DIRS.INFO The most relevant business & tech news

☆ Democrats, Republicans, and companies all seem to agree: college degrees aren't the future
▼ + stars: | 2023-03-22 | by ( Ethan Dodd | ) www.businessinsider.com time to read: +6 min

A bachelor's degree has become a common requirement for landing US jobs, even those that didn't previously require one. Josh Shapiro signed an executive order opening up 92%, or roughly 65,000, of state jobs to those without college degrees. They urged more states to follow to move the economy away from a preference for college degrees, restoring a sense of fairness many Americans feel is lost. Oregon also issued a temporary order in 2022 allowing those without bachelor's degrees to work as substitute teachers. A college degree may increase your earning potential, but it may not hold the keys to the middle class for much longer.

☆ Reid Hoffman, LinkedIn cofounder, said he talks to his friend Peter Thiel less to avoid political discussion and feuding over Donald Trump
▼ + stars: | 2023-03-22 | by ( Aaron Mok | ) www.businessinsider.com time to read: +3 min

Reid Hoffman said he talks to his friend Peter Thiel less now on an episode of "On with Kara Swisher." Hoffman wants to avoid arguing with Thiel over former President Donald Trump. When Swisher asked Hoffman if Thiel hears him, Hoffman said, "I don't know." When they met as sophomores at Stanford in the mid-1990s, Hoffman heard Thiel was a "libertarian wacko," while Thiel was told Hoffman was a "pinko commie," Hoffman said on his podcast "Masters of Scale." Hoffman told Swisher he will "spend as much as I possibly can" to avoid another Trump presidency, saying it would be "destructive to our society."

☆ Credit Suisse's investment bankers are so concerned about cuts, employees are being told to look for new jobs. 'They encouraged it.'
▼ + stars: | 2023-03-20 | by ( Carter Johnson | Casey Sullivan | Dakin Campbell | ) www.businessinsider.com time to read: +12 min

The fate of Credit Suisse's investment bank hangs in the balance after being sold to UBS. The investment bank's planned spinoff has been put on hold and bankers are bracing for job cuts. People said they expect Credit Suisse's planned spinoff of its investment banking operations, announced last year, to be scuttled. Over at 11 Madison Ave., where Credit Suisse's NY operations are headquartered, emotions were running hot on Monday. Now, the proposed CS First Boston deal hangs in the balance, with both industry experts and Credit Suisse employees uncertain whether it will go through.

While remote workers are hitting the green on weekday afternoons, productivity isn't dropping. That's good news for leisure businesses and shows remote work has changed people's work structures. While some companies have called employees back to the office, Bloom doesn't think remote work is going anywhere. All those remote workers hitting the green doesn't necessarily mean people are working less. This will raise 'Golf productivity' — the number of golf courses played (and revenue raised) per course."

☆ Silicon Valley Bank's failure might just spark a faster housing rebound
▼ + stars: | 2023-03-16 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

Now let's see how the fast-moving banking turbulence impacts the highly sensitive US housing market. "It seems that home sales activity has bottomed out, and 2023 will be the turning point for the housing market," she said. While her long-term outlook on a housing rebound hasn't changed, mortgage rates look set to fall faster than previously expected, which could allow more Americans to enter the housing market. And looking ahead to the Fed's meeting next week, Evangelou expects policymakers to moderate their aggressive policy. In other news:The logo of Swiss bank Credit Suisse is seen at a branch office in Bern, Switzerland October 28, 2020.

☆ 'We didn't come from rich families': How 2 friends bought their first home as college students and then built a 7-figure real estate flipping business in Denver
▼ + stars: | 2023-03-15 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +11 min

They experimented with other ventures, including a hookah lounge, before focusing on real estate. Along the way, the entrepreneurs opened a hookah lounge and a bar before committing to real estate full-time in 2019. While they had a real estate agent showing them homes, Khosravi and Blue found their first property on their own. "I was visiting some friends at ASU and there was a hookah lounge there. At the time, "we were making $35,000 a year, if that, from the hookah lounge," added Khosravi.

