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☆ A millennial moved from Australia to Canada for her career. She said the people in Vancouver are welcoming, but the cost of living is high.
▼ + stars: | 2024-05-19 | by ( Madison Hoff | ) www.businessinsider.com time to read: +6 min

AdvertisementPros and cons of living in VancouverBain noted to BI several personal advantages to living in Vancouver, including the people who she has found can be welcoming and generous. After living in Australia and given her work as a destination makeup artist, Bain said another pro is the proximity from Vancouver to other places. Advertisement"I felt like I really wanted to experience more of the world," she said. She also found that wedding work in Canada is more seasonal than in Australia due to the snowy winters. Bain is happy living in Canada and the positives that come with being there.

Persons: —, Kellsie Bain, Bain, Vancouver Bain, I've, she's, aren't, York isn't, it's Organizations: Service, Business Locations: Sydney, New York City, New York, Canada, Vancouver, Australia, York, States

☆ Inside 2 Texas cities where home prices are dropping, sellers are slashing asks, and buyers can get lowball offers accepted
▼ + stars: | 2024-05-19 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +6 min

Read previewAfter years of sellers calling the shots in the real-estate market, the balance may finally be tipping towards homebuyers in some US cities. But with fewer prospective buyers in the market for homes, home prices are now declining in several cities across the US. Related storiesThe trend, has led many sellers to lower their prices — though prices still remain significantly higher than a decade ago. As homes linger on the market, sellers are reducing their prices to draw buyers, she added. "It's definitely a buyers' market right now," Boatright said.

Persons: —, Nicole Marburger, Austin, Marburger, homebuyers, Sellers, San Antonio —, Mercy, Boatright, I've Organizations: Service, homebuyers, Business, National Association of Realtors, Lone Star State, Austin, Austin and New Braunfels, Real, Hunters Locations: United States, San Antonio, New Braunfels, — New Braunfels, Austin, Austin and New, Texas, Braunfels, homebuyers

☆ Brazil’s floods smashed through barriers designed to keep them out, trapping water in for weeks — and exposing social woes
▼ + stars: | 2024-05-19 | by ( Vasco Cotovio | ) edition.cnn.com time to read: +14 min

“It’s heartbreaking.”The picture is a little different in Porto Alegre, the state capital of Rio Grande do Sul. Maxar Technologies Satellite images of the cities of Porto Alegre and Canoas before and after the floods. Maxar Technologies Satellite images of the cities of Porto Alegre and Canoas before and after the floods. “Floods, not with this volume but with considerable volumes of water, have taken place in Porto Alegre in the last few years,” Cortês explains. One volunteer was Fabiano Saldanha, a 48-year-old businessman from Porto Alegre, who used his jet ski to rescue people trapped in their homes.

Persons: Karine Pitana, there’s, ”, she’s, “, Pitana Flores da Silva, Karine Pitana Flores da Silva, She’s, we’re, Pitana, —, Renan Mattos, That’s, Luiz Inácio Lula da Silva, Jairo Jorge da Silva, “ We’ve, Pedro Cortês, University of São Paulo, Cortês, Nelson Almeida, ” Cortês, Rio Grande do Sul wasn’t, Fabiano Saldanha, ” Saldanha, Saldanha, Carlos Macedo, ‘, ’ ”, ” Pitana, CNN “, Lula, ” CNN’s Mary Gilbert Organizations: CNN, Bank, Rio Grande do Sul Public Safety, Police, Reuters, ”, Globo, Environmental, University of São, CNN Brasil, Authorities, AFP, Getty, Research, Porto Alegre, Civil Defense, IMF, World Bank Locations: Canoas, Brazil, Porto Alegre, Rio Grande do Sul, Porto Alegre’s, Suriname, Northern Porto Alegre, Chicago, Dallas, “

☆ Who Is President Ebrahim Raisi of Iran?
▼ + stars: | 2024-05-19 | by ( Emma Bubola | More About Emma Bubola | ) www.nytimes.com time to read: +1 min

Ebrahim Raisi, 63, a hard-line religious cleric, was elected president of Iran in 2021. In his tenure as president, he has overseen a strategy to expand his country’s regional influence — backing militant proxies across the Middle East, expediting the country’s nuclear program and bringing the country to the brink of war with Israel. But in the same period, Iran experienced its largest antigovernment protests in decades and a severe economic downturn driven by international sanctions and high unemployment. Mr. Raisi has been seen as the likely successor to Ayatollah Ali Khamenei as supreme leader, the highest political and religious position in the Islamic republic. Mr. Raisi, born in the eastern city of Mashhad in 1960 to a devoutly religious family, was swept up in the fervor of Iran’s Islamic Revolution, which toppled the country’s monarchy in 1979.

