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☆ GOP congressman who voted twice against veterans health bill is now urging his constituents to enroll in its benefits
▼ + stars: | 2023-08-09 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

Rep. David Schweikert voted twice last year against a bill to provide health benefits to veterans. But now, he's urging his constituents to sign up to receive benefits from the program. Now, the Arizona Republican is urging his constituents to sign up for the benefits created by that same legislation. In both instances, Schweikert was among the Republicans who voted against the bill. It's the latest example of Republican lawmakers touting programs created by legislation that they voted against.

Persons: David Schweikert, he's, Schweikert, Joe Biden —, —, Biden, Sen, Tommy Tuberville, Tuberville Organizations: Service, Arizona Republican, Arizona, Twitter, Facebook, —, Department of Veterans Affairs, Infrastructure Law Locations: Wall, Silicon, Arizona, Schweikert's Scottsdale, Alabama

☆ EV maker Lucid slashes prices of Air sedan as part of offer amid heating competition
▼ + stars: | 2023-08-05 | by ( Abhirup Roy | ) www.reuters.com time to read: +2 min

[1/2] A Lucid Air electric vehicle is displayed in Scottsdale, Arizona, U.S., September 27, 2021. REUTERS/Hyunjoo Jin/File PhotoSAN FRANCISCO, Aug 5 (Reuters) - Electric vehicle maker Lucid (LCID.O) cut prices of its Air luxury sedans by as much as $12,400 as part of an offer, it said on Saturday, amid rising competition in the U.S. EV industry and a price war sparked by Tesla (TSLA.O). A spokesperson for Lucid said the company was unable to provide details on how much stock will be part of this offer. But rising interest rates to curb inflation and fears of recession have dampened consumer demand, prompting market leader Tesla to slash prices this year. Newark, California-based Lucid is expected to show deepening losses in its second-quarter earnings on Monday after reporting a fall in April-June production due to supply-chain problems.

Persons: Hyunjoo Jin, Tesla, Lucid, Abhirup Roy, Jonathan Oatis Organizations: REUTERS, FRANCISCO, U.S, EV, Plaid, Saudi Arabia's Public Investment Fund, Thomson Locations: Scottsdale , Arizona, U.S, Newark , California, San Francisco

☆ Extreme heat cuts into US small business, worker hours in July, report shows
▼ + stars: | 2023-08-01 | by ( Safiyah Riddle | ) www.reuters.com time to read: +3 min

REUTERS/Carlos BarriaAug 1 (Reuters) - Record-breaking heat waves across the U.S. forced small businesses to close early in July, according to a report released on Tuesday, and reduced paid working hours for employees as dangerous temperatures reshape consumer behavior. Hundreds of millions Americans dealt with extreme heat advisories in the past two weeks, as temperatures across the South and Southwest hit historic highs. These hazardous conditions have kept consumers inside and forced small businesses to close early - cutting into paid hours for employees - according to a report by the small business payroll company Homebase. Nationally, small business employees worked 0.9% fewer hours in the first two weeks of July compared with the last two weeks of June - a standard seasonal change that is typical of summer months - the report said. Small business employees in New Orleans and Memphis, for example, were on the clock 5.7% and 5.1% less, respectively, than they were in June as business owners shorten hours to adjust for fewer customers and try to protect employees from too much heat exposure.

Persons: Carlos Barria, slowdowns, John Waldmann, Danah Lee, Lee, I've, Travis Parsons, Parsons, It's, Safiyah Riddle, Dan Burns Organizations: REUTERS, Southwest, Homebase, Memphis, Boston, Taco Joint, Weather Service, International Union of, Thomson Locations: Scottsdale, Phoenix, Arizona, U.S, New Orleans, Memphis, International Union of North America, Canada

☆ A 70-year-old Phoenix real-estate agent explains why she converted her 4 Airbnbs into long-term, furnished rentals. 'It's the most overheated market I've ever seen.'
▼ + stars: | 2023-07-27 | by ( Dan Latu | ) www.businessinsider.com time to read: +5 min

Real-estate agent Peggy Gascon flipped all of her four Phoenix-area Airbnbs into long-term rentals. She appreciates the "peace of mind" and stability as the short-term market shifts. Gascon is just one host dealing with the shifting tides of the short-term rental market. Courtesy of Peggy GasconAll four of her short-term rentals are now rented out long-term, having converted the last one in May. The market wasn't providing enough income to make the added expense of maintaining the short-term rentals worth it.

