Author: openjargon

  • 10 smoking guns in the Trump hush-money trial — and why jurors don’t have to believe Cohen or Stormy to convict

    Donald Trump
    • In closing arguments, the Trump defense will attack the credibility of key witnesses.
    • But jurors may not need to believe Michael Cohen, David Pecker, or Stormy Daniels to convict Trump.
    • Here are 10 persuasive pieces of evidence that practically speak for themselves.

    During Tuesday's closing arguments in the Donald Trump hush-money trial, jurors are sure to hear a lot about the motives and credibility of key prosecution witnesses Michael Cohen, David Pecker, and Stormy Daniels.

    But jurors may not need to believe these witnesses to convict Trump.

    Here are 10 stand-alone pieces of evidence that practically speak for themselves.

    Donald Trump, left. Michael Cohen, right.
    Donald Trump and Michael Cohen

    1. "So, what do we got to pay for this?"

    "So, what do we got to pay for this? One-fifty?" Trump asks his attorney and "fixer," Cohen, just two months before the 2016 election. "Pay with cash," Trump then instructs.

    This phone conversation, secretly recorded by Cohen, catches Trump calling the shots as the two men discuss financing for a $150,000 hush-money payment. The hush money was meant to keep voters in the dark about former Playboy model Karen McDougal's claim — denied by Trump — of a nearly yearlong affair with the then-Apprentice star in 2006.

    Excerpt from a transcript of a recorded phone call in which Donald Trump, discussing a hush-money payment, asks Michael Cohen, "So, what do we got to pay for this? One-fifty?"
    "One-fifty?" Donald Trump asked Michael Cohen in a recorded call about the Karen McDougal hush-money payment.

    Why is this taped Trump-Cohen phone call, labeled People's Exhibit 246, important? Because it makes it impossible for Trump to say he had no role in hush-money financing.

    Prosecutors can be expected to argue that this recording directly connects Trump to an illegal campaign conspiracy.

    As they alleged in opening statements, this conspiracy influenced the election by purchasing the silence of McDougal and — for $130,000 more — of porn star Daniels. Trump's indictment alleges he falsified 34 business records throughout 2017, his first year in office, to cover up Daniels' hush money.

    The Trump-Cohen phone call shows Trump in the pilot's seat of the conspiracy, prosecutors will argue. Or, at the very least, he's in the cabin with Cohen. Also in the conspiracy cabin: Trump's then-CFO, Allen Weisselberg, and Pecker, the then-National Enquirer publisher, both of whom are name-dropped in the tape.

    People's 248 is a transcript of this important call, available here. The actual audio can be heard here.

    File photo of then-President Donald Trump signing an executive order.

    2. *** THIRTY-FIVE THOUSAND DOLLARS AND NO CENTS***********

    Nine times throughout his first year in office, Trump signed checks that are now key exhibits in the hush-money trial. Each was drawn on his personal bank account. Each paid Cohen $35,000 as a "retainer."

    And each check, prosecutors say, is a felony-level falsified business record. These nine checks are our second smoking gun.

    According to his indictment, the checks reimbursed Cohen in monthly installments for the $130,000 wired to Daniels just 11 days before the 2016 election, along with some other money Cohen was due.

    Alleged hush-money reimbursement checks signed by Donald Trump.
    Alleged hush-money reimbursement checks signed by Donald Trump.

    Why are these hand-signed checks so important?

    Trump can argue that he never saw or handled most of the 34 business records that prosecutors say he "caused" to be falsified to hide the Daniels hush money, records that include a year's worth of bogus Cohen "retainer" invoices and entries in the Trump Org business ledgers.

    But Trump cannot claim he never saw or handled these nine checks.

    And that $35,000 amount on each check?

    That amount matches exactly the $35,000 figure that Trump's then-chief financial officer, Weisselberg, landed on when calculating Cohen's monthly reimbursements — as shown in People's Exhibit 35, described below.

    donald trump manhattan criminal trial
    Donald Trump on trial at Manhattan Criminal Court in New York City.

    3. "PAY … ASAP … OK"

    Defense lawyer Todd Blanche will likely argue on Tuesday that Trump was too busy running the country to have bothered with the nitty-gritty of falsifying documents. Trump was especially distracted — even "multi-tasking" — when he signed each of those nine checks, the defense has already suggested.

    But People's 71 — a January 2017 invoice from the Winged Foot Golf Club in Mamaroneck, New York — strongly suggests otherwise. See People's 71 in its entirety here.

    Trump's handwritten approval for a February, 2017, payment of a $6,974 golf-club fee.
    During his second month in office, Trump approved payment for a $6,974 golf club fee.

    Why is this evidence — our third smoking gun — so important?

    The invoice shows Trump personally signing off on the golf club's $6,974.01 annual dues and "food minimum."

    It's proof that Trump continued to pay close attention to his personal spending in 2017.

    Trump's former White House executive assistant, Madeleine Westerhout, showed jurors this exhibit when she took the stand earlier this month, delivering a big blow to the "multi-tasking" defense.

    Westerhout also showed jurors emails revealing that, in June 2017, she got Trump's advance approval for the purchase, with his money, of a $650 Tiffany picture frame. Trump wanted to display a photo of his mother, Westerhout said, on the credenza behind his desk in the Oval Office.

    The frame was 15% off, Trump was told before he approved its purchase.

    So even in the White House, we have Trump signing off on golf fees and picture frames.

    This proven micromanaging makes it easier for prosecutors to argue that Trump was paying attention when he signed $35,000 of his own cash over to Cohen — who testified that his actual legal work as personal attorney to the president amounted to less than 20 hours in all of 2017.

    An image from a critical prosecution exhibit, "People's 35," showing handwritten annotations to Michael Cohen's hush-money payment to Stormy Daniels' lawyer.
    Evidence People's 35 in the Trump hush-money trial.

    4. The single most important piece of evidence in the case

    We now turn to the most important evidence in the case — People's 35, our fourth smoking gun.

    This is an October 2016 First Republic bank statement. Both Cohen and Weisselberg scribbled calculations on it.

    A handwritten note by former Trump CFO Allen Weisselberg.
    Handwritten note by former Trump CFO Allen Weisselberg.

    Why is this bank statement important?

    Because on just one page, it records Cohen wiring the $130,000 in hush money to Daniels' attorney just 11 days before the 2016 election.

    But there's more: it also shows the Weisselbergian math behind Cohen's $35,000 hush-money reimbursement checks.

    And the two sets of handwriting — Cohen's and Weisselberg's — scrawled across the bottom show the alleged conspiring of Trump's closest lieutenants at the time: his fixer and his top numbers man.

    A section of People's Exhibit 35

    People's 35 does not have Trump's fingerprints on it. Jurors have only Cohen's word that Trump saw it. But prosecutors can argue Tuesday that it clinches the case for conspiracy and records-falsification — subject to connection to Trump himself.

    It will be up to jurors to decide if Trump would have blindly affixed his signature to nine $35,000 checks if he really believed they were "retainers" as labeled — and if he really believed he was paying a lawyer who hardly worked for him anymore.

    It will also be up to jurors to decide if Cohen and Weisselberg would have cooked Trump's books — hiding the true nature of what Cohen was being paid for — without the knowledge and approval of Trump, the micromanaging boss footing the bill.

    Read Business Insider's deep dive on People's 35 here.

    Robert Costello, a key defense witness in the Donald Trump hush-money trial in New York.
    Robert Costello, a key defense witness in the Donald Trump hush-money trial in New York.

    5. "Sleep well tonight, you have friends in high places."

    Fast forward to 2018. Trump has been in office for a year and, thanks to The Wall Street Journal, the world now knows about his porn-star hush-money scandal.

    In early April, the FBI raided Cohen's office and apartment, seizing evidence it would later use to successfully prosecute him for his illegal $130,000 contribution to his boss's campaign.