☆ Russian state media touts video of schoolchildren in Crimea drilling with rifles and training in hand-to-hand combat
▼ + stars: | 2023-03-15 | by ( Chris Panella | ) www.businessinsider.com time to read: +3 min

A new video shows schoolchildren in Crimea training with rifles and completing hand-to-hand combat. The lessons are reportedly part of a training course that will come to other schools this year. The lessons appear to be part of a military training course that students across grade levels are participating in. In the video, originally shared by RIA Novosti Crimea, students first handle rifles in a competitive timed exercise. The new strategy marks a shift from Wagner's previous efforts to recruit Russian prisoners in exchange for reduced jail time.

☆ There’s a quicker, cheaper way to go to college, but fewer students are trying it
▼ + stars: | 2023-03-13 | by ( Jessica Dickler | ) www.cnbc.com time to read: +3 min

watch nowHow 'early college' programs workIn some cases, students can even complete an associate degree by the time they finish high school, a type of dual enrollment known as "early college." These programs are not restricted to high school students on a specific — and often accelerated — academic track, as many AP classes are. Early college students are also more likely to enroll in college and earn a degree compared to their peers who were not enrolled in early college programs, according to one study by the American Institutes for Research. Although there are up to 900 early college programs nationwide, according to Zeiser, many are still under the radar. Early College High School is a Title I school in the Newport-Mesa Unified School District, which means there is a high percentage of low-income students.

☆ TikToker shows people how to live off Dollar Tree groceries that cost $35 a week as Americans flock to dollar stores for cheaper food
▼ + stars: | 2023-03-09 | by ( Mary Hanbury | ) www.businessinsider.com time to read: +5 min

More people are shopping for food at dollar stores as inflation bites and food prices soar. Dollar Tree Dinners, a TikTok page run by Rebecca Chobat, shows shoppers how to cook on a budget. Chobat says it's possible to eat a varied weekly diet using $35 worth of Dollar Tree groceries. According to a recent report from Coresight Research, Dollar Tree, and Dollar General ranked in the top five retailers from which consumers bought food in 2022. Dollar Tree stores have mostly sold non-perishable items in the past.

☆ Netflix's expected password-sharing crackdown puts college students on edge
▼ + stars: | 2023-03-08 | by ( Noah Sheidlower | ) www.cnbc.com time to read: +9 min

Sam Figiel, a sophomore at Mercer University in Georgia, said access to Netflix is required for many of his peers' classes. Yet the gradual password-sharing changes have created uncertainty for college students who might not have, or want to spend, disposable income for their own subscriptions. People in the 18-to-34 age group, which accounts for 30% of all Netflix users, are more likely to exchange passwords than older viewers. "There are a lot, lot, lot of U.S. users that are not paying for it, and so I think they're very sensitive to the backlash that they're going to get when they institute this," Nollen said. Staying or leavingEven if the cost of a subscription could rise for borrowers, some college students think Netflix is too important to give up.

☆ From dual enrollment to course sharing, these 4 moves can help you save big on college costs
▼ + stars: | 2023-03-08 | by ( Jessica Dickler | ) www.cnbc.com time to read: +5 min

Take college courses in high schoolDual enrollment is a state-run program that allows students to take college-level classes, often through a local community college, while they are still in high school. As many as 3 in 10 community college students are in dual enrollment programs, according to the American Association of Community Colleges. Unlike Advanced Placement, the program in which high school students take courses and exams that could earn them college credit, dual enrollment credits are more likely to transfer. Over four years, early college programs cost about $3,800 more per student than traditional high school, according to one study. Try course sharingIf you are already enrolled in a four-year school, tapping community college courses can still be a worthwhile way to cut costs, a strategy known as course sharing.

☆ Gen Z's New Relationship Trend: Ditching Online Apps, Dating Friends
▼ + stars: | 2023-03-07 | by ( Daniel Cox | ) www.businessinsider.com time to read: +9 min

But that's changing: Today's young adults, especially young women, are increasingly finding romance in their friend groups. In interviews conducted for our survey, young people told us that they found online dating too transactional. Trust is at even more of a premium when it comes to dating online. In a Pew survey conducted last year, 52% of Americans reported encountering what they believed to be a scammer on an online dating platform. In dating, especially online dating, women are bombarded with negative attention, harassment, or worse.

