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☆ Here's how much it costs to live in America's 10 most expensive cities
▼ + stars: | 2024-02-08 | by ( Madison Hoff | ) www.businessinsider.com time to read: +3 min

Business Insider looked at the monthly costs for households with two adults and two children from the Economic Policy Institute's " Family Budget Calculator ." 1 — or the most expensive among the metros analyzed by EPI — based on its monthly total cost of around $15,000. With a monthly cost of over $3,000 for housing, based on the cost of a two-bedroom apartment, this was the largest monthly expense among the seven categories for this area. Childcare was the largest monthly expense among the seven categories for Nassau-Suffolk, New York, for instance. Below are the most expensive metros ranked based on the monthly total for two adults and two children according to EPI.

Persons: —, EPI, EPI —, San Francisco wasn't, Jerome Powell, Powell, Paige Connell Organizations: Service, Business, Affordable, Francisco, metros Locations: California, San, Stamford, Norwalk , Connecticut, Nassau, Suffolk , New York

☆ People think self-driving cars should be 'better' than human drivers, executive says
▼ + stars: | 2024-01-19 | by ( Tom Carter | ) www.businessinsider.com time to read: +4 min

AdvertisementMany people think self-driving cars should be better than human drivers, an industry executive said. "There's a difference between an accident caused by a human driver, and an accident caused by an autonomous system," said Majors. Advertisement"I think that the expectation is that they have to be a lot better than a human driver, because when there is an accident and the computer's involved, there's less empathy or understanding." Majors said that Motional, a Hyundai-Aptiv joint venture developing autonomous technology, had operated more than 2 million miles autonomously with no at-fault crashes. Cruise, which was trialing "robotaxi" services that ferried passengers around San Francisco without a human driver, was forced to recall its entire fleet late last year.

Persons: Laura Majors, Motional, Cruise, —, Majors, Tesla, Elon Musk's, Robert Falck, " Falck Organizations: Hyundai, Tesla, Service, Economic, GM, Einride, Business Locations: San Francisco, Davos, Cruise, California

☆ People are fleeing California. Here's where they're plotting to move to.
▼ + stars: | 2023-12-04 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +3 min

San Francisco, Los Angeles, and San Diego residents are looking to move to Las Vegas and Seattle, Redfin found. Some parts of California are losing residents due to the high cost of living, politics, and crime. Bob Giramma, a 63-year-old business owner, moved away from San Diego and landed in Murfreesboro, Tennessee , a town 30 miles southeast of Nashville. Now residents of some of the most populous cities in California — Los Angeles, San Diego, and San Francisco — are eyeing other cities, according to home-listings site Redfin, which tracks where its users are house-hunting. Allan BaxterPeople looking to move out of San Francisco, Los Angeles, and San Diego, Redfin additionally found, are most often searching for homes in Las Vegas and Seattle.

Persons: Redfin, —, Bob Giramma, Giramma, Francisco —, Allan Baxter, relocators, Andrew Arevalo, he's, Arevalo Organizations: Service, Census Bureau, Business, California —, Las, Los, Denver Locations: California, San Francisco , Los Angeles, San Diego, Las Vegas, Seattle, Murfreesboro , Tennessee, Nashville, Tennessee, Texas, Arizona, Florida, Oregon, Colorado, California — Los Angeles, Francisco , Los Angeles, —, Vegas , Nevada, San, Los Angeles, Washington, Nevada, Millennials, Las, Vegas

☆ Cost of living in 32 of the biggest Midwestern cities
▼ + stars: | 2023-12-01 | by ( Madison Hoff | Cork Gaines | ) www.businessinsider.com time to read: +2 min

Chicago had the highest Cost of Living Index score among 32 Midwestern cities. Of the 32 Midwestern urban areas examined, 29 fell below the national average. However, the vast majority of the 32 large Midwestern cities included in the study are cheaper than the national average. The Council for Community and Economic Research, or C2ER, released its quarterly Cost of Living Index in October. Below are the 32 Midwestern places in our analysis ranked by their indexes from C2ER.

Persons: — Organizations: Chicago, Service, Midwest, for Community, Economic Research, Index, Detroit — Locations: Springfield , Missouri, — Illinois, Indiana , Iowa , Kansas , Michigan, Minnesota , Missouri , Nebraska, North Dakota , Ohio, South Dakota, Wisconsin, Florida , Texas, California, Chicago, Detroit, Milwaukee

☆ A boomer moved from Silicon Valley to a small city in Texas' Hill Country. He said the people are friendlier and his community is much more peaceful.
▼ + stars: | 2023-11-16 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +7 min

Bill Ross moved from the mountains of Silicon Valley to a city half an hour north of San Antonio. Leaving Silicon Valley behindRoss was born in Philadelphia and was raised in northern New Jersey. He worked at large companies and startups in Silicon Valley, and he tried starting his own company. He got married, had kids, and raised them in a home 20 minutes from the heart of Silicon Valley in the Santa Clara Mountains. By comparison, a study by Joint Venture Silicon Valley released in October found Silicon Valley's median home price was $1.53 million in 2022.

Persons: Bill Ross, —, Ross, Boerne, — Ross, he's, couldn't, didn't, Dallas, Austin, Realtor.com Organizations: Service, Oaks, Boerne Independent, . Census, Texans, Northeastern University, Texas Hill Country, Joint Venture Locations: Silicon, San Antonio, Texas, Silicon Valley, California, Boerne , Texas, Philadelphia, New Jersey, Boston, Santa Clara, Florida, North Carolina, South Carolina, Galveston, Texas Hill, Boerne, San Francisco, Bay, Antonio

☆ 'We like to develop in Texas': Why the Lone Star State keeps building offices that remain vacant
▼ + stars: | 2023-10-10 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +4 min

Texas developers continue to build offices, even though office-vacancy rates are high. That's because Texas developers build too much. Even with those numbers, Eckert told the Journal that new office completions in Texas eclipsed every other market. Part of that cleansing is converting office buildings into something new , giving them a chance at a new lease on life. Overall, Eckert isn't worried about the office vacancies in Texas, as that is just one data point that doesn't tell the whole story.

Persons: —, Manny Garcia, Thomas LaSalvia, Jeff Eckert, JLL's, Houston —, Brandon Bell, Houston's, Eckert, JLL, Eckert isn't, it's Organizations: Service, Lone Star State, Wall Street, Moody's, Texas —, Houston Locations: Texas, California . Texas, Texas — Austin, Dallas, Austin , Texas, Springs, Dallas , Texas

Millions of people in the South and the Southeast are at risk of severe thunderstorms, tornadoes and flash floods Tuesday and Wednesday, while a messy winter storm is expected to hit the Midwest and a separate storm slams California later this week. Threats of severe thunderstorms, flash floodsAs many as 20 million people from southeast Louisiana to south-central Alabama are at risk for severe thunderstorms Tuesday that could bring damaging wind gusts, large hail and some strong tornadoes, classified as having winds of more than 111 mph. The thunderstorms are expected to continue through the day and last into the overnight hours. In addition to the severe thunderstorms, flash flooding will also be a threat. St. Louis could see a high in the early 70s Tuesday before expected highs plunge to the high-30s and the mid-40s the rest of the week.

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