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Multiple shootings on Water Street, near Deer District Friday night injure 21 people

About 21 people were injured Friday evening as a result of a string of shootings on North Water Street and near the Deer District in downtown Milwaukee, just hours after the ending of Milwaukee Bucks playoff game against the Boston Celtics, which drew a sell-out crowd of nearly 18,000 fans and thousands more packed the area around the arena......»»

Category: topSource: bizjournalsMay 14th, 2022

Chicago Residents Fight To Reclaim Streets From Illicit Drug Dealings

Chicago Residents Fight To Reclaim Streets From Illicit Drug Dealings Authored by Cara Ding via The Epoch Times, Over the last four years, Patricia Carrillo and her husband Hugo Limon have done everything they could to steer drug sellers away from their block. They took pictures of illicit drug dealings and shared them with police, they mustered the guts to meet with drug crew bosses, and they went to court to plead with judges to lock them up. Their initiative annoyed some sellers, who threatened to harm them should they continue fighting, yet they did not back off. Hugo Limon (left), Hugo Limon Jr., and Patricia Carrillo stand on their block in the Humboldt Park neighborhood on the West Side of Chicago, Ill. on April 11, 2022. (Cara Ding/The Epoch Times) Over time, neighbors began to pitch in, and things started to turn. Slowly, drug sellers dwindled in numbers and retreated to street corners. “So many people told me that if I didn’t like it here, I should just move out. I was like, ‘No, this is my neighborhood, this is my home. Why should I move out, not those guys?’” Carrillo said. Since Carrillo got married to Limon about 20 years ago, they have lived on the 1100 block of Monticello Avenue, in the West Humboldt Park neighborhood, on the West Side of Chicago. The block used to be heavily African American. Now, eight out of ten residents are Hispanic. Illicit drug dealings have always been an issue. At the worst point, sellers operated a drive-through right in front of their apartment, and Limon had to push his way through just to reach their gate. Two sellers stand on the corner of Division Street and Monticello Avenue, the northern end of Carrillo’s block, on April 11, 2022. (Cara Ding/The Epoch Times) When sellers concluded business for the day, they left behind garbage, urine, and feces. Occasionally, they left behind condoms, too. There used to be a McDonald’s, a CVS store, and a Dunkin Donut store just around the corner, but one by one they closed or relocated. “They were in the McDonald’s parking lot so customers could get meals and drugs at the same time. It was really really super bad,” Limon said. But what bothered them most was that sellers consistently peddled weed to their two sons. Their older son, Hugo Limon Jr., even got invitations to join the drug crew. “It is obviously up to you if you want to be committed and addicted to that. If you choose to do that, then that is your fault, and that is you giving up essentially,” Limon Jr. said. He said his parents helped him to tell right from wrong, but some of his friends were not so lucky. Their parents were mostly absent, or worse, abusive. Six of his friends, all high schoolers, have joined gangs and sold drugs on the streets. That is often a dead-end route, Limon Jr. said. He saw one of his friends shot multiple times after getting into an altercation with rival gang members. Hugo Limon Jr. plays basketball on a mini court inside a community garden on his block in the West Humboldt Park neighborhood of Chicago, Ill. on April 11, 2022. The garden turns muddy after rain and he covers the ground with planks before playing. (Cara Ding/The Epoch Times) For a long time, Carrillo and Limon had hoped the police would solve the problem. After all, by law, what these sellers were doing was illegal. They called police at the 11th district station, attended community meetings to speak with beat officers, and they sent pictures of illicit drug dealings to a sergeant at the Narcotics Division. But they said the answer they got was almost always, “Sorry, but there is nothing we can do.” For these types of crimes, police must catch them in action, which was hard to do, they were told. Or police could search a person based on reasonable suspicion that he has committed a crime—but many officers were wary of doing this for fear of potential civilian complaints or civil rights lawsuits, a police source told The Epoch Times. A lot of times, police could only catch them with simple drug possession, not with the intent to distribute. After all the hustles of arrest, paperwork, and jail booking, the cases would be quickly dismissed by prosecutors, or later tossed out by judges, police told them. “Why bother doing all this if they will be out in hours?” police told them. A Chicago police officer conducts a traffic stop at the corner of Division Street and Monticello Avenue in the West Humboldt Park neighborhood on the West Side of Chicago on April 11, 2022. (Cara Ding/The Epoch Times) But Limon thinks there are still things that police can do better. He said the local police station once detailed a squad car to the station near the drug spots, in the hope to deter illicit drug activities. But he often saw a police officer dozing off or looking at the phone in the car. “Nobody put a gun to your head for you to choose this job. So if you are going to do this career, at least do your best,” Limon said. The Chicago Police Department told The Epoch Times in a statement that they do not discuss specifics of policing, including deployment and patrol strategies, out of an abundance of safety and caution. Out of options, Limon and several neighbors arranged a meeting with one of the drug crew bosses. They told the boss, “Stay away from my property, stay away from my kids.” The boss replied, “I don’t really care. I want to work my [expletive] off and I don’t care.” The West Side of Chicago has long been a drug epicenter. Addicts from across the metro area drive via highway I-290 to its open drug markets to get fixes. Then the boss asked, “What else do you want me to do?” Limon and neighbors told him to clean up the place after his sellers left for the day. So for a while, the boss hired someone to clean up the block every day. A picture on the fence of the community garden shows the lot was littered with garbage before neighbors cleaned them up in 2019. (Cara Ding/The Epoch Times) The boss also offered to pay $300 to rent a bouncy house for a block party, but Limon refused. “If we accepted his money, he would think his sellers could stay here. So I said, ‘No, no, we don’t want your money, we want you to get out of here, and we are going to continue fighting’,” Limon said. Some of the sellers got annoyed and told Limon to his face, “I know where you live. I know where your kids live. If you don’t stop, we are going to kill you.” But Limon was undeterred. He said he talked to them just like a human being talks to another human being. “They are people, though they are people doing really dumb things, and I don’t agree with it,” Limon said. At the time, he was working two jobs, sometimes sleeping for only three hours a day. To help her husband, Carrillo gradually took over some work, including emailing pictures to police officers. Carrillo, an immigrant from Mexico, spoke almost no English at the time. But the desire to better her block helped her overcome the language barrier and a shy character, she said. Anna Quines, one of Carrillo’s neighbors, said on April 11, 2022, that the block had become better over the years because of Carrillo’s work. (Cara Ding/The Epoch Times) n 2019, Carrillo was knocking on neighbors’ doors to get everyone on board. “This is a bad neighborhood because we allow it. We need to stay together, we need to stay stronger,” Carrillo told them. Some asked her to not bother them. Others told her, “This is West Side. What do you expect?” Carrillo carried on. She led committed neighbors to clean up a vacant lot where sellers often hung around. They turned it into a community garden, with a mini basketball court, Mexican-style ground oven, and sitting areas. She also led regular clean-up efforts, so the block was nice and neat; she held regular safety walks with police officers, so they knew what was happening on the block; and she talked to police captains, superintendent David Brown, and Chicago Mayor Lori Lightfoot. Gradually, more and more neighbors pitched in. “The sellers were like, ‘Okay, now I had the whole block against me,” Limon said. Slowly, they dwindled in numbers, and retreated to street corners, according to Carrillo. It was not clear if other factors were also responsible for the ebb and flow of illicit drug dealings on her block. While Carrillo was making all these changes, another set of changes was also taking place in the criminal justice system. In January 2020, Illinois legalized marijuana. Though it is still illegal to sell marijuana on the street without a license, the law further disincentivizes police to arrest weed peddlers, Limon said. Soon the pandemic hit, court capacity dropped, and Cook County State’s Attorney Kim Foxx temporarily halted prosecutions of low-level drug offenses. Foxx said by doing that her staff could focus more on violent crime. Until this day, Foxx has not officially suspended that policy. In other jurisdictions, such as Baltimore, similar pandemic non-prosecution policies were later made permanent. These changes reflect a wider trend in the criminal justice system to decriminalize drug possessions and divert people to social service programs. Common theories driving the trend are that drug arrests fail to address the root problems and disproportionately hurt black people. A recent investigative piece by Chicago SunTimes and Better Government Association argues that drug arrests caused people to lose jobs, housing, and family ties; they also cost taxpayers millions. A Black Lives Matter mural next to Hugo Limon’s block in the West Humboldt Park neighborhood on the West Side of Chicago on April 11, 2022. (Cara Ding/The Epoch Times) But Limon asked, what about the cost to me and my family? “Kim Foxx can go as far as she wants, but she doesn’t live here for 20 years. You can’t live here for 20 years and then you told me that you are going to go low on these guys,” Limon said. Carrillo requested a meeting with Foxx but has not heard back from her office yet. The Epoch Times did not receive a comment from Cook County State’s Attorneys’ Office by press time. In recent months, Limon and Carrillo notice more sellers have moved back onto the corners of their block. The sellers also travel through their block more often. One night, Carrillo heard multiple rounds of shootings from her apartment. A seller walks on Patricia Carrillo’s block in the West Humboldt Park neighborhood in Chicago, Ill. on April 11, 2022. (Cara Ding/The Epoch Times) Limon and Carrillo said they would not stop fighting. Recently, they became court advocates, going to court and talking to judges about the harm these sellers have caused to their neighborhoods. First, they would get a list of cases from the Cook County State’s Attorneys’ Office. After that, they have a way to identify defendants who sold drugs on their block. Then, they attend related court hearings to plead with judges to lock them up or put them away longer. “I said, ‘Look, judge, he got a gun case, he got a robbery, his rap sheet is so long, perhaps this time you should let him do some time,” he said. But ultimately, it is up to judges to decide. They also plan to ask judges to issue restraining orders against some sellers, essentially banning them from selling drugs on their block. Hugo Limon holds his court advocate card while sitting in the community garden on his block on April 11, 2022. (Cara Ding/The Epoch Times) Some states’ attorneys warned Limon and Carrillo about coming to court. The defendants or their associates might retaliate against you or your family, they told the couple. “I am not afraid,” Limon said. “We are in the block fighting, and now we are in the court fighting.” Tyler Durden Wed, 04/20/2022 - 18:30.....»»

Category: blogSource: zerohedgeApr 20th, 2022

Will the Pornhub mansion fire ever be solved?

A year later, the fire that engulfed the $16 million Montreal mansion of Pornhub CEO Feras Antoon remains unsolved. Feras Antoon's multi-million dollar home in the Ahuntsic-Cartierville section of Montreal on the night of the fire.Stéphane Grégoire/Radio-Canada On April 25, 2021, a $16 million Montreal mansion belonging to the CEO of Pornhub went up in flames. The fire remains under investigation, and no one has been charged.  By his own admission, CEO Feras Antoon has scores of enemies—complicating the investigation. Last April 25, just before midnight, beneath a nearly full moon, two figures were spotted on the construction site of a massive, nearly-completed mansion on the edge of a suburban Montreal nature park.The hulking structure, two grinding years of construction in the making, was so large that a local newspaper called it "pharaonic." Plans called for eight bedrooms, seven baths, multiple elevators, a piano suite, an art gallery, a spa, and a sports complex that doubled as a grand ballroom.In minutes, the mansion was ablaze. Neighboring homes in the affluent Ahuntsic-Cartierville community were evacuated, their occupants hustled away in pajamas. Eighty firefighters battled the three-alarm blaze well into dawn. Investigators quickly determined the fire's source and within hours the incident was designated a criminal arson, according to a Montreal Police spokesperson. A year later, no one has been charged, and investigators say, in all likelihood, that no one ever will be. ("The investigation into this criminal arson is still ongoing," a spokesman said last week.) Fingers have been pointed in all directions and nearly every element of the crime remains shrouded in mystery. One reason for this comes down to the dizzying array of possible motives. That's because the mansion's owner, Feras Antoon, the CEO of Pornhub, was one of the most despised men in Canada, and beyond. Complicating things further is the fact that arson is a notoriously difficult crime to prosecute: because fire often destroys the evidence necessary to prove an ignition source and tie a suspect to the crime. Between 2016 and 2020, only 10.1% of arson investigations in Canada resulted in arrests, according to government statistics. "At the end of the day, this is one of the easiest crimes you can commit," said Glenn Corbett, associate professor of fire science at John Jay College in New York. Sudden scrutiny At the time of the fire, Antoon—who co-founded Pornhub's parent company, Mindgeek, in 2007—was tumbling through a bruising season of public relations disasters, investigations, lawsuits, and death threats. "I can't even count how many comments I saw from people saying to burn the company or my house down,"Antoon told Vanity Fair earlier this year. "For a while, it was easy to dismiss the tweets as just people on the internet talking. Then my house burned down."For nearly two years, victims of child porn, revenge porn, rape and sexual assault had been coming forward to say that Pornhub had ruined their lives. Many described the same harrowing one-two punch: First, learning that their sexual assault (or in some cases their private, consensual sexual encounters) was streaming on Pornhub. Then, being repeatedly ignored or rebuffed when they demanded the videos be taken down. Months of social media campaigns, news probes, and civil lawsuits against Pornhub had reached a fever pitch by December 2020, when New York Times columnist Nicholas Kristof published a scathing portrait of the company. Kristof charged that Pornhub was "infested with rape videos [and] monetizes child rape, revenge pornography, spy cam videos of women showering, racist and misogynist content, and footage of women being asphyxiated in plastic bags." In a statement released in response to the Kristof's reporting, the company said that "Pornhub is unequivocally committed to combating child sexual abuse material, and has instituted a comprehensive, industry-leading trust and safety policy to identify and eradicate illegal material from our community." The company added that any assertion that the company allows child videos on the site "is irresponsible and flagrantly untrue."Feras Antoon's mansion on Jean-Bourdon Avenue on an April night in 2021.Stéphane Grégoire/Radio-CanadaMastercard, Visa and Discover all cut ties, and under enormous public pressure, Pornhub deleted all non-verified user-uploaded content—80% of its library. It also promised it had significantly improved its auditing and moderation software and staffing levels. (Pornhub no longer allows unverified users to upload X-rated content, according to company news releases.)  In February 2021, Antoon and Pornhub's COO were summoned to testify before the Canadian House of Commons' ethics committee, part of five months of hearings into the business practices of Pornhub and its parent company, MindGeek.For all Antoon's notoriety and wealth—he reportedly tools around Montreal in a bright yellow Lamborghini with vanity plates—the controversial porn king has gone to great lengths to protect his own privacy. He rarely speaks in public, instead communicating through press releases. The hearings marked the first time many longtime critics of Pornhub had ever seen Antoon's face. "We are very proud that we built a product that gets 170 million people visiting a day, four million Canadians, 30% of them women," Antoon said, referring to Pornhub. "Don't you believe if those four million Canadians who come to our site every day saw something so heinous and criminal, they would be calling the police?" Antoon continued, according to a transcript of his testimony. "We created a very good product that I and our 1,800 employees who have families and children are proud of. It is not perfect."Two weeks before the fire, with the Pornhub hearings dominating Canadian headlines, Vice published a piece focused on far-right extremists' calls on alt social platforms like Gab for violence against company executives. The piece was headlined, "The Crusade Against Pornhub is Going to Get Somebody Killed."On April 22—three days before the fire—the mansion went up for sale for close to $16 million.Repeated attempts to reach Antoon and other Pornhub executives through Pornhub's public relations liaisons were unsuccessful. A company official who identified himself only as Ian and used a Gmail account did not respond to written questions about the fire or claims made about the company. A 'Tube' site revolutionBut where did Pornhub come from, and why was it so loved but also so hated? Almost immediately after YouTube debuted in 2005, a flurry of knock-offs—then known as "Tube" sites—began popping up. Along with a few friends, Antoon and a few college friends at Montreal's Concordia University launched a series of X-rated Tube sites that encouraged users to upload and share videos. "Suddenly porn went from being something people would happily pay an inflated price for to something that people would not pay anything for," said Lux Alptraum, a veteran writer and podcaster on the porn industry.   As the deluge of pirated porn flooded to Pornhub and other Tube sites, traditional porn sites saw their revenue streams dry up. Once they began to fail, MindGeek eventually became the dominant player, Alptraum said. Pornhub, the most successful of the Tube sites, became the crown jewel. "It cannot be stressed enough that these [other tube] sites were built on pirated content," Alptraum said. "It wasn't that they were creating their own content or relying on amateur content. They were allowing users to steal content from other sites and upload it."A PornHub logo is seen displayed on a smartphone screen on March 16, 2022.Nikolas Kokovlis/NurPhoto via Getty ImagesWhile critics contend that Antoon and fellow MindGeek executives built their empire on aggressive tactics, they were also seen, even grudgingly by some, as innovators.  In 2019, a pair of prominent U.S. law professors published a paper in the New York University Law Review contending that MindGeek was on "the leading edge of data-driven creativity," and had grown more adept at data crunching and fine-tuning user experience algorithms than even Netflix.'Sick to my stomach'Around the time construction began on Antoon's mansion in 2018, strange things had begun happening to Vicky Galy, a 34-year-old paralegal more than 11,000 miles away in Hendersonville, Tennessee.People she met on the street would insist they knew her from somewhere, but from precisely where they could never recall. Strange men sat in parked cars outside her home. A new male friend on Facebook made sudden, indiscreet sexual overtures.A single mom raising a teenage son and a daughter with Down syndrome, Galy said she had made some bad decisions regarding men she met online. One of them, she said, would often record their sexual encounters, with or without her consent."There were three kinds of videos he made of me," she recalled with a sigh when we spoke. "At first, he would pull out his phone on me" during sexual encounters. "The second kind were hidden camera video during our consensual sex. The third kind were made on a trip to Vegas where I was either drugged or intoxicated." As she would later testify in February, during the Pornhub hearings, Galy told me she was floored one day to learn that at least 30 of those videos were circulating on Pornhub under some variation of her name "Vicky." (Galy was one of numerous Pornhub victims who testified before Canadian lawmakers earlier this year.) "To think of the amount of money that Pornhub has made off my trauma, date rape and sexual exploitation," Galy told lawmakers, "makes me sick to my stomach."Another was Serena Fleites, who brought several lawmakers to tears when she told them about how she had developed a crush on an older boy in eighth grade and how he begged her to send him a nude video of herself and she ultimately complied, only to learn the boy had uploaded it to Pornhub and shared it with his classmates.Victim testimony from Fleites, Galy and several women identified as "Jane Does" directly contradicted Pornhub executives' claims that the site responds swiftly to takedown requests and works diligently to remove child pornography. For some victims, like Galy, feelings of frustration and embarrassment were compounded by outrage upon learning that both her alleged abuser and Pornhub were profiting from the scheme. She said she went to the police, but that they didn't believe her. She contacted local law firms to help her sue, but each wanted a $10,000 retainer, she said, and besides, she said, "no one wanted to sue him because he was worth nothing anyway." She cut five inches from her hair and dyed it brown so she wouldn't look like the woman people recognized from the Pornhub videos, took a leave of absence from work, and she and her children moved in with her mother.  'Not having people believe me was the hardest part of this whole thing," she said. "I had a sergeant tell me, 'I'm not going to have my detectives sit and watch porn all day.'"Galy was also contacting Pornhub's legal department to get the videos taken down. "They mostly ignored me, and then kept insisting it wasn't me," she said. Two days before the Canadian hearings began, Galy said, she received an email from Pornhub's legal director saying they would delete the account."That was the happiest day of my life," Galy said. "I didn't know then that there were hundreds more videos on other sites. With some of them there's not even a way to report [an unauthorized] video like this, so I'll really never be able to get these videos down completely."  A protester holds a placard during a demonstration following the blocking of the adult website Pornhub outside the Ministry of Digital Economy and Society in Bangkok.Yuttachai Kongprasert/SOPA Images/LightRocket via Getty ImagesMafia RowDuring the same two years leading up to the hearings, Antoon had been quietly overseeing the construction of a massive mansion for himself and his wife and two children on a prime tract of land that bordered a cherished nature park. According to Vanity Fair, the property was within walking distance from where Antoon grew up.  Located on the northern edge of Montreal, the spot had a fraught history even before Antoon became involved—first as the site of a notorious Gangland assassination, and then as a front line between environmentalists and developers. The Mafia had moved into the neighborhood in the 1970s. Antoine Berthelet Avenue, the road just behind where Antoon would later build his mansion, became known as "Mafia Row." It was there that the Sicilian crime family led by Nicolo Rizzuto would run their operations for the next few decades. On November 10, 2010, an assassin crept onto what would later be Antoon's property, and fired a single shot through the double-reinforced pane glass windows of Nicolo Rizzuto's solarium, killing Rizzuto in his kitchen, according to mob author Peter Edwards. "This was an extremely good sniper shot," Edwards said, noting that investigators long-suspected the triggerman to be Calabrian soldier Salvatore Calautti, who himself was assassinated in 2013.The fatal shot effectively ended the Rizzuto family's three-decade long reign. (The hit series 'Bad Blood' was based on a book about Rizzuto's son and successor, Vito Rizzuto.)The assassination, like the arson fire, remains unsolved to this day—though a source told Insider that while Montreal Police are exploring theories related to Pornhub and Antoon's spectrum of critics, Mafia involvement is not suspected.   An 'eco-corridor' vs. a development Four years after Rizzuto's shooting, a different kind of war broke out on the same spot over a plan to clear 200 trees on the border of the Bois-de-Saraguay nature park.The community had been trying to create an "eco-corridor" between the river and Bois de Saraguay nature park so that boaters could dock on the riverside and then hike through trails to the nature park. While the park itself was protected from development as a national heritage site, sections of the border woodlands remained in private hands. The local government didn't have the funding to purchase and preserve the land, according to Simon Van Vliet, a reporter for Ahuntsic-Cartierville's Neighborhood Journal newspaper, which produced a three-part series on the controversy during the months leading up to the arson fire. A green alley in Montreal's Ahuntsic-Cartierville district, the district where Antoon's mansion was also located.Anne-Sophie Thill/AFP via Getty ImagesLocal property owner Francesco Lapara had other plans – to cut down the trees and subdivide his land into residential lots. Van Vliet said local officials repeatedly rejected Lapara's development applications, but he went to court and won. Antoon and his sister, Dana Antoon, a local real estate agent, purchased all four lots, according to Van Vliet's reporting. Construction began in 2018. Reached by Business Insider, Dana Antoon declined any comment on the land deals. Van Vliet described Antoon's compound as a "castle" among mansions."People were just kind of baffled by the lavishness of the place, and obviously upset about the ecological loss and the setback to the project of building this eco corridor."  Jacques LeBlue, a spokesman for Environmental Mobilization Ahuntsic-Cartierville which fought the clearing of trees on Antoon's property, seemed to echo this frustration when he said "the subject of Mr. Antoon has been a tragicomic distraction from our core activities, every time his name gets associated with ours. This only got worse with the fire." LeBleu declined further comment.Sylvia Oljemark, 81, a neighborhood resident since her birth, said local residents watched in disbelief as the structure rose up over the neighborhood."It was enormous," she said. "Enormous.""To think [local officials] could permit somebody to purchase land and build a huge structure [and] take down all the trees," she said, "it was personally reprehensible to me."No resolution  The hearings neither shut Pornhub down nor rehabilitated the public image of Antoon and Pornhub COO David Tassillo, who also testified. Arnold Viersen, a conservative MP from Alberta, said the executives' defense, which he saw as "Hey, we're just doing business here, we're just making money," was "very frustrating to us as members of Parliament.""The Canadian public was outraged at the smugness," he said. Viersen said that he has been investigating Pornhub for five years, and noted that lawmakers on both sides of the aisle were equally frustrated in questioning Pornhub executives during the hearing. "It's a fairly non-partisan thing," he said. "While [Liberal MP] Charlie Angus and I don't agree on much we were both fighting on the same side of the war."Personally, Viersen said he was "incredulous that the fire happened to come in the middle of the ethics committee hearings." "I've just got a feeling it's just a masterful sympathy play," he said, though he offered no evidence that Antoon, or anyone Angus has knowledge of, had a hand in torching the mansion. "That's my intuition on it, given what I know about them. They are very good at changing people's perceptions." Last week, a Toronto personal injury law firm announced it had filed a $500 million class action lawsuit against Pornhub. Read the original article on Business Insider.....»»

Category: topSource: businessinsiderApr 25th, 2022

69 gifts under $50 perfect for any occasion or holiday

We found great gift ideas under $50 that prove you don't have to spend a fortune to get just the right gift for any occasion. Prices are accurate at the time of publication.When you buy through our links, Insider may earn an affiliate commission. Learn more.Hollis Johnson/Crystal Cox/Alyssa Powell/Business Insider You don't need to spend a fortune to find a thoughtful gift they'll love.  We found 69 of the best gifts under $50 to suit the interests and tastes of everyone on your list. Still looking for a gift? Check out our list of the All-Time Best products we've ever tested. With best friends' birthdays, anniversaries with your significant other (or Valentine's Day), celebratory moments with coworkers, or even just to tell a loved one you're thinking about them,  it's easy for your gifting list to fill up quickly. But you don't have to spend a fortune to get everyone on your list a gift that feels made for them. There are plenty of great gift ideas under $50 to be found if you know where to look.We've done the hard work for you and sifted through hundreds of options to find affordable gifts to suit a wide range of tastes and interests.Our picks for the best gifts under $50 still feel unique and personal. And whether these gifts are complements to a bigger present or are the star of the show, we know your recipient will love them.Keep reading for 69 gifts under $50 that work for anyone on your list.This list includes a Sponsored Product that has been suggested by Under Armour. It also meets our editorial criteria in terms of quality and value.*A bluetooth microphone to make events more funAmazonBonaok Bluetooth Karaoke Microphone, available at Amazon, $30.99This Bluetooth karaoke microphone is the perfect accessory to gift the one who's the life of the party. They can sing along to their favorite songs with this gift that offers premium sound and noise reduction. A cozy knit beanieAsosStormlock Rip Knit Cap, available at Jack Wolfskin, $29.95Cold-weather accessories make a great gift for anyone braving the cold this winter and the Jack Wolfskin's Stormlock Rip Knit Cap is exactly what they need. Built of a blend of wool and acrylic, this beanie also features Stormlock fleece which just about guarantees a warm noggin. It's even available in two different colors to match a variety of outfits.  A set of spa-worthy shower bombsAmazonEuka Wellness Shower Bombs 6-Pack, available at Amazon, $18No bathtub? No problem. With these shower bombs, anyone can transform their bathroom into a makeshift spa, and they don't even need a bathtub to do it. These come in a variety of options including Calm, Detox, Breathe, and Happy (and come 6 in a pack). A sampler box of wineVineboxBe Mine... Wine, available at Vinebox, $45Who doesn't love a sample pack of wine? With the Be Mine... Wine box from Vinebox, you can gift the special person in your life a selection of wine that'll tickle their tastebuds. The box includes three different tubes of wine, two reds and one white, each from a vineyard in Europe. A tracker for lost itemsAppleAirTag, available at Apple, from $29Whether you lose track of your keys or a bag, Apple's AirTag is a sure way to find any lost item. This water-resistant tracker plays a sound or uses its precise distance findings to lead you straight to the item regardless of the distance on the Find My app.An at-home tie dye kitNordstromRit x Thompson Street Studio Dye at Home Upcycling Kit, available at Nordstrom, $11.4oInstead of buying something new, this dye kit can refurbish old clothes from your wardrobe with playful prints. The Dye-at-home kit includes power dyes rubber bands gloves, and an instruction booklet to begin making your closet more sustainable.A pair of stylish wearable weightsBandierBala Bangles, available at Amazon, from $49Incorporate fitness into your daily life with these wearable weights that fit on your wrist or ankles. At one to two pounds, these stylish weights intensify any movement and build strength whether it's a workout or running errands.A hatch decanter to sophisticatedly store alcoholCrate & BarrelHatch Decanter, available at Crate & Barrel, $44.95If their barware collection bares a sophisticated flair, they'll appreciate this elegant hatch decanter. This 32oz decanter is a more affordable price than others thanks to its beautiful molded diamond pattern that resembles cut crystal.A spice and herb kit packed with international flavorsUncommon GoodsGourmet Oil Dipping Spice Kit, available at Uncommon Goods, $42Whether it's a dash of Italian oregano or za'atar from the Middle East, any cook will appreciate this international spice kit that lets them cook with various tastes of the world. A skincare set for combination and oily skin typesSephoraClinique Great Skin, Great Deal Set, available at Sephora, $32.50This Clinique set for combination and oily skin types is a great addition to any skincare routine. This three-step regimen includes a facial soap, an exfoliating lotion, and a moisturizing gel make this three-step routine an easy and quick way for a fresh face.A DIY recipe bookAmazonMy Recipes Cookbook, available at Amazon, $8.99Whether they're a huge foodie or want to preserve a favorite family meal, this DIY cookbook offers 120 blank pages to fill with their favorite recipes. The notebook's table of contents and additional note space at the end will help keep them extra organized.Taking the time to add in your own savory vodka sauce pasta dish or having their loved ones fill in grandma's homemade sweets recipe will make this gift feel extra special.Snacks for movie nightKnackPopcorn Snack Medley, available at Knack, $40.99Help them take their next Netflix marathon to the next level with this popcorn mix set. The mix includes two microwavable Pop on The Cob popcorn cobs, toffee pretzels, dark chocolate-covered cherries, and Virginia peanuts. If they have a particular favorite treat, each snack can also be added in extra quantities at an additional cost.A carafe that helps preserve wineGrommetGlass Wine Saver Carafe, available at Grommet, $42.95Wine lovers will surely appreciate this elegant gift that will allow them to savor and sip their favorite bottle for longer. This glass carafe preserves non-sparkling wine in the refrigerator for up to one week. Simply, pour wine into the carafe, insert the float at an angle, then seal it with the top and serve.Farm-to-skin lip balmsEtsyBeekman 1802 Ten Piece Lip Balm Set, available at Uncommon Goods, $48This farm-to-skin lip balm set is just right for the green beauty obsessive. All 10 lip balms are made from natural goat's milk and essential oils. Beautifully packaged and scented, the fragrances include Ylang Ylang and Tuberose, Orange Blossom, Fig Leaf, Sweet Grass, Grapefruit, Oak Moss, Apricot and Honey, Vanilla, and an unscented balm.A monogrammed clutchMark & GrahamPalm Leaf Rounded Clutch, available at Mark and Graham, from $34.99You can get your giftees initials embroidered on this cute roll-up clutch for a personal touch. The bag is woven from natural palm leaves for a beachy vibe, and the blue and white striped interior adds to the fun coastal feel.A sand-free, quick-dry towelSand CloudSand Cloud towel, available at Sand Cloud, from $28Not only are these thin towels easy to roll up and throw in your beach bag or picnic basket, but they also easily shake off sand and dry three times faster than classic beach and pool towels. Choose from a wide array of vibrant patterns and colors, from a navy blue whale shark print to tie-dye options.An easy way to make their own bubble teaUncommon GoodsBubble Tea Kit, available at Uncommon Goods, $40For the bubble tea lover in your life, this kit comes with two flavors of loose-leaf tea, tapioca pearls, and two reusable stainless steel straws. All they'll have to do is add a little milk (if they like!) and sip on this delicious brew.A personalized video message from their favorite celebrityCameoCameo video, available on Cameo, from $1Whether they have a favorite musician, reality TV star, comedian, or actor, there's a good chance their favorite celebrity is on Cameo. You can even choose from pre-recorded video messages with a personal shoutout, or opt to give them a super special one-on-one video call. Of course, the price will depend on who the star is.Notepads chock full of affirmationsAmazonKnock Knock Notepads, available at Amazon, from $5.25Whether you want to give them a quick pep talk or celebrate them just because, these notepads from Knock Knock provide a creative and encouraging way of doing so. Each comes with 50 sheets, so they'll make plenty of use of these witty notes.A small but mighty smart assistantGoogleGoogle Nest Mini (2nd Generation), available at Best Buy, $24.99Give the gift of a virtual helper. Currently on sale for under $25, the Google Nest Mini offers a compact, affordable smart speaker with Google Assistant built-in. Friends and family members will love being able to dim lights, control the volume on their TV, check the weather, and more, all with just the sound of their voice.Read our full review of the Google Nest Mini here.A face mask designed for working outUnder ArmourUA Sportmask, available at Under Armour, $25Under Armour's Sportmask was designed with athletes in mind, as reflected in its breathability, water resistance, and UPF 50+ sun protection. Thanks to the Sportsmask, they won't have to sacrifice their workout routine or their comfort.*Sponsored by Under ArmourA 52-piece art kitAmazon51-Piece Watercolor Art Set, available at Amazon, $21.98Encourage them to pick up a new hobby (or take advantage of an existing one) with this watercolor set that's built for both beginners and experts. The set includes various cakes and paints, watercolor pencils, paintbrushes, a paint palette, an eraser, and a pencil sharpener — all within a pre-packaged case that can save you the pain of gift wrapping. A streaming stick that turns any TV into a smart oneAmazonRoku Streaming Stick +, available at Amazon, $34.99Upgrade their Netflix binge marathons without actually buying them a whole new TV. The Roku Streaming Stick + offers 4K, HD, and HDR streaming in a portable package and affordable price. A meal kit from their favorite restaurantGoldbelly/FacebookGoldbelly Restaurant Meal Kits, available at Goldbelly, from $25Bring a bit of their favorite restaurant right to their door. From bagels to barbeque, Goldbelly ships food gifts nationwide from iconic eateries in major cities. A Disney+ subscriptionAlyssa Powell/Business InsiderOne-year gift subscription to Disney Plus, $79.99It gives them unlimited access to movies and shows from Disney, Pixar, Marvel, Star Wars, National Geographic, and 20th Century Fox, and costs just $7.99 a month or $79.99 a year after a free seven-day trial. Read everything there is to know about Disney+ over here.And if you need some binge-spiration, here are all the new movies available to stream.A set of loose-leaf teas that even Oprah lovesAmazonVadham Chai Tea Reserve Set, available at Amazon, $24.99This classy set of loose-leaf teas made it into Oprah's Favorite Things back in 2018. It's filled with three variations of chai tea that any tea lover will appreciate. A smooth olive oil that'll instantly elevate any dishBrightlandAlive Olive Oil, available at Brightland, $37If they spend a lot of time in the kitchen, they probably already know the merits of high-quality olive oil. A drizzle of Alive from Brightland adds a vibrant, zesty flavor to any dish, plus the beautiful bottle will look great on display in their kitchen. An affordable electric toothbrush subscriptionQuipToothbrush Starter Set, available at Quip, from $25Help them upgrade their oral care routine with a Quip toothbrush. Not only is it a great electric toothbrush at a reasonable price, but Quip will send them a refill every three months with a new brush head and toothbrush. Delicious mini cupcakesBaked by Melissa FacebookCupcake Gift Boxes, available at Baked by Melissa, from $32Who doesn't love getting a sweet surprise? With delicious flavors ranging from Cookie Dough to Pink Frosted Donut, these bite-size treats are sure to please. You can also add a special gift box to complete the gift. A head-to-toe mini care kitSephoraDrunk Elephant The Littles Head to Toe, available at Sephora, $49Give this mini set for head-to-toe care they can take on the road or just to test out some new products. The set is packed with Drunk Elephant minis, including a glossing shampoo, cream conditioner, scalp scrub, detangler, body cleanser, lotion, deodorant, and a comb. It also comes neatly packaged in a fun, neon bag.An at-home spa kitUncommon GoodsEucalyptus Spa Gift Set, available at Uncommon Goods, $40Let's face it, 2020 has been a hard year. Give them the gift of soothing relaxation with this at-home kit that includes pampering botanical bath salts and natural jute body scrubber. The recipient will also be able to grow their own eucalyptus in the bamboo pot so they can continue to breathe deep and say ahh.A set of magnets that are fun to play with and can boost concentrationSpeksSpeks Magnet Balls, available at Speks, $34.95Almost everyone on the Insider Reviews team has a set of Speks at their desk. The little magnetic balls can be mashed, molded, and built into fun shapes and are a fun fidget toy that even adults will love. A personalized pillow of their favorite fur babyaurespaces/EtsyCustom Pet Pillow, available at Etsy, from $29.99If there's nothing they love more than their cat or dog, this pillow — featuring a blown-up picture of their pet — is sure to make them smile. A cute kitchen gadget that makes breakfast in a flashAmazonDash Mini Waffle Maker, available at Target, $10This compact waffle maker makes a great addition to any college dorm or small kitchen. All they have to do is plug it in and they can make their favorite breakfast treat in a flash.A sugary and fun snackNeiman MarcusSugarfina Champagne Bears, available at Neiman Marcus, $20Elevate their next sugar fix with these fun champagne gummy bears. Don't worry if they're under 21, despite the name and flavor, these gummies are non-alcoholic. They also have rosé options too.    A taste of Japan by way of snacksBokksuBokksu Tasting Gift, 3-month box, available at Bokksu, $44.95Adventurous foodies will love the chance to taste test a curated box of gourmet Japanese snacks. In this Bokksu box, they can expect to find between 10-14 snacks, a tea pairing, and an in-depth guide that details every product included.A best-selling face mask for clear skinAztec SecretAztec Secret Indian Healing Mask, available at Target, $9.99Anyone in on the latest skincare trends will know about this mask. Many claim it has helped clear their skin, and it has over 12,000 five-star reviews on Amazon. The best part is that this powerful facial is just $10.A soft pair of socks made from sustainable fabricUnited by BlueSoftHemp Socks 2 Pack, available at United by Blue, $30With cold weather approaching, there's nothing better than slipping on cozy socks. Made from soft, sustainable hemp fabric, these are sure to do the trick (and why not get them two pairs?).A luxurious exfoliator to keep skin smoothNecessaireNecessaire The Body Exfoliator, available at Sephora, $30Necessaire's clean beauty products come in beautiful, minimalist packaging that looks as good in their bathroom as it feels on their skin. This gentle exfoliator will help them slough off dry winter skin for good.Cruelty-free nail polish in a range of fun colorsSmith & CultNail Polish, available at Smith & Cult, $18Smith & Cult's polish is vegan, cruelty-free, and chip-resistant. With 46 fun colors to choose from, you're sure to find one (or two, or three) they'll love. A sheet mask that'll hydrate dry, stressed skinSephoraDr. Jart+ Soothing Hydra Solution, available at Sephora, $6Fall and winter skin tends to be dry and dull. While you can't change the weather, you can throw on a hydrating face mask to stay moisturized. This one will add lots of soothing hydration to their skin to keep it feeling fresh.Makeup towels that make washing their face less of a choreWeezieMakeup Towels, available at Weezie, $40If they've never thought of washcloths as anything special, Weezie towels will change their minds. The adorable towels are embroidered with either hearts, winky eyelids, or the words "stain me." Plus, the dark navy blue color will conceal makeup stains.A silky-smooth sleep mask to block lightNordstromSlip Pink Marble Sleep Mask, available at Nordstrom, $50If there's nothing they appreciate more than a good night's sleep, they'll love Slip's silk sleep mask. It's made from 100% pure Mulberry silk for a luxe, light feel on their skin. A lip gloss that has all the benefits of a balmSephoraTower28 Beauty Jelly Lip Gloss, available at Sephora, $14This clean-beauty favorite delivers the glossy sheen they'd expect from a lip gloss, but it's loaded with nourishing oils to keep lips hydrated, too. A beautiful way to store olive oilUncommon GoodsHandblown Glass Olive Oil Pourer, available at Uncommon Goods, $45These stunning handmade jars can hold up to 12 ounces of olive oil or vinegar. Plus, they look beautiful sitting out on the kitchen counter.Useful cable clipsAmazonShintop Cable Clips (six-pack), available at Amazon, $5.59Whether their phone charger is always falling under their desk or they simply have too many cables to keep track of, these affordable and efficient clips will allow them to simplify their workspace. Plus, the pink, orange, and green shades contribute a fun pop of color.A bold lip color that'll last all day longSephoraLancome L'Absolu Rouge Lipstick, available at Sephora, $32Whether it's a pale peach or a deep-red look they crave, they'll love this long-lasting lipstick with its saturated colors and hydrating formula.A set of playing cards inspired by music's greatsAmazonMusic Genius Playing Cards, available at Uncommon Goods, $10Whether they love game night, music, or are equal fans of both, they'll surely get a kick out of these playing cards. The pack features illustrations of all the big names in pop, rock, country, and R&B.A spray that any sneakerhead needs in their collectionAmazonJason Markk Repel, available at Amazon, $17If they love shoes, they should have the right products to take care of their favorite footwear. This spray protects shoes from stains caused by water and oil, and there are multiple people on our team who swear by it for every new pair of shoes they get.A set of colorful silicone straws that reduce plastic wasteFood52Five Two Silicone Straws Single Pack, available at Food52, $25Bendable, sustainable, and portable (thanks to the set of carrying cases), these fun straws are the accessory any eco-conscious person should have.A book subscriptionBook of the MonthBook of the Month 3-month plan, available at Book of the Month, $49.99A subscription box that sends them an exciting new read catered to their tastes each month is the perfect gift for a bookworm.A unique case that protects their phoneCasetifyCasetify phone case, available at Casetify, starting from $40Our phones are our lifelines these days and if you know someone who's always glued to theirs, consider giving them a unique case that's as protective as it is pretty thanks to being drop-tested and shock-absorbent. They have options ranging from watercolor forest scenes to cute sayings to cuddly animals. You can even do a customized option and put their initials on it.  A coffee mug that keeps their drinks hot or cold for hoursAmazonHydro Flask Travel Coffee Mug, available at Hydro Flask, $24.95Hydro Flask's Travel Coffee Mug is a team favorite. It combines the classic shape of a mug with Hydro Flask's TempShield insulation to keep beverages hot, or cold, for hours— a great gift for the coffee or tea lover who's always on the move. Unisex House SlippersEtsyUnisex Comfy Linen Slippers Slides, available at Etsy, $27.46Clean space enthusiasts who enjoy a no outdoor shoe policy at their homes will appreciate these unisex house slippers. The waffle cloth pattern, platform bottom, and cushioned sole makes for a cute and cozy fit. These snug slippers are available in yellow, pink, gray, or green colors. A cute reusable tote that can fit tons of stuffBAGGUStandard Baggu, available at Baggu, $12It's no wonder these bags are bestsellers — they can hold up to 50 pounds of stuff and come in a range of fun colors and patterns. Plus, at just $12, they're a great deal. A portable straw that makes water drinkableAmazonLifeStraw Personal Water Filter, available at Amazon, $12.99This portable, personal water filter was one of the bestselling products on Prime Day. It filters water from creeks and rivers, making it perfect for hiking, camping, and travel.A classy carrying case to stash chargersMark & GrahamLeather Charger Roll-Up, available at Mark & Graham, from $39After they fill the three pockets with cables and chargers, all they have do is roll everything up and they're good to go. The soft, supple leather comes in a variety of fun colors and patterns. A cult-favorite cast-iron skilletAmazonLodge 12-inch Cast-Iron Skillet and Handle Holder, available at Amazon, $29.99Every cook needs a cast-iron skillet in their kitchen. Lodge makes some of the best out there, but at prices that won't break the bank. A fitting vehicle for their post-run brewsUncommon GoodsEtched Marathon Pint Glass, available at Uncommon Goods, $20If they like to celebrate a long run with a big pint, they'll appreciate these pint glasses etched with famous marathon routes. A candle that reminds them of their favorite placeAmazonHomesick Scented Candle, available at Amazon, $34This is a great gift that's sure to make anyone sentimental. Whether it's their hometown, college town, or favorite spot to vacation, a Homesick candle, with scents inspired by all sorts of locations, will bring them back to that favorite place. A cold brew coffee maker to keep up with their iced coffee habitAmazonTakeya Cold Brew Coffee Maker, available at Amazon, $19.99If their morning ritual includes a cup of cold brew, they'll appreciate this convenient cold brew maker. All they have to do is fill it with their favorite coffee grinds, add water, let it sit, and they've got a glass of delicious cold brew on the way. A rocks glass etched with a city mapUncommon GoodsUrban Map Glass, available at Uncommon Goods, $18Whether you want to bring back fond memories of a place you visited together or just want a gift that highlights their favorite stomping grounds, you can cheers to these rocks glasses intricately etched with a city map and interspersed street names. Over 30 major US cities are available to choose from.To really up the ante, consider pairing the glass with a nice bottle of bourbon. A dainty pair of gold hoops that go with everythingMejuriMidi Hoops, available at Mejuri, $50Jewelry always makes a great gift, though it's typically pricey. These dainty hoops from Mejuri are the perfect pair for every day, and they're only $50.An apron loaded with plenty of clever featuresFood52Five Two Ultimate Apron, available at Food52, from $25Anyone who spends a good amount of time in the kitchen will appreciate this durable apron with its sturdy fabric, clever pockets made to hold the essentials, and pot-holders built right in. A lifetime of perks with an REI membershipREIREI Membership, available at REI, $20A one-time, $20 payment will get them lifetime access to REI's membership program. The outdoorsy types in your life will appreciate the special offers, 10% back on purchases, member-pricing on REI classes and events, and the host of other membership perks. Learn more about the REI membership program here. A simple and elegant photo calendarArtifact UprisingWalnut Desktop Photo Calendar, available at Artifact Uprising, from $35All of Artifact Uprising's customized photo gifts are simple, beautiful, and made from eco-friendly materials. This simple calendar is an easy choice for anyone on your list. Just pick 12 photos (one for each month) of the people and places they love most to add a special sentiment to their desk setup.A simple necklace that reminds them of their intentionsBandoGood Intentions Necklace, available at Amazon, $38A sweet necklace with an even sweeter mission. Choose from a selection of positive intentions like "optimism," "strength," or "gratitude," which they can carry with them throughout the day. For every necklace sold, a portion of the proceeds will be donated to the non-profit Girls Inc.A cult-favorite candleOtherlandOtherland Candles, available at Otherland, $36We love Otherland's candles, whether seasonally inspired or from the classic collection. Notable scent combinations such as champagne, saffron, and leather, gorgeous packaging, and a 55 hour burn time have deemed Otherland's candles as a foolproof gift among the Insider Reviews team.An elevated hand sanitizer that fends off germsTouchlandPower Mist Hand Sanitizer, available at Touchland, $9A lightweight, spray formula and refreshing scents make Touchland's hand sanitizer one they'll actually want to use. It dries quickly and doesn't leave residue or stickiness behind.Read the original article on Business Insider.....»»

