Bloglikes - Business https://www.bloglikes.com/c/business en-US Fri, 23 Jul 2021 19:47:37 +0000 Sat, 06 Apr 2013 00:00:00 +0000 FeedWriter Janet Yellen says Treasury is prepared to pay the US's bills to prevent 'irreparable harm' to the economy as GOP balks at raising debt ceiling http://feedproxy.google.com/~r/typepad/alleyinsider/silicon_alley_insider/~3/STJzmmxkzwE/janet-yellen-debt-ceiling-mcconnell-treasury-prepared-to-pay-republicans-2021-7 Senate Minority Leader Mitch McConnell and Treasury Secretary Janet Yellen.

Alex Wong/Getty Images; Greg Nash/Getty Images

  • Yellen said Treasury is prepared to pay off the country's bills starting August 2.
  • It comes as McConnell opposes raising the debt ceiling without political concessions.
  • Yellen said even the threat of a default risks major damage to the US economy.
  • See more stories on Insider's business page.

Treasury Secretary Janet Yellen sent a letter to Congress urging lawmakers to renew the federal government's ability to pay off its debt ahead of a major deadline, warning that failing to do so in a timely manner risks major damage for average people and the economic recovery.

Republicans led by Senate Minority Leader Mitch McConnell are balking at raising the debt limit without ensuring spending cuts from Democrats. He suggested earlier this week that Democrats would have to do it on their own with no GOP support.

In the letter, Yellen said the US will hit its statutory debt limit on August 1. The next day, she said Treasury is prepared to take "certain extraordinary measures" to pay the country's outstanding bills and prevent a default that could ripple through the global economy.

"Failure to meet those obligations would cause irreparable harm to the economy and the livelihoods of all Americans," Yellen wrote on Friday to House Speaker Nancy Pelosi. She noted that raising the debt ceiling doesn't prompt more federal spending, it only authorizes the government to pay what it already owes.

Yellen underscored the potential damage that even the threat of a default could have on the economy. She cited a 2011 showdown between Obama and House Republicans that led to the first-ever credit downgrade of US debt. Yellen also said it's hard to predict when Treasury would exhaust its ability to pay off the US's bills on its own.

On Wednesday, the nonpartisan Congressional Budget Office forecasted Treasury would "probably" run out of cash sometime in October or November.

Republican opposition is hardening now that President Joe Biden sits in the White House. In July 2019, they voted to suspend the borrowing limit for two years under President Donald Trump.

A default from the federal government could precipitate a chain reaction of cash shortages, starting with US bondholders that include people, businesses, and foreign governments. Democrats insisted this week they wouldn't allow the GOP to use the debt ceiling as a political weapon.

"We'll handle our business," Sen. Brian Schatz of Hawaii, a cosponsor of a bill to abolish the debt ceiling, told Insider on Wednesday. "This is something the Hill freaks out about every year or so. We will not negotiate over it, we will not concede anything and we won't fail to do our job."

The Biden administration is pushing lawmakers to raise the debt ceiling ahead of the August 2 deadline.

"We certainly expect Congress to act in a bipartisan manner as they did three times under the prior administration to raise the debt limit," White House Press Secretary Jen Psaki said Friday.

Read the original article on Business Insider

[Author: jzeballos@businessinsider.com (Joseph Zeballos-Roig)]

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Fri, 23 Jul 2021 15:06:05 +0000 BlogLikes - Find Most Popular Blogs Obama Congress Senate White House US Trends Joe Biden Democrats Gop Hawaii House Treasury Mitch McConnell Janet Yellen Nancy Pelosi Biden Donald Trump Yellen Hill McConnell White House Press Sen Brian Schatz Jen Psaki Joseph Zeballos Roig Janet Yellen Alex Wong Getty Greg Nash Getty Congressional Budget Office forecasted Treasury
SCOTT GALLOWAY: Bezos' Blue Origin trip was an empty-calories honor for an 'egonaut,' not an astronaut http://feedproxy.google.com/~r/typepad/alleyinsider/silicon_alley_insider/~3/p2DAVWKrEyw/scott-galloway-bezos-blue-origin-flight-glimpse-prime-space-future-2021-7 Jeff Bezos walks with Lauren Sanchez ahead of Blue Origin spaceflight.

Joe Raedle/Getty Images

  • Scott Galloway is a bestselling author and professor of marketing at NYU Stern.
  • The following is a recent blog post, republished with permission, that originally ran on his blog, "No Mercy / No Malice."
  • In it, Galloway shares why he thinks Jeff Bezos' Blue Origin flight wasn't the milestone it's chalked up to be.
  • See more stories on Insider's business page.

Ever since the first tribe walked out of the Great Rift Valley and crossed the Sinai into Asia, humans have been explorers. We've crossed continents, then oceans, and in the 20th century, left Earth itself. There's glory in our species' expansive nature, and as the TV show says, space is the final frontier. However, Jeff Bezos is not my astronaut.

I felt more disdain than wonder watching Richard Branson's joyride and Jeff Bezos's soulless flight to the Kármán Line.

Everybody gets a "For All Mankind" trophy

There was no ground broken here. In 1903, the Wright Brothers completed the first powered flight. In 1961, Yuri Gagarin was the first human in space. In 1969, Neil Armstrong was the first human on the moon. Those are milestones worthy of celebration. In 2004, Burt Ratan's Scaled Composites carried the first people into space on a privately built spacecraft - a milestone of sorts.

What was accomplished on July 11 (Branson) and 20 (Bezos)? Well, one of Bezos' passengers, Wally Funk (great name), became the oldest person ever in space. After the flight, she reminded us that when you're 82 you have zero fucks to give. She was disappointed in both the view and the length of the flight, and she found the cabin insufficiently spacious for the "rolls and twists and so forth" she wanted to do.

Another of Bezos' passengers became the youngest person ever in space. This sounds like something, except that he bought his way onto the flight - actually, his father, a private equity billionaire, paid for the recent high school graduate's estimated $28 million ticket. My youngest has been acting up (if "acting up" is terrorizing all of us - he ​constantly assesses the household for weaknesses and then makes brazen attacks on his older brother and anything resembling domestic harmony). I don't have any idea how to deal with this, so I bought him a $1,000 iPad. His mother told me I was sending the wrong message. I reminded her that the message could have been 28,000 times worse. So, there's that.

Blue Origin's reusable rocket is a real technological achievement, but that was news … back in 2015. None of the July "astronauts" were even the first space tourists. That empty-calories honor belongs to Dennis Tito, who paid $20 million for a ride on a Russian rocket in 2001. And Tito spent a week in space, living on the International Space Station - the equivalent of nearly a thousand 11-minute trips on Blue Origin.

Astronauts, my ass. Apollo 11 and Columbus travelled 240,000 and 3,000 miles to reach the moon and Caribbean, respectively. New Shepard 4 traveled 0.026% of the way to the moon. Put another way, on Tuesday we watched a man plant a flag three feet up from base camp at Mt. Everest and expect to be knighted. This weekend, I'll be in Montauk. I plan to swim a half-mile from shore (I can do this) and declare I've discovered Spain.

It's his money, and he has the right to spend it on what he wants. But if Mr. Bezos was genuine about doing something more than crashing a canary yellow T-top Corvette into a Bosley for Men franchise, he could raise the minimum wage at his firm to $20/hour.

Egonauts

In addition to vanity projects for billionaires, these pseudo-events were advertisements, promotions for the brands prominently displayed throughout the breathless television coverage.

But advertisements for what? Human exploration is about the future, and space exploration is a long bet on a very distant tomorrow. What kind of future will the billionaire space race promote? One clue: After his flight, Bezos said, "I want to thank every Amazon employee, and every Amazon customer, because you guys paid for all this."

He's right. We did pay for it. Eighty-two of American households are Prime members, and the company has 1,298,000 employees. We also paid for the Apollo program, of course, only there's a difference. To put Neil Armstrong on the moon, we paid taxes, and elected representatives to decide how to spend them.

In the 52 years between Armstrong's July accomplishment and the Branson/Bezos "accomplishments," the United States has radically restructured its economy. Specifically, we've handed it over to billionaires. Now, rather than paying taxes, we pay for our Prime memberships. Instead of NASA, we fund Blue Origin. We've elected people who defund NASA so businessmen can lead us to new frontiers instead of test pilots and physics PhDs.

Historically, astronauts were the best and the brightest. The pioneers of the 1960s were war heroes and accomplished pilots who combined physical skill and courage with crisp engineering minds. Neil Armstrong, a legend among test pilots, flew more than 900 different types of planes before leaving the Earth in July 1969. When the Lunar Module's computer conked out on final approach, he manually piloted the craft to the moon's surface. Those that followed, in the Space Shuttle and aboard the International Space Station, were scientists and engineers of distinction.

"Astronaut" used to connote something noble, something that cemented the best of what it meant to be American: Men and women of exceptional capabilities and unremarkable origins. Armstrong was the second person in his family to attend college, and his father was a state government bureaucrat. John Glenn's parents were a plumber and a teacher. Sally Ride, the first American woman in space, was a PhD physicist; her father was a community college professor, and her mother volunteered as a prison counselor. Former NASA Chief Astronaut Peggy Whitson, a PhD biochemist who spent more time in space than any other American (665 days), grew up on a farm in Iowa. (Kudos to the FAA, which, just before Bezos took off, issued a new policy requiring that a space crew member actually contribute to the mission before receiving astronaut "wings.")

In the Prime Space future, we won't have astronauts, we'll have egonauts.

The problems of the Prime Space future go deeper than who gets to ride Jeff's cocket to the Kámán Line. An ever-expanding array of technological innovations, businesses, and services fall under the rubric of "space."

One of the earliest and still most important benefits of space exploration was the Global Positioning System. It's hard to overstate the importance of GPS, which is foundational to our mobile economy. GPS was born of a US Department of Defense project in 1973; it continues to be run by the DoD, which makes it freely available to all users.

Bezos and Elon Musk are launching thousands of satellites over the next several years to enable their Kuiper and Starlink systems. There's a lot to celebrate about these projects, which promise broadband internet for remote and underserved regions. But do we want Bezos and Musk - or shareholders in their companies - to control that access? With the number of satellites projected to grow from 3,000 to 50,000, space hauling will be an enormous business.

Bezos dreams of moving pollutive manufacturing to space, which seems both insane and amazing. Musk wants to build a colony on Mars, which seems more like space execution than exploration. But as humanity expands to become a space-faring species, who should control who gets to go and what we do up there? To whom do the benefits of all this technological innovation flow?

I know two things about Blue Origin. One, Amazon's customers and employees paid for it, just like Bezos said. Two, the commonwealth may register progress, but there will be less public spillover from the technology and an increase in private capture. Imagine the tax avoidance that will occur in space, where nobody can hear the IRS scream.

The counterweight to market externalities is democracy. And a democracy that cedes ownership of its future to a winner-take-all market will lose control of that future. Democracy acts through governments (and taxes), whether we like it or not.

The right stuff

While Bezos was high-fiving his employees after his jaunt into space, NASA scientists were working on projects for all mankind. The Perseverance rover on Mars has its own drone, which is sending back amazing pictures. In November, NASA, along with the European and Canadian space agencies, will launch the James Webb Space Telescope, the successor to the Hubble; under development since 1996, it promises to advance human knowledge about the formation of the universe and the origins of life.

It's unlikely these projects will attract any venture capital money or support a SPAC. Private space projects might be dressed up as achievements for humanity, but their aim is to return capital to shareholders. And when that's the criteria, the astronauts and their efforts become limited in scope.

Mach-3 train wreck or galactic ATM

Whatever you think of space travel as a human endeavor, space tourism is an awful business. Even assuming all goes well, it makes no sense. These are vanity projects, and the only people that will make money from them will be the early investors … who bail out before impact.

Most businesses are either demand constrained (the market for its product is limited) or supply constrained (it can't make enough of its product). Virgin manages to be both. To meet its profit targets, it has to sell about 3,100 tickets per year at a whopping $400,000 each, a 60% increase from the current price. After an ad the entire world saw, the product has a waiting list of … 600 people. My Brand Strategy class at Section4 has 1,500 people, and there's dramatically lower odds you're going to blow up in your chair.

But even if there were an annual demand from 3,100 people willing to pay that fee, to supply the spaceflights, Virgin would have to make two flights per day, every day, without mishap. So far in all of 2021, it has flown … twice. The true addressable market for space tourism is zero. It's the mother of all product-market mismatches. By comparison, Google Glass and Cheetos-Flavored Lip Balm (an actual thing) were on point. Virgin Galactic may achieve great things, but the stock (Nasdaq: SPCE) is a Mach 3 train wreck.

The worst-case, and most likely, scenario? Death. Rockets to space are controlled explosions of thousands of gallons of flammable material. Re-entry is a high-speed fall into the searing heat of friction. Virgin Galactic has already lost one pilot, Michael Alsbury, who died when his SpaceShipTwo craft broke apart in the atmosphere. Five hundred and ninety people have headed into space, and 19 have not returned, meaning space travel is more dangerous than base jumping. A space tourism fatality is a question of when, not if. Exploration and innovation are worth risks, even to human life. Floating weightless for 300 seconds is not.

Richard Branson understands these risks. Last May he sold $500 million of his Virgin Galactic stock, and this April he sold another $150 million, trimming his holding to less than 25% of the company. He was able to make both sales because he took the company public in 2019 via a SPAC controlled by former Facebook employee Chamath Palihapitiya. Who also shed his entire personal stake in the company back in March. Billionaires vote with their wallets, and the two largest shareholders believe their capital will achieve greater returns elsewhere.

Sally Ride

One of 35 people selected from 8,000 applications, after receiving a PhD in Physics, Ms. Ride spent 843 hours in space aboard the Space Shuttle Challenger, where she was charged with operating the robotics arm ("Canadarm"). I wonder if, when peering down at Earth 300 miles below, she registered satisfaction from her hard work, or the reward of pursuing greatness in the agency of others. Was it freeing to be in space, on a craft judged only by her skills and character? I don't know. What I am certain of is that Mission Specialist Sally Kristen Ride is a United States Astronaut and went to space for all mankind.

