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"There are so many ways to get started in real estate," said Elkins-Hutten, who is a financial educator and the author of "Money for Tomorrow." AdvertisementHere's how the Jensens and Elkins-Hutten have built equity and sidestepped capital gains taxes in two steps. Elkins-Hutten used real estate investing as a vehicle to achieve financial freedom and gain back time. Advertisement"Because we lived in it and owned it for two of the past five years, we paid no taxes on the capital gains," explained Mindy. While their gains were around $100,000, they could have excluded up to $500,000 since they were both on the title.
Persons: , Whitney Ekins, Hutten, Elkins, rehabbing, Carl Jensen, Mindy, they've, There's, Carl, Whitney Elkins Organizations: Service, Business, YouTube Locations: Elkins
While there was some demand for protection against the prospect of volatility reemerging, overall sentiment across Wall Street had gotten more bullish. Until Wall Street can be sure that the consumer will hold on (or not), conviction is easily shaken. After years of weird times and outsize gains, Wall Street is dancing on a knife's edge. After years of weird times and outsize gains, Wall Street is dancing on a knife's edge. What happened on Monday was a sudden realization that the new structure may assert itself before Wall Street imagined it would.
Persons: , Jerome Powell, we've, they'd, corporates, Dow, Mandy Xu, Cboe's, Wall, Torsten Slok, Slok, Shake, Kevin Gordon, Charles Schwab, they've Organizations: Dow Jones, Bank of Japan, Big Tech, Federal Reserve, Nasdaq, Wall, Apollo Global Management, Corporations, Companies Locations: Asia, Japan, Mexico
AdvertisementMaureen now lives on $1,601 monthly Social Security payments in northeast Pennsylvania, according to bank documents viewed by BI. For others, fixed Social Security incomes aren't enough to afford basic necessities. Over half of baby boomers have $250,000 or less in retirement assets, per a 2024 report from the Retirement Income Institute . AdvertisementHer husband's Social Security money primarily went to her daughters when they were young, she said, but she recently learned his employer is closing their pension system. With $1,601 monthly Social Security as her only source of reliable income, Maureen is on a tight budget.
Persons: , Maureen, Patricia Polacco's, Maureen —, hasn't, she's, doesn't Organizations: Service, Business, Catholic, Social, BI, Northwestern Mutual, Income, Social Security, SNAP Locations: Pennsylvania
Mortgage rates fell dramatically this week, with 30-year mortgage rates even briefly dipping below 6% for the first time since early 2023, according to Zillow data. This should remove a lot of the upward pressure off of mortgage rates and allow them to ease. See more mortgage rates on Zillow Real Estate on ZillowMortgage Refinance Rates TodayMortgage type Average rate today This information has been provided by Zillow. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates will affect your monthly and long-term payments. As inflation slows and the Federal Reserve is able to start cutting the federal funds rate, mortgage rates are expected to drop.
Persons: they've, Fannie Mae Organizations: Treasury, Federal Reserve, Zillow, Mortgage, Association, ARM Locations: Chevron
AdvertisementIntroducing the Instagram 'Mythical Reel Pull'A few other comments describe the man's post as a "Mythical Pull." AdvertisementThe comments on one Instagram post identify it as a "Mythical Reel Pull." 'Mythical Reel Pulls' aren't always positive for the postersI know that some of the people posting the Mythical Reel Pulls are not having a positive experience. For some reason, which I have yet to come up with a suitable explanation for, Instagram comments are far, far meaner than TikTok comments.) Moskowitz recently wrote about how the WTF-ness of Mythical Reel Pulls is a kind of zen koan.
Persons: Algorithm's, Instagram, Adam Mosseri, it's, Meta, couldn't, It's, blankly, P.E, Moskowitz Organizations: Service, Business Locations: Wyoming
While the news grabbed headlines, it was not the first time that Ukraine has reportedly targeted sites deep within Russia. AdvertisementUkraine does not currently have permission to use long-range guided weapons such as the ATACMS to hit such targets inside Russia. While striking targets so far from the frontline may be seen as Ukraine spreading itself rather thinly, such attacks have three key benefits, experts told BI. "Russia has already adapted its air defense posture following previous drone strikes and reportedly has stood up mobile counter-UAS [unmanned aircraft system] teams. Russia's S-400 is one of its most advanced air defense systems.
