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Dollar firm following sharp rebound as Fed speakers eyed
  + stars: | 2024-09-26 | by ( ) www.cnbc.com   time to read: +4 min
Earlier this week, Chicago Fed President Austan Goolsbee said policymakers "can't be behind the curve" if the economy is to have a soft landing. Atlanta Fed President Raphael Bostic said the central bank needn't go on a "mad dash" to lower rates. Later Thursday, Fed Chair Jerome Powell gives pre-recorded remarks at a conference in New York, where New York Fed President John Williams also speaks. Boston Fed President Susan Collins and Fed Governors Michelle Bowman and Lisa Cook take to the podium at various other venues as well. Minutes from the Bank of Japan's July meeting, when the central bank raised short-term interest rates, showed policymakers were divided on how quickly the central bank should raise interest rates further.
Persons: Adriana Kugler, Austan Goolsbee, Raphael Bostic, I'm, it's, Kenneth Crompton, Jerome Powell, John Williams, Susan Collins, Michelle Bowman, Lisa Cook, NAB's Crompton, Sterling, bitcoin Organizations: Reserve, Fed, Chicago Fed, Atlanta Fed, National Australia Bank, New York Fed, Boston, Weekly U.S, Traders, Bank of Japan's, Swiss Locations: New York
Read previewAs the former VP of HR at Microsoft and now an advisor to executives worldwide, I see imposter syndrome daily. Are you not very good at your job or is it just the imposter syndrome talking? How can you tell if your self-doubt — often that debilitating imposter syndrome — is justified? If you're getting good reviews, that almost always means you're doing good work. AdvertisementRereading your reviews can bolster your self-esteem and combat looming imposter syndrome.
Persons: , Bill Gates, Steve Ballmer, I've, they're, wouldn't Organizations: Service, Microsoft, Business
Read previewEarlier this month, a spokesperson for Turkey's ruling AK Party said that a process was "underway" for Turkey to join the BRICS group of emerging-market nations. He now appears to be seeking to maintain what experts have dubbed a "balancing act" between its relations with the West, Russia, and China. "Even if Turkey does join BRICS, I do not believe it is going to lead to a fundamental redefinition of Turkey's relationship with the West." Advertisement"Understanding and collaborating with Turkey's perspective can enhance US and NATO relations with Turkey, irrespective of potential administrative changes in Ankara," Can wrote in an article for the Wilson Center. For its part, the US has remained relatively quiet following the news that Turkey's BRICS ambitions may be inching forward, which Aydintaşbaş said was likely a savvy move aimed at avoiding a public dispute.
Persons: , Omer Celik, Tayyip Erdoğan's, Aydintaşbaş, Erdogan, Bulent Aliriza, Yusuf, Aliriza, there's, Turkey's Organizations: Service, AK Party, Reuters, Business, United, Saudi, NATO, EU, West, Brookings Institution, Russia, China, Eurasia Program, Center for Strategic, International Studies, Middle, Wilson Center, Wilson, of Europe, France Locations: Turkey, Ankara, Turkish, Brazil, Russia, India, China, South Africa, Ethiopia, Iran, Egypt, United Arab Emirates, Saudi Arabia, Ukraine, United States, Europe, France, West, Russian, U.S, Washington, Kazan
But for few has its pursuit been more complicated than for the elite career women Byars strives to help. AdvertisementWhen she finally felt ready to go back to corporate life, she looked for a more sustainable way to pursue professional success. The issue with high-achieving women, Byars says, is they focus on meeting only two of those needs — security (money) and esteem — while neglecting the rest. When the clients cry, it's mostly related to the need Byars says is the trickiest to meet: esteem. But if you're a woman with four kids and a senior-level corporate job, is there really any amount of mindset shifting you can do to avoid burnout?
Persons: Erin, She's, I've, Erin needn't, They've, Kathleen Byars, Byars, Kate, there's, Mary Kay, Scott, , Ali, she's, that's, Erin interjects, Let's, I'm, They're, they're, she'll, Kiersten, We're, it's, It's, LeAnn Rimes, isn't, Erin's, strum, Aki Ito Organizations: Virgin, Goodlife Institute, CWU, Habitat, Humanity, BI, Business Locations: Nashville, I'm, Dallas, Chile, CWU, Byars
"If I don't want to attend an event, I just say, 'I appreciate the invitation, but I'll have to pass," says Diane Gottsman, a national etiquette expert and founder of the Protocol School of Texas. If it's an opulent destination wedding that's out of your price range, you're fine sending your regrets along with a gift off the registry, Gottsman says. "You simply don't have to take every invitation that's offered to you," she says. That said, if you're constantly turning down plans to the point where you're not seeing certain people, you're not going to remain friends for long. If they insist, you're within the boundaries of good etiquette to let them pay, Gottsman says, "because at that point, they're being sincerely emphatic."
