• Our son attends local classrooms while we travel. We noticed primary schools in Europe let kids be kids.

    Lana Katsaros with her husband and son in Europe.
    Lana Katsaros and her husband homeschool their son.

    • Homeschooling our son allows my family to travel. 
    • In addition to our son's homeschooling curriculum, he has attended schools in different countries. 
    • We've noticed differences — and similarities — between the schools he attended in Europe and the US.

    My son has been homeschooled, essentially, his whole academic life. Because of this, we're able to travel multiple times each month without worrying about him missing school. I am a writer and my husband is a film and TV composer as well as an investor, which also makes this possible.

    Not only can we take my son's work with us, but he has also been able to experience schooling in various countries by joining classrooms and homeschool groups throughout our travels. His curriculum is based in the United States, but integrating local schools helps him learn different languages, culture, and of course, make friends.

    Because we have spent extended periods of time in Portugal, the Netherlands, and Italy, we have been able to experience how a few schools in these places approach education more intimately. While we've experienced some similarities across the schools he's attended, like classroom size and curriculum structure, we also noticed distinct differences in approach.

    School was low-stress in the Netherlands

    Where we lived in the Netherlands, children as young as four years old often happily walked themselves to school. The school my son attended in the Netherlands was run like a well-oiled machine, yet they still maintained a playful and innocent atmosphere.

    The school administrators were strict about timeliness — I often witnessed that if students arrived even one minute late, they were considered late, with no exceptions. However, discipline for kids was simply a stern talking-to from teachers. Teachers told us that if children had issues with each other, they were expected to sort it amongst themselves, while the adults observed from a distance.

    Friends who had kids at other schools in the Netherlands confirmed that this focus on independent conflict resolution with minimal adult intervention was common. Play was the central focus of the day for children until they were about seven years old. The primary focus during those early years was on children learning to coexist with one another rather than academics.

    Learning to swim was also a significant focus in the early years in the Netherlands and considered more critical than learning to read by many locals we spoke with. Once compulsory, now only some schools integrate swim classes into the curriculum. Given the numerous canals everywhere, this emphasis is understandable.

    Children at my son's school spent a large portion of their day outdoors, regardless of the weather, which parents said was typical. The Dutch often say, "There is no such thing as bad weather, only bad clothing." At school, my son assisted in preparing daily vegan meals, and occasionally brought home crafts to do.

    Friends who had older kids in the Netherlands told me that the homework increased once they hit middle school, where there was more of an emphasis on academics. I truly appreciated this low-stress setting we encountered during our son's primary school years.

    Lana Katsaros with her son and husband.
    Lana Katsaros says that homeschooling allows her family to travel without worrying her son will miss schoolwork.

    We saw more emphasis on collaboration than individual performance in Portugal

    In Portugal, there was an emphasis on projects that children completed together to enhance their collaboration skills, and praise was often based on the collaboration itself rather than individual performance.

    We noticed that children rarely had packed schedules filled with extracurricular activities like in the US, and often stayed up very late at night with their families, based on our own observations and talking to Portuguese parents.

    While I adored the genuinely "crunchy" vibe of the schools my son attended and the kindness of the teachers, I believed our son would benefit from more structure and consistency in his routine. So, for a time, we supplemented even more than our usual load of schoolwork at home to provide more academic consistency during his short stint at a Portuguese school and eventually transitioned to only homeschooling again and met with a homeschool group for field trips.

    We noticed less encouragement of competition in Italy than in the US

    At the school my son goes to in Italy, it was immediately evident that food and dining is treated as an important part of the school day. Students are given a proper dining experience with formal table settings. The primary schools get a full two-hour break in the middle of the day including lunch and free time, known as riposo, lending to a much longer school day overall.

    Football (soccer) is also taken seriously, so most schools we visited have specialized schedules specifically for children who play and perhaps want to pursue it as a career. Participation in the arts, football, and music is encouraged, but football is by far the most popular activity at our school and in our region.

    As for the emphasis on the curriculum, so far, it seems far less rigid than in the US. Cognitive and social skills appear to be the primary objectives, rather than a heavy focus on testing. There is almost no encouragement of competition that we witnessed, as collaboration seems to be the focus until middle school.

    My son is not yet in middle school, but from what I've heard both in preliminary conversations with schools, open days, and from Facebook groups with other expat parents, it sounds like middle school takes a more rigorous academic approach across Europe. For example, some countries, like Italy, expect children to know their primary focus of study by the time they enter high school, and then are placed in a specialized school program geared towards that interest area. Middle school seems to help form this decision by focusing on more specific subjects like robotics, engineering and anatomy, as they are already expected to know how to work together.

