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☆ Paralyzed by Choice: the Golden Age of Online Shopping Is Over
▼ + stars: | 2024-11-04 | by ( Emilie Friedlander | ) www.businessinsider.com time to read: +13 min

Online shopping, which the US Census Bureau estimates accounts for roughly 16% of all retail sales, theoretically makes it easier to find exactly what we are looking for. AdvertisementThe golden age of comparison shopping isn't so golden after all. Ursu has studied two factors in shopping: search costs and search fatigue. Ursu guessed that the most exhausting stage of shopping is comparison shopping — when people pore over minuscule details between products to find the best one. Related storiesIf people abandon their shopping carts because they get overwhelmed by search fatigue, it can come back to bite retailers.

Persons: We'd, It's, Barry Schwartz, Jason Goldberg, Publicis, they've, Marsh, Samantha Kleinberg, you've, moisturizer, New York University's Leonard N, Ursu, Qianyun Zhang, Elisabeth Honka, lockdowns, Lauren Ralph Lauren, Goldberg, Rufus Organizations: Ikea, Amazon, Accenture, Swarthmore College, Walmart, Shoppers, Lehigh University, Stevens Institute of Technology, Cognitive, New York, Stern School of Business, Google Locations: New, Netherlands, Wayfair

Smarter grids, like Chattanooga's, are just part of what it will take to modernize the American grid in the coming decades. A troubled transition to renewable energyOffshore wind farms are one of the growing areas of renewable energy. And the Edwards & Sanborn project, the US's largest solar energy and energy storage project in California, came online in January. Renewable energy is not only cleaner than fossil fuels but also often less expensive. Breaking down barriersThe US grid isn't designed for fluctuating renewable energy, so much of it goes to waste because clean-energy projects can't connect to the grid.

Persons: Kevin Schneider, Harris, Joe Rand, Joshua Rhodes, barleyman, Edwards, Rand, Philip Odonkor, Seib, headwinds, Julia Bovey, Ørsted, Bovey, Paul Denholm, We'll, Denholm, There's, PATRICK T, FALLON, we're, Schneider, We've, EPB, MISO, it's Organizations: Infrastructure, Service, Pacific Northwest National Laboratory, Nationwide, Biden, Lawrence Berkeley National Laboratory, University of Texas, Renewables, Sanborn, of Systems, Enterprises, Stevens Institute of Technology, Trump, Fork, Eversource Energy, National Renewable Energy Laboratory, Getty, Infrastructure Law Locations: Chattanooga , Tennessee, Chattanooga, EPB, Austin, Maine, North Carolina, California, United States

☆ What a Trump 2.0 Economy Would Look Like
▼ + stars: | 2024-03-15 | by ( Tim Smart | ) www.usnews.com time to read: +10 min

Overall, the Biden economic plan draws less than favorable reviews from voters. So, too, are promises of more tax cuts and a sharp curtailment of immigration. Trump was upset in 2019 that Powell was not doing enough to lower interest rates and stimulate the economy. The Trump tax cuts are set to expire in 2025, giving a second Trump administration the opportunity to fight that battle again. “A Trump 2.0 presidency would inherit very large fiscal deficits from the Biden Administration, rising interest expenses and an economy probably more prone to bouts of inflation,” the report said.

Persons: Muhammad Ali, Joe Frazier, Joe Biden, Donald Trump, Biden, Trump, There’s, ” Trump, it’s, ”, Patrick Horan, “, Tony Soprano, Patrick Kilbane, ” Kilbane, “ Trump, ” George Calhoun, Calhoun, ” Matt Gertken, Alex Nowrasteh, ” Michael Clemens, Clemens, Jerome Powell, Powell, Xi Jinping, Maria Bartiromo, reappoint Powell, Steve Mnuchin, ” Maxime Darmet, Darmet, Kevin McCarthy Organizations: Manila ”, Trump, CNBC, Monday, White, George Mason University, Ullmann Wealth Partners, Republican Party, Senate, Affordable, Quantitative, Stevens Institute of Technology, TikTok, Democratic, BCA Research, Labor, CATO Institute, Peterson Institute for International, University of Colorado, Federal Reserve, Federal, Biden, Fox Business, Trump Cabinet, House, Allianz Research, Biden Administration, U.S, Allianz Trade, Congress, GOP Locations: Manila, COVID, China, U.S, America, France

That is more than double the 2.1% recorded in the second quarter and a testament to the strength of consumers. But he warned that stronger than expected economic data, particularly as regards the labor market, could leave the door open to even more pressure to raise rates or keep them higher for longer. "Additional evidence of persistently above-trend growth, or that tightness in the labor market is no longer easing, could put further progress on inflation at risk and could warrant further tightening of monetary policy." Complicating matters is that the post-pandemic economy has not gone according to script where higher interest rates almost always blunt economic activity and cause a marked slowdown in the labor market. “The labor market is still adjusting, if it ever does, there’s a question whether retail will ever recover completely,” he says.

