DIRS.INFO The most relevant business & tech news

☆ Goldman Sachs says home prices are now more unaffordable for the average buyer than they were during the 2008 housing bubble. Here are the 2 things they say would have to happen for home prices to cra
▼ + stars: | 2023-10-12 | by ( William Edwards | ) www.businessinsider.com time to read: +4 min

It's even tougher to buy a home right now than it was during the peak of the mid-2000s housing bubble. For one, the labor market remains very strong, meaning demand will be supported — if people still have jobs, they still have money coming in to save for a home. Goldman SachsIn the Great Recession, rising unemployment hurt housing demand, bringing down home prices. Another reason Karoui thinks things are different today is what's happened in the adjustable-rate mortgage market. During the Great Recession, for example, unemployment stayed around current levels for several more months following Treasury yield curve inversion before rising meaningfully.

Persons: Goldman Sachs, Lotfi Karoui, Karoui, Goldman, Jan Hatzius, Piper, Michael Kantrowitz Organizations: Wall, Conference, Equity

☆ Neighbors app floods police inboxes with alerts that have nothing to do with crimes
▼ + stars: | 2023-10-11 | by ( Lam Thuy Vo | ) www.businessinsider.com time to read: +17 min

People can use Neighbors to publish footage alongside their posts; when the posts are forwarded to police officers, officers can click through to view the accompanying media. "All posts and comments on Neighbors are publicly viewable on the Neighbors feed by users and public safety agencies alike. As with Poole, other LAPD officers The Markup identified as using Neighbors to keep tabs on crime did not respond to requests for interviews. To familiarize LAPD officers with the platform, the company organized in-person training sessions as well as video calls. In this dataset, at least 26 LAPD officers posted in Neighbors at least once and received responses from users.

Persons: —, Poole, Craig Newmark, Detective Poole, Albert Fox Cahn, isn't, It's, Cahn, Ring, Mai Nguyen, Nguyen, Sarah Brayne, Peter Polack, Jamie Siminoff, didn't, Siminoff, Shaquille O'Neal, Neighbors, Andrew Guthrie Ferguson, Andrea Han, Drake Madison Organizations: Service, Los Angeles Times, Los Angeles Police Department, Ring News, LAPD, NYCity, Craig Newmark Graduate School of Journalism, CUNY, NBC, University of Texas, Employees, Intercept, Ebay, Neighbors Public Safety Service, Neighbors, Ring's, Los Angeles, Guardian, American University Washington College of Law, Data, didn't, Network Locations: Jeffry, United States, Neighbors, Angeles, Austin, Los, Shadow, Tuna, North Hollywood, RVs, Panera

☆ Lawmakers take aim at credit card interest rates, fees as cardholder debt tops $1 trillion
▼ + stars: | 2023-10-10 | by ( Greg Iacurci | ) www.cnbc.com time to read: +4 min

"We do not see a path forward for legislation to cap credit card interest rates," Seiberg said. There are 70 million more credit card accounts open now than in 2019, it said. Credit card interest rates have predominantly remained below 36% due to "self-restraint" by banks, though that's still "extremely high" for a credit card, said Lauren Saunders, associate director at the National Consumer Law Center. I think some of the [political] lines are starting to blur a little bit, at least on credit card issues. How to reduce your personal card rate to 0%Rossman's general advice to consumers: Make your personal credit card rate 0%.

Persons: Luis Alvarez, Rossman, Seiberg, There's, that's, Lauren Saunders, Ted Rossman, Sen, Bernie Sanders, Alexandria Ocasio, Glenn Grothman, Grothman, Hawley Organizations: Digitalvision, Getty, Cowen Washington Research Group, Republican, Federal Reserve Bank of New, Federal Reserve, National Consumer Law Locations: Federal Reserve Bank of New York, Alexandria, Cortez, Jesús, Chuy, García

LOS ANGELES (AP) — Caleb Williams actually doesn't like to run with the ball, even though he's clearly exceptional at it. Political Cartoons View All 1202 ImagesWilliams shook it off and coolly led USC to scores on each of its three overtime possessions. After USC went up 28-20 on Williams’ second TD run early in the fourth quarter, Arizona tied it with 8:17 to play on a gutsy TD pass and a two-point conversion pass by Fifita. Williams rushed 18 yards for a TD in the first overtime, but Cowing caught a TD pass from Fifita on Arizona’s first OT snap. Austin Jones then rushed for an 11-yard TD for USC, but Williams couldn’t hit Brenden Rice for the win.

