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☆ Meta's AI search is weird and uncanny — and I'm not sure who it's for
▼ + stars: | 2024-04-30 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +6 min

AdvertisementFacebook, WhatsApp, and Instagram have integrated Meta AI into the search fields of their mobile apps. The search bar in the Facebook and Instagram apps is one place you probably know very well. You come to the Facebook search bar to type in the name of your local Buy Nothing group, but instead, you see an animated blue circle with "Ask Meta AI anything." The search bar on the Facebook app now has AI prompts. Instagram search suggestions are slightly more Instagram-y.

Persons: Instagram, —, Meta, Pew, ike, .. F, els Organizations: Service, Facebook, Fast Company, rit, up id, Meta Locations: uri

☆ German bed pillows give me nightmares. Next time I go to Berlin, I'm bringing my own.
▼ + stars: | 2024-04-26 | by ( Jessica Furseth | ) www.businessinsider.com time to read: +6 min

Read previewI never paid much mind to the pillow I rest my head on at night until I went to Berlin. A classic German bed pillow is a monstrosity measuring 31 by 31 inches (80 by 80 centimeters if you're local). AdvertisementThe first Google result for "German pillows" is "German pillows are a crime against sleep," an article by travel blogger Ryan Murdock who writes: "I've devoted a considerable amount of time to thinking about those giant square pillows. "There's no one size fits all for pillows," said Vuu, author of "Thrive State: Your Blueprint for Optimal Health, Longevity and Peak Performance." Next time I go to Germany, I'm bringing a pillow from home.

Persons: —, Jessica Furseth, Ryan Murdock, I've, Juliane Hedderich, Kien Vuu, Vuu Organizations: Service, Business, Association of, Feather Industry, Wall Street, Health Sciences, UCLA, Health Locations: Berlin, Germany, Italy

☆ Noem defends book excerpt where she describes killing dog and goat
▼ + stars: | 2024-04-26 | by ( Kit Maher | ) edition.cnn.com time to read: +3 min

Kristi Noem defended actions described in her upcoming book in which she killed a dog and goat on her family farm. According to an excerpt, which was obtained by The Guardian, Noem killed her dog Cricket because the dog was “untrainable,” “dangerous to anyone she came in contact with” and “less than worthless … as a hunting dog.”“I hated that dog,” Noem writes, according to the Guardian. “It was not a pleasant job,” Noem writes, according to The Guardian, “but it had to be done. Noem describes the goat as “nasty and mean” and having a “disgusting, musky, rancid” smell. Amid the speculation over her potential as Trump’s vice president continues, Noem would not say whether she would have certified the 2020 election if she were in the same position as former Vice President Mike Pence.

Persons: Kristi Noem, Noem, ” “, ” Noem, “, preorder, Trump, CNN’s Dana Bash, Mike Pence, Vivek Ramaswamy, ”, Donald J, CNN’s Shania Shelton Organizations: CNN, South Dakota Gov, The Guardian, Cricket, Guardian, Trump, Conservative Political, Conference, South, Republican Locations: New York, South Dakota

☆ Fears about stagflation are mounting in the US. It’s every central banker’s worst nightmare
▼ + stars: | 2024-04-25 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +4 min

And economists are forecasting new inflation data due Friday will paint a similar picture. The GDP report gave another preview of what could come. Slowing economic growth combined with rising inflation is known as stagflation. To be fair, one GDP report isn’t necessarily indicative of a trend. He repeated that message in a Wall Street Journal interview published Thursday before the GDP report was released.

Persons: there’s, JPMorgan Chase, Jamie Dimon, we’ve, ”, —, ” Dimon, Mike Reynolds Organizations: New, New York CNN, Federal Reserve, JPMorgan, Economic, of New Locations: New York, Germany, Israel, of New York

☆ I worried my grandmother wouldn't accept my name change because I'm nonbinary. She showed me a side of her I never knew.
▼ + stars: | 2024-04-25 | by ( Kaden Hirsch | ) www.businessinsider.com time to read: +5 min

As a queer, nonbinary person, I've had to come out to my grandmother several times. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . I was afraid coming out to my grandmother would harm our relationshipGrowing up, I had always gravitated towards my grandmother because I felt she understood me. After realizing I'm nonbinary, I came out to my grandmother a second timeOver the COVID-19 pandemic, I realized I identified as nonbinary. AdvertisementOne day during a visit at her apartment, my grandma told me about her aunt who lived on the Lower East Side.

