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☆ On Inflation, the Price Is Still Wrong
▼ + stars: | 2023-04-14 | by ( The Editorial Board | ) www.wsj.com time to read: 1 min

Is inflation over? That was the temporary market sigh of relief you heard Wednesday morning as the feds reported that the consumer price index for March rose a mere 0.1%. The White House chimed in with a statement from President Biden in Ireland claiming credit and noting that “inflation has now fallen by 45% from its summer peak.”Our readers understand that you can use statistics to prove just about any point as long as you pick the right comparative dates. Why did inflation surge in the first place starting in autumn 2021? The White House would prefer not to mention that.

☆ I'm work at a car dealership and sell 20 cars a month. Here's what buyers need to know to get the best deal.
▼ + stars: | 2023-04-14 | by ( Alexa St. John | ) www.businessinsider.com time to read: +7 min

Lindsberg Pettway Jr. spent the early part of his career in various roles in education. Pettway Jr. averages 20 car sales each month, with his team averaging 120 monthly. In addition to his sales position, Pettway Jr. mentors young men, and he's currently working on an e-book guide to the car-buying experience. We use TikTok and balance entertainment with informational pieces because sometimes people are intimidated when they go into a car dealership. Pettway Jr. says if you're shopping for a car, you need to know your credit score.

☆ Fact Check-No evidence a 50-foot snake exists
▼ + stars: | 2023-04-10 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

According to experts, the longest snakes recorded have reached lengths of around 20 feet. “I have never heard of an extant (currently living) species of snake that can grow this long. Smithsonian Magazine reported that boas can be up to 14-feet-long and anacondas could exceed 20 feet ( bit.ly/3U5K9kf ). The Natural History Museum of London says on its website that the reticulated python reaches sizes over 20 feet. The biggest snakes recorded are up to 20 feet long, according to experts.

☆ CHART: We analyzed Apple's revenue per employee to show how it's avoided tech bloat and delayed layoffs
▼ + stars: | 2023-04-06 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

Data shows its revenue per employee trumps the rest of Silicon Valley, a sign of its efficiency. Apple's comparative efficiency is visible through one particular metric that is back in vogue: Revenue per employee. Insider analyzed revenue per employee at major tech firms between 2018 and 2022. Revenue per employee is a get-back-to-basics measure of efficiency and productivity, assigning a hard dollar value to individual workers. Rabois also criticized tech firms, specifically Google and Meta, for "over-hiring" — a practice Apple avoided during tech's boom years.

☆ Switzerland faced a full-scale bank run if Credit Suisse went bankrupt, Swiss regulator argues
▼ + stars: | 2023-04-05 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +7 min

It would have erased the holding company Credit Suisse Group, along with the parent bank Credit Suisse AG and its branches, while retaining the Credit Suisse (Schewiz) AG entity because of its "systemic importance." "The parent bank Credit Suisse AG would have gone under – a Swiss bank with total assets of over CHF 350 billion and ongoing business also running into many billions," Angehrn warned. Many other Swiss banks would probably have faced a run on deposits, as Credit Suisse itself did in the fourth quarter of 2022." Angehrn said the regulator has been in recent dialogue with the U.S., but did not experience international pressure in its supervision of Credit Suisse. The authorities would have risked not stopping a looming financial crisis by using the tool of resolution, but rather triggering such a financial crisis."

REUTERS/Thomas White/IllustrationMUMBAI/NEW DELHI, April 3 (Reuters) - A surge in India's services exports, which hit a record high in the October-December quarter, is expected to shield the economy from external risks as a slowing global economy will likely weigh on the country's merchandise exports. Services exports will likely surpass goods exports by March 2025, he said. Reuters Graphics Reuters GraphicsIT services still accounted for 45% of India's total services exports in April-December. EXTERNAL SHIELDThe continued rise in services exports is likely to help rein in India's current account deficit. There is room for further growth with India's share in world commercial services exports currently just at around 4%."