    Throughout April, Trump worried Cohen would "flip" against him, prosecutors argue. So Trump, they say, authorized a communications back channel, whereby Cohen could talk to attorney Robert Costello, who could relay messages to his buddy Rudy Giuliani, then Trump's lawyer.

    This alleged Trump-to-Giuliani-to-Costello-to-Cohen back channel is evident in this prosecution exhibit, People's 205. This is the infamous "Friends in high places" email that would be featured in the "obstruction" section of the Mueller Report.

    Excerpt from an email where Michael Cohen is assured "Sleep well, you have friends in high places."
    Excerpt from an email in which Michael Cohen, who had yet to turn on Trump, is assured: "Sleep well, you have friends in high places."

    Why is this April 21, 2018 email — People's Exhibit 205 — important?

    It suggests the nearly invisible hand of Trump, covertly pulling strings to keep Cohen from cooperating with the justice department and spilling any election conspiracy beans.

    6. "He will make sure to tell the President"

    In another email from that same day, People's Exhibit 204, Cohen is assured of Giuliani's gratitude for "this back channel of communication" to Trump.

    This email, our gun number 6, again shows the covert, thrice-removed hand of Trump, pulling strings.

    "I just spoke to Rudy Giuliani and told him I was on your team," Costello tells Cohen in the email.

    An April 21, 2018 email from Bob Costello to Michael Cohen.
    An April 21, 2018 email from Bob Costello to Michael Cohen.

    "Rudy was thrilled and said this could not be a better situation for the President or you. He asked me if it was OK to call the President and (then-Trump lawyer) Jay Sekelow and I said fine," the email continues.

    Giuliani "asked me to tell you that he knows how tough this is on your family and he will make sue [CQ] to tell the President," the email says.

    Donald Trump's former Twitter account

    7. "From which he entered into, through reimbursement…"

    A week later, on May 3, 2018, the hush-money scandal was still in the news, and Trump posted what he may have believed would be a self-exonerating tweet.

    A May 2018 tweet by then-President Donald Trump, in which he acknowledges that Michael Cohen received "reimbursement" for  a "non-disclosure agreement.
    An incriminating tweet.

    Why is this panicked-sounding, somewhat garbled tweet important?

    It's Trump acknowledging what prosecutors allege in those 34 felony falsification counts: That he knew Cohen's monthly retainer checks were not for legal fees at all.

    Instead, they were "reimbursement" (Trump's word) for "a non-disclosure agreement" (Trump's word again) — also known as hush money.

    Trump tweets this admission just five months after signing his last $35,000 "retainer" check to Cohen.

    Donald Trump at his hush-money trial in Manhattan.
    Donald Trump at his hush-money trial in Manhattan. To his left is attorney Todd Blanche, who is set to deliver defense closing arguments.

    8. "Mr. Trump fully reimbursed Mr. Cohen in 2017"

    Twelve days later, on May 15, 2018, Trump affixed his black-Sharpie signature to a routine government disclosure form called an "Executive Branch Personnel Public Financial Disclosure Report."

    Prosecutors call this document People's Exhibit 81. It's the then-president's mandatory disclosure of his assets and liabilities.

    Donald Trump's signature on a 2018 financial disclosure form.
    Donald Trump's signature on People's Exhibit 81.

    Under "Liablities" — which is the section where Trump must list the money he's borrowed — Trump certifies that in 2017, he "fully reimbursed" Cohen an interest-free sum of between $100,000 and $250,000.

    Excerpt from a footnote in a financial disclosure form Donald Trump signed in 2018, reading, "Mr. Trump fully reimbursed Mr. Cohen in 2017."
    From a footnote in a financial disclosure form Donald Trump signed in 2018,

    Why is this footnote on page 45 important? Prosecutors say it reflects Trump's admission that he repaid Cohen's $130,000 hush-money outlay.

    In closing arguments Tuesday, prosecutors may well put People's 81 back on the courtroom display screens.

    They'll scroll past Trump's signature to page 45 and say the footnote proves the then-president knew he was reimbursing Cohen for hush money throughout 2017 — not paying legal fees as his falsified business records claimed.

    A court artist's sketch of David Pecker speaking in court and wearing a suit and tie.
    A court artist's sketch of former National Enquirer publisher David Pecker.

    9. The AMI non-prosecution agreement

    On September 21, 2018, lawyers for Pecker — then the National Enquirer's publisher — signed a non-prosecution agreement with federal prosecutors in Manhattan.

    This is the Department of Justice agreeing not to prosecute the Enquirer's parent company, AMI, for illegal 2016 contributions "to the campaign of a candidate for President of the United States."

    In return, Pecker and AMI's other officers and employees agreed to cooperate in the feds' investigation.

    An excerpt from the non-prosecution agreement between the Department of Justice and the parent company for the National Enquirer.
    An excerpt from the non-prosecution agreement between the Department of Justice and the parent company for the National Enquirer.

    Why is this non-prosecution agreement — People's Exhibit 182 — our ninth smoking gun?

    It shows Pecker admitting to same kind of federal campaign-contribution offense — in his case, for the $150,000 in hush money that silenced McDougal on Trump's behalf — that's at the center of the falsification case.

    An excerpt from the AMI non-prosecution agreement.
    An excerpt from the AMI non-prosecution agreement.

    The jury also knows that Cohen, too, pleaded guilty to this same offense: making an illegally high campaign contribution on Trump's behalf, in his case the $130,000 paid to Daniels.

    Jurors will be instructed by the judge on Tuesday that they cannot view the AMI agreement and Cohen's guilty plea as proof that Trump, too, violated federal campaign finance law — but these are tough bells to unring.

    Read Business Insider's deep-dive story on how the Federal Election Campaign Act is a central element of Trump's charges.

    10. Finally, a smoking micro-gun

    Finally, here's a smoking micro-gun with some assembly required.

    Once assembled, it bolsters Cohen's testimony that shortly after 12 noon on October 26, 2017, Trump gave his final approval to the hush-money payment.

    People's 373 is a bank document showing that on that day, First Republic Bank employee Melissa Duran processed Cohen's request for a $131,000 advance on his home-equity loan.

    People's 374 is an email showing Duran passing this request to her loan servicing department at 12:22 p.m.

    People's 349 is a call log showing that on that day, Cohen called Trump at 12:26 p.m. and Trump called Cohen at 12:34 p.m. Their two phones were connected for a total of 4 minutes and 29 seconds.

    A prosecution exhibit showing the key timing of a hush-money bank transfer.
    From People's 374

    Cohen testified that immediately after these calls with Trump, he took the elevator down from his Trump Organization offices at Trump Tower.

    Then, he told jurors, he walked across Fifth Avenue to his bank, to finalize the $131,000 transfer out of his home-equity loan, money he'd then wire to Daniels' lawyer the next day.

    "Do you have any doubt in your mind that Mr. Trump gave you the final sign-off to go ahead and make the payment before you went to the bank to complete that?" prosecutor Susan Hoffinger asked Cohen during redirect examination.

    "No doubt," Cohen answered.

    "Would you have paid Stormy Daniels the $130,000 had Mr. Trump not signed off?"

    "No, ma'am," Cohen answered.

    "Why not?" the prosecutor asked.

    "Because I wanted to ensure that I was going to get my funds back," Cohen answered.

    Read the original article on Business Insider
  • Polish official claims the US told Russia it would strike Russian targets in Ukraine if Putin used nuclear weapons

    Poland's Minister of Foreign Affairs Radoslaw Sikorski attends a news conference in Warsaw August 28, 2014. REUTERS/Przemek Wierzchowski/Agencja Gazeta
    Polish Foreign Minister Radosław Sikorski.

    • A Polish official said the US told Russia it would strike Russian targets in Ukraine if Putin used a nuke.
    • Former Russian President Dmitry Medvedev said such US strikes would result in a "world war."
    • Putin has regularly issued nuclear threats since Russia launched its full-scale invasion of Ukraine.

    Poland's foreign minister said the US had told Russia that it would strike Russian targets in Ukraine if Putin were to use nuclear weapons.

