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☆ More teens are working. Here's why a job is 'becoming more compelling' for them, economist says
▼ + stars: | 2024-07-18 | by ( Genna Contino | ) www.cnbc.com time to read: +2 min

Last month, more than 5.7 million 16- to 19-year-olds participated in the labor market, Bureau of Labor Statistics data shows, marking the highest teen employment rate in June since 2007. Economists say more teens have been drawn to the workforce because of a hot labor market with more attractive wages. And as long as the economy stays strong, experts aren't expecting a dip in teen employment on the horizon. Economists say the overall direction teen employment takes depends heavily on where the economy is headed. A perfect storm of a tight labor market, rising wages, high education costs and curbed immigration could result in continued higher youth employment, Nestler said.

Persons: Jeff Greenberg, aren't, Brad Hershbein, Hershbein, Young, Matthew Nestler, they're, Nestler Organizations: Universal, Getty, of Labor Statistics, . Upjohn Institute, Employment Research, KPMG, CNBC Locations: Miami Beach , Florida

☆ Education Department to forgive $1.2 billion in student debt for 35,000 borrowers
▼ + stars: | 2024-07-18 | by ( Annie Nova | ) www.cnbc.com time to read: +1 min

US President Joe Biden speaks about student loan relief at Madison College in Madison, Wisconsin, on April 8, 2024. The Biden administration announced it will cancel $1.2 billion in student debt for 35,000 workers, as a result of its recent fixes to a popular debt relief program for public service workers. But the program has been plagued by problems, making people who qualified for the relief a rarity in the past. Under the Biden administration, the U.S. Department of Education gave borrowers a second chance to qualify, as long as they'd been making payments on their loans and working for an eligible employer. The Biden administration has so far cleared $69.2 billion in student debt for 946,000 borrowers under PSLF, according to the Education Department.

Persons: Joe Biden, Biden, Harris, Education Miguel Cardona, George W, Bush Organizations: Madison College, Biden, Public, Education, U.S . Department of Education, Education Department Locations: Madison , Wisconsin

☆ When the Taliban Took Kabul, She Fled, and Made a New Life in New York
▼ + stars: | 2024-07-18 | by ( Karen Zraick | ) www.nytimes.com time to read: +1 min

The night Kabul fell to the Taliban, a young lawyer named Nargis Baran was holed up in her apartment there, scrolling through news reports in disbelief. It was Aug. 15, 2021, and the U.S.-backed president of Afghanistan had fled the country as militants closed in on Kabul, the capital. Their swift advance shocked Western officials and the world, bringing the Taliban back to power after nearly 20 years of war with the United States and allied forces. Thousands of people surged toward the airport, desperate to board the last flights out as the city descended into chaos. Ms. Baran, then 26, was an unmarried woman living with her widowed mother, and now they were afraid to walk outside.

Persons: Nargis Baran, Baran, —, ‘, ’ ” Locations: Kabul, U.S, Afghanistan, United States

You can see the amount of aid you may receive using the Federal Student Aid Estimator. The more financial need you have, the higher likelihood you have to qualify for more financial aid. Types of financial aid you might qualify forYour financial aid package will be broken up into several parts: grants, scholarships, work-study, and loans. Work-studyWork-study is a type of financial aid that provides part-time positions for students with financial need to earn money for academic expenses. Financial aid amount through FAFSA: ConclusionThe amount of financial aid you receive can vary greatly depending on many factors.

Persons: It's, you'll, Pell, aren't, —, I'm Organizations: Federal, Aid

☆ 35,000 student-loan borrowers in public service are getting $1.2 billion in debt wiped out after fixes to a key relief program
▼ + stars: | 2024-07-18 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +1 min

The Education Department announced $1.2 billion in debt relief for 35,000 student-loan borrowers in public service. The relief is a result of ongoing fixes to the Public Service Loan Forgiveness program. AdvertisementAnother batch of student-loan borrowers will soon see their balances turned to zero. On Thursday, President Joe Biden's Education Department announced that it approved $1.2 billion in student-loan forgiveness for 35,000 public service workers. The relief is a result of ongoing fixes to the Public Service Loan Forgiveness program, which forgives student debt for government and nonprofit workers after 10 years of qualifying payments.

