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☆ Inside 2 Texas cities where home prices are dropping, sellers are slashing asks, and buyers can get lowball offers accepted
▼ + stars: | 2024-05-19 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +6 min

Read previewAfter years of sellers calling the shots in the real-estate market, the balance may finally be tipping towards homebuyers in some US cities. But with fewer prospective buyers in the market for homes, home prices are now declining in several cities across the US. Related storiesThe trend, has led many sellers to lower their prices — though prices still remain significantly higher than a decade ago. As homes linger on the market, sellers are reducing their prices to draw buyers, she added. "It's definitely a buyers' market right now," Boatright said.

Persons: —, Nicole Marburger, Austin, Marburger, homebuyers, Sellers, San Antonio —, Mercy, Boatright, I've Organizations: Service, homebuyers, Business, National Association of Realtors, Lone Star State, Austin, Austin and New Braunfels, Real, Hunters Locations: United States, San Antonio, New Braunfels, — New Braunfels, Austin, Austin and New, Texas, Braunfels, homebuyers

☆ Dell to start handing out red flags to staff who don't come to the office enough, and some employees feel 'tracked like kindergarteners'
▼ + stars: | 2024-05-15 | by ( Polly Thompson | ) www.businessinsider.com time to read: +8 min

Dell started monitoring attendance on May 6 and will make the data visible on each hybrid employee's profile on HR platform Workday this week. Dell's memo states: "As the next step in implementing our Hybrid Work Policy, we will track onsite presence using badge swipes for hybrid-designated team members." The color by their name will be considered for performance evaluations, rewards, and compensation, Dell told employees. Staff who opted to remain remote during the company's overhaul of its hybrid work policy, which was first announced in February, will not be monitored. AdvertisementDell's HQ in Round Rock Texas, where staff attendance will be monitored.

Persons: —, Michael Dell, Dell, Brandon Bell Organizations: Service, Business, Dell, Dell Technologies, Staff, BI, Google, Deutsche Bank Locations: Round Rock

☆ Home prices are falling in parts of Florida and Texas as buyers tap out and supply outpaces demand
▼ + stars: | 2024-05-09 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

Home prices are falling in parts of Florida and Texas even as they soar nationally. Sale prices only dropped in 15 of 221 metro areas last quarter, and five were in those states. High prices, steeper mortgage rates, and supply catching up with demand help explain the declines. AdvertisementHome prices are falling in parts of Florida and Texas as buyers tap out and supply catches up with demand. AdvertisementThe takeaway is that a combination of sky-high prices, steeper mortgage rates and other costs like insurance squeezing buyers' budgets, and supply catching up with demand has resulted in prices flatlining or falling in parts of Florida and Texas, bucking the national trend.

Persons: —, Fort Myers, Redfin, Coral Organizations: Service, National Association of Realtors, Fort, Fort Walton, Austin, Rock, NAR, Panama City, Homeowners, Federal Locations: Florida, Texas, Panama City, Crestview, Fort, San Antonio, New Braunfels, Lac , Wisconsin, Illinois, Kankakee, Rockford, Champaign, Urbana, Austin, Panama

☆ Apple's record $110 billion stock buyback is bigger than Boeing, Airbnb, and Chipotle
▼ + stars: | 2024-05-03 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Apple just launched a $110 billion stock buyback program, the biggest in history. Apple's new stock buyback program is more than the value of Boeing, Airbnb, and Chipotle. AdvertisementApple just launched a $110 billion stock buyback, the biggest in stock market history. Since then, the company's stock buyback programs have reduced its total share count to 15.44 billion, and at current prices, this stock buyback program would retire an additional 600 million shares. To put in perspective just how big Apple's stock buyback program is, consider these companies that have a total market value of less than $110 billion.

Persons: —, Apple, Dan Ives, Corey Lever, Eric Risberg, Chipotle, Gregory, Brandon Bell, Airbnb, ROSLAN RAHMAN Organizations: Apple, Boeing, Service, Greater, Waste, AP, Portland Press, Getty, Dell Technologies Dell, DELL Locations: Greater China, Oakland, Calif, , Texas

☆ Dell workers can stay remote — but they're not going to get promoted
▼ + stars: | 2024-03-16 | by ( Polly Thompson | ) www.businessinsider.com time to read: +9 min

AdvertisementUnder the new policy, staff were told that from May almost all will be classified as either "hybrid," or "remote." Dell told BI in a statement that "in-person connections paired with a flexible approach are critical to drive innovation and value differentiation." The Dell worker lives about a 45-minute drive from the nearest office and works 10-hour shifts four days a week. AdvertisementAnother Dell worker told BI: "I would support that if I actually had team members that were local and would actually go on-site. Period," the senior Dell worker agreed.

