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☆ RV sales are picking up. That’s a good sign for the economy
▼ + stars: | 2024-06-16 | by ( Alicia Wallace | ) edition.cnn.com time to read: +10 min

When consumer sentiment falters or the economy starts to teeter, RV sales follow suit, said Michael Hicks, an economics professor at Ball State University and director of Indiana University’s Center for Business and Economic Research. “People don’t make these large, luxury purchases unless they’re actually feeling better about the economy,” said Hicks, who follows the RV industry closely. “It’s so sensitive to interest rate changes, which often precede a downturn.”A Winnebago travel trailer at Motor Sportsland RV dealership in Salt Lake City on April 6, 2020. Nika Shneyder and her father and business partner, Alex Shneyder, standing by a Chill RV in Malibu RV Park, California, in 2019. They moved down to a historically strong, but noticeably smaller, 493,000 the next year, according to data from the RV Industry Association.

Persons: That’s, Nika Shneyder, “ We’re, ” Shneyder, “, Michael Hicks, ”, Hicks, George Frey, bode, ” Michael J, Happe, hasn’t, We’ve, we’ve, Covid, Alex Shneyder, Nika, they’d, Monika Geraci, David Titus, Ty Wright, there’s, Ball State’s Hicks, ’ Titus, they’re, we’ll, Titus, ” Titus Organizations: CNN, Ball State University, Indiana University’s Center for Business, Economic Research, Bloomberg, Getty, Winnebago Industries, RV Industry, Dealers, RVs, Consumers, HL Enterprise, Manufacturing, of Labor Statistics Locations: Los Angeles, teeter, Salt Lake City, YOLO, Malibu, , California, Elkhart , Indiana, The Northern Indiana, South Bend, Elkhart, “, Elkhart .

☆ CPI report: Inflation slowed in May, hinting at welcome relief for consumers
▼ + stars: | 2024-06-12 | by ( Alicia Wallace | ) edition.cnn.com time to read: +6 min

Falling gas prices kept inflation in check following a 0.3% gain in April. “Adding to the good inflation news, core services inflation (excludes energy services) printed its mildest monthly increase since September 2021,” Kathy Bostjancic, Nationwide’s chief economist, wrote in a note issued Wednesday. On an annual basis, shelter inflation slowed a tenth of a percentage point to 5.4%, which is its lowest rate since April 2022. Still, those costs continue to run hot for consumers, with transportation services prices up 10.5% from a year ago and car insurance up 20.3%. Soft CPI boosts chances for Fed cutsThe CPI, which tracks average change in prices for a basket of goods and services common to consumers, is the most widely cited inflation metric.

Persons: ” Philip T, Powell, They’re, ” Kathy Bostjancic, Indiana University’s Powell, it’s, ” Sean Snaith, ” Preston Caldwell, Tool, “, ” Scott Anderson Organizations: CNN, Inflation, Federal, Bureau of Labor Statistics ’, Indiana Business Research Center, Indiana University Kelley School of Business, Federal Reserve, CPI, Transportation, University of Central, Soft, Fed, Morningstar, BMO Bank Locations: “, Indiana, University of Central Florida

Discontent was simmering on Indiana University’s flagship campus long before the first tent went up in Dunn Meadow, the vast green space beside the student union in Bloomington. Earlier in the academic year, faculty members and graduate students voted no confidence in the university president. The cancellation of a Palestinian artist’s exhibition and the suspension of a pro-Palestinian student organization’s faculty sponsor drew backlash. But it was only in the last week, as a national wave of pro-Palestinian encampments reached Indiana, that a year defined by tension erupted into crisis. “These guys are not able to lead in crisis,” he said of the university’s top leaders.

Persons: —, ”, Ahmad Jeddeeni Organizations: Indiana’s, Professional Student Government Locations: Indiana, Dunn, Bloomington, Israel

☆ Yet another inflation gauge came in hot for February
▼ + stars: | 2024-03-14 | by ( Alicia Wallace | ) edition.cnn.com time to read: +3 min

CNN —Rising energy prices helped to fuel yet another hot inflation reading for February. A closely watched gauge of US wholesale inflation rose at its fastest pace in months, according to new data released Thursday. While a seasonal energy price surge is at the root of the gain, the latest Producer Price Index is yet another reminder of the arduous process to rein in inflation. The hot PPI report comes two days after a similar reading from the Consumer Price Index, a closely watched gauge of inflation at the retail level. Core PPI rose 0.3% for the month, a slowdown from the 0.5% jump in January.

