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☆ Inside Rep. Rob Menendez's fight to be more than a 'nepo baby'
▼ + stars: | 2024-05-04 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +19 min

"I don't have the capacity to think through, well, what if, what if, what if," Menendez told me. Mayor Bhalla told me that he began contemplating his primary challenge shortly after the elder Menendez was first indicted in September. AdvertisementSitting in his recently opened campaign office, the mayor told me that the most important facet of his candidacy was his fight against New Jersey's party boss-driven political culture. "Everything here is a headline or a deadline driving the process," Councilman Paul Presinzano said of Mayor Bhalla. Menendez looks on as Bhalla's opening remarks at a Jersey City candidate forum are filmed by a cameraman.

Persons: Rob Menendez —, Sen, Bob Menendez —, Ravi Bhalla, Menendez, —, Rob Menendez, Bob Menendez, who's, that's, frat bro, I've, Stephen Chernin, he's, father's, Phil Murphy, Bhalla, Pete Buttigieg, outraise Menendez, Ted Shaffrey Bhalla, Menendez —, there's, They're, Andy Kim, Tammy Murphy, James Solomon, you've, hasn't, bossism, Anna Moneymaker, deriding, didn't, I'm, wasn't, we're, It's, Sam Bankman, rZ6H2IB4N0, — Rob Menendez, @RobMenendez4NJ, Councilwoman Tiffanie Fisher, Kim, Fisher, Paul Presinzano, Union City —, Donald Trump, Bryan Metzger, Rob's, Tammy Murphy's, He's, Cory Booker, Rob Menendez Bhalla, Steve Fulop —, corruptly Organizations: Hoboken, Service, Nike Air Force, Gov, Port Authority of New, New Jersey ., Sikh American, Congress, South, AP, New, Democratic Rep, First, Jersey City, Getty, Lipton Tea Company, House Transportation, Infrastructure, Union City, Homeland Security, Democratic, House Democratic, Facebook Locations: New Jersey, Manhattan, Jersey, Hoboken, Port Authority of New York, he's, Jersey City, Washington ,, Washington and NJ, Menendez's, Union City

☆ Kendrick Lamar and Drake's beef explained, from its 2013 origins to their diss tracks "Push Ups" and "6:16 in LA" and latest responses
▼ + stars: | 2024-05-04 | by ( Ayomikun Adekaiyero | Eve Crosbie | ) www.businessinsider.com time to read: +26 min

Both rappers released diss tracks that took blistering personal shots on Friday night. "He doesn't have the heart for the lying, disrespect, and animosity it requires to make an effective diss track," Pierre wrote. Later in the track, Drake references Cole's diss track and apology. At the end of the track, Lamar samples a 1994 Tupac interview to simulate a conversation between the two rappers. "6:16 in LA" also parodies Drake's song titles, which often feature location names and timestamps.

Persons: Kendrick Lamar, Drake's, Drake, —, Lamar's fiancée Whitney Alford, Lamar, Aubrey Drake Graham —, Lamar dissed Drake, J, Cole, Rick Ross, Cole —, Taylor, Joseph Okpako, WireImage Lamar, Jermaine Cole, Big, Wale, Pusha, Meek Millz, Big Sean, Jay, Tyler, Mac Miller, Kunta, Lamar hasn't, Meek, Getty, Tim Mosenfelder, Aubrey, Muhammad Ali, Michael Jackson, Jackson, Prince, Mike Jack, Prince . Prince, “, rics, Organizations: Metro Boomin, Service, Future, Metro, HBO, Drake, Wireless, Lamar, Big, Rocky, Rap Locations: Drake's, Lamar, LA, Florida

☆ Opinion: Hope Hicks’ testimony was a nightmare for Trump
▼ + stars: | 2024-05-03 | by ( Opinion Norman Eisen | ) edition.cnn.com time to read: +4 min

CNN —It’s a cliché to say that electricity surged through a courtroom — but it did when Hope Hicks took the stand Friday morning for her testimony in the election interference trial of former President Donald Trump. That is because as special counsel for the first Trump impeachment, I took her testimony on the alleged 2016 election influence scheme. When I took Hicks’ testimony for the impeachment proceedings, I found her to be a compelling witness, and the same was true Friday. Trump appeared to nod off repeatedly, including during Hicks’ testimony about how she first learned of the Daniels story. !” Asleep or awake, for Trump, Hicks’ testimony was a nightmare.

