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This story is available exclusively to Business Insider subscribers. "I don't think there's any place where we are seeing significant price reductions," Realtor.com data journalist Evan Wyloge told Business Insider. "A lot of this list has to do with the baked-in affordability for some of these places." Not a single West Coast city cracked the top ten — simply because there are no affordable pockets out West, Wyloge said. Realtor.com scoured the US to find the most affordable cities and ranked them by how many listings they had under $200,000 — excluding land, mobile homes, and cities with less than 100 listings.
Persons: , Evan Wyloge, Wyloge, Hannah Jones, It's Organizations: Service, Business, National Association of Realtors Locations: Florida, Lauderdale, Lauderhill, Fort Lauderdale
Read previewOver the last few years, many US workers have found themselves traveling farther to get to work but going into the office less often, thanks to hybrid work models. Business Insider spoke with three commuters who have traveled through multiple states to get to work each week. Flying to Michigan weekly for work gave this New Yorker the best of both worldsMiller on the University of Michigan football field. AdvertisementLiving in the Delaware suburbs on an NYC salary made this four-state commute worth itKyle Rice. Courtesy of Kyle RiceKyle Rice started traveling from Wilmington, Delaware, to NYC every morning for work in February.
Persons: , Miller, Susan Miller, Kyle Rice, Kyle Rice Kyle Rice, Rice, I'd, Mercier, Malick Mercier, Manseen Logan Organizations: Service, Business, Yorker, University of Michigan, University of Michigan Ross School of Business, Amtrak, BI, New York, Los Angeles International Airport Locations: Michigan, New York City, Ann Arbor , Michigan, New, City, Delaware, Wilmington , Delaware, Wilmington, Newark , New Jersey, Newark, LA, New York, Los Angeles, mlogan@businessinsider.com
Some US cities offer cash incentives to attract new residents, who are often remote workers. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementMany Americans are leaving larger cities and states, especially on the coasts, for smaller spots across the US. This story is available exclusively to Business Insider subscribers.
Persons: Organizations: Service, Business Locations: Midwest, California
Where patients traveled for abortions Number of patients 10,000 1,000 100 2023 171,300 patients traveled Alaska Wash. N.D. Hawaii Minn. Ore. N.Y . Number of patients 10,000 1,000 100 2023 171,300 patients traveled 2019 73,100 patients traveled Alaska Alaska Wash. Wash. Maine Mont. An exodus from Texas 10,000 1,000 100 Number of patients 2023 35,500 Texas patients traveled Wash. N.Y. Mass. Texas 10,000 1,000 100 Number of patients 2023 35,500 Texas patients traveled Wash. N.Y. Mass. Change in abortions by state State Abortions 2023 Change from 2019 Nonresident share Wyo.
Persons: Roe, Wade, Nev, S.C, W.Va Calif, , , , Amy Hagstrom Miller, “ We’re, John Seago, “ We’ve, Mia, Uber, Hagstrom Miller, Kelly Baden, Allison Cowett, Megan Jeyifo, Kelly Flynn Organizations: Nev . N.J ., Ind . Utah Colo, N.Y ., Ind . Utah W.Va, Guttmacher Institute Orange, La . Texas Fla, Md . Utah W.Va Colo, D.C, Alaska, W.Va, La . Texas, Ind . Utah D.C, La . Texas Texas, New York City, Texas Fla, Midwest, Mich . Iowa Ohio, ., Illinois Wis ., Illinois Wis . Iowa Ill, Guttmacher Institute, Republicans, Kan, Colo, Ill, Del, Utah, Hawaii, Iowa, Ohio, Maine, Family Planning, Chicago Abortion, N.Y, Tenn, California S.C Locations: Alaska, N.D, Hawaii Minn, Ore, N.Y, Idaho Wis, S.D . Mich, Pa, Nev . N.J, Nev . N.J . Ohio, Ill, Ind . Utah, W.Va Md, Calif, Kan . Va, Mo, Ky, N.C, Tenn, Ariz, ., N.M . Ala . Miss ., La . Texas Fla, N.Y . Idaho, S.D . Wis, Mich, Ind . Utah W.Va Md, Colo, Kan, Mo . Va . Ky, S.C . Ala . Miss ., Texas, New Mexico, Southern, Illinois, South Carolina, Georgia, North Carolina, Nev . N.J . Ohio Md, La . Texas, Alaska Wash . Maine, Minn, Mass, Wis, S.D . Idaho Mich, Wyo, Pa . Iowa, . Ohio Ind, Md . Utah, Va, Mo . Calif, Okla, S.C . Miss ., Ala, Hawaii, N.Y Idaho, La, Fla, N.Y Idaho Wis, Nev . Ohio Md, W.Va Colo . Va, N.M . Ala, Alaska Alaska, Wash . Maine, . Idaho, Nev Nev, N.J, Neb ., . Ohio Ohio, Ind, Ind . Utah Md . Utah, Kan . Va . Calif, S.C . Miss . Ala . Miss ., La . Texas Texas Fla, Wisconsin, Columbus , Ga, New York, ” Texas, Pa . N.J, Nev . Md, Colo . Va, N.M . Ga, N.M . Texas, Mich . Iowa, Okla ., Illinois Wis, Illinois Wis . Iowa, Miss . Texas, Maryland , Minnesota, Virginia, Conn, Houston, Albuquerque, States, ” Illinois, Chicago, N.Y Pa . N.J, Md, Va . N.C, California, Ala . Miss, . Pa . Md, Miss . Ala, Florida , Georgia, Florida, state’s, Florida , North Carolina
Evergy Chief Financial Officer Kirk Andrews will leave to replace Consolidated Edison 's current CFO Robert Hoglund, who plans to retire on July 8, the companies announced Monday. Andrews has been CFO of the Midwest utility company since 2021. Evergy said Geoffrey Ley, vice president, corporate planning and treasurer, will be acting CFO as the company conducts an internal and external search to fill the role. Hoglund, who became CFO in 2005, will leave Con Edison after 20 years with the company. He plans to continue to serve as senior vice president in the transition until his official retirement later in the year.
Persons: Kirk Andrews, Robert Hoglund, Andrews, Evergy, Geoffrey Ley, Con Edison Organizations: Consolidated Edison, Midwest, Con, New York, RPM International Inc Locations: New, New York City, Westchester County
And it's Biden's support among white voters without a college degree — a huge voting bloc in these areas — that's currently keeping him afloat in Wisconsin. And it's the backing of many white working-class voters that has been critical for the president. Related storiesIn the Quinnipiac poll, Wisconsin voters gave Biden positive marks on issues like abortion rights and the preservation of democracy. AdvertisementAmong white voters in Wisconsin, Biden actually led Trump by four points (50% to 46%) in the Quinnipiac poll. Advertisement"In order to win, Democrats have to overperform — by a lot — with white working-class voters in the state, because most voters in Wisconsin are white working-class voters," Wisconsin Democratic Party Chairman Ben Wikler recently told The Washington Post.
Persons: , Joe Biden's, Donald Trump, Biden, Trump, he's, Ben Wikler Organizations: Service, Business, Trump, Quinnipiac University, Wisconsin, Quinnipiac, Biden, GOP, White, Democratic, Wisconsin Democratic, Washington Post Locations: Wisconsin, Milwaukee, Madison, Arizona , Georgia, Nevada, North Carolina, Michigan, Pennsylvania, Quinnipiac, Arizona, Omaha
Alphabet announced on Wednesday that Eli Lilly Chief Financial Officer Anat Ashkenazi will be its new CFO after an almost year-long search. Shares of Eli Lilly have soared 90% in the past year and are trading at a record. When she joined Eli Lilly in 2001, she came in through the company's new venture capital division, which was co-founded by her then-spouse Ron Laufer. Fastest growth in decadesFounded in 1876, Eli Lilly has long been one of the major U.S. pharmaceutical companies. But the last couple years have marked a period of historic growth for Eli Lilly due to the exploding popularity of GLP-1s.
