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Even among rich heirs, passing on real estate without proper planning can lead to sibling strife. What if one sibling wants to renovate the Aspen chalet and the others don't want to split the cost? Instead of leaving these thorny questions up to the kids, parents can control how the property will be managed after they die. Related storiesWhen equal isn't equitableParents often assume that their adult children will share the property equally after they pass, according to Ludman. Perhaps two of three adult heirs are wealthier than the third, who doesn't want to share the burden of property tax and other costs.
Persons: haven't, Adam Ludman, Will, Ludman Organizations: Service, Hamptons, Aspen, JPMorgan Private Bank Locations: Ludman
Using home equity is "certainly a less expensive borrowing option than resorting to personal loans or credit cards," McBride said. As of August 7, the current average home equity loan interest rate is 8.59%, according to Bankrate. The average HELOC interest rate is 9.37%. To compare, the average personal loan interest rate is 12.38% , Bankrate found. The average credit card interest rate stands at 24.92%, according to LendingTree.
Persons: Iuliia, McBride, Bankrate, Houzz, Jessica Lautz, We've Organizations: Houzz, National Association of Realtors, NAR Locations: U.S
We tend to wind ourselves up about differences among boomers, millennials, and Gen Zers — sorry, Gen X, forgot to include you — even though many of the distinctions are made up. AdvertisementIt's easy to point to young workers and say they're no good at their jobs because, of course, they're often not as experienced as those doing the criticizing. "Mentorship will be huge with this generation," Toothacre said. So, some young workers' desire to focus more on their mental health and well-being could rankle some older workers and fuel why-didn't-I-think-of-that resentments. We're seeing less of them prioritize work, especially if they're not treated well," she said.
Persons: , Zers —, Gen X, they're, Julia Toothacre, Toothacre, Thomas Roulet, Roulet, Jon Veasey, It's, Gallup Organizations: Service, Business, Cambridge University, YouTube, KPMG, Workers
As the Fed lowers its benchmark rate, mortgage rates are expected to decrease further. This would likely remove a substantial amount of upward pressure off of mortgage rates. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's interest rates will affect your monthly payments. 15-Year Fixed Mortgage RatesAverage 15-year mortgage rates fell to 5.63% last week, according to Freddie Mac data. Mortgage rates increased dramatically over the last two years, but they're expected to go down at some point this year.
Persons: they're, you'll, Freddie Mac, it's Organizations: Federal Reserve, Traders, Zillow Locations: Chevron
Athens, Greece CNN —Where just hours ago there were thick rows of trees, now stumps protrude and smoke still rises from scorched soil. “At some point, the fire went faster than the cars,” Vasilis Xypolitas, mayor of Kifisia municipality on the outskirts of Athens, told CNN. Her car, like scores of others lining the roads that climb out of Athens, was burned. More than 700 firefighters, nearly 200 vehicles and 35 water-bombing aircraft were deployed to battle the blaze, Greek public broadcaster ERT reported. Once the winds and the worst of the blaze abated, residents in Chalandri returned to inspect the damage.
Persons: Greece CNN —, bedsheets –, Vasilis Xypolitas, , Sophia, Alexandros Avramidis, Xypolitas Organizations: Greece CNN, CNN, , ERT, Ministry, Protection Locations: Athens, Greece, Chalandri, Attica, , Kifisia, Penteli, Varnavas, Grammatiko
Of the billionaires on the 2023 Forbes 400 list — the 400 richest people in the United States — 70% are basically self-made. In 1982, only 40% of the Forbes 400 had started their own business; the majority were simply scions of inherited wealth. The Forbes 400, however, is the extreme right tail of the curve. But you're not sniffing the Forbes 400 list, where the bidding starts at about $3 billion. I don't think VCs are deliberately picking founders they think are unreliable, although sometimes it seems like it.
Persons: Raj Chetty, That's, Chamath Palihapitiya, Palihapitiya, Josh Wolfe, Wolfe, Elon Musk, Thiel, Jeff Bezos, we're, Sam Bankman, Andreessen Horowitz, A16z, Adam Neumann, Neumann, WeWork, Marc Andreessen, Ben Horowitz, Horowitz, they've, Benchmark's Gurley, Gurley, Nate Silver Organizations: Forbes, United States —, Social Capital, Burger, Lux, VCs, New York Times, Penguin Press, Penguin Publishing, Penguin Random Locations: United States, America, Sri Lanka, Canada, Coney, Israeli, Silicon, Canyon Point , Utah
For the first time, Google's Pixel Pro series comes in two sizes with the introduction of the brand new Pixel 9 Pro XL. It's the Pixel 9 Pro that offers something that wasn't available before — a Pixel Pro with a smaller display. AdvertisementPixel 9, Pixel 9 Pro, Pixel 9 Pro XLThe Pixel 9 and Pixel 9 Pro models are evolutions over previous generations. Antonio Villas-Boas/Business InsiderGoogle's Pixel 9 Pro Fold is also a total evolution of the original Google Pixel Fold. AdvertisementThe Pixel 9 starts at $799, the Pixel 9 Pro at $999, the Pixel 9 Pro XL at $1,099, and the Pixel 9 Pro Fold at $1,799.
