DIRS.INFO The most relevant business & tech news

☆ Jeremy Siegel says you should still bet on stocks for the long run as market will overcome inflation
▼ + stars: | 2022-09-30 | by ( Bob Pisani | ) www.cnbc.com time to read: +9 min

It's been eight years since the last edition of "Stocks For the Long Run." I think the key takeaway here is that in the long run stocks do tend to overcome inflation. And secondly, as you point out, not only do stocks tend to overcome inflation in the long run, they completely overcome inflation. Remember that is 4% before inflation, take that and compare it with the long run real return on stocks, which is 6.7% after inflation. You should own your home… But don't forget the real estate market and all the commercial real estate.

☆ These 4 trends are keeping Boomers unemployed and holding the US back from a full recovery
▼ + stars: | 2022-09-28 | by ( Ben Winck | ) www.businessinsider.com time to read: +7 min

Older Americans are struggling to rejoin the workforce, and it's weighing on the economy. That drop in older workers could threaten the already-shaky economic recovery, according to a report published by ZipRecruiter on Wednesday. Yet as the recovery progresses, a handful of obstacles are keeping older Americans out of the workforce. Where that's easily accessible for young workers, older Americans face a steeper learning curve just to compete. Older workers' confidence is dismalThe three aforementioned trends have contributed to a simple truth: older workers are immensely discouraged.

☆ The Fed is dragging the US into a recession to cool surging prices. Most Americans expect inflation to die down on its own.
▼ + stars: | 2022-09-27 | by ( Ben Winck | ) www.businessinsider.com time to read: +5 min

Inflation expectations have been falling since the spring, signaling there's little chance of a 1980s-like price surge. Inflation expectations may seem like simple forecasts, but their effects on the economy can be dramatic. Anchored inflation expectations can put downward pressure on price growth as consumers reject large price hikes and businesses are pushed to compete with each other. Powell on Wednesday pointed to well-anchored inflation expectations as a boon, but noted the trend "is not grounds for complacency." "The longer the current bout of high inflation continues, the greater the chance that expectations of higher inflation will become entrenched," the chair said.

Most-active CBOT corn futures rose 15% in those eight weeks, remaining just under $7 per bushel at their peak. Corn futures settled at $6.76-3/4 per bushel Friday, easing with broader commodities and equities, though they remain at the second highest levels for the date behind 2012. Subpar global crops have supported corn futures, but demand concerns loom. Money managers’ bullish CBOT soybean meal views are easily record high for the date, surging by more than 14,000 contracts through Sept. 20 to 102,168 futures and options contracts. That was associated with a 3.7% jump in futures, and it was funds’ biggest meal buying week since November.

A sign advertising E15, a gasoline with 15 percent of ethanol, is seen at a gas station in Clive, Iowa, United States, May 17, 2015. The government and labor unions reached a deal last Thursday that averted a railway shutdown, possibly supporting a rebound in ethanol output for the current week. But a near-term recovery may be capped by sagging U.S. gasoline demand and poor corn crop prospects. Some analysts have questioned these figures, based on recent traffic trends that might suggest better fuel demand, though high prices have pained consumers for much of this year. A subpar U.S. corn crop could also disrupt the ethanol industry, especially if harvest results are worse than expected.

☆ There’s a ‘very high likelihood’ of a growth recession as the Fed’s inflation fight ramps up, Powell says. It means the end of the Great Resignation and fewer raises at work.
▼ + stars: | 2022-09-21 | by ( Ben Winck | ) www.businessinsider.com time to read: +4 min

There's a 'very high likelihood' the US faces a period of below-trend growth, Fed Chair Jerome Powell said. There's a "very high likelihood" that the US faces a period of below-trend economic growth, Fed Chair Jerome Powell said in a Wednesday press conference. Subpar economic growth will bite into companies' growth forecasts and stock prices. Weakening the labor market is one of the aims of the Fed's tightening in the first place. There's only been "modest evidence" that the labor market is balancing out, the chair said.

☆ Google employees who used to work at Amazon complain to each other just how 'frugal' their former employer was: No second monitors, no MacBooks, and splitting one bagel between two people at office me
▼ + stars: | 2022-09-15 | by ( Britney Nguyen | Eugene Kim | ) www.businessinsider.com time to read: +3 min

Over two dozen former Amazon employees at Google started an internal email thread about Amazon. In one email, an employee who left Amazon in 2020 said his team only got one computer monitor. Amazon employees having to ask for higher quality work devices became an example of the term "frupidity," which is spreading throughout Amazon's offices. To get a second monitor, Amazon employees would hire summer interns who would get a monitor, then take them after the intern left. The email thread is followed by over 2,000 people, and is meant to connect former Amazonians who are now Googlers.

☆ A bunch of Googlers who used to work at Amazon are internally sharing horror stories about their former employer's 'frupid' and aggressive culture
▼ + stars: | 2022-09-14 | by ( Eugene Kim | ) www.businessinsider.com time to read: +7 min

Googlers who used to work at Amazon are sharing how much they hated being at the e-commerce giant. Amazon is a very kill-or-be-killed environment," one of the people on the email thread told Insider. By default, product managers received subpar Windows laptops and weren't eligible for Apple devices, this person wrote. "Pretty frupid to save $200 on something that could increase the productivity of an engineer you were paying six figures to," this person wrote. "I tend to like everything about Amazon culture better than Google except one thing: how the employees are treated ;)," another person wrote.

