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Home transaction activity is up since mortgage rates are down from their peak. The US housing market perked up after mortgage rates plunged from their mid-summer peak through mid-September, even though they've experienced a remarkable resurgence since then. Pending home sales rose 7.4% in September, which was the largest leap since the spring, a late-October report from the National Association of Realtors found. "Further gains are expected if the economy continues to add jobs, inventory levels grow, and mortgage rates hold steady." 7 affordable cities with home inventoryEven though homeowners have been reluctant to give buyers a discount, there are still places where aspiring proprietors can find fair deals.
Persons: , they've, Lawrence Yun, Realtor.com, Ralph McLaughlin Organizations: Service, National Association of Realtors Locations: Realtor.com
Berkshire Hathaway reduced its Apple stake again in the third quarter of 2024. Warren Buffett's company has now cut its shares in Apple by two-thirds over the last year. AdvertisementWarren Buffett's Berkshire Hathaway has cut its stake in Apple — again. Berkshire Hathaway reduced its holdings in the iPhone maker to just under $70 billion, according to its third-quarter earnings report, which was published Saturday. Berkshire Hathaway has consistently sold shares and grown its stockpile of cash over the last year.
Persons: Berkshire Hathaway, Warren Buffett's, Buffett, , Warren, Apple — Organizations: Apple, Service, Berkshire, Bank of America, CNBC Locations: Berkshire, Omaha
Gary Allen Montelongo won $10,000 for a science project on train derailment. Montelongo built and coded an experiment on railroad suspension, then won a national competition. AdvertisementThe internship ended, but Montelongo couldn't get the derailment off his mind, so he went down to the train tracks near his house. Then he built three sets of model railroad tracks out of foam and fitted them with three different types of springs: fresh new springs, midlife springs, and old, worn-out springs. This mimicked the different suspension systems he'd seen at the train tracks near his home.
Persons: Gary Allen Montelongo, Montelongo, , Lisa Fryklund, Ajmera, Montelongo couldn't Organizations: Service, Fisher Scientific, Junior, Society for Science, Broadcom, Federal Railroad Administration, University of Texas, NASA, SpaceX Locations: Ohio, East Palestine , Ohio, University of Texas Rio Grande
AdvertisementOne of the US Navy's best ballistic missile interceptors, the Standard Missile-3, got a workout in the Middle East this year, eliminating Iranian missiles headed for Israel. That's a high cost per intercept, especially if more than one interceptor is fired for each target. An SM-3 Block 1B interceptor missile is launched from the guided-missile cruiser USS Lake Erie during a test in the Pacific. It was then fired a second time during Iran's massive early October barrage, during which Tehran launched more than 180 ballistic missiles at Israel. The industry process, coupled with the exquisite capability of the missile to intercept ballistic missiles, raises the cost of the interceptor.
Persons: , Archer Macy, you've, Tom Karako, Navy Carlos Del Toro, Del Toro, RTX, Cmdr, Jason Tross, Bryan Clark, Karako, Macy Organizations: US, Service, Iranian, Congress, Navy, Pacific . US Navy, Missile Defense, Center for Strategic, International Studies, Mitsubishi Heavy Industries, Combat, US Naval Forces Europe, Hudson Institute, Getty, Business, Analysts, China's Rocket Force, SM, US Navy, Studies ' Missile Defense Locations: China, Israel, Lake Erie, Pacific, Tehran, Iranian, Iran
I've traveled across the US numerous times on Amtrak trains. My experiences have been overwhelmingly positive, but I've run into plenty of mishaps. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . I've crisscrossed the US numerous times on Amtrak trains from San Francisco to Chicago, Denver to California, Los Angeles to New Orleans, New York to Chicago, Chicago to Washington, DC, New York to Boston, and Chicago to Portland, Oregon. Here are the biggest mishaps I've encountered on Amtrak journeys and how I prepare for them in advance.
