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☆ Betting on the election is the hottest new trend. But can prediction markets keep the momentum going?
▼ + stars: | 2024-10-30 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

The big storyPresidential betsChris duMond; Chip Somodevilla/Getty Images; Jenny Chang-Rodriguez/BIWe're less than a week from election day, but one group can already claim victory: betting markets. Kalshi's legal victory in October over the CFTC to offer election betting paved the way for the trend. iStock; Rebecca Zisser/BIThe betting market's biggest tests might come after the election. Betting markets have Trump as a heavy favorite, whereas traditional polls indicate a tight race. AdvertisementShould Trump win in a landslide, it could strengthen the case for using betting markets as a key tool for election analysis.

Persons: —, Chris duMond, Chip Somodevilla, Jenny Chang, Rodriguez, Matthew Fox, Donald Trump, Polymarket, iStock, Rebecca Zisser, Nate Silver, Tesla, Zuckerberg, Citadel's, Justin Lubell, Lubell, Steve Schwarzman, Ken Griffin, Trump, Tyler Le, Harris, Sundar Pichai, Elon Musk, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Milan Sehmbi Organizations: Business, Service, Apple, CFTC, Trump, TikTok, Meta Connect, Meta, Bank of America, Blackstone, Republican, Amazon, AWS, Five Apple Intelligence, Google, The Washington Post, Street, Microsoft, Starbucks Locations: French, New York, London

See more mortgage rates on Zillow Real Estate on ZillowWhat Are Today's Refinance Rates? See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's interest rates will affect your monthly payments. Current 30-Year Mortgage RatesAverage 30-year mortgage rates are around 6.50%, according to Zillow data. Mortgage rates are determined by a variety of different factors, including larger economic trends, Federal Reserve policy, your state's current mortgage rates, the type of loan you're getting, and your personal financial profile. Now that the Fed has cut rates, mortgage rates may not drop much in October.

Persons: you'll, Freddie Mac, it's, they've Organizations: Treasury, Federal Reserve, Trump, Zillow, Fed Locations: Chevron

☆ How the cost of housing is expected to change under Trump or Harris
▼ + stars: | 2024-10-30 | by ( Allie Kelly | John L. Dorman | ) www.businessinsider.com time to read: +7 min

Detailed below is what Harris and Trump have proposed in order to address these worries. Vice President Kamala Harris and former President Donald Trump have both pledged to address high prices by boosting the supply of homes. Related storiesThe Democratic candidate also said she plans to expand the existing low-income housing tax credit, which incentivizes the rehabilitation or building of housing targeted at lower-income households. As president, Trump proposed major cuts to the federal Department of Housing and Urban Development's budget, including slashing housing assistance and community development aid. AdvertisementWhile in office in 2017, Trump proposed a budget for the 2018 fiscal year that would have significantly cut rural housing subsidies.

Persons: Harris, Trump, —, Kamala Harris, Donald Trump, Daryl Fairweather, Redfin, Fairweather, Jessica Lautz, multifamily Organizations: Service, Business, Democratic, Peterson Institute for International Economics, Builders, of Housing, Urban, National Association of Realtors, Democratic Party Locations: America

☆ Inflation is cooling, yet many Americans are still living paycheck to paycheck
▼ + stars: | 2024-10-30 | by ( Lorie Konish | ) www.cnbc.com time to read: +3 min

Blueflames | Getty ImagesNecessities are 'swallowing up' incomeThe share of households living paycheck to paycheck has grown since 2019, according to the firm. Around 35% of households earning less than $50,000 per year are living paycheck to paycheck, up from 32% in 2019. Higher-income households also report struggling, with around 20% of households with more than $150,000 living paycheck to paycheck, the research found. Inflation is a top issue with voters as the November election approaches, according to an October CNBC All-America Economic Survey. People who rent are among those feeling the biggest impact of inflation, Traphagen said.