    In an interview with the Guardian, Radosław Sikorski seemed doubtful of Russia's threats about using nuclear weapons, saying: "The Americans have told the Russians that if you explode a nuke, even if it doesn't kill anybody, we will hit all your targets [positions] in Ukraine with conventional weapons, we'll destroy all of them."

    "I think that's a credible threat," he said. "Also, the Chinese and the Indians have read Russia the riot act. And it's no child's play because if that taboo were also to be breached, like the taboo of not changing borders by force, China knows that Japan and Korea would go nuclear, and presumably they don't want that."

    Former Russian President Dmitry Medvedev hit back at Sikorski's comments in a post on X, formerly Twitter, saying that US strikes on Russian targets would result in a "world war."

    "Americans hitting our targets means starting a world war, and a Foreign Minister, even of a country like Poland should understand that," Medvedev said.

    Russian President Vladimir Putin has consistently threatened to use nuclear weapons since Russia launched its full-scale invasion of Ukraine in February 2022.

    In September of that year — when Russia began the partial mobilization of reservists for the war — Putin raised the specter of nuclear war, adding that his warnings were "not a bluff."

    In February of this year, Putin made one of his most explicit threats after French President Emmanual Macron suggested NATO troops could be sent to Ukraine.

    Western nations "must realize that we also have weapons that can hit targets on their territory," Putin said, adding: "All this really threatens a conflict with the use of nuclear weapons and the destruction of civilization. Don't they get that?"

    In February, the Financial Times reported on the criteria that would lead Russia to consider a nuclear response, citing leaked documents.

    The criteria included conditions such as the destruction of 20% of Russia's strategic ballistic missile submarines or an enemy incursion on Russian territory, per the FT.

    In his interview with the Guardian, Sikorski also said that Europe had to learn to play the escalation game better by not fully revealing its hand to Putin.

    "Always declaring what our own red line is only invites Moscow to tailor its hostile actions to our constantly changing self-imposed limitations," he said.

    Read the original article on Business Insider
  • 21 states where recession bells are ringing after unemployment jumps

    deglobalization recession downturn inflation
    Rising unemployment in 21 US states points to a recession later this year, Piper Sandler's Nancy Lazar says.

    • Rising unemployment in nearly half of US states points to a recession this year, one economist says.
    • 21 states have seen a jump in joblessness over the last year, Piper Sandler's Nancy Lazar told BI.
    • Here are the states signaling a recession is on the way.

    Unemployment has risen sharply in nearly half of US states, paving the way for a recession later this year, one top economist says.

    Piper Sandler's chief global economist, Nancy Lazar, highlighted 21 states to Business Insider where three-month average unemployment has risen by at least 0.5 percentage points over the past 12 months. The states in question account for over 40% of US GDP.

    When unemployment has jumped by that much, in that many states, a recession has almost always followed, Lazar said. The economic indicator is known as the "Sahm Rule."

    Here are the 21 states signaling a recession may be on the way:

    1. Rhode Island
    Aerial panorama of Providence skyline on a late afternoon.
    Providence, Rhode Island.

    Three-month average unemployment rate: 4.03%

    Lowest unemployment rate in past 12 months: 2.63%

    Change: +1.40%

    2. Connecticut
    Hartford, Connecticut.
    Hartford, Connecticut.

    Three-month average unemployment rate: 4.47%

    Lowest unemployment rate in past 12 months: 3.33%

    Change: +1.13%

    3. Washington
    seattle

    Three-month average unemployment rate: 4.77%

    Lowest unemployment rate in past 12 months: 3.80%

    Change: +0.97%

    4. Louisiana
    shreveport louisiana

    Three-month average unemployment rate: 4.30%

    Lowest unemployment rate in past 12 months: 3.37%

    Change: +0.93%

    5. Maine
    Boats docked in Portland, Maine
    Boats docked in Portland, Maine.

    Three-month average unemployment rate: 3.27%

    Lowest unemployment rate in past 12 months: 2.40%

    Change: +0.87%

    6. New Hampshire
    concord new hampshire main street
    Concord, New Hampshire.

    Three-month average unemployment rate: 2.60%

    Lowest unemployment rate in past 12 months: 1.80%

    Change: +0.80%

    7. California
    San Francisco, California
    San Francisco, California.

    Three-month average unemployment rate: 5.30%

    Lowest unemployment rate in past 12 months: 4.50%

    Change: +0.80%

    8. West Virginia
    Charleston
    Charleston, West Virginia.

    Three-month average unemployment rate: 4.30%

    Lowest unemployment rate in past 12 months: 3.50%

    Change: +0.80%

    9. Oregon
    salem oregon
    Salem, Oregon.

    Three-month average unemployment rate: 4.20%

    Lowest unemployment rate in past 12 months: 3.43%

    Change: +0.77%

    10. Alabama
    Montgomery, Alabama

    Three-month average unemployment rate: 3.03%

    Lowest unemployment rate in past 12 months: 2.30%

    Change: +0.73%

    11. New Jersey
    Jersey City New Jersey
    Jersey City, New Jersey.

    Three-month average unemployment rate: 4.77%

    Lowest unemployment rate in past 12 months: 4.03%

    Change: +0.73%

    12. Montana
    Downtown Helena, Montana
    Helena, Montana.

    Three-month average unemployment rate: 3.27%

    Lowest unemployment rate in past 12 months: 2.53%

    Change: +0.73%

    13. Alaska
    Anchorage, Alaska.
    Anchorage, Alaska.

    Three-month average unemployment rate: 4.60%

    Lowest unemployment rate in past 12 months: 3.87%

    Change: +0.73%

    14. Arkansas
    little rock
    Little Rock, Arkansas.

    Three-month average unemployment rate: 3.50%

    Lowest unemployment rate in past 12 months: 2.83%

    Change: +0.67%

    15. Colorado
    Denver
    Denver, Colorado.

    Three-month average unemployment rate: 3.63%

    Lowest unemployment rate in past 12 months: 3.00%

    Change: +0.63%

    16. Maryland
    Baltimore, Maryland, downtown cityscape at dusk.
    Baltimore, Maryland.

    Three-month average unemployment rate: 2.50%

    Lowest unemployment rate in past 12 months: 1.90%

    Change: +0.60%

    17. Illinois
    Chicago
    Chicago, Illinois.

    Three-month average unemployment rate: 4.80%

    Lowest unemployment rate in past 12 months: 4.20%

    Change: +0.60%

    18. Oklahoma
    Oklahoma City
    Oklahoma City, Oklahoma.

    Three-month average unemployment rate: 3.53%

    Lowest unemployment rate in past 12 months: 2.97%

    Change: +0.57%

    19. Kentucky
    Louisville, Kentucky
    Louisville, Kentucky.

    Three-month average unemployment rate: 4.50%

    Lowest unemployment rate in past 12 months: 4.00%

    Change: +0.50%

    20. Ohio
    Cincinnati
    Cincinnati, Ohio.

    Three-month average unemployment rate: 3.83%

    Lowest unemployment rate in past 12 months: 3.33%

    Change: +0.50%

    21. Missouri
    Jefferson City Missouri
    Jefferson City, Missouri.

    Three-month average unemployment rate: 3.33%

    Lowest unemployment rate in past 12 months: 2.83%

    Change: +0.50%

    Read the original article on Business Insider
  • Donald Trump owns a multi-million-dollar fleet of VIP aircraft, including his prized Boeing 757 airliner. Take a look at his private collection.

    Trump onboard his Boeing 757 private jet.
    Trump onboard his Boeing 757 private jet.

    • Donald Trump's prized Boeing 757 private jet is a common backdrop at campaign rallies.
    • The aircraft is just one in a collection of personal planes Trump has owned since the 1980s.
    • The billionaire spent millions to outfit his fleet with gold-plated interiors and his family crest.

    Billionaire business tycoon and ex-US president Donald Trump has a history of flaunting his wealth.

