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☆ Gold is losing its dazzle as bond yields and the dollar surge
▼ + stars: | 2023-10-06 | by ( Krystal Hur | ) edition.cnn.com time to read: +5 min

Investors tend to prefer government bonds over gold when yields are high, because they offer regular coupon payments. Why nursing schools are turning away thousands of applicantsAt a time when registered nurses are going on strike to protest staffing shortages, thousands of applicants who want to enter or advance in the profession are being turned away from nursing schools, reports CNN’s Tami Luhby. Staffing shortages are the main reason why nursing schools are not able to accept more students who want to become registered nurses. The Girl Scouts are discontinuing a cult-favorite cookieThe Girl Scouts are discontinuing a popular cookie just a year after its debut sparked a frenzy, reports my colleague Jordan Valinsky. Raspberry Rally won’t be sold this upcoming cookie-sales season, which runs January to April 2024, Girl Scouts of the USA has announced.

Persons: Richard Galanti, they’re restocked, Matt Dmytryszyn, “ There’s, ”, CNN’s Tami Luhby, preceptors, Preceptors, Judith Jarosinski, Read, Jordan Valinsky Organizations: CNN Business, Bell, CNN, Federal Reserve, Barrick Gold, Kinross Gold, Northam, Costco, American Association of Colleges of Nursing, Salisbury University’s School of Nursing, Girl Scouts, Scouts, USA, Girl Scouts ’, eBay Locations: Salisbury, Maryland

☆ Why nursing schools are turning away applicants amid a major staffing shortage
▼ + stars: | 2023-10-05 | by ( Tami Luhby | ) edition.cnn.com time to read: +8 min

CNN —At a time when registered nurses are going on strike to protest staffing shortages, thousands of applicants who want to enter or advance in the profession are being turned away from nursing schools. Nearly 78,200 qualified applications were not offered spots at nursing schools last year, according to the American Association of Colleges of Nursing, which represents schools with baccalaureate and advanced degree programs. Staffing shortages are the main reason why nursing schools are not able to accept more students who want to become registered nurses. Staffing shortages are also a major factor in the current strike by more than 75,000 unionized employees, including registered nurses, at Kaiser Permanente. The national median salary for nursing school professors with master’s degrees is just under $89,000, according to the nursing college association.

Persons: preceptors, Preceptors, ”, Judith Jarosinski, Rick Garcia, David Auerbach, Cynthia McCurren, McCurren, Jarosinski, ” McCurren, Marie Ann Marino, Thomas, “, Marino, ” Marino Organizations: CNN, American Association of Colleges of Nursing, Salisbury University’s School of Nursing, Community, Organization, Nursing, Brandeis University, Kaiser Permanente, Bureau of Labor Statistics, School of Nursing, University of Michigan, Nurse.com, Thomas Jefferson University College of Nursing, Thomas Jefferson University, US Department of Health, Human Services, Loan, Salisbury School of Nursing, Faculty Academy, Maryland Higher Education Commission, Jefferson College of Nursing, Jefferson Health, Jefferson Locations: Salisbury, Maryland, Kaiser, Flint, Philadelphia

☆ 75,000 Kaiser Permanente health care workers may go on strike, in demonstration that the industry is in crisis
▼ + stars: | 2023-10-01 | by ( Chris Isidore | ) edition.cnn.com time to read: +9 min

That could change on Wednesday when she becomes one of 75,000 workers who participate in the nation’s largest health care strike in history. During the Great Resignation in 2021-22, more than 5 million people left their health care jobs across the country. “Kaiser Permanente is not immune from these challenges.”While Kaiser admits to the difficult challenge of filling health care jobs, the stress to its current workers has contributed to increased labor tension in the health care industry. The increased number of health care strikes have happened despite health care workers making up only about 9% of private sector union members nationwide. “But for health care workers, it is different.

Persons: New York CNN — Savonnda Blaylock, she’s, Blaylock, we’re, ”, “, Kaiser, We’ve, ” Kaiser, “ Kaiser Permanente, John August, Naniaka Camara, Camara, ” Camara, Bob Muehlenkamp, Muehlenkamp, Sal Rosselli, ” Rosselli, ECRI, there’s, Marcus Schabacker, ” Schabacker Organizations: New, New York CNN, Kaiser Permanente, Management, of Labor Statistics, Cornell University’s School of Industrial and Labor Relations, Kaiser, Montefiore Hospital, CNN, National Union of Healthcare Workers Locations: New York, California, Kaiser, California , Oregon, Washington , Colorado, Virginia, Washington, “ Kaiser, New York City, Bronx, York

