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☆ Team USA women’s basketball squad endorses Kamala Harris for president
▼ + stars: | 2024-07-31 | by ( Kyle Feldscher | Ben Morse | ) edition.cnn.com time to read: +3 min

CNN —The head coach and players of Team USA’s women’s basketball endorsed Vice President Kamala Harris’ presidential bid on Wednesday. Harris took over the Democratic nomination earlier this month after President Joe Biden decided to end his reelection bid and endorse his No. The players on Team USA – and the WNBA in general –have been far more willing to engage in political statements than some of their other professional sports peers. Harris had visited the men’s basketball team during their training camp ahead of the Games. “If she’s on the ticket winning the election, like it’s, it’s a big, big deal to say the least and she represents the Bay Area,” Curry said last week.

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☆ Podcast: Samsung bets on the Galaxy Ring and AI as its next big thing
▼ + stars: | 2024-07-31 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +42 min

Along with its S24 series of smartphones, foldable devices, smartwatches and now the Galaxy Ring, Samsung is hoping to lock users into its world of products held together with its suite of artificial intelligence features, known as Galaxy AI. Arjun KharpalOne of the things Samsung said was look, the ring is one product, but we've got the watch, we've got the smartphone. I think that's the right approach for Samsung, I don't think they have unrealistic expectations for volumes on this. And you'd feel like if there was some sort of Apple ring, it would do pretty good volumes. Do you think Samsung is seriously looking at ways to monetize this via subscriptions or other kinds of service business model?

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☆ I shopped at Urban Revivo, Asia's answer to Zara. I'm a convert, but experts say Zara has nothing to worry about — yet.
▼ + stars: | 2024-07-31 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +7 min

Urban Revivo's fits felt way better than Zara'sThe author trying out basics from Zara and Urban Revivo. In contrast, Urban Revivo felt like it had intentionally curated its space with a flow in mind. Aditi BharadeUnlike Zara's bright lights, Urban Revivo was lit more dimly, creating a more relaxed environment. "Urban Revivo has a variety of products, but there is a 'sophomoric' feel to it," Angel said. They also say that it's too early to determine if Urban Revivo will be a true threat to Zara.

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☆ I was financially dependent on my ex-husband. Post-divorce, I taught myself about money and built a 6-figure business.
▼ + stars: | 2024-07-31 | by ( Perri Ormont Blumberg | ) www.businessinsider.com time to read: +6 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThis as-told-to essay is based on a conversation with Beth Keeton, a 34-year-old publicist in Fort Worth, Texas. After the crumbling of my marriage, a divorce, and landing back on my feet, I started my own business. AdvertisementIf there's one lesson I've learned, it's that when your gut tells you something feels off, you need to listen. Now, I listen to what my gut tells me, which has protected my business in many ways.

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☆ Japan's new currency diplomat keeps intervention on table to stabilize yen
▼ + stars: | 2024-07-31 | by ( ) www.cnbc.com time to read: +1 min

Japan will retain its basic approach on the yen with intervention remaining an option to tackle excessively volatile moves in the exchange rate, the country's new top currency diplomat Atsushi Mimura told Reuters. "It has been internationally agreed that measures including interventions are allowed when necessary," he added. Previously head of the ministry's international bureau, the 57-year-old became vice finance minister for international affairs on Wednesday — a post that oversees Japan's currency policy and coordinates economic policy with other countries. Mimura's appointment comes as the Japanese currency shows tentative signs of recovery from 38-year lows, as investors unwound their long-running bets against the currency ahead of a Bank of Japan meeting this week. While a weak yen gives exports a boost, it has become a source of concern for policymakers by pushing up the cost of imports and hurting consumption.

Persons: Atsushi Mimura, Mimura Organizations: Reuters, Bank of Japan Locations: Japan

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The Priority Pass network includes access to more than 1,200 lounges around the world, as well as credits at a few restaurants. The Chase Sapphire Reserve and the Amex Platinum Card are two of the best cards available for anyone who travels. Apply and select your preferred metal Card design: classic Platinum, Platinum x Kehinde Wiley, or Platinum x Julie Mehretu. With complimentary access to more than 1,400 airport lounges across 140 countries and counting, you have more airport lounge options than any other credit card issuer on the market. Unlock access to exclusive reservations and special dining experiences with Global Dining Access by Resy when you add your Platinum Card® to your Resy profile.

