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☆ Bridgewater's tech chief is leaving the hedge fund giant for Microsoft to focus on the 'relentless tide of cyber threats'
▼ + stars: | 2023-08-10 | by ( Bianca Chan | ) www.businessinsider.com time to read: +4 min

He told Insider he's making the move to help combat cybersecurity on a broader scale. Igor Tsyganskiy, chief technology officer and president, is leaving the world's largest hedge fund after seven years, Insider has learned. Prior to Bridgewater, Tsyganskiy ran database.com, a division of Salesforce.com, and was the cofounder of Tealeaf Technologies, which was sold to IBM. Bell recently told Insider that AI would give Microsoft the upper hand to "finally turn the tables on the attackers." "Basically, end-to-end strategy on how Microsoft approaches the cybersecurity sector is my job," Tsyganskiy told Insider.

Persons: Igor Tsyganskiy, Tsyganskiy, Greg Jensen, Bridgewater's, Oliver Radwan, Kevin Brennan, Ray Dalio, Nir Bar Dea, Bridgewater, Charlie Bell, Bell Organizations: Bridgewater, Microsoft, LinkedIn, Tealeaf Technologies, IBM, Web Services Locations: Bridgewater, Bay Area, Connecticut, Westport , Connecticut, Salesforce.com

☆ Manhattan renters are now forking out a record-breaking average of $5,588 per month, even though people are still flooding out of New York
▼ + stars: | 2023-08-10 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

Rent in New York City keeps hitting record highs even as migration from the city and state soars. In Manhattan, average rent in July was $5,588, up 2.2% from June and 9.3% from the previous year. People have been moving from New York State to low-tax Florida, as well as neighboring states. The surging average rental prices across New York City come despite people moving out in droves in recent years. New York City and surrounding areas like Long Island had some of the US' highest rates of negative net domestic migration between 2021 and 2022.

Persons: Miller Samuel, Douglas Elliman, It's Organizations: New York City, New York State, Service, Empire, Census Bureau, US Locations: New York, Manhattan, Florida, Wall, Silicon, New York City, Central, Brooklyn, Queens, New York County, New York State, New, Pennsylvania , Connecticut, New Jersey . New York City, Long

☆ Exclusive: Former Coast Guard head covered up secret investigation into sexual assaults at the Coast Guard Academy
▼ + stars: | 2023-08-08 | by ( Melanie Hicken Blake Ellis Curt Devine Pamela Brown Scott Bronstein | Melanie Hicken | Blake Ellis | ) edition.cnn.com time to read: +10 min

Coast Guard Admiral Karl Schultz took over for Admiral Paul Zukunft as Coast Guard commandant at a Change of Command ceremony in June 2018. Jacquelyn Martin/APBy keeping the investigation secret, the Coast Guard avoided further scrutiny of how alleged rapists and other attackers were not held accountable at the academy. Linda Fagan became the first female commandant when she took charge of the Coast Guard in 2022. Fagan is not the only current Coast Guard official who was aware of the secret operation at some level. “There is always a new problem every day.”Do you have information to share about the Coast Guard Academy or Coast Guard?

Persons: Pamela Brown’s, Karl L, Schultz, —, Admiral Paul Zukunft, don’t, ” Zukunft, Admiral Charles W, Ray, Democratic Sens, Maria Cantwell, Tammy Baldwin of, Karl Schultz, Jacquelyn Martin, Sen, Richard Blumenthal, “, ”, Chad Wolf, Ken Cuccinelli, Linda Fagan, Evan Vucci, “ Fagan, Fagan, Paul Zukunft, Jessica Hill, Melissa Bert, ” Bert Organizations: CNN, US Coast Guard, Department of Homeland Security, Coast Guard, Academy, DHS, Democratic, Senate, Committee, AP, United States, Loy Institute for Leadership, “, Coast Guard Academy Locations: Washington, Tammy Baldwin of Wisconsin, Connecticut

☆ The State of Pizza in the Pizza State
▼ + stars: | 2023-08-08 | by ( Nikita Richardson | ) www.nytimes.com time to read: +1 min

And a New New Haven SliceIf Chrissy’s is repping the New York pie, then Lala’s in East Williamsburg, Brooklyn, is the Connecticut delegate. This city isn’t exactly head over heels for rival pizza styles, so it’s particularly brave of Grimm Artisanal Ales to give over its entire rooftop to apizza (the New Haven term for its local style). I’ve been a fan of Grimm for a long time — it was going hard on light-bodied sours during the New England I.P.A. Go for the tomato pie, a cracker-thin pizza with shaved garlic, or the cozy pie with chunks of potato. You want New York pizza?