    Among his most famous displays is the Boeing 757 private jet that became a centerpiece of his 2016 presidential rallies and has followed him on the campaign trail for his 2024 nomination.

    Dubbed "Trump Force One," the aircraft cost him a reported $100 million in 2011 and is outfitted with luxuries like an ensuite bedroom, several living areas, and the Trump family crest.

    Trump's collection of private aircraft dates back decades, though it has shrunk over the years.

    The billionaire has also owned Sikorsky S-76B helicopters, a nine-seater Cessna Citation X, and a Boeing 727 tri-engine airliner — the latter considered the original Trump Force One.

    Trump's prized Boeing 757 is among his most-flown private aircraft, having operated 72 flights so far in 2024.
    The old and new paint jobs on Trump's Boeing 757 private jet.
    The old (top) and new (bottom) paint jobs on Trump's Boeing 757 private jet.

    According to the aircraft-tracking website JetSpy, Trump's 757 plane, registered N757AF, has flown 133 total flight hours since January 1.

    That compares to the 270 total flight hours across 132 flights the 757 flew in 2023. Most of his flying is between Palm Beach and New York City-area airports, per JetSpy.

    The Trump Organization did not immediately respond to questions about Trump's jet usage.

    Trump brought the aircraft out of storage in 2021 and has since been seen flying between his various homes and court appearances.
    Trump's 757 dining room.
    The aircraft is designed to seat more than 250 people but Trump's can carry 43.

    During his four years as head of state, Trump traveled using the government's presidential fleet and likely did not expect to need his own aircraft so soon after winning his first presidential term.

    However, it didn't take long for him to spruce up the 757 with maintenance and a fresh paint job so that it could once again parade around the US.

    The aircraft, complete with his name plastered in giant letters across the fuselage, has been the backdrop of Trump's 2024 rallies.
    Trump Boeing 757
    The aircraft is regularly the backdrop of Trump's rallies.

    The 757 also served at his 2016 campaign rallies but with an old livery.

    "Branding is a very effective business tool. That's No.1," Trump told the Business Jet Traveller in 2011 before he ran for president. "I also enjoy the spotlight."

    However, it's an expensive and gas-hungry commodity, costing a collective $2.6 million in fuel and emitting about 4,100 tons of CO2 between 2023 and 2024, according to JetSpy data.

    The customized plane has living rooms, bedrooms, televisions, gold-plated seatbelts, and a dining room, among other luxuries.
    Trump's private bedroom on his 757.
    The bedroom aboard Trump's plane.

    Trump bought the 33-year-old aircraft from Microsoft cofounder Paul Allen, and the $100 million price tag includes the jet and the VIP refurbishments.

    The 757 is the second rendition of the ex-president's line of 'Trump Force One' planes. The first was an $8 million Boeing 727 tri-jet.
    Trump's 727 flying over his golf course in Florida in 2006.
    Trump's 727 flying over his golf course in Florida in 2006.

    According to The New York Times, Trump's ownership of passenger airliners dates back to 1997, when he acquired his multimillion Boeing 727.

    Registered as VP-BDJ and built in 1968, the aircraft previously flew for American Airlines. The aircraft has since been scrapped by a company called MotoArt, using parts of the fuselage to make keychains sold as "PlaneTags," according to the designer's website.

    The three-engine 727 aircraft is about half the size of the 757 and was reportedly still worth up to $8 million when sold, per the Times.
    Trump Boeing 727
    Trump's 727 private jet.

    Business Jet Traveler reported that the aircraft was sold in May 2011 after logging more than 40,000 flight hours.

    In 2009, an aircraft charter broker told CNN Money that the 727 was worth between $4 million and $8 million but would be expensive to maintain and operate due to its old age and three engines.

    Luxuries like gold-plated seatbelts, bedrooms, showers, theater, and bidet touted Trump's riches.
    Donald Trump in the seat of one of his Trump Shuttle airplanes.
    Very few photos are available of the 727 when it served as the billionaire's personal plane. This photo shows Donald Trump in the 727 when it served as a passenger airliner.

    Despite the fancy touches, the aircraft's costly operation made selling uniquely difficult.

    "The problem with that plane is that the direct operation costs are so high," the broker told CNN Money. "It has three engines, so it would cost about $10,000 an hour to fly."

    "There has to be a specific person who wants that plane — someone who wants it because it belonged to Donald Trump."

    Before the 727 was his personal plane, it was part of the 'Trump Shuttle' fleet — a now-defunct US carrier that the ex-president owned until 1992.
    Trump Shuttle Landing at National Airport
    Trump Shuttle eventually became American Airlines Shuttle via mergers. The brand ended in 2021 due to COVID-19.

    Trump bought a US airline called Eastern Air Shuttle and its 17 Boeing 727s in 1988 for $365 million, according to a Washington Post article from the same year.

    His vision turned the initially no-frills operation into a luxury carrier, outfitting the planes with luxe interiors, inflight calling, and free meals and drinks.

    The plan worked for a while, but the high operating costs weren't sustainable, and Trump Shuttle came under US Airways in 1992 and eventually American Airlines via a merger.

    Aside from his Boeing airliners, Trump has also galavanted around the world in a smaller Cessna Citation X business jet.
    Donald Trump's Cessna Citation X landing in New York.
    Donald Trump's Cessna Citation X is up for sale.

    The Trump Organization's website says the Cessna's size makes it useful for flying into smaller airports that the 757 can't.

    The speedy 1997 Cessna Citation X, registered N725DT, was regularly seen along Trump's campaign trail.
    Trump stepping off his Cessna Citation X.
    Trump stepping off his Cessna Citation X.

    The tail number nods to Trump Tower's New York City address, 725 Fifth Avenue, while the "DT" is Donald Trump's initials.

    Trump's Cessna was less flashy than his airliners, sporting just the family crest on the fuselage instead of his name in giant letters.

    The "rocket in the sky" had space for up to nine people in the usual luxe interior.
    cessna citation
    This is not the interior of Trump's specific Cessna, but the layout resembles photos of N725DT's cabin posted online.

    Trump's Citation X variant could fly up to Mach 0.92, making it the fastest purpose-made business jet in existence until the updated Cessna Citation X+ first flew in 2012.

    He could use it for longer journeys, like New York to California or Florida.

    The Cessna shuttled Trump to rallies in 2016, though at one point it was flying illegally.
    Donald Trump's Cessna Citation X landing in New York.
    Donald Trump's Cessna Citation X is up for sale.

    Trump failed to renew the Cessna's registration when it expired in January 2016 but continued to fly it until the error was caught about three months later, The New York Times reported. He said the FAA sent the renewal notices to the wrong address.

    Nevertheless, Trump avoided a lengthy re-registration process by establishing a new LLC in Delaware and selling the Cessna to that company.

    This triggered a temporary registration, which the Times reported is granted to new aircraft owners and lets the plane fly again almost immediately.

    However, Trump has recently sold the 27-year-old Cessna. FAA records show the jet was de-registered on May 13.
    donald trump manhattan court criminal trial
    Donald Trump's private jet fleet has shrunk amid his ongoing criminal trials.

    Jet Edge Partners, an Ohio-based aircraft broker, organized the sale of Trump's Citation X.

    Sale details are unknown, but private charter company EvoJets estimates the acquisition price of a used Cessna Citation X would be around $10 million.

    Beyond jet aircraft, Trump's fleet has sported one Airbus and three Sikorsky S-76 helicopters.
    Trump Sikorsky S76 helicopter
    Donald Trump's personal Sikorsky S76 helicopter.

    In addition to personal helicopters, the business mogul also owned a helicopter service called Trump Air as a connector to his Trump Shuttle flights, BJT reported.

    The service used Sikorsky S-61 and Boeing Chinooks before going under alongside the airline.

    In total, Trump has owned two 1989 S-76s, one 1990 S-76, and a Eurocopter Super Puma.
    Donald Trump in 1987, flying aboard his Puma helicopter from NYC to Atlantic City.
    Donald Trump, in 1987, aboard his Puma helicopter from NYC to Atlantic City.

