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☆ I spent 3 nights in Asia's least visited country. It also turned out to be the most expensive.
▼ + stars: | 2024-07-24 | by ( Marielle Descalsota | ) www.businessinsider.com time to read: +6 min

AdvertisementIt's one of the world's least-visited countries, making airfare and hotel rates more expensive than many countries in Asia. Only two airlines — the Indonesian low-cost carrier Citilink and the local airline Aero Dili — fly between Bali and Dili. Marielle DescalsotaCost of hotel stay for three nights: $500Timor-Leste only has a handful of three-star hotels and no luxury accommodations. I booked an entry-level room for three nights at Timor Plaza Hotel & Apartments for around $500, including tax. For activities, I spent $30 on a massage at a traditional Chinese spa and $50 on a half-day scuba diving trip at the coast.

Persons: —, I've, It's, what's, Cristo Rei, Hilton, Burger King, Gloria Jean's, nasi goreng Organizations: Service, Business, Leste, Indonesia, United Nations, Development, Aero Dili, Timor Plaza, Apartments Locations: Europe, Asia, Maldives, Bangkok, Kuala Lumpur, Timor, —, South, Connecticut, Development Asia, Indonesia, Australia, Bali, Dili, Darwin, stopovers, Singapore, Tokyo, guesthouses, Timor Leste

☆ Covid-19 is an unwelcome attendee at the Paris Olympic Games
▼ + stars: | 2024-07-24 | by ( Jacqueline Howard | ) edition.cnn.com time to read: +5 min

CNN —After a handful of Australian water polo players tested positive for Covid-19 this week, questions have emerged around how the spread of the disease will be mitigated at the Summer Olympic Games in Paris. Five players on Australia’s women’s water polo team have tested positive for Covid-19 as of Wednesday. Although the world is no longer under a public health emergency due to the Covid-19 pandemic, the Olympic Games come as a wave of Covid-19 infections has hit the United States. The French capital is expected to welcome about 15 million tourists while it hosts the Olympic Games. “Attending a mass gathering event increases your chances of being exposed to respiratory diseases, including whooping cough and COVID-19.

Persons: “, Lucia Mullen, ” Mullen, Anna Meares, ” Meares, “ We’re, ”, Joe Biden, Dr, Sanjay Gupta Organizations: CNN, Olympic, Johns Hopkins Center for Health Security, Australian Olympic, US Centers for Disease Control, Paris, CNN Health, Paralympic, WHO, French Ministry of Health, European Centre for Disease Prevention Locations: Paris, ”, France, Australian, Tokyo, United States, Europe

☆ Middle East Crisis Netanyahu Under Pressure to Address Cease-Fire Calls in His Speech to Congress
▼ + stars: | 2024-07-24 | by ( Ephrat Livni | ) www.nytimes.com time to read: +5 min

Children walking near stagnant wastewater on their way to a food distribution point in Deir al Balah, in central Gaza, last week. The large number of people treated for war injuries — almost 90,000, Gaza’s health ministry says — and the surge in illness have overwhelmed Gaza’s diminished medical system. The Israeli military has launched two operations at Gaza’s largest hospital, Al-Shifa, fighting deadly battles with militants there. Before the war, Gaza’s health care system was “reasonably well functional,” said Dr. Rik Peeperkorn, the W.H.O.’s representative to Gaza and the West Bank. Now, fewer than half of its facilities remain even partly operational, he said, and its health care work force is severely depleted.

Persons: Sally Thabet, Deir al, “ Amoon, ”, Israel, Tedros Adhanom Ghebreyesus, poliovirus, Dr, Hanan Balkhy, —, Balkhy, Rik Peeperkorn, ’ Organizations: World Health Organization, Hamas, The New York Times, West Bank Locations: Deir al Balah, Gaza, Gaza City, Deir, Kandi, Gaza’s, Al, Israel

☆ Tesla's cars are starting to look pretty basic — and that's a problem
▼ + stars: | 2024-07-24 | by ( Grace Kay | ) www.businessinsider.com time to read: +5 min

But people looking for a flashy new design in Tesla's more traditional car lineup are stuck waiting for now. The Model S and Model X used to be the ultimate status symbol. In 2020, TikTok star Addison Rae made headlines when she was spotted in her bright pink Tesla Model X. And the design of the Model S and Model X hasn't been meaningfully updated since 2021. "If you start announcing some great thing, it affects our near-term sales," Musk said on Tuesday.

