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☆ I inherited my parents' small business even though I didn't want it. I vowed not to do the same thing to my son.
▼ + stars: | 2024-10-11 | by ( Chris Mott | ) www.businessinsider.com time to read: +5 min

Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The family worked for years to establish their business. After 34 years, the family business had to leave its once permanent home. I kept my parents' dreams alive for a long time and kept them from being destitute and homeless. My folks wanted their legacy to live on with me at the helm.

Persons: —, grandpa, Knott's, I've, Jack Organizations: Service, Guinness, World Records, Orlando, Disney Locations: Buena Park , California, San Francisco , Louisville, Miami, Knott's

☆ When Europe’s railroad dining cars were the height of luxury
▼ + stars: | 2024-10-11 | by ( Oscar Holland | ) edition.cnn.com time to read: +11 min

The most luxurious experience of them all, however, could be found in the dining car. The latter was the first train car to offer on-board meals, including regional specialties like gumbo, which were prepared in a 3-foot-by-6 foot kitchen. By the 1870s, dining cars could be found on sleeper trains across North America. But this decentralized production model also contained the seed of dining car’s ultimate demise. And despite a revival of interest in train travel on the continent, dining cars (or certainly those equipped with kitchens) are now largely the preserve of tourist services.

Persons: —, impeccably, Henri Opper de Blowitz, Francois Guillot, Graham Greene, Agatha Christie, Charles Dickens, George Pullman, ”, Pullman, Georges Nagelmackers, Arthur Mettetal, “, René Prou, glassmaker, ” —, Mettetal, ” Mettetal Organizations: CNN, Orient Express, Gare de, Getty, New, Compagnie Internationale des, Orient, Nord, Express, “, Pullman, Deco, Italy —, Bettmann, SNCF, Documentation Department Locations: Gare, Gare de l’Est, Paris, Europe, Constantinople, Istanbul, AFP, Britain, America, New York, North America, Belgian, Saint Petersburg, Lisbon, France, North Africa, East, London, Vichy, Switzerland, Italy, Toulouse

☆ AI is transforming fraud prevention in digital payments. Here's how.
▼ + stars: | 2024-10-11 | by ( Sponsor Post | ) www.businessinsider.com time to read: +6 min

Visa Protect is an AI-driven suite of solutions that includes real-time risk scoring to help prevent fraud and secure digital transactions. These risk solutions harness the power of artificial intelligence to help safeguard merchants, financial institutions, and consumers at every transaction stage. AI shines in fraud preventionFor over 30 years, Visa has been a leader in using AI to combat fraud. But AI has proven to be a powerful weapon in risk prevention for digital payments and transactions. Learn more about Visa Protect risk solutions.

Persons: James Mirfin, Mirfin, We've Organizations: Visa, Research, Visa Protect, Open Banking, Intelligence, Service, Insider Studios

☆ Teens are feeling pressured and burned out. Here’s how to help
▼ + stars: | 2024-10-10 | by ( Kara Alaimo | ) edition.cnn.com time to read: +7 min

Some 81% of teens ages 13 through 17 feel pressure that leaves them feeling badly about their game plans, achievements, appearances, social lives, friendships and/or how informed they are about issues, the survey found. Social media makes the pressure worse for most teens, but some said social media can also help lessen it. The survey, which was conducted in fall 2023, found that 27% of teens said they were burned out. (The survey of 1,545 teens ages 13 to 17 had a margin of error of plus or minus 3 percentage points.) How adults pressure kids“Adults — parents, teachers, coaches — are clearly contributing to some of the negative pressures teens feel, even if we don’t mean to,” Weinstein said.

Persons: Kara Alaimo, —, ”, Emily Weinstein, ” Weinstein, Jennifer Breheny Wallace, it’s, Wallace, ” Melissa Greenberg, ’ ” Greenberg, ” Wallace, Greenberg, “, ” Greenberg, don’t, It’s Organizations: Fairleigh Dickinson University, Women, Press, Facebook, CNN, Harvard Graduate School, Education’s Center for Digital, Indiana University, Social, Center for Digital, Gallup, Walton Family Foundation, Princeton Psychotherapy Center

CNN —Two federal judges have rejected requests to immediately reopen voter registration in Georgia and Florida as the southeast continues to grapple with significant storm damage ahead of the November election. Brian Kemp and Secretary of State Brad Raffensperger — both of whom are Republicans — argued there would be a significant “administrative burden” on the state’s elections offices if the voter registration deadline were to be extended. Ron DeSantis told reporters that there’s “nothing inhibiting” unregistered voters from registering ahead of the deadline later that day. But we’re not going to change any registration deadline. You can register today, and there doesn’t need to – there’s no reason to open that up,” the governor said.

