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☆ Many Americans say they won't give up travel in tough economic times. Here's how they're saving on road trips.
▼ + stars: | 2024-09-02 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +1 min

Consumers can cut costs by choosing cheaper hotels, taking shorter trips, and planning ahead. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . "They're just looking for ways to make it more affordable, or at least reduce the costs," he told Business Insider. This story is available exclusively to Business Insider subscribers.

Persons: —, Rod Griffin Organizations: Labor, AAA, Service, Business

☆ A travel influencer said social media has become a 'copycat rabbit hole' with little support for original content creators
▼ + stars: | 2024-08-31 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +7 min

But she said social media just isn't what it used to be. As a result of the influx of newer influencers, longtime content creators are seeing a decline in their audience engagement. The company has a website dedicated to resources for Instagram creators, including tips and explanations about its ranking system and algorithms. There is not a specific section addressing creator mental health, though a blog post from Mental Health Awareness Month in 2023 briefly addressed the issue. I started from being a backpacker and having no money," she said, adding she still loves her job and sees herself working in social media long-term.

Persons: —, Bree Rose, Rose, Instagram, she's, Zers, Goldman Sachs, Julia Broome, It's Organizations: Service, Business, Social, Mental Health Locations: Washington, Mexico, France, Los Angeles

☆ Saudi Arabia's Neom is getting electric shuttle ships that appear to hover over water to transport passengers in its waterways
▼ + stars: | 2024-08-23 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +1 min

Saudi Arabia's Neom ordered eight electric shuttles from Sweden-based Candela. The Candela P-12 shuttles are high-speed electric foil ships that sit above the water. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementSaudi Arabia's "city of the future" is set to get its own ships of the future — electric passenger shuttles that appear to fly as they move through the water.

Persons: Saudi Arabia's Neom, Candela, — Organizations: Saudi, Service, Business Locations: Sweden, Saudi Arabia, Candela

☆ The shock Ukrainian invasion of Kursk has the Kremlin pulling some troops out of Ukraine to defend Russia, per reports
▼ + stars: | 2024-08-14 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +1 min

Ukraine launched a shock counter-invasion into Russia last week. US officials told the Wall Street Journal that Russia is withdrawing troops from Ukraine in response. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRussia is withdrawing some of its troops from Ukraine in response to Ukraine's counter-invasion into Russia that started last week, the Wall Street Journal reported on Tuesday, citing unnamed US officials. US officials told the Journal it was still unclear how many troops Russia was pulling back from Ukraine.

Persons: — Organizations: Wall Street Journal, Service, Wall Street, Politico, Business Locations: Ukraine, Russia, Kyiv, Politico Europe, Kursk

Read previewElon Musk and former President Donald Trump live-streamed a wide-ranging discussion on Monday, eliciting reactions from tech and business leaders. Gavin Newsom of California, who has a strained relationship with Musk, got a jab in at both the X CEO and the GOP nominee. Related storiesMark PincusMark Pincus, the founder of Zynga, the gaming company behind FarmVille, praised the former president during the conversation with Musk. Pincus said in an X post. The Harris campaignVice President Kamala Harris' campaign hit out at both Musk and the Trump campaign right after the livestream ended in a statement on X.

Persons: —, Elon Musk, Donald Trump, Mark Cuban Mark Cuban, Michael Reaves, Joe Raedle, Mark Cuban, Musk, Trump, Gavin Newsom Gov, Gavin Newsom, Newsom, Ron DeSantis, DeSantis, Aaron Levie, Justin Sullivan, Hannibal Lecter, Levie, Mark Pincus Mark Pincus, Pincus, Elon, David Sacks David Sacks, Sacks, Biden, Harris, Kamala Harris, Donald Trump's Organizations: Service, Trump, Business, Getty Images, Getty, GOP, Lambs, Zynga, Craft Ventures, Democratic, Hollywood Locations: Cuban, California, FarmVille

☆ Elon Musk's big Spaces conversation with Trump kicked off with major technical difficulties
▼ + stars: | 2024-08-13 | by ( Erin Snodgrass | Kelsey Vlamis | ) www.businessinsider.com time to read: +1 min

X's Spaces malfunctioned on Monday ahead of Elon Musk's live interview with Donald Trump. Trump and Musk's conversation started about 40 minutes late. Go to newsletter preferences Thanks for signing up! AdvertisementElon Musk's livestream interview with former President Donald Trump ran into technical difficulties before the conversation even got started on Monday. The platform malfunctioned for many users despite Musk saying Sunday that he conducted several system scaling tests ahead of the conversation.

