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In the fall, I'm going on a trip with some of my girlfriends from college. Really, really good. I don't have 7 million euros to buy five properties across Europe. AdvertisementWould I move to more suburban New Jersey so I could buy a house? I would not make the calculus to move — whether that's another city, or another state, or a suburb — to buy a house.
Persons: , Amy Beihl, I've, they're, I'm, There's, Homeownership Organizations: Service, Business, Colgate University, Mallorca Locations: York, New York, Mallorca, Spain, Italy, France, Tuscany, England, Stockholm, Europe, Swedish, I'm, New York City, New Jersey, that's, America
In contrast, monetary policy refers to actions taken by a country's authority on money — the Federal Reserve in the U.S. — to reach a desired economic outcome. Fiscal policy and monetary policy are implemented independently, even as one impacts the other. Expansionary fiscal policy combined with contractionary monetary policy. Contractionary fiscal policy combined with expansionary monetary policy. Now consider a situation in which the Fed is easing its monetary policy while Washington raises taxes, thus reducing after-tax income.
Persons: it's, we've, Apple, Jim Cramer's, Jim Cramer, Jim Organizations: Federal, White House, nab, Federal Reserve, U.S, CNBC, Treasury, Fed, Companies, Jim Cramer's Charitable Locations: U.S, Washington
MOORESVILLE, N.C. (AP) — A suspect in a weekend shooting that killed two people and injured another at a North Carolina home died in a shootout with deputies hours afterward outside another house, a sheriff said Sunday. The deputies and four minor children inside the home with Strawser weren't hurt, he added. The sheriff's office said Strawser and the three who were shot knew each other, so it wasn't a random home invasion. With the house surrounded, sheriff's office negotiators tried to get Strawser to come out, according to Campbell. Photos You Should See View All 60 ImagesAuthorities said some of the bullets fired by Strawser hit sheriff's office vehicles.
Persons: Darren Campbell, Justin Michael Strawser, Strawser weren't, Strawser, Campbell Organizations: North, North Carolina State Bureau of Investigation Locations: N.C, North Carolina, Iredell County, Mooresville
Susan Niebergall worked out for decades but didn't lose fat until she addressed her nutrition. All I knew was that I wasn't eating much, I was hungry, and I had no idea how to maintain it." "I didn't track anything, I just started eating smaller portions. A little while after, Niebergall started to track calories and protein, which helped her learn how much she should be eating. Niebergall doesn't track her food intake anymore, but she's still focused on her performance goals.
Persons: Susan Niebergall, it's, , Susan Niebergall couldn't, Niebergall, she's, she'd, I'm, Jordan Syatt, Syatt, It's Organizations: Service, Mayo Clinic, Research, Syatt's
But where banks' exposure to commercial real estate is concerned, locating that fire may be difficult. Rising interest rates quickly increased the cost of borrowing for investors in commercial real estate, including offices and multifamily homes. It doesn't reveal details such as borrowers' track records, said Mark Hillis, a former chief risk officer for commercial real estate at JPMorgan. There's also varying concentration risk: the largest banks with commercial real estate exposure are more diversified, meaning that any losses won't be as devastating, Baker said. "We think very few banks will run into issues just from their commercial real estate exposure," Reidy said.
Persons: Michael Barr, Jerome Powell, Todd Baker, Mark Hillis, Clifford Rossi, Robert H, Rossi, Baker, There's, Hillis, multifamily, haven't, You'll, Banks, you'll, Rebel Cole, NYCB, Matt Reidy, Reidy, Cole Organizations: Federal Reserve, Business, York Community Bank, SEC, Richman Center for Business, Law, Columbia University, JPMorgan, Smith, Smith School of Business, University of Maryland, Mortgage Banker's Association, Bank, Signature Bank, First, Countrywide Bank, Washington Mutual, Citigroup, multifamily, Florida Atlantic University, Federal, Regulators, TCRE, Equity RCRE, Community Bank, Provident Bank NJ, Merchants Bank of Indiana, Apple Bank for Savings, Oceanfirst Bank, Independent Bank, Lakeland Bank NJ, Ozk, Washington Federal Bank WA, Axos Bank, Sandy Spring Bank, Columbia Bank NJ, Farmers, Merchants Bank of CA, Popular Bank, Pacific Premier Bank, United Bank, Trust, Rockland Trust, Umpqua Bank, ServisFirst Bank, Bell Bank, Stellar Bank, National Bank of, National Bank of Florida FL, New York Community Bank Locations: multifamily, Basel, CRE, California, Rockland, National Bank of Florida
Read previewJapanese and Korean carmakers cracked the US market long ago — but don't expect Chinese EV seller BYD to repeat that feat. Advertisement"It'd be very difficult for a Chinese EV maker to enter the US market," Seth Goldstein, an equity strategist at Morningstar, told Business Insider. The bill, a key part of US President Joe Biden's economic agenda, offers tax credits worth up to $7,500 for EV makers, excluding any "Foreign Entity of Concern." BYD isn't the only company turning its back on the US EV market. Given that EV sales growth is stalling in US, it's perhaps little wonder companies like BYD are not too bothered.
