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☆ The 50 best places to live in the US, mapped
▼ + stars: | 2024-05-26 | by ( Noah Sheidlower | Jordan Pandy | ) www.businessinsider.com time to read: +4 min

The 2024 U.S. News & World Report list of the Best Places to Live in the US, which was released Tuesday, ranks 150 major cities based on their quality of life, education, crime rates, employment opportunities, and housing. Business Insider mapped the top 50 best places to live, with the top 15 colored dark blue. Southeastern Florida cities like Miami and Fort Lauderdale normally get most of the love from movers outside the state — or even the country. But this year, it's the western part of the peninsula that's well-represented on the list of best places to live. Many have been moving to Arizona, Florida, Texas, and Washington, citing factors such as high home prices, the climate crisis, and politics.

Persons: —, Fort, Austin Organizations: Service, U.S . News, Places, Business, Sunshine State, Fort Collins, Council for Community, Economic Research, State Locations: U.S, Florida , Colorado, North Carolina, Northeast, Southwest, Florida, Colorado, Naples, Sarasota, Pensacola , Tampa, Fort Myers, Melbourne, Naples , Florida, Boise , Idaho, Southeastern Florida, Miami, Fort Lauderdale, Tampa, Colorado Springs, Boulder, Denver, Tennessee, South Carolina, Kentucky, Georgia, Alabama, Buffalo , Pittsburgh, Portland, Davenport , Iowa, Omaha, Lincoln, Texas, California, Austin, McAllen, McAllen , Texas, Francisco, San Diego . Washington , Oregon , Idaho , Nevada, Utah, Arizona , Florida , Texas, Washington

☆ For Millennials, Living Alone Is Status Symbol Milestone
▼ + stars: | 2024-05-25 | by ( Juliana Kaplan | Rosalie Chan | ) www.businessinsider.com time to read: +14 min

That's helping establish a new millennial milestone for some: Ditching roommates, moving out from the family home, and landing on living alone. Business Insider's analysis of American Community Survey microdata from IPUMS found that 10.5% of millennials lived alone in 2022. Per BI's analysis of American Community Survey data via IPUMS, 16% of millennials lived with at least one parent as of 2022. (The data doesn't specify if that means they're living with their parents or if their parents are living with them.) Subsidized solo livingSome lower-earning millennials are able to get assistance reaching the solo-living milestone — but it's not always easy.

Persons: Jess Munday's, Jess Munday's San Francisco, Munday, " Munday, I'm, it's, IPUMS, millennials, Bella DePaulo, they've, DePaulo, she'd, Jess Munday, Dara Feller, Aria Velasquez, they're, " Velasquez, Velasquez, Erica Charles, she's, Charles, Rick Fry, Fry, She'd, She's, Clibborn, Sydney Krantz, He's, —, homeownership Chaz Zimmer, Chaz Zimmer, Adrianna Newell, Tomasz Piskorski, Piskorski, Zimmer hasn't, Zimmer, he's, James Paniagua, Paniagua, snagging, Julia Mazur, Kathy Pierre, Pierre Organizations: Business, American, Survey, Pew, BI Garak, BI, Subaru, Columbia Business School Locations: Jess Munday's San, Francisco's, San Francisco, Chicago, Washington ,, IPUMS, Florida, California, Waverly , New York, homeownership, Oakland , California, Los Angeles, Oakland, London, Austin, Charlotte , North Carolina, Charlotte

☆ A Texas coastal engineer says a simple home-buying decision saved his house from Hurricane Harvey — and could help other home-owners in flood zones
▼ + stars: | 2024-05-25 | by ( Ellyn Lapointe | ) www.businessinsider.com time to read: +6 min

Advertisement2024 may be the worst hurricane season in history3D rendering of Category 4 hurricane near the US State of Louisiana. FrankRamspott/Getty ImagesA coastal engineer at Texas A&M University, Figlus is an expert on flooding. AdvertisementDespite rising flood and hurricane risk, a whopping 140,000 people moved to Houston, Texas, last year. This online service provides a detailed breakdown of flooding risk in a given area. AdvertisementAll in all, Figlus thinks people can still live in flood zones relatively safely, as long as they understand the risks.

