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☆ New airplane business class seat design has huge 45-inch TV screen
▼ + stars: | 2024-06-04 | by ( Francesca Street | ) edition.cnn.com time to read: +3 min

The two aviation powerhouses recently joined forces to reimagine the future of airplane TV and movie-viewing, via a swanky concept called MAYA. MAYA, which stands for “Most Advanced Yet Achievable,” is an ergonomic business class seat that comes equipped with an Astrova Curve 45-inch ultra-wide, ultra-high-definition OLED display. Collins Aerospace/Panasonic AvionicsThe screen syncs up with passengers’ personal devices, offering an impressive headphone-less audio system. Collins Aerospace/Panasonic AvionicsNot only is MAYA’s curved screen three times larger than classic business class seat options, Panasonic also envisages the seat offering an Ultra-Widescreen CinemaScope (21:9) display – a screen format more commonly found in cinemas. With that in mind, Masson calls the screen the “cinematic centerpiece” of MAYA’s design, but stresses the screen’s not only designed for movies.

Persons: you’ve, Andrew Masson, ” Collins, Masson, “, ” Organizations: CNN, Collins Aerospace, Panasonic, Panasonic Avionics, Aircraft Interiors, AIX, CNN Travel Locations: Hamburg, Germany

☆ Rare Hermès Birkin Bags Are up for Auction and May Fetch Over $100,000
▼ + stars: | 2024-06-01 | by ( Madeline Berg | ) www.businessinsider.com time to read: +6 min

Read previewIf you're in the market for a Hermès bag that doubles as a doll house, you're in luck — as long as you have $100,000 or so to spare. A new Birkin bag starts at about $10,000 and can cost well into the six figures depending on material, size, and rarity. Since 2022, Hermès bags sold at Christie's auctions have gone for an average of 141% of the lowest estimated price, Christie's said. "Hermès Birkin and Kelly bags, especially the Faubourg bag, for example, are iconic symbols of luxury and status, coveted by collectors worldwide." Courtesy of Christie'sAs the auction demonstrates, luxury handbags — particularly those made by tightly controlled brands like Hermès — are increasingly worthy investments.

Persons: —, Christie's, Birkin —, handmake, Hitha Herzog, Hermès, Faubourg Birkin, Birkin, Nicole Pollard Bayme, Hermès Birkin, Kelly, Chanel, Alexis Clarbour, Louis Vuitton, Yayoi, Dior, Loewe, Roger Vivier Organizations: Service, Business, Rue du Faubourg Saint, Deloitte, Credit Suisse, Madison Avenue Couture Locations: Birkins, Rue, Paris, retails

☆ A private village in Scottsdale houses some of Arizona's priciest real estate. I got a tour of its guarded neighborhoods.
▼ + stars: | 2024-05-27 | by ( Joey Hadden | ) www.businessinsider.com time to read: +1 min

Silverleaf Village in Scottsdale, Arizona, is the city's most exclusive and expensive community. I got a private tour of the village with 24-hour guards and a championship golf course. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIn the canyons beneath a mountain range dotted with cacti is Silverleaf Village, the most exclusive and expensive residential community in Scottsdale, Arizona. And it's home to the most expensive residence on the market in Scottsdale — a mega-mansion listed for $54 million.

Persons: —, Silverleaf Organizations: Service, Business Locations: Scottsdale , Arizona, Scottsdale

☆ Five things you probably didn’t know about the biggest art heist in history
▼ + stars: | 2024-05-19 | by ( Caitlin Chatterton | ) edition.cnn.com time to read: +8 min

On March 18 1990 the museum fell prey to history’s biggest art heist. Here are five things that make the Isabella Stewart Gardner Museum, and its famous theft, so interesting. Sean Dungan/Courtesy Isabella Stewart Gardner Museum, BostonWhy commit history’s greatest art heist and leave without the priciest piece in the museum? John Wilcox/Boston Herald/Getty ImagesWhy would “Corsican mobsters,” as CNN correspondent Randi Kaye described them in the programme, be interested in robbing a Boston art museum? “That’s how these things get stolen.”How It Really Happened’s “Gardner Art Heist: Stealing Beauty” premieres on CNN Sunday 19 May, at 9pm ET/PT.

