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☆ The 2 social media apps Gen Z and millennials can agree on
▼ + stars: | 2024-07-05 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +1 min

Gen Z and millennials are at odds over some social media, but they seem to agree on two of them. Gen Z uses Snapchat and TikTok more than millennials, who use Facebook more, Emarketer data shows. AdvertisementGen Z and millennials have some differing preferences when it comes to social media platforms, but they seem to agree on two big ones. Gen Z uses Snapchat and TikTok more so than millennials do, while millennials outdo Gen Z in Facebook usage, according to data in a new Emarketer report. In the report, Gen Z is defined as those born between 1997 and 2012, while millennials are the generation born between 1981 and 1996.

Persons: Z, Gen, — Organizations: Facebook, Service, Business

People celebrate exit poll results at a "Stop The Tories" election afterparty in London, on July 4. Suzanne Plunkett/ReutersThe United Kingdom’s decision to hand the center-left Labour Party a parliamentary majority, according to the exit poll, comes at the same time Europe is broadly in the grip of what some call a right-wing populist surge. Last month’s European elections saw a historic number of lawmakers from hard-right and far-right parties elected to the European Parliament. Farage’s political success to date has all come without him holding a parliamentary seat. An odd quirk of British politics is that the percentage of votes a party gets doesn’t necessarily translate to seats.

Persons: Suzanne Plunkett, Emmanuel Macron, Benito Mussolini, Euroskepticism, Nigel Farage, Donald Trump, Keir Starmer, Starmer’s, Farage, Starmer Organizations: United, Labour Party, Parliament, European, Conservative Party, Reform, Conservatives, Labour Locations: London, Europe, Netherlands, Italy, Britain, British

People celebrate exit poll results at a "Stop The Tories" election afterparty in London, on July 4. Last month’s European elections saw a historic number of lawmakers from hard-right and far-right parties elected to the European Parliament. Farage’s political success to date has all come without him holding a parliamentary seat. It is possible that Farage’s splitting of the right has actually helped Starmer increase his majority in parliament. An odd quirk of British politics is that the percentage of votes a party gets doesn’t necessarily translate to seats.

☆ A single mom who made $55,000 last year working 3 jobs says she's struggling to pay the bills but doesn't qualify for SNAP or affordable health insurance
▼ + stars: | 2024-07-04 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +5 min

But with her earnings, she's above the maximum pre-tax annual income threshold of $34,341 to qualify for MassHealth. What's more, she said she's "dangerously close" to losing this rental assistance because her income is too high — the eligibility criteria vary by city in Massachusetts. AdvertisementALICEs are Americans who are struggling to pay the bills but may make too much money to qualify for government benefits like SNAP, rental assistance, or Medicaid. She's applied for several affordable housing programs, but she said most of them have waitlists that are five to 10 years long. Though the housing assistance she still receives is helpful, she said she still doesn't have enough money to afford a bed.

Persons: —, Sarah, — there's, she's, MassHealth, ALICE, who've, There's, She's Organizations: Service, Business, Supplemental, Assistance, Women, Children, United, SNAP Locations: Massachusetts

Mortgage rates increased overall this week, with 30-year mortgage rates ticking up closer to 7%, according to Freddie Mac. This means mortgage rates should go down in the coming months and years. See more mortgage rates on Zillow Real Estate on ZillowToday's refinance ratesMortgage type Average rate today This information has been provided by Zillow. Sky high mortgage rates have pushed many hopeful buyers out of the market, slowing homebuying demand and putting downward pressure on home prices. This means your entire monthly mortgage payment, including taxes and insurance, shouldn't exceed 28% of your pre-tax monthly income.

Persons: Freddie Mac, Sam Khater, Freddie Mac's, you'll, Fannie Mae Organizations: Federal Reserve, Zillow, Mortgage, Association, Sky Locations: Chevron

☆ First African-Born Member of German Parliament Won’t Seek Re-election
▼ + stars: | 2024-07-04 | by ( Sarah Maslin Nir | More About Sarah Maslin Nir | ) www.nytimes.com time to read: +1 min

Germany’s first African-born member of Parliament said this week that he would not seek office again in next year’s general elections. Although he played down racism as a factor, he made the announcement a short time after his staff released the contents of a slew of hate mail and death threats that his office had received. But he has been outspoken about the abuse he has experienced, which has markedly increased in volume and tenor in recent years. Bullets were fired through the window of his district office in 2020, and the office was a target of arson last year. “I can’t wipe all this away,” Mr. Diaby was reported as saying in an interview, according to the Funke Media Group, a major German newspaper and magazine publisher.

