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☆ This 30-year-old made $66,000 selling trash last year. His finds include Fendi bags and hundreds in cash
▼ + stars: | 2024-06-20 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +4 min

Leonardo Urbano, 30, sits on a couch that was set out for disposal in Sydney. Leonardo Urbano said he sometimes finds luxury goods in piles of discarded clothes, such as this purported Fendi bag. When he finds luxury items, Urbano said he tries to verify their authenticity by checking the serial numbers on sites like Entropy. Leonardo Urbano found a painting by two-time Archibald Prize finalist Dapeng Liu with an estimated value of $3,000. Leonardo Urbano

Persons: Leonardo Urbano, Urbano, He's, Dapeng Liu Organizations: Facebook, CNBC Locations: Sydney, Leonardo Urbano In Australia, Australia

☆ The Quiet Vacationing Trend Is a Sign of America's Broken Work Culture
▼ + stars: | 2024-06-20 | by ( Emily Stewart | ) www.businessinsider.com time to read: +8 min

Now people are taking full-blown holidays while on the job as part of a trend that's been called "quiet vacationing." It's a stark reminder of how broken American work culture is, just in time for summer. Pretending to work when you're not or acting like you're putting in more hours than you do is not a new phenomenon. If you're quiet vacationing and your boss doesn't know, good for you, I guess. Regardless of how up front (or not) employees are, at the end of the day, American work culture is the bad guy here.

Persons: margarita, munches, they're, Rebecca Zucker, they'd, —, it's, overworkers, Malissa Clark, Clark, downshift, Zucker, We're, we're, aren't, doesn't Organizations: Harris, Workers, University of Georgia, Business Locations: sipping, American

☆ Britain’s embattled ruling party roiled by election-related gambling scandal
▼ + stars: | 2024-06-20 | by ( Luke Mcgee | ) edition.cnn.com time to read: +3 min

CNN —Britain’s governing Conservative Party has been rocked by a gambling scandal in the middle of the campaign for an election that it is expected to lose. The UK’s PA Media news agency reported on Thursday that Conservative candidate Laura Saunders is facing a gambling watchdog investigation into alleged betting offenses. Prior to standing as a candidate, Saunders worked for the Conservative Party. A Conservative spokesperson told CNN in a statement: “We have been contacted by the Gambling Commission about a small number of individuals. It would be the first time Labour has entered power from opposition since 1997 and would end 14 years of controversial government by the Conservative Party.

Persons: Laura Saunders, Saunders, Tony Lee, Lee, ” Saunders, Craig Williams, Rishi Sunak, Williams, “, …, ”, It’s Organizations: CNN, Conservative Party, Media, Conservative, BBC, Commission, UK’s, Sunak, The Metropolitan Police, Professional, Labour Party, Labour, Conservatives

☆ AI is replacing human tasks faster than you think
▼ + stars: | 2024-06-20 | by ( Matt Egan | ) edition.cnn.com time to read: +6 min

That’s in addition to creative tasks for which some businesses are already relying on ChatGPT and other AI chatbots to assist, including crafting job posts, writing press releases and building marketing campaigns. The findings show companies are increasingly turning to AI to cut costs, boost profits and make their workers more productive. Nearly 60% of all companies (and 84% of large companies) surveyed said that over the past year they have already leaned on software, equipment or technology including AI to automate tasks employees previously did. Bosses are turning to AI for a variety of reasons, including to trim what they are spending on human workers. Human jobs will be replaced — but will be replaced by other humans using AI,” he said.