Persons: — Caleb Williams, he's, Williams, “, ” Williams, Arizona's, you’ve, Mason Cobb, Lincoln, ” Riley, ” Noah Fifita, Jacob Cowing, Jedd Fisch, Fisch, We've, we’ve, …, they’re, Tyler, USC’s, crouch, Cowing, ” Fifita, ” Cowing, Calen Bullock, Austin Jones, Brenden Rice, Tanner McLachlan, Jayden de Laura, Fifita, Jonah Coleman Organizations: ANGELES, Heisman, USC, Trojans, Coliseum, Lincoln Riley’s, Wildcats, Fifita, Arizona, Washington State, Notre Dame, AP Locations: Southern California, Arizona, D.J, Fifita, Orange County, South Bend, UP

☆ Republican Rep. Tim Burchett says he 'slept like a baby' after voting to remove Kevin McCarthy as speaker
▼ + stars: | 2023-10-07 | by ( John L. Dorman | ) www.businessinsider.com time to read: +5 min

Rep. Tim Burchett on Wednesday criticized Kevin McCarthy after voting to oust him as speaker. Burchett told Showtime that McCarthy called him after the vote and made "very condescending" remarks. During an earlier CNN interview, Burchett said McCarthy made a remark that "belittled" him and his belief system. AdvertisementAdvertisement"The leadership is probably thinking you're not going to be a problem," Palmieri told Burchett in an exchange on Wednesday, one day after the historic vote. AdvertisementAdvertisement"I said, 'Well, you answered it right there,'" Burchett told McCarthy.

Persons: Tim Burchett, Kevin McCarthy, Burchett, McCarthy, —, Matt Gaetz, Matt Rosendale, Jennifer Palmieri, Palmieri, Tom Williams, Jake Tapper, Tapper, Gaetz Organizations: Showtime, CNN, Service, Republicans, Democratic, Inc, Getty Locations: California, Florida, Montana, Tennessee, United States

The Blue Business® Plus Credit Card from American Express and The American Express Blue Business Cash™ Card are two great no-annual-fee business cards, but they usually don't come with welcome offers for new cardholders. With The American Express Blue Business Cash™ Card, you can earn unlimited cash back on your spending with no annual fee. Amex Blue Business Cash Card review External link Arrow An arrow icon, indicating this redirects the user." Blue Business Cash Card welcome bonus detailsThe American Express Blue Business Cash™ Card is the cash-back counterpart of The Blue Business® Plus Credit Card from American Express, earning 2% cash back on up to $50,000 in purchases each calendar year (then 1% back). Read our Amex Blue Business Cash card review for more details.

Persons: —, You've, you'll, APRs, Cash, you've, There's Organizations: American Express, Service, Express, Blue, Business, The

In her suit, Ormond says she was a star on the rise when she met Weinstein in 1994. She accuses CAA, Disney and Miramax, saying that they knew Weinstein presented a danger to women but did nothing to stop him or to help her. Political Cartoons View All 1199 ImagesThe lawsuit marks the first time Ormond has publicly accused Weinstein of sexual assault. The Associated Press generally doesn't name the alleged victims of sexual assault, but is in this case because Ormond has spoken publicly about it, including in an interview with Variety. Weinstein, 71, was convicted of rape and sexual assault in New York in 2020 and is in prison in the state.

