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First-class travel has exhibited special strength, though management noted that can be tied in part to a resurgence of business trips. People taking these loans are more likely to be lower-income with no more than a high school diploma, Lanier said. Daniel Acker | Bloomberg | Getty ImagesFrozen food maker Tyson Foods has seen consumers shifting more to eating at home than the quick-service restaurants it supplies. It's also important to remember that lower-income Americans were feeling financial pressures before the pandemic, said Tyler Schipper, an associate professor of economics at the University of St. Thomas in Minnesota. Airbnb touted interest in travel to events like the Paris Olympics and the European Cup in Germany this summer.
Persons: there's, It's, Christophe Le Caillec, underscoring, Blair Lanier, Lanier, McDonald's, Tyson, Daniel Acker, Tyson Foods, Stanley Black, Decker, Jane Fraser, CNBC's Sara Eisen, Fraser, Nancy Lazar, Piper Sandler, Tyler Schipper, Thomas, Schipper, Eric Thayer, We've, Cliff Pemble Organizations: TSN, American Express, Federal Reserve, CNBC, People, University of Michigan, San Francisco Federal Reserve, U.S, PepsiCo, Bloomberg, Getty, Tyson, Management, Adobe Analytics, Furniture, Citigroup, University of St, Airlines, Delta Air Lines, JetBlue Airways, Caribbean . Booking Holdings, Paris Olympics, European, Ticketmaster, Cedar Fair, Flags, Wayfair, Garmin Locations: America, U.S, Minnesota, New York, Germany, Valencia , California
New York CNN —The Planet Fitness $10-a-month membership plan is a powerful marketing tool and a central part of its strategy. Planet Fitness will raise the price of its “classic” membership from $10 a month to $15 for new members beginning in the summer. “It’s a ‘get you off the couch’ price,” Planet Fitness’ former CEO told CNN in 2022. Planet Fitness blared out the $10 gym plan, which includes annual fees and free training, in commercials. “We’ve seen in every industry people move in price,” Planet Fitness interim CEO Craig Benson said.
Persons: Sharon Zackfia, William Blair, “ We’ve, Craig Benson, Organizations: New, New York CNN, CNN, Fitness, Black Card Locations: New York, United States, Square
Shop at Amazon Shop at Walmart Shop at Best Buy What we like Check mark icon A check mark. Shop at Amazon Shop at Best Buy Shop at Samsung What we like Check mark icon A check mark. Unfortunately, the S95D's matte screen has one notable side effect: it hurts black-level performance in a bright room. In contrast, the elevated black levels caused by the S95D's matte screen are more pronounced and easier to notice. AdvertisementSamsung S95D vs. S95C: Price and availabilityThe S95C currently costs a lot less than the S95D.
Persons: I've, Slim, Steven Cohen, it's Organizations: Business, Samsung, Shop, Walmart Shop, Dolby, Sony, Amazon, Samsung TV
Read previewA luxury gym chain is launching a program costing $40,000 a year that it says will help clients to boost their longevity. But experts told Business Insider you don't need to spend thousands of dollars to enjoy a long, healthy life. The program, which will later be available in other states, aims to help customers "live 100 healthy years," Jonathan Swerdlin, co-founder of Function Health, told CNBC. Research suggests that weight, or strength, training is beneficial for longevity because it builds muscle mass, which helps maintain strength and mobility into older age. One 2022 study found that those who did 30 minutes of strength training a week were 10% to 20% less likely to die from chronic illnesses, such as heart disease, diabetes, and cancer.
Persons: , Jonathan Swerdlin, Maveron, Dan Belsky, Robert N Butler, Michael Snyder, Snyder, Belsky, Virend Somers Organizations: Service, Function, CNBC, Business, Consulting, of Labor, Robert N Butler Columbia Aging Center, Center for Genomics, Medicine, Stanford University, Research, Mayo Clinic Locations: New York City, Highland Park , Texas
Read previewA former Fidelity financial advisor has accused the brokerage of unlawfully firing him after filing a whistleblower complaint. Fidelity ranked branch managers by the number of client assets in more expensive investments such as stock-managed accounts, Maeker said. Financial advisors who did not score highly were awarded little to no stock or threatened to be fired, Meaker said. This race to zero has led to more pressure on high-fee products, as Maeker's branch manager told him. In turn, financial advisors were pushed to sell more Tier 3 investments by awarding 10 times the amount of compensation for Tier 3 investments versus Tier 1.