Persons: ” Duke, John Graham, Duke, ”, Graham, “, Reid Hoffman, ” Hoffman, Janet Yellen, Democratic Sen, Gary Peters, ” Graham Organizations: New, New York CNN — Corporate, Duke University, Federal Reserve Bank of Atlanta, ”, CNN, Survey, Atlanta Fed, LinkedIn, Democratic, Homeland Security, Government Affairs Committee Locations: New York, That’s, ChatGPT

☆ Ukraine got the go-ahead to hit Russia with F-16s, but doing so could be a waste of a good jet
▼ + stars: | 2024-06-20 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +11 min

Read previewNATO member Denmark has given Ukraine permission to use the F-16s it receives to hit military targets within Russia. AdvertisementThe exact number of F-16s Ukraine will get to begin with is unclear, but it's not expected to be many. But in Russia, Ukrainian aircraft can also expect to battle the Russian Air Force in addition to enemy air defenses. It would also bolster a capability that has been heavily strained by relentless Russian attacks, and that's air defense. But they said these fighter jets will be useful for Ukraine by replenishing lost aircraft, deterring Russian jets, and acting as defenses.

Persons: —, George Barros, Israel Aerospace Industries Barros, it's, Mark Cancian, Tim Robinson, Peter Layton, Volodymyr Zelenskiy, Mette Frederiksen, Ritzau Scanpix, Mads Claus Rasmussen, there's, Michael Clark, Clark, Cancian, ISW, Layton, Robinson, DIMITAR DILKOFF, Noble, Chanceler Organizations: Service, Business, Ukraine, Analysts, Israeli Military Industries Systems, Israel Aerospace Industries, Marine, Center for Strategic, International Studies, UK's Royal Aeronautical Society, Griffith Asia Institute, Royal Australian Air Force, Denmark's, Skrydstrup Airbase, REUTERS, Politico, Republicans, Russian Air Force, Getty, Noble Eagle, US Air Force Locations: Denmark, Ukraine, Russia, Moscow, Russian, Israeli, Netherlands, Norway, Belgium, France, Skrydstrup, Vojens, Arizona, Romania, British, Crimea, Ukrainian, AFP

☆ I quit bartending at Twin Peaks to start my marketing career. Within 3 years, I was a CMO earning double my former income.
▼ + stars: | 2024-06-20 | by ( Perri Ormont Blumberg | ) www.businessinsider.com time to read: +5 min

AdvertisementWhen I first started working at Twin Peaks, I was young and extremely shyI was grateful for my first few years at Twin Peaks. The Twin Peaks in Tennessee, where I worked, valued the size of my pants over my work ethic. I also briefly worked at a Twin Peaks location in Florida, and it was the same. I started at StaySense 2021I was hired and started a marketing internship at StaySense in the summer of 2021. My only regret is not leaving my service industry job sooner to start my marketing career.

Persons: —, Brittany Betts, It's Organizations: Service, StaySense, Guesty, Business, Hooters Locations: Nashville, Twin, Tennessee, Florida

☆ How the ‘song of the summer’ became a cultural phenomenon
▼ + stars: | 2024-06-20 | by ( Harmeet Kaur | ) edition.cnn.com time to read: +12 min

And in an age where social media and streaming platforms have fragmented the cultural landscape, does the song of the summer even exist anymore? “It’s not like people were walking around in 1925 and saying, ‘You think that’s the summer song this year? New York Magazine’s 1995 Summer Fun issue devoted an article to examining the summer song as a unifying force — per the magazine, a summer song should be 1) released in the summer, 2) uncomplicated and 3) unforgettable. MTV’s Video Music Awards introduced a song of summer category in 2013, with One Direction’s “Best Song Ever” nabbing the inaugural award. Even as the song of the summer has become increasingly debatable, the idea that a single song could encapsulate a given summer continues to have a hold over our culture.

Persons: David Hajdu, “, ”, Hajdu, Phil Edwards, George Gershwin's, George Gershwin’s, Harry James ’, “ It’s, that’s, ’ ” Hajdu, Young, ’, ” Hajdu, Michael Ochs, Martha, Lovin, Sly, Stone, Robert Thompson, Ann Powers, Ricky Martin's, Frank Micelotta, ” Thompson, Thompson, gatekeepers, Vulture, Rolling Stone, It’s, Jason Lipshutz, Morgan, SZA, Armando L, Sanchez, Morgan Wallen’s “, Lipshutz, Miley Cyrus, Kylie Minogue, — Organizations: CNN, Day, Labor, Vox, Washington Post, Billboard, Beach Boys, Michael Ochs Archives, Vandellas, . Radio, Bleier Center for Television, Culture, Syracuse University . New, Bills, Backstreet Boys, Nielsen, American, Rolling, Social, Chicago Tribune, Tribune, Service Locations: America, Washington, Syracuse University . New York, “