Persons: Peggy Gascon, it's, I've, They're, Gascon, Airbnbs, I'm Organizations: Service, Travelers Locations: Phoenix, Wall, Silicon, Scottsdale

☆ Philadelphia is starting to crack down on unlicensed Airbnbs and Vrbos, which is bad news for 85% of units in the city
▼ + stars: | 2023-07-19 | by ( Dan Latu | ) www.businessinsider.com time to read: +4 min

The city estimates nearly 1,700 short-term rentals are at risk of being removed from the platforms. By the city's own estimate, the crackdown could shut down 85% of all short-term rentals in the city — or nearly 1,700 units. Scottsdale Councilmember Solange Whitehead told Insider that issues over short-term rentals had reached a boiling point. In Bozeman, Montana, where short-term rentals nearly doubled during the pandemic, some locals have called for a permanent ban. Host Michael Rutkowksi told Insider that the town should start with enforcing the licensing requirements already on the books.

Persons: Jim Kenney, that's, Mark Squilla, WHYY, Airbnb, We've, Solange Whitehead, Michael Rutkowksi Organizations: Philadelphia, Service, city's Department, Licenses, City, Scottsdale Locations: Philadelphia, Wall, Silicon, Phoenix, Scottsdale , Arizona, Bozeman , Montana

☆ Arizona continues to allow a company to pump enough water to support a city of 50,000 to grow crops for Saudi Arabia's cows while some state residents have had their water supply cut off
▼ + stars: | 2023-07-17 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +3 min

Arizona has taken steps to lower residents' water consumption as it combats a long-term drought. Meanwhile, the spigot flows freely for the Saudi-owned company, Fondomonte, WaPo reported. For years, that information was unavailable to Arizona due to little state oversight and regulations, the Post reported. Meanwhile, state and city officials throughout Arizona have taken steps to cut back residents' water usage. In January, Scottsdale also cut off the water supply for about a thousand Rio Verde residents, citing extreme drought conditions.

Persons: WaPo, Jordan Rose, Fondomonte, Katie Hobbs, Hobbs Organizations: Saudi, Service, Washington Post, Arizona PBS, Post, Scottsdale City, Gov Locations: Arizona, Wall, Silicon, Saudi, Fondomonte, Butler Valley, Phoenix, Scottsdale, Rio Verde

☆ Scottsdale, Arizona is the No. 1 city for renters based on quality of life—see the full list
▼ + stars: | 2023-07-12 | by ( Celia Fernandez | ) www.cnbc.com time to read: +1 min

WalletHub compared key quality-of-life measures in more than 180 rental markets across the United States. To rank the best states for renters based on quality of life, the report considered the following factors:Whether you're buying a home or renting, one major factor to consider in your search for the right state, city or neighborhood you move to is the quality of life you will have when you get there. Scottsdale, Arizona, topped the list of the best places for renters based on quality of life. Over the past two decades, it has been one of the fastest-growing cities in the U.S. and according to Henley and Partner's 2023 wealth report, it is also one of the fastest-growing cities for millionaires. From 2012 to 2022, Scottsdale saw an 88% millionaire growth rate and is home to 13,900 millionaires, 60 centi-millionaires, and five billionaires.

Locations: United States, Scottsdale , Arizona, McDowell, U.S, Henley, Scottsdale

☆ I run a 'Barbie-ish' Airbnb in Arizona that caters to bachelorette parties — and my girly decor keeps it booked despite a challenging market.
▼ + stars: | 2023-07-04 | by ( Jamie Killin | ) www.businessinsider.com time to read: +6 min

Bre Fleschner hosts bachelorette party groups in her "Barbie-ish" Airbnb in Tempe, Arizona. The desert dream house includes a heated pool in the backyard. It's since turned into my desert dream house. A lot of people are now doing what I'm doing, so I want to find ways to stay on top. bachelorette desert dream house couch Courtesy of Bre FleschnerHowever, the Airbnb landscape is changingThis time last year I had approximately twice as many bookings as I do this year.

