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☆ More student-loan borrowers are getting debt cancellation through bankruptcy 2 years after Biden streamlined the process
▼ + stars: | 2024-07-17 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

Read previewThe Biden administration's new process to help student-loan borrowers get rid of their debt in court is working. On Wednesday, the Justice Department released an update on bankruptcy for borrowers following new guidance it released in 2022. "Our clear, fair, and practical standards are helping struggling borrowers find relief that was previously out of reach," Under Secretary of Education James Kvaal said in a statement. "This data should puncture the myth that struggling borrowers cannot discharge their student loan debt through bankruptcy," he continued. AdvertisementThe Justice Department did not immediately respond to Business Insider's request for the total number of borrowers who have received discharges through this process.

Persons: —, Biden, Education James Kvaal, Sen, Elizabeth Warren, Benjamin Mizer Organizations: Service, Justice Department, Business, Education, Justice, Department of Justice, Student Defense, Democratic

☆ Greenland sharks can live for over 250 years, and scientists want to use their anti-aging secrets to help humans live longer
▼ + stars: | 2024-07-15 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +5 min

It's entirely possible that there are Greenland sharks still living today that were swimming in the North Atlantic Ocean at the time. Some theories include the shark's slow growth rate and low metabolic rate, but research is ongoing. Scientists hope that unlocking the secrets of how these fish age could help humans live longer, healthier lives. "We want to look closely at some of these hallmarks to determine if the Greenland shark shows any signs of traditional aging," he said. While Greenland sharks' remarkable aging process has allowed them to survive centuries, it could also be a double-edged sword as their environment rapidly changes.

Persons: —, Abigail Adams, Ewan Camplisson, He's, Camplisson, Xavier Desmier Organizations: Service, Business, University of Manchester, NOAA, of Ocean Exploration, Geographic, Society for, World Conservation Union Locations: Greenland, Ocean

☆ Wimbledon final analysis: Carlos Alcaraz beats Novak Djokovic for second Wimbledon title
▼ + stars: | 2024-07-14 | by ( Matthew Futterman | Charlie Eccleshare | ) www.nytimes.com time to read: +17 min

Follow live coverage of the 2024 Wimbledon men’s final and mixed doubles final hereWIMBLEDON — Carlos Alcaraz beat Novak Djokovic in the Wimbledon final at the All England Club 6-2, 6-2, 7-6 on Sunday. That’s any match, against any ailing opponent — let alone a Wimbledon final against a 24-time Grand Slam champion. By the time he had raised his level to where it needed to be to hang with Alcaraz, Djokovic was down two sets. In Sunday’s final, Wimbledon got a glimpse of how irresistible he is when this area of his game clicks. As they were watching my final, I have to watch their final and support them.”What did Novak Djokovic say after the final?

Persons: Carlos Alcaraz, Novak Djokovic, Djokovic’s, Roger Federer, Rafael Nadal, Bjorn Borg, Rod Laver, Alexander Zverev, Roland Garros, Andy Murray, Charlie Eccleshare, Matt Futterman, Djokovic, Alcaraz, Djokovic didn’t, Clive Brunskill, It’s, —, John Walton, Alex de Minaur, Doctors, Novak, Frances Tiafoe, Daniil Medvedev, Alexei Popyrin, Holger Rune, De Minaur, Arthur Fils, Lorenzo Musetti, Carlos, it’s, ” Alexander Zverev, Henry Nicholls, bamboozled Djokovic, volleyed, Max Purcell, Jordan Thompson, ”, “, I’m, “ I’ve, Daniil, Medvedev, I’ve, …, Alcaraz “ Organizations: Wimbledon, WIMBLEDON, All England, Djokovic, Alcaraz, Court, Getty, England, “ Locations: Wimbledon, Spain

Crooks lived in the Pittsburgh suburb of Bethel Park, about an hour’s drive south of the Trump rally where law enforcement officials say he fired at the former president. Crooks graduated from Bethel Park High School in 2022, according to a local media report and a video of the school’s graduation ceremony. Law enforcement descended on Crooks’ family home on a quiet street in Bethel Park on Saturday night. Explosive material was found in his residence, as well as in his car, law enforcement officials familiar with the investigation told CNN. Bethel Park is a predominantly white suburb that is wealthier than the surrounding Pittsburgh metro area.

