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☆ TikTok is becoming a new GoFundMe, with views replacing donations to help people get out of debt
▼ + stars: | 2024-05-22 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +7 min

Read preview"We are paying off each other debt on TikTok," a creator recently declared. The creator, named Yolanda, was gushing about the "pay off each other's debt" trend that seems to have become popular on the app. More than 4,000 videos have been posted under the #payoffdebttrend hashtag on TikTok, with creators asking for help for various reasons including medical bills, student debt, and unexpected costs. The requirements for earning money on TikTok are to have at least 10,000 followers and to have amassed 100,000 video views in the previous 30 days. AdvertisementAccording to creators who previously spoke with BI in 2022, the amount TikTok pays creators varies widely from a few pennies to $17 per 1,000 views.

Persons: —, Yolanda, TikTok, Katya Varbanova, Jake Heisenburg, Heisenburg, commenter, didn't, he'd, Markia Brown, Mark Tilbury, Varbanova, it's, Brown, isn't Organizations: Service, Business, New York Federal Reserve Bank, TikTok, Facebook Locations: TikTok, Experian

☆ An interior designer with 14 years of experience shares the 10 decor mistakes she hates seeing in people's homes
▼ + stars: | 2024-05-22 | by ( Cheyenne Lentz | ) www.businessinsider.com time to read: +5 min

Here are the 10 decor mistakes she hates to see in other people's homes. "The drapery rod should be hung as high up as possible, close to the ceiling," Moreira said. Repeating too many of the same wood tones can make the room look one-dimensionalIt's not ideal to buy furniture in matching wood tones when decorating a room, Moreira told BI. When shopping, she said, consider the floor space you're working with as well as the architecture of the room. "You should have good traffic flow within the space, but it should never feel like it's missing a piece or feel empty," Moreira told BI.

Persons: —, Manuella Moreira, Moreira, Nightstands, Fiordaliso Organizations: Service, Business Locations: Los Angeles

☆ A Microsoft under attack from government and tech rivals after 'preventable' hack ties executive pay to cyberthreats
▼ + stars: | 2024-05-22 | by ( Trevor Laurence Jockims | ) www.cnbc.com time to read: +13 min

The decision by Microsoft to link executive compensation to successful cybersecurity performance is another is prompting discussions at other firms. One change the tech giant is making in response: linking executive compensation more closely to cybersecurity. In recent years, many Fortune 500 companies, including Apple, have added bonus pay tied to ESG metrics. The conversations about cybersecurity-linked executive pay have started taking place at other companies since Microsoft made its move, according to Aalap Shah, managing director at executive compensation consultant Pearl Meyer. Madnick's research shows that gaps in corporate culture are often culprits in high-profile hacks, not just the Microsoft example.

Persons: Brad Smith, Charlie Bell, Aalap Shah, Pearl Meyer, It's, I've, Shah, —, Stuart Madnick, Madnick, Ryan Kalember, unavoidability, Jen, Kalember, ransomware, Mike Doonan, Doonan Organizations: Microsoft, U.S, Hill, Google, U.S . Department of Homeland, Initiative, Microsoft Security, Team, Companies, Fortune, Apple, MIT, Infrastructure Security Agency, CNBC, Technology, State Department Locations: China, Russia, cybersecurity, U.S

With that in mind, we searched for the best Memorial Day TV deals to help simplify your shopping. Some of the best deals include $300 off the Hisense U6HF, one of our picks for the best 50-inch TVs, and $2,400 off the 83-inch Samsung S90C. You can also find more of this season's sales in our roundups of the best Memorial Day sales and the best Memorial Day furniture sales. 50- and 55-inch TV Memorial Day dealsHisense 50-inch U6HF QLED 4K Fire TV $299.99 $499.99 Save 40% This 50-inch display has Amazon's Fire TV platform built-in for easy access to tons of streaming apps. Shop at AmazonCheck out more of our highlights of the best Memorial Day sales on TVs, furniture, kitchen appliances, and more.

