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☆ 2 St. Louis residents are suing the city's basic income program in an attempt to halt what they call 'unconstitutional' $500 monthly payments to low-income families
▼ + stars: | 2024-06-26 | by ( Allie Kelly | Noah Sheidlower | ) www.businessinsider.com time to read: +6 min

Read previewAs St. Louis continues its guaranteed basic income pilot, two residents are suing to cut the program's funding. The plaintiffs, Greg Tumlin and Fred Hale, are both St. Louis residents. Adam Layne, the St. Louis city treasurer, previously told BI that St. Louis residents have primarily used their $500 a month to pay bills. BI reached out to the city of St. Louis and St. Louis Guaranteed Income for comment, but the parties did not respond by the time of publication. States like South Dakota, Arizona, and Iowa, Republican politicians have also brought basic income bans to the state legislature.

Persons: —, Louis, Greg Tumlin, Fred Hale, Tumlin, Adam Layne, Louis GBI, Joe Biden's, Jack Dorsey, St, Ken Paxton, Attorney Christian D Organizations: Service, Business, ARPA, BI, Texas Supreme, Attorney Locations: Missouri, state's, Louis, St, Texas, Harris, Harris County, Houston, States, South Dakota , Arizona, Iowa

☆ Forget Prince William's dancing — Jason Kelce says Princess Charlotte was the highlight of Taylor Swift's Eras Tour
▼ + stars: | 2024-06-26 | by ( Samantha Grindell | ) www.businessinsider.com time to read: +4 min

Read previewJason Kelce has a new favorite royal: Princess Charlotte. At one of the performances, they met three of the most famous people to ever come to a Swift show: Prince William, Prince George, and Princess Charlotte. Prince William brought his kids to the Eras TourWilliam attended the concert on Friday with George, 10, and Charlotte, 9. Princess Charlotte left an impressionJason said that meeting Princess Charlotte, who was grinning from ear to ear in her photos with Swift, was "the highlight" of his interaction with the royals. "I gotta say, Prince William was fantastic, but the highlight was Princess Charlotte," Jason said.

Persons: —, Jason Kelce, Princess Charlotte, Taylor Swift, Swift, Travis Kelce, Travis, Jason, Kylie Kelce's, Prince William, Prince George, Princess Charlotte . Prince William, William, George, Kate Middleton, Prince Louis, Prince of Wales, Kylie, I've, Charlotte, Wyatt, Bennett Organizations: Service, Wembley, London Authority, Business, London Locations: London, Charlotte, American

☆ Vietnam’s VinFast looks to tiny EV, priced at less than $10,000, to change its fortunes
▼ + stars: | 2024-06-26 | by ( ) www.cnbc.com time to read: +3 min

The Vinfast VF6 all-electric vehicle is on display at the 2022 Los Angeles Auto Show on Nov. 18, 2022 in Los Angeles, California. Vietnamese automaker VinFast, for a short time the third-most valuable car company in the world, has a big problem: It just can't sell enough cars. Designed specifically for the Vietnamese and other Asian markets, the VF3 is priced for "mass appeal," according to VinFast. VinFast's future matters for Vietnam, both because its ambitions dovetail with the Communist Party's own goals, and because of parent company Vingroup's large role in the Vietnamese economy. "We will never let VinFast go," he told Vingroup shareholders at their annual general meeting in April, according to state media.

Persons: Le Thi, VinFast, It's, Vingroup, Pham Nhat Vuong, Tu Le Organizations: Angeles Auto, Nasdaq, General Motors Corp, Ford Motor Co, Communist, Vingroup's, U.S . Securities, Exchange Commission, Sino Locations: Los Angeles , California, Le, U.S, VinFast, North Carolina, California, Vietnam, Ukraine, Asia

☆ How to lay a strong foundation for your small business' success before opening day
▼ + stars: | 2024-06-26 | by ( Sponsor Post | ) www.businessinsider.com time to read: +4 min

Open a business bank accountOpening a business bank account is the best way to keep your business and personal finances separate. Many small business owners find that building an advisory team made up of an accountant, a bookkeeper, and an attorney can save them from making costly mistakes. If you can't afford professional advisors, your local Small Business Development Center, run by the US Small Business Administration, and SCORE, a nonprofit staffed by seasoned volunteer executives, can provide you with free advice. Small business insurance from State Farm offers coverages for a wide range of business types, allowing you to personalize policies tailored to fit your specific needs through a local agent. Learn how State Farm can support your small business in 2024.

