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☆ These are the top 10 cities where Americans are overpaying for houses
▼ + stars: | 2023-06-15 | by ( Phil Rosen | ) www.businessinsider.com time to read: +2 min

The housing market remains tight, and some US cities are seeing homes that are listed more than 40% above their historical value. New data from Florida Atlantic University broke down the most overpriced housing markets in the country. Five of the 10 most overpriced cities are located in Florida. FAU researchers compiled current home price data and compared it to historical trends to find which places Americans were overpaying the most. Below are the 10 most overpriced US cities, with the percentage signifying the premium between current prices and long-term pricing trend.

Persons: —, Ken H, Johnson Organizations: Florida Atlantic University, Service, Florida Atlantic University . Atlanta, FAU Locations: Florida, Atlanta , Georgia, Detroit , Michigan, Tampa , Florida, North Port , Florida, Coral , Florida, Memphis , Tennessee, Lakeland , Florida, Charlotte , North Carolina, Palm Bay , Florida, Winston , North Carolina

☆ Kilauea Erupts in Hawaii With ‘Incandescent’ Glow
▼ + stars: | 2023-06-07 | by ( Remy Tumin | ) www.nytimes.com time to read: 1 min

Kilauea, the youngest and most active volcano on the Big Island of Hawaii, erupted early Wednesday morning, officials said, sending fountains of lava spewing skyward before pooling and spreading across its summit. The U.S. Geological Survey’s Hawaiian Volcano Observatory detected a glow in the web camera of the Kilauea summit and said the volcano began erupting around 4:44 a.m. local time. Less than an hour later, the lava created a brilliant black-and-orange web across the crater’s floor. As dawn broke, a livestream showed lava still bubbling but its surface beginning to harden. “The spreading across the floor of the crater was just totally incandescent,” Ken Hon, the scientist in charge of the observatory, said in an interview.

Persons: Ken Hon, “ Organizations: Geological Locations: Hawaii, U.S

☆ Why running for president has a lot of upsides, even for the candidates who lose
▼ + stars: | 2023-06-03 | by ( Kimberly Leonard | Warren Rojas | ) www.businessinsider.com time to read: +12 min

Often, candidates can even get the book deals before they run for president, especially if there's a lot of buzz around them. CNN host and debate moderator Wolf Blitzer stands in front of the Republican presidential candidates in 2016. outlook has taken hold among both Republican and Democratic presidential candidates. Numerous presidents were once failed presidential candidates, including Lyndon Johnson, Richard Nixon, George H.W. "The only way to learn how to run for president," Sullivan said, "is to run for president."

Persons: —, Donald Trump, Ron DeSantis, Nikki Haley, Sen, Tim Scott of, Asa Hutchinson, Vivek Ramaswamy, Larry Elder, Mike Pence, Chris Christie, Doug Burgum, It's, Marco Rubio's, Terry Sullivan, Sullivan, who've, Pete Buttigieg, Kamala Harris, Kent Nishimura, aren't, Kamala Harris of, Joe Biden, Stacy Rosenberg, Haley, Glenn Youngkin —, Elizabeth Warren, Bernie Sanders, J, Miles Coleman, Ball, Mike Huckabee, Spencer Platt, Rosenberg, Doug Heye, Trump Adam Kinzinger hasn't, Archie Bunker, Trump, Hutchinson, Sanders, Michael Benet of, Biden, Heye, Rubio, John Hickenlooper, Hickenlooper, Wolf Blitzer, David J, Phillip, Hillary Clinton, Scott, Jimmy Carter, Bill Clinton, he's, Coleman, Lyndon Johnson, Richard Nixon, George H.W, Bush — Organizations: Service, GOP, Florida Gov, Arkansas Gov, New, New Jersey Gov, North Dakota Gov, White, Trump, Transportation, Los Angeles Times, Getty, Carnegie Mellon University's Heinz College of Information Systems, Public, Virginia Gov, Publishers, Macmillan Publishing, Senators, University of Virginia Center for Politics, Former Arkansas Gov, Fox News, Netflix, Republican, Democratic, Child Tax, Florida Republican, Capitol, CNN, Georgia Gov Locations: Florida, Tim Scott of South Carolina, Arkansas, New Jersey, Millenial, South Bend , Indiana, Kamala Harris of California, Virginia, Iowa, California, Illinois, United States, Michael Benet of Colorado, Colorado, New Hampshire

