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☆ Ohio hiker rescued after missing for 14 days in Kentucky’s rugged wilderness
▼ + stars: | 2024-07-27 | by ( Christina Zdanowicz | Brammhi Balarajan | ) edition.cnn.com time to read: +6 min

The moment the good news came over the radio was “exhilarating,” Wolfe County Search and Rescue Chief John May told CNN. The search began on July 16, when Hern’s family realized where he had gone and contacted the search group, May told CNN. That night, a team searched for Hern until after midnight, but they couldn’t find him, the Wolfe County rescue group posted on Facebook. After July 8, Hern told rescuers he didn’t eat or drink anything, as his mouth was too dry to do so. From Wolfe County Search & RescueHern was hospitalized and was not able to walk on his own, the rescue group wrote on Facebook on July 22, two days after his rescue.

Persons: Scott Hern, ” Wolfe, John May, “, ”, “ It’s, hadn’t, Wolfe, ” May, Hern’s, May, Eric Wolterman, Hern, Wolterman, ” Wolterman, “ Scott Hern, I’m, “ We’ve, –, Hearn, rehydrate, ” CNN’s Tanika Gray Organizations: CNN, US Forest Service, WLEX, Facebook, Team, Kentucky State Police Locations: An Ohio, Kentucky, Wolfe, Ironton , Ohio, Wolfe County, Ohio, Bell Falls

☆ John Mayall, influential Blues musician, has died at 90
▼ + stars: | 2024-07-23 | by ( Dan Heching | Dalia Faheid | ) edition.cnn.com time to read: +3 min

CNN —John Mayall, a pioneering Blues musician who was recently announced as a 2024 inductee into the Rock & Roll Hall of Fame, has died. “It is with heavy hearts that we bear the news that John Mayall passed away peacefully in his California home yesterday, July 22, 2024, surrounded by loving family. John Mayall gave us ninety years of tireless efforts to educate, inspire and entertain,” the message said. Called “the godfather of British blues” by the Rock & Roll Hall of Fame, the singer-songwriter, multi-instrumentalist and bandleader was a pioneer of Blues music in England during the 1960s. Mayall was inducted into the Blues Hall of Fame in 2016.

Persons: CNN — John Mayall, Mayall’s, John Mayall, John, Queen Elizabeth II, Mayall, “, ”, Eric Clapton, Joe Walsh, Steve Van Zandt, Alex Lifeson, Peter Green, Mick Taylor, Jack Bruce, John McVie, Mick Fleetwood, Aynsley Dunbar – Mayall Organizations: CNN, Roll Hall of Fame, Blues, Blues Hall of Fame, Hall of Fame, of Fame, Facebook Locations: California, England, British, Cheshire, Los Angeles, United States, Europe

☆ John Mayall, Pioneer of British Blues, Is Dead at 90
▼ + stars: | 2024-07-23 | by ( Larry Rohter | ) www.nytimes.com time to read: 1 min

John Mayall, the pioneering British bandleader whose mid-1960s blues ensembles served as incubators for some of the biggest stars of rock’s golden era, died on Monday. The death was confirmed in a statement on Mr. Mayall’s official Facebook page. The statement did not give a cause or specify where he died, saying only that he died “in his California home.”Though he played piano, organ, guitar and harmonica and sang lead vocals in his own bands with a high, reedy tenor, Mr. Mayall earned his reputation as “the godfather of British blues” not for his own playing or singing but for recruiting and polishing the talents of one gifted young lead guitarist after another.

Persons: John Mayall, “, Mr, Mayall Locations: California

☆ A trainer-heiress power couple created the fitness juggernaut Pvolve. Then came a divorce, an arrest, and Jennifer Aniston.
▼ + stars: | 2024-07-16 | by ( Kate Taylor | ) www.businessinsider.com time to read: +43 min

Around the dinner table in the early 2000s, David Katzman would quiz his kids about their dream startups. ModelFit employees told BI that Gelband used the Pelvicore Pro only with the permission of its creator, the physical therapist Christina Christie. Once, in October 2018, David Katzman met with Facebook's ad team to discuss SDC's before-and-after advertisements, which violated the tech company's policies. SDC employees worked on Pvolve marketing campaigns, and Pvolve employees took trips on David Katzman's jet. "He didn't come from anything, and he spent years and years building up the business," the person close to Pasterino told BI.

