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"I lost weight, but it wasn't in the healthiest way. AdvertisementXavier lost 100 pounds in high school on a restrictive diet, but it was "unsustainable," he said. Benji Xavier lost 100 pounds by making healthier versions of his favorite foods at home. AdvertisementXavier has maintained his weight loss by making healthy lifestyle changes. He has "cheat days," and eats whatever he wants on holiday without feeling guilty because he knows he'll return home to a healthy lifestyle.
Persons: , Benji Xavier, Xavier, He's, unconfident, It's, he'll, it's, I'm Organizations: Service, Business, Centers for Disease Control, CDC Locations: New Jersey
I tried several personal wellness experiments, such as intermittent fasting, polyphasic sleeping, and cold plunges. I always assumed that doing better at work meant adding a better project, a bigger promotion, or a brilliant new job entirely. Focusing on the day-to-day problems at work helped me stay present in my life — better than any of my personal wellness experiments. AdvertisementAlthough I plateaued with the life hacks, tweaking how I work day-to-day has led to endless gains. I still work hard, but now I work better.
Persons: , I'm, Rachel, Tim Ferriss, I'd, It's, I've Organizations: Service, Business Locations: Toronto, Airbnb
Elijah Nouvelage | Afp | Getty ImagesHow the LIFT Act could look todaySince the LIFT Act was first proposed in 2018, the cost of living has only skyrocketed, hitting working-class Americans especially hard. However, funding such a tax credit now could be tough amid growing concerns over the federal budget deficit. The advantage of the LIFT tax credit, said D'Acunto, is that it doesn't create the same market distortions the rent cap would ignite. Child tax credit is a 'huge priority' for DemocratsLIFT was first proposed years before Congress temporarily expanded the child tax credit during the Covid-19 pandemic, which could now be a bigger priority, experts say. Harris described the child tax credit changes as one of the "most important" and "most impactful" parts of the legislation in a 2021 speech.
Persons: Kamala Harris, Elijah Nouvelage, Tomas Philipson, Joe Biden's, Laura Veldkamp, Harris, Donald Trump, Francesco D'Acunto, Biden, Karl Widerquist, Jacob Channel Organizations: Democratic, Afp, Getty, White House Council, Economic Advisers, CNBC, Columbia University Business School, Georgetown University, D'Acunto, Federal, Plus, American Rescue Plan, Columbia University, . Census Locations: Atlanta , Georgia, Atlanta
The US economy added 206,000 jobs in June, the Bureau of Labor Statistics reported July 5, a small dip from May’s tally of 215,000 jobs. Inflation rates are nowhere near the pandemic-era peak reached in June 2022, when US inflation hit 9.1%, its highest annual rate in more than 40 years. As of last month, annual inflation was 3%, down from 3.3% in May, according to the Consumer Price Index. But the legislation comes as some manufacturing jobs have also been cut due to outsourcing. Manufacturing jobs across the country have plateaued at 13 million employees after recovering from a sharp pandemic-related downswing in 2020, according to data from the Bureau of Labor Statistics.
Persons: Joe Biden, , Biden, Jobs, aren’t Organizations: New, New York CNN, Democratic, of Labor Statistics, Federal Reserve, Fed, Consumer, Index, “ Companies, White House, Bureau of Labor Statistics Locations: New York, America, United States, China, Arizona , Colorado , New Mexico , Oregon, Texas
The Myth of Migrant Crime
  + stars: | 2024-07-18 | by ( German Lopez | ) www.nytimes.com   time to read: +1 min
Throughout the first three days of the Republican National Convention, officials have highlighted a surge in what they call “migrant crime.” President Biden “has welcomed into our country rapists, murderers, even terrorists, and the price that we have paid has been deadly,” Gov. The day before, Senator Ted Cruz of Texas said, “Every day, Americans are dying” in crimes committed by migrants. But there is no migrant crime surge. In fact, U.S. rates of crime and immigration have moved in opposite directions in recent years. And after illegal immigration spiked in 2021 and 2022, murders plateaued and then fell.
