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☆ America is stuck in a greased-pig economy
▼ + stars: | 2023-09-19 | by ( Linette Lopez | ) www.businessinsider.com time to read: +10 min

At the same time that prices were cooling off, the rest of the economy seemed to be holding up. And consumers were so intent on spending money to have a good time that cities let Beyoncé dictate public transit. In this greased-pig economy, stability depends on how confident investors and policymakers are that they're close to catching the pig. Moving in a messIn the messy economy the pandemic left us, it's not easy to pinpoint exactly why inflation has been so stubborn. CPI inflation peaked at 9% in June 2022 and has been going down steadily since.

Persons: it's, Jerome Powell, Mike Konczal, Konczal, we've, Price, proclivity, that's, Taylor Swift, we'd, Charles Evans, Christine Lagarde, Morgan, Jamie Dimon, Roosevelt, —, you've, Justin Simon, Jasper Capital, Linette Lopez Organizations: Consumers, Federal, Roosevelt Institute, Fed, Chicago Fed, European Central Bank, Census Locations: American, America, Jasper

☆ How A.I. can help create jobs for humans, not just automate them
▼ + stars: | 2023-08-10 | by ( Rachel Curry | ) www.cnbc.com time to read: +5 min

In this article UPWK Follow your favorite stocks CREATE FREE ACCOUNTMemorystockphoto | Istock | Getty ImagesFor organizations creating a long-term strategy around generative artificial intelligence, the technology has the capacity to create jobs for humans, not just automate them. Then there are even more nuanced roles, such as AI ethicists (whose job is, essentially, to maintain a responsible AI framework). Not only are there more types of jobs as a result of the generative AI boom, but companies are actually hiring more because of the generative AI surge. That's why experts say upskilling existing employees is essential to any organization's AI integration. AI is fast — business consulting firm Accenture's report on so-called "AI maturity" predicts that AI transformation will occur 13% faster than overall digital transformation through 2024.

Persons: Margaret Lilani, upskilling, Ger Doyle, Doyle, " Doyle, Lilani, onboarding, it's Organizations: Istock, AI, Hire, SAS, Talent Survey

☆ Spirit was named the second-worst airline in the US. Here's how I managed surprise fees on a flight from New York to Miami as a veteran low-cost traveler.
▼ + stars: | 2023-07-30 | by ( Taylor Rains | ) www.businessinsider.com time to read: +2 min

Spirit Airlines is commonly named one of the worst airlines, coming in second-worst in a new ranking. Here's how I managed add-on fees from New York to Miami to make my Spirit flight more enjoyable. Low-cost giant Spirit Airlines is infamous for its bare-bones yellow planes and costly add-on fees. In November, I flew on Spirit from New York to Miami to once again experience the full no-frills experience. Here's how it went, and how I managed the add-on fees.

Organizations: Airlines, Spirit Airlines Locations: New York, Miami, Florida

☆ Don’t Take It From a ‘Thinkboi’
▼ + stars: | 2023-06-30 | by ( Erin Griffith | ) www.nytimes.com time to read: 1 min

You can do a lot of work for a long time and hope you are someday rewarded with success. Or you can skip the grueling, boring part and tweet as if you already are a success. The first group — business influencers who have made it — are called thought leaders. The second group — those who haven’t but post as if they have? Once you understand the difference, it’s difficult to unsee.

☆ What one key business indicator is saying about China's consumer recovery
▼ + stars: | 2023-06-12 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

"For 618, generally of course brands will be trying, but compared to before it's a bit more tired," said Ashley Dudarenok, founder of ChoZan, a China marketing consultancy. In the first quarter, the median disposable income of urban residents in China was officially 12,175 Chinese yuan ($1,739), up 3.9% from a year ago. A focus on affordabilitySluggish economic growth and uncertainty about future income have weighed on Chinese consumer spending since the Covid-19 pandemic. watch nowBrands are keen to spend more on ByteDance's Douyin, likely taking away from ad spending on Alibaba's Taobao and Tmall e-commerce platforms, Oliver Wyman's Xie said. And for brands spending on Douyin, he said the return on investment per ad dollar was getting lower.