Persons: — Julia Ormond, Brad Pitt, Harrison Ford, Harvey Weinstein, Ormond, Weinstein, Imran Ansari, Julia Ormond, “ Sabrina ”, ”, Sean Connery, Richard Gere, ___ Dalton Organizations: Walt Disney Co, Miramax, Creative Artists Agency, CAA, Disney, Associated Press, Variety, Pitt, Ford Locations: Manhattan, British, New York, Los Angeles

“The electrons are very fast, and the electrons are really the workforce in everywhere,” Nobel Committee member Mats Larsson said. WHAT DISCOVERY WON THE NOBEL PRIZE IN PHYSICS? “Let’s take one second, which is the time of a heartbeat,” Nobel Committee chair Eva Olsson said. “I was very concentrated, forgot about the Nobel Prize and tried to finish my lecture,” L'Huillier told the AP. The physics prize comes a day after two scientists won the Nobel Prize in medicine for discoveries that enabled the creation of mRNA vaccines against COVID-19.

Persons: Anne L’Huillier, Pierre Agostini, Ferenc Krausz, Mats Larsson, “, ” L’Huillier, ” L'Huillier, Eva Olsson, Mark Pearce, “ It's, that's, ” Krausz, Krausz, L'Huillier, ANNE L'HUILLIER, FERENC KRAUSZ, PIERRE AGOSTINI, L’Huillier, ”, wasn't, Agostini, it's, Max, Ludwig Maximilian, I'd, Wolf, Paul Corkum, Corkum, Alfred Nobel, ___ Borenstein, Mike Corder, Nicolas Garriga, Jan M, Olsen, Geir Moulson Organizations: STOCKHOLM, Lund University, Associated Press, “, Lund, Royal Swedish Academy of Sciences, Ohio State University, Max Planck, Quantum Optics, Ludwig, Ludwig Maximilian University of Munich, University of Ottawa, COVID Locations: French, Swedish, Hungarian, Sweden, Stockholm, “, Paris, Columbus, Washington, Leicester, The Hague, Netherlands, Copenhagen, Berlin

☆ It's clear Trump played the debates perfectly, and by avoiding them entirely he's turned them into a pointless spectacle
▼ + stars: | 2023-09-28 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +5 min

Trump made the right decision by skipping the GOP primary debates. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Now, one of his senior advisors is calling for the Republican National Committee to cancel any future debates. Now, it looks clear that by staying away Trump deprived the debates of the spectacle that surrounds him. Chris Christie quipped the debate that Trump would be known as "Donald Duck" if he continued to skip out.

Persons: Trump, —, Donald Trump, Ronald Reagan's, Fox, Mark Burnett, Joe Biden, Ron DeSantis, DeSantis, Chris Christie, Donald Duck, Nikki Haley, Sen, Tim Scott, Haley, Scott Organizations: Service, GOP, Republican National Committee, wiz, Disney, . New, . New Jersey Gov Locations: Iowa, Florida, ., . New Jersey

☆ My computer science classes were too slow, so I dropped out to focus on my AI startup. Even my dad agreed.
▼ + stars: | 2023-09-24 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +5 min

Govind Gnanakumar enrolled at Georgia Tech in 2022 as a freshman majoring in computer science. I spent my senior year of high school thinking I'd study computer science, philosophy, and linguistics in college. I ended up enrolling in Georgia Tech with plans to major in computer science. You don't need to act like a cloistered nun in academia to study computer science. So, I told him that I was going to take a leave of absence from Georgia Tech.

Persons: Govind Gnanakumar, Gnanakumar, you've, Mahesh Natamai, Maaher Gandhi, didn't, Y Organizations: Georgia Tech, Service Locations: Wall, Silicon

☆ Business travel spending is recovering quicker than expected. These are the stocks to buy right now
▼ + stars: | 2023-09-20 | by ( Michelle Fox | ) www.cnbc.com time to read: +6 min

There have been some encouraging signs that business travel is rebounding to pre-Covid spending levels sooner than anticipated, according to the Global Business Travel Association . Business travel was essentially shut down during the Covid pandemic, with many predicting a slow slog to revive sales and a landscape that would be permanently changed. Now the organization is predicting global business travel spending will surpass its 2019 spending level of $1.4 trillion in 2024, compared with its earlier forecast of 2026. Some 28% of those who make the business travel decisions and 32% of those in charge of company travel budgets said their workplace will increase business travel in the coming year, Morning Consult found. Of course, the recovery in business travel can also shift if there are changes in the economic environment.

