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☆ Haiku Stairs: 14 people arrested for illegal hiking in Hawaii
▼ + stars: | 2024-09-09 | by ( Lilit Marcus | ) edition.cnn.com time to read: +2 min

CNN —Hawaii’s most controversial nature spot has once again become a center of concern, with 14 people recently arrested for accessing the Haiku Stairs on the island of Oahu according to officials. Eight of the 14 were arrested on September 3, although it’s not clear if they were hiking together. The Haiku Stairs, sometimes called the “stairway to heaven,” were closed to the public in 1987. In 2021, the Honolulu City Council voted to remove the Haiku Stairs. A local group called Friends of the Haiku Stairs is pushing back against the stairs’ removal, arguing that the $2.5 million process is too expensive.

Persons: CNN —, it’s, ” Jason Redulla, ”, DOCARE, YouTubers Organizations: CNN, US Navy, Hawaii’s, of Conservation, Resources Enforcement, Honolulu City Locations: Oahu, Kaneohe, Honolulu, Hawaii

☆ Video: Pope flies to remote area of Papua New Guinea determined to show solidarity
▼ + stars: | 2024-09-08 | by ( Jackie Castillo | ) edition.cnn.com time to read: 1 min

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☆ A Gen Xer with an MBA can't get a job despite over 1,500 job applications. He said his degrees have been useless.
▼ + stars: | 2024-09-08 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +9 min

Read previewMarcial Quinones, 48, used to have few problems getting jobs in the 1990s without a high school diploma. Now, after what he estimates is over 1,500 applications since the early 2010s, he can't land any stable job in his field even with an MBA. Quinones is one of many Americans with traditional work credentials who can't land a decently paying, stable job. This comes at a time when getting a college degree is much more necessary to landing a well-paying job. He recalled walking from company to company with résumé in hand, which resulted in some job offers.

Persons: —, Marcial Quinones, Quinones, he's, " Quinones, I've, I'm, Uber, they've, He's, Tony Organizations: Service, Business, Salvation Army, Intel, BI Locations: Pennsylvania, Arizona, New Jersey, Puerto Rico

☆ Why the father of 'life planning' says you're managing money the wrong way
▼ + stars: | 2024-09-08 | by ( Greg Iacurci | ) www.cnbc.com time to read: +6 min

George Kinder Kinder Institute'You should be focused on your dream of freedom'Greg Iacurci: What is the basic premise of the life planning movement? George Kinder Kinder InstituteGI: But that's not necessarily to say that the way that people are saving is wrong, right? Maybe you're doing more remote work. Maybe you're already looking at where it is you want to stay, and figuring out how, in a year or two, you can spend three months there. So you're moving actively toward the freedom as part of the program of financial planning, of your financial life.

Persons: George Kinder, Greg Iacurci, I've, they've, It's, you've, it's, they're Organizations: George Kinder Kinder Institute, GK, Street, Kinder Institute of Life Locations: West Virginia, Ohio

☆ Amid AI boom, tech can't afford to neglect spending in these IT areas
▼ + stars: | 2024-09-08 | by ( Bob Violino | ) www.cnbc.com time to read: +6 min

Data analytics and decision-makingIn the digital economy, data is gold. Those organizations that leverage data and data analytics well can improve the customer experience and move out in front of competitors. With advancements in data analytics, companies can take advantage of real-time data processing, predictive analytics, and AI-powered analytics to make informed decisions quickly, Gilchrist said. AI, as neededYes, companies should continue to invest in AI solutions, but in many cases with a more discerning approach. "AI investments should focus on areas where automation, predictive analytics, or AI-driven insights can solve specific business problems or create new revenue streams."

Persons: Christopher Gilchrist, Forrester, Gilchrist, Janelle Hill, Hill Organizations: Gartner, IT, Investments

☆ 5 careers in the space industry that new grads should focus on, according to a VC
▼ + stars: | 2024-09-07 | by ( Robin Madell | ) www.businessinsider.com time to read: +6 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. A 2024 report from McKinsey & Co. estimates the global space economy will balloon to $1.8 trillion by 2035, fueled by advances in AI. Chad Anderson, founder and managing partner of Space Capital, one of the first early-stage VC firms to focus exclusively on the space economy, told Business Insider that the space economy has plenty of technical career paths available. Anderson — who's invested in dozens of space ventures, including SpaceX, moon landers, satellites, and space tech, and founded Space Talent, an online resource for jobs in the space field and tech industry — shared his perspective as a VC on the top five careers in space that are on the rise. Specifically, expect heightened demand for orbital interior designers, space suit designers, space station industrial designers, and other lifestyle consultants for long-term tourism trips and crewed platforms.