Persons: Jens Figlus, Figlus, Hurricane Harvey, Harvey, Wager, jhorrocks, David J, Phillip Organizations: Service, Business, Texas, M University, Figlus, National Oceanic, Atmospheric Administration, University of Pennsylvania, Simpson, Census, FEMA Locations: Texas, Louisiana, of Louisiana, Atlantic, what's, Houston, Houston , Texas, Gulf, Galveston Bay, Hurricane

☆ This high schooler won $10,000 because he saw a mysterious outbreak killing sea turtles in his Hawaii hometown and decided to do something about it
▼ + stars: | 2024-05-24 | by ( Morgan Mcfall-Johnsen | Ellyn Lapointe | ) www.businessinsider.com time to read: +9 min

He kept seeing green sea turtles with cauliflower-like tumors. And it would just encapsulate the green sea turtles," he said. A green sea turtle afflicted with fibropapillomatosis at the Turtle Hospital in Marathon, Florida in the Florida Keys. Green sea turtles are crucial for the health of reefs worldwide, as they eat algae that would otherwise suffocate the coral. He donned his diving gear and set up motion-sensing underwater cameras to snap photos of green sea turtles.

Persons: —, Maddux Alexander Springer, Springer, fibropapillomatosis, Pablo Cozzaglio, Peggy Scripps, It's, Hugh Gentry, they're, salicornia, Narrissa, Mitchell Pettigrew, that's, he'll Organizations: Service, Business, Turtle Hospital, Getty, National Oceanic, Atmospheric Administration, Google, Springer, Communication, Regeneron, Science, Engineering, Reuters, Hawaii Division, Nature, Hawaii's Department of Health, Honolulu Civil, University of Oregon, Oregon State University Locations: Kāneʻohe, Marathon , Florida, Florida, AFP, Oahu, Hawaii, Kāneʻohe Bay, Kāneʻohe Bay . State, Cavan, Hawaii's, cesspools, Honolulu

☆ Here's how much money it takes to be in the upper class in each state
▼ + stars: | 2024-05-24 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +3 min

This means that the upper class in one state could still be considered middle class in another. AdvertisementEven so, being upper class may not feel like swimming in wealth. New York has the second-highest share in the upper class at nearly 21%, even though the cutoff is $159,100. AdvertisementThe list of states with the lowest shares of people in the upper class also doesn't correspond. Alaska, Utah, and Idaho have below 15% of their populations in the upper class, while Wyoming and Delaware are in the 15% range.

Persons: —, they're Organizations: Service, Business, Pew, DC Locations: Washington, New Jersey, Maryland , Massachusetts, Hawaii , California, New York, Louisiana, Mississippi, West Virginia, Louisiana , Arkansas , Kentucky , Oklahoma , Alabama, New Mexico, Alaska , Utah, Idaho, Wyoming, Delaware

☆ The European housing crisis warping millennial life: The average Croatian lives with parents until 33
▼ + stars: | 2024-05-24 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +9 min

According to Eurostat, the EU statistical office, the average Croatian leaves their parents' home at over 33 years of age, its highest figure. Joshua Zitser/Business InsiderIn the US, almost everyone has moved out by then. Joshua Zitser/Business InsiderWhile tourism brings economic opportunities for Vukovic and many others, he says it has also worsened the already dysfunctional housing market. But in parts of Dubrovnik, Vukovic explained, that's not feasible. Joshua Zitser/Business InsiderFor Josip Crncevic, 34, prices feel far out of reach.