Persons: It's Organizations: Business, Samsung, Amazon, LG, Amazon Sony

☆ How Trump's presidency became a roller-coaster ride for many of America's top CEOs
▼ + stars: | 2024-05-21 | by ( John L. Dorman | ) www.businessinsider.com time to read: +9 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In August 2017, a Trump Tower event meant to provide updates about Trump's infrastructure plan became dominated by his response to the violence in Charlottesville. And in February 2018, Trump's infrastructure proposal took a back seat amid accusations of misconduct by two close aides. But after the election, Trump invited a broad array of tech leaders to Trump Tower and expressed a desire to work with them on innovation. In 2020, several tech leaders — including Cook — were critical of Trump's visa restrictions that would impact highly-skilled foreign workers in the industry.

Persons: —, Donald Trump, Hillary Clinton, Trump, Steve Mnuchin, Goldman Sachs, Gary Cohn, Wilbur Ross, Trump's, Elon Musk, Heather Heyer, Andrew Harnik, I've, Kenneth Frazier, Kevin Plank, 3M's Inge Thulin, Brian Krzanich, , Jim Comey, we've, Senate — Trump, Joe Biden, Tim Cook, Manuel Balce Ceneta, he'd, Jeff Bezos, Biden, Cook, Cook — Organizations: Service, White, National Economic Council, Business, Democrats, GOP, Tesla, AP, Merck, American Manufacturing Council, Policy, Trump, House, Republicans, Senate, Amtrak, Apple, Twitter, Democratic Locations: United States, Charlottesville, Va, weren't, Paris

☆ Microsoft, Khan Academy provide free AI assistant for all educators in US
▼ + stars: | 2024-05-21 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +5 min

Microsoft is partnering with tutoring organization Khan Academy to provide a generative AI assistant to all teachers in the U.S. for free. Khanmigo for Teachers, which helps teachers prepare lessons for class, is free to all educators in the U.S. as of Tuesday, with the financial support of Microsoft. Microsoft and Khan Academy are also planning to provide more AI-powered math tutoring to students through a new open-source small language model from Microsoft's Phi-3 AI technology. The relationship between the tech giant and education nonprofit will also feed back into Microsoft's Copilot AI, with more Khan Academy content added, and Khan content brought into Microsoft Teams for Education, an existing free communication app for students and teachers. Microsoft co-founder Bill Gates recently recommended Khan's new book on AI in education.

Persons: Sal Khan, Sam Altman, Greg Brockman, zeroed, Khan, Nadia, Alan Turing's, Khanmigo, Bill Gates, Gates Organizations: Microsoft, Academy, Khan Academy, CNBC, Khan, CNBC's Technology, Phi, Microsoft Teams, Education Locations: U.S

☆ Buying a dream home in Italy can be a nightmare. This couple says they have the answer
▼ + stars: | 2024-05-20 | by ( Silvia Marchetti | ) edition.cnn.com time to read: +8 min

The couple has set up a flourishing business buying properties, restyling and reselling them, ready-to-occupy, helping foreign buyers every step of the way. They hunt for old houses in historical villages in need of a makeover, which once renovated make the perfect summer getaway. The BEFORE picture: The couple find old houses in need of a makeover. The old properties the pair handles are located in small towns where centuries-old traditions survive. I really like old houses and the idea of giving them a second chance: especially when they are abandoned buildings rich with history.

Persons: you’ve, That’s, Bruno Mongiardo, Ginevra dell’Orso, ” Dell’Orso, Dell’Orso, –, ”, “, they’re, Mongiardo, ” Mongiardo, dello Organizations: CNN, Graecia, Bruno Mongiardo Southern, Locals, Foreigners Locations: Italy’s, Calabria, characterful, Isca, Italy’s Calabria, Venice, Milan, Badolato, Calabrian, Sostene, Santa

☆ Norwegian Cruise Line CEO says millennials and Gen Z are the 'fastest growing' segment
▼ + stars: | 2024-05-20 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Norwegian Cruise Line CEO Harry Sommer told CNBC's Jim Cramer on Monday that younger generations are becoming more interested in the company's offerings. "We appeal obviously to older customers, but millennial and Gen Z is the fastest-growing segment of our cruising right now," he said. "They're coming, they're enjoying it, they see the value for the money, but they also appreciate the guest experience." Shares jumped on Monday, closing up 7.56%, after Norwegian raised its full year-guidance. According to Sommer, Norwegian continues to see demand among its target customer base, "middle and upper tier income consumers."