Persons: Elon Musk's, Donald Trump, Musk, Trump, — Organizations: Service, Business

Read previewAs a freshman at Penn State University, Ezra Gershanok was set on landing a job in consulting after graduation. Four Gen Z consultants told BI they were not in the industry for the long haul. Related storiesYet she doesn't expect the consulting industry will go hungry for workers because of the opportunities the experience can bring. AdvertisementShe said the learning opportunities can help some young consultants cope with the long hours and stress of the gig. Gen Z consultants said the hours are worth it as long as they pick up new skills.

Persons: —, Ezra Gershanok, There's, Gershanok, It's, he'd, Gen Zers, Vicki Salemi, Monster, Salemi, Gen, Jorge García Febles, I'm, PwC, it's, Spencer Rascoff, Surabhi Gupta Organizations: Service, Penn State University, Deloitte, McKinsey & Company, Business, Ritz Carlton, Consulting, McKinsey

☆ Trump and his allies sure seem rattled by Harris's momentum
▼ + stars: | 2024-08-10 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +5 min

Read previewFor what now feels like a fleeting moment this summer, former President Donald Trump seemed to be on top of the world. When reached by Business Insider about reports that Trump is frustrated over the Harris campaign's momentum, Steven Chueng, the Trump campaign spokesperson, called it "fake news." AdvertisementAt a press conference at Mar-a-Lago on Thursday, he again claimed Biden had "the right to run" but that Democrats "took it away." Sen. Lindsey Graham, a close ally of Trump, even acknowledged to the Post that the campaign has "hit a few speed bumps." AdvertisementWhether all the momentum behind the Harris campaign will ultimately translate to a win in November is impossible to say.

Persons: —, Donald Trump, Trump, revelers, Hulk Hogan, Kamala Harris, there's, Tim Walz, Harris, Steven Chueng, Joe Biden, Biden, He's, baselessly, Martin Luther King Jr, Richard Porter, Post Trump, Sen, Lindsey Graham, Ben Shapiro, Walz Organizations: Service, Business, Democratic, Minnesota, Biden, Mar, Trump, Republican National Committee, Washington Post, Post, New York Times Locations: Florida, Harris

☆ The stock-market whiplash this week shows why you shouldn't worry too much about your 401(k)
▼ + stars: | 2024-08-09 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. This story is available exclusively to Business Insider subscribers. So what do such wild swings mean for folks who stress about what the stock-market ups and downs mean for their investments? Advertisement"In fact, it's what we all sign up for when investing in the stock market," he said, adding that, on average, the stock market loses money once every four years and that you could even expect swings of more than 14%. He added: "Selling is literally the only way that you can turn a temporary decline into a permanent loss."

Persons: —, Dow, Gideon Drucker, Aswath Damodaran, Drucker Organizations: Service, Nasdaq, Business, Drucker Wealth, New York University

☆ This $49 million ranch for sale in Colorado is linked to the billionaire Walmart heirs and has a place in rock-n-roll history. Take a look.
▼ + stars: | 2024-08-08 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +5 min

It's also linked to the Walton family — the billionaire heirs to Walmart. AdvertisementThe ranch once had a recording studio that hosted musicians like Stevie Nicks and Billy Joel. Hall and HallIn addition to its ties to the famous family of billionaires, the history of Caribou Ranch also involves some music legends. The Caribou Ranch Recording Studio was even inducted into the Colorado Music Hall of Fame in 2017. Hall and HallThe ranch served as a basecamp for miners during the period, according to Hall and Hall.

