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☆ Kyte Baby in controversy after Marissa Hughes’ remote work request was denied, CEO apologizes
▼ + stars: | 2024-01-21 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +8 min

New York CNN —The CEO of Texas-based baby clothing company Kyte Baby has issued two apologies after denying a remote work request by an employee whose baby was admitted into a neonatal intensive care unit. “We work at Kyte Baby: Of course we’re going to bring our kids to work,” an employee says in one TikTok video. “We work at Kyte Baby: Of course we’re expecting,” another chimes in. Another video titled “Meet the Kyte Baby Team” introduces various Kyte Baby employees, each dancing with a child or two in tow. According to a survey published by Bankrate that same month, 77% percent of full-time working women with children under the age of 18 support hybrid work schedules, while 74% support remote work.

Persons: Kyte Baby, Kyte, Marissa Hughes, ” Hughes, Hughes, Ying Liu, “ Kyte, Liu, ”, ” Lauren Jennings, Alison Brod, James Haggerty, ” Jennings, “, ’, It’s, ” Kyte Baby, “ Marissa, Bankrate Organizations: New, New York CNN, Alison Brod Marketing, Communications, CNN, Brookings, Department, Labor’s Locations: New York, Texas, America, United States

☆ I'm the former Microsoft VP of HR. Here's what executive leadership really thinks about at the end of the year — and why layoffs are so common in Q1
▼ + stars: | 2023-12-26 | by ( Chris Williams | ) www.businessinsider.com time to read: +7 min

Time for a performance reviewFor many in the lower layers of the company, the end of the year marks the arrival of performance reviews. In the C-Suite, performance reviews fall differently. The implementation of performance reviews at the highest levels is hampered by the compensation models up there. AdvertisementSo in the C-Suite, the performance reviews are still difficult, but rarely so personal. While you are worrying over your pending performance review, the C-Suite is worried about theirs too.

Persons: Chris Williams, Williams, —, I've, it's Organizations: Microsoft, Service

☆ Birdlike footprints from Triassic mystery animals precede earliest bird fossils by 60 million years
▼ + stars: | 2023-11-29 | by ( Mindy Weisberger | ) edition.cnn.com time to read: +6 min

The footprints, found at several sites in southern Africa, were recently identified as the oldest birdlike tracks ever found, preceding the earliest known skeletal fossils of avians by about 60 million years. Some called the tracks birdlike, but others weren’t so sure. Ellenberger may have muddied the waters by assigning many differently shaped tracks to the ichnogenus, “and not all of them are birdlike,” Abrahams said. They could belong to other reptiles or cousins of dinosaurs that evolved birdlike feet,” Clarke said. During a trip to Maphutseng, a fossil locale in Lesotho, the team found a number of birdlike tracks from the Triassic Period.

Persons: “, ”, Miengah Abrahams, Abrahams, Paul Ellenberger, Ellenberger, ” Abrahams, Julia Clarke, ” Clarke, there’s, Morphotype, paravians, —, ” Mindy Weisberger Organizations: CNN, University of Cape, University of Texas, Scientific Locations: Africa, University of Cape Town, South Africa, Austin, archosauria, Maphutseng, Lesotho

Cairo Santos made a 30-yard field goal with 10 seconds left, his fourth of the night after a miss on the opening drive, and the Bears had four interceptions of Joshua Dobbs in a defense-dominated 12-10 victory over the Minnesota Vikings on Monday. Moore for 36 yards put the ball at the 13 with 55 seconds left to set up the winning kick. The Bears (4-8) stopped a 12-game NFC North losing streak, including six in a row against the Vikings (6-6). Dobbs threw the go-ahead score to T.J. Hockenson with 5:54 left, but the Vikings stalled out again after that at the worst possible time. That set up the first field goal by Santos, who missed a 48-yard try on the first drive.

