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☆ Opinion | The Great Debt Ceiling Drama’s Finale
▼ + stars: | 2023-06-02 | by ( ) www.nytimes.com time to read: +1 min

Of course I’m talking about the debt ceiling performance. Any 10th grader, if given the Constitution to read, would have deduced that the clause about the federal debt not ever being questioned — meaning that all our debts will be honored — says exactly what it says. Mike CaggianoSan Mateo, Calif.To the Editor:The passage of the debt limit bill demonstrates that Republicans and Democrats in Congress, working together, can pass useful legislation. Congress need not be taken hostage and paralyzed by a very small minority of radicals, either on the right or the left. There are more than enough moderate and reasonable representatives from both sides of the aisle to do the work of the people.

Persons: Biden, Anne, Marie Hislop Chicago, —, Mike Caggiano San Organizations: Democrats Locations: Mike Caggiano San Mateo, Calif

☆ Top Democrats say Biden should make this year’s ‘craziness’ the last debt limit fight ever
▼ + stars: | 2023-06-01 | by ( Edward-Isaac Dovere | ) edition.cnn.com time to read: +7 min

Given the current math in the chamber, every senator in the Democratic Caucus would need to support such a change. The president’s focus, Kikukawa said, remains preventing default, and “other options are a question for another day.”Originally Boyle backed eliminating the debt limit entirely. She and Jeffries both pointed out that Senate Minority Leader Mitch McConnell had in 2011 supported a backdoor solution to that debt limit fight, which would have given then-President Barack Obama power to raise it on his own just that one time. Several swing district Democrats, though, told CNN that they were wary of supporting a change, calling the debt limit authority an important check on the presidency and on spending, despite their opposition to how it was used this time. This has been such a torturous experience for my Democratic colleagues that I hope they will not forget,” Boyle said.

Persons: Joe Biden, Chuck Schumer, couldn’t, West Virginia Sen, Joe Manchin, Arizona Sen, Kyrsten Sinema, Massachusetts Sen, Elizabeth Warren, Brendan Boyle –, Hakeem Jeffries, Pramila Jayapal, Nancy Pelosi, –, Boyle, “, ” Boyle, Biden, wasn’t, Michael Kikukawa, Kikukawa, ”, MAGA, ” Jeffries, he’s, ‘, ’ ” Warren, “ It’s, Warren, ” Warren, Steve Ricchetti, Pelosi, Schumer, Jeffries, Mitch McConnell, Barack Obama, ” Pelosi, ” Jayapal, Hawaii Sen, Brian Schatz, ’ ” Schatz, who’ve Organizations: CNN, Capitol, Democratic Caucus, West, Pennsylvania, White, Treasury Department, Senate, Congressional Progressive Caucus, SNAP, Democratic Locations: West Virginia, Arizona, Massachusetts, United States, Hawaii

While buying a house can set you up for financial success, renting comes with its own benefits, like flexibility. If you can't afford a down payment or monthly payments, you may want to continue renting for now. Homeownership also costs more than just the monthly mortgage payment. This includes your mortgage, property taxes, mortgage insurance, homeowners insurance, and HOA fees, but not costs like utility bills. If monthly mortgage payments would be a financial strain, it could be better to keep renting for now.

☆ Erdogan's election lead leaves Turkey's opposition reeling and an economy on the brink
▼ + stars: | 2023-05-19 | by ( Natasha Turak | ) www.cnbc.com time to read: +9 min

Since neither candidate won more than 50% of the vote, however, the election will go to a runoff on May 28. They also reveal that despite Turkey's current economic turmoil, tens of millions of Turks still see Erdogan as their only viable leader. Supporters of Turkish President Recep Tayyip Erdogan celebrate at the AK Party headquarters garden on May 15, 2023 in Ankara, Turkey. Still, Kilicdaroglu's 44.9% of the vote is notable as the highest any opposition candidate ever received, said Orcun Selcuk, an assistant professor of political science at Luther College in Iowa, on Twitter. "The opposition clearly did not meet the expectations but it would be a misjudgment to say that opposition coordination failed.

☆ Why Disney is stuck in Florida
▼ + stars: | 2023-05-18 | by ( Kimberly Leonard | Erin Snodgrass | ) www.businessinsider.com time to read: +6 min

Disney World sued Ron DeSantis last month to keep control of its self-governing status in Florida. But a top Disney expert said the company is stuck in The Sunshine State. A leading expert on Disney World's history in Florida told Insider that the amusement park is tied to its Florida home, due to its expensive operations and sprawling size. "They're stuck there," Richard Foglesong, the author of the book "Married to the Mouse: Walt Disney World and Orlando," told Insider. Other Republicans are taking DeSantis to task for his dedication to fighting with DisneyRepublican presidential candidate Nikki Haley urged Walt Disney World to consider relocating from Florida to South Carolina.

