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Twenty-four prisoners were freed on Thursday in a multicountry exchange in Turkey, marking one of the broadest exchanges between Russia and the West in years. Here’s what to know about all of the prisoners who were exchanged in the swap. Released by Russia:Released by the West:The Released American Citizens
Organizations: West Locations: Turkey, Russia
Inspired Capital co-founders Lucy Deland (left), Alexa von Tobel (center), and Mark Batsiyan (right) speak to portfolio companies at the firm's annual founder dinner in June 2024. Born and raised in Jacksonville, Florida, von Tobel attended Harvard University, where she graduated with a degree in psychology. AdvertisementInspired Capital co-founders Alexa von Tobel and Penny Pritzker. Inspired Capital founding partners Mark Batsiyan, Lucy Deland, Alexa von Tobel, and Penny Pritzker. Although von Tobel was on vacation outside the country, she stepped away from a fancy dinner to take McNulty Rojas's call and brainstorm solutions.
Persons: Alexa von Tobel, she's, Lucy Deland, Mark Batsiyan, It's, von Tobel, Capital's, who's, Zuckerburg, I've, Morgan Stanley, , LearnVest, Batsiyan, Alexa, they'd, von Tobel's, Penny Pritzker, Obama, Brynne McNulty Rojas, — von Tobel, McNulty Rojas, Habi, Tobel, Von, Deland, it's, von, McNulty, hasn't, guac, She's, Benjamin Vandiver, Ivan Zhao, Lindsey Vonn Organizations: Flatiron, Business, New York VC, Harvard University, Facebook, Harvard Business School, Accel Partners, American Express Ventures, Northwest Mutual, LearnVest, Ventures, Northwest, Capital, Harvard, of Commerce, America Fund, Tiger Global Management, II, Alexa, Inc, Magazine, Winder, New York Locations: Jacksonville , Florida, New York, Deland, Miami, Latin America, York
CNN —The organizers of Ukrainian Fashion Week have announced the event’s 55th season in September will take place in Kyiv — the first time since Russia invaded the country on February 24, 2022. “We still have war in the whole country, and we feel the war in the whole country,” Lisa Ushcheka, head of international communications for Ukrainian Fashion Week, told CNN in a video call. From left to right: Ksenia Schnaider, Ivan Frolov and Julie Paskal backstage ahead of the Ukrainian Fashion Week show during London Fashion Week in February 2023. “Because it’s a historical event, a fashion week taking place in a country where there is a war going on.”For Frolov, the prospect of staging a return show in Kyiv is emotionally overwhelming. I was born in Kyiv and Kyiv is everything to me.
Persons: Vladimir Putin, ” Lisa Ushcheka, ” Ushcheka, Schnaider, Ivan Frolov, Julie Paskal, Jeff Spicer, influencers, Ushcheka, , Frolov, Ksenia, Organizations: CNN, Ukrainian, Kyiv —, Arsenal, and Culture, UK Defense Ministry, Ukrainian Fashion, London, BFC, Getty, Foreign, Commonwealth, Development, US Department of State, Culture, Kyiv Locations: Kyiv, Russia, , Ukraine, Moscow, Ukrainian, Berlin, London, Copenhagen, Paskal
Many U.S. EV owners, in particular, are having second thoughts. EV adoption has slowed in the U.S., even as the recent earnings and delivery reports from both GM and Ford showed sizable increases in EV sales. Ford said EV sales were up 60%, to nearly 24,000 units, but CEO Jim Farley described a "more realistic and sharpened" EV plan during its earnings call. Drury said that some distinctions are becoming clear between all EV owners and those who are most satisfied. As battery range and density increase, and EV charging infrastructure improves, and prices continue down, Brauer said the picture should brighten for EV sales.
Persons: Scott Olson, Ford, Jim Farley, Tesla, Mary Barra, Edmunds, EVs, Ivan Drury, it's, I'm, Drury, Karl Brauer, they're, Brauer, Barra Organizations: Getty, McKinsey, U.S, EV, GM, Ford, Gallup, CNBC, ICE Locations: Chicago , Illinois, ICEs, Australia, Brazil, China, Germany, Norway, France, Italy, South Korea, U.S, , California
But people looking for a flashy new design in Tesla's more traditional car lineup are stuck waiting for now. The Model S and Model X used to be the ultimate status symbol. In 2020, TikTok star Addison Rae made headlines when she was spotted in her bright pink Tesla Model X. And the design of the Model S and Model X hasn't been meaningfully updated since 2021. "If you start announcing some great thing, it affects our near-term sales," Musk said on Tuesday.