Persons: Cairo Santos, Joshua Dobbs, “, ”, Justin Fields, Moore, —, Justin Jefferson, Greg Joseph, Dobbs, Josh Metellus jarred, Anthony Barr, Ryan Wright, Jaylon Johnson, Jaquan, Edwards, Kyler Gordon, ” Dobbs, I’m, Danielle Hunter –, Sheldon, Gordon, Eddie Jackson, “ We’ve, Kirk Cousins, Fields, Brian Flores, Flores, Cole Kmet, Santos, Yannick Ngakoue, Akayleb Evans, Mekhi Blackmon, ___ Organizations: Chicago Bears, Cairo, Bears, Minnesota Vikings, NFC North, Vikings, Chicago, Minnesota, NFL, “ Defense, ” Bears, ESPN, Las Vegas Locations: MINNEAPOLIS, Detroit, T.J, Chicago, Minnesota, Las

REUTERS/David Gray Acquire Licensing RightsSYDNEY, Nov 24 (Reuters) - The long-term value of hotly contested $10.6 billion takeover target Origin Energy (ORG.AX) has been muddied by a government plan to accelerate the rollout of renewable energy, announced just hours before a key shareholder vote. However, the potential for new investment via the government's scheme undercuts Brookfield's argument that Origin and Australia needed its deep pockets to decarbonise quickly, Vickerson said. Pension giant AustralianSuper has argued Origin's stake in fast-growing British renewable energy company Octopus Energy, gas assets and millions of customers position the company well for the energy transition. The government's new scheme only strengthens the fund's conviction about Origin, according to a person familiar with AustralianSuper's thinking. However, Simon Mawhinney, chief investment officer at fund manager Allan Gray, which owns a roughly 3% stake in Origin, said the government's plan appears likely to push down returns.

Persons: David Gray, AustralianSuper, Max Vickerson, Vickerson, Brookfield, Tom Leske, Simon Mawhinney, Allan Gray, Lewis Jackson, Sonali Paul Organizations: REUTERS, Rights, Energy, Morgans, Origin, AGL Energy, Churchill Capital, Octopus Energy, Thomson Locations: Sydney, Chatswood, Australia, Brookfield

☆ Former SEC Chair Jay Clayton: We, as a society, are struggling with the marketplace for ideas
▼ + stars: | 2023-11-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFormer SEC Chair Jay Clayton: We, as a society, are struggling with the marketplace for ideasFormer SEC Chair Jay Clayton joins 'Squawk Box' to discuss the growing Elon Musk backlash as more companies paused spending on Musk's social media platform X, why he believes colleges and organizations have 'muddied the waters' over hate and free speech, and more.

Persons: Jay Clayton, Elon Organizations: SEC

☆ Tips for achieving work-life balance
▼ + stars: | 2023-11-18 | by ( Diamond Naga Siu | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at how the pandemic has twisted our perceptions of work-life balance — in good and bad ways. And that's impacted how people see and achieve work-life balance. AdvertisementMore than 60% of employees consider work-life balance a top priority in their next job, according to a 2022 Gallup study. She highlighted how people aren't just aspiring for work-life balance — they've come to expect it. Experts shared tips on small ways to improve your work-life balance.

Persons: —, hangouts, Julie Tran, Gen Zers, Kristen Lipton, Ryan Anderson, Anderson, Lipton, that's, Fernando Constantino Martínez Belmar, Xi, It's, Royce, That's, Zers, Tom Farley, Stella Kalinina, Drake, it's, you've, Naga Siu, Dan DeFrancesco, Hallam Bullock, Lisa Ryan Organizations: Service, Gallup, Future, Drayson Locations: Hochatown , Oklahoma, Loma Linda , California, San Diego, New York City, London

Senator Tim Scott (R-SC) speaks at the third Republican candidates' U.S. presidential debate of the 2024 U.S. presidential campaign hosted by NBC News at the Adrienne Arsht Center for the Performing Arts in Miami, Florida, U.S., November 8, 2023. Senator Tim Scott suspended his run for the 2024 Republican presidential election nomination on Sunday after months of burning through campaign cash at a blistering rate without making a significant dent in national opinion polls. "I think the voters, who are the most remarkable people on the planet, have been really clear that they're telling me: 'Not now Tim,'" Scott told Fox News in an interview on Sunday evening. The lone Black Republican in the U.S. Senate, Scott began his campaign in May, promising to present an optimistic, forward-looking vision for America. At the same time, Scott's finances began to deteriorate, an ominous sign for any presidential campaign.

