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☆ How a peak boomer lives 'perfectly comfortably' on less than $30,000 a year after moving from Texas to tiny homes in New York and Florida
▼ + stars: | 2024-06-03 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +8 min

Read previewSam Mitchell, 64, has a yearly income of below $30,000 a year from Social Security. It's a very different way of life from the corporate real estate job he had 15 years ago in Austin making six figures and owning five homes. "I am making a fourth of the money I was making in 2008, but nobody is going to do it." AdvertisementMoving to New York and FloridaTo start life anew, he bought a farm in Peru and built a small house. AdvertisementOnce Social Security payments kicked in, he relied on the $900 a month to get by.

Persons: —, Sam Mitchell, they're, Mitchell, It's, Keller Williams, Austin, Sancho Panza, he's Organizations: Service, Social Security, Business, Social, University of Florida, South, Southwest, Austin City, Austin Locations: New York, Florida, Austin, Ithaca , New York, Atlanta, Santa Cruz , California, Costa Rica, South Austin, Peru, Ecuador, California , Oregon, Washington, BestBuy

☆ China’s Shenzhen metropolis sees fastest growth in millionaires globally
▼ + stars: | 2024-05-16 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +1 min

China's Shenzhen has recorded the fastest growth in millionaires over the past decade, and is poised to see a further influx in the coming years, according to a recent report. Shenzhen recorded 140% growth in millionaire count, according to the report from New World Wealth and investment migration advisors Henley & Partners. In 2023 alone, Shenzhen saw a 10% growth in millionaires, while Beijing and Shanghai recorded a decline of around 5% amid an exodus of high-net-worth individuals from China. Shenzhen, also known as China's Silicon Valley, is expected to continue growing "very strongly" all through to 2040, compared with Beijing and Shanghai, which are likely to see moderate growth, Amoils added. China's Hangzhou city was second in terms of millionaire growth at 125%, while India's Bengaluru and Austin city in the U.S. placed third and fourth, respectively; China's Guangzhou ranked fifth, Amoils told CNBC.

Persons: Andrew Amoils, Amoils Organizations: Wealth, Henley & Partners, CNBC, China's Guangzhou Locations: Shenzhen, China, Beijing, Shanghai, Hong Kong, China's Hangzhou, Bengaluru, Austin, U.S

☆ Google confirmed it 'terminated' an employee who staged a protest against Israel at a tech event
▼ + stars: | 2024-03-09 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewA Google engineer who publicly protested a talk by the head of Google Israel is now out of a job. Google did not immediately return Business a request for comment from Business Insider on Saturday. Google workers have previously voiced their concerns over fears that Israel could use the contract to support its military. Google workers also flooded the company's employee message board with comments about Project Nimbus on Thursday, CNBC reported.

Persons: —, Barak Regev, Regev, Ariel Koren, Sundar Pichai, Axel Springer Organizations: Service, Google, Business, CNBC, Tech, Nimbus, YouTube, Austin City Council Locations: New York City, Israel, Google's, York

☆ YouTube Music team laid off by Google while workers testified to Austin City Council about working conditions
▼ + stars: | 2024-03-02 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +3 min

The entire YouTube Music team is out of a job after going on strike last year. AdvertisementThe entire YouTube Music team is out of a job as tensions rise at Google parent company, Alphabet. The Alphabet Workers Union, which represents workers at Google's parent company, Alphabet, said Google laid off the YouTube Music team on Friday. "We just got laid off, our jobs are ending today, effective immediately," one worker tells the city council in video of the meeting. The YouTube Music team previously went on strike in February 2023 over Google's crackdown on remote work.

Persons: —, Cognizant, Sundar Pichai, Pichai Organizations: YouTube, Austin City, Google, Service, Alphabet Workers Union, Twitter, YouTube Music Locations: Texas, Austin

Our experts answer readers' credit card questions and write unbiased product reviews (here's how we assess credit cards). Annual fees increase between 18% to 52% on six consumer and business Delta SkyMiles credit cards. American Express and Delta Air Lines increased annual fees across their co-branded airline credit cards today for consumer and business credit cards alike. Delta SkyMiles® Platinum American Express Card, Delta SkyMiles® Platinum Business American Express Card, Delta SkyMiles® Reserve American Express Card, and Delta SkyMiles® Reserve Business American Express Card cardholders will receive $2,500 Medallion Qualifying Dollars (MQDs) every qualifying year, beginning February 1, which will give them a jumpstart toward earning Delta status each year. Delta SkyMiles® Platinum Business American Express Card and Delta SkyMiles® Reserve Business American Express Card cardholders can now spend above their credit limit, albeit within a certain undisclosed extent.