Persons: —, Joshua Zitser, Malohodžić, Ivan Vukovic, Vukovic, Filip Brkan, that's, Josip Crncevic, Crncevic, homeownership, it's, he'd, Marija, Sanja, Angelo, Cikato, Diana Marlais, Bogdan Dascalescu, wouldn't Organizations: Service, Croatian, Business, Eurostat, BI, UNESCO, Heritage, King's, Real Estate Business Association of, Croatian Chamber Locations: Dubrovnik's, Croatia, Dubrovnik, Independence, HBO's, Dubrovnik's suburbs, Marija

☆ Sales of newly built homes tank in April, as prices and interest rates rise
▼ + stars: | 2024-05-23 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +3 min

Sales of newly built homes dropped 4.7% in April compared with March, and dropped a larger 7.7% from the prior year, the U.S. Census said Thursday. Higher mortgage rates are clearly hampering sales. Some of that is due to the mix of homes selling, which is mostly on the higher end of the market. Those buyers are not as influenced by mortgage rates, as they often use all cash. The big production builders have been buying down mortgage rates to help boost sales, but they are able to do that because of their size.

Persons: Peter Boockvar, Robert Dietz, NAHB's Organizations: Spring Barbera Homes, Builders, Toll Brothers, Bleakley Financial, CNBC, National Association of Home Builders, Wells Fargo . Locations: Loudonville , New York, U.S, Horton, Wells Fargo

☆ Trump holds campaign rally in the Bronx as he seeks to make inroads with Hispanic and Black voters
▼ + stars: | 2024-05-23 | by ( Kate Sullivan | ) edition.cnn.com time to read: +4 min

CNN —Former President Donald Trump is scheduled to hold a rally Thursday in the Bronx as his campaign looks to make inroads with Hispanic and Black voters ahead of November’s election. A Trump campaign official told CNN that several factors, including the former president’s long history of living and working in New York and his efforts to win over minority voters, played into the decision to hold the Bronx rally. The Bronx is a Democratic stronghold, which Trump lost by about 68 points to Joe Biden in 2020. Residents in the South Bronx, where Trump’s rally is taking place, are mainly Hispanic (64%) and Black (31%), according to the US Census Bureau. Several House Republicans from New York said they could no longer make it to Trump’s event due to changes in the chamber’s voting schedule Thursday.

Persons: Donald Trump, Trump, Joe Biden, Hillary Clinton, “, Elise Stefanik, ”, Barack Obama, Janiyah Thomas, Alexandria Ocasio, Cortez, Ritchie Torres, Torres, CNN’s Kit Maher Organizations: CNN, Trump, New York, Republican, Democratic, Residents, Census Bureau, Republicans, Biden, Americans, African, gaslight, NY1, The New York Times Locations: Bronx, Trump’s New York, New York, Crotona Park, South Bronx, Manhattan, New, “ New York, Central Park, Charlottesville , Virginia, Cortez, Crotona

☆ Supreme Court Sides With Republicans Over South Carolina Voting Map
▼ + stars: | 2024-05-23 | by ( Adam Liptak | ) www.nytimes.com time to read: +1 min

The Supreme Court cleared the way on Thursday for South Carolina to keep using a congressional map that a lower court had deemed an unconstitutional racial gerrymander that resulted in the “bleaching of African American voters” from a district. A unanimous three-judge panel of the Federal District Court in Columbia, S.C., ruled in early 2023 that the state’s First Congressional District, drawn after the 2020 census, violated the Constitution by making race the predominant factor. The panel put its decision on hold while Republican lawmakers appealed to the Supreme Court, and the parties asked the justices to render a decision by Jan. 1. After that deadline passed, the panel said in March that the 2024 election would have to take place under the map it had rejected as unconstitutional. “With the primary election procedures rapidly approaching, the appeal before the Supreme Court still pending and no remedial plan in place,” the panel wrote, “the ideal must bend to the practical.”

Persons: Jan Organizations: American, Federal, Court, Congressional Locations: South Carolina, Columbia

☆ Denver's business boom has created labor and housing shortages
▼ + stars: | 2024-05-22 | by ( Ryan Baker | ) www.cnbc.com time to read: +1 min

The city of Denver, Colorado, has undergone notable growth as skilled professionals and businesses move into the state that prides itself on 300 days of sunshine. And I don't think any place checks as many boxes as Denver does," said the city's mayor, Mike Johnston. Now, the city is facing both housing and labor shortages. Denver needs more workers to come in and fill job openings, yet it's already short 70,000 homes. That's about 15% of the price of an average home in Denver, according to real estate site Zillow.

