DIRS.INFO The most relevant business & tech news

☆ School Cellphone Bans Have Buzz, but May Be Hard to Enforce
▼ + stars: | 2024-06-21 | by ( Dana Goldstein | Emily Cochrane | ) www.nytimes.com time to read: +1 min

Do bans apply only to classrooms, or also to hallways, bathrooms and cafeterias, where students are much more likely to be absorbed in TikTok or text messages? Do teachers have the freedom to override bans if phones are being used as part of a lesson? Should school districts purchase devices to lock or hide phones? Gavin Newsom of California after he announced that his state would be the latest — after Florida and Indiana — to pursue a school cellphone ban. Yet some districts with a comprehensive policy have had success, overcoming resistance and seeing a change in student behavior.

Persons: Gavin Newsom, Indiana — Organizations: California Locations: TikTok, Florida, Indiana

☆ Extreme heat is making residential power cutoffs by utilities a matter of life and death, and new political target
▼ + stars: | 2024-06-21 | by ( Kevin Williams | ) www.cnbc.com time to read: +5 min

That's when Virginia joins the small but growing ranks of states protecting disconnects during extreme heat. "We have to account for extreme heat outside the normal months of the year that are increasingly hotter now," Aird said. I predict we will see more places experiencing heat crises and heat emergencies. Nearly three million people have their electricity shut off annually because they cannot afford to pay monthly bills, according to the Energy Justice Lab. A majority of states (40) have statutory-based utility disconnection protections that cover specific times of year and vulnerable populations, according to the Energy Justice Lab.

Persons: Virginia sweltering, Lashrecse Aird, Aird, David Konisky, Konisky Organizations: Indiana University, Energy Justice Lab, Energy Justice, Energy, Washington D.C Locations: Virginia, That's, Petersburg

☆ Extreme heat takes toll on outdoor workers
▼ + stars: | 2024-06-21 | by ( Alicia Wallace | ) edition.cnn.com time to read: +11 min

There’s little to no escape from sweltering temperatures for construction workers like Eva Marroquin, who cleans work sites in Austin, Texas, and has worked in the industry for 17 years. Since 2010, she’s worked closely with the Workers Defense Project, an organization that advocates for protections for low-wage, immigrant workers in the Texas construction industry. Slowing down small businessesIt’s barely just now summer, and heatwaves are already slowing down small businesses, according to Homebase, which provides payroll software to more than 100,000 small businesses, covering 2 million hourly workers. “I think anything that impacts small businesses is affecting the economy as a whole,” he said, noting how small businesses account for half the jobs in the country. For herself, the high heat is more of an inconvenience; the car’s hotter and she just needs to pack some extra water.

Persons: Eva Marroquin, ” Marroquin, Christine Bolaños, she’s, Chris Lafakis, ”, Joshua, Gina Ferazzi, Gregory P, Casey, Jenny Schuetz, Brian Snyder, aren’t, “, John Waldmann, They’re, Katie Parent, Joseph Prezioso, Greer, Denise Greer Jamerson, Norman, Greer Jamerson, you’ve, ‘, “ It’s, it’s, Tamara Lovewell, café, panini, Tamara Lovewell “, Lovewell Organizations: CNN, Capitol, Workers Defense Project, Moody’s, Federal Reserve Bank of San, Williams College, Triple, Los Angeles Times, Environmental Protection Agency, Brookings Metro, Reuters, University of California, Stanford University, Getty, National Weather Service, Ruska Coffee Company Locations: Austin , Texas, Washington ,, Texas, Federal Reserve Bank of San Francisco, Massachusetts, Joshua Tree , California, Boston, Greater Boston, AFP, Princeton , Indiana, , Maine, United States, Caribou .

Trump’s campaign insists the former president is his own best adviser and he alone will make the call. Vance,” Trump Jr. told Newsmax in January. That’s a key concern of Trump’s top advisers who have otherwise let the former president dictate the process. “President Trump should not be made to explain other people’s scandals or statements.”Burgum’s wealth may have worked in his favor for a time when Trump trailed President Joe Biden in the money wars. But the recent influx of cash into the campaign following Trump’s fundraising blitz and criminal convictions has blunted that advantage.

