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☆ Tesla is stuck in the mud
▼ + stars: | 2024-04-17 | by ( Graham Rapier | ) www.businessinsider.com time to read: +5 min

In all, Tesla said it would cut more than 10% of its workforce, amounting to more than 14,000 people. Tesla is also losing some key top executives: Drew Baglino and Rogan Patel announced this week they would leave the company. AdvertisementIt's unclear what, exactly, Tesla plans to show off in August as a self-driving, revenue-generating new product. He also reportedly said Tesla robotaxis would be able to do 100 hours of work a week for their owners. According to Reuters, Tesla has ended plans for another one of Musk's longtime pet projects: a truly affordable EV.

Persons: —, Elon Musk, Tesla, Drew Baglino, Rogan Patel, Baglino, Patel, Musk, Ryan Brinkman, Kelley, Adam Jonas Organizations: Service, Business, CNBC, Reuters, JPMorgan, US Locations: China, Europe, Asia, Mexico

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin briefly drops below $60,000 for the first time since March 5: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Tiago Sada, head of product, engineering and design at Tools for Humanity, Worldcoin's parent company, explains the identity platform's new layer 2 blockchain.

Persons: explainers, Tiago Sada Organizations: CNBC Crypto, CNBC, Humanity

☆ Space garbage hits Florida home, NASA confirms
▼ + stars: | 2024-04-16 | by ( Jackie Wattles | ) edition.cnn.com time to read: +5 min

CNN —A piece of garbage jettisoned from the International Space Station unexpectedly survived a fiery reentry from orbit last month and pierced the roof of a home in Florida, according to NASA. Garbage disposal in spaceNASA routinely brings home batches of science experiments, cargo and garbage from the space station using capsules such as the Dragon spacecraft built by SpaceX. But after the installation of new batteries on the space station in 2021, authorities disposed of a pallet of aging nickel-hydrogen batteries in a different way. But the debris that struck Otero’s house was the result of miscalculations about how space garbage would behave. The space agency should be more conservative in its analysis if it attempts a similar trash disposal method in the future, he added.

Persons: ” Alejandro Otero, Otero, ” Otero, “ I’m, Otero’s, John Crassidis, ” Crassidis Organizations: CNN, International, NASA, WINK News, Kennedy Space Center, SpaceX, European Space Agency, ESA, China National Space Administration, University, Buffalo’s School of Engineering, Applied Locations: Florida, Naples , Florida, China

☆ Scientists solved the 70-year-old mystery of an insect's invisibility coat that can manipulate light
▼ + stars: | 2024-04-15 | by ( Ellyn Lapointe | ) www.businessinsider.com time to read: +5 min

"This is really the first study to understand how the brochosome's complex geometry interacts with light," Wong said. After almost a decade of research, they managed to 3D print the world's first synthetic brochosomes. Wong's future research will partly focus on making smaller synthetic brochosomes to target the shorter end of the electromagnetic spectrum. Yaorusheng/Getty ImagesAlthough Wong's synthetic brochosomes mark a major step towards invisibility-cloaking technology, scientists are still decades away from bringing anything to market. "Depending on our imagination, I think there are many cool applications that can come out of brochosomes," Wong said.

Persons: —, Tak Sing Wong, aren't, Lin Wang, Wong Brochosomes, Wong, Wong's, brochosomes, Hao Xin Organizations: Service, Pennsylvania State University, Penn State, Business, University of Arizona, European Union Locations: brochosomes

☆ Snap offers as much as $500,000 in base salary to top Snapchat talent. Here's pay data on US jobs in engineering, sales, and more.
▼ + stars: | 2024-04-13 | by ( Ashley Rodriguez | Shriya Bhattacharya | ) www.businessinsider.com time to read: +27 min

Despite laying off full-time staff earlier this year, Snap has open roles in areas including engineering, sales, and marketing. On April 12, Snap had globally listed 142 open positions on its jobs board, including 88 openings in US cities. Related storiesMany of Snap's applications included annual salary ranges rather than a single salary for a given role. For example, Snap included a pay rate of $97,760 and $140,000 a year for one software engineer position. In cases where Snap submitted multiple applications for a particular job, such as a level III software engineer, we included the lowest and highest salary for the role as well as the median range.

