2022 has been a bleak year for stock markets worldwide. A confluence of global factors has meant the MSCI World index of large and mid-cap stocks finished the year down by nearly 20 % . That is the biggest one-year loss for the index since 2008 when it dropped 40.1% during the financial crisis. But investors looking ahead to what 2023 might have in store may find it useful to know that stock markets generally deliver a positive start to the year following a year of poor returns. MSCI World index since 1970 CNBC Pro’s analysis of MSCI World index data since 1970 has found that the index was, 75% of the time, up by an average of 18.4% in the year following a negative one. To be sure, past performance is not indicative of future returns. There have been only two instances in which the index declined on two or more consecutive years: the 1973-1974 fallout from the collapse of the Bretton Woods system, which was compounded by an oil crisis; and the 2000-2002 dotcom crash, which was followed by the 9/11 terror attacks. The data on the first quarter following a year of negative returns was generally inconclusive, with the index rising 53.3% of the time by an average of 11%. Conversely, when the index does fall, it declines by an average of 5.7%. In January alone, after a year of negative returns, the index rose 60% of the time by an average of 4.6%. When stocks failed to rise, they fell by 3.2% on average. The S & P 500 since 1929 CNBC also analyzed the S & P 500 since 1929, which showed a similar picture. The U.S. large-cap index had a positive return the year after a bad one 65% of the time. On average, the index rose by 23.7%. But when it declined, it fell an average of 21.1%. However, the index performed worse on a quarterly basis. The S & P 500 declined more often (55%) than it rose after a year of negative returns. History could repeat itself — Goldman Sachs has forecast a decline of 9% for the first quarter of 2023. That will bring the S & P 500 down to 3,600 from its current level of around 3,800 points. The investment bank then sees the index rising to 3,900 over six months. As for the month of January, after a year of negative returns, the U.S. index performed very similarly to the MSCI World index. It rose 61.3% of the time by an average of 4.5%. When stocks failed to rise, they fell by an average of 4.1%. — MSCI derived data for the World index before 1986 by calculating how the index might have performed over that period had the index existed. Data was sourced from FactSet.
Author: CNBC News
Ukraine's cities begin 2023 under attack from more Russian missiles and drones
Residents of an apartment in Kyiv photograph the destruction after a Russian missile attack.
Sopa Images | Lightrocket | Getty Images
Ukrainians faced a grim start to 2023 as Sunday brought more Russian missile and drone attacks following a blistering New Year’s Eve assault that killed at least three civilians across the country, authorities reported.
Air raid sirens sounded in the capital shortly after midnight, followed by a barrage of missiles that interrupted the small celebrations residents held at home due to wartime curfews. Ukrainian officials alleged Moscow was deliberately targeting civilians along with critical infrastructure to create a climate of fear and destroy morale during the long winter months.
In a video address Sunday night, President Volodymyr Zelenskyy praised his citizens’ “sense of unity, of authenticity, of life itself.” The Russians, he said, “will not take away a single year from Ukraine. They will not take away our independence. We will not give them anything.”
We already know the sound of rockets, we know the moment they fly, we know the sound of drones.
Oleksander Dugyn
Kyiv resident
Ukrainian forces in the air and on the ground shot down 45 Iranian-made explosive drones fired by Russia on Saturday night and before dawn Sunday, Zelenskyy said.
Another strike at noon Sunday in the southern Zaporizhzhia region killed one person, according to the head of the regional military administration, Alexander Starukh. But Kyiv was largely quiet, and people there on New Year’s Day savored the snippets of peace.
“Of course it was hard to celebrate fully because we understand that our soldiers can’t be with their family,” Evheniya Shulzhenko said while sitting with her husband on a park bench overlooking the city.
But a “really powerful” New Year’s Eve speech by Zelenskyy lifted her spirits and made her proud to be Ukrainian, Shulzhenko said. She recently moved to Kyiv after living in Bakhmut and Kharkiv, two cities that have experienced some of the heaviest fighting of the war.
Multiple blasts rocked the capital and other areas of Ukraine on Saturday and through the night, wounding dozens. An AP photographer at the scene of an explosion in Kyiv saw a woman’s body as her husband and son stood nearby.
Ukraine’s largest university, the Taras Shevchenko National University in Kyiv, reported significant damage to its buildings and campus. Mayor Vitali Klitschko said two schools were damaged, including a kindergarten.
