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☆ Palestinian homes were destroyed ‘for revenge,’ says Israeli soldier who served in Gaza
▼ + stars: | 2024-08-01 | by ( Ami Kaufman | Bianna Golodryga | ) edition.cnn.com time to read: +12 min

At least 1,200 people were killed, and more than 250 others abducted in the assault, according to Israeli authorities. Israeli military action in the strip has killed nearly 40,000 Palestinians and injured over 90,000, according to Gaza’s Ministry of Health. A view of destruction in Khan Younis, in southern Gaza, on December 17, 2023, after weeks of Israeli bombardment. Mahmud Hams/AFP/Getty Images/File‘We don’t care enough’ about Palestinian livesThe war in Gaza has caused widespread material destruction to homes, infrastructure, hospitals and schools. “We’ve seen a lot of destruction that was not necessarily related to military reasons.

Persons: Yuval Green, Green, –, I’m, ” Green, …, ’ Green, Khan Younis, ”, “, Khan Younis …, We’re, Mahmud Hams, “ We’ve, Ahmad Hasaballah, ” “, ‘ I’m, Israel’s, Menahem Kahana, I’ve, Organizations: CNN, Israel Defense Forces, Hamas, Gaza’s Ministry of Health, United Nations, West Bank, Getty, IDF, ” CNN, Military, Investigation Locations: Gaza, Israel, Israeli, Khan, AFP, “, Rafah, Palestine

☆ 6 places across the U.S. that will pay you thousands of dollars to move there
▼ + stars: | 2024-07-31 | by ( Celia Fernandez | ) www.cnbc.com time to read: +5 min

And when the covid-19 pandemic sparked the rise of remote work, it caused many workers to second-guess living in a major metropolis like New York and San Francisco. In the first year, new residents will receive $10,000 paid in monthly installments, and the final $2,000 will be issued at the end of the resident's second year living in West Virginia. To be eligible for the Ascend West Virginia program, applicants must work remotely, have the ability to work remotely in a business based outside of West Virginia or be self-employed outside of the state. Tulsa, OklahomaProgram name: Tulsa Remote Incentive: $10,000 in rental grants or a lump sum after the purchase of a qualifying home and a three-year membership to a local co-working space. Once you're approved, Tulsa Remote will have to verify you've signed a qualifying lease or purchased a qualifying home.

Persons: Vicki Salemi, Salemi, you've Organizations: CNBC, Getty, West Virginia, Rochester , New York, Tulsa, GO, U.S Locations: U.S, New York, San Francisco, Tulsa , Oklahoma, Virginia, West Virginia, New, George, Greenbrier Valley, Morgantown, Eastern Panhandle, Greater Elkins, Rochester ,, Greater, Rochester, Tulsa, United States, Oklahoma, . Topeka , Kansas, Topeka, GO Topeka, Shoals, Alabama, Colbert, Lauderdale, Illinois

☆ Washington, D.C., attorney general sues StubHub, alleging deceptive pricing
▼ + stars: | 2024-07-31 | by ( Jessica Golden | ) www.cnbc.com time to read: +3 min

Washington, D.C., Attorney General Brian Schwalb sued the online ticket exchange platform StubHub on Wednesday, alleging deceptive and unfair pricing. The lawsuit claims StubHub uses deceptive advertising of low ticket prices to lure consumers who pay vastly more after an arduous checkout process. "This is no accident — StubHub intentionally hides the true price to boost profits at its customers' expense," Schwalb said in a statement. In its lawsuit, the attorney general's office said that from 2014 to 2015, StubHub used "all-in pricing," in which the advertised price included mandatory fees. The complaint alleged that StubHub did a testing period where it randomly assigned consumers to one of the two models.

Persons: Brian Schwalb, Schwalb, StubHub, Eric Baker, Viagogo Organizations: San Francisco . Washington , D.C, Labor, of Columbia, Washington , D.C, eBay Locations: San Francisco . Washington ,, Washington ,

☆ Buy this 'cheap' REIT — it's set to offer a yield of nearly 7%, Morningstar says
▼ + stars: | 2024-07-30 | by ( Weizhen Tan | ) www.cnbc.com time to read: +4 min

It's commonly believed that assets related to real estate, such as REITs, benefit from lower interest rates. A lower interest rate environment also increases the attractiveness of this investment in terms of the higher rental income yield offered by real estate. The rate of office use is set to increase over time , which will in turn lead to a recovery in office real estate demand, he said. "A focus on technology and life sciences market clusters should benefit Kilroy in the long run as we expect buoyant growth in these areas. "The remote work dynamic is probably the biggest source of uncertainty for the office real estate industry.

