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☆ How to make money on Fiverr, according to 5 freelance writers
▼ + stars: | 2023-08-02 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +5 min

Courtesy of Raphael MenesesMeneses, 32, started freelance copywriting on Fiverr in 2019 to make some extra money alongside his university job. Alexa Nizam brought her personality to her Fiverr profileNizam updated her profile to get customers for her freelance copywriting. Read more: I make up to $13,000 a month copywriting on Fiverr. Here's how I landed clients on Fiverr. Read more: I made 6 figures in a month on Fiverr working with a team of 150 freelance copywriters to meet client demand.

Persons: Rafael Meneses, Meneses, Raphael Meneses Meneses, Alexa Nizam, Nizam, Nizam Nizam, Alexandra Fasulo, she'd, Read, Gaurav Shrishrimal, Shrishrimal, Gaurav Shrishrimal Shrishrimal, Fiverr . Georgia Austin, Georgia Austin Austin, Betty, Austin, copywriters, Billy McIntyre, McIntyre, Billy McIntyre McIntyre, he'd Organizations: Service, Fiverr, Alexa, Austin, Georgia, Nike Locations: Wall, Silicon, Fiverr, Fiverr . Georgia

☆ As Russia Strikes Ports, Ukraine’s Farmers Scramble to Keep Exporting
▼ + stars: | 2023-08-02 | by ( Valerie Hopkins | More About Valerie Hopkins | ) www.nytimes.com time to read: +1 min

Last week, Valentin Pavlenko loaded two tipper trucks with grain from his farm in southern Ukraine. The high-stakes standoff over grain that is escalating tensions in the Black Sea and raising worries over the global food supply is also creating challenges for farmers across southern Ukraine. Not only must Mr. Pavlenko and others like him find alternate shipping points, but they also have to worry about whether they are secure. Mr. Pavlenko’s farm had already donated some of its trucks to the military. But when the Russians struck Reni, too, last week, the farmers’ collective he belonged to scrambled to collect money to buy three flatbed trucks for the Ukrainian army, so they could install air defense systems that would protect the Danube ports.

Persons: Valentin Pavlenko, Pavlenko, Pavlenko’s, Reni Locations: Ukraine, Odesa, Reni, Russia

☆ New IRS paperless system will help reduce deficit significantly over 10 years, Yellen says
▼ + stars: | 2023-08-02 | by ( Chelsey Cox | ) www.cnbc.com time to read: +2 min

WASHINGTON — Treasury Secretary Janet Yellen praised a new initiative by the IRS that she said will help reduce the federal deficit by $2.6 trillion over the next 10 years — an extension of the Biden administration's pledged $1 trillion in deficit reduction from the Inflation Reduction Act. The initiative is a "key" to unlocking other system improvements, said Yellen, including error reductions in tax processing and secure data access for taxpayers. "I urge Congress to provide stable and sufficient annual appropriations for the IRS in order to sustain and build on this progress," Yellen said. The agency has already recovered roughly $38 million from about 175 delinquent tax cases for millionaires, said Yellen. CORRECTION: This story has been updated to say that the IRS paperless system will help with the Biden administration's effort to cut into the federal deficit by $2.6 trillion over the next 10 years.

Persons: Janet Yellen, Johns, Biden administration's, Yellen, Biden Organizations: Johns Hopkins University’s School, International, WASHINGTON —, IRS, Biden Locations: Washington , DC

☆ Pfizer Misses Revenue Expectations, Bets on Drug Launches to Ease Shortfall
▼ + stars: | 2023-08-01 | by ( Jared S. Hopkins | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/pfizer-misses-expectations-but-bets-on-new-drug-launches-to-ease-shortfall-f1d3f3c8

Persons: Dow Jones Organizations: pfizer

E-commerce app Temu is taking on the larger Shein by selling cheap Chinese-made goods to Western consumers. The company owned by $119 billion PDD (PDD.O) is more like an online dollar store. Moreover, Temu offers generous discounts and free or subsidised shipping to users. Parent company PDD, whose Pinduoduo e-commerce unit competes with Alibaba (9988.HK) and JD.com (9618.HK) in China, discloses little about its overseas business. Temu offers everything from home appliances to electronics to toys, making it more of a direct competitor to Amazon.

