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I worked in Big Tech recruiting for 8 years. If you're struggling to get an offer, this may be why

Brenna Lasky headshot
I spent 8 years working in Big Tech recruiting. Now I have a career coaching business.

Brenna Lasky

  • Brenna Lasky, 34, spent eight years working in recruiting for Meta, Google, and Salesforce.
  • Lasky now has a career coaching business and shares insights for applicants struggling to land jobs.
  • She suggests fixes for applicants struggling to get past certain stages of the application process.

This as-told-to essay is based on a conversation with 34-year-old Brenna Lasky, who worked in recruiting at Google, Meta, and Salesforce. Her identity and employment have been verified. This story has been edited for length and clarity.

I spent eight years recruiting for tech companies, including Meta, Salesforce, andΒ Google. I learned a ton about what hiring managers are looking for.

Prior to working in Big Tech, I really struggled with my own job search process and received rejections. I was mass-applying. I was playing a numbers game. I wasn't revising my resume. With each application, I was just sending it out and hoping for the best.

I launched a career coaching business in September to help job seekers understand where they might be missing the mark and how they can get into Big Tech. My goal is to help demystify the job search process and understand what it takes to get into companies.

If you're applying to roles but find yourself getting stuck at one of these points in the application process, I would encourage you to take a step back to understand where you may need to make adjustments.

If you're not getting interviews

Usually, if you're not getting interviews, it's related to your rΓ©sumΓ© because your rΓ©sumΓ© is the first step in the process. I would check to see if your rΓ©sumΓ© a laundry list of everything you've ever done or if you're doing a good job of showing the relevant skills and how your past experience directly relates to the role that you're applying to.

Also, if you're mass-applying and not tailoring your rΓ©sumΓ©, there's a good chance you might not be hitting all of those minimum qualifications.

The reason why people say to tailor your rΓ©sumΓ© or make sure that you include keywords is not necessarily because there's this evil applicant tracking system that is going to auto-reject your rΓ©sumΓ©. It's instead because recruiters are comparing rΓ©sumΓ©s against the minimum qualifications.

Obviously, it's super time-consuming to change your rΓ©sumΓ© every single time if you're doing tons of applications. So something that I always like to recommend to my clients is having a baseline rΓ©sumΓ©. If you're a program manager, have your program manager rΓ©sumΓ©. Then, based on each job that you apply for, go through those minimum qualifications and feel free to add small tweaks here and there.

I also always suggest to clients that I work with, if you do know someone who works at a company that you want to work with, definitely reach out to them. If you can get a referral, especially in Big Tech, that will help you. That being said, referrals aren't a guarantee for getting a job. Your referral isn't going to be there holding your hand or doing actual interviews with you.

If you're not getting past the screening call

Each team has a different individual process, but as a general rule of thumb, you'll always start with a recruiter screen. That'll be around 30 minutes. It's really just a quick pulse check on whether the person did what their rΓ©sumΓ© claims and if they are able to potentially do the job at hand. Having really solid answers where you can come into the interview and feel confident is worth the extra time it takes.

There's pretty much a guarantee that there are four common questions that you'll be asked in recruiter screens:

Tell me about yourself.

Why are you interested in this position or company?

Why are you looking for a new role?

What are your salary expectations?

Rather than simply relaying your experience, connect the dots for your recruiter on why you're a good fit for the role and why they should move your application forward. A mistake a lot of people make is they rely too much on their past experience. I always recommend that applicants speak to the job that they want to have.

If you're not making it to the final round

After the screening call, you'll typically do a 30-to-45 minute hiring manager screen. They'll give you the goals of the team and what they're looking for. Then, that hiring manager will decide if this is someone they want to move forward with.

Once you meet with the team, you'll typically meet with two to four decision-makers with whom you'd work daily. Those interviews are typically geared toward behavioral questions and technical skills.

I always suggest coming up with five to six stories that highlight your impact and achievements as evidence as to why you're a great fit for the role. I like this number because it gives you a broad enough range to pull from depending on the questions, but it's not so overwhelming that when you're on the spot, you panic and try to go through 20 different examples.

To understand what examples to speak to, I would suggest going back to the job description and looking at the bullet points or the minimum qualifications. For each one of those bullet points, come up with an example of how you were able to help solve that problem.

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My therapist suggested I try decluttering. Focusing on what to keep rather than what to get rid of helped.

Woman standing by couch with clothes on it, holding up item of clothing to assess whether she wants to keep it, while decluttering.
The author (not pictured) found that decluttering helped ease symptoms of anxiety and OCD.

Getty Images

  • When my therapist suggested decluttering might ease my anxiety and OCD symptoms, I was skeptical.
  • I decided to try it and started looking for a method that might help me with the process.
  • It became easier when I focused on what to keep rather than what to get rid of.

Anxiety and OCD had been manipulating my life like puppet masters for almost two years when my occupational therapist recommended trying decluttering to help ease my symptoms. At that point, though I'd noticed some improvements from a year in therapy, I'd also been struggling with a few health conditions, including long COVID, and felt like I was trudging along.

Over time, I'd become afraid of leaving my own home as I was petrified of getting sick again. My life often felt meaningless and unrecognizable. I couldn't see how getting rid of some belongings could help. Despite my skepticism, I was desperate to feel like myself again. I yearned for my home to no longer resemble an obstacle course.

My therapist helped me see why the clutter was such an issue

My apartment was already cluttered and stressing me out, and then my mom moved; everything I had stored in her garage was suddenly in my living room. My son and I had to create pathways among the boxes to move from one room to another.

"You're repeatedly having to step over your past β€” you're being reminded of it every day," my occupational therapist said. He had summarized in one sentence exactly why I'd been unable to move forwards. I started decluttering immediately after that appointment.

I tried a few different decluttering methods

I looked for a system to help me along the way. The KonMari method caught my eye first, but my sentimental nature decided that everything sparked joy β€” even a bag of rocks. I'd spent decades giving objects the same sentimental value as the memories they represented, and now, it was hard to get rid of them.

The four-box method β€” sorting items into boxes labeled keep, donate/sell, storage, and trash β€” also didn't work for me. When indecisiveness caused by my anxiety took over, almost everything ended up in the storage box, which I basically saw as a "maybe" box. All I ended up doing was pushing it around the apartment. I worried I might regret getting rid of something, so I decided it was safest to get rid of nothing.

However, through working with my occupational therapist, I realized guilt played a part in my holding onto some things β€” as though getting rid of an item would also mean getting rid of that memory. So, I took a deep breath and prepared to be ruthless.

Reframing the process of decluttering helped me tackle it

The next method involved deciding what to keep instead of what to get rid of. This mindset shift made the decluttering process more enjoyable; it was easier to focus on items I treasured than those I would get rid of, even if the end goal was the same. Inspired by decluttering blogs, I also considered whether I would buy the item now if I didn't already own it to help me decide how much I wanted anything I wasn't sure about.

Whenever I struggled with indecisiveness (which was often), I remembered that my home should β€” and could β€” be a place where I relax, rather than a cluster of clutter and unmade decisions.

With each carload donated to charity, the stress began to leave my body. The catharsis of releasing my grip on each box as I handed it over gave me the calmness and clarity I craved. I was giving myself permission to move on β€” permission to stop letting my past rule my present and future.

It wasn't totally smooth sailing, but I eventually got it done

I hadn't been prepared for when OCD tried to control the situation, though. After a few weeks, I began to feel on edge if I didn't declutter a certain amount of items each day. When I realized what was happening, I forced myself not to declutter for a few days, so I could calm the OCD and return with the right mindset.

A few months into the process, as I continued to declutter my apartment, my sleep improved, and my energy levels increased. I experienced fewer anxious thoughts, and when they did occur, I had the energy to rationalize most of them.

I was untangling myself from the burdens of my past as I removed their physical manifestations from my apartment, freeing up the space in my home so I could finally relax, and giving myself something to focus on other than my spiraling thoughts.

