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☆ I became a data analyst and grew my salary 5x without working in Big Tech. Non-tech companies offer more flexibility and less stress.
▼ + stars: | 2024-05-21 | by ( Charlotte Chaze | ) www.businessinsider.com time to read: +8 min

Landing a data analyst job helped me achieve the life I had dreamed ofI started looking at job boards and saw a ton of data analyst positions, with an average starting salary of around $70,000, in 2018. I don't feel that working in Big Tech is worth itWhen people think about working a tech job, many think of Big Tech companies like Tesla and Meta, which offer the highest salaries and have a certain air of prestige. Although they might not be quite as high as Big Tech roles, the salaries at non-tech companies can be super competitive, especially if you focus on non-tech companies in the Fortune 500. When you apply for tech jobs at non-tech companies, you're not competing against people who are trying to be the best in the world. AdvertisementI advise anyone hoping to land their first data analyst job at a non-tech company to start looking at their current job as an asset and find where it overlaps with data analyst jobs.

Persons: —, I'd, we're, Barry, Charlotte Chaze, Charlotte Chaze There's, you'll, Jane Zhang Organizations: Service, Business, Comcast, Disney, Big Tech, Kroger, & $ Locations: Philadelphia, Delaware, Catskills, Charlotte, El, Forest , Puerto Rico, janezhang@businessinsider.com

☆ Recession seems almost certain with 19 states in trouble already, expert warns
▼ + stars: | 2024-05-20 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

Read previewGet ready for a recession that hammers consumers, squeezes companies, and drags down stocks, a veteran economist warned. "There is a very high probability of a recession," Nancy Lazar, Piper Sandler's chief global economist, told WealthTrack in a recent interview. Whenever that many states have recorded significant increases in joblessness in the past, there's been a nationwide recession, she noted. AdvertisementSeveral parts of the economy are "really, really struggling," Lazar continued. "If we have a recession, inflation will slow," she said.

Persons: —, Nancy Lazar, Piper, WealthTrack, Lazar, you've, You've, Lazar said, there's, They've, I'm, I've Organizations: Service, Cornerstone Macro, Business, Fed Locations: joblessness

☆ Biden confronts 2024 weak spots with young, Black voters at Morehouse commencement
▼ + stars: | 2024-05-19 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +4 min

U.S. President Joe Biden addresses Morehouse College graduates during a commencement ceremony in Atlanta, Georgia, U.S., May 19. Biden's commencement address at Morehouse comes as recent polling has showed Black voters, especially young ones, have weakening enthusiasm for the president. Meanwhile, former President Donald Trump's support from Black voters has increased by 9 percentage points. But Biden still has the majority of support among Black voters, at 69% vs. Trump's 18%. Vice President Kamala Harris has spent years reaching out to Black voters over the course of Biden's first term.

Persons: Joe Biden, Morehouse, Donald Trump's, Biden, Biden's, Sebastian Gordon, Kamala Harris, Wally Adeyemo, Steven Horsford, Harris, Adeyemo Organizations: Morehouse College, Morehouse, Black, NBC, NBC News, White House, Georgia, NAACP, state's Democratic, Biden Locations: Atlanta , Georgia, U.S, Gaza, Black, Atlanta, Israel, Detroit, Nevada, Wisconsin

☆ A career coach shares 3 keys to setting yourself up for success as an entrepreneur
▼ + stars: | 2024-05-19 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +4 min

Career coach Marlo Lyons told Business Insider that mindset is huge when betting on yourself, but it isn't everything. You can't really start an innovative bioengineering company without any background knowledge, and you don't need to go back to school to become an entrepreneur. Break it down week by week —what will you accomplish to hit your goals? I don't know how to do that. You don't know what you don't know along the path of building a business, so get comfortable admitting you don't have all the answers and even more comfortable finding out who to ask.