Persons: Lindsey Roeschke, Roeschke, That's, Michael Linenberg, Linenberg, Patrick Scholes, Scholes, — CNBC's Michael Bloom Organizations: Global Business Travel Association . Business, Morning, Deutsche Bank, CNBC, American Airlines, Delta Air Lines, United Airlines, Ryman Hospitality Properties, Ole Opry, Hospitality, Hyatt Hotels Locations: Delta

☆ Insider Today: Apple's new iPhone is here
▼ + stars: | 2023-09-13 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +9 min

This post originally appeared in the Insider Today newsletter. But the show's real stars were the new versions of Apple's iPhone and Apple Watch. But if you were hoping a new iPhone will send Apple's stock soaring, think again. Prior to Tuesday's event, Apple's shares fell an average of 0.2% on days a new iPhone was announced, according to Barron's. The Insider Today team: Dan DeFrancesco, senior editor and anchor, in New York City.

Persons: Bond, Elon Musk's, Justin Sullivan, Octavia Spencer, Tim Cook, Max, Insider's Sarah Jackson, Jordan Hart, Lakshmi, iPhones, Gary Coronado, Jamie Dimon, — Warren Buffett —, Bill Gross, DoubleLine's Jeffrey Gundlach, Pimco, DoubleLine's, Gross, Anna Moneymaker, Thomas Trutschel, isn't, Sundar Pichai, Elon, Walter Isaacson, Read, Kent Walker, Chelsea Jia Feng, Patreon, Naomi Osaka, Shaquille O'Neal, Allegra, Dayquil, Jennifer Aniston, Reese Witherspoon, Yelp, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Jets, Apple, Apple Watch, Getty, Bloomberg, JPMorgan, Wall, Google, Software, Amazon, FDA, North American, Detroit Auto, GMC, Bourbon Locations: Wall, Silicon, Milwaukee, Lakshmi Varanasi, ., China, that's, Latvia, Estonia, Chelsea, Colorado, Arizona, Morocco, New York City, San Diego, London, New York

"These results demonstrate that our updated COVID-19 vaccine generates a strong human immune response against the highly mutated BA.2.86 variant. "Moderna will continue to rapidly assess global public health threats and is committed to leveraging our mRNA platform against COVID-19." The company’s announcement comes as the Biden administration prepares to authorize the updated shots from Moderna, Pfizer and Novavax as soon as next week. While the shots target XBB.1.5, which was responsible for about 3% of new infections in recent weeks, researchers are optimistic that it will hold up against other circulating variants. “With governments accelerating the timing of COVID-19 vaccination campaigns due to the potential risk of BA.2.86, Moderna has shared this data with regulators and is ready to supply its updated COVID-19 vaccine pending regulatory approval,” the company wrote in a press release.

Persons: “ pirola, Stephen Hoge, Ashish Jha, ” Pirola, Biden Organizations: Moderna, Wednesday, EG, COVID, White, Centers for Disease Control, Pfizer, Novavax Locations: U.S, Moderna

☆ Russian hardliners are fuming that the Kremlin wasn't able to top a string of embarrassing attacks on home soil
▼ + stars: | 2023-08-31 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +3 min

Russia's military bloggers are mad over escalating drone attacks on home soil. They have often highlighted problems within Russia's military which were not acknowledged by officials or Russia's closely-controlled mass media. Their anger was prompted by an increasing number of drone attacks, likely organized by Ukraine or Ukraine-affiliated groups. And some of these strikes have destroyed and damaged Russian military aircraft sitting on home soil. Military analysts told The Wall Street Journal that Ukraine has probably disabled more Russian aircraft sitting in Russian bases than it has aircraft involved in combat.

