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download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. She doesn't see her age as a reason to change, she told Women's World in May. Related storiesSzekely walks at least a mile each day, which she likes to do in local parks, she told Women's World. AdvertisementHer daily breakfast consists of bananas and yogurt, according to Women's World, but she doesn't shy away from the occasional treat — her favorite is coffee ice cream. Stay positive and have no regrets"The world has tons of problems, and you can't do anything about them," Szekely told Women's World.
Persons: , Deborah Szekely, Szekely, Women's, Deborah, she'll, Barrons, Dietitian Elena Paravantes, it's, Szekly Organizations: Service, Rancho La Puerta, CNBC, Business, Pew Research, Research, Purdue University , Indiana Locations: Baja California, Mexico
Like many families throughout the U.S., Amanda, 28, and Carlos, 36, are wrestling with the cost of child care. The couple keeps their finances separate, with Amanda covering child care while Carlos pays for other costs, like rent. The burden often falls on womenThe cost of external child care has risen by roughly 263% from 1990 to 2024, according to a KPMG analysis. But even when a family has the option to decide between paying for child care or having one parent stay home, there are more costs to consider. You might be sacrificing career growth by staying home, or you may be sacrificing some of your ability to build wealth by paying for child care.
Persons: Amanda, Carlos, Ramit Sethi, Rich, Sethi, Emily Green, Green, they've Organizations: KPMG, Pew Research, CNBC Locations: U.S, New York
For $25, which wound up being $30 because she didn't have change, Jessica told me my fortune. That psychic is also a pet psychic, which is not Katy's jam. Once, after an accident on her block in Chicago, Katy used a psychic to ensure the person had crossed over. Another time, she bought a bunch of bath oils in New York after a psychic told her she was cursed. In a consumerist society, of course some people are willing to pay to commune with the afterlife.
Persons: I'm, Jessica, IBISWorld, upselling, It's, that's, spellwork, Lisa Stardust, who's, Neil Dagnall, Ken Drinkwater, Dagnall, Drinkwater, , Jane Risen, Risen, it's, what's, they're, Cleo, Peter Popoff, they'd, Ralph Lewis, There's, we're, Lewis, I've, Katy who's, Katy, Taylor Swift, Emily Stewart Organizations: Pew Research Center, what's, Manchester Metropolitan University, University of Chicago's Booth School of Business, Federal Trade Commission, intel, University of Toronto, Business Locations: Manhattan, New York, Chicago
Opinion: Dear Joe, it’s time to go
  + stars: | 2024-06-28 | by ( Opinion Jay Parini | ) edition.cnn.com   time to read: +6 min
CNN —Dear Joe,I write to you urgently, as your old neighbor from Scranton. You, Joe, pushed through the Safer Communities Act, which included the most significant gun control measures in nearly thirty years. But you’re an old man now, like me. You’re a man of huge integrity, Joe, and you must — you MUST — stand down. Be the great man you are, Joe, the one we’ve seen in action and admired for many decades.
Persons: Jay Parini, “ Borges, , Jorge Luis Borges, CNN —, Joe, I’ve, Oliver Parini, Mike Pence, you’ve, Donald Trump, Donald, Trump, Vladimir Putin, Benjamin Netanyahu, Chuck Schumer, Hakeem Jeffries, Nancy Pelosi, Ruth Bader Ginsburg’s, Barack Obama, Don’t, Joe Bader Biden, You’ve, Gretchen Whitmer, Gavin Newsom, Pritzker, Jay Organizations: Middlebury College, CNN, Capitol, White, NATO, Supreme, Michigan Gov, Illinois Gov, Trump, Twitter, Facebook Locations: Scotland, Argentine, Scranton, freefall, Ukraine, Atlanta, You’re, China, Trump, California, Illinois, United States of America
The American Psychological Association highlights findings that people who find their jobs meaningful are more engaged, show up to work more, and are healthier. Many in those industries have begun to refer to their work as "fake email jobs" — office jobs that largely involve sending emails without producing anything. Other people have managed to juggle multiple full-time remote jobs thanks to the limited amount of work each job actually required. Working a useless job is a "profound psychological violence," Graeber wrote, one that removes any sense of dignity and fosters "deep rage and resentment." Short of everyone quitting to become their own CEO, employers will need to figure out how to make work feel meaningful for their staff.
