General World News

US consumer sentiment falls for the first time in 4 months as spiking COVID-19 cases spur worry

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Summary List Placement Americans are turning pessimistic about the economy for the first time in months as coronavirus cases repeatedly hit new records. The University of Michigan’s index of consumer sentiment fell to 77 in a preliminary November reading from 81.8, marking its first decline in four months. Economists surveyed by Bloomberg expected the gauge […]

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The odds of a stimulus package before January hit rock bottom with Congress deadlocked on coronavirus relief priorities

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Summary List Placement The prospects for another coronavirus relief package before the end of the year diminished rapidly on Thursday, as Republicans and Democrats signaled they did not intend to budge from their long-held positions on spending levels. Both the Democratic leaders Nancy Pelosi and Chuck Schumer said they are still calling for a $2.4 […]

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ECB president Christine Lagarde says COVID-19 recession is ‘highly unusual’ and cautions against excessive optimism over a vaccine

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Summary List Placement The COVID-19 crisis has produced a highly unusual recession and recovery is likely to be uneven, according to European Central Bank president, Christine Lagarde, who on Wednesday warned against excessive optimism over the short-term impact to the economy from a vaccine.  “While the latest news on a vaccine looks encouraging, we could […]

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Mastercard expands efforts to help over 500 cities build more inclusive and sustainable communities…

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Mastercard today announced the expansion of its City Possible™ network and capabilities, whose unique solutions now reach over 500 communities in over 50 countries worldwide. The partnership framework focuses on building more inclusive and sustainable cities by increasing access to city services, expanding urban mobility solutions, and informing an inclusive recovery through data driven insights. […]

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Pfizer and BioNTech Announce Vaccine Candidate Against COVID-19 Achieved Success in First Interim Analysis from Phase 3 Study…

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Pfizer Inc. (NYSE: PFE) and BioNTech SE (Nasdaq: BNTX) today announced their mRNA-based vaccine candidate, BNT162b2, against SARS-CoV-2 has demonstrated evidence of efficacy against COVID-19 in participants without prior evidence of SARS-CoV-2 infection, based on the first interim efficacy analysis conducted on November 8, 2020 by an external, independent Data Monitoring Committee (DMC) from the […]

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US universities are canceling study abroad programs in Italy and urging students to return to the US amid soaring coronavirus cases

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Universities have begun taking the precautionary step of canceling their study abroad programs in Italy as the country grapples with the worst coronavirus outbreak outside Asia. Syracuse University, Fairfield University, and Elon University have indefinitely suspended their academic programs in Florence and are helping students return home. New York University has set a tentative start […]

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Here’s what you need to know about a master’s in business analytics, a one-year program that could earn you more than $90,000 at half the time and cost of an MBA

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A Master of Science degree in business analytics (MSBA) can increase your earning potential to rival that of an MBA salary — but at half of the cost and time commitment. Over half of the top 100 business schools today offer MSBA programs, and these graduates go on to work for top companies like Amazon, […]

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‘It’s awesome that he’s dying’: A Milwaukee teacher was suspended following his tweets about Rush Limbaugh’s cancer

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A Milwaukee public school teacher has been suspended after tweeting that he wishes Rush Limbaugh, who has been diagnosed with advanced lung cancer, a painful death. Travis Sarandos wrote that the Limbaugh “absolutely should have to suffer from cancer,” saying, “it’s awesome that he’s dying, and hopefully it is as quick as it is painful.” […]

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Elon Musk says SpaceX is hiring and holding a career day this week — here’s where to send your resume

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Elon Musk tweeted a worldwide invitation to people interested in working at SpaceX to attend a career day at the company’s development facility in Boca Chica, Texas. SpaceX is in search of engineers, supervisors, and technicians for its Starship project. Starship is a next-generation spaceship designed to launch into orbit around the Earth by the […]

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In an unprecedented move, Twitter gave a state university access to a student’s parody account after it complained that he was mocking the school (TWTR)

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Students at a New York state school are looking for answers after a student’s Twitter account mocking the school was handed over to college administrators. SUNY Geneseo student Isaiah Kelly was behind Twitter account @SUNYGenseeo, which he suddenly found himself locked out of, the email associated with the account changed, and all its tweets deleted. […]

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A white Connecticut teacher was placed on leave after casting black students as slaves in a school play