Persons: ”, Andy Warhol’s, Frida Kahlo’s, Isabella Stewart Gardner, Vermeer, Rick Abath, Gardner, ” Stephan Kurkjian, ” Gardner, Julia Ward Howe, Ethel Smyth, Emmeline Pankhurst, Smyth, John Singer Sargent, Gardener, Mona Lisa, Titian, theives, Sean Dungan, Napoleon, Rembrandt, Bob Wittman, John Wilcox, Randi Kaye, ” Kaye, ” Kelly Horan, Myles Connor, —, theif Myles Connor, George Rizer, Connor, Al Dotoli, Frank Sinatra, Liza Minelli, Dotoli, Dionne Warwick —, ” Horan, “, Ryan McBride, ” Wittman, “ Gardner Organizations: CNN, The Museum, Modern Art, Salvador, Isabella Stewart Gardner Museum, 9P, Boston, Boston Symphony Orchestra, Red Sox, Boston Globe, Storm, FBI, Museum of Modern, Art, Boston Herald, Boston’s Museum of Fine Arts, Getty Locations: New York, Boston, America, Red, Europa, London, Galilee, Corsica, Nice, Corsican, Maine

☆ I spent an afternoon in Scottsdale, Arizona's most elite neighborhood, where homes cost up to $50 million. It felt like a private small town.
▼ + stars: | 2024-05-18 | by ( Joey Hadden | ) www.businessinsider.com time to read: +1 min

DC Ranch is the priciest neighborhood in Scottsdale, Arizona, with an average home price of $3.3 million. I got an exclusive tour of the neighborhood and thought it felt like a small town. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe most expensive neighborhood in Scottsdale, Arizona, is a sprawling, 4,400-acre community with four villages packed with mansions, condos, and businesses lining the McDowell Mountains. Known as DC Ranch, the neighborhood has an average listing price of $3.5 million, according to Realtor.com.

Persons: —, It's Organizations: Service, DC, Business Locations: Scottsdale , Arizona

☆ Your home sale could trigger capital gains taxes. Here's how to calculate your bill
▼ + stars: | 2024-05-13 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +2 min

You can reduce your home sale profit by adding often-forgotten costs and fees to your basis, which minimizes your capital gains tax liability. For example, you can start by tacking on fees and closing costs from the purchase and sale of the home, according to the IRS. The average closing cost nationwide is $4,243, according to a report from Assurance, but fees vary widely. That includes your real estate commissions and closing costs. The 'best way' to reduce capital gains taxesYou can further increase your home's basis by tacking on the cost of eligible upgrades, experts say.

Persons: Thomas Scanlon, Raymond James, Scanlon, tacking, Paul Fenner Organizations: Westend61, tacking, Tamma Locations: Manchester , Connecticut, New York, California, Commerce Township , Michigan

☆ Sweetgreen is selling steak for the first time, and it hopes the pricey add-on will bring protein-hungry customers in for dinner
▼ + stars: | 2024-05-13 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

Sweetgreen introduced caramelized garlic steak, which is now the most expensive protein on its menu. The salad chain, which has over 225 locations, added caramelized garlic steak on Tuesday. Axios reported that it's the first red meat Sweetgreen has sold. In comparison, Sweetgreen charges $2.75 to add roasted tofu, $3.75 to add blackened or roasted chicken, and $6.15 to add miso glazed salmon. Neman said that Sweetgreen introduced steak to boost its dinner sales and expand its customer base.

Persons: Sweetgreen, —, Jonathan Neman, they've Organizations: Service, New York Times, Times Locations: Manhattan, Boston, Neman, Australia, New Zealand

☆ It's possible to spend over $3,000 now for a maxed-out iPad with all the bells and whistles
▼ + stars: | 2024-05-08 | by ( Jordan Hart | ) www.businessinsider.com time to read: +2 min

The new iPad Pro can get pricey when it comes to upgrades. In an announcement that Apple CEO Tim Cook described as the "biggest day for iPad since its introduction," the tech giant launched brand new iPad Air and iPad Pro models along with a new Pencil Pro stylus and a Magic Keyboard. The iPad Pro comes with a new OLED display and up to two terabytes of storage. AdvertisementIf the $3,000 range is too steep, Apple also dropped the price of its 10th-generation iPad to $350 on Tuesday. Though older, it's still compatible with previous generations of the Pencil and Magic Keyboard Folio.