Persons: , Tesla, Addison Rae, Brian Moody, Elon Musk, Tesla's, Edmunds, Ivan Drury, that's, Moody, Musk, Osborne, Stephanie Valdez, Valdez, Streaty Organizations: Service, Business, Cox Automotive, Streaty, Cox Automotive Industry, EV
The town of Kazreti, nestled in the picturesque mountains of Georgia near the border with Armenia, once boasted a cinema, a bank, musical fountains, two schools and a kindergarten. Dance ensembles and volleyball teams from across the Soviet Union would come to perform and compete, and central heating and electricity were free. But after the Soviet Union’s collapse in the 1990s, he said, everything also came crashing down in Kazreti. No longer supported by the Soviet command economy, the unprofitable local gold and copper mines and an enrichment plant were shut, putting hundreds of people out of work. Now there is just one school in the town and the cinema and bank have closed.
Persons: , Davit Jakeli Locations: Kazreti, Georgia, Armenia, Soviet Union, Tbilisi, Soviet
This is what Olympic preparation looks like for arguably the greatest distance runner of all time, Eliud Kipchoge. The run concludes 30 kilometers later, back where it began, at the training camp where the 39-year-old is gearing up for what could be his final bow on the Olympic stage. Kipchoge (left) prepares for a pre-dawn run with a member of his training team. Courtesy NN Running TeamThe 39-year-old would become the oldest male marathon winner at the Olympics, should he succeed in Paris. “I want to be remembered by making this world a running world,” he says.
Persons: Eliud, Kipchoge, Rocky Balboa, Ivan Drago, , Grace, he’s, “ It’s, ” Kipchoge, NNRunningTeam.com, , Patrick Sang, Faith Kipyegon, ” Eliud Kipchoge, 40.2sec, Herbert Neubauer, Eliud Kipchoge Organizations: Kenya CNN —, Paris, Global Sports Communication, CNN, Getty, , Games, Oxford Union Locations: Kaptagat, Kenya, Paris, Vienna, Austria
In this regard, the ratings of top Wall Street analysts and their investment theses can provide useful insights and help us make the right decisions. Bearing that in mind, here are three stocks favored by the Street's top pros, according to TipRanks, a platform that ranks analysts based on their past performance. The company recently reported its June sales and announced an increase in its membership fee. He estimates a potential benefit of nearly 3% to the company's earnings per share over each of the next two years. Even after the stock's impressive year-to-date rally, Goldman Sachs analyst Toshiya Hari thinks that it has more room to run.
Persons: Corey Tarlowe, Tarlowe, TipRanks, MongoDB, Ivan Feinseth, Feinseth, Goldman Sachs, Toshiya Hari, Colette Kress, Hari, Nvidia's, Blackwell Organizations: Wall Street, Costco, Jefferies, Tigress, Nvidia Semiconductor, Nvidia, Blackwell Locations: Costco's
Nikolau was the first major female rooftopper and caught the eye of Beerkus, who was looking to partner for social media content. In 2022, when Beerkus and Nikolau made their plans, the “supertall” skyscraper had topped out but was still under construction. With the urban “sport” emerging as one more of the more extreme ways to get likes on social media, several harrowing deaths have followed. For “Skywalkers” the film crew followed Beerkus and Nikolau to document their stunts, but only to a point. “With any activity that’s dangerous, social media tends to disguise the difficulty,” he said.
Persons: , Ivan Beerkus, Angela Nikolau didn’t, Beerkus, Nikolau, , Jeff Zimbalist, Maria Bukhonina, Skywalkers ”, It’s, ” Zimbalist, “ Angela, Zimbalist, Ivan, Angela, don’t, ’ ” Zimbalist, rooftopping, ” Nikolau, she's, Chai Vasarhelyi, Jimmy Chin, Alex Honnold, Carolina Amell, Félicité Carrel, Miriam O’Brien Organizations: CNN, Familia, Eiffel, Goldin Finance, Netflix, Sundance Film, Kuala Lumpur’s, Merdeka Locations: Paris, Kuala Lumpur, Kuala Lumpur’s Merdeka, Moscow, , El Capitan, Félicité
A court in Russia was expected to deliver a verdict on Friday in the espionage case of Evan Gershkovich, a reporter for The Wall Street Journal, after prosecutors reportedly asked the court to sentence him to nearly 20 years in a penal colony. The proceedings were recently moved up by more than three weeks, and although Mr. Gershkovich is expected to be convicted, a verdict would open the way for a prisoner swap between the United States and Russia. On Wednesday, the Russian foreign minister, Sergei V. Lavrov, said that the two countries were holding talks on a possible swap involving Mr. Gershkovich, who was arrested almost 16 months ago. Russian officials have said that discreet talks were being conducted with the United States about Mr. Gershkovich, but that any prisoner swap would come only after a verdict was handed down.
