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☆ This US man failed Spanish in school. Now he’s running a language school in Spain
▼ + stars: | 2024-09-22 | by ( Silvia Marchetti | ) edition.cnn.com time to read: +11 min

Ted Purdom, from San Anselmo, California, graduated in 2011 with a bachelor’s degree in English and enrolled in an overseas language program, aiming to learn Spanish. He ended up in Mallorca, the capital of the Balearic islands off the east coast of Spain, for the nine-month program. A friend told him about another program that placed American “language coaches” in Spain, called “Auxiliares de Conversación,” (conversation assistants), run by the Spanish Ministry of Education. So that November he opened The Bridge English Academy in Manacor, converting a former wine store into classrooms to give English language courses to locals. Then there’s the fact that the islanders’ first language isn’t Spanish, but Mallorquin, a dialect of Catalan.

Persons: he’d, Ted Purdom, ”, Purdom, –, “, – Lluïsa, Apollonia, Neme Jimenez, iStock, ” Purdom, Llombards, Dennis Fischer Organizations: CNN, University of Oregon, Spanish Ministry of Education, Mallorca, English Academy, San Francisco Bay Area Locations: California, Mallorca, San Anselmo , California, Balearic, Spain, Spanish, Oviedo, Asturias, Mallorca’s, Palma, Manacor, American, kickstarting, San Francisco Bay, Francisco, Bay

☆ A veteran chartmaster shares 7 investments to make ahead of a rare buying opportunity as US stocks stagnate
▼ + stars: | 2024-09-22 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

Read previewUS equities are trading near record highs after the Federal Reserve cut interest rates last week, but a long-time chartmaster doesn't believe the euphoria is warranted. Add in an unclear path forward for interest rates and geopolitical risks, and Keller said stocks will struggle to break past today's levels. Homebuilders such as DR Horton (DHI) can be a prime beneficiary of lower interest rates, Keller pointed out. "And when you think about what that means, that usually means: really good setup for homebuilders. Utilities also stand out, not only due to their defensive qualities, but because their yields look more attractive as falling interest rates weigh on bond yields.

Persons: —, doesn't, David Keller, Keller, Whoever's, Donald Trump, Kamala Harris, Harris, Jeff Muhlenkamp Organizations: Service, Federal Reserve, Fed, Business, Sierra Alpha Research, Republican, Enphase, Trump, Utilities Locations: StockCharts.com

☆ 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

☆ Sam Altman's Worldcoin turns your iris into a code for universal basic income. Its privacy chief wants you to chill about your data.
▼ + stars: | 2024-09-22 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +9 min

The technology is similar to Apple's Face ID but mobile platform-agnostic, given that many Worldcoin users have Android devices. So I can take a photo of your face, and, through complicated AI, I could fool Face ID, for example. If it is the first time, the orb takes the iris code and cryptographically processes the iris code. Individually, neither of those new codes looks anything like the iris code, nor can they be brought back to the iris code on their own. To get an iris code, you have to recombine all of those pieces.

Persons: Sam Altman's, Worldcoin, It's, Damien Kieran, Elon Musk, Kieran, they're, it's, Alex, Sam Altman Organizations: Service, Business, Companies, Humanity, Twitter, Google Locations: Germany, France, Kenya

☆ Amazon's 5-day office push may be the beginning of the end for remote working
▼ + stars: | 2024-09-22 | by ( Nora Redmond | ) www.businessinsider.com time to read: +4 min

Read previewAmazon is waving goodbye to remote work. Workers were previously told to come in at least three days a week, but Amazon seems eager to end pandemic-era habits. AdvertisementThe memo outlined extenuating circumstances such as illness, a household emergency, and the need to finish coding in a more isolated environment as scenarios when remote work may be permitted. Jones, however, does not believe this new requirement will spell the end of remote work. AdvertisementIn the context of globalization, she said, Amazon employees will still be working remotely with each other because they're based in different locations.

