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"This is not a good moment for American diplomacy," said William Kirby, a professor of Chinese studies at Harvard University. A source familiar with that conversation called it the most antagonistic U.S.-China engagement since contentious talks in Alaska early in the Biden administration. Name me one," Biden said in his speech, evidently referring to a host of domestic and foreign policy challenges facing China. However, Biden is likely to find Xi emboldened in any call after a Chinese-brokered rapprochement between Saudi Arabia and Iran and his meetings with Putin. Reporting by David Brunnstrom and Michael Martina Editing by Don Durfee and Alistair BellOur Standards: The Thomson Reuters Trust Principles.

☆ Follow this rule of thumb to avoid taking on too much student debt, college experts say
▼ + stars: | 2023-03-24 | by ( Annie Nova | ) www.cnbc.com time to read: +1 min

As students weigh where to attend, making sure they won't borrow too much is key, experts say. The consequences of taking on too much student debt can be severe. "You may also have to take a job that pays better as opposed to the job that matches your career goals." Kantrowitz found in his research that under a third of student loan borrowers who took out $20,000 or less were stressed by their debt, compared with over 60% of those who'd taken out $100,000 or more. "If your total student loan debt at graduation is less than your annual starting salary, you should be able to repay your loans in 10 years or less," he said.

☆ I got my first TV writing job at 55. It was hard being the oldest person in the room — but I'm glad I never gave up.
▼ + stars: | 2023-03-23 | by ( Eboni Boykin-Patterson | ) www.businessinsider.com time to read: +8 min

Writing what he knew and making personal connections ultimately led to his first TV job at age 55. I've been working towards a TV writing job for a few years, but I've always wanted to write for the screen. I got the job sort of out of the blueThe way I got my first writing job was through a 20-year-old relationship. She was really, really complimentary. As we were taking the class, they were going around the room and each person said what scared them the most about being a TV writer.

☆ CNBC Daily Open: Jerome Powell flipped the script
▼ + stars: | 2023-03-23 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. The last few Federal Open Markets Committee meetings have followed a pattern. Markets had expected a hike of 25 basis points, and that's what they got. Indeed, Quincy Krosby, chief global strategist of LPL Financial, noted "markets are responding well to the expected 25 basis points rate hike." Subscribe here to get this report sent directly to your inbox each morning before markets open.

☆ CNBC Daily Open: Powell flipped the script
▼ + stars: | 2023-03-23 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Jerome Powell, chairman of the US Federal Reserve, exits following a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, DC, US, on Wednesday, March 22, 2023. 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. The last few Federal Open Markets Committee meetings have followed a pattern. Subscribe here to get this report sent directly to your inbox each morning before markets open.

☆ Elon Musk jokes ChatGPT 'couldn't do worse' than Jerome Powell as he slams the Fed's latest rate hike
▼ + stars: | 2023-03-23 | by ( George Glover | ) www.businessinsider.com time to read: +3 min

Elon Musk has slammed the Federal Reserve again after it decided to keep hiking interest rates. Musk warned the Fed's latest decision could make the US regional banking crisis worse. "A major driver of depositor flight is people moving money from low interest savings accounts to high interest money market (Treasury Bill) accounts," Musk said. Bond yields tend to rise when the Fed lifts interest rates, making money market accounts more attractive. He's noted that higher interest rates bump up monthly car-loan payments, effectively making it more expensice to buy vehicles.

☆ I'm a tech worker whose job offer got rescinded. Looking back, I might have overlooked some red flags about the company.
▼ + stars: | 2023-03-22 | by ( Rebecca Knight | ) www.businessinsider.com time to read: +6 min

Looking back, he said that he'd missed or overlooked some red flags about the company. Looking back on the experience, I realize there were some red flags that maybe I'd missed or overlooked. After a layoff, a 'promising' job leadI got let go from my last job in tech right before Thanksgiving. Needless to say, I was surprised when the recruiter wanted me to take a standardized assessment. I'm lucky to be staying with my family right now — I'm so glad I don't have kids or a mortgage.

