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We were surprised when inflation rose. We were surprised when inflation fell. And we were surprised again when inflation stopped falling. The shakiness of our understanding is no small problem because inflation matters, a lot. Aside from those practical considerations: If we don’t understand inflation, then we also don’t truly understand anything else about the business cycle (if there even is one), because growth and inflation are intertwined.
Persons: , Biden Organizations: Federal
AdvertisementWhen the Masters golf tournament starts this Thursday, those watching on TV will be treated to the usual assortment of visuals: lush green grass, immaculate flower beds, and the world's greatest players putting on a show. But at the actual tournament, an even fiercer competition will be raging behind the scenes: the battle for authentic Masters merch. It stretched back 50 feet from the actual entrance, which was followed by a series of winding metal gates reminiscent of a TSA checkpoint. AdvertisementA sea of people near the entrance of the Masters golf shop, on April 9, 2024. It's also possible people are less merch-obsessed from Thursday to Sunday when the actual tournament is going on.
Persons: didn't, , Tiger Woods, Scottie Scheffler, Christian Petersen, wasn't, would've, It's, Ben Jared, they'd Organizations: Service, Masters, Augusta National Golf Club, eBay, TSA, Disney, Forbes Locations: swag, snaking, merch
Once you get acquainted with financial terms and skills, though, it can still feel daunting to begin your journey toward financial wellness. Aliche went through her own "financial shenanigans" before she charted her own path to financial wellness and wrote a book about it to help others. Whether you need to pay down a mountain of debt or just don't know where to start building wealth, here are the first three steps to take to begin your financial wellness journey, according to Aliche. Recognizing that you're not alone can help you feel more empowered to try and take the next steps in your journey. "Identify what you are actually struggling with so you can ask for specific help," Aliche says.
Persons: Tiffany Aliche, Aliche, doesn't Organizations: Global Citizen NOW Summit, CNBC Locations: Aliche
"Mary & George," Starz's latest raunchy historical drama, premiered on April 5. Executive producer Liza Marshall told BI that they faced issues finding filming locations. Speaking to Business Insider, executive producer Liza Marshall revealed that the production struggled to find a period home to shoot a steamy scene that appears in the premiere episode of "Mary & George." AdvertisementTony Curran and Nicholas Galitzine in "Mary & George." AdvertisementNicholas Galitzine as George Villiers in "Mary & George."
Persons: Mary, George, Liza Marshall, , Buckingham, Mary Villiers, Julianne Moore, Nicholas Galitzine, schemed, King James I, Tony Curran, Villiers, Benjamin Woolley's, James I, skullduggery, Marshall, Moore, George Villiers, Galitzine, Robbie Taylor Hunt Organizations: Service, Starz, BI, Entertainment Locations: France, England
Meta's AI image-generation tool is struggling to create images of interracial couples. Meta launched the standalone image tool, Imagine with Meta, late last year. The tool failed to correctly generate a Black man with a white wife when prompted by Business Insider. The same happened when BI asked it to produce an image of an Asian man with a white wife — only pictures of Asian couples were shown. However, the generator was able to successfully depict an interracial couple with a Black woman and a white husband.
Persons: Meta, Organizations: Meta, Service, Business, BI
ET, overnight staffers in the White House Situation Room began frantically reaching out to senior officials to notify them of the collision – and collapse – of Baltimore’s Francis Scott Key Bridge. Jen Daskal, the deputy homeland security adviser, began preparing a briefing for President Joe Biden. Two Oval Office meetings were convened as staff at various levels began trickling into the White House. Seven barges and nine tugboats have deployed to the area, according to Tom Perez, the White House director of intergovernmental affairs. In another case – that of Moore and Perez – the two have already opposed each other on the ballot.