Persons: ” Sam Bullard, Wells, Jerome Powell, Powell, ”, George Calhoun, Calhoun, Bill Adams, –, speakership Organizations: Federal, Economic, of New, Stevens Institute of Technology, University of, Comerica, “ Locations: U.S, of New York, Washington, Israel

☆ How hydrogen bombs compare to atomic bombs, and how scientists created the most destructive weapon ever
▼ + stars: | 2023-09-24 | by ( Adam Barnes | ) www.businessinsider.com time to read: +11 min

Hydrogen bombs and atomic bombs are both nuclear weapons that can cause mass destruction. But just seven years later an even more destructive nuclear bomb was built — the hydrogen bomb. Whereas hydrogen bombs get their power from a combination of fission and its opposite — nuclear fusion — the binding of atoms. Hydrogen vs. atomic bombs: damage and destructionWhile atomic bomb blasts are measured in kilotons — 1 kt is equivalent to the explosive force of 1,000 tons of TNT — hydrogen bombs are often measured in megatons. AdvertisementAdvertisementBoth atomic and hydrogen bombs are nuclear weapons and therefore create long-lasting, dangerous nuclear fallout.

Persons: Otto Hahn, Fritz Strassman, Hahn, Lisa Meitner, Otto Frisch, Meitner, Frisch, Alex Wellerstein, Wellerstein, Little, Amanda Macias, Tsar, Soviet Union —, Bomba, it's Organizations: Service, Trinity, Stevens Institute of Technology, Little Boy, Lions, TNT, Little, Bravo, US, Hanford , Washington . Department of Locations: Wall, Silicon, United States, Japan, Austrian, Nagasaki, Hiroshima, megatons, Soviet Union, Soviet, Manhattan, Los Angeles, Hanford , Washington

☆ How conservatives use ‘verbal jiu-jitsu’ to turn liberals’ language against them
▼ + stars: | 2023-08-20 | by ( John Blake | ) edition.cnn.com time to read: +13 min

Recent years have brought numerous headlines about another liberal term that has been dismantled by the right. Some scientists believe climate change is a more accurate description of the environmental challenges facing the planet. Demonstrators march across the Brooklyn Bridge during a climate change protest in New York on March 3, 2023. Instead of acknowledging the science pointing toward a looming environmental disaster, one Republican pollster offered another phrase to mute the alarm: climate change. Two decades later, many liberal politicians and activists continue to use the phrase “climate change, the cognitive scientist George Lakoff noted.

Persons: “, ”, Joe Raedle, Lindsey Cormack, “ I’ve, ” Cormack, Cormack, Conservatives didn’t, Harry Harris, didn’t, Andrew Caballero, Reynolds, Robin DiAngelo, ” DiAngelo, Paulette Granberry Russell, it’s, ” “, who’s, there’s, It’s, Yuki Iwamura, pollster, Frank Luntz, Republican pollster, Luntz, George Lakoff, ” Lakoff, “ It’s, John F, Kennedy, ” John F, ’, ” Kennedy, Trump’s, won’t, – they’ll, Trump, John Blake Organizations: CNN, White House, Democrats, House, Republicans, Stevens Institute of Technology, Conservatives, Democratic, Republican, New York City, Getty, Diversity, Equity, National Association of Diversity Officers, Higher Education, Bloomberg, AFP, Capitol Locations: Milwaukee, New Jersey, New York, Virginia, AFP, Brooklyn, ”

☆ 'Oppenheimer' leaves out New Mexicans exposed to radiation from the Manhattan Project, despite local efforts to contact filmmakers
▼ + stars: | 2023-07-25 | by ( Morgan Mcfall-Johnsen | Jenny Mcgrath | ) www.businessinsider.com time to read: +10 min

The Manhattan Project displaced some New Mexicans and employed others at Los Alamos in the 1940s. Christopher Nolan's new film "Oppenheimer" leaves out these lasting, local impacts. The Manhattan Project displaced some New Mexicans, employed others, and irradiated potentially thousands. Her grandfather was the physicist Enrico Fermi, who worked on the Manhattan Project and is played by Danny Deferrari in the film. The Oppenheimer character briefly mentions people living in the area when he proposes it as the site for the Manhattan Project.

