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Thirty years ago, officials at the Federal Reserve were hotly debating whether the economy could continue to chug along so vigorously without spurring a pickup in inflation. And back in 1994, it turned out that it could, thanks to one key ingredient: productivity. Now, official productivity data are showing a big pickup for the first time in years. If the answer is yes, it would have huge implications for the U.S. economy. And a steady pickup in productivity could allow the economy to take off in a healthy way.
Organizations: Base, Federal Reserve Locations: U.S
A self-proclaimed "serial plant killer" went on ABC's "Shark Tank" — and came away with a $300,000 offer for his houseplant health company Flora. Flora was founded in 2022 by Aabesh De, a former Microsoft employee who quit his "cushy" six-figure job to build a soil meter and accompanying app that alerts people about the health of their houseplants. "My dear mother gave me her prized rose bush plant that she had for years," De, 29, said on the show. "I would never go for a subscription model after buying [the soil meter]," she said. "I think you're smart as hell, and I like to invest in people who are smart as hell," Greiner said.
Persons: Aabesh De, De, we've, weren't, Robert Herjavec, Mark Cuban, Kevin O'Leary, O'Leary, Barbara Corcoran, Lori Greiner, Greiner, You've Organizations: Microsoft, CNBC Locations: Flora
A lot of workplaces these days have in-office mandates, with bosses who get upset if employees don't physically show up. Frank Weishaupt, CEO of Boston-based video conferencing equipment maker Owl Labs, isn't one of those bosses. He actively encourages his employees to create schedules that work for them, in locations that make sense, he says — even if what makes sense is "coffee badging." I don't hire people to watch them work," Weishaupt says. Coffee badging may seem like an inefficient use of time, but flexible schedules like this can boost efficiency and morale.
Persons: Frank Weishaupt, it's, Weishaupt Organizations: Boston, Owl Labs, Yahoo, Gartner, Disney
"At a young age, I would write down all the tricks I wanted to learn," says Toby Miller, the pro snowboarder. A 2015 study led by psychologist Gail Matthews corroborates this goal-setting hierarchy: 43% of participants who merely thought about their goals achieved them (or were well on their way to success). Eric Potterat, PhD, is a performance psychologist who helped create the mental toughness curriculum used in Navy SEALs training. He spent 16 years at Google, partnering with executives to communicate the company's story to clients, partners, employees, and the public. He is the co-author of the books "How Google Works," "Trillion Dollar Coach," and most recently, "Learned Excellence."
Persons: we've, We've, Toby Miller, Gail Matthews corroborates, Eric Potterat, He's, Alan Eagle Organizations: Google, Navy, Los Angeles Dodgers, soccer team, Miami Heat, Olympic, NASA Locations: U.S
Money is, simply, "a tool to help you live the life you want to," von Tobel says. Keep it practicalTalk to your kids about money in ways that make sense to them, von Tobel advises. "When you're walking through a store and your child wants something, pick it up [and] show them the price," says von Tobel. Adults often associate money with stress, because they're only thinking about "the things you didn't have," von Tobel says. "Trying to orient kids to have very positive, empowering moments around money early in their lives, we know from data [that] can change their life."
Persons: Alexa von Tobel, Von Tobel, It's, von Tobel, doesn't, Tobel Organizations: Harvard University, Northwestern Mutual, National Financial Educator's, CNBC
In 2017, two cousins with absolutely zero professional baking experience decided to open a cookie business together. Now, Crumbl Cookies has more than 980 stores across the U.S., topping $1 billion in sales across all franchises while selling more than 300 million cookies in 2022, according to co-founders Jason McGowan and Sawyer Hemsley. They grew confident enough in a single recipe, Crumbl's signature chocolate-chip cookies, to build their first location around it. Individual Crumbl cookies typically cost between $4 and $5 apiece, with the per-cookie price decreasing if you order packs of four, six or 12, according to the company's website. TikTokers use it to post reviews, both positive and negative, of Crumbl's cookie flavor drops.
