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☆ Willie Mays: One of baseball’s most electrifying and complete players has died at 93
▼ + stars: | 2024-06-18 | by ( Wayne Sterling | Kevin Dotson | ) edition.cnn.com time to read: +17 min

AP From left: Monte Irvin, Willie Mays, and Hank Thompson hold bats on their shoulders in Yankee Stadium in 1951. Bettmann Archive/Getty Images Mays, then a physical training instructor at Fort Eustis, Virginia, leads soldiers through a calisthenics session on February 19, 1953. Bettmann Archive/Getty Images Mays plays stick ball with kids in New York's Harlem neighborhood in 1954. Bettmann Archive/Getty Images Mays makes a leaping, one-handed catch off the Los Angeles Dodgers' Duke Snider on August 15, 1954. JR/AP Mays, then of the San Francisco Giants, plays catch with 14-month-old Herbert Henderson, at the home of Henderson's parents, in San Francisco, California on November 14, 1957.

Persons: Willie Mays, Mays, “, Michael Mays, ” Michael Mays, ”, –, Babe Ruth, Hall, Hall of Famer Willie Mays, Robert D, Manfred, ” Manfred, ” Mays, couldn’t, wouldn’t, Negro League ballplayers, Monte Irvin, Hank Thompson, William F, Donegan, Duke Snider, Charles Hoff, Jackie Robinson, Bettmann, Frank Hurley, Joe DiMiaggio, Sid Mercer, Margherite Wendell, AP Mays, Herbert Henderson, Ernest Bennett, Pepe, San Francisco, Willie McCovey, Jon Brenneis, Ed Sullivan, Mel Ott, Hank Aaron, Joan Whitney Payson, Dan Farrell, douse Mays, Paul Sakuma, Monica M, Davey, John G, Mabanglo, San Francisco Giants Barry Bonds, of Famer Willie McCovey, Bonds, Willie, Laura Bush, George W, Bush, Chip Somodevilla, Jeff Gross, Barack Obama, Louis, Pete Souza, Jon Miller, Ezra Shaw, Nicholas Kamm, Gabrielle Lurie, ’ Mays, Vic Wertz, ” San Francisco Mayor London Breed, Breed, ’, Peter Ueberroth, Leo Durocher, ” Obama, “ Willie, Gavin Newsom, ” Newsom, Emma Tucker, Elizabeth Joseph, Taylor Romine Organizations: CNN, of Famer, San Francisco Giants, Giants, Major League Baseball, New York Giants, National League, Hall of Famer, MLB, Negro League statistics, Negro American, Birmingham Black Barons, San Francisco Chronicle, Juneteenth, Negro Leagues, Black Barons, Louis Cardinals, Negro League, Gloves, Bettmann, American, Minneapolis Millers, Minnesota Historical Society, AP, Yankee, The New York Giants, Army, Major League, Los Angeles Dodgers, NY, Mays ' New York Giants, Robinson's Brooklyn Dodgers, Cleveland Indians, Baseball Writers, JR, San, Candlestick Park, CBS, Getty, Astrodome, Mays, Atlanta Braves, New York Mets, Mets, Wrigley Field, Chicago Cubs, National League East, AP Mays, Candlestick, San Fransisco Giants, Park, Willie Mays Plaza, Bell Park, White, Little League's Challenger Division, T, Air Force, London Breed, Hall, Polo, New York, Brooklyn Dodgers, New York Yankees, Franciscan, ” San Francisco Mayor London, of Fame, Baseball Hall of Fame, Baseball Locations: Birmingham , Alabama, Birmingham, American, New York, Omaha , Nebraska, Camp Kilmer , New Jersey, Fort Eustis , Virginia, Phoenix , Arizona, New, Harlem, Mays ', NY, East Elmhurst , New York, San Francisco , California, San Francisco, Candlestick, Houston , Texas, New York City, Chicago , Illinois, AFP, Washington , DC, St, Washington ,, California