Persons: Morningstar, Suryansh Sharma, Morningstar's, Dave Sekera, Kilroy, Sharma, Sekera Organizations: U.S . Federal, Kilroy Realty, Morningstar, Apple Locations: REITs, U.S

☆ Here's how much apartment space $1,500 a month can get you in 20 major U.S. cities
▼ + stars: | 2024-07-30 | by ( Celia Fernandez | ) www.cnbc.com time to read: +1 min

The apartment search website set out to determine how much apartment space renters across the United States can get for just $1,500 a month. The report found that more than half of the top 20 major cities offering the most space for that amount are in the Southeast and Southwest. Renters in major coastal cities like New York and Boston are sacrificing square footage and shelling out equal amounts in monthly rent, data shows. Texas has three locations where renters can get the most space for just $1,500— Lubbock, El Paso and Corpus Christi. Major cities in California top the list of places that offer the least amount of space for $1,500.

Organizations: Corpus Christi Locations: United States, Southeast, New York, Boston, Wichita , Kansas, Manhattan , New York City, Texas, Lubbock, El Paso, Corpus, California

☆ Asia's governments seem to think declining birth rates have to do just with dating and sex. That's not the full story.
▼ + stars: | 2024-07-29 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +9 min

AdvertisementDeclining birth rates have been a huge bugbear for Asian countries like Japan and South Korea. Vanessa LeeLee, who owns two dogs and a cat, said that governments may be overestimating the effectiveness of one-off interventions in bolstering birth rates. AdvertisementShe added that a shift in societal mindsets toward work and family needs to occur for her peers to consider having children. But it also doesn't guarantee that having sex brings children and that not having sex is the only reason why people are not having children," Gietel-Basten said. Low birth rates, according to HKUST's Gietel-Basten, are a "barometer of the challenges in society" and should thus be seen as "symptoms of problems in a society."

Persons: —, Vanessa Lee, Lee, Elon Musk, Paulin Straughan, Poh Lin Tan, Tan, Jonas Hue, Vanessa Lee Lee, It's, Emily Huang, Stuart Gietel, Basten, SMU's Straughan, Straughan, HKUST's, we're Organizations: Service, Business, Internal, Ministry, Asahi Shimbun, South, Singapore Management University, Singapore's Institute of Policy, Nordic, Hong Kong University of Science, Technology Locations: Singapore, Japan, South Korea, Korea, Tokyo, Seoul, Sweden, Finland, Hong Kong, Basten

☆ These are the 10 best rental markets in America based on affordability, job opportunities and more
▼ + stars: | 2024-07-29 | by ( Celia Fernandez | ) www.cnbc.com time to read: +4 min

1 rental market in America: Austin, TexasAustin in the Austin-Round Rock, Texas metro area ranked as the top rental market, according to Realtor.com. 10 best rental markets in AmericaAustin, Texas Oklahoma City, Okla. Birmingham, Ala. San Antonio, Texas Minneapolis, Minn. Sandy Springs, Ga. Nashville, Tenn. Kansas City, Kan. Raleigh, N.C. Norfolk, Va. Oklahoma City is the No. The Oklahoma capital had a rent-to-income ratio of 17.7%, making it the most affordable rental market among the top 10. Oklahoma City is also one of the best cities for new college graduates, according to a June Zumper report. Oklahoma City, Oklahoma Marcus Elwell | Moment | Getty Images

Persons: Realtor.com, didn't, Austin , Texas Austin, Austin, Oklahoma City , Oklahoma Marcus Elwell Organizations: Midwest . Cities, Austin, Getty, U.S, San Francisco and New, Google, Apple, America Austin , Texas Oklahoma City, Va . Oklahoma City, Oklahoma, Oklahoma City, . Census Bureau Locations: United States, Cities, Northeast, Northwest, New York City, Los Angeles, South, Midwest, Austin , Texas, Nashville , Tennessee, America, Austin, , Texas, Austin , TX, San Francisco and, San Francisco and New York City, The Texas, WalletHub, America Austin , Texas Oklahoma, Okla, Birmingham, Ala, San Antonio , Texas Minneapolis, Minn, Sandy Springs, Ga, Nashville, Tenn . Kansas City, Kan . Raleigh, N.C . Norfolk, Va . Oklahoma, U.S, Oklahoma, Oklahoma City, Oklahoma City , Oklahoma