[1/5] Turkish President Recep Tayyip Erdogan greets supporters at the AK Party headquarters in Ankara, Turkey May 15, 2023. His six-party alliance did not attract as many nationalist voters as expected, partly due to support for Kilicdaroglu's candidacy from a large pro-Kurdish party, the officials said. Both Erdogan and Kilicdaroglu are expected to meet Ogan in person in the coming days. Given their conservative views, Erdogan and Ogan are seen as easier allies, even though the president's alliance includes a small Islamist Kurdish party that Ogan also opposes. "His motto will be: if you vote for Kilicdaroglu he will be a lame duck," said another senior opposition official who acknowledged a tough road ahead.

☆ What If Instead of Trying to Manage Your Time, You Set It Free?
▼ + stars: | 2023-05-15 | by ( David Marchese | ) www.nytimes.com time to read: +11 min

Mamadi Doumbouya for The New York Times Talk What If Instead of Trying to Manage Your Time, You Set It Free? I’m curious to know what you think we do actually owe our jobs, as far as time goes. There’s a distinction between signing up to do a job and signing up to have every second micromanaged. I remember there was a Reddit post of someone who was talking about trying to outsource everything in their life and making it superefficient. He recently interviewed Emma Chamberlain about leaving YouTube, Walter Mosley about a dumber America and Cal Newport about a new way to work.

☆ The Florida Man of Formula 1
▼ + stars: | 2023-05-13 | by ( Michael M. Grynbaum | ) www.nytimes.com time to read: +1 min

‘I just want to get back in the gym.’Before his tough Miami weekend, Mr. Sargeant was asked how he would celebrate a top 10 finish. “That’s all I want to do.”For a wealthy, handsome, globe-trotting athlete, Mr. Sargeant can be soft-spoken and endearingly self-conscious. Mr. Sargeant was 6 when he and his brother Dalton got a kart from their parents for Christmas. “We just picked it up as a hobby, something to do on the weekend.” He began winning junior races around the country — too easily. “I get away from a race weekend, and I just want to get back in the gym,” he said.

☆ Elon Musk is escalating his beef with Mark Zuckerberg, claiming WhatsApp 'cannot be trusted' and saying the Meta CEO seems 'extremely partisan'
▼ + stars: | 2023-05-10 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

Elon Musk slammed Meta CEO Mark Zuckerberg on Monday, saying he seemed "extremely partisan." Elon Musk is amping up his beef with Mark Zuckerberg this week, saying the Meta CEO seems "extremely partisan," and blasting WhatsApp over privacy concerns. And on Tuesday, Musk moved on to criticizing WhatsApp, which is owned by Meta. And when Zuckerberg questioned Musk's negativity toward AI as "irresponsible" in 2017, Musk tweeted that the Meta CEO's "understanding of the subject is limited." Musk and Meta did not immediately respond to Insider's requests for comment sent outside regular business hours.

☆ Coronation Fashion: Queen Camilla, Princess Catherine and Clothes Full of Meaning
▼ + stars: | 2023-05-06 | by ( Vanessa Friedman | ) www.nytimes.com time to read: 1 min

Is there any pageant of state more chockablock with symbolism than a royal coronation? Almost every detail, from the crown itself to the “bracelets of sincerity and wisdom” presented to the new monarch, is redolent of meaning. So it really shouldn’t be a surprise that the clothes of the ceremony’s stars, as well as many of the guests, were equally considered, down to the tiniest detail. Indeed, a scan through the looks on Saturday was, on one level, like a super fancy fashion Easter egg hunt. It started with the coronation gown worn by Queen Camilla: a white silk dress by Bruce Oldfield, a British designer who has been a favorite dressmaker of not only the new queen, but was also often worn by Princess Diana (he made her silver lame dress for the 1985 premiere of the James Bond film “A View to a Kill”) and thus a sort of diplomatic family bridge.

And so whenever I get one of those notifications, I know I’m going to have a good time there. kevin roose[LAUGHS]: I actually don’t think I could’ve told you what IBM stood for. kevin rooseSo I’ve thought a lot and written a lot about how and when AI actually is a threat to jobs. The third category is just the jobs that I think are going to be protected, the jobs that we won’t let AI do. But I don’t actually think the speed of it matters at all.

☆ Morgan Stanley's wealth business just keeps on winning
▼ + stars: | 2023-04-28 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

It's good to be Morgan Stanley these days. Amid a difficult market for Wall Street banks — thanks in large part to non-existent deal flow — Morgan Stanley's massive wealth business has been paying off big time. But Morgan Stanley's success isn't coming in a vacuum. -Meanwhile, UBS, arguably Morgan Stanley's biggest competitor in the space, was begrudgingly saddled with Credit Suisse's carcass. With wealth advisors, a key part of hiring includes offering "bonuses" that are actually loans.