Read the original article on Business Insider

[Author: insider@insider.com (Scott Galloway)]

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Fri, 23 Jul 2021 15:05:25 +0000 BlogLikes - Find Most Popular Blogs Amazon Facebook Asia Elon Musk Trends Spain Nasa Earth United States Virgin Galactic Google Glass Virgin Richard Branson Mars Jeff Bezos Faa James Webb Space Telescope Columbus Branson Caribbean Irs Corvette Neil Armstrong Musk Us Department Of Defense Chamath Palihapitiya Mach Nyu Yuri Gagarin Wright Brothers Jeff SPAC Bezos Tito Galloway John Glenn Armstrong New Shepard Bezos Blue Origin Jeff Bezos Blue Origin Mt Everest Great Rift Valley Sally Ride Scott Galloway Bosley Michael Alsbury Joe Raedle Getty StarLink Branson Bezos Dennis Tito Sally Kristen Ride Peggy Whitson Wally Funk Lauren Sánchez Burt Ratan Iowa Kudos My Brand Strategy
Former Trump inaugural chairman Tom Barrack's bond set at $250 million by federal judge http://feedproxy.google.com/~r/typepad/alleyinsider/silicon_alley_insider/~3/VhKTIENibvQ/trump-ally-tom-barrack-bond-set-at-250-million-2021-7 Former Trump Inaugural Committee chairman Tom Barrack speaks at at a pre-Inaugural "Make America Great Again! Welcome Celebration" at the Lincoln Memorial in Washington, Thursday, Jan. 19, 2017

AP Photo/David J. Phillip

  • A federal judge set financier and former Trump ally Tom Barrack's bond at $250 million.
  • Barrack is charged with illegal foreign lobbying, making false statements, and obstruction.
  • Barrack must wear an ankle bracelet, observe a curfew, and not spend more than $50,000 at a time.
  • See more stories on Insider's business page.

A federal judge set the bond for Tom Barrack, a prominent financier and former ally of former President Donald Trump, at $250 million during a Friday hearing.

US Magistrate Judge Patricia Donahue stipulated that Barrack must wear an ankle bracelet and cannot spend more than $50,000 at a time as conditions of this bond. The hearing follows Barrack's Tuesday arrest by federal agents in California.

-Christina Wilkie (@christinawilkie) July 23, 2021

Earlier this week, federal prosecutors charged Barrack and two co-defendants, Matthew Grimes and Rashid Sultan Rashid Al Malik Alshahhi, with one count of acting as an unregistered foreign agent and one count of conspiring to act as an unregistered foreign agent each.

Barrack was also charged with one count of obstruction of justice and four counts of lying to the FBI.

Barrack and Matthew Grimes are set to appear in federal court in Brooklyn, where they are charged, to enter their pleas at noon on Monday.

"Mr. Barrack has made himself voluntarily available to investigators from the outset," a representative for Barrack told Insider upon his arrest. "He is not guilty and will be pleading not guilty."

Read more: 3 things to know about Tom Barrack, the real-estate titan and Trump associate charged with illegal lobbying on behalf of the United Arab Emirates

Barrack made his name as a successful commercial real estate investor and executive chairman of Colony Capital. He first became friends with Trump through the real estate business in the mid-1980s, and went on to serve as the chairman of Trump's 2017 inaugural committee. He is the eighth former official in the Trump 2016 presidential campaign, transition, and administration to be indicted on federal charges.

Barrack is accused of violations of the Foreign Agents Registration Act, or FARA, by lobbying on behalf of the United Arab Emirates. Prosecutors say Barrack and the co-defendants used Barrack's high-level connections to heavily lobby on behalf of the UAE without properly registering themselves as foreign agents with the Department of Justice.

"The defendants repeatedly capitalized on Barrack's friendships and access to a candidate who was eventually elected President, high-ranking campaign and government officials, and the American media to advance the policy goals of a foreign government without disclosing their true allegiances," Acting Assistant Attorney General Mark Lesko of the DOJ's National Security Division said in a news release.

Alshahhi, a UAE national, is currently at large and has not yet appeared in court.

Read the original article on Business Insider

[Author: gpanetta@businessinsider.com (Grace Panetta)]

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Fri, 23 Jul 2021 15:03:18 +0000 BlogLikes - Find Most Popular Blogs Politics Law California Washington US Trends Brooklyn Department Of Justice Donald Trump Doj Uae Trump Lincoln Memorial Christina Wilkie Barrack David J Phillip Tom Barrack National Security Division Trump Inaugural Committee Patricia Donahue Grace Panetta Mark Lesko Matthew Grimes Rashid Sultan Rashid Al Malik Alshahhi Alshahhi FBI Barrack United Arab EmiratesBarrack United Arab Emirates Prosecutors
Apple Music’s lossless and spatial audio comes to select Android phones http://feedproxy.google.com/~r/digitaltrends/~3/FJUD4gxbzII/ ]]> Fri, 23 Jul 2021 14:51:33 +0000 BlogLikes - Find Most Popular Blogs Apple Android Mobile Trends Home Theater Apple Music Spatial Audio Lossless Audio Dolby Atmos Music Best Buy is practically handing out Fitbit smartwatches today http://feedproxy.google.com/~r/digitaltrends/~3/9Smw9i1-M84/ ]]> Fri, 23 Jul 2021 14:50:09 +0000 BlogLikes - Find Most Popular Blogs Deals Mobile Fitness Tracker Trends Health & Fitness Fitbit deals Health And Fitness Deals Mobile Deals Best Buy 2021 Fitbit Charge 4 deals Fitbit Sense Deals Fitbit Versa 3 Deals Churchill Capital shareholders approved the SPAC's merger with Lucid Motors after CEO Michael Klein appealed directly to retail investors http://feedproxy.google.com/~r/typepad/alleyinsider/silicon_alley_insider/~3/Jq8tbAASbNU/churchill-capital-shareholders-approve-spac-merger-lucid-motors-cciv-2021-7 Lucid Motors plans to go public in a $24 billion tie-up with a SPAC

MediaNews Group/Bay Area News via Getty Images

  • Churchill Capital Corporation IV is set to close on its merger of EV start-up Lucid Motors on Friday.
  • The closing of the merger was delayed earlier this week after not enough shareholders had cast a vote on the deal.
  • It took a personal appeal to retail investors from Churchill chairman Michael Klein to get approval.
  • Sign up here for our daily newsletter, 10 Things Before the Opening Bell.

Shareholders of Churchill Capital Corporation IV approved its merger with EV start-up Lucid Motors following a personal appeal by Churchill chairman Michael Klein to retail investors using trading apps like Robinhood.

The merger deadline was extended on Thursday after not enough shareholders had voted.

"We welcome all of the new shareholders," Klein said in an investor call on Thursday. "However, we need you to participate in the election process. In particular, if you are participating from the new trading platforms, the new apps that may not necessarily be directing you clearly to a voting service, we need your vote," Klein said, adding that it "literally takes one minute."

Churchill Capital has been a popular SPAC stock with retail investors, but it is likely less so after falling 63% from its mid-February peak of $64.84. The SPAC was often a top-mentioned name on Reddit's Wall Street Bets forum.

Klein also said that e-mail spam filters could have played a role in so few shareholders participating in the scheduled vote and approving the deal on time.

"It should have been mailed or emailed to all stockholders. I know this is technical. And I know that some of those emails may have gone into your spam folder or otherwise. But it's critical and important to vote and to have the tools to vote," Klein said. "I need to remind you to check your emails, and check your spam emails."

Ultimately, 98% of votes cast were in support of the proposed merger between Churchill and Lucid. Shares of the company were up as much as 7% in Friday trades.

Lucid Motors will delist from the New York Stock Exchange and trade on the Nasdaq under the symbol "LCID" beginning on July 26.

Churchill Capital stock chart

Markets Insider

Read the original article on

[Author: mfox@businessinsider.com (Matthew Fox)]

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Fri, 23 Jul 2021 14:44:15 +0000 BlogLikes - Find Most Popular Blogs Trends Reddit New York Stock Exchange Churchill SPAC Michael Klein Klein Matthew Fox Lucid Motors Churchill Capital SPAC MediaNews Group Bay Area News Getty Images Churchill Capital Corporation IV
Growth marketing roundup: TechCrunch Experts, creative testing and how to nail your narrative http://feedproxy.google.com/~r/Techcrunch/~3/a_Oq655kb-g/ “It’s about focusing on the metric that directly reflects the value that your company and products bring to your customers,” growth marketer Maya Moufarek told us in an interview for one of our most popular marketing articles of the week. “For Airbnb, that may be the number of nights booked; for Spotify, minutes listened to. It’s all about simplifying your strategy into something that is digestible, memorable and applicable.”

In the interview, Moufarek speaks about the importance of Sean Ellis’ North Star metric, how she audits her clients, brand building and more.

Help TechCrunch find the best growth marketers for startups.

Provide a recommendation in this quick survey and we’ll share the results with everybody.

Marketing Cube founder Maya Moufarek’s lessons for customer-focused startups: Founder of growth consultancy Marketing Cube Maya Moufarek joins Miranda Halpern for an interview as part of the TechCrunch Experts series. Moufarek shares her advice for startups and explains why there’s no one-size-fits-all approach to marketing.

In growth marketing, creative is the critical X factor: Self-proclaimed “growth marketing nerd” and current Uber growth team member Jonathan Martinez breaks down how to be successful with creative testing. Martinez discusses how to do this when faced with the current privacy restrictions.

(Extra Crunch) Susan Su on how to approach growth as your startup raises each round: Managing Editor Eric Eldon recaps growth marketing expert Susan Su’s talk from TechCrunch Early Stage: Marketing & Fundraising. Su goes through a sample qualitative growth model and the importance of always having a growth team.

: Senior Editor Matt Burns recaps Caryn Marooney’s talk from TechCrunch Early Stage: Marketing & Fundraising. Marooney, current VC and former communications expert, touches on her RIBS method — read the article to find out what it stands for and how to apply it to your own narrative.

(Extra Crunch) Greylock’s Mike Duboe explains how to define growth and build your team: Editor Lucas Matney breaks down the TechCrunch Early Stage: Marketing & Fundraising presentation from early-stage speaker Mike Duboe, partner at Greylock. This talk is split into 10 key points about growth, including tips on prioritizing retention, hiring for growth and more.


If you haven’t already, please fill out our ongoing growth marketing survey. We’re using these recommendations of top-tier growth marketers around the world to shape our editorial coverage.

Marketer: Illia Termeno, founder of Extrabrains

Recommended by: Anonymous

Testimonial: “T-shaped expertise with focus on strategy and long-term ROI.”

Marketer: Adam DuVander, EveryDeveloper

Recommended by: Karl Hughes, Draft.dev

Testimonial: “In addition to writing a book on developer marketing, Adam draws from deep experience as a developer and developer advocate to make sure his clients set a winning strategy in motion.”

Marketer: Jonathan Metrick, Portage Ventures

Recommended by: Matt Byrd

Testimonial: “Jonathan was truly transformative at Policygenius. Prior to his arrival, we were running a smart but disjointed marketing effort. Our messaging was inconsistent, and our approach to understanding channel efficacy was weaker than it could have been. Jonathan brought a growth mindset to the team, and built a hypereffective org in a short amount of time.”

Susan Su on how to approach growth as your startup raises each round

]]> Fri, 23 Jul 2021 14:41:06 +0000 BlogLikes - Find Most Popular Blogs Startups TC Marketing Tech SU Experts Greylock Lucas Matney Eric Eldon Jonathan Martinez Adam Matt Burns Sean Ellis Jonathan Martinez Caryn Marooney Karl Hughes Susan Su Growth Marketing Verified Experts Mike Duboe Miranda Halpern Maya Moufarek Moufarek EC Growth Marketing Adam DuVander EveryDeveloper Jonathan Metrick Portage Ventures Matt Byrd Testimonial Biden wants to hear the public's stories about the student loan forgiveness program for public servants with a 98% denial rate http://feedproxy.google.com/~r/typepad/alleyinsider/silicon_alley_insider/~3/rAud10RLsNM/public-service-loan-forgiveness-program-student-debt-biden-education-department-2021-7

Suzanne Kreiter/The Boston Globe via Getty Images

  • The Education Dept. is launching a public inquiry on the Public Service Loan Forgiveness program.
  • The program, which is supposed to forgive student debt for public servants, rejects 98% of applicants.
  • Anyone can submit comments which the department will consider when implementing improvements.
  • See more stories on Insider's business page.

If the Public Service Loan Forgiveness (PSLF) program worked as it should, then every qualifying public servant would be able to receive student debt relief after 120 qualifying monthly payments. But complicated paperwork and eligibility requirements have made it so that 98% of applicants have been denied relief, even if they qualify.

That's why, on Friday, the Education Department launched a public inquiry to fix the program.

"Unfortunately, for too many public service workers, the program has not functioned the way they hoped it would," Julie Margetta Morgan, senior advisor and acting under secretary for the Office of the Under Secretary of Education, wrote in a blog post.

"Fixing the PSLF Program has been a priority for the Biden-Harris Administration since day one," she added. "While we have identified many opportunities for improvement by talking to experts and borrowers and reviewing our procedures, we want to hear from you as well."

President Joe Biden campaigned on reforming PSLF following its high denial rate under President Donald Trump, and fixing the program was even included in the Education Department's regulatory agenda that was released last month. But implementing changes to the program could take at least a year, and the public inquiry would help the department more easily identify the problems it needs to fix.

Starting next week, anyone can submit comments to the department regarding PSLF, and the department specifically wants to know:

  • What features of PSLF are most difficult to navigate?
  • What barriers are preventing public servants from receiving student loan forgiveness under PSLF?
  • For borrowers who have had loans other than from the Direct Loan program, what have your experiences been trying to access or participate in PSLF?

Many Democratic lawmakers have stressed the need to reform the program to give public service workers the student debt relief they deserve. In May, 56 Democrats sent a letter to Biden urging him to quickly reform the program and eliminate the "extraordinary confusion" it places on borrowers.

They wrote: "The program has been beset by numerous 'donut holes' that disqualify certain types of loans, repayment plans and the payments themselves, leading to extraordinary confusion and distrust of the PSLF program and, by extension, the federal government."

Seth Frotman, executive director of the Student Borrower Protection Center - which advocates for borrowers' rights - said in a statement that the move by the Education Department to launch a public inquiry "offers hope for public service workers who have been let down and cheated out of promised debt forgiveness."

"For the first time, the federal government is asking those who depend on the program to help decide what comes next," he said.

Read the original article on Business Insider

[Author: asheffey@businessinsider.com (Ayelet Sheffey)]

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Fri, 23 Jul 2021 14:31:16 +0000 BlogLikes - Find Most Popular Blogs Trends Joe Biden Biden Donald Trump Boston Globe Education Department Public Service Loan Forgiveness Public Service Loan Forgiveness PSLF PSLF Suzanne Kreiter Seth Frotman Biden Harris Administration Ayelet Sheffey Student Borrower Protection Center Getty Images The Education Dept Julie Margetta Morgan Office of the Under Secretary of Education PSLF?Many Democratic
How to watch the Intel Accelerated event and what to expect http://feedproxy.google.com/~r/digitaltrends/~3/KyMLmajMezs/ ]]> Fri, 23 Jul 2021 14:27:33 +0000 BlogLikes - Find Most Popular Blogs News Trends Intel Computing Intel 10nm Chip Production Alder Lake Meteor Lake Intel 7nm Cpu Intel Accelerated The Galaxy S21 FE may not launch at Unpacked after all http://feedproxy.google.com/~r/digitaltrends/~3/kHOHrYEP3cQ/ ]]> Fri, 23 Jul 2021 14:20:10 +0000 BlogLikes - Find Most Popular Blogs Android Mobile News Samsung Trends Samsung Unpacked Samsung Galaxy S21 FE Samsung Galaxy Unpacked August 2021 Didi has fallen a stunning 52% since its US IPO as China's crackdown pummels the ride-hail giant http://feedproxy.google.com/~r/typepad/alleyinsider/silicon_alley_insider/~3/w86ZjeEMcKQ/didi-stock-price-us-ipo-china-cybersecurity-regulation-rlx-2021-07 FILE PHOTO: The logo of Didi Chuxing is seen at a Didi station in Beijing

Reuters

  • Didi is vying for China's worst US IPO this year as its stock has lost more than half its value.
  • Not long ago, Didi was eyeing a $70 billion valuation. Less than a month from its debut, it is now worth less than $40 billion.
  • Didi has been spared the title of worst IPO this year by RLX Technology, a vaping company that has fallen 78%.
  • See more stories on Insider's business page.