Persons: Bre, —, Bre Fleschner, It's, I've, Fleschner, they'd, Louis, It's Barbie, haven't, I'm, What's, hasn't Organizations: Service, HGTV Locations: Tempe , Arizona, Nashville, Orlando, Miami, Arizona, St, Scottsdale, Tempe, Phoenix, Palm Springs, Florida

☆ Full-time Airbnb hosts who work between 2 and 15 hours a week on their portfolios share 5 tools that help them improve efficiency and free up more time
▼ + stars: | 2023-07-02 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +8 min

Full-time Airbnb hosts Kent He and Nathan Turner are efficient with their time. He spends 2-3 hours a week managing his properties, while Turner spends no more than 15 hours. "We probably only work 10 to 15 hours a week," said Nathan, who used to deliver for FedEx. The Turners and He shared five tools they use that help them work efficiently on their Airbnb businesses and free up more time. You may have the most unique Airbnb property, but if you don't properly market it, guests might never see.

Persons: Nathan Turner, Turner, Rankbreeze, doesn't, Nathan, Taniera Turner, Taniera, —, Monday.com Turner, Airbnb, I'm, It's, they'll Organizations: Kent, FedEx, Marriott, Google Locations: San Diego, Scottsdale , Arizona, Houston, Scottsdale, PriceLabs

☆ ‘His Ability to Do Pretty Much Everything Is Crazy’
▼ + stars: | 2023-06-28 | by ( Tyler Kepner | ) www.nytimes.com time to read: +1 min

In March, Carroll, the centerpiece of the upstart Arizona Diamondbacks, agreed to an eight-year, $111 million contract, with a ninth-year team option. Carroll was terrible the first day, Gardner said, but took about 200 bunts the next day and improved. Carroll finished the 2022 season in the majors, after smashing 24 homers with a .611 slugging percentage in the minors. Over the winter, when he visited the Diamondbacks’ training complex in Scottsdale, Ariz., he asked Gardner if he could bunt some more. They worked together for five or six sessions, hundreds and hundreds of attempts.

Persons: Corbin Carroll, Carroll, Jeff Gardner, Gardner Organizations: Arizona Diamondbacks, Diamondbacks, Class AA Locations: Amarillo , Texas, Scottsdale, Ariz

[1/3] A Lucid Air electric vehicle is displayed in Scottsdale, Arizona, U.S., September 27, 2021. REUTERS/Hyunjoo Jin/File PhotoJune 26 (Reuters) - British luxury carmaker Aston Martin (AML.L) has reached a deal that will give U.S. electric vehicle (EV) maker Lucid Group (LCID.O) a 3.7% stake in the company in return for access to its "high performance" technology, Aston Martin said on Monday. Subject to shareholder approval, Aston Martin will issue about 28.4 million new ordinary shares to Lucid Group. Smaller carmakers such as Aston Martin are more reliant on partnerships to make the transition. Lucid and Aston Martin have a common shareholder in Saudi Arabia's Public Investment Fund (PIF).

Persons: Hyunjoo Jin, Aston Martin, Lucid, Aston Martin's, PIF, Aby Jose Koilparambil, Rashmi Aich, Barbara Lewis Organizations: REUTERS, Lucid, Mercedes, Benz, Aston, Public Investment Fund, U.S, Tesla Inc, Thomson Locations: Scottsdale , Arizona, U.S, Aston Martin, Saudi, Bengaluru

☆ A 34-year-old created 2 bachelorette-themed Airbnbs that have brought in a combined $243,000 this year. Take a look inside the successful listings that he spent months and hundreds of thousands of dol
▼ + stars: | 2023-06-12 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +5 min

Kent He bought his first investment property in 2021 and turned it into a bachelorette-themed Airbnb. He and his wife bought their first investment property in August 2021 and spent three months converting it into a bachelorette-themed Airbnb. He owns three investment properties, two of which are bachelorette-themed Airbnb properties in Scottsdale. The bachelorette-themed Airbnb includes a beauty bar. Courtesy of Kent HeWhen Airbnb users have so many options to choose from, you want your property to stand out.