Persons: Donald Trump, Donald Trump Jr, Sen, J.D, Vance, Rupert Murdoch, Trumpworld, Doug Burgum, Sean Hannity, Florida Sen, Marco Rubio, Trump, —, Burgum, Rubio, South Carolina Sen, Tim Scott, Elise Stefanik, Byron Donalds, Ben Carson, “, Susie Wiles, Chris LaCivita, Wiles, “ Susie, Nikki Haley, Scott, In Rubio, Hannity, Kellyanne Conway, Trump’s, Mike Pence, Conway, ” Conway, namechecked Donalds, Marc Andreessen, Brian Hook, Bill Ackman —, Ken Griffin, Griffin, Haley, Steve Bannon, Bannon, Paul, Trump’s Jesus, Jesus, ” Bannon, ” Trump, Newsmax, ” Tucker Carlson, Carlson, Vance “, I’ve, Pence, ”, bankroll, Marco Rubio’s, Joe Biden Organizations: CNN, Ohio Republican, North Dakota Gov, Fox News, Florida, Trump, Republican National Convention, House GOP, Florida Rep, Urban, Street, South Carolina Gov, Indiana Gov, Washington Post, Democratic Party, The New York Times, Wednesday, White, Politico, Trump Jr, GOP, Fox, North, Republican, New, ”, Wall Street, Murdoch’s, Corp, “ Locations: Milwaukee, South Carolina, Florida, New York City, Nevada, Conway, Mar, Washington, South Florida, Miami, Vance’s, North Dakota, White

☆ 2028 L.A. Olympics unveil venue plan: Swimming in SoFi, softball in Oklahoma City
▼ + stars: | 2024-06-21 | by ( Lauren Merola | Mark Cooper | ) www.nytimes.com time to read: +5 min

Organizers for the 2028 Los Angeles Olympics plan to hold swimming in the home of the NFL’s Rams and Chargers — and softball and canoe slalom in Oklahoma. That’s according to an amended venue plan unveiled Friday by LA28, the 2028 Games’ organizing committee. It will be the largest swimming venue in Games history, per LA28, with 38,000 seats. LA28 organizers faced one complication with the SoFi swimming plan, however: The stadium is also set to be part of the Games’ opening ceremonies. The venue plan adjustments are in part due to new arenas that have become available for use and a previously assigned venue that became unavailable, LA28 said.

Persons: LA28, Katie Ledecky, “, ” Ledecky, Sarah Stier, Casey Wasserman, Brian Bahr, David Holt, ” Holt, ” Wasserman, Qian Weizhong Organizations: Olympics, NFL’s Rams, Chargers, Olympic Committee, SoFi, Lucas Oil, NFL, Olympic, New York Times, Athletics, Oklahoma City, USA Softball, International, Devon Park, Women’s, OGE Energy, Getty, IOC, Hollywood, Crypto.com Arena, Lakers, Kings, Sparks, Intuit, LA Clippers, USC’s Locations: Oklahoma, Inglewood , Calif, U.S, Indianapolis, Indianapolis , Indiana, Oklahoma City, Los Angeles, Devon, Okla, Paris, Lille, Tahiti, Long Beach, Calif, Exposition, Temecula , Calif, Sepulveda, L.A, Fernando Valley, Tokyo

☆ My parents attended Big Ten universities, but I chose a smaller, lesser-known one. They often chastised me for that choice.
▼ + stars: | 2024-06-21 | by ( Amy Abbott | ) www.businessinsider.com time to read: +5 min

I was not interested in my dad's college, Purdue, because it lacked a humanities focus. I asked to visit Ball State University in Muncie, Indiana, because I had heard good things about the midsize college. AdvertisementI was irritated and surprised but still wanted to visit Ball State. Ball State lacked the national ratings of the other schools but was renowned for several programs, including one that interested me. I fell in love with Ball StateI attended a summer high school journalism workshop at Ball State, which clinched the deal for me.

