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☆ Paul Krugman says 'the war on inflation has been pretty much won — without a recession'
▼ + stars: | 2023-09-13 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +4 min

The economist Paul Krugman says the war on inflation is pretty much over. This points to a "Goldilocks" scenario, in which inflation cools without a recession. That's perhaps what happened last month, when core inflation was "distorted by lags in the measured price of shelter," Krugman wrote on X, formerly called Twitter. He pointed to what some call a "Goldilocks" scenario, in which inflation cools without a recession. Notably, among items seeing lower inflation, nearly three in four had an increase in the actual quantity bought by consumers.

Persons: Paul Krugman, disinflation, Krugman, Mike Konczal, Konczal, Patience Organizations: Service, New York Times, Federal Reserve Bank of Chicago, Roosevelt Institute Locations: Wall, Silicon, Ukraine

☆ I worked 2 full-time jobs and made $211K a year. The main downside of double-dipping was that I had no social life, but it wasn't that hard to do both jobs.
▼ + stars: | 2023-09-08 | by ( Kaila Yu | ) www.businessinsider.com time to read: +5 min

Hayes said double dipping, as a quality assurance analyst, is easier than it sounds. At the height of my double dipping career, I was making $211,200 a year — more than I ever imagined for myself. When I was double dipping, I made $45 per hour at one job and $65 per hour at the other. The main downside of double dipping is the lack of a social lifeThis didn't matter as much in the pandemic, but after both my contracts ended this year, I'm enjoying more work-life balance. At the end of March I found another role as a QA automation engineer and I'm enjoying more work-life balance with just this one job.

Persons: Davrick Hayes, Hayes, I've, it's, would've, I'm Organizations: Service, Midwest, GreatAmerican Financial, Craigslist, First Republic Bank, First Locations: Wall, Silicon, Bismarck , North Dakota, Downey , California, Los Angeles, LA, North Dakota, GreatAmerica, America, First Republic

☆ 10 mistakes I made while selling my first startup and what I should've done instead
▼ + stars: | 2023-09-07 | by ( Andrew Gazdecki | ) www.businessinsider.com time to read: +13 min

I lost my first acquisition offer, got married, almost lost another offer, persuaded the buyer to stick with it, and finally sold my first business. With my experience as a guide, I hope you can avoid these common acquisition mistakes and secure a better outcome. The private equity firm that acquired my first startup, Bizness Apps, asked for dozens of spreadsheets during due diligence. AdvertisementAdvertisementA broker would market my startup and connect me with potential buyers in return for a cut of the purchase price. Even in the closing stages, I continued selling my business and fostering a relationship with my buyer.

Persons: Andrew Gazdecki, might've, I'd, we'd, Bizness, I'm, you'll, you've, doesn't, could've, Weeks Organizations: Service, Apple, Google, Facebook, Adobe Locations: Wall, Silicon

☆ I canceled Netflix after 14 years and it feels like the end of an era
▼ + stars: | 2023-09-02 | by ( Ashley Rodriguez | ) www.businessinsider.com time to read: +5 min

I canceled my account after the password-sharing crackdown made me realize I wasn't watching as often. I'll probably be back, but it feels like the end of an era with a service I came of age with. That's why, in August, I canceled my Netflix account after subscribing for 14 years. A screenshot of the email confirmation I received when I canceled Netflix. When my husband merged his Netflix account with mine, it was almost as big a step in our relationship as moving in together.

Persons: I've, I'd, who'd, Peacock, Max, it'd, Ashley Rodriguez, It'd, that's, I'm Organizations: Netflix, Morning, Blockbuster, Apple, Paramount, British Baking, relishing Locations: New York, Belgium

☆ Supersaver who stashed 78% of his salary has one regret: 'We might have been too extreme, tipping into misery'
▼ + stars: | 2023-08-31 | by ( Ryan Ermey | ) www.cnbc.com time to read: +2 min

He and his wife Taylor were living an upwardly mobile lifestyle in San Diego, but it turned out their budget was upwardly mobile, too. "We lived in a beautiful beach town, drove a BMW, dined at high-end restaurants and often indulged in expensive hobbies. Essentially, as our income increased, so did our spending," Rieckens, 39, tells CNBC Make It. At first, the couple went full-throttle, even going so far as to briefly move in — with a brand-new baby in tow — with Rieckens' parents in Bellvue, Iowa. "Looking back, we might've been too extreme, tipping into misery, not from deprivation but the unending focus on finances," Rieckens says.