Persons: Jason McGowan, Sawyer Hemsley, McGowan, Hemsley, Crumbl Organizations: Utah State University, CNBC Locations: U.S, Logan , Utah
Relying on his ace piloting skills, Armstrong manually navigated to a safe landing site, with only 30 seconds of fuel left. NASAAfter launching early Thursday morning, the Odysseus lunar lander, or “Odie,” is on a historic journey to the moon. The mission, developed by NASA and Houston-based Intuitive Machines, will aim to land near the lunar south pole on February 22. Ocean secretsResearchers created a 3D model of the submerged stone wall as it appears on the seafloor in Germany’s Bay of Mecklenburg. They find wonder in planets beyond our solar system and discoveries from the ancient world.
Persons: CNN —, Neil Armstrong, Buzz Aldrin, Armstrong, it’s, Odie, , Jeff Koons, Artemis III, Charles Darwin, Dr, John van Wyhe, Darwin, . Hoy, J . Auer, LAKD, , Gaurav, Gaurav Ramnarayanan, Uma Ramakrishnan, Ashley Strickland, Katie Hunt Organizations: CNN, NASA, Darwin, National University of Singapore, University of Rostock, Wildlife, National, for Biological Sciences, Space Station, CNN Space, Science Locations: United States, Houston, Germany’s Bay, Mecklenburg, Bay, Baltic, SS Arlington, Superior, Denmark, Lincoln , Nebraska, British Columbia
"This dedicated AI program will accelerate students to become AI leaders as quickly as possible in order to address societal challenges as soon as possible." At Penn, all students in the AI program will be required to satisfy an ethics requirement. The new AI courses will be available to all Penn students, regardless of their major. "A cohort of AI engineering students makes for the perfect educational laboratory for testing how best to integrate AI in learning." Penn's new degree will be "training students for jobs that don't yet exist," Ghrist said in the press release.
Persons: Penn grads, Neera, George Pappas, Pappas, Robert Ghrist, Andrea Mitchell, Ghrist Organizations: University of Pennsylvania, Ivy League, Penn, Intelligence, Carnegie Mellon's School of Computer Science, Purdue's College of Science, Stanford University and Massachusetts Institute of Technology, UPS, Penn Engineering, CNBC, Robotics, Machine, Andrea Locations: Penn, U.S
On the day they held their first official workout, the Baltimore Orioles announced pitcher Kyle Bradish will open the season on the injured list with a sprained ulnar collateral ligament. Orioles general manager Mike Elias said Bradish received a platelet-rich plasma injection to treat the injury. “He’s going to start his throwing progression tomorrow, but that progression is going to be something that takes some time. Bradish’s injury is particularly notable because the Orioles already are unsure about left-hander John Means’ status for the start of the season. MANUEL RETURNSFormer Philadelphia Phillies manager Charlie Manuel made his first visit to the ballpark since he suffered a stroke in September.
Persons: Kyle Bradish, Mike Elias, Bradish, , ” Elias, “ He’s, I’m, ” Bradish, Justin Verlander, Cy Young, ’ ’ Verlander, John Means, Corbin Burnes, Gunnar Henderson, Elias, MANUEL, Charlie Manuel, Manuel, Francisco Lindor, Buck Showalter, Billy Eppler, Nobody, , Dan Gelston, Marc Berman, Chris Nelsen, ___ Organizations: Baltimore Orioles, Orioles, AL East, Houston Astros, Cy, Milwaukee Brewers, , Former Philadelphia Phillies, Phillies, NL East, Tampa Bay Rays, Philadelphia, New York Yankees, Fame, Minnesota Twins, Los Angeles Dodgers, New York Mets, Mets, Diamondbacks, Rangers Locations: Cleveland, Clearwater , Florida
The YouTuber — real name Jimmy Donaldson — rakes in hundreds of millions of dollars from his YouTube channel and Feastables food brand. But despite bringing in revenue between $600 million and $700 million each year, Donaldson says he's not rich. His massive channel has 239 million subscribers, and his videos regularly get well over 100 million views. "Each video does a couple million in ad revenue, a couple million in brand deals," he told Time Magazine this week, which noted that brands pay between $2.5 million to $3 million for a shout-out in a video. "I've reinvested everything to the point of—you could claim—stupidity, just believing that we would succeed," he said.
