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☆ The Fed has redeemed itself after an 'egregious' post-COVID inflation error, former Treasury Secretary Larry Summers says
▼ + stars: | 2024-08-23 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

The former Treasury Secretary told Bloomberg TV that the central bank's interest rate strategy has largely succeeded, even though Fed officials made a major blunder by first underestimating pandemic-era inflation. In 2021, the Fed mischaracterized inflation as "transitory," citing that COVID supply chain disruptions would eventually blow away. Once central bankers grew to understand that inflation needed an interest rate response, the Fed initiated the most aggressive policy-tightening campaign in recent history. In that period, Summers often showcased skepticism that the Fed could clamp down on inflation this way without economic consequences. AdvertisementNow, the main question is how far interest rates could fall during the Fed's September meeting.

Persons: —, Larry Summers, Summers, I've, Jerome Powell, Powell Organizations: Service, Bloomberg, Business, Fed

☆ Read the college essay a Harvard grad wrote about McDonald's that landed him offers from Harvard, Yale, and Princeton
▼ + stars: | 2024-08-21 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +4 min

Read previewWhen Jeffrey Wang was a high-school senior in Connecticut in 2014, he wasn't sure what to write about for his college application essay. AdvertisementHe wanted to show his personalityHe read Harry Bauld's book, 'On Writing the College Application Essay,' which made him realize college admissions officers wouldn't have time to read each essay diligently. Authenticity is keyThe essay summarizes how Wang discovered his local McDonald's was an ideal place to study and meditate. AdvertisementHe got into Yale, Harvard, and PrincetonGrowing up, Wang dreamed of attending Yale in his home state of Connecticut. AdvertisementDo you have a college admissions success story?

Persons: —, Jeffrey Wang, he'd, Wang, Harry Bauld's, wouldn't, they're, they'd, you'll, Ella Hopkins Organizations: Service, Business, Yale, Harvard, Princeton, Duke, MIT Locations: Connecticut, Cheshire , CT, McDonald's, San Francisco, ehopkins

☆ I'm a mom of 4 and have done back-to-school shopping for over a decade. These are the 3 things I've learned.
▼ + stars: | 2024-08-20 | by ( Nicole Johnson | ) www.businessinsider.com time to read: +6 min

Read previewBack in the 80s and 90s, school shopping seemed straightforward and relatively inexpensive. As the parent of four children who's been back-to-school shopping for over a decade, I have realized the real key to surviving this time of year is being creative. With two in middle school and two in college, back-to-school shopping costs me almost as much as (if not more than) our family's most expensive holiday, Christmas. If nothing works out from last year's clothing, many secondhand stores will buy the kid's clothes that no longer fit. If they choose to spend more on school supplies, it will impact the amount they are allowed to spend on clothes.

Persons: —, I'm, who's, I've, haven't Organizations: Service, Business, Local, Facebook, Nike

☆ Want to work at Goldman Sachs? These are the traits the bank looks for, according to CEO David Solomon.
▼ + stars: | 2024-08-19 | by ( Jaures Yip | ) www.businessinsider.com time to read: +3 min

Read previewGetting a job at Goldman Sachs is even harder than Havard, according to its CEO. In an episode of "The David Rubenstein Show," CEO David Solomon revealed that of over 300,000 applications last year for entry-level jobs out of undergraduate university, the bank hired around 2,500 people — less than 1%. AdvertisementWhile he listed off more classic desirable traits — people who are hardworking, smart, and "believe in excellence" — Solomon emphasized tenacity. In a letter to their 2024 summer internship cohort, Solomon advised them to "embrace your unique skills and experiences." AdvertisementThe investment bank received a record-breaking 315,126 applications for its 2024 internship program, admitting only 2,700 spots — slightly less than 0.9%.

