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☆ 'We were willing to risk everything': Gen-Z duo started a pasta sauce brand that brings in $1 million a month
▼ + stars: | 2024-11-24 | by ( Nicolas Vega | ) www.cnbc.com time to read: +6 min

That kind of energy, they thought, was missing from the pasta sauce aisle. "We probably took $150,000 — everything we made from that business, honestly, bottom line — and put it into Sauz," Bonde says. The pasta sauce aisle was crammed with basil marinaras, vodkas and creamy alfredos. Maybe shoppers would enjoy the flavor in their pasta sauce. "If I went and surveyed 1,000 pasta sauce shoppers, I don't think any of them would have said hot honey marinara.

Persons: Troy Bonde, Winston Alfieri, Sauz, they'd, Gen, —, Bonde, Alfieri, Covid, I'd, Ally Kroeckel, They'd Organizations: USC, CNBC, NextPace Ventures, Foods, Ford, Mazda Locations: China, WhatsApp, Angeles, California

The Boston-area university’s denial followed a reported claim by one of its professors that the political science department would no longer facilitate internships at Moulton’s office. “We have reached out to Congressman Moulton’s office to clarify that we have not — and will not — limit internship opportunities with his office,” the university said in a statement. Moulton’s office also shared a transcript of a voicemail that it said was left by Art, the contents of which were first reported by The Boston Globe. He did confirm to the Globe that he had called Moulton’s office about blocking student internships. The Harris campaign did not immediately reply to a request for comment.

Persons: Seth Moulton, Moulton’s, Moulton, Kamala Harris, ”, “, I’m, ” David Art, “ I’m, Sydney Simon, ” Moulton, Harris, Tom Suozzi, ” Suozzi, “ Kamala, Trump, ” Harris, Sam Alleman Organizations: Tufts University, Center, New York Times, Democratic, “, Times, Tufts, NBC News, Art, The Boston Globe, Globe, AdImpact, Facebook, Pew Research Center, NBC, MSNBC, NBCUniversal, Trump, Democratic National Convention, Republican National Convention Locations: interning, Boston, New York

☆ A Gen Xer was tired of balancing 2 jobs and earning under $50,000 a year so he went back to school. The decision 'changed his life,' he said.
▼ + stars: | 2024-10-31 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +7 min

Lloyd Morgan was struggling to make ends meet working multiple jobs and earning under $50,000. Now he's working in local politics and earning $78,500 annually. Morgan decided he had to try something different. In recent years, some people have decided college isn't worth it due to the cost of higher education and job opportunities for workers without degrees. To be sure, a college degree doesn't guarantee a higher-paying job.

Persons: Lloyd Morgan, —, Morgan, Pennsylvania State Sen, Jimmy Dillon, wasn't, he's, Dillon —, Sen, Dillon, Dillon doesn't, it's Organizations: Service, Penn State Abington, Penn State University, Pennsylvania State, Business, College, Dean College in, Dean College, University of Pennsylvania, WIC, Public Locations: Philadelphia, Penn, Dean College in Massachusetts, Manhattan, Pennsylvania

☆ I landed a job with a 'magic circle' law firm but still went all out to get an internship at a US bank. It was the best use of my last summer in college — here's why.
▼ + stars: | 2024-10-29 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +5 min

Adrian Teh secured a job offer with a top UK law firm in August 2023, two years before graduating. But that wasn't the case for me — I was also in the running for a summer internship with a US bulge bracket bank. I secured that investment banking internship as well. Adrian TehSpending my summer interning gave me a better sense of what I wanted to do. AdvertisementIn comparison, I thought working in a law firm offered relatively fewer exit opportunities.

Persons: Adrian Teh, Teh, —, interning, I'm Organizations: Service, Singapore Management University, Bankers Locations: Singapore

☆ I interned at a hedge fund when I was 16. It was the smartest decision I made as a teen, and it set me on the path to a career in finance.
▼ + stars: | 2024-09-30 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +5 min

Yi Ke Cao did her first internship at a hedge fund when she was 16. Joining a hedge fund as their youngest internUnexpectedly, an opportunity to intern at a hedge fund came to me when I was 16. That was when I chanced upon a two-week stint with a Singapore-based hedge fund, Modular Asset Management. Getting over my imposter syndromeCao spent two weeks interning at Modular Asset Management, a hedge fund based in Singapore. Interning at the fund as a 16-year-old was a pivotal moment in my career developmentLooking back, interning at the hedge fund was a pivotal moment in my life.