Persons: Germany’s, Karamba, “, ”, ” Mr, Diaby Organizations: Bullets, Funke Media Locations: Senegal

☆ US Army awarded $10.3 million to a family exposed to black mold while living in military housing in Texas
▼ + stars: | 2024-07-04 | by ( Steve Beynon | ) www.businessinsider.com time to read: +4 min

Read previewAn Army family at Fort Cavazos in Texas was awarded $10.3 million Monday after living in a mold-infested home run by a private Army housing company and repeated hospitalizations of their newborn infant for respiratory difficulties. Meanwhile, private military housing providers operate with relatively little oversight from the Army despite years of outcry from service members and lawmakers on Capitol Hill. The house the Kiernans lived in and its subsequent maintenance was managed by Cavalry Family Housing, which has some 5,000 homes around Fort Cavazos in its portfolio. A government contractor takes a step back to ensure the letters are aligned correctly at the main gate of the newly-designated Fort Cavazos. US Army photo by Eric Franklin, Fort Cavazos Public AffairsAfter returning home from pediatric intensive care, Grant was again hospitalized two days later.

Persons: —, Jason Kiernan's, Sarah, Sarah Kiernan, Military.com, Grant, Eric Franklin, Fort, Kiernan, Jason Kiernan, Christine Wormuth Organizations: Service, Business, Army, Capitol, Cavalry, US, Fort Cavazos Public Affairs, Military.com Locations: Fort Cavazos, Texas, Austin , Texas, Cavazos, Fort Campbell , Kentucky

Mattress brands love an excuse to hold a sale, so it's no surprise that there are several mattress sales to find this Independence Day. Below, I've rounded up all of the best Independence Day mattress sales and 4th of July mattress deals to help make browsing easier. You can also find more of the best 4th of July sales here, including everything from air conditioners to swimsuits. The best 4th of July mattress salesAmerisleep : Get $500 off any mattress with the promo code JULY500: Get $500 off any mattress with the promo code Awara : Get up to 50% off mattresses. View at SaatvaHelix Dawn Luxe Mattress (Queen) $1,780.30 $2,373.80 Save 25% For extra firm support, you'll want the Dawn mattress.

Persons: — it's, you'll Organizations: Business, Amazon Prime, Luxe, Independence

☆ The bull case for small caps as the second half kicks off
▼ + stars: | 2024-07-04 | by ( Sarah Min | ) www.cnbc.com time to read: +6 min

By contrast, the S & P 500 has already reached Jefferies' bull case of 5,400, the strategist noted. The right catalyst For investors, the bull case for small caps that prevailed when the year began, still holds. More immediately, second-quarter earnings may prove a positive catalyst for small caps since expectations are so low, according to Jefferies' DeSanctis. On a trailing 12-month basis, the S & P 500 is trading at a multiple of 25 times earnings. Ultimately, however, many investors say that a rotation into small caps is coming, even if it hasn't happened yet.

Persons: Russell, Richard Nixon, Steven DeSanctis, Jefferies, DeSanctis, Brian Leonard, Ross Mayfield, Baird, Keeley Teton's Leonard, Something's Organizations: Federal Reserve, Jefferies, CNBC Pro, Fed, Advisors Locations: Keeley

☆ Video: Keith Urban performs new song on CNN’s Fourth in America
▼ + stars: | 2024-07-04 | by ( Sarah Jorgensen | ) edition.cnn.com time to read: 1 min

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☆ Nigel Farage and Reform UK outperformed expectations. Expert has theory why
▼ + stars: | 2024-07-04 | by ( Sarah Jorgensen | ) edition.cnn.com time to read: 1 min

☆ 6 tips from OpenAI CEO Sam Altman on how to run a company and manage your team
▼ + stars: | 2024-07-04 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +1 min

OpenAI CEO Sam Altman survived a high-profile ouster last year. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementOne of the biggest names in the AI industry, Sam Altman was the subject of a massive ouster last year. Within a (very hectic) week, however, he was reinstated in his role as CEO at OpenAI, the firm behind AI chatbot ChatGPT. This story is available exclusively to Business Insider subscribers.