Persons: —, Tesla, Addison Rae, Brian Moody, Elon Musk, Tesla's, Edmunds, Ivan Drury, that's, Moody, Musk, Osborne, Stephanie Valdez, Valdez, Streaty Organizations: Service, Business, Cox Automotive, Streaty, Cox Automotive Industry, EV

☆ Opinion: What Gen Z’s ‘happily ever after’ looks like
▼ + stars: | 2024-07-24 | by ( Opinion Sara Forastieri Vicente | ) edition.cnn.com time to read: +9 min

But, to put it bluntly, it’s not you and it’s not me, it’s Gen Z. So half of Gen Z and millennials are simply opting for more inexpensive options. At a time when 90% of Americans agree we are in a mental health crisis, according to Pew Research, Gen Z is increasingly prioritizing self-care. With Gen Z, it starts from the first date. I don’t think it’s a coincidence that, when in a committed relationship, partners often refer to their significant other as their best friend.

Persons: Sara Forastieri Vicente, I’ve, —, it’s, Gen, We’ve, Zers, It’s, Gen Z, — it’s, Z, ”, “ Organizations: CNN, University of Pennsylvania, Pew Research Locations: situationships

The U.S. Small Business Administration recommends opening a business bank account once you're ready to spend money or begin collecting income. Whether you're a freelancer, small business owner, or full-scale corporation executive, a business bank account is an important stepping stone to becoming a fully-fledged business. Once you've developed a formal business plan and received the necessary certificates and licenses for your business, opening a business bank account will be the next step. These are the most common business bank accounts available at most banks:Business checking account : You can manage everyday business operations with a business checking account. Additional business documentationEvery business owner needs to provide basic business information to open a bank account, including the business name and address.

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Best United Credit CardsBest if you're not exclusively loyal to United: Chase Sapphire Preferred® CardBest premium travel card if you aren't loyal to United: Chase Sapphire Reserve®Best United credit card for non-elite flyers: United℠ Explorer CardBest for travelers who check bags: United Quest℠ CardBest United Airlines credit card for business travelers: United℠ Business CardBest for United Club airport lounge access: United Club℠ Infinite CardBest for budget travelers: United Gateway℠ CardBest for road warriors: Ink Business Preferred® Credit CardBest for luxury travel: The Platinum Card® from American ExpressBest for renters: Bilt Mastercard®Introduction to United Credit CardsUnited flyers are spoiled for choice when it comes to airline credit cards. Best United credit card for non-elite flyers United℠ Explorer Card Apply now lock icon An icon in the shape of lock. United Credit Card Frequently Asked QuestionsCan miles earned on United credit cards be used for other airlines? Each United card is considered a different product, so you can have more than one United card — for example, the United℠ Business Card and the United Quest℠ Card. Why You Should Trust Us: How We Chose the Best United Credit CardsWhen considering the best United Airlines credit cards, we examined cards beyond those simply with the United Airlines name on the front.

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Blue Cash Everyday Annual FeesThe Blue Cash Everyday® Card from American Express has no annual fee but does charge a variety of other fees. Compare the Amex Everyday CardAmex Everyday vs. Blue Cash EverydayThe Amex EveryDay® Credit Card is another no-annual-fee card, but unlike the Blue Cash Everyday® Card from American Express, it earns American Express Membership Rewards points instead of cash back. Amex Blue Cash Everyday vs. Blue Cash PreferredIf you're open to paying an annual fee, the Blue Cash Preferred® Card from American Express is another option worth considering. Read our in-depth comparison of the Amex Blue Cash Everyday card vs. the Blue Cash Preferred for more details. Amex Blue Cash Everyday Card Frequently Asked QuestionsIs the Blue Cash Everyday a good card?

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Business checkingFirst Citizens Bank Business Checking Account Start banking On First Citizens Bank's site. You can get more competitive rates if you have a Premier Business Checking account or Professional Business Checking account and can deposit a minimum of $5,000. How First Citizens Bank worksFirst Citizens Bank has both personal banking and business banking. How First Citizens Bank compares to similar institutionsWe compared First Citizens Bank business banking with two other institutions: Citizens Bank and IberiaBank. First Citizens Bank Citizens Bank Iberia Bank Business accounts Checking, savings, CDs, money market accounts Business accounts Checking, savings, CDs, money market accounts Business accounts Checking, savings, CDs, money market accounts Max.

