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☆ Retiree Travels the World As a House-Sitter, Rents Own Home on Airbnb
▼ + stars: | 2024-02-01 | by ( Claire Turrell | ) www.businessinsider.com time to read: +6 min

I resigned from my job and booked my first house sit that winter in Breckenridge, Colorado. How to choose a good house sitI have now completed over 25 house sits. When I take on a house sit, I make sure I'm close to public transport or have access to a car. However, I've been so busy with house sits recently I haven't stayed there for almost a year. My last house sit in Naples, Florida, included two dogs, two cats, a guinea pig, two geckos, and a tortoise.

Persons: —, Bernadine, you'd, would've, I'd, wouldn't, shih, I've, haven't Organizations: Service, Business, Lady, Social Security, Virgin Islands, New Zealand Locations: Bernadine Swale, Swale, Denver, Breckenridge , Colorado, New Zealand, New York, Botswana, St Croix, Virgin, Caribbean, Japan, States, Airbnb, United States, Naples , Florida

☆ Federal Reserve holds interest rates steady, sets the stage for cuts. What that means for your money
▼ + stars: | 2024-01-31 | by ( Jessica Dickler | ) www.cnbc.com time to read: +3 min

Greg McBride chief financial analyst at Bankrate"Below the surface, 60% of households are living paycheck to paycheck," McBride said. Now, with rate cuts on the horizon, consumers will see some of their borrowing costs come down as well, although deposit rates will also follow suit. From credit cards and mortgage rates to auto loans and savings accounts, here's a look at where those rates could go in the year ahead. Going forward, annual percentage rates will start to come down when the Fed cuts rates but even then, they will only ease off extremely high levels. Mortgage ratesDue to higher mortgage rates, 2023 was the least affordable homebuying year in at least 11 years, according to a report from real estate company Redfin.

Persons: Greg McBride, McBride, Doug Duncan, Fannie Mae, It's, Jessica Caldwell, Edmunds Organizations: Treasury, Fed Locations: Edmunds

☆ DHS Secretary Alejandro Mayorkas pens scorching letter ahead of House Republicans' impeachment hearing: 'Your false accusations do not rattle me'
▼ + stars: | 2024-01-30 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +4 min

Read previewHomeland Security Secretary Alejandro Mayorkas penned a blistering rebuttal on Tuesday morning hours ahead of House Republicans' expected vote that moves the party one step closer to impeaching the first Cabinet secretary in almost 150 years. Green's committee will meet Tuesday morning to consider two articles of impeachment against Mayorkas in response to Republicans' aversion to the Biden administration's immigration policies. Republicans control the committee and are expected to approve the articles, setting up a full House vote. Even some House Republicans have expressed reservations over the party's case against Mayorkas. House Republicans are aghast over the current situation on the U.S. southern border.

Persons: —, Alejandro Mayorkas, Mayorkas, Mark Green, Mike Johnson, Joe Biden's Organizations: Service, House Republicans, Business, Republican, House Homeland Security, Biden, Republicans, Punchbowl News, House Democrats, Russia, Democratic, White House, Customs, Border Protection Locations: Ukraine, U.S

☆ Premarket stocks: The US is pulling ahead in the economic race with China
▼ + stars: | 2024-01-29 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +6 min

It appears that a soft landing, where price rises are tamed and the economy manages to avoid recession, is possible. Before the Bell: Is it fair to say that the US is outpacing China in the race for economic supremacy? Just last year people might have said the opposite — that the US was heading towards recession and the Chinese economy was thriving. It is remarkable to see the US economy blazing ahead while the Chinese economy sputters and slips into deflation. What else should investors be aware of when they read about the Chinese economy?