Persons: I've, —, I'm nonbinary, you'll, wasn't Organizations: Service Locations: Manhattan, Harlem

☆ ‘Baby Reindeer’: What you need to know about the Netflix show people can’t stop talking about
▼ + stars: | 2024-04-24 | by ( Sandra Gonzalez | ) edition.cnn.com time to read: +3 min

Gadd’s retelling of his real-life encounters with a stalker through the fictional Donny Dunn in “Baby Reindeer” is also a story of trauma and healing. (From left) Richard Gadd as Donny and Jessica Gunning as Martha in "Baby Reindeer." Ed Miller/NetflixGunning plays Donny’s stalker Martha, a troubled woman who claims to be a lawyer but is more than anything a career creeper and repeat offender. By the end of the journey, it’s clear that “Baby Reindeer” was made with purpose, something that often escapes projects that earn their popularity on the merit of being about incidents so messy (and sometimes horrifying) that you can’t look a way. “Baby Reindeer” might be is a sign that true crime TV is finally growing up.

Persons: Dateline ” –, bartends, Richard Gadd’s, Donny Dunn, Donny, Gadd, hasn’t, Jessica Gunnning, ”, That’s, Reindeer’s, Richard Gadd, Jessica Gunning, Martha, Ed Miller, Netflix Gunning, ” Nava, Teri, Shalom Brune, Franklin, Tom Goodman, Hill, Danny Kirrane Organizations: CNN, Dateline, Guardian, Netflix, HBO Locations: British

☆ Use these 7 phrases to make new friends at any age, says psychologist and expert in human connection
▼ + stars: | 2024-04-23 | by ( Marisa G. Franco | ) www.cnbc.com time to read: +4 min

Making new friends can feel more daunting when you're past the stages of playgrounds, school sports teams, and dorm rooms. And the average person loses two social ties, including friends, when they get into a romantic relationship. As a psychologist and expert on human connection, I know that the people who are most successful in building and rebuilding their social circles are the ones who don't wait for new friends to come to them. I'd love to stay in touch, if you're open to it. People tend to be particularly open to building a connection when some sort of foundation is already in place.

Persons: I've, Let's, Rebecca G, Adams, you've, _____, reigniting Organizations: Social

☆ The scourge of customer satisfaction surveys
▼ + stars: | 2024-04-22 | by ( Adam Rogers | ) www.businessinsider.com time to read: +12 min

— is devoted to customer surveys. Other metrics followed: the Customer Satisfaction Score, the Customer Effort Score, measurements of the entire Customer Experience. At the peak of the so-called sharing economy, customer surveys were all-powerful. The glut of customer surveys has created an additional problem for marketers. "We ask for customer feedback on these things all the time, but it's hard for a customer to give you immediate feedback, because a customer doesn't know what quality is yet."

Persons: you've, I'm, They're, Brad Anderson, Fred Reichheld, Nick Lee, James Wagner, It's, Christine Moorman, Lee, That's, it's, hasn't, Anderson Organizations: NPS, Warwick Business School, University of Michigan's Institute for Social Research, Companies, Duke University, Institutional, Board, Health Service Locations: United States, Qualtrics, Bain, Warwick

☆ I was put on a PIP at a top tech company. I saw the warning signs but it was still traumatic — here's how I bounced back.
▼ + stars: | 2024-04-22 | by ( Robin Madell | ) www.businessinsider.com time to read: +8 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Two years into my second role, I was placed on a performance improvement plan (PIP). To cope, I leaned more on my side hustle, which fueled me creatively but also impacted my work performance at times. AdvertisementMy PIP experience ultimately left me feeling disheartenedBeing put on a PIP solidified the reality that employees are expendable. The PIP wasn't the sole reason, but it did accelerate my thinking.

Persons: —, I'd, wasn't, didn't, Tapping Organizations: Service, Business, SMART Locations: San Francisco

☆ A Deadly Dog Attack Upends an Elite Westchester Farm
▼ + stars: | 2024-04-19 | by ( Christopher Maag | Daniel E. Slotnik | ) www.nytimes.com time to read: +1 min

On a cool, windy day in February, two big white dogs escaped from a well-known nonprofit farm in Westchester County and ended up on a public footpath deep in a New York State park. They encountered a 10-pound miniature poodle on a leash. The larger dogs attacked, killing the poodle and then severely injuring its owner. Acting on the recommendations of state law, a local judge ordered the dogs to be euthanized. The farm, Stone Barns Center for Food and Agriculture, which is connected to Blue Hill at Stone Barns, a Michelin-starred restaurant in Pocantico Hills, filed an appeal on Thursday to stay the dogs’ euthanization.

