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☆ Some wealthy travelers are replacing their hot summer trips with 'coolcations'
▼ + stars: | 2024-10-28 | by ( Brittany Chang | ) www.businessinsider.com time to read: +7 min

Some luxury travel agents say more vacationers are seeking summer trips to cooler climates. In the summer of 2024, a growing number of travelers flocked to Greece as the country was experiencing deadly heatwaves and fires. Wealthy travelers are seeking out chill summersSome western European destinations like Iceland experienced a cooler-than-average summer. Roth has planned summer trips to the latter. AdvertisementA growing number of travelers are pushing their "Euro summer" trips to the fall to beat peak summer crowds and temperatures.

Persons: —, Spain —, Angelos Tzortzinis, Jackie Roth, Scott Dunn, Roth, Noppasin, Julie Durso, Melissa Biggs Bradley, Alexander Spatari, Sergio Pitamitz, Belles, Kent, Stefano Zaccaria, Patrick Quayle Organizations: Service, Eiffel, Getty, Scott Dunn Private, Airlines, New Jersey's Newark Liberty International, United Airlines Locations: Iceland, Norway, Finland, Europe, Italy, Greece, Portugal, Spain, Canada, Rome, Paris, Scandinavia, Maui, Hawaii, Ireland, France, Oslo, Copenhagen, Stockholm, Faroe Islands, Faroe, Sweden, Denmark, New, Nuuk, Greenland's, Madrid, Greenland

☆ For some wealthy travelers, fall is the new summer
▼ + stars: | 2024-10-22 | by ( Brittany Chang | ) www.businessinsider.com time to read: +8 min

Some luxury travel agencies say more travelers are vacationing in the fall instead of summer. Fall vacations are becoming trendyMore people are booking fall-time Airbnbs for leaf-peeping destinations like Acadia National Park. Paris, France is a popular destination for fall travelers. AdvertisementEuropean countries like France are popular with fall travelers. Positano, Italy Tom Murray / Business InsiderBefore the rise of shoulder-season vacations, travelers wanted to chase the best weather, Grumbach said.

Persons: —, Misty, John Greim, Hopper, Jackie Roth —, Scott Dunn, Scott Dunn —, — Scott Dunn Private's, Alexander Spatari, Roth, Julie Durso, Airbnb, Kelly Grumbach, Melissa Biggs Bradley, Indagare, Melissa Krueger, Convento, Anantara Convento, Estelle Vassallo, Italy Tom Murray, Grumbach, they're Organizations: Service, Misty Belles, Getty, Scott Dunn Private, Belles Locations: Portugal, Rome, Athens, Acadia, New York, Maine, Europe, Paris, France, Italy, United Kingdom, Tuscany, Cagliari, Sardinia, Amalfi Coast, Sicily, Capri, Amalfi, Positano

☆ I've lived on 3 continents. Our town in Canada surpassed my expectations, but London let me down.
▼ + stars: | 2024-10-04 | by ( Melissa Noble | ) www.businessinsider.com time to read: +5 min

I later moved to London and felt disappointed — it was harder to build community in a big city. AdvertisementOur town in Canada immediately felt like homeThere was a lot of beauty we could access for free or cheap in the Canadian Rockies. At the same time, the cost of living in London felt astronomical compared to Banff. London just didn't have the same sense of community as our town in Canada. For me, our town in the Rockies felt more like home, and I'd still move back in a heartbeat.

Persons: —, texted, I'd, Canadians —, it'd, Alexander Spatari, we'd, would've Organizations: Canadian Rockies, Service, thipjang, Canadians, Rockies, National Insurance Locations: Australia, London, Banff, Canada, American, Europe, South America

☆ Travel news: US airport made a ‘confusing’ name change – here’s how it’s going
▼ + stars: | 2024-09-28 | by ( Lilit Marcus | ) edition.cnn.com time to read: +7 min

The name gameIn May, California’s “Metropolitan Oakland International” changed its name to “San Francisco Bay Oakland International Airport” – despite the fact that San Francisco International Airport is just 30 miles (48 kilometers) away. Some travelers have shown up at the wrong airport, according to San Francisco City Attorney David Chiu. Maureen O'Hare/CNNMixing up similar-sounding airport names is just one of the things that can go wrong for travelers. Meanwhile, belonging to a frequent flyer program can give you access to airport lounges or help you score an upgrade. Patricia Mahan and Dan Matarazzo left Arizona for Mexico in 2006.

