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Traders work on the floor of the New York Stock Exchange (NYSE) on August 05, 2024, in New York City. "The market got a little bit ahead of itself in that run-up that it's had. Soon, traders began pricing in aggressive Fed rate cuts after expecting the central bank to do little the rest of the year. "This is the confluence of a very high market that has been soaring and riding on a lot of sentiment and emotion. For several months now, the momentum trade has been the successful trade," said Michael Farr, CEO of Farr, Miller & Washington.
Persons: Spencer Platt, Robert Teeter, it's, John Belton, , Kamala Harris, Republican Donald Trump, Michael Farr, Farr Organizations: New York Stock Exchange, Getty, Federal Reserve, Silvercrest Asset Management, Dow Jones, Labor Department, Gabelli, Bank of Japan, Nvidia, Democratic, Republican, Miller & Washington Locations: New York City, cumulatively, Ukraine, U.S
The laws of capitalism say we have to constantly be on the move — work hard, play hard, consume hard, rinse and repeat. In an age where you're supposed to optimize everything, maybe it's fine to just be … fine. "You really do need to work hard and earn a lot (or inherit a lot) to live in decent material conditions in these contexts," he said. Related storiesAs the old saying goes, money doesn't equal happiness (though I have a hard time believing it doesn't help). "There's a hell of a lot of people who are really going to be normal or average, ordinary.
Persons: Thomas Curran, we're, Curran, Avram Alpert, Alpert, Barry Schwartz, Swarthmore College who's, Schwartz, Nathan Cheek, We're, doesn't, influencers, You've, Taylor Swift, Kelly Goldsmith, Jamie Ducharme, Goldsmith, they've, , isn't, it's, Beyoncé, Emily Stewart Organizations: London School of Economics, Swarthmore College, Purdue, YouTube, Vanderbilt University, American Psychological Association, Ivy League ., Business Locations: America, Greece
PARIS — The best shot putter in track and field’s history spent this spring and summer experiencing something unusual: vulnerability. Doctors didn’t clear him to resume throwing the 16-pound metal shot until almost June. Only four men have thrown past 75 feet, 5 1/2 inches (23 meters) — and Crouser has done it nine times. It is not as though Crouser has won multiple Olympic and world championships while beating up on inferior competition, either. “I don’t really talk when I see him training because he’s the world record holder,” said triple jumper Jaydon Hibbert, a medal contender from Jamaica who competes collegiately for Arkansas.
Persons: Ryan Crouser, didn’t, ” Crouser, , ” Ryan Crouser, Adam Davy, Crouser, Ralph Rose, Parry O’Brien, Tomasz Majewski, it’s, , Jaydon Hibbert, “ I’m, he’d Organizations: PARIS, Paris Olympics, London Athletics, Stade de France, University of Arkansas, Razorbacks Locations: Oregon, Rio de Janeiro, Tokyo, Paris, U.S, Rio, Fayetteville , Arkansas, Jamaica, Arkansas
It made him not only shot put’s farthest thrower of all time — Crouser owns the world and Olympic records — but also indisputably its most dominant. “To say the least.”His opening throw of 74 feet, 3 ½ inches would have been enough to win gold by itself. It is not as though Crouser has won multiple Olympic and world championships while beating up on inferior competition, either. “I don’t really talk when I see him training because he’s the world record holder,” said triple jumper Jaydon Hibbert, a medal contender from Jamaica who competes collegiately for Arkansas. “I’m not going to bother the world record holder.”Ryan Crouser during the London Athletics Meet on July 20.
Persons: Ryan Crouser, — Crouser, putters Ralph Rose, Parry O’Brien, Tomasz Majewski, Bolt, Carl Lewis, Denis, Bernat, Crouser, didn’t, ” Crouser, , Leonardo Fabbri, Joe Kovacs, , Jaydon Hibbert, “ I’m, ” Ryan Crouser, Adam Davy, he’d Organizations: PARIS, Stade de France, Paris Olympics, University of Arkansas, Razorbacks, London Athletics Locations: Saint, France, Oregon, Italian, London, Paris, Rio, Tokyo, Fayetteville , Arkansas, Jamaica, Arkansas
And workers themselves welcome the new culture of flexibility that offers them a better work-life balance. AdvertisementThere is no doubt that the transition is underway, Ravin Jesuthasan, a renowned future-of-work expert and author of "The Skills-Powered Organization," told Business Insider. However, some organizations exhibit a certain amount of inertia when it comes to adapting to the new working culture. There's lots of people who want to come work here, and so this is our culture and this is how we're going to sustain our culture," Jesuthasan said. The most important thing is that people have to understand the logic of why you create these rules," the future-of-work expert said.