Persons: , There's, Tesla, We're, Stella Li, BYD, Seth Goldstein, I'm, Suzuki, Jim Farley, Will Roberts, Goldstein, Roberts, Joe Biden's, Joe Biden, Demetrius Freeman, Rho Motion's Roberts, you'd, Li, carmakers Organizations: Service, Yahoo Finance, Business, Morningstar, Toyota, Motors, Nissan, Mazda, Lexus, Honda, Mitsubishi, Korea's Hyundai, Kia, North, Ford, EV, Rho, Energy, Treasury, Washington Post, Cox Automotive, Apple Locations: Korean, North America, , China, North American, Russia, Iran, North Korea, Brazil, Thailand, Americas, Asia, South America
Similarly, it's hard to tell how "3 Body Problem" will pan out even from its first season, which by the end still feels like it's only barely gotten started. Netflix"3 Body Problem" is based on Chinese author Liu Cixin's "Remembrance of Earth's Past" trilogy. The modern-day storyline is less compelling — at least so farJin Cheng (Jess Hong) and Jack Rooney (John Bradley) in "3 Body Problem." "3 Body Problem" has a "Contact"-like bent, in that it attempts to use science and extraterrestrial life to interrogate the idea of God itself. But "3 Body Problem" is worth your time, if at least to see what some of television's greatest hitmakers have taken on next.
Persons: David Benioff, Weiss, Liu Cixin's, Alexander Woo, , Benioff, Carl Sagan fan's, Ye Wenjie, Ye Zhetai, he's, she's, Wenjie, Rosalind Chao, Tseng, Derek Tsang, Jin Cheng, Jess Hong, Jack Rooney, John Bradley, Ed Miller, alums, Da Shi, Benedict Wong, Thomas Wade, Liam Cunningham, Ye, Woo, It's, Ye Wenjie's Organizations: Netflix, Service, HBO, Amazon's, Tsinghua University Locations: China, Mongolia, London, Oxford
A boomer and her husband moved to southwest Florida from Minnesota to start her clothing business. They moved to southern Minnesota, then northern Minnesota to an off-the-grid cabin an hour north of Duluth. They knew northern Minnesota was not conducive to starting a business, so they considered Florida an ideal location. She said she's also adjusting to the fishing scene in Florida, which is mainly saltwater, compared to freshwater fishing in Minnesota. Despite all she's been through, Pelton thinks she'll stay in Florida for the time being — the only other place she's considering is India.
Persons: it's, , Barbara Pelton, Little, Ian, Minnesota Pelton, she's, Pelton, she'll Organizations: Service, Survey, Sunshine State, Minnesota, FEMA, Day, Labor Day Locations: Florida, Minnesota, Hurricane, Duluth, snowstorms, India
Income-driven repayment plansIncome-driven repayment plans, which date to 1994, set borrowers' monthly payments based on a share of their discretionary income. "The loan servicers weren't keeping track of the number of qualifying payments," Kantrowitz said in a previous CNBC interview. watch nowThe Biden administration has been evaluating millions of borrowers' loan accounts to see if they should have had their debt forgiven. Most people with federal student loans qualify for income-driven repayment plans, and can review the options and apply at Studentaid.gov. Public Service Loan ForgivenessNavigating the Public Service Loan Forgiveness program has been famously difficult.
Persons: Joe Biden, Shawn Thew, Mark Kantrowitz, Kantrowitz, Biden, George W, Bush Organizations: Chamber, Afp, Getty, CNBC, Education Department, Valuable Education, Public, Consumer Financial Locations: Washington ,
President Joe Biden criticized US Supreme Court justices in the State of the Union address. He hit out at the decision to overturn the Roe v Wade abortion rights ruling. AdvertisementPresident Joe Biden directly challenged US Supreme Court justices in his State of the Union speech Thursday for overturning the landmark Roe v Wade legislation. Biden went on to promise that if Democrats make significant gains in November's election, he'll push to have Roe v. Wade restored. Advertisement"If you, the American people, send me a Congress that supports the right to choose, I promise you I will restore Roe v. Wade as the law of the land again," Biden said.
