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☆ $1 million homes are now 'typical' in a record number of U.S. cities, analysis finds. Here’s where they are
▼ + stars: | 2024-04-09 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +1 min

In February, the country had 550 "million-dollar" cities, or areas where the "typical" home value is $1 million or more, according to a new analysis by Zillow. That is a gain of 59 cities from 2023, and edges out the previous record of 522 such cities when home values peaked in 2022. Some places have lost 'million-dollar city' statusCalifornia has the most million-dollar cities, with 210. Even though there are more million-dollar cities this year, the record amount is connected to how the lock-in effect is affecting an area's supply, according to Olsen. "In those places where we've lost million-dollar cities … they're not as locked in, and they have a lot more of that new construction that helps that picture, too," she said.

Persons: Jon Lovette, Skylar Olsen, Zillow, Olsen, we've Organizations: Colorado — Locations: U.S, California, — New York , New Jersey , Florida , Massachusetts, Colorado

☆ What happened to Cari Farver's killer, Liz Golyar? The twist-filled case is the focus of Netflix's 'Lover, Stalker, Killer'
▼ + stars: | 2024-02-09 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +5 min

Read previewA strange love triangle that ended in murder is the focus of Netflix's latest true-crime documentary "Lover, Stalker, Killer." After joining a dating site, he started casually seeing 42-year-old housekeeper Shanna "Liz" Golyar, and they both agreed to be non-exclusive. However, the situation turned deadly when Golyar learned that Kroupa was seeing another woman, 37-year-old computer programmer Cari Farver. AdvertisementGolyar was found guilty of first-degree murder in 2017 and is serving a life sentencePhotos of Liz Golyar in Netflix's "Lover, Stalker, Killer." In 2020, Kroupa told ABC that although he’s glad Golyar was caught, he also still feels emotional for Farver’s family.

Persons: —, Dave Kroupa, Shanna, Liz, Golyar, Kroupa, Cari Farver, Farver, Kroupa's, Amy Flora, Liz Golyar, Timothy Burns, Burns, it's, we're, Jim Doty, Cari's, ” Kroupa Organizations: Service, Business, Sheriff's, Farver's Ford, Netflix, Nebraska Correctional Center, Women, ABC News, ABC Locations: Golyar, Farver's, Nebraska

☆ 'Lover, Stalker, Killer': What happened to Dave Kroupa?
▼ + stars: | 2024-02-09 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +4 min

Netflix's "Lover, Stalker, Killer" examines how a love triangle ended fatally. AdvertisementThe new Netflix documentary "Lover, Stalker, Killer" tells the story of a love triangle in Nebraska that ended in tragedy. Dave Kroupa, a recently single 35-year-old mechanic living in Omaha was casually dating 42-year-old Liz Golyar, a cleaner, in 2012. Dave Kroupa now lives in Nebraska with his new girlfriendDave Kroupa in Netflix's "Lover, Stalker, Killer." At the end of “Lover, Stalker, Killer,” he says: “I’m very sorry for what happened.

Persons: Dave Kroupa's, Liz Golyar, Golyar, Farver, —, Dave Kroupa, Kroupa, ”, wouldn’t, Liz, Maggie, Nancy Organizations: Service, Netflix, Kroupa, Sheriff's, ABC, PEOPLE Locations: Nebraska, Omaha, Kroupa's, Pottawattamie, California

☆ Gen Z, millennials want to invest — but many aren't, CNBC/Generation Lab survey finds. Here are the issues
▼ + stars: | 2024-02-06 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +1 min

Rockaa | E+ | Getty ImagesDespite earning more, many Gen Z adults and millennials are having a hard time finding room in their budgets to invest. In fact, 61% are not saving for retirement each month. The survey polled 1,013 people ages 18 to 34 in the U.S. in late January. A prime culprit: higher expenses that have limited their ability to put money aside for savings and investments. "They're cutting costs, they're tipping less, they're trying to spend less eating out … living with parents … they're not acting like the economy is as good as it is," Beschloss said.

