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☆ Americans are doom spending
▼ + stars: | 2024-11-10 | by ( Erika Tulfo | ) edition.cnn.com time to read: +7 min

While this kind of catharsis might work to temporarily allay worries, experts say doom spending poses a danger to consumers’ long-term financial health. Joe Raedle/Getty ImagesThat financial gloom is powering doom spending and, in turn, driving up credit card debt. Beyond the economy, experts say that internet habits play a significant role in driving doom spending, especially for younger consumers. But Alev says that she anticipates a pop in spending whether Americans feel positively or negatively about the outcome of the election. How do you curb doom spending?

Persons: ”, Gen, “ We’re, Courtney Alev, “, Alev, Donald Trump, Trump, Kamala Harris, —, Sertan Kabadayi, Joe Raedle, Bankrate, Aja Evans, ’ ” Evans, hasn’t, ” Alev, Jeff Roberson, Biden, Evans Organizations: CNN, Wheaton College senior, YouTube, Credit, Gallup, Fordham University’s Gabelli School of Business, Federal, Federal Reserve Bank of Philadelphia, Finance, Brookings Institution Locations: Massachusetts, Miami , Florida, West Palm Beach , Florida

☆ Rise of Middle-Class Shoplifters: Americans Are Stealing From Stores
▼ + stars: | 2024-11-03 | by ( Emily Stewart | ) www.businessinsider.com time to read: +18 min

And before you ask, no, he doesn't feel bad about it, especially when he pilfers from Whole Foods. AdvertisementBut there's also a lot we don't know about retail theft. "No, I don't feel bad about stealing from Jeff Bezos," one 20-something occasional shoplifter in Washington, DC, told me. "It doesn't feel like a world in which I can really get by and build a life very easily anymore, " he said. Advertisement"If most of this is happening in Walgreens and Walmart and places like that, I don't know, is it a problem?"

Persons: Carson's, he's, Carson, He's, shoplifts, Jeff Bezos, there's, it's, Joshua Jacobson, California who's, —, that's, Ernesto Lopez, they've, Jeff Prusan, Joe Schmoes, they're, Keith, shoplifter, That's, Donovan, Donovan's, snagging, she's, Jacobson, Jeff Bezos isn't, David Johnston, we're, hasn't, Emily Stewart Organizations: Walmart, Foods, Amazon, National Association of, Criminal, Atlantic, Depot, Target, Guardian, National Retail Federation, Business Locations: New York, California, Washington ,, Atlanta, Texas, Illinois, Walgreens

☆ Netflix earnings beat expectations. Here's what analysts are saying
▼ + stars: | 2024-10-18 | by ( Sean Conlon | ) www.cnbc.com time to read: +4 min

Analysts are getting even more bullish on Netflix following its earnings beat for the third quarter . Here is what other firms are saying: Pivotal Research keeps buy rating on stock The firm raised its price target to $925, a Street high. Bernstein reiterates its market perform rating The firm increased its price target to $780 from $625. Bank of America reiterates its buy rating The bank increased its price target to $800 from $740. 3Q results were generally ahead (OI 5% higher) while commentary pointed to sustained double-digit revenue growth and margin expansion in 2025."

Persons: Doug Anmuth, Anmuth, Morgan Stanley, Benjamin Swinburne, Bernstein, Goldman Sachs, NFLX Organizations: Netflix, JPMorgan, WWE, NFL, of America, Gaming, UBS, 3Q

☆ Obama’s reemergence on the campaign trail for Harris comes as he recognizes his own legacy is at stake
▼ + stars: | 2024-10-13 | by ( Edward-Isaac Dovere | ) edition.cnn.com time to read: +14 min

This past Wednesday alone, he recorded 21 videos for the Harris campaign. Obama acolytes have spent the last eight years rationalizing Trump as the last gasp backlash to the Democrat and his presidency. While most of the party leaders Harris called that Sunday afternoon, including Bill Clinton, and immediately pledged support, Obama held off. Harris advisers knew Obama and former House Speaker Nancy Pelosi favored an open process to find a new nominee. And according to people who know about the conversations, he checks in with several of his own closest aides now helping run Harris’ campaign, such as current campaign chair Jen O’Malley Dillon and his own 2008 campaign manager, David Plouffe.

