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Every year, Bill Gates — and, until she left, Melinda French Gates — would hold multiple meetings with executives of the Gates Foundation to approve plans and budgets, and review strategies. For many, the meeting might be the only direct opportunity to interact with, and impress, Gates and French Gates. AdvertisementGates and French Gates followed the presentations closely, usually saving questions for the end. The former couple sought to maintain a professional relationship, giving themselves at least two years to see if they could work together, with the understanding that French Gates would leave if they couldn't. One former senior employee compared the style of discussion to the Socratic method, often used in law schools by professors who push students to reasoning through dialogue.
Persons: Bill Gates —, Melinda French Gates, Gates, Louis XIV, , opprobrium, Gates —, Bill Gates, Simon, It's, Melinda weren't, hasn't, Warren Buffett —, outargue Gates, seethed, Anupreeta Das Organizations: Gates Foundation, Business, Employees, Avid Reader Press, Simon & Schuster, Inc, HBO, Microsoft Locations: French Gates, Versailles, Gates
Bitcoin's price has been particularly volatile as of late. The coin both rose and fell this week, at one point dropping by about 7% in a single hour alone. These recent movements in bitcoin's price serve as a stark reminder of how erratic the cryptocurrency can be and why financial planners often consider it a discretionary investment. Although bitcoin's price has roughly doubled in value since August 2023, it's not an appropriate investment for everyone, especially those with a lower risk tolerance. Bitcoin's frequent price fluctuations undermine its reliability as a store of value or as a hedge against inflation, at least in the short term.
Persons: that's, it's, shouldn't
Sam Dogen, 47, retired from his corporate job in 2012 and achieved FIRE status — an acronym for financial independence, retire early — but over a decade later, he returned to the office. Dogen wanted to return to work for extra income as his children got older and to contribute more to the Silicon Valley startup scene. He got a job as the head of content at a startup, where he wrote articles and newsletters. But within a few weeks, he already knew the job wasn't working out. He decided to leave his position and go back to being a stay-at-home dad — essentially retiring early for a second time.
Persons: Sam Dogen, Little, Dogen, Slack, , you've, renegotiating, microaggressions, would've, he'd, I've Organizations: Service Locations: San Francisco
I'm a financial planner with several easy steps you can take now that will set you up for financial success. These funds should be placed in an easily accessible FDIC-insured high-yield savings account. Park your cash in a high-yield savings accountA common financial mistake people in their 20s make is letting their savings sit in a low-yield checking or savings account. Keep in mind that online banks offer most high-yield savings accounts, so you won't have access to a physical branch. Many online high-yield savings accounts, like Discover, allow you to manage multiple savings accounts under one login, making this strategy even more convenient.
Persons: , Benjamin Graham, Schwab, doesn't Organizations: Service, Fidelity, Vanguard
Read previewQuiet vacationing — employees secretly taking time off or using tools to circumvent monitoring software — is rising. This story is available exclusively to Business Insider subscribers. AdvertisementBusiness Insider has previously reported on employees using mouse jigglers and other methods to take secret vacations or work multiple jobs at once. Related stories"What does it say if an employee feels they can't take an extra day vacation or have to sneak out to go on vacation? Employees should have clear goals and objectives, and companies should measure employee performance based on those metrics, according to Church.
Persons: , Nolan Church, JP Morgan, aren't, Church, wasn't Organizations: Service, Business, Amazon, Church, Microsoft, Church . Church Locations: Church
For Love & Money is a weekly Business Insider column answering relationship and money questions. Write to For Love & Money using this Google form. With the right travel rewards credit card, you can earn points that can go towards your next big trip. If you pay off bills with a portion of your inheritance, use your travel card to do it and earn those sign-on bonuses. Then, once you've reached your destination, use your card for all your purchases and allow your travel now to pay for your travel later.