☆ The South's economic boom is masking a harsher reality. It still has several of the poorest states in the nation.
▼ + stars: | 2024-07-27 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +7 min

In June, the financial services company WalletHub ranked the 50 states and DC across three categories: economic activity, economic health, and innovation potential. The Economic Policy Institute pointed to low minimum wages and unionization rates in Southern states as two factors keeping pay down. Of course, workers in some Southern states earn less than others. Using US Bureau of Economic Analysis and Bureau of Labor Statistics data, the analysis highlighted the average annual wages across US states as of 2022. Only two Southern states — Louisiana and West Virginia — were among the eight US states that saw their populations decline between 2022 and 2023.

Persons: —, Jacob Funk Kirkegaard, Chandra Childers, it's, West Virginia — Organizations: Service, West Virginia —, of Columbia, WalletHub, Business, South :, Workers, Economic Policy Institute, Southern, Economic, Economic Innovation, Peterson Institute for International Economics, of, of Labor Statistics, Institute, Texans, Dallas Fed Locations: Southern, Delaware , Maryland, Virginia, West, South, South : Mississippi, West Virginia , Arkansas , Louisiana, Kentucky, West Virginia , Arkansas , Alabama, South Carolina, Houston, Dallas, Miami, Nashville, Midwest, Mississippi, Hawaii, Texas, North Carolina, Georgia, South : Texas, Florida, North Carolina , Georgia, Tennessee, — Louisiana, West Virginia

☆ Jasper wildfire burns structures in a town in the Canadian Rockies’ largest national park
▼ + stars: | 2024-07-25 | by ( Associated Press | ) edition.cnn.com time to read: +5 min

GRAND PRAIRIE, Alberta AP —One of two raging wildfires menacing the town of Jasper in the Canadian Rockies’ largest national park roared into town Wednesday and began burning buildings. Jasper National Park officials said the fire entered the southern edge of the community Wednesday evening and crews were battling multiple structural fires and working to protect key infrastructure. Forest firefighters and others without self-contained breathing apparatuses were told to evacuate to the nearby town of Hinton, with structural firefighters staying behind. Searchers looking through the backcountry trails of Jasper National Park already had picked up 245 people, and they continued the search Wednesday in two helicopters, Ellsworth said. Residents and visitors streamed out by the thousands late Monday and Tuesday, and officials said Wednesday the evacuation of the town of Jasper was complete.

Persons: James Eastham, “, ”, Jasper, –, Justin Trudeau, Danielle Smith, Katie Ellsworth, Carolyn Campbell, perimeters, Ellsworth, Crews, Marilyn Monroe, wasn’t, Leanne Maeva Joyeuse, “ We’re, ” Joyeuse Organizations: PRAIRIE , Alberta AP, Canadian Rockies, Jasper National, Parks Canada, Pipeline, Jasper National Park, Canadian Press, United Nations, Hollywood, Residents Locations: PRAIRIE , Alberta, Jasper, Hinton, Alberta, Canada, Jasper , Alberta, ” Jasper

☆ The 7 most renter-friendly big cities in the US
▼ + stars: | 2024-07-25 | by ( Madison Hoff | ) www.businessinsider.com time to read: +1 min

Raleigh, North Carolina, was the most renter-friendly among 98 cities analyzed by ApartmentAdvisor. AdvertisementAmid peak rental season, some cities are better suited than others for renters thinking about their next move. Raleigh, North Carolina, took the top spot on ApartmentAdvisor's list of the "The Most Renter-Friendly U.S. Cities in 2024." "We pretty much knew from other studies we've done that rent prices alone wouldn't be the only factor that would make a city renter-friendly," Lilly Milman, editor at ApartmentAdvisor, told Business Insider. This story is available exclusively to Business Insider subscribers.

