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☆ 'Where ambition goes to die': These tech workers flocked to Austin during the pandemic. Now they're desperate to get out.
▼ + stars: | 2023-08-31 | by ( Ben Bergman | Jordan Pandy | ) www.businessinsider.com time to read: +11 min

Many tech workers in California moved to Austin during the pandemic in search of a new lifestyle. Some tech workers say they regret moving there, given its middling tech scene and "fake" atmosphere. They cited several contributing factors, including extreme temperatures, traffic, overcrowding, and — perhaps most surprising — a middling tech scene that fails to live up to the hype. From Silicon Valley to the Silicon HillsNot long ago, Austin's tech scene was ascendant, with national headlines suggesting it could take on Silicon Valley. He acknowledged there's not much of a tech scene there but will take that over what he perceived as Austin's smoke and mirrors.

Persons: Austin, Mike Chang, Chang, Tesla, Danielle Fountain, Fountain, Elon Musk, Jim Breyer, Joe Lonsdale, Bill Gurley, Musk, Gurley, Emily Chang, John Andrew Entwistle, who's, John Andrew Entwistle Entwistle, Entwistle, oversold, Nicholas Falldine, there's, Nick Thomas, Austin doesn't, Thomas, he's, Sam Parr, I'm, Sheharyar, Redfin, Bokhari, It's, frolic Organizations: Oracle, Facebook, Google, Apple, Breyer Capital, Austin Chamber, Austin, Lone Star, US Postal Service Locations: California, Austin, Los Angeles, Bay, Silicon, Silicon Valley, Austin's, Palo Alto, Westchester County , New York, Fayetteville , Arkansas, Austin , Texas, San Francisco

☆ Peloton shares drop 25% after posting wider than expected loss, falling sales
▼ + stars: | 2023-08-23 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +4 min

Peloton on Wednesday reported a wider than expected loss and a quarterly drop in new subscribers that it blamed on its recall of its Bike seat post and seasonality, sending shares plunging about 25% in premarket trading. It ended the quarter with 3.08 million subscribers, up 4% year over year and in line with the company's expectations. But compared to last quarter, subscribers declined by 29,000. The former Netflix and Spotify executive has spent the last three months focusing on new strategies aimed at getting the fitness company back on a path to growth. Clients include Volvo, which has Peloton bikes in its company fitness center and offers employees access to the Peloton app, its all access membership and discounts on hardware, including the Bike, Bike+, Tread and Guide.

Persons: Barry McCarthy, McCarthy, Leslie Berland Organizations: Refinitiv, Consumers, Netflix, Spotify, Business, Volvo, Dropbox, University of Michigan, Big Locations: Dusseldorf, Germany

☆ I left NYC and bought a house in Montana. I had a big job title but a terrible bank account — now I'm happier and my money goes further.
▼ + stars: | 2023-08-16 | by ( Perri Ormont Blumberg | ) www.businessinsider.com time to read: +6 min

I didn't know a single person in Montana, but after I visited Bozeman, something about it felt like home. I had a big title but a terrible bank account and felt trapped. I look back on my life in NYC and see how anxious and exhausted I was. People are aware of you in a way that they aren't in a big city, where you can blend in. Buying a house in MontanaLester with her friends at her house in Montana.

Persons: Shallon Lester, she's, I've, Lester, Christian Dior, I'm, Montana Lester, Shallon Lester I lucked, Montana I've, I'd, Guys I've, haven't, it's, Lauryn Haas Organizations: Service, Lean, lhaas Locations: New York City, Bozeman , Montana, Montana, Wall, Silicon, California, Bozeman, Manhattan, Manhattan . Bozeman, NYC, Bozeman I'm, Los Angeles

☆ I run a tiny-home community in Texas for women fleeing toxic relationships
▼ + stars: | 2023-08-01 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +6 min

Needing a way to support herself financially, she opened her own tiny-home village in 2019. After a few let downs, I heard about a gentleman from Decatur, Texas, who was building a tiny-home village and charging people $450 to rent land. The Bird's Nest tiny-home village. I created The Bird's Nest to support women that are in needThe Bird's Nest logo. Courtesy of Robyn YerianThe Bird's Nest focuses on empowering womenIn June, The Bird's Nest hosted its first-ever builder workshop.