Persons: , Smart, Justin Rush, Rush, Mona Lisa, you've, it's, That's, doesn't Organizations: Service, TED, Facebook Locations: Tanzania, Fiji
“There’s a lot of mistrust going on there.”As fire behavior grows intense because of climate change and overgrown forests, doubts can fester in rural communities as fire managers operate more conservatively than in the past. “Now, we’re seeing fires act more radically, make their own weather and be more unpredictable.”This dynamic is playing out in rural communities elsewhere. Stasiewicz said that based on her own focus groups, surveys and interviews, sentiments like Courtney’s are becoming more common in rural communities. Evacuation often carries a stiff financial cost, she said, and some rural residents worry their properties won’t be prioritized. “We can sometimes see rural communities lose compared to more developed areas.
Persons: we’ve, , Amanda Stasiewicz, , ” Stasiewicz, they’d, Brad Bramlett, ’ ” Courtney, Courtney, Johnston, Magnussen, Stehekin, Stasiewicz Organizations: University of Oregon, , San Francisco Chronicle, National Interagency Fire Center, National Weather Service, , Tourists Locations: West, Northern California, Pacific, Oregon , Washington and Idaho, Lake Chelan, North, Stehekin, U.S
The report comes three years after the department launched a federal investigation into alleged widespread abuse and harsh practices within the Texas Juvenile Justice Department, which takes in hundreds of young people every year. Clarke also noted that about 80% of Texas children in the lockups are Black or Hispanic. Mental health concerns, such as suicidal ideation and self-harm, were ignored while children were routinely punished for their behavior, according to the federal report. But it hasn’t been enough.”In 2021, the Justice Department opened an investigation into Texas’ five juvenile facilities after advocates filed a complaint. Texas is not the only state facing federal investigations by the government, or lawsuits from former incarcerated children over harsh conditions in youth lockups.
Persons: Kristen Clarke, Clarke, ’ ’, , Spokespeople, Greg Abbott’s, ideation, Lone, Elizabeth Henneke, Henneke, Clark Organizations: Justice Department, Texas Juvenile Justice Department, Staff, , Republican Gov, Lone Stare Justice Alliance Locations: Texas, “ The Texas, . Texas, Illinois , Pennsylvania, Maryland, New Jersey
While most of TIAA’s clients are current or retired workers at nonprofit organizations, TIAA also offers individual retirement accounts to investors online. They didn’t own enough in-house TIAA products, according to the complaint and a recording of Parkin’s presentation. But in two asset classes, the tool’s recommendations are limited to TIAA products, according to the complaint and internal documents. Morningstar selects asset classes and investments for the TIAA tool from those chosen by a retirement plan fiduciary, it said. Paras Griffin / Getty Images fileThe recent push to increase client usage of TIAA’s advice tool appears to be succeeding.
Persons: Ted Fitzpatrick, Fitzpatrick, TIAA, , ” Fitzpatrick, , Chris Tobe, Craig Parkin, Rajotte, , Yale, Craig Warga, TIAA hasn’t, Ted Siedle, “ TIAA, ” Siedle, TIAA’s Parkin, Parkin, Thasunda Brown Duckett, “ Thasunda, ” Parkin, ” TIAA, Adriana Macias, Morningstar, Duckett, Rowe Price, TIAA’s, Paras Griffin, it’s, Steers, Organizations: SEC, New, Cornell University, University of North Carolina System, TIAA, Vanguard, Fidelity, Systems, Yale, Yale University, Bloomberg, Getty, Brown University and Harvard, NBC News, NBC, Morningstar Investment Management, of, Morningstar, “ Morningstar Investment Management, Bank of New York Mellon, Equitable Holdings, Cohen, Steers, & $ Locations: Milwaukee, TIAA, New York, New Haven, Conn, Chicago, Atlanta
Read previewAI is burning a big hole in the pockets of Big Tech. Leaders at Meta and Alphabet have conceded that they might be funneling too much money into AI out of fear of falling behind in the arms race. AdvertisementGartner's research shows that generative AI requires executives to have a higher tolerance for indirect gains on their investments in the future over immediate returns. AdvertisementBut Big Tech executives believe that generative AI will bring about some of the biggest technological changes the world has seen in the past century — so it's worth the risk. Amazon CEO Andy Jassy said in a letter to shareholders earlier this year that generative AI "may be the largest technology transformation since the cloud" and maybe even "since the internet."