Persons: Ebrahim Raisi, Raisi, Ali Khamenei Locations: Iran, Israel, Mashhad

☆ Warren Buffett's Berkshire has been a net seller of stocks for 6 quarters in a row. Here's why
▼ + stars: | 2024-05-19 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

Warren Buffett's Berkshire Hathaway has been a net seller of stocks for six straight quarters despite the recent disclosure of a headline-making purchase of a stake in insurer Chubb . In fact, Berkshire hasn't been a net buyer of stocks since the third quarter of 2022, according to an analysis of filings. The bulk of the first quarter selling came from trimming Berkshire's massive Apple bet by 13% after reaping enormous gains. "If I saw one of those now, I'd do it for Berkshire," Buffett told shareholders, referring to his Japanese investment. Berkshire's cash hoard reached a record $189 billion in the first quarter, up from almost $168 billion in the fourth quarter.

Persons: Warren, Berkshire Hathaway, Chubb, Berkshire hasn't, Buffett, hasn't, I've Organizations: Berkshire, HP, Paramount, Treasury, Federal Reserve Locations: The Omaha, Berkshire, Omaha, Zurich, Louisiana, Pacific

☆ Extreme weather blunts the US military's technological edge
▼ + stars: | 2024-05-19 | by ( Michael Peck | ) www.businessinsider.com time to read: +6 min

Read previewMore extreme weather is scrambling the high-tech systems that have given the US military its edge. For example, severe weather can degrade navigation systems such as GPS and sensors on precision-guided munitions. Heavy rain ground aircraft and drones, intense heat exhausts troops, dust storms gum up tank engines, and storms damage ships at sea. The problem is that tactical units on the front lines, or in remote areas, often lack the connectivity to receive weather reports. "NOAA [the National Oceanic and Atmospheric Administration], the private sector and universities are actively working to improve global weather models," Regens said.

Persons: —, James Regens, Napoleon, Jason Serrit, Regens, Michael Peck Organizations: Service, Business, Royal United Services Institute, Waterloo, Staff, US Air Force, Antiphon Solutions, North America, Pentagon, NOAA, National Oceanic, Administration, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: British, Iran, Iraqi, California, Oklahoma, Europe, NATO, Forbes

☆ Jurgen Klopp: An emotional farewell for a manager like no other
▼ + stars: | 2024-05-19 | by ( Aimee Lewis | ) edition.cnn.com time to read: +4 min

On a sun-soaked Sunday at Anfield, Jurgen Klopp managed Liverpool for the last time and salty tears filled eyes; from the man himself to his players and fans. There were many trophies, arguably there should have been more – two Champions League finals lost, a Europa League final lost, the Premier League lost by a point twice. Fans greet Liverpool's manager Jurgen Klopp ahead the English Premier League soccer match between Liverpool and Wolverhampton Wanderers. It will arguably take Liverpool fans, and even the Premier League, longer to get used to a post-Klopp era. The Klopp era will not be replicated, Liverpool fans know that, which is why he was given such a special farewell.

Persons: Jurgen Klopp, Klopp, “ It’s, ” Klopp, Ulla, –, Jon Super, Virgil van Dijk, “ I’ve, ”, Van Dijk, “ He’s, Allison, “ I’m, Danke Jurgen ”, Jurgen Klopp's, Trent Alexander, Arnold Organizations: CNN, Liverpool Football Club, Anfield, Liverpool, Sky Sports, Wolves, Premier League, Champions League, FA, League, Europa League, verve, English Premier League soccer, Wolverhampton Wanderers, AP Locations: Anfield

☆ A rural Kansas county wants remote workers to move there. It's giving new residents $4,500 cash, an internet stipend, and fresh eggs.
▼ + stars: | 2024-05-19 | by ( Allie Kelly | ) www.businessinsider.com time to read: +4 min

Read previewLincoln County, Kansas is recruiting new residents. But local community leaders are hoping to attract remote workers and grow the local economy by offering new residents $4,500 cash, a $500 credit toward high-speed internet, a gym membership, and a monthly basket of farm-fresh eggs. These programs were launched in West Lafayette, Indiana; Ellsworth County, Kansas; Tulsa, Oklahoma; and more. To qualify, remote workers must be employed full-time, make at least $50,000 annually, and reside outside Kansas before moving. The program is marketed and monitored by Make My Move, an Indianapolis-based company that helps communities connect with remote workers through cash and perks.