Persons: , Michael Maeker, Maeker, Meaker, FINRA Organizations: Service, Fidelity, Department of Labor, Business, Financial Industry Regulatory Authority, Treasury, Northern, Northern District of, Securities and Exchange Commission, SEC, Reuters Locations: Dallas, Northern District, Northern District of Texas
Our guide has everything you need about where to watch a free Miami F1 live stream. How to watch free Miami F1 live streams with a VPNSign up for a VPN if you don't have one. How to watch F1 Miami live stream in the USESPN covers Formula 1 racing throughout the season. Shop at SlingHulu + Live TV Hulu + Live TV includes over 90 channels, along with Hulu's on-demand library and access to Disney Plus and ESPN Plus. Shop at HuluHow to watch Miami F1 live stream in the UKWant a free option?
Persons: Verstappen, Leclerc, Sainz, Perez, Norris, we're, Max, we've, you'll, ServusTV, ExpressVPN, it's, Hulu's Organizations: Business, Miami, Ferrari, RTL2, AWST, Miami F1, ESPN, ABC, Miami GP, Disney, Hulu, Disney Plus, Sky Sports, Sky, Premier League Locations: Miami, ORF1, Austria, Belgium, Luxembourg, TV's
It's easy to get sucked into watching "The Price is Right," the beloved TV game show where contestants win cash and prizes by guessing the price of merchandise. An investment analyst by trade, Bergner specialized in game theory at Yale University and has been a lifelong fan of TV show. Three contestants spin the wheel up to two times, aiming to be the closest to $1 without going over. Do one of these two things if you're the last bidder on Contestants' RowAs indicated above, if you're the last bidder on Contestants' Row, you're doing better already. Bid on the first showcase in the Showcase ShowdownAt the end of the show, two contestants face off in the Showcase Showdown.
Persons: Drew Carey, Justin L, Bergner, It's Organizations: Yale University
What exactly goes into closing costs?
  + stars: | 2024-05-04 | by ( Samantha Delouya | ) edition.cnn.com   time to read: +6 min
But there is an often-overlooked expense when buying a home: closing costs. At the same time, the Biden administration plans to take aim at so-called “junk fees” hidden in closing costs. New York, Delaware and Washington, DC, have the highest average closing costs, according to Bankrate; while Missouri, Indiana and North Dakota have the lowest. Lowering closing costs on your ownThere is one relatively simple way to lower your overall closing costs: shop around. “When you compare those offers, examine not just the rate itself but also the closing costs.
Persons: homebuyers, , Biden, ” Jeff Ostrowski, , ” Ostrowski, you’re, homebuyers haven’t, Brian Connolly, it’s, “ It’s, ” Connolly, Connolly, , Freddie Mac, ” Genaro Villa Organizations: CNN, Consumer Financial, National Association of Realtors, realtors, University of Michigan, NAR, homebuyers Locations: New York , Delaware, Washington, Missouri, Indiana, North Dakota, Bankrate, AnnualCreditReport.com
Read previewOwning a home is a key element of the American dream, yet it's become an unattainable fantasy for many people, Janet Yellen said. At the same time, the 30-year fixed mortgage rate has surged from around 3% at the end of 2021 to around 7%. As a result, Yellen said that buying a first home is "almost prohibitively expensive." Prospective sellers are holding off on listing their properties because they're unwilling to give up the dirt-cheap mortgage rate they secured years ago. AdvertisementBiden has also proposed a one-year tax credit of up to $10,000 for middle-class families that sell their starter home to someone who'll live in it.
Persons: , Janet Yellen, Yellen, Biden Organizations: Service, Treasury, Business, Federal Reserve, White House, Tax, stoke
I stayed in a houseboat in Amsterdam for four nights. The houseboat cost $2,802.55 after taxes and fees, or roughly $700 per night on Airbnb. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Our first was inside an apartment on land, and our second was a houseboat, which cost around $700 a night after taxes, cleaning, and service fees. It was nice but not too different from the many other Airbnbs I've stayed in.