Persons: Dan Whateley Organizations: Stars, Advertising Research Center, Business, US, of Foreign Labor, Department of Labor, Inc, Santa, Research, Data, Analytics, CRM Technology, Finance Technology, IT Corp Services, Learning, Partner, Engineering, Security Engineering, Software, Software Engineering, Oracle Systems, Assurance, iOS, Wireless Network, Global, Lens, Advisory Partners, Corporate, Corporate Finance, Strategic Locations: Santa Monica, Seattle, View, Palo Alto , New York, San Francisco

☆ Overlooked No More: Lizzie Magie, the Unknown Inventor Behind Monopoly
▼ + stars: | 2024-04-12 | by ( Gavin Edwards | ) www.nytimes.com time to read: +1 min

This article is part of Overlooked, a series of obituaries about remarkable people whose deaths, beginning in 1851, went unreported in The Times. In 1933, he copyrighted the game, Monopoly, as his own invention and began selling it in toy stores and department stores. It also made Darrow a millionaire. But credit for the idea behind it should not have been his. Rather, it belonged to a woman from Illinois with a versatile résumé that included writing, acting, engineering and working as a stenographer: Lizzie Magie.

Persons: Charles Darrow, Darrow, Lizzie Magie Organizations: Times Locations: Philadelphia, Illinois

☆ Opinion | Fixing the Quality Problems at Boeing
▼ + stars: | 2024-04-10 | by ( ) www.nytimes.com time to read: +1 min

To the Editor:Re “‘Shortcuts’ Paint a Picture of Boeing Ceding Quality” (front page, March 31):The sad story of Boeing unfortunately seems to be a metaphor for this country. Boeing — before being taken over by management brought in through the McDonnell Douglas acquisition in 1997 — was by far the best plane maker in the world. But new management in the post-merger period stressed return on investment and profitability rather than engineering and quality, and the company’s culture shifted over time. To the Editor:Re “Boeing Chief to Resign in a Major Reshuffle” (Business, March 26):Boeing’s latest leadership overhaul will achieve the necessary results only if the company does the hard work of changing its culture as well. For years, Boeing has been plagued by a culture that has been described as “broken,” “sick” and filled with “secrecy and intimidation.” Employees were notoriously afraid to speak out about problems they saw internally.

Persons: McDonnell Douglas, —, Charles H, ” Organizations: Boeing, Quality, Swissair, Employees Locations: Marblehead, Mass

☆ AI fever is triggering a new hunt for tech talent on Wall Street. 5 recruiters outline in-demand tech roles that can pay from $250,000 to $2 million.
▼ + stars: | 2024-04-09 | by ( Bianca Chan | ) www.businessinsider.com time to read: +8 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewWall Street firms are switching into hiring gear. Banks, hedge funds, and private equity firms are back on the hunt for tech talent, several recruiters told Business Insider. Across the Street, finance firms are witnessing the AI transformation being led by tech giants like OpenAI and Nvidia. Hodzic added that, on average, the technology business at Selby Jennings is registering 25% more job orders a week compared to this time last year.

