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If you google "passive income ideas," one of the first strategies that pops up is to buy a rental property. Even those with property managers have described having to "manage the property manager." Buying rental properties is "expensive like a puppy," he added. They've learned that, "the more hands-on you are, the more money you're going to make," said Jervais. One, their long-term rental properties are newer, so they naturally have fewer maintenance requests and upkeep.
Persons: I'm, Matt, it's, Matt H Natia, Jervais Seegars, They've, Karina Mejia, aren't, Mejia, Jervais, Jim Resonable, she'd Organizations: Service, Business, EVO Real Estate Locations: New Hampshire, Boston, Augusta , Georgia, North Carolina , California, Georgia
The small-cap-heavy Russell 2000 will jump 15% or more in August, Fundstrat's Tom Lee told CNBC. Expectations of a Trump White house are also helping drive small-cap buying, Lee added. Fundstrat's Tom Lee told CNBC that the small-cap-focused Russell 2000 is likely to gain 15% or more through August, if history is any guide. Lee says the market's certainty in upcoming interest-rate cuts — expected to commence in September — is helping drive the small-cap rally. "The nine times it did that since 1979, when you were in a bear market, we were up 100% — one month, three months, six months, 12 months later," he said.
Persons: Russell, Fundstrat's Tom Lee, Lee, , It's, He's, Donald Trump Organizations: CNBC, Trump, Service, tanking, Barclays
"Moonward" will see CR's Marisha Ray and Liam O'Brien, embarking on a new adventure to a wrecked moon. "Moonward" is part of CR's renewed push into the world of podcasting and audio dramas. AdvertisementCritical Role's new expansion into the podcasting business is nearly here, accompanied by a brand-new trailer. As Business Insider reported on July 11, CR is bringing not one but two of its cofounders to this fresh storytelling venture, "Moonward." This story is available exclusively to Business Insider subscribers.
Persons: Ray, Liam O'Brien, , Marisha Ray Organizations: Service, Business, CR
Read previewFans and critics alike hated "X-Men Origins: Wolverine" starring Hugh Jackman when it hit theaters back in 2009. Now, the first reviews for "Deadpool & Wolverine" suggest that the highly anticipated sequel could save the Marvel Cinematic Universe after several middling releases. AdvertisementIt's a far cry from the reaction to "X-Men Origins: Wolverine," which has a 38% rating on Rotten Tomatoes. But the hugely positive reception to "Deadpool & Wolverine" shows just how far both characters have come since "Origins." Fans will be pleased to know that critics are impressed with the story in the 2024 film, its violence, and crowd-pleasing cameos.
Persons: , Hugh Jackman, Ryan Reynolds, Reynolds, Dexerto's Cameron Frew, Nick Schager, Tom Jorgensen, Wade Wilson's, Magazine's Olly Richards, Kate Walsh, Robbie Collin Organizations: Service, Marvel, Business, Rotten, Los Angeles Times
Elon Musk was asked what would happen if Trump won the election and withdrew government support for EVs. He said it would be "devastating" for Tesla's rivals but would probably help Tesla "long term." Musk has been an outspoken supporter of Trump in recent weeks, despite his earlier criticism of EVs. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementElon Musk thinks a Trump presidency could be good for Tesla, but "devastating" for its rivals.
Persons: Elon Musk, Trump, Tesla, , Elon, Musk, Joe Biden's Organizations: EVs, Trump, Service
Russia's offering a new $22,000 signing bonus to military recruits in Moscow. Russia's military has suffered a high rate of injuries and deaths in Ukraine. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRussian authorities are offering a $22,000 payment to Moscow residents signing up to join the military in a new attempt to offset high rates of deaths and injuries among soldiers in Ukraine. The Moscow city administration said new recruits who sign a contract with the Russian Defence Ministry will receive a bonus of 1.9 million rubles, or about $22,000.
Persons: Organizations: Service, Russian Defence Ministry Locations: Moscow, Ukraine
Read previewIn the nine-month war between Israel and Hamas, an unlikely nation has emerged as a key power broker in the Middle East: China. Reconciling the groups with an eye to building a postwar Palestinian government is a diplomatic coup for Beijing, after years of trying to position itself as a power broker in the Middle East. China challenges US might in the Middle EastIn the last few years, China has challenged US influence in the Middle East. In 2023, it helped broker a restoration of diplomatic relations between Iran and Saudi Arabia after decades of proxy conflict. "China also doesn't want to sacrifice much to advance any of its interests in the Middle East," Jon Alterman, an analyst with the Center for Strategic and International Studies, told the US Congress in April.