☆ Why Goldman Sachs alumni are being hoovered up by elite hedge funds like Citadel and Millennium
▼ + stars: | 2023-03-21 | by ( Alex Morrell | ) www.businessinsider.com time to read: +14 min

In November, one of the world's most consequential hedge funds announced a shake-up at the top of its power structure. In an internal memo, the founder of Millennium Management, Izzy Englander, said that Bobby Jain would be vacating the co-CIO role. "You can't readily find that managerial experience at other hedge funds and Goldman is a perfect place to look for those people." 8 former Goldman Sachs leaders are now Millennium execsEnglander isn't alone — firms rarely are in the copycat world of multistrats. In a statement to Insider, Abbey Collins, a spokesperson for Goldman Sachs, said, "Goldman Sachs has always been and remains a talent magnet.

☆ Amazon is laying off another 9,000 employees — read the email CEO Andy Jassy sent to staff
▼ + stars: | 2023-03-20 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +8 min

Amazon is laying off another 9,000 employees. CEO Andy Jassy said the additional cuts weren't announced sooner because some teams hadn't finished their cost-cutting analysis. The layoffs will come on top of the cuts to 18,000 positions that the company disclosed in January. It also "led to new openings where we don't have the right skills match from our existing team members," Jassy wrote. The company is planning to conduct "limited hiring" in areas it is focusing on, he said.

☆ Blackface, booze, and blurred lines at the $2 billion tech firm Rokt
▼ + stars: | 2023-03-16 | by ( Jack Newsham | Madeline Stone | ) www.businessinsider.com time to read: +25 min

A cropped version of an image shared with Rokt employees at the 2020 meeting. Buchanan told Insider. "We think it's important that we stand up and fight it," he told Insider when asked about that message. In an email, Viles told Insider that he hasn't had any day-to-day involvement with Rokt since 2020, when he did some contract work. Mert Alper Dervis/Anadolu Agency via Getty ImagesOne employee told Insider they were encouraged to post the photos and proclaim 2023 to be Rokt's "best year yet."

☆ Don't buy a backyard chicken to combat inflation
▼ + stars: | 2023-03-14 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +8 min

More people are turning to backyard chickens, but experts warn it's not as easy or cheap as it seems. Earlier this year, The New York Times, Insider, and others wrote about people turning to backyard chickens to address inflation. Some people are buying backyard chickens to combat eggflation. Some think they are buying hens and end up with roostersAnother challenge with buying backyard chickens is that you may unintentionally end up with a rooster. She tries to discourage people from buying backyard chickens on a whim, to avoid having more roosters with nowhere they can go.

☆ Here’s the inflation breakdown for February — in one chart
▼ + stars: | 2023-03-14 | by ( Greg Iacurci | ) www.cnbc.com time to read: +3 min

Overall inflation has moderated from June's pandemic-era peak over 9% but remains higher than any point since the 1980s. watch now"The pervasiveness of inflation is an ongoing issue," said Greg McBride, chief financial analyst at Bankrate. Inflation a byproduct of supply, demand imbalancesConsumer prices began rising at a rapid pace in early 2021 as the U.S. economy started to reopen after the pandemic-related shutdown. Goods inflation has retreated but has since spread to the services sector largely due to business' high demand for workers, economists said. The Fed is trying to manufacture a so-called "soft landing," whereby by inflation slows but the economy doesn't tip into a recession.

☆ Think your house is haunted and want out? Author Grady Hendrix has ideas on how to sell it
▼ + stars: | 2023-03-12 | by ( Annie Nova | ) www.cnbc.com time to read: +5 min

Grady Hendrix, the author of "How to Sell a Haunted House," said his idea for the novel began during the pandemic, when many of us were becoming more aware of our parents' mortality. I talked to Hendrix about his new novel and the subject of haunted houses and trying to sell them. Grady Hendrix author, "How to Sell a Haunted House"AN: What are some of the things that people told you about living in a haunted house? When real estate is getting fraught and the economy is doing funny things, haunted houses appear. If you feel like your house is haunted, then your house is haunted, you know?