Persons: Jimmy Donaldson, Donaldson, he's, doesn't, it's Organizations: YouTube, Time, New York
Christopher Nolan's quirks as a director are well known, from the absence of chairs on his sets to his refusal to use a smartphone or email. Robert Downey Jr., who appeared in Nolan's historical epic "Oppenheimer" this past summer, says the 53-year-old director has a very specific quality that makes him a great leader. "He won't ask anyone to do anything that he's not a thousand percent willing to do himself, twice as hard," Downey Jr. told Variety in a joint interview with costars Cillian Murphy and Emily Blunt last month. A Nolan set, Murphy said, can feel "a bit like a private, intimate laboratory," something he appreciates as a performer. "Oppenheimer" earned 13 nominations at next month's Oscars, including acting nods for Murphy, Downey Jr. and Blunt, as well as Best Director for Nolan.
Persons: Christopher, Robert Downey Jr, Oppenheimer, Downey, costars Cillian Murphy, Emily Blunt, Murphy, Nolan, Chris, Nolan —, — Murphy, there's, Downey Jr, Blunt Organizations: GQ Locations: Dunkirk, British
One of the best candidates Bert Bean has ever hired in his 19-year career as a recruiter-turned-CEO landed the job by talking about shrimp during her interview. "I remember thinking to myself: 'If you can do that, you must have an incredible work ethic' … it sold me." Although years have passed since that conversation, Bean says employers still value candidates with grit, adding that it's the top soft skill employers assess candidates for during an interview. "Especially right now, when employee productivity is slipping and companies struggle against inflation, you want someone who can persevere when times get tough." Take CNBC's new online course How to Ace Your Job Interview to learn what hiring managers are really looking for, body language techniques, what to say and not to say, and the best way to talk about pay.
Persons: Bert Bean, Bean, you've Organizations: Insight
Before the Oscar nomination, before the sweatshirts and the mojo dojo casa house, it took some convincing to get Ryan Gosling to say "I'm Just Ken." In a recent profile in Variety, Gosling said he passed on the film when it was brought to him. And I would call months later to my agents or something and say, 'Hey, who did they get to play Ken?' Margot Robbie, who in addition to playing the titular Barbie also produced the film, pulled out all the stops to land her perfect co-star. On top of a reported salary of $12.5 million, it was an out-of-the-box offer from Robbie that put Gosling over the edge.
Persons: Ryan Gosling, Ken, Gosling, Greta, it's, Greta Gerwig, Margot Robbie, Barbie, I'm, Robbie Organizations: mojo, Variety
And it could explain why Gen Z workers are so much more unsatisfied with their jobs than their older colleagues. Age plays a role in explaining the gap, but Gen Z is also entering the workforce at a unique time. In EY's 2023 Gen Z survey, more than 50% of Gen Zers said they were "extremely worried about not having enough money." For much of Gen Z, a job is just a job. In a Deloitte study from March, only 61% of Gen Z participants said their work was important to their identity.
