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☆ Whoopi Goldberg says she thinks Sardinia is a 'Blue Zone' because people don't have 'a lot of BS' to deal with
▼ + stars: | 2024-11-08 | by ( Erin Liam | ) www.businessinsider.com time to read: +4 min

Whoopi Goldberg, 68, has a vacation home in Sardinia, Italy, the first designated "Blue Zone." Sardinia, an Italian island in the Mediterranean Sea, was the first designated "Blue Zone." Related storiesLiving in a "Blue Zone"Dan Buettner made the term "Blue Zones" a household phrase in a cover story for National Geographic. In addition to Sardinia, the five original "Blue Zones" are in parts of California, Japan, Greece, and Costa Rica. Although the premise of living in a "Blue Zone" sounds promising, critics have questioned its legitimacy.

Persons: Whoopi Goldberg, Goldberg, —, Whoopi, Jimmy Fallon, cohost, We're, there's, Dan Buettner, Buettner, Nir Barzilai Organizations: Service, CBS, Business Insider, Geographic, Netflix, NBC, BI, Institute for Aging Research, Albert Einstein College of Medicine, New York Times Locations: Sardinia, Italy, Italian, California, Japan, Greece, Costa Rica, Singapore

☆ A key US consumer indicator has dipped to 'crisis levels,' SocGen says
▼ + stars: | 2024-09-25 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

The savings rate slumped below 3% prior to the 2008 financial crisis, SocGen strategist Albert Edwards said in a note to clients on Wednesday. AdvertisementThe low savings rate attests to strong consumer spending, which has propped up the economy so far. That sounds like it should be good news, but the issue is that the savings rate is likely to rise again after plummeting to such low levels. Related storiesThat was what happened leading up to the Great Financial Crisis, when an uptick in the savings rate preceded the recession, Edwards noted. And while households aren't nearly as indebted as they were during the financial crisis, Americans are still showing signs of financial strain.

Persons: —, Société, Albert Edwards, Edwards, " Edwards Organizations: Service, Commerce Department, Business, Primerica, San Francisco, McKinsey & Company, US, New York Fed

☆ Einstein's 1939 letter, warning of atomic weapons, just sold at auction for $3.9 million
▼ + stars: | 2024-09-11 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +4 min

Now, a copy of that letter, also signed by Einstein, has sold at a Christie's auction for $3.9 million. Though Einstein didn't write the letter, his worldwide esteem meant his signature added significance and credibility to the letter. Einstein's influence on the Manhattan ProjectEinstein's letter to Roosevelt sold for nearly $3.9 million at auction. Related storiesFor Szilard and Einstein, the possibility of the Germans creating a nuclear weapon was reason enough to write President Roosevelt. AdvertisementOnce Germany surrendered, however, Szilard and Einstein no longer felt the use of nuclear weapons was justified.

Persons: —, Albert Einstein, Franklin Roosevelt, Einstein, Roosevelt, Franklin, Peter Klarnet, Christie's, Einstein didn't, Paul Allen, Allen, Malcolm Forbes, Leo Szilard's, Szilard, Adolf Hitler's, Bertrand Russell, Russell Organizations: Service, Business, Manhattan Project, Microsoft, Guardian, Manhattan, US Army Intelligence, Einstein Locations: New York, Christie's, Germany, Hungarian, Europe, Hiroshima, Nagasaki, Japan

☆ Combat brain fatigue with these tips from experts
▼ + stars: | 2024-08-05 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +9 min

“Even though people enjoy the rewards associated with mental tasks, these same people also do not enjoy the mental effort that’s involved. Your brain has no nerve endings, so a pain in the brain is not like having a pain in the neck. But the mental effort it takes to think hard can be so upsetting that some people will choose physical pain instead. However, 28% of the participants still chose physical pain over mental strain, even when the pain was most intense. “Concentrating also means it’s impossible to do other things because the brain really can’t multitask.