Persons: Kent, Scottsdale , Arizona —, PriceLabs, He, Kent He, — Locations: Scottsdale , Arizona, Scottsdale, niching

☆ I've traveled 18,000 miles in an electric car. Here are the 4 things that surprised me about long-distance EV road trips.
▼ + stars: | 2023-06-12 | by ( Gia Mora | ) www.businessinsider.com time to read: +7 min

She and her partner have traveled 18,000 miles in the electric car on multiple road trips. Here are four things people should know if they're planning to travel long distances in an EV. We arrange to fill up at an Electrify America station every 150 miles or so. More remote charging stations can be adventures in themselvesPlenty of charging stations look exactly as you'd expect, but when we ventured outside of major metropolitan areas, we discovered some unique stops. Green River, Utah, is home to 847 people, one Tesla Supercharger, and four Electrify America stations located beside the tiny, quirky Green River Coffee Company.

Persons: Gia Mora, Morris, it's, I'm, We've, we've, Lucky Buck Organizations: Hyundai, Walmart, Morning, Apple, Walmart Walmart, Sam's, Coffee, Yosemite National Locations: Los Angeles, Colorado, Scottsdale , Arizona, LA, San Diego, Nevada , Utah, New Mexico, America, Walmart's, Plenty, Green River , Utah, Yosemite

☆ Why the 34-year-old CEO of P.F. Chang's likes to wake up at 4:30 a.m. daily to work out
▼ + stars: | 2023-06-11 | by ( Hayley Peterson | ) www.businessinsider.com time to read: +3 min

He says early morning runs help him stay mentally sharp and give him a "conquest" to start the day. Chang's says early morning runs help him stay sharp at work and build mental discipline. "I like the routine precisely because it's hard," Adamolekun told MarketWatch. After his runs, Adamolekun gets some work done in his home office, as he's previously told Insider. Adamolekun told MarketWatch his youth may help him connect with younger consumers.

Persons: —, Chang's, Damola Adamolekun, Fortune, Adamolekun, he's, Paulson, it's Organizations: Service, Co, TriArtisan Capital Advisors Locations: Chang's, Scottsdale , Arizona

☆ 51 US cities expected to see the highest home price increases and 5 at risk of falling in the next 12 months — plus where mortgage rates could be by year-end — according to a housing economist
▼ + stars: | 2023-06-11 | by ( Laila Maidan | ) www.businessinsider.com time to read: +7 min

Areas that saw price declines during the pandemic are expected to make a comeback. Metropolitan areas including Anaheim, Seattle, and Sacramento top the list. In April, prices for single-family homes rose by 2% year-over-year and 1.2% from the previous month, according to CoreLogic's Home Price Index. Below is a list of 51 metropolitan areas expected to see the most home prices increase in the next 12 months, beginning from the highest to the lowest. The CoreLogic HPIFinally, while mortgage rates can be difficult to predict, Hepp believes we have likely peaked for the year.