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Where to purchase a money orderPost officesYou can get a money order through your local post office. If you're on the receiving end of a money order, you'll want to make sure the money order isn't counterfeit. If a stranger or a company you haven't heard of or worked with before is asking for a money order, make sure that they're legit before sending them a money order. Hand deliveryIf you're giving the money order to someone you know, you can always hand-deliver the money order. Unlike with cash, you can use your receipt to get a new money order if your first money order is lost or stolen, so there's less risk when carrying it to the recipient.

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☆ Lyft president Kristin Sverchek to exit on Aug. 20
▼ + stars: | 2024-07-23 | by ( Katie Bartlett | ) www.cnbc.com time to read: +1 min

An empty Lyft pickup area is shown as ride-share drivers hold a rally as part of a statewide day of action to demand that ride-hailing companies Uber and Lyft follow California law and grant drivers "basic employee rights," in Los Angeles on Aug. 20, 2020. Lyft announced Tuesday that company president Kristin Sverchek will be leaving on Aug. 20. Sverchek joined the company in 2012, and has also held positions as general counsel and president of business affairs. Lyft CEO David Risher said in the release that the company will be "forever grateful" to Sverchek, who "helped pour the foundation the entire rideshare industry rests upon." The company also said Sverchek will be entitled to severance benefits, including a $650,000 cash payment.

Persons: Uber, Lyft, Kristin Sverchek, Sverchek, David Risher Locations: California, Los Angeles

☆ Spotify has transformed from a great product into a great business and stock, Jim Cramer says
▼ + stars: | 2024-07-23 | by ( Paulina Likos | ) www.cnbc.com time to read: +2 min

Audio streaming giant Spotify has proven to be a "great business," and it's easy to see why it's become a strong-performing stock, too, CNBC's Jim Cramer said Tuesday. "This is a great business. It's just a great business, and that's what people are reacting to," Cramer said. SPOT YTD mountain Spotify's year-to-date stock performance. Looking ahead to the current quarter, Spotify said it expects monthly active users to improve on a sequential basis.

Persons: it's, CNBC's Jim Cramer, It's, Cramer Organizations: Spotify, U.S

Best Credit Cards With No Foreign Transaction Fee of 2024Discover it® Cash Back: Best with no annual feeChase Sapphire Preferred® Card: Best travel card with an annual fee under $100Chase Sapphire Reserve®: Best premium travel cardThe Platinum Card® from American Express: Best premium card with the most benefitsCapital One Venture Rewards Credit Card: Best card with the simplest reward structureIntroduction to No Foreign Transaction Fee Credit CardsForeign transaction fees are some of the most irritating charges associated with credit cards. Other credit cards offer higher rewards in certain categories of spending Insider’s Take If you want an easy, no-fuss travel rewards credit card, the Capital One Venture Rewards Credit Card is a great fit. Other credit cards offer higher rewards in certain categories of spending Insider’s Take If you want an easy, no-fuss travel rewards credit card, the Capital One Venture Rewards Credit Card is a great fit. No Foreign Transaction Fee Credit Card Frequently Asked QuestionsHow do foreign transaction fees work? Why You Should Trust Us: How We Chose the Best Credit Cards With No Foreign Transaction FeesVirtually all of the best travel rewards credit cards waive foreign transaction fees by this point, so for this guide, we focused on narrowing it down to the best options in various categories.

