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☆ 3 questions Elon Musk will need to answer at Tesla's highly anticipated robotaxi event
▼ + stars: | 2024-09-26 | by ( Nora Naughton | ) www.businessinsider.com time to read: +5 min

The event, originally scheduled for August, is where CEO Elon Musk has promised to release a final design and more detailed plans for Tesla's Uber-like self-driving car service. AdvertisementIn typical form, Musk's promise that the robotaxi business was taking shape offset a major earnings miss and juiced Tesla's languishing stock price. Spak wrote. In the same note, Spak raises questions about Tesla Full Self Driving (FSD)'s rate of improvement compared to competitors like Waymo. Advertisement"Tesla's future valuation is highly dependent on its ability to develop, manufacture, and commercialize autonomous technologies," Jonas wrote.

Persons: —, Elon Musk, Tesla's Uber, Musk, juiced, Joseph Spak, Spak, Tesla, Morgan Stanley, Adam Jonas's, Jonas, Tesla's FSD Organizations: Service, Business, Tesla, UBS, Hertz, California Locations: Tesla's, robotaxi, Los Angeles

☆ Turkish Airlines offered to charge Eric Adams $50 for two business-class seats worth $15,000, prosecutors say
▼ + stars: | 2024-09-26 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +5 min

Eric Adams took perks and donations from the Turkish government for years, prosecutors say. "It is very expensive because it is last minute," the airline manager texted the Adams staffer, according to the indictment. AdvertisementThe Adams staffer pushed the manager to charge a more realistic-sounding price, prosecutors say. The Adams staffer asked for "$1,000 or so," noting that Adams' "every step is being watched right now." The Turkish Airlines manager also offered to set up Adams in the Four Seasons, which the Adams staffer deemed "too expensive."

Persons: Eric Adams, wasn't, Adams, —, Damian Williams Organizations: Service, Turkish Airlines, Prosecutors, Turkish, United Nations, Cosmopolitan Suite, Regis Locations: Turkish, New York City, Turkey, Istanbul, Manhattan, Regis Istanbul, New York, France

☆ These real estate stocks top Bank of America’s buy list
▼ + stars: | 2024-09-26 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

Investors looking to get in on the recent rise in real estate stocks should focus on quality, according to Bank of America. The real estate sector of the S & P 500 has been moving higher over the past month or so and is now up 10% year to date, after being in the red earlier this year. Real estate investment trusts are also an income play, often paying out attractive dividends. .SPLRCR YTD mountain S & P 500 Real Estate Sector The Federal Reserve started its rate-cutting cycle last week, slashing the federal funds rate by 50 basis points. Health-care real estate is a play on the aging of America , which will see more people seeking medical services and senior housing, Hall said.

Persons: Jill Carey Hall, REITs, Hall, Jeffrey Spector, Welltower, Spector Organizations: Bank of America, Real, Federal Reserve, Communities, American, Federal Realty Investment Trust Locations: America, U.S

☆ Nigerian company Autogirl wants to be the Airbnb of car rentals
▼ + stars: | 2024-09-25 | by ( Victoria Barauna | ) edition.cnn.com time to read: +6 min

In 2023, it announced it would be expanding to Kenya, with a rollout of 1.2 million electric vehicles. Around the world, transport startups are embracing electric vehicles, and those in Africa are no different. In 2023, it announced it would be expanding to Kenya, with a rollout of 1.2 million electric vehicles. Uncover , a Kenyan skincare brand, says it wants to fill this gap by providing healthy cosmetics that put African women first. ‘‘We want to be the Airbnb of vehicle rentals in Africa and ultimately the world,” Arinze says.

Persons: Chinazom Arinze, ” Arinze, “, Spiro, Clement Di Roma, Simon Maina, Prince William’s, James Oatway, there's, Edwin Maina, Arinze, …, Autogirl, hasn’t, she’s, ’, ‘, Airbnb, ” Organizations: CNN, Babcock University, Getty, Reeddi Technologies, The Royal Academy of Engineering, Kenyan, Hertz, Hyundai, Lexus Locations: Nigeria, Benin, Kenya, Africa, AFP, China, Cameroon, Rwanda, Ghana

Secret Service advance agents did not request a surveillance team, which could have helped patrol the rally for approximately 15,000 attendees. The lead advance agent for the Secret Service could not even answer the committee when asked who secured the building. Other security requests deniedTrump’s Secret Service security detail requested Counter Assault Team liaisons ahead of the July 13 rally but were denied. The liaison would provide specialized tactical advice to other Secret Service agents and law enforcement on the ground. The lead advance agent also told the committee she requested 13 magnetometers from Secret Service, but only received 10.

