DIRS.INFO The most relevant business & tech news

☆ A 43-year-old who poured everything into becoming a millionaire shares the realization that made him stop 'obsessing' over his wealth — and why he's much happier now
▼ + stars: | 2023-12-03 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +6 min

Don, 43, is a self-made millionaire who used to place immense pressure on himself to earn more money. He's now focusing on other things in his life, like his kids, that bring him more happiness than wealth ever could. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Advertisement'You need the humility that it can be taken away from you'Don said his upbringing largely influenced the way he now thinks about money and wealth. "So what are those things that you do have in your life that money can't measure?

Persons: Don, —, he's, it's, That's Organizations: Service, Federal, New York Federal, Suffolk University Sawyer Business School, USA

☆ How some of 2023's biggest AI winners have fared a year after ChatGPT's launch
▼ + stars: | 2023-12-02 | by ( Samantha Subin | ) www.cnbc.com time to read: +5 min

Within two months of ChatGPT's launch, the groundbreaking chatbot amassed 100 million users, wowing investors, consumers and Wall Street with its ability to compose human-like text and hold a conversation. A year later, Wall Street hasn't stopped obsessing over it. Megacap technology stocks also prospered amid the newfound investor focus on AI. MSFT 1Y mountain Microsoft shares over the last year Rounding out the megacap list, both Meta Platforms and Amazon have rallied more than 177% and 51%, respectively. Salesforce shares surged more than 9% during Thursday's session on the back of a stronger-than-expected quarterly print .

Persons: –, hasn't, Alphabet, Mark Zuckerberg, Andy Jassy, Salesforce, Brent Thill, CNBC's, Snowflake's, ChatGPT, Brad Gerstner Organizations: Federal, Nvidia, Devices, Marvell Technology, Microsoft, OpenAI, Meta, Amazon, CNBC, Semiconductor, Oracle, Jefferies, Technologies Locations: Salesforce

Yet according to a raft of polls and surveys, most Americans hold a glum view of the economy. Polls consistently show that most Americans disapprove of Biden's handling of the economy. I hear that from my family.”That's particularly true for some of the goods and services that Americans pay for most frequently: Bread, beef and other groceries, apartment rents and utilities. “Partly because the country is more polarized.”Even so, many Americans, like Charles, are still feeling the pain of inflation. Even if it does, the higher pay may come with a time lag.

Persons: they’re, Joe Biden, Lisa Cook, Cook, ”, Wendy Edelberg, Katherine Charles, Charles, “, ” Charles, Maximus, Eileen Cassidy Rivera, ” Rivera, Karen Dynan, George W, Bush, Obama, Edelberg, ” Edelberg, haven't, Brad Hershbein, Anthony Murphy, Murphy, Aparna Jayashankar, ” Hershbein Organizations: WASHINGTON, Associated Press, NORC, for Public Affairs Research, Federal Reserve's Board of Governors, Duke University, “, Brookings Institution, Medicare, Affordable, Teamsters, Biden, House, Republicans, University of Michigan's, Harvard, Upjohn Institute, Federal Reserve Bank of Dallas Locations: U.S, Tampa , Florida, autoworkers, ”

Some Republicans have been trying to oust state elections administrator Meagan Wolfe, who was in her position during the 2020 election narrowly lost by Trump in Wisconsin. The Senate voted last month to fire Wolfe but later admitted the vote was symbolic and had no legal effect. The Republican president of the Senate has also called on Assembly Speaker Robin Vos to proceed with impeachment. The Assembly can only vote to impeach state officials for corrupt conduct in office or for committing a crime or misdemeanor. “We need to move forward and talk about the issues that matter to most Wisconsinites and that is not, for most Wisconsinites, obsessing about Meagan Wolfe,” Vos said.

