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☆ This is the best U.S. city for remote workers—it has a population of 68,000
▼ + stars: | 2024-04-21 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +2 min

In the best U.S. city for remote work, the median household income is $71,000; rent is about $1,400 a month; homes are valued at about $412,000; and 58% of residents are college grads. The waterfront town is the highest-ranked U.S. city for remote workers according to a new analysis from Remote.com, a global HR platform for distributed teams. While most top cities are spread across Europe and Asia, Portland is the only U.S. city to crack the top 10. Here are the 10 highest-ranked U.S. cities for remote work, according to Remote.com:Portland, Maine (No. 20 overall) New York, New York (No.

Persons: van der Locations: Portland , Maine, Europe, Asia, Portland, Remote.com, Honolulu, Hawaii, Des Moines , Iowa, New York , New York, Concord , New Hampshire, Minneapolis , Minnesota, Hamilton , Ohio, Topeka , Kansas, Louisville , Kentucky, Montpelier , Vermont, U.S, Maine

☆ Tesla's awful 2024 is getting much worse
▼ + stars: | 2024-04-17 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Tech: A "social walkie-talkie" app is the newest thing tech insiders are excited about . Tesla's awful 2024 got much worse this week when the company cut 10% of its workforce , and a major executive resigned after 18 years at the EV maker. AdvertisementSlaven Vlasic/Getty Images for The New York Times; Chelsea Jia Feng/BIIn the meantime, Tesla's stock keeps falling. Even worse, people who are in the market for EVs aren't necessarily interested in Teslas .

Persons: —, NASA's Chandra, Tesla, we've, Elon Musk, Steve Granitz, Scott Olson, Jia Feng, Graham, Elon Musk's, robotaxis, Slaven, Chelsea Jia Feng, Tesla's, Musk, Andy Sieg, Merrill Lynch, Abanti Chowdhury, who's, Piper Sandler, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, Business, Tech, Adobe Stock, The New York Times, EVs, Teslas, Trump, SWANSON, Apple, Microsoft, BI, CNBC, Economy Summit Locations: Chelsea, China, Teslas ., States, New York, London

☆ More Americans Are Moving Abroad Because the US Is Too Expensive
▼ + stars: | 2024-04-17 | by ( Kelli María Korducki | ) www.businessinsider.com time to read: +12 min

"We realized we couldn't afford the mortgage and the car payments and everything," Stonestreet told me. Americans work more, vacation less, spend more on healthcare, and die sooner than people in other high-income economies. These factors likely explain why some Americans are moving to countries that aren't generally considered low-cost-of-living locales. She said that living abroad afforded her a degree of flexibility and spontaneity that would be out of reach back home. From their temporary perch in Tirana, Albania, the couple told me via WhatsApp that their only regret about moving abroad was not doing it sooner.

Persons: Amelia Basista, Stonestreet, Basista, Maliya, I'm, Fale, scoping, Cristina Johnson, Johnson, Mariana, Dustin Lange, that's, Mariana Lange, Mark Zoril, Andrew Hallam, Zoril, hasn't, — Zoril, Tomorrow's Organizations: State Department, American Citizens, Monmouth University, Labor Statistics, Financial Technology Association, Business Locations: South America, Denver, Cuenca, Ecuador, Germany, Canada, France, Minneapolis, Latin America, America, Puerto Morelos, Mexico, Pennsylvania, Belize, States, Austin, North Carolina, Central America, Portugal, Spain, Lisbon, Europe, Tirana, Albania

☆ This is the No. 1 city in the world for remote work—what it's like to live there
▼ + stars: | 2024-04-16 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +2 min

April Jereza never intended to move abroad to Madrid, Spain, but now that she's been there for seven years, she thinks she'll stay for the long haul. "People in Madrid, and Spain in general, really understand that you don't live to work; you work to live," Jereza says. Other data touts the city's big benefits for professionals: Madrid is the No. 1 best city for remote work, according to a new analysis from Remote.com, a global HR platform for distributed teams. She now works as a product manager for a multinational social media agency from its Madrid office and works remotely part of the week.