Persons: Yong Ging Qian Organizations: Stone Barns, Food, Agriculture, Michelin, Mount Pleasant Justice Court Locations: Westchester County, New York State, Stone, Pocantico Hills, Mount Pleasant

☆ Opinion: Skimpy Olympic uniforms for women are an outrage
▼ + stars: | 2024-04-16 | by ( Opinion Danielle Campoamor | ) edition.cnn.com time to read: +6 min

Nike’s new Olympic outfit designs for the US women and men were revealed last week, and the track and field uniforms have rightly been met with intense criticism. Just look at what Caitlin Clark, Dawn Staley and this year’s women collegiate basketball players did for the NCAA. For the uninitiated, prior to the settlement the women were earning as little as 40% of what the men were paid, despite winning four World Cup championships. A woman, Simone Biles, is the most decorated gymnast of all time, winning an astounding 37 World and Olympic medals… and she’s not done competing. Instead, while male athletes are simply referred to as “athletes,” we are “women athletes” who must shave and trim, wax and pluck our way into the hearts and minds of… men.

Persons: Danielle Campoamor, CNN —, Danielle Campoamor Ashley Batz, Leslie Jones, Katie Moon, ” Katelyn Hutchison, ” Jaleen Roberts, ” Lauren Fleshman, “, Fleshman, Caitlin Clark, Dawn Staley, Simone Biles, —, I’m, ” Organizations: NBC, CNN, Olympics, Paris Games, NPR, Nike, Air, University of Kentucky, NCAA, US Soccer, Team USA, Go Locations: Paris

☆ I've always been a people pleaser. I learned to stop saying 'yes' to everything after a painful body massage.
▼ + stars: | 2024-04-15 | by ( Jennifer Thompson | ) www.businessinsider.com time to read: +7 min

Until the very idea of saying "yes" to one more thing left me feeling emotionally depleted, on edge, and lost. I was tackling it all, saying "yes" to all the things, when on the inside, my body was screaming for me to stop. The irony of it all was that by saying yes to everything, I wasn't helping anyone. How many times in a day do you catch yourself saying "yes" to things you don't even want to? We say "yes" to another date with a guy we're not even into, because we don't want to be mean.

Persons: Jennifer Thompson, —, I'm, We're, Jennifer, Candace, we'll, Jenn, we've, he's Organizations: Service, Urano

☆ I was a consultant at McKinsey. Here's the frustrating way they pushed me out.
▼ + stars: | 2024-04-14 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +6 min

AdvertisementThis is an as-told-to conversation with Ezra Gershanok, a former Business Analyst at McKinsey & Company and the cofounder of sublet startup Ohana. I was hired straight out of college as a Business Analyst, an entry-level consultant role at the firm. Related storiesFor me, the pace of the work started to slow down in the second half of 2021 and into 2022. Several jobs at the firm started to be seen as redundant. So, it's possible to get positive feedback from the clients you're working with and your direct manager, even when the higher-ups are trying to push you out.

Persons: Ezra Gershanok, Gershanok, Zillow, —, McKinsey doesn't, I'd, Ohana, We've, Spencer Rascoff, Surabhi Gupta, they're, Lakshmi Organizations: McKinsey & Company, Post, McKinsey, Service, Apple, Engineering Locations: Seattle, sublease, NYC, Lakshmi Varanasi, lvaranasi@businessinsider.com

☆ I'm a millennial who avoided cruises because I thought they were full of germs and kids. My first experience proved me wrong.
▼ + stars: | 2024-04-13 | by ( Sophie Katzman | ) www.businessinsider.com time to read: +6 min

Read previewThis is an as-told-to essay based on a transcribed conversation with millennial Eliza Green, who took her first cruise vacation on Virgin Voyages. Virgin Voyages sounded particularly appealing. In October 2023, my husband, two other couples, and I embarked on Virgin Voyage's Scarlet Lady Dominican Daze. Cruise food was better than an all-inclusive resortThe food was a pleasant surprise, far better than the buffet options I'd imagined on other cruises. The cabin was a needed respiteBefore traveling on a cruise, I'd heard of windowless cabins and cramped rooms.