Persons: Norman Eisen, “, Donald Trump, CNN —, Hope Hicks, Norm Eisen, Hicks, ”, Trump, Stormy Daniels, –, Daniels, ” Hicks, Matthew Colangelo, Michael Cohen, Cohen, — Organizations: CNN, Trump, Washington Post, Twitter, Facebook Locations: East

☆ Anne Hathaway came up with one of the best lines in 'The Idea of You' herself because she could relate to being hated online
▼ + stars: | 2024-05-02 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Advertisement"I think that one might have come from me," Hathaway told Entertainment Weekly. "When you're watching Solène experience it, and you know that I'm a person that's experienced it, you can't really escape the film. It happens," Hathaway told EW. "I know that a lot of people go through this," Hathaway continued, regarding online bullying.

Persons: —, Anne Hathaway, Solène, Hathaway, James Franco, Kevin Winter, Oscar, Christopher Nolan, It's Organizations: Service, Business, Entertainment

☆ One personal decision can create a mess of financial challenges for transgender Americans—'it takes a lot of courage'
▼ + stars: | 2024-05-02 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +5 min

Changing their name may be an important step a transgender or nonbinary person takes to embrace their identity. But doing so is seldom easy and can create even more problems — particularly for your finances — after the fact, according to a recent white paper published by J.P. Morgan Wealth Management. Credit reports using deadnames — former names that individuals no longer use — are common and can result in credit discrimination against trans people, J.P. Morgan says. Getting approved to rent an apartment is just one of the issues that can arise out of inaccuracies on your credit report. Potential employers, utilities and phone companies and more may pull your credit report as part of a background check to hire you or establish services at your home.

Persons: J.P, Leo Aquino, Shelby Anderson, Morgan, deadnames, —, Aquino, hadn't, Anderson Organizations: Morgan Wealth Management, CNBC, Social Security Locations: U.S

☆ I took a FlixBus from Miami to Naples for $50. Despite small drawbacks, it was a great way to see Florida's Paradise Coast.
▼ + stars: | 2024-05-01 | by ( India Amos | ) www.businessinsider.com time to read: +1 min

I took a FlixBus from Miami to Naples and back for $50. The price of the ticket seemed fair and the ride took about as long as driving would've. My seat was comfy and I had a great experience taking the bus — I'd do it again for a day trip. AdvertisementAlthough I, like many in South Florida, have my own car, I don't always want to get behind the wheel for a day trip. So, I decided to try riding with FlixBus for my day trip from Miami to Naples.

Persons: — Organizations: Service, Florida's Department of Transportation, FlixBus Locations: Miami, Naples, Orlando, Tampa, Florida, South Florida

☆ Sorry, America, it's looking like higher interest rates are going to stick around longer
▼ + stars: | 2024-04-30 | by ( Ayelet Sheffey | Madison Hoff | ) www.businessinsider.com time to read: +5 min

The Federal Reserve is expected to once again hold interest rates steady on Wednesday. Some predictions also do not forecast any interest rate cuts until the second half of the year. AdvertisementIt's probably still not time for the nation's central bank to cut interest rates just yet. AdvertisementGiven that inflation is still above the Fed's 2% target, it's looking like rate cuts might not come until the second half of 2024. "Inflation has continued to run hot and there is no compelling need for the Fed to cut interest rates until they're comfortable with where inflation is headed."

Persons: Powell, —, It's, Julia Pollak, Jerome Powell, Gregory Daco, Greg McBride Organizations: Federal, Service, Fed Locations: Washington

☆ Woman was denied top-secret US security clearance for being a close relative of dictator
▼ + stars: | 2024-04-30 | by ( Haley Britzky | ) edition.cnn.com time to read: +6 min

CNN —An unnamed woman was denied a top-secret security clearance this year due to being a “close” relative of an authoritarian dictator of an unnamed country, according to a publicly available document from the Defense Department’s Office of Hearings and Appeals. The judge said that Country X “supports international terrorism, and it conducts cyberattacks and espionage against the United States.”“Applicant was born a citizen of Country X,” the record says. “A close family member (cousin, aunt, uncle, niece, or nephew) is the dictator of Country X. Applicant’s parents and their children, including Applicant, immigrated to the United States in the 1990s when she was young. Administrative decisions on security clearance eligibility are regularly posted publicly by the Defense Office of Hearings and Appeals. “One thing people forget is it’s not like you get the keys to the kingdom,” Posard said of a secret clearance, which is the second lowest level security clearance available.

