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☆ 'Quiet quitting is the natural sequel to the Great Resignation' as workers still rethink their jobs 3 years into the pandemic
▼ + stars: | 2023-01-21 | by ( Madison Hoff | ) www.businessinsider.com time to read: +6 min

"I think that in some ways quiet quitting is the natural sequel to the Great Resignation," professor Adam Grant said. But so has been the Great Resignation, which has seen a massive number of workers actually leaving their jobs. James Detert, a professor of business administration at the University of Virginia, detailed in a post on The Conversation how the Great Resignation, quiet quitting, and unionization efforts at big companies are actually similar. As noted during the panel and seen in previous coverage from Insider, "quiet quitting" isn't actually a new thing. The Great Resignation, and thus its "sequel" of quiet quitting, may continue in 2023 and be sticking around.

Some Chinese youth who spoke to Reuters reflected the sense of frustration. But China's Gen Z has its own characteristics that present a dilemma for Xi, some analysts said. A survey of 4,000 Chinese by consultancy Oliver Wyman found Gen Z to be the most negative about China's economic outlook of all the age groups. FIXING THE YOUTHIn a New Year speech, Xi acknowledged the need to improve the prospects of China's youth, without mentioning the protests against his zero-COVID approach. Making housing more affordable could mean allowing a sector responsible for a quarter of China's economic activity in recent years to collapse.

☆ Amid inflation, more middle-class Americans struggle to make ends meet
▼ + stars: | 2023-01-18 | by ( Jessica Dickler | ) www.cnbc.com time to read: +3 min

watch nowThe middle class is shrinkingEconomists' definitions of middle class vary. To bridge the gap, Americans are dipping into their savings accounts and running up credit card balances. With economists now forecasting a possible recession, 62% of middle-income households said they need to get financially prepared, Primerica also found. Experts often recommend starting with high-interest credit card debt. Credit card rates, in particular, are now more than 19%, on average — an all-time record.

Bella Ramsey, the star of the highly anticipated HBO television series “The Last of Us,” recently shared that her gender has always been very fluid. However, she added, “Being gendered isn’t something that I particularly like, but in terms of pronouns, I really couldn’t care less.”Bella Ramsey in season eight of "Game of Thrones." Helen Sloan / HBORamsey, 19, joins a growing number of young adults who identify as neither exclusively male nor female. The British actor also joins a growing number of celebrities who identify as nonbinary or gender fluid. The dystopian series centers on Joel (Pedro Pascal), a smuggler, who is tasked with escorting lesbian teen Ellie (Ramsey) across a post-pandemic United States.

☆ One U-Haul manager believes lots of people will still move to Florida in 2023—but not to the popular cities of Miami and Tampa Bay
▼ + stars: | 2023-01-13 | by ( Kelsey Neubauer | ) www.businessinsider.com time to read: +3 min

Florida was the second-most-popular destination for U-Haul movers in 2022. Florida was the second-most-popular destination for U-Haul movers last year, second only to Texas, per a new report by the national truck-rental company. In a twist, these movers were less likely to embrace the popular cities of the pandemic era, like Miami and Tampa. People in the past year were choosing smaller, less expensive Florida areas — such as Clermont, Ocala, and The Villages, both moveBuddha and U-Haul found. It's a trend mirrored nationally, as movers sought exurban areas — suburbs with a rural feel in close proximity to cities.

☆ Alabama's attorney general threatened to prosecute people seeking abortion pills. A day later, he walked it back.
▼ + stars: | 2023-01-12 | by ( Yelena Dzhanova | ) www.businessinsider.com time to read: +7 min

Alabama Attorney General Steve Marshall said he'd prosecute people who take abortion pills. A day later, Marshall walked back his remarks and said only abortion providers would be prosecuted. Prosecuting people for taking abortion pills would not have been legal in the state of Alabama, civil-rights experts told Insider. The FDA authorized brick-and-mortar pharmacies across the country to pursue certification to carry abortion pills, a move that could expand abortion access nationwide. Kay Ivey in 2019, specifically says abortion providers can be held criminally liable, but people who get abortions cannot be.

☆ Here’s the inflation breakdown for December 2022 — in one chart
▼ + stars: | 2023-01-12 | by ( Greg Iacurci | ) www.cnbc.com time to read: +8 min

A decline in the annual inflation rate doesn't mean consumers saw deflation, which is when overall prices decrease. Categories with the largest changes in Decemberwatch nowWhile on the decline, the annual inflation rate remains at its highest since the early 1980s. Car and truck rental prices fell by 4.9%, while beef and veal prices fell by 3.1%, women's dresses by 2.3% and admission to sporting events by 1.5%. A decline in the inflation rate for electronics may seem counterintuitive when iPhones and other gadgets didn't necessarily come with steep discounts in 2022. Hourly wages have fallen by 1.7% in the past year, after accounting for inflation, according to the U.S. Department of Labor.