Persons: , Biden “, Greg Abbott, Texas, Ted Cruz of, Donald Trump, plateaued, Ashley Wu Organizations: Republican National Convention Locations: Ted Cruz of Texas, U.S
Read previewTikTok may be Gen Z's favorite jukebox, but YouTube shorts is quickly gaining steam among music listeners, per a new report from entertainment-industry data firm Luminate. When making a short, creators can add copyrighted music to videos using the YouTube shorts audio library. TikTok is still the go-to platform for music marketers looking to drive attention to songs. YouTube shorts may still be a tough sell for some marketers, however. YouTube is a major hub for long-form music content, and its shorts feature could help drive fans to artists' music videos and other original content, said Johnny Cloherty, CEO of the music-marketing firm Songfluencer.
Persons: , TikTok, Olivia Rodrigo, Drake, Lyor Cohen, Simon Friend, Friend, Johnny Cloherty, Cloherty Organizations: Service, Business, Universal Music, Facebook, YouTube Locations: TikTok
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. After a 13-year tech career, I founded Curio, a subscription book club that fosters bilingual learning in children. Early in my career, I held positions as a software engineer at Morgan Stanley, Redi Technologies, and Amazon. I then worked at a startup and AppNexus before becoming the senior engineering manager and head of search engineering at Slack. I work more hours than I did at SlackI have more flexibility than at Slack, but my working hours are longer.
Persons: , Hera Wentong Li, Morgan Stanley, Slack, Curio, Kimberly Atiyeh, we're, Kimberly, strategize, I'm Organizations: Service, Cornell, Business, Redi Technologies Locations: New York City, Singapore
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Early in my career, I held positions as a software engineer at Morgan Stanley, Redi Technologies, and Amazon. I then worked at a startup and AppNexus before becoming the senior engineering manager and head of search engineering at Slack. In my early years, we grew rapidly, I loved my job, and the high salary was a nice bonus. I work more hours than I did at SlackI have more flexibility than at Slack, but my working hours are longer.
Persons: , Hera Wentong Li, Morgan Stanley, Slack, Curio, Kimberly Atiyeh, we're, Kimberly, strategize, I'm Organizations: Service, Cornell, Business, Redi Technologies Locations: New York City, Singapore
New York CNN —John Deere announced it will lay off about 600 employees across three US factories as the Illinois-based company shifts production to a newly planned facility in Ramos, Mexico. In total, the three factories have roughly 4,175 production and maintenance employees. The Illinois factory primarily produces harvesting equipment such as combines, while the two Iowa factories manufacture construction and forestry equipment. “We do expect incremental demand decline in the back half of 2024,” Josh Beal, the company’s director of investor relations, said in the May earnings call. At the same time, manufacturing jobs across the country have plateaued at 13 million employees after recovering from a sharp pandemic-related downswing in 2020, according to data from the Bureau of Labor Statistics.
Persons: John Deere, Deere, , Josh Beal Organizations: New, New York CNN, CNN, Department of Agriculture, Bureau of Labor Statistics Locations: New York, Illinois, Ramos, Mexico, Iowa, Dubuque, Davenport, East Moline , Illinois, United States, South America, Europe, North America
Tesla shares are likely to take a hit in the third quarter as the company's strategy of boosting sales by slashing prices loses steam, according to Wells Fargo. TSLA YTD line Tesla Wells Fargo has an underweight investment opinion on Tesla and a price target of $120 per share, implying nearly 40% downside from Friday's close of $197.88. has plateaued, and Tesla faces aggressive competition in China from companies such as BYD, leaving "little immediate levers to pull to increase volumes," the Wells Fargo analysts said. The research team is also worried about the demand and profit margins for Tesla's smaller, mass-market Model 2. "We are cautious on margins given likelihood of more price cuts & lower volumes," the Wells analysts said.
Persons: Colin Langan, TSLA, Tesla Organizations: U.S . Electric, Wells Locations: Wells Fargo, EU, China, U.S
The real-estate market could soon see a major "leg down," the strategist Chris Vermeulen said. "People don't realize real estate is primed and ready for another major leg down," he said. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAmerica's real-estate market could be in for a big correction, the veteran strategist Chris Vermeulen said. The chief market strategist of The Technical Traders pointed to worrying signals flashing in the real-estate sector, as borrowing costs look poised to stay higher for longer.