Persons: overspend, Diane Gottsman, Thomas Farley, Mister Manners, Gottsman, that's, Farley, they're Organizations: Protocol, of Texas
Indian Prime Minister Narendra Modi gestures, at the Bharatiya Janata Party (BJP) headquarters in New Delhi, India, June 4, 2024. Adnan Abidi | ReutersThis report is from this week's CNBC's "Inside India" newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Far from rewarding Prime Minister Narendra Modi's party with a supermajority — as polls had predicted — Indians elected 240 BJP lawmakers to India's 543-seat Parliament, which falls short of a simple majority for Modi's party. However, as the largest party, the BJP will form a coalition government thanks to its alliance with smaller parties ahead of the elections. This "radical transformation" is expected to lead to a significantly more efficient economy and help India's currency, according to Sullivan.
Persons: Narendra Modi, Adnan Abidi, Narendra Modi's, Modi, Gavekal, Tom Miller, Udith Sikand, Malcolm Dorson, Aastha Gudwani, who's, India's, Morgan, Ridham Desai, Will, Goldman Sachs, Abhiram Eleswarapu, Eleswarapu, Tanvir Gill, Sri Jegarajah, Sumathi Bala, Seema Mody, Amala Balakrishner, Vinay Dube, could've, James Sullivan, Sullivan Organizations: Indian, Bharatiya Janata Party, BJP, Reuters, CNBC, Global, of America, Gavekal Research, India Active, BNP, CNBC Pro, JPMorgan, U.S . Federal Locations: New Delhi, India, CNBC's
According to the CCP's plan, by 2020, China was supposed to have "achieved iconic advances in AI models and methods, core devices, high-end equipment, and foundational software." Censorship requirements may slow China's AI development and limit the commercialization of domestic models, but they will not stop Beijing from benefiting from AI where it sees fit. We're not seeing a huge gap between the models Chinese companies have been able to roll out. The current price war is a race to the bottom, similar to what we've seen in the Chinese technology space before. A race to the bottom may simply beggar China's AI ecosystem.
Persons: Xi Jinping, China doesn't, there's, Beijing's, Reva Goujon, We're, It's, ChatGPT, Xie Huanchi, couldn't, you'll, , Kenneth DeWoskin, it's, Matt Sheehan, they're, chatbot, Sheehan, Ernie Bot, There's, Alibaba, ByteDance's, Paul Triolo, Albright, we've, haven't, DeWoskin, Sam Altman, Elon Musk Organizations: Chinese Communist Party, CCP, Intelligence, Cyberspace Administration, Getty, Freedom, University of Michigan, Deloitte, CAC, Carnegie Endowment, International Peace, Baidu, Bloomberg, Companies, Brookings Institution, Beijing, The Commerce Department Locations: China, Beijing, China's, Hong Kong, Xinhua, , Washington, Brussels, Berlin, Taiwan, US, Xinjiang
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Some of the women had been adventuring their whole lives, while it took others a little longer — but all of them were active, healthy, and happy. Related storiesPaul shared three things she learned about healthy aging while researching her book. Being in nature has a range of health benefits82-year-old Louise Wholey, who Paul interviewed for her book, scuba diving. Advertisement"You don't have to wing walk, you don't have to scuba dive.
Persons: , Caroline Paul, Shawn Brokemond, Paul, needn't, Louise Wholey, it's, Heidi, Dacher Keltner Organizations: Service, El, Business, Bloomsbury Publishing, University of Massachusetts, University of California, New Locations: Yosemite, El Capitan, New Yorker
I went from a stay-at-home mom to a working momAs a stay-at-home mom when my older kids were little, I lived and breathed all things motherhood. She arrived home to her grandmother and two older sisters, who were already well into their stacks of homework. AdvertisementLynnette Lyons had her youngest daughter when she was 38, and her older daughters in her early 30s. But, spread so thin, I didn't realize my older kids' demands on my time had caused the baby of the family to feel like an afterthought. AdvertisementI recently asked if she remembered being excluded from the family game night; she said she did, but didn't hold a grudge.