Persons: Jereza, she's, she'll Organizations: CNBC Locations: Madrid, Spain, Canada, Europe, Remote.com, Spain Madeira, Portugal Toronto, Canada Auckland , New Zealand Tokyo, Japan Paris, France Portland , Maine, USA Taipei, Taiwan Stockholm, Sweden Reykjavik, Iceland

☆ New York and other states are using AI to hunt down wealthy remote workers and demand more tax
▼ + stars: | 2024-04-16 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewNew York is the millionaire capital of the world, but some of those who want to stay rich are fleeing to low-tax states like Florida and Texas. The state tax department has a solution: AI letters. It is sending hundreds of thousands of AI-generated letters, mostly to wealthy remote workers or those who require a change in tax residency, according to CNBC. There were 771,000 audits in New York in 2022, according to a recent report by the state Department of Taxation and Finance cited by CNBC.

Persons: —, That's, Alexander Spatari, Mark Klein, Hodgson Russ LLP, it's, It's, Klein, Shakira Organizations: Service, CNBC, Business, of Taxation, New, Henley, Partners, €, York's Department of Taxation, Finance Locations: Florida, Texas, New York, New York City, York, Bahamas, Spain

☆ New York is in, San Francisco is very much out for tech workers relocating
▼ + stars: | 2024-04-15 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +3 min

New York City gained the most relocating tech workers in 2023, SignalFire reports. AdvertisementNew York is continuing to gain on San Francisco as a rival tech hub. The greater New York City area drew the biggest share of relocating tech workers last year compared to any other major city in the US, according to a new SignalFire report. The most common move for tech workers in the San Francisco Bay Area was to New York, the report found. AdvertisementMeanwhile, SignalFire found that the San Francisco Bay area actually saw its tech pool shrink by the largest percentage last year.

Persons: San Francisco, —, SignalFire Organizations: York City, San, Los Angeles, Service, Big Apple, Austin, CNBC, Sequoia Capital, Nvidia, SF Bay Area Locations: York, Austin, Francisco, New York City, San Francisco Bay, New York, Los Angeles, Seattle, Boston, San Francisco, California, San, Santa Clara , California, West, San Jose , California

☆ Italy launched a new digital nomad visa—find out if you qualify and where to apply
▼ + stars: | 2024-04-12 | by ( Celia Fernandez | ) www.cnbc.com time to read: +1 min

Italy is one of the many countries in Europe now offering digital nomad visas. If you're a digital nomad or a remote worker looking for your next home away from home, consider Italy. The country's new digital nomad visa went into effect his month, according to Euronews. The visa is good for one year and can be renewed Armando Oliveira | Istock | Getty ImagesTo take advantage of Italy's new digital nomad visa, remote workers must have an annual income of at least three times the minimum level required for exemption from participating in healthcare costs. Italy also requires applicants to have health insurance for the duration of their stay, suitable accommodations, and proof that they have been digital nomads or remote workers in another place for at least six months.

Persons: Armando Oliveira Organizations: Istock Locations: Italy, Europe, Italian

☆ Your boss could be fined $100 for bothering you after work under a newly proposed California law
▼ + stars: | 2024-04-11 | by ( Morgan Smith | ) www.cnbc.com time to read: +3 min

Your boss could soon be fined for contacting you after hours under new legislation in California. If the bill becomes law, any employer that violates it could face a fine of at least $100. At least 10 other countries including France, Canada and Portugal have laws supporting workers' "right to disconnect." The bill only regulates employers in California, so remote workers in California reporting to out-of-state employers are not counted in the bill. Instead, he hopes it encourages employers to have "transparent, upfront" conversations with employees about when and how they work.

