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☆ Universal basic income is 'straight out of the Karl Marx playbook,' financial guru Dave Ramsey says
▼ + stars: | 2024-07-02 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +1 min

Universal basic income is in vogue with many trials underway and people like Elon Musk touting it. Personal finance guru Dave Ramsey criticized UBI as "straight out of the Karl Marx playbook." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementUniversal basic income is having a moment with trials launching across the globe, promising early test results, and the likes of Elon Musk singing its praises. "This is straight out of the Karl Marx playbook — this is not out of the Adam Smith playbook," Dave Ramsey said about UBI on "The Ramsey Show" last summer.

Persons: Elon, Dave Ramsey, UBI, Karl Marx playbook, —, Elon Musk, Adam Smith playbook Organizations: Service, Business

☆ America has a serious ugly home problem
▼ + stars: | 2024-07-02 | by ( James Rodriguez | ) www.businessinsider.com time to read: +14 min

Recently she posted a video on her YouTube channel in which she phrased the question more bluntly: "Why are homes so 'ugly' now?" Most people agree that America needs more houses, but nobody seems all that thrilled with the ones being built. Related storiesThe blame for America's architectural nightmare, however, doesn't stop at production builders, rising costs, or local codes. Homes look this way because they're not just places where we live — they're also supposed to help us get rich. As they stare down these rising costs, builders and architects have almost no choice but to streamline or opt for cheaper design elements.

Persons: Bailey McInnes, McInnes, they're, James Wentling, John Burns, Peter Dennehy, They're, Dan Reynolds, Horton, Lennar, Kate Wagner, she's, —, Wagner, Marcia Straub, William Morgan, it's, Queen Anne Organizations: HGTV, YouTube, Facebook, Builders, Bureau of Labor Statistics, National Association of Home Builders, John Burns Research, Consulting, Harvard's, for Housing Studies, Harvard, The Locations: Northern Virginia, America, homebuilding, Providence , Rhode Island

☆ Bachelorette Becca Kufrin: I've always felt loved, but I wish I hadn't pressured myself to get married and have children young.
▼ + stars: | 2024-07-02 | by ( Kelly Burch | ) www.businessinsider.com time to read: +4 min

After he broke my heart on screen, I became "The Bachelorette" later that year and got engaged to Garrett Yrigoyen. I've always had an abundance of love and kindness shown to me. Not that he'll probably care as he gets older — I'm assuming he'll find it more embarrassing than anything. By the time I had a baby and married at 33, I felt like I knew myself. We were married in a courthouse ceremony, so I'm excited to have a bigger wedding celebration with family and friends.

Persons: Becca Kufrin, hasn't, Arie Luyendyk Jr, Garrett Yrigoyen, Thomas Jacobs, I've, Thomas, Benson, he'll Organizations: Service Locations: Minnesota, Croatia

☆ Google's ambitious plan to replace tracking cookies is going from bad to worse
▼ + stars: | 2024-07-02 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +9 min

Several adtech companies have been in deep testing mode with Google's Privacy Sandbox for several months, since Chrome turned off third-party tracking cookies for 1% of its users. Criteo, a demand-side platform that helps advertisers place their ads, was also a Privacy Sandbox grant participant. Criteo forecast that if cookies were switched off now, publishers' Chrome ad revenue would decline by about 60% on average. AdvertisementStill, he added, the Privacy Sandbox already seems to be working better than a completely cookieless environment, "which is promising for an early-stage technology." To be sure, the Privacy Sandbox isn't the only alternative to the advertising ecosystem once cookies are discontinued.

Persons: —, they've, Chrome, Criteo, Todd Parsons, Criteo's, Anthony Katsur, Katsur, It's, James Colborn, Michael Lamb, RTB Organizations: Service, Google, Business, Exchange, IAB Tech Lab, IAB Tech, Chrome, Tech, CMA Locations: CPMs

☆ How to avoid the ‘stupid American’ stereotype while traveling abroad
▼ + stars: | 2024-07-01 | by ( Kim Davis | ) edition.cnn.com time to read: +16 min

But with tens of millions of Americans traveling abroad every year, the likelihood is that you’ll encounter us wherever you are in the world. So, here are my top 10 tips on how you can avoid the “stupid American” stereotype and become a “Smart American” abroad. However, when I’m traveling abroad, I’m always careful to keep it to, what feels like, a quiet whisper. As a result, many Americans often have little to no knowledge of what’s going on around the world, thus unfairly adding to the “stupid American” stereotype. Beat them to the punch with humorMy biggest secret weapon against being called a “stupid American” is calling myself a “stupid American” first and laughing about it.

