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☆ Fed will pivot soon after 'tremendous' progress on inflation, says Wharton's Jeremy Siegel
▼ + stars: | 2022-10-25 | 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 will pivot soon after 'tremendous' progress on inflation, says Wharton's Jeremy SiegelJeremy Siegel, professor emeritus of finance at University of Pennsylvania's Wharton School of Business, joins 'Squawk Box' to discuss the performance of corporate earnings, progress on bringing down inflation, and core rates staying high.

☆ This chart shows just how out-of-control rent has gotten: The typical person has to work 64.2 hours just to pay rent — up from 56 hours just two years ago
▼ + stars: | 2022-10-25 | by ( Britney Nguyen | Madison Hoff | ) www.businessinsider.com time to read: +3 min

Demands for rental units are declining as housing costs soar with the price of essentials like food. The average renter in the US would have to work over 64 hours to afford rent, Zillow data shows. Phoenix, Orlando, and Las Vegas are among the metropolitan areas where demand is slowing the most. In metropolitan areas like Phoenix, Orlando, and Las Vegas, demand for rental units is slowing down the most, according to rental-data tracker RealPage. The good news, Tucker said, is that rent growth is "cooling off," and there are more rental homes that will be available.

☆ Warby Parker, once online-only eyeglasses retailer, plans hundreds of more stores
▼ + stars: | 2022-10-21 | by ( Barbara Collins | ) www.cnbc.com time to read: +5 min

Fighting back against these high price tags, Warby Parker marketed their frames, including lenses, starting at $95. Warby Parker works with more than 100 optometrists across the country and is making large investments into in-person exams. In 2019, more than 60% of Warby Parker transactions were taking place in-store. Gilboa said the optical labs allow Warby Parker to have tighter quality control, faster turnaround times and higher margins. Warby Parker first made its stock market debut in September 2021 through a direct listing as opposed to an IPO.

☆ Service inflation has lagged and it's distorting the Fed's view on inflation, says Wharton's Jeremy Siegel
▼ + stars: | 2022-10-20 | 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 EmailService inflation has lagged and it's distorting the Fed's view on inflation, says Wharton's Jeremy SiegelJeremy Siegel, Wharton School of Business professor, joins 'Closing Bell: Overtime' to discuss the Fed, inflation and its impact on the markets.

☆ Core CPI is not an accurate look at the core rate of inflation, says Wharton's Siegel
▼ + stars: | 2022-10-17 | 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 EmailCore CPI is not an accurate look at the core rate of inflation, says Wharton's SiegelJeremy Siegel, Wharton School of Business professor, joins 'Squawk Box' to discuss what happens to the U.S. economy after two 75 basis point rate hikes in November and December, if the Fed's policies have worked and more.

☆ With product innovation lagging, Silicon Valley bets on a fresh coat of paint
▼ + stars: | 2022-10-17 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +5 min

CNN Business —When Google unveiled its new Pixel 7 smartphone lineup earlier this month, the devices looked largely the same as the year prior. Google has also swapped the stormy black (a stormy black) option on the Pixel 6 for obsidian (still black) on the Pixel 7. The emphasis on a new color palette for devices isn’t unique to Google. Apple’s new iPhone 14 lineup comes in Starlight (a champagne color) and midnight (black), and the company has previously unveiled two shades of green (“green” and “alpine green”) and purple (“purple” and “deep purple”). “Color names that are descriptive but odd can spark positive reactions because the consumer likes being able to ‘solve the puzzle,’” she said.

☆ Jeremy Siegel: If the Fed waits for core inflation to hit 2%, it'll drive economy into depression
▼ + stars: | 2022-10-13 | 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 EmailJeremy Siegel: If the Fed waits for core inflation to hit 2%, it'll drive economy into depressionJeremy Siegel, professor at the Wharton School, joins 'Halftime Report' to discuss if today's CPI data vindicates those who believe inflation hasn't peaked, Siegel's thoughts around the housing market, and more.

☆ Wharton's Jeremy Siegel says today's biggest threat isn't inflation — it's recession
▼ + stars: | 2022-10-07 | by ( Abigail Ng | ) www.cnbc.com time to read: +2 min

Most of the inflation is behind us, and then the biggest threat is recession, not inflation, today. Jeremy Siegel Wharton professorOfficial data, which typically lags by a month, may not immediately show the changes happening in the real economy, he said. "Most of the inflation is behind us, and then the biggest threat is recession, not inflation, today." "I think that that is way, way too high — given the policy lags, that really would force a contraction," he said. "But my feeling is that when I look at sensitive commodity prices, asset prices, housing prices, even rental prices, I see declines, not increases," he said.

☆ Home cheat home: How real-estate agents are ripping off homebuyers
▼ + stars: | 2022-09-28 | by ( Mattathias Schwartz | ) www.businessinsider.com time to read: +20 min

The other day, Linda, the real-estate agent whom my wife and I used to buy our home, called me out of the blue. Real-estate agents, like doctors, are the friendly, knowledgeable face of a bewildering, price-gouging system. If Americans paid the same rate as the British, they would save more than $72 billion a year in real-estate commissions. The potential for big money, in turn, has led more and more Americans to become real-estate agents. Every dollar that is paid out in a real-estate transaction — to sellers, agents, inspectors, insurers, and the IRS — comes from you, the buyer.