Persons: —, Giancarlo Hirsch, Deepali Vyas, she's, Vyas, Ben Hodzic, Selby Jennings, Hodzic, Glocomms, Hirsch, whittle, Banks, Andy Legg, Dennis Baden, Baden, Korn Ferry's Vyas Organizations: Service, Finance, Business, Blackstone, JPMorgan, Vyas, Nvidia, They're, Wall, Riviera Partners, Google, Banks Locations: Selby

☆ Nuclear fusion experiment sets record for time at 100 million degrees Celsius
▼ + stars: | 2024-04-01 | by ( Laura Paddison | ) edition.cnn.com time to read: +3 min

Often referred to as the holy grail of climate solutions clean energy, fusion has the potential to provide limitless energy without planet-warming carbon pollution. KSTAR’s work “will be of great help to secure the predicted performance in ITER operation in time and to advance the commercialization of fusion energy,” Si-Woo Yoon said. This announcement adds to a number of other nuclear fusion breakthroughs. But commercializing nuclear fusion still remains a long way off as scientists work to solve fiendish engineering and scientific difficulties. Nuclear fusion “is not ready yet and therefore it can’t help us with the climate crisis now,” said Aneeqa Khan, research fellow in nuclear fusion at the University of Manchester in the UK.

Persons: Woo Yoon, ”, Aneeqa Khan, Angela Dewan Organizations: CNN — Scientists, KSTAR Research, Korean Institute of Fusion Energy, CNN, International, Reactor, Lawrence Livermore, Oxford, University of Manchester Locations: South Korea, France, United States

☆ As Bridge Cleanup Gets Underway, Officials Warn of ‘Daunting’ Process
▼ + stars: | 2024-03-29 | by ( Michael Corkery | ) www.nytimes.com time to read: +1 min

With search and rescue efforts over, officials have fully turned to the cleanup and rebuilding phase in the aftermath of the collapse of the Francis Scott Key Bridge in Baltimore. But reconstructing the bridge will be a long process, federal and state officials cautioned. The bridge collapse on Tuesday, caused by a 985-foot ship that struck a critical component of the structure, has rocked Baltimore and the shipping industry at large. Officials have called off the search for the other missing men, who are presumed dead, saying divers can no longer reach the area where they believe more victims remain, and moved to a cleanup operation. Wes Moore of Maryland said of the process on Thursday, declining to give a timeline.

Persons: Francis Scott Key, Wes Moore, Maryland Organizations: Port, Baltimore Locations: Baltimore, Port of Baltimore

☆ Opinion: Boeing needs a completely different kind of boss
▼ + stars: | 2024-03-27 | by ( Opinion Tim Hubbard | ) edition.cnn.com time to read: +4 min

I am the backup plan.”Tim Hubbard University of Notre DameNow Boeing needs a backup to the backup. What does the portrait of an ideal leader for Boeing look like? Boeing’s new CEO needs to signal change. Boeing’s new CEO needs to embody the company the board wants Boeing to become. If the new CEO needs a blueprint of what their legacy could look like, they need only read up on the not-so-recent history of Boeing.

Persons: Tim Hubbard, CNN —, Dennis Muilenburg —, Max, David Calhoun, “, Tim Organizations: Management, Organization, Mendoza College of Business, University of Notre Dame, CNN, Boeing, Tim Hubbard University of Notre Dame, General Electric, Wall

☆ I invested most of my salary for 7 years and had enough to retire at 29. My best tips: start young, take risks and don't settle in expensive cities.
▼ + stars: | 2024-03-27 | by ( Lauren Crosmedlicott | ) www.businessinsider.com time to read: +7 min

Daniel George worked at Google X and then as a VP for JP Morgan after receiving his Ph.D. in 2018. After finishing my Ph.D. at 24 in 2018, I worked at Google X, leading AI for secret early-stage moonshot projects. When I started working at Google X in Mountain View, California, I made about $270,000 a year. Learn to negotiate payFor my first job at Google X, I was given an offer right after grad school and accepted it immediately. Find a partner who has similar goalsMy wife and I met at Google X.