Persons: Emily, It’s, we’ve, I’ve, tingle, it’s, You’ll, ”, they’d, Don’t, I’m, you’re, “, it’ll, Judy, pedro emanuel pereira, iStock, don’t, Linh Pham, ” “, you’ll, Adene Sanchez, Kim Davis, Kim @kimdavisreal Organizations: CNN, Uber, Local Locations: Paris, ”, American, Europe, Yorker, New York, Rome, America, United States, Vegas, Swedish, London, Britain, Gothenburg, Sweden

☆ Trump Has a Weird Way of Winning - The New York Times
▼ + stars: | 2024-07-01 | by ( Katherine Miller | ) www.nytimes.com time to read: +1 min

Donald Trump didn’t sound any different, not really, during the debate than the way everyone knows him to be. He didn’t sound any different on Friday afternoon, either, at his post-debate rally in Chesapeake, Va. The world around him convulses and Mr. Trump pretty much stays the same. With Mr. Trump specifically, the way people talk about him like he’s the sly fox, there’s a version of this post-debate rally where he really deviated from the norm — went shorter, did something slightly different, to shape how people viewed last week. In politics, there’s a rule about not getting in the way of an opponent’s crisis, but in that parallel version of Friday’s rally, perhaps Mr. Trump would pursue some news-making surprise to press the advantage.

Persons: Donald Trump, convulses, Trump, there’s, Joe Biden, — Mr Locations: Chesapeake , Va

AdvertisementWhen is the Nordstrom Anniversary Sale? The 2024 Nordstrom Anniversary Sale is happening for everyone from July 14 until August 4. You can apply here for the Nordstrom card and get inducted into the Nordy Club, which gets you early access to the Anniversary Sale. Here's when you can start shopping Nordstrom Anniversary Sale dates based on your Nordy Club status. AdvertisementHow to maximize discountsThe best way to maximize discounts during the anniversary sale is to get a Nordstrom credit card.

Persons: Jeans, you'll, hasn't, Giorgio, Bobbi Brown, Trish McEvoy Organizations: Business, Nordstrom, tote, Nordy Locations: Longchamp, concealer

☆ Richard Branson: 6 inspiring books that changed my life—including one 'everyone should read'
▼ + stars: | 2024-07-01 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +4 min

A great book can challenge your perceptions, shape your worldview, and impart messages that stay with you forever. Six books that billionaire Virgin Group founder Richard Branson has read over the course of his life have left that sort of lasting effect. Most recently, in April, he released his audiobook memoir, "Losing and Finding My Virginity: The Full Story." Branson calls it "a very entertaining read that has always stayed with me." On "Start With Why," Branson says: "My key takeaway was that it doesn't matter what you do, but why you do it ….

Persons: Richard Branson, Branson, Bryan Stevenson Stevenson, Walter McMillian, Jamie Foxx, Luke Rhinehart, George Cockcroft, Simon Sinek Sinek, Elizabeth Nyamayaro Branson, Nyamayaro Organizations: Virgin Group, CNBC, New York University, Equal, Initiative, Virgin Records, United Nations, UNICEF Locations: Africa, Zimbabwe

On the final night of Copa America Group C play, the U.S. men’s national team had to match or better Panama’s result against Bolivia. The challenge was that the U.S. would have to do it against unbeaten group leaders Uruguay. AdvertisementPanama beat Bolivia 3-1 and the U.S. lost 1-0 to Uruguay, ending their Copa America after one win and two losses in a disappointing group stage. Then, when giving Chris Richards a yellow card in the 32nd minute, Uruguay looked to play a quick free kick. Greg O’KeeffeWhat was the deal with the camera angle?

