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☆ I was kicked out of high school, so I turned to the Marines for a way forward. Now, I'm a corporate lawyer with degrees from Stanford and Harvard.
▼ + stars: | 2024-07-23 | by ( Elle Hardy | ) www.businessinsider.com time to read: +7 min

At 17, I was kicked out of high school because I skipped class to work at my fast-food job and hang out with my friends. I was always interested in the MarinesAfter getting kicked out of school, I enlisted in the Marine Corps. AdvertisementI got my GED and took 15 units of entry-level community college classes, like English 101 and US History. AdvertisementI left the military and began classes at a community collegeTragically, our first daughter died during birth. It's pretty amazing that a Black kid from a low-income family who didn't finish high school was able to achieve all of this.

Persons: —, Andrew Hanson, I'd, Stanford, I've, they've, Lauryn Haas Organizations: Service, Business, Marines, Marine Corps, School of Infantry, Tragically, Stanford, Columbia, Department of Justice, Harvard University, Department of Veterans Affairs, Harvard Locations: Virginia, Chicago, Camp Pendleton , California, Iraq, New Orleans, California, Washington, Cambridge , Massachusetts, Skadden, Slate, lhaas@businessinsider.com

Read previewThe results are in for Sam Altman's much-anticipated basic income study, one of the largest of its kind. AdvertisementThe debate over basic incomeThe study was inspired by Altman's belief in the importance of a basic income in the age of AI, which some fear could render millions of jobs obsolete. Related storiesThe idea of a universal basic income has been around for awhile, but rose to prominence as the center of Andrew Yang's 2016 presidential campaign. Other significant figures in the tech industry have since voiced support for some kind of basic income, including Twitter cofounder Jack Dorsey and Tesla CEO Elon Musk. Earlier this year, Altman also floated another kind of basic income plan, which he called a "universal basic compute."

Persons: —, Sam Altman's, Altman, OpenResearch, Elizabeth Rhodes, Cash, Andrew Yang's, Jack Dorsey, Elon Musk, Geoffrey Hinton, Sarah, Cara Organizations: Service, Business, OpenResearch Locations: Texas, Illinois

☆ Some Biden allies are publicly upset and furious after he was pushed out of the race
▼ + stars: | 2024-07-22 | by ( Tom Porter | ) www.businessinsider.com time to read: +1 min

Some of Joe Biden's allies aren't pleased he quit the race. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementWhen President Joe Biden announced Sunday that he was dropping out of the 2024 election, most top Democrats projected unity. But some longtime allies of the president weren't on script, sounding angry and betrayed. This story is available exclusively to Business Insider subscribers.

Persons: Joe Biden's, aren't, Kamala Harris, Critics, Biden, —, Joe Biden, weren't, Trump, Ron Klain Organizations: Democratic, Service, Business

☆ I burned out trying to be an overachieving parent. I learned it's OK to ask for help.
▼ + stars: | 2024-07-22 | by ( Amanda Miller Littlejohn | ) www.businessinsider.com time to read: +9 min

Then, I'd put them down for their afternoon nap, during which I'd work on projects for my consulting clients. I saw my overachieving as a way to set them up for future success in a hyper-competitive world. I learned it's OK to ask other parents for helpMy girl-mom network has shared hand-me-down winter coats, barely-worn Easter dresses, and pediatric specialist recommendations. But I've learned relying on my network to hook me up doesn't make me lazy, unserious, or checked out as a parent. AdvertisementThe author learned it's OK to ask for recommendations from friends and other parents while parenting her daughter.

Persons: Fela Kuti, John Coltrane, Jacob Lawrence, Romare Bearden, Jean, Michel Basquiat, We'd, I'd, Amanda Miller Littlejohn, —, hadn't, They've, I've, I'm, — I'm, they'll, It's Organizations: Service Locations: Tennessee

☆ The Secret Service is being held to an impossible standard, says a former royal bodyguard
▼ + stars: | 2024-07-22 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +4 min

The former president praised the Secret Service agents who piled in when a gunman opened fire at an election rally in Butler, Pennsylvania. Simon Morgan, a security expert and former bodyguard to the British royal family, said the criticism of the Secret Service hasn't been entirely fair. Secret Service agents were unfairly judged, Morgan saidMorgan cautioned members of the public with "limited knowledge" to think twice before commenting. "The only people who can comment on what happened are those Secret Service agents," Morgan said. But according to a local law enforcement officer and the Butler County sheriff, law enforcement weren't aware that he also had a gun.

