Hello! The answer to the age-old question of who gets the dog in a divorce is becoming a little easier thanks to the rise of prenuptial agreements regarding pets.
But first, no comments.
If this was forwarded to you, please sign up here.
The big story
TMI = Too Much Information
Valerie Rodriguez and Alyssa Powell/BI
We are taught to share as children, but sharing in the workplace has serious drawbacks.
Human Resources Director Valerie Rodriguez detailed what not to tell your boss to avoid an uncomfortable situation.
For example, your weekend plans should be kept to yourself so they can’t be used against you.
Rodriguez’s friend had previously told her manager that she was enjoying the concert, but when she called in sick because people thought she had been at a concert, she was the subject of gossip at work.
This may seem like an extreme situation, an example of a toxic work environment, but that doesn’t make the point any less valid: Revealing personal information in the workplace is likely to do more harm than good.
This is an important lesson to learn as the workplace has changed dramatically since the pandemic, with Zoom calls and Google Hangouts removing some of the barriers between work and personal life (remember virtual happy hours?!).
Add in the fact that Gen Z is the newest entrants into the workforce and is unfamiliar with typical corporate practices, and you can see that over-sharing can be problematic.
Eddie Gramajo (not pictured) was fired after 18 months at Deloitte. shapecharge/Getty, Tyler Le/BI
You may feel that abandoning your individuality at work will ultimately hold you back.
After all, building relationships with your coworkers can be your ticket to success, and hiring unique people has its advantages.
But Eddie Gramajo fell into the trap of prioritizing Deloitte’s culture over the actual work he was doing, and was fired after 18 months.
Gramajo, who worked at Dropbox before building a successful career in tech, struggled when he joined a Big 4 company as a first-generation college graduate from a low-income background. Surrounded by people who felt more comfortable in a corporate environment, he relied on one of his greatest strengths: his relationship-building skills.
It worked for a while, but the performance issues that stemmed from not being able to focus on work piled up and eventually led to my firing.
Gramajo’s experience at Deloitte was 10 years ago, but the lessons are even more relevant today: With the economic downturn and fears of layoffs looking like they’ll never go away, employees might be better off focusing on their jobs.
After all, they say friends at work are overrated.
Breaking News
Top News
Three things in the market
Getty Images; Chelsea Jia Feng/BI The impact of interest rate cuts on the US dollar. When the rate cut takes effect next month, Treasury yields will fall, hitting the US dollar. But the strength of the stock market is limiting the decline, according to Goldman Sachs. More broadly, economic researchers highlight the four biggest headwinds for the dollar. When it comes to investing, it’s time to start bargain shopping. GMO, the investment firm led by legendary investor Jeremy Grantham, sees great potential in “deep value” stocks. These securities are cheap relative to their true fundamental value and should benefit as investor sentiment towards mega-caps eases. A more understandable recession indicator. Tired of trying to understand a recession signal that combines a series of complicated date points? The Perkins Rule might be just the thing for you. This indicator is triggered only when a negative monthly payroll report is received. (We’re not there yet.)
Three things about technology
Steve Jennings/Getty Images Telegram said its CEO has “nothing to hide” after his arrest in Paris. The messaging platform supported CEO Pavel Durov, who was detained at the airport on Saturday. Authorities say Telegram is not properly managed and is being used for illegal activities, but the platform maintains it complies with EU law. OpenAI wants an agency to monitor its own employees. The company has hired someone to investigate “suspicious activity” emanating from within the company, a sign it is concerned about the behavior of its own employees. This is another example of how far OpenAI will go to stay on top. How much do AI engineers earn? According to leaked salary data, at Microsoft AI, salaries are about 48% higher than all other software engineering positions at the tech giant in the U.S. Some of the engineers hired through the acquisition were worth as much as $4 million each.
Three things in business
Lyvans Boolaky/Getty Images Inside the sweet new deal for the “Call Her Daddy” podcaster. Alex Cooper reportedly signed a three-year deal with SiriusXM worth an astounding $125 million, more than double his previous deal with Spotify. But it won’t be easy. She has to hit these tough benchmarks before she can cash in on that 0. Ditch Hinge and Tinder. Here are 11 new alternatives. If you’re tired of Tinder and fed up with Hinge’s “prison of roses,” fear not. These 11 founders are shaping a new type of dating app that’s using innovative technology to disrupt the dating industry. For some influencers, the chance to influence the election outweighs the career risk. A new survey shows that content creators risk losing followers by talking about the election. But they’re not being deterred by it. The majority of influencers who responded are ready to fight for their political allies.
In other news
What’s happening today?
National Security Advisor Jake Sullivan meets with Chinese Foreign Minister Wang Yi; AFL-CIO President Liz Schuller delivers the Labor Day State of the Union address and announces plans to endorse Democratic candidates Kamala Harris and Tim Walz for president; Nordstrom and other companies report earnings;
The Insider Today team: Deputy Editor and Anchor Dan DeFrancesco in New York; Editor Jordan Parker Erb in New York; Senior Editor Hallam Block in London; Fellow Milan Sembye in London; Fellow Amanda Yen in New York.