Persons: , Fatah, Wang Yi, It's, Ali Wyne, Aaron David Miller, Wyne, Jon Alterman Organizations: Service, Hamas, Reuters, Business, PLO, West Bank, Crisis, Palestinian, Center for Strategic, International Studies Locations: Israel, East, China, Beijing, Gaza, Fatah, Washington, Iran, Saudi Arabia, Saudi, States
Early industry testing of the Privacy Sandbox tools designed to emulate online targeting produced fairly dire results. Google won't escape regulatory scrutinyIt's unclear whether keeping cookies would allow Google to shake off regulators' grasp of its Privacy Sandbox. In 2022, Google pledged to give the UK's Competition and Markets Authority oversight of its Privacy Sandbox rollout and Chrome cookie removal. A key question now is whether Google's commitments to the CMA need to change now that third-party cookies remain in the mix. And there isn't a clear answer about the future governance of the Privacy Sandbox, to ensure Google doesn't preference its own ad products.
Persons: , Ciaran O'Kane, Bobby Ewing, Jon Snow, they'd, Googler Organizations: Service, Business, Google, YouTube, Apple, CMA
Read previewGlen Powell has confirmed that another "Top Gun" sequel is on its way after the unexpected billion-dollar success of "Top Gun: Maverick." Since 2022, there have been talks of another "Top Gun" movie, including reports of a spinoff focusing on Teller's Rooster character. Representatives for Powell, Cruise, and Paramount Pictures did not immediately respond to a comment request from Business Insider. Considering the success of "Top Gun: Maverick," another sequel could be a big win for Paramount, Cruise, and all the stars involved. Cruise, Powell, and Teller would likely return for another 'Top Gun' sequelGlen Powell had his breakout role in "Top Gun: Maverick."
Persons: , Glen Powell, Tom Cruise, Jerry Bruckheimer, Miles Teller, Powell, Cruise, Teller, Bradley, Bradshaw, Nick, Goose, Anthony Edwards, Pete, Maverick, Mitchell, ScreenRant, Tom, Jake, Ehren Kruger, Kruger, Puck, David Ellison, Joseph Kosinski Organizations: Service, Paramount Pictures, Business, Paramount, Cruise, Entertainment, Variety
Tesla shareholders really want the company to release new vehicles. Elon Musk has teased a variety of new EVs, but it is unclear when they will be released. AdvertisementTesla shareholders want Elon Musk to roll out new vehicles. Retail investors are submitting questions in an anonymous Q&A forum for Elon Musk and other executives to answer in Tuesday's earnings call, and many of them are asking when Tesla plans to release new EVs. One shareholder requested updates on the status of a revamped Tesla Roadster, which Musk has teased will be a SpaceX-Tesla collaboration complete with rocket tech.
Persons: Q, Elon Musk, , Elon, Tesla, Musk Organizations: Service, Elon, Tesla Roadster, SpaceX
BeReal's new owner, Voodoo, faces a user backlash after it brought ads to the app. Voodoo aims to reach 100 million daily active users, but ads may alienate its core user base. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementBeReal's new owner, Voodoo Games, quickly introduced ads to the social-media app after acquiring the company in June. Takes away the friend aspect and creates another money grabbing app," read one review posted on July 9.
Persons: Organizations: Service, Voodoo Games
Glen Powell and Daisy Edgar-Jones are turning heads with their style while promoting "Twisters." Powell has been sporting luxury accessories from Tag Heuer and Tom Ford on red carpets. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Advertisement"Twisters" is having one of the most glamorous press tours of the year — and it's all thanks to Glen Powell and Daisy Edgar-Jones. This story is available exclusively to Business Insider subscribers.
Persons: Glen Powell, Daisy Edgar, Jones, Powell, Tom Ford, Cartier, Organizations: Gucci, Service, Business
Some of Joe Biden's allies aren't pleased he quit the race. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementWhen President Joe Biden announced Sunday that he was dropping out of the 2024 election, most top Democrats projected unity. But some longtime allies of the president weren't on script, sounding angry and betrayed. This story is available exclusively to Business Insider subscribers.