☆ Live Updates: Heat Wave Pummels Eastern U.S. for 4th Day
▼ + stars: | 2024-06-20 | by ( Andy Newman | Robert Chiarito | ) www.nytimes.com time to read: +5 min

Prolonged exposure to or physical exertion in excessive heat can cause heatstroke, according to the Mayo Clinic. Starting Tuesday, cooling centers — indoor, air-conditioned spaces for public use — will be open during the day in New York. At night, because heat can disrupt sleep, 60 to 67 degrees is recommended by the Cleveland Clinic. A technician will typically check for and diagnose issues with the system, clean it and change out the filter. New York Times Cooking has a list of “No-Cook Recipes for a Heat Wave” so you can prep a meal without turning on your stove top.

Persons: you’re, Patrick Junker, Wirecutter, Steer Organizations: Chicago, Mayo Clinic, Cleveland Clinic, American Kennel Club, The New York Times, York Times Locations: New York, Dallas, New York City, Ronda Kaysen

☆ A mom in Sweden took 21 months off when her kids were born, and her partner took 15. Sharing parental leave changed their expectations of each other.
▼ + stars: | 2024-06-20 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +3 min

Parents get 480 days of leave in SwedenIn Sweden, parents are entitled to 480 days of leave per child. AdvertisementLindgren started parental leave two weeks before their daughter was born, after which her husband took 10 days of paid leave, which is standard practice in Sweden. In total, Lindgren took 10 months of parental leave for her first child and said she was paid 80% of her salary during most of this period. Her husband took a combination of parental leave and annual leave to make it happen. When their second child was born in December 2021, Lindgren took another eight months of parental leave.

Persons: —, Nicola Lindgren, Lindgren, breastfeed Organizations: Service, Business Locations: New Zealand, Sweden

☆ IMF chief says Europe looks like 'an ideas supermarket' for the U.S., calls for further integration
▼ + stars: | 2024-06-20 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +2 min

Kristalina Georgieva, chief executive officer of the World Bank Group, arrives to a briefing at the annual meetings of the International Monetary Fund (IMF) and World Bank in Washington, DC, US, on Friday, April 19, 2024. Speaking to CNBC's Karen Tso, IMF Managing Director Kristalina Georgieva said Europe's economic performance was strengthening and inflation was clearly on a downward trajectory. One, to achieve the full potential of the single market. Right now, Europe looks like an ideas supermarket for the United States," Georgieva said. [It is] 27 countries not yet integrated in a single market."

Persons: Kristalina Georgieva, Karen Tso, Georgieva Organizations: World Bank Group, International Monetary Fund, Bank, IMF, European Central Bank Locations: Washington , DC, Europe, United States

☆ Willie Mays: My father taught me everything I needed to know about the most complete ballplayer ever
▼ + stars: | 2024-06-20 | by ( Harry Enten | ) edition.cnn.com time to read: +7 min

CNN —When people ask me how good of a player Willie Mays was, I give them a perhaps odd answer. You see, my Father watched Mays play when he came up as a rookie for the New York Giants in 1951. That short splice of film is our version of getting to see Mays play. Mays is a big reason why my Father was one of the few people who wore a New York Giants baseball cap throughout his later years. It’s a connection I try to carry on to this day whether it’s by wearing a New York Giants baseball hat on television or by answering “the New York Giants” when asked what baseball team I root for.