    According to the Times' 2016 report, the two 1989 S-76s were worth $875,000, and the 1990 version was about $940,000.

    While billionaires like Elon Musk fly modern private planes built in the 2010s, Trump typically buys older aircraft. In 2016, he told the Times that this strategy ensured he got good value out of his fleet.

    "It was a little more plane than I needed, but I find it hard to resist a good deal when the opportunity presents itself," he said, referring to the 757.

    Probably his most famous helicopter, registered N76DT, sported the recognizable Trump logo and his staple red, black, and white livery.
    Trump Sikorsky S76 helicopter
    Donald Trump's personal Sikorsky S76 helicopter.

    Trump acquired N76DT in 2010 and used it for shorter hops on routes from New York to Boston and Washington, DC.

    According to the Times, the other 1989 Sikorsky was purchased in 2014, and the 1990 variant, registered N76TE, was bought in 2012.

    N76TE was used for things like marketing Trump's Scotland golf courses, taking the now-deregistered G-TRMP tail number in the UK.

    The helicopter interiors sport the same luxe vibes as his private planes, with Trump branding, leather seats, and gold finishings.
    Trump Sikorsky S76 helicopter
    Donald Trump's personal Sikorsky S76 helicopter.

    Famous for its use on "The Apprentice," the six-seater N67DT had two recliners and a four-person divan. The door panels were covered with leather and gold, and the wood interior was African mahogany.

    According to CNBC, the interior of the similarly-looking N76TE helicopter cost Trump $6 million thanks to the significant gold-plating.

    Since leaving office, Trump has put up two helicopters for sale, registrations N76TE and N76DT.
    Trump Sikorsky S76 helicopter
    The inside of N76DT.

    FAA records show neither is registered to an active aircraft, but both tail numbers have been reserved by Trump — likely to attach to any future helicopter or planes he chooses to buy.

    Trump's third S-76, tail number N7TP, is still registered with the FAA.

    The details of the sales are unknown, but The Independent reported that pre-owned S-76Bs typically sell for around $ 1 million.
    Trump Sikorsky S76 helicopter
    Donald Trump's personal Sikorsky S76 helicopter.

    When Trump put N76DT on the market, anyone could bid. The aircraft had operated some 20,000 flights in its 30 years of life.

    The sale of both helicopters would bring Trump's once five-strong fleet of personal aircraft down to two.

    Despite selling off some of his aircraft, Trump has still held onto two — and he's hoping to keep them amid his ongoing legal battles.
    Trump sitting inside his 757.
    Former President Donald Trump bought his plane in 2011 for a reported $100 million and the two since became closely linked.

    The Associated Press reported in March that the ex-president could have lost his prized 757 had he not settled the $454 million civil penalty he owed New York after losing a recent fraud case.

    Considering the 757 aircraft has not only become an iconic symbol of Trump's riches as he vyes for the 2024 presidency, it's unlikely he'll willingly part with the VIP plane anytime soon.

    Read the original article on Business Insider
  • Photos show Jeff Bezos’ style glow-up over 30 years, from bookish businessman to a Vogue photo shoot and the Met Gala

    Jeff Bezos poses with a book in an Amazon warehouse in Seattle, Washington, on January 1, 1997.
    Jeff Bezos poses with a book in an Amazon warehouse in Seattle, Washington, on January 1, 1997.

    • Jeff Bezos' public image has changed a lot in the 30 years since he started Amazon.
    • The billionaire has shed his boring business attire and experienced a fashion glow-up.
    • Here's a closer look at the evolution of his style and persona over the years.

    Jeff Bezos is in his "mob chic" era, but it wasn't always this way.

    The Amazon cofounder's style and persona have changed a lot over the years, from bookish founder (quite literally in Amazon's early days as a bookseller) to space cowboy at Blue Origin and a Vogue photo shoot.

    Here's a look at Bezos' fashion transformation over the years:

    In Amazon's early days, Bezos wore pretty run-of-the-mill business attire.
    Jeff Bezos stood whilst leaning on two stacks of books
    Amazon was originally an online bookseller.

    Take this photo of Bezos in 1997, three years after he started Amazon.

    Here he is again in a similar outfit, donning a blue dress shirt, black jacket, and beige trousers.
    Jeff Bezos young wearing a light blue shirt and beige trousers
    Early photos of the Amazon founder often show him in khaki pants.

    A 1999 Wired profile of Bezos says, "For the kind of shopper Bezos represents, utility is, of course, a mantra. His wardrobe consists of white or blue dress shirts and a pair of khaki pants."

    He occasionally opted for this pretty standard combo of a sweater over a collared shirt.
    Jeff Bezos smiling whilst his arms are folded
    Bezos wears a sweater over a collared shirt in the early days of Amazon.

    "Back in the late '80s in New York, when he had to wear a suit every day to the office, he gained a preference for shirts with hidden snaps under the collar points for easy tie removal," the Wired profile continued.

    "He has trouble locating this style in the Pacific Northwest, so now he buys a pack of standard snapless shirts and has the snaps sewn on," it said. "When he discovers a pair of shoes he likes, he'll buy four pairs at once and wear them in regular rotation for years."

    Over the years, Bezos started swapping his khakis for blue jeans more frequently.
    Jeff Bezos
    Bezos often paired blue jeans with a button-up and jacket.

    The result was a more casual take on business wear.

    In fact, he frequently wore jeans when speaking at Amazon events.
    In this June 16, 2014, file photo, Amazon CEO Jeff Bezos walks onstage for the launch of the new Amazon Fire Phone, in Seattle.
    Bezos projected a more casual look with jeans.

    One such example is this 2014 launch of the now-discontinued Amazon Fire Phone.

    Of course, Bezos dressed in more formal business attire in certain cases that necessitated it.
    Jeff Bezos, Larry Page, and Sheryl Sandberg
    From left to right, Jeff Bezos, Larry Page, and Sheryl Sandberg.

    Bezos made some changes to his style handbook around 2017.
    Mark Bezos, left, and Jeff Bezos seen on day two of Summit LA17 in Downtown Los Angeles's Historic Broadway Theater District on Saturday, Nov. 4, 2017, in Los Angeles.
    Jeff Bezos, right, and his brother, Mark Bezos, left, in 2017.

    He's channeling cool guy energy with the leather jacket and laid-back outfit.

    And who could forget one of his most famous looks?
    jeff bezos blue origin amazon founder sunglasses tough face GettyImages 813884326 4x3
    Jeff Bezos sported a polo and vest to Sun Valley in 2017.

    Bezos turned heads at the annual Sun Valley conference in 2017 with this iconic look that's almost giving Arnold Schwarzenegger in "Terminator."

    If there was any doubt, this appearance confirmed a new Bezos had hit the scene, as media and casual onlookers alike noted his physical transformation from scrawny to brawny.

    At Blue Origin, Bezos embraces another look entirely: Western-inspired spaceman.
    Jeff Bezos wearing a cowboy hat and blue Blue Origin jumpsuit
    Jeff Bezos walks near Blue Origin's New Shepard suborbital spaceship after flying into space.

    Bezos, his brother, and some other passengers flew to the edge of space in 2021.

    Donning a cowboy hat and boots with his blue flight suit, he's another Bezos entirely.
    photo of Jeff Bezos wearing Blue Origin jumpsuit and cowboy hat
    Bezos' cowboy hat completed the look.

    Reddit users dubbed the look "space cowboy billionaire."

    A Vogue spread on Bezos and fiancée Lauren Sanchez further cemented the image.
    In his off time, particularly since he stepped down as CEO of Amazon in 2021, Bezos varies his outfits a lot more.
    Jeff Bezos and his fiancée, Lauren Sanchez
    Jeff Bezos and his fiancée, Lauren Sanchez.

    Here he and Sanchez wear casual clothes while on vacation.

    While on a ski trip in Aspen, Colorado, Bezos and Sanchez looked cozy.
    Jeff Bezos and Lauren Sanchez in Aspen, Colorado, last holiday season.
    Jeff Bezos and Lauren Sanchez in Aspen.