Persons: —, Andy Jassy, Jassy, Gemma Dale, Liverpool John Moores, Dale, Amanda Jones, Jones, Khaddage, Diab, it's Organizations: Service, Workers, Business, King's College London, Amazon, AM Bank Locations: Washington, Arlington , Virginia, Liverpool, Khaddage Bou, Diab

Learn moreLet us show you everything you need to know about where to watch a free Singapore F1 live stream wherever you are in the world. As also detailed in our season-long free F1 live stream guide, we can help you watch every race this season via similar options to today's. How to watch free Singapore F1 live streams with a VPNSign up for a VPN if you don't have one. How to watch Singapore F1 live stream in the USESPN is covering the remaining Formula 1 races this season. Check price at FuboHow to watch Singapore F1 live stream in the UKWant a free option?

Persons: Norris, he's, you'll, ExpressVPN, it's, FuboTV Organizations: Business, Singapore, Premier League, NFL, RTL2, ESPN, Sky Sports, Sky Locations: Singapore, ORF1, Austria, Belgium, Luxembourg, TV's

☆ My children are having a better, more fun childhood than I did. I think I'm jealous.
▼ + stars: | 2024-09-22 | by ( Joe Harless | ) www.businessinsider.com time to read: +5 min

Read previewA recent sleepover made me consider how different my childhood was compared to my children's. While my sleepovers were better than theirs, their experiences in other areas of their childhood seem much better. And while I'm happy they get to have those experiences, I'm also starting to get a little jealous. They don't have to spend hours at church like I didOf all the shared life experiences, church activity makes me the most envious. And it's nice to think that someday in the future, my oldest will be hesitant to let his kid mow the lawn, too.

Persons: —, Sleepovers, I'm, Trunchbull, I'd, they've, Zelda, That's Organizations: Service, Business, Disney, Methodist Locations: West Virginia, Orlando, Chattanooga, Asheville, North Carolina, Breckenridge

The Federal Reserve cut interest rates in its September meeting. With inflation starting to level off and the Fed cutting interest rates in its September 18 meeting, many experts believe rates have only just started dropping. After all, lower rates help consumers save when they borrow money, but they also translate to lower rates on savings accounts and money market accounts. For example, borrowing money at lower rates can make it easier to purchase a home, finance a car, or start a business. Lower interest rates can also help potential homebuyers buy a pricier home, since less of the mortgage payment they qualify for goes toward interest each month.

Persons: It's, Jennifer Beeston, it's, Beeston, Stephen Kates, Cliff Ambrose, Ambrose, Lawrence D, doesn't, Holly Johnson Freelance, Holly Johnson, Johnson Organizations: Federal Reserve, Savings, Apex Wealth, U.S . News, Club Locations: RetireGuide, U.S

☆ Park your cash in these 3 places to get higher yields than money-market funds as interest rates fall, according to Goldman Sachs
▼ + stars: | 2024-09-22 | by ( Christine Ji | ) www.businessinsider.com time to read: +6 min

3 trades for falling interest ratesFor investors concerned about the yield on their cash, one solution might be ultrashort bond funds. In the last 12 months, ultrashort bond funds have materially outperformed taxable money market funds, returning an average of 6.36% compared to 5.09% for money markets, according to Morningstar. McCarthy recommends investing in a mix of ultrashort securities such as investment-grade corporates, asset-backed securities, and government securities for diversification purposes. AdvertisementThe Nuveen Ultrashort Income ETF (NUSB) and the Goldman Sachs Access Ultrashort Bond ETF (GSST) are examples of ultrashort bond funds. Investors can gain exposure to premium income funds through the SPDR SSGA US Equity Premium Income ETF (SPIN) and JPMorgan Equity Premium Income ETF(JEPI).

Persons: —, Scott Diamond, Brendan McCarthy, Goldman Sachs, Morningstar, McCarthy, Diamond Organizations: Service, Federal Reserve, Equity, Business, Goldman Sachs Asset Management, Bond, Bond ETF, JPMorgan Ultrashort, Investors, JPMorgan Equity Locations: Treasurys

Russian intelligence services are building up their presence in Mexico for spy operations targeting the United States, a return to Cold War tactics by an increasingly aggressive regime, according to U.S. officials and former intelligence officers. The Mexican Embassy and the Russian Embassy did not respond to a request for comment. “Part of this is a function of the fact that so many Russian intelligence officers have been kicked out of Europe. Those are Russian intelligence personnel, and they keep an eye very closely on their opportunities to have influence on U.S. opportunities and access,” VanHerck said. Russian intelligence could conceivably also take advantage of Mexico’s proximity to target Putin’s political enemies inside the U.S., former intelligence officers said.

