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☆ Llechwedd slate mine is home to the world’s deepest underground mini-golf course
▼ + stars: | 2023-11-21 | by ( Jack Bantock | ) edition.cnn.com time to read: +4 min

Fasten your mining helmet and plunge 152 meters (498 feet) below ground into a disused cavern at Llechwedd slate mine, home of the world’s deepest underground mini-golf course. Run by outdoor adventure activity company Zip World, the quarry has transformed into a thrill-seeker’s paradise. Opened in July 2022, it’s not the world’s only below-ground golf experience, but it is comfortably the deepest. Diving closer to Llechwedd’s record is the Turda Salt Mine in Romania, which stages a six-hole mini-golf venue 120 meters (394 feet) into the Transylvanian soil. Zip WorldBounce BelowBut the Llechwedd mines offer more than just mini-golf.

Persons: it’s, Trampolining, tightropes Organizations: CNN, Welsh, Caernarfon Creameries Locations: North Wales, Illinois, Romania, St Paul’s Cathedral

☆ Staff at Pure Barre and other boutique gyms say a major franchisee stiffed them on pay, sent bizarre emails, and talked about drinking his own urine
▼ + stars: | 2023-11-21 | by ( Jake Swearingen | Jack Newsham | ) www.businessinsider.com time to read: +15 min

Staff at some Pure Barre, CycleBar, Row House, and other high-end fitness studios aren't being paid. Outposts of CycleBar, Row House, and other pricey fitness studios have also shut their doors, suddenly and sometimes without explanation. In one call reviewed by Business Insider, Brown spoke about drinking his own urine. In his November 8 email to all studio staff, Brown wrote that he "failed all of you." And unlike the fitness studio employees, they didn't find the message or tone of Brown's November 8 email surprising.

Persons: Mitch Brown, —, Brown, Amy, Xponential, Jaime Miettinen, Miettinen, Mitch, Jason Whitman, Stride, hollowing, we're, Pamela Chatman, CycleBar, Subreddits, Chatman Organizations: Service, Staff, Business, Midwest, Professional Holdings, Employees, Xponential, Research, Holdings, Fitness, Pure Locations: Barre, CycleBar, Pure Barre, Detroit, California, New York, Ohio, Michigan, Brown

☆ Bank of America sees the S&P 500 rising to 5,000 next year, anticipates a 'stock picker's paradise'
▼ + stars: | 2023-11-21 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

Savita Subramanian, the bank's head of U.S. equity and quantitative strategy, wrote Tuesday she sees the S & P 500 ending 2024 at 5,000. "We are past maximum macro uncertainty," wrote Subramanian. The S & P 500 on Friday posted a three-week winning streak — its longest run since this past summer. The strategist also noted other reasons she's bullish heading into 2024, including: Expectations of S & P 500 earnings rising more than 6% year over year. How to play it She anticipates a "stock picker's paradise" as certain companies separate themselves from the pack.

Persons: Savita Subramanian, Subramanian, she's Organizations: of America, Federal, Bull Locations: Monday's

☆ Cramer broadly agrees with Bank of America's bullish analysis, says next year could bring gains for the S&P 500
▼ + stars: | 2023-11-21 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Tuesday reacted to Bank of America 's bullish outlook for 2024, agreeing that it's possible S&P 500 could reach 5000 by the end of next year. "Broadly speaking, I actually agree with Savita Subramanian at Bank of America that we could go to 5000 on the S&P," he said. The S&P 500 is seen by most on Wall Street as the best gauge for large-cap U.S. stocks, and it closed on Tuesday at 4,538.19. After a tough few months, the S&P 500 has seen a turnaround, advancing 8.4% for the month, it's largest monthly increase since July 2022. Subramanian wrote the market has moved past its "maximum macro uncertainty," explaining that it has already absorbed significant geopolitical shocks and companies have adapted to higher rates and inflation.