Persons: Hurricane Helene, Hurricane Milton, Eleanor Ross, Brian Kemp, Brad Raffensperger —, —, Ross, “ Harms, ”, Barack Obama, “, Robert Hinkle, Bill Clinton, Ron DeSantis, ” DeSantis, Ian, Helene, we’re Organizations: CNN, US, NAACP, Georgia Coalition, New Georgia Project, Gov, Hurricane Milton, League of Women Voters, Florida NAACP, ”, Milton, Republican Gov Locations: Georgia, Florida, Hurricane, Atlanta

☆ 'Stop worrying about a Trump presidency,' NATO's new chief says during UK visit
▼ + stars: | 2024-10-10 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +3 min

Rutte met with UK Prime Minister Keir Starmer and Ukrainian President Volodymyr Zelenskyy. "Stop worrying about a Trump presidency," Rutte told reporters outside Downing Street. AdvertisementMark Rutte addressed the prospect of a second Trump presidency during his first official visit to London as NATO Secretary General on Thursday. Rutte, a former Dutch prime minister, was in the capital to meet with UK Prime Minister Keir Starmer and Ukrainian President Volodymyr Zelenskyy. "So, really, stop worrying about a Trump presidency.

Persons: Mark Rutte, Rutte, Keir Starmer, Volodymyr Zelenskyy, —, Trump, it's, Kamala Harris, Donald Trump, placating Trump, Rachel Rizzo, he's, Rizzo, Zelenskyy Organizations: NATO, UK, Trump, Downing, Service, Ukraine, Putin, Council's, Center Locations: London, Dutch, Ukraine, United States, Washington, San Francisco, Netherlands, Russia

☆ Common heart conditions raise the risk of dementia, experts say
▼ + stars: | 2024-10-10 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +9 min

Nearly 130 million adults in the United States have some form of heart disease, according to the AHA. Having coronary heart disease raises the risk of future dementia by 27% compared with people without heart disease, the AHA statement said. Heart attacks and heart failureAbout every 40 seconds, someone in the United States will have a heart attack, the AHA estimates. Heart failure is a more severe form of heart disease, in which the heart is too weak to pump enough blood and oxygen to the body’s organs. That benefit held true even for people with existing diagnoses of cardiometabolic conditions such as type 2 diabetes, heart disease and stroke.

Persons: ”, Fernando Testai, Testai, Andrew Freeman, Freeman, ” Freeman, ” Testai Organizations: CNN’s, CNN, American Heart Association, University of Illinois College of Medicine, AHA, Jewish Health, World Health Organization, WHO, US Centers for Disease Control Locations: Chicago, United States, Denver

☆ Stellantis is struggling. Here's why
▼ + stars: | 2024-10-10 | by ( Robert Ferris | In | ) www.cnbc.com time to read: +3 min

American car brands Jeep, Ram, Dodge and Chrysler are struggling under their new owner. The European-American giant Stellantis is the world's fifth-largest automaker by volume, according to S&P Global Mobility. But Stellantis did better than that. 2023 was a banner year: record sales, record profits, record free cash flow. Out of all brands in the U.S., Stellantis vehicles have some of the highest inventories of vehicles on dealer lots, according to Cox Automotive.

Persons: Daniel Roeska, Bernstein, Stellantis, Stephanie Brinley, Carlos Taveres, Roeska Organizations: Dodge, Chrysler, P Global Mobility, Groupe PSA, Italian Fiat Chrysler, Products, Jeep, RBC Capital, Cox Automotive, United Auto Workers Locations: Italian, North America, U.S, America, China

☆ I inherited over 1000 salt and pepper shakers from my grandmother. I kept my favorites and sold the rest, and it taught me a lesson in letting go.
▼ + stars: | 2024-10-10 | by ( Trace Salzbrenner | ) www.businessinsider.com time to read: +4 min

AdvertisementWhen I was a kid, my grandma loved to tell me about her collection of salt and pepper shakers. Over time, her collection grew — and then, I inherited itThere were salt and pepper shakers shaped like pumpkins, some like rabbits. AdvertisementAnd what the hell was I supposed to do with that many salt and pepper shakers? Trying to move more than 1000 salt and pepper shakers over 1000 miles was a nightmare I did not want to face. AdvertisementI had to take a moment and think about the real importance of the salt and pepper shakers.