Persons: Gregg Berhalter’s, Paul Tenorio, Greg O’Keeffe, Jeff Rueter, Gregg Berhalter, Tim Weah’s, John Dorton, Kevin Ortega, Ortega, Tyler Adams, Chris Richards, Richards, —, Tim Ream, Christian Pulisic, Shaun Clark, Mathias Olivera, Darwin Nuñez, Matt Turner, Olivera, Paul Tenorio Joy, Pulisic, Bruno Miranda’s, Michael Reaves, tim, lev Organizations: Copa America Group, men’s, Uruguay, U.S, Copa America, Copa, Getty, USSF, Soccer, Peruvian, Ecuador, Iran, Napoli, Panama, Fox, CONMEBOL, Inter Miami, Sporting Kansas City, pla, eac Locations: U.S, Bolivia, The U.S, Uruguay, Panama, United States, Mexico, Canada, Qatar, Orlando, Kansas City, Bruno Miranda’s Bolivia, uHolden sh

☆ How to save money on summer vacations, according to a travel expert who has been to 90 countries
▼ + stars: | 2024-07-01 | by ( Joey Hadden | ) www.businessinsider.com time to read: +1 min

Don't worry about where other people are going. Instead of trying to make a faraway destination work on a budget just to keep up with influencers and travel trends, plan your trip based on what you can reasonably afford, even if the destination isn't far from home. "You don't have to go to big theme parks or shell out hundreds of dollars on hotels," she said. "When I grew up, we piled up in a station wagon, went on long trips, and packed a cooler with bologna sandwiches. Our dog Gidget came with us, and we stayed in little motor lodges along the way.

Persons: Kamon Supasawat, Brown Locations: bologna

☆ My mom provides our childcare, but we have different rules for the kids. It creates tension.
▼ + stars: | 2024-07-01 | by ( Bethaney Phillips | ) www.businessinsider.com time to read: +4 min

And, of course, when choosing someone to be with my kids, I'd rather them be with my mom. She's great with my kids, but we have different rulesMy mom has always taken great care of the boys, but we have very different personalities, which means we parent differently. Our homes also have different rules. AdvertisementTreating the kids differently can be confusing for everyoneAs you can imagine, this has led to some confusion — for the kids, yes, but for my mom, too. Ultimately, she said what she did because she believes in a different set of rules.

Persons: I'm, it's Organizations: Service, Business

☆ What happens to AI progress if China invades Taiwan? A chat with 'Chip War' expert Chris Miller.
▼ + stars: | 2024-07-01 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +7 min

Apple, Nvidia, Qualcomm, AMD, and most other chip designers rely on Taiwan Semiconductor Manufacturing Company to make these crucial components. And its location on the island of Taiwan, which China claims, puts the tech industry and AI's future in a precarious geopolitical position. AdvertisementChris Miller is the author of "Chip War: The Fight for the World's Most Critical Technology." When people understand the true significance of TSMC, they're often pretty shocked at how precarious the chip situation is. But suppose you think there's some chance that it happens.

Persons: Chris Miller, we're, TSMC, couldn't, That's, they've, they're, There's, Jensen Huang Organizations: Service, Apple, Nvidia, Qualcomm, AMD, Taiwan Semiconductor Manufacturing Company Locations: Taiwan, China, Russia, Ukraine, South China, Philippines, Beijing, Taiwan Strait, Washington, Tokyo

☆ Work is getting really weird
▼ + stars: | 2024-07-01 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

The big storyBizarro workplaceLorenzo Matteucci for BILet's be honest: Work has gotten really weird. Workers hiring shadow stand-ins can be unqualified for their jobs, overwhelmed, greedy, or just lazy. Shadow stand-ins are typically paid a fraction of the salary earned by the actual employee. One employee also described to Rob struggling to deal with a shadow stand-in's sub-par work and eventually "firing" them. Getty Images; Alyssa Powell/BIMeanwhile, the people who are doing all the work themselves are having a tough time getting any recognition.

