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☆ I'm a high school math and science teacher who uses ChatGPT, and it's made my job much easier
▼ + stars: | 2023-03-14 | by ( Aaron Mok | ) www.businessinsider.com time to read: +4 min

Shannon Ahern, a high school math and science teacher, was afraid that ChatGPT would take her job. Here's how Ahern is using ChatGPT to make her job easier, as told to Insider's Aaron Mok. As a high school math and science teacher, I had a bit of an existential crisis over my job. Since then, I've asked ChatGPT to write lesson plans, generate exercise worksheets, and come up with quiz questions. Still, I understand why some teachers are hesitant about using ChatGPT.

When my husband died, I had to figure out my financial future, which meant finding a financial advisor. I was able to find a great financial advisor by thinking about my specific goals and needs. Having an independent financial advisor isn't cheap, but it's been well worth the cost to me. Here's the checklist I used to settle on my fantastic financial planner. The New School of Finance, founded by certified financial planner and chartered investment manager Shannon Lee Simmons, is where I landed.

☆ Billionaire investor Bill Ackman says SVB was not a bailout: 'The people who screwed up will bear the consequences'
▼ + stars: | 2023-03-13 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

US regulators are guaranteeing depositors' funds after the Silicon Valley Bank and Signature Bank collapsed. But this isn't "a bailout in any form," said billionaire investor Bill Ackman. The US government is protecting depositors and not the management or shareholders, he said. In his tweet, Ackman even applauded US authorities' intervention, saying the government "did the right thing for the country" by protecting depositors. The legendary investor has been quite vocal about the wild ride in the US banking industry amid the collapse of Silicon Valley Bank and Signature Bank.

☆ Founders swarmed SVB’s Bay Area branches looking for answers after bank's historic failure
▼ + stars: | 2023-03-11 | by ( Jennifer Elias | ) www.cnbc.com time to read: +5 min

A Brinks armored truck sits parked in front of the shuttered Silicon Valley Bank (SVB) headquarters on March 10, 2023 in Santa Clara, California. In Santa Clara on Friday morning, SVB customers arrived frustrated and angry, many donning blank and tired faces. Zoom In Icon Arrows pointing outwards Toward the end of the day, startup founders trickled in less and less to the Menlo Park office promenade in hopes of catching a representative. ‘I'm trying to get a check!’In Menlo Park, Teslas filed into SVB's Sand Hill Road parking lot Friday. At the Menlo Park branch, one person, wearing a Patagonia jacket, posed for a picture in front of the SVB logo.

☆ A startup founder sat in an airplane bathroom trying to move his company's funds out of Silicon Valley Bank after its collapse. Here's how 7 other founders reacted to the bank's implosion.
▼ + stars: | 2023-03-11 | by ( April Joyner | Madeline Renbarger | ) www.businessinsider.com time to read: +6 min

Silicon Valley Bank was shut down by US regulators on Friday. It's been a chaotic day for the startup world following the failure of Silicon Valley Bank. Insider spoke with eight startup founders about how they're responding to the crisis. Other founders weren't as fortunate: They still had their company's funds at Silicon Valley Bank as the FDIC announced it had taken control of the bank. A couple of early-stage founders told Insider they did not hold accounts with Silicon Valley Bank.

A deeper look at the company's billing practices revealed what appeared to be Medicare fraud, Pérez Aybar said. Fraud flourishesThat's just one of thousands of examples of how Medicare fraud is flourishing — not only in south Florida, but across the country. Taxpayers are losing more than $100 billion a year to Medicare and Medicaid fraud, according to estimates from the National Health Care Anti-Fraud Association. This convicted felon says Medicare and Medicaid fraud is "very easy" to get away with. The same pills could be sold and resold multiple times with different phony patients, billing Medicare each time.

☆ Capitalizing on market crashes is key to retiring on time. Many millennials are still looking for their first chance.
▼ + stars: | 2023-03-09 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +8 min

Stock market declines can create bargain-buying opportunities for investors looking to generate long-term wealth. Many millennials are looking for their first chance to participate, having lacked adequate savings during prior market downturns. That's because a falling stock market creates discounts and a chance to buy high-upside assets on the dip. The 28-year-old is among the TikTok financial influencers telling their young audiences not to miss out on the next stock market slump. Some have argued that overvalued markets, slowing population growth, and rising interest rates could weigh down US stock market returns for at least the next decade.