Persons: —, impatiently, Aren't, we've, Amy, David, Dorothy, Oz, Tom K, Ryan, Jim Davis, Garfield, I'm, I've Organizations: Service, Business, Purdue, Indiana University, Ball State University, Big Ten, Ball State, Ball, Indiana Locations: Minnesota, mater, Muncie , Indiana

☆ Toyota is recalling 145,000 big SUVs for an airbag problem
▼ + stars: | 2024-06-20 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +1 min

CNN —Toyota is recalling 145,000 Lexus TX and Toyota Grand Highlander SUVs because of an issue that could cause one of the side curtain airbags to fail to deploy in some situations. The curtain airbag on the driver’s side may not deploy properly “during certain crashes” if the driver’s side window is rolled down, according to a statement shared by Toyota Thursday. Toyota did not provide details on the type of situation in which the problem might occur. Both the Lexus TX and Toyota Grand Highlander are new models that went on sale last year. If customers have questions, they can contact Toyota customer service at 800-331-4331 or Lexus customer service at 800-255-3987.

Organizations: CNN, Toyota, Lexus, Toyota Thursday Locations: Princeton , Indiana

☆ Caitlin Clark and Angel Reese rematch poised to be most expensive WNBA game ever
▼ + stars: | 2024-06-20 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —This weekend’s rematch between basketball rivals Caitlin Clark and Angel Reese is breaking more records before it even begins. Ticket prices for Clark’s Indiana Fever and Reese’s Chicago Sky are the most expensive for a WNBA game ever, according to TickPick, with the average hovering at around $253 — 187% higher than the Sky’s average purchase price of $88. Currently, the cheapest seat just to see the game is around $250 with the most expensive ticket on sale going for more than $9,000. Last Sunday’s game between Fever and Sky was the most-watched WNBA game on any network in 23 years, according to CBS, averaging 2.25 million viewers and peaking at nearly 3 million. Clark is no stranger to boosting ratings: The NCAA women’s basketball tournament title game between the South Carolina Gamecocks and her Iowa Hawkeyes drew nearly 19 million viewers, shattering records to become the most-watched women’s college basketball game ever measured by Nielsen.

Persons: Caitlin Clark, Angel Reese, Clark, Reese Organizations: New, New York CNN, Indiana, Chicago Sky, WNBA, CBS, Fever, Sky, Chicago Bulls, CNN, NCAA, South Carolina Gamecocks, Iowa Hawkeyes, Nielsen Locations: New York

☆ Pence’s ordeal isn’t deterring Trump’s potential ticket mates
▼ + stars: | 2024-06-20 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

Former Vice President Mike Pence at the US Capitol on May 16, 2024. This despite history suggesting that, at some point in their potential mandate, a possible President Trump might ask them to so something that tests their consciences, the law or the Constitution. The attractiveness of the vice presidential nomination may reflect Trump’s magnetism and the heady euphoria of being a key player in the “Make America Great Again” movement. He has also made clear to Trump that he wouldn’t have adopted Pence’s interpretation of the constitutional limits on vice presidential powers. Burgum has taken a classic route of parlaying an unsuccessful presidential campaign into a spot in the vice presidential derby.

Persons: Donald Trump’s, didn’t, Mike Pence, Ohio Sen, J.D, Doug Burgum, Florida Sen, Marco Rubio, Marco Rubio , South Carolina Sen, Tim Scott, Elise Stefanik, Arkansas Sen, Tom Cotton, Byron Donalds, Ben Carson, Trump, he’s, Pence, Kent Nishimura, —, there’s, MAGA, Vance, MAGA protégé, ”, Sen, Jeff Kowalsky, he’d, CNN’s Kaitlan Collins, wasn’t, Joe Biden’s, “ I’m, Mike Pence’s, ” Vance, wouldn’t, Rubio, Burgum, Justin Lane, Biden, Trump’s, “, who’s, you’re, Jim Watson, can’t, Kristi Noem, Noem Organizations: CNN, GOP, Republican National Convention, Vance , North Dakota Gov, Tim Scott , New York, Florida Rep, Urban, Capitol, Republican, Trump, Republicans, West Wing, Fox News, Getty, The Ohio Republican, Electoral College, ABC News, North, North Dakota Gov, New, Press, Dakota Gov, ”, South Locations: Vance , North, Florida, Marco Rubio , South Carolina, Tim Scott ,, Arkansas, Huntington, Detroit , Michigan, AFP, Pennsylvania, Georgia, “, parlaying, Indiana, North Dakota, boardrooms, New York City, New York, Washington, West Palm Beach , Florida, “ State, Wisconsin, South Dakota