☆ A retired couple gets $23 monthly from SNAP and uses credit cards to buy groceries. They worry about going hungry.
▼ + stars: | 2024-06-17 | by ( Allie Kelly | Madison Hoff | ) www.businessinsider.com time to read: +6 min

Dacus and her husband have to stick to a tight budget: their household only receives $23 a month from SNAP. But some struggling families, like Dacus', don't receive enough help, or their income is considered too high to receive any help at all. But $23 a month in food benefits isn't even close to affording what they need to eat. SNAP benefits don't always align with household needsAmerica's SNAP program provides low-income households with money to grocery shop, and the qualifying criteria is based on the federal poverty line. Yet, many households like Dacus' don't receive the maximum because their income isn't low enough.

Persons: —, Mary Dacus, graham, Stephen, creamer, Dacus, ALICEs, It's Organizations: Service, Foods, Business, Chicago —, Walmart, SNAP, of Labor, Pew Research Center, US Department of Agriculture, Women Locations: Robinson , Illinois, Chicago

☆ A millennial and her husband left San Francisco and embarked on 'a grand nomadic tour of the US.' She shares why they ended up moving to Chattanooga, Tennessee.
▼ + stars: | 2024-06-16 | by ( Madison Hoff | ) www.businessinsider.com time to read: +6 min

Rachel Pohl, 34, who lived in San Francisco for several years, and her husband, Jesse Rosenthal, are just two of the people who left. They had been considering moving away from California for quite some time before leaving San Francisco in the fall of 2020. She has also found the people are more diversified in terms of jobs, as opposed to the dominance of tech in the San Francisco area. Realtor.com noted both San Francisco and Chattanooga as buyer's markets at the moment, where the "supply of homes is greater than the demand for homes." Have you moved out of San Francisco or somewhere else in the US?

Persons: —, Francisco, It's, Rachel Pohl, Jesse Rosenthal, they're, Pohl, she's, let's, " Pohl, hadn't, Chattanooga Pohl, it's, Realtor.com Organizations: Service, Chattanooga, Business, ., San Locations: San Francisco, Chattanooga , Tennessee, California, . Montana, Chattanooga, Durham , North Carolina, Francisco, Tennessee, San Franciso, there's, mhoff@businessinsider.com

☆ Inflation unexpectedly cools off as the Fed decides its next move
▼ + stars: | 2024-06-12 | by ( Madison Hoff | ) www.businessinsider.com time to read: +4 min

Meanwhile, the gas index rose 2.2% from May 2023 to this past May, higher than the 1.2% year-over-year increase in April. The food index rose 2.1% for the 12 months ending May after it was consistently seeing year-over-year increases of 2.2%. More specifically, the food at home index rose 1.0% for the 12 months ending May after a 1.1% increase. Meanwhile, the food away from home index rose 0.4% in May from the preceding month and 4.0% year over year in May. Inflation measures like the CPI suggest US inflation is still too high although these rates look a lot better than back in 2022.

Persons: —, it's, Elizabeth Renter, David Kelly Organizations: Service, Index, Bureau of Labor Statistics, Business, CPI, BLS, Housing, Morgan Asset Management

☆ The Fed's next decision will likely mean Americans are going to wait a lot longer for any interest rate cuts
▼ + stars: | 2024-06-11 | by ( Ayelet Sheffey | Madison Hoff | ) www.businessinsider.com time to read: +5 min

Americans shouldn't expect interest rate cuts to head their way anytime soon. Related stories"It may be bad, partly, because it is driven in part by uncertainty and fear and high interest rates holding back activity," Pollak added. "And if I had to bet, I bet that we will get two rate cuts, one in September and one in December." Some Democratic lawmakers have been pushing the Fed to cut rates and give Americans some breathing room, especially after the European Central Bank cut rates earlier in June for the first time in five years. "The Fed's decision to keep interest rates highs continues to widen the rate gap between Europe and the U.S, as the lower interest rates could push the dollar higher, tightening financial conditions," they wrote, adding: "You have kept interest rates too high for too long: it is time to cut rates."