Persons: it's, Zers, Pew, Gen Zers, I've, Graeber, David Graeber, Simon Walo, , Walo, Brendan Burchell, Burchell, Clay Routledge, Routledge Organizations: Pew Research, American Psychological Association, University of Zurich, University of Cambridge Locations: Italy, Spain, Sweden
Sean Penn, 63, says he's "thrilled every day" to not be in a serious relationship. "I don't sense I'll have my heart broken by romance again," Penn told The New York Times. In an interview with The New York Times, Penn opened up about how his perspective on romance has changed over the years. "I'm just free," Penn told the Times. "If I'm going to be in a relationship, I'm still going to be free, or I'm not going to be in it, and I'm not going to be hurting.
Persons: Sean Penn, he's, Penn, , I'm Organizations: The New York Times, Pew Research Center, Service, Times, Business
In a presidential election where both leading candidates are unpopular, there’s much talk about what each candidate can say to swing voters in Thursday’s debate. But true swing voters are disengaged from political news; in fact, many avoid it with a determination normally reserved for toxic exes, ticks and food poisoning. To the extent they learn what’s said on Thursday, it’ll be via repackaged clips on social media. Mr. Biden’s challenge is to reassure skeptical Democrats that he is still vigorous and that he is responsive to voters’ worries about inflation and other problems on their minds. Mr. Trump needs to convince Nikki Haley Republicans and others concerned about his ethics that their differences are less significant than his promise of financial security, tight borders and abortion restrictions.
Persons: what’s, it’ll, , , Biden, Donald Trump can’t, Biden’s, Trump, Nikki Haley Republicans Organizations: Republicans —, Pew Research Center
Gen Zers, it turns out, are "not on a linear journey to evaluate the veracity of anything." In other words, Gen Zers know the difference between rock-solid news and AI-generated memes. For Gen Z, checking what other people are saying in the comments isn't shallow. The aim is to reach Gen Z readers where they live — scrolling through the comments — and turn them into subscribers. But I'll confess that I worried about the idea that Gen Z checks the comments to decide what to believe.
Persons: Z, Gen, Yasmin Green, Gen Zers, they're, Zers, Jigsaw, it's, they've, bros, influencers, Beth Goldberg, Jigsaw's, It's, Goldberg, Donald Trump, Trump, Z's, Ukraine —, They're, David Rothschild, I'm, ruefully, Adam Rogers Organizations: Media, Google, CNN, The New York Times, Times, NYPD, Research, Microsoft Research, Pew Research Center, Facebook, Business Locations: New York, Ukraine, Russia
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewDemocrats are putting abortion — a topic they've historically downplayed — front and center this election. The debate is no longer just about abortion — it's become about pregnancy itself and access to life-saving medical care. AdvertisementDemocrats know the issue could be a turning point for independent voters and even some Republicans, and they're using it to their advantage. He's hoping that the issue of abortion can turn Florida blue this fall, and he's repeatedly promised to restore Roe.
Persons: , Roe, Wade, Annie Lentz, " Lentz, — it's, Dobbs, Joe Biden, He's, he's Organizations: Service, Democratic Senatorial, Republican, Business, Democratic, Republicans, Senate Democrats, Pew Research Center, Gallup, , New York Times, Democrats Locations: Arizona, Florida , Maryland , Michigan, Montana , Nevada , Ohio, Pennsylvania, Texas, Wisconsin, Florida
Editor’s Note: Mijal Bitton, PhD, is the spiritual leader of the Downtown Minyan in New York City and a sociologist of American Jews. I have heard from many young Jews around America newly awakened to their Judaism. These young Jews have different backgrounds and political views, but they share the life-altering experience of deep disillusionment with previous professional or social homes. Young American Jews today are realizing that they, too, can be made to feel unwanted in their own homes. But for most of us American Jews, Zionism is the belief that Jews have a right to self-determination in their historical homeland.