Persons: Price, we’ve, ” Kyle Anderson, ” Organizations: CNN, PPI, of Labor Statistics, Consumer, Federal Reserve, Indiana University’s Kelley School of Business, ”, BLS

☆ Early recruitment for investment-banking internships left students scrambling this year. Here are 15 ways to get ahead of the ultra-competitive process.
▼ + stars: | 2024-02-22 | by ( Emmalyse Brownstein | ) www.businessinsider.com time to read: +22 min

But never had one come this early — one year and eight months ahead of said internship’s start date. While it has always been competitive, the investment banking summer internship process has gotten increasingly premature. As a result, wannabe financiers may want to start getting ready for the process as early as their freshman year. The Internship movieNetwork with upperclassmen firstNetworking is one of the most important aspects of getting a competitive investment banking internship. “A lot of kids don't realize they don't want to do it until they’ve done it for 10 weeks after the internship,” Sibley said.

Persons: Steve Sibley, ” Sibley, Goldman Sachs, Sibley, ”, —, they’re, it’s, you’ll, “, ’ inboxes, You’ll, ‘, ’, Goldman, Don’t, Carlo Allegri, don’t, there's, might’ve, “ I’m, Sturti, you’re, It’s, you'll, would've Organizations: Indiana University’s Kelley School of Business, Business, “, Finance, Bank of America, Citi, BI, Investment, Excel, IB, LinkedIn, Goldman, Getty, Lazard, Reuters, I’m Locations: “, New York City, Manhattan, Chicago, Charlotte, Atlanta, Houston, New York

☆ How high-earning transplants are shaking up dating scenes across the Midwest
▼ + stars: | 2024-02-14 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +9 min

It's introduced a fresh wave of young professionals who are shaking up the dating scene. But a new influx of transplants also creates divides among young professionals and locals. The rise of remote work has resulted in new waves of migration and, in turn, refreshed dating pools around the country. AdvertisementWhen it comes to the future of Midwest dating, “I hope this can change, but I think a lot of people in a lower tax bracket might just move elsewhere,” he said. Gone are the days of app dominance, especially as younger dates forsake online dating for in-person connections.

Persons: —, Peggy Dainty, That’s, ” Dainty, “, ”, St . Louis, Hatch’d, Joshua Sturma, ” Sturma, Louis, Matt R, Matt chalks, There’s “, Courtney Quinlan, She’s, There's, Quinlan, she's, ” Quinlan, It's, They're, Midwesterners, We've, ” Maranda Taylor, Taylor, everybody’s Organizations: Service, Lake Bowl & Theater, Bryant, New York, Bank of America, Indiana University, Dakotas, Twin, Google, Indiana Locations: It's, Minneapolis, there’s, St ., California, Illinois, Indiana , Iowa , Kansas , Michigan, Minnesota , Missouri , Nebraska, North Dakota , Ohio, South Dakota, Wisconsin, New, Hatch’d, ”, Twin Cities, Chicago , Nebraska , Iowa , Kansas, Missouri, Kansas City, Sioux, Omaha , Nebraska, —, America

☆ Student Housing Has a New Mantra: Bigger Is Better
▼ + stars: | 2024-02-13 | by ( Kevin Williams | ) www.nytimes.com time to read: +1 min

When the Standard, an off-campus student housing complex, opened in the fall in Bloomington, Ind., welcoming its first batch of residents, it had a decidedly resort vibe. Along with the requisite pool and fitness centers, it enticed students with two pickleball courts, a dog park and a motion sports simulator. The arms race over amenities in student housing is nothing new, but what is striking about the Standard is its size: 1,000 beds, about twice the size of a typical dorm. In fact, the Standard could house 3 percent of Indiana University’s 34,000-plus undergraduates. Off-campus student housing complexes across the country are getting larger, some home to more than 1,500 students, and they are being built on prime parcels as close to campus as possible, as developers seek to better manage their bottom line.

Persons: ”, Wesley Rogers Organizations: Landmark Properties Locations: Bloomington, Ind, Indiana

☆ Sweet & Sour: Here’s why Valentine’s Day candy is so expensive
▼ + stars: | 2024-02-13 | by ( Parija Bhatnagar | Parija Kavilanz | ) edition.cnn.com time to read: +4 min

For example, she said a Valentine’s Day-themed heart-shaped box of Sour Patch Kids candy (3.45 oz) was listed on Walmart.com for $3.96 ($1.15 oz), while a regular box of the candy (3.5 oz) costs $1.24 ($0.35/oz). Walmart said it was looking into the price differences, but said some of the Valentine’s Day candy items on its website are listed by third-party sellers on Walmart marketplace. A Walmart supercenter in New Jersey visted by CNN also had the heart-shaped Sour Patch Kids candy box for $3.96 on the shelf. Some Sour Patch Kids Valentine's Day editions cost much more than the regular versions of the candy for roughly the same quantity. “Buy the candy after Valentine’s Day when it’s heavily discounted or buy the regular cheaper version of the candy and package it yourself,” he said.

