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Like rural communities across the country, Celina is seeing a housing boom that made it America’s fastest growing city in 2023. With more than 200 people moving there each week, the city projects it will have more than 100,000 residents by 2029. “Southern Collin County is just getting really, really, really expensive. Keeping Celina relatively affordable has also been a challenge for local officials with the typical home now selling for around $550,000. As land prices go up in Celina, developers like Plute’s Swindell are looking even further north to be able to build homes in the $300,000 price range.
Persons: Suzanne D’Amico, , D’Amico, Ryan Tubbs, Prosper, Anna, Bryan Swindell, , Celina, LaCinda Russell, She’s, I’ve, Russell, Collin County, Kelcey Kasper, “ They’re, ” Kasper, Jasmine Hughes, Hughes, ” Hughes, Luke Thigpen, ” Thigpen, she’s, “ We’ve, “ I’ve Organizations: U.S . Department of, Celina, homebuilders, PulteGroup’s Dallas Division, Walmart, Costco, Nationwide, Locations: Dallas, Celina , Texas, Celina, America, California, Collin County, Princeton, Collin, Frisco, McKinney, Princeton , Texas, North Texas, it’s
AdvertisementTed Danson is thankful he didn't meet his wife, Mary Steenburgen, until later in life. "I was not really fully emotionally baked until shortly before I met Mary," Danson told People. Ted Danson has one thing to be grateful for this year — not meeting his wife, Mary Steenburgen, until later in life. The year before he met Steenburgen, he made a commitment to work on himself. AdvertisementDanson and Steenburgen met in 1983 when he auditioned to play her on-screen husband in "Cross Creek."
Persons: Ted Danson, didn't, Mary Steenburgen, Mary, Danson, Steenburgen, Steenburgen would've, Lindsay C, Gibson, Dr Organizations: Business
While richer people are expanding their footprint in the holiday travel mix, lower-paid ones are shrinking theirs: Households making under $50,000 are set to make up just 23% of travelers, down from 28% a year ago, Deloitte found. Indeed, the luxury travel network Virtuoso said it’s seen seasonal bookings surge 37% since last year among its high-end clientele. Some 64% of Americans plan to take more than one trip this holiday season, Deloitte found, up from 57% in 2023. “These travel choices may suggest that people are looking to save money, likely choosing cheaper options to keep their travel costs down,” the researchers wrote. Ted Rossman, senior industry analyst for Bankrate, said there are signs that “inflation continues to strain holiday travelers in a big way.” The consumer finance company found 86% of households making less than $100,000 annually expect to change their holiday travel plans due to cost increases (although a hefty 77% of six-figure earners said the same).
Persons: , Kate Ferrara, Jan Freitag, Jonathan Kletzel, Hopper, Misty Belles, they’ll, PwC, Ted Rossman, Bankrate, travers Organizations: Deloitte, , PricewaterhouseCoopers, Shoppers Locations: Mexico, Caribbean, Europe
Neither child plans on having any kids of their own. In fact, the older one is so sure about not having kids that she scheduled herself for surgical sterilization. AdvertisementI actually never gave much thought to the idea of being — or not being — a grandmother in the past. As it became clear it was not a phase, that neither of them would be having kids in the future, I still didn't have strong feelings. It sounds like we'll have a lot of free time on our hands to do whatever we want to do.
Persons: I'm, it's, Jonathan Vespa, nope Locations: United States, Japan, France, Italy, South Korea
This week, bill pay service doxo released The Bill Pay Economy™ 2024. In the report, shared exclusively with CNBC Make It, doxoINSIGHTS found that Americans spend close to $3.35 trillion per year on the ten most common household bills. Using data sourced from bill pay activity on the doxo platform, and rent and mortgage numbers from the U.S. Census, they analyzed costs across the 50 largest cities in the country to rank the most — and least — expensive. "The biggest indicator of an expensive place to live is housing," Powell says. "People spend the most on where they live, whether that's mortgage or rent."
Persons: doxo, doxoINSIGHTS, Liz Powell, Powell Organizations: CNBC, Census, Utilities, Cable, Mobile, West Coast Locations: U.S, West, West Coast ., California
But for some employees, it might be a matter of getting paid fairly. If you suspect you're being compensated less than your peers, it's important to advocate for yourself. "Asking for parity is about asking for more money because you've been offered less by the company compared to other people at the same level." Today, women are paid 84 cents to a man's dollar, according to a National Women's Law Center analysis of U.S. Census Bureau data. If you think that you're making less than your peers, here's how to go about making the case for equal pay.