Persons: Bitton, CNN —, Israel, Mijal, Nir Arieli, , Magen Davids, dogtags, don’t, , I’ve, “ Hitler, , it’s Organizations: Downtown, CNN, Nova, White, New York University, Young, Jewish, Hamas, UC Santa Barbara Jewish, UCLA, Columbia, Twitter, Facebook Locations: New York City, United States, France, Israel, Lower Manhattan, Washington, New York, America, Europe, israel, Poland
In some ways, they're actually faring better than their older millennial peers, and their struggles point to larger cracks in America's social support systems. Younger millennials are getting creative about becoming homeowners, explained Jessica Lautz, deputy chief economist and vice president of research at the National Association of Realtors. Because younger millennial women are focused on their careers, they're continuing the overall millennial trend of delaying family formation. AdvertisementAnd some of younger millennials' accumulated wealth has faded thanks to inflation, Ricketts said. He pointed out that younger millennials who invest their wealth well are more likely to consume and drive economic growth.
Persons: I've, , Diana Elliott, somethings, Gabby Davis, Davis, Gen Z, Cuspers, they've, Elliott, they'll, millennials, Rollin, Zers, Louis Fed, didn't, Louis, Lowell Ricketts, Ricketts, aren't millennials, who've, Younger millennials, Jessica Lautz, They're, Lautz, they're Organizations: Service, Pew, Population Reference, Louis Fed, Fed, National Association of Realtors, NAR, Young Locations: U.S
With any luck, if your employer has instituted a Summer Fridays policy, you’ll get to knock off work early or even take the whole day off. Only 13% of US employees, for instance, said their organizations had Summer Fridays, in a 2023 survey commissioned by consulting and research firm Gartner. Among US employers, a survey last year from HR consulting firm Mercer found that only 19% said they offered summer working hours, up from 15% in 2021. Nevertheless, some employees may have even better options today, thanks to the transformation of work culture spurred by the pandemic. But Caitlin Duffy, senior director of Gartner’s HR practice, said she wouldn’t be surprised if Summer Fridays become less of a featured benefit from employers because flexible work has become so much more prevalent.
Persons: you’ll, It’s, Mercer, Caitlin Duffy, wouldn’t, Duffy, she’s, , Rich Fuerstenberg, you’ve Organizations: New, New York CNN, Gartner, Pew Research Center Locations: New York
How Gen-Z buyers are changing the bridal fashion business
  + stars: | 2024-06-21 | by ( Yola Mzizi | ) edition.cnn.com   time to read: +9 min
A bridal look from Collina Strada, presented at New York Fashion Week in September 2022. Aurora Rose/ShutterstockA bridal look from Sandy Liang, presented at New York Fashion Week in February 2023. Avalon/dpa/picture alliance/Sipa USAMillennial and Gen-Z brides-to-be like de Quesada are no longer shopping for just a wedding dress, but an entire wardrobe for pre- and post-wedding events. That breadth is propelling the global bridal wear market, which is projected to grow at a rate of 3.5 percent annually and is expected to reach $83.5 billion by 2030, according to the Global Bridal Wear Market Industry report. Efren Landaos/Sipa USAFor an emerging designer like Wiederhoeft, bridal is something of a safety net, serving as “a floating line of credit” for the rest of their business.
