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☆ Electric SUV maker Fisker files for bankruptcy
▼ + stars: | 2024-06-18 | by ( Olesya Dmitracova | ) edition.cnn.com time to read: +3 min

London CNN —Fisker, a US electric vehicle startup, said Tuesday it had filed for bankruptcy. Fisker added then that it was in discussions with an existing investor about possibly putting more money into the company. Its sole product is the Fisker Ocean electric SUV. The Ocean was also the subject of a review that month by American YouTuber Marques Brownlee titled, “This is the Worst Car I’ve Ever Reviewed.”“Do not buy this version of the Fisker Ocean,” reads the video’s description. Fisker filed for bankruptcy Monday, choosing the common Chapter 11 route, which allows companies to try to resolve their financial problems through reorganization.

Persons: London CNN —, Fisker, American YouTuber Marques Brownlee, ”, Henrik Fisker, BYD, Tesla Organizations: London CNN, Automotive News, Hyundai, Kia, Ford, General Motors, International Energy Agency Locations: American, EVs, United States, Europe, “

☆ Warren Buffett buys Occidental shares for 9 straight days, pushes his stake to nearly 29%
▼ + stars: | 2024-06-18 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Warren Buffett walks the floor and meets with Berkshire Hathaway shareholders ahead of their annual meeting in Omaha, Nebraska on May 3rd, 2024. The Omaha, Nebraska-based conglomerate purchased Occidental shares every trading day from June 5 to Monday, totaling an additional 7.3 million shares with purchase prices slightly under or above $60, filings showed. The purchases brought Berkshire's holding to over 255 million shares, or a 28.8% stake. Occidental is Berkshire's sixth biggest stock holding, while the conglomerate has become Occidental's biggest institutional investor by far. Berkshire also owns $10 billion of Occidental preferred stock, and has warrants to buy another 83.9 million common shares for $5 billion, or $59.62 each.

Persons: Warren Buffett, Warren Buffett's Berkshire Hathaway, Buffett, oilman Armand Hammer, Vicki Hollub Organizations: Berkshire Hathaway, Occidental Petroleum, Occidental, Anadarko Petroleum, Berkshire, Oracle, CNBC Locations: Omaha , Nebraska, Houston, Berkshire, Occidental, Omaha, America

☆ The retirement Catch-22
▼ + stars: | 2024-06-18 | by ( Ann C. Logue | ) www.businessinsider.com time to read: +10 min

The current Social Security retirement age is 67, but most Americans depart the workforce earlier than that. Instead of making it easier for Americans to save for retirement and work as long (or as short) as they want, Fink is setting up a catch-22: The economy needs aging Americans to work longer, but many companies simply don't want them. One of Button's studies looked at "bridge jobs , " part-time jobs in administration or retail that many people use to ease into retirement and cushion their finances. The same year, Scripps Medical Clinic in San Diego was ordered to pay $6.9 million for setting a mandatory retirement age for physicians of 70, regardless of the doctors' interest or abilities. And some older workers have heard all the corporate buzzwords and blather before, so they don't buy into management's sloganeering, rendering them "difficult."

Persons: Larry Fink, behemoth BlackRock, Fink, Daniel Ross, Ross, he's, Emily Dickens, SHRM's, We've, Stacie Haller, Patrick Button, Button, ResumeBuilder.com, Gen, we've, Mother Jones, Lilly Organizations: Social Security, Lawyers, Society, Human Resources Management, US Chamber of Commerce, Tulane University, IBM, Employment, Commission, Scripps Medical Clinic, Employers Locations: Down, Texas, Austin, San Diego

Mayor Eric Adams said in a statement that he would activate the city’s heat emergency plan starting on Tuesday. “The first heat wave of the season is here, and New York City has a plan to beat the heat — but we want all New Yorkers to have a plan as well,” Mr. Adams said. The city’s Heat Vulnerability Index — an effort spearheaded by the health department in conjunction with Columbia University — analyzes the neighborhoods that face the most danger during a heat wave. If everybody’s doing it, you’re multiplying it by millions.”Are heat waves in New York City becoming more common? The only heat wave to hit New York City last year happened in September, said David Stark, a meteorologist with the National Weather Service of New York.

