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☆ Delta's emergency savings initiative offers workers up to $1,000 each. Here's how it works
▼ + stars: | 2023-09-23 | by ( Jessica Dickler | ) www.cnbc.com time to read: +3 min

The airline will then match up to $250 of an employee's contributions made with payroll deductions to that account for a total of $1,000. When the economy stalled, Delta workers tapped roughly $1 billion in hardship withdrawals from their retirement accounts, Bryant said. "I didn't have a strategy in place on how to save money," said Loretta Day, a Delta flight attendant based in Atlanta. But it didn't take long for Day, 51, to practice better money habits once she completed a financial education class, she said. With the additional support, workers "are going to come in earlier, stay longer and go the extra mile," Bryant added.

Persons: Jeff Greenberg, John Hope Bryant, Bryant, Loretta Day, Kelley Elliott, Fidelity's Taylor, Douglas Boneparth Organizations: Delta Air Lines, Hartsfield, Jackson Atlanta International Airport, Universal, Getty, Delta, Fidelity Investments, Employees Locations: Delta, Atlanta

CNN —Millions of American homeowners could see insurance rates surge in the coming years in part due to worsening climate disasters, new data shows. It’s another alarming sign for the future of America’s homeowners’ insurance market. “We’re still kind of at the forefront of the insurance industry pricing in climate risk into the real estate market,” Porter told CNN. Premiums are at risk of surging to a lesser extent in cities across the country, First Street data shows. “I know where the places are where people are dropping their insurance — it’s Florida, Louisiana, California and Colorado,” Bach told CNN.

Persons: ”, David Jones, Jeremy Porter, “, ” Porter, Hurricane Ian, Matias J, Jones, ” Jones, Amy Bach, Bach, ” Bach, Kyle Grillot, Reuters Jones, Porter, ‘ I’m, it’s Organizations: CNN, Foundation, UC Berkeley’s Center for Law, Energy, Hurricane, Miami Herald, Tribune, Service, Los, National Flood Insurance, FEMA, United, Residents, Reuters Locations: California , Florida, Louisiana, California, Matlacha , Florida, Florida, Texas, Vermont, Montpelier . Kentucky, West Virginia, Miami, Jacksonville, New Orleans, East Coast, Atlantic City , New Jersey, Virginia Beach, Norfolk , Virginia, Wilmington , North Carolina, Charleston , South Carolina, Savannah , Georgia, New York City, Phoenix, Chicago , Pittsburgh, Louisville, Cincinnati, West Coast, Riverside , California, Los Angeles, Gulf Coast, Plaquemines Parish , Louisiana, Collier County , Florida, Colorado, Wrightwood , California

NEW YORK (AP) — When the unexpected happens — whether fire, hail, or human error — renters insurance can provide much-needed stability. The average cost of a renters insurance policy in 2023 was $148 per year, or about $12 per month, according to the most recent analysis by NerdWallet. Here's what to keep in mind:WHAT SHOULD I KNOW ABOUT ACQUIRING RENTERS INSURANCE? WHAT’S COVERED BY RENTERS INSURANCE? Most renters insurance policies include:— Personal property protection.

Persons: Linda Klamm, “, Klamm, ” Klamm, you’re, policyholders, ”, Charles Schwab Organizations: Joint Center for Housing Studies, Harvard University, Insurance, Institute, Financial Health Network, Financial Health, Associated Press, Charles, Charles Schwab Foundation, Inc, AP Locations: Oakland , California, California, Florida , Louisiana , Texas, Washington

The wages in Bali, which has a population of more than four million people, can be higher than in other parts of Indonesia. Others, like four of the five young housekeepers who died in the elevator accident last week, are day laborers or contractors who work without a social safety net, sometimes for years. In the Ayuterra Resort case, the government insurance agency decided to give all five workers insurance payouts of over $10,000. Representatives for Ayuterra Resort, in the Ubud area of Bali, did not immediately respond to requests for comment. On Thursday, the online rate for a two-bedroom Ayuterra penthouse villa with a private pool in October was nearly $700.