Persons: I've, Organizations: Amtrak, Service Locations: San Francisco, Chicago, Denver, California, Los Angeles, New Orleans , New York, Washington, DC, New York, Boston, Portland , Oregon
Lindsay Roselle transformed her view on motherhood after an ayahuasca retreat in the Amazon. AdvertisementThis as-told-to essay is based on a conversation with Lindsay Roselle, a 42-year-old entrepreneur and mom from Colorado who attended an ayahuasca retreat and started microdosing psilocybin. Then in 2022, I was flying to a remote part of the Amazon for a three-day ayahuasca retreat, where I ingested a plant-based psychedelic used for medicinal, spiritual, and ceremonial purposes. My mom contributed to my negative idea of motherhoodGiving up my entrepreneurial career was never an option for me. The first one would be the biggest: a three-day ayahuasca ceremony held during a two-week trip to the Amazon.
Persons: Lindsay Roselle, , That's, they're, I've, Tess Martinelli Organizations: Service Locations: Colorado, Peru, tmartinelli
This is something I've been looking forward to as I prepare to run my first marathon on November 3. So I consulted Jena Brown, a sports dietitian specializing in endurance racing, who reviewed my plan for the week and suggested improvements. She told me I should aim for roughly 8-12 grams of carbs a day per kilogram of my body weight. After my shorter runs this week, I got a berry smoothie with 55g carbs and 27g protein (from protein powder). Cut down on fiber, fat, and spiceI used regular, refined flour pasta and blended pesto with cottage cheese to make the sauce.
Persons: Carbo, It's, carbo, tenderly undressing, Jena Brown, Julia Pugachevsky Brown, Brown, Ezekiel, Julia Pugachevsky, hydrating, I've, seltzer Organizations: Service, New York Times, Gatorade Locations: carbs
My mom wanted me to be in the armed forces; I wanted to be a rock starMy mother quickly didn't know what had happened to her son. Related storiesShe bought me a toy drum set, but I tore right through it after a month. Then she got me a junior drum set, which I tried to be careful with so as not to break it too. Eventually, I used bits and pieces from friends to make my own drum set. AdvertisementShortly after, Mom started dating a guy in a semi-professional band.
Persons: John Hardin, John, , Brady, I'd, Mom, it's Organizations: Service, Music, New Mexican Mafia Locations: Florida
Zelenskyy said Ukraine could strike North Korean troops there "'preemptively" with such permission. "Everyone is just waiting for the North Korean military to start striking at Ukrainians," he said. AdvertisementUkrainian President Volodymyr Zelenskyy has called on the West to lift restrictions on long-range weapons so Ukraine can strike North Korean troops in Russian "preemptively." In a post on Telegram on Friday, Zelenskyy said Ukraine could see "every site" where Russia was gathering North Korean troops on its territory. AdvertisementAustin added that North Korean troops would become "legitimate military targets" if they were to "engage in combat or combat support operations against Ukraine."
Persons: Volodymyr Zelenskyy, Zelenskyy, , Vladimir Putin, offcials, Lloyd Austin, Austin, LwAv51LwdX, Володимир Зеленський Organizations: North Korean, Service, Ukraine, US, Russian, North Korea, Thurdsay Locations: Russia, Ukraine, Korean, Russian, America, Britain, Germany, France, Kursk, Korea, North Korea, Japan, Ukraine's
Jackson Hole, Wyoming, is a billionaire hot spot next to Grand Teton National Park. I recently visited the ultrawealthy mountain town and was surprised by the airport and the housing. Enter Jackson Hole, Wyoming — the 60-mile-long valley bordering Grand Teton National Park. This section of Teton County comprising the towns of Jackson, Teton Village, Wilson, and others, has fewer than 11,000 residents. I got the nature getaway I expected but was surprised by many aspects of the region, from the luxe airport to the mansions in the mountains.