Persons: —, ”, “, ’, Edward Loughran, credibly, Loughran, Marek Posard, Kim Jong, ” Posard, ” Loughran, Posard, it’s, It’s Organizations: CNN, Defense Department’s, Defense, RAND Corporation, The Washington Locations: United States, American, Country, North Korea, DPRK, Cuba, Iran, Syria, The, Loughran

☆ I'm an American who visited Costco in Canada. It may look identical, but it's not the same.
▼ + stars: | 2024-04-30 | by ( Joey Hadden | ) www.businessinsider.com time to read: +1 min

I visited a Costco in Niagara Falls to see how it compared to US locations in 2022. The Costco I visited looked identical to those in the US, but there were a few key differences. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementGrowing up, my parents loved Costco because they could purchase food for our family of four in bulk for low prices. This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Costco, Service, Price Club, Business Locations: Canada, Niagara Falls, San Diego

☆ Retiring lawmakers are once again complaining that their $174,000 salary is too low
▼ + stars: | 2024-04-30 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

Retiring lawmakers are once again saying that their $174,000 salary isn't enough. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . That's what happened when Rep. Patrick McHenry, one of many retiring House Republicans, told an interviewer earlier this year that the $174,000 salary that rank-and-file members of both the House and Senate receive is not enough. Now, even more retiring lawmakers are saying the same thing — and acknowledging that they may not be saying it if they weren't on their way out the door. The salary has remained the same since 2009, and if it had kept pace with inflation, lawmakers would now be making more than $250,000 annually.

Persons: haven't, —, they're, Patrick McHenry, McHenry, Ken Buck, I'd, Buck, Tony Cárdenas, I've, Anna Eshoo, it's, Alexandria Ocasio, Cortez, Ken Cuccinelli — Organizations: Service, House Republicans, Colorado Republican, New York Times, California Democrat, Times, Democratic, Trump Locations: California, Alexandria, Cortez of New York

☆ Ukraine is defying the US over strikes on Russian oil refineries. Experts say it's a necessary risk.
▼ + stars: | 2024-04-29 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +8 min

While the US dithered over aid, Ukraine had a robust argument for prosecuting the war pretty much as it pleased. "Taking out a particular refinery is not going to immediately undermine Russia's war effort," said Dailey, the RAND strategist. "But consistently putting pressure on Russia's oil sector would have a significant impact on Russia's ability to fight this war." AdvertisementVakulenko, in his article, also noted that that strikes on Russian oil refineries have "little impact on Russian export earnings." Later, Ukraine said that its attacks had reduced Russian oil production and processing by 12%.

Persons: —, Ann Marie Dailey, Rafael Loss, Joe Biden's, Marina Miron, Dailey, Volodymyr Zelenskyy, Olga Tokariuk, Tokariuk, Donald Trump, Miron, Whittling, Celeste Wallander, Lloyd Austin, Sergey Vakulenko, There's, Sir Tony Radakin, Biden, James Patton Rogers, Patton Rogers Organizations: Service, White, Telegraph, Business, RAND Corporation, European Council, Foreign Relations, Washington Post, Department of, King's College, London's, House, Carnegie, RAND, Financial, Cornell Brooks Tech Policy Institute, Ukraine Locations: Ukraine, Krasnodar, King's College London, Russia

☆ I couldn't deal with Costco when my kids were little, but I love it now that we're empty nesters
▼ + stars: | 2024-04-29 | by ( Beth Harpaz | ) www.businessinsider.com time to read: +4 min

I'd often do the weekly grocery shopping at a 24-hour supermarket on Fridays at midnight after the kids and their father fell asleep. Even though we may have saved money shopping at Costco — and most Costco shoppers have kids — going there felt out of the question in those early days of parenthood. Related storiesSo, as empty nesters, we figured we'd try Costco — and we fell in love. We store some bulk Costco buys at the bottom of our pantry. And I don't regret not going to Costco when our kids were small.

Persons: —, I'd, Costco's, Beth Harpaz, It's, we've Organizations: Service, Business, Costco Locations: New York City

☆ G7 agrees to shut down coal plants by 2035, UK minister says, in climate breakthrough
▼ + stars: | 2024-04-29 | by ( Angela Dewan | ) edition.cnn.com time to read: +3 min

CNN —Ministers from the Group of Seven nations have agreed to shut down all their coal plants by 2035 at the latest, a UK minister said on Monday, in a climate policy breakthrough that could influence other countries to do the same. Putting an end date on coal — the most climate-polluting fossil fuel — has been highly controversial at international climate talks. Many of the other G7 nations already have national plans in place to phase out the fossil fuel. “Coal might be the dirtiest, but all fossil fuels need to be ultimately phased out,” he said. Energy, environment and climate ministers are meeting in Turin for talks that are expected to end on Tuesday.