Persons: Christopher Nolan's, Oppenheimer, J, Robert Oppenheimer, Tina Cordova's, Cordova, Robert Alexander, me, Christopher Nolan, Wiktor, Getty Images Cordova, Olivia Fermi, Kai Bird, Fermi, Cordova's, Enrico Fermi, Danny Deferrari, It's, Los, Rosario Martinez Fiorillo, Nolan, Elizabeth, Alvin Graves, Elizabeth Graves, Alex Wellerstein, Geiger, Bob Bell, Matt McClain, Graves, Nobody, Leslie Groves, Wellerstein, Cillian Murphy Organizations: Manhattan Project, Service, New, New Mexico History, Pixar, Odeon Luxe, Anadolu Agency, Getty Images, Manhattan, Los Alamos Ranch, Trinity, San, El Rancho, Trinity Test, Stevens Institute of Technology, Washington, Getty, National Park Service, Los Alamos, Alamogordo, Base, Associated Press, Army, Pictures, NPS Locations: Los Alamos, Wall, Silicon, New Mexico, Tularosa, Trinity, Santa Fe, California, London, Vancouver, Alamogordo , New Mexico, San Ildefonso Pueblo, El, Carrizozo , New Mexico, Amarillo , Texas, Silver City , New Mexico, Cordova, Los

☆ 'Oppenheimer' fact v. fiction: A nuclear historian breaks down what the movie got right and wrong
▼ + stars: | 2023-07-21 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +18 min

J. Robert Oppenheimer was an immensely complex figure, and the movie's based on a biography of him. Fact: Oppenheimer mocked Strauss about isotopesJ. Robert Oppenheimer testifies before the Senate in October 1945. Fact: A big thunderstorm delayed the Trinity TestOppenheimer (Cillian Murphy) stands next to the test bomb in "Oppenheimer." If it weren't for the atomic bomb, Oppenheimer would likely be best known for bolstering theoretical physics at the University of California, Berkeley. Fiction: Oppenheimer consulted Einstein about Teller's calculations(L-R) Tom Conti as Albert Einstein and Cillian Murphy as J. Robert Oppenheimer in "Oppenheimer."

Persons: Christopher Nolan's, Oppenheimer, Robert Oppenheimer, J, Alex Wellerstein, Kai Bird, Martin Sherwin, Wellerstein, Niels Bohr wasn't, Patrick Blackett, Bird, Sherwin, Blackett, Niels Bohr, Ernest Rutherford, Bohr, Oppenheimer's, Cillian Murphy, Abraham Pais, Baudelaire, e.e, cummings, who's, Haakon Chevalier, Peter, Peter Oppenheimer, Kitty, Haakon, Barbara Chevalier, Robert, Perro, Werner Heisenberg, peppering Bohr, Heisenberg, Strauss, David Hill, Lewis Strauss, Dwight D, David Inglis, Inglis, I've, Arthur Compton, Trinity Test Oppenheimer, Jack Hubbard, Leslie Groves, Hubbard, Feynman, Richard Feynman, I'm, Groves, Robert Serber, David Bohm, Philip Morrison, Willis Lamb, Hitler, Hartland Snyder, Kip Thorne, John Wheeler, Roger Penrose, Penrose, Murphy, Trinity, there's, —, Karl T, Compton, Stimson, Henry Stimson, that's, Harry Truman, Wallenstein, Einstein, Tom Conti, Albert Einstein, Melinda Sue Gordon, Edward Teller, Hans Bethe, Enrico Fermi, Bethe, Roger Robb, He's, Teller, Stanislaw Ulam, Gordon Dean, Charlotte Serber, Charlotte Serber's, she's, Serber Organizations: Service, Manhattan Project's Los Alamos Laboratory, Stevens Institute of Technology, Cambridge, Eisenhower's, Federation of American Scientists, Time, Atomic Energy Committee, Trinity Test, Trinity, Los, University of California, Clovis, National Security Research, Manhattan Project . National Security Research, FBI Locations: Wall, Silicon, England, Leiden, Holland, New Mexico, Perro Caliente, Los Pinos , New Mexico, Germany, Nazi, Denmark, Sweden, Los Alamos, Europe, Berkeley, Poland, Amarillo , Texas, Japan, Kyoto, Alamos