Persons: Biden, William Burns, ” Burns, ”, Vincenzo Circosta, “, Paul Kolbe, Glen VanHerck, ” VanHerck, Andrés Manuel López Obrador, Trotsky, —, ideologues, Leon Trotsky, Joseph Stalin, Vladimir Lenin, Ramon Mercader, John Sipher, ” Sipher, Christopher Boyce, Andrew Daulton Lee, Lee, Boyce, Harold “ Jim ” Nicholson, Hector Cabrera Fuentes, Fuentes, Douglas London, enforcement’s, Natalia Sedova's, Claudio Cruz, ” Kolbe Organizations: U.S, NBC News, Mexican Embassy, Russian Embassy, CIA, “, Kremlin, Getty, . Air Force, U.S . Northern Command, Senate Armed Services Committee, TRW, Soviet Embassy, Bettmann, Museum Locations: Mexico, United States, Russia, Mexico City, Moscow, Washington, Ukraine, Mexican, Russian, Europe, London, Pokrovsk, Donetsk Oblast, Anadolu, Balkans, U.S, “, Cuba, Soviet Union, Spanish, Los Angeles, Soviet, manacles, Seattle, surveilling, Miami, American, AFP, Colombia

☆ What Warren Buffett's recent moves say – and don’t say – about today’s market
▼ + stars: | 2024-09-21 | by ( Michael Santoli | ) www.cnbc.com time to read: +8 min

And so it is with Warren Buffett's Berkshire Hathaway slashing its holdings in Apple and Bank of America in recent months. Buffett himself has indicated in recent years that he doesn't see an abundance of compelling value on offer in the public markets. But this in itself isn't much of a clue about future market prospects or the macroeconomic moment. Borgato says he believes "Buffett wants to leave a Berkshire behind that requires [fewer] future cash allocation decisions, not more." I'm not a buyer of the "cash on the sidelines" case for expecting money market assets to drain into stocks.

Persons: –, Warren Buffett's Berkshire Hathaway, Buffett, Ed Borgato, it's, pare Berkshire's, Greg Abel, Berkshire Hathaway, BRK.B QUAL, Ajit Jain, Trump, Borgato, Jared Woodard Organizations: Apple, Bank of America, Bank of, Buffett, Berkshire, Berkshire Hathaway, Washington Locations: Berkshire's, Berkshire, Apple, –

☆ These stocks should benefit the most as the Fed keeps lowering rates, analysts say
▼ + stars: | 2024-09-21 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

These companies are expected to benefit from lower interest rates over the long haul, according to analysts. They include Western Alliance , Best Buy, Coca-Cola, Zillow , UPS and FedEx. The analyst said he sees Best Buy as a key beneficiary of lower interest rates in several ways. He noted that Best Buy continues to be a worthy competitor to e-commerce juggernaut Amazon, pointing to a recent pricing study the firm conducted. Meanwhile, Best Buy shares remain undervalued compared to those of its peers in the sector, Chukumba added.

Persons: Zillow, Jay McCanless, McCanless, Wells, Chris Carey, Carey, Coke bottlers, Morgan Stanley, Anthony Chukumba, Chukumba, FedEx — Goldman Sachs, — D.A, Davidson Organizations: Federal, CNBC, Western Alliance, UPS, FedEx, Software, —

☆ 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

☆ Michigan knocks off USC in classic Big Ten showdown: What this means for both teams
▼ + stars: | 2024-09-21 | by ( Antonio Morales | Austin Meek | ) www.nytimes.com time to read: +8 min

And the Wolverines did just enough of both to knock off USC 27-24 in the Trojans’ first-ever Big Ten game. “Whatever it takes to win.”Here are some takeaways from Michigan’s win. Michigan should feel goodIt wasn’t pretty, but Michigan did just enough to win a game few people thought it would win. This is the kind of result that can make a big difference in who plays for the Big Ten championship. Somehow, thanks to Mullings, Michigan found a way.