Persons: —, Joe Biden's Organizations: Education Department, Public, Service, Joe Biden's Education Department, Business

What is a Master Promissory Note (MPN)? A Master Promissory Note, or MPN, is a legal document that outlines the terms and conditions of your federal student loans. Note: You'll only have to fill out one Master Promissory Note for all the federal student loans you take out while you're in school, provided your enrollment is continuous. Why the MPN mattersIt's important for student loan borrowers to sign and understand an MPN for the following reasons:It's Not Optional: Required to receive federal student loans. Defaulting on a federal loan will cause you to lose eligibility to receive federal student aid.

Persons: Mark Kantrowitz, You'll, Stacey MacPhetres, Andrew Pentis Organizations: Parent PLUS, Department of Education, Bright, Borrower's, Loan, Federal, Aid Locations: Chevron

☆ I saved $1,000 a month when I cut alcohol. The emotional and physical tax was just as expensive.
▼ + stars: | 2024-07-18 | by ( Tess Martinelli | ) www.businessinsider.com time to read: +5 min

I spent up to $2,000 a month to fund a drinking habit that I believed was helping me. I started drinking in college to soothe my anxietyI'll never forget the first time I got drunk. Every extra dime went to funding my drinking habitsRent took up most of my paycheck, but the rest went directly to drinking. Related storiesAfter a year of deeply contemplating sobriety, I took my final sip of alcohol in October 2021. Cutting out alcohol and the sneakily expensive lifestyle that surrounded me saves me $1,000 a month.

Persons: —, Katie Butler, It's, I'm, Uber, would've, Tess Martinelli Organizations: Service, Business Locations: Dallas, tmartinelli@businessinsider.com

The information for the following product(s) has been collected independently by Business Insider: Ink Business Premier® Credit Card, Southwest Rapid Rewards® Premier Credit Card, Chase Freedom Flex®. But if saving cash is more important to you, Chase's Pay Yourself Back program can help you save money by using your credit card rewards to pay off certain charges on your card. As the name suggests, Pay Yourself Back allows you to use your credit card rewards to pay off certain charges on your card. Eligible Chase CardsThe Pay Yourself Back program is available on the Chase Freedom, Ink, and Sapphire credit cards, as well as the co-branded Aeroplan® Credit Card, United credit cards, and Southwest credit cards. If you have a Chase Sapphire Reserve®, you should also consider applying for another Chase card that could help you maximize this benefit.

Persons: Chase Travel ℠, Chase, you'll, Cash Organizations: Business, Ink, Rapid Rewards, Read, Chase, Chase Travel, Sapphire, Chase Sapphire, TSA, FDIC, United, Humanity International Medical Corps International, Conference Education Fund NAACP Legal Defense, Education Fund National, SAGE Thurgood Marshall College Fund United Negro College Fund UNICEF, Air, ®, Chase Travel Partners, Air France, KLM, Blue Locations: Southwest, Air Canada, Europe, Chevron

The annual and lifetime borrowing limits on subsidized loans are more rigid than unsubsidized loans. Year Dependent Students Independent Students First-Year Undergraduate Subsidized: $3,500 Unsubsidized: $5,500 Subsidized: $3,500 Unsubsidized: $9,500 Second-Year Undergraduate Subsidized: $4,500 Unsubsidized: $6,500 Subsidized: $4,500 Unsubsidized: $10,500 Third-Year and Beyond Undergraduate Subsidized: $5,500 Unsubsidized: $7,500 Subsidized: $5,500 Unsubsidized: $12,500 Graduate or Professional Student N/A Unsubsidized: $20,500 Aggregate Loan Limit Subsidized: $23,00 Unsubsidized: $31,000 Subsidized: Undergraduate: $23,000Graduate or Professional Students: $65,500 Unsubsidized Undergraduates: $57,500Graduate or Professional Students: $138,500Time limitsFor subsidized loans taken out after July 1, 2013, there is a limit to how many academic periods you can receive funds. Interest rates and feesFor undergraduate students, subsidized and unsubsidized loans charge the same interest rate. Subsidized and unsubsidized loans: ConclusionBoth subsidized and unsubsidized loans can be crucial tools for financing your education. Prioritize subsidized loans, understand the implications of unsubsidized interest, and make informed borrowing decisions.

