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☆ Why finding a camp for your kid is this summer's madness
▼ + stars: | 2023-06-13 | by ( Chris Taylor | ) www.reuters.com time to read: +5 min

NEW YORK, June 13 (Reuters) - For American kids, summer camps can conjure up some idyllic experiences: Canoeing on lakes, munching on s’mores by campfires. THE EARLY BIRD GETS THE WORMMany day camps open registration in January, February and March, and overnight camps often start the previous fall. Indeed, in 2022 the average day camp cost rose to $87 per day, and the average overnight camp to $172 a day, according to an ACA survey of participating camps. “Investigate if your employer provides any summer camp assistance as part of their benefits package. Says Rosenberg: “Summer camp is hot again.”Editing by Lauren Young Follow us @ReutersMoneyOur Standards: The Thomson Reuters Trust Principles.

Persons: ”, Ellen Sheng, it’s, ” Sheng, “, Tom Rosenberg, Rosenberg, ” Rosenberg, Anna Sergunina, ” Sergunina, Hunt, Says Rosenberg, Lauren Young Organizations: YORK, campfires, American Camp Association, YMCA, “, Thomson, Reuters Locations: Summit , New Jersey, Greater New York, Los Gatos , California

☆ SpaceX to launch the first test payload for a bold new drug development company
▼ + stars: | 2023-06-12 | by ( Jackie Wattles | ) edition.cnn.com time to read: +17 min

Its research, company officials hope, could lead to better, more effective drugs — and hefty profits. Varda Space industriesHow it worksVarda’s vision is straightforward: The company’s capsule will launch with an experiment already on board. Varda Space IndustriesDrugs in spaceMuch of the legwork for Varda’s drug experimentation can be done on the ground. The exorbitant price tag of drug research is often passed on to consumers in the form of eye-popping prices, which frequently draws critical headlines. “You’ll see like this entire ecosystem coming up to create this fertile ground for commercialization of space,” Bruey said.

Persons: El, Varda, “ It’s, ”, Will Bruey, ” Varda, what’s, Merck, Keytruda, Varda’s, Covid, that’s, Gabe Ramirez, ” Bruey, Elon Musk, Peter Thiel, “ I’ve, ” Asparouhov, Asparouhov, “, who’s, You’re, Nicholas Cialdella, Bruey, Jon Barr, Mark Herbert, there’s, Eric Lasker, ” Lasker, Varda isn’t, It’s, Paul Reichert, Merck hasn’t, Reichert, Herbert Organizations: El Segundo , California CNN, Citigroup, Varda Space Industries, SpaceX, Vandenberg Space Force, Big pharma, Merck, Bristol Myers Squibb, ISS, Laboratory, Space Station, Rocket, CNN, NASA, Company, Founders Fund, PayPal, Pharmaceuticals, Fortune, Space Industries, US Air Force, Utah Test, pharma, “, Congressional, International Locations: El Segundo , California, California, Los Angeles, Delian, Salt Lake City, ”

The Chase Freedom Rise℠ is a beginner credit card that earns 1.5% cash back on all purchases with no annual fee. How to Apply for the Chase Freedom RiseTo apply for the Chase Freedom Rise℠, you must fill out an application at a physical Chase bank branch. Chase Freedom Rise Benefits and RewardsThe Chase Freedom Rise℠ is similar to the Chase Freedom Flex℠ and Chase Freedom Unlimited® in that it earns rewards in the form of Chase Ultimate Rewards® points, which you can redeem at a rate of 1 cent each for cash back, gift cards, or travel through the Chase Ultimate Rewards Travel Portal. Unlike the other Freedom cards, the Chase Freedom Rise℠ doesn't offer a traditional welcome bonus tied to a spending requirement. That's not a bad deal considering many starter credit cards don't offer a bonus at all, but it's significantly less than what the best cash-back credit cards offer.

Persons: Chase, Read, —, you'll, We're, That's, Cardholders, you've Organizations: Service, Chase, Quicksilver, Chevron, Gas, Business, Chase Credit Locations: autopay

☆ Online College Classes Are Making the Student Debt Crisis Worse
▼ + stars: | 2023-06-05 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +18 min

She applied and was accepted to the online program in 2020. In exchange for expanding course offerings and recruiting students, OPMs receive a big chunk of the tuition revenue from the online programs, which usually cost the same as in-person schooling. While it's not always the case, many experts and grads told me that OPMs were offering online students a worse education for a sky-high price. A third-party provider to those schools, 2U signs a contract to offer services such as recruiting and technology to boost online enrollment. OPMs have helped fuel the student debt crisis, saddling may students with tens of thousands of dollars worth of debt and an uncertain future.

