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☆ 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

☆ Samsung hints at new products as it bets on AI to drive upgrades to its latest foldable phones
▼ + stars: | 2024-07-26 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +6 min

Samsung unveiled a slew of new products including foldable smartphones, new smartwatches and the Galaxy Ring. "I believe strongly that these Galaxy AI, mobile AI are strong motivation and driver for purchase of new products," he added. Still, many analysts don't expect these early AI apps alone to drive new phones sales. So we're going to provide and enhance Samsung software and apps for consumers," Roh said. He said that the hardware components required for foldable smartphones are improving, as is the relevant software.

Persons: Roh, Arjun Kharpal, Bixby, we'll Organizations: Galaxy, Samsung, CNBC, Samsung Electronics, Galaxy AI, Apple Intelligence, Apple, Google, Korean Locations: Paris, France, U.S, China

☆ 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

☆ They moved to the US from India. The transition was hard but they've grown to love the work-life balance.
▼ + stars: | 2024-07-26 | by ( Ana Altchek | ) www.businessinsider.com time to read: +4 min

"I had no reason to move here because my whole family, everyone was back in India," Bajaj said. She said interviews in India focus on past experience, while in the US, you are expected to sell yourself and talk about what you can bring to the table. In India, she said work place was very much a "community" where her coworkers were her best friends. Bajaj and Shah said they both had to learn the boundaries of professionalism in the US. Advertisement"You can do 18 hours of work in India because all you are doing is working," Bajaj said.

Persons: —, Priya Bajaj, Bajaj, Bajaj's, Darshan Shah, Shah, it's, hadn't Organizations: Service, Google, Sony Pictures, Business, Bajaj Locations: India, Mumbai, America

☆ Here are Friday's biggest analyst calls: Nvidia, Apple, Tesla, Skechers, Meta, Southwest, Amazon, Sweetgreen, & more
▼ + stars: | 2024-07-26 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Morgan Stanley reiterates Tesla as overweight Morgan Stanley said it's sticking with its overweight rating on Tesla " Tesla AI Infrastructure 'base' is by far the fastest rising part of its asset base." Morgan Stanley downgrades WW International to equal weight from overweight Morgan Stanley downgraded the company formerly known as Weight Watchers due to concerns about free-cash flow. Morgan Stanley initiates CervoMed as overweight Morgan Stanley said it's bullish on shares of the biotech company. " Morgan Stanley downgrades STMicroelectronics to equal weight from overweight Morgan Stanley downgraded the stock following earnings. Morgan Stanley reiterates Meta as overweight Morgan Stanley said buy the dip in shares of Meta.

Persons: Redburn, Lockheed Martin, Raymond James, Apple, it's, Morgan Stanley, Tesla, Piper Sandler, Alexander, Baldwin, Piper, ALEX, TD Cowen, Morgan Stanley downgrades STMicroelectronics, Baird, Meta, Guggenheim, Oppenheimer, Sweetgreen, Stifel, Jefferies, Rosenblatt Organizations: Deutsche Bank, Airlines, Deutsche, Lockheed, Apple, Citi, Amazon, AMC, International, Dianthus Therapeutics, Meta, " Bank of America, underperform Bank of America, Barclays, Microsoft, Aviation, Security, Nvidia, Qualcomm, Pharmaceuticals Locations: NYC, Brunswick

☆ 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

☆ These 10 U.S. states are America's best-prepared for climate change and extreme weather
▼ + stars: | 2024-07-26 | by ( Scott Cohn | ) www.cnbc.com time to read: +12 min

Some states are particularly vulnerable to climate risks, but these ten states are most ready for what Mother Nature has in store. 2024 Infrastructure Score: 276 out of 425 points (Top States Grade: A+) Climate Extremes Index: 14.9% Properties at risk: 96% Renewable energy: 24% 8. 2024 Infrastructure Score: 189 out of 425 points (Top States Grade: C-) Climate Extremes Index: 22.12% Properties at risk: 34% Renewable Energy: 77% 2. While a large percentage of Idaho properties are susceptible to climate risk, the danger of flooding is relatively minimal. 2024 Infrastructure Score: 195 out of 425 points (Top States Grade: C) Climate Extremes Index: 16.54% Properties at Risk: 90% Renewable Energy: 78% 1.