Persons: Antonio Villas, Google's didn't Organizations: Business, Google, Boas, Apple, Samsung, Galaxy, Gemini
A charity working with homeless people in Auckland, New Zealand unknowingly distributed candies filled with potentially lethal doses of methamphetamine in its food parcels after the sweets were donated by a member of the public. The City Missioner, Helen Robinson, said eight families, including at least one child, had reported consuming the contaminated candies since Tuesday. Auckland City Mission was alerted Tuesday by a food bank client who reported “funny-tasting” candy. It was not clear how many had been distributed in that time and how many were made of methamphetamine. Some of those who had received the food parcels were clients of the charity’s addiction service and the news that drugs had been distributed had provoked distress.
Persons: Ben Birks Ang, Birks Ang, Helen Robinson, Robinson, , , ” Robinson, Rinda Organizations: Auckland City Mission, New Zealand Drug, Malaysian, Mission, Staff, Associated Press Locations: Auckland , New Zealand, Auckland, New Zealand
CNN —Eating an anti-inflammatory diet of whole grains, fruits and vegetables instead of an inflammatory diet focused on red and processed meats and ultraprocessed foods, such as sugary cereals, sodas, fries and ice cream, lowered the risk of dementia by 31%, a new study found. “Following an anti-inflammatory diet was related to lower risk of dementia, even among people with cardiometabolic diseases who are already at elevated risk of dementia,” said Dove, a doctoral student at the Aging Research Center at Karolinska Institutet in Solna, Sweden, in an email. Brain scans of those who followed an anti-inflammatory diet also showed significantly lower levels of brain biomarkers of neurodegeneration and vascular injury, Dove said. carlosgaw/E+/Getty Images/FileWhat is an anti-inflammatory diet? Just a 10% increase in such foods was significantly associated with a 14% higher risk of death from all causes, according to a February 2019 study.
Persons: Abigail Dove, , Dove, David Katz, Katz, ” Katz, Organizations: CNN, JAMA, Aging Research, Karolinska, True Health Initiative, Mayo Clinic Locations: Solna, Sweden, England, Scotland, Wales
Kevin Mohatt | ReutersSix years before Tim Walz was tapped to be Vice President Kamala Harris' running mate, he was busy running for governor of Minnesota. Eric Gibson, then president of Ultra Machining Company, recalled asking Walz whether the Democrat believed that high corporate and state taxes hurt workers. Minnesota currently taxes corporate income at 9.8%. The nonpartisan Tax Foundation says that's the highest corporate tax rate of any state in the nation. Minnesota Governor Tim Walz speaks next to Wisconsin Governor Tony Evers at Yellowjacket Union, at University of Wisconsin-Superior, in Superior, Wisconsin, U.S. March 2, 2022.
Persons: Kamala Harris, Tim Walz, Kevin Mohatt, Walz, Eric Gibson, Gibson, Geoff Baker, Baker, Douglas Loon, Kamala, Andrew Harnik, wasn't, Harris, Tony Evers, Evelyn Hockstein, Loon, Minn, Bill George, George said Walz, George Organizations: Democratic, Minnesota, Chippewa, Reuters, Ultra, Democrat, CNBC, McFarland Truck Lines, Foundation, Democrats, Senate, Minnesota Chamber of Commerce, Fortune, UnitedHealth, U.S, Gov, Getty, Minnesotans, Tax, Yellowjacket Union, University of Wisconsin, Mayo Clinic Locations: Eau Claire , Wisconsin, U.S, Minnesota, Gull Lake, McFarland Truck Lines . Minnesota, Gull, Glendale , Arizona, Wisconsin, Superior, Superior , Wisconsin, St, Paul, Rochester, Minn
Google may have taken Sam Altman's apparent dig at its event "aesthetic" into consideration. Google's Made By Google Pixel event featured dim lighting and a simple setup with wood in the background. The event aesthetic draws a sharp contrast from Google I/O and the Made By Google event last year. You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. The OpenAI CEO made the apparent dig about the vibe of Google's I/O event back in May, and the tech giant seems to have switched up its event staging for its most recent Made By Google event, which took place Tuesday.