    The unifying theme we observed throughout the schools in Europe that our son has attended, regardless of the country, was to allow children to be children and let the serious learning come later. At almost all the schools my son attended or toured, more importance was placed on children's ability to coexist together, work on projects and tasks collaboratively, than on core subjects like math, science, and history in those early years.

    Each country had something we cherished and something we had to learn to adjust to. Overall, compared to our group homeschooling experience in the US, I would say that the primary schools in the European cities we joined were far less stressful. The academics seemed to get prioritized more as the kids got older. This makes me really appreciate how the lower grades focused on collaboration and coexistence.

    Read the original article on Business Insider
  • Modi’s election surprise raises questions about India for USA Inc

    Joe Biden Narendra Modi
    Narendra Modi and Joe Biden at the White House in June 2023.

    • Narendra Modi's party won far fewer seats than expected in India's election.
    • Modi's weakened majority may make it tougher for his government to push through reforms.
    • That could spook American firms that have warmed to the Prime Minister's pro-growth policies.

    Narendra Modi looks set to secure a historic third term leading Indian despite his party winning far fewer seats than exit polls had suggested.

    The outcome sent Mumbai-listed stocks plummeting — and Modi's significantly weakened majority could be a source of concern for American businesses, too.

    Modi's decade as Prime Minister has often been controversial, with his vision of building a "divine India" fueling a rise in Hindu nationalism that's threatened to marginalize other religious groups.

    But his pro-growth, pro-business policies have boosted growth and drawn in huge amounts of foreign investment — as well as winning the support of some of the loudest voices on Wall Street.

    "Modi has done an unbelievable job in India," JPMorgan boss Jamie Dimon told the Economic Club of New York in April. "I know the liberal press here, they beat the hell out of him. He's taken 400 million people out of poverty."

    Elon Musk has also posted on X about his desire to visit India and meet with Modi. The pair are expected to discuss Tesla's plan to build a multibillion-dollar new factory in the world's most-populated country.

    Meanwhile, Apple CEO Cook said on a November earnings call that India is an "incredibly exciting market" and a "major focus of ours" given the explosive growth in potential customers as locals get richer. Modi has also met with Nvidia CEO Jensen Huang, Microsoft boss Satya Nadella, and Alphabet's Sundar Pichai in recent years.

    Political stability

    "I think most investors have read the tea leaves and have realized that some of the political stability and predictable policies that they expect, that they desire when it comes to making investment decisions, is likely to be available in India," Rajesh Kumar Singh, a trade official for India, told Business Insider in January at the World Economic Forum in Davos.

    "I think the trick for India is going to be political stability, going forward for a period of time — because I think a lot of the economic fundamentals are there," Andy Baldwin, a partner at EY, said at the same conference.

    But Modi's significantly reduced majority could erode that sense of stability and make it tougher for him to pass further pro-market reforms, analysts said on Tuesday.

    China hedge

    "The fear will be that if he has to rely on alliances with smaller parties, any market-friendly policies will be diluted," Russ Mould, investment director at AJ Bell, wrote in a research note.

    "Some may now worry that India's lofty earnings rating leaves it exposed on the downside now that the political narrative may not be quite as clear cut as once thought," he added.

    One appeal of India for the likes of Dimon, Musk, and Cook will likely have been Modi's firm grip on power, as USA Inc aims to hedge its bets on China given its strained relationship with the US and post-pandemic economic woes.

    The surprise election result could undermine that confidence.

    Read the original article on Business Insider
  • With Paramount’s long and winding sales process coming to an end, here’s what comes next for the media giant

    Paramount on building

    Hello! You can rest easy knowing Costco's beloved $1.50 hot dog combo is "safe," according to its new CFO.

    In Friday's newsletter, I asked whether your opinion of former President Donald Trump had changed in light of his recent felony conviction. More than 78% said it hadn't.

    In today's big story, we're examining Skydance's acquisition of Paramount and what it means for the streaming race.

    What's on deck:

    But first, cut to black.


    If this was forwarded to you, sign up here.


    The big story

    Paramount's happy ending

    An illustration of two TVs overlapping.

    In a town known for storylines, Paramount's sale didn't disappoint.

    The media giant, which owns Paramount Pictures and CBS, has been in the news as an acquisition target since late last year. And just like its movies and television shows, Paramount's sale included twists, turns, and a slew of characters.

    In the end, media company Skydance, with help from RedBird Capital Partners and KKR, secured the goods. The deal is expected to be announced in the coming days and values Paramount at $8 billion.

    Paramount had no shortage of high-profile suitors. Warner Bros. Discovery chief David Zaslav, media entrepreneur Byron Allen, and private-equity giant Apollo, in collaboration with Sony, were among those who considered buying the company.

