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They Used to Be Ahead in the American Economy. But over 40 years, even as their inflation-adjusted income has remained relatively flat, they’ve fallen well below the average income. But over 40 years, even as their inflation-adjusted income has remained relatively flat, they’ve fallen well below the average income. In the reordering of the U.S. economy since 1980, white men without a degree have been surpassed in income by college-educated women. As the American economy has shifted over the past 40 years away from manufacturing and toward services and “knowledge” work, this less visible hierarchy within the economy has shifted, too.

Persons: Jobs, metalworkers, —, ”, Kathy Cramer, David Autor, Tom Kochan, Susan Houseman, “, Lisa Boscola, Arlie Hochschild, , appraisers, Cramer, Scott Paul, who’ve, Stephanie Ternullo, Boscola, they’re, Donald J, Noam Gidron, Trump, Rather, Biden, Kamala Harris, Stefanie Stantcheva, Stantcheva Organizations: University of Wisconsin, Workers, Labor, Upjohn Institute, Employment Research, Democratic, Bethlehem Steel, Berkeley, Alliance for American Manufacturing, Harvard, Electoral College, Democratic Party, Republican, Securities, Bank, Radio, Observers, Mr, Obama Locations: American, U.S, Wisconsin , Michigan, Pennsylvania, M.I.T, Manitowoc County, Wis, Wisconsin, Michigan, ”, I’m, America, Bethlehem, Pa

☆ Jack Jones, balladeer famous for ‘Love Boat’ theme and 1960s hits like ‘The Impossible Dream,’ dies at 86
▼ + stars: | 2024-10-25 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Variety-Live-Blog-Byline-Image.Png | ) www.nbcnews.com time to read: +8 min

Jones died of leukemia at a hospital in Rancho Mirage, Calif., his wife of 15 years, Eleanora Jones, said. Jones had hits on Billboard’s Hot 100 chart, but his highest chart numbers could be found on what was then known as the easy listening chart, which later became adult contemporary. 1 singles with “The Race is On” in 1965, “The Impossible Dream (The Quest)” in 1966 and “Lady” in 1967. 6 on the easy listening chart and No. Besides Jones’ wife, his survivors include daughters Crystal Jones and Nicole Ramasco, stepdaughters Nicole Whitty and Colette Peters, and three grandchildren.

Persons: Jack Jones, Jones, Eleanora Jones, ”, ” —, Stephen Holden, Frank Sinatra, — Jones, Will Friedwald, ” Jones, “, — Sammy Cahn, Jimmy Van Heusen, Cole Porter, Harold Arlen, Michel LeGrand, Alan, Marilyn Bergman, Gerry Mulligan, Buddy Rich, Count Basie, didn’t, David O, Russell’s, Cy Coleman, Irene Harvey, Allen Jones, Marx, Jeanette McDonald, Nelson Eddy, You’re, Nancy Sinatra, Frank Sinatra’s, “ Lollipops, —, Burt Bacharach, Hal David, Cécile, Jones ’, Tony Bennett, Times ’ Holden, “ Mr, ’, Holden, Mark Murphy, Jones’s, Eleanora Jung, Jill St, John, Crystal Jones, Nicole Ramasco, stepdaughters Nicole Whitty, Colette Peters Organizations: Rancho Mirage, Calif, ”, New York Times, ABC, Street, Opera, MGM, University High School, Capitol Records, Kapp Records, U.S . Air Force Reserve, Las Vegas, Algonquin Hotel, Times, Hollywood Locations: Rancho, America, British, La Mancha, West Los Angeles, Coachella, Palm Springs

☆ 13 cheap stocks with strong earnings as mega-cap growth fades in a major market shift
▼ + stars: | 2024-10-25 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

Here are 13 top stocks that are cheap and have above-average earnings growth. Mega-cap growth stocks dusted their smaller peers for 18 months, beginning in early 2023. These firms have above-average earnings growth and cheaper-than-average valuations, and they have an impressive record of outperformance over the last few decades. Without potent earnings, GARP stocks could risk falling into the "value trap" category. Cheaper GARP stocks should become more appealing in that backdrop, according to BMO, and historical performance backs that up.

Persons: —, Brian Belski, he's, Belski Organizations: BMO Capital Markets, Service, BMO Capital, BMO, Markets

“It’s incredible,” Payton II told NBC News. One might be Payton II, the son of longtime Seattle SuperSonics star Gary Payton, a member of the NBA’s 75th Anniversary Team. Golden State faced Los Angeles twice in the preseason, and Payton II made sure to go over to the younger James pregame to offer a few words of advice. Rarely do players with those statistics get drafted by an NBA team, but the Lakers took Bronny in the second round with the 55th overall pick. That idea of feeling undeserving is something Payton II experienced growing up.