Persons: —, Chad Anderson, Anderson — who's, landers, Anderson —, Anderson, they'll, you've, it's Organizations: Service, McKinsey & Co, Space, Business, SpaceX, Talent, Software, of Defense, NASA

☆ North Cascades National Park hiker rescued a month after going missing
▼ + stars: | 2024-09-07 | by ( Ashley R. Williams | ) edition.cnn.com time to read: +3 min

CNN —A hiker in northern Washington’s North Cascades National Park was rescued a month after he went missing in July, authorities said Saturday, and according to one rescuer, it was just in time. Search took nearly a monthOn August 3, park officials notified deputies of an abandoned vehicle at the Hannegan Pass trailhead. Hiker alive but ‘not well’Kish disagreed with the official statement of Schock’s condition when his Pacific Northwest Trail Association team found him, he wrote on Facebook. “Robert was found alive, but not well,” Kish wrote. “It was not readily apparent that they had heard a person, but their intuition was to take the time to investigate, just in case,” Kish wrote.

Persons: Robert Schock, Robert, ”, Jeff Kish, Search, Schock, “, ’ Kish, “ Robert, ” Kish Organizations: CNN, Whatcom County Sheriff’s, Northwest Trail Association, National Parks Service, Facebook, KIRO, National Park Service Locations: Whatcom County, Chilliwack, Chilliwack Basin, Kish

☆ The US Navy sacked a destroyer captain after a persistent steering problem led to a Middle East near-miss
▼ + stars: | 2024-09-06 | by ( Jake Epstein | ) www.businessinsider.com time to read: +9 min

Read previewThe US Navy sacked the captain of a deployed warship after an unresolved steering problem resulted in a near-miss incident in the Middle East, according to a command investigation reviewed by Business Insider. But the command investigation said Yaste was relieved after the McCain lost steering during a July fuel replenishment that damaged a Navy oiler. The troubled destroyer remained at sea, and the command investigation said there was no evidence any notable troubleshooting efforts occurred after July 9. The August command investigation found that McCain crewmembers made a variety of mistakes, including failing to follow loss-of-steering procedures or communicating sufficiently between controlling stations. AdvertisementThe Navy has not publicly disclosed what happened with the McCain or acknowledged the steering issues during the deployment.

Persons: —, Theodore Roosevelt Carrier, Cmdr, Cameron Yaste, Arleigh Burke, John S, McCain, Yaste, it's, Ryo Isobe, Declan Barnes, It's, Horn, Kevin Tang Organizations: Service, US Navy, Business, Theodore Roosevelt Carrier Strike Group, Navy, McCain, BI, Iranian, US, Engineers, Big, United Arab Locations: Bahrain, Big, Big Horn, United Arab Emirates

☆ Women face bias and disparities in healthcare. Digital tools could help meet their needs.
▼ + stars: | 2024-09-06 | by ( Sarah Sloat | ) www.businessinsider.com time to read: +8 min

Historically, women's healthcare has been impaired by challenges like bias and a lack of specialized providers. For years, healthcare systems weren't designed for women, and there are still gaps in research and treatments for women's health issues. AdvertisementWith this reality in mind, Joanna Strober cofounded Midi Health, a website designed to help people experiencing menopause and perimenopause access specialists. Interventions can range from lifestyle coaching to prescription medication, and Midi providers can refer patients to in-person treatments when needed. Midi Health is on its way toward doing that; the company closed a $60 million Series B round in April.

