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Rudy Giuliani had been at the forefront of the Trump administration's response to controversies. Giuliani was once praised for leading the country through national tragedy. Now the former federal prosecutor — like Trump — has been accused of sexual assault. Top editors give you the stories you want — delivered right to your inbox each weekday. Now — like the former president he once served — Giuliani has also been accused of sexual assault.
At first glance, Kristofer Baxter doesn't seem like an ideal candidate for offering tips about succeeding on Wall Street. His outside perspective offers a unique look at what it takes to find success on the Street. Too often, people explaining how they found success on Wall Street, or anywhere, amounts to them bragging about how hard they worked. Read more on key lessons from a top engineer at Citadel about finding success. The famous VC firm is going to launch a fund of funds for backing other VCs focused on finding early-stage startups.
BlackRock CEO Larry Fink Spencer Platt/Getty Images1. Who's next at BlackRock? On Wall Street, you'd be tough to find a founder and their company more synonymous with each other than Larry Fink and BlackRock. And while it's clear he doesn't want to remain at BlackRock forever, what's not clear is who would step in to fill the void. If that isn't enough for you, Rebecca also mapped out how BlackRock organizes its top leadership, identifying the 150 most powerful people and their reporting lines. Click here to learn more about BlackRock's succession plans for Larry Fink.
Chris Hladczuk leads growth at Meow, a fintech startup, after quitting Goldman Sachs. I picked a weird day to quit — it was my 24th birthday and I called my boss to tell her I was leaving Goldman Sachs. The power of Goldman SachsI love Goldman because it taught me how to win. With my future career in mind, is my pace of learning higher at Goldman in investment banking or at an early-stage startup? Chris Hladczuk currently leads growth at fintech startup Meow.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow NYC's legal weed rollout created a boom in 'gray' market cannabis shopsNew York City's rollout of adult-use marijuana has stalled as the heavily populated tri-state metro area looks to grow a completely new legal cannabis industry. Watch this video to learn more.
Sarah Chelli is a service stylist at The Langham hotel in New York City and works with VIP guests. She talked to Insider about what her job is like, and took us on the job to set up a guest's room. Britney Nguyen/InsiderAs a "service stylist," Chelli is responsible for communicating with guests to handle special requests. Her background in musical theater helps her as a service stylist, she said. Chelli taping balloons around a guest's hotel room before they arrive to celebrate a birthday.
Nina Keneally founded Need a Mom NYC, where she offers the services of a mom for $40 an hour. The work is part time, and I charge $30 an hour for the first two sessions and $40 after that for services a mom may provide. I've helped reformat a résumé, taught a guy how to iron his shirt before a big job interview, and shared recipes for chicken soup. While I'm certainly open to local in-person sessions, I don't do any marketing, so most people aren't aware I'm even here. I do have a Facebook page, and in the beginning, I got some comments like "Why would anyone need another mom?"
Some Chinatown residents benefited from the development boom, selling properties to developers or drawing more customers from increased foot traffic. Some residents have shown tentative support for the luxury buildings, saying they might make the neighborhood safer or bring in wealthier Asian residents who could boost Chinatown's economy. Manhattan Chinatown's housing stock is "really aged," which has led to costly fires, according to Thomas Yu, executive director of Asian Americans for Equality. Chinatowns and the pandemicMany debates surrounding luxury development and affordable housing were accelerated by the pandemic, which shuttered hundreds of businesses across Chinatowns. However, business owners who spoke with CNBC said Chinatown's businesses, though still recovering, are keeping the city's culture alive.
Supporters are raising defense funds for Daniel Penny, the man charged for killing Jordan Neely on the NYC subway. Penny is facing a manslaughter charge in the death of Neely, a 30-year-old homeless man. While Neely's behavior alarmed some passengers, one eyewitness told The New York Times that Neely never tried to assault anyone. The case has divided New Yorkers, who are grappling with a rise in crime on the New York subway system. "Justice looks like a conviction for murder," Edwards said at a press conference following the announcement of Penny's charges.