Persons: Bell, Eswar Prasad, Jamie Dimon, he’s, Marianne Lake, Jennifer Piepszak, Piepszak, Troy Rohrbaugh, Rohrbaugh, Dimon, hasn’t, “, Brian Fung, Oregon Democratic Sen, Ron Wyden, Biden Organizations: CNN Business, Bell, New York CNN, Cornell University, International Monetary, JPMorgan, JPMorgan Chase, Bloomberg, NSA, National Security Agency, Oregon Democratic, Pentagon, CNN Locations: New York, China, Oregon

☆ I fled Ukraine and moved to Colorado. Starting over has been the biggest challenge of my life.
▼ + stars: | 2024-01-29 | by ( Jen Glantz | ) www.businessinsider.com time to read: +6 min

Now they own a small business in Colorado and have built a life for themselves. AdvertisementThis as-told-to essay is based on a conversation with Mykhaylo Fridlyand, 43, who left Ukraine to move to Colorado. When Russia invaded Ukraine in March 2022, I was snowboarding in Andorra with my girlfriend, Kristina. We moved to Colorado in search of new work and moneyFridlyand and Kristina in Colorado. AdvertisementI miss my family and friends but don't want to go back to UkraineStarting over has been the biggest challenge of my life.

Persons: Mykhaylo Fridlyand, —, Kristina, I'd, Dodge Ram, Fridlyand, wouldn't, I'm Organizations: Service, Dodge, Google Locations: Russia, Ukraine, Greece, Colorado, Andorra, United States, America, Mexico, Miami, Aurora

☆ Meet a millennial DINK who's grateful for the flexibility of a childfree lifestyle during a medical crisis
▼ + stars: | 2024-01-28 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +4 min

He and his partner chose a wait-and-see approach to having kids. Now dealing with personal hardship, Bernard is grateful a child doesn't have to deal with it, too. From a financial standpoint, being a DINK has meant flexibility — and the ability to spoil his dog "big time." "It's like saving lots of money, a kid versus dog day care, just on a purely financial perspective," he said. Advertisement"This whole experience has made me honestly more grateful to be a DINK than ever," Bernard said.

Persons: Bernard, —, DINK, DINKs, there's, that's, he'd, I've, I'd Organizations: Service

☆ In many ways, Gen Zers are better off than their parents were 30 years ago, but fewer are financially independent — here's why
▼ + stars: | 2024-01-27 | by ( Jessica Dickler | ) www.cnbc.com time to read: +2 min

However, Gen Z adults are also less likely to own a home, be married or have children. Pew surveyed about 1,500 adults between the ages of 18 and 34 and more than 3,000 parents of adult children. Gen Z is generally defined as those born between 1996 and 2012, including a cohort of teens and tweens. Now, 25% of young adults live in a multigenerational household, up from just 9% five decades ago. Meanwhile, as living with mom and dad has become more common for young adults — it's also more socially acceptable, according to Parker.

Persons: Gen, Pew, Zers, Kim Parker, they've, Nicole Smith, that's, Janet Yellen, — it's, Parker Organizations: Pew Research Center . Pew, Georgetown University Center, Education, Workforce, CNBC, Treasury, Pew Research Center

☆ Opinion: Martha Stewart is a feminist icon in ways you may never have imagined
▼ + stars: | 2024-01-27 | by ( Opinion Sarah Archer | ) edition.cnn.com time to read: +10 min

The new CNN Original Series “The Many Lives of Martha Stewart” premieres Sunday, January 28 at 9pm ET/PT. CNN —It’s rare to meet someone who’s totally indifferent to Martha Stewart. For women who remember the “Martha Stewart Living” media empire at the zenith of its influence — the 1990s — she can inspire a feeling of inadequacy. American media mogul and businesswoman Martha Stewart stands in a kitchen in August 1976. Snoop Dogg and Martha Stewart at a private table in the kitchen of Nice Guy in West Hollywood, Calif., Oct. 25, 2016.

Persons: Sarah Archer, ”, Martha Stewart ”, who’s, Martha Stewart, Sarah Archer Sarah Archer, she’s, Justin Bieber, Snoop Dogg, Martha, Martha I, steely perfectionism, homekeeping, Julia Child, doughty, “ Martha Stewart, Jadeite, Marc Morrone, Susan Wood, —, Anna Wintour, Nice Guy, Kendrick Brinson, Dobbs, they’ve Organizations: New York Times, Vox, Washington Post, Culture, CNN, Comedy Central, Sports Illustrated, Reading, Vogue Locations: Philadelphia , PA, Japan, Las Vegas, Turkey, Nice, West Hollywood, Calif, America, California