Persons: Harry Sommer, CNBC's Jim Cramer, Sommer Organizations: Cruise Locations: Sommer , Norwegian

☆ The fraud trial of Ozy Media cofounder Carlos Watson has begun. His attorneys have argued race played a role in his indictment.
▼ + stars: | 2024-05-20 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +5 min

Read previewAttorneys began jury selection in the criminal fraud trial of Carlos Watson, the cofounder of the fallen digital media startup Ozy Media. This story is available exclusively to Business Insider subscribers. Carlos Watson is a Black man and Ozy Media was majority-owned by people of color." AdvertisementAttorneys for Watson did not immediately respond to a request for comment from Business Insider on Monday. Semafor co-founder, former New York Times columnist, and BuzzFeed News editor in chief Ben Smith and Ozy co-founder Carlos Watson.

Persons: —, Carlos Watson, Watson, Watson's, Semafor, Ben Smith, Ozy, Dia Dipasupil, Kimberly White, Marc Lasry, Laurene Powell Jobs, Ron Conway, Axel Springer, Smith, Samir Rao, Suzee Han, Goldman Sachs Organizations: Service, Ozy Media, Business, Prosecutors, Apple, Google, Vice Media, New York Times, Goldman Locations: Brooklyn , New York, Buzzfeed

☆ What the Death of Iran’s President Raisi Means for His Country, and the World - The New York Times
▼ + stars: | 2024-05-20 | by ( Reuel Marc Gerecht | Ray Takeyh | ) www.nytimes.com time to read: +2 min

Iran’s Supreme Leader Ali Khamenei has not always seen eye to eye with his country’s presidents. Mr. Raisi was a revolutionary with an ideologue’s integrity. Despite this deep experience and loyalty, it wasn’t clear that Mr. Raisi would be a suitable successor to Mr. Khamenei, a development many observers and Iranians feared. Mr. Raisi only possessed the last. But even if his ascension was uncertain, Mr. Khamenei still relied upon the cleric to help manage the coming transition: Mr. Raisi was reportedly part of a three-man committee vested with the responsibility to choose the next supreme leader.

Persons: Ali Khamenei, Akbar Hashemi, Rafsanjani, Mohammad Khatami, Mahmoud Ahmadinejad, Hassan, Ebrahim Raisi, Mr, Khamenei, Raisi Organizations: Iran’s Locations: Islamic Republic

☆ Slouching isn’t bad for your spine but may impact your memory, research says
▼ + stars: | 2024-05-19 | by ( Chris Mccarthy | ) edition.cnn.com time to read: +5 min

The Conversation —Often a posture assigned to teenagers and disaffected youth, slouching is traditionally considered to be a “bad” posture — with some claiming it will damage your spine and cause pain. But while posture is heavily overlaid with psychological meaning, is it really that bad for our spines if we slouch? There’s also no clear evidence that slouching while sitting at your desk or while using your phone causes damage to the spine. Slouching has been linked to poorer information and memory recall, as well as worse mood when compared to sitting upright. But aside from that, the evidence overwhelmingly suggests there’s no single, ideal or good posture.

Persons: slouching, —, ”, there’s, There’s, it’s, Slouching, Chris McCarthy Organizations: CNN, Manchester Metropolitan University

☆ Market sets record — Breaking down whether the bulls are in the clear or a peak is imminent
▼ + stars: | 2024-05-18 | by ( Michael Santoli | ) www.cnbc.com time to read: +7 min

You can't argue with a market making new record highs, though it's fair game to interrogate the tape about its assumptions and intentions. With the Dow Jones Industrial Average closing above 40,000 for the first time Friday and the S & P 500 settling above 5,300 after hitting a fresh all-time high Wednesday, the advice of history suggests not overthinking it. Keith Lerner, strategist at Truist, marks up a long-term S & P 500 chart to show times when it was at an all-time high. Brian Belski, strategist at BMO, last week lifted his year-end S & P 500 target to a Street-high 5,600 . And, quite remarkably, the stock market low of October 2022 occurred at an S & P 500 forward P/E above 15, with unemployment below 4% and in mid-economic expansion.