Persons: Sam Altman, —, chatbot Organizations: Service, OpenAI, Business Locations: OpenAI

That's why I've gathered the best Independence Day deals to help make shopping easier. The best Independence Day mattress salesMattress stores love an occasion to hold a sale, and the 4th of July is no exception. For the holiday, prices match those we saw during Presidents Day and Memorial Day from Leesa, Casper, and Mattress Firm. Amerisleep : Get $500 off any mattress with the promo code JULY500: Get $500 off any mattress with the promo code Awara : Get up to 50% off mattresses. The best Independence Day tech salesWhen it comes to tech like TVs, smart speakers, and headphones, you're probably better off waiting for Amazon Prime Day coming on July 16.

Persons: I've, I'd, Burrow, Lily, That's, Eddie Bauer Organizations: Business, Amazon, Independence, Amazon Prime, Mattress, Luxe, Abt, eBay, GE, LG Locations: Thermacell, Leesa, Casper

☆ What’s at stake for the climate if Trump wins? ‘A catastrophic outcome’
▼ + stars: | 2024-07-03 | by ( Ella Nilsen | ) edition.cnn.com time to read: +12 min

CNN —In the first week of a new Trump administration, President Joe Biden’s climate wins would get put through the shredder. “He has said he’s going to come back with a vengeance,” former US special climate envoy John Kerry told CNN. He has railed against Biden’s climate policies at rallies and derided clean energy, vowing to push America back to fossil fuels. He has openly courted the oil industry at fundraising events, the Washington Post reported, promising regulation rollbacks in exchange for campaign cash. It could happen “very fast,” said David Bernhardt, who served as Interior Secretary in the Trump administration.

Persons: Trump, Joe Biden’s, nix, ”, John Kerry, it’s, “, Joe Biden, ” Trump, Karoline Leavitt, Leavitt, Anna Moneymaker, ” Mandy Gunasekara, David Bernhardt, Bernhardt, Biden, Trump’s, Sarah Palin, ’ pocketbooks, Diana Furchtgott, Roth, Gavin Newsom, ” Newsom, “ We’re, Newsome, David Paul Morris, John Bozzella, Bozzella, ” Bozzella, he’s, ” Bob McNally, George W, Bush, Scott Olson, –, ” Bernhardt, McNally, ” McNally, ’ Trump, Nate Hultman, Frederic J . Brown, haven’t, Kerry, ” Kerry, CNN’s Alayna Treene, Bill Weir, Julian Quinones Organizations: CNN, Trump, Washington Post, White, Environmental, Agency, EVs, Environmental Protection Agency, Republicans, Treasury Department, Former Trump Department of Transportation, Heritage Foundation, California Gov, Bloomberg, Alliance, Automotive Innovation, Biden, Fox News, Energy, Rapidan Energy Group, Bush White House, US Energy Information Administration, Trump Interior, Trump’s, Center for Global Sustainability, University of Maryland, State Department, Getty, United Nations Locations: Alaska, Paris, United States, Philadelphia, California, Washington ,, San Francisco, CNN California, Montebello , California, AFP

This should remove some upward pressure off of mortgage rates and allow them to trend down a bit. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates would impact your monthly payments. Mortgage Rates for Buying a Home30-Year Fixed Mortgage Rates Tick Up (+0.20%)The current average 30-year fixed mortgage rate is 6.73%, up 20 basis points from where it was this time last week, according to Zillow data. 15-Year Fixed Mortgage Rates Rise (+0.17%)The average 15-year mortgage rate is 6.12%, 17 basis points higher than last week. Mortgage Refinance Rates30-Year Fixed Refinance Rates Increase Slightly (+0.11%)The average 30-year refinance rate is 7.81%, 11 basis points up from last week.

Persons: you'll, It's, refinance Organizations: Investors, Federal Reserve, Zillow, FHA Locations: Chevron

Plan B talks get louderThe Biden campaign’s attempts to soothe panicked Democrats and donors after the president’s calamitous debate appear to have cratered. One Democratic lawmaker has openly called on President Biden to withdraw from the race, while others are sharply criticizing his campaign’s response. And many party backers remain as nervous about sticking with him as they were last week — but also worry about the alternatives. The latest: Representative Lloyd Doggett of Texas became the first sitting Democrat to demand that Biden step aside. Democrats and foreign allies worry that Biden has increasingly seemed confused or listless, The Times reports.