Persons: Yi Ke Cao, Cao, —, Interning, interning Organizations: Service, Singapore's Nanyang Technological University, Asset Management, Modular Asset Management Locations: Singapore

☆ A 20 year-old built a nuclear fusion prototype in his home for $2,000. Here's how he did it.
▼ + stars: | 2024-09-25 | by ( Jessica Orwig | ) www.businessinsider.com time to read: +5 min

The nuclear fusion prototype generates a glowing orb of plasma. Nuclear fusion reactors that can generate fusion are usually much larger, like this now-retired Tokamak Fusion Test Reactor at PPPL. It can't produce nuclear fusion, but it can achieve plasma, which is where nuclear fusion takes place and is a major step in the overall process. How Nazoordeen made his nuclear fusion prototype from scratchNazoordeen wasn't afraid to ask for help. Everything you need to make a nuclear fusion prototype can probably fit on your desk (banana included).

Persons: —, Nazoordeen, He'd, Claude, I'd, Nazoordeen Nazoordeen, Uber, Carlos Paz, wasn't, Paz, Soldan, Nazoordeen's, Hudhayfa, he's Organizations: Service, Business, University of Waterloo, PPPL . Princeton Plasma Physics, eBay, Columbia University Locations: PPPL

☆ How I went from community college to a Blackstone internship in just 5 years
▼ + stars: | 2024-09-16 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +9 min

I decided to attend the Bureau of Manhattan Community College to build up my academic skills before eventually transferring to City College. That person suggested I apply to Blackstone's LaunchPad, which gives first-generation college students a chance to experience corporate life through an internship. Before this internship, I had no corporate experience, but now I feel confident because I've succeeded at such a big firm with a good reputation. AdvertisementHere's how I went from being the first person in my family to apply to college shortly after moving to the US to an internship at Blackstone in just a few short years. He referred me to a campus recruiter from Blackstone and also told me about the LaunchPad internship.

Persons: Elian Hilario, Blackstone's, I've, Elian, Braven, Blackstone, LaunchPad, Maura Pally, I'm, we've Organizations: Service, Manhattan Community College, City College, Business, Blackstone, DEI, Diverse, Analysts, Blackstone Charitable Foundation Locations: New York, Dominican Republic, Blackstone's, Blackstone, of New York

☆ Want to work at Goldman Sachs? These are the traits the bank looks for, according to CEO David Solomon.
▼ + stars: | 2024-08-19 | by ( Jaures Yip | ) www.businessinsider.com time to read: +3 min

Read previewGetting a job at Goldman Sachs is even harder than Havard, according to its CEO. In an episode of "The David Rubenstein Show," CEO David Solomon revealed that of over 300,000 applications last year for entry-level jobs out of undergraduate university, the bank hired around 2,500 people — less than 1%. AdvertisementWhile he listed off more classic desirable traits — people who are hardworking, smart, and "believe in excellence" — Solomon emphasized tenacity. In a letter to their 2024 summer internship cohort, Solomon advised them to "embrace your unique skills and experiences." AdvertisementThe investment bank received a record-breaking 315,126 applications for its 2024 internship program, admitting only 2,700 spots — slightly less than 0.9%.

Persons: —, Goldman Sachs, Havard, David Rubenstein, David Solomon, Solomon, — Solomon, Rubenstein, Goldman, Robbie Stankard Organizations: Service, Business, Colombia University

☆ She hit it off with the guy she met at the bar on vacation. Then he sent her an unexpected text message
▼ + stars: | 2024-08-02 | by ( Francesca Street | ) edition.cnn.com time to read: +18 min

And then, on her second night in Rome, Skyler crossed paths with Giuseppe Morisani in a busy bar. As soon as he met Skyler, Giuseppe started daydreaming about showing her around his home region and – most importantly – introducing her to his mother. He just had one complaint: the lack of Calabrian olive oil. In time, this first spark of an idea became EXAU Olive Oil – a successful olive oil company operated by Giuseppe and Skyler. “I wouldn’t have started EXAU, our olive oil company, if we hadn’t met just that day… I just feel happy.

