DIRS.INFO The most relevant business & tech news

Most Americans who moved to Texas came from California and Florida, followed by New York and Illinois. AdvertisementMichelle Clifford and her family moved from California to Texas. Where people from Texas move toThere are also plenty of people who leave Texas in search of greener pastures. Between 2022 and 2023, about 38,700 people moved from Texas to California, a slight decrease from the 42,300 who did so the previous year. Courtesy of Ty JoergerTexan native Ty Joerger, 25, and about a dozen of his friends moved from Texas to the Pacific Northwest over the past two years.

Persons: —, Arielle Francois, Madison Hoff, Arielle Francois California, Francois, Michelle Clifford, Michelle Clifford Take, Clifford, It's, Bella Hadid, VALERY HACHE, Adan Banuelos, Emma Stone, Joe Rogan, Batts, Batts Flora Batts, Michael Dell, Austin, Ty Joerger, Ty, Joerger Organizations: Lone Star State, Service, Business, American Community Survey, Texas, Getty, Austin, Texans, Tech, Dell, Seattle Mariners Locations: Texas, California, Florida, New York, Illinois, Miami, Dallas, PMG, South Florida, Miami ., Arielle, Florida for Texas . Texas, Oklahoma, Louisiana , Colorado , Illinois, Washington, Michelle Clifford Take California, Celina , Texas, Celina, Cannes, AFP, Fort Worth , Texas, New York City, Hollywood, Los Angeles, Colorado, Georgia, Louisiana, Pennsylvania, Batts Flora, Austin, Erie, Cleveland, Seattle, Pacific Northwest

☆ Our bend-don't-break economy is reaching its limit
▼ + stars: | 2024-08-05 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In today's big story, interest-rate cuts are almost certainly coming, but the relief won't be felt immediately . The big storyCrash landingKevin Dietsch/Getty, Tyler Le/BIOur bend-don't-break economy might finally have reached its limit. After a year of resiliency in the face of high interest rates, the cracks are showing in the US economy. But it's not a silver bullet, and the rate cut's effect will take time to make its way through the economy.

Persons: —, Kevin Dietsch, Tyler Le, it's, Chelsea Jia Feng, Claudia Sahm, Madison Hoff, McDonald's, Jared Siskin, Bobby, Jordan Grumet, Justin Best, Brian Stauffer, Michal Kosinski, Rob Price, sompong, Seng kui Lim, Getty, Joe Biden's, Elon, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Service, Business, Relief, Getty, Fed, Amazon, Big Tech, Madison, Park Conservancy, Citadel, FIRE, Union Square Advisors, Nvidia, America Locations: resiliency, Central, Switzerland, Canada, Park, Paris, New York, London

☆ We're on track for a soft economic landing, but it still feels like the economy stinks
▼ + stars: | 2024-06-06 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

In today's big story, we're looking at why the US economy is on track (again) for a soft economic landing . The big storyAnother economic turnaroundGetty Images; Chelsea Jia Feng/BIIt took longer than expected, but the US economy is finally on track for a soft landing. After a scary few months of economic data that had investors fearing a recession and stagflation, the tides have turned again. AdvertisementRecent data showing inflation and the labor market cooling have given hope that a soft landing is in the cards — and may even be underway — for the US economy, writes Business Insider's Madison Hoff. AdvertisementThe US economy is about to make a soft landing — a situation in which inflation cools without causing a recession or sudden spike in unemployment.

Persons: —, Chelsea Jia Feng, Insider's Madison Hoff, Arantza Pena Popo, bummed, it's, aren't, Johannes Eisele, Monica Schipper, Nordin Catic, Tyler Le Tim Cook, Cook, Jack Dorsey, Dorsey, Abanti Chowdhury, Sam Altman's, Dan DeFrancesco, Jordan Parker Erb, Jack Sommers, George Glover, Annie Smith Organizations: Service, shoplifters, Business, Fed, Johannes, Getty, OpenAI, Apple, BI, Street Journal, Comcast, New York Stock Exchange Locations: AFP, New York, London

☆ Interest-rate cuts could be coming this fall, adding another wrinkle to an election set to focus on the economy
▼ + stars: | 2024-05-16 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

In today's big story, inflation is cooling just in time for a US presidential election that will likely focus heavily on the economy . This story is available exclusively to Business Insider subscribers. The big storyThe economy and the electionAnna Moneymaker/Getty, Anna Moneymaker/Getty, Tyler Le/BISometimes, the biggest surprise is when there isn't one at all. AdvertisementOn Wednesday, Biden and Trump agreed to face off in two debates, the first coming in June . Now he has 18 direct reports, according to an internal org chart seen by Business Insider.

Persons: —, Anna Moneymaker, Tyler Le, haven't, Insider's Madison Hoff, they're, Jennifer Sor, Ed Yardeni, Jerome Powell hasn't, Powell, Donald Trump, Joe Biden, Trump, Biden, Trump's, Alyssa Powell, Keith Gill's, Jim Simons, Shaw, Goldman Sachs, David Kostin, Sameer Samat, Sundar Pichai, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, Business, Biden, White, Democratic, Renaissance Technologies, Sigma, Bloomberg, Android, Google, Microsoft, Apple, Walmart Locations: New York, London

☆ We have more insights as to where the economy is headed — and it's not good
▼ + stars: | 2024-04-26 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In today's big story, we're looking at how the latest GDP data has shifted the expectations of where the economy is headed. Now, the economy will need some type of event (see: bubble popping) for rate cuts to become an option anytime soon, Miskin said. Energy price shocks could bring the world economy to a "vulnerable moment," chief economist Indermit Gill warned.