Persons: ”, Erik Bijleveld, ” Bijleveld, that’s, “, Vadym, Bijleveld, Michel Notre, doesn’t, It’s, it’s, Kira Schabram, ” Schabram, don’t, Amy Arnsten, Albert E, Kent, Arnsten, Schabram Organizations: CNN, Behavioural Science, Radboud University, Psychological, Amateur, Michel Notre Dame, Research, Foster School of Business, University of Washington, Yale School of Medicine Locations: Nijmegen , Netherlands, Paris

☆ Katie Ledecky: The rise of an Olympic great
▼ + stars: | 2024-07-27 | by ( Aimee Lewis | ) edition.cnn.com time to read: +22 min

The teenager who achieved the unthinkableIn the dining hall of London’s Olympic Village, a few hours before her first Olympic final, Ledecky is eating lunch on her own. Katie Ledecky poses on the podium after winning gold in the women's 800m freestyle final at the London 2012 Olympics. Katie Ledecky and her mother Mary Gen Ledecky during the 2023 Golden Goggle Awards on November 19, 2023 in Los Angeles, California. Katie Ledecky swimming to gold in a new world record of 15.25:48 in the women's 1500m freestyle final on August 4, 2015 in Kazan, Russia. Katie Ledecky celebates after she broke the world record to win the women's 800m freestyle final at the Rio 2016 Olympic Games.

Persons: Michael Ledecky, Katie, hasn’t, ”, –, Katie Ledecky, ” Michael Ledecky, Sarah Stier, ” Russell Mark, George, “, that’s, Prince William, Catherine, Rebecca Adlington, Lotte Friis, Little, ” Prince William, Adam Pretty, Adlington, Ledecky, Becky, Michael, musing, Fabrice Coffrini, ’ ”, hadn’t, Al Bello, athletically, Michael Phelps, ” Bruce Gemmell, didn’t, Gemmell, Bruce Gemmell, Joe Scarnici, she’s, Michael Jordan, ” ‘, Mark, ” Gemmell, “ It’s, Mary Gen Ledecky, Kevork Djansezian, David, Mary Gen, Jon, Streeter Lecka, Edward Hagan, Kathleen, Berta, Albert Einstein, Jaromir “ Jerry ” Ledecky, d’état, doesn’t, Yuri Suguiyama, Michael Phelps ’, Andrew Nesty, ominously, ” Ledecky, “ She’s, Rushmore, She’s, Joe Biden, Katie Ledecky celebates, Odd Andersen, Ariarne Titmus, Summer McIntosh, wasn’t, It’s Organizations: CNN, Ivy League, CNN Sport, Antonio, London Aquatics Centre, Briton, Games, Getty, London Games, Olympic, London, Phillips, New York Islanders, Harvard, Stanford, Silver Star, Polytechnic Institute of Brooklyn, Rutgers, Tokyo Olympics, Rio Games, Rio Locations: San Antonio , Texas, Bethesda , Maryland, USA, AFP, Irvine , California, American, Maryland, Los Angeles , California, Harvard, Tokyo, Kazan, Russia, Woolaston , North Dakota, America, Czechoslovakia, New York, eureka, Gainesville , Florida, Paris, Indianapolis

☆ The stock market is flashing warning signs as tech shares are a 'valuation timebomb,' SocGen says
▼ + stars: | 2024-07-18 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +4 min

The SocGen strategist has been warning of a recession and coming stock crash for months. The tech sector is showing a number of signs that valuations are an overstretched "timebomb," he said. AdvertisementThe stock market is flashing warning signs that the tech stock frenzy is about to end, according to one of Wall Street's most bearish analysts. "As time marches on, there are few of us left who were in the industry during the 2000 Nasdaq crash let alone the 1987 crash. Analysts are expecting tech stocks to post forward earnings growth of around 30% year-over-year, Edwards noted, though tech stocks have actually been posting around 20% yearly earnings growth.