Persons: —, grandma Organizations: Service

According to the lawsuit, these universities bilked applicants from divorced or separated homes by including the financial backgrounds of noncustodial parents when determining financial aid packages. The universities engaged in “a concerted action” to require that an applicant’s noncustodial parents, meaning the parent a student does not primarily live with, provide their financial information to be eligible for nonfederal financial aid, the lawsuit states. The universities generated financial aid offers based on an applicant’s custodial and noncustodial parents’ financial statuses. The College Board’s push to include noncustodial parents’ financial information began in 2006, the lawsuit says, and never included consideration for whether that parent would contribute to a student’s education. “This lawsuit has no merit and NYU intends to vigorously defend itself and its financial aid policies and procedures,” NYU spokesperson John Beckman said in a statement.

Persons: Brown, Hagens Berman, Steve Berman, ” Berman, ”, John Beckman Organizations: Harvard, Cornell, Dartmouth, Yale, Boston University, Cornell University, Northern, Northern District of Illinois, College Board, “, College Board’s, Financial, Columbia University, The, Board, ” New York University, NBC News, NYU, Georgetown University, Fordham, University of Pennsylvania, NBC Locations: United States, U.S, Northern District, Columbia

☆ Meet the executive tasked with Citi's hardest challenge: getting the bank's house in order
▼ + stars: | 2024-10-09 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +18 min

For Selva, leading the Transformation is unlike any test he has faced in his three-decade career at Citi. To do so, he has to solve for Citi's decades of underinvestment in its infrastructure, which affects every business line of the bank. Under Selva, Citi was the No. Related stories"The challenge with the Transformation role is you are accountable yet not responsible," the managing director in the Transformation said. Courtesy of CitiBringing in Ryan, the bank's head of technology and business enablement, to help the bank catch up makes sense.

Persons: Jane Fraser, Anand Selva, Selva, Sen, Elizabeth Warren, We've, Fraser, Gonzalo Luchetti, Luchetti, Kathleen Martin, Martin, Mike Mayo, Tim Ryan, Mayo, Vernon Yuen, Adora Tidalgo, Anand, Jim O'Donnell, Win McNamee, Andy Sieg, Tidalgo, Phil Waxelbaum, Jeffrey Warren, Ryan, Warren, Ashutosh Nawani, Japan Mehta, Mehta, Nawani, Tom Williams, Timothy Coffey, Janney Montgomery Scott, they've, Stephen Biggar Organizations: Citigroup, Citi, Federal Reserve, Currency, OCC, Business, underperformance, BI, Citi ., Coimbatore Institute of Technology, Madurai Kamaraj University, Asia Pacific, divesting, Employees, Merrill Wealth Management, PricewaterhouseCoopers, Russell Reynolds Associates, Securities, Exchange Commission, Bloomberg, Getty, Argus Research Locations: Selva, Chennai, India, Asia, who's, Wells, Madurai, Coimbatore, China, Singapore, New York, Fraser, Europe, Ryan

☆ Moving to Amsterdam, paying off loans: 3 millennial moms on the major money moves they made to feel confident having kids
▼ + stars: | 2024-10-09 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +7 min

It was less a comment on my sister's personal financial situation and more reflective of the fact that having kids isn't just expensive. Some managed to follow the previously typical trajectory of getting married, buying a house and then having kids when the time felt right. Outside of Baltimore, 'having a house really made us feel comfortable having children'Achieving the major financial milestone of homeownership helped Marie Medina, 28, and her husband, Daniel, feel ready to start having kids. "Having a house really made us feel comfortable having children," Medina says. She and her husband moved from the Bronx to Portland, Oregon, in 2021, in part to make their dream of having kids more financially feasible.