Persons: Antonio Morales, Austin Meek, Chris Vannini, Nick Baumgardner, Alex Orji, Mullings, Miller Moss, I’d, ” Orji, —, Colston Loveland, Orji, — Meek, John Humphrey, Kamari Ramsey, Moss, — Morales, hird, ike S, egan, ike, alf, eason —, eason, ange —, ise Organizations: Wolverines, USC, Trojans, Michigan, Michigan’s, Big, — Meek USC, Mullings Locations: Mich, Michigan, , Michigan, Mullings , Michigan

☆ A naming expert shares 22 names for babies born in the fall. She suggests getting inspiration from colors and fall traditions.
▼ + stars: | 2024-09-21 | by ( Kelly Burch | ) www.businessinsider.com time to read: +4 min

Some fall baby names are obvious. Take Autumn for example, which has been in the top 100 names for American baby girls since the late 1990s. AdvertisementThere are 22 fall baby names that will last a lifetime. Fall symbolsBeyond colors, you can draw naming inspiration from common fall symbols. Giving your fall baby an autumn-inspired name is a great way to pay homage to when they arrived.

Persons: —, Sophie Kihm, It's, Goldie, Goldie Hawn, Bruno, Rory, Radley, Opal, October's, September's, Harvey, Bowman, Archer, Otto, Toby, it's, Hazel, Oakley Organizations: Service, Business, Juniper Locations: Nameberry, Aurelia

☆ How this 'Bachelor' star turned reality TV fame into a small influencer fortune
▼ + stars: | 2024-09-21 | by ( Jessica Dickler | ) www.cnbc.com time to read: +4 min

Mari Pepin and Kenny Braasch got engaged on season 7 of "Bachelor in Paradise" and married in 2023. Pepin was a participant on "The Bachelor" season 25, which aired in 2021, and then returned for "Bachelor in Paradise" season 7 later that year. After "Bachelor in Paradise" aired and her following jumped, influencer opportunities followed. Mariela Pepin, who goes by Mari, was a contestant on "The Bachelor" season 25 and then "Bachelor in Paradise" season 7. Still, 57% of Gen Zers said they would like to become an influencer if given the chance, according to a 2023 report from Morning Consult.

Persons: Mari Pepin, Kenny Braasch, Pepin, Kenny Braasch's, Braasch, Mariela Pepin, Mari, influencers, Casey Lewis, Gen Zers, Lewis, Bankrate Organizations: Finance, Pepin, CNBC, Brands Locations: Chicago, U.S

☆ Residents of one European city just voted Airbnb out of their neighborhood
▼ + stars: | 2024-09-21 | by ( Dan Latu | ) www.businessinsider.com time to read: +3 min

Read previewResidents of a bustling neighborhood in downtown Budapest, Hungary, have voted to ban Airbnb-style rentals. The move comes as a growing list of European cities have cracked down or plan to levy restrictions on short-term vacation rentals. The mayor of Terézváros, Tamás Soproni, cheered the vote as a sign that residents were reclaiming the district. There are currently over 15,000 short-term rental listings in the city of Budapest, according to analytics site AirDNA. Terézváros' ban will need to be approved by Hungary's Parliament, but the national government has made it easier for local governments to hold these kinds of referendums on Airbnbs.