Persons: Scott Rieckens, Taylor, Rieckens, you'll, — Organizations: BMW, CNBC Locations: San Diego, —, Bellvue , Iowa

☆ Connections: New York Times might've found its next Wordle
▼ + stars: | 2023-08-28 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +4 min

New York CNN —The New York Times found instant success with Wordle. A new puzzle called Connections is officially joining the newspaper’s portfolio of games this week, following a successful summer testing phase where it became the Times’ second-most played game behind Wordle despite minimal promotion. Players will see Connections appear in the Times’ Games app and in the news app under the Play tab beginning this week. Connections is the newest hit for the New York Times. Players playing other games other than Wordle “experienced record growth over the last year,” Times CEO Meredith Kopit Levien said in a recent earnings call.

Persons: New York Times Jonathan Knight, Knight, ” Knight, “, Wordle, Wordle “, Meredith Kopit Levien, ” Brian Morrissey, ” Morrissey, ” Organizations: New, New York CNN, The New York Times, Wordle, Times, Times ’, New York Times, CNN, ”, “ Locations: New York

The list of the best Fitbit devices is headed up by two distinct flagship wearables: the Versa 4 and the Sense 2. Fitbit Versa 4 The Fitbit Versa 4 disappoints as a fourth-generation smartwatch as it lacks third-party app support, has issues with fitness tracking, and doesn’t allow for music storage. Fitbit Sense 2 vs. Fitbit Versa 4: Smartwatch performanceOne of the main nitpicks I have with these watches is their disappointing lack of smartwatch capability. Fitbit Sense 2 vs. Fitbit Versa 4: Health and fitness trackingFitness tracking features are available on both devices, but the Sense 2 seems to be more reliable. Fitbit Sense 2 vs. Fitbit Versa 4: Battery lifePerhaps the best feature native to both the Sense 2 and the Versa 4 is their battery life, which lasts roughly six days depending on how it's used.

Persons: Rick Stella, they're, There's, Grey, That's Organizations: iOS Battery, Alexa, Google, Apple Watch, Versa

☆ 'Pick up a fresh, whole Branzino': A comedian on his TaskRabbit side hustle story that went viral on Reddit
▼ + stars: | 2023-08-09 | by ( Gili Malinsky | ) www.cnbc.com time to read: +1 min

In October 2022, stand-up comedian Casey James Salengo was balancing nightly comedy gigs with daytime hustles in his hometown of New York. That same month, a man reached out about a delivery job that ended up going viral on Reddit. 'Pick up a birthday card,' get the weirdest one"Hi Casey!" These were its stipulations: "You will need a pen""Pick up a birthday card (get the weirdest one you can find)""Write the following in the card: 'Happy birthday, Bread! The fish Salengo bought Brad.

Persons: Casey James Salengo, Salengo, Casey, Brad, Jess, Ilya Locations: New York

☆ I made more money when I wore red lipstick as a waitress — America's tipping culture is gross
▼ + stars: | 2023-07-21 | by ( Fortesa Latifi | ) www.businessinsider.com time to read: +4 min

When she started wearing red lipstick, she said her tips from men significantly increased. She told me that wearing red lipstick when I was working would increase my tips. I'd make significantly more on the nights I wore red lipstick and a cute ponytail with my hair pulled back and curled. The color red is even said to increase appetite and I can't help but think that's part of why the red lipstick theory works so well with female servers. I don't think men are consciously realizing this, but there are all these subtle cues in place.