Persons: Iola Favell, Favell, Rossier, Zavareei, USC Rossier, OPMs, it's, grads, Eric Rothschild, John Katzman, Katzman, Clare McCann, McCann, —, Aaron Ament, Barack Obama, That's, STEFANI REYNOLDS, Helen Drinan, Cabrini University —, Drinan, Democratic Sens, Elizabeth Warren, Tina Smith, Sherrod Brown, Pearson, Rosa DeLauro, Virginia Foxx, Ament Organizations: University of Southern California's Rossier School of Education, USC, Student Defense, Zavareei LLP, US, Education Department upended, Education Department, Arnold Ventures, OPM, Office, Los Angeles Times, Wall Street, Canyon University, Grand Canyon, Century Foundation, Getty, Cabrini University, Simmons University, Democratic, GAO, Republican, GOP, Universities, Protection, Consumer Financial, Bureau Locations: California, Georgetown, —, Pennsylvania, Massachusetts

☆ A former FedEx driver who couldn't afford to invest in real estate the traditional way explains how he used 'Airbnb arbitrage' to acquire 25 rental units in less than 2 years
▼ + stars: | 2023-06-02 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +7 min

If you're looking to get into real estate but don't have a ton of capital, 'rental arbitrage' is an option. You sign a long-term lease and then rent out that property on short-term rental platforms like Airbnb. Nathan Turner used this strategy to set up his first Airbnb unit with $6,400. The Turners' upfront costs would include: first month's rent, a security deposit, and furniture. Between first month's rent, a $1,200 security deposit, and furniture, they spent about $6,400 and three weeks putting together their first Airbnb in 2021.

Persons: Nathan Turner, Turner, Taniera, wholesaling, Airbnb, they'd, we've, he's, it's, I've Organizations: FedEx, Turners, Houston Locations: Houston , Texas, Houston, Louisville, Des Moines

☆ Online College Class Providers Screwing Over Students, Adding to Debt Crisis
▼ + stars: | 2023-06-01 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +18 min

She applied and was accepted to the online program in 2020. In exchange for expanding course offerings and recruiting students, OPMs receive a big chunk of the tuition revenue from the online programs, which usually cost the same as in-person schooling. While it's not always the case, many experts and grads told me that OPMs were offering online students a worse education for a sky-high price. A third-party provider to those schools, 2U signs a contract to offer services such as recruiting and technology to boost online enrollment. But beyond scandals, the everyday business of OPMs is leaving many online students with exorbitant bills, despite how cheap it is to administer the courses.

Persons: Iola Favell, Favell, Rossier, USC Rossier, OPMs, it's, grads, Eric Rothschild, John Katzman, Katzman, Clare McCann, McCann, —, Aaron Ament, Barack Obama, That's, STEFANI REYNOLDS, Helen Drinan, Cabrini University —, Drinan, Democratic Sens, Elizabeth Warren, Tina Smith, Sherrod Brown, Pearson, Rosa DeLauro, Virginia Foxx, Ament Organizations: University of Southern California's Rossier School of Education, USC, Student Defense, US, Education Department upended, Education Department, Arnold Ventures, OPM, Office, Los Angeles Times, Wall Street, Canyon University, Grand Canyon, Century Foundation, Getty, Cabrini University, Simmons University, Democratic, GAO, Republican, GOP, Universities, Protection, Consumer Financial, Bureau Locations: California, Georgetown, —, Pennsylvania, Massachusetts

☆ A financially independent real-estate investor who financed his latest property with a 2.5% interest rate explains the financing strategy he prefers to score low rates in today's market
▼ + stars: | 2023-05-31 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +6 min

One investor recently locked in a 2.5% interest rate on his latest deal, thanks to seller financing. He is passionate about providing affordable housing, having seen first-hand how it can change a family's outcome. He said after moving to Boston from China with about $1,000 to their name, his parents raised him in an affordable housing unit. While He has a personal motivation for improving the affordable housing crisis, it can also make sense to invest in affordable housing to diversify your portfolio, he said: "I never like putting all my eggs in one basket. In today's market, that was only possible to lock in thanks to seller financing.