Persons: Cyrus Beschloss, … they're, Beschloss Organizations: CNBC, Generation Locations: USA, U.S, It's

☆ A British expat moved to Iceland and struggled to adjust to the seasonal darkness and lack of choice for groceries
▼ + stars: | 2024-01-20 | by ( Grace Dean | ) www.businessinsider.com time to read: +5 min

Sonia Nicolson moved to Iceland "for love" in February 2016 after meeting her husband in a bar in Scotland while working at a university in southern England. Deciding whether to live as a couple was a case of "either him coming to the UK or me coming to Iceland," Nicolson said. "I was absolutely exhausted in my career, had worked, worked, worked, worked, worked, traveled a huge amount, and jet lag had never really caught up with me," Nicolson said. She first visited Iceland on a work trip and later spent a month exploring the island in 2015. Though you have to pay for healthcare in Iceland, it's affordable and easy to get same-day doctors' appointments, Nicolson said.

Persons: —, Sonia Nicolson, Nicolson, you've, Grace Dean, They're, I've Organizations: Service, Business, Airbnb, Iceland, OECD, Tourism, Lights, Hallmark Locations: Iceland, Scotland, England, Edinburgh, India, Japan, Reykjavik, COVID, playgroups

☆ DoubleLine’s Gundlach says interest rates are going to fall as recession arrives early 2024
▼ + stars: | 2023-11-01 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

DoubleLine Capital CEO Jeffrey Gundlach believes interest rates are about to trend lower as the economy deteriorates further and tips into a recession next year. "I do think rates are going to fall as we move into a recession in the first part of next year," Gundlach said Wednesday on CNBC's "Closing Bell." The Federal Reserve's rate-setting committee unanimously agreed Wednesday to hold the key federal funds rate in a target range between 5.25% to 5.5%, where it has been since July. "One thing that the market is going to have to confront is we cannot sustain these interest rates and this deficit any longer," Gundlach said. "We can't afford this government that we're running at today's interest rate level.

Persons: Jeffrey Gundlach, Gundlach, Stanley Druckenmiller, Jerome Powell, hasn't Organizations: DoubleLine, Billionaire, Social Security, CNBC PRO Locations: New York, U.S

☆ Trump and Gaetz Are 'Re-Educating' Fans to Embrace Violence: Historian
▼ + stars: | 2023-10-12 | by ( Charles R. Davis | ) www.businessinsider.com time to read: +4 min

Ruth Ben-Ghiat, a historian at NYU, accused Trump on Wednesday of encouraging violence. Trump is "re-educating" his followers, she said, wanting them to see violence "in a positive light." Trump "has been re-educating Americans since 2015," Ben-Ghiat said, "using his rallies, using his events, to see violence differently; to see violence in a positive light." AdvertisementAdvertisement"That's why he went to Waco," she said, referring to where Trump rallied his followers in March. Violence, Ben-Ghiat argued, has indeed been normalized in MAGA politics.

Persons: Ruth Ben, Trump, Ben, Ghiat, —, Donald Trump, MAGA, Ghiat —, Trump's, — he's, Bill Clinton, Prosecutors, Matt Gaetz, … Organizations: NYU, The New, Service, New York University, . Waco, Capitol, Trump, Florida Republican, Fair Locations: New York City, The New Republic, United States, Manhattan, Chile, Waco, ., Florida, Iowa, Washington

☆ Starboard Value's Jeff Smith says companies are more receptive to activists like him
▼ + stars: | 2023-10-12 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Starboard Value's Jeffrey Smith, one of the busiest activist investors for two decades, said companies have grown more receptive to voices like him. Smith also sought a turnaround at pizza chain Papa John's in 2019 at a tumultuous time for the company . The Starboard CEO was even active during the Covid-19 pandemic . We're simultaneously respected and feared inside companies," Smith said. "More often than not, now the conversations are highly constructive and respectful and relatively easy," Smith said.