    Skydance might not be as recognizable a name, but the company's owner and CEO David Ellison is. As the son of billionaire Oracle founder Larry Ellison, he's basically tech royalty.

    But all the interest in Paramount this year didn't equate to smooth sailing. The day after broadcasting the Super Bowl it announced companywide layoffs. A few months later its CEO was shown the door. At least one high-profile investor headed for the exits as well.

    All the while, Paramount's stock suffered. Even with a nice bump from reports of the deal, shares in Paramount are still down more than 11% on the year.

    David Ellison in front of the Hollywood sign.

    To make sense of the deal, I turned to one of Business Insider's media experts: Peter Kafka.

    Talks of Paramount's sale have been brewing for a while. What are your initial thoughts on Skydance being the one to seal the deal?

    Well, it's not sealed yet. This thing may still get derailed by a lawsuit from cranky investors. But if it does go through: It's the least-bad version for Hollywood, since owner-to-be David Ellison wants to keep Paramount making movies and TV shows, and that isn't a foregone conclusion with any other buyer.

    Paramount has fallen pretty far behind its peers in streaming. What is its biggest pain point that Skydance will look to address?

    Paramount loses money on streaming, like many of its peers. That's fixable. It has a subscale audience, and I don't know how a new owner fixes that.

    The deal means one of the richest people in the world is tangentially connected to Paramount. How could that play a factor?

    As I've written, the most important thing about David Ellison being Larry Ellison's son is that his dad is helping to finance the deal (what a dad!). But suggestions that Larry Ellison's tech background will help his son run a Hollywood studio make no sense.

    As for other streamers, are any happy, or upset, by the outcome of this deal?

    The most important question for Paramount isn't "who owns Paramount?" It's "is Paramount big enough to survive on its own?" And that question remains unanswered and unchanged by this deal.


    3 things in markets

    A cellphone open to a trading app. There are $100 bills floating around the illustration.
    1. The tech industry's crown as the stock-market king could be slipping. Tech stocks have had an incredible run in the market over the past decade. But Bank of America equity strategist Savita Subramanian sees a shift by year-end that favors other sectors due to several factors, including higher-for-longer interest rates.
    2. How to hedge your portfolio against market volatility. Wall Street legend Gary Shilling offered investment rules to follow to avoid getting blindsided by the markets' sudden movements. That includes pivoting out of China and into India and betting on the US dollar.
    3. Roaring Kitty is at risk. Trader Keith Gill, known as Roaring Kitty on social media, could get barred from E*Trade, sources told The Wall Street Journal. It comes after he posted a screenshot that appeared to show he had a $116 million stake in GameStop, causing the stock to surge.

    3 things in tech

    A three-headed dog guarding a data center
    1. The future of AI is in the hands of three tech giants. About 65% of global data centers' capacity is owned by three companies: Amazon, Google, and Microsoft. The rush to corner the market on data centers is a move by Big Tech to secure the keys to the coming AI kingdom.
    2. Layoffs are hitting Microsoft. The company is cutting hundreds of jobs in its Azure cloud business, sources say. In a leaked memo viewed by BI, Microsoft exec Jason Zander blamed layoffs on the 'AI wave' and said they'll be doubling down on quantum computing.
    3. Apple's big event is almost here. Apple's highly anticipated Worldwide Developers Conference kicks off next week, and it's gearing up to deliver some big announcements. Here's what we're expecting, from more on its AI strategy to iOS 18 and Siri updates.

    3 things in business

    An illustration of David Jones, Marvin Isgur, and Elizabeth Freeman
    1. In a Texas bankruptcy court, conflicts of interest ran deep. New details have emerged about the tight-knit circle of attorneys and judges that fueled the rise — and spectacular fall — of one of the most influential bankruptcy courts.
    2. Are we seeing a BuzzFeed-ification of the Washington Post? The struggling newsroom is launching a new news site focused on social media, for a broad audience. Creating another newsroom, while still operating the original one, is going to be hard to pull off.
    3. 'Promised land' jobs are falling apart. Big Tech, finance, and consulting jobs are becoming harder to come by, upending the job search for young people. One survey found 21% of companies at large expect to decrease hiring this academic year, up from 6% in 2023 — and that's just the tip of the iceberg.

    In other news


    What's happening today


    The Insider Today team: Dan DeFrancesco, deputy editor and anchor, in New York. Jordan Parker Erb, editor, in New York. Hallam Bullock, editor, in London. George Glover, reporter, in London. Annie Smith, associate producer, in London.

    Read the original article on Business Insider
  • How a peak boomer who moved from Texas to a tiny home in New York lives ‘perfectly comfortably’ on less than $30,000 a year

    Sam Mitchell and his dog
    Sam Mitchell lives in a tiny home in upstate New York and a trailer home in Florida.