Persons: ” Andrew Bowie, ”, Dave Jones, “ Organizations: CNN, Japan, Department for Energy Security, CNBC, Turing, UK Ministry for Energy, US State Department, Energy, European Union Locations: Italy, COP28, Dubai, France, Canada, United States, Japan, Turin, Germany, United Kingdom, China, India, Saudi Arabia, Russia

☆ Here are 5 sectors of the market that are working and the stocks that stand out in each
▼ + stars: | 2024-04-28 | by ( Jim Cramer | ) www.cnbc.com time to read: +10 min

Federal Reserve Chairman Jerome Powell met with the press after the March Federal Open Market Committee (FOMC) meeting, which was pretty fraught. Data centers If there is the whiff of a data center or anything in one, the stock goes higher. It's why Meta stock is a buy a tad lower as stocks tend to revisit those kinds of declines. I worry about Club stock Stanley Black & Decker for this reason, but the dividend will keep it propped up for now. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: what's, Jerome Powell, Powell, Powell isn't, Voltaire, Vertiv, Eaton, Meta, It's, jetsam, Darius Adamczyk, Vimal, Stanley Black, Decker, Azek, Morgan Stanley, Wells, Charlie Scharf, Wells Fargo, Chipotle, that's, Johnson, Jensen Huang, Jim Cramer's, Jim Cramer, Jim, Scott Mlyn Organizations: Federal, Market, Broadcom, Google, Microsoft, Nvidia, Travel American Express, Raytheon, GE Aerospace, Royal, AAR, Honeywell, Southwest Airlines, Housing, Stanley, JPMorgan, Procter, Gamble, Colgate, Merck, Bristol, Myers, PepsiCo, Energy, Coterra Energy, Diamondback, drillers, CNBC Locations: California, Royal Caribbean, Delta, Devon

☆ 2 experts outline a looming scenario where the US economy ends up caught in a dreaded period of stagflation
▼ + stars: | 2024-04-27 | by ( Filip De Mott | ) www.businessinsider.com time to read: +5 min

This would force interest rates to stay higher for longer, putting pressure on US businesses and consumers. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA pair of economic reports has brought back a word no central banker ever wants to hear: stagflation. The difficult scenario occurs when inflation rises and growth stalls, a dangerous combination just experienced by the US economy.

Persons: stagflation, —, Thursday's, LPL, Jeffrey Roach, Mike Reynolds, Reynolds, Jamie Dimon, Roach, shouldn't Organizations: Service, Federal, yesterday's, Fed, Wall Street, Bank of America

☆ The US economy may end up caught in a dreaded period of stagflation. 2 experts outline the scenario, and how to keep your money safe
▼ + stars: | 2024-04-27 | by ( Filip De Mott | ) www.businessinsider.com time to read: +5 min

☆ Intel used to dominate the U.S. chip industry. Now it's struggling to stay relevant
▼ + stars: | 2024-04-26 | by ( Kif Leswing | ) www.cnbc.com time to read: +16 min

David Paul Morris | Getty Images News | Getty ImagesThe iPhone could have had an Intel chip inside. It would've made sense to use Intel chips, which ran on the best desktops at the time, including Apple's Macs. Braithwaite, who worked at Intel in the 1980s, said Intel's process engineers were the company's "crown jewels." Intel doesn't have a GPU competitor to Nvidia's AI accelerators, but it has an AI chip called Gaudi 3. For comparison, AMD expects about $2 billion in annual AI chip revenue.

Persons: Pat Gelsinger, Seth Wenig, Gelsinger, Biden, Nicholas Braithwaite, Akshara Bassi, It's, Steve Jobs, David Paul Morris, Apple, Paul Otellini, Walter Isaacson's, Otellini, Isaacson, Jobs, Apple didn't, Apple —, TSMC, Mikako Kitagawa, Joe Biden, Brendan Smialowski, Braithwaite, Gordon Moore, Moore's, Brian Krzanich, 7nm —, TSMC didn't, Jensen Huang, Josh Edelson, OpenAI, Gaudi, Intel's, it's, Bassi, CNBC's Jon Fortt Organizations: Intel, Taiwan Semiconductor Manufacturing Company, Nvidia, Micro Computer, Qualcomm, Broadcom, Texas Instruments, AMD, Apple, Celesta, Meta, Microsoft, Getty, Samsung, Gartner, Asus, AFP, Semiconductor, Engineers, SAP Center, Afp, Companies, Blackwell, Habana Labs, Gaudi, FactSet, U.S Locations: New York, American, U.S, Chandler , Arizona, California, San Jose , California, Taiwan, Columbus , Ohio