Persons: Helene, California’s, There’s, David Chiu, “, Mary Richardson, Maureen O'Hare, Patricia Mahan, Dan Matarazzo, Patricia, Dan Fresh, ”, Mahan, “ Kritsa, ” Patricia, Dan, Sofia, Dan New, They've, Tommy Cahill, iStock, ” Mahan, Alexander Spatari, Caesar, Giorgio Franchetti, grouses Organizations: CNN, California’s “ Metropolitan Oakland International, “ San Francisco Bay, International, San Francisco International, San, Oakland, Department of Transportation, CNN Travel, Getty, Cathay Locations: Mexico, San Francisco Bay, California’s “, “ San Francisco, Port, Oakland, San Francisco City, San Francisco, Bucharest, Budapest, Tucson , Arizona, Greece, Kritsa, Agios Nikolaos, Crete, Arizona, North America, Europe, Rome, Cathay Pacific

☆ Britain's ultra-wealthy are threatening to exit en masse ahead of proposed tax changes
▼ + stars: | 2024-09-20 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +9 min

They're just a few of the destinations trying to lure away the U.K.'s uber wealthy ahead of proposed changes to the country's divisive non-dom tax regime. They will also be prevented from avoiding inheritance tax on assets held in trust. The majority (83%) cited inheritance tax on their worldwide assets as their key motivator for leaving, while 65% also referenced changes to income and capital gains tax. Where the wealthy are movingIt comes as other countries are shaking up their tax regimes to incentivize wealthy investors. Ultra-wealthy U.K. citizens, who are typically highly active in the super-prime market, are also in "wait and see" mode ahead of possible changes to capital gains and inheritance tax.

Persons: Keir Starmer, Rachel Reeves, Macleod, Miller, they'll, Leslie Macleod, Helena Moyas de Forton, Moyas de Forton, Labour's, Alexander Spatari, I'm, Marcus Meijer, Mark, CNBC's, it's, James Myers, Oliver James, Myers, Knight Frank, Stuart Bailey, Knight Frank's, they're, Bailey Organizations: Old Bond, Pawel, Bank, Getty, Labour, Oxford Economics, Conservative, Investors, Britain, CNBC, Treasury, EMEA, Christie's, Estate, Henley & Partners, Monaco, London, Istock Locations: Old, Mayfair, London, United Kingdom, Monaco, Italy, Switzerland, Dubai, They're, Britain, Greece, Malta, Caribbean, Bahamas, Monte Carlo, Gibraltar, South Kensington, England

☆ 7 of the 10 most expensive cities to live in the world are in the United States—see the full list
▼ + stars: | 2024-08-04 | by ( Celia Fernandez | ) www.cnbc.com time to read: +2 min

San Francisco ranked as one of the most expensive cities to live in, according to Numbeo. 1 most expensive city to live in: Geneva, SwitzerlandCost of Living Index Score: 101.7 Geneva, Switzerland, is the most expensive city in the world to live in, according to the Cost of Living Index. 10 most expensive cities in the worldGeneva, Switzerland Zurich, Switzerland New York, New York San Francisco, California, United States Boston, Massachusetts, United States Reykjavik, Iceland Washington D.C., United States Seattle, Washington, United States Los Angeles, California, United States Chicago, Illinois, United States Zurich is the No. 2 most expensive city to live in the world. New York City, New York, United States Alexander Spatari | Moment | Getty Images

