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☆ We moved to Copenhagen to raise our young kids. Childcare is astronomically cheaper and better, but we miss the convenience of shopping on Amazon.
▼ + stars: | 2023-10-25 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +7 min

I wanted to raise my children in EuropeOwens, her husband, Shawn, and their three children. I brought my kids outside all the time even before we got here. I feel safe enough to leave my kids outside when I go run into a convenience store or a bakery. If you want to do Amazon, you can do Amazon Germany, but it's more expensive to ship from there to here. Ellie OwensIf you are okay with living outside the city and commuting in, you can find a lot cheaper housing.

Persons: Ellie Owens, —, Shawn, he'd, Europe Owens, he's, They're, I've, Owens, it's, We're Organizations: Service Locations: Denmark, Copenhagen, Ridgefield , Connecticut, New York, Detroit , Michigan, Bremen, Germany, Europe, Swedish

AdvertisementAdvertisementI knew college was the right choice for me, but I wasn't sure at first how I would pay for it. I reached out directly to people who could help, which got me opportunities like a work study program. It cannot be overstated how difficult it is to apply to, pay for, attend, and graduate from college as a first-generation, low-income student, especially without ending up with huge student loans. I applied for merit-based scholarshipsSome universities allow you to apply for scholarships directly when you submit your college application. Private Student Loans If you need to fill any financing gaps for college after exhausting all of your options, see our guide for the best private student loans.

Persons: —, I've, I Organizations: Service, Pew Research Center, Boston University Locations: QuestBridge

☆ JuMBO discovery: New Webb image reveals mysterious planet-like objects in the Orion Nebula
▼ + stars: | 2023-10-05 | by ( Ashley Strickland | ) edition.cnn.com time to read: +6 min

CNN —New images from the James Webb Space Telescope have revealed surprising pairs of planet-like objects in the Orion Nebula that have never been detected before. The Orion Nebula, a glowing cloud of dust and gas, is one of the brightest nebulae in the night sky and identifiable as the sword in the Orion constellation. But no existing theories explain how the JuMBOs formed, or why they’re present in the Orion Nebula, McCaughrean said. This Webb image shows the full survey of the inner Orion Nebula and Trapezium Cluster, captured in long wavelengths of light. Meanwhile, other research focused on different star-forming regions could reveal whether JuMBOs are elsewhere beyond the Orion Nebula.

Persons: James Webb, Samuel G, Pearson, Mark J, McCaughrean, Brown, ”, Webb, “ They’re, ” McCaughrean, ” Pearson, “, JWST, ’ ” Pearson, “ It’s Organizations: CNN, Orion, European Space Agency, Space Research, Technology, Orion Nebula, NASA, ESA, CSA Locations: Netherlands, Orion

☆ ‘Killers of the Flower Moon’ and Scorsese’s Bride Like No Other
▼ + stars: | 2023-09-14 | by ( Melena Ryzik | More About Melena Ryzik | ) www.nytimes.com time to read: +1 min

Led by Scorsese, the filmmakers aimed to be scrupulously authentic in the ways they depicted the Osage, down to the threads in their clothing. “Few people in the world could afford that, but they documented their lives and their travel and where they lived so beautifully. By the early 20th century, the Osage were as au courant as Vogue editors. The wedding scene in “Killers of the Flower Moon” is a showstopper, with Mollie Kyle, the bride played by Gladstone, and her bridesmaid sisters in richly embroidered skirts, finger-woven belts and bespoke military coats, complete with brass buttons and braided epaulets. The look is topped off by towering 18-inch hats decorated with French ribbon and festooned with feathers dyed cyan or magenta.

