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☆ When my son was arrested as a teen, I worried about his future. But it was the best thing to happen to him.
▼ + stars: | 2024-07-21 | by ( Melissa Drake | ) www.businessinsider.com time to read: +5 min

A few weeks ago, my adult son called to say, "Getting arrested was the best thing that ever happened to me!" In 2014, the night before a college sporting scholarship meeting, I learned my son was arrested for possession of marijuana. Thankfully, he could finish his probation in Florida, where he moved in with his father's family and completed electrician trade school. While he barely attended high school and had a very low GPA, he was a straight-A student in trade school. When he returned to Des Moines after trade school, he continued his sales journey at Best Buy.

Persons: Johnathan, who's Organizations: Service, Business Locations: Florida, Des Moines, California

☆ Facing difficult frontline reality and the prospect of Trump in the White House, Zelensky hints at negotiations with Russia
▼ + stars: | 2024-07-20 | by ( Ivana Kottasová | ) edition.cnn.com time to read: +12 min

Zelensky suggested Moscow should send a delegation to the next peace summit that he hopes to hold in November. Kyiv is currently facing the double whammy of a difficult frontline situation and political uncertainty over the level of future support from Ukraine’s closest allies. Trump and Zelensky spoke on Friday in what Trump called a “had a very good phone call”. Putin said Russia would end its war in Ukraine if Kyiv surrendered the entirety of four regions claimed by Moscow: Donetsk, Luhansk, Kherson and Zaporizhzhia. Despite being considerably bigger and stronger than Ukraine, Russia has not managed to fulfil its territorial goals – even when Kyiv was receiving only limited help from the West.

Persons: Volodymyr Zelensky, Zelensky, –, Germany –, Ukraine John Herbst, Donald Trump, JD Vance, Herbst, Trump, ”, Vladimir Putin, Putin, Orysia Lutsevych, Russia … Putin, Lutsevych, Riley Bailey, Bailey, “, ” Bailey, hasn’t, Vance, Libkos, Ukraine wasn’t, doesn’t, ” Herbst, Ukraine doesn’t, you’re Organizations: CNN, NATO, Monday, Aspen Security, –, Chatham House, Kyiv, Trump, Democrats, ” Locations: Russia, Moscow, Switzerland, Ukraine, Kyiv, Ukraine’s, United States, Germany, Donetsk, Luhansk, Kherson, Zaporizhzhia, Eurasia, Chatham, Kharkiv, Europe, Afghanistan, Crimea, Kerch, Russian

Your mortgage interest rate is based in part on how risky lenders consider you to be as a borrower. Use these strategies for lowering mortgage interest rates. Improving your credit scoreRaising your credit score is one way to get a lower interest rate on your mortgage. The role of credit in mortgage ratesThe impact of credit scores on mortgage rates is significant. Locking in your rateA rate lock lets you cement your interest rate while you finalize your home purchase.

Persons: They'll, they'd, Freddie Mac, —, you'll Organizations: ICE Mortgage Technology, PenFed Credit Union, New, Mortgage, Survey Locations: Portland , Oregon, California

Understanding the role of a real estate agentWhat does a real estate agent do? To be able to represent buyers and sellers in this process, real estate agents all have to meet their state's requirements for real estate salespeople. Another type of real estate agent you may come across is a real estate broker. Real estate agent vs. RealtorNot all real estate agents are Realtors. How to find a real estate agent FAQsHow many real estate agents should I interview before making a decision?

Persons: that's, they've, you've, It's, you'll, Keller Williams, You'll, they're, I'm Organizations: Realtors, National Association of REALTORS, NAR Locations: Chevron

☆ Thousands of Disneyland workers are expected to authorize a potential strike. It would be the first in 40 years
▼ + stars: | 2024-07-19 | by ( Natasha Chen | ) edition.cnn.com time to read: +7 min

Now, negotiating better wages and working conditions for Carranza and thousands of other Disneyland employees has gotten messy, to the point where 9,500 of them will conclude a vote on Friday that will authorize a potential strike. But that does not mean a strike will necessarily happen, as was the case with Teamsters at UPS last year. A dream of affordabilityCarranza ‘s Disneyland wage is just over $20 per hour, after factoring in a differential for working the overnight shift. Escaping reality, not confronting itA strike would involve about 9,500 employees who work at Disneyland Park, currently under a contract that expired in June. But only the Disneyland Park employees will vote and participate in a strike for now.