Organizations: Small Business Development Center, US Small Business Administration, SCORE, State Farm, Insider Studios Locations: coverages, copycats

☆ An embattled oil tycoon is selling a mansion in Singapore for $32 million. It's one of the city's status-symbol houses that business leaders covet.
▼ + stars: | 2024-06-25 | by ( Amanda Goh | ) www.businessinsider.com time to read: +1 min

An oil tycoon convicted of cheating and instigating forgery is selling his mansion in Singapore for $32 million. In land-scarce Singapore, Good Class Bungalows — mansions on private land — are a trophy among the ultrawealthy. AdvertisementA former oil tycoon convicted of cheating and instigating forgery is selling his mansion in Singapore for $43 million Singapore dollars, or $32 million. Lim Oon Kuin, the founder of the collapsed oil firm Hin Leong Trading, is putting his Good Class Bungalow in Tanglin Hill, one of the city's wealthy enclaves, for sale. The largest and most expensive type of landed home available in Singapore is known as a Good Class Bungalow, or GCB.

Persons: Shou Zi Chew, James Dyson, —, Lim Oon Kuin, Hin Organizations: Good, Service, Hin Leong, Business Locations: Singapore, Tanglin Hill

☆ How 'Bridgerton' Merch, Brand Collabs, and Marketing Made Regency Era Cool Again
▼ + stars: | 2024-06-25 | by ( Olivia Singh | ) www.businessinsider.com time to read: +14 min

Advertisement'Bridgerton' provided escapist entertainment during a period of isolationPhoebe Dynevor as Daphne Bridgerton and Regé-Jean Page as Simon Basset in season one of "Bridgerton." Will Tilston, Florence Hunt, Luke Thompson, Ruth Gemmell, Luke Newton, and Nicola Coughlan in "Bridgerton" season three. Not only did "Bridgerton" fans read the novels, but they showed off the books themselves — original editions, newer covers, and limited edition variant box sets — on BookTok. Bath & Body Works teamed up with "Bridgerton" to create a 36-piece collection of candles, body care, and more. Not only did Bath & Body Works' "Bridgerton" products sell well, Cooper said, but they helped attract younger customers to stores thanks to promotional efforts on social media, where the "Bridgerton" campaign was the company's "most engaged" effort of the year.

Persons: Jonathan Bailey, he'd, Anthony Bridgerton, Bailey, Julia Quinn's, It's, That's, Charlotte, Phoebe Dynevor, Daphne Bridgerton, Jean Page, Simon Basset, Liam Daniel, Bridgerton, Chris Van Dusen, Rhimes, Cat Quinn, Quinn, Will Tilston, Florence Hunt, Luke Thompson, Ruth Gemmell, Luke Newton, Nicola Coughlan, Netflix Julia Quinn's, Penelope Featherington, Shondaland, Cassandra Morales Thurswell, Daphne Bridgerton's, Tea, Colin Bridgerton, Eloise Bridgerton, Francesca Bridgerton, Earl Grey, Kristina Tucker, Maurice Cooper, —, Cooper, Kendall Coleman, Williams, Mary McNamara, Melody Morton, Lush, Penelope Featherington cleanser, Hannah Dodd, Jessica Madsen, Bryan Bedder, Ladurée, Kiko Milano, influencers, Miley Cyrus, Billie Eilish's, Lady Whistledown's, Madsen, Dodd Organizations: Business, Netflix's, Netflix, Quinn's New York Times, New York Times, Republic of Tea, Body Works, Body, Williams, Los Angeles Times, Bath Locations: Morocco, England, COVID, BookTok, Republic, New York, Bath, New York City

☆ GM's Cruise names former Amazon, Microsoft Xbox executive as new CEO
▼ + stars: | 2024-06-25 | by ( Michael Wayland | ) www.cnbc.com time to read: +3 min

DETROIT – General Motors' Cruise autonomous vehicle unit on Tuesday announced former Amazon and Microsoft executive Marc Whitten as its new CEO. His appointment comes at a crucial time for Cruise, which is testing and relaunching its autonomous vehicles on public roadways. Following the incident, several key leaders, including Cruise CEO and co-founder Kyle Vogt, departed the company. The probe also investigated allegations of a cover-up by Cruise leadership, but investigators did not find evidence to support those claims. Cruise was a crucial part of GM's plan to double revenue to $280 billion by the end of this decade.