Persons: Scorsese, Jacqueline West, Daniel C, ”, “, ” Swan, Mollie Kyle Organizations: University of Oklahoma, courant, Vogue, Gladstone Locations: New York

☆ Veteran short-seller Jim Chanos calls soaring electric carmaker VinFast a '$200 billion meme stock'
▼ + stars: | 2023-08-29 | by ( Joseph Wilkins | ) www.businessinsider.com time to read: +2 min

Vietnamese electric carmaker VinFast has seen its shares skyrocket since it went public on August 15. Its market capitalization now stands at over $190 billion – but some investors cannot hide their disbelief. Veteran short-seller Jim Chanos called the carmaker a "$200B meme-stock" in a post on X. Monday's close saw the market capitalization of the lossmaking EV firm hit an eye-watering $190 billion – more than Ford, General Motors, and Chrysler Stellantis combined. AdvertisementAdvertisementFor veteran short-seller Jim Chanos, however, the stock is being driven by a retail investor craze and little else.

Persons: Jim Chanos, Monday's, Drew Dickson, Dickson, VinFast, Le, Thuy Organizations: Service, Ford, General Motors, Chrysler Stellantis, Vanda Research, Bloomberg, Albert Bridge Capital, Toyota Locations: Wall, Silicon

☆ ‘I’ve had this black cloud looming over me’: How private lenders have left millions of college students with no hope for the future
▼ + stars: | 2023-08-21 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +15 min

We both do DoorDash, and probably when those federal student loans start up, it'll be more of a necessity to do that." While private debt makes up just about 10% of the $1.7 trillion student-debt mountain in the US — about $136 billion — the industry has exploded over the past decade: the amount of outstanding private debt has jumped an estimated 47% since 2014. "Regardless, the student loan debt that was supposed to be an investment in their futures is dragging them down." To be sure, some private servicers do disclose benefits private borrowers could lose should they choose to refinance. Moran said he didn't regret taking out private student loans because it allowed him to pursue his desired nursing career.

Persons: Brianne Jones, Jones, she's, We're, it'll, Michele Shepard, they've, it's, Shepard, Suzanne Martindale, —, Anna Anderson, you've, It's, Navient, Martindale, Ryan Moran, Moran, Moran isn't, Joe Biden, I've, Anderson, forbearance, Steve Cohen, didn't Organizations: Eastern Michigan University, West, Federal Direct Loan Program, Institute for College, California's Department of Financial Protection, National Consumer Law Center, Consumer Financial, Bureau, Consumer Financial Protection Bureau, — Maryland Locations: Florida, —, California

☆ Tourists lost their summer vacations. Maui’s locals lost everything
▼ + stars: | 2023-08-15 | by ( Catherine Thorbecke | ) edition.cnn.com time to read: +8 min

In an aerial view, homes and businesses are seen that were destroyed by a wildfire on August 11, 2023 in Lahaina, Hawaii. In an aerial view, homes and businesses are seen that were destroyed by a wildfire on August 11, 2023 in Lahaina, Hawaii. CNN Business Writer Catherine Thorbecke (center) with her late grandparents in Lahaina, Hawaii, circa 2013. People looking down to downtown Lahaina from Lahaina Bypass in Lahaina, Hawaii on August 13, 2023. A woman digs through rubble of a home destroyed by a wildfire on Friday, Aug. 11, 2023, in Lahaina, Hawaii.

Persons: Rick Avila, ”, –, ” Avila, Avila, Justin Sullivan, Mike Cicchino, “, Cicchino, Catherine Thorbecke, Josh Green’s, Mengshin Lin, ALICE, Rick Bowmer, it’s, ” Gionson, “ It’s Organizations: CNN, Lahaina, ”, Washington Post, “, Aloha United Way, Bank of Hawaii, Hawaii’s Department of Commerce, Consumer Affairs, Hawaii Tourism Authority Locations: Lahaina , Hawaii, Lahaina, Maui, Kingdom of Hawaii, Okinawa, Japan, Hawaii, Maui County, Las Vegas, Oahu, –

☆ A planet’s atmosphere is blasted away by a star and Hubble captures it
▼ + stars: | 2023-07-31 | by ( Ashley Strickland | ) edition.cnn.com time to read: +5 min

CNN —The Hubble Space Telescope captured an unexpected observation of a nearby planet that’s having its atmosphere blasted away by energetic outbursts from its star. As the planet is blasted by radiation, its atmosphere heats to the point that it escapes the planet’s gravity and puffs out into space. The planet gets hit with flares, X-rays and stellar wind, or a charged stream of particles released from the star. “This creates a really unconstrained and frankly, scary, stellar wind environment that’s impacting the planet’s atmosphere,” Rockcliffe said. Astronomers will conduct more follow-up observations of the system with Hubble to track how the planet changes in the future.