Persons: , Mark Cancian, Cancian, Justin Bronk, Moscow's pocketbook, John Hardie, Hardie, hasn't, Bronk Organizations: Service, Business, Ukraine's Security Service, International Security, Centre, Strategic, International Studies, Stringer, Anadolu Agency, Getty, Ukraine, Royal United Services Institute, Russia, Foundation for Defense of Democracies, Bloomberg, Reuters Locations: Ukraine, Russian, Murmansk, Russia, Astrakhan, Bashkortostan, Moscow
Insider Today: A shot to reverse aging
  + stars: | 2024-08-10 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com   time to read: +7 min
On the agenda:This story is available exclusively to Business Insider subscribers. AdvertisementVeronica Thatcher, who's worked at Costco for 18 years, told Business Insider she also spotted "Halloween- and harvest-themed decorative pillows" in the big-box store this month. According to eMarketer, Lowe's made Halloween merch available online on June 1 and it'll be available IRL on August 23. iStock; Rebecca Zisser/BIWealthy patient, healthy jointsIt's hard to slow down aging, but the wealthy are giving it their best shot, literally. More of this week's top reads:The Insider Today team: Jordan Parker Erb, editor, in New York.
Persons: , I'm, Chelsea Jia Feng, you've, Veronica Thatcher, who's, Mike Booth, prepping, eMarketer, Lowe's, Taylor Rains, Insider's Taylor Rains, Beond, Rebecca Zisser, Bryan Johnson, — Johnson, Edward Berthelot, Burberry, Natalie Ammari, they've, Kit Harington, Oscar, Anthony Hopkins, Jordan Parker Erb, Dan DeFrancesco, Lisa Ryan, Amanda Yen Organizations: Service, Business, Retailers, Costco, CFVR, Home Depot, Burberry, US, HBO, Paramount, Showtime Locations: Alberta, Canada, Michaels, Italy, Maldives, Dubai, Bahamas, British, London, Nazi, New York, New York City
The historic endorsement of the Democratic presidential ticket is the first for the civil rights group, which formed in 1929 to protect the rights of Americans of Mexican descent. LULAC leaders announced the endorsement first to NBC News and plan to join Harris and Walz at a rally in Las Vegas on Saturday. The Trump campaign never replied. In 1956, LULAC President Felix Tijerina personally endorsed the Eisenhower-Nixon ticket. LULAC members were active in Viva Kennedy clubs in 1960 and members have supported local Mexican American candidates, such as El Paso Mayor Raymond Telles.
Persons: Kamala Harris, Tim Walz, Harris, Walz, , ” Domingo Garcia, LULAC, Donald Trump, Juan Proaño, ” Garcia, , Julie Chavez Rodriguez, They've, Chavez Rodriguez, Cesar Chavez, Proaño, Joe Biden, Trump, Biden, ” Proaño, Felix Tijerina, Nixon, Raymond Telles Organizations: of United Latin, Minnesota Gov, Democratic, NBC News, LULAC, Trump, Eisenhower, Viva Kennedy, El Paso, NBC Locations: Las Vegas, Viva
I have six children between the ages of 5 and 11, and I've told them I won't pay for college except in very limited circumstances. I'm actively encouraging my kids to consider other options and how much ROI they'll get from college. One of the most interesting responses I've gotten from my kids is asking how they can make money now. Not paying for college might force them to be more financially responsible, but only if they choose — or try — to pay for college themselves. I want them to learn to be financially responsible and viable by earning money, with or without college.
Persons: , Bobby Kittleberger, I've, I'm, they've, They're, it's, I'd, We've, We'll, Lauryn Haas Organizations: Service, Business, Colleges, YouTube Locations: Staunton , Virginia, Virginia, lhaas@businessinsider.com
Average 30-year mortgage rates dropped 26 basis points to 6.47%, their lowest level since May 2023, according to Freddie Mac. If today's mortgage rates are lower than the rate you're currently paying, refinancing could be worth it. See more mortgage rates on Zillow Real Estate on ZillowToday's refinance ratesMortgage type Average rate today This information has been provided by Zillow. Now that inflation has decelerated and a Fed cut is looking more likely, mortgage rates have trended down. This means your entire monthly mortgage payment, including taxes and insurance, shouldn't exceed 28% of your pre-tax monthly income.
