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download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementThe exodus is mainly being driven by higher housing costs, a higher cost of living, and souring attitudes toward the influx of people who moved to Florida in recent years. Property insurance costs in the state are rising at the fastest pace in 20 years, according to Capital Economics. According to Cindy, her home insurance costs around $8,000 a year. The cost of living has also risen, in part due to rising housing costs and more people living in the city.
Persons: , who's, Cindy, isn't, Rafael Corrales, Corrales, Kevin, hadn't, it's, Bill McBride, McBride, That's, It's, Darryl Fairweather, Redfin, Fairweather Organizations: Service, Business, Tampa —, Capital Economics, Bureau of Labor Statistics, Washington DC, Florida Department of Law, Sunshine State Locations: Florida, Sunshine, Tampa, Orlando, Jacksonville, South Florida, Miami, St, Pete, Seattle, New York, Fort Lauderdale, Palm Beach, Petersburg, Clearwater, Florida's
Pfizer 's experimental drug for a common, life-threatening condition that causes cancer patients to lose their appetite and weight showed positive results in a midstage trial, the drugmaker said Saturday. Patients with the condition, called cancer cachexia, who took Pfizer's treatment saw improvements in body weight, muscle mass, quality of life and physical function, according to the drugmaker. The condition affects about 9 million people worldwide, and 80% of cancer patients suffering from it are expected to die within one year of diagnosis, according to the company. Cancer cachexia is currently defined as a loss of 5% or more body weight over the past six months in cancer patients, along with symptoms such as fatigue, according to the National Cancer Institute. Allerton said a work group of experts defines a weight gain of greater than 5% as a "clinically meaningful difference in cancer patients with cachexia."
Persons: cachexia, Charlotte Allerton, Pfizer's, Allerton Organizations: Pfizer, National Cancer Institute, CNBC, European Society for Medical Oncology, The New England, of Medicine Locations: U.S, cachexia, Barcelona, Spain, The, Allerton
So you would find these really, really high-end sneakers — like, $1,000 sneakers — ​​on there for $150." Related stories"We started selling five or 10 sneakers a day, and then I just started doing basic math," said Zapata. She shadowed a friend who was also starting to do live Whatnot shows. Courtesy of Val ZapataThe majority of her sales now come from live Whatnot shows. After just one month on Whatnot, Zapata says she did enough in sales to quit her insurance job in September 2022.
Persons: , Val Zapata, Zapata, couldn't, Val Zapata Zapata, didn't, We've, we're gunning Organizations: Service, Business, Facebook, YouTube, Twitter, eBay, BI Locations: Houston, Texas, Colombia, New York, Nevada, Las Vegas, Vegas
A national debt crisisAmericans are facing a credit card debt crisis, with millennials and Gen Z at the forefront of the struggle. If you're a consumer with average credit who tends to carry a credit card balance, McCarthy recommends seeking options for lower-interest repayment. If the Fed lowers interest rates as anticipated, you can expect personal loan interest rates to drop slightly, regardless of your credit score. "Many consumers struggling with high-interest debt have expressed confusion surrounding credit card APRs, and credit card companies are happy to keep it that way." "Many consumers believe that making the minimum payment is an effective way to manage their credit card debt," Elliot said.
Persons: , Z, James McCarthy, McCarthy, Jeremy Schneider, Schneider, Sophia Bera Daigle, Daigle, you've, Mark Elliot, Elliot Organizations: Federal, Service, Federal Reserve, Consumer Financial Protection Bureau, National Foundation, Credit, JPMorgan Chase, Capital Locations: millennials, U.S
CNN —Amber Ruffin has some thoughts about those who think that CNN isn’t necessarily the best home for comedy. “I’d say they’re right,” Ruffin told CNN in an interview this week. Based on a British series of the same name, entertainers, political figures and comedians will appear as guests for quick-witted conversation and games. “Anybody who has a sense of humor about the world and has a sense of humor about themselves, I think those are the only prerequisites,” he said about possible team members. “If you can laugh the world and laugh at yourself, I think you’re gonna fit in very well.”“Have I Got News For You” premieres Saturday, September 14 at 9 p.m.
