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Nobody knows.”Construction of an 801-room Omni hotel alongside the Broward County Convention Center in Fort Lauderdale, Florida, on March 22, 2022. Broward County, which invested $1.5 billion in the expansion and renovation of its convention center, has not seen the future bookings it anticipated. In Tampa, the city’s largest convention center hasn’t seen any events cut bait. National Society of Black Engineers members attend the first day of the organization's 49th Annual Convention, which took place from March 22-26 in Kansas City, Missouri. The NSBE recently announced plans to move its 50th annual convention from Orlando, citing the political climate, travel advisories and recently passed laws.
Persons: Ron DeSantis, DeSantis, , Stacy Ritter, , Ritter, Rebecca Blackwell, Grace Hopper, AERA, Tony Pals, Phelan M, Mark Tester, ” Juan Lopez, Jeremy Redfern, ” Redfern, Janeen Uzzell, Bill, Laxmi Ramasubramanian, Petra Doan, Doan, ” Doan, Jack Johnson, Martin Luther King Jr, Bill ”, we’ve, ” Johnson, Glenn Ross, Johnson, Lauderdale’s Ritter, Nadine Smith, , ” Smith Organizations: Minneapolis CNN, Republican Florida Gov, Sunshine State, Lauderdale, Democratic, Omni, Broward County Convention, Orlando’s Orange County Convention, Society of Black Engineers, Research, of periOperative, Global, CNN, Orange County Convention, AP, AORN, Tampa Convention, Tampa, Comic Convention, , Math Association of America, MAA, National Society of Black Engineers, NAACP, National Urban League, Black Power, Association of Collegiate Schools of Planning, Florida State University, Destinations International, Arizona, Indy, Associated, Getty, Equality Locations: Minneapolis, Florida, Lauderdale, Broward County , Florida, Broward County, Fort Lauderdale , Florida, Broward, Orlando’s Orange County, United States, Orlando after Florida, Orange County, Orlando, Tampa, Orlando , Florida, Kansas City , Missouri, , Miami, Maine, Arizona , Indiana, North Carolina, Indiana, Associated Press, California, Tennessee, Texas, Equality Florida
Religious difference often drives tension in Israel, not only between Israelis and Palestinians, but also among Jews themselves. For months, the plan has provoked arguments among families and neighbors and drawn hundreds of thousands of mainly secular Israelis into protests. The demonstrations have grown to include a wide swath of society, bringing scientists, businesspeople and military reservists into the streets. Secular and ultra-Orthodox Jews often live in separate areas, with their children educated in separate school systems, generally allowing each community to live by its traditions. And in some cases, people actively embrace a fusion of cultures: Singers from religious backgrounds increasingly play at secular venues to mixed audiences.
Locations: Israel
Darya Komarova | Moment | Getty Images'The dots need to be connected for consumers'Exposure to our older selves is only part of the process of making decisions for retirement, experts say. While the TikTok filter has recently made it popular to look at our future selves, this type of application has been around since the early 2000s, said Joseph Coughlin, director of the Massachusetts Institute of Technology AgeLab. Once people see an image of their older selves, they tend to feel differently about their future decisions. Successful, lasting behavioral changes typically come with incentives to work toward, such as saving money or exercising, Coughlin said. Pairing the videos with prompts to save more money or invest more toward retirement may be effective, according to UCLA's Hershfield.
Persons: Darya, Joseph Coughlin, Coughlin, UCLA's Hershfield, Hershfield, Victor Ricciardi, Ricciardi, Carolyn McClanahan, Drazen Zigic Organizations: Massachusetts Institute of Technology AgeLab, Ursinus College, Behavioral Finance, Planning Partners, CNBC FA, Istock, Getty Locations: Jacksonville , Florida
After being drafted by the Los Angeles Rams in 1991, Crews spent five years bouncing between six professional teams, including one in Germany. "I would have made more money at McDonald's," Crews, 55, said. It's unclear how much money Crews made in total during his NFL career, which included 32 games for the Rams, San Diego Chargers and Washington Redskins. The Chargers now play in Los Angeles, and Washington D.C.'s team is now called the Commanders. When his ex-teammate stopped lending him money, Crews took a job sweeping factory floors for $8 per hour, he said.