Persons: Jade Gao, Ashley Dudarenok, Dudarenok, let's, Microsoft's Bing, Dave Xie, Oliver Wyman, Douyin, Oliver Wyman's Xie, ByteDance isn't, doesn't, Pinduoduo, Sun Hao, Sun, didn't, Trip.com, Kelly Shi Organizations: Afp, Getty, Baidu, Retail, Brands, Growth, Nestle, Netflix Locations: Beijing, BEIJING, China

☆ New reports say business travel isn’t going back to normal — ever
▼ + stars: | 2023-04-24 | by ( Monica Pitrelli | Rob Goss | ) www.cnbc.com time to read: +5 min

The days of high-flying, big-spending business travel may be over for good. As a new report by research company Morning Consult declared: Business travel will never return to normal. Tighter corporate budgets and new ways of virtual working have permanently changed business travel, according to the report, titled "Business, but Not as Usual." A different business travel model is slowly but surely becoming entrenched, crystallizing a "new normal" for the industry, according to the report. Bright spots for business travelBut there are several bright spots for those cheering the robust return of business travel, according to the reports.

☆ Amazon announces 'Bedrock,' its ChatGPT and DALL-E rival
▼ + stars: | 2023-04-13 | by ( Aaron Mok | ) www.businessinsider.com time to read: +3 min

Amazon announced on Thursday its generative AI toolkit called "Bedrock," a ChatGPT and DALL-E rival. Amazon Web Services customers can use Bedrock to build chatbots, generate text, and create images. AmazonThe announcement comes after Amazon CEO Andy Jassy wrote in his annual shareholder letter that his company is betting big on generative AI. As generative AI tools have become more widely available to the public, people have flocked to tools like ChatGPT to start their own businesses. Amazon is the latest big tech giant to release generative AI tools along companies like Microsoft and Google, which launched their own versions of AI chatbots earlier this year.

☆ I'm a Black woman who left her job at an architecture firm to go out on her own and I've never been happier
▼ + stars: | 2023-02-27 | by ( Marguerite Ward | ) www.businessinsider.com time to read: +4 min

Xena Stryker left corporate America several years ago after feeling discriminated against. The company, Xena Design + Marketing Firm, has offices in Atlanta and Beverly Hills, California. At a previous job, I was the only Black woman at an architectural firm with hundreds of designers. I started my own company, Xena Design + Marketing Firm, and life is phenomenal right now. If you're in a similar position as I was previously in corporate America, my advice is: dream big, determine your unique selling point, find a supportive dream team, and get out.

☆ Gondolas left stranded as Venice's canals run dry
▼ + stars: | 2023-02-24 | by ( Claudio Lavanga | ) www.cnbc.com time to read: +3 min

Gondolas are pictured in the Grand Canal during a severe low tide in the lagoon city of Venice, Italy, March 17, 2022. "I have been a gondolier for 28 years, and I have never seen so many low tides at once," he added. "Low water levels in Venice are unheard of, especially at this time of the year," said Giovanni Cecconi, the president of the Venice Resilience Lab. "During low tides we could use the barriers to stop the water from getting out of the lagoon," he said. However, Claudio Scarpa, the director general of the Venetian Hoteliers Association, said the low tides did bring some benefits.

☆ 'Entourage' star Adrian Grenier traded Hollywood for a Texas ranch. Read the 21-page deck that helped him launch a production company and inspire others to embrace sustainable living.
▼ + stars: | 2023-01-12 | by ( Reed Alexander | ) www.businessinsider.com time to read: +5 min

Adrian Grenier, star of HBO's hit series "Entourage," now lives at Kintsugi, a ranch outside Austin. He's taking viewers into his sustainable lifestyle with a new production company, Earth Speed Media. "Entourage" star Adrian Grenier went from La La Land — to working the land. Named Kintsugi, a Japanese word for a traditional art of repairing pottery, the ranch is a far cry from life in Hollywood. To coincide with Earth Speed Media's launch, the company shared the deck that helped it raise more than $150,000 in pre-seed funding last year.

☆ The 10 easiest businesses to start in 2023, including freelance writing, user-generated content creation, and digital marketing
▼ + stars: | 2023-01-01 | by ( Alexandra York | Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +2 min

2023 is a hopeful time to start a business or side hustle, especially for solopreneurs. Digital marketing, content creation, and e-commerce are among those with the most potential. The gig economy is growing in size and specialty, said Lauren Russell, freelancer and founder of social media marketing agency Irresistibly Social LLC. "With the gig economy growing, there are a lot of micro niches so people can have a more custom, tailored service," Russell said. Insider spoke with economists and entrepreneurs about the best businesses to start in 2023.