Persons: It's, David Tinsley, Tinsley, Jamie Grill, Peter Traphagen, Traphagen, Nick Roth, Roth Organizations: CNBC, America Economic Survey, Bank of America Institute, Labor Department, Wealth, Foster & Motley Locations: U.S, Oradell , New Jersey, Cincinnati

☆ Alibaba and more: Fund manager gets bullish on 3 China tech stocks — expecting one to double
▼ + stars: | 2024-10-29 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

Hsu, founder and chairman of Rayliant Global Advisors, told CNBC's Pro Talks that Alibaba , JD.com , and Pinduoduo are among his top picks. If signs of consumption growth return to China, he suggested the stock could climb to $200 per share or double from current levels. BABA 1Y line Hsu said he views JD.com similarly to Alibaba, with his preference between the two mainly driven by valuation metrics. PDD Pinduoduo underperformed the broader Chinese stock market this year and has fallen by 14% so far this year. Baidu Not all Chinese technology stocks are equally attractive.

Persons: Jason Hsu, Hsu, CNBC's, BABA, CNBC's Tanvir Gill, JD.com, They've, —, Evelyn Cheng Organizations: Rayliant Global Advisors, Baidu, Alibaba's, Wall Street, China Equity ETF, Google Locations: China, Beijing, Alibaba's New York

☆ How to keep your portfolio steady in volatile times as the election approaches
▼ + stars: | 2024-10-29 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +5 min

The S & P 500 is toting a 1.3% gain in October, but it's up more than 22% in 2024. He said his team expects the CBOE Volatility Index (VIX) , a measure of expected volatility, to remain elevated around 20 until after Election Day. Individual investors are already expressing some worries about how the markets might behave in the run-up to Nov. 5 – and the days that follow. Cash-secured puts can offer investors an opportunity to put cash to work and generate some income, he said. Covered call strategies have also come into play as a potential way for investors to contend with concentrated positions, he added.

Persons: Craig Johnson, Piper Sandler, Logan Queck, I'm, Malcolm Ethridge, Ethridge, they've, Ashton Lawrence, Cash, Lawrence Organizations: Wealth, CFP, Capital, IRS, Investment Company Institute, Mariner Wealth Advisors Locations: West Des Moines , Iowa, Washington ,, Greenville , South Carolina

☆ Relax with the extracurricular activities — downtime is equally important for kids
▼ + stars: | 2024-10-29 | by ( Cailey Griffin | ) www.businessinsider.com time to read: +6 min

AdvertisementWhile your child may naturally excel at their structured activities, parents need to remove the pressure around achieving a certain level of success in their activities. Related storiesIt's also important to check in with your child on how they're feeling about the structured activities they're already involved in. "It's funny that we even call it downtime," Gray told Business Insider. For some kids, downtime may mean catching up on a book alone; for others, it may mean playing a new video game they've wanted to try. AdvertisementFener Sitkoff recommended parents center the idea of balance when considering their involvement with their kids' downtime.

Persons: —, Erica Fener Sitkoff, Peter Gray, Fener Stikoff, they're, Gray, Fener Sitkoff, Sitkoff, They're, they've, hasn't, you've, It's Organizations: Service, Boston College, Business

☆ I landed my dream job, and everything looked perfect, but on the inside, I was really struggling. Moving to a remote Scottish island helped me heal.
▼ + stars: | 2024-10-29 | by ( ) www.businessinsider.com time to read: +7 min

Mel Macintyre landed her dream job at a finance company in Edinburgh in her 30s. AdvertisementThis as-told-to essay is based on a transcribed conversation with Mel Macintyre, a business and life coach living in Eriskay in the Outer Hebrides, Scotland. I've been a business coach for 25 years and climbed the corporate career ladder in a typical, ambitious way. I struggled with feeling inauthentic and like I had to put a mask on at work every day. The way I was living my life was fundamentally making me ill, but I didn't want to let people down.

Persons: Mel Macintyre, Macintyre, —, I've, I'd, MacIntyre, it's, they've, Mel Macintyre It's Organizations: Service, HSBC, Edinburgh, Scottish Government, Business Locations: Edinburgh, Scotland, Eriskay, Europe, Ayrshire

☆ Goldman Institute calls for ‘data center diplomacy’ as U.S. competes in global AI race
▼ + stars: | 2024-10-29 | by ( Kate Rooney | ) www.cnbc.com time to read: +3 min

"Data may be the new oil, and it's ultimately nations, not nature, that's going to determine the future of AI infrastructure built." AI relies on massive amounts of data for training and gigantic data centers. Despite a slowing economy, Beijing has been investing in AI data centers, and launched a $6.1 billion national initiative called "Eastern Data, Western Computing." The U.S. has its own slate of initiatives, including a task force on AI infrastructure. "The Arab Gulf countries of the Middle East present many promising opportunities for AI data centers," Cohen wrote.