Persons: you've, Gorick Ng Organizations: Harvard University, Women's Law, Census
Across the country, high-quality, accessible and affordable early child care can be difficult to find. “But what we could do instead was really focus on family child care homes. They give us the opportunity to add child care in a family setting,” she added. According to the Census Bureau, 35% of parents with children under age 5 have no formal child care arrangements. Lynnette Washington, a member of the inaugural 3by3 program cohort, plays with children at her Mama B’s Rising Stars daycare.
Persons: , Holly Glasgow, , B’s, Angie Williams, Steve Barnett, ” Barnett, ” Glasgow, we’ll Organizations: Shelton State Community College, NBC, Census, Glasgow, National Institute for Early Education Research Locations: Alabama, Tuscaloosa, , Glasgow, Shelton State, Tuscaloosa County, Washington, Lynnette Washington, ” Glasgow
AdvertisementMillions of Americans live abroad, including in Mexico and Canada. It's hard to know exactly how many US citizens live overseas and all their reasons for moving. Whether it's wanderlust, retirement, cost of living, family ties, or other reasons, some Americans long to live abroad. Using census data, the Association of Americans Resident Overseas estimated the countries with the highest number of US citizens. Here are the top 10 countries where Americans are choosing to live after they leave the US, according to the AARO.
Persons: it's wanderlust, Doris L, Speer Organizations: Association of Americans, Overseas Locations: Mexico, Canada, Australia
AdvertisementPresident-elect Donald Trump is expanding his plans for tariffs on Mexico, China, and Canada. Trump's tariff plans could face legal issues, and he may choose not to implement them. The Census Bureau reported that in 2023, the US imported a total of about $1.3 trillion in goods from China, Mexico, and Canada combined. AdvertisementSome companies have already been preparing to increase prices as a result of Trump's tariff plans on the campaign trail. Trump wrote of the Mexico and Canada tariffs.
Persons: Donald Trump, Donald Trump's, Trump, John David Rainey, François Legault, Arturo Sarukhan, Organizations: Business, Census Bureau, Walmart, CNBC, Trump, Companies Locations: Mexico, China, Canada, Quebec, United States, Mexican
If you're looking for a billionaire, you might as well be looking for a man in finance, trust fund, 6'5", blue eyes. AdvertisementMost — 87% — of billionaires are male, and have amassed their fortunes in different ways than the world's 431 female billionaires. While the majority of all billionaires, about 60%, are fully self-made, men are more likely to be than female billionaires. In fact, 76% of the world's female billionaires have inherited at least part of their wealth, compared to 35% of male ones. The interests of male and female billionaires follow suit: 71% of women billionaires count philanthropy as a top interest, while sports was the most popular one for male billionaires.
Persons: isn't, Elon Musk, Jeff Bezos, Altrata, maters Locations: New York City, United States, China, Germany
Experts point to turnout and dissatisfaction with the economy as the driving forces behind the results. “The main story is the relatively low levels of turnout for Harris in key Democratic places compared to Biden in 2020,” Kollman said. Riverside, another California county where Asian Americans have strong representation, also flipped for the GOP in a photo-finish race decided by a few thousand votes. But while Harris’ vote count grew 21%, it was no match for Trump’s nearly 50% improvement. But in counties with the largest share of advanced degree holders, Trump actually gained votes while Harris shed them.
Persons: , Ken Kollman, Harris, Biden, ” Kollman, , Hillary Clinton, Trump, Harris underperformed Organizations: NBC, University of Michigan, Trump, Merced County —, Riverside, GOP, Trump’s Locations: Hinds County, Mississippi, Alameda County , California, In California, Merced County, California, Riverside, Merced
In 2022, 69.3% of Americans reported some alcohol consumption in the previous year, a slight increase from 69% in 2020 and 66.34% in 2018. Though the researchers couldn’t answer exactly why alcohol consumption was so high among the US adults surveyed, Lee has a few hypotheses. The height of the pandemic also saw an average of about 488 deaths per day due to excessive alcohol consumption; there was an increase of more than 29% from 2016-17 to 2020-21. “We’ve shown in studies that liver transplants for alcohol have increased fivefold in the last 20 years. We’ve also shown that alcohol deaths due to liver disease are surging,” he said.