Persons: —, Goldman Sachs, Havard, David Rubenstein, David Solomon, Solomon, — Solomon, Rubenstein, Goldman, Robbie Stankard Organizations: Service, Business, Colombia University

☆ These American cities are heating up the most
▼ + stars: | 2024-08-13 | by ( Amy O'Kruk | Angela Dewan | ) edition.cnn.com time to read: +7 min

Each has recorded at least 18 extremely hot days this year. San Antonio, Texas, experienced 54 extremely hot days, 16 more than its 2013-to-2023 average, while Nashville, Tennessee has logged 23, also 16 days above average. “The overall trend is clear: major American cities have experienced a significant rise in the number of extremely hot days,” said Tucker Landesman, a senior researcher with the International Institute for Environment and Development. Of the 50 cities, only three — Los Angeles, Omaha and Kansas City — did not experience an increase in extremely hot days over the five-decade period. “As the world’s richest country, the United States has the resources and technology needed to address extreme heat,” Landesman said.

Persons: It’s, ”, Tucker Landesman, ” Landesman, Austin, Houston, we’ve, Kansas City —, Summers, hasn’t Organizations: CNN, International Institute for Environment, Development, Paramedics, “, Kansas City, Phoenix Locations: Arizona, Phoenix, Las Vegas, California, Los Angeles, San Fransisco, Washington, Baltimore, Vegas, San Antonio , Texas, Nashville , Tennessee, That’s, Texas, Texas , Arizona, San Antonio, Fort Worth, Austin, Tucson , Arizona, Fresno , California, Denver , Colorado, Los Angeles , Omaha, Mesa, Tucson, United States

☆ ‘The fire moved faster than the cars:’ Residents in Athens suburbs describe destruction wrought by deadly wildfires
▼ + stars: | 2024-08-13 | by ( Eleni Giokos | Christian Edwards | ) edition.cnn.com time to read: +4 min

Athens, Greece CNN —Where just hours ago there were thick rows of trees, now stumps protrude and smoke still rises from scorched soil. “At some point, the fire went faster than the cars,” Vasilis Xypolitas, mayor of Kifisia municipality on the outskirts of Athens, told CNN. Her car, like scores of others lining the roads that climb out of Athens, was burned. More than 700 firefighters, nearly 200 vehicles and 35 water-bombing aircraft were deployed to battle the blaze, Greek public broadcaster ERT reported. Once the winds and the worst of the blaze abated, residents in Chalandri returned to inspect the damage.

Persons: Greece CNN —, bedsheets –, Vasilis Xypolitas, ”, Sophia, Alexandros Avramidis, Xypolitas Organizations: Greece CNN, CNN, “, ERT, Ministry, Protection Locations: Athens, Greece, Chalandri, Attica, “, Kifisia, Penteli, Varnavas, Grammatiko

Lacrosse, cricket, baseball and softball — by way of Oklahoma City — are set to make their Olympic returns to L.A. 2028. Breaking, the New York-rooted, 1980s dance form, appeared to be well-received here in Paris but wasn't invited to the L.A. party. The fledgling World Boxing hopes to be that new international body that can gain enough support from national boxing federations to fill the IBA void. Spain's Enmanuel Reyes Pla is punched by Belgium's Victor Schelstraete in the men's 92kg quarter-final boxing match during the Paris 2024 Olympic Games. The mayor pointed out that predictions of traffic armageddon in 1984, when the Olympics were last in L.A., never materialized.

Persons: Luke Hales, wasn't, Ami, Elsa, Eric Quinlan, Alison Palaia, “, ” Palaia, “ We’ve, ”, Palaia, Roland, Spain's Enmanuel Reyes Pla, Belgium's Victor Schelstraete, Mohd Rasfan, Paris, Boris Van Der Vorst, Karen Bass, Bass, “ Angelinos, ” Bass, Vivianne Robinson, Sebastian Kahnert, I'm Organizations: PARIS, Lacrosse, Flag, Team Japan, India, Team Netherlands, Olympics, Boxing Association, Boxing, Garros, Getty, NFL, Associated Press, Santa Monica Locations: Los Angeles, Oklahoma, L.A, New York, Paris, U.S, New York City, Brisbane, Russian, AFP, Inglewood, COVID, Southern California

☆ Major wildfire rages out of control around Athens; hundreds of firefighters deployed
▼ + stars: | 2024-08-12 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: +4 min

Hundreds of firefighters backed by more than 30 water-dropping planes were battling a major forest fire raging out of control Monday on the northern fringes of the Greek capital. A car burns in Varnava village during a wildfire, north of Athens, Greece, on August 11, 2024. Three Athens hospitals were put on heightened alert to treat any potential injuries. It began Sunday afternoon about 35 kilometers (22 miles) from Athens and was fanned by strong winds that quickly drove it out of control. Women embrace after being rescued during a wildfire in Varnavas, north of Athens, Greece, on August 11, 2024.