Persons: —, Dell, Dell who's, Michael Dell's, CRN, Michael Dell, Cary Cooper, Cooper, There's, Brandon Bell, there's Organizations: Service, Dell, BI, Dell . Dell Technologies, Dell Technologies, National Forum for Health, Getty, Employees, Workers, SEC Locations: Round Rock, United States, Dell, Germany

☆ The Austin housing market just won't quit. It's an example of what's happening nationwide despite high prices and interest rates.
▼ + stars: | 2024-03-02 | by ( Cork Gaines | ) www.businessinsider.com time to read: +5 min

Austin's housing market is heating up again, despite recent forecasts that it would tank. Nationwide forecasts now predict a rise in home prices, despite still-high interest rates. AdvertisementJust when some people thought the Austin, Texas, housing market was going to crash, it's starting to heat up again. This sudden surge in Austin housing sales is a bit surprising. Despite high prices and interest rates, homebuyers are determinedIn 2022, Nicholas Gerli, the CEO of real estate data analytics firm Reventure Consulting, named Austin the No.

Persons: —, Austin isn't, Nicholas Gerli, Austin, Realtor.com, George Rose, Fannie Mae Organizations: Nationwide, Service, Business, Realty Austin, Reventure Consulting, National Association of Realtors, NAR, Federal Reserve Bank Locations: Austin , Texas, Austin

☆ These are the best—and worst—U.S. metro areas for first-time homebuyers
▼ + stars: | 2024-02-19 | by ( Celia Fernandez | ) www.cnbc.com time to read: +4 min

Creditnews ranked the10 best and 10 worst U.S. metro areas for first-time homebuyers in 2024. Creditnews Research analyzed America's 50 largest metro areas to find the best and worst housing markets for first-time buyers. The best metro area for first-time buyers: PittsburghPittsburgh is the No. 2 best metro area for first-time buyers, according to Creditnews. 10 worst metro areas for first-time homebuyers: San JoseThe San Jose-Sunnyvale-Santa Clara metro area was ranked the worst for first-time buyers in 2024.

Persons: Creditnews, Motley, Sir Francis Canker, Austin, Martin Vargas, Jose Organizations: Pittsburgh Pittsburgh, Hoover, AL Jacksonville, FL New, Fort, West Palm Beach , FL Dallas, Austin, U.S . Austin, , Texas, Fortune, Jose, eBay, PayPal, Jose , CA San, San Bernardino -, CA San, Hillsboro , WA Salt Lake, UT, San Diego Locations: U.S, Pittsburgh, Pennsylvania, Austin, , TX, Antonio, New Braunfels , TX Birmingham, AL, FL, FL New Orleans, Metairie , LA Miami, Fort Lauderdale, West Palm Beach ,, Fort Worth - Arlington , TX Cleveland, Elyria ,, Raleigh, NC, The Texas, ,, Texas, San Jose, Sunnyvale, Santa Clara, San Francisco, Silicon Valley, Jose , CA, Jose , CA San Diego, Carlsbad, CA Los Angeles, Long, Anaheim , CA Denver, Aurora, Lakewood, Riverside, San Bernardino, San Bernardino - Ontario, CA, CA San Francisco, Oakland, Hayward , CA, Warwick , RI Sacramento, Roseville, Arden, CA Portland, Vancouver, Hillsboro , WA Salt, Hillsboro , WA Salt Lake City, San Diego, Carlsbad , California, Los Angeles, San Diego , California

☆ 11 US cities with the best mix of jobs, pay, and affordability
▼ + stars: | 2024-02-07 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +7 min

Raleigh and Boise also placed high for large cities, while Idaho Falls ranked first for small cities. Per the rankings, only 11 large cities and seven small cities were classified as Tier 1, placing high among many metrics. Big cities also saw their tech sectors grow much faster than small cities. Philadelphia jumped 130 places between 2023 and 2024 in the large cities list, while Manhattan, Kansas, rose 160 places for small cities. AdvertisementFour of the top seven small cities were in Idaho, exemplified by Coeur d'Alene, Twin Falls, and Pocatello.