    • Sam Mitchell lives comfortably in a tiny New York home on less than $30,000 a year from Social Security.
    • He left a high-paying real estate career in 2008 before moving to Peru and road-tripping across the US.
    • He said his fellow peak boomers should be more creative about approaching retirement.

    Sam Mitchell, 64, has a yearly income of below $30,000 a year from Social Security. But he said he lives "perfectly comfortably."

    He bought a 384-square-foot "little shack" on the side of a road in upstate New York, where he stays for half the year. He stays in a mobile home at the end of a dirt road in Florida the other half. It's a very different way of life from the corporate real estate job he had 15 years ago in Austin making six figures and owning five homes.

    Last year, he made a "whopping" $15,000 from his Airbnb operation in the Finger Lakes region, all of which he reinvested in the business.

    He thinks his way of life isn't that far out of reach for other people around his age.

    "I have friends who are 80 years old who are still working because they're so terrified not having enough money, and I'm going, guys, look at me," he said. "I am making a fourth of the money I was making in 2008, but nobody is going to do it."

    Tiny home in Ithaca
    Sam Mitchell built a number of tiny homes in Ithaca, New York.

    Across the country, many peak boomers — or those set to hit the traditional retirement age of 65 between now and 2030 — are worried they won't have enough saved for retirement. Some have told Business Insider they won't be able to retire ever, while others are concerned that with rising rent and food costs, Social Security payments won't be enough to cover basic expenses.

    Mitchell, though, said people's definition of "comfort" may be too idealistic.

    "I call it the 'C-word,'" he said. "A peak boomer's definition of comfort is the reason they're so freaked out and feeling FOMO. It's called stepping out of your comfort zone, but people are so terrified and can't do it. They have nobody but themselves to blame."

    Leaving luxury behind

    Mitchell was born and raised in Atlanta and went to college at the University of Florida. He worked as a journalist in Santa Cruz, California, for a few years, then switched to being a real estate agent, a transition he described as "absolutely absurd."

    For two decades, he worked on and off at Keller Williams in the Austin market. He said he would "run up a bunch of money" one year, then take a few months off in countries like Costa Rica, before starting the whole process again. He also was a landlord and bought up rental properties across the state.

    He recalled attending lavish parties with musicians performing at South by Southwest and Austin City Limits. He also had a nice car and truck, and he anticipated that by the mid-2000s, he was spending about $80,000 a year on expenses.

    "The life I was leading in South Austin in 2008 was the life that 95% of this planet probably would have traded for," Mitchell said. "I had a beautiful four-bedroom, three-bath on the South Austin Greenbelt. I was up to five houses."

    Around that time, he had a goal of wanting to own 40 houses in Austin by the time he turned 65, then sell one every six months until he was 85. He wanted to follow the path of one of his real estate investor friends.

    But that year, he walked away from all of it.

    "I made the decision to disentangle myself, this whole career hamster wheel," he said, noting he began liquidating his assets in April of that year. "The pressure just popped in 2008, even before the market crashed."

    He sold his primary residence and three other homes, and his license expired at the end of that year. He paid off all his credit cards, got rid of many of his belongings, and left behind the luxurious life, knowing he could always go back to it and make $100,000 "without getting out of my chair."

    Moving to New York and Florida

    To start life anew, he bought a farm in Peru and built a small house. He lived in Peru and Ecuador for four years, mostly off the grid, before coming back to the US in 2012. He kept one Austin home that he rented to a tenant, who paid him $650 a month.

    Upon moving back, he decided to live out of his pickup truck and drive through California, Oregon, and Washington at first. He had a bedroom in the Austin home he could resort to, but he spent 10 months of the year traveling with his dog, Sancho Panza. He did this for about seven years, getting to see much of the US.

    He eventually found a home outside of Ithaca, New York, for $35,000 on 14 acres of land. He had almost no money left and was still three years from getting Social Security, but his sister helped him cover the cost with the promise that he would sell the Austin home to pay back his debt.

    He put the Austin home on the market on March 9, 2020, perhaps the "single worst day to put a house up for sale in the 21st century," he said, coming just days before the COVID-19 pandemic would lead to lockdowns across the country. With the money, he bought a "new" 2013 truck that had 200,000 miles on it and been wrecked previously.

    Once Social Security payments kicked in, he relied on the $900 a month to get by. He didn't have many expenses, as he had no children to support, no mortgage, and no health insurance. Though the $900 a month could not compare to his salary 15 years ago, he said it's enough to get by and live comfortably.

    He started an Airbnb business on his property after constructing his first tiny house from an eight-foot by eight-foot toolshed. He moved into this property and rented out the 384-square-foot house to tenants who take care of the home during the winter.