Persons: Ashlee Wisdom, Wisdom, Smisha Agarwal, Agarwal, they're, Joanna Strober, Strober Organizations: New York University, Health, Center for Global Digital Health Innovation, Johns Hopkins University, Women's Health, US National Institutes of Health, Midi Health, Midi, Silicon Valley Bank Locations: Black

☆ Salesforce to acquire startup Own for $1.9 billion in cash
▼ + stars: | 2024-09-05 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Marc Benioff, CEO of Salesforce.com, speaks during a keynote at the Dreamforce 2023 conference in San Francisco on Sept. 12, 2023. Salesforce announced Thursday that it would pay $1.9 billion in cash for Own Co., a startup specializing in tools for backing up data in cloud-based applications. The startup, formerly known as OwnBackup, was valued at $3.35 billion in a 2021 funding round. Salesforce Ventures, the cloud software company's venture arm, invested in that round and earlier ones. WATCH: Salesforce CEO Marc Benioff goes one-on-one with Jim Cramer

Persons: Marc Benioff, Salesforce, MuleSoft, Benioff, we've, Jim Cramer Organizations: Salesforce.com, Own Co, Salesforce Ventures, Salesforce, Covid, Microsoft's Dynamics, Informatica Locations: San Francisco, Salesforce, Central

☆ Andreessen Horowitz just dealt a blow to tech's move-to-Miami movement
▼ + stars: | 2024-09-04 | by ( Sarah Jackson | ) 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. Read previewAndreessen Horowitz has reportedly given up on its Miami office after just two years in the space. "The firm is now virtual, but can materialize physically on command," Horowitz said at the time. Andreessen Horowitz did not immediately respond to Business Insider's request for comment. VC investment in Miami also saw a huge decrease in 2023, dropping 70% to $2 billion, according to the Journal.

Persons: —, Andreessen Horowitz, cofounders, Ben Horowitz, Horowitz, Marc Andreessen, Keith Rabois, Rabois, Florida . Austin, Elon Musk, he'd Organizations: Service, Miami Beach, Bloomberg, Business, Miami, Street Journal, SpaceX Locations: Miami, Miami Beach, Miami Beach , New York City, Santa Monica, Francisco, California, San Francisco, Fort Lauderdale, Florida ., Austin, Texas

☆ Turkmenistan’s flaming ‘Gates of Hell’
▼ + stars: | 2024-08-30 | by ( Joe Yogerst | ) edition.cnn.com time to read: +9 min

Darvaza, Turkmenistan CNN —Rarely does an industrial accident develop into a major tourist attraction. Mysterious originsNo one is quite sure when the gas crater opened, apparently because the Soviet-era reports are missing, incomplete or still confidential. Reaching DarvazaThe gas crater lies a four-hour drive north of Ashgabat, the national capital. Located around a five-minute walk from the crater rim, the camp features yurts with beds and chairs, a shaded dining area and porta-potty/outhouse-style toilets. Garagum lies about a 10-minute walk from the crater rim and even closer to a small rocky mount where visitors can snatch a bird’s-eye-view of the Gates of Hell.

Persons: Hell, Joe Yogerst “, ”, Ged Gillmore, Dylan, wasn’t, George Kourounis, who’s, Kourounis, I’ve, Garagum, “, there’s Organizations: Turkmenistan CNN, Central, Geographic, NASA, futon, CNN Travel Locations: Darvaza, Turkmenistan, Soviet, Central Asian, “, Central Asia, Canadian, Ashgabat, Iwanami_Photos, Bokurdak, Darwaza, porta, Hell

☆ Corporations are accelerators of change and have to bring employees along the journey, says LiveRamp's people and culture executive
▼ + stars: | 2024-08-29 | by ( Julia Hood | ) www.businessinsider.com time to read: +7 min

Sharawn Tipton is the chief people and culture officer at LiveRamp, a data-collaboration software-as-a-service company, overseeing human resources and culture across 1,400 employees globally. Instead of telling our team members not to use ChatGPT and putting all this governance around it, we want to hear how they are thinking about using it. We need to be open and honest with our team members about what this means for them. We need to be future-focused and bring team members along on that journey. What are the synergies there, and how do we utilize that to bring out the very best in our team members?

Persons: Sharawn Tipton, —, I've, Tipton, we've, We're, we're Organizations: Service, BI, Group, National Society of Black Engineers, Women Locations: Oakland , California, LiveRamp

☆ How Trump was 'orange-pilled' by three bitcoiners in Puerto Rico and the promise of $100 million
▼ + stars: | 2024-08-26 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +16 min

Earlier this year, Bailey promised to turn out $100 million and 5 million votes for Trump. Hoyos-López, Bailey's neighbor, had been recently orange-pilled, and was anxious to help out any way she could in getting Trump to Nashville. At the conference, Hoyos-López, Fabiano and Bailey worked to stage a second roundtable with Trump. To Fabiano, Bailey, and Hoyos-López, the stakes couldn't possibly be higher, as Democratic nominee Kamala Harris gains momentum in the polls. Less than a week after leaving Nashville, Fabiano, Hoyos-López and Bailey were back together closer to home to process all that had happened.