Russia tries to rob Ukraine of energy
The strikes came 36 hours after widespread missile attacks Russia launched Thursday to damage energy infrastructure facilities. Saturday’s unusually quick follow-up alarmed Ukrainian officials. Russia has carried out airstrikes on Ukrainian power and water supplies almost weekly since October, increasing the suffering of Ukrainians, while its ground forces struggle to hold ground and advance.
Nighttime shelling in parts of the southern city of Kherson killed one person and blew out hundreds of windows in a children’s hospital, according to deputy presidential chief of staff Kyrylo Tymoshenko. Ukrainian forces reclaimed the city in November after Russia’s forces withdrew across the Dnieper River, which bisects the Kherson region.
When shells hit the children’s hospital on Saturday night, surgeons were operating on a 13-year-old boy who was seriously wounded in a nearby village that evening, Kherson Gov. Yaroslav Yanushevych said. The boy was transferred in serious condition to a hospital about 99 kilometers (62 miles) away in Mykolaiv.
The Ukrainian forces have had the momentum for several months but we also know that Russia has mobilized many more forces.
Jens Stoltenberg
NATO Secretary-General
Elsewhere, a 22-year-old woman died of wounds from a Saturday rocket attack Saturday in the eastern town of Khmelnytskyi, the city’s mayor said.
Instead of New Year’s fireworks, Oleksander Dugyn said he and his friends and family in Kyiv watched the sparks caused by Ukrainian air defense forces countering Russian attacks.
“We already know the sound of rockets, we know the moment they fly, we know the sound of drones. The sound is like the roar of a moped,” said Dugyn, who was strolling with his family in the park. “We hold on the best we can.”
Couples participate in a traditional dance gathering in an underground mall on New Year’s Day, 2023, in Kyiv, Ukraine. Civilians experience a daily barrage of missiles and drones from a Russian military that has proven incapable of beating Ukrainian troops on the ground.
Spencer Platt | Getty Images News | Getty Images
While Russia’s bombardments have left many Ukrainians without heating and electricity due to damage or controlled blackouts meant to preserve the remaining power supply, Ukraine’s state-owned grid operator said Sunday there would be no restrictions on electricity use for one day.
“The power industry is doing everything possible to ensure that the New Year’s holiday is with light, without restrictions,” utility company Ukrenergo said.
It said businesses and industry had cut back to allow the additional electricity for households.
Zelenskyy, in his nightly address, thanked utility workers for helping to keep the lights on during the latest assault. “It is very important how all Ukrainians recharged their inner energy this New Year’s Eve,” he said.
Ukraine reminds EU: We want to join
In separate tweets Sunday, the Ukrainian leader also reminded the European Union of his country’s wish to join the EU. He thanked the Czech Republic and congratulated Sweden, which just exchanged the EU’s rotating presidency, for their help in securing progress for Ukraine’s bid.
Meanwhile, NATO Secretary-General Jens Stoltenberg said the Western military alliance’s 30 members need to “ramp up” arms production in the coming months both to maintain their own stockpiles and to keep supplying Ukraine with the weapons it needs to fend off Russia.
The war in Ukraine, now in its 11th month, is consuming an “enormous amount” of munitions, Stoltenberg told BBC Radio 4’s “The World This Weekend” in an interview that aired Sunday.
“It is a core responsibility for NATO to ensure that we have the stocks, the supplies, the weapons in place to ensure our own deterrence and defense, but also to be able to continue to provide support to Ukraine for the long haul,” he said.
Achieving the twin goals “is a huge undertaking. We need to ramp up production, and that is exactly what the NATO allies are doing,” Stoltenberg said.
The NATO chief said that while Russia has experienced battlefield setbacks and the fighting on the ground appears at a stalemate, “Russia has shown no sign of giving up its overall goal of taking control over Ukraine.” he said.
“The Ukrainian forces have had the momentum for several months but we also know that Russia has mobilized many more forces. Many of them are now training.”
“All that indicates that they are prepared to continue the war and also potentially try to launch a new offensive,” Stoltenberg said.
He added that what Ukraine can achieve during negotiations to end the war will depend on the strength it shows on the battlefield.
“If we want a negotiated solution that ensures that Ukraine prevails as a sovereign, independent, democratic state in Europe, then we need to provide support for Ukraine now,” Stoltenberg said,
‘I work just 5 hours a week': A 39-year-old who makes $160,000/month in passive income shares his best business advice
When starting a business, it’s sometimes hard to know what to prioritize, and going at it alone can be overwhelming. But there are strategies you can use to avoid common pitfalls.