Persons: Marlo Lyons, aren't, Lyons, What's Organizations: Service, Center for American Progress, of Labor Statistics, Business

☆ Meet WiFi Money: Wealthy Finance Influencers Who Infuriated Investors
▼ + stars: | 2024-05-19 | by ( Rob Price | ) www.businessinsider.com time to read: +26 min

The Texas couple were staring down more than $100,000 in debt, much of which they had poured into WiFi Money. Those who give their money to WiFi Money are often encouraged to sign up other people in return for a cut of their profits — and perhaps, one day, a chance to become part of the WiFi Money crew. As the money poured in, WiFi Money gained a patina of mainstream credibility. AdvertisementThrough WiFi Money, Moeller and Frederick had created a virtuous cycle of money and influence. The same month investors took WiFi Money to court over the stores, DBC announced it was closing down.

Persons: Alex Moeller, influencer, Jasmine Sadry, Joey Martin, Martin, Moeller, Chris Frederick, Casa Moeller Martinez, MentorCI, Kim Kardashians, Gary Vee, Uber, Etsy, Farnaz Ghaedipour, Frederick, Jay Gatsby, Scott Fitzgerald's, Brandon Celi, There's, Billy, Chris Casey, There's Todd Cahill, Liz Friesen, Tana Mongeau, Kardashian, —, James Ragano, BI Moeller, wouldn't, Kyle McDougal, Sadry, Kyncey, McDougal, hustlers, Kevin O'Leary, Jordan Belfort, Ronaldinho, Glenn Beck, I've, he'd, Daemon, I'm, they'd, It's, Chris Costello, Francis, Ashley, Costello, Gatsby, Casey, Avery Williamson, Victor Bermudez, DBC, They're, Instagram, Rolex Submariner Organizations: WiFi, Lamborghini, McLaren, Fox News, YouTube, Invest, Stanford University, PBS, BI, Social, Yahoo Finance, Business, Times, Piccadilly Circus, Fort, DMs, Kyncey Investments, Amazon, Kyncey, Investors, CNN, Fox Business, Big Tech, Florida Tropics Soccer Club, Royce, WiFi Money, Federal Trade Commission, WifiMoney, IRS, NFL, Dallas, Rolex Locations: Instagram, Mexico, Texas, Dallas, Quito, Ecuador, @amoeller, Florida, pecs, Maryland, Europe, Illinois, Mita, Burj, Fort Worth, dropshipping, Brazilian, New York City, ensconced, Minnesota, Los Angeles, Munich

☆ A renowned market bear who called the dot-com bubble warns Wall Street groupthink is wrongly leading investors to abandon recession forecasts — and says a 'policy disaster' is brewing as the Fed keeps
▼ + stars: | 2024-05-18 | by ( William Edwards | ) www.businessinsider.com time to read: +6 min

Various labor market indicators are also showing growing weakness in the economy, he said. Societe GeneraleNational Federation of Independent Business data shows further labor market weakness is likely to come, as small business hiring plans continue to fall. Both stats would suggest a rising unemployment rate going forward. In the meantime, the labor market has consistently proven resilient despite high interest rates, and stocks have enjoyed an eye-popping rally to new highs. Some also argue that labor market data points like the rising unemployment rate have to be shown with context.

Persons: —, Albert Edwards, didn't, Edwards, aren't, we'll, Societe Generale Edwards, Bob Elliott, groupthink Edwards, Alan Greenspan Organizations: Service, Societe Generale, Wall, Business, Societe Generale National Federation of Independent Business, ING, Generale, Unlimited Partners, Bridgewater Associates, of Labor Statistics, Tech

☆ The Dominican Republic votes on Sunday. Here’s what to know
▼ + stars: | 2024-05-17 | by ( Jessica Hasbun | ) edition.cnn.com time to read: +10 min

Santo Domingo, Dominican Republic CNN —The Dominican Republic is days away from a general election that will see voters elect new lawmakers and the president as they weigh the nation’s economy and security. During his first term from 2020 to 2024, the Dominican Republic established a new record in the tourism industry, with more than 10 million tourists visiting the island in 2023. Former President of the Dominican Republic and presidential candidate of the People's Force party Leonel Fernandez greets supporters as he attends a closing campaign rally ahead of Sunday's election, in Santo Domingo, Dominican Republic, May 15, 2024. Martinez poses during an interview with EFE, in Santo Domingo, Dominican Republic, 13 May 2024. People wait in Ouanaminthe, Haiti to cross into Dajabon, Dominican Republic, Friday, May 17, 2024.