Persons: Tim Scott, Adrienne Arsht, Mike Segar, Scott, Donald Trump, Nikki Haley, Haley, Ron DeSantis, Andy Sabin, Eric Levine, Levine, " Levine, Jeff Burns, Joe Biden, DeSantis, Biden, Gram Slattery, Alexandra Ulmer, Dan Whitcomb, Ross Colvin, Grant McCool, Miral Organizations: Republican, U.S, NBC News, Adrienne, Adrienne Arsht Center, Performing Arts, REUTERS, Rights, Fox News, United, Reuters, Black Republican, U.S . Senate, America, Florida, Trump, Democratic, Palestinian, Hamas, Thomson Locations: Miami , Florida, U.S, South Carolina, United States, Trump, New York, California, Ukraine, Israel, Washington, San Francisco

Miranda Villasmil guided her daughter and son past hundreds of huddled migrants, many still muddied and swollen from their trek here to Costa Rica from South America. The family of three carried just two grocery bags of their belongings from their past lives in Venezuela. When they reached the row of shuttle buses that would carry them to the Nicaraguan border, Ms. Villasmil was so overwhelmed with relief that she texted her relatives back home who were also considering fleeing. The Costa Rican government, she wrote them, was willing to provide “safe passage.”“We move forward,” Ms. Villasmil told her family in Venezuela. Ms. Villasmil is one of thousands of migrants taking advantage of new busing programs adopted by Costa Rica and other Central American countries trying to contend with a historic tide of migration passing through their borders.

Persons: Miranda Villasmil, Villasmil, ”, Ms Organizations: Costa, Central Locations: Costa Rica, South America, Venezuela, Nicaraguan, Costa Rican, Panama, Costa Rica’s

Political Cartoons View All 1223 ImagesNow the agency is aiming to further reduce lead levels in drinking water and tighten a rule that failed to prevent recent drinking water crises in cities like Flint, Michigan and Newark, New Jersey. Bernstein said he is hopeful “that as we remove lead pipes, we’re going to see the numbers continue to fall. “CDC’s work was used in other cities with elevated water lead levels to dampen citizen concerns,” the congressional report said. Joe Cotruvo, a former director of the Drinking Water Standards Division at EPA, said the existing regulations work and should be credited with significantly reducing lead in drinking water, they just aren’t properly enforced. Lead pipes in both cities were rapidly removed and lead levels dropped.

Persons: Ronnie Levin, ” Levin, Joe Biden, ”, Levin, Flint, Aaron Bernstein, Bernstein, Mark Powell, Yanna Lambrinidou, “, Mary Jean Brown, Marc Edwards, wouldn't, Joe Cotruvo, Michael Schock, Schock, we’ve Organizations: Environmental Protection Agency, EPA, Harvard, Centers for Disease Control, Washington , D.C, D.C, Virginia Tech, CDC, Agency, Associated Press, Walton Family Foundation, AP Locations: Flint , Michigan, Newark , New Jersey, U.S, Boston, WASHINGTON, Washington ,, Washington, The Washington, Flint, Benton Harbor , Michigan, Newark, Benton, Benton Harbor

The House backed the resolution by 412 to 10, with six members voting "present," reflecting traditional strong support in Congress for the Jewish state. The non-binding measure reaffirms U.S. commitment to Israel and calls on Hamas to immediately cease attacks and release every hostage. Johnson, a social conservative with little leadership experience, was elected speaker on Wednesday. The Johnson-led House must soon address a measure that would have the force of law. Like many other Republicans closely allied to former President Donald Trump, the new speaker has been an opponent of Ukraine aid.