Persons: Kimi Kaneshina isn't, Wyatt Co, Xers, Zers, millennials, Gen Zers, Aki Ito, That's, Kaneshina, Julia Kensbock, Kensbock, haven't, Kensbrock, , Gen Z, Corey Seemiller, Seemiller, Felizitas, Z Organizations: Pew Research, Research, Business, University of Bremen, Bain, Co, Workers, Employers, Labs, CFA, LaSalle Network, Wright State University, YouTube, LinkedIn, Deloitte Locations: Southern California, Germany, TikTok, Felizitas Lichtenberg
For individuals who are seeking happiness, the answer is pretty simple and may also be of some use to businesses as well. 1 thing people can do to feel happier, Santos says "it would be engaging in social connection." "And my earliest love was ice cream. This prompted Bunn to think about how she could "use ice cream as a tool to bring people together" with a heightened focus on fostering "connection and imagination." So how can businesses similar to the Museum of Ice Cream tap into the happiness booster that is social connection?
Persons: Laurie Santos, Santos, Maryellis Bunn, Bunn, she's Organizations: U.S, CNBC, Museum of, of Locations: United States, Post
Move over Disney World, there's a new celebration destination for one of this year's Super Bowl hopefuls. Indeed, Chiefs quarterback and reigning Super Bowl MVP Patrick Mahomes made clear that he expects his team to be focused on the game instead of the temptations of Sin City. If the Chiefs come out on top and help Mahomes earn his third ring, the 28-year-old said he'll make sure the team gets to experience Vegas properly. It's an expensive proposition — the Chiefs' full Super Bowl roster is 53 players — but Mahomes can afford it. Last Christmas, he gifted each member of the Chiefs offensive line electric golf carts customized with their name and number.
Persons: Patrick Mahomes, James Palmer, Mahomes, he'll, It's Organizations: Disney, Kansas City Chiefs, San Francisco 49ers, Chiefs, Super, NFL Locations: Las Vegas, Sin City, Vegas
"The biggest mistake couples make is not owning what's going on," she says. But, it'll save you lots of money and time if you simply cut out the middle man, Wasser says. Couples will often use lawyers to hash out tedious requests, most of which don't require any legal expertise. The average price of an uncontested divorce is between $1,500 and $5,500, according to reporting by CNBC. "I'm not saying divorce lawyers are evil people," she says.
Persons: Wasser, Kim Kardashian, Britney Spears, Ariana Grande, I'm Organizations: CNBC
If Bill Gates met a time traveler from the year 2100, his first question wouldn't be about his family, or Microsoft's stock price. "In the end, it's all measured through human welfare," Gates said on the most recent episode of his podcast, "Unconfuse Me." Gates asked Ritchie for her "top questions" to ask a time traveler from the future. The answer would reveal quite a bit about poverty rates in the future, and whether "we have made progress on health, agriculture, poverty," Ritchie said. But upon reflection, despite his personal interests in energy and AI, Gates changed his mind and aligned his response more closely with Ritchie's question.
Persons: Bill Gates, he'd, Gates, Hannah Ritchie, Ritchie, Ritchie — Organizations: Microsoft, University of Oxford, World Bank
The difference between landing a job offer or a rejection can come down to how well you adjust to a fast-paced environment and interact with your colleagues. Communication is the top skill companies are hiring for right now, while adaptability is a soft skill that's "increasingly in demand" across a wide range of industries, according to new research from LinkedIn. Employers want to hire people who can quickly adapt to these ongoing changes, says LinkedIn vice president Aneesh Raman. "Adaptability is the best way to have agency right now," he notes in the report. "At its core, communication is essential for connecting, inspiring, building trust and getting work done effectively," she adds.
Persons: Catherine Fisher, Aneesh Raman, Fisher, What's, they're, you've Organizations: LinkedIn, Project, CNBC, Employers Locations: U.S
AzmanL/Getty ImagesHuman resources leaders urge job applicants to prepare questions to ask during the interview or risk being perceived poorly. Getting the recruiter's name wrong —24.4%Going into the interview without knowing who's interviewing you can rub recruiters the wrong way. Not dressing appropriately — 28.2%Wearing a questionable outfit to your job interview could make a bad impression on the recruiter. Getting the name of the company wrong — 28.4%You may be interviewing for multiple jobs at a time. Obradovic/Getty ImagesThe biggest pet peeve for hiring managers, Ringover's survey shows, is when a job candidate is late to the interview.