Persons: Anat Ashkenazi, Eli Lilly Eli Lilly Alphabet's, Ruth Porat, Eli Lilly, Ashkenazi, it's, Eli Lilly's, David Ricks, Morgan Stanley, Sundar Pichai, Hollie Adams, Ron Laufer, John Smiley, Eli, It's, Trump, Eli Lilly's Covid, we're, Askhenazi, OpenAI's, Larry Page, Sergey Brin, CNBC's Eric Rosenbaum, Toby Lyles Organizations: San, San Francisco Bay Area, Google, Economic, Bloomberg, Getty, CNBC, Tel Aviv University, Hebrew University, U.S . Food, Drug, U.S . Department of Justice, FDA, Reuters, Employees, NBC Locations: U.S, Indiana, San Francisco Bay, Davos, Switzerland, Israel, biopharma, North Carolina, Germany, New Jersey
From the protection of lakes and streams to the battle to curb greenhouse gas emissions, many voters in the upcoming US presidential election want to see the federal government play an active role in climate issues. One thing is clear though: the lion's share of voters believe that climate change is real. AdvertisementThe latest quarterly survey from the Yale Program on Climate Change Communication revealed that 72% of Americans believed that climate change was occurring, while only 15% disagreed. Related storiesHere's a look at President Joe Biden and former President Donald Trump's positions on climate — which is poised to be a defining issue for Gen Z and millennial voters this fall. But President Donald Trump withdrew from the plan while in office, blasting it as detrimental to the US economy.
Persons: Joe Biden, Donald Trump's, Gen Z, Biden, Barack Obama, Obama, Donald Trump, Trump Organizations: Service, Business, Yale, GOP, US, Keystone XL, Trump, Alaska National Wildlife, Environmental Protection Agency, Mar, The Washington, of Energy Locations: Paris, Alaska, Michigan
Depending on where you live, what's considered a middle income may not actually afford you a middle class lifestyle. Still, over half of U.S. adults self-identify as middle class or upper-middle class, according to a 2024 Gallup Poll. The organization defines middle class as income between two-thirds and double the national median household income, after incomes have been adjusted for household size. Middle income residents make up 65% of the population in Dover, Delaware — the largest share of over 200 metropolitan areas Pew analyzed. There, you need to earn between $36,292 and $108,876 a year to be considered middle class.
Persons: what's Organizations: Pew Research, Pew, . Census, American, Survey Locations: U.S, Dover , Delaware
He landed on an option that's becoming increasingly popular with top MBAs and entrepreneurs: launching his own search fund. AdvertisementHere are three reasons why he decided on a search fund:Shift in the search fund businessSingh graduated from Harvard's MBA program in 2022. "Historically, tech people have stayed away from search funds because it's not exciting to them," he said. These could be projects that convert on-premise software companies to cloud companies or projects that change one-time software purchases to yearly subscriptions. Singh said he knew of about 20 MBAs from his Harvard cohort who started search funds, out of about 800 in his class.
Persons: , Gaurav Singh, Singh, that's, he'd, wouldn't, Harvard Organizations: Service, Harvard Business School, Business, Stanford Graduate School of Business, Stanford, Investors Locations: Toronto, Stanford, Midwest
CNN —Many Americans may get hot under the collar when they open their electric bills this summer, but for some, the consequences of rising utility costs can be a lot more serious. He pointed to the National Weather Service’s prediction that much of the country will probably have above-normal temperatures this summer. The difference in projections stems from the association assuming higher rates of usage because of hotter temperatures, Wolfe said. The Low Income Home Energy Assistance Program, known as LIHEAP, has $4.1 billion to help consumers with heating and cooling costs, down from $6.1 billion in the prior fiscal year. “Because of the lack of a coherent policy to address summer cooling, people will die this summer from heatstroke,” Wolfe said.
Persons: Mark Wolfe, , Wolfe, Diana Hernandez, Hernandez, , ” Hernandez, arrearages, ” Wolfe Organizations: CNN, National Energy Assistance, Association, Center for Energy, US Energy Information Administration, Department of Health, Human Services, Energy, Columbia University, Income, Energy Assistance, US Census Bureau, District, Columbia, National Weather Service Locations: Pacific, Chicago, heatstroke
He landed on an option that's becoming increasingly popular with top MBAs and entrepreneurs: launching his own search fund. AdvertisementHere are three reasons why he decided on a search fund:Shift in the search fund businessSingh graduated from Harvard's MBA program in 2022. "Historically, tech people have stayed away from search funds because it's not exciting to them," he said. These could be projects that convert on-premise software companies to cloud companies or projects that change one-time software purchases to yearly subscriptions. Singh said he knew of about 20 MBAs from his Harvard cohort who started search funds, out of about 800 in his class.