Persons: you'll, it's incalculable, it's, aren't, homeownership, Marie Medina, Daniel, Medina, Marie, Daniel Medina, Yolanda Cando, Gilleran, Yolanda, Graham Cando, Alejandra Rojas, didn't Locations: Baltimore, Columbia , Maryland, New York City, Bronx, Portland , Oregon, Portland, Oregon, Amsterdam, Colombia, Netherlands, Maryland

☆ Homebuyers Have Hope With Lower Mortgage Rates, More Houses Available
▼ + stars: | 2024-10-09 | by ( James Rodriguez | ) www.businessinsider.com time to read: +11 min

Wild swings in mortgage rates discouraged almost everyone from venturing out into the market. As I wrote earlier this year, a gummed-up housing market — the Ice Age I was talking about — is good for nobody. When mortgage rates hit multidecade lows during the pandemic, millions of people were able to snag or refinance their way into cheaper monthly costs. That'd be within spitting distance of what the experts at John Burns Research and Consulting, a housing-research firm, call the "magic mortgage rate." In other words, trying to predict mortgage rates — and buying or selling a home accordingly — is a fool's errand.

Persons: Green, that's, Skylar Olsen, everyone's, it's, there's, Fannie Mae, John Burns, they'd, Ralph McLaughlin, Olsen, Lawrence Yun, Altos, Mike Simonsen, Chen Zhao, Zhao, We're, Mark Palim, Palim Organizations: Federal Housing Finance Agency, Federal Reserve, John, John Burns Research, Consulting, National Association of Realtors, Altos Research, Builders, Sun Locations: Sun Belt, Midwest

☆ Empty gas stations, full hotels, and gridlocked highways: A Tampa resident shares what she saw on her 'terrifying' evacuation from Hurricane Milton.
▼ + stars: | 2024-10-09 | by ( Allie Kelly | ) www.businessinsider.com time to read: +5 min

Hurricane Milton threatens Florida's Central Gulf Coast with Category 4 winds and storm surge. An employee tapes up a gas pump ahead of Hurricane Milton. The Milton evacuation comes just days after after she and her boyfriend had to buy supplies and rent a hotel room to avoid Hurricane Helene. AdvertisementMakayla Pelletier, 23, evacuated Tampa as Hurricane Milton barrelled toward her city. As Hurricane Milton draws closer, residents of disaster-prone areas are evaluating how weather events could impact their livelihoods.

Persons: Milton, Hurricane Helene, Makayla Pelletier, —, fiddled, Hurricane Milton, Pelletier, " Pelletier, Jane Castor, Joe Raedle, Pelletier doesn't, Tampa Pelletier, Orlando —, she's, Milton doesn't, Helene, we're Organizations: Service, Gulf Coast, CNN, Tampa, Tampa that's, Hurricane Locations: Gulf Coast, Hurricane, Tampa, Orlando, Gulf, St, Petersburg, Milton, Punta Gorda

☆ The top 5% will benefit from Trump's tax plans while the rest of America pays more, a new analysis says
▼ + stars: | 2024-10-09 | by ( Juliana Kaplan | Ayelet Sheffey | ) www.businessinsider.com time to read: +6 min

With the economy top of mind for many voters, tax policy will be significant in the election. Trump's proposals include eliminating taxes on tips and overtime, extending the 2017 tax cuts for individuals, implementing higher tariffs on imported goods, and reducing the corporate tax rate. Meanwhile, the Tax Policy Center has found that the policies would bring down post-tax incomes by $1,800 in 2025. Joe Hughes, a senior analyst on federal tax policy at ITEP, previously told BI that high-wage workers could take advantage of Trump's proposals to make more money. Ultimately, though, any tax proposals would need buy-in from the House and Senate.