Persons: , Ravin, Jesuthasan, We've, Richard Baker, it's, It's, that's, I'm Organizations: Service, Business, Organization, Employees
Dave Stephenson teased massages, personal chefs, and other add-ons in an interview with Bloomberg. It's the latest tactic the company is considering to woo travelers who might otherwise book hotels. Go to newsletter preferences Thanks for signing up! While attending the Olympics, Airbnb executive Dave Stephenson told Bloomberg that the short-term rental giant is considering an array of new offerings for guests. In his remarks, Stephenson mentioned massages, personal chefs, and more frequent cleanings — amenities that mimic those found in many luxury hotels.
Persons: Dave Stephenson, massages, , Stephenson Organizations: Bloomberg, Service, Business
For most of the athletes at the Paris Olympics, the accommodations are to be endured, rather than enjoyed. In the name of sustainability, the beds at the Olympic Village feature cardboard frames and inflatable mattresses. To the horror of the French, the British have even complained about the food. They are spending the Games in a temperature-controlled, tastefully appointed housing complex set amid the ornate splendor of Versailles. Life, at the Olympics, should be good for the horses.
Persons: tastefully, Charlotte Dujardin Organizations: Paris Olympics, International Equestrian Federation Locations: Versailles
There's a joke in Norway that people move here for two reasons: a job or love. I'm much happier in Norway. Better work-life balanceIn Norway, there's a big departure from the work-centric mentality that I'm used to in the U.S. Free time, family time and personal well-being are prioritized. For me, I think I'm still a bit governed by my American roots when it comes to work-life balance. Happiness in Norway is often less about feeling constant joy and more about taking care of myself and others.
Persons: I'm, I've, Gabriella Mikiewicz, it'll, it's Organizations: Intercultural Relations, U.S ., fireside Locations: Norway, Europe, U.S, Oslo, Lofoten, Gabriella Mikiewicz Norway, Chicago, there's, it's, Loen, panicking, Rjukan
CNN —When women first competed in Olympic track and field events in 1928, they wore loose t-shirts and wide shorts, sometimes cinched with a belt. Nike's design for the US women's team outfit, right, is seen in an image posted to X by @CitiusMag. The controversy follows a headline-making protest at the 2020 Tokyo Games, when the German women’s gymnastics team rejected bikini-cut unitards in favor of fuller coverage, in a statement against “sexualization in gymnastics,” the German Gymnastics Federation said at the time. Function and styleOn the Olympic track, there aren’t many regulations when it comes to what athletes can wear. But more fabric hasn’t caught on since then for women track athletes; instead, the reverse has trended.
Persons: Lauren Fleshman, , Tara Davis, Woodhall, Katie Moon, Sha’Carri Richardson, Judy Simpson, Jackie Joyner, David Cannon, , Gadget, Abebe Bikila, hemlines, Dobriana Gheneva, ” Gheneva, That’s, Florence Griffith Joyner, Richardson, Vogue, Florence Griffith, Joyner, Tony Duffy, Sha'Carri Richardson, Griffith Joyner, Tim Clayton, Corbis, Griffith Joyner’s, Serena Williams, Cathy Freeman, Flo, Gheneva, baring Organizations: CNN, Nike, Games, US, @CitiusMag, Paris, USA, Field, USATF, Angeles Olympics, German Gymnastics Federation, World Athletics, Ethiopian, Gamma, Getty, Fashion Institute of Technology, Reebok, , Locations: German, Keystone, France, New York
“I think it was the worst pressure you could ever be put under,” British former sprinter Allan Wells, who won 100m gold at the 1980 Moscow Olympics, told CNN Sport. “You run through it in your head thousands of times – the start, the gun going off,” Wells added. “It was the worst feeling you could ever have but still be in control of what you were hoping to achieve,” said Wells, one of only three British sprinters to win 100m gold at the Olympics. The legendary Bolt, winner of three consecutive 100m gold medal between 2008 and 2016, said that he would try not to overthink things. Bolt was famously relaxed on the start line, fist-bumping race officials and playing up to the crowd with gestures and poses.