Persons: Resy, Katherine Fan, I've, Guy, NerdWallet, I'm, you'll, Read Organizations: Delta, American Express, Delta Air Lines, Delta SkyMiles, Delta SkyMiles ®, Express, Finance, Business, Forbes, USA, Austin American, Statesman, Associated Press, Google, MSN, University of Texas Locations: Hawaii , Alaska, Mexico, Caribbean, Central America, delta.com, Delta, Austin, Southwest, Texas, Taiwan, New York City

☆ We moved to Austin for the tech jobs, but finding a home was defeating. We kept getting outbid by people making cash offers sight-unseen.
▼ + stars: | 2023-10-15 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +7 min

AdvertisementAdvertisementThis as-told-to essay is based on a conversation with Sarah Hollingsworth, 35, about her experience moving from San Antonio to Austin in 2019. My six-month-old daughter, Amelia; my husband, Scott; and I moved to Austin in August 2019 from San Antonio — literally an hour and a half away. There really just aren't that many high-paying tech jobs in San Antonio and we both loved that industry and wanted to stay in it. Austin, being the next-closest tech city, had an abundant amount of high-paying tech jobs. I enrolled in the Entrepreneur Center of Austin, which San Antonio doesn't have.

Persons: Sarah Hollingsworth, —, Austin, Hollingsworth, Poppylist, Amelia, Scott, San Antonio —, Hollingsworth's, Zoey, Antonio doesn't, Techstars Austin, Sarah Hollingsworth San, it's Organizations: Service, Entrepreneur Center of Austin, Capital Factory Locations: Austin, San Antonio, Scott's, West Austin, Lake Austin, Sarah Hollingsworth San Antonio, There's

☆ How Karol G went from a Latin music star to a fashion icon
▼ + stars: | 2023-10-06 | by ( Robb Young | Graciela Martin | ) edition.cnn.com time to read: +24 min

With 66 million followers on the platform, Karol G ranks 70th in terms of follower count but 6th when it comes to engagement rates. But the label’s enthusiasm for its Karol G campaign a half-year after its release is telling, nonetheless. Karol G attends the #BoF500 Gala during Paris Fashion Week at Shangri-La Hotel Paris on September 30, 2023 in Paris, France. By the time Karol G entered the scene in a big way, fashion, luxury and sportswear giants were still warming up to her male counterparts. People aren’t as fixated on that anymore.”Indeed, it is the shift in attitudes toward language that appears to have helped Karol G secure the Loewe deal.

Persons: Karol G, Jonathan Anderson, Karol’s, Shakira, — Karol G, Provenza, “, ”, Nicki Minaj —, Karol, Karol G's, she’s, Lea Colombo, “ Karol G, Charlie Smith, Loewe, couldn’t, Ricky Martin’s, hasn’t, “ I’ve, Anderson, Karol G’s, ” Karol G, Christopher Polk, SocialBook, Kim Kardashian, Julian Martinez, ” Martinez, “ Karol, Miu, Roberto Cavalli, Gina Ferazzi, Loewe’s Smith, Jacquemus, Barbie, Emilio Pucci, —, Vetements, Rick Owens, Pascal Le Segretain, Maykol Sanchez, Spotify’s, Yankee’s, Don Omar’s, Maluma, J, Nicky Jam, . Ivy Queen, Jennifer Lopez, Shakira —, Burberry —, Becky G —, Karol —, Ovy, Bad Bunny, Rich Fury, Karla Martínez, There’s, Leila Cobo, Billboard’s, ” Cobo, aren’t, “ Jonathan, ” Karol, Carolina Giraldo Navarro, Colombia’s, J Balvin, Cobo, She’s, ” she’s, haven’t, ’ ” Karol G, Alexander Tamargo, Nina García, Elle, García, ” García, I’ve, I’m, it’s, Brett Alan Nelson, I’d Organizations: The, Fashion, CNN, —, Billboard, MTV, New York City’s Rockefeller Center, Variety, Los Angeles Times, Getty, Brands, Los, Paris, Spotify, Reebok, Umbro, Dolce, Gabbana, Nike, Guess, Adidas, Trailblazers, Burberry, Levi’s, Kappa, Puerto Rican, Pew Research Center, Limits, Vogue Mexico, reggaeton’s, Loewe, Carolina, Puerto Locations: Spanish, ”, Latin America, New York, Newark , New Jersey, California, Versailles, bejeweled, Paris, France, Spain, Italy, Germany, Canada, America, Balmain, Barcelona, Rosalía, American, Panama, Jamaica, Puerto Rico, Dominican, Caribbean, Medellín, Colombia, Puerto, Miami, Mexico City, Buenos Aires, Santiago, Chile, Austin, Austin , Texas, Mexico, North America, Europe, Dubai, Singapore, Nairobi, Puerto Rican, Sera, Miami , Florida, Colombiamoda

☆ Austin is copying Houston's playbook for making housing more affordable
▼ + stars: | 2023-08-06 | by ( Eliza Relman | ) www.businessinsider.com time to read: +6 min

Demand for housing in Austin, Texas has outstripped even its relatively rapid housing production. Austin's upzoning measures are designed to incentivize "gentle density" — also known as infill housing or missing-middle housing. And even if you don't care about housing policy, you are feeling this in a very intimate way." Aerial view of neighborhood outside of Austin Texas. Most recently, Dallas city Council member Chad West is leading the charge to consider cutting minimum lot sizes in his city.