Persons: —, Elton John, It's, Walton, Sam Walton, Rob, Jim, Alice, Lukas, Stevie Nicks, Billy Joel, Rod Stewart Organizations: Service, Walmart, Hall, Business, Denver Post, Walton Enterprises, Street Journal, Bloomberg, Boys, Colorado Music Hall of Fame, of, Colorado Locations: Colorado, Nederland , Colorado, Boulder, Denver, Hall Boulder, Arkansas, Caribou, American

☆ How much Silicon Valley's richest CEOs and founders lost in the stock market wipeout
▼ + stars: | 2024-08-06 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +1 min

Silicon Valley's billionaire CEOs faced losses in Monday's stock market downturn. The Nasdaq 100 fell 3.4%, the Dow Jones fell over 1,000 points, and the S&P 500 fell 3% as of market close. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementSilicon Valley's billionaire founders and executives saw their net worths take a hit with Monday's stock market downturn.

Persons: Dow Jones, Jeff Bezos, Larry Ellison, — Organizations: Nasdaq, Service, Tech, Nvidia, Apple, Microsoft, Business

☆ How Kamala Harris' shortened campaign timeline could work in her favor
▼ + stars: | 2024-08-05 | by ( Katherine Tangalakis-Lippert | Kelsey Vlamis | ) www.businessinsider.com time to read: +6 min

Read previewWhen Kamala Harris took up Joe Biden's mantle last month and launched her campaign for president, she did so knowing that she'd have an abbreviated run leading up to the election. Harris' campaign started with sighs of relief from Democratic voters over Biden dropping out and instant enthusiasm that contributed to Harris' record-breaking fundraising efforts, Dagnes, who focuses on political media, said. "Young people represent a strategic sector for Kamala for two reasons," Gutiérrez told BI. AdvertisementTrump has also tried several lackluster nicknames against Harris, like "Laffin' Kamala Harris" and "Cackling Copilot Kamala Harris," which haven't gained traction like "Sleepy Joe" did against Biden. "By maintaining a high level of visibility and continuing to address key voter issues, Harris is well-positioned to leverage the remaining campaign period effectively."

Persons: —, Kamala Harris, Joe Biden's, Harris, Alison Dagnes, there's, Dagnes, Joe Biden, Barack Obama, Sergio José Gutiérrez, Kamala, Gutiérrez, Donald Trump's, Hillary Clinton's, Hillary, Trump, Joe, Biden, Harris — Organizations: Service, Business, Shippensburg University, Democratic, Biden, CNN, Labor, Howard University, Trump Locations: Chicago

☆ 8 weird status symbols across the country, from $150,000 dogs to $10 tomatoes
▼ + stars: | 2024-08-04 | by ( Kelsey Vlamis | Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +1 min

Surprising status symbols are popping up throughout the US, including dogs that cost six figures. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementWhen it comes to status symbols, you typically know one when you see it. But status symbols that may be a lot less obvious seem to be increasingly popping up across the US. From dogs that go for six figures and summer camps that set parents back thousands, here are eight of the most surprising status symbols people are splurging on.

Persons: —, Hermes Birkin Organizations: Hamptons, Service, BMW

☆ Maui tourism still hasn't recovered since the Lahaina fire. The manager of the resort where 'The White Lotus' was shot says now is a great time to visit.
▼ + stars: | 2024-08-04 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +6 min

AdvertisementSome locals and business owners were quick to encourage tourists to return, citing the importance of tourism to the island's economy. According to the Maui Economic Development Board, around 70% of every dollar in Maui County is generated, either directly or indirectly, by the tourism industry. Tourism numbers from June 2024 show that nearly a year on, visit numbers had yet to return to their pre-fire levels. Tourists are still encouraged to act responsibly when they visit Maui, and there are opportunities to donate or help out with Lahaina recovery efforts. Shank said the Four Seasons is also encouraging tourists to actively get out and support the island during their visit.

Persons: —, Ben Shank, Shank, " Shank, Lisa Paulson, Paulson, Smith Organizations: Service, Business, Maui Economic Development Board, Hawaii Department of Business, Economic, Tourism, Hawaii State Rural Health Association, Lodging Association, Travel Locations: Maui, Lahaina Town, Maui County, Lahaina, Hawaii, cabanas, Europe, Hana

☆ Apple's iPad is having a moment
▼ + stars: | 2024-08-01 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +1 min

Apple's iPad revenue was up 24% year-over-year, according to its latest earnings report. The iPad saw a jump in revenue even as revenue from other products was largely flat. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementApple's iPad is having a moment. While revenue from services saw a year-over-year increase, revenue from products like the iPhone and its wearables was largely flat — with the exception of the iPad.

