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☆ We took our kids to fancy resorts in Bali, but we were all happier once we moved to a cheaper accommodation with less frills
▼ + stars: | 2024-12-03 | by ( Melissa Noble | ) www.businessinsider.com time to read: +4 min

We started with the fancier resorts, which were amazing but didn't feel specialThe Holiday Inn Resort Bali Nusa Dua was beautiful. Melissa NobleOur first stop was the Bali Mandira Beach Resort and Spa, which came highly recommended by our friends. AdvertisementThe resort felt peaceful with sprawling, immaculately tended gardens, yet it was still close to the action. We could step outside and explore the markets around Legian, then retreat back into the Bali Mandira oasis. Next, we headed to the five-star Holiday Inn Resort Bali Nusa Dua, which overlooks Benoa Bay.

Persons: Melissa Noble, It's, We've, we've Organizations: Bali Ngurah Rai International Airport, Google, Green Fields, Green Field Locations: Bali, Bali Nusa Dua, Bali Ngurah Rai, Legian, Benoa, Australia, Indonesia, Ubud

☆ Kursk offensive: Ukraine’s soldiers fight to hold onto Russian region
▼ + stars: | 2024-12-03 | by ( Nick Paton Walsh | ) edition.cnn.com time to read: +4 min

Sumy, Ukraine CNN —The dawn assault inside Russia’s Kursk region never even got to a gunfight, yet betrayed the intensity of the battle in Kremlin territory. They provide a rare insight into the nearly four-month-long Ukrainian occupation of Kursk. A funeral ceremony in Irpin, Ukraine, is held last month for Serhii Solovyov, a soldier who died during the Kursk offensive. Recent Russian assaults in his area of Kursk have proven as ineffective as costly, he said. His drone commander, callsign “JS” for Java Script, said the unit killed 50 Russians that day.

Persons: “, ”, Oleksandr, ” Oleksandr, –, Donald Trump, Serhii Solovyov, Evgeniy, you’re, Chasiv Yar, Volodymyr Zelensky, ” JS Organizations: Ukraine CNN, 225th, Kyiv, US, Trump, United, 76th Brigade, Korean, Pentagon, Kyodo, Kremlin, ”, Java Locations: Sumy, Ukraine, Russia’s Kursk, Kremlin, Ukrainian, Kursk, Irpin, Budapest, Russia, United Kingdom, United States, Belarus, Kazakhstan, England, Bakhmut

☆ South Korean won falls sharply against the U.S. dollar after president declares martial law
▼ + stars: | 2024-12-03 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +1 min

A television screen shows a news broadcasting of South Korean President Yoon Suk Yeol delivering a speech on emergency martial law, in Goyang, northwest of Seoul, on December 3, 2024. South Korea's won on Tuesday fell sharply against the U.S. dollar shortly after President Yoon Suk Yeol declared an emergency marital law. The U.S. dollar traded up as much as 2.7% against the won, before paring gains. Speaking during an unannounced televised briefing, South Korea's Yoon accused opposition lawmakers of controlling the parliament and throwing the country into a political crisis. Martial law refers to the temporary imposition of military authority over a civilian population, typically during a time of emergency.

Persons: Yoon Suk, South Korea's, Yoon Suk Yeol, Korea's Yoon, Yoon, hasn't Organizations: South, U.S, U.S . Locations: Goyang, Seoul, Republic of Korea, Korean, Asia's

☆ After giving birth, I felt detached from my body. I decided to cut my hair and start hormone replace therapy.
▼ + stars: | 2024-12-03 | by ( Oisín Rowe | ) www.businessinsider.com time to read: +5 min

After giving birth, I felt detached from myself and knew I needed to make changes. Giving birth became the fuel I needed to start hormone replacement therapy finally. As my bump grew and I began to receive the excited swell of compliments, I drifted farther from myself. But 10 weeks postpartum, I began to notice I was entirely detached from my body. Transitioning postpartum has not only been a way of choosing myself, but showing up authentically makes me the parent my son needs.