Persons: Robyn Yerian, —, houser, I'm, I've, It's Organizations: Service Locations: Wall, Silicon, Cumby , Texas, Colorado Springs, Decatur , Texas, Decatur, Cumby

☆ I don't stay in Airbnbs anymore. It's morally sketchy — and hotels are cheaper and better in every way.
▼ + stars: | 2023-07-29 | by ( Fortesa Latifi | ) www.businessinsider.com time to read: +5 min

Isabel Heine was an early user of Airbnb but now she only stays at hotels. Heine also says that the Airbnb cleaning fees and rules were getting ridiculous. I used Airbnb for about a decade straight before I started having second thoughtsI started noticing high cleaning fees that just seemed ridiculous to me. Add that to the increased costs and rules of staying in an Airbnb and I'm officially back to hotels. I did miss having a kitchen to cook my own food in, which is one of the pros with so many Airbnbs.

Persons: Isabel Heine, Heine, I'm, –, Airbnb Organizations: Service Locations: Wall, Silicon, Queens , New York, Airbnbs, New Orleans, Costa Rica, India, New York City, New York, Mexico City

☆ 'Oppenheimer' and the story behind those who lost their land to the lab
▼ + stars: | 2023-07-28 | by ( Andrew Hay | ) www.reuters.com time to read: +5 min

[1/2] The town of Los Alamos, New Mexico with Fuller Lodge and the "Big House" dormitories is seen in an undated photograph. "Oppenheimer had no qualms about displacing people from their homelands," said Gomez, who wrote "Nuclear Nuevo Mexico" about the setting up of the lab. Today Los Alamos County, where the lab is based, is one of the richest and best-educated in the United States. "There's no economic development in our areas because it's all focused in Los Alamos," said Cristian Madrid-Estrada, director of the regional homeless shelter in Espanola, Rio Arriba's largest town. The lab said over 61% of employees hired since 2018 were from New Mexico, with most of its workforce living outside Los Alamos County.

Persons: Oppenheimer, Cillian Murphy, Loyda Martinez, Martinez, Christopher Nolan's, Marcel Torres, Torres, dispossession, Myrriah Gomez, Gomez, Alisa Valdes, Mexico Rob Martinez, homesteader, Cristian Madrid, Estrada, Andrew Hay, Rosalba O'Brien Organizations: Fuller, of Energy, REUTERS, U.S . Army, Homes, Los Alamos National Laboratory, National Nuclear Security Administration, U.S, Department, Labor, University of New, Manhattan, Hispano, Los Alamos, U.S ., Thomson Locations: Los Alamos , New Mexico, New Mexico, Espanola, New, University of New Mexico, Nuevo Mexico, Abiquiu , New Mexico, Publicists, United States, Los, Mexico, Los Alamos County, Neighboring Rio Arriba County, Los Alamos, Rio Arriba's, Taos , New Mexico

☆ Royal destinations you need to visit in the UK
▼ + stars: | 2023-07-07 | by ( Amy Woodyatt | ) edition.cnn.com time to read: +8 min

A version of this story appeared in the July 7 edition of CNN’s Royal News, a weekly dispatch bringing you the inside track on Britain’s royal family. Research in 2011 by Visit Britain found that around 60% of tourists to the UK are likely to visit places associated with the royal family, according to Ross Bennett-Cook, a visiting lecturer at the School of Architecture and Cities at London’s University of Westminster. While there is no more recent data on royal sites specifically, in 2022 Visit Britain found that history and heritage were the biggest pull factors for tourists. Peter Titmuss/UCG/Universal Images Group/Getty ImagesCornwall: Dear to local and international tourists alike, Cornwall, on the southwestern tip of the UK pointing out into the Atlantic Ocean, is also a special destination for the royal family. The medieval parish church of St Mary Magdalene is regularly used as a place of worship by members of the royal family and dates back to the 16th-century.