Persons: , Christyne de Quesada, ” de Quesada, , ShuShu Tong, Vera Wang, Gabriella Arango, Gucci, Collina Strada, Aurora Rose, Sandy Liang, de Quesada, it’s, , Caroline Crawford Patterson, Dua Lipa, Simon Porte Jacquemus, Marco Maestri, Arnold Jerocki, Crawford Patterson, Anthropologie, It’s, Jackson Wiederhoeft, Wiederhoeft, “ It’s, Efren, Millennials, Hillary Taymour, Taymour, JP Yim, Andrew Kwon's, Rodin, Andrew Kwon, Kwon, Brigitte Chartrand Organizations: The, Fashion, CNN, New York, Avalon, Cion Investment Corp, Abercrombie, Fitch, Census Bureau, Pew Research Center, Designers, ” Retailers, Ssense Locations: Venice, Italy, Mexico City, Miami, Shanghai, Florida, Dua, Charleval, France, New York, New, New York City, , Ssense
This is according to a detailed internal document obtained by Business Insider that reveals a host of new information and insights about Amazon's book business and the broader publishing landscape. Reliable data on this industry is limited or tightly controlled, so it's sometimes difficult to get handle on the scope of the book business. "Monopoly power"Amazon's book business has drawn antitrust scrutiny over the years. The company doesn't publicly disclose book sales, nor does it give a revenue breakdown of each retail category. The US accounts for over half of the salesThe document reveals a few staggering numbers that show how big Amazon's book business is.
Persons: , John Warren, George Washington University's, doesn't, Lindsay Hamilton, Noble, Warren, Hamilton Organizations: Service, Business, Amazon, Federal, American Booksellers Association, FTC, Justice Department, BI, GMS, Barnes, Costco, Pew Research Center, George Washington University Locations: Germany, Japan, France, Italy, Spain, Australia
What’s open and closed on Juneteenth 2024
  + stars: | 2024-06-19 | by ( Ramishah Maruf | ) edition.cnn.com   time to read: +2 min
Here’s what’s open and closed on Juneteenth 2024. TD Bank, which has remained open in previous years, will also be closed Wednesday. Schools and government agenciesFederal offices will be closed on Juneteenth. In 2023, at least 28 states recognized Juneteenth as a public holiday for which state workers received a paid day off, according to a Pew Research analysis. RetailersMost major retailers and grocery stores will be open on Juneteenth.
Persons: New York CNN —, Gordon Granger, Abraham Lincoln, , Juneteenth, Here’s, CNN’s Harmeet Kaur Organizations: New, New York CNN, Black Americans, Union Army, Washington DC, Black American, United States Postal Service, UPS, FedEx, Nasdaq, New York Stock Exchange, Federal Reserve, Chase, Bank of America, TD Bank, Pew, Walmart, Target Locations: New York, United States, Galveston , Texas, Juneteenth
Perhaps you've even uttered some version of it yourself: "I can't believe we're stuck with Donald Trump and Joe Biden again." AdvertisementBut it's important to understand that Biden and Trump are set to be their party's nominees for quite different reasons. Polls showed Democrats open to alternatives. On the other hand, Democrats ended up being stuck with Biden, despite plenty of indication that there was room for an alternative. In short, if you're frustrated with your choices this November, you've got two very different groups to blame: GOP voters and Democratic Party elites.
Persons: , you've, we're, Donald Trump, Joe Biden, Biden, Trump, resoundingly, Nikki Haley, Dean Phillips, didn't Organizations: Service, Pew Research Center, Business, Republican Party, Democratic Party, Republican, Trump, GOP, New York Times, Siena College, Democrat, Dean Phillips of Locations: Vermont, Washington, Dean Phillips of Minnesota, Minnesota
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
Read previewGen Zers are feeling pretty good about their financial situations right now. That was especially true for younger generations — over 60% of Gen Z and millennials said they were optimistic, compared to less than 50% of Gen X and baby boomers. How Gen Z can feel good about themselves — but still worry about high pricesBI has previously reported that many aging boomers and Gen Xers cannot retire or are struggling financially in retirement. But when it comes to retirement preparation, Gen Z might be ahead of the game. According to a survey last year from the CFA Institute, over half of Gen Z respondents said they were already investing, and 82% of them started doing so before turning 21.