Persons: , Mark Zuckerberg, Zuckerberg, Sundar Pichai, Rita Sallam, Elliott, Andy Jassy, Brian Olsavsky, Dan Ives Organizations: Service, Big Tech, Meta, Business, Nasdaq, Gartner, Analytics, Eliott Management, Financial Times, Big, Wedbush Securities
CNN —When Adelaide Saywell posted on TikTok last month that SSRIs, a commonly prescribed antidepressant medication, could make people more vulnerable to heat, it went viral and sparked a deluge of comments. Adelaide Saywell received a flood of surprised comments when she posted about the link between SSRIs and heat intolerance. Dehydration puts people at risk of heat exhaustion and, in particularly severe cases, heat stroke, which is dangerous and potentially deadly. Sondeep Shankar/Bloomberg/Getty ImagesScientists and doctors are still trying to unpick the complex relationship between SSRIs and heat. It is partly the reason why medical professionals don’t always talk about heat when they prescribe these anti-depressants.
Persons: Adelaide Saywell, , , ” Saywell, Laurence Wainwright, Pope Moseley, Moseley, Sondeep Shankar, Wainwright, don’t, ” Wainwright, Reddit, won’t, Saywell, Judith Joseph, Joseph, ” Joseph, “ It’s Organizations: CNN, University of Oxford, Arizona State University, Bloomberg, Getty
After all, the last time a guy named Shapiro had been elected governor of Pennsylvania, he had years earlier anglicized his name to Shapp. “I’m not aware of how his position on Israel differs from the other potential vice presidents,” Hawaii Sen. Brian Schatz, who is both Jewish and a proud progressive, told CNN. Of the VP’s choices, Shapiro is the one who stands out as the most divisive and could put a stop in everyone being on the same page,” said one Jewish Democratic operative. But I will say his attacks, this might surprise you, don’t bother me personally,” Shapiro said at the time. But calling what’s coming at Shapiro “pure antisemitism,” Rep. Dan Goldman, a New York Democrat, warned against that defensive way of thinking.
Persons: Josh, Shapiro, Lori, Kamala Harris ’, , , J.B . Pritzker, Harris ’, Israel –, Harris, Josh ”, “ I’m, Hawaii Sen, Brian Schatz, , Greg Landsman –, Micah, Hebrew, ” Landsman, Nevada Sen, Jacky Rosen, she’d, “ It’s, Simone Zimmerman –, ” Zimmerman, , ” Shapiro, He’s, Connecticut Sen, Joe Lieberman —, South Carolina Sen, Lindsey Graham, “ He’s, he’s, Doug Emhoff, “ doesn’t, ” Ed Rendell, ” Rendell, Rendell, Josh Shapiro, they’ve, ” Long, Avi, Sen, Ted Kennedy, Mikhail Gorbachev, Emhoff, Benjamin Netanyahu “, Amy Spitalnick, Josh ’, Adam Schiff, Tim Walz, what’s, Dan Goldman, ” Goldman, ” CNN’s Morgan Rimmer, Owen Dahlkamp, Haley Talbot Organizations: CNN, Democratic, Illinois, Democratic Socialists of America, Sunrise Movement, Jewish Democrats, , GOP, Philadelphia Inquirer, Republican, Jewish Council, Public, Jewish Democratic, New, New York Democrat Locations: Pennsylvania, Israel, Michigan, Hawaii, Ohio, America, Nevada, Las Vegas, Gaza, Connecticut, South Carolina, Washington, Philadelphia, United States, Soviet, Pittsburgh, California, Minnesota, New York
According to an NBC News review of police hiring laws in Illinois, Grayson’s hiring did not appear to have violated state or local police hiring policies. And an NBC News review of hiring practices around the country shows that there is a patchwork of hiring standards that vary from state to state and from community to community. Experts say the hiring standards in many small law enforcement agencies are often lower than those of large city agencies. In Illinois, in addition to its state law, city councils and county commissions can also set their own stricter hiring rules. Using the California hiring standards as a model, Guller tells his clients to send seasoned investigators out to interview a person’s former romantic partners, neighbors, employers and even patrons at their favorite bars.