☆ As Covid Infections Rise, Nursing Homes Are Still Waiting for Vaccines
▼ + stars: | 2023-09-27 | by ( Jordan Rau | Tony Leys | ) www.nytimes.com time to read: +1 min

“Covid is not pretty in a nursing home,” said Deb Wityk, a 70-year-old retired massage therapist who lives in one called Spurgeon Manor, in rural Iowa. She has contracted the disease twice, and is eager to get the newly approved vaccine because she has chronic leukemia, which weakens her immune system. But many nursing homes will not begin inoculations until well into October or even November, though infections among this vulnerable population are rising, to nearly 1 percent, or 9.7 per 1,000 residents of mid-September from a low of 2.2 per 1,000 residents in mid-June. “The distribution of the new Covid-19 vaccine is not going well,” said Chad Worz, the chief executive of the American Society of Consultant Pharmacists. That has added new complications for operators of nursing homes, who have encountered resistance throughout the pandemic in persuading people, especially employees, to receive yet another round of shots.

Persons: ”, Deb Wityk, Spurgeon, Chad Worz Organizations: Disease Control, American Society of, Pharmacists Locations: Iowa

☆ I Drink Alcohol Regularly. What Can I Do to Mitigate the Risks?
▼ + stars: | 2023-09-12 | by ( Dani Blum | More About Dani Blum | ) www.nytimes.com time to read: +1 min

Q: I drink alcohol regularly. Chan School of Public Health — meaning no more than two drinks a day for men and one drink a day for women. There’s no surefire way to offset the consequences of alcohol, said Mariann Piano, a professor and researcher at the Vanderbilt University School of Nursing who studies the effects of alcohol use. It’s not like you can “run around the block one more time” to negate a night of heavy drinking, she said. If you do drink, though, it may be particularly important to prioritize other aspects of your health.

Persons: Eric Rimm Organizations: Harvard, of Public, Vanderbilt University School of Nursing Locations: Chan

☆ Biden seeks minimum staff levels at US nursing homes
▼ + stars: | 2023-09-01 | by ( ) www.reuters.com time to read: +2 min

U.S. President Joe Biden and Vice President Kamala Harris hold an event about lowering healthcare costs in the East Room at the White House in Washington, U.S., August 29, 2023. BY THE NUMBERS: The nursing home industry takes in nearly $100 billion a year from U.S. taxpayers, yet many understaff their facilities, the White House said. The new rule proposes that facilities have a registered nurse (RN) on site around the clock. A nursing home would need two registered nurses for each eight hour shift and 10 nurse aids per eight-hour shift, the White House said. To meet the requirements, 68% of nursing homes would have to hire nurse aides and 36% of nursing homes would have to hire RNs, it said.

Persons: Joe Biden, Kamala Harris, Leah Millis, Joe Biden's, Biden, RNs, Doina Chiacu, Daniel Wallis Organizations: White, REUTERS, Rights, Democrat, Thomson Locations: Washington , U.S

CNN —A British nurse has been found guilty of murdering seven babies and attempting to kill six others at the hospital where she worked, making her the country’s worst baby serial killer in recent times. But concerns raised by consultants over the increased mortality rate of patients under Letby’s care were initially dismissed by the hospital’s management, the UK’s PA Media news agency reported. In September 2016, Letby filed a grievance against her employers after she was relocated from the hospital’s neonatal ward. “Justice has been served and the nurse who should have been caring for our babies has been found guilty of harming them. “We are heartbroken, devastated, angry and feel numb.”Letby will be sentenced at Manchester Crown Court on August 21.

Persons: CNN —, Lucy Letby, Countess, Chester, duping, Letby, Elizabeth Cook, ‘, ”, “, ” Pascale Jones, ” ‘, ’ Organizations: CNN, Manchester Crown Court, Police, Prosecution Service, Consultants, UK’s, Media, Royal College of Nursing, CPS, ”, “ Locations: Manchester, England

☆ Rihanna drops Savage X Fenty maternity line
▼ + stars: | 2023-08-09 | by ( Kristen Rogers | ) edition.cnn.com time to read: +2 min

Now, as the singer and businesswoman and her partner, rapper A$AP Rocky, expect their second child, she’s expanding upon her pregnancy — and parenthood — aesthetic by designing and releasing a maternity capsule collection through lingerie brand Savage X Fenty. “The new maternity capsule is about bringing that confidence and comfort to moms at every stage of their journeys,” Rihanna said in a news release. “I want to remind people that you can still channel sexiness and feel-good while being a parent.”Model Essence Tatiana breastfeeds while wearing the Savage X Fenty Floral Lace Maternity Bralette in the color Black Caviar. Sophia WilsonThe new line features an oversized graphic tee with the cheeky message “Make More Babies” and three bralettes, all of which were both inspired by (and named after) Savage X Fenty’s most popular silhouettes — Savage X Cotton, Floral Lace and Savage Not Sorry. “I’m not going to let that part disappear because my body is changing.”Tatiana wears Savage X Fenty's Savage Not Sorry Lace Maternity Bralette in the color Purple Lavender.

