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07 Jul

Some boomers aren’t waiting to die to pass on their wealth — their millennial kids need it now

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Sophia Bera Daigle, the founder and principal financial planner at Gen Y Planning, said one of her clients, a doctor, has been gifted $10,000 a year from his parents for the past few years.Recently, the client's parents told him they were going to up that amount — to $60,000 a year for the next 10 years — but that would be it."'We would rather give it to you and your two siblings while you have kids at home and need to pay for college and all of these things, but then don't expect any inheritance,'" Daigle said the parents basically…

07 Jul

Protesters spray water guns at tourists in Barcelona as thousands rally against overtourism

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Protesters swarmed the streets of Barcelona to condemn mass tourism, which they blame for skyrocketing rent prices and the city becoming "unliveable."Multiple outlets reported that thousands of protesters, including more than 150 organizations, marched through Barcelona on Saturday.Photos showed protesters carrying signs that read, "Barcelona is not for sale" and "Tourists go home." Protesters in Barcelona used water guns on tourists. Europa Press News/Getty Images Footage obtained by BBC showed protesters using water guns against people visiting popular tourist areas while chanting, "Go home!"Protesters also taped off certain restaurants and hotels as if to symbolically close the establishments.Barcelona is a…

07 Jul

Russian forces appear to be making crude artillery guns by pulling the main armaments off of old BMP armored fighting vehicles

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Russian forces appear to be fashioning improvised artillery guns from the main armaments of old BMP-1 armored fighting vehicles.One video circulating on social media shows a soldier firing what appears to be a BMP-1's 73 mm 2A28 Grom gun fixed to a makeshift wheelbase. Another video shows a group of soldiers towing the improvised gun into position.The crude device may reflect the heavy equipment losses Russia has suffered in its invasion of Ukraine.The General Staff of Ukraine's Armed Forces said on Sunday that Russia had lost 14,937 artillery systems and 15,645 armored fighting vehicles since it launched the full-scale invasion…

07 Jul

I left Texas and moved to Spain. Living here has shown me a different way to exist — and I can’t imagine going back.

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This as-told-to essay is based on a conversation with Jeronimo Noriega, a 27-year-old student who lives in Spain. It's been edited for length and clarity.I moved to Oviedo, Asturias in Northwest Spain after growing up in San Antonio and I don't think I'll ever move back to the United States.If that shocks you, it surprised me too. I never thought I'd live in Europe — I'd never even been there before my siblings and I agreed to move to Spain with my parents. Although I was born in Mexico, I spent most of my life living in the US so…

07 Jul

Wes Moore says Biden’s age isn’t the focus of voters he’s spoken to on the campaign trail: ‘It’s the issues and it’s the stakes’

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During a recent swing through Wisconsin, Wes Moore pointed to President Joe Biden's efforts on health care and infrastructure as he spoke to voters about backing the Democratic ticket this fall.For the first-term Maryland governor, Moore's praise of the Biden administration and his engagement with voters — especially Black voters — across the Badger State couldn't have come at a more critical time for the president.Biden's widely panned June debate performance sent Democrats reeling, with some in the party pressing Biden to reconsider his reelection bid while others are still assessing the situation as the party inches closer to its…

07 Jul

Beryl Regaining Strength, On Track To Reach Texas as Hurricane

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Tropical Storm Beryl is gaining strength as it lumbers toward the south Texas coast, and is expected to become a hurricane again before it makes landfall early Monday morning. Source link lol

07 Jul

Waymo’s robotaxis are better than some San Francisco drivers

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Waymo, Alphabet's autonomous taxi cab company, is now available to the public in San Francisco — a culmination of more than a decade of testing and wading through regulatory hoops.About 300 cars are operating in the city. The company has about 700 robotaxis in total — most in SF and Phoenix — but Waymo's spokesperson told Business Insider there are plans to expand access to the public in Los Angeles and Austin.I took two rides on June 27 to and from the Financial District of SF during peak morning commute hours.My verdict? Waymo's autonomous driver is pretty damn smart, and…

07 Jul

Maryland Gov. Wes Moore says his faith in Biden hasn’t wavered. Here’s why.

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Last week, the nation's Democratic governors met with President Joe Biden as he sought to reassure them that his candidacy remained viable after a debate that has imperiled his reelection bid.It was one of the most critical moments in Biden's decades-long political career, as he rallied support for a campaign that several Democratic lawmakers and a sizable bloc of voters believe he should forgo in favor of another candidate.But for Maryland Gov. Wes Moore, who was at the White House meeting, his decision is clear. He told Business Insider that he's standing with Biden.However, Moore was also blunt in assessing…

07 Jul

See inside a historic 50,000-square-foot mansion on New York’s Gold Coast that’s featured in ‘The Gilded Age’

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The North Shore of Long Island is known as the Gold Coast thanks to its collection of lavish mansions, which date back to the early 1900s. Many of these homes are thought to have inspired F. Scott Fitzgerald's West Egg in "The Great Gatsby."One such mansion is Hempstead House, which is located in Sands Point Preserve, a 216-acre park about 30 miles outside New York City.The entire estate was once owned by Howard Gould, a financier. He sold the land to Daniel and Florence Guggenheim in 1917, according to the preserve's history.The Guggenheims lived in Hempstead House together until 1930,…

07 Jul

Beijing’s ‘monster ship,’ the world’s largest coastguard vessel, dropped anchor in the South China Sea

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The world's largest coastguard ship dropped anchor in Manila's exclusive economic zone (EEZ) in the South China Sea earlier this week, the Philippine Coast Guard (PCG) said.Jay Tarriela, a spokesperson for the PCG, wrote on X that the authority had successfully tracked the movements of the China Coast Guard's (CCG) "165-meter monster ship" by "using Canada's Dark Vessel Detection technology.""On July 1st, the ship departed from Hainan and entered the Philippines' Exclusive Economic Zone (EEZ) on the following day," he wrote.The 12,000-ton CCG 5901 was later "radio challenged" by the PCG, which asked it to confirm its intentions and to…