Persons: Joe Biden's, aren't, Kamala Harris, Critics, Biden, , Joe Biden, weren't, Trump, Ron Klain Organizations: Democratic, Service, Business
"We were like, 'Oh, look at that cute little church," O'Mara, a 39-year-old real-estate agent, told Business Insider. AdvertisementThey didn't think of the chapel again until O'Mara stumbled upon it when scanning real-estate listings for work. The Dunnigans turned the chapel into an event space and an Airbnb that they said brings in $40,000 in revenue a year. The chapel was built by volunteers in the early 1900s to be a place of worship for Norwegian-speaking Lutherans. Paulette Hagen Simple Website CreationsThey then found a local contractor whose father had built church altars.
Persons: , O'Mara, Adam Dunnigan, " O'Mara, Adam, Dunnigans, Paulette Hagen, wouldn't, Adam's, they've, — O'Mara Organizations: Service, Detroit, Business Locations: Detroit Lakes , Minnesota, Minnesota, Fargo , North Dakota, Minneapolis, Audubon, Detroit Lakes, Portugal
The firm is looking at specific levels for the 10-year Treasury yield and manufacturing PMI. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. New research from Bank of America outlined two specific criteria that could serve as signals the rally will continue. AdvertisementMeanwhile, manufacturing PMI fell to 48.5 in June. "The Manufacturing economy is in the second longest downturn in history with 21 months without two straight months of 50+ PMI.
Persons: , SPW, Russell, Tom Lee Organizations: of America, PMI, Service, Bank of America, Treasury, 6.3ppt, Bank of America Global Research, Federal Reserve, Barclays Locations: outperformance
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewIn a stunning turnaround, President Joe Biden announced on Sunday that he is withdrawing his candidacy for reelection in 2024. Biden on Sunday also endorsed Vice President Kamala Harris to succeed him in the Oval Office. In the days following the debate, Biden faced growing pressure to step aside, with an increasing number of Democratic politicians urging the 81-year-old president to do so. Polling had long shown Biden trailing Trump both nationally and in key swing states, and the debate represented a key opportunity for the president to turn the race around.
Persons: , Joe Biden, Biden, Kamala Harris, Donald Trump, Nancy Pelosi, prognosticators, Biden's, Trump, Jen O'Malley Dillon, Julie Chavez Rodriguez, Lyndon B, Johnson, Hubert Humphrey, Richard Nixon Organizations: Service, Business, Sunday, Democratic, Biden, Trump Locations: Washington, Minnesota, New Hampshire, New Mexico, Vietnam, Chicago
Read previewDuring a campaign fundraising event in June, President Joe Biden's disoriented state while onstage left former President Barack Obama "startled," The New York Times reported. The event in question — a Los Angeles fundraiser hosted by Jimmy Kimmel — included a viral moment where it appeared Obama led a frozen Biden offstage. Multiple reports indicate that Obama expressed concerns about Biden's ability to beat Republican nominee Donald Trump. Related storiesBehind the scenes, Biden is considering what an exit from the 2024 race might look like, per multiple reports. "He's the best person to take on Donald Trump," Biden's reelection campaign chair, Jen O'Malley Dillon, said on "Morning Joe."
Persons: , Joe Biden's, Barack Obama, Jimmy Kimmel —, Obama, Biden, COVID, Hillary Clinton, Donald Trump, Biden's, Jen O'Malley Dillon, Joe Organizations: Service, New York Times, White House, Business, Times, Republican, Trump, Democratic, Democratic National Convention Locations: Los Angeles, Delaware
Read previewDonald Trump has been an outspoken critic of EVs — and that could spell trouble for America's electric vehicle industry. AdvertisementMusk also reportedly played a part in Trump choosing Ohio senator JD Vance, an even fiercer critic of electric vehicles, as his vice president. Subsidy fearsThe potential loss of the $7,500 tax credit has already sparked concern in the EV industry. "If we see that tax credit cut, then EVs start looking insurmountably expensive for most consumers," he said. "They're already making money building electric vehicles, and the incentive just helps boost volume rather than boosting profits," he added.
