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I had been saving to buy a house, but prices in Southern California have made that unlikely. I decided to stop focusing on trying to buy a house, which means I can put more toward retirement. I'm okay knowing I might be renting for life, as it means I can streamline my finances. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Retirement Planning The best robo advisors can help you start your retirement planning journey.

Persons: —, I've, I'm, homeownership, Roth, it's, There's Organizations: Service, realtors, SoFi Locations: Southern California, Los Angeles

☆ Our bend-don't-break economy is reaching its limit
▼ + stars: | 2024-08-05 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In today's big story, interest-rate cuts are almost certainly coming, but the relief won't be felt immediately . The big storyCrash landingKevin Dietsch/Getty, Tyler Le/BIOur bend-don't-break economy might finally have reached its limit. After a year of resiliency in the face of high interest rates, the cracks are showing in the US economy. But it's not a silver bullet, and the rate cut's effect will take time to make its way through the economy.

Persons: —, Kevin Dietsch, Tyler Le, it's, Chelsea Jia Feng, Claudia Sahm, Madison Hoff, McDonald's, Jared Siskin, Bobby, Jordan Grumet, Justin Best, Brian Stauffer, Michal Kosinski, Rob Price, sompong, Seng kui Lim, Getty, Joe Biden's, Elon, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Service, Business, Relief, Getty, Fed, Amazon, Big Tech, Madison, Park Conservancy, Citadel, FIRE, Union Square Advisors, Nvidia, America Locations: resiliency, Central, Switzerland, Canada, Park, Paris, New York, London

☆ Here's where Kamala Harris stands on the issues, from the economy to healthcare
▼ + stars: | 2024-07-21 | by ( Lloyd Lee | Brent D. Griffiths | ) www.businessinsider.com time to read: +8 min

Presenting herself as a center-left politician, Harris previously ran successful campaigns in California, winning statewide races for the San Francisco District Attorney's Office, the state attorney general, and the US Senate. AdvertisementHere's where she stands on major issues:AbortionHarris has supported abortion rights since her time in the Senate. ClimateHarris previously supported policies to combat climate change, including plans to transition the US to 100% renewable energy and a carbon tax. As vice president, Harris was tasked with handling the root causes of migration to the US from Central America. Harris re-affirmed her support for LGBTQ+ rights as vice president but has not provided specific policies.

Persons: —, Kamala Harris, Joe Biden, Harris, Biden, Brett Kavanaugh, Roe, Wade, Climate Harris, She's, Donald Trump's, Sen, Bernie Sanders of, Harris waffled, Sanders, HuffPost, Alejandro Giammattei, Trump Organizations: Service, Democratic, San, San Francisco District Attorney's Office, Business, CNN, Biden, Marshall, Biden's Infrastructure Deal, Healthcare, Stat, Immigration, San Francisco DA, Senate Republicans, Republicans, GOP Locations: California, San Francisco District, Bernie Sanders of Vermont, Immigration, Central America, United States, Guatemalan, Israel, Gaza, Rafah

That person, Tesla billionaire Elon Musk, was one of several people urging Trump in the final moments to select Ohio Sen. JD Vance. Only moments earlier, Trump had shared the information with Vance himself, according to multiple people familiar with the call. Trump spent the final 24 hours waffling over his pick, multiple sources told CNN, leaving even those in his inner circle guessing about his ultimate choice. Several Republican donors argued for Youngkin as Trump’s pick in recent days as it became clear that Rubio and Burgum may not make the cut. “I can’t stomach Trump,” Vance said in an interview with NPR at the time.

Persons: Donald Trump’s, Elon Musk, Trump, Ohio Sen, JD Vance, Vance, ’ ” Vance, “, ’, Vance wasn’t, Vance’s, David Sacks, Monday’s, ” Vance, Doug Burgum, Florida Sen, Marco Rubio, Rubio, South Carolina Sen, Tim Scott, Glenn Youngkin, Mike Pence, Pence, he’d, Burgum, Donald Trump Jr, Steve Bannon, Trump’s MAGA, Tucker Carlson, Rupert Murdoch, Sean Hannity, Bannon, Carlson, president’s MAGA, Usha Chilukuri Vance –, –, Sacks, Steve Witkoff, Alabama Sen, Tommy Tuberville, Jim Banks, waffled, Trump Jr, I’ve, “ America’s Hitler, ”, CNN’s Dana Bash, ” Vance’s, Mike DeWine, wouldn’t, ” CNN’s Kristen Holmes, Kit Maher Organizations: CNN, Ohio, Vocal, Republican National Convention, Fox News, GOP, Trump, Trump’s, North Dakota Gov, Burgum, Virginia Gov, Indiana, Youngkin, Fox News Corp, onetime Fox News, Trump Jr, Indiana Rep, Mar, Ohio Republican, Democrats, NPR, Ohio’s Republican, Yale Locations: Milwaukee, Pennsylvania, Michigan, California, Butler , Pennsylvania, Florida, South Carolina, Ohio, Cincinnati, Alabama, North Dakota