Persons: Biden, Lloyd Doggett, Jim Clyburn, “, ” Barack Obama Organizations: Biden, Democratic, South Carolina, The Washington Post, Times Locations: Texas, South, NewsNation

☆ Why this whistleblower claims Boeing used defective parts in its planes
▼ + stars: | 2024-07-03 | by ( Sarah Jorgensen | ) edition.cnn.com time to read: 1 min

☆ These are McKinsey's top 9 recommendations for business books this year
▼ + stars: | 2024-07-03 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +1 min

McKinsey & Company published its annual book recommendations list this week. Here's a look at the 9 business and economics books on the management consulting firm's list. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Management consulting firm McKinsey & Company this week published its annual list of book recommendations. The list includes more than 90 books across 10 genres: biography and memoir; business and economics; fiction; health; history; personal development; politics; sustainability; technology; and workplace culture.

Persons: — Organizations: McKinsey, Company, Service, Management, McKinsey & Company

☆ Stocks making the biggest moves premarket: Paramount, Tesla, Constellation Brands and more
▼ + stars: | 2024-07-03 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Tesla — The electric vehicle maker rose nearly 3% , a day after posting stronger-than-expected delivery numbers for the second quarter. Shares popped 10% during Tuesday's session. Constellation Brands — The beer and wine stock rose more than 2% after a better-than-expected earnings report. Southwest Airlines — Shares were fractionally lower after the airline carrier announced it had adopted a shareholder rights plan. Shares dipped about 1% during Tuesday's session.

Persons: Tesla, LSEG, Eli Lilly, — CNBC's Lisa Han, Jesse Pound, Sarah Min Organizations: Paramount, Paramount Global, Skydance Media, The New York Times, Wall Street Journal, Constellation Brands, Constellation, Southwest Airlines —, Elliott Investment Management, Food and Drug Administration, MGM Resorts, MGM Resorts International

Here's our breakdown of the Eagles' Las Vegas residency schedule, purchasing details, and price comparisons between original and resale tickets. Date City StubHub prices Vivid Seats prices Time September 20, 2024 Las Vegas, NV $349 $308 8:30 p.m. September 21, 2024 Las Vegas, NV $397 $343 8:30 p.m. September 27, 2024 Las Vegas, NV $302 $333 8:30 p.m. September 28, 2024 Las Vegas, NV $360 $312 8:30 p.m. October 11, 2024 Las Vegas, NV $328 $313 8:30 p.m. October 12, 2024 Las Vegas, NV $378 $324 8:30 p.m. October 18, 2024 Las Vegas, NV $334 $300 8:30 p.m. October 19, 2024 Las Vegas, NV $333 $294 8:30 p.m. November 1, 2024 Las Vegas, NV $316 $280 8:30 p.m. November 2, 2024 Las Vegas, NV $333 $284 8:30 p.m. November 8, 2024 Las Vegas, NV $316 $264 8:30 p.m. November 9, 2024 Las Vegas, NV $323 $304 8:30 p.m. December 6, 2024 Las Vegas, NV $344 $311 8:30 p.m. December 7, 2024 Las Vegas, NV $343 $310 8:30 p.m. December 13, 2024 Las Vegas, NV $365 $329 8:30 p.m. December 14, 2024 Las Vegas, NV $368 $311 8:30 p.m. How to buy tickets for Eagles 2024 concert tourYou can buy standard original tickets for Eagles' 2024 concert tour on Ticketmaster. Tickets to Eagles' 2024 Sphere residency can also be purchased via verified resale ticket vendors such as StubHub and Vivid Seats. A VIP package is also available for Eagles' 2024 Las Vegas residency.

