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☆ Millennials Big Money Mistake: Holding Cash Instead of Buying Stocks
▼ + stars: | 2024-10-24 | by ( Callie Cox | ) www.businessinsider.com time to read: +10 min

This, despite the fact that younger investors were more optimistic about the economy, their incomes, their living situations, and their investments. Millennial investors have been deeply scarred by two life-changing crises in their young lives. But if you look at hard numbers from the Federal Reserve about what millennial investors actually own, you can see that this stereotype is misguided. When you compare millennials' cash levels with Gen X's cash levels at the same age, though, the risk aversion becomes clear. But when it comes to younger investors, I think the scars run deeper than worries about a coming downturn.

Persons: Cash, it's, millennials, Gen Xers, boomers, There's, would've, you'd Organizations: Bank of, Federal Reserve, University of Michigan, Occupy, Dow, Netflix Locations: eToro, United States, YOLO

☆ 104 Shows. $260 Million. After 10 Years, Billy Joel Closes a Chapter.
▼ + stars: | 2024-07-26 | by ( Caryn Ganz | ) www.nytimes.com time to read: +1 min

There’s a pause before Billy Joel steps onstage each night when he makes the subtle transition from low-key Everyman to world-renowned Piano Man. It’s just a few minutes of “not talking to anybody, not seeing anybody,” he said, mimicking waving off potential distractions. In February, “Turn the Lights Back On,” his first new song in nearly 20 years, joined the set list. Joel, 75, promised to keep the show running as long as there was demand. In total, the run grossed more than $260 million with attendance nearing two million, according to the trade publication Pollstar.

Persons: Billy Joel, It’s, ”, bellowing, screech, shutdowns — Joel, Joel, ” Dennis Arfa Organizations: Madison, Garden, “ Locations: Sag, Long, Manhattan

☆ Food May Be the Last Thing on Your Mind
▼ + stars: | 2024-07-14 | by ( Sam Sifton | More About Sam Sifton | ) www.nytimes.com time to read: +1 min

We scroll our feeds, read endlessly, watch media people talk and talk and talk, listen to them opine. We anger and worry, mourn and resolve, and then return to the scrolling, the reading, the listening. Food doesn’t obviously have a role in our understanding of events playing out on the world stage. We process news together, around tables, in the presence of those we feed, with whom we eat. And when the food on those tables is made with care and served with affection, it has a palliative effect on the psyches of all who consume it.

☆ High inflation made finances worse for 65% of Americans in 2023
▼ + stars: | 2024-05-21 | by ( Alicia Wallace | ) edition.cnn.com time to read: +4 min

The Fed on Tuesday released its Economic Well-Being of US Households report for 2023, examining the financial lives of US adults and their families. Inflation made the financial lives “worse” for 65% of US households, according to the report. Three-plus years of high inflation have taken their toll on Americans’ wallets and their psyches. That was especially true in 2022, when US inflation hit 9.1%, its highest annual rate in more than 40 years. Incomes grew healthily in 2023, but so did spending, the Fed report showed.

Persons: ”, Michelle Bowman, Tuesday’s, they’d Organizations: CNN, Reserve, Tuesday, Household Economics, Survey, ”, Federal Reserve

☆ Opinion: The destruction of Gaza isn’t just physical. It’s psychological as well
▼ + stars: | 2024-05-05 | by ( Opinion Arwa Damon | ) edition.cnn.com time to read: +12 min

A child shrieks in pain in a medical tent at a field clinic in southern Gaza. It is the psychological obliteration: What makes the trauma different in Gaza is the sheer constancy of it. Trauma compounds trauma every single day; there is no respite, not even a brief one. Death and destruction are not unique to the war in Gaza, but the scale and the scope are, as is the intensity and ferocity. Arwa Damon leads an activity with children at one of the shelters where INARA provides services in southern Gaza.