Persons: Thomas Matthew Crooks, Crooks, Donald Trump, —, haven’t, Jason Kohler, Kohler, Sarah D’Angelo, ”, Trump, ” Crooks, –, “, Anna Moneymaker, Crooks ’, Matthew Crooks, Thomas Crooks, CNN Crooks, Marcie Grimm, ” Grimm, Dan Grzybek, Joe Biden, Grzybek, ” Grzybek, Andrew Bianco, you’d, ” Bianco, CNN’s Yahya Abou, Ghazala, Audrey Ash, Scott Glover, Allison Gordon, Holmes Lybrand, Sean Lyngaas Organizations: Bethel Park , Pennsylvania CNN, CNN, Republican, Democratic, Trump, Bethel Park High School, Secret, Commission, Progressive, Democrat, Secret Service, Bethel Park Skilled Nursing, Rehabilitation Center Locations: Bethel Park , Pennsylvania, Pittsburgh, Bethel Park, ”, Butler , Pennsylvania, Democratic, Allegheny County, Crooks ’, BlackRock, Bethel

☆ I'm a conservative who moved from California to Texas during the pandemic, but I only stayed 2 years before moving back to Orange County.
▼ + stars: | 2024-07-13 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +6 min

But Nickens only stayed in Texas for two years before returning to California because she missed the weather and access to nature. I moved from the Inland Empire to Orange County in 2016 after my daughter graduated from high school. I really didn't want to be left behind. I didn't realize how much I really loved being outside until I moved to Texas. I really, really missed the beach.

Persons: —, Heather Nickens, Nickens, I'm, Dallas, Abbott, I've Organizations: Service, Business, Labor, Angels Locations: Orange County , California, Dallas, Texas, California, Houston, Inland, Orange County, Austin, Galveston

☆ Ellen DeGeneres said she's 'done' with fame after her upcoming Netflix special. Here's a complete timeline of the backlash she's faced since 2020.
▼ + stars: | 2024-07-12 | by ( Olivia Singh | ) www.businessinsider.com time to read: +32 min

Read previewThe talk show host Ellen DeGeneres has long been considered a beloved celebrity for her friendly and funny public demeanor. "Maybe I'm being naive, but I expected them to welcome me with confetti: Welcome to 'The Ellen DeGeneres Show'!" Next thing we know, we literally hear Steve Jobs pick up and say, 'Hi, Ellen' … Ellen told him the iPhone should have a bigger font," the producer said. I have been getting calls asking me about the Ellen Degeneres Show and I would like to address the time I spent there. AdvertisementPaytas appeared on "The Ellen DeGeneres Show" in 2010 when she was 22 years old to showcase her speed-reading talent during an audience talent segment.

Persons: —, Ellen DeGeneres, Nikkie de Jager, DeGeneres, NikkieTutorials, vlogger, de Jager, hadn't, van, Sebastian Williams, van Nieuwkerk, YouTuber, De Jager, Pop Crave, Ellen, Jonas, Kevin T, Porter crowdsourced, you've, Portia de Rossi, wouldn't, didn't, X weren't, I've, Kevin Winter, Stagehands, Jimmy Kimmel, John Oliver, Samantha Bee, Ellen DeGeneres's, Jordan Strauss, Tom Majercak, Majercak, de Rossi, Steve Granitz, Steve Jobs, Jobs, Jane Lynch's, Katy Perry, Chris Pizzello, Ellen Show, Neil Breen, Breen, Richard Wilkins, she'll, Richard, you'll, Neil, She'll, I'd, I'm, Raymond, Brad Garrett, Garrett, Lea Thompson, Scooter Braun, Kevin Mazur, Braun, Justin Bieber, Ariana Grande, Andy Lassner, James Corden, Corden, Hedda Muskat, Joshua Blanchard, Patrick McMullan, Ed Glavin, Mary Connelly, Muskat, Glavin, Ed, Tony Okungbowa, Okungbowa, Ellen Degeneres, Tony okungbowa, Dakota Johnson, Johnson's, Johnson, that's, Craig, Trisha Paytas, Christopher Polk, YouTuber Trisha Paytas, H3H3, Ethan Klein, Paytas, Ashton Kutcher, Kutcher, De Rossi, Ryan Phillippe, haven't, Jim Spellman, WireImage, Thompson, Phillippe, Jennifer Aniston, Billie Eilish, Greyson Chance, Gaga's, Chance, Stone, she'd, Rolling Stone, would've, It's, Tasos Katopodis, SFGate, Libby Torres Organizations: Service, Business, C Magazine, YouTube, Los Angeles Regional Food Bank, Variety, Warner Bros, Television, ABC, Fox News, New York Post, New York, Producers, AP, BuzzFeed, The Hollywood, British, Twitter, Sun, NBC, Getty, CDC, Centers, Disease Control, West Hollywood, Netflix Locations: Dutch, California, Australian, Melbourne, Dakota, West