[1/2] FILE PHOTO-French President Emmanuel Macron delivers his speech during the National Conference on Disability at the Elysee Palace in Paris, France, April 26, 2023. "You talk a lot of nonsense everyday," the man told Macron, after the president, barely able to squeeze in an answer, said he should get his numbers right. Such direct confrontations, the president reckons, are essential to give people a cathartic release after weeks of anger directed at the government's pension bill and Macron himself. Before the pension reform protests, the government managed to pass legislation on issues such as nuclear energy and renewables with the help of both left-wing and right-wing lawmakers outside Macron's centrist alliance. That was apparent again this week, when his prime minister Elisabeth Borne was forced to give up on an immigration bill.

☆ Nikki Haley invited Disney World to move to South Carolina and took a shot at DeSantis, but the theme park is stuck in Florida
▼ + stars: | 2023-04-26 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +5 min

Disney World sued DeSantis to keep control of its self-governing status in Florida. Nikki Haley said the theme park should move to South Carolina instead. The dig didn't escape Never Back Down, the super PAC that's supporting a DeSantis presidential run. Magic Kingdom Park at Walt Disney World Resort in April 2022. AaronP/Bauer-Griffin/GC ImagesDisney can't moveDespite Haley's overtures, Disney World is stuck in Florida, Richard Foglesong, the author of the book "Married to the Mouse: Walt Disney World and Orlando," told Insider.

☆ Jeremy Grantham can spot market bubbles. Now he's warning of an 'ominous' bust
▼ + stars: | 2023-04-13 | by ( Julia Horowitz | ) edition.cnn.com time to read: +7 min

“Every one of these great bursts of euphoria, the great bubbles with overpriced markets … has been followed by a recession,” Grantham said. “When the great bubbles break, they do impose a lot of stress on the system,” Grantham said. What’s even more worrying is that this time, bubbles in the stock market and the real estate market are poised to burst simultaneously, Grantham said. The sector, which relies heavily on debt financing, has been hit hard by rising interest rates. Volcker raised interest rates to unprecedented levels to fight inflation in the late 1970s and early 1980s.

☆ The top breakout TikTok stars of each year since 2019 show how the app has evolved over time
▼ + stars: | 2023-03-14 | by ( Amanda Perelli | ) www.businessinsider.com time to read: +3 min

When TikTok first gained popularity, it was known for lip syncing, dancing, and viral challenges. We used data from Famous Birthdays to see the breakout TikTokers each year since 2019. TikTok's first homegrown influencers, like Charli D'Amelio and Addison Rae Easterling, grew in popularity with dancing and lip syncing videos filmed from their childhood bedrooms. It identified Addison Rae Easterling, who now has 88 million TikTok followers, as a breakout creator when she first gained momentum on TikTok, contacting her when she had just 300,000 followers, she told the LA Times. Here were the rising stars on TikTok each year since 2019, according to data from Famous Birthdays:

☆ Seeking nominations for top European and UK digital talent-management firms
▼ + stars: | 2023-03-14 | by ( Marta Biino | ) www.businessinsider.com time to read: +1 min

Insider is looking for the top European and UK digital talent-management firms for our inaugural list. Nominees must be firms that were founded in Europe and the UK and serve those markets. For the first time, Insider is compiling a list of some of the top digital talent-management firms from Europe and the UK, to complement our database of influencer managers and agents. We will highlight firms that were founded in Europe and the UK and whose businesses are heavily involved in those markets. The firms we include must provide their roster and have a focus on digital talent management.

☆ TikTok's rising stars every year since 2019 show how much the app has changed — and stayed the same
▼ + stars: | 2023-03-10 | by ( Amanda Perelli | ) www.businessinsider.com time to read: +2 min

When TikTok first gained popularity, it was known for lip syncing, dancing, and viral challenges. We used data from Famous Birthdays to see the breakout TikTokers each year since 2019. TikTok's first homegrown influencers, like Charli D'Amelio and Addison Rae Easterling, grew in popularity with dancing and lip syncing videos filmed from their childhood bedrooms. From analyzing searches on its platform, Famous Birthdays is able to identify which creators are rising in real time. Here were the rising stars on TikTok each year since 2019, according to data from Famous Birthdays:

☆ Joe Manchin for President?
▼ + stars: | 2023-03-09 | by ( Daniel Henninger | ) www.wsj.com time to read: 1 min

If Joe Biden and Donald Trump weren’t running, the race to the 2024 presidential election would be the wide-open, competitive contest many Americans say they want and, on the available evidence, aren’t going to get. Joe Biden looks to have decided he didn’t spend a half century trenching through politics to become a lame duck two years after replacing his I-get-around Corvette with Air Force One. Even most Democrats don’t want him to run, but Mr. Biden has frozen his party’s field—for now.