Persons: Sam Altman's, Google's, Organizations: Google, Service, Business
It’s a serene sight — except for the one thing Mr. Antezana, a retired oceanographer, cannot ignore. The South American country is the top exporter of farmed salmon to the United States. For more than four decades, Mr. Antezana has watched the industry grow into one of the world’s leading producers of farmed salmon. Last year, farmed salmon was Chile’s second-largest export, generating $6.5 billion in revenue. Most of the farmed salmon eaten in the United States comes from overseas, with almost half from the fjords of Chile.
Persons: Tarsicio, Antezana Organizations: U.S . Department of Agriculture Locations: Quinchao, Chile, Los Lagos, United States
Read previewThis as-told-to essay is based on a conversation with Simone Landis, a 29-year-old from San Francisco who quit her job at Meta. In the fall of 2022, I quit my job and booked a flight to Bali in pursuit of my very own Eat, Pray, Love experience. AdvertisementMy events job at Meta was tough to transition onlineI started working at Meta in the fall of 2019 within its global security department. Related storiesI quit my job and flew to BaliI quit my job at Meta in the fall of 2022, didn't renew my lease, and booked a two-month trip to Bali. Now, I'm working more hours and taking on more responsibility and creative liberties.
Persons: , Simone Landis, It's, I'd, Bali I, I'm, it's, Tess Martinelli, tmartinelli@businessinsider.com Organizations: Service, Meta, Business Locations: San Francisco, Bali, Bay, Meta
But Zijlstra, who was not involved with the new study, was the first to make the connection to SN 1181. The report suggested that SN 1181 might belong to the elusive Type Iax category of supernova due to the presence of this “zombie” white dwarf. That energy causes the sudden brightness of the supernova.”That massive collision might explain another curious aspect of the SN 1181 zombie star. “We theorize that the star reignited because SN 1181 was a Type Iax supernova, which is an incomplete explosion. Schaefer added that SN 1181 represents one of the few reliable connections from supernova to supernova remnant.
Persons: , Takatoshi Ko, Albert Zijlstra, Dana Patchick, Zijlstra, ” Zijlstra, , coauthors, NASA's Chandra, ” Ko, Chandra, Ko, Bradley Schaefer, Schaefer, ” Schaefer, astrophysicists Organizations: CNN, Astrophysical, University of Tokyo, University of Manchester, Survey, NASA, ESA, JPL, Caltech, Subaru, Louisiana State University Locations: China, Japan, England, New Mexico, Hawaii
A glorious farewell to the 2024 OlympicsIt’s time to say au revoir to the 2024 Summer Olympics in Paris. Mark J. Terrill / APTeam USA eked out close wins in the men's and women's basketball finals, taking gold in the final weekend of the games. The men's team, which included all-stars LeBron James and Kevin Durant, brought home the fifth straight Olympic title for the Americans. Sunday's win by the women's team was its eighth straight Olympic gold. Other Olympic highlights:Trump campaign says it was hackedFormer President Donald Trump’s campaign has said it was hacked by an Iranian group.
Persons: H.E.R, Tom Cruise, Chili Peppers, Billie Eilish, Snoop Dogg, Dr, Dre, Team USA Stephen Curry, Mark J, Terrill, Steph Curry's, LeBron James, Kevin Durant, Sunday's, A'ja Wilson, Jordan Chiles, Naomi Baker, Cecile Landi, Romanian Ana Bărbosu, Macron, Emmanuel Macron, Léon Marchand, Pascal Le Segretain, , , Trump, Donald Trump’s, Steven Cheung, Trump’s, ” Cheung, Kamala Harris, Harris, Willie Brown, Omar Al, Uvalde shooter’s, Armando Ramos, Salvador Ramos, Leila, Gen Alpha, Zers, Alpha Organizations: Phoenix, Team USA, USA, WNBA, U.S, Getty, International Olympic, Paris Olympics, NBC News, Politico, Microsoft, Islamic Revolutionary Guard Corps, Trump Organization, San Francisco, Trump, Trump . White, Israel Defense Forces, Hamas, Robb Elementary School, NBC Locations: Paris, Los Angeles, Venice, U.S, France, China, Romanian, Iranian, , Montana, Trump, Gaza City, AFP, Israel, Gaza, , Texas
Ambitious workers get a lot of advice early in their career about how to get ahead. One common tip is: Be among the first to arrive at the office and the last to leave to show your boss you're committed to the job. Looking back, Doe recognizes that the well-intentioned advice often comes with the caveat that working long hours shows your dedication to your work at the expense of your personal time and life. "I didn't have any sort of work-life harmony in my life," says Doe, who now runs her own marketing agency, Verbatim. Stacie Haller, chief career advisor at ResumeBuilder with over 30 years of recruiting experience, agrees.