Persons: Donald Trump, Thomas Matthew Crooks, Trump, Jill Biden, “, ” Sen, Richard Blumenthal, Abbott, Costello, ‘ who’s, ” Nobody, Butler, –, ”, Crooks, wasn’t, “ It’s, Sen, Rand Paul, whoever’s, ” Paul, ” Blumenthal, Kimberly Cheatle, “ I’m, there’ll, what’s Organizations: CNN, Secret, Secret Service, Service, Connecticut Democrat, Trump, Agents, Emergency Services Unit, Emergency, Unit, US Secret Service, Butler, FBI, SAIC, Trump’s, Kentucky Republican, Capitol Locations: Butler , Pennsylvania, Connecticut, Pittsburgh, Butler, Iran, Kentucky

☆ Connecting your phone to rental car infotainment system? There is a big, hidden privacy risk
▼ + stars: | 2024-09-25 | by ( Barbara Booth | ) www.cnbc.com time to read: +6 min

The recent data breach that exposed the sensitive information of some 300,000 Avis customers highlighted some critical vulnerabilities within the rental car industry. Yet, there's another, often overlooked security risk when drivers use a rental car: the personal data you unknowingly leave behind when syncing your mobile device to a rental car's infotainment system. Privacy policies say the customer is responsibleExperts agree that car rental companies need to start implementing best practices to better protect customers. Despite this, many rental companies lag in applying adequate protections. When you read those car rental agreements, they say you leave the data in the car, it's your problem.

Persons: Ford's, Biden, Andrea Amico, Privacy4Cars, James Hajjar, Hajjar, you've, Clyde Williamson, John Price, Yashin Manraj Organizations: Avis, Hartford, Enterprise, Pvotal Technologies, Android, Apple Locations: U.S, Protegrity

☆ In this close election, these reshoring bets are likely to succeed no matter who becomes president
▼ + stars: | 2024-09-25 | by ( Michelle Fox | ) www.cnbc.com time to read: +6 min

Trade will work regardless Yet, reshoring is the one macroeconomic trade that will work no matter who wins the White House, according to Societe Generale. Last year, there were 287,000 reshoring and foreign direct investment job announcements, the second-highest year on record, according to the Reshoring Initiative . "One trade that has worked under both of the last two administrations is our US Reshoring 'beneficiary' equities," Kabra wrote. The company provides industrial automation products and services. The industrial conglomerate has a hand in a range of industries, including industrial automation solutions and building automation.

Persons: Donald Trump, Trump, Kamala Harris, John Deere, Harris, Dan Levy, Manish Kabra, Kabra, reshoring, Morgan Stanley, Blake Moret, Jill Carey Hall, Michael Feinger, Feinger, Peter Matt Organizations: Barclays, Societe Generale, Science, Generale's, China, Reshoring, Trump, Packaging Corporation of America, Cummins, Rockwell Automation, Honeywell, Bank of America, Eaton, Steel Dynamics, United Rentals, Commercial Metals Locations: United States, Mexico, China, U.S, reshoring, Midwest

☆ These companies could be poised to start paying dividends, Morgan Stanley says
▼ + stars: | 2024-09-25 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +4 min

The Federal Reserve's move to start cutting interest rates bodes well for dividend-paying stocks, and Morgan Stanley thinks several companies are poised to join their ranks. "Equity investors are seeking durable, higher yielding dividends as market volatility is expected to continue throughout the easing cycle," wrote Morgan Stanley strategist Todd Castagno in a report last Friday. Morgan Stanley drew up a list of companies that might have what it takes to start paying dividends, drawn from stocks that boast net cash and generate a free cash flow exceeding 3%. Instacart was also seen as a potential dividend initiator by Morgan Stanley. Other companies that Morgan Stanley highlighted as potential dividend initiators include short-term vacation rental company Airbnb and biotech play United Therapeutics .

Persons: Morgan Stanley, Todd Castagno, Castagno, Morgan, Piper Sandler, James Fish, Instacart, Raymond James, Josh Beck Organizations: Equity, Companies, United Therapeutics

Mortgage rates are expected to drop, which means that it might be a good time to buy a second home. There's no perfect time to buy a home, so I'm more concerned with whether it feels like a good time. So, while mortgage rates are expected to go down this year for primary homes, mortgage rates for second homes might not fall as equally. Still, the Fed rate cut is already impacting mortgage rates, which could benefit second-home mortgages, as well. Barring a big windfall of cash allowing you to buy something outright, there may never be a "perfect" time to buy a home.

