: Service, The Washington Post Locations: Korea, Seoul

☆ For the first time in 323 years, Yale has elected a woman as its permanent president
▼ + stars: | 2024-05-30 | by ( Morgan Smith | ) www.cnbc.com time to read: +3 min

History has been made at Yale University as Maurie McInnis becomes the first woman to be named permanent president of the Ivy League school. She has served as a Yale trustee since 2022 and earned master's degree and doctorate from Yale, per the school's announcement Wednesday morning. Yale has had only one other female leader, the historian Hanna Holborn Gray, who served as interim president from 1977 to 1978. It is the last Ivy League school to name a permanent woman president. In an interview with the Yale Daily News, McInnis expressed her gratitude for being elected president and reiterated her commitment to "tackle the world's most pressing challenges."

Persons: Maurie McInnis, McInnis, Hanna Holborn Gray, Peter Salovey, Joshua Bekenstein, — Organizations: Yale University, Ivy League, Yale, Stony Brook University, University of Texas, University of Virginia, Bain Capital, Yale Corporation, Yale Daily News, Harvard University, University of Pennsylvania, Cornell University, Stony Brook, CNBC Locations: New Haven , Connecticut, Long, New York, Austin, Israel, Stony

☆ ‘Not Everything Was Bad’: Saluting the Mercedes of Eastern Europe and a Communist Past
▼ + stars: | 2024-05-30 | by ( Christopher F. Schuetze | ) www.nytimes.com time to read: 1 min

As the beige car bounced up to the former Soviet barracks, the rattling of its half-century old motor overpowered the din of people setting up for the day’s festivities at a temporary fairground. The driver of the little sedan, once considered the Mercedes of Eastern Europe, slipped the clutch, jolting the car forward. The lapse earned a rebuke from a costumed parking attendant. now,” he yelled with mock anger, referring to the extinct East German state. “Leave your Western manners behind!”

Persons: ” Organizations: Mercedes Locations: Wartburg, Eastern Europe

☆ Your around-the-corner Uber or Lyft ride may pay drivers $3 or less. Some say it's a nightmare.
▼ + stars: | 2024-05-30 | by ( Noah Sheidlower | Jacob Zinkula | ) www.businessinsider.com time to read: +9 min

One screenshot from a Lyft driver based in Arizona showed a $2.62 ride that took 15 minutes and traveled 4.32 miles. For some drivers, these sub-$3 trips are a symbol of their broader frustrations with their pay. AdvertisementCompared to January 2023, sub-$3 trips — excluding tips — have become more common for DoorDash, Grubhub, and Uber Eats drivers and less common for Uber and Lyft drivers, per Gridwise. Otherwise, the pay would likely increase if drivers rejected these rides since drivers would be more likely to accept a higher-paying ride. AdvertisementMoises Diaz, a 41-year-old Uber and Lyft driver in California, started driving part-time in December.

Persons: —, Sergio Avedian, Guy, Avedian, it's, Lyft, they're, Uber, Grubhub, Gridwise, Randy Scott, he's, Scott, There's, he'll, Moises Diaz Organizations: Service, Business, Research, Gridwise, South, BI, Uber Locations: Arizona, Cleveland , Houston, Fort Lauderdale, Orange County, Los Angeles, Florida, California, South Florida

☆ 22-year-old turned Roblox side hustle into a business bringing in over $100,000 a year
▼ + stars: | 2024-05-30 | by ( Morgan Smith | ) www.cnbc.com time to read: +2 min

Kyasia Watson made 2 cents the first time she sold clothes on Roblox, the online metaverse gaming platform — now, that same side hustle earns her over $100,000 a year. Watson, 22, began playing Roblox games in 2011 when she was 8 years old after seeing an ad for it on Google. At its core, Roblox is an app where you can play games designed by other users or create your own games, virtual experiences, avatar clothing and more through Roblox Studio. Unimpressed with the limited clothing catalog offered for Roblox avatars, Watson taught herself how to create digital fashion designs in Photoshop. On Roblox, clothing and accessories can sell for as little as 2 Robux to as much as 2 million.