Persons: Dolly Parton, Donald Trump, Trump, conferencegoers who'd, Harris, Gary Gensler, CNBC hasn't, Keanu Reeves, Amanda Fabiano, Tracy Hoyos, David Bailey, Bailey, Fabiano, David, I've, Nashville ., Amanda, Hoyos, López, She's, Donald Trump's, Jon Cherry, He'd, Sen, Elizabeth Warren, Michael Saylor, he's, Emily, " Hoyos, Paul Grewal, Cantor Fitzgerald, Howard Lutnick, Rock, Billy Ray Cyrus, bitcoiner Tracy Hoyos, López Trump, Kamala Harris, she's, bitcoiners, Lopez Organizations: Broadway, Music City Center, Republican, Biden, SEC, CNBC, Washington Post, The Washington Post, BTC Inc, Trump, Wall Street, Miners, Lago, Music City, Getty, Riot, Marathon Digital Holdings, Scientific, Solana, Libertarian National Convention, Bitcoin, Mar, Nashville, Bitcoin Conference, Trump White Locations: NASHVILLE, Tenn, —, USA, Nashville, Puerto Rico, Nashville , TN, California, Guaynabo, San Juan, Manhattan, Trump, bitcoin, Egypt, New York, Palm Beach , Florida, Nashville , Tennessee, China, America, San Francisco, López, Japan, Hoyos, U.S, American, Puerto Rican

☆ Wildfires keep hitting the iconic Pacific Crest Trail, forcing closures and evacuations
▼ + stars: | 2024-08-24 | by ( Evan Bush | Evan Bush Is A Science Reporter For Nbc News. | ) www.nbcnews.com time to read: +7 min

Wildfires and their burn scars have made portions of the trail more hazardous and forced hikers to contend with closures on quick notice. Meanwhile, when fast-moving wildfires strike, many rural communities along the trail are finding themselves responsible for helping vulnerable hikers. “Wildfire season is lasting longer, becoming less predictable, affecting more trail, more trail users and more trail communities,” Rylee said. The signals of climate change now stick out on the PCT, said John O’Brien, a California climate scientist who grew up near the trail and hikes on it frequently. Karen Altergott passed through this burn zone in Lassen Volcanic National Park while hiking the Pacific Crest Trail in 2022.

Persons: ” Rylee, John O’Brien, ” O’Brien, Jamie Hale, Teesseling, “ We’ve, ” Thijs Koekkoek, Taime Teesseling, ” Teesseling, ” —, Karen Altergott, Altergott, Karen Altergott “, ” Altergott, “, —, They’re, ”, Becky Wade, Jeff McCabe, Becky Wade McCabe, Wade, McCabe, Shelly, Jeff McCabe's, Becky Wade “, Will Georis, Georis, ” Georis Organizations: “, PCT, Crest Trail, Klamath National Forest, University of California Locations: Sierra Nevada, California, Columbia, Portland ,, Julian, Burney , California, Stehekin , Washington, Hamburg , California, Klamath, ”, Berkeley, Mexico, Canada

☆ After traveling to all 50 US states, these are the 6 major cities I have no plans to return to
▼ + stars: | 2024-08-24 | by ( Emily Hart | ) www.businessinsider.com time to read: +1 min

After traveling to all 50 US states, I've been to my fair share of major cities. Although I've loved a handful of the cities, there are some I don't plan on visiting again. I've visited all 50 states and have spent my fair share of time in nearly every major city in the United States. Even though I generally gravitate toward more remote, outdoor-recreation-focused locales, there are a handful of cities I always enjoy visiting. Here are the six major US cities that I have no plans to return to.

Persons: I've, —, I'm, haven't Organizations: Service Locations: Las Vegas , Miami, Boston, Phoenix, United States

☆ I'm a millennial mom of 3, and I rely on my mom's financial assistance
▼ + stars: | 2024-08-24 | by ( Alyse Benoit | ) www.businessinsider.com time to read: +6 min

Without a doubt, my mom expected to be free of dependents decades ago. But here I am, 39, unable to save a cent, in need of her financial support. I was otherwise financially independent, worked three jobs, had a good chunk of money saved, and my life was planned out. Not only was I feeling the effects of financial strain from the cost of school, but physical, mental, and ethical exhaustion had taken hold. She loaned me money to pay off that debt and told me I could pay my rent when I received my next student loan payment.