Harvard Admit rate: 4% 10k students Duke University Admit rate: 6% 7k students Amherst College Admit rate: 9% 2k students Carnegie Mellon University Admit rate: 14% 7k students University of California, Berkeley Admit rate: 14% 30k students Boston University Admit rate: 19% 20k students University of North Carolina, Chapel Hill Admit rate: 20% 20k students University of Texas, Austin Admit rate: 29% 40k students University of Florida Admit rate: 30% 30k students Bucknell University Admit rate: 35% 4k students San Diego State University Admit rate: 38% 30k students Binghamton University Admit rate: 44% 10k students University of California, Davis Admit rate: 49% 30k students Clemson University Admit rate: 49% 20k students Stevens Institute of Technology Admit rate: 53% 4k students University of Washington, Seattle Campus Admit rate: 54% 40k students Brigham Young University Admit rate: 59% 30k students CUNY Queens College Admit rate: 61% 20k students Texas A & M University, College Station Admit rate: 64% 60k students University of Pittsburgh Admit rate: 67% 20k students Texas Tech University Admit rate: 68% 30k students Ball State University Admit rate: 68% 10k students Rutgers University, New Brunswick Admit rate: 68% 40k students Purdue University Admit rate: 69% 40k students Louisiana State University Admit rate: 71% 30k students University of Delaware Admit rate: 72% 20k students University of Central Missouri Admit rate: 76% 8k students Mississippi State University Admit rate: 76% 20k students University of Wisconsin, Eau Claire Admit rate: 78% 10k students University of Alabama Admit rate: 79% 30k students University of North Carolina, Charlotte Admit rate: 79% 20k students University of Colorado Boulder Admit rate: 80% 30k students Drexel University Admit rate: 83% 10k students University of Arkansas Admit rate: 83% 20k students University of Cincinnati Admit rate: 85% 30k students University of Texas, Dallas Admit rate: 87% 20k students Suffolk University Admit rate: 88% 4k students Arizona State University Admit rate: 88% 60k students West Chester University of Pennsylvania Admit rate: 89% 10k students Grand Valley State University Admit rate: 92% 20k students University of Kansas Admit rate: 93% 20k students Utah State University Admit rate: 93% 20k students California State University, Sacramento Admit rate: 94% 30k students University of Utah Admit rate: 95% 30k students Kansas State University Admit rate: > 95% 20k students University of Wyoming Admit rate: > 95% 9k students 90% admission rate 80% admission rate 70% admission rate 60% admission rate 50% admission rate 40% admission rate 30% admission rate 20% admission rate 10% admission rate These are America’s major four-year colleges, arranged by their admission rates. Just 6 percent of all college students attend a school with an acceptance rate of 25 percent or less. 56 percent of these college students go to a school that admits at least three-quarters of its applicants. These statistics reveal a simple fact about affirmative action in higher education: It mattered very little for the majority of American college students. But because affirmative action only opened a tiny window of access to America’s most elite institutions, the ruling will make little difference for most college students.

Persons: Richard Arum, Mitchell, Stevens, Quoctrung Bui Mr, Arum, Davis, It’s, Lyndon B Organizations: University of California, Stanford Graduate School of Education, Harvard, Duke University, Amherst College, Carnegie Mellon University, Boston University, University of North, University of Texas, University of Florida, Bucknell University, San Diego State University, Binghamton University, Clemson University, Stevens Institute of Technology, University of Washington, Brigham Young University, CUNY Queens College, Texas, M University, College, University of Pittsburgh, Texas Tech University, Ball State University, Rutgers University, Rutgers University , New, Purdue University, Louisiana State University, University of Delaware, University of Central, Mississippi State University, University of Wisconsin, University of Alabama, University of Colorado Boulder, Drexel University, University of Arkansas, University of Cincinnati, Suffolk University, Arizona State University, West Chester University of Pennsylvania, Valley State University, University of Kansas, Utah State University, California State University, University of Utah, Kansas State University, University of Wyoming, Stanford, Black White, White Black, U.S . Department of Education, Pomona, San, California State University , Los, of California Locations: Irvine, Berkeley, University of North Carolina, Austin, Seattle, Rutgers University ,, Rutgers University , New Brunswick, University of Central Missouri, Eau Claire, Charlotte, Dallas, Sacramento, Cambridge, Palo Alto, America, California, San Francisco State, California State University , Los Angeles

☆ Top 10 colleges to attend if you want to make a lot of money—Harvard and Yale didn't make the list
▼ + stars: | 2023-04-06 | by ( Kamaron Mcnair | ) www.cnbc.com time to read: +3 min

Former Caltech attendees earn a median income of $112,166 a decade after starting school, making them the highest earners among the nearly 900 colleges ranked. California Institute of Technology Median income 10 years after attendance: $112,166Median debt among graduates: $17,747 2. Massachusetts Institute of Technology Median income 10 years after attendance: $111,222Median debt among graduates: $13,418 3. Stevens Institute of Technology Median income 10 years after attendance: $98,159Median debt among graduates: $27,000 8. Princeton University Median income 10 years after attendance: $95,689Median debt among graduates: $10,450 It shouldn't be too surprising to see several technical colleges make the list.