Persons: crouch, Allan Wells, ” Wells, – you’ve, you’ve, Zharnel Hughes, cramping, Hughes, , Wells, Bolt, ” Donovan Bailey, Canada’s, ’ That’s, ” Bailey, Bailey, Michael Johnson, ’ ” Donovan Bailey, John Giles, Noah Lyles, “ Noah, ” Jo Brown, Lyles, , Brown, she’s, “ They’ll, , ” Noah Lyles, Yu, Christian Petersen, Kishane Thompson, Ferdinand Omanyala –, Sha’Carri Richardson, Shelly, Ann Fraser, Pryce, “ It’s Organizations: CNN, Paris ’ Stade de France, CNN Sport, Olympics, NBC, Olympic, Olympic Games Locations: British, Tokyo, Atlanta, Seville
Read previewThis as-told-to essay is based on a conversation with Eleni Trapp, a 26-year-old UX designer from Florida who left her corporate job to freelance. Now, I'm a freelance UX designer who gets to write my own rules. As a UX designer, my job would be to transition their brick-and-mortar business into the digital landscape. I knew I wouldn't be happy settling into another corporate job so I decided to take a chance on freelancing. AdvertisementI'm building a space to channel my feminine rageAs I continue to freelance, I'm also building a business I'm endlessly passionate about.
Persons: , Eleni Trapp, It's, I'm, hadn't, I'd, wasn't, I've, Trapp, Tess Martinelli Organizations: Service, Business, LinkedIn Locations: Florida, tmartinelli@insider.com
I had quit my dream job as a video journalist to heal my burnout and find happiness beyond traditional measures of success and prestige. Happiness is not about extremes, but balanceFor years, I thought working my dream job would bring me the ultimate happiness. I realized that I won't find lasting happiness unless I'm living a life balanced between adventure, rest, productivity, and learning. I realized that I won't find lasting happiness unless I'm living a life balanced between adventure, rest, productivity, and learning. I was jealous — my life felt lame in comparison to the epic, picture-perfect lives they seemed to lead.
Persons: I'd, Helen Zhao, doesn't Locations: Los Angeles, South America, Asia, Indonesia, Vietnam, Patagonia, Los Angeles and New York City, Southeast Asia, LA, Bali
CNN —Maybe a hug from a parent no longer solves problems for a teen as it did in their childhood. But when it comes to teenage mental health, adults can do a lot to help, according to new data. The survey found that 1 in 6 parents have a hard time comforting and communicating with their teen. ridvan_celik/E+/Getty ImagesThe worsening mental health and rising stakes of teens often puts parents in a difficult place. That scenario is why it’s important for parents and caregivers to have their own mental health resources, said Dr. Whitney Trotter, a doctor of nursing practice, psychiatric and mental health nurse practitioner and registered dietitian in Austin, Texas.
Persons: , Lisa Damour, , Damour, Stephanie Marken, Whitney Trotter, Laurence Steinberg, , they’ll, ” Damour, Marken, Trotter, ” Marken, “ It’s Organizations: CNN, Walton Family Foundation, Gallup, Adolescents, Social, Temple University, Locations: Ohio, Austin , Texas, Philadelphia
Biden also had multiple conversations about the deal with his German counterpart Olaf Scholz, including when the chancellor visited the Oval Office in February. Convicted Russian assassin Vadim Krasikov, who was jailed in Germany, was critical to getting Russian President Vladimir Putin to agree to a deal. Vladimir Putin, President of Russia, will do that for me, but not for anyone else, and WE WILL BE PAYING NOTHING!” Trump said. “Why didn’t he do it when he was president?” Biden said before turning to leave the room. A senior administration official defended the release of Krasikov as part of the deal.