Persons: —, Donald Trump, Simon Morgan, hasn't, Morgan, Trump, Anna Moneymaker, you've, I've Organizations: Service, Business, Trojan, Secret Service, Secret, New York, FBI, CBS News, Pennsylvania State Police, Trump Locations: Butler , Pennsylvania, It's, Buckingham, Butler County

Read previewMemes and celebrity endorsements have already set the tone for Kamala Harris' presidential campaign. Kamala HQ instead posted a Venn diagram, with the two outer circles, "Biden HQ" and "Kamala HQ" merging to form "holding Trump accountable." Across the social media landscape, the energy is palpable, said David Karpf, a professor of media and public affairs at George Washington University. "When you've got a good social media team that has arrived at a cultural moment and pent-up enthusiasm, they get to play with it." While Harris' team is focusing on younger voters and voters of color, the appeal of social media transcends age, North said.

Persons: —, Kamala Harris, Joe Biden, Biden's, Kamala, Harris, Biden, Kamala HQ's, kamala, Hawaii Sen, Brian Schatz, y8baSx44FL — Brian Schatz, Jared Polis, David Karpf, Obama, Karpf, you've, It's, Karen North, Charlie XCX, Hillary Clinton —, Hillary Clinton, Phoenix Andrews, Trump, Logan, Dana White's, They've, Gen Z Organizations: Service, Business, Trump, George Washington University, USC Annenberg, University of Aberdeen, UFC Locations: Hawaii, Colorado

☆ I'm happy I was an only child. It made me more independent and I got more financial support from my parents.
▼ + stars: | 2024-07-21 | by ( Sandrine Jacquot | ) www.businessinsider.com time to read: +3 min

When I was a little girl, I used to ask my mom to adopt another child so that I could have an older sister. But once I started to get older (and learned how to be self-conscious), I wanted an older sibling to "show me the ropes," in a sense. And now, as a young woman who successfully (I hope) made it through being a teenager, I'm happy with that. I didn't need an older sibling figure to look up to, or one to look out for me. Even though I'm highly independent, I still ask my parents how to do things (like filing insurance claims).

Persons: I'm, Sandrine Jacquot, I've Organizations: Service

☆ I talked to 70 parents who raised highly successful adults: 4 things they always did when their kids were young
▼ + stars: | 2024-07-20 | by ( Margot Machol Bisnow | ) www.cnbc.com time to read: +3 min

For my book "Raising an Entrepreneur," I interviewed 70 parents who raised highly successful adults about how they helped their kids achieve their dreams. Here are the four things that the parents of the most successful people always did when their kids were young:1. Although many of the parents didn't understand their kid's passion, they supported them, because they saw the joy their child got from it. The most successful adults grew up knowing that their parents would always be there for them, no matter what they tackled. As their children grew more capable, the parents also resisted the temptation to do or fix things for them.

Persons: weren't, Billie Jean King, it's

☆ My ex and I broke up a month before our wedding day because planning was so stressful. I'm never doing it again.
▼ + stars: | 2024-07-20 | by ( April Zimmerman | ) www.businessinsider.com time to read: +5 min

One is from a styled photo shoot my friend invited me to model for just three months after my engagement ended. The other shows the bride who bought the dress from me four years later, wearing it on her wedding day. But when I fell in love in my late 20s, and got engaged two years later, those dreams faded during our wedding planning process. Ultimately, our relationship ended a month before the wedding — influenced by the stress and family tensions, though not solely because of them. I was doing a lot for other peopleBefore I started planning my own wedding, I was swept up in the often-glamorized process.

Persons: —, fiancé, I've, it's Organizations: Service, Business Locations: Napa, Puerto Rico, New Jersey, Old San Juan, New Zealand

☆ The Trump trade: how a red wave could impact stocks, bonds, and commodities
▼ + stars: | 2024-07-19 | by ( Laila Maidan | ) www.businessinsider.com time to read: +9 min

Read previewAs we near the November elections, investors are increasingly focused on what a Donald Trump win would mean for global markets and economies. The charts below show how stock sectors moved in the 24 hours after the debate and how a Trump administration might impact sectors with varying regulatory burdens. If Trump wins, investors will need to cut through the noise and at least understand how he might impact different parts of the economy. Where monetary policy is concerned, leading economist Christophe Barraud believes a Trump administration could pressure the Federal Reserve to be very accommodative on rates, in other words, steeper or sooner cuts. It expects a Trump Administration to allow LNG export permits after the Biden Administration attempted to halt them.