Brazilian American Vanessa Viana holds a picture of her son when he was a baby outside the house where Brazil's former President Jair Bolsonaro is staying in Florida. Bolsonaro's son, Sen. Flavio Bolsonaro, denied on Tuesday that the former president was responsible for the riots. Brazil's former President Jair Bolsonaro on his hospital bed in Kissimmee, Fla., on Monday. Arthur Ticianeli, a waiter at Eskina restaurant in Kissimmee, is a supporter of former president Bolsonaro. Resort security officers speak to journalists gathered outside the home where Brazil's former President Jair Bolsonaro has been staying on Tuesday.

☆ 23 U.S. cities where you can earn $150,000 and still be considered middle class
▼ + stars: | 2023-01-07 | by ( Kamaron Mcnair | ) www.cnbc.com time to read: 1 min

For most Americans, a $150,000 annual salary is a lot of money: 80% of U.S. households earn less, according to 2021 Census Bureau data. A family making that much would be considered above middle class nationally, according to the Pew Research Center's definition of the term: a household earning between two-thirds and double their area's median household income. Across the entire country, that range is between $47,189 and $141,568, based on Census Bureau income data. But $150,000 is still a middle-class income by Pew's definition in nearly half of the country's 50 most-populated metropolitan areas, where incomes tend to be high. Here are 23 metro areas where $150,000 annual income is considered middle class:

☆ Rep. Jimmy Gomez takes his baby to the Capitol during House speaker votes: ‘We have to normalize Dads'
▼ + stars: | 2023-01-05 | by ( Danielle Campoamor | Danielle Campoamor Has Been Published In Teen Vogue | Harper'S Bazaar | ) www.nbcnews.com time to read: +7 min

Rep. Jimmy Gomez, D-Calif., knew things could go awry during the House speaker vote on Tuesday. It was new for Gomez’s family members, who had plans to watch Gomez be sworn in for a fourth term and then tour the nation’s capital. “But that took another 30 minutes.”Gomez had planned on being on the House floor at 11:30 in the morning. “In the end, we have to normalize dads taking their kids with them, be it stay-at-home dads or working dads,” Gomez says. I mean, babywearing is cool now!”On Wednesday, Gomez and his family, along with Hodge, returned to the House floor as Republican members tried again to elect a speaker.

Against a backdrop of slowing economic activity and demand, these "base effects" strongly suggest broader inflation has peaked and could fall rapidly in the coming months. Gregory Daco, chief economist at EY-Parthenon, reckons that these disinflationary dynamics will intensify, so much so that headline U.S. consumer price inflation may fall below 2% by the end of this year. Brent oil is below $80 a barrel, and on Wednesday its year-on-year price differential turned negative for the first time in two years. This trend is likely to continue due to base effects - Brent hit a 14-year peak around $130/bbl last March and was above $100/bbl as recently as July. According to the Bureau of Labor Statistics, the non-seasonally adjusted average monthly rate of consumer price inflation in the first half of last year was 1%.

☆ The pay gap will get worse for Gen Z women because they're 'so anxious,' an NYU professor says
▼ + stars: | 2023-01-04 | by ( Jacob Zinkula | Juliana Kaplan | ) www.businessinsider.com time to read: +4 min

Gen Z is facing a "national crisis," according to social psychologist and NYU professor Jonathan Haidt. Haidt told the Wall Street Journal that Gen Z women are going to be less successful than Gen Z men. That's partly because many Gen Z women are facing mental health challenges like anxiety. As Gen Z enters the workforce, the problem could get even worse. "Gen Z women, because they're so anxious, are going to be less successful than Gen Z men," he said.

☆ Five states will have politically-split Senate delegations in the new Congress, reflecting the nation's continued partisan polarization
▼ + stars: | 2023-01-02 | by ( John L. Dorman | ) www.businessinsider.com time to read: +8 min

The new Congress, which begins this week, will have five politically-split Senate delegations. But in the new Congress, which begins this week, only five states will have split Senate delegations: Maine, Montana, Ohio, West Virginia, and Wisconsin. AP Photo/Matthew BrownMontanaDemocratic Sen. Jon Tester and Republican Sen. Steve DainesTester was first elected to the Senate in 2006 and secured reelection in both 2012 and 2018. Tom Williams/CQ-Roll Call, Inc via Getty ImagesWest VirginiaDemocratic Sen. Joe Manchin and Republican Sen. Shelley Moore CapitoManchin is perhaps the nation's most recognizable moderate Democrat, having single-handedly scuttled Biden's Build Back Better agenda in December 2021. WisconsinRepublican Sen. Ron Johnson and Democratic Sen. Tammy BaldwinThe Badger State is often home to some of the closest races in the entire country.