Persons: there's, Jerome Powell, Powell, Julia Pollak, ZipRecruiter, It's, Pollak, Nick Bunker, Joseph Briggs, Goldman Sachs, we're, David Kelly, Kelly, Elizabeth Warren, Jacky Rosen, John Hickenlooper Organizations: Service, Reserve, Business, North America, Morgan Asset Management, Democratic, European Central Bank Locations: United States, Amsterdam, Sens, Europe

☆ US flight prices are over $200 cheaper than they were 30 years ago when adjusting for inflation. Here's why it doesn't feel like it.
▼ + stars: | 2024-06-10 | by ( Jacob Zinkula | Madison Hoff | ) www.businessinsider.com time to read: +10 min

But if you ask some Americans, airfares have gotten out of control in recent years. Keyes said international inflation-adjusted airfares for US passengers have also generally fallen over the past decade. To be sure, any frustrations about airfare prices haven't stopped many Americans from flying. "The decline in inflation-adjusted airfares appears to be uncorrelated with the financial performance of the 'big three' airlines," Tan said. AdvertisementIt's also possible that after airfare prices plummeted due to the pandemic, 2022's swift rise in airfares caught Americans off guard.

Persons: —, airfares, Scott Keyes, Mike Daher, It's, Keyes, Biden, Kerry Tan, they've, haven't, Tan, Tan, there's, airfare, Hayley Berg, Hopper's, NerdWallet Organizations: Service, Bureau of Transportation Statistics, Business, Deloitte, Gallup, JetBlue, Spirit Airlines, Department of Transportation, TSA, Loyola University Maryland, Delta, of Transportation, Airlines for America, Southwest, Spirit, United, Biden Administration, The Airlines Locations: United, America

☆ Americans are sick of tipping culture and scaling back everywhere from restaurants to hair salons
▼ + stars: | 2024-06-09 | by ( Madison Hoff | ) www.businessinsider.com time to read: +5 min

Many Americans are not willing to leave a tip all the time, and they're becoming less likely to do so. The 2024 survey of US adults conducted from April 29 to May 1 found that 67% percent of those who go to sit-down restaurants always give tips to servers. Thirty-five percent of adults said "tipping culture has gotten out of control," per the Bankrate post. Still, the survey found 78% of Gen Xers and 86% of baby boomers who go to sit-down restaurants always give a tip. AdvertisementAnd younger Americans are less likely to tip at sit-down restaurants.

Persons: Bankrate, Ted Rossman, it's, Xers, culture's, Gen Xers, Gen Zers, millennials, Rossman, that's Organizations: Service, Business, Pew Research Center

☆ We're on track for a soft economic landing, but it still feels like the economy stinks
▼ + stars: | 2024-06-06 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

In today's big story, we're looking at why the US economy is on track (again) for a soft economic landing . The big storyAnother economic turnaroundGetty Images; Chelsea Jia Feng/BIIt took longer than expected, but the US economy is finally on track for a soft landing. After a scary few months of economic data that had investors fearing a recession and stagflation, the tides have turned again. AdvertisementRecent data showing inflation and the labor market cooling have given hope that a soft landing is in the cards — and may even be underway — for the US economy, writes Business Insider's Madison Hoff. AdvertisementThe US economy is about to make a soft landing — a situation in which inflation cools without causing a recession or sudden spike in unemployment.