Persons: Santo Domingo, Dominican Republic CNN —, Luis Abinader, “ Abinader, ”, Bernardo Vega, Vega, National District Guillermo Moreno, Orlando Barria, Rosario Espinal, Abinader, Critics, Leonel Fernández, Fernandez, Leonel Fernandez, Henry Romero, “, Abel Martínez, Martinez, EFE, Pablo Flores, Flores, Matias Delacroix, Ney Segura Organizations: Dominican Republic CNN, Caribbean nation’s, Modern Revolutionary Party, National Police, Bank, National District, Dominican Liberation Party, Dominican, People's Force, Reuters, Force, People, Quarterly, United Nations, Santo, country’s National, US State Department, World Bank Locations: Dominican Republic, Dominican, Santo Domingo, Haiti, Port, Santiago, Caribbean, Ouanaminthe, Dajabon

☆ Biden team consulted prominent Morehouse alumni to craft commencement speech that’s expected to praise student voices
▼ + stars: | 2024-05-17 | by ( Kayla Tausche | Arlette Saenz | ) edition.cnn.com time to read: +5 min

“The voices of students have grown even more clear, particularly in the last few years,” Allen told CNN in an interview, pointing to the protests following George Floyd’s murder and the Black Lives Matter movement. Among those issues, according to people familiar with the discussions, was student worry that their achievements would be overshadowed by a stump speech. On this day, he’s a commencement speaker for these young men, and that’s what he plans to do – be a commencement speaker,” Benjamin told CNN in an interview. At Morehouse, Biden’s broader economic message touting the expansion of the middle class is likely to hit home, according to Allen. HBCUs “continue to be the number one engine for promoting African Americans into the middle class,” Allen told CNN.

Persons: Joe Biden, Tony Allen, Biden’s, ” Allen, George Floyd’s, Stephen Benjamin, Biden, he’s, ” Benjamin, Donald Trump, haven’t, ” Dr, Eddie Glaude Jr, ” Glaude, Jeh Johnson, Randall Woodfin, Steven Reed, Cedric Richmond, ” Richmond, Richmond, Allen, HBCUs “, ” Organizations: CNN, Morehouse College, Delaware State University, White House, Atlanta, Princeton University’s Department of African American Studies, Morehouse, Trustees, White, Homeland, Black, National Museum of, “ Locations: Gaza, Birmingham , Alabama, Montgomery , Alabama, Black

☆ Here are the perks Trump's top donors would receive during the Republican National Convention
▼ + stars: | 2024-05-16 | by ( Brian Schwartz | ) www.cnbc.com time to read: +3 min

ANAHEIM, CALIFORNIA - SEPTEMBER 29: Former U.S. President Donald Trump Former U.S. President Donald Trump speaks at the California GOP convention on September 29, 2023 in Anaheim, California. Presidential candidates set to speak at the convention include former President Donald Trump, Florida Gov. (Photo by David McNew/Getty Images)Former President Donald Trump's top donors are to be rewarded for supporting him while they attend the Republican National Convention in July, according to new documents reviewed by CNBC. A fundraising committee called Trump 47 is offering its donors "major investor convention benefits," according to a pamphlet. The document lists convention rewards for Trump 47 Committee donors who either raise up to $2.5 million or personally give between $24,000 and $844,600.

Persons: Donald Trump, Ron DeSantis, South Carolina Sen, Tim Scott, Vivek Ramaswamy, David McNew, Donald Trump's, Trump, Harley, Jeffrey Sprecher, Sen, Kelly Loeffler, Robert Mercer, Linda McMahon, Woody Johnson Organizations: U.S, Donald Trump Former U.S, California GOP, Florida Gov, Republican National Convention, CNBC, Trump, Republican National Committee, Republican, Donors, Fiserv, Davidson, Republicans, RNC, Intercontinental Exchange, Renaissance Technologies, Small Business Administration, New York Jets Locations: ANAHEIM, CALIFORNIA, California, Anaheim , California, Florida, South Carolina, Milwaukee

Thedieck, now 31, is still in the military, and has gotten an awful lot of what he's wanted ever since. Darren Thedieck, age 31, joined the Air Force at age 18. Saving on a military salaryThedieck was interested in saving and investing long before he joined the Air Force. Right now, though, the plan is for that money to provide a financial "cushion" for the family, Thedieck says. Instead of full retirement after military life, both he and Naudia plan to take off in a new direction.

