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“We need super high-IQ small-government revolutionaries willing to work 80+ hours per week on unglamorous cost-cutting,” the so-called Department of Government Efficiency said in a post on X. Musk and Ramaswamy have called for sweeping changes such as mass layoffs and deep cuts to federal programs. On Wednesday, Musk called for cutting grant money to nonprofit groups. Thousands of people have been replying to the DOGE account on X, including with suggested spending cuts. The DOGE account said Thursday that it was grateful to people for expressing interest in helping and that now it needs full-time staff.
Persons: Elon Musk, Vivek Ramaswamy’s, , Vivek, Musk, Donald Trump, Ramaswamy, Tesla, ” Ramaswamy, Trump, , It’s Organizations: Government Efficiency, Elon, SpaceX, Trump, Republican Locations: America,
Instead of killing jobs, generative AI is fueling a surprising job boom, according to the venture capitalist Marc Andreessen. OpenAI and Google are struggling to significantly improve their next AI models, multiple media reports said this week. That's what makes these AI models smart, and without that, OpenAI and others are hitting a worrying wall. They're a function of the training data," Andreessen said. "And a big part of the AI hiring boom is actually hiring the experts to actually craft the answers to be able to train the AI."
Persons: Marc Andreessen, Horowitz, Andreessen, OpenAI, Ben Horowitz, Andreessen's Organizations: Google, AIs, Business, Andreessen Locations: chimed
Workers are struggling to get a handle on their jobs, and this failure falls on everyone — companies, managers, human-resources departments, and, in some cases, the workers themselves. The chaos has left employers, managers, and employees wondering just how much time and money it's worth investing in training in the first place. It's tough to learn by osmosis over Slack, and the deluge of HR apps and training modules isn't filling in the gaps. As workers and managers are increasingly overextended, these types of unmeasured, softer activities can fall by the wayside. Gavin emphasized that it's not just on companies and managers to make sure employees are learning and getting onboarded but also on individual workers.
Persons: Gen, It's, what's, Gallup, Ana Goehner, Kenneth Matos, Matos, they're, it's, Ashley Herd, nonmanagers, Christy Pettit, Herd, Stephanie Wolf, she's, Wolf, that's, Phoebe Gavin, Gavin, I'd, hadn't, Michelle, Z, they've, Emily Stewart Organizations: Workers, Adobe, doer, Fortune, Business Locations: America, HiBob, RebuttalPR
AdvertisementTop Goldman officials denied any plans to cut Carter's department and said she had upgraded Goldman's marketing capabilities. "It sounds like a few people have a quaint understanding of marketing at Goldman Sachs," a Goldman spokesman, Tony Fratto, said. They turned to the consulting giant McKinsey, which recommended Goldman increase its marketing budget and hire a chief marketing officer, these people said. Related storiesAs AT&T's chief brand officer, Carter handled sports sponsorships, advertising, and diversity messaging in a division headed by the telecom giant's global marketing officer, Lori Lee. PATRICK T. FALLON/AFP via Getty ImagesIn recent weeks, Goldman's marketing team has suffered more departures.
Persons: Goldman Sachs, Goldman, Fiona Carter, Carter, David Solomon's, Solomon, Tony Fratto, It's, Goldman dealmaker, , John Waldron, Lori Lee, Robert De Niro, Katie Holmes, John Rogers, Waldron, Rogers, Fratto, Sean Zanni, Jake Siewert, Maria dal, speechwriting, Dal Pan, Goldman Sachs SAUL LOEB, Matt Gibson, David Solomon, PATRICK T, FALLON, Jason Hill, snagging, There's, Russell Horwitz, Goldman's, Horwitz, " Horwitz, Emmalyse Brownstein, Reed Alexander Organizations: Goldman, Business, Forbes, McKinsey, T's, Hollywood, Tribeca Film, Goldman's New, BI, AFP, Formula One United, Prix, Getty, White Locations: Sachs, Goldman's, Goldman's New York City, Formula One United States, Austin , Texas, York City
“I think a very strong argument could be made that in those situations, the Alien Enemies Act can be employed,” he says. French nationals were the original target lawmakers had in mind when they passed the Alien Enemies Act. Buyenlarge/Archive Photos/Getty ImagesWhen has the Alien Enemies Act been used before? The Alien Enemies Act does allow individuals to bring lawsuits challenging their detention, Reisz says. Some Democratic lawmakers have tried to repeal the Alien Enemies Act in recent years.