Persons: —, Donald Trump, Goldman Sachs, Joe Biden, Trump, Solita, Samantha Lamas, Goldman, Goldman's Jan Hatzius, Christophe Barraud, Bloomberg Businessweek Trump, Morgan Stanely, Morgan Stanley Organizations: Service, Trump, Business, Trump Media, Technology, UBS, Americas Global Wealth Management, Morningstar, Federal Reserve, Bloomberg Businessweek, Korea, Asia Pacific's, Republican, Trump Administration, Biden Locations: Predictit, Mexico, Canada, China, Japan, Germany, Asia, Goldman Sachs, Washington

☆ The Microsoft-CrowdStrike outage could spur a Big Tech trust reckoning and threaten tech giants' plans for AI
▼ + stars: | 2024-07-19 | by ( Ana Altchek | ) www.businessinsider.com time to read: +6 min

It also exposes the fragility of those systems and raises the question: Does Big Tech deserve our trust to properly safeguard a technology as powerful as AI? He said Big Tech companies evaluate systems based on if they work "pretty well most of the time," because there's a rush to get products to market. He said big tech companies should have alternative vendors and a multi-layered defense strategy. Big Tech companies, including Facebook, Amazon, and Google, saw the sharpest drop in trust, with an average decline in confidence ratings of 13% to 18%, according to Brookings. Big Tech companies have had "free rein," Patnaik said.

Persons: —, CrowdStrike, Gary Marcus, Marcus, John Schulman, Dan O'Dowd, there's, Javad Abed, Johns Hopkins, Abed, Sanjay Patnaik, Patnaik Organizations: Service, Big Tech, Tech, Business, Microsoft, Geometric Intelligence, Uber, Tesla's, BI, Companies, Google, Adobe, US Department of State, Johns, Carey Business School, Brookings Institution, Facebook Locations: Brookings

☆ I grew up in France and the US but America is the best place for a go-getter like me
▼ + stars: | 2024-07-19 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +5 min

I grew up in a blue-collar neighborhood in Toulon, in the south of France. In France, my sister, who was a year and a half older, and I would walk to school when I was six. I struggled with moving back to FranceOur family moved back to France when I was 14. In France, you're stuck at the bottom if you don't have the right connections. Europe is better for work-life balance and a better quality of life, but the US is the place to be if you're a go-getter like me.

Persons: —, Arthur Begtine, Begtine, we'd, I've Organizations: Service, Business, France Locations: Atlanta, France, Toulon, Tunisia, Nice, Georgia, Ernstein, Spanish, York, Pelham , New York, New York, Europe, Montreal, Canada

☆ U.S. stock exchanges operating normally, issue with FTSE Russell indexes amid global outage
▼ + stars: | 2024-07-19 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

A trader works on the floor at the New York Stock Exchange on July 3, 2024. "NYSE markets are fully operational and we expect a normal open this morning," a spokesperson for the exchange said Friday. There were other issues, though: Russell US Indexes, which include the closely watched Russell 2000 small-cap gauge, were not calculating after the market open. "This disruption is affecting FTSE Russell real-time indices. Though the Russell indexes weren't updating on digital platforms, the various indexes were being calculated without interruption.

Persons: Russell, Gregory Falco Organizations: New York Stock Exchange, Nasdaq, NYSE, Russell, Cornell University cybersecurity

☆ Droughts are threatening California's water supply. The state is racing to save what's left.
▼ + stars: | 2024-07-19 | by ( Leila Jordan | ) www.businessinsider.com time to read: +10 min

In 2012, San Francisco's Public Utilities Commission began developing the Onsite Water Reuse Program to investigate whether water reuse, also known as water recycling, in buildings could be a solution to California's water problem. The adoption of on-site water reuse can also be a sensible decision for developers. Water reuse to overcome hurdlesWhile large plants and on-site water systems in major buildings have been California's more established methods of water reuse, the state's biggest hurdle is retrofitting systems for existing buildings. During times of drought, the state has encouraged water conservation and water recycling, such as the use of recycled water for plants. In 2023, California made progress toward establishing recycled water for direct potable reuse and allowing recycled water to be used in the state's drinking-water supply.

Persons: —, Paula Kehoe, Kehoe, Aaron Tartakovsky, Tartakovsky, Cleantec, They're, Phoenix's Aquacell, Cleantec Erik Porse, Porse, It's Organizations: Infrastructure, Service, Public Utilities Commission, San Francisco Public Utilities Commission, California Institute for Water Resources, Brewing, Texas Locations: California, Silicon, San Francisco, San Francisco's, Beverly Hills, San, Iowa, States, Virginia, Texas, Florida, Hawaii, East Coast, Southern California, In Texas

☆ Technical outages show the importance of safeguarding critical systems: The Chertoff Group CEO
▼ + stars: | 2024-07-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTechnical outages show the importance of safeguarding critical systems: The Chertoff Group CEOChad Sweet, The Chertoff Group co-founder and CEO, joins 'Money Movers' to discuss how unique CrowdStrike's outage is, if anything suggests there weren't the proper quality controls around the update, and much more.