Persons: —, Eliza Green, I'd, Scarlet, Bimini Organizations: Service, Voyages, Business, Virgin Locations: Miami, Puerto Plata, Dominican Republic, Bimini, Bahamas, Jamaica

☆ European diplomats in DC scramble to gain access to Trump allies for insights
▼ + stars: | 2024-04-11 | by ( Kylie Atwood | ) edition.cnn.com time to read: +12 min

“We are not that nervous because we know that with Trump it is all about relationships,” said one veteran European diplomat who has been in DC since the Trump administration. “The logic of doing it at Heritage was not lost on us,” said Victoria Coates, a deputy national security advisor to former President Trump who is now a vice president at the think tank. The comments sent European diplomats into over-drive, eager to understand exactly what Trump meant. “If they are worried about how President Trump is going to react to them, they hold it in their hands to do something about it,” Coates said. But European diplomats are not only worried about NATO.

Persons: Donald Trump, jostle, Trump, of National Intelligence John Ratcliffe, Mike Pompeo, Robert O’Brien, Keith Kellogg, Mike Pence’s, Hillary Clinton, they’ve, ”, –, David Cameron, Antony Blinken, Cameron, Jens Stoltenberg, Jim Lo Scalzo, Stoltenberg’s, Victoria Coates, Stoltenberg, ” Coates, nodded, James Carafano, “, it’s, “ He’s, Mike Johnson, Vladimir Putin, Volodymyr Zelensky Organizations: CNN, White, NATO, Ukraine, Trump, of National Intelligence, National, European Union, Republican, Russian Central Bank, EU, British, Heritage Foundation, Heritage, GOP, Putin Locations: Washington, Russia, European, Europe, Ukraine, Brussels, West, Russian, South Florida, Brexit, ”, Washington ,, “

☆ Opinion | Seeking Technological Solutions to the Climate Crisis
▼ + stars: | 2024-04-11 | by ( ) www.nytimes.com time to read: +1 min

“Carbon capture and storage” and “direct air capture” may sound like pleasant, productive endeavors. But the truth is, they are indeed a wasteful distraction, doing more harm than good. Recent analysis from Food & Water Watch indicates that direct air capture is both preposterously expensive and ultimately pointless. Powering a direct air capture operation via traditional methods would create over three times more carbon emissions than it actually captured. Meanwhile, diverting wind and solar energy to run carbon capture facilities would be like using clean water to power a desalination plant — a wasteful loop of stagnation.

Organizations: & Water Watch

☆ I'm a pediatric dietitian. Here are 4 mistakes parents make when starting solids with their babies.
▼ + stars: | 2024-04-11 | by ( Dahlia Rimmon | ) www.businessinsider.com time to read: +4 min

I've put together a list of the most common mistakes parents make when starting solids. Better yet, these mistakes are easily avoidable and can make mealtime more enjoyable for both you and your baby. Related storiesHere are the top four mistakes parents make when starting solids with their baby. Cleaning baby mid-mealWhen you imagine a baby starting solid food, the first thing that likely pops into your mind is one big kitchen mess. Starting solids isn't the time to bring out your pristine white tablecloths or invest in a new rug under the breakfast table.

Persons: —, I've Organizations: Service, Business

☆ Wells Fargo kicks off our bank earnings Friday. Rate cuts and dealmaking will be in focus this season
▼ + stars: | 2024-04-11 | by ( Morgan Chittum | ) www.cnbc.com time to read: +11 min

Club holding Wells Fargo will post quarterly results on Friday, followed by our other financial holding, Morgan Stanley, on Tuesday. In theory, higher borrowing costs mean Wells Fargo can generate more money from those interest-earning assets, but it's not that simple. It's hard to say with the fluid inflation and rate expectations whether Wells Fargo might change its NII outlook when it reports on Friday. Wells Fargo also has a key long-term growth prospect in the potential removal of its $1.9 trillion Fed-imposed asset cap. A woman walks past Wells Fargo bank in New York City, U.S., March 17, 2020.

Persons: Morgan Stanley, We're, Jim Cramer, Wells, Wells Fargo's, Mike Santomassimo, Santomassimo, Jim said, Jim, Wells Fargo, Charlie Scharf, Charlie's, He's, Morgan, there's, Jefferies, Reddit's, James Gorman, Ted Pick, Jim Cramer's Organizations: Club, Silicon Valley Bank, UBS, Investment, JPMorgan, Jefferies, Discover, Wall Street, Amer Sports, Astera Labs, Reddit's, New York Stock Exchange, Street Journal, CNBC Locations: Wells, Silicon, Wells Fargo, Capital, Wilson, Morgan, New York City, U.S