Persons: don’t, Jolly, Veronica Fletcher, Fletcher, Goldbears, ”, Edgar Dworsky, “, John Talbott, ” Talbott, it’s Organizations: New, New York CNN, Walmart, Bears, CNN, New Jersey visted, CVS, Center for Education, Research, Indiana University’s Kelley School of Business Locations: New York, New York City, New Jersey, Massachusetts, Retail

☆ The Ivy League donor backlash is a PR nightmare, and that’s the point
▼ + stars: | 2023-10-19 | by ( Allison Morrow | ) edition.cnn.com time to read: +7 min

Donors understand as well as anyone that pulling their funds won’t inflict significant financial damage on Ivy League institutions, which boast huge endowments, my colleague Nathaniel Meyersohn reports. But he said that financial threats from donors were not the right solution to influencing universities’ positions on these issues. At 5 million subscribers paying $3.99 a month, Snapchat+ is set to earn around $239 million in annual revenue. Still, analysts are intrigued by Snap’s user growth, especially for a company that’s been around for over a decade. “In my view, there’s significant value for a company that’s growing its installed base at this level,” said Angelo Zino, senior equity analyst at CFRA Research.

Persons: CNN Business ’, Nathaniel Meyersohn, Lee Gardner, ” Gardner, “, Indiana University’s, Lawrence Summers, ” Summers, TikTok, Twitter, Snapchat, Clare Duffy, it’s, we’ve, Clare, that’s, ”, Angelo Zino, you’ll Organizations: CNN Business, CNN, Harvard, Ivy League, Higher Education, “ Ivy League, Indiana, Indiana University’s Lilly Family School, Philanthropy, “, US, Netflix, Twitter, Facebook, CFRA Research Locations: Israel, United States, China

☆ Harvard and UPenn donors are furious. It may have a financial domino effect
▼ + stars: | 2023-10-19 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +9 min

Donors often give for specific purposes — facilities, faculty research, technology on campus, athletics, scholarships and financial aid for low-income students. The Wexner Foundation said it’s breaking off ties with Harvard University, alleging the school has been “tiptoeing” over Hamas’ attacks. Lawrence Summers, the former president of Harvard and US Treasury Secretary, has criticized the “morally unconscionable” student statement and Harvard leaders’ response. But he said that financial threats from donors were not the right solution to influencing universities’ positions on these issues. Organizers of the Palestine Writes festival denied that it embraced antisemitism, according to UPenn student newspaper The Daily Pennsylvanian.

Persons: ”, Lee Gardner, Adam Glanzman, Sara Harberson, ” Gardner, “, Indiana University’s, ” Harvard, Harvard “, Leslie Wexner, Abigail, Charles Mostoller, Claudine Gay, Boycott, Lawrence Summers, ” Summers, Jon Huntsman, Marc Rowan, Billionare Ronald Lauder, Susan Abulhawa, ” UPenn, Liz Magill, ” Magill Organizations: New, New York CNN, Harvard University, University of Pennsylvania, Ivy League, Harvard, Higher Education, Philanthropy, Bloomberg, Getty, “ Ivy League, Indiana, Indiana University’s Lilly Family School, “, ”, “ Revenue, Wexner Foundation, Palestinian, College Hall, Israel, Israel Fellows, Wexner, US, CNN, Wall, Daily, University Locations: New York, Israel, UPenn, United States, Philadelphia , Pennsylvania, U.S, “, Palestine, Palestinian

One mom told AP about how she had delayed important care for her child because she believed Kennedy’s vaccine falsehoods. The AP found dozens of individuals included in the book died of known causes not related to vaccines, including suicide, choking while intoxicated, overdose and allergic reaction. Kennedy’s Children’s Health Defense produces articles, newsletters, books, podcasts, even TV shows on its own CHD.TV. And hack into that.”Because of his national profile, Kennedy’s work has ripple effects beyond the most devoted anti-vaccine activists. But people involved in the response who spoke to AP said Kennedy and the anti-vaccine activists he supported made things worse.