Persons: Hubble, NASA’s, “ We’ve, ”, Keighley Rockcliffe, “, ’, ” Rockliffe, ” Rockcliffe, Rockcliffe Organizations: CNN, Hubble, Spitzer, Telescope, Keighley, Dartmouth College Locations: Hanover , New Hampshire

☆ This credit card fee could cost shoppers $3 billion during record-breaking back-to-school season, merchants say
▼ + stars: | 2023-07-20 | by ( Jessica Dickler | ) www.cnbc.com time to read: +1 min

This year, consumers are spending more on back-to-school supplies — and coughing up more to cover a particular kind of credit card fee at the same time. Total back-to-school spending is expected to reach a record $41.5 billion with another $94 billion in college shopping, according to the National Retail Federation. Swipe fees — also known as interchange fees — have more than doubled over the past decade and jumped $22 billion to a record $160.7 billion last year. When the National Retail Federation first started tracking swipe fees collected by Visa and Mastercard in 2001, they amounted to roughly $20 billion. "They've made themselves an involuntary equity partner with every Main Street business," he added.

Persons: Doug Kantor, —, Kantor, They've Organizations: National Retail Federation, Visa, Mastercard, Merchants Payments Coalition, Finance, National Association of Convenience Stores, Bankers

☆ The Supreme Court justices paid an average of $42,539 to go to college. Today, they'd have to pay around $320,531.
▼ + stars: | 2023-06-30 | by ( Sarah Al-Arshani | ) www.businessinsider.com time to read: +6 min

The Supreme Court struck down Biden's student loan forgiveness plan. Student loan payments will likely resume in October. For the justices behind the decision, the cost of an undergraduate degree was much cheaper when they were in school. According to EDI, there was a 2,807% increase in the average student loan debt at graduation between 1970 and 2021 before adjusting for inflation. Student loan borrowers gathered at the Supreme Court today to tell the court that student loan relief is legal on January 2, 2023.

Persons: —, Joe Biden's, Biden, Clarence Thomas, Wally McNamee, Samuel Alito, Sonia Sotomayor, Elena Kagan, John Roberts, Ketanji Brown Jackson, Roberts, Jackson, Brett Kavanaugh, Neil Gorsuch, Amy Coney Barrett, Larry French, Thomas, Gorsuch Organizations: Service, Republicans, White, Education Data Initiative, The College of, Princeton University, Harvard, Yale, Columbia University, Rhodes College, Associated Press, AP

☆ Summer solstice celebrations and traditions around the world
▼ + stars: | 2023-06-21 | by ( Forrest Brown | ) edition.cnn.com time to read: +6 min

Summer solstice scienceThe sun sets behind the Oculus transit hub and One World Trade Center in New York City on the summer solstice in 2019. Gary Hershorn/Corbis/Getty ImagesIs summer solstice all over the world? How to celebrate summer solsticeWhat does Stonehenge have to do with the summer solstice? Petras Malukas/AFP/Getty ImagesWhat other cultural traditions surround the summer solstice? In India, the birthplace of the ancient practice of yoga, the summer solstice is traditionally celebrated with mass yoga sessions throughout the nation.