Persons: Terry Crews, Crews, Dax Shepard's, I'd, Organizations: National Football League, Los Angeles Rams, Green Bay Packers, NFL, Rams, San Diego Chargers, Washington Redskins, The Chargers, Washington D.C, National Bureau of Economic Research, CNBC Locations: Germany, Wisconsin, McDonald's, Los Angeles, Washington, skylines
When you have high emotional intelligence, you have a deep understanding of your feelings — and everyone else's. Highly emotionally intelligent people are successful in both their professional and personal lives. Their ability to truly connect and empathize with people makes them better leaders, communicators and relationship builders. Can you tell what's the emotionally intelligent reaction to these 10 situations? (Click here to view interactive content)
Persons: else's
The shoes, which are white and feature a vintage rainbow Apple logo, are listed for $50,000. A pair of vintage Apple sneakers are on sale, but they cost more than what some people make in a year. Sotheby'sThe white sneakers have a rainbow Apple logo on the tongue and on the sides. Many of these items were decorated with the rainbow Apple logo, along with other bold, kitschy designs, reminiscent of the time period. There was also the vintage Apple letterman jacket, a retro black jacket with brown sleeves that featured the rainbow logo.
Persons: Sotheby's, it's, Drake, Justin Sullivan, Hermes Organizations: Morning, Omega Sports Apple Computer, Apple, BBC, Apple Music, eBay Locations: Cupertino , California, California
And the Fed’s preferred inflation measure — the core Personal Consumption Expenditures Index — inched down to 4.6% in its latest reading. Credit cards remain very expensiveWhen Fed rates go up, so do credit card rates. So it’s not surprising that card rates in the past year have been trending at around 20-year highs. As of July 19, the average credit card interest rate is 20.44%, down slightly from the 20.58% recorded the week before, according to Bankrate.com. Second-quarter data from the Fed shows the average rate for them is 22.16%.
Persons: , Greg McBride, Michele Raneri, you’ll, it’s, Matt Schulz, Cardholders, Freddie Mac, they’d, McBride, Anna Bahney Organizations: New, New York CNN, Federal Reserve, Consumer, JPMorgan Chase, Bank of America, Fed, LendingTree Locations: New York
For a whole lot of people, the latter best describes how they are feeling about Twitter, the live social conversation app. Having overseen — devised, really — the demise of Twitter, Musk has also created a reasonable chance that he could now be in charge of a complete brand blowout, should this daring reboot eventuate in extinction for X. The app formerly known as “Twitter” had almost 370 million users globally in December of last year, after Musk paid (overpaid) $44 billion to buy it. Less than a year later, it is already down to 353 million users, and Statista projects the number will decline to 335 million in 2024. Threads reached 100 million users in five days, which was surely the biggest case in history of rustling wandering strays from the herd.
Persons: Bill Carter, Bill Carter Fred Conrad, it’s, Elon Musk, , Musk, anoint, Molotov, Imran Ahmed, “ Elon Musk, Linda Yaccarino, Twitter ”, can’t Organizations: The New York Times, CNN, HBO, Twitter, Black, Center, San Francisco, SpaceX, Meta, Facebook, SNL, Nike
Corporate America’s treatment of Latinx people as a homogeneous monolithic group, instead of the diverse demographic it is, has for decades perpetuated stereotypes of Latino authenticity. These stereotypes have disproportionately depicted Latinos on TV and in movies as Spanish speakers that hailed from Latin America and shared a particular Latin “look.”In Hollywood, this narrative has reinforced the notion that we are a niche market that is separate from the mainstream, which could be served through the importation of programming that is cheaper to produce in Latin America over programing that is produced in the United States. That’s why it was exciting to see Jenna Ortega and Pedro Pascal make Emmy history last week, as only the third Latina actress and first Latino actor nominated in the lead acting categories for the hit shows “Wednesday” and “The Last of Us.”Though Latinx people make up 19 percent of the U.S. population, they account for less than 5 percent of actors cast in speaking roles in the nation’s top-grossing films. Additionally, representation in the media industry as a whole stands at a mere 12 percent, with the majority of positions being service oriented, like cleaning services and security. These numbers have remained stagnant for decades, which is outrageous when you consider that they make up nearly half the population in Los Angeles County.