Persons: —, Lorenzo Matteucci, Rob Price, Rob, Alyssa Powell, BI's Aki Ito, Roaring Kitty, Bain, Chris Miller, Greg Peters, Ted Sarandos, Peters, Chelsea Jia Feng, Coach's, David Rosenberg, Donald Trump's, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Grace Lett, Annie Smith, Amanda Yen Organizations: Service, Business, BI, Super, Facebook, Workers, Corporations, Getty, GameStop, McKinsey, Taiwan Semiconductor Manufacturing Company, Netflix, Walgreens, CVS, Rite, Wimbledon Locations: Chicago, India, Pakistan, China, Taiwan, New York, London

Klaus Vedfelt | Digitalvision | Getty ImagesAlthough the unemployment rate has spent 30 months at or below below 4% — a near record — not everyone who wants a job has one. Others, alternatively, are well-qualified but often younger candidates who are struggling to find positions, comprising a contingent of "new unemployables," according to a recent report by Korn Ferry. 'NEETS' feel 'left out and left behind'Still, some young adults in the U.S. are neither working nor learning new skills. In 2023, about 11.2% of young adults ages 15 to 24 in the U.S. were considered as NEETs, according to the International Labour Organization. In other words, roughly one in 10 young people are "being left out and left behind in many ways," Bustamante said.

Persons: Klaus Vedfelt, Korn, Alí Bustamante, Bustamante, that's, Biden's, Julia Pollak, Pollak, David Ellis, Korn Ferry Organizations: Digitalvision, Worker Power, Economic Security, Roosevelt Institute, U.S . Bureau of Labor Statistics, International Labour Organization, Finance, Here's, Trump, Employers, National Association of Colleges Locations: New York City, U.S

☆ 5 Things I Do Leading up to a Big Tech Interview.
▼ + stars: | 2024-07-01 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementHere are six things I do leading up to a big technical interview:1. However, I did have technical interview rounds focused on system design questions. I would go through them one to two weeks before the interview and try to answer them. Read my own notesIn the last 24 hours before a big interview, I stop doing any mock interviews or looking at new technical questions to prevent feeling even more anxious.

Persons: —, Yung, Yu Lin, Read Organizations: Service, Google, Yahoo, Meta, Visa, PayPal, Business Locations: Sunnyvale , California, Taiwan

☆ Job Promotions Are Down As Companies Cut Costs, Avoid Giving Raises
▼ + stars: | 2024-07-01 | by ( Aki Ito | ) www.businessinsider.com time to read: +6 min

In 2023, according to data compiled by Workday, companies across every industry promoted fewer employees than they did the previous year. The cutbacks were especially stark in tech, where promotion rates plunged by 25%. Yes, high interest rates and slower economic growth means that companies are being forced to tighten their belts. Related storiesEven when the job market begins to heat up again, we may not see promotion rates recover to 2022 levels for some time — or ever. Companies need to remember that even though employees can't afford to quit their jobs in the current hiring slump, they can still quiet quit.

Persons: Jessica, She'd, Mercer, Kelli Dragovich, —, everyone's, Gen Zers, Xers, We'll, they'll, Michael Citron, they're, She's, I've, Aki Ito Organizations: Tech, Mercer, Business Locations: America

☆ Four under-the-radar stocks to buy and hold for the second half: Portfolio manager
▼ + stars: | 2024-07-01 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +5 min

"The goal is to be able to hold these stocks for a while to benefit from the magic of compounding, which can take a long time." Calling it a "great company," the portfolio manager likes the size and scale of its operations and focus on acquisitions. Deere & Company Another company that Carey likes is Deere & Company , or John Deere. Stryker Another stock Carey is watching is medical technology player Stryker . "Stryker is a company that should capitalize on multi-decade trends, and that's where we want to be positioned," Carey added.

Persons: Christopher Carey, Carey, John Deere, Charles Schwab, Schwab, TD, Stryker Organizations: Nasdaq, Carnegie Investment, CNBC, Cintas, Deere, Company, Deere & Company, Charles, Charles Schwab Financial, Stryker Locations: U.S

☆ I quit multiple dream jobs to move for my husband's career. It was tough but led me to create a flexible 6-figure business.
▼ + stars: | 2024-07-01 | by ( Emily Reagan | ) www.businessinsider.com time to read: +7 min

Read previewI became a freelance marketing assistant without planning to in 2010 when my husband's military career forced me to quit yet another dream job. As we moved frequently over the previous seven years, I always landed new jobs, but starting over in every town didn't help my career progression. AdvertisementI advise new digital service providers to skip admin services and offer marketing services immediately. Marketing services are also the most flexible. I found that freelancers can hit the upper five figures and into the $100+/hour range by niching into specialized marketing services.