Persons: Mike Johnson, Israel, Johnson, Kevin McCarthy, Joe Biden, Donald Trump, Patricia Zengerle, David Morgan, Deepa Babington, Cynthia Osterman Organizations: Representatives, Republican, U.S, Capitol, U.S . House, Republicans, Democrats, Democratic, Israel, Russia, Reuters, Thomson Locations: Washington , U.S, WASHINGTON, Israel, U.S, Ukraine, Taiwan, Palestinian, Gaza

☆ VIEW Fed's Powell: Strong economy may still require rate increases - Reuters News
▼ + stars: | 2023-10-19 | by ( ) www.reuters.com time to read: +2 min

Powell said U.S. central bankers are moving carefully on policy now after aggressive rate hikes last year to give time for tighter conditions to slow the economy and inflation. "Quite clear that the market is reading into Powell's comments on tighter financial conditions potentially leading to the tightening cycle being done and dusted. Obviously other FOMC officials have said similar, but hearing so 'from the horse's mouth' gives the statement extra credibility." The tone was a bit more dovish than other Fed officials recently. "It's hard to make too much of a determination about what happens with knee jerk reactions immediately after any type of Fed comments ...

Persons: Jerome Powell, Powell, MICHAEL BROWN, MICHAEL JAMES, There's, CHRIS ZACCARELLI Organizations: U.S, Treasury, ALLIANCE, Global Finance, Markets, Thomson Locations: U.S, CHARLOTTE, NC

☆ US new auto sales likely rose in Q3, but UAW strikes may pose speed bump
▼ + stars: | 2023-10-02 | by ( Shivansh Tiwary | ) www.reuters.com time to read: +2 min

But that may change after the United Auto Workers (UAW) union launched unprecedented, coordinated strikes against GM, Ford (F.N) and Stellantis (STLAM.MI) last month. "The production disruptions caused by the strike will have ramifications for potential sales levels moving through the fourth quarter," S&P Global Mobility said in a note. The automakers haven't disclosed a financial hit from the strikes so far and September sales are likely to be unscathed given the inventory built up in anticipation of the strike. U.S. new vehicle sales likely rose 17% to 3,941,700 units, whereas, the September seasonally adjusted annualized rate is expected to be 15.4 million units, consultants J.D. Automakers are expected to report quarterly sales in the coming days.

Persons: Carlos Barria, autoworkers, haven't, J.D, GlobalData, Shivansh, Shounak Dasgupta Organizations: REUTERS, General Motors, Toyota, United Auto Workers, UAW, GM, Ford, P Global Mobility, Detroit Three, Detroit, Thomson Locations: Port of Richmond, San Francisco , California, Edmunds, Bengaluru

GUIDONIA MONTECELIO, Italy (AP) — European captain Luke Donald was delivering his Ryder Cup victory speech in front of a giddy crowd at Marco Simone when his celebrating players standing beside him started a chant that quickly swept through the grandstands. Ineligible for this year’s Ryder Cup, it might be too early for them to be considered for 2025 whatever transpires regarding this “framework agreement” between the Saudi backers of LIV and PGA and European tours. He is already a multiple winner on the European tour. And how about the team having another set of brothers in Matt and Alex Fitzpatrick? “Seve, Ollie, the legends of the Ryder Cup that have come before us,” McIlroy said.

Persons: GUIDONIA MONTECELIO, Luke Donald, Ryder, Marco Simone, ”, Rory McIlroy, Donald, McIlroy, “, Bernard Gallagher, Tony Jacklin, John Jacobs, Gallagher, Henrik Stenson, —, LIV Golf, Lee Westwood, Sergio Garcia, Ian Poulter, Europe’s, LIV, Justin Rose, Molinari, Jon Rahm —, Ludvig Aberg, Robert MacIntyre, Nicolai Hojgaard, ” Rahm, Aberg, Adrien Dumont de Chassart, Rasmus Hojgaard, Nicolai, Rasmus, Alex Fitzpatrick, Matt, Alex, Rahm, Viktor Hovland —, Tommy Fleetwood, Tyrrell Hatton, Shane Lowry, Rose, Seve Ballesteros, Jose Maria Olazabal, “ Seve, Ollie, ” McIlroy Organizations: —, Ryder, Europe’s Ryder, Saudi, PGA Tour University, PGA, U.S, European Masters, Handa Locations: Italy, Rome, Bethpage, New York, Europe, Illinois

☆ Foreign holdings of US Treasuries increase in July, China holdings plunge -data
▼ + stars: | 2023-09-18 | by ( Gertrude Chavez-Dreyfuss | ) www.reuters.com time to read: +2 min

Total holdings of U.S. Treasuries climbed to $7.655 trillion in July, up from $7.562 trillion in the previous month. China's stash of Treasuries dropped to $821.8 billion, the lowest since May 2009, when it had $776.4 billion, data showed. "A lot of the increase in foreign holdings was from the Caymans, Luxembourg, Bermuda, which are associated with custodians. Major U.S. asset classes showed mixed results during the month, data showed. Data also showed U.S. residents increased their holdings of long-term foreign securities, with net purchases of $36.8 billion in July.