Persons: Russia –, Joe Biden, Evan Gershkovich, Paul Whelan, Kamala Harris, Biden, Donald Trump’s, Harris, , ” Biden, ” Trump, , They’re, Olaf Scholz, Vadim Krasikov, Vladimir Putin, Putin, Ohio Sen, JD Vance, CNN’s Steve Contorno, Trump, Gershkovich, Whelan, Scholz, Krasikov, Paul, Evan, Alsu, Vladimir, Vladimir Kara, Murza, Alsu Kurmasheva, CNN’s MJ Lee, Jennifer Hansler, Kylie Atwood, Ivana Kottasova, Alex Marquardt, Betsy Klein, Donald Judd, Sam Fossum, Steve Contorno, Kit Maher, Jeff Zeleny Organizations: CNN, Russia, Wall Street, NATO, Slovenian, HOME, WE, White, Munich, Conference, Locations: United States of America, Russia, Israel, Ukraine, Germany, Ohio, Berlin, American, Russian
Now the central bank is mulling over when to do something it hasn’t done since the darkest days of the pandemic: cut interest rates. “A rate cut could be on the table in the September meeting,” Fed Chair Jerome Powell said on Wednesday, immediately jolting markets. When will the Fed cut rates? Rate cut probabilityThat said, investors are entirely convinced the Fed will cut rates at their September meeting, according to Fed funds futures data. Torsten Slok, Apollo Global’s chief economist, is maintaining his prior forecast that the Fed won’t cut rates at all this year.
Persons: Jerome Powell, we’re, It’s, Powell, , ” Powell, Torsten Slok, Apollo Organizations: New, New York CNN, Federal Reserve, Fed, European Central Bank, CNN Locations: New York,
Featured Offer for Military Members USAA Preferred Cash Rewards Credit Card Apply now lock icon An icon in the shape of lock. Good to Excellent Pros Check mark icon A check mark. Good to Excellent Pros Check mark icon A check mark. Good to Excellent Pros Check mark icon A check mark. Military members will have their credit vetted just as anyone who applies for a credit card.
Persons: USAA, Cash, Uber, Wiley, Julie Mehretu, Peacock, Uber Cash, Hilton, that's, Marriott, Regis, Chase Travel ℠, Chase, Hyatt, , you’ve, Miles you've, Miles you’ve, Miles, There’s, Cardholders, You'll, Sapphire, Instacart, you'll, you've Organizations: Business, Hilton, Military, Auto, American Express, Marriott, Saks, Entertainment, Disney, ESPN, The New York Times, Street, American, Walmart, TSA, Global, Saks Fifth, Hilton Honors, Marriott Bonvoy, Ritz, Carlton, TSA PreCheck, Cell, New Hampshire Insurance Company, AIG Company, Delta SkyMiles ®, Delta, Delta Sky Clubs, ®, SkyMiles ®, Delta Sky Club, Delta Sky, U.S, Delta SkyMiles, Chase, Chase Travel, Sapphire, Chase Sapphire, FDIC, United, United ®, United Club, Southwest ®, Rapid, Southwest, Rapid Rewards, Hyatt, Hyatt Credit, Resorts, Hotels, InterContinental ®, Crowne Plaza, Discover, Discover's, Discover . Discover, Navy Federal Credit, Navy, Credit, Amazon Prime, Amazon, Navy Federal Credit Union, Card, Citi, Bank, Centurion, Honors, Hilton Diamond, Aspire, Delta Reserve American Express, American Express Card, Delta Reserve, Chase Sapphire Reserve, United Airlines, Hertz, Hyatt Credit Card, IHG, Credit Card, Rewards, Navy Federal Flagship, . Navy Locations: Hulu, Caribbean, American, delta.com, Canada, Hyatt, Chevron, St, Regis
With Harris at the top of the ticket, Democrats now see a chance to refocus voters on the issue and restore their margins among the abortion rights voters who had notably drifted away from Biden. In both the 2020 and 2022 campaigns, voters who backed legal abortion provided overwhelming support to Biden and other Democratic candidates. Across all of those battleground states, Biden this year was performing well below that level with voters who support legal abortion, polls have found. Those abortion rights voters also split about evenly on whether Biden or Trump was better for the economy. “Many of them aren’t single issue abortion voters; they are worried about the economy and inflation, they are worried about immigration,” McLaughlin said.
