At 26, I set off on a yearlong adventure to South America. It’s been 6 years, and I have no plans to leave.
Sinead Mulhern is happier after relocating to Cuenca, Ecuador. I often think back to the day I arrived in Cuenca, Ecuador, the Andean city that accidentally became my home. I was alone on a bus. The sky was dark, and because of plummeting high-altitude temperatures, it was freezing. Rows of Andean peaks stretched out for…
A real-estate investor says he’s cracked the code to producing ‘at least $1,000 of positive cash flow every month,’ but his rent-by-the-room strategy isn’t for everyone
Peter Keane-Rivera says he brings in about $135,000 a year from his rental properties. Peter Keane-Rivera owns two single-family homes in the greater Seattle area, but he has nine tenants paying rent. His investment strategy is to “buy the biggest house you can and fill up all the rooms with paying tenants,” the 32-year-old told…
McDonald’s says store visits and sales dropped in wake of E. coli outbreak
Placer.ai data indicated McDonald’s foot traffic fell nationwide by more than 9% in the three days following the news of the E. coli outbreak. A number of McDonald’s US customers stayed away from the arches last week as news of the E. coli outbreak spread. The company said Tuesday that daily sales took a hit…
What dream job? Gen Z and millennials are being forced to confront a difficult job market.
Gen Z and millennials entering the job market or in the early stages of their careers are facing a much tougher job market than in recent years, and many are adjusting their expectations for a dream career as the hiring landscape worsens. While the job market has looked pretty robust in recent months, there are…
Hurricane season isn’t over. Experts predict a final surge of storms and maybe even a December cyclone.
Hurricane Beryl 2024, as seen from the International Space Station. Hurricane season seems to be rallying for a final surge of storms. AccuWeather, a world-leading weather forecasting company, predicts that November will bring one to three tropical storms strong enough to get names, and the first one could come in just a week. Florida and…
Wall Street is bullish on Meta earnings as analysts eye an AI boost for the tech titan
Mark Zuckerberg Meta Connect 2024 Wall Street analysts are upbeat ahead of Meta’s third-quarter earnings report on Wednesday after the closing bell. Analysts generally expect positive revenue and earnings figures, thanks to the Facebook parent’s AI ad optimization and the firm’s sweeping cost cuts, which included several rounds of layoffs in recent years and saw…
Cash is no longer king. Here are 3 alternatives investors are trading it for, according to chief money managers.
Just a year ago, if the stock market got bumpy or felt risky, investors could shave a bit off their positions and park in cash-like money market funds yielding slightly over 5%. Today, cash alternatives are yielding slightly less. Still, they remain near or above 4.5%, which is a tempting return in exchange for no…
Over 90% of AWS’s biggest data center customers are now using its homegrown Graviton chips, executive says
In 2018, Amazon Web Services launched Graviton, its own line of homegrown central processing unit chips for data center servers. Just six years later, the vast majority of AWS’s largest server customers have become Graviton users. Rahul Kulkarni, AWS’s director of compute and AI/ML, told B-17 that more than 90% of the 1,000 largest elastic…
Boeing is looking for a cash boost that could rise to $24 billion
A Boeing sign on a facility in Seattle. Boeing needs cash, and it could raise up to $24.3 billion as it looks to boost its liquidity. The planemaker announced late Monday that it was offering 112.5 million common shares at a discounted price of $143. Earlier in the day, it had said it was offering…