Persons: Darren Thedieck wasn't, he's, Thedieck, He's, Darren Thedieck, Andrea Ferro, Naudia, Denmark —, he'll, — Warren Buffett, Benjamin Graham, Darren, That's, They're Organizations: CNBC, U.S . Air Force, Air Force, titans, Social Security, Service Credit Union, Apple, Disney, Netflix, Spotify, FIRE Locations: Las Vegas, England, South Korea, Germany, Aviano, Italy, Venice, Denmark, United States

☆ Biden hails ‘monumental’ steps toward easing marijuana rules as rescheduling process moves ahead
▼ + stars: | 2024-05-16 | by ( Kevin Liptak | ) edition.cnn.com time to read: +3 min

Biden has already pardoned federal marijuana offenders and urged individual state governors to take similar steps. On Thursday, the Justice Department is taking the next formal step in the process of easing federal restrictions on cannabis, according to a senior administration official. The rescheduling proposal will appear publicly in the Federal Register, opening it up for a 60-day public comment period. While the process for rescheduling marijuana is lengthy, the president’s aides believe the step is a necessary one to place the drug in a more appropriate category. Biden’s advisers also privately acknowledge the potential political benefit of loosening rules on marijuana, which has gained wider cultural acceptance over the last decade.

Persons: Joe Biden’s, ” Biden, “, Biden, I’m, ” Organizations: Washington CNN, Department, Justice, Federal, Drug, Justice Department

☆ Amazon's cloud business needs a 'bulldozer.' New AWS CEO Matt Garman fits the bill.
▼ + stars: | 2024-05-15 | by ( Eugene Kim | ) www.businessinsider.com time to read: +8 min

Read previewAt an October all-hands meeting, an Amazon Web Services employee asked executive Matt Garman about the company's difficult work environment. The people who spoke with BI about Garman asked not to be identified so they could freely discuss his abilities. One AWS employee pointed out to BI that Amazon Q was months behind the launch of Microsoft's AI Copilots. Associated PressOutside of AI, AWS has struggled in its core startups and small business segments, failing short of sales targets last year, as BI previously reported. Those customers are particularly important for AWS because the company built its early business by embracing that market.

Persons: —, Matt Garman, Garman, It's, Adam Selipsky, Selipsky, Andy Jassy, Matt, Amazon's, Patrick Neighorn, He'd, We're, Neighorn, it's, Claude, AWS's, let's Organizations: Service, Amazon Web Services, AWS, Business Insider, Employees, Business, Amazon, Stanford, BI, Mizuho Securities, Q, Cohere, Mistral, Google, Associated Locations: Anthropic

☆ TikTok’s new suitor is former Dodgers owner Frank McCourt, as lawsuit pushes back against ban
▼ + stars: | 2024-05-15 | by ( Brian Fung | Clare Duffy | ) edition.cnn.com time to read: +4 min

Frank McCourt, a real estate billionaire and the former owner of the Los Angeles Dodgers, said Wednesday he is laying the groundwork to acquire TikTok as part of a broad initiative to make a healthier internet. Still, McCourt said, the potential opportunity to acquire TikTok is a chance to rewire how social media works. “We can, and must, do more to safeguard the health and well-being of our children, families, democracy and society,” McCourt said in a statement. McCourt joins a host of other would-be suitors angling to pick up a platform used by 170 million Americans. A group of eight TikTok creators on Tuesday also filed a separate lawsuit challenging the potential ban.