Persons: Mike Johnston, Scott Wasserman Organizations: U.S . Census, Bell Policy Institute Locations: Denver , Colorado, Denver, U.S, Colorado

☆ Here's where rents are rising — and where they're falling
▼ + stars: | 2024-05-21 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +3 min

Multifamily rents in April were 0.8% lower than they were in the same month last year, according to Apartment List. Apartment rents did rise for the third straight month, but the growth, at 0.5%, is very small. Single-family rents are much stronger, up 3.4% in March year over year, according to a new report from CoreLogic. "U.S. single-family rent growth strengthened overall in March, though some weaknesses are revealed in the latest numbers," said Molly Boesel, principal economist for CoreLogic. Of the nation's 20 largest cities, Seattle saw the highest year-over-year increase in single-family rents at 6.3%, followed by New York at 5.3% and Boston at 5.2%.

Persons: Molly Boesel, Boesel Organizations: National Association of Home Builders, CoreLogic, Boston Locations: Austin , Texas, Seattle, New York, Miami, New Orleans, townhomes, Florida, Austin

☆ A Gen Xer who barely lives above the poverty line sells plasma to cover her rent because she doesn't qualify for government assistance: 'There's a lot of praying and just hanging on.'
▼ + stars: | 2024-05-21 | by ( Allie Kelly | ) www.businessinsider.com time to read: +4 min

Kelley used to drive 30 minutes across the Kentucky border every morning to work as a security guard. A growing number of American households can barely pay their bills but make too much to qualify for government assistance. Kelley can't afford healthcare and has started selling her plasma for extra moneyKelley said her top expenses are housing and food. She also said it's a lot more difficult to qualify for government assistance since she isn't actively supporting children. "If you make too much, there's no help; if you are healthy, there's no help; if you don't have kids, there's no help."

Persons: —, Lisa Kelley, Kelley, she's, ALICE —, ALICE, I've, She's, isn't Organizations: Service, Business, Survey, United Way's, Medicare Locations: Cincinnati, Kentucky, DollarTree

☆ Macy’s Reports Another Drop in Sales
▼ + stars: | 2024-05-21 | by ( Jordyn Holman | ) www.nytimes.com time to read: +1 min

Macy’s said its comparable-store sales in the United States fell 1.2 percent from the same quarter a year earlier. Sales at the namesake Macy’s brand were the weakest of all of the company’s brands, falling 1.6 percent. Sales at Bloomingdale’s rose 0.8 percent and Bluemercury’s sales rose 4.3 percent. According to the Census Bureau, retail sales at department stores overall fell 2.4 in the first four months of the year, compared with the same period last year. The department store chain said it expected comparable-store sales to be down about 1 percent to 1.5 percent compared with last year.

Persons: Macy’s, décor Organizations: Census Locations: United States

☆ One-third of single-family homes for sale are newly built, report finds. Here's what buyers need to know
▼ + stars: | 2024-05-20 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +4 min

While new builds are still sold for slightly more than existing homes, the price gap has significantly narrowed. Over the last six months, the median price for a new home is only about 4% higher than the median price of an existing house. Reducing the square footage of your home can help reduce construction costs as well as utility and maintenance costs down the line. Keep construction costs down: Major factors like lumber and labor costs significantly impact the cost of a new house. And depending on the kinds of materials you add to the house, builders are "adding up the tab," Veronica Fuentes, a wealth management advisor based in Washington, D.C., previously told CNBC.