Persons: Goldman Sachs, Jared Cohen, Goldman, Cohen, it's, They've, Anthropic Organizations: Goldman Sachs Global Institute, CNBC, Google, Microsoft, Meta, Computing, United, United Arab Locations: China, Beijing, U.S, Canada, Australia, France, Gulf, OpenAI, United Arab Emirates, Qatar, Saudi Arabia

☆ Colin Allred is in a tight race with Ted Cruz. Here's how he's planning to become Texas' first Democratic senator in decades.
▼ + stars: | 2024-10-29 | by ( John L. Dorman | ) www.businessinsider.com time to read: +8 min

The marquee Senate race between Colin Allred and Ted Cruz could reveal a lot about Texas' identity. In total, Allred has raised more than $80 million for the Senate race, according to his campaign. AdvertisementThe electoral mapIn 2018, then-Rep. Beto O'Rourke traversed Texas during his Senate campaign and in the process visited all of the state's 254 counties. Business Insider has reached out to the Cruz campaign for comment. Advertisement"When you have a one-party rule state for so long, you can get an impression that there's no changing it," Allred told me.

Persons: Colin Allred, Ted Cruz, Cruz's, —, they've, hasn't, Colin Allred —, Sen, Allred, Cruz, Donald Trump, Kamala Harris, Chuck Schumer, Roe, Wade, Harris, Beyoncé, It's, Beto O'Rourke, O'Rourke, Brandon Bell, he's, Trump, Mark, Jones, Greg Abbott, John Cornyn Organizations: Lone Star State, Service, Congressional, New York Times, Marist College, Morning, University of Houston Hobby School of Public Affairs, Senate, PAC, Democratic, Republican, NFL, US, Times, Texas, —, El, Texans, Sun, Rice University, Texas Republicans, Business, Republicans Locations: Texas, Houston, Dallas, Siena, York, El Paso, Congress, Austin, San Antonio, Arizona, Georgia, Cancún, Mexico

☆ Why Boeing's $21 billion share sale is an early Christmas present for Wall Street
▼ + stars: | 2024-10-29 | by ( Reed Alexander | ) www.businessinsider.com time to read: +5 min

AdvertisementWall Street bankers tasked with helping companies raise money through sales of stock just got an early Christmas present. The sale ended up raising nearly $21 billion, marking one of the largest deals for US equity-capital-markets bankers in history. Thanks to the Boeing capital raise, he now predicts ECM bonus increases of 30%, he said. 'A rising tide lifts all boats,' comp expert saysThe ultimate size of Boeing's capital raise puts it in league with some of the largest raises ever, according to global equity capital raise data provided by LSEG. But, based on Johnson's forecast, it seems those involved in the Boeing capital raise may find themselves flying highest on bonus day.

Persons: Goldman Sachs, —, bookrunners Goldman Sachs, Morgan Stanley, Alan Johnson, Johnson, Semafor, Thoma Bravo, It's, they've Organizations: Boeing, PJT Partners, RBC Capital Markets, Service, Monday, Bank of America, Citigroup, JPMorgan, Wall, Johnson Associates, LSEG, Petrobras, Lloyds, Nasdaq Locations: Brazilian, British

☆ These are the telltale signs of a fake Hermès Birkin, according to a vintage luxury expert with 20 years of experience
▼ + stars: | 2024-10-29 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +4 min

A vintage expert with 20 years of experience says there are telltale signs to spot a fake Hermès Birkin. Here's what to look out for when picking out a vintage Birkin. I've learned strategies that help me identify specific things about luxury bags, from their model to configuration, just by looking at a piece. Here are tips on detecting if the vintage Birkin you're eyeing is authentic. Edward Berthelot/Getty ImagesIf you have a Hermès Birkin, you will know that the way the leather is treated gives it an almost perfumed smell.