Category: topSource: businessinsiderJan 21st, 2022

San Francisco Mayor Finally Blasts "All The Bulls**t That"s Destroyed" The City, Demands More Money For Cops

San Francisco Mayor Finally Blasts "All The Bulls**t That's Destroyed" The City, Demands More Money For Cops Authored by Michael Shellenberger via Substack, After Black Lives Matter protesters last year demanded that cities “Defund the Police,” San Francisco Mayor London Breed held a press conference to announce that her city would be one of the first to do exactly that. Breed announced $120 million in cuts to the budgets of both San Francisco’s police and sheriff's departments. A spokesperson for the police officers’ union warned the cuts "could impact our ability to respond to emergencies,” but the police chief assured the public that the cuts “will not diminish our ability to provide essential services." Yesterday, Breed reversed herself in dramatic fashion, announcing that she was making an emergency request to the city’s Board of Supervisors for more money for the police to support a crackdown on crime, including open air drug dealing, car break-ins, and retail theft. The plan contains much of what the California Peace Coalition, which Environmental Progress and I cofounded last spring, has been demanding, including in a series of protests by parents of homeless addicts, parents of children killed by fentanyl, and recovering addicts. San Francisco Mayor Breed and other San Francisco politicians have for years promised to crack down on drug dealing and crime, and things have only grown worse over, so skepticism is merited. Already, progressives in San Francisco have denounced Mayor Breed’s plan, which she announced with the support of just two members of the city’s 11 Board of Supervisors, and without the apparent support of the city’s District Attorney. But there’s good reason for hope. Breed's plan lays out big goals and makes very specific promises, including more funding for police. There will be a recall election next June of San Francisco’s District Attorney Chesa Boudin which many political experts believe will succeed. And the progressive Supervisor who represents the Tenderloin, the neighborhood with most of city’s open drug scene, is running for state assembly, creating a leadership vacuum and opportunity for Breed. More importantly, Breed’s speech has the potential to change the conversation about crime. Breed explicitly embraced “tough love,” which is a very different philosophy from Woke victimology, which divides the world into victims and oppressors and demands that victims, a category that includes street addicts and criminals, only be given things, from cash and clean needles to their own apartment with butler service, and not be held accountable for their actions. "I'm proud this city believes in giving people second chances,” said Breed. “Nevertheless, we also need there to be accountability when someone does break the law...Our compassion cannot be mistaken for weakness or indifference…. I was raised by my grandmother to believe in 'tough love,' in keeping your house in order, and we need that, now more than ever." Breed punctuated her emotional speech with an explitive. “It is time for the reign of criminals to end,” she said. “And it comes to an end when are more aggressive with law enforcement and less tolerant of all the bulls**t that has destroyed our city.” Why is that? What explains Breed’s 180 degree reversal in less than 18 months? And what will determine whether she keeps her promise? SF Mayor @LondonBreed has literally just called bullshit on progressive criminal justice reformers “It is time for the reign of criminals to end. It comes to an end when are more aggressive with law enforcement & less tolerant of all the BULLSHIT that has destroyed our city” pic.twitter.com/ewqheftUun — Michael Shellenberger (@ShellenbergerMD) December 14, 2021 Murder, Looting, and Drug Deaths The main reason for Breed’s turnabout is skyrocketing crime. A report released yesterday by San Francisco’s Public Policy Institute of California concluded that homicides increased in Los Angeles, Oakland, San Diego, and San Francisco by 17% in 2021. Property crimes in those four cities rose 7% between 2020 and 2021, reaching 25,000 total in October. Two-thirds of increase is due to larcenies, mainly car break-ins (by 21%) and vehicle thefts (by 10%). PPIC stresses that property and violent crimes are lower than historic levels, but business leaders and residents have told me for two years that they often do not report many crimes. And the rate of arrest has declined significantly for many crimes. In 2019, 40% of all shoplifting reports resulted in arrest; in 2021, only 19% did. San Francisco’s progressive D.A. charged just 46% of theft arrests, a 16 point decline since he took office in 2020, and charged just 35% of petty theft arrests, a 23 point decline from two years ago. In November, San Francisco was the first of several progressive cities hit by smash-and-grab mobs of thieves, sometimes as many as 80 in a group. Video from the San Francisco looting of Louis Vuitton shows criminals walking casually out of the store, goods in hand. In response, many of San Francisco’s luxury stores in its Union Square shopping district boarded up their windows, making the area resemble a blighted neighborhood in Detroit, and embarrassing city leaders.  Meanwhile, San Francisco’s open drug scene contributed to three times more deaths from illicit drugs than covid last year, and has degraded the low-income historically black Tenderloin neighborhood. San Francisco could shut the open drug scene down like European cities did but has instead refused to mandate proven medical treatment to drug addicts. San Francisco’s progressive leaders have effectively been overseeing a radical social experiment, one that killed more African Americans last year alone than the entire Tuskegee syphilis experiment killed over 40 years. Breed has been personally impacted by addiction and crime. Both Breed’s sister and brother struggled with addiction while growing up in public housing in San Francisco. Her sister died of a drug overdose and her brother is in prison for armed robbery. “I am not for playing games with my life when it comes to politics,” she told an interviewer. “I’ve been in that community, working in the trenches, dealing with the public safety issues, dealing with those things because my people are the ones getting left behind at the end of the day.” But Breed also had to be pushed. In May, I helped Jacqui Berlinn, a mother of a homeless fentanyl addict, organize the first-ever protest of open drug dealing in the Tenderloin, which generated national and local headlines and local TV coverage. A few months later, Berlinn and I co-founded, with parents of children killed by fentanyl, recovering addicts, and community leaders, a new state-wide group, the California Peace Coalition, to demand the enforcement of laws against open drug dealing, mandatory treatment for addicts who break the law, and a state takeover of psychiatric and addiction care. Then, in early November, over 200 mostly poor and working class people in the Tenderloin protested a 161% increase in violence in the neighborhood between 2020 and 2021, and open drug dealing, in a march on City Hall. Part of their motivation was a brutal attack on an 11-year-old girl while she was walking to school. The day before, a 61-year-old man was shot while sitting in a donut shop. Two weeks later, a half a dozen gunmen fired 30 and 40 rounds at each other, sending bystanders running in chaos. Breed put their voices at the heart of her announcement. “Last week, I met with a group of families from the TL [Tenderloin],” she wrote. “I was told about drug dealers threatening grandmothers. About mid-day shootings near a park where a single mother brings her toddler after school. About assaults on the street…. We need to take back our Tenderloin.” The response to Breed’s remarks from parents and residents was overwhelmingly positive. “I can’t express how happy this makes me,” tweeted Berlinn. Tom Wolff, a formerly homeless drug addict who is on the city’s Drug Dealing Task Force, said, "I'm really happy to hear the mayor take a tougher approach on this. We can't arrest our way out of everything, but there needs to be some target specific enforcement." Michelle Tandler, a San Francisco native whose photos of boarded up Union Square stores went viral, said, “I've been observing Mayor Breed for many years now and have to say, I think this was her greatest speech to-date. Mayor Breed took a stand for what is right. I haven't seen her this impassioned since her inauguration a few years back.” Seizing the Momentum Breed’s speech puts pressure on progressive San Francisco supervisors and the District Attorney to shut down the open drug scene in the Tenderloin. When he ran for office in 2018, San Francisco District Attorney Chesa Boudin called “open-air drug use and drug sales… technically victimless crimes.” When Boudin announced that he was not going to prosecute street-level drug dealers he said it was because they are “themselves [are] victims of human trafficking.”  But, after the looting of Louis Vuitton, Boudin struck a more tough-on-crime tone. “I'm outraged by the looting in Union Square last night” Boudin tweeted. “We are seeing similar crimes across the country. I have a simple message: don't bring that noise to our City.” Stanford addiction expert @KeithNHumphreys describes the importance, and politics, of the promise by San Francisco Mayor @LondonBreed to shut down the open drug scene in the Tenderloin neighborhood, which kills addicts and is ruining the city. pic.twitter.com/yEhnTbbcpi — Michael Shellenberger (@ShellenbergerMD) December 15, 2021 But standing up for luxury stores is different from shutting down open drug scenes. “Boudin made a very strong statement after the [flash mob] theft of Louis Vuitton,” said Stanford addiction specialist Keith Humphreys. “But I want a DA who is the most worried about the poorest residents and less about Louis Vuitton.” Other politicians are responding to the crime wave. California Attorney General Rob Bonta promised “more resources” for investigating retail theft. And the Mayor of Oakland, which will have its highest homicides in nine years, has demanded more funding for the police, and asked Gov. Gavin Newsom to finally implement technology that would allow police to read license plates on state highways to catch criminals. Former San Diego Mayor Kevin Faulconer said he viewed Breed’s announcement as vindication for what he has been advocating. “Californians are tolerant, but we don’t tolerate brazen crime and dangerous streets,” he said. ”It should not even be a question as to whether or not the open drug markets should be shut down — I’ve been saying for years: if you let people live and do drugs on the streets, you’re condemning them to die on the streets. I enforced this as Mayor of San Diego and it must be enforced throughout California.” Sacramento District Attorney Anne Marie Schubert, a former Republican running for California Attorney General as an independent, praised Breed and used her announcement to attack Attorney General Bonta as soft-on-crime. “Bravo to London Breed,” Schubert tweeted, “and her commitment to cracking down on crime and open air drug usage. Breed has laid out common sense strategies that Rob Bonta clearly disagrees with. San Franciscans deserve better than an Attorney General who won’t listen to local officials about common sense public safety measures.” Breed’s announcement come days after former Philadelphia Mayor Michael Nutter attacked progressive District Attorney Larry Krasner for dismissing the city’s record high homicides, and several weeks after Seattle voters, of whom less than 10 percent voted for Donald Trump in 2020, elected a Republican as the city’s State Attorney in response to rising crime. “I don't think we can overestimate the influence of the city of Seattle voting 8% for Donald Trump one year ago and voting 55% for a Republican city attorney who had a law and order platform in this year’s election,” said Humphreys. Here’s former Philly Mayor @Michael_Nutter denouncing “white wokeness” and “white privilege” for resulting in more homicide and crime pic.twitter.com/05bLU1Tdqn — Michael Shellenberger (@ShellenbergerMD) December 14, 2021 In the end, shutting down the city’s open drug scenes is crucial to ending drug deaths and the chaos that plagues the city. “It is an entirely fixable problem,” said Humphreys, “as many cities have shown. There will still be drug use and addiction in San Francisco. But harm reduction requires closing down open air drug scenes. Every city in America has drug problems. They do not all have a drug scene like San Francisco.” Humphreys emphasized, as did the authors of a study of how five European cities closed open drug scenes, that coordination between homeless service providers and police officers is crucial. The head of one of them, Urban Alchemy, Lena Miller, said, in response to Breed’s announcement, “We are relieved. The problem wasn’t created overnight and solving it will take time. But we very happy and looking forward to everyone coming off the sidelines to solve this.” For Humphreys, citing the European model, “Harm reduction is not a fantasy about a drug-free society, which we're never going to have. It's trying to minimize the damage that drugs do. Closing down open drug markets is going to have huge gains for people, particularly in the Tenderloin, but more broadly in the city.” Breed announcement may help change how Americans think about drugs. While it may not be possible to halt drugs from coming into the U.S., it is possible to shut down open drug scenes, and mandate treatment for those who need it. “The public is wanting some action here and she's going to try to deliver it,” said Humphreys. “I think her announcement will resonate in some of these other cities, too, and give courage. I admire the mayor for taking a political risk on behalf of the least powerful people in the city.” *  *  * Michael Shellenberger is a Time Magazine "Hero of the Environment,"Green Book Award winner, and the founder and president of Environmental Progress. He is author of just launched book San Fransicko (Harper Collins) and the best-selling book, Apocalypse Never (Harper Collins June 30, 2020). Subscribe To Michael's substack here Tyler Durden Thu, 12/16/2021 - 21:40.....»»

Category: worldSource: nytDec 16th, 2021

Progressive District Attorneys Radically Change Rule Of Law In California Cities

Progressive District Attorneys Radically Change Rule Of Law In California Cities By Brad Jones of Epoch Times Amid a wave of “smash-and-grab” robberies and other crimes, a former prosecutor is claiming that more than 50 prosecutors, support, and victim services staff have quit their jobs over San Francisco District Attorney Chesa Boudin’s progressive criminal justice reform policies. “The office is imploding,” said the former prosecutor, who produced the list of those who’ve left their jobs since Boudin was sworn into office on Jan. 10, 2020. “Not all of them quit, but most of them quit. Some were fired,” said the individual, who requested anonymity for fear of reprisal. “The list isn’t up to date. I think more have left.” Boudin fired seven prosecutors during his second day on the job. Another former investigative supervisor sued Boudin for wrongful termination last month, claiming retaliation for calling out “improper and unlawful actions” by two prosecutors. Boudin’s office hasn’t responded to inquiries by The Epoch Times. The individual also cited a Sept. 24 court proceeding during which Superior Court Judge Bruce Chan raised concerns about actions taken in the District Attorney’s Office. “For what it’s worth, let me say a few things, maybe with the forlorn hope that someone in the DA’s office might pay attention,” Chan said. Court transcripts cite Chan as saying he “wholeheartedly” supports Boudin’s efforts to reform the criminal justice system, but he said: “I cannot express in any more certain terms my disapproval of the manner in which the Office of the District Attorney is being managed. Chesa Boudin (L), Leif Dautch (center), and Nancy Tung deliver their platforms for the office of San Francisco district attorney on Sept. 4, 2019. (Nancy Han/NTD) “We simply cannot have the current levels of inadvertence, disorganization, and expect there to be any public confidence in what we do here collectively.” Chan criticized the “constant turnover” in the office, saying, “I hope that people in the District Attorney’s Office will shift their focus from some of the bigger issues and concern themselves with the unglamorous yet necessary work of public prosecution.” The former prosecutor agreed with Chan’s comments in the hearing and accused Boudin of trying to downplay increased crime statistics. “That’s the thing that’s really frustrating is that they know it’s worse. They know it, and they’re lying.” While progressive prosecutors contend that “the reason why there’s so many criminals is because our justice system turns them into criminals, it’s a backward argument,” the person said. “They argue that people keep getting arrested because cops keep arresting them and that’s the problem.” Some believe that if the police would just leave people alone, they wouldn’t commit crimes, the person said. Crimes, especially property offenses, are vastly underreported because the public has lost faith in the justice system, the former prosecutor said. “They think that no one cares. They think that nothing is going to happen,” the person said. When police sometimes tell victims of property crimes there’s no point in reporting these incidents because district attorneys likely won’t do anything, “unfortunately, they’re right,” the person said. “People blame the cops for not wanting to take reports. That’s a symptom. The actual problem is that there’s no prosecution. If you start charging cases, the cops will step up and do their jobs.” Union Square visitors look at damage to a Louis Vuitton store in San Francisco on Nov. 21, 2021. (Danielle Echeverria/San Francisco Chronicle via AP) Crime Rates Rise The San Francisco District Attorney’s Office said recently that charges were filed against nine suspects in connection with organized retail theft at a Louis Vuitton store in Union Square. “These brazen acts will not be tolerated in San Francisco,” Boudin said in the statement. However, critics say the rising crime rates put Boudin at risk of being ousted in a June recall election. Police reported that vehicle break-ins have increased 100 to 750 percent in parts of the city compared to last year, with the number of reported vehicle thefts reaching 1,891 in May 2021—more than double the 923 reported in May 2020. San Francisco also recorded one of the largest increases in burglaries among major cities last year, with a jump of 47 percent—a trend that has continued this year. Fatal and nonfatal shootings in the first six months of this year were up more than 100 percent from the year-earlier period, increasing to 119 from 58, the city’s police chief said at a July press conference. More than 700 people died of drug overdoses last year in the city, a record that is likely to be surpassed this year, according to the chief medical examiner. Zack Smith, a legal fellow in the Meese Center for Legal and Judicial Studies at The Heritage Foundation, has co-authored a series of reports on progressive prosecutors. He claims that the recent rise in organized thefts and other problems in San Francisco and Los Angeles are the result of extreme progressive policies. “I think you can draw a direct line to it,” Smith told The Epoch Times. “What do you expect to happen? It’s going to lead to a breakdown in law and order. It’s going to embolden criminals to commit these brazen types of thefts that we’ve seen.” In recent election cycles, several progressive candidates won their races against independent, traditional prosecutors, many of whom are from the same political party as these challengers. A man in a Bad Boys Bail Bonds jacket waits outside the Sheriff’s Department Inmate Reception Center in Los Angeles on Jan. 30, 2015. (Mark Ralston/AFP/Getty Images) Progressive District Attorney Policies Boudin isn’t alone in his views on criminal justice reform, and like other progressive district attorneys—including George Gascón in Los Angeles, Marilyn Mosby in Baltimore, Rachael Rollins in Boston, Kim Foxx in Chicago, Larry Krasner in Philadelphia, and Steve Descano in Fairfax County, Virginia—he’s found himself at the center of controversy. In line with the progressive policies of restorative justice, Boudin campaigned on a platform to end mass incarceration, eliminate cash bail, and vowed to create a panel to review sentencing and potential wrongful convictions. Following his election in November 2019, Boudin announced he would deemphasize the prosecution of drug cases, so-called quality-of-life cases, and property offenses. Boudin has indicated he wants to shift the focus to more serious offenses and take on corporations. He has also suggested hiring public defenders as prosecutors. He has refused to cooperate with Immigration and Customs Enforcement (ICE) and has threatened to prosecute ICE officers whom he accused of breaking sanctuary laws. “The people of San Francisco have sent a powerful and clear message: It’s time for radical change to how we envision justice,” Boudin said in 2019. Boudin and the San Francisco District Attorney’s Office claim they “develop and implement data-driven policies and practices that promote justice, protect crime survivors, and that address the root causes of crime.” “The San Francisco District Attorney’s Office also strives to create policies that promote racial justice; end the criminalization of poverty; and combat mass incarceration by relying on incarceration as a last—and not first—resort,” according to the DA’s website. “Many of these policies involve innovative approaches designed to remedy systemic problems. The Office gathers and relies upon data-backed evidence in making policy decisions.” One of Boudin’s first actions was to scrap the cash bail system. The DA’s office states Boudin doesn’t believe anyone should be held in jail because they’re too poor to post bail. Under his policies, if someone poses a serious public safety risk, the DA’s office will ask that the person remain in jail while their case is pending in the courts, according to the office’s website. Everyone who doesn’t pose a serious public safety risk is released while their case is pending, although sometimes with conditions of “electronic monitoring, GPS, or drug testing.” “DA Boudin’s policy on ending cash bail in San Francisco was widely heralded as the most progressive bail policy in the nation. It plays an important step towards ending the criminalization of poverty and stopping mass incarceration,” the website states. George Gascón, then-San Francisco district attorney who took office as Los Angeles County district attorney on Dec. 7, 2020, speaks during a news conference in San Francisco on Dec. 9, 2014. (Justin Sullivan/Getty Images) Los Angeles District Attorney Since Gascón took office as Los Angeles district attorney in December 2020, the city has seen a 49 percent increase in homicides, recording 325 in the first 10 months this year, and a 16 percent jump in aggravated assaults. Auto thefts are also up 50 percent, accompanying a recent wave in “follow-home” robberies, according to police. Multiple veteran prosecutors have sued Gascón, alleging retaliation for voicing criticism of the district attorney’s policies. Neither Gascón nor his office have responded to inquiries by The Epoch Times Progressives worked hard to oust former Los Angeles District Attorney Jackie Lacey, a registered Democrat and the first female and first black American to head the District Attorney’s Office. “It is political,” Smith said, “but this is a battle, not so much that all breaks down along Republican or Democratic lines, but between traditional understandings of law and order and hard-left ideologues.” Lacey was “relatively left-leaning, but by no means radical,” Smith said. “She understood her job was to enforce the laws to prosecute crimes and to protect the safety of her community. But her policies were not radical enough for George Soros or George Gascón, and so because of that, Gascón challenged her and unfortunately ultimately defeated her.” Los Angeles Mayor Eric Garcetti and California Gov. Gavin Newsom, who had backed Lacey for years, suddenly shifted their support to Gascón. Progressive candidates are challenging other Democrats who aren’t necessarily “hard-left ideologues like these individuals,” Smith said. Former Los Angeles County District Attorney Steve Cooley, who held the office for three terms from 2000 to 2012, told The Epoch Times that as Gascón continues to “double down on his ill-conceived, soft-on-crime” policies, crime will not only get worse in LA, but spread to neighboring areas as well. “What you’re seeing now is a lot of these very, very horrible crimes being committed in the suburbs in multimillion-dollar homes in Beverly Hills, Hancock Park, on the street, you know, that’s a very high-end area in Los Angeles. “They are going to the suburbs. They’re going to Rodeo Drive in Beverly Hills,” he said. “This is going to spread out and everyone in Los Angeles County is going to be experiencing this crime wave.” Then-Los Angeles District Attorney Steve Cooley speaks during a news conference on Sept. 21, 2010. (Kevork Djansezian/Getty Images) Gascón wants to reduce incarceration and opposes enhanced sentences that impose additional jail time for people with long criminal histories, or who inflict great bodily injuries, use a gun, or are involved in gangs, Cooley said. “He wants to eliminate enhancements. He wants to reduce incarceration to the lowest possible point, and he’s able to do that through his charging policies,” he said. “If you don’t charge great bodily injury when someone is injured in a shooting, then they’re not going to get the extra time for great bodily injury.” Many of the suspects in armed follow-home robberies and “these shoot-’em-ups at the restaurants and the flash-smash-bash-dash robberies” are juvenile gang members, Cooley said. “They all know that juveniles, even if they commit multiple murders, will never ever be tried in adult court, even though they’re age 16 or age 17. They know this and they take advantage of it. “That’s why in Beverly Hills, they’ve had a spate of robberies by juveniles—at gunpoint, armed robberies—and the juveniles are put out there by adults, because they’re not going to suffer any punishment. They will not even be charged with an armed robbery under Gascón’s policies. They commit an armed robbery, they stick a gun in someone’s face, they take their purse, they will not be charged with armed robbery,” he said. Kathleen Cady, a retired Los Angeles County deputy district attorney, said that when Gascón was sworn into office on Dec. 7 last year, he “almost simultaneously” issued nine new policies. “There were 61 pages of policies … and they all negatively impact public safety and victims,” she said. Some of those policies prohibit sentence enhancements and transferring minors to adult court for serious crimes such as murder and rape, as well as preventing prosecutors from the District Attorney’s Office from attending parole hearings. “I’ve represented well over 20 murder victims’ families where the murderer was a 16- or 17-year-olds, and in each and every one of those cases, the prosecutor is not allowed to ask the judge if the minor can go up to adult court, and the minor stays in juvenile court,” Cady said. Minors can only be held in custody until they’re 25 years old. Cady, who represents crime victims of all political stripes, agrees the “so-called reform movement” behind Gascón’s campaign is “very political,” but said the response to his policies isn’t. Opponents aren’t banding together based on politics, she said. “It’s not a right-versus-left issue at all. It’s absolutely a public safety issue. It really has nothing to do with politics, it has to do with common sense and keeping the public safe,” Cady said. “I would call myself a liberal Democrat, but I am completely opposed to this particular reform movement, because reform means to make better. Nothing is better since he has come into office.” Cady said she isn’t opposed to justice reform, but contends that Gascón’s vision of reform isn’t working. “I’m certainly not opposed to making things better. Most of us are not opposed to making things better. The problem is that his vision of what criminal justice reform is, is wrong. It’s very mistaken,” she said. “He is using false statistics and what he claims to be data to inform his policies, which are blanket policies [that] do not allow for looking at individual cases, circumstances, [and] criminal histories.” Tyler Durden Wed, 12/15/2021 - 21:00.....»»

Category: blogSource: zerohedgeDec 15th, 2021

Millennials, Remote Work Are Upending Cities—What It Means for Real Estate

Location is, and has always been, everything in real estate. The truism that where a property sits must be its most important characteristic remains undisputed. But what is location, really? What does it mean to homebuyers, and what are the consequences when changes come? The truth is, street layouts, public transportation systems, commuting routes, open […] The post Millennials, Remote Work Are Upending Cities—What It Means for Real Estate appeared first on RISMedia. Location is, and has always been, everything in real estate. The truism that where a property sits must be its most important characteristic remains undisputed. But what is location, really? What does it mean to homebuyers, and what are the consequences when changes come? The truth is, street layouts, public transportation systems, commuting routes, open space, walking paths, restaurants or shopping, parks, schools and scenic views are malleable both in how they are valued and how they come to be. While location might seem like a relatively static feature when talking about properties, shifting priorities from policymakers as well as evolving consumer preferences can quickly cool off a hot neighborhood or revitalize a lagging market. Both these processes are happening all the time, but the current shift is maybe more dramatic and moving more rapidly than at any time in recent memory as Americans completely reevaluate exactly where they want to live—and why. Dr. Sam Chandan is a professor at NYU and Academic Dean of the school’s Schack Institute of Real Estate. He says a multitude of changes are manifesting now that could impact both city planning and real estate for decades to come. “Millennials are not necessarily looking for something that looks like Levittown,” says Chandan, referring to the hyper-planned suburban Long Island community that is often cited as a model of postwar housing philosophy. “It’s not sort of a ‘Leave it to Beaver’ scenario.” With people born in the 1980s and 1990s becoming the largest segment of homebuyers, understanding that demographic’s needs and preferences is a holy grail for real estate professionals. But how is that information guiding the growth of towns and cities, and what does it mean for the housing market? Chandan says that like most things real-estate related, the answers are always going to be local. But as the temporary supply constraints currently preventing the housing market from reaching its full potential fade, Chandan predicts that areas that allow higher densities through zoning reforms and follow a more centralized, community-oriented plan of development will be best positioned to capitalize and grow. “We’re talking about wanting to be in easy reach of a set of cultural and social amenities, and I think that is quite different from what we would have seen as the profile of a comparably-aged young family 30 years ago,” he says. Waiting on the World to Change Manhattan Beach nestles in the southwest corner of Los Angeles. The median sale price for a home exceeds $2 million, according to U.S. census data, with a mostly white and Asian population in a county that is almost 45% Hispanic. Most residential areas are composed of close-set, adobe-roofed single-family constructions on narrow streets, bisected with a commercial thoroughfare that feeds into the city’s bustling beach-adjacent downtown—a spread of health food stores, cafes and boutique retail shopping pressed right up against the water. Kristi Ramirez-Knowles is a team leader for Your Home Sold Guaranteed Realty and a long-time Manhattan Beach resident, though she works in many of the surrounding southwest LA cities. In an area that is historically resistant to change, COVID has potentially provided a kick-start for generational changes in living preferences. “Now, post COVID—though we’re still in COVID—we still have a mix. We still have people that are willing to go almost anywhere,” she says. “ it’s a safe community.” Woburn, Massachusetts is a sprawling suburb about 25 minutes outside of Boston. It can trace its European colonization back to the mid 1600s, and is now characterized by its rustic winding streets and big colonials with plenty of forested areas and parks filling the margins. The town offers a wider range of price points, from $150,000 ranch fixer-uppers to a handful of multi-million-dollar estates. Eileen Dohtery is a ninth-generation resident of Woburn with 40 years of real estate experience, currently working for Lamacchia Realty. She says even as homebuyer preferences have evolved rapidly, change in policy and infrastructure often creeps up more gradually. “ are beside themselves because there’s so much development—if anything they’d like to restrict it and make it less per acre,” she says. Dan Forsman is President & CEO of Berkshire Hathaway HomeServices Georgia Properties. Overseeing the Atlanta region, he says dozens of thriving suburbs—many of which were originally vacation or resort communities—have begun “revitalization” efforts to begin serving changing needs and desires of longer-term residents. “Eclectic, farm to table restaurants—people are looking for that, access to that, and looking to where they can get that when they’re away from what I call ‘white noise,’” he says. Though these three disparate regions will certainly evolve along different lines at a more granular level, Chandan says that broadly the narrative of mass migration to different states or cities is overblown. People—especially young people—are looking to live within or near traditional metros like New York or Boston, but specifically for towns that can offer them a specific index of amenities. “What the data actually tells us is the dominant trend is greater dispersion in the metropolitan area,” he says. “They’re able to sort of optimize in a way that also accounts for all these other things that they care about.” What’s My Age Again? One of the most direct methods of addressing these needs is “upzoning” to allow for more density around what Chandan describes as the “quasi-urban core” of smaller towns and suburban cities. This has proved effective in combating land scarcity, affordability and transportation access, and often allows for developments of mid-rise condo complexes, townhomes or repurposed mixed-used construction that previously might have been disallowed or heavily regulated. These changes are also becoming more politically viable in many places as a new generation arrives—a generation that is more comfortable with diversity and living close to others, according to Chandan. In Woburn, this is only partly true, as Dohtery says she has observed some attitudes changing while others have not—starting with acceptance of racial diversity. “In the older parts of the center…it was more mixed nationalities. The older people wouldn’t walk down there. Younger people are that much more liberal, they don’t care, they like it. That’s where you see changing,” she reflects. In recent years there has been a big push to tear down old buildings in Woburn’s centuries-old central hub, putting up some multifamily living units and opening restaurants and retail stores. Doherty herself owns a multi-family home right in the city center, where her niece currently lives with some younger roommates. “They absolutely love being there, they walk downtown—literally in their backyard—to a different restaurant every night,” she laughs. At the other extreme, some neighborhoods in towns abutting Woburn can only be reached by unpaved, pothole-ridden streets—not because the town cannot afford to fix or pave them, but because people who live there have lobbied against it, according to Doherty. The idea, she says, is to discourage anyone who doesn’t live there from even driving past, keeping noise and nuisance to an absolute minimum. “That’s old Yankee money,” Doherty says. “It keeps the people out of their neighborhood.” Some of these folks are likely fighting a losing battle if they’re hoping to prevent development to that extreme (Doherty is currently involved with a 147-unit townhome development in Woburn). While resistance from locals can certainly slow down the evolution of a city, eventually both policymakers and developers are going to find ways to meet consumers with what they want. One thing that is changing in Los Angeles is at least a partial removal of one of the biggest barriers there: commuting. In the past, Ramirez-Knowles says she would tell potential homebuyers to rent a hotel for a night near a neighborhood they were considering and see if they could endure the level traffic and smog on a day’s commute before deciding to live there. But now with remote work, as well as a renewed emphasis on transportation and now-ubiquitous electric cars, Ramirez-Knowles says that areas that used to be defined by their freeway access and distance to business centers are trying to become self-sustaining. “So many millennials are doing a lot of their jobs—-they can work from home,” she says. “They don’t want to get out and drive. It’s important for them to walk or if they have to drive, drive a very short distance.” That is not to say that traffic does not matter anymore—commuters still end up driving as much as four hours a day to go a handful of miles cross-town, Ramirez-Knowles says. But areas that have more space, better views and nice schools are now options for many more families who do not have to worry about prohibitively lengthy drives. Another offset of the millennial lifestyle and work-from-home opportunities that is influencing city layouts is loneliness. Starting with the pandemic isolation, Ramirez-Knowles says people began seeking out “community amenities” where they could at least encounter another friendly (even mask-wearing) face. That has continued as people who work from home have limited excuses to just get outside, meet neighbors and learn about their town. “They want to be able to go walk their dogs, walk with their kids, get outside and get vitamin D,” she says. “You’re not getting out very much…you need places to go walk, you need a walkway—a green belt, if you will—a park, a pier.” In the Atlanta area, several towns are realizing that they can provide a lot more for their changing communities, according to Forsman. People who have second homes in the suburbs are spending more and more time away from the white noise of their working lives, he says, and are beginning to look for the same amenities in these areas as they have in their primary homes. Though this trend is hardly analogous to what is happening in Woburn or Los Angeles, the effect is the same: cities are re-developing downtowns and shifting the kind of access and amenities they provide. “They’ve had a face lift and an upgrade, because people aren’t going to malls the way they used to,” Forsman says. This applies even to areas in the north that historically have been made up of mostly seasonal resort towns in the mountains. As flexible work allows residents to spend more time here, businesses move in to provide more grocery shopping, entertainment and year-round services, which in turn draws even more people to make those towns their permanent—or semi-permanent—homes. Stop, Collaborate and Listen There are many other barriers and unintended consequences stemming from the types of changes happening right now as well, he adds. Cities that are too successful with these tactics will quickly see the price of land and homes balloon, slowing real estate growth and creating more racial and economic segregation. In places like Woburn, there is also the possibility of political backlash, and policymakers must balance the often-powerful backlash from residents and other stakeholders who fear loss of so-called community character or outsides. Real estate professionals can make a big difference in these situations. Doherty says that as a longtime resident she is trusted by even the most stalwart Woburnites and can navigate the complicated landscape of local politics and land use laws, where trust and experience make all the difference. Doherty speaks of being contacted by a local politician one time, who invited her to attend a campaign event emphasizing that she was maybe the most well-known public figure in the area. “I said to him, ‘I have to go, I sold you your house!’” she laughs. In Woburn, developments, zoning tweaks and infrastructure investments happen gradually, and becomes much easier with any local support, according to Doherty, with projects eeking through the approval process one by one. On the other side of the country, Ramirez-Knowles says the overpricing and lack of homes has pushed people to settle in areas where the schools or neighborhoods maybe aren’t what they had originally hoped for. Developers are building brand new, more affordable condos inland in cities that haven’t historically been “family friendly” like Torrance and Gardena, and people are snatching them up, she says. “I would say that’s attracting families even though the school district may not be that great. I think it’s the appeal of brand new and something they can afford,” she posits. Many of these units are selling out before they are even framed, she adds, during the current inventory crunch. If cities approve the kind of housing units people are looking for— which Ramirez-Knowles describes as narrow, multi-floored condo communities with built-in recreation centers, pools and gyms—even more business investment and development often follows. The result of all this movement and new development, of offering wider varieties of housing types and densities in different parts of a given city creates demographic diversity, according to Chandan. A place that can accommodate young and old, wealthy and lower income folks, families and retirees is much healthier for everyone, and especially for the real estate market. Though convincing some people of these benefits will be difficult—and sometimes impossible— Chandan argues that even those who prefer their “Leave it to Beaver” lifestyle will eventually benefit from this type of change. “The person who is a young family right now in a two or three-bedroom rental unit in that quasi-urban core—in five years, that person is a potential buyer for your home,” Chandan says. Jesse Williams is RISMedia’s associate online editor. Please email him your real estate news ideas to jwilliams@rismedia.com. The post Millennials, Remote Work Are Upending Cities—What It Means for Real Estate appeared first on RISMedia......»»

Category: realestateSource: rismediaNov 22nd, 2021

66 gifts under $50 for everyone on your list that still feel thoughtful and personal

We found great gift ideas under $50 that prove you don't have to spend a fortune to get just the right gift for any occasion. When you buy through our links, Insider may earn an affiliate commission. Learn more. Hollis Johnson/Crystal Cox/Alyssa Powell/Business Insider You don't need to spend a fortune to find a thoughtful gift they'll love. We found 66 of the best gifts under $50 to suit the interests and tastes of everyone on your list. With best friends' birthdays, anniversaries with your significant other, celebratory moments with coworkers, or even just to tell a loved one you're thinking about them, it's easy for your gifting list to fill up quickly. But you don't have to spend a fortune to get everyone on your list a gift that feels made for them. There are plenty of great gift ideas under $50 to be found if you know where to look.We've done the hard work for you and sifted through hundreds of options to find affordable gifts to suit a wide range of tastes and interests.Our picks for the best gifts under $50 still feel unique and personal. And whether these gifts are complements to a bigger present or are the star of the show, we know your recipient will love them.Keep reading for 66 gifts under $50 that work for anyone on your list.This list includes a Sponsored Product that has been suggested by Under Armour. It also meets our editorial criteria in terms of quality and value.* A hatch decanter to sophisticatedly store alcohol Crate & Barrel Hatch Decanter, available at Crate & Barrel, $44.95If their barware collection bares a sophisticated flair, they'll appreciate this elegant hatch decanter. This 32oz decanter is a more affordable price than others thanks to its beautiful molded diamond pattern that resembles cut crystal. A spice and herb kit packed with international flavors Uncommon Goods Gourmet Oil Dipping Spice Kit, available at Uncommon Goods, $42Whether it's a dash of Italian oregano or za'atar from the Middle East, any cook will appreciate this international spice kit that lets them cook with various tastes of the world.  A skincare set for combination and oily skin types Sephora Clinique Great Skin, Great Deal Set, available at Sephora, $32.50This Clinique set for combination and oily skin types is a great addition to any skincare routine. This three-step regimen includes a facial soap, an exfoliating lotion, and a moisturizing gel make this three-step routine an easy and quick way for a fresh face.   A DIY recipe book Amazon My Recipes Cookbook, available at Amazon, $8.99Whether they're a huge foodie or want to preserve a favorite family meal, this DIY cookbook offers 120 blank pages to fill with their favorite recipes. The notebook's table of contents and additional note space at the end will help keep them extra organized.Taking the time to add in your own savory vodka sauce pasta dish or having their loved ones fill in grandma's homemade sweets recipe will make this gift feel extra special. Snacks for movie night Knack Popcorn Snack Medley, available at Knack, $44Help them take their next Netflix marathon to the next level with this popcorn mix set. The mix includes two microwavable Pop on The Cob popcorn cobs, toffee pretzels, dark chocolate-covered cherries, and Virginia peanuts. If they have a particular favorite treat, each snack can also be added in extra quantities at an additional cost. A carafe that helps preserve wine Grommet Glass Wine Saver Carafe, available at Grommet, $42.95Wine lovers will surely appreciate this elegant gift that will allow them to savor and sip their favorite bottle for longer. This glass carafe preserves non-sparkling wine in the refrigerator for up to one week. Simply, pour wine into the carafe, insert the float at an angle, then seal it with the top and serve. Farm-to-skin lip balms Etsy Beekman 1802 Ten Piece Lip Balm Set, available at Uncommon Goods, $48This farm-to-skin lip balm set is just right for the green beauty obsessive. All 10 lip balms are made from natural goat's milk and essential oils. Beautifully packaged and scented, the fragrances include Ylang Ylang and Tuberose, Orange Blossom, Fig Leaf, Sweet Grass, Grapefruit, Oak Moss, Apricot and Honey, Vanilla, and an unscented balm. A monogrammed clutch Mark & Graham Palm Leaf Rounded Clutch, available at Mark and Graham, from $49You can get your giftees initials embroidered on this cute roll-up clutch for a personal touch. The bag is woven from natural palm leaves for a beachy vibe, and the blue and white striped interior adds to the fun coastal feel. A sand-free, quick-dry towel Sand Cloud Sand Cloud towel, available at Sand Cloud, $48Not only are these thin towels easy to roll up and throw in your beach bag or picnic basket, but they also easily shake off sand and dry three times faster than classic beach and pool towels. Choose from a wide array of vibrant patterns and colors, from a navy blue whale shark print to tie-dye options. An easy way to make their own bubble tea Uncommon Goods Bubble Tea Kit, available at Uncommon Goods, $38For the bubble tea lover in your life, this kit comes with two flavors of loose-leaf tea, tapioca pearls, and two reusable stainless steel straws. All they'll have to do is add a little milk (if they like!) and sip on this delicious brew. A personalized video message from their favorite celebrity Cameo Cameo video, available on Cameo, from $1Whether they have a favorite musician, reality TV star, comedian, or actor, there's a good chance their favorite celebrity is on Cameo. You can even choose from pre-recorded video messages with a personal shoutout, or opt to give them a super special one-on-one video call. Of course, the price will depend on who the star is. Notepads chock full of affirmations Amazon Knock Knock Notepads, available at Amazon, from $9.13Whether you want to give them a quick pep talk or celebrate them just because, these notepads from Knock Knock provide a creative and encouraging way of doing so. Each comes with 50 sheets, so they'll make plenty of use of these witty notes. A small but mighty smart assistant Google Google Nest Mini (2nd Generation), available at Best Buy, $49.99Give the gift of a virtual helper. Currently on sale for under $25, the Google Nest Mini offers a compact, affordable smart speaker with Google Assistant built-in. Friends and family members will love being able to dim lights, control the volume on their TV, check the weather, and more, all with just the sound of their voice.Read our full review of the Google Nest Mini here A face mask designed for working out Under Armour UA Sportmask, available at Under Armour, $15Under Armour's Sportmask was designed with athletes in mind, as reflected in its breathability, water resistance, and UPF 50+ sun protection. Thanks to the Sportsmask, they won't have to sacrifice their workout routine or their comfort.*Sponsored by Under Armour A 52-piece art kit Amazon 52-Piece Watercolor Art Set, available at Amazon, $12.34Encourage them to pick up a new hobby (or take advantage of an existing one) with this watercolor set that's built for both beginners and experts. The set includes various cakes and paints, watercolor pencils, paintbrushes, a paint palette, an eraser, and a pencil sharpener — all within a pre-packaged case that can save you the pain of gift wrapping.  A streaming stick that turns any TV into a smart one Amazon Roku Streaming Stick +, available at Amazon, $39Upgrade their Netflix binge marathons without actually buying them a whole new TV. The Roku Streaming Stick + offers 4K, HD, and HDR streaming in a portable package and affordable price.  A meal kit from their favorite restaurant Goldbelly/Facebook Goldbelly Restaurant Meal Kits, available at Goldbelly, from $25Bring a bit of their favorite restaurant right to their door. From bagels to barbeque, Goldbelly ships food gifts nationwide from iconic eateries in major cities.  A Disney+ subscription Alyssa Powell/Business Insider One-year gift subscription to Disney Plus, $79.99It gives them unlimited access to movies and shows from Disney, Pixar, Marvel, Star Wars, National Geographic, and 20th Century Fox, and costs just $7.99 a month or $79.99 a year after a free seven-day trial. Read everything there is to know about Disney+ over here.And if you need some binge-spiration, here are all the new movies available to stream. A cult-favorite candle Otherland Otherland Candles, available at Otherland, $36We love Otherland's candles, whether seasonally inspired or from the classic collection. Notable scent combinations such as champagne, saffron, and leather, gorgeous packaging, and a 55 hour burn time have deemed Otherland's candles as a foolproof gift among the Insider Reviews team. A set of loose-leaf teas that even Oprah loves Amazon Vadham Chai Tea Reserve Set, available at Amazon, $34.99This classy set of loose-leaf teas made it into Oprah's Favorite Things back in 2018. It's filled with three variations of chai tea that any tea lover will appreciate.  A smooth olive oil that'll instantly elevate any dish Brightland Alive Olive Oil, available at Brightland, $37If they spend a lot of time in the kitchen, they probably already know the merits of high-quality olive oil. A drizzle of Alive from Brightland adds a vibrant, zesty flavor to any dish, plus the beautiful bottle will look great on display in their kitchen.  An affordable electric toothbrush subscription Quip Toothbrush Starter Set, available at Quip, from $25Help them upgrade their oral care routine with a Quip toothbrush. Not only is it a great electric toothbrush at a reasonable price, but Quip will send them a refill every three months with a new brush head and toothbrush.  Delicious mini cupcakes Baked by Melissa Facebook Cupcake Gift Boxes, available at Baked by Melissa, from $32Who doesn't love getting a sweet surprise? With delicious flavors ranging from Cookie Dough to Pink Frosted Donut, these bite-size treats are sure to please. You can also add a special gift box to complete the gift.  Useful cable clips Amazon Shintop Cable Clips (six-pack), available at Amazon, $5.79Whether their phone charger is always falling under their desk or they simply have too many cables to keep track of, these affordable and efficient clips will allow them to simplify their workspace. Plus, the pink, orange, and green shades contribute a fun pop of color. A head-to-toe mini care kit Sephora Drunk Elephant The Littles Head to Toe, available at Sephora, $49Give this mini set for head-to-toe care they can take on the road or just to test out some new products. The set is packed with Drunk Elephant minis, including a glossing shampoo, cream conditioner, scalp scrub, detangler, body cleanser, lotion, deodorant, and a comb. It also comes neatly packaged in a fun, neon bag. An at-home spa kit Uncommon Goods Eucalyptus Spa Gift Set, available at Uncommon Goods, $40Let's face it, 2020 has been a hard year. Give them the gift of soothing relaxation with this at-home kit that includes pampering botanical bath salts and natural jute body scrubber. The recipient will also be able to grow their own eucalyptus in the bamboo pot so they can continue to breathe deep and say ahh. A set of magnets that are fun to play with and can boost concentration Speks Speks Magnet Balls, available at Speks, $27.95Almost everyone on the Insider Reviews team has a set of Speks at their desk. The little magnetic balls can be mashed, molded, and built into fun shapes and are a fun fidget toy that even adults will love.  A personalized pillow of their favorite fur baby aurespaces/Etsy Custom Pet Pillow, available at Etsy, from $23.99If there's nothing they love more than their cat or dog, this pillow — featuring a blown-up picture of their pet — is sure to make them smile.  A cute kitchen gadget that makes breakfast in a flash Amazon Dash Mini Waffle Maker, available at Target, $9.99This compact waffle maker makes a great addition to any college dorm or small kitchen. All they have to do is plug it in and they can make their favorite breakfast treat in a flash. A sugary and fun snack Neiman Marcus Sugarfina Champagne Bears, available at Neiman Marcus, $20Elevate their next sugar fix with these fun champagne gummy bears. Don't worry if they're under 21, despite the name and flavor, these gummies are non-alcoholic. They also have rosé options too.     A taste of Japan by way of snacks Bokksu Bokksu Tasting Gift, 3-month box, available at Bokksu, $44.95Adventurous foodies will love the chance to taste test a curated box of gourmet Japanese snacks. In this Bokksu box, they can expect to find between 10-14 snacks, a tea pairing, and an in-depth guide that details every product included. A best-selling face mask for clear skin Aztec Secret Aztec Secret Indian Healing Mask, available at Target, $7.99Anyone in on the latest skincare trends will know about this mask. Many claim it has helped clear their skin, and it has over 12,000 five-star reviews on Amazon. The best part is that this powerful facial is just $10. A soft pair of socks made from sustainable fabric United by Blue SoftHemp Sock, available at United by Blue, $16With cold weather approaching, there's nothing better than slipping on cozy socks. Made from soft, sustainable hemp fabric, this pair is sure to do the trick.  A luxurious exfoliator to keep skin smooth Necessaire Necessaire The Body Exfoliator, available at Sephora, $30Necessaire's clean beauty products come in beautiful, minimalist packaging that looks as good in their bathroom as it feels on their skin. This gentle exfoliator will help them slough off dry winter skin for good. Cruelty-free nail polish in a range of fun colors Smith & Cult Nail Polish, available at Smith & Cult, $18Smith & Cult's polish is vegan, cruelty-free, and chip-resistant. With 46 fun colors to choose from, you're sure to find one (or two, or three) they'll love.  A sheet mask that'll hydrate dry, stressed skin Sephora Dr. Jart+ Soothing Hydra Solution, available at Sephora, $6Fall and winter skin tends to be dry and dull. While you can't change the weather, you can throw on a hydrating face mask to stay moisturized. This one will add lots of soothing hydration to their skin to keep it feeling fresh. Makeup towels that make washing their face less of a chore Weezie Makeup Towels, available at Weezie, $40If they've never thought of washcloths as anything special, Weezie towels will change their minds. The adorable towels are embroidered with either hearts, winky eyelids, or the words "stain me." Plus, the dark navy blue color will conceal makeup stains. A silky-smooth sleep mask to block light Nordstrom Slip Pink Marble Sleep Mask, available at Nordstrom, $50If there's nothing they appreciate more than a good night's sleep, they'll love Slip's silk sleep mask. It's made from 100% pure Mulberry silk for a luxe, light feel on their skin.  A simple necklace that reminds them of their intentions Bando Good Intentions Necklace, available at Amazon, $38A sweet necklace with an even sweeter mission. Choose from a selection of positive intentions like "optimism," "strength," or "gratitude," which they can carry with them throughout the day. For every necklace sold, a portion of the proceeds will be donated to the non-profit Girls Inc. A lip gloss that has all the benefits of a balm Sephora Tower28 Beauty Jelly Lip Gloss, available at Sephora, $14This clean-beauty favorite delivers the glossy sheen they'd expect from a lip gloss, but it's loaded with nourishing oils to keep lips hydrated, too.  A beautiful way to store olive oil Uncommon Goods Handblown Glass Olive Oil Pourer, available at Uncommon Goods, $44These stunning handmade jars can hold up to 12 ounces of olive oil or vinegar. Plus, they look beautiful sitting out on the kitchen counter. A bold lip color that'll last all day long Sephora Lancome L'Absolu Rouge Lipstick, available at Sephora, $32Whether it's a pale peach or a deep-red look they crave, they'll love this long-lasting lipstick with its saturated colors and hydrating formula. A set of playing cards inspired by music's greats Amazon Music Genius Playing Cards, available at Uncommon Goods, $10Whether they love game night, music, or are equal fans of both, they'll surely get a kick out of these playing cards. The pack features illustrations of all the big names in pop, rock, country, and R&B. A spray that any sneakerhead needs in their collection Amazon Jason Markk Repel, available at Amazon, $17If they love shoes, they should have the right products to take care of their favorite footwear. This spray protects shoes from stains caused by water and oil, and there are multiple people on our team who swear by it for every new pair of shoes they get. A set of colorful silicone straws that reduce plastic waste Food52 Five Two Silicone Straws Single Pack, available at Food52, $25Bendable, sustainable, and portable (thanks to the set of carrying cases), these fun straws are the accessory any eco-conscious person should have. An elevated hand sanitizer that fends off germs Touchland Power Mist Hand Sanitizer, available at Touchland, $9A lightweight, spray formula and refreshing scents make Touchland's hand sanitizer one they'll actually want to use. It dries quickly and doesn't leave residue or stickiness behind. A book subscription Book of the Month Book of the Month 3-month plan, available at Book of the Month, $49.99A subscription box that sends them an exciting new read catered to their tastes each month is the perfect gift for a bookworm. A unique case that protects their phone Casetify Casetify phone case, available at Casetify, starting from $39Our phones are our lifelines these days and if you know someone who's always glued to theirs, consider giving them a unique case that's as protective as it is pretty thanks to being drop-tested and shock-absorbent. They have options ranging from watercolor forest scenes to cute sayings to cuddly animals. You can even do a customized option and put their initials on it.   A coffee mug that keeps their drinks hot or cold for hours Amazon Hydro Flask Travel Coffee Mug, available at Amazon, $45.55Hydro Flask's Travel Coffee Mug is a team favorite. It combines the classic shape of a mug with Hydro Flask's TempShield insulation to keep beverages hot, or cold, for hours— a great gift for the coffee or tea lover who's always on the move.  Unisex House Slippers Etsy Japanese Waffle Linen Slipper Slides, available at Etsy, $28.23Clean space enthusiasts who enjoy a no outdoor shoe policy at their homes will appreciate these unisex house slippers. The waffle cloth pattern, platform bottom, and cushioned sole makes for a cute and cozy fit. These snug slippers are available in yellow, pink, gray, or coffee colors.  A cute reusable tote that can fit tons of stuff BAGGU Standard Baggu, available at Baggu, $12It's no wonder these bags are bestsellers — they can hold up to 50 pounds of stuff and come in a range of fun colors and patterns. Plus, at just $12, they're a great deal.  A portable straw that makes water drinkable Amazon LifeStraw Personal Water Filter, available at Amazon, $14.83This portable, personal water filter was one of the bestselling products on Prime Day. It filters water from creeks and rivers, making it perfect for hiking, camping, and travel. A classy carrying case to stash chargers Mark & Graham Leather Charger Roll-Up, available at Mark & Graham, from $29.99After they fill the three pockets with cables and chargers, all they have do is roll everything up and they're good to go. The soft, supple leather comes in a variety of fun colors and patterns.  A cult-favorite cast-iron skillet Amazon Lodge 12-inch Cast-Iron Skillet and Handle Holder, available at Amazon, $45.47Every cook needs a cast-iron skillet in their kitchen. Lodge makes some of the best out there, but at prices that won't break the bank.  A fitting vehicle for their post-run brews Uncommon Goods Etched Marathon Pint Glass, available at Uncommon Goods, $20If they like to celebrate a long run with a big pint, they'll appreciate these pint glasses etched with famous marathon routes.  A candle that reminds them of their favorite place Amazon Homesick Scented Candle, available at Amazon, $34This is a great gift that's sure to make anyone sentimental. Whether it's their hometown, college town, or favorite spot to vacation, a Homesick candle, with scents inspired by all sorts of locations, will bring them back to that favorite place.  A cold brew coffee maker to keep up with their iced coffee habit Amazon Takeya Cold Brew Coffee Maker, available at Amazon, $24.99If their morning ritual includes a cup of cold brew, they'll appreciate this convenient cold brew maker. All they have to do is fill it with their favorite coffee grinds, add water, let it sit, and they've got a glass of delicious cold brew on the way.  An easy-to-care-for plant The Sill Snake Plant, available at The Sill, $43Bring some life to their space with this cute snake plant that comes in a nice planter with multiple color options. With little attention needed, it's a great gift for amateur plant parents and experienced ones alike.  A luxury wallet perfect for daily use or travel Italic Albee Leather Zip Card Case, available at Italic, $30By partnering with the same manufacturers that make high-end pieces for brands like Celine, Burberry, and Prada, but ditching the designer labels and opting for a direct-to-consumer model, Italic is able to sell luxury goods at a fraction of the price. This sleek and simple leather card case would go for over $300 with a designer label, but at Italic it's a steal at just $35.  A rocks glass etched with a city map Uncommon Goods Urban Map Glass, available at Uncommon Goods, $18Whether you want to bring back fond memories of a place you visited together or just want a gift that highlights their favorite stomping grounds, you can cheers to these rocks glasses intricately etched with a city map and interspersed street names. Over 30 major US cities are available to choose from.To really up the ante, consider pairing the glass with a nice bottle of bourbon.  A dainty pair of gold hoops that go with everything Mejuri Midi Hoops, available at Mejuri, $50Jewelry always makes a great gift, though it's typically pricey. These dainty hoops from Mejuri are the perfect pair for every day, and they're only $50. An apron loaded with plenty of clever features Food52 Five Two Ultimate Apron, available at Food52, $45Anyone who spends a good amount of time in the kitchen will appreciate this durable apron with its sturdy fabric, clever pockets made to hold the essentials, and pot-holders built right in.  A lifetime of perks with an REI membership REI REI Membership, available at REI, $20A one-time, $20 payment will get them lifetime access to REI's membership program. The outdoorsy types in your life will appreciate the special offers, 10% back on purchases, member-pricing on REI classes and events, and the host of other membership perks. Learn more about the REI membership program here.  A simple and elegant photo calendar Artifact Uprising Walnut Desktop Photo Calendar, available at Artifact Uprising, from $30All of Artifact Uprising's customized photo gifts are simple, beautiful, and made from eco-friendly materials. This simple calendar is an easy choice for anyone on your list. Just pick 12 photos (one for each month) of the people and places they love most to add a special sentiment to their desk setup. A cozy, slouchy beanie Neff Instagram Neff Beanie, available at Amazon, $15.95Cold-weather accessories make a great gift for anyone who will be braving the cold come winter. Neff beanies come in a wide variety of colors and are the perfect combination of cute and cozy.  An easy way to grill kabobs Uncommon Goods Kabob Grilling Baskets, available at Uncommon Goods, $17Forget needing to spend time sticking every piece of meat or sliced veggie on a kebob stick. These baskets make it easy to perfectly grill you food and the basket makes for easy flipping. Read the original article on Business Insider.....»»