Persons: Jackson, , I've, Wilson, Kanye Organizations: Teton, Service, Economic, Institute Locations: , Wyoming, Texas, East Coast, New York City, it's, Teton, Teton County, Jackson, Teton Village, Portland , Oregon, Wyoming, luxe
Now 72, Greg Ho has run 43 marathons and plans to make that 100 before he turns 100. He had very little time to devote to exercise due to what he described to Business Insider as his "high-stress job" as the president of Spring Mountain Capital. Spring Mountain Capital and West Harlem Innovation NetworkThe marathon training program Ho embarked on "was miserable, and it hurt," he said. Running helps Ho to maintain his lifestyle"Physically and mentally, running enables me to perform while I get little sleep," he said. Spring Mountain, Ho's firm, backs the West Harlem Innovation Network, which develops new businesses and entrepreneurial talent in the underserved NYC neighborhood.
Persons: Greg Ho, , Ho, he'd, Robin Hood, Ho didn't, he's, we're Organizations: New York VC, Service, Business, Spring, Robin Hood Foundation, York, Robin, West Harlem Innovation, West Harlem Innovation Network, PLoS Medicine Locations: New York, Capital
Fast food chains say they're locked in a "value war" to win increasingly choosy US customers. As a flurry of summer deals come to an end, quick-serve chains say they're now locked in a "value war" to win increasingly choosy US customers. Between higher ingredient usage and other costs on the one hand, and a more competitive consumer economy, interim CEO Scott Boatwright said Chipotle was well-positioned to win the "value war" in fast-casual dining. "We absolutely believe that value in an environment of value-seeking consumers is not about only executing price-pointed promotions and value deals and value bundles — there's more to that." Plosch added that beyond the burger chain's creative promotions, the core menu remains essential to getting customers to come back.
Persons: , Michael Zuccaro, Chipotle, Scott Boatwright, Brian Niccol, who's, we've, Alex Kaleida, Chris Kempczinski, Kempczinski, Ian Borden, Shack, Robert Lynch, Gunther Plosch Organizations: Service, Starbucks
Goldman Sachs and JPMorgan predict relatively muted S&P 500 returns over the next decade. AdvertisementMuch has been said about the gloomy outlook for the S&P 500 that some of Wall Street's largest investment banks conveyed in recent weeks. Goldman Sachs said in October that the S&P 500 would return 3% annually, on average, over the next 10 years, underperforming current 10-year Treasury yields. Goldman Sachs"There is little argument that U.S. stock market valuations are elevated compared to historical averages. Investors appeared to do that, with the S&P 500 rising 0.4% on Friday to 5,728, 2.3% below all-time highs.
Persons: Goldman Sachs, Lance Roberts, Roberts, , It's, Goldman, Sam Kuhn Organizations: JPMorgan, RIA, Service, Bank of America, RIA Advisors, Bureau of Labor Statistics Locations: Wall
We spent one night on Fingal, a ship that's been converted into a luxury floating hotel. Our stay made us feel like we were on a cruise to nowhere in the best way. Go to newsletter preferences Thanks for signing up! So, we booked a stay at Fingal, Edinburgh's luxury floating hotel at Alexandra Dock, Leith. Fingal is an old Northern Lighthouse Board ship that's been converted into a luxury hotel.
Persons: , that's Organizations: Service, Northern Lighthouse Board, Royal Yacht Britannia Trust Locations: Fingal, Edinburgh, Scotland, Alexandra Dock, Leith
"Blended-wing" aircraft could be the future of commercial aviation. Airbus and startups JetZero and Natilus lead the development of these more efficient flying wings. Among the most likely concepts is a "blended-wing" body aircraft, which combines the fuselage and wing into one. A handful of companies have announced plans to build these unique vessels by the 2030s, including startups JetZero and Natilus and long-standing planemaker Airbus. The company has decades of experience designing commercial airplanes — leading the industry with its best-selling Airbus A320 family of similar capacity.
Persons: Organizations: Airbus, Service, Aircraft, US Air Force, Boeing, Pathfinder
Anxiety over the US election could be hurting some workers' productivity. One boss is considering letting his employees work remotely in the weeks after the election. She said some workers will be busy hitting refresh on news and social sites, looking for insight into how the election might swing. Yet that doesn't mean being overly indulgent or letting workers focus too long on issues that aren't germane to the business. Despite the widespread election worries, not every indicator signals that the vexing political climate is throwing off most workers.