Persons: Shein, Breakingviews, Temu, PDD, Bernstein, Peter Thal Larsen, Aditya Munjuluru, Thomas Shum Organizations: Reuters, United States, Wall Street, Temu, Bloomberg, HK, PDD, Thomson, & $ Locations: HONG KONG, Western, China, U.S, United States, Shein

☆ Family of Henrietta Lacks finally settles lawsuit against biotech company accused of profiting billions of dollars from collecting the Black woman's cancer cells without her consent
▼ + stars: | 2023-08-01 | by ( Lea Skene | Sarah Brumfield | Associated Press | ) www.businessinsider.com time to read: +6 min

Henrietta Lacks changed modern medicine when doctors took her cells without her consent in 1951. Despite that incalculable impact, the Lacks family had never been compensated. Henrietta Lacks' cells have been part of many medical breakthroughs. "The exploitation of Henrietta Lacks represents the unfortunately common struggle experienced by Black people throughout history," the complaint reads. "It was a long fight — over 70 years — and Henrietta Lacks gets her day."

Persons: Henrietta, HeLa, Ben Crump, Crump, didn't, Rebecca Skloot, Oprah Winfrey, Johns Hopkins, Fisher, George Floyd's, Alfred, Carter Jr, Chris Van Hollen, Ben Cardin, Van Hollen Organizations: Service, Johns Hopkins Hospital, Fisher Scientific Inc, Associated Press, HBO, Johns Hopkins Medicine, Maryland Democrats Locations: Wall, Silicon, Waltham , Massachusetts, Baltimore, Virginia, United States, Baltimore's

☆ A top Amazon executive recently said he had 'no data' to support the company's return-to-office mandate, prompting criticism from frustrated employees
▼ + stars: | 2023-08-01 | by ( Eugene Kim | ) www.businessinsider.com time to read: +4 min

Some Amazon employees are upset about the company's new RTO mandate. Amazon is famous for using data to make decisions — except when it's forcing employees back to the office. Hopkins's comments have added to rising frustration among some Amazon employees over the company's return-to-office mandate. Following Hopkins's meeting, Amazon employees took to internal Slack channels to vent their concerns. Another suspected Amazon was intentionally hiding data, and said the RTO mandate was in conflict with the company's "Earth's best employer" commitment.

Persons: Mike Hopkins, Hopkins, Andy Jassy, we're, Amazon, Rob Munoz, we've, Eugene Kim Organizations: Amazon Video, Amazon, Amazon's Locations: Seattle

The Fed last week raised its policy rate to the 5.25%-5.50% range, the 11th increase in the last 12 meetings. Core inflation is still pretty elevated," Powell said in a press conference after the end of the Fed's two-day policy meeting. We think we're going to need to hold policy at restrictive levels for some time. The Fed's policy rate influences the economy by changing what lenders charge consumers for credit card, auto, and home loans or what businesses pay on bonds or for credit lines. "Given that inflation is still sticky, they're going to end up with rates either too high or as high as they are for too long.

Persons: Antulio Bomfim, Bomfim, what's, Jerome Powell, Powell, Lindsay Owens, Thomas Simons, Howard Schneider, Dan Burns, Paul Simao Organizations: Trust Asset Management, Fed, Reuters Graphics Reuters, STAR, North Star, Open, Jefferies, Thomson Locations: U.S

☆ Amazon CEO Andy Jassy now has 16 direct reports. See the growing and evolving list here, including a newly promoted executive from Alexa.
▼ + stars: | 2023-07-31 | by ( Eugene Kim | ) www.businessinsider.com time to read: +3 min

Amazon CEO Andy Jassy recently expanded his group of direct reports. Jassy has added at least 8 new executives to his direct reports since becoming CEO in 2021. Amazon recently created a new AI group that reports to CEO Andy Jassy. In his 2 years since becoming CEO, Jassy has added or replaced at least 8 executives in his top leadership team. (Jassy's direct reports are different from the S-team, a group of more than two dozen most senior decision-makers at Amazon).