Persons: I'd, I've, guiltily, Lynnette Lyons, Dale Berman, She's Organizations: Service, Business
The S & P 500 rose 24% in 2023, ending the year just shy of a record closing high. The highest S & P 500 target on the Street calls for 8.7% upside from Thursday's close. A fund with exposure to small and midcap semiconductor stocks is the SPDR S & P Semiconductor ETF (XSD) . Exposure to this space can be obtained through the SPDR S & P Health Care Equipment ETF (XHE) . For these investors, Bailey likes Berkshire Hathaway , calling it a counter-cyclical sitting on a ton of cash.
Persons: Larry Adam, Raymond James, Robert Kaplan, Steven Wieting, Wieting, there's, Mike Bailey, — Bailey, Bailey, They're, Berkshire Hathaway, Eli Lilly, they're, Jack Ablin, Ablin, Rowe Price Organizations: Nasdaq, Dow Jones Industrial, CNBC Pro's, Survey, National Association for Business Economics, Dallas Federal, CNBC, Bank of America, Fed, CNBC Pro, Citi Global Wealth, Nvidia, Meta, Microsoft, P Semiconductor, P Health Care, FBB Capital Partners, Corporate, Aggregate Bond, Berkshire, Essex Property Trust, Federal Realty Trust, Rowe Price Group Locations: Essex
I eventually came out to my daughter, who accepted me immediately. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAnyone with children can tell you that navigating a relationship with a burgeoning teenager can be tricky — even under the best circumstances. They wanted to know how they could support me and wanted me to know I was loved. AdvertisementOur bond has strengthened since I came outSince I told Mia about my transition, our bond has only strengthened.
Persons: , Mia, Priscilla —, I've, She'd, Priscilla Organizations: Service
But employees of the Polish company PhotoAid needn't bother. The company, which helps travelers take their own passport photos at home, allows its employees to stay at an apartment in Spain for free — provided they work while they're there. Employees can stay up to three weeks at a time at the Tenerife apartment and can visit as many times as they like. How the 'workcations' workPhotoAid is a small company with a young workforce, so most employees don't have children, said Mlodzki. Source: PhotoAid
Persons: PhotoAid, Rafal Mlodzki, Mlodzki, Marcin, Tomasz Mlodzki —, , Aleksandra Staromiejska, Staromiejska, Michel Jonca Organizations: Employees, CNBC Travel Locations: Spain, Tenerife, Canary Islands, Morocco, Warsaw, Tenerife's, Santa Cruz de Tenerife, vermouth, Workation, Macizo, Poland
UKRAINE DIVERSIONReuters spoke to around a half dozen Czech and Polish defence companies and government officials who described renewed efforts to carve out a bigger share of the African arms market as the Ukraine conflict diverts Russia's attention. Privately-held defence and civil manufacturing company Czechoslovak Group - the biggest Czech defence company - said its ability to maintain and modernize armoured vehicles using Soviet-era standards has helped it win business in Africa. ...in Poland where our stand was visited by numerous delegations from African countries that appeared here for the first time," WB Group spokesman Remigiusz Wilk said. The effort to supply Ukraine has pushed Czech companies to boost production and expand supply lines, something Czech-based independent defence analyst Lukas Visingr said has burnished the region's reputation. "The Czech arms industry is stepping up its efforts towards certain African countries still using Soviet-style equipment but who start to see Russia as a problematic supplier," Visingr said.
Persons: David W Cerny, Jiri Hynek, Filip Kulstrunk, Andrej Cirtek, Pieter Wezeman, Sebastian Chwalek, , Remigiusz Wilk, Petr Fiala, Tomas Pojar, Tomas Kopecny, Kopecny, Lukas Visingr, Visingr, Michael Kahn, Anna Koper, Alex Richardson Organizations: Aero Vodochody, REUTERS, Western, Central, Russia Czech, Defence, Western NATO, Warsaw, Defence and Security Industry Association of, Reuters, Aero, Privately, Czechoslovak Group, CSG, Stockholm International Peace Research Institute, WB Group, WB, Ivory, Thomson Locations: Odolena Voda, Czech Republic, Russia, Africa, PRAGUE, WARSAW, European, Western, Czechoslovakia, Czech, UKRAINE, Polish, Ukraine, Stockholm, China, Saharan Africa, Poland's, Poland, Ethiopia, Kenya, Ghana, Prague, Mozambique
The Minnesota Vikings and the Las Vegas Raiders are proof that major midseason upheaval doesn't necessarily mean it's time to start aiming for the draft instead of the playoffs. I know what it was like to learn this in three weeks and have to get on the field," Risner said. “I know a lot of nicknames per se, but name names, that’s for this week, that’s the assignment for this week," he said. The Raiders became the first team since 2009 to score fewer than 20 points on offense in each of the first eight games of the season. “So if that’s the case," Gronkowski said, "I think Josh McDaniels comes back as offensive coordinator in New England, that’s for sure.”There'd be no Brady waiting for him this time.