What are credit card and bank rewards points worth? One great feature of the program is that all points are equal, so any account that earns Membership Rewards points has access to transfer partners. If you're a Bank of America Preferred Rewards customer, you'll earn 25% to 75% more points, depending on how much you have on deposit, but your rewards points are still worth 1 cent apiece. However, those miles expire after 36 months regardless of your account activity, so only transfer miles when you have immediate plans to redeem them. Non-elite members may transfer points to other members with the same address, provided both parties have been members for at least one year.

☆ It's official: Kim Kardashian and Kylie Jenner are smarter than Mark Zuckerberg
▼ + stars: | 2022-07-29 | by ( Linette Lopez | ) www.businessinsider.com time to read: +8 min

"Make Instagram Instagram again," the half sisters advised in posts on the platform, circulating a petition to stop the changes. And Zuckerberg won't be able to say Kim and Kylie didn't warn him. This after Facebook — Meta's former crown jewel — back in February reported a loss of users for the first time. But it all mostly boils down to the fact that Meta doesn't know how to innovate its product anymore. Flying a plane into a virtual mountainNow, none of this is to say that Meta doesn't make money.

☆ How to Shop for an Ergonomic Office Chair
▼ + stars: | 2022-06-05 | by ( ) www.wsj.com time to read: +11 min

Not only does it come in three sizes, but it is also exceptionally adjustable (think seat height, seat tilt, lumbar support and armrests). It’s an especially chic white ergonomic office chair option, but if you’re not loving the leatherette, spring for Italian leather instead (about $200 more). So Via, a Las Vegas-based manufacturer of commercial office furniture, introduced a handful of their made-in-the-U.S. ergonomic chairs to the home market. “It has been the greatest decision,” the designer says of her Herman Miller ergonomic chair. In a perfect world, you’ll find an ergonomic chair with adjustable armrests, but your desk can provide that arm support too.

☆ The $53,000 Kia EV6 is a striking, sporty electric SUV whose biggest flaw is that people won't leave you alone
▼ + stars: | 2022-04-23 | by ( Tim Levin | ) www.businessinsider.com time to read: +11 min

We drove the impressive 2022 Kia EV6, Kia's newest electric SUV. The 2022 Kia EV6 GT-Line. The 2022 Kia EV6 GT-Line. The 2022 Kia EV6 GT-Line. The 2022 Kia EV6 GT-Line.

Capital One is now the official bank and credit card partner of Major League Baseball. Beginning March 29, 2022, you will be able to redeem Capital One rewards for exclusive MLB events. Read Insider's guide to the best rewards credit cards. If you've got a Capital One Savor Cash Rewards Credit Card or a aCapital One SavorOne Cash Rewards Credit Card, you'll earn 8% cash back. You can also now redeem Capital One miles for MLB games and events — though it's at a poor redemption rate of 0.8 cents each.

OneMain Financial generally accepts applicants with at least a poor or fair credit score (the exact credit score minimum is not disclosed but for reference, a poor credit score is between 300 and 579 and a fair credit score is between 580 and 669). That's because the lender lets you apply for a personal loan that can be used for business purposes, something most personal loan lenders prohibit. Standout benefits: Universal Credit offers credit monitoring tools to help you monitor any changes to your credit score. More on our picks for best personal loan lenders that accept 580 credit scores or lowerUpstart Personal LoansUpstart is an AI-driven online lending platform that connects borrowers with lenders. Most personal loan lenders consider good to excellent credit scores, which means a FICO score of at least 670.

Persons: Will, it's, loans.Loan, you've, you'll, It's Organizations: Debt, OneMain, Loan, Universal, Universal Credit, OneMain Financial, Universal Credit Universal Credit, CNBC, CNBC Select's, Facebook, Twitter

☆ 5 ways I'm still using travel credit cards to maximize online grocery shopping — from bonus points to stacking discounts, the rewards are too good to pass up
▼ + stars: | 2022-03-17 | by ( Carly Helfand | Jasmin Baron | Read More | ) www.businessinsider.com time to read: +12 min

Our experts answer readers' credit card questions and write unbiased product reviews (here's how we assess credit cards). Skipping the store and ordering groceries online is still an excellent way to earn bonus credit card rewards. The array of bonus points and savings offers available to those with travel credit cards. Note that credit card lenders may use many different variations of credit score models when considering your application. Amazon Shop with PointsAnother perk of buying groceries online is the ability not just to earn bonus points, but to use those points to cover your orders, too.

Persons: haven't, Chase, Oscar Wong, I'm, We're, Read, Amex, Hilton, they've, Delta, Instacart, cardholders, you'll Organizations: Service, Business, Hilton, Amazon, Chase Sapphire, Target, Walmart, Chase, Sapphire, FDIC, American, Hyatt, Hilton Honors, American Express, Foods, Instacart Express, Citi, Capital Locations: Wall, Silicon, Amex

Search resuls for: "subpar"

15 mentions found