Persons: Braden Fahey, Gina, Padrig Fahey, ”, Robert F, Kennedy Jr, John F, Kennedy’s, Kennedy, Braden, ” Gina Fahey, “, Sen, that’s, Joe Biden, Donald Trump, Gina Fahey, “ There’s, “ It’s, CHD, Skyhorse, Edward Dowd, Matthew Martinez, Dowd, Tony Lyons, Lyons, Braden's, Francesco Pierri, Matthew DeVerna, Lydia Greene, Greene, ” Greene, ’, Sharon Goldfarb, ” Goldfarb, you’re, …, Dr, Todd Wolynn, ” Wolynn, Trump, Vivek Ramaswamy, he’d, Ron DeSantis, Floridians, Daniel Jolley, Jolley, ” Jolley, Cheryl Hines, Edwin Tamasese, Taylor Winterstein, Helen Petousis, Harris, Moelagi Leilani Jackson, Richard Pan, Pan, Jr, ” Pan, Anthony Fauci, Kerry Kennedy, –, ” Kerry Kennedy, Terry Chea Organizations: Associated Press, Democratic, AP, Skyhorse Publishing, Children’s Health Defense, ”, BlackRock, Atlantic Health, Morristown Medical Center, Kennedy Super, Children's Health Defense, Skyhorse, Indiana University’s Observatory, Social Media, Twitter, Health Defense, Disease Control, Republican, GOP, COVID, Florida Gov, University of Nottingham, Public, RFK, Facebook, Press Locations: California, U.S, Morristown, COVID, New, Hudson, Canadian, Alberta, Berkeley , California, Pittsburgh, Samoa, New Zealand, Sacramento , California, Sacramento, America

☆ Tupperware: How a plastic bowl with a 'burping seal' gave women a means to an income
▼ + stars: | 2023-04-13 | by ( Parija Kavilanz | ) edition.cnn.com time to read: +10 min

Tupperware stereotyped women as much as it empowered themTupperware parties became popular social and marketing events in the 1950s and 60s. They wanted to present an upscale version of themselves because these were also events where women were recruited into the Tupperware sales force,” he said. Tupperware products were the centerpiece of the event, carefully stacked and presented to be shown off. Wise, a divorced single mother living in Florida, held her own Tupperware parties in the 1940s and 50s and became a budding entrepreneur. Like Blockbuster, the Tupperware brand will never go away,” he said.

☆ How the U.S. Can Use Taxes to Improve Cybersecurity
▼ + stars: | 2023-02-16 | by ( Scott Shackelford | ) www.wsj.com time to read: 1 min

Dr. Shackelford is a professor of business law and ethics at Indiana University’s Kelley School of Business, and executive director of both the Ostrom Workshop and Center for Applied Cybersecurity Research. Benjamin Franklin famously lamented that in this world, nothing is certain except death and taxes. In 2023, we might add a third surety to 21st-century life: cyberattacks.

☆ Is Biden correct that the pandemic is over? Not exactly.
▼ + stars: | 2022-09-24 | by ( Denis Nash | ) www.nbcnews.com time to read: +9 min

During a CBS “60 Minutes” interview that aired on Sunday, President Joe Biden said the SARS CoV-2 pandemic was over. If Biden was referring to the emergency phase of the pandemic being over, his statement is in some ways correct — at least for now. If Biden was referring to the emergency phase of the pandemic being over, his statement is in some ways correct — at least for now. The U.K.’s Office for National Statistics (ONS) has had a model long Covid surveillance system in place since February 2021. Displaying long Covid metrics and related trends on the Covid Data Tracker would be helpful.

☆ Judge blocks Indiana abortion ban week after it took effect
▼ + stars: | 2022-09-22 | by ( The Associated Press | ) www.nbcnews.com time to read: +3 min

INDIANAPOLIS — An Indiana judge on Thursday blocked the state’s abortion ban from being enforced, putting the new law on hold as abortion clinic operators argue that it violates the state constitution. Owen County Judge Kelsey Hanlon issued a preliminary injunction against the ban that took effect one week ago. The ban, which includes limited exceptions, replaced Indiana laws that generally prohibited abortions after the 20th week of pregnancy and tightly restricted them after the 13th week. The Indiana abortion ban includes exceptions allowing abortions in cases of rape and incest, before 10 weeks post-fertilization; to protect the life and physical health of the mother; and if a fetus is diagnosed with a lethal anomaly. The new law also prohibited abortion clinics from providing any abortion care, leaving such services solely to hospitals or outpatient surgical centers owned by hospitals.

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