Monthly Archives: October 2022

Warehouses and employers like Amazon bring new jobs and higher wages for some blue-collar workers, but they can be hard on cities — and on the human body

Hi, I’m Matt Turner, the editor in chief of business at Insider. Welcome back to Insider Weekly, a roundup of some of our top stories.  On the agenda today: After smashing earnings expectations, Netflix is giving critics the middle finger. TikTok influencers are luring followers with deceptive promises of side-hustle riches.The US economy is running on…

The S&P 500 has 20% more downside before bottoming, but don’t abandon stocks as these 3 sectors show promise, Morgan Stanley’s chief us equity strategist says

Following a glut of IPOs in 2021, broader market and economic uncertainty has led to a 2022 tech IPO hiatus. iStock/Getty Images The S&P 500 still has room fall and could bottom between 3,000 and 3,200, according to Morgan Stanley’s Mike Wilson.  But that doesn’t mean investors should give on stocks as certain sectors look…

See inside a flight attendant training center where aspiring crew members learn how to evacuate an airline and provide customer service

Taylor Rains/Insider The airline industry is in need of thousands of flight attendants to keep up with post-COVID demand. Aspiring crew members must go through vigorous training to learn things like slide deployments and medical treatment. Insider toured Air New Zealand’s training facility in Auckland to learn more about the specific courses. The airline industry…

How a digital nomad mom of 2 used ‘geo-arbitrage’ to save thousands on food and childcare while working from multiple countries

Lona Alia and her family travel to countries that include Mexico, Albania, Croatia, Greece, Italy, Portugal, and Costa Rica, moving from one country to another every one to five months. Lona Alia Lona Alia and her husband are digital nomads, working remotely while traveling the world with their children.  They save money this way through…

Everything you need to know about silovarchs — Russia’s security elites — and the power they wield

Russian President Vladimir Putin’s close circle are siloviki. Alexey Nikolsky/AFP via Getty Images Russia’s security elites are silovarchs, a term combining “oligarch” and “siloviki” (“people of force.”) Daniel Treisman, who coined the term, told Insider about their influence and power.  Analyst Hugo Crosthwaite said silovarchs are closer to President Vladimir Putin than oligarchs.  Oligarchs, who…

Here’s why the US dollar may be closer to a peak than markets think, even as inflation rages and the Fed remains hawkish

A money changer counts U.S. dollar bills at a currency exchange office in central Istanbul April 15, 2015. REUTERS/Murad Sezer The dollar may be closer to peaking than markets think, Goldman Sachs said in a note. The bank pointed to previous periods of high inflation in the 70s and 80s, which saw the dollar peaking…

British Airways had to find another plane after a passenger defecated on the floor and smeared feces around the cabin, report says

The incident delayed a flight from Heathrow to Lagos by three hours. Robert Smith/Getty Images A British Airways passenger defecated in the cabin of a plane at Heathrow Airport, The Sun reported. The man smeared feces on himself and around the cabin during boarding, according to the newspaper. BA apologized to customers and arranged another…

Remote workers are powering through and working while sick — and it’s bad for them and their companies

Ergin Yalcin/Getty Images When some remote workers get sick, they decide to log on for work anyway. Research says workers think they’ll feel guilty if they take off; they feel more guilty for working. But the urge to log on ties to how managers are adjusting to remote work, and a lack of sick leave….