Persons: Jenna Ortega, Pedro Pascal Organizations: Hollywood, Latina Locations: America, United States, Los Angeles County
How a Vast Demographic Shift Will Reshape the World
  + stars: | 2023-07-16 | by ( Lauren Leatherby | ) www.nytimes.com   time to read: +18 min
1990 Younger populations Workingage Older populations For decades, the world’s dominant powers have benefited from large working-age populations that help drive economic growth. Russia U.K. France Pakistan Pakistan China China U.S. U.S. Japan U.S. Japan China India India India Nigeria Nigeria Ethiopia D.R.C. Russia U.K. France Pakistan Pakistan China China U.S. U.S. U.S. Japan Japan China India India India Nigeria Nigeria Ethiopia D.R.C. Russia U.K. France Pakistan China U.S. U.S. U.S. Japan Japan China China India India India Nigeria Nigeria Ethiopia D.R.C. Russia U.K. France Pakistan China U.S. U.S. U.S. Japan Japan China China India India India Nigeria Nigeria Ethiopia D.R.C.
Persons: That’s, , Mikko Myrskylä, Max Planck, Carolina Cardona, Philip O’Keefe, , O’Keefe, Myrskylä, “ We’ve, , aren’t, Mr Organizations: Korea Germany Italy Russia United, France, France Pakistan Pakistan China China U.S ., U.S, China India Nigeria D.R.C, France Pakistan Pakistan China China U.S . U.S, France Pakistan, France Pakistan China U.S . U.S, for Demographic Research, Youth, Niger, Dem, Central African Rep, Herzegovina Bulgaria Croatia Czech Rep, Denmark Estonia Finland France Germany Greece, Denmark Estonia Finland France Germany Greece Hungary Ireland, Denmark Estonia Finland France Germany Greece Hungary Ireland Italy Kosovo, Macedonia Norway Poland Portugal Moldova Romania, Macedonia Norway Poland Portugal Moldova Romania Russia Serbia Slovakia Slovenia, Hong Kong North Korea Japan Mongolia South Korea Taiwan Northern America, New Zealand, New, Benin Botswana Burkina Faso Burundi Cameroon Central African Rep, Chad Comoros, Congo Ivory Coast Dem, Johns Hopkins University, Aging, ARC Center of Excellence, Aging Research, World Bank, Spain Taiwan, Young, Korea, Spain, Locations: Japan, Western Europe, South Korea, Britain, Eastern Europe, China, Europe, India, East Asia, Florida, United States, South, Southeast Asia, Africa, Korea Germany Italy, Korea Germany Italy Russia United States France China Thailand United Kingdom, South Korea Brazil Colombia China Thailand Iran Myanmar Vietnam Bangladesh Indonesia, South Africa Myanmar Indonesia Bangladesh Philippines Pakistan Kenya Indonesia Egypt Ethiopia, Russia, France Pakistan Pakistan China China U.S, France Pakistan Pakistan China China U.S . U.S, Japan U.S, Japan China India India India Nigeria Nigeria Ethiopia D.R.C, Indonesia Indonesia Brazil Brazil Brazil, China Japan India Brazil, Pakistan France China U.S, Japan India Nigeria Brazil Indonesia, Pakistan U.S, China India Nigeria, Ethiopia Brazil Indonesia, France Pakistan Pakistan China China U.S . U.S . U.S, Japan Japan China India India India Nigeria Nigeria Ethiopia D.R.C, France Pakistan China, France Pakistan China U.S . U.S . U.S, Japan Japan China China India India India Nigeria Nigeria Ethiopia D.R.C, Congo Somalia, Angola Tanzania Nigeria, Afghanistan Ethiopia Tajikistan Kenya, Asia, Oceania, Kenya, Demographically, South Asia, Singapore, Albania, Austria Belarus Belgium Bosnia, Herzegovina Bulgaria, Denmark Estonia Finland France Germany, Denmark Estonia Finland France Germany Greece Hungary, Denmark Estonia Finland France Germany Greece Hungary Ireland Italy, Denmark Estonia Finland France Germany Greece Hungary Ireland Italy Kosovo Latvia Lithuania Netherlands, Macedonia Norway Poland Portugal, Macedonia Norway Poland Portugal Moldova Romania Russia Serbia Slovakia, Macedonia Norway Poland Portugal Moldova Romania