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My dad lived 78 years and worked until he died.I wanted him to retire and relax — to hunt, care for his spaniels, and nap — but he had built his own print shop and wanted it to outlast him, so he went to the office every day. Even when he could no longer drive, my mother chauffeured him.At the time, I didn’t get it. Why not slow down and enjoy his final years?Over a decade after he passed, I retired from teaching and swore I’d take a different path — planning a long, leisurely vacation from responsibility. However, things…

2025-10-22T12:36:02Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. From 1948 to 1952, the White House underwent a complete gut renovation. The building had numerous structural issues that made it unsafe for the Trumans to live in. Archived photos show the massive renovation in progress, similar to Trump’s plan for a new ballroom. When President Harry Truman took…

Sophia Amoruso learned the hard way that founders who tap venture capital and chase ever-higher valuations can get into trouble. She shared five lessons from the rise and fall of her company, Nasty Gal, on the latest episode of “The Burnouts” podcast.Amoruso started selling vintage clothing from her bedroom and built the business into a fast-fashion retailer with over $100 million in annual revenue and more than 200 employees at its mid-2010s peak. Her autobiography, “#GIRLBOSS,” was adapted into a Netflix series.Nasty Gal ran into financial and legal problems, filed for bankruptcy in 2016, and was acquired by British rival…

Walking into a gallery as an art world newbie is likely to be a somewhat humbling experience.Rebekah Bowling, a senior art advisor at Citi who works with ultra-high-net-worth clients in Citi Wealth to manage and build their art collections, knows that it can be “really intimidating” to start buying art. Galleries typically don’t list prices, and new buyers often don’t know much about the artists or shows they’re looking at, she said.Even asking an employee at the desk about the works on display takes some courage.”They, in turn, say, ‘Let me get a director,’ or, ‘Are you a collector? Can…

Visitors are caught in the reflection of a store offering 50% off on all items on the Third Street Promenade in Santa Monica on July 16, 2024. Genaro Molina | Los Angeles Times | Getty ImagesA steady stream of promotions across the fashion industry has left consumers suffering from “discount burnout” ahead of Black Friday and Cyber Monday, according to a new report from consulting firm AlixPartners released Wednesday. The firm surveyed over 9,000 U.S. consumers on their preferences and priorities across 140 retailers and nine fashion sectors. The report found shoppers see price increases as “inevitable,” and cost has become less…

People shop for clothing at a Costco store in Monterey Park, California on November 22, 2022. Frederic J. Brown | Afp | Getty ImagesPrices are rising across the fashion industry – with jackets and outerwear seeing the steepest year-over-year increases, according to a new report from consulting firm AlixPartners published Wednesday. The firm analyzed how much prices have climbed between 2024 and 2025 across nine categories, from swimsuits to dresses. Prices in all of the categories it tracked have risen by an average of $17 year-over-year. Jackets and outerwear saw the largest increase, with prices on average 24% higher, while swimwear saw…

This as-told-to essay is based on a conversation with Tracy Smith, 67, and Clair Mattig-Smith, 42, a mother and daughter who had plans to move from California to Texas for a more affordable and intentional lifestyle. However, they decided to stay in the Golden State after visiting Silverwood, a new affordable living, multigenerational community in Hesperia, where they bought a home earlier this year.Clair: We’re mother and daughter, and we’re both widows. We’re from California originally, but my mom had been living in Arizona for the last couple of years.I didn’t want my mom to be alone there, so a…

Select federal law enforcement officers will see a “super check” in the bank by Wednesday, while most of their colleagues in government are approaching their fourth week without pay during the government shutdown.The Department of Homeland Security plans to pay some employees at Customs and Border Protection, Immigration and Customs Enforcement, Secret Service, and the Transportation Security Administration by October 22. A spokesperson for DHS confirmed to Business Insider that paid employees will include over 70,000 border patrol agents, deportation officers, special agents, and air marshals.”President Trump and I will always stand by law enforcement, and today we are keeping…

Global businesses are forecast to spend $160 billion on marketing technology — or martech — this year, and roughly $215 billion by 2027, McKinsey estimates. So it must be helping these companies make boatloads of money, right?No one really knows.McKinsey recently surveyed 233 senior global marketing and technology leaders who each invest more than $500,000 annually in martech and adtech tools and services. As part of the study, published on Tuesday, the consultancy conducted in-depth interviews with 50 senior Fortune 500 marketers. There was a clear trend: Not one could clearly articulate how they were quantifying the return on investment…

In Swifties, Netflix trusts.Netflix co-CEO Ted Sarandos said during Tuesday’s earnings call that the company isn’t worried about vying for more eyeballs in the age of AI-generated content, drawing an analogy to music and Taylor Swift’s popularity.”If music is a leading indicator of all this — AI-generated music has been around for a long time, and there’s a lot of it, and it’s a pretty small part of total listening,” Sarandos said. “And established artists like Taylor Swift continue to be more popular than ever. So even in a world filled with AI music, AI seems to be mostly a…