Persons: Barack Obama, Obama’s, president’s, Harris, Obama, Kamala Harris, Joe Biden, Donald Trump’s, He’s, he’d, Trump, rationalizing Trump, Bruce Springsteen, ”, Hannah Hankins, ” Obama, Kai Jones, Biden, Jones, Obama “, ” Austin Davis, It’s, Hakeem Jeffries, Michelle, Jeffries, Alexandria Ocasio, Cortez, Marie Gluesenkamp Perez, Mary Peltola, Chuck Schumer, Pennsylvania Sen, Bob Casey, Casey, Elissa Slotkin, Ruben Gallego, Josh Shapiro, Arizona Sen, Mark Kelly, he’s, Kelly, “, Harris Obama, Mike Donilon, —, Bill Clinton, diehards, feckless, Nancy Pelosi, Jen O’Malley Dillon, David Plouffe, she’s, Michelle Obama, She’s, Paige Mirsky, hadn’t, ” Mirsky, Eric Swanson, Swanson, Pitt, ” Amelia Staresink, Sara Kulkarni, Eve Majewski Organizations: CNN — America, CNN, Democratic, Trump, Democrat, Netflix, House, Democratic Party, “, University of Pittsburgh, Washington, New, Democratic House, World Wildlife Federation, New York Rep, Washington Rep, Alaska Rep, Senate, Pennsylvania, Obama, August’s Democratic National Convention, White, Social Security, Republican Locations: Pittsburgh, Pennsylvania, New York, Washington, Alexandria, Michigan, Arizona, Buffalo, Canada, Grant Park

☆ In razor-thin Georgia, Harris campaign eyeing Asian American voters
▼ + stars: | 2024-09-30 | by ( Jeff Zeleny | ) edition.cnn.com time to read: +9 min

A poll released last week from AAPI Data, a data analytics firm that focuses on Asian Americans, found that 66% of Asian American voters plan to support Harris and 28% intend to back Trump. The same survey found that 62% of Asian American voters say they have a favorable opinion of Harris, compared with 35% who hold an unfavorable view. Republican officials declined to elaborate on efforts to win over Asian American voters. The Harris campaign has three full-time staffers at the national headquarters dedicated to engaging Asian American voters, a spokeswoman said, with additional staff being deployed to Georgia and other battleground states. As she presided over a virtual phone bank from her kitchen one night last week, she said she believed Asian American voters could make the difference in her Southern battleground state.

Persons: Cumming, Kannan Udayarajan, Republican Sen, David Perdue, Donald Trump, mispronounced Kamala Harris ’, “, Kamala, ”, Udayarajan, Harris, Joe Biden, Forsyth, ” Udayarajan, James Woo, Georgia – Biden, Woo, ” Woo, “ It’s, Trump, Trump’s, ” Steven Cheung, Georgia’s, Ashwin Ramaswami, Sen, Shawn Still, Ramaswami, Sonjui Kumar, ” Kumar Organizations: Georgia CNN, Republican, Forsyth County Democratic Party, Trump, “, Georgia, Democratic, CNN, American, Advancing Justice, South, ”, Asian, AAPI, Pew Research Center, Pacific Islander, Republicans, Democratic Party, Forsyth County Democratic Locations: Georgia, Forsyth County, India, Atlanta, Georgia , North Carolina, Pakistan, Bangladesh, Asian America, American, Norcross, Gwinnett County, Georgia’s Forsyth, “, “ Forsyth

There’s been an odd numbness in the political ecosystem regarding the apparent second attempt to assassinate former President Donald Trump. The problem with political discourse in America right now is that we are all stuck in a social media funhouse mirror booth. I promise you that the way Americans speak about one another online isn’t the way most Americans behave in person with one another. As social media rose and became the main distributor and facilitator of political information, our politics have become more combative and less collaborative. Right now, our political information ecosystem doesn’t reward incrementalism or nuance, instead punishing both and, more to the point, rewarding those who make up the best stories.