Persons: Russia's, milbloggers, Rybar, Alexander Kots Organizations: Service, Ministry of Defense, Wall Street Journal Locations: Western Russia, Russia, Wall, Silicon, Ukraine, Russia's Pskov, Crimea, Russian, Europe

☆ Russia is likely rethinking its air defenses, UK intel says, after a string of embarrassing strikes deep within its territory
▼ + stars: | 2023-08-31 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +4 min

Drone attacks on airfields in Russia are likely forcing it to reshape its air defense, UK intel said. Airfields and other locations deep within Russian territory have been pummeled in multiple strikes by exploding drone attacks in recent weeks — with one flurry, on the night of August 29, striking five separate locations. In August alone 25 places in Russia came under drone attack, the UK MOD said, even penetrating the defenses around Moscow. "Russia will have to consider the addition of further air defence systems to airfields that it considers to be at risk from UAV attacks," the UK MoD said. Russia has blamed the attacks on Ukraine, which generally doesn't claim responsibility for attacks on Russian soil.

Persons: Insider's Sinéad Baker, recrimination, Baker, Bob Hamilton, Ben Hodges, Insider's Erin Snodgrass Organizations: intel, Service, UK's Ministry of Defence, Center for Strategic, MOD, MoD, US Army, Foreign, Research, Eurasia Program, Washington Post, Wall Street Journal, Tupolev, Russia Locations: Russia, Wall, Silicon, Moscow, Ukraine, Ukrainian, US Army Europe

☆ Radious lets you rent your home to businesses as a coworking space: 'It's like Airbnb and WeWork had a baby'
▼ + stars: | 2023-08-13 | by ( Tim Paradis | ) www.businessinsider.com time to read: +12 min

Radious lets homeowners rent out their houses to companies that want coworking spaces. The Portland, Oregon, company lets homeowners rent to companies in need of coworking spaces. Radious also lets companies request access to spaces in other cities across the US to tap into a network of not-yet-public options. And Milwaukee really prides itself on being welcoming and friendly. It would seem like some suburbs that are just house after house may not be as attractive.

Persons: Radious, Amina Moreau's, Moreau, lockdowns, Robin Daniels, WeWork, Airbnbs, we've, we're, Amina Moreau Radious, it's, We've Organizations: Service, WeWork Locations: Portland , Oregon, Wall, Silicon, The Portland , Oregon, Portland, Milwaukee, Lake Michigan

☆ 3 options for struggling student loan borrowers when payments restart
▼ + stars: | 2023-08-10 | by ( Annie Nova | ) www.cnbc.com time to read: +3 min

Jacob Wackerhausen | Istock | Getty ImagesWith other household debt on the rise, the restart of student loan payments in less than two months may cause financial hardship for many Americans. The pause on federal student loan payments is one of the last Covid pandemic-era relief measures still in effect, but the bills are expected to finally resume in October. If you're unemployed when student loan payments resume, you can request an unemployment deferment with your servicer. The maximum amount of time you can use an unemployment or hardship deferment is usually three years, per type. Kantrowitz provided an example: A $30,000 student loan with a 5% interest rate would increase by $1,500 a year under a forbearance.

Persons: Jacob Wackerhausen, Mark Kantrowitz, Kantrowitz, Betsy Mayotte, Biden Organizations: Istock, Deferments, Peace Corps, The, Student Loan Advisors Locations: Mayotte

☆ Trick That Helps Big Pharma Companies Avoid Paying Billons in US Taxes
▼ + stars: | 2023-08-03 | by ( Brad Setser | Tess Turner | ) www.businessinsider.com time to read: +11 min

But take a look at the corporate disclosures of America's largest pharmaceutical companies, and a puzzling hole opens. Large legal loopholesThe offshore migration of these pharmaceutical companies' profits may seem egregious, but the tax gymnastics are generally legal. On paper, America's corporate-tax rate is 21%, but the country's largest and most profitable pharmaceutical companies don't pay anything close to that. What's more, the superlow rate enjoyed by American pharmaceutical companies isn't necessary for these firms to be internationally competitive. A spoonful of medicine to make the taxes go downAmerica's pharmaceutical companies have made great contributions to medicine.