Persons: —, Donald Trump, Meagan Wolfe, Wolfe, Robin Vos, Vos, Trump, Janel Brandtjen, ” Vos, Joe Biden Organizations: Republican, Republicans, Trump, Five, GOP lawmaker's Locations: MADISON, Wis, Wisconsin

Oklahoma's Republican Attorney General Gentner Drummond on Friday sued to stop a state board from establishing and funding what would be the nation's first religious public charter school after the board ignored Drummond's warning that it would violate both the state and U.S. constitutions. Drummond filed the lawsuit with the Oklahoma Supreme Court against the Oklahoma Statewide Virtual Charter School Board after three of the board's members this week signed a contract for the St. Isidore of Seville Catholic Virtual Charter School, which is sponsored by the Archdiocese of Oklahoma City. The school board voted 3-2 in June to approve the Catholic Archdiocese's application to establish the online public charter school, which would be open to students across the state in kindergarten through grade 12. A message left Friday with Rebecca Wilkinson, the executive director of the Oklahoma Statewide Virtual Charter School Board, was not immediately returned, although Wilkinson has said previously she wouldn't comment on pending litigation. The National Alliance for Public Charter Schools, a nonprofit organization that supports the public charter school movement, released a statement Friday in support of Drummond's challenge.

Persons: General Gentner Drummond, Drummond, Isidore of, Rebecca Wilkinson, Wilkinson, Isidore, Kevin Stitt, “, Stitt, Stitt's, ” Drummond Organizations: Republican, Oklahoma Supreme, Oklahoma Statewide, Charter School Board, Isidore of Seville Catholic Virtual Charter School, Archdiocese, Oklahoma City, Catholic, Oklahoma's Republican Gov, GOP, Oklahoma, National Alliance for Public Charter Schools Locations: U.S, Isidore of Seville, Oklahoma

☆ Stop Obsessing About Work All the Time
▼ + stars: | 2023-10-08 | by ( Rachel Feintzeig | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/lifestyle/careers/mental-health-work-life-balance-63cb4fcd

Persons: Dow Jones

☆ To fix Britain, Labour will need new debt rules
▼ + stars: | 2023-09-29 | by ( Francesco Guerrera | ) www.reuters.com time to read: +7 min

Having fiscal rules – and sticking to them – is crucial for governments. The Bank of England expects anaemic GDP growth of 0.5% next year and 0.25% in 2025, and long-term growth of just 1%. Reuters Graphics Reuters GraphicsThe Labour leadership is concerned that rewriting debt rules would unsettle bond investors still scarred by Truss’s fiscal follies. What Britain’s next government shouldn’t do is obsess about restrictive fiscal rules at the expense of investments that could get the country out of its current hole. The reports said that Sunak was looking at scrapping the portion of the project linking the northern cities of Manchester and Birmingham because costs have been soaring from the original 55.7 billion pounds to an estimated 106 billion pounds.

Persons: Grant Shapps, Liz Truss, Rishi Sunak, Jeremy Hunt, Hunt, Keir Starmer, Worth ”, Ian Ball, Willem Buiter, John Crompton, Dag Detter, Jacob Soll, Crompton, Breakingviews, PSNW, –, Rachel Reeves, Labour’s, “, Reeves, Britain’s, Sunak, George Hay, Oliver Taslic Organizations: Reuters, Sunday, Sky News, Labour, Conservative, Bank of England, Sunak’s, Worth, Reuters Graphics Reuters, Britain’s, Thomson Locations: Britain, New Zealand, Zealand, Manchester, Birmingham

☆ Tech bros keep obsessing about replacing the 'median human' with AI
▼ + stars: | 2023-09-27 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +5 min

He said: "For me, AGI…is the equivalent of a median human that you could hire as a co-worker." "It's interesting to use the term median human — that's importantly different from average human," Henry Shevlin, an AI ethicist and professor at the University of Cambridge, told Insider. How tech bros are defining this idea of median human intellect is open to question. Traditional measurements for comparing AI and human intelligence have tended to focus on capabilities rather than general intellect. But comparing AI with human intelligence at all can be ethically murky and potentially misleading, according to Mittelstadt.