☆ A complete timeline of Sam and Aaron Taylor-Johnson's relationship
▼ + stars: | 2024-04-10 | by ( Olivia Singh | ) www.businessinsider.com time to read: +32 min

Actor Aaron Taylor-Johnson and director Sam Taylor-Johnson have been married since 2012. AdvertisementActor Aaron Taylor-Johnson, 33, and director Sam Taylor-Johnson, 57, have been together for more than a decade. 2009: Aaron proposes to Sam after wrapping the filmSam Taylor-Johnson and Aaron Taylor-Johnson in September 2009. February 2017: Aaron says that the public's fixation on their relationship is 'intrusive'Sam Taylor-Johnson and Aaron Taylor-Johnson in April 2014. March 2021: It's reported that Sam and Aaron will team up for another film togetherSam Taylor-Johnson and Aaron Taylor-Johnson in February 2019.

Persons: Aaron Taylor, Johnson, Sam Taylor, Aaron, Sam, —, Here's, John Lennon, Dave M, née Taylor, Wood, Jay Jopling, Anjelica, Jessie Phoenix, Anjelica Jopling, John Lennon's, Julia, Harper's, Sam I'd, –, Mike Marsland, IndieWire, Pascal Le Segretain, I'm, We've, Aaron didn't, Simon Hattenstone, Hattenstone, Jonathan Ross, Sam's, Wylda Rae, Peter Kramer, Wylda, R.E.M, Romy Hero, Sang Tan, Taylor, Johnson Sam Taylor, Stewart Wilson, London's, Jordan Strauss, We're, Charles Sykes, Anna Karenina, Aaron Johnson, Angus, Thongs, Tom Ford's, Eric Charbonneau, Jesus, Romy, Joel Ryan, Aaron gushes, Mr Porter, Benjamin Button, she's, HBD, Zoë Kravitz, Karl Glusman's, aron, ohnson, aron T aylor-, aid., ames, ieces', ike, elationship, aron d anced, ong, rowe, eing, ove ✍ 🏼 f, m., Jo, " Sony, ted the of, tarr, Aaron T aylor, ady, roper, I w, hie Turner, elebr, 0s, I, cott, Adve, , ', hou Organizations: Service, Nowhere, Hollywood Reporter, The Telegraph UK, Sunday Times UK, Telegraph UK, The Telegraph, Guardian, Globe, New York Magazine, Hollywood, Artist &, ust, ici, ntr Locations: Jopling, Liverpool, London, Somerset, England, Phoenix, Paris, ife, gan

☆ 5 desserts for celebrating Eid al-Fitr
▼ + stars: | 2024-04-09 | by ( Jocelyn Solis-Moreira | ) edition.cnn.com time to read: +4 min

Ramadan is coming to an end, which means it’s time to plan to celebrate Eid al-Fitr. A number of desserts make up the table during Eid al-Fitr. Arindam Dey/AFP/Getty ImagesA classic Eid al-Fitr dish is sheer khurma. Helou said these desserts are eaten all year round, but they are ever more present during Ramadan and Eid. iStockphoto/Getty ImagesA popular Eid al-Fitr dish is a sweet milk-based dumpling called rasmalai.

Persons: Ramadan, Eid, Sweets, Anissa Helou, Ma’amoul, ” Helou, Arindam Dey, Helou, Mehmet Akif Parlak, “, ”, it’s, Karolia, James Nielsen, Jocelyn Solis, Moreira Organizations: CNN, Getty, Anadolu Agency, Houston Chronicle Locations: Syria, Jordan, Lebanon, Palestinian, Agartala, India, AFP, Gaziantep, New York

☆ I drove the 2024 Tesla Model 3. It's a big improvement from older versions, but the Model Y is still the better buy.
▼ + stars: | 2024-04-09 | by ( Andrew Lambrecht | ) www.businessinsider.com time to read: +8 min

Andrew Lambrecht, who owns a 2019 Tesla Model 3, test drove the new 2024 Model 3. He says the more spacious Model Y, which is still eligible for a tax credit, is the better buy. Given the Model 3's relatively long lifecycle without any significant updates, the refreshed 2024 Model 3 has been long-awaited. The Model 3's new lookThe nose of the 2024 Tesla Model 3. Andrew LambrechtThe 2024 Tesla Model 3 is a massive improvement over the outgoing one.