Persons: Gary Payton II, Bronny James, —, — LeBron James, ” Payton, “, Payton II, Gary Payton, James, LeBron James wasn’t, Payton, Larry Nance Jr, Nance Jr, ”, don’t, Jett Howard, Juwan Howard, ” Howard, It’s, Martin, Star Kenyon Martin, Bronny, ” Martin, I’m, LeBron, Hey, ’ ” Nance Jr, Anthony Davis, JJ Redick, won’t Organizations: ANGELES, Golden State Warriors, Los Angeles Lakers, NBC News, Seattle SuperSonics, Golden State, Los Angeles, Sierra Canyon High School, USC, Trojans, NBA, Lakers, Atlanta Hawks, ” Orlando Magic, ” 76ers, K.J, G League, Warriors Locations: Las Vegas, Sierra, Southern California, Los Angeles

☆ Psilocybin: Searching for the antidepressant of the future
▼ + stars: | 2024-10-22 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +13 min

The stakes are high for psilocybin clinical trials — there’s a pressing need for a more effective medical solution in the fight against depression, especially treatment-resistant depression. “People begin to feel, understand and appreciate that their brain can change and they can escape from their depression,” Nutt said. “For that reason alone, this research matters.”At six weeks, the study found no significant difference in depression scores between the antidepressant and psilocybin groups. In fact, Madras said, adverse effects are such a concern that researchers in psychedelic clinical trials often actively recruit people who have successfully taken psychedelics in the past. In a study using psilocybin for alcohol substance abuse, for example, some 95% of those involved correctly guessed whether they were taking psilocybin or the placebo.

Persons: ”, Dr, Bertha Madras, “, Charles Raison, ’ “, don’t, David Nutt, ” Nutt, it’s, I’m, Timothy Leary, hasn’t, It’s, Harvard’s, Casey Wolfington, Katie Harmon, escitalopram, Nutt, Tommaso Barba, wasn’t Organizations: CNN, Harvard Medical, McLean Hospital, University of Wisconsin School of Medicine, Public Health, Vail Health Behavioral Health Innovation Center, Imperial College London’s, Food, FDA, Imperial College London Locations: United States, Belmont , Massachusetts, ” Madras, Madison, Vail, Colorado, Harvard’s Madras, Madras

☆ Here's exactly how to prepare for a Trump or Harris presidency — and how to build a 5-part 'election-proof portfolio'
▼ + stars: | 2024-10-19 | by ( James Faris | ) www.businessinsider.com time to read: +5 min

US stocks usually fall in autumn. "The amount of warning you often get between the peak happening and a pretty significant downturn is pretty limited, right? "What usually happens in an election year is, November and December are pretty bullish for stocks," Keller said. The veteran strategist also talked about what he's half-jokingly calling "Dave's election-proof portfolio" of investments. AdvertisementBelow are Keller's best ideas for either a Trump or Harris win, plus five investments that should be fine either way.

Persons: Stocks, David Keller, —, hasn't, Keller, shouldn't, Harris, Whoever's, he's, Donald Trump, Kamala Harris Organizations: Service, Sierra Alpha Research, Trump

☆ LVMH had a rough week. That's a bad sign for the luxury sector.
▼ + stars: | 2024-10-19 | by ( Madeline Berg | ) www.businessinsider.com time to read: +7 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . LVMH, the largest of the luxury conglomerates, announced its third-quarter earnings this week, and the results were grim. AdvertisementWhile personal luxury sales in China grew by more than 37% each year from 2019 through 2021, that annual growth is not expected to hit more than 4.2% through 2028, according to EMARKETER data. AdvertisementEMARKETER's Canaves pointed to the collaborations and moves toward streetwear that helped some brands emerge from the last luxury slump. Of course, any expansion into new categories should not take attention from handbags and clothing, the revenue drivers of luxury brands.

Persons: LVMH, —, Louis Vuitton, Salvatore Ferragamo, Goldman Sachs, Gucci, Hermès, Jean, Jacques Guiony, Adam Cochrane, Chanel, Canaves, Guiony, Birkin, Deutsche Bank's Cochrane, Cartier, Brunello Cucinelli, Rambourg, Louis Organizations: Service, Revenue, Louis, Burberry, Business, Deutsche Bank, Gucci, Deutsche Bank's, Chez Locations: China, Asia, Japan, COVID, streetwear, Paris

☆ Netflix keeps getting sued over true-crime shows. It's thirsty for more.
▼ + stars: | 2024-10-19 | by ( Lucia Moses | ) www.businessinsider.com time to read: +6 min

Netflix continues to seek out true-crime shows despite the legal risks. 3 on Netflix's most popular TV shows viewed of all time, as of September 29, with more than 1 billion hours viewed. AdvertisementNetflix faces lawsuits over true-crime showsWhile true-crime shows often have the potential to become low-budget hits, they can also involve legal risks and associated costs. Advertisement"I don't think it's going to stop them," said a second agent of the legal issues around some crime shows. Data from Parrot Analytics suggested viewer demand for true-crime documentaries — as opposed to scripted shows — on Netflix is far outweighed by supply.