    He worked with a local Amish family to build two other tiny houses on the property. He also built a little community kitchen measuring eight feet by 20 feet. When all homes are rented, he lives in a 96-square-foot camper.

    He said he's still on the red on this business, as he's only open five months a year, but he's hopeful it will soon be profitable. He has a small side hustle buying vacant lots in Florida with two friends, sometimes doubling the money on their initial investments and using their returns to purchase more real estate. Still, it's zero annual income as none of it lands in his pocket.

    He also goes to Florida each November for a few months, living near a swamp in a 600-square-foot mobile home.

    "If you are willing to do this, then you can easily live comfortably in these beautiful surroundings making less than $30,000 a year," he said. "I'm living proof of it. I have other friends who have made similar decisions, and we're all getting a little sick and tired of the whining."

    He said many of his fellow peak boomers need to reconsider what they need to live comfortably, arguing that they need to get more creative with income streams.

    "I'm not living under a bridge — I'm running a business," he said. "I live in these absolutely beautiful surroundings, but you just have to trim down on all your gadgets. I just traded in my beautiful i7 computer that was going haywire for a Pentium processor. The guy at BestBuy was absolutely horrified that I was making this decision."

    Have you recently moved to a new state? Are you worried about retirement? Reach out to this reporter at nsheidlower@businessinsider.com.

    Read the original article on Business Insider
  • Things may not be going to plan at Nusantara, the $35 billion capital city Indonesia is building from scratch

    Indonesia's new capital Nusantara
    Indonesia's new capital Nusantara is under construction.

    • Indonesia is building a new capital from scratch, with Jakarta threatened by rising sea levels.
    • Two top officials resigned on Monday, raising questions about the $35 billion Nusantara project.
    • Indonesia's government has used influencers and Tony Blair to help promote the grand project.

    Indonesia's plans to build a new capital city from scratch have been hit by the unexpected resignation of the two top officials overseeing the project.

    Bambang Susantono and his deputy Dhony Rahajoe both quit their roles at the Nusantara Capital City Authority on Monday, outlets including Reuters reported.

    State Secretary Pratikno said President Joko Widodo had received Susantono's resignation, Asia News Network reported.

    They're expected to be temporarily replaced by two ministers from Widodo's government until permanent appointments are made.

    Widodo said on Instagram that work on Nusantara would proceed "according to the shared vision," the South China Morning Post reported.

    However, the resignations could be a setback for the new city being built on Borneo's eastern coast.

    Indonesia's capital and largest city, Jakarta, faces flood risks due to rising sea levels, so Widodo's administration decided to build a replacement.

    Nusantara will cost an estimated $35 billion and won't be finished until 2045. However, about 6,000 government workers are expected to move there in time for the new president's inauguration in October.

    Indonesia's government has recruited high-profile figures, including former UK Prime Minister Tony Blair and Abu Dhabi's Crown Prince Mohammed bin Zayed Al Nahyan, to promote the project.

    It's also tapped up influencers, with Widodo taking dozens of social media stars on a tour last year in a bid to address concerns about deforestation.

    There are also rising concerns about how Nusantara will be funded. The Indonesian government has only committed to covering about 20% of the cost, and it's struggled to find other sources of cash. In March 2022, Japan's SoftBank pulled out of investing in the project.

    Neither Susantono nor Rahajoe immediately responded to requests for comment from Reuters or Business Insider.

    Read the original article on Business Insider
  • My family covered the bridesmaids’ expenses at my daughters’ weddings because it didn’t seem right to ask the women to pay

    Bride and bridesmaids in pink
    The average amount spent on being a bridesmaid is $1,900, according to The Knot.

    • Jean Jordison, a retired teacher, said her family covered bridesmaid costs at her daughters' weddings.
    • She said it didn't feel right to ask the bridesmaids to pay since they were throwing the wedding.
    • Bridesmaids spend an average of $1,900, according to The Knot, with some taking on debt.

    When Jean Jordison's eldest daughter spent an entire month's salary just to be a bridesmaid in a friend's wedding, she was shocked.

    It was around the year 2000, and Jordison's daughter was a brand-new teacher, fresh out of college. She had to pay for a specific bridesmaid dress, alterations, a flight, a hotel stay, and more.

    "As the mother of three daughters, I just thought, 'Oh my gosh, there has to be a better way,'"Jordison, who lives in Iowa City, Iowa, told Business Insider.

    Jordison, who worked as a school librarian and preschool teacher before retiring, said that when her daughters got married in the aughts, they opted to pay for all the bridesmaids' expenses.

    "It just didn't seem right to ask people to pay for stuff," she said.