Persons: Jeffrey Smith, Smith, …, we've, I'm, We're Organizations: CNBC's Financial, Olive, Darden, Mercury Systems, Wharton Locations: New York

☆ An overlooked group of borrowers will be hit hard as student loan repayments resume, former Fed economist says
▼ + stars: | 2023-10-01 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +2 min

Our experts answer readers' student loan questions and write unbiased product reviews (here's how we assess student loans). download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementMillennials with homes are an overlooked group in the student loan conversation, one economist argues. One group of borrowers will face a unique set of challenges in the face of a return to student loan debt repayments, which resume Sunday, a former Fed economist told The Wall Street Journal. However, they will be the group that cannot access any student loan relief.

Persons: —, It's millennials, Danielle DiMartino Booth, Dion Rabouin, Booth Organizations: Service, Wall Street, Dallas Fed

☆ ‘Dark’ ships are faking their locations to move oil around the world — and it's likely worth billions of dollars
▼ + stars: | 2023-09-26 | by ( Lucy Handley | ) www.cnbc.com time to read: +8 min

Maritime technology company Windward identified the area as a hub for smuggling oil. Cargo ships and car ferries cross the Kerch Strait, an area of "dark activity," according to marine technology company Windward. So that's definitely moved that focus into, okay, I'm now going to manipulate that signal," he told CNBC by video call. This can be done in a number of ways, a Spire spokesperson told CNBC by email. "If you're in the insurance industry, and you're not paying attention to this, you really need to start paying attention," Swift told CNBC by video call.

Persons: John Lusk, Christopher Swift, Foley, Lardner, We're, Lusk, Ami Daniel, Daniel, Good Hope, Iain Goodridge, Spire's, that's, I'm, " Goodridge, OFAC, Swift Organizations: Windward, Europa Press, Getty, Maritime Organization, AIS, Spire Maritime, Government, CNBC, Russia, Anadolu Agency, Venezuela, Spire, U.S . Treasury Department Locations: Morocco, Maritime, Ukraine, U.S, Russia, Kerch, Windward, Arabian, Venezuela, The U.S, East Asia, Angola, Venezuela's, South Africa's, Good, China, Malaysia

☆ Investing in Space: Industry enters new era with tight funding and SpaceX dominance
▼ + stars: | 2023-09-14 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +5 min

CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. BogeymanSpaceX feels a bit like Voldemort here: Whether it's the launch or satellite communications markets, SpaceX's dominance was a hot topic. While the company hasn't made any claims yet, the insurance market ramifications are looming. Because I think the one issue that creates dysfunction in this insurance market is … do you have enough volume to make up for this loss? … They're trying to figure out what 2024 is going to hold."

Persons: CNBC's Michael Sheetz, SpaceX's Starlink, Uninsurable, hasn't, Here's, they've, … They're, –, Jonathan Baliff, Henry Dubois, Adam Spice, EXIM, Judith Pryor, Pryor, there's Organizations: SpaceX, We're Locations: Paris, U.S

☆ Retailers say organized theft is biting into profits, but internal issues may really be to blame
▼ + stars: | 2023-08-10 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +8 min

In this article TGTFL Follow your favorite stocks CREATE FREE ACCOUNTThis is part two of a three-part series on organized retail crime. "If there's an occurrence of external theft they would steal let's say 10 bucks worth of merchandise, but if it's internal theft, it'd be 40 bucks." Internal theft also happens at warehouses and in aisles where online orders are prepared, one of the people said. However, he thinks internal theft is now "second place" to external theft. Shrink references reach a 'fever pitch'Retailers started to blame organized theft for lower profits as the industry's performance started to suffer.

Persons: Daniel Acker, they're, Neil Saunders, GlobalData, it's, Saunders, Patrick Tormey, it'd, Sonia Lapinsky, AlixPartners, David Johnston, Janine Stichter, Fonrouge, Foot Locker, You've, Mary Dillon, Locker, Michael Nagle Organizations: Target Corp, Bloomberg, Getty, CNBC, Lehman College School of Business, National Retail Federation, Retailers, Walgreens Locations: Chicago , Illinois, drugstores, America, GlobalData, New York, U.S

☆ Luxury retail workers earn about $45,000 per year to sell handbags and jewelry that can cost more than their take-home pay
▼ + stars: | 2023-06-30 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +4 min

Luxury brands are increasingly having trouble finding and retaining talent for high-touch sales roles. Entry-level associates earn about $35,000 base pay per year, plus about $10,000 commission. On average, luxury retail sales associates earn about $35,000 base pay per year, plus about $10,000 commission, per Glassdoor data. A job at Gucci required three years of luxury fashion experience and the ability to "maintain an active, accurate, neat and organized client book," per BoF. Do you work in luxury retail?