Persons: Marc Whitten, Whitten, Kyle Vogt, Marc, Mary Barra, Cruise, Rowe Price, Nick Mulholland, Craig Glidden, Glidden, Grant Dixton, Dixton, Mary Organizations: DETROIT, Motors, Amazon, Microsoft, Cruise, GM, Honda Motor, Walmart, Rivian, Activision Blizzard, Boeing Locations: San Francisco, Phoenix , Houston, Dallas, Dubai

☆ He's only 28 but has revitalized France's far right: Meet the man who could be the country's next prime minister
▼ + stars: | 2024-06-25 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +8 min

Soon, he could well become prime minister if RN wins an absolute majority in the forthcoming parliamentary elections — and he's only 28. Bardella's rise from party spokesman in 2017 to party president over the course of five years is somewhat remarkable for a man who is only 28. Bardella excelled in economics and social sciences at a private college and joined National Rally — then known as the National Front — at the age of 16. Two years later, he became a Member of the European Parliament (MEP) before being made party president in 2022. Jordan Bardella, president of the National Rally, speaks to members of the media as he arrives at Medef in Paris, France, on Thursday, June 20, 2024.

Persons: Jordan Bardella, Julien De Rosa, Bardella, Denis, Joseph Downing, Pen, Jean, Luc Mélenchon, Frederic Chatillon, Le Pen, Le, —, Critics, Francois Lo Presti, Macron, Holger Schmieding, Bardella's, Emmanuel Macron's Organizations: Afp, Getty, National, CNBC, National Rally, Paris Sorbonne University, London School of Economics, European Institute, National Assembly, Le, Palais des Sports, Nurphoto, cri, Union, NATO, Berenberg Bank, Popular, Bloomberg Locations: Paris, Villepinte, France, Bardella, Drancy, Paris suburb, Seine, Montmorency, Morocco, Henin, Beaumont, Ukraine, French, Medef

☆ 401(k) plan savings rates are at record-high levels — here's where your target should be
▼ + stars: | 2024-06-24 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +1 min

The average 401(k) savings rate — including employee deferrals and company contributions — has maintained historic levels as plan designs make it easier for workers to set money aside. In 2023, the average combined savings rate was an estimated 11.7%, which matched a record high from 2022, according to Vanguard's yearly analysis of more than 1,500 qualified plans and nearly 5 million participants. A separate Fidelity report also found record savings with a combined rate of 14.2% for the first quarter of 2024. And 43% of employees increased their savings rate that year, Vanguard reported. In 2023, an estimated 14% of participants hit the 401(k) deferral limit, which was $22,500 for savers under age 50, Vanguard found.

Persons: deferrals, —, Dave Stinnett Organizations: Vanguard, Finance

☆ Unmarried Chinese women have found yet another way to get over the stigma of being single: Flee to the West and get another degree
▼ + stars: | 2024-06-24 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +6 min

Read previewSome single Chinese women — fatigued from the social stigma of being unmarried and childless — are opting to run away altogether. These women — mostly millennials in their mid to late 30s — are taking to the Chinese social media platform Xiaohongshu to talk about their great escape to the West. These women, per their accounts, are enrolled in higher education in countries like France, the UK, and the US. In these diary-style posts, the women talk about how higher education in the West has been their ticket to freedom. AdvertisementLeftover womenThere are several push factors that may be motivating more Chinese millennial women to seek greener pastures abroad.

