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Treasury moves to ease access to single-family home purchases ahead of midterms

23 October 2026 at 21:16
The Treasury Department on Thursday moved to implement tenets of a bipartisan housing law Congress passed over the summer, including a ban on institutional investors buying single-family homes. Under impending regulations from the department, a large institutional investor cannot buy a single-family home starting on Jan. 7, 2027, with certain exceptions.  The department is codifying…

Consumer confidence holds steady from September amid persistent inflation

23 October 2026 at 16:37
U.S. consumer sentiment flatlined from September to October, as persistent inflation squeezes Americans’ finances. Consumer confidence sat at a measure of 48 percent this month, a minor decrease from last month’s reading of 48.1, according to the University of Michigan’s Surveys of Consumers Index. Consumer sentiment has dipped by 10.4 percent from October 2025, with…

Works begin at Atlantic Pines, a new collection of 28 villas in Vale do Lobo

23 October 2026 at 15:54

QP Savills, which has sold property in the Golden Triangle for nearly 30 years, is the exclusive agent, with a dedicated showroom in its Vale do Lobo office. New-build opportunities

The post Works begin at Atlantic Pines, a new collection of 28 villas in Vale do Lobo appeared first on Portugal Resident.

Wall Street Journal editorial board hits Marshall for backing Social Security tax increase

23 October 2026 at 15:07
The Wall Street Journal editorial board on Thursday took GOP Sen. Roger Marshall (Kan.) to task for backing an elimination of the cap on income subject to Social Security taxes. Marshall, the Journal editorial board wrote, is in “favor of what would be one of the largest peacetime tax increases in recent decades” by advocating…

Musk midterm spending tops $442M

23 October 2026 at 14:20
Tech mogul Elon Musk has spent more than $442 million in the midterm elections, after pouring another $76.8 million into his super PAC over the past month, campaign finance filings show. America PAC, which Musk launched during the 2024 elections, received the influx of cash from the SpaceX and Tesla CEO over the course of…

Stephen Moore: It’d be appropriate for Republicans to say ‘I feel your pain’ on economy

23 October 2026 at 14:03
Steve Moore, a former senior economic adviser to President Trump, said Thursday that while the U.S. economy is “the strongest in the world,” it would be appropriate for Republicans to acknowledge the grievances of the people. “I think maybe to borrow a line from Bill Clinton, I feel your pain would be an appropriate thing…

Moving to Portugal Show heads to Edinburgh in November

23 October 2026 at 12:06
Porto (Daniel Sessler-Unsplash)

The Portuguese Chamber of Commerce in the UK will return to Edinburgh on Thursday, November 12, 2026, with its Moving to Portugal Show and Seminars, bringing together property, legal, tax

The post Moving to Portugal Show heads to Edinburgh in November appeared first on Portugal Resident.

She used Facebook Marketplace to sell seafood in South Carolina. A viral review led to 300 orders overnight.

23 October 2026 at 10:20
reds garlic seafood
Natendrea Jones has been cooking seafood for more than a decade. In 2026, a viral food review brought her more than 300 orders overnight.

Natendrea Jones

  • Natendrea Jones used Facebook Marketplace to market her seafood-catering business.
  • A viral TikTok review in May brought her more than 300 orders overnight.
  • Jones now runs Red's Garlic Seafood from her home kitchen and hopes to expand into a food truck.

When TikTok food reviewer Gabriel Rivera DMed Natendrea Jones about her seafood this spring, she assumed it was a prank.

"I thought somebody was playing a joke," Jones, 36, told Business Insider.

The South Carolina native had spent years trying to turn her cooking into a full-time business. She grew up surrounded by home cooking and began earning money young, first by preparing salads for neighbors and family cookouts, then by doing hair and nails.

Cooking remained a side hustle for more than a decade. Jones made seafood platters for friends and occasionally sold pans, but hair and nails paid the bills.

A viral food review brought 300 orders overnight

Jones had been posting her food on Facebook Marketplace for years. The platform didn't strike her as unusual: As a hairstylist and nail technician, she'd previously used Craigslist to find clients.

"I would always post on Facebook Marketplace because that was like my Craigslist," she said. "I was a Craigslist girl."