Persons: Donald Trump, John Adams, ” Trump, , Trump, John Moore, , haven’t, Woodrow Wilson, Katherine Yon Ebright, Brennan, Ebright, ” Ebright, Rebecca Noble, Jean Lantz Reisz, isn’t, ” Reisz, , ” George Fishman, Fishman, couldn’t, ” Fishman, Mae Ngai, Brennan Center’s Ebright, Ngai, , ” Ngai, Franklin Delano Roosevelt, it’s, , ’ ” Ebright, Reisz, you’re, Frederic J . Brown, Biden, He’s, ” Sen, Mazie Hirono Organizations: CNN, , Republican Party, New York University, Border Patrol, University of Southern California’s Gould School of Law, Department of Homeland Security, Center for Immigration Studies, Columbia University, German, Department of Justice, National Archives, Customs, Getty, Trump, Democratic Locations: France, United States, Mexico, Springs , California, New Mexico, , Prescott Valley , Arizona, Fort Douglas , Utah, AFP, China, Hawaii
Homebuilders and economists have said a deeper labor shortage could cause housing costs to spike. The issue is the construction labor force, whose 500,000-worker shortage is already making conditions more challenging. Related Video Musk visits border, calls for Trump-style wallForeign-born workers make up about a quarter of the construction workforce. They argue that the surge in home costs is largely a result of the nationwide housing shortage, and immigrants are a key part of building housing. AdvertisementDuring the pandemic, many older, experienced workers retired, and the pipeline of younger US-born workers isn't sufficient, homebuilders say.
Persons: Homebuilding execs, Donald Trump's, , Eric Finnigan, John Burns, Ben Metcalf, Jim Tobin, JD Vance, Trump, Vance, Barack Obama, Obama, Joe Biden, Tom Homan, Chad Blocker, Homebuilders, Dennis Webb Organizations: Service, Trump, University of California, National Association of Home Builders, Immigration, Biden Locations: Berkeley, Los Angeles, Phoenix
Price growth ticked higher in October as voters began casting ballots in a presidential election in which economic concerns played a big role. The consumer price index climbed to 2.6% last month since the same time last year, the Bureau of Labor Statistics reported Wednesday. Stock futures turned higher, while traders bid up the price of government bonds. All-important shelter costs rose 0.4% from September to October, accounting for over half the monthly gains, the BLS said. Over the past four years, consumer prices have cumulatively increased about 20%, with the costs of many other goods and services rising even faster.
Persons: That's, Joe Biden’s, ” Kathy Jones, Charles Schwab, , Donald Trump, Trump, Jerome Powell Organizations: of Labor Statistics, BLS, Charles, Charles Schwab Center, Financial Research, ” Voters, White House, Trump, Investors, Adobe, National Retail Federation, Peterson Institute for International Economics, Citi Locations:
The effect of pay transparency laws on states
  + stars: | 2024-11-13 | by ( Jeanne Sahadi | ) edition.cnn.com   time to read: +6 min
The net effect for employers and employeesWhile only a minority of states require employers to provide pay transparency, their laws are having a domino effect on employers across the United States. “The majority of top-performing organizations (57%) embrace pay transparency and share pay ranges even when not required by law,” Payscale’s report noted. How pay transparency is helping individualsWhile there are federal laws prohibiting wage discrimination based on gender and other protected classifications, most states also have their own pay equity laws on the books. Wieselthier considers pay transparency laws a subset of pay equity because they provide a tool people can use to ensure they’re being paid fairly. “The whole purpose of pay transparency laws is to empower the candidates to negotiate,” Seikaly said.