Persons: Amber Ruffin, , ” Ruffin, Roy Wood Jr, Ruffin, Micheal Ian Black, Wood Jr, , Michael Ian Black, Roy Woods Jr, Amber Ruffin CNN “, Black Organizations: CNN, Productions
Moo Deng gives her handler a good chew on the knee. One person poured water [on her] while another threw a shell onto Moo Deng when she lay on the floor,” he said. While she continues to draw admirers in person, Moo Deng has found her biggest stardom online. “This will be the time Moo Deng will be energetic as the keeper will splash the water around,” he said. Another good time would be in the afternoon when the keeper feeds her mother, as Moo Deng follows her around.
Persons: Deng, she’s, ” Narongwit Chodchoy, Moo Deng, Narongwit, Moo, , , Aom, Napatsawan Balee, “ Haha, Jona, Tony Organizations: Bangkok CNN —, CNN, Facebook Locations: Bangkok, Thai, West Africa, Liberia, Sierra Leone, Guinea, Ivory Coast, Jona
In Japan, for example, most people are actually quite satisfied with housing costs. In recent years, rising rents and home prices driven by a severe housing shortage — coupled with elevated mortgage rates — have caused Americans' housing costs to soar to near-record levels of unaffordability. Some experts have pointed to Japan, where housing costs are lower than peer countries, as a potential model for solutions the US could adopt. While Japan's abundance of housing isn't entirely a positive story, when it comes to Tokyo, housing experts say there are many lessons the US could learn from its ally. AdvertisementWhile a population slowdown could help moderate housing costs, some experts believe a substantial population decline would have big economic consequences in the long run.
Persons: , aren't Organizations: Service, Business, Housing, Gallup Locations: Japan, Israel, Turkey, Slovenia, Portugal, United States, Tokyo
AdvertisementBut Americans are not a monolith, as Jefferies consumer strategist Carey Kaufman pointed out in a note to clients Tuesday. Heading into the autumn, a considerable number of those in the bottom quintile appear to be running on borrowed time. Dollar Tree, which owns Family Dollar, reported similar consumer headwinds during its quarterly earnings this month. "What we noticed was an even tighter core consumer at the very last week of each of the months in Q2," he said. "While that's always a tighter week of the month for our core consumer, it was by far the weakest."
Persons: , Carey Kaufman, Ted Vasos, Vasos, David Bellinger, Ryan Grimsland, Will Stengel, Ally, Russell Hutchinson, paychecks aren't, that's, Bellinger Organizations: Service, Walmart, Costco, Business, Jefferies, Goldman, Global Retailing, Mizuho, Reuters, Federal Reserve Locations: U.S
Because of her disability, Rachel doesn’t work. The SNT is in place to pay for unmet needs and enhance his quality of life after his parents die. Unlike SNTs, ABLE accounts can be owned and accessed directly by the person with the disability. However, like first-party SNTs, ABLE accounts may be subject to Medicaid payback after the individual with a disability dies. Like her mother, Rachel Tung has a love for San Francisco, its arts and its culture.