Persons: Selma, it's, Selma Hepp, Hepp, Louis Organizations: CoreLogic, Irvine CA Metropolitan, Everett WA Metropolitan Division, Arcade, Statistical, Oakland, Berkeley CA Metropolitan, Metropolitan Statistical, Riverside, Jacksonville FL, Vegas, Paradise, Clearwater FL, Newark, Sanford FL, Angeles, Glendale CA Metropolitan, Palm Beach, Boca Raton, Delray Beach FL, Cambridge, Suffolk County NY Metropolitan, Towson, Metropolitan, Fort Lauderdale, Boston, Scottsdale, Scottsdale AZ Metropolitan Statistical, Miami, Kendall FL Metropolitan, Alexandria DC, Bloomington, Franklin TN Metropolitan, Virginia, Newport News, Livonia MI, Gastonia NC, SC Metropolitan, West Allis WI Metropolitan, Philadelphia PA Metropolitan, Kansas City, KS Metropolitan, Providence, Richmond VA Metropolitan, Cincinnati, Pittsburgh PA, Oklahoma City, Cleveland, Elyria, NJ, Columbus OH, Houston, Indianapolis, Arlington TX Metropolitan, Dallas, Irving TX Metropolitan Locations: Selma Hepp, Anaheim, Seattle, Sacramento, West Coast, Metropolitan, Santa Ana, Irvine, Bellevue, Roseville, Hayward, Berkeley, Portland, Vancouver, Hillsboro, San Bernardino, Ontario, Diego, Carlsbad CA, Denver, Aurora, Lakewood, Henderson, Tampa, St, Petersburg, Clearwater, Newark NJ, Orlando, Kissimmee, Sanford, Long, Glendale CA, Palm, Delray Beach, Newton, Framingham, Nassau County, Suffolk, Baltimore, Columbia, Pompano Beach, Deerfield Beach FL, Mesa, Scottsdale AZ, Miami, Kendall, Montgomery County, Bucks County, Chester County, Washington, Arlington, Alexandria, Sandy Springs, Roswell, Minneapolis, Paul, WI, Murfreesboro, Virginia Beach, Norfolk, Detroit, Dearborn, Livonia, Charlotte, Concord, Gastonia, Milwaukee, Waukesha, Warwick, Chicago, Naperville, Arlington Heights IL, Troy, Farmington Hills MI, Antonio, New Braunfels TX, York, Jersey, White Plains, Carmel, Worth, Plano

☆ A 34-year-old financially independent real-estate investor who used a home equity loan to afford his first Airbnb property explains how any homeowner can use this strategy to buy investment properties
▼ + stars: | 2023-06-11 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +5 min

A home equity loan lets you access the equity you've built up in your home. When Kent He and his wife bought their primary residence in 2019, they looked at it as a long-term investment. How home equity loans workA home equity loan lets you access the equity you've built up in your home. That means you have $150,000 of "equity" — and you may be able to borrow against some of that with a home equity loan. Don't confuse a home equity loan with a home equity line of credit (HELOC).

Persons: Kent He, Kent, they'd Locations: Boston, San Diego, Scottsdale , Arizona, Virginia

☆ 51 US cities expected to see the highest home-price increases and 5 at risk of falling in the next 12 months — plus where mortgage rates could be by year-end — according to a housing economist
▼ + stars: | 2023-06-11 | by ( Laila Maidan | ) www.businessinsider.com time to read: +7 min

The economist Selma Hepp says home prices in some areas are rising because of limited inventory. The US housing market started off on a solid footing this year as home prices rose. In April, prices for single-family homes rose by 2% year-over-year and 1.2% from the previous month, according to CoreLogic's Home Price Index. Below is a list of 51 metropolitan areas expected to see the most home-price increases in the next 12 months, from the highest to the lowest. The CoreLogic HPIFinally, while mortgage rates can be difficult to predict, Hepp said that we had likely peaked for the year.

