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☆ Levi Strauss trims guidance as it weighs sale of Dockers business
▼ + stars: | 2024-10-02 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +5 min

Excluding one-time items, Levi's posted earnings of $132 million, or 33 cents per share. "We believe the exit of Dockers will allow both Dockers and Levi's to independently operate and maximize each other's value independently." Direct gainsBeyond Docker's, Levi's is making gains in growing its profitability as it continues to shift its focus to selling directly to consumers. During the quarter, Levi's direct channel was up about 10%, driven by strength in the U.S. and 16% growth in e-commerce. Overall, direct sales comprised 44% of total revenue and Levi's wants to get that number closer to 55%.

Persons: LEVI, Justin Sullivan, Levi Strauss, Levi's, Levi, khakis, …, Harmit Singh, Singh, Beyoncé, Michelle Gass Organizations: Dockers, LSEG, CNBC, of America Locations: U.S

☆ 11 little-known secrets about Rory Gilmore even die-hard 'Gilmore Girls' fans may not remember
▼ + stars: | 2024-10-02 | by ( Stephanie Ashe | ) www.businessinsider.com time to read: 1 min

Alexis Bledel on "Gilmore Girls: A Year in the Life." NetflixAlmost 10 years after "Gilmore Girls" ended, the showrunners revived the series on Netflix's "Gilmore Girls: A Year in the Life." On the series, viewers find out that Rory is pregnant, but it's unclear who the father is. Over the course of the revival, she's shown in an on-again, off-again relationship with both her boyfriend Paul and ex-boyfriend Logan. Matt Czuchry, who played Logan, told Us Weekly in 2021 that creator Amy Sherman-Palladino and executive producer Dan Palladino told him who the father is.

Persons: Alexis Bledel, Gilmore, Rory, she's, Paul, Logan, There's, Jess Mariano, Matt Czuchry, Amy Sherman, Palladino, Dan Palladino Organizations: Netflix Locations: New York

☆ It looks like Google cofounder Sergey Brin is selling his superyacht
▼ + stars: | 2024-10-02 | by ( Madeline Berg | ) www.businessinsider.com time to read: +3 min

Billionaire Google cofounder Sergey Brin has put his superyacht Dragonfly up for sale. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementIt looks like Sergey Brin, the billionaire Google cofounder, is reducing his Fly Fleet. Based on promotional photos and videos, it looks like she's also equipped with paddleboards, Jet Skis, eFoils, and wakeboards. AdvertisementSince stepping down from Alphabet in 2019, Brin has seemed to enjoy his high-flying life.

Persons: Sergey Brin, Brin, —, Y.CO, she's, Espen Øino, Shahid Khan, Paul Allen, Pam Organizations: Monaco, Service, Bloomberg, Jet, she's Locations: Bay, Antibes, Vanuatu, South Pacific, He's

Angel Mitchell was in knots Friday morning at the eastern Tennessee hospital where her 83-year-old mother had been admitted days earlier for pneumonia. People evacuate Unicoi County Hospital due to unusually high and rising water from the Nolichucky River. Mitchell said her mother was fastened to a gurney and hoisted up, then taken to another hospital. During that last hour, a panic attack set in as she thought about her mother. Mitchell said she's grateful everyone at the hospital survived, but on Monday, her mother received another devastating diagnosis — that she has colon cancer.

Persons: Angel Mitchell, Mitchell, Helene, Hurricane Helene, Janice Wilson, Regan Tilson Mitchell, gurney, Erwin, she's Organizations: Hospital, Tennessee Army National Guard, Virginia State Police, Tennessee Emergency Management Agency, Erwin, Hawk, Impact Plastics Locations: Tennessee, Unicoi, Erwin, Knoxville, Unicoi County, Johnson City

The longtime elected coroner in Hinds County, Mississippi, who faced withering criticism last year for burying men in pauper's graves without notifying their families, is stepping down early. Sharon Grisham-Stewart, a Democrat, announced Monday that she would retire Dec. 31, three years before the end of her current term. The mother of one of those men, Jonathan Hankins, confronted Grisham-Stewart in February at the county's pauper's field. And the Justice Department stepped in, saying it would help authorities in Hinds County and Jackson improve their death notification procedures. Grisham-Stewart was first elected as Hinds County coroner in 1999 and last won re-election in 2023.