Persons: Rihanna, baring, ” Rihanna, “, Tatiana breastfeeds, Sophia Wilson, Savage, it’s, ‘, Vogue, “ I’m, ” Tatiana, Sophia Wilson Savage, ” Organizations: CNN, Rocky

☆ Aging populations are creating major opportunities, fund manager says. Here's where he's investing
▼ + stars: | 2023-06-30 | by ( Weizhen Tan | ) www.cnbc.com time to read: +4 min

Health care is just one area to consider, according to Saurymper, who manages Pacific Asset Management's Longevity & Social Change Fund. As well as health care and pharmaceutical stocks, its holdings span fitness and nutrition, personal care, aesthetics and financials. "Now I think about health care along the lines of units of health care, rather than a drug. Investing in companies that leverage technology to deliver efficient health care is also crucial in cutting costs, he added. Education Looking beyond more obvious aging themes, the fund manager said education and well-being also offer investors a major opportunity.

Persons: Dani Saurymper, Saurymper, Eli Lilly, They're, it's, There's, CNBC's Ganesh Rao Organizations: CNBC, Alzheimer's, Tech, Apple, Apple Watch, CVS Locations: U.S

☆ SNAP could close the food insecurity gap between Black and white households, study finds. But researchers say there's so much more that could be done.
▼ + stars: | 2023-06-30 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +7 min

A new study shows that access to SNAP benefits reduces the racial gap in food insecurity. Black and multiracial households have had higher food insecurity rates than white households over the last 20 years. While Black households had 20% higher food insecurity rates, they were 46% more likely to participate in SNAP than white households. For those not enrolled in SNAP, Black and multiracial households respectively had a 52% and 42% higher risk of food insecurity than white households. When accounting for household characteristics, Black households enrolled in SNAP had a lower rate of food insecurity than white households.

Persons: —, Laura Samuel, Samuel, that's, Gina Plata, Heather Taylor, ., Nino Organizations: SNAP, Service, Black, Nutrition, Johns Hopkins University, Johns Hopkins School of Nursing, Social, Nino, Food Research, Action Center Locations: . Plata, Plata

☆ Buy this stock set to plug a 'massive skills gap' in aging America, fund manager says
▼ + stars: | 2023-06-27 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

There's one stock that resonates the most for fund manager Dani Saurymper as social trends shift amid an aging population. As such, it's well placed to plug the "massive skills gap" in the health care industry, according to Saurymper. As well as health care and pharmaceutical stocks, its holdings span fitness and nutrition, personal care, aesthetics and financials. "Now I think about health care along the lines of units of health care, rather than a drug. However, key industries exposed to the aging population go beyond the challenges of aging, he added.

Persons: Dani Saurymper, Adtalem, Saurymper, There's Organizations: CNBC Locations: It's, U.S

☆ Going Bankrupt in the Name of Efficiency
▼ + stars: | 2023-06-21 | by ( Jennifer Szalai | ) www.nytimes.com time to read: +3 min

People in favor of private equity will say that the firms serve a crucial function, making troubled businesses more robust and efficient. “Roughly one in five large companies acquired through leveraged buyouts go bankrupt in a decade,” he writes. By 2017, after years of layoffs, crushing debt and being charged regular management fees by the private equity firms “for the privilege to be owned by them,” Ballou writes, Toys “R” Us was bankrupt. Private equity firms have acquired nursing homes, provided staffing for hospitals and services for prisons. And, of course, the cost-cutting measures typically imposed on acquired companies often include slashed wages and abandoned pension obligations.

Persons: Ballou, ”, ” Ballou, Morgenson, Rosner, David Rubenstein, HCR, we’re, ” Rubenstein Organizations: KKR, Bain, Vornado Realty Trust, Carlyle Group, ” Industries

☆ A Whataburger in Texas fired a nursing mother for leaving the restaurant to express breast milk, the Labor Department says
▼ + stars: | 2023-05-26 | by ( Grace Dean | ) www.businessinsider.com time to read: +2 min

A Texas Whataburger didn't provide reasonable break time for an employee to express breast milk, the DOL said. When the nursing mother left the premises to express milk, the company fired her, the DOL said. Employers have to give staff reasonable break time to express milk for a year after the child's birth. The corporate-owned restaurant in Lubbock, northwest Texas, failed to provide reasonable break time for the employee to express breast milk, the DOL said. And when she did leave the premises to express milk, the company terminated her, the DOL said.

