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Search resuls for: "Mark Perry"


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Tech insiders are cashing out during the AI-fueled stock rally
  + stars: | 2024-03-06 | by ( Yun Li | ) www.cnbc.com   time to read: +4 min
Nvidia Nvidia is the leader of the pack with shares surging more than 70% year to date, following a nearly 240% advance last year. A number of directors at the company sold shares in late February amid the fierce rally. NVDA 1Y mountain Nvidia Nvidia has been the primary beneficiary of the recent technology industry obsession with large artificial intelligence models, which are developed on the company's pricey graphics processors for servers. Meta Platforms Meta CEO Mark Zuckerberg trimmed his stake in separate sales over the past week. Satya Nadella (CEO) sold 1,300 shares on March 1 Bradford L. Smith (vice chair and president) sold 48,300 shares in early February.
Persons: Mark Stevens, Michael McCaffery, Mark Perry, Harvey Jones, Mark Zuckerberg, Zuckerberg, Meta's, Sherman Tuan, George Kao, Don Clegg, Lisa Su, Darla M, Smith, Mark Papermaster, Satya Nadella Organizations: Nvidia, Nvidia Nvidia, Microsoft, Whirlpool, AMD, Microsoft Microsoft, Bradford, Amazon Web Services
Young people in Asia don't want factory jobs, so companies are raising wages and adding perks. That's because factories across Asia that have traditionally produced many of these goods are struggling to find workers, The Wall Street Journal reported. In China, manufacturing workers' wages have more than tripled over the past decade, and factory workers in Vietnam, Malaysia, and Japan, have seen notable pay bumps as well. Companies like the Barbie manufacturer Mattel, the toy maker Hasbro, and Nike are facing elevated labor costs in Asia that have contributed to price hikes. Mark Perry, University of Michigan economistExperts attribute Asia's factory labor shortage to a variety of factors.
Persons: it's, Manoj Pradhan, Mark Perry, Julian Zhu, Gabriel Galvan, It's, Barbie Organizations: Service, Street Journal, Companies, Mattel, Hasbro, Nike, University of Michigan, Reuters Locations: Asia, Wall, Silicon, London, China, Vietnam, Malaysia, Japan, Mexico, America
72% of Americans are financially insecure, according to a Bankrate.com survey. Americans said they'd need to earn $233,000 to feel financially comfortable and $483,000 to feel rich. To feel rich, those surveyed said they'd need to earn, on average, $483,000 per year, nearly nine-times the median income. Mark PerryMany Americans surveyed cited insufficient emergency savings and retirement funds as evidence they're not financially secure. While many Americans may be a long way from feeling financially secure, some are optimistic that they'll get there eventually.
Persons: , Sarah Foster, Mark Perry's, Mark Perry Organizations: Service, University of Michigan, of Labor Statistics, Northwestern Mutual
Currently, "Fry Cook," "Short Order Fry Cook" and "Fast Food Fry Cook" are all available as job titles on the platform. In 2015, LinkedIn cofounder Allen Blue told The Financial Times there was "a growing number of blue-collar workers on the site." Even so, blue-collar workers — those in trade sectors like construction who work outside of office settings — say they're not yet seeing the benefits in their job hunts. Courtesy of: Darren RamboRambo says he uses LinkedIn "to read or as something to look at when I'm bored. Sonja Wiltz, a 54-year-old construction safety coordinator, says, "All the years I've been on LinkedIn, I've never gotten a job on there."
‘Equal Occupational Fatality Day’
  + stars: | 2023-04-03 | by ( The Editorial Board | ) www.wsj.com   time to read: +1 min
But to understand the folly of comparing aggregate statistics, consider Equal Occupational Fatality Day. That’s a commemoration coined as a thought experiment some years ago by economist Mark Perry , a scholar at the American Enterprise Institute, who updated his numbers again this week. America’s most dangerous job in 2021, according to the official data, was held by loggers, who were 96% men. Also high on the list were roofers, 97.1% men, and electrical power line installers and repairers, 99.3% men. The most sex-balanced occupation in the top 10 most dangerous was trash collecting, 87.9% men.
The costs of healthcare, housing, childcare, and college have soared in recent decades. Some say an "abundance agenda" is necessary to boost supply and bring down costs. In short, the abundance agenda works by increasing the supply of the things people need, and ultimately making essential goods and services less expensive for American families. But childcare, healthcare, college tuition, and housing costs, for instance, have risen 115%, 130%, 178%, and 80%, respectively, well above inflation. He thinks the abundance agenda — or something like it — will be something many politicians campaign on someday, which he says would be a win for all Americans.
It's in response to the supply chains disruptions companies have faced in recent years. The headaches US corporations have faced are leading more of them to bring their supply chains closer to home and more under their control. Just under half (46%) said they were adjusting supply chains, and around a third (32%) said they were onshoring their workforce. But if more companies shift their supply chains closer to home, this could slowly begin to change. If reshoring companies have to raise wages to attract workers, they may decide to raise prices even further to protect their margins.
The 75-minute session was a prelude to an expected ruling by the appeals court, likely to be issued sometime next year. A so-called “walled garden” protecting the iPhone app store includes a payment system that funnels Apple commission revenue ranging from 15% to 30% on the purchases of some subscriptions and other digital services through its storefront. “The only thing that is kept out by Apple’s walled garden is competitors,” Goldstein said. Apple lawyer Mark Perry defended that walled garden as an indispensable feature prized by consumers who want the best protection available for their personal information. “I am too lazy to switch,” McShane said.
College enrollment has fallen in recent years, part of a broader trend over the past decade. President Joe Biden's student-debt reforms could make college more attractive to some but not all. College enrollment has fallen over 1% since last fall, according to a recent report from the National Student Clearinghouse. While Democratic lawmakers have pushed back on the idea that Biden's student-debt relief will cause tuition to spike, GOP lawmakers have latched onto that criticism. While there are few signs of a significant tuition decline on the horizon, the American Enterprise Institute's Mark Perry previously told Insider there had been a flicker of relief.
Americans are set to receive discounts on clothing, electronics, and toys this holiday season. "You could tell the same story for healthcare, childcare, tuition. Mark PerryPrices of electronics, toys, and apparel could see "massive" discounts in the coming months of over 32%, per an Adobe Analytics forecast. Perry says the "most concerning trends" are in the rising costs of college tuition and hospital services. In comparison, software, electronics, toys, and clothing – industries with less regulation — have seen prices fall, he wrote in a July blog post.
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