After decluttering, I feel relieved

Although I don't believe decluttering opened up a magic portal to my recovery, I have no doubt it helped tremendously. I managed to declutter most of my belongings in what felt like an act of liberation. I've only kept things that I either need or treasure.

My home isn't picture-perfect, and neither is my mental health. But I'm happy. It took me 21 months to finish decluttering my home β€” I had to pace myself as I couldn't do it every day, or for hours at a time. I finished completely about nine months ago. And in the time since I first started, I've gone from having severe anxiety and being incapable of leaving my home without prior planning, to living a life I can honestly say I adore.

By working with my therapist, reading self-help books, decluttering, going for daily walks, meditating, journaling, and rediscovering the things that bring me joy, the symptoms caused by my anxiety have lessened. I also received support from loved ones, improved my food choices, and developed a morning routine that gives me a feeling of purpose again.

Although anxiety and OCD are still unpaying tenants in my mind, they don't have the level of control they did before. By getting rid of the things that brought me anxiety, I've created space for the things that bring me joy.

My home and mind are no longer caverns of chaos.

Read the original article on Business Insider

10 Goldman executives share the books, speeches, or plays that made them better in 2024

Goldman Sachs leaders
From left: Goldman Sachs leaders Asahi Pompey, John Waldron, and Padi Raphael

Courtesy of Goldman Sachs

  • 10 Goldman Sachs partners shared the books, speeches, and plays that inspired them this year.
  • President John Waldron recommended a book about Dwight Eisenhower that taught him about leadership.
  • See what 9 other Goldman execs said made them better leaders, industry experts, and humans in 2024.

Goldman Sachs' top brass are revered as some of the sharpest minds on Wall Street β€” but staying on top of your game takes work.

As 2024 comes to a close, Business Insider asked 10 senior officials of the powerhouse global investment bank β€” a leader in M&A dealmaking and advice β€” to share at least one thing they read, watched, or listened to that made them smarter and better at their jobs over the last year.

One Goldman partner recommended a play that helped her think about the long-term impact of her actions. Another partner touted a lecture by a famous philosopher on the importance of organizational trust that can be streamed from Spotify.

As Carey Halio, Goldman's global treasurer, put it, learning is an "endless" pursuit for leaders of the bank, which ranked No. 1 in M&A volumes last year, according to deal tracker LSEG.

"The more you can expand your knowledge base, the better you will be at your core function, the more you will be able to connect the dots and the more effective you will be as a leader," Halio told BI.

Here's what top Goldman executives like President John Waldron, Vice Chair Rob Kaplan, and M&A cohead Stephan Feldgoise shared as their top recommendations from 2024. The responses all come from Goldman partners, the bank's highest rank outside the C-suite. They are in the partners' own words, edited only for length and clarity, and are organized alphabetically by last name.

Jared Cohen
Jared Cohen
Jared Cohen

Courtesy of Goldman Sachs

Title: President of Global Affairs and cohead of the Goldman Sachs Global Institute

Recommendation: "The Guns of August" by Barbara Tuchman and "A Peace to End All Peace" by David Fromkin

Why: Earlier in my career, I found that you couldn't truly understand World War I without reading these books. Now, they help me make sense of the world we're living in. Tuchman offers a sobering reminder of how quickly things can fall apart. Many leaders took peace in Europe for granted in 1914, as they did in 2014 and even 2022, with devastating results. Fromkin is especially worth reading this year after the fall of the brutal Assad regime in Syria. That country's borders emerged in large part as a legacy World War I.

"A Peace to End All Peace" details the history behind the headlines, and it remains a key text for anyone trying to understand one of the world's most challenging but amazing regions.

Stephan Feldgoise
Stephan Feldgoise
Stephan Feldgoise

Courtesy of Goldman Sachs

Title: Cohead of Global M&A

Recommendation: "The Confident Mind" by Dr. Nate Zinsser

Why: Dr. Zinsser teaches performance psychology at West Point, working with members of the military who need to perform and excel in high-stress situations.

I found the concepts around preparation and mental positivity to be useful for me personally but also highly valuable in mentoring and developing the next generation of Goldman Sachs leaders as they move into roles where they face performance challenges in high-stress environments.

Most valuable were the very specific and learnable techniques that can be taught to next-generation leaders to build confidence and improve performance.

Gizelle George-Joseph
Gizelle George-Joseph
Gizelle George-Joseph

Courtesy of Gizelle George-Joseph

Title: COO of Global Investment Research

Recommendation: "The Promise of Leadership," readings curated by the Aspen Institute's Finance Leaders Fellowship

Why: A selection of readings curated by the Aspen Institute's Finance Leaders Fellowship as part of the final week-long intensive seminar had the most significant impact on my leadership this year.

There were many aspects of the readings and the seminar that resonated, including a deep discussion on happiness and what makes for a good life: health, wealth, knowledge, friendship, good moral character – all of it? There was also a heart-wrenching reminder of both the courage and the depravity that can exist in the world through stories of survivors of the 1994 Rwandan Genocide, as told by New Yorker writer Paul Gourevitch in the book "We Wish to Inform You That Tomorrow We Will be Killed With Our Families."

From the readings, which included works by Frederick Douglas, Wendell Barry, and Mary Oliver, I took away multiple concepts that I continue to contemplate both as a leader and a citizen of the world and these have guided many of my endeavors and decisions this year. My takeaways included the importance of taking action to create change in big and small ways and enjoying the journey of life itself.

Carey Halio
Carey Halio
Carey Halio

Courtesy of Goldman Sachs

Title: Global Treasurer

Recommendation: Speeches by the Federal Reserve Vice Chair Philip Jefferson

Why: This fall, I really enjoyed two speeches by Vice Chair Philip Jefferson from the Federal Reserve on the history of the discount window since it was initially created in 1913, and how it has provided liquidity to the US banking system and broader economy in different environments.

Despite being someone who has been a student of the banking industry for over 25 years, I learned new points that help me think about our approach to the discount window today. It was a good reminder to not only constantly seek out information but to look at history as a tool for understanding the path in front of you.

I am a firm believer that you can always learn more about your industry and your area of expertise – it is truly endless. The more you can expand your knowledge base, the better you will be at your core function, the more you will be able to connect the dots, and the more effective you will be as a leader. While this example is unique to my work, I think the theme applies more universally.

And, if you are interested in banking, I highly recommend this speech and this speech.

Rob Kaplan
Rob Kaplan
Rob Kaplan

Courtesy of Rob Kaplan

Title: Vice Chairman

Recommendation: "War" by Bob Woodward

Why: I have always been interested in learning about how leaders operate under highly ambiguous and stressful conditions. Whether it is Woodward, William Manchester, or David Halberstam, authors who explore leadership actions in difficult situations that changed the course of history can provide compelling lessons on decision-making under pressure.

Making one decision versus another, having even a slight misunderstanding, or making a seemingly minor miscalculation can cause mistakes that may look innocuous at the time but can have a lasting impact.

Ericka Leslie
Ericka Leslie
Ericka Leslie

Courtesy of Goldman Sachs

Title: COO of Global Banking & Markets

Recommendation: "Trust the Universe," a lecture by Alan Watts

Why: Throughout my career, I have found the philosopher Alan Watts to be particularly inspiring as I think about how to lead different organizations and functions. I regularly revisit his famous lecture "Trust the Universe" on Spotify and recommend it to my colleagues each year. He argues that most people fail to trust the organization they are in and try to control it, which eventually leads to failure.

If you trust the system, as long as you believe in it, then your ability to get the most out of other people to scale and grow your business is greatly enhanced. Through trust and delegated authority, businesses can grow, and organizations can scale. This idea is borrowed from the way the human body operates, and he presents it as a more natural way to create meaningful impact in an organization.

These lessons are both timeless and universal and something I try to integrate into my work every day.

Asahi Pompey
Asahi Pompey
Asahi Pompey

Courtesy of Goldman Sachs

Title: Global Head of Corporate Engagement and Chair of the Urban Investment Group at Goldman Sachs

Recommendation: "Good Bones," a show by the playwright James Ijames

Why: I saw "Good Bones" at the Public Theater β€” not once, but twice β€” because it was that compelling. The play explores the complexities of urban renewal projects, asking essential questions like: Who belongs in a neighborhood, and who benefits from its evolution?