Persons: Pete Buttigieg, Dali, Baltimore’s Francis Scott Key, Buttigieg, ” Buttigieg, Wes Moore, Baltimore Mayor Brandon Scott, Jeff Zients –, Jen Daskal, Joe Biden, , , Johnny Olszewski – Biden, ” Olszewski, Biden, “ I’ve, ” Biden, , Tom Perez, ” Perez, Perez, “ It’s, we’ve, Natalie Quillian, Moore, Perez –, that’s, ” CNN’s Donald Judd Organizations: Baltimore CNN —, US Coast Guard, CNN, Maryland Gov, Baltimore Mayor, White House, Baltimore, Coast Guard, Department of Transportation, Maryland, White, Administration, Democratic Locations: Wyoming, Montana, Maryland, Baltimore County, Washington, Delaware, Baltimore, Patapsco, synchrony, Federal, White, United States
"It's clear that lots of investors have no idea what AI is," Cramer said on "Mad Money." "In fairness, the reason they have no idea is because we really haven't even seen anything transformative from the AI camp just yet." Cramer cautioned that it isn't prudent to so quickly dismiss AI bellwethers like chipmaker Nvidia in favor of high-performing refinery and dollar store stocks. "In terms of innings, I don't think the AI game has even started yet," Cramer said. Expanding his baseball metaphor, Cramer said AI is in its batting practice stage but may eventually replace many "undesirable" jobs involving physical labor.
Persons: CNBC's Jim Cramer, Cramer, Jensen Huang Organizations: Nvidia
Grip strength can indicate health and longevity
  + stars: | 2024-04-01 | by ( Dana Santas | ) edition.cnn.com   time to read: +8 min
While it may seem like a small part of your body’s total strength, grip strength is a foundational component of physical fitness, linked to injury prevention, as well as a reliable benchmark for many aspects of health and functional independence as we age. Tasks such as carrying groceries, opening doors and jars, and even getting out of a chair all require adequate grip strength. How to assess and track your grip strength at homeIn clinical settings, a hand dynamometer measures grip strength by gauging the force applied when squeezing its handle. To test your grip strength at home without a dynamometer, use a bathroom scale or tennis ball to give you rough, trackable measurements. Exercises to strengthen your gripImproving grip strength involves incorporating specific exercises to address all three aspects of grip strength.
Persons: Dana Santas, it’s, I’ve, you’ll Organizations: Pain, CNN, CNN’s
Griffin noted that 2023 was a difficult year for the hedge fund industry and expected the medium-term to "remain challenging." Citadel and Griffin's market maker, Citadel Securities, received over 100,000 applications for full-time jobs and internships this year, Griffin said. "We take pride in having built one of the most formidable teams in hedge fund history," he said. The remarkable achievements of our portfolio managers are a testament to the constructive and empowering culture at Citadel. Assembling the Premier Team in Hedge Fund HistoryWe take pride in having built one of the most formidable teams in hedge fund history.
Persons: Griffin, Kenneth C Organizations: Business, Disney World, Citadel, Citadel Securities, Citadel Wellington LLC, Team, Congressional, U.S, LCH Investments Locations: United States
But the question over the color of Jesus’ skin is a serious one this Easter, for two reasons. But there are some who say Jesus’ color should stay the same, or that it doesn’t matter at all. He concedes that there are barriers to worshipping a White Jesus that he, a White man, may not understand. Jesus didn’t simply care about the poor, he was poor.”Cleveland tells CNN that people who say Jesus’ color wasn’t important ignore history. She says the experience taught her how much White Christian nationalism and the White Jesus have merged.