Persons: Linda Tung, Rachel, Tung, Tung’s, Rachel doesn’t, we’re, ” Tung, , David Goldfarb, ” Goldfarb, they’re, , Stephen Dale, Amin Muhammad Amy Tessler, Scott, ” Tessler, Tessler, ” Dale, You’re, Goldfarb, ” Hall, Dale, Sabrina Padillo, , Padillo, she’s, ” Padillo, fiduciaries, “ We’re, Tesslers, Scott ., SNTs, “ I’ve, Alisa Ferguson, Virginia’s, haven’t, ” Ferguson, Rachel’s, Rachel Tung, “ She’s, Amin Muhammad Mother, “ I’m, ” Rachel, … Everything’s, Hannah Frances Johansson, Amin Muhammad Organizations: Berkeley , California CNN, Population, Mercy, Hall Law Firm, Lawyers, Dale Law, Children, Housing, The Dale Law Firm, Services, San, Rehabilitation Care, Golden State, Trust, Alliance, Legion, de, Academy of Sciences, University of California, Graduate School of Journalism Locations: Berkeley , California, San, Golden, , San Francisco, Dale, Pacheco , California, Sunflower, California’s East Bay, Oakland, Sunflower Hill, San Diego, Thailand, Berkeley, Santa Cruz, de Young, Castro
CNN —It started with a melting glacier that set off a huge landslide, which triggered a 650-foot high mega-tsunami in Greenland last September. And no place was immune; the signal traveled from Greenland to Antarctica in about an hour, he added. Eastern Greenland had never experienced a landslide and tsunami like this before, Svennevig said. The threat goes beyond Greenland, Svennevig said; similar-shaped fjordsexist in other regions, including Alaska, parts of Canada and Norway. Recent rock avalanches in the Arctic as well as in Alpine regions, are “an alarming signal,” she told CNN.
Persons: Stephen Hicks, , Seismologists, Søren Rysgaard, Svennevig, Dickson, sloshing, , Hicks, Paula Snook, ” There’s, Lena Rubensdotter Organizations: CNN, University College London, Western Norway University of Applied Sciences, Geological Survey Locations: Greenland, Denmark, Dickson, Dickson Fjord, Antarctica, Eastern Greenland, Alaska, Canada, Norway
Minder said some companies face going out of business if they don't pay the ransom. He said organizations might also pay when cybercriminals take sensitive or proprietary information, such as personally identifiable information, and threaten to release it. Both paying and not paying can be riskyLance said that whether to pay ransom is ultimately up to individual companies. The FBI warns against paying ransom to attackers, as there's no guarantee you'll get your data back. Seeking help is crucialLance said that if you encounter ransomware, "don't try to go at it alone without any experience."
Persons: , Mark Lance, Kurtis Minder, Minder, Lance Organizations: FBI, Service, Google, MGM, Boeing, CDK Global, Caesars, GuidePoint, ransomware, IBM, US Securities and Exchange, cybercriminals Locations: Florida, North Carolina
While FICO has deprioritized medical debt in credit score calculations, VantageScore removed medical debt from its calculations. The CFPB announced rulemaking to address the reporting of medical bills on credit reports that would require the credit bureaus to stop reporting medical bills entirely. How medical bills can affect your creditIn the past, credit bureaus would report medical debt the same as any other overdue bills, and could cause your credit score to drop. Protecting your credit from medical billsWhile unpaid medical debt doesn't have the same impact on your credit score as an unpaid credit card bill, it can impact your credit nonetheless. Consider medical credit cards or loansInstead of a traditional credit card, consider a medical credit card or loan.
Persons: FICO, rulemaking, doesn't, , Experian, VantageScore, Biden, Tiffany Cross, Rick Eicheldinger, You'll, Cross Organizations: Consumer Financial Protection Bureau, CFPB Locations: United States, U.S
CNN —A problematic airline passenger has been hit with an unusual form of punishment – he has to pay back the airline for the cost of fuel. According to the Australian Federal Police, a then-32-year-old man from Western Australia was disruptive on a flight headed from Perth to Sydney. Now, the passenger has been ordered to pay $8,630 AUD ($5,806 USD) back to the airline to cover the cost of the wasted fuel. While charging a disruptive traveler for the cost of fuel is not a typical penalty, other kinds of fines are more common. The single highest individual penalty, $40,823, was issued to a traveler who brought their own alcohol on board, was intoxicated, attempted to smoke marijuana in the lavatory, and sexually assaulted a flight attendant – all in a single flight.