Persons: Matt Haney, Haney Organizations: CNBC, Companies, Pew Research Locations: California, San Francisco, France, Canada, Portugal, York City

☆ This is the No. 1 state for working from home, according to WalletHub
▼ + stars: | 2024-04-11 | by ( Annie Probert | ) www.cnbc.com time to read: +1 min

But some states are better than others when it comes to offering the ideal remote work environment, according to a new WalletHub report that identified the best and worst states for working from home. To create this list, WalletHub compared the 50 states and the District of Columbia across two main dimensions, work environment and living environment. New Jersey was named the best state for working from home thanks to its cheap internet costs and high access to broadband internet. Utah ranked second in part because it has the largest homes in the country, preventing remote workers from feeling confined. Here are the 10 best states for working from home, according to WalletHub:

Organizations: District of Columbia, New, Utah Locations: New Jersey

☆ The Fried Chicken Is in New York. The Cashier Is in the Philippines.
▼ + stars: | 2024-04-11 | by ( Stefanos Chen | ) www.nytimes.com time to read: 1 min

At Sansan Chicken in Long Island City, Queens, the cashier beamed a wide smile and recommended the fried chicken sandwich. Or maybe she suggested the tonkatsu — it was hard to tell, because the internet connection from her home in the Philippines was spotty. Romy, who declined to give her last name, is one of 12 virtual assistants greeting customers at a handful of restaurants in New York City, from halfway across the world. The virtual hosts could be the vanguard of a rapidly changing restaurant industry, as small-business owners seek relief from rising commercial rents and high inflation. Others see a model ripe for abuse: The remote workers are paid $3 an hour, according to their management company, while the minimum wage in the city is $16.

Locations: Long Island City, Queens, Philippines, New York City

☆ Remote work has been a mixed bag for women when it comes to pay. But it's helped some men be 'overemployed' and make six figures.
▼ + stars: | 2024-04-10 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +7 min

But a lot of women haven't been able to take advantage of this remote work perk. Remote work has helped women's progress toward equal pay, but it's had a mixed impact on women's career advancement. On the one hand, remote work has allowed more women to stay in the workforce when they otherwise might forced out due to childcare demands. Women's relationship with remote work both helps and hurtsWomen are working at near-record levels, and the growth of remote work in recent years is among the key reasons. AdvertisementMen and women work from home at very similar rates, but there's some evidence that remote work is even more prevalent among women.

Persons: —, haven't, it's, jugging, jugglers, Aaron Terrazas, Nicholas Bloom, Sarah Small, Small, Nicole, Stanford's Bloom, Meredith Whitney, Utah's Organizations: Service, Business, Stanford, University of Utah, of Labor Statistics, WomenTech Network, Labor Department, Bard College Locations: Washington, overemployment

☆ Landlords Use a Popular Software Tool to Jack up Apartment, Home Rents
▼ + stars: | 2024-04-10 | by ( James Rodriguez | ) www.businessinsider.com time to read: +15 min

Rents soared thanks to a shortage of apartment units, remote workers' desire for more space, and a daunting for-sale market that kept many renters stuck in place. Without RealPage, the plaintiffs argue, landlords would be hesitant to jack up rents; instead, they'd focus on keeping their buildings full. In short, the lawsuits that started with apartment rents could one day change how we pay for everything. By turning over pricing to the algorithm, plaintiffs say, RealPage's clients are encouraged to push rents higher than if they'd left the decisions up to humans. The RealPage cases are about far more than apartment rents.

Persons: RealPage, Kris Mayes, they'll, they'd, —, Zillow, there's, Marie Claire Tran, Leung, Tran, Matt Damon, Maureen Ohlhausen, Bob, Ohlhausen, Ed Rogers, Ballard Spahr, Jeffery Cross, Smith Gambrell Russell, didn't, it'll Organizations: Revenue Management, ProPublica, National Housing Law, FBI, RealPage, Department, Federal Trade Commission, Politico, Washington, Justice Department, FTC Locations: Texas, you've, Phoenix, Tucson, Washington, DC, RealPage, Arizona, Tennessee

☆ Inside the Fight Over Software That Tells Landlords to Hike Your Rent
▼ + stars: | 2024-04-10 | by ( James Rodriguez | ) www.businessinsider.com time to read: +15 min

☆ Italy launched its long-awaited 'digital nomad visa' — here's who qualifies and how to apply
▼ + stars: | 2024-04-10 | by ( Jordan Hart | ) www.businessinsider.com time to read: +2 min

It just got much simpler for remote workers to move to Italy. Non-EU or Swiss citizens can now apply for a digital nomad visa that lasts for one year. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The Italian government defines digital nomads as non-European Union or Swiss citizens who are highly skilled, Euronews said. And while the digital nomad visa is only good for one year, it can be renewed — and your family can be included.