Persons: Kamala Harris, Joe Biden, wasn’t, Donald Trump’s, Harris, Biden, , Democratic pollster Anna Greenberg, “ It’s, Dobbs, Charles Franklin, Tony Evers, Katie Hobbs, Josh Shapiro, Gretchen Whitmer, Whitmer, Shapiro, Franklin, Trump, Roe, Wade, , Lake, Melissa Williams, ” Harris, Tresa Undem, ‘ what’s, , Greenberg, ” Greenberg, , John Della Volpe, Della Volpe, energize, Jason Cabel Roe, ” Trump, He’s, “ Donald Trump, Jim McLaughlin, McLaughlin, ” McLaughlin, Williams, JD Vance, ” Williams Organizations: CNN, Democratic, Edison Research, Democratic House, Democrats, Marquette Law School, SSRS, Quinnipiac University, Yahoo, Quinnipiac, Trump, Times, YouGov, Biden, Catholic, ” Voters, GOP, Harvard Kennedy School Institute of Politics, Republican Party, , Republicans, White House Locations: The Marquette, Pennsylvania , Wisconsin, Arizona, Georgia, Wisconsin, Pennsylvania, Michigan, London, Harris, Iowa, America, Trump
Sleep Number i8 Smart Bed (Queen) If you and your partner just can't agree on mattress firmness, the Sleep Number i8 Smart Bed allows you to customize each side to your perfect firmness. Check price at Sleep Number What we like Check mark icon A check mark. AdvertisementReview of the Sleep Number i8 Smart BedI'm a side sleeper but spend time in every sleeping position. The Sleep Number i8 Smart Bed uses ballistocardiography, a measure of ballistic forces coming from your heart, to calculate your sleep quality and provide a sleep score. I strongly recommend the Sleep Number i8 Smart Bed if you can afford it.
Persons: James Brains, couldn't Organizations: Business, Garmin
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Misha comes from the small, mountainous Caucasian country of Georgia — located at the crossroads of Eastern Europe and Western Asia. AdvertisementWhile I'm included in Misha's family gatherings, I always feel like an outsider because I can't fully understand or contribute to the conversation. We both take a few steps outside our comfort zones; I agree to eat dinner at 8:30 p.m., and Misha agrees to consider a retirement and investment strategy. That's OK as long as we practice negotiation and patience in our quest to appreciate and understand each other's cultures.
Persons: , Vera, Misha, Georgia —, It's, Kraft, Elizabeth Lavis, I've Organizations: Service, Business, Georgian, Russo, Kraft Mac Locations: Tbilisi's Vera, Georgia, Eastern Europe, Western Asia, Soviet Union, Georgian, Tbilisi
The normal retirement age is when people are eligible for full retirement benefits without penalty. Countries like Greece boast a normal retirement age of 62. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In the US, people born between 1943 and 1954 can collect full Social Security benefits at age 66. This story is available exclusively to Business Insider subscribers.
Persons: , they've Organizations: Service, Security, Organization, Economic Co, Development, Business Locations: Colombia, Greece
The popular Southeast Asia destination recently introduced a new five-year visa targeted at remote workers and other travelers looking to stay in the kingdom for extended periods. According to a statement issued by the Thai prime minister’s office, the Destination Thailand Visa (DTV) will allow eligible travelers a period of stay up to 180 days per visit, on a multiple-entry basis, within five years. Thailand certainly isn’t alone in its desire to bring travelers in for longer periods. “A global trend we have observed throughout the post-Covid-19 period has been that travelers are staying at destinations for longer,” he says. “These measures will likely enhance the appeal of Thailand for long-term visitors, potentially increasing these proportions over time.”
Persons: It’s, it’s, , Gary Bowerman, ” Bowerman, “ You’ve, Olivier Ponti, Ponti, Organizations: Bangkok CNN, Muay, Thailand Visa, CNN, Locations: Bangkok, Phuket, Muay Thai, Thailand, Southeast Asia, Thai, Asia, , Asia Pacific
When they bought their organic vegetable farm in South Royalton, Vt., slung along the fertile floodplain of the White River, Ashley Loehr and Antoine Guerlain took comfort in the dense buffer of shrubs and trees that lay between their fields and the gently swirling water. It was 2021, a decade after the remnants of Hurricane Irene drove the river far over its banks, swamping the farm and wide swaths of the state. Determined to prevent another such disaster, the prior owner had proactively planted the trees, imagining a rising wall of woods that would at least make future flooding less grievous. There was no way to know if the barrier, 35 feet wide, would be enough — until last July, when another devastating storm surged across Vermont. The river gathered force and busted through, again overtaking fields and destroying crops.