Persons: Jersey —, Phil Murphy, , Sarah Wieselthier, Fisher Phillips, That’s, ” Wieselthier, Gen Z, Zers, Lulu Seikaly, , Payscale, , Wieselthier, ” Seikaly, , Seikaly Organizations: CNN, Locations: Washington, California , Colorado , Connecticut, Hawaii , Illinois, Maryland , Massachusetts, Minnesota , Nevada , New York, Rhode Island , Vermont, Illinois , Massachusetts, Minnesota, Vermont, Jersey, Jersey City , New Jersey, Cincinnati, Toledo, Ohio, New York City, Ithaca, Westchester County, New York State, United States
Jeffrey Tiong, founder and CEO of PatSnap. Courtesy of Jeffrey Tiong. Just ask Jeffrey Tiong. "Let me put it this way: For the last 17 years, building the business, there have been many dark times [and] low times. Courtesy of Jeffrey Tiong.
Persons: Jeffrey Tiong, Tiong Organizations: PatSnap, CNBC, National University of Singapore, The Wharton School, Patsnap Locations: Singapore, Patsnap, East Malaysia, Kota Kinabalu, U.S, Philadelphia, Europe, Asia
I think their actions don't say the same thing," he told Fortune. Chesky, who inspired the term "founder mode," says those seeking autonomy should be entrepreneurs. The Airbnb CEO recently spoke with Fortune about the "founder mode" model of leadership. But I don't think people for the most part want to be disintegrated. AdvertisementHe said that his operating in founder mode "flies in the face of everything we're taught about modern leadership."
Persons: Fortune, Chesky, , Brian Chesky doesn't, Paul Graham, Graham, Airbnb, he'd, they're, we're, Steve Jobs, Walt Disney, Jensen Huang, Elon Musk Organizations: Service Locations: America
669 of the 1,089 approved US H-1B hires for TikTok and ByteDance in that fiscal year were from China. The hiring occurred as US officials raised concerns about TikTok's ties to China. Only 12% of all approved fiscal year 2023 H-1B applications were for Chinese nationals, compared to 61% of TikTok and ByteDance's approved applications. AdvertisementEven as TikTok has taken steps to downplay its association with China, its owner, ByteDance, continues to operate in the US. The company has also used TikTok's Chinese sister app, Douyin, as a testing ground for features that ultimately end up on TikTok.
Persons: , ByteDance, US Sen, Tom Cotton, Cotton, Alejandro Mayorkas, ByteDance's, China TikTok, TikTok, Trump Organizations: TikTok, Service, Companies, Citizenship, Immigration Services, Business, US Data Security, Chinese Communist Party, US, Homeland, India, National Intelligence Locations: China, Beijing, ByteDance, California, Taiwan, Canada, Vietnam
Ducati North America CEO Jason Chinnock enlisted in the US Army out of high school. Chinnock served as a tank driver with the Third Armored Division and is a veteran of Desert Storm. AdvertisementFor nearly a century, Ducati motorcycles have been some of the most sought-after in the world. Related VideoSince 2016, Ducati North America CEO Jason Chinnock has been the executive tasked with running the motorcycle maker's crucial US business, its largest market outside Italy. Chinnock said veterans can also be strong hires for their discipline and ability to persevere when facing challenges.
Persons: Jason Chinnock, Chinnock, , it's, Allan Tannenbaum, that's Organizations: Ducati North, US Army, Third Armored Division, Desert, Service, Ducati, Audi, Business, Army, Division, Operation Desert, Chinnock, US Armed Forces Locations: Desert Storm, Italy, Iraq, Persian
AdvertisementA year later, I got the opportunity to return to Amazon as a boomerang employee. I'd always been told that a value at Amazon was to treat "the candidate as a customer," but didn't experience that. Related storiesRTO implementation was inconsistentA few weeks later, in May 2024, I accepted a different offer from Amazon for a Nashville-based role on another team I'd applied for. My layoff should've been the writing on the wall — this place has changed — but I clung to the idea of the Amazon I'd once respected, not wanting to recognize what it had become. The Amazon I joined in 2016 thrummed a "fail fast and often" mentality, encouraging risk-taking that led to delightful innovations.