Persons: —, it's, Euronews, they've, you've Organizations: EU, Service, European Union Locations: Italy, Swiss, Europe

☆ 13 cities where hiring is growing — Florida and Texas lead, while the coasts are declining
▼ + stars: | 2024-04-09 | by ( Noah Sheidlower | Juliana Kaplan | ) www.businessinsider.com time to read: +4 min

Hiring is increasing in smaller cities and large hubs in Florida and Texas, according to a Gusto analysis. Cities like Orlando, San Antonio, and Houston saw significant increases in hiring share. Whereas major coastal cities accounted for 35% of hiring before March 2020, this percentage is now about 29%. Meanwhile, Florida and Texas cities are on somewhat of a hiring spree. AdvertisementDid you move away from the coasts to Florida, Texas, or a smaller city?

Persons: —, Orlando, that's, Courtney Quinlan Organizations: Houston, Service, Rockies, San, Boise Locations: Florida, Texas, Northeast, California, Orlando, San Antonio, New York City, Los Angeles, Seattle, San Francisco, Jose, Washington, Miami, Austin, St, Louis, Midwest, Florida , Texas

☆ Richard Branson’s cruise line launches month-long cruise for remote workers
▼ + stars: | 2024-04-05 | by ( Mike Cappetta | ) www.cnbc.com time to read: +1 min

Virgin Voyages is targeting a new type of traveler: remote workers. In March, the Miami-based cruise line owned by Sir Richard Branson introduced a month-long cruise called the "Scarlet Summer Season Pass." It's essentially four week-long cruises packaged together to appeal to remote workers who want to spend a month at sea in southern Europe. That prompted Virgin Voyages to open additional spots for remote workers on a second cruise ship this summer. The "Season Pass" cruises will sail on Virgin's Scarlet Lady and Resilient Lady ships, each of which can accommodate around 2,700 guests.

Persons: Sir Richard Branson, It's, Nirmal Saverimuttu, Virgin Organizations: Voyages, CNBC Travel, Virgin Voyages, Cruises Locations: Miami, Europe, Cannes, Rome, Ibiza

☆ If you want a high-paying job and a more affordable house, move to the Rockies or the South
▼ + stars: | 2024-04-04 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In Utah, the share of residents in prosperous ZIP codes during the 2017 through 2021 period grew to 55% from 47% in the 2011 to 2015 period. During the 2017 to 2021 period, the share of residents in a prosperous ZIP code jumped to 39% from 19% during the 2011 to 2015 window. Mississippi has the largest share of residents in a distressed ZIP code, while the share in Louisiana rose by 10 percentage points. And in New York, the share of residents in a distressed ZIP code jumped to 20% from 12%.

Persons: —, Daniel Newman, Kenan Fikri, EIG Organizations: Service, Economic, Business, DCI, East South, Politico, New Locations: Idaho , Montana , Utah , Nevada, Georgia, South Atlantic, New England, Utah, Idaho, In Utah, Ogden, . Mississippi, Louisiana, New York, New York City, York City

☆ Workers say employers should pay for their commute if they want them back in the office
▼ + stars: | 2024-04-04 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +2 min

8 out of 10 workers in a new survey said a free commute would persuade them to return to the office. The average commute cost has surged drastically since the pandemic. Ringover surveyed remote workers (or those who were remote until recently) about what it would take for them to be down to return to the office. And while commute times in several cities have shortened since the pandemic, the average one-way office commute is still about 27 minutes, according to The New York Times. That's about an hour spent going back and forth between work every day, and many remote workers now see that as time that could be put to better use in their personal lives.