☆ Neuroscientist shares the 'nonnegotiable' routine he uses to stay mentally sharp during the day
▼ + stars: | 2023-03-07 | by ( Natasha Piñon | ) www.cnbc.com time to read: +1 min

The implication: Anyone who wants to be successful needs early-morning workouts and green juice to stay fully productive and alert throughout the day. That held true even when controlling for their GPA the previous term and how many classes they were taking. "It's not just for young adults," Creswell tells CNBC Make It. "These issues around sleep and [its] benefits on your mental health and achievement are likely to generalize to other groups as well." Here, he shares the key ingredients of an effective, success-building morning routine.

☆ College Should Be More Like Prison
▼ + stars: | 2023-03-06 | by ( Brooke Allen | ) www.wsj.com time to read: +1 min

Enrollment in these subjects is plummeting, and students who take literature and history classes often come in with rudimentary ideas about the disciplines. Interviewed in a recent New Yorker article, Prof. James Shapiro of Columbia said teaching “Middlemarch” to today’s college students is like landing a 747 on a rural airstrip. Never have I been more grateful to teach where I do: at a men’s maximum-security prison. My students there, enrolled in a for-credit college program, provide a sharp contrast with contemporary undergraduates. The classes are often the most interesting part of these men’s prison lives.

☆ 'Truth serum' drugs do exist. Here's how medicines like sodium pentothal and scopolamine can manipulate the brain.
▼ + stars: | 2023-03-05 | by ( Jessica Orwig | ) www.businessinsider.com time to read: +13 min

Numerous accounts and scientific reports suggest that you're more prone to tell the truth under the effects of truth serum drugs, but the drugs have other side effects. Furthermore, not only are truth serum drugs not all that useful, they are illegal under certain circumstances, including interrogation. A truth serum experimentTo find out if truth serum works, TV journalist Michael Mosley experienced it for himself in 2013. To investigate sodium thiopental, one of the more popular truth serum drugs, Mosley took two different doses of it. The future of truth-telling drugsThere may be a more powerful truth serum drug out there that researchers have yet to discover.

Brands will account for 70% of that spend, with most of the rest coming from so-called collectives, alumni groups that funnel money to athletes, according to Opendorse. Female athletes and meme starsGiven the wide-open field, brands’ strategies with NIL deals vary widely. Jill Cress, chief marketing and experience officer of H&R Block in a 2018 picture. Favorability ratings from both Gen Z consumers and parents of college students rose after the campaign, according to Ms. Cress. Bigger deals aheadNIL deals will likely evolve to often include intellectual property agreements with the schools in question, said Mr. Schwab.

☆ Pearson eyes bigger profits after strong 2022, but no new buyback flagged
▼ + stars: | 2023-03-03 | by ( Paul Sandle | ) www.reuters.com time to read: +2 min

That would represent a 28% jump on the 456 million pound adjusted operating profit it posted for 2022, as demand for the tests its provides for qualifications in healthcare and English language learning increases. He added that Pearson was a long-term user of AI as it detects cheating on its tests. "The group has not committed to a buyback... We note some investors may be disappointed given overall leverage remains low," said Citi analysts. Chief Financial Officer Sally Johnson told reporters on Friday that a strong balance sheet was the priority. ($1 = 0.8347 pounds)Reporting by Paul Sandle; Writing by Sarah Young; Editing by Jan HarveyOur Standards: The Thomson Reuters Trust Principles.

☆ College students are drowning in textbook costs. There's a push in Congress to make them free.
▼ + stars: | 2023-03-01 | by ( Madison Hall | ) www.businessinsider.com time to read: +9 min

Some members of Congress have joined the movement to provide free textbooks to university students. The college textbook landscape, however, isn't a free market, as students must buy whichever course materials their professor selects for their class. As states across the country create their own grants for open textbooks, members of Congress have also begun to take notice. "We are helping cut the cost of attending college by supporting the creation and expansion of open college textbooks," Durbin told Insider in a statement. And while there's no timeline for the Affordable College Textbook Act to make it through Congress, federal legislators have granted $47 million in funds for open textbooks since 2018 as part of the Open Textbook Pilot Program.

☆ Ukrainian soldiers say they caught a Russian medic forced to operate a tank, highlighting the dysfunction in Putin's army
▼ + stars: | 2023-03-01 | by ( Chris Panella | ) www.businessinsider.com time to read: +2 min

Ukrainian soldiers told the NYT they captured a Russian medic who was forced to operate a tank. The lack of skilled troops comes after a stinging defeat for Russia in a major tank battle. The Ukrainian soldiers told The Times that the medic had been reassigned to drive the tank during a three-week battle near Vuhledar in southern Ukraine. Ukrainian officials told the Times it was the biggest tank battle of the war so far and a decisive victory for Ukraine. A year into the war, Russia continues to face various setbacks, like unskilled troops, high losses, and limited resources.