Persons: I’ve, Grimm, it’s, Rocco Pizza, Rocco Locations: York, East Williamsburg , Brooklyn, Connecticut, England, New York, Brooklyn

☆ Taylor Swift friendship bracelets: Etsy shop owners capitalize on Eras Tour craze by making concert bracelets as a side hustle
▼ + stars: | 2023-08-08 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +5 min

The 46-year-old mother said she sold over 5,000 Taylor Swift-themed friendship bracelets on her Etsy shop this summer, bringing in about $16,000 in sales. She is part of a group of Etsy shop owners who are selling Swift-themed bracelets for serious cash. Her daughter suggested listing them on her Etsy shop, which typically sells hairbows and headbands for babies and toddlers. “I will continue to make them as long as people want them.”Jamie Thompkins has sold more than 5,000 friendship bracelets to Taylor Swift concertgoers. Similar to the other Etsy shop owners, Papson put her leftover friendship bracelets online and has earned about $1800 so far.

Persons: Jamie Thompkins, Taylor Swift, ” Thompkins, Thompkins, ”, “, ” Jamie Thompkins, Jamie Thompkins Swift, ” Swift, You’ve, Swift, Jennifer Garner, Gigi Hadid, Jennifer Lawrence, Nicole Kidman, Keith Urban, Travis Kelce, Taylor roberts, Taylor Roberts, we’ve, hasn’t, There’s, Aimee Papson, Roberts, ” Roberts, …, ” Aimee Papson, Taylor, Papson, Papon Organizations: CNN, Kansas City, Swift, Gillette Locations: Oklahoma City , Oklahoma, Arlington , Texas, Los Angeles, Massachusetts, Connecticut, Boston, Block Island, Rhode Island, Nashville

☆ These are the top 10 U.S. cities where New Yorkers want to move—only 1 is in California
▼ + stars: | 2023-08-08 | by ( Celia Fernandez | ) www.cnbc.com time to read: +4 min

New York City is one of the most expensive American cities to live in, yet people from all around the world continue to flock there. Los Angeles is the only California city to make StreetEasy's list, while Florida had three cities rank in the top 10, including Tampa and Orlando. 1 U.S. city New Yorkers are moving to: Miami, FloridaMiami's popularity among New Yorkers continues to rise and the Florida city landed the top spot of cities residents are thinking about relocating to. Alexander Spatari | Moment | Getty ImagesTop 10 U.S. cities New Yorkers are moving toMiami, Fla. Philadelphia, Pa. Stamford, Conn. Atlanta, Ga. Tampa, Fla. Boston, Mass. It is considered the most significant financial district outside New York City, according to the city's Chamber of Commerce.

Persons: Douglas, StreetEasy, Goldman Sachs, Alexander Spatari, Sean Pavone, it's, Ned Lamont Organizations: New, Yorkers, Elliot Management, Fla ., Washington D.C, Philadelphia, Comcast Corporation, Toll, Burlington Stores, Burlington Stores . Philadelphia, Istock, Getty Images, Bloomberg, U.S . Postal Service, Charter Communications, city's Chamber of Commerce ., Getty Locations: Miami, Florida, New, New York City, Manhattan, The City, Yorkers, Los Angeles, California, Tampa, Orlando, U.S, United States, South Beach, Little Havana, . Miami , Florida, Fla . Philadelphia, Pa . Stamford, Conn, Atlanta, Ga, Fla, Boston, Mass, Fla . Los Angeles, Calif, Washington, East Stroudsburg, Pa, New York County, Kings County, Brooklyn, Queens County, Queens, Philadelphia, The Pennsylvania, Burlington Stores ., Getty Images Stamford , Connecticut, Connecticut, New York City for Connecticut, Stamford, city's Chamber of Commerce . Stamford , Connecticut