Persons: Alistair Berg, Digitalvision, Nicole Bachaud, Dietz, Matthew Walsh, Walsh, homebuilders, Veronica Fuentes Organizations: Getty, Zillow Group, CNBC, U.S . Census, U.S . Department of Housing, Urban, Moody's, Washington , D.C Locations: U.S, Washington ,

☆ Here's how much money you need to make to be middle class in each US state
▼ + stars: | 2024-05-20 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +4 min

A Business Insider analysis of US Census Bureau data reveals that while 52.7% of Utah's population falls in the middle class, just 42.3% of New Yorkers are middle class. Pew Research Center defines being middle class as earning between two-thirds and double each state's median income. Still, the median income per state can be as high as $101,000 and as low as $52,700, meaning that being middle class in one state could be either lower or upper class in another state. Many on the lower end of the middle class are particularly worried about having enough to meet all their daily needs while also saving for retirement. Do you feel middle class?

Persons: — Organizations: Service, Pew Research, Business, Census Locations: In Texas, Minnesota, Utah , Idaho, Alaska, States, Delaware , Wisconsin, Wyoming, Midwest, New York , Louisiana, Massachusetts, New Jersey , Maryland, New Hampshire, . New York , California , Connecticut, Virginia, Alaska , Utah, Idaho, Washington , DC . Mississippi, West Virginia, . New York, Massachusetts , Montana, Hawaii, Colorado, nsheidlower@businessinsider.com

☆ Nvidia beating earnings per share expectations is worst-kept secret on Wall Street, says Evercore ISI
▼ + stars: | 2024-05-20 | by ( Michelle Fox | ) www.cnbc.com time to read: +2 min

Wall Street has great expectations for Nvidia 's earnings on Wednesday, according to Evercore ISI. Yet, how the artificial intelligence darling's stock will react is less clear — and it is likely to have big implications for the entire stock market, the firm said. The share price reaction will likely cause a ripple effect, he said. Over the past year, Nvidia's stock has had an "almost unimaginably close" day-to-day correlation to the S & P 500 of 0.95, he pointed out. which helped catalyze 2023's S & P 500 Fall Fall … the one certain thing is that NVDA's share price reaction, while difficult to gauge, will have consequences for the S & P 500 as a whole," Emanuel said.

Persons: NVDA, Julian Emanuel, Emanuel Organizations: Nvidia, ISI

☆ Detroit's population has grown for the first time in 66 years
▼ + stars: | 2024-05-19 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

Read previewFor decades, Detroit was an international symbol of urban decay: abandoned neighborhoods, decrepit former factories, and a population exodus. From July 2022 to July 2023, the US Census Bureau says Detroit's population grew by close to 2,000 residents, bumping the city's population to 633,218. AdvertisementWith Detroit's latest population numbers, the city also jumped from the 29th-largest to the 26th-largest city in the United States, overtaking Memphis, Louisville, and Portland. Detroit's numbers are still far from 1950, when the city's population peaked at about 1.85 million. Back then, it was the fifth-largest city in the United States, behind only New York, Chicago, Philadelphia, and Los Angeles.

Persons: —, There's, it's, Mike Duggan, Duggan Organizations: Service, Detroit, Business, Bureau, Memphis, Sun Belt, Associated Press Locations: Detroit, United States, Louisville, Portland, New York, Chicago, Philadelphia, Los Angeles . Detroit, Michigan's

☆ A boomer couple that was 'watching every single penny' they spent in the US moved to Portugal 2 years ago — and money isn't a concern for them in retirement anymore
▼ + stars: | 2024-05-19 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +5 min

After researching affordable places to live in retirement, Ann and her husband settled on Portugal. "Our quality of life is so much nicer because we're not worried about money like we were in the States," Ann said. AdvertisementWhile Ann was able to live comfortably in retirement abroad, many older adults in the US are struggling. "We understand how hard it is to try to accumulate enough money to retire and stay in the United States," Ann said. Advertisement"The United States is a very difficult country to retire in," she said.