Persons: Sharon Grisham, Stewart, Grisham, Jonathan Hankins, Gretchen Hankins, Jackson, Robert Graham, Graham, She's, Dexter Wade, Marrio Moore, Hankins Organizations: Democrat, NBC, WLBT, Supervisors, Police, Justice Department, of Supervisors, NBC News Locations: Hinds County , Mississippi, Hinds, Jackson, Hinds County

☆ She was still in college when she started applying for the housing lottery. Now, she pays $1,600 for a 1-bedroom apartment in NYC.
▼ + stars: | 2024-10-01 | by ( Amanda Goh | ) www.businessinsider.com time to read: +8 min

AdvertisementMitchell won the NYC housing lottery over a year ago. Molly Stromoski for NYC Department of Housing Preservation and Development"It's damn near as easy as swiping on a dating app. Molly Stromoski for NYC Department of Housing Preservation and DevelopmentTo qualify for an apartment, each household must meet specific income requirements. Applying for the housing lottery is free, but competition is stiff: According to the HPD, on average, there are 450 applications received per rental unit. AdvertisementShe has a piece of advice for those interested in the housing lottery: Apply, apply, apply.

Persons: Ceronne Mitchell, —, Mitchell, you'll, Molly Stromoski, Long, Lacey, It's, There's, I'm Organizations: New, Service, NYC Department of Housing Preservation, Department of Housing Preservation, Housing Development Corporation, Development, World Trade Center, Facebook, New York Locations: New York City, Queens, Brooklyn, NYC, New York, Zillow

☆ Amazon's big bet — Critical Role's breakout nerdworld animated series — is back for another wild season
▼ + stars: | 2024-10-01 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +6 min

Amazon made a big bet on nerdworld when it decided to back Critical Role's animated series. The "Critical Role" fandom gave the crew more than $11.3 million to get to work, and they later secured Amazon's backing to take their pitch on at the Prime Video streaming platform. According to the sneak peek fans have gotten of the season, this season will also show how Keyleth falls deeper in love with O'Brien's Vax'ildan. There's more Amazon-backed animation work in the pipeline, CR's cofounders sayThe cast of Critical Role. Jon Kopaloff/Getty Images for Amazon StudiosCritical Role is also working on "Mighty Nein," another Amazon-backed animated series based on the team's second long-running "D&D" campaign.

Persons: —, Vox, They’ve, Vox Machina, Liam O'Brien, O'Brien, Keyleth —, Marisha Ray —, O'Brien's, It's, Ray, Jon Kopaloff, Matthew Mercer, Mercer — who's, We'll, Mercer, Laura Bailey, " Bailey Organizations: Amazon, Kickstarter, Service, CR, Business, Amazon Studios, Vox Locations: Los Angeles, Exandria

☆ NATO's new chief will have to confront threats outside the alliance — and within
▼ + stars: | 2024-10-01 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +6 min

Mark Rutte, incoming secretary general of the North Atlantic Treaty Organization (NATO), during a transition ceremony at the NATO headquarters in Brussels, Belgium, on Tuesday, Oct. 1, 2024. Mark Rutte, the affable and meticulous former Dutch premier, has a daunting task ahead to keep the defense alliance a global force. "As Secretary General, I will work on three main priorities," Rutte said as he took over the reins from Jens Stoltenberg during a handover ceremony in Brussels. "The first is to keep NATO strong and to ensure our defenses remain effective and credible against all threats. U.S. President Donald Trump (L) speaks with Jens Stoltenberg, Secretary General of NATO as they attend the NATO summit at the Grove Hotel on December 4, 2019 in Watford, England.

