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☆ Elon Musk made another big promise he may not be able to keep
▼ + stars: | 2024-07-27 | by ( Katherine Tangalakis-Lippert | Hannah Getahun | ) www.businessinsider.com time to read: +1 min

Amid a lackluster earnings call, Tesla CEO Elon Musk said he plans to make Dojo compete with Nvidia. It's not the first time Musk has made an extremely optimistic promise about what his tech can do. AdvertisementElon Musk made another big promise this week during a lackluster earnings report that sent Tesla stock tumbling more than 7% before he logged off the call and didn't recover all week. The Tesla CEO said the company will "double down" on developing its Dojo supercomputer, in hopes of competing with the chip-producing giant Nvidia. "We do see a path to being competitive with Nvidia with Dojo," Musk told investors and analysts during Tuesday's call.

Persons: Elon Musk, —, Musk Organizations: Nvidia, Service, Dojo, Business

☆ NASA says it can ask SpaceX to bring Boeing astronauts home if needed, as they reach 51 days on the space station
▼ + stars: | 2024-07-27 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +5 min

He was referring to the Boeing Starliner and SpaceX's Crew Dragon. AdvertisementSpaceX got astronauts to space a lot faster than BoeingA Crew Dragon approaches the International Space Station with astronauts on board. AdvertisementBoeing's Starliner spaceship, which Williams and Wilmore flew on, docked at the space station 262 miles above Egypt. As of Friday, the astronauts and their spaceship had been on the station for 51 days. Engineers have been replicating the thruster issues that developed while Williams' and Wilmore's ship was on its way to the space station.

Persons: —, Suni Williams, Butch Wilmore, Steve Stich, " Stich, Elon Musk, Williams, FREDERIC J . BROWN, Starliner, Mark Nappi, Nappi, Wilmore, we're, hasn't, Stitch, haven't, Butch, Suni Organizations: Service, Space Station, SpaceX, Business, Boeing, NASA, Program, Getty, NASA NASA, Engineers Locations: AFP, Egypt, New Mexico

☆ I'm almost 30, but I was doing better financially at age 21. I made the best career move for my health, and I'm not ashamed.
▼ + stars: | 2024-07-26 | by ( Tiernan Cannon | ) www.businessinsider.com time to read: +5 min

I speak, first, to my mother, who tells me about her week and the deteriorating state of our aging relatives. We're six years into this freelancing experiment now, and I'm less financially stable, as 30 creeps into view, than I was as a fresh-faced graduate of 21. I don't live at home, and I don't rely on my parents to pay my rent or fund my follies and travels. It's hardly surprising that I'm defensive when my dad asks how I'm doing for money. While acknowledging that fact won't pay the bills, it might help us to feel less ashamed.

Persons: —, who's, It's, Freed, I'm Organizations: Service, Business, Spotify

☆ I'm running to become Maryland's next US senator. There are 'no days off,' but it's critical for me to understand the voters I hope to represent.
▼ + stars: | 2024-07-26 | by ( John L. Dorman | ) www.businessinsider.com time to read: +6 min

In the May primary, she defeated Rep. David Trone, who self-funded his campaign to the tune of over $60 million. If elected, she would become Maryland's first Black senator and only the second woman to represent the state in the upper chamber. The morning starts early, but I'm still the county executive, which means that the days are always really busy. I think this Senate campaign is the first time I've experienced anything where there are no days off. She took our sandwich orders, and I started explaining to her: "I'm here and I'm campaigning.

Persons: Angela Alsobrooks, David Trone, Larry Hogan, Maryland's, I've, I'm, Alsobrooks, Millard, Sarah L, Voisin, we'd, Anita, Andrew Harnik, didn't waver Organizations: Service, Prince, Democratic, Republican Gov, Prince George's County, Hyattsville Middle, Washington, Getty, The Washington Post, US Locations: Prince George's County , Maryland, That's, Prince George's, Hyattsville, Md, Shore, Burtonsville

☆ WBD is suing the NBA so it can stay in business with the NBA. Yikes.
▼ + stars: | 2024-07-26 | by ( Peter Kafka | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Discovery boss David Zaslav told investors he'd be ok without NBA games, which his TNT network had been airing for decades. You can read an excellent blow-by-blow of WBD's failed negotiations with the NBA from John Ourand at Puck. One is that WBD somehow wins its suit and ends up forcing the NBA to give it games it would prefer to sell somewhere else. And then there are two other possibilities: One is that WBD doesn't get the games, but extracts some kind of settlement from the NBA for supposedly breaching a contract.