My mission is to teach people how to earn money from their passions. It’s what I did: I went from living on food stamps to building two online businesses.
Today, I run a music blog, The Recording Revolution, and a entrepreneurship coaching company. I work just five hours a week from my home office and make $160,000 a month in passive income.
Here’s what I tell my 3,000 clients to think about in the first 30 days of starting a business:
1. Be clear about how you want to spend your time.
Many new business owners I meet know only one thing: how much money they want to make.
While that’s a great starting point, it’s incomplete. Your business should serve your life, not the other way around. So make sure it aligns with your hopes, dreams and goals.
To get clear about the type of business and life you want, ask three questions:
- What does a perfect day look like to you? Don’t just think about your typical workday. Consider other life activities you want to fit into your day, like exercising or spending time with family.
- How many hours do you want to work a week? You don’t have to follow the standard 40-hour workweek. Knowing exactly how many hours you want to work will help you better prioritize tasks.
- How important is time off? Some people don’t care much about taking time off, as long as they love what they do. Others value extended time off. In order to have money flowing in when you’re not working, you’ll need to have some sort of passive income stream.
2. Simplify your business model.
When I started my music education business, people told me I needed to test my sales pages, throw launch parties and pre-record a bunch of ads in order to grow.
Rather than stretching myself thin doing things that didn’t make sense to me, I kept it simple and focused on three things: creating weekly content for my blog and YouTube channel, growing my email list from that audience, and promoting the paid products I created to that list.
If you’re just starting out, develop content around your expertise to grow an audience. It doesn’t have to be perfect. You can iterate as you go and design new products based on what your customers want more of.
3. Cut out unnecessary daily tasks.
Identify what daily activities will help you earn more. Don’t waste time or burn yourself out focusing on unimportant tasks.
It might feel good to get to inbox zero or change the color of the buttons on your website, especially in the early days where you want to feel like you’ve achieved a goal. But neither of those things will make you money.
Before you start a new task, ask yourself three questions:
- What’s the expected outcome for doing this task?
- Does it lead to more money?
- Can I point to a direct link between doing that task and earning income?
- What’s the cost of doing this instead of something else?
4. Prioritize having fun.
People can tell if you’re just doing something for the money or if you actually love what you do. That authenticity will connect you deeper to your customers and it will sustain you for the long haul.
You don’t want to burn out because you spent all your time doing things that weren’t meaningful to you.
I always give my students this framework when they are beginning their entrepreneur journey: Build a business around something you see yourself doing and enjoying for the next 10 years.
Graham Cochrane is founder of The Recording Revolution and author of “How to Get Paid for What You Know.” He has helped more than 3,000 people launch and improve their own businesses. Follow him on Instagram and Twitter.
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North Korea's Kim orders 'exponential' expansion of nuke arsenal
North Korean leader Kim Jong Un ordered the “exponential” expansion of his country’s nuclear arsenal and the development of a more powerful intercontinental ballistic missile, state media reported Sunday, after he entered 2023 with another weapons launch following a record number of testing activities last year.
Kim’s moves are in line with the broad direction of his nuclear program. He has repeatedly vowed to boost both the quality and quantity of his arsenal to cope with what he calls U.S. hostility. Some experts say Kim’s push to produce more nuclear and other weapons signals his intention to continue a run of weapons tests and ultimately solidify his future negotiating power and win greater outside concessions.
“They are now keen on isolating and stifling (North Korea), unprecedented in human history,” Kim said at a recently ended key ruling party meeting, according to the official Korean Central News Agency. “The prevailing situation calls for making redoubled efforts to overwhelmingly beef up the military muscle.”
During the six-day meeting meant to determine new state objectives, Kim called for “an exponential increase of the country’s nuclear arsenal” to mass produce battlefield tactical nuclear weapons targeting South Korea. He also presented a task to develop a new ICBM missioned with a “quick nuclear counterstrike” capability — a weapon he needs to strike the mainland U.S. He said the North’s first military reconnaissance satellite will be launched “at the earliest date possible,” KCNA said.
“Kim’s comments from the party meeting reads like an ambitious — but perhaps achievable — New Year’s resolution list,” said Soo Kim, a security analyst at the California-based RAND Corporation. “It’s ambitious in that Kim consciously chose to spell out what he hopes to accomplish as we head into 2023, but it also suggests a dose of confidence on Kim’s part.”