Persons: Stephen Pasterino, Pasterino, he'd, hadn't, Rachel Katzman, who'd, Katzman, Pvolve, Jennifer Aniston, David Katzman, bankrolled, —, Laura Quintana, Stephen, Erik Connolly, Connolly, John Mayer, Nietzsche, Dan Gilbert, David, Gilbert, Usher, Jordan, decanting, Justin Gelband, ModelFit, Taylor Swift, Gelband, Vanessa Packer, Bryan Bedder, we'll, didn't, Woody Allen's, Vera Wang, Katzman's, I've, Cynthia Hannah, Blanca Padilla, Pasterino's, Justin Gelband's, Tracy Anderson's, cofounders, Packer, Christina Christie, Christie, Jordan Katzman, David Katzman's, Camelot, Julie Cartwright, Pvolve's, Cartwright, Hannah Bronfman, Nadine Leopold, Tim P, Pvolve didn't, Quintana, Rachel, SmileDirectClub, Jamie Dimon, Olivia Culpo, Craig Barritt, Bethenny Frankel, Madelaine Petsch, Lola tampons, They'd, Mara, ThreeForm, loaning, Hannah, Christie Brinkley, Monica Schipper, she'd, Rebecca Minkoff, Lindsay Pinchuk, Pamela, couldn't, Kathryn Delacruz, Madison Krause, Krause, Delacruz, " Krause, Pvolve's attorney's, Aniston's, Aniston, Jennifer, Jennifer Aniston's, Connelly, SDC's cofounders, — Pasterino, ThreeForm hasn't, Sarah VanZalen, there's, Erewhon, WWD, Tim Michaels, franchisors, Michaels, they've, Aperol Organizations: SoHo, Pvolve, Los Angeles ., Depot, DeeKay Enterprises, Quicken Loans, Cleveland Cavaliers, Camelot Venture Group, New, ModelFit, GQ, Getty, Hamptons, Beverly Hills Hotel, Cosmopolitan, BI, Gray Institute, SDC, Camelot, Lionsgate, Facebook, Whitby, Ventures, . Press, Miss, Employees, Naboisho Conservancy, Katzman's, Southampton, Pvolve Facebook, LinkedIn, Health, Forbes, Workers, Industry Locations: Pvolve, New York, Chicago, Los Angeles, Hammonton , New Jersey, Atlantic City, Jersey Shore, Franklin , Michigan, Michigan, Detroit, Las Vegas, Beverly, SoHo, Ibiza, France, Paris, Vogue, California, ModelFit, Covent, London, Riverdale, New Jersey, Pasterino, Italy, Kenya, Naboisho, Nashville, San Diego, New York City, shuttering, Ann Arbor , Michigan, ThreeForm, Angeles, Malibu

☆ What Warren Buffett said about GameStop mania then, as the frenzy returns in 2024
▼ + stars: | 2024-06-16 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

Meme stock and erstwhile videogame retailer GameStop is back in the limelight as Reddit ringleader Roaring Kitty stirs up another trading frenzy. Warren Buffett commented at length about the speculative behavior during the first GameStop mania in 2021. Then, the "Oracle of Omaha" called the stock market a gambling parlor for retail investors, encouraged by Wall Street's investment banks and brokerages. "It's become a very significant part of the casino group that has joined into the stock market," Buffett said at 2021's Berkshire annual meeting . Options trading in GameStop exploded after Roaring Kitty, whose legal name is Keith Gill, touted his large positions in those risky vehicles.

Persons: Kitty, Warren Buffett, Wall, It's, Buffett, They've, Keith Gill, John Maynard Keynes Organizations: GameStop, Berkshire, Citadel Securities Locations: Omaha