☆ Where Biden and Trump stand on major issues like the economy, Ukraine, and immigration
▼ + stars: | 2024-06-27 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +9 min

In his three and a half years already in office, Biden has done pretty well on the core metrics of a healthy economy. Biden vs Trump on immigrationBiden and Trump are sharply divided on immigration, as are Americans. Advertisement"Peace looks like making sure Russia never, never, never, never occupies Ukraine," Biden told TIME in a May interview. Biden vs Trump on Israel-GazaBiden has consistently defended Israel since the country invaded Gaza last year following Hamas' October 7 attack. Biden vs Trump on housingWhile in office, Biden has pushed a number of policy changes on housing, including the " Housing Supply Action" plan.

Persons: Joe Biden, Donald Trump, Biden, Trump, he's, He's, Roe, Wade, Vladimir Putin, Read, Gaza Biden, Israel, hasn't Organizations: Service, ABC, Business, Biden, Trump, Dow, Keystone XL, Immigration, Republicans, Union, Department of Housing, Urban Locations: Ukraine, Gaza, Unemployment, Paris, Mexico, Florida, Russia, Israel

☆ Jon Stewart is fed up with 'hollow corporate pandering'
▼ + stars: | 2024-06-11 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +3 min

Read previewJon Stewart wants corporations to stop their "hollow corporate pandering" and just admit that all they care about is their bottom line. AdvertisementConservatives boycotted Bud Light last summer after the beer maker partnered with trans influencer Dylan Mulvaney for a social media promotion. And Bud Light waffled in response. Mulvaney said Bud Light never reached out to her after the backlash, criticizing the company for not standing by her. Meanwhile, Bud Light sought to win some of its customers back by offering free beer promotions.

Persons: —, Jon Stewart, Stewart, Bud, Dylan Mulvaney, Mulvaney, Bud Light, Bud Light's Organizations: Service, America, Business, Target, Bud Light, Anheuser, Busch

☆ Columbia's president managed to avoid the missteps of other elite colleges in heated congressional grilling
▼ + stars: | 2024-04-17 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +4 min

Nemat "Minouche" Shafik, Columbia's president, appeared before the Republican-led House Committee on Education and the Workforce on Wednesday. But there was a big difference between what those presidents said at their hearing and what Shafik said at hers. Related storyHarvard President Claudine Gay answered with, "It can be, depending on the context," while MIT President Sally Kornbluth said, "I have not heard calling for the genocide for Jews on our campus." In a similarly soft response, UPenn's president Elizabeth Magill responded, "If the speech turns into conduct, it can be harassment." AdvertisementIn Wednesday's hearing, Shafik also commented on a few controversial professors.

Persons: —, Elise Stefanik, Shafik, Israel's, Claudine Gay, Sally Kornbluth, Elizabeth Magill, Magill, Kornbluth, Mohamed Abdou, Joseph Massad, Massah, Stefanik Organizations: Service, Wednesday, Columbia, Republican, Committee, Education, New York, Business, Harvard, MIT, Gay, Street Journal, Street, Middle East Institute, Hamas, African Studies Locations: Israel, Gaza, UPenn, —, Dubai, Columbia's, South

☆ Three takeaways from the Columbia University president’s testimony on antisemitism
▼ + stars: | 2024-04-17 | by ( Matt Egan | Ramishah Maruf | ) edition.cnn.com time to read: +4 min

Columbia University President Minouche Shafik tried to avoid the firestorm of controversy that pushed out two of the three university presidents who testified on Capitol Hill in December. While the other university presidents provided lawyerly answers that went viral, Shafik and her three Columbia colleagues all unequivocally stated that such calls would violate the code of conduct at Columbia. For instance, the Columbia president was asked by Rep. Lisa McClain whether mobs shouting “from the river to the sea” or “long live the intifada” qualify as antisemitic comments. Some people don’t.”Only after David Schizer, the co-chair of Columbia’s task force on antisemitism, indicated it would qualify as antisemitism did Shafik agree. Davidai called Shafik a “coward” in a fiery speech last year criticizing the university president for failing to quiet “pro-terror” voices at the school.