Meanwhile, Rivera had built a following of more than 2 million on TikTok by ordering food through Facebook Marketplace and reviewing it from his car. When he found Jones' listing, he offered her $200 to make him anything she wanted.

Jones prepared a pan overflowing with snow crab legs, lobster, shrimp, oysters, and fixings. It was not yet a menu item, she said, but it would soon become known as the "Gabriel Special."

When Rivera posted his glowing review in May — "her seasoning is on another level," he said between bites — Jones woke up to a flood of orders.

"I checked my Square. I had literally over 300 orders," she said. "I dropped my phone. I dropped to my knees."

Jones said she generated $50,000 in sales over the following two weeks and later surpassed six figures in sales. She used some of the money to buy supplies, such as new pots and pans.

Going viral created new problems

The sudden growth was exciting, but it was also difficult to manage. Jones enlisted help from family members early on, refunded some orders, and said some customers waited as long as a month for their food.

"There's no way I can do 100 orders in a day," she said. "This type of motion is new to me."

reds garlic seafood
Jones named her catering business after her late father, who was known as "Big Red."

Courtesy of Natendrea Jones

The pace eventually caught up with her. About three weeks after the review went live, Jones said she had to pause orders for a day to reset and catch up on sleep.

"The adrenaline was there, but I crashed," she said.

Since then, Jones has built more structure into the business. Customers order through her website, which adjusts pickup dates based on demand. She uses preorders to determine how much inventory she needs and now schedules pickup windows. On busy days, she said, her home-kitchen operation can handle 50 to 60 orders.

She still gets inquiries through Facebook Marketplace, but said most sales now come through Instagram and TikTok, where she has built sizable followings.

The business behind the seafood platter

Jones' best-selling platters are not cheap to produce. She buys seafood in bulk, along with fresh corn, potatoes, garlic, butter, edible flowers, packaging, and other ingredients. She estimates that she spends roughly $20,000 a month on supplies, though costs fluctuate based on order volume and seafood prices.

"People just say, 'More money, more problems,'" she said. "Sometimes I'll have moments where I don't see money at all — the money is gone, but it comes right back because that's a business."

reds garlic seafood
Jones' pans are topped with edible flowers and served with her signature garlic sauce.

Natendrea Jones

Her signature sauce is central to the business, she said. Jones spent nearly eight years refining it and is protective of the recipe.

"My sauce is everything — because anybody can make a seafood boil, but how is your sauce?" she said. "I make my sauce from scratch and love and magic."

natendrea jones
Jones and her family live in Summerville, South Carolina, where she operates Red's Garlic Seafood from her home kitchen.

Natendrea Jones

The business is named Red's Garlic Seafood after her late father, who was known as "Big Red." He was a chef who had hoped to open a family restaurant, Jones said.

Her next goal is a food truck, though she's taking her time to secure the vehicle, permits, and licenses needed to operate it.

"I want to do everything the smart way," she said.

Eventually, she hopes to open a brick-and-mortar restaurant. For now, she said she focuses on making each platter with the same care she brought to Rivera's order — the one that changed her business overnight.

"I make sure every pan has the flavors that it needs," she said. "I put the love and effort into the pan."

Read the original article on Business Insider

GoDaddy’s CEO on when small businesses should — and shouldn't — use AI

23 October 2026 at 10:19
Aman Bhutani headshot
Aman Bhutani, CEO of domain registrar and web-hosting company GoDaddy

WEF

  • GoDaddy has over 20 million customers, the majority of which are small businesses.
  • Its CEO, Aman Bhutani, said small businesses can save time by automating operational tasks with AI.
  • Bhutani said entrepreneurs need to focus on what they're good at — not outsource their brand.

GoDaddy's CEO said small businesses should use AI to automate work, but not lose sight of their brand.

As head of the domain registrar and web-hosting company, Aman Bhutani has a bird's-eye view into what works for small businesses. The company said it has over 20 million customers, the majority of which are micro businesses, or those with fewer than 10 employees.

The entrepreneurs behind these companies consistently have passion and expertise, he said. However, they tend to have less technological capability — and even less bandwidth to do time-consuming tasks like creating and maintaining a website, said Bhutani.

"There is not enough time in the day," Bhutani told Business Insider.