Persons: Sonya Massey, , Sean Grayson’s, Grayson’s, Thomas Campion, Grayson, Jack Campbell, George Floyd, , Michael Bricker, , Sonya, Matt Guller, ” Sonya Massey, Ben Crump, ” Ed Obayashi, ” Obayashi, who’ve, John O'Connor, Campion, Massey, ” Sean Smoot, Tony Dejak, Sean Smoot, Smoot, Barack Obama’s, “ You’ve, “ We’re, ” Bricker, Guller, ” Guller, James Allard, Allard, Eric Hurd, ” Hurd, Hurd, David Corey, ” Smoot Organizations: Army, NBC, NBC Nightly, U.S . Justice Department, Chicago Police Department, , New Jersey State Police, NBC News, Police, Minneapolis Police Department, Office, Cleveland City, Illinois, Force, Century, Illinois State Police, Chicago, East, Institute for Forensic Psychology, New York State Police, American Psychological Association, “ Chiefs Locations: Illinois, Sangamon County, Springfield , Ill, California, . Illinois, Logan, East Coast, Steuben County New York, Buffalo, George Floyd , New York, Although New York, New York, ‘ Illinois, Oregon, “ Illinois
China's ruling Communist Party has expelled Wang Yilin, former chairman and party secretary of state-owned China National Petroleum Corp, for discipline violations, state media said on Wednesday. China's ruling Communist Party has expelled Wang Yilin, former chairman and party secretary of state-owned China National Petroleum Corp, for discipline violations, state media said on Wednesday. He also accepted travel arranged by private entrepreneurs on multiple occasions, the report said. Wang's case will be transferred to prosecutors for investigation in accordance with the law, state media said. CNPC said in a statement late on Wednesday that it "firmly supports" the decision, adding that the ruling shows the Party's "zero-tolerance" stance on corruption.
Persons: China's, Wang Yilin, Wang, CNPC Organizations: Communist Party, China National Petroleum Corp, Reuters
No need to ball out to see the sights — Dubai has amazing free attractionsThe "Imagine" show at Festival City Mall is incredible. AdvertisementOn the outskirts of Dubai, see the world's biggest 360-degree projection show in Expo City for free. It's easy to get tired in the Dubai Mall if you don't book any free ride servicesThe Dubai Mall can take hours to explore. Caroline ReidThe Dubai Mall is one of the biggest in the world, with more than 1,200 stores spread over millions of square feet. It's so big that it even has a full-size ice rink, a Kidzania theme park, an amusement park, and one of the world's biggest aquariums.
Persons: , Caroline Reid, Perle, Dragone, we've, Kung Fu, We've, you've Organizations: Service, Business, Dubai, United Arab Emirates, Dubai International Airport, Al, Al Maktoum International, Emirates, du, pats, Marriott, Dreamworks, Festival City, UAE Locations: Dubai, London, UAE, Al Maktoum, Emirates, Expo City, Las Vegas
CNN —Babies who have a peanut allergy are now being offered potentially life-changing treatment at hospitals across Australia in a world-first program aimed at building tolerance to them. The ADAPT OIT Program is open to infants under 12 months who have been diagnosed with a peanut allergy and who are under an allergy specialist at one of the ten pediatric hospitals across five states which are participating. “Australia is the allergy capital of the world and we have 5 million people with allergic disease and peanut allergy affects around 3 per cent of 12-month-old children in Australia. Adam Fox is a London-based professor of paediatric allergy and chair of the National Allergy Strategy Group in the UK. He has spent many years seeing patients with peanut allergy and regularly posts on social media about it.