    Today, the average amount spent on being a bridesmaid is $1,900, according to data compiled by The Knot. Those costs include a bridal shower and wedding gift, the bachelorette party, dress, and hair makeup — which are all on top of other potential wedding guest costs, like flights and hotels.

    It's not unheard of for bridesmaids to go into debt just to stand by their friend's side at the altar. Three women recently told The Cut they took on debt to fulfill their role as bridesmaids, with one saying she spent a total of $3,200 even without doing everything the bride wanted.

    The high expenses associated with being a bridesmaid have been controversial, with countless articles offering advice for people who say they can't afford to be in a bridal party.

    But to Jordison there's a straightforward solution: the bride, or whoever is paying for the wedding, covers the bridesmaid costs, so they only get what they can actually afford.

    "I just think nobody should have to go in debt to be in your wedding," she said.

    For her first daughter's wedding, Jordison said she knew they wanted to cover the bridesmaid expenses. The bridesmaids included the bride's two sisters, a close friend who had just graduated from college, and a close family friend who was in her teens, as well as one other person.

    She said they picked out affordable bridesmaid dresses, shoes, and jewelry. They didn't skimp on anything, but they found options that were within their means — and there wasn't a big destination bachelorette party, which has become increasingly common.

    "We're not millionaires, but we're not in poverty either, and it just seemed like we should be figuring out how to pay for this wedding because it was our wedding, our party," she said.

    One of Jordison's other daughters eloped, but when her youngest got married, they again covered the costs for the bridesmaids, which included her two sisters and two sisters-in-law.

    Jordison said she thinks too many people get caught up on traditions or trying to do things they can't afford. She said for her first daughter's wedding they were able to have 400 guests, but opted not to do a sit-down dinner and didn't have any wedding favors.

    She said it often seems that couples getting married have big ideas for their events that they want other people, like guests or the bridal party, to help pay for.

    Jordison said covering the bridesmaids' expenses was well worth it.

    "I know the young women that were involved all appreciated it, too, because none of them were in a position where it would've been easy to pay for those things," she said.

    While Jordison said it felt right for her family to cover those costs, wedding etiquette experts say the best thing to do is be transparent about expenses from the jump. They also say there are some costs bridesmaids expect to pay, like for their dress, while others should be optional or covered by the bride, like hair and makeup.

    Jordison's advice to others is to think of your wedding more like a family event than an entertaining event and to do what's right for your family, regardless of traditions and expectations.

    "I just think in this day and age, you can have the wedding you want," she said. "And it doesn't have to be this extravaganza."

    Have a news tip or a story to share about the costs of being in a bridal party? Contact this reporter at kvlamis@businessinsider.com.

    Read the original article on Business Insider
  • Ukraine sent special forces to Syria to attack Russians there, revealing a new front to the war: report

    Russian soldiers and their US counterparts patroling routes intersect in an oil field near Al-Qahtaniya, northern Syria
    Russian soldiers and their US counterparts intersect in an oil field near Al-Qahtaniya, northern Syria, on October 8, 2022.

    • Ukraine has deployed special forces to Syria to fight Russian mercenaries there, per the Kyiv Post.
    • They are backing Syrian rebels in fighting the Assad regime in the southwest, per the outlet.
    • Ukraine is also fighting Wagner mercenaries in Sudan, the outlet previously reported.

    Ukraine has deployed special forces units to Syria to combat Russians there, according to the Kyiv Post.

    Ukrainian special forces are fighting side by side with Syrian rebels against Russian mercenaries and Syrian President Bashar Assad's regime in the Middle Eastern country, the outlet reported.

    It released a video obtained from sources within the Ukrainian Main Directorate of Intelligence.

    According to the outlet, the video, dated March 2024, shows Ukrainian special forces targeting Russian checkpoints, strongholds, foot patrols, and convoys of military equipment in southwest Syria.

    The Ukrainian soldiers used rocket-propelled grenades, improvised "Tarab" mortars, and what looks like command wire or radio-controlled improvised explosive devices in the attacks, the outlet reported.

    An unnamed Ukrainian intelligence source told the outlet that the troops had backed Syrian rebels in carrying out multiple strikes on Russian military facilities since the start of the year.

    The Ukrainian Main Directorate of Intelligence didn't immediately respond to a request for comment from Business Insider.

    Russia has been involved in Syria's civil war since 2015, when it launched a military intervention after the country's president requested support against opposition and the Islamic State.

    By the end of April 2018, the Syrian Observatory for Human Rights reported that Russian aerial bombings had directly killed more than 7,700 civilians, a quarter of them children, as well as 4,749 opposition fighters and 4,893 members of ISIS.

    Ukraine's military presence in Syria, however, has not been reported until now.

