SUCCESS
If You Broke Your New Year’s Resolutions, Here’s How You Can Get Back On Track
People love making New Year’s resolutions, but are not so great at keeping them. With high hopes for the future, people set their sights for the next 12 months on pushing forward their careers, saving money, making healthier lifestyle choices and protecting their mental health. It’s laudable to want to be better, but it’s challenging to stick with resolutions.
If this sounds like you, then you are not alone. According to Ohio State University’s Fisher College of Business, only 9% of people who make New Year’s resolutions actually keep them. Nearly a quarter of goal-setters ditch their resolutions by the first week of January, and 43% quit by the end of the month.
People fall short of their goals because they set them out of tradition rather than need. Without a need for change, it is far more challenging to stick to your resolutions, as they won’t make a meaningful impact in your life. Others do not plan for setbacks or failure, so when faced with an obstacle, they are unable to cope and give up on their resolutions entirely. People are more likely to quit their goals if there is no measure to track them. By seeing the data and actual progress, it gives you the motivation to keep moving forward. In addition to the data holding you accountable, it helps to write down your goals or share them with others, so they can help keep your eyes on the prize.
If you have yet to establish your goals for 2024 or have already fallen off the wagon, there’s no need to feel guilty or bad about yourself. It’s never too late to get back on track. Consider a holistic approach to your resolutions to ensure a sustainable path to success.
Top Stories For January 30, 2024 In Wall Street, The Economy, Sports, Politics, Technology And The Job Market
Wall Street
Tech giants are set to report quarterly earnings, starting on Tuesday with Alphabet and Microsoft. Wall Street is expecting good news, including more progress on artificial intelligence.
But the industry has also relied on another strategy to improve financials: layoffs. The cuts aren’t as widespread as last year, when hundreds of thousands of jobs were eliminated. But they’re a reminder that the tech sector is still trying to find its footing after a boom in hiring during the coronavirus pandemic and finding ways to preserve dizzying stock gains.
The cuts will probably continue so long as investors love them. Wall Street has rewarded tech companies that laid off thousands with higher stock prices. Meta’s shares have soared since it embarked on a self-described “year of efficiency” last year that has made it a third slimmer employee-wise. Those cost savings, coupled with a redoubled bet on A.I., has helped push the tech giant’s market value to over $1 trillion.
And venture capitalists have told DealBook that they’re ready to invest in start-ups — but that it helps if those companies have made themselves leaner. That, the investors say, will enable them to operate better in potentially difficult times.
Economy
Chair Jerome Powell will enter this week’s Federal Reserve meeting in a much more desirable position than he likely ever expected: Inflation is getting close to the Fed’s target rate, the economy is still growing at a healthy pace, consumers keep spending and the unemployment rate is near a half-century low.
Let's Go Live with Jack Kelly: Tuck Hauptfuhrer, EarnBetter
In this episode, I will be joined by Tuck Hauptfuhrer, founder and CEO of EarnBetter.
EarnBetter is a promising new startup, backed by Andreessen Horowitz and Abstract Ventures, that focuses on helping job seekers land their dream jobs. The platform is a free AI job search assistant that can write resumes, draft cover letters and find job matches in minutes.
We'll learn what inspired him to found this startup and the journey to funding. Tuck will also discuss why you should be leveraging this fast-growing technology in your job search, and walk us through how it works.
Sports
Ticket prices for this year’s Super Bowl matchup between the Kansas City Chiefs and San Francisco 49ers might even make billionaire Taylor Swift blush.
As of Monday, the February 11 game is the most expensive Super Bowl on record, according to TickPick. The average price is hovering around $9,800, which is 70% more expensive than last year’s big game.
The current “get-in” price (the cheapest) for this year’s game is $8,188, which is more than 50% more expensive than the cheapest ticket price of last year’s Super Bowl during this time, when it cost $5,997.
Politics
President Joe Biden’s evolution on the key election issue of immigration entered a new phase when he promised to “shut down the border right now” if given new powers by Congress.
The deeper policy context of the comments, delivered at a campaign event in South Carolina Saturday and in a statement from the White House on Friday, is that Biden wants to resuscitate a bipartisan deal to pair new border powers with additional military aid for Ukraine and Israel.
Tech
Elon Musk said that Neuralink implanted their brain chip in a human patient for the first time.
The tech entrepreneur, 52, shared on X that the unidentified patient “is recovering well” after the person “received an implant” on Sunday.
“Initial results show promising neuron spike detection,” added Musk, who founded the company in 2016. Musk did not provide any additional information regarding the patient’s condition or the procedure.
The quarter-size chip implant has dozens of tiny threadlike electrodes. The electrodes are then implanted into the brain itself and relay electrical signals from neurons, per the Wall Street Journal. The chip is placed in the brain’s region that controls the intention to move, reports Reuters.
Musk shared on X on Monday evening that the brain science startup company is working to create its first product “Telepathy.” Musk previously announced that Neuralink’s brain implant would be titled Link. Musk did not confirm if these are different products or if “Telepathy” is the new name for the brain implant.
In a follow-up X post, Musk revealed the product would allow humans the ability to control phones and computers “just by thinking.”
“Initial users will be those who have lost the use of their limbs,” explained Musk. “Imagine if Stephen Hawking could communicate faster than a speed typist or auctioneer. That is the goal.”
Musk confirmed in 2022 that he will also receive his own Neuralink implant, per CNBC.
Job Market
Workforce participation remains below pre-pandemic levels. We are missing 1.7 million Americans from the workforce compared to February of 2020.
UPS announced Tuesday that it will cut 12,000 jobs as part of a bid to save $1 billion costs. Managers and contractor positions will make up most of the layoffs.
The job cuts come as UPS issued a disappointing sales outlook for this year, saying it expects global revenue of between $92 billion to $94.5 billion.
American Airlines announced the layoff of hundreds of employees Monday as the carrier seeks to reorganize and improve its customer service team, according to the airline. The layoffs will eliminate 8.2% of its 8,000 customer service-related positions for a total of 656 employees, who are not represented by a union, according to Bloomberg.
Block, the blockchain and payments firm led by Twitter founder Jack Dorsey, confirmed that it has begun laying off employees this week as part of the company's previously disclosed plan to cut headcount by as much as 10% by the end of 2024.
How To Get A Job In Tough Times: All The Advice You Need To Succeed From A Top Executive Recruiter
There’s an old saying, “Tough times make tough people.” In this book, Jack Kelly will help guide you every step of the way in your job search to ensure that you stay strong, resilient and positive, and get that great, new job.