Persons: Ross Bennett, Cook, we’ve, Queen Elizabeth II, King Charles III, William the, Edward III, Prince Harry, Prince Philip, Peter Titmuss, Duke of Cornwall, Prince William, Mary Magdalene, Bauer, Griffin, Queen, King George VI, Queen Victoria . Prince Albert, Queen Victoria, Andrew Milligan, Prince Albert, daytrippers, Mary Queen of Scots, It’s, Peter Byrne, King Charles, Prince of Wales, Work, wasn’t, King Edward I, Wales, Edward II, Tim Rooke, King George IV, Albert, There’s, shouldn’t Organizations: CNN’s Royal, CNN, Wimbledon, School of Architecture, London’s University of Westminster, Guard, Getty, Radcliffe, Sandringham, Sandringham House, Queen, Highlands, Scottish, Caernarfon, Royal Palaces Locations: Europe, London, Windsor, St, George’s, Duchy, Cornwall, Lostwithiel, UK, British, England, Scilly, Sandringham, Norfolk, Royal Parkland, Scotland, Cairns, Edinburgh, Holyroodhouse, Scottish, Caernarfon, Wales, Menai, Anglesey, Prince, Hillsborough, Northern Ireland, Brighton, Isle of Wight, Osborne

☆ Why the Kennedys keep going back to their Hyannis Port compound after generations of tragedy
▼ + stars: | 2023-07-03 | by ( Raquel Laneri | ) www.businessinsider.com time to read: +10 min

In 1928, Joseph Kennedy bought a white-shingled cottage in Hyannis Port, Massachusetts, for $25,000. The main home in the Kennedy family compound in Hyannis Port, Mass. AP/Stew MilneHyannis Port became a homeBefore the Kennedys rolled into Hyannis Port, they had trouble establishing a summer home in coastal Massachusetts. Eunice Kennedy, Jacqueline Bouvier, Edward Kennedy, John F. Kennedy and Jean Kennedy play footballl while on vacation at the Kennedy compound in June 1953 in Hyannis Port, Massachusetts. (His father stayed in his Hyannis Port bedroom for five days listening to classical music when he heard the news.)

Persons: Joseph Kennedy, Kennedy, It's, —, Royce, Kate Storey, Joseph, John, Robert, John F, Robert F, Kennedy Jr, Robert's, John Kennedy, Carolyn Bessette, Saoirse Kennedy, Storey —, Stone —, it's, Stew Milne, Rose, Honey Fitz, Fitzgerald, Boston, Storey, Gloria Swanson, Franklin D, Roosevelt, Eunice Kennedy, Jacqueline Bouvier, Edward Kennedy, Jean Kennedy, footballl, Hy Peskin, Eunice, John's, Ethel, Jacqueline, Rosemary Kennedy, Joseph Jr, Kathleen, Robert Jr, Bobby Shriver, Joseph P, Ted Kennedy's, John Jr, Caroline, Jackie, Maria Shriver, Arnold Schwarzenegger, Caroline Kennedy's, Edwin A, Pat, Ted, what's Organizations: Service, Hyannis Port, Kennedy Hyannis Museum, Stone, Stew Milne Hyannis Port, Catholic, Hollywood, Big, Senate, Democrat, Kennedys, Big House, Kennedy Library Foundation, Democratic, Getty, Camelot Locations: Hyannis Port , Massachusetts, Boston, Hyannis, Cod, Hyannis Port, Hyannis Port ,, Stew Milne Hyannis, Massachusetts, Palm Beach , Florida

☆ Trump’s Bathroom Reading at Mar-a-Lago - The New York Times
▼ + stars: | 2023-06-10 | by ( Maureen Dowd | ) www.nytimes.com time to read: +1 min

WASHINGTON — It’s shocking how easy it is to imagine Donald Trump campaigning for the presidency from prison. Maybe he’d even be able to smuggle in his special Tang-colored hair bleach. It wouldn’t be the first time someone tried for the White House from the Big House. In 1920, after being imprisoned on sedition charges for excoriating American involvement in World War I, which he considered a capitalistic war, Eugene Debs won about 900,000 votes as the Socialist Party nominee. “I will be a candidate at home in seclusion,” he joked when asked how he would campaign.