Persons: Murdoch, MCRI, , Kirsten Perrett, ” Perrett, Perrett, , Hunter Chatwin, Kirsten, Adam Fox, ” Fox, ” CNN’s Jacqueline Howard Organizations: CNN, Australia’s, Allergy, Excellence, Murdoch Children’s Research, Royal Children’s Hospital, National Allergy Strategy, American Academy of Pediatrics, AAP Locations: Australia, MCRI, Melbourne, London, United States, United Kingdom
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewA Chinese swimmer competing in the Paris Olympics was cleared of doping accusations after authorities sourced the drugs back to a tainted burger, according to New York Times reporting. The case comes in the wake of earlier NYT reporting that 23 Chinese athletes had tested positive for another banned medication in 2021. They were ultimately cleared in a Chinada investigation that traced the problem back to a hotel kitchen; and they went on to compete. China has cleared athletes of doping charges at least three times in the past, the paper reported.
Persons: , Tang Muhan, Junyi, Travis Tygart, WADA, Shelby Houlihan, Getty, Stephen McCarthy Houlihan, Tang, Chinada Organizations: Service, New York Times, Business, Doping Agency, International Testing Agency, Paris Olympics, Chinese Olympics Locations: Paris, Beijing, China, Tokyo
Don’t Tell My Friends, But… is a seriesin which we asked Times columnistswhateveryone else is wrong about. The two concepts are so distinct within Christianity that they have different names — orthodoxy (right belief) and orthopraxy (right conduct). Right conduct should flow from right belief. The person who prioritizes orthodoxy says, “Hear my voice.” The person who prioritizes orthopraxy says, “Watch my life,” and the competing emphases can play out in concrete political ways. By contrast, the person who prioritizes orthopraxy has the opposite inclination.
Persons: Let’s, sears, , Donald Trump, They’re, orthopraxy, Robert Morris, United States —, Morris, Sybil Jordan Hampton, wouldn’t, Russell Moore’s, Moore, It’s, Paul Organizations: Southern Baptist Convention, Gateway, Evangelical America Locations: Southern, orthopraxy, Christianity, United States, Louisiana, Kentucky, Little Rock, Ireland
This year, Blackstone hosted more than 150 summer interns, including summer associates who tend to come from business or law school, as well as the undergrads who make up its summer analyst program. AdvertisementCheck out our exclusive deep dive into Blackstone's 10-week-long summer analyst program below. How competitive is Blackstone's summer analyst internship program? AdvertisementA group photo of Blackstone's summer analyst class during orientation. Gray recently addressed what leads to success at Blackstone in a speech to the 2024 summer analyst class, which was posted on Linkedin.
Persons: , Blackstone, Jon Gray, Paige Ross, Blackstone's, Blackstone Blackstone, Taylor Kanfer, Kanfer, Mr Stone, Steve Schwarzman, they're, Ross, Goldman Sachs, There's, decamp, they'll, Gray, Kleiner Perkins, Chan Zuckerberg Organizations: Service, Harvard, Business, BI, University of Pennsylvania, Diverse, Blackstone, Investment, Linkedin, LinkedIn, Goldman, Barclays Locations: York, New York, Wayne , Pennsylvania, Miami, Asia, Africa
Westend61 | Getty ImagesAn automated financial advisor called PortfolioPilot has quickly gained $20 billion in assets in a possible preview of how disruptive artificial intelligence could be for the wealth management industry. The world's largest wealth management firms have rushed to implement generative AI after the arrival of OpenAI's ChatGPT, rolling out services that augment human financial advisors with meeting assistants and chatbots. "People are fed up with cookie-cutter portfolios," Harmsen told CNBC. Global Predictions targets people with between $100,000 and $5 million in assets — in other words, people with enough money to begin worrying about diversification and portfolio management, Harmsen said. After realizing it could have a broader use, Harmsen began building a team for Global Predictions, including three former employees of Bridgewater Associates, the world's largest hedge fund.