Persons: ApartmentAdvisor, —, Lilly Milman Organizations: Service, Friendly U.S, Cities, Business Locations: Raleigh, North Carolina, Cedar Rapids , Iowa, Raleigh , North Carolina

☆ The 10 most underrated U.S. cities to buy a home—the top 5 have median prices less than $300,000
▼ + stars: | 2024-07-24 | by ( Jade Thomas | ) www.cnbc.com time to read: +1 min

If you want to experience city living but your house hunt has been less than fruitful, you might be overlooking some underrated cities to buy a home in the United States. The most underrated city for homebuyers doesn't fall on one of the coasts, but instead in northern Alabama, according to a recent LendingTree report. Huntsville, Alabama, topped the ranking of best overlooked metro areas for homeownership, which evaluated a range of factors, including median home value, homeownership rate and median annual property taxes. It has a high median home value compared with the other cities on the list, but it has the fourth-lowest property taxes. Here are the 10 most underrated cities to buy a home in the U.S., according to LendingTree.

Organizations: Huntsville Locations: United States, homebuyers, Alabama, Huntsville , Alabama, Huntsville, Indiana, West Virginia, U.S

☆ The Solution for High Rents and Home Prices: Fewer Stairs
▼ + stars: | 2024-07-24 | by ( James Rodriguez | ) www.businessinsider.com time to read: +12 min

More specifically, they're taking aim at a widespread rule that requires almost every new apartment building in the US to include at least two separate stairwells. This part of local codes, they say, is an outdated safety measure that really just makes apartment units smaller, more expensive, and darker (yes, darker). City planners there sometimes call these single-stair buildings "Seattle Specials" — they simply wouldn't be possible in pretty much any other city. Almost all of Europe, as well as Asia, Mexico and South America, allows single-stair buildings of six stories or higher. Germany allows single-stair buildings to stretch to about 20 stories, while Switzerland has no such limit.

Persons: Chris Gannon, Gannon, Stephen Smith, Michael Eliason, Eliason, James F, Brian Court, We're, Sean Jursnick, Jursnick Organizations: City Council, Center for, Housel, Miller Hull Partnership, Eliason, City, Fire Protection Association Locations: Texas, Austin, Seattle, New York City, America, California, Minnesota, Washington and Oregon, North America, It's, Union, Seattle's, Hill, Denver, Europe, Asia, Mexico, South America, Germany, Switzerland, Honolulu, California , Oregon, Washington

☆ Americans are flocking to Texas: 9 of the 10 fastest-growing U.S. cities are there
▼ + stars: | 2024-07-23 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +2 min

And between 2020 and 2023, that seems to have been true of population growth. Celina, Texas, a city about 40 miles north of Dallas, earned the top spot as its population grew by more than 143% between 2020 and 2023. But it's the only Texas city among the 10 U.S. cities and towns that saw the biggest population drops between 2020 and 2023. The state's population has been growing steadily and faster than nearly any other state since 2000, the Census Bureau reports. Despite its position along the Southern border, domestic migration has played a slightly larger role than international migration in Texas' population growth, the agency finds.

Organizations: Lone Star State, Census, CNBC Locations: U.S, Celina , Texas, Dallas, Celina, Fulshear , Texas, Houston, Spring , Texas, Texas, South, . California, Francisco

☆ The salary you need to be considered middle class in the 25 largest U.S. cities—it can be over $250,000 in San Francisco
▼ + stars: | 2024-07-22 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +1 min

A middle class lifestyle can look different depending on where you are. In the San Francisco area, an annual income of $250,000 would classify your household as middle earners, based on 2022 Census Bureau American Community Survey data. That means middle class households there earn between $85,434 and $256,302 a year. Median household incomes in each of these areas are over $100,000 a year. Here are the ranges of middle class incomes in the 25 biggest U.S. metros:

Organizations: American, Survey, D.C, U.S, metros Locations: San Francisco, Oakland, Berkeley , California, U.S, Washington, Seattle, Boston

Emergency call systems in at least three states were hit by the widespread CrowdStrike technology outage, although most major U.S. cities avoided problems overnight. In Oregon, some 911 centers, hospitals, airports, and public safety and emergency management agencies had major effects, said Erin Zysett, a spokeswoman for the Oregon Department of Emergency Management. teams are working very fast to apply the fixes that CrowdStrike has provided, and those impacts are being mitigated quickly,” she said, adding that statewide alert systems and public safety incident tracking systems were mostly unaffected. Emergency dispatchers in Portland, Ore., were forced to work without the help of crucial computer systems for several hours and had to work “manually,” Mila Mimica, a city spokeswoman, said in a statement. As of 6 a.m., however, the computer systems were back to working normally.