Persons: Minouche Shafik, Shafik, Shafik waffled, Lisa McClain, McClain, “, David Schizer, ” Shafik, Joseph Massad, Tim Walberg, Massad, Mohamed Abdou, Shai Davidai, Davidai, ”, Abdou, Eden Yadegar, CNN’s Elisabeth Buchwald Organizations: New, New York CNN, Ivy League, Columbia University, Harvard, Massachusetts Institute of Technology, University of Pennsylvania, Columbia, ”, CNN, Columbia Business School Locations: New York, Columbia

Support for abortion rights drove women to the polls during the 2022 midterm elections, delivering Democrats unexpected success. Still, Democrats believe abortion will be a key motivator for base voters and help expand their coalition. Biden aides and allies point to recent elections that have overwhelmingly shown that, when voters can choose, they have chosen to safeguard abortion rights. According to an Associated Press-NORC Center for Public Affairs Research poll, among Democrats, nearly nine in 10 say abortion should generally be legal. But it also underscores a pervasive fear among Republican candidates and voters alike that vocalizing their desire to further restrict abortion rights in 2024 might be politically dangerous.

Persons: Donald Trump, Wade, “, Joe Biden's, Joe Biden, Kamala Harris, Roe, ”, Julie Chavez Rodriguez, Biden, Harris, Jill Biden, Doug Emhoff, Trump, Bill Clinton's, Timmaraju, ’ ”, Benjamin Watson, “ Roe, Dobbs, Xavier Becerra, ” Becerra, Alanna Durkin Richer, Amanda Seitz, Linley Sanders Organizations: WASHINGTON, —, Republican, Democratic, Democrats, AP VoteCast, Trump, Biden, Jackson, Health Organization, National Abortion Rights, League, Associated Press, NORC, for Public Affairs Research, Republicans, NFL, Fox News, Health, Human Services Locations: Roe, Wisconsin, Virginia, Texas, Dobbs v, Iowa, America, California, East Coast, Boston

Aaron Rodgers ditched the crutches and walking boot, strolled onto the field during pregame warmups Sunday and the New York Jets quarterback started throwing passes again. "It is unbelievable," said Zach Wilson, who has started the Jets' past five games in Rodgers' absence. And it has happened in the locker room among the teammates Rodgers felt as though he let down just four snaps into his debut with the Jets on Sept. 11. While Rodgers continues to work on his recovery in Southern California, he has twice joined the team for games. Against Kansas City two weeks ago, Rodgers was still on crutches and watched from a suite.

Persons: Aaron Rodgers, Zach Wilson, Rodgers, I'm, Pat McAfee, “, —, I've, Neal ElAttrache, Achilles, Robert Saleh, “ I'm, ” Rodgers, raved, ” Saleh, can’t, Saleh, “ It’s, “ He’s, he’s, Tyler Conklin Organizations: New York Jets, Jets, ” Jets, Kansas City, Fame Locations: Green Bay, Southern California

I had been saving to buy a house, but prices in Southern California have made that unlikely. I decided to stop focusing on trying to buy a house, which means I can put more toward retirement. I'm okay knowing I might be renting for life, as it means I can streamline my finances. Instead of using my HSA contributions toward health-related expenses, I'm investing my HSA funds. Now that I've nulled out savings to buy a home, my financial goals feel more streamlined.

Persons: I've, homeownership, Roth, it's, There's Organizations: Service, realtors Locations: Southern California, Wall, Silicon, Los Angeles

☆ Balenciaga Is Back After Ad Scandal: ‘Making Clothes Is My Armor’
▼ + stars: | 2023-07-08 | by ( Rory Satran | ) www.wsj.com time to read: 1 min

PARIS– It was unclear in December 2022 if the creative director Demna would weather the storm of controversy whipping around Balenciaga. The French luxury brand was pilloried for being exploitative after its holiday campaign showed images of children with teddy bears in bondage-evoking straps. One photo showed a court document upholding a Supreme Court decision condemning child pornography. Outraged influencers destroyed Balenciaga gear; Kim Kardashian waffled in her support for the label; sales dipped. The brand, owned by luxury conglomerate Kering, said any association was unintentional and apologized repeatedly.