Here's our breakdown of Dead & Company's 2024 Las Vegas residency schedule, purchasing details, and price comparisons for original and resale tickets. Dead & Company 2024 tour scheduleThe 2024 Las Vegas Sphere residency for Dead & Company includes 24 shows between May 16 and July 13. Date City Vivid Seats prices StubHub prices Time May 30, 2024 Las Vegas, Nevada $83 $87 7:30 p.m. May 31, 2024 Las Vegas, Nevada $90 $87 7:30 p.m. June 1, 2024 Las Vegas, Nevada $114 $118 7:30 p.m. June 6, 2024 Las Vegas, Nevada $143 $146 7:30 p.m. June 7, 2024 Las Vegas, Nevada $126 $126 7:30 p.m. June 8, 2024 Las Vegas, Nevada $170 $166 7:30 p.m. June 13, 2024 Las Vegas, Nevada $122 $130 7:30 p.m. June 14, 2024 Las Vegas, Nevada $128 $135 7:30 p.m. June 15, 2024 Las Vegas, Nevada $141 $145 7:30 p.m. June 20, 2024 Las Vegas, Nevada $126 $136 7:30 p.m. June 21, 2024 Las Vegas, Nevada $144 $157 7:30 p.m. June 22, 2024 Las Vegas, Nevada $148 $152 7:30 p.m. July 4, 2024 Las Vegas, Nevada $117 $119 8:00 p.m. July 5, 2024 Las Vegas, Nevada $99 $103 7:30 p.m. July 6, 2024 Las Vegas, Nevada $95 $97 7:30 p.m. July 11, 2024 Las Vegas, Nevada $121 $130 7:30 p.m. July 12, 2024 Las Vegas, Nevada $130 $136 7:30 p.m. July 13, 2024 Las Vegas, Nevada $183 $188 7:30 p.m. How to buy tickets for Dead & Company's 2024 concert tourYou can buy original tickets to Dead & Company's 2024 tour at Las Vegas' Sphere on Ticketmaster. With Dead & Company's Sphere Las Vegas residency concluding on July 13, it's possible that additional tour dates could be added elsewhere later in the year.

Persons: Bob Weir, Mickey Hart, John Mayer, Oteil Burbridge, Jeff Chimenti, Jay Lane, We've Organizations: Business, Dead & Company, Company, Ticketmaster, Dead & Locations: Las Vegas, Vegas, Vegas , Nevada

☆ Warren Buffett says one question posed by AI has stumped economists for a century
▼ + stars: | 2024-05-07 | by ( Michelle Castillo | ) www.cnbc.com time to read: +8 min

Calling AI profound, Buffet said that the technology is like a "genie" — once it gets let out of the bottle, it could have disastrous effects. It's a question, he said, that has riddled the best economists for a century. Warren Buffett is the first to admit he doesn't know much about artificial intelligence. This rebound has led to questions from corporate executives about factors that could be at play, from AI to return-to-office mandates. "Every company is looking at AI and deciding where it will help them," he said during a recent interview on CNBC's "Money Movers."

Persons: Buffett, Buffet, Warren Buffett, it's, couldn't, John Maynard Keynes, Keynes, Gary Cohn, Cohn, Dev Ittycheria, Elon Musk, Mark Zuckerberg, Sam Altman, Robert Solow, Berkshire Hathaway Organizations: Apple, Berkshire Hathaway, Berkshire, IBM, National Economic, CNBC, Nvidia, McKinsey, Harvard Business Locations: Omaha, Berkshire

☆ How to handle being the subject of a Taylor Swift diss track, according to PR experts
▼ + stars: | 2024-05-07 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: +12 min

For a celebrity, being referenced in a Taylor Swift song can cause a PR crisis. Advertisement"He's showing due deference to the power of Taylor Swift," Nierman said. The Kim Kardashian method: Let anonymous sources do the talkingTaylor Swift and Kim Kardashian at the 2015 VMAs. "I don't think Taylor Swift really needs to negotiate with anyone. Advertisement"Everything is done for a reason and any person would be a fool to bet against or to cross Taylor Swift," Nierman said.

Persons: Taylor, Joe Alwyn, Matty Healy, Kim Kardashian, —, Taylor Swift, Swift, Healy, TMZ, reveling, artfully, Robert Kamau, who's, Evan Nierman, Banyan, John, recoils, Erik Bernstein, Bernstein, hasn't, Nierman, Healy's, what's, Jackson Lee, Alwyn hasn't, Alwyn, Kevin Mazur, Aimee, aIMee, KIM, Kardashian, it's, John Mayer Organizations: BI, Service, Poets Department, Getty, Department, Swift, Rights Locations: New York City, London, Cincinnati , Ohio

☆ Taylor Swift's 15 best breakup songs, ranked
▼ + stars: | 2024-04-28 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: +1 min

Larry Busacca/Getty ImagesWhen "Speak Now" was released, Swift wasn't shy about framing the album as a diary set to music. "Every single song is like a roadmap to what that relationship stood for, with little markers that maybe everyone won't know, but there are things that were little nuances of the relationship, little hints. And every single song is like that." "Dear John" is the most obvious example, likely owing its title to Swift's ex John Mayer (though it also doubles as a reference to a wartime breakup letter, historically sent from a woman to a soldier). Indeed, the tabloid fodder attached to "Dear John" may have threatened to eclipse the song's power, had 20-year-old Swift been a less capable songwriter.