Persons: Kyasia Watson, Watson, Roblox, I'd, Watson's Organizations: CNBC, Google, Roblox Locations: AskMakeIt@cnbc.com, Connecticut, Robux

☆ Stocks making the biggest moves after hours: Dell Technologies, MongoDB, Zscaler, Gap and more
▼ + stars: | 2024-05-30 | by ( Sarah Min | ) www.cnbc.com time to read: +4 min

The cloud security company posted adjusted quarterly earnings of 88 cents per share on revenue of $553 million. MongoDB — MongoDB tumbled 23% after the developer data platform issued second-quarter and full year guidance that was weaker than expected , even as its first-quarter earnings results exceeded expectations. Dell Technologies — The tech stock plunged more than 14% even after Dell beat expectations in its first-quarter results . Otherwise, fiscal first-quarter revenue of $3.34 billion topped the consensus estimate of $3.20 billion. Marvell Technology — The semiconductor stock slid 3% after Marvell Technology missed first-quarter expectations.

Persons: Zscaler, LSEG, MongoDB, Dell, Nordstrom, NetApp, SentinelOne, Michelle, Sun, Choe, —, Christina Cheddar, Berk Organizations: Dell Technologies, Dell, LSEG, Costco, Costco Wholesale, Revenue, Marvell Technology, SentinelOne, Corp, VF Corp, Vans

☆ I'm 53, single, and child-free. But I still love having kids in my life.
▼ + stars: | 2024-05-30 | by ( Laurie White | ) www.businessinsider.com time to read: +5 min

I was going to invite you but since there would be kids there, I didn't think you'd enjoy it." It never occurred to me to exclude anyone based on age or whether or not they had kids, except at specifically adult-only events. Many people absolutely don't have kids on purpose, a completely personal and valid choice. Then, life happened, and kids didn't. AdvertisementI would trade none of these experiences for a kid-free life, even though they're not my own.

Persons: —, I'd, I'm, I've, they're Organizations: Service

☆ How a Self-Published Book Broke ‘All the Rules’ and Became a Best Seller
▼ + stars: | 2024-05-30 | by ( Alexandra Alter | ) www.nytimes.com time to read: +1 min

Last summer, a book changed Kohn Glay’s life. He ordered a copy, and soon was back on TikTok, fervently recommending it to his followers. “If you’re on your spiritual journey, you absolutely need to go and get you one of these,” he says in the video, urging viewers to buy the book in the TikTok store. Glay, who is 43 and lives in Baltimore, began holding online classes to guide people through the journal. Over the next few months, people who watched his videos bought more than 40,000 copies of the book on TikTok, and Glay earned more than $150,000 in commissions.

Persons: Kohn, ”, Glay Organizations: Home Depot Locations: Baltimore

☆ Biden returns to Philadelphia, this time to win back Black voters
▼ + stars: | 2024-05-29 | by ( Kevin Liptak | ) edition.cnn.com time to read: +4 min

Philadelphia CNN —President Joe Biden plans to launch a nationwide effort to mobilize Black voters during a campaign rally in Philadelphia on Wednesday, aiming to win back support from a slice of the electorate that polls show wavering in support. Biden’s aides say they aren’t taking Black voters for granted as surveys suggest an erosion of support, particularly among Black men. Many polls have found Black voters more disconnected from the Democratic Party than they have been in decades. He’s also dialed into Black radio programs and touted issues like infrastructure investments and canceling student debt when promoting his record to Black voters. As the summer progresses, the Black Voters for Biden-Harris organizational effort will partner with community groups to register voters and strengthen voter protection efforts.