Persons: Eric Adams, “, Mr, Adams, Ashwin Vasan, Anna Watts, Sandee, Columbia University —, Brian Ourien, ” Mr, Ourien, Zach Iscol, Vasan, ”, Con Ed, Brittainy Newman, Patrick McHugh, Con Ed ., McHugh, David Stark, Elijah Hutchinson, Hutchinson Organizations: Fire Department, National Weather Service, The New York Times, “, New York Public Library, Columbia University, Department of Health, Human Services, Bowery, Emergency Management, Workers, Con, New, New York City, Environmental Locations: New York City, New York, New, York, Bronx , Brooklyn, Queens, Mott Haven, Fordham, Jamaica, Hollis, St, Albans, In Brooklyn, Brownsville , East Flatbush, East New York

☆ Opinion | On Juneteenth, Freedom Came With Strings Attached
▼ + stars: | 2024-06-18 | by ( Charles M. Blow | ) www.nytimes.com time to read: +1 min

To start, there is some debate over whether most of the estimated 250,000 enslaved people in Texas at the time didn’t know about the Emancipation Proclamation. As the famed Harvard professor Henry Louis Gates Jr. told me when we spoke recently, “I have never met a scholar who believes that’s true.”But more important, emancipation was not true freedom — not in Texas and not in most of the American South, where the vast majority of Black people lived. It was quasi freedom. It was an ostensible freedom. It was freedom with more strings attached than a marionette.

Persons: Harris, “, Biden, Henry Louis Gates Jr Organizations: White House, Union Locations: Galveston , Texas, Texas, Harvard, American

☆ The 'House of the Dragon' season 2 premiere just subtly introduced a pivotal new character — but you might have missed him
▼ + stars: | 2024-06-17 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +1 min

"House of the Dragon" just teased a major character in its season two premiere. But in "Fire and Blood" he plays a major role — read ahead if you want to be spoiled! AdvertisementWarning: Major spoilers ahead for the season two premiere of "House of the Dragon" and the book "Fire and Blood." "House of the Dragon" is already keeping us on our toes in season two — and the premiere briefly introduced an important figure from George R.R. In the season two premiere, Aegon II Targaryen hears petitions from common folk.

Persons: Hugh, —, George R.R, Targaryen, he's, Otto Hightower Organizations: Aegon, Service, Business

☆ Andy Sieg Could Be Citi's Next CEO If He Can Fix a Broken Wealth Business
▼ + stars: | 2024-06-17 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +23 min

Andy Sieg shocked the finance industry last spring when he left Merrill Wealth Management. AdvertisementBank of America analyst Ebrahim Poonawala recently argued that Citi should consider selling the wealth business if it cannot improve its profitability. AdvertisementWhile Sieg has told Citi managing directors to manage up less, a former Merrill executive who worked under him said Sieg was adept at it. Former Citi managing directorAdvertisementVahid's position will be taken by Kris Bitterly, the global head of investment products, in September. Mirroring tactics that supercharged Merrill, Sieg has changed Citi Wealth's compensation scheme to prioritize asset gathering, to the consternation of several employees.

Persons: Andy Sieg, Kevin Crain, Sieg, Crain, Jane Fraser, Fraser, Morgan Stanley, Merrill, Smith Barney, Ebrahim Poonawala, Wells, Mike Mayo, Brian Moynihan, Alex Wong, Moynihan, Fraser isn't, Mayo, anoint, Jamie Dimon, Jennifer Piepszak, Marianne Lake, Viswas Raghavan, Jane, He'd, George H, Bush, Bill Schreyer, Merrill Lynch, Dave Komansky, David Komansky, YOSHIKAZU TSUNO, Phil, Doug, Lord Abbett, David Poole, Citi's, there's, That's, Poole, Glenn Schorr, Jim O'Donnell, O'Donnell, Sieg's, Andy Sieg's, Naz Vahid, David Bailin, Bailin, Naz, Phil Waxelbaum, Vahid, Kris, Don Plaus, Keith Glenfield, Dawn Nordberg, Edward Jones, They're, Ernst & Young, he's Organizations: Merrill Wealth Management, Business, Citi, Bank of America, Morgan, BI, Merrill, Bank, Citigroup, JPMorgan, Harvard, Penn State, JPMorgan Advisors, United Arab, Citi . Citi, Work, Citi lifer, Former Citi, North, Citi Alliance, Citi Wealth, Bloomberg, Ernst &, Citizens Bank Locations: Sieg, Wells Fargo, Merrill, Bellefonte , Pennsylvania, Poole, Singapore, United Arab Emirates, Mexico, London, Aventura , Florida, Asia, Manhattan, North America