The work my team and I lead is centered on creating durable, lasting economic progress, with over $20 billion deployed in community development projects like affordable housing. "Good Bones" was a welcome reminder that as investors, we should never lose sight of the history and the voice of a community β€” to build long-term trust, and ultimately, to deliver sustainable impact.

When it comes to running a team and leading an organization, the same ideas are at play. Building and managing relationships with honesty and empathy, especially during times of change, creates a foundation of collective resilience, which is essential for the long-term success of an organization.

Padi Raphael
Padi Raphael
Padi Raphael

Courtesy of Goldman Sachs

Title: Global head of Third Party Wealth Management in Goldman Sachs Asset Management

Recommendation: "The Man Who Solves the Market: How Jim Simons Launched the Quant Revolution" by Gregory Zuckerman

Why: One book I read this year that stands out to me is "The Man Who Solved the Market: How Jim Simons Launched the Quant Revolution" by Gregory Zuckerman, a compelling biography of a titan of the hedge fund industry. Jim's story underscores the value of being the very best at what you do by finding a niche in which your skills and perspective can uniquely position you to win.

Producing consistent alpha in investing can be a notoriously difficult undertaking, and the book narrates a masterclass in resilience, painting a picture of Jim's extraordinary successes following early hardships in launching his career.

Two themes that resonated with me as a leader were perseverance in the face of challenges and a lifelong love of learning. In his own immortal words: "work with the smartest people you can, hopefully smarter than you...be persistent, don't give up easily. Be guided by beauty...". The book is a highly engaging read, and I devoured it in one sitting!

John Waldron
John Waldron
John Waldron

Courtesy of Goldman Sachs

Title: President & COO

Recommendation: "Eisenhower: The White House Years" by Jim Newton

Why: I spend a lot of time thinking about risk and how to steer our organization through today's geopolitical crosscurrents, so I went looking for inspiration and found it in Jim Newton's book, "Eisenhower: The White House Years."

Although Newton covers the entirety of Eisenhower's life, he focuses on Ike's two terms as president, which are largely remembered as eight torpid years of peace and prosperity, though, as Newton points out, there was nothing ho-hum about them. Eisenhower inherited not only a hot war on the Korean peninsula, but also a Cold War with the Soviet Union, whose tensions erupted in Iran, Vietnam, Guatemala, Taiwan, Hungary, the Suez Canal, Lebanon, Cuba, the Congo.

It is a sign of Eisenhower's success that those perilous years are now remembered as the days of "Leave It to Beaver," and yet he was still human. He wasn't immediately sympathetic to the cause of civil rights, though when push came to shove during the Little Rock crisis of 1957, he did send in the National Guard to enforce court-ordered desegregation. He also advocated for and oversaw the establishment of the Interstate Highway System, which laid the foundation for years of robust economic growth.

He was a man who wasn't afraid to compromise and who always took the long view. Not a bad example for other leaders to follow.

Tucker York
Tucker York
Tucker York

Courtesy of Goldman Sachs

Title: Global Head of Wealth Management

Recommendation: "Leadership by the Good Book" by David L. Steward

Why: Each year, I keep a list of the books I've read, who recommended them to me, and any takeaways or lessons that I took from the reading. One that stood out this year was "Leadership by the Good Book" by David L. Steward. David gave me the book during his visit to Goldman Sachs this fall as he was the keynote speaker at our inaugural Garland Summit.

While the book suggests biblical lessons appropriate for the business world, the wisdom is non-denominational. David and his coauthor, Brandon Mann, delve into the themes of servant leadership, loving what you do, investing in your people, risking your reputation for what's right, growing through external challenges, and celebrating milestones on the journey. I saw clear parallels to our work in serving clients, risk management, and mentoring our people.

Regardless of one's religious affiliation, the applied learnings are relevant for the business world and the guidance applies to my work at Goldman Sachs.

Read the original article on Business Insider

Inside China's paramilitary force that could be key in an invasion of Taiwan

The PLA Navy and the PLA Army conducted a cross-day and all-factor live-fire confrontation drill in Zhangzhou City, Fujian Province, China, on August 24, 2022.
PLA forces conducted a live-fire drill in Fujian Province, China, on August 24, 2022.

CFOTO/Future Publishing via Getty Images

  • China is readying forces that could seize Taiwan in a future attack, analysts and officials say.
  • Any military operation is likely to rely partly on China's militarized police.
  • The People's Armed Police has been training in a wide range of conditions, including water.

China is preparing its militarized police for kinds of combat that would play a key role in any invasion of Taiwan.

A SeptemberΒ reportΒ from China Central Television shows what appears to be the People's Armed Police Force, or PAP,Β simulating attacks from inflatable boats.

Footage and pictures from Chinese state-run outlets show the extent of the combat training and battlefield simulation β€” blockade breakthroughs, grenade throwing, battlefield rescue, and group tactics in cold, hot, and high-altitude conditions.

This training indicates PAP soldiers "are getting ready" for a takeover of Taiwan, said Lyle Goldstein, director of Asia Engagement at the Defense Priorities think tank in Washington, DC.

Clandestine movement by water would be an essential capability to quell resistance in Taiwan's populated areas near the coast and rivers.

"From my observation, they train hard; they are well equipped and disciplined, and they're given stringent ideological training for the reason that they are probably, in my view, the primary reserve force for section invasion," Goldstein said.

"If they went forward with a full-up invasion, I think an amphibious assault is not just conceivable but is quite a possibility," he added.

Urban training

Since its founding in 1982, China's PAP has been firmly placed under the country's military.

These armed police are a shock force in China's vast state security apparatus. The force plays a key internal security role, mostly in law enforcement, counterterrorism, disaster response, and maritime rights protection.

Beijing also regularly uses them for propaganda. One likely goal of publicizing the recent training was to intimidate Taiwan and its backers.

Officers of theΒ People'sΒ ArmedΒ PoliceΒ patrol outside the Museum of the Communist Party of China in Beijing on June 25, 2021.
China's People'sΒ ArmedΒ Police could be used in the later stages of an amphibious assault on Taiwan.

REUTERS/Thomas Peter

Alessio Patalano, a professor of war and strategy in East Asia at King's College London, said the PAP's inclusion in any takeover of Taiwan would make sense given their urban training.

He told BI the PAP keeps "highly skilled" special forces at hand who are involved in surgical operations to capture strategic goals where mobility, speed, and familiarity with operating in urban areas are key.

PAP special forces maintained security at Beijing Olympic venues in 2008, conducted drills in Shenzhen near Hong Kong in 2019, and have engaged in multiple counter-terrorism operations in China's Xinjiang region over the years, according to Chinese state-run media.

"To that extent, whether in decapitation scenarios or early stages of operations to seize key port and airport infrastructures, the use of PAP should be regarded as a viable, if not preferable, option," Patalano said.

A supporting role

It's unlikely that the PAP would participate in the first stages of any island landing.

"That is the purview of the PLA," said Joel Wuthnow, a senior research fellow at the Center for the Study of Chinese Military Affairs at the National Defense University in DC. The PLA is China's main military β€” the People's Liberation Army.

He said that the PAP would instead initially participate in operations to firm up internal security in mainland China, including suppressing signs of social unrest, protecting critical infrastructure, and clearing out national highways to facilitate the delivery of supplies to regions near Taiwan.

Any attempt to seize Taiwan, a self-ruled island of 23 million that Beijing views as a breakaway province, would require warships, armored vehicles, and heavy firepower, to answer Taiwan's advanced missiles, tanks, and F-16 fighter jets.

China's armed police officers and soldiers using rubber boats to search for people trapped in Shilong village, South China, on June 5, 2024.
China's People's Armed Police could play a key role in any invasion of Taiwan.

Costfoto/NurPhoto via Getty Images

However, if PLA's operations in Taiwan didn't go according to plan, and it faced a protracted campaign, Wuthnow said the PAP's Special Operation Forces could be mobilized to institute military governance through missions in urban areas like Taipei.