☆ New York teens arrested and charged with stealing, killing, and eating a swan that was a town mascot for over 10 years
▼ + stars: | 2023-06-02 | by ( Associated Press | ) www.businessinsider.com time to read: +3 min

Police say teens stole a swan family from a New York village pond and ate the mother swan. The mother swan had lived in the town for over 10 years; residents are mourning the loss. An 18-year-old faces charges for theft and killing the swan, which is illegal in New York. "The mother swan was consumed," Manlius Mayor Paul Whorrall said Wednesday. Elizabeth Doran/APFor over a decade, Faye and Manny swanned about in the village pond, and each spring hatched and raised cygnets.

Persons: —, Faye, Paul Whorrall, Ken Hatter, Manny, Whorrall, Elizabeth Doran, Manny swanned, Michael Bean, cygnets, weren't, Hatter Organizations: Service, Syracuse Locations: New York, Manlius, North America, Syracuse, Salina

☆ 3 New York teens arrested in connection with killing and ‘consuming’ beloved village swan, police say
▼ + stars: | 2023-06-01 | by ( Zenebou Sylla | ) edition.cnn.com time to read: +3 min

CNN —Three teenagers have been arrested in connection with killing and “consuming” a beloved swan in a Syracuse, New York, suburb, and stealing four young swans this week, police said. A mature female swan named Faye and her four young swans, also known as cygnets, were reported missing from the swan pond Monday, police in the village of Manlius said. The three friends, who attend the same high school, hopped over the fence surrounding the swan pond in the middle of the night, Hatter said. We will continue to have swans,” Whorrall said. The swans have been in Manlius since 1905, according to Whorrall, and the village cares for and feeds them.

Persons: Faye, Tina Stanton, Stanton, Ken Hatter, Hatter, ”, Manlius Mayor Paul Whorrall, Faye’s, Manny –, Whorrall, ” Whorrall, “ We’ll, Manlius, old’s, ” Hatter Organizations: CNN, Police, Manlius Mayor, New York’s Department of Environmental Conservation Locations: Syracuse , New York, Manlius, New York

David Solomon has been Goldman Sachs' CEO for over four years since succeeding Lloyd Blankfein. There's been a lot of talk about the morale at Goldman Sachs. Solomon said there were fewer "partner transitions at Goldman Sachs" in 2022 than any year "going back to 2014." Meanwhile, Solomon's expensive foray into consumer banking raised the ire of some longtime Goldman partners, as Insider has previously reported. The fresh faces among the Goldman Sachs executives who took the stage at the bank's investor day highlight the leadership changes under Solomon.

☆ Local GOP politician resigned after police found him passed out in his car holding what appeared to be a crack pipe
▼ + stars: | 2023-05-19 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +3 min

Matthew R. Reilly, a city council member and ex-chair of his local GOP in Rhode Island, has resigned. Bodycam footage of the incident shows Reilly passed out in his car with a crack pipe in his hand. "You have a crack pipe in your hand," one police officer responded, according to the bodycam footage. In the footage, Reilly, who is an attorney, said he had a relapse after 13 years of being sober following a bad divorce. Reilly, who also resigned as head of the local GOP earlier this week, did not immediately respond to Insider's request for comment.