Persons: —, David Zaslav, He's, it's, they've, WBD's, John Ourand, WBD, who's, doesn't, Fox — Organizations: Service, Warner Bros, NBA, TNT, Disney, Comcast, Business, HBO, WBD, Fox, Advertisement College, NFL Locations: Puck

GLD 5Y mountain GLD The SPDR Gold Shares ETF is the world's largest, with BlackRock's iShares Gold Trust and iShares Physical Gold ETC the second and third, respectively. Other top physical gold ETFs include the Borse Commodities GmbH Xetra-Gold and the SPDR Gold MiniShares Trust . Gold mining ETFs Buying gold mining ETFs — which own shares of multiple gold mining companies — is another way to get exposure to gold, and Meyer described those backed by large banks as "relatively safe," in an email to CNBC. "Even though gold equities respond to changes in gold price, the degree of that response has deteriorated over time," he said, adding that the risks and costs of gold extraction can weigh on miners. A selection of gold bars and one-ounce gold coins at Gold Investments Ltd. bullion dealers in London, UK, on Tuesday, May 21, 2024.

Persons: Tom Price, Price, Berenberg, Robin Bhar, Amy Arnott, John Meyer, Colin Hamilton, BlackRock's, Meyer, Barrick Gold Panmure Liberum, George Milling, Stanley, they're, Morningstar's Arnott, Bhar, Chris Ratcliffe Organizations: CNBC, Panmure, Bank of America, Citi, UBS, Gold, Morningstar, SP, CNBC Pro, Royal Mint, BMO Capital Markets, Borse Commodities, MiniShares, Gold Miners ETF, Miners, Barrick, Resolute Mining, Hochschild, Caledonia Mining, Barrick Gold Panmure, Endeavour Mining, Endeavour, Pan, Resources, State Street Global Advisors, Gold Investments, Bloomberg, Getty Locations: Panmure Liberum, U.S . New York, United States, U.S, Hochschild Mining, Zimbabwe, London, West Africa, Berenberg

☆ An engineer who lived in NASA's Mars simulation for 378 days went through extreme isolation — but still said he'd go to the red planet for real if he could
▼ + stars: | 2024-07-26 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +5 min

Not just anyone can live on MarsThe CHAPEA crew celebrates the birthday for Ross Brockwell, left, inside the habitat. Luckily for the CHAPEA crew, everyone got along well and became close even before they set foot in the habitat, Brockwell said, which helped reduce the sense of isolation. Homesickness is realThe 1,700-square-foot CHAPEA habitat contains individual living quarters for four volunteer crew members. But you might fall in love with itA CHAPEA crew member participates in a simulated "Marswalk" inside a 1,200-square-foot sandbox to mimic the Martian landscape. Despite the challenges he faced during the simulation, Brockwell would love to visit Mars for real someday.

Persons: —, Ross Brockwell, he'd, Brockwell, Patience, it's, Bill Stafford, wasn't, Gene Kranz's, Scott Kelly, James M Organizations: Service, NASA, Business Locations: Houston

☆ Doug Emhoff blasts JD Vance's 'stupid, uninformed' comments about Kamala Harris being a 'childless' cat lady: 'It hurt my feelings'
▼ + stars: | 2024-07-26 | by ( Brent D. Griffiths | ) 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. Emhoff said that Vance's remarks show he doesn't appreciate the reality of a modern family. Emhoff's daughter, Ella Emhoff, and his ex-wife, Kerstin Emhoff, had already teed off on Vance over previously coming after their family. The Democrats are in complete disarray with the most unpopular Vice President in history as their party's nominee," Van Kirk said in a statement to Business Insider. I've got nothing against dogs," Vance told former Fox News anchor Megyn Kelly on her podcast.