Persons: housekeepers, Niluh Djelantik, ” Organizations: Ayuterra Locations: Bali, Indonesia, Mount, Ubud

CEDAR KEY, Fla. — As cleanup begins in the aftermath of Hurricane Idalia, the storm has served as a stark reminder that Florida's insurance industry remains in flux. But many of those homeowners face uncertainty amid the upheaval that has emerged in Florida's insurance industry in recent years. A thinning insurance market that is beset by more regular hurricanes has caused insurance policy costs to skyrocket. The state's insurance industry is preparing to lose four insurers since last year — Farmers Insurance, Bankers Insurance, Centauri Insurance and Lexington Insurance. Aggravating the problem, 82% of Floridians do not have flood insurance, which is typically operated by the National Flood Insurance Program, a federal program run by the Federal Emergency Management Agency.

Persons: Idalia, Chris Draghi, That's, Gregory Buck, Buck, Aimee Firestine, Firestine, Amy Bach, United, Bach, Mark Friedlander, Friedlander, Gabe Gutierrez, Phil McCausland, Melissa Chan Organizations: Insurance Information Institute, U.S, — Farmers Insurance, Bankers Insurance, Centauri Insurance, Lexington Insurance . Farmers Insurance, National, Experts Insurance, Homeowners, Insurance, Property Insurance Corp, National Flood Insurance, Federal Emergency Management Agency, Congress, First Street Foundation, FEMA, Cedar Key Locations: Fla, Florida's Big Bend, Florida, Georgia, Florida , Georgia, South Carolina, Cedar, America, Taylor County, Bend, New York City

☆ An Arizona man planned to build his retirement home on a plot of land he bought 20 years ago. The problem: It was sold for $200,000 without him knowing.
▼ + stars: | 2023-08-24 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +9 min

"I noticed the last four digits of the social security number were not mine and the address was wrong — the mail shouldn't have even gotten to me," Gordon told Insider. Gordon, 65, bought the undeveloped, 3 1/3-acre property in 1999 for $76,500, Pima County property records show. AdvertisementAdvertisementGordon spoke with Title Security Agency, the Arizona company that handled Gordon's title work when he purchased the property in 1999. He told Insider that in this instance, the seller was found out to be fraudulent soon after the deal closed. He told Insider he spoke with a broker that had four fraudulent incidents in one day.

Persons: William Gordon, Gordon, He's, —, Penny Davis, Gabriella Cázares, Kelly, it's, we've, Eric Gibbs, I'm, Gibbs, Jeff Murtaugh, he's, who's, Murtaugh, ORNTIC Organizations: Service, Security Agency, First American, Pima Recorder's, Title Security Agency, Realty ONE, Realty Executives, Old, Title Insurance, Insurance, News Locations: Tucson, Wall, Silicon, Tucson , Arizona, Pima County, Phoenix, Arizona, Pima, Texas, Bexar, —, Real, Realty Executives Arizona, Old Republic

The Sesame Credit Builder card is available now, while the Sesame Ring credit-management platform launches on August 22. No credit check Check mark icon A check mark. Credit Sesame will not pull a hard inquiry on your credit report, so your credit score won't drop when you start using the Sesame Credit Builder. Credit Sesame will not pull a hard inquiry on your credit report, so your credit score won't drop when you start using the Sesame Credit Builder. Sesame Credit Builder is available now online or through the Credit Sesame mobile app.