    If not for their bodyguards, they just might've blended in with the crowd pretty well in these pretty inconspicuous winter outfits.

    Here's the couple at a fashion show last year.
    Lauren Sanchez and Jeff Bezos attend the Staud fashion show in September 2023.
    Lauren Sanchez and Jeff Bezos attend the Staud fashion show in September 2023.

    Bezos once again shows his affinity for a shirt-and-vest combo.

    Of course, Bezos attends plenty of galas, fundraisers, and other social functions, as you'd expect of one of the world's richest men.
    Jeff Bezos and Lauren Sanchez attend the 2024 Met Gala.
    Jeff Bezos and Lauren Sanchez attended the 2024 Met Gala.

    One such event was the 2024 Met Gala, to which he wore this black tie ensemble.

    Bezos and Sanchez looked considerably more casual trying to blend in with the crowd at Coachella.

    https://platform.twitter.com/widgets.js

    Rumors speculated that Bezos' butterfly shirt was a relatively cheap top from Amazon, though neither Amazon nor Bezos has confirmed if that was the case.

    He sported one of his most fun looks while ringing in 2022 with Sanchez.
    Jeff Bezos in sunglasses with Lauren Sanchez
    Amazon founder Jeff Bezos parties at New Year's with fiancée Lauren Sanchez.

    (Novelty glasses included.)

    So much has Bezos' style evolved over the years that he's drawn comparisons to Pitbull.

    And hey, with his renown as one of the world's richest people, he might just give Mr. Worldwide a run for his money.

    https://platform.twitter.com/widgets.js

    Read the original article on Business Insider
  • A boomer moved from Texas to Missouri for her retirement thinking everything would be cheaper. She was ‘so wrong.’

    The Gateway Arch, St Louis, Missouri.
    Donna, who recently retired, wasn't expecting St. Louis to be as expensive as it is.

    • A boomer partially regrets moving from Dallas to St. Louis due to unexpectedly higher living costs.
    • She moved to Missouri to be closer to her son, and she loves the weather and friendliness of locals.
    • About 494,000 people moved out of Texas between 2021 and 2022, while over 668,300 people moved in.

    Donna, in her 60s, lived in the Dallas-Fort Worth area for decades, but she and her husband wanted to be closer to their son in St. Louis for their retirement.

    "We thought: Midwest — not everyone wants to live there. It must be less expensive," Donna said. "We were so wrong."

    Donna, who asked to use just her first name for privacy reasons, said she regrets the decision in some ways. She said nearly everything is more expensive in St. Louis compared to Dallas, from groceries to gas to various taxes. While she loves how friendly everyone is and the more moderate weather, she sometimes thinks she "should have stayed in Texas," even though it was never where she envisioned herself retiring.

    "People say, you lived in Texas for 40 years, so that's probably where you belong, but I still never felt like I belonged," Donna said.

    Several former Texans previously told Business Insider that they left the Lone Star State in search of cheaper living costs, better weather, slower paces of life, and political reasons. Those leaving in 2022 tended to be younger, according to a BI analysis of individual-level data from the Census Bureau's 2022 ACS, assembled by the University of Minnesota's IPUMS program — 37.3% were millennial, while 31.2% were Gen Z. The average salary of those moving away was $50,428 a year in 2022, with two-thirds employed.

    Census data shows that between 2021 and 2022, about 494,000 people moved out of Texas, while over 668,300 people moved in. Nearly 9,200 people moved from Texas to Missouri during this period.

    Leaving Texas, moving to Missouri

    Donna moved around the northern US and Europe growing up, as her father was in the Air Force, and her family eventually settled in the Dallas-Fort Worth area. After college, she moved back to the area and got a job as a paralegal before working for an information technology company.

    She formally stopped working after adopting her last kid, while her husband retired right before the pandemic. Though both lived in Texas for over 40 years, they knew Texas never felt like their permanent home.

    Their son attended the University of Missouri, where her husband went, and he settled in St. Louis. Donna and her husband were looking for a new state for their retirement, as she knew she couldn't stand another Texas summer.

    "When I got situated in Texas, I just didn't feel like I fit in. I wasn't a Southerner. I wasn't a Texan," Donna said. "It surprises me everybody's moving to Texas. I'm like, you know how hot it is here."

    They moved to Missouri to be closer to their son and escape the heat.

    "We didn't want to just be the parents that lived somewhere else and came in on a plane to visit you for a couple of days and then they were gone," Donna said. "We wanted to actually be close to him."

    They looked around St. Louis for two years but couldn't find much on the market. They would fly in, tour five homes, and nearly all would be bought by the end of the day. She said the ones that weren't selling fast would be built on hills or back up onto a highway. Finally, she got the call for a new home on the market. She flew in on a Friday morning in January 2020 by herself, and by that night, they signed.

    The home was bigger and more expensive than what they originally wanted, though they were grateful to find something that worked. They loved the neighborhood, and they envisioned they would renovate the Missouri home while working on selling the Texas home. The process took longer than they expected, though they eventually got a buyer.

    Learning the hard way

    Donna said she immediately felt like she was missing home once she moved in September 2020. Still, she was optimistic about life in Missouri, as she figured it was quieter and slower-paced.

    Her new neighborhood was similar to Dallas, though she said it's more spread out. It's taken some time to get used to driving everywhere, which she said has been burdensome as they age. Still, she values having many hills and trees, unlike in Texas, where her community was more flat and monotonous. Her new neighborhood is also more family-oriented and diverse, though she said her neighbors were confused about why she would move from Dallas, which they perceive as a "real sexy place to live."

    "The people in St. Louis are so friendly and so helpful," Donna said, noting that many of those she knew in Texas were friendly "on the surface" and didn't often go out of their way to say hello. "If you go into, say, a Lowe's, and you need help, oh my gosh, you're going to get help. People here are hardworking, and they don't complain."

    Acknowledging that she should have researched some of the hidden costs, Donna said everything was unexpectedly a lot more than she thought. She noticed first that gas was more expensive in Missouri; though Texas and Missouri, on average, are now about the same per gallon nationally, she said her area is about 75 cents more expensive per gallon than where she lived in Texas. In her area, she saw just two grocery chains whose prices for some items were nearly 40% more expensive than in Dallas.

    She knew Missouri had individual income taxes, unlike Texas, which she didn't worry too much about as she and her husband's income dropped in their retirement. Her property tax is about the same as in Texas. However, she didn't expect to pay $89 more a month on her car lease when she changed her address. She said she even had to pay $50 more per month at her gym for the same membership.

    She added that she's had to get permits to install a new dishwasher and turn on irrigation for the spring. And her sales tax in St. Louis is nearly 10%, compared to 8.25% in Dallas.

    In addition, she said the quality of her Missouri home is not as robust as in Dallas, as she's had two leaks so far in the winter, and cold air seeped in quite frequently.

    Regardless, she's remaining positive about her future in Missouri. She's scheduled various home fixes, and she's gotten closer to many of her neighbors. She is also comforted by living closer to her son after years apart. And she's keeping the thought of downsizing when the market changes in the back of her mind, but she's taking it day by day.

    "I'm thinking it'll take us a couple of years to see if this feels like home or is it still not right," Donna said. "Maybe I just never found the right place, and possibly that's because, as a military brat, I don't really have a hometown. I don't know where I belong."

    Have you recently moved to a new state or country? Reach out to this reporter at nsheidlower@businessinsider.com.

    Read the original article on Business Insider
  • I flew in JetBlue’s private ‘apartment’ for a 6-hour flight. The extra space made business-class travel even better.

    A JetBlue airplane, slippers, headphones, and a cup of gelato in a collage.
    JetBlue's Mint Suite has more space than its regular business-class seats.

    • I was on JetBlue's inaugural flight from New York City to Edinburgh.
    • I spent the six-hour trip in its business class "apartment," called the "Mint Studio."
    • The studio had a bench, a cabinet with a mirror, and the largest TV of any airline.