Persons: Chris Vermeulen, Organizations: Service, Business
The real estate market could soon see a major "leg down," according to strategist Chris Vermeulen. "People don't realize real estate is primed and ready for another major leg down," he said. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAmerica's real estate market could be in for a big correction, according to veteran strategist Chris Vermeulen. The chief market strategist of The Technical Traders pointed to worrying signals flashing in the real estate sector as borrowing costs look poised to stay higher for longer.
Persons: Chris Vermeulen, Organizations: Service, Business
Support for same-sex marriage continues to fall among Republicans, new Gallup polling shows. Overall support for same-sex marriage has seemingly plateaued at about 70%. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementSupport for same-sex marriage among Republicans continues to slide. Support for same-sex marriage peaked at 55% among Republicans in 2021 and 2022.
Persons: Organizations: Gallup, Service, Republicans
HBO Could Use a Hit. Enter the Dragons.
  + stars: | 2024-06-13 | by ( John Koblin | ) www.nytimes.com   time to read: +1 min
The dragons are back. On Sunday, “House of the Dragon,” the “Game of Thrones” prequel series, will return to HBO for its second season. There have been disappointments (the music drama “The Idol” and the Kate Winslet-starring limited series “The Regime,” for instance), and delayed premieres because of the double Hollywood strikes last year. According to one widely used industry metric, Max, the 13-month-old streaming service that houses HBO’s shows, has plateaued during that time. But in contrast to previous years, shows from HBO and Max will not be favorites in some of the major categories, including drama, a category that HBO dominated at the most recent Emmys.
Persons: Kate Winslet, , Max Organizations: , HBO, Hollywood, Warner Bros Locations:
An employee arranges gold bars for a photograph at the YLG Bullion International headquarters in Bangkok, Thailand. The gold mining industry is struggling to sustain production growth as deposits of the yellow metal become harder to find, according to the World Gold Council. According to data from the international trade association, mine production inched up only 0.5% in 2023 compared to a year ago. In 2022, the growth was 1.35% year on year, the year before it was 2.7%, while in 2020, global gold production logged the first decline in a decade, sliding 1%. New gold deposits are becoming harder to find around the world as many prospective areas have already been explored, he elaborated.
Persons: We've, we've, John Reade, Reade Organizations: World Gold Locations: Bangkok, Thailand
How AI could supercharge the Vision Pro
  + stars: | 2024-06-04 | by ( Samantha Murphy Kelly | ) edition.cnn.com   time to read: +9 min
It could also boost sales of the pricey Vision Pro, which has reportedly and unexpectedly received a production cut. During its most recent earnings call, CEO Tim Cook said more than half of the Fortune 100 companies have already bought an Apple Vision Pro. But while it’s unclear when generative AI will come to the Vision Pro, Nygugen said: “It’s only a matter of time.”That’s because the Vision Pro is merely just another interface – much like a tablet, laptop, or watch, that touches Apple’s ecosystem. The Vision Pro, the tech giant's $3,499 headset, is its first major release since the Apple Watch nine years ago. “Vision Pro just came out a few months ago and it needs to get its feet under it before it really starts to take off,” Llamas said.
Persons: it’s, Tim Cook, It’s, Siri, , Tuong, , Nygugen, ” Nygugen, Angela Weiss, Ming Chi, Kuo, Jeremy Bailenson, Bailenson, Ramon Llamas, Apple, ChatGPT – Organizations: CNN, Developers, Google, Samsung, Vision, Fortune, Apple Vision, Gartner, Apple, Apple Watch, Getty, Vision Pro, Stanford, VR, IDC, Microsoft, Locations: Cupertino , California, New York City
According to the CCP's plan, by 2020, China was supposed to have "achieved iconic advances in AI models and methods, core devices, high-end equipment, and foundational software." Censorship requirements may slow China's AI development and limit the commercialization of domestic models, but they will not stop Beijing from benefiting from AI where it sees fit. We're not seeing a huge gap between the models Chinese companies have been able to roll out. The current price war is a race to the bottom, similar to what we've seen in the Chinese technology space before. A race to the bottom may simply beggar China's AI ecosystem.