Persons: Kevin Lamarque, Treasuries, Gennadiy Goldberg, Goldberg, Gertrude Chavez, Dreyfuss, Chris Reese, Sonali Paul Organizations: Department of, U.S . Treasury, REUTERS, Treasury, Analysts, TD Securities, U.S, Thomson Locations: Washington , U.S, U.S, Treasuries, China, New York, Luxembourg, Bermuda, Japan

ATLANTA (AP) — Democratic Sen. Raphael Warnock on Friday urged Atlanta's mayor to be more transparent in how city officials handle a petition drive led by opponents of a proposed police and firefighter training center, saying he is “closely monitoring” the issue. Warnock's letter comes after weeks of calls from “Stop Cop City” activists who were furious that the state's top Democrats had stayed largely silent over the city's plan to adopt a signature-matching verification process. Activists and prominent voting rights groups have decried the restriction as voter suppression. The deadline had been previously extended until September by a federal judge, but an appellate court on Sept. 1 paused the enforcement of that order, throwing the effort into legal limbo. That announcement from the city prompted a federal judge overseeing the case to accuse officials of moving the goalposts on the campaign, saying they have “directly contributed” to a widespread sense of confusion over the matter.

Persons: — Democratic Sen, Raphael Warnock, Atlanta's, ” Warnock, Andre Dickens, “, Dickens, ” Dickens Organizations: ATLANTA, — Democratic, City ”, Atlanta Locations: Georgia, City, Atlanta

☆ Burning Man vehicles caked in mud are reportedly damaging some car washes — and some burners are being refused service altogether
▼ + stars: | 2023-09-08 | by ( Haley Tenore | ) www.businessinsider.com time to read: +3 min

One Reno car wash is turning away burners after caked-on mud and clay damaged its machinery. Finding a way to get them clean is proving to be difficult — and annoying some car wash managers in the process. One car wash said it is turning away excessively muddy cars, due to dirt causing damage to the machinery, AP reported. Neither Burning Man nor Sierra Car Wash immediately responded to Insider's request for comment ahead of publication. Difficulty at the car wash isn't the only issue that the rain and mud caused burners.

Persons: —, rainstorms, Skeen, they're Organizations: Reno, Service, Rock, Associated Press, AP, Sierra Locations: Wall, Silicon, Rock City , Nevada, Reno , Nevada, unwashed

Two of them - Norway and United Kingdom - delivered a total of 50 basis points of rate hikes in the lowest such tally since January. Turkey delivered a super-sized 750 bps rate rise in August while Russia lifted its benchmark by 350 bps and Thailand added 25 bps. "Major central banks will maintain a restrictive policy stance through 2024," said Madhavi Bokil, senior vice president strategy and research at Moody's. "Significant easing by emerging market central banks is unlikely with advanced economy central banks still battling elevated inflation, and uncertainty around the U.S. interest rate outlook." Emerging markets interest ratesReporting by Karin Strohecker and Vincent Flasseur Editing by Tomasz JanowskiOur Standards: The Thomson Reuters Trust Principles.

Persons: Jason Lee, Carsten Brzeski, Brzeski, Costa, Madhavi Bokil, Karin Strohecker, Vincent Flasseur, Tomasz Janowski Organizations: People's Bank of China, REUTERS, New Zealand, Thomson Locations: Beijing, Norway, Brazil, Turkey, Russia, Central, United Kingdom, Australia, New, China, Europe, Chile, Costa Rica, Uruguay, Thailand

☆ AI booster Paul Graham complains of rise in web content that's 'AI generated SEO bait'
▼ + stars: | 2023-09-04 | by ( Kali Hays | ) www.businessinsider.com time to read: +3 min

The rise of generative AI has been lauded by major figures in tech like Paul Graham. A rapid expansion of AI tools is affecting the way the web looks and is used. AdvertisementAdvertisementEven the tech industry's most noted figures are getting irked by the ways generative AI is capable of degrading reliable and quality content on the web. AdvertisementAdvertisementThe rapid proliferation of Generative AI tools since the launch of OpenAI's ChatGPT less than a year ago has created a number of problems and concerns. The issue of quality is also growing in importance, as AI tools tend to present incorrect information in an authoritative way.