WASHINGTON (AP) — A bipartisan Senate deal to pair border enforcement measures and Ukraine aid faced potential collapse on Thursday as Senate Republicans grew increasingly wary of an election-year compromise that Donald Trump, the likely Republican presidential nominee, seems likely to oppose. At stake is a plan that both President Joe Biden and Senate Republican Leader Mitch McConnell have worked for months to broker in hopes of cajoling Congress to approve wartime aid for Ukraine. “We’re at a critical moment, and we’ve got to drive hard to get this done," said South Dakota Sen. John Thune, the second-ranked Senate Republican. With Republicans continuously raise the issue on the campaign trail, the border will likely remain central to elections this year. They have argued that presidents already have enough authority to implement hardline border measures and Trump should have his say.

Persons: Donald Trump, Joe Biden, Mitch McConnell, McConnell, “ We're, ” McConnell, Ukraine's, McConnell's, Oklahoma Sen, James Lankford, he’s, ” Lankford, “ That’s, haggling, Olivia Dalton, Biden, ” Dalton, “, we’ve, Dakota Sen, John Thune, we’ll, Trump, Connecticut Sen, Chris Murphy, didn’t, ” Murphy, ”, Sen, John Cornyn, Rick Scott, ” Sen, J.D, Vance, unquote ‘ MAGA, unquote ‘ MAGA Republicans ’, Mike Rounds, Kevin Freking, Seung Min Kim Organizations: WASHINGTON, Republicans, Republican, Trump, Senate, White, Air Force, Democratic, Senate Republicans, Texas Republican, Florida Republican, Ohio Republican, unquote ‘ MAGA Republicans, South Dakota Republican, Associated Press Locations: Ukraine, U.S, Mexico, The U.S, Israel, Oklahoma, Dakota, Europe, Congress, Connecticut, Trump, Texas, Florida, Ohio

More than 8.5 million abandoned homes in rural Japan are creating a "ghost town" problem. There are more than 8.5 million akiya , or abandoned homes, in rural Japan, according to the country's 2018 Housing and Land Survey, its most recent on record. The institute predicts akiya could exceed 30% of homes in Japan by 2033. As Richard Koo, the chief economist at NRI, told them at the time, the Japanese countryside has been hollowing out since the mid-'90s. Why aren't more Japanese people buying abandoned countryside homes?

Persons: —, who've, Richard Koo, There's, Chris McMorran, Koo, Douglas Southerland, McMorran, Natasha Durie, Durie, Eric McAskill, McAskill, Jaya Thursfield, Chihiro, Kurosawa, Joey Stockermans, akiya Organizations: Service, Survey, Nomura Research Institute, Business Insider's, NRI, National University of Singapore, of Anthropology, Ethnography, Oxford University, Canadian Real Estate Association Locations: Japan, Business Insider's Singapore, Gifu, Vancouver, Canada, Nagano Prefecture, England, Ibaraki Prefecture, London, North America, Kyushu, akiya

☆ Art dealer George Bergès detailed terms of Hunter Biden deals to House committees
▼ + stars: | 2024-01-23 | by ( Katherine Doyle | ) www.cnbc.com time to read: +5 min

Bergès said that there was never any conversation with his buyers about political favors from the president or White House. It also counters statements by the White House that Hunter Biden does not know the identity of his collectors. The press secretary later clarified that it was not the White House itself that helped create the arrangement. Hunter Biden last week pleaded not guilty to nine tax-related charges, including three felony counts, related to his business dealings between 2016 and 2020. Bergès said another buyer known to Hunter Biden was Elizabeth Hirsh Naftali, a prominent Democratic donor who received a White House appointment last year.