Persons: —, Tim Cook Organizations: Service, Apple, Business

It's not unusual to find Mint Mobile on sale — we have a roundup of the best Mint Mobile deals going year-round to catch every single discount available. Existing Mint Mobile Unlimited users can even look forward to an email with a promo code to redeem their streaming freebie as well. How to get the Mint Mobile Paramount Plus dealTo score free Paramount Plus Essential with your Mint Mobile, sign up for Mint Mobile Unlimited. The Mint Mobile Paramount Plus promotion is for new customers who sign up for a new Unlimited plan. Pricing aside, we found Mint Mobile to offer decent quality in our Mint Mobile review.

Persons: It's, you'll, you've, it's Organizations: Business, Paramount, Mint Mobile, Mobile, Mint, Mint Mobile Paramount, . Mint Mobile, Mint Mobile Paramount Plus, CBS

☆ I drove Subaru's priciest SUV. It's perfect for families who outgrow the Outback or Forester — but the safety tech is vexing.
▼ + stars: | 2024-05-05 | by ( Benjamin Zhang | ) www.businessinsider.com time to read: +2 min

The 2024 Subaru Ascent Touring from the driver's seat. Benjamin Zhang/Business InsiderThe Subaru Ascent delivers a pleasant and reassuring driving experience. The continuously variable transmission is the weakest point in Ascent's driving experience and its drive train. The noise, reminiscent of a dying torque converter on a traditional automatic, disappears once the vehicle reaches normal operating temperature. With that said, Subaru's Lineartronic unit is one of the most capable CVTs on the market and is able to provide a serviceable approximation of a traditional automatic transmission.

Persons: Benjamin Zhang, Subaru's Organizations: Toyota, Chevrolet Traverse Locations: peppy

☆ Royal Caribbean's newest ship is also its priciest. Here's what it's like spending as little as possible, with no lobster or other upgrades.
▼ + stars: | 2024-04-18 | by ( Brittany Chang | ) www.businessinsider.com time to read: +1 min

Royal Caribbean's Icon of the Seas could be an expensive vacation compared to other cruise ships. Sailing on the mega-ship without paying for any of its upcharged amenities is possible. NEW LOOK 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 . AdvertisementA budget vacation on Royal Caribbean's new wildly popular Icon of the Seas is possible.

Persons: — Organizations: Service, Business

☆ Property values are skyrocketing in these 27 markets, lining homeowners' pockets while leaving buyers out of luck
▼ + stars: | 2024-04-18 | by ( James Faris | ) www.businessinsider.com time to read: +3 min

Buying a home was a historic challenge last year because of sky-high listing values and the highest mortgage rates since the turn of the century. Heading into 2024, the consensus among real-estate mavens is that affordability will get substantially better, largely due to declining mortgage rates. In turn, mortgage rates are now headed in the wrong direction, steadily rising from 6.6% late last year to nearly 6.9% as of mid-April. AdvertisementHome prices are persistently high — especially in these 27 real-estate marketsAll else equal, higher borrowing costs should translate to lower property prices because of lower demand from buyers. Only a dozen real-estate markets fitting that description saw property prices fall by more than 1%.

Persons: —, refinance, Point2 Organizations: Service, National Association of Realtors, Business, Federal Reserve, York Locations: Jersey City , New, New York, Rocky, California, Manhattan , New York

But Secretlab's Magnus Pro Standing Desk solves this problem and then some. Here's why the Secretlab Magnus Pro is one of our picks for the best standing desks you can buy. Secretlab Magnus Pro The Magnus Pro has incredibly thoughtful cable management and supportive add-ons that make it a great choice for gamers, streamers, and anyone who uses multiple monitors and accessories. Sarah Saril/InsiderIt's important to note that the Magnus Pro takes some time and energy to put together. Sarah Saril/InsiderThere's no denying that the Secretlab Magnus Pro is one of the priciest standing desks you can buy.

Persons: Secretlab's Magnus, I've, Secretlab Magnus Pro, Magnus Pro, Magnus, Sarah Saril, it's, you've, Secretlab, Magnus Pro XL, It's Organizations: Business, Magnus Pro XL, Secretlab, Cable, Magnus, Magnus Pro, Magnetic Cable

☆ Tech workers flush with cash are turning Miami's suburbs into the new Beverly Hills
▼ + stars: | 2024-04-10 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +3 min

The most expensive neighborhood in America is in Coral Gables, Florida, Bloomberg reports. AdvertisementThe post-pandemic Florida real-estate boom just earned the state a new superlative. Today, seven of the 10 most expensive neighborhoods in the US are located in Florida, Bloomberg reported, citing data from Zillow. The priciest neighborhood in America is Gables Estates in Coral Gables, where a typical home costs $21.2 million, Bloomberg reported. Pre-pandemic, in 2020, the most expensive neighborhood in America was Beverly Hills Gateway, where a typical home cost a cool $10.6 million.