Persons: Jeremy Porter, Pete Buttigieg, Maria Lehman, Nature, Marli Miller, Justin Sullivan, Wolfgang Kaehler, Matt McClain, Randy Olson, Forester John Erixson, Kirby Lee, Jared Polis, Mario Tama, Rushmore, Idaho Neil Lincoln, Brownlee, Robert Gauthier, William, Marcia Lee, David Becker Organizations: First Street Foundation, Infrastructure Law, Transportation, CNBC, American Society of Civil Engineers, First, Atmospheric Administration, U.S . Department of Energy, Oregon Solar, UCG, Getty, Oregon Department of Energy, Washington, Cedar, Bio Energy Washington, Lightrocket, Washington Department of Commerce, Clean Energy Fund, New, Washington Post, Energy, Nebraska, Nebraska Forest, Colorado, University of Colorado, California, Energy Department, Dakota, Idaho Power, Los Angeles Times, Idaho Locations: Louisiana, States, Oregon, Valley , Oregon, Arizona, Phoenix , Arizona, Maricopa County, Phoenix, King, King County , Washington, United States, New Mexico, Mora , NM, Nebraska, Loup, Taylor , Nebraska, Boulder , Colorado, Palm Springs , California, California, Texas, South Dakota, Cavan, Iowa, Idaho, Nevada, Las Vegas

☆ Paris Olympics is the latest test of whether sports can win subscribers for NBC's Peacock
▼ + stars: | 2024-07-26 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +6 min

In this article CMCSA Follow your favorite stocks CREATE FREE ACCOUNTThe Paris 2024 logo representing the Olympic Games is displayed near the Eiffel Tower in Paris on April 21, 2024, in anticipation of the 2024 Paris Olympic Games and Paralympic Games. Chesnot | Getty ImagesThe Paris Olympics will offer Comcast another chance to lift its streaming platform, Peacock, as it aims to not only attract more subscribers but keep them. But most importantly, Peacock will air the entirety of the Summer Olympics for the first time. The 2020 Tokyo Olympics, which were held in 2021 due to the Covid pandemic, drew the lowest-ever audience for the Summer Games. The Beijing Olympics in 2022 had the lowest viewership ever for the Winter Games, which are notably smaller than the Summer Olympics.

Persons: Peacock, it's, Comcast's, Craig Moffett, they've, Molly Solomon, Kelly Campbell, Simone Biles, Lindsey Wasson, NBCUniversal, Mike Tirico, Grant Fisher, Abdihamid Nur, Patrick Smith Organizations: Olympic, Olympic Games, Paralympic Games, Chesnot, Comcast, Olympics, Ariake Gymnastics, NBC Radio, NBC, Summer Games, Beijing, Winter, Paris Games, Summer, Games, Australia, Team USA, Hayward Field, Getty Locations: Paris, MoffettNathanson, East Coast, U.S, Tokyo, United States, Japan, France, of Versailles, USA, men's, Eugene , Oregon

☆ 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

☆ 31-year-old once played guitar for $3 in tips—now he brings in up to $70,000 a month between music and real estate
▼ + stars: | 2024-07-26 | by ( Jennifer Liu | ) www.cnbc.com time to read: +6 min

Lin pours earnings from his day job into real estate. Managing rental properties: 'It's so minimal that I don't even consider it work'The majority of Lin's $1 million net worth is tied up in real estate. He chose to buy in Little Rock, where real estate prices are lower and rent is stable, he says. Lin bought a portfolio of three houses in March 2023, then another building in February 2024. Real estate takes up a lot of Lin's time when he's actively searching for a new place to buy, or when he's dealing with tenant turnover.