Persons: It's

☆ Video: How a Supreme Court case could affect the future of transgender youth health care
▼ + stars: | 2024-12-03 | by ( Paula Reid | ) edition.cnn.com time to read: 1 min

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☆ Italy bans Airbnb self-check-ins
▼ + stars: | 2024-12-03 | by ( Barbie Latza Nadeau | ) edition.cnn.com time to read: +3 min

For travel tips, recipes and more insight on Italian culture, sign up for CNN’s Unlocking Italy newsletter. This eight-part guide will have you packing your bags in no time. Rome CNN —The days of arriving late at an Airbnb in Italy and opening up the key box to let yourself will soon be over after the country issued a ban on self-check-ins under a new law it says is needed to combat potential terrorism. The ban represents a tightening up of Italian law. Local governments have already welcomed the move, which comes on the heels of a ban on keyboxes issued by the Tuscan city of Florence in mid-November.

Persons: Rome Roberto Gualtieri, ”, Daniela Santanché Organizations: Rome CNN, Interior Ministry, CNN, ” CNN Locations: Rome, Italy, Cortina, Tuscan, Florence, ”

☆ BlackRock is buying HPS, rounding out a year of blockbuster deals
▼ + stars: | 2024-12-03 | by ( Michelle Abrego | ) www.businessinsider.com time to read: +5 min

AdvertisementBlackRock is nearing a deal to buy private credit firm HPS Investment Partners. HPS would be another major private markets deal for the $11.5 trillion money manager. BlackRock, known for its ETFs, is hoping a shift to private markets will drive growth. BlackRock is set to buy HPS Investment Partners, a private credit behemoth managing $150 billion, in an all-stock deal worth around $12 billion, the Wall Street Journal reported Tuesday morning. The three will now join BlackRock's global executive committee and lead a new unit combining HPS and BlackRock's existing private credit business, according to the WSJ report.

Persons: HPS, Larry Fink, Fink, Izzy Englander's, Scott Kapnick, Goldman Sachs, Scot French, Michael Patterson, Cindy Ord, BlackRock, GIP, Martin, It's Organizations: BlackRock, HPS Investment Partners, Wall Street, Global Infrastructure Partners, Management, Barclays, Investment, JPMorgan, Highbridge Capital Management, HPS Investment, Getty, Private, Wall, Bloomberg, Apollo, KKR, Tennenbaum Capital Partners Locations: BlackRock

☆ He bought a ski house in Japan for $6,000. He says people shouldn't buy them just because they're cheap.
▼ + stars: | 2024-12-03 | by ( Amanda Goh | ) www.businessinsider.com time to read: +9 min

AdvertisementMatt Guy moved to Japan in 2023 and bought a traditional house in a ski town for $6,000. He hopes that people will not buy property in Japan solely because it's cheap or trendy. Matt Guy visited Japan for the first time during a six-week trip in 2010. AdvertisementA more present and intentional lifeSince moving to Japan, Guy says he's found himself living a life that's more connected to the present. "It cannot be an entirely selfish approach of 'I just want a cheap ski house in Japan.'"

Persons: Matt Guy, Japan, Guy —, Australia —, Guy, I've, I'd, Japan —, he's, it's, He's, It's, — Organizations: —, Japan's Ministry of Justice, Japan Locations: Japan, Australia, —, Myoko Kogen, Niigata, Tokyo

☆ Real estate investor discusses the impact of elevated interest rates on the industry
▼ + stars: | 2024-12-03 | 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 EmailReal estate investor discusses the impact of elevated interest rates on the industryWarren Wachsberger of Eldridge Acre Partners says that inflation in the U.S. is causing real estate valuations to bottom and that long-dated interest rates have left some companies struggling to 'exist until'' 2026.