Category: topSource: businessinsiderSep 28th, 2021

26 of the best beach houses on Airbnb in the US where the sand is just steps away

These are the best Airbnb beach house rentals in the US, from an oceanfront Malibu home in California to a condo on the water with a pool in Florida. When you buy through our links, Insider may earn an affiliate commission. Learn more. Airbnb Beach vacations are always top of mind for a relaxing, warm-weather getaway. Many Airbnbs are found along the best beaches in the US, with direct beachfront or private access. From Malibu to Cape Cod, these are the best beach homes on Airbnb, from $100 to $650 per night. Table of Contents: Masthead StickyAirbnbs with beachfront access continue to rank among the most searched for filters on the vacation rental platform.After all, who doesn't want to wake up to the sound of waves crashing right outside their back porch, or take a moonlit stroll along the sand after the sun goes down? Though, if you'd prefer to cool off in an Airbnb with a private pool instead, we have plenty of options for that, too. And if hotels are more your thing, here are the best beach hotels in the US.If a beach vacation is on your mind, from sea to shining blue sea there's no shortage of beautiful Airbnb beach houses across the US.Browse all Airbnb beach houses below, or jump to a specific area here:The best Airbnb beach houses in the NortheastThe best Airbnb beach houses in the SouthThe best Airbnb beach houses in the WestFAQ: Airbnb beach housesHow we selected the best beach houses on AirbnbFind more great beach house rentalsThese are the best Airbnb beach houses, sorted by region and price from low to high. BI Charming beachfront cottage on the Jersey Shore This cottage's private back deck leads straight to the beach. Airbnb Book this New Jersey beach home on AirbnbTypical starting price: $270Town: Cape MaySleeps: 2 guests/1 bedroomRating: 4.93Set along one of the Jersey Shore's most charming seaside towns, Cape May, this cozy bayfront cottage with one bedroom is best suited for couples and solo travelers, though it is also pet-friendly.It's important to note, this is a two-family home and while this space is completely private and uses a separate entrance, the other side of the house is occupied, which might not work for some guests. You are also required to bring your own linens to fit the Queen-sized bed.The location, however, is unparalleled and you'll love spending time on the private back deck, which includes a hammock and leads directly out to the beach. The front porch with chairs and an umbrella adds additional space for enjoying the sea breeze.Inside, the decor is simple but includes a red leather couch, an all-white kitchen with a dining table for two, and ocean photos in the bedroom.  Beach suite in Massachusetts This lovely beachfront suite includes beach passes and options for in-house massages and whale watching excursions. Airbnb Book this Massachusetts beach home on AirbnbTypical starting price: $299Town: GloucesterSleeps: 2 guests/1 bedroomRating: 4.98The charming seaside town of Gloucester, pronounced Glah-Sta, in coastal New England comes alive in the summertime. From long walks on a private beach to romantic dinners on the deck, this one-bedroom beachside retreat will make a great getaway for couples. Not only does the property come with a beachfront location, but beach passes are included, which would otherwise run between $25 to $30 per day. You may also book add-ons like in-house massages and whale watching expeditions directly with the host.While this is a separate guest suite with its own private entrance, the entire cottage consists of three units that are each rented separately. Though, you can combine listings to book the entire property.  Home by the sea in Maine Take in over 175 feet of mesmerizing oceanfront views from the roof deck. Airbnb Book this Maine beach house on AirbnbTypical starting price: $350Town: YorkSleeps: 4 guests/2 bedroomsRating: 4.94Just one hour north of Boston and one hour south of Portland, Maine, the Little Sea Star Castle is tucked away along Nubble Point in York Beach, Maine. One of 12 oceanside cottages within the LightHouse Village Colony, the house is set on nearly two acres with over 175 feet of oceanfront splendor with sunny, southern exposure and rugged rocky coastlines.The cottage offers plenty of space to lounge. A roof deck has panoramic views over the ocean, and the lawn has Adirondack chairs and a picnic table for outdoor dining. The kitchen has everything needed to make yourself at home, and beachy accents like starfish pillows and mini sailboats on the dressers keep the home on theme.The location is stellar, among scenic walking trails along the water. Bayfront oasis in Maryland Bayfront views are a captivating sight, and available throughout the home. Airbnb Book this Ocean City beach house on AirbnbTypical starting price: $395Town: Ocean CitySleeps: 5 guests/2 bedroomsRating: 4.92Offering uninterrupted bayfront views, this cozy townhome in Ocean City, Maryland is the ideal locale for your beach vacation. Sip morning coffee on the private balcony, enjoy steamed crabs on the large bayfront deck, or kick back with a cocktail and watch the sunset from the living room. The layout is an open-living concept with a master bedroom upstairs with a private balcony and a King-size bed. The second bedroom has a Queen bed and there's also a beige striped sectional couch that converts to a bed in the living room. Wicker furniture and deep blue quilts give this home a subtle beach vibe.Located on a corner lot of the bay, the owner is explicit that this is not meant for partiers or large group gatherings. If you're looking for a chill and relaxing beach getaway, this is the place for you. Beachfront home with bay views in Delaware Each room in this coastal home features scenic water views. Airbnb Book this Delaware beach home on AirbnbTypical starting price: $425Town: MiltonSleeps: 6 guests/4 bedroomsRating: 5.0Featuring both beachfront and bay views, this spacious four-bedroom, three-bathroom home in the quiet community of Broadkill Beach in Milton, Delaware offers unobstructed water views from almost every room. The home features a coastal design with plenty of natural light and soft tones. The well-equipped kitchen has unique tiling, a large island, and turquoise bar stools for grabbing a quick bite or enjoying a cup of coffee.One room includes bunk beds decked out in comforters with a cute whale pattern for kids. The location is peacefully quiet and primed to enjoy beautiful sunrises over the bay. Large oceanfront house with great views in Maine Luxury finishes couple with panoramic ocean views at this delightful property. Airbnb Book this Maine beach house on AirbnbTypical starting price: $613Town: SacoSleeps: 8 guests/2 bedroomsRating: 4.71If luxury finishes and panoramic views of the ocean sounds like your kind of vibe, then consider this oceanfront haunt in Saco, Maine. Enjoy coffee or wine from the upstairs balcony before taking a walk along Ferry Beach or Camp Ellis Pier.Ideal for bigger groups, the listing has two bedrooms and common spaces that sleep up to eight people. Though, the standout draw is no doubt the beachfront location and gorgeous water views, along with the surrounding quiet community. The home offers the chance to catch particularly stunning sunrises and sunsets.Other perks include a Smart TV with Netflix, beach chairs, and free parking included in the stay, as well as a digital guidebook handy for helping guests explore the area. Chic beachfront cottage in New York's North Fork of Long Island A minimalist interior style creates a tranquil ambiance. Airbnb Book this North Fork beach home on AirbnbTypical starting price: $650Town: RiverheadSleeps: 5 guests/2 bedroomsRating: 4.96Set on a secluded stretch of Long Island's illustrious North Fork, this two-bedroom beachfront cottage is a great place to hang by the beach or go wine tasting at one of the area's many charming vineyards.Wander along the private beach path or open up the floor-to-ceiling glass sliders that lead to a picturesque deck to dine at the picnic-style outdoor table, or relax on the plush lounger. An Airbnb Plus listing, the cottage's chic palette features crisp, minimalist whites and neutrals, creating a sense of serene seaside solitude for a quiet getaway. After a walk on the sand, rinse off in the outdoor shower while savoring water views. BI Cozy home on the North Carolina shore The nautical-themed living room has a picturesque balcony overlooking the ocean. Airbnb Book this North Carolina beach home on AirbnbTypical starting price: $100Town: North Topsail BeachSleeps: 6 guests/1 bedroomsRating: 4.91A cute condo directly on North Topsail Beach in North Carolina, this is a great option for couples or small families looking for a low-key beach getaway. The bedroom has a Queen bed and there are also Twin bunk beds built directly into the hallway.Completely renovated in 2020, the apartment has a nautical-beach theme with soft blue and yellow hues, and big living room windows frame beach views. You can also head out to the balcony for a closer look. Bright colors and floral decor give this home a warm, welcoming vibe, and a seashell bed quilt and striped bar stools at the eating nook add additional beach flair. Oceanfront condo with a pool in Florida Beachy accents like a mermaid statue and marine-inspired colors set a scene that creates a real sense of place. Airbnb Book this Florida beach home with a pool on AirbnbTypical starting price: $132Town: Cape CanaveralSleeps: 4 guests/1 bedroomRating: 4.95Serenity awaits at this casual oceanfront condo in Florida's Cape Canaveral. Set on a beautiful private beach, this Airbnb Plus stands out for its whimsical decor and thoughtful amenities, which include blues of every hue from the turquoise velvet armchair to the robin's egg backsplash in the kitchen. A mirror made out of oars, a mermaid statue, and an octopus painting over the couch are all fun touches for a beach home.This is also a great place to spend your time kayaking, paddle boarding, or enjoying some much-needed downtime just lounging on the beach or pool, which are both just a few steps away. Within minutes of downtown Port Canaveral and the iconic Cocoa Beach Pier, there's plenty to do right nearby. Ocean and bay view beach house in Texas The Bolivar Flats, Anahuac national wildlife refuge, and the Smith Oak sanctuary are all nearby and great for birdwatching. Airbnb Book this Texas beach home on AirbnbTypical starting price: $130Town: Bolivar PeninsulaSleeps: 6 guests/2 bedroomsRating: 4.97Located on the bayside of the Bolivar Peninsula on Texas' Gulf Coast, this home offers one bedroom and a lofted room, plus plenty of views of both the Gulf of Mexico and East Bay. It's also just a few miles away from popular bird-watching areas including Bolivar Flats, Anahuac national wildlife refuge, and the Smith Oak sanctuary.Bright and airy, this house is perched on stilts, and underneath, you'll have a grill and a private sitting area. However, the wraparound porch is likely where you'll spend the bulk of your time, soaking in the view from the wooden Adirondack chairs.Inside isn't bad either, with soaring pitched ceilings, a big blue sectional sofa, and marble countertops and bar stools in the kitchen. Waterfront beach bungalow in North Carolina This homey bungalow has its own private beach. Airbnb Book this North Carolina beach home on AirbnbTypical starting price: $145Town: JarvisburgSleeps: 4 guests/1 bedroomRating: 4.94Relax on your own private beach or hop in a kayak and explore miles of pristine, undeveloped beaches and cypress tree-filled coves from this bungalow in Jarvisburg, North Carolina set at the confluence of the North River and the Albemarle Sound.The home is pet-friendly, and the bedroom offers a Queen sized bed as well as a futon for extra guests if you don't mind the squeeze.While not exactly modern, the bungalow has a homey vibe with string lights along the ceiling, a bright desk and bookcase, and purple cushions on the futon. The location is tranquil and fun amenities include a charcoal grill and outdoor fire pit. The house is only 15-minutes away from unspoiled shorelines and the beaches of the Outer Banks. Home overlooking the sound in North Carolina The spacious home's dock makes it easy to get out on the water. Airbnb Book this North Carolina beach home on AirbnbTypical starting price: $157Town: HertfordSleeps: 10 guests/4 bedroomsRating: 4.69Step into the backyard of this spacious home on the Albemarle Sound and you'll find nothing but peace and tranquility. Located in a quiet neighborhood in Hertford, North Carolina, the house is nice for bigger families or groups of friends.Start and end your day on the dock, which comes with a bench to sit and watch the sunrise. Apart from the views directly overlooking the sound, highlights include the coffee bar in the kitchen, a gas log fireplace in the living room, and a fully covered and screened-in porch for enjoying home-cooked barbecue from the grill.The house also comes with a washer/dryer and high-speed Wi-Fi. Chesapeake Bay beach cabin in Virginia The decor is simple with a subtle ocean theme. Airbnb Book this Virginia beach home on AirbnbTypical starting price: $199Town: NorfolkSleeps: 6 guests/3 bedroomsRating: 4.95A brand new beach cabin on the Chesapeake Bay, this spacious home is steps from the beach.During the warm months, watch the sailing regattas from the balcony on Wednesday and Sunday evenings, or walk to nearby Ocean View Beach Park to listen to live music.The decor is simple but useful, with wicker furniture accents, ocean-themed artwork, wood floors, and a big kitchen. A plaid couch and floral armchair are comfy spots to relax, though they may feel a bit dated. A patio out back adds additional hangout space. A rustic cottage in Florida This cottage has a large outdoor deck with a fire pit and access to a secluded beach. Airbnb Book this Florida cottage on AirbnbTypical starting price: $275Town: St.Augustine Sleeps: 2 guests/1 bedroom Rating: 4.90The pinewood interior and absence of electronic appliances bring an old-fashioned feel to this cottage. The cottage was originally built in 1946, but each room has been remodeled since except for the corner kitchen. The master bedroom has a plush Queen-size bed where you can fall asleep to the sounds of nearby waves crashing. Although you won't find a TV or phone, there are various ways to indulge in this home's rustic charm. A large outdoor deck overlooks an uncrowded beach and has a fire pit for chilly nights. Visit in summer and you may catch a glimpse of the sea turtles that dwell by the deck. Waterfront nest cottage in Mississippi Lounge on the spacious front porch for stunning views of the Gulf of Mexico. Airbnb Book this Mississippi beach house on AirbnbTypical starting price: $279Town: Long BeachSleeps: 4 guests/2 bedroomsRating: 4.97Set on the Mississippi Gulf Coast on ever-popular Long Beach, this waterfront cottage features breathtaking views over the Gulf of Mexico from its spacious front porch and has direct beach access.The two bedrooms can easily accommodate up to six people and inviting outdoor wicker furniture is framed by idyllic views.Inside, modern interiors include a spacious kitchen with marble countertops, soaking tubs in the bathrooms, and living room couches that face the water.  Pet-friendly oceanfront condo with pool access in South Carolina Staying here comes with access to a community pool, beaches, and bike rentals. Airbnb Book this South Carolina beach home on AirbnbTypical starting price: $261Town: Saint Helena IslandSleeps: 6 guests/2 bedroomsRating: 4.97Watch dolphins from the private balcony, walk to the beach, or laze the day away by the pool —  this oceanfront condo in South Carolina offers it all.Located in a private community just a stone's throw from one of the state's most beguiling beaches at Hunting Island State Park, the area offers miles of unspoiled beaches and is frequented by birders and nature lovers for some of the best animal sightings in the area.This second-floor condo offers one Queen bedroom and a second bedroom with a Twin bed. Guests have access to the community pool, beach, and two bikes. The unit also comes with a washer and dryer and is great for families with pets looking for a low-country getaway. Oceanfront condo in South Carolina Enjoy access to a private fishing pier, a community pool, and a pretty South Carolina beach. Airbnb Book this South Carolina beach house on AirbnbTypical starting price: $291Town: Isle of PalmsSleeps: 4 guests/1 bedroomsRating: 4.98Watch the waves roll in as you enjoy your morning coffee on the private terrace from this modern Isle of Palms condo in South Carolina. Newly renovated, this third-floor condo is especially nice for families with young children since it offers a King-size bed in the master and a bunk bed in the hallway. The decor is tasteful but beachy with coral pillows, a gray sofa, velvet armchairs, and a modern kitchen has a funky blue stone backsplash.The building has easy access to the beach and a private fishing pier, as well as a community pool and coin laundry facility.  Spacious beach house in South Carolina This expansive home is perched on half an acre on Port Royal Sound with private beach access. Airbnb Book this Hilton Head beach house on AirbnbTypical starting price: $332Town: Hilton HeadSleeps: 10 guests/3 bedroomsRating: 4.85Located on half an acre along Port Royal Sound, this three-bed, four-bath manse is capable of sleeping up to 10 people. Adjacent to a 40-acre nature preserve, staying here comes with direct views over the sound, plus private access to the beach. With an expansive, well-groomed yard for playing or relaxing under large oak trees covered in Spanish Moss, the house is also open to those looking to host a small, picture-perfect wedding or retreat with the beach and ocean as the backdrop.If this home is booked up, consider our other picks for the best vacation homes on Hilton Head Island. Beach house on a private island in South Carolina Escape to your very own private island off of Hilton Head with a beach all to yourself. Airbnb Book this private island beach house on AirbnbTypical starting price: $589Town: Hilton HeadSleeps: 6 guests/3 bedroomsRating: 4.94Instead of renting a regular old cottage on the beach, opt to claim your own private island here on Old House Cay. Accessible only by boat, this is as secluded and off-the-grid as it gets.Just a 10-minute ride away from neighboring Hilton Head Island in South Carolina, the home is part of a series of private islands that you'll have all to yourself over your stay. Experience everything from boating, fishing, and kayaking to simply lounging around the island and going for long beach walks. As far as getting around, the owners will take you and your guests back and forth from Hilton Head on their private boat as needed.Accommodations include a large, multi-story home with gorgeous wood floors, high ceilings, a modern kitchen, and a big blue dining table with room for the whole crew. All wood walls give it a hint of a cabin feel, while bright pillows and quilts add pops of color. A wooden deck with a fire pit out front is a lovely place to relax or make s'mores into the evening.  BI Beachfront condo in Southern California The beach is only a few steps away from this quaint second-floor condo. Airbnb Book this California beach house on AirbnbTypical starting price: $283Town: CarlsbadSleeps: 3 guests/1 bedroomRating: 4.90Open your door and step directly onto the sand at this charming beachfront condo in Carlsbad, California, near San Diego. Within walking distance to Carlsbad Village, this home is close to restaurants and boutiques, with a cozy set-up that is best suited to solo travelers and couples. The two-story condo unit is on the ground floor and features a brick fireplace, a small dining table and kitchen, a blue sofa with colorful pillows, and a private balcony with a table and chairs that overlook the ocean, which is just a few feet away. Beach house on a cove in Oregon A backyard trail leads to Shelter Cove where orcas often reside. Airbnb Book this Oregon beach house on AirbnbTypical starting price: $275Town: Port OrfordSleeps: 6 guests/3 bedroomsRating: 4.91Set on a cul-de-sac in the quiet neighborhood of Port Orford along the Oregon coast, this three-bedroom beach house is protected by old-growth forest and faces a cove where orcas are known to stay and take shelter.With gorgeous bay windows and total privacy within the neighborhood, along with private beach access and unobstructed views of the Lighthouse at Cape Blanco, it's tough to beat the spectacular setting. A private trail off the backyard takes you directly to Shelter Cove.The house itself offers big windows for a light and airy feel, with neutral colors of grays and creams, huge bedrooms, and a porch with a dining table, as well as a small fire pit in the yard. Cozy ocean view cabin in Northern California Breathe in the ocean air and spend time whale watching from this cliffside cabin. Airbnb Book this California beach house on AirbnbTypical starting price: $300Town: TrinidadSleeps: 5 guests/2 bedroomsRating: 4.97Tucked away in verdant Patrick Point State Park in northern California, this rustic two-bedroom cabin has incredible ocean views amid a lush forest. Top-rated features include the oversized hot tub, a picnic area overlooking the ocean, and a fire pit for roasting marshmallows after a long day. The yard offers ample space and lucky guests might even spot whales from the Adirondack chairs perched atop the lawn.The house is set on steep cliffs, which means you'll have phenomenal views, but won't be able to walk right out onto the beach. Instead, you will have to wind your way down to the shores below. Oceanview apartment in Northern California This cliffside home offers romantic views of the Pacific Ocean and Black Sands Beach. Airbnb Book this Northern California beach house on AirbnbTypical starting price: $348Town: WhitethornSleeps: 3 guests/1 bedroomRating: 4.92Overlooking the Pacific and Black Sands Beach, this one-bedroom cliffside home is lovely for a romantic trip.Inside, you'll find a private entrance and a wrap-around deck. The bedroom has a California King bed, plus a modern kitchen, bathroom, and a living room with a fireplace. There is even a private hot tub that directly faces the ocean.Take the trail from the home leading to the beach or walk or bike to any of the nearby beaches, restaurants, cafes, bars, and golf courses. The owner notes that you will need a car to get around and this home has a strict no pets policy and isn't suitable for young children. Posh beachfront apartment in Malibu This charming home has a sun-drenched interior, airy open-plan layout. Airbnb Book this Malibu beach home on AirbnbTypical starting price: $514Town: MalibuSleeps: 2 guests/1 bedroomRating: 4.99This sweet one-bedroom Airbnb Plus listing is well-placed on the iconic shores of Malibu for sweeping, dramatic views that feel plucked from a Nicholas Sparks novel.Light and airy, this seaside haven is impeccably decorated with pristine white fixtures that stand out against natural wood floors and beams. Unique details like a small, wire Eiffel Tower perched on an antique desk and old framed letters and clippings add whimsical charm.Fall asleep to the sound of ocean waves after enjoying drinks on the deck as you catch a sunset. Just know that this home is incredibly popular and tends to book almost a year in advance. Pacific Ocean beachfront home in Encinitas, California Pacific Ocean views abound from every room. Airbnb Book this Californian beach home on AirbnbTypical starting price: $516Town: EncinitasSleeps: 4 guests/2 bedroomsRating: 4.90This beach home wows right away with its stunning panoramic ocean views, available throughout the house. However, they're especially impressive from the open plan living room thanks to its arched beam ceilings that make the space feel airy and breezy.The unobstructed views are also sure to dazzle from the multiple patios, which come with a grill, lounge chairs, an outdoor shower, and a private stairway leading to the sand.The amenities are also nicely appointed, with a  fireplace, full kitchen with a wine fridge, and multiple bedrooms, some of which lead directly to the terrace.  Pet-friendly beach cottage with amazing views in Oregon This contemporary home has an outdoor shower, a gas fireplace, and a great balcony. Airbnb Book this Oregon beach cottage on AirbnbTypical starting price: $599Town: Cannon BeachSleeps: 5 guests/2 bedroomsRating: 4.98This modern beachfront home in beautiful, iconic Cannon Beach, Oregon has easy beach access just 100 feet from the front door. Inside, large picture windows offer unobstructed ocean views and a gas fireplace makes for a cozy spot. The outdoor shower is a nice way to rinse away sand after a beach day and the outdoor balcony is a great place to savor the sweeping views. At night, have a bonfire with s'mores in the yard.The pet-friendly home is located on a quiet residential street with free street parking and is within easy access of plenty of shops, grocery stores, and restaurants. FAQ: Airbnb beach houses Where is the best place to rent a beach house?The best place to rent a beach house depends on the type of beach and vacation you prefer. For year-round warm weather, look to places like Florida or Southern California.For the classic New England look of windswept beach grass, large dunes, and shingled cottages, you'll find great homes in places like Maine, Massachusetts, Connecticut, Rhode Island, and the Jersey Shore. For something posh, try the Hamptons.Bluer waters and warmer temps of course will be found within the South or West Coast, and the West Coast offers stunning scenery from California up to Oregon and Washington.How do I search for a beach house on Airbnb?You can specifically search for a beach house on Airbnb. First, input your preferred location and dates, then select More Filters, and refine results to only show beachfront homes by selecting the box that says Beachfront under Amenities.What should I look for in an Airbnb?Sorting through the vast array of homes available on Airbnb can be tough. Consider using criteria similar to what we use, which includes looking at the average rating, as well as reading up on recent reviews to ensure the home is still in top shape. Look for Superhosts and consider sorting by Airbnb Plus or Airbnb Luxe if you want a higher-end stay that's been vetted for exceptional amenities, decor, and hosting. Of course, for a beach getaway, location will be key. Be sure to look on the map and ensure before booking that the home is actually close to the beach. You don't want to arrive only to find out you actually need to take a 30-minute car ride before your toes can hit the sand. Is Airbnb safe?We strongly encourage following guidelines and advice from leading health organizations including the CDC and following local and state laws before planning a vacation of any kind. You should also be proactive when it comes to wearing a mask, washing your hands frequently, and maintaining social distancing no matter where you go.However, the CDC now recommends domestic travel as safe for fully vaccinated individuals.Experts also say that booking an entire home rental is one of the safest options for travelers right now because they eliminate encounters with others outside your traveling party, and because Airbnb mandates Enhanced Clean protocols that all hosts must now follow. What is Airbnb's cancellation policy?Cancellation policies on Airbnb differ from home to home and are set by each individual host. You can find a full breakdown of Airbnb's cancellation policies here. How we selected the best beach houses on Airbnb Every Airbnb listing is for the entire home, per current expert recommendation.All Airbnb homes are highly-rated listings with a rating of 4.7 or higher.All beach houses are located right on, or next to the beach.All take part in Airbnb's Enhanced Clean protocol program for added peace of mind.The homes offer strong value in terms of price, offerings, amenities, and location and are priced between $100 and $650 per night to start.Homes are available to book in the coming weeks and months, as of publishing. However, some homes are quite popular and book fast. Consider booking for a future vacation in a few months or next year. Find more great beach house rentals Airbnb The best Airbnbs on the Jersey ShoreThe best Airbnbs in the HamptonsThe best Airbnbs in Cape CodThe best Airbnbs in Hilton HeadThe best Airbnbs in FloridaThe best Airbnbs in Myrtle Beach The best Airbnbs in Virginia BeachThe best vacation rentals in the Outer BanksThe best vacation rentals in Ocean City  Read the original article on Business Insider.....»»

Category: worldSource: nytSep 23rd, 2021

Pamper yourself at these 10 hotel spas in the US, from Arizona"s hot springs to New York"s Finger Lakes

We found the best hotels with spas in the US for self-care, from restorative treatments to guided meditation and holistic wellness. When you buy through our links, Insider may earn an affiliate commission. Learn more. Aman Resorts A getaway to de-stress sounds more enticing than ever. Many hotels have incredible spas rooted in helping you relax; some of the best are in the US. The best hotels with spas range from $97 to well over $1,000 - no passport required. Table of Contents: Masthead StickyMany of us are looking to finally return to travel with a focus on much-needed wellness. Fortunately, the US offers some of the best destination spas on the planet in hotels housed everywhere from urban oases in major metros to remote retreats nestled on beaches and islands.As a travel writer with an emphasis on luxury, I've experienced hotels with spas that are simply otherworldly. My top picks boast expansive facilities with soothing designs, innovative technologies, and holistic approaches like meditation and acupuncture. If you're ready to invest in some serious self-care, keep reading for the best hotels with spas in the US. Though, if you're looking for something more far-flung while keeping to a budget, we also rounded up the most affordable hotel spas around the world.Browse all the best hotels with spas below, or jump directly to a specific area here:The best hotels with spas in the USFAQ: Hotels with spasHow we selected the best hotels with spasMore of the most incredible hotelsThese are the best hotels with spas in the US, sorted by price from low to high. Resorts World Las Vegas Resorts World Las Vegas opened in June as the first integrated complex to go up on the Strip in over a decade. Tripadvisor Book Resorts World Las VegasCategory: BudgetLocation: Las Vegas, NevadaTypical starting/peak price: $97/$263Best for: Families, couples, groups of friends, solo travelers, business travelersOn-site amenities: An enormous slate of dining, entertainment, nightlife, and retail options, plus pools, spa, fitness center, casinoSpa features: The theatrical Art of Aufguss experience (the first of its kind in the US), Fountain of Youth experience with six vitality pools, foot spa lounge, bodywork, facialsPros: As the newest full-scale resort-casino property on the strip, Resorts World is a buzzy new option with a full suite of amenities in addition to the next-level spa.Cons: Although it's the newest, this isn't the poshest hotel in Vegas compared with pricier, more upscale resorts with tricked-out guest rooms.The Strip's newest integrated resort (that is, a major resort property that includes a hotel, casino, entertainment, convention facilities, retail, and more) comes with a unique and Vegas-worthy spa experience: Awana Spa. The spa offers an experience not available anywhere else in the country, known as the Art of Aufguss. This unique treatment-slash-show within the spa was inspired by European saunas that provide rejuvenation and socializing with the communal goal of wellness. The spa showcases a theater-inspired heated room with aromatherapy, choreographed music, lighting, and dancing towels, and it's as avant garde as it is relaxing. Here, each "sauna meister" curates a 30-minute themed experience.The Fountain of Youth is an experience within the spa that houses a network of six vitality pools, heated crystal laconium room, tepidarium chairs, vapor-filled steam rooms, cool mist showers, and an experiential "rain walk." The huge co-ed facility features LED screens and immersive experiences that change throughout the day; when the projection transports guests to various picturesque destinations, the room's temperature and other details change to match the displayed setting. The spa also offers traditional facials and body work, and has a foot spa lounge. Resorts World is the first complex like it to be built on the Las Vegas Strip in more than a decade. The $4.3 billion property has 3,500 guest rooms and suites, gaming, more than 40 food and beverage options, and nightlife. Through its partnership with Hilton, the development includes the Las Vegas Hilton, Conrad Las Vegas, and Crockfords Las Vegas. COVID-19 procedures are available here. Inns of Aurora Inns of Aurora is a luxury lakeside boutique resort in the Finger Lakes with a 15,000-square-foot spa. Inns of Aurora Book Inns of AuroraCategory: BoutiqueLocation: Aurora, New YorkTypical starting/peak price: $187/$360Best for: Families, couples, groups of friends, business travelersOn-site amenities: Multiple dining options, spa, activity center, meeting and event spaceSpa features: Indoor and outdoor hydrotherapy pools, meditation spaces, 10 treatment rooms (4 with fireplaces), inclusive gender-neutral spacesPros: The location is dreamy and remote with stunning lake views, and the spa is new and expansive.Cons: While most reviews are overwhelmingly positive, some critical reviewers noted there were limited food options.Founded in 1789, the Village of Aurora is a tiny, serene village in New York's pristine Finger Lakes region. Set on 350 acres of rolling farmland overlooking the lake, the property has five inns in all. Entry-level accommodations at the Aurora Inn have luxurious Queen beds outfitted in Frette linens, a comfortable seating area, and a writer's desk. Balconies with rocking chairs add charm in warmer months, as do gas fireplaces in the cooler ones.Known for its extensive wellness offerings, the Inns of Aurora has a 15,000-square-foot spa and healing center, The Spa at the Inns of Aurora, which takes a holistic approach to wellness. Indoor and outdoor spaces offer views of Cayuga Lake and there are six indoor and outdoor hydrotherapy pools, multiple meditation spaces, 10 treatment rooms (four outfitted with warming fireplaces), and inclusive gender-neutral spaces, along with unobstructed access to lush lavender fields for outdoor massages and relaxing strolls among nature trails. COVID-19 procedures are available here. Carillon Miami Wellness Resort At 70,000 square feet, Carillon Miami Wellness Resort is the largest spa center on the Eastern seaboard. Tripadvisor Book Carillon Miami Wellness ResortCategory: LuxuryLocation: Miami, FloridaTypical starting/peak price: $298/$625Best for: Couples, groups of friendsOn-site amenities: Multiple dining options, spa, wellness activities, fitness classes, beach clubSpa features: 70,000-square-foot Finnish spa and wellness facility with vitality tub, steam room, foot spa, cooling "igloo" room, experiential rain showers, thermal loungers, salt float bathPros: The spa has every treatment you could imagine, including innovative and high-tech approaches. Apartment-style lodgings are large and offer homey comfort.Cons: Critical reviews say the rooms are due for a sprucing.Located on the white sands of Miami Beach, Carillon Miami Wellness Resort is the only fully dedicated wellness resort in South Florida. Indeed, the 70,000-square-foot spa is the largest on the Eastern seaboard.Everything about staying here is plush, starting with well-appointed, apartment-sized accommodations that range from one- to two-bedroom layouts, starting at 720 square feet. They feature floor-to-ceiling windows with ocean views, a separate living room, a fully equipped kitchen, and a spa-like bathroom.Wellness offerings are abundant, including a range of ultra-high-tech services and amenities such as a futuristic cabin with a height-adjustable water bed, heated water mattress, color therapy, steam bath with aromatherapy, Vichy shower with six jets, and Vibro massage.​​Carillon also recently launched a touchless wellness program meant to target a range of issues like sleep health, anxiety, muscle recovery, weight loss, respiratory health, and mental and spiritual wellness.Come here to indulge with a one-of-a-kind thermal therapy experience, or sweat it out in 65 fitness classes held each week. Traditional Chinese medicine and a medical wellness division are also offered. Just note that spa treatments are not included in the room rate.COVID-19 procedures are available here. Peninsula Chicago Peninsula Chicago has 339 guest rooms and a sleek spa with an indoor pool. The Peninsula Chicago Book Peninsula ChicagoCategory: LuxuryLocation: Chicago, IllinoisTypical starting/peak prices: $399/$720Best for: Families, couples, groups of friends, business travelers On-site amenities: Multiple restaurants, rooftop lounge, spa, fitness center, pool, event venuesSpa features: Rejuvenation lounge with fireplace, yoga room, fitness center, half-Olympic poolPros: Peninsula Chicago is known for its top-end service, luxurious accommodations, and supremely walkable location on Chicago's Michigan Mile.Cons: Among mostly glowing reviews, few critical guests expressed higher hopes for the property given other experiences with the Peninsula brand.Located on the Magnificent Mile in the heart of Chicago's premier shopping district, this 339-guest room hotel features three restaurants, a rooftop lounge, and glam rooms. Even the entry-level guest rooms are some of the most spacious accommodations in town. Facing south over Superior Street, the Superior rooms are bright and airy with sophisticated decor in muted earth tones and signature blues alongside rich wood and cream leather accents.The Peninsula Chicago's spa is an exquisite urban retreat, with an indoor half-Olympic length swimming pool surrounded by floor-to-ceiling windows for jaw-dropping views of the city from the 19th floor.This Peninsula Chicago spa is the first hotel spa destination in the city to offer ultra-posh treatments using the famously expensive and splurge-worthy Biologique Recherche. There's also a relaxation lounge with a fireplace, a fully-equipped fitness center, and a yoga room. COVID-19 procedures are available here. Lake Austin Spa Resort Lake Austin Spa Resort covers 19 lakefront acres for a wellness getaway that feels a world away. Tripadvisor Book Lake Austin Spa ResortCategory: LuxuryLocation: Austin, TexasTypical starting/peak prices: $525/$1,450Best for: Couples, groups of friends, solo travelersOn-site amenities: Spa, pool, restaurant, boutique, fitness center, water sportsSpa features: Aster Café, private couples suites, more than 100 treatments and services, day passesPros: Room rates are all-inclusive, meaning your overnight price comes with three gourmet meals per day and all the fitness classes you can handle.Cons: The all-inclusive rate isn't totally all-encompassing as spa treatments are not included.Located 30 minutes from downtown Austin and speak on 19 lakefront acres, the Lake Austin Spa Resort feels tucked far away from any urban bustle. As an all-inclusive resort, the majority of offerings are covered by the rate. While it doesn't include spa treatments, it does include three gourmet meals made from ingredients grown on-site each day, as well as morning yoga classes, water sports on the lake, and stargazing sessions with an astrologer. Think of this as an adult version of a summer camp, where the emphasis is on mindfulness and fitness.Overnight guests stay in one of 40 French country-style accommodations, which range from quaint rooms with private meditation gardens to the elaborate Lady Bird Suite with a private hot tub. Each comes with fresh-cut daily flowers, Veuve Clicquot champagne upon arrival, a De'Longhi Lattissima Pro Espresso Machine, and toiletries with the spa's signature lavender scent, created from plants grown on-site.The 25,000-square-foot LakeHouse Spa offers fresh, seasonal dining at Aster Café, private couples suites, and a range of treatments using ancient and modern therapeutic techniques in a serene setting. COVID-19 procedures are available here. The Ritz-Carlton Bacara, Santa Barbara The Ritz-Carlton Bacara in Santa Barbara has the largest spa of any Ritz-Carlton in the country. Tripadvisor Book The Ritz-Carlton Bacara, Santa BarbaraCategory: LuxuryLocation: Santa Barbara, CaliforniaTypical starting/peak prices: $779/$1,379Best for: Couples, families, groups of friends, business travelersOn-site amenities: Pools, spa, multiple dining options, a 12,000-bottle wine collection and tasting room, event spaceSpa features: 42,000 square feet of indoor-outdoor space with fireside lounges, rooftop terrace, poolPros: The pools, beaches, and gardens here are all spectacular and the views can't be beaten. There is also a full suite of amenities and the service is exceptional.Cons: The large, sprawling property can pose a challenge for travelers with mobility issues.The Spa atThe Ritz-Carlton Bacara, Santa Barbara is a magnificent retreat, sprawling across 78 acres of lush land overlooking the Pacific. It has access to two beaches and offers three infinity-edge pools, two of which have gorgeous ocean views.Guest accommodations also have views of the sea, or the pool or garden from individual patios or balconies, and entry-level rooms start at a generous 450 square feet. The design is coastal, with dark woods and beams, Frette linens, deep soaking tubs, marble showers, and Asprey bath amenities. Newly debuted fireside garden rooms offer patios with private fire pits.The spa, however, is the standout feature, a stunning 42,000-square-foot sanctuary — and the largest out of all the Ritz-Carlton properties in the country. There are abundant indoor and outdoor spaces for relaxation, with fireside lounges, a rooftop terrace, a swimming pool, and more.The spa menu features locally inspired, luxury rituals that pay tribute to the scenic California landscape. For instance, the Hollywood facial is a decadent treatment integrating three of the industry's top-trending technologies: HydraFacialä, Nutraceuticals, and NuFace Microcurrent. Or branch out with the Spirulina Wrap, which uses live spirulina algae to revitalize the skin. Other services include acupuncture, massages, skincare, and hair and nail services.When it's time to eat, on-site restaurants Angel Oak steakhouse and 'O' Bar + Kitchen offer locally sourced cuisine and wines.COVID-19 procedures are available here. Castle Hot Springs Castle Hot Springs dates back to 1896 and was recently renovated. Tripadvisor Book Castle Hot SpringsCategory: LuxuryLocation: Morristown, ArizonaTypical starting/peak prices: $1,500/$2,100Best for: Couples, families, groups of friendsOn-site amenities: Resort pool, hot springs pools, on-property farm, Arizona's first Via Ferrata cable climbing courseSpa features: Multiple mineral pools, spa treatments in alfresco cabanas, yoga, meditationPros: Meals are included at this recently overhauled resort. Deeply steeped in history, it's all about wellness through local, natural means, such as an on-site farm operation and hot springs. Cons: While most reviews are overwhelmingly positive, critical reviewers noted spotty service compared with their expectation for the price point.Castle Hot Springs is Arizona's first luxury resort, originally founded in 1896 as a holistic wellness retreat. Situated 50 miles outside of Phoenix in the Sonoran Desert, the 34-room resort feels a world apart from the demands of urban life and incorporates ancient hot springs and a digital detox philosophy into every stay.Historically, visitors came for the minerals' cures for ailments like rheumatism, gout, arthritis, and general aches and pains, which the pools were said to relieve. More than 200,000 gallons of mineral-rich water still flow through the pools each day.All guest suites (bungalows, cottages, and cabins) feature outdoor stone tubs plumbed with hot springs water, and telescopes outside lodgings encourage stargazing. Wellness features heavily, with a slate of offerings including access to thermal waters, which cascade into three pools ranging from 96 degrees to 86 degrees. The natural waters take on colors that reflect the minerals running through them: Lithium is a deep purple shade, iron looks red, and oxidized copper is in blues and greens. Other wellness spa services, yoga, and meditation are provided in custom cabanas set along the spring water creek under palm trees for a wholly rejuvenating experience.COVID-19 procedures are available here. Miraval Arizona Resort & Spa Arizona's Miraval is known around the world as a go-to destination for wellness enthusiasts. Tripadvisor Book Miraval Arizona Resort & SpaCategory: LuxuryLocation: Tucson, ArizonaTypical starting/peak price: $1,138/$1,518Best for: Couples, groups of friends, solo travelersOn-site amenities: Spa, pool, fitness and wellness classes, tennis, golf, hiking on Camelback MountainSpa features: Ayurveda, energy work, traditional massage, acupuncture, multiple meditation spaces including two labyrinthsPros: Meals and activities are included, which packs the steep nightly room rate with value.Cons: Not everything is included. Expect to splash out a lot more for spa treatments and other extras. Situated on 400 acres outside Tucson, nestled in the Santa Catalina Mountains, Miraval is a well-established and world-renowned domestic wellness getaway.Guests are asked to unplug and tuck their devices away before checking into spacious suites that come with hot tubs, walk-in showers, fireplaces, dining areas, and private patios. Extra wellness-minded touches include an organic pillow menu, a Tibetan singing bowl, coloring books, a community journal, and an essential oil diffuser, available on request. Room rates also include a nightly credit, all meals, and more than 200 classes and activities. Spa treatments are not included, but shouldn't be missed at the Life in Balance Spa, which features a myriad of services including Ayurveda, energy work, traditional massage, and acupuncture.Many spaces on-site encourage reflection and meditation including two labyrinths, an outdoor kiva, and a designated quiet room with mountain views. Experiences here combine yoga, meditation, and wellness, with spiritual journeys, culinary workshops, and outdoor activities.COVID-19 procedures are available here. Four Seasons Resort Lanai and Sensei Lanai, A Four Seasons Resort Four Seasons Resort Lanai and Sensei Lanai offer wellness, activities, and natural beauty on the Hawaiian island. Tripadvisor Book Four Seasons Resort Lanai and Sensei Lanai, A Four Seasons ResortCategory: LuxuryLocation: Lanai, HawaiiTypical starting/peak prices: $1,700/$2,585Best for: Families (Four Seasons Resort Lanai only), couples, business travelers, groups of friends, solo travelers (Sensei Lanai)On-site amenities: Pools, gardens, wellness offerings, activities (including archery and shooting range), food and drink from celebrity chef Nobu Matsuhisa Spa features: Private spa hales with steam and infrared saunas, traditional Japanese soaking tubs, outdoor showers, pools, one-on-one healing sessions like guided meditation or nutrition, couples suites, locally inspired treatmentsPros: Wellness offerings here are unparalleled, especially at Sensei where it's the focus. Airfare from Honolulu on Lanai Air is always included with Sensei Lanai. The natural beauty and service are among the world's most impeccable. Cons: Kids are not permitted at Sensei Lanai, although they are doted upon at Four Seasons Resort Lanai.This secluded 90,000-acre paradise on Hawaii's island of Lanai offers luxe accommodations at the beachfront Four Seasons Resort Lanai or wellness destination, Sensei Lanai, A Four Seasons Resort.The Four Seasons Resort Lanai is perfectly luxe with 213 guest rooms, multiple outdoor restaurants (including Nobu Lanai), Four Seasons' Kids for All Seasons kids' club, a beach and pool with seating areas tucked among tropical gardens, luxury boutiques, and an array of included classes and events.But if wellness is on your mind, and you don't have kids in tow, choose the adults-only Sensei Lanai, A Four Seasons Resort instead, set on 24 acres where spa where wellness is the top priority.Visitors select a curated well-being experience or design their own a la carte itineraries from options that include guided sessions on mindset or nutrition, as well as spa treatments, salon services, and a range of land and sea activities. Daily small-group yoga, fitness, and meditation, as well as guided hikes and weekly lectures are included.The 96-room resort offers Chef Nobu Matsuhisa's classics as well as menu selections that incorporate Sensei's nutritional philosophy created in partnership with Sensei's co-founder Dr. David Agus. The outdoor facilities include a 24-hour fitness center, movement studios, a yoga pavilion and outdoor yoga spaces, an 18-hole putting course, onsen baths, an oasis pool with lap lanes, and gardens with lush flora as well as sculpture and art. COVID-19 procedures are available here. Amangiri Amangiri is the wellness favorite for celebrities and A-listers looking to recharge in the desert. TripAdvisor/emtrip27 Book AmangiriCategory: LuxuryLocation: Canyon Point, UtahTypical starting/peak prices: $1,931/$3,500Best for: Couples, familiesOn-site amenities: Restaurant, 25,000-square-foot Aman Spa, national park tours, private air toursSpa features: Redwood-paneled treatment rooms, movement and fitness studios, 2 steam rooms, yoga, pilates, holistic Navajo-inspired therapiesPros: Amangiri is surrounded by unparalleled natural beauty and privacy. The design and service are otherworldly, equally indulgent for adventurers and luxury lovers.Cons: Though this property is close to flawless, for the over-the-top price point, guests expect impeccable service and are hyper-aware of even the smallest shortcomings.Amangiri is a celeb-adored Utah property situated on 600 acres in a protected valley, famous for sweeping views over towering mesas and dramatically stratified rock facing Grand Staircase-Escalante National Monument. The resort is built around a spectacular swimming pool defined by a jaw-dropping stone escarpment. There are 34 suites, many with private swimming pools and roof terraces. Suites are large with clean lines and natural materials, reflecting the surrounding Utah desert. Think white stone floors, concrete walls, natural timbers, and blackened steel finishings. Each suite has a fireplace and an outdoor lounge area. The Wellness Center at Amangani is a relaxing retreat with four redwood-paneled treatment rooms, movement and fitness studios and two steam rooms. Book beauty treatments and restorative therapies inspired by the holistic wellbeing traditions of the Navajo, or sign up for a day of wildlife treks, a private yoga, or a pilates session. Nourishing treatments, seasonal rituals, and holistic massages are all designed to help you unwind. In 2021, the resort introduced the Cave Peak Stairway, an installation that rises 400 feet above the ground, for outrageous views of the property. Thrill-seekers can climb the 120 steps leading from the resort's existing Cave Peak Via Ferrata Trail with just open air below.COVID-19 procedures are available here. FAQ: Hotels with spas Can I use a hotel spa without staying overnight?Whether or not you may use a hotel spa without staying overnight depends on the individual hotel and its policies. In some cases, hotels restrict the use of their spas and pool facilities to guests only in order to keep the experience intimate and private. In other cases, non-overnight guests may pay for a day pass to access the facilities, either directly through the hotel or through a third-party platform such as ResortPass, or visit simply by booking a treatment.Does spa access always come with the cost of a room night?Staying at a hotel doesn't always guarantee spa entry. In some cases, such as Awana Spa in Las Vegas, the room night might cost as low as $97 but using the spa is not included in the price, and spa access starts at $100 for hotel guests. Access is included, however, with the purchase of a 50-minute or longer treatment. Most hotels on this list have similar policiesWhere are the best hotels with spas in the US?As demonstrated by this list, there are excellent destination hotel spas throughout the United States, from urban day spas to remote retreats. Many are clustered around destinations known for wellness, such as Arizona and California, or destinations known for healing natural environments, like Hawaii. Others are simply known for providing flat-out luxury to travelers with money to spend, such as in Miami or Las Vegas.Is it safe to stay in a hotel?The CDC advises that fully vaccinated people can safely travel domestically. While hotels do provide opportunities for face-to-face interactions with staff and other guests in common spaces like check-in desks, lobbies, and dining venues, experts say guests who exercise proper precautions can stay safely in hotels. No travel is completely risk-free and we recommend following CDC current guidelines as well as all applicable local protocols at the time of travel. How we selected the best hotels with spas Hotels with spas are located throughout the US only.Each has a Trip Advisor rating of "Very Good" or above with a substantial number of reviews, and is highly rated on other trusted traveler platforms like Booking.com.We focused on amenity-rich properties at a range of price points, starting from just $97 and ranging to well over $1,000 per night for famously posh properties with lavish inclusions.We looked for hotels with spas that had extensive offerings including innovative technologies and holistic wellness approaches. We also sought spas that were large and beautifully designed.In addition to spas, we selected properties with notable amenities like pools, restaurants, and other notable features. And we focused on desirable destinations, from flashy urban to serene natural settings.Each hotel promotes rigorous COVID-19 policies and protocols to reassure and protect guests. More of the most incredible hotels Tripadvisor The best luxury hotels in the USThe most affordable spa hotels in the worldThe best hotel pools in the USThe best hotels with private plunge poolsThe most romantic hotels in the USThe best hotels with affordable overwater bungalowsThe best beach hotels in the USThe best island hotels in the US Read the original article on Business Insider.....»»