Persons: Vassilis Kikilias, Michael Varaklas, ” Kikilias, Angelos Tzortzinis, ”, Vassileios Vathrakogiannis, “ Organizations: Civil, AP Authorities, Local, Authorities, Getty Locations: Greece, Athens, Varnava, Marathon, Varnavas, AFP, Mati

☆ For the Rescuer of an Ancient Shipwreck, Trouble Arrived in the Mail
▼ + stars: | 2024-08-12 | by ( Graham Bowley | Seamus Hughes | ) www.nytimes.com time to read: +1 min

In the 1960s, Susan Womer Katzev, a marine illustrator, and her husband, the archaeologist Michael L. Katzev, spent two summers diving with a team beneath the lapping waves of the Mediterranean off Cyprus. Their quarry was an ancient shipwreck on the sandy ocean floor discovered just years earlier by a man foraging for sponge. After more than 2,000 years underwater, much of its hull and cargo — old plates, coins, amphoras that once held wine and others that still held almonds — were remarkably intact. Mrs. Katzev’s drawings and photographs helped document a discovery that revealed not only ancient trading behaviors but also a wealth of information about how the Greeks built ships. For decades, her and her husband’s efforts have been heralded for their central role in establishing nautical archaeology as a field.

Persons: Susan Womer Katzev, Michael L, Katzev, Katzev’s Organizations: Archaeological Institute of America Locations: Cyprus, Kyrenia, Rhodes

☆ Greece wildfires: Evacuations ordered near Athens as authorities try to contain blaze
▼ + stars: | 2024-08-12 | by ( Chris Liakos | Alex Stambaugh | ) edition.cnn.com time to read: +3 min

CNN —A fast-spreading wildfire continued to rage close to the Greek capital of Athens on Monday, prompting authorities to ask residents to evacuate their homes. Fire authorities warned Monday that the wildfire had “developed rapidly” and was heading towards Penteli, around 16 kilometers (about 10 miles) northeast of Athens. Greek authorities have battled dozens of blazes already this summer after enduring its hottest June and July on record. Kikilias warned over the weekend that “extremely high and dangerous weather conditions” would continue through Thursday. Angelos Tzortzinis/AFP/Getty Images“Winds overnight remained strong creating dangerous conditions.

Persons: Vassilis, Kikilias, Adonis Georgiadis, Angelos Tzortzinis, Vasilios Vathrakoyiannis, ” Organizations: CNN, ERT, Getty, ” CNN, Authorities Locations: Athens, Varnavas, Penteli, AFP, Greece

How Close Are the Planet’s Climate Tipping Points? How close today’s ice is to suffering the same fate is something scientists are still trying to figure out. Sudden Shift in the West African Monsoon0 +3 +6 +9 +12 +16 +18˚F WE ARE HERE Degrees of warming 0 +3 +6 +9 +12 +16 +18˚F WE ARE HERE Degrees of warming 0 +3 +6 +9 +12 +16 +18˚F WE ARE HERE Degrees of warmingAround 15,000 years ago, the Sahara started turning green. When it might happen: Hard to predict. “With every gram of additional CO2 in the atmosphere, we are increasing the likelihood of tipping events,” he said.

Persons: ”, Tapio Schneider, “ It’s, David Holland, Niklas Boers, “ Organizations: California Institute of Technology, West Antarctic, New York University, Animals, Amazon, Technical University of Munich, Potsdam Institute, Climate Impact Locations: Western Canada, Alaska, Siberia, Greenland, Antarctica, Sahara, North Africa, East Africa, Africa, Caribbean, Europe

☆ Meet the Gen-Zers and millennials working summer jobs on top of their 9-to-5s: 'It's helped me feel happier, more relaxed.'
▼ + stars: | 2024-08-10 | by ( Morgan Smith | ) www.cnbc.com time to read: +6 min

Laquintano, 28, started working there with her older sister when she was 16 to kill time while she was off school. She works at Rita's with her younger brother, Andrew, who is home from college for the summer. As a remote employee, Fullerton says working at Bird & Betty's has also given him a much-needed social outlet. Oddly enough, working more has helped me feel happier, more relaxed." Alvarado spends her summers working as a camp counselor at the Kickapoo Kamp for Girls in Kerrville, Texas.