Persons: Apple execs, — Organizations: Service, Apple, Business

☆ The US tried to secure Alexey Navalny's release in a historic prisoner swap with Russia before his death
▼ + stars: | 2024-08-01 | by ( Lloyd Lee | Kelsey Vlamis | ) www.businessinsider.com time to read: +1 min

Several countries, including the US, carried out a major prisoner swap with Russia on Thursday. The US wanted Alexey Navalny, Putin's most vocal political dissident, to be part of the deal. The Wall Street Journal reported that Putin was open to the idea before Navalny's death in a Russian prison. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementVladimir Putin was open to releasing Alexey Navalny, the Russian leader's fiercest critic and political rival whose unexpected death in an Arctic penal colony sparked international backlash, as part of Thursday's historic prisoner swap, according to The Wall Street Journal.

Persons: Alexey Navalny, Putin, —, Vladimir Putin, Evan Gershkovich, Paul Whelan, Alsu Kurmasheva, Vladimir Kara, Murza Organizations: Russia, Street Journal, Service, Wall Street Journal, Street, Washington Post, Business Locations: Russian, American

☆ Kamala Harris said Trump's remarks, where he said she 'happened to turn Black,' were 'the same old show' of disrespect
▼ + stars: | 2024-08-01 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +1 min

Vice President Kamala Harris responded to former President Donald Trump's remarks at the NABJ convention. Trump had tense exchanges with journalists and claimed Harris "happened to turn Black." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementVice President Kamala Harris responded to remarks made by former President Donald Trump at the annual meeting of the National Association of Black Journalists in Chicago on Wednesday. Trump claimed that Harris, who is of Indian and Jamaican heritage, had recently "happened to turn Black."

Persons: Kamala Harris, Donald Trump's, Trump, Harris, —, Donald Trump, he'd Organizations: Service, National Association of Black Journalists, Wednesday, Business Locations: Chicago, Indian

☆ Speculation mounts that a US-Russia prisoner swap is in the works
▼ + stars: | 2024-08-01 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +1 min

There is speculation about a potential prisoner swap between the US and Russia. The potential prisoner swap could include Evan Gershkovich and Vladimir Kara-Murza, reports say. AdvertisementSpeculation about a potential major prisoner swap between the US and Russia bubbled up this week. Russian and US officials have not confirmed or commented on a potential prisoner swap. The US State Department and the Russian embassy in the US did not immediately respond to requests for comment from Business Insider.

Persons: Evan Gershkovich, Vladimir Kara, Murza, —, Putin Organizations: Service, US State Department, Business, Reuters Locations: Russia, Russian, Ukraine, Siberia

☆ A boomer helped pay for his daughter's college and her husband's student debt. He won't start gifting their inheritance until they curb their spending.
▼ + stars: | 2024-07-28 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +5 min

Ken, a semi-retired health services executive, helped his daughter and her husband pay for college and for their home. AdvertisementKen said his daughter graduated from college without any debt, thanks to an academic scholarship and a 529 savings plan he contributed to. By the time his daughter got to college, the plan had about $75,000 in it. Ken wants to start gifting them money but wants to make sure they're savingHowever, Ken said they started spending heavily while trying to furnish and improve their home. Ken said he would like to start gifting them the annual amount that's allowed tax-free.

Persons: Ken, they've, Ken's, didn't, I've, that's boomer, hasn't, he's, it's Organizations: Service, Business

☆ Southwest says 80% of its customers didn't like the unassigned seating policy. But I will miss it.
▼ + stars: | 2024-07-26 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +7 min

Read previewWhen Southwest Airlines announced Thursday it was dropping its unique plane seating system, I was among the (apparently small) group of people who reacted with disappointment. In announcing the policy change, Southwest said their research showed 80% of customers preferred an assigned seating system, while 86% of new customers did. AdvertisementIt also means navigating the chaos that can be found at essentially every other airline's gate besides Southwest. Some families also love Southwest's open seating policy for this reason. But without the open seating, the airline is losing part of what sets it apart — even if that means gaining new customers.

