Author: Editor

My stable job in the UK allowed me to save, but rental prices in my area would have taken up a huge portion of my income. Each month, I withdrew from my savings as everyday expenses became luxuries. I still had bills to pay, such as car finance, insurance, gas, phone, and a contribution to my parents’ mortgage.I couldn’t move out of my parents’ house at 28. My goal was to buy my own place, but this was unrealistic. Renting was just as high as a monthly mortgage payment. Saving for a down payment while renting in the UK was…

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Paramount Skydance CEO David Ellison speaks during the Bloomberg Screentime conference in Los Angeles on October 9, 2025.Patrick T. Fallon | Afp | Getty ImagesHollywood could soon have a new king of the box office. With Paramount Skydance set to take over Warner Bros. Discovery, the combined film studios could dominate the theatrical slate. Paramount CEO David Ellison has repeatedly promised not to pull back on production from either studio, with the goal of making 30 movies a year — 15 from Paramount and 15 from Warner Bros. The pending transaction, with an enterprise value of $111 billion, must still…

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For six years, they stalled creditors, ignored deadlines, and filed stacks of legal documents. They declined to unlock their ornate front doors for court-ordered visits by realtors, lawyers, and federal marshals. Loading audio narration… And even now, they keep fighting to reclaim their former Gilded Age Manhattan townhouse — on the brink of its $34.5 million bankruptcy sale, set to close as early as Sunday.Fashion heiress Marianne Nestor and her sister Peggy, both in their 80s, say they are not ready to give up their battle for the 1901 townhouse, where iconic designer Oleg Cassini once sketched fashions for Jaqueline…

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American consumers will feel the pinch from the Iran conflict even if stocks and the dollar don’t, one market guru says. Loading audio narration… Derek Horstmeyer, a finance professor at George Mason University’s Costello College of Business, says it’s striking how the S&P 500 and the greenback have responded to a major military engagement.It’s “hard to believe that you could start a war” that sparks the closure of the Strait of Hormuz — shutting off 20% of the global oil supply and spiking crude prices to over $100 a barrel — and have the S&P 500 down just 2% over…

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President Donald Trump’s war with Iran is disrupting oil supplies and sending gas prices soaring, but some drivers are finding relief at their local Costco. Loading audio narration… The wholesale club typically sells gas about $0.20 per gallon less than nearby stations, but that advantage can be greater in areas with relatively high gas prices.For example, on Friday in Atlanta, the Costco warehouse on Brookhaven Avenue had gas at $3.26 per gallon, which was $0.14 below the county averages reported by GasBuddy and AAA.Although Kansas had the lowest gas prices of any US state on Friday, neighboring Missouri is usually…

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This as-told-to essay is based on a conversation with Pavi Theva, 31, a career coach who lives in Austin. The following has been edited for length and clarity. Loading audio narration… The first time I visited San Francisco, I fell in love with it.A year later, around June 2018, I went back for a work trip. From the Golden Gate Bridge to the coastal views, the city was stunning, and the hustle and bustle in the air made me feel like I’d never get bored there.I started planning how I could work there one day. In October 2018, I left…

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As gold surpasses $5,000 per ounce, its record-setting rally is reshaping more than investment portfolios. The spike has drawn the attention of criminal groups in Colombia, who are focusing their efforts more and more on this precious metal.”We’re talking billions and billions of dollars a year in dirty money,” said Julia Yansura, the program director for environmental crime and illicit finance at the Washington, DC—based FACT Coalition, who tracks how dirty money enters the United States.In 2024, Colombia exported $4.1 billion worth of gold, according to UN trade data. The United States imported roughly $1.5 billion of that, making it…

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“The Diary of a CEO” star Steven Bartlett has enthusiastically embraced AI — with one big exception.His media company, FlightStory, stopped using AI to make LinkedIn posts after noticing a lot of AI “slop” on the platform. His team felt human-written ones would have more emotional resonance and break through the noise.”You can really see the AI slop,” Christiana Brenton, FlightStory’s CRO and cofounder, told Business Insider in a recent interview. “What Steven detected very early on, and as we did for all of our creators, is that when the world swings left, the opportunity is right. What’s going to…

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Meta is gearing up for possible layoffs as it pours billions into AI, two senior employees familiar with the matter told Business Insider. Loading audio narration… The sources said that some managers have been asked to prepare cost-cutting plans but were not told their scope or timing.Reuters, which first reported about the potential layoffs on Friday, said that up to 20% of Meta employees could be let go. As of the end of 2025, Meta employed nearly 79,000 people, so a potential cut of 20% would mean roughly 16,000 jobs eliminated. That would be Meta’s most significant reduction since 2022,…

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