☆ High interest rates make these guaranteed-income products attractive. Here's what to know about fixed annuities
▼ + stars: | 2023-08-08 | by ( Michelle Fox | ) www.cnbc.com time to read: +7 min

Americans have flocked to annuities for guaranteed income over the past year, as interest rates rose and investors looked for safety amid the market turbulence and recession concerns. One of the popular products has been fixed-rate deferreds which — as the name implies — provide a fixed rate for a specific period of time. "So that opportunity to get a more competitive rate on a fixed annuity is not an indefinite window." Multiyear guaranteed annuities Traditional fixed annuities typically guarantee the rate for a portion of the contract, while a multiyear guaranteed annuity, or MYGA, has a rate of return that is guaranteed over the duration of the contract. When buying a fixed annuity, investors need to figure out the term that works best for them, said Limra's Hodgens.

Persons: we've, Bryan Hodgens, Doug Ornstein, David Blanchett, TIAA's Ornstein, Ornstein, Limra's, " Blanchett Organizations: TIAA Wealth Management, Federal Deposit Insurance Corporation, guaranty, DC Solutions, Insurance, TIAA Institute, Social Security Locations: Connecticut

☆ The top 10 most expensive states to live in based on living expenses — Hawaii is 50% above the national average
▼ + stars: | 2023-08-06 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +3 min

This amounts to 35% of the annual US household average income of $70,784. Hawaii residents, however, pay around 50% above this national average — forking out an average of $3,070 for their monthly expenses. Getty ImagesMonthly bill expense per household: $2,7274. Getty ImagesMonthly bill expense per household: $2,5696. Getty ImagesMonthly bill expense per household: $2,41310.

Persons: Justin Sullivan, Joseph Sohm, Barry Winiker Organizations: Service, Hawaii, Utilities, Swiet, Getty, ., Maryland, House of, New York New, Washington Housing, . Colorado Colorado, Alaska Locations: Hawaii, Doxo, Wall, Silicon, New York, California , New Jersey, Massachusetts, West Virginia , Mississippi , Arkansas , Oklahoma, Kentucky, Hawaii Lanai, California, San Francisco, . New Jersey Newark , New Jersey, . Massachusetts Pittsfield , Massachusetts, House of Annapolis , Maryland, . Connecticut, Hartford, Connecticut River , Connecticut, New York New York City, Seattle , Washington, . Colorado Colorado Springs , Colorado, Alaska Anchorage , Alaska

☆ Connecticut's sprawling Copper Beech Farm estate sells for a record-breaking $139 million — see inside
▼ + stars: | 2023-08-05 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +1 min

The estate once held the record for the country's most expensive home sale at $120 million in 2014. The property's seller is an LLC with ties to financier Ray Dalio, the Wall Street Journal reported. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. The seller of Copper Beech Farm was The Conservation Institute LLC, a Connecticut company that has ties to hedge fund billionaire Ray Dalio, the Wall Street Journal reported. Sotheby's International Realty's Leslie McElwreath and Joseph Barbieri represented the seller and Stephanie Bo Li of Douglas Elliman represented the buyer.

Persons: Ray Dalio, Ken Griffin's, Leslie McElwreath, Joseph Barbieri, Stephanie Bo Li, Douglas Elliman Organizations: Wall Street Journal, Service, Conservation Institute Locations: Wall, Silicon, Greenwich , Connecticut, New York City, Connecticut

☆ Why it's so hard to build homes in your neighborhood
▼ + stars: | 2023-08-05 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +12 min

Single-family homes in Arlington, Massachusetts. Around 75% of residential land in the United States is zoned for single-family homes only. This has had the effect of encouraging ever-larger single-family homes and limiting housing options, like smaller houses. “You can’t just do it all with zoning reform,” Walla Walla City Manager Elizabeth Chamberlain told CNN. The second wave of single-family zoning laws spread during the 1970s, historians say, and the policies became more restrictive.