Persons: Joe Biden, Kamala Harris, Biden, Donald Trump, Harris, It’s, Biden’s, “, Trump, —, Black, Brown, He’s, I’m, ” Trump, — Donald Trump, ”, Quentin Fulks Organizations: Philadelphia CNN, Black, Black Voters, Biden, White House, Team Biden, Democratic Party, New York Times, Siena College, Trump, Morehouse College, NAACP, Chamber of Commerce, Republican Party, White Locations: Philadelphia, Siena, CNN’s, Atlanta, Detroit, Black, South Carolina, Bronx

☆ McDonald's exec says average menu item costs 40% more than in 2019
▼ + stars: | 2024-05-29 | by ( Ece Yildirim | In Ecedyildirim | ) www.cnbc.com time to read: +1 min

A top McDonald's executive is weighing in on claims that the company has jacked up its prices. Joe Erlinger, president of McDonald's USA, said in an open letter Wednesday that the average price of McDonald's menu items is up around 40% since 2019. Erlinger said the average price of a Big Mac meal today is $9.29, up 27% from $7.29 in 2019. The price for a 10-piece McNuggets meal is up 28% over the same period, and the price of medium french fries increased 44%. Erlinger added the cost increases are tied to similar increases in input costs such as crew salaries and cost of goods.

Persons: Joe Erlinger, Erlinger, we've Organizations: McDonald's, House Republicans Locations: McDonald's USA

☆ Bette Nash, Longest-Serving Flight Attendant in the World, Dies at 88
▼ + stars: | 2024-05-29 | by ( Clay Risen | ) www.nytimes.com time to read: 1 min

Bette Nash, whose nearly seven decades of serving airline passengers aboard the Washington-to-Boston shuttle earned the route the nickname the Nash Dash and won her a spot in Guinness World Records as the longest-serving flight attendant in history, died on May 17. Ms. Nash never officially retired, and her death, from breast cancer, was announced on Saturday by her employer, American Airlines. She lived in Manassas, Va.Ms. Nash entered service with Eastern Air Lines in November 1957, at the dawn of the jet age. Dwight D. Eisenhower was president, “I Love Lucy” was on TV and even short domestic flights were still a glamorous adventure. Wearing white gloves, heels and a pillbox hat, Ms. Nash served lobster and champagne, carved roast beef by request and passed out after-dinner cigarettes.

Persons: Bette Nash, Nash, Dwight D, Eisenhower, “, Lucy ” Organizations: Boston, Guinness World Records, American Airlines, Eastern Air Lines Locations: Washington, Manassas, Va

☆ RFK Jr. files complaint with Federal Election Commission over CNN debate criteria
▼ + stars: | 2024-05-29 | by ( Aaron Pellish | ) edition.cnn.com time to read: +3 min

CNN —Robert F. Kennedy Jr.’s campaign filed a complaint with the Federal Election Commission on Tuesday alleging President Joe Biden’s campaign, former President Donald Trump’s campaign and CNN violated federal campaign laws in scheduling the network’s June 27 presidential debate. The Biden campaign directed a request for comment to the Democratic National Committee, which declined to comment. The Trump campaign did not immediately respond to a request for comment. The Kennedy campaign asks the FEC to bar the campaigns and CNN from holding the debate until they address the alleged breaches in federal law. A CNN spokesperson said both Biden and Trump will meet the ballot access criteria as the presumptive nominees of their parties.

Persons: Robert F, Kennedy Jr, ’, Joe Biden’s, Donald Trump’s, CNN “, Kennedy, Biden, Trump, ” Kennedy, Jr Organizations: CNN, Federal, Biden, Trump, Democratic National Committee, Electoral, RFK Jr, RFK

☆ US and allies arrest alleged cybercrime ringleader, seize millions in sports cars in major Covid-19 fraud bust
▼ + stars: | 2024-05-29 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +3 min

The alleged cybercriminal conduct and the lavish lifestyle it funded “reads like it’s ripped from a screenplay,” Matthew Axelrod, a senior US Commerce Department official involved in the investigation, said in a statement. Wang used money he earned from renting the botnet to buy property in those locations, according to an indictment unsealed in the US District Court for the Eastern District of Texas. Authorities in Singapore and Thailand worked with the FBI on the bust, the Justice Department said. The new charges are only the latest alleged example of opportunistic fraud that has been rampant across the US since Covid-19 emerged more than four years ago. The problem got so bad that the Secret Service named a senior official as National Pandemic Fraud Recovery Coordinator to try to claw back some of the many billions that were stolen.