☆ Companies are too quick to lay off employees in a recession, one entrepreneur says. Instead, they should focus on retaining valuable 'human capital.'
▼ + stars: | 2022-12-13 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +5 min

Instead, he said, business owners should look at other ways to cut costs. This article is part of Talent Insider, a series containing expert advice to help small business owners tackle a range of hiring challenges. He attributed that outcome to the closer relationships business owners have with their employees. But Niddel said it's not enough to ask employees to take a pay cut if the founder isn't doing so as well. For example, Luzio and her chief operating officer took larger pay cuts than the rest of the staff.

Financial planner Michael Garry opened his firm in 2006 and helped clients through the Great Recession. With a possible recession on the horizon, he advises sticking to your plan and investing more if you can. For those who lived through the Great Recession of 2007 to 2009, the prospect of another downturn is unsettling. Stick with your plan"If you have a plan, stick with your plan," Garry says. Editor's Rating 3.9/5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star Editor's Rating 4.65/5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star Editor's Rating 4.34/5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star Learn more On Acorns' website Learn more On SoFi's website Learn more On Wealthfront's websiteAvoid get-rich-quick investmentsEconomic uncertainty can make us susceptible to investments that promise fast returns, but traditional investments remain your best bet.

☆ I've made $305,000 in revenue in the last year as a money coach. Now the business pretty much runs itself — here's how I set it up by focusing on one new product.
▼ + stars: | 2022-11-19 | by ( Chloé Daniels | ) www.businessinsider.com time to read: +12 min

Chloé Daniels is a money coach who sells a course that makes her thousands a month. The gross revenue I made from my first year as a full-time business owner was $305,000, with about $45,000 of expenses. By recognizing I had to scale, bringing in an expert, and focusing on one funnel and one product. When I started shopping for a business coach, I was nervous because there are so many problematic business coaches who teach people how to run a business despite never having run a business before. So many content creators create a course or digital product and push it out to their audience without a funnel.

☆ From 'labor hoarding' to layoffs: Get ready for a brutal U-turn in the job market
▼ + stars: | 2022-10-27 | by ( George Pearkes | ) www.businessinsider.com time to read: +9 min

This desire for positivity may explain the popularity of a hot, new theory about the job market: labor hoarding. A bet on the futureThe idea of labor hoarding is basically an assumption about the bet that companies are making on the future of the labor market and customer demand. Another helpful tool to see how businesses are adapting to the labor market is the Bureau of Labor Statistics' quarterly Business Employment Dynamics report. Instead, we're seeing a more-balanced response consistent with a tight labor market that is losing some steam. So when the real pain starts, there's a good chance the US will quickly shift from labor hoarding to layoffs.

☆ How Brex cards and software are transforming spend management by focusing on the user experience
▼ + stars: | 2022-10-24 | by ( Sponsor Post | Created Insider Studios With Brex | ) www.businessinsider.com time to read: +6 min

Brex ends the standoff and turns corporate spending into a great employee experience by making compliance easy and automatic. It may be the necessary and exciting future of business, but it's also a headache for finance teams. As a single solution for global spend, Brex was built for distributed, international teams. It flips corporate spending policies from command and control to trust and verifyMany corporate spending policies can make expense-related conversations feel like an interrogation: What is this expense? Brex is a complete spend solution that doesn't just address the pain points of corporate spending; it reimagines corporate spending for a global, mobile, fast-paced world.

☆ The climate has changed — so should our economics
▼ + stars: | 2022-09-01 | by ( Jennifer Steinmann | ) www.businessinsider.com time to read: +5 min

If we take decisive climate action now, there is potential to add $43 trillion in net present value to the global economy by 2070. Not only could un-checked climate change lead to significant damage on an environmental and human scale, but it would also be detrimental to the global economy. The Deloitte Economics Institute's recently released Global Turning Point report finds that unchecked climate change could create $178 trillion in global economic losses (in present value terms) between now and 2070. The Deloitte Economics Institute analysis reveals economic growth and opportunities through the new jobs, industries, and innovations that could lie ahead in the next 50 years if we take swift and substantive global climate action. How the transformation looks and unfolds will vary by region, but the Deloitte Economics Institute's modeling shows that nearly every country and sector would gain through swift decarbonization and climate action.

You can write a review on Facebook to help others make an informed decision about a business. You can leave this recommendation directly on a Facebook business page. There are many ways to do that, but one way is to post on a business' Facebook page, if it has one. Additionally, if one of your Facebook friends recommends a business, it will appear first on that Facebook page as well as on your friend's timeline. Go to the Facebook page of the business you want to review.