Persons: Albert Edwards, —, He's, Edwards, Russell, Morgan Organizations: Service, Societe Generale, Nasdaq, Tech

☆ $1 billion donation makes medical school free for most students at Johns Hopkins University
▼ + stars: | 2024-07-08 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +2 min

New York CNN —Bloomberg Philanthropies is gifting $1 billion to make medical school free for the majority of students at Johns Hopkins University, joining other high-profile donors who have contributed to tuition-free medical schools across the country. Johns Hopkins said Monday that for most medical school students, the gift will cover the full cost of attendance, including tuition and living expenses. In 2018, NYU’s School of Medicine became the first medical school in the country to offer free tuition to accepted students. An October survey from the Association of American Medical Colleges found that 70% of medical students who graduated in 2023 have taken on some level of education debt. Bloomberg previously donated $1.8 billion in 2018 to undergraduate financial aid at Johns Hopkins University.

Persons: New York CNN —, New York CNN — Bloomberg Philanthropies, Michael Bloomberg, Johns Hopkins, It’s, Ruth Gottesman, ” Bloomberg, CNN’s Eva Rothenberg, Sabrina Souza Organizations: New, New York CNN, New York CNN — Bloomberg, Johns Hopkins University, Bloomberg, Albert Einstein College of Medicine, NYU’s School of Medicine, Johns Hopkins, New York City, Association of American Medical Colleges Locations: New York

☆ I'm an Arizona native. I always see first-timers make these 8 mistakes at the Grand Canyon.
▼ + stars: | 2024-06-27 | by ( Kris Ann Valdez | ) www.businessinsider.com time to read: +7 min

But we knew there had to be more to visiting the Grand Canyon. Grand Canyon West features the world-famous Skywalk, a glass walkway on a canyon's edge. Another way to access the South Rim is via The Grand Canyon Railway, which begins in Williams, Arizona. Visitors forget to enjoy the sweeping views from multiple vantage pointsOnce you're in Grand Canyon Village, board a complimentary shuttle. Even so, we still carry a paper map with us when we go to the Grand Canyon.

Persons: —, we've, it's, KrissAnn Valdez, Moran, Theodore Roosevelt, Albert Einstein, Oprah Winfrey, Anthony Baylor, we'd Organizations: Service, Business, Railway, Myers, Norwegian Villa, National Park Service, Park Service Locations: Arizona, North, Grandview Point, Williams , Arizona, Canyon, Mohave, —, Swiss, Norwegian

☆ 6 types of depression identified in Stanford study
▼ + stars: | 2024-06-20 | by ( Kristen Rogers | ) edition.cnn.com time to read: +11 min

Some 30% to 40% of people with depression do not experience symptom improvement after trying one treatment, according to the study. And about 30% of people diagnosed with depression go on to experience treatment-resistant depression when the disorder doesn’t improve after multiple treatment attempts. Mapping depression in the brainThe authors used data from 801 adult participants who were previously diagnosed with depression or anxiety, and 137 healthy control group participants. The grant supports a five-year project involving 4,500 participants, which is centered on the development of a better diagnosis and treatment tool for depression biotypes. This method isn’t intended to replace or be the primary choice for assessments of individual cases of depression, Williams said.

Persons: biotypes, ”, Leanne Williams, Vincent V.C, Woo, Williams, Anhedonia, Jun Ma, Ma, Beth, George Vitoux, “, Richard Keefe, wasn’t, Keefe, Jonathan Alpert, Dorothy, Marty Silverman, Alpert, ” Keefe, you’re Organizations: Lifeline, CNN, Nature Medicine, Psychiatry, Behavioral Sciences, Stanford University School of Medicine, Stanford Center, Precision Mental Health, Wellness, Medicine, University of Illinois, Duke University Medical Center, Montefiore Medical, Albert Einstein College of Medicine, Psychiatric Association’s Council, Research, National Institute of Mental Health, National Institutes, Health’s, Mental Health Initiative Locations: California, United States, University of Illinois Chicago, North Carolina, New York City, Stanford