Persons: Evan Gershkovich, Gershkovich, Sergei V, Lavrov Organizations: Wall Street Locations: Russia, United States
Read previewAt least two-thirds of the Russian athletes set to participate in the Olympic Games starting next week in Paris are openly defying neutrality rules over Russia's invasion of Ukraine, a human rights group claims. However, athletes from the countries can still compete as "individual neutral athletes," or AINs, if they meet certain conditions. As of July 13, 15 Russian athletes had accepted invitations to participate as AINs. Sky NewsThe person who made the post — Russian former gymnast Alexey Nemov — had added commentary railing against Kuliak's critics. AdvertisementThe IOC rules state that athletes can't be "contracted to the Russian or Belarusian military or national security agencies."
Persons: , Wayne Jordash, Ukraine's, Elena Vesnina, Vesnina, Vladimir Solovyov, Alexander Safonov, Ivan Kuliak, Alexey Nemov — Organizations: Service, Olympic Games, Business, International Olympic Committee, IOC, UN, Olympic, Getty, Global, Sky, Sports Society, Dynamo, , Central Sports Club, Army Locations: Paris, Ukraine, Russia, Belarus, AIN, Anadolu, Russian, Ukrainian, Doha, Qatar, Belarusian
Evan Gershkovich Returns to Court in Russia
  + stars: | 2024-07-18 | by ( Ivan Nechepurenko | ) www.nytimes.com   time to read: +1 min
The hearing was initially scheduled to take place on Aug. 13. According to Mediazona, a Russian news outlet, the court moved it ahead at the request from Mr. Gershkovich’s lawyers. The hearing came more than 15 months after Mr. Gershkovich, 32, was detained by security agents in the Russian city of Yekaterinburg, about 900 miles east of Moscow. After spending more than a year in a high-security prison in Moscow, Mr. Gershkovich was transferred back to Yekaterinburg to stand trial. Mr. Gershkovich, the first Western reporter to be detained on an espionage charge in Russia since the Cold War era, had worked in Russia as a journalist for various publications for more than five years before his arrest.
Persons: Evan Gershkovich, Mediazona, Gershkovich Organizations: Wall Street, United Locations: Russian, Yekaterinburg, United States, Moscow, Russia
Read previewTesla billionaire Elon Musk, former Fox News host Tucker Carlson, and venture capitalist David Sacks personally lobbied Donald Trump to select JD Vance as his running mate, according to Axios. Axios said that a secret lobbying campaign continued into Monday morning, led by key figures such as Musk, Carlson, and Sacks. Tucker Carlson praised JD Vance after he was announced as Trump's VP nominee. Advertisement"When the Twin Towers came down, JD Vance enlisted in the Marine Corps, gung-ho to exact justice on America's enemies," Sacks wrote on X. Representatives for Donald Trump, JD Vance, Elon Musk, Tucker Carlson, and David Sacks did not immediately respond to requests for comment.
Persons: , Elon Musk, Tucker Carlson, David Sacks, Donald Trump, Vance, Trump, Mike Allen, Doug Burgum, Sen, Marco Rubio —, Axios, Carlson, Sacks, Carlson's, Rupert Murdoch, doesn't, JD Vance, Ivan Apfel, JD, America's Hitler, Sean Hannity Organizations: Service, Fox News, GOP, Business, Truth, CNN, — North Dakota Gov, Trump, Politico, Federal Trade, Big Tech, Marine Corps Locations: Ohio, United States, , Ukraine, Israel, Europe, American
CNN —Measuring about half the length of a Ford F-150, Kei trucks look almost like toys in comparison to your standard pickup truck. Instagram page Kei Trucks Appreciation Society (@keitrucksas) sells Kei truck-themed merchandise from hoodies to stickers and posts memes for its more than 95,000 followers. On X, Kei truck fans share pictures of mini trucks they spot in the wild. Most states lack Kei-specific regulation entirely, and so far, only 19 states allow Kei trucks on public roads. And data from Edmunds showed that Americans were trading in more midsize and large pickup trucks for compact trucks than vice versa.