☆ A VC associate breaks down what it's like to work in venture capital: 'Our business model is to make piles of money into bigger piles of money'
▼ + stars: | 2022-05-11 | by ( Nina Anika Klotz | Nathan Rennolds | Business Insider Deutschland | ) www.businessinsider.com time to read: +5 min

Generation Z has already produced many founders, but it's still underrepresented in venture capital, Lawrence said in an interview with Insider. "Our business model is to make piles of money into bigger piles of money," Lawrence said. Lawrence said she got into venture capital because she wanted to help founders with visions she believes in. Her LinkedIn profile said she started in the operations team and then moved to the funds team. In Berlin, everyone is looking, and some funds work together, leading to everything becoming overpriced, she added.

☆ Luxury resort quarantines — Gen Z's 'old money' aesthetic — Infinity-pool shortage
▼ + stars: | 2021-10-08 | by ( Jordan Parker Erb | ) www.businessinsider.com time to read: +3 min

The wealthy have figured out a way to bypass the United States' travel ban: by quarantining at luxury resorts in the Caribbean and Mexico. The CWGen Z and millennials are bringing back an "old money" aesthetic — think country clubs, dinner parties, polo, and yachts. On Wednesdays she has "CEO days," where she focuses on the big picture — business planning and creating ideas. Courtesy of Neave GroupThere's a luxury pool shortage. We spoke to seven luxury pool designers, who described the unprecedented demand.

Gig workers must pay federal income taxes, and a 15.3% self-employment tax on earnings above $400. Like any other self-employed person, gig workers can lower the income tax they owe by claiming relevant expenses. That means if you earned money from Uber, Lyft, Postmates, Instacart, Etsy, or a similar company, you may be on the hook for federal income taxes. You'll have to pay income taxes on your net earnings (your gross income minus any related expenses). The deadline to pay any individual income tax you owe for the 2022 tax year is April 18, 2023.

☆ Writing for Insider — Business
▼ + stars: | 2021-01-14 | by ( Business Insider | ) www.businessinsider.com time to read: +3 min

Insider covers the people, companies, and ideas changing our world — and we welcome outside voices to help us do that. There are two main ways to write for Insider: as a contributor or as a freelance writer. Contributors at Insider — BusinessOn a case-by-case basis, we accept one-off posts from outside contributors that fit in seamlessly with the areas we cover: Business News, Tech, Finance, Markets, Healthcare, Transportation, Retail, Strategy, Real Estate, and Politics. Freelance writers at Insider — BusinessWe welcome pitches of personal essays, as-told-tos, diaries, profiles, how-tos, reported features, and more. Our policies: What to knowAll writers — both contributors and paid freelance writers — must sign a contract when a piece is accepted.

As a personal-finance nerd, my friends and family regularly ask me for advice on how to take control of their money. But my first advice is to do something a bit simpler: Open a high-yield savings account. A high-yield savings account is a regular, FDIC-insured savings account, just like the one many people have with their big banks. A high-yield savings account, on the other hand, is a low-risk, low-stress savings vehicle. Everyone should have a high-yield savings accountI originally opened a high-yield savings account in 2013.

Persons: I've, isn't, Insider's, —, Ally Financial Organizations: Service, Northwestern Mutual, Federal Reserve, FDIC Locations: It's

☆ I Spent The Night In A Homeless Shelter—Here's What It Was Like
▼ + stars: | 2012-01-17 | by ( Robert Johnson | ) www.businessinsider.com time to read: +13 min

Last week, I registered at a shelter in Atlantic City and spent the night in a jam-packed room with more than 100 other men. His name was Pastor Gregory. If I stayed out of trouble, Pastor Gregory said, I could stay, more or less, indefinitely. Advertisement“Are you hungry?” Pastor Gregory asked me when we were done. AdvertisementAfter Pastor Gregory saw me drying off, he disappeared and I was on my own.

Persons: Robert Johnson —, I've, I'm, Bill Southrey, he’s, “, Pastor Gregory, Pastor Gregory said, Southrey, Gregory, ” Pastor Gregory, ”, I’ll, you’re, Greg, Granny Smith, Ralph Lauren, ” Southrey Organizations: Atlantic, Rescue, Atlantic City, Navy Locations: Atlantic City, New York, Atlantic, paychecks, Latina, New Jersey

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