Persons: Hunter Biden, George Bergès, Bergès, Joe Biden, Biden White, Biden's, Hunter, Kevin Morris, Morris, James Comer, Elizabeth Hirsh Naftali, Abigail Eden, Hirsh Naftali, Hirsh Naftali's, White, Nancy Pelosi's, — Ryan Nobles Organizations: NBC News, Republicans, White, White House, Hunter, U.S . Commission, America's

☆ It’s primary time in New Hampshire. Here’s a snapshot of the Granite State’s economy
▼ + stars: | 2024-01-23 | by ( Alicia Wallace | Tami Luhby | ) edition.cnn.com time to read: +10 min

New York CNN —New Hampshire, the “first-in-the-nation” primary state (which will hold those elections Tuesday), has been a relatively “better-off” state than most others nationally. Median income/povertyThe typical New Hampshire household has a higher income compared to the average in the United States, and a smaller share of state’s residents are in poverty. Southeastern New Hampshire — where three-quarters of the state’s residents live — benefits from being close to the Boston metropolitan area, said Phil Sletten, research director at the left-leaning New Hampshire Fiscal Policy Institute. Some 42% of New Hampshire residents approved of Biden on the economy, with 55% disapproving, according to a November CNN/University of New Hampshire poll. But when it comes to their personal finances, New Hampshire residents are downbeat.

Persons: ’ ”, Charlie Dougherty, ”, ” Dougherty, “ You’ve, Patricia M, Anderson, Patrick Connelly, ” Connelly, that’s, Brian Gottlob, “, Spencer Platt, Lori Harnois, Gottlob, Phil Sletten, Sletten, Joe Biden, Biden, Gina Ferazzi Organizations: New, New York CNN —, United States, of Labor Statistics, Wells, Labor, Reserve, Dartmouth University, CNN, Housing, Tax Foundation, Tourism, Census, Granite State, Survey, New Hampshire —, University of New, Commerce Department, University of New Hampshire Survey Center, Patrons, Los Angeles Times, Independents Locations: New York, New York CNN — New Hampshire, Granite, New Hampshire, Boston, , New Hampshire, “ New Hampshire, “, Hampshire, Chester , New Hampshire, Manchester, Devon, Bartlett , New Hampshire, Ohio, Washington, New, Canada, Pennsylvania, United States, Granite State, University of New Hampshire, Colebrook , New Hampshire

☆ This US couple bought a home in the ‘forgotten region’ of Italy. Here’s what happened next
▼ + stars: | 2024-01-22 | by ( Tamara Hardingham-Gill | ) edition.cnn.com time to read: +12 min

New beginningChuck Stevens and Ben Di Rienzo bought a home in the town of Vinchiaturo Molise in southern Italy’s Molise, known as the ‘forgotten region.' “For the first couple of months, it felt like we were on vacation,” says Di Rienzo. “Just learning about real Italian life living. “The chefs in the area here really put their heart and soul into things,” says Di Rienzo. “The expectation of getting your house renovated within six months to a year, that’s not going to happen,” says Di Rienzo.

Persons: Charles “ Chuck ” H, Stevens, Berardino, Ben ” Di Rienzo, who’ve, ” Stevens, Di Rienzo, Chuck Stevens, Ben Di Rienzo, Ben DiRienzo, Covid, they’d “, “, ”, Di Rienzo’s, “ Ben, ’ ”, ’ ” Di Rienzo, –, ” Di, they’d, they'd, Max, “ We’ve, They’ve, they’ve, ’, he’s “, Rienzo, Ben DiRienzo “, that’s, It’s, I’m Organizations: CNN, CNN Travel, “, US, ” Locations: Manhattan, New Jersey, “ New York, Italy, Vinchiaturo Molise, Italy’s Molise, Europe, United States, “, Italian, Molise, Tuscany, Amalfi Coast, America, New York

While vice presidential candidates typically aren't picked until after a candidate has locked down the nomination, Trump's decisive win in last week's Iowa caucuses and the departure of Florida Gov. That interest comes despite the fate of Trump’s first vice president, Mike Pence. Political Cartoons View All 253 ImagesThe Trump campaign has held several events in both Iowa and New Hampshire with high-profile surrogates. Tim Scott’s a very, very good dude and would make a great vice president,” he said. “I absolutely love what she did, this whole thing with the Harvard.”Ingrahm-Kelly, who is leaning toward voting for Trump on Tuesday, said she also likes the idea of another woman vice president.

