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☆ 15 little-known facts about Phoebe that even die-hard 'Friends' fans may not know
▼ + stars: | 2024-09-19 | by ( Amory Rose | ) www.businessinsider.com time to read: +7 min

Even long-time "Friends" fans may not know some of the most intriguing facts about Phoebe, played by Lisa Kudrow. Phoebe once paused her vegetarian dietLisa Kudrow as Phoebe Buffay on "Friends." When she was younger, Phoebe mugged RossAfter Ross and Phoebe are mugged in season nine, Ross says the same thing happened to him as a teenager. AdvertisementRoss was the first of the friends that Phoebe metLisa Kudrow as Phoebe Buffay and David Schwimmer as Ross Geller. However, Phoebe mugged Ross 18 years before season nine, so she actually met Ross before meeting any of the other friends.

Persons: —, Phoebe Buffay, Phoebe, Lisa Kudrow, NBC Phoebe, Joey, isn't, Lily, Bob Balaban, Frank Buffay, Phoebe's, it's, he's, Frank Jr, Ursula Phoebe, Ursula, Chandler, Paul Rudd, Phoebe doesn't, Ross, Susan, Mike, Kudrow, David Schwimmer, Ross Geller, NBCUniversal, Monica, Rachel, She's, Denise, David Hume Kennerly Organizations: Service, Business, NBC, Getty Locations: Canadian, Vegas, Ross

☆ I quit Amazon after I cracked the code for promotions. It took me 14 years to become a principal engineer — here's how.
▼ + stars: | 2024-09-19 | by ( Tess Martinelli | ) www.businessinsider.com time to read: +8 min

After multiple swift promotions that led me to become a senior software engineer by 2012, I found myself in a career rut. He knew of a job opening at Amazon for a support engineer role and guaranteed me he could snag me an interview. I slowly networked my way into monthly software engineer meetings and steadily expanded my frontier of exposure within the group. Then I asked my new software engineer friends to give me mock interviews. I miss writing code.

Persons: —, Steve Huynh, there's, didn't, I'd, Tess Martinelli Organizations: Service, Business, University of Washington, Amazon, Software, Ticketmaster, YouTube, Big Tech Locations: Seattle , Washington, tmartinelli

☆ Steve Kornacki shares that his mom, Anne, has died
▼ + stars: | 2024-09-18 | by ( Ariana Brockington | ) www.nbcnews.com time to read: +2 min

NBC News’ Steve Kornacki announced that his mom, Anne B. (Ramonas) Kornacki, has died. (Ramonas) Kornacki, 1947-2024,” he simply wrote in an X post. The obituary described Anne B. Kornacki as a native of Waterbury, Connecticut, and a “devoted wife, mother, grandma and sister.”According to the obit, Anne B. Kornacki, died “unexpectedly” on Friday, Sept. 13 at Midcoast Hospital in Brunswick, Maine, surrounded by her family. The couple welcomed two children, Steve Kornacki and Katie Kornacki, and later opened a bed and breakfast.

Persons: Steve Kornacki, Anne B, “, ”, I’m, Casey, “ Anne B, Kornacki, Stephan J, Katie Kornacki, Steve, Grandma, ” Anne Kornacki, Brian Duffy Organizations: NBC, Midcoast Hospital Locations: Waterbury , Connecticut, Brunswick , Maine, Brunswick

☆ Japan's exports slow sharply, machinery orders shrink in blow to economic recovery
▼ + stars: | 2024-09-18 | by ( ) www.cnbc.com time to read: +2 min

He said a boost from the weak yen to exports has faded as the Japanese currency rebounded sharply in August. Total exports rose 5.6% year-on-year in August, up for a ninth straight month, data showed on Wednesday, well below a median market forecast for a 10% increase and following a 10.3% rise in July. Exports to the United States dipped 0.7%, the first monthly decline in nearly three years, as auto sales slumped 14.2%. Those to China, Japan's biggest trading partner, rose 5.2% in August from a year earlier. The value of imports grew 2.3% in August from a year earlier, versus a 13.4% increase expected by economists.