☆ Tech firms hold all the power right now as Goldman Sachs predicts AI will impact 300 million jobs
▼ + stars: | 2023-03-29 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

Goldman Sachs estimates 300 million jobs could be affected by AI. A new report from Goldman Sachs reckons generative AI models like OpenAI's GPT-4 could impact 300 million full-time jobs globally. OpenAI's apparent willingness to roll out advanced AI models as soon as they're ready points more to a future where the tech replaces vast swathes of the workforce. History dictates that innovation with the power to disrupt and eliminate jobs typically paves the way for new fields, in time. A 2020 report from the World Economic Forum predicted AI will displace 85 million jobs by 2025, and create 97 million new ones.

☆ Libya signs South Refinery contract with Honeywell
▼ + stars: | 2023-03-26 | by ( ) www.reuters.com time to read: +1 min

TRIPOLI, March 26 (Reuters) - A subsidiary of Libya's state-owned National Oil Corp (NOC) said on Sunday it had signed a contract with U.S.-based Honeywell (HON.O) for engineering work on the planned South Refinery project, likely to cost between $500 million and $600 million. NOC has previously said South Refinery will produce cooking gas, jet fuel and other products, including 1.4 million litres a day of petrol and 1.1 million litres a day of diesel. Libya is seeking to bring foreign investment back into its energy sector after two and a half years of comparative peace following years of conflict. Last month the Tripoli-based government agreed to move ahead with an offshore gas project in cooperation with Italy's Eni (ENI.MI). Reporting by Reuters Libya newsroom; Editing by Angus McDowall and David HolmesOur Standards: The Thomson Reuters Trust Principles.

☆ A professor says he's stunned that ChatGPT went from a D grade on his economics test to an A in just 3 months
▼ + stars: | 2023-03-26 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +4 min

An economics professor was stunned by the progress ChatGPT made in an exam in just three months. Bryan Caplan of George Mason University said the chatbot got a D in his economics test in January. Bryan Caplan, an economics professor at George Mason University, told Insider the latest version of ChatGPT could now be responsible for the first big bet he's ever lost. Caplan told Insider the bot failed to understand basic concepts, such as the principle of comparative and absolute advantage. "I'm probably going to lose this AI bet but I am totally on board to do a bunch more end-of-the-world AI bets because I think these people are out of their minds."

☆ 25 years later, the company that modernized the way we straighten our teeth is still revolutionizing dentistry
▼ + stars: | 2023-03-14 | by ( Sponsor Post | Created Insider Studios With Align | ) www.businessinsider.com time to read: +10 min

Align Technology, the company behind the Invisalign® system and iTero™ intraoral scanners, is celebrating 25 years of transforming smiles and changing lives. Align Technology transformed the orthodontic industry with the Invisalign® clear aligner system, a series of clear, removable aligners custom-made for each patient. On average, Invisalign treatment is five months shorter than braces treatment, and Invisalign patients report 30% fewer doctor visits than braces patients. Fast Facts: The Invisalign clear aligner system was introduced in 1999. Invisalign® Personalized Plan delivers Invisalign treatment plans by automating doctors' specific treatment preferences for efficiency and treatment planning consistency.

☆ Ukrainian soldiers are haunted by nightmares and having mental breakdowns, but they are not leaving the front lines to seek care
▼ + stars: | 2023-03-10 | by ( Chris Panella | ) www.businessinsider.com time to read: +3 min

Ukrainian soldiers in a bloody fight with Russian troops are not seeking care for their mental health. According to The Washington Post, Ukrainian forces have largely remained in combat despite experiencing severe mental health issues. Some Ukrainian troops said there's a comparative lack of reinforcements available to replace them, especially as Russia continues to throw troops and Wagner Group members into battle, exhausting Ukrainian manpower. Mental health discussions are still considered taboo in Ukraine, especially for soldiers, The Post reported. This leaves soldiers on the front lines, even as they suffer post-traumatic stress and trauma, unwilling to talk about their mental health.