☆ One private equity firm controls more than a dozen of the biggest restaurant chains
▼ + stars: | 2024-06-17 | by ( Alex Bitter | ) www.businessinsider.com time to read: +3 min

AdvertisementThere's a good chance that just one private equity firm owns one of your favorite restaurant chains. Over the last quarter-century, Roark Capital Group has bought up nearly 20 restaurant brands in the US. Its latest acquisition happened last year when it acquired Subway, which operates the most stores out of any restaurant chain in the US. AdvertisementThe private equity firm also has investments in The Cheesecake Factory, which is publicly traded, as well as midwestern burger chain Culver's. AdvertisementWhile Roark owns a lot of restaurant brands, it's hardly the only private equity player in the industry.

Persons: —, Carl's Jr, Dunkin, Tyler Le, Roark, Jimmy John's, Auntie Anne's, Howard Roark, Ayn, TriArtisan Organizations: Buffalo Wild Wings, Roark Capital Group, Service, Business, Roark Capital, Hooters, TriArtisan Capital, Bay Capital Locations: Subway, Arby's, Carl's, Atlanta, Ayn Rand's, Nestle, Mars

☆ Tensions mount at troubled mental health startup Cerebral as another investor files a lawsuit
▼ + stars: | 2024-06-17 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +5 min

Read previewThe infighting at mental health startup Cerebral is in full swing after an investor filed a lawsuit alleging another of the company's backers cost Cerebral hundreds of millions of dollars in value. This story is available exclusively to Business Insider subscribers. Access Industries' representative on Cerebral's board, Nami Park, is also an individual defendant in the lawsuit. But after Access filed its lawsuit against WestCap and Cerebral in April, that self-tender never happened, the June suit claims. With that offer buried, SoftBank still occupies one of six seats on Cerebral's board of directors.

Persons: —, WestCap, Len Blavatnik, Nami, WestCap's countersuit, would've, could've, WestCap's, SoftBank Organizations: Service, Access Industries, Business, Industries, WestCap, US Department of Justice, hasn't, Rock Health, Federal Trade Commission, FTC Locations: Delaware

☆ West Bengal, India: Train collision kills at least five in eastern India, police say
▼ + stars: | 2024-06-17 | by ( Rhea Mogul | ) edition.cnn.com time to read: +3 min

“Five passengers have died and 25-30 injured in the accident,” Darjeeling police superintendent Abhishek Roy told reporters from the crash site. People gather around the wreckage of a train after a collision in West Bengal, India on June 17, 2024. But decaying infrastructure is often cited as a cause for traffic delays and numerous train accidents. More than 16,000 people were killed in nearly 18,000 railway accidents across the country in 2021, according to the National Crime Records Bureau. Most railway accidents were due to falls from trains and collisions between trains and people on the track.

Persons: Mamata Banerjee, Abhishek Roy, ” Roy, Banerjee, ”, Narendra Modi Organizations: CNN, West Bengal, Mamata Banerjee . Disaster, Kanchenjunga Express, India, National Crime Records Locations: India, Kolkata, Silchar, Assam, Siliguri, Darjeeling, New Jalpaiguri, West Bengal, Odisha

☆ More millennials are financially secure than you think, and some are stepping in to support parents and older family members
▼ + stars: | 2024-06-17 | by ( Sophia Acevedo | ) www.businessinsider.com time to read: +5 min

Younger generations sometimes rely on family for financial support, but the opposite is also true. Gomez liquidated his assets and gave money to his dad to help pay off the loans. Hughes also sets aside some money each year for a fund to help other family members. "I would fund an account at the beginning of the year, and then if anyone in the family asked me to borrow money, it would come out of the family fund," Hughes said. "If they paid it back, it would go back into the family fund," Hughes said.