Persons: CNBC's Jim Cramer, Savita Subramanian, Subramanian, Cramer Organizations: Bank of America, Reserve, Nvidia, Microsoft, FTC

☆ Opinion: The drama around Sam Altman is an urgent warning
▼ + stars: | 2023-11-21 | by ( Opinion Jill Filipovic | ) edition.cnn.com time to read: +7 min

And OpenAI, the company behind ChatGPT, is on its third CEO in as many days. And how should other institutions – governments, non-tech industries, global alliances, regulatory bodies – reign in the worst excesses of potentially dangerous AI innovators? This dynamic – a potentially dangerous technology developed at extreme speed, largely behind closed doors – is partly to blame for Altman’s firing. And we all have a stake in whose interests AI will serve – and right now, its development is being funded with billions of dollars by people expecting to make a huge profit. The Altman story is fascinating because Altman is the most powerful figure in AI technology, which in effect makes him one of the most powerful men in the world.

Persons: Jill Filipovic, Sam Altman, Altman, Jill Filipovic It’s, OpenAI, CNN’s David Goldman, he’ll, ”, – Organizations: Twitter, CNN, Microsoft, Israeli Defense Force Locations: New York, Big Sur, Yorker, Atlantic, Silicon Valley

☆ Torso found at Breezy Point Beach in Queens; NYPD investigating
▼ + stars: | 2023-11-20 | by ( Paradise Afshar | ) edition.cnn.com time to read: 1 min

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☆ CNBC Daily Open: Trouble in AI paradise
▼ + stars: | 2023-11-20 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +3 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. [PRO] Nvidia earnings in focus After the flurry of inflation reports last week, this week looks comparatively quiet in terms of economic data releases. In other words, there will be other companies — like Anthropic or Google — more than ready to assume AI leadership. And Nvidia's report, out Tuesday, will in all probability reassure investors shaken by the cracks in the gilded world of generative AI.

Persons: Sam Altman, Michael Herzog, Musk, Stocks, Scott Ladner, OpenAI, Sam Altman's, Ilya, Zachary Lipton, Patrick Moorhead Organizations: APEC, Summit, Moscone West, CNBC, Hamas, Apple, Disney, IBM, Twitter, Media Matters, America, Dow Jones, Nasdaq, Dow, Horizon Investments, Carnegie Mellon University Locations: San Francisco , California, Israel, U.S

BARCELONA, Spain (AP) — Global pop star Shakira has been summoned Monday to a Barcelona courthouse to attend the first day of her trial for allegedly defrauding Spanish tax officials of millions of euros. Shakira, 46, faces six counts of failing to pay the Spanish government 14.5 million euros (about $15.8 million) in taxes between 2012 and 2014. In a separate investigation, Spanish state prosecutors charged Shakira in September for her alleged evasion of 6.7 million euros in tax on her 2018 income. They accused her of using an offshore company based in a tax haven to avoid paying the tax. Shakira, whose full name is Shakira Isabel Mebarak Ripoll, has two children, Milan and Sasha, with Barcelona soccer star Gerard Pique.

Persons: Shakira, Prosecutors, Llorente, “, José Manuel del Amo, Madonna, Bono, Marco Juberías, ”, Juberías, Lionel Messi, Cristiano Ronaldo, Shakira Isabel Mebarak Ripoll, Sasha, Gerard Pique, triumphing Organizations: Prosecutors, Shakira, NBC, Real Madrid, Barcelona, “ Locations: BARCELONA, Spain, Barcelona, Colombian, Bahamas, Cuenca, Molins, United States, Milan, Miami, Seville

☆ Living in a ski town sounds like a dream. But the reality is crushingly expensive.
▼ + stars: | 2023-11-19 | by ( Dan Latu | ) www.businessinsider.com time to read: +5 min

Ski towns are so expensive that workers struggle to afford local housing and stay in their jobs. Vail, Colorado has spent $17 million paying homeowners to rent to local workers, according to the Wall Street Journal. The typical home value in Breckenridge was $1.1 million in October, while in Vail, 40 miles west, it was $1.6 million, according to Zillow. He told Business Insider earlier this year that the worker exodus from Vail has forced his business to stop offering lunch some days. Advertisement"Teachers, like myself, want to stay here in the community, but doing so requires the stability that homeownership can offer," Weibel told Business Insider.