☆ Lorenzo Somaschini: Nine-year-old Argentinian motorcycle rider dies after crash at Interlagos
▼ + stars: | 2024-06-19 | by ( George Ramsay | Aleks Klosok | ) edition.cnn.com time to read: +1 min

CNN —A nine-year-old motorcycle rider from Argentina has died after crashing during a practice session at the Interlagos Circuit in São Paulo, Brazil. Lorenzo Somaschini was participating in the first free practice session of the Jr Cup on Friday when he had a fall and was immediately treated by medics at the scene, race organizer SuperBike Brasil said in a statement. “The whole SuperBike Brasil team is saddened by the event and expresses its sincere condolences to all of Lorenzo’s family and friends,” said SuperBike Brasil. Somaschini, known as “Lolo,” rode under the number 99 as a tribute to his idol, Spain’s three-time MotoGP champion Jorge Lorenzo. “My heart breaks because also I was his idol and he wore my number,” Lorenzo wrote on Instagram Stories.

Persons: Lorenzo Somaschini, Albert, ”, Somaschini, Diego Pierluigi, “, Lolo, Pierluigi, Jorge Lorenzo, ” Lorenzo, ‘ Lolo, ’ Organizations: CNN, Interlagos, Brasil, Geral de, Albert Einstein, Reuters Locations: Argentina, São Paulo, Brazil, Geral de Pedreira, Pinheirinho

☆ 3 signs the US economy is nearing a recession have flashed in the last week, SocGen says
▼ + stars: | 2024-06-05 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

Read previewThe US economy is edging precariously close to a recession, and it's flashed a handful of warning signs in just the last week that suggest a downturn is on the horizon, according to Société Générale. New manufacturing orders contracted in May, and overall manufacturing activity contracted for the 18th time over the last 18 months, according to the Institute for Supply Management. Advertisement"Although many may dismiss the importance of the manufacturing sector for the overall economy, it is undeniable that overall GDP ebbs and flows closely with it. SocGen isn't alone in sounding the alarm, and other economists say that high interest rates are finally working their way through the economy and depressing growth. New York Fed economists see a 52% chance the economy could slip into recession within the next 12 months.

Persons: —, it's, Société, Albert Edwards, " Edwards, Edwards, That's, SocGen isn't Organizations: Service, Business, Fed, Institute for Supply Management, New York Fed

☆ Letter from Franz Kafka complaining of writer’s block up for auction
▼ + stars: | 2024-06-03 | by ( Amarachi Orie | ) edition.cnn.com time to read: +3 min

London CNN —A letter giving a rare insight into Franz Kafka’s struggle with writer’s block is going up for auction. This means it would have been written while Kafka was undergoing treatment for tuberculosis, with which he was diagnosed three years earlier. Ehrenstein made the request after seeing a newly published work by Kafka – probably the 1919 short story collection “Ein Landarzt” (“A Country Doctor”). We can also all be thankful that Kafka would continue to pick up his pen despite his crippling writer’s block,” he added. At the time the letter was written, Kafka had also begun an intense love affair with Czech journalist and writer Milena Jesenská.

Persons: Franz Kafka’s, Franz Kafka, Kafka, Sotheby's, what’s, ” Kafka, Albert Ehrenstein, “, Sotheby’s, Ehrenstein, Kafka –, Landarzt, Gabriel Heaton, Milena Jesenská, – Organizations: London CNN, Pictorial Press Locations: Prague, Bohemia, Sotheby’s, London, Vienna, Austrian, Czech, ”, Germany, Austria

☆ A 32-year market vet shares 2 charts showing stocks could be entering a major market peak — and warns a coming recession will send the S&P 500 plummeting more than 60%
▼ + stars: | 2024-06-01 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

It's been a near-frictionless seven months for the S&P 500, with the benchmark index up a cool 26% since late October. While earnings were just fine in the first quarter, if they start to decline alongside a slowing economy, stocks will go with them. He sees the S&P 500 declining by more than 50% when all is said and done. The current inversion of 580 days implies a drop of around 65% for the S&P 500. Those fears have since dissipated, and the S&P 500 has rallied 47% since October 2022.