Russia Serbia Slovakia Slovenia Spain Sweden Switzerland Ukraine, Eastern Asia, Hong Kong North Korea Japan Mongolia South Korea Taiwan Northern, Canada, States Australia, New, Australia, New Zealand, Saharan Africa, Angola, Benin Botswana Burkina Faso Burundi Cameroon, Congo, Congo Djibouti, Guinea Eritrea Eswatini Ethiopia Gabon Gambia Ghana Guinea Guinea, Bissau Kenya Lesotho Liberia Madagascar Malawi Mali Mauritania Mauritius Mozambique Namibia Niger Nigeria Rwanda Senegal Sierra Leone Somalia South Africa South Sudan Togo Uganda Tanzania Zambia Zimbabwe, Aging Asia, Pacific, America, , Hong Kong, Italy, Spain, Spain Taiwan Greece, Singapore Slovenia Thailand Germany, Mainland China Finland Japan Netherlands Canada, Hong Kong South Korea, Singapore Slovenia Japan Thailand Germany, Mainland China Finland Netherlands, U.N, Korea Japan Spain, Korea Japan, France, West, East, Vietnam
5, home to the biggest pool yet, being a pool owner felt less like a fantasy and more like a nonnegotiable. After all, if we had been willing to spend more on a house that came with a pool, why not just buy a pool? First of all, apparently, the average in-ground pool costs a lot more than $30,000. I found out that while the unusual shape of our yard meant we weren't getting the pool I'd imagined, this limitation could actually solve all of our problems. This left us with a fully buried, semi-in-ground (an in-ground pool without a deep end) as our only option.
Persons: there'd, I'd Organizations: Service Locations: Wall, Silicon, Midwest, Europe
But do flat structures work? Clifford Oswick, a professor of organization theory at Bayes, pointed out “inherent risks” of discrimination in companies with extremely flat structures. The companies may reflect the same biases as society, without safeguards to avoid them. He pointed to Elizabeth Holmes and Theranos, her health care technology start-up. In a 2015 interview, Ms. Holmes said that Theranos was “a very flat organization and if I have learned anything, we are only as good as the worst people on our team.”
Persons: André Spicer, ” there’s, aren’t, Andrew Rae, Jeri Ellsworth, , Ellsworth, Clifford Oswick, Oswick, “ you’ve, Mr, Spicer, Elizabeth Holmes, Theranos, Holmes Organizations: Bayes, School, Valve, People Make Locations: London,
"As far as minimum wage, it's been way too low for way too long," Saginaw says. Some oppose minimum wage increases, as they boost overall costs. That said, here's how much minimum wages are increasing across the U.S., and why these two small business owners applaud the change. A statewide minimum wage increase to $12 for all employees (regardless of benefit status) will take place in July 2024. Minimum wage is also increasing in Chicago and San Francisco, among other cities and counties.
Persons: Paul Saginaw, Gina Schaefer, Schaefer, Tom Williams, it's, Organizations: CNBC, Hardware, Capitol Visitor Center, Cq, Inc, Getty, D.C, DC, Logan Locations: Nevada , Oregon, Washington, Maryland, Virginia, Las Vegas, Saginaw, Nevada, U.S, Portland, Montgomery County , Maryland, Chicago, San Francisco
Many borrowers are dismayed after the Supreme Court struck down President Biden's student-debt relief plan. Anderson said she consistently made her loan payments, but it didn't make a dent in her balance. But in a 6-3 decision, the Supreme Court, driven by its conservative majority, ruled that Biden's debt-relief plan was unconstitutional and required explicit approval by the US Congress. "Now that the Supreme Court has rejected the student loan forgiveness, I have no hope," she told The Post. But hours after the court's decision, Biden initiated a process for using the Higher Education Act of 1965 to cancel student loan debt.