Didi is vying for China's worst US IPO this year as the besieged ride hailing company's stock has lost more than half its value.

Compared to the market open price on the day of its IPO, Didi has crashed as much as 52.1% on Friday. The company's IPO listing price was $14, but the stock opened at $16.65 on its first day of trading. It now sits around $8, having fallen 31% this week alone.

Not long ago, Didi was eyeing a $70 billion valuation. Less than a month from its debut, it is now worth less than $40 billion.

That was the second-worst US listing for a Chinese company so far this year, of which there have been 37, according to Bloomberg. Didi edged out Full Truck Alliance, the so-called Uber for trucks that went public a week before Didi, which has lost 50.5% since its market open.

Both companies have been casualties of China's rapidly enveloping cybersecurity probe. They have been barred from registering new users as the cyber ministry digs into alleged data-privacy risks for Chinese users.

Still, Didi has been spared the title of worst IPO this year by RLX Technology, a vaping company that has been buffeted by planned regulations to rein in China's exploding e-cigarette usage. RLX has collapsed nearly 78% and is trading at less than $5 after debuting at $22 in February and peaking at $30.

Didi was trading at $8.04 as of 1:54 p.m. ET, down 21.2% so far on Friday.

Read the original article on Business Insider

[Author: ewu@insider.com (Ethan Wu)]

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Fri, 23 Jul 2021 14:18:12 +0000 BlogLikes - Find Most Popular Blogs China Ipo US Trends Markets Cybersecurity Beijing Didi Chinese company Didi Chuxing Full Truck Alliance MI Exclusive Bloomberg Didi RLX Technology Ethan Wu Reuters Didi IPO Didi
SOSV partners explain how deep tech startups can fundraise successfully http://feedproxy.google.com/~r/Techcrunch/~3/PI8G4zIlZAE/ Startups developing so-called deep tech often find it challenging to raise capital for various reasons. At TechCrunch Early Stage: Marketing and Fundraising, two experienced investors spoke on the subject and advised startups facing a challenging fundraising path.

Pae Wu and Garrett Winther are both partners at SOSV and run the fund’s programs around biotech and hardware. SOSV doesn’t shy away from startups building complex technology, and because of this, Wu and Winther are well placed to advise on fundraising. They presented three key points targeting startups fundraising for deep tech applications, but the points are applicable to startups of any variety.

Before giving advice, the two acknowledged the nuances across the deep tech ecosystem and each industry. Their presentation is focused on general guidance applicable to nearly every startup.

Finding the right investor

The first point on Wu and Winther’s presentation sounds a bit self-serving but is based on solid advice. When building a deep tech startup, find the right investor, they said. This is general advice for startups, but according to these two, it’s even more important when building a company that might take longer for the investor to see a return.

In deep tech, it’s essential to think about founder-investor fit. And what we mean by this is understanding why an investor is even in VC in the first place. And what it is that’s driving you, the founder, to do what you do.

And so we look at this fit as a Venn diagram between founders who have a near maniacal devotion to wanting to solve a core systemic problem and investors that thrive on the unique risk profile that comes in deep tech. Because with deep tech, we’re talking about both technical risk, where maybe that insight that is core to the company merely proves that we’re no longer having to break any laws of physics to do whatever it is you’re trying to do. So there’s a big technical risk. (Timestamp: 6:09)

We, as investors, love to see methodical founders who can see the first step that will converge at the right moment of technical and business milestones.

Set obtainable goals

Breakthrough technology hardly came from sudden breakthroughs. As explained in this presentation, it’s critical to set obtainable goals that lead to the desired outcome.

]]> Fri, 23 Jul 2021 14:17:25 +0000 BlogLikes - Find Most Popular Blogs Startups TC Entrepreneurship Events Tech Fundraising Venture Capital Business Incubators SOSV Wu Winther Deep Tech Garrett Winther Early Stage 2021 EC TechCrunch Early Stage Sling TV is the cheapest way to watch the Olympics without cable http://feedproxy.google.com/~r/typepad/alleyinsider/silicon_alley_insider/~3/X275GhGSAZk/how-to-watch-olympics-sling-tv When you buy through our links, Insider may earn an affiliate commission. Learn more.

Everything you need to know about SlingTV 2x1 Sling TV is giving all subscribers free access to the Olympic Channel during Tokyo 2020.

Alyssa Powell/Business Insider

  • If you want to watch the Olympics without cable, Sling TV is one of your cheapest options.
  • New subscribers can get their first month of Sling's Blue plan for just $10 (normally $35/month).
  • NBC, NBCSN, and USA are all included on Sling Blue, and the Olympic Channel is free through August 8.
Table of Contents: Masthead Sticky TV (small)

The Tokyo 2020 Olympics have arrived, and if you're looking for a way to watch the games without signing up for a pricey cable service, Sling TV is offering special deals for new and returning subscribers throughout the Olympics.

New Sling TV subscribers can get their first month of Sling Blue for just $10 - a $25 discount from the full $35/month price. Sling TV is also making the Olympic Channel and NBC Universo free to all subscribers. Those channels usually require additional packages for an extra fee. The Olympic Channel is free through August 8, while Universo is free through September 5.

Certain Olympic events will air on CNBC, which costs $6 with Sling's news extra package. If you're interested in watching Olympic golf, you'll have to add the sports extra package for the Golf Channel.

All together, new Sling TV subscribers can get every channel needed to watch the Olympics for $27 during their first month of service, while current subscribers will pay $52.

How to watch the Olympics on Sling TV

To watch all of NBC's coverage of the Olympics on Sling TV you'll need to sign up for Sling Blue, the Sling news extra package, and Sling's sports extra package. This will get you live TV access to NBC, NBC Sports, USA, CNBC, the Olympic Channel, the Golf Channel, and NBC Universo.

Sling Blue costs $35/month. New members can get their first month for $10. Sling's news extra package costs $6/month, and the sports extra package costs $11/month. This brings the total price to $27 for new members for their first month, or $52 a month for existing members.

Access to NBC will be based on your local affiliate station and support is only available in select markets. You can check whether your local NBC network is available on Sling here.

Sling Blue comes with 50 hours of DVR space to record live TV, and up to three devices can watch at the same time with a single account. The Sling TV app is available on most streaming TV platforms, including Roku, Apple TV, Amazon Fire TV, Android devices, and Chromecast. You can also download the app on LG and Samsung smart TVs, and Xbox consoles. On your phone or computer you can watch Sling via Sling.com.

TV (small) What else can I watch on Sling TV?

Sling TV Blue, the package needed for Olympic networks like NBC Sports and USA, offers a wide range of live TV channels, including the NFL Network, TNT, the Food Network, Comedy Central, and the Fox family of networks.

Sling features on-demand content like movies and classic TV shows from select channels as well. You can find a full breakdown of Sling TV channels and packages here.

Other ways to watch the Olympics

If you have a pay-TV provider with access to NBC's various channels, you can use your account information to stream every Olympic event online via the NBC Sports app or the NBCOlympics website. You can also visit NBCOlympics.com to view the daily Olympics schedule with specific channel information for each event.

NBC's streaming service, Peacock, will also feature daily highlights, docuseries, and commentary for free. Peacock is available on iOS and Android devices, Roku, Amazon Fire, Xbox, web browsers, and select smart TVs. You can read more about how to follow the Olympics on our main hub.

Read the original article on Business Insider

[Author: kwebb@businessinsider.com (Kevin Webb)]

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Fri, 23 Jul 2021 14:16:28 +0000 BlogLikes - Find Most Popular Blogs Reviews Deals Usa Nbc Entertainment Sports Samsung Trends Tech Fox Olympics Streaming Tokyo Lg Cnbc Sling TV Nbc Sports Peacock NBC Universo NBC NBCSN Universo Roku Apple TV Amazon Fire TV Android Tech Insider Tokyo 2020 Sling Blue How To Watch Kevin Webb Tokyo Olympics Insider Picks Product Card Deals (Reviews IP Deals Tech & Electronics (Reviews Alyssa Powell IP Tech Streaming (Reviews IP Streaming Slingtv Insider Reviews 2021 Roku Amazon Fire Xbox Golf Channel All NBC NBC Sports USA CNBC NBC Universo Sling Blue NFL Network TNT Food Network Comedy Central
Keurig, Nespresso coffee makers get massive discounts at Best Buy http://feedproxy.google.com/~r/digitaltrends/~3/4j-FKKynQFI/ ]]> Fri, 23 Jul 2021 14:01:39 +0000 BlogLikes - Find Most Popular Blogs Trends Keurig Keurig Nespresso Breville Nespresso The 5 best hanging shelves for closets http://feedproxy.google.com/~r/typepad/alleyinsider/silicon_alley_insider/~3/gDxc6GC3d8s/best-hanging-shelves-for-closets
  • Hanging closet organizers are an easy, affordable way to add additional storage to a cramped space.
  • Our top pick is The Container Store's 6-Compartment Natural Canvas Sweater Organizer.
  • It has roomy shelves for neatly stacking sweaters or pants and is made of high-quality canvas.
  • The tiny closet in my bedroom is the bane of my existence. It's poorly organized, with upper shelves that I can't easily reach and sliding doors that make getting the clothes at the center of the rack a challenge.

    Even if you don't share my closet woes, you can still benefit from some organization. Hanging shelves are a great way to make use of your closet's dead space, adding extra storage for anything from sweaters and pants to purses, shoes, and accessories.

    They're also a nice solution for people who can't fit a dresser in the bedroom, and they help keep the closet floors clear for shoe racks. Hanging shelves come in all different shapes and sizes, so you're bound to find one that suits your closet and your wardrobe.

    Make sure your closet rod can support the weight. Once they are filled, hanging shelves can get very heavy, which can cause the rod to bend. Be sure to avoid overpacking your hanging shelves.

    Here are the best hanging shelves for closets: The best hanging shelf overall Container Store Hanging Shelf in a closet full of clothes.

    The Container Store

    The Container Store 6-Compartment Natural Canvas Hanging Sweater Organizer can hold up to 24 sweaters without adding too much bulk to your closet. Dimensions: 12-inch width and 55-inch height

    Pros: Six compartments, up to 24 sweaters, sturdier than other fabric shelves, hooks

    Cons: Drawers can stick when full

    For optimal storage that doesn't clutter your closet, check out The Container Store 6-Compartment Natural Canvas Hanging Sweater Organizer. It has six roomy compartments that hold up to 24 sweaters, while only taking up 12 inches on your closet rod.

    It is also attractive for a clothes organizer, made of thick, natural-colored canvas. The whole thing attaches to the rod with two sturdy metal hooks and has reinforced shelves that retain their shape even when loaded down with garments.

    Deep, wide cubbies mean it can also accommodate bulkier items and even shoe boxes. The drawers tend to stick when full, so leave a little space in them for easy use. 

     

    The best hanging shelf with accessory pockets Whitmore Hanging Shelf in brown with a hat on the top shelf in a closet with hanging clothes.

    Amazon

    The Whitmor Hanging Accessory Shelves feature five organizing shelves and three sleeves on the side for stashing smaller items like scarves and belts. Dimensions: 11.5-inch depth, 12-inch width, and 42-inch height

    Pros: No assembly required, affordable, side pockets

    Cons: Shelves sag a bit when very full

    Everyone has a few random items that clutter up the closet because they don't seem to belong anywhere. The Whitmor Hanging Accessory Shelves give you a place to stash those odd belts, scarves, and other doodads so they stop falling to your closet (or bedroom) floor.

    This five-shelf unit is under four feet from top to bottom, so there will still be space underneath the unit. It holds plenty of sweaters, tops, pants, shoes, and more. What makes this shelf stand out are the three mesh accessory pockets on the side that can hold jewelry, scarves, stockings, or anything else that needs a home.

    This option is a bit saggier and less sturdy than our top pick from The Container Store, but the organizer has a metal frame inside to help hold the shape and hangs from the closet rod by two chrome hooks for easy installation.

     

    The best hanging shelf for shoes Whitmor Hanging Shoe Shelves in brown in a closet full of neutral dresses and blouses.

    Whitmor

    Another way to clear clutter from your closet is to use the Whitmor Hanging Shoe Organizer, getting your shoes off the ground and up to eye level. Dimensions: 11.5-inch depth, 5-inch width, and 52-inch height

    Pros: No assembly required, side pockets for accessories

    Cons: May not fit shoes sizes 12 and above

    Save your closet floor space by storing up to 10 pairs of shoes in the Whitmor Hanging Shoe Organizer. This hanging shelf unit pulls double duty with side mesh pockets for accessories like dress socks, extra shoelaces, or other small items.

    The compartments aren't big enough for boots or chunkier shoes, but you'll be able to fit sneakers, flats, flip flops, and more. The neutral-toned fabric compartments hang out of a steel frame, so the cubbies will keep their shape. Attach the two wire hooks to the closet rod, and you'll be good to go.

    The best hanging shelf for bags Zober Hanging Purse Shelf in a white toned closet

    Amazon

    The Zober Hanging Purse Organizer solves the common problem of what to do with all your bags. Dimensions: 13.8-inch width and 48-inch height

    Pros: Eight roomy compartments for purses, clear on the front, open sides for easy access

    Cons: Bulky, not much use beyond purses

    Figuring out how to store my excess bags and purses without creasing them or leaving them in a pile is a bit of an issue. Right now, I chuck all my bags onto the top shelf of my closet and hope for the best. But the Zober Hanging Purse Organizer is definitely a better option.

    You could store purses in many of the shelves on this list, but if you'd like to keep them organized and relatively dust-free, this is a great pick. It features eight slots that are open on the side for easy in-and-out access. Clear plastic panels in front let you see exactly what's stored inside. It attaches to the rod using a standard hook.

     

    The best hanging shelf with a clothing rod Whitmor Organizer with clothing rod underneath, showing storage of purses and sweaters.

    Amazon

    The Whitmor 4-Section Fabric Closet Organizer has four cubbies and an additional clothing rod to hang shirts, dresses, and slacks. Dimensions: 11-inch depth, 24-inch width, and 27.5-inch height

    Pros: Four cubbies, attached clothing rod

    Cons: Some reviewers complained about sagging

    The Whitmor 4-Section Fabric Closet Organizer is a genius space saver. Not only does it give you four square cubbies to store folded items, but it also has an additional metal rod for hangers.