Persons: You'll, they're Organizations: Education, Department, Federal Student Aid, Chevron Locations: deferment

Sign up for a credit monitoring service such as Credit Karma to keep tabs on your credit report. If you want the best interest rates on a credit card, mortgage, or personal line of credit, you'll want to ensure your credit report accurately reflects your credit history. You can dispute information on your credit report with any of the three major credit bureaus: Equifax, Experian, and TransUnion. Dispute credit reports with Credit KarmaIn addition to your own vigilance in keeping tabs on your credit report throughout the year, it helps to sign up for credit monitoring services to keep you updated between credit reports. If your credit dispute is rejected, you can provide additional evidence to the credit bureau or contact the creditor directly.

Persons: Karma, you'll, Margaret Poe, Poe, you've, Allen Organizations: Equifax, Consumer Financial, Credit Karma, Experian, Consumer Locations: Atlanta , Georgia, Allen , Texas, Chester , Pennsylvania, unresponsiveness

☆ Chip stocks suffer a mini-meltdown as more potential trade restrictions threaten the industry
▼ + stars: | 2024-07-18 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

In today's big story, we're looking at why reports of more potential trade restrictions have chip companies on their heels . Trade restrictions are certainly real concerns for chip companies. AdvertisementThe supply-chain base for most of the chip industry is in Taiwan, specifically TSMC. Politicians and regulators have no interest in making American AI companies less competitive and demand is still extremely high. With so much geopolitical tension, is it possible the chip industry becomes more regionalized?

Persons: —, Dan Schneider's, Rebecca Zisser, Joe Biden, Insider's Kelly Cloonan, Biden, chipmakers, Trump, Emma Cosgrove, It's, Marianne Ayala, aren't, Dan Ives, influencers, Donald Trump, JD Vance, Tyler Le, Elon Musk, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Service, Dan Schneider's Nickelodeon, Business, Nvidia, AMD, Bloomberg, China, YouTube, JPMorgan, Apple, Republican National Convention, Netflix Locations: China, Netherlands, Taiwan, Texas, California, New York, London

☆ Futuristic designs unveiled for ‘world’s greenest highway’
▼ + stars: | 2024-07-17 | by ( Rebecca Cairns | ) edition.cnn.com time to read: +10 min

Not content with Dubai having the tallest building, the deepest pool or the highest hotel, urban design firm URB hopes to add one more superlative feather to the city’s cap: the world’s “greenest” highway. The green highway, pictured in this render, would also include a network of footpaths and green community spaces. URB‘A unique set of challenges’Creating the world’s “greenest” highway in a desert city isn’t easy, though. Pictured in this rendering, designs for the Nexgen Sustainable City, which URB has designed for Cairo. URB A Dubai developer is creating green designs for the city Prev NextAn urban utopiaThis isn’t URB’s first foray into utopian future city design.

Persons: URB, Sheikh Mohammed Bin Zayed, Baharash, ” Bagherian, ”, Baharash Bagherian, ’, Bagherian, — Organizations: CNN, Dubai, United Arab Emirates, European Union, “, Hub, Agri Locations: Dubai, ”, “ Dubai, URB “ Dubai, UAE, Hong Kong, URB, Yiti, Oman, Yas, Abu Dhabi, Cairo, City

☆ A self-made millionaire shares the money advice she'd give her 20-year-old self, including mistakes to avoid
▼ + stars: | 2024-07-17 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +4 min

"I was very lucky that I started from zero with my financial journey," the New England-based 36-year-old told Business Insider. AdvertisementThe financial educator, whose mission is to help young women grow their wealth, didn't get to where she is without a bit of trial and error. AdvertisementWhen you first start investing, "it can feel like it takes some time," she noted. "But once you start building wealth, whether it's in real estate or the stock market, your efforts really do start to compound. Overpaying for a financial advisorWhen Waresmith eventually put her cash to work in the stock market around 2013, she paid a financial advisor to manage her portfolio.