Persons: Mark Rutte, Rutte, he's, —, Donald Trump, Jens Stoltenberg, Vladimir Putin, Armida van Rij, Kamala Harris, I'm, She's, Dan Kitwood Organizations: Atlantic Treaty Organization, NATO, Bloomberg, Getty, U.S, Ukraine, European Union, Kremlin, Chatham House, Royal United Services Institute, Republican, Trump Locations: Brussels, Belgium, Netherlands, Russia, Ukraine, China, North Korea, Iran, NATO, Moscow, Grove, Watford, England

☆ Boomers Are Selling Their Small Businesses; Millennials Are Buying
▼ + stars: | 2024-10-01 | by ( Ann C. Logue | ) www.businessinsider.com time to read: +12 min

Sure, many small businesses aren't glamorous — think dental practices or accounting firms — and they involve long hours and unpredictable market forces. The US Small Business Administration said in July that there were nearly 35 million small businesses in the US. Fewer than two-thirds of small businesses in the US in 2022 were profitable, and over a million businesses of all sizes close each year. Traditionally, small businesses were family businesses, and the eldest male child was expected to take it over when the patriarch was ready to step down. Buying up small businesses allows people without wealthy boomer parents to cash in on the trillions of dollars of wealth the generation is sitting on.

Persons: George Coulam, Coulam, Forrester, Nancy Forster, Holt, Ernst & Young, Steve Holt, Shaw, Tenney, Paul, Helen Reagan, Forster, who's, Jennifer, Neil Gutekunst, Edie Ellis, Ellis, BizBuySell, you've, Dave Specht, Specht, they've, " Forster, She's, PwC, Norm Dinkel, Brian Brogan, — he's, hasn't, it's, Jennifer Gutekunst, boomer Organizations: Texas Renaissance, NewEdge Wealth, Ernst &, Shaw, University of Rhode, US Small Business Administration, Small Business Administration, Drucker School, Family Business, Claremont Graduate University, Wall, American Investment Council, Saint Joseph's University Locations: Texas, America, Sacramento , California, Maine, Orono, Chicago, Washington, Pennsylvania

☆ Meghan Markle and Prince Harry's management style is under scrutiny again. PR experts share 2 steps they should take to change the conversation.
▼ + stars: | 2024-10-01 | by ( Samantha Grindell | ) www.businessinsider.com time to read: +8 min

Prince Harry and Meghan Markle's leadership style is being scrutinized again. They also said Prince Harry's recent solo appearances are a strong move for the couple. Meghan Markle and Prince Harry attend the Royal Salute Polo Challenge in April 2024. Meghan Markle and Prince Harry in September 2023. AdvertisementJimmy Fallon and Prince Harry on "Tonightmares" in September 2024.

Persons: Prince Harry, Meghan Markle's, Prince Harry's, —, Harry, Meghan Markle, Meghan, Duke, Duchess of, Josh Kettler, Kettler, Catherine St, Laurent, Ben Browning, Yaroslav Sabitov, Ashley Hansen, Meghan's, pushback haven't, Oprah Winfrey, Buckingham, Omid Scobie, Carolyn Durand's, Evan Nierman, Banyan, Duchess of Sussex, Megan Balyk, haven't, they've, Chris Jackson, Balyk, Francia Márquez, Eric Charbonneau, Jimmy Fallon, Nierman, Meghan aren't, he's, Sentebale, Prince Seeiso, Seeiso Organizations: Service, Hollywood, Sussex, Getty, Times, Jive, Invictus Games, Universidad Ean, Archewell, Clinton Global Initiative, NBC, Senate Locations: Duchess of Sussex, London, Colombia, Cape Town, that's, New York City, Lesotho, Africa

LAS VEGAS — Vice President Kamala Harris said Sunday that she would "double" Justice Department resources to crack down on cartels and cut the flow of fentanyl into the U.S., just hours after former President Donald Trump repeated his false claim that she wants to legalize the drug. At a rally Saturday, Trump also discussed fentanyl, baselessly claiming Harris wants to legalize it. "She's so radical she even wants to legalize fentanyl right away," he told a crowd Saturday in Wisconsin, a claim he repeated Sunday before a crowd in Pennsylvania. More than 100,000 people died of drug overdoses last year, according to data from the Centers for Disease Control and Prevention. Sunday's rally was Harris' second in Nevada since she launched her presidential bid.