Persons: John, Larry Busacca, Swift, Chris Willman, John Mayer, Willman, John Lennon's Organizations: Yahoo

☆ With Inflation This High, Nobody Knows What a Dollar Is Worth
▼ + stars: | 2024-04-26 | by ( Jeff Sommer | ) www.nytimes.com time to read: +1 min

But exactly how inflation is hurting, helping and confusing people is hard to understand. There’s a fancy name for the common human failure to see past the gaudy prices largely created by inflation. This widespread inability to recognize what money is really worth is known as money illusion. Irving Fisher, a Yale economist, wrote a book about it nearly a century ago. But their insights tend to be forgotten when prices are fairly stable, as they were in the United States until three years ago.

Persons: you’re, Irving Fisher, John Maynard Keynes Organizations: Yale Locations: British, United States

☆ Ron Insana: A market shake-up could be around the corner as inflation remains sticky
▼ + stars: | 2024-03-15 | by ( Ron Insana | ) www.cnbc.com time to read: +4 min

Here's a question on the minds of investors amid recent hotter-than-anticipated inflation readings and this powerful rally: Are we due for a stock market scare? However, as of late, there have been some early warning signs that the declines in inflation may be slowing. Other areas have also sent up some flags that could adversely affect stocks and bonds in the short run. However, it is unwise to ignore what market signals are suggesting, at least in the short run. But in the short run, we should remain on heightened alert for changes in this year's outlook.

Persons: It's, I'm, John Maynard Keynes, Ron Insana Organizations: Federal Reserve, New York Federal Reserve, West Texas, Atlanta Federal, CNBC, Financial Partners Locations: York

☆ Billy Joel says he’s ‘thought about putting together a band’: ‘Me, Don Henley and Sting, and maybe John Mayer’
▼ + stars: | 2024-02-16 | by ( Dan Heching | ) edition.cnn.com time to read: +1 min

CNN —To file under the fantasy music collaborations category, Billy Joel has been toying with the idea of joining forces with some contemporary music greats. “I thought about putting together a band,” Joel retorted. “Me, Don Henley and Sting, and maybe John Mayer on guitar.”That roster would surely be a worthy update to the Wilburys, which was a supergroup team-up between the late Tom Petty, Roy Orbison and George Harrison, along with Jeff Lynne and Bob Dylan. Joel also said he talks to Paul McCartney “a lot,” but added that he doesn’t “have the nerve” to ask the former Beatle to band up. Joel humored Stern while he continued to fantasize about who would be in the supergroup, and said, “Ringo would be good.

Persons: Billy Joel, –, Howard Stern, Joel, “, ” Joel, Don Henley, John Mayer, Tom Petty, Roy Orbison, George Harrison, Jeff Lynne, Bob Dylan, Stern, hasn’t, we’ll, ”, Paul McCartney, Joel humored Stern, “ Ringo, Ringo, doesn’t, Freddy Wexler –, Justin Bieber, Ariana Grande, Pink — Arthur Bacon, Wayne Hector Organizations: CNN, Sting Locations: ”

☆ The biggest risks US businesses face in 2024
▼ + stars: | 2024-01-14 | by ( Bryan Mena | ) edition.cnn.com time to read: +11 min

But, while businesses have plenty to be grateful for and much to be optimistic about, the coast isn’t clear. Last week, surveys from the National Federation of Independent Business (NFIB) and The Conference Board detailed the biggest risks that businesses are currently worried about. Here are some of the biggest risks for American businesses in 2024. Those financial stresses can reduce the willingness of banks to lend to others businesses and also to consumers,” she said. Bank earnings look really bad this quarter.

Persons: there’s, “, John Maynard Keynes, ”, ” Dana Peterson, Bill Dunkelberg, ” Peterson, ” Suzanne Clark, We’re, Mike Johnson, Chuck Schumer, Fitch, Clark, JPMorgan Chase, Nicole Goodkind, Krystal Hur, FactSet, Martin Luther King Jr, Morgan Stanley, Goldman Sachs Organizations: CNN Business, Bell, DC CNN, Federal, National Federation of Independent Business, Board, US, of Commerce, of American, Conference Board, Conference, CNN, Fed, Corporate, US Chamber of Commerce, chamber’s State of American, AAA, Moody’s Investors Service, US Chamber, Commerce’s, Google, Citigroup, Bank, JPMorgan, FactSet, Revenue, Profit, Federal Deposit Insurance Corporation, Valley Bank, Signature Bank, Bank of America, FDIC, Citi, China’s National Bureau of Statistics, Alcoa, National Statistics, US Commerce Department, US Labor Department, Federal Reserve, University of Michigan, National Association of Realtors Locations: Washington, Wells, Corporate America, chamber’s State, BlackRock, Amazon, Argentina, Japan