Persons: Grams, I'm, Grams —, doesn't, Cheryl Lock Cheryl Lock, Read Organizations: USA, Forbes, MarketWatch, Twitter, LinkedIn Locations: Denver

☆ How Austin, Texas Cut Home Prices, Built Houses, and Stopped a Crisis
▼ + stars: | 2024-09-25 | by ( James Rodriguez | ) www.businessinsider.com time to read: +13 min

But as other pandemic Zoomtowns continue to see increases in prices and rents, Austin stands alone in its change of fortune. Housing in Austin has been through so many extreme distortions that nobody really knows what "normal" even means anymore. All told, Austin's housing stock has ballooned by more than 76,000 units since 2020, an 8.34% increase that includes single-family homes, condos, and townhomes. Considering the size of the Austin market, moving the stock of homes by nearly 10% is a colossal feat. Related storiesNobody watching the Austin market should be having flashbacks to the Great Recession.

Persons: Austin, homebuyers, homebuilders, Zillow, Elon Musk, Joe Rogan, Homebuyers, Keith Hughes, I'd, That's, Jason Lewris, Lewris, Doreen Sidney, Austin wasn't, Austin's homebuilders, Freddie, Sean Kelly, Rand, Freddie Mac, Jenny Schuetz, homebuilding, Kelly, he's Organizations: Austin, Oracle, Facebook, Google, Elon, Census, Parcl Labs, Federal Reserve, San Antonio —, Austin ., Freddie Mac, Brookings Institution Locations: California, Austin, Real, Texas, Francisco, San Francisco, San Antonio, Boston

☆ 10 things to watch in the stock market Wednesday, including automaker downgrades
▼ + stars: | 2024-09-25 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Top 10 things to watch Wednesday, Sept. 25 — Today's newsletter was written by the Investing Club's director of portfolio analysis, Jeff Marks. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jeff Marks, Morgan Stanley's, Adam Jonas, Jonas, Tyson Food, Piper Sander, KeyBanc, they've, Wells, Baker Hughes, Halliburton, SLB, Baird, Gabrielle Fonrouge, Expedia, Cowen, Oppenheimer, Jim Cramer's, Jim Cramer, Jim Organizations: Club, Nvidia, Micron, U.S, Ford, General Motors, Hewlett Packard Enterprise, Barclays, Juniper Networks, Micro, Dell Technologies, Union Pacific, Department, Google, Jim's, Jim Cramer's Charitable, CNBC Locations: U.S, China

☆ Apartment rents are down and supply is up 170% in Buenos Aires since Argentina scrapped all rental regulations
▼ + stars: | 2024-09-25 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +1 min

Buenos Aires is seeing apartment rents down 40% and supply up over 170%, the WSJ reported this week. The controls limited annual rent increases, causing landlords to leave units empty or hike up initial lease prices. 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 . Since last October, rents have fallen 40% and supply has skyrocketed over 170%, according to The Wall Street Journal.

Persons: — Organizations: Service, Wall Street, Business Locations: Buenos Aires, Argentina

☆ The biggest single-family home landlord in the US is poised to pay $48 million in settlement with FTC
▼ + stars: | 2024-09-24 | by ( Eliza Relman | ) www.businessinsider.com time to read: +1 min

Invitation Homes is poised to pay over $48 million in a settlement with the FTC. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. 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 . AdvertisementThe country's largest single-family home rental company is poised to pay more than $48 million as part of a proposed settlement with the Federal Trade Commission over allegations that it deceived and overcharged consumers.

Persons: — Organizations: FTC, Service, Federal Trade Commission, Invitation, Business Locations: California

Annual fee Insider’s Take The Southwest Rapid Rewards® Premier Credit Card is worth considering if you fly Southwest, even occasionally. Southwest Rapid Rewards® Premier Credit Card OverviewThe Southwest Rapid Rewards® Premier Credit Card is the middle child of Chase's three Southwest consumer credit cards. Southwest Rapid Rewards® Plus Credit Card vs. Southwest Rapid Rewards® Premier Credit CardThe Southwest Rapid Rewards® Plus Credit Card is the "baby" card of the Southwest family. Southwest Rapid Rewards® Priority Credit Card vs. Southwest Rapid Rewards® Premier Credit CardThe Southwest Rapid Rewards® Priority Credit Card is Southwest's top-tier consumer credit card, and the option you should consider instead of the Southwest Premier if you frequently fly on this airline. The Southwest Rapid Rewards® Premier Credit Card has an "older sibling" — the Southwest Rapid Rewards® Priority Credit Card.