Another aspect of the PAP's response could involve China's Coast Guard, which it oversees.

The coast guard is already "very much" on the front lines of China's "coercive" campaign against Taiwan, Wuthnow said, and its role seems to be increasing.

Meanwhile, Taiwan's mountainous terrain, as well as its few major land routes and numerous river crossings, would make it difficult for any invading forces to move.

"If the population of Taiwan were not compliant with a PRC-led occupation authority, the period where the PRC would need to rely on their own police might be quite prolonged," said Philip Shetler-Jones, a senior research fellow in the International Security team at the UK's Royal United Services Institute, using the acronym for the People's Republic of China.

The more PAP forces can take over the "public order" task, the more it frees up combat troops, he added.

An imminent invasion

Military experts and defense officials see signs β€” like China's rapid modernization of its armed forces over the past two decades and drills around Taiwan β€” that suggest that China could take action within a few years.

But the form of that action is a matter of debate, from a blockade to a full-scale invasion.

During a 2021 hearing of the Senate Armed Services Committee, Adm. Phil Davidson, then the US Indo-Pacific commander, said Taiwan was "clearly" one of China's "ambitions" and that he believed the threat would be "manifest" within the next six years.

Chinese leader Xi Jinping said in October, as part of the country's anniversary celebrations, that reunification with Taiwan was "where the greater national interest lies, and it is what the people desire."

"The wheel of history will not be stopped by any individual or any force," he added.

Goldstein of Defense Priorities, who described himself as a bit of an outlier, said he believes China is ready to take over Taiwan now "if they choose to," and that the PAP's Special Operation Forces would likely play a significant role.

They "will be in very high demand in a Taiwan scenario," he said.

He added that China regards Taiwan as internal security. "So, for them, the use of these forces is entirely legitimate."

Read the original article on Business Insider

I drove an $84,000 Mercedes-Benz CLE Cabriolet. Here are 14 features that show it's a world-class luxury convertible.

The right front of a blue 2024 Mercedes-Benz CLE450 4Matic Cabriolet parked in on a street.
The 2024 Mercedes-Benz CLE450 4Matic Cabriolet.

Benjamin Zhang/Business Insider

  • The Mercedes-Benz CLE is all-new for 2024 and one of the brand's two remaining convertible models.
  • I recently drove a 2024 Mercedes-Benz CLE450 with 4Matic all-wheel-drive.
  • I enjoyed the CLE's mild-hybrid I6 engine, luxurious cabin, immersive tech, and quiet open-air ride.

The Mercedes-Benz CLE Cabriolet is all-new for 2024, replacing the C-Class and E-Class cabriolets in the brand's lineup.

The CLE and the SL Roadster are the only drop tops left in the Mercedes-Benz portfolio that has offered five convertibles in recent years.

I recently reviewed a 2024 Mercedes-Benz CLE450 4Matic Cabriolet with an as-test price of $84,140. I was impressed by its strong turbocharged six-cylinder engine, luxurious cabin, immersive tech, and quiet ride even with the top down.

My six-cylinder CLE450 4Matic Cabriolet test car starts at $73,850, but freight fees and optional extras like Nappa leather, blue metallic paint, and a driver-assistance package added $10,000 to the price tag.

Here are 14 features that show why the CLE450 Cabriolet is a world-class luxury convertible.

Classically attractive styling
Two photos show the front and rear of a blue 2024 Mercedes-Benz CLE450 4Matic Cabriolet parked on the street.
The 2024 Mercedes-Benz CLE450 4Matic Cabriolet with premium Starling Blue Metallic paint.

Benjamin Zhang/Business Insider

The CLE features an aerodynamic "shark nose" front end shared with the current Mercedes-Benz C-Class. The CLE's front fascia features a large, three-dimensional chrome grille with a galaxy of small three-pointed stars surrounding the large Mercedes-Benz three-pointed star logo in the center.

The smooth, seamless rear fascia features LED taillights and chrome faux exhaust tips.

Turbo V6 power
A 3.0-liter, turbocharged inline-6 cylinder engine under the open hood of a blue 2024 Mercedes-Benz CLE450 4Matic Cabriolet.
The CLE450's turbocharged straight-six engine is effortlessly powerful.

Benjamin Zhang/Business Insider

Under the hood of the CLE450 is a mild hybrid 3.0-liter, turbocharged straight-six engine that produces 375 horsepower and 369 lb-ft of torque.

The engine is supplemented by Mercedes' 48-volt mild-hybrid system, which uses an integrated starter generator to contribute an additional 23 horsepower and 151 lb-ft of torque. The system is designed to mitigate the effects of turbo lag and quicken the response of its auto start/stop system.

My six-cylinder CLE450 test car boasts EPA fuel economy figures of 23 mpg city, 32 mpg highway, and 26 mpg combined.

Open and close on the go
The convertible top of a 2024 Mercedes-Benz CLE450 4Matic Cabriolet retracting.
The CLE Cabriolet's retracting top folds neatly into the trunk.

Benjamin Zhang/Business Insider

The CLE's fabric top can open or close in just 20 seconds. The acoustic soft top, which operates at speeds up to 37 mph, features extensive insulation and is designed to reduce wind and road noise.

Wind deflection tech
The Aircap wind deflectors on a blue 2024 Mercedes-Benz CLE450 4Matic Cabriolet.
The Mercedes-Benz Aircap system uses two separate wind deflectorsΒ 

Benjamin Zhang/Business Insider

The CLE comes with a wind-deflection system to keep the wind out of your hair. The Mercedes AIRCAP wind deflector system directs air high above the vehicle so that occupants can enjoy open-top driving without being blasted by wind at high speeds.

The system consists of a wind deflector that extends a few inches above the top of the windshield and a mesh deflector behind the rear seats.

Airscarf
The air scarf vent on the black leather front passenger seat of a blue 2024 Mercedes-Benz CLE450 4Matic Cabriolet.
The CLE450 Cab's Airscarf is controlled by buttons on the door.

Benjamin Zhang/Business Insider

The front seat headrests are equipped with the Mercedes-Benz "airscarf" system, which uses a constant stream of warm air to create a virtual scarf for the CLE's passengers.

Perfect for top-down driving on a cold day.

Effortless performance
The front cabin of a 2024 Mercedes-Benz CLE450 4Matic Cabriolet.
The CLE450 Cabriolet's front seats are comfortable and supportive.

Benjamin Zhang/Business Insider

The CLE450 drives like a true grand tourer, smooth and effortlessly powerful. Unlike a pure sports car, it's athletic but performs without compromising comfort.

Thanks to the AIRCAP system, the cabin remains remarkably quiet and civil. Even with the top down, you can carry on a conversation at a normal volume at highway speeds.

The engine is smooth and delivers near-instantaneous acceleration through its slick-shifting 9-speed automatic transmission.

The mild hybrid system performed as expected, effectively filling in any holes in the engine's torque and smoothing the traditional harshness of an auto start/stop system.

According to Mercedes, the 375 horsepower CLE450 4Matic can run from 0 to 60 mph in an impressive 4.2 seconds.

Luxurious cabin
The front dash of a 2024 Mercedes-Benz CLE450 4Matic Cabriolet.
The CLE's front dashes borrow heavily from the Mercedes-Benz C-Class.

Benjamin Zhang/Business Insider

The CLE Cabriolet's cabin is stylish, luxurious, and comfortable. Its interior is an elegant blend of modern design and callbacks to classic Mercedes-Benz of days gone by, like the giant 11.9-inch touchscreen sitting below the trio of vintage turbine-design air vents.

Material and build quality are excellent. The warmth and organic feel of the black Nappa leather upholstery and anthracite wood trim offset the cold industrial feel of the CLE's metallic accents.

High-tech driver interface
Three photos show the steering wheel, head-up display, and digital instrument display in a 2024 Mercedes-Benz CLE450 4matic Cabriolet.
The CLE450 has a digital instrument display instead of a traditional analog gauge cluster.