Persons: Andy Jassy, Rohit Prasad, Prasad, Doug Herrington, Adam Selipsky, Brian Olsavsky, Jassy, There's, Dave Clark, Jay Carney, Jeff Blackburn, James Hamilton, Mike Hopkins, Eric Remling, Beth, Dave Limp, David Zapolsky, Drew Herdener, WW Communications Eric Rimling, Paul Kotas, Peter Krawiec, Alexa Stacey Pistole, Steve Boom, Steve Schmidt, Eugene Kim Organizations: Amazon, Alexa, Business, Amazon Studios, Amazon Devices, WW Amazon, WW Communications, Amazon Video, Corporate Locations: It's

☆ How to watch Australia, Canada and Nigeria battle for Wwomen's World Cup knockout phase spot
▼ + stars: | 2023-07-30 | by ( Ben Morse | ) edition.cnn.com time to read: +23 min

Franck Fife/AFP/Getty Images Norway celebrates scoring in its 6-0 victory against the Philippines on Sunday. Aisha Schulz/AP Sweden's Amanda Ilestedt, center, heads the ball to score the opening goal against Italy on July 29. John Cowpland/AP Italy's fans cheer before their team's match against Sweden at Wellington Regional Stadium, New Zealand. John Cowpland/AP China's Wang Shuang celebrates after scoring against Haiti during a Women's World Cup match on Friday, July 28. John Cowpland/AP US forward Alex Morgan is surrounded by Vietnam defenders during their opening match on July 22.