    According to Alexander Libman, a professor of Russian and East European Politics at the Free University of Berlin, their presence in Syria would be "deeply" surprising as Ukraine faces "major" manpower issues on the battlefield back home.

    "Sending any troops away from the country would be indeed rather strange," he told BI.

    Even so, this is not the first time Ukrainian special forces have been seen fighting outside Ukraine.

    Ukrainian special forces were reportedly seen interrogating captured Wagner mercenaries in Sudan in an undated video shared by the Kyiv Post in February.

    Sergey Sukhankin, a senior fellow at the Jamestown Foundation, told BI at the time that the operation may have been part of "some sort of tacit agreement" between Western allies and Ukraine to battle Russian mercenaries in Africa, in exchange for certain military backing for Ukraine in its war against Russia.

    Read the original article on Business Insider
  • I accidentally bought a counterfeit backpack on Amazon. Now, I know how to avoid sneaky fake products.

    Woman walking with backpack on
    I (not pictured) ordered a bag on Amazon that I thought was from JanSport.

    • I bought a backpack from an Amazon seller that I thought was a genuine JanSport, but it broke.
    • After trying to take advantage of JanSport's warranty, the company told me I had a counterfeit bag.
    • Now, I verify the seller and review ratings before buying name-brand items on Amazon.

    While doing back-to-school shopping for my kids in August 2022, I purchased a black JanSport backpack on Amazon.

    Ordering school supplies online is easier than toting three kids to a store, and I'm a huge fan of JanSport backpacks because of their quality, durability, and limited lifetime warranty. I'm 43 years old and still use the same navy JanSport I had in high school.

    Within a few months, one of the straps of the new backpack had torn off. I've never had this happen, so I sent the bag to JanSport, knowing their warranty covers defects.

    Anytime I've had issues with a JanSport over the years, I've shipped my bag back to the manufacturer, and they've replaced the product for free.

    But, instead of sending me a new bag, it was returned to me with this message: "We are sorry to inform you that your backpack is not an authentic product made by JanSport. It is an imitation and is not covered by our warranty."

    At the time, I didn't understand how this could have happened.

    Then, I discovered my backpack hadn't been sold to me by Amazon or even JanSport. It was shipped directly to me by a third-party seller.

    Many Amazon sales come from third-party sellers, which can be hard to vet

    Over 60% of Amazon's sales come from independent third-party sellers. Although this allows the online retailer to offer a greater range of products, it can also be challenging to monitor who's selling them.

    An Amazon representative told Business Insider the company has "proactive measures in place to prevent counterfeit products from being listed and continuously monitor[s] our store." But some items, like my bag, fall through the cracks.

    When I realized my JanSport was counterfeit, I contacted the seller through Amazon to request a refund. Even though I was well outside the return window, the seller replied the same day.

    They told me I could keep the damaged backpack and they'd process my refund immediately. I wasn't surprised I was able to get my money back since Amazon has a zero-tolerance policy on the sale of counterfeit goods.

    I now take a few extra precautions when shopping for name-brand items on Amazon

    Amazon packages on doorstep
    Sometimes it's tricky to check if a seller on Amazon is legitimate.

    Now, when I buy name-brand items, I shy away from third-party sellers because it's harder to guarantee a product will be 100% authentic.

    Next time I plan to buy something on Amazon, I'll check who's selling it. I can do this by looking under the "Buy Now" button on each listing.

    In the future, I'll also spend a few extra minutes checking the ratings of any seller I'm thinking of ordering from. Sellers with only a few reviews, many one-star reviews, or comments that mention fake items, defective products, or lots of lost packages are all red flags to me.

    Lastly, buyers can also report counterfeit products to Amazon Customer Service.

    An Amazon representative told BI, "If you received a product from a third-party seller that you don't believe is authentic, we recommend customers contact the customer support team for a full refund of the order, stop using an item immediately, and dispose of it."

    Read the original article on Business Insider
  • Is the climate your top issue? Here’s a guide to each candidate’s stance.

    Biden Trump
    President Joe Biden, left, and former President Donald Trump.

    • Climate change has become one of the more polarizing issues dividing Americans in recent years.
    • Biden and Trump have starkly different approaches in their handling of climate issues.
    • Biden has sought to enact tougher regulations. Trump largely has the ear of oil and gas interests.

    For millions of Americans, there's nothing more important than the well-being of the environment.

    From the protection of lakes and streams to the battle to curb greenhouse gas emissions, many voters in the upcoming US presidential election want to see the federal government play an active role in climate issues.

    But some voters also oppose stronger federal oversight of the environment, arguing that the economic benefits of increased oil drilling is paramount — while also dismissing global agreements on climate change as detrimental to the country's autonomy.