Persons: Arwa Damon, Arwa Damon CNN I’m, We’re, I’ve, “, you’ve, she’s, mumbling, — “, it’s, won’t, Ahmed, ”, doesn’t, Benjamin Netanyahu, Netanyahu, Israel, ” Damon, Gazans, he’s, He’s Organizations: CNN, International Network for Aid, Relief, INARA, Twitter Locations: Gaza, Iraq, Syria, Libya, Afghanistan, Egypt, Israel, Rafah, Cairo, people’s

☆ Lessons From a 20-Person Polycule
▼ + stars: | 2024-04-15 | by ( Interviews Daniel Bergner | ) www.nytimes.com time to read: +17 min

Relationships With More Than One PersonKatie I started by dating somebody on an ENM app who was in a different polycule who was connected to someone in this polycule. He’s married, and his wife and I are metamours, which is simply a word for my partner’s partner. Resources always help, books like “The Ethical Slut” and “Polysecure.” But undoing the monogamous script, the socialization, is really, really difficult. One of their husbands is one of my best friends and occasional sexual partner, and I do have sex with my wives, but we’re not romantically involved. It’s, I’m doing these things, I’m going to be gone for these two weeks, what do you need from me?

Persons: it’s, Katie, Ann It’s, Ashley, Nico, we’re, Katie It’s, Alex, Chris, Bine, He’s, I’d, Nico I, nonmonogamy, aren’t, Ann I’m, I’ve, forevermore, bro, We’d, Robert, Ann’s, I’m, Ann, Let’s, ”, Katie There’s, Fred, Robert We, —, I’ll, She’ll, Ann I, They’re, They’ve, Katie Last, We’re, It’s, they’re, Daniel Bergner, ” Anne Vetter Organizations: Resources, Partners Locations: Boston, Cambridge, Ann, Somerville, Los Angeles

☆ Peer inside Barely Fair, the exhibition where major artists present at miniature scale
▼ + stars: | 2024-04-12 | by ( Jacqui Palumbo | ) edition.cnn.com time to read: +9 min

Roland Miller/Barely FairThat same year, the New York gallery Selenas Mountain showcased Juan Arango Palacios' canvases and woven works. Artists and their galleries are responsible for producing all of the small works, but Barely Fair’s team helps with installation as needed. Roland Miller/Barely FairBarely Fair began as a joke between the co-founders of the artist space Julius Caesar, but they quickly realized its potential as a serious art fair. “And I think that Barely Fair is much more successful at that.”For nascent galleries and artists, Barely Fair is a more accessible way to participate in Chicago’s art week, which draws curators and collectors from around the world. “(It’s) inverting the dynamics of making a monument at small scale,” she said, explaining that Barely Fair “happened to feel almost tailor-made” for her work.

Persons: Anish Kapoor, Barbara Kruger, Yoko Ono, Rebecca Morris, Roland Miller, Juan Arango Palacios, Julius Caesar, ”, Josh Dihle, Tony Lewis, Kate Sierzputowski, ” Miller, “, Ellie Rines, Henry, Daid Puppypaws, Ingrid Olson, Jonas Müller, Miller, Alice Tippit, Evan Jenkins, Julia Fischbach, Fischbach, gallerists, Al Freeman, Rines, Amanda Ross, Ho, Michiko Itatani, Kay Hoffman, Katharine Hamnett, Ross, ” Ross, Price, that’s, Tatjana Pieters, Charles Degeyter, Mae Alphonse Dessauvage, Pieters, ” Pieters, “ I’ve, — Organizations: CNN, Color, Barely, Artists, New, Los, Chicago —, NADA Miami, Miami Art Locations: Chicago, New York, New York City, Los Angeles, Portland, Ross, Belgian, NADA, Ghent, Belgium

☆ Becoming a Cyclist In Her Sixties Changed My Mom’s Life - The New York Times
▼ + stars: | 2024-02-17 | by ( Caroline Paul | ) www.nytimes.com time to read: +2 min

When my mother was 62 years old, she dusted off a clunky Cannondale with Mary Poppins handles and joined a bicycling group. She had no background as an outdoor activity enthusiast: She did not camp or hike, had never, say, paddled a kayak. My friends are simply responding to the very real negative messaging around older women: fading looks, frail bones, cognitive decline, no cultural significance. In one instance, Dr. Levy looked at data from a longitudinal study and came to this astonishing conclusion: Mind-set was the most significant factor determining individuals’ longevity. Dr. Levy’s studies show us that we need to believe fervently in the vitality of our future.