Persons: Xi Jinping, China doesn't, there's, Beijing's, Reva Goujon, We're, It's, ChatGPT, Xie Huanchi, couldn't, you'll, , Kenneth DeWoskin, it's, Matt Sheehan, they're, chatbot, Sheehan, Ernie Bot, There's, Alibaba, ByteDance's, Paul Triolo, Albright, we've, haven't, DeWoskin, Sam Altman, Elon Musk Organizations: Chinese Communist Party, CCP, Intelligence, Cyberspace Administration, Getty, Freedom, University of Michigan, Deloitte, CAC, Carnegie Endowment, International Peace, Baidu, Bloomberg, Companies, Brookings Institution, Beijing, The Commerce Department Locations: China, Beijing, China's, Hong Kong, Xinhua, , Washington, Brussels, Berlin, Taiwan, US, Xinjiang
Visit to the chatbot's website peaked in May of 2023 and had stagnated since then. A year later, the website is on track to far surpass that, averaging about 77 million daily visits so far this month. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAfter a year of stagnation, OpenAI's ChatGPT is on track to set a new record for web traffic this month. In the first three weeks of May, the website for OpenAI's popular chatbot averaged about 77 million daily visits and is on track to surpass 2.3 billion total visits for the month, according to data from web analytics company Similarweb.
Persons: ChatGPT, , Scarlett Johansson Organizations: Service, Business
Read previewThis as-told-to essay is based on a transcribed conversation with Rebecca Cafiero, 44, from Palo Alto, California, about deleting work-related communication apps from her phone. I was on my phone, and my son, who was six then, wanted me to play a game with him. I started by setting screen limits and eventually deleted work-related communication apps from my phone. AdvertisementI used to wake up and check my emails immediately, but I no longer let communication apps control my day. I've since deleted about a third of the apps I used to have on my phone, as I felt I wasn't even using them.
Persons: , Rebecca Cafiero, Slack, It's, I'd, I'm, it's, I've Organizations: Service, Business, Google Locations: Palo Alto , California, Silicon Valley
That was the promise of Cerner, the medical-records company Oracle bought in 2021 for $28.3 billion — Oracle's biggest acquisition. At the time, Cerner managed the electronic health records for a quarter of all American hospitals, including those run by the Pentagon and the Department of Veterans Affairs. Larry EllisonCerner's electronic records, in short, were a deadly disaster for the VA. Never mind the futuristic, AI-driven healthcare system Ellison envisioned. In 2015, it beat out Epic, its main competitor, for a $4.3 billion contract to handle electronic health records for the Defense Department. It had agreed to process tens of millions of crucial medical records, but it couldn't handle the subsequent deluge of data.
Persons: Larry Ellison's, Ellison, Cerner, I'm, Larry Ellison, Neal Patterson, Cerner's, Patterson, Ellison's, they're, David Shulkin, Margaret Albaugh, Cerner couldn't, Charlie Bourg, , Larry, Marc Benioff, Ellison protégé, Mike Wilson, David Agus, oncologist, Agus, he'd, Steve Jobs, Sensei, We've, Georges De Keerle, Cerner —, hadn't, Mike Sicilia, Sicilia, Oracle, Anthony Jones Jr, Jones, Donald Remy, didn't, Seema Verma, Neil Evans, Sara Vaezy, Ed Meagher, haven't, Charlie Monroe —, it's, Charlie Bourg —, Bourg, Charlie Monroe, Monroe, Cathy McMorris Rodgers, grandkids, We're, there's Organizations: Oracle's, Oracle, Pentagon, Department of Veterans Affairs, Cerner, RAND Corporation, RAND, Big Tech, GE, Siemens, Cerner Corporation, Defense Department, Department of Defense, Business, Spokane, Ellison Institute of Technology, Microsoft, Agency, Health, Amazon, Veterans ' Affairs, Oracle Health, Navy, Columbus VA, BI, Life Sciences, Intermountain Health, UPMC, DOD, Seabees Locations: Las Vegas, antiaging, Silicon Valley, Spokane , Washington, Cerner, VistA, Bourg, Washington, Sicilia, Ohio, Columbus, Providence, Spokane, Monroe, CloudWorld
CNBC's Jim Cramer hasn't lost hope in Under Armour 's turnaround, despite Thursday's poor quarterly results and a grim outlook. Quarterly revenue for Baltimore-based Under Armour declined 5% year over year to $1.3 billion, in line with Wall Street expectations. On those sales, the company delivered $7 million in net income or earnings per share of 2 cents. UA YTD mountain Under Armour stock performance year-to-date. The Under Armour brand does resonate overseas.