Persons: It's, Jon Wolfenbarger, Merrill Lynch, BullAndBearProfits.com Wolfenbarger, Wolfenbarger, Bullandbearprofits.com Wolfenbarger, Jeremy Grantham, Marko Kolanovic, Albert Edwards Organizations: Service, JPMorgan, Fed, OVOM

☆ Why we need to know what time it is on the moon
▼ + stars: | 2024-06-01 | by ( Ashley Strickland | ) edition.cnn.com time to read: +6 min

CNN —It’s easy to take the moon for granted as a silvery orb in the night sky, providing a soft light on most evenings. The new system of measurement that NASA and its international partners need to agree on will have to account for the fact that seconds tick by faster on the moon. But it will be crucial for astronauts living in lunar habitats and scooting around in moon buggies who need to know exactly what time it is. We are familyA digital reconstruction of a Bronze Age woman's face is on display at Scotland's Perth Museum and Art Gallery. And now, researchers know what creates their unusual fur pattern: a mutation affecting a gene called KIT, which controls hair color.

Persons: CNN —, Albert Einstein’s, Butch Wilmore, Suni Williams, Joe Skipper, Chris Rynn, Julius Caesar, Gaul, Ari Kankainen, NASA’s Lucy, Ashley Strickland, Katie Hunt Organizations: CNN, NASA, Boeing, Veteran NASA, Perth Museum, Art, Culture, Kinross, CNN Space, Science Locations: North America, Europe, Southern Hemisphere, Culture Perth, Scotland, Indre, France, Finnish, Petäjävesi, Italy

☆ NASA isn’t just creating a lunar time zone. It’s establishing an entirely new time scale
▼ + stars: | 2024-05-30 | by ( Jackie Wattles | ) edition.cnn.com time to read: +15 min

They’re also going to be communicating with one another or driving their moon buggies while on the lunar surface. Lunar clockworkWhat scientists know for certain is that they need to get precision timekeeping instruments to the moon. Exactly who pays for lunar clocks, which type of clocks will go, and where they’ll be positioned are all questions that remain up in the air, Gramling said. Focke Strangmann/APThe new time scale would underpin an entire lunar network, which NASA and its allies have dubbed LunaNet. But how future astronauts living and working on the lunar surface will experience time is a different question entirely.

Persons: aren’t, Cheryl Gramling, NASA’s, Gramling, Omer Tarsuslu, They’re, ” Gramling, Albert Einstein, Paco, Sao, Sundials, —, ”, Bruce Betts, Kevin Coggins, you’ve, ” Coggins, “, Bijunath, Patla, ” Patla, Focke Strangmann, It’s, “ It’s, Betts, Artemis III, Arizona State University “ It’ll Organizations: CNN, NASA, NASA’s Goddard Space Flight, Getty, White, Astronauts, Planetary Society, NASA’s Space Communications, Navigation, US National Institute of Standards, Technology, Vehicles, Physical, National, European Space Agency, International Astronomical Union, Reconnaissance, Arizona State University Locations: United States, China, Maryland, Kars, Turkey, Anadolu, German, Sao Miguel, Evora , Portugal, Germany, Malapert Massif

☆ Placebos can improve mental health symptoms, study finds
▼ + stars: | 2024-05-29 | by ( Kristen Rogers | ) edition.cnn.com time to read: +7 min

CNN —When you’re trying to address mental health symptoms, simply the belief that you can be helped may be an important factor. Symptoms of nine mental health disorders substantially improved under placebo treatment, according to a new review of 90 randomized controlled trials — known as a meta-analysis — totaling 9,985 adult participants largely in their 30s and 40s. “This is the most comprehensive study of placebo effects in psychiatry.”The results are also important for patient treatment, Bschor said. But for disorders that didn’t see as much improvement with placebos — such as OCD or schizophrenia, which is a psychotic disorder — medication may be more necessary. Improvement in absence of medicationThat mental health symptoms improved with placebo treatment may be due to a few potential influences, experts said.