☆ A boomer moved from Texas to Panama for her retirement. She loved it so much she 'accidentally' started a tour company helping expats move.
▼ + stars: | 2024-07-12 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +8 min

Jackie Lange, 69, moved to Panama from Texas in 2010, thinking she would retire to the mountains. Instead, over a decade later, she's led 250 tours helping hundreds of expats move to Panama. Shortly after making the move, she started Panama Relocation Tours, which takes interested expats across the country, from the beach towns to Panama City. She also crafted an online relocation guide with information on health insurance companies, private hospitals, CPAs, shipping and moving companies, and real estate agents. She pays $2,788 a year for health insurance, which covers 100% of hospital and emergency room visits worldwide.

Persons: Jackie Lange, she's, She's, Lange, Panama Lange, it's, expats, they've, — Organizations: Service, Panama Relocation, Business, Panama City, Hyundai, Homes Locations: Panama from Texas, Panama, Panama City, Dallas, East Texas, Boquete, Costa Rica, Texas, Caribbean, Hyundai Santa Fe, Coronado

☆ Stocks could face the steepest correction since the 2022 bear market as earnings kick off, analysts say. Here's what investors should watch for.
▼ + stars: | 2024-07-12 | by ( Matthew Fox | ) www.businessinsider.com time to read: +5 min

Second quarter earnings season could trigger the most painful stock correction since 2022, according to NDR. AdvertisementHere's what investors should look out for during the second quarter earnings season, according to NDR. Therefore, it's not a matter of whether analysts will cut their second-half earnings growth estimates but rather by how much they will cut. "Management teams have guided the Q2 year/year growth rate down to 5.7% from 7.0% at the end of May. "Analysts are banking the Mag 7 to continue to drive earnings growth, but the rest of the market to participate more.

Persons: —, Ned Davis, Ed Clissold, Clissold Organizations: NDR, Service, Ned Davis Research, Management, Nvidia, Amazon

☆ Here are Friday's biggest analyst calls: Tesla, Nvidia, Micron, Apple, Starbucks, Amazon, Netflix, Oracle, Microsoft & more
▼ + stars: | 2024-07-12 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

forward Price Target (28% upside)." Bank of America reiterates Micron as buy Bank of America said it's sticking with its buy rating after a series of constructive management meetings. Benchmark reiterates Nvidia as buy Benchmark raised its price target on Nvidia to $170 per share from $135. "We are raising our rating on Booking Holdings (BKNG) to Buy from Hold and establishing a new $4,700 per share price target." "We are initiating coverage on Carvana Co. with a BUY rating and $155 PT."

Persons: Tesla, Wolfe, Price, Bernstein, Apple, Morgan Stanley, it's, BTIG, Baird downgrades Visteon, Baird, Jefferies, Jill, Piper Sandler, Piper, DraftKings Organizations: UBS, Spotify, Citi, Bank of America, Micron, Barclays, Medicines, JPMorgan, Netflix, Amazon's, Nvidia, Western Digital, Holdings, Booking Holdings, Jefferies, Inter, Microsoft, Oracle, Deutsche Bank, Deutsche Locations: 2H24

☆ San Quentin on Lockdown As Inmates Suffer Gastrointestinal Illness
▼ + stars: | 2024-07-11 | by ( Laura Italiano | Nicole Einbinder | ) www.businessinsider.com time to read: +6 min

Read previewUsually, when "chicken hindquarters" is on the dinner menu at San Quentin, it's good news. Four men serving sentences at San Quentin say dozens of prisoners were sickened, and some 2,000 were subjected to a week of lockdown to prevent any illness from spreading. The four men who spoke to Business Insider told similar stories. Gavin Newsom announced the facility's "transformation" from San Quentin State Prison into San Quentin Rehabilitation Center, empowering an advisory council comprised of community leaders, prison staff, and program leaders to come up with recommendations to improve conditions. A spokesperson for the California Correctional Health Care Services issued this statement on Tuesday:Advertisement"We are currently investigating cases of a potential gastrointestinal illness at San Quentin Rehabilitation Center.