Persons: Democratic Sen, Ron Wyden, AbbVie, it's, Keytruda, Gilead, Eli Lilly, they've, Brad W, Whitney, Tess Turner Organizations: Merck, National Institutes of Health . Pharmaceutical, Democratic, Pfizer, US pharma, US Treasury, Trump, Treasury, US, Denmark's, Nordisk, Novartis, National Institutes of Health, Whitney Shepardson, Council, Foreign Relations Locations: Oregon, America, Caribbean, Europe, Bermuda, Puerto Rico, Germany, Ireland, Singapore, Switzerland, Belgium, Denmark

☆ Disney deja vu? DeSantis may be picking a fight with another business that did something he doesn't like
▼ + stars: | 2023-07-22 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +3 min

DeSantis has feuded with Disney for over a year, but now seems to have set his sights on Bud Light. DeSantis has directed an inquiry into AB InBev after Bud Light partnered with a trans influencer. DeSantis said Disney had "crossed the line" and that the state would "fight back." Disney sued DeSantis for retaliation and violating the company's First Amendment rights — a charge the governor and the state has denied. It's notable that DeSantis is taking issue with the financial fallout Bud Light has experienced as a result of partnering with Mulvaney — when DeSantis himself encouraged consumers to boycott the brand.

Persons: DeSantis, Bud, Bud Light, Ron DeSantis, didn't, Disney, influencer Dylan Mulvaney, there's, Mulvaney Organizations: Disney, InBev, Bud, Service, Gov, Parental, Fox News Locations: Wall, Silicon, Florida

☆ 'No sign of a recession': 3 signs suggest the US economy is so strong it may not even cool to a soft landing
▼ + stars: | 2023-07-20 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

These are the three signs that suggest the economy's strength means it doesn't have to worry about sticking the landing. "Not only do we see no sign of recession, but it also doesn't even look like the economy is looking for a 'landing' at this point," Varghese said. Looking at the last three months of economic data, Varghese highlighted three data points that suggest the economy is likely to remain stronger than many expect and ultimately avoid a recession. Retail sales rose at an annualized pace of 4.7% in the second-quarter, and retail sales excluding vehicle and gas station sales rose at a 6.3% annual pace. Taken altogether, the data suggests to Varghese that the US economic growth reaccelerated over the past year.

Persons: Carson Group's Sonu Varghese, Carson, Sonu Varghese, Varghese, it's Organizations: Carson, Federal Locations: Atlanta

☆ Trump-less debate could hurt GOP primary stragglers the most
▼ + stars: | 2023-07-18 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

Some Republican presidential hopefuls are pushing hard just for the chance to seize the stage in their party's primary debate next month. But the impact of the event may be limited if their top rival, former President Donald Trump, is a no-show. Reagan skipped a GOP debate in Iowa in 1980, but caught flak for the decision and participated in a later debate in the cycle. Trump himself skipped a primary debate in 2016, opting instead to hold a campaign event nearby. Sen. Ted Cruz of Texas experienced something of that kind during the 2016 debate that Trump skipped, according to a post-debate poll of GOP insiders who rated Cruz the loser that night.