Benjamin Zhang/Business Insider

In front of the driver is a stylish three-spoke leather-wrapped steering wheel and a 12.3-inch digital instrument display.

The display is highly configurable, with layouts ranging from a traditional dual analog gauge look to a full-page navigation map.

My test car was also equipped with a handy color head-up display.

Updated infotainment tech
Three photos show the navigation map, web media streaming, and drive mode menu on the 11.9-inch infotainment screen in a 2024 Mercedes-Benz CLE450 4Matic Cabriolet.
The CLE's 11.9-inch infotainment screen supports wed media streaming on YouTube.

Benjamin Zhang/Business Insider

The CLE's 11.9-inch touchscreen is equipped with the third-generation Mercedes-Benz User Experience, or MBUX, infotainment system. The system is pretty well sorted at this point. It's responsive and easy to navigate, and the graphics look terrific. The system's overeager voice assistance is also far less intrusive than in past iterations.

The screen is home to the CLE's 360-degree camera system, drive mode menu, and web browser.

The CLE comes standard with wireless Apple CarPlay and Android Auto.

Variable angle infotainment screen
Two photos showing the 11.9-inch infotainment on the center stack of a 2024 Mercedes-Benz CLE450 4Matic Cabriolet positioned at different angles.
The CLE's adjustable angle infotainment screen comes in handy when the top is down.

Benjamin Zhang/Business Insider

A touch-sensitive button immediately below the screen allows the occupants to change the screen's tilt from 15 degrees to up to 40 degrees to combat glare.

Snazzy wheels
The left side of a blue 2024 Mercedes-Benz CLE450 4Matic Cabriolet with the top down.
The 2024 Mercedes-Benz CLE450 4Matic Cabriolet's snazzy wheels look great.

Benjamin Zhang/Business Insider

My test car came with 20-inch AMG multispoke wheels. The upgraded wheels were an $850 option. Otherwise, the CLE450 Cabriolet comes with 19-inch wheels.

Advanced safety tech
The left side of a blue 2024 Mercedes-Benz CLE450 4Matic Cabriolet parked by a fence.
A 2024 Mercedes-Benz CLE450 4Matic Cabriolet.

Benjamin Zhang/Business Insider

Standard features on the CLE include adaptive high beam assist, active brake assist, Parktronic with active parking assist, blind spot assist, and Presafe.

You'll need to opt for the $1,950 Driver Assistance Package to get goodies like adaptive cruise control, automatic lane change assist, and active lane keeping assist.

Seats that stay cool
The black leather front seats in a blue 2024 Mercedes-Benz CLE450 4Matic Cabriolet.
The CLE450 Cab's front seats feature aesthetically pleasing diamond stitching.

Benjamin Zhang/Business Insider

The CLE's seats remain surprisingly cool to the touch, even when exposed to the sun. That's because the leather used in the drop top is treated with a special coating that helps it reflect sunlight and remain up to 53 degrees Fahrenheit cooler than untreated leather, Mercedes says.

Burmester premium audio system
The Burmester speakers behind the rear seats of a 2024 Mercedes-Benz CLE450 4Matic Cabriolet with the top down.
The CLE's Burmester sound system's tonneau cover-mounted speakers.

Benjamin Zhang/Business Insider

My CLE test car came equipped with a Burmester sound system, which boasts 17 speakers and 710 watts of output. It delivers a clear and powerful sound even with the top down at highway speeds.

Read the original article on Business Insider

The myth of the millennial minimalists

Beanie with bills.

Juanjo Gasull for BI

About a decade ago, I loaded a couple of midsize suitcases, three large Ikea bags, a pair of 10-gallon Rubbermaid totes, a laundry basket, and two heavily sedated cats into a U-Haul and moved from Toronto to New York City. All my belongings fit neatly into my tiny new Brooklyn bedroom, with plenty of square footage to spare. Turns out, my relative lack of stuff was right on trend.

At the time, millennials like me were buying and owning less, purportedly breaking the mold of American consumerism. We Instagrammed our sparsely furnished, overly beige interiors. We eschewed car ownership and suburban McMansions in favor of bikes, car-share memberships, and big-city apartments with roommates. We were spending our money not on things but on experiences β€” and blogging about it, too.

"If the millennials are not quite a postdriving and postowning generation, they'll almost certainly be a less-Β­driving and less-Β­owning generation," declared a September 2012 article in The Atlantic titled "The Cheapest Generation." Our reputation quickly found a nifty shorthand: Millennials were a generation of minimalists.

As I write this from the same tiny Brooklyn bedroom, I can see my closet doors straining against the weight of a nearly bursting trash bag filled with cast-off clothing I keep meaning to recycle. The three Ikea bags are stacked full of dirty laundry, which my partner or I would probably get around to washing if we didn't have plenty of other stuff to wear. Our dresser top is strewn with impulse buys you'd find in a drugstore checkout line. I can think of a few descriptors for the state of my surroundings, but "minimalist" isn't one of them.

While my fellow 28- to 43-year-olds have yet to shake our association with less-is-more living, that old stereotype doesn't quite stand up to scrutiny anymore. Consumer-spending data suggests we have no trouble dropping our hard-earned cash on goods and services β€” experiences and things. As we've built careers and started families, our buying habits increasingly resemble those of Gen X and boomers when they were the age we are now.

Millennials haven't been minimalists in years. In fact, we may have never been minimalists at all.


The minimalist-millennial myth began in the early 2010s in the aftermath of the Great Recession. As the "next generation" of leaders, workers, and spenders, my contemporaries' behavior was of keen interest to marketers, business leaders, and economists. So when my generation, rattled by a catastrophic recession, wasn't buying as much as our predecessors, concern spread that our diminished purchasing power β€” or worse, our somehow radically different priorities and values β€” might signal the end of the consumer-spending spree that had powered the nation's economy since the end of World War II.

It affirmed the widely held suspicion that we were a generation of coddled Peter Pans who refused to put down the avocado toast; buy some cars, houses, and house-sized volumes of stuff; and just grow up already.

Throughout the decade, a breadcrumb trail of survey data seemed to back up these concerns. In a 2016 Harris Poll, 78% of millennials said they would rather pay for an experience than material goods, as opposed to 59% of baby boomers. A 2015 Nielsen survey similarly found that millennials went out to eat at nearly twice the rate of their parents β€” they would rather eat their riches than stockpile them. The 2014 English-language translation of Marie Kondo's "The Life-Changing Magic of Tidying Up" sold over 9 million copies, spawning a cottage industry of aspiring millennial declutterers.

The minimalist trend wasn't entirely bogus from a cultural standpoint. "The recession was a real force for people fetishizing simplicity and turning frugality into a virtue, making the best of what you have rather than prioritizing consuming more or consuming flashier things," said the writer Kyle Chayka, whose 2020 book "The Longing for Less" digs into the perennial appeal of a more pared-down way of living.

The postrecession era also saw the rise of smartphones, which ushered in digital sensory overload. Seemingly overnight, apartments and Instagram grids were awash in the clean lines and open spaces of midcentury-modern design (or, at least, Ikea's approximations of it). "There's so much chaos in our phones," Chayka said. "Why would you want more chaos in your physical surroundings?"

Millennials' minimalism became an economic-anxiety Rorschach test. Depending on the beholder, our perceived underconsumption might have signaled a virtuous departure from the poisoned cycle of production, purchase, and disposal. For others, it affirmed the widely held suspicion that we were a generation of coddled Peter Pans who refused to put down the avocado toast; buy some cars, houses, and house-sized volumes of stuff; and just grow up already. Though it was largely an aesthetic trend, the myth of millennial minimalism was so central to my cohort's cultural identity that it may as well have been real.

But in reality, this theory of arrested economic development was always a bit of a mirage. Throughout the 1950s and '60s, consumer spending accounted for roughly 60% of US GDP; since the early 2000s, despite millennials' purported lack of spending, it's held steady at just under 70%.