Persons: —, who've, Claudia Ke, Ke, Susu, she'd, childrearing, Emily Huang, BI's Kevin Tan Organizations: Service, US, Business, China, Burgundy School of Business, University of Cambridge, China Centre for Economic Research, National Bureau of Statistics Locations: France, China, Shanghai, Europe, Cambridge, England, Peking

☆ Betting scandal inside the UK's ruling Conservative Party mars election race
▼ + stars: | 2024-06-24 | by ( April Roach | ) www.cnbc.com time to read: +2 min

LONDON — Britain's ruling Conservative party has become embroiled in a scandal concerning allegations that senior officials used inside knowledge to win bets on the date of the general election. Nick Mason, chief data officer for the Conservative Party, is the latest Tory official to be probed by the Gambling Commission, according to a report in The Sunday Times. CNBC was unable to immediately confirm this and the Conservative Party has not yet responded to a request for comment. Conservative MP for Montgomeryshire Craig Williams, who is also a close aide to the prime minister, was the first to face questions regarding a bet on the election date. The Conservative Party's campaign director Tony Lee, and his wife, Laura Saunders — the party's candidate in Bristol North West — are also being looked into by the Gambling Commission.

Persons: Rishi Sunak, Sunak, Nick Mason, Sunday Times . Mason, Montgomeryshire Craig Williams, Williams, Tony Lee, Laura Saunders —, Lee, Saunders Organizations: Conservative, Conservative Party, Tory, Gambling, Sunday Times, British, CNBC, Montgomeryshire, Bristol North, Commission, Independent, Metropolitan Police, Professional, Independent Office, Police

☆ I live rent-free in NYC. Moving into a van has allowed me to save, avoid taking out loans, and live a life of adventure.
▼ + stars: | 2024-06-24 | by ( Gerardo Rios Garcia | ) www.businessinsider.com time to read: +6 min

My journey into van life began when I was a kid, listening to my grandpa's stories about road trips around Mexico and the US. Gerardo Rios GarciaAt just over 46 square feet, my van poses significant challenges. Financial independence is another significant benefit of my van life. Van life has been an incredible journey of self-discovery and growthThe van parked on a city street. However, I truly believe living in a van has positively impacted my professional and academic life.

Persons: —, grandpa, Gerardo Rios Garcia, van, I'm, I've, Gerardo Rios Garcia Van, There's, haven't Organizations: Service, Columbia University, United Nations, Volkswagen, Business, Columbia University's, UN Locations: Manhattan, Mexico, North America, Arizona, Albuquerque , Kansas City, Indianapolis

☆ A rainbow logo isn't enough: How to find financial institutions that actually care about LGBTQ+ people
▼ + stars: | 2024-06-24 | by ( Ryan Ermey | ) www.cnbc.com time to read: +6 min

Rather, look to work with institutions and individuals that are aware of the community's unique financial needs . Some 3 in 10 LGBTQ+ adults (30.8%) say they experienced discrimination when accessing financial services, according to a recent survey from the Human Rights Campaign . In many cases, parade sponsors and participants include financial institutions, from banks to real estate agencies to investment brokerages. Making that process easier is a career goal for Charles Chaffin, a financial psychologist who founded Affirming Advisor — a program designed to help financial firms better serve LGBTQ+ clientele. Vet the firmIf a financial institution is publicly supportive of the LGBTQ+ community, that's certainly a good start, says Jay.

Persons: We've, Chris Jay, you've, Charles Chaffin, —, Chaffin, you'll, that's, Jay Organizations: Merrill, Human, CFP, LGBT Chamber, Commerce, Realtors, CNBC Locations: Seattle

☆ Democrats aren't shying away from abortion talk this election — they're capitalizing on it
▼ + stars: | 2024-06-24 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewDemocrats are putting abortion — a topic they've historically downplayed — front and center this election. The debate is no longer just about abortion — it's become about pregnancy itself and access to life-saving medical care. AdvertisementDemocrats know the issue could be a turning point for independent voters and even some Republicans, and they're using it to their advantage. He's hoping that the issue of abortion can turn Florida blue this fall, and he's repeatedly promised to restore Roe.