Persons: Joe Biden, Wade, , Biden, Samuel Alito's, Roe, thunderously, Alito Organizations: Roe, Service, US, State, Union Locations: State, November's
The border collie star of Justine Triet's "Anatomy of a Fall" will not attend the Oscars on Sunday, according to The Hollywood Reporter. And apparently, after an attention-dominating appearance at the annual pre-Oscars nominees' luncheon in February, a few companies with nominees of their own weren't too happy about his presence there. AdvertisementAt the nominees' luncheon, stars from Bradley Cooper, to Ryan Gosling, to Billie Eilish, paid their respects to Messi, The Independent reported. "The ANATOMY OF A FALL dog is this year's Tom Cruise," Buchanan wrote on X. "Everyone at the nominees' luncheon wants to meet him."
Persons: , Messi, Justine Triet's, isn't, Sandra Hüller, Justine Triet, Sandra Voyter, Snoop, Bradley Cooper, Ryan Gosling, Billie Eilish, Kyle Buchanan, Tom Cruise, Buchanan, DA282BQ5uI — Kyle Buchanan, Laura Martin, Palme, we've, Martin, It's Organizations: Service, Hollywood, Business, Hollywood Reporter, Academy, Messi, Independent, The New York Times, Cannes Film Locations: @kylebuchanan, Paris, France, America
Barbara Corcoran once made over $1.2 million by selling 88 apartments in less than three hours. The "Shark Tank" star modeled her strategy on a puppy sale she watched as a child. AdvertisementBarbara Corcoran once sold 88 lousy apartments within three hours, making her $1.2 million, by cribbing from a puppy sale she witnessed as a child. Advertisement"All these fancy city people have come to buy the puppies," Corcoran recalled her mother saying. "I had almost 180 people waiting for me, the morning of the puppy sale, the morning of the one-price sale," she recalled.
Persons: Barbara Corcoran, , Jack Russell, Tim Ferriss, Corcoran, must've, Corcoran — Organizations: Service, cribbing, Corcoran Group Locations: New York, New Jersey, New York City,
In today's big story, we're looking at Sam Altman's sprawling AI empire amid his beef with Elon Musk . AdvertisementBut first, the sun never sets on Sam Altman's AI empire. OpenAI CEO Sam Altman was thrust into the mainstream consciousness with the release of ChatGPT in 2022. Elon Musk and Sam Altman Michael M. Santiago/Getty, Nordin Catic/Getty, Tyler Le/BIThere is another tech billionaire whose vision exceeds a singular company. But unlike Musk, Altman has, somewhat incredibly, mostly skirted controversy (save for his ouster-then-return saga ).
Persons: , There's, Sam Altman's, Elon Musk, Alastair Grant, Rebecca Zisser, Sam Altman, Altman, Darius Rafieyan, Sam Altman Michael M, Nordin Catic, Tyler Le, Elon, Musk, OpenAI, execs, Altman isn't, Robert Downey Jr, Tony Stark, Goldman Sachs, Jenny Chang, Rodriguez, Neema Raphael, Goldman's, Jerome Powell, Powell, Li Qiang's, Xi Jinping, Fernando Gutierrez, leapfrog, Ridley Scott's, Napoleon, BI's Peter Kafka, Elon Musk's, Joe Biden, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb, George Glover Organizations: Service, Elon, Business, OpenAI, Microsoft, Goldman, Beijing, Nvidia, leapfrog Apple, Apple, Google, FTC, Facebook, Variety, Tesla, Costco, Kroger, Digital Locations: China, Delaware, New York, London
Following the Foot Locker debacle earlier this week, there could be more turmoil in the retailer space. Because publicly traded companies provide quarterly financial reports, historic revenue growth and earnings multiples are available to everyone. Earlier this week, I wrote that Foot Locker 's outperformance relative to Nike was hard to comprehend. Dick's did not fall in sympathy with Foot Locker as Academy did, and admittedly Dick's is a very different business than Foot Locker. Observe that their revenues have more than tripled over the past 10 years even as Foot Locker has languished: That said, broader economic trends, while they may not affect all businesses equally, still matter.
Persons: it's, Dick's, Foot Locker, Locker Organizations: Investors, Nike, Academy Sports, Dick's Sporting
Read previewDisney CEO Bob Iger is finally listening to the people's demands and focusing on quality films — but don't expect that to mean Marvel movies are going away. This story is available exclusively to Business Insider subscribers. "Quantity can be actually a negative when it comes to quality, and I think that's exactly what happened," Iger said during an earnings call in November. AdvertisementHowever, Iger also said that the company is scaling down on the MCU and releasing fewer movies. Representatives for Disney did not immediately respond to a request for comment sent by Business Insider.
