Silicon Valley has been subsidizing millennials' lifestyles for most of our adult lives. We'll still end up poorer.

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Illustration of a wallet coming out of a phone.
I always figured we were lucky to live in an age of Ubers and Airbnbs. Maybe I was wrong.

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Airbnb hosts everywhere are having a bad summer — but the company's stock is still up 70%, sending the fortunes of all 3 cofounders soaring

Tech Insider : Travel
founders airbnb Joe Gebbia Brian Chesky
A 70% in Airbnb shares is lifting the fortunes of its co-founders: Brian Chesky, Nathan Blecharczyk, and Joe Gebbia.

Airbnb

This man paid $600 for an old horse trailer and turned it into a tiny home that he rents out on Airbnb. Take a look at how he did it.

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Khylen Baldwin and his tiny home Airbnb
Khylen Baldwin bought an old horse trailer on a whim and turned it into a tiny home on Airbnb.

Khylen Baldwin

Americans are spending less money even as the Chinese spend more. Take a look at the 5 major US companies winning on China's spending spree.

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Customers go shopping at CDF Sanya International Duty Free Mall on March 22, 203 in Sanya, Hainan Province of China. Hainan province will add two methods, namely
Chinese consumers are back and spending.

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A mom spent $41,000 on a rundown cottage and transformed it into an Airbnb rental. Now she's quit her job to run it.

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Ebonn stands in her completed kitchen in a pink stripped shirt and white pants
Ebonn Twilley inside the 85-year-old South Carolina cottage she spent two years renovating into an Airbnb.

Courtesy of Ebonn Twilley

Your summer vacation could be cheaper this year

Tech Insider : Travel
Airbnb CEO Brian Chesky speaks onstage during
Airbnb CEO Brian Chesky (pictured here in 2016) emphasized the relative affordability his firm's accommodations offer.

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Airbnb CEO Brian Chesky, who lets employees work from anywhere, says many CEOs calling workers back to the office are 'going away to the Hamptons for the summer'

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Airbnb CEO Brian Chesky announced a policy last year that lets employees live and work from anywhere.

Kimberly White/Getty Images

Airbnb stock slides 12% as execs warn of a potential booking slowdown in the second quarter

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Airbnb shares fell Wednesday after execs warned of a tougher second-quarter.

KENA BETANCUR/AFP via Getty Images

Billionaires and CEOs descended on Beverly Hills to talk recession, bank failures, and more. Here's the inside track.

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Citigroup CEO Jane Fraser at the 2023 Milken Institute Global Conference

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Hi, I'm Matt Turner, the editor in chief of business at Insider. Welcome back to Insider Today's Sunday edition, a roundup of some of our top stories of the week. 

On the agenda today:

Elon Musk says 'other companies' should take note of the way Airbnb CEO Brian Chesky interacts with people on Twitter

Tech Insider
Elon Musk, right, and Airbnb CEO Brian Chesky, left.
Elon Musk, right, praised Airbnb CEO Brian Chesky, left, for the way he interacts with Twitter users.

Eugene Gologursky, Taylor Hill/Getty Images

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