Persons: Suzanne Kreiter, ”, Jenny Schuetz, “, —, Ben McCanna, Joe Biden’s, Richard Kahlenberg, Kathy Hochul’s, Elizabeth Chamberlain, “ It’s, Nancy Kaye, William Fischel, Fischel, Carlos Avila Gonzalez, Yonah Freemark, we’re, ” Freemark Organizations: New, New York CNN, Boston Globe, Brookings Metro, Republicans, Portland Press Herald, Getty Images, ”, CNN, Homes, “, Dartmouth University, Homeowners, San Francisco Chronicle, AP, Pew Charitable Locations: New York, Arlington , Massachusetts, United States, “, Maine, Getty Images Minneapolis, Arlington , Gainesville, Charlotte, Walla Walla , Washington, Oregon , California, Washington , Montana, Connecticut , Arizona, ” Walla Walla City, Cities, Louisville , Kentucky, Flushing , Queens, America, San Francisco, Los Angeles , New York City, Seattle, Chicago , Philadelphia, Portland, Washington, Walnut Creek , California, Minneapolis, Portland , New Rochelle , New York, , Virginia, Towns, Walla, Walla Walla

Google (GOOGL.O) had asked for summary judgment on all the government's claims in the case, which is to go to trial next month. Google said Friday it appreciated the court's "careful consideration and decision to dismiss claims regarding the design of Google Search" in the case brought by the state attorneys general. Connecticut Attorney General William Tong praised the decision to allow the states Google search antitrust suit to proceed to trial. Mehta noted Google LLC operates the largest U.S. internet general search engine whose "brand name has become so ubiquitous that dictionaries recognize it as a verb." He noted Google in 2020 had nearly 90% market share and advertisers spend over $80 billion annually alone to reach general search users.

Persons: Gonzalo Fuentes, Judge Amit Mehta, Google's, Mehta, William Tong, Tong, Trump, Judge Mehta, Diane Bartz, David Shepardson, Mark Porter, Diane Craft Organizations: Google, Viva Technology, Porte de, REUTERS, Justice Department, Big Tech, Microsoft Corp, Apple, LG, Motorola, Samsung, Verizon, Mozilla, Justice, Department, Thomson Locations: Porte, Paris, France, WASHINGTON, U.S, Washington, Connecticut, Virginia

☆ Connecticut law ending religious vaccine exemptions for children is upheld
▼ + stars: | 2023-08-04 | by ( Jonathan Stempel | ) www.reuters.com time to read: +3 min

REUTERS/Michelle McLoughlin/File PhotoNEW YORK, Aug 4 (Reuters) - A divided federal appeals court on Friday rejected a challenge to a Connecticut law that ended the state's decades-old religious exemptions from immunization requirements for children in schools, colleges and day care. Circuit Court of Appeals in Manhattan said ending religious exemptions, while still allowing medical exemptions, was a rational means to promote health and safety by reducing the potential spread of vaccine-preventable diseases. He said many U.S. courts have reviewed vaccination mandates for children that lack religious exemptions, and only one, in Mississippi, has ever found constitutional problems. Five other U.S. states--California, Maine, Mississippi, New York and West Virginia--also lack religious exemptions. Connecticut's law, signed by Governor Ned Lamont, does not apply to children from kindergarten to 12th grade who previously had received religious exemptions.

Persons: Michelle McLoughlin, Denny Chin, Chin, Barack Obama, Ned Lamont, Joseph Bianco, Donald Trump, Norm Pattis, Brian Festa, William Tong, Lamont, Jonathan Stempel, David Gregorio, Leslie Adler, Deepa Babington Organizations: Pfizer, REUTERS, U.S, Circuit, Patriots USA, CT, Alliance, COVID, Patriots, Connecticut Office, 2nd U.S, Thomson Locations: Storrs , Connecticut, U.S, Connecticut, Manhattan, Mississippi, California , Maine , Mississippi , New York, West Virginia, 2nd, New York

[1/2] The Subway restaurant logo is seen on a napkin in this illustration photo August 30, 2017. Subway expects to fetch well over $9 billion in a deal, and it remains uncertain whether TDR and Sycamore can meet its price expectations, the sources said. Private equity firm Advent International, which had teamed up with Goldman Sachs Asset Management on a bid for Subway, has dropped out of the process, the sources said. Goldman Sachs (GS.N) may decide to team up with one of the other bidders, the sources added. Subway, Roark and TDR did not immediately respond to requests for comment.