Persons: Numbeo, ‘, Switzerland Alberto Mazza, Switzerland Didier Marti, United States Alexander Spatari Organizations: Francisco, City, Big Apple, Cities, United Nations, Iceland Washington D.C Locations: New York City, States, Geneva, Switzerland, New York, Switzerland Zurich, Switzerland New York , New York San Francisco , California, United States Boston , Massachusetts, United States Reykjavik, Iceland Washington, United States Seattle, Washington, United States Los Angeles , California, United States Chicago , Illinois, United States Zurich, Zurich, Numbeo, New York City , New York, United States

☆ UK inflation holds steady at Bank of England's 2% target, above expectations
▼ + stars: | 2024-07-17 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

Alexander Spatari | Moment | Getty ImagesU.K. inflation held steady at the Bank of England's 2% target in June, Official National Statistics data showed Wednesday. The headline reading came in above analyst expectations at 1.9%, according to economists polled by Reuters, and was in line with the previous 2% reading in May. Sterling rose slightly shortly after the release, trading at $1.2977 by 7:21 a.m. London time. Services inflation — which is closely watched by the BOE, given its dominance within the U.K. economy and its reflection of domestically-generated price rises — remained at 5.7% in June. Core inflation, excluding energy, food, alcohol and tobacco, was 3.5%, also on par with the 3.5% recorded in May.

Persons: Alexander Spatari, Sterling, BOE, Taylor Swift, Bruce Springsteen, Pink Organizations: Bank of England's, National Statistics, Reuters, Consumers, Sting, Bank of England Locations: London, —

☆ These are America's best states for quality of life in 2024
▼ + stars: | 2024-07-13 | by ( Scott Cohn | ) www.cnbc.com time to read: +13 min

A married couple with a median income can expect to pay nearly 15% of it on child care, according to Child Care Aware of America. 2024 Quality of Life Score: 211 out of 325 points (Top States Grade: B) Strengths: Worker Protections, Inclusiveness, Reproductive Rights Weaknesses: Child Care, Air Quality9. 2024 Quality of Life Score: 213 out of 325 points (Top States Grade: B) Strengths: Worker Protections, Inclusiveness, Voting Rights, Reproductive Rights Weaknesses: Crime, Air Quality, Child Care, Health Care7. 2024 Quality of Life Score: 222 out of 325 points (Top States Grade: B+) Strengths: Health, Air Quality, Crime Weakness: Child Care6. 2024 Quality of Life Score: 265 out of 325 points (Top States Grade: A) Strengths: Crime, Child Care, Health Care, Inclusiveness Weakness: Air Quality1.

Persons: York Alexander Spatari, Brent Doscher, Colin Keaveney, —, Michael Pomante, United Democracy Institute . Long, Jay Inslee, Maine Daniel Grill, Mount Mansfield, Corey Hendrickson Organizations: Companies, Business, Oxfam America, FBI, America ., Care, Getty, United Health Foundation, Center, Election Innovation, Research, Health, Massachusetts People, Financial, First Street Foundation, Connecticut, Washington State, of Columbia, Arizona —, Oregon, Guttmacher Institute . Oregon, United Democracy Institute ., Center for Public, Oregon —, Washington, Evergreen, Democratic Gov, iStock, Mayo Clinic, North Star State, Reproductive, National Conference of State Legislatures, Vermont Locations: States, York, America, America . New York, New Hampshire Cavan, Cavan, Granite State, —, New Hampshire, Research , New Hampshire, Boston Harbor, Boston , Massachusetts, Bay, Massachusetts, New England, Connecticut, England, California, Golden State, Arizona, Hawaii Honolulu, Hawaii, Idaho, Bend , Oregon, Oregon, Beaver, Washington, Mt, Rainier, Park, Columbia's, Minnesota, New Jersey, Jersey, Maine, Northeast, Mount

☆ Home equity is near a record high. Tapping it may be tricky due to high interest rates
▼ + stars: | 2024-06-10 | by ( Greg Iacurci | ) www.cnbc.com time to read: +5 min

But tapping it may be tough due to high interest rates, according to financial advisors. Reverse mortgageA reverse mortgage is a way for older Americans to tap their home equity. A reverse mortgage is likely best for people who have much of their wealth tied up in their home, advisors said. A home equity conversion mortgage (HECM) is the most common type of reverse mortgage, according to the Consumer Financial Protection Bureau. watch nowA reverse mortgage is available as a lump sum, line of credit or monthly installment.