Persons: Selma Hepp, it's, Hepp, CoreLogic's, Louis, CoreLogic Organizations: Irvine CA Metropolitan, Everett WA Metropolitan Division, Arcade, Statistical, Oakland, Berkeley CA Metropolitan, Metropolitan Statistical, Riverside, Jacksonville FL, Vegas, Paradise, Clearwater FL, Newark, Sanford FL, Angeles, Glendale CA Metropolitan, Palm Beach, Boca Raton, Delray Beach FL, Cambridge, Suffolk County NY Metropolitan, Towson, Metropolitan, Fort Lauderdale, Boston, Scottsdale, Scottsdale AZ Metropolitan Statistical, Miami, Kendall FL Metropolitan, Alexandria DC, Bloomington, Franklin TN Metropolitan, Virginia, Newport News, Livonia MI, Gastonia NC, SC Metropolitan, West Allis WI Metropolitan, Philadelphia PA Metropolitan, Kansas City, KS Metropolitan, Providence, Richmond VA Metropolitan, Cincinnati, Pittsburgh PA, Oklahoma City, Cleveland, Elyria, NJ, Columbus OH, Houston, Indianapolis, Arlington TX Metropolitan, Dallas, Irving TX Metropolitan Locations: Anaheim , California, Seattle, Sacramento , California, West Coast, Metropolitan, Anaheim, Santa Ana, Irvine, Bellevue, Sacramento, Roseville, Hayward, Berkeley, Portland, Vancouver, Hillsboro, San Bernardino, Ontario, Diego, Carlsbad CA, Denver, Aurora, Lakewood, Henderson, Tampa, St, Petersburg, Clearwater, Newark NJ, Orlando, Kissimmee, Sanford, Long, Glendale CA, Palm, Delray Beach, Newton, Framingham, Nassau County, Suffolk, Baltimore, Columbia, Pompano Beach, Deerfield Beach FL, Mesa, Scottsdale AZ, Miami, Kendall, Montgomery County, Bucks County, Chester County, Washington, Arlington, Alexandria, Sandy Springs, Roswell, Minneapolis, Paul, WI, Murfreesboro, Virginia Beach, Norfolk, Detroit, Dearborn, Livonia, Charlotte, Concord, Gastonia, Milwaukee, Waukesha, Warwick, Chicago, Naperville, Arlington Heights IL, Troy, Farmington Hills MI, Antonio, New Braunfels TX, York, Jersey, White Plains, Carmel, Worth, Plano

☆ Reigning NCAA champion Rose Zhang becomes the 1st LPGA golfer to win tournament in pro debut since 1951
▼ + stars: | 2023-06-05 | by ( Homero De La Fuente | ) edition.cnn.com time to read: +3 min

But Sunday’s final round shaped up to be a roller coaster for the two-time NCAA women’s golf national champion. With a win in sight, Zhang missed a would-be victory clinching putt to send the tournament into a sudden death playoff with Kupcho. Rose Zhang at the first tee during the final round of the LPGA Mizuho Americas Open on Sunday. Following her maiden LPGA Tour victory, Woods congratulated Zhang on Twitter saying, “Incredible few weeks for Rose Zhang, defends her NCAA title and then wins in her Pro debut. Despite the busy school schedule, Zhang says fans can expect to see a lot more of her on the LPGA Tour.

Persons: Rose Zhang, Jennifer Kupcho, Zhang, Atthaya Thitikul, Aditi Ashok, Beverley Hanson, it’s, I’ve, ” Zhang, “, I’m, ”, Rich Graessle, Lorena Ochoa, Tiger Woods, Woods, what’s, I’ll Organizations: CNN, Mizuho, Liberty National Golf Club, Kupcho, Stanford, NCAA, LPGA, LPGA Mizuho, NCAA National, CS Locations: New Jersey, Cheyenne Knight, Arizona

☆ A 34-year-old real-estate investor explains his 'recession-proof' investing strategy that helped him achieve financial independence and quit his day job
▼ + stars: | 2023-06-04 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +4 min

By mid-2022, the cash flow from his two short-term rental units was enough to cover his family's expenses, allowing him to quit his day job. He is passionate about providing affordable housing, having seen first-hand how it can change a family's outcome. Long story short, she finally got her affordable housing unit and she was in tears." He expects his affordable housing unit, which he's currently renovating, to profit $200 a month minimum. "I think it's the perfect diversification strategy," said He, whose long-term goal is to acquire 1,000 affordable housing units.

Persons: Kent, PwC, there's Organizations: Bentley University, PricewaterhouseCoopers Locations: America, San Diego, Scottsdale , Arizona, Covid, Fairfield , Alabama, China, Boston, Chinatown

☆ A financially independent real-estate investor who financed his latest property with a 2.5% interest rate explains the financing strategy he prefers to score low rates in today's market
▼ + stars: | 2023-05-31 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +6 min

One investor recently locked in a 2.5% interest rate on his latest deal, thanks to seller financing. He is passionate about providing affordable housing, having seen first-hand how it can change a family's outcome. He said after moving to Boston from China with about $1,000 to their name, his parents raised him in an affordable housing unit. While He has a personal motivation for improving the affordable housing crisis, it can also make sense to invest in affordable housing to diversify your portfolio, he said: "I never like putting all my eggs in one basket. In today's market, that was only possible to lock in thanks to seller financing.