Persons: Brianna Doe, Doe, we've, Stacie Haller Organizations: CNBC
I ordered mozzarella sticks, ribs, and a specialty dessert at both TGI Fridays and Chili's. Each chain had its strengths, but I didn't like the mozzarella sticks at Chili's. The meals ended up being remarkably close in price, with a mere $0.22 difference between them. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy .
Persons: , Chili's Organizations: Service, Business
CNN —A fast-spreading wildfire continued to rage close to the Greek capital of Athens on Monday, prompting authorities to ask residents to evacuate their homes. Fire authorities warned Monday that the wildfire had “developed rapidly” and was heading towards Penteli, around 16 kilometers (about 10 miles) northeast of Athens. Greek authorities have battled dozens of blazes already this summer after enduring its hottest June and July on record. Kikilias warned over the weekend that “extremely high and dangerous weather conditions” would continue through Thursday. Angelos Tzortzinis/AFP/Getty Images“Winds overnight remained strong creating dangerous conditions.
Persons: Vassilis, Kikilias, Adonis Georgiadis, Angelos Tzortzinis, Vasilios Vathrakoyiannis, Organizations: CNN, ERT, Getty, ” CNN, Authorities Locations: Athens, Varnavas, Penteli, AFP, Greece
Read previewDonald Trump took several trips over the weekend on a private jet once owned by Jeffrey Epstein. That Gulfstream jet also once carried Jeffrey Epstein, who used the tail number N212JE while he owned it, up until his death in 2019. AdvertisementAccording to public flight records, the Gulfstream jet flew on Friday afternoon from Ontario International Airport in Canada to an airport in Bozeman. It's unclear whether Trump or anyone on his campaign knew the plane was once owned by Epstein. Epstein owned at least five different private planes before his death.
Persons: , Donald Trump, Jeffrey Epstein, Jackson, Epstein, Trump hasn't, Mitch Williamson, Trump, didn't, James L, Williamson, Anna Moneymaker, Prince Andrew, Bill Clinton, Kevin Spacey, Naomi Campbell, Marla Maples, Eric, Tiffany Trump Organizations: Service, Gulfstream, Trump, Trump Force, Business, Federal Aviation Administration, JetBlue, International Air Transport Agency, FAA, Boeing, Gulfstream G550, US, Ontario International Airport, Gulfstream GV, Frontier Enterprises, Republican, Federal, Commission, Miami Herald, N550GP, Aviation Group, Aviation, Hawker Siddeley HS, British Aerospace, Daily Mail, Trump Organization, Records Locations: Aspen, Paris, New, Teterboro, WN, Billings , Montana, Bozeman, Canada, Wyoming, Colorado, Ontario, Manhattan, Palm, California, Palm Beach and New York City
Students and their families, along with college financial aid administrators, hoped the 2025-26 school year would be a return to normalcy. Financial aid administrators continue to deal with problems even as the school year quickly approaches. But ultimately, financial aid advocates conceded that they'd rather have a delayed-yet-functional application than an on-time and glitchy one. There's not much applicants can do at this point to ease stress about the financial aid timeline. Still, Vasconcelos shares three tips for incoming or current college students as the upcoming financial aid cycle approaches.
Persons: they'd, Shannon Vasconcelos, It's, Vasconcelos, Vasoncelos, We've Organizations: of Education, Federal, Congressional, Bright Horizons, CNBC, didn't, Aid, Social
Instead, look at companies that sell tools for content creation that service a wider swath of users, Lambros told Business Insider. BI spoke to Lambros about the state of the creator economy and the firm's recent report on the industry. The creator economy needs to crack B2BCompanies should not rely on influencers to make it big. Publicly traded companies within the creator economy include Shopify, Eventbrite, Roblox, and Reddit. Private-equity firms, an increasingly common buyer in the startup space, still have some learning to do about the creator economy, he said.
Persons: , John Lambros, Houlihan Lokey, They're, Lambros, upstarts, it's, Permira, That's Organizations: Service, Business, Fortune, Avid, Networks, Publicly, YouTube Locations: Lambros
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. As Warren Buffett said, "Until you can manage your emotions, don't expect to manage money." I started my career in sales and business development in adtech in 2007 and became a full-time life coach in 2014. Here's how I manage six of the most common business frustrations. As a former sales director for a Fortune 500 company, I know that success usually comes down to volume.