Persons: —, Callie Kuchan, Business Insider's Jordan Pandy, Kuchan, Pandy, Vail, George Ruther, Ruther, he's, Paul Anders, Anders, Allison Weibel, Weibel Organizations: Wall Street, Service, Business, Street Journal, US Department of Housing, Urban, Policy Development, Research, Vail Daily, Vail Locations: Vail , Colorado, Breckenridge , Colorado, Illinois, Chicago, Breckenridge, Vail, Aspen, , Montana

☆ An Italian ski resort shut down by climate change plans to reopen with artificial snow. Not everyone is happy
▼ + stars: | 2023-11-18 | by ( Barbie Latza Nadeau | ) edition.cnn.com time to read: +8 min

Now, plans to build a multi-million-dollar ski facility on a snowless northern Italian mountain may prove equally challenging. The Lake Como town of Bellagio is among communities backing the reopening of ski facilities. Old turnstiles, ski lift pillars, and even a map of now-vanished pistes can still be found on the mountain. Snow could become even more scarce in the future as the impacts of the climate crisis accelerate. The first plans for the Monte San Primo ski area were passed and the money pledged in early 2022.

Persons: Matteo Colombo, ”, Roberto Fumagalli, Fumagalli, doesn’t, Monte, George Clooney “ We’ve, George Clooney, “, hasn’t, ” Fumagalli, Snow, Roberto Fumagalli ‘, Angelo Barindelli, Alessandro Fermo, It’s, won’t Organizations: CNN, Getty, World Wildlife Fund, Italian Alpine, Alamy, Hollywood, Protesters, Lombardy Regional Council, Facebook, Monte Locations: Messina, Venice, San, Lake Como, Bellagio, Monte San, Mauritius, Cardiff, Bristol, Italy, Ethiopia, of Africa, Lombardy, Monte San Primo

☆ Maui fires: 100 days later, 4 names remain on the Lahaina missing list. These are the people trying to find them
▼ + stars: | 2023-11-18 | by ( Alyssa Kraus | Mike Valerio | ) edition.cnn.com time to read: +10 min

Maui Police removed a fifth individual from the Lahaina fire missing list as recently as October. Officers tasked with finding missing persons from the inferno, or, the remains of Lahaina’s missing, are still searching the burn zone. Details concerning the three remaining people on the Lahaina fire credible missing list have not been previously reported. “Robert Owens, he was known to frequent Lahaina,” Landsiedel said. The officers within MINT carry a triple burden: coordinating Lahaina missing persons investigations, tracking identification efforts, and, ultimately, notifying family members of the dead.

Persons: Mario Tama, Lahaina’s, “, ”, Brad Taylor, Steven Landsiedel, ” Landsiedel, Lydia Coloma, Paul Kasprzycki, Robert Owens, Elmer Lee Stevens, “ Robert Owens, Landsiedel, ” Elmer Lee Stevens, Kasprzycki, Artur Babkov, CNN Babkov, Taylor, ” Taylor, I’m, Billy Graham, Steve, Tony Earles, it’s, ” Earles Organizations: CNN, NASA, Maui Police Department, Authorities, Maui Police, Maui –, Maui, Honolulu Civil, MINT, Honolulu Police Department, Billy, Billy Graham Rapid Locations: West Maui, Lahaina, Maui, Hawaii, Honolulu, Lahaina . Stevens, California, “, Paradise , California, Northern California, Paradise, West

☆ Heart-shaped beds and champagne hot tubs: Inside America’s adults-only hotels
▼ + stars: | 2023-11-17 | by ( Francesca Street | ) edition.cnn.com time to read: +12 min

CNN —Heart-shaped hot tubs surrounded by rose petals, circular beds with ceilings that replicate a starry night sky and jaw-dropping, seven-foot-tall champagne-glass whirlpools for two. Margaret and Corey Bienert/Courtesy Artisan BooksThe Cove Pocono Resorts premiered its heart-shaped hot tub in 1963. For Margaret and Corey, these images of the champagne tub became the thesis statement of their hotel project. Not all the hotels Margaret and Corey frequent are 20th century relics. Margaret and Corey Bienert/Courtesy Artisan BooksWhile most of the hotels Margaret and Corey highlight are in the US, the book also spotlights a few elsewhere in the world.