Persons: —, Doug Emhoff, Sen, JD Vance, Ohio, Vance, Kamala Harris, Jennifer Aniston, Emhoff, Preet Bharara, Kirsten, Ella, Ella Emhoff, Kerstin Emhoff, Cole, Harris, Kamala, Doug, Taylor Van Kirk, Van Kirk, they've, Tucker Carlson, Emhoff's, I've, Megyn Kelly, Donald Trump Organizations: Service, Business, CNN, Senate, Democratic, Fox News, Democratic Party, Republican Party

☆ PepsiCo is using robotics and AI-powered crop planning to transform its supply chain
▼ + stars: | 2024-07-26 | by ( John Kell | ) www.businessinsider.com time to read: +6 min

PepsiCo says it's two-thirds of the way done with an overhaul of its supply chain. This article is part of "The Future of Supply-Chain Management," a series on companies' manufacturing and distribution strategies. With more automation, workers are doing fewer physical tasks, like driving a forklift, and far more oversight of the machines taking over those tasks. Workers at manufacturing facilities and distribution centers and the unions that represent them often bristle at automation, which can lead to layoffs. Even as it has invested in automation, PepsiCo's total workforce has swelled: It grew by 20%, to 318,000, over the five years that ended in 2023.

Persons: it's, —, Gregg Roden, he'd, Roden, Athina, Campbell, Kanioura Organizations: PepsiCo, Chain Management, Service, Gatorade, Frito, Microsoft, Workers, Tyson Foods, Food, McKinsey Locations: Doritos, North America

☆ TikTok is betting its future on e-commerce. Should it?
▼ + stars: | 2024-07-26 | by ( Dan Whateley | Sydney Bradley | ) www.businessinsider.com time to read: +8 min

From conversations with e-commerce analysts, TikTok Shop partners, sellers, and creators, it's clear that Shop is growing steadily in the US and driving meaningful sales for some brands. TikTok Shop is also showing strong momentum in regions outside the US that have embraced social shopping more, like Southeast Asia. Order-tracking platform Route saw global order volume on TikTok Shop grow a modest 35% between January and June. AdvertisementWhat's working for TikTok ShopWell-timed promotional campaigns and live selling have bolstered TikTok Shop's growth this year, agency sources told BI. TikTok Live has become an e-commerce hub for all types of sellers, including pre-owned luxury retailer What Goes Around Comes Around, which has a streaming studio in its store.

Persons: —, influencers, TikTok, it's, It's, Nicole Rechtszaid, Steele, Pena, Rechtszaid, Dan Whateley, Julian Reis, SuperOrdinary, Reis, we've, Michael Yamartino Organizations: Service, Business, TikTok Shop, TikTok, Ghost Agency, Amazon's, livestreams Locations: Southeast Asia, Paris, Maybelline New York, Asia, China

☆ Don't make this mistake when reaching out to someone on LinkedIn: It's 'terrifying,' says career coach
▼ + stars: | 2024-07-26 | by ( Gili Malinsky | ) www.cnbc.com time to read: +2 min

They can help you learn more about a role in your industry or about another industry altogether. And they can potentially help you to land a job offer down the line. But you can still cold message someone via LinkedIn or email and ask for one even when you don't know them. If you do, when you're reaching out, "I really recommend against immediately asking them for time," says career coach Phoebe Gavin. That way you're opening up the idea of giving you some time but not asking for it directly.

Persons: Phoebe Gavin, Here's, Gavin, you've, you'd, I'd

☆ A major Marvel star returns in 'Deadpool & Wolverine' in an unexpected way, and it might be one of the MCU's most satisfying cameos ever
▼ + stars: | 2024-07-26 | by ( Olivia Singh | ) www.businessinsider.com time to read: +8 min

Read previewWarning: Major spoilers ahead for "Deadpool & Wolverine." "Deadpool & Wolverine" has several noteworthy celebrity cameos, but the film's greatest gift is Chris Evans' return. Chris Evans returns as Johnny Storm/Human Torch, not Steve Rogers/Captain AmericaChris Evans as Johnny Storm/Human Torch in "Fantastic Four." 20th Century FoxIt probably cost Marvel a pretty penny to bring back Evans for his "Deadpool & Wolverine" cameo. For better or for worse, "Deadpool & Wolverine" contains many cameos that are being called fan service.

Persons: —, Chris Evans, Shawn Levy, Ryan Reynolds, Wade Wilson, Deadpool, Hugh Jackman's Logan, Wolverine, Evans, Johnny Storm, Steve Rogers, Captain America Chris Evans, Cassandra Nova, Emma Corrin, Max, Evans —, he's, Pyro, Aaron Stanford, Johnny, Cassandra, who's Charles Xavier's, Fox That's, Wade, urinated, Wade snickers, Captain America, you'll, Jennifer Garner, Elektra, Sam Wilson, Anthony Mackie, Marvel, Reynolds, texted, he'd, Ryan Organizations: Service, Business, Fox, TVA, Marvel Studios, Marvel, MTV News, Entertainment