    It's not often you get your own apartment in the sky.

    When I joined JetBlue for its inaugural flight to Scotland on May 22, I wasn't expecting to be in its "Mint Studio," a space my flight attendant described as an "apartment New Yorkers would kill for." But when I saw "1F" printed on my boarding pass, I knew I was in for a treat.

    The front row of business class, the Mint Studio is JetBlue's most spacious option, with prices from around $4,000. Business Insider paid a press rate of $1,300, including a return flight in the airline's "Even More Space" economy section.

    While the "apartment" makes for a comfortable transatlantic flight, it's not something I'd splurge on. Here's what it's like.

    As the first seat on the plane, the studio has the most space.
    JetBlue's Mint Suite.
    JetBlue's Mint Suite.

    The studio easily offers the most room of any airline I've ever flown.

    It's got even more space than the rest of JetBlue's business class seats. There's more leg space than I could ever use — a luxury as the rest of plane seats seemingly continue to shrink.

    It comes with a small cabinet to store belongings.
    The cabinet, with a small mirror and a hook for belongings.
    The small cabinet had a hook and a mirror.

    I stowed a few in-flight necessities in the cabinet, which I thought was a nice touch. It also has a mirror, so passengers can do some pre-arrival primping.

    The food was the same as in the rest of the cabin.
    Clockwise: Farro salad, a dinner roll, Cavatelli pasta, chilled soup.
    The dinner in Mint business class.

    I've always thought JetBlue's dining options are among the best, and the same applies here. The menu was the same as my flight to Paris last year: A farro salad, Cavatelli pasta, chilled soup, and gelato.

    The TV is massive, and the in-flight entertainment options are expansive.
    The TV screen, with "Hi, Jordan" displayed on the screen.
    The TV welcomed me with a personalized greeting.

    The television in the apartment is 22 inches — five inches larger than the TVs in other business-class seats. Per JetBlue, it's actually the largest screen of any US airlines.

    I made good use of the screen: I didn't struggle finding anything to watch, as there were plenty of movies and shows to choose from. It even had a selection of A24 films, some of my favorites.

    The studio’s pièce de résistance is its extra seat.
    The Mint Suite.
    The bench, to the left of the seat pictured, adds extra space when the seat is reclined.

    The apartment has a small bench, which apparently you can use to host other passengers, according to the website.

    Even if I wasn't traveling solo, I can't see myself wanting to have another person in the little room. I imagine the space would be best used for a parent wanting to watch a movie or hang out with their kid.

    The bench adds some extra space to the lie-flat seat.
    The lie-flat seat reclined in JetBlue's business class.
    The extra space added by the bench makes for a comfortable overnight flight.

    For me, this was the seat's only real use case, other than having another place to put some of my belongings.

    When the seat is fully reclined, the bench adds quite a bit of extra room. The added space is great for anyone who tosses and turns in their sleep, and I ended up being able to sleep for the majority of the flight.

    Still, I can’t say it’s much better than its regular Mint seats.
    The author takes a selfie in her seat.
    The Mint Suite is a nice way to fly — but I don't know if I'd splurge on it.

    The best part of the seat was the bench, which offered some extra space once the seat was laid flat. Even so, I can't say it's something I'd spend extra money on.

    The flight experience is the same: You get the same food, amenities, and entertainment selections as the rest of Mint. I can see the bench coming in useful for parents traveling with kids, but for anyone just wanting to sleep their way over the Atlantic, the rest of business class gets the job done — for less money.

    Read the original article on Business Insider
  • A homeless Iowa mom of 2 is struggling to find a landlord who will accept her housing voucher before it expires. The state is making it harder by allowing landlords to discriminate against her.

    An aerial view shows homes in Jesup, Iowa. Republican presidential candidates are currently criss-crossing Iowa as the states January 15 Republican caucus draws near.
    An aerial view shows homes on December 20, 2023 in Jesup, Iowa. In 2021, Iowa passed a law barring cities and counties from protecting voucher holders from overt discrimination by landlords.

    • Stephanie Quinn was forced to move out of her Farley, Iowa, apartment this spring.
    • Quinn's Section 8 voucher and her children's schooling hinge on finding new housing by July 11.
    • Iowa law allows landlords to refuse vouchers, complicating Quinn's search for a new home.

    Stephanie Quinn was at work when her kids, 10 and 12, received a paper notice from their landlord informing them that the family wouldn't be offered a new lease on their three-bedroom apartment in Farley, Iowa.

    A 43-year-old mother of two, Quinn had 30 days to move out of the place she and her kids had called home for five years. The family has spent the last nearly two months staying with Quinn's boyfriend in his one-bedroom apartment, so that the kids can finish out their school year. But the living arrangement isn't sustainable, and Quinn has a looming deadline to find a new home.

    That deadline — July 11 — is imposed by the state housing authority and applies to Quinn's Section 8 housing choice voucher, which she's had for about 12 years. Quinn suffers from Charcot-Marie-Tooth disease, which affects her motor and sensory nerves, compromising her mobility in her arms and legs. Though she receives about $1,000 per month in social security disability insurance, she also works at a local Subway sandwich shop to make ends meet.

    If Quinn doesn't find a new apartment with a landlord who will accept her voucher before July 11, she'll lose the crucial housing benefit, according to paperwork she received from the housing authority, which Business Insider reviewed. With the voucher, Quinn paid up to about $250 of her $875 rent each month, as the program requires tenants to spend no more than 40% of their income on rent. If she loses her voucher, it would likely take years to get another.

    "I'd have to go back on waiting lists, and I'm actually on a whole bunch of other waiting lists for income-based places, too, and they're about five years away," Quinn told Business Insider.

    Iowa lets landlords refuse voucher holders

    Quinn says she's contacted close to 30 landlords since March. Many have simply told her they don't accept housing vouchers. In 17 states and Washington, DC, turning an applicant down solely because they have a voucher is illegal — the practice is known as "source-of-income discrimination."

    But in Iowa, the practice is allowed. In 2021, the state passed a law barring cities and counties from protecting voucher holders from overt discrimination by landlords.

    Quinn received a list of apartment options from the local housing authority, but the listings are mostly outdated. So she's turned to looking for rental listings on Zillow, Trulia, and even Facebook and Craigslist. But when she's inquired with these landlords and informed them that she has a voucher, they've largely rejected her outright.

    "It was a complete 'no' right away and 'no we don't do that, no we don't accept it,'" she said. "If it wasn't on the housing list, I pretty much got a no."

    Quinn has found a few property owners who say they'll take her voucher, but they're almost an hour away from Farley and Quinn needs to stay in the area to keep her kids enrolled in their school.

    Once school lets out for summer break, Quinn's kids will move in with a close friend in Dubuque until Quinn can find a new apartment. If she doesn't find a new home in the area before July, she's worried she'll have to temporarily put her kids in foster care so they can continue attending their school.

    Quinn is also concerned she won't live close enough to her 83-year-old grandmother, who she's the sole caretaker for. And she fears having to give up her job. The managers at her Subway shop have been very accommodating of her needs, purchasing special knives she can use and exempting her from finding replacements to take her shift when she's out sick.

    "I'm so upset that if I can't find something nearby, I have to leave this job," she said.

    A crucial but flawed benefit

    The federal Housing Choice Voucher Program is the biggest — and most effective — American housing assistance program. It aids about 5 million people in 2.3 million households who make less than 50% of their area median income to find rental housing on the private market. But a declining number of landlords across the US are accepting the vouchers, and a growing number of recipients are failing to secure housing through the program, Business Insider recently reported.

    At the same time, the program is severely underfunded. Quinn is among the one in four eligible Americans who actually receive a voucher. And the average wait time for recipients is two and a half years. About 10 million additional low-income households are going without the help they qualify for.

    Like Quinn, many voucher holders struggle to find a home that meets the program's requirements and a landlord willing to accept the applicant within the limited time — as short as 60 days — allotted to find a unit. Nationwide, only about 60% of voucher recipients are successful in finding a home with the subsidy.