Take one of the most talked about large purchases that millennials were eschewing: cars. Automobile ownership has been a central tenet of the American dream since the '50s, when the health of the automobile industry became closely tied to the country's economic growth and prosperity. No longer needed for building tanks and munitions to ship overseas, factory assembly lines "newly renovated with Uncle Sam's dollars" were repurposed to build tens of thousands of new cars, which American consumers eagerly bought up, the Harvard historian Lizabeth Cohen wrote in her 2004 book, "A Consumers' Republic." Even now, demand for cars is looked at as a bellwether for consumer spending and the US economy more broadly.

It's no coincidence then that millennials' apparent resistance to car ownership, in particular, jumped out as evidence of our radically shifting consumer ethos. One widely circulated data point came from a 2010 CNW Group analysis, which reported that 21- to 34-year-olds in the US were responsible for just 27% of new-car purchases, down from a high of 38% in 1985. News outlets cited this data as proof that millennials, as a whole, were less interested in buying cars than their boomer parents or their older Gen X siblings. What they failed to consider was how present circumstances β€” such as the ripple effects of a then very recent economic crisis, especially among young adults just entering the workforce β€” might alter how people spent their money, especially on big-ticket items like brand-new cars.

In 2016, the Federal Reserve Board issued a report that sought to set the record straight by pointing out that the anti-car narrative about millennials didn't take the Great Recession into account. The report argued that the economic downturn almost certainly shaped people's spending as much or more than the technological and cultural changes that were happening at the same time. Proving the point, young adults were back to buying cars by the mid-2010s. Nowadays, millennials have fully caught up: Since 2020, we've accounted for almost 30% of the nation's new-vehicle registrations, a rate that's roughly on par with baby boomers and only slightly below that of Gen X, Experian research found. But by the time the Fed report was released, it was already too late. The truism of millennials as minimalists was entrenched.


So if millennials aren't minimalists, what exactly are we? Sociologists would likely tell you that's the wrong question to ask β€” people's behaviors and lifestyles change over time, as do societal norms and priorities. The question isn't how to best define millennials as consumers but whether millennials' young-adult spending was markedly different from that of prior generations.

For answers, we can turn to consumer-spending records. Since 1984, the Bureau of Labor Statistics has been conducting its Consumer Expenditure Surveys to see how different American age cohorts spend money. Granted, the picture it paints is somewhat incomplete; by 1984, most boomers were well past their early 20s, making a direct comparison with millennials challenging. Still, it offers a useful baseline for comparing different age groups' spending over time. Sure enough, when adjusted for inflation, Americans under 25, between 25 and 34, and 35 to 44 have spent roughly similarly across most major consumer categories for the past four decades, with momentary dips overlaying periods of recession followed by bounce backs. While it's true that millennials are spending more of their budgets on airfare and vacation rentals than older generations did at the same age, the same can be said for Gen Zers, Gen Xers, and baby boomers β€” everyone is splurging on travel right now.

Because younger adults tend to have fewer family responsibilities and far less wealth than adults in their professional prime, they spend less overall. As their expenses and income accrue over time, they spend more β€” especially once kids enter the picture, bringing new mouths to feed, bodies to clothe, and hobbies to equip. Now that millennials have families of their own, they're even more overwhelmed by clutter than their boomer parents before them, buried under piles of ever-cheaper toys.

In other words, millennials' style of spending isn't special; it's cyclical.

To further the point, millennials now account for the largest share of homebuyers, making up 38% of the homebuying market, according to a report from the National Association of Realtors. Our tilt toward homeownership isn't new, either. We'd nearly caught up with our boomer parents way back in 2019, according to Freddie Mac; 43% of us owned homes, just shy of the 45% of baby boomers who were able to buy their first homes between 25 and 34. Whatever we weren't buying in our 20s, we are making up for in our 30s and 40s.

"There's the ongoing narrative that millennials can't afford housing or don't own houses, that they're renters, but when you look at the data, 25- to 34-year-olds are just as likely to be homeowners now as they were in 1993," said Bryan Rigg, a BLS economist who oversees Consumer Expenditure Survey microdata for public use. "Really, a lot of the expenditure patterns are similar." One major exception is that today's 20- and 30-somethings are a lot more comfortable taking on debt to buy things β€” like cars and homes β€” than in the past.

For better or worse, public memory is short. Many of today's young adults might not even be aware that the current crop of 30-somethings were ever considered minimalists in the first place. There's evidence that the rest of us are starting to forget, too. Maybe you've read about the new TikTok trend sweeping Gen Z: a mindful alternative to the "haul" culture that's grown around ultrafast fashion and ultracheap e-commerce platforms. It's a whole new approach to stuff. Some have said it might even slow down the economy. This time around, we're calling it "underconsumption core."


Kelli MarΓ­a Korducki is a journalist whose work focuses on work, tech, and culture. She's based in New York City.

Read the original article on Business Insider

Allow me to recommend my favorite part of Spotify: audiobooks

Spotify logo reads a book.
New-release audiobooks are free with a paid Spotify subscription.

Spotify; Getty Images; Chelsea Jia Feng/BI

  • Spotify added audiobooks last year. Paid subscribers get 15 hours worth each month.
  • You can also get them through Amazon or your library β€” celebrity memoirs are great on audiobooks.
  • I'd never cared one way or the other about Al Pacino until I listened to him read his audiobook.

You probably already know that Spotify offers audiobooks with its paid-tier subscriptions. (If not, now you do!)

You might even be confused as to why I'm mentioning this when the audiobook feature launched more than a year ago, in November 2023.

Well, I'm writing this because fairly often over the last year, when I'm talking to people and I mention that I've listened to a book on Spotify, they're surprised β€” they didn't notice the audiobook feature even if they're a regular Spotify music listener. Or maybe they didn't realize that the books were all included for free with their subscription.

So I am taking it upon myself, during this quiet dead time between the holidays to remind you all:

You can listen to books for free* on Spotify.

(*OK, technically, you get 15 hours a month for free with your subscription. That's typically one or two books. If you go over, you can purchase more books Γ  la carte. For me, 15 hours is fine.)

On Amazon, the largest bookseller, you can go through its Audible subscription service, which charges a monthly fee in exchange for credits you can use to purchase audiobooks. Amazon Music is now doing something similar to Spotify β€” you get one free book to listen to a month with a paid subscription.

Al Pacino
I listened to Al Pacino read his biography as part of a Spotify audiobook β€” and I was hooked on them.

Kevin Winter/Getty Images

Of course, there are people who are extremely high-volume consumers of audiobooks β€” and one book a month isn't going to even come close to cutting it for them. On Reddit, some of these power listeners who burn through three to five books in a week discussed their strategies: mixing together Audible credits, the one free Amazon Music books, and Libby (the app for public libraries, which is great because it's unlimited and actually free, but it doesn't have everything and there can be long wait times for new releases or popular titles).

There's also a shady underworld to audiobooks: torrent sites, or YouTube brain rot-style videos where someone plays Minecraft over the audiobook narration for the entire "Lord of the Rings" series.

I don't condone any of that. Point is: With Spotify or Amazon Music, the audiobooks are a nice add-on. They could completely change your reading habits if you're now someone who really loves the feel of paper in your hands or likes to curl up with their Kindle.

If you've never listened to audiobooks, allow me to make the case for a specific genre that they're perfect for: celebrity memoirs, especially if the celebrities themselves read them.

Most recently, I listened to Al Pacino's autobiography, "Sonny Boy: A Memoir." Pacino reads it himself, and it's the perfect delivery β€” he's got all the strangely YELLED WORDS!!! and quiet asides. At points, I wondered if he was even going off-script, it sounded so natural.

I hadn't previously particularly cared much either way about Al Pacino, but I finished the book absolutely delighted by him and his commitment to leading an artistic life. But I truly think that I wouldn't have found the book as compelling if I had read it on paper β€” his reading of it added so much.

Celebrity autobiographies often aren't exactly hugely weighty or complicated tomes β€” you can listen as you would a podcast: while doing the dishes, grocery shopping, driving.

So here's my pitch: If you're already paying for Spotify, Amazon, or any other service, give an audiobook a try. It's usually free, there's nothing to lose β€” if you think the book stinks, just start a new one!