    There's minor assembly required because the shelf hangs from metal rods that slide through the fabric loops at the top. When assembled, the shelf dimensions are 11 x 24 x 27.5 inches, giving you plenty of space in your closet to hang dresses, pants, and shirts.

    While some sagging does occur when it's completely loaded up, it's generally pretty sturdy and the metal rod is strong enough to easily hang plenty of pants, skirts, dresses, and more. 

     

    See more storage solution buying guides A full closet, a white toned structure, with organize pants, shirts, and accessories.

    Csondy/Getty Images

    The best shoe racks and shoe organizers
    The best closet and drawer organizers
    The best clothing hangers
    Home organization ideas for under $50 Read the original article on Business Insider

    [Author: insider@insider.com (Erin Mayer)]

    ]]>
    Fri, 23 Jul 2021 13:41:49 +0000 BlogLikes - Find Most Popular Blogs Reviews Amazon Home Organization Trends Features Buying Guide Container Store Closet Whitmor Insider Picks Insider Picks 2020 Insider Picks Guides Best Guides Guide Update Home (Reviews Erin Mayer IP Home
    6 million renters face eviction in 8 days when a Trump-era ban expires. Biden is poised to let it happen. http://feedproxy.google.com/~r/typepad/alleyinsider/silicon_alley_insider/~3/-JCZoXvYBys/trump-era-eviction-ban-foreclosure-moratorium-expiration-biden-renewal-2021-7 President Joe Biden speaks on the economy at Cuyahoga Community College Manufacturing Technology Center, on May 27, 2021, in Cleveland, Ohio.

    Nicholas Kamm/AFP via Getty Images

    • Both a federal eviction ban and a moratorium on foreclosures expire in eight days.
    • Some advocates are pushing for an extension of the eviction ban as new virus cases pile up.
    • The Biden administration is poised to allow both relief programs to expire on July 31.
    • See more stories on Insider's business page.

    On July 31, a set of pandemic-relief measures for renters and homeowners enacted under President Trump will end - and the Biden administration doesn't appear interested in renewing them.

    A federal eviction ban is ending on July 31 after an extension last month. It's the same for a moratorium on foreclosures. But the Biden administration rolled out a new measure allowing homeowners to refinance their mortgages and cut monthly payments in an effort to aid 1.8 million Americans still in forbearance.

    Still, some groups are pushing for the White House to take more aggressive steps to prevent people from losing their homes.

    On evictions, advocates say the emergency measure's end threatens 6 million renters who are at risk of losing their homes at a moment new infections are rising and a federal program to help them has been very slow to provide rent relief.

    "The CDC eviction moratorium is a necessary public health measure to lessen spread of/deaths from COVID-19," Diane Yentel, president of the National Low-Income Housing Coalition, recently wrote on Twitter. "The need clearly remains as Delta surges & 6m renter households remain behind on rent & at risk of eviction when moratorium expires."

    Paul Williams, a fellow at the Jain Family Institute, projected that 80% of all households struggling with rental debt are in counties experiencing a surge of virus cases due to the Delta variant.

    "Letting county courts kick people onto the street next week is probably the worst Delta variant strategy I can think of," he wrote on Twitter.

    Around 11.4 million renters - or 16% overall - have fallen behind on rent payments, according to an analysis of Census data from the left-leaning Center on Budget and Policy Priorities. Around 3 million people said they could be evicted within a mere two months. Some courts ruled the ban unconstitutional earlier this year, Insider's Ayelet Sheffey reported.

    Separately, the Biden administration is allowing homeowners to extend the length of their mortgage. The White House said Friday that homeowners with mortgages backed by Fannie Mae and Freddie Mac can still delay their payments until September 30.

    Read the original article on Business Insider

    [Author: jzeballos@businessinsider.com (Joseph Zeballos-Roig)]

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    Fri, 23 Jul 2021 13:41:43 +0000 BlogLikes - Find Most Popular Blogs Cdc White House Trends Joe Biden Delta Biden Trump Freddie Mac Fannie Mae National Low Income Housing Coalition Paul Williams Jain Family Institute Diane Yentel Joseph Zeballos Roig COVID Ayelet Sheffey Cleveland Ohio Nicholas Kamm AFP Center on Budget and Policy Priorities Around
    Under the radar: How a 117-year old technology gives Olympic throwers an edge http://feedproxy.google.com/~r/digitaltrends/~3/61D0r3wb_pw/ ]]> Fri, 23 Jul 2021 13:30:37 +0000 BlogLikes - Find Most Popular Blogs Trends Features Olympics Tokyo Better Stronger Faster Free money for all? Garcetti hopes guaranteed income test brings big change https://www.dailynews.com/2021/07/23/free-money-for-all-mayors-hope-local-tests-bring-big-change/ By Sara Burnett | The Associate Press

    By triggering $1,400 stimulus checks for millions of people and expanding the child tax credit for many families, the pandemic offered a clear takeaway for some officials: That putting tax dollars in people’s pockets is achievable and can be a lifeline to those struggling to get by.

    Now a growing number of mayors and other leaders say they want to determine for sure whether programs like these are the best way to reduce poverty, lessen inequality and get people working.

    In experiments across the country, dozens of cities and counties — some using money from the $1.9 trillion COVID relief package approved in March — and the state of California are giving some low-income residents a guaranteed income of $500 to $1,000 each month to do with as they please, and tracking what happens. A coalition known as Mayors for a Guaranteed Income plans to use the data — collected alongside a University of Pennsylvania-based research center — to lobby the White House and Congress for a federal guaranteed income or, for starters, to make the new $300 per month child tax credit that’s set to expire after this year permanent.

    The surge in interest in these so-called free money pilot programs shows how quickly the concept of just handing out cash, no strings attached, has shifted from far-fetched idea to serious policy proposal, even as critics blast the programs as unaffordable or discouraging people from going to work. Supporters say it’s all due to COVID-19, which cost millions of people their jobs and prompted the federal government under both Presidents Donald Trump and Joe Biden to cut checks to rescue the economy — relief that was hugely popular politically.

    “The pandemic showed us what is possible,” said Los Angeles Mayor Eric Garcetti, whose latest budget included a $24 million guaranteed income program to give 2,000 poor families $1,000 per month. “We’re now going to be a pretty potent lobby to get the child tax credit permanent.”

    Related links

    The American Rescue Plan, which Biden signed in March, increased the child tax credit for one year to $3,600 annually for children under 6 and $3,000 for ages 6 to 17, with the first six months of the credit advanced via monthly payments that started this month. Last year the credit was $2,000 per child, and only families that owed income taxes to the government could receive it. That excluded low-income families and those who generally have no income to report.

    Biden is pushing to extend the credit through 2025, and ultimately make it permanent. Republicans argue doing so would create a disincentive for people to work, and lead to more poverty — an argument similar to what critics say about the guaranteed income programs. No Republicans voted in favor of the American Rescue Plan, which they said was too expensive and not focused specifically enough on COVID-19′s health and economic crises.

    Former Stockton Mayor Michael Tubbs, who started Mayors for a Guaranteed Income in June 2020, launched a guaranteed income program using private funds in his Northern California city in 2019. An independent study found full-time employment for participants grew in the first year of the program more quickly than it did for those not receiving cash, a finding Tubbs argues contradicts conservative arguments against them. Some recipients were able to complete classes or training and get full-time jobs that provided more economic stability than cobbling together gig employment.

    Mayors for a Guaranteed Income started with 11 founding mayors and now has more than 50. Two dozen pilot programs have been approved, from Los Angeles County — the most populous county in the U.S. — to a county in upstate New York and the cities of Wausau, Wisconsin, and Gainesville, Florida.

    Last week, California lawmakers approved a state-funded guaranteed income plan with a unanimous vote that showed bipartisan support. It will provide monthly payments to qualifying pregnant people and young adults who recently left foster care.

    Some pilot programs have been funded privately — Twitter founder Jack Dorsey has donated over $15 million to MGI. Other places, like Minneapolis, are using federal dollars from the American Rescue Plan.

    Matt Zwolinski, director of the Center for Ethics, Economics and Public Policy at the University of San Diego, has studied guaranteed income policy for over a decade and says the increased interest is remarkable.

    But he says there’s a flaw in using the pilot projects as a “proof of concept.” Most are for one to two years and give money to a narrow slice of the population that knows the cash will eventually stop, so participants may be more likely to seek fulltime employment during that period than if they knew the cash was permanent.

    Zwolinski also questions whether people in the U.S. are willing to support a national program that gives money to people who could work but aren’t doing so.

    “That really rubs a lot of people the wrong way,” he said.

    Even in the smaller pilots there have been hiccups. In many cases, waivers are needed to ensure the new income doesn’t make recipients ineligible for other benefits they receive.

    Wausau, Wisconsin, Mayor Katie Rosenberg said that snag has delayed the city’s program from getting up and running.

    “I don’t want to hurt people,” Rosenberg said.

    Gary, Indiana, started its pilot program in April, providing $500 per month to 125 households for one year. Burgess Peoples, the pilot’s executive director, said recipients receive “wraparound services,” including help with finding jobs. Already it’s making a difference, she said.

    Two women used their first checks to pay what they owed for college tuition, allowing them to keep working toward their degrees. One man got his car repaired so he could get to work without paying for a Lyft ride.

    Peoples hopes more local experiments will pressure the federal government to change the way it assists poor people.

    “That way they can get help the way they need it,” she said, “not just the way the government thinks it should be.” Related Articles

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    Fri, 23 Jul 2021 13:25:36 +0000 BlogLikes - Find Most Popular Blogs Lyft Business New York Minneapolis Congress California White House Los Angeles Sport Joe Biden Soccer Stockton University of Pennsylvania Biden Jack Dorsey Donald Trump Lapd Eric Garcetti Southern California Northern California Los Angeles County Rosenberg LA County Garcetti Gainesville Florida Gary Indiana Zwolinski Tubbs Michael Tubbs Sara Burnett Wausau Wisconsin MGI Matt Zwolinski Coronavirus Economy American Rescue Plan Katie Rosenberg Burgess Peoples
    Destiny 2: Beyond Light: Where to find Xur for the weekend of July 23 http://feedproxy.google.com/~r/digitaltrends/~3/FaREIDkAgj4/ ]]> Fri, 23 Jul 2021 13:23:18 +0000 BlogLikes - Find Most Popular Blogs Gaming Trends How-to Activision Bungie Destiny 2 Destiny 2 Guide Destiny 2: Beyond Light Twitter could rise another 30% as ad spending is set to soar, Bank of America says http://feedproxy.google.com/~r/typepad/alleyinsider/silicon_alley_insider/~3/dGQl6kyKMCU/twitter-stock-price-advertising-revenue-2q-earnings-tech-social-bofa-2021-7 Twitter CEO Jack Dorsey.

    PRAKASH SINGH/AFP via Getty Images

    • Twitter stock could rise by almost 30% to $90 per share, according to Bank of America analysts.
    • BofA sees Twitter expanding in its advertising growth which took a hit during the COVID-19 pandemic.
    • BofA reiterated its buy rating on the stock.
    • See more stories on Insider's business page.

    Twitter stock could rise by about 30% as the social media platform stands to see further growth in advertising sales which have been recovering after the onset of the coronavirus pandemic, Bank of America said Friday.

    Twitter's own outlook for the third quarter points to optimism about its business prospects, the investment bank said in a research note in which it raised its price objective and reiterated its buy rating on the stock.

    The bank's new price objective of $90 follows Thursday's closing price of $69.57, implying a 29% increase. BofA increased its price objective from $82 after Twitter late Thursday posted a 74% jump in second-quarter revenue, to $1.19 billion. That beat expectations of $1.07 billion in a Refinitiv poll of analysts. It also marked the fastest rate of top-line growth since 2014.

    Shares of Twitter were up 4.2% on Friday after rising as much as 5.4% to $73.34 during the session.

    Twitter's outlook "suggests more optimism," for the third quarter and revenue looks quite strong, BofA analyst Justin Post said in the note. Twitter projected revenue of $1.22 billion to $1.3 billion, higher than the $1.07 billion expected in a FactSet poll of analysts.

    The social media site posted an 87% spike in advertising revenue year over year to $1.05 billion, citing a broad increase in demand and improvements in its brand and direct response ad products.

    "We reiterate our positive view on Twitter for 2H based on increased brand advertising rebound," and, among other things, continued traction in its offerings for Mobile Application Promotion, said BofA. MAP is a technology that aids advertisers in promoting their mobile apps. Twitter said Thursday it had launched its playable ad pilot that's designed to help mobile gaming advertisers gain new customers by allowing them to experience gameplay before installing an app.

    "[We] are optimistic that the MAP product ramp can drive solid 23% q/q 4Q growth, better than Twitter's historical pre-pandemic average," said the analyst.

    Twitter's advertising dropped 23% to $562 million in the second quarter of 2020 on a year-over-year basis as the COVID-19 pandemic drove down global demand in the face of widespread economic recession.

    "While user growth will remain a question, we maintain our optimistic view that Twitter can increase its still (very) limited reach as a differentiated news and content platform, with strong distribution on other media," said BofA's Post.

    Read the original article on Business Insider

    [Author: insider@insider.com (Carla Mozée)]

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    Fri, 23 Jul 2021 13:21:02 +0000 BlogLikes - Find Most Popular Blogs Twitter Trends Markets Bank Of America Jack Dorsey Twitter Ads Afp BofA FactSet Getty Images Twitter Carla Mozee Twitter earnings Tech Stocks Justin Post Twitter Stock Price Nasdaq 100 BofA Research MI Exclusive BofA MAP
    Facebook moderators, tasked with watching horrific content, are demanding an end to NDAs that promote a 'culture of fear and excessive secrecy' http://feedproxy.google.com/~r/typepad/alleyinsider/silicon_alley_insider/~3/z06j_zKthm4/facebook-moderators-letter-zuckerberg-culture-of-fear-nda-2021-7 Facebook CEO Mark Zuckerberg in Washington DC on Oct. 23, 2019.

    Andrew Harnik/AP

    • Facebook content moderators are calling for an end to NDAs, which prohibit them from talking about work.
    • Moderators are contractors tasked with sifting through violent content, like suicide and child abuse.
    • The moderators are also asking for better mental health support and full-time employee pay.
    • See more stories on Insider's business page.

    Content moderators for Facebook are urging the company to improve benefits and update non-disclosure agreements that they say promote" a culture of fear and excessive secrecy."

    In a letter addressed to Facebook CEO Mark Zuckerberg and COO Sheryl Sandberg - as well as executives of contracting firms Covalen and Accenture - a group of moderators said "content moderation is at the core of Facebook's business model. It is crucial to the health and safety of the public square. And yet the company treats us unfairly and our work is unsafe."