Persons: Freddie Mac, Sam Khater, Freddie Mac's, you'll, Fannie Mae Organizations: Zillow, Mortgage, Association, Sky Locations: Chevron
Doug, 68, has worked for the last 40 years as a computer consultant — the last three from his sailboat traversing Europe. They now live on their boat on the French Riviera, which Doug said is cheaper than living in the US. He decided to buy a sailboat and sailed to Fort Lauderdale shortly after 9/11, where Doug continued to work with Fortune 500 clients. Settling on the French RivieraThey sailed for France the following April, stopping in countries such as Malta and Tunisia. Six months later, they settled in Port Grimaud on the French Riviera, where they paid $15,000 a year in marina costs in "rent."
Persons: He's, Doug, he's, We'll, we're Organizations: Service, Business, Michelin, Fortune, America, Port Montenegro Locations: California , Texas , Indiana, Massachusetts, Provence, Italy, Boston, California, Dallas, Indianapolis, Maine, New England, Fort Lauderdale, Florida, Caribbean, Europe, South America, Genoa, Dubrovnik, Croatia, Corsica, France, Elba, Sardinia, Sicily, Bari, London, Istanbul, Vienna, Budapest, Hungary, Port, Tivat, Montenegro, Cairo, Athens, Greece, Malta, Tunisia, Port Grimaud, Grimaud, Saint, Majorca, Spain, Lisbon, Portugal, Beijing, Shanghai, Xian, China
OpenAI CEO Sam Altman has argued that AI models should eventually produce synthetic data good enough to train themselves effectively. As the well of usable human-generated data dries up, more companies look into using synthetic data. Rather than being pulled from the real world, synthetic data is generated by AI systems that have been trained on real-world data. Synthetic data may help offer some effective "countertuning" to the biases produced by real-world data, too. 'Habsburg AI'While the AI industry found some advantages in synthetic data, it faces serious issues it can't afford to ignore, such as fears synthetic data can wreck AI models.
Persons: , that's, Sam Altman, Gary Marcus, It's, Nathan Lambert, Gretel, SynthLabs, Meta, Timnit Gebru, Margaret Mitchell, LLMs, Sadowski, Alexandr Wang, AlphaGeometry, Marcus Organizations: Service, Google, Business, Oxford, Gartner, New York University, Allen Institute, AI, Nvidia, Meta's, Anadolu, Getty, Rush, Microsoft, Monash University Locations: Cambridge, Habsburg
This story is available exclusively to Business Insider subscribers. AdvertisementOver on Reddit, Target workers have posted some big numbers, often topping the 10 miles that caught the attention of Walmart's CFO. one user said on a subreddit for Target workers in July. Healthcare workers topped the list: It said some hospital staffers could reach 60,000 steps, or 30 miles, during a 12-hour shift. A Target spokesperson told Business Insider that while the company did estimate time and distance as part of assigning work, it did not individually track employees' movements throughout the day.
Persons: , John David Rainey, they've Organizations: Service, Business, Apple, US Postal Service, CNBC, Target, Walmart Locations: Reddit, Tennessee
The federal minimum wage, which has been stuck at $7.25 an hour for 15 years. Given the situation, here's an idea: Why not raise the federal minimum wage right now? Getting anything done legislatively is always a challenge, especially in an election year, but polls indicate a higher minimum wage is broadly popular. AdvertisementOnce the minimum wage gets so high that it starts to cause a bunch of job loss, that's a problem. If a higher minimum wage lifts millions of people out of poverty, that's incredible.