☆ Caitlin Clark posts double-double in third straight win for the Indiana Fever
▼ + stars: | 2024-06-20 | by ( Matias Grez | ) edition.cnn.com time to read: +2 min

CNN —Caitlin Clark’s double-double helped the Indiana Fever beat the Washington Mystics 88-81 on Wednesday in Indianapolis to win their third straight. Aliyah Boston and Kelsey Mitchell had a team-high 22 points each and both shot a supremely efficient 72.7% from the floor. It’s the first time since 2015 that the Fever have enjoyed a four-game home winning streak. “Whenever they went on a run, we always found a way to respond,” Clark told NBA TV of the team’s resilience. Clark and the Fever now go on a five-game road trip, which begins against the Atlanta Dream on Friday.

Persons: Caitlin Clark’s, it’s, Boston, Kelsey Mitchell, ” Clark, We’re, didn’t, ” Ariel Atkins, Clark Organizations: CNN, Indiana Fever, Washington Mystics, Iowa, NBA, Mystics, WNBA, Fever, Atlanta Locations: Indianapolis

☆ Nearly 100 Million Under Temperature Advisories as Heat Wave Lingers
▼ + stars: | 2024-06-20 | by ( Liam Stack | ) www.nytimes.com time to read: +1 min

The heat shattered temperature records and altered daily routines from the Midwest river valleys to the pine forests of New England, and left roughly one-third of Americans under extreme heat advisories, warnings or watches on Thursday, according to the National Integrated Heat Health Information System. In rural Indiana, sheriff’s deputies conducted wellness checks on older residents. And in the New York region, students left school early — some because their schools closed at midday, and others because worried parents took matters into their own hands. Simone Machado pulled her son Bryan, 10, out of school at Ann Street Elementary School in Newark, the largest city in New Jersey, early on Thursday because of the heat. By the time she got there, a bright red heat rash had already bloomed across his neck.

Persons: sheriff’s, Simone Machado, Bryan Organizations: National, Ann Street Elementary School Locations: United States, New England, Indiana, In Maine, New York, Newark, New Jersey

☆ Caitlin Clark Is a Rorschach Test for Sports Fans
▼ + stars: | 2024-06-19 | by ( Lindsay Gibbs | ) www.businessinsider.com time to read: +9 min

But nothing that Clark does — or that is done to Clark — is treated as normal. That was just the latest bulletin in a months-long news cycle trailing everything Clark does. ESPN's Stephen A. Smith said WNBA players should go easier on Clark in games if they want to keep up record viewership: "Protect the golden goose." Related storiesThese days, watching Caitlin Clark play basketball has become a Rorschach test for a deeply divided country. Four years ago, WNBA players actually helped flip a Senate seat in Georgia.