Persons: Stocks, Keith Lerner, Ned Davis, Brian Belski, Leuthold, Doug Ramsey Organizations: Treasury, Dow Jones, Dow, Ned Davis Research, Investment, Bank, Federal, BMO, Citi U.S, Vegas, Fed, Leuthold Locations: U.S

They came from all over the world to this remote stretch of Colombia’s Caribbean coast. They all wanted to be taught by Beto Gomez, a professional kite surfer, in the spot where he first learned the sport. La Guajira Peninsula is ideal for kite surfing. In Cabo de la Vela, Mr. Gomez’s hometown, with nearly 1,000 residents and desert terrain, the windy season lasts nine months and the waves are flat. So for five days this year, amateur kite surfers — drawn by Mr. Gomez’s social media and competitions broadcast online — traveled here for his classes.

Persons: Beto Gomez, la Vela, Gomez’s, — Locations: India, Switzerland, Netherlands, Seattle, Guajira, la

For a food that begins with just flour, water or sometimes eggs, there are infinite variations of pasta. So what happens when you convene a panel of five Italian cuisine experts and ask them to determine the 25 most essential pasta dishes throughout Italy? The final picks appear below in unranked alphabetical order, along with the ideal wine to drink with each pasta dish, as recommended by the chosen restaurants and reviewed by Davies’s husband, the sommelier Marco Lami. This list is the latest in our T 25 series, which highlights significant achievements in the worlds of design, literature, fashion, architecture and food. We chose pasta because it’s the food most associated with Italy, and because it’s the subject of T’s new Travel issue.

Persons: ”, Davide Palluda, Stefano Secchi, Emiko Davies, Karima Moyer, Roberta Corradin, I’d, Davies’s, Marco Lami, It’s, you’ll, della Neve, dei Fiori, Massimo Bottura’s, Maria Luigia, ” Secchi, Secchi Organizations: della Locations: Italy, Piedmont, York, Tuscany, Umbria, Florence, Sicily, Boston, Paris, Mexico City, Marche, Modena, Emilia, Romagna

☆ I grew up in Florida and used to want to live anywhere else. Now that I'm older, I wouldn't dream of leaving
▼ + stars: | 2024-05-17 | by ( Ashley Archambault | ) www.businessinsider.com time to read: +5 min

Now that I'm an adult, and I've traveled all around the state and country, I've grown to appreciate where I'm from. I spent the first 24 years of my life in Miami, and now live in a smaller Central Florida town off of the Space Coast. Although I wouldn't live in Miami again, I'll happily keep a quaint old Florida town near the beach as my forever home. Fortunately, I'd say it's really only brutally hot in Florida for three months out of the year, from July through September. Living near a beach is important to meI'm embarrassed to admit that I used to take the beach for granted.

Persons: —, I've, I'm, Alexander Spatari, Augustine, Ernest Hemingway, you've Organizations: Service, Business, Getty, Sunshine States, Disney Locations: Miami, Florida, Central Florida, snowbirds, St, America, Key West

Learn moreEven when I lived in a tiny city apartment with a galley kitchen, I wasn't willing to forgo having a stand mixer. KitchenAid Artisan Mini 3.5-Quart Tilt-Head Stand Mixer The smallest of the best KitchenAid stand mixers, this model is the perfect size and strength for occasional bakers, new cooks, and those with petite kitchens. I was trying to knead a stiff dough for hand-pulled noodles and left the stand mixer running on high for about 10 minutes, rendering my stand mixer unusable. The KitchenAid Mini is roomy enough for most baking tasks, but petite enough to fit in a cabinet for storage. As mentioned before (and in our guides to the best KitchenAid and best stand mixer), the Mini is the smallest KitchenAid model, but it's actually not the cheapest.

Persons: KitchenAid, Lauren Savoie, it's, I've, I'd, You'll, It's Organizations: Business, Shop Locations: Kansas, New York City

☆ The 'biggest lie' women are told about work—and how it can hurt their careers
▼ + stars: | 2024-05-16 | by ( Morgan Smith | ) www.cnbc.com time to read: +1 min

For decades, one question has fueled the debate over whether women can balance the demands of career and motherhood: can women "have it all"? The notion that women can have it all is the "biggest lie" working women are told that, if believed, can stunt their success, according to Bonnie Hammer, vice chairman at NBCUniversal. In her new book, "15 Lies Women Are Told at Work," Hammer explores the conflicting advice women are given regarding professional success. Having it all is a "wrong and dangerous" ideal for women to aspire to, the 73-year-old tells CNBC Make It. Women have reported higher levels of burnout than men for years, a gap that has more than doubled since 2019, Gallup reports.