Persons: Biden's, Scarlet Anderson, Anderson, , Joe Biden's, Pell, Biden, I'm, White Organizations: Service, Education, Arizona State University, Washington Post, Higher
"People pull their kids from school for way stupider reasons than to go to a Taylor Swift concert," Vladek says to CNBC Make It. "That's the part Taylor Swift has done so brilliantly," she says. Taylor Swift doesn't." "When I was pregnant, I would hold my phone to my belly and play Taylor Swift," she says. "Honestly, I'd be crushed [if my daughter didn't like Taylor Swift].
Persons: Karen Vladek didn't, Taylor Swift, Taylor, Vladek, Maddie …, Swift, Tim McGraw, Michael Jackson, isn't, Kate Kurtin, Kurtin, Katy Perry, Russell Brand, Katy Perry's, , Sally A, Theran, Jake Gyllenhaal, Jessica Sawyer, Sawyer, Jessica Dinney, Swift's, Dinney, wouldn't, didn't, Harry Potter, I've Organizations: CNBC, California State University , Los, Wellesley College, Disney, Twitter Locations: Houston, Austin , Texas, California State University , Los Angeles, New York City, Philadelphia, Jacksonville , Florida, Tampa , Florida, Tampa
The pair discussed a wide range of topics including the rise of AI and the history of Silicon Valley. Andreessen gave a set of traits that he thinks the best founders in Silicon Valley share. Billionaire tech investor Marc Andreessen says the best startup founders in Silicon Valley share a few important traits. Overall, he said he believes the best founders are "some combination" of super-smart, super-energetic, and super-courageous. The best founders are capable of dealing with lots of rejection, he said.
Persons: Marc Andreessen, Lex Fridman, Andreessen, Fridman, Andreessen Horowitz Organizations: Billionaire, Netscape Locations: Silicon Valley, Silicon
What you’ve got to do to get more money from wealth is just let your money go out there and make money on its own. darrick hamiltonYeah, the extent to which our tax code incentivizes wealth and capital growth, it centers on existing wealth and capital growth. $50,000 to the most wealth-poor person seems like a big number, but we need to put that number in context. In other words, wealth begets more wealth, and wealth builds upon itself. ezra kleinI think that’s a great place to end, so I’ll ask our final question.
Persons: ezra klein, we’ve, We’ve, Darrick Hamilton, Biden Sanders, Bernie Sanders, Cory Booker, Ayanna Pressley, darrick hamilton, hamilton, you’re, ezra klein There’s, you’ve, that’s, Thomas Piketty’s, it’s, there’s, ezra klein I’m, , ezra klein We’ve, Bill Gates, Elon, Ezra, Ira Katznelson, Crow, Bill, hasn’t, who’s, I’ve, they’re, ezra klein Let’s, darrick hamilton Naomi Zewde, wouldn’t, Let’s, darrick hamilton Ezra, darrick hamilton I’m, Arthur Lewis, Natalie Diaz, ” Natalie, ezra klein Darrick Hamilton Organizations: The New School, Biden, Task Force, Marshall, Black, Washington D.C, Federal Government, SEED, Oklahoma, Social, Social Security Locations: Hamilton, United States, Prosperity, America, Europe, Tulsa , Oklahoma, Connecticut, Washington, , hamilton
The ultra-wealthy are betting on tech and science breakthroughs to live longer. Longevity expert Dr. Peter Attia explained why preventative care like that still isn't widespread. The ultra wealthy have been shelling out to live longer for some time. In his view, there's a key obstacle standing in the way of your long-term health, ironically: the U.S. healthcare system. Attia's definition of longevity is a function of lifespan, the number of years you live, and healthspan, how well you can live them.
Persons: Peter Attia, There's, podcaster Rich, Attia, Rich —, Bryan Johnson's, Jeff Bezos, Peter Thiel, OpenAI's Sam Altman, we'll, it's, Rich Roll, Stefanie Keenan, Roll Organizations: Morning, Aetna, Tech, IWC Schaffhausen, behemoth Locations: U.S, Los Angeles, Canada
CNN —Beaches in the southern Ukrainian region of Odesa have been closed off after filthy waters from a collapsed dam washed downstream, posing a “genuine threat” to local residents, authorities say. Homes are seen underwater in a flooded neighborhood in Kherson, Ukraine, Wednesday, June 7, 2023. Celestino Arce/NurPhoto/Reuters A neighborhood of Kherson, Ukraine, remains flooded Saturday, June 10, following the collapse of the Nova Kakhovka dam days earlier. Celestino Arce/NurPhoto/Getty Images Ukrainian servicemen use boats to evacuate people in a flooded neighborhood of Kherson on June 8. Alex Babenko/Getty Images Houses in a flooded Kherson neighborhood on June 7.