Persons: it's, Yannet Lathrop, California's, It's, Jacob Vigdor, Vigdor, Justin Wiltshire, Michael Reich, David Neumark, shouldn't, we've, they've, Emily Stewart Organizations: Bureau of Labor Statistics, National Employment, New York Times, Congressional, University of Washington, University of Victoria, UC Berkeley's Center, Dynamics, University of California, Business Locations: Nebraska, Florida, Washington ,, Washington, West, Wisconsin, Iowa, Mississippi, South Carolina, Seattle, California, British Columbia, New York, Irvine, America, Wiltshire
Advertisement"As much as we think that our country is obese or unhealthy, there's another whole side who are into their fitness," Taylor said. Taylor told me that strength training now makes up 90% of her routine. Gyms are quickly becoming Gen Z's favorite hangout spot — but there's just one problem with the fitness boom. Chains like Planet Fitness rely on members never showing up; the gyms aren't built for Gen Z. Planet Fitness, the most popular gym franchise in the US, has on average 6,500 members per gym.
Persons: Britt Taylor, Taylor, Gen, aren't, Les Mills, Gen Z, who's, Z's, they've, Kayla Itsines, Christian Guzman, Whitney Simmons, Simeon Panda, Casey Johnston, Johnston, Sarah Ryan, Ryan, Amrita Bhasin, Bhasin, Britt, it's, Jim Thomas, Gen Zers, It's, Renel Scarlett, didn't, Amelie Desai, I've, Desai, Scarlett, Bassem Mostafa Organizations: Boca, McKinsey, ABC, American College of Sports, Gen, YouTube, Weightlifting, Fitness Management, Health, CNN, Works Health Club, Health & Fitness Association, GlobeMonitor Market Research Agency Locations: Boca Raton , Florida, California, Portland , Maine, Maine, Portland, American
Based on Trump's social media commentary, more about their relationship may be coming soon. Trump wrote in a post on Truth Social on Tuesday that the two will be speaking together publicly next week. Trump wrote. 'I have no choice'Since gaining Musk's support, Trump has returned the praise. On the day of Trump's speech in Nashville, Musk wrote "Save our kids!"
Persons: Elon Musk, Donald Trump, Evan Vucci, Donald Trump's, Trump, he'd, Elon, He's, Musk, What's, podcaster Jordan Peterson, they've, Kamala Harris, he's, it's, Joe Biden, Steven Cheung, Biden, Tesla wasn't, Tesla, Ron DeSantis, DeSantis, David Sacks, Trump's, CNBC's Joe Kernen, they're, Harris, Mark Fields, , Fields, CNBC's Brian Sullivan, Giorgia Meloni, Javier Milei, Jair Bolsonaro, Narendra Modi, Benjamin Netanyahu, Kevin Mohatt, Kamala, Mike Moritz, Moritz, Brian Schwartz, Christina Wilkie Organizations: SpaceX, White, AP NASHVILLE, Bitcoin Conference, Elon, Music City Center, Trump, Republican, PAC, North Carolina Attorney General's, America PAC, ELON, Biden, General Motors, Ford, Musk, Tesla, Bitcoin, Italian, Indian, Capitol, Air Force, Joint Base Andrews, Financial Locations: Washington, Tenn, , Nashville, Memphis , Tennessee, Pennsylvania, Michigan, tamp, Florida, Lago, China, U.S, Atlanta, Gaza, Wisconsin, Joint Base Andrews , Maryland, West Palm Beach , Florida, Silicon Valley
Chun Shui Tang founder Liu Han-chieh and managing director Angela Liu at one of their company's teahouses in Taichung. Chun Shui Tang's executives appear unperturbed by the many shapes and forms boba tea takes these days — Heinz ketchup boba tea, anyone? AdvertisementIn 2008, Chun Shui Tang introduced a boba tea hot pot with a savory tea-infused broth. Huileng Tan/Business InsiderChun Shui Tang OG shop in Taichung is a tourist hotspotToday, Liu's OG Chun Shui Tang teahouse in Taichung is on many tourists' checklists. Chun Shui Tang founder Liu said he isn't worried about the competition, because the market is big enough for everyone.