Persons: Moses Lin, Lin, Lin customizes, Sophie Epton, influencers, he'll, I'm, — I'm, I've, It's, he's, who's, we're Organizations: CNBC Locations: Southern California, Little Rock , Arkansas, California, Italy, Lake Como, Milan, Ireland, Dubai, Singapore, Chicago , New York, Little Rock

☆ I drove for Uber Eats in between jobs. I wouldn't recommend it to anyone.
▼ + stars: | 2024-07-26 | by ( Elle Hardy | ) www.businessinsider.com time to read: +5 min

Read previewThis as-told-to essay is based on a conversation with Chandler Moncada, a 29-year-old former Uber Eats driver in Phoenix. In May 2023, I got laid off from my full-time job in SEO and started driving for Uber Eats to pay my rent. Related storiesYour car insurance also goes up when you drive for Uber Eats. I focused on delivering in nicer areas, as they usually tip better. I'm no longer driving because I got a new jobDelivering food is very draining and dangerous at times, and there are plenty of stories of Uber Eats drivers getting robbed.

Persons: —, Chandler Moncada, Uber, It's, you've, that's, it's, We're Organizations: Service, Business, Avalon, Progressive, Costco Locations: Phoenix, Paradise Valley, Scottsdale

☆ We're again trimming a red-hot Fed rate cut stock and signaling another portfolio move
▼ + stars: | 2024-07-26 | by ( Zev Fima | ) www.cnbc.com time to read: +3 min

Shares of Stanley Black & Decker were on the move again Friday, adding another 7%, following the morning release of the Federal Reserve's favorite inflation gauge. We've said all along that Stanley Black & Decker would benefit from lower borrowing costs. Stanley Black & Decker brands, which also include Dewalt and Craftsman, are needed for that kind of work. Stanley Black & Decker trim SWK YTD mountain Stanley Black & Decker YTD With Stanley Black & Decker set to deliver earnings Tuesday and its stock now up more than 10% this week, the bar for a strong quarterly print is that much higher. That's why we're leaving a nice-sized chunk of Stanley Black & Decker shares in our portfolio going into the report.

Persons: Stanley Black, Decker, Jim Cramer's, We've, We're, we're, Jim Cramer, Jim Organizations: Stanley, CNBC

☆ Sales of $100 million homes set to double this year as trophy properties recover
▼ + stars: | 2024-07-26 | by ( Robert Frank | ) www.cnbc.com time to read: +2 min

Sales of $100 million homes are on track to double this year, as surging financial markets and hopes for rate cuts fuel a recovery in the ultra-luxury real estate market, according to new reports. As of July 15, six homes in the U.S. have sold for more than $100 million, according to data from Miller Samuel and Douglas Elliman. If the sales pace continues, it would more than double last year's total and likely eclipse the record of nine homes sold for over $100 million in 2021. But sales of homes priced at $50 million, $20 million and even $10 million are all signaling a strong rebound for the ultra-luxury real estate market after its decline in 2023. A penthouse at Central Park Tower — the tallest residential building in the world — closed for $115 million to an unknown buyer.

Persons: Robert Frank, Miller Samuel, Douglas Elliman, Jonathan Miller, Aman, Vladislav Doronin, Oakley, James Jannard Locations: U.S, Manhattan, York, Russian, Palm, Tarpon Island, California

☆ How Visa employed artificial intelligence to check $40 billion in fraud as scammers also take to AI
▼ + stars: | 2024-07-26 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com time to read: +2 min

Payments giant Visa is using artificial intelligence and machine learning to counter fraud, James Mirfin, global head of risk and identity solutions at Visa, told CNBC. The company prevented $40 billion in fraudulent activity from October 2022 to September 2023, nearly double from a year ago. Fraudulent tactics that scammers employ include using AI to generate primary account numbers and test them consistently, said Mirfin of Visa. We do about 300 billion transactions a year," Mirfin told CNBC. It's looking at a range of different attributes and we're evaluating every single transaction," Mirfin said.