Persons: Willie Mays, Mays, –, ”, Harry Enten, CNN Mays, ” –, Vic Wertz, Harry Hall, Neil Paine, Long, New York – Organizations: CNN, San Francisco Giants, New York Mets, Mets, of Fame, New York Giants, Giants, NL, Brooklyn Dodgers, National League, Cleveland Indians, AP, Chicago Cubs, Baseball, Major League, Negro League, MLB, Negro Leagues, Birmingham Black Barons Locations: Cleveland, New York, West Coast, Chicago, Mays, Mississippi, Bronx

One by one, each country with the money and the drive to compete started its own nuclear weapons program. Even with this kind of evidence in hand, science has reached only limited conclusions about how nuclear weapons testing affects individuals’ health. They helped create the 2021 Treaty on the Prohibition of Nuclear Weapons, signed by 93 countries, which bans the possession, use and testing of nuclear weapons. France has acknowledged its “debt” to Polynesians over nuclear testing, and it created a commission in 2010 to evaluate nuclear testing victim compensation claims, but it has never apologized. We are still wrestling with the damage wrought by testing nuclear weapons in our past.

Persons: —, Ernest Moniz, Barack Obama, ” Mr, Moniz, Trump, Trump’s, Biden, United States ’, Republic of Kiribati —, we’re, Robert Oppenheimer’s, Oppenheimer, Ben Wyatt, King Juda, Harry Truman, Oppenheimer’s, Karina Lester, ”, Willard F, Libby, Louis, couldn’t, Merril Eisenbud, Hinamoeura, Britain —, “, it’s, John Moody, Benetick Kabua Maddison, Maddison, Benetick, It’s, Vladimir Putin Organizations: Las, Washington, United States, Marshall, Embassy, D.C, Marshalls, U.S, Navy, United, Soviet Union, Britain, Atomic Energy Commission, St, Louis University, Washington University School of Dental Medicine, Bravo, U.S . Navy, Atomic Energy, Centers for Disease Control, Polynesia —, Nuclear Weapons, ., Pacific Mart, Educational, America Locations: U.S, Japan, United States, Russia, China, Nevada, Soviet Union, — Semipalatinsk, Kazakhstan, Reggane, Algeria, Montebello, Australia, Republic of Kiribati, Marshall Islands, Republic, Washington, Hiroshima, New Mexico, Las Vegas, Marshall, Hawaii, Philippines, Bikini, Atoll, Soviet, Africa, Polynesia, Xinjiang, The, Britain Britain, Britain, American, Kwajalein Atoll, France, France France, Tahiti, Nagasaki, Asia, Europe, India, Pakistan, North Korea, United, Kwajalein, Hawaii , California, Washington and Oregon, Arkansas, Springdale, you’re, Rhode Island, Moscow

☆ How to live happily past 100, according to 7 of the world's oldest people
▼ + stars: | 2024-06-20 | by ( Serafina Kenny | ) www.businessinsider.com time to read: +6 min

A healthy 30-year-old woman today has up to a 22% chance of living to 100, according to the Stanford Center on Longevity. In contrast, a woman born in 1920 had around a 2% chance of living to 100, according to actuary Mary Pat Campbell. AdvertisementElizabeth Francis receiving her 'Oldest living Texan' plaque. Centenarians in the world's Blue Zones, where people live to over 100 more often than in other populations, also tend to eat plenty of vegetables and whole foods. Practice moderationJohn Tinniswood, from the UK — who is currently the oldest living man at 111 years old — and Japanese Kane Taneka — who was the second oldest person in recorded history when he died at 119 in 2022 — both do everything in moderation.

Persons: —, Jim Crow, that's, Mary Pat Campbell, Jack, Jack Van Nordheim, Elizabeth Francis, Emmanuel Rodriguez, LongeviQuest Van Nordheim, Francis, collard, expectancies, Van Nordheim, Katie MacRae, Bolton Clarke, MacRae, Janet Gibbs, Gibbs, Joyce Preston, who's, Von Nordheim, Preston, centenarians, John Tinniswood, Kane Taneka —, Yumi Yamamoto, Yamamoto, Kikue Taira, Nomoto Organizations: Service, Business, Stanford Center, Longevity, Research, LongeviQuest Locations: Southern California, birdwatch, Australia, Japan

☆ YouTube sensation Caspar Lee on why he quit the platform to build a business empire
▼ + stars: | 2024-06-20 | by ( Sawdah Bhaimiya | ) www.cnbc.com time to read: +5 min