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☆ The D.M.V.’s Lessons on Equality - The New York Times
▼ + stars: | 2024-07-31 | by ( Tressie Mcmillan Cottom | ) www.nytimes.com time to read: +5 min

Don’t Tell My Friends, But… is a seriesin which we asked Times columnistswhateveryone else is wrong about. (To the credit of those department workers’ good humor, I’ve seen a photo of that sloth posted in my local D.M.V.) I hate the way people hate the D.M.V. But that does not account for why it is cool to hate the D.M.V. We should revel in the fact that there is no express lane for beautiful, rich people to renew their licenses.

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☆ It’s not just ‘cat ladies’: JD Vance has a history of disparaging people without kids
▼ + stars: | 2024-07-30 | by ( Andrew Kaczynski | Em Steck | ) edition.cnn.com time to read: +6 min

The comments sparked a widespread backlash against Vance when they resurfaced on social media following his nomination to the Republican presidential ticket. Vance later tried to clean up his comments on Megyn Kelly’s podcast last week. Vance would later fundraise off those 2021 remarks in a series of emails obtained by CNN from a commentator who posted them on social media at the time. Video Ad Feedback Sen. JD Vance faces backlash on campaign trail 03:20 - Source: CNN“Did you see me on FOX Primetime recently? I needed to speak DIRECTLY to patriots like you about the serious issue of radical childless leaders in this country,” reads one Vance fundraising email from August 2021.

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☆ Consumer agency calls out ‘junk’ fees that parents pay for online school lunch accounts
▼ + stars: | 2024-07-30 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +3 min

New York CNN —The fees parents pay to make online deposits into their children’s school lunch accounts are under scrutiny at the Consumer Financial Protection Bureau, which found that some parents may pay up to 60 cents in fees for every dollar they deposit. “Transaction fees and other types of junk fees can take an economic toll on American families just trying to pay for basic school expenses, including school lunch for kids,” said CFPB director Rohit Chopra in a statement. Based on data the agency collected, it determined such families pay roughly $72 a year for 180 days of lunches plus $42 in fees when they make two deposits a month into their child’s account. The agency estimates that payment processors collect between $28 million and $92 million in fees from families paying full fare for lunch, and between $1.9 million and $10.2 million from those paying reduced prices. On top of transaction fees, parents may be charged a small program fee when they open an account or a convenience fee to transfer funds between their children’s accounts.

Persons: ”, Rohit Chopra, CFPB Organizations: New, New York CNN, Consumer Financial Protection Bureau Locations: New York

☆ Spirit Airlines, known for no-frills flying, will offer business-class seats
▼ + stars: | 2024-07-30 | by ( Chris Isidore | ) edition.cnn.com time to read: +3 min

New York CNN —Spirit Airlines, the ultra-low cost carrier known for charging bargain-hunting passengers for anything and everything, is introducing business class seating. Farther back in the plane Spirit will also allow passengers to pay more for seats in rows where the middle seat will not be sold. Spirit looked at merging, first with another ultra low cost carrier, Frontier Airlines, and then with JetBlue Airways. Last week Southwest Airlines, the nation’s older lower fare carrier, announced it would end its open seating policy it has used throughout its history and let passengers reserve seats for the first time. However, Southwest has not announced any plans to offer wider, business class seats.

Persons: “, we’ve, ”, Ted Christie, – CNN’s Erika Tulfo Organizations: New, New York CNN — Spirit Airlines, United, Delta, Frontier Airlines, JetBlue Airways, Southwest Airlines Locations: New York, ”, Southwest

☆ AI risks destroying jobs. Tech leaders think they have the answer.
▼ + stars: | 2024-07-30 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +7 min

Read previewThe tech industry has grand plans for an AI utopia — and as models become ever more advanced, some tech leaders are calling for a form of universal basic income. But as AI companies race toward artificial general intelligence, the conversion is getting more urgent. Making AI work for everyoneMany of the people developing AI think a basic income system could help mitigate the tech's negative impact on workers. AdvertisementFor prominent tech figures, there's also a PR dimension to supporting the basic income concept, he said. AdvertisementAnna Yelizarova, a project lead at the Future of Life Institute, said tech companies have discussed sharing access to the AI models themselves.