Persons: , Gaurav Singh, Singh, that's, he'd, wouldn't, Harvard Organizations: Service, Harvard Business School, Business, Stanford Graduate School of Business, Stanford, Investors Locations: Toronto, Stanford, Midwest
According to a report by the National Association of Realtors, pending home sales fell 1.5 percent in October to their lowest level in 20 years. These so-called pending sales are a forward-looking indicator of closed sales one-to-two months later. Pending sales were 7.4% lower than in April of last year. Because the count is based on signed contracts, it shows how buyers are reacting to mortgage rates in real time. With home prices still climbing and supply very low, leading to increased competition, that jump in rates had a huge effect on sales.
Persons: Justin Sullivan, Lawrence Yun, Yun, Hannah Jones Organizations: National Association of Realtors, Mortgage News, NAR, West, Realtor.com Locations: CALIFORNIA, San Anselmo , California, Midwest, Redfin
Meanwhile, JPMorgan upgraded Huntington Bancshares to overweight from neutral, with a price target that implies upside of 31%. Analyst Scott Hanold's $90 price target implies that shares of Civitas could rise 25% from here. These two headwinds combined together could create near-term pressures for the stock by limiting Zscaler's billings growth, the analyst wrote. Nowinski's price target of $182, down from $275, implies the stock could rise 6% from here. The bank upgraded shares of the cruise operator to buy from neutral and lifted its price target to $24 from $21.
Persons: Mizuho, Scott Hanold's, Hanold, — Lisa Kailai Han, Wells, Andrew Nowinski, F4Q24, Nowinski, Patrick Cunningham, Cunningham, Lisa Kailai Han, Andrew Boone, Boone, Max, Duolingo, Ben Chaiken, Jan, Chaiken, Steven Alexopoulos, Alexopoulos, Huntington, Fred Imbert Organizations: CNBC, Cruise Line, JPMorgan, Huntington, RBC, Civitas Resources, RBC Capital Markets, Citi, DuPont DuPont, DuPont, Max, Mizuho, Cruise Locations: DAU, Mizuho, Norwegian, Huntington Bancshares, Columbus , Ohio, Friday's
With my $40 budget, I typically get things like mochi ice cream and frozen taquitos. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . I visit the chain about once a week and try to stick to a $40 budget. My list varies a bit each week, but there are some tried-and-true staples I reach for on a regular basis. This story is available exclusively to Business Insider subscribers.
Persons: , I'm Organizations: Service, Business Locations: Midwest
But while retirees might imagine spending their golden years full of pasta and palazzos, the realities of moving abroad are much less romantic. He didn’t think retiring abroad was feasible. Packing up shopAs America’s retirement crisis grows, so too does the dream of retiring abroad. “People need to think about estate planning, which is often different abroad,” said Brett Spencer, the founder of Impact Financial, a financial advisory firm that specializes in Americans living abroad. I think that’s the reality that a lot of people probably aren’t prepared for,” said Peddicord, who splits her time with her husband between Paris and Panama City, Panama.
Persons: Laura Barnett, She’s, Chris, Chris Barnett, didn’t, Laura, , We’ve, , ” Chris, there’s, won’t, It’s, Brett Spencer, ” Spencer, he’s, Italy Patience Dunbar, Charles Ippoliti, Patience Dunbar Patience Dunbar, Charles, they’ve, Patience, Giorgia, We’re, you’ll, Kathleen Peddicord, Peddicord, don’t, Jacki Dahl, Bill Dahl, Bill Organizations: New, New York CNN, US Department of Defense, CNN, Gallup, Social, Impact, Invest Overseas, , , Rocky, Expiatorio Locations: New York, Kentucky, Poitiers, France, Fayetteville , North Carolina, Portugal, Aveiro, Europe, Monmouth, Italy, Arona, Milan, Oregon, Kansas, United States, Paris, Panama City, Panama, States, Reno, Guadalajara, Mexico,
We lived in San Diego for a few years after college, and then we moved to San Francisco in 2018. Matine: San Francisco is amazing. But San Francisco was apocalyptic. We had a three-story, four-bedroom place for half the price of our condo in San Francisco. The facility we're currently in is only a little more expensive than my rent in San Francisco, and this is 20,000 square feet.