Persons: Warren Wachsberger, Eldridge Acre Organizations: Eldridge Acre Partners Locations: U.S

☆ This 22-year-old once dreamt of becoming a software engineer—instead, she just directed her first TV commercial
▼ + stars: | 2024-12-03 | by ( Jennifer Liu | ) www.cnbc.com time to read: +3 min

Ash Xu once thought she'd grow up to be a software engineer just like her dad. Instead, the 22-year-old is fresh off directing her first TV commercial. Later that year, she landed her first paid gig to film a commercial for an online brand. She also started to realize "my dreams of becoming a commercial director aren't as far away as I thought." Her TV commercial directing debut taught her "I don't have to be the most knowledgeable or perfect person in the room," she says.

Persons: Ash Xu, she'd, Xu, aren't, Taco, she's, I've Organizations: Bay Area, YouTube, Northwestern, CNBC, Taco Bell Locations: Bay, New York City

☆ Russia wants its pro-war bloggers to identify themselves by 2025. Only about 10% of its top channels are complying, analysis says.
▼ + stars: | 2024-12-03 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

But Kremlin-affiliated and pro-war accounts aren't playing ball, independent Russian media reported. A new analysis found that only 10 of the top 82 political pro-government Telegram channels had registered. Nearly 90% of Russia's top pro-war Telegram channels have been ignoring a government directive to identify themselves in an official registry, per an analysis by independent media outlet Vertska. But the move was originally unpopular with pro-Kremlin military bloggers, who often maintain anonymity and sometimes post analyses and criticism of Russian war leaders. Vyacheslav Volodin, the chairman of Russia's State Duma, runs the most popular registered channel.

Persons: Vladimir Putin, Vertska, Rybar, Ramzan Kadyrov, Dmitry Medvedev, Sergei Sobyanin, Boris Rozhin, Cassad, Dmitry Nikotin, Vyacheslav Volodin, Roskomnadzor Organizations: Kremlin, Security Council, Russian Defense, Duma, Business, YouTube Locations: Russia, Russian, Moscow's, Washington, Ukraine, Moscow

☆ Macron’s Paris invite shows power fast flowing from Biden to Trump
▼ + stars: | 2024-12-03 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

CNN —There’ll be a strong sense of déjà vu when French President Emmanuel Macron lays the flattery on thick for Donald Trump in Paris this weekend. The president seeks to highlight US commitment to sub-Saharan Africa in the face of China’s investment-led regional power play. Trump never made it to Africa as president and seemed more interested in insulting the continent than helping it. From left to right, Brigitte Macron, President-elect Donald Trump, Melania Trump and French President Emmanuel Macron at Le Jules Verne Restaurant at the Eiffel Tower, on July 13, 2017. Trump will arrive in Paris shortly after selecting Charles Kushner, the father-in-law of his daughter Ivanka as the next US ambassador to France.

Persons: CNN —, Emmanuel Macron, Donald Trump, Trump, Macron, Trump isn’t, — he’s, Justin Trudeau, Trump’s, Joe Biden’s, Hunter, ‘, Virginia Democratic Sen, Tim Kaine, CNN’s Manu Raju, Utah Republican Sen, Mitt Romney, Biden, Biden’s, ” Trump, It’s, Ludovic Marin, Angela Merkel, Barack Obama, Vladimir Putin, There’s, don’t, Olaf Scholz, Keir Starmer, Michel Barnier, Marine Le, Jules Verne, “, “ Emmanuel, Brigitte Macron, Melania Trump, Le Jules Verne Restaurant, Saul Loeb, ”, Macron’s, Macron —, Viktor Orbán, he’s, Charles Kushner, Ivanka, Kushner, Ivanka Trump, Jared Kushner Organizations: CNN, Notre Dame Cathedral, Trump, Canadian, Hamas, Virginia Democratic, Utah Republican, City, “, Notre Dame, Getty, European Union, New British, Labour Party, EU, Party, Michelin, Eiffel, White, Trump — Locations: Paris, Canada, Mexico, Florida, Gaza, Virginia, Utah, Angola, Saharan Africa, Africa, Buenos Aires, AFP, France, Washington, Ukraine, Russian, Russia, Germany, Britain, Europe, Hungarian, New Hampshire, Manhattan

See how we rate products and services to help you make smart decisions with your money. It's not sustainable for one partner to remain uninvolved in the household's financial decisions — but that was the scenario we found ourselves in. She didn't embrace her position as the "money person" in the house; she shared how overwhelming it felt to make all our financial decisions alone. Learning about money became my passionI had always considered myself an equal partner, but somehow I'd comfortably left finances as "her thing." AdvertisementBuilding a money teamFor the first time, my wife and I were a team when it came to finances.