Persons: There’s, Donald Trump, We’ve, Trump, we’ve, isn’t, demonizing, I’m, don’t, It’s, Churchill, here’s, we’ll Organizations: Fox News, Fox, Trump Locations: Butler , Pennsylvania, America, Springfield , Ohio, Miami, Florida, Springfield

☆ I grew up in a cluttered house. Now, I feel satisfaction from donating things I don't use.
▼ + stars: | 2024-09-08 | by ( Jennifer Bringle | ) www.businessinsider.com time to read: +4 min

In a house with two small kids, clutter was a given. Our house wasn't dirty, but it was full of things we didn't need — clothes that no longer fit, threadbare towels, unused kitchen utensils, toys we'd outgrown. The idea of throwing or giving away things you no longer needed felt wasteful and foolish, so she just kept everything. Even today, getting him to toss broken or unused items takes an act of Congress. My upbringing informed how I see clutter as an adultGrowing up in a house like this colored how I see clutter and cleaning.

Persons: —, weren't hoarders, I've Organizations: Service, Business, Pacific

☆ It's all unraveling at OpenAI (again)
▼ + stars: | 2024-06-04 | by ( Madeline Berg | ) www.businessinsider.com time to read: +10 min

In a statement to Business Insider, an OpenAI spokesperson reiterated the company's commitment to safety, highlighting an "anonymous integrity hotline" for employees to voice their concerns and the company's safety and security committee. Safety second (or third)A common theme of the complaints is that, at OpenAI, safety isn't first — growth and profits are. (In a responding op-ed, current OpenAI board members Bret Taylor and Larry Summers defended Altman and the company's safety standards.) "I have been disagreeing with OpenAI leadership about the company's core priorities for quite some time, until we finally reached a breaking point." (Altman and OpenAI said he recused himself from these deals.)

Persons: —, Sam Altman, Daniel Kokotajlo, OpenAI, Altman, Helen Toner, Tasha McCauley, Toner, McCauley, Bret Taylor, Larry Summers, Kokotajlo, Jan Leike, Ilya Sutskever, Leike, Stuart Russell, NDAs, Scarlett Johansson, lawyered, Johansson, " Johansson, I've, Sam Altman — Organizations: Service, New York Times, Business, Times, Twitter, Microsoft, The New York Times, BI, Street, OpenAI, OpenAI's, Apple Locations: OpenAI, Russian, Reddit

☆ Opinion: Rishi Sunak’s election looks like a final gasp
▼ + stars: | 2024-05-23 | by ( Opinion Holly Thomas | ) edition.cnn.com time to read: +8 min

For those outside the Westminster bubble, the announcement felt less like a starting pistol than a final gasp. But unlike Sunak, who with his wife Akshata Murty is worth an estimated £651 million ($828 million), most of us can’t afford it. The British economy never fully recovered from the 2008 recession and, consciously or not, most people still feel the sting every day. As Sam Knight recently noted in the New Yorker, the average British worker is estimated to be £14,000 ($17,800) worse off per year now than they would be if earnings had risen at pre-crisis rates. Her disastrous mini-budget wiped £30 billion off the UK economy that autumn, according to independent think tank Resolution Foundation, and sent interest rates rocketing.