Persons: Caitlin Clark, —, Clark, Clark —, Angel Reese, ESPN's Stephen A, Smith, Nikki Haley, Cathy Engelbert, Wilson, Michael Jordan Michael Hickey, she's, we've, Megan Rapinoe, Donald Trump, Brittney Griner, Matt Leinart, Reese, Pat McAfee, Eminem, Chennedy Carter, Carter, That's, I'm, Dijonai Carrington, Carrington vocalized, Emilee Chinn, Sabrina Ionescu, Breanna Stewart, A'ja Wilson, Clark Caitlin Clark, — infantilize, James Boyd Organizations: WNBA, Business, Chicago, CNN, Fox News, ESPN, Olympic, GOP, Chicago Sky, That's, Connecticut Sun, Getty, Black, Nike, The Locations: Iowa, Hollywood, Indiana, America, Georgia, Russia, Chicago, Washington ,, Connecticut

☆ Nvidia and these other megacap stocks are extremely overbought and could be due for a near-term pullback
▼ + stars: | 2024-06-19 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

Now that megacap stocks have lifted the S & P 500 and Nasdaq Composite indexes to all-time highs, some stocks in the group have risen so high, so fast they may actually be due for a pullback. Pharmaceutical developer Eli Lilly , maker of Mounjaro for Type 2 diabetes and Zepbound for obesity, is higher by 53% this year. By contrast, the S & P 500 is up 15% this year, through Tuesday's close. Eli Lilly is also now extremely overbought, Bespoke said, after benefiting from increased demand for its weight loss and diabetes drugs. Other stocks considered extremely overbought are Nvidia, Apple and Microsoft, which have traded more than 33%, 17% and 7%, respectively, above their 50-day moving averages.

Persons: Eli Lilly, Lilly Organizations: Nasdaq, Nvidia, Broadcom, Pharmaceutical, Investment, Microsoft, Apple Locations: Tuesday's, Indiana

☆ I've been to all 50 states. I'm not in a rush to return to these 5, even though I liked visiting them.
▼ + stars: | 2024-06-18 | by ( Emily Hart | ) www.businessinsider.com time to read: +1 min

As a frequent solo traveler, I've been lucky enough to visit all 50 US states. Although I've loved aspects of every state, there are some places I'm not in a rush to return to. Indiana, North Dakota, and Kansas are some of the states I don't plan to return to anytime soon. But as a frequent solo traveler, I've been lucky enough to visit all 50 US states. Although I've found beauty in all 50 states and would honestly return to them all, there are some that I'm in less of a rush to visit again.

Persons: I've, I'm, — Organizations: Service, Business Locations: . Indiana , North Dakota, Kansas

☆ Boston Celtics capture historic 18th NBA title with 106-88 Game 5 victory over Dallas Mavericks
▼ + stars: | 2024-06-17 | by ( Homero De La Fuente | ) edition.cnn.com time to read: +5 min

The Celtics beat the Dallas Mavericks 106-88 in Game 5 of the NBA Finals in Boston on Monday night to win the series 4-1 and secure their league-record 18th title. I’m lost for words.”Brown was named the NBA Finals MVP after averaging 20.8 points, 5.4 rebounds and five assists per game in the series. 7, was named the NBA Finals MVP. He scored 21 points Monday, and averaged 20.8 points, 5.4 rebounds and five assists per game in the series. Celtics guard Jrue Holiday had 15 points and 11 rebounds, while playing relentless defense to hold the Mavericks stars in check.

Persons: Jayson Tatum, Jaylen Brown, Tatum, Brown, “, I’m, ” Brown, Russell, Garrett Ellwood, Dallas, Payton Pritchard, Luka Dončić –, –, Kyrie Irving, Jrue Holiday, overqualified, Derrick White, we’ve, ” Tatum, CNN’s Samuel Joseph Organizations: CNN, Boston Celtics, Celtics, Dallas Mavericks, NBA, ABC, Lakers, Mavericks, Boston, Miami Heat, Cleveland Cavaliers, Indiana Pacers, Eastern, Golden State Warriors Locations: Boston, Minneapolis, Los Angeles, Dallas

☆ 'Inside Out 2' saved the summer box office — and proved Pixar was right to lean on sequels
▼ + stars: | 2024-06-17 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewDisney proved it still has some box-office firepower this weekend with Pixar's "Inside Out 2." The film had the biggest three-day opening weekend of the year, grossing $155 million domestically and $295 million worldwide. That's also the second-biggest domestic opening ever for an animated movie, behind another Pixar title, 2018's "Incredibles 2" ($182.6 million). AdvertisementClearly, now that Pixar movies are back in theaters, they're going to be playing everywhere — and that strategy is working.