Persons: you’ve, Chase Travel ℠, Chase, Uber, Wiley, Julie Mehretu, Peacock, Uber Cash, Miles, There's, You'll, you'll Organizations: Chase, Chase Sapphire, American Express, Walmart, Discover, Chase Travel, Sapphire, Hotel, FDIC, TSA, Express, Hilton, Marriott, Saks, Entertainment, Disney, ESPN, The New York Times, Street, American, Global, Saks Fifth, Capital, Sapphire Reserve, Austin Airport, Amex, Visa, Mastercard, Business Locations: airfare, Hulu, Hong Kong, Boston, Chevron

☆ The Greek islands are grappling with a water crisis as tourist season kicks into gear
▼ + stars: | 2024-07-23 | by ( Laura Paddison | Chris Liakos | ) edition.cnn.com time to read: +8 min

CNN —The Greek Islands, known for their idyllic towns, rugged landscapes and sun-baked beaches, are in the grip of a serious crisis. “They combine lack of water resources — shallow aquifers, rare rivers or dams — with a tremendous rise in water demand during summer,” he told CNN. Kottakis blamed the crisis on Leros on a failure to maintain the island’s two desalination units, which are both in disrepair. Tourism is “unsustainable and zero-planned,” which is leading to a tremendous rise in water demand, said Mylopoulos, the university professor. Multiple wildfires raged and at least six tourists, including British TV presenter and doctor Michael Moseley and an American tourist, died as high temperatures scorched the Greek islands.

Persons: ”, Dimitris Lianos, Lianos, what’s, Stelios Misinas, Nikitas Mylopoulos, Kostas Lagouvardos, Panagiotis, Krontiras, ” Kottakis, Timotheos Kottakis, Kottakis, Mylopoulos, Michael Moseley, Vassilis Psomas, ” Krontiras, ” CNN’s Allison Chinchar, Brandon Miller, Sara Tonks Organizations: CNN, Reuters, University of Thessaly, National Observatory of, Farmers, Greek Navy Locations: Crete, Kefalonia, Naxos, Prokopios, Greece, Cycaldes, “, National Observatory of Athens, Panagiotis Krontiras, Tinos, —, Lagouvardos, British, American, Sofiko, Corinth, Greece's Peloponnese

☆ Kenyan protesters vow to seize country’s main airport as deadly unrest continues into sixth week
▼ + stars: | 2024-07-23 | by ( Larry Madowo | ) edition.cnn.com time to read: +2 min

Nairobi, Kenya CNN —Protesters in Kenya have vowed “a total shutdown” as they seize control of Nairobi’s main international airport on Tuesday as deadly anti-government demonstrations intensify, now entering their sixth week. At least 50 people have been killed during the protests and more than 400 injured, according to the Kenya National Commission on Human Rights. The cabinet nominees still need parliamentary approval, but they’re likely to be confirmed since Ruto’s party holds the required majority. On Sunday, the president expressed frustration with the protests, declaring that “enough is enough” after failed attempts at dialogue. “They keep saying they’re faceless, formless.

Persons: “, Police Douglas Kanja, William Ruto, Ruto, ” Ruto, I’ve Organizations: Kenya CNN — Protesters, Kenya National Commission, Human Rights, Jomo Kenyatta International Airport, ” Authorities, Police Locations: Nairobi, Kenya, Ruto

☆ Philadelphia is experimenting with guaranteed income pilots for pregnant people and housing insecure families
▼ + stars: | 2024-07-23 | by ( Allie Kelly | ) www.businessinsider.com time to read: +7 min

Read previewPhiladelphia has joined the national guaranteed basic income wave — with a focus on pregnant people and families experiencing housing insecurity. AdvertisementPhilly Joy Bank hopes to improve birth outcomesThe Philly Joy Bank pilot will offer $1,000 a month for 18 months to pregnant people beginning in their second trimester. It is a partnership between the Philadelphia Department of Public Health and the Philadelphia City Fund — with funding coming from the city and various foundations. Guaranteed income programs like Philly Joy Bank "should be the standard, not the exception," Coaxum said. Participants will pay about 30% of their personal monthly income toward housing, then they will receive guaranteed income to cover any remaining balance.

Persons: —, ALICE, Nia Coaxum, It's, Coaxum, Dawn Benson, Benson, Noah Sheidlower Organizations: Service, Philly Joy Bank, Business, Nonprofit United, Philly, Bank, Health, Philadelphia Department of Public Health, Denver, Philadelphia Community Action, Philadelphia City Fund, Children's Hospital of Philadelphia, city's Department of Public Health, Philadelphia Housing Development Corporation, University of Pennsylvania, BI Locations: Philadelphia, Pennsylvania, America, Area, Chicago, San Antonio , New York City, Tioga, Cobbs