☆ How B.J. Novak turned a tribute to chain restaurants into the hottest ticket in Hollywood with a 25,000-person waitlist
▼ + stars: | 2024-01-05 | by ( Anneta Konstantinides | ) www.businessinsider.com time to read: +11 min

Chain pays tribute to these restaurants with new interpretations of their most iconic dishes, which are created by Michelin-starred chef Tim Hollingsworth. "We all came up on different chain restaurants and, from a very authentic place, we all got excited about them." Advertisement"Ironically, since we started Chain, these chain restaurants have had sort of this resurgence," Hollingsworth said. How did a comedian, film producer, and Michelin-starred chef help predict the resurgence of chain restaurants? "It's become so hard to capture the attention and interest of a massive amount of people, but chain restaurants have been around for 50 or 60 years.

Persons: —, Jack, B.J, Novak, Friendly's, Nicholas Kraft, Chain, Tim Hollingsworth, Kraft, hadn't, Bell, Mindy Kaling, John Legend, Chrissy Teigen, margarita, Rachel Bilson, Dunkin, Chrissy, Red Robin, Let's, Phil Rosenthal, Chef Hollingsworth, Thomas Keller's, Hollingsworth, Ruth De Jong, Oppenheimer, John Mayer, Andy Cohen, lockdowns, Tim Hollingsworth's, Bell's, Taco Bell, De Jong, We're, Finneas, It's Organizations: Service, Michelin, Business, New Americana, ChainFest, Steakhouse, Crunchwrap, Panda Express, Texas Locations: Boston, Los Angeles, Olive, ChainFest, Seattle, LA, Napa, Texas, West Hollywood

☆ ECB hawk Schnabel scraps more rate hikes after 'remarkable' inflation drop
▼ + stars: | 2023-12-05 | by ( ) www.reuters.com time to read: +4 min

Euro zone inflation tumbled to 2.4% last month from above 10% a year earlier after a record string of rate hikes. Schnabel, who had insisted just a month ago that rate hikes must remain an option because the "last mile" of the inflation fight may be the toughest, said she had shifted stance after three unexpectedly benign inflation readings in a row. "The most recent inflation number has made a further rate increase rather unlikely." "The recent inflation print has given me more confidence that we will be able to come back to 2% no later than 2025." Schnabel said weak growth as a result of the ECB's rate hikes is helping the inflation fight but that a deep or prolonged recession is unlikely, with recent survey data supporting expectations for a recovery.

Persons: Isabel Schnabel, Jim Urquhart, Schnabel, John Maynard Keynes, Christine Lagarde, Francois Villeroy de, Yannis Stournaras, Joachim Nagel, Balazs Koranyi, Catherine Evans Organizations: European Central Bank, Teton, Jackson, REUTERS, Rights, ECB, Reuters, Bank of Greece, Thomson Locations: Jackson , Wyoming, U.S, French, Francois Villeroy de Galhau

☆ 15 celebrities who love shopping at Costco
▼ + stars: | 2023-12-02 | by ( Mary Hanbury | Erin Mcdowell | ) www.businessinsider.com time to read: +1 min

In 2020, Lana Del Rey described the chain as "a happy place." Other stars like John Mayer and Ryan Seacrest have also touted their love for Costco. AdvertisementFrom former presidents to the music industry's biggest names, even celebrities are known to shop at Costco. In 2020, Lana Del Rey shared a series of photos from a recent trip to Costco, calling it "a happy place." Here are 15 celebrities who love shopping at Costco.

Persons: Lana Del Rey, John Mayer, Ryan Seacrest, —, Billie Eilish Organizations: Costco, Service

☆ An Old Watch Gets a Face-Lift Orchestrated by John Mayer
▼ + stars: | 2023-11-16 | by ( Max Berlinger | ) www.nytimes.com time to read: 1 min

It’s not uncommon to see clocks or hourglasses alongside the snails, skeletons, scarecrows and other imagery on Online Ceramics T-shirts. “We talk a lot about time,” Mr. Funk said. “Like past and present, rebirth, the quickness of life.”That interest didn’t stretch much to watches, until recently. Mr. Funk, 34, recalling one worn by his uncle, said he had seen watches as a marker of elegance. Mr. Ross, 33, said the only watch he has ever really used was a Timex he wore while working for the Maine Conservation Corps after college.