Persons: Paul Graham, That's, Graham, I've, Graham griped, He's, Malte, Ubl Organizations: Google

☆ Here's why trillions of dollars in money market funds may not restart the stock market rally
▼ + stars: | 2023-08-25 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +6 min

The 2023 stock market rally caught many investors off guard, with mountains of excess cash sitting in money market funds. "Money market balances are building up, which is unusual given how much the stock market has rallied recently. And history suggests that money market funds are not always fuel for a buy-the-dip trend to support a late-stage rally. Through that lens, the growth of money market funds in 2023 can also be linked to the regional bank crisis earlier this year. Clissold said discussions with wealth advisory clients suggest that "some of that money market fund money does leak into the stock market," albeit over time.

Persons: Emmanuel Cau, Callie Cox, Cox, Todd Sohn, Sohn, Ed Clissold, Ned Davis, Clissold, John Tobin, Dreyfus, I'm, corporates, Tobin Organizations: Bank of America, EPFR, Investment Company Institute, Nasdaq, Barclays, Money, Federal Reserve, Ned, Ned Davis Research, BNY Mellon Investment Management, CIO Locations: U.S

☆ Dollar rises ahead of Jackson Hole, Turkish lira rallies
▼ + stars: | 2023-08-24 | by ( Joice Alves | ) www.reuters.com time to read: +3 min

REUTERS/Dado Ruvic/Illustration/file photo Acquire Licensing RightsLONDON, Aug 24 (Reuters) - The dollar rose on Thursday as investors awaited for U.S. job data ahead of the Federal Reserve's Jackson Hole symposium, while the Turkish lira rallied after a larger-than-expected central bank rate hike. Investors were cautious after softer-than expected data in Europe and the U.S. muddied the economic outlook sending the safe-haven dollar higher. "As the Jackson Hole symposium gets under way, market participants are looking for direction," said Isabel Albarran, Investment Officer at Close Brothers Asset Management. MORE COULD COMEElsewhere, the Turkish lira rallied, up 3% to 26.4040 against the dollar after the Turkish Central Bank hiked the 1-week repo from 17.5% to a much-larger-than expected 25%. Turkey's central bank embarked on a tightening cycle in June after President Tayyip Erdogan appointed former Wall Street banker Hafize Gaye Erkan as governor.

Persons: Dado Ruvic, Jackson, Jerome Powell, Isabel Albarran, Tayyip Erdogan, Hafize Gaye Erkan, Piotr Matys, Moh Siong Sim, China's, Joice Alves, Tom Westbrook, Ankur Banerjee, Angus MacSwan Organizations: REUTERS, Federal, Turkish, U.S, Investors, Investment, Asset Management, Turkish Central Bank, Wall Street, Touch Capital, British, Bank of England, PMI, Singapore, Thomson Locations: Europe, London

☆ Soft data drags back dollar ahead of Jackson Hole
▼ + stars: | 2023-08-24 | by ( ) www.cnbc.com time to read: +2 min

The dollar nursed a sharp pullback against Asian currencies on Thursday, after softer-than-expected global economic data muddied the interest rate outlook and pushed down U.S. yields ahead of the Federal Reserve's Jackson Hole symposium. The New Zealand dollar also leapt overnight, as did the yen , which crossed below 145 to the dollar for the first time in more than a week tracking a sharp move lower in U.S. Treasury yields. The dollar index , which measures the greenback against a basket of six major currencies remains higher for the month, but dipped about 0.2% overnight. PMI data was soft globally, which tempered gains for the euro and sent sterling on a wide-ranging round trip before it steadied around $1.2717. China's yuan, which has been supported by state-bank buying in recent sessions, was steady at 7.2864 in thin offshore trade.