Persons: CNN — Christena Cleveland, Thomas ”, Jesus, , Cleveland, Thor, , Jesus didn’t, Megyn Kelly, , Trump, Donald Trump, Al Drago, Gentile, Warner, he’s, Sallman, Edward J, Blum, Jesus Christ, Mario Tama, Christina L, Barr, ” Barr, he’d, coon, ” Antony Pinol, Pinol, God, Jesus doesn’t, ” Pino, Jeff Hutchens, Albert Cleage, George Floyd, Black, Dante Stewart, ” “, ” Stewart, James Cone, Toni Morrison, White, ‘ ’ Blum, MAGA, White MAGA Jesus, Paul Weaver, Drew Angerer, Jesus ’, Frederick Buechner, John Blake Organizations: CNN, Cleveland, TSA, Fox News, Bloomberg, Getty, CARE, New York Times, Christ, America, Communist Party, Warner, Republican Party, Black Tea News, Pennsylvania State Capitol, Christianity Locations: Cleveland, Hollywood, barbershops, Santa Claus, America, White, Avoca , Pennsylvania, Israel, Port, Prince, Haiti, Africa, Dillon , South Carolina, Asia, Southern, Eastern Europe, Rome, Harrisburg , Pennsylvania, Gaza, New York City
Many professionals believe that they're highly attentive, but 70% of them actually exhibit poor listening habits in the workplace, according to a 2020 University of Southern California report. So you've got to be clever if you want to grasp someone's attention, says Matt Abrahams, a communication consultant and organizational behavior lecturer at Stanford University. Polite requests for his students' attention fell on deaf ears, drowned out by their "chit-chatting," he tells CNBC Make It. It only takes four seconds for silence to become awkward, according to a Dutch psychology study published in 2011. "It's very hard to stand in silence, but that can be very helpful," he adds.
Persons: you've, Matt Abrahams, It's, Abrahams Organizations: University of Southern, Stanford University, CNBC Locations: University of Southern California
WASHINGTON (AP) — For over a month, House Speaker Mike Johnson has sat on a funding package that would send desperately needed ammunition and weaponry to Ukraine, mulling how best to gain a grasp of what is expected to be a difficult lift in the House. The Republican speaker has indicated he will attempt to push for approval of tens of billions in wartime funding for Ukraine, as well as Israel, once the House returns in April. “We'll turn our attention to it and we won't delay on that,” the Louisiana representative said of the Ukraine package at a news conference last week. Rep. Marjorie Taylor Greene, a far-right Republican from Georgia, has filed a motion to vacate Johnson as speaker and warned him not to put Ukraine funding on the House floor. Before becoming speaker, Johnson was deeply skeptical of approving funding for Ukraine and voted repeatedly against it.
Persons: Mike Johnson, , Johnson, Gregory Meeks, Marjorie Taylor Greene, ” Greene, ” Johnson, Ronald Reagan, , Michael McCaul, Greene, Don Bacon, Shelby Magid Organizations: WASHINGTON, Republican, Ukraine, NATO, Rep, House Foreign Affairs Committee, Capitol, Senate, Kyiv, Republicans, Democrats, Senior Republicans, House Foreign Relations, CBS, House, Eurasia Center, Atlantic Council Locations: Ukraine, Israel, Louisiana, Russia, Kyiv, Georgia, Gaza, Washington, , Europe
Inside the AI talent-hiring frenzy
  + stars: | 2024-03-27 | by ( Aaron Mok | ) www.businessinsider.com   time to read: +6 min
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThe fight to hire the best AI talent is heating up as companies large and small compete in the race to create the best products in the booming sector. Last week, Mustafa Suleyman, the cofounder of Google's DeepMind, left his startup Inflection AI to lead tech giant Microsoft's consumer AI division as CEO. "AI talents are some of the most highly compensated in today's job market," Alex Libre, the cofounder and principal recruiter of Einstellen Talent, a service that matches job candidates with generative AI startups, told BI. Related stories"There is undoubtedly a shortage in AI talent," Libre says.