Persons: Margaret, Corey Bienert, –, ” Margaret, Corey, Morris Wilkins, Wilkins, upping, they’re, Don, aren’t, Toledo , Iowa –, Trixie Mattel, ”, “, Don Q, Margaret Bienert, they’ve, honeymooned, we’ve, “ It’s, it’s, “ There’s, there’s, hadn’t, “ I’ve, Diego Calvo Organizations: CNN, Resorts, CNN Travel, Artisan Books, Miami Princess Hotel, Pocono Resorts, “ Owners, Mon Chalet Locations: Pennsylvania, Pocono, Miami , Florida, Wisconsin, South Amboy New Jersey, Idaho and Utah, Toledo , Iowa, Galena , Illinois, Wildwood, Florence , Kentucky, swingers, Colorado, Idaho, Ibiza, Spain, Spanish

☆ An American tourist died after a boat bound for a private island sank in the Bahamas
▼ + stars: | 2023-11-17 | by ( Marielle Descalsota | ) www.businessinsider.com time to read: +2 min

An American tourist died after a ferry sank in the Bahamas. The ferry was headed to Blue Lagoon Island in Nassau, the capital of the Bahamas. AdvertisementAn American tourist died after a ferry with over 100 passengers sank in the Bahamas on Tuesday morning, the Associated Press reported, citing local police. The ferry sank en route to Blue Lagoon Island, a private island in the capital of Nassau. In 2022, 17 migrants died after the boat they were on capsized off Paradise Island in the Bahamas.

Persons: —, Chrislyn Skippings Organizations: Service, Associated Press, Royal Bahamas Police Force, AP, Business Locations: American, Bahamas, Nassau, Broomfield , Colorado, Nassau Bahamas

☆ Puerto Rico Was Supposed to Be John Paulson’s Paradise. Then Came the Lawsuits.
▼ + stars: | 2023-11-16 | by ( Caitlin Mccabe | ) www.wsj.com time to read: 1 min

John Paulson made a fortune on Wall Street betting the housing market would collapse. His reinvention as a property tycoon opening Puerto Rico to the wealthy is proving trickier. The 67-year-old has spent hundreds of millions of dollars over a decade buying and developing luxury resorts, condos and high-rise offices in the U.S. territory. The island’s government has introduced tax breaks to attract rich home buyers and businesses, and Paulson has said the opportunity is akin to Miami before its epic boom in the 1980s.

Persons: John Paulson, Paulson Organizations: Wall Locations: Puerto Rico, U.S, Miami

But consumer advocacy groups complained, arguing PG&E could save ratepayers money and still reduce wildfire risk by putting a protective covering over the power lines instead of burying them. Commissioners decided to let PG&E bury 1,230 miles (1,979 kilometers) of power lines, which would be $1.7 billion cheaper than PG&E's proposal. For low-income customers who qualify for discounted rates, PG&E said typical monthly bills will increase by $21.50 next year, followed by a $3 per month increase in 2025 before decreasing by $5.50 per month in 2026. The turning point for PG&E came in 2018 when a windstorm knocked down one of its power lines in the Sierra Nevada foothills that started a wildfire. The company has pledged to bury 10,000 miles (16,093 kilometers) of power lines over the next decade.