Persons: Gen Zers, millennials, Anna Laquintano, she's, Rita's, Laquintano, I've, it's, Andrew, Pat Fullerton, Betty's, Fullerton, he'll, Krystal Alvarado, She's, Alvarado Organizations: Fullerton, it's, American Heritage Federal Credit Union, CNBC, Bird, Start, Girls Locations: Beach Haven , New Jersey, Rockledge , Pennsylvania, Philadelphia, Rita's, Italian, New Jersey, Beach, Fullerton, Hoboken , New Jersey, Texas, Alvarado, Hidalgo County, South Texas, Kerrville , Texas

☆ A woman gave 2 weeks' notice but was fired on the spot. Employment lawyers say it's not ethical, but it is legal.
▼ + stars: | 2024-08-09 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +7 min

Read previewA woman who said she would be handing in her two weeks' notice at work was shocked when her company terminated her employment immediately without pay. She said she would give her two weeks' notice when she was ready. Afraid You Might Be," told BI that this is when the phrase "at will" matters. Jessica B. Summers, principal employment and labor attorney at Lerch, Early, & Brewer, told BI nobody was technically in the wrong in this case. "So when an employee says they are leaving, absent a contract, the employee does have the legal right to end the relationship before the last day proposed by the employee," Summers said.

Persons: —, Kelsi, Tom Spiggle, Spiggle, Jessica B, Summers, Brewer, Andrew Zelman, doesn't, Jonathan Hinton Westover, Janice Killion, Killion Organizations: Service, Business, BI, Washington DC, Fort, Utah Valley University Locations: Washington, Lerch, Montana, Berger, Fort Lauderdale

☆ From Walz, a Rosier View of a Midwestern Upbringing
▼ + stars: | 2024-08-09 | by ( Dionne Searcey | ) www.nytimes.com time to read: +1 min

In the western Nebraska town where Tim Walz came of age, teenagers gathered at the Frosty Drive-In after football practice and spent summers working on farms. The tree-lined streets of JD Vance’s hometown in Ohio surrounded a hulking steel mill that endured layoff after layoff. By his own telling, it was a community “hemorrhaging jobs and hope.”The rural Midwestern back stories presented by the two major-party vice-presidential candidates are strikingly different. Another is a glowing portrait of rural America offered by Mr. Walz, the Democratic governor of Minnesota who is Vice President Kamala Harris’s new running mate. The rival campaigns are using these opposing depictions of rural life to make very different appeals to voters.

Persons: Tim Walz, JD Vance’s, JD Vance, Ohio, . Walz, Kamala Harris’s Organizations: JD, Republican, Democratic Locations: Nebraska, Ohio, America, Minnesota

☆ Why Ibiza is having a fashion moment once again
▼ + stars: | 2024-08-09 | by ( Suyin Hayes | ) edition.cnn.com time to read: +8 min

CNN —There are two rather different perceptions of the Balearic island of Ibiza near Spain. “Today, (Ibizan style) still persists and is absolutely recognizable anywhere in the world.”Fashion brand Reformation dedicated their latest summer collection to Ibiza. ReformationAs well as on-island boutiques such as Annie’s Ibiza and Vicente Ganesha, Ibiza style is celebrated by Loewe’s creative director Jonathan Anderson, who grew up vacationing in Ibiza, and since 2017, has spearheaded a high end collaboration between the luxury house and another legendary local institution Paula’s boutique. “When the pandemic happened, there was a chance to reframe what Ibiza was about: slow travel, wellness and mindfulness,” Fonner said. “I don’t really think (Ibiza) has gained popularity in recent years; I believe it has always been popular artistically,” she said.