Persons: —, Lincoln, Kelly Gourley, who'll, Gourley Organizations: Service, Business, Lincoln, Innovation Center, Innovation, Northwest Kansas Business, Economic Development Foundation, Kansas counties Locations: Lincoln County , Kansas, Wichita, West Lafayette , Indiana, Ellsworth County , Kansas, Tulsa , Oklahoma, Kansas, Indianapolis, Northwest Kansas, Northwest, Lincoln, Atlanta, Dallas, Memphis , Tennessee

☆ Insider Today: Google's big shakeup
▼ + stars: | 2024-05-19 | by ( Matt Turner | ) www.businessinsider.com time to read: +4 min

Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. If you're interviewing for a job in the coming weeks, check out these five questions to ask at the end. Roaring Kitty; Getty Images; Alyssa Powell/BIThis week's dispatchInvestors go back to the futureAdvertisementStocks hit record highs. And with bitcoin hovering near record highs and the crypto winter seemingly behind us, crypto companies are on the front foot once more. Erdinhasdemir/Getty Images, Choness/Getty Images, Abanti Chowdhury/BIThe hottest jobs right now are blueWant a six-figure salary?

Persons: —, Kitty, Alyssa Powell, Keith Gill, Brandon Celi, Abanti Chowdhury, Jobs, Richard A, Rick Doblin, Sundar Pichai Mateusz, Chelsea Jia Feng Google's, shakeup, Sundar Pichai, Pichai, Adam Selipsky's Organizations: Service, Business, Dow, Consumers, Walmart, UPS, FDA, Getty Images, Google, Amazon Locations: Ukraine, East, Silicon

☆ Poland to spend around $2.5 billion on securing eastern border
▼ + stars: | 2024-05-18 | by ( ) www.cnbc.com time to read: +2 min

Donald Tusk, Prime Minister of Poland, speaks during a press conference where Polish PM announces resignation of four ministers and nominees for the future positions in Chancellery of Polish Prime Minister in Warsaw, Poland on MAy 10, 2024. Poland will invest 10 billion zlotys ($2.55 billion) in a program to secure its eastern border, the prime minister said on Saturday, in a bid to bolster its defenses against what it says is a rising threat from Russia and Belarus. "We have decided to invest 10 billion zlotys in our security, and above all in a secure eastern border," Prime Minister Donald Tusk told a news conference. "We are starting a major project to build a secure border, including a system of fortifications as well as landscaping and environmental decisions that will make this border impossible to pass for a potential enemy." Tusk had announced plans to strengthen the eastern border earlier in May, but without giving details.

Persons: Donald Tusk, Tusk Organizations: Polish, European Union, Minsk, European Investment Bank, Sky Locations: Poland, Warsaw, Russia, Belarus, Poland's, Minsk, Russian, Europe, Ukraine, Moscow, Belarusian, Germany

☆ From Taylor Swift tickets to gasoline — these days everyone feels like they’re being price-gouged. Are they?
▼ + stars: | 2024-05-18 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +8 min

Taylor Swift performs onstage during "Taylor Swift | The Eras Tour" at SoFi Stadium on August 09, 2023 in Inglewood, California. At the core of the increasingly common accusation of price gouging is the sense that the consumer is being exploited. Price gouging is in the eye of the bidderGavin Roberts, chair of Weber State University’s economics department and who studies the effect of anti-price gouging laws, said the laws themselves often don’t define what price gouging is. Corporations charging as much as they can, as painful as it may be for consumers, doesn’t mean they’re necessarily price gouging, said Roberts. Steven Suranovic, an economics professor at George Washington University who has also published research on price gouging, sees it differently.