Persons: , Donald Trump, EVs, Elon, Trump, Trump's, Musk, JD Vance, Vance, Biden, Tesla, Jon McNeill, Dylan Khoo, Sam Fiorani, Khoo, Elon Musk's, Dan Ives, Ives, Tesla's Organizations: Service, Business, Trump, PAC, Ohio, US, Motors, CNBC, ABI Research, Global, AutoForecast Solutions, Bloomberg Businessweek, Wedbush Securities, EV Locations: Trump, Communist China, China
Jen O'Malley Dillon on Friday made a case for President Joe Biden's reelection bid. O'Malley Dillon said that the recent slip in support for Biden was just "a small movement." The campaign chair argued that Biden expected a close race and that his campaign was built for it. AdvertisementPresident Joe Biden's campaign chair on Friday acknowledged that the president has seen "slippage" in support in recent weeks but reaffirmed that he still had "multiple pathways" to win reelection. During an appearance on MSNBC's "Morning Joe," Jen O'Malley Dillon made the case for the Biden-Harris ticket despite growing calls from lawmakers and major donors for the president to step aside as the Democratic nominee.
Persons: Jen O'Malley Dillon, Joe Biden's, O'Malley Dillon, Biden, , Harris Organizations: Service, Biden, Democratic, Business
It also exposes the fragility of those systems and raises the question: Does Big Tech deserve our trust to properly safeguard a technology as powerful as AI? He said Big Tech companies evaluate systems based on if they work "pretty well most of the time," because there's a rush to get products to market. He said big tech companies should have alternative vendors and a multi-layered defense strategy. Big Tech companies, including Facebook, Amazon, and Google, saw the sharpest drop in trust, with an average decline in confidence ratings of 13% to 18%, according to Brookings. Big Tech companies have had "free rein," Patnaik said.
Persons: , CrowdStrike, Gary Marcus, Marcus, John Schulman, Dan O'Dowd, there's, Javad Abed, Johns Hopkins, Abed, Sanjay Patnaik, Patnaik Organizations: Service, Big Tech, Tech, Business, Microsoft, Geometric Intelligence, Uber, Tesla's, BI, Companies, Google, Adobe, US Department of State, Johns, Carey Business School, Brookings Institution, Facebook Locations: Brookings
Crowdstrike shares dropped as much as 20% in premarket trade on Friday after an IT outage caused chaos. Microsoft shares also fell as issues with the firm's services disrupted airports and emergency services. AdvertisementCrowdstrike's stock price plunged Friday as a massive IT outage caused global chaos. Elsewhere, Microsoft's stock also looked set to drop on Friday, falling by as much as 3% in premarket trade. AdvertisementIn a post on X, CrowdStrike CEO George Kurtz said the company is "actively working with customers impacted by a defect found in a single content update for Windows hosts.
Persons: , George Kurtz Organizations: Microsoft, Service, London Stock Exchange, Windows, Linux, Business
Biden's authority is draining away in real time
  + stars: | 2024-07-19 | by ( Tom Porter | ) www.businessinsider.com   time to read: +4 min
Read previewAs former President Donald Trump was delivering his marathon speech at the RNC Thursday night, President Joe Biden was holed up in isolation, having been diagnosed with COVID-19. Senate Majority Leader Chuck Schumer, per reports, told Biden on a call Saturday that it'd be best if he dropped out, too. AdvertisementThe support of his party that sustains his position leading the country is draining away — with some congressional Democrats now prepared to make their calls in public. An advisor told media outlets: "Joe Biden is his party's nominee. As the weekend approaches, it appears likely that Joe Biden's attempts to rescue his reelection bid have reached a crunch point.
Persons: , Donald Trump, Joe Biden, Biden, he's, Barack Obama, Nancy Pelosi, Chuck Schumer, it'd, Trump, Kamala Harris, who's, He's, Joe Biden's Organizations: Service, RNC, Trump, Business, Washington Post, Democratic Party, Democratic, NORC, for Public Affairs Research, New York Times, Times, NBC News Locations: Congress, New York, Pennsylvania, United States
Read previewContent recommendation firm Outbrain is closing in on a deal to acquire or merge with Teads, the adtech company owned by European telecommunications giant Altice, according to four sources familiar with the matter. Spokespeople for Outbrain and Teads said it was company policy not to comment on M&A speculation. Teads parent company Altice International reported net debt of 9.2 billion euros, around $10 billion, at the end of the first quarter, while Altice France had some 24 billion euros, about $26 billion, in debt in the same period. AdvertisementTeads reported 601 million euros ($654 million) in revenue in 2023, down 5.5% from the prior year. Its adjusted earnings before income tax depreciation and amortization were 157 million euros ($170 million), an 8.7% decrease from 2022.