Category: worldSource: nytSep 22nd, 2021

Warner Bros Discovery CEO Explains Decision To Shut Down CNN+

Following is the unofficial transcript of a CNBC exclusive interview with Warner Bros Discovery Inc (NASDAQ:WBD) CEO David Zaslav on CNBC’s “Squawk Box” (M-F 6AM – 9AM ET) today, Wednesday, May 18th. Following is a link to video on CNBC.com: Warner Bros Discovery CEO David Zaslav Explains Decision To Shut Down CNN+ JOE KERNEN: The newly […] Following is the unofficial transcript of a CNBC exclusive interview with Warner Bros Discovery Inc (NASDAQ:WBD) CEO David Zaslav on CNBC’s “Squawk Box” (M-F 6AM – 9AM ET) today, Wednesday, May 18th. Following is a link to video on CNBC.com: Warner Bros Discovery CEO David Zaslav Explains Decision To Shut Down CNN+ JOE KERNEN: The newly combined Warner Bros Discovery is about one month into its new era as a global entertainment company. Joining us now in an exclusive interview, his first since the merger closed is David Zaslav, Warner Bros Discovery CEO. It’s great to have you on set. .first{clear:both;margin-left:0}.one-third{width:31.034482758621%;float:left;margin-left:3.448275862069%}.two-thirds{width:65.51724137931%;float:left}form.ebook-styles .af-element input{border:0;border-radius:0;padding:8px}form.ebook-styles .af-element{width:220px;float:left}form.ebook-styles .af-element.buttonContainer{width:115px;float:left;margin-left: 6px;}form.ebook-styles .af-element.buttonContainer input.submit{width:115px;padding:10px 6px 8px;text-transform:uppercase;border-radius:0;border:0;font-size:15px}form.ebook-styles .af-body.af-standards input.submit{width:115px}form.ebook-styles .af-element.privacyPolicy{width:100%;font-size:12px;margin:10px auto 0}form.ebook-styles .af-element.privacyPolicy p{font-size:11px;margin-bottom:0}form.ebook-styles .af-body input.text{height:40px;padding:2px 10px !important} form.ebook-styles .error, form.ebook-styles #error { color:#d00; } form.ebook-styles .formfields h1, form.ebook-styles .formfields #mg-logo, form.ebook-styles .formfields #mg-footer { display: none; } form.ebook-styles .formfields { font-size: 12px; } form.ebook-styles .formfields p { margin: 4px 0; } Get The Full Ray Dalio Series in PDF Get the entire 10-part series on Ray Dalio in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';}(jQuery));var $mcj = jQuery.noConflict(true); Q1 2022 hedge fund letters, conferences and more ZASLAV: I got all dressed up. KERNEN: You did. ZASLAV: For you and Becky. KERNEN: You did. BECKY QUICK: I like those suits too. KERNEN: You look good and the less color and the more sort of just static color, that's a Hollywood thing. You don't need to be flashy out there because you you're you've made it. You've arrived. And you live out— ZASLAV: Thank you. KERNEN: Don’t you live out there now? ZASLAV: Between New York and LA. KERNEN: You do. So you came into this at a really interesting point given what we've seen with with streaming and Netflix and across the board, Disney all these things that have happened when you came in, but you with that CNN+ move, you already seem to grasp sort of the changing landscape. Is that fair to say, David? ZASLAV: Well, I don't know that any of us really fully grasp it because we're trying to figure out what the consumers want. So when when we conceive this transaction, we just thought the idea of multiple people going into multiple places to get their content was a challenge and to keep it really, really simple. We have the best in entertainment and lifestyle and sports and news and make it all available to the extent that you can in one place in an easy package so everyone in the family can enjoy the product. So and I think, you know, we have great content. And so, as we begin to navigate whether we're right or whether we're wrong and how people want to consume content, we have I think the best content. KERNEN: But you’ve got some synergy promises in terms of what you can save and you've also got some debt obviously to deal with and you've got this sort of this new paradigm that we're looking at. All that put together makes me think they might have the right guy because you might not be very nice in certain ways about about things that you need to do. ZASLAV: You know, you guys know that I'm nice. But— KERNEN: No, you are nice. You know what I’m saying you know how to run a company with— ZASLAV: This isn’t about, this isn’t show friends, this is show business. This is all— KERNEN: You’re not going to blow a lot of money. You’re not going to blow a lot of money chasing— ZASLAV: No. We’re very disciplined. We invest where we think we can get return. This is a business and it's a great business and one of the things I think that became quite clear in the last month and a half in this market disruption is Netflix is a great, great company. And it's been the market leader for many, many years for our business and in in many ways, it's sort of said to everyone, it's all about streaming and it's all about streaming growth. But we've always felt that it is about streaming and streaming growth, but it's also about business fundamentals. It's about free cash flow, it's about earnings. And when you look at the Warner Bros Discovery company, we're generating real earnings, real free cash flow. We’re, you know, here in the US we have the upfront coming up today and we're larger than any one of the broadcasters and their portfolios and we go to market with a real good business, our traditional business here in the US. We’re the largest international business and so you know, I think as we look at ourselves, we're very diversified. QUICK: If if the, if this is back on your playing field, look, if everybody has to operate in a real business environment like you're doing you're you're playing your game from a position of strength on that. But you just said you're going to be disciplined. You're not going to spend the money on this. People have heard that loud and clear. Ari Emanuel was here last week and he said, look, whatever Zaslav and the rest of them say they're still going to have to pay for content that this is a really big place for it. If they don't pay up, they'll miss out on the best content. How do you kind of square up what he's seeing with your idea that look, we're going to be disciplined with this and the spend? ZASLAV: Well, first, I think Ari’s right. This year, we're spending $22 billion on content. The question is as you look at HBO and HBO Max right now, it's Casey's doing an amazing job. Some of the best maybe the best content out there right now, whether it's “Euphoria” had 25 million people watching on Sunday night, “Gilded Age,” “The Staircase,” the “Game of Thrones” prequel is coming “House of Dragons.” So the question is, you have “Hacks” that just launched if you have “Gilded Age,” if you have “Hacks,” if you have “The Staircase,” if you have “Euphoria,” and you have the biggest TV library and movie library and lifestyle library, you know, how many series do you need at one particular time and as opposed to saying, you know, let me have 10 new series this quarter. It may be that when you have when you have “Friends” and “Big Bang” and all the movies and all of our lifestyle that we only need four great series, or five or six. So we're going to look at how much do we need to nourish an audience not just let's throw everything that we have at it and, you know, from a diversity perspective, we have all the different content that we can put in. We can even put news in which we've done in Europe. KERNEN: Well I want to ask you about that because I don't, I don’t, is there a big market for news on streaming? Does it work? ZASLAV: I think there is. KERNEN: You do. ZASLAV: Well first we have, we have CNN.com, which is the largest digital news business in America. KERNEN: Right, okay. ZASLAV: So when people want to get what's happening in America, there was a shooting, what happened with the election, there's more people that go to CNN online and the advertisers get the support, be supportive of that. In Europe and in for instance in Poland where we have a very big news business, we put it together with news, sports and entertainment in our offering in our streaming product, our SVOD product, and it reduced churn and it increased subscribers and it's because the the churn goes down and growth goes up when more people in the home use the product and when they use it more often and news just happens to be a product that people check in on like we check in with you every morning. KERNEN: You remember the last time we saw you in Pebble and you weren't able to really comment on CNN+ and what was going to happen. Now we know so I want to, I just want to can you tell us any more about what happened? I guess you want to look forward. You don't want to look back, but that was a little bit, I don't know whether it's surprising but it was very quick. Were you sending a message about how you're going to manage this company with that and why’d they launch? Were you unable to say anything before then, did they rush it, what what really happened, David? Can you tell us now, now that it's in the past? ZASLAV: Well look, I think it's appropriate that they were running their business, you know, under the laws right until you own a business. KERNEN: You can't— ZASLAV: People that own it get to decide what to do with it. We're very focused on CNN, we believe CNN is is a critical asset to us. It's a leader in news gathering around the world. We're focused on having, you have most of the cable networks, news networks around the world and here in the US, they’re advocacy networks. They're out, they’re advocacy networks to the left, advocacy networks to the right. We think there's a real opportunity for CNN— KERNEN: Remember John Malone said maybe hire some journalists that might that might be the first idea at CNN. Do you have the right journalists there now to cover news that’s not advocacy? ZASLAV: Look, we have great, well first we have a great, we probably have, we do have the largest number of journalists in the world. We have, we have 81 people in Poland, the Ukraine and Russia right now. KERNEN: You keep going over there to talk to sell the strengths of CNN. Don’t you, you have strengths here, right? ZASLAV: We have great strengths here. We think we have more journalists in the US than anyone else. But what we're going to do with Chris Licht is going to do is, as there are networks here that are advocating right and left, Chris is going to be advocating for truth. He's going to be advocating for facts. He's going to be advocating for journalism first. And I think, you know, I think there's a very big lane for CNN. I think people in America are, they're looking for a place where people aren’t yelling and giving opinions, you know, and they're looking for more news and so that's what you'll see from CNN. On CNN+, there was no message it was a business decision. We looked at it and we looked at the data, the number of users they had spent an enormous amount of money trying to sell an independent product. The subscribers weren't there, the users weren't there. We looked at it together. We had a chance to look at all the data and when we looked at the data, it was, the business wasn't there. KERNEN: You fired McKinsey? Those numbers were a little they were they were a little pie in the sky would you say what was possible? Did you send a message by by by cutting your losses and saying this is a way it's going to be for the rest of the business. When I need to something, I’m going to do it with a— ZASLAV: If we saw good numbers, and we thought that there was a real market for an independent news service for $6, we're, you know, we we would have driven that as a real business. Philosophically, we thought having been in business in Europe now for the last 10 years in direct to consumer that simple for consumers is easier. And so we tried independent sport, we tried independent products, and in the end we landed that putting it all together in one product with more value was what worked best. QUICK: Does that mean putting Discovery+ and HBO Max together? ZASLAV: We will. We will come to market with one product. QUICK: Everything, CNN mixed in. ZASLAV: All, we gotta decide what we do with CNN. But there will be some of CNN news’ product on there. They're already, they're already is and we're going to make an announcement today on more that will be on there. But we will have one product and I think it's going to be really compelling because it's, Netflix has a great product. Disney has a has a terrific product. But the diversity of content that we have, whether it's the the great HBO content, the great library content, “Friends,” “Big Bang Theory,” the great movies, the biggest movie library and then we have food, HG, Discovery, Oprah, Chip and Joanna Gaines and when we put that all together, I think we're going to see something that will appeal to everyone in the family and we've gotten some hints on it. HBO Max is doing great and has tremendous appeal. Huge audiences come in. We don't get that kind of audience at Discovery+. KERNEN: Quality. Makes a difference, yeah. ZASLAV: 20 million people. And on in Discovery+, we have very low churn and we're still doing very nicely so together we think we're gonna have a great product. QUICK: Andrew’s just got a question. ANDREW ROSS SORKIN: Hey David. As one of the great dealmakers of our time and I I want to get your perspective on just what the rest of the chessboard looks like at a conference where that was actually the conversation at dinner last night in terms of further consolidation in this industry as everybody was chasing or at least thought they were chasing a Netflix like multiple. Now that that multiples no longer there and actually some prices of things have actually come down, how you think the rest of it shakes out? We just saw Warren Buffett's Berkshire Hathaway buy a piece of of Paramount Global. What do you think regulators would allow, wouldn't allow at this point in the ballgame? ZASLAV: Well, thanks. Good to see you, Andrew. First it's actually a year ago yesterday that that we announced our deal and we were able to get the deal done and approved in less than 11 months. And so for us, the process was quite effective. And it's exciting that we're able to get it done and be in a position to go to the advertising market now. Our number one focus is how did the assets that we have work for us in in the in the marketplace that we're facing today, and we're the largest maker of content with Warner Bros. Television and Warner Bros. Motion Pictures. We have together 100 million subscribers about between Discovery and and Warner as Warner Bros Discovery. And we have a great traditional business around the world with free to air channels and cable channels and sports and news and so I feel like strategically we’re quite complete and we're probably the most complete and diversified media company in the world. And so, you know, for us, we're going to be head down, let’s drive this business. Let's get a single product into the market. Let's show how much free cash flow that we can generate. And let's show that we have a diversified real growth business. That's real. I do think that the world is changing that, you know, if you look at at the leader in our business as Netflix, they were leading and we the the currency was subscribers, not free cash flow. And so as the market determines how they're going to value different media companies, it'll have a real impact on what people chase. From our perspective, we're not chasing anything. We've always been very clear, free cash at Discovery, free cash flow is king. We want to drive real growth, get more people spending time with our content on all platforms and if we do that and we make real money, that ultimately the market will give us, you know, substantial value for that. KERNEN: You’re a, you’re a movie mogul now too. Should should Adam Aron go full into just lithium mining or do we keep the theaters? You were recently named on the board of Cinematheque, what Americans, does that mean you see the value of the big opening and is that going to continue? ZASLAV: Look, I've said from the day that we closed this, that we announced this transaction, we have Warner Bros. Motion Pictures. It's 100 years old in six months. There's nothing like the big screen and you go with your friends, the lights go down and you look up at that big screen— KERNEN: Right, the popcorn. ZASLAV: And it's it's magic. KERNEN: The fake butter, there’s a lot— ZASLAV: It changed the culture, it changes the way people see things. It changes the way people see themselves. And that's not going away. The last year— QUICK: But is that theatrical release window going to be shorter? ZASLAV: I think it’ll be shorter but look, what we've learned so far is when Batman came back to HBO Max after 45 days, it was a very strong driver and the more research, we see this idea of going direct to streaming, I never thought it made sense. Why would you collapse a great business? QUICK: But a shorter window is— ZASLAV: A shorter window works because if you you know if you market what you do aggressively for these titles, and then you tell somebody that this is important and they hear word of mouth. For instance, we're about to do that, do this on “Elvis,” which we're going to launch soon. Then when it hits the streaming service, the feeling is it's something special. And so I think you'll see some of the streaming companies saying I gotta get into the motion picture business. KERNEN: Would you— ZASLAV: So I think what's old is going to be new again and we have that that's a big strength— KERNEN: Have you had a conversation with, Alan Horn is a friend of yours isn’t he, have you had a conversation— ZASLAV: I love Alan. KERNEN: Have you had a conversation with him about he's 79 that doesn't mean anything anymore, does it. I think the president’s, would you bring him back? ZASLAV: The gift of the last 11 months is I haven't been able to I wasn't able to do anything until this deal closed but I was able to talk to a lot of people. There's a lot that I don't know. There's a lot that we as a company don't know and so I spent a lot of time with Alan. I spent a lot of time with with with with most of the old leadership at at Warner together with the with with with the industry. I spent a lot of time with Bob Iger. What did he do well, and I had a real chance to kind of get a sense of also what mistakes did they make? You know, now we were going to have to make it happen. I'm very confident. We've been in there for 30 days and we see even more opportunity. You know that it's it's messy, but we expected it to be messy, but the messier it is, the more cleanup we could do and the more we can grow this business. QUICK: You've guided the street to leverage of two and a half to three times within 24 months. How do you get there and is that an easily achievable goal? Is that tough to hit? ZASLAV: We have a lot of businesses that are generating a lot of value. We just got in so we need to now kind of level set. We weren't really able to see a lot now we've seen a fair amount, but it's probably going to take us a little a little longer as we get to our first our next quarter earnings, we're going to lay out a real plan. Here's how we’re coming to market. Here's what we found. It's better than we thought. Some of it's worse than we thought maybe it's you know, we will we'll do a full level set on where we are, you know, by as we come to market in the first— QUICK: I just want to clarify you said it's probably going to take a little longer. Did you mean a little longer before you announced more plans or a little longer than 24 months to get to that leverage? ZASLAV: No it's going to be a little longer until we have full clarity of exactly what we're going to do and when. Updated on May 19, 2022, 12:48 pm (function() { var sc = document.createElement("script"); sc.type = "text/javascript"; sc.async = true;sc.src = "//mixi.media/data/js/95481.js"; sc.charset = "utf-8";var s = document.getElementsByTagName("script")[0]; s.parentNode.insertBefore(sc, s); }()); window._F20 = window._F20 || []; _F20.push({container: 'F20WidgetContainer', placement: '', count: 3}); _F20.push({finish: true});.....»»

Category: blogSource: valuewalkMay 19th, 2022

Live updates: Pennsylvania"s GOP Senate primary is going down to the wire

Senate seats in contention, Rep. Madison Cawthorn loses in North Carolina and a GOP face-off in Pennsylvania to run for US Senate. North Carolina GOP Rep. Madison Cawthorn lost his seat in a primary on Tuesday.Saul Loeb - Pool/Getty ImagesWelcome to the Insider live blog for the May 17 primaries.Key Senate and House races remain too close to callFormer President Donald Trump poses for photos with David McCormick at the Trump National Golf Club Bedminster clubhouse in Bedminster, N.J. Mehmet Oz speaks at a town hall-style event at the Newtown Athletic Club in Newtown, Pa.AP Photo/Carolyn Kaster and AP Photo/Marc LevySeveral races are still neck-and-neck as of Wednesday morning, including the high-profile Republican Pennsylvania Senate contest, where just 0.19 percentage points separate Dr. Mehmet Oz from David McCormick with thousands of absentee ballots left to be counted. Meanwhile in the House, progressive candidates are potentially on the verge of scoring two big wins, with Jamie McLeod-Skinner on track to knock out centrist Rep. Kurt Schrader in Oregon's 5th District and progressive Summer Lee leading her main rival Steve Irwin by 446 votes in the open race for the Pittsburgh-based 12th Congressional District.  -Grace Panetta Pennsylvania remains unsettled as election night draws to a closeGREENSBURG, PA - Pennsylvania Republican U.S. Senate candidate Dr. Mehmet Oz joins former President Donald Trump onstage during a rally.Photo by Jeff Swensen/Getty ImagesDr. Mehmet Oz and Dave McCormick remain in neck-and-neck contention for the GOP nomination for Senate in Pennsylvania with less than half a percentage point separating the two frontrunners by late Tuesday night, meaning the race may not be called until Wednesday. More votes are still left to be counted in counties were Oz has been performing well, and a ballot printing error in Lancaster County that will require workers to manually recreate and re-scan 16,000 absentee ballots over the next few days will also potentially slow down the counting if the race remains this close. -Grace Panetta Lamb reportedly concedes Pennsylvania Senate primaryConor Lamb.Brendan McDermid/ReutersRep. Conor Lamb has conceded Pennsylvania's Democratic Senate primary, Politico's Holly Otterbein reports.Lt. Gov. John Fetterman is projected to win the contest, per Decision Desk HQ. As of 11 p.m. Eastern Time, Fetterman was running ahead of Lamb by more than 32 percentage points.We still don't know who the Republican nominee is and may not find that out tonight. Either way, the general election could decide which party will control the Senate. — By Brent D. GriffithsPolls close, wrapping up an evening of primariesIdaho Gov. Brad Little.Darin Oswald/Idaho Statesman/Tribune News Service via Getty ImagesPolls are closed everywhere in the country, wrapping up an evening of primaries in states all over the US. The final results will come in Idaho, which just closed its last polls, and Oregon, which votes entirely by mail. The final race that will determine former President Donald Trump's status as kingmaker in the Republican party is in Idaho. There, Incumbent Gov. Brad Little is facing a primary challenge from his own Lieutenant Governor Janice McGeachin, whom Trump endorsed. Oregon has an open primary for governor after the current governor, Democrat Kate Brown, is term limited out. US House seats are also up for grabs, with tensions growing between centrist and progressive Democrats in the House. Follow along to see the results of the races for gubernatorial nominations and congressional seats in Oregon, and for the governor's race in Idaho. - Kimberly Leonard Meet the man who just took down Rep. Madison CawthornChuck Edwards, a North Carolina state senator, defeated freshman GOP Rep. Madison Cawthorn on Tuesday.Camila DeChalus/InsiderTake a look at this Insider profile of state Sen. Chuck Edwards, the Republican who just unseated Rep. Madison Cawthorn in North Carolina's 11th Congressional District.Senior Reporter Camila DeChalus traveled to Hendersonville and spoke with the state senator in May to learn more about the rising star in North Carolina. She found the antithesis of Cawthorn in Edwards: a candidate lacking his rival's hyperbolic bravado and a scant social media presence.When DeChalus asked about Cawthorn's plethora of recent controversies, Edwards told her that "it's obvious that he [Cawthorn] got caught up in political stardom and turned his back on the people in these mountains."He said that his "qualms with Madison Cawthorn are based on his performance and his poor attendance record in Congress."— By Madison HallBiden lauds Fetterman's Pennsylvania Senate nominationPresident Joe Biden hadn't said anything about the Pennsylvania Senate race — until John Fetterman won the Democratic nomination.AP Photo/Carolyn KasterPresident Joe Biden finally has something to say about Pennsylvania's Democratic Senate race.Lt. Gov. John Fetterman is projected to be the Democratic Party's nominee in what will be one of the nation's closest watched Senate races, Decision Desk HQ projects.Unlike his predecessor, Biden loathes to weigh in on contested party primaries. It didn't help matters that the Delawarian president who never forgets his Scranton roots encountered a race with three big names in Pennsylvania politics: Fetterman, Rep. Conor Lamb, and state-Sen. Malcolm Kenyatta.Lamb and Kenyatta were close Biden allies. Biden bestowed one of his highest compliments on Lamb, saying that the young former Marine reminded him of his son Beau Biden when Lamb's 2018 special election attracted national attention. While Kenyatta was a key Biden surrogate and was among a group of rising stars that spoke during the 2020 Democratic National Convention's keynote address."Democrats are united around John, who is a strong nominee, will run a tough race, and can win in November," Biden said in a statement.— By Brent D. GriffithsA legislative leader and TikTok star is headed to Congress from KentuckyMorgan McGarvey, Kentucky's state Senate minority leader, is a TikTok star.Timothy D. Easley/AP PhotoKentucky's state Senate minority leader Morgan McGarvey, who won the Democratic primary to succeed retiring Rep. John Yarmuth in the safely Democratic, Louisville-based 3rd Congressional District, will also bring some TikTok starpower to Congress. McGarvey and his colleague, Sen. Reginald Thomas, currently boast nearly 130,000 followers on the @kysenatedems account. That's where the two use TikTok trends to document their daily lives in the state legislature and the woes of being in the superminority, including a video of Thomas doing the "Rick & Morty" trend in front of the state Senate chamber that eaned 5.7 million views.McGarvey is likely to also be in the minority in Congress, but at least he can give his colleagues some TikTok pointers. -Grace Panetta Rep. Madison Cawthorn losesRep. Madison Cawthorn, R-N.C.House Television via APControversial GOP Rep. Madison Cawthorn is projected to lose his re-election campaign in the face of fierce opposition from his fellow North Carolina Republicans.State-Sen. Chuck Edwards is projected to win the race, per Decision Desk HQ. Sen. Thom Tillis endorsed Edwards, a sign of just how much fellow elected Republicans rebelled against Cawthorn.Cawthorn courted controversy even before his election. But the 26-year-old finally hit a nerve on Capitol Hill when he suggested on a podcast that there were illicit sex and drug-filled parties in Washington. House Minority Leader Kevin McCarthy said publicly that Cawthorn had lost his trust. Tillis came off the sidelines and pushed hard for Edwards' campaign. And the rest is now history.— Brent D. GriffithsNorth Carolina GOP Senate candidate Ted Budd and Donald Trump.Chris Seward/AP PhotoFormer President Donald Trump's endorsement of Republican Rep. Ted Budd was likely crucial in helping the two-term lawmaker clinch the GOP nomination for US Senate on Tuesday, despite a crowded field of contenders. But Budd too has been decidedly Trumpian in the types of legislation he has introduced while in Congress. In April, for example, he introduced the Build the Wall Now Act to have the federal government continue constructing the border wall between the US and Mexico that was started under Trump and that President Joe Biden paused by executive order. Budd also introduced the Justice for Victims of Sanctuary Cities Act of 2021, which would allow people to sue cities if someone unauthorized to be living in the US committed a crime against them. While in office, Trump targeted sanctuary cities that are often led by Democrats and that sheltered migrants against federal crackdowns on illegal immigration. On education, Budd introduced a bill to recreate Trump's 1776 Commission, which was disbanded under Biden. Members of the conservative commission had created a 45-page document that aimed to promote a "patriotic education," and was intended as a rebuttal to the New York Times' 1619 Project. Budd's Freedom from Regulations Act, introduced in 2021, echoed a Trump-era executive order that called for trashing two regulations every time the administration created a new one. — Kimberly LeonardClay Aiken on track to lose, Decision Desk HQ projectsAmerican Idol star Clay Aiken is headed for defeat in his race for a US House seat in North Carolina.Vince Bucci/Getty ImagesClay Aiken is currently running third in the race for the Democratic nomination for North Carolina's 4th Congressional District. State-Sen. Valerie Foushee is already projected to have won the nomination. Long-time incumbent Rep. David Price, a Democrat, previously announced his retirement after over 30 years in Congress.Aiken won his party's 2014 nomination but later lost the general election to then-Rep. Renee Ellmers. The 2003 American Idol runner-up decided to give it another go this cycle.Since American Idol, Aiken launched a private foundation and starred on Broadway in the Monty Python-inspired "Spamalot."Daily Kos Elections joked on Twitter that now it can no longer be said that Aiken finishes second in everything. Outside of elections, Aiken finished as the runner-up on 2012's edition of the Celebrity Apprentice when it was still hosted by then-future President Donald Trump.— Brent D. GriffithsDoug Mastriano, a Pennsylvania state senator, is the Republican nominee for governor.Carolyn Kaster/AP PhotoDoug Mastriano is the winner of the Republican primary in the Pennsylvania gubernatorial race, according to DDHQ and Insider.— Madison HallFetterman's turn in the Insider spotlightJohn Fetterman on the Senate campaign trial in May 2022.Keith Srakocic/AP PhotoCheck out this Insider profile of John Fetterman, the Democratic nominee for the US Senate from Pennsylvania. In November 2020, Insider's Charles Davis interviewed Fetterman about his journey from being largely apolitical, to being elected mayor of Braddock, Pennsylvania, in 2005, to being branded a rising Democratic star.Fetterman told Insider that he doesn't think that Democrats can't reach Trump voters. "If we're going to reverse the fortunes of not only our party but, most importantly, communities and regions, [we need to be] reinvesting and acknowledging that these places deserve to be championed," Fetterman said."There's certainly unreachable people," he said. "I think it's people reacting to a level of authenticity or rawness. You're not going to convince me that Pennsylvania changed radically from Barack Obama to Donald Trump."— Sarah GrayMehmet Oz: Not in it for the moneyMehmet Oz would earn $174,000 if he becomes a US senator.Matt Rourke/APIf Donald Trump endorsee Mehmet Oz win's tonight's US Senate primary in Pennsylvania, then defeats the Democratic nominee in November, he'll earn a standard congressional salary, which today stands at $174,000.Not bad, no, but it's peanuts compared to what he's been making in the private sector — or perhaps pistachios, given that Oz scored a cool $125,000 for a one-day speech to the American Pistachio Growers Association in March 2020, according a federal financial disclosure Oz submitted to the Senate in April.For hosting quiz show Jeopardy! during a two-week stint in late March and early April 2021, Oz earned $268,701, records show.And that's all before you consider his former day job: Oz reported earning more than $7 million from "income derived from ownership interest in Oz Media LLL through Oz Property Holdings." He also received a $2 million salary for hosting the "Dr. Oz Show."Oz is also an active stock trader, reporting sizeable investments in companies such as Amazon, Apple, Microsoft, defense contractor Northrop Grumman, and drugmaker Johnson & Johnson, among several dozen others. — Dave LevinthalFetterman wins Pennsylvania Democratic senator nominationJohn Fetterman, left, is the Democratic nominee for the Pennsylvania US Senate seat.Keith Srakocic/AP PhotoJohn Fetterman is the winner of the Democratic primary race for Pennsylvania's US Senate seat. That's the call from Insider and DDHQ. Fetterman, currently the state's lieutenant governor, defeated Rep. Conor Lamb, Malcolm Kenyatta, and Alexandria Khalil. Fetterman is currently recovering from a recent stroke and announced on Tuesday that he had received a pacemaker implant.A pricey house race to watch near Pittsburgh: PA-12Sen. Bernie Sanders endorsed Pennsylvania state Rep. Summer Lee in her bid to win the nomination for the state's 12th congressional district.Rebecca Droke/AP PhotoWith the retirement of GOP Rep. Fred Keller, this district outside of Pittsburgh in the Susquehanna Valley is a potential pickup opportunity for Democrats.It's also a race that was looking pretty stale until the past few weeks. The frontrunner, state Rep. Summer Lee, has endorsements from Emily's List and Justice Democrats. Sen. Bernie Sanders recently stumped for her and she seemed to have everything going in her favor until a ton of money started pouring into the race. The American Israel Public Affairs Committee, most commonly referred to as AIPAC, has been funding ads through a new Super PAC called the United Democracy Project for Lee's opponent, Steve Irwin. Lee would be the latest in a new generation of Democrats in Washington with positions further to the left than most of the caucus, as well as more critical views of Israel. Should Irwin pull out a victory, his surge couldn't have been hurt by the AIPAC ad spree, but Lee remains the favorite. The Republican primary has been more quiet, with Michael Doyle — unrelated to retiring Rep. Mike Doyle — running unopposed.— Jake LahutPennsylvania's US Senate race is stupid expensivePennsylvania Republican Senate Candidate Mehmet OzAlexi Rosenfeld/Getty ImagesThe government of Erie, Pennsylvania, population 94,831, forecasts that it'll bring in about $95.7 million worth of revenue during 2022.Pennsylvania's US Senate race, meanwhile, is on pace to bring in twice that — maybe even more — en route to competing for the crown of the year's most expensive political race.As of April 27, the race had already attracted more than $68.3 million in contributions, according to federal records compiled by nonpartisan research organization OpenSecrets.There are two overriding reasons for this. First, both the Republican and Democratic primaries are highly competitive. They feature multiple candidates — David McCormick, Mehmet Oz and Kathy Barnette on the right, John Fetterman and Conor Lamb on the left. More candidates + more competition = more, more, more money.Second, McCormick and Oz are extremely wealthy. Both have pumped millions of dollars of their personal money into the race, with Oz alone accounting for more than $12 million, according to Federal Election Commission records. McCormick, at $11 million, isn't far behind.Tonight's winners will then have nearly six months to slug each other ahead of November's general election. National party committees and super PACs, which may raise and spend unlimited amounts of money, will almost assuredly supplement the candidates' own fundraising efforts with tens of millions of more dollars.— Dave LevinthalPolls in Pennsylvania closed at 8 p.m. ET.InsiderFollow along to see the results for the Republican and Democratic  candidates for governor, the US Senate, House from the Keystone State.Madison Cawthorn's cryptic crypto play may have violated the STOCK ActMadison Cawthorn, Republican nominee for North Carolina's 11th Congressional District, speaks during the largely virtual 2020 Republican National Convention broadcast from Washington, on August 26, 2020.2020 Republican National Convention/Handout via ReutersRep. Madison Cawthorn has plenty of problems — ones involving guns, money, cocaine orgies, and a nude video, to name four.One that's flying a bit below the radar, but still serious: he may have violated a federal conflicts-of-interest law by not publicly reporting his stated purchase in a cryptocurrency named for an anti-Joe Biden slogan.Per federal law, Cawthorn had 45-days to formally disclose details about his crypto play. But as of this evening, Cawthorn had done no such thing, and his campaign and congressional office have not responded to Insider's questions as to why.Failure to properly report such financial transactions can result in a fine administered by Congress, or in extreme cases, a referral to the Department of Justice.— Dave LevinthalTed Budd wins GOP Primary for open Senate seatFormer President Donald Trump endorsed Rep. Ted Budd of North Carolina in the 2022 North Carolina Senate race.AP Photo/Chris SewardRepublican Ted Budd will face off against Democrat Cheri Beasley for a crucial open US Senate seat in North Carolina, Insider and Decision Desk HQ project. Budd is a Republican congressman who was endorsed by President Donald Trump, and easily cleared a field of GOP opponents. Beasley, the former chief justice of the North Carolina Supreme Court, is hoping to flip control of the seat currently held by retiring GOP Sen. Richard Burr.Mayoral MayhemCharlotte, NCShutterstockA Republican hasn't been the mayor of Louisville, Kentucky, for more than 50 years. Four Republican candidates are hoping to change that, including Bill Dieruf, the current mayor of Jeffersontown, a nearby suburb. The current mayor of Lexington, Kentucky's second-largest city, Linda Gorton, is running for reelection. Gorton's opponents recently chided her at a public forum over housing costs and crime rates. She countered by noting that she rose to the occasion when challenges surfaced in Lexington during her time in office, particularly during the pandemic.In Charlotte, North Carolina, Democratic Mayor Vi Alexander Lyles is vying for another term in office. Lyles became the first Black mayor in Charlotte history in 2017 after unseating the incumbent mayor. She's facing off against three other Democratic candidates tonight.You can check out and follow the three mayoral primaries here.—Madison HallJohn Fetterman gets pacemakerIn this Sept. 21, 2018 photo, former Braddock, Pa., Mayor John Fetterman speaks at a campaign rally for Pennsylvania candidates in PhiladelphiaAP Photo/Matt RourkePennsylvania Lt. Governor John Fetterman "just completed a successful procedure to implant a pacemaker with a defibrillator," his communications director, Joe Calvello, said in a statement Tuesday evening. "The procedure began at 3:15 pm, John was released at 5:56 pm, and he has been given the all-clear that it was successful. He is resting at the hospital and recovering well. John continues to improve every day, and he is still on track for a full recovery."Fetterman, who is running for the US Senate in Pennsylvania in tonight's Democratic primary, suffered a stroke last week.— Dave LevinthalResults just beginning to trickle in in KentuckyHouse Budget Committee Chairman John Yarmuth, D-Ky., talks with reporters after meeting with the House Democratic Caucus and Biden administration officials to discuss progress on an infrastructure bill, at the Capitol in Washington.J. Scott Applewhite/APPolls closed in Kentucky at 6 p.m. Eastern Time, and the results are beginning to come in. See results for the Senate, House and state legislative primaries here, and results for the mayoral elections in Louisville and Lexington here.The most notable primary race of the night is the Democratic primary in Kentucky's Third District to replace retiring Democratic Rep. John YarmuthA slew of Democratic candidates are seeking the nomination for the mayor's office in Louisville to replace term-limited outgoing Mayor Greg Fischer. Incumbent Mayor Linda Gorton is also seeking reelection to the mayor's office in Lexington, Kentucky in a nonpartisan primary. Democrats love Republican primaries — for fundraisingDemocratic Rep. Sean Patrick Maloney, DCCC Chair, at a press conference on Capitol HillBill Clark/CQ-Roll Call, Inc via Getty ImagesThe Democratic Congressional Campaign Committee is rarely immune to hyperbole or breathlessness. So it should perhaps come as little surprise how much the party's campaign arm for US House races is leveraging today's Republican Senate primary in Pennsylvania to raise cash for itself."Trump has already helped make J.D. Vance the Republican nominee in the critical Ohio Senate race. Now, he's scheming to do the same with Dr. Oz in the ultimate swing state of Pennsylvania … please understand: If Trump is able to pack Congress with his top loyalists, it could pave the way for his return to the White House," the DCCC wrote supporters.It continues: "And at this dire moment, you have two options: OPTION 1: Ignore our urgent pleas, delete this email, and watch while Trump destroys our House Majority and Democratic Trifecta with his dangerous followers. OPTION 2: Step up with a powerful grassroots gift before midnight to stop Trump's power-hungry schemes and protect our Democratic House."  — Dave LevinthalTight gubernatorial primary races in the Beaver State- Former Oregon House Speaker Tina Kotek, who is running for governor, poses for photos in Columbia Park in Portland, Ore., on Feb. 18, 2022. Oregon's primary elections are Tuesday, May 17, 2022.AP Photo/Sara Cline, fileDemocratic Gov. Kate Brown is finishing up her second term in office and cannot run again. After 35 straight years of having a Democrat as governor, Republicans in Oregon are hoping this is their year to regain executive power, but must figure out their nominee from a slate of 19 candidates led by former state Rep. Christine Drazan and businessman Bob Tiernan. With Brown term-limited, she leaves behind a wide-open Democratic field with 15 candidates. Two notable leaders on the Democratic ticket include Oregon Treasurer Tobias Read and former House Speaker Tina Kotek.The list of Democratic primary contenders used to be longer — former New York Times columnist Nick Kristof left his job to explore running for office in October 2021. Oregon's Supreme Court ultimately ruled in February that he couldn't be on the ballot, citing his failure to meet the three-year residency requirement to qualify.— Madison HallEmbattled Rep. Madison Cawthorn fights for a second term after a slew of scandalsU.S. Rep. Madison Cawthorn, R-N.C., waves to the crowd after he spoke before former President Donald Trump takes the stage at a rally on April 9, 2022, in Selma, NC.Chris Seward/APCawthorn catapulted into rising star status in the GOP when he was elected to Congress from North Carolina's 11th District in 2020 at age 25. But a series of ethics troubles, and explosive comments have infuriated his GOP colleagues and spurred some to openly root for his ouster, as Michael Kruse recently dug into for Politico Magazine. Our Camila DeChalus reported from Hendersonville earlier this month on Cawthorn's leading primary challenger, state Sen. Chuck Edwards, voters' mixed feelings about Cawthorn's scandals, and the former volunteers who have buyer's remorse. A split field of seven primary challengers could help Cawthorn squeak by to reelection, but he could head to a July 26 runoff if no one gets about 30% of the vote. — Grace PanettaWould you pay $1 million out-of-pocket for a US Senate seat?McCormick received more than $70 million in discretionary awards connected to a Bridgewater Associates plan.Divorce agreement between David McCormick and Amy RichardsonAs C. Ryan Barber and Adam Wren reported earlier this year, divorce documents obtained by Insider indicate that Republican US Senate candidate David McCormick could face such a situation — if he's first able to survive his Pennsylvania primary battle against Mehmet Oz and Kathy Barnette.As Barber and Wren wrote: "McCormick's divorce agreement includes a clause stipulating that he would pay his ex-wife $1 million if he voluntarily left his lucrative position at Bridgewater Associates for the 'public domain.' The agreement between McCormick and his ex-wife, Amy Richardson, defined 'public domain' as employment in 'any government entity' and required him to pay the seven-figure sum in a pair of $500,000 installments in the first two years of any full-time public sector job.Once the frontrunner, McCormick has slipped in the polls of late and could conceivably finish third. Former President Donald Trump has endorsed Oz, the longtime television show host, while Barnette has surged as a MAGA-friendly alternative to both Oz and McCormick. — Dave LevinthalOz, Barnette, and McCormick jockey in a close race in PennsylvaniaPennsylvania Republican Senate candidate Kathy Barnette speaks during a campaign rally at The Fuge in Warminster, Pennsylvania.Photo by Michael M. Santiago/Getty ImagesWe went to Pennsylvania earlier this month and found a lot of Trump voters who were pretty unhappy with Dr. Mehmet Oz as the former president's endorsement. Kathy Barnette has had an impressive surge late in the race, but the conservative author's background is now the subject of considerable scrutiny and has some Republicans worried she'd get beat by the Democrats should she make it to the November general election. No doubt, a victory for Barnette would be a big shock. But she's been within striking distance in all the latest polls. The candidate hoping to get a bump from undecideds is former hedge fund CEO David McCormick, who has picked up endorsements from the likes of Sen. Ted Cruz and former Secretary of State Mike Pompeo.– Jake LahutRead the original article on Business Insider.....»»

Category: topSource: businessinsiderMay 18th, 2022

Live updates: Rep. Madison Cawthorn dramatically loses seat as Pennsylvania and North Carolina ballots are counted