Persons: Giuseppe Morisani, Skyler Mapes, She’d, Giuseppe, “, ” Skyler, Skyler couldn’t, ”, Skyler, she’d, ‘, Giuseppe didn’t, Skyler didn’t, Giuseppe –, –, Giuseppe gushed, who’d, he’d, Calabria Skyler, Giuseppe’s, we’d, didn’t, Giuseppe Morisani Skyler, ” “, ” Giuseppe, Skyler hadn’t, Giuseppe couldn’t, Oprah Winfrey, Olive, we’re, Skyler’s, they’ve, hadn’t, “ I’m Organizations: CNN, Google, CNN Travel, Familia, Fine Arts, Forbes, Olive Oil, US Locations: Rome, Calabria, Barcelona, Spain, Europe, Italy, Calabria –, California, Amsterdam, Netherlands, United States, San Francisco, ”, Southern Italy, Texas

☆ Meet the Roadmap Generation: High-achieving Zoomers are taking an aggressive, long-term approach to planning their careers
▼ + stars: | 2024-07-13 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +10 min

AdvertisementBusiness Insider spoke with two members of the Roadmap Generation and several of the HR professionals and executives who hire and oversee them. Many members of the Roadmap Generation are trying to set themselves up for future financial success by starting and stoking their portfolios early. Ambitious young professionals are prioritizing skills development early in their careers in the hopes of finding future success. Tom WernerFor all of their clear-eyed assuredness, however, the Roadmap Generation is also open-minded and curious, older bosses said. Dhunjisha agreed and suggested there's a simple way for a company to keep its Gen Z employees long-term.

Persons: —, Javi Galarce, Galarce, Z, Astad Dhunjisha, Dhunjisha, Gen Z's, Gen Z, Gen, Cassie Fields, Fields, Dia Dipasupil, Austin Curtis, Curtis, We're, Mark Pierce, Pierce, Tom Werner, Zers, Jon Hill Organizations: Service, University of Iowa, Business, Deloitte, University of Oklahoma, Wyoming Trust Locations: Texas

☆ A Texas Gen Xer explains why he regrets going to college in his 40s
▼ + stars: | 2024-07-09 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +7 min

Read previewIn 2018, at age 40, Kenneth Ferraro decided to pursue a college degree for the first time. Ferraro, who's based in Texas, had worked as a truck driver for decades, he told Business Insider via email. The perceived benefits of a college degree have led more Americans to go back to school later in life. Related storiesFerraro shared the biggest challenges he's faced in his job search, including why he thinks having a college degree has sometimes worked against him. While having a college degree improved his credentials, he thinks his age has held him back in the job market.

Persons: —, Kenneth Ferraro, Ferraro, who's, Ferraro's, he's, it's, " Ferraro, wasn't Organizations: Service, Business, New York University, Bureau of Labor Statistics, National Center for Education Statistics, New York Fed Locations: Texas

☆ Confessions from 5 women who've dated men in finance
▼ + stars: | 2024-07-04 | by ( Maria Noyen | ) www.businessinsider.com time to read: +14 min

Read previewLast week, I went looking for women dating men in finance. Here, five women with firsthand experience dating a man in finance share their experiences. Some women dating men with demanding jobs discussed the challenges, from getting stood up due to work running late and endless conversations about golf and money. AdvertisementShe said she understands why people trying to pursue relationships with men in finance might wonder: "Does this guy even like me? He's been 'saving' his entire life for meAniesia Williams — a 43-year-old entrepreneur and chief client officer for a tech firm Epigen — had little experience dating men in finance.