Persons: Millennials, —, Zers, they're, Jose Gomez, Gomez, Steven M, Hughes, he's, Z, Britni, Cartwright, wasn't, She's Organizations: Service Locations: United States

☆ His wife had a common skin condition and tried expensive creams for over 20 years. She became 'patient zero' for his personalized skincare company — and had clear skin in a month.
▼ + stars: | 2024-06-17 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +10 min

For 20 years after getting pregnant, Cherry Jia tried everything to fade the dark patches on her face. After giving birth to her son, she had melasma, a fairly common skin discoloration caused by hormonal fluctuations during pregnancy. The treatments they sold for dark spots had no effect on her skin. Jia said Musely's top-selling products treat aging concerns like dark spots, rosacea, and hair thinning. MuselyPart of the boom comes from the desire for products that target specific skin concerns, like dark spots or wrinkles.

Persons: Musely, —, Cherry Jia, she'd, Jack Jia, Cherry, Jack Jia Jia, Marie Jhin, he'd, Jhin, Lori Bush, Kimber Maderazzo, dermatologists, Jia, Jhin . Cherry Jia's, Jack Jia's, Musely Jia, estriol, they've, isn't, it's Organizations: Healthcare, Service, Musely, Jhin, FDA, New York Times Locations: drugstores

☆ Chinese officials’ attempt to ‘block’ formerly detained journalist mars Australia goodwill tour
▼ + stars: | 2024-06-17 | by ( Simone Mccarthy | Angus Watson | ) edition.cnn.com time to read: +6 min

CNN —Chinese Premier Li Qiang’s four-day visit to Australia this week was set to be focused on repairing long-strained relations between the two countries. But apparent efforts by Chinese officials to stand in front of an Australian reporter during a press briefing have shone a spotlight back on frictions between the countries. Beijing has also long been condemned by Western nations and rights groups for wrongful and arbitrary detentions. 2 official, to Australia is the highest-level trip to a US-allied country of any Chinese official in seven years. Speaking alongside Li following the signing ceremony, Albanese called the visit “another important step in stabilizing” the relationship.

Persons: Li Qiang’s, Cheng Lei, Li, Anthony Albanese, Cheng, I’m, ” Cheng, Albanese, ”, Yang Hengjun, Yang, Li Qiang, Lukas Coch, ” Li, Scott Morrison Organizations: CNN, Sky News Australia, Australian, Sky News, Guardian, Daily Telegraph, CGTN, Australia's, AP Pandas, Sunday, Adelaide Zoo, New Zealand Locations: Australia, China, Canberra, Beijing, Australian, US, “, New, Chinese

The meme stock was down about 12%, as the company's rescheduled shareholder event wrapped up with no detailed remarks about its strategies. GameStop shares dropped to session lows Monday after the company's highly anticipated annual meeting failed to offer any concrete updates on the video game retailer's future plans. Cohen didn't provide more specifics on the company's future growth strategies. GameStop is still struggling with a transition to online gaming and away from brick-and-mortar video game purchases, with investors banking on Cohen to eventually reinvent the company. The retailer recently raised more than $2 billion in an at-the-market equity sale as the video game company took advantage of the revived meme rally.

Persons: Ryan Cohen, Cohen, Cohen didn't, Roaring Kitty, Keith Gill, Gill Organizations: GameStop, New York Stock Exchange Locations: New York City, U.S

☆ Kylian Mbappe fractures nose for France at Euro 2024, will wear mask to return to play
▼ + stars: | 2024-06-17 | by ( Ali Rampling | Oliver Kay | ) www.nytimes.com time to read: +4 min

Kylian Mbappe suffered a fractured nose during France’s Euro 2024 win over Austria on Monday but will not undergo surgery at this time. AdvertisementThe 25-year-old was seen bleeding heavily from his nose as he was attended to by medical staff on the pitch. — Kylian Mbappé (@KMbappe) June 17, 2024Speaking before the diagnosis was confirmed head coach Didier Deschamps acknowledged the blow that losing Mbappe to injury would be for his side. Asked by French television channel TF1 if the fear was a broken nose, he said: “Apparently yes, his nose is not good at all. It’s so intense.”GO DEEPER The Briefing: Austria 0 France 1 - Mbappe's bloodied nose, pitch problems, Deschamps' dilemma(Michael Regan – UEFA/UEFA via Getty Images)