Persons: —, Lyle, Erik Menendez, Anna, Anna Sorokin, Anna Delvey, Peacock, Guy Bisson, Ampere, " Bisson, Dahmer, Ryan Murphy, Murphy, Laci Peterson, Richard Gadd, Anna Sorokin's, Rachel Williams, Shonda Rhimes, hasn't, Ed Gein Organizations: Netflix, Service, Ampere, Netflix's, New York, Analytics

☆ Former US Army soldier Sung Anh is now a Michelin-starred chef in South Korea and a Netflix ‘Culinary Class Wars’ judge
▼ + stars: | 2024-10-18 | by ( Alkira Reinfrank | ) edition.cnn.com time to read: +11 min

It’s this passion and unwavering drive to forge his own path that’s helped reshape fine dining in his birth home. Chef Sung Anh with his brother in the US Army (left) and with family in California (right). Mosu SeoulIn 2017, chef Sung opened Mosu Seoul in the heart of one of the world’s fastest-growing fine dining scenes. CNNAs recognition grows for South Korean food, chef Sung takes things further at Mosu Seoul, celebrating more than just local ingredients. “Chef Sung gives life and character to each dish I make, which I find very respectable.

Persons: Sung, ”, “, Sung Anh, …, Saddam Hussein, Mosu, “ I’ve, They’ve, Jong, Sangwoo Kim, Chef Sung, Paik Jong, Mosu —, ” Sung, Chung, Ceramicist Yoon Sol, Yoon Organizations: CNN, Michelin, Netflix, US Army, Korean, US, Porsche, West, Mosu, Acorn, Chefs, Mosu Seoul Locations: Iraq, Korea, American, Seoul, South, San Diego , California, US West Coast, South Korea, California, Vietnam, Baghdad, Dakota , Idaho, Puerto Rico, Hawaii, San Francisco, Mosu Seoul, Mosu, Hong Kong, —, Komah, Sao Paulo, New York, Korean, Gangnam, Asia

☆ Cramer's week ahead: Earnings from Boeing, Tesla, IBM and T-Mobile
▼ + stars: | 2024-10-18 | by ( Julie Coleman | ) www.cnbc.com time to read: +3 min

With Wall Street rolling into the thick of earnings season, CNBC's Jim Cramer on Friday told investors what market-moving action to keep an eye on next week, including reports from Boeing , Tesla , IBM and T-Mobile . On Tuesday, a slew of big names will report, including General Motors , Danaher , RTX and GE Aerospace . Cramer said the automaker could be a bargain, even as many on Wall Street are pessimistic about its earnings. IBM , Tesla , Lam Research and T-Mobile will report after close. Friday brings earnings from Colgate-Palmolive , and Cramer said he thinks Wall Street will love the stock but that such fondness is "way overdone."

Persons: CNBC's Jim Cramer, Cramer, Clark, Vertiv's, Elon Musk, Lam, Decker Organizations: Boeing, Tesla, IBM, Mobile, SAP, General Motors, GE Aerospace, Texas Instruments, Texas, Lam Research, Southwest Airlines, Honeywell, UPS, Carrier, Colgate, Palmolive Locations: Norfolk Southern

☆ NFL Week 7 preview: Five things to watch out for
▼ + stars: | 2024-10-17 | by ( Andy Scholes | Ben Morse | ) edition.cnn.com time to read: +22 min

Brandon Sloter/Getty Images Minnesota Vikings quarterback Sam Darnold throws the ball to tight end Johnny Mundt in Minneapolis on September 22. Matt Slocum/AP Kansas City Chiefs quarterback Patrick Mahomes runs the ball against Cincinnati Bengals cornerback Dax Hill during the Chiefs' 26-25 victory in Kansas City, Missouri, on Sunday, September 15. Ed Zurga/AP Kansas City Chiefs quarterback Patrick Mahomes scrambles during the game against the Baltimore Ravens in Kansas City, Missouri, on September 5. The same can’t be said for Tampa Bay quarterback Baker Mayfield: he’s 1-5 on Monday nights. ETKansas City Chiefs (5-0) @ San Francisco 49ers (3-3) – 4:25 p.m.