Persons: , AJ Gareffa, they've, Gareffa, Macey, Felix Kim, he's, Kim, Gabriella Kellerman, Kellerman, Dorie Clark, That's, Clark, Christine Porath, Chapel Hill's, Porath, Discourtesy, it's, Gartner, hadn't, doesn't, It's Organizations: Service, Business, American Psychological Association, APA, Columbia Business School, University of North, Chapel, Flagler Business School, Human Resource Management Locations: Livonia , Michigan, Detroit, ResumeBuilder.com, New York City, University of North Carolina, Michigan
CEO Sam Altman explained the company's shift to closed AI models in a Reddit AMA on Thursday. AdvertisementWhy doesn't OpenAI open-source the AI models behind ChatGPT if the company is called OpenAI? Altman responded that open source "plays an important role in the ecosystem and there are great open source models in the world." The comments from Altman follow a year in which OpenAI has received criticism for no longer open-sourcing its AI models. "There is no single open source AI definition, and defining it is a challenge because previous open source definitions do not encompass the complexities of today's rapidly advancing AI models," the spokesperson said.
Persons: OpenAI, Sam Altman, , Altman, Elon Musk, ChatGPT, Musk, Ilya Sutskever, Mark Zuckerberg, OpenAI's GPT Organizations: Service, Microsoft, OpenAI, Meta, OSI
Almost 50,000 pounds of artisanal cheese were stolen in a sophisticated heist in the UK. AdvertisementOne of the most sophisticated cheese heists in history has left British cheesemakers reeling and facing an uncertain future. Neal's Yard unwittingly delivered the cheese, estimated to be worth about £300,000 ($390,000), to the fraudsters before realizing they were not legitimate buyers. "One of the things that made it so appealing was thinking that we'd see British cheese in a French supermarket." Calver said Neals Yard Dairy's ability to survive the financial loss is critical for the sector.
Persons: , fraudsters, Matt Austin, Ben, we'd, Trethowan, Tom Calver, they've, we've, Ticehurst, Brothers Todd, Maugan, David Lockwood, Calver, Todd Trethowan, Nicholas Saunders, Randolph Hodgson Organizations: Service, BBC News, Metropolitan Police, Business, Westcombe, Neal's Locations: French, British, London, Netherlands, Gouda, Trethowan, cheddar, Covent Garden
In 2014, during construction on a McDonald's in Italy, workers found an ancient road. McDonald's Italia supported restoration work on the road before building the restaurant over it. Visitors to the restaurant in Frattocchie can see the road and skeletons among its stones. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In 2014, workers building the restaurant on the outskirts of Rome stumbled upon an ancient Roman road.
Persons: , Gary He, Mario Federico, Trevi, Federico, Here's Organizations: McDonald's, Service, Daily Telegraph Locations: Italy, Rome
A high-protein diet helped me lose 35 pounds and stay in shape for six years. Staple foods like chicken, Greek yogurt, and chickpeas make following the rule easy. AdvertisementEating a high-protein diet helped me lose 35 pounds six years ago, cut my body fat percentage in half, and keep the weight off. So, I developed a simple strategy for eating enough protein, which I call the "4/5" rule. Here are some of the high-protein foods I always buy to make following the 4/5 rule easy.
Persons: chickpeas, , Nichola Ludlam, Raine, dollop, Rachel Hosie, con, Chili con carne, Chickpeas, I'm Organizations: Service Locations: Bolognese
Reno Mayor Hillary Schieve says city leaders should cut regulations that stymie construction. AdvertisementThe mayor of Reno, Nevada, argues that the single best thing city leaders can do to help solve one of the country's worst housing shortages is to loosen regulations on housing construction. As mayor, Schieve has celebrated the new jobs and the growth of arts and culture in Reno and its surroundings. Under Schieve, Reno has loosened some of its regulations by allowing for more density, reducing parking requirements, and cutting fees. Schieve, the former chairwoman of the US Conference of Mayors, said Reno's rules regarding affordable housing construction are relatively lenient.