Persons: Joe Biden, TikTok, Frank McCourt, McCourt, ” McCourt, Kirkland, Ellis, Sir Tim Berners, Lee, Steven Mnuchin, Kevin O’Leary, “, ”, Topher Townsend, ” TikTok Organizations: New, New York CNN, Los Angeles Dodgers, TikTok, Guggenheim Securities, Former, O’Leary Ventures, US Department of Justice Locations: New York, United States, China

☆ Tala: 2024 CNBC Disruptor 50
▼ + stars: | 2024-05-14 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: 1 min

Tala is out to disrupt legacy finance in developing markets by providing loans, credit, insurance and bill pay to consumers who lack access to banks, insurers and lenders, and who lack a financial track record. Last year, Tala increased its total loan volume to $5 billion across nine million people across three continents. That's up from $3.4 billion in credit dispersed to about eight million consumers the year before. The digital lender offers micro-loans between $10 to $500 to consumers and small businesses in emerging markets through its smartphone money app. Tala checks users' phone data and their bill paying activity to create credit scores that determine the loan amount it can offer.

Persons: Tala, Shivani Siroya Locations: Kenya, India, Philippines, Tala

☆ Kapital: 2024 CNBC Disruptor 50
▼ + stars: | 2024-05-14 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: 1 min

Small businesses dominate the global economy, and yet few banks focus on lending credit to this underserved demographic. According to the World Bank, small and medium-sized businesses make up 90% of global companies but only get 10.5% of total bank credit available. Even those that do get bank credit often don't have the kind of robust business management platform that large enterprises have. It gives businesses access to capital through revolving credit lines and business credit cards, while its business management platform provides real-time visibility into operations, cash flows, management of loans, payroll, benefits and invoicing. "That's what we're fixing — we give them visibility of their finances," Rene Saul, who co-founded Kapital with Fernando Sandoval in 2020, told TechCrunch.

Persons: Rene Saul, Fernando Sandoval Organizations: World Bank

☆ 4 tips for advertisers to find quality leads and drive sales
▼ + stars: | 2024-05-14 | by ( Sponsor Post | ) www.businessinsider.com time to read: +6 min

Most recently, they're evolving to help advertisers drive a high volume of quality leads. They use instant forms that allow customers to share simple information like name, email, and budget to generate quality leads that drive sales. To make the most of Meta's lead generation solutions, consider these four tips. Watch the video to hear more tips from advertisers who are driving quality leads at scale with Meta's instant forms, or learn more here. Conversion from lead to quality lead occurs when a user takes a qualifying, lower funnel action identified by the business, which moves them into a "quality lead" status.

Persons: Aly Gomez, John, John Wai, that's Organizations: John Wai Martial Arts, Meta, Partners, Meta Business, BR, SK, JP Locations: Dallas , Texas

☆ The South’s hidden gems? Its diverse gas stations, according to this photographer
▼ + stars: | 2024-05-13 | by ( Jacqui Palumbo | ) edition.cnn.com time to read: +7 min

Kate MedleyThe Obama Gas Station in Columbia, South Carolina, got its name in 2008 following the general election because of the community's support for President Obama's campaign. She visited around 150 gas stations and quick stops in total, finding the unique curation of each space compelling. A gas station in the Mississippi Delta offering an all-you-can-eat-buffet, which Medley visited in 2013. Kate Medley“The closest gas is 30 miles away,” Amanda Simonson, the general manager, told Medley when she walked in, according to Medley’s book. Medley photographed a former gas station in the Arkansas Delta, which had become a modest Baptist church.

Persons: Kate Medley, crawfish, Quik Shoppe, Medley, Marta Miranda, Kate Medley Mike Moatts, Dhinal Patel, Obama's, Kate Medley “, ”, Gurjeet Singh, Singh, Kate Medley Saint Louis Saveurs, Mouhamadou, Saint Louis Saveurs, “, ” Amanda Simonson, Jeff Poynor, she’s, Slim Jims, I’m Organizations: CNN, Institute, Market Express, Obama Gas Station, Mississippi Museum of Art, Scouting, Kwik Chek, Shell, Mississippi Delta, Arkansas Delta, Red Bulls Locations: Oxford , Mississippi, American, Charlotte , Carolina, Elberta , Alabama, Columbia , South Carolina, Jackson, Memphis , Tennessee, Hammond , Louisiana, Chandigarh, India, Indian, Greensboro , North Carolina, Bator, Senegal, Greensboro, Mouhamadou, Elaine , Arkansas, Mississippi, Banner , Mississippi, Arkansas