Persons: Kirk Cousins, Joshua Dobbs, Jaren Hall, Dalton Risner, , bro, Risner, Dobbs, Antonio Pierce's, Josh McDaniels, Pierce, McDaniels, Davante Adams, he'd, I’ve, Dave Ziegler, Mick Lombardi, Jimmy Garoppolo, Bill Belichick's, Tom Brady, Belichick, Brady, Al Groh, Bill O'Brien, Nick Saban, Brian Flores, Brian Daboll, Joe Judge, Matt Patricia, Romeo Crennel, Eric Mangini, Derek Carr, Tyson Bagent, Jay Glazer, Glazer, Rich, Jon Gruden, Billy O’Brien, , Rob Gronkowski, Adams, O'Brien, Gronkowski, that’s, There'd, Dave Campbell, Mark Anderson, ___ Organizations: Minnesota Vikings, Las Vegas Raiders, Vikings, Atlanta, Minnesota, AFC, New York Giants, Giants, Raiders, NFL, Jets, Texans, Dolphins, Las, Super, Las Vegas, Chicago, Detroit, Fox Sports, Patriots, Penn State, AP Pro Football, AP Locations: Arizona, New England, Las Vegas, Denver, New Orleans, Garoppolo, Las
The US needs to rein in its $1.5 trillion budget deficit, Nobel economist Paul Krugman said. Policymakers can do that either by hiking taxes or slashing spending on social programs. AdvertisementAdvertisementThe US needs to deal with its soaring budget deficit, but the only options available for it to do so mean that it probably won't, according to Nobel laureate Paul Krugman. That's because the two paths to getting the deficit under control are: slash spending on social programs, or raise taxes. Meanwhile, the government can narrow the deficit by dialing back some of its welfare programs, like Social Security, or by raising taxes.
Persons: Paul Krugman, , That's, Krugman, Krugman doesn't, Goldman Sachs Organizations: Service, New York Times, Social Security, Organization for Economic Co
It's worth noting the difference in phrasing I'm using here: bad managers vs. great leaders. They may have the title, but all the best work gets done when everyone works together — themselves included. The best leaders make everything all about the objective — not about titles and rank, not about you or me, but about the shared goal. Great leaders work hard to make the whole greater than the sum of the parts. Here, too, great leaders recognize the power of their positions.
Persons: Chris Williams, Williams, I've, , who's, isn't, Patience, they've, Candor, they're Organizations: Microsoft, Service, Navy, Team, asker Locations: Wall, Silicon
China's economy is turning into a big black blob. This is happening because Xi's China is one that puts ideology before economic growth. Not because the reforms weren't working, but because the China they were creating is not the one Xi wants to see. Even as the main drivers of China's economy stumble, there will be no direct support to help households power through this fragile period. Known unknownsTransparency in China's economic data has always moved the same cycles as its politics.
Persons: , Xi Jinping, it's, Charlene Chu, Xi, who've, It's, Chu, Fan Zhang, Zhang, Xie Huanchi, thegovernment, Victor Shih, Ministry of State Security —, isn't, Shih, Linette Lopez Organizations: Communist, Autonomous Research, Nike, Starbucks, CCP, National Bureau of Statistics, Custom, J Capital Research, Study Times, Getty, World Trade Organization, Century China Center, University of California, Communist Party, Ministry of State Security, Beijing Locations: China, COVID, Xinhua, University of California San Diego, Beijing
Go with a growth mindsetPrior to ChatGPT's public launch, most managers had minimal experience using generative AI. That changed quickly as some businesses — including IBM — suggested that managers start using AI or risk losing their jobs. The better question for leaders is, "Do I believe I can learn to leverage generative AI in a productive way?" We are seeing this at an organizational level with AI, as some leaders put the brakes on using generative AI, based in part on perception of an AI-related skills gap among employees and the challenge of filling that. The conclusion here is that to get the best of generative AI, don't play into a dictator-servant relationship.