Persons: Tom Bschor, Jonathan Alpert, Dorothy, Marty Silverman, Alpert, wasn’t, Bschor, ” Bschor, ”, Richard Keefe, Keefe, Felipe Barreto Schuch, ” Schuch wasn’t, “, ” Alpert, you’ve Organizations: CNN, Psychiatry, University Hospital Dresden, Albert Einstein College of Medicine, Duke University Medical Center, Brazil’s Federal University of Santa Locations: Germany, New York City, North Carolina, Brazil’s Federal University of Santa Maria

☆ A 'cosmic glitch' in the universe is forcing astronomers to rethink Einstein's theory of relativity
▼ + stars: | 2024-05-20 | by ( Ellyn Lapointe | ) www.businessinsider.com time to read: +8 min

Einstein's general theory of relativity states that the curvature of space-time causes gravity. But zoom out to enormous scales like clusters of galaxies spanning billions of light years across, and the laws of Einstein's gravity theory appear to change. A 1% adjustment may not sound like a big deal, but it's enough to suggest that Einstein's theory may need a rethink. Now, with this cosmic glitch, there's a new explanation on the table. NASA/CXC/Univ of Missouri/M.Brodwin et al; NASA/STScI; JPL/CalTechThe fact that this cosmic glitch could potentially help astronomers resolve the Hubble tension is a good sign that it may truly exist.

Persons: —, Albert Einstein's, Robin Wen, Wen, It's, shouldn't, Niayesh Afshordi, there's, Valerio Faraoni, Faraoni, Claire Lamman, DESI Organizations: Service, Business, Waterloo, University of Waterloo, University of British, ESA, Big Bang, NASA, of Missouri, JPL, CalTech, Bishop's University Locations: University of British Columbia

☆ A renowned market bear who called the dot-com bubble warns Wall Street groupthink is wrongly leading investors to abandon recession forecasts — and says a 'policy disaster' is brewing as the Fed keeps
▼ + stars: | 2024-05-18 | by ( William Edwards | ) www.businessinsider.com time to read: +6 min

Various labor market indicators are also showing growing weakness in the economy, he said. Societe GeneraleNational Federation of Independent Business data shows further labor market weakness is likely to come, as small business hiring plans continue to fall. Both stats would suggest a rising unemployment rate going forward. In the meantime, the labor market has consistently proven resilient despite high interest rates, and stocks have enjoyed an eye-popping rally to new highs. Some also argue that labor market data points like the rising unemployment rate have to be shown with context.

Persons: —, Albert Edwards, didn't, Edwards, aren't, we'll, Societe Generale Edwards, Bob Elliott, groupthink Edwards, Alan Greenspan Organizations: Service, Societe Generale, Wall, Business, Societe Generale National Federation of Independent Business, ING, Generale, Unlimited Partners, Bridgewater Associates, of Labor Statistics, Tech

☆ Study proves black holes have a ‘plunging region,’ just as Einstein predicted
▼ + stars: | 2024-05-17 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +6 min

Using telescopes capable of detecting X-rays, a team of astronomers has for the first time observed this area — called the “plunging region” — in a black hole about 10,000 light-years from Earth. The study’s findings could help astronomers better understand the formation and evolution of black holes. One thing that’s missing from the study is an actual image of the black hole, because it is too small and far away. But another team of Oxford researchers is working on something even better than a picture: the first movie of a black hole. “For example, it can be used to measure the rotation rate of the black hole,” said Reynolds, who was not involved in the study.