☆ This chronically online writer believes he gamed Twitter's For You algorithm. Here's how he made his tweets go viral.
▼ + stars: | 2023-03-05 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +8 min

Ryan Broderick noticed engagement on his tweets sharply dropped in recent months. There were a few things Broderick noticed about tweets on the For You page. Broderick also saw that Twitter's algorithm was prioritizing "already-viral" content, which he suspects might be the reason why everyone was seeing the same tweets. This Insider reporter saw Broderick's tweets about Marvel and his theory about Twitter's algorithm on the For You tab before following or interviewing Broderick. Broderick encourages the idea of other people using his method to try to game Twitter's algorithm and further highlight the problem.

☆ 'It's clear that Mark Zuckerberg idolizes Elon Musk,' Wall Street analyst says
▼ + stars: | 2023-02-22 | by ( Asia Martin | ) www.businessinsider.com time to read: +4 min

Mark Zuckerberg said Meta is adding a verification subscription service to Facebook and Instagram. Meta Verified "sounds awfully like Twitter Blue," Bernstein analyst Mark Schilsky said in a note to clients this week. "I think it's clear that Mark Zuckerberg idolizes Elon Musk." Other analysts on Wall Street more optimistically believe that Meta Verified could add $2 billion per year in revenue, as Insider recently reported. Elon Musk and Mark Zuckerberg have been publicly criticizing each other for years — at least since a SpaceX rocket exploded on the launchpad in 2016, destroying a Facebook satellite.

☆ The 2023 Super Bowl Ads Will Feature Booze, Betting and Jesus
▼ + stars: | 2023-02-10 | by ( Megan Graham | Patrick Coffee | ) www.wsj.com time to read: +10 min

The Super Bowl ads on Sunday are poised to promote an unusual mix of alcohol brands, gambling and Jesus. The Super Bowl still regularly draws an audience of around 100 million people, making it TV’s biggest event of the year and advertising’s biggest night. Planters’ Super Bowl ad features comedians mocking Mr. Peanut. The ads are likely to strike a lighter tone than the occasionally somber messages of Super Bowl ads in recent, highly politicized years or the early pandemic, said Anjali S. Bal, an associate professor of marketing at Babson College. Many Super Bowl advertisers have again released their ads well before Super Bowl Sunday to increase their chances of being seen.

☆ I followed Nancy Pelosi's diet of breakfast ice cream and hot dogs for a week, and I ping-ponged between euphoria and the depths of despair
▼ + stars: | 2023-01-31 | by ( Sophie Kleeman | ) www.businessinsider.com time to read: +22 min

My research found that Pelosi eats ice cream for breakfast, hot dogs for lunch, pasta, and chocolate. Chocolate ice cream for breakfast, rich and creamy pasta, and lots of snacking chocolate. She claims she does not exercise; her daughter once arrived home to find her mother eating chocolate ice cream while using a stationary bike. I save the ice cream for later to avoid a massive sugar crash and start out with a cup of black tea instead. However, I don't want to slack off after the ice cream episode, so I slather it on.

☆ 'Because I said so' isn't enough: Kids find some excuses more understandable than others, new study finds
▼ + stars: | 2023-01-31 | by ( Aditi Shrikant | ) www.cnbc.com time to read: +2 min

Children between ages 3 and 5 can discern which excuses are worthy of forgiveness and which are not. Excuses that involved helping another person were met with more understanding than excuses that seemed selfish. This shows that kids feel like prioritizing others is a more legitimate excuse than prioritizing yourself. "Morality is a type of common ground that we have with others, with mutual expectations about how we should behave and what counts as good grounds for justification," Li told Science Daily. "Usually if someone breaks a promise and gives you a lame reason, it implies they're not really a good friend," Li told Science Daily.

☆ How the market is rating the risk of debt ceiling default and a divided, dysfunctional Congress
▼ + stars: | 2023-01-27 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +13 min

That would be the worst-case outcome, of course, but even the best case will probably see the sort of brinksmanship that occurred in the 2011 debt ceiling crisis." From the Senate, Mitch McConnell recently said it's an issue for Biden and the House GOP to work out. Kevin Brady , the former top Republican on the House Ways and Means Committee, dismissed talk of debt default as "fear mongering." Narrowness of GOP House majority does matterJPMorgan also referred to the path for a political agreement as being "narrow." In 2013, the Federal Reserve ran a simulation of a debt default by the U.S. government.

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