Persons: Holly Thomas, Katie Couric, Rishi Sunak, Keir Starmer, Tony Blair, Akshata Murty, Sam Knight, Brexit, Liz Truss, It’s, there’s, —, Boris Johnson, Johnson, who’d, that’s, Blair Organizations: Katie Couric Media, CNN, London CNN —, Conservative, Westminster, Labour, British Medical Association, BMA, Commission, Yorker, Evening, Office, National Statistics, Tory, Foundation Locations: London, Westminster, England, British, Europe, Rwanda

☆ Tension with Israel represents only one of Biden’s immense election challenges
▼ + stars: | 2024-05-10 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

New York prosecutors claim he falsified business records to hide a payment to Stormy Daniels in an early act of election interference in 2016. Trump’s base voters have no problems either with his criminal trials or his false claims that he was cheated out of office. Israel may be far from the biggest worry for Trump’s campaignPolls consistently show that voters care most about the economy. And voters who say the economy is very important to their vote backed Trump over Biden 62% to 30%. It’s not clear that heated Republicans attacks on Biden over Israel Thursday will seriously wound him with his own voters.

Persons: Joe Biden, Biden, Donald Trump –, pollsters, Trump, Stormy Daniels, He’s, Biden outpolls, Trump’s, CNN’s Erin Burnett, Burnett, ”, ” Biden, ’, George H.W, Bush, ” Bush, Bill Clinton, Clinton, Israel —, Benjamin Netanyahu, Netanyahu, Republican Sen, Thom Tillis, GOP Sen, Josh Hawley Organizations: CNN, New, Republican, Biden, Federal, Capitol, Arab American, Hamas, Israel, Israel Thursday, GOP, Capitol Hill, Democratic Locations: Wisconsin, East, Ukraine, Gaza, America, Manhattan, New York, it’s, Israel, United States, Arkansas, Scranton, Gazan, Rafah, Michigan, Missouri

☆ Biden’s antisemitism speech leaves no doubt he’s standing by Israel despite tension with Netanyahu
▼ + stars: | 2024-05-07 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

CNN —The political rawness of the moment, as Israel pounds Gaza and outrage rocks American college campuses, means President Joe Biden’s big speech Tuesday condemning antisemitism is most notable for what he left unsaid. The speech was closely watched given the turmoil in the Middle East and its stunning political reaction in the US. “My commitment to the safety of the Jewish people, the security of Israel, and its right to exist as an independent Jewish state is ironclad. While praising the right to free speech as a fundamental American value, he condemned reported instances when some Jewish students have faced antisemitic taunting. Understanding history and preventing it from being manipulated for political gain was a major focus of Biden’s speech, which was delivered on the 79th anniversary of VE Day, when the allies defeated Nazism in World War II.

Persons: Joe Biden’s, movingly, you’re, ” Biden, Biden, Benjamin Netanyahu, ”, Joe ”, We’re, Biden’s, Donald Trump, Trump, Stormy Daniels, “, ” Johnson, Netanyahu, —, Mike Johnson, ’ Organizations: CNN, Jewish, Hamas, Holocaust Memorial, Capitol, Arab, Israel, Gaza Health Ministry, Democratic, Trump, Republicans, Republican, Louisiana Republican, White, GOP, Nazism Locations: Israel, Gaza, Nazi, Rafah, Michigan, Manhattan, Nazi Germany, United States, Louisiana, Charlottesville , Virginia, Gestapo

☆ The Bitcoin network completes the fourth-ever ‘halving’ of rewards to miners
▼ + stars: | 2024-04-19 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

watch nowThe Bitcoin network on Friday evening completed its fourth "halving," reducing the rewards earned by miners to 3.125 bitcoins from 6.25. After the 2012, 2016 and 2020 halvings, the bitcoin price ran up about 93x, 30x and 8x, respectively, from its halving day price to its cycle top. Hash rates are a measure of the computational power used to process transactions on the bitcoin network. "The market so far has seen bitcoin mining stocks as mere BTC proxies, in absence of bitcoin ETFs," said Bernstein analyst Gautam Chhugani. "[The] Bitcoin halving is already partially priced in by the market and we do not expect prices to increase significantly following the halving event," the firm's Marion Laboure said in a note Thursday, adding that it "has been widely anticipated in advance due to the nature of the Bitcoin algorithm."