Persons: CA CNN — Cyn Carranza, it’s, ’, Carranza, ” Carranza, –, Coleen Palmer, Palmer, Coleen, ” Palmer, they’ve, Jenna Thompson, ”, Chris Isidore Organizations: CA CNN, Disney, Teamsters, UPS, Voters, Disneyland Resort, Park, Downtown Disney, Disneyland, ’ Equity Association, SEIU, USWW, UCFW, BCTGM, National Labor Relations Board, NLRB, CNN Locations: Anaheim, CA, Carranza, Orange County , CA, Southern California, Disney California

☆ Israel-Gaza War: Latest News
▼ + stars: | 2024-07-18 | by ( Ephrat Livni | ) www.nytimes.com time to read: +5 min

His speech there before a divided Congress figures to be contentious, particularly if he cannot close a deal with Hamas to end the war before he travels. Image Prime Minister Benjamin Netanyahu of Israel at the Knesset, Israel’s Parliament, in Jerusalem on Wednesday. Credit... Ammar Awad/ReutersSome in Mr. Netanyahu’s governing coalition have urged him to oppose a deal with Hamas. Mr. Netanyahu’s grip on power relies on the support of two far-right parties opposed to any agreement that would leave Hamas in power in Gaza. The war has killed more than 38,000 people and led to widespread hunger, according to Gazan health authorities.

Persons: Benjamin Netanyahu, Israel, Netanyahu, Ronen Zvulun, Yair Lapid, Mr, Lapid, ” Ella Ben, Ami, Ohad Ben, Ben, Be’eri, Raz Ben, Ella Ben, Yoav Gallant, ”, Gallant, Ammar Awad, “, Matthew Miller, Mike Johnson, Dani Elgarat, Nir Oz, Noa Argamani, Elgarat Organizations: Protesters, Hamas, ., Families, Wednesday, Credit, Reuters, Shas, Department, Democratic, Louisiana Republican, Mr Locations: Israel, Washington, Qatar, Egypt, Israel’s, Jerusalem, Tel Aviv, Gaza, Louisiana, United States

Introduction to credit card interestCredit card interest is a touchy subject. Understanding your credit card payoff timeline is a crucial component of responsible personal finance management,The importance of calculating credit card interestCredit card interest can be more complicated to calculate than it looks on paper. This guide will show you how to calculate credit card interest payments, help you understand how your APR is applied to your balance, and offer some strategies for paying off credit card interest faster so you can minimize the interest you pay. Calculating credit card interest frequently asked questionsCan I calculate the APR for multiple credit cards? This credit card interest calculation formula will work for any card that has an annual percentage rate of interest.

Persons: we're, APRs, you've Organizations: Chevron

☆ Lawyers representing US soldier who crossed into North Korea are in plea negotiations with prosecutors
▼ + stars: | 2024-07-16 | by ( Haley Britzky | ) edition.cnn.com time to read: +3 min

Travis King, the US soldier who ran across the border from South to North Korea last year, is in plea negotiations with military prosecutors, according to King’s attorney. Rosenblatt declined to provide details of the plea agreement which was first reported by Stars & Stripes. A spokesperson for OSTC declined to comment on the possibility of a plea deal but said prosecutors did not object to delaying the Article 32 hearing. The day he crossed the border into North Korea, King was supposed to have boarded a flight back to Texas, but he instead left the airport after US Army escorts left him at the security checkpoint. He then went to Fort Bliss; when he arrived, Rosenblatt said, King was ordered into pre-trial confinement where he has remained since October 18.

Persons: Travis King, King, OSTC, Rosenblatt, ” Rosenblatt, —, Michelle McCaskill, he’d, Bliss Organizations: CNN, Army’s, Military, US Army, Defense, Army Locations: South, North Korea, Fort Bliss , Texas, South Korea, Seoul, Texas, San Antonio , Texas, New Mexico

☆ Israel-Hamas War and Gaza Latest News
▼ + stars: | 2024-07-15 | by ( Riley Mellen | ) www.nytimes.com time to read: +7 min

The strike, which the Israeli military says targeted a Hamas leader, took place in an area designated as a humanitarian zone. Earlier assassination attempts against Mr. Deif are believed to have left him disabled, and he may be missing an eye and limbs. They became more confident that Mr. Deif might enter Mr. Salameh’s compound after a growing cache of evidence suggested that he placed unusual trust in his subordinate. The official, Khalil al-Hayya, who lives in exile, said in an interview with Al Jazeera Arabic that Mr. Deif was listening to Mr. Netanyahu’s words and “mocking” them. Mr. Netanyahu himself, in a televised news conference on Saturday night, said there was still no “absolute certainty” that Mr. Deif had been killed.