Persons: Kei, , George Zotos, Bill Pugliano, Zotos, Tetsu Ichino, , I’ve, it’s, Andrew O’Bright, Kei truck’s, ” Zotos, Melissa Torre, Torre, Mark Schirmer, Mercedes ’ Smart, ” Schirmer, Ford, Edmunds, Ivan Drury, Drury, Organizations: CNN, Ford, Silverado, American International Detroit Auto, Research, JDM Imports, Philadelphia, Torre, Daihatsu, Cox Automotive, Mercedes, Benz, Insurance Institute for Highway Safety, Ford Maverick, Hyundai, Hyundai Santa Cruz Locations: Japan, New York, Detroit , Michigan, Rockville , Maryland, Maryland, Chicago, Kei, U.S, Hyundai Santa
The newly granted permission by the United States and other allies to use Western weapons to strike inside Russia has had a huge impact, Bankir said. While Kyiv hasn’t managed to reclaim large swathes of territory, it has successfully averted what could have been a disaster: The occupation of Kharkiv, Ukraine’s second city. “(Russia) knew that Ukraine did not have the capacity to strike these targets on the Russian territory,” Melnyk said. While Ukraine was previously able to strike targets inside Russia using Ukraine-made drones, ATACMS make these strikes far more efficient. However, Ukraine can still use the F-16 to deny Russia control over the skies – and push away Russian aircraft delivering bombs.
Persons: CNN — Bankir, Bankir, , ” Ivan, Kyiv hasn’t, Valentyn Ogirenko, Oleksiy Melnyk, , ” Melnyk, wasn’t, Melnyk, Konrad Muzyka, Rochan, , Muzyka, it’s, ” Muzyka, Ukraine’s, Volodymyr Zelensky, Donald Trump, Maria Kostenko, Daria Tarasova, Markina Organizations: CNN, Ukraine’s Security, Artillery, 148th, Kyiv, 148th Separate Artillery Brigade, Ukrainian Air Assault Forces, United Nations, Human Rights, Razumkov, Rochan Consulting, People, Reuters, US, NATO Locations: United States, Russia, Russian, Kyiv, Kharkiv, Ukraine’s, Donetsk region, Ukraine, Izium, Balakliia, Moscow, Kharkiv –, Ukrainian, , Belgorod, Voronezh, Krasnodar, Bryansk, Crimea, Washington , DC,
The Athletic profiles the finalists’ strengths and weaknesses, the key battles, and the many sub-plots in your definitive tactical guide to the Euro 2024 final. The dynamic duo are responsible for 46 per cent of Spain’s total attempted take-ons this tournament. What a talent 👏🇪🇸 pic.twitter.com/IRJignOqCA — UEFA U17 EURO (@UEFAUnder21) July 9, 2024Beyond his shooting, Yamal’s creative threat has stood out the most. This forced the Spain goalkeeper Unai Simon to frequently launch the ball long, often conceding possession in the process. Spain might be the standout favourites but England will arrive in Berlin as the more experienced nation in recent major tournaments.
Persons: Lamine Yamal, Nico Williams, Luis de la, Williams, Arjen Robben, ged, Fabia, ong, anne, e, d the pl, ure, anne l, Walker, ince, heth, rove, abbe, the he, inger, mani, ted Saka,, oden, atkin, In th, below, Kane, hite, nin, Kane, Ivan T o, riva, Gareth Southg, ross, ove, e to, Getty, Eamon n Dalton Organizations: European, Germany, France, UEFA Locations: Spain, England, Berlin, France, goa, nis, beh, lida
You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. Read previewRussia's war of attrition in Ukraine is coming at a huge cost in killed and injured troops, with a Ukrainian official claiming Russia suffered 5,000 casualties in battles for one neighborhood alone. Related storiesHavrylyuk pointed to massive Russian casualties he said its military was sustaining, claiming that 5,000 Russian troops were killed or injured in battles for control of a single district in the strategically vital town of Chasiv Yar in Donetsk, east Ukraine. AdvertisementThe hilltop town has been the scene of ferocious fighting in recent weeks, with Russian forces managing to seize control of a district last week. The ISW said that high casualties were part of Russian President Vladimir Putin's strategy to grind out a victory in Ukraine through a war of attrition.