☆ Switzerland beats the US, Canada, and Germany to be named the world's best country, after winning praise for its business-friendly culture, analysis shows
▼ + stars: | 2022-09-27 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Switzerland is the best country in the world, according to a US News & World Report analysis. The analysis was created in partnership with the Wharton School of the University of Pennsylvania. The nation was ranked highly for its quality of life and voted the most business-friendly country in the world. The country ranked highly for cultural influence and entrepreneurship and was voted the most powerful country in the world. To create the rankings, US News partnered with the Wharton School of the University of Pennsylvania.

☆ The dollar is showing how tight the Fed actually is, says Wharton's Jeremy Siegel
▼ + stars: | 2022-09-26 | 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 EmailThe dollar is showing how tight the Fed actually is, says Wharton's Jeremy SiegelJeremy Siegel, professor at the Wharton School, joins 'Squawk Box' to discuss the risks involved as the Fed is aggressively increasing rates to tame inflation.

☆ From Dr. Oz to Hillary Clinton, a tour of 'carpetbagging' politicians past and present
▼ + stars: | 2022-09-23 | by ( Hanna Kang | ) www.businessinsider.com time to read: +2 min

Formerly the host of the Emmy award-winning "The Dr. Oz Show" and an attending physician at the New York Presbyterian-Columbia Medical Center, Oz — known by his TV moniker Dr. Oz — is the Republican candidate for Pennsylvania's US Senate race. John Fetterman, a Democrat, says Oz is trying to buy himself a Senate seat from out-of-state. Fetterman, who holds a 13-point lead over Trump-backed Oz in the state's open-seat Senate race, has criticized Oz as a carpetbagger from neighboring New Jersey, even using an aerial banner that read, "Hey Dr. Oz, Welcome Home to NJ!" He also enlisted the help of reality TV star Nicole Elizabeth LaValle — better known as "Snooki" — to mock Oz for his ties to New Jersey. According to the New York Observer, Oz, a longtime New Jersey resident, has been active in his local Republican Party in New Jersey for several years.

☆ Watch CNBC's full interview with Wharton's Jeremy Siegel
▼ + stars: | 2022-09-23 | 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 EmailWatch CNBC's full interview with Wharton's Jeremy SiegelJeremy Siegel, professor at the Wharton School, joins the 'Halftime Report' to discuss the Fed's decision to raise rates after commodity and asset price dip, arguing that the Fed is oversteering and overlooking data that the economy is slowing.

☆ Calling it poor monetary policy is an understatement, Says Prof. Jeremy Siegel on Fed hikes
▼ + stars: | 2022-09-23 | 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 EmailCalling it poor monetary policy is an understatement, Says Prof. Jeremy Siegel on Fed hikesJeremy Siegel, professor at the Wharton School, joins the 'Halftime Report' to discuss the Fed's decision to raise rates after commodity and asset price dip, arguing that the Fed is oversteering and overlooking data that the economy is slowing.

☆ The ultimate guide to building a successful side hustle: How to turn a dream into a moneymaking reality
▼ + stars: | 2022-08-11 | by ( Alexandra York | ) www.businessinsider.com time to read: +9 min

Like many people during the pandemic, Davis reallocated the time she'd typically spent commuting home to building her side hustle. Davis' handbag company netted $14,000 in sales in its first four months in business, which Insider verified with documentation. Another entrepreneur, Lisa Andrea, regularly books $8,000 in revenue a month from her side hustle, The Financial Cookbook, which Insider also verified with documentation. Leveraging expertise, as Andrea did with financial coaching, is one way entrepreneurs can start a side hustle and balance risk versus reward. Courtesy of Courtney McWilliamsSet boundaries when establishing work schedulesFor some entrepreneurs, a side hustle is a way to build a new 9-to-5 career.

☆ Meta's limits on employee abortion conversations could easily backfire. Here's what leaders should do instead.
▼ + stars: | 2022-07-06 | by ( Marguerite Ward | ) www.businessinsider.com time to read: +8 min

Meta is limiting employee conversations about abortion on its internal platforms. The policy at Meta removes public employee posts on the company's internal platform with keywords like "abortion" and "Roe v Wade." Meta allows employees to talk about the topic only in private forums with up to 20 people, the Times said. The tech behemoth isn't the first company to monitor and control employee conversation around political issues and face pushback for it. Hasnas said that a company shouldn't single out one issue as being off limits, and that all political issues require consistency.

☆ A youth mental-health crisis is crushing working parents — and employers need to pay attention.
▼ + stars: | 2022-04-13 | by ( Rebecca Knight | ) www.businessinsider.com time to read: +9 min

The upshot: Today's working parents are under enormous pressure, and their stress has quickly gone from leaking into their professional life to crashing through the floodgates. It's up to employers, experts say, to help working parents manage their priorities and offer flexibility to face this daunting reality. Recognizing the pressures that exist for working parents right now is a good starting point. Importantly, she said, working parents need to be self-compassionate. "What our children need from us changes, and the roles we need to play for them change," she said.

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