Persons: —, Tess Waresmith, Waresmith, Tess, didn't, she'd, hasn't Organizations: Service, Boston University, Business Locations: England, America

☆ More student-loan borrowers are getting debt cancellation through bankruptcy 2 years after Biden streamlined the process
▼ + stars: | 2024-07-17 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

Read previewThe Biden administration's new process to help student-loan borrowers get rid of their debt in court is working. On Wednesday, the Justice Department released an update on bankruptcy for borrowers following new guidance it released in 2022. "Our clear, fair, and practical standards are helping struggling borrowers find relief that was previously out of reach," Under Secretary of Education James Kvaal said in a statement. "This data should puncture the myth that struggling borrowers cannot discharge their student loan debt through bankruptcy," he continued. AdvertisementThe Justice Department did not immediately respond to Business Insider's request for the total number of borrowers who have received discharges through this process.

Persons: —, Biden, Education James Kvaal, Sen, Elizabeth Warren, Benjamin Mizer Organizations: Service, Justice Department, Business, Education, Justice, Department of Justice, Student Defense, Democratic

☆ What we know about Usha Vance's politics
▼ + stars: | 2024-07-17 | by ( Alice Tecotzky | Joshua Nelken-Zitser | ) www.businessinsider.com time to read: +6 min

Read previewUsha Vance's classmates at Yale Law School didn't know much about her politics. Less obvious, however, is Usha Vance's political orientation and relationship to the newfound national spotlight. In 2022, two colleagues at the firm described Usha Vance as liberal or moderate to The Times. When JD Vance was himself running for Senate, Usha Vance appeared in his very first campaign ad, sitting in front of a bookshelf and talking about their three children. AdvertisementWhile Usha Vance's political orientations and interest in life as a national figure remain foggy, her devotion to her husband has seemed strong since her days at Yale Law School.

Persons: —, Usha Vance's, Yale Law School didn't, Marvin Lim, Usha, Elliot Forhan, Usha Chilukuri, JD Vance, Lim, Usha Vance, Vikram Rao, Gabriel Winant, Vance's spokespeople, Vance, SCOTUS Brett Kavanaugh, John Roberts, Munger, Olson, Blake Masters, Vance hasn't Organizations: Service, Yale Law School, Democrat, Business, New York Times, Times, Yale, Cambridge, The Times, Tolles, GOP, American, Newsmax, Fox & Friends, JD, Republican, Convention Locations: Georgia, Ohio, San Diego, Arizona

☆ WTI gains more than 2% on big U.S. storage withdrawal, weaker dollar
▼ + stars: | 2024-07-17 | by ( ) www.cnbc.com time to read: +2 min

West Texas oil prices climbed about 2.4% on Wednesday on a bigger-than-expected weekly drop in U.S. crude stockpiles and as a weaker U.S. dollar overshadowed signs of slower economic growth in China. On Tuesday, Brent closed at its lowest since June 14 and WTI at its lowest since June 21. A weaker U.S. dollar also helped support oil prices after it fell to a 17-week low against a basket of other major currencies. A weaker dollar can boost demand for oil by making greenback-denominated commodities like oil cheaper for holders of other currencies. Also supporting crude prices was rising geopolitical risk, said George Khoury, global head of education and research at CFI, adding that tensions in the Middle East and Europe could continue to fuel risks.