Persons: , Jon Kok, I've Organizations: Service, Washington Post, New York Times, Times Locations: Amsterdam, Airbnb, Netherlands, houseboats
Starbucks announced a surprise drop in same-store sales for its latest quarter, sending its shares down 17% on Wednesday. Pizza Hut and KFC also reported shrinking same-store sales. Starbucks said bad weather dragged its same-store sales lower. Wingstop , Wall Street's favorite restaurant chain, reported its U.S. same-store sales soared 21.6% in the first quarter. This marks the second consecutive quarter that Burger King reported stronger U.S. same-store sales growth than McDonald's.
Persons: It's, McDonald's, it's, Taco Bell, January's snowstorms, we've, Ian Borden, Wall, International's Popeyes, Chris Kempczinski, Laxman Narasimhan, Narasimhan, David Gibbs, Taco, Yum, Burger, Organizations: Starbucks Workers, D.C, Starbucks, KFC, Yum Brands, Taco, Bureau of Labor Statistics, Taco Bell, Brands Locations: Dupont Circle, Washington, Pizza, U.S, Australia, Canada, Germany, Japan, Taco
Icon of the Seas and Wonder of the Seas are Royal Caribbean's newest and largest cruise ships. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Or, in the case of Royal Caribbean's two largest and newest cruise ships, the cash could mean the difference between a cheap but functional balcony cabin and, ironically, a more expensive but less comfortable one. This story is available exclusively to Business Insider subscribers.
Persons: , Royal Organizations: Service, Business Locations: Royal Caribbean's
Robusta coffee futures hit a 16-year high because of a prolonged drought in Vietnam. The robusta coffee variety is the basis for both espresso and instant coffee. A long, El Niño-induced drought in Vietnam pushed up the price of robusta futures on Wednesday to the highest in at least 16 years, Bloomberg reported. This year's drought in Vietnam could continue the low-supply cycle, hurting next year's production. Vietnam is increasingly importing cheaper robusta from Brazil to satisfy soaring local demand from coffee drinkers, Bloomberg reported in March.
Persons: , El Niño, Tran, Lan Anh Organizations: Service, Bloomberg, US Department of Agriculture, Co, International Coffee Organization Locations: Vietnam, Brazil, Asia, Europe, mocha
The October report found that around 13% of Americans reported economic hardship over the prior year due to climate change. Climate change could cost Americans born in 2024 nearly $500,000, due to higher taxes and pricier housing and food, among many other factors, ICF, a consulting firm, recently found in a report commissioned by Consumer Reports. Stan Honda | AFP | Getty ImagesOther health effects of climate change reflect more widespread shifts in global conditions. "There are clear interactions between heat waves and health conditions," said Charles Driscoll, a professor at Syracuse University who studies climate change. Climate change leads to droughts, which lead to crop failures, which cause food price spikes.
Persons: Chandan Khanna, Andrew Rumbach, Eva Marie Uzcategui, Wagner, Rumbach, Stan Honda, Charles Driscoll, Driscoll, Ringo H.W, Chiu, Mark Kantrowitz, Gernot Wagner Organizations: AFP, Getty, U.S . Department of, Treasury, Consumer Reports, Urban Institute, Bloomberg, U.S . Census, Insurance, Swiss Re Institute, Health, Natural Resources Defense, Syracuse University, International Labour Organization, Kaiser Family Foundation, of Labor Statistics, Columbia Business Locations: Fort Lauderdale , Florida, U.S, Fort Myers Beach , Florida, Florida , Louisiana, California, Hurricane, Queens, New York, Malibu, Malibu , Calif
In the 21st Century, though, Buick, which celebrates its 125th anniversary this year, has been a quiet spot in GM’s North American brand strategy. Last year, Buick sales rose more than 60% in the US compared to 2022. The Buick Envista introduced last summer is, essentially, a modified version of the well-received Chevrolet Trax, GM’s cheapest crossover SUV. The 1938 Buick Y Job is generally considered the auto industry's first "concept car." Last year, Avenir models, which get some fancier interior materials, more features, and distinctive paint colors, made up almost a third of Buick sales, the highest levels yet, Aldred said.