Persons: Mary Poppins, “, Becca Levy, Levy Organizations: Yale

☆ The creepy AI-driven surveillance that may be infiltrating your workplace
▼ + stars: | 2023-11-20 | by ( Clem De Pressigny | ) www.businessinsider.com time to read: +15 min

For companies, EAI may be a gold mine. But that isn't stopping companies from using EAI to spy on their employees, determine how they feel, and identify who should be hired and who should be fired. HireVue, a Utah recruitment platform, began using EAI facial analysis in 2014 as part of its candidate interview process. EAI companies disagree. And if it can't, then companies using EAI to make decisions about hiring or firing someone could be entirely misguided.

Persons: EAI, Gabi Zijderveld, Smith, Zijderveld, Dow Jones, Sarah Myers West, Samu Hällfors, Framery, Hällfors, West, it's, Kat Roemmich, Roemmich, Paul Ekman's, Clem De Pressigny Organizations: Companies, Smart, CBS, Disney, Ikea, Dow, Oracle, Washington Post, Electronic Privacy, Center, LinkedIn, Nvidia, Looksery, Snap Inc, University of Michigan School of Information, Smart Eye Locations: Utah, Munich, Helsinki, Europe, American

☆ Tech Industry Made Americans Lonelier, Now It Has to Help Connect Us
▼ + stars: | 2023-10-10 | by ( David Risher | ) www.businessinsider.com time to read: +11 min

A company that prioritizes product-market fit can build a great, customer-focused business. The venture capitalist Marc Andreessen has said that for startups, product-market fit is "the only thing that matters." I appreciate Marc's wisdom: Great product-market fit produces a sugar high. And that goal is well aligned with the broader social goal of making people less lonely. Over time, it became apparent that this was not a great social fit.

Persons: I'm, Vivek Murthy, Robert Putnam's, Jeff Bezos, I've, Marc Andreessen, It's, haven't, Apple, Eventbrite, David Risher Organizations: Netflix, Apple, Amazon, Lyft Locations: —

☆ Sofia Coppola’s ‘Archive’ features rare photographs of Kirsten Dunst, Emma Watson and Elle Fanning
▼ + stars: | 2023-09-01 | by ( Jacqui Palumbo | ) edition.cnn.com time to read: +4 min

Now Coppola is releasing “Archive,” an anthology of rare behind-the-scenes images and ephemera collected during the making of her movies. Coppola writes in "Archive," that the cast "spent days in night clubs and in Paris Hilton’s closet surrounded by her shoes." Coppola writes, "I love that Elle is really the same person as the girl I met when she was eleven on 'Somewhere'" — Fanning's first film with Coppola in 2010. I could see moments that felt like past films, but hopefully that’s now my style and all of my experience went into this one," Coppola writes. Courtesy the artist/MACKTest images of Kirsten Dunst taken for "The Virgin Suicides."

Persons: Jeffrey Eugenides, Sofia Coppola, Priscilla, ”, Priscilla Presley’s, Elvis, Coppola, Kirsten Dunst, Elle Fanning, “ Marie Antoinette, Taissa Farmiga, Emma Watson, burglarized, MACK Elle Fanning, Elle, Andrew Durham, MACK, ” Coppola, “, Cailee Spaeny, Jacob Elordi, “ Elvis, Priscilla Presley's, fanmail, MACK Bill Murray, Murray, MACK Scarlett Johansson, Stephen Dorff, Kirsten I Organizations: CNN, “, Cannes Locations: Lisbon, Paris, Venice, Graceland, Tokyo

☆ The Hidden Trauma of Ukraine’s Soldiers
▼ + stars: | 2023-08-15 | by ( Nicole Tung | Photographs | ) www.nytimes.com time to read: 1 min

There is a crisis of wounded psyches, in addition to broken bodies, among Ukrainian soldiers. Exhausted physically and mentally, some soldiers have seen horrors on a daily basis that most civilians never do. A handful of centers uses an array of therapies, from talk to swimming and time with animals, to treat the invisible injuries. But those involved say the mental health needs of Ukraine’s troops are far greater than the available treatments, and will be around for years.