Persons: stepdad, —, I've Organizations: Service Locations: midlife

☆ The best place to live as a digital nomad, according to an AI developer who visited 40 different countries
▼ + stars: | 2024-08-23 | by ( Jaures Yip | ) www.businessinsider.com time to read: +4 min

With over 40 startups, the self-taught developer has claimed his various business ventures now generate over $2.2 million in revenue. This story is available exclusively to Business Insider subscribers. In 2014, Levels met other digital nomads while living in Chiang Mai, Thailand. A decade and millions of users later, Levels said the best cities he's been to are still Bangkok and Chiang Mai. While Levels said Bangkok is getting more expensive, he still recommends Chiang Mai as a more affordable option.

Persons: —, Pieter Levels, he's, Lex, Chiang Mai, I've, Lola Méndez, Alexander Mazurkevich, Chiang, it's Organizations: Service, Business, New Locations: Chiang Mai, Thailand, Bangkok, Vietnam, South America, Puerto Vallarta, New York City, Numbeo, Brazil, America

☆ Why remote work has staying power: It's 'still kicking,' economist says
▼ + stars: | 2024-08-23 | by ( Greg Iacurci | ) www.cnbc.com time to read: +3 min

watch nowSuch arrangements were rare before the pandemic, economists said. While remote work opportunities have waned from their peak, they appear to have stabilized well above their pre-pandemic levels, economists said. "Remote work is not going away," Nick Bloom, an economics professor at Stanford University who studies workplace management practices, recently told CNBC. Why remote work has enduredRemote work has endured largely because it benefits both workers and employers, economists said. Remote work also opens up the pool of potential candidates during hiring, Bunker said.

Persons: Taiyou, Nick Bunker, Nick Bloom, Bunker, Bloom Organizations: Digitalvision, North America, Stanford University, CNBC, Finance, Workers, Research Locations: U.S

☆ Starbucks is giving its new CEO Brian Niccol a private jet to commute between his California home and Seattle office
▼ + stars: | 2024-08-23 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

New York CNN —New Starbucks CEO Brian Niccol won’t be a constant presence at its Seattle headquarters where he takes the helm next month. Starbucks is giving him a corporate jet to use to commute back and forth. Niccol is also expected to be traveling often, visiting stores and workers since he’s running a global operation of 39,000 stores and 450,000 employees. Earlier this month, Starbucks announced that Niccol would replace Laxman Narasimhan, whose stint as CEO lasted less than two years. Niccol is tasked with turning Starbucks’ fortunes around and mirroring the success he’s had at Mexican-inspired food chain Chipotle for the past six years.

Persons: Brian Niccol won’t, “ Brian Niccol, “ We’re, Niccol, Laxman Narasimhan, he’s, – CNN’s Chris Isidore Organizations: New, New York CNN, Starbucks, CNN, ”, International Energy Agency, Greenpeace, Institute for Policy Studies Locations: New York, Seattle, California, Newport Beach , California

☆ My husband and I divorced after 2 years of marriage. We started dating again, but we won't re-marry.
▼ + stars: | 2024-08-23 | by ( Lauren Crosmedlicott | ) www.businessinsider.com time to read: +5 min

At the time, I was getting over a relationship, and Rob was away with his friends for a bachelor party. But eventually, his persistence paid off, and we started going out; I told him I wanted to take it slow. In my head, I started making Rob out to be a lazy, irresponsible man. He moved in with his mom, and I got my own place for Noah and me. We started dating againRob and I also started dating again.

Persons: —, Anu Verma, Rob, Noah, I've, we'd, Eva, I'm Organizations: Service, Business Locations: Coventry , England, Ibiza, Spain, England

☆ Gen Z women are leaning into office-inspired clothing — but they're not wearing it to the office
▼ + stars: | 2024-08-23 | by ( Amanda Yen | ) www.businessinsider.com time to read: +8 min

Quang attributes the unexpected virality to a digital trend that first appeared at the end of 2023: the office siren. AdvertisementGoogle Trends shows searches for the term "office siren" increased tenfold between the first week of May and the first week of August. The office siren is a polarizing character — a sexed-up appropriation of office wear, restyled and applied to contexts outside the office. "Obviously, I'm not wearing this to the office," Quang said. "The office siren is just a character I'm playing."

