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☆ Eclipse’s Path Is Also Leaving a Trail of High Hotel Prices
▼ + stars: | 2024-04-04 | by ( Ben Blatt | More About Ben Blatt | ) www.nytimes.com time to read: +1 min

A representative from Wyndham Hotels & Resorts, the parent company of Super 8, said each Super 8 is an individually operated franchise that sets its own rates. However, all franchise owners have access to the same revenue management software that they can use to set pricing strategy. The Ritz-Carlton in Dallas is currently listing a two-night stay at $7,600 for Sunday-Tuesday. One week later, the price for a two-night stay will be $1,329. Even Super 8 hotels in Glendale, Ariz., the site of the men’s N.C.A.A.

Persons: Thelma Diller, “ I’ve, ”, “ Organizations: Wyndham Hotels & Resorts, Ritz, Carlton, Masters Locations: Dallas, Glendale, Ariz, Augusta , Ga, Augusta, Malvern , Ark

☆ I'm a 'zillennial' who left the city. I don't like living in the suburbs as a young person, but I plan to stay.
▼ + stars: | 2024-02-08 | by ( Charissa Cheong | ) www.businessinsider.com time to read: +7 min

Read previewThis as-told-to essay is based on a transcribed conversation with Kelsey Lam, a 27-year-old who left Philadelphia to live in the suburbs in 2021. I've lived in the suburbs for three years and would say they don't really cater to my age group. AdvertisementEven going for coffee in the suburbs and in the city are completely different experiences. In the suburbs, I'm getting coffee from chains and the coffee just doesn't feel as unique. AdvertisementIn 2019, I was living in a 550-square-foot studio apartment in the city for around $1,165 a month.

Persons: —, Kelsey Lam, I've, King of Prussia, Kelsey, I'd, Lam, Covid Organizations: Service, Business, Facebook Locations: Philadelphia, Malvern , Pennsylvania, Malvern, Plymouth, Cities, Kelsey Lam, French, Chinatown, King

☆ Porsche's iconic 911 to be sole survivor of automaker's combustion models
▼ + stars: | 2023-07-26 | by ( Nick Carey | ) www.reuters.com time to read: +3 min

[1/3] FILE PHOTO-A Porsche 911 Carrera S is on display during the 75 years Porsche sports car exhibition "Driven by Dreams" in Berlin, Germany, January 25, 2023. The automaker will electrify its compact SUV Macan, followed by the 718 sports car and then the best-selling Cayenne, Porsche e-fuels team leader Karl Dums said. Porsche's EV plans and e-fuels investment are separate, he said. Major automakers will likely avoid new e-fuel models after 2035, having already committed $1.2 trillion to electrification. A host of smaller carmakers also want to sell luxury, high-performance e-fuel models to customers rich enough to afford the expensive fuel, which today can cost up to 10 pounds ($12.90) per liter.

Persons: Lisi Niesner, Karl Dums, Dums, Morgan, Massimo Fumarola, Fumarola, Mike Flewitt, Nick Carey, Paul Lienert, Victoria Waldersee, Giulio Piovaccari, Matthew Lewis Organizations: Carrera, Porsche, REUTERS, EU, HIF Global, Automotive, Ferrari, Morgan Motor, Briggs Automotive Company, Victoria, Thomson Locations: Berlin, Germany, Malvern , England, U.S, Liverpool, EVs, London, Detroit, Milan

☆ I'm the head of talent acquisition at Vanguard. Here are the 3 things I look for in candidates and my favorite interview question to ask.
▼ + stars: | 2023-06-05 | by ( Robin Madell | ) www.businessinsider.com time to read: +8 min

Tiffany Haley is the head of global talent acquisition at Vanguard. Haley's favorite interview question to ask is "What do you want to give to this role?" This as-told-to essay is based on a conversation with Tiffany Haley, head of global talent acquisition at Vanguard from Malvern, Pennsylvania about how to get a job at Vanguard. In my role leading Vanguard's global talent acquisition, I'm always blown away by the number of applications we receive. For example, we often interview candidates for our information technology division who might not be fully versed in all of the technologies Vanguard uses to power our business.

Persons: Tiffany Haley, It's, I'm, We're, we've, you've, I've, —, Jenna Gyimesi Organizations: Vanguard Locations: Malvern , Pennsylvania

☆ I'm a 34 year old who lives on a boat in the canals of England. It was the least expensive way to buy a home and allows me to lead an extraordinary life.
▼ + stars: | 2023-03-09 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +6 min

Elizabeth Earle is a freelance author and illustrator in England who lives on a 70-foot narrowboat. Earle said living on a boat is cheaper than a house, but licenses and insurance also come at a cost. I moved to the Caribbean, renovated this boat, and adopted a street dog who hated sailing. I don't have a mortgage, but I still have monthly expenses to payThere are several things you need to live the boat life. Earle is happy living on a boat and has no current plans to settle on land.

☆ The Market Tanked, but Americans Kept Piling Money Into Their 401(k)s
▼ + stars: | 2023-02-03 | by ( Anne Tergesen | ) www.wsj.com time to read: 1 min

Despite a steep fall in the S&P 500, retirement savers largely didn’t give into the temptation to sell assets. Americans largely stifled the urge to reduce their savings rates and sell stocks in their retirement accounts last year, even as the market declined and inflation soared. About 90% of investors in the 401(k)-style retirement plans administered by Vanguard Group maintained or increased their savings rate in 2022. And trading activity fell to a two-decade low among participants who manage their own investments, according to data from the Malvern, Pa.-based company.

☆ Dollar wobbles as U.S. inflation fuels hopes of slower Fed rate path
▼ + stars: | 2023-01-13 | by ( Ankur Banerjee | ) www.reuters.com time to read: +2 min

The dollar index , which measures the U.S. currency against six others, rose 0.059% to 102.220 but was languishing around its lowest level since June. Traders of futures tied to the Fed's policy rate bet heavily on a downshift to quarter-percentage-point rises starting at the Jan. 31 to Feb. 1 meeting and a pause just below 5%, with interest rate cuts priced in for later in the year. Carol Kong, a currency strategist at Commonwealth Bank of Australia, said the Fed would likely take comfort in the inflation report and the U.S. dollar would continue to ease. Meanwhile, the yen strengthened 0.12% to 129.10 per dollar, having touched a fresh seven-month high of 128.65 per dollar earlier in the session. The Australian dollar fell 0.11% to $0.696, while the kiwi fell 0.34% to $0.637.

☆ Top manager Vanguard bullish on U.S. Treasuries as Fed's hikes near peak
▼ + stars: | 2022-09-19 | by ( Davide Barbuscia | ) www.reuters.com time to read: +4 min

REUTERS/Brendan McDermidNEW YORK, Sept 19 (Reuters) - Vanguard, the world’s second-largest asset manager, believes U.S. Treasuries are near the end of a painful decline even as prices tumble to fresh multi-year lows, a senior portfolio manager at the firm told Reuters. Markets broadly expect the central bank to raise rates by another 75 basis points on Wednesday after already delivering 225 basis points in tightening this year. "If you're positioning for that, you obviously want to be tilted more defensively ... And that by definition means you're leaning more towards Treasuries." Fed funds futures' traders expect interest rates to keep climbing to a high of around 4.4% next March, over 200 basis points higher than the current benchmark overnight interest rate. At the same time, the income earned from higher yields can also help blunt losses if bond prices fall further than expected, he said.

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