Last month, North Korea claimed to have performed key tests needed for the development of a new strategic weapon, a likely reference to a solid-fueled ICBM, and a spy satellite.
Kim’s identification of South Korea as an enemy and the mention of hostile U.S. and South Korean policies is “a reliable pretext for the regime to produce more missiles and weapons to solidify Kim’s negotiating position and concretize North Korea’s status as a nuclear weapons power,” Soo Kim said.
Later Sunday, South Korea’s Defense Ministry reiterated a warning that any attempt to use nuclear weapons by North Korea “will lead to the end of the Kim Jong Un government.” The U.S. military has previously made similar warnings.
“The new year started but our security situation is still very grave,” South Korean President Yoon Suk Yeol told top military officers during a video conference. “Our military must resolutely punish any provocation by the enemy with a firm determination that we dare to risk fighting a battle.”
Senior diplomats from South Korea, the U.S. and Japan spoke by phone and agreed that provocations by North Korea would only deepen its international isolation and prompt their trilateral security cooperation. They still reaffirmed that the door to dialogue with North Korea remains open, according to the South Korean Foreign Ministry.
Since his high-stakes summitry with then-President Donald Trump collapsed in 2019 due to wrangling over U.S.-led sanctions, Kim Jong Un has refused to return to talks with Washington and taken steps to enlarge his arsenal. Some observers say Kim would eventually want to make North Korea a legitimate nuclear power so as to win the lifting of international sanctions and the end of the regular U.S.-South Korean military drills that he views as a major security threat.
“It was during his 2018 New Year’s speech that (Kim) first ordered the mass production of warheads and ballistic missiles, and he’s doubling down on that quantitative expansion goal in the coming year,” said Ankit Panda, an expert with the Carnegie Endowment for International Peace.
Panda said the reference to a new ICBM appears to concern a solid-propellant system, which could be tested soon. He said a satellite launch could take place in April, a month that includes a key state anniversary.
Worries about North Korea’s nuclear program have grown since the North last year approved a new law that authorized the preemptive use of nuclear weapons in a broad range of situations and openly threatened to use its nuclear weapons first. During last week’s party meeting, Kim reiterated that threat.
Earlier Sunday, South Korea’s military detected a short-range ballistic missile launched from the North’s capital region. It said the weapon traveled about 400 kilometers (250 miles) before falling into the water between the Korean Peninsula and Japan. The U.S. Indo-Pacific Command said that the U.S. commitments to defend South Korea and Japan “remain ironclad.”
North Korea test-fired more than 70 missiles last year, including three short-range ballistic missiles detected by South Korea on Saturday. The testing spree indicates the country is likely emboldened by its advancing nuclear program. Observers say the North was also able to continue its banned missile tests because China and Russia have blocked the U.S. and others from toughening U.N. sanctions at the Security Council.
KCNA confirmed Sunday that the country conducted the test-firings of its super-large multiple rocket launcher on Saturday and Sunday. Kim Jong Un said the rocket launcher puts all of South Korea within striking distance and is capable of carrying a tactical nuclear warhead, according to KCNA.
“Its recent missile launches were not technically impressive. Instead, the high volume of tests at unusual times and from various locations demonstrate that North Korea could launch different types of attack, anytime, and from many directions,” said Leif-Eric Easley, a professor at Ewha University in Seoul.
Animosities between the rival Koreas have further deepened since early last week, when South Korea accused North Korea of flying drones across their heavily fortified border for the first time in five years and responded by sending its own drones toward the North.
Here's a list of places imposing rules on travelers from China as Covid surges
Authorities around the world are imposing or considering curbs on travelers from China as Covid-19 cases in the country surge following its relaxation of “zero-Covid” rules.
They cite a lack of information from China on variants and are concerned about a wave of infections. China has rejected criticism of its Covid data and said it expects future mutations to be potentially more transmissible but less severe.
Below is a list of regulations for travelers from China.
Places imposing curbs
United States
The United States will impose mandatory Covid-19 tests on travelers from China beginning on Jan. 5. All air passengers aged two and older will require a negative result from a test no more than two days before departure from China, Hong Kong or Macau. The Centers for Disease Control and Prevention also said U.S. citizens should also reconsider travel to China, Hong Kong and Macau.
Britain
The UK will require a pre-departure negative Covid-19 test from passengers from China as of Jan. 5, the Department of Health said on Friday.
France
The Arc de Triomphe on New Year’s Eve celebrations in Paris.