Today, business owners can use AI agents to do that type of work with minimal friction, Bhutani said, and they can use the tools to help run parts of their business.

A recent survey from GoDaddy's small business research lab found that US entrepreneurs find content creation, marketing, and business advice as the top three areas where they see the most significant time savings with AI.

GoDaddy offers access to Airo, an agentic tool that builds websites and helps with other operational features. For instance, Bhutani said that Airo can create user logins for a small business's customers to make website profiles, or send targeted customer outreach based on a user's location or involvement with the business.

When to use AI — and when not to

He said that businesses should stick to using agents for tasks that they're not as skilled at, or those that don't differentiate them competitively.

Bhutani said humans should control how their product is unique and not delegate control over their customers' experience. While AI can help with research — the owner ultimately needs to leverage their own knowledge when making decisions about what would work for the brand.

"It doesn't mean that AI cannot suggest those things," Bhutani said. "It can suggest, but the human should continue to control their branding."

While AI tools can save time, "ultimately, you want the human to focus on their area of expertise," Bhutani said, adding that the technology should "enable everything else."

Read the original article on Business Insider

Boom in weight-loss drugs could lead to fall in beer sales, Heineken warns UK pubs

23 October 2026 at 11:33

World’s second largest brewer says use of drugs such as Wegovy can reduce desire to drink alcohol

• Business live – latest updates

Heineken has warned British bars and pubs that the boom in popularity of weight-loss drugs could lead to a fall in sales of beer and cider.

The world’s second-largest brewer sent a presentation to British hospitality customers earlier this month that said the use of GLP-1 medication – such as Ozempic and Wegovy – could reduce the desire to drink alcohol. This in turn could result in “fullness and fewer serves” of pints in pubs and bars, it added.

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© Photograph: william87/Getty Images/iStockphoto

© Photograph: william87/Getty Images/iStockphoto

© Photograph: william87/Getty Images/iStockphoto

I booked a one-way ticket to Bali after a layoff in fintech. I stayed in Asia for over a year — here's where my money stretched the furthest.

23 October 2026 at 10:05
headshot of a woman with a warm beige background
Tiffany Tang.

Courtesy of Tiffany Tang

  • Tiffany Tang founded DrinkFolks after a transformative journey across Asia in 2023 and 2024.
  • Tang's layoff in 2023 led her to Bali, where she decided to extend her 30-day trip to over a year.
  • DrinkFolks, inspired by Tang's travels, supports women-led farms and brings jamu to the US market.

This as-told-to essay is based on a conversation with Tiffany Tang, the 30-year-old founder of DrinkFolks. It has been edited for length and clarity.

I'm the founder and CEO of DrinkFolks, which brings jamu, a 1,300-year-old Indonesian herbal remedy, to the US as a prebiotic root tonic.

For the first two years of my career, I was an assistant director at a gallery owned by the first female fine arts dealer in America. From 2017 to 2021, I worked at Christie's International Real Estate in marketing and communications roles.

For the next year, I was a senior communications manager at CSM Sport & Entertainment before taking on a similar role at a fintech company that helped millions of Americans sustainably build their credit scores through rewards.

I felt positively about that job, but I was laid off in May 2023

I was grateful to work there. We were doing big things, and I really learned what it was like to be at a mission-driven company.

The most interesting thing about my layoff was how incredibly calm I felt upon hearing the news. Our CMO told me first, and she was a friend, my college professor, and an executive I admire and respect.

When she told me, I said I didn't blame her, and this was a time for a reset. Turns out, the layoff was the best thing that could've ever happened to me.

A few weeks after my layoff, I booked a one-way ticket to Bali

For a long time, my self-worth was my net worth — my title, my salary, my career trajectory. When the layoff hit, I lost my sense of self. Reflecting afterward, all I could think was: who am I without the high-paying job?

A few weeks earlier, I had watched the movie "Eat, Pray, Love." When the layoff came, something in me said that this was my moment. I opened Kayak, found a one-way ticket to Bali for around $1,000, and booked it. Bali felt approachable and warm.

What was supposed to be a 30-day reset changed the course of my life

I originally planned to travel in Southeast Asia for a month but ended up staying from June 2023 through August 2024.