☆ China is scrambling to find pilots to fly from its growing aircraft carrier fleet
▼ + stars: | 2023-03-08 | by ( Michael Peck | ) www.businessinsider.com time to read: +5 min

China's fleet of aircraft carriers has grown quickly, expanding from one to three in a decade. To use that fleet effectively, China's navy also has to train pilots to operate carrier aircraft. "Starting in 2023, the Navy will select carrier-based aircraft pilots from fresh graduates from local ordinary colleges and universities," according to a Chinese navy brochure. Yet it takes more than ships to build an effective carrier fleet. In fact, the Chinese navy ended up copying a Russian carrier jet without permission to give its carrier program a boost.

☆ Dan Lane has interviewed hundreds of real-estate investors. He shares 3 of his favorite examples of how people have used real-estate investing to accomplish their financial goals.
▼ + stars: | 2023-03-07 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

He shared with Insider some of his favorite examples of real-estate investing changing lives. Eight years ago, when Dan Lane wanted to get into real-estate investing, he turned to podcasts for strategy ideas from other investors. Over the course of those 400-plus episodes, Lane has heard scores of ways that real-estate investing has changed people's lives. Depending on the cost of homes and an investors' income levels, acquiring rental properties can be difficult through down payments. For a deeper look at other real-estate investing strategies — including methods for prospective investors starting out with little money — click here.

☆ The more attractive a person thinks they are, the less likely they are to mask, new study finds
▼ + stars: | 2023-03-04 | by ( Renée Onque | ) www.cnbc.com time to read: +2 min

The study quoted one person as saying: "I can't wait to stop wearing a mask … I can't wait to show my full face in places again." People who felt less attractive noted the stark opposite and were much more likely to still wear masks. Those who considered themselves really attractive were a lot more likely to unmask for a job interview, than people who didn't. This difference is likely linked to the concept of "pretty privilege," the notion that people who are considered attractive, based on society's definition of beauty, will have better, and more, opportunities than people who aren't considered attractive. Though, people who found themselves more attractive were still more likely to leave their mask at home while walking their dog.

☆ I do private Botox parties as a fun and lucrative side gig. Here's how I got certified and what they're like.
▼ + stars: | 2023-03-03 | by ( Natalie Rahhal | ) www.businessinsider.com time to read: +7 min

Dr. Samantha Ellison worked at Botox parties on her days off as a traveling physician. Ellison says Botox parties can be really fun and lucrative, depending on how you market yourself. Botox parties are really laid-backA lot of these Botox parties occur in the evening, so it's popular to have a sleepover where people come in themed pajamas. Doing Botox parties can be really fun and lucrative, depending on how you market yourself and how good your network is. The biggest challenge of working as both a hospitalist physician and doing Botox parties is the mental switch it requires.

☆ Biden's student loan forgiveness plan spurred these heated Supreme Court exchanges
▼ + stars: | 2023-03-02 | by ( Annie Nova | ) www.cnbc.com time to read: +4 min

Justices on the bench hearing arguments about the student loan forgiveness program. Source: Bill HennessyThere were many tense moments Tuesday as the nine Supreme Court justices grilled the plaintiffs challenging the Biden administration's student loan forgiveness plan and the government attorney defending the policy. Six Republican-led states brought one lawsuit against the forgiveness plan, and conservative advocacy organization, the Job Creators Network Foundation, backed the second. Response to a 'once-in-a-century pandemic'The Heroes Act of 2003, which the Biden administration is using as its legal justification to carry out its student loan forgiveness program, authorizes the education secretary to "waive or modify" student loan programs during national emergencies to avoid borrower distress. Whether student loan forgiveness is 'fair'Supreme Court Justice Samuel Alito became frustrated with Prelogar at one point, accusing her of not answering his question on the fairness of the forgiveness plan.

☆ Writing your résumé with AI makes it easier to find a job, a study finds. But this edge could vanish once everybody's doing it.
▼ + stars: | 2023-03-01 | by ( Madison Hoff | Jacob Zinkula | ) www.businessinsider.com time to read: +5 min

Using AI to help write your résumé improves your odds of landing a job, a study found. While the study didn't use ChatGPT, it points to AI's potential to help job seekers. Meaning, van Inwegen said, that employers "do care about" résumé writing. But if AI tools like ChatGPT proliferate — and millions of job seekers begin using AI tools to craft their résumé, it might get harder to stand out. "Everyone's résumé will have gone through some sort of algorithmic checker," van Inwegen said.