Persons: , Mustafa Suleyman, Google's DeepMind, Aravind Srinivas, pricey, Sam Altman's, OpenAI, Salesforce, J.T, O'Donnell, Alex Libre, He's, They're, Ray, Flavien, Coronini Organizations: Service, Meta, Business, Big Tech, Companies, Tech, Libre, Big, . Workers, Microsoft
As a medical oncologist, I am heartbroken — but hardly surprised. In fact, it is part of a rising global trend in which newly diagnosed cancer patients are getting younger. The global incidence of early-onset cancer increased by 79.1% and early-onset cancer deaths rose by 27.7% from 1990 to 2019, a 2023 study in the journal BMJ Oncology found. And because early-onset cancers are often diagnosed at advanced stages, they were once thought to be biologically different and more pernicious than their older counterparts. Younger patients may be pregnant at the start of therapy or worry about the effects on fertility.
Persons: Jalal Baig, Catherine , Princess of Wales, Kimmie Ng, , haven’t, oncologist Jalal Baig, Suneel Kamath, ” Kamath Organizations: Washington Post, NBC News, Foreign, CNN, BMJ Oncology, American Medical Association, Dana, Farber Cancer Institute, Boston Globe, Cleveland Clinic Taussig Cancer Institute, for Young, Cleveland Clinic, US Preventive Services Task Force Locations: Chicago, Washington, United States, Wales
The climate crisis ends up touching on all of those issues, as CNN’s chief climate correspondent Bill Weir told me. Removing politics from climate changeWOLF: It’s interesting to hear you say that about Texas, because the governor and the Republican-dominated legislature there would seemingly be opposed to doing anything specifically because of climate change. Joe Biden has tried to make the argument that addressing climate change should be an economic boom. It seems clear that we’re going to burst through the 2-degree tipping point that had been previously suggested as the tipping point for climate change. What that means for marine ecosystems and coral reefs, which are the cradles of life in the oceans, and what it means for the power of storms as we head into hurricane season has scientists really, really worried.
Persons: Bill Weir, , Weir, You’re, WEIR, don’t, Syd Kitson, It’s, Hurricane Ian, CNN WEIR, Hurricane Maria, they’ve, it’s, It’ll, Joe Biden, Donald Trump, Matt Yglesias, WOLF, I’ve, we’ve, We’ve, Kena Betancur, they’re, There’s Organizations: CNN, NFL, Hurricane, Babcock, Buffalo, UN, Republican, Act, Citi Bikes, Getty, Greyhound Locations: Hope, Massachusetts, Salisbury , Massachusetts, New Hampshire, Florida, America, , Florida, Puerto Rico, Buffalo, Puerto Rican, Niagara Falls, Texas, Alaska, United States, Portland , Maine, Portland , Oregon, Central America, Charleston, South Carolina, New York City, Dallas, Chicago, New York, AFP
At the simplest level, labor productivity is how much output (widgets, meals, spreadsheet computation) one person can complete in an hour. Employers were running around with fishnets trying to find people, and workers used their leverage. By contrast, the late 1990s were a period of higher productivity growth and underestimated growth, starting the year at 2% but ending closer to 4%. But it's probably too soon to be thinking about these factors as the main driver of recent productivity growth. The investment implications of this are clear: Stronger productivity growth implies a higher speed limit for the economy.
Persons: , it's, we'll Organizations: Federal Reserve Bank of San, Labor, P Global, Manufacturing, Capital, Employers, downturns, Professional Locations: Silicon Valley, Federal Reserve Bank of San Francisco
I think Jensen deserves one day a year when he can trace out a vision without a per share attached to it. Sure, plenty of people in line Saturday would, correctly I think, say to "own it, don't trade it." Sure, I was sweating "own it, don't trade it." And, can you imagine if you owned but didn't trade Intel from 1990 to 2000? (Don't tell current Intel CEO Pat Gelsinger, who thinks it is still alive.)