Persons: Birkin, —, Koyaana Redstar, Louis Vuitton, Chanel, I've, Kelly, Hermès, Counterfeiters, Hermès Birkin, Dario Cantatore, they've, That's, Birkin suede, Edward Berthelot Organizations: telltale, Service, Luxe, eBay, Rebag Locations: Los Angeles, New York, Hermès

☆ Millennial couple who left the U.S. for an island in Japan where they run a honeybee farm: 'Our lives here are so rewarding'
▼ + stars: | 2024-10-29 | by ( Dani Benton | ) www.cnbc.com time to read: +6 min

We spent the next year and a half traveling through Mexico, before arriving in the fall of 2023 on Ōmishima Island in Japan's Ehime Prefecture. Today, we own a guesthouse, a primary residence that used to be an inn, and have a small, growing honeybee farm. Photo: Dani BentonOur work on the honeybee farm includes hive health inspections, monitoring colony growth, building hive boxes and, of course, harvesting and processing honey. The community has made us feel so at homeWe found Bosco living under another abandoned house next to our property. Photo: Dani BentonI love animals, and thanks to ours, I got involved with One No Wa, the dog rescue on the island.

Persons: Evan, they've, Ōmishima, Bosco, Dani Benton, Hani, Shimanami Kaido, Cherry, Dani Benton …, Ino Ino, Ponkan Locations: New Orleans, Mexico, Ōmishima, Japan's Ehime Prefecture, Hakatajima, Ōmishimafuji

☆ Republicans are mobilizing expat votes for Trump in Israel, hoping to tip the scale in battleground states
▼ + stars: | 2024-10-29 | by ( Joshua Nelken-Zitser | ) www.businessinsider.com time to read: +8 min

According to the FVAP, only about 5% of American voters in Israel cast their ballot in 2020. AdvertisementHe said American voters in Israel will be asking, '"Which presidency is the one that will save the lives of my children?" He said his in-laws plan to vote for Harris, while his wife may vote for Trump for the first time. In Trump-friendly Israel, American expats are dividedIn general, Israel is Trump-friendly territory. He said that among American voters in Israel, Orthodox Jews are more likely to support Trump, while secular Jews tend to favor Harris.

Persons: —, Judith Segaloff, Segaloff, Expats, Donald Trump, AHMAD GHARABLI, iVote, Heather Stone, they've, Kamala Harris, Stone, Sen, JD Vance, Trump's, Harris, Trump, Raphael Gantshar, Gantshar, Benjamin Netanyahu, Abraham, SAUL LOEB, Tzvi Silver, I'm, Silver, Langer, Uriel Abulof, Abulof, Bibi, Here's Organizations: Service, West Bank, International Court of Justice, Republican Overseas, Getty, Voting, Israel, CBS News, Democratic National Committee, Republican, New Yorker, Abraham Accords, Trump, Accords, Langer Research, Jewish, Tel Aviv University's School of Political Science, Israeli, Republicans Overseas Locations: Israel, AFP, iVote Israel, New York , New Jersey, California, Pennsylvania, Michigan, Gaza, Lebanon, New, New Jersey, PORI

☆ I'm a 27-year-old who supports my parents and siblings. I worried what my partner might think, but I'm grateful to be a female breadwinner.
▼ + stars: | 2024-10-28 | by ( Kimanzi Constable | ) www.businessinsider.com time to read: +7 min

I got a hefty scholarship, which covered my living expenses, so I didn't work while I was in law school. I graduated from law school in May 2022I studied for and took the Washington, DC Bar exam that summer. Related storiesI now help individuals get into law school, perform well, and get jobs after law school. I wish I had had law school mentorship in my life — there is so much I just didn't know about the process. The business grew as my TikTok grew.