Persons: Kent, isn't, there's, we'll Locations: San Diego, Scottsdale , Arizona, Boston, China

☆ A 27-year-old started 'Airbnb arbitrage' after getting laid off during the pandemic. He explains how he got his first rental with $6,400 upfront and scaled to 25 units in less than 2 years.
▼ + stars: | 2023-05-23 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +11 min

After being laid off in March 2020 Nathan and Taniera Turner started looking into real estate. Today, they have 25 Airbnb units in three different states, plus an Airbnb cleaning business. They continued working with the client, who owned six Airbnb units total, and started learning more about the hosting side of the business. "They were telling us about their journey and how they were able to quit their jobs from doing Airbnb," said Turner. Moving to Houston and using rental arbitrage to set up an Airbnb rental with $6,400The Turners continued picking up clients and cleaning Airbnb properties in Louisville.

Capital One Spark Miles Select for Business RewardsWhat is the Capital One Spark Miles Select for Business welcome bonus? How to earn rewards from Capital One Spark Miles SelectThe Spark Miles Select Business Card has a very straightforward earning structure. Read our review Read Our Review A looong arrow, pointing rightCapital One Spark Miles Select for Business Annual Fee and Other CostsThe Spark Miles Select Business Card doesn't charge an annual fee, so it's free to keep and use year after year. What's the difference between the Capital One Spark Miles and Spark Miles Select? Methodology: How we reviewed the Capital One Spark Miles Select for BusinessWe evaluated the Capital One Spark Miles Select for Business in relation to Capital One's other small-business cards, as well as competing no-annual-fee business cards from other banks.

☆ How Meta is fighting off Apple's best shot and saving its ad business
▼ + stars: | 2023-05-11 | by ( Lauren Johnson | Lara O'Reilly | ) www.businessinsider.com time to read: +4 min

Meta's AI tools has helped save its ad business, after Apple rolled out its ATT privacy feature. These AI tools have helped Meta regain the trust of some advertisers after ad performance declined. Knowing it would lose the user signals that made its ads business so lucrative, Meta heavily invested in artificial intelligence. "Meta's advantage in AI is its advantage in training data," said Adam Heimlich, CEO of Chalice Custom Algorithms. "Every advertiser who places a Meta tag on their site or app is contributing to Meta's advantage by contributing data.

☆ A recession could hit single women especially hard, says financial advisor. Here's how they can prepare
▼ + stars: | 2023-05-05 | by ( Annie Nova | ) www.cnbc.com time to read: +2 min

Fotostorm | E+ | Getty ImagesFears of an upcoming recession and high inflation may be weighing most heavily on single women, according to a financial advisor who works with that demographic. "Rising inflation hits women harder with their smaller incomes," she said. If there is a recession later this year, as some economists predict there will be, many single women would enter it in a more financially vulnerable situation, Curtis said. For women who live alone, losing a paycheck can mean a pause in all income for the household, and lower wages relative to men may mean single women also have less savings to turn to. Look for ways to cut back on expensesWomen worried about an economic downturn may want to cut back on their discretionary spending as much as possible, Curtis said.

☆ 5 real estate investors who started with low credit scores or zero credit at all share 4 strategies they used to boost their credit and buy their first homes
▼ + stars: | 2023-04-29 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +10 min

Insider has spoken to successful real estate investors who started with terrible credit, or no credit at all, and still managed to buy investment properties. Like many young students, they didn't fully understand how credit worked and ended up racking up credit card debt. Apply for a secured credit card and pay your bills on timeWithout any credit history, Afzal couldn't open a regular credit card. Instead, he had to start by getting a secured credit card, which is a starter card that doesn't require a credit history or credit score. The credit card company will hold that money as collateral if you end up defaulting your card.

Compare the Capital One Venture X and Chase Sapphire Preferred Capital One Venture X Rewards Credit CardChase Sapphire Preferred® Card Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Here's what to know if you're trying to decide between the Venture X Rewards Credit Card and Sapphire Preferred. Transfer PartnersThe Venture X Rewards Credit Card and Sapphire Preferred card earn transferable rewards you can send to various airline and hotel loyalty programs. Travel and Purchase ProtectionsBoth the Venture X Rewards Credit Card and Sapphire Preferred have noteworthy travel insurance and purchase protection. The Venture X Rewards Credit Card is a relatively new entry to the travel rewards space, while the Sapphire Preferred is a tried-and-true classic.