Persons: Hillary Schieve, , There's, Schieve, Alex Horowitz, Tesla, she's, Joe Biden, Biden, Adrianne Todman, Donald Trump's, We've, we've, Vance, That's, Trump, Kamala Harris Organizations: Reno, Service, Apple, US, of Mayors, White Locations: Nevada, Reno , Nevada, Reno, Las Vegas
Airbnb is running a competition for families to win a free stay in a house in Primrose Hill, London. Locals told Business Insider they're tired of tourists flocking to the street. AdvertisementAirbnb's plan to host a competition for an overnight stay on a picturesque street featured in the "Paddington" movies has seemingly not gone down well with local residents. AdvertisementIn a press release for the competition, Airbnb said bookings for the property would open on November 3. ReutersIt's not the first time Airbnb has created immersive stay experiences based on popular movies and television shows.
Persons: they're, , Barbie Dreamhouse, I'm, Eve Crosbie, Airbnb, Reuters It's, Ted Lasso Organizations: Locals, Service, Gardens, Paddington, Browns, Business, Camden New Journal, Community Association, Windsor Gardens, British Film Institute, Reuters, Apple Locations: Primrose Hill, London, Primrose, Paddington Bear, Peru, Malibu, Chalcot, Windsor, Richmond , London
Being a traditional wife means wanting the best for my husband. AdvertisementMy journey to becoming a "trad wife" — or traditional wife — started in 2012 when I made dinner for a man I barely knew. I also knew I wanted to be the kind of old-fashioned wife we now call a trad wife. AdvertisementTo me, a "trad wife" isn't about how many kids you have. Being a traditional wife means I am secure in my place in this world and in my marriage.
Persons: , Hamburger, couldn't Organizations: Service Locations: Europe, Eastern Europe
North Korea said it tested a new long-range intercontinental ballistic missile this week. Related storiesPrior to this latest test, North Korea had last launched an ICBM test in December 2023, according to the James Martin Center for Nonproliferation Studies North Korea Missile Test Database. AdvertisementHowell said the latest test's reportedly longer flight time would suggest North Korea was "improving the sophistication of its delivery systems." "Through Moscow's assistance, North Korea has advanced its artillery and missile capabilities," Zelenskyy wrote. It comes as the US and South Korea held joint drone strike drills for the first time, South Korea's Yonhap news agency reported on Friday.
Persons: , KCNA, Kim Jong Un, Read, kA8m36NARX, Kim Jong, Virginie Grzelczyk, Grzelczyk, Edward Howell, James Martin, Howell, Lee Sangmin, Sangmin, Volodymyr Zelenskyy, Zelenskyy Organizations: Service, NK News, Korea, NK NEWS, School of Social Sciences, Humanities, Aston University, Korea Foundation, Chatham, Pacific Program, James Martin Center, Nonproliferation Studies North Korea Missile Test, South Korea's Korea Institute for Defense Locations: Korea, Japan, Korean, North Korea, Chatham House's Asia, South, Ukraine's, South Korea
The question for Ukraine is whether Kursk will fare better than Germany's Battle of the Bulge. AdvertisementWhen Ukraine unleashed its Kursk offensive in August, it wasn't just the Russians who were surprised. By massing forces for offensives in eastern Ukraine, this thinned out the rest of the 600-mile front line, including the Kursk region. For example, "Ukraine's military announced the 61st Mechanized Brigade would be moving to Vovchansk, a city in the northern sector of the fighting in eastern Ukraine," said TRADOC. Allied cryptographers had broken high-level German radio codes (the "Ultra" program), but German forces employed radio silence, and orders were conveyed by courier and telephone.
Persons: , TRADOC, Hitler, Oleksandr Syrskyi, wouldn't, Ukraine prepped, Michael Peck Organizations: Service, US, Kremlin, British, Armed Forces of, 61st Mechanized Brigade, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Russia, Ukraine, Kursk, Germany, Normandy, Ardennes, Belgium, Armed Forces of Ukraine, Nazi, Moscow, Forbes
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