    Their demands are three-fold:

    • Facebook must change the NDAs that prohibit them from speaking out about working conditions.
    • The company must provide improved mental health support, with better access to clinical psychiatrists and psychologists. As the letter reads: "it is not that the content can "sometimes be hard", as Facebook describes, the content is psychologically harmful. Imagine watching hours of violent content or children abuse online as part of your day-to-day work. You cannot be left unscathed."
    • Facebook must make all content moderators full-time employees and provide them with the pay and benefits that in-house workers are afforded.

    Facebook did not immediately respond to Insider's request to comment. A company spokesperson told The Verge that moderators do have access to mental health care "when working with challenging content," and moderators in Ireland specifically have "24/7 on-site support."

    Covalen and Accenture did not immediately respond to requests for comment.

    Friday's letter comes as Facebook's content moderators have long decried the company's treatment of them, even as they're tasked with sifting through horrific content on its platforms. That content can include violent physical and sexual abuse, suicide, and other graphic visuals.

    A moderator employed through Covalen, a Facebook contractor in Ireland, told the Irish Parliament in May that they're offered "wellness coaches" to cope, but it's not enough.

    "These people mean well, but they're not doctors," the moderator, 26-year-old Isabella Plunkett, said in May. "They suggest karaoke or painting but you don't always feel like singing, frankly, after you've seen someone battered to bits."

    Facebook CEO Mark Zuckerberg said in a company-wide meeting in 2019 that some of the content moderators' stories around coping with the work were "a little dramatic."

    Read the original article on Business Insider

    [Author: insider@insider.com (Katie Canales)]

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    Fri, 23 Jul 2021 13:05:50 +0000 BlogLikes - Find Most Popular Blogs Facebook Mark Zuckerberg News Trends Social Media Ireland Washington Dc Accenture Sheryl Sandberg Andrew Harnik Irish Parliament Tech Insider Content Moderation Katie Canales Content Moderators Isabella Plunkett Covalen
    Trump advisor says there is 'zero' chance the former president will pick Pence as his running mate if he runs in 2024: report http://feedproxy.google.com/~r/typepad/alleyinsider/silicon_alley_insider/~3/-5Nxhi2DsfE/zero-chance-trump-will-pick-pence-vp-2024-report-2021-7 Then-Vice President Mike Pence and then-President Donald Trump in the Rose Garden on March 29, 2020.

    Tasos Katopodis/Getty Images

    • Trump advisors told Politico that it's highly unlikely Mike Pence will be Trump's VP pick again.
    • One aide even went so far as to say that there's "zero" chance Pence will be chosen.
    • Trump has not made an official 2024 announcement yet, but has said he's seriously considering running.
    • See more stories on Insider's business page.

    If former President Donald Trump wins the 2024 Republican nomination, it's highly unlikely his running mate will be Mike Pence again, Politico reported on Friday.

    Trump advisors told the outlet that Pence is not being floated as a potential VP pick because of his decision to preside over the 2020 electoral certification on January 6, instead of unlawfully overturning the results in Trump's favor.

    One Trump aide told Politico there is "zero" chance Pence would serve as Trump's No. 2 again.

    The Politico story confirms a Bloomberg report in March, in which Trump advisors urged the former president to drop Pence as a possible running mate and instead consider a Black or female vice presidential nominee.

    Politico reported that Trump advisors are viewing other rumored candidates in the 2024 pool, such as South Dakota Gov. Kristi Noem or former United Nations Ambassador Nikki Haley, as potential running mates.

    Trump has not made a formal announcement for a White House bid, but has repeatedly teased that he may run. Last month, he told Newsmax that he'd made a decision about 2024 that will come "in the not too distant future." In April, he told Fox News that he's "very seriously" considering another reelection campaign.

    Trump and Pence's relationship turned sour in the wake of the January 6 insurrection. Trump was infuriated that Pence did not obey his calls to reject the 2020 results, which the then-vice president had no legal authority to do, according to the US Constitution.

    Trump refused to check in on Pence as rioters stormed the Capitol, many of whom chanted "Hang Mike Pence," according to reports of the day. The two went several days without speaking to each other after the attack.

    Pence has not expressed any regrets over his actions on January 6, saying in June that he was "proud" to fulfill his constitutional duty and certify the election. He's also said that he and Trump may never "see eye to eye on that day."

    The former vice president has also been rumored as a 2024 presidential hopeful, making stops this year in New Hampshire and South Carolina, typically early primary states.

    Trump advisors, however, told Politico that they don't see Pence winning the nomination.

    "The vice president is an incredible man and was a great vice president, but he has a huge obstacle - problem - in trying to be the nominee after dealing with what he's dealt with over the last six months," one advisor said.

    Read the original article on Business Insider

    [Author: oseddiq@insider.com (Oma Seddiq)]

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    Fri, 23 Jul 2021 13:00:57 +0000 BlogLikes - Find Most Popular Blogs Politics News Republicans White House Politico Trends Bloomberg New Hampshire South Dakota United Nations Fox News Election Campaign Donald Trump South Carolina Trump Nikki Haley Mike Pence Capitol Pence NewsMax Rose Garden Kristi Noem Tasos Katopodis Getty Images Trump 2024 US Constitution Trump
    Quantum clocks and e-pistols: The ultra-precise timekeeping of the Tokyo Games http://feedproxy.google.com/~r/digitaltrends/~3/vnnCfdOOMxE/ ]]> Fri, 23 Jul 2021 13:00:20 +0000 BlogLikes - Find Most Popular Blogs Sports Trends Features Olympics 2020 Tokyo Olympics Tokyo Games Better Stronger Faster One of the best true wireless earbuds (Sony ANCs) are super cheap today http://feedproxy.google.com/~r/digitaltrends/~3/u5nRnC7jYh0/ ]]> Fri, 23 Jul 2021 12:58:50 +0000 BlogLikes - Find Most Popular Blogs Deals Trends Sony Home Theater Best Buy Deals True Wireless Earbuds True Wireless Earbuds Deals Home Theater Deals Best Buy 2021 Deal-ED Sony WF SP800n True Wireless Earbuds Sony ANCs Best FINRA: The organization that regulates broker-dealers and protects investors http://feedproxy.google.com/~r/typepad/alleyinsider/silicon_alley_insider/~3/5Hmn5PMWG7M/finra FINRA also provides educational resources and a space for investors to file complaints about brokers if needed.

    Finra; Alyssa Powell/Insider

    • The Financial Industry Regulatory Authority (FINRA) oversees US-based broker-dealer firms, registered brokers, and market dealings.
    • Brokers must be registered with FINRA in order to trade securities with the public.
    • FINRA plays a big role in market security by watching for manipulation or fraud.
    • Visit Insider's Investing Reference library for more stories.

    Financial Industry Regulatory Authority (FINRA) is a private organization authorized by the US government to enforce ethical investment practices among registered brokers. FINRA is largely known for regulation and registration of brokers and brokerage firms.

    In reality, FINRA casts a much wider net of responsibility. The organization also monitors daily market functions, handles customer complaints, and maintains a library of educational materials for investors.

    "Our whole mission is investor protection and market integrity," says Gerri Walsh, senior vice president of Investor Education at FINRA.

    Learn more about how FINRA protects everyday investors, maintains market integrity, and why its job is so important.

    What is FINRA?

    FINRA is a self-regulatory organization (SRO) that oversees broker-dealer firms, registered brokers, and market dealings in the US.

    Empowered by the Securities and Exchange Commission (SEC), FINRA writes rules that brokers must abide by, evaluates firms' compliance with those rules, and disciplines brokers that fail to adhere. In order to trade securities with the public, brokers must be registered with FINRA, which administers a rigorous application and examination process. FINRA's online BrokerCheck tool shows whether a broker is registered with the organization.

    FINRA also provides educational resources and a space for investors to file complaints about brokers.

    Understanding FINRA

    FINRA exists to help the SEC regulate aspects of the securities business, namely brokers and their relationships with consumers.

    "Investing is an important part of people's hard-earned money," said Harris Kay, a managing partner with Murphy & McGonigle, a law firm specializing in securities law. "They deserve to be in a place that follows the rules."

    Quick tip: Check whether your broker or brokerage firm has been following the rules with FINRA's BrokerCheck tool.

    FINRA's services can be divided into a few different, but connected, duties.

    1. Regulate and oversee brokers. Once registered with FINRA, brokers must complete ongoing education requirements over the years. Brokers are subject to periodic audits, which checks whether a firm and its employees are conducting competent and honest business. If a broker is found to be noncompliant, FINRA can bring disciplinary actions against the individual and/or the firm.
    2. Maintain its BrokerCheck database on brokers and firms. You can use FINRA's BrokerCheck tool to check whether a broker is registered. BrokerCheck also provides background information on a broker or firm, including any history of disciplinary action.
    3. Receive and address customer complaints. When you have an issue with your broker or brokerage firm, you can turn to FINRA to file a complaint, which FINRA will then investigate.
    4. Provide dispute resolution services. When customer complaints evolve into legal action, FINRA provides a forum and lawyers for arbitration and mediation between customers and brokers as an alternative to going to court.
    5. Offer resources and tools for investors. FINRA has a wealth of personal finance and investing articles and calculators available to beginner and advanced investors alike. It even offers free online investing courses. You can give FINRA a toll-free call, to get help in understanding your investments whether you don't understand something in your statements or you want to know more about a hard sell your broker is trying to make. There's even a specialty helpline for senior citizens.
    6. Surveille equity markets. FINRA's technology department plays a strong role in maintaining market integrity by monitoring market transactions and orders every day. Through algorithms and artificial intelligence, FINRA looks for any patterns or signs of market manipulation or fraud. If anything is found, it gets flagged to FINRA's enforcement team, or sent to other relevant parties like the SEC or the securities exchange itself.

    Quick tip: Bringing your complaint about a broker to arbitration or mediation can be a more cost-effective method than going to court. While there is a fee for the service, FINRA will provide you with a choice of arbitrators and walk you through the process.

    With such a wide responsibility, FINRA is split into 11 departments, including:

    • Board and External Relations includes Investor Education, Government Affairs, and Communications departments.
    • Enforcement takes care of FINRA'S disciplinary actions against brokers.
    • Legal oversees FINRA's rulemaking and corporate legal functions, and includes Corporate Financing and Dispute Resolution departments.
    • Member Supervision watches over and examines member firms.
    • Market Regulation Transparency Services works with the SEC and exchanges to surveille markets and examine firms to identify any potential market manipulation or fraud. This department also checks that firms remain compliant to federal securities laws.
    • Office of Hearing Officers provides impartial adjudicators to preside over the disciplinary actions brought forward by the Enforcement Department.
    • Technology touches all aspects of technology at FINRA, including the algorithms that surveille markets.
    History of FINRA
    • 1934: In response to the stock market crash of 1929, the Securities Exchange Act of 1934 established the SEC to protect against another such crisis.
    • 1938: The National Association of Securities Dealers, Inc. (NASD) is created under the Maloney Act amendments to the Securities Exchange Act of 1934 as a private regulatory body.
    • 2007: The SEC approves the NYSE and NASD merger, creating a new agency, FINRA.
    FINRA vs. SEC

    FINRA

    SEC

    Type

    Private self-regulatory organization

    Government agency

    Main Focus

    Regulation of brokerage firms and brokers

    Regulate individual securities & markets

    Other Duties

    Administer examinations and registration to brokers and brokerage firms

    Take legal action against violations of securities laws

    Public Protection

    Field and address customer complaints

    Provide arbitration forum

    Ensures accuracy of information regarding publicly available securities

    Due to the magnitude of the securities trading industry, the SEC delegated the regulation of brokers to FINRA as a matter of efficiency. By outsourcing one side of the business, the SEC can maintain better oversight.

    One way to see it is that FINRA primarily deals with the human aspect of investing, focusing on the way brokers do business with the public. It ensures that brokers are up to code with its registration process and audits, and assists the public by receiving complaints and offering an arbitration forum.

    Meanwhile, the SEC focuses on the bigger picture. The SEC is able to regulate and keep an eye on securities. The SEC also verifies that companies are providing accurate and total information on their publicly available securities, whether on exchanges or over-the-counter. If someone is found in violation of securities laws, the SEC can bring action against them in federal court.

    Still, FINRA and the SEC work together in examining broker practices, sharing market surveillance information, and teaming up on enforcement actions.

    The financial takeaway

    While it may seem like a background player compared to big name and trendy brokerage firms, FINRA should be investors main resource when it comes to securities and investment safety.

    FINRA is a great and important resource for anyone who participates in securities markets. It provides a ton of resources, including BrokerCheck, to help investors make smart investment decisions. It also puts brokers and firms through a rigorous registration process to ensure only qualified entities are interacting with the public when it comes to securities.

    FINRA can even serve as your personal secondary gut check with its toll-free helpline whenever you need help understanding the investment world.

    What is the FDIC?What is the Nasdaq? Understanding the global stock exchange that's home to the fastest-growing, most innovative companiesThe S&P 500 is seen as a gauge of the stock market itself - here's how this widely watched stock index worksWhat is the New York Stock Exchange? Understanding the biggest marketplace for investors in the world Read the original article on Business Insider

    [Author: lauren17alexandra@gmail.com (Lauren Perez)]

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    Fri, 23 Jul 2021 12:52:24 +0000 BlogLikes - Find Most Popular Blogs US Trends SEC New York Stock Exchange Nyse FINRA Financial Industry Regulatory Authority FINRA BrokerCheck NASD Murphy McGonigle Lauren Perez Gerri Walsh Securities and Exchange Commission SEC FINRA FINRA FINRA Harris Kay Market Regulation Transparency Services Office of Hearing Officers Enforcement Department Technology Public Protection Field
    The Delta variant could make the American shopper go back into lockdown, BofA says http://feedproxy.google.com/~r/typepad/alleyinsider/silicon_alley_insider/~3/qCtB9zg83vc/delta-variant-covid-economy-consumer-behavior-lockdown-bank-of-america-2021-7 Bolstered by three rounds of stimulus checks, US consumers have been spending more.

    Justin Sullivan/Getty Images

    • The Delta variant could hurt the American shopper, and the economy, BofA Research says.
    • As the variant surges, economists predict a pullback in spending given concerns of catching it.
    • They cited Michigan, where spending declined after February's Covid wave, despite no change in restrictions.
    • See more stories on Insider's business page.

    Something may be changing in the American economy for the worse, and it's because of the Delta Covid variant. At least that's what Bank of America research thinks.

    The stock market had a major wobble on Monday, July 19, as data on the variant - and how many Americans it's rapidly infecting - challenged economic thinking around the reopening boom, led by consumer spending. In a signal of how seriously the mood changed, previously vaccine-skeptical Republican politicians and Fox News hosts reversed themselves, urging more Americans to get vaccinated.

    The American shopper emerged from lockdown to lead the recovery, but that's now at stake.

    BofA economists Stephen Juneau and Anna Zhou wrote in a Friday note that the variant is likely to lead to a shift in consumer behavior going forward, citing a 351% surge in the moving average of daily cases since July 21. Accompanied by slowing vaccination rates, they said they "believe the current surge in cases could lead to a sharp pullback in services spending."

    Daily new COVID-19 cases compared to consumer spending. BofA compares daily new COVID-19 cases to consumer spending.