Persons: Sam Altman, Altman, —, …, It's, you'd, Elizabeth Weil, it's, Brent Mittelstadt, Henry Shevlin, Shevlin, Mittelstadt Organizations: Service, Yorker, Twitter, McKinsey, Oxford Internet Institute, University of Cambridge

CNN —Hunter Biden filed a civil lawsuit Tuesday against Rudy Giuliani and his former attorney, claiming they caused “total annihilation” of his digital privacy and violated federal and state computer privacy laws through their alleged efforts to hack his devices. It comes as Republicans launch an impeachment inquiry into his father, President Joe Biden, that’s also examining Hunter Biden’s business dealings. Earlier this month, Hunter Biden brought a similar civil suit against former Trump White House aide Garrett Ziegler, claiming that since leaving his White House post, Ziegler “has devoted most of his waking time and energy” on the effort to access devices that purportedly belonged to Hunter Biden. And last week, Hunter Biden sued the Internal Revenue Service, alleging its agents illegally released his tax information and that the agency failed to protect his private records. The suit accuses Giuliani and Costello of breaking both federal and California state computer privacy laws and asks for a jury trial in the matter.

Persons: CNN — Hunter Biden, Rudy Giuliani, Hunter Biden, Giuliani, Robert Costello, Plaintiff, Costello, Joe Biden, that’s, Hunter, “, Garrett Ziegler, Ziegler “, Hunter Biden’s, Giuliani “, ’ Organizations: CNN, Trump White House, White, Internal Revenue Service, New, ’ Locations: California, New York

☆ Hunter Biden sues former Trump lawyer Rudy Giuliani over infamous laptop
▼ + stars: | 2023-09-26 | by ( Dan Mangan | ) www.cnbc.com time to read: +3 min

Hunter Biden on Tuesday sued former Trump lawyer Rudy Giuliani, his companies, and another attorney over alleged violations of computer fraud and data access related to a laptop computer Biden is said to have left at a Delaware repair shop. "They also are among those who have been primarily responsible for the 'total annihilation' of Plaintiff's data." Giuliani delivered information allegedly gleaned from Biden's laptop to The New York Post, a right-wing newspaper, in October 2020, a month before the election between Trump and Joe Biden. The Post then published a story based on that data, which suggested that President Biden may have attended a meeting with a representative of a Ukrainian company that employed Hunter. The suit also says Biden's data was "manipulated, altered and damaged" before it was copied and sent to Giuliani and Costello.

Persons: Hunter Biden, Joe Biden, Rudy Giuliani, Biden, Giuliani, Donald Trump, Hunter, Hunter Biden's, Robert Costello, Plaintiff's, Costello, John Paul Mac Isaac, Rather, Mac Isaac, Plaintiff Organizations: Trump, Republican, New, Democratic, GOP, Giuliani Locations: Wilmington , Delaware, Delaware, Los Angeles, New York, Ukrainian

WASHINGTON (AP) — Hunter Biden sued Rudy Giuliani and another attorney Tuesday, saying the two wrongly accessed and shared his personal data after obtaining it from the owner of a Delaware computer repair shop. The suit filed in California also claims Biden’s data was “manipulated, altered and damaged” before it was sent to Giuliani and Costello, and has been further altered since then. House Republicans, meanwhile, have continued to investigate every aspect of Hunter Biden's business dealings and sought to tie them to his father, the president, as part of an impeachment inquiry. Hunter Biden, meanwhile, after remaining silent as the images are splayed across the country, has changed his tactic, and his allies have signaled there's more to come. Giuliani provided the information to a reporter at the New York Post, which first wrote about the laptop, Biden's attorney said in a letter pushing for a federal investigation.