Persons: Reginald Smith, Bernstein, Gautam Chhugani, MARA, Nikolaos Panigirtzoglou, Marion Laboure Organizations: Metrics, JPMorgan, BTC, IRIS, Deutsche Bank Locations: Friday's

☆ American Eagle unveils strategy to grow profits, takes $94 million in impairment charges for logistics business
▼ + stars: | 2024-03-07 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +5 min

Excluding one-time items, American Eagle posted adjusted earnings of 61 cents per share. In the current quarter, American Eagle expects sales to be up by a mid-single digit percentage, which is in line with estimates of up 5%, according to LSEG. During the Covid pandemic, American Eagle spent hundreds of millions of dollars acquiring a number of shipping and distribution companies that eventually became Quiet Platforms, the retailer's internal logistics branch. Last spring, American Eagle acknowledged that Quiet Platforms wasn't performing as it had expected. To increase profits, American Eagle plans to amplify its brands by growing its namesake banner, boost Aerie's expansion and develop the activewear assortment at its Offline banner.

Persons: RetailDive, Mike Mathias, Mathias, AEO, StreetAccount, we've, rationalizing, Jennifer Foyle, there's, It's, Foyle Organizations: LSEG, Eagle, CNBC, Abercrombie, Fitch

☆ Ford is reassessing its EV plans, including vertical battery integration
▼ + stars: | 2024-02-06 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

DETROIT — Ford Motor is rethinking its electric vehicle strategies, including "reassessing" the need for vertical integration of batteries, CEO Jim Farley said Tuesday. He also said the company is pulling a target for its EV unit that called for 8% margin by 2026. As Ford pulls back and reevaluates the EV business, it intends to lean in on sales of hybrid vehicles, specifically trucks. The company expects its hybrid sales to increase 40% this year. It sold 133,743 hybrid vehicles in the U.S. in 2023.

Persons: Jim Farley, Farley, John Lawler, Lawler, Ford Organizations: New York, Auto, DETROIT, Detroit, Ford, EV, CNBC PRO Locations: New York, U.S

So it was surprising that the end of Sunday night’s season premiere of “Curb Your Enthusiasm” — look out, spoilers coming — took pretty, pretty, pretty clear aim at the major voting law Georgia passed in 2021. Larry David, who as the show’s curmudgeonly star is better known for breaking social norms than actual laws, travels to Atlanta in the episode. “Sir, in the navy blazer, put your hands in the air,” an officer says to a confused Mr. David. In another episode, the cantankerous Mr. David realizes that wearing a “Make America Great Again” hat around liberal Los Angeles gets him out of many unwanted meetings and interactions. In an interview with TheWrap, one of the show’s executive producers said that its writing team had decided to somehow incorporate the Georgia law back when it passed two years ago.

Persons: “, Georgia, Larry David, Leon, she’s, Larry, Sir, David, ”, Donald J, Trump, ” Jordan Fuchs, David —, Elmo, David’s, TheWrap, Jeff Schaffer, ’ Organizations: Recreation, Los Angeles Locations: “, Atlanta, Georgia, Fulton

☆ At SpaceX, worker injuries soar in Elon Musk’s rush to Mars
▼ + stars: | 2023-11-10 | by ( ) www.reuters.com time to read: +35 min

Through interviews and government records, the news organization documented at least 600 injuries of SpaceX workers since 2014. The more than 600 SpaceX injuries Reuters documented represent only a portion of the total case count, a figure that is not publicly available. SpaceX injury data reporting failures SpaceX facilities failed to submit injury data annually, as required by regulators, for most years since 2016. Workers welded rocket parts up to 12 hours a day, six days a week, often in temperatures over 100 degrees Fahrenheit, the SpaceX workers said. The accident occurred when he and other SpaceX employees were being transferred between two vessels.