☆ Biden Faces Rough Month as Debt Talks, Potential Border Surge Loom
▼ + stars: | 2023-05-06 | by ( Catherine Lucey | Ken Thomas | ) www.wsj.com time to read: 1 min

WSJ’s Ken Thomas breaks down how the political landscape has changed since 2020 and what challenges President Biden will face in 2024. Photo illustration: Ryan TrefesWASHINGTON—President Biden is staring down a rough month just as his re-election campaign is getting off the ground. The White House faces a series of wrenching issues that could weaken his political standing and distract from his effort to sell his accomplishments, including a clash with Republicans over raising the debt ceiling and an expected surge of migrants along the U.S. southern border as the pandemic-era Title 42 policy comes to an end May 11. The recent seizure of another failing bank could add to voters’ uncertainty about the health of the economy.

☆ US Declining Population, Worker Shortage Will Cause Economic Crisis Without a Fix
▼ + stars: | 2023-05-04 | by ( Gadel Valle | ) www.businessinsider.com time to read: +15 min

That means that unless people start having a lot more kids, the US population could eventually start to shrink — just like China's population has. While the US population has managed to avoid an outright drop, population growth reached an unprecedented low of 0.12% in 2021. One way the US could encourage more immigration is by focusing on temporary visas for specific industries that need workers. And the treatment of workers in the country on temporary visas has been a problem for decades. After all, the US is running out of options, and soon its growing people shortage is going to spell economic disaster.

☆ These Are the Best Pillows for Stomach Sleepers
▼ + stars: | 2023-05-03 | by ( ) www.wsj.com time to read: +16 min

By Lisa LombardiIf you’re a stomach sleeper, you’ve likely shopped for squishy, soft pillows in the past. That’s why finding the ideal pillow for stomach sleepers can prove to be difficult. It cushioned my head without allowing it to collapse into the mattress, like some other soft pillows do. Best upgrade pillow for stomach sleepersCozy Earth Silk Pillow $224 at Cozy Earth $ 299 Save $ 75 Silk-filled with a breathable bamboo cover, this pillow is a luxe pick for stomach sleepers who tend to overheat while they sleep. This flexibility proves particularly helpful for stomach sleepers, since getting the right loft is important to avoiding neck discomfort.

☆ Halep questions long delay in doping hearing
▼ + stars: | 2023-04-27 | by ( ) www.reuters.com time to read: +3 min

[1/3] Aug 29, 2022; Flushing, NY, USA; Simona Halep of Romania hits to Daria Snigur of Ukraine on day one of the 2022 U.S. Open tennis tournament at USTA Billie Jean King National Tennis Center. In an interview with Tennis Majors, her first since learning of her failed drugs test, Halep said she has so far been denied her right to be heard by an independent court. Halep says she has undertaken 10 tests since her positive result, with all of them coming back negative. She now hopes to have a hearing in May but fears that may also be cancelled. I really want to play again because I love this sport and I want to play for the big titles again."

☆ Ken Potts, Oldest Survivor of U.S.S. Arizona Sinking, Dies at 102
▼ + stars: | 2023-04-25 | by ( Sam Roberts | ) www.nytimes.com time to read: +1 min

Ken Potts, the oldest known survivor of the Japanese sneak attack that sunk the battleship Arizona at Pearl Harbor in 1941, taking the most lives ever lost on an American warship, died on Friday at his home in Provo, Utah, less than a week after celebrating his 102 birthday. His death was announced by the National Park Service, which administers the U.S.S. Arizona Memorial in Pearl Harbor, Hawaii, above the sunken hull where the remains of more than 900 of the 1,177 sailors and Marines who were killed in the attack are still entombed. Lou Conter, a 101-year-old Californian, is now believed to be the only living survivor among the Arizona crewmen who escaped the inferno that Sunday morning. Only 93 of those who were aboard the ship at the time lived; 242 other crew members were ashore.

☆ A 13-year-old boy was groomed publicly on Twitter and kidnapped, despite numerous chances to stop it
▼ + stars: | 2023-04-25 | by ( Ben Goggin | ) www.cnbc.com time to read: +19 min

On the Hunter Fox Twitter account, the adult interacted directly with the boy's account, where he posted selfies of himself on a school bus and in other locations. Their teen son had plenty of friends, his parents said, and liked to play golf and build Legos. Heather McConney's teen son communicated with the man accused of grooming him through an Apple iPhone. The suspect's primary Twitter account appears to have been @HunterFloofyFox. After the worst day of their lives, the McConneys' son was recovered early on the morning of Dec. 28 in Nebraska.