Julien De Rosa | Afp | Getty Images
France will require travelers from China to provide a negative Covid test result less than 48 hours before departure, the health and transport ministries said on Friday.
From Jan. 1, France will also carry out random PCR Covid tests upon arrival on some travelers coming from China, a government official told reporters.
Australia
Travelers from China to Australia will need to submit a negative COVID-19 test from Jan. 5, Australian health minister Mark Butler said on Sunday, joining other nations that have implemented similar restrictions as cases surge in China.
India
The country has mandated a Covid-19 negative test report for travelers arriving from China, Hong Kong, Japan, South Korea and Thailand, the health minister said. Passengers from those countries will be quarantined if they show symptoms or test positive.
Canada
Air travelers to Canada from China must test negative for Covid-19 no more than two days before departure, Ottawa said on Saturday, joining other nations that have implemented such restrictions.
Japan
Osaka, Japan.
Sopa Images | Lightrocket | Getty Images
Italy
Italy has ordered Covid-19 antigen swabs and virus sequencing for all travelers from China. Milan’s main airport, Malpensa, had already started testing passengers arriving from Beijing and Shanghai. “The measure is essential to ensure surveillance and detection of possible variants of the virus in order to protect the Italian population,” Health Minister Orazio Schillaci said.
Spain
Malaysia
Kuala Lumpur, Malaysia.
Bloomberg | Bloomberg | Getty Images
Malaysia will screen all inbound travelers for fever and test wastewater from aircraft arriving from China for Covid-19, Minister Zaliha Mustafa said in a statement.
Taiwan
Taiwan’s Central Epidemic Command Centre said all passengers on direct flights from China, as well as by boat at two offshore islands, will have to take PCR tests upon arrival, starting on Jan. 1.
South Korea
South Korea will require travelers from China to provide negative Covid test results before departure, South Korea’s News1 news agency reported on Friday.
Morocco
Rabat, Morocco.
Nurphoto | Nurphoto | Getty Images
Morocco will impose a ban on people arriving from China, whatever their nationality, from Jan. 3 to avert any new wave of coronavirus infections, the foreign ministry said on Saturday.
Places monitoring the situation
Philippines
The Philippines sees a need to intensify the monitoring and implementation of border control for incoming individuals especially from China that is experiencing a record surge in Covid-19 cases, Manila’s health ministry said on Saturday.
China's home prices fell at an accelerating rate in December, survey shows
People visit a residential sales office in Shandong Province, China, on Dec. 15, 2022. Home prices in 100 cities fell for the sixth month in a row in December, according to a private Chinese survey.
Future Publishing | Future Publishing | Getty Images
China’s home prices fell at a faster pace in December, according to a private survey on Sunday, reflecting persistently weak demand amid rising Covid-19 cases despite a slew of support measures.
China’s property market crisis worsened this summer, with official data showing home prices, sales and investment all falling in recent months, adding pressure on the faltering economy.
Home prices in 100 cities fell for the sixth month in a row in December, declining 0.08% from a month earlier after falling 0.06% in November, according to the survey by China Index Academy, one of the country’s largest independent real estate research firms.
Among the 100 cities, 68 cities posted a fall in monthly prices, compared with 57 in November, the survey showed.
China has in recent weeks ramped up support for the industry in a bid to relieve a long-running liquidity squeeze that has hit developers and delayed completion of many housing projects, further undermining buyers’ confidence. The moves have included lifting a ban on fundraising via equity offerings for listed property firms.
The property sector has also got a slight boost after Beijing abruptly dropped its strict zero-Covid policy in early December, which could lure consumers back to showrooms. But the virus is now spreading largely unchecked and likely infecting millions of people a day, according to some international health experts.
“Real estate policies may continue to maintain an accommodative tone with room for policy easing on the supply and demand side in 2023,” said the real estate research firm, adding “the housing market is expected to stabilize gradually next year.”
Bombardment, air raid sirens mark Ukraine's start to the New Year
Rescuers work at a site of a building damaged during a Russian missile strike, amid Russia’s attack on Ukraine, in Kyiv, Ukraine on Dec. 31, 2022.
Gleb Garanich | Reuters
Russia continued intense attacks on Kyiv and other parts of Ukraine early on New Year’s Day, following a barrage of missiles fired on Saturday, with air raid sirens wailing for hours overnight.
Ukraine’s Air Force command said that they had destroyed 45 Iranian-made Shahed drones — 32 of them after midnight on Sunday and 13 late on Saturday.