Persons: Andrew Lambrecht, —, Tesla Charlotte, you've, Tesla Organizations: Tesla, Service, Audi

☆ Electric Cars Are Boring (Tesla Cybertruck Included) - The New York Times
▼ + stars: | 2024-04-08 | by ( Ezra Dyer | ) www.nytimes.com time to read: +2 min

Over the past few years, as electric vehicle sales increased substantially and car companies announced an onslaught of new battery-powered models, it seemed that electric cars were a near-term inevitability. Hertz is selling off about a third of its electric cars and Audi is slowing its transition to E.V.s. But there’s also a more subtle issue at play, one that won’t be easily resolved: Electric cars are too boring. On the list of things wrong with the world, “electric cars are dull” isn’t in the Top 5. Driving, as we all knew it before the arrival of mass-market electric cars a little more than a decade ago, involved familiar rituals that carved out a place in our collective psyche.

Persons: Tesla, Hertz, there’s, revel Organizations: Ford, Audi, Chrysler Pacifica Locations: upshifts

☆ Jim and Pam Knew How to Survive a Soul-Crushing Office
▼ + stars: | 2024-04-08 | by ( Alexandra Molotkow | ) www.businessinsider.com time to read: +20 min

Office crushes, in all their mercurial glory and pain, continue to shape our working lives in deeply meaningful ways. But through all these changing norms, workplace crushes remain remarkably common. Jim, after all, doesn't even ask Pam on a date until the season-three finale of "The Office." That most workplace crushes never lead to consummated relationships doesn't make them any less powerful. An admitted serial crusher, she still gets work crushes — last year she counted "a solid eight."

Persons: Derek, Brendan, Michael Rosenfeld, Manny, Sean Horan, we're, she'd, Karis, Stefan, Darcy, —, Helen Fisher, Lakshmi Rengarajan, Rengarajan, smolder, Jim, Pam, I've, it's, I'd, Slack, Mikel Jaso, didn't, couldn't, weirdly, they'd, Johnny C, Taylor Jr, MeToo, Ayear, Tiana Reid, texted Derek, Alexandra Molotkow Organizations: Society for Human Resource Management, Stanford, Fairfield University, Match.com, BI Karis, Society for Human, York University Locations: New York City, Singapore, Brendan's, New York, Chicago, Toronto

☆ Jasmin Paris: ‘Being a woman was never a barrier,’ says ultrarunner after historic Barkley Marathons finish
▼ + stars: | 2024-04-06 | by ( George Ramsay | ) edition.cnn.com time to read: +11 min

The Barkley Marathons consists of five loops, 20 miles each, along unmarked trails in rural Tennessee, with about 67,000 feet of elevation. David Allan/CNN If accepted into the race, runners get a "letter of condolence." David Allan/CNN Barkley runners jump into a creek and wade through a tunnel that goes under Brushy Mountain State Penitentiary. Instead, it was weeks of training that laid the foundation for Paris’ Barkley success. We know that travel is a huge component of the carbon footprint of running and racing.”Regardless of whether she returns, the Barkley Marathons is an event that Paris will always hold dear.

Persons: CNN — Jasmin Paris, –, Gary Cantrell, “ I’ve, “ I’m, I’ve, Jacob Zocherman Paris, Barkley, ”, It’s, “, ultrarunners, Cantrell, Cantrell –, David Allan, They're, Laz, CNN Barkley, James Earl Ray, Martin Luther King Jr, Harvey Lewis, Paris ’ Barkley, “ It’s, ” – Organizations: CNN, Barkley, ”, CNN Sport, Walmart, BBC, Everest, Paris, Scotland – Locations: ” Paris, British, Everest, Paris, Tennessee, Brushy Mountain, Scotland, Austria, “

☆ The Market May Have Finally Hit a Real Record, But It Could Be a Problem
▼ + stars: | 2024-04-05 | by ( Jeff Sommer | ) www.nytimes.com time to read: +1 min

It’s been a splendid run for the market — so emphatically great that in just the first three months of the year, the S&P 500 climbed to record highs on 22 separate days. But what most reports and commentary haven’t pointed out is that because inflation has also climbed sharply over the last few years, the value of stock prices has eroded, along with nearly everything else in the economy. When you factor in inflation, the stock market did not actually reach new heights. That’s finally changing, with the market’s gains outpacing the ravages of inflation sufficiently to push real stock valuations close to a new peak, according to calculations by Robert J. Shiller, the Yale professor and Nobel laureate in economics. In a phone conversation, he said, “On a monthly, inflation-adjusted basis, it does appear that the S&P 500 now is right around a record high.”

Persons: It’s, Robert J, Shiller, “, ” Organizations: Yale

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