☆ Gen Z and millennial brides are regretting their tattoos — but they have lots of options
▼ + stars: | 2024-07-26 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +5 min

Celeste Evanovich, a 28-year-old tattoo artist and content creator, said she has noticed an influx of Gen Z brides souring on their tattoos. 'Clean girl' aestheticEvanovich said the influx in bridal tattoo regret could be caused by the "clean girl aesthetic", a beauty trend which first blew up on TikTok in 2022. Evanovich pointed out TikTok videos where some women said their tattoos made them feel like they couldn't achieve a "clean" look. freemixer/Getty Images"The clean girl aesthetics and weddings go hand and hand. There's the age-old expectations for women to be pure on their wedding day, wearing bright white," Evanovich said in the video.

Persons: —, Celeste Evanovich, souring, Evanovich, @smoneyyz, I'm, Stu Hepcat, Pollyana Ventura, Hepcat, it's, Samantha Jane, Samantha, Ariana Grande, Dalton Gomez Organizations: Service, Business, NBC, Pew Research Center Locations: Glasgow, Scotland, New York

☆ What JD Vance's rise tells us about the influence of Peter Thiel — and Silicon Valley in the age of Donald Trump
▼ + stars: | 2024-07-26 | by ( Peter Kafka | ) www.businessinsider.com time to read: +12 min

Without Peter Thiel, Vance does not get anywhere near the US Senate. And in Silicon Valley, the conservative movement is much stronger, and more muscular than it was before. AdvertisementThere's this narrative, promoted by people like Thiel, that Silicon Valley is super-liberal. Because Silicon Valley has conservative roots in addition to roots in the counterculture. AdvertisementLike I said, the liberal nature of Silicon Valley has always been sort of overplayed.

Persons: —, I'm, Donald Trump, Vance, Peter Thiel —, Max Chafkin, who's, Thiel, Peter Thiel's, Trump, JD Vance, Narya, It's, supercharge, Bill Pugliano, David Sacks, Peter Thiel, revel, that's, he's, Elon Musk, Marc Andreessen, They're, Elon Musk's, Apu Gomes, Steve Jobs, Ben Horowitz Organizations: Service, Republican, Trump, Business, Bloomberg Businessweek, Republican National Convention, YouTube, Ohio Senate, The, Thiel, Twitter Locations: Silicon Valley, Mithril, Narya, Ohio, West Coast, —, America, Silicon, San Francisco

☆ If you get laid off, one of the first things you should do is volunteer
▼ + stars: | 2024-07-26 | by ( Tim Paradis | ) www.businessinsider.com time to read: +4 min

AdvertisementVolunteering can be one way to find gratitude — and help people navigate the steps needed to land a new role, Schielke said. Committing to doing some work for others can also help retain structure in your schedule when work hours disappear, Schielke said. Turn to your network for helpOutside of seeing how you might help others, there are other steps you can take if you're newly unemployed. Schielke said it's important to have a sounding board to help you remain accountable for your next actions, especially as getting laid off can be a shock. Advertisement"Being able to connect with a person or know someone who knows someone who can get your résumé in front of the right people is so important," Schielke said.

Persons: —, Jennifer Schielke, Schielke, what's, It's, dilly, dally Organizations: Service, Group Solutions, Business

☆ Sam Altman, under fire from Elon Musk, has now offered his own vision of open-source AI
▼ + stars: | 2024-07-26 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

Read previewOpenAI CEO Sam Altman has a vision for open-source AI, and it's not far from what the company's former cofounder, Elon Musk, has been asking for. But what's notable in Altman's proposal was how he highlighted the role open-source AI models could have in strengthening America's hold on the field. AdvertisementTo be sure, Musk also has some reservations about how open AI models should be. Advertisement"I believe that open source is necessary for a positive AI future," Zuckerberg wrote in a blog post on the same day. "There is an ongoing debate about the safety of open source AI models, and my view is that open source AI will be safer than the alternatives.