Persons: Chad Sweet Organizations: Chertoff

☆ I'm a software engineer stranded in the IT outage airport chaos. CrowdStrike broke a cardinal rule of software development and I can't believe the fallout.
▼ + stars: | 2024-07-19 | by ( Charissa Cheong | ) www.businessinsider.com time to read: +6 min

CrowdStrike is well-known in the cybersecurity industry, but until today, I don't think anyone was aware of its dominance as a platform on Windows. However, CrowdStrike might have evidence to suggest that this is a freak accident, so I don't think it's fair to point fingers too much. I don't think that's realistic. I don't think anyone really understood the true scope and presence of CrowdStrike before today. I don't think technology is intrinsically good or evil; it depends on how it's used and regulated.

Persons: —, Ahmed Al Sharif, Al Sharif, I've, Al Sharif's, I'm, It's, You'll, CrowdStrike, it's Organizations: Service, EA, Meta, Business, Barcelona International, London Heathrow, El, Airport Locations: Barcelona, London

☆ The mass IT outage is causing chaos, but social media users are having a field day
▼ + stars: | 2024-07-19 | by ( Alexandra Bacon | ) www.businessinsider.com time to read: +4 min

While businesses scramble to deal with the consequences of the hit, social media users are responding in the best way they know how: memes. 'The blue screen of death'Many PC users logged on to their computers on Friday to be met with Window's so-called blue screen of death. Attached is a photo of five laptops on an office desk, all displaying the "blue screen of death." Advertisement"Crowdstrike is accomplishing what we thought Y2K would be, it's quite impressive," one user posted on X. AdvertisementSocial media users have been quick to point out the irony of how CrowdStrike's software, which is meant to prevent businesses from being brought down, has ended up accidentally causing so much chaos.

Persons: —, Window's Organizations: Service, Microsoft, Business Locations: Las Vegas

☆ We moved our family to Florida for my husband's job. It ruined our marriage — and I'm back in Ohio with the kids.
▼ + stars: | 2024-07-19 | by ( Candace Powell | ) www.businessinsider.com time to read: +4 min

Read previewI've moved a lot throughout my life — across town, down the road, and from one state to another. But one move, from Ohio to Florida, cost me my husband of nearly 11 years. My husband's job required him to leave right away — three months before the kids and I could. AdvertisementBy the time we could join him, he'd already created a life for himself and seemed fully immersed in Florida culture. Three months after returning to Ohio, my husband, whom I'd been with for 14 years, packed his bags and moved out.

Persons: —, we'd, Blake Callahan, he'd, I'd, I've, it's, I'm Organizations: Service, Business Locations: Ohio, Florida, untangling

☆ 7 creative ways hot destinations are combating overtourism, from obstructing views to etiquette violation fines
▼ + stars: | 2024-07-19 | by ( Joey Hadden | ) www.businessinsider.com time to read: +1 min

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 . AdvertisementToo many tourists visit the world's hottest destinations, from Italy to Amsterdam and Barcelona. Travel sustainability experts previously told Business Insider that overtourism negatively impacts destinations. This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Service, Business Locations: Italy, Amsterdam, Barcelona, Europe

☆ 8 of the biggest stock market crashes in history — and how they changed our financial lives
▼ + stars: | 2024-07-19 | by ( Rebecca Reisner | Richard Richtmyer | ) www.businessinsider.com time to read: +20 min

While the triggers for stock market crashes vary, the ultimate outcome is always the same: the market recovers. Here's a summary of eight of the most notable stock market crashes in history, their causes, and their fallout. Stock market crash FAQWhat happens when a stock market crashes? Numerous things can cause a stock market to crash, including:PanicNatural or man-made disastersEconomic crisesSpeculationCan a stock market crash be prevented? Unlike a bear market, stock market corrections are often short and usually work themselves out.