Persons: It’s, Ivan Kupala, Gary Hershorn, Hakon Mosvold Larsen, NTB, They’ll, ”, Taylor Ward, “, Petras Malukas Organizations: CNN, Northern, Trade, NASA, Heritage, Getty, United Nations Locations: England, Sweden, Eastern Europe, New York City, Chile, South Africa, Australia, Los Angeles, London, Tokyo, Earthsky.org, Quito, Oslo, Bjorvika, Norway, AFP, Helsinki, Finland, Fairbanks, Alaska, Earth, United States, Japan, Europe, Southwest England, Lithuania, Ukraine, India

☆ Why Starbucks' Pride decor ignited chaos and confusion this year
▼ + stars: | 2023-06-15 | by ( Gloria Dawson | Katie Hawkinson | ) www.businessinsider.com time to read: +7 min

Some Starbucks employees said they were asked to remove Pride flags and decor. #pridemonth #rainbowcapitalism #shameonstarbucks #starbucks #starbuckssucks #prideflag #pridedecor #starbucksbarista #starbucksstore #targetlgbtq #starbuckslgbtq ♬ Makeba - Jain @sbworkersunited STARBUCKS IS BANNING PRIDE FLAGS ACROSS THE US. Starbucks employees said they got mixed messages about Pride decorSome store employees told Insider they were given various rationales for changes in Pride decor at their stores. A Starbucks store manager in the Midwest said her district manager told her, "We are not allowed to have any decorations that are not Starbucks brand, period. "This year, they told us we can't decorate," Alisha Humphrey, a Starbucks partner in Oklahoma City and Starbucks Workers United organizer, told Insider.

Persons: —, they've, Damon Schnur, Alisha Humphrey, they'd, Elaine Thompson, We're, Gloria Dawson Organizations: Starbucks, Service, Twitter, US Pride, STARBUCKS, PRIDE, Starbucks Workers United, Midwest, Oklahoma Locations: Pride, Ohio, Wisconsin, Oklahoma City

☆ Yes, you should have children, even in the face of climate change!
▼ + stars: | 2023-06-03 | by ( Henry Blodget | ) www.businessinsider.com time to read: +4 min

A would-be parent asks whether it's selfish to have children today because the world's going to hell. "The Ethicist" (Kwame Anthony Appiah) provides a long, thoughtful response to this question that boils down to, "yes." And, therefore, it might be mean or selfish or irresponsible for would-be parents to bring children into the world. But more importantly, despite climate change, et al, the world actually isn't worse than it has ever been. So, yes, worried would-be parents, by all means have children.

Persons: —, Kwame Anthony Appiah, Kwame's, it's, Steven Pinker, we've, That's, maiming Organizations: Service, New York Times, Harvard University Locations: York

☆ Gen Z Fast Fashion, Live Shopping, Clothes Addiction Destroying Planet
▼ + stars: | 2023-05-17 | by ( Eve Upton-Clark | ) www.businessinsider.com time to read: +13 min

The Gen Z paradoxGen Z's economic power is growing faster than other generations, according to Bank of America. In the US, fashion is the preferred category for entertainment spending among Gen Z, outranking dining out, video games, and music. A 2021 McKinsey survey found that 42% of American Gen Zers said they didn't even know what makes clothes sustainable. In addition to pushing people to buy more clothes, the buy-now, think-later model of live shopping also encourages people to buy clothes that are worse for the planet. To solve that problem, she founded Viviene New York in 2022, a Gen Z-led marketing agency that helps sustainable brands connect with Gen Z audiences through social media.

☆ Astronomically high regional bank yields are safe (for now), Goldman Sachs says
▼ + stars: | 2023-05-09 | by ( Scott Schnipper | ) www.cnbc.com time to read: +1 min

And the list of regional banks with sky-high dividends goes on and on. But Goldman Sachs is out Monday with a note from analysts led by Ryan Nash saying that although regional banks as a group yield 6.5% — the most since the Global Financial Crisis of 2008-2009 — not to worry. Examining bank dividends and bank capital "suggests companies should be able to maintain their current payout: Dividend payouts totaled ~40% of EPS in 1Q23 and are expected to remain around those levels for the remainder of 2023 (~39%) and 2024 (~41%) by consensus," Goldman said. KEY (~53%) and TFC (46%) screen as having the highest payouts," as a percentage of earnings in 2023, the investment bank said. Capital One (~24), M & T Bank (~29%) and Zions Bancorp (30%) have among the lowest payout ratios.