Persons: Kamala Harris, Donald Trump, Harris, Trump, ” Harris, Nnamdi Egwuonwu, Megan Lebowitz Organizations: VEGAS, Department, Department of Justice, Centers for Disease Control, Trump, Nevada Democratic Party Locations: U.S, Arizona, Wisconsin, Pennsylvania, Erie , Pennsylvania, Nevada, Las Vegas, Washington

☆ I'm a millennial who lives alone in a tiny house in the countryside. I don't feel like I'm missing out on city life.
▼ + stars: | 2024-09-30 | by ( Amanda Goh | ) www.businessinsider.com time to read: +7 min

Nikky de Graaf, 30, moved to the countryside to live in a cottage on her parents' land. She spent $3,000 to set up the tiny home and doesn't feel like she is missing out on big-city life. Nikky de Graaf lives in a cottage in the rural countryside of the Netherlands. It has a beautiful view of the surrounding fields, and I really love it. AdvertisementI love this life, and I don't really miss out on any of the city activities, because living in the countryside gives me so many other things to enjoy.

Persons: Nikky, —, Nikky de, I've, Nikky de Graaf, de, that's, De Graaf, de Graaf Organizations: Service, Utrecht —, Amsterdam —, YouTube Locations: Graaf, Nikky de Graaf, Netherlands, Utrecht, Amsterdam, de Graaf, that's

☆ I moved to Germany from the US with 4 kids. Here, I have a lot more time for myself.
▼ + stars: | 2024-09-30 | by ( Erin Liam | ) www.businessinsider.com time to read: +6 min

Celia Robbins relocated with her family to Berlin after her husband got a job in Germany. Last year, the kids and I moved to Berlin so they could attend international school. AdvertisementBack in the US, I had been helicopter-parenting my kids, having a lot of control over every aspect of their lives. I was beholden to my kids' schedule in the USI spent about two hours every day in the car, driving my kids to school or to a long list of extracurriculars. But here in Berlin, kids are expected to manage their own things and get themselves to places.

Persons: Celia Robbins, Robbins, she's, —, would've, he'd, Let's, I've, it's Organizations: Service, Embassy of, Cornell University, Rostock —, UN Locations: Berlin, Germany, American, United States, America, Ithaca , New York, Rostock, I'm, New York

☆ 36-year-old’s Etsy side hustle brings in up to $54,000 a month, takes 10 hours a week—it paid off her student loan debt
▼ + stars: | 2024-09-30 | by ( Megan Sauer | ) www.cnbc.com time to read: +2 min

Emily Odio-Sutton started her Etsy side hustle on her couch while watching a "Real Housewives" TV show in December 2022. She doesn't recall which one, but she does remember the months of research fed into that moment. When a customer places an order, a third-party manufacturer prints the design onto the product and ships it out. DON'T MISS: The ultimate guide to earning passive income onlineIn her best month so far, the side hustle — which takes roughly 10 hours per week, she says — brought in $54,900. It padded her family's finances, paying for vacations and her $20,000 in student loans, she says.

Persons: Emily Odio, Sutton, couldn't, — Organizations: CNBC Locations: Odio

☆ Cramer's Lightning Round: 'Do not sell Cracker Barrel'
▼ + stars: | 2024-09-30 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Cracker Barrel's year-to-date stock performance. Stock Chart Icon Stock chart icon Redwire's year-to-date stock performance. Stock Chart Icon Stock chart icon Cava's year-to-date stock performance. Stock Chart Icon Stock chart icon Nextracker's year-to-date stock performance. Stock Chart Icon Stock chart icon HSBC's year-to-date stock performance.