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A white elementary school teacher has been placed on administrative leave after casting to black students in “A Triangle of Trade,” a play about the trans-Atlantic slave trade. Although outraged, the mother of one of the children believes it’s not enough or fair to simply “scapegoat’ the teacher for “a system that is clearly broken.” […]

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Art students say Guggenheim relative brought them to Jeffrey Epstein’s ranch where he pressured them to play with ‘sexual objects’

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Two former New York Academy of Art students say that Jeffrey Epstein and Ghislaine Maxwell pressured them to play games with “sexual objects.” One of the students, Epstein accuser Maria Farmer, told Artnet that it was a frequent “party trick” of the late convicted sex offender. A third person confirmed that the students had visited […]

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Here’s exactly what it takes to get accepted into Harvard Business School, according to 5 grads and the managing director of admissions

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Roughly 10,000 students apply to Harvard Business School each year, but the acceptance rate is only 11%. Below, five successful applicants discuss what worked for getting in the door and what didn’t. For instance, in your entrance essay, it’s important not to overplay tales of overcoming incredible adversity. The writing should also be succinct and […]

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Here’s how each state decides its delegates for the 2020 Democratic presidential nomination

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To decide their nominees for president, Democrats and Republicans use a system of delegates. The delegates are people represent their states at national party conventions. The candidate who gets the support of a majority of delegates becomes that party’s presidential nominee. It’s even more confounding than it sounds, and Democratic candidates must master a confusing […]

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Warren Buffett tops list of America’s biggest givers after donating nearly $15 billion in 5 years

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Warren Buffett topped the list of America’s biggest givers after donating almost $15 billion to charitable causes between 2014 and 2018. The famed investor and Berkshire Hathaway boss led the pack in all five years, primarily giving to causes chosen by the Bill and Melinda Gates foundation. The high-profile philanthropist couple ranked second after Buffett, […]

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I signed up for an Italki account to see why it’s a leading platform for online language learning — here’s how it works

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The process of learning and mastering a new language is a winding journey that isn’t only about memorizing proper spelling, pronunciation, and grammar rules. Italki, an online platform for language learners around the world, adds the element of real human-taught lessons and interactions in order to help you practice any one of more than 130 […]

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These charts show how college students’ priorities for their future careers have changed over the last decade

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The things new entrants to the US labor force value have changed throughout the 2010s. Employer branding specialist firm Universum runs an annual survey of tens of thousands of college students, asking what they are looking for from their future employers. We looked at the job attributes that had the biggest positive and negative changes […]

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Andreessen Horowitz-backed Wonderschool is cutting 25% of its staff, and some employees say it’s a ‘desperate’ attempt to juice its business for investors

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Wonderschool, a startup that helps parents find day care, has laid off about 25% of its staff in a “desperate” attempt to cut costs and increase revenue, according to several employees who were recently let go. The Andreessen Horowitz-backed startup is downsizing at the same time it plans for a major expansion in 2020. Some […]

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These Berkeley PhD students and the co-founder of buzzy $6.2 billion Databricks are tackling the next really hard problem for big data programmers

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On Wednesday, the startup Anyscale announced it raised $20.6 million in series A funding led by Andreessen Horowitz. Anyscale was built from the open source project Ray, a distributed computing project that allows people to run large scale applications across many computers. Anyscale was started by University of California, Berkeley graduate students and the co-founder […]

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Here’s the salary breakdown for Yale’s MBA class of 2019, including the industries that are paying its grads the most

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Yale’s School of Management ranks 9th among US News & World Report’s national business school rankings, and 11th in the world according to The Financial Times. The total cost of attendance for a Yale SOM MBA student was $100,274 for the 2018-2019 school year, but starting base salaries indicate that graduates are well compensated for […]

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A Stanford dean told us exactly what she’s looking for in MBA applicants, and what they need to get in

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Stanford’s MBA program has an acceptance rate of 5.1%, making it one of the most selective programs in the US. Stanford GSB’s career management center head and assistant dean, Jamie Schein, told Business Insider what makes a successful Stanford applicant. Stanford MBAs are entrepreneurially minded, she explained, but they don’t all want to start their […]

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Here’s the salary breakdown for Stanford’s class of 2019, including the industries that are paying its MBA grads the most

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Stanford’s Graduate School of Business 2019 employment report highlights starting salaries and trends in its most recent graduating class. Jamie Schein, Stanford GSB’s career management center head and assistant dean, said median and mean base salaries increased from last year by 6% and 5% respectively Social impact roles, such as sustainable supply chain management, increased […]