Persons: Bonnie Hammer, Hammer Organizations: NBCUniversal, CNBC, Gallup

☆ Giant oddball planet has the density of fluffy cotton candy, study finds
▼ + stars: | 2024-05-16 | by ( Leah Asmelash | ) edition.cnn.com time to read: +4 min

An international coalition of astronomers has newly discovered an unusual planet, dubbed WASP-193b, that’s about 50% bigger than Jupiter and somehow still the second lightest planet ever found. Because of how small the mass signal was, it took the team four years to gather data and calculate WASP-193b’s mass, Barkaoui explained. Eventually the team discovered the planet’s mass is a measly 14% that of Jupiter, despite being so much bigger. But a bigger size means a bigger “extended atmosphere,” said study coauthor Julien de Wit, an associate professor of planetary science at MIT. “WASP-193b is an outlier of all planets discovered to date,” he said.

Persons: puffy, Kepler, Jupiters, Khalid Barkaoui, James Webb, ”, Barkaoui, Francisco Pozuelos, Julien de Wit, Wit, Stone, puffy Jupiters, it’s Organizations: CNN, James Webb Space Telescope, Massachusetts Institute of Technology, WASP, Spain’s Institute of Astrophysics, MIT Locations: Andalucia

☆ You need to see the 7 prize winners at this year's Westminster dog show
▼ + stars: | 2024-05-16 | by ( Gabbi Shaw | ) www.businessinsider.com time to read: +1 min

The 148th Westminster Kennel Club dog show concluded on Tuesday night. During the show, seven groups of various breeds each crowned a winner. AdvertisementThe Westminster Kennel Club dog show, which wrapped up in New York on Tuesday, is the country's most prestigious dog competition, and one of the world's oldest. Each year, the competitors are divided into seven groups based on their breed's traits and original purpose, such as sporting or herding. This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: 148th Westminster Kennel Club, Service, Westminster Kennel Club, Business Locations: New York

☆ Chubb is 'ideal fit' for Warren Buffett's investment style, says Deutsche Bank
▼ + stars: | 2024-05-16 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Warren Buffett's purchase of a 6.4% stake in Chubb makes perfect sense as the insurer checks all the boxes of the Oracle of Omaha's investment criteria, according to Deutsche Bank. "We believe that Chubb is an ideal fit for Warren Buffett's investment philosophy, characterized by high-quality business with strong [returns on equity], a robust economic moat, a proven track record of compounding returns, and a distinguished management team," Deutsche Bank analyst Cave Montazeri wrote in a note to clients. Buffett's Berkshire Hathaway unveiled a $6.7 billion stake in Zurich-based Chubb in a new regulatory filing, ending months of speculation over the identity of the secret stock pick. Deutsche Bank said Chubb has a disciplined approach to underwriting and capital allocation and, in the near term, should benefit from earned pricing above loss costs, strong investment income and growth in its international operations. CB ALL mountain Chubb Deutsche Bank has a buy rating on Chubb and a 12-month price target of $278, implying a 10% gain from Wednesday's close of $252.97.

Persons: Warren Buffett's, Chubb, Warren, Cave Montazeri, Berkshire Hathaway, Montazeri, — CNBC's Michael Bloom Organizations: Oracle, Deutsche Bank, Berkshire, Securities and Exchange Commission, Chubb Deutsche Bank, ISI, Alleghany Corp Locations: Zurich, U.S, Omaha, Berkshire

Here are the takeaways from Day 18 of the Trump hush money trial:A heated confrontation over a key phone callIt took several hours of cross-examination before Blanche finally turned to the evidence directly related to the case. Blanche says the texts show that at 8:04 p.m. Cohen texted Schiller the phone number of the teenager prank calling him. “Was it true for just that phone calls, or was it true for other phone calls too?”“You just said you don’t recall a phone call back in 2016. “Because these phone calls are things that I have been talking about for the last six years. There’s also the possibility, as CNN has reported, that former Cohen attorney Bob Costello could appear.