Persons: I'd, , he'd, should've, Andy Jassy, Margaret Callahan, Stephanie Ramos, Jane Zhang Organizations: Amazon, Nashville, LinkedIn's, Companies, Technology Locations: Nashville, Atlanta
He examines how his team steps up when he takes PTO to determine whether he's hired the right people. I usually find vacation an opportunity to judge if I've hired the right team. Every time I've come back, I've felt the folks I've hired are the right people; they've stepped up, and they know they can make decisions. So when I'm going on vacation, I ask myself, who can I direct people to instead for questions they'd normally ask me? AdvertisementLet's say you have one or two people on your team you're concerned about while you're going to be on vacation.
Persons: Gopal Shenoy, he's, , I've, they've, Slack, they'll, they'd Organizations: Service Locations: people's, they're
He's not sure people will want to hire him as an older male nanny. I began an apprenticeship at Bright Horizons, a US-based day care chain that also operated in England, where I lived. I've worked with all sorts, from single parents in one-bedroom flats to celebrities who had non-disclosure agreements. I have no examples of older male nanniesSome people don't want to work with me because I'm a male nanny, or manny, as I say. There are no examples of an older male nanny, so I might need to be the first.
Persons: Max Kalogirou, He's, , I'm, Caretaking, I've, manny, it's Organizations: Service, Nannytax, Bright Locations: US, England
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Wall Street firm Jefferies boosted its Salesforce price target to $400 per share from $350, implying 40% updside from Friday's close. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m.
Persons: Jim Cramer, Jeff Marks, Jefferies, Marks, Jim Cramer's, Jim Organizations: CNBC, Nasdaq, Devices, Broadcom, Nvidia, Wall Street, Federal Reserve, Jim Cramer's Charitable Locations: Friday's
CNN —From his seaside Florida resort, Donald Trump is holding a casting call to fill the toughest job in Washington: attorney general. Current and former Justice officials anticipate eventual departures in some parts of the department and employees being sidelined and forced out. The Justice Department is also charged with defending administration actions in court, covering issues from health care to the environment to gun control. “Attorney General Jeff Sessions has taken a VERY weak position on Hillary Clinton crimes,” he wrote in a Twitter post in July 2017. Trump told Fox Business in 2020 that Barr should indict Obama, Biden and others because of the Russia investigation.
Persons: Donald Trump, Trump, Mark Paoletta, they’ll, Trump’s, ” Paoletta, ” JD Vance, Jack Smith, Christopher Wray, James Comey, Wray, Wray “, , podcaster Joe Rogan, , I’ll, Barack Obama, Hillary Clinton, Joe Biden, Sally Yates, Yates, Jeff Sessions, Matthew Whitaker, Sessions ’, John Huber, Rod Rosenstein, Sessions, William Barr, Barr, Obama, Biden, Bill Barr indicts, we’ll, ” Trump, ” Barr Organizations: CNN, Justice Department, Trump ., Justice, White, ABC, Trump, Employees, FBI, ISIS, Capitol, Biden, , Sessions, Fox Business, Hoover Institution Locations: Florida, Washington, Manhattan, American, Lago, United States, Alabama, Russia
AdvertisementA doctor who specializes in active aging shared three things she does to stay healthy and mobile as she grows older. That's why Wright sees healthy musculoskeletal aging as "a lifelong pursuit." Learn how to lift weightsWright recommends strength training to build as much muscle as possible, particularly in the critical decade. Related storiesEat a high-protein diet and plenty of vitamin DEating a high-protein diet helps build muscle. Getty ImagesIn order to build muscle, you also have to make sure you eat enough protein, Wright said.
Persons: Vonda Wright, , Wright, That's, Let's, Mike Molloy, It's, squats Organizations: Service, National Health, American Heart Association Locations: Florida
Business Insider secured access to an internal Tesla pay database, covering nearly 100,000 employees as of December 2021. Tesla offers lower base salaries than its tech and automotive peers but offers substantial stock grants. Nine current and former people in engineering and sales said that Tesla's stock grants make it easier to accept lower base salaries. To get a sense of which employees were more likely to take home large grants, BI broke up stock grants based on job category. So far, stock grants have "proven to be better than cash in your pocket."