Persons: Brian Lee, ” Lee, hasn’t, Lee, , Jagpreet Chhatwal, , ” Chhatwal, Dr, Sanjay Gupta, “ We’ve, We’ve, Chhatwal Organizations: CNN, University of Southern California’s Keck School of Medicine, Internal, National Health, US Census Bureau, , Institute for Technology, Massachusetts General Hospital, National Institute, Alcohol, US Centers for Disease Control, CNN Health Locations: Massachusetts
For many Americans, housing costs aren't just another expense — they shape how the rest of the budget comes together. Yet figuring out how much you can reasonably afford to spend on housing has become increasingly complicated in recent years, as shelter costs continue to rise. If you earn $80,000 a year — the median household income — a decades-old rule of thumb suggests spending no more than 30% of your income on housing, or about $2,000 per month. But for many earners, that's far from realistic, especially in large cities where housing prices have surged the most. As a result, nearly a third of American households are now considered "cost burdened," meaning they spend more than 30% of their income on housing, according to the most recent U.S. Census data.
Locations: U.S
The power needs of artificial intelligence and cloud computing are growing so large that individual data center campuses could soon use more electricity than some cities, and even entire U.S. states, according to companies developing the facilities. Now, with the advent of artificial intelligence, data centers are growing so large that finding enough power to drive them and enough suitable land to house them will become increasingly difficult, the developers say. Technology companies are in a "race of a lifetime to global dominance" in artificial intelligence, said Ali Fenn, president of Lancium, a company that secures land and power for data centers in Texas. Beyond VirginiaAs land and power grow more limited, data centers are expanding into new markets outside the long-established global hub in northern Virginia, Sahlstrom said. The privately-held company is working with utilities to secure up to 1.8 gigawatts of power for the site to support as many as 40 individual data centers.
Persons: Ali Fenn, Nat Sahlstrom, Sahlstrom, Phoenix — Organizations: Technology, Phoenix, CNBC, Department of Energy, Bureau Locations: U.S, Pittsburgh, Texas, Denver, Virginia, Maricopa County , Arizona, Storey County , Nevada, Reno, Buckeye , Arizona
AdvertisementShoppers are willing to spend this holiday season, but many are still budget-conscious. Shoppers appear ready to spend this holiday season, but many aren't giving up the search for bargains just yet. Multiple signals suggest that some shoppers feel less pinched financially as the biggest shopping season of the year ramps up. As such, many are looking for good deals, as they have been for much of this year, while still spending on the holiday season. Friday's retail sales growth showed "a good early step forward into the holiday shopping season," National Retail Federation Chief Economist Jack Kleinhenz said.
Persons: Claire Tassin, Tassin, Milton, Jack Kleinhenz, Kleinhenz, Doug McMillon, John Rainey, Rick Gomez Organizations: Shoppers, Morning, Retailers, Nordstrom, Bank of America Institute, University of Michigan's, Hurricanes, Retail Federation, Census Bureau, Walmart, Target
Of the 3,323 billionaires in the world, 13% (or 431) of them are women, according to the Altrata Billionaire Census. Of the 431 female billionaires today, three-quarters inherited a portion of their wealth, according to the report. By contrast, only 5% of male billionaires inherited their fortunes. Nearly one in five female billionaires spend most of their professional time in nonprofits, compared with 5% of men. Billionaire men are 3.8 times more likely that billionaire women to own a car worth more than $1 million.
Persons: they’re, Alice Walton, Julia Flesher Koch, Françoise Bettencourt Meyers, Altrata, Organizations: Altrata, Cerulli Associates
Salih is Bajau Laut, an indigenous seafaring group in Southeast Asia that has lived a semi-nomadic lifestyle on the ocean for centuries. More and more Bajau Laut are abandoning their traditional way of life, making them increasingly vulnerable to environmental changes. As climate change threatens the marine environment more than ever, the traditions of the Bajau Laut are quickly disappearing. Brandi Mueller/Moment RF/Getty ImagesA hypselodoris nudibranch, commonly known as a sea slug, in Mabul Island, Malaysia. The Sabunglanis are one of the few Bajau Laut families left in the region who still live on a lepa, or houseboat.