Persons: —, salespeople, Sandy Sholl, there's, Teddy Bear, Jessica Cloutier, Nordstrom's, Cloutier, Neiman Marcus, Sukeena Rao, Dominick Organizations: Service, Target, Walmart, MadaLuxe, Business, Gucci, SMCP, Saks Fifth Locations: Costco, Patagonia

☆ Problems are mounting in the economy, big companies say, and another Fed rate hike may be one too many
▼ + stars: | 2023-05-03 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +8 min

While that's good for them, it also means "we're definitely moving towards a slowdown," one CFO said. "They are trying to fight a problem but there's evidence around the U.S. that says the economy is slowing. One concern voiced by CFOs is that the top end of the consumer market has been masking deeper problems in the economy, with companies tracking a rise in credit delinquencies, and that is now starting to spread. But inside major corporations, executives say they see signs of mounting trouble for the economy and as another interest rate hike looms, it may be time for the Fed to stop. While traders are betting on rate cuts before year-end, the CNBC Fed Survey shows a belief from economists and money managers that the Fed will hold rates higher for eight months.

☆ Investor warns it's 'looking a lot like the tech bubble' and names 3 cheap stocks to buy outside it
▼ + stars: | 2023-04-27 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

The S & P 500 is "supported" by just seven mega-cap tech stocks right now — and it's starting to look a lot like the 1990s tech bubble, one analyst told CNBC on Wednesday. "The S & P 500 [is being] supported by a few expensive mega cap techs," said Eric Lynch, managing director of Scharf Investments. Seven companies — Apple , Microsoft , Nvidia , Meta , Tesla , Amazon and Alphabet — account for 95% of the S & P 500's total return in the first quarter, he noted. "To us this looks a lot like the tech bubble in 1990s when tech gave the world massive outperformance over value, over mid cap small caps, international stocks," he told CNBC's " Street Signs Asia. " Stock picks Lynch named three stocks he said are cheap right now.

☆ Investor Bryn Talkington says this lithium stock has a major tailwind
▼ + stars: | 2023-02-02 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Albemarle could get a boost as electric vehicles grow increasingly popular, said Bryn Talkington, managing partner of Requisite Capital Management. "As the world continues to move to EV … they're all gonna need a ton of lithium," Talkington said, calling it a "secular tailwind." ALB 5Y mountain Albemarle stock cha Her trade comes about a week after the company provided a 2023 strategy update. Piper Sandler initiated coverage of the stock at overweight last week, with analyst Charles Neivert setting a price target of $310. His price target implies the stock could gain 8.4% over the next 12 months from where it closed Wednesday.

☆ Travel companies are ‘greenwashing’ — here are 3 ways to find ones that aren't
▼ + stars: | 2023-01-29 | by ( Monica Pitrelli | ) www.cnbc.com time to read: +6 min

But finding companies that are serious about sustainability isn't easy, said James Thornton, CEO of tour company Intrepid Travel. "You see hotels saying they're sustainable, and then you're using these little travel bottles for shampoos and shower gels," he said. "The honest truth is that every travel company is ultimately contributing towards the climate crisis," he said. "So the best thing any travel company can start to do is measure the greenhouse gas emissions it creates." Other companies with B Corp status include Seventh Generation, Ben & Jerry's, Aesop — and Patagonia, which Thornton called "arguably the most famous B Corp in the world."