Persons: Austin, —, Milken, hasn't, Richmond , Virginia —, Paso Robles, El Centro Organizations: Milken Institute, Raleigh, Idaho Falls, Service, Boise, Bureau of Labor Statistics, Idaho National Laboratory, Obispo Locations: Boise, Austin, Raleigh, Los Angeles, Long, Glendale and New York, Jersey, White, Sunbelt, Provo, Orem, Utah, Salt Lake City, Elgin , Illinois, Houston, , Texas, Richmond , Virginia, Charleston, North Charleston, South Carolina, Philadelphia, Manhattan , Kansas, Wichita, Lawrence, Kansas, Idaho, Coeur d'Alene, Twin Falls, Pocatello . Idaho, California, San Luis, Arroyo Grande, Modesto, El

☆ 36-year-old quit her job to write novels—how she and her husband are making it work on one salary
▼ + stars: | 2024-01-28 | by ( Ryan Ermey | ) www.cnbc.com time to read: +2 min

Soon after they got married in 2022, Heather MacLean and Scott Kyrish decided they needed a financial advisor. "We were both making good money, and we realized we were just putting it in savings," says MacLean. "It didn't take long before Jay started trying to convince me to quit my job," MacLean says. She was making about $52,000 a year and her husband had recently received a salary bump from about $65,000 to about $80,000. "I remembered how much I loved it and thought, 'Maybe I'll give this a shot and see if it can turn into something,'" MacLean says.

Persons: Heather MacLean, Scott Kyrish, MacLean, Kyrish, How's, Jay Zigmont, Zigmont, Jay, NaNoWriMo, She's Locations: Rock , Texas, Hale Harbor

☆ How Tunnel Girl's DIY storm shelter took over TikTok — then turned people against her
▼ + stars: | 2024-01-04 | by ( Sirena Bergman | ) www.businessinsider.com time to read: +9 min

By August 2023, Kala referred to her project as an "underground tunnel system." They did not comment further regarding whether the home in question was linked to the TikTok account. However, FOX5 reported receiving a tip identifying the home, which two residents confirmed matched the property in Kala's videos. But on December 30, Bogado posted a TikTok video disputing this account. When contacted via TikTok direct message, Kala declined to comment for this article.

Persons: —, Kala, TikTokers, it's, she'd, FOX5, Bogado, who's, Kala's, Derek Organizations: Service, Business, NBC News, FOX, The Center, Investigative, NBC, BI Locations: Washington, DC, Herndon , Virginia, Herndon, Kala's, Central America

CHANNELVIEW, Texas — For nearly 20 years, Texas environmental regulators have kept a disturbing secret. AdvertisementTexas Community Health News; Texas Commission on Environmental Quality"Any exposure to a carcinogen increases your risk of developing cancer. AdvertisementTim Doty, a former TCEQ mobile air monitoring expert, at the industrial edge of River Terrace Park in Channelview, Texas. In fact, the agency rarely fines companies that violate Texas air pollution laws. Mark FelixHoneycutt's toxicology division soon took an even more dramatic step to weaken Texas' benzene guidelines.

Persons: Loren Hopkins, Hopkins, Mark Felix, TCEQ, AirToxScreen, AirToxScreen Harris County Attorney Christian Menefee, Menefee, Tim Doty, Doty, Solv, He'd, Glenn Shankle, Kelly Keel, Todd Riddle, Riddle, Lopez, Joe Lopez, Dora, Joel Lopez, Randy Lopez, It's, Joel, Felix Benzene, wildcatters, Houston —, Forbes, Lorenzo de Zavala, Alison Cohen, Cohen, Tim Doty's, Houston Mayor Bill White, Shankle, Michael Honeycutt, Valerie Meyers, Meyers, Mark Felix Meyers, Richard Hyde, John Sadlier, Ryder, Hyde, hadn't, Russell Allen, Matt Baker, Jacintoport, Cloelle Danforth, Public Health Watch —, Danforth, Mark Felix Honeycutt's, Eric Schaeffer, Schaeffer, Honeycutt, Jim Tarr, polluters, upended, Mark Felix Fracking, Barnett, Glenn Shankle —, —, Rick Perry, Perry, Sadlier, David Bower, misstep, Baker, Bower, Michael Burgess, Greg Abbott, Abbott, Mark Felix Meanwhile, Randy, That's, Carolyn Stone, Stone, Carolyn Stone's, Mark Felix The, Cynthia Benson, Benson, Mark Felix Tim Doty, Mark Felix K, Jordan Gass Organizations: Public Health Watch, Texas Commission, Environmental, American Petroleum Institute, Oceanic, Atmospheric Administration, U.S . Navy, Geospatial - Intelligence Agency, General, Health, Public Health, Rice University, Environmental Protection Agency, Texas Community Health, AirToxScreen Harris County Attorney, polluters, Mark Felix Public Health, TCEQ, Solv, Mark Felix Public Health Watch, myelodysplasia, Houston, Oil, Gas Watch, Texas, Houston Ship, University of California, Houston Mayor, ., . Texas Community Health, NASA, Exxon Mobil, Public, Watch, Environmental Defense Fund, Management, Civil, Air Alliance Houston, Republican, Fort, United, Texas toxicologist, EPA, Texas Tribune, Google, Land Office, . Geological Survey, National Oceanic, Firefighters, U.S . Occupational Safety, Health Administration, Channelview, Improvement Coalition, Health Watch, San Jacinto, K, Texas Legislature, Solv Group, Services Locations: , Texas, Texas, Houston, Channelview's Jacintoport, San Jacinto, California, Jacintoport, Channelview , Texas, AirToxScreen Harris County, Channelview, Harris County, United States, North Channelview, Gulf, Terrace, Joel's, Houston , Texas, Spindletop, Mexico, Republic of Texas, Port of Houston, San Francisco, . Texas, That's, polluters, lacquers, Dallas, Fort Worth, Fort Worth City, Austin, Round, Minnesota, Galveston, U.S