Persons: HBO Max, you'll, You'll, cardholders, Jasmin Baron, Read, Angela Fung Organizations: Business, Rewards, Card, Rapid, Southwest Premier, Southwest ®, Southwest, Southwest Premier cardholders, Apple, Disney, ESPN, HBO, Hulu, Netflix, Pandora, Paramount, Showtime, Spotify, YouTube, Southwest Premier Southwest, Central America, Rapid Rewards, Chase, Sapphire, Southwest Airlines, cardholders, TSA, Southwest Premier Chase, Finance Locations: Hawaii, Mexico, Caribbean, Central, Southwest airfare, Southwest, U.S, Chevron, Canada

☆ When I moved to Bali 10 years ago it was poised to be a new Silicon Valley. Now, it's overcrowded and touristy.
▼ + stars: | 2024-09-24 | by ( Charissa Cheong | ) www.businessinsider.com time to read: +7 min

Read previewThis as-told-to essay is based on a transcribed conversation with Christin Baumgarten, 39, about living in Bali with her husband and two kids. I moved to Bali from Berlin in April 2014. I moved to Bali when it was becoming known as an emerging startup hubI initially just planned to stay in Bali for the length of the three-month internship. Related storiesI was lonely at first, but now I have a husband and 2 kids hereInitially, I found Bali a bit lonely. Another is that following the Ukraine war, lots of people from Russia and Ukraine have moved to Bali.

Persons: —, Christin Baumgarten, I'd, I've, we've, I'm Organizations: Service, Business, Tourism Locations: Bali, Berlin, Silicon Valley, Indonesian, Sumatra, Germany, Bali ., Ukraine, Russia, Renon

☆ This US man failed Spanish in school. Now he’s running a language school in Spain
▼ + stars: | 2024-09-22 | by ( Silvia Marchetti | ) edition.cnn.com time to read: +11 min

Ted Purdom, from San Anselmo, California, graduated in 2011 with a bachelor’s degree in English and enrolled in an overseas language program, aiming to learn Spanish. He ended up in Mallorca, the capital of the Balearic islands off the east coast of Spain, for the nine-month program. A friend told him about another program that placed American “language coaches” in Spain, called “Auxiliares de Conversación,” (conversation assistants), run by the Spanish Ministry of Education. So that November he opened The Bridge English Academy in Manacor, converting a former wine store into classrooms to give English language courses to locals. Then there’s the fact that the islanders’ first language isn’t Spanish, but Mallorquin, a dialect of Catalan.

Persons: he’d, Ted Purdom, ”, Purdom, –, “, – Lluïsa, Apollonia, Neme Jimenez, iStock, ” Purdom, Llombards, Dennis Fischer Organizations: CNN, University of Oregon, Spanish Ministry of Education, Mallorca, English Academy, San Francisco Bay Area Locations: California, Mallorca, San Anselmo , California, Balearic, Spain, Spanish, Oviedo, Asturias, Mallorca’s, Palma, Manacor, American, kickstarting, San Francisco Bay, Francisco, Bay

☆ Why housing affordability could be a key issue for swing state voters in November, according to Redfin
▼ + stars: | 2024-09-22 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +4 min

The report says median asking rents in swing states have shot up almost 24% since 2020, with especially big increases in key states like Michigan. As rent prices have climbed, housing affordability remains stretched. AdvertisementThat's a $10,365 difference, meaning renters in swing states earn 17% less than they need to afford the typical apartment. "America's swing state voters will decide the outcome of the next presidential election based on the candidates' plans for tackling key issues including the housing affordability crisis," Fairweather said. In July, Redfin found the median monthly housing payment in swing states has nearly doubled in the last four years, rising by 92% to reach a record high of $2,161.

Persons: —, Redfin, Daryl Fairweather, Donald Trump, Kamala Harris, Harris, Trump, Fairweather Organizations: Service, Business, Midwest Locations: Michigan, Arizona , Nevada , Wisconsin , Michigan, Pennsylvania, Georgia, North Carolina, Arizona

☆ Residents of one European city just voted Airbnb out of their neighborhood
▼ + stars: | 2024-09-21 | by ( Dan Latu | ) www.businessinsider.com time to read: +3 min

Read previewResidents of a bustling neighborhood in downtown Budapest, Hungary, have voted to ban Airbnb-style rentals. The move comes as a growing list of European cities have cracked down or plan to levy restrictions on short-term vacation rentals. The mayor of Terézváros, Tamás Soproni, cheered the vote as a sign that residents were reclaiming the district. There are currently over 15,000 short-term rental listings in the city of Budapest, according to analytics site AirDNA. Terézváros' ban will need to be approved by Hungary's Parliament, but the national government has made it easier for local governments to hold these kinds of referendums on Airbnbs.