Persons: , Amy Hoover, TalentZoo, Teri Hockett, sturti, CareerBuilder, fizkes, Obradovic, Tardiness Organizations: Service, What's, Getty, LinkedIn, Zapier
Usher will dominate the airwaves for 15 minutes on Sunday night when he takes the stage for the Super Bowl 58 halftime show. singer says that on days he performs, his preparation routine starts first thing in the morning. It's a long process, but rather than being exhausted by the time he steps off of the stage, Usher says he feels energized. "But I'm doing something that I really, really enjoy doing." Earlier this year, the 45-year-old performer told Vogue that he gives himself affirmations in the mirror in the morning.
Persons: Usher, It's, Vogue, affirmations Organizations: Super, GQ
According to a recent report by Gympass, a hub used by corporations to extend wellness activities to their employees, working out is the new "happy hour" for professionals. Additionally, Saturdays and Sundays were the least popular days when people logged that they were doing something wellness-related, according to the report. Tuesday was the most popular day that people noted they were going to the gym, attending fitness classes and other wellness services. 3 most popular days to engage in wellness activities, respectively. The shift to less happy hours and more time for fitness tracks with the trend that we're seeing to a higher emphasis on wellness.
Persons: Gympass, Gen Z
Emotional intelligence, which is the capacity to understand and control our emotions, as well as being sensitive to others' feelings, nurtures our relationships and boosts our empathy. With higher emotional intelligence, you're also better equipped to grasp and empathize with the emotions of others, fostering deeper, more fulfilling relationships. Here's how my emotional intelligence has grown since I've gotten older:1. I feel more compassion for othersAs I age, I've softened ... and not just around my belly. I'm able to positively reappraise negative experiences, like getting stuck in traffic in an Uber (interpretation: great chance to meditate).
Persons: I've, Don Miguel Ruiz, Chip Conley, Joie, Conley Organizations: Development, Hospitality, Global Hospitality, Elder Locations:
LAS VEGAS (AP) — Las Vegas proposed to the NFL in December 2021. “Let’s just marry these brands, and let’s bring the Super Bowl here,” Steve Hill, president and CEO of the Las Vegas Convention and Visitors Authority, recalled telling a room of NFL franchise owners. The betrothal culminates Sunday in a not-so-intimate ceremony at Allegiant Stadium, where the city will host its first-ever Super Bowl. He isn’t alone in his excitement: Parking spots for private jets in and around Las Vegas have all been spoken for. Strolling across that span after a major event like the Super Bowl makes for a memory that can't be recreated, Naft said.
Persons: “ Let’s, let’s, Steve Hill, Elvis Presley impersonators, Vince Lombardi, , Seth Kaplan, Kaplan, Guy Fieri, Jeff Frederick, isn’t, , Michael Naft, Mark Davis, Naft, Ty O'Neil Organizations: LAS VEGAS, NFL, Las Vegas Convention, Visitors Authority, Vegas, San Francisco 49ers, Kansas City Chiefs, Maxim, Royale, Resorts, Chapel, Bellagio, Aria, MGM Resorts International, , Las Vegas Raiders, Super Locations: Las Vegas, Bellagio, Australia, Clark, Vegas, Nevada
It's important to be prepared for a job interview, but there's such a thing as being over-prepared, too. Then, check sites like Glassdoor to hear from previous candidates what questions were asked during the hiring process. "That way when you're in an interview, you're focused on answering the question instead of going off of some pre-rehearsed script." Costa says candidates should also avoid one major mistake that can be "an easy strike" against you as a candidate, especially for a competitive job. Take CNBC's new online course How to Ace Your Job Interview to learn what hiring managers are really looking for, body language techniques, what to say and not to say, and the best way to talk about pay.
Persons: Neil Costa, he's, Costa, that's
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