Author: arthursheikin@gmail.com

[ad_1] This as-told-to essay is based on a conversation with Carter Osborne, founder of Carter Osborne Tutoring. It has been edited for length and clarity.My business started for very pragmatic reasons: I needed to pay for graduate school. I went to Stanford for undergrad, and then enrolled at the University of Washington for my master’s degree. I was funding grad school almost entirely with student loans, and I thought tutoring could help me pay them off quickly.I started by tutoring high schoolers in general academics, standardized test-prep (including for the SAT), and college essays. I quickly realized I didn’t enjoy…

[ad_1] No, AI doesn’t mean you don’t have to learn to code, at least according to one OpenAI researcher.Szymon Sidor recently sounded off on why, even in a world with ChatGPT, Cursor, and other AI tools, it’s still good for current high school students to learn basic coding.”You should absolutely learn to code,” Sidor said during episode of the company’s podcast from August. “One skill that is at a premium and will continue to be at a premium is having really structured intellect that can break down complicated problems into pieces.”Sidor, who has worked at OpenAI for over eight years,…

[ad_1] This as-told-to essay is based on a conversation with Jessica Hoppe, the 46-year-old CEO of The World Residences at Sea, about her daily routine. It has been edited for length and clarity.Before becoming CEO of The World, the world’s only private residential ship, I spent two decades working in law, government affairs, and luxury travel.I graduated from law school and joined a private practice before moving to New York in 2007. I then transitioned into a general counsel role. Over the next decade, I also served as the SVP of government affairs and PR for a resort company.In 2017,…

[ad_1] Big banks are cracking down on junior bankers with covert private equity jobs — but experts warn that their approach may drive secrecy further underground.To guard against private equity firms poaching junior talent, investment banks are requiring analysts to disclose in writing if they’ve accepted future-dated jobs. While each bank’s policy is different, juniors who confess to having a PE job may be terminated, moved to another team or division, or taken off certain deals — consequences that could encourage ambitious young bankers to clam up and undermine banks’ efforts to retain them.”These are smart people. Their cognitive calculus…

[ad_1] There’s more troubling news for the white-collar job market: wage growth is falling short of inflation.A Bankrate analysis used employment cost index and consumer price index data from the Bureau of Labor Statistics to look at how the gap between wage and salary growth and inflation has changed since 2021. The difference allowed Bankrate to identify the industries with better worker bargaining power.Financial activities and professional and business services fell on the wrong side of that divide. Wage growth falling behind inflation in those sectors adds to the bleak picture of the white-collar labor market.Sarah Foster, an economic analyst…

[ad_1] Matt Hutton was living the millennial homeowner dream. He scrimped and saved until he was able to buy his first place in 2019, paying $324,000 for a two-bedroom townhome in a suburb west of Denver. When mortgage rates dropped to record lows during the pandemic, he refinanced to slash his interest costs. Then home values ballooned, enabling him to sell in August 2024 for a gain of roughly $150,000 in just about five years. Hutton and his wife parlayed those earnings into their own slice of the American dream: a bigger, newly built single-family house on a premium lot.But…

[ad_1] Sometimes, the best way to land a job at a company is to get rejected by them first.In the months before graduating from Cornell University in 2023, Jahnavi Shah said she applied to over 500 jobs and secured five interviews, but none led to a full-time offer — at least not right away. Several months later, she’d be fast-tracked into a role thanks to a contact she’d made during that stretch. All it took was a good initial application, a LinkedIn connection — and a little patience.”It’s a great reminder that even if an opportunity doesn’t work out immediately,…

[ad_1] Russia’s trade boom with China is losing steam, with a top Moscow official warning that the country’s markets are already oversupplied with some Chinese goods.”In the current year, we are recording a certain decline in mutual trade,” said Anton Alikhanov, Russia’s industry and trade minister, on Tuesday at a business forum.”We also note the gradual saturation of the market with Chinese products in certain market segments, as well as internal economic processes both in Russia and in China,” Alikhanov said.Sanctions and volatility in commodity markets have also weighed on flows, he said.From record highs to slowdownTrade between the two…

[ad_1] Hinge is using AI to help you find better dates, but the company doesn’t want you dating bots.”I don’t think that an AI chatbot should be your friend or certainly not your boyfriend or girlfriend,” Hinge CEO Justin McLeod said in an episode of the “Rapid Response” podcast published on Tuesday.In contrast, Meta CEO Mark Zuckerberg said on a May podcast that the average American now has fewer than three close friends and that digital chatbots could help cure this “loneliness epidemic.”Hinge is owned by Match Group, which also operates dating apps like Tinder and OKCupid. In 2018, Match…

[ad_1] Calvin Klein is doubling down on K-pop, with a campaign starring K-pop star Mingyu of boy band Seventeen.The 28-year-old South Korean rapper and singer is the face of Calvin Klein’s Fall 2025 collection. He was spotted modeling several denim outfits in the brand’s promotional videos, which were released on Tuesday.In the videos, Mingyu, surrounded by large black speakers and dramatic lighting, showed off Calvin Klein’s new pieces, such as its 90s Straight Jeans, and a monogrammed denim top and pants combo.Of course, like most Calvin Klein advertisements, there were shots dedicated to the star shirtless, showing off the iconic…