Read the original article on Business Insider

I paid $600,000 for a skinny house built out of spite. Passersby may stare and comment, but it's a good investment.

An aerial view of a skinny house in Florida.
Mike Cavanagh's 10-foot-wide skinny house in Jacksonville Beach, Florida, attracts stares and comments from some passersby.

Open House Optics

  • Mike Cavanagh bought a 10-foot-wide skinny house in Jacksonville Beach, Florida, in 2024
  • It's a spite house because its developer decided to build what he could given city restrictions.
  • Cavanagh said he's glad he bought the skinny house even though it attracts some curious onlookers.

This as-told-to essay is based on a conversation with Mike Cavanagh, a 51-year-old regional manager for a medical device company, who purchased a skinny house built out of spite in Jacksonville Beach, Florida, in 2024. The interview has been edited for length and clarity.

I realized it was time to downsize once my kids got older and moved out.

In 2020, I sold my 3,700-square-foot home and moved into a townhouse. I spent about four years renting, hoping the market would adjust, but it never did. I eventually decided it was time to buy something.

In June, I called a real-estate agent friend in Jacksonville Beach and said, "Hey, I'd like to see a few properties." We toured three homes β€” one was a townhouse, and the other two were three-bedroom houses. None of them felt right.

The exterior of a skinny house and the backyard.
The home is just 10 feet wide and 1,547 square feet.

Open House Optics

Later, they called and said, "I've got something you need to see. It's really unique."

The moment I walked into the house, I turned to my real-estate agent and said, "I'll take it."

The home is 10 feet wide and 1,547 square feet, with two bedrooms and 2Β½ baths. Despite its narrow layout, the exterior has great curb appeal. Inside, it has a modern feel, with beautiful flooring and tile work throughout.

The same day I toured the home, I made an offer. It was accepted, and we closed in just 30 days. I purchased it in early June for just over $600,000.

The home feels like the right size for me

At first, I didn't know much about the home's history. What drew me in was the neighborhood β€” it was quiet and peaceful, which I liked. The house is also the perfect size for me since I'm single. If I were 40 with young kids, it wouldn't have worked.

Eventually, I met with the home's builder. He explained that he had owned the lot for a long time, and while neighbors wanted to buy it, he wasn't willing to sell.

Originally, he wanted to build a 15-foot-wide home, but the city said no. So, he decided to do it his way and make the home 10 feet wide. That's how its unique design came to be.

A bedroom and closet in a skinny house.
The master bedroom features a built-in platform that can be used as a bed frame.

Open House Optics

I've definitely acclimated to the home. It doesn't feel small; its bumped-out walls give the house an almost container-like feel, reminiscent of an RV from the outside.

One of the home's unique features is its built-in nooks. The upstairs bedroom has a built-in platform where my mattress sits, so I don't need a bed frame.

Another important feature of the home is its natural light. The builder did an excellent job positioning the windows to create a bright, inviting atmosphere.

Cavanagh's living room with built-in couch
Cavanagh hired an interior designer to help decorate the space. Features of the furnished home included a built-in couch in the living room.

Courtesy of Mike Cavanagh

I hired a local designer, and together we developed a vision for the space.

I do entertain sometimes, but I don't have massive dinner parties. I just wanted to create a great environment for working from home.

We added a built-in white oak couch in the living room with custom cushions. It was a bit pricey but totally worth it because it's incredibly comfortable and has an artsy vibe. By the TV, we also installed built-in shelving and cabinets made from white oak.

I think the skinny house is a good investment

I think the fact that my home was featured on Zillow Gone Wild and that there used to be a "For Sale" sign in the yard both drew a lot of attention.

It's more subdued now, but I occasionally notice random people driving by or walking past and making comments.

I still get jokes, too. Some friends introduce me socially as "the guy who bought the skinny house."

A very narrow garage.
The home's narrow garage.

Open House Optics

Sometimes, when I meet my neighbors, they mention that they thought the house would be bought and turned into an Airbnb since there are plenty around Jacksonville Beach.

Compared to other cities in Florida, Jacksonville Beach has been slow to develop, which helps keep it affordable β€” especially relative to other beach towns.

As more people discover it's a fantastic place to live, there's been an influx of movers from the Northeast, some from California, and many from the Midwest.

My real-estate agent and I agreed that the house wouldn't lose equity with Jacksonville Beach's population growing.

An oceanfront picture of Jacksonville Beach, Florida.
Jacksonville Beach, Florida.

felixmizioznikov/Getty Images/iStockphoto

If I change jobs or decide to move, I'm confident my home will attract enough interest to sell quickly. I could also rent it out on Airbnb. So I have plenty of options for the home in the long term.

But I plan to continue living in the home. It's my only property, and my job is based in the area, for now at least.

Overall, I do think buying the home was a good decision. Smart people just don't buy real estate to make money; they buy to have a great place to live β€” and to avoid losing money.

This home was definitely a solid investment.

Read the original article on Business Insider

Biden's broad student-loan forgiveness efforts are officially over and borrowers are left wondering what's next: 'It feels like we're in a pretty hopeless situation'

Graduating student looking out.

Getty Images; Jenny Chang-Rodriguez/BI

  • Student-loan borrowers are entering the new year with uncertainty on their payments and debt relief.
  • Ongoing litigation with the SAVE repayment plan makes it difficult for some borrowers to plan financially.
  • Biden also officially withdrew his broad debt relief plans, and any future relief under Trump is unlikely.

Wade Burt, 67, is entering the new year without knowing when β€” or if β€” he'll be free of his nearly six-figure student-loan balance.

Burt first took out just under $20,000 in student loans for an associate degree in avionics that he earned in 1988. However, he had periods of unemployment through 1998, during which he could not afford student-loan payments. Over the years, the interest on his loans ballooned his balance.

He eventually earned a bachelor's degree in information systems management, which has allowed him to secure a well-paying job. Burt said he hopes to retire in a few years, but he doesn't see an easy route to getting a handle on the debt.

"I don't have any confidence that I'll pay the student loans beyond 72 because I just won't have that kind of income," Burt told Business Insider, saying that his Social Security checks won't be enough to help. "The reality is that I'm in the last third of my life, and I don't know if we will be able to make those student loans go away."

Millions of other Americans holding student loans are facing similar uncertainties. President-elect Donald Trump is taking office in less than a month, and he's made clear that he opposed President Joe Biden's efforts to enact incremental and broad student-loan forgiveness.

Plus, Biden's Education Department recently withdrew its unfinished broader debt relief rules, citing a limited amount of time to implement them before the end of Biden's term.

With Republican opposition to student-debt relief, some borrowers told BI they don't feel confident about significant balance reductions over the next four years.

"It feels like we're in a pretty hopeless situation," Burt said. "It's a weight on us, and we don't get very solid answers, so it's pretty hard to plan with all those conditions in place."

The Trump transition team did not immediately respond to a request for comment from BI.

'We're in this waiting game'

Aimee Cooper just wants to know when β€” and how much β€” her next monthly payment will be.

Cooper, 53, has been enrolled in the Public Service Loan Forgiveness Program since it started in 2007, which forgives student debt for government and nonprofit workers after 10 years of qualifying payments. She went back to school over the course of the 10-year period to earn two master's degrees, during which her loans were put on in-school deferment and pushed back her forgiveness timeline.

Her student-loan servicer estimated she's less than 10 payments away from reaching forgiveness through PSLF. But she's not sure when that will be achievable because the student-loan repayment plan she's enrolled in β€” the SAVE plan, created by Biden to make payments cheaper and shorten the timeline for borrowers to reach debt relief β€” is paused as a result of a GOP-led lawsuit to block the plan.

All borrowers enrolled in the SAVE plan have been placed on forbearance until a court issues a final decision, which means that even if Cooper does choose to make a payment during this time, it will not count toward her PSLF progress.

"We're just in limbo, wondering what's going to happen," Cooper told BI. "We're not asking for special favors, none of us are. We're just asking for someone to tell us what to do."