Persons: Donald Trump, —, everybody's, ITEP, Ernie Tedeschi, Trump's, Matthew Gardner, Gardner, Trump, Casey B, Mulligan, Joe Hughes, Hughes, Brian Hughes Organizations: Service, Taxation, Yale Budget Lab, White House Council, Economic Advisers, IRS, American Progress, Trump, Policy Institute, Washington Post, Trump campaign's, Democratic, Senate Locations: ITEP

☆ My grandma is practicing 'Swedish death cleaning,' or getting rid of things before you die. It inspired me to declutter, too.
▼ + stars: | 2024-10-08 | by ( Tegan Forder | ) www.businessinsider.com time to read: +6 min

My grandma is practicing Swedish death cleaning by giving things away to her family. She might not know it, but she's carrying out a practice called Döstädning, or Swedish death cleaning — a philosophy of getting your house in order before you die. Tegan Forder's grandmother is giving away items to her family in a practice known as Swedish death cleaning. Facebook Marketplace is also a useful platform for giving things away for free like furniture, bags of clothes, and kids' shoes. AdvertisementI've learned that decluttering is a lesson in patience if you are doing it thoughtfully — just as the Swedish death cleaning philosophy dictates.

Persons: she's, It's, —, grandpa, Margareta Magnusson, Tegan Forder's, Tegan Forder, I've, — I've Organizations: Service, Facebook Locations: Swedish

☆ Howard Stern tells Kamala Harris he hates watching her SNL depiction: 'There's too much at stake'
▼ + stars: | 2024-10-08 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

Kamala Harris sat down for a friendly interview with radio host Howard Stern on Tuesday. AdvertisementAt the outset of Howard Stern's interview with Vice President Kamala Harris on Tuesday, the long-time shock-jock radio host made a remarkable comment. I don't want you being made fun of," Stern told Harris. AdvertisementThe vice president, for her part, didn't seem to mind. AdvertisementTowards the end of the interview, Harris acknowledged the burden carried by the "sandwich generation" — a cohort of adults who are tasked with carrying for both children and aging parents.

Persons: Kamala Harris, Howard Stern, Harris, —, Howard Stern's, Stern, it's, Maya Rudolph, she's, Donald Trump, Stephen Colbert's, they're Organizations: Service, Democratic

☆ Kamala Harris' pitch to families struggling to care for both kids and aging parents: Medicare for in-home eldercare
▼ + stars: | 2024-10-08 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +5 min

AdvertisementVice President Kamala Harris wants to make it easier for families struggling to care for children and aging parents simultaneously. During a Tuesday interview on "The View," Harris proposed a first-ever Medicare benefit to cover in-home care needs for older adults. According to a recent survey from Genworth, a long-term care insurance company, the average cost of in-home care stood at $75,504 in 2023 — up from just over $68,000 in 2022. Along with Medicare at Home, the Harris campaign outlined a proposal to expand Medicare to include vision and hearing coverage. Still, it's unclear if Congress would approve Harris' proposal; President Joe Biden has previously proposed expanding eldercare, which ultimately did make it into his 2021 bipartisan infrastructure law.

Persons: Kamala Harris, —, Harris, it's, Donald Trump, JD Vance, Vance, Joe Biden, asheffey Organizations: Service, Bureau of Labor Statistics, Medicare, Bank of America, Home, Economic, of New Locations: Genworth, of New York

Debris removal continued throughout the state as officials urged residents to prepare for the worst and heed evacuation orders. “If you’re in the path of Hurricane #Milton, the time to act is NOW,” the Federal Emergency Management Agency posed on X. A member of the Florida Army National Guard removes debris in St. Petersburg on Monday ahead of Hurricane Milton's expected landfall. In Sarasota County, officials warned residents not to let their guards down and ordered evacuations for the barrier islands and for people in mobile or manufactured homes. “We take it serious, but we are not getting too excited about it.”Jesse Kirsch reported from Sarasota, Florida; Dana Griffin from Naples Beach, Florida; Chase Cain, from Orlando, Florida; and Alicia Victoria Lozano from Los Angeles.

Persons: Hurricane Milton, Helene, Milton, ” Cleon Dixon, Helene pummeled, Milton's, Bryan R, Smith, Dixon, ”, “, Helene’s wallop, John, Rhonda Keigher, Rhonda, ” John, ” Rhonda, Patty Sheehan, you’ve, Joe Biden, Kurt Hoddman, Anna Maria, David Tucker, Jenny Bodmer, evacuates, ” Carsten Haake, ” Jesse Kirsch, Dana Griffin, Chase Cain, Alicia Victoria Lozano Organizations: Hurricane, Residents, Federal Emergency Management Agency, Florida Army National Guard, Getty, City, Florida Peninsula, USA Locations: SARASOTA, Fla, Gulf Coast, Fort Meyers, Tampa, St, Armands, Sarasota, St . Petersburg, AFP, ”, Madeira Beach, of Mexico, Palm Harbor, Florida, Orlando, Hurricane, Mexico, Florida’s, Treasure Island, Sarasota County, Hillsborough County, Pinellas County, West Palm Beach, Naples, Miami, Germany, Sarasota , Florida, Naples Beach , Florida, Orlando , Florida, Los Angeles