Persons: Elijah Funk, Alix Ross, ” Mr, Funk, Ross Organizations: Timex, Maine Conservation Corps Locations: Los Angeles

☆ SiriusXM is targeting younger customers with new app and streaming plan
▼ + stars: | 2023-11-09 | by ( Drew Richardson | ) www.cnbc.com time to read: +4 min

SiriusXM announced Wednesday that it will launch a revamped app and a newly priced streaming plan as it pushes to attract younger customers. SiriusXM has shed subscribers recently, as it reported a loss of 94,000 satellite radio subscribers in the third quarter. The company is also simplifying its pricing structure, offering its new Streaming All Access Plan for $9.99 a month, a dollar cheaper than its current all-inclusive streaming plan. The cheaper price tag is another bid to attract millennial and younger customers, who may already pay for another streaming service. Select-model 2024 Polestar vehicles will come equipped with SiriusXM 360L technology, which combines satellite and streaming features, the company announced Wednesday.

Persons: Scott Greenstein, Kevin Hart, Ashley Flowers, Kelly Clarkson, SiriusXM, Jennifer Witz, Howard Stern, Conan O'Brien, Andy Cohen, Joe Inzerillo, Morgan Stanley, Dolly Parton, John Mayer, Witz Organizations: NEW, Industry, Tisch, Apple, Sirius, Technology, CNBC, SiriusXM Locations: New York City

☆ AI-Driven Cataclysm Could Rock the Job Market: Top Economist
▼ + stars: | 2023-09-18 | by ( Aki Ito | ) www.businessinsider.com time to read: +33 min

Over the course of three conversations this summer, Acemoglu told me he's worried we're currently hurtling down a road that will end in catastrophe. "There's a fair likelihood that if we don't do a course correction, we're going to have a truly two-tier system," Acemoglu told me. "I was following the canon of economic models, and in all of these models, technological change is the main mover of GDP per capita and wages," Acemoglu told me. In later empirical work, Acemoglu and Restrepo showed that that was exactly what had happened. "I realize this is a very, very tall order," Acemoglu told me.

Persons: who's, Katya Klinova, Daron Acemoglu, Simon Johnson, Acemoglu, Johnson, we've, he's, we're, Power, James Robinson, —, Robinson, David Autor, Pascual Restrepo, Restrepo, John Maynard Keynes, Simon Simard, Lord Byron, Eric Van Den Brulle, hasn't, it's, Gita Gopinath, Paul Romer, Romer, What's, Daron, GPT, Asu Ozdaglar, It's, Mark Madeo, Tattong, Erik Brynjolfsson, Brynjolfsson, There's, Yoshua Bengio, Yuval Noah Harari, Andrew Yang, Elon Musk, I've, That's, Aki Ito Organizations: Getty, MIT, of Technology, Hulton, London School of Economics, Stagecoach, Technology, —, International Monetary Fund, Microsoft, Asu, Companies, Computer, Greenpeace, Communications, Big Tech, Workers Locations: Silicon Valley, America, Boston, Istanbul, Turkey, Acemoglu, England, United States, Britain, Australia

☆ The ‘Neutral’ Interest Rate, R-Star, and Other Difficult Economic Numbers - The New York Times
▼ + stars: | 2023-08-25 | by ( Paul Krugman | ) www.nytimes.com time to read: +2 min

Yet even though economics lends itself to number-crunching, getting or even defining the numbers we crunch can be problematic. In particular, the Fed would very much like to know how high it needs to keep the interest rate — or more precisely, the interest rate minus expected inflation — to avoid overheating the economy and reigniting inflation. This “natural rate of interest,” a term invented in 1898 by the Swedish economist Knut Wicksell, is often referred to as r* or r-star. Back in 1968, Milton Friedman, in a deliberate echo of Wicksell, argued that there is also a “natural” rate of unemployment consistent with stable inflation. Since referring to any level of unemployment as natural raises some people’s hackles, this is often referred to as the NAIRU, for non-accelerating inflation rate of unemployment — and often denoted as, you guessed it, u*.