Persons: Don Henley, We've, It's, presale, Vince Gill, Timothy B, Schmit, Deacon Frey, Joe Walsh Organizations: Business, Eagles, Las, & Company, Vegas, Ticketmaster, Vivid, showtime Locations: California, Las Vegas, Vegas, Las Vegas , Nevada, Europe, Manchester, England, Netherlands

☆ Mark Zuckerberg's Meta just got some bad news
▼ + stars: | 2024-07-01 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +1 min

The European Commission says Meta's "pay or consent" advertising model is in breach of the EU's Digital Markets Act. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementMark Zuckerberg's Meta just got some bad news in the European Union. Meta introduced the model in the EU in 2023 after European regulators had ruled in 2022 that Meta must let users opt out of personalized ads based on their activity on its social platforms. The model requires users to pay a monthly fee to avoid seeing ads on Facebook and Instagram or receive personalized ads to continue using a free version.

Persons: It's, Apple, —, Zuckerberg's Meta Organizations: Meta, EU, European Commission, Service, European Union, The European Commission, Monday, Facebook, Business

☆ Gen Zers in a survey said they need $200,000 a year to feel financially secure — more than any other generation
▼ + stars: | 2024-07-01 | by ( Juliana Kaplan | Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

Americans think they need a whole lot more money than they're making to feel comfortable, according to a new survey. The latest survey from Bankrate, which polled 2,407 US adults from May 16 to 20, looks at how much Americans think they need to make to feel financially secure. According to the survey, Gen Z respondents said a $200,000 annual salary would ensure their financial security. Millennials said they'd need $199,000, and for Gen Xers and baby boomers, their financial security targets were at $183,000 and $171,000, respectively. To be sure, it's not all bad for Gen Z. TransUnion's latest Consumer Pulse Study found that Gen Z is "the most stable of any generation" in this year's second quarter, with 45% of them reporting wage increases over the past three months.

Persons: Gen, Millennials, Gen Xers, Gen Zers, Sarah Foster, Z, Zers, Michele Raneri, it's, They're, Charlie Wise, that's, Zer Organizations: Service, Business, Survey, Consumer Finances, Washington Post, Bureau of Labor Statistics, BI, Millennials, TransUnion Locations: Bankrate

☆ Stocks making the biggest moves premarket: Chewy, Birkenstock, GameStop and more
▼ + stars: | 2024-07-01 | by ( Hakyung Kim | ) www.cnbc.com time to read: +1 min

Boeing , Spirit AeroSystems — Boeing on Monday said it would buy back fuselage maker Spirit AeroSystems in a $4.7 billion all-stock deal. Boeing shares dipped 0.3%, while Spirit AeroSystems shares popped 4.5%. Verizon — Shares ticked up 0.5% after Goldman Sachs initiated coverage with a buy rating. Verizon shares will rise amid an improving competitive backdrop in the telecommunications industry, according to Goldman Sachs. Intercontinental Exchange — The financial exchange's shares rose 1.4% on the back of a Goldman Sachs upgrade to buy from neutral.

Persons: Kitty, Goldman Sachs, Goldman, —, Alex Harring, Sarah Min, Michelle Fox Organizations: UBS, GameStop, Boeing, Verizon, Intercontinental Exchange, Nvidia

☆ Ty Cobb explains why he was ‘disappointed’ with Sotomayor’s dissent
▼ + stars: | 2024-07-01 | by ( Sarah Jorgensen | ) edition.cnn.com time to read: 1 min

Original tickets for the Eras Tour sold out quickly, and Paramore hasn't yet announced any other concert dates for 2024. Paramore 2024 tour scheduleParamore will open for the European leg of the Taylor Swift Eras tour, with tour dates slated through August 2024 in multiple countries. How to buy tickets for Paramore 2024 concert tourParamore is opening for the European leg of the Taylor Swift Eras Tour, which has already sold out. While Taylor Swift tickets are in high demand, the European leg of her Eras tour has significantly cheaper tickets than US dates, which start at around $2,600. Paramore is only scheduled for the European dates, with Gracie Abrams listed as the opening act for Taylor's North American Eras tour dates this fall.

Persons: Paramore, Taylor, Hayley Williams, Taylor York, Zac Farro, Swift, Paramore hasn't, Gracie Abrams, Taylor Swift, hasn't Organizations: Business, Misery, Paramore Locations: Europe, U.S, Amsterdam, Netherlands, Zurich, Switzerland, Milan, Italy, Gelsenkirchen, Germany, Hamburg, Munich, Warsaw, Poland, Vienna, Austria, London, United Kingdom, Canada

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