Persons: —, It's, Tamás Soproni, Soproni, Terézváros Organizations: Service, Business, Reuters Locations: Budapest, Hungary, Terézváros, Hungary's, Barcelona, Prague, Lisbon, Florence, Europe, New York City

☆ This is the most expensive U.S. city to retire—and it isn't in California or Hawaii
▼ + stars: | 2024-09-21 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +2 min

New York City ranks as the priciest city in the U.S. to retire, according to WalletHub's 2024 analysis of the best and worst places to retire. Following NYC, the two Hawaiian destinations that offer the highest quality of life for retirees — Pearl City and Honolulu — tied for second place. The median rental price for a one-bedroom apartment hit $4,500 a month in August, per Zumper's latest data. That's pretty steep compared with the national median rental price of $1,534 for a one-bedroom and $1,915 for a two-bedroom. The median rental price for all bedroom types in Manhattan is $5,000 versus $4,209 in Brooklyn, according to Zumper.

Persons: it's, WalletHub, New York City It's Organizations: Broadway, New York City, —, Honolulu —, U.S . Census Bureau, for Community, Economic Research, Tax, Boston, Boston Seattle Yonkers , New York Santa Rosa , California Bridgeport , Connecticut San, Jersey, Index, Metropolitan Museum of Art, New Yorkers, New York City's Department Locations: Central, New, U.S, — Pearl City, Honolulu, New York Honolulu, Pearl City, Hawaii, Boston Seattle Yonkers , New York Santa Rosa , California Bridgeport , Connecticut, Boston Seattle Yonkers , New York Santa Rosa , California Bridgeport , Connecticut San Francisco, Fremont , California, Jersey City , New Jersey South Burlington, Burlington , Vermont, New York City, New York, Manhattan, Brooklyn, NYC

☆ Miami man among 2 charged in $230 million cryptocurrency theft and laundering scam
▼ + stars: | 2024-09-20 | by ( Nbc South Florida | The Staff Of Nbc South Florida. | ) www.nbcnews.com time to read: +1 min

A Miami man is facing charges after authorities said he teamed up with a California man in a scam to steal and launder over $230 million in cryptocurrency. It appears the arrest is connected with an FBI raid of a waterfront home in the area of Northeast 83rd Street and N. Bayshore Drive. After they fraudulently gained access to victims’ cryptocurrency accounts, they transferred the funds into their possession and laundered the proceeds, authorities said. Lam and Serrano spent the laundered cryptocurrency proceeds on international travel, partying in nightclubs, luxury automobiles, watches, jewelry, designer handbags, and rental homes in Los Angeles and Miami, authorities said. Prosecutors said the investigation into the scam is ongoing.

Persons: cryptocurrency . Malone Lam, Jeandiel Serrano, Anne Hathaway ”, Serrano, ”, Lam, Prosecutors Organizations: FBI, Attorney’s, District of Columbia Locations: Miami, California, cryptocurrency ., Los Angeles, U.S, Northeast, Lam, Singapore

☆ What's Minneapolis' secret to fixing housing? Build more
▼ + stars: | 2024-09-20 | by ( Brian Cheung | ) www.cnbc.com time to read: +3 min

The Currie Commons housing development under construction in the Harrison neighborhood of Minneapolis, Minnesota, US, on Thursday, July 20, 2023. We want to house five or six or eight or 25 families," said Minneapolis Mayor Jacob Frey, who has overseen the Minneapolis 2040 plan. Both former President Donald Trump and Vice President Kamala Harris have broadly promised to provide some support for first-time homebuyers, with the Harris campaign offering more details. The campaign broadly said Trump's housing plan involves freeing up federal land for housing and cutting regulations. The Currie Commons housing development under construction in the Harrison neighborhood of Minneapolis, Minnesota, US, on Thursday, July 20, 2023.