Persons: —, Roe, Wade, Annie Lentz, " Lentz, — it's, Dobbs, Joe Biden, He's, he's Organizations: Service, Democratic Senatorial, Republican, Business, Democratic, Republicans, Senate Democrats, Pew Research Center, Gallup, —, New York Times, Democrats Locations: Arizona, Florida , Maryland , Michigan, Montana , Nevada , Ohio, Pennsylvania, Texas, Wisconsin, Florida

☆ I'm an American who visited Portugal for the first time. The affordability and walkability of Lisbon blew me away.
▼ + stars: | 2024-06-24 | by ( Rachel Dube | ) www.businessinsider.com time to read: +1 min

I could walk almost everywhere I wanted to go in the city — but it was very hilly. The view from my balcony at the Four Seasons Hotel Ritz. Rachel DubeBefore you decide where to stay in Lisbon, it's important to research the city's different neighborhoods, especially if you plan on walking everywhere. I chose the Four Seasons Hotel Ritz in the Marquês de Pombal neighborhood because it was within walking distance of Baixa and Chiado. On our first day in Lisbon, the hotel concierge told us to take a taxi to Chiado and Rossio.

Persons: Rachel Dube, who's Organizations: Ritz Locations: Lisbon, Pombal, New York

☆ Why inflation is still upending retirement plans even as price growth slows
▼ + stars: | 2024-06-24 | by ( Lorie Konish | ) www.cnbc.com time to read: +2 min

Lower Social Security COLA forecast for 2025Unlike most other sources of retirement income, Social Security benefits are automatically adjusted for inflation each year. As current retirees continue to feel the pinch of higher costs, slowing inflation points to a lower Social Security cost-of-living adjustment next year. The Social Security cost-of-living adjustment may be 3% in 2025, estimates Mary Johnson, an independent Social Security and Medicare analyst. In contrast, beneficiaries saw a 3.2% Social Security cost-of-living adjustment this year — resulting in an average retirement benefit increase of just over $50 per month. That followed record high Social Security cost-of-living adjustments of 8.7% in 2023 and 5.9% in 2022.

Persons: Caroline Feeney, Feeney, they're, Mary Johnson, Johnson Organizations: Istock, Getty, Prudential's, Prudential, Social Security, Security, Urban, Clerical Workers, CPI

☆ Even in bankruptcy, Rudy Giuliani keeps his financial picture hidden. Now he might lose control of it.
▼ + stars: | 2024-06-23 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +12 min

Read previewWhen Rudy Giuliani filed for bankruptcy late last year, it gave him some room to breathe. They all flowed into a federal bankruptcy court, where creditors could negotiate for whatever funds the aging former New York City mayor had left. But if the judge were to agree with the creditors and appoint a Chapter 11 bankruptcy trustee, Giuliani would lose control of his own financial life. AdvertisementA bankruptcy trustee would control all of Giuliani's assets and would be able to sell his two homes unimpeded. Giuliani's creditors have formed a supergroup to try to dig into his finances.

Persons: —, Rudy Giuliani, Sean H, Lane, Giuliani, hasn't, mismanaging, Eric Snyder, Wilk Auslander, They've, Ruby Freeman, Shaye Moss, Noelle Dunphy, Akin Gump, Freeman, Moss, Joe Biden, didn't, TrustPoint, Smartmatic, Jacquelyn Martin, Donald Trump, Snyder, Maria Ryan, Rudy Giuliani's, Ryan couldn't, Matt Rourke Giuliani, John Catsimatidis, Biden, Barrett Prettyman, Shane Moss, Drew Angerer, isn't Organizations: Service, Systems, Business, New, New York City, Department, Dominion, Giuliani, Trump's Saving America, Rudy's, Towers Foundation, Giuliani Communications, Republican, Trump, AP, WABC, America's, Washington , DC Locations: New York, New York City, Florida, Georgia, Smartmatic, WASHINGTON, DC, Washington ,, Fulton County, Fulton, Arizona

☆ How TikTok’s viral 'no-spend month' could come back to bite you
▼ + stars: | 2024-06-22 | by ( Jessica Dickler | ) www.cnbc.com time to read: +2 min

The latest money-saving trend taking over is the "no-spend month," which encourages TikTok users to cut out all non-essential purchases for a set period. The no-spend rulesThe "no-spend" challenge can last for a week, a month or even a full year. On its face, "the no-buy challenge is as much pragmatic as it is symbolic," according to Gregory Stoller, a professor at Boston University's Questrom School of Business. "The potential complication with the no-buy challenge is to what extent people are willing to honor their commitment," Stoller said. Rather than hop on the latest extreme fad, "it comes back to setting a budget and setting expectations," Rossman said.