Persons: —, Sean Cudahy, Guy, I'm, aren't, Cudahy, it's, Jason Steffen, Southwest's, Cudahey, Steffen Organizations: Service, Southwest Airlines, Business, Southwest, University of Nevada Locations: Southwest, Burbank , California, Denver, Las Vegas

☆ Boomers who want to transfer wealth to their adult kids should make sure their finances can pass a stress test
▼ + stars: | 2024-07-25 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +5 min

So, how do you know if you're in a position to be able to start passing down your wealth? But even average baby boomers, who have a net worth of around $1 million, are getting in on early wealth transfers. Griffith said the first thing someone should do before transferring wealth is to look at their retirement resources and do something she calls a "stress test." That includes considering what the portfolio might look like when the markets are most volatile and declining. Griffith said a wealth advisor can help complete a stress test using specific software that looks at various simulations of what could happen to a person's finances.

Persons: boomers, Michelle Griffith, Griffith, it's Organizations: Service, Business, Financial, Citi, Wealth Management

☆ Video showed a humpback whale smashing into and capsizing a boat. Biologists say the whale was likely just feeding.
▼ + stars: | 2024-07-24 | by ( Kelsey Vlamis | Jessica Orwig | ) www.businessinsider.com time to read: +4 min

Read previewA fishing boat about a mile off the coast of New Hampshire capsized on Tuesday after a humpback whale came out of the water and smashed into it, according to video of the incident. "So no attack by the humpback whale, just an unfortunate accident for both the whale and fisherman," he said, adding the whale may not have even realized the boat was there. Smith, who studies humpback whale behavior, said lunging for fish is a very common behavior for the species. AdvertisementAs for the humpback in the video, the whale may have been injured when it crashed into the boat. Vessel collisions remain a threat to humpback whales, though typically, strikes by larger ships pose the greatest risk.

Persons: —, Andrew Trites, Trites, Melanie Smith, Smith, WCVB Organizations: Service, New Hampshire, Business, Marine Mammal Research, University of British, University of New Locations: New, University of British Columbia, University of New Hampshire

☆ Sheryl Sandberg endorses Kamala Harris for president
▼ + stars: | 2024-07-22 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +3 min

Read previewFormer Meta COO Sheryl Sandberg endorsed Vice President Kamala Harris for president in social media posts on Monday. Sandberg, who founded Lean In, a nonprofit that works to support women in the workplace, made the announcement one day after Harris entered the race for president. AdvertisementSandberg also said Harris "will defend women's rights — and all Americans' rights — from the Oval Office with a determined, compassionate focus." The Harris campaign did not respond to a request for comment on Sandberg's endorsement. Sandberg is among the tech and business leaders who have spoken out since Biden dropped out of the race and Harris entered it.

Persons: —, Sheryl Sandberg, Kamala Harris, @kamalaharris, Sandberg, Harris, I'm, Lean, Joe Biden, Biden, Trump, Reid Hoffman, Alex Soros, George Soros Organizations: Service, Business, Lean, Democratic, LinkedIn, Fund Management Locations: Delaware

☆ An American mom who moved to the French Alps experienced the impacts of over-tourism firsthand. She says there's a better way to do it
▼ + stars: | 2024-07-21 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +9 min

BI: Why do you think your book — and conversations about how to be a better traveler — are important right now? And actually surveys are showing that people are more concerned about sustainability, they're more concerned about their impacts on communities. Related storiesIn 2018, I moved with my family to a little village in the French Alps. I had a chance to see firsthand how tourism really brought life into this village that would otherwise have become a ghost town, probably 50 years ago. It was really so moving to this village that that inspired me to start looking at travel and tourism in my journalism.

Persons: that's, it's, Paige McClanahan's, Paige McClanahan, we're, I'm, Agnes Kard, they're, who's, nothing's Organizations: Service, Tourism, New Yorker Locations: Rome, American, France, French, Tourism, Europe, Paris

☆ Biden is staying in the race for now to stick it to Netanyahu his advisors believe, according to a new report
▼ + stars: | 2024-07-20 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +1 min

President Joe Biden has insisted he has no plans to drop out of the race for president. A report in The New York Time said Biden is growing frustrated with a lack of support from allies. Netanyahu's upcoming visit to Washington, DC, may also be influencing Biden, the outlet reported. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy .

Persons: Joe Biden, The New York Time, Biden, — Organizations: The New York, Service, The New York Times, Business Locations: The, Washington, DC

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