Persons: Julie Masino, I've, Jim Cramer's Organizations: BellRing, HSBC Locations: Cava

☆ ‘Who are you?’ An artist confronts vintage photos of her father’s past lovers
▼ + stars: | 2024-09-30 | by ( Jacqui Palumbo | ) edition.cnn.com time to read: +6 min

London-based photographer Caroline Furneaux was confronted with these questions after sifting through boxes of her father’s 35mm slides in the years following his sudden death in his 70s. Furneaux felt as if she had stumbled upon a different version of her father and his life. Caroline FurneauxFurneaux explores these fragments of her father’s life throughout the book. It was a precious collection because his stepmother had burned all the family photos and other ephemera from the past, Furneaux told CNN. Furneaux intentionally didn’t include any couple’s shots, still finding it strange to picture her father with his past romances.

Persons: Caroline Furneaux, She’d, she’d, “, ”, coy, Furneaux, —, …, It’s, Colin, –, Caroline Furneaux Furneaux, Barbro, Caroline Furneaux Colin Organizations: CNN Locations: London, Sweden

☆ I let campers rent part of my backyard from $70 a night. It helps pay our high home maintenance costs.
▼ + stars: | 2024-09-30 | by ( Dan Latu | ) www.businessinsider.com time to read: +7 min

Rocki McCrocklin, 52, rents her Bend, Oregon, backyard out to campers for about $74 a night. The first summer we lived in the house, some of our friends said they were taking a trip with Hipcamp. It goes back into the upkeep of the spots, too, but with a two-acre property, there's always going to be high maintenance costs. Courtesy of Rocki McCrocklinI really love meeting our guests and getting to know some amazing people. Some Hipcamp guests have been especially memorableMcCrocklin put the woodchips down on the campsite to minimize dirt spreading to the rest of the yard.

Persons: Rocki McCrocklin, McCrocklin, —, We're, she's, there's, we're, We've, we've, There's Organizations: Service, Hipcamp, Hayden Homes Amphitheater Locations: Bend , Oregon, Bend, Redmond, Georgia, Pennsylvania, Sweden, Santa Rosa , California, McCrocklin's

☆ Chappell Roan dropping out of a music festival had an unexpected upside for fans of queer pop
▼ + stars: | 2024-09-30 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: +8 min

The music festival All Things Go took place on Saturday and Sunday in Maryland and New York. Chappell Roan, a major draw, dropped out at the last minute — but other performers made up for it. Artists like MUNA, Reneé Rapp, and Janelle Monáe proved that other queer artists deserve the spotlight, too. AdvertisementOn Sunday evening, MUNA welcomed the crowd at Maryland's Merriweather Post Pavilion to All Things Go Music Festival, which the group lovingly dubbed "Lesbopalooza." At least one person was in full Lady Liberty drag, emulating Roan's onstage look at Governors Ball in June.

Persons: Chappell Roan, MUNA, Reneé Rapp, Janelle Monáe, —, Katie Gavin, Naomi McPherson, Josette Maskin, MUNA wasn't, Nina Westervelt, festivalgoers, they'd, Roan, Hozier, they've, Phoebe Bridgers, Gracie Abrams, Arlo Parks, Julien Baker, Lucy Dacus, Towa, she's, it's, Towa Bird, Rapp, Amber Bain, Maren Morris, Ethel Cain, Conan Gray, there's Organizations: Service, Maryland's, York, Forest, Spotify, Lady Liberty, Ball, Democratic, The Locations: Maryland, New York, Queens, Roan's

☆ 2024 Election: Crypto Bros Could Swing Votes Toward Kamala or Trump
▼ + stars: | 2024-09-30 | by ( Emily Stewart | ) www.businessinsider.com time to read: +14 min

Trump and Harris have different reasons to try to attract the crypto community — donors, voters, the fact that the former president likes anyone who flatters him, etc. All of Trump's courting of the crypto industry is possible because Democrats left open an opportunity for him to pounce. In September, he unveiled his own crypto venture, World Liberty Financial. The crypto industry doesn't mind the attention it's getting from policymakers. What Harris or Trump will actually do on crypto is unclear, but that's not really the point right now.