Persons: Selma Hepp, Hepp, Lee Baker, Atlanta . Baker, Kamila Elliott, Grace Cary, Elliott, Baker, Alexander Spatari, Cash Organizations: Getty, Apex Financial Services, Collective Wealth Partners, Consumer Financial, Bureau Locations: Cultura, Atlanta .

☆ With congestion pricing stop, New York City enters new era of economic gridlock
▼ + stars: | 2024-06-09 | by ( ) www.cnbc.com time to read: +9 min

Alexander Spatari | Moment | Getty ImagesAs U.S. cities continue their recovery from the pandemic and inflation, New York City was expected to provide a key national test for the economic value of congestion pricing. A cost of living crisis, preparing for climate challenges, and aging infrastructure, including public transportation, all made the congestion pricing plan make sense to many. Her group also has supported a congestion pricing plan for two decades. The long, and often losing, history of congestion pricing The battle over congestion pricing in New York City has a much longer history than you may think. In 2007, then-New York City Mayor Michael Bloomberg made the case for congestion pricing, but couldn't get enough support in the state's capital.

Persons: Alexander Spatari, United States —, Kathy Hochul, Hochul, JPMorgan Chase, Jamie Dimon, —, Kathryn S, Wylde, Josh Gottheimer, William Vickrey, Michael Bloomberg, Andrew Cuomo, Cuomo, that's, Gottheimer Organizations: Metropolitan Transportation Authority, MTA, New, Business District, Gallup, JPMorgan, New York's Department of Transportation, Partnership, Community Service Society, MTA Traffic, Regional Plan Association, Jersey Transit, New York City, New York Times, New York, Buffalo . Rep, Buffalo Bills Locations: New York City, United States, Covid, Manhattan, New York, New Jersey, New Jersey's Sussex County, Jersey, Connecticut, Long Island, Southeastern New York, New, Buffalo

☆ Asia's top 4 up-and-coming rental markets that may be challenging traditional property hubs
▼ + stars: | 2024-05-31 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +3 min

Bangkok, Thailand has seen an 18.1% growth in residential rental prices on a year-on-year basis, according to JLL. Alexander Spatari | Moment | Getty ImagesSingapore and Hong Kong are generally considered Asia's more vibrant real estate markets. But some up-and-coming cities are giving these traditional hubs a run for their money, with some even beating them on rental yields. The following four cities have led the recovery in rental growth in Asia so far this year:Bangkok, ThailandResidential rental growth in Q1 2024 (y/y): +18.1% Average price to rent: THB 8,292 (about $226) per square meter annually "Rental demand has been surging in Bangkok," Allan said. This rental growth has been influenced by the stronger rent prices recorded in new high-quality offerings in the city, according to the report.

Persons: JLL, Alexander Spatari, Hong Kong, Roddy Allan, Allan, Ho Organizations: Getty Images, realty, Pacific Chief, CNBC Locations: Bangkok, Thailand, Getty Images Singapore, Hong Kong, Hong, Ho Chi Minh City, Jakarta, Manila, Asia, Pacific, expats, Vietnam, Indonesia, Philippines

☆ I grew up in Florida and used to want to live anywhere else. Now that I'm older, I wouldn't dream of leaving
▼ + stars: | 2024-05-17 | by ( Ashley Archambault | ) www.businessinsider.com time to read: +5 min

Now that I'm an adult, and I've traveled all around the state and country, I've grown to appreciate where I'm from. I spent the first 24 years of my life in Miami, and now live in a smaller Central Florida town off of the Space Coast. Although I wouldn't live in Miami again, I'll happily keep a quaint old Florida town near the beach as my forever home. Fortunately, I'd say it's really only brutally hot in Florida for three months out of the year, from July through September. Living near a beach is important to meI'm embarrassed to admit that I used to take the beach for granted.