Persons: Kylian Mbappe, Kevin Danso, Mbappe, Des idées Organizations: Austria, Real, Dusseldorf Locations: Real Madrid, France, Netherlands

☆ Killings show ISIS remains a threat in Syria's desert 5 years after losing its caliphate
▼ + stars: | 2024-06-17 | by ( Paul Iddon | ) www.businessinsider.com time to read: +7 min

ISIS killed an estimated 84 Syrian soldiers and 44 civilians in central Syria in March, making it the most violent month in the ISIS desert campaign since late 2017. Another four Syrian troops were killed in another desert attack in late April. "Over the past several years, ISIS has been able to make regular attacks in the desert," Landis told Business Insider. AdvertisementLandis noted that the Syrian military is picking up its efforts to attack ISIS in the Homs-Palmyra region. AdvertisementWhile the Syrian military does carry out combing operations in the Homs desert, ISIS remnants are far from Damascus's top priority.

Persons: —, Joshua Landis, Landis, Bashar al, Aron Lund, Lund, Assad, what's, there's Organizations: Service, ISIS, Human Rights, Business, Center for Middle East Studies, University of Oklahoma, Century International, Syrian Democratic Forces Locations: United Kingdom, Homs, Syria, Iraq, Deir ez, Palmyra, Islamic State, Kurdish, Turkey, Syria's Hasakah, Damascus, State

☆ Why your child may be feeling anxious before bedtime
▼ + stars: | 2024-06-17 | by ( Taylor Nicioli | ) edition.cnn.com time to read: +7 min

“From 1 year of age to 6 years of age, kids change a lot. Almost half reported their child leaving their bed and moving to the parent’s bed some or most nights, while 1 in 3 parents said their child often or occasionally insists that they stay in the room until the child falls asleep. The most important factor in getting kids to bed is consistency and sticking with a bedtime routine, Mott Poll co-director Clark said. Ninety percent of polled parents reported having an established and consistent bedtime routine. It’s common for young children to experience sleep issues, especially as preschool-age children begin to reduce or drop naptime, Hartstein said.

Persons: CNN —, Kelceymarie Warner, ” Warner, Warner, Mott, doesn’t, ”, Sarah Clark, Clark, “, Lauren Hartstein, Hartstein Organizations: CNN, Mott Children’s, Children’s, University of Michigan, Mott Poll, University of Arizona, Boston Children’s Hospital Locations: Ann Arbor, “, Mott, Boston

☆ ALICEs, DINKs, HENRYs, and More: a Complete Guide
▼ + stars: | 2024-06-17 | by ( Erin Snodgrass | Jacob Zinkula | ) www.businessinsider.com time to read: +17 min

But the terms' recent popularity suggests people want to understand how they fit into the broader economy beyond standard measurements. But that, too, is uncertain: She said she was "dangerously close" to losing the aid because her income is too high. ALICEs tend to be older or younger workers, and while they're represented across racial groups, they're more likely to be Black or Hispanic. HIFI: High Income, Financially InsecureHIFI is the latest acronym to join the club. In a 2021 Medium post, Erica Dhawan defined "geriatric millennials" as millennials born in the early 1980s.

Persons: ALICE, HENRY, Kory, Anthony Klotz, Kantenga, DINK, They've, they've, Eric Anicich, Henry, Alice, haven't, Sarah, she's, — there's, they're, Carrie, Gen Zers, Brenton, Mirlanda, Neiman Marcus, Katie Notopoulos, Paige Connell, Connell, Chrissy Arsenault, Arsenault, Jimmy Simpson, who've, Rich, Christopher Stroup, Stroup, HIFIs, Erica Dhawan, Dwahan, Louis, —, Jewel Benjamin, Benjamin, micromanaging, Erin Snodgrass, Jacob Zinkula Organizations: FIRE, Business, LinkedIn, Texas, USC Marshall School of Business, : Asset, SNAP, Los Angeles Times, DINKs, Public School, Financial Independence, Sherwood News, Federal Reserve Bank of St, Federal Reserve, University of Michigan Health, Social, Social Security Locations: POLK, City, Dallas, Boston, Massachusetts, Colorado, Santa Monica , California, millennials, Georgia

"House of the Dragon" finally returned on Sunday night, two years after season one aired on HBO and became a smash hit. Rhaenyra, in mourning, needs to see her dead son for herselfRhaenyra discovers the remains of Arrax, her son Lucerys' dragon, in the season two premiere of "House of the Dragon." Daemon makes an oopsieDaemon (Matt Smith) and Rhaenyra (Emma D'Arcy) in "House of the Dragon" season 2. Back in King's Landing, the assassins that Daemon sent after Aemond close inEwan Mitchell as Aemond Targaryen in "House of the Dragon" season two. Olivia Cooke as Alicent in season two of "House of the Dragon."

