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Research: Resume Gaps Still Matter - (No paywall) Without knowing the details of a person’s history, employers rely on signals of quality to make bets on who will make quality employees with a strong organizational fit. Resume gaps used to be clear negative signals, but attitudes seem to be changing today. For example, LinkedIn recently adopted a new “Career Breaks” feature in which users can showcase skills acquired during a professional pause. While tempting to declare the present day a new age of tolerance and compassion, a deeper analysis suggests it might be wise to take a more guarded perspective, as the reality of the post-pandemic labor market is still unfolding. Drawing on both current studies as well as executive compensation data from the 2008 Great Recession period, the authors show that resume gaps hurt job seekers, both in their ability to get jobs and their pay.
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WorkWorkSimone Biles Makes Public Plea Amid Gold Wins at Olympics
 In a post shared with her 1.9 million followers, Biles, 27, wrote: “You guys really gotta stop asking athletes what’s next after they win a medal at the Olympics,” She then followed up the initial post with an addendum, adding context to her request. “Let us soak up the moment we’ve worked our whole lives for,” she said.
WorkWork WorkWorkThe stockmarket rout may not be over - The Economist (No paywall)
For a while on August 5th things were looking awful. During the Asian trading session Japan’s benchmark Topix share index had fallen by 12%, marking its worst day since 1987. Stock prices in South Korea and Taiwan had tanked by 9% and 8% respectively, and European markets were falling. Before trading began in America, the VIX index, which measures how wildly traders expect share prices to swing, was at a level it had only reached early in the covid-19 pandemic and after Lehman Brothers collapsed in 2008. Ominously, though gold is usually a hedge against chaos, its price was falling—suggesting that investors might be selling assets they would rather hold on to in order to stay afloat. The previous week’s rout in global markets seemed to be spiralling into a full-blown crisis. WorkNasdaq Market Correction: 1 "Magnificent Seven" Stock to Buy Now, and Another to Avoid
Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool\'s board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Trevor Jennewine has positions in Amazon. The Motley Fool has positions in and recommends Amazon, Apple, Berkshire Hathaway, and Meta Platforms. The Motley Fool has a disclosure policy. Work WorkIntroducing Coach Walz: Five Takeaways from Philadelphia
Walz, who bowed toward Harris before beginning his speech, came off as delighted to speak on her behalf, with no reservations about playing second fiddle. His oratory never soared, but Harris reacted with obvious delight as he rattled off plain-spoken zingers. WorkWill Kamala Harris regret picking Tim Walz over Josh Shapiro?
Walz’s selection came as something of a surprise. For much of last week, betting markets had given Pennsylvania Gov. Josh Shapiro a more than 60 percent chance of joining the Democratic ticket. In opting for Walz instead, Harris defied the conventional wisdom among Democratic consultants, who had broadly favored Shapiro. And on Tuesday morning, some close to the Trump campaign told CNN that they were “breathing a sigh of relief” that the Democratic nominee had not tapped the popular Pennsylvania governor. WorkWorkKamala Harris's recent embrace of rent control, explained
Harris’s remarks to cap rents echoed a recent proposal from the Biden administration just two weeks earlier to limit rent hikes to 5 percent nationwide over the next two years for all landlords who own more than 50 units. (They estimate this would cover over 20 million units across the country.) The Biden plan — which would require congressional approval — would exempt not-yet-built units, so as to not discourage much-needed new housing. The two-year rent cap, Biden officials said, would serve as a way to drive down costs while new housing was under construction. WorkWhy the Japanese yen is pushing around the US stock market: Morning Brief
Wall Street is leaning toward a fairly quick resolution of the episode. Morgan Stanley\'s sales desk wrote to clients, \"We are closer to the end of the selling than to the beginning.\" JPMorgan\'s co-head of FX strategy Arindam Sandilya believes we\'re 50% to 60% through the carry unwind as of Monday. WorkOpinion | Tim Walz Is an Absolute Balm for My Country Heart
Mr. Walz went to a state college, taught public high school and went into government — more than a couple class rungs above my grandfather, who in the 1940s left school after sixth grade to work the Kansas wheat fields with his German American dad. WorkWork WorkWorkWorkGeorgia Board Grants Local Officials New Power Over Certifying Elections
And in Georgia, even before the state election board’s meeting on Tuesday, allies of Mr. Trump were seeking a similar resolution in the courts. In May, the America First Policy Institute filed a lawsuit on behalf of a member of the Fulton County, Ga., election board, arguing that she had the discretion to refuse certification and conduct an investigation because, as part of her oath, she had sworn to “prevent fraud, deceit and abuse.” WorkDoes a Speedsuit Make You Faster? Maybe. Does It Look Cool? Absolutely.