Persons: Amelia Heppner, might've, Heppner, didn't, I've, he's, — Organizations: Service Locations: Wall, Silicon, San Francisco , California, U.S

☆ I learned how gross American tipping culture was when I made more money wearing red lipstick as a waitress
▼ + stars: | 2023-07-21 | by ( Fortesa Latifi | ) www.businessinsider.com time to read: +4 min

Persons: Amelia Heppner, might've, Heppner, didn't, I've, he's, — Organizations: Service Locations: Wall, Silicon, San Francisco , California, U.S

☆ Post-Ashes beers off as England coach McCullum incensed by Bairstow stumping
▼ + stars: | 2023-07-02 | by ( Hugh Lawson | ) www.reuters.com time to read: +4 min

The dismissal triggered long and loud booing from the Lord's crowd and saw Australian players verbally abused by MCC members in the stadium's usually staid Long Room. With England eventually losing by 43 runs to trail 2-0 in the five-test series, McCullum made it clear the stumping had strained relations. 'NO SNEAKINESS'Disgruntled MCC members verbally abused Australia players as they walked through the pavilion at the lunch interval, prompting opener Usman Khawaja to remonstrate with several of them. You see Jonny (Bairstow) do it all the time, he did it on day one to David Warner, he did it in 2019 to Steve (Smith)," Cummins told reporters. England captain Ben Stokes was keen to move on from the incident but added he would not want to win in such a fashion at the end of an over.

Persons: Alex Carey, Jonny Bairstow, Matthew Childs LONDON, Brendon McCullum, Jonny, Alex Carey underarmed, Bairstow, McCullum, you've, might've, Muttiah Muralitharan, Sri Lankan, Kumar Sangakkara, Paul Collingwood, Daniel Vettori, Usman Khawaja, Khawaja, Pat Cummins, David Warner, Steve, Smith, Cummins, Carey, Ben Stokes, Hugh Lawson, Ian Ransom, Toby Davis, Peter Rutherford Organizations: England, Australia, MCC, BBC, New Zealand, Collingwood, Thomson Locations: Australia, London, Britain, Christchurch, Sri, New, England, Melbourne

Our experts answer readers' personal loan questions and write unbiased product reviews (here's how we assess personal loans). Secured personal loans are backed by collateral just like other types of secured loans, but for personal loans, they're a bit different. Compare Personal Loan RatesWhen is a line of credit better than a personal loan? Interest rates for personal lines of credit and credit cards tend to run higher, on average, than those for personal loans. Interest rates for personal lines of credit and credit cards tend to run higher, on average, than those for personal loans.

Persons: —, Dani Pascarella, Pascarella, You'll, might've, caterer Organizations: Service, Chevron

☆ Apple demoed one of its new features by displaying a downright weird message about finding a bunch of raccoons hidden in a basement
▼ + stars: | 2023-06-06 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

Apple unveiled a bunch of new features at its WWDC on Monday. That included "Live Voicemail" which delivers a transcript so users can decide if they want to pick up a call. One example of the tech featured a man preparing to bathe some raccoons he discovered in the basement. While most people were focused on the Vision Pro headset and its enormous pricetag, Apple unveiled a host of updates to its existing products. But it definitely suits the advertised tone of an urgent phone call, and one imaginative copywriter has brought more eyes to this feature that might've otherwise gone under the radar.

Persons: Apple, –, Craig Federighi, Apple's, Nico Schröder –, Soren Iverson, Nico Organizations: Apple

☆ See the 19-slide presentation that got General Catalyst to back a startup tackling a $25 billion problem for hospitals
▼ + stars: | 2023-05-17 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +3 min

The startup used this pitch deck to get backing from top healthcare VC firm General Catalyst. The Magoons' new startup, Adonis, raised $5.6 million in seed funding in October to solve that problem with tech. Just under seven months later, Adonis has raised $17.3 million more in Series A funding, led by top healthcare VC firm General Catalyst. "Given all the work we do with health systems, we know how complicated and poorly organized these systems are, despite all the money they're collecting," she said. Check out the pitch deck Adonis used to get $17.3 million led by General Catalyst.