Persons: — Hunter Biden, Rudy Giuliani, Hunter Biden, Donald Trump, Joe Biden, Giuliani, Robert Costello, Costello, Ted Goodman, Hunter, ”, Biden doesn’t, he's, Trump, Biden, Eric Tucker Organizations: WASHINGTON, Republican, Giuliani, New, New York City, Associated Press, Department, Trump, House Republicans, New York Post Locations: Delaware, California, New York, Wilmington

☆ Hunter Biden accuses Rudy Giuliani and Giuliani's ex-lawyer of hacking and tampering with his data and causing the 'total annihilation' of his digital privacy in new lawsuit
▼ + stars: | 2023-09-26 | by ( Sonam Sheth | ) www.businessinsider.com time to read: +2 min

Hunter Biden sued Rudy Giuliani and Giuliani's former lawyer, Bob Costello, in a new civil lawsuit. The suit alleges that they hacked Biden's devices and tampered with his data, causing the "total annihilation" of his digital privacy. It's Biden's latest legal salvo against those he accuses of trying to get access to his data for political purposes. AdvertisementAdvertisementHunter Biden sued Rudy Giuliani and his former lawyer on Tuesday, alleging that they hacked his devices and tampered with his data, causing the "total annihilation" of his digital privacy. Biden has accused Giuliani, Costello, and several entities owned by Giuliani of violating the federal Computer Fraud and Abuse Act.

Persons: Hunter Biden, Rudy Giuliani, Bob Costello, —, Plaintiff's, Biden, Giuliani, Costello, Garrett Ziegler, Ziegler Organizations: Service, Computer Fraud, Trump White House, White

☆ Stop Obsessing About Having the Perfect Career Plan
▼ + stars: | 2023-09-18 | by ( Rachel Feintzeig | ) www.wsj.com time to read: 1 min

Persons: Dow Jones

☆ Multiple crises batter Washington and set up a fateful 2024 election
▼ + stars: | 2023-09-18 | by ( Stephen Collinson | ) edition.cnn.com time to read: +12 min

The octogenarian president is increasingly coming under scrutiny over his ability to serve a full second term if he wins in November 2024. But the trauma seizing Washington will soon intrude, transfixing the nation in a tumultuous 2024 election. The turmoil in the Republican Party is creating the kind of dysfunction and extremism that could turn off general election voters next year. In more placid times, the auto strike would be a dominant national issue defining a fraught political moment. But it’s just one of many crises threatening to overwhelm a political system that appears on the verge of a serious malfunction.

Persons: Donald Trump, Joe Biden’s, – Trump, Biden, Hunter’s, Kevin McCarthy, It’s, Washington’s, Volodymyr Zelensky, Trump, Zelensky, Vladimir Putin “, – Biden, tailgated, ”, McCarthy, Matt Gaetz, “, Kevin, ” Gaetz, demagogue, Jack Smith, Tanya Chutkan, David Weiss, Hunter Biden, Trump’s, Hunter, –, David Ignatius, Kamala Harris, it’s Organizations: CNN, Republicans, White, Republican, Trump Republicans, Senate, GOP, Hollywood, Press, NBC, Caucus, Florida GOP, Sunday, Fox News . House Republicans, Republican Party, Trump, United Auto Workers, Big Three, Biden Locations: American, China, Ukraine, Washington, Russian, Rosh

☆ Opinion | What Obesity Drugs and Antidepressants Have in Common
▼ + stars: | 2023-09-09 | by ( Aaron E. Carroll | ) www.nytimes.com time to read: +1 min

It led to a lower quality of life and mental health issues and probably contributed to his death a few years ago. Despite all the advances in science, we don’t know why some people, even when they try desperately, can’t seem to lose weight. I begged my father, who was also a physician, to lose weight, and he never could. I became so disheartened at my inability to affect my weight that it harmed my mental health. My mental health, and even my temperament, improved so much that my whole family rejoiced.