Persons: —, I'd, She'd Organizations: Service Locations: Ireland

☆ Health officials investigate mystery disease in southwest Congo after 143 deaths
▼ + stars: | 2024-12-03 | by ( Associated Press | ) edition.cnn.com time to read: +1 min

Kinshasa, Congo AP —A flu-like disease that has killed dozens of people over two weeks is being investigated in southwestern Congo, local authorities said. The deaths were recorded between Nov. 10 and Nov. 25 in the Panzi health zone of Kwango province. Symptoms include fever, headache, cough and anaemia, provincial health minister Apollinaire Yumba told reporters over the weekend. The deputy provincial governor, Rémy Saki, told The Associated Press on Tuesday that between 67 and 143 people had died. Congo is already plagued by the mpox epidemic, with more than 47,000 suspected cases and over 1,000 suspected deaths from the disease in the Central African country, according to the World Health Organization.

Persons: Apollinaire Yumba, Rémy Saki, ”, Yumba, wasn’t Organizations: Congo AP, Associated Press, World Health Organization, WHO Locations: Kinshasa, Congo, Kwango province, Central

☆ Wall Street isn’t buying Trump’s deportation threats or Elon Musk’s spending cut claims
▼ + stars: | 2024-12-03 | by ( Matt Egan | ) edition.cnn.com time to read: +5 min

But Wall Street doesn’t believe the looming immigration crackdown will live up to Trump’s campaign trail hype. Nearly half of the investors anticipate annual immigration will average between 500,000 and 1 million under Trump, according to Goldman Sachs. The Wall Street bank found that more than 20% of investors expect immigration under Trump will be above the pre-pandemic pace of 1 million per year. “Our forecast is only moderately below the pre-pandemic trend because there are legal and logistical limits to executive action,” Goldman Sachs economists led by Jan Hatzius wrote in the report. Just about 10% of investors expect the Musk-led commission will be able to reduce government spending by more than $400 billion a year, Goldman Sachs found.

Persons: Donald Trump, Goldman Sachs, Trump’s, Trump, ” Goldman Sachs, Jan Hatzius, There’s, Elon Musk’s, Musk, Howard Lutnick, ” Musk, Larry Summers, It’s, ” Glenn Hubbard, George W, Bush, it’s, “ Elon Musk, ”, Marc Benioff Organizations: New, New York CNN, Trump, Republican, Elon, Department of Government, Department of Government Efficiency, Social Security, Columbia University’s Business, Economic, of New, Nasdaq Locations: New York, United States, Madison, New York City, of New York, China, Russia

☆ Stocks making the biggest moves after hours: Salesforce, Okta, Box, Marvell Technology and more
▼ + stars: | 2024-12-03 | by ( Hakyung Kim | In Hakyungkim | ) www.cnbc.com time to read: +2 min

Revenue of $9.44 billion topped consensus forecasts calling for $9.35 billion, according to LSEG. Meanwhile, adjusted earnings of $2.41 per share slightly missed estimates for $2.44 per share. Okta sees revenue for the period ranging between $667 million and $669 million, while analysts polled by LSEG sought $651 million. Box anticipates adjusted earnings of 41 cents per share on revenue of $279 million, which is in line with what analysts sought, per LSEG. Adjusted earnings of 89 cents a share topped estimates for 87 cents per share, however.