Persons: Thomas White, Goldman Sachs, Roark, Jimmy John's, Jimmy John’s, TDR, Fred DeLuca, Peter Buck, Anirban Sen, Abigail Summerville, Nick Zieminski Organizations: REUTERS, TDR Capital, Sycamore Partners, Roark Capital, International, Goldman Sachs, Management, Subway, Bloomberg News, JPMorgan Chase &, Reuters, Thomson Locations: Sycamore, Champaign , Illinois, Milford , Connecticut, Bridgeport , Connecticut, The Milford , Connecticut, U.S, New York

☆ A man returned home to find a new $1.5 million house on land he acquired decades ago. Now he's suing for $2 million.
▼ + stars: | 2023-08-03 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +3 min

He is suing the LLC that purchased the land, since he said he never sold it. Fairfield County property records show that the property had been sold in October 2022 for $350,000 to 51 Sky Top Partners LLC. That would include removing the four-bedroom, 4,000-square-foot house that's currently being built on the property by a local construction firm affiliated with 51 Sky Top Partners LLC, CTInsider said. The lawsuit details a claim that a Daniel Kenigsberg of Johannesburg, South Africa, signed "an obviously forged power-of-attorney to steal real property," CTInsider said. Monelli is one of the three owners of 51 Sky Top Partners LLC, along with Gina Leto and Greg Bugaj, CTInsider said.

Persons: Daniel Kenigsberg, Kenigsberg, CTInsider, —, Anthony Monelli, Gina Leto, Greg Bugaj Organizations: Service, Sky, Partners, Coldwell Banker Locations: Connecticut, Wall, Silicon, Fairfield , Connecticut, New Haven, Long, Fairfield County, Johannesburg, South Africa, Trumbull , Connecticut, Monelli

[1/2] The entrance to the Sandy Hook Permanent Memorial on the 10th anniversary of the shooting at Sandy Hook Elementary School in Newtown, Connecticut, U.S., December 14, 2022. REUTERS/David 'Dee' Delgado/File PhotoAug 3 (Reuters) - A federal judge on Thursday rejected a gun rights group's challenge to an assault weapons ban the state of Connecticut adopted after a gunman in 2012 killed 20 children and six educators at Sandy Hook Elementary School in Newtown. The National Association for Gun Rights (NAGR) filed a lawsuit in September, arguing the 2013 ban violated the right to bear arms under the U.S. Constitution's Second Amendment, citing a major U.S. Supreme Court ruling last year that expanded gun rights. But U.S. District Judge Janet Bond Arterton in New Haven in a 74-page ruling rejected those claims, saying the group failed to establish that assault weapons and large capacity magazines are commonly bought and used for self-defense. Arterton, an appointee of former Democratic President Bill Clinton, cited "persuasive" evidence by the state that assault weapons are instead more often sought out for their militaristic characteristics and are often used in crimes and mass shootings.

Persons: David, Dee, Delgado, NAGR, Janet Bond Arterton, Bill Clinton, William Tong, Hannah Hill, Nate Raymond, David Gregorio, Bill Berkrot Organizations: Sandy, Sandy Hook Elementary, REUTERS, National Association for Gun Rights, U.S, Supreme, New York, Democratic, National Foundation for Gun Rights, Thomson Locations: Newtown , Connecticut, U.S, Connecticut, Sandy, Newtown, New Haven, Bruen, Boston

☆ Mystery Buyer Pays $138.83 Million for Connecticut’s Most Expensive Home
▼ + stars: | 2023-08-02 | by ( Katherine Clarke | E.B. Solomont | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/mystery-buyer-pays-138-83-million-for-connecticuts-most-expensive-home-4d699afc

Persons: Dow Jones

☆ Student-loan borrowers' interest rates would be 'immediately eliminated' if Democratic lawmakers' new bill is passed
▼ + stars: | 2023-08-02 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

A pair of Democrats introduced a bill to eliminate interest on existing federal student loan balances. "Thanks to this fix, 43 million Americans with existing federally held student loans would see their interest rates immediately eliminated," the press release said. The federal government should not exacerbate the problem by making money off borrowers' federal student loans," Courtney said in a statement. This legislation comes as interest on student-loan payments is beginning to accrue again in September, with borrowers resuming payments one month later. People should not be incurring interest during this 12-month on-ramp period, so I highly urge the administration to consider suspending those interest payments."