Persons: —, Sam Altman, it's, Elon Musk, Altman, Altman's, Musk, pummeling Altman, OpenAI, OpenAI's, Ilya Sutskever, Sutskever, Musk didn't, Mark Zuckerberg, Meta, Zuckerberg Organizations: Service, The Washington, Business, Google, Microsoft, OpenAI, Business Insider

☆ Divers found cases of 150-year-old sparkling wine in a shipwreck off the coast of Sweden — and it might still be drinkable
▼ + stars: | 2024-07-26 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +4 min

Read previewDivers in the Baltic Sea came across an unusual find this month as they explored a shipwreck just off the coast of Sweden. "We encountered a 19th-century sailing ship in very good condition, loaded to the sides with champagne, wine, mineral water, and porcelain," the Polish diving team Baltictech said. The sparkling wine bottles numbered more than 100, they added. This story is available exclusively to Business Insider subscribers. A spokesperson told Business Insider they are "almost sure" the wine is Louis Roederer Champagne, and said they have contacted the company to try to confirm.

Persons: —, Baltictech, Tomasz Stachura, Marek Cacaj, Louis Roederer Champagne, they've, Mark Robertson, Robertson, Stachura, that's Organizations: Service, Business, New York Times, Times, Buyers Locations: Baltic, Sweden, Russian, Champagne

☆ The 1 food you should eat for brain health — and why you can't replace it with supplements
▼ + stars: | 2024-07-26 | by ( Hilary Brueck | ) www.businessinsider.com time to read: +8 min

AdvertisementSherzai knows it's tempting to reach for a novel, quick-fix potion that promises to boost brain health, like a fancy supplement, an expensive gummy, or a new smoothie powder. Why chlorophyll from plants is more powerful than green juices and supplementsLots of chlorophyll on the table here. fcafotodigital/Getty ImagesWhen we eat green plants, we are consuming a green pigment molecule called chlorophyll, which helps plants photosynthesize — capturing solar rays and converting them into energy to grow. What we do know is that you can get the health benefits if you consume chlorophyll in its original packaging. Galina Oleksenko/Getty ImagesSherzai recommends incorporating more of the darkest green plants like spinach and kale into your diet when you can.

Persons: —, Dean Sherzai, Chicago —, Dean, Ayesha Sherzai, he's, Troy Magney, Davis, Magney, you'll, Kale, Galina Oleksenko, It's, Amber Flores, Flores Organizations: Service, National Institute, Aging, Business, University of California, UC Davis Locations: Chicago

☆ NASA just scored a badly needed win: The best potential evidence of alien life yet
▼ + stars: | 2024-07-26 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +6 min

Read previewNASA has snagged a chunk of rock on Mars that could someday prove to be the first clear evidence of alien life. To confirm their suspicions, scientists would need to bring the rock sample to Earth and study it in more detail. Advertisement"We're not saying there's life on Mars, but we're seeing something that is compelling as a potential biosignature," Stack Morgan said. That was the plan that could've brought scientists the Cheyava Falls rock sample. There is a lot going on in this rock," Stack Morgan said.

Persons: —, it's, Katie Stack Morgan, Stack Morgan, Astrobotic, wasn't, could've, Aaron Gronstal, We're Organizations: Service, NASA, Business, JPL, Caltech, ASU, Space Station, Boeing Locations: Mars

☆ Yale-trained career coach shares the 2 strategies she uses to fight her own perfectionism: ‘It was never just going to stop’
▼ + stars: | 2024-07-26 | by ( Alex Koller | ) www.cnbc.com time to read: +1 min

After obtaining degrees from Yale College and Yale Law School and landing prestigious legal jobs, she only became more anxious. "It was never just going to stop," said Confino, a career coach who helps her clients break their perfectionist streaks and an adjunct law professor at the Fordham University School of Law. "Then 150 hurdles later, you realize, 'Wait a second, maybe that's not going to happen unless I do something different,'" she added. Perfectionism has risen significantly over the past four decades, according to a 2018 American Psychological Association study. Here are two steps she recommends taking to fend off those perfectionist tendencies:

Persons: Jordana Confino, Laurie Santos, Perfectionism, It's, Confino Organizations: Yale College, Yale Law School, Yale, Fordham University School of Law, American Psychological Association

☆ Southwest says 80% of its customers didn't like the unassigned seating policy. But I will miss it.
▼ + stars: | 2024-07-26 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +7 min

Read previewWhen Southwest Airlines announced Thursday it was dropping its unique plane seating system, I was among the (apparently small) group of people who reacted with disappointment. In announcing the policy change, Southwest said their research showed 80% of customers preferred an assigned seating system, while 86% of new customers did. AdvertisementIt also means navigating the chaos that can be found at essentially every other airline's gate besides Southwest. Some families also love Southwest's open seating policy for this reason. But without the open seating, the airline is losing part of what sets it apart — even if that means gaining new customers.