Delta Gold Card OverviewThe Delta SkyMiles® Gold American Express Card is great for infrequent Delta flyers who often check luggage when traveling. Delta Gold Card Benefits and FeaturesThe Delta SkyMiles® Gold American Express Card offers a wide variety of benefits when you fly Delta or use the card for travel and shopping. As with most other cards, there are fees for other activities, including:Cash advance feeLate payment feeReturned payment feeCompare the Delta Gold CardDelta SkyMiles® Platinum American Express Card vs. Delta SkyMiles® Gold American Express CardThe Delta SkyMiles® Platinum American Express Card is a step up from the Delta Gold card. Delta SkyMiles® Reserve American Express Card vs. Delta SkyMiles® Gold American Express CardThe Delta SkyMiles® Reserve American Express Card is Delta's premium-tier credit card, with a sky-high annual fee of $650 to match. Delta Gold Card Frequently Asked QuestionsWhat does Delta Gold Card get you?

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☆ How Venezuela’s election could upend the geopolitics of the Americas
▼ + stars: | 2024-07-23 | by ( Stefano Pozzebon | ) edition.cnn.com time to read: +6 min

Caracas CNN —It would be easy to dismiss this Sunday’s presidential election in Venezuela as a fait accompli. The opposition campaign has re-energized its bases, and the candidature of Edmundo González has attracted widespread support in Venezuela and abroad. A chance to rebuild Venezuela’s economic power“On the ballot is how long it’ll take to fix Venezuela’s economy,” said Asdrubal Oliveros, founder of Caracas firm Ecoanalitica, in his weekly podcast on July 8. Once the fifth-largest economy in Latin America, today Venezuela’s economy has shrunk to the equivalent of a medium-sized city, smaller than say, Milwaukee, according to data from the IMF. As Venezuela’s economy has crumbled, around eight million Venezuelans have already fled their country, many of them scattered across South America.

Persons: Nicolas Maduro, ”, –, Laboratorio de Paz, Edmundo González, Asdrubal Oliveros, Andres, Maduro, Edmundo Gonzalez, Maria Corina Machado, Gabriela Oraa, Gonzalez, Consultores, Putin, Xi Jinping, who’s, “, Donald Trump Organizations: Caracas CNN —, Laboratorio, IMF, Andres Bello Catholic University, Central University of Venezuela, of American, World Bank, Inter, American Development Bank, Supreme, CNN Locations: Caracas, Venezuela, Ecoanalitica, Latin America, Milwaukee, AFP, United States, Americas, South America, Venezuelan, America, China, Iran, Russia, Miami, Cuba, Maduro, of American States, Mercosur, Algiers, Brussels, Buenos Aires, Spanish, Washington, Brexit, neofascism, Europe, India, Turkey, Philippines

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☆ How the hedge fund superstar went extinct
▼ + stars: | 2024-07-23 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

But for now, we're examining how the hedge fund superstar has gone extinct . The big storySo long, superstarGetty Images; Alyssa Powell/BIWhere have all the hedge fund superstars gone? AdvertisementIn years past, even rubbing shoulders with a legendary hedge fund manager was enough for aspiring fund managers to raise capital. Meanwhile, the hedge fund industry has also evolved. Aaron Weiner, a 31-year-old from Coatue, got a multibillion-dollar check from Millennium for his to-be-launched hedge fund .

Persons: —, Kamala Harris, Harris, Alyssa Powell, Insider's Linette Lopez, Julian Robertson, Griffin's, Izzy Englander's, Goldman Sachs, Jared Siskin, Bobby Jain, it's, Aaron Weiner, Jonathan Xiong's, Maja Hitij, Carl Godfrey, Apple, Sam Altman's, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Service, Democratic, Democratic Party Convention, Business, Getty, Management, Goldman, Madison, Park Conservancy, Citadel, Credit Suisse, Jain, ExodusPoint, Investment Partners, Blackstone, Elon Musk's, Big Tech, Bank of America, BI Founders, Forge, Apple, Google, General Motors Locations: Venture, Wall, Park, Coatue, Miami, London, New York

You also may need a few extra documents if you're opening a teen checking account or student bank account. Basic requirements for opening a bank accountHaving the following documents ready can help you prepare for bank account opening. Information for both people if you're opening a joint accountIf you're opening a joint bank account, you'll need all the necessary documentation for both people. Opening an account online vs. in-personOpening an account online is pretty similar to doing it in person — you just don't have to make the trip. Bank account opening FAQsCan I open a bank account without a Social Security number?