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☆ The biggest basic income pilot in the US found that it didn't stop participants from working and helped get their families into safer situations
▼ + stars: | 2024-07-30 | by ( Noah Sheidlower | Katie Balevic | ) www.businessinsider.com time to read: +7 min

The Basic Income Guaranteed: Los Angeles Economic Assistance Pilot, or BIG:LEAP, gave over 3,200 households $1,000 in monthly no-strings-attached cash payments for 12 months starting in January 2022. BIG:LEAP compared the outcomes of households receiving cash payments to nearly 5,000 households with similar incomes and family situations in the control group. In the last six months, participants were more likely to establish proximate safety and work toward protecting themselves in the future. Overall, it stands in contrast to what some critics of basic income argue, including that cash payments majorly reduce employment or don't prepare participants for the future. Housing cost burdens decreased among all study participants.

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☆ The tech industry wants to create an AI utopia. Its leaders think Universal Basic Income is the answer.
▼ + stars: | 2024-07-30 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +7 min

Read previewThe tech industry has grand plans for an AI utopia — and as models become ever more advanced, some tech leaders are calling for a form of universal basic income. But as AI companies race toward artificial general intelligence, the conversion is getting more urgent. Making AI work for everyoneMany of the people developing AI think a basic income system could help mitigate the tech's negative impact on workers. Recently, the OpenAI CEO also floated the idea of what he calls "universal basic compute." AdvertisementAnna Yelizarova, a project lead at the Future of Life Institute, said tech companies have discussed sharing access to the AI models themselves.

☆ We’ve been wrong about a key contributor to human happiness
▼ + stars: | 2024-07-30 | by ( Allison Morrow | ) edition.cnn.com time to read: +7 min

But it can really, really help. To do that, I collect large-scale data in the course of people’s everyday lives … That’s kind of the 100,000-foot view. And I think that’s the kind of thing that doesn’t really stop at any magic threshold. I think people need to think about this more of kind of like a happiness portfolio. And oh, by the way, getting some daily exercise, not living in an environment that’s really polluted, that would be good.

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☆ It's not just the Harris campaign—how Etsy sellers are taking advantage of 'Brat summer'
▼ + stars: | 2024-07-30 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +1 min

This summer, a shocking shade of lime green seems to have taken over. On Etsy, shoppers and sellers alike have eagerly hopped on the trend. Search Etsy for "brat" and you'll see over 1,000 results for brat-themed shirts, stickers, buttons, stationery and more. Others pair the brat green with different cultural phenomena like Taylor Swift lyrics, or increasingly, homages to Vice President Kamala Harris. Here's how Etsy sellers are getting in on the action.

Persons: Charli, you've, Julia, Taylor Swift, Kamala Harris, Joe Biden, Harris, Charli XCX, Kamala Organizations: CNBC, Democratic

☆ In the age of AI, there's no future for workers content with being code monkeys — and they know it
▼ + stars: | 2024-07-30 | by ( Aditi Bharade | Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +7 min

"I think there will be a change in the way a software engineer works, and instead of five software engineers you might need four in future," she said. AdvertisementHe said that people who studied software engineering before the rise of AI tools have a stronger foundation because they have "written code from scratch." AdvertisementAn added that foundational knowledge in "algorithms, data structures, software engineering, and other critical areas" is essential for advancing AI technologies. David Malan, a computer science professor at Harvard, told BI that AI tools could be a plus for aspiring software engineers who know how to leverage them. Tejas Rajagopal, a recent computer science graduate from NTU, said he's been trying to expand his skillset to strengthen his chances of landing a job.