☆ College students are drowning in textbook costs. There's a push in Congress to make them free.
▼ + stars: | 2023-03-01 | by ( Madison Hall | ) www.businessinsider.com time to read: +9 min

Some members of Congress have joined the movement to provide free textbooks to university students. The college textbook landscape, however, isn't a free market, as students must buy whichever course materials their professor selects for their class. As states across the country create their own grants for open textbooks, members of Congress have also begun to take notice. "We are helping cut the cost of attending college by supporting the creation and expansion of open college textbooks," Durbin told Insider in a statement. And while there's no timeline for the Affordable College Textbook Act to make it through Congress, federal legislators have granted $47 million in funds for open textbooks since 2018 as part of the Open Textbook Pilot Program.

☆ Millennials are building up a mountain of debt in pursuit of the middle-class American dream — and they're starting to miss credit card payments at an alarming rate
▼ + stars: | 2023-02-28 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +7 min

This debt load is beginning to takes it toll — the NY Fed's report found that millennials are missing credit card and auto loan payments at rising rates. Millennials are starting to miss credit card paymentsAfter falling over the last few years as borrowers paid down their balances, US credit card debt rose $61 billion in the fourth quarter, the largest increase in the history of the NY Fed's data, which dates back to 1999. This increase brought total credit card balances to $986 billion, surpassing the pre-pandemic high of $927 billion. Inflation has caused many millennial consumers to spend more, save less, and ultimately turn to credit card debt as pandemic-era savings have run out. While there are surely several factors fueling credit card debt among millennials, the high cost of childcare and related expenses surely aren't helping.

☆ Ex-Amazon managers say they were pressured to cut successful workers to meet attrition goals — and faced retribution when they resisted
▼ + stars: | 2023-02-27 | by ( Shana Lebowitz | ) www.businessinsider.com time to read: +17 min

Former Amazon managers say they were pressured to cut successful workers to meet attrition goals. In anticipation of Amazon's performance-review period, he told Insider, he'd kept careful notes on what his employees were doing well and where they could improve. These people said leadership would place employees in Focus even if the managers of those employees said that the workers had met or exceeded expectations. A few weeks later, he said, his manager told him he was on Pivot and had the option to leave the company with severance, which he did. Amazon managers are required to submit their performance ratings for employees in an online tool, then discuss their rationale with managers above them, he said.

☆ From a horseback-riding model to a secret daughter: Meet the children of Apple cofounder Steve Jobs
▼ + stars: | 2023-02-24 | by ( Grace Kay | Aaron Mok | ) www.businessinsider.com time to read: +12 min

Steve Jobs left the bulk of his fortune to his wife, Laurene Powell Jobs, when he died in 2011. Later, he had Reed Jobs, Erin Jobs, and Eve Jobs with his wife, Laurene Powell Jobs. Meet Jobs' four children and his widow Laurene Powell Jobs, and see how his legacy helped his loved ones succeed. Erin Siena JobsErin Siena Jobs is the most private of Steve Jobs' children. Vianney Le Caer/Invision/APTwenty-four-year-old Eve Jobs, the youngest of Steve Jobs' children, is a model and an accomplished equestrian.

☆ FDA says Guillain-Barre syndrome is possible risk of Pfizer's RSV vaccine for older adults
▼ + stars: | 2023-02-24 | by ( Spencer Kimball | ) www.cnbc.com time to read: +5 min

Guillain-Barre syndrome, or inflammatory neuropathy, is a rare disorder in which the body's immune system mistakenly attacks the nerves. There was also a possible case of Guillain-Barre syndrome in GSK 's RSV vaccine trials, but the company said there was insufficient evidence to confirm a diagnosis. They will also vote Wednesday on GSK's RSV vaccine for older adults. The Guillain-Barre casesIn Pfizer's trial, a 66-year-old man in the U.S. with a history of hypertension developed Guillain-Barre symptoms seven days after vaccination. He was hospitalized again after suffering a fall and was subsequently diagnosed with Guillain-Barre Syndrome.

☆ Some Twitter employees stopped working after the company's Slack went down, report says
▼ + stars: | 2023-02-24 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Twitter's company Slack went down on Wednesday and Thursday, Platformer reported. A Slack employee told Platformer, however, that there was no such thing as routine maintenance. On Wednesday, the company's private channel-based messaging platform was shut off for what employees were told was routine maintenance, Platformer reported. Citing a person familiar with the situation, Platformer reported that Twitter's Slack was not under maintenance but manually shut down by someone at Twitter. A Slack employee told Platformer there is "no such thing as routine maintenance.