Persons: Felipe Dana, Andrey Alekseenko, Celestino Arce, NurPhoto, Evgeniy, Hanna, Oleksandr Klymenko, Vladyslav Musiienko, Alex Babenko, Angelina Kopayeva, Muhammed Enes Yildirim, Tetiana, Ivan Antypenko, Alexey Konovalov, Musiienko, Nina Lyashonok, Oleksandra, Alina Smutko Organizations: CNN, Authorities, Kyiv, Ukraine’s Ministry, Internal Affairs, Telegram, Local, AP, Reuters Volunteers, Reuters, Getty, Anadolu Agency, Planet Labs PBC, Reuters Red Cross, AP Local, Culture, Reuters Local Locations: Ukrainian, Odesa, Russia, Dnipro, , , Dnistrovskyi, Kherson, Ukraine, Crimea, Russian, Nova, Mykolaiv, Kherson . Roman, Vladyslav, Nova Kakhovka, Libkos
Vice Media Group logo Pavlo Gonchar | Lightrocket | Getty ImagesWhen Suroosh Alvi, Gavin McInnes and Shane Smith founded Vice magazine, which later expanded to Vice Media, they built a business based on a punk rock, counterculture image. GoDigital Media Group is a privately held conglomerate that owns video and music rights, especially in the Latin genre, and an array of different businesses. GoDigital plans to bid for Vice on Tuesday at a price between $300 million and $400 million, according to people familiar with the company's thinking. He will preach that message to Vice's employees on Day One if GoDigital acquires the company, he said. Smith, Vice's executive chairman and former CEO, couldn't be reached for comment.
Persons: Pavlo Gonchar, Suroosh Alvi, Gavin McInnes, Shane Smith, Smith, Jason Peterson, Logan Mulvey, GoDigital, Jason DeRulo, Peterson, Berkshire Hathaway, what's, Mulvey, John Leguizamo, Craig Greiwe, Sean, Diddy, Combs, couldn't, haven't, ' Peterson, Alex Wallace, Wallace, Gay Hendricks, We're, Adam Neumann's, I'm Organizations: Media, Lightrocket, Vice Media, GoDigital Media, Berkshire, Eastern Mountain Sports, NGL, Fortress Investment, Soros Fund Management, Monroe Capital, Fortress, Yahoo, CNBC Locations: Brooklyn , New York, Los Angeles
But using the dynamic currency conversion to pay the restaurant bill directly in euros would end up costing them €107.60. Despite the high fees, our research shows that more than half of international customers still choose to pay in their familiar home currency. The companies which provide dynamic currency conversion options earn significant conversion revenues – a portion of which is often shared with the business where the transaction takes place. It's better to make electronic payments using the local currency. PeopleImages/iStockphoto/Getty ImagesGreater transparencyAnd despite the high conversion fees involved with dynamic currency conversion, most government regulators around the world have been hesitant to intervene.
Persons: Dirk Gerritsen, Coen Rigtering Organizations: CNN, European Union, Utrecht University Locations: French
Tech layoffs are fueling an influx of new founders building climate, health, and fintech startups. Microsoft CEO Satya Nadella said he liked to test AI using a poetry prompt to see if it had the "subtlety" to translate "deep meaning." Twilio's Joyce Kim said "predictive AI is going to be a core part of every tool that they use." The European parliament has voted to take steps to regulate AI technology such as ChatGPT, with its parliament backing a ban on the technology for biometric surveillance, emotion recognition, and predictive policing. Uber CEO Dara Khosrowshahi says the most common mistake he sees young people make is overplanning.