☆ The Best Pillows for Side Sleepers, According to Experts
▼ + stars: | 2023-03-27 | by ( ) www.wsj.com time to read: +13 min

Best memory foam pillow for side sleepersSaatva Graphite Memory Foam Pillow $165 at Saatva This responsive and well-cushioned pillow is also cooling, thanks to its graphite-infused memory foam. (It’s technically made with shredded memory foam around a latex core.) More than other memory foam pillows we tested, the Saatva takes the shape of your head and neck—as in, you can see your form in the pillow. Another plus: It feels cool to the touch, which we found isn’t always the case with memory foam pillows we’ve tried. The company uses both graphite and gel in its memory foam to carry heat away from your body.

☆ FedEx warns it won't bail out UPS customers at the last minute if drivers strike
▼ + stars: | 2023-03-18 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +4 min

The Teamsters Union has threatened a UPS strike when its contract expires in July. UPS CEO Carol Tomé has repeatedly said that a "win-win-win" is "very achievable" for the Teamsters, UPS employees at large, and the company, despite the union's spicy rhetoric. But even the threat of a UPS strike this summer, which would be the first since 1997, is already driving some UPS customers to look for alternative shipping options. Carere also suggested that FedEx is not interested in serving as a temporary solution for UPS customers. FedEx customers were alerted to the March 31 in a letter distributed earlier this month.

☆ FedEx earnings will likely be significantly impacted by cost-cutting
▼ + stars: | 2023-03-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFedEx earnings will likely be significantly impacted by recent cost-cutting measuresBofA Securities' Ken Hoexter explains what to expect from FedEx earnings.

☆ Banking crisis differs from Texas banking crash, says Academy Sports and Outdoors' Hicks
▼ + stars: | 2023-03-16 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBanking crisis differs from Texas banking crash, says Academy Sports and Outdoors' HicksKen Hicks, Academy Sports and Outdoors, Inc. CEO, joins 'The Exchange' to discuss signs of consumer stress, signs of a slowing economy and takeaways from the Texas banking crash.

☆ Nestle, Tyson and other food giants bet on air fryer boom to grow sales
▼ + stars: | 2023-03-05 | by ( Amelia Lucas | ) www.cnbc.com time to read: +4 min

An Air Fryer for sale at Kroger Marketplace in Versailles, Kentucky, U.S., on Tuesday, Nov. 24, 2020. Adam Graves, president of Nestle U.S.'s pizza and snacking division, said the company is leaning into the air fryer boom through its frozen food brands, specifically to offer customers more value. Other Nestle products, like Hot Pockets, now include air fryer cooking instructions alongside directions for heating up in the microwave and oven. Tyson is also a third of the way through adding air fryer directions to its packaging for its frozen prepared foods. The air fryer directions are boosting Tyson's brand favorability, according to Hall, who cited recent brand health data.

☆ Since David Solomon became Goldman Sachs CEO, more than 80 partners have left. See the running list here.
▼ + stars: | 2023-03-03 | by ( Carter Johnson | Dakin Campbell | ) www.businessinsider.com time to read: +6 min

David Solomon has been Goldman Sachs' CEO for more than four years since succeeding Lloyd Blankfein. There's been a lot of talk about the morale at Goldman Sachs. In reality, Solomon said, there were fewer "partner transitions at Goldman Sachs" in 2022 than any year "going back to 2014." "At the moment, year-to-date, our turnover is at a 5-year low, not just for partners, in the whole firm," Solomon added. Here is a running list of Goldman's partners that have retired from the firm — or moved on to roles at other companies — since Solomon became CEO.