Persons: —, Jeff Bezos, BI's Eliza Relman Organizations: Bloomberg, Zillow, Tech, Service, Gables Estates, Business, Beverly Hills Gateway, Royal, Beverly Hills, Apple, Microsoft, Amazon Locations: America, Coral Gables , Florida, Beverly Hills, Florida, Coral Gables, Naples , Florida, , New York, Miami

☆ 11 U.S. cities where you need to earn over $200,000 to buy a typical home
▼ + stars: | 2024-04-09 | by ( Mike Winters | ) www.cnbc.com time to read: +2 min

You'll need to earn just over six figures to buy a typical home in the U.S. right now. San Jose is by far the most priciest place to buy a home, even among 10 other metro areas where qualifying income exceeds $200,000. Some of the wealthiest people in the U.S. live in cities like San Jose, San Francisco and Anaheim. In contrast to California's most expensive markets, the qualifying income needed to buy a typical home in the U.S. overall is $103,835. It's even cheaper in the Midwest and the South, where the qualifying income is $74,967 and $95,511, respectively.

Persons: NAR's Organizations: National Association of Realtors, Thousand Oaks, San, Housing Finance Agency, CNBC Locations: U.S, California, San Jose, Jose, Sunnyvale, Santa Clara , California, Anaheim, Santa Ana, Irvine , California, Francisco, Oakland, Hayward , California, Honolulu, Hawaii, Salinas , California, Diego, Carlsbad , California, Oxnard, Ventura , California, San Luis Obispo, Paso Robles , California, Angeles, Long, Glendale , California, Boulder , Colorado, Naples, Marco Island, Florida, San Francisco, Atherton, Midwest

☆ Disney’s Annual Meeting Will Include a Thrill Ride
▼ + stars: | 2024-04-03 | by ( Brooks Barnes | ) www.nytimes.com time to read: 1 min

“Disruptive and destructive.” That is how Disney has referred to the activist investors who are pushing for seats on its board and influence over its strategy. In return, the activists have called Disney “stupid” and mocked its purported turnaround as “a fanciful tale.”Which side will prevail? One of the largest, priciest and nastiest proxy contests in history will come to a head on Wednesday, when Disney is scheduled to virtually host its annual shareholder meeting. A smaller activist investor, Blackwells Capital, is seeking three seats. Disney has put forward its own slate of 12 directors and has said its get-out-the-vote campaign would cost up to $40 million.

Persons: Nelson Peltz, — Organizations: Disney, Trian Partners, Blackwells

☆ Seven Seas Splendor: World cruise offers swanky suite for $1.7 million
▼ + stars: | 2024-03-29 | by ( Francesca Street | ) edition.cnn.com time to read: +4 min

The cruise line is pitching this 2027 voyage as a “once-in-a-lifetime experience” on board its Seven Seas Splendor liner. The living room area of the Regent Suite, available for $1.7 million on Regent Seven Seas Cruises' upcoming 2027 world cruise. Onboard decadenceWhether guests opt for the Regent Suite or not, prospective Regent Seven Seas Cruises travelers should expect onboard decadence. Cruise line president DeMarco told CNN Travel that the fact Regent Seven Seas’ world cruise is “truly all-inclusive” means there’s “value” associated with these high costs. The cruise line is currently operating a sold-out 2024 world cruise on board its Seven Seas Mariner cruise ship, while its 2025 world cruise also sold out in what Regent Seven Seas’ claimed was “record time.” The cruise line’s 2026 world voyage still has suites available at time of writing.

Persons: CNN —, Andrea DeMarco, there’s, DeMarco, Joan Miró, Picasso, filet mignon Organizations: CNN, Regent Seven Seas Cruises, CNN Travel, Regent, Regent Seven, Suite, Regent Seven Seas, Seas, Norwegian Cruise Line Holdings, Seven Seas, Seven Locations: Bali , Sydney, Mumbai

☆ 10 easy design tips that will make your house more attractive to buyers, according to a home stager
▼ + stars: | 2024-03-15 | by ( Erin Mcdowell | ) www.businessinsider.com time to read: +3 min

Baer shared her biggest tips for successfully staging a house in order to sell it quickly. AdvertisementBaer told Business Insider that the priciest home she's staged recently was a $200 million property in Florida. According to a 2021 survey by the National Association of Realtors, 82% of buyers' agents said home staging made it easier for their buyers to visualize themselves in the home. AdvertisementRealtor.com also reported in 2023 that staged homes sell 88% faster and for an average of 20% more than non-staged homes. Here are 10 easy design tips that will make your house more attractive to buyers, according to a professional home stager.

