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In Japan, for example, most people are actually quite satisfied with housing costs. In recent years, rising rents and home prices driven by a severe housing shortage — coupled with elevated mortgage rates — have caused Americans' housing costs to soar to near-record levels of unaffordability. Some experts have pointed to Japan, where housing costs are lower than peer countries, as a potential model for solutions the US could adopt. While Japan's abundance of housing isn't entirely a positive story, when it comes to Tokyo, housing experts say there are many lessons the US could learn from its ally. AdvertisementWhile a population slowdown could help moderate housing costs, some experts believe a substantial population decline would have big economic consequences in the long run.
Persons: , aren't Organizations: Service, Business, Housing, Gallup Locations: Japan, Israel, Turkey, Slovenia, Portugal, United States, Tokyo
Graves’ death may ultimately be part of a disturbing jump in the number of heat-related deaths, which have doubled across the country in recent years. Another child, a 10-year-old, died of a “heat-related medical event” in July while hiking in an Arizona park. ‘Attempted to save his life for about an hour’The Disneyland Halloween Half Marathon started at 5 a.m. last Sunday. “We’re sort of entering a new era of risk perhaps associated with these increasing temperatures,” Howard said. Before Sunday’s half marathon, Graves posted another TikTok video under his popular @calebtravels user name about the arrival of Disney race weekend.
Persons: Bobby Graves, Graves, Caleb, , , ” Graves, Matt Sutter, Jeffrey Howard, Howard, , Mickey, Minnie Mouse, Jacob Boyer, “ It’s, Jeff Gritchen, ” Sutter, Frank Gonzalez, Jessica Good, Sutter, Boyer, messaged, Wilson Sonsini Goodrich, ” Wilson Sonsini, ” Howard, CNN’s Jen Christensen, Natasha Chen, Deidre McPhillips, Mary Gilbert, Jillian Sykes, Dalia Faheid, Taylor Galgano, Zenebou Sylla, Laura Paddison, Amy O’Kurk, Angela Dewan Organizations: CNN, Disney, Anaheim Police, University of Texas, National Weather Service, , MediaNews, Orange, Register, Paramedics, Anaheim Fire, Orange County Sheriff’s Department, Georgetown University, Rosati, US Centers for Disease Control Locations: Southern California, Garden Grove, Orange County, Orange, Maine, California, Arizona , Georgia, Nebraska, Arizona, San Antonio, Anaheim, Sutter, , Austin, Washington, – California, Arizona , Nevada, Texas, Santa Clara County , California
CNN —Tiger Woods underwent successful back surgery, he announced on Friday, after repeated back spasms and pain contributed to his injury-marred season. The 48-year-old announced on social media platform X, formerly known as Twitter, that he had undergone microdecompression surgery of the lumbar spine for nerve impingement in the lower back. “The surgery went smoothly, and I’m hopeful this will help alleviate the back spasms and pain I was experiencing throughout most of the 2024 season,” Woods said. However, he missed the cut in the last three attempts at the sport’s four flagship events. Dr. Sheeraz Qureshi of the Hospital of Special Surgery in West Palm Beach, Florida performed the surgery and “deemed it to be successful,” Woods’ statement added.
Persons: Woods, ” Woods, Sheeraz Qureshi, Colin Montgomerie Organizations: CNN, Hospital of Special, US Locations: West Palm Beach , Florida
But thanks to the efforts of the research teams awarded the IG Nobel Prize on Thursday, some of these questions – which you might not even have thought existed – now have answers. Professor Sander Woutersen, right, displays an oversized stuffed worm while accepting a shared Ig Nobel Prize in chemistry for research using chromatography to separate drunk and sober worms. Steven Senne/APAmong those collecting their prizes was a Japanese research team led by Ryo Okabe and Takanori Takebe who discovered that mammals can breathe through their anuses. A Dutch-French research team also produced a live demonstration when they collected the chemistry prize to explain how they used chromotagraphy to separate drunk and sober worms. On that note, some of the items in the box were missing, presenters said, and the box itself was “almost impossible to open.”