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New accounts have monthly fee waived for the first 6 monthsCheck mark icon A check mark. Insider’s Rating A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star 4 /5 Icon of check mark inside a promo stamp It indicates a confirmed selection. Offer valid through September 26, 2024. up to $450 (offer valid through September 26, 2024) Pros Check mark icon A check mark. No fee overdraft protection transfers from a linked deposit accountCheck mark icon A check mark. $50 overdrawn Available Balance safety threshold and Overdraft Fee Forgiven programCheck mark icon A check mark.

The information for the following product(s) has been collected independently by Business Insider: Marriott Bonvoy Boundless® Credit Card, Marriott Bonvoy Bountiful™ Card, Marriott Bonvoy Bold® Credit Card. That adds up quickly, so consider a balance transfer credit card or a zero-interest credit card offer if you need some time to pay off your credit card balance. There are also two mid-range Marriott cards to consider: Marriott Bonvoy Bountiful™ Card and Marriott Bonvoy Bevy™ American Express® Card, which both have a Marriott Bonvoy Bevy™ American Express® Card annual fee. Marriott Bonvoy Brilliant® American Express® Card vs. Marriott Bonvoy Boundless® Credit CardThe Marriott Bonvoy Brilliant® American Express® Card is a more premium card than the Marriott Bonvoy Boundless® Credit Card (with a $650 annual fee compared to $95). Marriott Bonvoy Brilliant® American Express® Card Frequently Asked QuestionsWhat credit score do you need for the Marriott Bonvoy Brilliant® American Express® Card?

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☆ Opinion | The Attacks on Kamala Harris for Not Having Kids Will Backfire
▼ + stars: | 2024-07-23 | by ( Jessica Grose | ) www.nytimes.com time to read: +2 min

On Sunday, almost immediately after prominent Democrats started endorsing Vice President Kamala Harris for president, attacks from the political right started pouring in. There were five others: George Washington, James Madison, Andrew Jackson, James Polk and James Buchanan. But more to the point, if you think that the concerns of parents and families will always be “abstract” to someone who doesn’t have children, you’re telling on yourself. It’s not simply that, by all accounts, Harris has a close, loving relationship with her stepkids. It should go without saying, but: Having children doesn’t necessarily make you a better person.

Persons: Kamala Harris, Will Chamberlain, Ron DeSantis’s, Harris, shouldn’t, ”, Harris wouldn’t, George Washington, James Madison, Andrew Jackson, James Polk, James Buchanan, Warren Harding, It’s, they’ll

☆ Harris has championed more progressive ideas than Biden
▼ + stars: | 2024-07-23 | by ( Tami Luhby | Meg Tirrell | ) edition.cnn.com time to read: +9 min

The Biden administration, along with congressional Democrats, broadened access to health insurance by temporarily beefing up the federal premium subsidies for Affordable Care Act policies. Providing middle class tax reliefAs a senator, Harris proposed providing middle-class and working families with a refundable tax credit of up to $6,000 a year (per couple) to help keep up with living expenses. Harris also campaigned on the measure – titled the LIFT the Middle Class Act, or Livable Incomes for Families Today – during her earlier presidential run. Like Trump, Harris proposed allowing the federal government to set “a fair price” for any drug sold at a cheaper price in any economically comparable country, including Canada, the United Kingdom, France, Japan or Australia. As California’s attorney general, Harris joined other states in pursuing several drugmakers for their pricing or practices, winning multimillion-dollar settlements.

Persons: Kamala Harris, Donald Trump, Joe Biden’s, Biden, Harris, Sen, Bernie Sanders ’, ” Harris, Sanders, Roe, Wade, ”, Kelly Baden, ” Baden, –, Trump, ’, John Gimigliano, Harris ’ Organizations: CNN, Affordable, Wall Street, Congressional, White, Guttmacher Institute, Biden, Today –, KPMG’s, KPMG’s Washington National Tax, Trump, Profit Locations: Minnesota, Biden’s, KPMG’s Washington, Canada, United Kingdom, France, Japan, Australia

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