☆ Take a look at a new 28-unit tiny home community near Austin where rent for a 2-bedroom is $1,375 a month
▼ + stars: | 2023-10-19 | by ( Brittany Chang | ) www.businessinsider.com time to read: +1 min

A 28-unit tiny home community is now open near Austin, Texas with a monthly rent of $1,375. Tiny homes are increasingly used as an alternative to traditional housing. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAdvertisementA city about 20 minutes north of Austin, Texas opened a new tiny home community in June. But unlike some of the pricey ones that have recently popped up , rent for these 28 units is capped at $1,375 a month.

Persons: —, Austin Organizations: Service, Apple Locations: Austin , Texas, , Texas

☆ Rangers blank Blue Jays for 10-run rout
▼ + stars: | 2023-09-14 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

September 14 - Nathaniel Lowe and Mitch Garver hit three-run homers, left-hander Jordan Montgomery pitched seven scoreless innings and the visiting Texas Rangers defeated the Toronto Blue Jays 10-0 Wednesday night. Jonah Heim had an RBI single for the Rangers and has seven RBIs in the series. The Rangers (81-64) moved 1 1/2 games ahead of the Blue Jays (80-66) in the American League wild card race. The Rangers scored two more runs in the fifth. Lowe singled with one out, took second on pinch hitter Josh H. Smith's two-out single and scored on Evan Carter's single.

Persons: Nathaniel Lowe, Mitch Garver, Jordan Montgomery, Robbie Grossman, Jonah Heim, Yusei Kikuchi, Corey Seager, Grossman, Heim, Lowe, Seager, Bowden Francis, Josh H, Evan Carter's, Smith, Martin Perez, Garver, Chad Green, Ian Kennedy, Max Scherzer, Jonathan Hernandez Organizations: Texas Rangers, Toronto Blue Jays, Rangers, The Rangers, Blue Jays, American League, Texas, Montgomery, Triple, Thomson Locations: . Texas, Texas . Texas, Toronto

☆ ‘Friends’ and ‘Seinfeld’ knew the cure for loneliness
▼ + stars: | 2023-09-06 | by ( Eliza Relman | ) www.businessinsider.com time to read: +15 min

Racial and class segregation have also long shaped and limited access to public places. "The fundamental rule of public space is that what attracts people most is other people." So it's counterproductive to stop responsible drinkers from enjoying themselves in parks, at street fairs, and in other public places. There are an average of eight public toilets for every 100,000 people in the US, but access to facilities varies widely. By contrast, countries like the UK and Switzerland have many more public toilets per capita.

Persons: Sara Hoy, Hoy, she'd, I've, Erin Boyd, Culdesac, We're, —, Severance, Vivek Murthy, millennials, Sen, Chris Murphy, Murphy, Tina Smith, Smith, Leslie Kern, Kern, Mitchell Reardon, Reardon, Eid, Kristen Ghodsee, who's, Ghodsee Organizations: Central Pennsylvania, Peace Corps, today's, Seneca Village, Dodger, Connecticut Democrat, Minnesota Democrat, Soho House, Social, Centers for Disease Control, East European Studies, University of Pennsylvania, National Association of Realtors Locations: Central, Moldova, Korea, Sweden, Phoenix, Arizona, New York, Seneca, Washington, Rock Creek, Los Angeles, Connecticut, America's, Wethersfield , Connecticut, Minnesota, Soho, America, Seattle, York City, Rochester , Minnesota, Europe, Germany, It's, Switzerland, Homebuyers, Houston, Austin