Persons: —, John Maynard Keynes, Victoria, Queen Elizabeth —, don’t, Knut Wicksell, Milton Friedman Locations: Swedish

Two of Australia’s largest grassroots Indigenous football bodies – Indigenous Football Australia (IFA) and the Australian Indigenous Football Council (AIFC) – say there’s no funding for Indigenous football in Legacy ’23, the 357 million Australian dollar ($228 million) post-tournament fund dedicated to growing soccer in Australia. By contrast, the AIFC oversees state and territory Indigenous football councils and organizes the First Nations Indigenous Football Championships and teams who play as the Indigenous Roos and Koalas. The AIFC recently signed a “Football Treaty” with New Zealand equivalent, Māori Football Aotearoa, and Gilbert wants to create a World Indigenous Football Council and Indigenous World Cup, independently of FIFA. Pickering-Parker seems more hopeful that the World Cup will bring more funding to his small team of volunteers: “Right now. If hosting a Women’s World Cup isn’t going to do it, I don’t know what else is,” she said.

Persons: “, that’s, it’s, ”, Ros Moriarty, James Johnson, Karen Menzies, John Maynard, “ I’ll, I’m, I’ll, Maynard, –, who’ve, Asanka Brendon Ratnayake, Moriarty Football, John’s, Moriarty, ” Lawrence Gilbert, Gilbert, ” John Moriarty, John Moriarty, Johnson, We’ve, It’s, Jennifer Pickering, Tai Tokerau, “ You’re, ” Pickering, Claudia Bunge, Michaela Foster, Mathias Bergeld, Phillip Pickering, Parker, Pickering, Kyah Simon, who’s, Lydia Williams, Williams, ” Williams, Matt King, Australia’s, That’s, crowdfunding, NIAG, we’ve, Menzies, we’re, … Organizations: Sydney CNN —, Indigenous Football Australia, IFA, Australian Indigenous Football Council, Indigenous, Moriarty Foundation, Football Australia, CNN Sport, FIFA, Indigenous Advisory, CNN, Aboriginal Soccer Tribe, UNICEF Australia First Nations, Aboriginal, Torres Strait, Elders, Commonwealth, First, First Nations, Reuters, Australian, soccer team, ” John Moriarty Football, New South, Nations Indigenous Football, Indigenous Roos, Treaty, Māori Football Aotearoa, Indigenous Football Council, Nations Australian, Nations, . New Zealand, ”, New Zealand Football, AFL, Australian Football League, Sydney Football Stadium Locations: Australia, New Zealand, Brisbane, New South Wales, Koalas, Tai, New, ., Norway, Kalgoorlie, Western Australia, Perth, “

☆ Two young tech workers share why they relocated to Arkansas from Texas and California
▼ + stars: | 2023-08-14 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +8 min

They stayed in Bentonville, Arkansas, for three days and stopped in Fayetteville — about 330 miles from Dallas — for coffee on the way back. Northwest Arkansas, which consists of Benton, Madison, and Washington counties, has become the country's 100th-largest metro area. Northwest Arkansas' plan to bring in new talentCompanies like Walmart, Tyson Foods, and JB Hunt are headquartered in Northwest Arkansas and have been attracting movers for years. The Northwest Arkansas Council tried luring remote tech talent with $10,000 and a mountain bike. Do you work in tech and recently move to Northwest Arkansas?

Persons: relocaters, Nicholas Falldine, Falldine, JB Hunt, John Mayer, Nelson Peacock, Peacock, Chris Thompson, Thompson, he's, Walton's, Keith Myers, jumpstart, —, Fayetteville's, Jordan Pandy Organizations: Service, University of Arkansas, NWA, —, Companies, Walmart, Tyson Foods, Better, Gardens, Northwest Arkansas Council, The Northwest, Kansas City Star, Austin, Census Bureau Locations: Northwest Arkansas, Wall, Silicon, Dallas, Bentonville , Arkansas, Fayetteville —, Benton , Madison, Washington, Austin, Arkansas, Fayetteville, Silicon Valley, Falldine . Northwest Arkansas, Bentonville, The, The Northwest Arkansas, Los Angeles, Philadelphia, homeownership, Tulsa , Oklahoma, Marina Del, Fayetteville Falldine

☆ Taylor Swift’s Viral Era
▼ + stars: | 2023-08-11 | by ( Matt Stevens | ) www.nytimes.com time to read: +4 min

Taylor Swift, wearing a long green gown, takes a swan dive pose and jumps into a hole in the stage. A large crowd of Taylor Swift fans sing together in a parking lot outside of her concert. Taylor performs in a “full on deluge.”Rain pours down on a smiling Taylor Swift as she performs onstage. Taylor Swift, sitting at a piano, explains to concertgoers that it is malfunctioning and playing itself. The actor Taylor Lautner enters the stage with a backflip to greet Taylor Swift.