Persons: Okta, LSEG, Campbell's, Mark Clouse Organizations: Marvell Technology

☆ An ex-YouTuber with 6.5M subscribers is now an entrepreneur and investor. Here's how he stays fit whilst running his businesses.
▼ + stars: | 2024-12-03 | by ( Serafina Kenny | ) www.businessinsider.com time to read: +4 min

He shared his tactics for staying fit while running his own businesses and traveling often. AdvertisementWith so many projects on the go, his schedule looks very different from week to week, and it can be hard to maintain a consistent fitness routine. Lee shared how he keeps fit to achieve these goals while running his own businesses. When he's traveling, he goes to the gym or goes on runs because it helps him manage jetlag and anxiety. AI-driven workoutsBecause of all the traveling Lee does, he struggles to keep to a strict workout schedule or work with a personal trainer consistently.

Persons: Caspar Lee, YouTuber, he's, Lee, Joe Wicks, David Parry, I'm, Ambar Driscoll Organizations: Influencer, Gemini, YouTube, Google Locations: London, England

☆ Why did South Korea's president declare martial law?
▼ + stars: | 2024-12-03 | by ( Ellie Zolfagharifard | Ryan Pickrell | ) www.businessinsider.com time to read: +5 min

South Korea's president, Yoon Suk Yeol, on Tuesday invoked martial law, a stunning move that threw the nation into turmoil. The last time that a South Korean leader declared martial law was in 1979 following the assassination of the president. South Korea's parliament voted unanimously to block the president's decree, declaring the shocking move invalid, but martial law remains in effect. The semi-official South Korean news agency also said that media and publishers fall under the control of the South Korean military. Hours after Yoon declared martial law, live TV showed South Korea's parliament passing a motion requiring the law to be lifted.

Persons: Yoon Suk Yeol, Yoon, Yoon Suk, Kim Jong, Yoon didn't, South Korea Philip Goldberg, Yoon's, Biden, Han Dong, Lee Jae, Yonhap Organizations: South, People Power Party, Democratic Party of Korea, National Assembly, Associated Press, South Korean, State Department, Power Party, Korean, US National Security, KB Financial Group, POSCO Holdings, Wall Street Locations: Korean, South Korea, Korea's, North Korea, Korea, South

☆ Watch Tuesday's full episode of Mad Money with Jim Cramer — December 3, 2024
▼ + stars: | 2024-12-03 | 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 EmailWatch Tuesday's full episode of Mad Money with Jim Cramer — December 3, 2024"Mad Money" host and former hedge fund manager, Jim Cramer, provides stock traders with all manner of investing advice.

Persons: Jim Cramer —, Jim Cramer

☆ World Bank Warns of Record Debt Costs for Developing Countries
▼ + stars: | 2024-12-03 | by ( Alan Rappeport | ) www.nytimes.com time to read: +1 min

Soaring inflation saddled developing countries with a record $1.4 trillion in debt servicing costs last year, the World Bank said in a report published on Tuesday, detailing the precarious state faced by the world’s most vulnerable economies since the pandemic. As central banks around the world raised interest rates to slow rising prices, poor countries with already high debt burdens saw the interest payments on the money that they owed to creditors balloon. While principal balances held steady at around $951 billion, interest payments jumped by a third, to $406 billion. “These facts imply a metastasizing solvency crisis that continues to be misdiagnosed as a liquidity problem in many of the poorest countries,” Indermit Gill, the World Bank’s chief economist, wrote in the report. But that simply extends their purgatory.”More than a dozen sovereign nations defaulted on their debt in the last three years, and more than 30 of the world’s poorest countries have experienced “debt distress,” according to the United Nations.

Persons: Indermit Gill Organizations: World Bank, United Nations, Fitch Locations: Belarus, Ghana, Lebanon, Sri Lanka, Zambia

☆ China hits back at Biden's chip restrictions by banning shipments of key materials to the US
▼ + stars: | 2024-12-03 | by ( Robert Scammell | ) www.businessinsider.com time to read: +3 min

AdvertisementChina's Ministry of Commerce said on Tuesday it will halt shipments of key materials to the US. China's Ministry of Commerce said it was responding to fresh US chip export bans, announced Monday. China has retaliated against the Biden administration's semiconductor export controls by banning shipments of key materials to the US, ramping up the global chip war ahead of Donald Trump's second term. AdvertisementThe so-called "dual-use" materials include gallium, germanium, antimony, and superhard materials. AdvertisementChina's retaliation follows President Joe Biden's third wave of sanctions against US companies exporting materials to China's chip industry, announced on Monday.