Persons: Nathan Rennolds, it's, let's, Sundar Pichai, Google's, hasn't, Simplyblock, Michael Schmidt, Robert Pankow, Jack Dorsey's, Satya Nadella, Uber, Twilio's Joyce Kim, Dara Khosrowshahi, Leigh Vogel, Elon, Kairan, Hallam Bullock Organizations: Google, Jack Dorsey's Apple, Microsoft, Summit, Getty, SpaceX, LinkedIn Locations: London, Google's, Simplyblock, Europe, New York City
But on Wall Street, a crisis is just a bit of financial engineering away from becoming an opportunity to make money. That's where inflation traders come in. The strategy of betting on the swings in consumer prices has exploded in recent years, with revenues from inflation trading going from $700 million in 2019 to $3.9 billion in 2022. And while inflation trading has the potential to generate some big returns, making your money back on hires like these might be a tall task if inflation has a short shelf life. More on where the top players in inflation trading are landing amid a heated war for talent.
Persons: Dan DeFrancesco, we've, Goldman Sachs, I've, Malte Mueller, Insider's Kaja Whitehouse, Kaja, Ben Stiller, Owen Wilson, Elon Musk, Goldman, Citadel's Ken Griffin, Dara Khosrowshahi, Jeffrey Cane, Nathan Rennolds Organizations: Getty, Labor Statistics, Federal, Paramount, BlackRock, Tech, LinkedIn Locations: BlackRock, China, New York, London
But what does the Fed mean when it talks about labor markets and their impact on inflation? What’s happening: At its most basic level, labor productivity is a measure of the value of the goods and services produced by a company compared with the amount of labor used to produce that output. Labor productivity decreased 2.1% in the first quarter of 2023, the US Bureau of Labor Statistics reported earlier this month. The silver lining: The good news is technological innovations typically drive upturns in productivity and AI could be such an innovation. Absolutely not,” Yellen said, echoing the joint statement leaders from the Group of Seven made at last month’s summit in Japan.
Persons: Lisa Shalett, , Lisa Cook, Joseph Brusuelas, Sundar Pichai, aren’t, Jeffrey Sonnenfeld, Richard Blumenthal, , Doug McMillon, Roger McNamee, Steven Spielberg, Vito Corleone, Janet Yellen, ” Yellen, Elisabeth Buchwald, Yellen, Biden Organizations: CNN Business, Bell, New York CNN — Federal Reserve, Morgan Stanley Wealth Management, Fed, Labor, US Bureau of Labor Statistics, BLS, McKinsey Global Institute, Federal, RSM US, of America, Google, Yale School, Management’s, Leadership Institute, Walmart, Technology, Financial, International Monetary Fund, Inter, American Development Bank group’s, African Development Fund, IMF Locations: New York, United States, Michigan, Connecticut, China, Japan
"The internal dynamic of this war is a bit beyond what an external actor can really influence". After the latest 24-hour truce expired on Sunday, residents in Khartoum and capital area reported fresh artillery fire and clashes. The United States and Saudi Arabia, which lies across the Red Sea from Sudan, have sponsored talks in the Saudi port city of Jeddah. EXODUSThe failure of talks has put the nation, which was already reliant on aid, in a perilous humanitarian state. It could take generations to try to put back together," said Alan Boswell, Horn of Africa Director for Crisis Group.
Persons: Magdi El, Mohamed Hamdan Dagalo, Abdel Fattah al, Burhan, Mohamed Mokhtar, Hemedti, Mokhtar, Omar al, Bashir, Mahasin Ibrahim, Alan Boswell, Horn, Aidan Lewis, Khalid Abdelaziz, Daphne Psaledakis, Nafisa, Edmund Blair, Frank Jack Daniel Our Organizations: Rapid Response Forces, United Arab Emirates, Valley Institute, U.S . State Department, Reuters, Crisis, Thomson Locations: Jeddah, Khartoum, CAIRO, truces, United States, Saudi Arabia, Egypt, Sudan, Saudi, UAE, Cairo, Abu Dhabi, African Union, KHARTOUM, Omdurman, Bahri, Darfur, North Kordofan, Port Sudan, El Geneina, Chad, Sudanese, Africa, East, Europe, Dubai, Washington
Total: 25