Senate seats in contention, Rep. Madison Cawthorn loses in North Carolina and a GOP face-off in Pennsylvania to run for US Senate. North Carolina GOP Rep. Madison Cawthorn lost his seat in a primary on Tuesday.Saul Loeb - Pool/Getty ImagesWelcome to the Insider live blog for the May 17 primaries.Polls close, wrapping up an evening of primariesIdaho Gov. Brad Little.Darin Oswald/Idaho Statesman/Tribune News Service via Getty ImagesPolls are closed everywhere in the country, wrapping up an evening of primaries in states all over the US. The final results will come in Idaho, which just closed its last polls, and Oregon, which votes entirely by mail. The final race that will determine former President Donald Trump's status as kingmaker in the Republican party is in Idaho. There, Incumbent Gov. Brad Little is facing a primary challenge from his own Lieutenant Governor Janice McGeachin, whom Trump endorsed. Oregon has an open primary for governor after the current governor, Democrat Kate Brown, is term limited out. US House seats are also up for grabs, with tensions growing between centrist and progressive Democrats in the House. Follow along to see the results of the races for gubernatorial nominations and congressional seats in Oregon, and for the governor's race in Idaho. - Kimberly Leonard Meet the man who just took down Rep. Madison CawthornChuck Edwards, a North Carolina state senator, defeated freshman GOP Rep. Madison Cawthorn on Tuesday.Camila DeChalus/InsiderTake a look at this Insider profile of state Sen. Chuck Edwards, the Republican who just unseated Rep. Madison Cawthorn in North Carolina's 11th Congressional District.Senior Reporter Camila DeChalus traveled to Hendersonville and spoke with the state senator in May to learn more about the rising star in North Carolina. She found the antithesis of Cawthorn in Edwards: a candidate lacking his rival's hyperbolic bravado and a scant social media presence.When DeChalus asked about Cawthorn's plethora of recent controversies, Edwards told her that "it's obvious that he [Cawthorn] got caught up in political stardom and turned his back on the people in these mountains."He said that his "qualms with Madison Cawthorn are based on his performance and his poor attendance record in Congress."— By Madison HallBiden lauds Fetterman's Pennsylvania Senate nominationPresident Joe Biden hadn't said anything about the Pennsylvania Senate race — until John Fetterman won the Democratic nomination.AP Photo/Carolyn KasterPresident Joe Biden finally has something to say about Pennsylvania's Democratic Senate race.Lt. Gov. John Fetterman is projected to be the Democratic Party's nominee in what will be one of the nation's closest watched Senate races, Decision Desk HQ projects.Unlike his predecessor, Biden loathes to weigh in on contested party primaries. It didn't help matters that the Delawarian president who never forgets his Scranton roots encountered a race with three big names in Pennsylvania politics: Fetterman, Rep. Conor Lamb, and state-Sen. Malcolm Kenyatta.Lamb and Kenyatta were close Biden allies. Biden bestowed one of his highest compliments on Lamb, saying that the young former Marine reminded him of his son Beau Biden when Lamb's 2018 special election attracted national attention. While Kenyatta was a key Biden surrogate and was among a group of rising stars that spoke during the 2020 Democratic National Convention's keynote address."Democrats are united around John, who is a strong nominee, will run a tough race, and can win in November," Biden said in a statement.— By Brent D. GriffithsA legislative leader and TikTok star is headed to Congress from KentuckyMorgan McGarvey, Kentucky's state Senate minority leader, is a TikTok star.Timothy D. Easley/AP PhotoKentucky's state Senate minority leader Morgan McGarvey, who won the Democratic primary to succeed retiring Rep. John Yarmuth in the safely Democratic, Louisville-based 3rd Congressional District, will also bring some TikTok starpower to Congress. McGarvey and his colleague, Sen. Reginald Thomas, currently boast nearly 130,000 followers on the @kysenatedems account. That's where the two use TikTok trends to document their daily lives in the state legislature and the woes of being in the superminority, including a video of Thomas doing the "Rick & Morty" trend in front of the state Senate chamber that eaned 5.7 million views.McGarvey is likely to also be in the minority in Congress, but at least he can give his colleagues some TikTok pointers. -Grace Panetta Rep. Madison Cawthorn losesRep. Madison Cawthorn, R-N.C.House Television via APControversial GOP Rep. Madison Cawthorn is projected to lose his re-election campaign in the face of fierce opposition from his fellow North Carolina Republicans.State-Sen. Chuck Edwards is projected to win the race, per Decision Desk HQ. Sen. Thom Tillis endorsed Edwards, a sign of just how much fellow elected Republicans rebelled against Cawthorn.Cawthorn courted controversy even before his election. But the 26-year-old finally hit a nerve on Capitol Hill when he suggested on a podcast that there were illicit sex and drug-filled parties in Washington. House Minority Leader Kevin McCarthy said publicly that Cawthorn had lost his trust. Tillis came off the sidelines and pushed hard for Edwards' campaign. And the rest is now history.— Brent D. GriffithsNorth Carolina GOP Senate candidate Ted Budd and Donald Trump.Chris Seward/AP PhotoFormer President Donald Trump's endorsement of Republican Rep. Ted Budd was likely crucial in helping the two-term lawmaker clinch the GOP nomination for US Senate on Tuesday, despite a crowded field of contenders. But Budd too has been decidedly Trumpian in the types of legislation he has introduced while in Congress. In April, for example, he introduced the Build the Wall Now Act to have the federal government continue constructing the border wall between the US and Mexico that was started under Trump and that President Joe Biden paused by executive order. Budd also introduced the Justice for Victims of Sanctuary Cities Act of 2021, which would allow people to sue cities if someone unauthorized to be living in the US committed a crime against them. While in office, Trump targeted sanctuary cities that are often led by Democrats and that sheltered migrants against federal crackdowns on illegal immigration. On education, Budd introduced a bill to recreate Trump's 1776 Commission, which was disbanded under Biden. Members of the conservative commission had created a 45-page document that aimed to promote a "patriotic education," and was intended as a rebuttal to the New York Times' 1619 Project. Budd's Freedom from Regulations Act, introduced in 2021, echoed a Trump-era executive order that called for trashing two regulations every time the administration created a new one. — Kimberly LeonardClay Aiken on track to lose, Decision Desk HQ projectsAmerican Idol star Clay Aiken is headed for defeat in his race for a US House seat in North Carolina.Vince Bucci/Getty ImagesClay Aiken is currently running third in the race for the Democratic nomination for North Carolina's 4th Congressional District. State-Sen. Valerie Foushee is already projected to have won the nomination. Long-time incumbent Rep. David Price, a Democrat, previously announced his retirement after over 30 years in Congress.Aiken won his party's 2014 nomination but later lost the general election to then-Rep. Renee Ellmers. The 2003 American Idol runner-up decided to give it another go this cycle.Since American Idol, Aiken launched a private foundation and starred on Broadway in the Monty Python-inspired "Spamalot."Daily Kos Elections joked on Twitter that now it can no longer be said that Aiken finishes second in everything. Outside of elections, Aiken finished as the runner-up on 2012's edition of the Celebrity Apprentice when it was still hosted by then-future President Donald Trump.— Brent D. GriffithsDoug Mastriano, a Pennsylvania state senator, is the Republican nominee for governor.Carolyn Kaster/AP PhotoDoug Mastriano is the winner of the Republican primary in the Pennsylvania gubernatorial race, according to DDHQ and Insider.— Madison HallFetterman's turn in the Insider spotlightJohn Fetterman on the Senate campaign trial in May 2022.Keith Srakocic/AP PhotoCheck out this Insider profile of John Fetterman, the Democratic nominee for the US Senate from Pennsylvania. In November 2020, Insider's Charles Davis interviewed Fetterman about his journey from being largely apolitical, to being elected mayor of Braddock, Pennsylvania, in 2005, to being branded a rising Democratic star.Fetterman told Insider that he doesn't think that Democrats can't reach Trump voters. "If we're going to reverse the fortunes of not only our party but, most importantly, communities and regions, [we need to be] reinvesting and acknowledging that these places deserve to be championed," Fetterman said."There's certainly unreachable people," he said. "I think it's people reacting to a level of authenticity or rawness. You're not going to convince me that Pennsylvania changed radically from Barack Obama to Donald Trump."— Sarah GrayMehmet Oz: Not in it for the moneyMehmet Oz would earn $174,000 if he becomes a US senator.Matt Rourke/APIf Donald Trump endorsee Mehmet Oz win's tonight's US Senate primary in Pennsylvania, then defeats the Democratic nominee in November, he'll earn a standard congressional salary, which today stands at $174,000.Not bad, no, but it's peanuts compared to what he's been making in the private sector — or perhaps pistachios, given that Oz scored a cool $125,000 for a one-day speech to the American Pistachio Growers Association in March 2020, according a federal financial disclosure Oz submitted to the Senate in April.For hosting quiz show Jeopardy! during a two-week stint in late March and early April 2021, Oz earned $268,701, records show.And that's all before you consider his former day job: Oz reported earning more than $7 million from "income derived from ownership interest in Oz Media LLL through Oz Property Holdings." He also received a $2 million salary for hosting the "Dr. Oz Show."Oz is also an active stock trader, reporting sizeable investments in companies such as Amazon, Apple, Microsoft, defense contractor Northrop Grumman, and drugmaker Johnson & Johnson, among several dozen others. — Dave LevinthalFetterman wins Pennsylvania Democratic senator nominationJohn Fetterman, left, is the Democratic nominee for the Pennsylvania US Senate seat.Keith Srakocic/AP PhotoJohn Fetterman is the winner of the Democratic primary race for Pennsylvania's US Senate seat. That's the call from Insider and DDHQ. Fetterman, currently the state's lieutenant governor, defeated Rep. Conor Lamb, Malcolm Kenyatta, and Alexandria Khalil. Fetterman is currently recovering from a recent stroke and announced on Tuesday that he had received a pacemaker implant.A pricey house race to watch near Pittsburgh: PA-12Sen. Bernie Sanders endorsed Pennsylvania state Rep. Summer Lee in her bid to win the nomination for the state's 12th congressional district.Rebecca Droke/AP PhotoWith the retirement of GOP Rep. Fred Keller, this district outside of Pittsburgh in the Susquehanna Valley is a potential pickup opportunity for Democrats.It's also a race that was looking pretty stale until the past few weeks. The frontrunner, state Rep. Summer Lee, has endorsements from Emily's List and Justice Democrats. Sen. Bernie Sanders recently stumped for her and she seemed to have everything going in her favor until a ton of money started pouring into the race. The American Israel Public Affairs Committee, most commonly referred to as AIPAC, has been funding ads through a new Super PAC called the United Democracy Project for Lee's opponent, Steve Irwin. Lee would be the latest in a new generation of Democrats in Washington with positions further to the left than most of the caucus, as well as more critical views of Israel. Should Irwin pull out a victory, his surge couldn't have been hurt by the AIPAC ad spree, but Lee remains the favorite. The Republican primary has been more quiet, with Michael Doyle — unrelated to retiring Rep. Mike Doyle — running unopposed.— Jake LahutPennsylvania's US Senate race is stupid expensivePennsylvania Republican Senate Candidate Mehmet OzAlexi Rosenfeld/Getty ImagesThe government of Erie, Pennsylvania, population 94,831, forecasts that it'll bring in about $95.7 million worth of revenue during 2022.Pennsylvania's US Senate race, meanwhile, is on pace to bring in twice that — maybe even more — en route to competing for the crown of the year's most expensive political race.As of April 27, the race had already attracted more than $68.3 million in contributions, according to federal records compiled by nonpartisan research organization OpenSecrets.There are two overriding reasons for this. First, both the Republican and Democratic primaries are highly competitive. They feature multiple candidates — David McCormick, Mehmet Oz and Kathy Barnette on the right, John Fetterman and Conor Lamb on the left. More candidates + more competition = more, more, more money.Second, McCormick and Oz are extremely wealthy. Both have pumped millions of dollars of their personal money into the race, with Oz alone accounting for more than $12 million, according to Federal Election Commission records. McCormick, at $11 million, isn't far behind.Tonight's winners will then have nearly six months to slug each other ahead of November's general election. National party committees and super PACs, which may raise and spend unlimited amounts of money, will almost assuredly supplement the candidates' own fundraising efforts with tens of millions of more dollars.— Dave LevinthalPolls in Pennsylvania closed at 8 p.m. ET.InsiderFollow along to see the results for the Republican and Democratic  candidates for governor, the US Senate, House from the Keystone State.Madison Cawthorn's cryptic crypto play may have violated the STOCK ActMadison Cawthorn, Republican nominee for North Carolina's 11th Congressional District, speaks during the largely virtual 2020 Republican National Convention broadcast from Washington, on August 26, 2020.2020 Republican National Convention/Handout via ReutersRep. Madison Cawthorn has plenty of problems — ones involving guns, money, cocaine orgies, and a nude video, to name four.One that's flying a bit below the radar, but still serious: he may have violated a federal conflicts-of-interest law by not publicly reporting his stated purchase in a cryptocurrency named for an anti-Joe Biden slogan.Per federal law, Cawthorn had 45-days to formally disclose details about his crypto play. But as of this evening, Cawthorn had done no such thing, and his campaign and congressional office have not responded to Insider's questions as to why.Failure to properly report such financial transactions can result in a fine administered by Congress, or in extreme cases, a referral to the Department of Justice.— Dave LevinthalTed Budd wins GOP Primary for open Senate seatFormer President Donald Trump endorsed Rep. Ted Budd of North Carolina in the 2022 North Carolina Senate race.AP Photo/Chris SewardRepublican Ted Budd will face off against Democrat Cheri Beasley for a crucial open US Senate seat in North Carolina, Insider and Decision Desk HQ project. Budd is a Republican congressman who was endorsed by President Donald Trump, and easily cleared a field of GOP opponents. Beasley, the former chief justice of the North Carolina Supreme Court, is hoping to flip control of the seat currently held by retiring GOP Sen. Richard Burr.Mayoral MayhemCharlotte, NCShutterstockA Republican hasn't been the mayor of Louisville, Kentucky, for more than 50 years. Four Republican candidates are hoping to change that, including Bill Dieruf, the current mayor of Jeffersontown, a nearby suburb. The current mayor of Lexington, Kentucky's second-largest city, Linda Gorton, is running for reelection. Gorton's opponents recently chided her at a public forum over housing costs and crime rates. She countered by noting that she rose to the occasion when challenges surfaced in Lexington during her time in office, particularly during the pandemic.In Charlotte, North Carolina, Democratic Mayor Vi Alexander Lyles is vying for another term in office. Lyles became the first Black mayor in Charlotte history in 2017 after unseating the incumbent mayor. She's facing off against three other Democratic candidates tonight.You can check out and follow the three mayoral primaries here.—Madison HallJohn Fetterman gets pacemakerIn this Sept. 21, 2018 photo, former Braddock, Pa., Mayor John Fetterman speaks at a campaign rally for Pennsylvania candidates in PhiladelphiaAP Photo/Matt RourkePennsylvania Lt. Governor John Fetterman "just completed a successful procedure to implant a pacemaker with a defibrillator," his communications director, Joe Calvello, said in a statement Tuesday evening. "The procedure began at 3:15 pm, John was released at 5:56 pm, and he has been given the all-clear that it was successful. He is resting at the hospital and recovering well. John continues to improve every day, and he is still on track for a full recovery."Fetterman, who is running for the US Senate in Pennsylvania in tonight's Democratic primary, suffered a stroke last week.— Dave LevinthalResults just beginning to trickle in in KentuckyHouse Budget Committee Chairman John Yarmuth, D-Ky., talks with reporters after meeting with the House Democratic Caucus and Biden administration officials to discuss progress on an infrastructure bill, at the Capitol in Washington.J. Scott Applewhite/APPolls closed in Kentucky at 6 p.m. Eastern Time, and the results are beginning to come in. See results for the Senate, House and state legislative primaries here, and results for the mayoral elections in Louisville and Lexington here.The most notable primary race of the night is the Democratic primary in Kentucky's Third District to replace retiring Democratic Rep. John YarmuthA slew of Democratic candidates are seeking the nomination for the mayor's office in Louisville to replace term-limited outgoing Mayor Greg Fischer. Incumbent Mayor Linda Gorton is also seeking reelection to the mayor's office in Lexington, Kentucky in a nonpartisan primary. Democrats love Republican primaries — for fundraisingDemocratic Rep. Sean Patrick Maloney, DCCC Chair, at a press conference on Capitol HillBill Clark/CQ-Roll Call, Inc via Getty ImagesThe Democratic Congressional Campaign Committee is rarely immune to hyperbole or breathlessness. So it should perhaps come as little surprise how much the party's campaign arm for US House races is leveraging today's Republican Senate primary in Pennsylvania to raise cash for itself."Trump has already helped make J.D. Vance the Republican nominee in the critical Ohio Senate race. Now, he's scheming to do the same with Dr. Oz in the ultimate swing state of Pennsylvania … please understand: If Trump is able to pack Congress with his top loyalists, it could pave the way for his return to the White House," the DCCC wrote supporters.It continues: "And at this dire moment, you have two options: OPTION 1: Ignore our urgent pleas, delete this email, and watch while Trump destroys our House Majority and Democratic Trifecta with his dangerous followers. OPTION 2: Step up with a powerful grassroots gift before midnight to stop Trump's power-hungry schemes and protect our Democratic House."  — Dave LevinthalTight gubernatorial primary races in the Beaver State- Former Oregon House Speaker Tina Kotek, who is running for governor, poses for photos in Columbia Park in Portland, Ore., on Feb. 18, 2022. Oregon's primary elections are Tuesday, May 17, 2022.AP Photo/Sara Cline, fileDemocratic Gov. Kate Brown is finishing up her second term in office and cannot run again. After 35 straight years of having a Democrat as governor, Republicans in Oregon are hoping this is their year to regain executive power, but must figure out their nominee from a slate of 19 candidates led by former state Rep. Christine Drazan and businessman Bob Tiernan. With Brown term-limited, she leaves behind a wide-open Democratic field with 15 candidates. Two notable leaders on the Democratic ticket include Oregon Treasurer Tobias Read and former House Speaker Tina Kotek.The list of Democratic primary contenders used to be longer — former New York Times columnist Nick Kristof left his job to explore running for office in October 2021. Oregon's Supreme Court ultimately ruled in February that he couldn't be on the ballot, citing his failure to meet the three-year residency requirement to qualify.— Madison HallEmbattled Rep. Madison Cawthorn fights for a second term after a slew of scandalsU.S. Rep. Madison Cawthorn, R-N.C., waves to the crowd after he spoke before former President Donald Trump takes the stage at a rally on April 9, 2022, in Selma, NC.Chris Seward/APCawthorn catapulted into rising star status in the GOP when he was elected to Congress from North Carolina's 11th District in 2020 at age 25. But a series of ethics troubles, and explosive comments have infuriated his GOP colleagues and spurred some to openly root for his ouster, as Michael Kruse recently dug into for Politico Magazine. Our Camila DeChalus reported from Hendersonville earlier this month on Cawthorn's leading primary challenger, state Sen. Chuck Edwards, voters' mixed feelings about Cawthorn's scandals, and the former volunteers who have buyer's remorse. A split field of seven primary challengers could help Cawthorn squeak by to reelection, but he could head to a July 26 runoff if no one gets about 30% of the vote. — Grace PanettaWould you pay $1 million out-of-pocket for a US Senate seat?McCormick received more than $70 million in discretionary awards connected to a Bridgewater Associates plan.Divorce agreement between David McCormick and Amy RichardsonAs C. Ryan Barber and Adam Wren reported earlier this year, divorce documents obtained by Insider indicate that Republican US Senate candidate David McCormick could face such a situation — if he's first able to survive his Pennsylvania primary battle against Mehmet Oz and Kathy Barnette.As Barber and Wren wrote: "McCormick's divorce agreement includes a clause stipulating that he would pay his ex-wife $1 million if he voluntarily left his lucrative position at Bridgewater Associates for the 'public domain.' The agreement between McCormick and his ex-wife, Amy Richardson, defined 'public domain' as employment in 'any government entity' and required him to pay the seven-figure sum in a pair of $500,000 installments in the first two years of any full-time public sector job.Once the frontrunner, McCormick has slipped in the polls of late and could conceivably finish third. Former President Donald Trump has endorsed Oz, the longtime television show host, while Barnette has surged as a MAGA-friendly alternative to both Oz and McCormick. — Dave LevinthalOz, Barnette, and McCormick jockey in a close race in PennsylvaniaPennsylvania Republican Senate candidate Kathy Barnette speaks during a campaign rally at The Fuge in Warminster, Pennsylvania.Photo by Michael M. Santiago/Getty ImagesWe went to Pennsylvania earlier this month and found a lot of Trump voters who were pretty unhappy with Dr. Mehmet Oz as the former president's endorsement. Kathy Barnette has had an impressive surge late in the race, but the conservative author's background is now the subject of considerable scrutiny and has some Republicans worried she'd get beat by the Democrats should she make it to the November general election. No doubt, a victory for Barnette would be a big shock. But she's been within striking distance in all the latest polls. The candidate hoping to get a bump from undecideds is former hedge fund CEO David McCormick, who has picked up endorsements from the likes of Sen. Ted Cruz and former Secretary of State Mike Pompeo.– Jake LahutRead the original article on Business Insider.....»»

Category: topSource: businessinsiderMay 17th, 2022

Check out these 45 pitch decks fintechs disrupting trading, investing, and banking used to raise millions in funding

Looking for examples of real fintech pitch decks? Check out pitch decks that Qolo, Lance, and other startups used to raise money from VCs. Check out these pitch decks for examples of fintech founders sold their vision.Yulia Reznikov/Getty Images Insider has been tracking the next wave of hot new startups that are blending finance and tech.  Check out these pitch decks to see how fintech founders sold their vision. See more stories on Insider's business page. Fintech funding has been on a tear.In 2021, fintech funding hit a record $132 billion globally, according to CB Insights, more than double 2020's mark.Insider has been tracking the next wave of hot new startups that are blending finance and tech. Check out these pitch decks to see how fintech founders are selling their vision and nabbing big bucks in the process. You'll see new financial tech geared at freelancers, fresh twists on digital banking, and innovation aimed at streamlining customer onboarding. Pay-as-you-go compliance for banks, fintechs, and crypto startupsNeepa Patel, Themis' founder and CEOThemisWhen Themis founder and CEO Neepa Patel set out to build a new compliance tool for banks, fintech startups, and crypto companies, she tapped into her own experience managing risk at some of the nation's biggest financial firms. Having worked as a bank regulator at the Office of the Comptroller of the Currency and in compliance at Morgan Stanley, Deutsche Bank, and the enterprise blockchain company R3, Patel was well-placed to assess the shortcomings in financial compliance software. But Patel, who left the corporate world to begin work on Themis in 2020, drew on more than just her own experience and frustrations to build the startup."It's not just me building a tool based on my personal pain points. I reached out to regulators. I reached out to bank compliance officers and members in the fintech community just to make sure that we're building it exactly how they do their work," Patel told Insider. "That was the biggest problem: No one built a tool that was reflective of how people do their work."Check out the 9-page pitch deck Themis, which offers pay-as-you-go compliance for banks, fintechs, and crypto startups, used to raise $9 million in seed fundingDeploying algorithms and automation to small-business financingJustin Straight and Bernard Worthy, LoanWell co-foundersLoanWellBernard Worthy and Justin Straight, the founders of LoanWell, want to break down barriers to financing for small and medium-size businesses — and they've got algorithms and automation in their tech arsenals that they hope will do it.Worthy, the company's CEO, and Straight, its chief operating and financial officer, are powering community-focused lenders to fill a gap in the SMB financing world by boosting access to loans under $100,000. And the upstart is known for catching the attention, and dollars, of mission-driven investors. LoanWell closed a $3 million seed financing round in December led by Impact America Fund with participation from SoftBank's SB Opportunity Fund and Collab Capital.LoanWell automates the financing process — from underwriting and origination, to money movement and servicing — which shaves down an up-to-90-day process to 30 days or even same-day with some LoanWell lenders, Worthy said. SMBs rely on these loans to process quickly after two years of financial uncertainty. But the pandemic illustrated how time-consuming and expensive SMB financing can be, highlighted by efforts like the federal government's Paycheck Protection Program.Community banks, once the lifeline to capital for many local businesses, continue to shutter. And demands for smaller loan amounts remain largely unmet. More than half of business-loan applicants sought $100,000 or less, according to 2018 data from the Federal Reserve. But the average small-business bank loan was closer to six times that amount, according to the latest data from a now discontinued Federal Reserve survey.Here's the 14-page pitch deck LoanWell used to raise $3 million from investors like SoftBank.Helping small businesses manage their taxesComplYant's founder Shiloh Johnson wants to help people be present in their bookkeeping.ComplYantAfter 14 years in tax accounting, Shiloh Johnson had formed a core philosophy around corporate accounting: everyone deserves to understand their business's money and business owners need to be present in their bookkeeping process.She wanted to help small businesses understand "this is why you need to do what you're doing and why you have to change the way you think about tax and be present in your bookkeeping process," she told Insider. The Los Angeles native wanted small businesses to not only understand business tax no matter their size but also to find the tools they needed to prepare their taxes in one spot. So Johnson developed a software platform that provides just that.The 13-page pitch deck ComplYant used to nab $4 million that details the tax startup's plan to be Turbotax, Quickbooks, and Xero rolled into one for small business ownersHelping LatAm startups get up to speedKamino cofounders Guto Fragoso, Rodrigo Perenha, Benjamin Gleason, and Gonzalo Parejo.KaminoThere's more venture capital flowing into Latin America than ever before, but getting the funds in founders' hands is not exactly a simple process.In 2021, investors funneled $15.3 billion into Latin American companies, more than tripling the previous record of $4.9 billion in 2019. Fintech and e-commerce sectors drove funding, accounting for 39% and 25% of total funding, respectively.  However, for many startup founders in the region who have successfully sold their ideas and gotten investors on board, there's a patchwork of corporate structuring that's needed to access the funds, according to Benjamin Gleason, who was the chief financial officer at Groupon LatAm prior to cofounding Brazil-based fintech Kamino.It's a process Gleason and his three fellow Kamino cofounders have been through before as entrepreneurs and startup execs themselves. Most often, startups have to set up offshore financial accounts outside of Brazil, which "entails creating a Cayman [Islands] holding company, a Delaware LLC, and then connecting it to a local entity here and also opening US bank accounts for the Cayman entity, which is not trivial from a KYC perspective," said Gleason, who founded open-banking fintech Guiabolso in Sao Paulo. His partner, Gonzalo Parejo, experienced the same toils when he founded insurtech Bidu."Pretty much any international investor will usually ask for that," Gleason said, adding that investors typically cite liability issues."It's just a massive amount of bureaucracy, complexity, a lot of time from the founders. All of this just to get the money from the investor that wants to give them the money," he added.Here's the 8-page pitch deck Kamino, a fintech helping LatAm startups with everything from financing to corporate credit cards, used to raise a $6.1M pre-seed round 'A bank for immigrants'Priyank Singh and Rohit Mittal are the cofounders of Stilt.StiltRohit Mittal remembers the difficulties he faced when he first arrived in the United States a decade ago as a master's student at Columbia University.As an immigrant from India, Mittal had no credit score in the US and had difficulty integrating into the financial system. Mittal even struggled to get approved to rent an apartment and couch-surfed until he found a roommate willing to offer him space in his apartment in the New York neighborhood Morningside Heights.That roommate was Priyank Singh, who would go on to become Mittal's cofounder when the two started Stilt, a financial-technology company designed to address the problems Mittal faced when he arrived in the US.Stilt, which calls itself "a bank for immigrants," does not require a social security number or credit history to access its offerings, including unsecured personal loans.Instead of relying on traditional metrics like a credit score, Stilt uses data such as education and employment to predict an individual's future income stability and cash flow before issuing a loan. Stilt has seen its loan volume grow by 500% in the past 12 months, and the startup has loaned to immigrants from 160 countries since its launch. Here are the 15 slides Stilt, which calls itself 'a bank for immigrants,' used to raise a $14 million Series A Saving on vendor invoicesHoward Katzenberg, Glean's CEO and cofounder.GleanWhen it comes to high-flying tech startups, headlines and investors typically tend to focus on industry "disruption" and the total addressable market a company is hoping to reach. Expense cutting as a way to boost growth typically isn't part of the conversation early on, and finance teams are viewed as cost centers relative to sales teams. But one fast-growing area of business payments has turned its focus to managing those costs. Startups like Ramp and established names like Bill.com have made their name offering automated expense-management systems. Now, one new fintech competitor, Glean, is looking to take that further by offering both automated payment services and tailored line-item accounts-payable insights driven by machine-learning models. Glean's CFO and founder, Howard Katzenberg, told Insider that the genesis of Glean was driven by his own personal experience managing the finance teams of startups, including mortgage lender Better.com, which Katzenberg left in 2019, and online small-business lender OnDeck. "As a CFO of high-growth companies, I spent a lot of time focused on revenue and I had amazing dashboards in real time where I could see what is going on top of the funnel, what's going on with conversion rates, what's going on in terms of pricing and attrition," Katzenberg told Insider. See the 15-slide pitch deck Glean, a startup using machine learning to find savings in vendor invoices, used to raise $10.8 million in seed fundingBetter use of payroll dataAtomic's Head of Markets, Lindsay Davis.AtomicEmployees at companies large and small know the importance — and limitations — of how firms manage their payrolls. A new crop of startups are building the API pipes that connect companies and their employees to offer a greater level of visibility and flexibility when it comes to payroll data and employee verification. On Thursday, one of those names, Atomic, announced a $40 million Series B fundraising round co-led by Mercato Partners and Greylock, alongside Core Innovation Capital, Portage, and ATX Capital. The round follows Atomic's Series A round announced in October, when the startup raised a $22 million Series A from investors including Core Innovation Capital, Portage, and Greylock.Payroll startup Atomic just raised a $40 million Series B. Here's an internal deck detailing the fintech's approach to the red-hot payments space.Data science for commercial insuranceTanner Hackett, founder and CEO of Counterpart.CounterpartThere's been no shortage of funds flowing into insurance-technology companies over the past few years. Private-market funding to insurtechs soared to $15.4 billion in 2021, a 90% increase compared to 2020. Some of the most well-known consumer insurtech names — from Oscar (which focuses on health insurance) to Metromile (which focuses on auto) — launched on the public markets last year, only to fall over time or be acquired as investors questioned the sustainability of their business models. In the commercial arena, however, the head of one insurtech company thinks there is still room to grow — especially for those catering to small businesses operating in an entirely new, pandemic-defined environment. "The bigger opportunity is in commercial lines," Tanner Hackett, the CEO of management liability insurer Counterpart, told Insider."Everywhere I poke, I'm like, 'Oh my goodness, we're still in 1.0, and all the other businesses I've built were on version three.' Insurance is still in 1.0, still managing from spreadsheets and PDFs," added Hackett, who also previously co-founded Button, which focuses on mobile marketing. See the 8-page pitch deck Counterpart, a startup disrupting commercial insurance with data science, used to raise a $30 million Series BCrypto staking made easyEthan and Eric Parker, founders of crypto-investing app Giddy.GiddyFrom the outside looking in, cryptocurrency can seem like a world of potential, but also one of complexity. That's because digital currencies, which can be traded, invested in, and moved like traditional currencies, operate on decentralized blockchain networks that can be quite technical in nature. Still, they offer the promise of big gains and have been thrusted into the mainstream over the years, converting Wall Street stalwarts and bankers.But for the everyday investor, a fear of missing out is settling in. That's why brothers Ethan and Eric Parker built Giddy, a mobile app that enables users to invest in crypto, earn passive income on certain crypto holdings via staking, and get into the red-hot space of decentralized finance, or DeFi."What we're focusing on is giving an opportunity for people who otherwise couldn't access DeFi because it's just technically too difficult," Eric Parker, CEO at Giddy, told Insider. Here's the 7-page pitch deck Giddy, an app that lets users invest in DeFi, used to raise an $8 million seed roundAccess to commercial real-estate investing LEX Markets cofounders and co-CEOs Drew Sterrett and Jesse Daugherty.LEX MarketsDrew Sterrett was structuring real-estate deals while working in private equity when he realized the inefficiencies that existed in the market. Only high-net worth individuals or accredited investors could participate in commercial real-estate deals. If they ever wanted to leave a partnership or sell their stake in a property, it was difficult to find another investor to replace them. Owners also struggled to sell minority stakes in their properties and didn't have many good options to recapitalize an asset if necessary.In short, the market had a high barrier to entry despite the fact it didn't always have enough participants to get deals done quickly. "Most investors don't have access to high-quality commercial real-estate investments. How do we have the oldest and largest asset class in the world and one of the largest wealth creators with no public and liquid market?" Sterrett told Insider. "It sort of seems like a no-brainer, and that this should have existed 50 or 60 years ago."This 15-page pitch deck helped LEX Markets, a startup making investing in commercial real estate more accessible, raise $15 millionHelping streamline how debts are repaidMethod Financial cofounders Jose Bethancourt and Marco del Carmen.Method FinancialWhen Jose Bethancourt graduated from the University of Texas at Austin in May 2019, he faced the same question that confronts over 43 million Americans: How would he repay his student loans?The problem led Bethancourt on a nearly two-year journey that culminated in the creation of a startup aimed at making it easier for consumers to more seamlessly pay off all kinds of debt.  Initially, Bethancourt and fellow UT grad Marco del Carmen built GradJoy, an app that helped users better understand how to manage student loan repayment and other financial habits. GradJoy was accepted into Y Combinator in the summer of 2019. But the duo quickly realized the real benefit to users would be helping them move money to make payments instead of simply offering recommendations."When we started GradJoy, we thought, 'Oh, we'll just give advice — we don't think people are comfortable with us touching their student loans,' and then we realized that people were saying, 'Hey, just move the money — if you think I should pay extra, then I'll pay extra.' So that's kind of the movement that we've seen, just, everybody's more comfortable with fintechs doing what's best for them," Bethancourt told Insider. Here is the 11-slide pitch deck Method Financial, a Y Combinator-backed fintech making debt repayment easier, used to raise $2.5 million in pre-seed fundingSmarter insurance for multifamily propertiesItai Ben-Zaken, cofounder and CEO of Honeycomb.HoneycombA veteran of the online-insurance world is looking to revolutionize the way the industry prices risk for commercial properties with the help of artificial intelligence.Insurance companies typically send inspectors to properties before issuing policies to better understand how the building is maintained and identify potential risks or issues with it. It's a process that can be time-consuming, expensive, and inefficient, making it hard to justify for smaller commercial properties, like apartment and condo buildings.Insurtech Honeycomb is looking to fix that by using AI to analyze a combination of third-party data and photos submitted by customers through the startup's app to quickly identify any potential risks at a property and more accurately price policies."That whole physical inspection thing had really good things in it, but it wasn't really something that is scalable and, it's also expensive," Itai Ben-Zaken, Honeycomb's cofounder and CEO, told Insider. "The best way to see a property right now is Google street view. Google street view is usually two years old."Here's the 10-page Series A pitch deck used by Honeycomb, a startup that wants to revolutionize the $26 billion market for multifamily property insuranceRetirement accounts for cryptoTodd Southwick, CEO and co-founder of iTrustCapital.iTrustCapitalTodd Southwick and Blake Skadron stuck to a simple mandate when they were building out iTrustCapital, a $1.3 billion fintech that strives to offer cryptocurrencies to the masses via dedicated individual retirement accounts."We wanted to make a product that we would feel happy recommending for our parents to use," Southwick, the CEO of iTrustCapital, told Insider. That guiding framework resulted in a software system that helped to digitize and automate the traditionally clunky and paper-based process of setting up an IRA for alternative assets, Southwick said. "We saw a real opportunity within the self-directed IRAs because we knew at that point in time, there was a fairly small segment of people that was willing to deal with the inconvenience of having to set up an IRA" for crypto, Southwick said. The process often involved phone calls to sales reps and over-the-counter trading desks, paper and fax machines, and days of wait time.iTrustCapital allows customers to buy and sell cryptocurrencies using tax-advantaged IRAs with no monthly account fees. The startup provides access to 25 cryptocurrencies like bitcoin, ethereum, and dogecoin — charging a 1% transaction fee on crypto trades — as well as gold and silver.iTrustCapital, a fintech simplifying how to set up a crypto retirement account, used this 8-page pitch deck to raise a $125 million Series AA new way to assess creditworthinessPinwheel founders Curtis Lee, Kurt Lin, and Anish Basu.PinwheelGrowing up, Kurt Lin never saw his father get frustrated. A "traditional, stoic figure," Lin said his father immigrated to the United States in the 1970s. Becoming part of the financial system proved even more difficult than assimilating into a new culture.Lin recalled visiting bank after bank with his father as a child, watching as his father's applications for a mortgage were denied due to his lack of credit history. "That was the first time in my life I really saw him crack," Lin told Insider. "The system doesn't work for a lot of people — including my dad," he added. Lin would find a solution to his father's problem years later while working with Anish Basu, and Curtis Lee on an automated health savings account. The trio realized the payroll data integrations they were working on could be the basis of a product that would help lenders work with consumers without strong credit histories."That's when the lightbulb hit," said Lin, Pinwheel's CEO.In 2018, Lin, Basu, and Lee founded Pinwheel, an application-programming interface that shares payroll data to help both fintechs and traditional lenders serve consumers with limited or poor credit, who have historically struggled to access financial products. Here's the 9-page deck that Pinwheel, a fintech helping lenders tap into payroll data to serve consumers with little to no credit, used to raise a $50 million Series BA new data feed for bond tradingMark Lennihan/APFor years, the only way investors could figure out the going price of a corporate bond was calling up a dealer on the phone. The rise of electronic trading has streamlined that process, but data can still be hard to come by sometimes. A startup founded by a former Goldman Sachs exec has big plans to change that. BondCliQ is a fintech that provides a data feed of pre-trade pricing quotes for the corporate bond market. Founded by Chris White, the creator of Goldman Sachs' defunct corporate-bond-trading system, BondCliQ strives to bring transparency to a market that has traditionally kept such data close to the vest. Banks, which typically serve as the dealers of corporate bonds, have historically kept pre-trade quotes hidden from other dealers to maintain a competitive advantage.But tech advancements and the rise of electronic marketplaces have shifted power dynamics into the hands of buy-side firms, like hedge funds and asset managers. The investors are now able to get a fuller picture of the market by aggregating price quotes directly from dealers or via vendors.Here's the 9-page pitch deck that BondCliQ, a fintech looking to bring more data and transparency to bond trading, used to raise its Series AA trading app for activismAntoine Argouges, CEO and founder of Tulipshare.TulipshareAn up-and-coming fintech is taking aim at some of the world's largest corporations by empowering retail investors to push for social and environmental change by pooling their shareholder rights.London-based Tulipshare lets individuals in the UK invest as little as one pound in publicly-traded company stocks. The upstart combines individuals' shareholder rights with other like-minded investors to advocate for environmental, social, and corporate governance change at firms like JPMorgan, Apple, and Amazon.The goal is to achieve a higher number of shares to maximize the number of votes that can be submitted at shareholder meetings. Already a regulated broker-dealer in the UK, Tulipshare recently applied for registration as a broker-dealer in the US. "If you ask your friends and family if they've ever voted on shareholder resolutions, the answer will probably be close to zero," CEO and founder Antoine Argouges told Insider. "I started Tulipshare to utilize shareholder rights to bring about positive corporate change that has an impact on people's lives and our planet — what's more powerful than money to change the system we live in?"Check out the 14-page pitch deck from Tulipshare, a trading app that lets users pool their shareholder votes for activism campaignsThe back-end tech for beautyDanielle Cohen-Shohet, CEO and founder of GlossGeniusGlossGeniusDanielle Cohen-Shohet might have started as a Goldman Sachs investment analyst, but at her core she was always a coder.After about three years at Goldman Sachs, Cohen-Shohet left the world of traditional finance to code her way into starting her own company in 2016. "There was a period of time where I did nothing, but eat, sleep, and code for a few weeks," Cohen-Shohet told Insider. Her technical edge and knowledge of the point-of-sale payment space led her to launch a software company focused on providing behind-the-scenes tech for beauty and wellness small businesses.Cohen-Shohet launched GlossGenius in 2017 to provide payments tech for hair stylists, nail technicians, blow-out bars, and other small businesses in the space.Here's the 11-page deck GlossGenius, a startup that provides back-end tech for the beauty industry, used to raise $16 millionPrivate market data on the blockchainPat O'Meara, CEO of Inveniam.InveniamFor investors in publicly-traded stocks, there's typically no shortage of company data to guide investment decisions. Company financials are easily accessible and vetted by teams of regulators, lawyers, and accountants.But in the private markets — which encompass assets that range from real estate to private credit and private equity — that isn't always the case. Within real estate, for example, valuations of a specific slice of property are often the product of heavily-worked Excel models and a lot of institutional knowledge, leaving them susceptible to manual error at many points along the way.Inveniam, founded in 2017, is a software company that tokenizes the business data of private companies on the blockchain. Using a distributed ledger allows Inveniam to keep track of who is touching the data and what they are doing to it. Check out the 16-page pitch deck for Inveniam, a blockchain-based startup looking to be the Refinitiv of private-market dataHelping freelancers with their taxesJaideep Singh is the CEO and co-founder of FlyFin, an AI-driven tax preparation software program for freelancers.FlyFinSome people, particularly those with families or freelancing businesses, spend days searching for receipts for tax season, making tax preparation a time consuming and, at times, taxing experience. That's why in 2020 Jaideep Singh founded FlyFin, an artificial-intelligence tax preparation program for freelancers that helps people, as he puts it, "fly through their finances." FlyFin is set up to connect to a person's bank accounts, allowing the AI program to help users monitor for certain expenses that can be claimed on their taxes like business expenditures, the interest on mortgages, property taxes, or whatever else that might apply. "For most individuals, people have expenses distributed over multiple financial institutions. So we built an AI platform that is able to look at expenses, understand the individual, understand your profession, understand the freelance population at large, and start the categorization," Singh told Insider.Check out the 7-page pitch deck a startup helping freelancers manage their taxes used to nab $8 million in funding Shopify for embedded financeProductfy CEO and founder, Duy Vo.ProductfyProductfy is looking to break into embedded finance by becoming the Shopify of back-end banking services.Embedded finance — integrating banking services in non-financial settings — has taken hold in the e-commerce world. But Productfy is going after a different kind of customer in churches, universities, and nonprofits.The San Jose, Calif.-based upstart aims to help non-finance companies offer their own banking products. Productfy can help customers launch finance features in as little as a week and without additional engineering resources or background knowledge of banking compliance or legal requirements, Productfy founder and CEO Duy Vo told Insider. "You don't need an engineer to stand up Shopify, right? You can be someone who's just creating art and you can use Shopify to build your own online store," Vo said, adding that Productfy is looking to take that user experience and replicate it for banking services.Here's the 15-page pitch deck Productfy, a fintech looking to be the Shopify of embedded finance, used to nab a $16 million Series AReal-estate management made easyAgora founders Noam Kahan, CTO, Bar Mor, CEO, and Lior Dolinski, CPO.AgoraFor alternative asset managers of any type, the operations underpinning sales and investor communications are a crucial but often overlooked part of the business. Fund managers love to make bets on markets, not coordinate hundreds of wire transfers to clients each quarter or organize customer-relationship-management databases.Within the $10.6 trillion global market for professionally managed real-estate investing, that's where Tel Aviv and New York-based startup Agora hopes to make its mark.Founded in 2019, Agora offers a set of back-office, investor relations, and sales software tools that real-estate investment managers can plug into their workflows. On Wednesday, Agora announced a $9 million seed round, led by Israel-based venture firm Aleph, with participation from River Park Ventures and Maccabee Ventures. The funding comes on the heels of an October 2020 pre-seed fund raise worth $890,000, in which Maccabee also participated.Here's the 15-slide pitch deck that Agora, a startup helping real-estate investors manage communications and sales with their clients, used to raise a $9 million seed roundCheckout made easyBolt's Ryan Breslow.Ryan BreslowAmazon has long dominated e-commerce with its one-click checkout flows, offering easier ways for consumers to shop online than its small-business competitors.Bolt gives small merchants tools to offer the same easy checkouts so they can compete with the likes of Amazon.The startup raised its $393 million Series D to continue adding its one-click checkout feature to merchants' own websites in October.Bolt markets to merchants themselves. But a big part of Bolt's pitch is its growing network of consumers — currently over 5.6 million — that use its features across multiple Bolt merchant customers. Roughly 5% of Bolt's transactions were network-driven in May, meaning users that signed up for a Bolt account on another retailer's website used it elsewhere. The network effects were even more pronounced in verticals like furniture, where 49% of transactions were driven by the Bolt network."The network effect is now unleashed with Bolt in full fury, and that triggered the raise," Bolt's founder and CEO Ryan Breslow told Insider.Here's the 12-page deck that one-click checkout Bolt used to outline its network of 5.6 million consumers and raise its Series DHelping small banks lendCollateralEdge's Joel Radtke, cofounder, COO, and president, and Joe Beard, cofounder and CEO.CollateralEdgeFor large corporations with a track record of tapping the credit markets, taking out debt is a well-structured and clear process handled by the nation's biggest investment banks and teams of accountants. But smaller, middle-market companies — typically those with annual revenues ranging up to $1 billion — are typically served by regional and community banks that don't always have the capacity to adequately measure the risk of loans or price them competitively. Per the National Center for the Middle Market, 200,000 companies fall into this range, accounting for roughly 33% of US private sector GDP and employment.Dallas-based fintech CollateralEdge works with these banks — typically those with between $1 billion and $50 billion in assets — to help analyze and price slices of commercial and industrial loans that previously might have gone unserved by smaller lenders.On October 20th, CollateralEdge announced a $3.5 million seed round led by Dallas venture fund Perot Jain with participation from Kneeland Youngblood (a founder of the healthcare-focused private-equity firm Pharos Capital) and other individual investors.Here's the 10-page deck CollateralEdge, a fintech streamlining how small banks lend to businesses, used to raise a $3.5 million seed round Quantum computing made easyQC Ware CEO Matt Johnson.QC WareEven though banks and hedge funds are still several years out from adding quantum computing to their tech arsenals, that hasn't stopped Wall Street giants from investing time and money into the emerging technology class. And momentum for QC Ware, a startup looking to cut the time and resources it takes to use quantum computing, is accelerating. The fintech secured a $25 million Series B on September 29 co-led by Koch Disruptive Technologies and Covestro with participation from D.E. Shaw, Citi, and Samsung Ventures.QC Ware, founded in 2014, builds quantum algorithms for the likes of Goldman Sachs (which led the fintech's Series A), Airbus, and BMW Group. The algorithms, which are effectively code bases that include quantum processing elements, can run on any of the four main public-cloud providers.Quantum computing allows companies to do complex calculations faster than traditional computers by using a form of physics that runs on quantum bits as opposed to the traditional 1s and 0s that computers use. This is especially helpful in banking for risk analytics or algorithmic trading, where executing calculations milliseconds faster than the competition can give firms a leg up. Here's the 20-page deck QC Ware, a fintech making quantum computing more accessible, used to raised its $25 million Series BSimplifying quant modelsKirat Singh and Mark Higgins, Beacon's cofounders.BeaconA fintech that helps financial institutions use quantitative models to streamline their businesses and improve risk management is catching the attention, and capital, of some of the country's biggest investment managers.Beacon Platform, founded in 2014, is a fintech that builds applications and tools to help banks, asset managers, and trading firms quickly integrate quantitative models that can help with analyzing risk, ensuring compliance, and improving operational efficiency. The company raised its Series C on Wednesday, scoring a $56 million investment led by Warburg Pincus with support from Blackstone Innovations Investments, PIMCO, and Global Atlantic. Blackstone, PIMCO, and Global Atlantic are also users of Beacon's tech, as are the Commonwealth Bank of Australia and Shell New Energies, a division of Royal Dutch Shell, among others.The fintech provides a shortcut for firms looking to use quantitative modelling and data science across various aspects of their businesses, a process that can often take considerable resources if done solo.Here's the 20-page pitch deck Beacon, a fintech helping Wall Street better analyze risk and data, used to raise $56 million from Warburg Pincus, Blackstone, and PIMCOInvoice financing for SMBsStacey Abrams and Lara Hodgson, Now cofounders.NowAbout a decade ago, politician Stacey Abrams and entrepreneur Lara Hodgson were forced to fold their startup because of a kink in the supply chain — but not in the traditional sense.Nourish, which made spill-proof bottled water for children, had grown quickly from selling to small retailers to national ones. And while that may sound like a feather in the small business' cap, there was a hang-up."It was taking longer and longer to get paid, and as you can imagine, you deliver the product and then you wait and you wait, but meanwhile you have to pay your employees and you have to pay your vendors," Hodgson told Insider. "Waiting to get paid was constraining our ability to grow."While it's not unusual for small businesses to grapple with working capital issues, the dust was still settling from the Great Recession. Abrams and Hodgson couldn't secure a line of credit or use financing tools like factoring to solve their problem. The two entrepreneurs were forced to close Nourish in 2012, but along the way they recognized a disconnect in the system.  "Why are we the ones borrowing money, when in fact we're the lender here because every time you send an invoice to a customer, you've essentially extended a free loan to that customer by letting them pay later," Hodgson said. "And the only reason why we were going to need to possibly borrow money was because we had just given ours away for free to Whole Foods," she added.Check out the 7-page deck that Now, Stacey Abrams' fintech that wants to help small businesses 'grow fearlessly', used to raise $29 millionInsurance goes digitalJamie Hale, CEO and cofounder of Ladder.LadderFintechs looking to transform how insurance policies are underwritten, issued, and experienced by customers have grown as new technology driven by digital trends and artificial intelligence shape the market. And while verticals like auto, homeowner's, and renter's insurance have seen their fair share of innovation from forward-thinking fintechs, one company has taken on the massive life-insurance market. Founded in 2017, Ladder uses a tech-driven approach to offer life insurance with a digital, end-to-end service that it says is more flexible, faster, and cost-effective than incumbent players.Life, annuity, and accident and health insurance within the US comprise a big chunk of the broader market. In 2020, premiums written on those policies totaled some $767 billion, compared to $144 billion for auto policies and $97 billion for homeowner's insurance.Here's the 12-page deck that Ladder, a startup disrupting the 'crown jewel' of the insurance market, used to nab $100 millionEmbedded payments for SMBsThe Highnote team.HighnoteBranded cards have long been a way for merchants with the appropriate bank relationships to create additional revenue and build customer loyalty. The rise of embedded payments, or the ability to shop and pay in a seamless experience within a single app, has broadened the number of companies looking to launch branded cards.Highnote is a startup that helps small to mid-sized merchants roll out their own debit and pre-paid digital cards. The fintech emerged from stealth on Tuesday to announce it raised $54 million in seed and Series A funding.Here's the 12-page deck Highnote, a startup helping SMBs embed payments, used to raise $54 million in seed and Series A fundingAn alternative auto lenderDaniel Chu, CEO and founder of Tricolor.TricolorAn alternative auto lender that caters to thin- and no-credit Hispanic borrowers is planning a national expansion after scoring a $90 million investment from BlackRock-managed funds. Tricolor is a Dallas-based auto lender that is a community development financial institution. It uses a proprietary artificial-intelligence engine that decisions each customer based on more than 100 data points, such as proof of income. Half of Tricolor's customers have a FICO score, and less than 12% have scores above 650, yet the average customer has lived in the US for 15 years, according to the deck.A 2017 survey by the Federal Deposit Insurance Corporation found 31.5% of Hispanic households had no mainstream credit compared to 14.4% of white households. "For decades, the deck has been stacked against low income or credit invisible Hispanics in the United States when it comes to the purchase and financing of a used vehicle," Daniel Chu, founder and CEO of Tricolor, said in a statement announcing the raise.An auto lender that caters to underbanked Hispanics used this 25-page deck to raise $90 million from BlackRock investorsA new way to access credit The TomoCredit team.TomoCreditKristy Kim knows first-hand the challenge of obtaining credit in the US without an established credit history. Kim, who came to the US from South Korea, couldn't initially get access to credit despite having a job in investment banking after graduating college. "I was in my early twenties, I had a good income, my job was in investment banking but I could not get approved for anything," Kim told Insider. "Many young professionals like me, we deserve an opportunity to be considered but just because we didn't have a Fico, we weren't given a chance to even apply," she added.Kim started TomoCredit in 2018 to help others like herself gain access to consumer credit. TomoCredit spent three years building an internal algorithm to underwrite customers based on cash flow, rather than a credit score.TomoCredit, a fintech that lends to thin- and no-credit borrowers, used this 17-page pitch deck to raise its $10 million Series AAn IRA for alternativesHenry Yoshida is the co-founder and CEO of retirement fintech startup Rocket Dollar.Rocket DollarFintech startup Rocket Dollar, which helps users invest their individual retirement account (IRA) dollars into alternative assets, just raised $8 million for its Series A round, the company announced on Thursday.Park West Asset Management led the round, with participation from investors including Hyphen Capital, which focuses on backing Asian American entrepreneurs, and crypto exchange Kraken's venture arm. Co-founded in 2018 by CEO Henry Yoshida, CTO Rick Dude, and VP of marketing Thomas Young, Rocket Dollar now has over $350 million in assets under management on its platform. Yoshida sold his first startup, a roboadvisor called Honest Dollar, to Goldman Sachs' investment management division for an estimated $20 million.Yoshida told Insider that while ultra-high net worth investors have been investing self-directed retirement account dollars into alternative assets like real estate, private equity, and cryptocurrency, average investors have not historically been able to access the same opportunities to invest IRA dollars in alternative assets through traditional platforms.Here's the 34-page pitch deck a fintech that helps users invest their retirement savings in crypto and real estate assets used to nab $8 millionConnecting startups and investorsHum Capital cofounder and CEO Blair Silverberg.Hum CapitalBlair Silverberg is no stranger to fundraising.For six years, Silverberg was a venture capitalist at Draper Fisher Jurvetson and Private Credit Investments making bets on startups."I was meeting with thousands of founders in person each year, watching them one at a time go through this friction where they're meeting a ton of investors, and the investors are all asking the same questions," Silverberg told Insider. He switched gears about three years ago, moving to the opposite side of the metaphorical table, to start Hum Capital, which uses artificial intelligence to match investors with startups looking to fundraise.On August 31, the New York-based fintech announced its $9 million Series A. The round was led by Future Ventures with participation from Webb Investment Network, Wavemaker Partners, and Partech. This 11-page pitch deck helped Hum Capital, a fintech using AI to match investors with startups, raise a $9 million Series A.Payments infrastructure for fintechsQolo CEO and co-founder Patricia Montesi.QoloThree years ago, Patricia Montesi realized there was a disconnect in the payments world. "A lot of new economy companies or fintech companies were looking to mesh up a lot of payment modalities that they weren't able to," Montesi, CEO and co-founder of Qolo, told Insider.Integrating various payment capabilities often meant tapping several different providers that had specializations in one product or service, she added, like debit card issuance or cross-border payments. "The way people were getting around that was that they were creating this spider web of fintech," she said, adding that "at the end of it all, they had this mess of suppliers and integrations and bank accounts."The 20-year payments veteran rounded up a group of three other co-founders — who together had more than a century of combined industry experience — to start Qolo, a business-to-business fintech that sought out to bundle back-end payment rails for other fintechs.Here's the 11-slide pitch deck a startup that provides payments infrastructure for other fintechs used to raise a $15 million Series ASoftware for managing freelancersWorksome cofounder and CEO Morten Petersen.WorksomeThe way people work has fundamentally changed over the past year, with more flexibility and many workers opting to freelance to maintain their work-from-home lifestyles.But managing a freelance or contractor workforce is often an administrative headache for employers. Worksome is a startup looking to eliminate all the extra work required for employers to adapt to more flexible working norms.Worksome started as a freelancer marketplace automating the process of matching qualified workers with the right jobs. But the team ultimately pivoted to a full suite of workforce management software, automating administrative burdens required to hire, pay, and account for contract workers.In May, Worksome closed a $13 million Series A backed by European angel investor Tommy Ahlers and Danish firm Lind & Risør.Here's the 21-slide pitch deck used by a startup that helps firms like Carlsberg and Deloitte manage freelancersPersonal finance is only a text awayYinon Ravid, the chief executive and cofounder of Albert.AlbertThe COVID-19 pandemic has underscored the growing preference of mobile banking as customers get comfortable managing their finances online.The financial app Albert has seen a similar jump in activity. Currently counting more than six million members, deposits in Albert's savings offering doubled from the start of the pandemic in March 2020 to May of this year, from $350 million to $700 million, according to new numbers released by the company. Founded in 2015, Albert offers automated budgeting and savings tools alongside guided investment portfolios. It's looked to differentiate itself through personalized features, like the ability for customers to text human financial experts.Budgeting and saving features are free on Albert. But for more tailored financial advice, customers pay a subscription fee that's a pay-what-you-can model, between $4 and $14 a month. And Albert's now banking on a new tool to bring together its investing, savings, and budgeting tools.Fintech Albert used this 10-page pitch deck to raise a $100 million Series C from General Atlantic and CapitalGRethinking debt collection Jason Saltzman, founder and CEO of ReliefReliefFor lenders, debt collection is largely automated. But for people who owe money on their credit cards, it can be a confusing and stressful process.  Relief is looking to change that. Its app automates the credit-card debt collection process for users, negotiating with lenders and collectors to settle outstanding balances on their behalf. The fintech just launched and closed a $2 million seed round led by Collaborative Ventures. Relief's fundraising experience was a bit different to most. Its pitch deck, which it shared with one investor via Google Slides, went viral. It set out to raise a $1 million seed round, but ended up doubling that and giving some investors money back to make room for others.Check out a 15-page pitch deck that went viral and helped a credit-card debt collection startup land a $2 million seed roundBlockchain for private-markets investing Carlos Domingo is cofounder and CEO of Securitize.SecuritizeSecuritize, founded in 2017 by the tech industry veterans Carlos Domingo and Jamie Finn, is bringing blockchain technology to private-markets investing. The company raised $48 million in Series B funding on June 21 from investors including Morgan Stanley and Blockchain Capital.Securitize helps companies crowdfund capital from individual and institutional investors by issuing their shares in the form of blockchain tokens that allow for more efficient settlement, record keeping, and compliance processes. Morgan Stanley's Tactical Value fund, which invests in private companies, made its first blockchain-technology investment when it coled the Series B, Securitize CEO Carlos Domingo told Insider.Here's the 11-page pitch deck a blockchain startup looking to revolutionize private-markets investing used to nab $48 million from investors like Morgan StanleyE-commerce focused business bankingMichael Rangel, cofounder and CEO, and Tyler McIntyre, cofounder and CTO of Novo.Kristelle Boulos PhotographyBusiness banking is a hot market in fintech. And it seems investors can't get enough.Novo, the digital banking fintech aimed at small e-commerce businesses, raised a $40.7 million Series A led by Valar Ventures in June. Since its launch in 2018, Novo has signed up 100,000 small businesses. Beyond bank accounts, it offers expense management, a corporate card, and integrates with e-commerce infrastructure players like Shopify, Stripe, and Wise.Founded in 2018, Novo was based in New York City, but has since moved its headquarters to Miami. Here's the 12-page pitch deck e-commerce banking startup Novo used to raise its $40 million Series ABlockchain-based credit score tech John Sun, Anna Fridman, and Adam Jiwan are the cofounders of fintech startup Spring Labs.Spring LabsA blockchain-based fintech startup that is aiming to disrupt the traditional model of evaluating peoples' creditworthiness recently raised $30 million in a Series B funding led by credit reporting giant TransUnion.Four-year-old Spring Labs aims to create a private, secure data-sharing model to help credit agencies better predict the creditworthiness of people who are not in the traditional credit bureau system. The founding team of three fintech veterans met as early employees of lending startup Avant.Existing investors GreatPoint Ventures and August Capital also joined in on the most recent round.  So far Spring Labs has raised $53 million from institutional rounds.TransUnion, a publicly-traded company with a $20 billion-plus market cap, is one of the three largest consumer credit agencies in the US. After 18 months of dialogue and six months of due diligence, TransAmerica and Spring Labs inked a deal, Spring Labs CEO and cofounder Adam Jiwan told Insider.Here's the 10-page pitch deck blockchain-based fintech Spring Labs used to snag $30 million from investors including credit reporting giant TransUnionDigital banking for freelancersJGalione/Getty ImagesLance is a new digital bank hoping to simplify the life of those workers by offering what it calls an "active" approach to business banking. "We found that every time we sat down with the existing tools and resources of our accountants and QuickBooks and spreadsheets, we just ended up getting tangled up in the whole experience of it," Lance cofounder and CEO Oona Rokyta told Insider. Lance offers subaccounts for personal salaries, withholdings, and savings to which freelancers can automatically allocate funds according to custom preset levels. It also offers an expense balance that's connected to automated tax withholdings.In May, Lance announced the closing of a $2.8 million seed round that saw participation from Barclays, BDMI, Great Oaks Capital, Imagination Capital, Techstars, DFJ Frontier, and others.Here's the 21-page pitch deck Lance, a digital bank for freelancers, used to raise a $2.8 million seed round from investors including BarclaysDigital tools for independent financial advisorsJason Wenk, founder and CEO of AltruistAltruistJason Wenk started his career at Morgan Stanley in investment research over 20 years ago. Now, he's running a company that is hoping to broaden access to financial advice for less-wealthy individuals. The startup raised $50 million in Series B funding led by Insight Partners with participation from investors Vanguard and Venrock. The round brings the Los Angeles-based startup's total funding to just under $67 million.Founded in 2018, Altruist is a digital brokerage built for independent financial advisors, intended to be an "all-in-one" platform that unites custodial functions, portfolio accounting, and a client-facing portal. It allows advisors to open accounts, invest, build models, report, trade (including fractional shares), and bill clients through an interface that can advisors time by eliminating mundane operational tasks.Altruist aims to make personalized financial advice less expensive, more efficient, and more inclusive through the platform, which is designed for registered investment advisors (RIAs), a growing segment of the wealth management industry. Here's the pitch deck for Altruist, a wealth tech challenging custodians Fidelity and Charles Schwab, that raised $50 million from Vanguard and InsightPayments and operations support HoneyBook cofounders Dror Shimoni, Oz Alon, and Naama Alon.HoneyBookWhile countless small businesses have been harmed by the pandemic, self-employment and entrepreneurship have found ways to blossom as Americans started new ventures.Half of the US population may be freelance by 2027, according to a study commissioned by remote-work hiring platform Upwork. HoneyBook, a fintech startup that provides payment and operations support for freelancers, in May raised $155 million in funding and achieved unicorn status with its $1 billion-plus valuation.Durable Capital Partners led the Series D funding with other new investors including renowned hedge fund Tiger Global, Battery Ventures, Zeev Ventures, and 01 Advisors. Citi Ventures, Citigroup's startup investment arm that also backs fintech robo-advisor Betterment, participated as an existing investor in the round alongside Norwest Venture partners. The latest round brings the company's fundraising total to $227 million to date.Here's the 21-page pitch deck a Citi-backed fintech for freelancers used to raise $155 million from investors like hedge fund Tiger GlobalFraud prevention for lenders and insurersFiordaliso/Getty ImagesOnboarding new customers with ease is key for any financial institution or retailer. The more friction you add, the more likely consumers are to abandon the entire process.But preventing fraud is also a priority, and that's where Neuro-ID comes in. The startup analyzes what it calls "digital body language," or, the way users scroll, type, and tap. Using that data, Neuro-ID can identify fraudulent users before they create an account. It's built for banks, lenders, insurers, and e-commerce players."The train has left the station for digital transformation, but there's a massive opportunity to try to replicate all those communications that we used to have when we did business in-person, all those tells that we would get verbally and non-verbally on whether or not someone was trustworthy," Neuro-ID CEO Jack Alton told Insider.Founded in 2014, the startup's pitch is twofold: Neuro-ID can save companies money by identifying fraud early, and help increase user conversion by making the onboarding process more seamless. In December Neuro-ID closed a $7 million Series A, co-led by Fin VC and TTV Capital, with participation from Canapi Ventures. With 30 employees, Neuro-ID is using the fresh funding to grow its team and create additional tools to be more self-serving for customers.Here's the 11-slide pitch deck a startup that analyzes consumers' digital behavior to fight fraud used to raise a $7 million Series AAI-powered tools to spot phony online reviews Saoud Khalifah, founder and CEO of Fakespot.FakespotMarketplaces like Amazon and eBay host millions of third-party sellers, and their algorithms will often boost items in search based on consumer sentiment, which is largely based on reviews. But many third-party sellers use fake reviews often bought from click farms to boost their items, some of which are counterfeit or misrepresented to consumers.That's where Fakespot comes in. With its Chrome extension, it warns users of sellers using potentially fake reviews to boost sales and can identify fraudulent sellers. Fakespot is currently compatible with Amazon, BestBuy, eBay, Sephora, Steam, and Walmart."There are promotional reviews written by humans and bot-generated reviews written by robots or review farms," Fakespot founder and CEO Saoud Khalifah told Insider. "Our AI system has been built to detect both categories with very high accuracy."Fakespot's AI learns via reviews data available on marketplace websites, and uses natural-language processing to identify if reviews are genuine. Fakespot also looks at things like whether the number of positive reviews are plausible given how long a seller has been active.Fakespot, a startup that helps shoppers detect robot-generated reviews and phony sellers on Amazon and Shopify, used this pitch deck to nab a $4 million Series ANew twists on digital bankingZach Bruhnke, cofounder and CEO of HMBradleyHMBradleyConsumers are getting used to the idea of branch-less banking, a trend that startup digital-only banks like Chime, N26, and Varo have benefited from. The majority of these fintechs target those who are underbanked, and rely on usage of their debit cards to make money off interchange. But fellow startup HMBradley has a different business model. "Our thesis going in was that we don't swipe our debit cards all that often, and we don't think the customer base that we're focusing on does either," Zach Bruhnke, cofounder and CEO of HMBradley, told Insider. "A lot of our customer base uses credit cards on a daily basis."Instead, the startup is aiming to build clientele with stable deposits. As a result, the bank is offering interest-rate tiers depending on how much a customer saves of their direct deposit.Notably, the rate tiers are dependent on the percentage of savings, not the net amount. "We'll pay you more when you save more of what comes in," Bruhnke said. "We didn't want to segment customers by how much money they had. So it was always going to be about a percentage of income. That was really important to us."Check out the 14-page pitch deck fintech HMBradley, a neobank offering interest rates as high as 3%, used to raise an $18.25 million Series ARead the original article on Business Insider.....»»