Persons: , it's, millennials, X, Zers, Charlie Wise, Wise, Gen Zers, Gen Xers, Gen, that's Organizations: Service, Federal Reserve, TransUnion's, Business, TransUnion, Alliance, Lifetime, Income, Social Security, CFA Institute, American Enterprise Institute
Related storiesAccording to Cappel, their first two trips were filled, and all guests expressed interest in another "phone-free" trip. AdvertisementShe acknowledged that tech-free travel hasn't become completely mainstream, "People are still a little intimidated by the idea." The reasons for going phone-free when traveling varyOne popular motivation is for couples to spend quality time with their partners. Phone-free travel can also help with burnoutLast summer, nonprofit strategist Izzy Doonan did a tech-free week-long trip in the Cascades with her partner and another couple. FTLO provides the trip leaders' phone numbers and full itineraries with contact information to travelers to share with whoever might need it.
Persons: , they're, Hector Hughes, Hughes, Tara Cappel, We're, Cappel, haven't, it's, Elena Mnayarji, Elena, Izzy Doonan, Doonan, wasn't, Mnayarji Organizations: Service, Business, Pew Research Center, Group, Berkeley, Logistics Locations: Thailand, Scottish, Mallorca, FTLO
Read previewCongress is terrified that TikTok could be deployed as a disinformation tool to shape Americans' views of current events in China's favor. Respondents who said they consumed news also tended to be less concerned about the accuracy of the news information they found on TikTok compared to other social apps. According to Pew's survey, 25% of X users said that getting news was a "major" reason they used the platform, and 15% of TikTok users also reported that getting news was a "major" reason for why they're on TikTok. Meanwhile, TikTok is also leaving users feeling the least "worn out" by the amount of news they see on the platform compared to the other apps. The news content that reaches TikTok users is often not from accounts run by traditional news organizations like The New York Times or the Washington Post.
Persons: , It's, TikTok, Instagram, Joe Biden, ByteDance, Donald Trump, it's, influencers, Kelsey Russell Organizations: Service, Pew Research Center, Business, Facebook, The New York Times, Washington Post Locations: China, Israel, TikTok
CNN —The annual G7 summit, a gathering of leaders of some of the world’s wealthiest democracies, used to be a staid, predictable affair. Tensions were about to explode in 2018, when G7 leaders met in Canada. Behind the smiles and waves, a fraught 2018 G7 summit in Canada. German Chancellor Angela Merkel deliberates with US president Donald Trump on the sidelines of the 2018 G7 summit in Canada. German Chancellor Angela Merkel chats with a relaxed US President Barack Obama outside during the 2015 G7 summit in southern Germany.
Persons: Frida Ghitis, Read, Joe Biden, Pope Francis, Volodymyr Zelensky –, , Donald Trump, Justin Trudeau, Cole Burston, Trump, Angela Merkel, Merkel, Angela Merkel deliberates, Jesco Denzel, Barack Obama, Michael Kappeler, George W, Bush, backrub, Vladimir Putin, Putin, Covid, ” Biden, ” Macron, Boris Johnson, Ludovic Marin, Biden, Emmanuel Macron’s, autocrats, Lady Melania Trump, Trudeau, Andrew Parsons, Giorgia Meloni, Organizations: CNN, Washington Post, Politics, Frida Ghitis CNN, European Council, Canadian, Bloomberg, Trump, Getty, Deutschland, Kremlin, Parliamentary, United, Brothers Locations: Puglia, Italy, Canada, France, Germany, Japan, Bavarian, AFP, St Petersburg, Russia, Russian, St . Petersburg, Handout, Crimean, Washington, United States, British, Ukraine, Biarritz, Italian, Europe
3 risks to global economic growth
  + stars: | 2024-06-13 | by ( Krystal Hur | ) edition.cnn.com   time to read: +7 min
The World Bank on Tuesday raised its 2024 outlook for global economic growth to hold steady at 2.6%, an increase from its previous projection of 2.4% growth. “Four years after the upheavals caused by the pandemic, conflicts, inflation, and monetary tightening, it appears that global economic growth is steadying,” Indermit Gill, the World Bank’s chief economist, said in a release accompanying the report. Prospects for the world’s poorest economies are even more worrisome.”Here are three risks the World Bank sees. The World Bank said that spillover risk from the Russia-Ukraine war and Israel-Hamas war could curb global growth by pushing up oil prices and shipping costs. Trade tensions are already brewing between some of the world’s biggest global economic engines.