Persons: Ben Brewer, Minneapolis Mayor Jacob Frey, Donald Trump, Kamala Harris, Harris, Tim Walz, Karoline Leavitt Organizations: Currie, Bloomberg, Getty, National Association of Realtors, Minneapolis Mayor, Minnesota Gov, Trump, Ford Motor Co Locations: Harrison, Minneapolis , Minnesota, United States, Minnesota, Minneapolis, U.S, Saint Paul , Minnesota, The Minneapolis

☆ A millennial FIRE couple shares how moving abroad and living on a $50k income helped them quadruple their net worth to $700k in 6 years
▼ + stars: | 2024-09-20 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +8 min

AdvertisementDavis shared how he's grown his net worth — and why he thinks finding one's dream work can help them live their ideal life. For example, if a person retires at age 60 — rather than age 50 — then it would be much easier for them to hit their retirement savings goal. That's why Davis thinks the key is finding one's dream work. "You just need enough money to cover any shortfall between what you want to spend and what your dream work pays," he said. To be sure, finding a job — forget about one's dream job — is easier said than done in today's economy.

Persons: —, he'd, Brian Davis, Davis —, he's, Davis, — Davis, Brian Davis Davis, Katie, it's, they've, hasn't, That's Organizations: Service, FIRE, Business, BI Locations: Abu Dhabi, Brazil, Lima, Peru, South America

☆ Vermont caps emergency motel housing for homeless, forcing many to leave this month
▼ + stars: | 2024-09-19 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: +5 min

BERLIN, Vt. — This fall, hundreds of the most vulnerable people experiencing homelessness in Vermont must leave state-funded motel rooms where they’ve been living as the state winds down its pandemic-era motel voucher program. The move is prompting outcry from municipal leaders and advocates who say many don’t have a place to go. The biggest exodus — about 230 households — is expected on Thursday when they reach a new 80-day limit stay in the motel rooms that the Legislature imposed starting in July. A new 1,110-room cap on the number of motel rooms the state can use to house those people in the warmer months from April through November also kicked in Sunday. The households will be eligible for motel housing again on Dec. 1 as winter sets in.

Persons: they’ve, Jen Armbrister, I’ve, ” Armbrister, She’s, Bruce Jewett, They’re, I’m, ”, Heidi Wright, Armbrister, Wright, nothing’s, “, William Fraser, Phil Scott, “ It’s, ” Scott, can’t Organizations: U.S . Department of Housing, Urban, Republican Gov Locations: BERLIN, Vt, Vermont, Montpelier, Barre, Berlin, ” Montpelier City, City, Chittenden County, Vermont’s, Burlington

☆ Kamala Harris' old apartment is on Airbnb from $6,000 a month — and we know at least one person who rented it
▼ + stars: | 2024-09-19 | by ( Dan Latu | ) www.businessinsider.com time to read: +3 min

Read previewTwenty years ago, inside a humble one-bedroom apartment in San Francisco's South of Market neighborhood, Kamala Harris might've one day dreamed of running for president. Ji has listed the apartment on Airbnb with a minimum of 30-night stays and advertises the "amazing opportunity to live inside the home previously owned by Vice President Kamala Harris." He's even added a commemorative wall with photos from her career, including the day she was sworn in as vice president, according to the listing. Setty served South Indian dishes to guests as they watched Harris debate former President Donald Trump, the Times said. The Times reported that Setty called Harris a "rock star" when talking with other supporters at the debate party.

Persons: —, Kamala Harris might've, Harris, Joe Biden, Zhengtao Ji, David, wasn't, Ji, Kamala Harris, hasn't, Lata Setty, Setty, Donald Trump Organizations: Service, Democratic, The New York Times, Business, Times, The Times, Naval Observatory Locations: San Francisco's, Market, California, Brentwood, Los Angeles, Washington, DC

☆ A millennial couple who moved from Colorado to Massachusetts explains why it's much more expensive — and why they don't regret it
▼ + stars: | 2024-09-19 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +5 min

They were lucky enough to lock in a 2.79% mortgage rate when they bought it — the average 30-year fixed mortgage rate is over 5% today. However, one non-financial factor began to lure the couple away from Colorado: family. Due to Massachussets' "higher cost of living," Nicole said the move has had a significant impact on their finances. For these people, buying a new home could mean taking on a significantly higher mortgage rate and monthly mortgage payment than they previously had. Lastly, while they live closer to family, Nicole said this hasn't saved them money on childcare.

Persons: —, Nicole Stanley, Jacob, Nicole, who's, Jacob don't, Jacob aren't Organizations: Service, Business, . Colorado, Denver, BI Locations: Denver, Aurora , Colorado, Colorado, Mattapoisett , Massachusetts, Massachusetts, New York, California, — Massachusetts, Massachuseets

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