Persons: I’m

☆ Opinion: Charlize Theron is right. Stop obsessing about your face
▼ + stars: | 2023-08-24 | by ( Holly Thomas | ) edition.cnn.com time to read: +6 min

“People think I had a facelift,” complained Charlize Theron, the star of “Monster,” “Mad Max: Fury Road” and “Fast X” in a recent interview for Allure magazine. “They’re like, ‘What did she do to her face?’ I’m like, ‘B***h, I’m just aging! It’s one thing to want a new nose, another to want to look like yourself 10 or 15 years ago. Whereas we can only assume the inspiration for someone’s redesigned features, the template for our “younger” face is right there, in our old Instagram photos and Facebook albums — or in Theron’s case, in paparazzi shots dating back several decades. What we do with our time, as opposed to how we look while we’re doing it, is the point.

Persons: Holly Thomas, Katie Couric, ” Holly Thomas Holly Thomas, “ You’ve, you’ve, Bryan Johnson, TikTokers, That’s, ”, Charlize Theron, Max, “, someone’s, Theron, Johnson, I’ve, Peter Pan, Theron’s Organizations: Katie Couric Media, CNN, Allure, Twitter, Facebook Locations: London

☆ Investor who studied at Harvard's 'Happiness Lab' shares the No. 1 thing that 'actually drives happiness'—it isn't money
▼ + stars: | 2023-08-23 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +3 min

Alexa von Tobel learned at Harvard University that money doesn't buy happiness. But despite her own financial success, von Tobel, 39, says she's derived the most happiness throughout her career from "the intangibles that money can't buy." "Through my time at Harvard's Happiness Lab during my undergrad years, I really gained a new perspective on what drives happiness," von Tobel tells CNBC Make It, adding: "What actually drives happiness are the simple routines and the daily rituals in our lives that create community and connectedness." In college, von Tobel earned Magna Cum Laude honors for a senior thesis on happiness in the small country of Bhutan, according to her LinkedIn profile. "The daily effort drives happiness, not the outcome," says von Tobel.

Persons: Alexa von Tobel, She's, von Tobel, she's, Von Tobel, Tal Ben, Shahar, Shawn Achor, It's, Warren Buffett Organizations: Harvard University, Northwestern Mutual, Harvard, CNBC, Magna Cum Laude Locations: Bhutan, LearnVest

☆ A 33-year-old who built up a 6-figure net worth through 'lazy investing' says even though 2022 was a 'a decidedly bad year for investors,' he didn't change his investment strategy. Here's what his por
▼ + stars: | 2023-08-20 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +5 min

After paying off $42,000 worth of debt, he got serious about investing and built up a six-figure net worth through "lazy investing" while saving for his first home simultaneously. He reacted to the 2022 downturn similarly to how he did when the stock market crashed in 2020: apathetically. These are Vanguard, Fidelity, and Schwab's total stock market index funds. Another component of the lazy investing strategy is periodic rebalancing. It probably shouldn't be any more than four times a year because then the 'lazy investing' turns a bit too hands on."

Persons: Jesse Cramer, Berkshire Hathaway, Cramer, haven't, I'm, hasn't, they're, Cramer rebalances, it's, Berkshire Hathaway Cramer doesn't, Warren Buffett, Charlie Munger, Hathaway, I'd Organizations: Berkshire, Vanguard, Fidelity Locations: Berkshire

☆ A psychotherapist shares 3 exercises she uses to stop 'obsessing' over what other people think
▼ + stars: | 2023-08-16 | by ( Jenny Maenpaa | ) www.cnbc.com time to read: +2 min

These are some of the most common signs of general social anxiety:As a psychotherapist, I help many people tackle social stress. If you're overly consumed about how you're perceived, it could be a sign of social anxiety disorder or social phobia. We all care about what other people think of us to an extent, but it's possible to care too much. If you listen to yourself, you're going to start operating from that assumption. You're going to start avoiding her, and then she might start having ill feelings towards you.