Persons: —, Aaron Ramzy, it's, Ramzy, Luis Sigueras, Marty Zahorik, Zahorik, I've, there's, Gavin Newsom, I'm, CCHCS Organizations: Service, Business, California Correctional Health Care Services, Block, Marin General Hospital, Gov, Quentin Rehabilitation Center, San Quentin Rehabilitation Center Locations: San Quentin, Quentin, California, Marin

☆ Ackman says his firm will put $500 million into Pershing Square USA
▼ + stars: | 2024-07-10 | by ( Svea Herbst-Bayliss | ) www.reuters.com time to read: +2 min

Bill Ackman, chief executive officer and portfolio manager at Pershing Square Capital Management, speaks during the SALT conference in Las Vegas, Nevada, U.S. May 18, 2017. REUTERS/Richard Brian/File Photo Purchase Licensing Rights New Tab , opens new tabNEW YORK, July 10 (Reuters) - Bill Ackman's firm Pershing Square Capital Management will put $500 million into its new U.S.-listed investment holding company, the hedge fund manager said in a presentation on Wednesday. The $500 million anchor investment will be held for at least 10 years, he said. Since its launch two decades ago, Ackman's hedge fund returned 16.5% a year. Had it existed in its current form, Pershing Square USA would have returned 19.4% during that time, he said.

Persons: Bill Ackman, Richard Brian, Bill Ackman's, Ackman, Svea Herbst, Bayliss, David Gregorio Our Organizations: Pershing Square Capital Management, REUTERS, Pershing, Capital Management, USA, New York Stock Exchange, Svea, Thomson Locations: Las Vegas , Nevada, U.S

☆ Spain 2 France 1: A semi-final for the ages as Yamal makes history with wondergoal – The Briefing
▼ + stars: | 2024-07-09 | by ( Dermot Corrigan | Liam Tharme | ) www.nytimes.com time to read: +13 min

Spain are the first nation through to the Euro 2024 final after beating France 2-1 in Munich. Spain are back in their first big tournament final since the golden generation which dominated from 2008 to 2012. Yamal celebrates with the Spain bench (Alex Livesey/Getty Images)Dermot CorriganFrance’s attack misfires againFor the first time, a Frenchman scored from open play for France. Despite their attacking options, including Dembele, Mbappe, Kolo Muani plus Bradley Barcola, Antoine Griezmann and Giroud from the bench, they could not summon a cutting edge. Their goalscorers were from the penalty spot, an own goal or Kolo Muani.

Persons: Didier Deschamps ’, Randal Kolo, Yamal, Dani Olmo, Olivier Giroud —, Liam Tharme, Dermot Corrigan, Peter Rutzler, Phil Hay, Luis de la, Fabian Ruiz, Nico Williams, Lamine Yamal, Alvaro Morata, Alex Pantling –, —, Germany’s, Kolo Muani’s, — Williams, Kolo Muani, Germain, Ousmane Dembele, William Saliba’s, Aurelien, Jules Kounde, Liam Tharme Yamal, Adrien Rabiot, ”, Jesus Navas, Mike Maignan, despairingly, Dan Mullan, He’s, Alex Livesey, Dermot Corrigan France’s, misfires, Frenchman, Kolo, Bradley Barcola, Antoine Griezmann, Mbappe, Didier Deschamps, Justin Setterfield, Dani Vivian, Dembele, Deschamps, Deschamps ’, Matthias Hangst, Peter Rutzler Morata, Vivian ., Morata, Alex Brodie Organizations: France, Copa, The Athletic FC, La, Alex Pantling – UEFA, UEFA, Getty, Nations League, Paris Saint, PSG, Germany, Georgia, yesterday’s, Portugal, Mbappe, Morata Locations: Spain, Munich, ’, France, Berlin, Europe, Copa America, England, Netherlands, Paris, Mbappe, Jesus, Spanish, Belgium