Persons: —, Sean Cudahy, Guy, I'm, aren't, Cudahy, it's, Jason Steffen, Southwest's, Cudahey, Steffen Organizations: Service, Southwest Airlines, Business, Southwest, University of Nevada Locations: Southwest, Burbank , California, Denver, Las Vegas

☆ Want to avoid giving your kid a smartphone? Mental health experts say you're not alone — and have 5 tips
▼ + stars: | 2024-07-26 | by ( Sawdah Bhaimiya | ) www.cnbc.com time to read: +6 min

Smartphone Free Childhood, a recently founded U.K. organization is aimed at uniting parents who are not giving their kids smartphones. Organize with other parentsBeing the only parent refusing to give your child a smartphone can be isolating for both you and your kid, Rausch said. "The class parents, as a collective, agreed that they would postpone giving their kids cell phones until they entered middle school. Start the conversation earlyPike and Rausch advise starting the conversation around smartphones from childhood so that your child isn't surprised later on. Pike said that even making a habit of giving a bored child a smartphone as entertainment can become a major issue down the line.

Persons: Kathleen Pike, Columbia's Pike, Zach Rausch, Jonathon Haidt's, Rausch, Johnny, Pike, we've, it's, isn't, Melanie Hempe, you've, They're Organizations: Columbia University Irving Medical Center, CNBC, New York University Stern School of Business, New York Times Locations: U.S

☆ What Kamala Harris' latest financial disclosure reveals about her investment portfolio
▼ + stars: | 2024-07-26 | by ( Lorie Konish | ) www.cnbc.com time to read: +7 min

Harris For President Campaign | Via ReutersFinancial experts describe Vice President Kamala Harris' investment style in one word: Boring. In her role as vice president, Harris filed a public financial disclosure report for 2023, which was signed in May. Carolyn McClanahan, a certified financial planner and founder of Life Planning Partners in Jacksonville, Florida, who also reviewed Harris' financial disclosure, said it makes her "heart sing" to see Harris investing in low-cost passive investment strategies. Since 2020, mortgage rates have increased substantially, which means the couple missed their chance to lock in a low rate for a longer term. McClanahan said she urged everyone to lock in the record low mortgage rates that were available back then.

Persons: Kamala Harris, Barack Obama, Michelle Obama, Harris, Dustin Thackeray, She's, Thackeray, Carolyn McClanahan, McClanahan, Vance, —, Second, Douglas Emhoff, Barry Glassman, Glassman, Cash, Emhoff, it's, Ted Jenkin, Atlanta . Jenkin Organizations: Democratic, Reuters, Crewe Advisors, Planning Partners, CNBC, Finance, GOP, Wealth, CNBC's, Council Locations: U.S, Salt Lake City, Jacksonville , Florida, California, Atlanta .

☆ Here's how much it can cost a family of four to live across 10 major Asian cities
▼ + stars: | 2024-07-26 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +1 min

Living in a major city can come with a hefty price tag, so it's best to be informed before you make that big move. In Asia, Hong Kong and Singapore top the list for cost of living. A family of four can expect to spend an estimated $9,000 a month to live in one of these cities, according to Numbeo, an online database of user-contributed information. Singapore also saw a "rocketing increase" in its housing rentals from 2022, however, prices have begun to stabilize in recent months, said Ma. Here's a broader look at how much it costs for a family of four to live across 10 major cities in Asia, according to data by Numbeo:

Persons: Tracey Ma, APAC, Hong Kong, Ma Organizations: Mercer, CNBC, Singapore's Urban Redevelopment Authority Locations: Asia, Hong Kong, Singapore, Mercer, Hong, Ma, Singapore's

☆ Here's how options traders are bullishly betting on a small-cap index as it overtakes mega-cap tech
▼ + stars: | 2024-07-26 | by ( Laila Maidan | ) www.businessinsider.com time to read: +5 min

The put is OTM because the strike price is below the spot price. Related storiesIf you have a bullish outlook on the IWM, you expect the share price to continue rising or at least not drop below the strike price. Picking the appropriate strike price is subjective and based on a trader's risk tolerance and the premium they're looking for. Tastylive, options chainSince options contracts are purchased in lots of 100, it could seem nerve-racking to think you may need to accept delivery of those shares. Worst-case scenario, you end up owning IWM shares at a cost below what you would have bought them for on the spot market, Dierking said.

Persons: Russell, Liz Dierking, Dierking, IWM, That's Organizations: Service, Nasdaq Locations: IWM

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