Persons: Gregory Stoller, Ted Rossman, Stoller, Rossman, Paul Hoffman Organizations: Boston University's Questrom School of Business, Finance, Bankrate, CNBC

☆ Trump thinks he can peel voters away from Biden in Democratic-heavy Philadelphia. Here's how he plans to do it.
▼ + stars: | 2024-06-22 | by ( John L. Dorman | ) www.businessinsider.com time to read: +4 min

AdvertisementBut similar to most national polls, Trump leads Biden on the question of which candidate would better handle the economy. In 2020, Biden won Pennsylvania by roughly 80,000 votes out of more than 6.9 million ballots cast. And over 604,000 of those ballots cast for Biden came from Philadelphia voters. He can easily find himself among receptive audiences in the city's numerous Black churches, where a loyal base of older Black voters are overwhelmingly supporting his bid for a second term. Biden has stumbled with younger Black voters over issues like the conflict in Gaza and student-loan debt relief.

Persons: —, Donald Trump, Hillary Clinton, Biden, He'll, David McCormick, who'll, Democratic Sen, Bob Casey Jr, Trump, Casey Organizations: Service, Keystone State, Biden, Trump, Business, White House, Temple University, Saturday, Pennsylvania GOP, Democratic, Pennsylvania Department of Labor & Industry, New York Times, Philadelphia Inquirer, Siena, Pennsylvania, Black, GOP Locations: Pennsylvania, Philadelphia, Philadelphia —, Delaware, Wilmington, Pennsylvania's, Gaza

☆ How the vodka soda became 'gay water'
▼ + stars: | 2024-06-22 | by ( Alex Harring | ) www.cnbc.com time to read: +11 min

The combination of soda water and vodka has long been a fixture of boozy LGBTQ+ life, particularly among gay men. One of those came from Houston-based lawyer Jeff Watters, who called the vodka soda the "gay water" of the nighttime in a post on X. Retail is also central to the business for Gay Water, a startup offering canned cocktail variations of vodka soda. The former's vodka soda citrus is 100 calories per can, while Gay Water contains 80. The Gay Bar Shop, a specialty retailer, sells an 11-ounce, $49 candle that smells like a vodka soda with a lime garnish.

Persons: Emily Rabbideau, Justin Ruka, Orlando, Ruka, seltzer, Lucas Hilderbrand, Justin, Jeff Watters, Coke, Watters, Hilderbrand, Mary Holt, Holt, Eric Einstein, Einstein, Brendan Oudekerk, bartenders, Rose Kennedy, Tom Campbell, Campbell, James Delos Reyes, that's, Spencer Hoddeson, Hoddeson, Bud Light, Kylie Jenner's, Boston Beer, Victor Tran, Tran Organizations: Love, Alaska Airlines, CNBC, University of California, San Francisco, Gay, New York City, Washington , D.C, New, Boston Beer, Boston, Gay Water Locations: San Francisco, Irvine, Houston, bartenders, Lawrence , Kansas, New York, Washington ,, West Hollywood, influencers, New York City, Gopuff, Virginia

☆ Perplexity CEO explains why you need to understand your 'dopamine system' if you want to start your own company
▼ + stars: | 2024-06-21 | by ( Jaures Yip | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. "If you're not a person who gets that and you're really only getting dopamine hits from making money, then it's hard to work on hard problems," he said. Srinivas said he and his Perplexity cofounders, Denis Yarats and Johnny Ho, were already "obsessed" with search and knowledge-based products even prior to starting Perplexity, including work at Quora. Having already cultivated a passion for improving search quality made it easier for them to work on Perplexity without any "immediate dopamine hits." Advertisement"It's important to know what your dopamine system is — where do you get your dopamine?"