Persons: Takeshi Minami Organizations: Asahi, Co, Bloomberg, Getty, U.S, Norinchukin Research Locations: Hekinan, Aichi Prefecture, Japan, U.S, China, United States

☆ Gold flat as investors focus on Fed
▼ + stars: | 2024-09-18 | by ( ) www.cnbc.com time to read: +2 min

Gold prices were flat on Wednesday as investors weighed chances of an outsized interest rate cut by the Federal Reserve later in the day. Gold prices were flat on Wednesday as investors weighed chances of an outsized interest rate cut by the Federal Reserve later in the day. The Fed is expected to announce a cut to interest rates for the first time in more than four years at 1800 GMT. Markets are now pricing in a 65% chance of a 50-basis-point rate cut, compared with 34% a week earlier, according to the CME FedWatch tool. Zero-yield bullion tends to be a preferred investment in a lower interest rate environment and during geopolitical turmoil.

Persons: Jerome Powell, Matt Simpson, let's Organizations: Federal Reserve, Index Locations: ., Lebanon

☆ Hezbollah pagers suddenly explode across Lebanon
▼ + stars: | 2024-09-18 | by ( Erica Star Domena | Tamara Lindstrom | ) www.businessinsider.com time to read: 1 min

An attack on Hezbollah killed at least eight and left thousands of people across Lebanon injured when pagers unexpectedly detonated over a one-hour period. This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account?

Persons: pagers Organizations: Business Locations: Lebanon

☆ Retail sales unexpectedly rise 0.1% in August
▼ + stars: | 2024-09-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRetail sales unexpectedly rise 0.1% in AugustCNBC's Rick Santelli joins 'Squawk Box' to break down the August retail sales data.

Persons: Rick Santelli

☆ Welcome to interest-rate cut week: Here's how the Fed's next move will impact everything from home prices to new cars loans
▼ + stars: | 2024-09-16 | by ( Madison Hoff | Ayelet Sheffey | ) www.businessinsider.com time to read: +6 min

According to CME FedWatch, which estimates interest rate changes based on market predictions, the size of the rate cut is a coin toss. As of Friday afternoon, there's a 51% chance the Federal Reserve will cut rates by 25 basis points and a 49% chance it'll be an extra-large 50-basis-point cut. That's because a larger rate cut makes borrowing cheaper, which tends to drive up spending and fuel price increases. Rate cuts will also eventually make it cheaper for small businesses to take out loans. A rate cut could cause a rush of buyers to enter the market in the short term, driving up prices and competition.

Persons: Jerome Powell, Michael Madowitz, she's, McTier, it'll, Mark Hamrick, Banks, Hamrick, NerdWallet, Sara Rathner Organizations: Service, Federal, CME FedWatch, Federal Reserve, Business, Washington Center for Equitable Growth, Fed, Consumer Financial, Bureau, asheffey Locations: Jackson Hole , Wyoming, McTier

The Federal Reserve is expected to start lowering rates this week, and mortgage rates are down as a result. But will mortgage rates drop further once the Fed cuts rates? See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates will affect your monthly and long-term payments. 5-Year Mortgage Rate TrendsHere's how 30-year and 15-year mortgage rates have trended over the last five years, according to Freddie Mac data. Mortgage rates are determined by a variety of different factors, including larger economic trends, Federal Reserve policy, your state's current mortgage rates, the type of loan you're getting, and your personal financial profile.