Persons: —, I've, I'm, Alexander Spatari, Augustine, Ernest Hemingway, you've Organizations: Service, Business, Getty, Sunshine States, Disney Locations: Miami, Florida, Central Florida, snowbirds, St, America, Key West

☆ Higher-paid employees looking for work are having a tough time, and it could be a sign of a shift in the workplace
▼ + stars: | 2024-04-30 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In today's big story, we examine how tough the job market is for the well-paid employee . That's the current job trend, as higher-paid employees are having trouble finding work despite a historically strong labor market. iStock; Rebecca Zisser/BIThe so-called white-collar recession could also have a lasting impact on the job market for high earners. AdvertisementIt speaks to the broader theme of efficiency Big Tech companies have touted for the better part of a year .

Persons: —, Alyssa Powell, Insider's Aki Ito, BI's Emily Stewart, Aki, Rebecca Zisser, Wall, There's, Christine Ji, Kenneth Tan, Alexander Spatari, Abanti Chowdhury, Christine Ji's, Raymond James, Larry Adam, Goldman Sachs, Elon Musk, Premier Li Qiang, Beijing . Wang Ye, Musk, Li Qiang, Jensen Huang, Douglas Sacha, Getty, Bob Bakish, Shari, David Kohl, Shopify, Changpeng Zhao, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Business, Service, Hamptons, Big Tech, Tech, Amazon, Bank of America, Elon, Premier, AP Elon Musk's, Federal Reserve, Paramount Locations: America, Beijing ., Xinhua, China, New York, London

☆ New York and other states are using AI to hunt down wealthy remote workers and demand more tax
▼ + stars: | 2024-04-16 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewNew York is the millionaire capital of the world, but some of those who want to stay rich are fleeing to low-tax states like Florida and Texas. The state tax department has a solution: AI letters. It is sending hundreds of thousands of AI-generated letters, mostly to wealthy remote workers or those who require a change in tax residency, according to CNBC. There were 771,000 audits in New York in 2022, according to a recent report by the state Department of Taxation and Finance cited by CNBC.

Persons: —, That's, Alexander Spatari, Mark Klein, Hodgson Russ LLP, it's, It's, Klein, Shakira Organizations: Service, CNBC, Business, of Taxation, New, Henley, Partners, €, York's Department of Taxation, Finance Locations: Florida, Texas, New York, New York City, York, Bahamas, Spain

☆ New Yorkers who make six figures won't save as much moving to Texas and Florida anymore
▼ + stars: | 2024-03-25 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +6 min

New Yorkers have historically moved to Florida and Texas to save money on taxes and other expenses. AdvertisementIn December, Rahul Sen Sharma told Business Insider that he was moving from New York to Miami — and bringing his company with him. New Yorkers moving to Texas for many of the same reasons will also face sticker shock. The savings gained by moving to Florida and Texas are dwindlingUtilities, gas, and housing are just a few expenses that have gotten pricier in Florida and Texas since 2019. "The property-tax percentage rate is higher," Marie Bailey, a Texas real-estate agent who moved from California, told Business Insider's Alcynna Lloyd.