The Education Department recently reopened two income-driven repayment plans that would give borrowers the opportunity to switch from the SAVE plan and enroll in a new plan to make payments and get credit toward PSLF. Borrowers would likely see different, and possibly higher, payments on those plans, so some might choose to wait until the fate of SAVE is decided.

Malissa Williams, 40, has found herself in the same boat. Working as a nurse, Williams is also enrolled in PSLF, and through the SAVE plan, she was making steady progress toward forgiveness. She's now in forbearance due to the SAVE litigation, and she said she's attempted to contact her servicer's customer service representatives, but the long hold times have rendered it nearly impossible for her to get clear answers on what her next steps should be.

"I'm terrified because there's been the discussion of the income-driven repayment plans going away," Williams told BI. "And when I looked at what my payments could be, it was back up to almost a thousand dollars a month, and that would be a significant blow that would put my student loan payment almost at what my mortgage is."

Some higher education experts previously told BI that regardless of what a court decides on the SAVE plan, Trump's administration is unlikely to continue Biden's repayment and relief efforts. It's also possible that Trump could work to rescind existing regulations, but doing so through the rulemaking process could take at least a year. Trump has also previously suggested eliminating PSLF altogether, but that would require congressional approval, and there has not yet been sufficient support among lawmakers to make that happen.

The uncertainty with SAVE and the actions that Trump's administration might take leave borrowers in a bind as they try to plan for their financial futures.

"We're in this waiting game," Cooper said. "Who knows what's going to happen."

'It's a feeling of anxiety, but also defeat'

With Republicans holding control of both Congress and the White House, GOP-led higher education legislation has a greater chance of being signed into law over the next four years. A key bill, the College Cost Reduction Act, could benefit borrowers by requiring pricing transparency in college programs to limit the amount of debt students have to take on. It would also aim to limit the education secretary's authority to enact debt relief for borrowers outside existing repayment programs.

Rep. Virginia Foxx, the top Republican on the House education committee, said in a recent statement that Biden's debt relief efforts have tried to "foist student loan debt onto hardworking taxpayers."

"The result? A broken student loan program and false hope for millions of borrowers," Foxx said. "Thankfully, on January 20th, Americans will be able to trust the information that's coming from the White House again."

Molly Valentine Dierks, 44, said she's worried that ending relief programs would jeopardize her future investments. Dierks, a college teacher, is enrolled in the SAVE plan, and if the GOP litigation succeeds, she expects her payments to surge, and it would impact her ability to buy a house.

"There's reverberating effects for my financial future," Dierks said. She added that if it comes to it, she has the fortune of falling back on her family for financial support, but she's concerned for her students and other borrowers who don't have that as an option.

"It's a feeling of anxiety but also defeat," Dierks said. It's unclear what's in store for millions of federal student-loan borrowers in the new year. A court decision on SAVE is still pending, and it's unclear how Trump's education department will choose to manage existing repayment and forgiveness programs, including PSLF and the borrower defense to repayment for defrauded borrowers.

Burt, the 67-year-old borrower, said he hopes that the incoming administration will consider assistance for those who have made good-faith efforts to repay their student loans.

"There has to be some empathy for the person who went to school to get a degree to improve their life and never achieved what they expected that degree to achieve," Burt said.

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6 of the biggest engagement ring trends you'll see in 2025, according to a private jeweler

A hand holds an emerald cut engagement ring in front of a floral bush.
Elongated rings will be popular in 2025.

Anna P. Jay

  • Engagement ring trends evolve year after year.
  • Private jeweler Anna P. Jay said elongated stones and thicker bands will be popular in 2025.
  • Colorful stones and personalized details are on the rise, too.

The holiday season is in full swing, which means engagement season is, too.

And as the first proposals of the year roll in, we'll get a peek at the engagement rings that will be big in the coming months.

Business Insider spoke to private jeweler and jewelry store owner Anna P. Jay about the engagement ring trends that will be everywhere in 2025.

Elongated shapes will be popular in 2025.
A woman holds up her hand with a pear-shaped engagement ring on it.
Elongated shapes are becoming popular.

Anna P. Jay

Jay told BI that elongated-shaped stones, including emerald, oval, pear, and marquise-shaped, are becoming more popular.

"Elongated shapes are great because they visually trick the eye into appearing larger," Jay told BI of their appeal.

"I've started to do a lot of pear engagement rings all of a sudden. They're kind of the next step from oval," she said. "And then I think marquise is going to follow."

Recent celebrity engagement rings match Jay's predictions. For instance, in December 2024, Benny BlancoΒ proposed to Selena GomezΒ with a marquise diamond.

People are embracing color in their engagement rings.
Two hands show off different rings. One hand features an off-center pear-shaped ring and a bezel ring with an orange gem, and the other features a toi-et-moi ring with a green and diamond stone.
Colorful rings are on the rise.

Anna P. Jay

Diamonds will always be popular for engagement rings, but other stones are also becoming go-to's, Jay told BI.

"People are not shying away from diamonds, but I think that we're starting to see more color," Jay said.

Sapphires, rubies, and emeralds are often popular for colorful engagement rings because they're durable. Jay said people are getting more creative with their tinted stones, too, particularly with toi-et-moi rings.

"Over the summer, I did a toi-et-moi where I said, 'Bring me a color that you like,' and we matched the stone, which ended up being a tourmaline, to the color of eelgrass for a client."

"We're allowing ourselves a little bit more creativity, a little bit more flexibility to get the look that we want using colored stones," she added.

Bands are getting thicker.
An oval-shaped diamond ring with a diamond band sits on a woman's finger.
Thicker bands are on the rise.

Anna P. Jay

"The 80s are back in a very big way," Jay said, which she said means many people are opting for "bigger and chunkier" bands.

Thicker bands are as stylish as they are practical. They are typically more stable than the thin bands popular in 2023 and 2024.

"The conversation I have with my clients is like, 'You're going to wear this for the rest of your life. While we love a dainty band now, it's going to be a headache long term,'" Jay said, adding that making a band even slightly thicker can be beneficial.

"If we can add tenths of millimeters, you're visually not going to be able to tell a difference, but structurally, it's going to be much more sound," she told BI.

Yellow gold settings are still popular, but you might also see more white gold.
A hand with a round engagement ring in front of a wall with a bird drawing on it.
Yellow gold bands won't be as dominant.

Anna P. Jay

Yellow gold has become common for many people's engagement bands, but Jay anticipates white gold and silver will be on the rise in the coming year.

"I think it's going to take two or three more years, but I think we are edging toward more white and silver," Jay said. "Gold is becoming…expensive."

She added that the increase in the cost of gold had led people to wear sterling silver for day-to-day jewelry, making it more likely to select a white gold, platinum, or silver band for their engagement rings to match.

People are gravitating toward hidden details.
A side view of an engagement ring with hidden details in the setting.
Hidden details are in.

Anna P. Jay

Jay told BI that she's still seeing people embrace small details in their engagement rings, like hidden halos or personalized engravings.

"One of my favorite things to do is birthstones in a band," Jay said, often "discreetly" tucking a couple's birthstones into the setting.

She also told BI that these details are becoming more popular because couples design parts of their custom rings together, and the details allow the proposer to still give their partner an element of surprise in the ring.

"We're involving our partners more in this process," she said. "Maybe we talk about the shape of the stone, but they're not aware of how it's going to be set, when it's happening, or the budget."

And no matter the design, people will prioritize their center stones.
A hand holds an emerald cut engagement ring in front of a floral bush.
The center stone is key.

Anna P. Jay

Jay also told BI that people will invest their money into a center stone rather than selecting rings with multiple stones, which she said gives them the flexibility to reset the setting over time.

"If you ever did want to reset it, you could add side stones or put it in a chunkier setting or something like that," she said.

Jay told BI that it's also easier for people to stack other rings with theirΒ engagement and weddingΒ rings down the road when they're simpler.

"Consider making your wedding band just a gold or platinum solid band so that you do have that flexibility in the future to stack and play with and make it a little more fun and playful," she advised.

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