Persons: psyches

☆ 'We’re all crazy when it comes to money,' advisor says. How to manage your psyche for better finances
▼ + stars: | 2023-06-15 | by ( Greg Iacurci | ) www.cnbc.com time to read: +2 min

D3sign | Moment | Getty ImagesHuman psychology and money don't mix well. Left unchecked, our psyches can easily sabotage financial decision-making, behavioral experts said during a panel discussion at CNBC's Financial Advisor Summit. "We're all crazy when it comes to money," said Brad Klontz, managing principal of YMW Advisors in Boulder, Colorado, and a founder of the Financial Psychology Institute. Additionally, feelings of shame, such as thinking we have too much or too little money, are pervasive, experts added. It's kind of like a thumbprint, so it's very unique," added Cherry, a CFP and member of the CNBC Financial Advisor Council.

Persons: Brad Klontz, Klontz, Preston Cherry, Charles Schwab, Cherry Organizations: CNBC's Financial, YMW Advisors, Financial, Institute, CNBC Locations: Boulder , Colorado, Green Bay , Wisconsin

☆ Even as inflation rate subsides, prices may stay higher. Here's why
▼ + stars: | 2023-06-02 | by ( Lorie Konish | ) www.cnbc.com time to read: +1 min

The rate of inflation has shown signs of easing, following the highest spike in four decades. Yet the shock of rising prices continues to have an impact on consumers' psyches. The nonprofit think tank's consumer confidence index declined in May amid "gloomy" expectations. Meanwhile, expectations for inflation were stable, but still high, with inflation expected to average 6.1% over the next 12 months. "When anecdotally we ask consumers what's your top concern on the economy, prices and inflation still come out as the top concern," Ozyildirim said.

Persons: Ataman Ozyildirim, Ozyildirim Organizations: The Conference Board, Finance, Social, Conference Board Locations: U.S

☆ A Sweeping Family Saga of Breaking and Mending
▼ + stars: | 2023-05-16 | by ( Eleanor Dunn | ) www.nytimes.com time to read: +2 min

GLASSWORKS, by Olivia Wolfgang-SmithI smashed a bottle while reading Olivia Wolfgang-Smith’s debut novel, “Glassworks.” I had the book in one hand and a container of hair oil in the other, and the bottle slipped, ricocheted off the sink and shattered. “Glassworks” is a panoramic family saga told in four novellas, each peering over the shoulder of the preceding generation. We follow Agnes in 1910; her son, Edward, in 1938; his daughter, Novak, in 1986; and Flip, the daughter of a woman Novak loves, in 2015. The book opens with Agnes Carter, a wealthy donor to a Boston university, who hires Ignace Novak, a naturalist and glassblower, to create scientific models. When Ignace is stung by a honeybee, the pair retrieve its squashed carcass and Agnes starts to draw it.

☆ The Yoga Regimen That Keeps an N.B.A. Forward Centered
▼ + stars: | 2023-04-25 | by ( Scott Cacciola | ) www.nytimes.com time to read: +1 min

The sun was beginning to burn through a hazy sky as Looney propped his iPad against a small metal column, unrolled his black yoga mat and greeted one of the more important figures in his professional life. It belonged to Jana Webb, the creator of a self-styled brand of yoga known as Joga, which she originally conceived as yoga for athletes. Moses Moody, one of Looney’s teammates, was also on the call, dialing in from his apartment near the arena. It was 8:30 a.m., about four hours before Game 4 of Golden State’s first-round playoff series against the Sacramento Kings. “Reach, reach, reach,” she said as Looney, who is 6-foot-9, stood on his toes and extended his arms, a small pool of sweat forming on the mat below.

☆ Bank stocks are now oversold but it's not time to buy the dip just yet, DataTrek says
▼ + stars: | 2023-03-14 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

Bank stocks are now oversold, but it's not time to buy in just yet, DataTrek's Nicholas Colas said. He said regional bank stocks could see more downside, pointing to data in previous financial crises. In a note on Tuesday, the research firm pointed to the plunge in bank stocks on Monday as Wall Street reels from the collapse of SVB. Meanwhile KRE, a regional bank ETF, has plunged 23% over the past 50 trading days, which is 2 standard deviations below its long-run average. Regional banks posted a strong rebound in early Tuesday trading.

☆ I'm a psychologist who helped cast 'Survivor' for years. I weeded out people who might be dangerous or unstable under pressure — here's what I looked for in contestants.
▼ + stars: | 2022-12-07 | by ( John Loeppky | ) www.businessinsider.com time to read: +7 min

Survivor producer Mark Burnett paired with clinical psychologist Richard Levak to design a psychological screening program for "Survivor," and then most of the other reality TV shows too. That's where psychology got its toehold in reality TV. Through this, we get a really good sense for who they are. In my opinion, good 'Survivor' contestants have enough energy to be interesting and exciting on TVIt's not exciting to watch somebody who is fatigued and needs to lay down and rest the whole time. Being on any reality TV show is something you can't prepare for.