Persons: Vince Lombardi, There’s, Deebo Samuel, Samuel, John Froschauer, Brian Branch, Matthew Pearce, Patrick McDermott, Pat Surtain, AAron Ontiveroz, C.J, Gardner, Johnson, David Njoku, Matt Rourke, Claudin, Kirk Cousins, Grant Halverson, Caleb Williams, Williams, Zac Goodwin, Isaac Yiadom, Ji'Ayir Brown, DK Metcalf, Steven Bisig, Willie Gay Jr, Gay, Ed Zurga, Camryn Bynum, Steve Luciano, Keon Coleman, Eric Gay, Trevor Lawrence, David Rosenblum, Daniel Whelan, Gregory Bull, Trey Sermon, Nathan Ray Seebeck, Ka'imi Fairbairn, Deommodore Lenoir, Ezra Shaw, Riley Moss, Cooper Neill, Aaron Rodgers, Rodgers, Jayden Daniels, Christian Petersen, Tremon Smith, Greg Zuerlein, Seth Wenig, Ja'Tavion Sanders, Germaine Pratt, Eric Murray, George Kittle, Jed Jacobsohn, Darius Slayton, Eric Kendricks, Brad Penner, Reuters Damar Hamlin, Bryan M, Bennett, Calvin Austin III, Brandon Sloter, Sam Darnold, Johnny Mundt, Stephen Maturen, John Amis, Aaron Jones, Stacy Bengs, Dak Prescotts, Allen Lazard, Alex Austin, Darnell Mooney, Matt Slocum, Patrick Mahomes, Dax Hill, Jay Biggerstaff, Deebo Samuel Sr, Ivan Pace Jr, Abbie Parr, Alvin Kamara, Kamara, Tim Heitman, Tua Tagovailoa, Tagovailoa, Jasen, Caroline Brehman, Shutterstock, Dak Prescott, Prescott, Ken Blaze, Brian Robinson Jr, K.J, Britt, Jaylen Waddle, Hill, Stephanie V, Daniels, Al Diaz, Justin Fields, Danny Karnik, Okonkwo, Tyrique Stevenson, David Banks, Reuters Rhamondre Stevenson, Jason Mowry, Andrew Van Ginkel, Vincent Carchietta, Rebecca Blackwell, Khalil Shakir, Justin Jones, Jordan Love, Brooke Sutton, São Paulo, South America Kirby Lee, Taylor Swift, Travis Kelce, Reed Hoffmann, Isaiah, Patrick Mahomes scrambles, Charlie Riedel, Sean Payton, Payton, ”, “, Drew Brees, inducting, Brees, Will, Andy Reid, Michael Reaves, Getty, ” Mahomes, “ They’re, CJ Stroud, It’ll, Love, Stacy Revere, ” Stroud, he’s, Malik Willis, Jared Goff, Matt Patterson, Goff, Lamar Jackson, Baker Mayfield Organizations: CNN, New England Patriots, Jacksonville Jaguars, San Francisco 49ers, Seattle Seahawks, AP Detroit Lions, Dallas Cowboys, The Lions, Cowboys, Green Bay Packers, Packers, Arizona Cardinals, Getty Images Denver Broncos, Broncos, Los Angeles Chargers, Denver Post, Getty, Philadelphia Eagles, Cleveland Browns, Eagles, AP Carolina Panthers, Atlanta, Panthers, Getty Images Chicago Bears, Tottenham Hotspur, USA, Sports, Reuters New, Reuters New Orleans Saints, Kansas City Chiefs, Chiefs, Saints, AP Minnesota Vikings, New York Jets, Vikings, AP Buffalo Bills, Bills, Houston Texans, AP Jacksonville Jaguars, Indianapolis Colts, Jaguars, Los Angeles Rams, AP Indianapolis Colts, Reuters Houston Texans, Buffalo Bills, AP San Francisco 49ers, Deommodore, Cardinals, 49ers, Las Vegas Raiders, Minnesota Vikings, Cincinnati Bengals, Bengals, Getty Images Houston Texans, Jacksonville, Texans, AP New York Giants, Giants, Reuters, Getty Images Pittsburgh Steelers, Steelers, Getty Images Minnesota Vikings, Tennessee Titans, AP Dallas Cowboys, Baltimore Ravens, The Jets, Reuters Atlanta Falcons, AP Kansas City Chiefs, Super Bowl, Reuters San Francisco 49ers, AP New Orleans Saints, Reuters Miami Dolphins, Reuters New York Jets, AP Los Angeles Chargers, Shutterstock Dallas Cowboys, NFL, Reuters Washington, Tampa Bay Buccaneers, Buccaneers, Dade Police, Miami Herald, Tribune, Service, Atlanta Falcons, Falcons, AP Tennessee Titans, Chicago Bears, Titans, Bears, Patriots, New York Giants, São Paulo, The Eagles, Neo, AP Baltimore Ravens, Arrowhead, New, New Orleans Saints, Denver Broncos, Saints Hall of Fame, Kansas City, Super, Lambeau, Ohio State, Green, Georgia, Penn State, ”, Stroud, Lambeau Field, NFC, Detroit Lions, Lions, Detroit, The Detroit Lions, Dallas, Disney, Tampa Bay, Miami Dolphins, Vegas Raiders, Carolina Panthers, Washington, Pittsburgh Steelers Locations: London, Seattle, Arlington , Texas, Green Bay , Wisconsin, Denver, Philadelphia, Charlotte , North Carolina, Reuters New Orleans, Kansas City , Missouri, Houston, Jacksonville , Florida, Inglewood , California, Santa Clara , California, Glendale , Arizona, East Rutherford , New Jersey, Orchard Park , New York, Pittsburgh, Minneapolis, Nashville, Miami Gardens , Florida, Cleveland, Tampa , Florida, Miami, Atlanta, Chicago, Cincinnati, São, South America, New Orleans, Arrowhead Stadium, Green Bay, Penn

☆ Bank bosses aren't worried about lower interest rates — and even see some upside
▼ + stars: | 2024-10-17 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +5 min

Wall Street's biggest banks face a less profitable lending environment as interest rates fall. Bank bosses shrugged off those concerns this week and pointed to several benefits of lower rates. AdvertisementLending threatens to become far less lucrative for Wall Street's biggest banks as interest rates fall. But he said the Fed's jumbo rate cut might have sparked more activity in debt capital markets recently. AdvertisementCEO David Solomon said the Fed's first rate cut has raised hopes of avoiding a US recession, which could translate into more economic activity.