Persons: isn't, weren't, I've, what's, Jenny Maenpaa

☆ They had a teenage summer romance. Here’s what happened when they reunited years later
▼ + stars: | 2023-08-12 | by ( Francesca Street | ) edition.cnn.com time to read: +20 min

The summer Andrea first crossed paths with Lewis Kelly. He seemed aloof, “a loner,” as Andrea thought back then. When Andrea didn’t hear from him, she assumed he’d forgotten about her. “We’re so cute.”Then, as the date of his arrival got ever closer, Andrea started doubting herself. “I just want to make it work and be with you.”At this, Andrea started crying.

Persons: Andrea Camila, Andrea, Lewis Kelly, Lewis, –, She’d, ” Andrea, Niall, ’, Direction’s Niall Horan, ”, daydreaming, “, ” Lewis, “ Andrea, wasn’t, Andrea giggled, ’ ”, he’d, she’d, Imani Lee, Andrea didn’t, Lewis “, I’m, wouldn’t, It’s, hadn’t, We’re, ’ ” Andrea, Lewis didn’t, they’d messaged, Andrea messaged, they’d, They’d, it’s, he’s, sobs, “ We’re, Lewis wasn’t, “ They’d, didn’t, let’s, Andrea welled, “ It’s, Lewis Kelly “ Organizations: CNN, Sunshine State, CNN Travel, Facebook, Skype, Dublin City University, YouTube, Imani Lee Creative Locations: Clearwater Beach , Florida, Florida, Puerto Rico, Ireland, Europe, TikTok, Mexican

Yeah, you’re going to need one of those fancy pizza ovens to replicate this in your home. I think right now, every media company in the world is trying to figure out what replaces Twitter. And they say, you’re going to about to make the easiest money you’ve ever made in your entire life. You’re going to have more people beating a path down your door than you thought was possible. We now have Ubers that are so — I don’t know if you’ve looked at your Uber receipts recently.

Persons: kevin roose I’m, casey newton, kevin roose, casey newton They’re, kevin roose Gang, casey newton Oh, let’s, Kevin Roose, ” casey newton, Casey Newton, —, Casey, casey newton Mhmm, it’s, kevin roose I’d, you’re, you’ve, — casey newton, Sam Altman, casey newton Isn’t, that’s, Silly Putty, I’m, casey newton Well, Kevin, what’s, kevin roose Totally, casey newton I’ll, Unobtainium, James Cameron, You’ve, Meissner, we’re, There’s, they’re, casey newton Here’s, Twitch, kevin roose There’s, Iris_IGB, she’s, there’s, casey newton There’s, Russia she’s, I’ve, They’ve, hasn’t, ChatGPT, Claude, They’re, hydroxychloroquine, Joe Rogan, Bravo, “ Fortnite, casey newton That’s, we’ve, casey newton Kevin, India Venom, Lydia Tár, we’ll, don’t, casey newton Sure, ”, Joe Biden, casey newton I’m, casey newton Mike Masnick, he’s, Mike, — casey newton Look, who’d, It’s, HatGPT, kevin roose —, casey newton We’re, Rupert Murdaugh, Beast, James Donaldson, Jimmy Donaldson, a.k.a, Beast — casey newton James, Uber, Beast Burger, Burger, We’re, Meta, Abraham Lincoln, Facebook — Abraham Lincoln, casey newton It’s, kevin roose Oh, Abraham —, roose, casey newton Greg Rutkowski, Greg Rutkowski, Greg Rutkowski’s, Greg, You’re, casey newton Wow, Elon Musk, San Francisco NIMBYs, Don’t, kevin roose It’s, you’re Uber Organizations: Mmm, casey newton Mmm, The New York Times, Quantum Energy Research Center, collider, Twitter, Capitol, Federal Trade Commission, Netflix, Heritage Foundation, Republican, Democrats, Republicans, California, Tax, Facebook, YouTube, HatGPT, BBC, WordPress, Health Department, Financial Times, Ford Theater, ” Workers, San, Wall Street Locations: Seoul, Russian, Russia, India, KOSA, SESTA, The, Kashmir, tooting, Washington, San Francisco, Ha, Canada