☆ Stocks making the biggest moves premarket: Dell, MongoDB, Lululemon and more
▼ + stars: | 2023-09-01 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

A Dell Technologies flag outside the company headquarters in Round Rock, Texas, US, on Monday, Feb. 6, 2023. Check out the companies making headlines before the bell:Dell Technologies — Dell Technologies surged 10.5% after exceeding analysts' second-quarter expectations. MongoDB — MongoDB advanced 5% after topping Wall Street expectations in its latest quarter. Lululemon Athletica — Shares added 2.3% in premarket trading after the athletic apparel retailer reported an earnings beat. VMware gave a mixed second-quarter report on Thursday, beating expectations for earnings per share while missing on revenue.

Persons: Refinitiv, Morgan Stanley, Dell, Lululemon, Roz Brewer, — CNBC's Michelle Fox, Alex Harring, Jesse Pound, Samantha Subin Organizations: Dell Technologies, Revenue, Walgreens, Alliance, Vale, JPMorgan, VMware, Broadcom, Broadcom — Locations: Round Rock , Texas

☆ Dell raises full-year forecasts on AI strength, demand recovery
▼ + stars: | 2023-08-31 | by ( Zaheer Kachwala | ) www.reuters.com time to read: +2 min

The logo for Dell Technologies Inc. is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 10, 2019. REUTERS/Brendan McDermid Acquire Licensing RightsAug 31 (Reuters) - Dell Technologies (DELL.N) raised its full-year forecast for revenue and profit on Thursday, as it benefited from the artificial intelligence (AI) boom and stabilizing demand for computer hardware and server products after a months-long slump. "AI is already showing it's a long-term tailwind, with continued demand growth across our portfolio," Chief Operating Officer Jeff Clarke said. The company forecast third-quarter revenue between $22.5 billion and $23.5 billion beating analysts' estimates of $21.67 billion, according to Refinitiv data. Dell reported second quarter revenue and EPS above analyst estimates.

Persons: Brendan McDermid, Jeff Clarke, Dell, Mikako Kitagawa, Zaheer Kachwala, Shailesh Organizations: Dell Technologies Inc, New York Stock Exchange, REUTERS, Dell Technologies, Cisco, Nvidia, Big Tech, Dell, Revenue, Gartner, HP Inc, Thomson Locations: New York, U.S, , Texas, China, Bengaluru

☆ Dell beats quarterly revenue estimates on AI strength, demand recovery
▼ + stars: | 2023-08-31 | by ( ) www.reuters.com time to read: +2 min

The logo for Dell Technologies Inc. is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 10, 2019. REUTERS/Brendan McDermid Acquire Licensing RightsAug 31 (Reuters) - Dell Technologies (DELL.N) beat quarterly revenue expectations on Thursday, as it benefited from the artificial intelligence (AI) boom and stabilizing demand for computer hardware and server products after a months-long slump. Servers and networking revenue for the second quarter came in at $4.27 billion, up 11% from the first quarter, driven by higher demand for AI-optimized servers, Dell said. The personal computer maker reported revenue of $22.93 billion for the quarter ended Aug. 4, compared with estimates of $20.85 billion, according to Refinitiv data. Its infrastructure solutions group which includes servers, storage devices and networking hardware, reported revenue of $8.46 billion, up 11% sequentially.

Persons: Brendan McDermid, Dell, Jeff Clarke, Clarke, Zaheer Kachwala, Shailesh Organizations: Dell Technologies Inc, New York Stock Exchange, REUTERS, Dell Technologies, Cisco, Nvidia, Big Tech, Revenue, HP Inc, Thomson Locations: New York, U.S, , Texas, China, Bengaluru

☆ Australian court fines Dell unit $6.5 million for misleading customers on discounts
▼ + stars: | 2023-08-14 | by ( ) www.cnbc.com time to read: +1 min

A Dell Technologies flag outside the company headquarters in Round Rock, Texas, US, on Monday, Feb. 6, 2023. Australia's Federal Court on Monday ordered Dell Technologies local unit to pay $10 million Australian dollars ($6.46 million) in penalties for making misleading representations on its website about discounts for add-on computer monitors. In a legal action brought by the country's competition regulator, Dell Australia was found guilty by the Federal Court in June to have misled customers about the prices or discounts on add-on monitors on its website. "This outcome sends a strong message to businesses that making false representations about prices or inflating discounts is a serious breach of consumer law and will attract substantial penalties," said Liza Carver, commissioner of the Australian Competition and Consumer Commission. Dell Australia, which sold more than 5,300 add-on monitors with overstated discounts between Aug. 2019 and Dec. 16, 2021, will be working "with impacted customers to provide appropriate refunds plus interest and are taking steps to improve our pricing processes to ensure this sort of error does not happen again," a spokesperson for Dell Australia said in a statement to Reuters.