☆ A ‘White Lotus’ Mystery: Constant Hotel Dining
▼ + stars: | 2022-12-02 | by ( Jason Gay | ) www.wsj.com time to read: 1 min

One of the great delights on television at the moment is “The White Lotus,” HBO’s comedy-drama about terrible people vacationing in luxurious places. Set in its first season at a Hawaiian resort, and currently at a cliff-side Sicilian hotel (both part of the fictional White Lotus hotel chain), creator Mike White ’s series is a voyage into the empty lives and damaged psyches of the privileged class. Mr. White’s characters, for the most part, are rich maddening narcissists, incapable of joy. I love them all very much.

As a teen, I remember watching “Friends” star Jennifer Aniston host “Saturday Night Live” back in 2004. In the interview, Aniston divulged that all of the speculation was “really hard,” yet that in the midst of it, she kept trying to get pregnant. If you follow any IVF or childless-not-by-choice communities on social media, you’ll see that people stop trying for different reasons. Whatever the cause, none of us need a reminder that we could’ve just “tried harder.”The comments asserting that Aniston should have adopted after IVF didn’t work are equally obnoxious. It’s too late to undo the damage Aniston experienced, but it is still possible to spare the next childless woman the same treatment.

☆ Sure, Twitter and Facebook have deepened polarization — just not in the way you think
▼ + stars: | 2022-10-27 | by ( Adam Rogers | ) www.businessinsider.com time to read: +11 min

The conventional wisdom blames social media for the widening divide because the timing lines up. Maybe the problem isn't that social media has driven us all into like-minded bubbles. Maybe it's that social media has obliterated the bubbles we've all lived in for centuries. On top of that, Törnberg adds, there's the way people react to all the new ideas that social media exposes them to. And as one leading social media and polarization researcher told me, the model is not empirical, which makes it hard to test.

Yet, in “Till,” filmmaker Chinonye Chukwu offers viewers a different window into Emmett’s life through the perspective of his poised and graceful mother, Mamie Till-Mobley (Danielle Deadwyler). But for Black mothers like Mamie, this is a different sort of anxiety. Through Deadwyler’s powerful performance, viewers will feel the palpable fear of Black mothers knowing they can never fully protect their Black children in white America. It is a manic fury that destroys Black lives and inflicts irreparable harm on our community, especially on the psyches of Black mothers. But for Black mothers like Mamie, this is a different sort of anxiety.

☆ A new study confirms it: The pandemic turned us all into jerks
▼ + stars: | 2022-10-11 | by ( Adam Rogers | ) www.businessinsider.com time to read: +11 min

Graceless under pressureTo see how the pandemic affected us, researchers looked at the so-called Big Five personality traits: agreeableness, conscientiousness, extraversion, neuroticism, and openness. But the new study found a surprising shift during the pandemic — roughly equivalent to what they'd expect from 10 years of life, not two. During the first months of the pandemic, Sutin's team found little personality change. "The only thing that went wrong," says Brent Roberts, a psychologist and expert in personality change at the University of Illinois, "is the goddamn pandemic kept going." For some Americans, the most stressful thing about the pandemic was experts telling them they should help people they don't like.

☆ Emotional trauma from your past jobs is real. Here's what can help.
▼ + stars: | 2022-08-10 | by ( Rebecca Knight | ) www.businessinsider.com time to read: +8 min

Research suggests the weight of work-induced emotional trauma can damage people's self-esteem and hurt their careers. Today, amid a seemingly never-ending global pandemic and increased rates of anxiety and depression worldwide, learning how to navigate and recover from emotional trauma is a critical skill. What emotional trauma at work feels likeWhen Margo Lovett closes her eyes, she can almost hear her colleague's raspy voice spewing vitriol over the phone. How to navigate and recover from emotional traumaThere are productive, science-backed ways to help you sift through the emotional wreckage of past jobs. Getty ImagesResearch suggests that resilience training is also beneficial for managing the effects of emotional trauma and handling stress.

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