☆ 'Bregret'? Many Brits are suffering from Brexit regret
▼ + stars: | 2023-03-03 | by ( Elliot Smith | ) www.cnbc.com time to read: +5 min

Polling suggests that a majority of Brits now think that the U.K. was wrong to leave the European Union. NurPhoto / Contributor / Getty ImagesLONDON — Almost seven years and four prime ministers since the U.K. voted to leave the European Union, polling suggests public sentiment has turned against Brexit. "The second thing is the increasing number of leave and other voters who are coming to see Brexit as having had negative economic impacts." But longer-term factors played a role, and he suggested that a lengthy stagnation in living standards, partly caused by the austerity policies introduced by David Cameron's government, contributed to the anger unleashed across working-class communities in the Brexit vote. Brexit being 'redefined' Former Prime Minister Boris Johnson won a landslide election victory in 2019 with a promise to "get Brexit done," touting an "oven-ready" withdrawal agreement he had negotiated with the European Union.

☆ Samsung says S23 smartphone sales ahead of S22 with most people buying the priciest 'Ultra' model
▼ + stars: | 2023-02-28 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +1 min

Samsung said that 60% of the pre-orders for the Galaxy S23 smartphone series were for the S23 Ultra, the most expensive device in the lineup. The series features three models: the standard S23, a slightly more expensive S23+ and the top-of-the-line S23 Ultra. The S23 Ultra starts at $1,200. "So we are on the premium segment, despite the difficult economic environment, we see a steady opportunity for us. Chomet revealed that the most expensive version of the flagship phones — the S23 Ultra — accounted for about 60% of global S23 pre-orders.

☆ ‘Remnants of Ancient Life’ Review: The Microscopic Past
▼ + stars: | 2023-02-21 | by ( David P. Barash | ) www.wsj.com time to read: +1 min

For most of us, the word “fossil” conjures up old bones, dinosaurs and museums. Dale E. Greenwalt’s “Remnants of Ancient Life: The New Science of Old Fossils” offers a fascinating corrective. Mr. Greenwalt, a researcher at the Smithsonian Institution’s National Museum of Natural History, is no stranger to dinosaurs and their ilk, but his focus is on prehistoric insects and the biochemistry of ancient life forms. It is the latter research—the burgeoning study of ancient biomolecules—that is the most exciting “new science” highlighted in the book’s subtitle. “Remnants of Ancient Life” is an eye-opening guide to this new world of understanding, one that encompasses chemistry along with biology.

☆ Carbon-related tech raised a record-breaking $4.2 billion in 2022 as VCs poured into direct air capture and carbon accounting startups despite wider slowdown
▼ + stars: | 2023-02-20 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +4 min

Emissions removal and management startups raised $4.2 billion last year, up from $3.6 billion in 2021. Carbon-related startups raked in $4.2 billion from venture capitalists globally last year across 204 deals, according to a new report from PitchBook. PitchBook's carbon tech categorization also includes fintech and analytics companies such as Coatue-backed carbon accounting firm Sweep. "We can't contain the climate crisis to an acceptable degree of global heating without actively addressing carbon capture and sequestration." While carbon tech is defying the wider venture-capital slowdown, which has seen valuations and deal counts plummet in the face of the war in Ukraine and fears of recession, the wider carbon and emissions tech category has remained flat.