Persons: —, Rahul Sen Sharma, Sen Sharma, BI's Phil Rosen, Jeff Bezos, Ken Griffin, SmartAsset, Dallas, Alexander Spatari, Realtor.com, Jaclyn DeJohn, SmartAsset's, Wager, Robert Walsh, Marie Bailey, Insider's Alcynna Lloyd Organizations: Service, Miami —, Bloomberg ., New, Miami, relocators, Miami . Miami Beach, Bloomberg, Business, Sunshine State, CBS, Fort Locations: Florida, Texas, New York, Miami, NYC, Austin, Florida and Texas, Dallas, Miami ., Manhattan, Fort Lauderdale , Florida, Fort Lauderdale, California

☆ 'Quiet luxury' was once all about fashion — but now it describes how the top 1% travel too
▼ + stars: | 2024-03-22 | by ( Helen Iatrou | Rob Goss | ) www.cnbc.com time to read: +4 min

Big-ticket travel experiences like those are indicative of the "quiet luxury" trend which began in the world of fashion, with timeless lines trumping brand-blaring outfits. Less limelight, more connectionJaclyn Sienna India, the founder of the ultra-luxury travel company Sienna Charles, said she considers herself a longtime quiet luxury disciple. Monaco has long been a playground for the elite, but wealthy travelers are increasingly opting for more remote locations, say luxury travel advisors. But another important aspect of the quiet luxury movement concerns security. For them, quiet luxury travel is about exclusivity and privacy, she said.

Persons: Jaclyn Sienna India, Sienna Charles, Vietnam's, Alexander Spatari, It's, Sean De Burca, George W, Bush, Erica, Erica Jackowitz, Jackowitz, Sienna India, Thomas Barwick, Roger Federer, Erica's Erica Jackowitz, Anastasiia Organizations: Monaco, Bank, Getty, Digitalvision, Henley, Partners Locations: Antarctica, Svalbard, Paris, Monaco, Chi Minh City, India, Brazil, Ethiopia, New York City, Africa

The BOJ will now look to utilize its short-term interest rate as its primary policy tool. It will employ an interest rate of 0.1% to current account balances held by financial institutions at the central bank from March 21, while encouraging the uncollateralized overnight call rate (another interest rate used as a policy lever by the bank) to remain at around 0 to 0.1% — effectively raising interest rates from -0.1% previously. It would resort to "nimble responses" in the form of increased Japan government bond purchases and fixed-rate purchases of JGBs, among other things, if there is a rapid rise in long-term interest rates. Japanese investors have looked elsewhere for better returns given years of artificially depressed interest rates in their home market. The Fed is due to announce its own interest rate decision on Wednesday.

Persons: Japan Alexander Spatari, Kazuo Ueda, Rob Carnell, BOJ, Ueda, Michael Brown, —, JGBs, Vishnu Varathan, Hayden Briscoe, Briscoe Organizations: Japan's, Japan Inc, Asia, ING, CNBC, Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group, Mizuho Financial Group, Bank of America, Barclays, U.S . Federal, UBS Asset Management Locations: Dotonbori, Japan, Japan's, U.S, Mizuho's, Asia

☆ From the ocean views to naming the crocodiles: 4 Citadel employees open up about life in Miami two years after Ken Griffin made Florida his new home
▼ + stars: | 2024-03-14 | by ( Emmalyse Brownstein | ) www.businessinsider.com time to read: +18 min

Two of the people we spoke with moved from New York City, one from London, and one from Seattle. Citadel's Miami office overlooks the Biscayne Bay and downtown Miami. Citadel and Citadel Securities also cover the cost of a weeklong visit to Miami for employees and significant others who are considering moving there. Cupjin Huang just started his job as a quant researcher for Citadel Securities this year. AdvertisementCupjin Huang, a quant researcher at Citadel Securities, in Miami with his dog Rufus.