Persons: they've, Freddie Mac Organizations: Federal, Zillow, ARM, Federal Housing Administration, Department of Veterans Affairs Locations: Chevron

☆ Cave fossils shed light on the disappearance of Neanderthals
▼ + stars: | 2024-09-14 | by ( Ashley Strickland | ) edition.cnn.com time to read: +7 min

But other chapters, like those describing the loss of our ancient ancestors, are harder to recover as time passes. A chance finding of bones in a cave is revealing clues of a much older tragic mystery. The once-in-a-lifetime find, nicknamed Thorin after a character in “The Hobbit,” has puzzled researchers for nearly a decade. The overall winner of the competition was photographer Ryan Imperio for his photo taken during the October 2023 annular solar eclipse. The phenomenon is visible for brief moments during an eclipse when sunlight shines through the moon’s valleys and craters, creating glowing drops of light.

Persons: Duke, Wellington, Gebhard Leberecht von Blücher, Napoleon Bonaparte, Thorin, Ludovic, ”, Yuha Hasegawa, Ryan Imperio, Imperio, Zhu Yubo, Rapa Nui, Christopher Columbus, Butch Wilmore, Suni Williams, Ashley Strickland, Katie Hunt Organizations: CNN, Japan’s Nagasaki University, “, International, Astronomy, Polaris, —, NASA, CNN Space, Science Locations: Brussels, Grotte Mandrin, Rhône, New Zealand, El, Rapa, USA, Americas

☆ Travel news: Hotels reveal their wildest room service orders
▼ + stars: | 2024-09-14 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +4 min

CNN —In travel news this week: odd room service requests, the cruise passengers stranded for months at their departure port, plus how a rogue bag of Cheetos caused havoc in a New Mexico cave. Unusual guest requestsFar be it from us to say folks are getting a little entitled, but a new report from Hotels.com has revealed the oddest room service requests made to its hotel partners around the world. There’s the separate requests that were fielded for burnt toast, fresh goat milk and 2 kilos of bananas. And finally there’s the demand for a high-five from a team member to ensure their room service request was read. The nine-month itinerary of Royal Caribbean’s Ultimate World Cruise was considerably less ambitious, but at least it successfully completed its journey this week.

Persons: Hotels.com, it’s, there’s, –, CNN Anne Marie Hagerty Organizations: CNN, Service, Atlanta, Delta Airbus Locations: New Mexico, York, Carlsbad, Hawaii, Oahu, Georgia, England, Argentina, British, Italy, “

☆ Her teenage summer crush unexpectedly came back into her life. ‘I felt like I was reconnecting with my best friend’
▼ + stars: | 2024-09-13 | by ( Francesca Street | ) edition.cnn.com time to read: +19 min

He remembers the way she walked down the beach, recalls noticing her immediately, wanting to talk to her. “We’d download songs and listen to the album at the same time,” recalls Vlad. “The emotion was really, really intense. Iga OlszakWhile Vlad and Iga were together in Germany, they talked about the potential of Iga visiting Vlad in the US. “He created that space for me where it felt really good and I finally felt okay to say the truth,” she says.

Persons: Iga Olszak, Vlad Dimovski, Iga, Vlad, “, Skotina, ”, ” Vlad, ” Iga, …, wasn’t, –, that’s, ’ ”, Vlad’s, She’d, he’d, Iga –, weren’t, they’d, Olszak, I’d, who’d, ”, “ I’d, Will, ’ ” Vlad, Luca, Klara, They're, – he’d, “ I’m, we’ve Organizations: CNN, CNN Travel, “, Facebook Locations: Skotina, Greece, Poland, North Macedonia, Mount Olympus, Iga, Germany, Chicago, Republic of Macedonia, Europe, Bielefeld, “, Florida, Macedonia, pouting

☆ Europe cuts interest rates again as economic recovery falters
▼ + stars: | 2024-09-12 | by ( Hanna Ziady | ) edition.cnn.com time to read: +3 min

London CNN —The European Central Bank (ECB) cut interest rates Thursday, lowering borrowing costs for the second time in recent months as inflation slows and Europe’s economy stumbles. The ECB cut rates for the first time in five years in June, but kept them unchanged at its last meeting in July. However, it marginally downgraded the outlook for economic growth in the eurozone to 0.8%, from 0.9% projected in June. “Financing conditions remain restrictive, and economic activity is still subdued, reflecting weak private consumption and investment,” the ECB said. Earlier this week, former ECB chief Mario Draghi said in a report that slowing economic growth and productivity present an “existential challenge” to Europe.

