Monthly Archives: October 2022

I was one of those Airbnb hosts who made guests do chores before checking out — then I realized it was a ridiculous ask. Here’s where I landed on who cleans what.

Melissa Forrest. Courtesy of Melissa Forrest Melissa Forrest is an Airbnb host who makes $35,000 a month in revenue. She says recent complaints about guests having to do chores are reasonable. However, she believes in extra cleaning fees if a guest leaves a big mess. This as-told-to essay is based on a conversation with Melissa Forrest,…

People in Kyiv describe how, in a barrage of missiles, Russia shattered the hope of life returning to normal

A fire after Russian missiles hit central Kyiv on October 10, 2022. REUTERS/Gleb GaranichCars burn after Russian military strike, as Russia’s invasion of Ukraine continues, in central Kyiv, Ukraine October 10, 2022. Kyiv went months without missile strikes, and peple rebuilt a little despite war with Russia. But strikes on Monday killed at least five…

Cathie Wood says in an open letter to the Fed that it’s time to stop hiking rates as leading inflation indicators plunge

Ark Invest CEO Cathie Wood. Photo by Marco Bello/Getty Images Cathie Wood warned the Federal Reserve in an open letter that its interest rate hikes could spark a deflationary bust.She said leading inflationary indicators are falling, and that the Fed is overly focused on lagging indicators.“Could it be that the unprecedented 13-fold increase in interest…

Stocks may hold up better than expected in a coming recession, as the market appears to already be pricing in deep cuts to earnings, Leuthold Group’s Jim Paulsen says

Traders work on the floor of the NYSE in New York Brendan McDermid/Reuters Stocks could hold up better than expected in a coming recession, according to Leuthold Group’s Jim Paulsen. Paulsen pointed to steep losses in the S&P 500 this yer, a sign that a drop in earnings is being priced in.  That means stocks…

A millionaire landlord has 3 tips for anyone thinking of buying rental real estate right now

Insider’s experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our our partners, however, our opinions are our own. Terms apply to offers listed on this page. Westend61/Getty Images Marcia Castro Socas has been a landlord for years. She…

Twitch responds to controversial revenue split, says 70/30 is “not viable in the long term”

Twitch has responded to its controversial decision not to amend its revenue split for streamers. At present, that split is 50/50 between Twitch and streamers, unlike key competition like YouTube that favours streamers with a 70/30 split. In a lengthy blog post last month, Twitch explained why it won’t be amending this. Then, at TwitchCon…