Persons: CNN — Albert Einstein, “ We’ve, ”, Andrew Mummery, ” It’s, Einstein’s, Mummery, “, We’ve, ” Mummery, Weiss, Christopher Reynolds, Reynolds, Dan Wilkins, Wilkins, ” Wilkins Organizations: CNN, Royal Astronomical Society, Leverhulme, Peierls, University of Oxford, NASA, Space, JPL, Caltech, Oxford, University of Maryland, College, Stanford University in Locations: United Kingdom, Africa, Namibia, Stanford University in California

☆ Warren Buffett said he could make a 50% return on $1 million and predicted higher taxes. Here are 14 Q&A nuggets.
▼ + stars: | 2024-05-09 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +7 min

Read previewWarren Buffett let slip a slew of intriguing facts and anecdotes during Berkshire Hathaway's annual shareholder meeting on Saturday. But the Berkshire CEO also warned of higher taxes, teased a potential Canadian investment, and revealed a $500 million gift of Berkshire stock. Cash hoardBerkshire's mountain of cash and Treasury hit a record $189 billion last quarter, and it's likely to swell to more than $200 billion this quarter, Buffett said. Taxing timesThe government will probably raise taxes in the coming years in a bid to balance its budget, Buffett said. Pocket changeBuffett claimed that if he had only $1 million to invest instead of nearly $200 billion, he could earn a 50% annual return.

Persons: —, Warren Buffett, Buffett, he'd, Costco Buffett, Charlie Munger, Charlie, Talia Lakritz, he's, Todd Combs, Ted Weschler, Greg Abel, Greg, Munger, Abel, haven't, Ruth Gottesman, Sandy Gottesman, Brent N, Clarke, Garry Kasparov, Kasparov, B Organizations: Service, Paramount, Business, Treasury, Costco, Albert Einstein College of Medicine, Getty, Berkshire, Nebraska Furniture Locations: Berkshire, Russian, Omaha, Costco . Berkshire, Wisconsin, Canada, Nebraska

☆ 'We've never seen this many extremes': Strategists warn of dot-com bubble similarities as expensive US stocks struggle — but this 7-part strategy can still outperform
▼ + stars: | 2024-04-13 | by ( James Faris | ) www.businessinsider.com time to read: +7 min

From late October through March, the S&P 500 enjoyed a virtually uninterrupted 27.6% rally based on better-than-expected earnings and economic data. And while it's still well below the dot-com bubble levels, it's still too close for comfort for many investors. Related story"Those higher rates are starting to push back on elevated valuations for stocks right now," Saglimbene said. "They're all much cheaper on an earnings basis than those Magnificent 7 companies," Saglimbene said. "So I think if we avoid a recession this year, the narrative will change to a broadening of companies and sectors that can participate in earnings growth this year."

Persons: aren't, Anthony Saglimbene, Rick Pitcairn, Pitcairn, it's, we've, Raheel Siddiqui, Neuberger Berman, Siddiqui, Jon Wolfenbarger, Albert Edwards, Bill Smead, James Ragan, DA Davidson, Ragan, Saglimbene, Indrani, she's, De, Davidson, Siddiqui's Organizations: Ameriprise, Business, DA, FTSE Russell, Investors Locations: Ameriprise

☆ 7 times a total solar eclipse revolutionized science
▼ + stars: | 2024-04-06 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +8 min

In the middle of the afternoon, day will shift to night, as a total solar eclipse touches 15 states. We know now what causes a total solar eclipse. Here are seven times a total solar eclipse has helped advance human science. Culture Club/Bridgeman via Getty ImagesOn March 14, 189 BCE, a total solar eclipse swept over what is now northern Turkey. Corbis via Getty ImagesGemini 12 astronauts Jim Lovell and Buzz Aldrin were the first humans to see a total eclipse from space.