Persons: Daniel George, Morgan, Daniel, —, JP Morgan Organizations: Google, Service, India Institute of Technology, University of Illinois, Invest, JPMorgan, JP Locations: Kerala, India, India Institute of Technology Bombay, Urbana, Champaign, Illinois, San Francisco , New York, Seattle, View , California

☆ Bridge accidents: Three ships have hit bridges in Argentina, China and Baltimore in just three months
▼ + stars: | 2024-03-27 | by ( Jessie Yeung | ) edition.cnn.com time to read: +7 min

These events all happened within the first three months of this year – and all after collisions with large commercial ships. And a month earlier, a large cargo ship collided with the Zárate–Brazo Largo Bridges crossing the Prana River in Argentina, according to now-shuttered government-run news agency Télam – severely damaging the ship, though the bridge remained intact. By contrast, in the Baltimore example, the water channel and bridge are wide and tall enough to accommodate large vessels – and the cargo ship hit the bridge pier, not the bridge itself, Andrawes said. But even these measures can only do so much in the event of a large cargo ship collision, Mercogliano said, pointing to the Baltimore collapse. “And even when the ship hit those dolphins, the ship was so large it towered over them and actually struck the bridge itself.

Persons: Francis Scott Key, DALI, ”, Sal Mercogliano, Télam, Bassem, Andrawes, it’s, Mercogliano, Baltimore Steve Helber, there’s, Jerome Hajjar Organizations: Hong Kong CNN, University of Illinois, Sunshine Skyway, Coast Guard, Structural Engineering, American Society of Civil Engineers Locations: Hong Kong, Baltimore, China, Argentina, Patapsco, Guangzhou, –, Largo Bridges, Urbana, Champaign, Florida

☆ I invested most of my salary for 7 years and had enough to retire at 29. My best tips: Start young, take risks, and don't settle in expensive cities.
▼ + stars: | 2024-03-27 | by ( Lauren Crosmedlicott | ) www.businessinsider.com time to read: +7 min

Daniel George worked at Google X and then as a VP at JPMorgan after receiving his Ph.D. in 2018. After finishing my Ph.D. at 24 in 2018, I worked at Google X, leading AI for secret early-stage moonshot projects. When I started working at Google X in Mountain View, California, I made about $270,000 a year. Learn to negotiate payFor my first job at Google X, I was given an offer right after grad school and accepted it immediately. Find a partner who has similar goalsMy wife and I met at Google X.

Persons: Daniel George, —, JP Morgan Organizations: Google, JPMorgan, Service, Indian Institute of Technology, University of Illinois, Invest Locations: Kerala, India, Indian Institute of Technology Bombay, University of Illinois Urbana, Champaign, Illinois, San Francisco , New York, Seattle, View , California

☆ Mark Zuckerberg and Jensen Huang just gave us a Meta-Nvidia crossover we never saw coming
▼ + stars: | 2024-03-27 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

Mark Zuckerberg seems to be a huge fan of chip giant Nvidia and its CEO, Jensen Huang. AdvertisementMeta and Nvidia CEOs Mark Zuckerberg and Jensen Huang just gave us a Big Tech fashion crossover for the books. AdvertisementA meeting between Zuckerberg and Huang wouldn't be surprising considering Zuckerberg's ambitions to expand aggressively into the AI space. In an earnings call last year, Zuckerberg told investors that AI will be Meta's "biggest investment area in 2024 for engineering and compute resources." Advertisement"We have built up the capacity to do this at a scale that may be larger than any other individual company," Zuckerberg told The Verge.

Persons: Mark Zuckerberg, Jensen Huang, Huang, Zuckerberg, Meta, —, he's, Ambani, Priscilla Chan, Alexander McQueen, Anant Ambani's Richard Mille, Huang wouldn't Organizations: Nvidia, Service, Big Tech, Meta Locations: Jersey, Asia

☆ Here's who could be responsible for paying for the Baltimore bridge disaster
▼ + stars: | 2024-03-27 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +5 min

Read previewThe Francis Scott Key Bridge in Baltimore collapsed on Tuesday after a large container ship ran into it, leading to six presumed deaths and millions of dollars in possible damage. President Joe Biden said on Tuesday the federal government should be responsible for paying to reconstruct the damaged Francis Scott Key Bridge. The Francis Scott Key Bridge, named for Francis Scott Key, the author of the Star Spangled Banner. Drone footage shows aftermath of the Dali container ship's collision into the Francis Scott Key Bridge in Baltimore, Maryland, on March 26, 2024. AdvertisementThe Dali is covered by the Britannia Steam Ship Insurance Association Ltd., known as Britannia P&I Club, according to S&P Global Market Intelligence.