Persons: Louis Chevrolet, , it’s, , Ivan Drury, Jason Barlow, Envista, Bob Boniface ,, Duncan Aldred, Drury, It’s, Buick, that’s, Aldred Organizations: CNN, Buick, GM, Riviera, Chevrolet Trax, GMC, Chevy, Cox Automotive, Cadillac, General Motors, Liverpool Locations: GM’s, China, the, America, Europe
download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . They're struggling to make it in big cities as the world's second-largest economy suffers from a flailing property market and slow post-pandemic consumption recovery. Going big on smaller citiesChina's smaller cities aren't exactly an untapped market. KFC and Pizza Hut operator Yum China, which plans to add 6,000 stores in China by 2026, is also betting big on small cities. AdvertisementThe cost of living crisis driving young people out of China's big cities is a trend that echoes across continents.
Persons: , MetroDataTech, They're, Joey Wat, DPC, Canyandata Organizations: Migrants, Service, KFC, Bloomberg, Starbucks, Yum Locations: megacities, Shanghai, Shenzhen, MetroDataTech, China, Beijing, , Yum China, Local, Fuzhou, Korea, New York City, London
China's consumers and its central bank are snapping up gold, even as a falling yuan makes the metal pricier. AdvertisementChina's central bank has also been buying up gold, in much larger quantities than Gen Z's few grams of beans. Related storiesIn 2023, China's central bank bought 225 tons of gold, per the World Gold Council. The two economies have been jostled in the top spots for years, but China's buying spree last year put India behind. Advertisement"The amount of central bank buying is not justifying gold prices at current levels," she wrote.
Persons: , It's, Georgette Boele Organizations: Service, Bloomberg, People's Bank of China, Gold, World Gold Council, ABN AMRO Locations: China, China's, India, Poland, Singapore, Germany
Meta will partner with external hardware companies, including Lenovo, Microsoft and Asus, to build virtual reality headsets using the company's Meta Horizon operating system, the company said Monday. The move will create new hardware devices that run on the same operating system and software as Meta's current first-party virtual reality hardware, such as the Quest 3 and Quest Pro. The move further defines the fault lines of the virtual reality hardware market, months after Apple released its $3,500 virtual reality headset called Vision Pro in January. According to Meta CEO Mark Zuckerberg, who shared the news in an Instagram video Monday, the announcement essentially recreates the Android versus iOS dynamic in smartphones — only for virtual reality headsets. Meta Horizon is based on a version of Android, allowing for easier ports of apps from phones to virtual reality.
Persons: Mark Zuckerberg, Zuckerberg, Meta's, Meta Organizations: Lenovo, Microsoft, Asus, Quest Pro, Apple, Reality Labs, Meta, Apple's, Google, Steam, Gaming, Xbox
Our guide has everything you need about where to watch a free China F1 live stream. How to watch free China F1 live streams with a VPNSign up for a VPN if you don't have one. How to watch F1 China live stream in the USESPN covers Formula 1 racing throughout the season. Shop at SlingHulu + Live TV Hulu + Live TV includes over 90 channels, along with Hulu's on-demand library and access to Disney Plus and ESPN Plus. Shop at HuluHow to watch China F1 live stream in the UKWant a free option?
Persons: Verstappen, Perez, Alonso, Will, Max, we've, you'll, ServusTV, ExpressVPN, It's, Hulu's, it's Organizations: Business, Sprint, Red Bulls, China, RTL2, AWST, ESPN, Hulu's, Disney, Hulu, Disney Plus, Sky Sports, Sky, Premier League Locations: Shanghai, Miami, China, Japan, ORF1, Austria, Belgium, Luxembourg, TV's
Fast food is getting more expensive, and Americans are annoyed about it. Diners told BI they're cutting back on how often they get fast food because of rising prices. AdvertisementBut cheaper fast food may be some way off. Experts say it could have a ripple effect on wages across the fast food industry nationwide, meaning that your favorite spots could become even pricier. The main reason Rodriguez gets fast food is the taste, he said.