Persons: Colombia's Manuela Vanegas, Franck Fife, Alexandra Popp, Ulrik Pedersen, Manuela Vanegas, Sajad, Jaimi Joy, Reuters Linda Caicedo, Phil Walter, Getty, Dominique Randle, Hannah Peters, Hali, Rafaela Pontes, Olivia McDaniel, Norway's Caroline Graham Hansen, Abbie Parr, Sophie Roman Haug of, Jessika Cowart, Buda Mendes, Ali Riley, Katie Bowen, Molly Darlington, Julia Stierli, Alessandra Tarantino, Ramona Bachmann, Sanka Vidanagama, James Elsby, Benzina, Edina Alves Batista, Hannah Mckay, Brenton Edwards, Panama's Aldrith Quintero, Jamaica's Deneisha Blackwood, Kameron Simmonds, Luisa Gonzalez, Allyson Swaby, Herve Renard, Wendie Renard, Debinha, Katie Tucker, Aisha Schulz, Amanda Ilestedt, John Cowpland, Rebecka Blomqvist, Wang Shuang, Maddie Meyer, Dumornay, China's Dou Jiaxing, Alex Pantling, Chloe Kelly, Carl Recine, Mary Earps, Andy Cheung, Janni Thomsen, Alex Greenwood, Lauren James, Justin Setterfield, Keira Walsh, Walsh, Argentina's Mariana Larroquette, Yamila Rodriguez, Cristiano Ronaldo, Lionel Messi, Matthew Lewis, Linda Motlhalo, Lars Baron, Osinachi Ohale, Bradley Kanaris, Dan Peled, Anthony Albanese, Matt Roberts, Jéssica Silva, Vietnam's, Saeed Khan, Fiona Goodall, Daphne van Domselaar, Julie Ertz, Brad Smith, Andrew Cornaga, Lindsey Horan, Joe Prior, Catherine Ivill, Amanda Perobelli, Canada's Vanessa Gilles, Ireland's Niamh Fahey, Louise Quinn, Murty, Katie McCabe applauds, Paul Kane, Kailen Sheridan, McCabe, Stephen McCarthy, Adriana Leon, Colin Murty, Jennifer Hermoso, David Rowland, Reuters Hermoso, Spain's Alexia Putellas, Mary Wilombe, Naomoto, Japan's Mina Tanaka, Daniela Solera, Sarina Bolden, Bolden's, Hannah Wilkinson, Bolden, Victoria Esson, Katelyn Mulcahy, Hagen Hopkins, Catalina Usme, Korea's Cho, Colombia's Jorelyn, Carolina Arias, Cameron Spencer, Reuters Usme, Kim Hye, Rebecca Welch, David Gray, Brazil's Marta, Matt Turner, Borges, Khadija Er, Victoria Adkins, Germany's Alexandra Popp, Asanka Brendon Ratnayake, Morocco's Fatima Tagnaout, Hamish Blair, Cristiana Girelli, Kim Price, Francesca Durante, German Portanova, Reuters Italy's Giulia Dragoni, Estefania Banini, Dragoni, Grace Geyoro, Mark Baker, Rebecca Spencer, Robert Cianflone, Bunny, Shaw, Estelle Cascarino, Portugal's Ines Pereira, Stefanie van der, Van der Gragt, Portugal's Jessica Silva, Silva, Joe Allison, Magaia, Sweden's Elin Rubensson, Amalie Vangsgaard's, Zhang Linyan, Denmark's Pernille Harder, Gary Day, Shui, Reuters England's Alessia Russo, Haiti's Tabita Joseph, England's Lionesses, Reuters Nicolas Delépine, Kerly Theus, Zac Goodwin, Jun Endo, Zambia's Agnes Musase, Reuters Aoba, Catherine Musonda, Alex Morgan, Carmen Mandato, Megan Rapinoe, Horan, Trần Thị Kim Thanh, Sophia Smith dribbles, Ane, Esther González, Costa, Costa Rica's Mariana Benavides, Katrina Guillou, Switzerland's Gaëlle Thalmann, William West, Uchenna Kanu, Chiamaka Nnadozie, Canada's Christine Sinclair, Steph Catley, Heather Payne, Australia's Kyra Cooney, Mackenzie Arnold, Ria Percival, Ada Hegerberg, Jan Kruger, Zealand's CJ Bott, Norway's Mathilde Harviken vie, Jose Breton, Benee, Ireland's, Niamh Fahey, Vanessa Gilles, Coliin Murty, Sam Kerr, Kerr, Tony Gustavsson, Christine Sinclair, Ireland, Spain –, Japan's Hikaru Naomoto Organizations: CNN, Germany, Getty, Colombia, Reuters, Norway, Sunday, FIFA, AP, New Zealand, South, Jamaica, Brazil, France, Italy, Sweden, Wellington Regional, Haiti, China, Denmark, England, Argentina, Nigeria, Australia, Canada, Reuters Australian, Vietnam, Portugal, USSF, Ireland, Spain, Eden, Costa, Forsyth, AP Costa, Japan, New, Victoria, Panama, Morocco, Cristiana, Atlanta Primus, Zambia, Zambian, Costa Rica's, Getty Images, Zealand, AP Norway, Nations, FOX Sports, Telemundo, Seven Network, Optus Sport, BBC, ITV, Republic of Ireland, Super Falcons, coy Locations: Japan, Spain, Costa Rica, Zambia, Australia, Canada, Nigeria, AFP, Colombia, Philippines, AP Philippines, Sophie Roman Haug of Norway, New, Reuters, Morocco, South Korea, Perth, Reuters Jamaica, Brisbane, New Zealand, Reuters England, Reuters Argentina, Argentina, South Africa, Ireland, Portugal, Vietnam, United States, Netherlands, Wellington , New Zealand, Auckland , New Zealand, Costa Rican, Dunedin , New Zealand, AP Costa Rican, Reuters Switzerland, Norway, Switzerland, Sydney, Reuters Colombia, Panama, Adelaide, Germany, AP Argentina, German, Italy, Atlanta, Africa, China, European, Reuters England's Georgia, Ane Frosaker, Eurasia, Melbourne, Reuters Norway, Zealand, Eden, United Kingdom, Republic of, Republic of Ireland, Wellington

