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A business man with a tool belt
Portfolio operations jobs are rising in stature at private-equity firms
  • The private-equity business model is changing, giving rise to a new type of talent.
  • People skilled at running companies and technology are playing a bigger role in PE dealmaking.
  • PricewaterhouseCoopers' head of PE practice, Kevin Desai, outlines the new paradigm and its winners.

Dealmakers have always



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New York City Mayor Eric Adams and New York Governor Kathy Hochul in the Red Hook neighborhood of Brooklyn, New York.
New York City Mayor Eric Adams endorsed New York Governor Kathy Hochul's indefinite postponement of congestion pricing this year.
  • NYC is far behind on requirements to build bike and bus lanes, among other non-car infrastructure.
  • This comes after Gov. Kathy Hochul suspended a new toll on vehicles in Manhattan below 60th Street.
  • Advocates stress the need for better bike

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Andrea Wallace with her family
Andrea Wallace and her husband are set to achieve financial independence in four years.
  • Andrea Wallace and her husband became millionaires by 28 through frugality and house-hacking.
  • They bought their first home at 19, renting out rooms to cover their living costs.
  • They plan to retire by 35, focusing on financial independence and pursuing nontraditional careers.

Andrea Wallace, 29, and


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Kamala Harris collage with graphs, charts, and Donald Trump
Good thing they called it Bidenomics and not the Kamalaconomy.

The vibes around Vice President Kamala Harris are very good. There are the memes, the surge in fundraising, and the general improvement in swing-state polling since she took over the Democratic presidential ticket. In fact, the vibes are so good that she seems to have even been able


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Howard Schultz
Howard Schultz.
  • Former Starbucks CEO Howard Schultz sat down for a three-hour interview on the Acquired podcast.
  • He revealed new facts about Starbucks' early days, and warned the business is on a bad path.
  • Schultz spoke about meeting Bill Gates Sr., Steve Jobs, Costco's bosses, and Bernard Arnault.

Starbucks legend Howard Schultz spilled the beans on the company's early days



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A white, pink, and blue Airbus A321 takes off from Brussels South Charleroi Airport to Sofia.
A Wizz Air Airbus A321.
  • Wizz Air is offering customers unlimited flights for a year for 499 euros ($550).
  • The unlimited pass comes with big caveats, namely that you can only book flights three days ahead.
  • You also have to pay a 10 euro ($11) fee every time you book a flight.

Wizz Air, one of Europe's largest ultra-low-cost carriers, is offering people the chance to buy a


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A n engagement ring with a bar through the center over an open mouth
  • "Shut-up ring" has become a popular way to describe imbalanced relationships on social media.
  • They describe relationships in which one person proposed just to appease the other.
  • A wedding therapist said being honest about your needs can help you avoid a "shut-up ring."

When Monica Millington got engaged for the first time, she felt like she had been begging her then-partner



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Left: Stu Macdonald holding a peanut butter jar on a peanut estate in Argentina, Right: Stu Macdonald sat at a table, putting labels on peanut butter jars.
Macdonald came up with the idea for ManiLife while living in Argentina.
  • Stu Macdonald is the founder of a top UK peanut butter brand called ManiLife.
  • Before becoming a full-time entrepreneur, he had an accounting job at PwC.
  • Macdonald said it's useful to have a full-time job as long as possible when pursuing a business.

This as-told-to essay is based on a transcribed conversation with Stu



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Tesla Cybertruck with Elon Musk
Elon Musk shows off a prototype Cybertruck in 2019.
  • The Cybertruck has changed a lot since Elon Musk unveiled it in 2019.
  • It's more expensive, with the cheapest version of the Cybertruck now selling for nearly $100,000.
  • Other features that didn't make it into the final vehicle include crab walking and being able to float on water.

The Cybertruck has changed a lot since Elon



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The author stands on a balcony with pools, palm trees, and palm trees
Business Insider's reporter booked a one-night stay in a grand deluxe room at the Phoenician in Scottsdale, Arizona.
  • The Phoenician is an award-winning, upscale mega-resort in Scottsdale, Arizona.
  • I spent one night at the Phoenician in April and booked a grand deluxe room.
  • The 600-square-foot space had a modern, Southwestern decor style with high-end details.

Luxury


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A woman holding a pen and notebook while sitting in a doorway.
  • At age 30, I was a single mom to four kids, and my career was on hold indeterminately.
  • I'm 51 and probably will never be able to retire — I have the same career goals as my adult kids.
  • My savings are basically nonexistent so I need to catch up with my generation.

This week was a good one for me. I got the green light for a few article pitches from some different outlets