☆ Venture Capital Investors Are Trying to Take Over Pandemic Response
▼ + stars: | 2023-03-12 | by ( Adam Rogers | ) www.businessinsider.com time to read: +19 min

Private capital has been eyeing public health for years. Several founders and investors told me that the failure of Kleiner's fund made Silicon Valley wary of investing in pandemic preparedness. Venture investors love that kind of thing. Public health and private industryWhen COVID hit, Charity Dean was the assistant director of the California Department of Public Health. In the end, almost every pandemic-related product created by Silicon Valley will ultimately require the government as a primary customer.

☆ A senior Twitter employee says he spent 9 days trying to figure out whether or not he'd been laid off
▼ + stars: | 2023-03-07 | by ( Kate Duffy | ) www.businessinsider.com time to read: +3 min

A Twitter director said he spent nine days trying to figure out whether or not he'd been laid off. Haraldur Thorleifsson said he emailed Elon Musk and Twitter HR but got no response. Amid a Twitter spat with Musk, Thorleifsson said he received confirmation he'd lost his job. Three minutes after posting the tweet, Thorleifsson said he'd received confirmation that he no longer had a job at Twitter. In another tweet, Thorleifsson said Twitter's head of HR had emailed to tell him he'd been laid off.

☆ Laid-off Twitter software engineer calls job market 'hot garbage': 'maybe I should go be a firefighter'
▼ + stars: | 2023-03-06 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +4 min

A laid-off Twitter engineer told CNN that they've faced a "wave of rejections" for job applications. "The market is hot garbage right now," De Caires told CNN. They are one of the hundreds of former Twitter employees who have sought legal recourse over severance packages offered to laid-off staff members. De Caires told CNN that the grim market for tech jobs was making them contemplate dramatically different career options. "However, following Musk's purchase of the company, Twitter reneged on this agreement."

☆ I quit banking to clean up crime scenes and homes where people have died. It can be absolutely horrific.
▼ + stars: | 2023-03-03 | by ( Lola Christina Alao | ) www.businessinsider.com time to read: +6 min

She quit her job at a bank to work as a domestic cleaner before training in the specialty. So in March 2019 I left my job, and in April I started working as a domestic cleaner, cleaning an office. When the pandemic hit, I also started working alongside the council doing COVID cleans. When the council offered me a cleaning job involving needles, I was terrified and turned it downI was always scared of injections. If a job is small and urgent, like cleaning a house after someone's been stabbed, I work on it alone.

☆ They've seen enough: Trump-backing CPAC attendees want to freeze the 2024 field before things get any messier
▼ + stars: | 2023-03-02 | by ( Warren Rojas | ) www.businessinsider.com time to read: +4 min

Trump fans told Insider no one else should jump in because things are already too mixed up. "What I'm most looking forward to, obviously, is President Trump," she said, noting that she planned to be front and center for his keynote address on Saturday evening. "I think that's a good group," he said, adding, "That's enough." But President Trump is the one that we need," Le told Insider. CPAC attendee Thao Le shows off the Donald Trump pin on her American flag-themed hat on Thursday, March 2, 2023.

☆ DeSantis' new memoir skips juicy details about his life that could emerge in a presidential bid. Here's what he left out.
▼ + stars: | 2023-02-28 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +10 min

DeSantis published his first memoir, "The Courage to Be Free," on TuesdayThe book is widely viewed as laying the groundwork for a presidential run. DeSantis doesn't mention his gap year between Yale and Harvard, when he taught at the elite Darlington School. DeSantis writes extensively about his legislative victories in his book, but not about the legal battles that have ensued. DeSantis writes nothing about the January 6 attack on the Capitol to overturn the election results, nor does he address Trump's false claims about election fraud. He also, without naming Trump, writes about "the dangers of truning over the country to the likes of Dr. Anthony Fauci" during the pandemic.