☆ The No. 1 reason Gen Z workers are leaving their dream jobs behind—and what they're seeking instead
▼ + stars: | 2023-05-16 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +3 min

Gina Fahrenholz, 22, left her childhood dream job of criminal justice to become a nurse once she realized she would be more financially stable. After advising thousands of college students on their career paths, Christine Cruzvergara "doesn't truly believe in only having one dream job." Rather, Cruzvergara, the chief education strategy officer at early-career job platform Handshake, says, "The reality is your dreams can change." The 2023 definition of a dream jobFarenholz is not alone in her decision to abandon her childhood dream job in favor of stability. Instead, Cruzvergara says, students are looking at brands "that have stood the test of time" like Raytheon, Capital One and Nike.

GMB's backing means the offer has been accepted by four unions representing National Health Service (NHS) workers whose members include midwives, physiotherapists and ambulance workers. The NHS Staff Council, which includes representatives from NHS employers and trade unions, is due to meet on May 2 to vote on whether to accept the offer. The GMB's leadership said it would now vote in favour of the pay offer, after 56% of its members who voted in a ballot accepted the deal. "This new pay offer would not have happened without the strike action taken by ambulance and other GMB health workers," said Rachel Harrison, GMB National Secretary. "Our members recognise that progress has been made - from the government originally offering nothing, health workers will be thousands of pounds better off."

☆ UK set to curb nurses' strike after union does not defend legal action
▼ + stars: | 2023-04-27 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Toby MelvilleLONDON, April 27 (Reuters) - The British government on Thursday looked set to limit the length of an upcoming strike by nurses, after their trade union did not send lawyers to defend legal action it has brought over the dispute. However, Britain's health department says that industrial action on May 2 would be unlawful because a vote to strike is only valid for six months after a ballot of trade union members. Lawyers representing health minister Steve Barclay told London's High Court on Thursday that, as the RCN ballot closed on Nov. 2 last year, a strike on May 2 would be "clearly unlawful action". Lawyer Andrew Burns, representing the government, said the union had performed "a significant U-turn" and was no longer contesting the bid to have the final day of its strike action declared unlawful. "We have ended up in a very regrettable situation where a major – and, one would hope, responsible – trade union has been publicly saying that its members can take lawful strike action on May 2," Burns said.

☆ UK health minister says he will seek court order to block nurses' strike
▼ + stars: | 2023-04-21 | by ( ) www.reuters.com time to read: +1 min

April 21 (Reuters) - British health minister Steve Barclay said on Friday that he intends to pursue legal action against the Royal College of Nursing's upcoming strike action. "Following a request from NHS Employers I have regretfully provided notice of my intent to pursue legal action to ask the courts to declare the Royal College of Nursing's upcoming strike action planned for 30 April to 2 May to be unlawful," he said. "Bullying nurses and dragging us through the highest courts would not be a good look for government," the Royal College of Nursing (RCN) said in a response to his statement. Last week, nurses in England rejected an offer of a 5% pay rise and set out plans for further strikes. Reporting by Shivani Tanna in BengaluruOur Standards: The Thomson Reuters Trust Principles.

☆ Opinion | Could Peer Influence Be a Cause of the Global Baby Bust?
▼ + stars: | 2023-04-21 | by ( Peter Coy | ) www.nytimes.com time to read: +3 min

I read several papers on peer effects on fertility with Angrist’s caveats in mind. Those factors made the classmates more likely to become pregnant, which in turn influenced the fertility outcomes of the girls being studied. Less-educated women were less likely to have a baby when a colleague of the same education level had one. The negative peer effect for less-educated women “could come from a desire to distinguish oneself from one’s peers,” among other factors, they speculated. The research “provides support for the role of social norms in the fertility choices of reproductive-aged Chinese women,” they wrote.

☆ ADHD medication abuse in schools is a ‘wake-up call’
▼ + stars: | 2023-04-18 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +7 min

Schools with the highest rates of teens using prescribed ADHD medications were about 36% more likely to have students misusing prescription stimulants during the past year, the study found. Schools with more White students and those who had medium levels of student binge drinking were also more likely to see teen abuse of stimulants. “But these findings were not being driven solely by teens with ADHD misusing their medications,” McCabe said. Research has also shown people who misuse ADHD medications are highly likely to have multiple substance use disorders. “Parents can make sure the schools their kids attend have safe storage for medication and strict dispensing policies.