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A startup that’s modeled after Airbnb, Instacart, and Lyft and funded by one of their investors is taking its first leap to conquer the $59 billion day care industry

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Wonderschool, a startup that helps parents find day care, is expanding to four new markets next year. The company helps childcare providers fill capacity by listing their centers on its website and mobile app, letting prospective parents book tours, and posting reviews. Wonderschool has raised $24 million in funding from Andreessen Horowitz, Lerer Hippeau, and […]

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A free business development bootcamp backed by Ashton Kutcher accepts only 2.5% of applicants and boasts a 100% job placement rate. Its founders and students describe what it takes to get in and do well.

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Tuition-free SV Academy could be a game-changer for people at a career crossroads, especially immigrants and low-income students. The program prepares people for business development Representative roles at tech companies. Admissions into the three-month program is intensely competitive, with an average of 4,000 applications a month for 100 seats— but once applicants are in, they’re […]

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The number of Americans training to become teachers has dropped by a third since 2010, and it’s creating a critical educator shortage that will affect every state

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There are one-third less people enrolling in teacher training programs, which is part of the certification process to become an educator, according to data from the Center for American Progress. In some states, such as Michigan, Oklahoma, and Illinois, enrollment declined by more than 50%. The drop in teacher training enrollment suggests that issues plaguing […]

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The University of Miami just invested $3.7 million in a new campus-wide supercomputer, and it’s a case study in how higher education is changing in the age of big data

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Supercomputing involves connecting smaller computers to a larger processing network for more computing options and capabilities. The University of Miami partnered with IBM this year for a $3.7 million update to the supercomputer it’s had in place since 2008. The new system is eight to 10 times more powerful than the previous one. Business Insider […]

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Congress told 80,000 firefighters and teachers it would forgive their student loans. Over 10 years later, a tangle of mismanagement has kept them from receiving anything.

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The New York Times reported that the federal government has rejected more than 80,000 low-paid professionals from student debt forgiveness. More than 99% of applicants for loan forgiveness get rejected. Congress created the Public Service Loan Forgiveness program to encourage graduates to go into low-paid but necessary jobs, such as teaching and law enforcement. According […]

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The CEO of a nonprofit that’s awarded $180 million in fellowships to women MBA students explains how business school can help chip away at the glass ceiling

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Applications to top business schools are on the decline, but gender parity is going up. That’s according to Elissa Sangster, the CEO of Forté Foundation, a nonprofit centered on gender parity in business school. To date, Forté has awarded $180 million in fellowships to female MBA students. She says that she’s “confident” that the foundation […]

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Here’s the salary breakdown for Kellogg’s class of 2019, including the industries that are paying its MBA grads the most

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The Kellogg School of Management at Northwestern University is ranked fourth in the world by The Economist, sixth by US News, and third by Forbes. It costs a total of $151,815 for tuition and fees for two-year MBA students. This number is comparable to the average salaries of graduates in consulting and finance. Here are […]

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The new MacBook Pro is the best work laptop Apple has ever made, but it still falls behind Windows rivals in two key areas (AAPL)

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Apple’s new MacBook Pro has a larger 16-inch screen and an improved keyboard, making it a compelling choice for Apple fans looking for a powerful work computer. The keyboard in particular represents a much-needed upgrade; Apple has ditched the butterfly mechanism keyboard in favor of a design inspired by its popular Magic keyboard. But, as […]

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A tiny pharmacy school in upstate New York outranked Harvard, Yale, and Princeton in ROI for its students, and it’s a case study in getting bang for the undergraduate buck

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An undergraduate degree from Albany College of Pharmacy and Health Sciences yields a higher median income 40 years after graduation than a degree from more than 4,500 undergraduate programs. This is according to a study from Georgetown University’s Center for Education and the Workforce, “First Try at ROI.“ We talked to Martin Van Der Werf, […]

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Apple CEO Tim Cook explains the ‘revelation’ he had late in life that led him to realize his ‘highest value’ (AAPL, CRM)

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Apple CEO Tim Cook said everyone’s highest purpose in life is to “help somebody else.” Cook made the remark at Salesforce’s Dreamforce conference, where he talked about how his values guide his business decisions at Apple. Cook said that by focusing on serving others, a lot of complex decisions in life become “pretty simple.” Visit […]