Persons: —, Megan Boni, Boni, David Guetta, Finance Bro, Boni's TikTok, They're, Cristina Vanko gravitates, Vanko, Goldman Sachs, Spencer Platt, bro, Weren't, they've, Bro, Bob Thomas, Getty, Summer, she's, hasn't, it's, TikTok, He's, Aniesia Williams, Epigen —, Williams, Dennis Morrow, Morrow, Aniesia Williams Williams Organizations: Service, Trust, Business, Finance, League, Labor Statistics, JPMorgan, Getty, Rolex, Washington DC, Hamptons, BI, Bank of America Locations: Patagonia, United States, NYC, Berlin, Los Angeles, Chicago, Boston, Washington, Bumble, Raleigh , North Carolina, Charlotte, Raleigh

☆ 2 Goldman Sachs interns share their Wall Street experience and secrets for success, from early mornings to overcommunicating
▼ + stars: | 2024-06-21 | by ( Emmalyse Brownstein | ) www.businessinsider.com time to read: +13 min

Stankard should know — he's a rising senior now, but this will be his second summer interning for Goldman's sales and trading division. "I've always been interested in business generally," said Young about her decision to intern with Goldman last summer. For sales & trading interns like him, the summer is different — they split their nine weeks between two "pods" within the division. Dan Dees Goldman SachsA summer at Goldman is hard workTraders are known for having early work schedules to get ahead of the trading day and clients' needs. Goldman interns mingle Emmalyse BrownsteinAdvice for other interns and applicantsStanding out is hard in the application process.

Persons: —, Goldman Sachs, Anna Kouba, Goldman, Robbie Stankard, He's, Stankard, you've, Willow Young, Goldman Young, I've, Young, Dan Dees, Dees, Tony Pasquariello, Lucy DeStefano, he's, Lucy, they're, Dan Dees Goldman Sachs, it's Organizations: Service, Business, Goldman, Columbia University's, Stanford University, Financial, Group, FIG, Bloomberg, Soros Fund, CNBC, Investment, Wall Locations: Jersey, California, Chicago, New York, Westwood , Massachusetts

☆ I help tired moms take care of their newborns at night on top of my day job. It's hard but rewarding work.
▼ + stars: | 2024-06-19 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +4 min

Read previewThis as-told-to essay is based on a transcribed conversation with Jessica Hall, a night nanny and occupational therapist in Chicago. I'm now the clinic lead and oversee physical therapy, social work, occupational therapy, and speech therapy. AdvertisementI started working as a night nanny on the sideHall said it was rewarding to help parents who were struggling with balancing their newborns and going back to work. Related storiesI needed to know about pediatrics and child development for my occupational therapy training. I did night nanny shifts two or three times a week, though sometimes I did it five times a week.

Persons: —, Jessica Hall, I've, I'm, I'd, It's Organizations: Service, Business Locations: Chicago, Arizona, Illinois

☆ This 27-year-old says she makes 6 figures running a California fast-food joint: 'It's been life-changing for my family'
▼ + stars: | 2024-06-18 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +1 min

Monique Pizano, 27, is a general manager of a Raising Cane's branch in California. The college graduate says she can make as much as $174,000 in a year, per The Wall Street Journal. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementMonique Pizano's decision to work for Raising Cane's instead of taking a regular desk job has paid off handsomely. The 27-year-old college graduate told The Wall Street Journal in a report published on Monday that she makes as much as $174,000 a year working as a general manager at the fast-food chain.

Persons: Monique Pizano, —, Monique Pizano's, Cane's, Pizano, interning Organizations: Street, Service, Wall Street, Business Locations: California, Japan, Riverside , California

☆ This Gen Z Google intern is spending her third summer at the tech giant. Here are her tips for securing a return offer.
▼ + stars: | 2024-06-16 | by ( Ana Altchek | ) www.businessinsider.com time to read: +4 min

This summer, she's working with Google Photos on the Android development side in New York City. Qi recommends applying for a Google internship sooner rather than later, as she feels there can be an advantage to interviewing early in your college career. At the end of each internship, Qi said hosts have to complete a review of how the intern performed. Advertisement"I was walking through all the offices and I would be stunned, my jaw on the floor every day," Qi said. Socialize with your teamInternational Intern Day in 2023 is one of many events that Google offers.