☆ Boomers Are Buying up Homes, Blocking Millennials From Housing Market
▼ + stars: | 2023-04-05 | by ( James Rodriguez | ) www.businessinsider.com time to read: +9 min

The housing market is not a generation-versus-generation cage match. "So the fact that they are now trailing behind the baby boomer population just speaks to the difficulty of the housing market today." A lot has changed in the housing market since the NAR's survey period. In a housing market of "haves" and "have nots," equity-rich homeowners have the edge over hopeful first-time buyers. Millennials know that they have time on their side, since boomers will eventually age out of the market entirely.

☆ China has to figure out how to care for 400 million people over the age of 60 by 2040 — and it's off to a rocky start
▼ + stars: | 2023-02-20 | by ( Matthew Loh | ) www.businessinsider.com time to read: +11 min

By 2040, it's expected to have 400 million people above the age of 60 — more people than in the entire US. "It's obvious that relying on contributions from medical insurance schemes to fund age care services is not likely to be viable in the longer term," she said. Alzheimer's is quickly rising as a concern in China, Luk said. "Is China aging rapidly? Beijing has been pressuring the private sector into building daycare centers, wards, and other age care infrastructure to shore up gaps in local government finances, Gu said.

☆ Cleveland Clinic to open its third London facility as Brits flock to private health care
▼ + stars: | 2023-02-15 | by ( Hanna Ziady | ) edition.cnn.com time to read: +3 min

London CNN —US group Cleveland Clinic will open its third London facility this autumn as demand for private health care booms in the United Kingdom — sparked in large part by long wait times to access treatment on the National Health Service (NHS). “We are excited to be expanding our London footprint with a third location, in the heart of the City of London,” said Tommaso Falcone, interim CEO of Cleveland Clinic London. Cleveland Clinic is one of several major private health care providers expanding rapidly in the United Kingdom to keep up with demand from a much broader swathe of the population than ever before. Also building new UK facilities this year are HCA Healthcare — another American group — and private hospital group Spire Healthcare. NHS wait timesThe demand is being fueled by long wait times to access care on the NHS.

☆ UK strikes hit a 30-year high as inflation erodes pay
▼ + stars: | 2023-02-14 | by ( Hanna Ziady | ) edition.cnn.com time to read: +3 min

Many public sector workers have been offered raises of 4% or 5% for the current financial year, far lower than the 10.5% annual inflation rate in December. Real pay fallsThe UK government has so far refused to grant public sector workers higher pay awards, arguing that doing so risks making the inflation problem worse. For public sector workers, the decline in real pay will have been worse as, without adjusting for inflation, their wages grew a lot less compared with private sector earnings. The ONS said private sector pay growth was at its strongest outside the height of the coronavirus pandemic. “However, median anticipated public sector pay rise expectations of 2% lag those in the private sector at 5%, with the gap providing the context for ongoing discontent and strikes among key public sector workers,” the CIPD said.

☆ Britain faces largest ever healthcare strikes as pay disputes drag on
▼ + stars: | 2023-02-05 | by ( Sachin Ravikumar | ) www.reuters.com time to read: +3 min

Unfortunately, we've been seeing a situation with the ambulance unions where they refuse to provide that information," he said. Ambulance workers have denied Shapps' allegation. Sharon Graham, leader of the Unite union, told the BBC on Sunday she wanted Sunak to come to the negotiating table, accusing the government of lying about ambulance workers. Not all ambulance workers will strike at once and emergency calls will be attended to. In Wales, nurses and some ambulance workers have called off strikes planned for Monday as they review pay offers from the Welsh government.

☆ I made nearly $2 million in 2 years selling my nursing-school study notes on Etsy and TikTok — here's how
▼ + stars: | 2023-02-03 | by ( Jen Glantz | ) www.businessinsider.com time to read: +8 min

Stephanee Beggs, 28, started posting her study sheets on TikTok while in nursing school. She plans to keep her day job and loves that her influencer work ties back to her hospital job. It's also humbling and exciting seeing how many people have gravitated toward my TikTok videos and study sheets. My approach to TikTok is organized and strategicWhen I first started posting on TikTok, I didn't have much of a strategy or direction. Once my study sheets started selling on Etsy, I decided to come up with a game plan of how to continue to monetize my audience.

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