30-year-old Caspar Lee was once a YouTube megastar and is now a serial entrepreneur. Caspar LeeCaspar Lee belongs to a crop of content creators who found early success on YouTube back in the 2010s, commanding millions of views on the platform. Lee said his first venture into entrepreneurship was when in 2017 he co-founded the influencer marketing company Influencer.com, alongside Ben Jeffries. Lee co-founded a venture capital firm Creator Ventures with his cousin Sasha Kaletsky in 2022. Caspar LeeThereafter, Lee co-founded Proper Living — accommodation in Cape Town for students and young professionals.

Persons: Caspar Lee, Caspar Lee Caspar Lee, Zoe Sugg, Marcus Butler, Joe Sugg, Ed Sheeran, Justin Timberlake, Anna Kendrick, Kevin Hart, Lee, Goldman Sachs, they're, Ben Jeffries, Joe Suggs, Sasha Kaletsky, Caspar Lee Thereafter, I've, Influencer.com, Sasha Kaletsky —, Kaletsky, shouldn't Organizations: YouTube, CNBC, Google, MVE, IMG, Endeavor Group, Ventures, Forbes, Bridgepoint, Labs Locations: England, Knysna, South Africa, American, Cape Town, Europe, London

☆ Elon Musk really wants advertisers' money. But he also wants to keep tweeting. He can't have both.
▼ + stars: | 2024-06-20 | by ( Peter Kafka | ) www.businessinsider.com time to read: +6 min

His anti-revenue campaign reached its peak/nadir last fall, when he literally told advertisers to "go fuck yourself." And that's where Musk explained that when he told advertisers to go fuck themselves last year, he didn't mean all advertisers. "It was with respect to freedom of speech," he told Read. AdvertisementMeanwhile, the exodus of big brand advertisers has pushed Twitter ad rates way, way down. And I do shoot myself in the foot from time to time," he told Read.

Persons: —, Elon Musk, Mark Read, Musk, Read, Oliver Darcy, Joe Biden's, Donald Trump, Barack Obama, Joe, Puck, there's, It's Organizations: Service, Elon, Business, Cannes, WPP, Twitter, YouTube, Facebook, CNN, Associated Press, Washington Post, Democratic Party, Republicans, Google, Media Locations: France, Mexico, Washington

☆ It will take 'an awful lot of good data' for the Fed to ease in September, says KPMG's Diane Swonk
▼ + stars: | 2024-06-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIt will take 'an awful lot of good data' for the Fed to ease in September, says KPMG's Diane SwonkLori Calvasina, RBC Capital Markets head of U.S. equity strategy, and Diane Swonk, KPMG chief economist, join 'Squawk on the Street' to discuss the thesis that the economy is normalizing along the lines of inflation, how the equity market is digesting macroeconomic news, and much more.

Persons: Diane Swonk Lori Calvasina, Diane Swonk Organizations: RBC Capital Markets, KPMG

☆ Pulitzer Prize-winning Washington Post journalists call for leadership change amid publisher scrutiny
▼ + stars: | 2024-06-20 | by ( Oliver Darcy | ) edition.cnn.com time to read: +4 min

CNN —Two Pulitzer Prize-winning journalists at The Washington Post went on the record late Wednesday, calling for leadership change at the storied newspaper as questions swirl over the integrity of its new publisher and chief executive, Will Lewis. “Will Lewis needs to step down for the good of The Post and the public,” Higham replied in a comment on Maraniss’ post. “He has lost the newsroom and will never win it back.”Spokespersons for Bezos and The Post did not immediately comment. Inside The Post’s newsroom, morale has plunged as staffers express alarm over Lewis’ conduct and worries over the future direction of the newspaper under his leadership. “Bezos must recruit an accomplished, experienced editor whom journalists admire and trust.”