Persons: —, Nancy Qi, she's, Qi, She's, Nancy Qi Qi Organizations: Service, Columbia, Google, Google's, Business, Nancy Qi Google Locations: New York City, Sunnyvale

☆ Stylist Holly White got her start waitressing and interning at Vogue. Now, she's transforming 'Bridgerton' actors into fashion stars.
▼ + stars: | 2024-05-17 | by ( Amanda Krause | ) www.businessinsider.com time to read: +7 min

Read previewWearing a school uniform never worked for Holly White. "I was assisting fashion assistants, and I knew immediately that I'd fallen in love with styling," White said of her time at the magazine. India Amarteifio and Holly White. Charithra Chandran attends a Vogue and Netflix event in a look styled by Holly White. "We're having conversations about the directions we want to go, when we want to push certain silhouettes, what we want to say with certain looks," White said.

Persons: —, Holly White, White, I'd, Mary, Kate, Ashley Olsen, Tim Walker, wasn't, Luke Newton, Tom Hiddleston, Loki, Milly Alcock, Holly White White, Amarteifio, Tolu Coker, India Amarteifio, Kayla Oaddams, Charithra Chandran, Jeff Spicer, Newton, They've, Luke, Jamie McCarthy Organizations: Service, Business, London College of Fashion, Vogue, Netflix, Newtown, Getty Locations: London, India, British, Nigerian, Amarteifio

☆ I got offers from Microsoft, Meta, and Google. Here's why I chose Google.
▼ + stars: | 2024-04-27 | by ( Ana Altchek | ) www.businessinsider.com time to read: +5 min

A recent tech grad received offers from Google, Meta, and Microsoft. Meta initially offered $210,700 in total compensation, but Google offered other appealing benefits. Right as I was about to accept my offer from Meta, Google let me know that they found a match for me. I would have chosen Google either wayIf Google didn't increase its total compensation offer, I would've had a really tough decision to make. Before college and working in tech, Google was a name that stood out to me.

Persons: —, FANG, Meta, would've Organizations: Google, Microsoft, Meta, Service, Facebook, Netflix

☆ I landed a job working for Oprah by treating my interview like dating. A truthful thank-you note sealed the deal.
▼ + stars: | 2024-03-27 | by ( ) www.businessinsider.com time to read: +8 min

He said a thank-you note that he delivered right after his interview helped him land the job. Boodie believes a handwritten note after a job interview could be stronger now than ever before. AdvertisementAfter a job interview, never underestimate the power of a thank-you note. Also, while working for the company, I saw firsthand how candidates who wrote thank-you cards or notes stood out from those who didn't. 2010 photo of Oprah gifting all of her staff $10,000 checks each for the success of Oprah Magazine celebrating 10 years.

Persons: Jeff Boodie, Oprah, Boodie, —, Oprah Winfrey's, Nancy Denholtz, Nancy, Oprah wasn't, I'm, Oprah Winfrey, Gayle King, I'd, Gayle, Oprah gifting Organizations: Service, Oprah Magazine, Hearst Corporation, Interning, Hearst, Nancy, ConnectUp Media, Oprah, ConnectUp Media Agency

☆ I worked for Oprah for 3 years. Here's how a thank-you note after my interview helped me land the job.
▼ + stars: | 2024-03-27 | by ( ) www.businessinsider.com time to read: +7 min

Read previewAfter a job interview, never underestimate the power of a thank-you note. Following the interview, I went to the lobby and wrote a thank-you note while the specifics of our discussion were still fresh in my mind. I wrote a thank-you note infused with authenticity and purposeI always looked at interviews like dating. I wrote the thank-you note to include specifics about the job description we discussed and expressed how and why I was prepared for the job. 2010 photo of Oprah gifting all of her staff $10,000 checks each for the success of Oprah Magazine celebrating 10 years.