Persons: —, China's emporer, Edmond Halley, De, Anaxagoras, Hipparchus, Nicaea, Edmond, Halley, Isaac Newton's, Norman Lockyer, Pierre Jules César Janssen, Janssen, Lockyer, James Craig Watson, Vulcan, Albert Einstein, Einstein, Corbis, Jim Lovell, Buzz Aldrin Organizations: Service, Business, Getty, Alexandria . Culture Club, Bridgeman, Science, Society Picture Library, Sun, Mercury, Wallops, Smithsonian Magazine, NASA Locations: Ireland, China, Alexandria, Turkey, Egypt, England, India, French, Guntur, Brazil, Principe, Africa, Virginia, Peru

☆ A renowned market bear who called the dot-com bubble warns the AI and economic recovery narratives fueling stocks are weak as analyst optimism sours — and says the Fed is fueling a bubble as valuation
▼ + stars: | 2024-04-06 | by ( William Edwards | ) www.businessinsider.com time to read: +6 min

About 45% of changes to S&P 500 analysts' earnings estimates are upgrades, as shown in the chart below, down from 50% in early 2023. AdvertisementSociete GeneraleHistorically, analyst optimism has been a good indicator for the economy's direction. Below is the S&P 500's year-over-year percentage change along with the analyst optimism measure. He says the S&P 500 is in a bubble fueled by AI optimism and could fall as much as around 60%. He sees potential downside of 39% for the S&P 500.

Persons: —, Albert Edwards, Edwards, Powell's, Ed Yardeni, Let's, There's, Jeremy Grantham, David Rosenberg, Merrill Lynch Organizations: Service, Societe Generale, Business, Street, Nasdaq, Generale, Conference, Institute for Supply, subsiding, Fed, repo, Bureau of Labor Statistics, Bears, Rosenberg Research, policymaking

☆ The largest map of the cosmos hints that dark energy is changing. It could prove Einstein wrong and upend a pillar of modern physics.
▼ + stars: | 2024-04-05 | by ( Jessica Orwig | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +6 min

New data from the largest 3-D map of our universe suggests we may be wrong about dark energy. One of the driving forces behind that evolution is also one of our age's biggest mysteries in physics: dark energy. Einstein abandoned the idea as his "greatest blunder" in the 1930s, as astrophysicist Ethan Siegal explains, but a constant dark energy would have vindicated him. "If true, it would be the first real clue we have gotten about the nature of dark energy in 25 years," Adam Riess, a Nobel laureate for his co-discovery of dark energy, told Quanta Magazine. "The idea that dark energy is varying is very natural," Paul Steinhardt, a Princeton University cosmologist, told the magazine.

Persons: —, we're, Michael Levi, Levi, DESI, Marenfeld, Claire Lamman, Albert Einstein's, Einstein, Ethan Siegal, Albert Einstein, Ernst Haas, Adam Riess, Paul Steinhardt, Princeton University cosmologist, Riess, Vera C, Travis Lange, Jacqueline Ramseyer Orrell, NASA's Nancy Grace, Arnaud de Mattia, Mattia Organizations: Service, Lawrence Berkeley National Laboratory, American Physical Society, Princeton University, NASA, Rubin, Accelerator, Atomic Energy Commission Locations: Arizona, Princeton , New Jersey

☆ The allure of fasting diets for successful people — and where it falls short
▼ + stars: | 2024-04-03 | by ( Hilary Brueck | ) www.businessinsider.com time to read: +16 min

Intermittent fasting diet plans, meal kits, fitness trackers, and biological age tests can all offer something to busy people who want to feel in control. More than one in 10 Americans (12%) tried intermittent fasting in 2023, according to one food and beverage industry-backed survey. The business of intermittent fasting phone apps is blossoming and is on track for more growth in the next five to 10 years. There are many ways to do intermittent fasting — from skipping breakfast to whole days without foodPeople have been fasting for as long as people have been people. AdvertisementThe case against fasting to lose weight and live longerFirefighters in San Diego tried intermittent fasting out during the pandemic, with good results.

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