Persons: —, Francis Scott Key, It's, Joe Biden, Biden, David MacKenzie, Dali, Ryan Petersen, Petersen, John Miklus, Britannia Organizations: Service, Business, Sky News, Star, Getty Images Baltimore, Maersk, Synergy Group, Anadolu Agency, Reuters, American Institute of Marine Underwriters, Insurance, Britannia Steam Ship Insurance Association Ltd, P Global Market Intelligence, International Group Locations: Baltimore, Dali, Singapore, Baltimore , Maryland, Britannia, London

☆ I've been a Southwest pilot for 33 years. The loneliness affects my mental health, but I've learned tricks for coping.
▼ + stars: | 2024-03-27 | by ( Jen Glantz | ) www.businessinsider.com time to read: +8 min

Robert Graves started flying in the Air Force and has been a Southwest Airlines pilot for 33 years. On an average day, I'll pilot three to five flights. When I'm away as a pilot, I'm by myself, but when I'm back home, I'm a husband and a dad to four kids. I rarely know the other pilot I'm flying with. If that's the case, I'll spend the night grabbing dinner, going to the gym, taking a walk, or exploring the city alone.

Persons: Robert Graves, —, I'm, I've, Dale Carnegie, I'd, we'll, walkable downtowns, we're, That's, It's Organizations: Air Force, Southwest Airlines, Service, FAA Locations: layovers, Japan, Nashville, Baltimore, San Diego

☆ Who can fix Boeing? Here are some potential CEO candidates
▼ + stars: | 2024-03-27 | by ( Chris Isidore | ) edition.cnn.com time to read: +12 min

New York CNN —Since its founding by William Boeing more than a century ago, the Boeing Company has had 12 CEOs. What Boeing wants in its new CEOWhen picking a new CEO, the company likely has two pools of choices. Or it can once again pick a leader like outgoing CEO Calhoun, who has a financial background and an undergraduate degree in accounting. Spirit was the only one to comment, but it did not address the possibility of Shanahan becoming Boeing CEO. Culp has an undergraduate degree in economics and an MBA from Harvard, a business background more than an engineering background.

Persons: William Boeing, Dave Calhoun, Calhoun, “, ”, Sir Tim Clark, ” Calhoun, “ It’s, Richard Aboulafia, Pat Shanahan Pat Shanahan, Donald Trump, Shanahan, “ Mr, Joe Buccino, Larry Culp Larry Culp, Jack Welch, Culp, Aboulafia, Kathy Warden Kathy Warden, Northrop Grumman, Northrop, Warden, ” Aboulafia, Mary Barra, Greg Smith Greg Smith, Smith, Alan Mulally Aboulafia, Alan Mulally, Ford, Mulally, It’s, Ron Epstein, ’, Stephanie Pope, Brian West, Pope, West, Elizabeth Lund Organizations: New, New York CNN, Boeing Company, Boeing, Alaska Airlines, Emirates Airlines, CNBC, US Department of Defense, CNN, General Electric, GE Aerospace, GE, Danaher Corp, Harvard, Northrop, General Motors, Barra, American Airlines, Ford, Detroit, GM, DaimlerChrysler, Chrysler, of America, Airplanes, GE Aviation, Services, Boeing Commercial Airplanes Locations: New York, American, Calhoun

☆ The Baltimore bridge disaster is what happens when 95,000 tons of modern cargo ship meets America's aging infrastructure, experts say
▼ + stars: | 2024-03-26 | by ( Marianne Guenot | Mia Jankowicz | ) www.businessinsider.com time to read: +6 min