Persons: PortfolioPilot, Alexander Harmsen, OpenAI's, Morgan Stanley, Harmsen, we'll Organizations: Global, Morado Ventures, NEA Angel Fund, CNBC, Bank of America, Bridgewater Associates Locations: San Francisco
Paris CNN —French authorities have launched an investigation into possible antisemitism at an Israel-Paraguay soccer match during the Paris Olympics on Saturday. During the match, a banner “bearing a political message was displayed and anti-Semitic gestures were made,” Paris 2024 said in a statement. The statement from the Olympics organizers did not clarify what these gestures were. According to stills by multiple photo agencies, a banner reading “Genocide Olympics” was displayed, with some spectators holding up Palestinian flags during the game. We would like to remind everyone that the Games are a time for harmony and tolerance,” the statement continued.
Persons: Paris CNN —, , Michael Steele, Organizations: Paris CNN, Paraguay soccer, Olympics, Parc des Princes, , Getty, Olympic Locations: Israel, Paraguay, Paris, Parc des, Europe
CNN —Newly released audio recordings show the former Sangamon County, Illinois, sheriff’s deputy who fatally shot Sonya Massey was previously reprimanded at another agency for filing an inaccurate report about a traffic stop and pursuit. “If we can’t trust what you say and what you see, we can’t have you in our uniform,” Miller told Grayson. “Others will say you have no integrity, and you’re lying to get to that traffic stop,” Miller said at another point. He resigned from Logan County in April 2023, state records show. The conversation appears to coincide with an internal review detailed in Grayson’s Logan County Sheriff’s Office disciplinary records previously obtained by CNN.
Persons: sheriff’s, Sonya Massey, Sean Grayson, Nathan Miller, Grayson, , ” Miller, , ” “, ” Grayson, Grayson “, Miller, Massey Organizations: CNN Locations: Sangamon County , Illinois, Logan County, Grayson’s Logan County, Lincoln , Illinois, Lincoln, Logan, Sangamon County
CNN —Organizers of the Paris Olympics have apologized for what some critics described as a parody of “The Last Supper” during the lavish opening ceremony on Friday. The scene featured drag artists and dancers and was widely criticized by the Catholic church and Christian groups. Performers are seen on a catwalk erected along the Passerelle Debilly bridge in Paris during the opening ceremony. “Dionysus arrives at the table because he is the Greek God of celebration and that sequence is called ‘festivity,’” Jolly said. “The God of wine, which is also a French jewel and father of Sequana, the Goddess linked to the River Seine.
Persons: Anne Descamps, , Johann Rottenhammer, Jan Brueghel, Wally Skalij, Thomas Jolly, Leonardo da Vinci, “ Dionysus, ” Jolly, Sequana, Mount Olympus —, Dionysus Organizations: CNN —, Paris, Catholic, French Catholic Church, Los Angeles Times, CNN, BFMTV, Twitter Locations: Paris
The put is OTM because the strike price is below the spot price. Related storiesIf you have a bullish outlook on the IWM, you expect the share price to continue rising or at least not drop below the strike price. Picking the appropriate strike price is subjective and based on a trader's risk tolerance and the premium they're looking for. Tastylive, options chainSince options contracts are purchased in lots of 100, it could seem nerve-racking to think you may need to accept delivery of those shares. Worst-case scenario, you end up owning IWM shares at a cost below what you would have bought them for on the spot market, Dierking said.
Persons: Russell, Liz Dierking, Dierking, IWM, That's Organizations: Service, Nasdaq Locations: IWM
But hair growth oils have arguably garnered the most hype in recent years — more specifically, rosemary oil. A 2013 study in mice with hair loss triggered by testosterone showed that rosemary leaf extract stimulated hair growth. Learn moreFAQsAdvertisementHow to use rosemary oil for hair growthThere are several different ways to use rosemary oil for hair growth. AdvertisementHow to dilute rosemary oil for hairKhanna recommends aiming for 2% rosemary oil when diluting it. Or, if you're adding the rosemary oil to an 8-ounce bottle of shampoo or conditioner, you'd add about 80 drops of rosemary oil.
Persons: there's, It's, Meerika Khanna, Khanna, Rosemary, William Gaunitz, Shoshana Marmon, you'll, you've, Marmon Organizations: MD, New York Medical College, Business, Marmon
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