Persons: shrugged, —, Alistair Borthwick, Banks, Jane Fraser, Fraser, Mark Mason, Wells, Charles Scharf, Wells Fargo, Morgan Stanley, Sharon Leshaya, Citi's Fraser, Jeremy Barnum, Barnum, Goldman Sachs, David Solomon, BoA, Goldman Organizations: Bank, Service, Wall, Federal Reserve, Bank of America, Citigroup, Citi Locations: refi

☆ Here's why the U.S. retirement system isn't among the world's best
▼ + stars: | 2024-10-16 | by ( Greg Iacurci | ) www.cnbc.com time to read: +3 min

"I think [a C+ grade] would describe a rating where there is a lot of room for improvement," said Christine Mahoney, global retirement leader at Mercer, a consulting firm. 29 out of 48 global pension systems in 2024, according to the annual Mercer CFA Institute Global Pension Index , released Tuesday. The U.S. system is often referred to as a three-legged stool, consisting of Social Security, workplace retirement plans and individual savings. Employers aren't required to offer a retirement plan like a pension or 401(k) plan to workers. American workers can withdraw their 401(k) savings when they switch jobs, for example.

Persons: Christine Mahoney, doesn't, Mercer, Mahoney, it's, Graham Pearce, Pearce, David Blanchett Organizations: Mercer, Natixis Investment Management, U.S, Mercer CFA, Global, Social Security, Employers, U.S . Bureau of Labor Statistics, Finance, Research Locations: Netherlands, Iceland, Denmark, Israel, Mercer, Singapore, Australia, Finland, Norway, U.S

You can check your first bag free on Delta flights, saving up to $70 on a round-trip Delta flight per person. The exceptions are flights to South America, as well as transatlantic and transpacific flights, which allow a carry-on bag. Spirit AirlinesFees for checked and carry-on baggageSpirit charges varying fees for checked bags and carry-on bags. Opt for a carry-on bag whenever possible, as most airlines allow at least one free carry-on bag. Oversized bags: Fees for oversized bags depend on the bag's dimensions.

Persons: aren't, Doesn't, stow, Miles, it's, Harlan Vaughn Harlan Vaughn, he’s, Harlan, Read Organizations: Business Insider, Citi, Mastercard, JetBlue, Alaska Airlines, U.S . Airlines, American Airlines, U.S, U.S ., Airlines, Delta Airlines, United, New Zealand, Delta, Express Card, U.S . Supermarkets, PayPal, United Airlines, United ®, United Club, ℠, FDIC, Southwest Airlines, Southwest ®, Rapid, Southwest, Rapid Rewards, JetBlue Plus, Card, Alaska, Spirit Airlines, Chase, American Express, Frontier Airlines, Frontier, American, Citi ® Locations: Puerto Rico, U.S, U.S . Virgin, Canada, Caribbean, Mexico, Central America, Guyana, Cuba, North America, South America, China, Japan, South Korea, Hong Kong, India, New Zealand, Europe, Israel, Qatar, Australia, Suriname, Panama, San Pedro Sula, Honduras, San Salvador, El, North, South, North Africa, South Africa, Emirates, New, Brazil, East, Africa, Asia, Central, delta.com, Delta, California , Idaho , Oregon, Washington, Dallas , Texas

☆ I tested Uber's new $18 airport shuttle service in New York City, and it's a game changer
▼ + stars: | 2024-10-15 | by ( Priyanka Rajput | ) www.businessinsider.com time to read: +3 min

Uber launched an $18 shuttle service from Midtown Manhattan to LaGuardia Airport. I tried the service to and from the airport and have already reserved my next ride for Thanksgiving. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Last week, Uber announced the launch of a new $18 shuttle service from three Manhattan locations to LaGuardia Airport and back starting October 8. To test the new service, I took a shuttle from Penn Station to LaGuardia's Terminal C and returned from the airport to Port Authority.

Persons: Uber, —, who've, Camiel Irving, Uber's Organizations: LaGuardia Airport, Service, Port Authority of New, Future Market, Wall, Penn Station, Port Authority Locations: Midtown Manhattan, New York City, LaGuardia, Manhattan, Port Authority of New York, New Jersey, Queens, Canada, Port

☆ Flexport CEO Ryan Petersen talks holiday shopping and supply chain
▼ + stars: | 2024-10-14 | 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 EmailFlexport CEO Ryan Petersen talks holiday shopping and supply chainRyan Petersen, Flexport CEO, joins 'Closing Bell Overtime' to talk how supply chains and ports will fare in the upcoming holiday shopping season.