Persons: —, Oprah Winfrey's, Nancy Denholtz, Nancy, Boodie, Oprah, Oprah wasn't, I'm, Oprah Winfrey, Gayle King, I'd, Gayle, Oprah gifting Organizations: Service, Oprah Magazine, Hearst Corporation, Interning, Hearst, Business, Nancy, ConnectUp Media, Oprah, ConnectUp Media Agency

☆ How creators are using long-form writing to build community and combat the uncertainty of short-form video
▼ + stars: | 2024-03-25 | by ( Marta Biino | ) www.businessinsider.com time to read: +7 min

AdvertisementBuckle is part of a group of creators that has turned to slower, longer types of content that don't live on social platforms. Turning to long-form content — in writing, but also through podcasts, community platforms like Patreon, and YouTube videos — has been a way for creators to counter this. AdvertisementFor some creators, long-form content is also a way to slow down their relationship with their audiences and build stronger connections. Alexandra Hayes Robinson recently started the newsletter Hello Hayes after finding success on TikTok. Alexandra Hayes RobinsonWritten content is a way for creators to build 'community'The idea of "community" has become central to the creator economy, and long-form content can help foster it.

Persons: —, Lesley Buckle, interning, Instagram, . Buckle, Buckle, it's, Dylan, Annie Openshaw's, Rafy Evans, Alexandra Hayes Robinson, Hayes, Emma Brooks, She's, Annie Openshaw —, Openshaw, Jessamyn Stanley, Ashley Batz, Thomas Walters, Julianne Fraser Organizations: Service, Business, Porter Magazine, Infinity Creative Agency, TikTok, Google, Buckle, Dollar, New Locations: Marie Claire, virality, Europe, New York

☆ Opinion: Biden gave the speech of his life
▼ + stars: | 2024-03-08 | by ( Opinion Cnn Contributors | ) edition.cnn.com time to read: +29 min

CNN —CNN Opinion asked political and policy contributors to weigh in on President Joe Biden’s State of the Union address. David Gergen: Biden just rewrote the presidential racePresident Joe Biden not only delivered perhaps the best speech of his life last night; he may have also changed the race itself. Roxanne Jones: Biden finally sounds like he’s ready to fightPresident Joe Biden finally has my attention. At the end of his speech, Biden reminded voters that he “grew up among working people” in Scranton. In his State of the Union speech, Biden had to answer the mail on all of these.

Persons: Joe Biden’s, David Gergen, Biden, Joe Biden, —, Carrie Sheffield, Carrie Sheffield Barry Morgenstein, Donald Trump’s, pandered, Sophia A, Nelson, Trump, Sen, Andrew, ”, Donald Trump, Harris, Daniel McCarthy, Trump President Joe Biden, Daniel McCarthy Biden, Ronald Reagan, Bill Clinton, wasn’t, he’s, haven’t, Cori Bush, Rashida Tlaib, Bernie Sanders, Nikki Haley, Trump couldn’t, Reagan, Roxanne Jones, ” Biden, Smart, Jill Filipovic, Mike Johnson, David A, Vladimir Putin, Putin, ” David A, Benjamin Netanyahu, “, SubStack’s, Paul Sracic, It’s, White, Paul Sracic Arne Hoel It’s, Hillary Clinton, Joe, ” Paul Sracic, Raul A, Reyes, ” Raul A, Marjorie Taylor Greene’s, Laken Riley, Mark Zandi, Mark Zandi Moody's, Ana Marie Cox, Ana Marie Cox Faith Fonseca, Biden’s, Dobbs, Roe, Wade, Peter Bergen, George W, Bush, Vladimir Putin’s, –, beefed, Gazans Organizations: CNN, David Gergen CNN, Union, Harvard Kennedy School, Gallup, NATO, Democratic, Republicans, Trump, Independent Women’s, United States Senate, Biden, Congressional, Trump President, South Carolina Gov, GOP, Republican, Conservative, The Spectator, Syndicate, Big Pharma, Companies, American, Democrats, Twitter, NATO —, Israel, New York Times, CBS News, Democratic Party, United Auto Workers, Youngstown State University, Hudson Institute, Reyes CNN, Border Patrol, Georgia, ” Progressives, Pew Research Center, White, USA, Moody’s Analytics, Ana Marie Cox Faith, Jackson, Peter Bergen CNN, US Senate, New, Arizona State University Locations: Joe Biden’s State, America, United States, State, Gaza, Israel, New York, Ukraine, ”, American, China, Iran, Europe, Asia, Chicago, Scranton , Pennsylvania, Belvidere , Illinois, Scranton, Claymont , Delaware, Delaware, Ohio, Washington , DC, Georgia, Alabama, Austin, Iraq, New America