Persons: —, Chelsea Jia Feng, Insider's Madison Hoff, Arantza Pena Popo, bummed, it's, aren't, Johannes Eisele, Monica Schipper, Nordin Catic, Tyler Le Tim Cook, Cook, Jack Dorsey, Dorsey, Abanti Chowdhury, Sam Altman's, Dan DeFrancesco, Jordan Parker Erb, Jack Sommers, George Glover, Annie Smith Organizations: Service, shoplifters, Business, Fed, Johannes, Getty, OpenAI, Apple, BI, Street Journal, Comcast, New York Stock Exchange Locations: AFP, New York, London

☆ It finally looks like the US economy is sticking its soft landing
▼ + stars: | 2024-06-05 | by ( Madison Hoff | ) www.businessinsider.com time to read: +6 min

A soft landing is on the horizon, too — or already here depending on who you ask — and recent data reinforces that. AdvertisementThere has been a ton of moderation in this rate particularly when comparing recent changes to those seen in 2022, another sign pointing to a soft landing. AdvertisementThe soft landing might already be hereDavid Kelly, chief global strategist at J.P. Morgan Asset Management, believes the US has already achieved a soft landing. "To me, a soft landing is when the unemployment rate has basically hit its full-employment level, and the inflation rate is gradually coming down to a rate that's acceptable," Kelly said. Advertisement"In other words, a fairly comfortable soft landing with occasional turbulence," Draho added.

Persons: —, That's, it's, Joseph Briggs, Goldman Sachs, Briggs, Nick Bunker, Bunker, David Kelly, Kelly, Jason Draho, Draho, It's Organizations: Service, Business, Bureau of Labor Statistics, North America, UBS, Morgan Asset Management, UBS Global Wealth Management

☆ The 15 employers US engineering students most want to work for
▼ + stars: | 2024-06-04 | by ( Madison Hoff | ) www.businessinsider.com time to read: +1 min

Around 1 in 5 US engineering students in a survey chose Lockheed Martin as an ideal employer. 1 employer on Universum's new ranking using what engineering students said. AdvertisementWhile the labor market is looking tough for job seekers, some US engineering students are thinking about hopefully landing work at Lockheed Martin, GE Aerospace, or Nvidia one day. These places ranked highly on a new ranking about the employers US engineering students most want to work for. This story is available exclusively to Business Insider subscribers.

Persons: Lockheed Martin, Tesla, — Organizations: Lockheed, General Motors, Apple, Service, GE Aerospace, Nvidia, Business

☆ The 15 companies US tech students most want to work for
▼ + stars: | 2024-06-04 | by ( Madison Hoff | ) www.businessinsider.com time to read: +1 min

1 spot in Universum's US ranking based on a survey of computer science students. The spots in the ranking are based on what students said were their ideal employers. 2 in the new ranking based on business students and No. But it looks like US computer science students are still thinking about some well-known tech companies, such as Microsoft, as employers they would love to work for — at least based on new results from another survey. This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Google, Service, Microsoft, Business

☆ Delivering food on an e-bike or moped is a deadly endeavor in New York City
▼ + stars: | 2024-06-04 | by ( Eliza Relman | Madison Hoff | ) www.businessinsider.com time to read: +9 min

New York City delivery workers who don't use cars have one of the deadliest jobs in the city. There are now more than 65,000 app-based restaurant delivery workers in the city, and about 80% of them use e-bikes and motorbikes. The city report found that 28.7% of e-bike or moped delivery workers experienced injuries that forced them to miss work, lose consciousness, or seek medical care. They're asking for wider protected bike lanes, or even separate lanes for e-bikes and mopeds, and charging facilities for e-bikes. Indeed, "New Yorkers are dependent on app delivery workers to keep them safe and fed during times of crisis," she added.

Persons: —, takeout, Eric Adams, it's, Jose Alvarado, Andrew Lichtenstein, Brad Lander, Uber, DoorDash —, Ligia Guallpa, Guallpa, DoorDash, Guallpa's, Lander Organizations: Service, Business, Department of Consumer and Worker Protection, US Bureau of Labor Statistics, Bureau of Labor Statistics, Bloomberg, Yorkers, New York Times, Department of Transportation, Getty, City, York, Workers Justice Locations: New York City, York, New York, South Bronx, York City, City, Manhattan, Williamsburg , Brooklyn

☆ The 15 companies US business students most want to work for
▼ + stars: | 2024-06-04 | by ( Madison Hoff | ) www.businessinsider.com time to read: +1 min

Universum shared a new set of rankings about what US students said would be their ideal employers. 1 among business students. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe dream employers of US business students vary a lot based on new results from employer branding specialist Universum. Universum surveyed over 40,000 US students from September 2023 to April 2024 and put together rankings based on what students in different fields of study, such as business, chose as their ideal employers.