Persons: , John Yuksel, Matine Yuksel, I've, He's, Matine, Francisco, COVID, Beltways, John, Matine Yuksel John, There's, It's Organizations: Service, Business, Walmart, Apple Locations: San Francisco, Dubuque , Iowa, Cincinnati, Northern Kentucky, Arizona, San Diego, Francisco, Istanbul, Midwest, Iowa, Dubuque, Mississippi, Mount Adams, It's, California, Tucson
AdvertisementI'll soon have an empty nest, with my bird nearly 2,000 miles away, and I'm already dreading it. He decided to go to college far from homeHis father and I are incredibly proud of him and know he's ready for this next big step. He's ready to be close to the ocean, meet new friends, and dive headfirst into his film studies. While our son is raring to go and ready to meet the world on his own terms, I'm not sure I'm ready for him to be thousands of miles away. In the meantime, get ready world.
Persons: He'll, whittle, I'm, raring Organizations: Service, Business, Grand Central Locations: East Coast, California, Los Angeles
This is the first part in a series exploring Baltimore’s overdose crisis. People in Baltimore have been dying of overdoses at a rate never before seen in a major American city. In the past six years, nearly 6,000 lives have been lost. The city set ambitious goals, distributed Narcan widely, experimented with ways to steer people into treatment and ratcheted up campaigns to alert the public. Many of those efforts to fight overdoses stalled, an examination by The New York Times and The Baltimore Banner has found.
Organizations: New York Times, Baltimore Locations: Baltimore, American, Appalachia, York
Multiple fatalities and some injuries have been reported in the small city of Greenfield, Iowa – about 50 miles southwest of Des Moines – after a tornado carved a devastating path through the community Tuesday evening, Iowa State Patrol spokesperson Sgt. “There is basically nothing left,” Clel Baudler, a former Iowa state representative who lives a half mile from Greenfield, told CNN on Tuesday. Power outages across Iowa, Wisconsin and Illinois left nearly 200,000 homes and businesses in the dark as of Tuesday night, according to PowerOutage.us. A few tornadoes could strike from Texas to Arkansas, but hail and powerful winds are possible anywhere along the storms’ path. Heaps of rubble blanket Greenfield, Iowa, after a tornado touched down Tuesday.
Persons: Alex Dinkla, Dinkla, Clel, Kim Reynolds, Charlie Neibergall, Valerie Warrior, KCCI, , , “ They’ll, CNN’s Jessica Jordan, Sara Smart, Amy Simonson Organizations: CNN, Midwest, Des Moines, Iowa State Patrol, Storm Prediction Center Locations: Iowa, Greenfield , Iowa, Des, Greenfield, Iowa , Wisconsin, Illinois, Texas, Vermont, Ohio, Great, Arkansas, Oklahoma, Dallas, Fort Worth, Nashville, St, Louis, Memphis, Cleveland, Tulsa, Columbus, Iowa , Minnesota , Wisconsin, Western Iowa, Prescott, Adams County, Montgomery County
Sales of homes priced below $100,000 fell 7.1% year over year, while sales of those priced over $1 million jumped 40%. The median price of an existing home sold in April was $407,600, an increase of 5.7% year over year. The median price in the Northeast was $458,500, up 8.5% year over year. The median price in the West was $629,600, up 9.3% from April 2023. Correction: The supply of homes priced at more than $1 million was up 34% year over year.
Persons: Lawrence Yun, Yun Organizations: National Association of Realtors, Realtors Locations: Issaquah Highlands, Issaquah , Washington, US, Midwest, West
Read previewRobert F. Kennedy's children have spent a lifetime trying to add their marks to their slain father's legacy. The first Kennedy to run for the presidency in decades, Robert F. Kennedy Jr. is doing so without the family's well-documented loyalty. Born into privilege in 1954, Robert F. Kennedy Jr. was raised between Massachusetts and suburban Virginia estates. Robert F. Kennedy Jr. was later a pallbearer at his father's funeral, joined by Astronaut John Glenn and former Defense Secretary Robert McNamara. Robert F. Kennedy Jr. was one of the pallbearers in his father's funeral.