Persons: ” Shona Davis, , Organizations: CNN, Australian Federal Police, US Federal Aviation Administration, Department of Justice Locations: Western Australia, Perth, Sydney, United States
Read previewLottie Moss, 26, is speaking out about the dangers of taking Ozempic. During an episode of her "Dream On" podcast, the model — who is Kate Moss' half-sister — said she ended up in a hospital after taking the drug. Moss said she went to the hospital after a particularly bad day when she couldn't keep any liquids or food down. Reflecting on her use of Ozempic, Moss called it "the worst decision I ever made." AdvertisementLast year in Austria, several people were brought to the hospital with life-threatening seizures after taking counterfeit versions of the drug.
Persons: , Lottie Moss, Kate Moss, I'm, Moss, didn't, Eric Kastango, Ozempic, semaglutide Organizations: Service, Business, Novo Nordisk, FDA, Austrian Federal Office, Safety, Health Care Locations: Austria
While rage bait can be found across social media, its prominence on Threads is because of how the app promotes content. AdvertisementWith that in mind, there's often something in your behavior on social media that's leading the apps to send those posts your way. In the grand scheme of things, rage bait is not the worst thing on social media by a long shot . YouTube star MrBeast mastered social media algorithms to build a huge audience in no time. Here's what business students said , and here's what tech students said .
Persons: , Rebecca Zisser, Katie Notopoulos, Katie, it's, it'll, Samantha Lee, Goldman Sachs, David Solomon isn't, Solomon, Warren Buffett's, Kanu Gulati, she'd, Jensen Huang doesn't, Huang, Alberto E, Rodriguez, MrBeast, Jonah Peretti, Dan DeFrancesco, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Service, Business, Twitter, JPMorgan, Bank of America, Occidental Petroleum, Khosla Ventures, Kanu Gulati Khosla Ventures, Nvidia, Warner Bros, HBO, Charter Locations: Taiwan, China, New York, London
Read previewTax evasion, insider trading, and money laundering. "There are routine categories of illicit acts that wealthy individuals often endeavor out of sheer greed," Matthew Barhoma, a Los Angeles defense attorney, told Business Insider. Insider trading is 'rampant' among some wealthy circlesAnother common unlawful method that some of the rich use to get richer is insider trading, according to the attorneys. Like insider trading, money laundering — a process used to conceal the source of illegally obtained cash — is another illicit tactic used by some wealthy individuals, according to the defense attorneys. "Having dealt a lot with people who devise these kinds of fraudulent financial transactions, I will say that many of them are absolutely brilliant," said Ressler.
Persons: , Todd, Julie Chrisley, Chrisley, Mike, Matthew Barhoma, Barhoma, Tama Kudman, they've, Mark Ressler, he's, Uncle Sam, Kasowitz Benson Torres, it's, Kudman, Ressler Organizations: Service, Business, United States Treasury Department, Treasury Department, Defense, New Locations: , Los Angeles, Switzerland, Cayman, New York City
Read previewA family dog, tennis, and Disney Shanghai's LinaBell character have one thing in common — they might end up pulling China out of a long slump in consumer demand. Those rapidly growing areas are poised to drive a rebound in China's anemic consumer spending, Bank of America analysts say. China's pet economy is seeing outsize spending as pets come to occupy a greater place of prominence in households. Finally, the analysts see significant growth potential in the country's "cultural IP" economy — spending on books, movies, and experiences based on fictional characters or storylines. China's economy has been stuck in the doldrums amid weak consumer spending.
Persons: , that's Organizations: Service, Disney, Bank of America, Business, Consumers Locations: China
It's also common to draw parallels between the dot-com bubble and today's hype, leading investors to wonder if there's an AI bubble that's about to pop, too. Goldman Sachs' big AI headline of the month is "To buy, or not to buy, that is the question." The note from September 5, led by Peter Oppenheimer, suggests the answer is "to buy" but also to diversify. And the third is the application providers, which are the companies creating services for end users to harness AI. It comes from machine learning or big data workloads that various companies and governments use, Belton noted.