Persons: , , Sander Woutersen, Steven Senne, Ryo Okabe, Takanori Takebe, B.F Skinner, Jacob White, Felipe Yamashita, James C, Liao, Fordyce Ely, William E, Petersen Organizations: CNN, eBay, Murphy’s Locations: Japanese, European, French, Chilean
The federal funds rate, which the U.S. central bank sets, is the rate at which banks borrow and lend to one another overnight. Home loan rates have already started to fall, largely due to the prospect of a Fed-induced economic slowdown. Student loansFederal student loan rates are also fixed, so most borrowers won't be immediately affected by a rate cut. Eventually, borrowers with existing variable-rate private student loans may also be able to refinance into a less expensive fixed-rate loan, according to higher education expert Mark Kantrowitz. However, refinancing a federal loan into a private student loan will forgo the safety nets that come with federal loans, he said, "such as deferments, forbearances, income-driven repayment and loan forgiveness and discharge options."
Persons: that's, McBride, Jacob Channel, it's, Matt Schulz, Bankrate's McBride, Mark Kantrowitz Organizations: Treasury, Mortgage, Association, Auto, Consumers Locations: U.S
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPIIE's Kirkegaard: ECB will have to 'step on the pedal' when it comes to rate cuts in 2025Jacob Kirkegaard with PIIE does not expect the European Central Bank to move on rates in October after its 25 basis point interest rate cut in September.
Persons: Jacob Kirkegaard Organizations: ECB, European Central Bank
A little over two years after the switch, Fernandes regrets her decision: "I'll never ever buy an electric vehicle again." "A 4India’s EV conundrum: To invest in cars or charging points first0% charge should easily take me for another 40km, but it dropped to 0% within 5km," Fernandes said. In India, "Range anxiety" remains a significant hurdle preventing drivers from making the transition from internal combustion engine to EV cars, analysts said. "Charging infrastructure in India's electric vehicle market is still not fully developed, but companies want more vehicles on the road before they invest more. As of August 2023, Tata Motors dominated 72% of India's EV market, followed by MG Motors with with a 10.8% share.
Persons: Carmelita Fernandes, Fernandes, Brajesh Chhibber, Chhibber Organizations: Tata Nixon, CNBC, Bain & Company, McKinsey India, Tata Motors, MG Motors, Mahindra & Mahindra, Citroen, Hyundai, Kia Locations: Indian, Pune, India, Bombay, Maharashtra, Mumbai, Goa, Canalys
Taking a high dose of ADHD drugs is linked to more than five times greater risk of developing psychosis or mania, according to a new study published Thursday in the American Journal of Psychiatry. The research is among the first to find a relationship between escalating doses of the drugs — amphetamines, in particular — and a greater likelihood of psychotic symptoms. The drugs include Adderall, Vyvanse and generic amphetamines, such as dextroamphetamine. The medium dosage — 20 mg to 40 mg of Adderall, 50 mg to 100 mg of Vyvanse or 15 mg to 30 mg of dextroamphetamine — was linked to a 3.5 times higher risk. There was no increased risk of psychosis with another ADHD drug, Ritalin, which isn’t an amphetamine.
Persons: it’s, , Jacob Ballon, hadn’t, Will Cronenwett, ” Cronenwett, Vyvanse, Takeda, Lauren Moran, Brigham, , ” Moran, Moran, Cronenwett, ” Ballon, they’re Organizations: American, of Psychiatry, Stanford Medicine, Northwestern Medicine, Psychiatry, NBC News, Takeda Pharmaceuticals, . Food, Drug Administration, FDA, Pharmaceuticals, McLean Hospital, Mass Locations: United States, U.S, Boston
CNN —A nearly four-year-old legal effort by Black voters to convince a court to prevent former President Donald Trump and the Republican Party from potentially intimidating voters and poll workers is quietly coming back to life as the 2024 election approaches. First brought in the days following the 2020 election, the lawsuit has moved slowly through the federal courts in Washington, DC, as Trump’s claims of presidential immunity from civil lawsuits were being litigated. It coincidently has landed before US District Judge Tanya Chutkan, the judge handling the federal election subversion charges against Trump. Attorneys for Trump and the RNC have asked to dismiss the case, saying any conduct at issue constitutes protected political speech. A federal judge found the two men liable for targeting Black voters in 2023, saying that their actions ran afoul of the KKK Act, the VRA and other laws.