☆ Meet a Gen X ALICE in Michigan who struggles to pay for prescriptions and can only afford one meal a day: 'I make too much to get help.'
▼ + stars: | 2024-04-25 | by ( Allie Kelly | ) www.businessinsider.com time to read: +5 min

This story is available exclusively to Business Insider subscribers. As the main income earner for her household, Tobias works to support her 19-year-old son, her fiancé, and her fiancé's mother. Advertisement"I make too much to get help," she told Business Insider. AdvertisementAnd, guaranteed basic-income programs — which are being tried in cities across the US — typically only apply to families living below the poverty line. Tobias works full-time but struggles to afford utilities and healthcareElectricity and mortgage bills are Tobias' top expenses.

Persons: —, Cherie Tobias, hasn't, Tobias, ALICE, Applebee's doesn't Organizations: Service, Business, Survey, United Way's Locations: Hastings , Michigan, Michigan

☆ 2 founders of a crypto mixer charged with laundering funds from the dark web
▼ + stars: | 2024-04-25 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +2 min

The cofounders of crypto mixer Samourai Wallet were charged with money laundering. The service anonymized hundreds of millions of dollars for dark web criminals, prosecutors said. AdvertisementThe cofounders of a cryptocurrency mixing service called Samourai Wallet — which rendered crypto transactions anonymous — have been arrested and charged with money laundering, according to an indictment unsealed Wednesday. Rodriguez and Hill were charged with conspiracy to commit money laundering and conspiracy to operate an unlicensed money transmitting business. Related storiesThe Samourai Wallet website has been seized.

Persons: Samourai's cofounders, —, — Keonne Rodriguez, William Lonergan Hill —, Rodriguez, Hill, James Smith, haven't Organizations: Service, Prosecutors, Southern, of, FBI Locations: of New York, Portugal, DMs

☆ Baltimore officials accused the ship that crashed into the Key Bridge of being 'unseaworthy' and leaving port even though its alarms had already gone off
▼ + stars: | 2024-04-24 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

Read previewCity of Baltimore officials on Monday accused the owner and manager of the ship that crashed into the Francis Scott Key Bridge of allowing the vessel to set sail despite it being "clearly unseaworthy." "Reporting has indicated that, even before leaving port, alarms showing an inconsistent power supply on the Dali had sounded," the court petition reads. Authorities found that the 984-foot ship lost power as it navigated toward the bridge, causing it to lose propulsion. The crew on board broadcast a mayday call just before impact, allowing traffic police to seal access to the bridge. AdvertisementMeanwhile, President Joe Biden has said that the federal government will fund the reconstruction of the Key Bridge, and has agreed to disburse some $60 million in aid to the region.

Persons: —, Francis Scott Key, Dali, Grace Ocean, Baltimore Mayor Brandon Scott, Joe Biden Organizations: Service, Synergy Marine, Business, Baltimore Mayor, Grace, Synergy, Port, Authorities, National Transportation Safety Board, FBI, Washington Post Locations: Baltimore, Maryland, Singapore, Port of Baltimore, Sri Lanka, Patapsco

☆ AUKUS won't spur a nuclear arms race in the region, says U.S. Under Secretary of State
▼ + stars: | 2024-04-23 | by ( Sumathi Bala | ) www.cnbc.com time to read: +2 min

Tayfun Coskun | Anadolu Agency | Getty ImagesThe trilateral defense and security pact between the Australia, U.K., and U.S. — commonly referred to as AUKUS — is not going to trigger a nuclear arms race in the Indo-Pacific region, said the U.S. China responded at that time, warning of the danger of an arms race as well as nuclear proliferation. watch now"It's very important that countries understand that this is not to create a race — to create any kind of arms' races. Nuclear-powered submarines are allowed under the nuclear non-proliferation treaty and Australia is not going to become a nuclear weapons state," she added. China's responseChina reiterated its warning that Western powers in the AUKUS security pact are provoking division and risking nuclear proliferation in the South Pacific in its latest remarks.