    CDC, HHS, BEA

    Juneau and Zhou wrote that the most vulnerable part of the economy from another COVID-19 wave would be the leisure and hospitality sector, which notably added 343,000 payrolls in June - 40% of the total 850,000 jobs gain.

    Another factor they are concerned about with the Delta variant is the lack of government aid. When the pandemic first hit, Americans received stimulus checks and other benefits from President Donald Trump's CARES Act, then another Trump stimulus in late 2020, and finally President Joe Biden's American Rescue Plan, but another isn't being discussed. The $4 trillion infrastructure proposal Biden wants to further stimulate the economy is at risk of being watered down in bipartisan negotiations.

    Since governments seem unlikely to implement fresh restrictions as cases rise, the economists predict that most states will likely respond to the surge in infections by pushing people to get vaccinated, meaning that "shi sts in consumer behavior will determine how Delta affects economic activity and experiences during prior waves may not offer the best guide."

    They used the example of Michigan to back up their prediction. The state made no changes to restrictions during the Covid wave in late February, but consumer spending still decreased afterward, with services industries taking a major hit as less people dined out, and employment declined.

    From a global perspective, BofA's Ethan Harris wrote that several countries are experimenting with permitting or not permitting high-risk activities, and overall, he sees Delta as a "moderate headwind to global growth."

    To date, as Juneau and Zhou wrote, there has been little evidence of the variant significantly affecting the economy or spending on services, but with increased hesitancy of being in physical locations, the impact could become more prominent.

    And given that Biden officials are stricter mask guidance as the variant continues to spike, the consumer-led American boom coming out of lockdown could go back into some form of it.

    Read the original article on Business Insider

    [Author: asheffey@businessinsider.com (Ayelet Sheffey)]

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    Fri, 23 Jul 2021 12:52:15 +0000 BlogLikes - Find Most Popular Blogs US Trends Bank Of America Joe Biden Delta Fox News Michigan Biden Donald Trump Trump Juneau Justin Sullivan Getty BofA Zhou Ethan Harris Ayelet Sheffey BofA Research Stephen Juneau Anna Zhou CDC HHS BEA Juneau
    Escape to the desert with 15 remote homes on Airbnb across Texas, Utah, and the western US http://feedproxy.google.com/~r/typepad/alleyinsider/silicon_alley_insider/~3/kjjOwrS-wPM/best-remote-desert-airbnb-homes When you buy through our links, Insider may earn an affiliate commission. Learn more.

    Best desert Airbnbs

    Airbnb

    • A desert offers a dreamy backdrop for a secluded getaway amid nature, hiking, and stargazing.
    • Airbnb lists many unique homes in remote deserts and towns in Arizona, Nevada, and other states.
    • From Joshua Tree to Sedona, we rounded up the best Enhanced Clean Airbnbs near deserts under $600.

    Think of the last time you looked up and saw a pitch-black sky speckled with stars. If a recent evening doesn't come to mind, you're due for a stay in a remote desert where stargazing and solitude are a nightly spectacle.

    Desert landscapes also offer unrivaled hikes, historical landmarks, artisanal shops, and a crop of cool Airbnbs to add to your must-visit list.

    I've driven across the country (twice), watching the trees become cacti and grassy terrain turn to sand, making stops in towns like Marfa, Texas; Palm Springs, California; Las Vegas, Nevada; and Sedona, Arizona, where I even stayed at an Airbnb on this list.

    Though fall through spring is the best time to visit the desert, you can find cheaper prices during the summer if you're willing to face the hot temperatures.

    The best desert homes on Airbnb were selected based on the following criteria:

    1. Each Airbnb listing includes the entire apartment or home, in line with social distancing recommendations.
    2. Each home is committed to Airbnb's Enhanced Clean program, a five-step cleaning process developed in partnership with health and hospitality experts.
    3. Each property was chosen based on its reviews, receiving at least a guest review score of at least 4.82.
    4. Affordability, taking into account the number of guests allowed, was also considered, with rates ranging from $110 to $606 per night to start. Though, expect higher rates during popular seasons, holidays, and weekends.
    5. We looked for important amenities you'd want when staying in the desert, including pools to cool off in, access to hiking trails, stunning desert views, and attractive interior design.
    6. Homes are available to book in the coming weeks and months, based on the time of publishing and are subject to availability.
    Browse all the best Airbnb homes in the desert below, or jump directly to a specific area here: These are the best Airbnbs in desert towns, sorted by state and price. Best destinations California Banner

    BI

    Colorful oasis in Palm Springs Colorful oasis in Palm Springs This colorful adobe's walk-in shower leads to a heated backyard private pool.

    Airbnb

    Book this Palm Springs home with a pool on Airbnb

    Typical starting price: $209

    Town: Palm Springs

    Sleeps: 2 guests/1 bedroom 

    Rating: 4.98

    While Coachella is not until next year, you can still enjoy a trip to Palm Springs, which is about a two-hour drive from Los Angeles.

    Within the Colorado Desert, this colorful abode is located close to the main downtown area and is a vibrant, plant-filled oasis. Pop art and vintage books pay homage to celebrities who owned homes in Palm Springs, like Marilyn Monroe and Dean Martin. 

    Bright orange and teal colors cover the walls underneath vaulted ceilings, alongside an open-concept kitchen with funky, colorful appliances. The bedroom includes a Queen-size, memory foam bed, couch, TV, as well as a workspace.

    A spacious bathroom with a walk-in shower leads to the backyard with a heated, private pool and hot tub bordered by mod lounge furniture, a grill, bikes, and mountain views framed by cacti.

    Artist's loft in Joshua Tree Art Loft near Joshua Tree This urban loft is an art space to gain inspiration and create while on vacation.

    Airbnb

    Book Joshua Tree loft on Airbnb

    Typical starting price: $281

    Town: Joshua Tree

    Sleeps: 4 guests/2 bedrooms 

    Rating: 4.94

    Joshua Tree National Park, named for the spiny, palm-like botanical tree that grows here, is where two deserts converge: the Mojave Desert and the Colorado Desert. With no light pollution, you'll be able to spend evenings admiring the stars and days hiking 100-plus miles of trails — just beware of extreme heat warnings and pack more water than you think you'll need.

    This art-infused loft is a creator's dream haven and is located just north of a few eclectic restaurants and the national park's entrance on Park Boulevard. The remote home boasts floor-to-ceiling windows to soak up desert views, as well as a fully equipped kitchen, two bedrooms with Queen-size beds, two bathrooms, and open-concept studio space. 

    Work on large projects that can be spread across a work table on casters, surrounded by six bar stools. Art supplies are stored in a desk that spans 22 feet, and a vintage Dutch typewriter awaits poetic inspiration. A chalkboard wall also makes sharing ideas easy, while music from a record player provides the score for artistic sessions. 

    When you're not working, dangle from a transparent hanging bubble chair or peruse provided books about art, design, travel, and photography. In the backyard, find a hot tub, fire pit, lounge area, bocce ball court, and a custom cabana inspired by a 2006 Burning Man bamboo sculpture.

    Off-the-grid house in Pioneertown Off the grid House in Pioneertown Step away from society in this eco-friendly home with minimal Wi-Fi and no TVs.

    Airbnb

    Book this Pioneertown house on Airbnb

    Typical starting price: $475

    Town: Pioneertown

    Sleeps: 4 guests/2 bedrooms 

    Rating: 4.93

    Unlike lively Palm Springs or hiker-laden Joshua Tree, Pioneertown offers total remoteness. Out of sight in the California high desert, this sequestered refuge is a 10-minute drive from local favorites like Pappy & Harriet's, a quirky bar, restaurant, and music venue that's hosted musicians like Paul McCartney to Diplo. 

    There are no TVs in this industrial home, only satellite Wi-Fi for emergency communication. Guests are meant to instead soak in views of the desert with floor-to-ceiling windows in almost every room. Not only is the architecture stunning, but the property is eco-conscious, powering energy and hot water entirely using solar panels.

    The modern and minimalist design also includes a petite kitchen island next to an expansive dining table and a living room with a hanging fireplace that serves as a focal point. A shaded outdoor patio is set between this part of the home and two bedrooms, one with a King-size and one with a Queen-size Casper mattress, where you can enjoy panoramic views from bed.  

    Travel Hotel Reviews Sub banners Nevada

    Insider

    Desert home near Death Valley National Park Desert home near Death Valley National Park This seemingly floating desert home is a remote retreat that's 20 miles away from any civilization.

    Airbnb

    Book this Death Valley home on Airbnb

    Typical starting price: $500

    Town: Death Valley 

    Sleeps: 6 guests/3 bedrooms

    Rating: 4.81

    Set on 80 acres of land north of Las Vegas, this home is seemingly in the middle of nowhere, with the closest landmark being Death Valley National Park, 20 miles away. Designed by lauded architect Peter Strzebniok, the home was featured in The New York Times for its remoteness. 

    The 1,200-square-foot marvel appears to be floating thanks to a concrete plinth that elevates the structure. There are two bathrooms and three bedrooms; the master has a Queen-size bed below a skylight for nighttime stargazing. In the office, a writer's desk is set flush against floor-to-ceiling windows with desert views. 

    The all-white kitchen, with pops of red from light pendants, is an open concept that flows to the dining and living rooms with a coffered ceiling. Glass doors slide open to a 900-square-foot deck with a sunken hot tub.  

    'Desert rose' house in Las Vegas ‘Desert Rose’ house in Las Vegas Take a therapeutic retreat from the city at this hacienda-styled home with a spa, pool, and massive tepee.

    Airbnb

    Book this Las Vegas home on Airbnb

    Typical starting price: $606

    Town: Las Vegas 

    Sleeps: 12 guests/4 bedrooms 

    Rating: 4.92

    A 10-minute drive from the Las Vegas Strip, this hacienda-style home in a residential neighborhood is nicknamed the "Desert Rose." 

    Stay in one of the master bedrooms and you'll step out of a four-poster, King-size bed and onto cool ceramic floor tiles that lead to an en suite with two vanities, two shower heads, and a therapeutic copper bathtub. 

    In the living room, a zebra rug and western throw pillows support a southwestern aesthetic, and the gourmet kitchen includes an expansive bar and two slot machines as a reminder of the home's close proximity to casinos.

    Outside, the large private backyard is an oasis with a garden veranda with barbecue grills and a picnic table. There is also a spa and pool with a water slide, chaise lounges by a Kiva fireplace, fire pits, and various seating arrangements. Finally, a tepee large enough to cover two rustic couches is an unexpected touch that makes this home stand out.

    Travel Hotel Reviews Banner Utah

    Insider

    Desert townhome in Southwestern Moab Desert townhome in Southwestern Moab Near Arches National Park, this townhome embodies the surrounding desert in its earth-tone decor.

    Airbnb

    Book this Moab home on Airbnb

    Typical starting price: $282

    Town: Moab 

    Sleeps: 6 guests/2 bedrooms 

    Rating: 4.83

    This townhome is a 15-minute drive from Arches National Park with its gorgeous natural sandstone arches, and a 10-minute drive from downtown Moab with restaurants, shops, and galleries.

    The color scheme incorporates orange and beige shades inspired by the surrounding desert, as well as a green velvet couch complemented by a spiral Peruvian cactus. In the dining room, a rattan light fixture hangs above a sustainably sourced mango wood table, and a fully stocked kitchen has stools for additional seating. In the master, a Pendleton Escalante duvet is spread across a King-size bed under a clay and cholla cactus wall hanging. There's also a bunk room with four twin beds. 

    The front patio features a striped beach chair surrounded by desert plants, and on the back patio, a grill, accent chairs, and a hammock are set in front of expansive views. 

    Travel Hotel Reviews Banner Arizona

    Insider

    Cowboy bunkhouse in Scottsdale Cowboy bunkhouse in Scottsdale A bunkhouse that feels like the Old West with its vintage cowboy decor and rustic charm.

    Airbnb

    Book this Scottsdale house on Airbnb

    Typical starting price: $115

    Town: Scottsdale 

    Sleeps: 5 guests/2 bedrooms 

    Rating: 5.0

    Scottsdale, nicknamed "The West's Most Western Town," is east of Phoenix, in the Sonoran Desert. While the area is known for upscale shops and dining, you'll also find Frontier Town, which celebrates the city's history with old-fashioned saloons, museums, and even gun show reenactments, which could have inspired the theme of this Airbnb dubbed the "Cowboy Bunkhouse." 

    The kitschy-cool, pueblo-style home takes design cues from the city's heritage with wood-beamed ceilings and rustic, vintage furnishings. Decor includes cowboy hats and painted hanging bull horns, a painting of a cow, and barrel chairs with lattice woven bases.

    In the master, buzzard statues perch atop a tree-branch headboard and in the guest bedroom, two bunk beds are stacked below cowboy dangling boots.

    Outside, mariachi wire sculptures are set near a round dining table by a Kiva fireplace and a metal swing hanging from two trees.

    Yucca Room at JTH Tucson Yucca Room at JTH Tucson This intimate lodge is set on a 40-acre compound in the Sonoran Desert.

    Airbnb

    Book this Tucscon lodge on Airbnb

    Typical starting price: $212

    Town: Tucson

    Sleeps: 2 guests/1 bedroom 

    Rating: 4.92

    The Yucca Room is a lower-level unit in the JTH Tucson, a five-suite inn on the outskirts of Saguaro National Park, near Tucson. The compound is set on 40 acres of the Sonoran Desert, peppered with cacti and native plants. 

    The one-bedroom accommodations include a King-size bed below an exposed-beam ceiling and Tulum-inspired rattan light fixtures. Two rustic leather barrel chairs face a mustard-colored Kiva fireplace to create a comfy seating area, and on a private, shaded patio, twin chaise lounges and chairs also invite relaxation. There is also a bathroom, kitchenette, and a light breakfast of tea, coffee, granola, and fruit, served daily. 

    To take full advantage of the property's remoteness, be sure to stock up on groceries before arriving. Other common areas include a swimming pool surrounded by rock formations, a rooftop lounge, a yoga room, a fire pit, and a living room with a projector for movie nights.

    Mountain-top getaway in Sedona Mountain top Getaway in Sedona Bask in this home's panoramic views of the red rock mountains changing orange at sunset.

    Airbnb

    Book this Sedona house on Airbnb

    Typical starting price: $365

    Town: Sedona

    Sleeps: 7 guests/2 bedrooms 

    Rating: 4.99

    Located in Arizona's high desert, Sedona is surrounded by red rock mountains said to be where healing energies are palpable. I can't attest to whether that's true, but I can personally vouch for this property. 

    I stayed here during a recent trip to Sedona, a small town where psychics and crystal shops line the streets. Inside, a desk is set up in the foyer between two bedrooms, one with a fireplace and King-size bed, and another with two Queen-size beds. A shared bathroom is tucked behind a staircase that leads to the open-concept kitchen with mint green cabinets stocked with organic tea, coffee, and oatmeal.