☆ Gen Z is getting hit hard by inflation
▼ + stars: | 2024-05-12 | by ( Krystal Hur | ) edition.cnn.com time to read: +8 min

For Gen Z, it was the Covid-19 pandemic. Why are we seeing that Gen Z is tapping into their credit more than their Millennial counterparts 10 years ago? Most Gen Z consumers are not homeowners. And so I think that’s been a big cause of what’s been driving a lot of that financial strain that Gen Z consumers have seen. The key is to not use the personal loans to pay off credit card debt and then run your credit card bills right back up after you do that.

Persons: TransUnion, Zers, Millennials, Gen Zers, Bell, Charlie Wise, we’ve, haven’t, You’re, Rishi Sunak, Hanna Ziady, Anna Cooban, Philip Jefferson, Loretta Mester, Jack, Neel Kashkari Organizations: CNN Business, Bell, New York CNN, Gross, Office, National Statistics, Bank of England, P, Federal, Cleveland Fed, Depot, US Labor Department, Cisco Systems, US Commerce Department, National Association of Home Builders, Index, Minneapolis, Walmart, Applied, Co, Baidu, Board Locations: New York, Kingdom, Wells Fargo

☆ India election and economy: Meet the winners of rising power’s boom
▼ + stars: | 2024-05-10 | by ( Jessie Yeung | Noemi Cassanelli | ) edition.cnn.com time to read: +14 min

Mumbai, India CNN —As Indians head to the polls in a massive ongoing nationwide election, much attention has focused on the country’s explosive growth under Prime Minister Narendra Modi’s leadership. There is expected to be 740 million active smartphone users in India by 2030, according to EY India. “I wanted to make similar shoes that were printed with ‘Made in India,’” Shah says. After four years of trial and error, Shah Shoes was born. Some 17 years on, Shah Shoes has helped support his family back in Bihar, including six siblings.

Persons: Narendra Modi’s, — Modi, Javed Khatri, Noemi Cassanelli, he’d, Khatri, “, ”, –, ’, Apoorva Mukhija, —, Instagram, Mukhija, ” Mukhija, That’s, she’s, she’d, Jameel Shah, CNN Jameel Shah, Shah, wasn’t, CNN Shah, Kylie Minogue, ” Shah, ‘, ’ ” Shah, Shah Shoes, Priyanka Chopra, Katrina Kaif, He’s, Modi’s Organizations: India CNN, Bharatiya Janata Party, BJP, CNN, EY, World Bank, Facebook Locations: Mumbai, India, “, Bangalore, Silicon, ”, EY India, Dubai, London, California, …, Delhi, Bihar, India’s, Dharavi, Australian

I was slow to diversify my income and seek out new opportunities for passive income. At first, I didn't take the time to brainstorm or research ways to bring more passive income streams into my business. When starting a new business, especially as a solopreneur, build passive income streams into your plans. Paying business expenses with my personal fundsWhile I do keep a close eye on my personal finances, that hasn't been the case with my business finances. In the past, I wouldn't have seen that charge for months, because I wasn't closely looking at my business expenses.

Persons: —, hasn't, I've, It's Organizations: Service

☆ Cannabis Rollout Hampered by Inexperienced Leadership, N.Y. Report Finds
▼ + stars: | 2024-05-10 | by ( Ashley Southall | ) www.nytimes.com time to read: +1 min

A startup-like culture at the state cannabis agency has contributed to “confusion, difficulty and delay” in the rollout of the state’s legal market, according to a report set to be released on Friday. Kathy Hochul in March after she declared the rollout a “disaster,” paints the clearest picture yet of a licensing process that has been criticized as clunky and opaque. It also outlines ways to clear roadblocks that have helped the illicit market steal the advantage the state had intended for small businesses and people who were harmed by the war on drugs. There are just 122 licensed recreational dispensaries open across the state, while officials say the number of illicit shops in New York City alone has nearly doubled to 2,900. At the end of April, nearly 4,900 applications for retail and craft businesses were still waiting to be reviewed, some from as far back as August 2022.