My awakening happened on day three. One of the first things I did in Bali was a Panchakarma, a full-body Ayurvedic detox at a retreat in Ubud. There was an optional silent day; one of the first times in my life I rooted and looked inward.

Sitting with my journal, I knew I had to stay. I was still negotiating my severance, so I did the math: my savings, my investments, what each month would cost. When my severance came through a few weeks later, it jump-started the journey.

The deeper turning point was Hong Kong

Everyone I met understood me on an indescribable level. It was the only time in my life I was speaking Cantonese to people outside my family, reconnecting with my heritage. By the time I came home for the holidays, I had decided: I was moving to Asia.

The spark for the company was the women I met. Across Indonesia and Southeast Asia, I sat with women quietly building something of their own. I wanted to help these women build generational wealth for their families. I built DrinkFolks as a way to sustainably invest in them — 3% of every sale goes to women-led farms and nonprofits across Southeast Asia through our FolksFund — while supporting health stateside by bringing ancient wisdom into people's homes.

I started the company in January 2024, took every jamu class I could find in Bali, visited the source of jamu in Yogyakarta, and reformulated recipes in my Hong Kong kitchen.

By October 2024, I was back in the US, working with California food scientists to scale up my home-tested recipe. We launched in NYC in October 2025. Today, we're in 70+ stores across the US.

Living in Southeast Asia made the math work

My salary before the layoff was $160,000 a year, plus equity. When I set off, I had roughly $14,000 between savings and severance — my spreadsheet calculated 4.6 months of runway — and I felt comfortable investing that in myself.

I budgeted like it was my job. I tracked my actual spending obsessively for the first four and a half months and came in at roughly $7,700 total.

All-in, I averaged about $1,300 to $2,300 a month, including flights, lodging, food, everything. My money stretched furthest in Cambodia and least in Hong Kong, which was financially similar to New York City. For comparison: my overhead, including my mortgage, maintenance, electricity, and WiFi in New York today is about $2,500 a month.

In terms of cost of living comparisons, here's my breakdown

Healthcare was the biggest surprise, in the best way. I got into a motorcycle accident on the Pakse Loop in Laos, and seven stitches cost me around seven dollars, including painkillers and a week of antibiotics.

Cambodia was the best value. It's the most adventurous, outdoorsy country I visited, and I didn't want to explore alone, so I stayed in hostels for as little as $6 a night — partly a budget move, mostly a way to meet people. It's also where I met my first fellow Americans of the entire trip.

Hong Kong was the opposite — groceries and eating out gave me real sticker shock. I softened it with a genuine energy exchange: I moved in with a college friend and threw dinner parties several times a week, cooking meals for them in exchange for a place to stay. It was worth every dollar — I met some of my truest friends and future business partners there.

The layoff was honestly the best thing that ever happened to me

a woman holds up two drinks in a grocery store
Tang's first time seeing DrinkFolks on shelves in LA.

Courtesy of Tiffany Tang

It gave me the confidence to build DrinkFolks, a better sense of my heritage, and a version of myself I'm proud of. I've learned to never say never, but right now, I'm exactly where I'm supposed to be.

My advice is to use your layoff as your launchpad. Things happen for you, not in spite of you. If you have even the slightest chance to live in that moment for yourself — for me, that was travel — take it as a gift and a blessing, not a crisis to survive.

Treat budgeting as freedom, not constraint. My money stretched so much further than I imagined. Clear parameters gave me the space to figure out who I am outside my job.

Read the original article on Business Insider

India slashes cost of cancer drugs after court rules mark-ups are ‘extortion’

Case filed in 2022 by patient unable to afford medicine leads to cap on drug prices for millions who face ruin if diagnosed

The Indian government has moved to reduce the price of cancer drugs after a retired bank clerk took her case to the supreme court.

From next month, 137 cancer drugs in India will be cheaper as the government tries to tackle the tragedy of poorer patients either forgoing treatment, selling land or falling into debt to meet the high cost of some medicines, which are making large profits for hospitals and pharmacists.