☆ Samsung really wants to outsmart Apple in the Galaxy-iPhone battle
▼ + stars: | 2024-07-06 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

From the city of Suwon, Samsung — the family-led titan of Korean industry — has been the world's top smartphone seller, beating Apple. Last month, Apple unveiled Apple Intelligence, a vision of generative AI that will give its devices a total refresh. In doing so, Apple hopes to inspire consumers to upgrade their iPhones so they can access its suite of AI features. (Only newer models like the iPhone 15 Pro and upcoming iPhone 16 line-up will offer Apple Intelligence). It debuted Galaxy AI, its first take on generative AI features for its devices, at the January launch of its flagship Galaxy S24 range.

Persons: —, Lee Jae, Park, Lee, Siri Organizations: Service, Samsung, Apple, Business, IDC, Samsung Electronics, Bloomberg, South, Apple Intelligence, AI, Samsung Galaxy, Google Locations: South, Suwon, Paris, China

Shannon Penney, 37, New York City Recently finished her first year as a registered nurse making $120,000 a year. Has built up robust savings, but costs for her dog and mental health care can still squeeze her budget. New job has given her a window into the inequalities of the health care system. Primary source of income: Working full-time as a registered nurse at NewYork-Presbyterian Hospital making $120,000 annually. Budget pain points: Penney said her mental health care costs have gone up since she switched to nursing.

Persons: Shannon Penney, Penney, ”, “, ” Shannon Penney, —, — Penney, she’d, She’s, Roth, Bankrate, ’, ” Penney Organizations: NBC, Presbyterian, Weill Cornell Medical Center, Presbyterian Hospital, Federal Reserve, Deloitte Locations: New York City, NewYork, Manhattan, ”, Westchester , New York

☆ Google’s first Chief Innovation Evangelist: Over 12 years, I learned 3 key lessons that can help anyone 'live a more meaningful life'
▼ + stars: | 2024-07-05 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +2 min

Working at Google for 12 years changed how Frederik Pferdt approaches his work and his daily routine. As the tech giant's first-ever Chief Innovation Evangelist, Pferdt sought to create a more cohesive structure for nurturing creativity across divisions. Pferdt created the company's Innovation Lab and co-founded the Google Garage, where he encouraged thousands of employees to collaborate and experiment on fresh ideas. Before deciding to leave Google in 2022, he learned several important lessons, including from co-founders Larry Page and Sergey Brin, he tells CNBC Make It. But his top three lessons aren't just useful for tech workers: They can help anyone "live a more meaningful life," he says.

Persons: Frederik Pferdt, Pferdt, Larry Page, Sergey Brin, aren't Organizations: Google, CNBC, Stanford Locations: San Francisco

☆ I've traveled to 20 countries in 2 years. I found the most stunning coast in one of the least-visited countries.
▼ + stars: | 2024-07-05 | by ( Marielle Descalsota | ) www.businessinsider.com time to read: +8 min

Last month, I traveled to Timor-Leste, a country located in the South Pacific. It's also the 14th least-visited country in the world and the least-visited in Asia, according to a January report from CEOWorld magazine. Some 81,000 tourists visited Timor-Leste in 2023 — putting it just ahead of Chad and Sierra Leone, per the report. Marielle DescalsotaOnly a handful of airlines fly to Dili, the capital, where the only international airport in Timor-Leste is located. As I grew up in Singapore and can speak some Indonesian, when locals didn't speak English, that was my fallback language.

Persons: —, I've, France —, It's, Fernando, Hilton, nasi goreng —, 9Milhas, Gloria, Jesus Christ —, Marielle Organizations: Service, Leste, South Pacific, Business, National Statistics Directorate Timor, YouTube, Google, Timor Plaza, Apartments, East Timor Centavo, US Department of State, Burger, Coffee, Cristo Locations: Maldives, France, Timor, South, Bahamas, Asia, Chad, Sierra Leone, Dili, Bali, Indonesia, Darwin, Australia, Dili's, sightsee, East Timor, Indonesian, Singapore, Marielle, Cristo Rei, It's, Angola