Persons: Israel, Muhammad Deif, Deif, Shin, Rafa Salameh, Khan Younis, Salameh’s, Salameh, Benjamin Netanyahu, Izzat, Rishq, Mkhaimar Abusada, ”, Scott Anderson, Anderson, Khalil al, Netanyahu, Bet, Isabel Kershner Organizations: Hamas, The New York Times, Israel Defense Forces, Analysts, Gaza’s Al, Azhar University, Fatah, Gaza Health Ministry, Al Locations: Gaza, Israel, U.S, Khan, Rafa Salameh ., Al Jazeera, Jerusalem

☆ 4 Gen Zers on track for financial independence explain the mix of passive income, businesses, and sacrifices it took to get there
▼ + stars: | 2024-07-15 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +10 min

Four Gen Z Americans told Business Insider they've followed the principles of the FIRE — financial independence, retire early — movement to achieve a high net worth before their 30th birthdays. But all four emphasized that their sacrifices and risks earlier in life may be the key to their financial stability down the road. Cody Berman, entrepreneur and "passive income expert"Cody Berman hit financial independence at 25 but continues to help others achieve their financial goals. Courtesy of Cody BermanCody Berman, 28, hit financial freedom at 25 but has no plans to retire early. His net worth is about $2.8 million, but he drives a 2015 Nissan truck approaching 100,000 miles.

Persons: —, Gen Z, they've, Cody Berman, Cody Berman Cody Berman, Berman, I'm, " Berman, Bosch, Louis, Roth, Amber Smith, Amber Smith Amber Smith, Smith, she's, Cory Sarkisian, Sarkisian, They've Organizations: Service, Transamerica Center, Retirement Studies, Business, Boeing, Navy, Nissan, Gold City Ventures, Bosch, eBay, Honda Civic, Roth IRA, Savings Locations: St, California, West Des Moines, San Diego, Hawaii, Connecticut, New Zealand

☆ 4 Gen Zers share how they're already on pace to retire early — though some don't want to
▼ + stars: | 2024-07-14 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +10 min

Four Gen Z Americans told Business Insider they've followed the principles of the FIRE — financial independence, retire early — movement to achieve a high net worth before their 30th birthdays. Some said they don't intend on following the "retire early" part of the acronym and instead want to pursue their passions while making money doing so. Cody Berman, entrepreneur and "passive income expert"Cody Berman hit financial independence at 25 but continues to help others achieve their financial goals. Courtesy of Cody BermanCody Berman, 28, hit financial freedom at 25 but has no plans to retire early. His net worth is about $2.8 million, but he drives a 2015 Nissan truck approaching 100,000 miles.

☆ Israeli Prime Minister Benjamin Netanyahu reverses on key Israeli concession in ceasefire talks
▼ + stars: | 2024-07-12 | by ( Jeremy Diamond | ) edition.cnn.com time to read: +2 min

Jerusalem CNN —Israeli Prime Minister Benjamin Netanyahu has reneged on a key Israeli concession in ceasefire negotiations, demanding that armed men be barred from returning to northern Gaza during an eventual ceasefire, an Israeli source familiar with the talks told CNN. Israel had previously agreed to allow Palestinians fully unrestricted access to northern Gaza during an eventual ceasefire, but the Israeli Prime Minister told his negotiating team this week to demand that armed men be barred from northern Gaza as part of any ceasefire and hostage deal, the source said. The new demand could potentially upend progress in hostage negotiations and raises further questions about Netanyahu’s commitment to Israel’s own proposal for a deal that has become the basis for detailed negotiations. Israel had said it wouldn’t end the war until all hostages are freed and Hamas is eliminated. CNN has reached out to the Israeli Prime Minister’s Office for comment.

Persons: Benjamin Netanyahu, Israel, Netanyahu, ” Israel, CNN’s Nadeen Ebrahim, Ibrahim Dahman, Eugenia Yosef, Tim Lister Organizations: Jerusalem CNN, Israeli, CNN, Qatari, Doha, Prime Locations: Jerusalem, Gaza, Israel, ”

☆ NATO just accused China of enabling Russia's invasion of Ukraine for the first time
▼ + stars: | 2024-07-11 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +4 min

Read previewNATO on Wednesday accused China of being "a decisive enabler of Russia's war against Ukraine" and demanded that it stop aiding Moscow's military or face the consequences. In the alliance's Washington Summit declaration, published before a White House dinner with its leader, it called on China "to cease all material and political support to Russia's war effort." The strongest rebuke yetJens Stoltenberg, NATO's secretary-general, described the language as the "strongest message NATO allies have ever sent on China's contributions to Russia's illegal war against Ukraine." In response, China has said it is not a party to the Ukraine war and that there should be no interference with trade between China and Russia. Speaking at a press briefing on Thursday, Chinese foreign ministry spokesperson Lin Jin said "NATO hyped up China's responsibility" in Russia's invasion of Ukraine, according to Reuters.