Persons: WASHINGTON —, Donald Trump, He’d, ” He’d, Elvis, Pavarotti, Eugene Debs, “, ” Organizations: White, Big, Socialist Party, United Press, Trump Locations: Goodfellas

☆ I wanted to simplify my life, so I downsized my big house for a rental home and sold most of my stuff. I feel like I can breathe for the first time in years.
▼ + stars: | 2023-06-10 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +7 min

Lauren CobelloMy old house sold in a dayMy old house sold in a day for $185,000 — $16,000 above the asking price. The old house had room for plenty of sleepovers; we would host large ones for birthdays, but we can't do that in the new house. Cobello's new home (right) is about a third of the size of her old house. In the old house, my monthly expenses included $350 on property taxes, around $26 on garbage collection, and close to $66 on water. After paying off my mortgage on the old house, my proceeds from selling it will be around $55,000.

Persons: Lauren Cobello, —, I'd, Cobello, Bob Ruggio, I've, It's, I'm Organizations: Service, WEBGIO, Facebook, Walmart Locations: New York, Oswego, homeownership

☆ Why You Can’t Really Be a Gardener Without Mindfulness
▼ + stars: | 2023-06-07 | by ( Margaret Roach | ) www.nytimes.com time to read: 1 min

Marc Hamer was “the gardener,” someone who — for a portion of each day, over a career’s worth of years — knelt for hire, often pulling weeds. He knew that his employers in the big house, wine glasses in hand, would look out and see him in his posture of humility and perhaps say, “The gardener is here,” as if he were nameless and this was his only purpose on earth. But no matter. “It felt like prayer; it felt like I was actually humbling myself, bowing to the universe.”A garden is a place of work, yes. But for anyone with the soul of a gardener — no matter their level of expertise — it is also something else.

Persons: Marc Hamer, ”, —, Hamer Locations: Cardiff , Wales, “

☆ This man is walking the UK coastline with his partner and baby
▼ + stars: | 2023-06-02 | by ( Tamara Hardingham-Gill | ) edition.cnn.com time to read: +15 min

“We’re a tight knit little group.”Life-changing journeyChris Lewis met his partner, Kate Barron, while walking the UK coastline. Courtesy Chris Lewis and Kate Barron“So this lady just kind of wanders down all bubbly and chirpy,” he recalls. I never went home.”The couple, along with Jet, continued on, walking down the east coast of Scotland together, and then into England. According to Barron, Lewis tends to walk ahead on these occasions. Unsurprisingly, walking and camping with a baby has been a totally different experience for both of them.

Persons: CNN —, Christian Lewis, ”, Lewis, Caitlin, he’d, Kate Barron, Jet, Magnus, “ We’re, ” Lewis, Chris Lewis, Barron, Chris, “, ” Barron, Cliff, Kate Barron “, ‘ I’ve, ’, Kate, Lewis ’, ” They’ve, Jet’s, She’ll, they’ve, we’re, “ Magnus, who’ve, she’s, That’s, ” He’s, ” “ I’d, “ Kate, We’re, “ I’ve, I’m Organizations: CNN, CNN Travel, Jet, ”, British Army’s Parachute Regiment Locations: Wales, Llangennith, Swansea, Northern Ireland, Scotland, Scottish, Shetland, Covid, North, St Abbs, Afghanistan, London, Inverness, England, Yorkshire, Dorset, Gower, North Devon, Ssafa

In midsized metros Metros with 250,000 to one million residents. An Emerging Divide Mobility has risen for college-educated workers, even as it has fallen for workers without a degree. College-educated workers leaving the most expensive parts of the country are also not spreading out equally everywhere — or even going to parts of the country that are struggling. Net migration among college graduates Loss Gain Among the 12 most expensive metros, net college migration has generally declined or turned negative. “Consumer cities,” as she puts it, are increasingly replacing “producer cities” as the places where college graduates want to live.