Persons: Will Lewis, “, ” David Maraniss, ” Maraniss, Jeff Bezos, Lewis, ” Scott Higham, Maraniss, “ Will Lewis, ” Higham, ”, Lewis ’, Robert Winnett, Rupert Murdoch’s, David Folkenflik, ” Lewis, Bezos, ” Bezos, Jeffrey Sonnenfeld, Sonnenfeld, Katharine Graham, Ben Bradlee, Marty Baron, ” Sonnenfeld, “ Bezos Organizations: CNN, The Washington Post, The, New York Times, NPR, Post, Yale School of Management

☆ Student loan forgiveness deadline is June 30. Here's what borrowers need to know
▼ + stars: | 2024-06-20 | by ( Annie Nova | ) www.cnbc.com time to read: +2 min

Those with several student loans who apply for so-called loan consolidation by June 30 — a move that packages multiple federal student loans into a single new loan — may benefit from the temporary policy. Student loan borrowers have until the end of June to meet a deadline that could lead to quicker debt forgiveness. Many student loan borrowers have multiple education loans, either because they borrowed repeatedly throughout college or returned to school at some point. "Many borrowers will get complete debt cancellation, particularly those who have been paying for over twenty years," Fox said. Usually, a student loan consolidation restarts a borrower's forgiveness timeline to zero, making it a terrible move for those working toward cancellation.

Persons: Biden, Jane Fox, Fox Organizations: CNBC, Finance, Treasury Department Locations: deferments

☆ Gen Z and millennial NEETS are on the rise — many say they'd rather do nothing than be unhappy at work
▼ + stars: | 2024-06-20 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +7 min

Many NEETs are listless, struggling through tough economic times, living off loans, and losing hope of retirement or buying a house. Voluntarily idleSome Gen Zers struggle to find a job or stay in work or education, earning the nickname "disconnected youth." But some Zoomer and millennial NEETs are happy to wait out unemployment for the right career path. Advertisement"It reveals how much shame in guilt is built into our every day lives," Pitcher told BI of being a NEET. This gives him faith that things will be OK, he told BI.

Persons: —, Zers, Louis, Morgan Pitcher, Pitcher, Leonie, Lukas, James Watts, Gen Zers, Watts, Laurie Cure, Darrin Murriner, Murriner Organizations: Service, International Labour Organization, Business, Gallup, St, Louis Federal Reserve's Institute for Economic Equity Locations: Vancouver

☆ A 'Bridgerton' makeup artist says these 5 beauty products passed 'smooch-tests' and stayed on during steamy sex scenes
▼ + stars: | 2024-06-20 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +1 min

The show's makeup artist told Page Six which products passed "smooch tests." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . But one of the hit Netflix show's makeup artists had another task: Making the actors' makeup look good during sex scenes. In an interview with Page Six published on Friday, makeup artist Erika Okvist said that the cast had to perform "smooch-tests" to ensure that the makeup could hold up in steamy scenes. This story is available exclusively to Business Insider subscribers.

Persons: Page, —, Erika Okvist Organizations: Service, Netflix, Business

☆ 'Quiet vacationing' shows how sad America's work culture has become
▼ + stars: | 2024-06-20 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In today's big story, we're looking at why the rise of "quiet vacationing" shows the depressing state of America's work culture . If you're unfamiliar with the distinction, let me introduce you to a new workplace phrase: quiet vacationing . But Business Insider's Emily Stewart argues workers feeling too stressed to fully take time off is a sad example of America's work culture. The irony is that quiet vacationing could arguably put you in a worse position for your job these days.

Persons: —, Jenny Chang, Rodriguez, Slack, Emily Stewart, Martin Barraud, Wally Pipp, Pipp, Lou Gehrig, Wally Pipped, Alyssa Powell, Steve German, Arizona's, Mohamed El, Erian, China's, Brooks Kraft, They've, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Annie Smith, Amanda Yen Organizations: Service, Business, New York Yankees, American League, Yankees, Getty, Partners, Alfa Bank, YouTube, Foo Fighters, BI, Amazon, Bain & Company, Brooks Kraft LLC, Harvard, Hollywood . Media, Dell Locations: Arizona, Miami, China, Beijing, Shanghai, Russia, Hollywood, New York, London