Russia’s President Vladimir Putin in a combative New Year address signaled that the war, now in its 11th month, will continue, a speech that contrasted with Ukraine President Volodymyr Zelenskiy’s messages of gratitude and unity.
As sirens blared for over 4 hours in Kyiv, some people shouted from their balconies, “Glory to Ukraine! Glory to heroes!” Reuters witnesses reported.
Curfews ranging from 7 p.m. to midnight remained in place across the country, making celebrations for the start of 2023 impossible in public spaces.
Fragments from destroyed missiles caused minimal damage in the capital’s center, and preliminarily reports indicated there were no wounded or casualties, Kyiv Mayor Vitali Klitschko said on social media.
Ukraine’s top command said in a report on Sunday that Russia had launched 31 missile and 12 air strikes across the country in the previous 24 hours.
U.S. Ambassador to Ukraine Bridget Brink said on Twitter: “Russia coldly and cowardly attacked Ukraine in the early hours of the new year. But Putin still does not seem to understand that Ukrainians are made of iron.”
Andrii Nebytov, chief of Kyiv’s police, posted a photo on his Telegram messaging app, allegedly of a piece of drone used in the attack on the capital with a hand-written sign on it in Russian saying “Happy New Year”.
“These wreckage are not at the front, where fierce battles are taking place, they are here, on a sports grounds, where children play,” Nebytov said.
Attacks on Saturday killed at least one person in Kyiv and injured a dozen. They followed many bombardments over the past months, which Russia has chiefly directed at Ukraine’s energy and water infrastructure.
The newest attacks had damaged infrastructure in Sumy, in the northeast of the country, Khmelnytskyi in the west and Zaporizhzhia and Kherson in southeast and south, the General Staff of Ukraine’s Armed Forces said.
“Let the day be quiet,” Valentyn Reznichenko, governor of the Dnipropetrovsk region said early on Sunday, after reporting heavy shelling of several communities in the region overnight, that wounded one.
Separately, Vyacheslav Gladkov, governor of the southern Russian region of Belgorod bordering Ukraine, said that overnight shelling of the outskirts of Shebekino town had damaged houses but there were no casualties.
Russian media also reported multiple Ukrainian attacks on the Moscow-controlled parts of the Donetsk and Luhansk regions, with local officials saying that at least nine people were wounded.
Russia’s RIA state news agency reported, citing a local doctor, that six people were killed when a hospital in Donetsk was attacked on Saturday.
There was no immediate response from Kyiv, which almost never publicly claims responsibility for any attacks inside Russia or on Russian-controlled territories in Ukraine.
Reuters was not able to independently verify the Russian media reports.
Putin launched his invasion of Ukraine on Feb. 24, calling it a “special operation” to “denazify” and demilitarise Ukraine, which he said was a threat to Russia. Kyiv and its Western allies say Putin’s invasion was merely an imperialist land grab.
Russian forces have been engaged for months in fierce fighting in the east and south of Ukraine, trying to defend the lands Moscow proclaimed it annexed in September and which make up the broader Ukrainian industrial Donbas region.
Should you get creative with your resume? Experts decide whether you're more likely to land your dream job
When you’re applying for your dream job, making your application stand out can be key.
One way people are trying to do this is by making their resumes look like a company’s website or product, or adding key style elements used by the company to their resumes.
Eleonora Papini has followed this approach many times.
“It’s tough to squeeze my life, experiences and skills into one, two pages, having stunning graphics can help convey my dedication and creativity much better than words would,” she told CNBC’s Make It.
For a recent application to Netflix, she recreated the streaming services’ home screen. The boxes that usually show movie or series titles and images instead included her details.
In an application for British cosmetics company Lush, she incorporated elements like its font, and swathes of Lush’s products, which the company also uses on its website. Papini also added themed sections like an “ingredients” list that listed her skills to her resume.
Marketing graduate Lap Tran followed a similar approach when applying to an internship at Spotify earlier this year. He used the company’s color scheme, font and replicated its layout for his resume.
Do job applicants think it’s worth it?
At the time, Tran thought it might be worth the additional time to stand out and make his resume more appealing to a large-scale company. But he has since changed his mind.
“Looking back at it, it was not worth the extra effort, but a good bit of experience with themed CVs, since I was not chosen or even emailed to be notified of not being chosen,” he told CNBC’s Make It.
Eleonora also has not noticed a major difference after applying to various companies. “Only one recruiter contacted me and complimented my CV,” she said.