Persons: Black, Donald Trump, coincidently, Tanya Chutkan, Trump, Rajiv Parikh, , , ” Chutkan, Jack Smith, Weeks, “ It’s, Parikh, they’ve, Ruth Greenwood, Greenwood, Jacob Wohl, Jack, Harris Organizations: CNN, Republican Party, US, Trump, Republican National, Republicans, GOP, Black, Democratic Party, RNC, Black voters, Ku Klux Klan, White, Michigan Welfare Rights Organization, Democratic National Committee, Harvard Law School, Democratic, Capitol Police, Biden Locations: Washington ,, Michigan, , New Jersey, Georgia, Pennsylvania, Charlottesville , Virginia, Texas
US District Judge Lewis Kaplan scheduled the hearing after Ryan Salame, a former executive of Alameda Research and FTX Digital Markets, tried to withdraw his guilty plea. Salame said prosecutors broke a promise to him by later indicting his romantic partner, Michelle Bond — a claim that prosecutors vigorously disputed. Instead, Kaplan grilled Salame under oath for over 30 minutes in his Manhattan courtroom Thursday morning, accusing him of misrepresenting the plea negotiations. That left Kaplan in a bind: Either Salame lied in his plea hearing, throwing the plea into doubt. Bond would not be pursued if I plead guilty," Salame said.
Persons: , who's, Lewis Kaplan, Ryan Salame, Salame, Michelle Bond, Kaplan, Sam Bankman, Salame didn't, Bond, FTX, Mary Altaffer, wasn't, Danielle Sassoon, Christopher Bartolomucci, he'll, Salame's Organizations: Service, Alameda Research, FTX, Markets, Business, Prosecutors, AP, US, Office, Southern, of Locations: Manhattan, Alameda, of New York
Gilead 's twice-yearly shot reduced HIV infections by 96% in a second large study, the company said Thursday. The positive phase three trial data on lenacapavir sets the stage for likely approval by the U.S. Food and Drug Administration for HIV prevention. The company said 99.9% of participants who received lenacapavir did not acquire HIV, with two cases among 2,180 people. Gilead in June also said lenacapavir was 100% effective at preventing HIV in another late-stage trial with cisgender women. The trial results should lead to an FDA approval and launch in the market by 2025, Yee said.
Persons: Gilead, Daniel O'Day, lenacapavir, Michael Yee, Yee Organizations: U.S . Food, Drug Administration, PrEP, Centers for Disease Control, Jefferies, CNBC, YouTube Locations: Gilead
Despite easing inflation, many Americans are still looking for new ways to save money. Travel, car insurance, clothes, and home improvement are four areas people have cut back spending. AdvertisementInflation may be coming down, but Americans are still looking for ways to save money. Over the past year, many US consumers have spent less money on travel, clothes, home improvement, and car insurance, according to surveys, business executives, and analyses of Americans' spending patterns. For some people, this means seeking out lower-priced clothing, travel destinations, DIY project options, and car insurance policies.
Persons: Organizations: Service
In today’s edition, we break down how panels of undecided voters in Arizona and Pennsylvania responded to the debate. A handful of Arizona voters previously turned off by both Vice President Kamala Harris and former President Donald expressed interest in the Democratic nominee in an NBC News panel after the debate. Read more →Harris avoids some big questions, but Trump’s lack of control costs himBy Chuck ToddIn many ways, Tuesday’s debate was quite familiar. Just like our politics for the last nine years, the entire debate revolved around one person: Donald Trump. Read more →That’s all from the Politics Desk for now.