Persons: , Outbrain, couldn't, Teads, it's, Taboola, Patrick Drahi, pare, Altice, Moody's, Morgan Stanley Organizations: Service, Business, Altice, chum, CNN, Fox News, Altice International, Drahi Locations: Altice France, USA, France
Small-caps historically decline before and after the first interest rate cut, Barclays reported. This argues against the growing narrative that the easing cycle will boost small-caps, the bank said. AdvertisementBarclays ResearchTheir finding opposes many prevailing viewpoints on Wall Street, where rising bets of lower interest rates have sent investors piling into the small-cap trade. In part, falling interest rates might help ease debt burdens, but they can also signal a cooling economy — which favors large-cap exposure. Market veteran Ed Yardeni wrote this week that the small-caps trade has no legs, given the sector's lackluster forward earnings, revenue, and profit margins.
Persons: , Venu Krishna, Russell, June's, Tom Lee, Ed Yardeni, Liz Young Thomas Organizations: Barclays, Service, NASDAQ, Federal
And there was great, great sorrow. They’re going to be OK. They’re going to be doing very well. Now he’s going to get on the plane in a little while and he’s going to go back home to his wife. Great, great student at Yale. So many — just so many heroes, so many great, great people.
Persons: Dana, Bob, , Lee, you’ll, it’s, didn’t, Nobody, , I’m, Corey Comperatore, David Dutch, James Copenhaver, We’re, Corey, Helen ., David, James, Dan Newlin, Dan, Trump, , Aileen Cannon, I’ve, Don, Kimberly, Ivanka, Jared, Eric, Lara, Tiffany, Michael, Barron, he’s, “ Dana won’t, That’s Lee Greenwood, … Eric, Crazy Nancy Pelosi, They’ve, Jason, Jason Aldean, Vance, Usha, He’s, He’ll, MAGA, ” MAGA, I’ll, you’re, nobody’s, We’ve, Somebody’s, they’re, It’s, can’t, We’ll, don’t, “ I’m, we’ll, Biden, They’re, that’s, you’ve, I’d, gee, You’d, That’s what’s, Donald Trump, That’s, There’s, Tom Homan, Brandon Judd, They’ll, Obama, They’d, “ You’ve, we’re, we’ve, Hannibal Lecter, Dwight D, Eisenhower, Jocelyn Nungaray, Rachel Morin, Rachel, Laken Riley, horrifically, Viktor Orban, what’s, Bush, it’ll, Kim Jung Un, Sam Brown, Sam, You’ve, Abdul, Don’t, You’re, Ronald Reagan, America’s, Franklin Graham, Franklin, Billy Graham, he’d, soldiered Organizations: of Pennsylvania, Secret Service, Service, Democrat, Republican Party, Republican, Democrats, America, Yale, ISIS, Space Force, Energy, Apple, Trump, Republican Senate, White, Republicans, United Auto Workers, Social Security, Border Patrol, ICE, , Lambs, University of Georgia, , U.S, Senate, Washington, D.C, Yankee, Win Locations: America, United States, Butler Township, of, Pennsylvania, Florida, Ohio, Milwaukee, Wisconsin, Asia, Europe, Taiwan, Korea, Philippines, China, Russia, Ukraine, Israel, Iran, Germany, Mexico, Nevada, United States of America, There’s, South America, Africa, Middle East, Venezuela, Caracas, El Salvador, Houston, Los Angeles, Maryland, Hungary, “ Russia, Georgia, Crimea, Syria, Iraq, North Korea, Afghanistan, Bagram, Cuba, Miami, U.S.A, Wisconsin , Wisconsin, Washington, Japan, Delaware, Valley Forge, Yorktown, Gettysburg, Midway
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