Persons: Liza Carver Organizations: Dell Technologies, Monday, Dell, Federal Court, Australian Competition, Consumer Commission, Dell Australia Locations: Round Rock , Texas, Australia's, Dell Australia

☆ Sarajevo Film Festival opens with tribute to music and movies in times of war
▼ + stars: | 2023-08-12 | by ( Daria Sito-Sucic | ) www.reuters.com time to read: +2 min

The Sarajevo Film Festival, which was founded towards the end of the Bosnian war by a group of film enthusiasts, has become southeastern Europe's largest such event, showcasing 235 films this year. After the end of the Bosnian war, in 1997, U2 staged a huge concert in Sarajevo, which Bono ended by urging the crowd to "Kiss the Future". "Culture was one of the main things that gave us the power to survive that period," said Mirsad Purivatra, a founder of both the wartime cinema and the Sarajevo Film Festival. He described how people would pack into the basement to attend cultural events and meet friends, rushing home before curfew. Images of filmgoers and the underground rock shows by photographer Milomir Kovacevic Strasni are being displayed for an exhibition taking place to mark the 30th anniversary of the Apollo wartime cinema as part of the film festival.

Persons: Dado, Bono, Matt Damon, Ben Affleck, Mirsad Purivatra, Milomir Kovacevic, Daria Sito, Helen Popper Our Organizations: Sarajevo Film, Cinema, Hollywood, Academy of Performing Arts, Apollo, Reuters, Thomson Locations: Sarajevo, Bosnia, Herzegovina, SARAJEVO, Bosnian

☆ 11 U.S. cities where rent has fallen the most—a pandemic migration hot spot is No. 1
▼ + stars: | 2023-07-11 | by ( Mike Winters | ) www.cnbc.com time to read: +2 min

Median rent prices in these cities dropped by 0.5% in the last year, according to an analysis by Realtor.com. For renters, the decrease is a much-needed break after rent prices soared by nearly 25% from 2020 through most of 2021. This, alongside a growing number of newly constructed apartments, has likely driven down rent prices, the study says. At the same time, rent costs have steadily risen in many major Midwest and Northeast cities. In Columbus, Ohio, rent prices grew by 9.3% — the highest increase of all cities.

Persons: Warren Buffett Organizations: Riverside, San Bernardino -, Austin, Dallas, Fort Locations: Austin, Las Vegas, Phoenix, Vegas, San Bernardino, San Bernardino - Ontario, California, Georgetown , Texas, Francisco Bay, Tampa, St, Petersburg, Clearwater , Florida, Fort Worth - Arlington , Texas, Charlotte, North Carolina, Sacramento , California, Atlanta, Denver, Midwest, Northeast, Columbus , Ohio, New York City, Pittsburgh, Boston, Buffalo , New York, Hartford , Connecticut, New Orleans, Providence , Rhode Island, Rochester , New York

☆ Austin, home to Elon Musk's Tesla, is the best city to start your career, a study has found. See the top 5.
▼ + stars: | 2023-06-29 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Financial services company Bankrate ranked the best and worst cities for young professionals. Austin, Texas, took the top spot and ranked highly for year-on-year job growth. Bankrate, a financial services company, put together a list of the best and worst cities for professionals who are just starting out. The city is known as "Silicon Hills" and serves as a base for major companies such as Elon Musk's Tesla. Some of the worst cities to launch a career were Birmingham, Memphis, and New Orleans, the study found.

Persons: —, Alex Gailey, Austin, Elon Musk's Tesla, Musk, Franklin Nashville , Tennessee Michael Warren, Cary, DANIEL SLIM, Bellevue Seattle , Washington spotmatik Organizations: Financial, Bankrate, Service, Elon, Birmingham, Nashville, Davidson, Franklin, Getty, Raleigh, Austin, Georgetown Locations: Austin , Texas, Texas, California, Memphis, New Orleans, Murfreesboro, Franklin Nashville , Tennessee, Cary Raleigh , North Carolina, Salt Lake City Salt Lake City , Utah, AFP, Seattle, Tacoma, Bellevue Seattle , Washington

☆ Part of the secret to Austin's thriving clean-tech startup scene: mentorship
▼ + stars: | 2023-06-13 | by ( Tim Paradis | ) www.businessinsider.com time to read: +6 min

Austin, Texas, is home to a number of clean-tech startups. Austin's clean-tech scene isn't only composed of household names. But why do so many clean tech companies call Austin home? That's poised to help clean-tech companies, according to recruiters, venture capitalists, and those who have shifted to working for green companies. Taylor, who's lived in Austin for 38 years, has been part of the Austin startup scene since 1991.