Category: topSource: businessinsiderMay 17th, 2022

Greenwald: The Demented - And Selective - Game Of Instantly Blaming Political Opponents For Mass Shootings

Greenwald: The Demented - And Selective - Game Of Instantly Blaming Political Opponents For Mass Shootings Authored by Glenn Greenwald via greenwald.substack.com, At a softball field in a Washington, DC suburb on June 14, 2017, a lone gunman used a rifle to indiscriminately spray bullets at members of the House GOP who had gathered for their usual Saturday morning practice for an upcoming charity game. The then-House Majority Whip, Rep. Steven Scalise (R-LA), was shot in the hip while standing on second base and almost died, spending six weeks in the hospital and undergoing multiple surgeries. Four other people were shot, including two members of the Capitol Police who were part of Scalise's security detail, a GOP staffer, and a Tyson Foods lobbyist. “He was hunting us at that point,” Rep. Mike Bishop (R-MI) said of the shooter, who attempted to murder as many people as he could while standing with his rifle behind the dugout. Buffalo Police on scene at a Tops Friendly Market on May 14, 2022 in Buffalo, New York. At least 10 people were killed after a mass shooting at the store with the shooter in police custody. (Photo by John Normile/Getty Images) The shooter died after engaging the police in a shootout. He was James T. Hodgkinson, a 66-year-old hard-core Democrat who — less than six months into the Trump presidency — had sought to kill GOP lawmakers based on his belief that Republicans were corrupt traitors, fascists, and Kremlin agents. The writings he left behind permitted little doubt that he was driven to kill by the relentless messaging he heard from his favorite cable host, MSNBC's Rachel Maddow, and other virulently anti-Trump pundits, about the evils of the GOP. Indeed, immediately after arriving at the softball field, he asked several witnesses whether the people gathered "were Republicans or Democrats.” A CNN examination of his life revealed that “Hodgkinson's online presence was largely defined by his politics.” In particular, “his public Facebook posts date back to 2012 and are nearly all about his support for liberal politics.” He was particularly "passionate about tax hikes on the rich and universal health care.” NBC News explained that “when he got angry about politics, it was often directed against Republicans,” and acknowledged that “Hodgkinson said his favorite TV program was 'The Rachel Maddow Show' on MSNBC.” Indeed, his media diet was a non-stop barrage of vehement animosity toward Republicans: "His favorite television shows were listed as 'Real Time with Bill Maher;' 'The Rachel Maddow Show;' 'Democracy Now!’ and other left-leaning programs.” On the Senate floor, Sen. Bernie Sanders (I-VT) divulged that Hodgkinson was an ardent supporter of his and had even “apparently volunteered” for his campaign. A Sanders supporter told The Washington Post that “he campaigned for Bernie Sanders with Hodgkinson in Iowa.” The mass-shooter had a particular fondness for Maddow's nightly MSNBC show. In his many Letters to the Editor sent to the Belleville News-Democrat, reported New York Magazine, he “expressed support for President Obama, and declared his love for The Rachel Maddow Show". In one letter he heralded Maddow's nightly program as "one of my favorite TV shows.” While consuming this strident and increasingly rage-driven Trump-era, anti-GOP media diet, Hodgkinson “joined several anti-GOP Facebook groups, including ‘Terminate The Republican Party’; 'The Road to Hell Is Paved With Republicans’;, and 'Join The Resistance Worldwide!!'" Two of his consuming beliefs were that Trump-era Republicans were traitors to the United States and fascist white nationalists. In 2015, he had posted a cartoon depicting Scalise — the man he came very close to murdering — as speaking at a gathering of the KKK. Once Trump was inaugurated in early 2017, the mass shooter's online messaging began increasingly mirroring the more extreme anti-Trump and anti-GOP voices that did not just condemn the GOP's ideology but depicted them as grave threats to the Republic. In a March 22 Facebook post, Hodgkinson wrote: “Trump is a Traitor. Trump Has Destroyed Our Democracy. It's Time to Destroy Trump & Co." In February, he posted: “Republicans are the Taliban of the USA.” In one Facebook post just days before his shooting spree, Hodgkinson wrote: “I Want to Say Mr. President, for being an ass hole you are Truly the Biggest Ass Hole We Have Ever Had in the Oval Office.” As NBC News put it: “Hodgkinson’s Facebook postings portray him as stridently anti-Republican and anti-Trump.” Despite the fact that Hodgkinson was a fanatical fan of Maddow, Democracy Now host Amy Goodman, and Sanders, that the ideas and ideology motivating his shooting spree perfectly matched — and were likely shaped by — liberals of that cohort, and that the enemies whom he sought to kill were also the enemies of Maddow and her liberal comrades, nobody rational or decent sought to blame the MSNBC host, the Vermont Senator or anyone else whose political views matched Hodgkinson's for the grotesque violence he unleashed. The reason for that is clear and indisputable: as strident and extremist as she is, Maddow has never once encouraged any of her followers to engage in violence to advance her ideology, nor has she even hinted that a mass murder of the Republican traitors, fascists and Kremlin agents about whom she rants on a nightly basis to millions of people is a just solution. It would be madness to try to assign moral or political blame to them. If we were to create a framework in which prominent people were held responsible for any violence carried out in the name of an ideology they advocate, then nobody would be safe, given that all ideologies have their misfits, psychopaths, unhinged personality types, and extremists. And thus there was little to no attempt to hold Maddow or Sanders responsible for the violent acts of one of their most loyal adherents. The same is true of the spate of mass shootings and killings by self-described black nationalists over the last several years. Back in 2017, the left-wing group Southern Poverty Law Center (SPLC) warned of the “Return of the Violent Black Nationalist.” In one incident, “Micah Xavier Johnson ambushed Dallas police officers during a peaceful protest against police brutality, killing five officers and wounding nine others.” Then, “ten days later, Gavin Eugene Long shot six officers, killing three, in Baton Rouge, Louisiana.” They shared the same ideology, one which drove their murderous spree: Both Johnson and Long were reportedly motivated by their strong dislike of law enforcement, grievances against perceived white dominance, and the recent fatal police shootings of unarmed black men under questionable circumstances, specifically the shooting deaths of Alton Sterling of Baton Rouge and Philando Castile in Falcon Heights, Minnesota . . . Needless to say, the ideas that motivated these two black nationalists to murder multiple people, including police officers, is part of a core ideology that is commonly heard in mainstream media venues, expressed by many if not most of the nation's most prominent liberals. Depicting the police as a white supremacist force eager to kill black people, “grievances against perceived white dominance,” and anger over “the white supremacism endemic in America’s system of governance from the country’s founding” are views that one routinely hears on MSNBC, CNN, from Democratic Party politicians, and in the op-ed pages of The New York Times and The Washington Post. Yet virtually nobody sought to blame Chris Hayes, Joy Reid, Nancy Pelosi, Jamelle Bouie or New York Times op-ed writers for these shooting sprees. Indeed, no blame was assigned to anti-police liberal pundits whose view of American history is exactly the same as that of these two killers — even though they purposely sought to murder the same enemies whom those prominent liberals target. Nobody blamed those anti-police liberals for the same reason they did not blame Maddow and Sanders for Hodgkinson's shooting spree: there is a fundamental and necessary distinction between people who use words to express ideas and demonize perceived enemies, and those who decide to go randomly and indiscriminately murder in the name of that ideology. Since that 2017 warning from the SPLC, there have been many more murders in the name of this anti-police and anti-white-supremacist ideology of black nationalism. In June of last year, the ADL said it had “linked Othal Toreyanne Resheen Wallace, the man arrested and accused of fatally shooting Daytona Beach Officer Jason Raynor on June 23, to several extremist groups preaching Black nationalism." He had “participated in several events organized by the NFAC…best known for holding armed marches protesting racial inequality and police brutality.” He had a long history of citing and following prominent radical Black anti-police and anti-White ideologues." Also in June of last year, a 25-year-old man named Noah Green drove a car into a Capitol Hill Police Officer, killing him instantly. The New York Times reported that he follows black nationalist groups, while a former college teammate “recalled that Mr. Green would often talk to fellow players about strategies to save and invest, emphasizing the need to close the wealth gap between white and Black America.” Just last month, a self-identified black nationalist named Frank James went on a terrifying shooting spree in the New York City subway system that injured dozens. He had “posted material on social media linked to black identity extremist ideologies, including the Nation of Islam, Black Panthers, Black Liberation Army, BLM and an image of black nationalist cop-killer Micah Johnson.” Angie Speaks, the brilliant writer who voices the audio version of the articles for this Substack, reported in Newsweek that James had “posted prolifically on social media and hosted a YouTube channel where he expressed Black Nationalist leanings and racial grievances." In 2019, The New York Times reported that “an assailant involved in the prolonged firefight in Jersey City, N.J., that left six people dead, including one police officer, was linked on Wednesday to the Black Hebrew Israelite movement,” and had written “anti-police posts.” Most media outlets and liberal politicians correctly refused to assign blame to pundits and politicians who spew anti-police rhetoric, or who insist that the U.S. is a nation of white supremacy: the animating ideas of these murders. Yet in these cases, they go much further with their denialism: many deny that this ideology even exists at all. “The made-up 'Black Identity Extremist' label is the latest example in a history of harassing and discrediting Black activists who dare to use their voices to call out white supremacy,” claimed the ACLU in 2019. PBS quoted a lawyer for an advocacy group as saying: “We're deeply concerned about the FBI's 'black identity extremist' designation. This is mere distraction from the very real threat of white supremacy...There is no such thing as black identity extremism.” The same year, The Intercept published an article headlined “The Strange Tale of the FBI’s Fictional ‘Black Identity Extremism' Movement,” which claimed over and over that there is no such thing as black extremism and that any attempt to ascribe violence to this ideology is a lie invented by those seeking to hide the dangers of white supremacy. It is virtually impossible to find any ideology on any part of the political spectrum that has not spawned senseless violence and mass murder by adherents. “The suspected killer of Dutch maverick politician Pim Fortuyn had environmentalist propaganda and ammunition at his home,” reported CBS News about the assassin, Volkert van der Graaf. Van der Graaf was a passionate animal rights and environmental activist who admitted “he killed the controversial right-wing leader because he considered him a danger to society.” Van der Graaf was particularly angry about what he believed was Fortuyn's anti-Muslim rhetoric. As a result, “some supporters of Fortuyn had blamed Green party leader Paul Rosenmoeller for "demonizing Fortuyn before he was gunned down in May just before general elections.” In other words, simply because the Green Party leader was highly critical of Fortuyn's ideology, some opportunistic Dutch politicians sought absurdly to blame him for Fortuyn's murder by Van der Graaf. Sound familiar? During the BLM and Antifa protests and riots of 2020, an Antifa supporter, Michael Reinoehl, was the leading suspect in the murder of a Trump supporter, Aaron J. Danielson, as he rode in a truck (Reinoehl himself was then killed by federal agents before being arrested in what appeared to be a deliberate extra-judicial execution, though an investigation cleared them of wrongdoing, as typically happens when federal agents are involved). In 2016, The New York Times reported that “the heavily armed sniper who gunned down police officers in downtown Dallas, leaving five of them dead, specifically set out to kill as many white officers as he could, officials said Friday.” The Paper of Record noted that many believed that anti-police protests would eventually lead to violent attacks on police officers: it “was the kind of retaliatory violence that people have feared through two years of protests around the country against deaths in police custody.” Then there are the murders carried out in the name of various religions. For the last three decades at least, debates have been raging about what level of responsibility, if any, should be assigned to radical Muslim preachers or Muslim politicians when individuals carry out atrocities and murders in the name of Islam. Liberals insist — correctly, in my view — that it is irresponsible and unfair to blame non-violent Muslims who preach radical versions of religious or political Islam for those who carry out violence in the name of those doctrines. Similar debates are heard with regard to Jewish extremists, such as the Israeli-American doctor Baruch Goldstein who “opened fire in the Cave of the Patriarchs in Hebron, killing 29 Muslim worshippers.” Many insist that the radical anti-Muslim speech of Israeli extremists is to blame, while others deny that there is any such thing as “Jewish terrorism” and that all blames lies solely with the individual who decided to resort to violence. To be sure, there have been a large number of murders and other atrocities carried out in U.S. and the West generally in the name of right-wing ideologies, in the name of white supremacy, in the name of white nationalism. The difference, though, is glaring: when murders are carried out in the name of liberal ideology, there is a rational and restrained refusal to blame liberal pundits and politicians who advocate the ideology that animated those killings. Yet when killings are carried out in the name of right-wing ideologies despised by the corporate press and mainstream pundits (or ideologies that they falsely associate with conservatism), they instantly leap to lay blame at the feet of their conservative political opponents who, despite never having advocated or even implied the need for violence, are nonetheless accused of bearing guilt for the violence — often before anything is known about the killers or their motives. In general, it is widely understood that liberal pundits and politicians are not to blame, at all, when murders are carried out in the name of the causes they support or against the enemies they routinely condemn. That is because, in such cases, we apply the rational framework that someone who does not advocate violence is not responsible for the violent acts of one's followers and fans who kill in the name of that person's ideas. Indeed, this perfectly sensible principle was enshrined by the U.S. Supreme Court in the landmark 1982 unanimous free speech ruling in Claiborne v. NAACP. That case arose out of efforts by the State of Mississippi to hold leaders of the local NAACP chapter legally liable for violence carried out by NAACP members on the ground that the leaders’ inflammatory and rage-driven speeches had “incited” and “provoked” their followers to burn white-owned stores and other stores ignoring their boycott to the ground. In ruling in favor of the NAACP, the Court stressed the crucial difference between those who peacefully advocate ideas and ideologies, even if they do so with virulence and anger (such as NAACP leaders), and those who are “inspired” by those speeches to commit violence to advance that cause. “To impose liability without a finding that the NAACP authorized — either actually or apparently — or ratified unlawful conduct would impermissibly burden the rights of political association that are protected by the First Amendment,” ruled the Court. This principle is not only a jurisprudential or constitutional one. It is also a rational one. Those who express ideas without advocating violence are not and cannot fairly be held responsible for those who decide to pick up arms in the name of those ideas, even if — as in the case of James Hodgkinson — we know for certain that the murderer listened closely to and was influenced by people like Rachel Maddow and Bernie Sanders. In such cases, we understand that it is madness, and deeply unfair, to exploit heinous murders to lay blame for the violence and killings on the doorsteps of our political adversaries. But when a revolting murder spree is carried out in the name of right-wing ideas (or ideas perceived by the corporate press to be right-wing), everything changes — instantly and completely. In such cases, often before anything is known about the murderer — indeed, literally before the corpses are even removed from the ground where they lie — there is a coordinated effort to declare that anyone who holds any views in common with the murderer has “blood on their hands” and is essentially a co-conspirator in the massacre. A very vivid and particularly gruesome display of this demented game was on display on Saturday night after a white 18-year-old, Payton Gendron, purposely targeted a part of Buffalo with a substantial black population. He entered a supermarket he knew was frequented largely by black customers and shot everyone he found, killing 10 people, most of them black. A lengthy, 180-page manifesto he left behind was filled with a wide variety of eclectic political views and ideologies. In that manifesto, Gendron described himself as a "left-wing authoritarian” and “populist” (“On the political compass I fall in the mild-moderate authoritarian left category, and I would prefer to be called a populist”). He heaped praise on an article in the socialist magazine Jacobin for its view that cryptocurrency and Bitcoin are fraudulent scams. He spoke passionately of the centrality and necessity of environmentalism, and lamented that “the state [has] long since heavily lost to its corporate backers.” He ranted against “corporate profits and the ever increasing wealth of the 1% that exploit the people for their own benefit.” And he not only vehemently rejected any admiration for political conservatism but made clear that he viewed it as an enemy to his agenda: “conservatism is corporatism in disguise, I want no part of it.” But by far the overarching and dominant theme of his worldview — the ideology that he repeatedly emphasized was the animating cause of his murder spree — was his anger and fear that white people, which he defines as those of European descent, were being eradicated by a combination of low birth rates and mass immigration. He repeatedly self-identified as a "racist” and expressed admiration for fascism as a solution. His treatise borrowed heavily from, and at times outright plagiarized, large sections of the manifesto left behind by Brenton Tarrant, the 29-year-old Australian who in 2019 murdered 51 people, mostly Muslims, at two mosques in New Zealand. Gendron's manifesto included a long list of websites and individuals who influenced his thinking, but made clear that it was Tarrant who was his primary inspiration. Other than extensive anti-Semitic sections which insisted that Jews are behind most of the world's powerful institutions and accompanying problems, it was Tarrant's deep concern about what he perceived is the disappearance of white people that was also Gendron's principal cause: If there’s one thing I want you to get from these writings, it’s that White birth rates must change. Everyday the White population becomes fewer in number. To maintain a population the people must achieve a birth rate that reaches replacement fertility levels, in the western world that is about 2.06 births per woman…. In 2050, despite the ongoing effect of sub-replacement fertility, the population figures show that the population does not decrease inline with the sub-replacement fertility levels, but actually maintains and, even in many White nations, rapidly increases. All through immigration. This is ethnic replacement. This is cultural replacement. This is racial replacement. This is WHITE GENOCIDE. Within literally an hour of the news of this murder spree in Buffalo — far too little time for anyone to have even carefully read all or most of Gendron's manifesto, and with very little known about his life or activities — much of the corporate press and liberal pundit class united to reveal the real culprit, the actual guilty party, behind this murder spree: Fox News host Tucker Carlson. So immediate and unified was this guilty verdict of mob justice that Carlson's name trended all night on Twitter along with Buffalo and Gendron. Twitter trending topics, May 14, 2022 The examples of liberal pundits instantly blaming Carlson for this murder are far too numerous to comprehensively cite. “Literally everyone warned Fox News and Tucker Carlson that this would happen and they fucking laughed and went harder,” decreed Andrew Lawrence of the incomparably sleazy and dishonest group Media Matters, spawned by ultimate sleaze-merchant David Brock. “The Buffalo shooter… subscribed to the Great Replacement theory touted by conservative elites like Tucker Carlson and believed by nearly half of GOP voters,” claimed The Washington Post's Emmanuel Felton. “See if you can tell the difference between [Gerdon's manifesto on 'white Replacement’] and standard fare on the Tucker Carlson show,” said Georgetown Professor Don Moynihan. “The racist massacre in Buffalo rest [sic] at the feet of Donald Trump, Tucker Carlson, and the GOP,” decreed Hollywood's nepotism prince Rob Reiner. The shooter was inspired by “a white nationalist conspiracy theory that Tucker Carlson has defended on his show,” was the verdict of The Huffington Post's Philip Lewis less than six hours after the shooting spree began. And on and on. That Carlson was primarily responsible for the ten dead people in Buffalo was asserted despite the fact that there was no indication that Gendron even knew who Carlson was, that he had ever watched his show, that he was influenced by him in any way, or that he admired or even liked the Fox host. Indeed, in the long list of people and places which Gendron cited as important influences on him — “Brenton Tarrant, [El Paso shooter] Patrick Crusius, [California Jewish community center killer], John Earnest, [Norwegian mass murderer] Anders Breivik, [Charleston black church murderer] Dylann Roof, etc.” — nowhere does he even allude to let alone mention any Fox News host or Carlson. To the contrary, Gendron explicitly describes his contempt for political conservatism. In a section entitled “CONSERVATISM IS DEAD, THANK GOD,” he wrote: "Not a thing has been conserved other than corporate profits and the ever increasing wealth of the 1% that exploit the people for their own benefit. Conservatism is dead. Thank god. Now let us bury it and move on to something of worth.” In this hated of conservatism, he copied his hero Brenton Tarrant, who also wrote that “conservatism is corporatism in disguise, I want no part of it,” adding about conservatives: They don’t even BELIEVE in the race, they don’t even have the gall to say race exists. And above all they don’t even care if it does. It’s profit, and profit alone that drives them, all else is secondary. The notion of a racial future or destiny is as foreign to them as social responsibilities. So desperate and uncontrolled was this ghoulish attempt to blame Carlson for the Buffalo shootings that my email inbox and social media feeds were festering with various liberal pundits demanding to know why I had not yet manifested my views of this shooting — as though it is advisable or even possible to formulate definitive opinions about a complex mass murder spree that had just taken place less than five hours before. “Still working on your talking points to defend your buddy Tucker or are you holding off on trying out your deflections until the bodies get cold?,” wrote a pundit named Jonathan Katz at 6:46 pm ET on Saturday night in a highly representative demand — just four hours after the shooter fired his first shot. Demands to assert definitive opinions about who — other than the killer — is to blame for a mass murder spree just hours after it happened can be called many things; "journalistic” and "responsible” are not among them. As it happened, I was on an overnight international flight on Saturday and into Sunday morning; I deeply apologize for my failure to monitor and speak on Twitter twenty-four hours a day. But even if I had not been 40,000 feet in the air, what kind of primitive and despicably opportunistic mindset is required not only to opine so definitively about how your political opponents are guilty of a heinous crime before the corpses are even taken away, but to demand that everyone else do so as well? In fact, Katz was particularly adamant that I opine not just on the killings but on the list of pundits I thought should be declared guilty before, in his soulless words, “the bodies get cold” — meaning that I must speak out without bothering to take the time to try to understand the basic facts about the killer and the shootings before heaping blame on a wide range of people who had no apparent involvement. But this is exactly the morally sick and exploitative liberal mentality that drives the discourse each time one of these shooting sprees happen. Rachel Maddow had far more known connections to Scalise's shooter James Hodgkinson than Carlson has to Gendron. After all, as Maddow herself acknowledged, Hodgkinson was a fan of her show and had expressed his love and admiration for her. His animating views and ideology tracked hers perfectly, with essentially no deviation. And yet — despite this ample evidence that he was influenced by her — it would never occur to me to blame Maddow for Hodgkinson's shooting spree because doing so would be completely demented, since Maddow never told or suggested to anyone that they go out and shoot the political enemies she was depicting as traitors, Kremlin agents, plotters to overthrow American democracy and replace it with a fascist dictatorship, and grave menaces to civil rights and basic freedom. The attempt to blame Carlson for the Buffalo shootings depended entirely on one claim: Carlson has previously talked about and defended the view that immigration is a scheme to “replace” Americans, and this same view was central to Gendron's ideology. Again, even if this were true, it would amount to nothing more than a claim than the shooter shared key views with Carlson and other conservative pundits — exactly as Hodgkinson shared core views with Maddow and Sanders, or the numerous murderers who killed in the name of black nationalism shared the same views on the police and American history as any number of MSNBC hosts and Democratic Party politicians, or as Pim Fortuyn's killer shared core views with animal rights activists and defenders of Muslim equality (including me). But nobody is willing to apply such a framework consistently because it converts everyone with strong political views into murderers, or at least being guilty of inciting murder. But all bets are off — all such principles or moral and logical reasoning are dispensed with — when an act of violence can be pinned on the political enemies of liberals. If a homicidal maniac kills an abortion doctor, then all peaceful pro-life activists are blamed. If an LGBT citizen is killed, then anyone who shares the views that Barack Obama and Hillary Clinton had until 2012 about marriage equality is blamed. If a police officer unjustifiably kills a black citizen, all police supporters or those who dissent from liberal orthodoxy on racial politics are decreed guilty. But liberals are never at fault when right-wing politicians are murdered, or police officers are hunted and gunned down by police opponents, or an anti-abortion group is targeted with firebombing and arson, as just happened in Wisconsin, or radical Muslims engage in random acts of violence. By definition, "moral reasoning" that is applied only in one direction has nothing to do with morality and everything to do with crass, exploitative opportunism. Though it does not actually matter for purposes of assigning blame, it is utterly false to claim that Carlson's ideology — including on “replacement” — is the same as or even related to the views expressed by the killers in Buffalo or New Zealand. Indeed, in key respects, they are opposites. Both Tarrant and Gendron targeted citizens of the countries in which they carried out their murder spree. They justified doing so on the ground that any non-white citizen is automatically an "invader," regardless of how long they have been in the country or how much legal status they have. “It would have eased me if I knew all the blacks I would be killing were criminals or future criminals, but then I realized all black people are replacers just by existing in White countries,” Gendron wrote. To claim that Carlson ever said anything remotely like this or believes it is just an outright lie. Indeed, with great frequency, Carlson says that the priority of the U.S. Government should be protection of and concern for American citizens of all races. Tarrant and Gendron believe and explicitly say that any non-white citizen of a European country is automatically an “invader” who must be killed and/or deported to turn the country all-white. Carlson believes the exact opposite: that the proper citizenry of the United States is multi-racial and that Black Americans and Latin Americans and Asian-Americans are every bit as much U.S. citizens, with all of the same claims to rights and protections, as every other American citizen. His anti-immigration and "replacement” argument is aimed at the idea — one that had been long mainstream on the left until about a decade ago — that large, uncontrolled immigration harms American citizens who are already here. There is no racial hierarchy in Carlson's view of American citizenship and to claim that there is is nothing short of a defamatory lie. But even if these liberal smear artists were telling the truth, and Carlson's view of immigration and “replacement” were similar or even precisely identical to Gendron's, one could certainly say that Carlson holds immoral and despicable views. But he would still no more carry blame for the Buffalo murders than liberal pundits have blood on their hands for countless massacres carried out in the name of political causes they support and theories they espouse, whether it be animus toward the police or anti-imperialism or opposition to Israeli occupation of the West Bank or the belief that the United States is a fundamentally racist country or the view that the GOP is a fascist menace to all things decent. The distinction between peaceful advocacy even of noxious ideas and those who engage in violence in the name of such ideas is fundamental to notions of fairness, justice and the ability to speak freely. But if you really want to claim that a public figure has "blood on their hands" every time someone murders in the name of ideas and ideologies they support, then the list of people you should be accusing of murder is a very, very long one indeed. To support the independent journalism we are doing here, please subscribe, obtain a gift subscription for others and/or share the article Tyler Durden Sun, 05/15/2022 - 18:30.....»»

Category: smallbizSource: nytMay 15th, 2022

Multiple shootings on Water Street, near Deer District Friday night injure 21 people

About 21 people were injured Friday evening as a result of a string of shootings on North Water Street and near the Deer District in downtown Milwaukee, just hours after the ending of Milwaukee Bucks playoff game against the Boston Celtics, which drew a sell-out crowd of nearly 18,000 fans and thousands more packed the area around the arena......»»