Persons: Ryan Petersen

☆ Singaporeans are used to paying less than $5 for a meal. This 30-year-old chef charges double, and diners keep coming.
▼ + stars: | 2024-10-14 | by ( Erin Liam | ) www.businessinsider.com time to read: +9 min

She went on to open a hawker stall selling prawn noodles, which later expanded into a casual eatery. When Dave Pynt, the chef-owner of Australian-inspired barbecue restaurant Burnt Ends, visited her school for a guest lecture on wood-fire cooking, she was intrigued. Shifting the focus to local cuisineA bowl of prawn noodles costs between SG$14 to SG$20 at Zhup Zhup. A hawker stall seemed like the perfect sandbox to test her ideas without spending a lot on overhead costs. The challenges of running a hawker businessThree years in, the hawker stall had just managed to earn back its capital.

Persons: Gwyneth Ang, Ang, —, she's, Erin Liam, Dave Pynt, hawker, Erin Liam So, pao, Darren Ang, Pynt, Erin Liam Singapore's, Teo Kay Key, Cherry Tan, Shanice Lim, nasi, Lim Organizations: Michelin, Service, Business, Culinary Institute of America, hawker, Department of Statistics, Institute of Policy Studies, National University of Singapore, Singapore Airlines Locations: Singapore, New Bahru, hawker, Macpherson, Pynt

☆ A Professor Made Porn. His Firing May Shape the Future of Free Speech
▼ + stars: | 2024-10-13 | by ( Hallie Lieberman | ) www.businessinsider.com time to read: +13 min

Can a tenured professor be fired for making porn? "We don't want to be known as Porn U," said Betsy Morgan, who replaced Gow as interim chancellor. Leitner presented Gow's videos as part of his broader advocacy of nonmonogamy. The regents, Gow said, "are willing to fire me for the short-term goodwill they get with the far right." He puts Gow's online porn in the same category as "posting inflammatory personal, political opinions on social media."

Persons: Joe Gow, Carmen Wilson, —, Gow, Wilson, It's, Zach Greenberg, Betsy Morgan, Morgan, Tom Ginsburg, He's, Gow's, Wade Harrison, Roe, Donald Downs, Simone Lueck, undergrads, Harrison, Jay Hart —, Tom, Jerry Bui, Bui, unswayed, Mark Leitner, Leitner, Banner, Keith Whittington Harrison, Dr, Aweek, he's, Keith Whittington, they've, McCarthy Organizations: University of Wisconsin, UW, La, Foundation, Rights, Forum, Free, University of Chicago, Diego, Republican, Academia, Yale, Freedom Alliance, University Locations: La Crosse, Mississippi, America, Wisconsin, Onalaska, San Diego, foreplay, Madison, Milwaukee, Yale

☆ Airlines are building 'business-class-lite' to generate more revenue and increase demand for the luxe seats
▼ + stars: | 2024-10-11 | by ( Taylor Rains | Benjamin Zhang | ) www.businessinsider.com time to read: +5 min

"Business Light" fares are cheaper but can lack perks like lounge access or early seat selection. In recent years, international airlines such as Air France, KLM, Emirates, Finnair, and Qatar Airways have launched discounted "Business Light" tickets. AdvertisementFor airlines, the business light strategy can help further stoke demand to fill the front of the plane and generate additional revenue. Those traveling on a Finnair Business Light ticket will also have to pay extra for checked luggage. AdvertisementScreenshot of Emirates' various business class fares on a one-way flight from New York to Dubai in February.

Persons: —, Glen Hauenstein, Henry Harteveldt, Harteveldt Organizations: Service, Air France, KLM, Qatar Airways, Delta Air Lines, Delta, Qatar Airways's, Emirates Locations: Delta, Emirates, Qatar, New York, Dubai

☆ I supercommute over 7 hours to get to work. I won't move out of NYC and the journey is productive and relaxing.
▼ + stars: | 2024-10-10 | by ( Jen Glantz | ) www.businessinsider.com time to read: +6 min

His weekly commute costs $110, but he values the productivity and low stress of train travel. AdvertisementI leave my apartment at 7:30 a.m. and walk to the subway station. AdvertisementThe one-way taxi ride in the morning from the New London train station to campus plus tip costs $10. AdvertisementPlus, I don't have to worry about road rage, construction, traffic jams, or dangerous drivers on the way to work. The freedom you'll have if you don't have to get behind the wheel can make the entire experience relaxing and productive.