Among them: Cole Hocker, the American who shocked a full stadium to become Olympic champion, and Josh Kerr of Britain, who placed second. Ingebrigtsen’s younger brother Jakob, who had hoped to defend his Olympic title and has seldom worn anything but speedsuits during competitions, finished fourth. WorkWorkWorkWorkWhen life mirrors research: What a fall on the ice taught me about being Black and in pain
As I learned the hard way, everyone is just an injury or medical emergency away from chronic pain. Pain management of the future is not five or 10 years away. It should start today by upholding the civil rights of racialized populations, thus creating healthier lives and communities with less pain. Failure to do so will serve as the dominant modus operandi keeping a nation riddled with chronic pain and adverse economic and social impacts for generations to come. In the words of Malcolm X, “We want justice by any means necessary. We want equality by any means necessary.” WorkRace for Competitive Washington Congressional Seat Turns Into Rematch
Mr. Kent, a retired Green Beret, has the support of former President Donald J. Trump and has joined Mr. Trump in falsely claiming that the 2020 election was rigged. He advocated pardoning those who were accused of storming the Capitol on Jan. 6, 2021, describing them as political prisoners. WorkFerguson and Reichert Emerge in the Washington Primary for Governor
Mr. Ferguson has criticized Mr. Reichert’s record on abortion, including his votes in Congress in favor of banning most abortions after 20 weeks of pregnancy. Mr. Reichert has sought to distance himself from those votes, saying he would not change Washington State law on the issue, which permits abortions up until the point of viability or to protect the health of the mother. WorkMike Kehoe, Missouri's Lieutenant Governor, Wins G.O.P. Primary for Governor
But the election of former President Donald J. Trump in 2016 made clear that Missouri had turned into a solidly red state. That means that the winner of the Republican primary is widely expected to become the next governor, said Daniel Butler, a political scientist at Washington University in St. Louis. WorkHow Kamala Harris Trusted Her Gut and Picked Tim Walz
On Tuesday, she did just that, revealing Mr. Walz as her running mate after the two struck up an easy rapport in a Sunday sit-down at her residence, forming a fresh partnership that will define the Democratic Party in 2024 and potentially beyond. The story of how Ms. Harris came to pick Mr. Walz was told through conversations with about a dozen people involved in the selection process, many of whom spoke on the condition of anonymity to describe deliberations and discussions that were intended to remain private. WorkThe Country Left Out in the Cold in the East-West Prisoner Swap
But the absence of Belarusian prisoners from last week’s sprawling exchange has raised questions about why opponents of Mr. Lukashenko abroad, led by Svetlana Tikhanovskaya, the self-styled national leader of Belarus, have failed to make the release of prisoners a priority for the United States and other Western governments. WorkWorkWorkWorkBiotech mogul Arie Belldegrun extends empire with launch of $600 million credit firm - STAT (No paywall)
On Tuesday, Belledegrun and his team announced they have raised more than $600 million for a new life science credit firm called Symbiotic Capital. Symbiotic said it will provide loans to biotechs, companies manufacturing medical devices and health care tools, sequencing firms, and synthetic biology companies, and more. When it comes to drug companies, the firm will primarily focus on companies that have candidates in Phase 2 or Phase 3 clinical trials or commercial products. WorkRussia's bloody summer offensive is hurting Ukraine - The Economist (No paywall)
FOR THOSE arriving on the lunar, pockmarked terrain of Ukraine’s eastern front lines, life is often short. “The experienced soldiers fear getting to know the newcomers,” says “Artem”, a soldier once attached to the 59th brigade south of Pokrovsk, in the province of Donetsk. “Your fate is decided in the first few hours. Five, ten minutes, that’s really all it takes.” WorkWorkSquad member Cori Bush ousted amid Democrats' Israel divide
The Associated Press (AP) called Missouri's 1st Congressional District primary at 11 p.m. EST for Wesley Bell, the St. Louis county prosecuting attorney who was backed by the established pro-Israel political action committee, the American Israel Public Affairs Committee (AIPAC). WorkWhy Alex Walsh Was Disqualified Despite Finishing Third
But Walsh, who won a silver in the event in Tokyo, was disqualified for an inappropriate turn from backstroke to breaststroke, according to USA Swimming. The transition is a tricky one that’s been the topic of much debate among swim officials. According to the international swimming federation FINA, the same rules for each stroke apply in a medley race, and for backstroke “the swimmer must touch the wall while on the back.” In the individual medley, that has to happen before the swimmer moves into the next stroke, which is the breaststroke that’s swum face down. On Saturday, when Walsh touched the wall to finish her backstroke leg, her stomach faced the bottom of the pool, resulting in the disqualification. WorkCori Bush, 'Squad' Member and Vocal Critic of Israel, Loses Her Primary
Ms. Bush made herself vulnerable to a serious primary challenge through a string of controversial votes and positions. She was one of two Democrats who voted in January against a resolution to bar members of Hamas and anyone who participated in the attacks against Israel on Oct. 7 from the United States. WorkWorkWorkWorkWatch These Super Micro Computer Price Levels as Stock Slumps After Earnings
Finally, a more significant correction may lead to a retest of the $260 region, currently around 58% below Tuesday’s close, where the price would likely find support from a trendline linking the June 2023 swing high with a range of comparable trading levels on the chart between August and December last year. WorkWork3 Dividend Growth Stocks to Buy Hand Over Fist in August
Justin Pope has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Abbott Laboratories, Kenvue, and Pfizer. The Motley Fool recommends Johnson & Johnson and recommends the following options: long January 2026 $13 calls on Kenvue. The Motley Fool has a disclosure policy. WorkWorkWorkWorkWorkWorkTrump keeps losing his train of thought. Cognitive experts have theories about why
Determining a definitive cause for Trump’s shifts in language would require in-person tests and interviews, Lieberman said. And analysis is further complicated by Trump’s long-standard unusual communication manner: “You’ve got to keep talking. Never stop. Make up names for your opponent, make fun of your opponent, promise all kinds of things,” said Liberman, who compared Trump’s style to wrestling promo talk. |
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