☆ Nuts-and-Bolts Conservatism From Nikki Haley
▼ + stars: | 2023-07-30 | by ( Jazmine Ulloa | More About Jazmine Ulloa | ) www.nytimes.com time to read: +3 min

“We will make sure that every member of Congress has to get their health care through the V.A. The issues are personal for Ms. Haley, whose husband, Michael, is a major in the South Carolina Army National Guard and served in Afghanistan in 2013. This summer, Ms. Haley joined other military spouses in seeing their partners off, as they deployed to Africa with the Army National Guard. “Don’t you think it’s time we have term limits in Congress? “Johns Hopkins recently came out and defined what a woman was,” she said in Hollis, referring to the research university.

Persons: we’ll, Haley, Trump, “, Michael, ” Ms, ”, Biden, Mr, Kamala Harris, Ms, Johns Hopkins, ’ Organizations: Patrol, Republican, Internal Revenue Service, Trump, South Carolina Army National Guard, Army National Guard, Fox News, “ Locations: Mexico, Afghanistan, Africa, Congress, Hollis

Wesleyan University, a liberal arts college in Connecticut, announced two weeks ago that it was ending legacy admissions. Many elite schools say legacy admissions are important for maintaining relationships with alumni, which can help universities raise money that is then available for financial aid to needy students. In a June 2018 legal filing in the case that led to the Supreme Court’s affirmative action decision, Harvard argued that “there would be substantial costs” to ending legacy admissions. Legacy students may donate more. In the American Sociological Review study, legacy students were about half as likely to apply for financial aid as admitted students who weren’t related to alumni.

Persons: Johns Hopkins, ”, Mickey Munley, “ It’s, “, Richard D Organizations: Wesleyan University, Carnegie Mellon, Harvard, American Sociological Review, Council, Advancement, Wesleyan, American Sociological, Georgetown University Locations: Connecticut, Amherst, Iowa, ”

☆ How bricks, a screwdriver, and a 'demon core' of radioactive material killed 2 Manhattan Project scientists
▼ + stars: | 2023-07-29 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +7 min

Experiments on a so-called "demon core" of plutonium caused the deaths of two Manhattan Project physicists. The recreation of the experiment involving the plutonium "demon core" that killed Harry Daghlian. In seconds, the "demon core" of plutonium core had bathed him in a lethal dose of radiation. He again attempted to experiment on the demon core, sliding the screwdriver between the metal halves. The two deadly incidents earned the plutonium core the nickname "the demon core."

Persons: J, Robert Oppenheimer, Harry Daghlian, Louis Slotin —, Daghlian —, Daghlian, Louis Slotin, Slotin, Johns Hopkins, Enrico Fermi, Alvin Graves, Graves Organizations: Manhattan, Manhattan Project, Service, Los, Atomic Heritage Foundation, MIT, Los Alamos National Laboratory, United Energy Workers Healthcare, Louis Slotin . Los Alamos, BBC, Applied Physics Laboratory, Alamos National Laboratory, New Locations: Wall, Silicon, Los Alamos, New Mexico, Hiroshima, Nagasaki, Los Alamos , New Mexico, Los, Canadian, Louis Slotin . Los, Alamos

The mansion’s destroyed gardens spilled down over a ruined residential complex, and burned bricks lay strewn across the sidewalk. “I feel pain, and I want revenge,” said Ms. Sulzhenko, 74. “I don’t have the words to say what we should do to them.”She gestured toward other buildings in various stages of ruin. The fact that those who live next to us, and lived among us, could do this to us — we can never forgive this. Never.”Hers was a common sentiment in Odesa this past week after a series of missile strikes damaged the city’s port and 29 historic buildings in its Belle Époque city center, including the Transfiguration Cathedral, one of Ukraine’s largest.