Persons: Lonnie LeBlanc, LeBlanc, LeBlanc’s, hasn’t, Musk, ”, Tom Moline, Francisco Cabada, Cabada’s, Elon Musk, Ydy Cabada, Kennedy didn’t, Kennedy, “, Jordan Barab, Travis Carson, Carson, entrepreneurism, Jeff Bezos, Chris Cunnington, Phillip Fruge, ” Fruge, ” Carson, Elon, Carson “, Florentino Rios, Rios, Rios inched, Richard Hinojosa, ” Rios, Cabada, Ydy, SpaceX hasn’t, Michael Sanchez, ” Sanchez, Francisco’s, Evelyn Cabada, ” Barab, Boring, Paige Holland, Musk’s, Moline, Gwynne Shotwell, ” Shotwell, Shotwell, CalOSHA, Ann Rosenthal, Steven Trollinger’s, Trollinger, –, Chris Weimer, Ron Weimer Organizations: Elon, SpaceX, U.S . Marine Corps, U.S . Occupational Safety, Health Administration, OSHA, Musk’s, V2, Reuters, Regulators, Kennedy Space Center, U.S . National Aeronautics and Space Administration, NASA, ” Reuters, California OSHA, CalOSHA, ”, Workers, Boeing, Cabada, Boring Company, National Labor Relations Board, billionaire’s, Federal Locations: McGregor , Texas, LeBlanc, amputations, Hawthorne , California, Brownsville , Texas, Redmond , Washington, Florida, Cape Canaveral, California, Brownsville, Texas, Mexico, Moline, Carson, American, SpaceX’s Brownsville, Rios, Hawthorne, Los Angeles, “, ” Holland, Thielen, Holland, Federal, After Texas

☆ WeWork to withhold interest payment on some notes
▼ + stars: | 2023-10-02 | by ( ) www.reuters.com time to read: +1 min

WeWork logos are seen at a WeWork office in San Francisco, California, U.S. September 30, 2019. REUTERS/Kate Munsch/File Photo Acquire Licensing RightsOct 2 (Reuters) - WeWork Inc (WE.N) on Monday said it had decided to withhold interest payments of about $95 million related to some of its notes, as it tries to improve its capital structure. The company has a 30-day grace period to make the interest payments before a non-payment can be considered an "event of default", WeWork said in a regulatory filing. The company has the liquidity to make the interest payments and may decide to pay "in the future", it added. The company withheld interest payments of about $37.3 million payable in cash and $57.9 million of payment-in-kind (PIK) notes, each payable on Monday.

Persons: Kate Munsch, SoftBank, WeWork, Shivansh, Maju Samuel Organizations: REUTERS, WeWork, New York Stock Exchange, Thomson Locations: San Francisco , California, U.S, Bengaluru

☆ Fanatics and ESPN are ready to shake up sports betting this fall. Here are the 5 battlegrounds to watch during the biggest gambling season of the year.
▼ + stars: | 2023-09-08 | by ( Ashley Rodriguez | Margaret Fleming | ) www.businessinsider.com time to read: +10 min

The start of the regular NFL season kicks off the biggest sports-betting season of the year. Here are the battlegrounds to watch as Fanatics and ESPN Bet enter and Bet365 gains share. The NFL kicked off Thursday night, and so did the biggest season of the year for US sports betting. It ranked fourth among more than 40 apps in EKG's national panel of "secret shopper"-style app testers — behind only FanDuel, DraftKings, and PointsBet. "There's one strategy: you have to be early, you have to be ahead of the start of the season," Beynon said.

Persons: We've, Macquarie, Chad Beynon, Bet365, Chris Krafcik, Krafick, EKG, Penn, It's, Sportsbook, isn't, Beynon, That'll, DraftKings, it's, BetMGM, Entain, Wynn Organizations: NFL, Bank of America, ESPN Bet, Penn Entertainment, Fox, Krejcik, ESPN, DraftKings, Penn, BetMGM, Caesars, MGM, Angstrom Sports, Wynn Resorts, Rush, Interactive Locations: Ohio, Colorado, Virginia, BetMGM, FanDuel, Macquarie, Las Vegas, Chicago, Connecticut

☆ Injuries make the NFL a brutal sport. But the violence is partly why fans love it
▼ + stars: | 2023-09-06 | by ( Leah Asmelash | ) edition.cnn.com time to read: +11 min

And because of what he now knows about football injuries, NFL players don’t seem so superhuman anymore. And as another NFL season kicks off this week, these questions haven’t gone away. Long-term degenerative brain diseases such as CTE and Parkinson’s have become huge concerns for football players and their families. “This is one reason why NFL fans can cheer for the most violent-looking tackles imaginable – because they are allowed in the game. “Football fans are like, ‘I love the physicality, but I’m certainly not going to put my child into that,” Wann says.