Persons: —, It's, Tamás Soproni, Soproni, Terézváros Organizations: Service, Business, Reuters Locations: Budapest, Hungary, Terézváros, Hungary's, Barcelona, Prague, Lisbon, Florence, Europe, New York City

☆ How the Sean ‘Diddy’ Combs indictment compares to the R. Kelly sexual abuse cases
▼ + stars: | 2024-09-21 | by ( Dakin Andone | ) edition.cnn.com time to read: +9 min

Combs, meanwhile, was indicted in the Southern District of New York on three counts: racketeering conspiracy, sex trafficking and transportation to engage in prostitution. Members of the enterprise also witnessed acts of violence by Combs against the victims, it says. It was unclear whether Ventura reported any of the allegations of abuse to police and a federal lawsuit was later settled. Court sketch of Sean "Diddy" Combs in federal appeals court Wednesday, Sept 18., presided over by Judge Andrew Carter. The indictment against Combs outlines a number of alleged victims, women and sex workers among them, but does not say how many there are.

Persons: Sean “ Diddy ” Combs, Robert Sylvester Kelly, Combs, ”, Nadia Shihata, Kelly, ” Kelly, –, ” Robert Sylvester Kelly, Ann M, Donnelly, Christine Cornell, John Miller, ” Miller, ” Combs, Neama Rahmani, Casandra, Cassie ” Ventura, Ventura, ” Rahmani, Sean, Diddy, Judge Andrew Carter, ” “ He’s, ” CNN’s Eric Levenson contirbuted Organizations: CNN, of, of Illinois, Areva Martin, United States, Intelligence, Homeland Security Investigations, Southern District, of New York, West Locations: New York City, Eastern, of New York, York, Southern, New York, Illinois

☆ Trailblazing Black trans singer Jackie Shane finally gets her due in Tennessee
▼ + stars: | 2024-09-20 | by ( Dan Allen | ) www.nbcnews.com time to read: +9 min

Hers is the most unconventional of success stories, but Jackie Shane wouldn’t have had it any other way. The memorial is especially significant for its setting in the capital of Tennessee, where trans rights have recently been targeted. A gifted young Nashville soul singer who saw too few opportunities for herself as a Black trans performer in the Jim Crow South of the late 1950s, Shane joined a traveling carnival. Jefferson Street in North Nashville on March 19. Flash forward to the 2010s, when a series of Canadian music connoisseurs rediscovered Shane and resurrected her career in absentia.

Persons: Jackie Shane wouldn’t, ”, Sarah Calise, Crys Matthews, Nashville Mayor Freddie O’Connell, Olivia Hill, ” Calise, Jackie Shane, Jim Crow, Shane, Seth Herald, William Bell’s “, “ Jackie, Lorenzo Washington, “, ” Shane, Jackie Shane Story, Michael Mabbott, Lucah Rosenberg, Lee, Elliot Page, ” Mabbott, could’ve, Mabbott, Jeff Goode, Jackie, Jason Kempin, ’, Museum Services Michael Gray, Washington, ’ ” Organizations: Nashville, Historical Commission, Nashville Mayor, NBC News, Getty, Jefferson Street Sound Museum, North Nashville . Washington, Toronto, Toronto Star, North Star, PageBoy Productions, Country Music Hall of Fame, Music Hall of Fame, Music, Museum Services, NBC Locations: Tennessee, city’s, Jefferson, North Nashville, Nashville, Black, AFP, Canada, Toronto, Los Angeles, North Nashville .

An American Airlines' Embraer E175LR (front), an American Airlines' Boeing 737 (C) and an American Airlines' Boeing 737 are seen parked at LaGuardia Airport in Queens, New York on May 24, 2024. American Airlines is in talks to make Citigroup its exclusive credit card partner, dropping rival issuer Barclays from a partnership that dates back to the airline's 2013 takeover of US Airways, said people with knowledge of the negotiations. Banks' co-brand deals with airlines, retailers and hotel chains are some of the most hotly contested negotiations in the industry. Carriers have said growth in card spending has far exceeded that of passenger revenue in recent years. While it says it has the largest loyalty program, American was out-earned by Delta there, which made nearly $7 billion in payments from its American Express card partnership last year, compared to $5.2 billion for American.