Persons: Ann, she's, We've, We're, they've, we're, Diane Senffner Organizations: Service, Business, BI, Social Security, Survey, pats, Social Locations: Belize, United Kingdom, Mexico, Hawaii, Arizona, Scottsdale, Portugal, United States

☆ I live in a Texas city that's one of the fastest-growing in America. I see why so many Californians are moving here — and the impact they have on home prices and traffic.
▼ + stars: | 2024-05-18 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +5 min

Read previewThis as-told-to essay is based on a conversation with Eric Newland, a 56-year-old retired Medical Service Corps officer who is now a real-estate agent in New Braunfels, Texas. The city is about 32 miles northeast of San Antonio and roughly 40 miles southwest of Austin, within the Texas Triangle." The city is growing but retaining its identityDespite its growth, the city maintains its small-town charm, with quaint shops and restaurants. Moving towards San Antonio and Austin, the city begins to feel like a larger town with several strip malls and new homes. An upside is that there have been a lot of new businesses, more income to the city, and even live music.

Persons: —, Eric Newland, Fort Sam Houston, I've, Braunfels, Newland, Eric Newland There's Organizations: Service, Medical Service, Business, Fort, Texas, Austin, Army, Realtors, Railroad Locations: New Braunfels , Texas, Braunfels, New Braunfels, Fort Sam, Iraq, Afghanistan, Korea, Germany, San Antonio, Austin, Dallas, Houston, there's, Wurstfest, United States, Schlitterbahn, California, Texas, San Diego, Angeles

☆ Latest shipping data reveals that mid-range retail is the new consumer price sweet spot
▼ + stars: | 2024-05-17 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +6 min

Almost 80% of current freight orders received for peak season are for mid-range price items, the survey shows. Similar to last year, respondents expect less consumer appetite for luxury and aspirational luxury items imported. The world's second-largest ocean freight company, Maersk, recently told CNBC it expected a "normal" peak season. "There's nothing that indicates that it would be a slower peak season or a bigger peak season," said Charles Van der Steene, president of Maersk North America, in a recent interview with CNBC. "We believe in normalized peak season.

Persons: Eric Thayer, Robinson, Kuehne, Nagel, Noah Hoffman, Hoffman, hypersensitive, Charles Van der Steene, We've, John David Rainey, Rainey, Larry, Jon Gold, Nate Herman, Biden Organizations: US, Bureau, Bloomberg, Getty, CNBC, Chain Survey, National Retail Federation, American Apparel and Footwear Association, United National Consumer Suppliers, ITS Logistics, DHL, Uber Technologies, C.H, Maersk, Walmart, Uber, International Longshoremen's Association, ILA, United States Maritime Alliance, Brands Locations: of Los Angeles, Los Angeles , California, U.S, Panama, Maersk North America, East Coast, Gulf, East, North America, West, Coast

☆ The US did a complete 180 on same-sex marriage
▼ + stars: | 2024-05-17 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +8 min

The vast majority of Americans opposed same-sex marriage on May 17, 2004, when the first same-sex couples took their vows after a court decision in Massachusetts. Barack Obama notably opposed same-sex marriage when he ran for president as a Democrat in the 2008 election and, as public opinion was rapidly shifting, changed his tune in 2012 to support same-sex unions. Warnings were unfoundedThere is also evidence that warnings about same-sex marriage somehow endangering “traditional marriage” simply never materialized. A new study by researchers for the RAND Corporation to assess two decades of same-sex marriage in the US argues marriage rates actually increased among opposite-sex couples as same-sex couples were granted the ability to marry in certain states. A key difference between support for same-sex marriage and support for abortion rights, according to Lundry, is that support for abortion rights has remained positive for decades, in contrast to same-sex marriage, which saw a complete turnaround.

Persons: CNN —, Mitt Romney, George W, Bush, Hillary, Julie Goodridge, Charles Krupa, Sen, John Kerry, Hodges, Barack Obama, Obama, Romney, Anthony Kennedy, Ruth Bader Ginsburg, Brett Kavanaugh, Amy Coney Barrett, Clarence Thomas, Samuel Alito, weren’t, ” Romney, Obergefell, —, PRRI, Alex Lundry, Republican pollster, “, ” Lundry, Gen, Dick Cheney, Joe Biden Organizations: CNN, Republican, House, Boston City Hall, Massachusetts Democrat, Democrat, Supreme, Gallup, RAND Corporation Locations: Massachusetts, Utah, Oregon, Ohio, Without Ohio, America