Persons: , Chui, Chui Shui Tang, Chun Shui Tang, Liu Han, Liu, It's, Lin Hsiu, Chun, Huileng Tan, Lin, Angela —, doesn't, he's, Tang, He's, boba, Tu, Liu's, Angela, Chun Shui, Angela Liu, Heinz, they've, Liu wasn't, Mark Anthony Villones, Villones, Filippino Mark Anthony Villones, Kayne Sy, China Chun Shui Tang, Jason Yu, Kantar, Aly Song, Yu, it's Organizations: Service, Business, Chun Shui, Starbucks, Purdue University, Chun Shui Tang, Liu's, BI Locations: Chui Shui, Taiwan, Taichung, Japan, Tainan, China, Huileng, , Philippines, Central China, Hong Kong
Read previewSix months after he started taking a weight-loss drug, a 62-year-old man was hospitalized with heart palpitations, tremors, confusion, fever, and sweating. The man, from Colorado, had been prescribed the drug tirzepatide (the active ingredient in Mounjaro and Zepbound) to lose weight. Over time, the patient decreased his insulin dose as he lost weight, but didn't change his thyroid medication. This highlights the potential risks of losing weight too quickly, and the need for medical supervision while using the drugs, they said. AdvertisementOzempic and Wegovy, brand names for semaglutide showed weight loss of about 15% over a similar time period.
Persons: , Barbara Davis, they've Organizations: Service, Business, Barbara, Barbara Davis Center, Diabetes, University of Colorado, FDA Locations: Colorado
Now could be a good time to start buying stocks with high dividend yields, according to BMO Capital Markets. The highest-paying S & P 500 stocks have significantly underperformed the index over the last year and a half, even with the rebound they've enjoyed in recent months, said chief investment strategist Brian Belski. They are rated outperform by the firm's analysts and fall within the top 25% of S & P 500 stocks by dividend yield. Digital Realty Trust, which pays a 3.28% dividend yield, owns, develops and operates data centers — which are expected to see surging demand thanks to AI . Host Hotel & Resorts, which owns luxury and upper-upscale hotels, has a 4.92% dividend yield and is down 16% so far this year.
Persons: they've, Brian Belski, Belski, AbbVie Organizations: BMO Capital Markets, Federal, Fed, BMO, Pfizer, pharma, AbbVie, Cerevel Therapeutics, American Electric Power, Southern Company, Utilities, Digital Realty Trust, Host Hotels, Resorts Locations: Southern
With ongoing affordability challenges exacerbated by high interest rates and inflated home values, housing is a major concern for Americans across the political spectrum. "When I talk to Americans, one of the biggest concerns I hear is, 'Why are housing costs so high?' In the past, Vance has blamed the housing affordability crisis largely on high interest rates. Many economists disagree with Vance's argument about the source of the housing affordability crisis and his solution to it. They've also blamed the current administration for relatively high interest rates, which are determined by the independent Federal Reserve and designed to control inflation.
Persons: , JD Vance, Vance, Sean Hannity, Kamala Harris, Daryl Fairweather, Fairweather, hasn't, Ned Davis, There's, Donald Trump's, Biden, Harris, They've Organizations: Service, Fox News, Republican, Business, Federal Reserve, Ned Davis Research, Trump Locations: Ukraine
Mortgage rates have been trending down in recent days in response to weaker-than-expected labor market data and concerns of a possible economic downturn. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates would impact your monthly payments. 30-Year Fixed Mortgage RatesThe average 30-year fixed mortgage rate was 6.73% last week, according to Freddie Mac. 15-Year Fixed Mortgage RatesLast week, average 15-year mortgage rates were 5.99%, an eight-basis-point decrease from the previous week, according to Freddie Mac data. Once the Fed cuts rates, mortgage rates should fall even further.
Persons: homebuyers, you'll, Freddie Mac, it's Organizations: Zillow, Federal Reserve Locations: Chevron
Big Tech companies became less known for one particular product. Instead, Big Tech became obsessed with a series of half-baked boondoggles that seemed revolutionary, yet in practice, were either not reliable enough to be trusted or simply not that useful. Big Tech has become sullen, entitled, and lazy, believing that nobody else could snatch away its precious customers. Related storiesEven when tech companies aren't trying to shove AI down our throats, they fall into a similar trap. AdvertisementWhen the public eventually walks out, I don't believe Big Tech is even capable of making the adjustments necessary to win them back.