Persons: Sephora Grey, —, I'm, they've, they're, Lauryn Haas Organizations: Service, LSU, University of Florida, Georgetown Law School, Washington , DC, Court, District of, Appeals, Federal Circuit, Boston University, lhaas Locations: Mississippi, Baton Rouge, Washington, District of Maryland, Ohio, Boston, Georgetown, Florida, Miami

☆ 2 New Jersey restaurateurs turned a Cybertruck into a mobile pizza oven — and they want to cook for Elon Musk
▼ + stars: | 2024-10-27 | by ( Tom Carter | ) www.businessinsider.com time to read: +5 min

The owners say they're huge Tesla fans, and want to one day cook pizza for Elon Musk. AdvertisementA pizzeria in New Jersey has transformed two Cybertrucks into pizza trucks, using one of the Tesla vehicle's most futuristic features to cook pizzas on the go. They wanted new vehicles to relieve the strain on their gasoline pizza truck, which the two partners say was frequently booked months in advance. Now, they say they are facing a huge wave of demand for their Cybertruck pizza trucks, which they've modified to cook pizzas at parties and events. Like other electric vehicles, including the Ford F-150 Lightning, the Cybertruck has bidirectional charging, allowing it to become a mobile power source for appliances and even other electric vehicles.

Persons: Tesla, —, Fabio Antonio Arbelaez, Ryan McDermott, McDermott, Elon Musk, Hurricane Helene, Elon, Arbelaez, aren't, I've Organizations: Elon, Service, Columbia, Ford, EV, Tesla, Austin Locations: Jersey, New Jersey, Columbia, Florida, Hurricane, Colombia, Texas

☆ A couple who moved from Hawaii to Colorado for a lower cost of living are struggling to afford a home on a six-figure income
▼ + stars: | 2024-10-27 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +6 min

A millennial couple moved from Hawaii to Colorado in 2017 in search of a lower cost of living. AdvertisementEntrepreneurship could help them afford a homeSibok and his girlfriend moved to Colorado in 2017. Related storiesOne of the biggest reasons they left Hawaii was the state's high cost of living. Jon Sibok and his girlfriend are struggling to find a home in their budget in Colorado. AdvertisementWhen the couple first moved to Colorado, home prices and mortgage rates were significantly lower than they are today.

Persons: they've, —, Jon Sibok, Sibok, Redfin, he'd, it's, Doxo, Sibok hadn't, homeownership, he's Organizations: Service, Commerce City , Colorado —, Business, Commerce, Colorado Locations: Hawaii, Colorado, Commerce City , Colorado, Denver, Commerce City

☆ Mike Huckabee is the unlikely avenger of deep-faked celebrities
▼ + stars: | 2024-10-27 | by ( Laura Italiano | ) www.businessinsider.com time to read: +10 min

Mike Huckabee's lawsuit over his bogus CBD gummies ads on Facebook is an exception. In May, Huckabee, a Baptist minister and staunch conservative, discovered his manipulated image had been used for months in Facebook ads for CBD gummies. A false Facebook ad, since taken down, in which former Arkansas Governor Mike Huckabee "endorses" CBD gummies. Mike Huckabee can't remember the precise moment in May when he realized his doppelganger was selling CBD gummies. Meta is due to file additional papers supporting its motion to dismiss the Huckabee lawsuit on Monday.

Persons: Mike Huckabee's, —, Oprah Winfrey, Taylor Smith, Donald Trump, Tom Hanks shilled, Tom Hanks, Jennifer Aniston, Mike Huckabee, Huckabee, Meta, Eric Goldman, Scott Poynter, Andrew Forrest, Forrest's, P, Casey Pitts, Forrest, Poynter, Goldman, Anderson, Nylah Anderson, TikTok, Fortin, he'd Organizations: Facebook, Meta, Service, Arkansas Gov, Huckabee, Baptist, Communications, Business, Santa Clara University, Arkansas, Trinity Broadcasting Network, Fox, Trinity Broadcasting, BI Locations: Arkansas, American, Delaware, California, Pennsylvania

☆ Michigan's election fate will depend on laborers. A Democrat and Republican outline what those workers are looking for.
▼ + stars: | 2024-10-27 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +7 min

Mark Forton, the GOP chair in Macomb County and former United Auto Workers union member, is out door-knocking for Trump. Both told Business Insider they are especially targeting union workers whose votes have proved decisive in the last few elections. "I think we're going to do very, very well in Macomb County," Forton said. "Macomb County carried the state in 2016," he said, adding of 2024, "we have to do it again." "Those labor union members talking to one another and talking about what's at stake is often what has made the difference in election after election after election," Gilchrist said.