Persons: Nina Sulzhenko, ”, Sulzhenko, “ Organizations: Scientists Locations: Russian, Ukrainian, Belle Époque

“In the age of AI, where data is the new oil, China is the new Saudi Arabia”, venture capitalist Lee Kai-fu declared in 2018. Washington may soon tighten export restrictions to China by targeting AI semiconductors, according to the Wall Street Journal. A slowing economy and brutal price war in the fiercely competitive cloud market will only make monetising AI products harder. China’s AI moment has arrived, only with far less promise than initially hoped. China wants to become a world leader in AI by 2030, according to a 2017 roadmap released by the State Council.

Persons: Lee Kai, OpenAI's, Xi Jinping, Goldman Sachs, Robin Li, Baidu’s, Bernstein, SenseTime, Xi, Una Galani, Thomas Shum Organizations: Reuters, Saudi Arabia ”, OpenAI's ChatGPT, European Union, Baidu, HK, Nasdaq, Washington, Wall Street, Nvidia, AMD, Microsoft, CloudWalk Technology, Cyberspace Administration, China, State, Thomson Locations: HONG KONG, China, Republic, Saudi Arabia, United States, Beijing, York, Shanghai

☆ Argentina should ditch the peso in favor of a 'hard dollar regime' to get inflation under control, think tank says
▼ + stars: | 2023-07-28 | by ( Jason Ma | ) www.businessinsider.com time to read: +3 min

Argentina should adopt the US dollar to get inflation under control, the Cato Institute said. "This type of hard dollar regime is exactly what Argentina needs now." This type of hard dollar regime is exactly what Argentina needs now," Cato researchers wrote in a paper published on Thursday. A top presidential candidate has proposed switching to the dollar as a way to tame inflation, which is soaring more than 100%. Other countries use the dollar as their primary currency or alongside a local currency, including some in Latin America.

Persons: Cato, Steve Hanke, Argentina's, Hanke, dollarization Organizations: Cato Institute, Service, Argentine, International Monetary Fund, Johns Hopkins University Locations: Argentina, Wall, Silicon, Latin America

☆ 6-figure Etsy sellers share 4 big mistakes all users should avoid when using the platform
▼ + stars: | 2023-07-28 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +6 min

Insider spoke with four Etsy sellers who started their shops as side hustles and hobbies. They said to research trends, track costs, and accept that a store won't be passive income at first. First-time Etsy sellers could find themselves making common mistakes and not seeing the profits they'd hoped for. Mim JenkinsonMim Jenkinson started selling stickers on Etsy after her breast-cancer diagnosis meant she had to leave her job to undergo chemotherapy. She also uses paid services such as eRank, a platform that helps Etsy sellers find what key words are trending on the platform.

Persons: Jenkinson, she'd, hadn't, Read, Rachel Jimenez, Rachel Jimenez Rachel Jimenez, Jimenez, Emma Larocque, Emma Larocque Emma Larocque, Larocque, I've, Kelly Byrnes, Byrnes, she's Organizations: Jenkinson, Facebook Locations: Etsy

Powell acknowledged as a positive development that inflation has fallen from the highs of last year without serious damage to the economy. "We'll be comfortable cutting rates when we're comfortable cutting rates, and that won't be this year," Powell said. 'MODERATE' GROWTHU.S. Treasury yields slid in choppy trading after the release of the Fed policy statement, while U.S. stocks ended largely unchanged. Futures markets showed little change in bets on the path of Fed rate increases over the remainder of the year, with small odds given to a rise in September. Though Powell said Fed staff had relaxed a prediction of a recession in coming months, outside analysts still think that's what it may take to finish the inflation fight.