Persons: Lisa, Jensen Huang, Jensen, Lisa Su, Andy Grove, Elon Musk, he's, what's, We've, heaven's sakes, Sam Altman, Jensen's, , Gordon Moore, Robert Noyce, Intel's, Noyce, blowhard, Pat Gelsinger, Enrique Lores, it's, He's, Frank Slootman, Jensen demurred, Frank, AMD's Su, It's, Colette Kress, Jim Cramer's, Jim Cramer, Jim Organizations: Palm, Wine, Club, Nvidia, New Yorker, Devices, Tesla, heaven's, OpenAI, Intel, IBM, HP, AMD, CNBC Locations: Florida, San Francisco, New
AdvertisementThese changes, spread out over millions of transactions a year, have the chance to reshape the housing market. Real-estate agent commissions have hovered between 5% and 6% of the sale price for decades. If sellers are in a desirable market, they might start offering less commission to buyers' agents, or none at all. This would force buyers' agents to get more creative. It has made it clear that it doesn't want sellers offering compensation to buyers' agents.
Persons: there's, Rich Pedroncelli, doesn't, they're, Bret Weinstein, they'll, I'm Organizations: National Association of Realtors, Federal Reserve Bank of Richmond, Department of Justice, NAR, DOJ, AP, MLS, Department, Justice Locations: Denver
This was just 'great pop songs,' or what we thought were great pop songs." Advertisement"You'll see throughout the movie that he's writing 'Dance Before We Walk' and toying with the idea," Kotecha explains. I'm actually not just a manufactured boy band guy, I'm actually a musician and I want to be taken seriously.'" "For the boy band songs," Kotecha explained, "you don't sacrifice the melody for the lyric." "Nostalgia may be kicking in, but I also feel like it's time for another boy band," Kotecha said.
Persons: Hayes Campbell, Kotecha, , Nicholas Galitzine, Anne Hathaway, Solène, Campbell, Savan, Ariana Grande, Demi Lovato, Michael Showalter, Cathy Schulman, Robinne Lee, I've, Hayes, Carl Falk, Moon, Simon Cowell, Alisha Wetherill, I'm, Harry Styles, Jackson, what's, sister's, NSYNC Organizations: BI, Service, SXSW, Vogue, Amazon Prime Locations: Coachella, Pixar's
Their November collision began to look even more likely after Mr. Trump scored a decisive win in Iowa in January. Already, Mr. Trump and Mr. Biden had shifted their focus away from the primaries. But Mr. Biden has already been using the political and financial apparatus of the Democratic National Committee. Mr. Biden is viewed unfavorably by a majority of Americans — a precarious position for a president seeking re-election — although so is Mr. Trump. Mr. Biden and his allied groups also have a significant financial advantage over Mr. Trump, whose legal bills are taking a toll.
Persons: Biden, Donald J, Trump, Mr, Nikki Haley, Biden’s, , Joe Biden, , Haley, Trump’s, California’s, Robert F, Kennedy Jr, Dean Phillips, Marianne Williamson, Juan M Organizations: Tuesday, Associated Press, Democratic, Republican, Mr, Washington State, Democratic National Committee, Republican National Committee, D.C, Dean Phillips of Minnesota, Manhattan Locations: Iowa, Georgia, Georgia , Mississippi, Hawaii, Vermont, Washington, Gaza, New York
Kate Middleton isn't the only one distorting reality online: the Oscars made a dog clap. AdvertisementIf Kate Middleton admitting to editing a photo of herself and her children made you question your grasp of reality, wait until you learn the truth about the dog clapping at the Oscars. The canine star played Snoop in "Anatomy of a Fall," which won best original screenplay at the 2024 Oscars. But according to host Jimmy Kimmel, Messi was too excited during the ceremony rehearsal to attend the live show. NO WAY MESSI CLAPPING AT THE OSCARS 😭 pic.twitter.com/3kCAjy5fkV — Rina (@bbblanchett) March 11, 2024This is Messi.
