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If China EV Inc. were allowed to enter the US today or next year, the legacies would be gutted." The year Musk tittered at the idea of Chinese EVs overtaking Tesla, the country produced only 5,000 electric cars. It has more trade barrier protection from a China Auto Inc. onslaught, but it may not work forever. AdvertisementWe want to maintain an auto industry in the US — that's essential for jobs, national security, and for other sectors of the economy. Sure, Chinese EV makers are lean and mean, but they've never had to deal with international markets before.
Persons: Elon Musk, Warren Buffett, Le, haven't, carmakers, Jim Farley, Tesla, Xi, Andy Wong, Xi Jinping, Li Auto, BYD, Trump, Mary Lovely, Joe Biden's, Biden, it's, Lovely, they've Organizations: Tesla, Bloomberg TV, America's, GM, Ford, Sino, EV, China EV Inc, ascendance, Chery, US, Chinese Communist Party, CCP, Companies, SAIC, Energy Department, China Auto Inc, Peterson Institute, United Auto Workers, White, Auto Locations: Chinese, China, Beijing, Japan, Europe, North America, Brussels, Washington, Hungary, Mexico, Canada, America
Nikki Haley isn't the first presidential hopeful to lose her home state. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Former UN Ambassador Nikki Haley learned this the hard way after a drubbing in the South Carolina GOP presidential primary. This story is available exclusively to Business Insider subscribers.
Persons: Nikki Haley isn't, Marco Rubio, Elizabeth Warren, , Nikki Haley, George H.W, George H.W . Bush, Haley Organizations: Service, Former UN, South Carolina GOP, Trump, Business Locations: Sens, George H.W ., Texas
AdvertisementTake a spin around the internet, and it's clear that I'm not the only one with some questions about framing. For preservation purposes, framers will suggest acid-free, lignin-free materials so the art won't get damaged, which adds to the cost. "Glass is incredibly expensive, and part of it is because it's made specifically for picture framing. The day after I spoke with a manager at a midsize framing shop in Brooklyn, I followed up to ask about general price ranges on moldings and mats. How much did the thing you want to frame cost?
Persons: I'd, I've, Big, Hope Dye, they've, Dye, Sven Olsen, Michaels, Kevin Ivester, it's, wouldn't, Ivester, what's, They're, they're, Olsen, Framebridge, that's, Julia Lovett, Lovett, Austin, you've, Julia Mack, Emily Stewart Organizations: Studios, Michaels, Business Locations: Chicago, Mexico, Austin, Brooklyn
At the end of 2022, Tulsa Remote had brought in almost $307 million in direct labor income to the economy, according to Tulsa Remote. For every two Tulsa Remote members who move to the city, three more come with them. But what happens to the rest of the economy when remote workers come to town? Remote workers coming to town benefited high-skilled local service workers — workers who have at least some college education — more, per the research, since they had more variety in local goods to choose from and consume and are making more money. “There are people who definitely get more benefit out of it, like homeowners or the local service sector workers,” Yoo said.
Persons: that's, Hoyoung Yoo, Justin Harlan, Yoo, ” Yoo, That’s, , , Parker Vincent, ” Vincent, There’s, “ I've, Noah Sheidlower, Laura Landers, Harlan, Tulsa Remoters, , didn't, ” Harlan, Vincent, Organizations: Tulsa Remote, Tulsa, Brookings, of Economics, University of Wisconsin Locations: Tulsa , Oklahoma, Tulsa, Madison, , Los Angeles,
My husband and I decided that the American dream was not for us. Growing up in Kansas, the American dream was simple: Graduate from college, find a good job, get married, buy a house, and start a family. AdvertisementBut the best part about raising a family in Spain is the safety and the active social life. Here in Spain, that's impossible. Jessica Smith said the best part about raising a family in Spain is the safety and the active social life.
Persons: we'd, Smith, Spain Jessica Smith, Jessica Smith, There's, I'm Organizations: Business, Netflix Locations: Spain, La Rioja, Madrid, Kansas, Logroño
Personal loan rates depend a lot on the borrower: The rates for the best personal loans tend to be around 6%, and right now, people with good or excellent credit may be eligible for an even better deal. Compare Personal Loan RatesLeading Personal Loan RatesPersonal loan rates vary depending on the lender and on the credit profile of the person applying to borrow money, but many lenders are advertising strong rates right now for the right borrower. Here are the lenders offering the lowest rates today:Safeguard your credit score, and check for your personalized loan rates before you apply. Many personal loans allow debt consolidation, but not all of them — so be sure you know going in. Products in this post: Upstart Personal LoanAmerican Express Personal LoanReach Financial Personal LoanProsper Personal Loan
Organizations: Credit
In 2018, my friend sent me a listing for Cerro Gordo, an abandoned mining town in California. In the late 1800s, Cerro Gordo was a prosperous mining town. But right now, I'm sitting 900 feet under a ghost town that's miles away from them. Since I arrived, Cerro Gordo has been hit with storms, fire, a flood, an earthquake, and a blizzard. If I hadn't made this life change, Cerro Gordo would've otherwise just been forgotten, like the hundreds of other towns that were set up in the American West.