    You'll spot Buddha statues and quotes sprinkled throughout the house, a callback to the destination's alleged spirituality, and an additional room that includes a pull-out couch for more guests. A full bathroom is attached to the living room, where a dark gray sectional and ottoman face a media console displaying guide books and board games. 

    Best of all is the wraparound balcony with unobstructed views of red rock formations that turn bright orange as the sun sets. There are plenty of seats, including a dining table, plastic chairs, and a daybed, and the porch wraps around to more seating. At the back of the house, a gate leads to the National Forest that connects to Airport Mesa Trail, one of the 100-plus hikes to check out during your stay. 

    Travel Hotel Reviews Sub banners Colorado

    BI

    Resort-like adobe in Grand Junction Resort like adobe in Grand Junction This luxurious adobe styled home has views of the Colorado National Monument, Colorado Grand Mesa, and the Book Cliffs formation.

    Airbnb

    Book this Colorado house on Airbnb

    Typical starting price: $196

    Town: Grand Junction

    Sleeps: 6 guests/4 bedrooms 

    Rating: 5.0

    See the Colorado National Monument, Colorado Grand Mesa, and The Book Cliffs formation all from this adobe-style home. The southeast patio has rocking chairs for reclining while taking in views, while an expansive patio with a pizza oven, grill, and fireplace is optimal for watching the sunset.

    A well-lit master suite is outfitted with a King-size bed, sling-style leather seat, a hide rug, and ensuite bath with a tub and walk-in shower. Bed configurations include a Queen-size bed, a twin and double bunk, and a Murphy double bed in the office. 

    There is also a full kitchen with a coffee station and margarita machine, a dining room, and a living room framed by bookshelves showcasing eclectic art and maracas.  

    Travel Hotel Reviews Banner New Mexico

    Insider

    Casita de cacti in Albuquerque Casita de Cacti in Albuquerque This southwestern townhome is filled with earth-toned decor and desert plants everywhere.

    Airbnb

    Book this Albuquerque house on Airbnb

    Typical starting price: $126

    Town: Albuquerque

    Sleeps: 4 guests/2 bedrooms 

    Rating: 4.9

    New Mexico's largest city in the high desert state is home to this townhouse, nicknamed "Casita de Cacti," filled with cacti and other desert plants. Red clay concrete floors, a gray stone fireplace, and natural woods are also incorporated to mimic the local landscape. 

    On the lower level of this two-bedroom, two-bathroom property an all-white, full kitchen opens up to the living room, which includes a contemporary couch upholstered in an orange-red velvet that faces accent chairs, a round pouf, and a transparent coffee table. The dining room flows nicely to the patio, where guests can relax on two circular lounge chairs. 

    The master bedroom has a Queen-size bed, ensuite bathroom, and a balcony that overlooks the backyard with a colorful mural.

    Secluded home near Santa Fe Secluded home in Ojo Caliente While staying here, take advantage of area spa offerings.

    Airbnb

    Book this New Mexico home on Airbnb

    Typical starting price: $192

    Town: Ojo Caliente

    Sleeps: 2 guests/1 bedroom 

    Rating: 4.9

    Ojo Caliente is north of Santa Fe and is a natural spa destination, known for its concentration of hot springs. Between wellness experiences, retreat to this home with a King-size, four-poster bed that looks out into the living room with a wood-burning fireplace.

    A four-person dining table is set behind the couch, and the marble-topped kitchen comes equipped with stainless steel appliances. 

    The bathroom includes a walk-in marble shower and plush Frette linens, and the covered backyard patio features a gas grill and chairs facing the mountains.

    Modern house in Taos The Modern Taos House in El Prado This modern bungalow is a summer and winter off-the-grid destination.

    Airbnb

    Book this New Mexico bungalow on Airbnb

    Typical starting price: $288

    Town: Taos 

    Sleeps: 6 guests/2 bedrooms 

    Rating: 4.99 

    Home to a World Heritage Site by UNESCO, Taos preserves a pueblo with the only living Native American community in the U.S. The high desert area on the outskirts of the Sangre de Cristo Mountains experiences scorching hot summers and snowy winters, making it a ski destination. 

    Whether you prefer the heat or cold, this off-the-grid luxury home is far enough away to feel totally secluded yet close to haunts like the Taos Mesa Brewery Mothership that's just two miles away.

    The 1,250-square-foot home has two bedrooms with King-size beds, two bathrooms, and a Queen-size sofa bed to comfortably accommodate up to six. In the living room, a brown leather couch and Papasan chair are arranged around royal blue ottomans in a modern, industrial setting. The kitchen includes a hand-polished concrete island and expands to the dining room table, which was custom-built to also function as a ping pong table.

    The home runs on rainwater and solar power, which is possible because Taos experiences 283 sunny days on average per year.

    Travel Hotel Reviews Banner Texas

    Insider

    Corte del Norte in Marfa Corte del Norte in Marfa This unique home is part of a three-home compound in the heart of this artsy town.

    Airbnb

    Book this Marfa house on Airbnb

    Typical starting price: $357

    Town: Marfa 

    Sleeps: 6 guests/2 bedrooms 

    Rating: 4.94

    The western Texas city of Marfa is an unexpected art hub. It draws travelers to pose in front of Prada Marfa, an art installation by artists Elmgreen and Dragset that depicts a life-size designer store replica in the middle of the Chihuahuan Desert.   

    Part of a three-home compound called Corte del Norte, "The Love House" accommodates up to six guests in an eclectic setting. Find Big Bend Coffee Roasters coffee in the kitchen's vintage cabinets, and in the dining room, rustic blue walls complement an expansive wooden table. A TV room is complete with a large couch, cowhide rug, and marble coffee table. 

    One bathroom stocked with Marfa brand soap is shared by two bedrooms with Queen-size beds and one daybed. The accommodations are quirky with accents by local artists, including a Woody Farris painting and a striped armchair by Constance Holt Garza.

    Luxury yurt in Terlingua Luxury yurt in Terlingua A luxury yurt that has a 360-degree view of the Chihuahuan desert and mountains.

    Airbnb

    Book this Texas yurt on Airbnb

    Typical starting price: $375

    Town: Terlingua

    Sleeps: 2 guests/1 bedroom 

    Rating: 5.0

    You'll find this luxury yurt near the entrance to Big Bend National Park in southwest Texas, which is part of the Chihuahuan Desert. Encompassing 573 square feet, this circular, permanent structure is sealed to protect from extreme winds or rain, and provides both electricity and running water during your stay. 

    The home boasts a King-size bed, a designer lounge chair and pouf, as well as a wood-burning fireplace and telescope. There's also room for a dining table with four chairs, and a full bathroom with a walk-in shower.

    Outside, plush Stori Modern furniture is set up on the deck for unobstructed, 360-degree views of the desert and mountains. Beyond is an outdoor campfire ring with two rocking chairs.

    FAQ: Staying in the desert When is the best time to visit a desert? 

    Plan a trip to the desert during the fall through spring in order to avoid extreme heat warnings. In summer, temperatures skyrocket well over 100 degrees Fahrenheit. In winter, temperatures can still dip low enough to spot snow on the mountains, too. No matter the time of year, evenings can feel brisk after the sun sets, so be sure to pack a jacket.

    How much does it cost to stay in the desert?

    Prices for Airbnb rentals in the desert will vary based on the location, the number of guests, and the time of year you plan to visit. During the off season in the summer, rentals can run cheaper than the more desirable months to visit in fall through spring.

    What is the best desert town to visit?

    When deciding which North American desert — Great Basin, Mohave, Chihuahuan, and Sonoran — to visit, choose to stay in a town that caters to your agenda: Joshua Tree, California, is an ideal hiking destination for the active traveler; Sedona, Arizona, is a retreat for the wellness-minded; Marfa, Texas, is perfect for the art enthusiast; and Taos, New Mexico, is attractive to those who want to go totally off-the-grid or ski. 

    Why vacation in the desert?

    Deserts offer stunning scenery and secluded stays, but there's also plenty to do beyond relaxing and disconnecting. When visiting a US desert, you can visit hiking trails, holistic spas, historic landmarks, art colonies, quaint downtowns, artisan shops, and so much more. Plus, you can enjoy stargazing at night without any light pollution in the sky.  

    Is Airbnb safe?  

    The CDC says fully vaccinated people can safely travel in the US.

    Additionally, medical experts say that private Airbnbs are safe, perhaps even more so than hotels because they minimize interactions with other people. Plus, Airbnb hosts are required to follow enhanced cleaning procedures.

    What should you look for in an Airbnb? 

    When choosing an Airbnb, similar to the criteria we set above, look for a listing by a Superhost with a high rating and positive reviews, participation in the Enhanced Clean program and the amenities you may need during your stay, like access to Wi-Fi, a washer and dryer, parking, a full kitchen, and more.

    When specifically looking for desert Airbnbs, think about booking close to a grocery store, or plan on stocking up on food and water prior to your arrival in order to enjoy the remoteness of the property. Also, be sure to ask your host about whether the property has air conditioning and how strong the cell service is before booking. 

    What is Airbnb's cancellation policy? 

    Each Airbnb property has a cancellation policy that's been implemented by the individual host, causing stipulations to differ from home to home. To learn more about Airbnb's cancellation policies, click here.

    More remote places to stay on Airbnb Private cabin with hot tub Next to Purg Resort colorado airbnb

    Airbnb

    Read the original article on Business Insider

    [Author: insider@insider.com (Alyssa Morlacci)]

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    Fri, 23 Jul 2021 12:48:24 +0000 BlogLikes - Find Most Popular Blogs Texas Colorado California Cdc US Los Angeles Trends New York Times Arizona Moab Paul Mccartney Marilyn Monroe Airbnb Las Vegas New Mexico Santa Fe Palm Springs Las Vegas Strip Albuquerque Scottsdale Marfa Phoenix Sedona Tucson Tulum Park Boulevard Death Valley National Park Palm Springs California Las Vegas Nevada Joshua Tree Joshua Tree National Park Mojave Desert Dean Martin Sedona Arizona Prada Marfa Elmgreen Dragset Ojo Caliente Taos Arizona Nevada Terlingua Marfa Texas Taos New Mexico Sonoran Desert Airbnbs National Forest Pappy Harriet Big Bend National Park Sangre de Cristo Mountains Pioneertown Texas Utah Saguaro National Park Joshua Tree California Western Town Colorado Desert Frontier Town Santa Fe While Las Vegas Take Stori Modern Airbnb s Enhanced Clean Alyssa Morlacci Joshua Tree Pioneertown Peter Strzebniok Pendleton Escalante Sonoran Desert While Yucca Room JTH Tucson Colorado National Monument Colorado Grand Mesa Casita de Cacti UNESCO Taos Taos Mesa Brewery Mothership Corte del Norte The Love House Woody Farris Great Basin Mohave Chihuahuan USThe Airbnb Joshua TreeSleeps Pioneertown Step Southwestern Moab Near Arches National Park Sonoran Desert Airbnb Book Sedona Bask Constance Holt Garza Luxury
    'Ted Lasso' is back for a second season - here's how to watch the Emmy-nominated series on Apple TV Plus http://feedproxy.google.com/~r/typepad/alleyinsider/silicon_alley_insider/~3/ZHAD81Lh0OQ/how-to-watch-ted-lasso When you buy through our links, Insider may earn an affiliate commission. Learn more.

    TedLassoAppleTVPlus Jason Sudeikis as Ted Lasso.

    Apple TV+

    • "Ted Lasso" is a sports comedy following the fictional British soccer team AFC Richmond.
    • The show stars former "Saturday Night Live" cast member Jason Sudeikis as the title character.
    • The second season premiered exclusively via Apple TV Plus ($5/month) on July 23.
    TV Plus Monthly Subscription (small)

    The second season of "Ted Lasso" premiered on July 23 exclusively on Apple TV Plus ($5/month). The show recently received 20 Emmy nominations, including lead actor in a comedy series for Jason Sudeikis' portrayal of the titular coach.

    The comedy series focuses on the fictional British soccer team AFC Richmond. Sudeikis stars as Ted Lasso, a football coach from Kansas City who is hired to lead the team despite having no experience with soccer. The team's owner, Rebecca Welton (Hannah Waddingham), hopes Lasso will run the team into the ground as part of a revenge plot she's hatched against her ex-husband, but the good-natured coach is more skilled than he first appears.

    The first season of "Ted Lasso" premiered in August 2020, and Apple has already renewed the series for a third season. Season two will include 12 brand-new episodes. The show received widespread critical acclaim, and both the first and second seasons are certified fresh on review aggregation website Rotten Tomatoes. Currently, season one holds a "91% Fresh" rating and season two holds a "100% Fresh" rating.

    In addition to Sudeikis' nod, the show received 2021 Emmy nominations for outstanding comedy series, directing for a comedy series, and writing for a comedy series. The show also received six nominations for actors and actresses in supporting roles.

    How to watch 'Ted Lasso'

    You can watch the second season of "Ted Lasso" exclusively on Apple TV Plus. The season premiere debuted on July 23, and new episodes are expected to arrive weekly every Friday. In addition, all 10 episodes of the show's first season are available to stream right now.

    Apple TV Plus costs $5 a month for access to all of the platform's exclusive streaming shows and movies. New members can get a free seven-day trial to test the service.

    People who purchase select Apple devices can take advantage of a free three-month subscription, and PS5 owners can get a special deal for a six-month trial. College students can bundle Apple TV Plus with Apple Music for just $5/month.

    You can access Apple TV Plus on most media devices and smart TV brands, including Apple TV 4K, Roku, and Fire TV.

    TV Plus Monthly Subscription (small)

    Apple also bundles Apple TV Plus with other services as part of its Apple One platform. The base package includes Apple TV Plus, Apple Music, 50GB of iCloud, and Apple Arcade for $15 a month. Other plans include more iCloud storage and - if you pay $30 a month - you can get Apple News Plus and Apple Fitness Plus, as well.

    New Apple One members can get a free one-month trial for any services they haven't signed up for before. If you're interested in any of Apple's other services, Apple One is a better deal compared to Apple TV Plus on its own.

    Subscription (small) Read the original article on Business Insider

    [Author: insider@insider.com (Ben Blanchet,Reece Rogers)]

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    Fri, 23 Jul 2021 12:42:17 +0000 BlogLikes - Find Most Popular Blogs Reviews Apple Comedy TV Television Entertainment Trends Tech Streaming Kansas City Jason Sudeikis Lasso Sudeikis Tech Insider How To Watch Ted Lasso Insider Picks Apple News Plus Apple TV Plus Product Card Tech & Electronics (Reviews IP Tech Streaming (Reviews IP Streaming Insider Reviews 2021 Ted Lasso Apple AFC Richmond Ben Blanchet Reece Rogers AFC Richmond Sudeikis Rebecca Welton Hannah Waddingham Ted Lasso You
    New drone footage shows deadly floods devastating China's "iPhone city" http://feedproxy.google.com/~r/typepad/alleyinsider/silicon_alley_insider/~3/fzko0qEkxUA/floods-in-china-iphone-city-zhengzhou-drone-video-2021-7 People wade across a flooded street following heavy rains which caused flooding and claimed the lives of at least 33 people earlier in the week, in the city of Zhengzhou in China's Henan province on July 23, 2021.