A man pauses outside of the New York Stock Exchange (NYSE) on January 15, 2016 in New York City. Index-rebalance strategies, the talk of the town just a few short years ago, are seemingly on their last legs these days. What doomed the index-rebalance strategy is a tale as old as time on Wall Street. Times are tough now, but as Alex notes in his story, not everyone is completely giving up on the strategy. And while we're talking Man Group, here's a rundown on a program meant to help non-tech workers learn data-science skills to help streamline their jobs.
As Wall Street internship season quickly approaches, that's a question many soon-to-be summer analysts are asking each other. One big trend Emmalyse notes in her story is the casualification, so to speak, of Wall Street. But the Wall Street dress code was starting to change before 2020, thanks in large part to the tech community. Read more about Wall Street's new dress code for summer analysts. Wall Street's litigious sibling is not an appealing career path to Gen Zers, the Financial Times reports.
Aaron Smith, CEO of the National Cannabis Industry Association, speaks during a news conference on the Safe Banking Act outside the U.S. Capitol in Washington, Sept. 14, 2022. The Senate banking committee is holding its first-ever hearing Thursday on a bipartisan bill that would allow the cannabis industry to access traditional banking services, which marijuana businesses see as critical to their survival. The meeting, titled Examining Cannabis Banking Challenges of Small Businesses and Workers, will hear testimony from lawmakers on both sides of the aisle, including Sens. Thursday's hearing will determine next steps in getting the bill to the Senate floor for a vote, as Senate Majority Leader Chuck Schumer and other key lawmakers express support for it. "Without full access to the banking and payments system, legal cannabis businesses are forced to operate in the shadows," said Sen. Sherrod Brown, D-Ohio, who is also chair of the committee.
Digital health, once the darling of the healthcare industry, is having a tough go of it. After a pandemic-fueled surge when health services and offerings utilizing tech were prioritized, digital health has come back down to earth. The similarities between digital health and fintech are striking. For both fintechs and digital health, this year has served as a reminder that they're only partly tech companies. Click here for predictions from 16 bankers and dealmakers on the future of digital health.
Wall Street, I'm sorry to say your 2023 bonus is already on some shaky ground. I realize we're not even halfway through the year, but after an awful first quarter, bonuses in plenty of areas of finance are trending in the wrong direction. It's a mixed bag, with some areas trending toward a double-digit percentage increase over 2022, while others are heading the opposite way. If that isn't a certainty, you can bet people, especially those earlier in their career, will look for greener pastures. Six of the largest European and US oil companies have a combined nearly $160 billion in cash and cash equivalents on their balance sheets, The Wall Street Journal reports.
After just a few short years of hype, the metaverse is already headed for the graveyard of failed tech ideas. The metaverse, according to Zuckerberg, was supposed to be the next evolution of the internet and our tech lives. But the rise and fall of the metaverse can teach us some important lessons about the tech industry as a whole. All the tech companies citing AI in their layoff announcements. Many major tech companies like Google and IBM even mentioned AI in their layoff announcements.
A story about training non-tech workers that has nothing to do with ChatGPT? Man Group, a $144 billion investment firm, has a popular training program to get non-tech workers up to speed on coding and data-science. Programs like <develop>, along with the rise of ChatGPT, speak to a wider trend across Wall Street of enabling employees to build their own tools despite not having a background in tech. Empowering people to build their own tools and apps to streamline their work seems great on paper. Read more about how Man Group teaches non-tech workers programming skills that help them save time.
Julia Lemberskiy realized pretty quickly after moving to New York City that owning a home was out of the question. Manhattan, New York is the most expensive housing market in the US, and Brooklyn and Queens, two of the other five boroughs that make up New York City, both cracked the top 15 priciest markets. She broke down four strategies for buying property if you live in a pricey market. Invest in a nearby, more affordable marketIf you live in a major city like Lemberskiy, starting small might be impossible. When Lemberskiy realized she couldn't afford to own in NYC, she started looking in upstate NY, where she eventually bought her first property.