Persons: Meridith Baer, Baer, —, she's, HomeAdvisor, Realtor.com Organizations: Service, Business, Hamptons, Meridith Baer Home, Forbes, National Association of Realtors Locations: Los Angeles, San Francisco , New York, Miami, Florida

☆ Salesforce's behind-the-scenes co-founder is tackling Slack as software company turns 25
▼ + stars: | 2024-03-09 | by ( Jordan Novet | ) www.cnbc.com time to read: +16 min

"The V2MOM had nothing about generative AI," Parker Harris, who co-founded the company with Benioff, told CNBC in an interview. Harris, a Salesforce board member and now the technology chief of Slack, which Salesforce bought in 2021, said he'd rather avoid the limelight. Without the Data Cloud, Harris told CNBC, "I think we would have been in a much worse place." He told Benioff he'd redo the plan, the person said. They'll be talking more frequently, as Harris said they're about to kick off weekly meetings on Slack and Salesforce integrations.

Persons: Parker Harris, Marlena Sloss, Marc Benioff, ChatGPT, Benioff, Salesforce, Harris, Slack, he'd, Sam Altman, Noah Berger, Robin, Batman, Frank Dominguez, Dave Moellenhoff, Bobby Yazdani, Larry Ellison, Yazdani, Dominguez, Brett Queener, who's, Queener, Salesforce.com, He's, Ruth Asawa, Josef Albers, Miles Davis, Donald Trump, Jason Alden, Marc, Kara Swisher, David Paul Morris, Adam Selipsky, it's, Stewart Butterfield, Lidiane Jones, Cal Henderson, Benioff's, Parker, Noah Weiss, Denise Dresser, Weiss, Parker Harris emoji, They'll, Salesforce integrations, Stefan Slowinski Organizations: Salesforce, Bloomberg, Getty, CNBC, Google, Microsoft, Middlebury College, Apple, San, San Francisco Bay Area, Metropolis Software, Software, Saba Software, Oracle, San Francisco's Telegraph, YouTube, Facebook, Economic, Salesforce.com Inc, Web, VMware, Employees Locations: San Francisco, Silicon Valley, English, Vermont, North Carolina, San Francisco Bay, Moellenhoff, Kincaid's, Burlingame, San Francisco's, Salesforce, France, Italy, Nantucket, San, Pacific, Davos, Switzerland, Cliff, New York, Las Vegas, Hawaii

☆ Tour this $24 million mansion in Delray Beach, Florida, where home prices have doubled
▼ + stars: | 2024-03-04 | by ( Ray Parisi | ) www.cnbc.com time to read: +7 min

watch nowThe owners of this Florida mansion are asking for $24 million for their almost 11,500 square-foot residence inside one of the most expensive gated communities in Delray Beach, Florida. Over the past five years, the Delray Beach market has more than flourished — it has skyrocketed. "But Delray Beach is, without question, one of the region's premier luxury residential markets." An aerial view of the Rockybrook Estate in Delray Beach, Florida. Here's a look inside the 6 bedroom, 10 bathroom Villa Ananda:Aerial view of 9303 Hawk Shadow Lane in Delray Beach.

Persons: Villa Ananda, Daniel Petroni, Senada Adzem, Villa, Adzem, Steve Cohen, Khalil Mack, Gerry Smith, Romeo Santos, Antonio Neri, Neri, Rockybrook, Douglas Elliman, Krent Wieland, Inson Dubois, Liaigre Organizations: CNBC, Miami, Palm, National Football League, Hewlett Packard Enterprise, Adzem, HP Enterprise Locations: Florida, Delray Beach , Florida, Delray Beach, Manhattan , New York, Miami, Delray, Stone, South Florida, Italy's, Adzem

☆ The cheapest and most expensive Formula 1 races to attend during the 2024 season, which features more circuits than ever before
▼ + stars: | 2024-03-01 | by ( Maria Noyen | ) www.businessinsider.com time to read: +1 min

This season, drivers and their teams will be on the road for a record 24 races. We ranked the races by average ticket price, from the least expensive to attend to the priciest. AdvertisementThe 2024 Formula 1 season is back with a bang, with the first race set to take place in Bahrain on March 2. In addition to traditional venues like the streets of Monaco and England's Silverstone Circuit, the 2024 season also stops at newer outposts like the Shanghai International Circuit. A representative for F1 told Business Insider that individual promoters set ticket prices.