Persons: Gala Mora, Freddie Mercury, Grace Jones, Bob Marley, ” Mora, ”, Vicente Ganesha, Jonathan Anderson, Shane Fonner, ” Fonner, ‘, Assouline, biennal, Sergio Sancho, Oriol, Oriol Maspons Sancho, Sancho, “, Irene de Andres, Mora Organizations: CNN, “, L.E.R, Enric, Contemporary Art Museum Locations: Balearic, Ibiza, Spain, North America, Bohemia, Agrotourism, Spanish, Madrid

☆ Nice guys finish first: 7 secrets to success at Blackstone, according to a campus recruiter, a former intern, and other firm insiders
▼ + stars: | 2024-08-08 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +14 min

This summer, Gray addressed Blackstone's summer interns about how they might advance at the firm, according to a recent LinkedIn post. AdvertisementBut how exactly does one go about being "nice" at Blackstone? Here's how to succeed at Blackstone, according to three executives, an ex-intern, and public comments made by top leaders including Gray and Schwarzman. "Steve Schwarzman always says it is just as easy to hire a smart, nice person as a smart, not nice person," Ross told BI. That's just not who we are as a firm," Ross said, adding, "We think investing's a team sport."

Persons: —, Jon Gray, Blackstone, Gray, Steve Schwarzman, that's, Morgan Stanley, Thomson, Schwarzman, Lehman, we'll, Paige Ross, Blackstone Paige Ross, niceness, Ross, That's, Marshall Plumlee, Plumlee, Marshall Plumlee dunking, Mark J, Terrill, Marshall, Jahlil, you've, it's, Peter Peterson, Jeenah, they're, They're, Taylor Kanfer, we're, Kanfer, Joe Zidle, Blackstone . Blackstone Zidle, Zidle Organizations: Service, Business, Blackstone, Blackstone —, Lehman Brothers, Thomson Reuters, Duke University's, NBA, New York Knicks, Milwaukee Bucks, Associated Press, Duke, 75th Ranger Regiment, Army, LinkedIn, Veterans Network, Blackstone . Locations: Blackstone, New York, Manhattan, Afghanistan

☆ Teenagers who turned $400 into a six-figure business share 4 strategies that helped them scale
▼ + stars: | 2024-08-08 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +7 min

Read previewJacob Shaidle started cleaning barbecues in the summer of 2021 to fund his education. AdvertisementShaidle started cleaning barbecues in 2021 to pay for his university tuition. Over the past year, the teens, who are heading into their third year at the University of British Columbia, have grown Shaidle Cleaning to six figures in annual revenue. One is a small business called Strodes, a butcher shop deli that makes its own all-natural, chemical-free degreaser that Shaidle Cleaning buys in bulk. Go digitalDuring his first two summers in business, Shaidle acquired clients through door-knocking and word-of-mouth.

Persons: —, Jacob Shaidle, he'd, Shaidle, Aran Giffen, Lean, Giffen, it's, Aran, Jake, They'll, they're, you've Organizations: Service, Business, University of British, Insight, Hamilton Spectator Locations: Hamilton , Ontario, University of British Columbia, Ontario, We've

☆ 45-year-old mechanic quit his full-time job for his side hustle—now he makes $14,200 a month: My paycheck is 'very consistent’
▼ + stars: | 2024-08-07 | by ( Megan Sauer | ) www.cnbc.com time to read: +3 min

Pyle started answering strangers' questions about their gas and diesel engines on JustAnswer as a side hustle in October 2006. He quit his full-time $75,000-per-year job at Ford Motors when JustAnswer outpaced his salary in 2012, Pyle says. Pyle made $170,500 in 2023, an average of $14,200 per month, on JustAnswer, according to documents reviewed by CNBC Make It. His monthly income is more than three times as much as the national median monthly side hustle earnings and mechanic's salary combined. Pyle also bought an RV and is building a second home, largely by himself, on the property — all funded by his JustAnswer work.