Persons: Powell, Jerome Powell, Elizabeth Frantz Powell, what's, Kathy Bostjancic, nodded, Taylor Swift, he's, Veronica Clark, we're, Howard Schneider, Michael S, Safiyah Riddle, Paul Simao Organizations: Federal Reserve, Fed, Reuters, U.S . Federal Reserve, Federal, Committee, REUTERS, Treasury, Nationwide, Citi, Derby, Thomson Locations: WASHINGTON, U.S, Washington , U.S

[1/2] European Central Bank (ECB) President Christine Lagarde speaks to the media following the Governing Council's monetary policy meeting at ECB headquarters in Frankfurt, Germany, July 27, 2023. The Bank of England is expected to raise rates again next week following similar positive inflation news. Meanwhile on Friday, the Bank of Japan opened the debate on plans to bring its ultra-loose policies to an end. The Fed's benchmark overnight interest rate now stands in the 5.25%-5.50% range, while the ECB's main rate is 3.75%. While bond markets took a cue from the faster growth, and pushed yields on Treasuries higher, the days of coordinated global tightening may be numbered.

Persons: Christine Lagarde, Kai Pfaffenbach, Jerome Powell, Powell, Lagarde, Krishna Guha, Howard Schneider, Francesco Canepa, Balazs Koranyi, Leika, Dan Burns, Paul Simao Organizations: European Central Bank, ECB, REUTERS, WASHINGTON, U.S . Federal Reserve, The Bank of England, Bank of Japan, Reuters, U.S, Graphics, Thomson Locations: Frankfurt, Germany, FRANKFURT, TOKYO, Europe, United States, Graphics New, Tokyo

☆ I'm a 23-year-old entrepreneur who made $120,000 last year. Here's how I built multiple income streams.
▼ + stars: | 2023-07-27 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +6 min

I started my blog, "I'm Sweaty And I Know It," where I wrote about exercise, health, recipes, and mental health. One of my first viral TikTok workouts was called "Not in the mood to workout, try this workout for unmotivated days." I made money through YouTube adsWhen I reached 1,000 subscribers on YouTube, I started making money from AdSense. Launching a paid-for app was dauntingI felt that too many YouTube workouts had clickbait headlines about losing weight. I was terrified that no one would subscribe because they'd been used to my free workout classes.

Persons: Callie Jardine, Jardine, I've, who'd, they'd Organizations: YouTube, Free Locations: Palm Beach , Florida, Barre, Canada, AdSense

☆ How Harvard makes so much money — and why a major funding source could be at risk
▼ + stars: | 2023-07-27 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +5 min

The Education Department's inquiry into the school's legacy admissions process could shake up funding sources. Harvard fiscal year 2022 operating revenue sources. According to the school's 2022 financial report, philanthropy, which includes gifts from donors and alumni, accounted for 45% of total revenue. "In fiscal year 2022, Harvard received current use gifts from alumni, foundations, and others totaling $505 million, representing approximately 9% of operating revenues," the school said. When it comes to actually spending all that money, Harvard said it uses endowment funds to "support nearly every aspect of University operations."

Persons: Johns, Harvard Organizations: Harvard, Service, Harvard University, Ivy League, Education Department, Community Economic, Greater Boston, Network, Amherst, Research, University Locations: Wall, Silicon, New England, Johns Hopkins

"We'll be comfortable cutting rates when we're comfortable cutting rates and that won't be this year," Powell said. Yields on both the two- and 10-year Treasury notes moved down modestly from levels right before the release of the Fed's policy statement, while U.S. stocks ended mixed. Futures markets showed bets on the path of Fed rate increases over the remainder of the year were little changed, seeing small odds of a rise in September. "The forward guidance remains unchanged as the committee leaves the door open to further rate hikes if inflation does not continue to trend lower," said Kathy Bostjancic, chief economist at Nationwide. He also noted that Fed staff economists are no longer predicting a recession as they have at recent meetings.