Persons: Taylor, Taylor Swift, Arlington , Texas Taylor, Joe Alwyn, “, ” Taylor, Matty Healy, Nashville Taylor, Matty, Philadelphia “, ” Taylor Swift, Taylor concertgoer Keith Urban, fanboying, Phoebe Bridgers, Bo Burnham, N.B.A, Taylor’s, Aaron Rodgers, she’s, Chicago Taylor, Minneapolis Taylor, John ”, John Mayer, ”, Cincinnati Taylor, Taylor Lautner, Denver Taylor, Seattle Taylor, “ Taylor, Taylor can’t, Travis Kelce, Mexico City Taylor Organizations: Ticketmaster, Philadelphia, Spice, Taylor, Independence, Swift, Federal Reserve, Seattle Locations: Glendale, Ariz, Arlington , Texas, Tampa, Fla, Tampa’s, East Rutherford, N.J, Chicago, Minneapolis, ” Kansas City, Mo, Philadelphia, Seattle, Inglewood, Calif, Mexico City

☆ Analysis: Tony Bennett sang in a key that Jason Aldean’s song can’t reach
▼ + stars: | 2023-07-30 | by ( John Blake | ) edition.cnn.com time to read: +13 min

White jazz artists were antiracists before the term was inventedMany of the tributes to Bennett mentioned his disdain for bigotry. Many White jazz artists were antiracists, long before the word was invented. Frank Sinatra, Bennett’s musical mentor, recorded with and relentlessly championed Black jazz artists like Ella Fitzgerald and Count Basie. He hired a Black jazz bassist, Eugene Wright, and refused to play in segregated venues. There are countless photos of a beaming Bennett hanging out with Black jazz artists.

Persons: Tony Bennett, Ed Sullivan’s, Bennett, ”, Duke Ellington, “, ’ ” Bennett, there’s, Jason Aldean, Aldean, Dick Gregory, Coretta Scott King, Rick Diamond, Bennett —, ” Bennett, Frank Sinatra, Bennett’s, Ella Fitzgerald, Count Basie, Sinatra, Nat King Cole, Dave Brubeck, Eugene Wright, Benny Goodman, Jim Crow, Ellington, Louis Armstrong, don’t, It’s, that’s, Lionel Hampton, Goodman, Michael Ochs, Amy Winehouse, Winehouse, fidgety, “ We’ll, “ You’re, ” Winehouse, Lady Gaga, John Mayer, Elvis Costello, Bennett’s unflappability, Bennett wasn’t, Brubeck, Miles Davis, Jimi Hendrix, Bill Evans, Mark Allan, Greg Thomas, ” Thomas, Carrie Underwood, Faith Hill, Willie Nelson, Billy Ray Cyrus, Lil Nas, Wynton Marsalis, Bennett –, Anthony Dominick Benedetto, –, Thomas, John Blake Organizations: CNN, Toronto Star, MLK, Atlanta Civic Center, US Army, Carnegie Hall, Michael Ochs Archives, Jazz, Studios Locations: New York, Tennessee, America, Atlanta, Nazi, African, British, Turkey, Japan, London, Aldean, American, Europe, United States

☆ Taylor Swift’s surprise song at Seattle concert hypes next potential ‘Taylor’s Version’ album
▼ + stars: | 2023-07-23 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +2 min

CNN —The inimitable Taylor Swift has been on her record-breaking “Eras” tour and along the way, she’s played a different “surprise song” to change up the setlist at every concert. On Saturday during her Seattle concert, Swift’s surprise song was an acoustic version of “This Is Why We Can’t Have Nice Things,” a “Reputation” album track that’s been long-speculated by Swifties to be about Kanye West, who has notoriously clashed in public with the singer through the years. It all started, as if we could forget, when the “Gold Digger” rapper notoriously interrupted Swift at the 2009 MTV Video Music Awards while she was accepting the award for best female video. The artists clashed again in a 2016 dispute over whether or not the rapper cleared lyrics with Swift for his song “Famous,” wherein he calls Swift a “b—” and takes credit for her fame. Despite the fact that a handful of songs from the 2017 album are played regularly on the “Eras” tour, “Nice Things” serves as a very specific reminder of what may bubble up when the “Reputation (Taylor’s Version)” album eventually comes out.

Persons: Taylor Swift, she’s, Swift’s, Swifties, ”, Swift, John Mayer – Organizations: CNN, Kanye Locations: Seattle, Swift’s

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