☆ 'Million Dollar Listing' brokers say now is the time for luxury homebuyers to scoop up a deal. Here’s their advice for buyers and sellers.
▼ + stars: | 2023-05-12 | by ( Katherine Stinson | ) www.businessinsider.com time to read: +6 min

The real-estate agents Tracy Tutor and Josh Flagg said now is the time for luxury homebuyers to act. Sellers must price their homes realistically, even if they are worth less than they were last year. Here's their advice for buyers and sellers in the luxury market. The Redfin study backs this up: New listings of luxury homes fell by 6.6% year over year. Price reductions aren't a bad thing in themselves, but Flagg said it's still typically a major turn off for luxury homebuyers — "even if it's a steal."

☆ Warren Buffett's successor Greg Abel is wooing shareholders, but some questions remain
▼ + stars: | 2023-05-05 | by ( Yun Li | ) www.cnbc.com time to read: +4 min

To say that Warren Buffett's successor Greg Abel has big shoes to fill would be an understatement. The vice chairman for non-insurance operations at Berkshire Hathaway recently joined Buffett in Japan to visit the country's top trading houses. Skin in the gameAbel recently loaded up on Berkshire Hathaway shares with his personal assets. Berkshire acquired MidAmerican Energy in 1999, and Abel became CEO of MidAmerican Energy in 2008, six years before it was renamed Berkshire Hathaway Energy in 2014. How does dispute resolution work if there is a dispute," said a Berkshire shareholder, who spoke on the condition of anonymity.

☆ The CEO of BiggerPockets explains why real-estate investors should have a 'healthy fear' of the market right now — and why they should avoid the once-popular BRRR method entirely
▼ + stars: | 2023-05-02 | by ( Marley Jay | ) www.businessinsider.com time to read: +4 min

Scott Trench is the CEO of real estate investing platform BiggerPockets. BRRR is a way to make quick profits and build up a sizable real estate portfolio, and until recently, market conditions were very favorable for the approach. Interest rates have risen quickly by historic standards, but the fact that rates were going to go up significantly was clear in advance. How to handle today's housing marketWhile the last decade or so was great for renovators and flippers, Trench says real estate investors need to be cautious now. But now that it's much more expensive to borrow money, Trench said that listeners and forum members are looking for other ways to finance their purchases.

Fitbit Versa 4 The Fitbit Versa 4 disappoints as a fourth-generation smartwatch as it lacks third-party app support, has issues with fitness tracking, and doesn’t allow for music storage. Fitbit Sense 2 vs. Fitbit Versa 4: Smartwatch performanceOne of the main nitpicks we have with these watches is their disappointing lack of smartwatch capability. Fitbit Sense 2 vs. Fitbit Versa 4: Health and fitness trackingRick Stella/InsiderThe biggest difference between the Versa 4 and the Sense 2 comes down to their individual health and fitness tracking performance. Fitbit Sense 2 vs. Fitbit Versa 4: Battery lifePerhaps the best feature native to both the Sense 2 and the Versa 4 is their battery life, which lasts roughly six days depending on how it's used. However, due to the Versa 4's shortcomings in both smarts and fitness tracking, it pales in comparison to the Sense 2.

We need to stop thinking of life insurance as insurance. Unfortunately, we continue to see well-intentioned life insurance agents who don't sell more comprehensive policies to buyers they deem "too poor" for good life insurance. Common reasons people think they don't need life insuranceThe first and most important thing we want to address is the misconceptions about who doesn't need life insurance. If you buy a more comprehensive permanent life insurance policy, you can also use it as an investment vehicle for yourself. Insider's Featured Life Insurance Companies Lemonade Life InsuranceNationwide Life InsuranceGuardian Life Insurance Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options.