Persons: James Mirfin, Mirfin Organizations: Visa, CNBC, PAN

☆ Why so many Gen Zers and millennials have 'money dysmorphia' — even if they are financially better off than they realize
▼ + stars: | 2024-07-26 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +5 min

In fact, Gen Zers — people born between 1997 and 2012 — are more worried about saving than any other generation, a BI survey showed. Nearly half of Gen Zers and millennials have it, according to a recent Credit Karma survey. Money dysmorphia goes beyond wanting to pay off some credit card debt or to contribute more to a 401(k). It's "pervasive worry, vigilance — like an internalized feeling of unsafety with money," Clayman said, even when there aren't pressing financial problems to solve. AdvertisementClayman explained why younger generations are more likely to experience warped views around their finances — and might be more financially stable than they give themselves credit for.

Persons: —, Gen Zers —, Amanda Clayman, Zers, dysmorphia, Clayman, Gen Xers Organizations: Service, Business

☆ The personal cybersecurity concierge is a new perk, and need, among the wealthy
▼ + stars: | 2024-07-26 | by ( Ellen Sheng | ) www.cnbc.com time to read: +4 min

Cybercriminals are increasingly targeting wealthy individuals, making cybersecurity concierges a new must-have for the rich and their families, including executives. While companies are spending heavily on cybersecurity, personal and home devices are generally less protected, making them easier to crack. And despite their sizeable assets and growing threat of cyberattacks, family offices and wealthy families don't think of themselves as targets because hackings are rarely publicized. JPMorgan Private Bank offers cybersecurity help to its ultra-high net worth clients, along with lifestyle and travel services. "I think one of the misconceptions is that — particularly for family offices — 'we're small and nobody notices us.'

Persons: Bill Roth, Jeff Bezos, Saudi Crown Prince Mohammed bin Salman, Lauren Sanchez, Bill Gates, Elon Musk, It's, Bobby Stover, Ernst & Young, They're, Anwar Visram, HardTarget, Ileana Van Der Linde, I've, Visram Organizations: Saudi Crown, Ernst &, JPMorgan, JPMorgan Private Bank, Asset, Wealth Management, CNBC Locations: WhatsApp, Tinder

☆ 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

☆ 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

☆ Trump running mate JD Vance doubles down on 'childless cat ladies' comment about Harris, Democrats
▼ + stars: | 2024-07-26 | by ( Dan Mangan | ) www.cnbc.com time to read: +3 min

Sen. JD Vance, the running mate of former President Donald Trump, on Friday defended his comments accusing key Democrats — including Vice President Kamala Harris — of being miserable "childless cat ladies" who want to "make the rest of the country miserable too," as well as anti-family and anti-kids. Vance has been under fire for days after the "cat ladies" remark resurfaced online following the Ohio Republican's nomination as the party's vice presidential candidate. I explicitly said in my remarks," Vance said. At the time Vance made his remarks Buttigieg was in the process of adopting twin babies with his partner. A month after his comment in 2021, Vance appeared on Tucker Carlson's now defunct-show on Fox News — Kelly's former employer — and expanded on it.

Persons: Sen, JD Vance, Donald Trump, Kamala Harris —, Vance, Trump, I've, Megyn Kelly, —, it's, Harris, Pete Buttigieg, Cory Booker, Alexandria Ocasio, Douglas Emhoff's, Buttigieg, Tucker Carlson's, Fox News —, We're, they've, Kamala Harris Organizations: Ohio, Democratic, Intercollegiate Studies Institute, Transportation, Fox News Locations: Ohio, Alexandria, Cortez

☆ My boyfriend and I met while standing in line for 8 hours. We've been going strong for over 2 years.
▼ + stars: | 2024-07-26 | by ( Jane Ridley | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. We were saddened by the news on September 8, 2022, that Queen Elizabeth II had died at 96. My mom and Aunt Louise decided to go and pay their respects, along with tens of thousands of others who adored the queen. You had to stand in line in one queue to get a wristband to join another one. Aiden wrote to King Charles III to tell him how we metI got home a few hours later, slept two hours, and went to work.