Persons: Chuck Todd, Donald Trump, Harris, Emma Barnett, Alex Tabet, Kate Snow, Jacob Soboroff, Kamala Harris, Donald, Lynne Kelleher, Kamala, , , I’m, ” Hannah Reed, Trump, Joe Biden, Reed, Denise Lewis, she’s, isn’t, here’s Trump, who’s, Lewis, Read, → Harris, Don’t, Joe Biden’s, Biden, Chuck →, ove Organizations: NBC, White House, Capitol, Democratic, Trump, Libertarian, Biden Locations: Arizona, Pennsylvania, Philadelphia, Bucks, Scottsdale, Harris
All three undecided voters assembled for a similar exercise in the Philadelphia suburbs remained on the fence, with Harris getting a look from two and former President Donald Trump from one. Undecided voters only account for a few percentage points of the electorate right now, according to public polls, with a closely divided country getting behind Trump and Harris. “Finally, we have someone who’s a woman who gets that it’s about us.”But Lewis said Harris didn’t fully seal the deal with her last night. Herr also saw a contrast between how Trump and Harris conducted themselves on the debate stage. After the debate, Navarro said he’s still leaning toward Trump, but Harris has given him more to think about.
Persons: Kamala Harris, Harris, Donald Trump, , ” Lynne Kelleher, Kamala, , Donald, I’m, Kelleher, Trump, Hannah Reed, Joe Biden, Reed, ” Reed, Andrew Wallace, Biden, Wallace, Denise Lewis, she’s, Lewis, we’ve, We’ve, ” Lewis, Harris didn’t, here’s Trump, who’s, Jeff Herr, “ McCain, “ McCain Republican ” didn’t, he’s, ” Herr, Herr, GOP Sen, John McCain, McCain’s, “ That’s Trump, “ Harris, Romeo Navarro, Navarro, there’s, didn’t, ” Navarro, Emma Barnett, Kate Snow, Alex Tabet, Jacob Soboroff Organizations: NBC, ABC, Trump, Democratic, Biden, “ McCain Republican, Capitol, GOP, Phoenix Locations: Pa, , Arizona, Philadelphia, Bucks County, Phoenix, Scottsdale, Tucson, Churchville
Tappable equity is the amount most lenders will allow you to take out while still leaving 20% in the home as a cushion. How to tap your home for cashAlternatively, a home equity loan is a type of second mortgage, which allows borrowers to pull cash while using the house as collateral. However, the current average home equity loan interest rate is 8.52%, according to Bankrate, notably higher than a 30-year fixed-rate mortgage. watch nowOtherwise, a home equity line of credit, also known as a HELOC, lets you borrow money against a portion of your home's equity. The average HELOC interest rate is just shy of 10%, according to Bankrate.
Persons: Jacob Channel, Andy Walden, Holden Lewis, Lewis Organizations: Louis Federal Reserve, Intercontinental Exchange's Mortgage, Intercontinental Exchange
More workers are finding ways to use AI technologies to save time on the job. Go to newsletter preferences Thanks for signing up! AdvertisementIf you're not using AI technology at work, you could be missing out. That's because a growing number of workers across the globe are using AI tools like ChatGPT on the job — and many say doing so is saving them precious time. In recent years, a growing number of professionals in other fields, like dentistry and law, are also leveraging AI to save time.
Persons: They've, , It's Organizations: Service, Business
Caroline Ellison was Sam Bankman-Fried's girlfriend and the CEO of Alameda Research. Go to newsletter preferences Thanks for signing up! AdvertisementLawyers for Caroline Ellison, Sam Bankman-Fried's ex-girlfriend and the CEO of his trading firm Alameda Research, argue that the 29-year-old shouldn't be sent to prison. "Caroline Ellison is a young person of enormous talent and promise, with a deep commitment to helping others," Ellison's lawyers wrote in a sentencing memorandum filed on Tuesday. Ellison, her lawyers said, has "focused on rebuilding her life and resolving the civil cases and other consequences arising from her acts at Alameda Research" since testifying at Bankman-Fried's criminal trial in October.
Persons: Caroline Ellison, Sam Bankman, Ellison, Organizations: Alameda Research, Service, Business Locations: Bankman
Read previewThe woman who alleges she was wrongfully portrayed in "Inventing Anna" is trying to get her hands on the confidential notes and sources of the journalist whose article inspired the Netflix show. Rachel Williams, who was friends with the real-life Anna Sorokin, sued Netflix last year. In court filings this week, Netflix lawyers revealed that Williams' lawyers want to obtain Pressler's private journalistic notes. AdvertisementNetflix waived reporter's privilege once it used the notes for 'Inventing Anna,' Williams' lawyers argueOn October 4, Sorokin — who sold her life adaptation rights for "Inventing Anna" — is scheduled to testify for a deposition in Williams's suit against Netflix. AdvertisementJulia Garner as Anna Sorokin and Katie Lowes as Rachel Wiliams in Netflix's "Inventing Anna."