Persons: Kathy Hochul Organizations: Cannabis Management, Gov Locations: New York City

☆ An ex-Google employee shares the 3-part strategy he used to prepare for layoffs and achieve financial independence
▼ + stars: | 2024-05-08 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +7 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewAfter eight years at Google, Shao Chun Chen was laid off on February 14, 2024. "A big part of your identity is where you work," Chen, who was leading a sales team at the time, told Business Insider. He says he focused on three things throughout his 20s and 30s to grow his investment portfolio and achieve financial independence. He about tripled his salary at Google and worked his way up to making six-figures, according to employment verification letters viewed by BI.

Persons: —, Shao Chun Chen, Chen, He'd, Merrill Lynch, It's, you've, WIMUT THAMMAKESORN Chen, you'll, it's, Chen wouldn't, he's, Shao Chun Chen Chen Organizations: Service, Google, Business, BI, National University of Singapore, NFL, NUS, BMW Locations: Singapore

☆ Biden's student loan forgiveness plan gets a record number of public comments. Here's what people are saying
▼ + stars: | 2024-05-08 | by ( Annie Nova | ) www.cnbc.com time to read: +3 min

US President Joe Biden gestures after speaking about student loan debt relief at Madison Area Technical College in Madison, Wisconsin, April 8, 2024. Andrew Caballero-Reynolds | AFP | Getty Images'I plan on dying with student loan debt'"I think this is a great idea. I am 52 years old with a lot of student loan debt from years ago. I plan on dying with student loan debt. "As an African American millennial from River Rouge, MI, I believe it is crucial to support and approve student loan debt relief proposals.

Persons: Joe Biden, Andrew Caballero, Reynolds, Biden, they'll, Nobody Organizations: Madison Area Technical College, AFP, Getty Locations: Madison , Wisconsin, River Rouge , MI

☆ Biden to unveil $3.3 billion Microsoft AI investment in battleground Wisconsin
▼ + stars: | 2024-05-08 | by ( ) www.cnbc.com time to read: +2 min

President Joe Biden will visit the political battleground state of Wisconsin on Wednesday to announce plans by Microsoft Corp to build a $3.3 billion high-tech data center that will create thousands of jobs, the White House said. Microsoft's plans will result in 2,300 union construction jobs and some 2,000 permanent jobs over time, the White House said. It said nearly 4,000 jobs had been added in Racine since Biden took office, while about 1,000 manufacturing jobs were lost during the Trump administration. Biden is seeking to shore up support among Black voters ahead of the November presidential election, with national polls showing him essentially tied with Republican Trump. The Biden campaign on Wednesday announced the launch of a $14 million ad campaign, which will include a seven-figure investment targeting Black, Latino and Asian voters.

Persons: Joe Biden, Foxconn, Donald Trump, Microsoft's, Biden, Trump, — Organizations: Microsoft Corp, Microsoft, Gateway Technical College, Democrat, Black, Republican Trump, Wednesday Locations: Wisconsin, Racine County, Taiwan, Racine, Racine's Black

☆ These are the top business-development execs competing to hire elite portfolio managers at hedge fund giants Citadel, Millennium, Point72, and more
▼ + stars: | 2024-05-08 | by ( Alex Morrell | ) www.businessinsider.com time to read: +34 min

Unlike business development in corporate America, which focuses on growing a company's prospects with partners and clients, hedge fund BD teams specialize in scouting, evaluating, and wooing investment talent. AdvertisementFew have been involved in hedge fund BD longer than Jennifer Blake, Balyasny's global head. The fund's BD department remains in close contact with PMs after they join as a resource and advisor. Vernon Yuen/Getty Images$61 billion AUM2,200+ employeesAdvertisementKen Griffin's Citadel has outperformed not just its immediate rivals but every other hedge fund. He runs a team of about 20 as head of business development in the Americas, the largest region of the largest player in this space.

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