Persons: —, That's, There's Organizations: Workers, Service, The New York Times Locations: Bankrate, West Virginia, North Dakota

☆ Remote workers who switch to in-office jobs are boosting their pay by as much as 30%, says new research
▼ + stars: | 2024-03-27 | by ( Morgan Smith | ) www.cnbc.com time to read: +5 min

Salaries for fully in-office roles are climbing in the United States. As of March 2024, hybrid roles pay $59,992 on average, in 2023, that number was $54,034, ZipRecruiter reports. Remote jobs now pay $75,327, but in 2023, they paid an average $69,107. Given how competitive the job market has been in recent months — especially for remote roles — Bui says it's a "fair trade-off." It's too soon to tell if higher salaries will be enough to convince people to choose an in-office job over a remote offer.

Persons: switchers, Johnny Bui, Bui, — Bui, it's, Julia Pollak, ZipRecruiter's, Pollak, It's Organizations: United States . Companies, CNBC, Visa, LinkedIn, Employees, Owl Labs, Employers Locations: United States, U.S, Austin , Texas

☆ Leaked document shows Amazon expects to save $1.3 billion by slashing office vacancies and terminating leases early
▼ + stars: | 2024-03-27 | by ( Eugene Kim | ) www.businessinsider.com time to read: +5 min

Read previewAmazon expects to save roughly $1.3 billion in coming years by radically reducing office vacancies, according to a person familiar with the matter and an internal document obtained by Business Insider. The company's office-vacancy rate of almost 34% results from slower growth and layoffs, the person familiar told BI. Related storiesIn an email to BI, Brad Glasser, a spokesperson for Amazon, said it's a normal business practice to review the company's real-estate portfolio. AdvertisementThe person familiar with the matter also noted that so-called "hibernations" can help reduce office costs for Amazon. Internally, Amazon is aware of how last year's RTO policy caused confusion and frustration among some employees, people familiar with the plans told BI.

Persons: —, Fitch, Brad Glasser, Glasser, Andy Jassy Organizations: Service, Business, Google, Amazon, Alexa

☆ No slowdown in spending among the wealthy on this Bahamian island
▼ + stars: | 2024-03-23 | by ( Bob Pisani | ) www.cnbc.com time to read: +1 min

The Bahamas has more than 700 islands and cays; remote workers and students can live on 16 of them, including Eleuthera (shown here). "I hear she's staying right up the street," a woman sitting alone at the bar told us. With a population of only 1,800, Harbour Island and its one and only town, Dunmore Town, makes Saint Barts (population 11,000) look like midtown Manhattan. The woman herself, she explained, had moved to Eleuthera, a 10-minute water taxi ride away, where the hoi polloi rarely come, apparently. All of which begs the question: Why on earth would anyone, let alone Taylor Swift and a bunch of billionaires, come to this tiny speck?

Persons: Taylor Swift, Travis Kelce, speck, bemusement, Barts, she's, eyeing, Saint Locations: Bahamas, Dunmore Town, Manhattan, Eleuthera

☆ Travel news: These are the global airports passengers love the most
▼ + stars: | 2024-03-16 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +7 min

CNN —In travel news this week: passenger–pleasing airports, cool streets around the world, France’s frog-leg crisis and Ireland’s best food and drink. World’s best airportsThe busy beavers at Airports Council International have gathered nearly 600,000 surveys from travelers at more than 400 airports around the world and have revealed the passengers’ favorites. What’s Japan’s most international city? DenisTangneyJr/iStockphoto/Getty Images Topeka, Kansas: Choose Topeka doesn’t just focus on remote workers. Ron Buskirk/Alamy Stock Photo Rochester, New York: The Greater ROC Remote program offers $10,000 in grants and incentives (plus another $9,000 for home-buying grants).