Category: topSource: bizjournalsMay 14th, 2022

The Tucker Carlson origin story

Tucker Carlson's journey from prep school provocateur to Fox News flamethrower, according to his friends and former classmates. Tucker Carlson during a CNN National Town Meeting on coverage of the White House sex scandal, on January 28, 1998.Richard Ellis/Getty Images Tucker Carlson is remembered as a provocateur and gleeful contrarian by those who knew him in his early days. His bohemian artist mother abandoned her young family and cut Tucker and his brother out of her will. At a Rhode Island prep school and at Trinity College, classmates remember him as a skilled debater who could both amuse and infuriate his audiences. On Oct. 29, 1984, New York police killed an elderly Black woman named Eleanor Bumpurs in her own home. Bumpers, who lived in a public housing complex in the Bronx, had fallen four months behind on her rent. When officials from the city housing authority tried to evict her, she refused, and they called the police. Five officers responded by storming into her apartment. Bumpurs, who had a history of mental illness, grabbed a butcher knife as two officers pushed her against a wall with their plastic shields and a metal pole. A third officer fired two shots from his 12-gauge shotgun, striking Bumpurs in her hand and chest.Eleanor Bumpurs' death dominated the city's news for two months and led the NYPD to revise its guidelines for responding to emotionally disturbed individuals.At St. George's prep school, some 175 miles away in Rhode Island, the incident deeply haunted Richard Wayner. He was one of the school's few Black students and had grown up in a residential tower not far from where Bumpurs had lived. He earned straight As and was so admired that in 1984 his peers elected him senior prefect, the prep equivalent of student body president, making him the first Black class leader in the school's 125-year history. Harvard soon beckoned.Wayner was frustrated with how the St. George's community seemed to ignore the conversations about racial justice that were happening outside the cloistered confines of Aquidneck Island. It bothered Wayne that almost no one at St. George's seemed to know anything about Bumpurs' killing. "You had your crew, you put your head down, and you tried to get through three or four years of prep school with your psyche intact," Wayner said of those days.As senior prefect, one of the duties was to deliver an address each week at the mandatory Sunday chapel service. One Sunday, perched from the chapel podium, Wayner described the shooting as a sea of white faces stared back at him. He concluded with the words: "Does anyone think that woman deserved to die?"Near the front of the chapel, a single hand went up for a few brief seconds. It was Tucker Carlson.Eleanor Bumpurs was shot and killed by the New York Police Department on October 29, 1984APThen a sophomore, Tucker had a reputation as a gleeful contrarian – an indefatigable debater and verbal jouster who, according to some, could also be a bit of a jerk. "Tucker was just sort of fearless," said Ian Toll, a St. George's alumnus who would go on to be a military historian. "Whether it was a legitimate shooting may have been a point of debate but the fact was that Tucker was an underclassmen and the culture was to defer to the seniors." Wayner himself never saw Tucker's hand go up, and the two kept in touch over the years. (Note on style: Tucker Carlson and the members of his family are referred to here by their first names to avoid confusion.)  Four decades later, glimmers of that prep school provocateur appear on Tucker's Prime Time show on Fox, which garners an average of between 3 to 4 million viewers a night. His furrowed visage and spoiling-for-a-fight demeanor are all too familiar to those who have known him for decades. In the words of Roger Stone, a Republican political operative, frequent guest, and longtime friend of Tucker's: "Tucker Carlson is the single most influential conservative journalist in America… It is his courage and his willingness to talk about issues that no one else is willing to cover that has led to this development."Tucker's name has even been floated as a possible Republican presidential candidate in 2024. "I mean, I guess if, like, I was the last person on earth, I could do it. But, I mean, it seems pretty unlikely that I would be that guy." he said on the "Ruthless" podcast in June, dismissing this possibility.Tucker's four decades in Washington, and his transition from conservative magazine writer to right-wing television pundit, have been well documented. But less well known are his early years and how they shaped him: his bohemian artist mother, who abandoned her young family and cut Tucker and his brother out of her will; the Rhode Island prep school where he met his future spouse; and his formation into a contrarian debater who could both amuse and infuriate his audience with his attention-getting tactics.Tucker declined to participate in an interview with Insider, saying in a statement. "Your level of interest in the boring details of my life is creepy as hell, and also pathetic," he wrote. "You owe it to yourself and the country to do something useful with your talents. Please reassess."California roots Tucker Carlson's West Coast roots burrow as deep as a giant redwood. He was born in San Francisco in May 1969 as the excesses of the Sixties peaked and the conservative backlash to the counterculture and the Civil Rights movement started to take shape. Tucker's mother, Lisa McNear Lombardi, born in San Francisco in 1945, came from one of the state's storied frontier families. Lisa's mother, Mary Nickel James, was a cattle baron heiress. Her great-great-grandfather had owned 3 million acres of ranchland, making him among the largest landowners west of the Mississippi. Her father Oliver Lombardi was an insurance broker and descendant of Italian-speaking Swiss immigrants. Lisa enrolled at UC Berkeley, where she majored in architecture. She met Richard Carlson, a San Francisco TV journalist from a considerably less prosperous background, while still in college. Lisa and Richard eloped in Reno, Nevada in 1967. The couple didn't notify Lisa's mother, who was traveling in Europe with her new husband at the time. "Family members have been unable to locate them to reveal the nuptials," a gossip item published in the San Francisco Examiner dished.Tucker arrived two years later. A second son, Buckley, was born two years after that. As Richard's career began to flourish, the family moved first to Los Angeles and then, in 1975, to La Jolla, a moneyed, beach-front enclave about 12 miles north of San Diego. When Lisa and Richard divorced a year later, in 1976, Richard got full custody of their sons, then 6 and 4. According to three of Tucker's childhood classmates, Lisa disappeared from her sons' lives. They don't recall Tucker talking about her, or seeing her at school events. Marc Sterne, Tucker's boarding school roommate who went on to be executive producer of the Tony Kornheiser Show, says the two didn't talk much about Tucker's relationship with his mother and he got the impression that Tucker and Richard were exceptionally close. When Sterne's own parents split up that year, he said Tucker was supportive and understanding. Lisa spent the next two decades as an artist – moving first to Los Angeles, where she befriended the painter David Hockney, and later split her time between France and South Carolina with her husband, British painter Michael Vaughan. In 1979, Richard Carlson married Patricia Swanson, heiress to the Swanson frozen foods empire that perfected the frozen Salisbury steak for hassle-free dinners. She soon legally adopted Tucker and Buckley.  When Lisa died in 2011, her estate was initially divided equally between Tucker, his brother Buckley, and Vaughan. But in 2013, Vaughan's daughter from another marriage found a one-page handwritten document in Lisa's art studio in France that left her assets to her surviving husband with an addendum that stated, "I leave my sons Tucker Swanson McNear Carlson and Buckley Swanson Peck Carlson one dollar each." A protracted battle over Lombardi's estate involving Vaughan and the Carlson brothers wound up in probate court. The Carlsons asserted the will was forged but a forensic witness determined that Lisa had written the note. The case eventually went to the California Appellate Court, which allowed the Carlson brothers to keep their shares in 2019."Lisa was basically sort of a hippie and a free spirit," said one attorney who  represented the Vaughan family and recalled having conversations about the case. "She was very liberal and she did not agree with Tucker's politics. But she stuck the will in the book, everyone forgot about it, and then she passed away."In a 2017 interview with The New Yorker, Tucker described the dissolution of his family as a "totally bizarre situation — which I never talk about, because it was actually not really part of my life at all." Several pieces of art produced by Tucker's mother, Lisa Lombardi, and her then-partner Mo Mcdermott in the home of a California collector.Ted Soqui for InsiderLisa When Lisa left her husband and two young sons, she was escaping suburban family life in favor of the more bohemian existence as an artist. One of Tucker and Buckley's former teachers said their mother's absence "left some sour grapes." "I felt they sided with the father," Rusty Rushton, a former St. George's English teacher said. After the divorce, Lisa returned to Los Angeles and tried to break into the city's thriving contemporary art scene. She befriended Mo McDermott, an LA-based British sculptor, model, and longtime assistant to David Hockney, one of the most influential artists of the 20th century. A few years before he met Lisa, the scene was captured in Jack Hazan's 1974 groundbreaking documentary "A Bigger Splash," which followed Hockney and his coterie of gay male friends idly lounging around the pool in his Hollywood Hills home."When love goes wrong, there's more than two people who suffer," said McDermott, playing a slightly exaggerated version of himself, in a voiceover in the documentary.Lisa and McDermott became a couple and Lisa won admission into Hockney's entourage. Hockney lived a far more reclusive lifestyle than his pop art compatriot Andy Warhol but some four dozen or so artists, photographers, and writers regularly passed through his properties."She was more like a hippie, arty kind of person. I couldn't ever imagine her being a mother," said Joan Quinn, the then-West Coast editor of Andy Warhol's Interview Magazine, who knew Lisa during those years and still owns several of her works. "She was very nervous all the time… She was ill-content."The pair were often seen at Hockney's Hollywood Hills home and at Friday night gallery openings on La Cienega Boulevard. They collaborated on playful, large-scale wood sculptures of animals, vegetables, and trees. A handful of their pieces could be seen around Hockney's hillside ranch."Hockney had me over to meet them. He wanted a gallery to handle their work," said Molly Barnes, who owns a gallery in West Hollywood and gave the pair shows in 1983 and 1984. "They were brilliant and David loved Mo. He thought they were the best artists around.""She was quiet and intellectual and somewhat withdrawn," Barnes said. "She had come from a lot of money and that reflected on her personality. She wasn't a snob in any way but she had the manners of a private school girl and someone who was fighting the establishment."A sculpture by Tucker's mother, Lisa Lombardi, and her then-partner Mo Mcdermott in the home of a California collector.Ted Soqui for InsiderNone of them recall Lisa discussing her two sons. McDermott died in 1988. After his death, Hockney discovered that McDermott had been stealing drawings from him and selling them. Hockney said the betrayal helped bring on a heart attack. "I believe I had a broken heart," Hockney told The Guardian in 1995. (Hockney did not answer multiple inquiries about Lisa or McDermott.)In 1987, Lisa met Vaughan, one of Hockney's peers in the British art scene known as the "Bradford Mafia." They married in February 1989 and for years afterward they lived in homes in the Pyrenees of southwest France and South Carolina's Sea Islands.Lisa continued to make art, primarily oversized, wooden sculptures of everyday household items like peeled lemons and dice, but she exhibited her work infrequently. She died of cancer in 2011, at which point Carlson was a decade into his media career and a regular contributor on Fox News. Richard In contrast to Lisa's privileged upbringing, Richard's childhood was full of loss. Richard's mother was a 15-year-old high school girl who had starved herself during her pregnancy, and he was born with a condition called rickets. Six weeks later, his mother left him at an orphanage in Boston called The Home for Little Wanderers. Richard's father, who was 18, tried to convince her to kidnap the infant and marry him, but she refused. He shot and killed himself two blocks from her home.A Massachusetts couple fostered Richard for two years until he was adopted by a wool broker and his wife, which he described in a 2009 reflection for the Washington Post. His adoptive parents died when he was still a teenager and Richard was sent to the Naval Academy Preparatory School. He later enlisted in the Marines and enrolled in an ROTC program at the University of Mississippi to pay for college.In 1962, Richard developed an itch for journalism while working as a cop in Ocean City, Maryland at the age of 21, and the future NBC political correspondent Catherine Mackin, helped him get a copy boy job at the Los Angeles Times. Richard moved to San Francisco three years later and his career blossomed. He started producing television news features with his friend, Lance Brisson, the son of actress Rosalind Russell. They filmed migrant farm workers in the Imperial Valley living in cardboard abodes in 110 degree weather, traipsed the Sierra Nevada mountains to visit a hermit, and covered the Zodiac Killer and Bay Area riots (during one demonstration in 1966, they sent television feeds from their car where they trapped for four hours  and a crowd roughed up Brisson, which required four stitches under his left eye). Another time, they rented a helicopter in search of a Soviet trawler but they had to jump into the Pacific Ocean when the chopper ran low on fuel near the shore and crashed.In 1969, Richard and Brisson co-wrote an article for Look Magazine that claimed San Francisco Mayor Joseph Alioto had mafia ties. Alioto sued the magazine's owner for libel and won a $350,000 judgment when a judge determined the article's allegations were made with "actual malice" and "reckless disregard for whether they were true or not." (Richard was not a defendant in the case and has stood by his story. Brisson declined an interview.)Richard moved back to Los Angeles to join KABC's investigative team two years later. One series of stories that delved into a three-wheeled sports car called the Dale and the fraudulent marketing practices of its founder, Geraldine Elizabeth Carmichael, won a Peabody award in 1975. The series also outed Carmichael as a transgender woman. (Richard's role in Carmichael's downfall was explored in the HBO documentary "The Lady and the Dale.") Soon after arriving as an anchor for KFMB-TV, San Diego's CBS affiliate, Richard ran a story revealing that tennis pro Renee Richards, who had just won a tournament at the La Jolla Tennis Club, was a transgender woman."I said, 'You can't do this. I am a private person,'" Richards, who years later would advise Caitlyn Jenner about her transition, urged the television journalist to drop his story, according to a 2015 interview. "His reply? 'Dr. Richards, you were a private person until you won that tournament yesterday.'" By the time he left the anchor chair in 1977 to take a public relations job with San Diego Savings and Loan, Richard had soured on journalism. "I have seen a lot of arrogance and hypocrisy in the press and I don't like it," he told San Diego Magazine in 1977. "Television news is insipid, sophomoric, and superficial… There are so many things I think are important and interesting but the media can be counted on to do handstands on that kind of scandal and sexual sensation."Years later, Richard said that he never tried to encourage his eldest son in politics or journalism, but that Tucker had a clear interest in both from an early age. "I never thought he was going to be a reporter or a writer. I never encouraged him to do that," Richard told CSPAN of his eldest son in 2006. "I actually attempted not to encourage him politically, either. I decided those are the things that should be left up to them."A LaJolla, California post card.Found Image Holdings/Corbis via Getty ImagesA La Jolla childhoodAfter the divorce, Richard and his boys stayed in La Jolla in a house overlooking the La Jolla Beach and Tennis Club. Friends of Tucker's would later say that the trauma of their mother's absence brought the three of them closer together.  "They both really admired their dad. He was a great source of wisdom. He's one of the great raconteurs you'll ever meet. They loved that glow that came from him," said Sterne, Tucker's boarding school roommate. "They both looked up to him, it was clear from my eyes."In an essay included in his book "The Long Slide: Thirty Years in American Journalism," Tucker described Richard as a kind parent who imbued family outings with a deeper message.One of Tucker's earliest memories, he writes, was from just after the divorce, when Tucker was seven and Buckley was five: the brothers gripping the edge of a luggage rack on the roof of his family's 1976 Ford Country Squire station wagon, while their father gunned the engine down a dirt road."I've sometimes wondered what car surfing was meant to teach us," Tucker wrote. "Was he trying to instill in us a proper sense of fatalism, the acknowledgement that there is only so much in life you can control? Or was it a lesson about the importance of risk?... Unless you're willing to ride the roof of a speeding station wagon, in other words, you're probably not going to leave your mark on the world."More often, the boys were left unsupervised and found their own trouble. Tucker once took a supermarket shopping cart and raced it down a hill in front of their house with Buckley in its basket. The cart tipped over, leaving Buckley with a bloody nose. He also recalled building makeshift hand grenades with hydrochloric acid and aluminum foil – using a recipe from their father's copy of "The Anarchist Cookbook"  and tossing them onto a nearby golf course."No one I know had a father like mine," Tucker wrote. "My father was funnier and more outrageous, more creative  and less willing to conform, than anyone I knew or have known since. My brother and I had the best time growing up."Richard sent Tucker to La Jolla Country Day, an upscale, largely white private school with a reputation as one of the best in Southern California, for elementary and middle school. In his book, "Ship of Fools: How a Selfish Ruling Class Is Bringing America to the Brink of Revolution," Tucker described his first grade teacher Marianna Raymond as "a living parody of earth-mother liberalism" who "wore long Indian-print skirts," and sobbed at her desk over the world's unfairness. "As a conservative, I had contempt for the whiny mawkishness of liberals. Stop blubbering and teach us to read. That was my position," he wrote. "Mrs. Raymond never did teach us; my father had to hire a tutor to get me through phonics.""I beg to differ," Raymond countered in an interview, saying that she was also Tucker's tutor during the summer after first grade and was even hired again. "I'm a great teacher. I'm sure he liked me." For her part, she remembered Tucker as a fair-haired tot who was "very sweet" and "very polite." (When The Washington Post reached out her her, she said Carlson's characterization had been "shocking.")  Friends from La Jolla remember that Tucker loved swimming the mile-and-a-half distance between La Jolla Shores Park and La Jolla Cove, jumping off cliffs that jut out into the Pacific Ocean, riffing on the drums, and playing Atari and BB gun games at the mall with his friends. "He was a happy kid. We were young, so we used to go to the beach. We did normal kid stuff," said Richard Borkum, a friend who is now a San Diego-based attorney. When they weren't at the beach or the mall, Borkum and another friend, Javier Susteata, would hang out at the Carlson home listening to The Who, AC/DC, and other classic rock bands. Borkum said the adults at the Carlson household largely left them alone. "I'm Jewish and Javier was Mexican and I'm not sure they were too happy we were going to their house," Borkum said.Another friend, Warren Barrett, remembers jamming with Tucker and going snow camping at Big Bear and snorkeling off Catalina Island with him in middle school."Tucker and I literally ate lunch together every day for two years," Barrett said. "He was completely the opposite of now. He was a cool southern California surfer kid. He was the nicest guy, played drums, and had a bunch of friends. And then something must have happened in his life that turned him into this evil diabolical shithead he is today."LaJolla is a upscale beach community outside of San Diego. Carlson and his family moved their in 1975.Slim Aarons/Hulton Archive/Getty ImagesSan Diego's next mayorRichard, meanwhile, was exploring a second career in public service. By 1980, he had risen to vice president of a bank headed by Gordon Luce, a California Republican power broker and former Reagan cabinet official. The following year, Richard's public profile got a boost when he tangled with another veteran television journalist, CBS's Mike Wallace. The 60 Minutes star had interviewed Richard for a story about low-income Californians who faced foreclosures from the bank after borrowing money to buy air conditioners without realizing they put their homes up for collateral. Richard had his own film crew tape the interview, and caught Wallace saying that people who had been defrauded were "probably too busy eating their watermelon and tacos." The remark made national headlines and Wallace was forced to apologize.Pete Wilson, the U.S. Senator and former San Diego mayor, encouraged Richard to run for office. In 1984, Richard entered the race to challenge San Diego Mayor Roger Hedgecock's re-election. "He was a very well-regarded guy," Hedgecock told Insider. "He had an almost Walter Cronkite-like appearance, but because he was in local news he was all about not offending anybody. He didn't have particularly strong views. He was nice looking, articulate, and made good appearances, but what he had to say was not particularly memorable other than he wanted me out of office."Sometimes Tucker tagged along for campaign events. "He would always show up in a sport coat, slacks and a bowtie and I thought that's really nice clothing for someone who is a kid," Hedgecock remembers. He was a very polite young man who didn't say much."Five days before voters went to the polls, Hedgecock went on trial for 15 counts of conspiracy and perjury, an issue that Richard highlighted in his television campaign ads. Richard still lost to Hedgecock 58 to 42 percent despite pouring nearly $800,000 into the race and outspending Hedgecock two to one. (Hedgecock was found guilty of violating campaign finance laws and resigned from office in 1985 but his convictions were overturned on appeal five years later.)People are seen near a beach in La Jolla, California, on April 15, 2020.Gregory Bull/AP PhotoPrep school In the fall of 1983, a teenaged Tucker traded one idyllic beachfront community for another.At 14, Tucker moved across the country to Middletown, Rhode Island, to attend St. George's School. (Buckley would follow him two years later.) The 125-year-old boarding school sits atop a hill overlooking the majestic Atlantic Ocean, and is on the other side of Aquidneck Island where Richard Carlson went to naval school. The private school was known as a repository for children of wealthy East Coast families who were not as academically inclined as those who attended Exeter or Andover. Its campus had dorms named after titans of industry, verdant athletic fields, and a white-sand beach.Senators Claiborne Pell and Prescott Bush graduated, as did Vermont Gov. Howard Dean, and poet Ogden Nash. Tucker's class included "Modern Family" actor Julie Bowen; Dede Gardner, the two-time Oscar-winning producer of "12 Years a Slave" and "Moonlight"; and former DC Entertainment president Diane Nelson. Billy Bush – "Extra" host, and cousin to George W. Bush – was three years behind him.Tuition at St. George's cost $13,000 per year in the 1980s (it's now up to $67,000 for boarding school students) and student schedules were tightly regimented with breakfast, classes, athletics, dinner, and study hall encompassing each day. Students were required to take religion classes, and attend chapel twice a week. Faculty and staff would canvass the dorms on Thursdays and Sundays to ensure no one skipped the Episcopal service. Tucker impressed his new chums as an hyper-articulate merrymaker who frequently challenged upperclassmen who enforced dorm rules and the school's liberal faculty members."He was kind of a California surfer kid. He was funny, very intelligent, and genuinely well-liked," said Bryce Traister, who was one year ahead of Tucker and is now a professor at the University of British Columbia. "There were people who didn't like Tucker because they thought he was a bullshitter but he was very charming. He was a rascal and a fast-talker, as full of shit as he is today."Back then Tucker was an iconoclast more in the mold of Ferris Bueller than preppy neocon Alex P. Keaton, even if his wardrobe resembled the "Family Ties" star. Students were required to wear jackets, ties, and khakis, although most came to class disheveled. Tucker wore well-tailored coats and chinos, pairing his outfit with a ribbon-banded watch and colorful bowtie which would later become his signature. "He was always a very sharp dresser. He had a great rack of ties. He always knew how to tie a bowtie but he didn't exclusively wear a bowtie," said Sterne, Tucker's freshman year roommate. "He always had great clothes. It was a lot of Brooks Brothers." Their crew crew held court in each others' dorm rooms at Auchincloss, the freshman hall, kicking around a Hacky Sack and playing soccer, talking about Adolph Huxley, George Orwell, and Hemingway, and dancing to Tom Petty, the Grateful Dead, and U2 on the campus lawn. Televisions weren't allowed so students listened to their Sony Walkman swapping cassette recordings of live concerts. Tucker introduced several bands to his friends."He loved classic rock and he was and still is a big fan of Jerry Garcia and the Grateful Dead," said Sterne, who saw a Dead show with Tucker at RFK Stadium in 1986.Sometimes the clique got slices at Aquidneck Pizza and played arcade games in town, hung out in history instructor William Schenck's office, and smoked pot and Marlborough Red cigarettes on a porch in the main building's common room that faced the ocean, according to multiple sources. When the school administrators banned smoking indoors the following year so they congregated behind the dumpster behind the dining hall. Vodka (often the brand Popov) mixed with Kool-Aid was the drink of choice and students stockpiled bottles under their beds.Tucker was an enthusiastic drinker, half a dozen classmates recall. In his book, "The Long Slide," Tucker credits Hunter S. Thompson's "Fear and Loathing in Las Vegas" for enticing him to try drugs in 10th grade, The experience gave him "double vision and a headache." By the time he got to college, Tucker writes, "I switched to beer."By the late 1990s Tucker stopped smoking. He eventually cut alcohol too in 2002 after drinking so much while covering George W. Bush in New Hampshire during the 2000 primary that he accidentally got on the wrong plane, according to a friend.Most of Tucker's fellow students remember him best as a skilled speaker."He was always eager to take the less palatable side of the argument and argue that side," said Mahlon Stewart, who attended prep school and college with Tucker and is now a geriatric specialist at Columbia University. "Back then it was comedic. I thought it was an act.""His confidence was just amazing. He could just put out some positions and be willing to argue anything no matter how outlandish," Keller Kimbrough, a former classmate who's now a professor at the University of Colorado. "We were talking about politics and religion one time Tucker pulled this card out of his wallet and said, 'Well actually I'm an ordained minister, I'm an authority on the subject.' This was a stunt. He could literally play the religion card." "When he got the job at Fox I just thought 'Wow that's perfect for him, that's exactly what he can do.'"Their dorm room discourses were never serious. Tucker would pick a side in a debate between whether the color red or blue were better, and the crowd would erupt whenever he made a good point, friends said.  "Even at age 15 he was verbally dexterous and a great debater," Ian Toll said. "His conservative politics was fully formed even back then. He believed in strong defense and minimal government."His teachers saw a pupil who was primed for law school."Language and speaking came naturally to him. He took pleasure in it," said Rusty Rushton, Tucker's former English teacher. Tucker's politics, though, "seemed fluid to me," Rushton said. "I don't think of him as a deeply ensconced ideologue."He ditched soccer after sophomore year to act in a school theater production of Ayn Rand's courtroom thriller "Night of January 16th" (Julie Bowen starred as the prosecuting attorney. Tucker played a juror). But Tucker found his voice in competitive debate when he eventually joined the school's debate club. The team traveled to other private school campuses to compete against schools like Andover, Exeter, and Roxbury Latin in tournaments."He won some debate and basically did a victory lap afterward and got in the face of all the faculty there," one alum from a rival school who debated against Tucker said. "After defeating the student team, he started challenging the faculty, and said, 'Do any of you want to take me on? Are any of you capable of debating me?'"SusieIn the fall of Tucker's sophomore year, a new headmaster arrived at St. George's, Rev. George Andrews II. Andrews' daughter, Susie – who Tucker would eventually marry – was in Tucker's class. According to school tradition, a rotating group of underclassmen was charged with serving their classmates dinner and, one night in late September, Tucker and Susie had the shift at the same time. "They were sitting at a table at the far end of Queen Hall just leaning in, talking to each other," Sterne recalled. "You could see the sparks flying, which was cool."Susie floated between the school's friend groups easily. When she was seen mingling with Tucker, some questioned what she saw in him."People were saying, 'Come on Susie, why are you dating Tucker?' He's such a loser slacker and she was so sweet," Traister said. The pair started dating at the age of 15 and quickly became inseparable. Tucker gained notoriety on campus for repeatedly sneaking into Susie's room on the second floor of Memorial Schoolhouse, the school's stately administrative office that housed the headmaster's quarters. He had less time for his dumpster buddies now that the couple hung out on the campus lawn, attended chapel and an interdenominational campus ministry organization called FOCUS. His senior yearbook included a photo of Tucker squinting in concern to a classmate, with the caption "What do you mean you told Susie?While Susie was universally liked within the St. George's community, her father was polarizing.Andrews led the school during a turbulent period – it was later revealed – when its choirmaster Franklin Coleman was accused of abusing or having inappropriate conduct with at least 10 male students, according to an independent investigation by the law firm Foley Hoag in 2016. (Two attorneys representing several victims said 40 alumni contacted them with credible accounts of molestation and rape accusations at the hands of St. George's employees between 1974 and 2004 after a 2015 school-issued report detailed 26 accounts of abuse in the 1970s and 1980s. (Coleman was never criminally charged and he has not responded to Insider's attempts to reach him.) Over his eight-year tenure as school music director, from 1980 to 1988, Coleman invited groups of boys to his apartment for private parties. Sometimes he shared alcohol and pot with some of them, gave them back and neck rubs, showed pornographic videos, traveled with them on choral trips and stayed in their hotel rooms, and appeared nude around some of them, the report found. Several of Tucker's classmates and former faculty said they had no reason to believe he would have been aware of the accusations. "There were rumors circulating wildly that Coleman was bad news. The idea was he would cultivate relationships with young men," Ian Toll, a St. George's alum, said. "Anyone who was there at that time would have likely been aware of those rumors."Andrews told Foley Hoag investigators he was not aware of any complaints about Coleman until May 1988 (by then, Tucker had finished his freshman year in college) when school psychiatrist Peter Kosseff wrote a report detailing a firsthand account of misconduct. But Andrews acknowledged to investigators the school could have been aware of "prior questionable conduct" before then, the report said. Andrews fired Coleman in May 1988 after the school confronted Coleman with allegations of misconduct and he did not deny them. According to the investigation, Andrews told students Coleman resigned due to "emotional stress" and that he had the "highest regard and respect for him." On the advice of a school attorney, Andrews did not report the music teacher to child protective services. He also knew that his faculty dean wrote Coleman a letter of recommendation for a job at another school, according to investigators. Andrews left the school a few weeks after Coleman departed. By September 1989, he was named headmaster at St. Andrew's School in Boca Raton, Florida which he led for 18 years. (Andrews declined to speak about Tucker or his tenure at either school.) St. George's, meanwhile, reached an undisclosed settlement with up to 30 abuse survivors in 2016. Coleman found work as a choir director at Tampa Preparatory School in Tampa Bay, Florida before he retired in 2008. Tucker Carlson attended St. George’s School, a boarding school starting at age 14.Dina Rudick/The Boston Globe via Getty ImagesTrinity In the fall of 1987, Tucker enrolled at Trinity College in Hartford, CT, where Rev. Andrews had also attended.Nearly two-thirds of Trinity's student body back then originated from private schools and many came from wealthy backgrounds. Tuition in 1987 cost $11,700 plus an additional $3,720 for room and board—around $27,839 in today's dollars."When the Gulf War broke out" in 1990, one Trinity alum who knew Tucker recalled, "there was a big plywood sign in front of the student center that read, 'Blood for Oil,' and someone else threw a bucket of paint on it."The posh campus was situated in the middle of Hartford, Connecticut, the state's capital and one of its poorest cities. Discussions about race and inequality were sometimes at the forefront of campus politics, but many students avoided engaging in them entirely."There were issues about whether black students should only date other black students, that kind of thing," said Kathleen Werthman, a classmate of Tucker's who now works at a Florida nonprofit for people with disabilities. "My sophomore year, for new students, they had a speaker talking about racism, and one of the students said, 'I never met a black student, how are you supposed to talk to them?' And the idea that only white people can be racist was challenged too."Susie was at Vanderbilt in Nashville, Tennessee. His brother remained in Rhode Island and other prep school friends had fanned out across the East Coast. Tucker moved into a four-bedroom dormitory overlooking the main quad. One suitemate, Neil Patel, was an economics major from Massachusetts who played intramural softball. (They would co-found the Daily Caller together two decades years later.) Other roommates played on the varsity soccer team and they formed a tight-knit group."I remember being struck by him. He was the same way he is now," said Rev. Billy Cerveny, a college friend of Tucker's who's now a pastor at Redbird Nashville. "He was a force of nature. He had a sense of presence and gravitas. You might get into an argument with him, but you end up loving the guy."Tucker often went out of his way to amuse his friends. Once during the spring semester, several activists set up a podium and microphone beneath his dorm window to protest the CIA's on-campus recruitment visits. The demonstration was open-mic so Tucker went up to the stage and told the crowd of about 15 people, "I think you're all a bunch of greasy chicken fuckers.""I think people laughed. He did," Cerveny said. "There was always a small collection of people any time there was an issue who tried to stir the pot in that way. Some people were dismissive and other people loved it, thinking 'Oh we're getting a fight here.'"As a sophomore, Tucker and his friends moved into a dingy three-story house on Crescent Street on the edge of the campus. He ditched his tailored jackets, khakis, and bowties for oversized Levi jeans, t-shirts, and untucked oxford shirts. Tucker commandeered a low-ceilinged room above the front porch with so many windows he had to hang up tapestries to keep out the sun. The tiny alcove had barely enough space for an eight-foot futon and several bookshelves Tucker built himself stacked with books he collected. Friends remember Tucker receiving an 8-by-10 manilla envelope that his father sent through the mail once or twice a month containing dozens of articles from newspapers and magazines.One of Tucker's friends, Cerveny, remembered stopping by Richard's home in Washington, D.C. and finding evidence of his hobbies, including the world's second largest collection of walking sticks."His house was filled with rare canes he collected from all over the world," Cerveny said. "The hallways had really amazing rows of canes hung on hooks that were specially made to mount these things on the house. One used to be a functional shotgun, another one was made out of a giraffe. His dad would pull out newspaper clippings of WWII Navy aircraft carriers. It changed the way I thought about a lot of things. I had never seen anything like that. Who collects canes?"During sophomore year, Tucker's friends decided to rush Delta Phi, a well-to-do fraternity also known as St. Elmo's. The Greek scene had a large presence on campus — about 20 percent of men joined them even though Trinity was a liberal arts school — and St. Elmo's had a reputation as freewheeling scamps. Once a year, a St. Elmo's brother would ride his motorcycle naked through the campus cafeteria. (Faculty voted in 1992 to abolish Greek life saying they were sexist and racist, and school administrators instead forced fraternities to become co-ed.)But Tucker refused to come aboard. Some classmates thought it was because he didn't want to be hazed."Tucker was not a joiner like that," Mahlon Stewart said. "He wouldn't have set himself up for whatever humiliation would have been involved. He would not have put up with that." But Cerveny, who pledged the fraternity, said it was a matter of faith."I remember explicitly him saying 'Look, I want to focus on what my faith is about and I thought this would be a big distraction,'" Cerveny said. "But he was very much in the mix with us. When we moved to a fraternity house [on Broad Street], we asked him to live with us."Tucker occasionally dropped in on his friends' fraternity events and occasionally brought Susie when she visited or Buckley when he drifted into town. Other times they hung out at Baker's Cafe on New Britain Avenue. Mostly Tucker stayed in his room."He was basically a hermit. It wasn't like he was going to a ton of parties" one Trinity St. Elmo's brother said. "He was not a part of the organizational effort of throwing big parties, or encouraging me to join the fraternity." Susie, who didn't drink or smoke, was a moderating influence. "Tucker and Susie had their moral compass pointing north even back then," Sterne said. "Tucker's faith was not something he was focused on in his early years but when he met Susie and he became close to her family, that started to blossom and grow in him. Now it's a huge part of his life."By the time his crew moved to another house on Broad Street, they each acquired vintage motorcycles and tinkered with them in their garage. Tucker owned a 1968 flathead Harley Davidson that barely ran and relied on a red Jeep 4X4 to transport friends around town (the Volkswagen van he had freshman year blew up). He smoked Camel unfiltered cigarettes, sipped bourbon, and occasionally brewed beer in the basement, including a batch he named "Coal Porter," according to GQ.When he wasn't reading outside of his courses or tinkering with his carburetor, Tucker took classes in the humanities and ultimately majored in history. Tucker dabbled in other fields including Russian history, Jewish history, Women's Studies, and Religious Studies, sitting in the back of lecture halls with his friends. Ron Kiener, who taught an introductory level course in Judaism, recalled Tucker performing "poorly" but earning a credit. "He did not get a stellar grade from me," Kiener said. "Based on what he says now he surely didn't get very much out of my courses."But Leslie Desmangles, who led courses in Hinduism, Buddhism, and Myth, Rite, and Sacrament, said Tucker was engaged and likely did just enough to pass his courses even if he wasn't very studious or vocal in class discussions."He was interested in understanding the nature of religious belief and studying different cultures and religions but I'm not sure if he had an interest in diversity," Desmangles said. "He was genuinely interested in ritual since a lot of the Episcopal church is highly ritualistic."Tucker's fascination with religion extended to his extracurricular activities too. He and several friends joined Christian Fellowship, a Bible study group that met weekly and helped the school chaplain lead Sunday services. Some members even volunteered with ConnPIRG, a student advocacy group on hunger and environmental issues, and traveled to Washington D.C. to protest the Gulf War. But Tucker steered clear of campus activism. He spent his free time reading and seeing Blues Traveler, Widespread Panic, and Sting perform when they came through Connecticut. Sometimes he skipped school to follow his favorite band, the Grateful Dead, on tour.He took an interest in Central American politics too. At the end of freshman year, Tucker and Patel traveled to Nicaragua. "We did not have a place to stay or any set plans," Tucker told the Trinity Tripod, his college paper, in March 1990. "It was very spontaneous. We are both extremely political and we felt that getting to know the country and some of its citizens would give us a better perspective on the situation." In February 1990, Tucker returned with three friends to Managua for 10 days to observe Nicaragua's elections. The National Opposition Union's Violetta Chamoro, which was backed by the U.S. government, defeated the leftist Sandinista National Liberation Front Daniel Ortega who had been in power since 1979. A month later Tucker and his classmate Jennifer Barr, who was separately in Nicaragua to observe elections and distribute medical supplies to the Sandinistas, shared their perspectives about their visits to a small crowd at the Faculty Club for the school's Latin America Week. Tucker thought press coverage of the election was too left-leaning and criticized the media for skewing a conservative victory, according to Barr."I don't think it was necessarily true," Barr said. "He was dismissive [about my views]. I did get a sense that he believed in what he was saying, and it was very different from my experience and my understanding of the race."Tucker's stance on U.S. politics at the time was less didactic. As the 1992 presidential election loomed his senior year, Tucker touted the independent candidacy of Ross Perot, a Texas business magnate, to his friends although it did not appear that Tucker was an ardent supporter."Tucker would go on and on about how Ross Perot was the answer to this or that, as a joke, and every one would participate" one St. Elmo's brother said. "He liked the way Ross Perot was basically throwing a wrench into the system. He wasn't a serious Ross Perot proponent. He was cheering on somebody who was screwing up the system."In Tucker's college yearbook, below his tousle-haired, bowtie wearing thumbnail photo, was a list of his extra-curricular activities: "History; Christian Fellowship 1 2 3 4, Jesse Helms Foundation, Dan White Society." Neither of the latter two – named, respectively, after the ultra-conservative North Carolina Senator, and a San Francisco supervisor who assassinated Harvey Milk in 1978 – ever existed. Tucker admired Helms for being a "bull in the china shop" of Congress, one classmate said. Some friends believed Tucker slipped in the off-color references as a lark."It's like a joke you and a friend would put in a series of anagrams that only you and two friends would remember and no one else would," the St. Elmo's friend said. "It's so niche that only someone like Tucker is thinking things like that or would even know the name of the person who killed Harvey Milk. He paid attention to things like that."Others claimed Tucker was the victim of a prank."It would not at all surprise me if one of the other guys in the [fraternity] house filled it in for him, and not just an inside joke, but pegging him with something that he got grief for," another close friend said. Protesters rally against Fox News outside the Fox News headquarters at the News Corporation building, March 13, 2019 in New York City.Drew Angerer/Getty ImagesAn outsider among insidersBy the spring of 1991, Tucker's academic performance had caught up with him. He had accumulated a 1.9 grade point average and may have finished with a 2.1 GPA, according to one faculty member who viewed a copy of his transcript. Tucker would eventually graduate from Trinity a year late. Falling behind was not uncommon. About 80 percent of Trinity students completed their degrees in four years, according to Trinity College records. (A Trinity spokeswoman would not comment on Tucker's transcript due to FERPA laws, which protect student privacy.Tucker's post-collegiate plans fell through too. Tucker applied to the CIA that spring. The spy agency passed."He mentioned that he had applied and they rejected him because of his drug use," another college friend said, while declining to be named. "He was too honest on his application. I also probably should say I don't know whether he was telling the truth or not." Once the school year was over, Tucker and Neil Patel hit the road on a cross-country motorcycle ride. After that: Washington DC.  Tucker's family left Southern California for Georgetown after President Reagan named his father head of Voice of America. In June 1991, President George H.W. Bush appointed Richard ambassador to the Seychelles and the Carlson family upgraded to a nicer house in Georgetown with a pool in the basement. That summer, with Tucker's father and stepmother often out of town, the Carlson household was the center of Tucker's social lives, the place they retired to after a night drinking at Georgetown college dive bars like Charing Cross and Third Edition, and pubs like Martin's Tavern and The Tombs, immortalized in St. Elmo's Fire. In August, Tucker and Susie got married in St. George's chapel and held a reception at the Clambake Club of Newport, overlooking the Narragansett Bay. Back in Washington, Tucker's prep school, college, and his father's Washington-based networks began to mesh. Tucker took a $14,000-a-year job as an assistant editor and fact checker of Policy Review, a quarterly journal published at the time by the Heritage Foundation, the nation's leading conservative think tank. For the next three decades, Tucker thrived in the Beltway: He joined The Weekly Standard and wrote for several magazines before appearing on cable news networks as a right-of-center analyst and host at CNN, PBS, and MSNBC. His father embarked on a third career as a television executive where he ran the Corporation for Public Broadcasting and his brother became a political operative and a pollster. By the time Tucker reached the core of the conservative media sphere, a slot on Fox News's primetime opinion lineup, he shed friends from his youth who couldn't grapple with the hard-right turn he veered once he became the face of the network.One friend was not surprised with Tucker's act. In the spring of 2016, during the heat of Donald Trump's presidential campaign against Hilary Clinton and a few months before "Tucker Carlson Tonight" premiered on Fox, Tucker had lunch with his old prep school classmate Richard Wayner who made the speech about Eleanor Bumpurs all those years ago. Wayner believed Tucker's gesture from his pew was never serious. "As a 9th or 10th grader in a chapel full of people in a conversation, he was trying to get attention," Wayner said.The two stayed in touch over the years and Tucker at one point suggested he write a handful of pieces for the Daily Caller, the conservative news and opinion site that Tucker co-founded and ran in the 2010s. As they settled into their table at a Midtown Manhattan steakhouse, the two chatted about Wayner's experience on the board of St. George's (which Susie was about to join) and their respective careers. Tucker was floating around at Fox, and Wayner, now an investor and former Goldman Sachs investment banker, said the conversation drifted toward salaries."He was asking, 'How much do you make on Wall Street' and was like, 'Wow, Wall Street guys make a lot.'" Wayner said. When they left the restaurant and headed back toward the Fox News headquarters, several people recognized Tucker on the street even though he had jettisoned his trademark bowtie years ago. Wayner saw Tucker making the pragmatic decision to follow a business model that has made his conservative media counterparts a lot of money."I don't think he has a mission. I don't think he has a plan," Wayner said. "Where he is right now is about as great as whatever he thought he could be.""Tucker knows better. He does. He can get some attention, money, or both." he added. "To me, that's a shame. Because he knows better." Read the original article on Business Insider.....»»

Category: topSource: businessinsiderMay 5th, 2022

I ate like Warren Buffett for a week — and it was miserable

Coca-Cola galore, ice cream for breakfast, steak, and no vegetables. Here's what it's like to diet like Warren Buffett. Berkshire Hathaway CEO Warren BuffettRick Wilking/Reuters I ate like Warren Buffett for a week. Buffett does not eat very healthy. My body felt terrible by the end of the week. See more stories on Insider's business page. Warren Buffett is one of the most successful investors in history.He also has a really weird diet.Buffett's diet of sugary soda, junk food, and limited vegetables has reached legendary status.The Berkshire Hathaway CEO drinks about five cans of Coca-Cola products a day, constantly munches on See's Candies, and pours so much salt on his food that John Stumpf, the former Wells Fargo CEO, said watching Buffett dole it out was like a "snowstorm."Business Insider has tried various people's diets — from Elon Musk's to Tom Brady's — so back in 2017 I decided to take on Buffett's strange food tastes for one workweek to see what it was like.There were some basic ground rules — eat three meals a day, don't drink alcohol, and avoid vegetables.Overall, I just tried to maintain the general attitude by which the man himself defines his diet."I checked the actuarial tables, and the lowest death rate is among 6-year-olds, so I decided to eat like a 6-year-old," Buffett told Fortune. "It's the safest course I can take."So in honor of the 2022 edition of the Berkshire Hathaway Annual Meeting, here's a look at what it's like to eat like the man himself.The cornerstone of the Buffett diet: Cherry Coke.Bob Bryan/Business InsiderIn 2015, Buffett told Fortune he was "one-quarter Coca-Cola."Buffett said he favored either Diet Coke or Cherry Coke and had at least five cans of the soda a day.I decided to opt for exclusively Cherry Coke throughout the week, as I'm not the biggest fan of the taste of plain Coke. I am, however, a fan of cherry and cherry-adjacent soda products like Dr. Pepper and Cheerwine (it's a North Carolina thing — Google it).I also couldn't purchase cans of the stuff at my local grocery store, but a two-liter works out to 5.6 cans a day, within the ballpark of Buffett's consumption. Thus, I decided to go with one of these each day.If you're wondering, that works out to 252 grams, or 0.56 pounds, of sugar a day from the Cherry Coke alone. That's right — I got 84% of my recommended daily carbohydrate intake from just the sugar in the Cherry Coke.I didn't initially do the math on the sugar content of the Cherry Coke, believing it was better to go into the week with a bit of blissful ignorance. While I had assumed it would be rough consuming all of the syrupy-sweet drink, I couldn't anticipate the full devastation the Coke would have on my mood.On the first breakfast of the week, I was nervous but had a supply of foolish confidence in my ability to handle what was ahead.Bob Bryan/Business InsiderIn the HBO documentary "Becoming Warren Buffett," the legendary investor said his breakfast each day came from McDonald's and was dictated by the stock market.Typically, Buffett gets breakfast once the market is open. If stocks are up, he gets a bacon, egg, and cheese biscuit. If they're down, he opts for a cheaper breakfast of two sausage patties. If the market is flat, as it was Monday morning before the open, he goes for the sausage McMuffin.I get to work around 7:30 a.m. ET every day, meaning I had to base my McDonald's selection on the premarket futures, which tend to be a bit harder to gauge. Regardless, I decided to try to factor in a bit of qualitative analysis based on the overseas markets and the previous day's close (and, by the end of the week, what I could tolerate).The first breakfast wasn't too challenging. The biggest issue was the lack of coffee, as Buffett doesn't drink the stuff.I decided to front-load the Cherry Coke to get the caffeine I usually got from my coffee while also preventing myself from drinking soda well into the night.Additionally, I'd decided to keep track of my weight each morning and night. For the calorie counts, the Cherry Coke totals are added to the count at dinner, since they were dispersed throughout the day.Breakfast, Day 1: McDonald's sausage, egg, and cheese McMuffin; Cherry CokeBreakfast calories: 470Monday-morning weight: 168.4 poundsThe Cherry Coke hit me like a ton of bricks.Bob Bryan/Business InsiderI don't drink much soda — I drink mostly water and coffee at work — so the sudden increase in the amount of corn syrup in my diet made me feel incredibly sluggish. Plus, the sugar high was so off the charts that I almost felt the tingle of the carbonation in my fingers as I was typing.Then again, I also put down half of the two-liter before 11 a.m. in an attempt to front-load the caffeine.My inner child was excited to have ice cream in the middle of the day. The chili-cheese dog excited me less.Bob Bryan/Business InsiderThe bun on the Dairy Queen dog was spongy, but not like an angel food cake — like an actual kitchen sponge. The hot dog tasted very salty.The sundae was delightful. Buffett says he typically gets cherry syrup on his DQ sundaes, which was not an option at my Manhattan location. I did get his preferred chopped nuts on top.I was feeling pretty weighed down at this point. I don't have a big lunch most days — a salad at most — so the extra calories and copious sugar made me feel bloated.Lunch, Day 1: Dairy Queen chili-cheese dog; strawberry sundae with chopped nuts; Cherry CokeLunch calories: 650I cheated a bit on dinner for the evening, getting chicken parmigiana — which Buffett usually has as a side. (!)Bob Bryan/Business InsiderBy the evening I was feeling a bit better, possibly because I finished the coke around 2 p.m.The big test was running. I typically try to run four to five miles a day after work, and I was dreading how I would feel. I imagined keeling over and puking into the East River.To my surprise, it was fine. I was probably a step slower than normal, but I didn't feel too awful.Dinner was heavy — I couldn't finish the whole serving — but at the end of Day 1, I was doing half decent.Dinner, Day 1: Chicken parmigiana with penne from Famous Calabria PizzaDinner calories: about 1,500Total daily calories: 3,520Monday-evening weight: 171.2 poundsThe second day started much better.Bob Bryan/Business InsiderI lost sleep on Sunday night worrying about the challenge ahead, but after feeling decent at the end of the day, I got a good night's sleep.Stock futures were up on Tuesday, so I decided it would be fair to get a bacon, egg, and cheese biscuit. Coming from the South, I preferred this option over the semi-soggy McMuffin from the day before, and I felt confident as I tucked into breakfast and the second giant bottle of Cherry Coke.Breakfast, Day 2: McDonald's bacon, egg, and cheese biscuit; Cherry CokeBreakfast calories: 450Tuesday-morning weight: 170.4 poundsFor lunch, I went for a burger — another Buffett favorite.Bob Bryan/Business InsiderNow, many of my coworkers said I cheated by going with Shake Shack instead of some local restaurant, but you know what? I was the one suffering, and I deserved a slight luxury.Another signature Buffett trait is an excess of salt, as John Stumpf, the former Wells Fargo CEO, once described."When the food comes, Warren grabs a salt shaker in his left hand and one in his right, and it's a snowstorm," Stumpf told Bloomberg in 2014.So I threw a little extra sodium on the french fries before dipping them in the chocolate shake.Lunch, Day 2: Shake Shack ShackBurger; french fries; chocolate milkshake; Cherry CokeLunch calories: 1,710By Tuesday afternoon, I was ... not feeling well.Andy Kiersz/Business InsiderDear God did I make a mistake.Again, I attempted to front-load the Cherry Coke, and by 2 p.m. I was more than two-thirds of the way done with the two-liter. Not only that, but the heavy meal — especially the milkshake — was crushing my will to live.I was jittery, grumpy, exhausted, unfocused, and downright distraught. The sugar from the Coke (roughly a half-pound a day) was causing surges and drop-offs in energy.The increase in meat consumption was making me sweat more than usual (weirdly enough, from my kneecaps, of all places). The bloating was making my back hurt. I was a wreck after less than 48 hours.Tuesday night might have been my low point, as evidenced by my sad dinner spread.Bob Bryan/Business InsiderIn the middle of my run that evening, I texted a coworker expressing my dismay at my physical state. I was going noticeably slower than I had the day before, and I couldn't make myself run faster. My legs simply wouldn't move as I wanted.Upon getting back to my apartment from the run, I was, as my notes say, "**WRECKED**" by stomach cramps. My roommate walked in as I was sitting on our couch doubled over and asked me whether I was sure I wanted to keep going.I finally got myself together, and, unable to muster the strength to figure out a proper meal, I just made two hot dogs and ate some Utz chips — another brand Buffett loves.I went to bed Tuesday night feeling much less enthused about the prospects for the rest of the week.Dinner, Day 2: Two Hebrew National kosher hot dogs; Utz kettle chips; See's Candies peanut brittleDinner calories: about 650Total daily calories: 3,710Tuesday-evening weight: 171 poundsAnother day, another bacon, egg, and cheese.Bob Bryan/Business InsiderHonestly, given the recent rise in the stock market, Buffett must be getting sick of these biscuits by now.I decided to try to space out the Cokes more evenly to avoid the crashes. (Spoiler: It didn't work.)Breakfast, Day 3: McDonald's bacon, egg, and cheese biscuit; Cherry CokeBreakfast calories: 450Wednesday-morning weight: 169.2 poundsFor lunch, I went back and found one of Buffett's go-to lunch orders at Gorat's, an Omaha, Nebraska, institution.Bob Bryan/Business InsiderI ordered an open-faced turkey sandwich with bacon and Thousand Island dressing from Eisenberg's, a local sandwich shop.I was served a closed-faced, sliced turkey sandwich with bacon and Thousand Island dressing. I wasn't going to split hairs, so I took it back to the office as it was.The meal was finished off by fries and some Cherry Coke.You may ask: "Bob, did you put extra salt on the fries like you said Buffett always does?"My answer? Yes, I did. Hope you're enjoying my suffering so far.Lunch, Day 3: Turkey sandwich with bacon and Thousand Island dressing from Eisenberg's Sandwich Shop; french fries; Cherry CokeLunch calories: about 900Dinner on Wednesday was veal parmigiana with an indulgence: a Hawaiian Punch. I can't prove Buffett likes fruit punch, but, hey, it was my favorite when I was 6.Bob Bryan/Business InsiderI walked home on Wednesday and then went for a run.I felt as if the sugar, syrup, and grease leaked from my belly to my legs. Children were passing me on the street during my walk home, and I'm usually a fast walker. Imagine having maple syrup in your joints and muscles — that's what I felt like.Dinner, Day 3: Veal parmigiana from Nonna's LES Pizzeria; waterDinner calories: 1,060Total daily calories: 3,310Wednesday-evening weight: 172.4 poundsFutures were down, so I ordered two sausage patties for breakfast. But upon arriving at work, I realized the McDonald's workers gave me only one.Bob Bryan/Business InsiderI'm still not sure whether the single patty was a good or a bad thing, but it did give me a bit of a break from heavy meals.Also, it made me realize that McDonald's sausage by itself is not very good. Who could've guessed?Breakfast, Day 4: McDonald's sausage patty; Cherry CokeBreakfast calories: 174Thursday-morning weight: 169.8 poundsThis may be the point to mention that I've done terrible things to my body before — and this was the worst.Left: me in April 2011, about 125 pounds. Right: me in April 2014, about 205 pounds.Kedar Bryan; Bob Bryan/Business Insider compositeI'm no stranger to massive dietary changes — I gained 80 pounds in college and then lost 45 pounds in three to four months after I graduated. (I overestimated my pay as an intern and underestimated NYC rents.)That is to say: I've done some terrible things to my body via my diet before.Even at my heaviest, I never felt this run-down. The weird thing though was that I was still hungry at every meal.Maybe it was the chemicals from the processed food?I was running out of idea at this point on Thursday, and honestly, I was busy with work, so I just gave up and got McDonald's.Bob Bryan/Business InsiderFun fact: Buffett once used coupons to buy Bill Gates lunch at McDonald's.Oh, another reason this was such a terrible idea: I cover policy here at Business Insider, including healthcare and taxes — and, of course, I decided to try the Buffett diet on the week that Republicans again attempted to repeal Obamacare (no, the irony did not escape me) and rolled out their most detailed tax-reform framework yet.This meant that amid my midafternoon sugar crash, I was typically forced to pull myself out of the fog and write something of substance.To be fair to myself, I did write a considerable amount over the five days. You'd have to ask my editor Brett whether my diet hurt the quality of my writing, but I stand by everything I published.Lunch, Day 4: McDonald's Quarter Pounder with cheese; french fries; Cherry CokeLunch calories: 870Buffett once ordered a country- (or chicken-) fried steak with Jay-Z, so I had to get it for a meal.Bob Bryan/Business InsiderI really like country-fried steak (see my previous comment about being from the South). This one was from Cowgirl in the West Village.Buffett isn't a big fan of broccoli, much less collard greens, so I did cheat a bit. But, c'mon, actual collard greens at a restaurant in the North? I had to try them.Alas, they were bad.I went with a coworker and couldn't finish the steak and mashed potatoes — not to worry, salt was added in extreme amounts — prompting her to call me "weak." I replied I would take the leftovers home and finish them later (we were eating fairly early), but I happened to "forget" the bag as I left.In a surprise to probably no one, the gravy sat heavy in my stomach. Walking to the subway, I was happy there was only one day left, but I felt terrible.Dinner, Day 4: Country-fried steak with mashed potatoes, gravy, and collard greens from Cowgirl; waterDinner calories: 1,540Total daily calories: 3,484Thursday-evening weight: 172.4 poundsOf course Buffett eats ice cream for breakfast. Of course I was the idiot who saved it for the last day.Bob Bryan/Business InsiderRemember what I said about getting used to it? Not so much on Friday morning.I have never enjoyed ice cream less. That's really all I have to say about this meal.Breakfast, Day 5: Ben and Jerry's Phish Food ice cream; Cherry CokeBreakfast calories: 870Friday-morning weight: 170.4 poundsWhat if Buffett just says he eats all of this food to make other people like me buy it and boost his investments' sales?Bob Bryan/Business InsiderBuffett owns Dairy Queen and holds considerable stock in McDonald's and Coca-Cola. Sitting down for my final lunch, I realized I probably made the guy a lot of money that week.The thought struck me mid-bite of an M&Ms Blizzard: I was a sucker.Buffett is a self-mythologizer — a folk hero who presents himself as a kind grandfather but has made it in the vicious investment world. He's a ball of contradictions and social oddities.I couldn't put it past him to deceive the few interviewers he trusts to cast the glow of the cult of Buffett.On the other hand, surely people see him at these restaurants. He wouldn't lie about his diet just to get a few suckers to boost his sales, would he?Lunch, Day 5: Dairy Queen chili-cheese dog; french fries; M&M Blizzard; Cherry CokeLunch calories: 1,400Here's all the Cherry Coke I consumed during the week.Thanks to my former colleague Myles for giving me this Berkshire hat from the annual meeting in Omaha.Bob Bryan/Business InsiderThe sugar-and-caffeine crash came easier by Friday. I had learned how to manage the timing and frequency of the Coke intake to make sure I had a solid energy reserve all day.But I still felt awful after I finished a bottle.Here's some fun math on the amount of Cherry Coke I consumed in the week:• Total amount: 338 fluid ounces, or 2.64 gallons.• Calories: 4,500.• Sugar: 1,260 grams, or 2.78 pounds.• Caffeine: 1,020 milligrams, or 204 a day. (An average cup of coffee, 8 fluid ounces, has 95 to 165 milligrams.)For dinner, I went with a few coworkers to Smith & Wollensky, Buffett's favorite New York City restaurant.The plaque at the restaurant bearing Buffett's name.Dennis Green/Business InsiderBuffett comes here once a year for a dinner, at which a lucky bidder joins the Oracle of Omaha himself. In 2016, the meal went for $3.4 million. All the proceeds are given to charity.I was joined by four of my coworkers to bask in the final meal of my epic run.I contacted the restaurant earlier in the week to say what we would be there for, and the staffers did everything to make my experience as authentic as possible.We sat in the private alcove where Buffett sits when he visits, with a full glass wall looking into the kitchen. There was a plaque with Buffett's name on it and a letter from him framed on the wall.I asked our waiter, Baci, who had served Buffett on his trip to NYC in August, to bring me what the man ate. This was a mistake.Dennis Green/Business InsiderWe started with something off-menu called the "seafood bouquet." It featured lobster, shrimp, and lump crab meat. The seafood was divine — though it was chilled, and I typically enjoy seafood hot.I began to feel a bit uneasy as I dined on the appetizer, thinking back to everything I had put down that week. I wanted to have an authentic meal at a favorite location of Buffett's, but could I survive to the end?Also, I must admit here that I broke the Buffett rules by having a bit of wine. But it was the end of the week, and can you really blame me?Next, the steak: a 32-ounce Colorado rib-eye.Go ahead, judge my utensil manner. Just remember my physical and emotional state.Dennis Green/Business InsiderIn what can only be compared to the primitive tomahawk of a caveman, the mighty Colorado rib-eye emerged on a plate still sizzling. At that point, a glorious, freeing sense of debauchery overtook me, and I laid all of the terrible meals of the last week to the side.The steak was a knockout.For the first three-quarters of a pound, I consumed it with reckless abandon, ignoring the inevitable food hangover that was surely coming. The rib-eye was cooked to perfection and cut beautifully, and it contained just the right amount of fat.When I hit the wall — and I hit it hard — there was an overriding sense of disappointment that I simply couldn't finish the meal.The final tallies for dinner were, in a word, monumental."Oh my God, what have I done to myself?" Bob thought as he descended into a food-induced coma.Dennis Green/Business InsiderI wasn't even drunk from the wine, but the meal knocked me out. I was struggling to form coherent thoughts as all the blood ran from my brain to my stomach, attempting to handle the influx of fat, protein, and sugar.My coworkers and I ambled toward Grand Central Station, and I felt dazed. We decided against a post-dinner drink, and wandering off from the rest of the group, I felt unsure on my feet.I huffed and puffed my way back to my apartment near Chinatown, sweating pure steak grease.Upon making it back, I collapsed on the floor of my living room. I dozed off for a little over an hour, trying to pretend my stomach wasn't bursting at the seams.Dinner, Day 5: Seafood bouquet, 32-ounce Colorado rib-eye steak, hash browns, creamed spinach, and coconut cake from Smith & Wollensky; red wine; waterDinner calories: 3,343Total daily calories: 6,513Friday-evening weight: 175.2 poundsWhat did I learn?Me from Monday to Friday, reflecting my emotional state. If you look closely, you can see the happiness and joy for the world drain from my eyes.Elena Holodny/Business InsiderLet's get this out of the way: Don't eat like Warren Buffett unless you are Warren Buffett.The man himself says to be yourself instead of copying him. This applies not only to investing, but to dieting as well.My experience was miserable, and I realized why I committed myself to eating healthy when I moved to New York. Being sluggish and moody during the day just isn't fun.It's also a good lesson in recognizing limits. Buffett apparently has none; I very much do.And, finally, I now understand Buffett's investing strategy perfectly!Just kidding.I just have a few extra pounds to work off and a good story.Average calories a day: 4,107.4Total calories over five days: 20,537Weight gain, Monday morning to Saturday morning: 2.4 poundsWeight gain, Monday evening to Friday evening: 4 poundsRead the original article on Business Insider.....»»