Persons: ” Indermit Gill, Jerome Powell, , Ayhan Kose, Danielle Wiener, Bronner, Joe Erlinger, aren’t, TikTok, John S, James L, Donald Trump, Joe Biden’s, Biden Organizations: CNN Business, Bell, New York CNN, Bank, World Bank, European Central Bank and Bank of Canada, US Federal Reserve, European Commission, EU, Bureau of Labor Statistics, McDonald’s, Pew Research Center, Knight Foundation, TikTok Locations: New York, Russia, Ukraine, Israel, India, Mexico, United States, France, United Kingdom, China, Beijing
Many TikTok users in the survey said they care far more about entertainment, culture and friends. TikTok users don’t care much about politicsMany TikTok users, roughly 4 in 10, said they do see at least some politics content on the app, according to the survey. Only a third of TikTok users said they use the app to keep up with politics; 41% said they use it to get news. Right now, 22% of TikTok users say content on the app is mostly liberal, while 6% say it’s mostly conservative, according to Pew’s latest survey. TikTok users who identify as Republicans were slightly more likely than Democratic TikTok users to say TikTok is bad for US democracy, but only by a slim margin of 7 percentage points.
Persons: Washington CNN —, John S, James L, Donald Trump, Joe Biden’s, TikTok, Biden, Pew, ” Pew, we’ve, , Colleen McClain, , Elon Musk, ” McClain, McClain, Musk, it’s Organizations: Washington CNN, Pew Research Center, Knight Foundation, TikTok, Facebook, Trump, CNN, Pew, Democratic, Elon, , Republican Twitter Locations: China, United States, TikTok, Gaza
In 2013, the share of self-identified liberals among young women exceeded the share among young men by 5 percentage points; by 2023, that gap was nearly four times as large. (In that survey, young men were substantially more likely than young women to say they rely on YouTube as a major source of news.) (In the Harvard poll, one-fourth of young women identified in some way as LGBTQ, more than double the share of young men.) “He’s got to make up for the defection of young men by winning young women by more, and he’s got to get every young woman he can out to vote,” said Lake, the Democratic pollster. Biden’s best hope of avoiding a catastrophic decline in his youth support is that the number of young women Trump repels exceeds the number of young men he attracts.
Persons: Joe Biden, Donald Trump, Biden, John Burn, Murdoch, , Harvard University’s John F, Daniel Cox, William Frey, Melissa Deckman, Gen, , Trump, John Della Volpe, Joe Biden doesn’t, Della Volpe, White, Deckman, aren’t, Cox, Dobbs, Anna Dean, Dean, ” Della Volpe, he’s, don’t, ” Cox, “ Donald Trump, “ He’s Organizations: CNN, Trump, Biden, Pew Research Center, Financial, NBC, Democratic, Republican, GOP, Institute of Politics, Harvard University’s, Kennedy, Republican Party, Harvard, Democrats, Survey Center, American Enterprise Institute, Biden didn’t, Brookings Metro thinktank, Religion Research Institute, Biden’s, YouTube, Pew, AEI, Blacks, Harvard Poll, Biden won’t Locations: Gaza, New York, Bentonville , Arkansas, America
But the middle class may be more occupationally ambiguous, especially since a middle class income can range from $49,720 to $149,160 in the U.S., according to Pew Research's definition and based on the latest Census Bureau income data. Pew defines the middle class as households earning between two-thirds and double the median income, which was $74,580 in 2022, according to the U.S. Census Bureau. Since over half of U.S. households were estimated to be in the middle class as of 2022, Pew says, it makes sense the jobs that offer those middle class incomes would vary. But some positions and industries tend to have higher shares of middle class workers. Notably, many of the jobs that are likely to ensure a middle class salary may not require a college education.
Persons: Pew Organizations: Pew, . Census, Survey, Armed, Workers, Bureau of Labor Statistics, Department of Defense, Public, CNBC Locations: U.S
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