Persons: , Ivan Havrylyuk, Havrylyuk, Putin, Vladimir Putin's Organizations: Service, Business, Russian, Institute for Locations: Ukraine, Russia, Ukrainian, Chasiv Yar, Donetsk, US, Kharikiv, Russian
Russia is preparing military countermeasures in response to the planned American deployment of longer-range missiles in Germany, the Russian deputy foreign minister said on Thursday, adding that the U.S. move was “destructive to regional safety and strategic stability.”“Without nerves, without emotions, we will develop a military response, first of all, to this new game,” the deputy minister, Sergei A. Ryabkov, told Interfax, a Russian news agency. In a separate comment published by the Russian Foreign Ministry, Mr. Ryabkov said that Moscow had anticipated the decision and that Russia had started preparing “compensating countermeasures” in advance. In a joint statement, the United States and Germany said Washington would begin “episodic deployments” of the missiles in Germany in 2026, including those that are “significantly longer range” than the ones currently deployed throughout Europe.
Persons: , Sergei A, Ryabkov Organizations: Russian Foreign Ministry Locations: Russia, Germany, U.S, Russian, Moscow, United States, Washington, Europe
Amazon Says It Reached a Climate Goal Seven Years Early
  + stars: | 2024-07-10 | by ( Ivan Penn | Eli Tan | ) www.nytimes.com   time to read: +1 min
Amazon announced on Wednesday that effectively all of the electricity its operations used last year came from sources that did not produce greenhouse gas emissions. In its announcement, Amazon said it had reached its goal of 100 percent clean energy seven years ahead of schedule. The company said it invested billions of dollars in more than 500 solar and wind projects to achieve its target. The clean energy projects Amazon has invested in can produce enough electricity to power the equivalent of 7.6 million U.S. homes, the company said. Amazon aims to reach net-zero carbon emissions from all of its operations, including its delivery vans, planes and other means of transportation, by 2040.
Organizations: Amazon
A co-defendant in the case, Kristina Puzyreva, pleaded guilty in February to conspiracy to launder the proceeds of the export scheme, prosecutors said, and she now awaits sentencing. Authorities seized around $1.68 million dollars in connection with the scheme, prosecutors say. The components the trio sourced have been found in seized Russian weapons that included guided missiles, helicopters, unmanned aerial vehicles and battle tanks, with some of the components needed for Russia’s precision-guided weapons systems being used against Ukraine, according to prosecutors. “The defendants were aware of the potential military applications of the electronics that they exported to Russia,” prosecutors said in the release. “Goltsev responded, ‘happy holiday to you too my friend, we are defending it in the way that we can [smile emoji].’”CNN’s Devan Cole contributed to this report.
Persons: Salimdzhon Nasriddinov, Nikolay Goltsev, , Lisa Monaco, “ Mr, Goltsev, ” Todd, Kristina Puzyreva, Ivan J, Arvelo, Nasriddinov, , “ Goltsev, , ” CNN’s Devan Cole Organizations: CNN, of, Nasriddinov, SH Brothers Inc, SN Electronics Inc, United, United Arab Emirates, Homeland Security Investigations, York, Authorities, Fatherland, Soviet Union Locations: Montreal, Russia, Ukraine, Eastern, of New York, Brooklyn, Turkey, Hong Kong, India, China, United Arab
The sun felt hotter than usual in Houston this week, as millions of sweltering residents emerged from the rapid thrashing of Hurricane Beryl to face a prolonged power outage — the largest ever seen by the city’s utility, according to the state’s lieutenant governor. The outages from the storm affected as many as 2.7 million customers across the state, mostly in and around Houston. Despite a promise by the utility, CenterPoint Energy, to restore power to one million customers by the end of the day on Wednesday, large swaths of the nation’s fourth-biggest city remained without power. The scale of the outages raised questions about whether enough had been done to prepare the city, just 50 miles from the Gulf Coast, for the kinds of storms that climate scientists predict will arrive with greater frequency. “For a Category 1 hurricane to result in over a million customer outages in its immediate aftermath demonstrates that there is plenty of need for the resiliency hardening investments,” said Wei Due, an energy expert with PA Consulting and a former senior analyst and engineer for Con Edison.