Two Democratic lawmakers are demanding that some of the biggest food and beverage companies stop engaging in “shrinkflation” — the practice of reducing product sizes while charging prices that are the same or higher. Spokespeople for General Mills, Coca-Cola and PepsiCo did not immediately respond to requests for comment. President Joe Biden has mentioned shrinkflation numerous times, declaring it a “rip-off” in a video he posted to X. Sarah Gallo, senior vice president of federal affairs at Consumer Brands Association, a trade group that Coca-Cola, PepsiCo and General Mills all belong to, defended industry practices to NBC News. Dean said the letters were sent to “ease the wrongful burden” the companies are imposing on consumers.

Persons: Sen, Elizabeth Warren of, Madeleine Dean of, Mills, General Mills, Jeff Harmening, James Quincey, “, Ramon Laguarta, Spokespeople, Warren, Dean, ” Warren, ” Sen, Elizabeth Warren, Ting Shen, Joe Biden, Nailya Ordabayeva, ”, ” Ordabayeva, shrinkflation, Doritos, Sarah Gallo, ’ ” Dean Organizations: Democratic, Elizabeth Warren of Massachusetts, Cola, PepsiCo, NBC, North, Retail, CNBC, Gatorade, Republican, Taxation, Economic, “, NBC News, Bloomberg, Boston University Questrom School of Business, Consumer Brands Association, General, Federal Reserve Bank of San Locations: shrinkflation, Washington, Federal Reserve Bank of San Francisco

☆ Another top aide to New York City mayor resigns amid federal probe
▼ + stars: | 2024-10-07 | by ( ) www.cnbc.com time to read: +5 min

Embattled New York City Mayor Eric Adams said Monday that he's accepted the resignation of his deputy mayor for public safety, Philip Banks, the latest senior official to leave as the mayor fends off an indictment and calls to step down. All three Banks brothers have denied wrongdoing. An attorney for Philip Banks, Benjamin Brafman, said Monday that federal prosecutors had assured him his client was not a target of the investigation. In addition to seizing the phones of the three Banks brothers, federal investigators also took devices from the city's police commissioner, Edward Caban, and one of Adams' closest aides, Timothy Pearson. At a press briefing last month, Adams spoke of his close ties to the Banks brothers.

Persons: Eric Adams, he's, Philip Banks, fends, Adams, Banks, David Banks, Terence, Benjamin Brafman, Kathy Hochul, Philip Banks Jr, Edward Caban, Timothy Pearson, Caban, Pearson Organizations: New York City, NY1, New York, Associated Press, Gov, Democrat, City, NYPD Locations: New York, Yorkers

☆ Millennials and Gen X Are Figuring Out What to Do With Boomers' Stuff
▼ + stars: | 2024-10-07 | by ( Emily Stewart | ) www.businessinsider.com time to read: +15 min

AdvertisementIn short, boomers love stuff, and not just their stuff. They held on to their parents' stuff when they inherited it, and a lot of them are sitting with their kids' stuff in their attics now, too. The market value of the object and the sentimental value don't always go hand in hand. "I often emphasize the idea that the market value of the object and the sentimental value don't always go hand in hand," he said. Remember, it takes a lot of stuff to live a full life — and it's hard to let go of it.