Persons: influencers, Kim Kardashian Locations: Balenciaga

CNN —Wall Street bankers, investors and economists have for months waffled over whether a US recession is coming. But for some Americans, the unforgiving economic pain typical during recession has already set in. Consumer spending accounts for about two-thirds of economic output, so if more Americans are forced to cut back because they were laid off, that might throw the US economy into a recession. Bank of America Chief Executive Brian Moynihan told CNN last week that he expects a mild recession early next year, rather than the late 2022 recession many have predicted. That means that laid-off Americans were often able to find a new job quickly due to a hot job market.

Persons: Al Brown, Brown, it’s, ” Brown, That’s, Allison Joyce, haven’t, Nina McCollum, hasn’t, She’s, ” McCollum, ”, Thomas Simons, ” Simons, Eva Marie Uzcategui, —, Timothy A, Clary, Brian Moynihan, frustrates McCollum, Regina Walton, Walton, she’s, “ It’s, I’ve, ” Walton, “, I’m, Richard Murray, Murray, he’s, you’re Organizations: CNN, Wall, Flyers, New, New Hanover NCWorks, Workforce, Bloomberg, Getty, Investors, Jefferies, National Bureau of Economic Research, Traders, New York Stock Exchange, Bank of America, San Francisco Bay Area, Companies, Consolidated Omnibus Budget, Cascade Locations: Concord , North Carolina, America, New Hanover, Wilmington , North Carolina, Cleveland , Ohio, Miami , Florida, AFP, San Francisco Bay, “, Boston

☆ Is TikTok’s time up? CEO’s skewering before Congress raises questions about app’s future in the US
▼ + stars: | 2023-03-23 | by ( Oliver Darcy | ) edition.cnn.com time to read: +3 min

“TikTok’s fate in the US is on shakier ground than ever following lawmakers’ grueling questioning of Chew,” Insider Intelligence principal analyst Jasmine Enberg said. The 40-year-old Harvard-educated Chew was never going to get a warm welcome from US lawmakers. Chew, welcome to the most bipartisan committee in Congress,” Republican Rep. That said, Chew needed to provide clear, direct answers to questions posed by lawmakers, particularly those regarding fears of potential Chinese authority over the company. Instead, his murky answers on questions pertaining to the Communist Party of China led to added confusion at times.

☆ Amazon pledged to be Earth's Best Employer. Employees say it's just a 'marketing gimmick' as executives perpetuate the same toxic work culture.
▼ + stars: | 2023-02-16 | by ( Eugene Kim | ) www.businessinsider.com time to read: +10 min

The company even added the slogan "Strive to be Earth's Best Employer" to its set of 16 leadership principles it religiously follows. But 18 months into the launch, employees say the Earth's Best Employer project is off to a bad start. He added that the Earth's Best Employer initiative should focus on creating a meritocracy and long-term goals for the company. For many Amazon employees, the lack of transparency during last month's layoffs seemed to contradict the company's best employer credo. As the economy worsens, some employees believe Amazon's Earth's Best Employer initiative was all just a "marketing gimmick."

☆ The Computers Driving the Oil Market Get Fresh Scrutiny
▼ + stars: | 2022-12-22 | by ( Bob Henderson | ) www.wsj.com time to read: 1 min

It has been a tough year for oil traders. Even the computers haven’t been able to get it right consistently. Wall Street is closely tracking firms that use trend-following algorithms to trade oil futures, which profited mightily from betting on higher prices as crude climbed to more than $120 per barrel this spring. But with oil falling bumpily since June, the trend-followers have waffled between bullish and bearish wagers and given some of those profits back.

☆ Elon Musk's takeover was so poorly planned the company got locked out of its own Twitter account, report says
▼ + stars: | 2022-11-12 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +2 min

Elon Musk's first weeks as owner of Twitter have been mired in controversy and changes to the site. During the chaotic handoff, login details for the official @Twitter account weren't shared, Platformer reported. Twitter staff were locked out of the company's own social account for 12 days, according to Platformer. Sources told Platformer, a newsletter run Casey Newton, former editor of The Verge, the login details for the official @Twitter social account were among the details lost in the fray. The Twitter team finally accessed its account on Wednesday, after about 12 days, Platformer reported, though the account has not posted since October 13.