Persons: Sesame, — Organizations: Community Federal Savings Bank, Sesame, Credit Locations: America

☆ Family of Henrietta Lacks finally settles lawsuit against biotech company accused of profiting billions of dollars from collecting the Black woman's cancer cells without her consent
▼ + stars: | 2023-08-01 | by ( Lea Skene | Sarah Brumfield | Associated Press | ) www.businessinsider.com time to read: +6 min

Henrietta Lacks changed modern medicine when doctors took her cells without her consent in 1951. Despite that incalculable impact, the Lacks family had never been compensated. Henrietta Lacks' cells have been part of many medical breakthroughs. "The exploitation of Henrietta Lacks represents the unfortunately common struggle experienced by Black people throughout history," the complaint reads. "It was a long fight — over 70 years — and Henrietta Lacks gets her day."

Persons: Henrietta, HeLa, Ben Crump, Crump, didn't, Rebecca Skloot, Oprah Winfrey, Johns Hopkins, Fisher, George Floyd's, Alfred, Carter Jr, Chris Van Hollen, Ben Cardin, Van Hollen Organizations: Service, Johns Hopkins Hospital, Fisher Scientific Inc, Associated Press, HBO, Johns Hopkins Medicine, Maryland Democrats Locations: Wall, Silicon, Waltham , Massachusetts, Baltimore, Virginia, United States, Baltimore's

☆ 10 ways artificial intelligence is changing the workplace, from writing performance reviews to making the 4-day workweek possible
▼ + stars: | 2023-07-27 | by ( Aaron Mok | ) www.businessinsider.com time to read: +13 min

Here are 10 ways AI tools such as ChatGPT have entered the workplace — and what may come out of it. Nick Patrick, the owner of the music-production company Primal Sounds Productions, told Insider he used ChatGPT to fine-tune legal contracts for clients. "You really got to find time to, like, learn this skill," Nigam previously told Insider. Companies are using AI to write their performance reviewsManagers may find writing performance reviews for their employees a tough task. He told Insider: "Any technology that increases productivity, ChatGPT included, makes a shorter workweek more feasible."

Persons: OpenAI, Nick Patrick, Shannon Ahern, hadn't, Jensen Huang, Huang, Akash Nigam, Nigam, Neil Taylor, ChatGPT, Taylor, Insider's Beatrice Nolan, Nolan, would've, Jasmine Cheng, Cheng, WorkLife, Carl Benedikt Frey, Michael Chu, iHeartMedia, Goldman Sachs, Goldman, Suumit Shah, chatbot, Anu Madgavkar, Richard Baldwin, Fran Drescher, Jezebel — Organizations: Morning, IBM, Workers, Primal Sounds Productions, Google, Twitter, Companies, Employers, Nvidia, ChatGPT, Sky News, Hulu, Spotify, Mobile, Oracle, Columbia Business School, McKinsey Global Institute, Apple, JPMorgan, Northrop Grumman, AIs, Writers Guild of America, SAG, Journalists, GMG Union of, Media Locations: Taipei, Taiwan, Oxford

☆ The White House warns Russia could attack civilian ships in the Black Sea now that a key deal is dead
▼ + stars: | 2023-07-20 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

The White House warned Russia could attack civilian shipping in the Black Sea after a grain deal died. The Black Sea grain deal that expired Monday allowed food and fertilizer cargoes to exit from three key Ukrainian ports despite a Russian blockade. The UN had to convince Russia to agree to the Black Sea grain deal last year by dangling a quid pro quo deal to allow Russia to keep exporting food and fertilizer. As a result, the Black Sea grain deal was scrapped. Russian President Putin said Wednesday he would return to the grain deal if the country's demands are met, per TASS.

Persons: Adam Hodge, Hodge, Putin, reconnecting, Volodymyr Zelenskiy Organizations: UN, Service, White House National Security Council, Associated Press, TASS Locations: Russia, Ukrainian, Wall, Silicon, Ukraine, Russian, Moscow, Odesa

☆ Fixing Health Care Starts With the Already Insured - The New York Times
▼ + stars: | 2023-07-18 | by ( Liran Einav | Amy Finkelstein | ) www.nytimes.com time to read: +2 min

There is no shortage of proposals for health insurance reform, and they all miss the point. Health insurance is supposed to provide financial protection against the medical costs of poor health. Yet many insured people still face the risk of enormous medical bills for their “covered” care. As economists who study health insurance, what we found really shocking was our calculation that three-fifths of that debt was incurred by households with health insurance. Perversely, health insurance — the very purpose of which is to provide a measure of stability in an uncertain world — is itself highly uncertain.