Persons: Malaysia CNN —, Jimi Salih doesn’t, , Salih, , Bajau, Rebecca Cairns, ” Salih, kampee, Jacque Cousteau, Brandi Mueller, Adzmin Fatta, Green Semporna, Malaysian Borneo —, Robin Philippo, Philippo, Haikal Nukiman, Imran Abbisi, they’re, Rili Djohani, hasn’t, , Nukiman, TRACC, they’ll, Jimi Salih Organizations: CNN, Initiative, Malaysia CNN, Getty, Check, Malaysian, Tropical Research, Conservation, Tourism, Coral Triangle, Borneo, CNN Borneo Komrad, TRACC Locations: Semporna, Malaysia, Southeast Asia, Omadal, Malaysian Borneo, Island, Sipadan, Mabul Island, Sabah —, Sabah, TRACC, East Malaysia, Wakatobi, Kampung Bangau Bangau, Kampung Bangau, Borneo, Kampung Air Hujung, Iskul
But with living costs pinching even high earners and the fact that more money almost always brings individuals more happiness , it's understandable that Americans say you need a substantial salary to be considered successful. While the average salary Americans say they need to be successful is high compared with what the average person is currently earning, Gen Z sets their sights even higher. The average salary adults between the ages of 18 and 27 say they need to be successful is $587,797, Empower found. That could be part of the reason they say they'd need such a high salary to feel accomplished, says Rebecca Rickert, head of communications at Empower. On average, Americans say you need a net worth of about $5.4 million to be considered successful, Empower reported.
Persons: Gen Z, Rebecca Rickert, boomers, Rickert Organizations: . Census, CNBC Locations: U.S
New census data shows that many more people moved into Florida than left between 2022 and 2023. Read on for an analysis of where movers to Florida came from — and where Sunshine State leavers headed for greener pastures. Related storiesPeople who move out of Florida tend to stay in the SouthSimilar to last year, Georgia was the most popular state for those leaving Florida. Some have told BI that they moved to North Carolina for the state's natural beauty and employment opportunities. "We didn't want to leave Florida," John told BI in 2023.
Persons: Derek Edwards, Edwards, Terry Gilliam, John, Natalia Organizations: Sunshine State, American Community Survey, Sunshine, Golden State Locations: Florida, Wisconsin, Colorado, Caribbean, Miami, , York, California, Texas, New York, Georgia, North Carolina, Virginia, Tennessee, Alabama, South Florida, Dell Prairie , Wisconsin
CNN —President-elect Donald Trump on Friday named former NFL player and White House official Scott Turner to lead the Department of Housing and Urban Development. If confirmed by the Senate, Turner would lead an agency that enforces fair housing laws, administers mortgage insurance to prospective homeowners and gives rental subsidies to lower-income families, among other things. In 2019, Turner traveled with former HUD Secretary Ben Carson touting the program. After leaving the league, Turner mounted an unsuccessful run for California 50th Congressional District in 2006. He was elected to the Texas House in 2012 and finished out his term in 2017 after losing a bid for the state House speakership.
Persons: Donald Trump, Scott Turner, Turner, Ben Carson, , ” Turner Organizations: CNN, NFL, White, of Housing, Urban, Senate, Center for Education Opportunity, America, Policy Institute, Council, Trump, Economic, Washington Redskins, Washington Commanders, San Diego Chargers, Denver Broncos, California, Congressional District, Texas House Locations: Texas, Washington
OpenAI CEO Sam Altman was paid $76,001 last year
  + stars: | 2024-11-21 | by ( Lloyd Lee | ) www.businessinsider.com   time to read: +3 min
Its CEO, however, was paid a relatively modest five figures at OpenAI in 2023, filings show. OpenAI CEO Sam Altman was paid $76,001 in compensation in 2023 to lead what's now one of the most valuable startups in the world, the company's tax filings for the year showed. During a hearing before a senate judiciary subcommittee in May 2023, Altman said he gets "paid enough for health insurance" and that he receives no equity in OpenAI. Bloomberg estimated in March 2024 that the CEO is worth at least $2 billion, not including any stake he may have in OpenAI. Altman denied during an all-hands meeting with employees that there were plans for him to receive a "giant euqity stake," CNBC reported.