Persons: —, Alicent Hightower, Aegon II, Rhaenyra Targaryen, Alicent's, Aemond, Rhaenyra's, Lucerys Velaryon, Eammon Jacobs, Palmer Haasch, Caralynn, Palmer, …, Cregan Stark, Ollie Upton, Stark, Jace, Vhagar, Daemon Daemon, Theo Whitman, Daemon, she's, Corlys, Tom Glynn, Carney, Helaena, Alicole, … Palmer, Rhaenyra, Arrax, Lucerys, Theo Whiteman, Emma D'Arcy, Milly Alcock —, Emma, Luke, Syrax, Otto, Larys, Michael, Aegon's, Hugh, Alicent, Sonoya Mizuno, maven, Whistleworm, I'm, Matt Smith, Jace —, he's, Jacaerys, it's, Ramin, Daemon Targaryen, Ewan Mitchell, it's Helaena, It's, Olivia Cooke, Cole, wasn't Criston, Jaime, Cersei, Bran Organizations: Service, HBO, Greens, Aegon, Blacks, Business, Alpha Beta Locations: Alicole, Farmville, Lucerys, Alicent

☆ Chinese citizens grapple with Florida law that bars them from buying property
▼ + stars: | 2024-06-17 | by ( Samantha Delouya | ) edition.cnn.com time to read: +6 min

It’s just purchasing property,” Bian, who is originally form Nanjing, China, said. Bian and other Florida residents told CNN that the rules have fostered uneasiness and confusion among ethnic Chinese people living in the state. Some say the law has damaged their businesses, while others say they are considering abandoning Florida altogether. Ever since Florida Senate Bill 264 went into effect on July 1, 2023, Chinese citizens without green cards face a felony charge and possible prison time if they purchase property in the state. For Chinese citizens without the permanent right to live in the US, specifically, the law goes a step further, barring the group from purchasing any property in the state.

Persons: CNN —, Jin Bian, Bian, “, Ron DeSantis, isn’t, Bill 264, Sellers, ”, Echo King, ” DeSantis, Clay Zhu, ” Zhu, Susan Li, Li, TikTok, Glenn Youngkin, Teresa Jin, ” Jin Organizations: CNN, Echo, Florida Asian American Justice Alliance, United, Chinese Communist Party, CCP, American Civil Liberties Union, US, US Department of Agriculture, Virginia Republican Locations: Tampa , Florida, Nanjing, China, Florida, Russia, Iran, North Korea, Cuba, Venezuela, Syria, “ Florida, United States, People’s Republic of China, Orlando , Florida, Montana, Virginia, California

☆ US sounds alarm over Chinese and North Korean support for Russia’s war in Ukraine
▼ + stars: | 2024-06-17 | by ( Stephen Collinson | ) edition.cnn.com time to read: +5 min

But the reality is that China’s fueling the largest armed conflict in Europe since World War II,” Stoltenberg said at The Wilson Center. The idea of an anti-US front among Russia, China, North Korea and Iran has long preoccupied foreign policy experts in Washington. In March, US Director of National Intelligence Avril Haines told Congress that Russia’s need to replenish its military supplies had forced it to grant “long-sought concessions” to North Korea. “What is Russia going to provide in exchange to North Korea, hard currency? So, we know that they are using DPRK ammunition to threaten Ukraine and kill Ukrainians,” he said.