☆ The market isn't sure how to interpret Tuesday's inflation data — listen to the 'Homestretch'
▼ + stars: | 2023-02-14 | by ( ) www.cnbc.com time to read: +7 min

SO THAT IS GOING TO GIVE US ALITTLE BIT MORE OF A PICTURE OFHOW THE ECONOMY IS DOING. AND IN TERMS OF THE STOCKS,NVIDIA CONTINUES TO OUTPERFORM,AND WE HIT IT ON EARLIER AND TOBE BIG BULLISH BANK NOTE. AND LOOK, OVERALL, A 6.6DIVIDEND STALL, WE WILL TAKE,BECAUSE IT IS ALMOST DOUBLE THANWHAT YOU CAN COLLECT OFF OF THE10-YEAR. THE 10-YEAR IS AT 7.7, AND SOYOU ARE AT 7.4 AND THAT IS ALITTLE BIT MORE RUN, BUT STILLSOLID. WE WILL TALK ABOUT THAT WITHTRIMMING QUALCOMM LOOKING TO BUYCATERPILLAR, AND POTENTIALLYSOME NEW NAMES, AND WORKING ONTHAT IN THE BULLPEN, AND THAT ISIT FOR THE "HOMESTRETCH" TODAY.

☆ 4 reasons why Amazon's advertising business is still surging while Meta, Google, and Snap are all wrestling with declines
▼ + stars: | 2023-02-06 | by ( Ryan Joe | ) www.businessinsider.com time to read: +6 min

Amazon's ad business grew 19% over the past year, while rivals like Meta were managing a decline. Amazon's ad business seems to be the only major ad business that's on the upswing. Part of the reason is that Amazon's ad business is newer than Google's and Meta's so a higher growth rate should be expected. Insider spoke with several ad buyers and industry experts to reveal why Amazon's ad business is growing compared to competitors like Google, Meta, and Snap. Both McKenna and Kern Schireson, CEO of the ad agency Known, believe this is the biggest reason why Amazon's ad business is thriving compared to its competitors.

☆ The Watch List: Underscored’s most anticipated product launches of 2023
▼ + stars: | 2023-02-01 | by ( Cnn Underscored Staff | ) edition.cnn.com time to read: +10 min

CNN Underscored editors regularly highlight new product launches — everything from a new colorway of that viral pan to the next must-have sneaker — through announcement posts, in-depth reviews and comparative testing pieces. Now, for the first time, we’re giving readers a sneak peek at some of the most anticipated products that are set to launch in 2023 with a new feature: The Watch List. The Legendary Classic Canteen will combine an old-school aesthetic with modern design elements like a handy strap and leakproof lid. Meanwhile, the box quilt pattern keeps everything looking casual cool in four colors: natural, white, light gray and charcoal. Cabeau TNE S3: The Neck’s EvolutionCabeauThe Cabeau Evolution S3 is our pick for best travel pillow based on a variety of factors.

☆ Italy's Meloni expected to sign major gas deal as she starts Libya visit
▼ + stars: | 2023-01-28 | by ( ) www.reuters.com time to read: +3 min

[1/3] Italian Prime Minister Giorgia Meloni and the head of Libya's Government of National Unity, Abdulhamid al-Dbeibah attend a joint news conference in Tripoli, Libya. TRIPOLI, Jan 28 (Reuters) - Italian Prime Minister Giorgia Meloni flew to Tripoli on Saturday where she is expected to agree a major gas deal aimed at boosting energy supplies to Europe despite the insecurity and political chaos in the North African country. Meloni is meeting Mohamed al-Menfi, the head of Libya's three-man Presidency Council, and Prime Minister Abdulhamid al-Dbeibah, head of the internationally recognised Government of National Unity (GNU) in Tripoli. Insecurity and lawlessness has made Libya a major, but dangerous, route for migrants seeking to reach Europe, often via the Italian island of Lampedusa. Italian Interior Minister Matteo Piantedosi, who oversees much of the migration issue for Rome, flew to Libya with Meloni.

Power giant Orsted aims to build a huge offshore windfarm to help the country meet renewable goals. Last year the North Sea Transition Authority (NSTA), which regulates offshore energy activity, concluded that large crossovers between such ventures were unfeasible with current technology. This largely unreported clash risks undermining Britain's drive to meet its climate goals, according to the companies involved and a North Sea green transition expert. The BP-Orsted showdown could also presage similar disputes elsewhere in an increasingly crowded North Sea, the experts told Reuters. There is hope on the horizon for wind and CCS projects that share ground, say regulators and industry experts.