Persons: Elon Musk's, It's, Tesla, Donald Trump's, , Zaheer Mohiuddin, ISOs, Greg Selker, Stanton Chase, Selker, Musk, we've, Harley Shaiken, Ford, Shaiken, Drew Baglino, Zachary Kirkhorn, Omead Afshar, Aaron Greenspan, it's Organizations: Business, CNBC, Securities and Exchange Commission, Nvidia, Ford, Meta, Amazon, Apple, Microsoft, BI, Companies, Google, US, Netflix, Big Tech, GM, Musk, Bloomberg Locations: Silicon Valley
Veterans can face challenges translating their military skills to civilian roles. Employers too often overlook or discount the experience veterans bring, a report found. These advocates for hiring veterans said that by looking a little closer at the skills undergirding veterans' experience, employers could help plug gaps in their workforces. Yet at the same time, employers often overlook or discount military experience, LinkedIn found. From there, Dickman said, Hire Heroes USA can go to employers and point to the abilities a veteran, service member, or military spouse possesses.
Persons: Ashley Bethea, , Bethea, Ashley, hadn't, Ross Dickman, Dickman, Jesse Gartman, Gartman, he'd, he's, Trina Clayeux, Clayeux, they've Organizations: Air Force, Service, Business, Hire, Apache, Army, Marine Corps, Craigslist, Movers, Pentagon Locations: America, Iraq, New York City, Oklahoma City, Gartman, Bethea
In his last term, Trump paused some work visa programs used by tech firms to hire skilled talent. This order left many tech workers stranded outside of the US in 2017. The H-1B visa program is the nation's largest temporary work visa program, with over 600,000 workers across 50,000 employers. Vice President-elect JD Vance has a venture capital background, and Musk is an immigrant himself who has said he was on an H1-B visa previously. Shin Yi Chong, who received her H1-B visa in 2019, was recently laid off from her tech job as a product manager.
Persons: Donald Trump's, Trump, , Donald Trump, Michael Greeley, What's, Hiba Mona Anver, Anver, Jenny Fielding, Biden, Palo, Sophie Alcorn, Anna Rathbun, Aaron Levie, Elon Musk, Levie, Elon, Alcorn, JD Vance, Anna Moneymaker, Chris Farmer, Vance, Musk, Shin Yi Chong, Shubhangi Goel, Riddhi Kanetkar Organizations: Service, Flare Capital Partners, Trump, Ventures, Hire, Experts, Business Locations: Cleveland, It's
In today’s edition, chief political analyst Chuck Todd explains why the results of the 2022 midterm elections were a mirage for the Democrats . Democrats did well in the 2022 midterms despite Biden, not because of him or his pro-democracy messaging. But Democrats managed to hold onto Senate seats in two states Trump carried, Michigan and Wisconsin. In the House, Republicans had a 212-201 lead, with 22 races yet to be called as of Friday afternoon. Read more →Trump won Nevada, NBC News projects — the first time a Republican presidential candidate has done so since 2004.
Persons: Chuck Todd, Kristen Welker, Donald Trump, Adam Edelman, Bill Clinton, Barack Obama, Joe Biden, Kamala Harris, Clinton, Obama, Biden, ’ “, Court’s Dobbs, Dobbs, Trump, Chuck →, , , It’s, ” Trump, , I’m, , We’re, Donald Trump’s, Gavin Newsom, JB Pritzker, Illinoisans, Kathy Hochul, Read, abi Organizations: NBC, White House, Capitol, Democratic, GOP, Democrats, Trump, Black, Asian, Senate, Republicans, NBC News, Nevada Senate, House, Gov, , New York Gov, Initiative Locations: Pennsylvania, Georgia, Arizona , Nevada , Michigan, Wisconsin, West Virginia , Montana and Ohio, Michigan, Arizona , Pennsylvania, Nevada, South America, In California, California, ” Illinois
WASHINGTON — The Department of Justice on Friday charged an Iranian man in a murder-for-hire plot to assassinate then-candidate Donald Trump and two others in a plot to kill an American journalist critical of Tehran. The three who were charged are Farhad Shakeri of Iran; Carlisle Rivera of Brooklyn, New York; and Jonathan Loadholt, of Staten Island, New York. Around Oct. 7, the Iranian official tasked Shakeri with providing a plan within seven days to kill Trump, he told law enforcement in recorded interviews, the complaint says. Shakeri told FBI officials that he didn’t intend to propose a plan to assassinate Trump in the timeframe set by the IRGC, it says. Trump was also briefed by U.S. intelligence officials after the attempt in September about threats from Iran to kill him.