Persons: Joe Biden, Vladimir Putin’s, Volodymyr Zelensky, Biden, Zelensky, Xi Jinping, ”, Jens Stoltenberg, “, Xi, ” Stoltenberg, Putin, Kremlin, Kim Jong Un, of National Intelligence Avril Haines, Kurt Campbell, Kim, ” Campbell, Matthew Miller, John Kirby, ” Kirby, “ We’re, ” Putin Organizations: CNN, NATO, Washington, “ Publicly, The Wilson, “, of National Intelligence, Stimson, ”, House Locations: Ukraine, Russian, China, Ukrainian, Italy, Russia, Beijing, Moscow, Europe, North Korea, Iran, Washington, Pyongyang, Korea, Northeast Asia, Korean, North

☆ Why student loan forgiveness sparks anger: A philosopher, attorney general, sociologist and religious thought expert weigh in
▼ + stars: | 2024-06-16 | by ( Annie Nova | ) www.cnbc.com time to read: +5 min

D'Aungilique Jackson, of Fresno, California, holds a "Cancel Student Debt" sign outside the U.S. Supreme Court in Washington, D.C., after the nation's high court struck down President Joe Biden's student debt relief program on Friday, June 30, 2023. Kent Nishimura | Los Angeles Times | Getty Images'A common-sense fairness question'"There is a common-sense fairness question when it comes to erasing student debt," Griffin wrote in an email to CNBC. "Our priorities should be preventing and alleviating student debt, rather than insisting on a narrative of personal responsibility." So student loan forgiveness may affect more Democrats than Republicans directly." Some who oppose student loan forgiveness view education as a private commodity that benefits the person who purchases it."

Persons: D'Aungilique Jackson, Joe Biden's, Kent Nishimura, Griffin, Kate Padgett Walsh, they've, Padgett Walsh, Devin Singh, Singh, there's, Charlie Eaton, haven't, Eaton Organizations: U.S, Supreme, Washington , D.C, Los Angeles Times, Getty, CNBC, Biden, Valuable Education, Iowa State University, Dartmouth College, Democratic, University of California Locations: Fresno , California, Washington ,, Arkansas, Merced

☆ Want to live on the coast? Be prepared to pay more in monthly bills.
▼ + stars: | 2024-06-16 | by ( Cork Gaines | ) www.businessinsider.com time to read: +2 min

Living in a coastal state could result in higher monthly bills. Hawai'i, California, and Massachusetts are the most expensive states based on online bill-paying service Doxo's cost of bills index. Hawai'i came in as the most expensive state, with the average household spending $3,091 monthly on the 10 essential bills, 45% above the US average. Meanwhile, West Virginia is the cheapest state to live in, with residents spending $1,596 monthly on bills, 25% below average. Here are the 10 states with the most expensive essential monthly bills and the 10 with the cheapest.

Persons: — Organizations: Service, Hawai'i, Census Bureau Locations: Hawai'i , California, Massachusetts, West Virginia

☆ My dad had impeccable style. After he died, I started wearing his clothes to remember him.
▼ + stars: | 2024-06-16 | by ( Lola Méndez | ) www.businessinsider.com time to read: +4 min

As I sorted his clothes with my mom and sister, we selected items to keep. My sister kept a denim jacket and my mother his boina. My father was a foot taller than me, and wearing his clothes makes me feel protected, as if he's hugging me. Grief and nostalgia often go hand in hand. I often see the pair of Keen sandals he wore, and every time, I'm hit by a wave of grief.

Persons: Gina Moffa, I've, Moffa, He'd, Keen, I'm Organizations: Service, Business, Uruguayan, Rolex Locations: Uruguayan, Uruguay, Luxor, Egypt, Mexico

☆ 3 in-demand remote jobs hiring now that pay $100,000 in 2024
▼ + stars: | 2024-06-16 | by ( Morgan Smith | ) www.cnbc.com time to read: +2 min

The share of remote work opportunities for high-wage earners might have fallen from its peak in 2022, but there are still dozens of flexible jobs with salaries in the six-figure range in high demand. Popular job search site Indeed saw a 40% increase in remote job openings between March 2023 and March 2024. Several roles with a high volume of job listings offer salaries over $100,000, including real estate analyst and telemedicine physician. The most in-demand, six-figure remote jobs companies are hiring for include roles in tech, sales and marketing, according to new research from FlexJobs. To make your remote job application stand out — regardless of the time of the year — Spencer recommends networking with employees at your target list of companies.

Persons: FlexJobs, Keith Spencer, Spencer, — Spencer Organizations: CNBC

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