Persons: —, That's, Will Smith, Luca, Oscar, Riley, Bing Bong, it's, It's, Alisha, Bob Iger, Raya, John Krasinski's, you'll, Indiana Jones Organizations: Service, Pixar, Business, Disney, Hollywood Locations: Oklahoma

☆ Bidenomics: The Queen Bee Is Jennifer Harris - The New York Times
▼ + stars: | 2024-06-17 | by ( Farah Stockman | ) www.nytimes.com time to read: +2 min

Our host, Jennifer Harris, gave a speech about how economic ideas change to meet the needs of a new era. In a room full of V.I.P.s, she was the Queen Bee. I was thrilled when the Biden administration came in with a plan for big federal investments in the American industrial base, tariffs, support for labor unions and actions against monopolies. To understand who Ms. Harris is, you have to know who she used to be. For years, she felt like an oddball in Washington, where both parties were still in thrall to neoliberalism.

Persons: I’ve, Jennifer Harris, Queen Bee, I’d, Harris, Trump, —, Biden, thrall Organizations: Biden, steelworkers, Department Locations: San Francisco Bay, Washington, Indiana, Mexico, China, United States

☆ Opinion: Call it ‘Make America Chaste Again.’ And it’s a losing message for the GOP in 2024
▼ + stars: | 2024-06-17 | by ( Opinion Karen Finney | ) edition.cnn.com time to read: +9 min

In a recent television interview, Trump said he was considering restricting access to birth control and leaving the decision to the states. Taking to social media, Trump falsely claimed that neither he nor the Republican Party supported imposing restrictions on or banning birth control. The plans call for again attacking birth control through executive action, including threatening access to IUDs and emergency contraception. In Arizona, GOP Senate Majority Leader Sonny Borrelli absurdly suggested that women could simply hold “an aspirin between their knees” as birth control. In Iowa, legislation falsely conflated birth control with abortion to block the approval of over-the-counter birth control pills.

Persons: Karen Finney, Hillary Clinton, I’ve, Karen Finney Ralph Alswange, Donald Trump, Roe, Wade, — Trump, Trump, Wade —, Joe Biden, Kamala Harris, ”, Comstock, Stephen Miller, Roger Severino, Severino, Susan B, Anthony Pro, Donald Trump’s, Biden, Servino, Sonny Borrelli, Glenn Youngkin, Chuck Schumer, Kellyanne Conway, we’ve Organizations: CNN, Democratic, UCLA, MAGA Republicans, Republican Party, Trump, Trump Administration, GOP, Heritage Foundation, Trump Health, Human Services Department, Republican, Congressional Republicans, Republicans Locations: It’s, Roe, America, Arizona, Indiana, Iowa, Wisconsin, Alabama , Arizona, Florida, Georgia , Iowa, Louisiana , Mississippi , Nevada , North Carolina , Tennessee, Virginia, Alabama, American

☆ White Castle is taking drive-thru orders using an AI voice system that claims to be more accurate than a human
▼ + stars: | 2024-06-17 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

White Castle is just one in a long line of restaurant chains toying with drive-thrus powered by voice-recognition AI. Chains such as Taco Bell, McDonald's, and Checkers & Rally's have all tested or introduced voice AI drive-thrus. AdvertisementBut voice AI drive-thrus are far from achieving widespread adoption. Last year, restaurant-tech company Presto Automations revealed in an SEC filing that over 70% of its voice AI orders required assistance from off-site human workers. AdvertisementIf customers don't want to order using the voice AI system, they can ask to speak to a human, he said.