Persons: Emily Miller lucked, Taylor, Miller, Swift, ” Miller, Taylor Swift, Kevin Winter, it’s, —, Joe Biden — can’t, we’re, Gavin Roberts, Biden, ”, Biden hasn’t, ” Biden, Roberts, Steven Suranovic, Martin Shkreli, Shkreli, Price, Trent Sprague, Lyft, Uber, Travis Kalanick, It’s, ” Suranovic, Rafi Mohammed, Stefani Reynolds, Teresa Murray Organizations: New, New York CNN, CNN, Rights, Weber State, Corporations, George Washington University, Turing Pharmaceuticals, LinkedIn, O'Hare International, Chicago Tribune, Tribune, Service, Consumer, Culture, Profit, Getty Locations: New York, Pittsburgh, Cleveland, Inglewood , California, Chicago, New York City, Washington ,, AFP, US

☆ PGA Championship: Collin Morikawa, Xander Schauffele top crowded leaderboard
▼ + stars: | 2024-05-18 | by ( Gabherzig | Hugh Kellenberger | ) www.nytimes.com time to read: +3 min

LOUISVILLE, Ky. — Scottie Scheffler has dropped off, but a crowded leaderboard still exists after Round 3 of the PGA Championship on Saturday. AdvertisementSchauffele, seeking his first major championship, has led after each round of the PGA Championship, but shares it for the first time with Morikawa, who is looking for major No. Shane Lowry (who shot a PGA Championship record-tying 62), Bryson DeChambeau and Viktor Hovland are tied for fourth at 13-under. Theegala ticking off his first major championship and contending on the biggest stage of his career. Justin Rose becoming the first Englishman to win the PGA Championship in 100 years.

Persons: — Scottie Scheffler, Collin Morikawa, Xander Schauffele, Schauffele, Morikawa, Sahith, Shane Lowry, Bryson DeChambeau, Viktor Hovland, Justin Rose, Robert MacIntyre, Dean Burmester, Scheffler, bogeys, Ted Scott, Scott, Lowry, Hovland, Joe Mayo, MacIntyre, Hodges, Andrew Redington Organizations: PGA, Valhalla Golf Club, Ryder, Scheffler, Valhalla Locations: LOUISVILLE, Ky

☆ Tyson Fury vs. Oleksandr Usyk: How to watch the undisputed heavyweight title fight
▼ + stars: | 2024-05-18 | by ( Ben Morse | ) edition.cnn.com time to read: +4 min

After months of talk and canceled fights, the two boxers will exchange blows to crown the first undisputed heavyweight champion since Lennox Lewis in 1999, and the division’s first undisputed champion in the four-belt era. DAZN will broadcast the fight around the world, with viewers in the US able to watch on ESPN’s pay-per-view service. A long time in the makingA fight between Fury and Usyk has been a long time coming. Justin Setterfield/Getty ImagesFinally, a date of December 23 was agreed, but following a controversial, tougher-than-expected fight for Fury against former UFC heavyweight champion Francis Ngannou, the fight was delayed until February, 2024. All on the lineA general view of Tyson Fury and Oleksandr Usyk speaking to the media on May 16, 2024 in Riyadh, Saudi Arabia.

Persons: CNN — It’s, Tyson Fury, Oleksandr Usyk, Lennox Lewis, Usyk, Wladimir Klitschko, Dillian Whyte, Deontay Wilder –, Anthony Joshua, Daniel Dubois, Fury, Justin Setterfield, Francis Ngannou, rescheduling, Richard Pelham, Joshua, ” Organizations: CNN, Sky Sports, TNT Sports, WBC, –, WBO, WBA, IBF, Fury, UFC, Briton, Getty, Ngannou Locations: Riyadh, Saudi Arabia, Usyk

☆ Trump-era tax cuts set to expire after 2025 — here's what you need to know
▼ + stars: | 2024-05-18 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +4 min

The TCJA reduced federal income tax rates across the board, with the top rate falling to 37% from 39.6%. That would return the federal income tax rates to 10%, 15%, 25%, 28%, 33%, 35% and 39.6%. In the meantime, some higher earners have been leveraging lower income tax rates through 2025 by incurring income now, experts say. The standard deduction could fallWhen filing taxes, you claim the standard deduction or itemized deductions, whichever is greater. Before 2018, about 70% of taxpayers claimed the standard deduction, compared with 90% in tax year 2020, according to the Tax Policy Center.