Persons: Austin, Jenny Schuetz, They've, Schuetz, Emily Hamilton, Nicole Nabulsi Nosek, Greg Anderson, there's, Joe Sohm, Anderson, Nosek, Chad West Organizations: Service, Apple, Brookings Institute, George Mason University, Reasonable, Austin Habitat, Humanity, Chad Locations: Austin , Texas, Texas, Wall, Silicon, Austin, Houston, Austin Texas, California, Dallas

☆ From Taylor Swift to the World Cup, travelers are paying big bucks to catch overseas games and shows
▼ + stars: | 2023-07-10 | by ( Monica Pitrelli | Evelyn Chen | ) www.cnbc.com time to read: +6 min

When Taylor Swift's Eras tour rolls into Singapore next year, Rjay Ignacio said he'll be there — whether he has a ticket or not. "If I'm not able to get a ticket, I'm still going to Singapore," he said. He said he would only travel "for Taylor … I'm a big fan." Swifties, or Taylor Swift fans, spend an average of $1,330 on tickets, food and travel, according to the research company QuestionPro. To avoid facing an "astronomical price surge," Jakarta resident Wid said one of his friends booked a hotel in Singapore before Swift's tour tickets even went on sale.

Persons: Taylor, Rjay Ignacio, he'll, Taylor Swift, I'm, Ignacio, Taylor …, Farhan Abrol, Kanyarat Teawprasong, Swift, Armando L, Sanchez, Lionel Richie, Harvey Cohen, Wid, Nan Palmero, I'd Organizations: Deloitte, Wimbledon, CNBC Travel, Austin City Limits Music, Chicago Tribune, Tribune, Service, Swift's, Qatar Airways, FIFA, Accor Locations: Singapore, Asia, Pasig City, Philippines, YOLO, Francisco, Bangkok, Korea, Japan, Taiwan, Hong Kong, Thailand, Southeast Asia, Las Vegas, Chicago's Grant, Bahamas, United States, Navan, Cincinnati, Pittsburgh, Jakarta, Doha

☆ Advocates want to spend $11 billion to fix Austin's crappy public-transit system. But many critics say the price tag is too high for a system hardly anyone will use.
▼ + stars: | 2023-05-11 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +10 min

Officials say an $11 billion public-transit plan could make Austin safer, greener, and more affordable. Austinites voted to approve Project Connect in 2020 when its total price tag was $7.1 billion. However, nearly 50% of the riders of MetroRail — the city's current rail system — earn more than $60,000 a year. Public-transit advocates say the plan is worth the costSupporters of Project Connect are open to lowering its price tag. But on a larger scale, Project Connect supporters say that public transportation provides better access to healthcare, education, employment, and affordable housing.

☆ Former Mayor Kirk Watson faces off against a slate of opponents in Austin, Texas' mayoral election
▼ + stars: | 2022-11-08 | by ( Hanna Kang | ) www.businessinsider.com time to read: +2 min

Six candidates are vying to be the next mayor in Austin, Texas' mayoral race: Anthony Bradshaw, Phil Campero Brual, Celia Israel, Gary Spellman, Jennifer Virden, and Kirk Watson. Polls close in the state at 7 p.m. local time. Given the state has multiple timezones, the first polls close at 8 p.m. EST and the last polls close at 9 p.m. EST. Virden is a real estate broker and former Austin City Council candidate. Watson, along with Israel, has considerable previous experience in politics: He's both a former Austin mayor and former state senator.

☆ Analysis: 'The Surreal Life' reboot brings together another wild group of celebrity roommates
▼ + stars: | 2022-10-29 | by ( Lisa Respers France | ) edition.cnn.com time to read: +6 min

No judgment if Halloween is your thing, but I don’t like to be scared so I don’t indulge. Three things to watch‘The Surreal Life’The new cast of "The Surreal Life" sit down for dinner -- and some heated conversation -- in a scene from the VH1 show. From VH1/YouTubeI should probably start by mentioning that Dennis Rodman likes to walk around the house in which he filmed the new season of “The Surreal Life” naked. ‘The White Lotus’ Season 2(From left) Will Sharpe, Aubrey Plaza, Meghann Fahy and Theo James in a scene from season 2 of "The White Lotus" on HBO. And not to give too much away, but there’s a cool scene in season two which addresses binge-watch culture.

☆ Exclusive emails show Austin officials bragging about its lack of oversight of a new self-driving delivery service from Ford and Argo AI
▼ + stars: | 2022-10-24 | by ( Caroline Haskins | ) www.businessinsider.com time to read: +5 min

Several cities launched an autonomous vehicle delivery service for Walmart orders with Ford vehicles using Argo AI's self-driving car technology. In 2016, Arizona Governor Doug Ducey announced Uber's self-driving car pilot by proclaiming that Arizona "welcomes Uber self-driving cars" while states with regulatory laws do not. Part of the companies' motivation for the self-driving car delivery service is the drive to meet Walmart's consumer demands for "next-day or same-day delivery." Argo AI was founded in 2016 by two former engineers from Google and Uber's self-driving car programs, respectively. Argo AI hired more than 1,700 people in 6 years but laid off many of its recruiters in July.

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