Persons: ”, John Reynolds, Patti Poppe, undergrounding powerlines, Gavin Newsom, ratepayers, Darcie Houck, Cheryl Maynard Organizations: Pacific Gas & Electric, California Public Utilities Commission, Reform Network, E, Democratic Gov, & $ Locations: SACRAMENTO, Calif, California, Sierra Nevada

☆ ‘Fallen Leaves’ Review: Love (and Laughs) Among the Ruins
▼ + stars: | 2023-11-16 | by ( Manohla Dargis | More About Manohla Dargis | ) www.nytimes.com time to read: +2 min

Modestly scaled and tonally perfect, “Fallen Leaves” opens in a fluorescent hell-on-earth and ends with a vision of something like paradise. A lot of the drinks are downed hurriedly and often furtively by a man, while elsewhere a woman listens to sad songs. A Finnish writer-director best known on the international festival circuit (“Fallen Leaves” won a major award at the 2023 Cannes), Kaurismaki makes movies — precise, austere, plaintive — that resist compartmentalization. Set in contemporary Helsinki, “Fallen Leaves” opens on the woman who listens to sad songs; it’s a habit that suggests she’s a familiar genre type — she isn’t. That’s pretty much what happens when a supermarket manager later fires Ansa for taking some expired food.

Persons: Aki, Kaurismaki, she’s, Alma Poysti, Ansa, Kaurismaki doesn’t Locations: Finnish, Cannes, Helsinki, —, Ukraine

☆ You can stay on Richard Branson's private island this holiday season—rates start at $5,400 a night
▼ + stars: | 2023-11-15 | by ( Celia Fernandez | ) www.cnbc.com time to read: +1 min

Have you ever wanted to walk in Sir Richard Branson's shoes? The business mogul is inviting people to visit Necker Island, his famous private island in the Caribbean. Sir Branson typically has friends and family stay during the holiday season or rents out the entire island for over $100,000. But this year, Sir Branson and his team at Necker Island are expanding their offerings. For stays from November 18-25 and December 11-20, rates start at $5,400 a night per room, while stays from December 20-26 start at $5,850.

Persons: Sir Richard Branson's, Sir Branson, they've, James Basson, Necker Island's Organizations: CNBC Locations: Necker, Caribbean

Conservatives also say Johnson, who was a rank-and-file member up until this point, hasn’t broken their trust yet. “Kevin was in a very difficult situation when that happened,” Johnson told CNN. But it wasn’t enough to win them over; the House Freedom Caucus took an official position against the plan. “Speaker Johnson must reassert his authority in this fight,” Freedom Caucus Chairman Scott Perry, a Pennsylvania Republican, said ahead of the vote. “I think if you’re going to oust a speaker of the House from your conference, the red line should remain the same for the next speaker,” Greene said.

Persons: Mike Johnson’s, Kevin McCarthy, –, McCarthy, Johnson, haven’t, ”, Bob Good, there’s, “, Tom Cole, we’ve, Warren Davidson, that’s, Chip Roy, Dan Bishop of, Kevin, ” Johnson, Scott Perry, “ He’s, Troy Nehls, ” McCarthy, Dusty Johnson of, Garret Graves, McCarthy ”, Patrick McHenry of, Marjorie Taylor Greene, ” Greene Organizations: Democratic, House Republican Conference, Louisiana Republican, CNN, GOP, ”, Freedom Caucus, Caucus, Fox Business, “, Pennsylvania Republican, California Republican, Dusty Johnson of South Dakota Locations: Louisiana, Virginia, Oklahoma, Ukraine, Israel, Warren Davidson of Ohio, Texas, Dan Bishop of North Carolina, Pennsylvania, “, California, Dusty Johnson of South, Patrick McHenry of North Carolina, Washington, Marjorie Taylor Greene of Georgia

☆ Club hero to get special display for ball after six wickets in an over
▼ + stars: | 2023-11-14 | by ( ) www.reuters.com time to read: +2 min

Nov 14 (Reuters) - The ball with which Australian Gareth Morgan claimed six wickets in an over to seal the unlikeliest of victories in a local match will get a special display thanks to the Mudgeeraba Nerang and Districts Cricket Club president, the player said on Tuesday. "I have (kept the ball)," Morgan told the BBC. "My club president told me to give to him and he'll make sure to mount it on something special." Morgan said the umpire had joked with him about needing a hat-trick in the final over and both were left stunned. Below is the final over in Morgan's words:*FIRST BALL"I came in to a guy who was batting well... in the sixties.