☆ Moneyball-Plus: What Happens When Investors Treat Athletes Like Startups
▼ + stars: | 2024-01-28 | by ( Joseph Bien-Kahn | ) www.businessinsider.com time to read: +27 min

What if athletes could sell a percentage of their future earnings to investors, the same way tech entrepreneurs offer a stake in their promising new ideas in return for venture capital? "We look at the game very, very differently than everyone else," Schwimer tells the pitcher. Finlete is launching a fund that allows fans to buy shares in a prospect's future earnings. What if you could sell a share of your future earnings, he asked, for $10,000? Today, he says, more than 80% of the players BLA has invested in are outside the league's top 300 prospects.

Persons: They're, Michael Schwimer, —, Schwimer, BLA, haven't, Fernando Tatis Jr, We've, it's, Daniil, David Liberman, Garrett Broshuis, he'd, He'd, Houdini, Christian Petersen, Erik Kratz, Kratz, Cole Hamels, Hamels, Sean M, Marvin Bush, George W, Bush, Paul DePodesta, bankroll BLA's, Bill Miller, Miller, HBO's, Michael, Jeff Bezos, Bezos, I'd, I'm, Steven Duncker, Goldman Sachs, Elly De La Cruz, Dylan Buell, phenom, Scott Boras, Yermín Mercedes, Francisco Mejía, countersue Mejia, Gervon Dexter, they're, Dexter, Wharton, He's, he'll, isn't, scoffing, he's Organizations: Philadelphia Phillies, Big League, San Diego Padres, Benchmark Capital, Sports, Wharton Sports Business, MLB, University of Virginia, Partners, Phillies, Getty, AAA, Arizona Fall League, Ritz Carlton, Cleveland Browns, Dodgers, Cleveland Indians, Big League Advance, Chicago Bears, University of Florida, Huntsman, NCAA Locations: Maryland, Philadelphia, United States, baseball's, Latin America, America, Dominican Republic, Cleveland, Florida

☆ The inventor of Wall Street's favorite recession indicator predicts a slowdown this year - and slams the Fed for making things worse
▼ + stars: | 2024-01-26 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

"The model is forecasting lower economic growth in 2024 and I believe that will be realized," Harvey said, predicting a slowdown this quarter that will continue into the summer. AdvertisementHarvey also called on the Fed to end its inflation fight, arguing price growth has already normalized based on real-time housing data. "What the Fed has done in this cycle has made things worse, so we will be very fortunate to get out of this with slow growth." That could slow economic growth in the short term but prevent a full-blown recession later, he said. On the other hand, he argued the US should aim to accelerate economic growth to 5% by capitalizing on innovations like artificial intelligence and decentralized finance.

Persons: Campbell Harvey, Julia Roche, Harvey, hasn't, it's Organizations: Service, Federal, Business, Duke University, Fed

☆ Malia Obama at Sundance: A Fledgling Filmmaker Makes Her Debut
▼ + stars: | 2024-01-26 | by ( Kyle Buchanan | ) www.nytimes.com time to read: +1 min

If you’re a celebrity seeking to rebrand, the Sundance Film Festival can offer a useful assist. From Marvel superheroes seeking an indie turn to teenage movie stars hoping to segue into spicy adult roles, the snowy event is the perfect place to debut a new direction. This year’s big rebrand was so skillfully executed that many people I ran into here at Sundance didn’t even know it had happened at all. If they had, we might have gotten a mob scene at one of the typically sedate short-film showcases, where an 18-minute project called “The Heart” premiered from a fledgling filmmaker credited as Malia Ann, though she’s much better known as Malia Obama, the daughter of the former president. “You’re Obama’s daughter.

Persons: Malia Ann, Malia Obama, Obama, Donald Glover, “, ” Glover, “ You’re, ” Organizations: Sundance, Marvel, Weinstein Company, Harvard, GQ

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