Persons: , Anna, Rachel Williams, Anna Sorokin, Shonda Rhimes, Jessica Pressler, Williams, Pressler, Anna Delvey, Sorokin, she'd, Pornhub, reporter's, Sorokin —, Colm Connolly, Julia Garner, Katie Lowes, Rachel Wiliams, Alexander Rufus, Isaacs, Davis Wright Tremaine, didn't Organizations: Service, Netflix, York, Business, American Express, Fair, HBO, Immigration, Customs, New, Fashion, Journalists, BI, New York, Vox Media Locations: Morocco, Manhattan, Germany, Delaware, United States, New York, Netflix's
Wall Street relationshipsOne of Vance's earliest interactions with Wall Street came shortly after the November 2016 presidential election, when he headlined a lunch in New York to discuss his newly published memoir. John Underwood, a longtime managing director at Goldman Sachs, encouraged his allies to support and raise money for Vance's Senate campaign, according to people familiar with the matter. He told them the Trump campaign would need "hundreds of millions of dollars" to compete with Vice President Kamala Harris' fundraising surge. The Ohio Republican's opposition to Wall Street was on full display during the Republican National Convention in Milwaukee in July. "Wall Street barons crashed the economy and American builders went out of business," Vance said in his nomination acceptance speech.
Persons: Vance, Marco Bello, Sen, JD Vance, Donald Trump's, Scott Bessent, Morgan Stanley's Jonathan Burkan, Cantor Fitzgerald, Howard Lutnick, Norm Champ, Keith Rabois, Jacob Helberg, J.D, Champ, Sander Gerber, Gerber, Goldman Sachs, Ohio Republican Sen, Rob Portman, John Underwood, Underwood, Steve Case, Trump, Omeed Malik, Emil Henry, Henry, Bush, Ted Virtue, Woody Johnson, Clifford Sobel, Richard Kurtz, Kamala Harris, Harris, Malik, John Paulson, Reuben Jeffery III Organizations: Republican U.S, Reuters, Ohio, Trump, Vance, Securities and Exchange Commission, CNBC, Hudson, Hudson Bay Capital, Netflix, Allen & Company, Ohio Republican, Senate, AOL, Tiger Infrastructure Partners, New York Jets, Hamptons, Valor Capital, Rockefeller & Co, Wall, Republican National Convention Locations: Kenosha, Kenosha , Wisconsin, U.S, New York City, Hudson Bay, New York, Ohio, Sun Valley , Idaho, Washington, Milwaukee
Business Insider identified the most famous book set in every state through surveys and research. In the US, where each state has a storied past and varied cultures and traditions, there's so much to explore. To ensure you have the most wholesome literary tour around the country, Business Insider scoured published listings and surveyed our reporters for their best picks, rounding up the most famous book set in every state — and, as a bonus — Washington DC, too. Here are the most famous books set in every state. This story is available exclusively to Business Insider subscribers.
Persons: , Dr Seuss, you'll Organizations: Service, Business, Washington DC Locations: Louisiana, New York City
But if you think there's a lot of AI content on TikTok today, buckle up. The output rate ranges anywhere from three auto-posted videos a week to 120 videos a month for a single TikTok or YouTube account. The company charges $30 a month for daily AI-generated videos and $45 to post twice a day. An example of an AI-generated video provided by Faceless.video cited Bible verse Isaiah 41:10 and got thousands of "likes." "My view is that YouTube, TikTok, Instagram, they're not going to really show organically a lot of automated AI content," Sanket Shah, CEO of the video-creation platform Invideo, told BI.