    Photo by NOEL CELIS/AFP via Getty Images

    Floods devastated China's Henan province this week after eight months' worth of rain fell in just 24 hours during a storm that publications are calling a "once in a thousand-year event" that left "scientists stunned."

    The extreme flooding in China killed 33 people and displaced hundreds of thousands more as residents were evacuated by rescue teams across the region. Historic floods also damaged several communities in Europe, with more than 200 people killed.

    New drone footage from the BBC shows the flooding's impact in Zhengzhou, a factory town known as "iPhone City." An estimated 350,000 residents are employed here at the world's largest iPhone-assembly plant, which produces almost half of Apple's most popular products. Many of the workers live on factory campuses.

    Last week, Apple CEO Tim Cook said on Twitter that the company "will be donating to support relief efforts" in Germany, Belgium, and Western Europe. Apple did not immediately respond to Insider's request for comment on how it is responding to the flooding in China.

    The Zhengzhou iPhone factory is operated by Foxconn Technology Group, a company based in Taiwan. Foxconn did not immediately respond to Insider's request for comment.

    Foxconn told The Wall Street Journal that it implemented a flood control emergency response plan. According to the Journal, water entered the factory and the power went out - other than that, the facility has not been impacted by the flooding.

    -Tim Cook (@tim_cook) July 16, 2021

    Tragic videos show people stranded inside Zhengzhou's flooded subway system, where 12 people died. Footage of rescue workers saving a 4-month-old baby girl has gone viral in China, the BBC reported on Friday. Nearby, the infant's mother was found dead, "frozen in a position that seemed like she was lifting something up."

    Experts say that the extreme weather taking place across the world this week is a consequence of the climate crisis. According to Apple's most recent environmental report, the company is transitioning its entire manufacturing supply chain to 100 percent renewable electricity by 2030, including suppliers like Foxconn.

    Read the original article on Business Insider

    [Author: htowey@insider.com (Hannah Towey)]

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    Fri, 23 Jul 2021 12:41:27 +0000 BlogLikes - Find Most Popular Blogs Apple Europe News Climate Change China Trends Bbc Taiwan Tim Cook Flooding Wall Street Journal Foxconn Journal Afp Foxconn Technology Group Henan Province Zhengzhou Henan Germany Belgium Getty Images This Tech Insider Noel Celis Hannah Towey Western Europe Apple
    8 of the best places to buy men's T-shirts, from everyday basics to performance undershirts http://feedproxy.google.com/~r/typepad/alleyinsider/silicon_alley_insider/~3/eEvCIJFfBBQ/best-t-shirt-men

    Everlane

    Table of Contents: Masthead Sticky
    • T-shirts are one of the cornerstones of a wardrobe, no matter how fancy or basic they may be.
    • There are many options to choose from, so we've narrowed it down to the best in every category.
    • Everlane's Organic Cotton Crew is the best overall because it's affordable and backed by a warranty.

    If you take a look at anyone's wardrobe, you're almost guaranteed to find a few T-shirts. As a quintessential item for all, T-shirts are readily available from just about every clothing company. With a countless number of tees readily available, you might be wondering why you'd need a guide to make a decision, but that's exactly why. We decided to cut through the seemingly endless options to narrow it down to the absolute best ones.

    Whether you're searching for a stretchy moisture-wicking T-shirt to work out in, a comfort T-shirt for working from home and lounging, or low-cost T-shirts to stock up on, you'll find it here. I've selected five of the best T-shirts based on the many brands I've personally tested or bought over the years. You'll find picks for comfort, affordability, undershirts, working out, and the best overall.

    It's also worth noting that while all the T-shirts listed below are in men's sizing, anyone can wear them. If you're unsure of which size fits you best, check each brand's size chart for more details. Speaking of fit, the styles below are what the industry calls "men's t-shirts." What qualifies as a "men's t-shirt" has everything to do with sizing and fit. These tend to be boxier, broader, and longer than tees that were made for women. If you're looking for something shorter and more fitted, check out our guide to the best women's T-shirts.

    Here are the best places to buy men's sized T-shirts in 2021: Everlane Everlane Uniform Tee

    Everlane

    As part of the Everlane Uniform collection, the Organic Cotton Crew Tee is backed by a one-year warranty and comes in a handful of colors.

    Sizing options: XS-XXL, runs true to size

    The T-shirt is quintessential to casual style, so there's a good chance you already wear one on a regular basis — sort of like a uniform.

    Everlane created the Uniform Collection to make getting dressed feel more effortless. Among those styles is the Organic Cotton Crew Tee, which is easily the best T-shirt on the market.

    During the design process, Everlane put the Organic Cotton Crew Tee through 25 wash cycles, three tests for fading and pilling, and six measurements for shrinking to make sure it can withstand constant wear.

    To fully stand behind the quality, the Organic Cotton Crew and everything else in the Uniform collection is backed by a 365-day guarantee. If it shrinks, rips, fades, or does anything else that compromises the original quality, Everlane will replace it for free. 

    Aside from the quality, the variety makes these tees good for any wardrobe. There are more than 10 colors to choose from, and you can also choose from styles that have a pocket or a V-neck. They're fairly inexpensive at $18 for one, or $45 for three ($15 each), so it's easy to stock up on multiple of your favorite or most-worn colors.

    Read my full review on the Everlane Uniform collection

    What to buy:

    The Organic Cotton Crew (small) Rhone Rhone Reign T-shirt

    Rhone

    Built for performance, the Rhone Reign T-shirt will keep you cool, dry, and comfortable during your workouts.

    Sizing options: S-XXL, runs true to size

    Rhone is one of the leading startups in the athleisure menswear space, so it's no surprise they've figured out how to make a really good T-shirt. The brand offers a decent selection of performance T-shirts, some specifically for sports like running, but the Reign T-shirt is its best for all-around performance. 

    The brand doesn't make mention of the T-shirts being stretchy (I guess at this point, it's pretty much expected from any performance gear), but its blend of nylon, polyester, and spandex material does have an impressive amount of stretch. The material is also moisture-wicking and features GoldFusion technology to fight body odor. 

    I use my Rhone T-shirts exclusively for the gym, and I've found the GoldFusion technology to be effective. This is an important feature for me because washing my gym clothes after one wear is simply unrealistic. The shirt also has built-in UPF 50+, so you're getting extra sun protection for your outdoor workouts and activities too. 

    When I do wash my Rhone shirts, they come out of the washer and dryer in perfect condition. At this point, Rhone shirts have been in my gym rotation for about two years, and I've yet to experience fading or shrinking — and at $68 each, that type of quality is expected.

    Aside from the stellar quality and fit, I really appreciate the quotes that Rhone incorporates into its shirts. The bottom of the hem on the Reign T-shirt reads, "While living I want to live well." It's a nice touch for people who are working to reach their goals and could use some extra inspiration.

    Again, at $68, this shirt is expensive, so I'd suggest going with a cheaper option if you only need something to wear casually or to lounge in. 

    What to buy:

    Reign Classic Short Sleeve (small) Brooklinen Brooklinen Prospect Tee

    Brooklinen

    The Brooklinen Prospect Tee is so soft and comfortable, you won't want to take it off.

    Sizing options: XS-XXL, runs true to size

    Before testing the Brooklinen Prospect Tee, I wasn't expecting to have such a positive experience with it. Just about any T-shirt can be considered comfortable to some degree, so I figured Brooklinen's wouldn't be much different. After all, it is just a T-shirt. 

    But as soon as I put it on, I was proven wrong. The Prospect Tee is super soft and has a slightly relaxed fit that makes it especially comfortable to wear. I originally wore it around the house and then to bed since Brooklinen technically considers it loungewear, but I've also worn it quite a few times outside. Don't let the word "loungewear" trick you into thinking you can't wear this T-shirt in the real world, because you absolutely can. 

    Brooklinen says that each piece undergoes five separate quality-control checks to ensure it won't warp, shrink, stretch, sag, or pill, and so far I've found that to be true. My Prospect Tee, as well as the Bergen Joggers (a pair of lounge pants I've also tested from Brooklinen), have held up amazingly in the wash. Both pieces are just as soft as the first time I wore them.

    If you prefer a V-neck, the York Tee has all the same great features. 

    Read our full review on Brooklinen loungewear.

    What to buy:

    Prospect Tee (small) Tommy John Tommy John Undershirt

    Tommy John

    Tommy John is unlike any other undershirt on the market — in a good way. The collar stays flat, it fits closely to your body, and never comes untucked.  

    Sizing options: S-XXL, fits snug, but as an undershirt, that's how you want it to fit. 

    Tommy John started with the mission to bring men's undergarments into the 21st century and its undershirts are, in my opinion, the best example of how it's doing that.

    To be completely honest, I gave up on T-shirt-style undershirts a long time ago because they're almost always ill-fitting at the collar, the sleeves become loose, and they rarely stay tucked in. To put it plainly, they look sloppy.

    Tommy John's undershirts are the complete opposite. They're close-fitting, but not tight, long enough to stay comfortably tucked into your pants, and they almost disappear underneath your top layer of clothes.

    While browsing, you'll find that Tommy John undershirts are available in two materials — Second Skin and Cool Cotton. I've tried both and I can't say one is better than the other; it really depends on what you look for most in an undershirt, whether that's softness or breathability.

    I especially like Tommy John's undershirts instead of basic tank tops when I'm wearing dress shirts. They're more comfortable (which is important when you're already wearing not-so-comfortable dress clothes), they help prevent sweat stains on the armpits, and they're a lot less visible if you're wearing a white or light-colored shirt.

    Read my full review on Tommy John undershirts.

    Second Skin Crew Neck Stay-Tucked Undershirt 2.0 (3 pack) (small) Uniqlo Uniqlo Packaged Dry T-Shirt

    Uniqlo

    If you simply need a good T-shirt without spending a lot of money, Uniqlo's Dry Crew Neck T-shirts are the way to go. 

    Sizing options: XXS-3XL. Fits true to size. Size up for a more relaxed fit.

    Uniqlo's Dry T-shirts are far from the brand's best-made T-shirts (check out the Uniqlo U Collection if you want higher quality), but they're still essentials in my wardrobe. 

    I love them because they're affordable enough that you can stock up on a bunch of colors. You never know when you're going to need a T-shirt in a specific color, so you can buy all of your favorites and have them on deck. 

    Something to note is that they come folded and packaged (hence the name), so you'll want to quickly hit them with a steamer to get rid of the creases. 

    In my experience with Uniqlo Dry Packaged T-shirts over the years, I have seen fading, shrinking, and pilling after a decent amount of wears, washes, and dry cycles, but I didn't mind. By the time they were worn out, I felt like I had gotten my money's worth.

    If you like to buy a T-shirt and wear it repeatedly — not sparingly — then I'd recommend a higher quality pick, but these will certainly get the job done.

    What to buy:

    Dry Color Crew Neck Short-Sleeve T-Shirt (small) Cuts Clothing Cuts Clothing

    Cuts Clothing

    The T-shirts from Cuts Clothing are soft, fitted in the right places, and come in a variety of fashionable hem styles and colors.

    Sizing options: S-XXL. Shirts have a close-to-body fit, but they are true to size.

    As the self-proclaimed makers of "the only T-shirt worth wearing," I had pretty high expectations before trying the shirts from Cuts Clothing. But, they ultimately lived up to the hype.

    Founded in 2016, Cuts Clothing was created for men looking for high-quality clothing that could be worn anywhere. Most T-shirts are more or less the same, but Cuts Clothing's T-shirts have notable differences that give them a unique and elevated feel.

    The shirts use the brand's proprietary custom-engineered material, which is just as soft and stretchy as some of the best performance gear I've worn. What makes the shirts special is the contemporary cuts and colors available.

    You can choose between fitted or regular; crewneck, V-neck or henley; regular, split, rounded or elongated hems. I had the opportunity to try the crewneck with every hem style and I enjoyed being able to create different looks.

    In addition to the great assortment of shirt styles, Cuts is also known for its contemporary colors. You'll always find basic colors like black, white, and grey, but the brand also offers out-of-the-norm colors like Red Rum and Laurel Oak. 

    If you like to get dressed with a bit more consideration than whether your T-shirt is clean and if it matches, then Cuts Clothing is a great option.

    What to buy:

    T-Shirts (small) Carhartt Carhartt

    Carhartt

    Designed as workwear, Carhartt T-shirts are roomy and extremely durable.

    Sizing options:  Standard sizes are S-2XL, Big and Tall sizes are 3XL-5XL and Large Tall-4XL Tall

    Carhartt is one of the most popular outdoor workwear brands and its T-shirts are a brand staple. They're designed to be durable enough to withstand the rigors of hard work, but they're also more than capable of being a long-lasting casual piece. 

    Whether you decide to wear it for hard labor or casually, you'll get far more wears and washes out of any Carhartt T-shirt compared to other options.

    The brand has one of the most inclusive size ranges and the shirts are designed to be roomy for a comfortable fit. If you prefer a more fitted T-shirt, it's recommended to go down a size or pick a slimmer T-shirt altogether.

    Most of Carhartt's T-shirts feature a left chest pocket, which is equally good for utility and style. You'll also find plenty of color options. 

    What to buy:

    Men's Loose Fit Heavyweight Pocket T-Shirt (small) Tomorrow's Laundry Tomorrow's Laundry

    Tomorrow's Laundry

    Tomorrow's Laundry is a subscription box that will fill your closet with high-quality T-shirts in both staple and unique colors.

    Sizing options: S-2XL. Runs true to size.

    Tomorrow's Laundry is a new subscription box that helps people fill their closets with stylish T-shirts that are built to last. 

    For $68 per month, you'll receive one or two items, but you can also shop a la carte with T-shirts starting at $60. The subscription is definitely the more valuable option between the two, but being able to pick specific styles makes shopping outside of the subscription a good choice in some cases.

    Although there are more affordable options on the market, the quality doesn't disappoint. I've washed and worn all of my shirts from Tomorrow's Laundry multiple times and they all look just as they did when they were new. I haven't experienced color fade, shrinking, or pilling.

    Monthly Subscription (small) Check out our other men's style guides best shorts

    Bonobos

    Read the original article on Business Insider

    [Author: aismael@insider.com (Amir Ismael)]

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    Fri, 23 Jul 2021 12:36:07 +0000 BlogLikes - Find Most Popular Blogs Reviews Style Clothing Trends Features Buying Guide Men Uniqlo Everlane T-shirt Don Rhone Tommy John Brooklinen Men's Clothing Insider Picks Brooklinen Brooklinen Amir Ismael Style (Reviews Product Card IP Style Insider Picks Guides Guide Update Everlane Uniform Rhone Reign T Brooklinen Prospect Tee Prospect Tee Laurel Oak Tommy John Tommy John Tommy John Insider Reviews 2021 Organic Cotton Crew Tee Bergen Joggers York Tee