However, she still thinks making creative resumes can be worth the time investment for some applicants.
“I think it’s worth it if you like to ‘play’ with graphics. I like it and enjoy creating new graphics and testing new strategies,” she explains, but she believes the approach does not suit everyone — especially if graphic design is not one of your main skills.
The verdict from experts
Experts also appear to be cautious.
Professional resume writer Suzie Henriques, who is based in the U.K., told CNBC’s Make It that a traditional approach is usually a safer bet.
“Most of the time, the traditional text-based format is usually best,” she said. “The standard CV is universally intelligible and remains the gold standard during the recruitment process.”
Career coach and resume writer Amanda Augustine, who works for U.S.-based company TopResume has a similar view.
“Rather than adding design elements to mimic the employer’s brand, it would be more effective to customize the content of your resume and cover letter based on the specific job listing,” she said.
Highly creative resumes could even lower your chances of securing an interview, the experts say.
One reason for this is distraction, Gaelle Blake, head of permanent appointments at recruitment firm Hays says.
“Crucial details could be harder to find in a creative CV or potentially distract from your credentials,” she told CNBC’s Make It, adding that these key facts about skills and experience are the most important part of a resume for recruiters.
Additionally, a lot of companies use software that reads and filters resumes. This might also cause issues, Henriques explains.
“Some organisations use candidate management software to parse the information on your CV into their system and an unusual or very visual format may not be compatible with this, which means the text you have included may end up not being readable at the other end,” she says.
What to do instead
The one notable exception are highly creative jobs and industries, all three experts told Make It, adding that including links to portfolios for websites are good ways to showcase creativity.
Usually standard resumes are no less effective, they say — but there are a few things to keep in mind.
Henriques suggests keeping the design clear and simple.
“I recommend using clear section headings, leaving plenty of white space and if you want to add some flair then border lines, bullet points and some light shading can really draw the reader’s eye to the key areas,” she says.
When it comes to content, Augustine believes that resumes should be more than just a series of bullet points.
“They want your resume to read like a story, explaining why you’re qualified for the job you want,” she says, adding that role-specific examples and data are helpful ways to do this.
Meanwhile, Blake urges applicants not to overlook the basics — checking for spelling, grammar and punctuation errors is key, she says.
Her final piece of advice however goes beyond resumes. Making sure you are able to explain your skills in a compelling way during interviews is just as important, she believes.
“Don’t rely on your CV to do all the talking for you,” Blake concludes.
Chief Justice John Roberts say judges' safety is 'essential' to the U.S. court system
U.S. Supreme Court justices Amy Coney Barrett, Neil M. Gorsuch, Brett M. Kavanaugh, Ketanji Brown Jackson, Sonia Sotomayor, Clarence Thomas, Chief Justice John G. Roberts, Jr., Samuel A. Alito, Jr. and Elena Kagan pose for their group portrait at the Supreme Court in Washington, U.S., October 7, 2022.
Evelyn Hockstein | Reuters
With security threats to Supreme Court justices still fresh memories, Chief Justice John Roberts on Saturday praised programs that protect judges, saying that “we must support judges by ensuring their safety.”
Roberts and other conservative Supreme Court justices were the subject of protests, some at their homes, after the May leak of the court’s decision that ultimately stripped away constitutional protections for abortion. Justice Samuel Alito has said that the leak made conservative justices “targets for assassination.” And in June, a man carrying a gun, knife and zip ties was arrested near Justice Brett Kavanaugh’s house after threatening to kill the justice, whose vote was key to overturning the court’s Roe v. Wade decision.
Roberts, writing in an annual year-end report about the federal judiciary, did not specifically mention the abortion decision, but the case and the reaction to it seemed to be clearly on his mind.
“Judicial opinions speak for themselves, and there is no obligation in our free country to agree with them. Indeed, we judges frequently dissent — sometimes strongly — from our colleagues’ opinions, and we explain why in public writings about the cases before us,” Roberts wrote.
Polls following the abortion decision show public trust in the court is at historic lows. And two of Roberts’ liberal colleagues who dissented in the abortion case, Justices Elena Kagan and Sonia Sotomayor, have said the court needs to be concerned about overturning precedent and appearing political.
After the leak and threat to Kavanaugh, lawmakers passed legislation increasing security protection for the justices and their families. Separately, in December, lawmakers passed legislation protecting the personal information of federal judges including their addresses.
The law is named for the son of U.S. District Judge Esther Salas, 20-year-old Daniel Anderl, who was killed at the family’s New Jersey home by a man who previously had a case before her.