☆ IRS has taken nearly 2 years to help tax identity theft victims get their refunds
▼ + stars: | 2024-07-05 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +1 min

Erin Collins, national taxpayer advocate at the Taxpayer Advocate Service, speaks at a Senate Appropriations subcommittee hearing in Washington, D.C., on May 19, 2021. There's a pileup of tax identity theft cases at the IRS — but the agency is working on a "range of improvements" to speed up service. Identity theft victims have waited more than 22 months for resolution, plus several weeks for refunds. Tax identity theft happens when criminals use stolen personal information to file a fraudulent tax return to claim a refund. Collins reported in January that identity theft victims were waiting 19 months for resolution and refunds, which stemmed from Covid-19 shutdowns and pandemic relief.

Persons: Erin Collins, There's, It's, Collins Organizations: Taxpayer Advocate Service, Washington , D.C, IRS, Finance, Security Locations: Washington ,, Covid

Stefanie Longenecker, 43, Palmyra, Pa. Has stayed out of the workforce because of high cost of child care. But she has been sidelined from the workforce by a child care system that has grown inaccessible for many families. Longenecker, 43, left her job as a hospital pathologist during the pandemic to care for her young children amid repeated day care and school closings. “I’m incredibly lucky to be able to spend this time with my kids, even recognizing the shortcomings.”The child care crunch has put a growing squeeze on families since the pandemic, when more than 100,000 workers left the industry and more than 16,000 child care centers permanently closed. Since then, child care costs have risen more than 30%, and households with child care expenses have been spending at a slower pace and dipping into savings at a faster rate than the general population, according to a Bank of America analysis of its customers’ spending.

Persons: Stefanie Longenecker, ” Longenecker, “ that’s, Longenecker, that’s, she’s, Longenecker’s, Davidson, ”, “, haven’t, We’re Organizations: NBC, “, Bank of America, Stanford University Locations: Palmyra, Pa, Palmyra , Pennsylvania, Harrisburg, Lebanon County

☆ Yen drops to 38-year low, U.S. dollar slumps after weak data
▼ + stars: | 2024-07-04 | by ( ) www.cnbc.com time to read: +5 min

A report indicating that the U.S. services sector contracted last month and factory orders fell also weighed on the dollar. The dollar was last up 0.1% at 161.64, after earlier falling to a session low below 161 following weak U.S. data. The yen also hit an all-time low of 174.48 against the euro . The euro rose to a three-week high against the dollar, and was last up 0.3% at $1.0781. Further pressuring the dollar was a weak U.S. services report from the Institute for Supply Management.

Persons: Sterling, Helen, —, Shunichi Suzuki, Jonas Goltermann, nonfarm Organizations: U.S ., Federal Reserve, European Central Bank, Bank of Japan, Monex USA, U.S, Finance, ADP, Reuters, Capital Economics, Institute for Supply Management, PMI, Fed Locations: United States, Washington ., U.S

☆ AI data centers could add 3 New York Cities of demand to the power grid in 2 years
▼ + stars: | 2024-07-03 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +6 min

So far, the only part of Earth AI seems hell-bent on dominating is the power grid. AI data centers are doubling the pace of electricity demand growth in the US to the extent that demand could exceed supply in just two years without action, according to Bernstein Research. The potential shortfall could mean higher prices for the computing power AI developers of all sizes are clamoring for, along with ample opportunity for investors willing to build up supply. How are AI companies planning aheadIt's not just the total power needed for AI computing infrastructure, it's the unique cadence of the power need and the cooling AI chips require. Amazon is clearing some of these hurdles by colocating some data centers with nuclear power sites.

Persons: —, that's, catchup, Bernstein, Jensen Huang, Huang, Agrawal, we're, Andrew Feldman, Feldman Organizations: Service, Bernstein Research, Business, Nvidia, Vertiv, Lambda, Cerebras Systems Locations: UAE, South Africa, Kenya, Nigeria, Egypt, Iceland

☆ Gold at near 2-week high as soft U.S. data lifts Fed rate-cut bets
▼ + stars: | 2024-07-03 | by ( ) www.cnbc.com time to read: +2 min

Gold prices were flat on Wednesday as investors awaited minutes of the Federal Reserve's last policy meeting for fresh cues on when the U.S. central bank will start cutting interest rates. Gold prices rose more than 1% to a near two-week high on Wednesday, driven by increased bets for a September interest rate cut by the Federal Reserve after recent U.S. data suggested that the labor market was softening. "Bulls are trying to get ahead of what many believe will finally be a weak payrolls report on Friday," he added. [USD/The market now sees a 68% chance of the Fed cutting interest rates in September as well as another cut in December. Elsewhere, spot silver rose 3.4% to $30.52 per ounce, platinum gained 1.8% to $1,008.50 and palladium climbed 2.7% to $1,049.