Persons: Joe Courtney, Vermont Sen, Peter Welch, Courtney, SCOTUS, Biden's, Pell, Virginia Foxx, Joe Biden's, Alexandria Ocasio, Cortez Organizations: Service, Democratic, Connecticut, Republican, Federal Assistance, FAIR, New York Rep Locations: Wall, Silicon, Vermont, Alexandria

☆ The most—and least—expensive U.S. states based on the average cost of monthly expenses
▼ + stars: | 2023-08-02 | by ( Celia Fernandez | ) www.cnbc.com time to read: +3 min

The doxo United States of Bill Pay: State by State Bill Pay Market Report found that Hawaii's average monthly cost for household bills is 50% above the national average. The doxo report found that the average monthly bill for a mortgage in Hawaii is $2,247, while the average rent is $1,856. The average monthly bill cost for San Ramon is $4,390. According to the doxo report, the average mortgage in the state is $879, while the average monthly rent is $785. Denistangneyjr | E+ | Getty ImagesTop 10 least expensive states based on monthly expenses

Persons: Bill Pay, doxo, Doxo Organizations: State, Utilities, Auto insurance Cable, Mobile, Hawaii, Swiet, Hawaii California New Jersey Massachusetts Maryland Connecticut New, San, United, West Virginia Locations: United States, Hawaii Hawaii, Hawaii, States, O'ahu, Kailua, Hawaii California New Jersey Massachusetts Maryland Connecticut, Hawaii California New Jersey Massachusetts Maryland Connecticut New York Washington Colorado Alaska California, California, San Ramon, San Francisco, Virginia, West Virginia, Appalachian, Mountain, West

☆ Pizza party: 14 versions of the world’s favorite food
▼ + stars: | 2023-08-01 | by ( Terry Ward | ) edition.cnn.com time to read: +15 min

The solution was to fry the pizza dough, with ricotta and pork fat tucked inside, for a puffier and more substantial effect. With several locations in Miami, Rey Pizza offers Cuban pizza varieties that include chorizo, picadillo (ground beef) and platano (plantain). New York slice pizzaNew Yorkers just fold their slices to eat on the move. “New York slice pizza uses a low-moisture and low-fat mozzarella that’s dry, almost more of a provolone,” Verde says. He recommends trying authentic New York slice pizza at Amore Pizzeria in the Flushing neighborhood of Queens (for a whole pie, try the Italo-Americano New York style pepperoni pizza at Coco Pazzeria).

Persons: Fabio Errante, , “, ” Errante, ”, Nino Coniglio, ” Coniglio, Enzo Algarme, ” Algarme, ’, Henry Cunningham, Gabriele Bonci, Cunningham, Stefano Politi Markovina, Tatyana Serraino, that’s, Lisa Cherkasky, it’s, Errante, . Wood, Allen Brown, Derek Gaughan, Pala, ” Gaughan, Louis, Steve Dolinsky, there’s, Dolinsky, Lou Malnati’s, crème, Khachapuri, Maggie Rossetti, iStockphoto, Ciro Verde, Coco Pazzeria, Pazzeria, Coniglio, you’re Organizations: CNN, CNN Travel, UNESCO Intangible Cultural Heritage, Food, Netflix, Washington Post, Uno, Pizza, Americano Locations: Naples, Italy, Italian, Brooklyn, New York City, Neapolitan, Virginia, Rome, Rome’s, Prati, Rome's Trastevere, Errante, Olive, Sicily, United States, Palermo, Detroit, Michigan, Trumbull, Columbus, New Haven, New Haven , Connecticut, Chicago, Cuban, Miami, Gouda, France’s Alsace, Germany, Catalonia, Spain, Balearic, Istanbul, Yerevan, Berlin, Hamburg, Armenia, Turkey, Georgia, York, Astoria , Queens, ” Verde, Flushing, Queens, Yorker