Persons: —, Natalie Sabanadze, Jens Stoltenberg, NATO's, Lin Jin, Lin, Alexander Stubb, Xi Jinping, Stubb, Jake Sullivan, Biden Organizations: Service, Wednesday, Business, Chatham House, New York Times, NATO, Ukraine, Reuters, The Times, Bloomberg Locations: China, Ukraine, Washington, Russia, Europe, London, Beijing, NATO, United States

☆ Real estate investors share 3 strategies they've used to increase the value of their properties by up to 60%
▼ + stars: | 2024-07-11 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +5 min

Real estate investing, if done prudently, can earn income in a variety of ways. There's no guarantee your real estate will appreciate, but there are strategies you can use to improve your chances. Focus on the kitchen and bathroomsDana Bull, a Massachusetts-based real estate investor, agent, and consultant, bought her first property for $200,000 in 2012. Massachusetts-based real estate investor Dana Bull. Unless you're truly an expert in design, it's often worth it to pay a professional, she said: "I'm a real estate agent.

Persons: Dana Bull, They'll, Afzal, Monroe, it's Organizations: Service, Business Locations: Massachusetts, Monroe , New York, New York City, Manhattan

☆ Escalation Between Israel and Hezbollah Hangs Over Gaza Cease-Fire Talks
▼ + stars: | 2024-07-11 | by ( Ephrat Livni | ) www.nytimes.com time to read: +6 min

When intelligence chiefs of the United States, Israel and Egypt went to Qatar on Wednesday for talks aimed at brokering a cease-fire in Gaza, there was more on the line than Israel’s war against Hamas. Hezbollah and Hamas are both allied with Iran in what they call “the axis of resistance,” a coalition that opposes Israel’s right to exist. Israeli forces and Hezbollah fighters in Lebanon, who are backed by Iran, have traded fire since the war in Gaza began after Hamas led an attack on Israel on Oct. 7. Israeli government officials and military leaders have in recent weeks toured northern Israel and met with troops stationed there who were preparing for a potential escalation. Whether efforts at de-escalating the conflict between Israel and Hezbollah can succeed may well depend on how the cease-fire talks in Qatar progress.

Persons: Hassan Nasrallah, ”, Mr, Nasrallah, Hezbollah’s, Abbas Salman, Yasser Nemr Qranbish, Bilal Hussein, —, heightening, — Noa, Nir Baranes, Yoav Gallant, Lloyd J, Austin III, Israel ”, Meir Elran, al, Ansari Organizations: Hamas, Hezbollah, ., Associated, Ortal, Lebanese, U.S ., Tel Aviv University’s Institute for National Security Studies, Brig, Qatar’s Foreign Ministry Locations: United States, Israel, Egypt, Qatar, Gaza, Lebanon, Hezbollah, Iran, Syria, Beirut, Golan, Washington, Tel Aviv, France

☆ Jim Cramer: Costco's membership fee hike actually signals good news for inflation
▼ + stars: | 2024-07-11 | by ( Paulina Likos | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer said Thursday that Costco 's membership fee hike suggests inflation is becoming more manageable for consumers. The fee increase "is significant because management said it wasn't going to raise its membership fee until they saw inflation under control," Cramer said on " Squawk on the Street ." Costco late Wednesday announced its long-awaited membership fee increase — the first since 2017. The membership fee hike has been a second catalyst the Club has been waiting for. Profits from the fee increase will go into the bottom line while some will be reinvested in the business.

Persons: CNBC's Jim Cramer, Cramer, — Organizations: Costco, Gold, CNBC, Management Locations: U.S, Canada

☆ Kamala Harris is in a tough spot
▼ + stars: | 2024-07-09 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +5 min

Read previewVice President Kamala Harris is in a difficult position. My guess is some fairly unsophisticated people are calling up Kamala Harris saying: 'Can I do this? Al Sharpton told The New York Times of Harris' dual roles of supporting Biden while also proving her own ability to lead. "But that is complicated by the fact that she is the vice president and is also running for elective office as the vice president," Atkeson added. Atkeson then explained that Harris' decision to support Biden despite growing doubts about his physical and mental capacity puts her in a compromising position.