Persons: Jackson, PMIs, Carol Kong, Jerome Powell's, Steve Englander Organizations: Federal, Commonwealth Bank of Australia, New Zealand, Treasury, PMI Locations: U.S, Asia, China

☆ Why Gen Z, Millennials, Boomers, and Gen X Fight: Generational Conflict
▼ + stars: | 2023-07-26 | by ( Kelli María Korducki | ) www.businessinsider.com time to read: +15 min

Gen Z is soft, millennials are embarrassing, boomers are evil, and no one has thought about Gen X in years. But late this spring, Pew announced it would no longer use generational labels such as millennial and Gen Z in its research. By and large, Cohen shares Duffy's view that generational labels make it tough for both experts and laypeople to distinguish between generational traits and universal, or multifactorial, occurrences. To its credit, Pew has been transparent in acknowledging how the use of generational labels may have tilted its analyses. Pew "does believe generational research can be a useful tool in the right context," Parker told me.

Persons: Gen X, Pew, Kim Parker, Parker, Obama, Millennials, boomers, Gen Zers, Xers, —, Karl Mannheim, Louis Menand, Menand, Andrew M, Lindner, Sophia Stelboum, Azizul Hakim, William Strauss, Neil Howe, Strauss, Howe's, Baby Boomer, Portia, Zers, Gen Xers, Philip N, Cohen, it's, Bobby Duffy, Duffy, Stelboum, Hakim, Michael Dimock, Kelli María Korducki Organizations: Pew Research Center, Pew, Skidmore College, University of Maryland, College, Washington, King's College London Locations: Mannheim, New York City

☆ Euro staggers as traders wary of hawkish ECB; dollar gains
▼ + stars: | 2023-07-25 | by ( Rae Wee | ) www.reuters.com time to read: +3 min

SINGAPORE, July 25 (Reuters) - The euro hit a two-week low on Tuesday as a worsening downturn in euro zone business muddied the bloc's rate outlook against a still-hawkish European Central Bank (ECB), while the dollar rose ahead of this week's trio of major central bank meetings. The offshore yuan strengthened in early Asia trade, following comments from China's top leaders on Monday pledging to step up policy support for its flailing economy. Elsewhere, sterling fell 0.11% to $1.2811, while the U.S. dollar index steadied at 101.39. "We continue to expect a combination of monetary, fiscal, property and consumption support measures to be rolled out in the next few months." The Australian dollar , often used as a liquid proxy for the yuan, gained 0.18% to $0.67515, while the kiwi rose 0.06% to $0.6209.

Persons: Rodrigo Catril, Guillermo Felices, Goldman Sachs, Rae Wee, Shri Navaratnam Organizations: Central Bank, ECB, National Australia Bank, NAB, U.S, PMI, Federal Reserve, Reuters, Bank of Japan, Australian, Thomson Locations: SINGAPORE, Asia, Germany

☆ Euro staggers as traders wary of hawkish European Central Bank, dollar gains
▼ + stars: | 2023-07-25 | by ( ) www.cnbc.com time to read: +3 min

The euro hit a two-week low on Tuesday as a worsening downturn in euro zone business muddied the bloc's rate outlook against a still-hawkish European Central Bank, or ECB, while the dollar rose ahead of this week's trio of major central bank meetings. The offshore yuan strengthened in early Asia trade, following comments from China's top leaders on Monday pledging to step up policy support for its flailing economy. Elsewhere, sterling fell 0.11% to $1.2811, while the U.S. dollar index steadied at 101.39. "We continue to expect a combination of monetary, fiscal, property and consumption support measures to be rolled out in the next few months." The Australian dollar , often used as a liquid proxy for the yuan, gained 0.18% to $0.67515, while the kiwi rose 0.06% to $0.6209.

Persons: Rodrigo Catril, Guillermo Felices, Goldman Sachs Organizations: Central Bank, ECB, National Australia Bank, NAB, Markets, U.S, PMI, Federal Reserve, Reuters, Bank of Japan, Australian Locations: Asia, Germany

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