Persons: , Sara Senatore, Dunkin, Warren Colehour, Chad Frye, Artur Widak, Frye, Martin Jennings, it's, Chipotle, James R, Martin, Ben Heyworth, Burger King, He's, Del, Richard McConnell, Ricardo Rodriguez, Rodriguez Organizations: Service, Bank of America, McDonald's USA, Getty, Subway, Consumers, McDonald's Locations: Ukraine, McDonald's, Kentucky, California, Florida, Olive, Burger, Oregon
China is punishing citizens who can't repay their debts by cutting off access to social services. So-called deadbeat debtors are blacklisted, facing travel restrictions and government jobs. That means that delinquent debtors are restricted from accessing some services in the country, like high-speed trains and air travel. Unlike most other countries, China doesn't allow most people to write off their debts with bankruptcy, per the Journal. The worst offenders may face trouble getting loans and travel restrictions — similar to the experience of blacklisted debtors.
Persons: It's, shirkers, That's Organizations: China, Wall Locations: China
I stayed in a houseboat in Amsterdam for four nights. Even though it was on the pricier side, it was worth it to live like a local for a few days. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . This story is available exclusively to Business Insider subscribers.
Persons: Organizations: Service, Washington Post, Business Locations: Amsterdam, Airbnb, Netherlands
Preorders for Sony's Bravia 3 and Bravia 7 4K TVs are now available, but preorders for the Bravia 8 and Bravia 9 are not yet live. AdvertisementSony Bravia 9 Mini LED 4K TV price and specsThe Bravia 9 boasts an advanced backlight with high brightness capabilities. B&H PhotoSony 65-inch Bravia 9 Mini LED QLED 4K TV Sony's new high-end Bravia 9 is its most advanced 4K QLED TV yet. AdvertisementSony Bravia 8 OLED 4K TV price and specsThe Bravia 8 is the successor to Sony's A80L midrange OLED TV from 2023. AdvertisementSony Bravia 3 LED 4K TV price and specsThe Bravia 3 is an entry-level 4K TV so it's missing many of the advanced image quality features found on other Bravia models.
Persons: what's, we've, A80L, that's, QLED, Sony's X95L, Sony's, it's Organizations: Business, Sony, Google, Hollywood, Sony Sony, Samsung, LG, Amazon Sony
As detailed in our season-long free F1 live stream guide, we can help you watch every race this season via similar options to today's race. How to watch free Japan F1 live streams with a VPNSign up for a VPN if you don't have one. How to watch F1 Japan live stream in the USESPN covers Formula 1 racing throughout the season. Shop at SlingHulu + Live TV Hulu + Live TV includes over 90 channels, along with Hulu's on-demand library and access to Disney Plus and ESPN Plus. Shop at HuluHow to watch Japan F1 live stream in the UKWant a free option?
Persons: Red Bull, Perez, Norris, we've, you'll, ORF1, ExpressVPN, It's, Hulu's, it's Organizations: Business, Japan, RTL2, AWST, ESPN, Disney, Hulu, Disney Plus, Sky Sports, Sky, Premier League Locations: Japan, Australia, ORF1, Austria, Belgium, Luxembourg, TV's
What's more important? AI or the election.
  + stars: | 2024-04-05 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +7 min
In today's big story, we're announcing the finalists for our business, tech, and innovation bracket. What's on deck:This story is available exclusively to Business Insider subscribers. If you're just catching up, a few weeks ago we identified eight of the biggest trends in business, tech, and innovation. And then there were two: the AI race vs the US presidential election. Dan Rosen, founder and partner, Commerce Ventures:Advertisement"As a fintech investor, AI strikes me as more important.
Persons: , we're, Chelsea Jia Feng, Readers, Bruce K, Lee, Dan Rosen, Ira Allen, Tracy Albert, Wendy Craft, Elle, Dodd, Frank, Zach Blank, Nick DiGiovanni, Adam Jeffery, Ian MacNicol, David Einhorn, Jesse Cohn, Greg Coffey, Goldman Sachs, Brian Robinson, Nelson Peltz's, James Park, would've, Justin Sullivan, Marissa Mayer's, Enrique Munoz Torres, Elon Musk, Musk, Lukas Schulze, it's, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, Business, Keebeck Wealth, Commerce Ventures, CNBC, NBCU, Getty, Elliott Management, Sohn, Street Journal, Disney, UCLA, Yahoo, LinkedIn, Elon, Apple, Ford, Workers, Advertising Research, NCAA Locations: Europe, California, New York, London
Total: 25