Persons: , Bob Iger, Morgan Stanley, Iger, you've, he's, Nolan, Oppenheimer, it's Organizations: Service, Morgan, Morgan Stanley Technology, Media & Telecom Conference, Business, Disney, Marvel Locations: San Francisco
And February, as well the previous two winter months, soared well past the internationally set threshold for long-term warming, Copernicus reported Wednesday. February 2024 averaged 13.54 degrees Celsius (56.37 degrees Fahrenheit), breaking the old record from 2016 by about an eighth of a degree. Climate scientists say most of the record heat is from human-caused climate change of carbon dioxide and methane emissions from the burning of coal, oil and natural gas. Additional heat comes from a natural El Nino, a warming of the central Pacific that changes global weather patterns. The three-month period was the most any season has been above pre-industrial levels in Copernicus record keeping, which goes back to 1940.
Persons: Copernicus, El, it’s, , Jennifer Francis, ” Francis, El Nino, Francesca Guglielmo, , Brian McNoldy, Natalie Mahowald, Francis, ___ Read, Seth Borenstein Organizations: WASHINGTON, European Union, El Nino, El, Climate, University of Miami, Cornell University, Associated Press Locations: European, Paris, El, El Ninos, AP.org
I knew my cabin would be small, but once on board, I was still shocked when I saw it for the first time. Inside the author's shared Nightjet cabin. Joey Hadden/InsiderAccording to OBB Nightjet, my cabin was built to fit six people inside a 74-square-foot space. I was surprised by how little personal space I had even when it was still just one other passenger and me. I couldn't imagine six people squeezing in there, and I was grateful that we weren't booked to the max.
Persons: Joey Hadden Organizations: OBB Nightjet
A millennial woman started secretly working a second remote job in January to boost her income. Nicole is among a niche group of people secretly working more than one remote job and getting away with it. This year, the Washington-based 30-year-old is on track to earn nearly $100,000 across two remote jobs, according to documents viewed by Business Insider. Differences in gender roles and expectations could also be holding some women back from pursuing overemployment, Nicole said. Are you working multiple remote jobs at the same time and willing to discuss details about your pay and schedule?
Persons: , Nicole, she's, overemployment, hasn't, jugglers, doesn't, Overemployment, she'd, She'd Organizations: Service, Fortune, LinkedIn, Business, WomenTech Network Locations: Washington, overemployment
NEW YORK (AP) — New York prosecutors abruptly dropped their criminal case midtrial Wednesday against three men who had been accused of conspiring to possess a cache of hand-drafted lyrics to “Hotel California” and other Eagles hits. The raft of communications emerged only when Eagles star Don Henley apparently decided last week to waive attorney-client privilege, after he and other prosecution witnesses had already testified. “Witnesses and their lawyers” used attorney-client privilege “to obfuscate and hide information that they believed would be damaging," Judge Curtis Farber said in dismissing the case. Through their lawyers, the men contended that they were rightful owners of pages that weren't stolen by anyone. In a letter to the court, Ginandes, the prosecutor, said the waiver of attorney-client privilege resulted in the belated production of about 6,000 pages of material.
Persons: Aaron Ginandes, Don Henley, hadn’t, “ Witnesses, , Curtis Farber, Glenn Horowitz, Craig Inciardi, Edward Kosinski, ” Jonathan Bach, Horowitz, Inciardi, , Scott Edelman, ” Edelman, Dan Petrocelli, Henley, ” Petrocelli, wasn't, hasn't, Ginandes Organizations: , , Eagles, Manhattan, Roll Hall of Fame, Prosecutors, Henley Locations: York, “ Hotel, U.S
Read previewOn Wednesday, 83 House Republicans voted against a roughly $460 billion package of bills to fund large swaths of the federal government. Forty of them did so despite requesting — and securing — millions of dollars in federal funding for a variety of projects in their districts. AdvertisementRep. Tim Burchett of Tennessee also voted against the bill, despite securing more than $12 million for his district. But Republicans weren't the only ones to vote against the bill on Wednesday, despite securing earmark funding. AdvertisementHere are the 40 Republicans who voted against the bill, despite securing earmark funding:
Persons: , Lauren Boebert, Sleepy Joe, Democratic Sens, Michael Bennett, John Hickenlooper, There's, Tim Burchett, we've, Burchett, It's, congressionally, Tom Williams, bipartisanship, Nancy Pelosi —, Maria Elvira Salazar, Sen, Tommy Tuberville, weren't, Maxwell Frost of Florida, Mark Takano, — Maxwell Alejandro Frost Organizations: Service, Republicans, Colorado Republican, Green New, Business, Green, Deal, Democratic, Republican, East, University of Tennessee Medical Center, Data Engineering, Lincoln Memorial University, Getty, Infrastructure Law Locations: Wolf, Craig, East Tennessee, Knoxville, Harrogate, Kentucky, Tennessee, Maria Elvira Salazar of Florida, Alabama, California
Jeramey Lutinski reacted to the controversial jet ski scene in "Love is Blind" season six. On Instagram, Lutinski said he doesn't condone his actions in the series. Lutinski faced a backlash after the latest episodes of "Love is Blind" season six, which arrived on Netflix on February 28. After that, Lutinski went straight back to Bick to discuss how they could move on. AdvertisementBick also commented on the post, simply writing: "*grabs jet ski*.