Persons: Garlin Gilchrist, Harris, Mark Forton, —, Donald Trump, Governor Garlin Gilchrist, Walz, Gilchrist, Adam J, Forton, he's, Macomb, — he's, who's, That's, Trump, Ronald Reagan, Gretchen Whitmer, Biden, There's, persuasions who've, It's, Kamala Harris, that's Organizations: Michigan, Gov, Trump, Democratic, Service, Biden, GOP, United Auto Workers, Dewey, Anadolu, Getty, Detroit News, UAW, Workers, Teamsters, Washington Post, Marketing Research, Michigan Teamsters, Labor, wouldn't, Democrat, Republican Locations: Macomb County, Michigan, Macomb, Flint

☆ How America's Economy Managed to Avoid Recession, Job Market Disaster
▼ + stars: | 2024-10-27 | by ( Neil Dutta | ) www.businessinsider.com time to read: +9 min

AdvertisementWe're not in a recessionTo determine whether the economy is in recession, it helps to first define the term. Sure, the yearlong payrolls were adjusted down, but the story has largely been the same: This is a cooling but not collapsing labor market. Despite the 50-basis-point interest-rate cut by Chairman Jerome Powell and the rest of the Fed, there's evidence of additional slowing in the labor market. Since the rate cut, I've grown more confident that it will act in the face of weaker employment data. If the labor market deteriorates and the unemployment rate increases, we ought not to rule out another 50-basis-point move.

Persons: We're, —, Jerome Powell, there's, Powell, Stocks Organizations: Federal, National Bureau of Economic Research, Social Security, Conference Locations: America

☆ VCs are 'hedging their bets,' backing competing LLMs like Anthropic and OpenAI, breaking a long-standing venture taboo
▼ + stars: | 2024-10-26 | by ( Ben Bergman | Riddhi Kanetkar | ) www.businessinsider.com time to read: +5 min

Venture firms are increasingly investing in competing LLM startups like OpenAI and xAI. Some VCs argue investing in multiple LLMs is strategic, while others see it as unethical. AdvertisementWhen venture firms pull out their checkbooks, there has traditionally been an unspoken rule: Do not back a competitor. Sound Ventures and Wisdom Ventures backed both OpenAI and Anthropic. There is also the matter of money, with only a handful of firms capable of writing the colossal checks required to fund LLM companies.

Persons: VCs, —, Joe Aaron, — Sheel, Andreessen Horowitz, Elon Musk's XAI, Ilya Sutskever, Umesh Padval, Padval, Anthropic, OpenAI, Gregg Hill, they've Organizations: Service, Sequoia Capital, Fidelity, Ark Invest, Sound Ventures, Wisdom Ventures, Thomvest Ventures, Parkway Venture, Madrona Ventures, NASDAQ Locations: OpenAI, Canadian

☆ Big companies are seeing more turnover in the CFO chair. Here's why that matters
▼ + stars: | 2024-10-26 | by ( Morgan Chittum | ) www.cnbc.com time to read: +9 min

CFO turnover hit 8.9% globally during the period, surpassing levels in 2022 and 2023. A global pandemic, increased geopolitical tensions overseas, supply chain disruptions and recession concerns have made the CFO role even harder. Jim Cramer also has pounded the table of the importance of the CFO role, arguing that "a good CFO can give you a feeling of a Good Housekeeping seal of approval." Moving forward, it's unclear whether CFO turnover will continue to pickup. "If a CFO immediately resigns intra quarter, what companies will do sometimes is reaffirm their guidance to ease investor concerns.

