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“This is a meditation, just with your body,” begins fitness instructor Taryn Toomey in her deep, gravelly voice, reminiscent of Kathleen Turner. “Feel what your mind is trying to tell you.” advertisement advertisement I am in The Class, billed as a “cathartic mind-body experience” by founder Toomey, who is leading the session in her Tribeca studio. The airy space is outfitted with marble counters, soothing neutral palettes, modern gold-plated fixtures, and wood floors embedded with a layer of rose quartz crystals. Tunes by Florence and the Machine and The XX set the pace of The Class’s routines. As instructed, I am squatting and breathing deeply as a chorus of Lululemon-clad attendees repeatedly shout, “Huh!” in unison. These affluent working women are using sound to (Toomey claims) harness and release energy, treating the class’s mix of cardio exercises, body conditioning, yoga, and meditation as a sort of therapy … [Read more...] about Is This Workout For Your Feelings What American Women Need Right Now?

It’s official: Capitalism has overtaken our souls. Two out of five workers feel guilty for taking paid time off, according to a new survey by Zenefits. This is alarming, given that “time off” is code for your real life. The survey indicates that Americans are a psychological hot mess on the topic: Half of employees don’t take paid time off due to high workloads or worries about job security, and 49% don’t take their allotted vacation days, yet nearly three-quarters agree that paid time off makes them feel more productive and healthier at work, and a quarter of employees would be willing to take a pay cut to get more of it. In other words: desire to do it more, guilt for doing it, guilt for not doing it, repeat. Hmmmm. Zenefits points the finger at employers, writing that “company policies are definitely misaligned with employees’ need for rest.” Only one in five employees say that their company’s paid time off policy … [Read more...] about Americans have a psychologically twisted relationship with paid time off

Every year, the UX Collective publishes a report on the state of the UX industry, covering everything from the tools we use to the career challenges we face. The report is based links we’ve curated and shared (more than 2,411 this year), written by brilliant designers and thought leaders in the industry. advertisement advertisement The 2018 report focused on how the experiences we create can impact the world—from enabling tech addiction to influencing democratic elections. But this year’s report carries a more positive outlook: 2020 is the year of pragmatic optimism, focused on tangible action, and an understanding of how to turn frustration into motivation to create better things in the world. As designers, we know that the key to solving any problem is optimism. If we didn’t believe we could fix things, we wouldn’t have become designers in the first place. You can read our full report here, but below you’ll find three takeaways on … [Read more...] about We study the UX industry. Here’s what will change in 2020

It's the start of FY20 and complications in massive debt resolution plans after the Supreme Court scrapped the central bank's circular out of the blue, and a lack of liquidity guidance from the policy review ahead of elections have thrown lenders into a tizzy. If this is a preview of things to come in future, banks are set for a roller-coaster ride this year.As for customers, the wait for lower monthly loan installments just got longer while big ticket mergers in the banking space may need some adjustments on their part as well.Lenders to Jet Airways invite bids for stake saleClose The State Bank of India (SBI)-led consortium, on April 6, invited Expression of Interest (EoI) from prospective parties for acquiring a majority shareholding in the debt-burdened Jet Airways. related news Won't hesitate to prevent collapse of any large NBFC, says RBI's Shaktikanta Das Why RBI's status quo was in the offing Top 5 reasons why Sensex fell after RBI leaves rates unchanged The window … [Read more...] about Banking sector weekly wrap: Jet Airways on sale; RBI’s woes over stressed assets and big ticket bank mergers

The market was expecting at least a 25 bps rate cut on December 5 but the Reserve Bank of India’s decision to leave lending rates unchanged came as a surprise.The market reacted sharply and the benchmark Sensex took a sharp plunge of 270 points from the day's high. The outcome of the monetary policy committee (MPC) meeting left many nonplussed, as the central bank pointed towards the rise in retail inflation in support of its decision."Our calculation showed that during Q4 the food inflation will remain high. Its moderation in the coming months is dependent on several factors. With regard to core inflation, it is expected to be in the current zone. It is expected the inflation will come down, but some uncertainty is also there," RBI Governor Shaktikanta Das said.Close While leaving the repo rate unchanged in its December policy review, the RBI maintained an accommodative stance as it expects past monetary easing and measures taken by the government to feed into the real economy … [Read more...] about Why RBI’s status quo was in the offing