Roberts thanked members of Congress “who are attending to judicial security needs.” And he said programs that protect judges are “essential to run a system of courts.”
In writing about judicial security, Roberts told the story of Judge Ronald N. Davies, who in September 1957 ordered the integration of Little Rock Central High School in Arkansas. Davies’ decision followed the Supreme Court’s Brown v. Board of Education ruling that segregated schools were unconstitutional and rejected Arkansas Gov. Orval Faubus’ attempt to stop school integration.
Davies “was physically threatened for following the law,” but the judge was “uncowed,” Roberts said.
“A judicial system cannot and should not live in fear. The events of Little Rock teach about the importance of rule by law instead of by mob,” he wrote.
Roberts noted that officials are currently working to replicate the courtroom Davies presided over in 1957. Roberts said the judge’s bench used by Davies and other artifacts from the courtroom have been preserved and will be installed in the re-created courtroom in a federal courthouse in Little Rock “so that these important artifacts will be used to hold court once again.”
Before that happens, however, the judge’s bench will be on display as part of an exhibit at the Supreme Court beginning in the fall and for the next several years, he said.
“The exhibit will introduce visitors to how the system of federal courts works, to the history of racial segregation and desegregation in our country, and to Thurgood Marshall’s towering contributions as an advocate,” Roberts said. Marshall, who argued Brown v. Board of Education, became the Supreme Court’s first Black justice in 1967.
The Supreme Court is still grappling with complicated issues involving race. Two cases this term deal with affirmative action, and the court’s conservative majority is expected to use them to reverse decades of decisions that allow colleges to take account of race in admissions. In another case, the justices could weaken the federal Voting Rights Act of 1965, the crown jewel of the civil rights movement.
The justices will hear their first arguments of 2023 on Jan. 9.
A cardiologist shares the 4 worst foods for high cholesterol—and what she eats to keep her ‘heart healthy’
Want to maintain a healthy heart and brain? Keep a close eye on your cholesterol numbers.
LDL (low-density lipoprotein) cholesterol builds up in the arteries and forms plaque, which blocks blood flow to the brain. HDL (high-density lipoprotein) cholesterol picks up the LDL and takes it to the liver to be processed.
The optimal levels vary from person to person, so always check with your doctor first.
As a cardiologist who treats patients with high cholesterol, I always try to use diet as medicine first. Here are the four worst foods for high cholesterol — and what I eat instead to keep my heart healthy:
1. Red meat
Yes, that includes burgers, ribs, steak and pork chops. If you don’t want to cut out red meat altogether, focus on small amounts of lean meat. And by small, I mean a portion size of up to three ounces — and eat red meat at most, once a week.
Remember that poultry also contains saturated fat, so avoiding red meat doesn’t necessarily mean you should load up on chicken.
As for meat alternatives, I’m generally skeptical about engineered foods. To me, plants were never meant to bleed.
What to eat instead: Think fish and shellfish. Shrimp may be high in cholesterol, but as long as you don’t douse it with butter, it will supply you with plenty of protein while leaving your blood cholesterol alone.
Some other delicious lean protein options are white-fleshed fish like tilapia, halibut, cod and bass.
2. Anything fried
Frying food typically ups the calorie count because saturated or trans fats and cholesterol are absorbed by the foods during the process.
What to eat instead: Bake potatoes, kale or broccoli to a crisp when you’re craving crunch. Or, you can invest in an air fryer, which uses much less fat.
3. Processed meat
The World Health Organization has classified processed meats such as bacon, hot dogs and salami as carcinogens. Processed meat is also loaded in sodium and saturated fat.
What to eat instead: Fake bacon is unlikely to satisfy your cravings for a BLT. My advice? Cut way back on these products and make them special occasion treats.
4. Baked goods
Mass-produced cookies, cakes and pastries are often dense in calories, low in nutrients, and contain large amounts of fat (especially saturated fats like butter and shortening) and sugar. All of these are big culprits of high cholesterol.
What to eat instead: Bake at home, and control the amount and type of fat and sugar you use.
Dr. Elizabeth Klodas is a cardiologist and founder of Step One Foods. Trained at Mayo Clinic and Johns Hopkins, Dr. Klodas has published dozens of scientific articles throughout her career, authored a book for patients, “Slay the Giant: The Power of Prevention in Defeating Heart Disease,″ and served as founding editor-in-chief of Cardiosmart.org.
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