Persons: Erin Zysett, ”, ” Mila Mimica Organizations: Oregon Department of Emergency Management Locations: U.S, Oregon, Portland ,

☆ We Mapped Heat in 3 U.S. Cities. Some Sidewalks Were Over 130 Degrees.
▼ + stars: | 2024-07-17 | by ( Raymond Zhong | Mira Rojanasakul | ) www.nytimes.com time to read: +9 min

Just consider this image, captured recently by satellite, of surface temperatures across Phoenix. On the city’s desert fringes, in territory governed by Native American nations, the land was even hotter, 150 degrees or more. Surface temperatures are just one of many factors that cities are thinking about as they try to protect residents from extreme heat, said Ladd Keith, an associate professor in the School of Landscape Architecture and Planning at the University of Arizona. Sacramento July 11, 2024 LAND SURFACE TEMPERATURES 120˚F 130˚F 140˚F 150˚F Sacramento July 11, 2024 LAND SURFACE TEMPERATURES 120˚F 130˚F 140˚F 150˚F Sacramento July 11, 2024 LAND SURFACE TEMPERATURES 120˚F 130˚F 140˚F 150˚F Sacramento, Calif. July 11, 2024 LAND SURFACE TEMPERATURES 120˚F 130˚F 140˚F 150˚FCitrus Heights AIRPORT North Highlands AIRPORT Aden-Arcade Rancho Cordova Sacramento AIRPORT AIRPORT Florin 2 miles Citrus Heights AIRPORT North Highlands AIRPORT Rancho Cordova Sacramento AIRPORT AIRPORT 2 miles AIRPORT Citrus Heights North Highlands AIRPORT Rancho Cordova Sacramento AIRPORT AIRPORT 2 miles Florin AIRPORT Citrus Heights AIRPORT Rancho Cordova Sacramento AIRPORT AIRPORT 2 miles AIRPORT AIRPORT Sacramento AIRPORT AIRPORT 2 miles Sacramento 2 miles Sacramento 2 miles Sources: U.S.G.S. In Portland, Ore., tree-filled areas like Forest Park, on the city’s west side, provided oases of cool last week.

Persons: Kevin Foster, Ladd Keith, Keith, ” Dr, ”, Victoria Vasquez, Vasquez, Vivek Shandas, Shandas, “ Organizations: U.S . Cities, Phoenix, Arizona Burn, of Landscape Architecture, University of Arizona, Sacramento, Arcade, Cordova Sacramento, AIRPORT Florin, Sacramento AIRPORT, Florin, AIRPORT, United States Forest Service, Park, Park Gresham, Portland State University Locations: U.S, Phoenix, MCDOWELL YAVAPAI, MARICOPA, Glendale, FORT MCDOWELL YAVAPAI, Maricopa County, Sacramento, Calif, Citrus, Aden, Citrus Heights, California, Portland, Ore, Vancouver, Wash, Park Portland, Gresham, Powell, Park Lake Oswego, Park Gresham Portland, Beaverton Lake Oswego, Gresham Beaverton, Oswego Vancouver, Gresham Beaverton Lake Oswego, Forest Park Portland, Multnomah County, Oregon, Washington

Does President Biden realize how angry some voters in Michigan are — specifically, Arab Americans? Opinion Video traveled to Dearborn to understand voter sentiment in a population that has the power to sway the election. Michigan has over 200,000 registered voters who are Muslim — enough to swing the state. (Biden won Michigan by 154,000 votes in 2020.) Just finding a pro-Biden Arab American voter in Dearborn is not an easy task.