Persons: Tai Wong Organizations: Federal Reserve, Bulls Locations: U.S, New York

☆ 34-year-old grew her income from $46,000 a year to $400,000 in 12 years—her No. 1 tip for negotiating your salary
▼ + stars: | 2024-07-03 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +2 min

Though she commands a hefty $400,000 salary today, Sora Lee knows about starting small. Lee earned a $40,000 base salary, plus a $6,000 bonus, at a startup called TubeMogul after graduating from college in 2011. Before starting at TikTok, she worked for — and successfully negotiated big salary increases at — Netflix and Meta. Be ready to negotiateAlong with plenty of other career experts, Lee recommends preparing to negotiate when you're expecting a job offer. When she was interviewing for her role at Netflix, Lee received an offer for a job at another firm.

Persons: Sora Lee, Lee, — Lee Organizations: —, Netflix, Meta Locations: TikTok

☆ A millennial couple moved to Bali 2 years ago. Making friends was one of the hardest parts.
▼ + stars: | 2024-07-02 | by ( Amanda Goh | ) www.businessinsider.com time to read: +5 min

Nadia Rose and her partner, Steve Willis, moved from Kuala Lumpur, Malaysia's capital, to Bali in July 2022. Friendships can be hard to forgeIt might be harder to form lasting friendships in Bali than you think. The island can feel like a very transient place, with all the people who come and go from Bali, especially within the expat community, Rose said. Related storiesFor almost a year after they arrived in Bali, Rose said they were so caught up in trying to settle down into their new lives that they weren't able to make any new friends. Things in Bali can be as cheap or as expensive as you'd likeThere's a common refrain that things in Bali are cheap — and that's not necessarily true, Rose said.

Persons: —, Nadia Rose, Steve Willis, Rose, I've, that's, haven't, Denpasar, Bali —, nasi goreng — Organizations: Service, Business, Facebook Locations: Bali, Indonesian, Kuala Lumpur, Malaysia's, Malaysia

☆ My mom provides our childcare, but we have different rules for the kids. It creates tension.
▼ + stars: | 2024-07-01 | by ( Bethaney Phillips | ) www.businessinsider.com time to read: +4 min

And, of course, when choosing someone to be with my kids, I'd rather them be with my mom. She's great with my kids, but we have different rulesMy mom has always taken great care of the boys, but we have very different personalities, which means we parent differently. Our homes also have different rules. AdvertisementTreating the kids differently can be confusing for everyoneAs you can imagine, this has led to some confusion — for the kids, yes, but for my mom, too. Ultimately, she said what she did because she believes in a different set of rules.

Persons: I'm, it's Organizations: Service, Business

☆ Florida prosecutors knew Epstein raped teenage girls 2 years before cutting deal, transcript shows
▼ + stars: | 2024-07-01 | by ( Associated Press | ) edition.cnn.com time to read: +5 min

The transcripts show that the grand jury heard testimony that Epstein, who was then in his 40s, had raped teenage girls as young as 14 at his Palm Beach mansion. He was sentenced to one and a half years in the Palm Beach County jail system, followed by a year of house arrest. According to the transcripts, Palm Beach Police Det. When she brought over a 23-year-old friend, Epstein told her that the friend was too old. “The more you did, the more money you made,” the detective said the teen told him.

Persons: Jeffrey Epstein, Ron DeSantis, Luis Delgado, Epstein, ” Delgado, ”, Joe Recarey, ” Recarey, Recarey, ‘, Madame Heidi Fleiss, “, ” Epstein, Delgado, “ Epstein Organizations: Gov, South, Palm Beach Police, New York —, Miami Herald Locations: Fort Lauderdale , Florida, Florida, South Florida, Palm Beach County, Palm Beach, New York, New York City, Palm

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