Persons: Brent Underwood, Cerro, I'm, I've, Cerro Gordo, Brent, It's, We'll, Gordo, snowstorms, We've Organizations: YouTube Locations: Gordo, California, American, Austin, Cerro Gordo, Cerro
With rates rapidly changing, how can you feel confident that you're getting the best savings account or best CD? See more savings account bonuses »Leading Checking & Savings Combo Account BonusSofi Checking and SavingsEarn up to a $300 bonus with qualifying direct deposits for eligible customers. High-Yield Savings AccountsThe best high-yield savings accounts provide the security of a savings account with the added bonus of a high APY. 2-Year CDsThe best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates. Products in this post: BrioDirect High-Yield Savings Account, Customers Bank High Yield Savings Account, UFB Secure Savings, CIT Bank Platinum Savings, TotalDirectBank 6 Month CD, Popular Bank CD, Valley Direct 3 Year Variable CD, BMO Alto 5 Year High Yield CD, CIBC Agility Online Savings Account, SoFi Checking and Savings, Mission Valley Bank 3 Month No Penalty CD
Persons: Banks, , Cash, we've Organizations: Bank, Cash, Products, Secure Savings, CIT Bank, Savings, Popular, BMO, CIBC, Mission Valley Bank Locations:
But the double whammy of housing plus childcare costs doesn't hit all parents — just parents of very young kids. However, after-school programs or an afternoon babysitter are typically a fraction of the cost of full-time day care.) I propose we call them: DIPS, or Double Income, Public School. For example, Massachusetts has the highest average childcare costs, where day care for an infant is $24,472. I'm stuck in between — one kid in public school and a younger one still in day care.
Persons: , Alcynna Lloyd, Lloyd, Zillow, it's, I'm, Rich, Stanley, you'll, they'll, POLK Organizations: Service, Business, Public School, Kids, Nationwide Locations: Los Angeles, San Diego, California, Massachusetts, Iowa, In Massachusetts
The real-estate investor, consultant, and author of "30-Day Stay" explained how and why she did a 1031 exchange. How a 1031 exchange worksWith a 1031 exchange, you're essentially selling one property, purchasing another, and avoiding capital gains taxes in the process. There are ways to reduce your capital gains tax liability, like deducting your property's depreciation. But, with a 1031 exchange, you can sidestep your capital gains taxes indefinitely and continue reinvesting in more profitable properties and growing your wealth. However, real property in the United States is not like-kind to real property outside the United States."
Persons: , Zeona McIntyre, McIntyre, St . Louis, Louis —, you'll, There's Organizations: Service, Business, IRS Locations: Boulder, St ., St, Florida, United States
Now I make thousands of dollars editing AI-generated text so nobody could tell a machine made it. My journey into AI content editing began a little after ChatGPT came out. Interested in writing, I decided to offer AI content editing services through the freelance gig platform Fiverr. So far, I've made more than $3,500 from my AI content editing services through Fiverr. Artificial intelligence is still new, and the demand for AI content editors will only continue to grow, especially among lazy or busy people.
Persons: Sultan Ali, ChatGPT, I've, that's Organizations: Business Locations: Bahawalpur, Pakistan, Europe, Grammarly, Fiverr
When it comes to parenting in France, there are a lot of things that my American soul will never quite understand. Parenting and cultural traditions look different all around the world, but since I've moved to France, I've noticed the differences between French and American traditions, especially now that I am a mother. Here are the differences between French and American parenting I've noticed and why I'm doing things the way I'm used to. Young French children will frequently be zipping around on a scooter or small bike without pedals. And although I am surrounded by many French parents who disagree with the way I do things, I have learned to accept that it is OK to be different.
Persons: I've, I'm, he's, Young Locations: France, Paris, States
But these days, you're more likely to find him training with booty bands than Thor's hammer, his personal trainer told Business Insider. Recently, Hemsworth has become a fan of so-called "booty bands," elastic resistance bands placed around the ankles or thighs to help fire up the glutes. AdvertisementZocchi said the warmup helps Hemsworth protect his lower back on leg day — and is surprisingly spicy. "It's slowing things down a bit and really trying to focus on that muscle-mind connection as well," Zocchi said. AdvertisementSwap machines for sleds, farmer carries, and walking lungesFunctional strength is better for longevity than Marvel-movie muscle, Zocchi explained.