☆ A Maine senator lays out why everyone should be a YIMBY: Building more housing could bring families extra income and help solve the labor shortage
▼ + stars: | 2023-04-22 | by ( Eliza Relman | ) www.businessinsider.com time to read: +5 min

Sen. Angus King, a Maine independent, told Insider the lack of affordable housing is "a national crisis." Maine is facing a severe shortage as it's welcomed a surge of new residents in recent years. The law also eliminated all single-family zoning, eliminates some regulatory restrictions on multi-unit homes, and incentivizes the construction of affordable housing. New Mainers, though welcomed in an aging state in need of more workers, have exacerbated the housing shortage. A lack of affordable housing is central: the state housing authority reported last year that the average price of a house in nearly every county in Maine was unaffordable for the average household income.

☆ DeSantis may have overreached when he went to war with Disney, and Trump smells blood in the water
▼ + stars: | 2023-04-21 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +7 min

Florida Gov. "DeSanctus is being absolutely destroyed by Disney," Trump wrote earlier this week. "DeSanctus is being absolutely destroyed by Disney," Trump crowed on his social media platform Truth earlier this week. The Florida governor wanted to burnish his national image by torching Disney. And by gobbling up intellectual property and broadcasting rights, Disney continues to be virtually inescapable.

☆ Here's a decade-by-decade guide to building wealth
▼ + stars: | 2023-04-07 | by ( Michelle Fox | ) www.cnbc.com time to read: +6 min

and founder and director of financial planning at Life Planning Partners in Jacksonville, Florida. You should also start planning for retirement. After that, open a Roth individual retirement account, if your income qualifies, McClanahan said. "You can borrow for college, but you can't borrow for retirement," McClanahan said. Carolyn McClanahan director of financial planning at Life Planning PartnersYou may also have aging parents, so be sure to check on their financial planning, McClanahan said.

☆ I was the CEO of Arby's. I'm auctioning off my Texas mansion with a lowly $2.5 million starting bid because my wife and I are getting older and neither of us wants to live here alone.
▼ + stars: | 2023-03-29 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +5 min

Businessman Len Roberts, who served as CEO of Arby's and RadioShack, is auctioning his Texas estate. The 11,792-square-foot home in Fort Worth was built for hosting fundraisers and galas. Bidding starts on April 24 , with the starting bid at $2.5 million and a 10% buyer's premium. Even though the house is in Texas, it features traces of our early lives in ChicagoMy wife really built this home. Interluxe AuctionsWe orchestrated some of the biggest galas and charity events in Fort Worth, Texas, in this beautiful home.

☆ Analysis: Sweden faces recession as housing market troubles take toll on economy
▼ + stars: | 2023-03-15 | by ( Simon Johnson | ) www.reuters.com time to read: +6 min

But in Sweden, the structural problems rooted in its housing market are magnifying the effects. Banking group Nordea (NDAFI.HE) expects household consumption to fall around 2% in 2023, while the National Board of Housing expects housing starts to fall around 50% in the coming year compared with 2021. "However, in the last few months, the interest rate has almost tripled making it almost unaffordable to survive," Logan said. Sweden's banks are among the most strongly capitalised in Europe - partly as a result of worries about the housing market. But Sweden's economy is likely to remain a hostage to imbalances in the housing market while its structural problems go unresolved.

☆ Julia Fox gave a charming tour of her apartment on TikTok and revealed she lives with two roommates: her son and a mouse
▼ + stars: | 2023-01-26 | by ( Kieran Press-Reynolds | ) www.businessinsider.com time to read: +3 min

Julia Fox gave a tour of her NYC apartment, which fans found to be shockingly "normal." She also said her apartment has a mouse problem, although she joked about how they help clean up crumbs. @juliafox Come with me on a very underwhelming apartment tour! She ends the tour by saying she has a mouse problem, although she's completely unbothered by it. The comments are filled with fans in disbelief that her apartment wasn't as luxurious or ornate as they expected.