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© Photograph: Rupendra Rawat/Alamy

© Photograph: Rupendra Rawat/Alamy

© Photograph: Rupendra Rawat/Alamy

Some of Europe’s highest energy costs expected in Britain this winter

23 October 2026 at 06:00

Official forecasts show country will meet energy demand by paying high prices to secure imports

Great Britain is expected to pay some of the highest energy costs in Europe this winter as its reliance on imports to ensure a steady supply is forecast to deepen.

Energy system operators have said the country will have enough gas and electricity to meet demand over the coldest months – in part because of paying higher market prices than neighbouring markets to secure imports.

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© Photograph: Shomos Uddin/Getty Images

© Photograph: Shomos Uddin/Getty Images

© Photograph: Shomos Uddin/Getty Images

Youth mobility scheme may be delayed to ensure success of UK-EU summit

Visa quotas, university fees and NHS surcharges remain sticking points ahead of post-Brexit negotiations next month

A deadline for a youth mobility scheme between the EU and the UK could be deferred by six months in a bid to ensure Andy Burnham has a successful “reset” summit on 20 November, diplomats have said.

EU ambassadors in Brussels on Wednesday heard that the UK was still insisting on international tuition fees, quotas and an NHS surcharge for EU students. This has fuelled fears the summit could fail, just as the prime minister is promising to unveil a new vision for Britain’s long-term relationship with the EU.

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© Photograph: Neil Hall/EPA

© Photograph: Neil Hall/EPA

© Photograph: Neil Hall/EPA

Gary Vaynerchuk knows where he'd start if he were 16 and launching a business today

23 October 2026 at 05:36
Gary Vaynerchuk
Gary Vaynerchuk has some advice for aspiring young entrepreneurs.

Chelsea Guglielmino/Getty Images

  • Gary Vaynerchuk shared what he'd do as a young entrepreneur starting out today.
  • The first investment should be time spent making content and learning AI, he said.
  • He said AI could be a once-in-a-generation opportunity for young founders — one as transformative as the internet.

Gary Vaynerchuk, 50, says aspiring entrepreneurs should spend every spare minute mastering AI and content creation.

During a Thursday appearance on the "Nude Project" podcast, Vaynerchuk shared how he would approach starting a business today as a 16-year-old with 1,000 euros in capital. The podcast is hosted by Bruno Casanovas and Alex Benlloch, founders of the Spanish streetwear brand Nude Project.

"I would make content," Vaynerchuk said. "The dollars don't scare me at all because it takes no dollars. I would spend every ounce of time learning AI. Like, from what OpenClaw is to Claude Code, to using it to think and ponder my ideas."

Vaynerchuk said he understood why people were still weighing AI's enormous potential against its possible drawbacks, but believes it will be a missed opportunity "to not take advantage of how profound this technology is."

"Much like the internet, much like computers, much like electricity, there will be pros and cons to big technologies. That is the story of man. That is life," Vaynerchuk said.

"This is the most opportunistic technology that has ever been invented," he continued.

Vaynerchuk then pointed to the founders' own success as proof of the internet's power, and said that younger generations often underestimate its impact because they have never known a world without it.

"For 7-year-olds right now, they will never understand how profound AI is," he said.

Vaynerchuk added that young people should use their free time to learn content creation, strategy, app-building, and how to use AI throughout their lives.

He said AI tools and agents could automate chores, save money, and find sold-out items at the best price.

If he were 16 today, he would fully immerse himself in learning tools such as Grok, Gemini, Nano Banana, and Higgsfield. "Everything, everything, everything. All of it," Vaynerchuk said.

The entrepreneur has long been optimistic about AI's potential. In 2023, he said the technology was "coming fast" and that he believed workers could adapt to the disruption it'd bring.

AI tools are lowering the barriers for startup founders and small-business owners to create marketing content, build early product prototypes, and automate routine tasks that once required a bigger budget, specialized expertise, or additional staff.

At the same time, as those tools become more accessible, creativity may be the defining factor in standing out.

Read the original article on Business Insider

Trump announces he’ll use Defense Production Act to increase domestic gas production 

23 October 2026 at 03:54
President Trump invoked the Defense Production Act on Thursday, announcing that the government would be spending $150 million toward boosting domestic gas and diesel production as the White House looks to ease consumer pain at the gas pump. The announcement was made in a presidential memorandum earlier Thursday, but the president detailed the exact amount…

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