Persons: Biden, ”, Wissam Charafeddine Organizations: Michigan, Biden Arab Locations: Michigan, Dearborn, Detroit, U.S

☆ Opinion: We built our world for a climate that no longer exists
▼ + stars: | 2024-07-12 | by ( Opinion Jeff Goodell | ) edition.cnn.com time to read: +7 min

But it’s evidence of one of the central truths of our time, and one that is becoming more and more apparent every day: We have built our world for a climate that no longer exists. But less than two months earlier, a sudden windstorm in the city blacked out electricity for more than a million people. How many blackouts will it take before we realize today’s power grid was built for yesterday’s climate? One clear example: the incredible decline in the cost of renewable power in recent years. In virtually every part of the world, electricity generated by renewable power is cheaper than electricity generated by fossil fuels.

Persons: Jeff Goodell, Read, – wouldn’t, Firefighters, Hurricane Beryl, Ethan Swope, I’ve, Andreas Solaro, –, ”, Rafiq Maqbool Organizations: CNN, Big Oil, Hurricane, AP, Nature Medicine, Big, Toyota, GM, Kodak, Getty Locations: Manhattan, New York City, Houston, Big, Oroville , California, California, Palm Springs, London, Paris, Madrid, Europe, Phoenix, Saudi Arabia, Rome's, AFP, Texas, Mecca

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSinking land could cost some U.S. homeowners 8.1% of their home valueThe land below many U.S. cities is sinking. Known as land subsidence, this natural and man-made phenomenon can have a direct effect on home values and put critical infrastructure such as railroads and airports in danger. Luckily, some land subsidence can be reversed. "It's not cheap and it's not easy. But we have tools in our toolbox that can implement that and see the results in … months or years," said Manoochehr Shirzaei, professor of geophysics and remote sensing at Virginia Tech.

Persons: Manoochehr Shirzaei Organizations: Virginia Tech Locations: U.S

☆ Here's the median salary in the 25 biggest U.S. cities—see how you compare
▼ + stars: | 2024-07-11 | by ( Mike Winters | ) www.cnbc.com time to read: +2 min

The median household income is over $100,000 in six cities, four of which are in California, according to a new analysis by GoBankingRates. In 2024, the median annual household income is estimated to be $78,171, according to data consulting firm Motio Research. In Detroit — which is ranked 30th in population size — the median income is $40,574. The wealthiest cities also tend to offer a high number of well-paying jobs in technology, finance, entertainment or health-care industries. Below are the median household incomes for the 25 most populous U.S. cities, ranked from highest to lowest.

Organizations: Seattle, Boston, Motio Research, Detroit Locations: California, San Francisco, Francisco, Jose , California, Washington, Diego, Oakland, Virginia Beach , Virginia, Austin , Texas, Portland , Oregon, U.S, New York

☆ U.S. cities are sinking. Here's what that means for homeowners
▼ + stars: | 2024-07-11 | by ( Lindsey Jacobson | In | ) www.cnbc.com time to read: +1 min

The land below many U.S. cities is sinking, including New Orleans, New York City, Miami and south San Francisco. This phenomenon, known as land subsidence, can severely affect the integrity of buildings and infrastructure. Problems associated with land subsidence can cost U.S. homeowners 6% of their home value. Their research focused on the Central Valley of California, but Nemati said the findings could be extrapolated nationwide. Consumers are likely to see the effect of land subsidence directly, in the form of problems with their home, and indirectly, in the form of issues for their local economy.

Persons: Mehdi Nemati, Nemati Organizations: University of California, Finance Locations: U.S, New Orleans , New York City, Miami, San Francisco, Riverside, Valley of California

☆ From Atlanta to San Francisco: These are the 10 best U.S. cities to live in based on culture, education, infrastructure and more
▼ + stars: | 2024-06-30 | by ( Celia Fernandez | ) www.cnbc.com time to read: +2 min

The Economist Intelligence Unit Global Liveability Index ranked the best cities to live in the U.S. for 2024. For the third year in a row, Vienna, Austria, ranked as the world's best city to live. The Hawaii city landed in the top spot because of its high scores in education, infrastructure, and stability compared to other U.S. cities. The 10 best cities to live in the U.S.Honolulu, Hawaii Atlanta, Ga. Pittsburgh, Penn. 29 on the global list, ahead of other major U.S. cities like New York, L.A., and San Francisco.