Persons: WASHINGTON, Donald Trump, Trump, ” Damian Williams, Qasem Soleimani, Farhad Shakeri, Carlisle Rivera, Jonathan Loadholt, Shakeri, surveil, Steven Cheung, , Rivera, Masih Alinejad, Alinejad, Loadholt, realDonaldTrump, Merrick Garland, Christopher Wray, , Biden Organizations: The Department, Justice, Southern, of, Islamic Revolutionary Guard Corps, Iranian, U.S, Trump, FBI, White, Prosecutors, NBC News, Fairfield University, Service, Emergency Economic Locations: American, Tehran, U.S, of New York, Iran, Brooklyn , New York, Staten Island , New York, New York City, Sri Lanka, United States, Afghan, New York State, Brooklyn, Loadholt, Staten Island, Republic, America, Florida, New York
The Department of Justice on Friday charged an Iranian man and two New York residents in murder-for-hire plots targeting then-candidate Donald Trump and others. The department said the plot was part of Iran's efforts to exact revenge for the death of Iranian military leader Qasem Soleimani during the Trump administration. Around Oct. 7, the Iranian official tasked Shakeri with providing a plan within seven days to kill Trump, he told law enforcement in recorded interviews, the complaint says. Shakeri told FBI officials that he didn't intend to propose a plan to assassinate Trump in the timeframe set by the IRGC, it says. Trump communications director Steven Cheung said Friday that the president-elect is aware of the attempted assassination plot.
Persons: Donald Trump, Trump, Damian Williams, Qasem Soleimani, Farhad Shakeri, Carlisle Rivera, Jonathan Loadholt, Shakeri, surveil, Steven Cheung, Rivera, Masih Alinejad Organizations: U.S, The, Justice, Southern, of, Islamic Revolutionary Guard Corps, Iranian, Trump, FBI, White, Prosecutors, NBC News Locations: Iranian, Tehran, Iran, New York, U.S, of New York, Brooklyn , New York, Staten Island , New York, New York City, Sri Lanka, United States, Afghan, New York State, Brooklyn, Loadholt, Staten Island, American
AdvertisementSome venture capitalists expect US President Donald Trump to dial back regulation, potentially making it easier to develop new technologies and do business in Silicon Valley. Related VideoWhile many in Silicon Valley dislike Trump, many VCs and startup founders crave more freedom to pursue riskier new technologies unburdened by regulation. E-acc," referring to the recent Silicon Valley movement that wants technological advancements in AI to move as fast as possible, without any guardrails. Regulation has held Silicon Valley back in recent yearsVCs during Biden's presidency have complained about how tough it's been to get deals done. AdvertisementVCs anticipate an innovation boomAmerica is a country of entrepreneurs, and that's especially true in Silicon Valley.
Persons: , Donald Trump, Elon, Ben Narasin, we've, Trump, Musk, cheekily, Vance, Augustus Doricko, Kamala Harris, Aaron Levie, Harris, Mark Pincus, Biden's, Louis Lehot, Foley, Lardner, Lina Khan —, it's, Biden, JD Vance, Khan, Mason Angel, who's, he's, Narasin, Ben Thompson, Rainmaker's Doricko, Angel Organizations: Service, Elon, Venture, White, Department of Government, Zynga, acc, Google, Microsoft, Nvidia, Federal Trade Commission, Department of Justice, Trump, Republican, Big Tech, FTC, SpaceX, Space Force Locations: Silicon Valley, Silicon
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