Persons: South Carolina • Gerald R, Mohammed, Patrick’s, you’ll, –, Saint Patrick, ”, they’ve, John Hope Franklin, Tyler Layne, Ali Majdfar, Roberto Galan, Ron Buskirk, Denis Tangney Jr, Walter Bibikow, Ann Arbor, Paul Brady, Titanic, “ It’s Organizations: CNN, Council International, Spartanburg International, Ford International, Mohammed V International, Turkey • Guayaquil International, Salalah, Oman • Sultan Hasanuddin International, Green, of, US Centers for Disease Control, John Hope Franklin Reconciliation, Getty Images, Topeka doesn’t, Getty, Shoals, ROC Remote, Images, Miami Beach Locations: Greenville, South Carolina, Michigan, Rome, Italy, Morocco • Izmir Adnan Menderes, Turkey, Ecuador, Oman • Sultan, Indonesia • Yogyakarta, Indonesia, Asia, Tokyo, Spain, Valencia, of Europe, Happy, Ireland, South Korea, Tulsa , Oklahoma, Tulsa, Tulsa West Virginia, New, West Virginia, Getty Images Indiana, Evansville, Getty Images Topeka , Kansas, Topeka, Kentucky, Mayfield, Graves, Alabama, Tuscumbia, Rochester , New York, Images Alaska, Alaska, Sitka, Getty Images Michigan, Ann

☆ Dell workers can stay remote — but they're not going to get promoted
▼ + stars: | 2024-03-16 | by ( Polly Thompson | ) www.businessinsider.com time to read: +9 min

AdvertisementUnder the new policy, staff were told that from May almost all will be classified as either "hybrid," or "remote." Dell told BI in a statement that "in-person connections paired with a flexible approach are critical to drive innovation and value differentiation." The Dell worker lives about a 45-minute drive from the nearest office and works 10-hour shifts four days a week. AdvertisementAnother Dell worker told BI: "I would support that if I actually had team members that were local and would actually go on-site. Period," the senior Dell worker agreed.

Persons: —, Dell, Dell who's, Michael Dell's, CRN, Michael Dell, Cary Cooper, Cooper, There's, Brandon Bell, there's Organizations: Service, Dell, BI, Dell . Dell Technologies, Dell Technologies, National Forum for Health, Getty, Employees, Workers, SEC Locations: Round Rock, United States, Dell, Germany

☆ I earn 6 figures working just 10 hours a week. Here's how I rate my 8 income streams based on difficulty and earning potential.
▼ + stars: | 2024-03-13 | by ( Aria Yang | ) www.businessinsider.com time to read: +10 min

Grace Ryu quit her tech job to pursue multiple income streams and now earns over $100,000 a year. Chasing different income streams aligns with my personality — it satisfies my desire to explore and try as much as possible. Here's a breakdown of my eight income streams, with earnings, difficulty level, and time spent each week:Advertisement1. Luxury picnic businessEasy rating: 9/10Lucrative rating: 7/10I run a luxury picnic business with my best friend and my boyfriend. AdvertisementI wish I had diversified my income soonerAlthough building my income streams took a lot of hustling upfront, I wish I had started sooner.

Persons: Grace Ryu, —, Kendra Scott, It's, you'll, isn't, I've Organizations: Service, Facebook, Texas, M University, Brands, Amazon's, UGC, Rover Locations: Houston, New York

☆ Half of Americans would take a pay cut to work remotely — and many are willing to give up vacation days, survey finds
▼ + stars: | 2024-03-13 | by ( Juliana Kaplan | Noah Sheidlower | ) www.businessinsider.com time to read: +4 min

Many workers are willing to take pay cuts, increase working hours, or give up benefits for remote work. AdvertisementIt turns out that remote work is still valuable — at least for prospective employees. And they're willing to pay for that ability: Half of workers surveyed said they would take a pay cut for the policy. AdvertisementA majority of workers also reported being willing to move elsewhere for work if given the chance to work remotely. AdvertisementJay, an elder millennial, previously told Business Insider that he took a $35,000 pay cut so he wouldn't have to live near his office.

Persons: —, they'd, Millennials, that's, Nick Bloom, Jay, Insider's Aki Ito Organizations: Service, Stanford, WFH Research, Workers, Harvard Locations: Washington

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