☆ Baltimore bridge: Attorneys reach deal that could allow some Dali crew members to fly home after months stuck onboard
▼ + stars: | 2024-06-20 | by ( Holly Yan | Gabe Cohen | ) edition.cnn.com time to read: +7 min

Crew members haven’t been able to get off the ship for a variety of reasons. Bennett’s email identifies the eight eligible crew members, which include a cook, a fitter and an oiler. As part of the deal, those crew members will not need to stay in Baltimore. But with the new agreement Wednesday night, the eight crew members would be able to leave the country before they’re deposed. But it’s still unclear exactly when the eight crew members – and the rest of their colleagues – will be able to leave.

Persons: Dali, Francis Scott Key, haven’t, “, ” Adam Levitt, Levitt, William Bennett, Grace Ocean, DALI, ”, ” Bennett, James Bredar, ” Levitt, Jerry Jackson, Jason Foster, Foster, they’re, Darrell Wilson, ” Wilson, Bro Chen Chuanyi, Gwee Guo Duan, it’s, –, CNN’s Mary Kay Mallonee, Jeff Winter Organizations: CNN, City, Court, Synergy Marine, Synergy, U.S . Coast Guard, DOJ, Coast Guard, Department of Justice, ”, Baltimore Sun, TNS, Getty, Federal, Singapore Organisation of Seamen, Singapore Maritime Officers ’ Union Locations: Baltimore, City of Baltimore, Lankan, United States, London, of Baltimore, Dali, Singapore

☆ Why buy now, pay later debt could become a problem for the U.S. economy
▼ + stars: | 2024-06-20 | by ( Charlotte Morabito | In Charlottemorabito | ) www.cnbc.com time to read: +2 min

Buy now, pay later options are becoming more accessible to consumers. A quarter of Americans surveyed in April 2024 said they used buy now, pay later services in the past 12 months, according to a recent report from NerdWallet. The number of buy now, pay later loans increased nearly 1,100% between 2019 and 2021, according to data compiled by the Consumer Financial Protection Bureau. The rapid growth has some analysts concerned because where there are loans, there is debt — but exactly how much debt is still unclear. The FTA is a trade group that represents four of the largest buy now, pay later providers: Klarna, Afterpay, Zip and PayPal.

Persons: Shannon Grein, Penny Lee Organizations: Consumer Financial, Bureau, CNBC, Financial Technology Association, PayPal Locations: NerdWallet, Wells

☆ Bank of England Holds Rates Steady, Despite Slower Inflation
▼ + stars: | 2024-06-20 | by ( Eshe Nelson | ) www.nytimes.com time to read: +1 min

The Bank of England held interest rates on Thursday at their highest level since 2008 even as inflation in Britain slowed to 2 percent in May, an important milestone. Policymakers kept rates at 5.25 percent, where they have been for 10 months. “It’s good news that inflation has returned to our 2 percent target,” Andrew Bailey, the governor of the Bank of England, said in a statement. This month, the European Central Bank cut rates for the first time in about five years but warned that it would take a cautious approach to future cuts. The U.S. Federal Reserve also indicated it would reduce rates just once this year, down from an earlier projection of three cuts.

Persons: ” Andrew Bailey, we’ve Organizations: of England, Bank of England, European Central Bank, U.S . Federal Locations: Britain

☆ Paying off my debt will make it easier to get my dream home, so I took on a side hustle to pay off $5,000
▼ + stars: | 2024-06-20 | by ( Choncé Maddox | ) www.businessinsider.com time to read: +4 min

I took on a seasonal job that allowed me to rapidly pay off my credit-card debt and start saving. In 2022, we ended up draining most of our emergency fund, and I quickly racked up close to $5,000 worth of credit-card debt. I picked up a seasonal jobOne of the best things I did last winter to streamline paying off my credit-card debt was getting a seasonal part-time job. All of this went toward my credit-card debt, along with any money I budgeted for extra debt payments from my main income. Paying down credit-card debt was just one thing I needed to do.

Persons: —, I'm, I've, homeownership Organizations: Service, Amazon

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