Persons: Bert Colijn, Christine Lagarde’s, Mario Draghi, Draghi Organizations: London CNN, European Central Bank, ECB, Olympic, Paralympic Games, P Global, Hamburg Commercial Bank, “, ING Locations: Germany, Paris, Europe, United States, China, EU

“Obamacare was lousy health care. Harris senior adviser David Plouffe promised Wednesday that voters will hear more about Trump’s health care comments. “He promised us a health care plan back in 2015. But he still wants to basically throw tens of millions of people off health care,” Plouffe said on MSNBC. I say: How are we going to fix the system?”Asked if he supports Trump's call to reopen the ACA fight, No.

Persons: WASHINGTON, Donald Trump, Kamala Harris, “ Obamacare, It’s, ” Trump, “, ”, didn’t, Trump’s, Trump, Harris, Biden, David Plouffe, ” Plouffe, Barack Obama, Sen, John McCain, I’ve, Joe Biden, hasn’t, ” Sen, Rick Scott, Republican Sen, John Barrasso, Obama’s Organizations: Affordable, ACA, Republicans, MSNBC, “, GOP, Trump, Democrats, Republican Locations: Trump, Wyoming

Former President Donald Trump repeated again and again debunked rumors related to Venezuelan gangs in a Colorado town during Tuesday night’s presidential debate. But the property management company that owns the buildings blamed a Venezuelan gang for the rundown conditions. Aurora police haven’t yet determined whether the men in the video belong to a Venezuelan gang, KUSA reported. Protesters at a City Council meeting Monday object to what they say is the politicizing and exaggeration of an alleged Venezuelan gang problem in Aurora. “Voters can avoid having their votes co-opted by falsehoods by being aware of this trend and taking a few simple steps to confirm whether the claims they’re seeing are true.”

Persons: Donald Trump, Trump, —, “, ” Trump, frankensteining, Roberta Braga, Tren, ” Braga, what’s, ” Carlos Ordosgoitti, “ I’m, Juan Carlos Jimenez, David Zalubowski, KUSA, Mike Coffman, Mike Johnston, Coffman, Greg Abbott, ” Christina Veiga Organizations: Trump, News Literacy, Digital Democracy Institute of, NBC News, Residents, NBC, Denver Gazette, Aurora, Denver, ”, Hells Angels, Angels ’, Meta, University of Washington’s Center, KUSA, Republican, Texas Gov, Protesters, Aurora . Tri Duong / Sentinel Colorado, “ Locations: Colorado, Venezuelan, Aurora , Colorado, Aurora, Philadelphia, Americas, Aragua, U.S, Venezuela, Denver, Spanish, Colo, Brazil, “, Angels ’ Colorado, Tren, Chicago, Aurora . Tri

☆ Carnival cruise ship collides with iceberg
▼ + stars: | 2024-09-11 | by ( Francesca Street | ) edition.cnn.com time to read: +2 min

CNN —The words “Titanic moment” are possibly the last thing you want to hear on a boat – but that was the phrase used by one passenger on board the Carnival Spirit cruise ship last week, after the vessel unexpectedly struck an iceberg. Videos of the incident circulated on social media in the aftermath, as multiple passengers filmed the moment the ship collided with the iceberg. The Carnival Spirit finished its seven-day Alaska cruise on Tuesday without interruption, returning to Seattle, Washington. Alaska’s waters are also known as some of the most challenging for cruise ships to navigate. “Today’s cruise ships are specifically built to sail a number of different waters,” Gray Faust told CNN Travel.