Persons: YunHe Wang, Fraudsters, ” Matthew Axelrod, Brett Leatherman, Wang, Leatherman Organizations: CNN, Justice Department, Justice, Treasury, US Commerce Department, Royce, FBI, Court, Eastern, Eastern District of, Authorities, Service, IRS Locations: Singapore, East Asia, Caribbean, Eastern District, Eastern District of Texas, Thailand

☆ I helped my aging dad get a job in the kitchen of the hospital I work at. It's hard to see him in such a thankless job, but I'm so proud and love being his coworker.
▼ + stars: | 2024-05-29 | by ( Grace Ryu | ) www.businessinsider.com time to read: +8 min

My dad owned a wide variety of businesses. My dad worked the grill and made the hot dishes while my mom took customer orders and packed the food. AdvertisementI vouched for my dad at my jobMy dad told me that he still wanted to work after he sold the lease. That's when I thought he could get a job working in the kitchen at the hospital where I worked. I talked to the manager of food services at my hospital and asked if they'd give my dad a job in the kitchen.

Persons: he'd, Ryu, Grace Ryu, —, He's, they'd, I'd, he's, I've, She's Organizations: Service, Business Locations: Maryland, Baltimore, Ocean City, California, America

☆ Yale Chooses Head of Stony Brook University to Be New President
▼ + stars: | 2024-05-29 | by ( Stephanie Saul | ) www.nytimes.com time to read: +1 min

Yale University’s new president will be Maurie D. McInnis, currently the president of Stony Brook University, a New York state public university, where she is known for raising the school’s profile, donations and prestige. When she takes over from Yale’s outgoing president, Peter Salovey, in July, Dr. McInnis, who earned masters and doctoral degrees from Yale in the 1990s, will become the university’s first permanent female president. Her selection followed a search that began last fall. The delay in announcing a successor for Dr. Salovey, who leaves his post at the end of June, prompted speculation that the university’s selection committee was having difficulty finding someone during a tumultuous time on university campuses. Joshua Bekenstein, a founder of Bain Capital who heads the Yale Corporation, the university’s governing board, said the search committee had undertaken a “very thorough” selection process.

Persons: McInnis, Peter Salovey, Salovey, Joshua Bekenstein Organizations: Yale, Stony Brook University, Bain Capital, Yale Corporation Locations: New York

☆ In a baffling closing argument, Trump attorney Todd Blanche used DA's evidence against his own client
▼ + stars: | 2024-05-28 | by ( Laura Italiano | Jacob Shamsian | ) www.businessinsider.com time to read: +6 min

AdvertisementTrump was not involved with any such conspiracy to influence the 2016 election, Blanche told jurors in great detail on Tuesday, during a three-hour summation. "The government has to prove to you that President Trump caused these entries — even if they were false — with an intent to defraud," Blanche told jurors. "That was outrageous, Mr. Blanche," state Supreme Court Justice Juan Merchan told Blanche after jurors were dismissed for lunch. Advertisement"President Trump tweeted what happened when it came out," and then signed a government ethics form that also admitted to the reimbursement, Blanche told jurors Tuesday. Cohen is "literally like an MVP of liars," Blanche told jurors.