Persons: Gareth Morgan, Skipper Morgan, Morgan, he'll, fellas, I'd, Shrivathsa Sridhar, Pritha Sarkar Organizations: Districts Cricket Club, Gold Coast Premier League division, Carrara Community, BBC, Thomson Locations: Carrara, Bengaluru

☆ This US couple sold their house and moved to Italy for good
▼ + stars: | 2023-11-13 | by ( Silvia Marchetti | ) edition.cnn.com time to read: +7 min

CNN —The pandemic’s enforced period of no travel led an American couple to rethink their life and retire to sunny southern Italy. “We decided to sell our home, our car and all superfluous possessions and make Italy our retirement home for good. The couple looked at different southern Italian regions offering a 7% flat tax for new immigrant retirees, before picking Puglia. The unexpected rising temperatures in southern Italy are too much even for Louisiana natives. “There is a great amount of work that goes into the legal preparations in Italy if you want to actually live there,” says Glenda Tuminello.

Persons: we’ll, Stanley Tucci, Seventysomethings Glenda, Randy Tuminello, Covid, ” Glenda Tuminello, “, –, ”, Glenda Tuminello Randy Tuminello, it’s, Glenda Tuminello, they’ve, Michal Ludwiczak, they’re Organizations: CNN, intel, CNN Travel, “, Louisiana Locations: American, Italy, Spokane , Washington, Polignano, Puglia, Adriatic, Cefalù, Louisiana, Italian, Mare

☆ A Florida boomer said he 'can't move back to California fast enough' due to better weather and calmer lifestyle
▼ + stars: | 2023-11-11 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +7 min

A boomer living in Sarasota, Florida, said he can't wait to move back to California. The former Los Angeles resident said Florida's weather and lifestyle have driven him to house hunt. Prevesk moved to Florida in 2018 for a business opportunity after his mother died. He knew as a kid that moving to Florida or California would be the goal. AdvertisementAdvertisementIn addition to Southern California, Prevesk is also potentially looking to move to Colorado or Utah for their nature and similar cost of living to Florida.

Persons: —, Steve Prevesk, Prevesk, I've, California Prevesk, he's, He's, staters, haven't Organizations: Service, Sarasota, Santa Monica, Studio Locations: Sarasota , Florida, California, Angeles, Los Angeles, Western New York, Florida, —, Miami, Tampa, Orlando, New York, Sarasota, Studio City, Santa, Southern California, Prevesk, Colorado, Utah

☆ COVID-19 fraudsters bought fancy cars, a Pokemon card - even a private island
▼ + stars: | 2023-11-10 | by ( ) www.cnbc.com time to read: +9 min

Patrick Parker Walsh is serving five and half years in federal prison for stealing nearly $8 million in federal COVID-19 relief funds that he used, in part, to buy the island. Instead, he's serving five and half years in federal prison for stealing nearly $8 million in federal COVID-19 relief funds that he used, in part, to buy Sweetheart Island. They potentially plundered more than $280 billion in federal COVID-19 aid; another $123 billion was wasted or misspent. They've created special "strike forces " to hunt down COVID-19 aid thieves and vowed not to give up the chase. A few weeks after Oudomsine applied for the pandemic aid, the government rushed him $85,000 to keep his non-existent business afloat.