☆ CNBC Daily Open: The U.S. economy refuses to buckle
▼ + stars: | 2023-06-30 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Successful spaceflight, but shares sinkVirgin Galactic successfully completed its first commercial spaceflight yesterday. Despite the smooth mission, Virgin Galactic shares sank more than 10% yesterday and a further 0.7% in extended training. CNBC Pro's Bob Pisani breaks down their performance, picks a winner and explains what this means for the general IPO market.

Persons: Dow, Bob Pisani Organizations: Foods, CNBC, Commerce, Dow Jones, Federal, Virgin Galactic, Italian Air Force, Kodiak Gas Services, Fidelis Insurance Locations: Atlanta , Georgia, U.S, Swedish, New Mexico

☆ CNBC Daily Open: Don't bet against the U.S. economy
▼ + stars: | 2023-06-30 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. China's businesses falterChina's factory activity in June shrank for a third consecutive month, according to data from the National Bureau of Statistics. Successful spaceflight, but shares sinkVirgin Galactic successfully completed its first commercial spaceflight yesterday. Despite the smooth mission, Virgin Galactic shares sank more than 10% yesterday and a further 1.9% in extended training.

Persons: Dow, —, Bob Pisani Organizations: CNBC, Commerce, Dow Jones, Federal, Nikkei, National Bureau of Statistics, Virgin Galactic, Italian Air Force, Kodiak Gas Services, Fidelis Insurance Locations: U.S, Asia, Pacific, China, New Mexico

☆ A $7 billion startup wanted to build patient-friendly healthcare. Its bet on buzzy weight-loss drugs is testing that vision.
▼ + stars: | 2023-06-29 | by ( Blake Dodge | Rebecca Torrence | ) www.businessinsider.com time to read: +12 min

Patient complaints go beyond the Wegovy shortageKaitlyn's complaints echo an array of issues faced by other Ro patients seeking weight-loss drugs. The patients Insider interviewed asked to be identified by their first names to protect their privacy. In this chat log, a Ro weight-loss patient sends messages to the startup asking to cancel the program. Reitano told Insider that around 90% of Ro patients got a response within 24 hours. "Until these DTC companies generally start getting into the muck of healthcare, they're not going to have a material impact," Parker told Insider.

Persons: Ro, Zachariah Reitano, Reitano, Li Ran, Robyn Phelps, Kaitlyn, She'd, didn't, she's, couldn't, Max Kerwick, drugstores, Max, Ro's, aren't, hasn't, Florian Gaertner, it's, TJ Parker, they're, Parker Organizations: New York, Getty, Better Business Bureau, Nordisk, Better Business, CareMetx, Ro, TechCrunch Locations: Xinhua, New York, New York City

☆ Starter homes have become a 'fairy tale,' so Americans are finding other ways to own: 'My house has a license plate'
▼ + stars: | 2023-06-21 | by ( Mike Winters | ) www.cnbc.com time to read: +10 min

Schneider and her roommates aren't alone in finding creative ways to finance their first home amid surging prices. To afford the monthly mortgage payment on a median-priced home, homebuyers need to earn more than $100,000, well above the U.S. median household income of $70,784, according to Census Bureau data. This brought monthly mortgage payments — which included property taxes and insurance — down from $1,329 to $1,217. Despite the income, there were downsides to renting out part of the property, Yuryev found. In 2021, Gressett, moved into a custom-made tiny house that runs her $725 per month.