☆ 4 real estate investors who have bought property with none of their own savings explain how they raised capital to get started. 'We're using other people's money to make us more money.'
▼ + stars: | 2023-04-09 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +7 min

Buying real estate typically means coming up with cash for a down payment and closing costs. One of the biggest barriers to entry when it comes to buying real estate is capital. Natia and Jervais Seegars, real estate investors and founders of YourLifeStyleStrategy. "So we were able to continue to save our money while using other people's money to make us more money." They reached out to friends, family, and other San Diego-based real estate investors and ended up raising the $90,000 they needed for that first multi-family in about 30 days.

☆ 20-year-old real estate investors who started with less than $1,000 in savings and couldn't qualify for a traditional loan explain the strategy they used to buy property without the bank's help
▼ + stars: | 2023-04-05 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +6 min

When Caleb Hommel and Chuck Sotelo decided to invest in real estate, they didn't have any savings. They were still in junior college at the time and delivering food to pay for an online real estate mentorship program. With seller financing, there are no pre-qualifications since it's a completely private loan. They're no longer responsible for managing the property or tenants, which can be time-consuming responsibilities that come with traditional real estate investing. Part of the reason seller financing isn't super common is because most people don't own their properties completely, she said.

Best 5% Cash Back Credit Cards of May 2023Read on to see our picks for the best 5% credit cards and learn which ones best suit your needs. 5% Cash Back Credit Card Frequently Asked Questions (FAQ)Is there a credit card that earns 5% cash back on everything? Compare the Best 5% Cash Back Credit Cards Chase Freedom Flex℠Discover it® Cash BackCiti Custom Cash℠ CardU.S. Bank Cash+® Visa Signature® CardInk Business Cash® Credit Card Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. US Bank Cash Plus Card ReviewBest for Small Business PurchasesInk Business Cash Credit CardIn some respects, the Ink Business Cash® Credit Card crushes others on this list. Chase Ink Business Cash Credit Card ReviewHonorable MentionStore Credit CardsIf you do a high volume of spending with a single retailer, then a store credit card may be your best option.

Best 5% Cash Back Credit Cards of April 2023Read on to see our picks for the best 5% credit cards and learn which ones best suit your needs. 5% Cash Back Credit Cards Frequently Asked Questions (FAQ)Is there a credit card that earns 5% cash back on everything? Compare the Best 5% Cash Back Credit Cards Chase Freedom Flex℠Discover it® Cash BackCiti Custom Cash℠ CardU.S. Bank Cash+® Visa Signature® CardInk Business Cash® Credit Card Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. US Bank Cash Plus card reviewBest for Small Business PurchasesInk Business Cash Credit CardIn some respects, the Ink Business Cash® Credit Card crushes others on this list. The main drawback of the Ink Business Cash® credit card is its limited selection of 5% cash back categories.

☆ Analysis: End of central bank rate hikes now firmly on the horizon
▼ + stars: | 2023-03-23 | by ( Balazs Koranyi | ) www.reuters.com time to read: +5 min

The U.S. Federal Reserve, the European Central Bank and the Bank of England all raised rates as expected in the last week, but each of them signalled caution about their next move, leaving investors unsure where borrowing costs are going. Central banks have also been quick. This is lightning-fast by central banking standards and ECB's Knot said policymakers needed to have a deeper look at how it is affecting lenders. Combined, these factors suggest that big central banks are nearly done, and that upcoming rate moves may be their last. If so, our view is that it could indeed substitute for further rate hikes," Michael Gapen at Bank of America said.

☆ Fed’s self-scrutiny starts off on the wrong foot
▼ + stars: | 2023-03-22 | by ( John Foley | ) www.reuters.com time to read: +7 min

Banks with assets worth $100 billion or more face elaborate reviews, which involve a body called the Large and Foreign Banking Organization Management Group. Supervisors had previously noted, and reflected to the Fed group, which vets bank ratings, that SVB had made progress in tackling some of its weaknesses. The central bank doesn’t even acknowledge the existence of the LFBO Management Group on its public-facing website. Rather than just investigate itself, the Fed board could learn from the companies it regulates. SVB was part of the Fed’s “Large and Foreign Banking Organization” supervisory regime, which covers firms with more than $100 billion of assets.