☆ Webb telescope captures glowing starburst as galaxies collide
▼ + stars: | 2023-04-17 | by ( Ashley Strickland | ) edition.cnn.com time to read: +2 min

CNN —A brilliant starburst feature shines in the latest image taken by the James Webb Space Telescope. The space observatory captured a bright burst of star formation triggered by two spiral galaxies crashing into one another. The colliding galaxies, known collectively as Arp 220, generated an infrared glow that contains the light of more than 1 trillion suns. This brilliant luminosity creates the diffraction spikes, or starburst feature witnessed by Webb. The new Webb image also reveals tails, or material streaming away from the galaxies due to gravity, in blue, to indicate activity as the galaxies continue to collide.

☆ These 9 cars under $15,000 are your best bet for a deal as used vehicles remain astronomically expensive
▼ + stars: | 2023-04-04 | by ( Tim Levin | ) www.businessinsider.com time to read: 1 min

So it's more important than ever to shop smart. If you're paying an arm and a leg for a secondhand car, truck, or SUV, you better make sure it will last and perform reliably. A used car lot is shown Friday, June 10, 2022, in Salt Lake City. Rick Bowmer/AP Photo

☆ Grocery prices: Eggs are finally getting cheaper in the grocery store
▼ + stars: | 2023-03-14 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +3 min

New York CNN —Grocery prices rose slightly last month, but eggs are finally getting cheaper in the supermarket. In February, egg prices fell 6.7% compared to January, according to seasonally adjusted data released Tuesday by the Bureau of Labor Statistics. In the 12 months through February, egg prices rose 55.4%. The difference was even more pronounced when looking just at grocery prices, which rose 10.2%. Menu prices, which also factor into overall food inflation, rose 8.4% throughout the year.

☆ The Supreme Court justices deciding whether to axe Biden's student loan relief program paid an average of $42,539 to go to college. Today, they'd have to pay around $320,531.
▼ + stars: | 2023-03-01 | by ( Sarah Al-Arshani | ) www.businessinsider.com time to read: +8 min

The Supreme Court heard oral arguments for Biden's student debt relief on Tuesday. The cost of getting an undergraduate degree was significantly cheaper when they graduated than now. When Roberts graduated in 1979, it cost $21,400; in 1992 when Jackson earned her undergraduate degree, it would have cost $75,360. When Roberts graduated in 1979, it cost $21,400; in 1992 when Jackson earned her undergraduate degree, it would have cost $75,360. Student loan borrowers gathered at the Supreme Court today to tell the court that student loan relief is legal on January 2, 2023.

☆ 'Business is very good, unfortunately': Arms fair spotlights bonanza year ahead for weapons companies
▼ + stars: | 2023-02-24 | by ( Natasha Turak | ) www.cnbc.com time to read: +8 min

Mohammed Zarandah | Anadolu Agency | Getty ImagesFew things illustrate the health of the arms industry like a massive defense fair. Indeed, many countries are ramping up their defense spending to unprecedented levels. On top of that, U.S. military spending on Ukraine alone hit nearly $50 billion in the last year. China and Saudi Arabia also set respective records for their own governments' defense spending in 2022, despite inflation, giving no indications of slowing down. France's Caesar self-propelled guns, which have been highly effective in battle for the Ukrainian military, normally take two years to make; the government aims to cut that time in half.

☆ YouTube creators testing its new song-licensing feature are feeling sticker shock from prices as high as $18,000
▼ + stars: | 2023-02-16 | by ( Dan Whateley | Amanda Perelli | ) www.businessinsider.com time to read: +7 min

Some Creator Music licenses have a set price, while others have custom pricing based on a channel's size. Prices for a song license in Creator Music can vary widely based on a creator's subscriber count. Music rights holders regularly crack down on brands that use songs in social-media posts without paying for a license. YouTube has gradually introduced features over the past decade-and-a-half to compensate music rights' holders on its platform. The company is also setting aside revenue for music rights holders as it introduces revenue-sharing on Shorts this month.