Category: worldSource: nytApr 30th, 2022

59 great gift ideas for your wife, whether it"s Mother"s Day or her birthday

We rounded up 59 gifts for your wife or partner they're sure to love, including options that are romantic, stylish, or just plain fun. Prices are accurate at the time of publication.When you buy through our links, Insider may earn an affiliate commission. Learn more.Tommy John; Uncommon GoodsPutting extra care into picking out thoughtful gifts for your wife shows her just how special she is and how much you appreciate all she does. While nothing can top showing your gratitude with patience, support, and love, gifts can enhance our gratitude towards our partners.Whether you're looking for a Mother's Day, anniversary, birthday, or just an "I love you" gift, we have a wide range of ideas for your wife she's sure to love, ranging from romantic gift ideas to unique and personalized options. Browse all of the best gifts for your wife below, or jump to a specific gift category here:Romantic gifts for your wifeSentimental gifts for your wifeUnique and personalized gifts for your wifeFood and drink gifts for your wifeSelf-care gifts for your wifeStylish gifts for your wifeLuxury gifts for your wifeHere are 59 of the best gifts for your wife:This list includes Sponsored Products that have been suggested by Function of Beauty. It also meets our editorial criteria in terms of quality and value.*Romantic gifts for your wifeA fresh bouquet of flowersUrbanStemsUrbanStems flowers, starting at $46, available at UrbanStemsUrbanStems is the best flower delivery service we've tested for its high-quality, vibrant flowers and quick delivery. If your wife hates the upkeep of fresh flowers, you can also get a dried bouquet that'll last a lot longer.A custom portrait of you twoUncommon GoodsLove Is In The Air Custom Portrait, starting from $85, available at Uncommon GoodsCommission this cute, cartoony portrait of you both floating away with heart-shaped balloons. All you have to do is pick the physical attributes that fit you both, and the artist will create an illustration that captures those lovey-dovey feelings.A card game to bring you closerUncommon GoodsIntimacy Card Deck, $25, available at Uncommon GoodsThese cards offer sweet prompts to bring you closer, like "Describe our first kiss" and "What's something you thought when we first met that you no longer believe is true?" An enchanting candleDiptyque FacebookDiptyque Baies Small Candle, $38, available at DiptyqueA scent from Diptyque is a classic gift — and for good reason. The aromas are unique, without being overpowering. This tangy scent with flowery accents is just right for an everyday smell that's still romantic. You can also find more of our favorite candle brands here. A modern twist on love lettersUncommon Goods/InsiderHow Do I Love Thee From A-Z, $22, available at Uncommon GoodsFill in the blanks about why you love your spouse. This little book holds 26 prompts, from A to Z, that let you express why you love and appreciate her. It's all bound together as a small book that she can have as a thoughtful keepsake forever.Sentimental gifts for your wifeA sentimental mapGrafomapGrafomap Custom Map, from $34.30, available at GrafomapMake her a totally custom map of one of her favorite places. Pick your location, then get to customizing. Grafomap lets you choose your own colors, write your own labels, and zoom in or out for a map that is 100% unique. A collection of your best memoriesSnapfish/InsiderSnapfish Photo Book, from $12.99, available at SnapfishEven though it has become so easy to scroll through old photos with your phone on Facebook and Instagram, there is something special about a tangible photo book that you can look at. These are nice to leave around the house, flip through every now and then, and be reminded of the memories that fill the pages. A thoughtful piece of home decorUncommon GoodsHand Embroidered State Pillows, $225, available at Uncommon GoodsGive her some state pride with one of these beautiful pillows hand embroidered with each state's cities, towns, famous sites, cultural icons, and more. Pick a state that means something to her like where she was born, went to college, or where you met. These vibrant pillows are so unique; they'll look great in your home and are definite conversation starters.A portable printerAmazonHP Sprocket Portable Photo Printer, $79.99, available on Amazon and Bloomingdale'sIf your wife is always documenting moments on her smartphone, she'll love having the opportunity to turn all of those memories into real prints. All she has to do is connect her phone to the printer with Bluetooth, then quickly print her favorites into physical prints she can hang up or frame. Pick out a favorite photo of the two of you to get her started and add an extra special touch.A nostalgic trip down memory laneUncommon Goods/InsiderCreate Your Own Reel Viewer, from $14.95, available at Uncommon GoodsDive headfirst into some nostalgia with a reel viewer like the ones you had as a child. Customize the reel with pictures of your favorite memories. It's a really fun way to reminisce about the past and is sure to get you and your spouse feeling sentimental.A DNA kit to connect with her family rootsAmazonAncestry DNA Kit, from $79, available at Ancestry.comGive your wife the meaningful gift of learning more about her roots and family history with an Ancestry DNA Kit. She'll be able to discover her own DNA story with a few easy steps and get results in 6-8 weeks.Unique gifts for your wifeCustomizable haircareFunction of BeautyCustom Shampoo and Conditioner gift card, available at Function of Beauty, from $50Function of Beauty revolutionizes haircare by creating a custom line of shampoo and conditioner that's based on hair type and goals. With a gift card, they can choose the formula's color and fragrance as well as add personalized details like their name on the bottle. If they choose to subscribe, their first bottle will be 30% off with free shipping included.Read our full review of Function of Beauty here.*Sponsored by Function of BeautyA pottery starter kitSculpdSculpd Pottery Starter Bundle, $89, available from SculpdIf your wife enjoys getting crafty, this starter kit just might help her discover a new pottery passion. Every kit comes with 2 kilograms of air-dry clay, which is enough to make two different pieces. She can choose from projects like planters, ring dishes, vases, and more.A wearable blanketAmazonThe Comfy Oversized Microfiber & Sherpa Wearable Blanket, $44.99, available on AmazonShe'll never be cold again thanks to this super cozy wearable blanket. Perfect for lounging around the house or cuddling up at night, it comes in numerous color and pattern options to suit her tastes.An eye-catching print of her favorite cityUncommon GoodsCity Prints by Carolyn Gavin, from $40, available at Uncommon GoodsThese sentimental yet meticulously crafted prints highlight 10 major cities that your wife may hold dear to her heart. Each print is a bit different than the next, but they all share the depiction of her city's most notable landmarks. A cute, custom gift boxGreeatbl/InsiderGreetabl Gift Box, starting at $15, available at GreetablGreetabl is the spot for times when you want to give those "just because" kind of gifts. The box also functions as the greeting card, to which you can add your own personal photos. You can pick two small gifts from a group of curated items like Sugarfina gummies or sweet-smelling soap. It's a small gift with the opportunity to add a lot of personal touches.A curated box of surprisesBreoboxbrēō box One-Time Gift Purchase, from $159, available at brēō boxBrēō box is a service that makes curated boxes full of unique and actually useful items. The contents of the box are always different, centering around everyday essentials, fitness, health, and tech items — all of which are always seasonal.If they love the first box, you can even gift them a subscription. Food and drinks gifts for your wifeA fill-in recipe journalPapierBon Appétit Recipe Journal, $32.99, available at PapierWhether it's a family recipe or new dishes to try out, this recipe journal stores every one of her delicious dishes and favorite restaurants. Stash every breakfast, lunch, dinner, or treat recipe in one place with this thoughtful gift for your wife.A tasty cake for special occasionsMilk Bar/Alyssa Powell/InsiderMilk Bar cakes, from $58, available at Milk BarCongratulate her on her special day or huge achievement with a delicious Milk Bar cake. A sweet Milk Bar cake that tastes irresistible will make her fall in love with you all over again. These cakes made our list of the All-Time Best products we tested.Coffee from around the worldUncommon GoodsWorld Explorer's Coffee Sampler, from $33, available at DriftawayAt the intersection of globetrotter and coffee connoisseur is this sample set. This box contains five unique coffees sourced from around the world, which vary depending on the season and other conditions. It's a great gift that'll make morning coffee a little more exciting.A 'just because' toastWine.com/InsiderLa Marca Prosecco, $15.99, available at Wine.comCelebrating someone you love is an opportune time to pop open a bottle of bubbly. This bottle is well-priced, and though it's not the fanciest gift on its own, it'll pair nicely with something else from this list. A high-tech spice grinderAmazonFinaMill Spice Grinder, from $44.99, available on AmazonThis nifty battery-operated spice grinder expertly grinds up dried spices and herbs at various coarseness with the simple touch of a button. Just pop in the interchangeable and refillable pods and enjoy freshly ground pepper, minced garlic, finely chopped onion, and more.A gift to satisfy any wife's sweet toothMacy's/InsiderSugarfina Champagne Bears, $22, available at Neiman MarcusTreat your wife to some of the cutest sweet treats around. Sugarfina makes adorable gummies inspired by — and sometimes infused with — alcohol like champagne and rosé. They're just as pretty to look at as they are delicious to eat.Something small but sweetUncommon Goods/InsiderBees Knees Spicy Honey, $14.99, available at AmazonThis sweet and spicy honey will be a welcome addition to your kitchen. It's a thoughtful gift for an adventurous foodie who'll appreciate this hand-infused, locally made update to the classic sweetener.A taste of Japan by way of yummy snacksBokksuBokksu Tasting Gift, $44.95 per month, 3-month box, available at BokksuIf they love exploring new cultures through food, they'll appreciate this curated box of gourmet Japanese snacks. In this Bokksu box, your wife can expect to find between 10 to 14 snacks, a tea pairing, and an in-depth guide that details every product included. Fancy olive oil that'll instantly elevate any dishBrightlandAlive Olive Oil, $37, available at BrightlandIf they spend a lot of time in the kitchen, they probably already know the merits of high-quality olive oil. A drizzle of Alive from Brightland adds a vibrant, zesty flavor to any dish, plus the beautiful bottle will look great on display in their kitchen. A handheld milk frotherWilliams Sonoma/InsiderAerolatte Handheld Milk Frother, $23.99, available at Bed Bath & BeyondYou know how she takes her morning coffee, so why not make it a little easier to get a rich, frothy cappuccino at home? It's a little gadget that can make a huge difference in her morning ritual. A cookbook that'll inspire her next cheese plateAmazon/Insider"Platters and Boards" by Shelly Westerhausen, $15.38, available at AmazonShe's already the hostess with the mostest, but that doesn't mean she won't appreciate some inspiration for how to make her famous cheese plates and charcuterie boards even better. This book is filled with plenty of party-ready spreads along with the perfect meat and drink pairings for every platter. A really nice apronFood52Five Two Ultimate Apron, from $25, available at Food52If one of her greatest joys is cooking, make sure your wife is suited up with some of the best cooking accessories around. This lightweight cotton apron has smart pockets to keep all the essentials at arm's reach, built-in potholders, and even comes in some really cute colors she'll actually want to wear.Self-care gifts for your wifeA fluffy bathrobe for relaxing at homeParachuteParachute Classic Turkish Cotton Robe, $109, available at ParachuteWhen there's no time for a trip to the spa, this fluffy bathrobe will help her feel like she's on a luxury staycation. We named it our best overall pick in our guide to the best bathrobes for its soft feel and substantial shawl collar.A four-piece set of popular face masksSephoraPeter Thomas Roth Mask to the Max Kit, $58, available at SephoraTreat your spouse to new and cult-favorite face masks that treat any skincare concerns with premium ingredients. The four-piece mask kit is designed to hydrate, exfoliate, soothe, and tighten any skin type.A journal to jot down her thoughtsRifle Paper Co./Business InsiderStitched Notebook Set, $16, available at Rifle Paper Co.Your wife can keep this set of three beautiful notebooks out on her desk or nightstand to jot down everything from her to-do lists to her daily musings. An exciting new readBook of the Month InstagramBook of the Month Membership, from $49.99/3 months, available at Book of the MonthFor the wife that loves to read, give her the joy of getting lost in a book. Book of the Month curates some of the best new reads and has your pick delivered to your door as a hardcover each month. It's a great way to discover great new books and authors, plus if you sign up now you can get a free book.A luxurious exfoliator to keep skin smoothNecessaireNecessaire The Body Exfoliator, $30, available at SephoraNecessaire's clean beauty products come in beautiful, minimalist packaging that looks as good in their bathroom as it feels on their skin. This gentle exfoliator will help them slough off dry winter skin for good. A cute and cozy pair of pajamasTommy JohnWomen's Second Skin Sleep Tee, available at Tommy John, $52Women's Second Skin Sleep Short, available at Tommy John, $52A comfortable pajama set can make bedtime much better, but sometimes it's hard to justify spending so much on an outfit you'll never wear outside of your house. Since they might not be something she would buy herself, treat her to an ultra-comfy and colorful pair.A candle inspired by notable scentsOtherland/Alyssa Powell/InsiderOtherland Candles, $36, available at OtherlandWe love Otherland's candles, and we're sure your spouse will too. The assortment includes a selection of nostalgic aromas reminiscent of sandalwood, fig, and champagne, to name a few. It's one of the All-Time Best products we've ever tested.A subscription to 100+ celeb-taught online classesMasterClassMasterClass Subscription, $180 annually, available from MasterClassMasterClass provides online video classes taught by well-known celebrities and industry leaders. Your wife can opt for a cooking class with Thomas Keller or a photography lesson from Annie Leibovitz. Plus, as part of a Mother's Day sale, you can get a subscription accessible from multiple devices for the same price as an individual one through May 8, 2022.Breakfast in bedEtsyBreakfast in Bed Tray, from $24.14, available at EtsyThey say that breakfast is the most important meal of the day, and I say it's best served in bed. Use this cute tray to give them their favorite breakfast treats without ever having to leave the room. You can choose from an array of color options, sizes, and even have the text customized.Of course, this tray is best paired with a delicious, home-cooked meal and a lazy weekend morning.A hydrating gift setSephoraLaneige Hydration-To-Go! Normal to Dry Skin Set, $29, available at AmazonThis travel set is great for getting an on-the-go glow and includes some of Laneige's most popular products, including the cult-favorite Lip Sleeping Mask. If they have combination or oily skin, don't fret: Laneige makes an additional set.A Disney + subscription for her movie marathonAlyssa Powell/Business InsiderSubscribe for $7.99/month or $79.99/yearUnlimited access to movies and shows from Disney, Pixar, Marvel, Star Wars, National Geographic, and 20th Century Fox make for a perfect movie marathon.Read everything there is to know about Disney+ over here. And if you need to give her some binge-spiration, here are all the new movies available to stream.A refreshing body scrubMacy'sKiehl's Gentle Exfoliating Body Scrub, from $36, available at Kiehl'sThis refreshing scrub is gentle and leaves skin smelling great and feeling soft. She'll thank you for this indulgent product that yields great results.A statement candleSephoraVoluspa Japanese Plum Bloom Candle, $32, available at SephoraThis candle has a mix of plum bloom petals and leaves, ripe plum fruit, and crushed currant fragrances. If you're not familiar with candle fragrances, all you need to know is that this makes a room smell delightful. Beyond the scent, the embossed glass jar is the final touch that makes this a wonderful gift.A super-hydrating sheet maskBloomingdale's/InsiderSkin Laundry Hydrating Facial Sheet Mask, $10, available at JCPenneyFor only $10, this little luxury will make her feel like she's indulging in a spa experience. Simply leave this mask on for about 20 minutes to refresh and soften your skin. You might want to get two or three since she's probably going to like these — and you probably will too.A mist made of calming essential oilGrove Collaborative/InsiderSleep Comes Easy Mist, $10.79, available at Grove CollaborativeLavender, chamomile, and frankincense are revered for their calming properties. Give your spouse all the tools she needs for a calm night with this mist. It can be used as a mist or pillow spray to wash any stress away and bring on major relaxation. Stylish gifts for your wifeA diamond-embellished bracelet with her zodiac signMontserratMontserrat Zodiac Bracelet, $200, available at MontserratSurprise her with this nameplate necklace that's plated in 18-karat gold and a set with a sparkly lab-grown diamond. It's simple enough to wear every day, and having her zodiac sign engraved makes it feel personalized just to her. Plus, the brand purchases carbon offsets to reduce its environmental impact.A popular puffer jacket that comes in dozens of colorsAritziaTnA The Super Puff Jacket, from $175, available at AritziaAritzia's Super Puff jacket has a huge following that includes Kendall Jenner, Hailey Bieber, and several members of the Insider Reviews team. Made with responsibly sourced down, the jacket is exceptionally warm and even water-resistant. We also love that it has fleece-lined pockets, but the best part about the jacket is that it comes in dozens of iterations so you can choose one to match her favorite color and desired length.A classic pair of solid gold hoop earringsMejuriMejuri Oversized Thin Hoop Earrings, $350, available at MejuriA simple, classic pair of earrings is a gift that'll come in handy over and over again. These solid 14-karat gold hoops are a Mejuri bestseller and can be worn with everything from a T-shirt to a cocktail dress. She'll be wearing them for years to come.A cozy pulloverPatagoniaPatagonia Synchilla Lightweight Snap-T Fleece Pullover, $119 available at PatagoniaWhether you love hiking together or simply spending time on the couch, this pullover is absolutely worth its received hype. We love many of Patagonia's pullovers and sweaters because of their always dependable quality, durability, and comfort level. It's one of the best products we've ever tested.A summery pair of sunglassesWarby ParkerPercey Sunglasses, from $95, available at Warby ParkerTreat your wife to a new pair of shades, just in time for sunny spring. This pair takes the classic tortoise and flecks it with pink for a fresh take. If pink isn't really her color, you can find plenty of other styles at Warby Parker.A practical toiletry bagDagne DoverHunter Toiletry Bag, $40, available at Dagne DoverYour wife probably already has a few toiletry bags to hold her trinkets while she travels, but this one — with its multiple pockets, removable mesh pouches, and waterproof neoprene material — reigns supreme. A delicate, personalized gold braceletLalinne/Etsy/InsiderLalinne Jewelry Initial Bracelet, $22, available at EtsyThere are endless possibilities for how you can personalize this bracelet. The initials of kids, pets, or just the two of you are all thoughtful, personal takes on this delicate piece.A socially conscious shirtEverlaneEverlane 100% Human Collection, from $22, available at EverlaneShow your wife you appreciate her with a product that supports gender equality. When you purchase any shirt in the 100% Human Equality Now Collection, Everlane will donate a portion of the proceeds to the ACLU. Not only will she look great sporting this socially conscious message, but you can feel good about the fact that part of your purchase is going to a great cause.The comfiest sneakers she's ever wornAllbirdsWomen's Wool Runners, $110, available at AllbirdsAllbirds have reached cult-like status for their superior combination of comfort, style, and convenience. Each pair is made out of merino wool, which makes them super soft inside and out, plus they're machine washable so she can wear them wherever life takes her. Luxury gifts for your wifeFlowers that will last all yearRoseboxCustom Small Box, $179, available at RoseboxGetting a bouquet of roses is a sweet gesture, but a chic box of fresh stems that will last a full year takes it to the next level. Yes, you read that right. Rosebox arrangements are real flowers that are carefully preserved to stay fresh for a full year without any maintenance. Choose from a range of sizes from mini boxes to large centerpieces. Roses are also available in an array of color options from classic red to bright turquoise or lavender.  A gorgeous set of glasswareEstelle Colored GlassEstelle Colored Wine Stemware (Set of 6), $185, available at Estelle, West Elm, and Food52Elevate your wife's stemware collection for her next wine night or dinner party with these stunning, handblown glasses. Sets are available in rainbow hues from cobalt to blush and you can even mix and match colors. Sleek and sustainable luggageTour ParavelParavel Aviator Carry-On Suitcase, $350, available at ParavelIf she's looking forward to traveling again, a new set of luggage might be the perfect way to kick off the next trip. Paravel's carry-on suitcase is not only incredibly stylish, but it's also carbon neutral and sustainably made with 15 upcycled water bottles. Gift her the ultimate travel upgrade by adding a matching weekender or tote bag.A smartwatch she'll wear dailyAppleApple Watch Series 7, from $399, available at AppleThe Apple Watch Series 7 is the best smartwatch Apple currently sells. Your wife will certainly appreciate that it comes with top-of-the-line health features, a brighter display, and fast charging.A royally-approved travel tech organizerStowStow Travel & Tech The First Class Leather Case, $548, available at Stow LondonThis stylish tech travel case will keep all your wife's accessories organized on your next trip and comes with a Stow-branded USB and portable power bank as extra perks. Plus, it's royally approved. Meghan Markle has been spotted traveling with this very case. Choose from eight different colors and add embossed or hand-painted initials to it for an extra personal touch.A chic weighted blanketBearabyCotton Napper, $199, available at BearabyWeighted blankets have been shown to help reduce anxiety and help some people sleep better. This soft and luxurious version from Bearaby is chic enough to leave draped over the couch as a decor accent and cuddly enough to curl up in for a cozy night in. It also comes in five different color options and three different weights for a more customized experience.Read the original article on Business Insider.....»»

Category: personnelSource: nytApr 29th, 2022

Global Markets Tumble On Hawkish Central Bank Anguish, China Lockdown Fears

Global Markets Tumble On Hawkish Central Bank Anguish, China Lockdown Fears The global selloff that started in Asia, sending China's CSI300 plunging to the lowest level since May 2020, slamming the offshore yuan below 6.60 and sparking a liquidation in oil and cryptos amid fears that the Shanghai lockdown will spread to the capital Beijing and lead to an even greater slowdown in the global economy... ... has quickly spread around the globe, slamming not just European markets but US equity futures which slid as much as 1% as traders fretted over the prospects of aggressive tightening by the Federal Reserve, Chinese lockdowns and disappointing earnings. S&P 500 futures were down 0.9% as of 7:00am EDT after plunging 2.8% on Friday, while Nasdaq futures retreated 0.8%, with the rout hammering tech stocks especially hard. Some context: the Nasdaq 100 Index has erased about $1 trillion in market value since Netflix released disappointing earnings and is closing in on oversold levels; the tech-heavy FANGMAN basket has lost $2.4 trillion in market cap from 2021 ATH as Netflix and Facebook  Meta, have lost most of their gains from past 5yrs. Remember when Facebook hit the $1tn market cap club in 2021? Now it’s worth exactly half that. But now the tech bear market is finally spreading all US stocks which closed at their lowest levels in more than a month on Friday as fears over a more aggressive Federal Reserve tightening cycle led to broad-based selling. Investors are entering another busy week for big technology companies’ earnings, with Alphabet, Microsoft, Meta Platforms, Paypal and Apple all reporting results although don't expect some miraculous surge. Investor mood was already morose after Fed chair erome Powell’s hawkish comments last week hurt sentiment already sapped by the war in Ukraine, a slowdown in China and the risks inflation poses to company earnings, according to Michael Hewson, chief analyst at CMC Markets in London. “The final straw appears to be a concern about the prospect of a policy mistake by central banks, and a possible recession by the end of the year,” he said. One sole glimmer of green, Twitter shares, rose 0.6% in premarket trading after a WSJ report that Elon Musk met with the social media platform’s executives on Sunday as the company turns more receptive toward the billionaire’s $43 billion takeover offer. As discussed earlier, U.S.-listed Chinese stocks fell in premarket trading as expanded Covid lockdown measures in major Chinese cities spark concerns over the country’s growth outlook. Pinduoduo led a decline in American depositary receipts, down 4.7% in premarket trade. E-commerce peers Alibaba Group fell 3.9% and JD.com lost 2.5%. Electric carmakers including Nio and Li Auto also fell. The weakness tracks a 4.9% slump in China’s CSI 300 Index, which closed at its lowest level in two years. Here are some other notable premarket movers: U.S.-listed Chinese stocks look set to open lower on Monday as expanded Covid lockdown measures in major cities sparked concerns over the country’s economic growth outlook. Pinduoduo (PDD US) led a decline in American depositary receipts, down 4.7% in premarket trade. E-commerce peers Alibaba (BABA US) fell 3.9% and JD.com (JD US) lost 2.5%. Electric carmakers including Nio (NIO US) and Li Auto (LI US) also fell. AT&T (T US) reinstated with a buy rating at Goldman Sachs with the focus turning to the telecom giant’s core business, while the broker cuts its rating on Verizon (VZ US) on valuation grounds. AT&T up 0.6% in premarket, Verizon -1.4%. Cenntro Electric (CENN US) rises as much as 22% premarket ahead of the electric-vehicle company’s quarterly update due after the close on Monday. Kellogg (K US) was downgraded to hold from buy at Deutsche Bank, which stays cautious and below consensus ahead of 1Q22 results because of headwinds including worsening inflation and supply chain disruptions. Shares down 1.4% in premarket. Morgan Stanley says DoorDash (DASH US) is the “best executor around” among food delivery companies, but awaits a better entry point as initiates at equal-weight with Street- low $100 target. Shares down 1.1% in premarket on low volume. GoDaddy (GDDY US) upgraded to overweight at Piper Sandler on strong free cash flow potential, with the broker cutting its ratings on Wix.com (WIX US) and Squarespace (SQSP US) in a rejig of its digital presence coverage. GoDaddy little changed in premarket, Wix.com and Squarespace not traded. Coca-Cola and Activision Blizzard are among companies reporting earnings today. In Europe, markets are under heavy pressure: Euro Stoxx 50 drops as much as 2.6% with several other core indexes down over 2%. Spain’s IBEX outperforms. Miners are the weakest performers with the Stoxx 600 sector down over 5%. Energy and consumer products and services similarly lag.  Europe’s Basic Resources Index  crashed 6%, and was set for the worst daily drop since March 2020. Here are some of the biggest European movers today: Ubisoft shares rise as much as 12% after Bloomberg reported the video-game publisher is attracting takeover interest from private equity firms including Blackstone and KKR. Garanti stock rallies as much as 5.6% after parent BBVA sweetened its voluntary offer for the Turkish lender and the unit said 1Q net income tripled. Biogaia shares rise as much as 9.6% after the Swedish food-additives and supplements maker published preliminary 1Q sales figures, which included a large beat on operating profit and net sales. Barco shares rise as much as 4.2% after the projector maker’s Cinionic JV won a contract to install laser projectors in 3,500 U.S. auditoriums of cinema chain operator AMC. The Stoxx 600 Basic Resources and Energy sub- indexes both slumped on Monday amid broad declines for commodities prices on concerns that a growing Covid-19 outbreak in China will hit demand. Shell -4.5%, TotalEnergies SE -3.1%, Glencore -6.0%, Anglo American -6.5% Philips stock falls as much as 11% after publishing its latest earnings, where higher provisions related to its recall of Dreamstation breathing machines overshadowed better-than-expected 1Q sales. Roche shares fell as much as 3.6% after the Swiss pharma company reported mixed first quarter results. Sales beat expectations due to a boost to the diagnostics division, while the pharmaceutical unit missed. As we reported on Sunday, the big news out of France is that Macron won the second round of the Presidential Election with 58.6% of the vote vs Le Pen at 41.4%, while Le Pen conceded defeat after the initial projections, according to Reuters and Sky News. Elsewhere, ECB President Lagarde commented that interest rate hikes will not lower energy prices, according to Barron’s. ECB policymakers are said to be keen to finish bond purchases as soon as possible and possibly hike rates in July but no later than August, while they are leaning towards two rate moves this year with three also a possibility, according to Reuters sources. However, an ECB spokesperson declined to comment on the timing of ending bond purchases and potential interest rate increases. The EU is said to prepare the creation of a new trade and tech council with India, according to FT sources. The new forum could be unveiled on Monday during the European Commission President’s visit to India. Earlier in the session, Asian stocks slumped the most since March 11 as China’s worsening Covid-19 outbreak and a looming rate hike by the Federal Reserve hurt risk sentiment.  The MSCI Asia Pacific Index fell as much as 2.2% Monday, setting off a grim start to the region’s busiest week for earnings. The biggest drags were technology stocks sensitive to higher interest rates, including Taiwan Semiconductor Manufacturing, Alibaba and Tencent.  Equities in mainland China and Hong Kong were among the region’s worst performers. Chinese stocks slid to a two year low amid fears that rising infections in Beijing may spur an unprecedented city-wide lockdown of the capital. The Chinese regulator also ordered platform companies to better handle online violence, dragging tech stocks lower. READ: China Lockdown Angst Rips Through Markets as Stocks, Yuan Plunge The lockdowns that have now expanded to parts of Beijing will “cause a logistical problem that’s going to affect not just China but also the rest of the world,” Jeffrey Halley, Asia Pacific senior market analyst at Oanda, said in an interview with Bloomberg TV.  With no signs of change in Covid zero policy and very little in terms of actual stimulus, “that all points to lower China stocks and we are going to see a weaker yuan going forward,” he added. Investors are also on guard for corporate earnings. Stock-market heavyweights including Kweichow Moutai in China and Samsung Electronics in South Korea are expected to release first-quarter results this week.   With a number of Fed speakers recently showing support for 50-basis-point hikes, tech shares led declines of major gauges in the region. Taiwan’s Taiex dropped 10% from its January high.   Japanese equities dropped, extending a global selloff amid prospects for aggressive U.S. interest-rate hikes and a worsening Covid outbreak in China. Electronics and machinery makers were the biggest drags on the Topix, which fell 1.5%, with 32 of 33 industry groups in the red. Fast Retailing and SoftBank Group were the largest contributors to a 1.9% loss in the Nikkei 225. Indian stocks also fell, joining their peers across Asia, as appetite for risk waned amid renewed concerns over Covid infections and its possible impact on business growth.  The S&P BSE Sensex dropped 1.1% to 56,579.89, while the NSE Nifty 50 Index slipped 1.3% to 16,953.95. Reliance Industries Ltd. lost 2.3%, the most in seven weeks. It was the biggest drag on the Sensex, which saw 23 of its 30 stocks trading lower.   All but one of 19 sectoral sub-indexes compiled by BSE Ltd. declined, led by a gauge of metal stocks.  The continued war in Ukraine and fears of a wider lockdown in Beijing are weighing on sentiment, already impacted by the risk of a global slowdown as the U.S. Fed raises rates to tame inflation. Of the six Nifty 50 firms that have announced results so far, four have missed, while two have beaten analyst estimates. Bajaj Finance, Hindustan Unilever, Axis Bank are among the companies releasing Jan-March earnings this week.  With risk off, safe havens were mostly bid: Treasuries advanced across the curve, with yields on the belly falling about 10bps and 10Y yields sliding 8bps to 2.833%. The belly of the UST curve outperforms by 1-2bps. Peripheral spreads widen to core with 10y Italy lagging peers on the rally. European bonds advanced, yet underperformed Treasuries; the spread between French 10-year bond yields and German equivalents tightened at the open after President Emmanuel Macron was re-elected as French president, only to widen as haven demand supported bunds. IG dollar issuance slate empty so far; preliminary estimates are for around $25 billion this week. •    Three-month dollar Libor +1.11bp to 1.22486%. In FX, the Bloomberg Dollar Spot Index rose a third day to the highest level since May 2020; the greenback advanced against all of its Group-of-10 peers apart from the yen and the Swiss franc; AUD and NZD lag G-10 peers. USD/JPY holds above 128. The euro fell to its lowest level versus the dollar since March 2020, erasing earlier gains amid broader greenback strength.  The pound slumped to the lowest versus the dollar since September 2020 and gilts advanced. The Aussie was the worst G-10 performer amid fears over the outlook for China’s demand for iron ore and with the selloff boosted by options-related selling. The yen rose, as concerns about the economic impact of accelerating U.S. rate increases put a pause on the recent aggressive selling of the currency. Japan’s government bonds tracked Treasuries higher with support from purchases by the Bank of Japan. Perhaps most importantly, the yuan - which until now had resisted any weakness - plunged again, dropping to the lowest level in 17 months as the offshore yuan dropped below 6.60 the lowest level since Nov 2020, spurring a selloff in emerging-market currencies. In commodities, crude futures sold ell off with WTI down over 4% and back on a $97-handle. Base metals are similarly deep in the red. Spot gold drops ~$14 to trade near $1,916/oz. Monday’s pullback in the soaring price of commodities since Russia’s invasion of Ukraine has done little to assuage concerns about runaway inflation. Fed Jerome Powell had outlined his most bold approach yet to reining in surging prices and the European Central Bank signaled stronger tightening. Bitcoin continued to tumble alongside the broader crypto market, even though the harder the stocks fall and the more the Fed tightens, the more it will eventually have to ease, unleashing the next surge higher in cryptos which we expect to push bitcoin over $100,000 and Ether over $10,000. Looking at the calendar, the economic data slate includes March Chicago Fed national activity (8:30am) and April Dallas Fed manufacturing activity(10:30am); consumer confidence, GDP, PCE deflator and University of Michigan sentiment are ahead this week. Today we will earnings from Coca-Cola, Activision Blizzard, Vivendi. Market Snapshot S&P 500 futures down 0.7% to 4,235.25 STOXX Europe 600 down 1.8% to 445.31 MXAP down 2.0% to 166.02 MXAPJ down 2.4% to 546.02 Nikkei down 1.9% to 26,590.78 Topix down 1.5% to 1,876.52 Hang Seng Index down 3.7% to 19,869.34 Shanghai Composite down 5.1% to 2,928.51 Sensex down 1.0% to 56,637.35 Australia S&P/ASX 200 down 1.6% to 7,473.28 Kospi down 1.8% to 2,657.13 German 10Y yield little changed at 0.89% Euro down 0.4% to $1.0751 Brent Futures down 4.4% to $101.96/bbl Gold spot down 0.6% to $1,920.54 U.S. Dollar Index up 0.20% to 101.43 Top Overnight  News from Bloomberg China’s coronavirus outbreak worsened as rising cases in Beijing sparked jitters about an unprecedented lockdown of the capital, with policy makers racing to avert a Shanghai-style crisis that’s already wrought havoc on the financial hub China must take stronger action to boost growth above 5% in the second quarter, said a central bank adviser who warned the country needs to lay a foundation for achieving its full-year target in the face of rising economic risks A sustained and substantial increase in U.S. real yields would be bad news for developing nations as it typically boosts the dollar and sucks capital out of riskier assets, like in 2008 and 2013 The U.S. announced it would start sending diplomats back to Ukraine and provide more military aid as Secretary of State Antony Blinken and Secretary of Defense Lloyd Austin visited Kyiv late on Sunday night, in the highest- level U.S. visit to the war-torn country since Russia invaded China’s central bank stepped up its support for several distressed developers by allowing banks and bad-debt managers to loosen restrictions on some loans to ease a cash crunch, according to people familiar with the matter A more detailed look at global markets courtesy of Newsquawk APAC stocks traded negatively after last Friday's stock rout on Wall Street with risk sentiment hampered by holiday closures, China's COVID-19 woes and as participants brace for a busy week of key earnings releases. Nikkei 225 shed around 500 points with sentiment not helped by several earnings guidance downgrades and with Nissan shares were hit as alliance partner Renault mulls selling a partial stake in the Japanese automaker. Hang Seng and Shanghai Comp underperformed on the COVID situation after daily deaths in Shanghai rose again and with the city to conduct another round of mass testing, while Beijing also scrambles to contain an outbreak with its Chaoyang district to require residents and workers to undergo three COVID-19 tests this week. Top Asian News Asia Stocks Fall Most in Six Weeks as China Outbreak Worsens China Woes Stoking Inflation Angst Set to Weigh on the Euro Shimao Unit Proposes to Pay Down Puttable Bond Faster: REDD Loan Curbs Eased for Distressed Developers: Evergrande Update European cash markets kicked off the week lower across the board with a relatively broad-based performance seen across the majors. Sectors are lower across the board with a clear defensive tilt: Energy and Basic Resources sit at the bottom of the bunch amid hefty downside in underlying commodities. Stateside futures are lower in tandem with the broader market sentiment, whilst the NQ is slightly more cushioned by the earlier decline in yields. Twitter is reportedly re-examining Elon Musk’s bid and be more receptive to a deal with the sides meeting on Sunday to discuss the proposal. It was separately reported that Twitter is facing increasing shareholder pressure to negotiate with Elon Musk in his takeover bid and that the Co. is in talks with Elon Musk in which a potential deal could be made as early as this week, according to WSJ. Top European News Macron Gets Second Chance to Show France His Vision Can Work Credit Suisse Special Audit Backed by Norway’s Wealth Fund SocGen Too Quick to Axe Boss Accused of Trying to Kiss Colleague Art Seized at U.S. Homes Part of Crackdown on Wealthy Russians FX: DXY sets new 2022 peak at 101.750 amid safety flight and sharp slide in crude alongside other commodities. Yen back in favour as risk sentiment sours irrespective of denials about joint Japanese and US intervention discussion - Usd/Jpy towards base of 128.87-127.89 range. Aussie underperforms on Anzac Day due to steep decline in copper and iron ore - Aud/Usd tests 0.7150 and Aud/Nzd cross under 1.0850 vs 1.0940 at one stage overnight. Yuan extends depreciation as Covid spreads to a district in Beijing and PBoC continues to lower Cny midpoint reference rate - Usd/Cnh just shy of 6.6000, Usd/Cny eyeing 6.5650. Euro averts 1.0700 test, narrowly, and pares more losses after surprisingly upbeat Ifo survey, on the surface - Eur/Usd rebounds to circa 1.0750, but still well below Macron victory high. Pound loses Fib support on the way through 1.2800 and sub-8400 vs Dollar and Euro respectively. Fixed Income Debt futures firm as risk appetite wanes, but bonds fade beyond 154.50 in Bunds, 119.00 in Gilts and 119-25 in the 10 year T-note. Core EZ bonds lose momentum after German Ifo survey beats and irrespective of less encouraging accompanying statements. French OATs off peak within 147.38-146.28 range posted on confirmation of Macron defeating Le Pen to retain Presidency. European Commission sells EUR 2.499bln (exp. EUR 2.500bln) 0.4% 2037 NGEU; b/c 2.05x (prev. 1.49x), average yield 1.626% (prev. 0.375%). Commodities: WTI and Brent June contacts have continued to decline since the resumption of futures trading. Spot gold has been caged to a near-USD 5/oz range since the European open as the impact of a firming Buck negated the effects of lower yields at the time. Base metals are in a sea of red as China's lockdown woes hit the demand side of the equation – with LME aluminium and zinc the laggards at the time of writing. US Event Calendar 08:30: March Chicago Fed Nat Activity Index, est. 0.45, prior 0.51 10:00: Revisions: Retail Sales, Inventories 10:30: April Dallas Fed Manf. Activity, est. 4.8, prior 8.7 DB's Jim Reid concludes the overnight wrap I survived a weekend alone with my kids but the only way for all of us to cope was to comfort eat and spend so much time on Netflix that I may as well cancel my subscription as there is nothing left to watch now. Never has Mum been so welcome by an adult, 3 kids and a dog, as she was on her return last night. Parenting is hard! Central bankers are finding it hard too at the moment and it was a fascinating past week on that front as several important central bankers belatedly played a game of leapfrog on who could make the most aggressively hawkish rhetoric on taming inflation. Those speaking at the start of the week might have seemed hawkish at the time but by the end of the week they almost looked dovish. The IMF/World Bank gathering probably focused the minds of all the Governors, Presidents and Chairs present and hawkishness spread through the event like wildfire with the notable exception of Japan's Kuroda who is seemingly sticking to the country's YCC. We are now in the Fed blackout period so they won't add to the hawkishness for the 9.5 days before we get the FOMC decision. Note that the BoJ meet on Thursday although nothing suggests they are going to pivot and will remain the last hawkish shoe to drop. The French election has passed without incident with President Macron gaining 58.6% of the vote vs. 41.4% for Le Pen. Macron won 66.1% of the second round vote in 2017 and with him unable to stand in 2027 and with the traditional parties share of the vote at record lows who knows where French politics will be by then. However much water will flow under Le Pont des Arts before we need to worry about that. Meanwhile, the next hurdle for Macron will come with the Parliamentary elections on the 12th and 19th of June. Commonly referred to as the ‘third round’, the elections will be crucial as it will define the make-up of the government Macron must rely on to push through his reform program. See Marc de-Muizon's blog last night here for more on this. The Euro popped nearly +0.6% higher at the Asian open after the results became clear but has subsequently dipped into negative territory as risk off dominates in Asia. Mainland Chinese stocks are sliding with the Shanghai Composite (-1.95%) and CSI (-2.39%) down, falling to its lowest level since 2020 amid the worsening Covid situation in China, particularly in the financial hub of Shanghai. Strict restrictions have begun to spread, with authorities ordering mandatory Covid tests in a district of Beijing and many buildings locked down. The Hang Seng (-2.47%) is also lagging and elsewhere, the Nikkei (-1.94%) and Kospi (-1.44%) are weak. Outside of Asia, futures contracts on the S&P 500 (-0.42%) and Nasdaq (-0.30%) are lower with 2 and 10yr US yields both around -5bps lower. Brent and WTI are both around -2.9%. Moving on to this week now and it is an important one for European inflation with German CPI on Thursday and the French and Italian equivalent (plus PPI) on Friday with the overall Euro CPI the same day. US (Thursday) and European Q1 GDP (Friday) will also be of interest. Back to the US and inflation related data will be the closest watched with Friday's ECI expected to be strong. This is one of the key indicators the Fed use for labour market strength. The core PCE deflator (the Fed's preferred inflation measure) also comes out as part of the income and spending report data on Friday. The rate of growth may well tick down here so this might provide a shred of good news on inflation without changing the story too much. It will be an important week for corporate earnings too with 179 of the S&P 500 reporting and 134 in the Stoxx 600. Big US tech will be the highlight with Microsoft and Alphabet (tomorrow), Meta (Wednesday), and Apple and Amazon (Thursday). Consumption patterns will be in focus when we get results from Coca-Cola (today), Mondelez, Chipotle (tomorrow), Kraft Heinz (Wednesday) and McDonald's (Thursday). Meanwhile, a range of banks across the globe will give a pulse check on consumer credit. Notable reporters will include HSBC, UBS, Santander (tomorrow), Credit Suisse (Wednesday), Barclays (Thursday), finishing with BBVA and NatWest on Friday. Other notable financials reporting will include Visa (tomorrow), PayPal (Wednesday) and Mastercard (Thursday). Other tech-related companies releasing results will include Activision Blizzard (Monday), LG, Qualcomm, Spotify (Wednesday), Samsung, Intel and Twitter (Thursday). In healthcare, another sector that benefitted from the pandemic, reporters will include Novartis (tomorrow), GlaxoSmithKline (Wednesday), Eli Lilly, Merck, Sanofi (Thursday) and AstraZeneca (Friday). To see how the commodity rally and the focus on energy transition affected major commodity companies worldwide, markets will get earnings from Iberdrola, Vale (Wednesday), Total, Repsol (Thursday), Exxon, Orsted, Chevron and Eni (Friday). Downstream users like transport firms will report too, including General Motors (tomorrow), Boeing, Mercedes-Benz and Ford (Wednesday). Other notable corporates releasing results will include Texas Instruments, General Electric, UPS and Caterpillar. The rest of the day by day calendar of events appears at the end as usual on a Monday. Reviewing last week now, as discussed at the top a cadre of central bank officials reinforced the idea that monetary policy needs to tighten on both sides of the Atlantic this year, thus driving sovereign yields higher. Chair Powell, in his last remarks before the Fed’s May meeting communications blackout, lent credence to the wisdom of front loading the hiking cycle and getting policy rates to neutral as quickly as possible. Regional Fed presidents, spanning ideologies, concurred throughout the week. Short-term markets ended the week pricing more than 150 basis points of tightening over the next three meetings, embedding some risk premium for a 75 basis point hike at each meeting. Futures markets are implying Fed policy rates will be north of 2.80% by the end of the year, above the Fed’s estimates of neutral. President Lagarde was careful to draw a distinction between the US and European situation, but nevertheless would not rule out an increase to ECB policy rates as early as July, following the cessation of net APP purchases, which is likely early in the third quarter. Markets are pricing 24 basis points of ECB tightening by the July meeting, and 85 basis points of tightening for the rest of the year. Bank of England Governor Bailey highlighted the path of policy was laced with uncertainty, but inflation was likely to increase due to rising energy costs. Bailey added the bank would not sell its security holdings into fragile markets. Even committed dove, Ingves of the Swedish Central Bank, rowed back on his previous mantras and acknowledged tightening was needed. As a result, Sovereign yields were higher in each jurisdiction, with 10yr Treasury, bund, and gilt yields increasing +8.2bps (-1.2bps Friday), +10.6bps (+2.4bps Friday), and +7.4bps (-4.9bps Friday), respectively. For their part, 10yr OAT yields closed the week at a +44.5bp spread above bund equivalents, their tightest since March, as President Macron’s polling advantage increased heading into yesterday’s election. Equity indices retreated on the tighter policy path. The STOXX 600 fell -1.42% (-1.79% Friday) while the S&P 500 was -2.75% lower (-2.77% Friday), bringing it into correction territory YTD (-10.37%) again. Mega cap tech stocks bore the brunt, with FANG+ falling -8.76% (-1.99%) as higher discount rates hit valuations. The mega cap losses accelerated after Netflix reported it lost subscribers in the first quarter, which sent its share prices more than -35% lower. The reprieve was only temporary the following day when Tesla reported a record profit on the back of surging electric car demand. Brent crude oil futures were relatively subdued by comparison to other asset classes and recent volatility, falling -5.43% (-2.48% Friday) over the week to $105.64/bbl. Elsewhere the IMF revised down their global growth expectations in light of Russia’s invasion, expecting the global economy to grow 3.6 percent in each of the next two years. Fighting continued in eastern Ukraine, with Russia declaring victory over the port city of Mariupol, while there was not any material public progress in peace negotiations. The Credit Derivatives Determinations Committee said Russia’s remuneration of foreign currency bonds with rubles would constitute a default and trigger credit default swaps. Russia has a 30-day grace period, which ends May 4, to make creditors whole. Tyler Durden Mon, 04/25/2022 - 07:48.....»»

Category: worldSource: nytApr 25th, 2022

A Ukrainian refugee and her son were crammed into a small train cabin with a dozen other people as they fled Russia"s invasion

Tetiana Gladchenko said she and her 11-year-old son spent 27 hours on a cramped train to Poland as part of her long journey fleeing the war. Tetiana and Art Gladchenko.Jake Epstein/Insider A Ukrainian refugee and her son spent 27 hours in a crowded train cabin with 12 strangers. They fled the central Ukrainian city of Dnipro for the US, carrying just a backpack.  Tetiana and Art Gladchenko are two of the more than 5 million Ukrainians who have now fled the country. The cabins on the train traveling through the Ukrainian countryside were designed for four people — two sets of bunk beds on opposite sides of the room.  But on the 27-hour journey fleeing the central Ukrainian city Dnipro to the southeastern Polish city of Chelm, Tetiana Gladchenko, 46, and her 11-year-old son, Art, didn't have the luxury of space.They had to share the cabin with a dozen other people, stuffed into the beds for the hours-long journey from their homeland days after Russian forces stormed Ukraine's border and began bombarding cities. Tetiana and her son — who shared the story of their escape from war with Insider — are two of the scores of Ukrainians whose lives were uprooted after Russian President Vladimir Putin's February 24 televised war declaration against the country.According to the latest United Nations figures, over 5 million Ukrainians have fled the country — a majority have gone to Poland — and another 7.7 million people have been displaced inside the country. The flood of refugees has cause a humanitarian crisis as world leaders scramble to try and accommodate the influx of Ukrainians.   Tetiana and Art didn't immediately leave the country when war struck. For over a week, they slept in the hallway of their apartment by the door, fully dressed.Air raid sirens would wail throughout the night in their home city of Dnipro warning of a possible Russian strike, Tetiana told Insider through translations from her sister.Tetiana, Art, and her husband Val would sprint from their 9th-floor unit downstairs to their building's lobby, sometimes waiting hours for the sirens to pass.  By early March, Tetiana said she and Val decided it was too dangerous for her to stay with Art. She knew she and her son could stay with her sister, who lives just south of Boston, but Val would have to stay behind because of a presidential decree banning men from leaving the country.The family packed backpacks with essentials like a passport, clothes, and dry food. Before they left, Art grabbed a photo of the family showing him sandwiched between his mother and father and all of them smiling. It would be the only physical photo they were able to bring with them on their journey, Tetiana said.A photograph of Tetiana, Val, and Art Gladchenko.Jake Epstein/InsiderAt 8 a.m. on March 5, Tetiana and Art arrived at the Dnipro train station with just their backpacks but had to push through a sea of other people trying to flee. They waited 11 hours inside the train station with other refugees as snow fell outside. They didn't make one of the three evacuation trains that left that day. Tetiana said they had to return again just around sunrise. This time, they got seats on a packed evacuation train leaving Dnipro and headed for Chelm, a small city just over the Ukrainian border of around 64,000 people.Inside the train cabin, four people crammed onto each of the bottom bunks, while the top two bunks held three people each.She said it was difficult to share the small space with so many people as the train snaked across Ukraine. On the crowded train cabin, Tetiana slept sporadically. She ate crackers and cereal bars, and drank only water. But despite the crowded conditions, the passengers still found a few ways to bond.The fleeing families shared stories and food, and talked about where they were headed and who they would live with.Tetiana said the conversation made people more friendly and stronger.Eventually, Tetiana and her son made it to Chelm. Tetiana recalled a very organized welcome to Poland where police and volunteers explained everything and helped her through passport control. "There was [a] more relaxing situation because there was not ... a lot of panic like in Ukraine," Tetiana told Insider. From Chelm, Tetiana and Art took a shorter train to Poland's capital city Warsaw. Tetiana arrived at the airport that morning exhausted. There were no immediate flights to get her to Boston, so her sister booked one for the following morning. Art got a teddy bear from Polish volunteers welcoming them and brought it with him for the rest of the trip.That night, Art slept on a yoga mat on the floor of the terminal while Tetiana paced the halls. She couldn't sleep. But by morning, the family were finally flying to safety with family in America.Now in Stoughton, just south of Boston, Tetiana works remotely as a financial accountant for her company back in Ukraine. She constantly reads the news for information on the war and speaks to Val multiple times a day.Her husband — a former construction worker — is now in Odesa. Though he's not a soldier, Tetiana said he's helping drive supplies to hospitals as the town prepares for a potential Russian attack.She still wants to give back to Ukraine whenever she can. If the military asks for money, she'll send it.And she's been supported by people in Massachusetts; a nearby elementary school wrote letters in Ukrainian to Art to celebrate his recent birthday."I feel ... the whole world helping," she said. "It could be a worthful victory."Read the original article on Business Insider.....»»

Category: personnelSource: nytApr 21st, 2022