☆ Bank of America upgrades Union Pacific after railroad operator says new CEO coming in 2023
▼ + stars: | 2023-02-27 | by ( Hakyung Kim | ) www.cnbc.com time to read: +1 min

Bank of America says it's time to buy Union Pacific after the company announced its current CEO, Lance Fritz, would be stepping down this year. Analyst Ken Hoexter upgraded the railroad operator's shares to buy from neutral. Hoexter said the leadership change shows the company is prioritizing an operational fix after it was flagged for poor service by the Surface Transportation Board last year. The firm expressed optimism for the frontrunner for Fritz's replacement — former Union Pacific COO Jim Vena — citing his strong track record at the company. Hoexter raised his price target to $241 from $218, implying a 25% upside from Friday's closing price.

☆ Ghanaian player Atsu's partner appeals for equipment to help rescue in Turkey
▼ + stars: | 2023-02-10 | by ( ) www.reuters.com time to read: +2 min

Feb 10 (Reuters) - Claire Rupio, partner of soccer player Christian Atsu who remains missing after two devastating earthquakes struck Turkey and Syria on Monday, has called for equipment to be sent to the collapsed building where the Hatayspor winger was living. Atsu, was reported to have been rescued from the rubble with injuries and transported to hospital after the quakes. However, Hatayspor director Volkan Demirel told Reuters on Wednesday the Ghanaian player was still missing. "The situation remains the same, Christian Atsu has still not been found. Atsu, 31, joined Hatayspor in September of last year after nearly a decade at English clubs Chelsea and Newcastle United.

☆ NFTs are back, and this time they could wreck havoc on the crypto market
▼ + stars: | 2023-02-07 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +4 min

Imagine if it's actually a way to serve fast food without you realizing it. Bored Ape Yacht Club NFTs in Times Square during an NFT conference in June. Look, the idea of borrowing against artwork is actually a well established, and smart, way to manage your money. Crypto's track record with risk management leaves a lot to be desired, and crypto lenders haven't exactly been crushing it. Here's more on how the bankrupt crypto exchange is trying to take back the $90 million in political donations.

☆ After bloody failures in Ukraine, Russians are reconsidering the role of their military's 'elite' paratroopers
▼ + stars: | 2023-02-07 | by ( Michael Peck | ) www.businessinsider.com time to read: +7 min

The issues raised about the role and value of paratroopers are not unique to Russia's military. Russian paratroopers in the Kyiv region in March 2022. Russian paratroopers unload a truck from an IL-76 to join the NATO peacekeeping operation in Bosnia in January 1996. That point underlines the debate about the value of airborne forces — a debate that isn't unique to Russia. That battle, an ignominious Allied defeat, has stood as a lesson in the limits of airborne forces.

☆ Citi upgrades FedEx to a buy as shipping giant focuses on controlling costs
▼ + stars: | 2023-02-02 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

After the mishaps of 2022, FedEx is "getting serious" about reducing and controlling its costs and that should bode well for the shipping giant, according to Citi. FDX YTD mountain FedEx shares are up nearly 17% in 2023. FedEx said in December it plans to cut costs by $1 billion in 2023 by closing offices and parking planes as demand softens and global volumes declines. The analyst also upgraded FedEx to buy and lifted the his price target to $233 from $204 a share, citing increasing confidence in the company's outlook. FedEx shares have jumped nearly 17% in 2023 after a 33% decline in 2022.

☆ Inside Ken Griffin's rise to one of Wall Street's most powerful people, and why politics could be next
▼ + stars: | 2023-01-23 | by ( Dakin Campbell | ) www.businessinsider.com time to read: +30 min

JB and I are not on speaking terms these days," said Ken Griffin, the billionaire hedge-fund manager, referring to JB Pritzker, the Democratic governor of Illinois. As Florida rolled back pandemic restrictions more quickly than Chicago, even more Citadel employees migrated south. Ken Griffin's hedge fund has had a run of eye-popping returns since 2020. Others worry that it gives Griffin's hedge fund an unfair advantage. Hundreds of Citadel employees, partners, and families gathered at the Orange County Convention Center in Orlando Florida.

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