Persons: —, Rebecca Taylor, Taylor, Austin, HolonIQ, Teague Egan, Larry Fink, Egan, Elon Musk, There's, who's, It's Organizations: Service, Austin Technology, ATI, University of Texas, Motors, EV, Blackrock, Giga, Southwest Festival, Computing, Dell, Apple, Microsoft Locations: Austin, Texas, Washington, Tesla, California, Giga Texas, Round, Taylor

☆ Investors are eyeing China's neighbors as the recovery from 'zero-Covid' slows
▼ + stars: | 2023-06-12 | by ( Jihye Lee | ) www.cnbc.com time to read: +8 min

Bloomberg | Bloomberg | Getty ImagesChina's lackluster economic recovery since emerging from strict "zero-Covid" lockdowns has caused weaker sentiment toward the country, prompting investors to look for alternative options — like its near neighbors. Higher targets for JapanForeign investors have undoubtedly been key in driving the Japanese market, maintaining the highest levels the Nikkei has seen since 1990. During the same period last year, foreign investors had sold a net 1.73 trillion yen approximately. Wall Street banks including Morgan Stanley and Societe Generale are among those that are optimistic on Japanese stocks, holding "overweight" positions. Upside for Korea tech stocksSouth Korea is another market closely watched as concerns over China's recovery linger.

Persons: Goldman, Andrew Tilton, Berkshire Hathaway's Warren Buffett, India's, Goldman Sachs, Tilton, Morgan Stanley, ROE, Mike Wilson, we've, Price, Goldman's Tilton, Rhee Chang, Nomura, Chloe Andrieu, Pranjul Bhandari, Bhandari Organizations: Bloomberg, Getty, Asia, Pacific, Japan Foreign, Nikkei, Japan's Ministry of Finance, Societe Generale, Equity, U.S, UBS Global Wealth, U.S ., UBS, The Bank of, CNBC, Citi, AFP, Afp, Korea Financial Investment Association, South Korean, Fitch, Ben Advisors Locations: Macau, China, Japan, South Korea, India, Goldman Sachs, Berkshire, South, Shanghai, Shenzhen, Wall, Korea, Asia, The Bank of Korea, Fuyang, China's, Anhui, Indonesia

☆ 51 US cities expected to see the highest home price increases and 5 at risk of falling in the next 12 months — plus where mortgage rates could be by year-end — according to a housing economist
▼ + stars: | 2023-06-11 | by ( Laila Maidan | ) www.businessinsider.com time to read: +7 min

Areas that saw price declines during the pandemic are expected to make a comeback. Metropolitan areas including Anaheim, Seattle, and Sacramento top the list. In April, prices for single-family homes rose by 2% year-over-year and 1.2% from the previous month, according to CoreLogic's Home Price Index. Below is a list of 51 metropolitan areas expected to see the most home prices increase in the next 12 months, beginning from the highest to the lowest. The CoreLogic HPIFinally, while mortgage rates can be difficult to predict, Hepp believes we have likely peaked for the year.