Persons: —, TikTok, they're, you'd, Jia Feng, It'll, Insider's Madison Hoff, It's, Jerome Powell, Anna Moneymaker, BI's Filip De Mott, Jamie Dimon, Matt Miskin, Miskin, Mark Zuckerberg, C, Cox, Jenny Chang, Rodriguez, Goldman Sachs, Guess what's, Indermit Gill, Alphabet's, Redmond, Tyler Le, Doug McMillon, execs, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Business, Service, Reserve, stagflation, JPMorgan, Wall Street, John Hancock Investment Management, Galatioto Sports Partners, Bank, Google, Big Tech, Microsoft, Health, Linkedin, YouTube, ExxonMobil Locations: Chevron, New York, London

☆ Blue-collar workers could save the US from recession as the tech industry withers
▼ + stars: | 2023-05-14 | by ( Juliana Kaplan | Andy Kiersz | ) www.businessinsider.com time to read: +8 min

After a pandemic-era tech jobs boom — and now bust — more and more Americans are returning to blue-collar work for better pay and more security. As AI stands poised to potentially remake white-collar work, blue-collar work may emerge even more resilient. The Biden administration has been devoted to turning that around, pouring billions into projects devoted to bringing manufacturing jobs back stateside. And another key to the puzzle is treating blue-collar work with respect, like any other work — including high-paying tech jobs. Are you thinking of taking the plunge into blue-collar work, or have you already?

☆ More students are learning to be mechanics, chefs, and construction workers as college enrollment shrinks
▼ + stars: | 2023-04-20 | by ( Grace Mayer | ) www.businessinsider.com time to read: +3 min

Construction, culinary, and mechanic trade programs all saw enrollment increase last year. Across construction, culinary, and mechanic trade programs, all experienced increases in enrollment between spring 2021 to 2022, the study found. Enrollment in culinary programs increased 12.7% and 11.5% in mechanic and repair trade programs over the same time period. Prior to the pandemic, these sectors were experiencing labor shortages in skilled trade workers, particularly in construction, according to data from the Federal Reserve Economic Data. Overall, total college enrollment was down 4.1% from spring 2021 to spring 2022.

☆ Florida's climate exodus
▼ + stars: | 2023-02-26 | by ( Matt Turner | Dave Smith | ) www.businessinsider.com time to read: +4 min

On the agenda today:But first: Economy reporter Madison Hoff explains why "quiet" is the workplace word for 2023. This week's dispatchWhisper it, but "quiet" might just be the workplace word for this year, Insider's Madison Hoff writes. And although it doesn't use the word "quiet," there are related workplace terms floating around like "Bare Minimum Monday" and "Try Less Tuesday." But Arias Agencies is now at the center of an explosive lawsuit that alleges a pattern of unchecked sexual assault and harassment. What to know about Florida's climate exodus.

☆ 'Resenteeism:' When you hate your job enough to do more than 'quiet quit,' but are too anxious about the economy to leave
▼ + stars: | 2023-02-09 | by ( Jason Lalljee | ) www.businessinsider.com time to read: +4 min

"Resenteeism" is aiming to join the worker's lexicon alongside "quiet quitting." It describes being openly apathetic about work, but being reluctant to quit due to anxiety about job security. The job market is still going strong, but Americans are anxious about tech layoffs and a possible recession. Resenteeism involves keeping your job when you don't want to — namely, when you're worried about job security or a lack of other opportunities available. What makes resenteeism different from normal 9-to-5 blues, in theory, is that you're more open with your dissatisfaction at work.

☆ Gig workers choose freedom in their careers — but some worry about how retirement will look
▼ + stars: | 2023-01-14 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

A survey of 2,000 freelancers revealed more than half of respondents felt pressured to save a certain amount for retirement. The average freelancer anticipates needing at least $350,000 saved up to retire, Talker reported. One gig worker told Insider financial literacy and investments are key to planning for timely retirement. "When I'm able to decide what I want to do with my time, there are things I can do to help me learn and grow my own business," Hill told Insider. However, Hill said retiring from gig work in a timely manner is something only the financially literate can achieve, adding that odd jobs alone probably aren't enough to successfully reach that milestone.

☆ Gig workers are choosing freedom over being chained to a desk — but that still leaves question marks around retirement
▼ + stars: | 2022-12-22 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

☆ Gen Z's 6-figure side hustles should scare companies more than quiet quitting, says Gary Vaynerchuk: 'There's so many goddamn options for these kids to make money on the internet'
▼ + stars: | 2022-09-28 | by ( Jason Lalljee | ) www.businessinsider.com time to read: +5 min

Gary Vaynerchuk said on TikTok that companies need to court Gen Z with better pay and career growth potential. He said Gen Z has more avenues than ever to make money on side hustles. That dynamic is more dangerous for companies than the "quiet quitting" trend, Vaynerchuk said. He said as much in a recent TikTok video, when asked about the "quiet quitting" trend. "We shit on Gen Z for being entitled and lazy, and what they're being is thoughtfully understanding of their options."

Search resuls for: "Insider's Madison Hoff"

12 mentions found