A loss of propulsion would have had an effect on the rudder's ability to steer effectively, Lipian told BI. Related stories"There's no brakes on a ship," Lipian added. Instead of building bridges strong enough to withstand a direct impact from a ship, engineers focus on deflecting a wayward vessel from its path. AdvertisementIn fact, engineers would struggle to design a bridge capable of stopping a ship as large as the Dali, she said. Newer bridges, built with heavier cargo ships in mind, may include larger gaps between the supporting piers, Broyd said.

Persons: —, Dali, Wes Moore, Henry Lipian, Lipian, Moore, Tim Broyd, Francis Scott Key, Broyd, Lorna Wharton, Rick Geddes, Mark Richards Organizations: Service, National Transportation Safety Board, Business, FBI, NBC, Forensics, US Coast Guard, Port, Maryland Association of Pilots, Gov, Infrastructure Security Agency, ABC News, University College London, UK's, of Civil Engineers, COWI, Cornell University Infrastructure Policy, BI Locations: Maryland

☆ The best- and worst-paying college majors, 5 years after graduation
▼ + stars: | 2024-03-24 | by ( Mike Winters | ) www.cnbc.com time to read: 1 min

If you want to make the most money possible right after college, study to be an engineer. Engineering degrees occupy nine of the top 16 college majors with the highest incomes five years after graduation, a recent New York Federal Reserve study reveals. Computer engineering majors ranked first with an annual median salary of $80,000, followed by chemical engineering and computer science — the only two other majors that earn more than $75,000 annually. They make roughly double that of the lowest-paid majors, which tend to be degrees in the liberal arts or humanities. Here are the 16 highest-paying college majors, five years after graduation:

Organizations: York Federal, Computer

☆ The genius Roman creations that still amaze us today
▼ + stars: | 2024-03-23 | by ( Guy Kesteven | ) edition.cnn.com time to read: +13 min

That’s because Roman passions for outrageous, oversized architecture went hand in hand with detailed record-keeping and relentless imperial PR. We should warn you that the lines to get in now are likely even longer than the Roman ones though. While it was forgotten for over 1,000 years, this UNESCO World Heritage site now gets over 2,500,000 visitors a year. Mahmud Turkia/AFP/Getty ImagesWhat: Spectacularly preserved Roman portWhere: Libyan coastWhoa: Seeing is still not believingThe undoubted winner of the “most incredible Roman site you’ve never heard of” award is Lepcis Magna. That’s made this dramatic structure a designated UNESCO World Heritage site and well worth a visit on any Roman road trip across Europe.

Persons: Genghis, Marco Cantile, Volcanically, Pliny, hadn’t, That’s, Pont du, Pont, it’s, Mahmud Turkia, you’ve, Magna, Septimus Severus, “, Emperor Augustus, Tiberius, Domitian, Nero, Maximus, Don’t, Augustus, Vindolanda, Hadrian, Antonine, Aphrodisia, Caracalla, Caracalla aren’t, Diocletian, Guy Kesteven, Sarah, Freya Organizations: CNN, Scottish Borders, UNESCO, Heritage, Lepcis Magna, Getty, Coliseum, YouTube, Royal Holloway University Locations: Rome, Africa, Scottish, Italy, Herculaneum, Naples, Mount, Gardon, France, AFP, Libyan, Libya, Palatine Hill, Trier, Germany, Europe, England, Roman, Scotland, Anatolia, Turkey, Aphrodisia, Caracalla

☆ Chrysler parent Stellantis laying off 400 salaried U.S. workers due to 'unprecedented uncertainties'
▼ + stars: | 2024-03-22 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

The Stellantis sign is seen outside the FCA Headquarters and Technology Center in Auburn Hills, Michigan, on Jan. 19, 2021. DETROIT — Stellantis is laying off roughly 400 salaried employees in the U.S. in its engineering, technology and software units to cut costs as the automaker faces what it calls challenging market conditions. Stellantis on Friday said the layoffs would affect about 2% of employees in those units "after rigorous organizational reviews." Stellantis employed 11,800 U.S. salaried employees as of the end of last year. A source familiar with the actions confirmed it at about 400 workers, a number first reported Friday by The Wall Street Journal.