Persons: , Warren Buffett, I've, It's, you've, we've, it's, they're, you'll, Susie Moore Organizations: Service, Business, Fortune, Staff, Mother's Locations: adtech
The singer who rose to fame on “Hannah Montana” is now the youngest person to be named a Disney Legend. To quote the legend herself, ‘This is the life.’ “Cyrus was among 14 artists honored as Disney Legends this year. The Walt Disney Company“The Disney Legends Award is the highest honor our company bestows,” Disney Chief Executive Officer Bob Iger told the crowd at the event. Disney Legends are bound by the special place they have earned in our history for their tremendous contributions in service of entertaining and delighting fans around the globe.”Congratulations to the iconic Harrison Ford on his Disney Legends Award! 🌟🎉 #D23 pic.twitter.com/ShFZ8jeRYb — Disney D23 (@DisneyD23) August 12, 2024Iger presented Ford, who he described as a “true Disney Legend and a dear friend,” with his award.
Persons: Miley Cyrus, Hannah Montana ”, Cyrus, , ” Cyrus, Hannah Montana, Hannah, ’ “ Cyrus, Angela Bassett, Jamie Lee Curtis, James L, Brooks, James Cameron, Harrison Ford, Frank Oz, Kelly Ripa, Oscar, John Williams, Disney, Colleen Atwood, Martha Blanding, Steve Ditko, Mark Henn, Joe Rohde, Ryan Seacrest, , Bob Iger, “ It’s Organizations: CNN, Disney, Walt Disney Company, ” Disney Locations:
In conversations with nearly a dozen Democratic lawmakers and candidates running in competitive races across the country, a common theme emerged. Tim Walz, Democrats have felt a tangible bump of energy in their districts, through spikes in volunteers, donations and event turnout. Rep. Chris Deluzio, who supports Harris, told CNN he was glad to see that she has moved away from her previous position on fracking. The Republican campaign arm has seized on some of her past positions from his first presidential run, including fracking, as they’ve attempted to develop a strategy to target Democrats in tough races. Brendan Smialowski/AFP/Getty ImagesWalz serves ‘meat-and-potatoes’ politicsIn selecting Walz, the Harris campaign provided many down ballot Democrats running in competitive races with a welcomed partner.
Persons: Susie Lee of, Lee, Kamala Harris, ” Lee, Harris, , Tim Walz, Kirsten Engel, Caitlin O'Hara, ” Engel, Trump, Biden, , Joe Biden, Chris Deluzio, “ I’m, hasn’t, Rudy Salas, David Valadao, Irfan Khan, Will Rollins, Ken Calvert of, Rollins, Harris ’, ” Rollins, “ It’s, Brendan Smialowski, Getty Images Walz, Walz, Ann Kuster, ” Kuster, Tim, Vicente Gonzalez, Donald Trump’s, Ohio Sen, JD Vance, Biden’s, Jahana Hayes, Hayes, Sue Altman, Thomas Kean Jr, ” Altman, wasn’t, Rosa Parks, Martin Luther King Jr, “ We’ve Organizations: CNN — Democratic, Democratic, CNN, Representatives, Nevada Democrat, Minnesota Gov, Bloomberg, Getty, Republican, Democrat, Republican US, Los Angeles Times, GOP, Getty Images, Minnesota, Republicans, , Vicente Gonzalez of Texas, Ohio, Army National Guard, Democratic Rep, Trump, Democratic House Locations: Susie Lee of Nevada, Nevada, Arizona, Phoenix , Arizona, Lee, Mexico, Pennsylvania, Bakersfield , California, Harris, California, Salinas, Ken Calvert of California, University's, Philadelphia , Pennsylvania, AFP, , New Hampshire, Vicente Gonzalez of, Iraq, Jahana Hayes of Connecticut, New Jersey, Alabama, Montgomery
Mortgage rates are down today compared to where they've been in recent weeks, with 30-year mortgage rates hovering in the low 6% range, according to Zillow data. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates would impact your monthly payments. 15-Year Fixed Mortgage RatesLast week, average 15-year mortgage rates were 5.63%, a 36-basis-point decrease from the previous week, according to Freddie Mac data. Mortgage rates have been elevated for most of 2024, but they've been trending down in recent months. Once the Fed cuts rates, mortgage rates should fall even further.
Persons: they've, you'll, Freddie Mac, it's Organizations: July's, CPI, Federal Reserve, Zillow Locations: Chevron
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