☆ Online retailer Boohoo sales drop 11% in Christmas period
▼ + stars: | 2023-01-19 | by ( ) www.reuters.com time to read: +1 min

LONDON, Jan 19 (Reuters) - British online fashion retailer Boohoo (BOOH.L) said revenue fell 11% in its key Christmas trading period, hurt by delivery disruption and tough comparatives, as it broadly stuck to annual guidance. Its forecast for a 12% decline in annual revenue was slightly behind the downgraded guidance for a 10% drop it gave in September. The sales fall during the Christmas period, the four months to the end of December, was partly due to longer delivery times, said Boohoo, and its UK market, where sales were also down 11%, was against a tough comparative period, as last year, COVID-19 meant shoppers favoured online orders. Those retailers noted that store sales benefited from delivery problems in Britain, where postal strikes, made people worry about orders turning up in time. Reporting by Sarah Young; Editing by Kate HoltonOur Standards: The Thomson Reuters Trust Principles.

☆ Apple CEO Tim Cook requests and receives a 40% pay cut after shareholder vote
▼ + stars: | 2023-01-12 | by ( Kif Leswing | ) www.cnbc.com time to read: +3 min

Apple CEO Tim Cook will receive a pay cut in 2023 to $49 million in total compensation, the company said in a filing with the SEC. Cook requested the change, Apple said in the filing, following a shareholder vote on his pay package. Institutional Shareholder Services recommended that Apple shareholders vote against Cook's pay package at last year's annual meeting. The number of actual shares of Apple stock that Cook vests depends on Apple's performance versus the S&P 500. Since Cook took over as CEO in 2011, Apple stock has returned 1,212% versus 290% for the S&P 500, Apple said.

☆ Most armies ignore autistic people. Israel is calling them up.
▼ + stars: | 2023-01-12 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +12 min

He signed up to serve through Ro'im Rachok, a first-of-its-kind program that places autistic people in the military to utilize their valuable skills. Ro'im Rachok, however, allows them to sign up as volunteers. Ro'im Rachok students sit in a circle during a class at Ono Academic College. Israel Defense Forces/ InsiderIt's November, and students of the Ro'im Rachok electronics course are approaching the final month of their training. But because Ro'im Rachok enlistees are volunteers, they can drop out after a year.

☆ ‘The Huxleys’ Review: Darwin’s Bulldog and the Line He Bred
▼ + stars: | 2023-01-09 | by ( Richard Davenport-Hines | ) www.wsj.com time to read: +2 min

Thomas Huxley thought “the smallest fact is a window through which the Infinite may be seen.” His ideas moved from minute particulars to universal propositions. In 1869 he coined the word “agnostic’” to denote a method of thinking that required empirical data rather than biblical revelation to accept the existence of God. The Huxley tenets entailed wrestling with conscience, psychological stresses, spiritual anxiety, and anguish. Her focus is on two eminent scientific thinkers, Thomas (1825-1895) and his grandson Julian Huxley (1887-1975), but she does not provide a conventionally structured family biography following a neat chronological sequence. His descendants became investigators and thinkers who worked with high intensity to clarify some of the boldest, most contentious ideas of the 19th and 20th centuries.

A comparative few credit cards on the market specify that EV charging stations will receive bonus rewards. Popular charging stations include:TeslaChargePointEVgoLet's examine how to get the most return for EV charging expenses. These cards do not officially list EV charging stations in their bonus categories, so your results may vary. Electric vehicle charging station credit cards frequently asked questions (FAQ)Is there an EV charging stations map? The above credit cards offer effective bonuses between 2% and 4.5% back for EV charging stations.

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