☆ Minimum wages are going up, but typical workers still don't make enough to get by in any U.S. state
▼ + stars: | 2023-02-16 | by ( Gili Malinsky | ) www.cnbc.com time to read: +5 min

"So the longer the gap between federal minimum wage increases, the more likely some states went ahead and raised their own state-level minimum." CNBC Make It compared state minimum wages with the average living wage for one adult with no dependents according to MIT's Living Wage Calculator, and found that no state offers a minimum wage that is in line with the living wage. Those setting minimum wages are 'probably using house rents from 2012'When it comes to how states calculate their minimum wages, many use a cost of living index. In Georgia, the minimum wage for employers that don't fall under the Fair Labor Standards Act is $5.15. "And that takes the form of not having a minimum wage or just following the federal guidance or having extremely low sub minimum wages."

☆ When companies appoint Black CEOs, their market caps jump by 3.1%—here's why, new study says
▼ + stars: | 2022-11-04 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +3 min

In contrast, companies that appointed white CEOs saw their market cap decline by 0.91% over the same time frame. About 93% of Black CEOs in their study had advanced degrees, compared to 53% of white executives. "By the time that these Black CEOs have gotten to the highest levels, they've had to prove themselves time and time again." Only six Black CEOs sit at the helm of Fortune 500 companies this year, barely making up 1% of that group. "There still may be some bias and more challenges they face compared to white CEOs."

☆ How to Choose the Best High-Yield Savings Account for You
▼ + stars: | 2022-06-09 | by ( ) www.wsj.com time to read: +9 min

By Beth PinskerIf you search for the best available high-yield savings offers, it can be hard to tell whether what you see advertised is being offered by an actual bank. High-yield savings accounts offer a much higher return for customers on savings than the national average, although there’s no fixed scale. What should you look for in a high-yield savings offer? What is FDIC insurance and why is it important for high-yield savings accounts? Which banks can I trust for a high-yield savings account?

☆ How to Choose the Best High-Yield Savings Account
▼ + stars: | 2022-06-09 | by ( ) www.wsj.com time to read: +9 min

☆ Fact Check-Statue of Liberty photos do not prove sea level rise is insignificant
▼ + stars: | 2021-11-04 | by ( Reuters Fact Check | ) www.reuters.com time to read: +7 min

However, sea level rise to date has already been shown to have contributed to catastrophic damage done by storms and flooding, and accelerating sea level rise projected over the next century is expected to worsen the problem. “No one is calling the sea level rise experienced so far catastrophic, but global sea level rise has accelerated since about 1970 and will continue to accelerate until global temperatures are stabilized. Sea level rise is computed using monthly or annual averages to avoid this confusion,” he said (here). The analyses forecast accelerating sea level rise in the region, with a possible rise of about 2 feet to as much as 9 feet by 2100. Two side-by-side images of the Statue of Liberty are not evidence of the degree of sea level rise, or that sea level rise to date has had no catastrophic impact.

☆ A nuclear attack would most likely target one of these 6 US cities — but an expert says none of them are prepared
▼ + stars: | 2019-12-17 | by ( Aria Bendix | Taylor Ardrey | ) www.businessinsider.com time to read: +9 min

A nuclear attack on US soil would most likely target one of six cities: New York, Chicago, Houston, Los Angeles, San Francisco, or Washington, DC. A nuclear attack in a large metropolitan area is one of the 15 disaster scenarios for which the US Federal Emergency Management Agency has an emergency strategy. That includes the six urban areas that Redlener thinks are the most likely targets of a nuclear attack: New York, Chicago, Houston, Los Angeles, San Francisco, and Washington, DC. "Can you imagine a public official keeping buildings intact for fallout shelters when the real-estate market is so tight?" Both experts agreed that for a city to be prepared for a nuclear attack, it must acknowledge that such an attack is possible — even if the threat is remote.

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