Persons: Selma, it's, Selma Hepp, Hepp, Louis Organizations: CoreLogic, Irvine CA Metropolitan, Everett WA Metropolitan Division, Arcade, Statistical, Oakland, Berkeley CA Metropolitan, Metropolitan Statistical, Riverside, Jacksonville FL, Vegas, Paradise, Clearwater FL, Newark, Sanford FL, Angeles, Glendale CA Metropolitan, Palm Beach, Boca Raton, Delray Beach FL, Cambridge, Suffolk County NY Metropolitan, Towson, Metropolitan, Fort Lauderdale, Boston, Scottsdale, Scottsdale AZ Metropolitan Statistical, Miami, Kendall FL Metropolitan, Alexandria DC, Bloomington, Franklin TN Metropolitan, Virginia, Newport News, Livonia MI, Gastonia NC, SC Metropolitan, West Allis WI Metropolitan, Philadelphia PA Metropolitan, Kansas City, KS Metropolitan, Providence, Richmond VA Metropolitan, Cincinnati, Pittsburgh PA, Oklahoma City, Cleveland, Elyria, NJ, Columbus OH, Houston, Indianapolis, Arlington TX Metropolitan, Dallas, Irving TX Metropolitan Locations: Selma Hepp, Anaheim, Seattle, Sacramento, West Coast, Metropolitan, Santa Ana, Irvine, Bellevue, Roseville, Hayward, Berkeley, Portland, Vancouver, Hillsboro, San Bernardino, Ontario, Diego, Carlsbad CA, Denver, Aurora, Lakewood, Henderson, Tampa, St, Petersburg, Clearwater, Newark NJ, Orlando, Kissimmee, Sanford, Long, Glendale CA, Palm, Delray Beach, Newton, Framingham, Nassau County, Suffolk, Baltimore, Columbia, Pompano Beach, Deerfield Beach FL, Mesa, Scottsdale AZ, Miami, Kendall, Montgomery County, Bucks County, Chester County, Washington, Arlington, Alexandria, Sandy Springs, Roswell, Minneapolis, Paul, WI, Murfreesboro, Virginia Beach, Norfolk, Detroit, Dearborn, Livonia, Charlotte, Concord, Gastonia, Milwaukee, Waukesha, Warwick, Chicago, Naperville, Arlington Heights IL, Troy, Farmington Hills MI, Antonio, New Braunfels TX, York, Jersey, White Plains, Carmel, Worth, Plano

☆ 51 US cities expected to see the highest home-price increases and 5 at risk of falling in the next 12 months — plus where mortgage rates could be by year-end — according to a housing economist
▼ + stars: | 2023-06-11 | by ( Laila Maidan | ) www.businessinsider.com time to read: +7 min

The economist Selma Hepp says home prices in some areas are rising because of limited inventory. The US housing market started off on a solid footing this year as home prices rose. In April, prices for single-family homes rose by 2% year-over-year and 1.2% from the previous month, according to CoreLogic's Home Price Index. Below is a list of 51 metropolitan areas expected to see the most home-price increases in the next 12 months, from the highest to the lowest. The CoreLogic HPIFinally, while mortgage rates can be difficult to predict, Hepp said that we had likely peaked for the year.

Persons: Selma Hepp, it's, Hepp, CoreLogic's, Louis, CoreLogic Organizations: Irvine CA Metropolitan, Everett WA Metropolitan Division, Arcade, Statistical, Oakland, Berkeley CA Metropolitan, Metropolitan Statistical, Riverside, Jacksonville FL, Vegas, Paradise, Clearwater FL, Newark, Sanford FL, Angeles, Glendale CA Metropolitan, Palm Beach, Boca Raton, Delray Beach FL, Cambridge, Suffolk County NY Metropolitan, Towson, Metropolitan, Fort Lauderdale, Boston, Scottsdale, Scottsdale AZ Metropolitan Statistical, Miami, Kendall FL Metropolitan, Alexandria DC, Bloomington, Franklin TN Metropolitan, Virginia, Newport News, Livonia MI, Gastonia NC, SC Metropolitan, West Allis WI Metropolitan, Philadelphia PA Metropolitan, Kansas City, KS Metropolitan, Providence, Richmond VA Metropolitan, Cincinnati, Pittsburgh PA, Oklahoma City, Cleveland, Elyria, NJ, Columbus OH, Houston, Indianapolis, Arlington TX Metropolitan, Dallas, Irving TX Metropolitan Locations: Anaheim , California, Seattle, Sacramento , California, West Coast, Metropolitan, Anaheim, Santa Ana, Irvine, Bellevue, Sacramento, Roseville, Hayward, Berkeley, Portland, Vancouver, Hillsboro, San Bernardino, Ontario, Diego, Carlsbad CA, Denver, Aurora, Lakewood, Henderson, Tampa, St, Petersburg, Clearwater, Newark NJ, Orlando, Kissimmee, Sanford, Long, Glendale CA, Palm, Delray Beach, Newton, Framingham, Nassau County, Suffolk, Baltimore, Columbia, Pompano Beach, Deerfield Beach FL, Mesa, Scottsdale AZ, Miami, Kendall, Montgomery County, Bucks County, Chester County, Washington, Arlington, Alexandria, Sandy Springs, Roswell, Minneapolis, Paul, WI, Murfreesboro, Virginia Beach, Norfolk, Detroit, Dearborn, Livonia, Charlotte, Concord, Gastonia, Milwaukee, Waukesha, Warwick, Chicago, Naperville, Arlington Heights IL, Troy, Farmington Hills MI, Antonio, New Braunfels TX, York, Jersey, White Plains, Carmel, Worth, Plano

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