Persons: —, Donald Trump's, Todd Blanche, Blanche, Trump, Michael Cohen, Stormy Daniels, reimbursing Cohen, Cohen, Juan Merchan, It's, they'd, Allen Weisselberg, what's, he's Organizations: Service, Business, Prosecutors, New, BI, Trump Organization —, Trump, — Trump Locations: Manhattan, York, New York, Blanche's summations

☆ Some Asian American and Pacific Islander women face a $1 million salary shortfall due to the pay gap
▼ + stars: | 2024-05-28 | by ( Jessica Dickler | ) www.cnbc.com time to read: +2 min

For Asian American, Native Hawaiian and Pacific Islander women, they'll have to work until April 3 to make the same pay white men earned the year before. Together, AAPI women are typically paid just 93 cents for every dollar paid to white men, although the pay gap varies significantly for some AAPI communities. For example, Bhutanese women working full time earn just 49 cents for every dollar white men earn. The lifetime wage gap totals more than $1.4 million for Bhutanese women. There are other groups of AANHPI women working full time who make more than white men, including Chinese women, Indian women, Malaysian women and Taiwanese women; however, these women still make less than men in their respective communities, the report also found.

Persons: Sarah Javaid, AAPI —, Biden, Javaid, they've Organizations: Pacific, National Women's Law, Malaysian Locations: Hawaiian, U.S

☆ 'Total joke': Josh Hawley's bid to win labor support just backfired
▼ + stars: | 2024-05-28 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +4 min

Read previewIn recent years, Sen. Josh Hawley has sought to position himself as populist Republican and a staunch ally of organized labor. This story is available exclusively to Business Insider subscribers. Related stories"I'm honored to have the support of UAW in this race," Kunce said in a statement to Business Insider. AdvertisementThe Teamsters, one of the country's largest labor unions, contributed $5,000 to Hawley's reelection campaign in April. "I'm not a huge fan of the PRO Act," Hawley told Business Insider in September.

Persons: —, Sen, Josh Hawley, That's, Lucas Kunce, Hawley, that's Lucas Kunce, Fred Jamison, I'm, Kunce, we'll, Let's, Donald Trump, they're Organizations: Service, Republican, National Labor Relations Board, Business, United Auto Workers, Missouri Republican, Senate, UAW, Cap Council, Observers, America, PRO, Teamsters, Republican National Committee, Democratic National Committee, Democratic, Kansas City Star Locations: Missouri

☆ You don't have to get things done quickly to get ahead—here's what to prioritize instead
▼ + stars: | 2024-05-28 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +2 min

If you think of productivity as your ability to get things done quickly, you might be going about it wrong. Being the first to raise your hand isn't the only way to succeedThe key is understanding how to solve problems for your boss, Newport says. They want that stress to go away," Newport says. There are two main ways to remove this stress for your boss, Newport says. However, "the other way you can take the stress away right away is that you're super organized," he adds.

Persons: Cal Newport, it's Organizations: Georgetown University Locations: Newport

☆ ‘It’s already highway robbery.’ Why people don’t wait to claim Social Security and what experts say
▼ + stars: | 2024-05-28 | by ( Lorie Konish | ) www.cnbc.com time to read: +1 min

When it comes to claiming Social Security retirement benefits, experts agree it's generally best to delay. Yet many people still claim early — either at the earliest possible age of 62 or before their full retirement age. Those early claims result in reduced Social Security benefits for life. To get 100% of the benefits you've earned, you need to wait until full retirement age — between age 66 and 67, depending on your date of birth. Here's what experts say to the most common arguments for claiming Social Security benefits as soon as possible.

Persons: it's, you've, Warren Buffett's, David Blanchett Organizations: Social, Finance, CNBC, DC Solutions, Prudential Financial

☆ These are some of the highest-paying jobs for digital nomads
▼ + stars: | 2024-05-27 | by ( Tim Paradis | ) www.businessinsider.com time to read: +1 min

A review of remote jobs worldwide found data scientists earned $132,000 on average. Greenback Expat Tax Services reviewed 6,800 job listings and polled 1,000 Americans on remote work. Many Gen Z workers are interested in becoming digital nomads, seeking flexibility and travel. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The findings by Greenback Expat Tax Services, which provides tax services for expats, were based on a review of nearly 6,800 job listings posted on Indeed from around the world.

Persons: — Organizations: Expat Tax, Service, Tax, Business Locations: expats

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