☆ Here's how much money it takes to be considered middle class in 20 major U.S. cities
▼ + stars: | 2023-01-02 | by ( Kamaron Mcnair | ) www.cnbc.com time to read: +1 min

The latest data from 2021 shows the share of the population in the middle class continues to hover around 50%, around where it has been since 2011. Prior to that year, the share of middle class Americans had been consistently shrinking since a peak of 61% in 1971. That means American households earning as little as $47,189 and up to $141,568 are technically in the middle class. But other factors like family size and location can change what middle class looks like for you. Here are the income thresholds for the middle class in the 20 most populous U.S. metros:

☆ 5 ways to make affordable housing for all in 2023 — from construction laws to mortgage financing
▼ + stars: | 2023-01-01 | by ( Kelsey Neubauer | Alcynna Lloyd | ) www.businessinsider.com time to read: +11 min

Houston has been able to keep its housing affordable in large part because of just this, he said. Jeff Tucker, the chief economist at Zillow, also told Insider that the biggest hurdle to affordable housing was "zoning reform." California has already done this when its citizens voted to pass Proposition 46, which provides funding specifically for affordable housing. It allocated just shy of $1 billion to the multifamily sector, according to CCIM, and is expected to see $13 billion in private funds be pushed into affordable housing. In July, Ginnie Mae, a federally-backed mortgage provider, specifically focused on affordable housing, requested that a manufactured home mortgage program be extended.

☆ When Does Life Begin?
▼ + stars: | 2022-12-31 | by ( Elizabeth Dias | Bethany Mollenkof | ) www.nytimes.com time to read: +19 min

“It is not black and white.”America’s fight over abortion has long circled a question, one that is broad and without consensus:When does life begin? The question of when life begins has been so politicized it can be hard to thoughtfully engage. Ancient Egypt gave the power to create new human life almost entirely to men. The scientific revolution, from Charles Darwin’s theory of evolution to reproductive science, disrupted centuries of thought on human life. “When does the responsibility for a life begin and end?”

☆ As child vaccine rates slip, local health officials fight misinformation
▼ + stars: | 2022-12-27 | by ( Lauren Sausser | Kaiser Health News | Lauren Sausser Covers Health Across The South As Part Of Khn'S Southern Bureau. | ) www.nbcnews.com time to read: +9 min

So the Health Department conducted something called an online “sentiment search,” which gauges how certain words are perceived on social media. An analysis conducted by KHN and The Associated Press found local health department spending dropped by 18% per capita from 2010 to 2020. To that end, the health department has partnered with local leaders and groups to encourage vaccinations. — Phil Maytubby, Oklahoma city County health departmentThe more than 3,000 public health departments nationwide stand to benefit from a unified message, he said. In late 2020, the foundation, working with other public health groups, established the Public Health Communications Collaborative to amplify easy-to-understand information about vaccines.

☆ Eyeliner Out of Stock? Blame TikTok
▼ + stars: | 2022-12-22 | by ( Liz Young | ) www.wsj.com time to read: +7 min

Sonya Dube went to buy more of one of her favorite makeup products, a Charlotte Tilbury highlighter, this summer only to find it was out of stock—again. So, it was only natural that Ms. Dube turned to TikTok to document her exasperation at not being able to find another bottle. Viewers often can click a link to buy an item right away, making the shopping experience nearly seamless—if the product is in stock. Charlotte Tilbury has sought to adapt its supply chain to respond to customer demand as products go viral, a company spokesperson said. “We do our best to hold enough stock to get us through moments like these,” Ms. Schakler said.

☆ As the cost of living skyrockets, nearly 1 in 3 adults rely on their parents for financial support
▼ + stars: | 2022-12-21 | by ( Jessica Dickler | ) www.cnbc.com time to read: +2 min

In this article GEN Follow your favorite stocks CREATE FREE ACCOUNTwatch nowAs the cost of living skyrockets, many adults are turning to a familiar safety net: mom and dad. Nearly a third of millennials and Gen Zers, over the age of 18, get financial support from their parents, according to a new survey by personal finance site Credit Karma. More than half of parents with adult children said their kids are living with them. In most cases, 25- to 34-year-olds are living in the home of one or both of their parents. The typical 25- to 34-year-old in a multigenerational household contributes 22% of the total household income, Pew found.