☆ The 5 U.S. metro areas with the highest single-family rents — 3 are in California
▼ + stars: | 2023-08-01 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +1 min

Downtown Los Angeles. However, financial experts warn consumers about some of the unexpected expenses. "Probably the most overlooked hidden cost is when you are looking for the next job," said certified financial planner Michael Hansen, co-founder and managing partner of Frontier Wealth Strategies in Walnut Creek, California. What you might save in dollars, you may lose in connection, collaboration and community. Eric Roberge Founder of Beyond Your Hammock

Persons: Michael Hansen, Eric Roberge Organizations: Downtown, TheCrimsonRibbon, Getty, U.S Locations: Downtown Los Angeles, Los Angeles, Long Beach , California, Anaheim , California, Diego, Carlsbad , California, Naples, Florida, Immokalee , Florida, Marco Island, Bridgeport , Connecticut, Stamford , Connecticut, Norwalk , Connecticut, Jose , California, Sunnyvale , California, Santa Clara , California, Rock , Arkansas, North, Conway , Arkansas, Montgomery , Alabama, Birmingham , Alabama, Hoover , Alabama, Louisville , Kentucky, Jefferson County , Kentucky, Indiana, Cleveland , Ohio, Elyria , Ohio, Walnut Creek , California

☆ US colleges refashion student essay prompts after ban on affirmative action
▼ + stars: | 2023-08-01 | by ( Sharon Bernstein | ) www.reuters.com time to read: +5 min

U.S. colleges are set to release their essay prompts on Tuesday when the common application used by many schools becomes public for the upcoming admissions cycle. Many high school counselors are uncertain how students should handle questions of race and identity in their essays, Perez said. They also are wary that if they mention race in student recommendations, they will be inviting scrutiny or violating the court's order. "The general feeling with school counselors right now is mostly anxiety," Perez said. Private admissions counselors have already started working with students of color on essays that discuss their cultural heritage.

Persons: upending, John Roberts, Timothy Fields, Kevin McKenna, Amin Abdul, Malik Gonzalez, Angel Perez, Perez, Shereem Herndon, Brown, Fields, Sharon Bernstein, Colleen Jenkins, Cynthia Osterman Organizations: Emory University, Emory, U.S, Supreme, Sarah Lawrence College, Reuters, Wesleyan University, National Association for College, College, Connecticut, Thomson Locations: Atlanta, California, Michigan, Yonkers , New York, Connecticut, New York

CNN —Golf’s power structure took a sharp shift to the players Tuesday when Tiger Woods was named as the sixth player director on the powerful PGA Tour policy board. The move gives the players a one-seat advantage on the board after the controversial merger in June between the PGA Tour and Saudi-backed LIV Golf. Five of the policy board members are independent directors, with professional backgrounds in law and business. “I am honored to represent the players of the PGA TOUR. Many elite PGA golfers accepted highly lucrative offers from LIV Golf, including Phil Mickelson, Dustin Johnson, Sergio Garcia and Bubba Watson.

Persons: Tiger Woods, LIV Golf, ” Woods, Jay, Monahan, Woods, Rory McIlroy, Webb Simpson, Patrick Cantlay, Charley Hoffman, Peter Malnati, McIlroy, LIV, “, Golf, Phil Mickelson, Dustin Johnson, Sergio Garcia, Bubba Watson, Sen, Richard Blumenthal, Greg Norman, ” Monahan, Colin Neville, Neville, Ben Morse Organizations: CNN, Tour, PGA Tour, LIV, PGA, Washington Post, Saudi Public Investment Fund, Capitol Hill, Saudi, Premier Golf League Locations: Saudi, Connecticut

☆ Instant View: Fitch downgrades U.S. foreign currency ratings to 'AA+' from 'AAA'
▼ + stars: | 2023-08-01 | by ( ) www.reuters.com time to read: +9 min