Persons: Brent, WTI, George Khoury, Rystad, Svetlana Tretyakova Organizations: Huntington Beach , California ., U.S, West Texas, Energy Information Administration, American Petroleum Institute, CFI Locations: Huntington Beach , California, Huntington Beach , California . West Texas, China, Brent, United States, East, Europe, Liberia, Red Sea, Iran, Yemen, Beijing

☆ Amazon Prime Day ‘major cause of injuries’ for workers, Senate finds
▼ + stars: | 2024-07-17 | by ( Olesya Dmitracova | ) edition.cnn.com time to read: +3 min

London CNN —Amazon’s warehouses are especially dangerous for workers during the company’s annual Prime Day event, as well as the holiday season, according to an investigation by the US Senate. Prime Day, held on Tuesday and Wednesday this week, is “a major cause of injuries for the warehouse workers who make it possible,” said a report released Monday by Sen. Bernie Sanders, who chairs the Senate Committee on Health, Education, Labor and Pensions. But Amazon’s total injury rate, which includes injuries the company does not have to report to OSHA, was just under 45 per 100 workers, the report said. Amazon raked in $12.7 billion in sales on July 11 and 12 last year, its Prime Day 2023 event, and said July 11 was the single biggest sales day in the company’s history. When faced with worker injuries, Amazon provides minimal medical care.”Amazon holds Prime Day in July every year to juice sales numbers during what are typically slow summer months.

Persons: ”, Sen, Bernie Sanders, ” Kelly Nantel, we’ve, “, Andy Jassy, Sanders Organizations: London CNN, Senate, Prime, Health, Education, Labor, Pensions, Occupational Safety, Health Administration, OSHA, Amazon, CNN

☆ I live in Lithuania, the happiest place on earth for under 30s. As a very happy 28-year-old, here's what it's like.
▼ + stars: | 2024-07-17 | by ( Lauren Crosmedlicott | ) www.businessinsider.com time to read: +7 min

Read previewThis as-told-to essay is based on a transcribed conversation with a digital marketer Aivaras Vilutis, about being a 28-year-old living in Vilnius, Lithuania. I've lived here most of my adult life. Vilnius is an affordable location for young peopleWhile working in Vilnius, I've earned more than my parents did in their small town. I prefer Vilnius to other places I've lived as a young personI love my country. I don't think people in old age would classify Lithuania as one of the happiest places in the world.

Persons: —, Aivaras, I've, I'd, didn't, We're, I'm Organizations: Service, Business, NASA, Nord Security Locations: Vilnius, Lithuania, Lithuanian, neurophysics, America, Kaunas, Klaipėda, Western Europe, Eastern Europe, Italy, it's, Soviet, Portugal

☆ Steve Bannon filmed Jeffrey Epstein for 15 hours. His 'documentary' has never surfaced.
▼ + stars: | 2024-07-17 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +16 min

Read previewBefore his 2019 death in jail, Jeffrey Epstein spent hours being interviewed on camera by Steve Bannon. AdvertisementAlexandra Preate, a spokesperson for Bannon, told BI in December 2021 that the documentary about Epstein would be screened "probably around Labor Day." In the 2000s, Trump and Jeffrey Epstein fought over Trump's purchase of a Palm Beach mansion that Epstein coveted. Mark Epstein said Jeffrey Epstein told him he wasn't subpoenaed for any depositions at that time. "You were the only person I was afraid of during the campaign," Bannon told Epstein, according to Wolff's book.

Persons: —, Jeffrey Epstein, Steve Bannon, Bannon, Epstein, Ghislaine Maxwell, Epstein —, Donald Trump's, He's, Kevin McCarthy, Alexandra Preate, Preate, Trump Bannon, Mark Epstein, Jeffrey Epstein's, Donald Trump, Melania Knauss, Jeffrey, Trump, Bannon's, Steve Bannon's, Jacob Shamsian, wasn't, would've, Brett Kavanaugh, Kavanaugh, he's, Mike Lindell, I've, It's, Guo Wengui, Guo —, Ho Wan Kwok, Miles Guo —, Guo, Leon Black, Black, Epstein's, David Bossie, Bobbi Sternheim, Gloria Allred, Arick Fudali, didn't, David Schoen, Brad Edwards, Emma, Jo Morris, Hunter, Morris, Michael Wolff, Wolff, Julie K, Brown, Alexander Acosta, Acosta, Ehud Barak, Reid Weingarten, Rachel Maddow, Gayle King, King, Patrick Semansky, he'd, Diana, Jean Carroll, Bergdorf Goodman, Carroll Organizations: Service, New York, Business, Global, Victory Films, Trump, Capitol, Labor, Daily, Miami Herald, Davidoff, BI, Voting Systems, Apollo Global Management, White, Citizens United, Office, Southern, of, New, Trump White Locations: Manhattan, Paris, Palm Beach , Florida, Mexico, Danbury , Connecticut, Palm Beach, New York, jshamsian@businessinsider.com, JacobShamsian, York, Miami, Florida, Trump