    One thing is clear though: the lion's share of voters believe that climate change is real.

    The latest quarterly survey from the Yale Program on Climate Change Communication revealed that 72% of Americans believed that climate change was occurring, while only 15% disagreed. That same survey showed that 58% of Americans felt global warming was caused by humans, while 29% believed it was a natural occurrence.

    And the divergence in views on the cause of climate change has hardened political divides in recent years, with Democrats largely pushing for more protections while the GOP has been more receptive to energy interests who have largely opposed such rules.

    Here's a look at President Joe Biden and former President Donald Trump's positions on climate — which is poised to be a defining issue for Gen Z and millennial voters this fall.

    Where Joe Biden stands on climate

    Biden has sought to position himself as one of the most pro-environment presidents in US history, following in the footsteps of his onetime boss, President Barack Obama.

    Under Obama, the US joined the Paris Agreement, an international treaty which was crafted to significantly reduce the level of greenhouse emissions. But President Donald Trump withdrew from the plan while in office, blasting it as detrimental to the US economy.

    On the same day as his January 2021 inauguration, Biden rejoined the Paris climate accord, putting the country back in line with nearly 200 countries that pledged to cut greenhouse gas emissions.

    That same day, Biden also revoked a key presidential permit for the Keystone XL oil pipeline, a project championed by Trump but opposed by many Democrats, environmental groups, and an array of Native American communities.

    In September 2023, Biden canceled seven Trump-era oil and gas leases in the Alaska National Wildlife Refuge (ANWR), which contains some of the most pristine lands in the country.

    Biden has also pushed through new Environmental Protection Agency (EPA) rules that will limit tailpipe emissions from future trucks and passenger vehicles and strengthen the reporting requirements of methane emissions from oil and natural gas operations.

    Where Donald Trump stands on climate

    Trump's staunch opposition to the Paris Agreement is well-known.

    During his first term in office, he rolled back key environmental protections, opening up lands to logging and even weakening efficiency standards for dishwashers and lightbulbs.

    In April 2024, Trump suggested to a group of wealthy oil executives assembled at Mar-a-Lago that they should collectively raise $1 billion to help him win a second term in order to dismantle regulations that they oppose, according to The Washington Post. Per the newspaper, Trump then stated that such a sum would amount to a "deal," as the executives would avoid more stringent rules with him in the Oval Office.

    Trump has also railed against Biden's strong support of electric vehicles, arguing that their ramped-up production will hurt the economy. The ex-president hopes that such a message will gain steam in places like Michigan — the Midwestern battleground state where he hopes to upset the incumbent in November.

    The Project 2025 proposal, which outlines what Trump would do early in a second term, spells out the approach that his administration would likely take regarding oil and gas production — which the former president strongly advocated for while in office.

    Two of goals for a Trump-run Department of Energy: "Unleash private-sector energy innovation by ending government interference in energy decisions" and "Stop the war on oil and natural gas."

    Read the original article on Business Insider
  • Indian stocks post their biggest losses since the pandemic after Modi fails to win a landslide

    India's Prime Minister Narendra Modi.
    Indian Prime Minister Narendra Modi.

    • Indian stocks plummeted on Tuesday, suffering a $390 billion wipeout.
    • The flagship NSE Nifty 50 index dropped nearly 6%, posting its worst day in more than four years.
    • The losses came after Narendra Modi's party won far fewer seats than expected in India's election.

    Indian stocks had their worst day in more than four years on Tuesday as Narendra Modi's narrower-than-expected election victory rattled markets.

    Mumbai's NSE Nifty 50, the main stock market index, tumbled as much as 8.5% before ending 5.9% lower as investors reacted to news that the coalition led by the ruling Bharatiya Janata Party (BJP) is expected to win about 300 seats in the Indian parliament.

    That would give Prime Minister Modi a slim majority, but fall well short of the 400-seat landslide predicted by earlier exit polls.

    It was the Nifty 50's worst trading session since the start of the pandemic in 2020, erasing nearly $390 billion in market value, per data from Bloomberg.

    Meanwhile, yields on 10-year government bonds edged up, and the Indian rupee fell by around 0.5% against the US dollar.

    On Monday, stocks climbed to record highs as traders bet on a landslide win for Modi — but Tuesday's results could make it much tougher for him to push through policy, analysts said.

    "The sudden shift in the early counts and polls that suggest a reduced majority for PM Modi and the BJP is proving to be a nasty shock for Indian financial markets," AJ Bell investment director Russ Mould wrote in a morning note.

    "Just as the 10-year bond, rupee and headline Sensex equity index had strengthened as voting closed, in anticipation of a Modi landslide, all three are now giving up some of those gains."

    Read the original article on Business Insider