☆ With inflation still elevated, a recession looming, and workers still in short supply, the minimum salary people will accept right now is almost $74,000
▼ + stars: | 2022-12-20 | by ( Juliana Kaplan | Madison Hoff | ) www.businessinsider.com time to read: +6 min

That's according to average reservation wage results from the New York Fed's SCE Labor Market Survey. The average reservation wage in November 2022 was $73,667, 4.7% higher than the average a year earlier. Prices are soaring, the labor market is still hot, and some small businesses are having a hard time filling openings. The average reservation wage from March 2020 to November 2022 climbed more for employed people, compared to peers who aren't working. The record reservation wage also backs up what economic data has continually shown: The labor market doesn't seem too worried about a recession.

A Culture in theCross Hairs Russia’s invasion has systematically destroyed Ukrainian cultural sites. It has also dealt a grievous blow to Ukrainian culture: to its museums and monuments, its grand universities and rural libraries, its historic churches and contemporary mosaics. This is how empires always work.” The war in Ukraine is a culture war, and the extent of the destruction is becoming clearer. Kyiv Sviatohirsk UKRAINE Damaged or destroyed religious sites Areas controlled by Russia at any time since invasion. Kyiv Sviatohirsk UKRAINE Damaged or destroyed religious sites Areas controlled by Russia at any time since invasion.

☆ Opposition to U.S. school vaccine mandates rose during pandemic -survey
▼ + stars: | 2022-12-16 | by ( Shawana Alleyne-Morris | ) www.reuters.com time to read: +2 min

That was up from 16% in a 2019 Pew Research Center poll conducted before the COVID-19 pandemic, KFF researchers said. Most were either unvaccinated or had received just one of two recommended doses of MMR vaccine, according to City of Columbus Public Health. Opposition to required childhood inoculations was strongest among those who identified as Republican in the survey, with 44% now opposed to childhood school vaccine mandates, up from 20% before the pandemic. Among those identifying as Democrats, 88% still support school vaccine mandates. Although childhood vaccine recommendations are made by the CDC's Advisory Committee on Immunization Practices, school immunization requirements are set by individual states.

☆ Nearly half of young adults in the US are living at home with their parents, and all that saved rent is fueling a luxury boom
▼ + stars: | 2022-12-14 | by ( Nidhi Pandurangi | ) www.businessinsider.com time to read: +4 min

Nearly half of young adults are living at home in the US — a historical high not seen since the Great Depression, per the US Census Bureau. They are helping fuel a luxury boom, Morgan Stanley analysts say. That's a historical high not seen since the Great Depression era, Morgan Stanley analysts wrote in a Friday note. The analysts estimate that around 48% of young adults are living with parents in 2022, similar to levels seen in the 1940s. The levels of young adults living at home peaked at 49.5% around 2020, coinciding with the outbreak of the COVID-19 pandemic.

☆ Astronauts explain why nobody has visited the moon in 50 years — and the reasons are depressing
▼ + stars: | 2022-12-14 | by ( Dave Mosher | Hilary Brueck | ) www.businessinsider.com time to read: +15 min

The last time a person visited the moon was in December 1972, during NASA's Apollo 17 mission. But those stays during the Apollo program didn't establish a lasting human presence on the moon. Researchers and entrepreneurs have long pushed for the creation of a crewed base on the moon — a lunar space station. But many astronauts and other experts suggest the biggest impediments to making new crewed moon missions a reality are banal and somewhat depressing. During NASA's Apollo program, 12 people landed on the moon.

☆ 'It could be a blessing and a curse.' Here are 3 unexpected financial pitfalls unmarried couples need to know
▼ + stars: | 2022-12-13 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +1 min

SEATTLE — If you're living together before marriage or committed long-term without plans to tie the knot, you'll need to prepare for the future — or you may face challenges later, experts say. There are "rising rates of cohabitation," with many couples skipping marriage because "they don't see the benefit," said Michelle Petrowski, a certified financial planner at the Phoenix-based financial firm Being in Abundance. Financially speaking, "it can be a blessing and a curse," she said, speaking at the Financial Planning Association's annual conference on Monday. While some couples opt out of marriage for financial reasons, they may not understand the pitfalls, Petrowski said. Here are some unexpected financial issues unmarried couples need to consider.

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