Persons: Kent, isn't, there's, we'll Locations: San Diego, Scottsdale , Arizona, Boston, China

☆ China's economy isn't rebounding as fast as anyone expected
▼ + stars: | 2023-05-31 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

While I personally won't be flying internationally anytime soon, we're diving into China's lethargic economy for today's newsletter. The much-anticipated economic rebound hasn't quite materialized for China in the way many had expected. The sluggish recovery has embedded itself in nearly every corner of the world's second-largest economy, even in some of the most obscure commodities markets. The CSI 300 index has slipped over recent weeks, and luxury brands reliant on China's large consumer base have tumbled. What's your outlook on China's economy for the rest of 2023?

Persons: I'm Phil Rosen, Jamie Dimon, Tesla, China Tuul, Bruno Morandi, Rockefeller International's Ruchir Sharma, Nicholas Lardy, Lardy, Filip De Mott, Tweet, Sheldon Cooper, Nordstrom, Goldman Sachs, there's, that's, Phil Rosen, Jason Ma, Nathan Rennolds Organizations: JPMorgan, Peterson Institute for International Economics, Getty, World Gold, Fed, Nvidia, Microsoft, Saudi Aramco Locations: Elon, China, Washington, Shanghai, Shenzhen, . Utah , Colorado, Scottsdale, Saudi, New York, Los Angeles, London

☆ I sold my pricier home in Arizona and bought a $70,000 house in Kansas for peace of mind in my twilight years
▼ + stars: | 2023-05-28 | by ( Dan Latu | ) www.businessinsider.com time to read: +5 min

There was a settlement outside of Scottsdale, Arizona, that's been in the news. My neighbors in Sun City, Arizona, were also aware of the situation but for whatever reason, they weren't as alarmed by it as I was. Junction City, Kansas. Kansas City Star/Getty ImagesThe realtor met me there, but it turned out to be in not very good condition. And that's that's the way it's been the whole time.

☆ A 34-year-old who achieved financial independence and quit his day job after setting up 2 bachelorette-themed Airbnbs in Scottsdale explains how he uses data to find 'outsized opportunities'
▼ + stars: | 2023-05-28 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +8 min

When Kent He decided to invest in short-term rentals, he started looking at data. To find a market to invest in, he looked at rental demand using AirDNA. It took about six months from the time he started looking at markets to when he closed on his first property. In this particular example, the rental demand score is 81. In 2021, when he first started looking at markets, "the demand was right around 66 to 68," he noted.

☆ The Joys of a Solo Bachelorette Trip
▼ + stars: | 2023-05-25 | by ( Stephanie Cain | ) www.nytimes.com time to read: +1 min

Aja Dang-Puspos arrived to champagne and strawberries at her bachelorette celebration in July 2022 at the Civana Wellness Resort and Spa in Carefree, Ariz. Ms. Dang-Puspos, 36, a small-business owner and YouTube content creator based in Los Angeles, was excited about having a week of rest, self-care and indulgence. She had everything she wanted for her bachelorette, but it was missing one common element: guests. It was a solo bachelorette party. “I didn’t want anyone to ask me questions about what to do, where to eat, where to go.

☆ Wall Street landlords with billions in their coffers have gone silent, patiently waiting for cheaper homes to buy
▼ + stars: | 2023-05-21 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +6 min

For the first two or so years of the pandemic, it looked like big, corporate landlords would buy up so many rental homes that they'd soon control the market that had been the purview of mom-and-pop owners. But five months in, the lull that started the year persists, said analysts at John Burns Real Estate Consulting, a purveyor of real-estate data. According to JT Graham, a John Burns analyst who attended an April conference of the SFR lobbying group National Home Rental Council, the buzzword there was "patience." For those that do make the trip, they can console themselves that the industry's fundamentals are strong enough to offset headwinds such as soaring taxes and slowing rent growth, John Burns analysts said. They're also able to absorb defaults and vacancies in the way small landlords can't as their costs increase.

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