Organizations: Economist Intelligence, Economist Intelligence Unit, Health, U.S, Los Angeles, Honolulu, Swiet, CNBC, U.S ., Wash . Washington D.C, Ill Locations: U.S, Vienna, Austria, America , New York, Los, Honolulu, Hawaii, America's, States, U.S . Honolulu, Hawaii Atlanta, Ga, Pittsburgh, Penn, Seattle, Wash . Washington, Chicago, Boston, Mass, Miami, Fla, San Francisco, Calif . Minneapolis, Minn, Atlanta , Georgia, New York

☆ Move over, remote jobs. CEOs say borderless talent is the future of tech work
▼ + stars: | 2024-06-30 | by ( Rachel Curry | ) www.cnbc.com time to read: +6 min

Borderless tech hiring has doubled in the last three years, according to Gartner's 2023 CEO Survey. By 2022, the tech talent workforce in cities like Beijing and Delhi far outweighed that of U.S. powerhouses like San Francisco and New York, reports CBRE Global Tech Talent Guidebook 2024. The report cites burgeoning tech talent markets like Bucharest, Romania; Cape Town, South Africa; Cebu City, Philippines; Nairobi, Kenya and more. Pockets of talent worldwideAdam Jackson, CEO of decentralized tech talent platform Braintrust, does borderless differently. Caplan relishes in the more altruistic potential of borderless employment, namely its ability to "lift up communities around the globe."

Persons: Jeremy Johnson, Goldman Sachs, Johnson, John Caplan, Adam Jackson, Jackson, That's, synchronously, Caplan, Caplan relishes Organizations: CBRE Global Tech, Global, NASA, Deel's Locations: Beijing, Delhi, U.S, San Francisco and New York, Bucharest, Romania, Cape Town , South Africa, Cebu City, Philippines, Nairobi, Kenya, Braintrust, San Francisco, Silicon Valley, Europe, Africa, America

☆ The 10 U.S. places with the highest cost of living—No. 1 costs more than double the national average
▼ + stars: | 2024-06-29 | by ( Mike Winters | ) www.cnbc.com time to read: +3 min

The cost of living in Manhattan is more than twice the national average. The second- and third-most expensive places are Honolulu and San Jose, California, but in comparison, they are much more affordable. That's according to the Council for Community and Economic Research's Cost of Living Index, which measures regional price differences for everyday goods and services in 271 urban areas in the U.S. A composite score of 100 is the national average, and any score higher than 100 is above average. Data for the Cost of Living Index was collected from Jan. 1, 2024, through March 31, 2024.

Persons: isn't, That's Organizations: —, Council for Community, U.S, New, Angeles, CNBC Locations: New York, Manhattan, U.S, Honolulu, San Jose , California, Jose, Jose , California, Francisco, York, Brooklyn, Orange County , California, Long, Queens, Washington, Boston, New York City, Decatur , Illinois

☆ Here's where U.S. rents are rising — and falling — the fastest
▼ + stars: | 2024-06-26 | by ( Greg Iacurci | ) www.cnbc.com time to read: +4 min

Zumper analyzed median asking rents for apartment listings in the largest 100 U.S. cities by population. Rents have also risen by at least 10% for both one- and two-bedroom apartments in other major metros: Lincoln, Nebraska; Chicago; Buffalo, New York; Madison, Wisconsin; Rochester, New York; and New York City, according to Zumper. What causes rent inflationAt a high level, rent inflation is guided by supply-and-demand dynamics, said Crystal Chen, an analyst who authored the Zumper analysis. Basically, areas with fast-growing rents are seeing demand outstrip the supply of available apartments, while those with falling rents have seen their apartment inventories growing. Rent inflation has fallen substantiallyRent inflation plummeted in the early days of the Covid-19 pandemic.

Persons: Jamie Kelter Davis, Zumper, Crystal Chen, Eric Adams, Fitch, Chen Organizations: Bloomberg, Getty, New, New York City Department of Housing Preservation, Development, Finance, York City Locations: Chicago, U.S, Syracuse , New York, Lincoln , Nebraska, Buffalo , New York, Madison , Wisconsin, Rochester , New York, New York City, Oakland , California, Memphis, Chattanooga , Tennessee, Cincinnati , Ohio, Colorado Springs , Colorado, Irving , Texas, Jacksonville , Florida, Raleigh, Greensboro, Durham , North Carolina, New York, Akron , Ohio, Wichita , Kansas, York

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