Persons: Jeff Strabone, Strabone, —, I've, I'm, they're, Lauryn Haas Organizations: Connecticut College, Service, Penn Station, Penn, Amtrak, Amtrak doesn't, lhaas Locations: Brooklyn, Brooklyn , New York, New London , Connecticut, New York City, Cobble Hill, New London

☆ NFL Week 6 preview: Five things to watch out for
▼ + stars: | 2024-10-10 | by ( Andy Scholes | Ben Morse | ) edition.cnn.com time to read: +20 min

Brad Penner/USA Today Sports/Reuters Damar Hamlin of the Buffalo Bills celebrates an interception during the second quarter against the Jacksonville Jaguars in Orchard Park, New York, on Monday, September 23. Bryan M. Bennett/Getty Images Minnesota Vikings quarterback Sam Darnold throws the ball to tight end Johnny Mundt in Minneapolis on Sunday, September 22. Caroline Brehman/EPA-EFE/Shutterstock Dallas Cowboys quarterback Dak Prescott celebrates after a touchdown during the Cowboys' 33-17 victory over the Cleveland Browns in Cleveland on September 8. Ken Blaze/USA Today Sports/Reuters Washington Commanders running back Brian Robinson Jr. breaks a tackle from Tampa Bay Buccaneers linebacker K.J. David Banks/USA Today Sports/Reuters Rhamondre Stevenson of the New England Patriots runs the ball against Cincinnati Bengals defenders in Cincinnati on September 8.

Persons: Camryn Bynum, Steve Luciano, Keon Coleman, Eric Gay, Trevor Lawrence, David Rosenblum, Daniel Whelan, Gregory Bull, Trey Sermon, Nathan Ray Seebeck, Ka'imi Fairbairn, Deommodore Lenoir, Ezra Shaw, Riley Moss, Cooper Neill, Aaron Rodgers, Rodgers, Zac Goodwin, Jayden Daniels, Christian Petersen, Tremon Smith, Greg Zuerlein, Seth Wenig, Ja'Tavion Sanders, Germaine Pratt, Grant Halverson, Eric Murray, George Kittle, Jed Jacobsohn, Darius Slayton, Eric Kendricks, Brad Penner, Reuters Damar Hamlin, Bryan M, Bennett, Sam Darnold, Johnny Mundt, Stephen Maturen, Calvin Austin III, Brandon Sloter, John Amis, Aaron Jones, Stacy Bengs, Dak Prescotts, Allen Lazard, Alex Austin, Darnell Mooney, Matt Slocum, Patrick Mahomes, Dax Hill, Jay Biggerstaff, Deebo Samuel Sr, Ivan Pace Jr, Abbie Parr, Alvin Kamara, Kamara, Tim Heitman, Tua Tagovailoa, Tagovailoa, Jasen, Caroline Brehman, Shutterstock, Dak Prescott, Prescott, Ken Blaze, Brian Robinson Jr, K.J, Britt, Jaylen Waddle, Hill, Stephanie V, Daniels, Al Diaz, Justin Fields, Danny Karnik, Okonkwo, Tyrique Stevenson, David Banks, Reuters Rhamondre Stevenson, Jason Mowry, Andrew Van Ginkel, Vincent Carchietta, Rebecca Blackwell, Khalil Shakir, Justin Jones, Jordan Love, Brooke Sutton, São Paulo, South America Kirby Lee, Taylor Swift, Travis Kelce, Reed Hoffmann, Isaiah, Ed Zurga, Patrick Mahomes scrambles, Charlie Riedel, It’s, Tom Brady, Kyle Shanahan, ” Shanahan, “, it’s, Baltimore’s, Dan Quinn, Nick Wass, Joe Burrow, Lamar Jackson, Jackson, John Harbaugh, They’ve, Cam Newton, Brian Hoyer, Mac Jones, Bailey Zappe, Jacoby Brissett, Drake Maye, Caleb Williams, Bo Nix, Al Bello, Jerod Mayo, ” Mayo, Dallas, Jared Goff, isn’t, we’ll, ” Goff, Joe Sargent, Micah Parsons, Dan Campbell, Parsons, ” Campbell, he’s, Robert Saleh, Woody Johnson, Saleh, ” Johnson, Jeff Ulbrich, that’s, Aaron Rogers Organizations: CNN, Jets, Vikings, Cowboys, Steelers, Bears, Jaguars, Tottenham Hotspur, Minnesota Vikings, New York Jets, AP Buffalo Bills, Bills, Houston Texans, AP Jacksonville Jaguars, Indianapolis Colts, Green Bay Packers, Los Angeles Rams, Packers, AP Indianapolis Colts, Jacksonville Jaguars, USA, Sports, Reuters Houston Texans, Buffalo Bills, AP San Francisco 49ers, Deommodore, Arizona Cardinals, Cardinals, 49ers, Getty Images Denver Broncos, Broncos, Las Vegas Raiders, AP Carolina Panthers, Cincinnati Bengals, Bengals, Panthers, Getty Images Houston Texans, Jacksonville, Texans, New England Patriots, AP New York Giants, Dallas Cowboys, Giants, Reuters, Getty Images Minnesota Vikings, Getty Images Pittsburgh Steelers, Los Angeles Chargers, Tennessee Titans, AP Minnesota Vikings, AP Dallas Cowboys, Baltimore Ravens, The Jets, Reuters Atlanta Falcons, Philadelphia Eagles, AP Kansas City Chiefs, Chiefs, Super Bowl, Reuters San Francisco 49ers, AP New Orleans Saints, Reuters Miami Dolphins, Reuters New York Jets, San Francisco 49ers, AP Los Angeles Chargers, Shutterstock Dallas Cowboys, Cleveland Browns, NFL, Reuters Washington, Tampa Bay Buccaneers, Buccaneers, Dade Police, Miami Herald, Tribune, Service, Atlanta Falcons, Falcons, AP Tennessee Titans, Chicago Bears, Titans, Patriots, New York Giants, São Paulo, The Eagles, Getty, Neo, Kansas City Chiefs, AP Baltimore Ravens, Arrowhead, Sunday, Eagles, Rams, Seahawks, San, Niners, NFC West, Seattle, Ravens, T Bank, NFC East, Baltimore’s, Cincinnati, Maye, Brissett, Lions, Dallas, The Cowboys, T, Detroit, Football Locations: London, Houston, Jacksonville , Florida, Inglewood , California, Santa Clara , California, Denver, Glendale , Arizona, East Rutherford , New Jersey, Charlotte , North Carolina, Orchard Park , New York, Minneapolis, Pittsburgh, Nashville, Arlington , Texas, Philadelphia, Kansas City , Missouri, Miami Gardens , Florida, Cleveland, Tampa , Florida, Miami, Atlanta, Chicago, Cincinnati, São, South America, San Francisco, “, Detroit, New York