Persons: Zachary Kirkhorn, Deepak Ahuja, Russell Reynolds, CFOs, Steve Gallucci, —, they've, Goldman Sachs, David Viniar, Josh Crist, Crist, Raymond James, Paul Shoukry, Jim Cramer, Amy Hood, Hood, we've …, Costco's Richard Galanti, Eli Lilly, Anat Ashkenazi, Ashkenazi, Ruth Porat, Apple, Luca Maestri, Amy Weaver, Mike Stepniak, Jeff Marks, Marks, It's, Jim Cramer's, Jim Organizations: Wall Street, Deloitte's Global, CNBC, Fortune, Goldman, Bloomberg News, Kolder, Microsoft, Honeywell, Federal, Jim Cramer's Charitable, Istock, Getty

☆ The 'We Live in Time' director on why the movie made financiers nervous, and how that devastating ending changed
▼ + stars: | 2024-10-26 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +9 min

Andrew Garfield and Florence Pugh star as a couple dealing with a cancer diagnosis in "We Live in Time." Advertisement"We Live in Time," the new film starring Florence Pugh and Andrew Garfield as a couple dealing with a cancer diagnosis, defies easy categorization. The movie, which is structured as a nonlinear narrative, follows the relationship between Tobias (Garfield), a Weetabix salesman, and Almut (Pugh), a former figure skater turned Michelin chef, over the course of a decade. The actors — and director — went through the emotional wringerGarfield plays Tobias in "We Live in Time." The ending of 'We Live in Time' was originally differentPugh and Garfield in "We Live in Time."

Persons: Andrew Garfield, Florence Pugh, John Crowley, Crowley, —, Tobias, Garfield, Pugh, it's, It's, who's, Oscar, Saoirse Ronan, Peter, Almut, Ella, who'd, she's, I'm, we're Organizations: Service, London, BI Locations: Brooklyn, Tobias

☆ Insider Today: Young men's new obsession
▼ + stars: | 2024-10-26 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com time to read: +7 min

This week's dispatchThe New York Liberty celebrated their WNBA championship with a victory parade. In June, it was reported that the New York Liberty had the third-highest value in the league ($130 million), and brought in the most revenue last year ($18 million). Wu Tsai made a series of key investments that have paid off. AdvertisementAfter building out a state-of-the-art locker room, Wu Tsai focused on filling out an all-star bench. AdvertisementMore of this week's top reads:The Insider Today team: Dan DeFrancesco, deputy editor and anchor, in New York City.

Persons: —, Sarah Stier, it's, they've, Clara Wu Tsai, Joseph Tsai, Wu Tsai, Breanna Stewart, Gris Osses, Edmon De Haro, Elvis Presley's Graceland, Chelsea Jia Feng, Leila Najafi, she's, They're, Valentin Tkach, Josh Hartnett, Tyler Perry's, Bruce Springsteen, Rebecca Zisser, Taylor, she'll, Dan DeFrancesco, Jordan Parker Erb, Lisa Ryan, Amanda Yen, Grace Lett Organizations: Business, Service, New York Liberty, New York, Financial, Minnesota Lynx, WNBA, Liberty, Barclays Center, BI, Warner Bros, Netflix Locations: York, Brooklyn, honeymoons, Canada, New York City, New York, Chicago

☆ A mega-earthquake could strike the Pacific Northwest any day — and we're not prepared
▼ + stars: | 2024-10-26 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +10 min

People along the coast now have 10 to 30 minutes to reach high ground before a giant wave engulfs the Pacific Northwest. The scene above is a worst-case scenario of a megaquake striking the Pacific Northwest. "It's ominously quiet," Harold Tobin, Washington's state seismologist and the director of the Pacific Northwest Seismic Network, told BI. The Pacific Northwest, by contrast, only found out about the danger posed by the Cascadia subduction zone in the 1980s. The Cascadia subduction zone pushed those mountains up about 10 million years ago, carving the mountain range that makes the Pacific Northwest so stunning.

Persons: Seattle isn't, Robert Ezelle, Rick Bowmer, Ted S, Warren, Juan, Harold Tobin, Tobin, Ezelle, Andrew Selsky, Itsuo Inouye, They've, Wally Santana, Barbara Ortutay Organizations: Washington state's Military, ., Puget Sound, Washington Army National Guard 792nd Chemical Company, Washington state's Military Department, Business, Northwest Seismic Network, AP, Columbia University, Big One, Federal Emergency Management Agency, US Navy, FEMA, Northwest Seismic Locations: Seattle, Pacific, Long Beach , Washington, Northern California, Vancouver, Grandview , Washington, Pacific Northwest, Washington, Washington's, Cascadia, Sitka spruces, Oregon, Japan, Japan's Miyagi Prefecture, Tohoku, Natori

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