Persons: , Goldman Sachs, Peter Oppenheimer, John Belton, doesn't, Brian Colello, Nancy Tengler, that's, it's, Tengler, Wall, Larry Ellison, Colello, Belton Organizations: Service, Business, Gabelli Funds, Morningstar Equity Research, Investments, Nvidia, Companies, Microsoft, Intel, Oracle, IBM, Broadcom, AMD, Cadence Design Systems, Google, AWS, Eaton Corporation Locations: GenAI, Belton
Read previewTwo major players — Tesla and Waymo — are battling for dominance in the driverless tech sector. "I think that Tesla has a software problem, and I think Waymo has a hardware problem, is the way I put it — and I think software problems are much easier." AdvertisementHe viewed Tesla as a "pioneer" in using machine learning for its autonomous driving software. But he also argued that Tesla's autonomous hardware hasn't solved the driverless equation. Waymo, on the other hand, produces an autonomous driving system capable of eliminating a human driver.
Persons: , — Tesla, Waymo, Tesla, Andrej Karpathy, I'm, Karpathy, it's, Dan O'Dowd, Elon, Musk's, Kevin Chen, Chen, they're, you've Organizations: Service, Business, EV, The, Elon Musk's Locations: San Francisco , Los Angeles, Phoenix, Austin, who's, San Francisco
SINGAPORE — Pope Francis on Thursday urged political leaders in Singapore, a leading global financial hub, to seek fair wages for the country’s million-plus lower-paid foreign workers. “These workers contribute a great deal to society and should be guaranteed a fair wage,” he said. Many of the migrant workers come from nearby countries such as Malaysia, China, Bangladesh and India. A Singapore NGO that provides services for migrant workers, Humanitarian Organisation for Migration Economics, welcomed the pope’s remarks, saying they were in “full agreement” with his call for fair wages. The Vatican said Francis’ Mass drew some 50,000 people to Singapore’s national sports stadium.
Persons: Pope Francis, , Francis, Francis ’, Tharman Shanmugaratnam, Lawrence Wong, Tiziana Fabi, Getty Images Francis, Singapore’s, John Paul II, Singapore, ” Francis, Taylor Swift, Connie Rodriguez, , Cardinal Stephen Chow Sau Organizations: Singapore NGO, Organisation, Migration Economics, Tiziana, Getty Images, Getty, Catholic Locations: SINGAPORE, Singapore, Southeast Asia, Oceania, Malaysia, China, Bangladesh, India, Philippines, Papua New Guinea, AFP, Hong Kong, Indonesia, East Timor, Rome
CNN —Four years ago, North Carolina voters handed Democrats one of the party’s toughest losses and one of its most consequential wins. The race to succeed the term-limited Cooper, however, seems to be leaning toward the Democratic nominee, North Carolina Attorney General Josh Stein. But North Carolina is still a purple state with a history of elections decided by razor-thin margins. Mike Stewart/APA ticket-splitting stateHistorically, North Carolina voters have favored ticket-splitting. “There’s no connection between the gubernatorial ticket and presidential ticket,” said North Carolina Republican strategist Paul Shumaker.