Persons: Donald Trump, Trump, hasn't, Saul Anuzis, isn't, Ronald Reagan didn't, Reagan, it's, Ron DeSantis, Joe Biden, Anuzis, Sen, Ted Cruz, Cruz Organizations: U.S, Republican, Fox News, Michigan GOP, Trump, Florida Gov, Republican Party Locations: Washington , U.S, Milwaukee, Michigan, Iowa, Ted Cruz of Texas

☆ Ted Cruz is getting really worked up about the 'Barbie' movie and accusing it of feeding young girls 'Chinese communist propaganda'
▼ + stars: | 2023-07-17 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

Ted Cruz slammed the "Barbie" movie for its depiction of a disputed region in the South China Sea. "This is Chinese communist propaganda," Cruz told The Daily Signal on Sunday. "This is Chinese communist propaganda in which the Chinese are asserting sovereignty over the entirety of the South China Sea. This is not the first time the Texas Republican has weighed in on the "Barbie" movie. China has built 20 outposts in the Paracel Islands, a group of small islands and reefs in the South China Sea.

Persons: Ted Cruz, Cruz, Sen, Barbie, it's, " Cruz, hasn't Organizations: Daily, Service, Texas Republican, Twitter, Chinese Communist Party, Hollywood, Hague, US, US Navy, China, South China, Warner Bros Locations: South China, Vietnam, Philippines, Wall, Silicon, Texas, Asia, China, Paracel, South, United States, Barbie

☆ I super-commute by plane to my internship to avoid expensive east coast rent. Here's how it works.
▼ + stars: | 2023-07-01 | by ( Grace Kay | ) www.businessinsider.com time to read: +6 min

Sophia Celentano went viral on TikTok after she shared how she commutes by plane to her internship. She said the unusual commute allows her to save money on expensive east coast rent. I'm usually at my gate by around 5:15 a.m., which is exactly when boarding starts. My morning flight often lands about 15 minutes early. I get to the office usually around 8:30 or 8:45 a.m., and that's when I start my full 9-to-5 workday.

Persons: Sophia Celentano, Celentano, Ogilvy, I'd, I'm, it's, I've, Uber, — Organizations: TSA, Newark Penn Station, New Locations: Charleston, Richmond , Virginia, Newark, New York City, New Jersey, Virginia

☆ The US stock market rally is unsustainable, but making these 20 international investments can lead to long-term profits, according to 3 fund managers with over $43 billion in combined assets
▼ + stars: | 2023-06-30 | by ( James Faris | ) www.businessinsider.com time to read: +9 min

International stocks have underperformed for over a decade, while US growth names took off. However, foreign companies have attractive relative valuations and earnings growth. Why foreign stocks are more than just a good dealAnyone bullish on international stocks will almost always point to their valuations relative to US companies. Investors can get downside protection in this uncertain environment by buying international stocks that are high quality and can generate their own growth, Deladerriere said. And in addition to their rising earnings growth, the fund manager noted that the two pay sizable dividends.

Persons: they've, Nick Paul, Paul, Steve Gorham, who's, Gorham, Wes Crill, Crill, isn't, Alexis Deladerriere, Deladerriere, there's, Goldman, haven't, He's, it's Organizations: MFS Investment Management, Value, Vanguard, Index, Yahoo Finance, Dimensional Fund Advisors, Fund, Goldman Sachs International Equity Income, Goldman, Asset Management, Goldman Sachs, Management, HSBC, BNP, Schneider, MFS, Hitachi Locations: Europe, Asia, BlackRock, weightings, Gorham, Japan, London, Paris, Spanish, Ukraine, France, Australia, Taiwan

☆ Costco is more like Netflix than Walmart — and it's key to how the company stays profitable
▼ + stars: | 2023-06-28 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +4 min

Although it's the third-largest retailer in the world, most of its profit comes from membership fees. The recent news shows how wholesale clubs like Costco have more in common with Netflix than Walmart. Although Costco is the third-largest retailer in the world, its reliance on membership fees means it's in some ways more like Netflix than Walmart. Other operating costs, like payroll and utilities, mean the company retained less than $3.5 billion from its top-line sales last year. High costs have led Costco, Netflix to crack downFor years now, both Costco and Netflix have been content to look the other way as paying members shared passwords and ID cards in violation of their respective policies.

Persons: — Organizations: Costco, Netflix, Walmart, Service, Sam's

Search resuls for: "Ally doesn't"

25 mentions found