Persons: Cassandra Goskie, ”, Singhal, there’s, John Herring, “, Chris Gray Faust, ” Gray Faust Organizations: CNN, Cruise, Carnival, CNN Travel, Spirit, Sun Locations: Tracy Arm, , Alaska, Juneau, Alaska, Seattle , Washington

☆ Here's why the stock market is throwing a tantrum about new inflation data
▼ + stars: | 2024-09-11 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +4 min

Core inflation rose unexpectedly, dashing hopes for a bigger rate cut from the Fed. US indexes slumped on Wednesday, with the Dow dropping as much as 600 basis points in the early morning as traders took a mixed-bag of inflation data. That's the lowest headline inflation rate recorded since early 2021. On the other hand, cutting interest rates by just 25 basis points means higher for longer interest rates. "Today's inflation data cemented in a 25 basis point cut next week 50 basis points in out the window," she added.

Persons: —, Julian Howard, Gina Bolvin, Preston Caldwell, Chris Zacarelli Organizations: Fed, Traders, Service, Dow, of Labor Statistics, GAM Investments, Bolvin Wealth Management, Labor Department, Morningstar, Independent

☆ The inflation report dashes hopes of a jumbo rate cut next week
▼ + stars: | 2024-09-11 | by ( Madison Hoff | ) www.businessinsider.com time to read: +2 min

You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. The consumer price index, published by the Bureau of Labor Statistics, increased 2.5% over the year from August 2023 to this past August, matching the forecast of 2.5% and below July's 2.9% rate. The new data will factor into the Federal Open Market Committee's interest-rate decision next week, with the hot core figure decreasing the odds of a jumbo 50-basis-point cut. Softening but still relatively strong labor market data will also weigh on the Fed's decision. "If that test is met, a reduction in our policy rate could be on the table as soon as the next meeting in September."

Persons: —, Jerome Powell, Powell Organizations: Service, Bureau of Labor Statistics, Business, Federal

☆ The viral nine-month cruise is ending. Here’s what it was really like on board
▼ + stars: | 2024-09-10 | by ( Francesca Street | ) edition.cnn.com time to read: +21 min

Preparing for the endJoe and Audrey Martucci say they are grateful for the nine-month cruise experience, but at times they found the schedule tiring. A trip of a lifetimeGen Z traveler Little Rat Brain says Antarctica, pictured here, was her world cruise highlight. Little Rat Brain, passenger on board the nine-month cruiseThe TikTok-famous passengers are now considering how to pivot their online presences. “I don’t think anything’s ever going to have the virality of the nine-month cruise,” Fletcher says. “I’m not really sure if it will ever occur again,” agrees Little Rat Brain.

Persons: Royal, –, Angie Linderman, Linderman, Ale Kenney, Shannon Marie Lake, Anthony McWilliams –, Joe, Audrey Martucci, Joe Martucci, Bobbi Waterman, Tam, Julian Mendoza, Daniele Salvatore Arbisi, “, they’re, ”, Beth Anne Fletcher, ’ Fletcher wasn’t, you’re, ” Fletcher, Joe Martucci didn’t, TikTok, ” Oosthuizen, … ” LRB, itineraries, LRB, there’s, someone’s, Anthony McWilliams, Amike, Oosthuizen, Drake, ’ ”, McWilliams, y’all, Anthony Antoine McWilliams Fletcher, Fletcher, “ Beth Anne’s, Audrey, Shannon Lake, ” McWilliams, “ We’re, it’s, “ Truman, Brandee, aunties, It’s, ’, can’t, “ I’m, influencer Marc Sebastian, Sebastian, they’ve, ” LRB, ” Linderman, haven’t, There’s, Princess Cruises –, she’s, “ Everything’s Organizations: CNN, CNN Travel, Royal, NASA, Seas, New York City, MSC Cruises, Princess Cruises, Vie Locations: Royal Caribbean, Miami, Shannon, American, British, South Africa, Halifax, Canada, Southampton, “, California, China, New York, LA, Antarctica, India, Portofino, Italy, Iguazu, ”, Caribbean, Belfast , Northern Ireland