Persons: cryptocurrency, Crypto, Sen, Katie Porter, Jamaal Bowman, Sherrod Brown's, Bernie Moreno, Donald Trump, Kamala Harris, Trump, Harris, Marc Andreessen, Ben Horowitz, Andreessen Horowitz, Cameron, Tyler Winklevoss, He's, Adam Kovacevich, Joe Biden's, Gary Gensler, Lina Khan, Biden, Sheila Warren, Brian Hughes, Elizabeth Warren, Jon Tester, Bernie Sanders, Barron, it's, Robert Weissman, he's, She's, Chuck Schumer, Jared Polis of, Anthony Scaramucci, Mark Cuban, Ron Conway, Sherrod Brown, Kamala, she's, Rachael Horwitz, " Horwitz, Harris hasn't, Molly White, Horwitz, It's, There's, Weissman, Dan Cassino, Khan, Warren, that's, Emily Stewart Organizations: Democratic, Sherrod Brown's Republican, Gemini, Facebook, Trump, GOP, Republican, of, Democrats, Securities and Exchange, Federal Trade Commission, Crypto, Innovation, Liberty Financial, Public Citizen, Financial Times, Politico, Gov, Jared Polis of Colorado, Wall Street, Haun Ventures, Fairleigh Dickinson University, Capitol Hill, SEC, FTC, Chamber, Business Locations: Ohio, Wisconsin, Nashville, United States, Silicon Valley, That's, California, New York, America, bitcoin, Washington

☆ China market investors adopting 'Buy First Think Later' approach: Wealth manager
▼ + stars: | 2024-09-30 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina market investors adopting 'Buy First Think Later' approach: Wealth managerMagellan Capital's Britney Lam explains why she remains bullish on the Chinese market, and where she's still hoping to see more gains come through.

Persons: Magellan, Britney Lam, she's Organizations: China

☆ America's absurd war on 'organized retail crime'
▼ + stars: | 2024-09-30 | by ( Amy Martyn | ) www.businessinsider.com time to read: +26 min

Organized retail crime "is not shoplifting," the agency says on its website, "and these crimes are not victimless." AdvertisementOne homeless woman in jail who pleaded guilty to felony organized retail theft tells me she steals out of desperation. Gavin Newsom sent $267 million to cities across California to increase arrests of organized retail crime — and the crackdown has escalated dramatically. Even the guy who says he coined the term "organized retail crime" can't say how much is lost to it. Gavin Newsom has provided California cities with $267 million and signed 10 new bills into law to bolster the prosecution of organized retail crime.

Persons: Veronica Lumbreras, Deysi Ramirez, Brooke Jenkins, Lumbreras, Villanueva, Ramirez, Louis Vuitton, Sen, Chuck Grassley, Gavin Newsom, Chanel, ANGELA WEISS, David Johnston, shoplifters, Shalia Brown, she's, Brown, Thomas Riddle, Riddle, Elizabeth Camacho, That's, Jeff Loftin, they're, Eric Risberg, Aziza Graves, Miss Graves, Graves, Jenkins, Maury Povich's, Jeffrey Ross, Ross, there's, Read Hayes, Jeffrey Epstein, San Francisco Bloomingdale's, Alto, Bloomingdale's, Cuauhtemoc Ramirez, Amy Martyn Organizations: San Francisco's Mission, San Francisco Police Department, CVS, Target, National Retail Federation, of Homeland Security, San Francisco Chronicle, Hearst Newspapers, Getty, San Francisco, Walgreens, Retailers, Gov, Patrol, Saks, Retail Federation, Kroger, San, Nvidia, Employees, Hall of Justice, ABC News, Prevention, Body, Alto, Mental Health, Anadolu, Walmart, Safeway Locations: San Francisco's, Arriba Juntos, Villanueva, Bay, Walnut, San Francisco, Hayward, California, Mission, Napa County, America, Los Angeles, San Francisco's County, Oakland, Bath