Persons: Donald Trump's, Joe Biden's, Gina Raimondo, Trump, Logan Paul Organizations: China's, of Commerce, China's Ministry of Commerce, Biden, Geological Survey, Huawei, Semiconductor Manufacturing International Corp, Reuters, The New York Times, Department, Commerce Locations: China, Republic

☆ Putin makes it official: Russia is all in on defense spending
▼ + stars: | 2024-12-03 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

AdvertisementPutin has signed off on a record defense budget for 2025 amid the ongoing Ukraine war. Defense spending will rise to 13.5 trillion rubles, making up a third of the country's budget. Russian President Vladimir Putin has signed off a federal budget that will boost defense spending to a record level next year. However, Russia's economy is under pressure, with wartime activities driving the economy so hot that inflation has spiked. Russia's economy ministry forecasts that the country's economy will grow by 3.9% this year and 2.5% next year.

Persons: Vladimir Putin, Putin, Russia's, Andrei Kostin, VTB —, —, Kostin Organizations: Putin, Defense, Russian, Russia, Institute for, Reuters, Monetary, IMF Locations: Ukraine, Russian, Russia, Russia's

☆ I'm a public school teacher with a 3-hour commute. I thought I'd hate it, but it's my favorite part of my day.
▼ + stars: | 2024-12-03 | by ( Jacqueline Lekachman | ) www.businessinsider.com time to read: +3 min

AdvertisementI commute 1.5 hours into Brooklyn every day for work. The long commute has given me the gift of time to myself. Related storiesMy long commute has given me the gift of time to myself. While many people are less willing to travel for work in a post-pandemic world, I celebrate the sanctity of a long commute. But overall, my long commute makes me feel more capable and in charge of my life.

Persons: I've, I'm Organizations: American Educational Research Association Locations: Brooklyn, Manhattan

☆ A dating expert explains why living apart keeps the spark alive in older relationships
▼ + stars: | 2024-12-03 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +3 min

Being open to living apart also widens the dating pool, particularly for older women. But for older couples, there's another appealing relationship setup: living apart, together — also known as "LAT." Ury said living apart, together has a ton of perks — particularly for older daters. AdvertisementBut for older daters who aren't looking to raise kids together, ticking off all those boxes is often less important. Living apart allows each person to live in their own world — and that can be a boon for a relationship.

Persons: there's, —, Logan Ury, Ury Organizations: Lancaster University, University College London Locations: LAT

☆ Minimum Wage Waiver for Disabled Workers Would End Under Biden Plan
▼ + stars: | 2024-12-03 | by ( Danielle Kaye | More About Danielle Kaye | ) www.nytimes.com time to read: +1 min

The Biden administration on Tuesday moved to end a program that had for decades allowed companies to pay workers with disabilities less than the minimum wage. The statute, enacted as part of the Fair Labor Standards Act of 1938, has let employers obtain Labor Department certificates authorizing them to pay workers with disabilities less than the federal minimum wage, currently $7.25. The department began a “comprehensive review” of the program last year, and on Tuesday it proposed a rule that would bar new certificates and phase out current certificates over three years. “This proposal would help ensure that workers with disabilities have access to equal employment opportunities, while reinforcing our fundamental belief that all workers deserve fair competition for their contribution,” Taryn Williams, assistant secretary of labor for disability employment policy, said on a call with reporters. As of May, about 800 employers held certificates allowing them to pay workers less than minimum wage, affecting roughly 40,000 workers, said Kristin Garcia, deputy administrator of the Labor Department’s wage and hour division.

Persons: Biden, ” Taryn Williams, Kristin Garcia Organizations: Fair Labor, Labor

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