Persons: Leigh Thompson, Thompson, I've, IBM —, Carol Dweck's, Siri, Phil Zimbardo's, , ChatGPT Organizations: Kellogg School of Management, Northwestern University, IBM, Alexa, Research, Stanford
But DeSantis 2024 campaign polling shows it could help him with Republican voters in a primary. Ryan Tyson, pollster for the campaign, found the company was deeply unpopular among Republicans primary, according to findings shared with The Messenger. "The campaign thinks this is a very good issue for primary voters," Dan Eberhart, CEO of drilling services company Canary, LLC, told Insider. Neither campaign responded to a query from Insider addressing whether they had polling that conflicted with the DeSantis campaign findings. When combining this week's calling efforts with online donations, the DeSantis campaign raised $8.2 million in the fist 24 hours of the campaign.
CNBC Daily Open: Unrest in Elon Musk's empire
  + stars: | 2023-04-21 | by ( Yeo Boon Ping | ) www.cnbc.com   time to read: +2 min
Tesla CEO Elon Musk speaks during the official opening of the new Tesla electric car manufacturing plant on March 22, 2022 near Gruenheide, Germany. This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Worries over shrinking margins despite companies beating revenue expectations are plaguing most investors — other than Musk and Wood, that is. Subscribe here to get this report sent directly to your inbox each morning before markets open.
CNBC Daily Open: It’s all about Elon Musk
  + stars: | 2023-04-21 | by ( Yeo Boon Ping | ) www.cnbc.com   time to read: +3 min
Tesla CEO Elon Musk attends the start of the production at Tesla's "Gigafactory" on March 22, 2022 in Gruenheide, southeast of Berlin. This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Which might be a good summary of Twitter, Musk's most contentious company — but investors needn't worry about it since Musk has taken it private, anyway. Subscribe here to get this report sent directly to your inbox each morning before markets open.
Many consumers and business owners need laptops that can serve their home and work needs. Instead, we need to find the right balance, as we often need our devices to pull double or even triple duty: carrying out work, home use, and gaming. The Alienware m15 R7 Gaming Laptop boasts extra thin dual fans that ensure the laptop won't overheat, smooth and vivid graphics, and immersive sound. For gamers who want less of the frills, but the same thrills that Alienware promises, look to Dell's G Series gaming laptops. The G15 Gaming Laptop offers smooth graphics, speedy loading times, and a Game Shift mode that boosts its fan speed with the push of a few buttons.
Austin made $20,000 a month by herself on Fiverr before hiring freelancers to help meet the demand. I started freelancing on Fiverr right before the pandemic hit and made $1.7 million in revenue over the following 17 months. Freelancers who see increasingly sophisticated AI content as an opportunity, not a threat, will come out on top this year. We're still unsure whether Google will rank or penalize AI content — something that will ultimately define its success. But, as with any quickly developing industry shift, freelancers must stay agile and informed to react, adapt, and take advantage of the unfolding changes.
But employee benefits costs? Ask employees what they're missingYou may think your employees are satisfied with the benefits you offer, but it's worth investigating if that's still true. Add access as an employee benefitLet's say there's a potential benefit your employees want, but it's outside your employee benefits budget. "For example, maybe they just want to buy extra life insurance," Schelhaas said. Insurance products issued by Principal National Life Insurance Co (except in NY) and Principal Life Insurance Company®.
[1/2] Director Shaunak Sen, whose documentary ''All That Breathes'' is BAFTA and Oscar nominated, poses for a photograph during an interview with Reuters in London, Britain January 30, 2023. REUTERS/Ben MakoriLONDON, Feb 13 (Reuters) - Indian director Shaunak Sen knew he had something special when making BAFTA and Oscar nominated documentary "All That Breathes", but the 35-year-old filmmaker said it "barely... correlates with the scale" of the recognition he is getting. I also feel overwhelmed," he told Reuters of his awards and nominations. "I haven't got my bearings right yet because this means that the coordinates of life have shifted somewhat, I imagine." Sen hopes this "entanglement of human and non-human life" offers a "valuable lesson".
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