Persons: Universum, — Organizations: JPMorgan Chase, Fidelity Investments, BlackRock, Service, Business Locations: Universum

☆ A Gen Zer moved from South Florida to Texas after a job offer. Here are her pros and cons after moving to Dallas and uprooting her life.
▼ + stars: | 2024-06-02 | by ( Madison Hoff | ) www.businessinsider.com time to read: +8 min

Read previewArielle Francois, 24, would tell her past self it's fine to be nervous about making the move from South Florida to Dallas. Francois moved to Florida from Haiti because of the earthquake in 2010. Beyond scrolling through social media posts and apartment sites, there are also rent and costs to think about. Additionally, Francois said she feels it's more affordable to live in Dallas than South Florida for someone her age. "Because South Florida is so close to Haiti, you'll find a huge population of Haitians in South Florida," she said.

Persons: —, Francois, hadn't, Arielle Francois Francois, Dallas, hasn't, Dallas I'm, you'll Organizations: Service, Business, Dallas, PMG, Facebook Locations: South Florida, Dallas, Miami, Florida, Haiti, Texas, PMG, Smart, Caribbean, Little Haiti

☆ The 15 best entry-level jobs for new college and high school grads
▼ + stars: | 2024-05-30 | by ( Madison Hoff | ) www.businessinsider.com time to read: +1 min

The job-search site analyzed jobs using growth in the share of postings, pay, and experience. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Those three jobs were among the 15 hottest entry-level positions per a post from the job-search site Indeed. This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Service, Business

☆ Why Walmart, Walgreens, CVS retail health clinic experiment is struggling
▼ + stars: | 2024-05-28 | by ( Kevin Williams | ) www.cnbc.com time to read: +11 min

But the business experience in the retail health clinic space has largely disappointed. Walmart and the problem of volume vs. priceIn 2019, Walmart announced a bold initiative to open 4,000 in-store health clinics by 2029. "Primary health care is a low margin business," said Arielle Trzcinski, a principal analyst covering health care at research firm. "Compared to what they see in traditional retail, health care is a fundamentally different business," Trzcinski said, citing the challenges of navigating insurance companies and administrative burdens that health care brings. In-store health clinics can be profitable and viable, and retailers are experimenting with piecemeal approaches tailored to the local market.

Persons: Bobbi Radford, Radford, haven't, CVS's MinuteClinic, Karla Lemon, CVS's, I've, That's, Timothy Hoff, Hoff, didn't, Colleen Sanders, Sanders, Arielle Trzcinski, Forrester, Trzcinski, America Sanders, Virgil Brantz, Brantz Organizations: CVS, Walmart, Walgreens, Northeastern University, Insurance, Washington , D.C, Aetna, Retailers, Washington, Hartford HealthCare, Health Clinic, Arizona State University, Little Clinics, Kroger Locations: Batavia , Ohio, VillageMD, Southern California, New England, Conway , South Carolina, Washington ,, MinuteClinic, USA, America, Connecticut, Hartford, Phoenix, Atlanta, Little

☆ Hey, America, here's what's actually going on with the economy
▼ + stars: | 2024-05-25 | by ( Madison Hoff | ) www.businessinsider.com time to read: +6 min

Read previewHey, America, we totally understand if you're not feeling so great about the economy. This story is available exclusively to Business Insider subscribers. If you're interested in learning more about what's going on with the economy take a look at the charts below. Unemployment rates in the US have been lowThe unemployment rate did climb from 3.8% in March to 3.9% in April, but that's still low. However, just because we aren't in a recession doesn't mean the economy is perfect.