CNN —It’s been an eventful few days for Miami Dolphins star Tyreek Hill, who was detained by police ahead of his team’s opening game of the season on Sunday. Hill doesn’t answer and repeatedly says, “Don’t knock on my window like that.”The officer asks why Hill had his window up and says he had to knock to let Hill know he was there. If I wasn’t Tyreek Hill, worst-case scenario, we would’ve had a different article. Tyreek Hill got shot in front of Hard Rock Stadium, that’s worst-case scenario,” Hill said. “Following the incident involving Tyreek Hill, I have initiated an Internal Affairs investigation to ensure a thorough review of the matter.

Persons: CNN — It’s, Tyreek Hill, Hill, Stephanie V, Daniels, “, don’t, bro, ” Hill, “ I’m, I’m, ”, CNN he’s, CNN’s Kaitlan Collins, I’ve, they’re, would’ve, Tyreek, ” Daniels, Drew Rosenhaus, “ Tyreek, ” Rosenhaus, – it’s, Rosenhaus, ‘, ” Hill’s, Calais Campbell, Campbell, ” Campbell, didn’t, Sam Navarro, Pro Bowler, Jonnu Smith, Don’t, ” Steadman Stahl, ” Stahl, Jaylen Waddle, Megan Briggs, Daniella Levine Cava, ” Levine Cava, MDPD Organizations: CNN, Miami Dolphins, Jacksonville Jaguars, Police, Jaguars, Miami - Dade Police Department, CNN Hill, Internal, CNN News Central, ESPN, Dolphins, NFL, USA, Sports, Reuters, ” Police, South Florida Police Benevolent Association, Hill's, Getty Images Miami, Dade, AFC East, Buffalo Bills Locations: bro, Hill, America

☆ Walz touts Democratic record of defending LGBTQ rights, says Harris will advance cause if elected
▼ + stars: | 2024-09-09 | by ( The Associated Press | ) www.nbcnews.com time to read: +4 min

Tim Walz touted Vice President Kamala Harris’ record of defending LGBTQ rights on Saturday night, pledging to a supportive crowd that she will advance their cause if elected president. He noted how Harris worked alongside President Joe Biden to issue executive orders protecting the rights of LGBTQ people in health care, the military and education. The organization also applauded her selection of Walz as her running mate, citing his own long record of supporting LGBTQ youth and backing same-sex marriage. Transgender youth rarely undergo gender-confirmation surgery anywhere. “President Trump will ensure all Americans are treated equally under the law regardless of race, gender, or sexual orientation,” Leavitt said.

Persons: Tim Walz, Kamala Harris ’, Walz, John Mellencamp’s “, Harris, Joe Biden, Kamala Harris, ” Walz, “ It’s, Republican Donald Trump, Biden, “, ’ ” Harris, ‘, ”, Trump, Imane Khelif, ” Trump, Karoline Leavitt, ” Leavitt Organizations: Minnesota Gov, Democratic, Human Rights, HRC, Republican, Straight Alliance, Trump, Republican National Convention, for Liberty Locations: WASHINGTON, Minnesota, United States, California, Los Angeles, Algerian

☆ Existing newborn screenings may be able to identify risk of sudden infant death syndrome, study finds
▼ + stars: | 2024-09-09 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Aria-Bendix-Byline-Jm.Jpg | Aria Bendix | ) www.nbcnews.com time to read: +6 min

But a new study has found that a particular group of chemicals called metabolites, which are tested for as part of routine newborn screenings, could identify babies with an elevated risk. The researchers compared the results of newborn screening tests for 354 infants who died of SIDS with 1,416 infants who did not. “Maybe we’re looking at some food sensitivities,” she said, but added that much more research is needed into the link between SIDS risk and metabolism. Dr. Joanna Parga-Belinkie, a neonatologist at Children’s Hospital of Philadelphia who also wasn’t involved, similarly questioned whether newborn screenings can provide enough answers. “But every baby that’s born isn’t going to get a deep-dive genetic evaluation — they do get newborn screenings,” she added.