Persons: —, Jessica Stevens, Queen Elizabeth II, Aunt Louise, queued, Aiden, Aiden O'Neill, Harry Swain, wasn't, we'd, Stevens, O'Neill, King Charles III, Louise, texted, Harry, Aiden's, we've Organizations: Service, Westminster Hall, Business, Facebook Locations: Westminster, London, Ohio, Niagara Falls

☆ UK Finance Minister Rachel Reeves pledges most 'pro-growth, pro-business' government the country has seen
▼ + stars: | 2024-07-26 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +4 min

"I will work with business to make sure we're doing all we can to bring wealth creation, to bring business investment to the U.K. economy," she added. "This is going to be the most pro-growth, pro-business Treasury that this country has ever seen," Reeves told CNBC's Steve Sedgwick via remote interview. LONDON — U.K. Finance Minister Rachel Reeves said Friday that the new Labour government would be the most pro-growth and pro-business the country has seen. We need to attract business investment to be able to do that." However, the chancellor has a fine balance to tread given pledges from her party to also boost national investment and public sector pay.

Persons: Reeves, CNBC's Steve Sedgwick, Rachel Reeves, I'm, Keir Starmer, Starmer Organizations: Treasury, CNBC, LONDON, Finance, Labour, Conservative Locations: Rio de Janeiro, Brazil, Britain

☆ Disney is among the most oversold stocks on Wall Street. Here are the others
▼ + stars: | 2024-07-26 | by ( Pia Singh | ) www.cnbc.com time to read: +4 min

Several companies appear oversold this week and could be due for a rebound after a wild week on Wall Street. Stocks with a 14-day RSI reading below 30 often indicate that it's oversold, with a potential rebound possible ahead for the company's shares. Here are some of the most oversold names: Dexcom is the most oversold stock of the list, with a 14-day RSI of 11.6%. Wells Fargo recently reiterated its overweight rating on Disney and its $136 price target, which implies shares could gain 52.4%. That's driven the stock's RSI to more than 81.

Persons: —, Walt Disney, Wells Fargo, we're, Steven Cahall, Wall, Sara Senatore, Senatore, FactSet, LSEG, Myers Squibb, Northrop Organizations: Nasdaq, CNBC, Stock, Entertainment, Walt, Disney, DIS, Media, " Bank of America, Mohawk Industries, RSI, Northrop Grumman, Citizens Financial Group Locations: Bristol

☆ Obama endorses Kamala Harris as she builds momentum against Donald Trump
▼ + stars: | 2024-07-26 | by ( Christina Wilkie | In | ) www.cnbc.com time to read: +1 min

WASHINGTON — Former President Barack Obama and Michelle Obama endorsed Vice President Kamala Harris for president, in a short video released Friday by the Harris campaign. The 55-second clip shows the vice president walking backstage at an event, heading toward her motorcade and answering the phone call on speaker. Oh, it's good to hear you both," Harris says warmly. "I can't have this phone call without saying to my girl Kamala: I am proud of you," Michelle Obama says. Harris thanks them for their friendship and adds, "We're going to have some fun with this."

Persons: WASHINGTON —, Barack Obama, Michelle Obama, Kamala Harris, Harris, Kamala, Michelle, Joe Biden's Organizations: WASHINGTON, Democratic

☆ Defining a buyer's market 'is always a bit tricky,' real estate expert says: 4 signs to monitor
▼ + stars: | 2024-07-26 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +4 min

Despite those headwinds, some indicators show the housing market is shifting away from a seller's market. That doesn't mean it's a buyer's market — yet: "The term buyer's market is always a bit tricky to work with," said Chen Zhao, the economic research lead at Redfin, an online real estate brokerage firm. There are "rules of thumb" to define a buyer's market, like having more than four months of supply, she said. "We're still nationwide somewhat in a seller's market, not a buyer's market yet," he said. Here are four signs that can help you recognize if the housing market in your area is more in buyers' favor: 1.

Persons: Freddie Mac, Chen Zhao, Zhao, they're, We're, Daryl Fairweather, Redfin, Julie Zubiate, Selma Hepp, Sellers Organizations: National Association of Realtors, NAR, Federal, Zillow, CNBC, Finance, Sdi, San Francisco Bay Area Locations: U.S, Redfin, San Francisco Bay

☆ 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

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