Persons: Powell, Jerome Powell, what's, Kathy Bostjancic, he's, Howard Schneider, Michael S, Paul Simao Organizations: Federal Reserve, U.S, Treasury, Nationwide, Fed, Reuters, Thomson Locations: WASHINGTON, U.S

☆ Fact Check-No proof of ‘deadly mosquitoes’ at AFRAM in Baltimore
▼ + stars: | 2023-07-26 | by ( Reuters Fact Check | ) www.reuters.com time to read: +4 min

AFRAM, an annual cultural festival celebrating Black excellence, was held over Juneteenth weekend at Druid Hill Park in Baltimore, Maryland (here), (aframbaltimore.com/about-afram). Weeks later, Instagram posts shared a clip from the festival that shows attendees swatting and fanning themselves and includes the text: “Helicopter released deadly mosquitoes in Baltimore, MD AFRAM 2023” (here). In other posts from the event, however, users say the flying bugs were gnats, not mosquitoes (here), (here). MALE MOSQUITOES SWARM, DON’T BITEMale mosquitoes swarm to mate but don’t bite, and the swarming flies in social media posts do not look like mosquitoes, said George Dimopoulos, a deputy director of the Johns Hopkins Malaria Research Institute (here). Social media clips of a Baltimore festival do not show “deadly mosquitoes,” entomology and health experts said.

Persons: Weeks, Baltimore Mayor Brandon Scott, Michael Raupp, gnats, Raup, Brian Federici, midge, ”, George Dimopoulos, Johns, Laura Harrington, “, Arinze Ifekauche, Dimopoulos, Read Organizations: Baltimore, Helicopter, Baltimore Mayor, University of Maryland, University of California, Johns Hopkins Malaria Research Institute, Cornell University, Health Department, Maryland Department of Agriculture, Reuters Locations: Maryland, Baltimore City, Druid, Baltimore , Maryland, Baltimore, Riverside

The increase, anticipated by investors with nearly a 100% probability, would raise the benchmark overnight interest rate to the 5.25%-5.50% range. That would bring it to roughly the highest level since the approach to the 2007-2009 financial crisis and recession. Far from it, the economy is proving more resilient to rising interest rates than expected, with ongoing growth and an unemployment rate that is currently pinned at a low 3.6%. New data on the Fed's preferred measure of inflation, the personal consumption expenditures price index, will be released on Friday. The Fed will have a larger-than-usual amount of data to assess before its next meeting on Sept. 19-20, some eight weeks away.

Persons: Jerome Powell, Steve Englander, Powell, Howard Schneider, Dan Burns, Paul Simao Organizations: Federal, Reuters Graphics Reuters, Fed, Standard Chartered, Data, Conference Board, Thomson Locations: WASHINGTON, U.S, North America

☆ A group of Democrats just relaunched an effort to ban legacy admissions and strip financial aid from schools that keep the practice in place
▼ + stars: | 2023-07-26 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +5 min

A group of Democrats revived a bill to ban legacy admissions across colleges. It comes after the Supreme Court struck down affirmative action in college admissions. And it's not a form of affirmative action that serves our country well." Following the decision, legacy admissions practices entered a harsh spotlight. Some prestigious schools have already ended their legacy admissions practices.

Persons: Democratic Sens, Jeff Merkley, Chris Van Hollen, Jamaal Bowman, —, Merkley, Michael Roth, Van Hollen Organizations: Democrats, Service, Democratic, Democratic Rep, Fair College, Supreme, Black College and Universities, Education Department, Community Economic, Greater Boston, Network, Ivy League, Harvard, Johns Hopkins University, Amherst College, Wesleyan Locations: Wall, Silicon, New England

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