Persons: Donald Trump, Joe Biden, Roy Cooper, Kamala Harris, Harris, Cooper, Josh Stein, Stein, Mark Robinson’s, Sen, Thom Tillis, Pat McCrory, Robinson, , ” Jonathan Felts, , ” Felts, Mike Stewart, Jimmy Carter, Barack Obama, McCrory, HB2, Trump, Hillary Clinton, Paul Shumaker, “ There’s, don’t, He’s, Mark Robinson, ” Robinson, Mike Lonergan, ” Stein, Morgan Hopkins, “ Martin Luther King, It’s, ” Trump, Susan Myers, ” Myers, “ Mark’s, Grant Baldwin, Anderson Clayton, “ He’s, Adam Stein –, Deloris Rhodes, she’s, ” Rhodes, Heather Horak, , Obama, Robert F, Kennedy Jr, Horak, wasn’t, he’s, ” CNN’s David Wright Organizations: CNN, North, Democratic Gov, Republican, Trump, Democratic, GOP, Democrats, Democrat, North Carolina Republican Council of State, Labor, Republicans, ” North Carolina, AP, North Carolina Republican, Quinnipiac, Fox, America, Democratic Governors Association, Republican Governors Association, , , Getty, Dartmouth, Harvard University, Ivy League, Army Reserves, University of North, Greensboro City, Facebook, Wilmington Business, State Board of Education, Wilmington Locations: North Carolina, Charlotte, Greensboro, , Raleigh, McCrory’s, Asheville, Pink Hill , North Carolina, Charlotte , North Carolina, Chapel Hill, Carolina, University of North Carolina, Parkland , Florida, Wilmington
You spot an entrepreneur who built a massive audience on social media by posting attention-grabbing content after studying algorithms and trends. Sounds like YouTube's top creator MrBeast (Jimmy Donaldson), right? It also sounds a bit like BuzzFeed cofounder Jonah Peretti, says Sam Lessin, general partner at the VC firm Slow Ventures. Both built large followings on social media by posting viral, general-interest content, Lessin said. "BuzzFeed was wrong to believe that you could growth hack your way to a valuable audience, and that audience, if it was really big, would be really valuable," Lessin said.
Persons: , They've, MrBeast, Jimmy Donaldson, Jonah Peretti, Sam Lessin, Lessin, BuzzFeed, it's, It's, He's, Rex Woodbury, they're Organizations: Service, VC, Slow Ventures, Business, YouTube, Facebook
They comprise what's called a "Blue Zone," an area of the world where people tend to live exceptionally long lives. Longevity researcher Dr. Giovanni Mario Pes and his colleagues discovered that happy, productive centenarians were not outliers in this part of Sardinia. Here are some practices that may be linked to their exceptional longevity — and may help the rest of us live longer, healthier lives. Sardinians 'eat fresh, home-cooked meals'You won't find most elders in this Blue Zone chomping on a fast-food hamburger with one hand on a steering wheel. There are no additives or preservatives when they make their own pasta or bread, like pistoccu bread or su coccoi sourdough bread.
Persons: I've, Giovanni Mario Pes Organizations: Pes, Research Locations: Sardinia, Seulo
As a teacher of 14 years, I just can't believe school shootings have become so normalized. AdvertisementI remember running drills for both shelters and lockdowns, but the children and I didn't feel scared when doing them. Threats feel much more real nowAfter three years of teaching at that school, I spent years teaching in Chicago and New York City. Related storiesWe've heard about shootings consistently enough to make them feel like it could actually happen in our school. If nothing is going to change, drills are our only option as teachers to keep ourselves and our students safe.
Persons: , crouch, we'll, we're, they're, Maresco, they'll, I'd, I'm, I've, hasn't Organizations: Service, Business Locations: Montgomery County , Maryland, You'd, Chicago, New York City, Montgomery County
Hong Kong CNN —Hyundai and General Motors (GM) have agreed to look for ways to work together on developing new vehicles, supply chains and technologies in an effort to cut costs and move more quickly. Global carmakers are under intense pressure to come up with new electric vehicle (EV) and battery technology because they face vehicle emissions regulations around the world. South Korea’s Hyundai and America’s GM (GM) said on Thursday they would collaborate on joint product development, manufacturing and future clean energy technologies. The non-binding framework agreement was signed by Hyundai Motor Executive Chair Euisun Chung and GM Chair and CEO Mary Barra. Including its affiliate Kia, Hyundai Motor is the world’s third-largest automaker by sales, according to Reuters, while GM is currently America’s largest carmaker, having retaken that title from Toyota in 2022.
Persons: Hong Kong CNN —, They’re, Euisun Chung, Mary Barra, , ” Barra, ” Chung, Cruise Organizations: Hong Kong CNN, Hong Kong CNN — Hyundai, General Motors, Global, EV, Korea’s Hyundai, America’s GM, Hyundai Motor, Kia, Hyundai, Reuters, GM, Toyota, Nissan, Renault, Honda, Locations: Hong Kong, Japan
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