Persons: Ashley Loehr, Antoine Guerlain, Hurricane Irene Locations: South Royalton, Vt, Vermont
The Eiffel Tower shines in the background while the Olympic flag is raised during the opening ceremony in Paris on July 26. Francois-Xavier Marit/Pool/ReutersWelcome to our Saturday coverage of the 2024 Olympic Games, which officially got underway in Paris Friday night with a dazzling opening ceremony. Rain tries to steal the show: Paris’ gray skies opened up about 30 minutes into a three-and-a-half-hour show. Celine Dion returns: After a stunning light show on the Eiffel Tower, one of the most iconic singers of the last several decades, made her return to performing after four years. And when the Olympic flame burst into its cauldron, which was attached to a giant balloon, it began to float.
Persons: Francois, Xavier Marit, Celine Dion, Edith Piaf’s “, , Axelle, Lady Gaga, Zizi Jeanmaire, Zinedine Zidane, Rafael Nadal, Serena Williams, Nadal, Carl Lewis, Tony Parker, Teddy Riner, Marie, José Organizations: Nations, Eiffel, Olympic Broadcasting Services Locations: Paris, of Light, France, Canadian
Premium economy is having a moment
  + stars: | 2024-07-27 | by ( Tom Carter | ) www.businessinsider.com   time to read: +5 min
Some airlines have revamped their premium economy services in recent months, with passengers increasingly tempted by the prospect of upgrading to more luxurious seating without blowing their budget. Delta plans to roll out a premium economy service to transcontinental flights in September, while Singapore Airlines announced its updated premium economy class in March with a 200-item food menu. 'The sweet spot between cost and luxury'Delta plans to roll out a premium economy service to transcontinental flights in September. AdvertisementCounterpoint director and aircraft interiors expert Rob Semple told BI that the key to convincing passengers to upgrade was to make premium economy "visibly better" than economy class to increase the sense of FOMO — while still maintaining a luxury gap between premium economy and the more expensive business class. Advertisement"We all know that economy class sucks on pretty much every airline.
Persons: , United, Collin Heller, Bauer, Griffin, Rob Semple, Semple, Henry Harteveldt Organizations: Service, Singapore Airlines, Business, Alaska Airlines, Wall Street, Counterpoint Market Intelligence, AaronP, Getty, Airlines
Jule Hamrick spent years in physical therapy to learn how to walk again after a West Nile Virus infection. “So kind of like what you see with long Covid, we’ve seen that with West Nile as well, where you can get this ‘long West Nile’ kind of picture.”Watching West Nile patients struggle to recover from their infections made Murray wonder what would become of survivors over time. Brittany Yeager recently returned to the Girl Scout Camp in Idaho where she caught the West Nile virus. She went to two hospitals before a doctor tested her spinal fluid and discovered that she had West Nile virus. The CDC keeps maps of where West Nile cases have been detected in the United States.
Persons: Brittany Yeager, Yeager, Charlie, Streby, , , Kisstina Streby, John Brittingham, he’s, Jule Hamrick, welt, ” Yeager, Brittingham, Jule Hamrick “, Ben Beard, Emma Underwood, , Kristy Murray, Atlanta . Murray, they’ve, ” Murray, Murray, Max Vigilant, we’ve, she’s, Erin Staples, ” Staples, Staples, haven’t, “ It’s, Charlie Yeager Yeager, Heather, ” Heather, Heather Brittingham John, John, backslide, she’d, ” Jule Hamrick, Hamrick, She’s, don’t, It’s, ” Hamrick Organizations: CNN, Girl Scout, US Centers for Disease Control, Prevention’s, Vector, University of South, Emory University, Houston, Harris County Public Health, West, US Food and Drug Administration, New England, of Medicine, CDC, Vaccine, Locations: Idaho, Santa Fe , New Mexico, Roswell , Georgia, University of South Florida, Tampa, Hillsborough County , Florida, West, Atlanta ., New York City, Nile, Harris County, Tex, Texas, West Nile, Kennewick , Washington, CDC’s, United States, Santa Fe, Santa, Albuquerque, Chicago, Houston
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