    Housing experts have found that the home inspection process is a major pain point in the program. Before a voucher recipient can sign a lease on a home, it must be inspected by the local housing authority to make sure it meets a slew of health and safety standards. But that process can create lengthy delays, cause landlords to keep a unit empty and miss out on rent payments, and ultimately result in the voucher holder losing out on the home.

    But before a voucher recipient can even get to the inspection process, they need to find a suitable home that will take a voucher. Many landlords reject voucher holders even in places where source-of-income discrimination is illegal.

    The deck is even more stacked against low-income people in a state like Iowa.

    Quinn hopes her story will help others in even worse situations. "I've got a good family support system, and I know a lot of people don't have that," she said.

    Are you a housing voucher recipient or a landlord who's struggled with the housing voucher program? Reach out to this reporter at erelman@businessinsider.com.

    Read the original article on Business Insider
  • A millennial who made over $300,000 secretly working 2 remote jobs says he’ll do whatever he can to ensure he never has to commute to work again

    man overemployed remote worker
    An overemployed remote worker says he's clinging to his remote jobs so he can avoid commuting to work. The worker in the story is not pictured.

    • A US millennial made over $100,000 last year secretly working multiple remote jobs. 
    • But hiring slowdowns and return-to-office mandates have made it harder for him to find new roles. 
    • He said he'll do whatever he can to avoid commuting to an office for work. 

    Charles is willing to go above and beyond to make extra moneyexcept go into an office.

    Back in 2019, the tri-state area-based consumer product professional had a friend who needed some help with some freelance work, he told Business Insider.

    Charles took on the side gig, figuring he could use the extra income to save up for a Tesla. Since his main job was remote, he said pulling off the side gig wasn't difficult.

    After doing this for about two years, the work ended, but Charles had grown used to the extra income — so he decided to look for other remote opportunities. It was fortunate timing for Charles, as the pandemic had forced many companies to pivot to remote work. He said he had little trouble finding work-from-home positions.

    "There were times when I was just sitting around with nothing to do at my main job for weeks," said Charles, whose identity is known to BI, but he asked to use a pseudonym due to his fear of professional repercussions. "So I'm either going to stay productive by finding other remote work or just wasting time and leaving money on the table. Why wouldn't I take on more responsibilities if I can manage them?"

    Charles, who is in his 30s, is among the Americans secretly working multiple jobs to boost their incomes. Over the past year, Business Insider has interviewed roughly 20 job jugglers, many of whom are in the IT and tech industries, who've used the extra money to pay off debt, save for retirement, and afford weight-loss drugs. While some employers may be okay with their workers having a second job, doing so without employer approval could have repercussions.

    Over the last few years, Charles has worked a mix of remote full-time and contract jobs simultaneously while keeping his overemployment a secret from his employers. Job juggling helped him earn over $300,000 in 2021, over $200,000 in 2022, and over $100,000 in 2023, according to documents viewed by Business Insider. Charles said this money made it possible for him to pay off debts, make home improvements, buy a rental property, invest in a personal business venture, and purchase a new car.

    But over the past year, he said the job market for the types of roles he's interested in has "dried up." That's because some companies in his industry have scaled back hiring, while others are mainly recruiting for in-person or hybrid roles. It's left him clinging to his two remaining remote jobs, which have allowed him to not only bring in extra income — but avoid the dreaded work commute.

    "Why would I leave the good job that I have where I'm 100% remote still and I don't have to go into the city?" he said. "I'd be getting up at 6:00 a.m. in the morning and not getting home until 6:00 or 7:00 p.m. if I'm lucky. No thanks."

    Charles added that commuting to work could cost him several hundred dollars a month.

    While juggling multiple full-time jobs can be very lucrative, fierce competition for remote gigs has made this unattainable for many workers. For example, the share of US fully remote job postings on LinkedIn fell from over 20% in April 2022 to about 10% in December 2023. Hiring slowdowns in industries like tech — where remote work and overemployment are more common — and shifts to hybrid working arrangements have both played a role in this decline.

    But despite this dropoff, job seekers' demand for remote roles remains strong — LinkedIn said fully remote jobs accounted for nearly half of all applications in December.

    Charles said he understands why some companies have shifted to a hybrid model — he presumes it's to keep closer tabs on workers — but he said he'll do everything he can to avoid a commute.

    To prevent his employers from suspecting his job juggling, Charles said he uses separate laptops, phones, and calendars for each job. He said he's typically able to complete his tasks for both jobs without having to put in extra hours.

    "If I am in a meeting with one job that doesn't require me to speak up, I will be doing work on the other laptop for the other job," he said.

    If an employer were to discover his overemployment, he said he wouldn't simply give it up.

    "I do my work from home, and people are happy with what I do," he said. "If a company wants to come after me for extra earned income because of some anti-overemployment policy, I'll fight it."

    Are you working multiple remote jobs at the same time and willing to provide details about your pay and schedule? If so, reach out to this reporter at jzinkula@businessinsider.com.

    Read the original article on Business Insider
  • Robinhood CEO explains the origin of the app’s name — and why half the company hated it early on

    Robinhood CEO Vlad Tenev
    Vlad Tenev cofounded Robinhood in 2013.

    • Robinhood CEO Vlad Tenev explained the app's name choice in a recent podcast interview.
    • When first presented, half of the company feared it would push wealthier customers away.
    • Tenev says the name is effective at capturing attention, even if it sparks debate. 

    Robinhood CEO Vlad Tenev knows that the company's name is somewhat controversial — but that's part of the point.

    Tenev said in an episode of "The Logan Bartlett Show" posted on Friday that he wanted the name to be disruptive and go against the traditional norm of other financial companies.

    "We wanted it to be brave and bold and courageous," Tenev said.

    The CEO said the origin of the name comes from when the company was just starting and he was dating his now-wife. At the time, when she introduced him to her friends and said he worked in finance, there would be "a little bit of a groan," Tenev said.

    "They thought I was some kind of investment banker or venture capitalist," Tenev said.

    Tenev's wife would counter the reaction by saying he was the "Robinhood of finance" and "trying to help the little guy."

    Tenev said that he liked the sound of that.

    "Our thoughts were that if the name elicited strong reactions, even if they weren't all positive, at least it would be memorable and that would be better than kind of a name that everyone was okay with," he said.

    While Tenev and fellow cofounder Baiju Bhatt both loved the concept, the company had about 10 employees at the time and reactions were split, Tenev said. Half of the company loved the name and the other half hated it.

    With many financial services companies serving a base of wealthier people, there was a fear that the name would scare off those customers, Tenev said.

    Ultimately, they decided to go with Robinhood, and it's become a big part of the brand and its messaging, Tenev said. But years later, he wonders if the company would have received less criticism if it had gone with a different name.

    "If we named the company Omaha, would Warren Buffett be criticizing it as aggressively?" Tenev said, referring to the billionaire's birthplace. "Because he, you know, he can't criticize Omaha. I think we could've avoided that."

    Billionaire Warren Buffet and his longtime business partner Charlie Munger, who died last year, both vocally criticized the company, accusing it of treating the stock market like a casino and encouraging short-term trading.

    [youtube https://www.youtube.com/watch?v=p_yeqqG6RDc?si=pKqK4PzoJ3Vnc1Zg&start=207&w=560&h=315]

    Tenev also said that there's also been some backlash of the brand's message, like with the meme stock situation a few years ago.

    The meme stock trading frenzy in 2021 involved a wave of new and inexperienced investors to the investment platform, interested in specific stocks like GameStop and AMC Entertainment. Following the surge, Robinhood faced criticism for restricting trading on certain meme stocks during the peak of that period.

    But overall, Tenev said it's tried to be consistent from the beginning about its messaging and separating itself from other financial companies — and if they chose a name that was more positive, maybe it wouldn't have been as memorable.

    Read the original article on Business Insider