Persons: Chris Pyle, Pyle, JustAnswer, …, Ford, Pyle's Organizations: Ford Motors, CNBC, Cub, Bass Pro Locations: JustAnswer, Dickson County , Tennessee

☆ Dwyane Wade on Team USA's Olympic potential, embracing life as a broadcaster
▼ + stars: | 2024-08-02 | by ( Rohan Nadkarni | Rohan Nadkarni Is A Sports Reporter For Nbc News. | ) www.nbcnews.com time to read: +6 min

Despite being in France for the Paris Games for more than a week, Dwyane Wade has spent only one night in the City of Light. And I’m having a good time when I’m on air.”Wade has called the first two group games for the U.S. men’s basketball team, which is looking for its fifth straight gold medal. “This team is so deep, in six games we’re not going to get an opportunity to see how dope this team really is,” Wade says. “But I know basketball. In 2008, Wade was two summers removed from winning NBA Finals MVP but he still came off the bench that summer.

Persons: Dwyane Wade, they’ll, ” Wade, “, I’m, Wade, we’re, LeBron James, Kevin Durant, Steve Kerr, Jayson Tatum didn’t, Joel Embiid, aren’t, ’ ” Wade, LeBron, Chris Paul, Kobe Bryant, ”, hasn’t, Shai, Gilgeous, Alexander, It’s, Noah Eagle, Eagle, “ I’ve Organizations: Paris Games, of Famer, Olympic, NBC, NBC News, U.S, NBA, Serbia, USA, TNT Locations: France, City of, Lille, Paris, Beijing, South Sudan, Sudan, Canada

What’s Uniting, and Dividing, Native Voters in ArizonaNative American voters were key to helping Democrats clinch Arizona in 2020. But in this election, many Native voters say they feel exhausted, disappointed and torn about how to vote. But overall it was frustration and anxiety that we heard as we talked with more than four dozen voters around Phoenix and on the Navajo Nation, the country’s largest reservation, about their concerns. Many voters felt like they had been left out of the state’s growing economy, with unemployment for Native Americans almost double the national average. Most of the voters we spoke to said no, but some were willing to give him another shot.

Persons: Kamala Harris, Al Yazzie, Biden, Donald J, Trump, Lewis Fort, Dorothy Denetsosie Gishie, Clissene Lewis Clissene Lewis Dorothy Denetsosie Gishie Dorothy Denetsosie, Caleb Dash, Lewis Clissene Lewis Caleb Dash Caleb Dash Clissene Lewis Clissene Lewis “, Donald Trump, ”, Jan, “, I’m, You’re, ” You’re, we’re, “ Trump, Caleb Dash Caleb Dash, MakanaLani, MakanaLani Pike Dorothy Denetsosie Gishie Dorothy Denetsosie, Pike Caleb Dash Caleb Dash Kyle Mitchell Diné, Kyle Mitchell Diné, Dorothy Denetsosie Gishie Dorothy Denetsosie, Caleb Dash Caleb Dash Kyle Mitchell Kyle Mitchell “, Sandra Willeford, Sandra Willeford Darrell Acothley, Darrell Acothley Organizations: Voters, Arizona Native, Democrats, Arizona, Democratic, Phoenix, Navajo Nation, Government, Lewis Fort McDowell, Maricopa Indian, “, White, Tribal Youth, Maricopa Indian Community Locations: Arizona, Navajo, Washington, Lewis Fort McDowell Yavapai, Caleb Dash Salt, Pima, Maricopa Indian, Maricopa, MakanaLani Pike, Salt, Phoenix

☆ I send my kids to stay with family over the summer. I deserve time away from them, and they have fun.
▼ + stars: | 2024-07-31 | by ( Jane Ridley | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. One of the highlights of my summer so far was a short getaway to the Texas hill country with my partner, Tyran. I'm their mom, but I don't have to be part of every memory and every piece of their lives. So, for the last two summers, Saiah has spent seven or eight weeks with his dad in New York City. Related storiesIt's the same with Sevyn; She spent her time away from us with Ty's mom in Orlando.