Persons: —, Julia, Julia isn't, Taco Bell, McDonald's, Jamie Richardson, White, Richardson, Ben Bellettini, SoundHound's, SoundHound, SoundHound doesn't, fryer Organizations: Service, Business, SEC, IBM Locations: White, St Louis, Cincinnati, Indiana, Merrillville

☆ Katie Ledecky qualifies for her fourth Olympics; Gretchen Walsh sets world record at US trials
▼ + stars: | 2024-06-16 | by ( Jacob Lev | ) edition.cnn.com time to read: +1 min

CNN —US swimming star Katie Ledecky qualified for her fourth Olympic Games by winning the 400m freestyle on Saturday at the US Swimming Olympic Team Trials. Sarah Stier/Getty Images100m butterfly world record in the semifinalsElsewhere, Gretchen Walsh set a world record in the women’s 100m butterfly with a time of 55.18 in a semifinal heat. The 21-year-old Walsh swam past the record mark of 55.48 set by Sweden’s Sarah Sjöström at the 2016 Rio de Janeiro Olympic Games. Walsh will look to qualify for her first Olympic Games on Sunday. The US Swimming Olympic Team Trials continue through June 23.

Persons: Katie Ledecky, “, ”, Ledecky, I’ve, Gretchen Walsh, Sarah Stier, Walsh, Sweden’s Sarah Sjöström Organizations: CNN, Olympic, Lucas Oil, Reuters, Indianapolis Colts, Olympic Games Locations: Indianapolis , Indiana, London, Paris

☆ RV sales are picking up. That’s a good sign for the economy
▼ + stars: | 2024-06-16 | by ( Alicia Wallace | ) edition.cnn.com time to read: +10 min

When consumer sentiment falters or the economy starts to teeter, RV sales follow suit, said Michael Hicks, an economics professor at Ball State University and director of Indiana University’s Center for Business and Economic Research. “People don’t make these large, luxury purchases unless they’re actually feeling better about the economy,” said Hicks, who follows the RV industry closely. “It’s so sensitive to interest rate changes, which often precede a downturn.”A Winnebago travel trailer at Motor Sportsland RV dealership in Salt Lake City on April 6, 2020. Nika Shneyder and her father and business partner, Alex Shneyder, standing by a Chill RV in Malibu RV Park, California, in 2019. They moved down to a historically strong, but noticeably smaller, 493,000 the next year, according to data from the RV Industry Association.

Persons: That’s, Nika Shneyder, “ We’re, ” Shneyder, “, Michael Hicks, ”, Hicks, George Frey, bode, ” Michael J, Happe, hasn’t, We’ve, we’ve, Covid, Alex Shneyder, Nika, they’d, Monika Geraci, David Titus, Ty Wright, there’s, Ball State’s Hicks, ’ Titus, they’re, we’ll, Titus, ” Titus Organizations: CNN, Ball State University, Indiana University’s Center for Business, Economic Research, Bloomberg, Getty, Winnebago Industries, RV Industry, Dealers, RVs, Consumers, HL Enterprise, Manufacturing, of Labor Statistics Locations: Los Angeles, teeter, Salt Lake City, YOLO, Malibu, , California, Elkhart , Indiana, The Northern Indiana, South Bend, Elkhart, “, Elkhart .

☆ This couple lives in a vintage 940-square-foot trailer by the beach for $5,100 a month: It's 'the California dream'
▼ + stars: | 2024-06-15 | by ( Jaclyn Westlake | ) www.cnbc.com time to read: +7 min

When my husband Brian first told me he's from Laguna Beach, it took everything in me to play it cool. Deciding we wanted to stay in Laguna Beach wasn't hard — I mean, it's beautiful, sunny, laid back, and has a thriving art scene. Finding a creative way to live in Laguna BeachThe median home price in Laguna Beach hovers around $3 million and the median monthly rent is over $8,000. Take a look inside our 'vintage' Laguna Beach trailerOur two-bedroom, two-bathroom home was built in the 1960s. The trailer is across the street from the beach and Jaclyn and Brian typically head over a couple days a week.