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51% of drivers do not trust their car insurance providers and car insurance costs continue to rise, up by 11.2% in 2023-2024. Get Car Insurance Quotes Compare affordable car insurance quotes online in minutes. How to shop for car insuranceIf you're in the market for car insurance, here's a step-by-step guide to finding the best and cheapest car insurance for you. Factors That Affect Car Insurance QuotesPersonal FactorsOne personal factor that affects your car insurance quotes is your age and gender. How to Compare Car Insurance Quotes FAQHow often should I compare car insurance quotes?

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Kevin Levu faces unpredictable dangers during his nursing shifts, including the risk of being stabbed or beaten. A travel nurse, Levu works at Pelican Bay State Prison, which is home to some of the most violent inmates in California. Being a travel nurse "provides a lot of freedom in my life," he says. Zoom In Icon Arrows pointing outwards Kevin Levu in the army. "Kevin Levu at home.

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☆ These are the 10 best rental markets in America based on affordability, job opportunities and more
▼ + stars: | 2024-07-29 | by ( Celia Fernandez | ) www.cnbc.com time to read: +4 min

1 rental market in America: Austin, TexasAustin in the Austin-Round Rock, Texas metro area ranked as the top rental market, according to Realtor.com. 10 best rental markets in AmericaAustin, Texas Oklahoma City, Okla. Birmingham, Ala. San Antonio, Texas Minneapolis, Minn. Sandy Springs, Ga. Nashville, Tenn. Kansas City, Kan. Raleigh, N.C. Norfolk, Va. Oklahoma City is the No. The Oklahoma capital had a rent-to-income ratio of 17.7%, making it the most affordable rental market among the top 10. Oklahoma City is also one of the best cities for new college graduates, according to a June Zumper report. Oklahoma City, Oklahoma Marcus Elwell | Moment | Getty Images

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☆ The Olympic Flame Isn’t a Flame at All
▼ + stars: | 2024-07-29 | by ( Andrew Keh | ) www.nytimes.com time to read: +1 min

The Olympic flame isn’t a flame. Every Olympic host city has a few basic tasks that force it to straddle the line between acknowledging the tradition of the Games while showing that it is keeping up with the times. And that’s how you get an Olympic flame that’s not a flame at all. A flame that is actually “a cloud of mist and beams of light,” according to Paris 2024 organizers. That flame (or is it “flame”?)

Persons: it’s Organizations: Games

☆ Costco just increased its membership prices — here are 8 things that make the annual fees worth it, as an employee
▼ + stars: | 2024-07-29 | by ( Veronica Thatcher | ) www.businessinsider.com time to read: +6 min

From saving money by bulk-buying groceries to taking advantage of executive membership rewards, there are tons of reasons it's beneficial to shop at the warehouse. AdvertisementThe warehouse has a very flexible return policy on most merchandiseCostco has a flexible return policy with guaranteed customer satisfaction. The executive membership, in particular, offers great perksI love the rewards I earn through my Costco executive membership. On the other hand, the executive membership gives customers 2% cash-back rewards on qualified purchases. I'd say my family of four saves almost $1,000 each year, not including the 2% cash-back rewards I accumulate through my executive membership.

Persons: —, Veronica Thatcher, Veronica Thatcher Costco Organizations: Service, Costco, Business

☆ Video: How the Denver Basic income Project transformed the lives of the city’s homeless population
▼ + stars: | 2024-07-29 | by ( Aaron Fisher | ) edition.cnn.com time to read: 1 min

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☆ Insider Today: The world's meanest app
▼ + stars: | 2024-07-28 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Buying a home is an absolute disaster, but this 19-year-old real-estate agent has a unique way of showing you homes quickly. On the agenda today:This story is available exclusively to Business Insider subscribers. Getty Images; Jenny Chang-Rodriguez/BIShow me the profitsAs businesses continue to figure out ways to leverage generative AI, investors are starting to wonder: How can this help the bottom line? The world's meanest app.

Persons: —, it's, Matt Turner, Stocks, Jenny Chang, Rodriguez, Elon Musk's, Alyssa Powell, They're, Altman's, Alvaro Dominguez, — Mark Moran Organizations: Service, Business, Getty, Apple, Microsoft, Meta, Nvidia, Lazard

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