Persons: Donald Trump, Michael M, Erica York, Roth, it's, Gleckman, Robert Dietz Organizations: Santiago, Getty, Tax, Center, Federal Tax, Senate, Bernstein Private Wealth Management, CNBC Locations: Wildwood Beach, Wildwood , New Jersey, California , New Jersey, New York, Minneapolis

☆ 22 valuable pieces of advice from graduation speeches through history
▼ + stars: | 2024-05-18 | by ( Erin Mcdowell | ) www.businessinsider.com time to read: +1 min

— Oprah Winfrey's 2023 speech at Harvard UniversityWinfrey also spoke to the graduating class of Harvard University about how God has guided her throughout her life, and the importance of listening. You'll be able to find your own voice within the still, small voice—you'll begin to know your own heart and figure out what matters most when you can listen to the still, small voice. Every right move I've made has come from listening deeply and following that still, small voice, aligning myself with its power." "We also need generosity of spirit; we need high standards and open minds and untamed imagination," she continued. Using who you are and what you stand for to make changes big and small."

Persons: Oprah, Harvard University Winfrey, you'll, I've, Winfrey Organizations: Harvard University

☆ Opinion | Why the Manhattan Trial Is Probably Helping Trump
▼ + stars: | 2024-05-18 | by ( Ross Douthat | ) www.nytimes.com time to read: +1 min

Throughout the Republican primary campaign (such as it was), it was perfectly clear that the multiple indictments of Donald Trump helped him consolidate support. This was a source of moral exasperation to liberals, but their bafflement coexisted with the hope that what played well with the MAGA faithful would have the opposite effect in the general election. Trump’s cries of persecution might rally conservatives in a primary, but the trials themselves would help Joe Biden cruise to re-election. But watching the trial play out so far, it seems just as likely that as in the primaries, so now in the general election: Any political effect from being charged and tried is probably working marginally in Trump’s favor. First, consider how this trial plays if you are not paying close attention to the legal details.

Persons: Donald Trump, MAGA, Trump’s, Joe Biden, we’re, Trump, Stormy Daniels Organizations: Republican

☆ Chile: Coldest May since 1950 grips capital region
▼ + stars: | 2024-05-18 | by ( David Shortell | ) edition.cnn.com time to read: +3 min

Santiago, Chile CNN —Bundled-up mannequins stand in the storefronts on the main shopping avenues off Santiago’s central Plaza de Armas. Thursday marked the coldest day of the year so far, with one weather station notching a frosty 30 degrees. A customer wearing a puffer jacket stands in front of a kiosk in Santiago, Chile, Friday, May 17, 2024. Esteban Felix/APA drone view shows San Cristobal hill during a season of low temperatures in Santiago, Chile, May 15, 2024. “It has natural protein and in this cold weather it gives you calories,” Salas, a nurse, said.

Persons: Chile CNN —, Angélica, ”, Rosita Moya, parka, “, Guzáman, We’ve, Esteban Felix, Ivan Alvarado, Diamira Salas sipped, ” Salas, Nancy Mujica, Tisla Organizations: Chile CNN, de Armas, Chilean Meteorologic Directorate, CNN, Authorities, Reuters, Bellas Artes Locations: Santiago, Chile, Santiago , Chile, Cristobal, La Vega, Bellas, Santo

☆ Longevity hacks are the latest luxury apartment perk
▼ + stars: | 2024-05-18 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

Luxury buildings in Los Angeles, Miami, and New York are now offering IV drips to tenants. AdvertisementLuxury residential buildings are now equipped with more than just hi-fi fitness centers, outdoor movie theaters, and dog spas — they're offering longevity hacks, too. A growing number of high-end buildings in Los Angeles, Miami, and New York are offering IV drips to tenants, according to The New York Times. The luxury condominium unit One Manhattan Square offers five different IV drip formulas that range from $300 to $350. The Park — a luxury apartment building in Los Angeles where units can go for as much as $38,000 a month — has been offering IV treatments since 2023.

Persons: — Organizations: Service, The New York Times, Manhattan Square, Business Locations: Los Angeles, Miami, New York

☆ Why Americans' confidence in finding a new job is tanking even as the labor market is humming along
▼ + stars: | 2024-05-18 | by ( Jacob Zinkula | Madison Hoff | ) www.businessinsider.com time to read: +7 min

Why Americans might be getting worried about the job marketIn some ways, Americans' growing pessimism in the job market is perplexing. That's because the job market has become more challenging than it was a couple of years ago, when the Great Resignation was at its peak. So, it's possible that some Americans in certain industries are facing a job market where openings are far from abundant. For example, there's some evidence that the job market for high-wage roles has cooled over the past year. Julia Pollak, the chief economist at ZipRecruiter, told Business Insider earlier this month after April's labor market figures were released by the Bureau of Labor Statistics that it is "no longer a white-hot labor market" or a job "candidate's market in every industry where workers can get whatever they want."