Persons: Josh Houtz’s, Houtz, ” Houtz, “, Tua Tagovailoa’s, haven’t, Daewood Davis, New England Patriots ’ Isaiah Bolden, John Wolford, Bolden, Davis, ”, Daniel Wann, Arthur Raney, ” Raney, ” Lamarcus Joyner, Steph Chambers, Raney, Wann, ’, ’ Sarah Bowman, She’s, ” Bowman, I’m, ” Wann, Tua Tagovailoa, Jeff Dean, you’ve, they’re, Damar Hamlin, it’s, Bowman, didn’t, he’d Organizations: CNN, Miami Dolphins, NFL, Dolphins, Jacksonville Jaguars, New England Patriots, Tampa Bay Buccaneers, isn’t, UFC, Murray State University, University at Buffalo, New York Jets, Seattle Seahawks, Murray State, Football, Amazon Prime, “ Football, Cincinnati Bengals, season’s Dolphins, Buffalo Bills Locations: Pennsylvania, Seattle, Boone , North Carolina, Cincinnati

☆ A millennial private equity founder explains how the 'girl math' taking over social media can help more than it hurts
▼ + stars: | 2023-08-29 | by ( Jennifer Streaks | Senior Personal Finance Reporter | Read More | ) www.businessinsider.com time to read: +4 min

Girl math is a viral Tiktok trend where women justify spending with their discretionary income. Girl math is often about quality of life decisions and the impact of your spending's value. Maybe girl math isn't the trap it seemsFinancial expert Kelly Ann Winget, the millennial founder of a solo-female-founded private equity fund, says that girl math isn't exactly what its critics describe. "If women are using girl math to justify spending that doesn't derail their financial well-being, that is a good thing. "Instead of focusing on girl math so much, think about ways to secure your income," Winget tells Gen Zers.

Persons: Kelly Ann Winget, you've, it's, Christopher Bechler, Huang, Joshua I, Morris, Taylor Swift, Winget, Gen Zers Organizations: Service, Stanford Graduate School of Business Locations: Wall, Silicon

☆ Opinion: An unwanted kiss on the lips mars Spain’s World Cup celebration
▼ + stars: | 2023-08-22 | by ( Opinion Jill Filipovic | ) edition.cnn.com time to read: +8 min

Rubiales was, like everyone else at the ceremony, no doubt excited that the Spanish team had won the World Cup. Say it was fine and she’s a bad feminist, letting other women down by justifying bad male behavior (and, perhaps, lying). Rubiales’ kiss also tops off a mountain of allegations about sexism-tinged bad behavior in the RFEF. And yet, when the Spanish women won the World Cup thanks to their own skill and hard work, Rubiales still emphasized Vilda. This, too many people say, is just men being men, or a simple display of normal human emotion.

Persons: Jill Filipovic, CNN —, Luis Rubiales, Jennifer Hermoso’s, Rubiales, Jenni, “, ” Hermoso, It’s, Hermoso, there’s, Adrien Brody, Oscar, Greta Friedman, you’ve, I’m, Berry, Brody, Friedman, Jorge Vilda’s, Jorge Vilda, ”, objectifying Hermoso, ogle, it’s Organizations: Twitter, CNN, Royal Spanish Football Federation, Spanish, Halle Berry, Times, Facebook Locations: New York, Spanish, Hermoso, Ibiza, Halle

☆ 'Girl math' is all over TikTok, but it 'straight-up does not work,' says self-made millionaire
▼ + stars: | 2023-08-17 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +1 min

All over TikTok, "girl math" is being used to justify almost any purchase, from everyday things like $5 coffees to big-ticket items like concert tickets. While everyone's version of girl math is different, it typically involves rationalizing your spending in often illogical ways. Say you buy your daily coffee with cash, rather than your credit card — it's basically free, according to girl math. On TikTok, there are hundreds of videos tagged as "girl math," with some amassing millions of views. "That strategy straight-up does not work because it will catch up with you," Tu tells CNBC Make It.