Persons: —, We're, Harris, David Kelly, Eugenio Alemán, Raymond James, Gregory Daco, Kelly, Daco, Alemán, Raymond James doesn't Organizations: Service, Guardian, Business, Morgan Asset Management, Real Locations: America

☆ The number of young working men without college degrees has tanked in the last 30 years. It could be because their wages have barely budged.
▼ + stars: | 2024-05-23 | by ( Ayelet Sheffey | Jacob Zinkula | Madison Hoff | ) www.businessinsider.com time to read: +6 min

Young men without college degrees have been dropping out of the workforce for decades. On Thursday, the Pew Research Center released a report delving into whether a college degree is worth it. The report compares economic outcomes for young adults who've completed a college degree with those who have not. "Accompanying that wages were also bid up for non-college educated young men at that time." Fry added, "the rising rates of young men with criminal records" could be a reason given they could have a hard time finding work.

Persons: who've, it's, —, Richard Fry, Fry, Pew, Gen, millennials Organizations: Service, Pew Research Center, Business, Labor, Bureau of Labor Statistics, Pew, Deloitte

☆ New York tech workers make $135,000 on average, but can't afford the vast majority of apartments on the market
▼ + stars: | 2024-05-21 | by ( Eliza Relman | Madison Hoff | ) www.businessinsider.com time to read: +6 min

Things are so bad that even tech workers, who make some of the highest salaries of any profession, are feeling the crunch. Entry-level tech workers made an average of $75,262 in 2023, and could only afford 2.1% of studio and one-bedroom rental apartments in the city, StreetEasy found. "If these tech employees can't afford housing, then who can?" But even as New York City has created 800,000 new jobs in the last 10 years, it's only built 200,000 new homes. The average tech worker makes 52% more per year than the average worker in New York City, the StreetEasy report noted.

Persons: StreetEasy, Julie Samuels, Samuels, —, Kenny Lee, Eric Adams, Kathy Hochul, Hochul, Adams Organizations: Service, Apple, Business, Tech, New York City, New York State Department of Labor, York City, New York, Yorkers Locations: New York, Manhattan, York City, San Francisco, New York City, StreetEasy, Yorker, York

☆ A millennial moved from Australia to Canada for her career. She said the people in Vancouver are welcoming, but the cost of living is high.
▼ + stars: | 2024-05-19 | by ( Madison Hoff | ) www.businessinsider.com time to read: +6 min

AdvertisementPros and cons of living in VancouverBain noted to BI several personal advantages to living in Vancouver, including the people who she has found can be welcoming and generous. After living in Australia and given her work as a destination makeup artist, Bain said another pro is the proximity from Vancouver to other places. Advertisement"I felt like I really wanted to experience more of the world," she said. She also found that wedding work in Canada is more seasonal than in Australia due to the snowy winters. Bain is happy living in Canada and the positives that come with being there.

Persons: —, Kellsie Bain, Bain, Vancouver Bain, I've, she's, aren't, York isn't, it's Organizations: Service, Business Locations: Sydney, New York City, New York, Canada, Vancouver, Australia, York, States

☆ Why Americans' confidence in finding a new job is tanking even as the labor market is humming along
▼ + stars: | 2024-05-18 | by ( Jacob Zinkula | Madison Hoff | ) www.businessinsider.com time to read: +7 min

Why Americans might be getting worried about the job marketIn some ways, Americans' growing pessimism in the job market is perplexing. That's because the job market has become more challenging than it was a couple of years ago, when the Great Resignation was at its peak. So, it's possible that some Americans in certain industries are facing a job market where openings are far from abundant. For example, there's some evidence that the job market for high-wage roles has cooled over the past year. Julia Pollak, the chief economist at ZipRecruiter, told Business Insider earlier this month after April's labor market figures were released by the Bureau of Labor Statistics that it is "no longer a white-hot labor market" or a job "candidate's market in every industry where workers can get whatever they want."