Persons: , Jesus, Instagram's, It's, Faceless.video, Jacob Seeger, Seeger, TikTok, they're, Shah Organizations: Service, Facebook, Business, YouTube
She focused on this gig early in the morning, in the evening, on the weekends, or during working hours on the days her full-time employer allowed her to work from home. While overemployment has increased Olivia's work-related stress, it's reduced her financial stress — something she said has helped her pursue a healthy romantic relationship. That's because the long working hours can take a toll, and remote job opportunities can be difficult to land. As long as she lives in her area of California, she's not sure she'll ever buy a home. Are you working multiple remote jobs at the same time and willing to provide details about your pay and schedule?
Persons: , Olivia, What's, Doxo, jugglers, she's, overemployment, Overemployment, it's Organizations: Service, Business, New York Times, BI Locations: California's Bay, San Francisco, San Jose, Bay, California
Read previewAt a press conference at Trump Tower in Manhattan on Friday, former President Donald Trump wanted the world to know he would never have sexually assaulted Jessica Leeds. "She would not have been the chosen one," he told reporters, implying her appearance wasn't up to his standards. On Monday, Leeds held a press conference of her own to confront him on that insult. With Trump Tower as her backdrop, she called the GOP presidential candidate "a sexual predator" and said she is deciding whether to sue him. Jessica Leeds speaks during a press conference outside Trump Tower.
Persons: , Donald Trump, Jessica Leeds, Trump, Jean Carroll, Carroll, Trump's, Natasha Stoynoff, Julia Nikhinson Leeds, Carroll's, defaming Carroll, Stoynoff —, Bergdorf Goodman Organizations: Service, Trump, Leeds, Trump Tower, GOP, Business, New York Times, AP, Monday Locations: Manhattan, New York, Carroll, Leeds
Despite the potential downsides of AI adoption in the workplace, several workers told Business Insider that they're using AI tools to enhance their skill sets, productivity, and job performance. AI fears have led some people to embrace the technologyTricia LaRue said using AI tools like ChatGPT has helped her save time as a marketing professional. Meanwhile, others are "very resistant" to using AI, view it as "concerning and scary" and want to avoid using it for as long as possible. In addition to concerns about AI job replacement, Granger said the overall uncertainty of the AI future can stress out some workers. Mastering AI might not be the only way to protect oneselfSainag Nethala said using AI tools typically save him about 10 to 15 hours a week on work tasks.
Persons: , Gabrielle Gerbus, Jasper, ChatGPT, Gerbus, she's, Goldman Sachs, they're, Ben Granger, Tricia LaRue, Tricia LaRue Granger, Granger, It's, LaRue, Anchlia, Ankit, James Delage, Claude, Sainag Nethala, Sainag, Grammarly, Nethala, he's, I'm Organizations: Service, Business Locations: California, Missouri, Minnesota, Texas, Illinois
Leeds' allegations weren't part of Carroll's accusations, but the trial judge allowed her testimony because they demonstrated what Carroll's lawyers argued was a pattern of behavior by Trump. "It's very hard to overturn a jury verdict for evidentiary grounds," he said. Sauer argued that Trump's case was "a textbook example" of a case wrongly propped up by propensity evidence rather than Trump's actual conduct. LEONARDO MUNOZ/AFP via Getty ImagesShe also jabbed at Habba's earlier claims that she might have some kind of conflict of interest with the trial judge, US District Judge Lewis Kaplan. Presidential immunity played a role in earlier court fights in the Carroll case.
Persons: , Donald Trump, Jean Carroll, John Sauer, Jessica Leeds, Trump, Sauer, Denny Chin, Roberta Kaplan, Leeds, defaming Carroll, Alina Habba, Kaplan, Carroll, Todd Blanche, Emil Bove, Boris Epshteyn, Joshua Katz, CHARLY TRIBALLEAU, Getty Images Carroll, Bergdorf Goodman, Blanche, Bove —, Harvey Weinstein's, Susan Carney mused, Marci Hamilton, LEONARDO MUNOZ, Lewis Kaplan, Kamala Harris, Bove, Juan Merchan, she'd Organizations: Service, Republican, Business, Leeds, Circuit, Trump, Getty Images, US, University of Pennsylvania, Getty, Democratic Locations: Manhattan, Leeds, AFP, New York, Washington, DC, New, United States
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