The downgrade follows a debt ceiling agreement in June that came after months of political brinkmanship and ultimately lifted the government's $31.4 trillion debt ceiling. Unless they think that fiscal trajectory suggests risk of a default, which I don't think they say, I don't understand the reason for this." “So I don't think the reaction, it should surprise anyone in the markets because we've been through this before. JACK ABLIN, CHIEF INVESTMENT OFFICER, CRESSET WEALTH ADVISORS IN PALM BEACH, FLORIDA"I'm surprised, but I'm not surprised." "It's really the just the troubled negotiations that take place every time we have a debt ceiling or budget negotiation.

Persons: Thomas White, Fitch, STEVEN RICCHIUTO, ” WENDY EDELBERG, I'm, JASON WARE, Fiitch, MICHAEL O’ROURKE, “, ” BERNARD BAUMOHL, Poor’s, ” MICHAEL SCHULMAN, ANGELO KOURKAFAS, EDWARD JONES, ”, MICHAEL K, FARR, That’s, ” KEITH LERNER, ” “ It’s, ERIC WINOGRAD, ALLIANCEBERNSTEIN, QUINCY KROSBY, doesn't, JACK ABLIN, it's Organizations: REUTERS, United, AAA, USA, ., OF, HAMILTON PROJECT, BROOKINGS, WASHINGTON D.C, ALBION, Fitch, AA, PRINCETON, NEW, ST LOUIS, MILLER & WASHINGTON LLC, ADVISORY, Global Finance, Markets, Thomson Locations: United States, U.S, MIZUHO, WASHINGTON, CITY , UTAH, STAMFORD , CONNECTICUT, NEW JERSEY, ATLANTA, CHARLOTTE, NORTH CAROLINA, BEACH , FLORIDA

☆ Stanley Black & Decker posts narrower-than-expected quarterly loss on cost cuts
▼ + stars: | 2023-08-01 | by ( ) www.reuters.com time to read: +1 min

Aug 1 (Reuters) - Stanley Black & Decker (SWK.N) reported a lower-than-expected loss in the second quarter on Tuesday, as cost cut measures cushioned a hit from cooling demand for its power tools. The industrial tools maker last year cut 1,000 jobs in an effort to trim costs, according to media reports. Stanley Black & Decker, whose primary customers include home improvement chain Lowe's (LOW.N), construction businesses and aerospace manufacturers, now expects a 2023 net loss of between 50 cents and $1.25 per share, down from 60 cents to $1.65 it forecast previously. On an adjusted basis, the company posted a quarterly loss of 11 cents per share, compared with Refinitiv IBES estimates for a loss of 37 cents. Reporting by Aishwarya Jain; Editing by Shinjini GanguliOur Standards: The Thomson Reuters Trust Principles.

Persons: Stanley Black, Decker, Aishwarya Jain, Shinjini Organizations: Thomson Locations: Britain , Connecticut

☆ 3 people who tip for almost everything explain why they do so even if the service is bad — and how much extra they usually leave
▼ + stars: | 2023-08-01 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +7 min

While many customers don't tip, those who do are helping businesses keep their prices stable. Some people are happy to tip almost every time they are prompted, and they're helping businesses pay their employees more without cutting into profits or raising prices. Farley told Insider that he usually leaves at least a small tip whenever businesses prompt him, even if it's for something that didn't require much "actual service" — like buying a drink at the counter. A similar story is playing out at businesses across the country, Laurence Kotlikoff, an economics professor at Boston University, previously told Insider. Personal experience working in the service industry causes some customers to tip almost every chance they getCamille Rogers, a 25-year-old Manhattan-based publicist, told Insider that she usually tips whenever it's an option.

Persons: Ryan Farley, Farley, They're, Dan Moreno's, Moreno, Laurence Kotlikoff, Camille Rogers, Rogers, KaLyn McCullough, McCullough Organizations: Service, Boston University, Rogers Locations: Wall, Silicon, Austin , Texas, Dan Moreno's Miami, Manhattan, Hartford , Connecticut

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