As the Federal Reserve cuts interest rates, investors should review their bond portfolio, which could see a boost from dovish Fed policy. Typically, bond prices and market interest rates move in opposite directions. While it may be tempting to cling to cash, it will become “less attractive, less productive as interest rates fall,” Ward said. Many corporations leveraged rock-bottom interest rates during the pandemic to strengthen balance sheets and refinance debt, said Ward. As interest rates fall, those longer-maturity bonds should reward investors, experts say.

Persons: ”, Scott Ward, ” Ward, Ted Jenkin, Ward, “, Jenkin Organizations: Federal Reserve, dovish Fed, Fed, Morningstar, Bond, CNBC’s Locations: Birmingham , Alabama, Atlanta, “

Less than a fifth of large companies in the United States include coverage for the popular but pricey weight loss drugs Wegovy and Zepbound in their health insurance plans, according to a survey published Wednesday in Health Affairs. “They’re trying to figure out what is the right balance between the advantages to employees, potential health benefits and the cost of these drugs. The survey found that about half of employers that cover the weight loss drugs have certain requirements associated with their coverage, which Rae said would limit access for some employees but save money. Among large firms that don’t currently cover GLP-1 drugs for weight loss, only about 3% said they’re “very likely” to do so in the next year. Despite the exorbitant cost, employers do have a positive view of the drugs.

Persons: Wegovy, ”, Matthew Rae, “ They’re, —, Rae, Susan Spratt, Christopher McGowan, Eli Lilly, ” McGowan, “, ” Rae, you’ve, that’s, don’t, they’re Organizations: Health Affairs, “ Employers, Population Health Management, Duke Health, Centers for Disease Control, Novo Nordisk, Research, North Carolina, ” Novo Nordisk Locations: United States, KFF, North Carolina, U.S, Novo

☆ Airlines are waiving cancellation fees and capping fares for Florida travelers during Hurricane Milton
▼ + stars: | 2024-10-09 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +3 min

Major airlines said they were waiving change fees due to Hurricane Milton's impact on Florida. AdvertisementAs the travel industry prepares for Hurricane Milton, which is expected to make landfall in Florida on Wednesday, major airlines are offering to waive cancellation fees for travelers whose plans could be impacted. Four of the biggest airlines — United, American Airlines, Delta, and Southwest — said they are offering passengers options to cancel or reschedule their flights without penalty. The airline said it was waiving change fees for customers who were scheduled to fly through 12 Florida airports from October 8 through 10. DeltaDelta said it was waiving fare differences for passengers who planned to travel through nine Florida airports from October 7 to 10.

Persons: —, Hurricane Milton, Southwest —, Pete Buttigieg, United, Delta Organizations: Service, Hurricane, — United, American Airlines, Transportation, United, Florida, . American Airlines American, Delta, Southwest Locations: Florida, United, Southwest, Delta, Milton, Tampa, Orlando, Miami, Fort Myers, Sarasota

☆ The 10 least valuable college degrees—only 1 helps grads earn more than $50,000
▼ + stars: | 2024-10-08 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +4 min

A college degree can help you financially get ahead, compared to a high school diploma alone. Bankrate looked at median salaries among workers and job seekers with at least a bachelor's degree, along with unemployment rates and advanced degree rates, to rank the most and least valuable college degrees. Here are the 10 least valuable college degrees in 2024, according to Bankrate:1. People with bachelor's degrees in less-common foreign languages have a slightly lower unemployment rate, but nearly half (45%) of these grads have advanced degrees. That data suggests an advanced degree — and the years of school required to to earn it — may be needed to to fare better financially in those careers.

Persons: Bankrate, Get Organizations: National Center for Education Statistics, Survey, —, New York Fed, Communications, CNBC Locations: New York

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