Persons: —, Julia Quang, Aritzia, Zers, Quang, Josephine Hansom, Hansom, Gen, Kirsten Classi, Zummo, she's, Corey Robinson, Abercrombie &, it's, Robinson, Heather McLean, McLean, Nancy Deihl, Gen Z, I'm Organizations: Service, Business, Brands, Abercrombie, Abercrombie & Fitch, New York University Locations: Quang, Canadian, America

☆ Ukraine’s march into Russia exposes Putin’s crisis management problem
▼ + stars: | 2024-08-23 | by ( Clare Sebastian | ) edition.cnn.com time to read: +9 min

But his track record of handling recent crises in Russia reveals a different side of his presidential persona: one of paralysis and indecision. Despite a claim of responsibility from ISIS-K, he continued to insist that Ukraine, and the West had played a role. Dmytro Kholod, commander of Ukraine’s “Nightingale” battalion, currently in Kursk, told CNN by phone on Wednesday that he has noticed a shift in the behavior of Russian troops. It is just a strategy for perpetuating war and allowing Russia to wait us all out,” said Ryan. “Now we see that when he’s really presented with a crisis, he’s not a cornered rat, he’s just like an imposter.

Persons: CNN —, Vladimir Putin, Putin, Evgeny Prigozhin, Wagner, ” Putin, Prigozhin, Yan Dobronosov, ”, Boris Bondarev, “, Mick Ryan, Ramzan Kadyrov, don’t, Andrei Belousov, Dmytro Kholod, Ukraine’s “ Nightingale, ” Ryan, he’s, Volodymyr Zelensky, Efrem, Ryan, Bondarev Organizations: CNN, Crocus, Russia’s, ISIS, US, Kyiv, Getty, of Human Rights, ”, Kremlin, Naval, Black, Institute for, Russian MoD, Russia, AP, NATO, Putin Locations: Russia, Russian, Kursk, Ukraine, Crocus City, Moscow, Ukrainian, Sudzha, AFP, Beslan, Kharkiv, Crimea, Kursk Oblast, ”

☆ I'm a matchmaker for ultrawealthy men and charge up to $350K for my services. I give all my clients the same advice.
▼ + stars: | 2024-08-23 | by ( Tess Martinelli | ) www.businessinsider.com time to read: +8 min

Many people are shocked when I tell them my clients pay $350,000 for my matchmaking services. The service was built exclusively for accomplished professional men looking for women. My ultra-high-net-worth clients expect my undivided attentionOne commonality between most of my clients is the urgency for immediate results. When I charged less for my services, my clients engaged with me more passively but expected the same results. AdvertisementMy advice for high-earning men looking for loveThe first thing I tell high-earning men looking for love is to throw your physical type out the window.

Persons: —, Christiana Maxion, It's, I'm, I, didn't, they're, I've, they'll, that's, you've, Tess Martinelli Organizations: Service, Business, Cinqe Locations: Dubai, UAE, tmartinelli

☆ How investors can prepare for lower interest rates: It's 'like getting a haircut,' advisor says
▼ + stars: | 2024-08-23 | by ( Greg Iacurci | ) www.cnbc.com time to read: +5 min

Lower interest rates are "generally positive for stocks," said Marguerita Cheng, a CFP and chief executive of Blue Ocean Global Wealth, based in Gaithersburg, Maryland. Considerations for cash, bonds and stocksFalling interest rates generally means investors can expect lower returns on their "safer" money, advisors said. High interest rates have meant investors enjoyed fairly lofty returns on these lower-risk holdings. Winnie Sun co-founder and managing director of Sun Group Wealth PartnersHowever, such returns are expected to fall alongside declining interest rates, advisors said. "They'll be crying in six months when interest rates are a lot lower," she said.

Persons: Jerome Powell, Andrew Harnik, Winnie Sun, Lee Baker, Powell, Stephen Brown, Marguerita Cheng, Sun, Powell didn't, Ted Jenkin, Carolyn McClanahan Organizations: Getty, Sun Group Wealth Partners, Financial Advisors, Finance, North, Capital Economics, Blue, Sun Group Wealth, Planning Partners Locations: Irvine , California, Atlanta, Jackson Hole , Wyoming, U.S, North America, Gaithersburg , Maryland, Jacksonville , Florida

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