Persons: Donald Trump’s, Elise Stefanik, Trump's, Ron DeSantis, Republicans covet, Trump’s, Mike Pence, Pence, Trump, Joe Biden’s, Stefanik, “, ”, I'd, I've, Sen, JD Vance, Kristi Noem, Kari Lake, Marjorie Taylor Greene, Vivek Ramaswamy, Tim Scott of, Donald Trump, Scott, Bret Baier, ” Jason Miller, —, wouldn't, backfiring, Vance, Nikki Haley, Kristi Noem’s, Tim Scott’s, Haley, Trump's “ MAGA, Donald Trump Jr, Sarah Huckabee Sanders, Tennessee Sen, Marsha Blackburn, Doug Burgum, Byron Donalds, Tucker Carlson, Susan Ingrahm, Kelly, ” Ingrahm Organizations: MANCHESTER, , New York, Florida Gov, Republican, Republicans, Trump, South Dakota Gov, Fox News, Press, ”, United States Senate, Arkansas Gov, Marsha Blackburn , North Dakota Gov, Florida Rep, Ivy League, Harvard Locations: N.H, Donald Trump’s New Hampshire, ,, Iowa, Stefanik, New Hampshire, Ohio, South, Arizona, Marjorie Taylor Greene of Georgia, Tim Scott of South Carolina, New York, Kingston, Concord, Arkansas, Marsha Blackburn ,, Bedford , New Hampshire

☆ This scenic town in Croatia is selling houses for just 13 cents—but there’s a catch
▼ + stars: | 2024-01-22 | by ( Celia Fernandez | ) www.cnbc.com time to read: +2 min

A town in Croatia is offering 13 cent homes in an effort to attract more people. Legrad, a town in northern Croatia, has been trying to get more people to settle in the area by offering houses for pennies. Legrad, Croatia has a population of around 2,000 people. Mussomeli, a town in Sicily, went viral for selling off deteriorating homes for 1 euro. Mussomeli, Sicily, went viral for selling homes for 1 euro.

Persons: Goran Safarek, Ivan Sabolić, Legrad, Mickey Todiwala Organizations: Austro, Istock, Local, Reuters, Croatia isn't, CNBC Locations: Croatia, Hungary, Legrad, Local Croatian, Sicily, Mussomeli

UNITED NATIONS (AP) — Women and children are the main victims the Gaza war, with some 16,000 killed and an estimated two mothers losing their lives every hour since Hamas’ surprise attack on Israel, the U.N. agency promoting gender equality said Friday. Of the territory’s 2.3 million population, it said, 1.9 million are displaced and “close to one million are women and girls” seeking shelter and safety. Previously, she said, 67% of all civilians killed in Gaza and the West Bank were men and less then 14% were women. The health ministry in Hamas-run Gaza says nearly 25,000 Palestinians have been killed in the conflict, 70% of them women and children. Bahous said there is a need for much more aid to get to Gaza, especially to women and children, and for an end to the war.

Persons: Sima Bahous, Antonio Guterres ’, ” Bahous, ”, Bahous, “ Organizations: UNITED NATIONS, UN, West Bank, United Nations, Hamas Locations: Gaza, Israel

☆ I'm a 26-year-old HENRY. I'm in the top 1% of earners and a homeowner — I won't be happy until I'm completely financially free.
▼ + stars: | 2024-01-19 | by ( Ryan S. Gladwin | ) www.businessinsider.com time to read: +7 min

Working in the tech industry as a data analyst, Ruan purchased a £450,000 apartment in London. AdvertisementThis as-told-to essay is based on a transcribed conversation with Ben Ruan, a data analyst living in London. Job-hopping meant I could put a house deposit down by 26Ben Ruan's living room in his central London apartment Ben RuanWhenever I work at a company, I ask myself: Am I learning? AdvertisementThe kitchen in Ruan's London apartment. AdvertisementWhile I'm not rich yet, I believe I'll be where I want to be in five years.

Persons: Ben Ruan, Ruan, —, Ben Ruan's, I'm, Banks, Ben Ruan I, Spencer, Ben Ruan I'm, homeownership, I've, HENRY Organizations: Service, Business, Coventry University, Big Tech, JD, Mercedes, Benz, Asda, Aldi, Waitrose Locations: London, Snapchat, Wavemaker, Central London, Ruan's London

☆ China is entering an era of stagnation and disappointment that may not be resolved like Japan's, Nobel economist Paul Krugman says
▼ + stars: | 2024-01-19 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

China's economy is headed for an era of stagnation and disappointment, Nobel laureate Paul Krugman wrote. The country's economic model has been unsustainable for years, given ultra-low consumer spending. "Let's not gloat about China's economic stumble, which may become everyone's problem." AdvertisementBut even under better stewardship, China's economic approach has been unsustainable for years and was set to break down eventually. "Let's not gloat about China's economic stumble, which may become everyone's problem."