☆ Wis. Gov. Tony Evers wins re-election in a closely watched race against Republican businessman Tim Michels, NBC News projects
▼ + stars: | 2022-11-09 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | Adam Edelman | ) www.nbcnews.com time to read: +4 min

Tony Evers has won re-election to a second term, NBC News projects, narrowly defeating Republican businessman Tim Michels. With 89% of precincts reporting, Evers had 50.9% of the vote, while Michels got 48%. Shortly after NBC News called the race for Evers, Michels told supporters at his election night party in Milwaukee that he had conceded the race. Republican gubernatorial candidate Tim Michels at a rally hosted by former President Donald Trump in Waukesha, Wis., on Aug. 5. Evers and Michels had been running neck and neck for the entire the race.

Share this -Link copiedWisconsin Senate race too close to call Wisconsin's Senate race between GOP Sen. Ron Johnson and Democrat Mandela Barnes is too close to call, NBC News says. Vance wins Ohio Senate race, defeating Democrat Tim Ryan, NBC News projects COLUMBUS, Ohio — J.D. Ohio Republican Senate candidate J.D. Vance is leading The Senate race in Ohio is too early to call, NBC News says, but Republican candidate J.D. Share this -Link copiedGeorgia Senate race too close to call Georgia's Senate race is too close to call about three hours after polls closed at 7 p.m.

☆ Democratic Sen. Maggie Hassan defeats Republican Don Bolduc in New Hampshire, NBC News projects
▼ + stars: | 2022-11-09 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Alex-Seitz-Wald-Circle-Byline-Template.Jpg | Alex Seitz-Wald | ) www.nbcnews.com time to read: +2 min

WASHINGTON — New Hampshire Democratic Sen. Maggie Hassan won re-election Tuesday, NBC News projects, defeating Republican Don Bolduc and keeping a critical seat in Democratic hands. While the race attracted less attention than some others, Hassan won her Senate seat six years ago in one of the closest races in the country, and Democrats had grown increasingly nervous in recent weeks as Bolduc seemed to gain strength in polls. After winning the nomination, however, he waffled on 2020, saying the election had not been stolen. Democratic Sen. Maggie Hassan at a campaign event on Sept. 10 in Dover, N.H. Scott Eisen / Getty ImagesHe often feuded with fellow Republicans, including his state’s popular Gov. Democrats meddled in the primary because they thought Bolduc would be easier to defeat in the general election.

“We cannot move on from the 2020 election,” he said at a debate in April during the GOP primary. Marchant has said he would not have certified the 2020 results in the state, which Biden won. Republican Tudor Dixon — who has said the 2020 election was stolen — is running for governor against Democratic incumbent Gretchen Whitmer. Matthew DePerno, who is running for attorney general against Democratic incumbent Dana Nessel, has also repeatedly espoused debunked conspiracy theories surrounding the 2020 election results in Michigan. DePerno has also argued that any Michigan resident should have the right to demand a vote audit of the state’s election results.

☆ Ohio Republicans focused on winning a battleground Senate race still find things to admire in Tim Ryan just days before the crucial midterm elections
▼ + stars: | 2022-11-04 | by ( Warren Rojas | ) www.businessinsider.com time to read: +4 min

Senate hopefuls JD Vance and Tim Ryan are making their closing pitches to Ohio voters. Some Buckeye State Republicans give Democrat Ryan points for his fighting spirit. Ohio Senate hopeful JD Vance mingles with local Republicans during Ohio GOP's bus tour stop in Zanesville, Ohio. She can't say the same for Vance, who Drenan claims waffled about abortion in his final debate with Ryan. "That's how dissatisfied I am with Republicans right now."

While Friday night’s debate was entirely civil, the two candidates displayed the clear differences between them on major issues. Michels claimed “illegal voting did happen in the last election” despite no evidence widespread fraud occurred. Throughout the Republican primary race, Michels repeatedly said there was fraud in the 2020 election, echoing Trump’s disproven claims. Evers and Michels are locked in a tight race. The latest Marquette Law School poll, released Wednesday, showed Evers slightly leading Michels among likely voters, 47% to 46% — within the margin of error.

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