☆ I prescribe the popular weight-loss drug semaglutide to my patients. I hesitate to call it a magic bullet.
▼ + stars: | 2023-01-18 | by ( Hannah Moseley | ) www.businessinsider.com time to read: +7 min

Dr. Paul Kolodzik has been prescribing semaglutide to his diabetic patients since 2017. The one regret he hears from patients on the drug is they can't enjoy food as much. Before that, I was an emergency physician for about 25 years, caring for patients with strokes, heart attacks, and diabetic emergencies. I started prescribing semaglutide under the label Ozempic to my diabetic patients in 2017Novo Nordisk, a global pharmaceutical company, developed Ozempic as a medication for diabetics to control their blood sugar. So, physicians started prescribing some patients who weren't diabetic Ozempic off-label since Ozempic is not approved for weight loss — even though it's the same generic medicine.

The wealth gap remains a harsh reality for women of color, which makes it harder to build wealth. "Decide on what you're going to save and invest on a monthly basis," she says. You might not have been exposed to building wealth, the tenets of investing and paying taxes, and basic financial planning. Don't worry about getting it perfectFor first-generation women of color, it starts with learning more and doing more. You're going to make mistakes and you're going to trip along the way.

☆ How 'Real Housewife' Jen Shah's fabulous life came crashing down
▼ + stars: | 2023-01-06 | by ( Stephanie Clifford | ) www.businessinsider.com time to read: +43 min

The woman wrote to the judge overseeing Shah's case that she'd had to remortgage her house, almost divorced, and "thought about ending my own life." The couple decided that he should get his degree while Jen Shah dropped out of college to work. (Shah told a judge at her 2022 plea hearing that she had been treated for "alcohol and depression" two years prior. Koa Johnson, Jen Shah's former fashion designerWhen Sharrieff Shah did participate in filming, he quickly became a fan favorite, calm and sensible. Once the show aired and Jen Shah developed a fan base, her behavior became more dramatic, Johnson said.

☆ UBS: Here's how to invest in China in 2023 as the dramatic end to zero-COVID policies upends markets and boosts the domestic economy
▼ + stars: | 2023-01-05 | by ( Marley Jay | ) www.businessinsider.com time to read: +3 min

In 2022, experts said that the global economy would get a boost after China lifted its strict zero-COVID restrictions. He added that later in the year the tide could turn, and he expects China's economy to grow 5% by the end of 2023. "China's reopening is also a positive for Asian IG and HY bonds, in particular Chinese property developers," he said. That's had a significant effect on the global economy because China has been the largest single source of global economic growth for many years. That means the fate of China's economy this year will have a major effect on the performance of the global economy.

☆ I fell for a Facebook Marketplace scam and lost $300. Here are the red flags I wish I'd caught right off the bat.
▼ + stars: | 2022-12-28 | by ( Sam Silverman | ) www.businessinsider.com time to read: +9 min

That's right: I, an editor at a business publication that often warns our readers about the dangers of online scams, fell victim to an online scam. Screenshot courtesy of Sam SilvermanI turned to Facebook Marketplace, something I've done numerous times before. Data provider BeenVerified analyzed 165,000 scam complaints over the past three years and found that Facebook Marketplace scams grew 184.8% in the past year. In one instance, a Michigan woman lost her $15,000 life savings in a Facebook Marketplace car scam. Additionally, Zelle scams were listed as the second fastest-growing scams by BeenVerified, with Zelle scams up 86% this year, many of which were tied to Facebook Marketplace listings.

☆ Taking out debt used to be a mark of shame in the startup world. Investors like Peter Thiel are helping make it cool.
▼ + stars: | 2022-12-23 | by ( Emilia David | ) www.businessinsider.com time to read: +5 min

InsiderPeter Thiel poured $250 million into Tacora Capital, which reflects a new interest in venture debt. Data from the startup tracker PitchBook showed that US venture debt reached $26.5 billion in value at the end of November. Startups can access venture debt through banks like Silicon Valley Bank or funds that specialize in the vehicle. Since those lenders deal with younger companies, venture-debt terms can be more flexible than traditional business loans. Traditional VC isn't going anywhereWhat the experts all agree on is that venture debt isn't going to replace the traditional venture-capital model anytime soon.

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