☆ Threatened by war, Ukrainian paintings find safe haven in Switzerland
▼ + stars: | 2023-02-23 | by ( Gabrielle Tétrault-Farber | ) www.reuters.com time to read: +3 min

[1/5] Visitors look at paintings from the collection of the National Art Gallery of Kyiv during the "From Dusk To Dawn" exhibition at the Rath Museum in Geneva, Switzerland February 22, 2023. The museum in Geneva, which took in paintings from Madrid's Prado Museum during the Spanish civil war in the 1930s, sent packing materials to ensure safe transport. The Musee Rath, which hosts the Musee d'Art et d'Histoire's temporary exhibitions, is now showing "From Dusk to Dawn", showcasing works by Ukrainian painters from the Kyiv gallery. Vakulenko said it was impossible to insure the paintings crossing Ukraine, so the shipment was accompanied by security on its two-day journey to the Polish border. "The most important thing was keeping secrecy of the cargo's movement on the territory of Ukraine," Vakulenko said.

☆ Sam Bankman-Fried deleted a Slack message and tweets after FTX's top lawyer told the company to preserve records for regulators, prosecutors say
▼ + stars: | 2023-02-23 | by ( Sindhu Sundar | Jacob Shamsian | ) www.businessinsider.com time to read: +4 min

Sam Bankman-Fried deleted tweets and Signal messages after being told to preserve all records, prosecutors said. He even deleted a Slack post by FTX's general counsel which said FTX would close, prosecutors said. Bankman-Fried disregarded the general counsel's directive at the time, prosecutors alleged, saying he also deleted some of his tweets in November. In January, prosecutors said in a filing that Bankman-Fried had messaged FTX's general counsel, as well as "current and former FTX employees." The financial wrongdoing at FTX was exposed, prosecutors say, by a run on accounts in November of last year.

☆ Some critics of Biden's student-loan forgiveness say the relief will help rich people the most. New data suggests the exact opposite.
▼ + stars: | 2023-02-18 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

New Education Department data suggested Biden's student-debt relief would benefit the lowest earners the most. It said that 81% of all applications received came from the bottom 80% of Congressional districts by average income. It used data from the department, along with the US Census Bureau, to make those estimates. But it's reasonable to say that Biden's relief would work as intended, targeting it to the lowest earners. Now, all eyes are on the Supreme Court to see if those borrowers will end up actually getting relief.

He added that a government committee was looking into adding secular subjects to madrasas alongside religious study, a development that hasn't been previously reported. Other students and teachers said Islamic education played an important role in their lives, though they hoped to be able to study secular subjects too. He didn't elaborate on the government's plans for religious schools. Reuters was unable to determine the current number of madrasas, and Taliban authorities have not provided figures. "There's deep-seated mistrust of the formal education sector, despite the fact that it too incorporates Islamic education."

☆ Republican lawmakers just revived a bill to end the student-loan payment pause and block debt cancellation before Biden's relief plan goes to the Supreme Court
▼ + stars: | 2023-02-16 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

GOP lawmakers reintroduced a bill to end the student-loan payment pause and block Biden's broad debt relief. This comes just under two weeks before Biden's student-debt relief plan is headed to the Supreme Court. Bill Cassidy and John Thune reintroduced the Stop Reckless Student Loan Actions Act, which would end the ongoing student-loan payment pause and block President Joe Biden from canceling student debt broadly in connection with a national emergency. This comes just under two weeks before Biden's plan to cancel up to $20,000 in student debt is headed to the Supreme Court. House Republicans also recently suggested ending the student-loan payment pause as a proposal it would support in potential budget cuts, and over half of House GOP lawmakers, and nearly all Senate GOP lawmakers, filed amicus curiae briefs to the Supreme Court opposing student-loan forgiveness.

☆ A Googler laid off while on vacation found out when her colleague texted her, and said it made her feel like she was 'just a number'
▼ + stars: | 2023-02-13 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

An ex-Google recruiter says the company laid staff off like they were "just a number." Louise Coyne told Insider she was on paid leave when CEO Sundar Pichai announced Google was laying off 12,000 workers, or around 6.4% of its workforce, on January 20. "We've just left these people completely in the dark," Coyne told Insider. One software engineer who had been at Google for less than six months told Insider that the layoffs were a "rude awakening." He said he woke up when a colleague rang him to say he couldn't message him on Google's internal chat.

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