Persons: Nobel, Paul Krugman, —, Krugman, Xi, That's Organizations: Service, New York Times Locations: China, Japan, Tokyo, Beijing

☆ A viral video appears to show Walmart Spark shoppers with perishable groceries waiting for a ride in the Arizona sun
▼ + stars: | 2024-01-19 | by ( Alex Bitter | Dominick Reuter | ) www.businessinsider.com time to read: +6 min

A viral video appears to show Walmart Spark workers leaving perishable groceries in the sun. Some Spark drivers appear to be using fraudulent identities, as Business Insider previously reported. Additionally, many Spark drivers appear to be using accounts with names other than their own. Walmart previously told BI that selling, renting, or borrowing accounts goes against its policies for Spark workers. Do you work for Walmart Spark and have a story idea to share?

Persons: —, Aaron, YouTube Aaron, Aaron said, wasn't, they've, he'd, dreuter@businessinsider.com Organizations: Walmart, YouTube, Arizona Walmart, Business, Service, Spark ., Spark Locations: Arizona, Chandler , Arizona

PORTLAND, Maine (AP) — A former Republican legislative candidate pleaded guilty to assaulting law enforcement officers during the U.S. Capitol riot, officials said. His group was stopped by again by police before chemical spray was used to break up the demonstrators, prosecutors said. Brackley will be sentenced May 14 in Washington, D.C., after reaching an agreement in which he pleaded guilty Thursday to assaulting, resisting or impeding law enforcement officers. Political Cartoons View All 253 ImagesBrackley tried unsuccessfully to unseat Democratic state Sen. Eloise Vitelli of Arrowsic last year. His campaign website described him as a Maine Maritime Academy graduate whose approach would be to have “respectful, thoughtful conversations on the issues.”

Persons: —, Matthew Brackley, Donald Trump’s “, Nancy Pelosi’s, “ Let’s, Brackley, Steven Levin, ” Levin, Sen, Eloise Vitelli, ” Organizations: Republican, U.S, Capitol, U.S . Capitol, Washington , D.C, Brackley, Democratic, Maine Maritime Academy Locations: PORTLAND, Maine, Waldoboro , Maine, Washington, Washington ,, Arrowsic

☆ Louisiana lawmakers approve a congressional map with a second Black-majority district
▼ + stars: | 2024-01-19 | by ( Fredreka Schouten | ) edition.cnn.com time to read: +3 min

CNN —Louisiana lawmakers on Friday approved a new congressional map that gives the state a second Black-majority US House district and likely puts at risk a Republican-controlled seat. The new map creates a second majority-Black district, slicing through the middle of the state, in a district currently held by Republican Rep. Garret Graves. And, in drawing the new lines, Louisiana’s GOP lawmakers rebuffed a public entreaty from House Speaker Mike Johnson, a fellow Louisiana Republican, to continue fighting the court order. Republican state lawmakers and Landry this week warned that if legislators failed to draw the map themselves, they would hand over the power to a federal judge. The new maps approved Friday protect Johnson’s seat, along with that of House Majority Leader Steve Scalise, another Louisiana GOP congressman.

Persons: Jeff Landry, “, ” Ashley Shelton, Justice –, Eric Holder, Black, Troy Carter –, –, Garret Graves, Graves, Mike Johnson, Johnson, ” Graves, Landry, ” Landry, Shelly Dick, Barack Obama, Steve Scalise Organizations: CNN, Republican, Democrats, Louisiana’s Republican, Louisiana’s Black, Republicans, Representatives, Gov, Black, Power Coalition for Equity, Justice, US, National Democratic, Republican Rep, Louisiana Republican, Louisiana GOP Locations: Louisiana, Washington, , Louisiana, Black, Congress