Persons: —, it's, Ken Griffin, Thoma Bravo, Goldman Sachs, Griffin, Lin, Manuel Miranda's, Hamilton, Maksim Solovjov, Miami doesn't, Rich Cummings, there's, Liz Boyhan, Cupjin Huang, Huang, Rufus, Pitbull, that's, Cummings, Solovjov, It's, you'll, Alexander Spatari, Inrix, she's, haven't, Fortune, he's, Boyhan, I've, fiancé Organizations: Service, Southeast Financial Center, Citadel Securities, Business, Bloomberg, Citadel, Citadel Citadel, Miami Dolphins, Miami, Prix, Citadel's, Downtown, Alibaba, BI, Key, New, New York City, Transportation, Fairchild, Botanic, Miami - Dade, Miami Beach, Google, UBS Locations: Miami, Biscayne Bay, Fisher, South Beach, York, Wall, New York, United States, New York City, London, Seattle, Magic, Bay, Florida, Downtown Miami, Brickell, Chihuahua, Hawaii, —, Orlando, Los Angeles, Coral Gables, Fairchild, Italian, Tua, Solovjov, Manhattan

☆ People can't believe an NYC studio with an open shower in the kitchen costs this much
▼ + stars: | 2024-03-08 | by ( Maria Noyen | ) www.businessinsider.com time to read: +4 min

People are aghast at a video of an NYC studio apartment with an open shower in the kitchen. The small apartment in downtown Manhattan had been on the market for two months at $3,495 a month. AdvertisementNew York City rents are no joke, but people are finding the monthly fees of a small Manhattan apartment with an open shower in the kitchen laughable. The camera pans over the shower, located steps from the door and the refrigerator of the open kitchen. In 2023, BI's Hana R. Alberts reported on a bidding war by prospective renters over a studio apartment without a bathroom listed for $2,350 a month because of its location in Manhattan's Greenwich Village.

Persons: isn't, —, Elizabeth, it's, Alexander Spatari, wasn't, BI's Hana, Alberts, David Brand Organizations: Service Locations: NYC, Manhattan, York City, Soho, NYC's, Nolita, Midwest, Little Italy, NYC New York, York, Greenwich, it's

☆ Florists share the 7 mistakes to avoid when buying someone flowers
▼ + stars: | 2024-02-12 | by ( Alyssa Towns Swantkoski | ) www.businessinsider.com time to read: +4 min

Business Insider asked florists about mistakes people make when buying flowers. AdvertisementAhead of Valentine's Day, Business Insider asked florists to share mistakes people make when buying and ordering bouquets. Colleen McGing , a floral and event designer, told Business Insider that consumers might get a better value by trusting the pros. “Florists aren’t equal, so it’s important to read reviews, look for certifications, and ensure a florist’s professionalism and reliability before ordering,” he told BI. Factor in hidden costs and delivery fees when ordering flowers onlineWhen ordering flowers online, beware of add-on costs that can make an arrangement cost significantly more than you'd think.

Persons: —, florists, aren't, Colleen McGing, ”, McGing, Igor Podyablonskiy, Podyablonskiy, Elena Noviello, Rachel Cho, Cho, Alexander Spatari, premade, ” McGing Organizations: Service, Business, Research

☆ Asia markets slide as investors assess private factory activity surveys; U.S. inflation cools further
▼ + stars: | 2023-12-01 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

Neon ads in Dotonbori district, Osaka, Kansai region, Japan Alexander Spatari | Moment | Getty ImagesAsia-Pacific markets started Friday lower even as Wall Street mostly saw gains and ahead of private factory activity surveys from across the region. Most notably, investors will be watching China's Caixin manufacturing purchasing managers' index for November, after official numbers Thursday showed the country's manufacturing sector contracting for a second straight month. PMI readings are also due from Japan, South Korea and India on Friday. Japan's Nikkei 225 was marginally below the flatline, but the Topix bucked the trend and opened 0.21% higher. Futures for Hong Kong's Hang Seng index stood at 17,052, also pointing to a positive open compared with the HSI's close of 17,042.88.