Persons: , Chris Hemsworth, Luke Zocchi, Hemsworth's, Zocchi, Hemsworth, he's, Chris Organizations: Service, Business, Hemsworth, Marvel Locations: Hemsworth
Clay and AD are clearly into each other, but they have some major compatibility problems. Warning: Spoilers ahead for the first nine episodes of "Love Is Blind" season six. Clay Gravesande and Amber Desiree "AD" Smith might be "Love Is Blind" season six's most polarizing couple. But building a relationship on physical attraction runs directly counter to the premise of "Love Is Blind," which requires couples to fall in love without seeing each other first. But in the meantime, here's a rundown of all the biggest red flags in Clay and AD's relationship.
Persons: Clay, , Clay Gravesande, Amber Desiree, Smith, Clay isn't, He's Locations: Clay
AdvertisementVitamin DGreger takes a vitamin D supplement every day. Most people get enough vitamin D from sunlight, but those living in colder climates are unlikely to get enough during winter and fall. "People eating a plant-based diet must ensure a regular, reliable source of vitamin B12 throughout their lifespan," Greger said. Vitamin B12 is generally considered safe, even at high doses, and has no established maximum dose, according to Healthline. AdvertisementAlgae-based DHAGreger takes an algae-based DHA supplement daily for brain health and cognitive function, he said.
Persons: , Michael Greger, Greger, Loma, They're, there's, Ginger Organizations: Service, Business, USP, American Cancer Society, National Institutes of Health, Cleveland Clinic, B12, Harvard Medical School, Greger Locations: Sardinia, Italy, Loma Linda, California
Many workers have expressed fears that the technology will show up at the office like a young gun coming for their job. Williams expects some of the biggest gains from AI won't center on what companies and workers are doing now. Instead, he sees major wins coming from what workers aren't doing but that AI could. Filling in when help is scarceOne reason jobs sometimes aren't getting done is because there aren't always enough workers. If AI could be deployed to help with this work, the time the task takes might get cut in half, Holding said.
Persons: Heather Holding's, she'd, couldn't, let's, Ron Williams, Williams, that's, Jérôme Pesenti, Pesenti Organizations: AIs, Facebook
Read previewMany professional athletes get paid a lot of money to play their sports, but for some, their endorsement deals are more lucrative than their salaries. Los Angeles Lakers' LeBron James is the professional athlete who earned the most from endorsements and sponsorship deals last year, per Sportico. Athletes tend to retire younger than the average worker, so endorsement deals help them maximize their earnings while they're still in the spotlight. But without these restrictions, star athletes like James would likely earn much more over the course of their careers. AdvertisementThe athletes with the lowest endorsement earnings are listed first.
Persons: , LeBron James, Dre, Cristiano Ronaldo, they're, Travis Kelce, James Organizations: Service, Los Angeles Lakers, LeBron, Nike, PepsiCo, Lakers, Business, Al, Kansas City Chiefs, NBA, NFL, NHL Locations: Saudi
When I first discovered the concept of "niksen," or the Dutch art of doing nothing, I was fascinated. I believe niksen is one of the reasons why the Dutch are consistently ranked as some of the happiest people in the world. Niksen might seem selfish or boring at first glance, but it's actually a service to you and your community. If you're doing nothing, own itWhen someone asks you what you're doing during your niksen time, simply respond, "Nothing." I'm simply niksening up against him.
Persons: it's, Tony Crabbe, Manfred Kets de Vries, Tracy Walker, Olga Mecking Locations: Poland, Germany, Netherlands
NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The amount includes a $354 million penalty plus nearly $100 million in pre-judgment interest. A spokesperson for Attorney General Letitia James confirmed to the AP that Trump will begin accruing interest of $111,984 per day. Per the AP, this interest amount considers both the penalty and the pre-judgment interest — not just the penalty — meaning Trump will owe more interest than the $87,502 per day previously thought.
Persons: , Donald Trump, Judge Arthur Engoron, Letitia James, Engoron, Trump, James, Allen Weisselberg, Bernard Madoff Organizations: Service, Trump, Associated Press, AP, New, Trump Organization Locations: New York, Manhattan
Those gains could trigger a tax bill this season, depending on the size of the windfall, experts say. In 2023, home sellers made a $121,000 profit on the typical median-priced single-family home, according to ATTOM, a nationwide property database. Still, "the tax laws were written to encourage homeownership," and many sellers qualify for a tax break, Ringbauer said. Single homeowners can shield up to $250,000 of home sales profit from capital gains taxes and married couples filing jointly can exclude up to $500,000, provided they meet IRS eligibility. Who qualifies for the capital gains exemptionsThere are strict rules to qualify for the $250,000 or $500,000 capital gains exclusions, Ringbauer warned.