NYC Mayor Eric Adams is being blasted by progressives over his response to Jordan Neely's killing. Neely's death has now placed an even brighter spotlight on Adams' policies regarding homelessness, which the mayor defended during a press conference last Thursday. "People who are dealing with mental health illness should get the help they need and not live on the train. The chief medical examiner's office last Wednesday said that the cause of Neely's death was compression of the neck and ruled his death as a homicide. Meanwhile, protestors are demanding that Penny face charges in Neely's death.
Police Clash With Jordan Neely Protesters in NYC Subway
  + stars: | 2023-05-07 | by ( ) www.wsj.com   time to read: 1 min
Lawmakers Fight for Child Vloggers to Be CompensatedFor children who appear in monetized content online, like vlogs and social media posts, there are currently no laws to protect them or ensure they get a cut of the money they help earn. Now, some state lawmakers are fighting to change that. Tech News Briefing producer Zoe Kuhlkin joins host Zoe Thomas to explain why Illinois may be the first state to cross the finish line. Photo: Getty Images
The next owner of the East 73rd Street home will have more than just a famous history to boast about. They'll also have famous neighbors — like Gloria Steinem, who lives across the street, according to New York Magazine. Adam D. Modlin/Modlin GroupSource: New York Magazine
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThis 22-year-old won $2 million in scholarships, graduated from Princeton and lives debt-free in NYCGabriella Carter, 22, lives debt-free in New York City. In high school and college, she won $2 million in scholarships and graduated from Princeton without student loans. Carter is the founder of Growing with Gabby, a business that helps other students secure scholarships. Last year, she made $133,000 between her business, her corporate job and interest income. Going forward, Carter plans to expand Growing with Gabby and create more content about money in general.
A software engineer died after falling from the 14th floor of Google's headquarters, NYPD confirmed. Police responded to a 911 call on Thursday reporting an unconscious person lying on the ground. The 31-year-old senior software engineer's name is being withheld pending family notification. A 31-year-old senior software engineer has died after falling from the 14th floor of Google's New York City office building, the New York Post first reported. The name of the engineer hasn't been released pending family notification, the NYPD said.
Arguably the biggest financial conference of the year just wrapped in Beverly Hills. Insider's Dakin Campbell, who was on the ground at Milken, has a report on the five biggest topics discussed this year. Dakin's report got me thinking about how Milken stacks up against another high-profile conference: Davos. Milken is also designed, thanks to its namesake, with a keen eye on what the finance industry wants, he added. Click here to read more about the biggest topics being discussed at the Milken Conference.
How to Respond to a Stranger in Mental Distress
  + stars: | 2023-05-05 | by ( Dani Blum | Dana G. Smith | ) www.nytimes.com   time to read: +2 min
If you are concerned for your safety, the best course of action is usually to leave the situation as soon as possible, said Schroeder Stribling, the president and chief executive of Mental Health America, a nonprofit group focused on advancing mental health. If you’re on the subway, for example, change cars, or get off and wait for the next train. Many cities have help lines and mobile crisis response teams that serve as an interface between the police and mental health providers and are trained to help people in acute distress. In New York City, for example, you can call 888-NYC-WELL to connect with mental health professionals. If you call 911, specify that you are calling about a mental health emergency and request a crisis intervention team if one is available, said Megan Rochford, the director of the National Alliance on Mental Illness HelpLine Operations.
But even the largest city in the country isn’t designed to handle the rise of online ordering and the influx of delivery workers. The way New York City handles these issues will shape the response in other major cities. “People view delivery workers as dirty, smelly and taking up too much space,” said Wood, a member of Workers Justice Project, an advocacy group for delivery workers in New York City. The growing dependency on e-bikes has been driven by demands on delivery workers, including faster delivery and bigger areas to cover. “But delivery workers are on the front lines of this and it’s even more necessary for them.”
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