☆ 'Green' offices in London are over 25% more expensive. But a modern workforce now expects it
▼ + stars: | 2023-01-16 | by ( Hannah Ward-Glenton | ) www.cnbc.com time to read: +5 min

Employee satisfaction is a big motivator for companies to go green, particularly as the U.K. faces its tightest labor market in decades. She's looking to grow her business but her former warehouse office building is too small and inaccessible for people with disabilities, so it's "mission critical" that the team relocates. "It's not like you're stumbling over these green buildings all over the place. "In light of the planet burning this might not seem as relevant [but] your office building is a huge reflection of your business' brand. "What is really expensive is if you have a big office building that's used one or two days a week.

☆ The zero-fare public transit movement is picking up momentum
▼ + stars: | 2023-01-14 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +7 min

In late 2019, Kansas City, Missouri, became the first major U.S. city to approve a fare-free public transit system. The public transit crisisKansas City's bus system, called RideKC. Alexandria and Richmond in Virginia have successfully integrated fare-free transit into their annual budgets. Source: Kansas City Area Transportation AuthorityIn Kansas City, zero-fare transit has become a hallmark of life. The zero-fare bus started in December 2019 as a pilot program.

☆ From 'antiwork' to 'act your wage' — more disgruntled workers flocked to Reddit in 2022
▼ + stars: | 2022-12-01 | by ( Goh Chiew Tong | ) www.cnbc.com time to read: +8 min

The top trending keywords among work-related subreddits in 2022 include, "anitwork," "act your wage" and "quiet quitting," said Reddit. The top trending keywords among work-related subreddits or communities in 2022 include "antiwork," "act your wage" and "quiet quitting," Reddit told CNBC Make It. "Act your wage" — like quiet quitting, it's a call for workers not to go above and beyond for their jobs — saw a 95% year-on-year increase in the same period. Natalie Baumgartner Workplace psychologist"Redditors" submit posts about work attitudes and experiences on work-related communities, asking for or giving general life and career advice. Natalie Baumgartner Workplace psychologistBaumgartner agreed, saying that workers engaging in conversations on Reddit need to be aware that they're "not necessarily going to receive best practices."

☆ 'No longer science fiction'? Metaverse could pump $1.4 trillion a year into Asia's GDP, report says
▼ + stars: | 2022-11-14 | by ( Goh Chiew Tong | ) www.cnbc.com time to read: +5 min

The impact of the metaverse to GDP in Asia could be between $0.8 and 1.4 trillion per year by 2035, said a new Deloitte report. The impact of the metaverse to GDP in Asia could be between $0.8 and 1.4 trillion per year by 2035, said a new Deloitte report. watch nowDeloitte's new report, titled "The Metaverse in Asia: Strategies for Accelerating Economic Impact," examined the potential influence of the metaverse on 12 Asian economies. Developing the technology stacks, human capital and regulatory frameworks to realize Asia's trillion-dollar metaverse potential will benefit a wide range of industries and economic activities," said Kulasooriya. ObstaclesThough Deloitte's report suggests China could the biggest beneficiary in terms of GDP, the country still faces heavy regulatory challenges in developing the metaverse.

☆ The startup founder's guide to letting people go efficiently and compassionately, if you have no other choice in a time of crisis
▼ + stars: | 2022-11-10 | by ( Shana Lebowitz | ) www.businessinsider.com time to read: +11 min

"The more you share earlier, and [the more] you involve people along that journey, you're going to gain some trust there," he said. That's what Keystone does when it works with companies conducting layoffs, Varelas said. Deliver the news with integrityVarelas said it's important to show respect for the employees you're letting go. "You just let go of 10 of your hardest working colleagues and you're going out and you're celebrating." They're going to start losing faith and confidence in your leadership."

☆ How 2 colleges are using NFTs to engage sports fans and help athletes make money from NIL
▼ + stars: | 2022-09-16 | by ( Colin Salao | ) www.businessinsider.com time to read: +6 min

Colleges like BYU and Syracuse are starting to sell NFTs of their sports teams and athletes. National Research Group said NFTs with real-world utility in sports could change the industry. Unlike the conventional NFTs in the market today, these NFTs also come with real-world benefits. BYU fans storm the field after the team's overtime win over Baylor on September 10, 2022. NRG's study said that sports fans are an ideal market for NFTs, particularly because of the industry's long history of fans purchasing memorabilia.

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