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Lisa La Valle and her husband dreamt of moving abroad once their children finished school.After they separated, La Valle found herself at a crossroads: either stay in New Jersey, where she’d spent most of her adult life, or leave the US to build a new life alone in Europe.”I looked ahead at the rest of my life and thought, ‘I’ll be damned if I spend the next 30 years in New Jersey,'” she told Business Insider.In 2018, at 57, La Valle bought a one-way ticket to Paris. Seven years later, at 64, she lives in Brescia, a city in northern…

Do you want to own a piece of a home once owned by Kanye West?Steven “Bo” Belmont is betting that you do. Belmont, who purchased the Tadao Ando-built home from West for $21 million in 2024, has big plans for this concrete slab in Malibu: turning it into a luxury community space for members in the vein of the Soho House. Belmont wants to let multiple people share in his property by selling paid memberships for access to the space and a share in its equity.There’s just one complication: West famously gutted the home before selling it.”The equity in this…

Fleeing the Northeast and flying south — usually to Florida — to wait out the winter in warmer weather is a common move for snowbirds. But some retirees aren’t flying quite as far south anymore for an escape.Take Diana Cawood, who skipped Florida altogether and relocated to North Carolina from New Jersey at the end of 2019.”Florida was not an option,” Cawood told Business Insider, adding that it was important that she be in reasonable driving distance back to New Jersey to see her children and grandchildren.”We can drive back to New Jersey in about nine hours,” she said. “That’s…

After listening to my son try and convince me that he absolutely needed whatever the latest toy was that he was fixated on, I replied with, “That sounds like a want, not a need. You can use your money to buy it.”He told me he didn’t have enough cash. At 6 years old, his only sources of money were birthday gifts and the tooth fairy.In our family, we don’t give money for household chores as we believe it’s everyone’s responsibility to pitch in and complete the tasks that keep a household running. We also don’t give a set allowance.My husband…

Jodie Foster, Billie Perkins, and Robert De Niro perform a scene in Taxi Driver directed by Martin Scorsese in 1976 in New York, New York. Michael Ochs Archives | Moviepix | Getty ImagesIn the dwindling days of the California gold rush, the wife of a local miner faced a problem. Her husband’s denim work pants kept ripping, so her tailor, Jacob Davis, had the idea to add copper rivets to key points of strain, like the pocket corners and the base of the button fly, to keep them from tearing. Davis’ “riveted pants” soon became a roaring success and, unbeknownst to him…

I lost everything in 2007 at the start of the recession. I was just 23 years old and suddenly homeless.First, I lost my job overnight. With no income, I struggled to find a new apartment — just a few days after moving out of my old one. I was left with nothing but my car and a few boxes.Luckily, my girlfriend at the time had a relative who had converted their toolshed into a home. The temporary shelter was a tiny space: rough, bare, and humbling.I remember asking myself one morning as I stood emptying the portable toilet: “What has…

In recent years, multistrategy hedge funds have been on a tear, hoovering up hundreds of billions in assets from investors and watching their staff rosters balloon.One dilemma such firms face: How do you maintain a consistent company culture in the face of a growth spurt?The answer, says Philippe Jordan, president of French hedge fund giant : You don’t.Culture is often mythologized, but, in Jordan’s view, it is the simple byproduct of past shared experiences at its core, and he warns against the impulse to lionize “the good old days.””Nostalgia turns a culture into an artifact, and our culture is dynamic,”…

I spent a lifetime skimping and worrying about my retirement portfolio and savings, and by the time I was 58 in 2020, they were worth $3 million — more than enough to retire and cover healthcare for the rest of my life.Yet, I worried about worst-case scenarios, such as hyperinflation leaving me destitute. So I worked another year. And another.For decades, I’d heard retirement advice encouraging me to “save more!” But no one explained that at some point, I’d need to radically shift my lifestyle and “spend more!”I fixated on saving until an old college classmate died at age 59…

If you’ve searched online for holiday decoration inspiration in the last month, you’ve probably stumbled across the term “Ralph Lauren Christmas.”The phrase refers to holiday decor that takes inspiration from the iconic brand and, at first glance, looks a lot like traditional Christmas decor.However, Ralph Lauren Christmas puts its own spin on decking the halls, and it’s easy to miss the mark when trying to recreate the look.Here’s everything you need to know.’Ralph Lauren Christmas’ is the ‘it’ holiday aesthetic of 2025Interest in “Ralph Lauren Christmas” has skyrocketed in recent months, with Google Searches for the theme spiking from October…

A jury on Friday issued an $11.5 million verdict against the world’s largest HR organization over allegations it had racially discriminated and retaliated against a former employee.The Society for Human Resource Management, known as SHRM, was found liable for racial discrimination and retaliation and hit with a ruling of $1.5 million in compensatory damages and $10 million for punitive damages, according to Ariel DeFazio, a lawyer for the plaintiff.SHRM said it plans to appeal the decision. “Today’s decision does not reflect the facts, the law, or the truth of how SHRM operates,” the trade group said in a statement. “We…