Persons: CNBC's Jim Cramer hasn't, Armour, Jim, Kevin Plank, Plank, Stephanie Linnartz, hasn't Organizations: UA, North America Locations: Baltimore, North
The fall of Gucci was inevitable
  + stars: | 2024-05-03 | by ( Madeline Berg | ) www.businessinsider.com   time to read: +13 min
"We got used to hearing about double-digit growth at Gucci," Fflur Roberts, the head of luxury goods at Euromonitor, told Business Insider. "I think of what a fashion editor is wearing — it's not Gucci," Lindsey Solomon, a fashion publicist, told BI. After taking the top spot on the Lyst Index of fashion's hottest brands in 2022, Gucci dropped to number 11 last quarter. "We still believe the Gucci brand's current growth rate, which is 10 times higher than that of the industry, represents a risk going forward," Morningstar's Sokolova wrote in a 2017 note. Gucci relied heavily on China for its growth, but stores — perhaps including this one in China's Hainan Province — have struggled recently.
Persons: Alessandro Michele's, loafers, Gigi Hadid, Sienna Miller, Steve Madden, ASOS, Sally Singer, Michele, Fflur Roberts, Alessandro Michele, Harry Styles, Billie Eilish, Jared Leto, Kevin Mazur, Bauer, Griffin, Jeff Kravitz, Gucci, Sabato De Sarno, Lindsey Solomon, De Sarno, François, Henri Pinault, China —, Jelena Sokolova, Solomon, Daniele Venturelli, Michele —, Sokolova, It's, Thomas Chauvet, Morningstar's Sokolova, Michele's Gucci, wasn't, Jeremy Moeller, Chauvet, Roberts, Chanel, Gucci's, Gucci hadn't, Hermès, Birkin, Louis Vuitton's Neverfull, Pinault, Louis, Euromonitor's Roberts Organizations: Creative, Gucci, The Recording Academy, Axelle, Morningstar, BI, Citi, Disney, Getty, Revenue, China News Service, Bain, Louis Vuitton Locations: Euromonitor, China, The Asia, Pacific, China's Hainan Province, Asia
CNN —Even though Apple has silenced critics and beaten existential crises before, some fans of its minimalist products and investors in its maximalist stock are nervous. Analysts are expecting low sales figures for the quarter ending March 31 – despite the company beating expectations in the last four quarters. This will be its first earnings report since the launch of its biggest new product in years, its $3,499 mixed reality Vision Pro headset. Market research firm IDC said Apple’s smartphone shipments tumbled a stunning 10% globally in the first quarter of this year. All eyes on AIAccording to David McQueen, research director at tech intelligence firm ABI Research, the company could spark sales growth soon.
Persons: Apple, Ming, Chi Kuo, , , Nabila Popal, David McQueen, OpenAI Organizations: CNN, Apple, IDC, Huawei, Xiaomi, Samsung, ABI Research, Developers Conference, ChatGPT Locations: China, Hollywood
Timothy Gamble left his VP role at Walker & Dunlop to cofound HelloData.ai in 2022. I gathered and normalized real-estate data, but my role quickly expanded, and I was soon in charge of the data infrastructure that processed billions of real-estate data points daily. Related storiesNico left W&D one year before me, but we kept in touch. When I left W&D, we decided it made sense to start a real-estate AI company since we both had an entrepreneurial spirit, strong engineering backgrounds, and real-estate domain expertise. Deciding to leave my VP role was scary but the fear of complacency and the prospect of looking back with regret for not pursuing my passions were far greater motivators.
Persons: Timothy Gamble, Dunlop, cofound, Gamble, , It's, Enodo, might've, Nico Lassaux, Marc Rutzen, Nico, Marc, cofounding, you'll, we're, I've Organizations: Walker, Service Locations: Washington ,, HelloData.ai, Enodo
Amazon's Prime membership hit a record 180 million US shoppers in Q1, according to new estimates. Now a record 75% of Americans use the subscription service. AdvertisementJust over a year ago, Amazon's Prime subscription service looked like it had plateaued. Prime reached a record 180 million US shoppers in the first quarter, data from Consumer Intelligence Research Partners suggests. This story is available exclusively to Business Insider subscribers.
Persons: , It's Organizations: Amazon's, Service, Consumer Intelligence Research Partners, Business
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