Persons: —, they'd, hasn't, What's, Joanne Hsu, Julia Pollak Organizations: Service, York Fed's Survey, Consumer, Business, NY, of Labor Statistics, Bureau of Labor Statistics, New, Fed, LinkedIn, NY Fed, University of, Labor Locations: York

No matter who wins the White House and control of Congress this autumn, one aspect of trade policy is likely to endure: Washington’s tough-on-China protectionist stance. But several trade experts predict that the America-first model of slapping tariffs on adversaries — as President Biden did this week — will backfire. Critics of tariffs and export restrictions say they not only will potentially exacerbate inflation and drag down economic growth, but are also likely to fail for a simpler reason: Chinese companies may see their businesses slowed down by the restrictions, but have found ways to beat them. As Alex Durante, an economist at the Tax Foundation, a nonpartisan think tank that works with policymakers in the United States and Europe, bluntly put it: “They don’t work.”Huawei has shown that companies can find workarounds. Last year, the Chinese telecom giant unveiled the Mate 60, a smartphone powered by a high-end semiconductor.

Persons: —, Biden, Alex Durante, ” Organizations: White, Tax Foundation, ” Huawei Locations: China, America, United States, Europe, Washington

☆ Tsai Ing-wen: the leader who put Taiwan on the map and stood up to China
▼ + stars: | 2024-05-18 | by ( Wayne Chang | Nectar Gan | ) edition.cnn.com time to read: +16 min

While supporters applaud Tsai for standing up to China, defending Taiwan’s sovereignty, freedom and democracy, critics blame her for straining ties with Beijing, stoking cross-strait tensions. Beijing, which deems the tacit agreement a precondition for dialogue, has cut official contact with Taipei since Tsai took office. Taiwan President Tsai inspects reservists at a training session at a military base in Taoyuan on May 11, 2023. But under Tsai, Taiwan has sought to enhance its asymmetric defense capabilities, developing and procuring cheaper and more mobile weapon systems that could be instrumental in halting a potential Chinese invasion. Taiwanese military experts have increasingly advocated for such an approach, noting that Taiwan can never match China in military might and assets.

Persons: Taipei CNN — Tsai Ing, introvert, ” Tsai, Xi Jinping, Xi, Tsai, stoking, Taiwan’s, Lai Ching, ”, Alex Chan Tsz Yuk, Wellington Koo, “, Vanessa Hope, Ma Ying, Taiwan's, Jose Lopes Amaral, Wen, Amanda Hsiao, Nancy Pelosi, Chien Chih, Nancy Pelosi’s, Huang, Jameson Wu, ” Sung, ” Hsiao, “ Tsai, Sawayasu Tsuji, Sung, ” Tsai’s, –, Lai Organizations: Taipei CNN, Democratic Progressive Party, DPP, Kuomintang, KMT, World Health Organization, WHO, Atlantic, Trump, Biden, International Crisis, US, Getty, World Health Assembly, National Chengchi University, Getty Images, Taiwan’s Military Academy, ” Tsai’s DPP Locations: Taipei, Taiwan, China, United States, Beijing, Tsai, Asia, Wellington, Ukraine, Gaza, Japan, Czech Republic, Republic of China, Taoyuan, AFP, Washington, Hong Kong

☆ For working moms, it's some good news and some bad news
▼ + stars: | 2024-05-18 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +6 min

Read previewFor working mothers, it can sometimes feel like even when there's good news, there's also bad news. Just this week, several stories drove home some of the things that parents and working women already have sensed. But it's a good signal for working moms. The chart shows that since 2015, the percentage of women working across all those groups has gone up in the last 10 years. It's that same mix for the state of working moms — not all good, but not all bad.

