Author: News Room

In 2021, Brynne McManimie and Peter Romano lived in a one-bedroom apartment in Greenpoint, Brooklyn. Due to the pandemic, they had gotten a good deal on their lease and paid $2,600 in rent each month. But that didn’t last long.”After a year, our landlord raised our rent by like 25% and it made us very nervous about staying in that apartment,” McManimie, an actor and teacher, told Business Insider. Their new rent was $3,300 a month.”That’s when we were like, ‘OK, let’s just try the housing lottery,'” McManimie added.For Romano, a New Yorker, and McManimie, a West Coast transplant who…

Donald Trump says his trade policy would be a way to protect the US from exploitation. Yet, by applying a base tariff on virtually all foreign goods, he’s starting a “war against trade itself,” Alan Wm. Wolff wrote for the Peterson Institute for International Economics. The Republican candidate has made tariffs a cornerstone of his prospective trade policy, proposing a universal 10% duty on all imports heading into the US. As for Chinese goods, Trump has touted tariffs as high as 60%.Still, before the US embraces this level of protectionism, it might be better to dust off some history, the left-leaning think…

By Tim Reid, Alexandra Ulmer and Helen Coster WASHINGTON (Reuters) -Upside-down American flags emerged outside homes and on social media on Friday in support of Donald Trump after a New York jury returned a historic guilty verdict against the former Republican president. Republican Representative Marjorie Taylor Greene and country music singer Jason Aldean were among the prominent Americans to display the inverted flag, a symbol of distress or protest in America for over 200 years. The symbol, popular among some avid Trump supporters since his 2020 election defeat, exploded across pro-Trump social media accounts after he was convicted on Thursday…

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. Americans are worn down by high inflation and interest rates. Companies that offer bargains and staples are reaping the rewards. Just ask Ross Stores: America’s largest off-price retailer reported earnings and revenue that beat analysts’ forecasts last week. Company executives said they’re planning on opening about 90 new stores this year. “There’s clearly a lot of uncertainty in the macroeconomy,” Adam Orvos, executive…

While many cryptocurrencies have been swinging sideways, Notcoin (NOT) seemed to have charted its path. At press time, NOT’s price was $0.019, representing a mind-blogging 275% increase in the last seven days. The project which recently launched airdropped millions of tokens to users who engaged in its play-to-earn game. Around that time, faced selling pressure as its price dropped by 55% in the first week. But with this turnaround, it looks NOT could be destined for a higher value. Pyth Network (PYTH) was another token that emerged with good performance in the last 24 hours. As of this writing, PYTH’s…

1. ‘What information do you need?’Whether I am talking to a senator or a CEO, I’ve found that a surefire way to make any communication harder than it needs to be is by trying to read the other person’s mind. It is faster, and more valuable, to ask what information the other person needs, instead of trying to guess. Especially when the person in front of you is making decisions based on what you are sharing. I remember asking Senator John McCain this question during a foreign policy briefing once. His answer took our conversation in the direction he needed — instead…

For more than two years after Russia widened its war on Ukraine, the administration of U.S. Pres. Joe Biden drew a red line for Ukrainian forces. The administration would provide the Ukrainians with precision munitions including aerial glide bombs, Harpoon cruise missiles, M30/31 rockets for High-Mobility Artillery Rocket Systems and Army Tactical Missile System rockets. The Ukrainians could use these munitions against Russian targets on Ukrainian soil. But if they struck targets inside Russia, the White House might withhold future aid. But recent Russian strikes on Kharkiv, just 25 miles from the border in northeastern Ukraine, helped change Biden’s mind.…

North Korea launched another 720 balloons across its border with South Korea Saturday night, carrying plastic bags full of cigarette butts, scraps of cloth, and waste paper.Pyongyang says it was retaliation for activists sending anti-North Korean leaflets and USB drives containing K-pop music across the border.South Korea’s Yonhap News Agency said 720 balloons carrying trash were floated into the country, while Reuters quoted a figure of 600.Since last Tuesday, North Korea has sent up between 850 and almost 1,000 balloons across the demilitarized zone, spreading trash in the capital Seoul and other parts of the country.The trash balloons adds to…

Welcome back to our Sunday edition, a roundup of some of our top stories. Pet owners spent an estimated $3.9 billion on pet insurance in 2023. You’ll want to read this before buying it for Kitty and Flopsy.But first: Searching for answers at Google.If this was forwarded to you, sign up here. Download Insider’s app here.This week’s dispatchSearching for answersHundreds of millions of people turn to Google each day to get their questions answered.How Google finds, categorizes, and ranks that information is constantly evolving. An entire industry has developed to help those who want to show up on the first…

(Reuters) -Donald Trump’s foreign allies, from Hungary’s Viktor Orban to Britain’s Nigel Farage, rallied to his defence saying his trial was politically motivated, while others reacted cautiously, aware they may have to work with him as president again soon. Trump, who was found guilty on Thursday on 34 counts over a payment to silence a porn star ahead of the 2016 election, said the trial, in which he became the first former U.S. president convicted of a crime, had been rigged against him and that the “real verdict” would come when he runs for the presidency again in November. “Solidarity…