☆ Microsoft is using OpenAI to make it easier for doctors to take notes
▼ + stars: | 2023-03-20 | by ( Ashley Capoot | ) www.cnbc.com time to read: +4 min

Microsoft 's speech recognition subsidiary Nuance Communications on Monday announced Dragon Ambient eXperience (DAX) Express, a clinical notes application for health-care workers powered by artificial intelligence. DAX converts verbal patient visits into clinical notes, and it sends them through a human review process to ensure they are accurate and high-quality. DAX Express, in contrast, generates clinical notes within seconds so that physicians can review automated summaries of their patient visits immediately. Alysa Taylor, a corporate vice president in the Azure group at Microsoft, told CNBC that DAX Express adheres to the core principles of Microsoft's responsible A.I. She said, ultimately, using DAX Express will help improve both the patient experience and the physician experience.

The Capital One Travel portal is an online travel platform that allows customers to book flights, hotels, and rental cars. Capital One credit cards that are eligible for the travel portalYou don't necessarily need a high-priced travel rewards credit card to use the Capital One Travel portal. Capital One miles value in the Capital One Travel portalCapital One miles are worth 1 cent each in the Capital One Travel Portal. How to book flights through the Capital One Travel portalYou can book flights with both domestic and international airlines through the Capital One travel portal. How to book hotels through the Capital One travel portalBooking hotels through Capital One Travel is similar to booking flights.

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Real estate crowdfundingReal estate crowdfunding is a strategy that allows enterprises to raise capital from large groups of individuals. Real estate investment trusts (REITs)If you want to wade into real estate, investing in a real estate investment trust (REIT) will provide exposure to the market without the time and cost commitment of buying your own property. Invest in your own homeFinally, if you want to invest in real estate, look closer to home — your own home. Strategies for successful real estate investingWhatever form your real estate investment takes, certain strategies will stand you in good stead. Pure investment plays — which don't involve hands-on management from you — include real estate crowdfunding, investing in real estate limited partnerships, and buying into real estate investment trusts.

☆ This emerging markets fund outperforms by finding ideas in small- and mid-cap companies
▼ + stars: | 2023-03-01 | by ( Sarah Min | ) www.cnbc.com time to read: +7 min

A keen appreciation for ideas that fly under the radar helped one emerging markets fund outperform during the pandemic. Since starting at the Matthews Emerging Markets Small Companies (MSMLX) fund in 2020, Vivek Tanneeru said he has kept his focus on small- and mid-cap companies to generate alpha (returns above a benchmark). For example, his Matthews Emerging Markets Sustainable Future fund (MISFX) fund, which he founded in 2015, is also given five stars at Morningstar. One stock Tanneeru is particularly bullish on now is Legend Biotech . For Tanneeru, small caps are a more nimble way for investors to gain access to emerging markets and tap into consumer preferences there.

☆ I quit an emotionally-draining job and started a dog-walking business. I love being my own boss and finishing work at 4.30 p.m.
▼ + stars: | 2023-02-28 | by ( Lola Christina Alao | ) www.businessinsider.com time to read: +5 min

Kelsey Clark became a professional dog walker after she quit a job at a veterinary clinic. When she came back, she needed a dog walker and asked whether I was available. If they get to a time when they're looking for a dog walker, they think of me. When people ask me what I do, they think it's a joke or that dog walking isn't a career you can make good money from. I love dog walking, but I've had some negative experiencesWhile I enjoy walking dogs, I've been in upscale areas and had people yell at me because they think a dog I'm walking is too excited.

☆ I'm a former teacher who booked more than $242,000 in sales last year with my vending-machine business. Here's how I built my company.
▼ + stars: | 2023-02-16 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +5 min

Crystal Warren started her vending-machine business as a side hustle in 2016 while still a teacher. Once I heard that, I went to the library to look up everything I needed to know about vending machines. Crystal WarrenI got up to five vending machines and five locations, then I learned how to find vending-machine locations for other people. You can start a vending business without buying a machineYou can start in the vending-machine business with or without owning vending machines. I've learned a lot on my own about making money, losing money, and working from home to do it.

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