Persons: —, aren't Organizations: Service, England's Silverstone Circuit, Shanghai International Circuit, F1, Business Locations: Bahrain, Monaco, China, Mexico

☆ 13 signs your Hermès bag is a fake, from a luxury reseller who's trained to spot counterfeits
▼ + stars: | 2024-02-28 | by ( Robin Madell | ) www.businessinsider.com time to read: +9 min

Alexis Clarbour has been buying and selling Hermès bags for a decade and knows how to spot a fake. I took an operations role at an e-commerce marketplace called Portero, where my passion for luxury handbags, specifically Hermès bags, began. Under a loupe, the engraving may look chiseled and not as smooth as a genuine Hermès bag. Serial codeEvery Hermès bag has a serial code inside the bag. There are no deals — if someone offers a new Hermès bag below market in the secondary market, I'd recommend staying away.

Persons: Alexis Clarbour, authenticating, It's, Chanel, reselling, Hermès, —, we've, Kelly, Birkin, they've, it's, sloppily, there's, Le Duc, Price, I'd Organizations: Madison Avenue Couture, Nasdaq, MAC, Madison Avenue, Madison Locations: New York City, Hermès

☆ New York City has the nation's most expensive pizza—here's how your city stacks up
▼ + stars: | 2024-02-17 | by ( Nicolas Vega | ) www.cnbc.com time to read: +1 min

New York City has long been known for two things: being expensive and its pizza. Now, it's known for its expensive pizza. A large cheese pizza in the Big Apple will cost you $28.60 on average, according to the research. Though New York has the most expensive pizza in the country, it is also considered the best. These are the cities with the cheapest and most expensive pizza, according to Clever data.

Persons: That's, Gotham Organizations: Big Apple Locations: York City, Richmond , Virginia, United, York

Young workers are pushing back against Dave Ramsey's financial advice on TikTok. You’ll spend $22,995 over the course of 30 years,” Ramsey’s financial advice company, Ramsey Solutions, writes in a post on its website. But younger workers say buying a home in cash isn’t feasible when home prices are skyrocketing nationwide. AdvertisementYounger generations began questioning Ramsey’s advice on homebuying even before the anti-Ramsay rhetoric began trending on TikTok. Sarah Martinez Shaw, who grew up on Ramsey’s advice, told BI his tips left her in a tough spot .

Persons: Dave, —, Dave Ramsey, Gen Z, “, “ You’ll, You’ll, ”, ” Jarrod Benson, Ravin, Mercer, Gen, Ramsey, ” Josh Benson, Ramsay, Sarah Martinez Shaw, Ramsey “ Organizations: Service, Wall Street, Ramsey Solutions, Orlando, Business, America Locations: TikTok, ”, West, United States, Dallas

☆ ICE draft plan would release thousands of immigrants in order to cover budget shortfall
▼ + stars: | 2024-02-14 | by ( Priscilla Alvarez | ) edition.cnn.com time to read: +4 min

Washington CNN —Immigration and Customs Enforcement has drafted contingency plans to cut detention capacity and release thousands of immigrants as a result, according to a source familiar with the plan. The draft plan comes as ICE faces a dire budget shortfall amid stalled congressional action on the White House supplemental request. President Joe Biden has repeatedly implored Congress to give him more resources to deal with the situation at the US-Mexico border, assigning blame on Republicans for not doing more. Over recent years, ICE has assisted Customs and Border Protection in its border mission as that agency is also overwhelmed. Homeland Security officials have attributed the decline to ongoing high-level talks between the US and Mexico, which has doubled down on enforcement, but caution that encounters historically drop in January before ticking up again.

Persons: Joe Biden, Mayorkas, ” Biden, Alejandro Mayorkas, Troy Miller Organizations: Washington CNN — Immigration, Enforcement, ICE, White, Department of Homeland Security, GOP, impeaching, DHS –, The Washington Post, Administration, Homeland Security, CBP, Protection, Coast Guard, Transportation Security Administration, US Border Patrol, DHS Locations: Mexico, Congress, Venezuela

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