Persons: , Robert, Robert F, Kennedy, Kennedy Jr, McLean, Ethel Kennedy, wasn't, Kathleen, Joseph P ., Hubert Humphery's, Astronaut John Glenn, Robert McNamara, Michael Ochs, Jack Paar, Oprah, Frank M, Johnson Jr, Emily Black, Robert Morgenthau, JFK, Robert Boyle, Mary Richardson, Kerry Kennedy, Boyle, William Wegner, Wegner, Wegener, spasmodic dysphonia, Richardson, Cheryl Hines, Larry David Organizations: Service, Camelot, Business, RFK, Georgetown Preparatory School, Astronaut, Michael Ochs Archives, Georgetown Prep, Millbrook School, Harvard, JFK, RFK Jr, Civil, London School of Economics, University of Virginia Law School, Southern, of, The New York Times, Natural Resources Defense Council, Fishermen's Association, Washington Post, Hudson, Time Magazine, Los Angeles Times, STAT, World Health Defense Fund, Associated Press Locations: Massachusetts, Virginia, Hickory Hill, McLean , Virginia, New York, Charlottesville, Black's, Bloomington , Indiana, Dominican Republic, Manhattan, of New York, South Dakota, York, Hudson, Bedford
How Red Lobster choked on its own Endless Shrimp deal
  + stars: | 2024-05-21 | by ( Allison Morrow | ) edition.cnn.com   time to read: +4 min
First, Red Lobster got screwed by private equity. Back in 2014, the Darden restaurant group spun off Red Lobster to a private equity firm. Thai Union, under Kenny’s direction, elbowed out other shrimp suppliers, “leaving Thai Union with an exclusive deal that led to higher costs to Red Lobster,” according to the filing. And if you’re the exclusive provider of shrimp to America’s biggest seafood chain, what’d be better than making that limited-time all-you-can-eat shrimp deal a permanent menu item? The all-you-can-eat shrimp deal alone didn’t doom Red Lobster, but boy did it do some damage at a time when the chain was already buckling.
Persons: Nathaniel Meyersohn, , Management wasn’t, Jonathan Tibus, Tibus, Paul Kenny, Kenny Organizations: New, New York CNN, Darden, Management, Thai Union, CNN Locations: New York, foundering, Bangkok, Thai
Damaging storms brought punishing winds and possible tornadoes to Iowa on Tuesday afternoon, leaving at least one dead and causing considerable destruction in the latest in a run of severe weather to have struck the Midwest in recent weeks. A woman suffered a storm-related death in Adams County, according to Lisa Brown, the county’s medical examiner. One of the structures appeared to have caught fire, releasing a large plume of smoke. Footage circulating on social media appeared to show extensive damage in a residential area of Greenfield, Iowa, a small city of about 2,000 residents in Adair County about 50 miles southwest of Des Moines. Video captured by a storm chaser showed a stretch of homes that had been reduced to piles of wood and rubble, and people being escorted away by emergency officials.
Persons: Lisa Brown Organizations: Des Moines . Locations: Iowa, Adams County, Des Moines, Greenfield , Iowa, Adair County
The 2024 list is out — and the best cities to live in are mostly in the South and the Midwest. AdvertisementThis year's top spots include a few cities consistently ranked among the best places to live, including booming Boise, Idaho, sandstone-hued Colorado Springs, and the southern banking hub of Charlotte, North Carolina. In addition to the availability of jobs and housing, US News & World Report places a strong emphasis on the overall standard of living in each area. AdvertisementAccording to US News & World Report, here are the 15 best places to live in the US. In these spots, residents are pretty satisfied with their lives, homes are relatively affordable, and there are plenty of jobs.
Persons: , Louis, glamor Organizations: Service, Business, Federal Reserve Bank of St, US News Locations: United States, Boise , Idaho, Colorado, Charlotte , North Carolina, Austin , Texas, Carolina, Greenville, Charleston , South Carolina, Naples , Florida, Naples
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