Persons: Amanda Schneider, Schneider, aren't, Denis Smykalov, it's, Stephanie Vandergrift, Kathy Keel, we're, Kathy Keel's, Amanda Schneider It's, isn't, Vadim Yuryev, Annette, Vadim, Annette Yuryev, Yuryev, Jen Gressett, Gressett Locations: Nashville , Tennessee, ATTOM, Wolsen, Florida, Gallatin , Tennessee, Spokane , Washington, Spokane, Boulder , Colorado, Gressett

His luggage, which was lost, had all our toiletries, but travel insurance paid for itself three-fold. My husband is what I like to call an "over-insured," and he always springs for the top policies regarding homeowners insurance, life insurance, and — you guessed it — travel insurance. See Insider's picks for the best travel insurance companies »Insider's Featured Travel Insurance Companies World Nomads Travel InsuranceAllianz Travel InsuranceTravelex Travel Insurance Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Editor's Rating 3.83/5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star Editor's Rating 4/5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star Editor's Rating 4.33/5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star Learn more Get quotes Get quotes On Travelex's websiteHow our policy saved usWe purchased the AIG Travel Guard policy for $178. »I learned a lot for the futureThere are a few things to keep in mind when it comes to travel insurance.

Our experts answer readers' credit card questions and write unbiased product reviews (here's how we assess credit cards). You can save hundreds of dollars by booking round-trip or multi-city itineraries instead of one-way flights. Even if you only need a one-way flight, you can save money by booking a round trip and forfeiting the return flight. Google FlightsMulti-city flights get similarly discounted resultsThose looking for one-way flights often plan to visit more than one destination. If you're traveling with a group, you could easily save thousands of dollars by booking round-trip flights instead of one-ways.

☆ A fleet of aging tankers is transporting sanctioned oil around the globe — and it's becoming an insurance nightmare because nobody knows who owns them
▼ + stars: | 2023-05-09 | by ( Huileng Tan | ) www.businessinsider.com time to read: +4 min

It's throwing up concerns about a fleet of secretive tankers transporting sanctioned oil globally. Authorities still don't know who to approach for damages, per various media reports. It has delivered an oil cargo to the eastern China province of Shandong before making its way to the shipyard, Bloomberg reported, citing ship-tracking data. The fire has been put out, but authorities don't know who to approach for damages according to various media reports. Russia itself has also put together a "shadow fleet" of more than 100 oil tankers in a bid to skirt Western sanctions, the Financial Times reported in December.

Our experts answer readers' credit card questions and write unbiased product reviews (here's how we assess credit cards). Whether you're flying or driving, the right credit card can cover you if your trip doesn't go as planned. Note that credit card lenders may use many different variations of credit score models when considering your application. But you can save that $10 to $30 per day if you pay for your rental using a credit card with car rental insurance. Note that credit card lenders may use many different variations of credit score models when considering your application.

Persons: —, you'd, you'll, you've, Read, Chase, I've, El Al, Uber, Wiley, Julie Mehretu, Peacock, Uber Cash, Eric Rosenberg Organizations: Service, Chase, Target, Walmart, Sapphire, FDIC, Chase Sapphire, TSA, United, United Club, ℠, American Airlines, AAA, Express, American Express, Hilton, Marriott, Saks, Entertainment, Disney, ESPN, The New York Times, Street, Global, Saks Fifth, Shipping, Mastercard Locations: Israel, New York, Miami, Hulu, Ventura , California

☆ Alzheimer’s patients may wait years to get treated with new drugs, putting them at risk of more severe disease
▼ + stars: | 2023-04-30 | by ( Spencer Kimball | ) www.cnbc.com time to read: +17 min

But time spent waiting robs early patients of their memory and ability to live independently. This condition is often, though not always, a sign of early Alzheimer's disease. PET scans cumbersomeTwo types of tests can diagnosis Alzheimer's disease: PET scans and spinal taps. Early Alzheimer's disease can also be diagnosed with a spinal tap, in which fluid around the spinal cord is extracted with a catheter and tested. He believes big players like CVS will provide infusions for Alzheimer's disease on a major scale if they see there's a large and stable market.