Persons: —, Aravind Srinivas, Lex Fridman, Srinivas, cofounders, Denis Yarats, Johnny Ho Organizations: Service, Business Locations: Quora

☆ 2 Goldman Sachs interns share their Wall Street experience and secrets for success, from early mornings to overcommunicating
▼ + stars: | 2024-06-21 | by ( Emmalyse Brownstein | ) www.businessinsider.com time to read: +13 min

Stankard should know — he's a rising senior now, but this will be his second summer interning for Goldman's sales and trading division. "I've always been interested in business generally," said Young about her decision to intern with Goldman last summer. For sales & trading interns like him, the summer is different — they split their nine weeks between two "pods" within the division. Dan Dees Goldman SachsA summer at Goldman is hard workTraders are known for having early work schedules to get ahead of the trading day and clients' needs. Goldman interns mingle Emmalyse BrownsteinAdvice for other interns and applicantsStanding out is hard in the application process.

Persons: —, Goldman Sachs, Anna Kouba, Goldman, Robbie Stankard, He's, Stankard, you've, Willow Young, Goldman Young, I've, Young, Dan Dees, Dees, Tony Pasquariello, Lucy DeStefano, he's, Lucy, they're, Dan Dees Goldman Sachs, it's Organizations: Service, Business, Goldman, Columbia University's, Stanford University, Financial, Group, FIG, Bloomberg, Soros Fund, CNBC, Investment, Wall Locations: Jersey, California, Chicago, New York, Westwood , Massachusetts

☆ Roaring Kitty's slim chance to become a billionaire from his GameStop bet, explained
▼ + stars: | 2024-06-21 | by ( Anuz Thapa | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRoaring Kitty's slim chance to become a billionaire from his GameStop bet, explainedMeme stock celebrity Keith Gill, aka 'Roaring Kitty,' has been dominating headlines since his online reappearance in May 2024 after a three-year hiatus. Wall Street closely follows his posts, which usually consist of memes and cryptic messages. These messages have caused significant volatility, especially in GameStop shares. Watch the video to see how his return has reignited the meme stock craze and whether his GameStop bet could make him a billionaire.

Persons: Keith Gill Organizations: GameStop

☆ Human rights lawyer to political reformer: Who is Keir Starmer, the UK's new would-be prime minister
▼ + stars: | 2024-06-21 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +4 min

Labour Party leader Sir Keir Starmer speaks ahead of the U.K.'s general election on July 4, 2024. The left-of-center opposition party retains a commanding lead of around 20 points over current Prime Minister Rishi Sunak's Conservatives, according to the latest YouGov poll. But who is Keir Starmer — Labour's leader and the clear favorite to become prime minister after Britain's July 4 election? Starmer also served as a human rights adviser during former Labour Prime Minister Tony Blair's Northern Ireland Good Friday Agreement. Labour leader Keir Starmer takes a selfie with students after a campaign event at Three Counties Medical School on May 29, 2024.

Persons: Sir Keir Starmer, Anthony Devlin, Rishi Sunak's, Nigel Farage's, Keir Starmer —, Starmer, Margaret Thatcher's, Tony Blair's, Jeremy Corbyn, Keir Starmer, Christopher Furlong Organizations: Labour Party, Getty, Conservative, Britain's Labour Party, Labour, Conservatives, British, National Health Service, University of Leeds, University of Oxford, Shell, Tony Blair's Northern, Service, Counties Medical School, Wealth Fund Locations: London, England, Victoria, EU, Britain

☆ 26 growing cities where homes are getting more affordable
▼ + stars: | 2024-06-21 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

Affording a home has been a Herculean challenge in recent years due to rising property prices and stubbornly high mortgage rates. That means only 20% of the markets surveyed have homes selling for under half a million dollars and are also getting more affordable. 26 growing cities where home prices are downSince cities with falling home prices are relatively rare, homebuyers might assume that those markets are getting cheaper because they're becoming less popular. However, there are over two dozen markets where property prices have fallen in recent years despite enjoying an influx of residents, according to Zoocasa's new report. AdvertisementThat leaves 26 markets where home prices are down despite sizable population growth.

Persons: — Organizations: Service, homebuyers, Business, National Association of Realtors, Bureau Locations: West, Texas, Arizona

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