☆ YouTube creators testing its new song-licensing feature are feeling sticker shock from prices as high as $1,000
▼ + stars: | 2023-02-15 | by ( Dan Whateley | Amanda Perelli | ) www.businessinsider.com time to read: +6 min

Some Creator Music licenses have a set price, while others have custom pricing based on a channel's size. Prices for a song license in Creator Music can vary widely based on a creator's subscriber count. YouTube has gradually introduced features over the past decade-and-a-half to compensate music rights' holders on its platform. In 2015, it built a standalone music-streaming service called YouTube Music. The company is also setting aside revenue for music rights holders as it introduces revenue-sharing on Shorts this month.

☆ How to earn, redeem, and maximize Hilton Honors rewards points — from luxurious Conrad resorts to family-friendly Hampton Inns, there are options for every traveler
▼ + stars: | 2023-02-10 | by ( Carissa Rawson | Freelance Writer | Read More | ) www.businessinsider.com time to read: +44 min

How to earn Hilton rewards pointsHilton has two main categories of points: bonus points, which help you earn rewards via special promotions, and elite-qualifying base points. You can do so at the following ratios:HawaiianMiles : 1 HawaiianMile = 1.5 Hilton Honors points: 1 HawaiianMile = 1.5 Hilton Honors points Virgin Atlantic Flying Club: 1 Virgin Atlantic point = 1.5 Hilton Honors pointsEarn Hilton points through your elite statusJoining Hilton Honors can be especially lucrative if you're on the road often. Finally, Lyft and Hilton have teamed up to offer 3x Hilton Honors points on Lyft rides, or 2x Hilton points for shared Lyft rides. Redeem Hilton Honors points for event creditsIt's also possible to redeem your points for events at a Hilton, though this isn't generally considered a good way to maximize your Hilton points value. Here's how much the credits cost:25,000 points = $5050,000 points = $10075,000 points = $150125,000 points = $250250,000 points = $500Exchange Hilton points for airline milesIf you'd rather have airline or rail points, you have the option to transfer Hilton points to partner airlines, though redemption rates vary.

☆ Rare cosmic collision acted like one of the ‘factories of gold’ in the universe
▼ + stars: | 2022-12-08 | by ( Ashley Strickland | ) edition.cnn.com time to read: +5 min

The gamma-ray burst, called GRB 211211A, lasted about a minute. Gamma-ray bursts are considered among the strongest and brightest explosions in the universe, and they can range from a few milliseconds to several hours in length. An artist's illustration of GRB 211211A shows the kilonova and gamma-ray burst (right) and ejected material from the explosion (left). After determining that a kilonova created the infrared light, astronomers grew even more puzzled by the gamma-ray burst’s duration. Gamma-ray bursts caused by these rare explosions have only ever been observed to last less than two seconds, but this signal lasted for at least one minute.

☆ Chinese protesters are reacting to a broken social contract
▼ + stars: | 2022-12-01 | by ( Diana Fu | Diana Fu Is Associate Professor Of Chinese Politics At The University Of Toronto | Non-Resident Fellow At The Brookings Institution. She Is Author Of The Book | ) www.nbcnews.com time to read: +6 min

However, a deeper cause for this unrest is that the protesters are responding to a broken social contract between the Chinese Communist Party and the people. Despite swift censorship, a Chinese social media post referencing the incident had been viewed 180,000 times before it was deleted. With 20% youth unemployment, businesses closing, migrant workers left homeless and preventable deaths mounting, some Chinese citizens are withdrawing their consent to be ruled. Chinese protesters normally avoid such rhetoric, preferring to stick to bread-and-butter economic or local issues, which are more likely to yield concessions. It is significant that this time, Chinese protesters are borrowing a tactic from Hong Kong protesters in 2020 — holding up pieces of blank paper.

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