Persons: Kate Middleton isn't, Messi, , Kate Middleton, Robert Downey Jr, Oppenheimer, Snoop, Jimmy Kimmel, Kimmel, we'd, — Chris Gardner, pooch, Laura Martin Contini, Messi wasn't, ina Organizations: Service, Messi, YouTube, MESSI Locations: @chrissgardner
Their November collision began to look even more likely after Mr. Trump scored a decisive win in Iowa in January. Already, Mr. Trump and Mr. Biden had shifted their focus away from the primaries. But Mr. Biden has already been using the political and financial apparatus of the Democratic National Committee. Mr. Biden is viewed unfavorably by a majority of Americans — a precarious position for a president seeking re-election — although so is Mr. Trump. Mr. Biden and his allied groups also have a significant financial advantage over Mr. Trump, whose legal bills are taking a toll.
Persons: Biden, Donald J, Trump, Mr, Nikki Haley, Biden’s, , Joe Biden, , Haley, Trump’s, California’s, Robert F, Kennedy Jr, Dean Phillips, Marianne Williamson, Juan M Organizations: Tuesday, Associated Press, Democratic, Republican, Mr, Washington State, Democratic National Committee, Republican National Committee, D.C, Dean Phillips of Minnesota, Manhattan Locations: Iowa, Georgia, Georgia , Mississippi, Hawaii, Vermont, Washington, Gaza, New York
I think a lot of times, companies start by immediately bringing in diverse talent. To be able to fill all these future roles — even with AI — you're going to have to tap into diverse talent. I can't just show up at Georgia Tech and expect all the diverse talent to want to come to my organization. A false narrative is the talent just isn't there, or you're too small to attract the talent. Whatever the love language is for your company, grasp that and utilize that to push DEI forward.
Persons: Sharawn Tipton, hasn't, you've, George Floyd, that's, Let's, It's, , That's Organizations: Micron Technology, College, , National Society of Black Engineers, Society of Hispanic Professional Engineers, Georgia Tech Locations: San Francisco, Tech
If selective colleges admitted students by score alone — using, say, a 1300 cutoff — the pool would not be very diverse, by race or class. If selective colleges admitted students by score alone — using, say, a 1300 cutoff — the pool would not be very diverse, by race or class. To create a more diverse class, colleges could … But admissions preferences based on race are no longer legal. We Tried to Create a Diverse College Class Without Affirmative Action Now you can try it, too. In our affirmative action model, just 6 percent of admitted students come from the bottom quartile of the income distribution.
Persons: , Sean Reardon, Demetra, NaN %, NaN, It’s, , , Richard Kahlenberg, we’re, didn’t, “ We’re, Zack Mabel, we’ve, , it’s, Richard Sander, Jill Orcutt, Johns Hopkins, they’ll Organizations: Stanford, Penn, Here’s, Colleges, Progressive Policy Institute, White Asian, American Association of Collegiate, University of California Locations: America, Here’s, Alaska, Georgetown, U.C . Merced
Democratic presidential candidate U.S. Representative Dean Phillips speaks to the media as he arrives at Londonderry High School during U.S. presidential primary election, in Londonderry, New Hampshire, U.S., January 23, 2024. Democratic Rep. Dean Phillips, Minn., has dropped out of the 2024 presidential race and endorsed President Joe Biden. "And it is clear that Joe Biden is OUR candidate and OUR opportunity to demonstrate what type of country America is and intends to be." Biden's campaign has been in general election mode for weeks, kicking into high gear after the president swept New Hampshire and South Carolina. Though Biden's age was not enough to singlehandedly keep Phillips' campaign afloat, it is still a top vulnerability as the general election nears.
Persons: Dean Phillips, Joe Biden, Phillips, Nikki Haley, Donald Trump, Biden, Jason Palmer, I'm, pare, Elon Musk, Bill Ackman, Democratic Sen, Joe Manchin, Robert Hur, Hur Organizations: Democratic, U.S, Londonderry High School, Tuesday, New, Democratic National Convention, Biden, Tesla, Republican, Department, Justice Locations: Londonderry , New Hampshire, U.S, Minn, America, American Samoa, New Hampshire, South Carolina, lockstep
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