LOS ANGELES, Jan 25 (Reuters) - "Naatu Naatu", the standout song in the Indian period film "RRR," has won a Golden Globe and a Critics Choice Award, garnered hundreds of millions of views on YouTube and spawned a TikTok challenge. Keeravani, songwriter of ''Naatu Naatu'' from the movie ''RRR'', which is nominated for best original song at the Oscars, poses for a portrait at the Reuters office in Culver City, California, U.S. January 13, 2023. "Naatu Naatu" and Keeravani are competing with some big household names in the best song category, including Lady Gaga's "Hold My Hand" from "Top Gun: Maverick" and Rihanna's "Lift Me Up" from "Black Panther: Wakanda Forever". In the action-Bollywood epic directed by S.S. Rajamouli, "Naatu Naatu" begins when the two leads, played by Ram Charan and N.T. Rahman won the Oscar for the Hindi song “Jai-Ho,” but that was for the U.S.-British production of “Slumdog Millionaire,” which was set in India.

☆ This woman lives debt-free in a tiny home village – and found a new type of family
▼ + stars: | 2022-12-31 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +4 min

The owners of the community said about 70% of its residents are single women over 45. The home was designed by Incredible Tiny Homes, which made some adjustments to the property at Runyon's request. Runyon is one of several residents able to go largely debt-free by living in low-cost dwellings made by Incredible Tiny Homes. Incredible Tiny HomesRandy Jones, the owner of Incredible Tiny Homes, began building a tiny home community which has grown into a thriving village of more than 170 people. He now makes hundreds of tiny homes a year.

☆ Meet Eclipse Cottages, the developer of green tiny-home communities that plans to help people buy houses for $99 a month
▼ + stars: | 2022-12-14 | by ( Kelsey Neubauer | ) www.businessinsider.com time to read: +4 min

Eclipse Cottages builds spacious, energy-efficient tiny homes in South Carolina. He chose Eclipse Cottages to build a 600-square-foot abode in Travelers Rest, South Carolina, at the foothills of the Blue Ridge Mountains. Blue Wells' tiny home in one of Eclipse Cottages' communities. Luxury tiny homes, like the ones Eclipse offers, are still far below the typical single-home price of $425,000, according to Realtor.com. With interest rates soaring this year, younger people are struggling to afford even tiny homes, Draplin said.

☆ Send Sam Bankman-Fried to prison, Elon Musk suggests, while Binance's boss calls him a 'master manipulator'. 8 top figures weigh in on the disgraced FTX founder.
▼ + stars: | 2022-12-10 | by ( Zahra Tayeb | ) www.businessinsider.com time to read: +5 min

FTX founder Sam Bankman-Fried is racking up critics after the implosion of his crypto exchange. Here's what top voices like Elon Musk, Bill Ackman and Binance boss CZ have said, in 8 top quotes. Now the crypto CEO is under fire from all sides, from Elon Musk and Bill Ackman to "Shark Tank" investor Mark Cuban. Given that, the crypto exchange boss said he feels like the mainstream media has given Bankman-Fried softball interviews. The crypto bull believes Bankman-Fried will probably end up in jail, but doesn't think he was acting alone.

☆ Elon Musk suggests Sam Bankman-Fried should go to prison, saying he needs an 'adult timeout in the big house'
▼ + stars: | 2022-12-05 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Elon Musk has suggested FTX cofounder Sam Bankman-Fried should go to prison. Musk said of the crypto boss: "Let's just give him an adult timeout in the big house & move on." This isn't the first time Musk has taken a swipe at Bankman-Fried following FTX's collapse. In a Twitter Space discussion last month, Musk said he felt there was "something wrong" when he met Bankman-Fried on an unknown date. Representatives for FTX and Musk did not immediately respond to Insider's request for comment made outside normal working hours.

☆ I spent $30,000 on a 'Hobbit'-style house and now live mortgage-free in a tiny home village
▼ + stars: | 2022-10-16 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +4 min

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