Persons: it's, Tori Dunlap, Dunlap, Vivian Tu, you'll, I'm Organizations: CNBC

☆ Here are Thursday's biggest analyst calls: Nvidia, Tesla, Home Depot, Disney, Ulta, Nio, Penn & more
▼ + stars: | 2023-08-10 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

TD Cowen reiterates Home Depot as outperform TD said the stock is best-in-class heading into earnings next week. " Deutsche Bank names Walmart and Ulta as top picks Deutsche said it sees upside to estimates for Walmart due to GLP-1 obesity drugs. Citi downgrades Petrobras to neutral from buy Citi downgraded the Brazilian petroleum company mainly due to political risks. " Bank of America reiterates Disney as buy Bank of America said it's standing by its buy rating on the stock after Wednesday's earnings and that its valuation is attractive. Bank of America reiterates Tesla as neutral Bank of America said it's standing by its neutral rating on the stock as cutting prices is keeping margins under pressure. "

Persons: Morgan Stanley, TD Cowen, Ulta, Oppenheimer, Freshpet, Jefferies, GPN, Penn, Truist, PENN, Goldman Sachs, Goldman, Davidson, Nio, NIO, Tesla, TSLA Organizations: Nvidia, NVIDIA, Deutsche Bank, Walmart, Deutsche, Citi, Petrobras, Bank of America, Disney, DIS, Jefferies, ESPN, Networks, Holdings, DA, of America Locations: Palo Alto

☆ What the Street missed in earnings at Apple and Amazon — and where shares go next
▼ + stars: | 2023-08-06 | by ( Jim Cramer | ) www.cnbc.com time to read: +10 min

In one quarter — one off-cycle quarter that didn't feature a no new iPhone — Apple (AAPL) delivered a whopping $81.8 billion in sales. I came up with "own it, don't trade it" for Apple because there have been so many quarters like this one. The people who sold Apple shares on Friday no doubt sold it on their Apple devices. I would be more worried if Apple's customer satisfaction went down than I am that iPhone sales lagged. Apple CEO Tim Cook speaks during Apple's Worldwide Developers Conference (WWDC) at the Apple Park campus in Cupertino, California, on June 5, 2023.

Persons: Tim Cook, Luca Maestri, Tim, Jensen, da, Huang, Andy Jassy, Roku, Jassy, Goldman Sachs, Jim Cramer's, Jim Cramer, Jim, Josh Edelson Organizations: Apple, ESPN, Amazon, Web Services, Nvidia, Services, Walmart, Oracle, Amazon Web, Google, Jim Cramer's Charitable, CNBC, Apple's Worldwide, AFP, Getty Locations: Indonesia, India, Philippines, Mexico, Turkey, Texas, New Jersey, Cupertino , California

☆ ChatGPT can only tell 25 jokes, and can't come up with new ones, researchers find
▼ + stars: | 2023-06-10 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +3 min

ChatGPT is "fun, but not funny" and keeps telling users the same 25 jokes, according to researchers. In a paper published on arXiv, most of the 1,008 jokes ChatGPT told were variations of just 25. By asking the chatbot "do you know any good jokes?," the researchers got ChatGPT to generate 1,008 jokes. However, more than 90% were the same 25 jokes, the researchers found, with the remainder being variations. Insider asked ChatGPT to tell us 25 jokes to get an idea of what the researchers meant.

Persons: ChatGPT, haven't, Sophie Jentzsch, Kristian Kersting, Bryan Caplan Organizations: Morning, Cornell University

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