Persons: Witthaya, Miklos Ringbauer, Ringbauer, you've, There's, Assunta McLane Organizations: Summit Place Financial Locations: Los Angeles, Summit , New Jersey
Read previewIn 2024, cringe is in: people are in love, and they don't care who knows it. It goes without saying that Taylor Swift and Travis Kelce are embracing cringe on an unparalleled scale. They're blowing kisses on the jumbotron and running into each other's arms in front of millions of Super Bowl spectators. It can also be comforting to feel like you're following social norms and doing what society expects of you. "If we are with someone, they're going to have flaws, they're going to annoy us.
Persons: , cringe, Taylor Swift, Travis Kelce, Selena Gomez, Benny Blanco, Travis Barker, Rocky, haring, ross, eople, ike, ould, ove, ingle Organizations: Service, Super Bowl, Business, ailey, ust Locations: ife, alues
First, the actual SAG Awards ceremony live stream has been scooped up by Netflix this year. Broadcast TV is out this year as the 2024 SAG Awards will be a Netflix live exclusive. The SAG Awards live stream will be available on all Netflix tiers, including the cheapest ad-supported ones. How to watch the SAG Awards live stream from anywhereIf you're not in a country with access to Netflix, or your local Netflix isn't covering the SAG Awards live stream today, it's time to familiarize yourself with a VPN. Watch the SAG Awards live stream.
Persons: ExpressVPN, AWST, We've Organizations: Business, Netflix, YouTube, Netflix Netflix, AWST, SAG, Actors Locations: USA
Learn moreThe awards season is building up to the big one on March 10, and we can show you where to watch the Oscars live stream from anywhere, for free. The quick links box below has everything you need on where to watch the Oscars 2024 event on TV or online. If you're in the UK, you can watch the Oscars for free on ITV. If you'd rather avoid signing up for any new paid streaming service, keep reading for tips on how to watch the free live UK broadcast instead. Watch the Oscars live stream.
Persons: we've, Oppenheimer, you'll, ExpressVPN Organizations: Business, ITV, ABC, Hulu, Sky TV
Women may see greater health benefits from exercising regularly than men do, according to a recent study. DON'T MISS: Exercise 2-4x more than the HHS recommends to achieve maximum benefit, says new studyResearchers also found that women were able to see greater health benefits with less exercise than their male counterparts. Men who engaged in about five hours of moderate to vigorous exercise each week lowered their chances of dying by 18% in comparison to men who didn't. The reason why women may have stronger benefits from regular exercise than men isn't clear, though it's possible it boils down to differences in anatomy, the study's researchers told CBS News. Exercising regularly is great for heart health in general"I think the big message is physical activity helps to reduce cardiovascular mortality, period," Garg tells CNBC Make It.
Persons: Beteal, wasn't, Nadish, Garg Organizations: American College of Cardiology, HHS, University of Miami Miller School of Medicine, CBS News, Hermann, CNBC, U.S . Department of Health, Human Services Locations: UHealth, Houston
How Hermes Became the Ultimate Status Symbol
  + stars: | 2024-02-24 | by ( Madeline Berg | )   time to read: +11 min
Now, its shares are also hot commodities, with their performance outpacing bigger luxury brands like Louis Vuitton owner LVMH and Gucci-maker Kering. "The curse of retail is everyone chases more," Simeon Siegel, a senior retail analyst at BMO Capital Markets, told Business Insider about luxury brands. "Brand equity is much more diluted than Hermès'," Herzog said of brands like Gucci and Louis Vuitton. Hermès is 'fairly recession-proof'Keeping it simple has helped Hermès hold its own as luxury brands start to lose their shine after a multiyear spending boom. It also announced it will expand the Saint Junien facility in New Aquitaine (also France) which makes Kelly and Birkin bags.
Persons: Hermès, Louis Vuitton, LVMH, Kering's, hasn't, it's, Axel Dumas, Simeon Siegel, Siegel, Birkin, , waitlists, Edward Berthelot, there's, Hitha Herzog, Nicole Pollard Bayme, Kelly, Versace, Herzog, Gucci, Saint Laurent, Bernstein, Luca Solca, Chanel, Solca, Winston Chesterfield, Barton, That's, Williamsburg , Brooklyn —, Axel, Pierre, Alexis Dumas —, Bernard Arnault's LVMH, Dumas, Barton's Chesterfield, They've, Cousins Axel Dumas, Alexis Dumas, Rodrigo Vaz, Thierry Hermès, they've, We're Organizations: BMO Capital Markets, Capri Holdings, North, Gucci Locations: Hermès, London, China, France, Louviers, Ardennes, New Aquitaine, Aspen , Colorado, Naples, Florida, Nanjing, Princeton , New Jersey, Williamsburg , Brooklyn
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