☆ 6 signs you were parentified as a child and given adult responsibilities when you were too young
▼ + stars: | 2024-01-18 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +5 min

Wright said parentified children might have had to fulfill logistical adult responsibilities, such as looking after their younger siblings while their parents are nowhere to be found. AdvertisementReactive or emotional parents lack emotional-regulation skills, interpersonal-communication skills, and sometimes even the ability to set themselves and their children up for success. Wright shared signs you were parentified as a child and how it might impact you as an adult. You struggle with setting boundariesOne of the biggest side effects of being parentified as a child is struggling to set boundaries as an adult. Parentified children may be less likely to ask for raises, push back on unfair treatment, or pursue what they truly want because other people's opinions influence them too easily.

Persons: —, there's, Annie Wright, Wright, that's, they're Organizations: Service, Business Locations: Berkeley , California

☆ Move over, millennials: Gen Zers are coming for boomers' houses
▼ + stars: | 2024-01-17 | by ( James Rodriguez | ) www.businessinsider.com time to read: +11 min

After all their economic misfortune, they'll still face a turbulent housing market and potentially tens of thousands of dollars' worth of necessary updates to boomers' aging houses. In his 2022 paper, "Who will buy the baby boomers' homes when they leave them? ", Engelhardt argued that mass aging would send ripples through the housing market but fail to push down prices significantly. After that point, demand for home purchases will once again outpace supply as millennials buy more homes and younger generations, like Gen Z and Gen Alpha, file in behind them. The timing of boomers' exit will mostly benefit younger generations, like Gen Z and Gen Alpha, who should find themselves on steadier footing than their predecessors.

Persons: Xers, they've, Zers, they'll, Odeta Kushi, Kushi, Gary Engelhardt, Engelhardt, Issi Romem, Meredith Whitney, Boomers, Gen Zers —, Gen, who've, millennials, boomers, Jessica Lautz, Nicole Bachaud, They've, Redfin, Alpha, they're, Lautz, savvier, Zoomers, James Rodriguez Organizations: millennials, Syracuse University, Boomers, Federal Reserve, Alpha, National Association of Realtors Locations: granny, New York, Los Angeles, Chicago, Dallas

☆ China's population keeps falling — and that's more bad news for the world's 2nd-largest economy
▼ + stars: | 2024-01-17 | by ( George Glover | ) www.businessinsider.com time to read: +4 min

Read previewChina's population fell again last year – and that's a worrying sign for Beijing policymakers already grappling with deflation, a property crisis, and anemic economic growth. It's the second consecutive year that China's population has shrunk after six decades of rapid growth. Here's why dropping population numbers pose a threat to the world's second-largest economy. Worrying dataChina's population fell in 2022 for the first time since the 1960s – and Wednesday's statistics showed that the same thing happened again last year. A declining population is also bad news for real estate, which accounts for a quarter of China's economy and 70% of household wealth.

Persons: —, lockdowns, They've, they'll Organizations: Service, Business, National Bureau, Statistics, World Health Organization, Apple Locations: Beijing, China, —, Japan

NEW YORK (AP) — The squabble over billion of dollars in overdraft fees that Americans get charged every year is intensifying. While banks have drastically cut back on overdraft fees in the past decade, the nation's biggest banks still take in roughly $8 billion in overdraft fees every year, according to data from the CFPB and bank public records. Political Cartoons View All 253 ImagesBanks charge a customer an overdraft fee if their bank account balance falls below zero. What started off as a courtesy offered to some customers, the popularity of debit cards beginning in the 1990s led to Americans wracking up tens of billions of dollars in overdraft fees. While big banks have cut back on overdraft fees, smaller banks have not, and a number of them heavily rely on overdrafts to be profitable, industry analysts said.

Persons: Biden, “ It's, Joe Biden, “, Greg McBride, ”, Aaron Klein, ” Klein, Rohit Chopra, ” Chopra, Chopra, Barack Obama, Carter Dougherty, overdrafts, can’t Organizations: Consumer Financial, Biden Administration, Federal Trade Commission, Bank of America, Banking, Bankrate, Brookings Institution, Armed Forces Bank, Republican, Trump Administration, American Bankers Association, Financial Reform

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