Persons: —, I'd, VAs, you've, Emily Reagan Organizations: Service, Oklahoma City, Business, DC, Facebook, Air Force Locations: Washington, DC, Oklahoma

☆ Analysis: The Supreme Court just gave presidents a superpower. Here’s its explanation
▼ + stars: | 2024-07-01 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +14 min

But Congress may not criminalize the President’s conduct in carrying out the responsibilities of the Executive Branch under the Constitution. Juries can’t even consider official acts in terms of a prosecution, according to the Supreme Court. This case poses a question of lasting significance: When may a former President be prosecuted for official acts taken during his Presidency? She said they could easily have expressed that some of Trump’s conduct was unofficial. Sorting private from official conduct sometimes will be difficult—but not always.

Persons: Donald Trump’s, Trump, John Roberts, Here’s Roberts, ”, Roberts, ’, –, Jack Smith’s, John Sauer, Amy Coney Barrett, Barrett, Mike Pence, Pence, they’re, George Washington’s, Smith, Clarence Thomas, “, …, Sonia Sotomayor, Trump’s, Sotomayor Organizations: CNN, Trump, Branch, Capitol, Supreme, Government, Founders Locations: Washington ,, Washington, United States

☆ Lucy Lawless on Her Best TV Roles: 'Xena,' 'Parks and Recreation,' & More
▼ + stars: | 2024-07-01 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +10 min

Lucy Lawless is well aware of the "long shadow" her iconic role in "Xena: Warrior Princess" has cast over her career. Her latest, the Acorn TV series "My Life is Murder," is one example of a project Lawless fought to bring to life. On why getting cast as Xena was 'a great big cosmic joke'Lucy Lawless as Xena in "Xena: Warrior Princess." I don't think that would even be particularly mark-worthy these days, would it? But "Parks and Rec" has people who don't know what "Xena" is, but they do know "Parks and Rec" or "Curb Your Enthusiasm" or something.

Persons: Lucy Lawless, Lawless, —, Alexa Crowe, Xena, It's, Jay Leno, Gabrielle, she's, would've, Renee, O'Connor, I've, Ron Swanson, Diane, Tricia Helfer, D'anna, Ron Swanson's, Ron, Ruby, Bruce Campbell, Sam Raimi, They'd, Margaret Moth, YouTube You've, Joe Duran, Margaret, wasn't Organizations: Business, Acorn, Village Voice, SyFy, Recreation, Entertainment, YouTube, CNN Locations: Australia, New Zealand, Parks, America, Sarajevo

☆ Lando Norris will ‘lose a lot of respect’ if Max Verstappen fails to apologize for controversial Austrian Grand Prix incident
▼ + stars: | 2024-07-01 | by ( Ben Church | ) edition.cnn.com time to read: +2 min

CNN —Lando Norris said he would lose respect for friend Max Verstappen if the Red Bull driver fails to apologize for a collision between the pair during a controversial Austrian Grand Prix on Sunday. Race stewards later handed Verstappen a 10-second penalty for causing the collision which led to Norris retiring from the race with a puncture and car damage. If he says he did nothing wrong, then I lose a lot of respect for that,” a “disappointed” Norris told Sky Sports during his post-race interview. I’m just gutted for the team,” Norris added. From the outside, it’s easy to judge and comment,” he told Sky Sports.

Persons: CNN — Lando Norris, Max Verstappen, McLaren’s Norris, Verstappen, Norris, ” Norris, McLaren's Norris, Erwin Scheriau, “ It’s, That’s, ”, It’s, Christian Horner, Andrea Stella Organizations: CNN, Red Bull, Prix, Sky Sports, AFP, Bull Locations: Austrian, British

☆ Inside the Little Britain Inn, where Germans go to pretend to be British
▼ + stars: | 2024-06-30 | by ( Julia Buckley | ) edition.cnn.com time to read: +15 min

Welcome to the Little Britain Inn, a corner of Germany that shall remain forever England. Because that’s the thing about the Little Britain Inn. In fact, the reason the Little Britain Inn exists is because of a cross-cultural argument. The Little Britain Inn also rates 4.8 out of 5 on Google. Some of our best guests have been here eight or 10 times – it’s like they’re our friends.”Today, the Little Britain Inn is going from strength to strength.