Persons: Sam Altman, what's, Altman, Ilya Sutskever, Chris Clark, Sutskever, Clark, OpenAI Organizations: Microsoft, Census Bureau, Social Security Administration, Bloomberg, CNBC Locations: OpenAI, San Francisco County
Now, unmarried women are no longer part of an edgy cultural vanguard — they're the official status quo. As of 2021, a record 52% of American women were either unmarried or separated, according to a report by Wells Fargo Economics. Single women also have single men outnumbered: A Census Bureau analysis of 2019 data found that for every 90 unmarried men in the US, there were 100 unmarried women. In a 2019 survey from the Pew Research Center, only 38% of single women reported looking for dates or a relationship, compared with 61% of single men. Even before 1970, it was far from unusual to see American women working for a living.
Persons: Rebecca Traister, Samantha Nation, JD Vance, , Claudia Goldin, Jess Carbino, Tinder, Gary Becker, Elizabeth Crofoot, Carmindy Bowyer, Bowyer, didn't, truer, Stephanie Manes, Katie Roiphe, Singledom, Paul Dolan, Richard Reeves, Nicholas Eberstadt, Bella DePaulo, DePaulo Organizations: Los Angeles Times, Wells, Wells Fargo Economics, Pew Research Center, of Labor Statistics, Census, Pew, American Enterprise Institute's, Social Locations: Wells Fargo, New York City
AdvertisementNearly one-third of the world's billionaires live in just 15 cities, a new Altrata study says. New York City is home to the largest population of the world's uberwealthy. According to Altrata's 2024 Billionaire Census, which examined the high net worth population, 28% of the world's billionaires live in just 15 cities. AdvertisementNew York City maintained its position as the city with the most billionaires. Altrata reported a total billionaire population of 3,323, up 4% over last year.
Persons: Jackson, Xi, Jack Ma, Altrata Organizations: New Locations: New York City, New York, San Francisco, Palm, York City, China, Germany, Beijing, Shenzhen, Hangzhou, Hong Kong, India
The full scope of the planned mass deportations remains unclear. Present-elect Donald Trump's plans for mass deportations could significantly impact construction, agriculture, and hospitality. The data breaks down 13 major sectors by the number of native-born citizens, naturalized citizens, and non-US citizens working in each. AdvertisementThe agriculture industry could also be heavily impacted by mass deportations. To be sure, deportation plans are still in flux, and it's unclear how many people would be deported or who would be targeted first.
Persons: Trump, Donald Trump's, Steve Ballmer, Molly Day, Tom Homan, Stephen Miller, Vance, Karoline Leavitt Organizations: Immigrants, American Immigration Council, American Progress, Small Business Association, ACLU, Immigration, Customs, White House, Staff, Policy, US Homeland Security
But even with Trump’s gains among men, women still had greater leverage to decide the election’s outcome. Both the exit polls and VoteCast showed her winning 57% of white women with at least a four-year college degree. Solid majorities of Black, Latina and college-educated White women described Trump in the exit poll as “too extreme,” as did over two-fifths of the White women without a college degree. But among the White women without a college degree who described Trump as “too extreme,” almost 1 in 5 voted for him anyway. Though many women are expressing unease about mass deportation, Trump’s claim that immigrants are driving crime may provide him considerable leeway to pursue his agenda, particularly among the blue-collar White women who proved most receptive to that argument.
Persons: Donald Trump, Kamala Harris, Joe Biden’s, Harris, , Jenifer Fernandez Ancona, Trump, , Biden, Joe Rogan, NORC, VoteCast, Harris’s, John Kerry, George W, Bush, White, Chip Somodevilla, Court’s Dobbs, Voters “, , , pollster Nicole McCleskey, Dobbs, Harris ’, , pollster Christine Matthews, Jackie Payne, ” Payne, Will Lanzoni, Bill Clinton, Robert F, Kennedy Jr, Mifepristone, Matthews, ambivalently, Tresa Undem, , Trump’s, Fernandez Ancona, can’t, Hillary Clinton Organizations: CNN, Trump, Edison Research, AP, Gallup, Democratic, Biden, Santander Arena, Nationwide, Wall, White, Latina, Voters, Republican National Convention, Republican, GOP, Congressional, Republicans, White House, Trump ., Human Services Department, Pew Research Center, Pew, Locations: Michigan , Pennsylvania, Wisconsin, Reading , Pennsylvania, Michigan, Pennsylvania, Nebraska, Milwaukee , Wisconsin, America
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