Persons: Stellantis, Carlos Tavares Organizations: FCA Headquarters, Technology Center, DETROIT, Wall Street, Fiat Chrysler, French, PSA Groupe Locations: Auburn Hills , Michigan, U.S

☆ Laid-off techies face 'sense of impending doom' with job cuts at highest since dot-com crash
▼ + stars: | 2024-03-15 | by ( Alex Koller | ) www.cnbc.com time to read: +12 min

Last month's job cut count was the highest of any February since 2009, when the financial crisis forced companies into cash preservation mode. CNBC spoke to a dozen people who have been laid off from tech jobs in the past year or so about their experiences navigating the labor market. Additionally, some listings required applicants to have advanced degrees or professional experience in machine learning and artificial intelligence, a new development in Croisant's experience on the job market. "It is a combination of how well you brand yourself, about your access through networking to any given position — to the hidden job market." Still, Powers said she's trying to stay optimistic, "because giving up is not going to get me a job."

Persons: Ed Jones, Allison Croisant, Croisant, Roger Lee, Layoffs.fyi, Lee, I'm, Powers, who's, Tayfun, Christopher Fong, Fong, Michael Kascsak, Kascsak, It's, Lee of Layoffs.fyi, Amit Mittal, Amit Mittal Amit Mittal, Mittal, he's, Bill Vezey, —, Vezey, She's, would've, she's, Jennifer Elias Organizations: Afp, Getty, PayPal, Meta, Microsoft, eBay, Unity Software, SAP, Cisco, Wall, CNBC, Google, Anadolu Agency, Nationwide Locations: New York, Omaha , Nebraska, Comprehensive.io, Natchez , Mississippi, View , California, United States, Austin , Texas, U.S, who's, India, Chicago, Santa Cruz , California

☆ The 16 highest-paying college majors, 5 years after graduation
▼ + stars: | 2024-03-14 | by ( Mike Winters | ) www.cnbc.com time to read: 1 min

If you're looking for a college degree with maximum earning potential, you'll want to be an engineer. Engineering degrees took nine of the top 16 rankings for college majors with the highest income five years after graduation, according to a recent New York Federal Reserve study of full-time workers. Computer engineering majors ranked first with an annual median salary of $80,000, followed by chemical engineering and computer science — the only two other majors that pay more than $75,000 annually. STEM jobs — science, technology, engineering and mathematics — are expected to grow twice as fast as non-STEM jobs through 2031. Here are the 16 highest-paying college majors:

Organizations: York Federal, Computer

☆ College is still worth it, research finds — although these majors have the lowest rate of return
▼ + stars: | 2024-03-14 | by ( Jessica Dickler | ) www.cnbc.com time to read: +3 min

A recent study published in the American Educational Research Journal found that engineering and computer science majors provide the highest returns in lifetime earnings, followed by business, health and math and science majors. Education and humanities and arts majors had the lowest returns of the 10 fields of study considered. "However, there are significant differences across college majors." Overall, the researchers found that the benefits of higher education have held up, even as enrollment has declined and the labor market outcomes for those without a college degree have improved, Zhang said. For workers with a bachelor's degree, education was the lowest-earning field of study, followed by psychology and social work and the arts.

Persons: Liang Zhang, Zhang Organizations: Georgetown University Center, Education, Workforce, Federal Reserve Bank of New, American Educational Research, NYU Steinhardt School of Culture , Education, Human Development, Finance, Ivy League, Georgetown Center, Center Locations: Federal Reserve Bank of New York

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