Persons: —, Kamala Harris, Joe Biden's, Harris, Biden, Donald Trump, Elaine Kamarck, Al Gore, Joe Biden, Al Sharpton, there's, Lonna, LeRoy, Atkeson, Chip Roy, Mike Johnson, Harris — Organizations: Service, Business, Democratic, Brookings Institution, New York Times, Trump, Washington Post, Office, The New York Times, Pacific Islander, Florida State University, LeRoy Collins Institute, Rep, Texas Locations: Las Vegas, Dallas, North Carolina

Unionized workers at Samsung Electronics said Wednesday they would go on an indefinite strike, an escalation of a rare labor dispute that could disrupt the technology giant’s world-leading chip business. An estimated 6,500 workers walked off the job on Monday for a planned three-day strike over pay and working conditions. The Nationwide Samsung Electronics Union decided to extend the strike after “hearing no word” from the company, according to Lee Hyun Kuk, the vice president of the union, which represents 28,000 workers, or a fifth of the Samsung’s global work force. The union said it has been negotiating with Samsung since January over vacation days and wages. “As the strike goes on, the management’s blood will dry out and they will eventually come to the negotiating table on their knees,” the union said in a statement.

Persons: Lee Hyun Kuk Organizations: Samsung Electronics, Nationwide Samsung Electronics Union, Samsung, Taiwan Semiconductor Manufacturing Company

☆ Developments in Gaza ceasefire talks raise hopes but challenges persist. Here’s what to know
▼ + stars: | 2024-07-08 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +9 min

Last week, a US official told CNN that a framework agreement is “in place” and talks resumed Friday in Doha. Hatem Khaled/ReutersOn Thursday, a senior US administration told CNN that the framework for a deal is “now in place,” following a call between Biden and Netanyahu. Hamas has long demanded that Israel agree to a permanent ceasefire before signing any deal, which Israel has so far refused. Netanyahu also said there will be “no return of thousands of armed terrorists to the northern Gaza Strip,” the statement said. “If the Americans are still optimistic (after Netanyahu’s Sunday statement), then they are really living in La La land,” Baskin told CNN.

Persons: ”, ” Israel, Israel, ” Gershon Baskin, Baskin, Joe Biden, “, who’ve, Khan Younis, Hatem Khaled, Biden, Netanyahu, –, Donald Trump, Yair Lapid, ” Lapid, Benjamin Netanyahu's, Ilan Rosenberg, Reuters Baskin, ” Baskin Organizations: CNN, Hamas, Reuters, Sunday, Trump, “ Locations: Israel, Palestinian, Gaza, Doha, Cairo, ”, Egypt, Israeli, Rafah, Jerusalem, La La

☆ Netanyahu’s Resistance to a Deal Narrows Hopes for Gaza Cease-Fire: Live Updates
▼ + stars: | 2024-07-08 | by ( Patrick Kingsley | ) www.nytimes.com time to read: +3 min

But Mr. Netanyahu’s statement on Sunday night dampened those expectations, since it appeared to lessen the chances of a compromise with Hamas over the length and permanence of the cease-fire. Mr. Netanyahu’s grip on power relies on the support of two far-right parties opposed to any agreement that would leave Hamas in power in Gaza. “The efforts of the military in Gaza may help him get more from Hamas,” Mr. Shtrauchler said. Additionally, Mr. Netanyahu may be trying to stave off the collapse of his coalition until the end of July, when Parliament goes on recess. “He’s trying to create room for maneuver — and for that, he needs time,” Mr. Shtrauchler said.

Persons: Benjamin Netanyahu, Critics, —, “, ” Yair Lapid, Benjamin Netanyahu doesn’t, ” Ben Caspit, Mr, Netanyahu, Nadav Shtrauchler, ” Mr, Shtrauchler, “ He’s, Gabby Sobelman Organizations: News, Hamas, Analysts, Mr Locations: Israel, Gaza, Cairo, Qatar, Rafah, Rehovot

☆ U.S. Creates High-Tech Global Supply Chains to Blunt Risks Tied to China
▼ + stars: | 2024-07-08 | by ( Edward Wong | Ana Swanson | ) www.nytimes.com time to read: 1 min

If the Biden administration had its way, far more electronic chips would be made in factories in, say, Texas or Arizona. Those places may not be the first that come to mind when people think of semiconductors. But administration officials are trying to transform the world’s chip supply chain and are negotiating intensely to do so. The core elements of the plan include getting foreign companies to invest in chip-making in the United States and finding other countries to set up factories to finish the work. Officials and researchers in Washington call it part of the new “chip diplomacy.”