Persons: —, there's, Emily McCrary, Ruiz, Esparza, Hewlett Packard, That's, it's, Rachel M, Cohen Organizations: Service, Business, Hewlett, Bloomberg, Free, New York Times Reading

☆ Russia is finally getting serious about its war, and it spells trouble for Ukraine
▼ + stars: | 2024-05-18 | by ( Jake Epstein | ) www.businessinsider.com time to read: +12 min

Much of the war in Ukraine has gone poorly for Russia. But Russian President Vladimir Putin's war machine looks very different today than it did at the start of the conflict. The Russian military continued to suffer from other problems in the first year of fighting, racking up troop and equipment losses while failing to capture significant amounts of Ukrainian territory. AdvertisementThe following month, a top US official and general said, respectively, that the Russian military was "almost completely reconstituted" and had "grown back" to its pre-war strength. The employment of glide bombs to support ground maneuver is the primary example of how Russia's military is successfully learning from its past shortcomings, Barros said.

Persons: —, Vladimir Putin's, Putin, Vladimir Putin, Miguel Diaz, Canel, Maxim Shemetov, George Barros, Russia's, Stringer, They've, Chris Cavoli, Andrei Belousov —, Sergei Shoigu, Barros, It's, Andrei Belousov, VYACHESLAV PROKOFYEV, Oleksandra Novosel, Biden, Sergey Pivovarov, Mick Ryan, Jack Watling Organizations: Service, Business, Cuban, Institute for, Ukraine, REUTERS, Allied, US European Command, Sputnik, Security, Defense, Getty, JSC, UA, PBC, 42nd Separate Mechanized Brigade, Russian, Kharkiv, Royal United Services Institute Locations: Russia, Moscow, Ukraine, Ukraine —, —, Russian, Kharkiv, Kherson, Robotyne, Ukraine's Zaporizhzhia, Soviet, Shevchenkivskyi, Avdiivka, Washington, Russia's Rostov, Australian, Kyiv

☆ Market sets record — Breaking down whether the bulls are in the clear or a peak is imminent
▼ + stars: | 2024-05-18 | by ( Michael Santoli | ) www.cnbc.com time to read: +7 min

You can't argue with a market making new record highs, though it's fair game to interrogate the tape about its assumptions and intentions. With the Dow Jones Industrial Average closing above 40,000 for the first time Friday and the S & P 500 settling above 5,300 after hitting a fresh all-time high Wednesday, the advice of history suggests not overthinking it. Keith Lerner, strategist at Truist, marks up a long-term S & P 500 chart to show times when it was at an all-time high. Brian Belski, strategist at BMO, last week lifted his year-end S & P 500 target to a Street-high 5,600 . And, quite remarkably, the stock market low of October 2022 occurred at an S & P 500 forward P/E above 15, with unemployment below 4% and in mid-economic expansion.

Persons: Stocks, Keith Lerner, Ned Davis, Brian Belski, Leuthold, Doug Ramsey Organizations: Treasury, Dow Jones, Dow, Ned Davis Research, Investment, Bank, Federal, BMO, Citi U.S, Vegas, Fed, Leuthold Locations: U.S

☆ Seize The Grey wins Preakness Stakes as Derby winner Mystik Dan comes in second
▼ + stars: | 2024-05-18 | by ( Ben Church | Kevin Dotson | ) edition.cnn.com time to read: +3 min

CNN —Seize The Grey bested an eight-horse field to win the 149th running of the Preakness Stakes at a muddy Pimlico Race Course in Baltimore. Entering the race at 9-1 odds, Seize The Grey ran ahead of Kentucky Derby winner Mystik Dan throughout the race. For the first time in 85 years, the Preakness Stakes was being run on a muddy track, conditions which clearly suited the three-year-old colt. Jockey Jaime Torres, competing in his first Preakness Stakes, rode Seize The Grey to a wire-to-wire victory. Rob Carr/Getty ImagesDramatic Kentucky DerbyEntering the race at 18-1 odds, three-year-old Mystik Dan came out victorious after an incredibly close Kentucky Derby.

Persons: Mystik Dan, Jaime Torres, Wayne Lukas, Bob Baffert, Rob Carr, Dan, Young, Brian Hernandez Jr, ” Mystik Dan, Charlie Riedel, Muth, Mystik, Ray Bryner, “, He’s, Bryner, Wayne Lukas ’ Organizations: CNN, Kentucky Derby, Preakness, Triple, Derby, Sierra, NBC, Jet Locations: Baltimore, Elmont , New York, Kentucky, Sierra Leone, Faultless, Churchill Downs

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