Persons: —, they'd, hasn't, What's, Joanne Hsu, Julia Pollak Organizations: Service, York Fed's Survey, Consumer, Business, NY, of Labor Statistics, Bureau of Labor Statistics, New, Fed, LinkedIn, NY Fed, University of, Labor Locations: York

☆ Buckle up America: Powell says interest rates will likely stay higher for longer as inflation stubbornly refuses to come down
▼ + stars: | 2024-05-16 | by ( Ayelet Sheffey | Madison Hoff | ) www.businessinsider.com time to read: +6 min

Read previewInflation and interest rates are still high, but Americans shouldn't count on any relief just yet. Advertisement"The status of the battle against inflation requires that interest rates remain elevated in the near-term," Hamrick said. "The first quarter in the United States was notable for its lack of further progress on inflation," Powell said during the panel. But while job seekers and workers may find this cooldown concerning, that moderation is also welcome and the labor market is still strong. "Paired with high borrowing costs — like high interest rates on your credit cards — and the current economy can feel quite uncomfortable," Renter added.

Persons: —, That's, Mark Hamrick, Hamrick, Jerome Powell, Powell, Joanne Hsu, Nick Bunker, Ted Rossman, Rossman, Elizabeth Renter, Renter, it's Organizations: Service, Federal Reserve, Bureau of Labor Statistics, CPI, Business, Federal, University of Michigan, North America Locations: Amsterdam, United States, —

☆ Interest-rate cuts could be coming this fall, adding another wrinkle to an election set to focus on the economy
▼ + stars: | 2024-05-16 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

In today's big story, inflation is cooling just in time for a US presidential election that will likely focus heavily on the economy . This story is available exclusively to Business Insider subscribers. The big storyThe economy and the electionAnna Moneymaker/Getty, Anna Moneymaker/Getty, Tyler Le/BISometimes, the biggest surprise is when there isn't one at all. AdvertisementOn Wednesday, Biden and Trump agreed to face off in two debates, the first coming in June . Now he has 18 direct reports, according to an internal org chart seen by Business Insider.

Persons: —, Anna Moneymaker, Tyler Le, haven't, Insider's Madison Hoff, they're, Jennifer Sor, Ed Yardeni, Jerome Powell hasn't, Powell, Donald Trump, Joe Biden, Trump, Biden, Trump's, Alyssa Powell, Keith Gill's, Jim Simons, Shaw, Goldman Sachs, David Kostin, Sameer Samat, Sundar Pichai, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, Business, Biden, White, Democratic, Renaissance Technologies, Sigma, Bloomberg, Android, Google, Microsoft, Apple, Walmart Locations: New York, London

☆ Inflation slightly cooled off in April as expected
▼ + stars: | 2024-05-15 | by ( Madison Hoff | ) www.businessinsider.com time to read: +1 min

The Consumer Price Index increased 3.4% year over year in April, just below March's rise of 3.5%. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementInflation in the US is still above 3%, new Consumer Price Index data released on Wednesday suggested, but cooled off slightly in April. The Consumer Price Index or CPI, an inflation measure, climbed 3.4% from April 2023 to this past April. This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Service, Index, Business Locations: Investing.com

☆ Texas' labor market is booming. Here are the 26 highest-paying jobs in the Lone Star State.
▼ + stars: | 2024-05-14 | by ( Madison Hoff | ) www.businessinsider.com time to read: +1 min

Texas is seeing a strong labor market, with record-high employment figures. Business Insider looked at Bureau of Labor Statistics data to check out how pay looks in Texas. Texas' best-paying jobs are athletes and sports competitors, but around two dozen jobs pay over $175,000 on average. March data from the Bureau of Labor Statistics shows the state has a record-high number of people in the labor force and a record-high number of jobs. Starting in June 2023, the unemployment rate in Texas has consistently been 3.9%, and the rate has been close to or at the national unemployment rate during 2024 so far.

Persons: — Organizations: of Labor Statistics, Service, Bureau of Labor Statistics, Business Locations: Texas . Texas, Texas

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