Persons: Banks Organizations: American Airlines, Embraer, Boeing, LaGuardia Airport, Citigroup, Barclays, US Airways, Consumer Financial Protection, Delta, American Express Locations: Queens , New York

☆ Fed's cutting cycle creates opportunities for global investors and EM
▼ + stars: | 2024-09-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFed's cutting cycle casts opportunities for global investors and emerging markets ex-China: FidelityJurrien Timmer of Fidelity Investments breaks down the benefits of the Fed's rate cut for global investors and emerging markets ex-China

Organizations: Fidelity, Fidelity Investments Locations: China

☆ Christie's CEO discusses expansion into vintage cars, the Middle East
▼ + stars: | 2024-09-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChristie's CEO discusses expansion into vintage cars, the Middle EastGuillaume Cerutti, CEO of Christie’s, discusses the auction house's recent acquisition of Gooding & Company, and opportunities in other key markets such as the Middle East & India.

Persons: Guillaume Cerutti Organizations: Gooding & Company Locations: East, India

☆ Mark Zuckerberg told his daughter she can't be Taylor Swift. A therapist said it's a great lesson for parents.
▼ + stars: | 2024-09-20 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +4 min

Read previewBetween her vulnerable songs and stadium shows that somehow still feel intimate, Taylor Swift has captured the hearts of so many around the world — not least young girls. In a recent interview for the podcast "Acquired," Zuckerberg recounted taking August to a Taylor Swift concert. That's not available to you,'" Zuckerberg told hosts Ben Gilbert and David Rosenthal. "His advice to his daughter to aspire to be herself, not Taylor Swift or some other icon, I do think it's an important reminder for all parents," Wright said. In a previous interview with CBS's Gayle King, Zuckerberg said he gives his kids chores such as loading the dishwasher.

Persons: —, Taylor Swift, Mark Zuckerberg's, August Chan Zuckerberg, Zuckerberg, Taylor, Swift, Ben Gilbert, David Rosenthal, Chan Zuckerberg, Annie Wright, Wright, Gen Zers, Gen Alphas, he's, CBS's Gayle King Organizations: Service, Business Locations: Maine

☆ Buffalo Bills fans can buy bonds to finance the team's new stadium
▼ + stars: | 2024-09-20 | by ( Jake Piazza | In | ) www.cnbc.com time to read: +2 min

Josh Allen, #17 of the Buffalo Bills, warms up prior to an NFL game against the Miami Dolphins at Hard Rock Stadium in Miami Gardens, Florida, on Sept. 12, 2024. It won't be an ordinary "Monday Night Football" gameday for Buffalo Bills fans next week. Erie County, where Buffalo sits, is selling the bonds to help fund half the $250 million it agreed to put up for the new stadium. The new stadium will be owned by the Erie County Stadium Corporation and the Bills will pay rent. The Buffalo Bills are 2-0 this season and take on the winless Jaguars on Monday night.

Persons: Josh Allen, Kevin Hardwick, Hardwick Organizations: Buffalo Bills, NFL, Miami Dolphins, Jacksonville Jaguars, Bills, Retail, Investments, CNBC's Official NFL, National Football League, Kansas City Chiefs, Erie, Stadium Corporation Locations: Miami Gardens , Florida, Orchard Park, Buffalo, Erie County, New York, Erie

☆ McDonald’s touchscreen kiosks were feared as job killers. Instead, something surprising happened
▼ + stars: | 2024-09-20 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +6 min

New York CNN —Self-service kiosks at McDonald’s and other fast-food chains have loomed as job killers since they were first rolled out 25 years ago. The kiosks show the unintended consequences of technology in fast-food and retail settings, including self-checkout. Chains are now experimenting with artificial intelligence at drive-thru lanes, and the experience with kiosks holds lessons for them. It raised a familiar refrain that those workers would be replaced by technology, such as self-service kiosks. Fast-food chains and retailers need to do a better job communicating what the potential benefits of kiosks and self-checkout are to consumers and employees, Andrews said.

Persons: New York CNN —, McDonald’s, Robert Lynch, you’ve, Eva Marie Uzcategui, ”, RJ Hottovy, ” Hottovy, — don’t, “, Ed Rensi, Christopher Andrews, Andrews Organizations: New, New York CNN, Subway, Starbucks, Shack, Bloomberg, Getty, Temple University, Labor Department, Drew University Locations: New York, McDonald’s, United States, California

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