☆ How Elon Musk Ruined Tesla, Let Other Car Companies Catch up on EVs
▼ + stars: | 2023-02-26 | by ( Nora Naughton | ) www.businessinsider.com time to read: +12 min

"I feel stupid driving around with my brand-new Tesla Model Y," Mark told me. Tesla spent the past two decades defying expectations and disrupting the automotive industry, but in 2023 the once revolutionary car company did the seemingly unthinkable: It turned fanboys against it. But after years of rocketing ahead of legacy car companies' tech, the futuristic guts of Tesla's vehicles have started to go stale. Companies like Ford and Audi are changing their sales strategies to model Tesla's innovative direct-sales style. These companies have something Musk doesn't: nationwide networks of brick-and-mortar locations where customers can have their vehicles serviced and repaired.

☆ Michael Cohen and the Manhattan DA's Trump probe: It's complicated.
▼ + stars: | 2023-02-25 | by ( Laura Italiano | ) www.businessinsider.com time to read: +11 min

There are no security guards or obscuring metal gates when Cohen arrives for his weekly Trump probe sit-downs — just a dozen or so news cameras. "No," Cohen told The Daily Beast last April. By Bragg's sixth week on the job, the new DA, who'd never even met Cohen, told Pomerantz he "could not see a world" in which Cohen could be called as a DA witness. "Alvin Bragg is operating at Alvin Bragg's pace," Cohen told MSNBC on another appearance, after that 16th meeting. "The district attorney, and the team, I find them to be incredibly, incredibly competent and decent people," Cohen told Insider.

He asked ChatGPT to write a book titled, "This book is made by AI." Inspiration arrived when I read an Insider article about an entrepreneur who'd used ChatGPT to write a children's book. I entered: "This prologue looks promising for the book 'This book is made by AI.' But I do think AI will be a great tool authors can use for new ideas. I don't think ChatGPT can ever completely replace a computer programmer because it doesn't know what the final result for each specific task should look like.

☆ Ex-Bon Appétit editor Marissa Ross says the wine world ruined her. Now she's back and ready to give it hell.
▼ + stars: | 2023-02-23 | by ( Anna Silman | ) www.businessinsider.com time to read: +40 min

Her rise was tied to a period of reinvention for the wine world during which natural wine conquered millennial taste buds and became ubiquitous on menus across the US. Marissa Ross, Bon Appétit's wine editor from 2016 to 2020, often posted pictures of herself chugging straight from the bottle — a technique she called "The Ross test." "Natural wine," a nebulous term that generally refers to wine made with minimal intervention and without additives like sulfites, was tentatively entering the American wine world. Many in the wine world took the idea that you didn't have to be educated to know about wine as a personal insult. When she first told BA that she planned to cover only natural wines, Ross said, Rapoport called to try to change her mind.

☆ George Santos's elaborate lies has seen the Congressman compared with a 19th-century huckster. History bears that out.
▼ + stars: | 2023-02-20 | by ( Allegra Rosenberg | ) www.businessinsider.com time to read: +15 min

My obsession is summed up pretty well by a tweet from @blagojevism: "George Santos is essentially a 19th-century character. Media depicting these characters found inspiration from real life: in a time before digital records and facial recognition, opportunity was everywhere. George Santos's brand of full-throated scammery is particularly American, something that belongs to this country as much as Abraham Lincoln and apple pie. The phrase "and if you believe that, I've got a bridge to sell you" comes from his legendary real-life method. But Santos, so far, has avoided jail time, giving him at least one leg up over the Yellow Kid.

☆ Superyacht chef says life at sea serving the uber-rich is far from glamorous — from 'boat bites' and grueling 18-hour days to a guest who asked to 'heat the Adriatic'
▼ + stars: | 2023-02-19 | by ( Grace Kay | ) www.businessinsider.com time to read: +5 min

Former yacht chef Melanie White revealed what it's like to work at sea in a tell-all book. "We dwell on the threshold of the rich and famous," White wrote in a tell-all book about the industry that was released in October. Courtesy of Melanie WhiteIn the book, White breaks down the often grueling experience, which included working 18-hour days cleaning bathrooms and guest quarters. In the book, White compared her role to that of a fairy, magically and nearly invisibly doing tasks to please guests. Courtesy of Melanie White"The success of a business or boat lives and dies with the compatibility of the employees," White wrote.

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