Persons: Richard Lardner, Patrick Parker Walsh, Julio Aguilar, he's, fraudsters, Donald Trump, Ivanka Trump, James Brady, Trump, Alex Wong, Bob Westbrooks, Westbrooks, They've, Lisa Monaco, General Merrick Garland, Garland, David Weiss, Hunter Biden, Joe Biden, Drew Angerer, Konstantinos Zarkadas, Cartier, Zarkadas, Lee E, Price III, Price, Vinath Oudomsine, Oudomsine, Mickey Mantle, Dudley H, Bowen, Patrick Walsh's, Walsh, Jamie Lovemark, Kevin Lamarque Organizations: Press, AP YANKEETOWN, Associated Press ., James, Getty, YouTube, U.S . Justice, Top Justice Department, U.S, U.S . Department of Justice, Rolex, Houston, Associated Press, National Transportation Safety Board, Bethany Locations: Yankeetown, Fla, Sweetheart, Coast, Florida's, Florida, Associated Press . WASHINGTON, DC, U.S, Washington ,, Las Vegas, Tennessee, Vermont, COVID, Washington , DC, New York, Houston, Georgia, America, Bethany Beach , Delaware

☆ Lahaina’s Immigrants Weigh an Uncertain Future
▼ + stars: | 2023-11-10 | by ( Tim Arango | More About Tim Arango | ) www.nytimes.com time to read: +1 min

But she found a measure of happiness: peace, community, beautiful sunsets and an apartment near the Pacific Ocean. Now even that modest bit of paradise is in jeopardy, after the wildfire that ravaged Lahaina in August and killed 99 people. She soon found herself living in the hotel where she worked. “You can start a new life in another place,” she has told her children. Many families are facing similar dilemmas as they wonder whether a future Lahaina will have a place for them.

Persons: Nancy Morales, Morales Locations: Hawaii, Mexico City, Mexico, Maui, Lahaina, United States

☆ We moved to Mexico from Texas and have never been happier. We're saving $2,000 a month and can even afford to go to the dentist.
▼ + stars: | 2023-11-08 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +7 min

Braelyn and Spencer Stone moved from Houston, Texas, to Mérida, Mexico, in 2022. They've reduced their debt by living in Mexico but miss their family and friends. AdvertisementAdvertisementThis as-told-to essay is based on a conversation with social-media managers Braelyn, 31, and Spencer Stone, 27, about moving to Mérida, Mexico, in 2022 after becoming unable to afford life in Houston, Texas. Rectoria El Jesus Tercera Orden in Mérida, Mexico. I would say we are saving a little over $2,000 each month — depending on how much we want to splurge.

Persons: Braelyn, Spencer Stone, They've, —, Spencer, COVID, Rectoria, Pawel Toczynski, we've, We've, That's, I'm, Bumble, There's Organizations: Service, Spencer, Healthcare, Baylor, University of Houston, Jesus Tercera Orden Locations: Houston , Texas, Mérida, Mexico, Houston, Jesus, States

SAN FRANCISCO (AP) — Heidi Lange was among the first to rebuild after the deadliest wildfire in California history destroyed her home in 2018 along with much of the town of Paradise. Residents have received annual premiums that near or exceed $10,000 — leaving many to wonder how they're supposed to rebuild their hard-hit community when insurance is so shockingly high for houses in an area that is supposed to be among the most affordable in California. Seven of the 12 top home-insurers in California — including Farmers Insurance, State Farm, Allstate — have paused or restricted new business in California, saying they can’t afford to take on new clients. Carl Johnsen, a retired drywall contractor, has lived in the same house since 1979, when he moved to Paradise. The Robinsons are paying $4,500 through the California Fair Access to Insurance Requirements Plan, and $750 with another insurer for supplemental liability coverage.

Persons: — Heidi Lange, “, ”, Ricardo Lara, Michael Soller, Rex Frazier, Carl Johnsen, Johnsen doesn’t, Gene Robinson, Robinson, Lara, Soller, Kathy Ehrhart, ” Lange Organizations: FRANCISCO, Fire, Farmers Insurance, State Farm, Allstate, California’s, Insurance Department, Paradise . Farmers Insurance, Farmers, “, Personal Insurance Federation of, Robinsons, FAIR Locations: California, Paradise, Personal Insurance Federation of California, Louisiana , Texas, Florida, Chicago

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