☆ These 4 industries will determine whether US advertising revenue will start to recover this year, according to IPG Mediabrands
▼ + stars: | 2023-03-27 | by ( Ryan Joe | ) www.businessinsider.com time to read: +3 min

The second half of 2023 is "guaranteed" to be better than the second half of 2022. US ad revenue grew 6% in 2022, but spending massively slowed during the second half. If Magna's predictions for a 2023 ad spend recovery come true, it will be led by automotive, entertainment, travel, and insurance, within the finance industry. However, improvements in the auto industry is steering some recovery in ad spend from parts of the finance industry. Still, Letang expects comps in the second half of 2023 to be much better than the dismal second half of 2022.

Amazon Prime Rewards Visa Card Review: Is the Amazon Prime Rewards Card the Best Credit Card for You? Amazon Prime Visa Card RewardsWelcome bonusThe Amazon Prime Rewards Visa Signature Card is currently offering a $100 Amazon gift card instantly upon approval. Amazon Prime Rewards Card Benefits and FeaturesFor a no-annual-fee card, the Amazon Prime Rewards Visa Signature Card offers a solid range of benefits. Amazon Prime Rewards Visa Card Annual Fee and Other CostsThe Amazon Prime Rewards Visa Signature Card doesn't have an annual fee as long as you have an Amazon Prime membership, and it doesn't add foreign transaction fees, so it's a good choice for international purchases. Methodology: How we reviewed the Amazon Prime Rewards Visa CardThe Amazon Prime Rewards Visa Signature Card is a cash back credit card.

☆ Ditching autism care for software
▼ + stars: | 2023-03-11 | by ( Hallam Bullock | ) www.businessinsider.com time to read: +4 min

He raised $200 million to transform autism care. Now, he's ditching patients to sell healthcare software. Yury Yakubchyk, the cofounder and CEO of Elemy, raised more than $200 million to provide better autism therapy for kids. Instead of delivering care itself, instead of delivering care itself, the company wants to sell software to clinicians running their own businesses. It's all fake work," Rabois said.

☆ 'We need to get Monday back' and get people in the office earlier in the week, says the CEO of the world's largest insurance marketplace
▼ + stars: | 2023-03-09 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

Lloyd's of London CEO says people are mostly going back to the office Tuesday to Thursday, per FT."We need to get Monday back," CEO John Neal told the Financial Times. Many corporate leaders are trying to get employees back to the office after three years of pandemic-induced remote work. "Tuesdays, Wednesdays, and Thursdays are busy," John Neal, CEO of the world's largest insurance marketplace Lloyd's of London, told the Financial Times in an interview published Wednesday. Other high-profile executives who want their employees back in the office include Citadel CEO Ken Griffin, Morgan Stanley CEO James Gorman, Starbucks CEO Howard Schultz, and Tesla CEO Elon Musk. While Lloyd's Neal may have been referring to employees in the UK, the experience across the Atlantic is similar.

☆ Real-estate investors seized upon a tried-and-true strategy to fix up homes and make money. Then the market turned.
▼ + stars: | 2023-03-05 | by ( Aj Latrace | ) www.businessinsider.com time to read: +6 min

One way: buy a home, fix it up to rent out, then refinance to get cash and buy the next one. "We looked at long-term rent and we would have been in the hole a few hundred dollars per month based on interest rates and property taxes," Holland told Insider. But a perfect storm of softening home prices, increasing taxes, higher mortgage rates, and steep building-material costs has made the BRRRR model less attractive to investors. When the BRRRR numbers don't work, Holland said, there are a few strategies investors could consider instead. But even that strategy has its own competitive advantages and disadvantages, she said, such as seasonality and uncertain income.

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