☆ Usha Vance is the 4th person of South Asian descent to be part of the 2024 presidential campaign. Why that matters
▼ + stars: | 2024-07-16 | by ( Chelsea Bailey | ) edition.cnn.com time to read: +6 min

“It’s about time,” he said, adding the Vances “are going to represent a new generation of Americans.”The 2024 presidential campaign has seen three politicians of South Asian descent vying for the White House: Former South Carolina Gov. Since 2020, according to Pew, the number of eligible Asian American voters has increased by 2 million – roughly the population of Nebraska. According to the Asian American voter survey, the economy, education, inflation and immigration were “highly important” for Asian Americans this election cycle. Kumar said immigration is top of mind for many South Asian Republican voters because of the backlog facing millions of Hindu and Indian Americans who are waiting for green cards. Chen said the work must continue to engage with Asian American voters – many of whom are immigrant, first-time voters – to understand the key role they could play in the upcoming election.

Persons: ” Kumar, Donald Trump, Ohio Sen, JD Vance’s, Usha, ”, Nikki Haley, Vivek Ramaswamy, Kamala Harris, Joe Biden, Haley, Ramaswamy, Vance, Usha Vance, Chintan Patel, United States Kamala Harris, ” Patel, Patel, reimagine, ” Trump, Christine Chen, ” Chen, “ We’re, Kumar, –, Chen, “ It’s Organizations: CNN, Republican Hindu Coalition, Indian Coalition of, Republican National Committee, Yale, White, Former South Carolina Gov, Republican, Trump, Republican National Convention, Indian, Pew Research, Pew, Pacific Islander, AAPI, Advancing Justice, AARP, Voter Survey, American, Democratic Party, Asian, South Asian Republican Locations: Ohio, United States, South, Nebraska, Georgia

☆ Amazon's Prime Day a 'major' cause of worker injuries, Senate probe finds
▼ + stars: | 2024-07-16 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +3 min

An Amazon workers pull a cart of packages for delivery on E 14th Street on July 12, 2022 in New York City. Amazon Prime Day, the 48-hour discount blitz that kicks off Tuesday, is a "major" cause of worker injuries, according to the preliminary results of a Senate probe. The Senate's Health, Education, Labor and Pensions (HELP) Committee on Tuesday released the interim results of a yearlong investigation into Amazon's warehouse working conditions just as the company holds its annual Prime Day deals event. The report cites an internal Amazon document, titled "2021 Prime Day Lessons Learned," which states Amazon "met only 71.2 percent of its hiring target," between May and June of 2021, ending the week of that year's Prime Day event. Amazon has faced scrutiny in recent years over its workplace injury record and its treatment of warehouse and delivery workers.

Persons: Sen, Bernie Sanders, Kelly Nantel, Nantel, It's, it's Organizations: Amazon, Health, Education, Labor, Pensions, Occupational Safety, Health Administration, OSHA, U.S, Attorney's, U.S . Department of Justice Locations: New York City, Vermont, U.S

☆ JD Vance's history shows how he splits from Republicans on some key issues
▼ + stars: | 2024-07-16 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

On Monday, former President Donald Trump selected the Republican senator from Ohio to serve as his running mate. He went from a "Never Trump Republican" to Trump's pick for vice president, and he supports a range of conservative issues, from increased tariffs to opposing abortion rights. When it comes to raising taxes, Vance also hasn't ruled out that possibility. Related storiesStill, on other issues like trade, abortion, and education, Vance has stayed behind Trump's policies. He also aligns with his party on issues like gun control, rejecting Democratic efforts for stricter gun laws.