Persons: Smart, surly, Apple, Meta, Tesla, Elon Musk, Musk, , Goldman Sachs, Jim Covello, Sundar Pichai, it's, Tech's, Satya Nadella Organizations: Google, Microsoft, Apple, Big Tech, Siri, Amazon, Meta, Tech, Facebook, cryptocurrency, Porsche, Microsoft Windows Locations: America
But prosecutors had no direct evidence tying Black to the location of the murder, an Ohio appellate court later said. In many cases, prosecutors themselves don't even have access to the source code and haven't reviewed the underlying technology. Back in Akron, the judge in Rankin's case ordered the Cybercheck evidence excluded after prosecutors failed to turn over the source code. The Summit County Prosecutor's Office declined to comment when reached by BI. It's unclear how many others may be behind bars because of Cybercheck evidence that was never rigorously scrutinized.
Persons: Adarus Black, Black, Na'Kia Crawford, Crawford, Adam Mosher, Mosher, Cybercheck, Chris Ramsey, It's, That's, Donald Malarcik, Summit County who've, Javion Rankin, Tyraye Carter, Rankin, Malarcik, Eric Zale, Zale, Mr, Shara Munn, she'd, Freiheit, Meghan, Breck, Roesch, weren't, They've, who's, isn't, Phillip Mendoza, Kimberly Thompson, Brian James, Tyree Halsell, Mendoza, Mosher's, Steve Michniak, Michinaik, William Holland, Brian Stano, Katherine Long, Jack Newsham Organizations: Business, NBC News, Cybercheck, Prosecutors, Police, Fleming College, Technicians, Akron Police Department, University of Saskatchewan, Summit, Prosecutor's, BI Locations: America, Akron , Ohio, Ohio, Colorado , New York, Florida, New York, Philadelphia, Houston, Denver, Akron, Summit County , Ohio, Canada, Toronto, Summit County, Boulder , Colorado, New Brunswick, Calgary, Colorado, Nevada, Pennsylvania, Colorado , Ohio, East Akron , Ohio, Summit, Portage County, Lake Erie
While only applicable in California, labor law experts expect momentum to spread to other states where the issue hasn't yet been tested. 22 went into effect, more than 80% of California drivers surveyed said that it has been good for them. In other high-population states, there has been a wave of recent actions and compromises between the companies and the states. In November, New York announced two settlements totaling $328 million with Uber and Lyft to resolve multi-year investigations. The state had been seeking a court determination that Uber and Lyft drivers are employees, not independent contractors.
Persons: Caroline Donelan, Uber, Brazil —, Gary McLaughlin, Mitchell Silberberg, Lyft, there's, James Yukevich, Yukevich Cavanaugh, it's, Tony West, Kamala Harris, general's, Michael M, Baylson, Donelan, Massachusetts Uber, Verrett, John Wicker, Stradling Yocca Carlson, There's, Gregory P, Feit, Reavis Organizations: California Supreme, Blank, Employees, New York, Pew Research, Washington Post, Democratic Party, Transportation Network Companies, federal, Labor, Union, United, 32BJ SEIU, Service Employees International Union, International Association of Machinists, SEIU, Rauth Locations: California's, U.S, California, New, New York State, Massachusetts, Australia, Brazil, Washington, New York , Massachusetts, Pennsylvania, Minnesota, Florida, Minneapolis, In Massachusetts
Keep reading to learn everything you need to know about how to buy UFC 306 tickets for Riyadh Season Noche at the Las Vegas Sphere. Riyadh Season Noche UFC will bring UFC to the Sphere on September 14. How to buy UFC 306 Riyadh Season Noche ticketsOriginal standard Riyadh Season Noche UFC tickets are sold through Ticketmaster. How much are UFC 306 Riyadh Season Noche tickets? Overall, tickets to Riyadh Season Noche UFC are more expensive than typical UFC tickets, which is often the case with events that take place at the Sphere or have big-ticket names on the fight card.
Persons: you've, Merab Dvalishvili, Sean O'Malley, Alexa Grasso, Valentina Shevchenko, Brian Ortega, Diego Lopes, they've, Noche, Raul Rosas Jr, Irene Aldana, Norma Dumont, Manuel Torres, Ignacio Bahamondes, Edgar Chairez, Kevin Borjas, Ronaldo Rodriguez, Osbourne, Yazmin, Ketlen Souza, women's, Daniel Zellhuber, Esteban Ribovics Organizations: Business, UFC, Noche, Ticketmaster, Riyadh Season Locations: Riyadh
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