Persons: Japan Alexander Spatari, Kospi Organizations: PMI, Nikkei Locations: Dotonbori district, Osaka, Kansai, Japan, Asia, Pacific, South Korea, India, Australia

☆ Iron deficiency could be making millions of Americans tired. 5 foods high in iron, from meat to produce, could help fix it.
▼ + stars: | 2023-11-27 | by ( Kate Hull | ) www.businessinsider.com time to read: +5 min

Alexander Spatari/ Getty ImagesIron comes in two different forms: heme iron and nonheme iron. Animal products contain heme iron, which comes from hemoglobin — a protein responsible for transporting oxygen in blood. Roughly 25 to 30 percent of heme iron is absorbed by your body, according to a 2019 study . However, these foods contain nonheme iron — a type of iron that is not as readily absorbed by the body. Witthaya Prasongsin/ Getty ImagesWhite beans are a good source of nonheme iron: A 1-cup serving of canned white beans contains 8 mg of nonheme iron .

Persons: —, Alexander Spatari, Prasongsin, it's Organizations: Service, American Society of Hematology, National Institutes of Health, Consumer

☆ The hidden woes of being in a relationship with a startup founder
▼ + stars: | 2023-11-15 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

In today's big story, a Business Insider reporter gives her unique perspective on navigating life as a startup founder's wife. The big storyA founder's other backerJosh Cochran for InsiderThe startup world is not for the faint of heart. Melia's account of her relationship with Kyle and his startup is equal parts entertaining, heartwrenching, and informative. AdvertisementJosh Cochran for InsiderAs if being a founder spouse wasn't difficult enough, Melia has the bonus of covering the space as a reporter. And while that's true of any relationship, it's especially pertinent in the volatile startup ecosystem.

Persons: —, Josh Cochran, it's, Insider's Melia Russell, Kyle, Melia, takeaways Melia, Lennihan, Alexander Spatari, Pete Weir, Weir, — it's, HENRY, Steve Irwin, Satya Nadella, Bolton Clarke, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Brandon Bell, Getty, Associated Press, Apple, Google, US, York City, Discovery Education, Australia, Microsoft, Cisco Locations: Brandon, York, New York City, San Diego, London, New York

☆ World economy to perform better than expected in 2024, says Goldman Sachs
▼ + stars: | 2023-11-14 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +3 min

The U.S. is expected to outpace other developed markets again with estimated growth of 2.1%, Goldman said. Goldman noted global manufacturing activity has been weighed down by a weaker-than-expected rebound in Chinese manufacturing and the European energy crisis, as well as an inventory cycle that had to correct for overbuilding last year. S&P Global's gauge of worldwide manufacturing activity came in at 49.1 in September. Additionally, China's Caixin/S&P Global manufacturing PMI fell to 49.5 in October from 50.6 in September, marking the first contraction since July. Manufacturing activity should recover somewhat in 2024 from a subdued 2023 pace, Goldman economists led by chief economist Jan Hatzius said, especially as "spending patterns normalize, gas-intensive European production finds a trough, and inventories-to-GDP ratios stabilize."

Persons: Goldman Sachs, Goldman, Jerome Powell, Jan Hatzius, China's Organizations: Bloomberg, U.S . Federal Reserve, Global, Goldman Sachs, P Global, PMI Locations: York, U.S, Japan

☆ Here's why it 'doesn't make financial sense' for Americans living abroad to give up their U.S. citizenship, one expert says
▼ + stars: | 2023-11-10 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +4 min

"It typically doesn't make financial sense, and there's a few reasons why," said Italy-based Alex Ingrim, a financial advisor at Chase Buchanan Wealth Management. While there may be some instances where "the pain of being American" arises in the tax liability, "you're very rarely double-taxed" as an American, Ingrim said. Similarly, if you earn Portuguese income and pay Portuguese income taxes, you will get some credits on your U.S. filing for taxes paid overseas, according to Boudreaux. However, they still have the U.S. tax liability. "For those people, it's a pain, and [they] opt for giving up their citizenship to avoid paying taxes," Ingrim said.

Persons: Alexander Spatari, Alex Ingrim, Ingrim, Jude Boudreaux, expats, Boudreaux, Jordi Mora Igual Organizations: Chase Buchanan Wealth Management, Planning, Social, CNBC FA Locations: Italy, New Orleans, U.S, Portugal, Monaco, Dubai

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