Persons: SIDS, Laura Jelliffe, ”, Pawlowski, “, we’re, ’ ”, Stephanie Napolitano, Joanna Parga, “ It’s, Debra Weese, Mayer, wasn’t, isn’t, it’s, ” Napolitano Organizations: U.S, Disease Control, New York University, University of California, Nationwide Children’s, Children’s Hospital of Philadelphia, Lurie Children’s Hospital of Chicago Locations: SIDS, San Francisco, California

☆ I was laid off from Deloitte after I struggled to fit in. My coworkers wore burnout like a badge of honor, and I had to dim my personality.
▼ + stars: | 2024-09-09 | by ( Tess Martinelli | ) www.businessinsider.com time to read: +12 min

When I received a call from a Deloitte representative saying I'd landed a post-grad job as an actuarial analyst, I was ecstatic. But I didn't feel like there was space to express my femininity. I honestly didn't feel like there was a way to thrive in a more masculine environment without entirely abandoning my femininity, so I tucked away my spiritual, bubbly side. AdvertisementI didn't feel safe confiding in anyone about my workload concerns because everyone around me seemed to wear their burnout as a badge of honor. My superiors encourage me to leave work at work and I finally have time to nourish my hobbies and relationships.

Persons: —, Cierra Desmaratti, It's, I'd, That's, hadn't, Deloitte's, I've, Tess Martinelli Organizations: Service, Deloitte, Business, North Central College, Deloitte's Chicago, International Association of Black Actuaries, Transamerica, Big Locations: Miami, Naperville , Illinois, Deloitte's, Chicago, Transamerica, tmartinelli

☆ How an edtech startup used AI tools like Midjourney and HeyGen to boost its ad performance by 40%
▼ + stars: | 2024-09-04 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +6 min

Pavlovsky said the use of AI tools has made a profound difference to the company's marketing performance. AdvertisementHeadway joins a growing number of marketers looking to harness AI tools, in part to reduce their advertising costs. Headway is using AI tools like HeyGen, Rask, and MidjourneyFounded in Ukraine in 2019, Headway operates a portfolio of educational apps that combined have been downloaded by more than 110 million users worldwide. Its flagship app, Headway, offers 15-minute summaries of popular nonfiction books, as well as challenges and daily micro-learning sessions. All of Headway's user-generated-content video ads are now produced using some element of AI technology, such as for subtitles or voiceovers, the company said.

Persons: —, OpenAI, Anton Pavlovsky, Pavlovsky, Klarna, Mona Lisa, Leonardo, Marie Antoinette, it's Organizations: Service, Business, Gartner, Midjourney, Facebook, Google, UGC, YouTube Locations: Ukrainian, Silicon, Ukraine, Ukraine's, Kyiv

☆ Bond market 'yield curve' returns to normal from inverted state that had raised recession fears
▼ + stars: | 2024-09-04 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

An inverted yield curve, in which the nearer-duration yield is higher, has signaled most recessions since World War II. However, a normalization of the curve does not necessary signal good times ahead. In fact, the curve usually does revert before a recession hits, meaning the U.S. could still be in for some rough economic waters ahead. Job openings had exceeded labor supply by more than 2 to 1 at one point, aggravating inflation that had been at its highest level in more than 40 years. That part of the curve is still steeply inverted, with the difference now at more than 1.3 percentage points.

Persons: Raphael Bostic, Quincy Krosby Organizations: CME Group, Atlanta Fed, LPL, Labor Department, Atlanta Federal Reserve Locations: Chicago, U.S

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