☆ A millennial who's been applying to jobs for a year says he's encountered ghost jobs and scammers in his struggle to find a remote role
▼ + stars: | 2024-05-16 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +8 min

Martins said that in the 12 months since his layoff, he'd been actively looking and applying for jobs but hadn't had much luck. In recent years, the rise of remote work and historically high job openings have helped more people with health issues find employment. But remote jobs aren't as common as they used to be — and there's competition to land one. AdvertisementThe share of US remote job postings on LinkedIn fell from more than 20% in April 2022 to about 10% in December 2023. AdvertisementIn part because of his upcoming move, Martins said, he'd focused his job search on remote roles.

Persons: —, Felipe Martins, Martins, He'd, didn't, he'd, hadn't, he's, scammers Organizations: Service, Business, Bureau of Labor Statistics, Federal Reserve Bank of San, Social, BLS, LinkedIn, scammers, Federal Trade Commission Locations: Utah, Federal Reserve Bank of San Francisco, Washington

☆ At Last, Detroit Sees Population Grow, New Estimates Show
▼ + stars: | 2024-05-16 | by ( Julie Bosman | ) www.nytimes.com time to read: +1 min

After decades of painful decline, Detroit’s population grew in 2023, according to new estimates released on Thursday by the Census Bureau. The increase — to 633,218 from 631,366 residents — was slight, lifting Detroit to slightly below levels of 2021. City leaders have long promised to reverse Detroit’s long decline in residents brought on by the shrinking of the auto industry, flight to the suburbs and municipal bankruptcy. The new census estimates showed similar, moderate population rebounds for many big cities in the Midwest and Northeast after previous pandemic-era declines. In the Midwest, cities of that size grew 0.1 percent in 2023 after declining an average of 0.2 percent the year before.

Persons: — Organizations: Census, Detroit Locations: Midwest

☆ The salary you need to be considered middle class in every U.S. state—it's close to $200,000 in 2 of them
▼ + stars: | 2024-05-16 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +1 min

In the U.S., whether you're considered middle class or not may depend on where you live. In some states, you can earn over $150,000 and still be considered middle class. The personal finance site defines "middle class" as households with an annual income that is two-thirds to double a state's median income. In Maryland, you're considered middle class if your income falls between $65,641 and $196,922, according to GOBankingRates. Here's the income range that qualifies as middle class in every U.S. state, listed in alphabetical order.

Persons: GOBankingRates, It's Organizations: Survey, Maryland, Census Locations: U.S, — Maryland, New Jersey

☆ Wayfair to open its first large store, as physical locations make a comeback
▼ + stars: | 2024-05-16 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +10 min

Wayfair follows other direct-to-consumer brands that have opened stores, including Warby Parker , Figs , Casper, Glossier and Everlane. In the early 2010s, new store openings largely outpaced closures, until the tide turned in 2017. Jeenah Moon | Bloomberg | Getty ImagesOther privately held direct-to-consumer brands have also expanded into retail stores, including bedding company Brooklinen, furniture store Burrow and apparel brands Everlane and Untuckit. High cost of entryIf direct-to-consumer brands could all open stores and suddenly boost sales and profitability, they'd all be doing it. Courtesy: WayfairSome direct-to-consumer brands have already been burned after they expanded too quickly and demand fell.

Persons: Niraj Shah, Wayfair, Warby Parker, Glossier, They're, Larry Cheng, It's, you'll, Liza Lefkowski, Shah, Coresight, John Mercer, Coresight's, Trina Spear, Spears, King, King of Prussia, Rebecca Fitts, Alvarez, Tolia, Allbirds, Al Drago Organizations: CNBC, Apple iOS, Companies, Walmart, Target, Joss, Discount, TJX, Bloomberg, Getty, Marsal, Washington , D.C Locations: Wilmette , Illinois, Chicago, Casper, Amazon, U.S, Coresight Research's, Burlington, Los Angeles, Philadelphia, King, King of Prussia , Pennsylvania, Georgetown, Washington ,

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