Persons: Biden, ” Locations: Texas, Arizona, Costa Rica, Vietnam, Kenya, United States, Washington

☆ Hamas says it's waiting for Israeli response on Gaza ceasefire proposal
▼ + stars: | 2024-07-07 | by ( ) www.cnbc.com time to read: +3 min

Hamas is waiting for a response from Israel on its ceasefire proposal, two officials from the Palestinian group said on Sunday, five days after it accepted a key part of a U.S. plan aimed at ending the nine-month-old war in Gaza. "We have left our response with the mediators and are waiting to hear the occupation's response," one of the two Hamas officials told Reuters, asking not to be identified. It aims to end the war and free around 120 Israeli hostages being held by Hamas. Another Palestinian official, with knowledge of the ceasefire deliberations, said Israel was in talks with the Qataris. "They have discussed with them Hamas' response and they promised to give them Israel's response within days," the official, who asked not to be identified, told Reuters on Sunday.

Persons: Israel, Benjamin Netanyahu, Joe Biden, Netanyahu, William Burns, Ehab Al Organizations: Hamas, Reuters, U.S, Palestinian, Sunday, U.S . Central Intelligence Agency, Civil Emergency Service, UNRWA Locations: Zawayda, Gaza, Israel, U.S, Qatar, Egypt, Christian

☆ A Gen X dad supercommutes from Texas to Arizona every week. He explains why it's worth it for his career — despite the extra costs.
▼ + stars: | 2024-07-07 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +6 min

Then 2022 rolled around, and Dabney was offered a promotion within his company to be a program director — in Phoenix. Dabney was excited about the opportunity, and he viewed it as the perfect chance to advance his career and boost his income. And that has been crucial to decisions that I've made over the years about where to go and where to work," Dabney told Business Insider. While he said his company helped him with relocating costs, he estimated the supercommute costs him around an extra $20,000 each year. Advertisement"It was a nonstarter ripping my kids out of high school to go to Louisiana and then eventually Phoenix," Dabney said.

Persons: Dennis Dabney, Dabney, —, I've, he's, it's, Nick Bloom, Alex Finan Organizations: Service, Air Force, Business, Survey, Census Bureau, Stanford Locations: Virginia, Fort Worth , Texas, Phoenix, Fort Worth, Louisiana, Texas

☆ Job switchers hoping for a big raise are in for disappointment
▼ + stars: | 2024-07-07 | by ( Madison Hoff | ) www.businessinsider.com time to read: +4 min

Read previewHere's some less-than-great news if you're looking to job-hop because of your pay: People changing roles likely won't be getting as big of a wage bump as past job switchers. However, the report said that "median pay raises appear to have moderated to around 10%" as of this past May. The drops in the median pay raise for job-to-job movers from 2022 to 2024 were felt across workers in all income groups, the Bank of America Institute found. Still, the report noted that lower-income Bank of America customers — those making under $50,000 a year — had the highest median pay gains. AdvertisementThe report said that those middle- and upper-income job seekers may "have somewhat less leverage and bargaining power in negotiating a raise on taking a job."

Persons: —, David Tinsley, Tinsley, there's, switchers Organizations: Service, Bank of America Institute, Business, Bureau of Labor Statistics, Bank of America, New, of Labor Statistics Locations: Atlanta

CNN —Hamas is ready to reconsider its insistence that Israel commit to a permanent ceasefire in Gaza before signing an agreement that would usher in a temporary truce and begin a process to release hostages still held in Gaza, a senior Hamas official confirmed to CNN. The change in Hamas’ position was first reported by Reuters, and comes amid intensified efforts towards reaching an agreement. The group has long demanded Israel agree to a permanent ceasefire before signing any deal, terms Israel sees as unacceptable. Hamas would instead accept that talks on reaching a permanent ceasefire would take place throughout the first phase of any deal, which would last six weeks, the official told CNN. Efforts to reach a deal between Hamas and Israel have stalled for months.

Persons: Israel, ’, –, Netanyahu, David Barea, Netanyahu –, Israel won’t, Joe Biden Organizations: CNN, Hamas, Reuters, Minister’s Locations: Gaza, Israel, Qatar

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