Persons: ”, Jack, that’s, there’s, Queen Elizabeth, Prince William, “, Blinders, Julia Buckley, Robin Hood, James Bond, Queen Elizabeth II, . Bean, Jack Sparrow, Alice, Wonderland, the, William, Meghan, Harry, Charles, Camilla, Princess Diana, Brexit Gary Blackburn, Gary Blackburn, Blackburn, Monika, who’s, it’s, who’d, he's, Unkel –, Who, they’d, Union Jack –, England, –, Bean, Agatha Christie, Harry Potter, – Blackburn, traipse, King Charles, Emma Bridgewater, King Charlie's, John Deere, Emily, Alyson, wouldn’t, They’re, Diana, Gary’s Organizations: Germany CNN, England, lifesize Paddington Bears, Paddington Bears, CNN, Paddington Bear, Brit, European Union, EU, Blackburn, Little, Linz –, Royce, Union, Google, YouTube, Regulars Locations: Vettelschloss, Germany, Rheinland, Pfalz, Rhineland, Palatinate, Bonn, West Germany, Cologne, Little Britain, Trafalgar, Little, England, British, German, Poland, Unkel, Linz, London, Blackburn, Guildford, Charles, Cornwall, Birkenstock, Argentina

☆ I had my mom and sisters wear their wedding dresses for my 40th birthday. People stopped to take photos of us.
▼ + stars: | 2024-06-30 | by ( Lauren Crosmedlicott | ) www.businessinsider.com time to read: +4 min

Leading up to my birthday, I asked my mom if she still had all our wedding dresses in the house. On the night we had scheduled, all but one of my sisters and mom drove their minivans to my house with their wedding dresses stuffed into the driver's seat. AdvertisementOnce we arrived at the dinner table, we talked about all our wedding memories. Although our weddings and this "wedding dress dinner" were particularly memorable days together, my mom, sisters, and I make memories every week. Dressing up in our wedding dresses, remembering the best days of our lives, was especially sweet for my mom.

Persons: —, I'd, Hailey Myers, I'm Organizations: Service, Business Locations: Midtown Tulsa

☆ The Cost of a Psychic Is a Window Into Americans' Spending Habits
▼ + stars: | 2024-06-30 | by ( Emily Stewart | ) www.businessinsider.com time to read: +15 min

For $25, which wound up being $30 because she didn't have change, Jessica told me my fortune. That psychic is also a pet psychic, which is not Katy's jam. Once, after an accident on her block in Chicago, Katy used a psychic to ensure the person had crossed over. Another time, she bought a bunch of bath oils in New York after a psychic told her she was cursed. In a consumerist society, of course some people are willing to pay to commune with the afterlife.

Persons: I'm, Jessica, IBISWorld, upselling, It's, that's, spellwork, Lisa Stardust, who's, Neil Dagnall, Ken Drinkwater, Dagnall, Drinkwater, —, Jane Risen, Risen, it's, what's, they're, Cleo, Peter Popoff, they'd, Ralph Lewis, There's, we're, Lewis, I've, Katy who's, Katy, Taylor Swift, Emily Stewart Organizations: Pew Research Center, what's, Manchester Metropolitan University, University of Chicago's Booth School of Business, Federal Trade Commission, intel, University of Toronto, Business Locations: Manhattan, New York, Chicago

☆ Bobby Jain's monster hedge fund is about to go live. Here is everyone Jain Global has hired so far.
▼ + stars: | 2024-06-30 | by ( Alex Morrell | ) www.businessinsider.com time to read: +1 min

Jain Global, one of the largest hedge fund launches ever, is set to start trading Monday. See BI's running list of 135-plus Jain Global hires, including names, job titles, and past employers. One of the most anticipated hedge fund launches ever is about to kick off. On Monday, Jain Global will start trading for the first time since former Millennium executive Bobby Jain started laying the groundwork for what has since become one of the industry's buzziest startups. He's launching with $5.3 billion in commitments, Bloomberg reported — making it one of the biggest hedge fund launches in history.

Persons: Bobby Jain, —, Jain Organizations: Jain, Jain Global, Service, Bloomberg, Business

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