Persons: —, Tanya Mitra, Saiah, Ty, it's, I'd, Mitra, It's Organizations: Service, Business, Fashion Locations: Texas, New York City, Sevyn, Florida, Georgia, Italy, Paris, Toronto, Brooklyn, Houston, Orlando, Savannah, I'm, American

☆ Record heat is set to drive the cost of fruits and vegetables higher
▼ + stars: | 2024-07-30 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +6 min

But US consumers aren’t only taking a financial hit from this summer’s extreme heat by way of their electricity bills. Shoppers could soon have to pay much higher prices for fruit and vegetables as farmers shoulder higher growing costs from the heat, a reversal of a trend seen over the past year with the cost of fruits and vegetables dropping by 1%, according to June Consumer Price Index data. For the rest of this summer, consumers aren’t likely to see markedly higher prices for seasonal fruits like blueberries because contracts with distributors and retailers tend to be worked out in advance, he said. Climate change, he said, is causing his business to suffer financially with reduced crop yields. However, the steep costs to make that switch could also contribute to higher prices consumers pay for produce.

Persons: It’s, Tom Avinelis, ”, Avinelis, Tom Avinelis “, Mohamed bin, Kumaraswamy Ponnambalam, Ponnambalam, coauthors, Henry Gordon, Smith, it’s, Gordon Organizations: New, New York CNN, Foods, Costco, Safeway, CNN, Atlantic Council, University of Waterloo, University of Artificial Intelligence, “, Smart Agriculture, Columbia University Locations: New York, Fresno , California, Willamette, Oregon, California, Ontario, Canada, University, Abu Dhabi, Santa Maria , California

CNN —At least 43 people have died following major landslides in the southern Indian state of Kerala, officials said Tuesday. A massive rescue operation is underway in Kerala’s northeastern district of Wayanad, involving 250 people from the national and state disaster rescue force and the Kerala fire services, PM Manoj, Press Secretary to the Kerala Chief Minister, told CNN. “We don’t know if people have been washed away in the river but we are doing our best to rescue people. Rescuers help residents move to a safer place after multiple landslides hit Wayanad, in the southern state of Kerala, India, on July 30, 2024. In a post to X, Indian Prime Minister Narendra Modi said he was “distressed by the landslides in parts of Wayanad.

Persons: Manoj, ” Saseendran, Kowsigan, Stringer, ”, George, Narendra Modi, “, gratia Organizations: CNN, “, Reuters, “ Helicopters, Indian Locations: Kerala, Kerala’s, Wayanad, India, South Asia, China

☆ How billionaires like Bill Gates and Elon Musk are enjoying the 2024 Olympics
▼ + stars: | 2024-07-29 | by ( Madeline Berg | ) www.businessinsider.com time to read: +1 min

Billionaires have made their way to Paris to watch the 2024 Olympics in person. Here are some of the world's richest people who have been spotted at the 2020 Paris Olympics. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Every four summers, they take a break from their busy lives to tune into the Olympics and cheer on their home team. This story is available exclusively to Business Insider subscribers.

Persons: —, Maxime Lallement Organizations: Service, Olympics, Highstay, Business Locations: Paris

The tragedy is sadly far from unique; extreme heat is turning ordinary activities deadly. Heat is the deadliest type of extreme weather, and the human-caused climate crisis is making heat waves more severe and prolonged. What heat does to your heartVideo Ad Feedback A rise in heat and humidity pushes the heart rate up. In extreme heat, your heart must work much harder to keep your body’s internal temperature stable. Blood flow to your brain decreases in extreme heat as breathing speeds up and blood vessels constrict inside your neck and skull.

Persons: Philip Kreycik, Kreycik, Santiago Mejia, Taylor, We’ve, ”, Matthew Huber, Damian Bailey, Bailey, “, ” Bailey, Laura Paddison, Catharina Giudice, Harvard T.H, it’s, Pope Moseley, ” Moseley, Moseley, they’ve, Giudice, Purdue University’s Huber, ” Huber, Richer, Jane Baldwin, Bharat Venkat, Venkat, Jen Christensen, Mary Gilbert, Angela Dewan, Angela Fritz , Mark Oliver, Henry Zerkis, Angelica Pursley , Yukari Schrickel, Elisa Solinas, Lou Robinson Organizations: CNN, Police, San Francisco Chronicle, Purdue University, Olympic Games, University of South, Harvard, of Public Health, Arizona State University, Purdue, University of California, World Health Organization, UCLA, Mary Gilbert Story Locations: Pleasanton, California, Mecca, Paris, University of South Wales, Chan, West Africa, South Asia, University of California Irvine

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