Persons: Donald Trump, Todd Blanche, Michael Cohen, Trump, Stormy Daniels, Blanche, Cohen, Keith Schiller –, Daniels, Barron, Blanche finally, Schiller, “, ”, ” Blanche, Cohen texted Schiller, Keith Schiller, ” Cohen, Keith, ” “, it’s, he’s, Darrell Scott, –, Trump’s, Jean Carroll, Blanche quizzed, Maggie Haberman –, Susan Necheles, Susan Hoffinger, Merchan, There’s, Bob Costello, Costello Organizations: CNN, Trump, Mr, White, Congress, New, New York Times, Prosecutors Locations: Trump, White, New York, summations

☆ 3 ways to tap into your retirement fund early without paying a penalty, according to a certified expert
▼ + stars: | 2024-05-16 | by ( Laila Maidan | ) www.businessinsider.com time to read: +5 min

If you're thinking about early retirement but don't have a stash of cash, one option is to tap into your retirement fund. Under certain conditions, the Internal Revenue Service will allow withdrawals from an IRA or employer-sponsored retirement account before the retirement age without penalty for certain reasons. Before tapping a 72(t)Related storiesBlackston advises his clients to seek alternative options before resorting to Rule 72(t). But you can only tap into it through your current employer-sponsored retirement account, and your employer's program must allow for it. The upside is that it doesn't drain your retirement account and could last longer.

Persons: you'll, Drew Blackston, There's, SEPP, you've, Blackston, Tapping, it's, It'll Organizations: Pearl Wealth Group, Internal, Service, IRS

☆ A former Facebook director says managers need to kill the weekly 1:1 meeting. Here's why.
▼ + stars: | 2024-05-16 | by ( Tim Paradis | ) www.businessinsider.com time to read: +4 min

Read previewA former Facebook director thinks the weekly 1:1 meeting with your manager needs a reboot. AdvertisementAgarwal suggested bosses give feedback every three to six months rather than weekly. But it's what "good" managers did," Agarwal wrote of the weekly appointments. Instead, Agarwal suggested that bosses should save themselves and their direct reports' time to focus on getting work done and making the company successful. Weekly 1:1s undermine this," he wrote.

Persons: —, Aditya Agarwal, Agarwal, He's, Facebook's, Aditya Agarwal Steven G, Rogelberg, doesn't, what's Organizations: Service, Business, South Park, University of North Locations: University of North Carolina, Charlotte

That's why we've gathered all the best Memorial Day mattress sales below. Some of the best early Memorial Day mattress deals include brands that drop prices less often, like Tempur-Pedic, Sleep Number, and Sealy. Top 5 Memorial Day mattress dealsStaff Pick Leesa Sapira Hybrid Mattress (Queen) $1,399.00 $1,999.00 Save 30% The Leesa Sapira Hybrid Mattress has great edge support and motion isolation. Shop at HelixBest Memorial Day mattress salesMemorial Day mattress sales on our top picksChoosing the right mattress is important, especially because you'll spend every night with it after buying it. These are the best mattress deals on picks from our guide to the best mattresses.

Persons: we've, Pick, iComfortECO, you'll, We've, It's Organizations: Business, Sealy, Direct, Helix

☆ 7 Unforgettable Dogs at Westminster
▼ + stars: | 2024-05-15 | by ( The Styles Desk | ) www.nytimes.com time to read: 1 min

Only one dog can win best in show at the Westminster Kennel Club Dog Show, and this year the honor went to Sage, a spectacularly coifed miniature poodle whose main-character energy was hard to ignore. But what of the dogs she defeated? Seven dogs entered the final round, each representing distinct canine groups: herding, working, hound, terrier, toy, sporting and non-sporting. (Don’t ask what “non-sporting” means; theoretically the group could just be labeled “other.”) The dogs were big and small, fast and slow, excited and phlegmatic — a dizzying range of canine pulchritude and behavior. Here’s a look at what made the seven finalists champions in their own right, and impossible to forget.

Organizations: Westminster Kennel, Sage

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