Persons: JD Vance, Donald Trump, Vance, Trump, Hitler, Democratic Sen, Sherrod Brown, Elizabeth Warren, He's, Warren, Biden, Lina Khan, Khan, hasn't Organizations: Service, Corporate America, Republican, Business, GOP, Democratic, Trump, Biden, Federal Trade Commission, Big Tech Locations: Ohio, Silicon

☆ The next hot jobs for Gen Z
▼ + stars: | 2024-07-16 | by ( Aki Ito | ) www.businessinsider.com time to read: +8 min

Silicon Valley has been laying off workers by the tens of thousands, making tech work almost impossible to come by. Millennials believed they were heading to Silicon Valley in service of a lofty mission. AdvertisementIf Silicon Valley is going out of vogue, what will take its place as the next hot destination? Civil service doesn't come with the pay or the glamour of tech jobs, but it offers the stability that college students say they want. When I speak to college students these days, I'm struck by how they lack the naivete I suffered from when I was their age.

Persons: Zers, Tesla, Instagram, Christine Cruzvergara, You've, Cruzvergara, Gen, Millennials, Lehman Brothers, Jude Children's, ironies, I'm, they're, they'll, Aki Ito Organizations: National Society of High School, Disney, Google, Facebook, Dow Chemical, Tech, Big Tech, Jude Children's Research, Mayo, Disease Control, FBI, NASA, CIA, CDC, Big Tech's, Star, Business Locations: Silicon, Silicon Valley, Washington

☆ Here are Tuesday's biggest analyst calls: Nvidia, Tesla, Meta, Shopify, Broadcom, IBM, Microsoft & more
▼ + stars: | 2024-07-16 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Tuesday's biggest calls on Wall Street: Morgan Stanley names Taiwan Semiconductor a catalyst driven idea Morgan Stanley said it said shares of the semis company have more room to run. " Morgan Stanley upgrades Chegg to equal weight from underweight Morgan Stanley said the risk/reward is balanced for the education company. Morgan Stanley upgrades Sweetgreen to equal weight from underweight Morgan Stanley said the restaurant chain's stock is starting to become compelling. Evercore ISI downgrades Yum and Starbucks to in line from outperform Evercore said in its downgrade of Yum and Starbucks that trends are softening. Evercore ISI reiterates Netflix as outperform Evercore said it's cautious heading into earnings later this week but that it's sticking with its outperform rating.

Persons: Morgan Stanley, Wolfe, it's, Jefferies, Wells, Goldman Sachs, Baird, Tesla, Bernstein, TD Cowen, Lamar, Cowen, Goldman, Piper Sandler, Piper, Evercore, IBM Evercore, Shopify, Jeff Hoffmeister, Mizuho downgrades Palantir, PLTR, Oppenheimer, we'd Organizations: Taiwan Semiconductor, Microsoft, Nvidia, Lamar Advertising, Nasdaq, TAM, Starbucks, Yum Brands, IBM, " Bank of America, of America, Mizuho, Bank of America, Broadcom, Evercore, Netflix, Bulls Locations: China

☆ Why you're going to be hearing a lot about tariffs on China for the next 4 months
▼ + stars: | 2024-07-16 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

Read previewFormer President Donald Trump has finally announced his running mate — and his choice means you'll likely hear a lot about tariffs on China in the coming months. Tariffs, or taxes on goods imported from another country, are intended to raise government revenue and bolster domestic manufacturing. As president, Trump was staunchly protectionist and used tariffs to enforce his "America First" policies — he imposed a series of tariffs on China that ultimately led to a trade war between the two economies. According to the Tax Foundation, Trump's tariffs raised taxes by nearly $80 billion. Biden's tariff policies have been more targeted than Trump's.

Persons: —, Donald Trump, Sen, JD Vance —, Ohio —, Vance, Trump, Joe Biden, — Trump, Biden, they're, Joseph Stiglitz Organizations: Service, Trump, Republican, Trump Republican, Business, CBS News, Tax Foundation, CBS Locations: China, Ohio, United States, America, Pennsylvania, Michigan, —

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