Persons: Brian, millennials, I'd, Kristin, Seth, Brian's, we'd, We've, Jaclyn Westlake, we're, Jaclyn, Tristan Pelletier, you'll, it's, Brian didn't, Indiana Jones, we've Organizations: CNBC, Brian's Locations: Laguna Beach, Los Angeles, Laguna, Brian's, It's, California

☆ Caitlin Clark: WNBA star says people weaponizing her name is ‘disappointing’
▼ + stars: | 2024-06-14 | by ( Ben Church | ) edition.cnn.com time to read: +4 min

CNN —As she adjusts to life in the WNBA, rookie phenom Caitlin Clark is also having to navigate becoming a lightning rod for societal discourse. “It’s disappointing,” replied Clark ahead of the Indiana Fever’s home game against the Atlanta Dream. Her rivalry with fellow star Angel Reese, for example, has triggered discourse about race in the US. Clark has had a mixed start to her WNBA career so far, showing flashes of her brilliance but struggling initially with the physicality of the professional game. “Nobody’s apathetic about the WNBA because we’ve brought in so many new fans into what we call the fan funnel this year.”

Persons: Caitlin Clark, Clark, she’d, “ It’s, ”, “, Steph Chambers, Angel Reese, Reese, I’ll, ” Reese, ‘, ” Clark, don’t, DiJonai Carrington, ” Carrington, reignite, Cathy Engelbert, haven’t, ’ ’, Engelbert of Clark, “ We’re, Caitlin, Engelbert, Cameron Brink, we’ve Organizations: CNN, WNBA, Indiana Fever, Indiana Fever’s, Atlanta, Seattle Storm, NCAA, Sun, Twitter, Indiana, Chicago Sky, USA, Wednesday Locations: USA

☆ CPI report: Inflation slowed in May, hinting at welcome relief for consumers
▼ + stars: | 2024-06-12 | by ( Alicia Wallace | ) edition.cnn.com time to read: +6 min

Falling gas prices kept inflation in check following a 0.3% gain in April. “Adding to the good inflation news, core services inflation (excludes energy services) printed its mildest monthly increase since September 2021,” Kathy Bostjancic, Nationwide’s chief economist, wrote in a note issued Wednesday. On an annual basis, shelter inflation slowed a tenth of a percentage point to 5.4%, which is its lowest rate since April 2022. Still, those costs continue to run hot for consumers, with transportation services prices up 10.5% from a year ago and car insurance up 20.3%. Soft CPI boosts chances for Fed cutsThe CPI, which tracks average change in prices for a basket of goods and services common to consumers, is the most widely cited inflation metric.

Persons: ” Philip T, Powell, They’re, ” Kathy Bostjancic, Indiana University’s Powell, it’s, ” Sean Snaith, ” Preston Caldwell, Tool, “, ” Scott Anderson Organizations: CNN, Inflation, Federal, Bureau of Labor Statistics ’, Indiana Business Research Center, Indiana University Kelley School of Business, Federal Reserve, CPI, Transportation, University of Central, Soft, Fed, Morningstar, BMO Bank Locations: “, Indiana, University of Central Florida

☆ A successful Alzheimer's drug will help Eli Lilly join the $1 trillion club
▼ + stars: | 2024-06-11 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +7 min

Eli Lilly became the most valuable health-care company in the world on the back of its blockbuster diabetes and obesity drugs. The billions of dollars in Eli Lilly is investing in manufacturing capacity support the idea that the long-term opportunity is immense. Adding Eli Lilly to the market could help address some of the obstacles that limited Leqembi's sales early on. Eli Lilly, which has spent billions in search of a successful Alzheimer's treatment , had hoped for donanemab to be approved by now. A sign with the company logo sits outside of the headquarters campus of Eli Lilly and Company on March 17, 2024 in Indianapolis, Indiana.

Persons: Eli Lilly, donanemab, Eli Lilly's, Donanemab, Leqembi —, Biogen, —, Jim Cramer's, Ken Langone, Morgan Stanley, Cantor Fitzgerald, Leqembi, Jim Cramer, Jim, Scott Olson Organizations: Food and Drug Administration, FactSet, Novo Nordisk, FDA, GE Healthcare, CNBC, Company, Getty Locations: GLP, Indianapolis , Indiana

Search resuls for: "Indiana"

25 mentions found