Persons: It's, Terry Marsh, Here's, Stocks, Carola Frydman, J.P, Morgan, —, Blair Hull, Alan Greenspan, Marc Chandler, Marsh, weren't, Tyler Muir, Thai bhat, Paula Bronstein, Stringer, Chandler, chipmaker, WebVan.com, Muir, The, Lehman Brothers, NICHOLAS ROBERTS, homebuyers, Bear, Lehman, Fannie Mae, Freddie Mac, Dodd, Frank Wall, Europe —, Italy — Organizations: Federal Reserve System, SEC, FDIC, Haas School of Business, University of California, Federal Reserve, United Copper Company, UCC, Kellogg School of Management, Northwestern University, Federal, System, Dow Jones, Gross, Federal Deposit Insurance Corporation, Securities and Exchange Commission, Dow, Nasdaq, Chicago, Black, Bannockburn Global Forex, UCLA Anderson School of Management, Getty, Asia, International Monetary Fund, chipmaker Qualcomm, The Sarbanes, Oxley, Investors, Financial, Bear Stearns, Lehman Brothers, Nikkei, US, Asset, Frank Wall Street Reform, Consumer, Consumer Financial, Dow Jones Industrial, Center, Budget, Stock, Corrections Locations: University of California Berkeley, AFP, Iran, Bannockburn, Japan, Thai, Asia, Thailand, Malaysia, Indonesia, South Korea, COVID, China, Europe, Italy, Chevron

☆ Why Apple doesn't suffer outages like this
▼ + stars: | 2024-07-19 | by ( Jordan Hart | ) www.businessinsider.com time to read: +1 min

Windows devices suffered a global outage, but Mac and Linux remain unaffected, CrowdStrike said. 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 . AdvertisementWhile Windows users suffered from a global IT outage, Mac owners weren't affected by the defect responsible. Many businesses have been held up by the "blue screen of death" on their Microsoft devices since early Friday morning, but it's business as usual for Mac users, according to CrowdStrike CEO George Kurtz.

Persons: CrowdStrike, —, George Kurtz Organizations: Linux, Service, Microsoft, Mac, Business

☆ I've visited over 40 countries. These are 6 of the most overrated tourist attractions I've ever seen.
▼ + stars: | 2024-07-18 | by ( Jonathan Levin | ) www.businessinsider.com time to read: +1 min

I've traveled to over 40 countries and visited many of the world's popular tourist attractions. Though many attractions are worth seeing, some didn't live up to the hype. AdvertisementHaving visited over 40 countries, I've been fortunate enough to experience many of the world's most famous tourist attractions. About 89% of American travelers said they've visited more than one tourist trap in the past two years, according to a recent survey by PhotoAiD . I think many popular attractions are worth going out of the way for, but not every one I've seen has lived up to its hype.

Persons: I've, —, they've Organizations: Service, Business

The information for the following product(s) has been collected independently by Business Insider: Ink Business Premier® Credit Card, Southwest Rapid Rewards® Premier Credit Card, Chase Freedom Flex®. But if saving cash is more important to you, Chase's Pay Yourself Back program can help you save money by using your credit card rewards to pay off certain charges on your card. As the name suggests, Pay Yourself Back allows you to use your credit card rewards to pay off certain charges on your card. Eligible Chase CardsThe Pay Yourself Back program is available on the Chase Freedom, Ink, and Sapphire credit cards, as well as the co-branded Aeroplan® Credit Card, United credit cards, and Southwest credit cards. If you have a Chase Sapphire Reserve®, you should also consider applying for another Chase card that could help you maximize this benefit.

Persons: Chase Travel ℠, Chase, you'll, Cash Organizations: Business, Ink, Rapid Rewards, Read, Chase, Chase Travel, Sapphire, Chase Sapphire, TSA, FDIC, United, Humanity International Medical Corps International, Conference Education Fund NAACP Legal Defense, Education Fund National, SAGE Thurgood Marshall College Fund United Negro College Fund UNICEF, Air, ®, Chase Travel Partners, Air France, KLM, Blue Locations: Southwest, Air Canada, Europe, Chevron

☆ I got a 2.75% mortgage rate when most other homebuyers were being quoted 7%. Now I can save more for retirement.
▼ + stars: | 2024-07-18 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +6 min

An assumable mortgage allows qualifying buyers to acquire the interest rate, current principal balance, and other conditions of a seller's existing loan. In June, we bought it for $400,000, assuming the seller's mortgage at a 2.75% interest rate with 26 years left on a 30-year fixed-rate loan. The assumable mortgage process was actually straightforwardBefore starting the assumption, we thought it would be very difficult. It seemed that they were trying to steer us away from the assumable mortgage and toward getting a new one. They even offered us a lower interest rate below the current rate, but it was still significantly higher than what I was getting through this assumable process.

Persons: —, Brian Sankey, We've, wouldn't, Sankey, Taryn Root, Brian Koellish, it's Organizations: Service, Business, Veterans United, Loans Locations: Kentucky, Elizabethtown, Fort Knox , Kentucky, Elizabethtown , Kentucky

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