☆ I worked as a content strategist for one of the biggest YouTubers in the world. It was the job of my dreams, but it took a toll on my mental health.
▼ + stars: | 2023-08-04 | by ( Marta Biino | ) www.businessinsider.com time to read: +6 min

Bryan Grimaldi worked as a content strategist for the YouTube company TBNR. He got the job while he was in college and worked there full-time for nearly two years. This as-told-to essay is based on a conversation with Bryan Grimaldi, a 22-year-old YouTube-content strategist from Los Angeles. TBNR was looking for someone who was not just there to do the day job, but to give it everything they had. Even after three years in the space, I know I'm still young, and I want to continue learning and working as a strategist.

Persons: Bryan Grimaldi, Preston Arsement, Preston, TBNR, —, They're, they're, Madison Hoinka, health.I, I've Organizations: YouTube, Hollywood Locations: Los Angeles, Dallas, TBNR, That's

☆ An L.A. Diner That’s Been Obsessing Over Its Burgers and Pies Since 1947
▼ + stars: | 2023-08-03 | by ( Rico Gagliano | ) www.nytimes.com time to read: 1 min

As a companion to T’s 212 series about New York institutions, the 213 column highlights beloved landmarks in and around Los Angeles. Los Angeles is the promise of speed denied. A city that teases the possibility of instant stardom, yet it can take years to land a SAG card. Los Angeles is the birthplace of In-N-Out Burger — its very name auguring swift satisfaction — where the drive-through lines stretch to infinity. And top of the list for me is the Apple Pan, established in 1947.

Organizations: Los Angeles ., SAG, Apple Locations: New York, Los Angeles, Los Angeles . Los Angeles, It’s, Angeles

☆ The U.S. Economy’s Lost Decade - The New York Times
▼ + stars: | 2023-08-01 | by ( Paul Krugman | ) www.nytimes.com time to read: +2 min

President Obama did pass what media reports insistently called a “massive” fiscal stimulus, but it was in fact far too small, given the size of the financial shock. That’s not 20/20 hindsight; I was tearing my hair out over the plan’s inadequacy in real time. Or they didn’t want to work, maybe because the improving quality of video games was keeping them at home. OK, but before I simply declare that inadequate government stimulus led to a lost decade for the U.S. economy, I need to address one objection from economic theory. Conversely, if the economy persistently has excessive unemployment, the hypothesis says that we should see ever-falling inflation, perhaps eventually leading to deflation.

Persons: Obama, insistently, belying, Milton Organizations: Obama Locations: Washington, U.S

☆ A portfolio manager who's outperformed 91% of funds over the past 15 years shares his contrarian method for finding underrated companies — and 5 of his favorite stocks to buy now
▼ + stars: | 2023-08-01 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

Here are five investments VanCronkhite loves now with market volatility likely to rise in late 2023. According to fund manager Bryant VanCronkhite, many investors make a common mistake when building portfolios: overlooking mid-sized stocks. After all, he's co-managed the $12.8 billion Allspring Special Mid Cap Value Fund (WFPAX) since early 2009 and has crushed his competitors in that span. Investors with the exact same priorities will likely target similar stocks and end up with average returns, VanCronkhite noted. 5 top stocks to buy as market volatility spikesAn outstanding rally for US stocks so far this year could get choppy in the coming months, VanCronkhite warned.

Persons: Bryant VanCronkhite, he's, Morningstar, VanCronkhite, James Tringas, they're suboptimal, VanCronkhite isn't, we're Organizations: Value, Value Fund

Search resuls for: "obsessing"

25 mentions found