Persons: Jeramey Lutinski, Sarah Ann Bick, Laura Dadisman, Lutinski, , Dadisman, Bick, he'd, hasn't, she's Organizations: Service, Netflix, Jet Locations: Bick, Dadisman
An assumable mortgage allows qualifying buyers to acquire the interest rate, current principal balance, and other conditions of a seller's existing loan. AdvertisementGrace: An assumable mortgage is not a new loan, you're just taking over the owner's loan term and interest rate. Grace: We talked about the assumable mortgage for about a day and decided we were going to go for it. He put us in contact with an assumable loan expert, Mark McDonough, and he quickly became one of the most important people on our side. AdvertisementNow that our assumable mortgage is saving us about $2,000 each month, it makes the stress a little less because we have the option of having more money available.
Persons: , Grace Lucchese, Mickey Ricard, Mickey, Ricard, It's, Mickey's, Grace Lucchese Mickey, Grace, Mark McDonough, they'd, Mark, Paul, We're, Grace Lucchese Grace, We've Organizations: Service, Business, Lucchese Locations: Westford , Massachusetts, Massachusetts, Lawrence, Framingham, Sudbury, Boston, The couple's Massachusetts
-WASHINGTON — Labor unions, domestic manufacturers, business associations and other interest organizations on Wednesday announced a bipartisan coalition to target an import loophole allowing billions of un-taxed goods into the U.S."The coalition we have assembled is a testament to the mounting pressure to close the de minimis loophole," Rep. Earl Blumenauer, D-Ore., said. The ranking member of the House Ways and Means Subcommittee on Trade is working in conjunction with the new Coalition to Close the De Minimis Loophole. CBP said it processed over 1 billion de minimis shipments in FY '23, according to a report last modified on March 1. The company has been valued at over $66 billion according to a November report, while PDD reported third-quarter revenue of $9.44 billion that month. "Our industry has lost astonishingly 10 plants in five months as a result of the de minimis loophole," Glas told reporters.
Persons: Rep, Earl Blumenauer, minimis, Blumenauer, Mike Gallagher, Gallagher, Neal Dunn, Sherrod Brown, Marco Rubio, Dunn, Dan Bishop, Rosa DeLauro, Conn, Shein, PDD, Kim Glas, Glas Organizations: Port, WASHINGTON — Labor, Wednesday, Trade, Coalition, Chinese Communist Party, U.S . Customs, CBP, CNBC, House CCP Committee, PDD Holdings, National Council of Textile Organizations, AFL, Alliance for American Manufacturing, Coalition for, Prosperous Locations: China, Port of Los Angeles, Long Beach , California, U.S, United States, Sens, Ohio, Singapore, Prosperous America
This article is part of "Talent Insider," a series containing expert advice to help business owners tackle a variety of hiring challenges. And so what we look at for diversity, equity, and inclusion is to really help people understand the points of commonality. I think that's what makes us different. I think you can never effectively make change if you're only trying to communicate with someone from a digital-marketing campaign. I mean, we all know people have different experiences and different messaging and different types of insights ultimately inform their belief system.
Persons: Brothers John, Mike Burns, Tim Paradis, John, George Floyd, Burns, it's, we're, John Burns, we've, , I've, you've Organizations: Fortune, Burns Locations: Washington ,, Nairobi, Kenya, America, Washington, Alabama
John Fetterman and Bob Casey yanked their support for $1 million in funding for an LGBTQ+ center. But Fetterman says he wasn't part of that decision and was "horrified" when he found it. NEW LOOK 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 . AdvertisementSen. John Fetterman's office issued a letter on Tuesday rescinding a request for $1 million in federal funding for an LGBTQ+ community center.
Persons: John Fetterman, Bob Casey yanked, Fetterman, , Sen, John Fetterman's Organizations: Service, Pennsylvania Democrat, Business Locations: Sens, Pennsylvania
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