Fizz Credit Builder Debit Card ReviewIt's always hard to argue with free services, and Fizz is no exception. With no fees or interest rates, the Fizz debit card offers a cost-effective method for building credit. If you have a good grip on budgeting and controlling your spending, a student credit card or a secured credit card may be a more practical option. How to Get a Fizz CardTo get the Fizz card, you need to download the Fizz app from the Apple app store. Fizz Debit Card Frequently Asked Questions (FAQ)How Does Fizz Make Money?

☆ The Russia-Ukraine war will continue into 2024 and any definitive outcome has risks, a veteran investment chief and former Moscow-based journalist says
▼ + stars: | 2023-02-25 | by ( Phil Rosen | ) www.businessinsider.com time to read: +6 min

Rhys Williams, chief investment officer of Spouting Rock Asset Management. Spouting RockRhys Williams is the chief investment officer at Spouting Rock Asset Management. Phil Rosen: What are the implications for financial markets of Russia's war on Ukraine? What do you think of Williams' insights on markets and the Russia-Ukraine war? The Reddit-loving day traders are back in a big way, piling record amounts of cash into stocks to start the year.

☆ Biden ready to run, US first lady says
▼ + stars: | 2023-02-24 | by ( ) www.cnbc.com time to read: +5 min

President Joe Biden and First Lady Jill Biden return to the White House in Washington D.C., the United States, Aug. 8, 2022. Some of the families, Jill Biden said, had hid underground for weeks before making their escape. When it was her turn to hear a doctor say that, Jill Biden said, "it was a little harder than I thought." Jill Biden is the only first lady to continue her career in addition to her ceremonial duties, teaching writing and English to community college students. Jill Biden recalled Carter and his wife, Rosalynn, reaching out on the eve of Joe Biden's inauguration two years ago.

☆ Gen Z women expect to make $6,200 less than men after graduating—salary transparency could help
▼ + stars: | 2023-02-24 | by ( Ashton Jackson | ) www.cnbc.com time to read: +4 min

Their latest Gen Z salary transparency report found that, after surveying 1,853 Gen Z jobseekers, women expect a $6,200 lower average salary compared to men. "I was surprised that women are still asking for less money and have lower salary expectations," Workman tells CNBC Make It. Though women have historically been paid less than men, the gap has narrowed significantly since 1960. What's more, for every dollar paid to white dads, Black, Native American, and Latina moms earn 52 cents, 49 cents, and 47 cents, respectively. Several states, cities, and counties across the country have already passed legislation making salary transparency a requirement, including California, Colorado, Connecticut, Maryland, Nevada, Rhode Island, Washington and New York City.

☆ Russia will resort to drafting college students to throw more troops at the front lines, Ukrainian intel says
▼ + stars: | 2023-02-23 | by ( Chris Panella | ) www.businessinsider.com time to read: +2 min

Russia is preparing to draft college students to the front lines in its war in Ukraine. According to Ukrainian intel, universities have set up "notification offices" to inform students. "Notification offices" are already being set up to help draft the students and ship them to the frontlines, Ukrainian intelligence alleged. The intel also said that full-time students are being assigned to work at these notification offices "without their consent or even prior notification." The draft efforts will continue through the next few months, but will finish by the spring, Ukrainian intel said.

☆ Inside Citadel's internship program for aspiring traders that paves the way for a six-figure salary at the elite hedge fund after college
▼ + stars: | 2023-02-22 | by ( Emmalyse Brownstein | ) www.businessinsider.com time to read: +15 min

Citadel, one of the largest hedge funds, accepts just 1% of applicants to its associate program. Few college students know what a hedge fund is, let alone that they want to work for one. Its associate program lets aspiring fund managers skip the traditional two-year investment banking program that is usually a prerequisite for a hedge fund job. The associate program is different from Citadel's broader internship program. But the accelerated nature of the CAP program appealed to him over other opportunities, he said.

Search resuls for: "College Students"

25 mentions found