Persons: Dale Sperling's, Sperling, it's, they're, It's, they've, Gen Xers, Gen Zers, Sarah Hersh, Ben Hersh, — you'll, Mary Kay Buysse, They're, Hummel, Mindy Godding, you've, Godding, Elizabeth Hirsh, Wen Stone, Janelle, Ben Miller, they'll, Miller, Stephanie Preston, Buysse, we've, —, Janelle Stone, I've, that's, she's, doesn't, downsizers, Cameron Huddleston, Let's, Emily Stewart Organizations: Facebook, National Association of Senior, Boomers, University of Michigan, eBay, Business Locations: New York City, New Jersey, North Carolina, Dallas, downsizers, New York

☆ Sen. Elizabeth Warren and Rep. Madeleine Dean demand food and beverage CEOs put a stop to 'shrinkflation'
▼ + stars: | 2024-10-07 | by ( Elizabeth Chuck | ) www.cnbc.com time to read: +7 min

In pointed letters, Sen. Elizabeth Warren of Massachusetts and Rep. Madeleine Dean of Pennsylvania accused General Mills, Coca-Cola and PepsiCo of engaging in a "pattern of profiteering" through shrinkflation and by "dodging taxes." The same with PepsiCo, which "replaced its 32 oz Gatorade bottle with a 28 oz bottle for the same price." Spokespeople for General Mills, Coca-Cola and PepsiCo did not immediately respond to requests for comment. President Joe Biden has mentioned shrinkflation numerous times, declaring it a "rip-off" in a video he posted to X. Sarah Gallo, senior vice president of federal affairs at Consumer Brands Association, a trade group that Coca-Cola, PepsiCo and General Mills all belong to, defended industry practices to NBC News.

Persons: Sen, Elizabeth Warren of, Madeleine Dean of, Mills, General Mills, Jeff Harmening, James Quincey, Ramon Laguarta, Spokespeople, Warren, Dean, Joe Biden, Nailya Ordabayeva, Ordabayeva, shrinkflation, Doritos, Sarah Gallo Organizations: Democratic, Elizabeth Warren of Massachusetts, Cola, PepsiCo, NBC, North, Retail, CNBC, Gatorade, Republican, Taxation, Economic, NBC News, Boston University Questrom School of Business, Consumer Brands Association, General, Federal Reserve Bank of San Locations: Federal Reserve Bank of San Francisco

☆ Why a disaster ‘go bag’ can mean the difference between life or death
▼ + stars: | 2024-10-07 | by ( Matt Villano | ) edition.cnn.com time to read: +7 min

Perhaps the most important thing to bring with you: a “go bag” full of emergency supplies. Go bags exist to save you from having to run around and gather items when a threatening situation is imminent. The contents of a family’s go bag could mean the difference between life or death, depending on how bad a situation becomes, according to Jonathan Sury, senior staff associate at the National Center for Disaster Preparedness, or NCDP, at Columbia Climate School. Your must-havesMost of the items disaster preparedness experts suggest you include in a go bag are things you can find around your house. Just because someone puts together a “go bag” does not mean that person is prepared, Montano warned.

Persons: Jonathan Sury, ” Sury, Sury, Samantha Montano, “, ” Montano, Eric Alberts, ”, it’s, you’ve, Rosie Monson, Alexander, Monson, ” Monson, Montano, Matt Villano Organizations: CNN, National Center for Disaster Preparedness, Columbia Climate School, Federal Emergency Management Agency, Swiss Army, Massachusetts Maritime Academy, Orlando Health, Nintendo Locations: Florida, Columbia, Sonoma County , California, Northern California

☆ Trump and Harris’ proposals would both increase the national debt but Trump’s plan would add $4 trillion more, study finds
▼ + stars: | 2024-10-07 | by ( Tami Luhby | ) edition.cnn.com time to read: +7 min

Harris’ plan would boost the debt by $3.5 trillion over the next decade, while Trump’s platform would cause it to spike by $7.5 trillion, according to the Committee for a Responsible Federal Budget’s report, released Monday. It found that Harris’ measures could have no significant impact on the debt or could increase it by $8.1 trillion. And Trump’s proposals could balloon the debt by between $1.5 trillion and $15.2 trillion. These proposals would cost $2.3 trillion in total. But the committee estimates these tariffs would bring in between $2 trillion and $4.3 trillion over a decade — not enough to cover Trump’s agenda.

Persons: CNN —, Kamala Harris, Donald Trump, Harris ’, Harris, ’, Trump, Jerome Powell, “ We’re, ” Marc Goldwein, Brian Hughes, Trump’s, ”, That’s, Joe Biden’s, Katie Lobosco, Matt Egan Organizations: CNN, Republicans, Democrats, Trump, Social Security, Peterson Institute for International Economics, Center, of Education Locations: American

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