Persons: Beryl, , Wei, Con Edison Organizations: CenterPoint Energy, PA Consulting Locations: Houston, Gulf
A late winner from England substitute Ollie Watkins against Netherlands put Gareth Southgate’s team into the final of Euro 2024, where they will face Spain. It is their second consecutive European Championship final, and the first time England have reached a major tournament final abroad. Denzel Dumfries catching Kane was deemed a penalty, despite the Netherlands defender having little choice but to attempt a block. Against the Netherlands, Rice dropped into similar positions but was far more willing to punch balls forward and look for those ahead of him. Watkins’ stunning winner — set up by Palmer — validated Southgate’s decision yet again, with a goal worthy of winning any game.
Persons: Ollie Watkins, Gareth Southgate’s, Harry Kane, Xavi Simons, Declan Rice, Kane, Denzel Dumfries, Tim Spiers, Mark Carey, Jacob Whitehead, Seb Stafford, it’ll, they’ve, Phil Foden, Kobbie Mainoo, Luke Shaw, Ivan Toney, Southgate, , Foden, Cole Palmer, Watkins, Palmer, Stefan de Vrij, De, Felix Zwayer, Jude Bellingham, Dumfries, , Gary Neville, Bloor Rice, Rice, Simons —, Jordan Pickford, Michael Regan –, Kyle Walker, Watkins ’, Palmer —, Mark Carey The, Zwayer, Phil Foden’s, dink, Bart Verbruggen, Alex Grimm Organizations: England, Netherlands, Aston Villa, Bloor, Wembley, Slovakia, Switzerland, Watkins, UEFA, Michael Regan – UEFA, Getty, England’s, Mark Carey The Denzel Dumfries Show Dumfries, Pixar, Bull, Dumfries Locations: Spain, England, Netherlands, Berlin, Switzerland, Slovakia, Zwayer, Southgate, Dumfries,
As investors navigate this complicated environment, they may turn to research from top-rated Wall Street analysts as they search for stocks with strong balance sheets and solid growth prospects. With that in mind, here are three stocks favored by the Street's top pros, according to TipRanks, a platform that ranks analysts based on their past performance. Attractive features like Prime Video, Free Same Day Delivery, Prime Music and Grocery made the Prime membership more attractive to the survey respondents. 1 Large Cap Long," with the survey results backing the company's long-term investment thesis. The analyst expects Twilio to gain from the demand for artificial intelligence-based automated responses that ensure timely and cost-effective customer interaction.
Persons: Goldman Sachs, Toshiya Hari, Hari, TipRanks, Mark Mahaney, Mahaney, Amazon's, Grocery, Ivan Feinseth, Twilio, Feinseth Organizations: Micron Technology Chipmaker Micron Technology, MU, Micron, Online, Amazon Retail, Walmart, Amazon Web, North American Retail Locations: FY4Q, U.S
With millions of utility customers in East Texas cut off from electricity by the storm, the utility serving the overwhelming majority of those customers said it was working to set up mobile power sources for critical facilities. The utility, CenterPoint Energy, which supplies power in and around Houston, said that some 2.26 million customers had lost their electric service at the peak on Monday, and that the figure had since fallen only slightly. The company said it was looking into using mobile generation units to provide temporary power to places like cooling centers, health care facilities, police and fire stations, senior centers and educational centers. “We are mobilizing all of our available resources, as well as mutual assistance resources from other utility companies, to begin the process of quickly and safely restoring power to our customers,” Lynnae Wilson, senior vice president for electric business at CenterPoint, said in a statement. “We understand how difficult it is to be without power for any amount of time, especially in the heat.”
Persons: ” Lynnae Wilson Organizations: CenterPoint Energy Locations: East Texas, Houston, CenterPoint
A Forbes Advisor survey of 1,000 Americans who plan to travel in 2024 showed the post-pandemic "revenge travel" boom is in full force, despite rising inflation. The stats weren't surprising to Thomas, who told BI that this new trend could be partly attributed to the rise of remote work. Revenge travel and other loansIt's not just remote and hybrid working that may have contributed to a rise in travel spending. Travel experts previously told BI they had noticed an uptick in clients opting for luxury air travel experiences, from private jets to first-class and premium-class plane tickets. Thomas and financial expert Julie Beckham told BI that young people are likely to be influenced by peers who are showcasing their travel experiences online.
Persons: , millennials, Zers, Credit Karma, Johannes Thomas, Thomas, Ivan Saprov, Saprov, Oliver Bell, Julie Beckham, Beckham Organizations: Service, Forbes, Business, Credit, Bank of America, BI, KPMG US, Financial Education Development, Rockland Trust Locations: Rockland
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