Persons: Joe Biden, Rishi Sunak, Anthony Albanese, Tayfun, Bonnie Denise Jenkins, Jenkins, Wang Wenbin, presser Organizations: Naval Base Point, Anadolu Agency, Getty, U.S, for Arms Control, International Security, International Atomic Energy Agency, South Pacific, Pacific Nuclear, Foreign Locations: Australia, United Kingdom, United States, Naval Base Point Loma, San Diego , California, China, South

☆ Turkey may soon put its controversial Russian S-400 air defenses in operation
▼ + stars: | 2024-04-22 | by ( Paul Iddon | ) www.businessinsider.com time to read: +7 min

Turkey may deploy its Russian S-400 Triumf air defenses on the Iraqi border. Turkiye newspaper reported earlier this month that Turkey's S-400s may be deployed on the border, implying it will defend against drones allegedly acquired by the PKK. Since then, there has been no indication that Turkey's S-400s have been put into operation. "However, Turkey may use the potential threat of Iran-linked militia groups or PKK as a pretext to deploy S-400s." "Such a goal was unattainable and unrealistic given the extent of Turkey's integration into the NATO defense system," Ozeren said.

Persons: —, Hulusi Akar, Ali Bakir, Bakir, Suleyman Ozeren, Ozeren, Recep Tayyip Erdogan's, State Victoria Nuland Organizations: Service, Kurdistan Workers ' Party, PKK, Defense, Ibn Khaldon, Security Initiative, Business, Northern, American University, Orion Policy Institute, NATO, State Locations: Turkey, Russian, Israel, Iran, Iraqi Kurdistan, Ankara, Washington, Turkish, Qatar, Northern Iraq, Turkey's, Iraq, Moscow, Russia, NATO

☆ These nature-inspired tiny homes starting from $58,000 are now available in the US — check them out
▼ + stars: | 2024-04-21 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +2 min

The Portugal-based carpentry company Madeiguincho began building tiny homes for European customers in 2016. Take a look inside a variety of their tiny homes, ranging from $58,619 to $74,535 in price. AdvertisementSo far, the company has built 25 tiny homes, with prices starting at €55,000 (about $58,600). In 2019, Madeiguincho, which constructs the tiny homes in Portugal, collaborating with local builders and architects, began shipping to the US. AdvertisementTake a look inside some of Madeiguincho's tiny homes.

Persons: Madeiguincho, —, Marrote Organizations: Service, Business Locations: Portugal, Queens , New York, Berlin , New York, India, Nepal

☆ Rise of Hate Spending: Americans Detest High Prices but Keep Shopping
▼ + stars: | 2024-04-21 | by ( Emily Stewart | ) www.businessinsider.com time to read: +12 min

According to experts I talked to, the surge in hate spending can be attributed to various factors. They're aware prices aren't going back to 2019 levels, and given everything everyone's just been through, they may as well live it up. She told me that she often finds herself outraged by prices — and then ultimately succumbs to the forces of capitalism. It's easy to say you want to cut back on spending, given high prices, but when a friend asks whether you want to go shopping, it's hard to say no. Hart, the Illinois writer with a brand-new Stanley cup, sees some of her spending as a way to reclaim power.

Persons: Christ, Lydia Boussour, they're, everyone's, Jordan Hart, Hart, Boussour, —, they've, it's, acclimated, It's, Claire Tassin, Tassin, There's, Taylor Swift, jonesing, people's, Ravi Dhar, Dhar, he'd, he's, I've, she'd, she'll, Stanley Organizations: Retail, Consumers, Morning, Center, Yale School of Management Locations: America, Illinois, YOLO splurging, Europe, York

☆ The growing reason people can't afford to own a home
▼ + stars: | 2024-04-20 | by ( Allie Kelly | ) www.businessinsider.com time to read: +5 min

Rising insurance costs could keep homeownership out of reach for many. AdvertisementAdding to that, as the climate crisis escalates, it's likely homeowners insurance will only become more expensive. The climate crisis is causing homeowners' insurance costs to riseThe average American homeowner pays $1,915 a year in insurance costs — about $160 a month — per NerdWallet. For instance, insurance rates increase in states with more severe natural disasters. Have you chosen to rent or move because of homeownership costs?

Persons: Laura Longero, Zers Organizations: Service, Business, Federal Reserve, Insurance, Farm, Allstate, Casualty Insurance, US Bureau of Labor Statistics Locations: Oklahoma, California, California , Florida, Texas, Florida

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