☆ Bowen Yang defended his 'Saturday Night Live' Chappell Roan Moo Deng joke, after fans accused him of making fun of her mental health struggles
▼ + stars: | 2024-09-30 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +4 min

Bowen Yang poked fun at overnight star Chappell Roan dressed as baby hippo Moo Deng on "Saturday Night Live." Chappell Roan fans accused Yang of not taking her mental health struggles seriously. Others fans called out Yang for parodying Roan after interviewing her about her mental health struggles. mind you bowen yang interviewed chappell not long ago and was saying how much he loves her and kissing her ass. Let her take as much time as she needs for her mental health.

Persons: Bowen Yang, Chappell Roan, Deng, Yang, —, Roan, she's, Britney Spears, Moo Deng, Kamala Harris, bowen, 5wFxDLrqTQ — Chappell Moam, ☽, chappell, ure, owen Y, lear, ake, owen, ike, Bo Organizations: Service, snl, OWEN, ANG, ust Locations: New York

☆ Young Chinese are looking for dupes and cheaper substitutes for everything from Hermès to travel
▼ + stars: | 2024-09-30 | by ( Huileng Tan | Matthew Loh | ) www.businessinsider.com time to read: +9 min

Chinese consumers are opting for affordable alternatives across various categories to save money. The trend, known as pingti, is driven by economic challenges and is popular among young people. Consumers are finding cheaper substitutes for luxury goods, everyday items, and even healthcare. It's now become a trend in China to save on nearly every consumer category, from luxury goods to everyday consumables to travel, with cheaper substitutes. A Bank of America survey of 1,052 adult Chinese consumers showed weakening consumer sentiment, with 30% of respondents planning to spend more — down from 45% in June.

Persons: —, It's, Bobbi Brown, Estée Lauder, MingYii Lai, it's, Lindy, Hermes Lindy, Lai, Ruth Jin, Xiaohongshu Cleo Xie, they've, She's, Xie, Jin, Yves Saint Laurent, Keith, she's Organizations: Service, Daxue Consulting, Bottega, Prada, University, Dai, PPI, Bank of America Locations: China, Xiaohongshu, Beijing, Ili, Xinjiang, Provence, France, Xishuangbanna, Laos, Myanmar, Bangkok, Thailand, Chengdu, Europe, Asia

☆ Why Kamala Harris and Donald Trump Are Courting the Crypto Crowd
▼ + stars: | 2024-09-30 | by ( Emily Stewart | ) www.businessinsider.com time to read: +14 min

Trump and Harris have different reasons to try to attract the crypto community — donors, voters, the fact that the former president likes anyone who flatters him, etc. All of Trump's courting of the crypto industry is possible because Democrats left open an opportunity for him to pounce. Related storiesWhile Molly White, a crypto researcher and critic, described Harris' recent statements about crypto as "middle of the road," she said she thought the crypto industry was "definitely taking an optimistic view." The crypto industry doesn't mind the attention it's getting from policymakers. What Harris or Trump will actually do on crypto is unclear, but that's not really the point right now.

☆ My daughter still couldn't tie her shoes at 9 years old. I'm to blame because I only teach her things when she's interested.
▼ + stars: | 2024-09-29 | by ( Stacy Hoch | ) www.businessinsider.com time to read: +5 min

My daughter couldn't tie her shoes until she was 9 because she had no interest before that. AdvertisementThis same strategy is why I don't push my third grader to read more even though she's still at a second-grade reading level. Because of her learning disability, I don't push her to read more. When my kids learn something they actually have an interest in, the process is easier, safer, and more enjoyable for all of us. She was shocked at how easy it was to tie her shoes in just a couple of minutes.

Persons: couldn't, —, I've, She'd, she'd, she's, meltdowns Organizations: Service

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