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<ul class="summary-list"><li><keyword id="20173795" type="General" weightage="100" keywordseo="Southwest-Airlines" source="keywords" meta.keywordsubtype="org" meta.entityname="Southwest Airlines" meta.hostid="261" meta.entityid="Southwest Airlines">Southwest Airlines</keyword> is cutting unprofitable routes and reducing its presence in Atlanta.</li><li>The airline faces pressure from an activist investor to boost revenue and cut costs.</li></ul><a target="_blank" class="" href="https://www.businessinsider.com/the-end-of-budget-airlines-southwest-jetblue-frontier-spirit-2024-7">Southwest Airlines is slashing unprofitable routes</a> as it faces intensifying pressure from an activist investor to boost revenue and cut costs. The budget airline plans to cut some 340 pilots and flight attendants from its busy Atlanta base, <a target="_blank" class="" href="https://www.cnbc.com/2024/09/25/southwest-airlines-cut-service-staffing-atlanta.html">CNBC first reported Wednesday</a>. A company spokesperson confirmed the news, citing lower bookings that have forced it to reduce service. Changes won't take effect for six months. The spokesperson also noted a delay in new plane deliveries <a target="_blank" class="" href="https://www.businessinsider.com/its-not-just-boeing-airlines-are-hemorrhaging-cash-too-2024-4">amid Boeing's 737 MAX issues.</a> "We continue to optimize our network to meet Customer demand, best utilize our fleet, and maximize revenue opportunities," the spokesperson said. "Decisions like these are difficult for our Company because of the effects on our People, but we have a history of more than 53 years of ensuring they are taken care of." <a href="https://www.bloomberg.com/news/articles/2024-09-25/southwest-airlines-slashes-atlanta-flights-to-stem-losses?srnd=all&amp;embedded-checkout=true" target="_blank">Bloomberg reported</a> that the airline said the changes would reduce its Atlanta operations by about a third, to 381 weekly flights from 567, with 16 cities cut altogether. Southwest was the second-largest operator in <a target="_blank" class="" href="https://www.businessinsider.com/delta-tells-prospective-flight-attendants-wear-proper-underwear-interviews-2024-9">Atlanta behind Delta Air Lines</a>, leaving customers will fewer choices out of the world's busiest airport. <h2>Atlanta is just one of many Southwest network shake-ups this year</h2>The airline announced plans in April to cut flights from Chicago O'Hare by one-third — an airport Southwest only started flying to in 2021 after favoring Chicago's smaller Midway airport for years. The airline also <a target="_blank" class="" href="https://www.businessinsider.com/southwest-leaving-these-4-airports-amid-boeing-737-max-crisis-2024-4">left four airports</a> in August as part of a <keyword id="19942949" type="General" weightage="20" keywordseo="cost-cutting" source="keywords">cost-cutting</keyword> and restructuring plan, including Bellingham International Airport in Washington state, Mexico's Cozumel International Airport, Houston's George Bush Intercontinental Airport, and Syracuse Hancock International Airport in New York. Despite its shrinking network, Southwest is boosting flights where it has an edge. It said it would start flying six routes to and from Nashville and operating red-eye flights from Hawaii to the US mainland in April. The network shakeups are part of a slew of strategy changes as the industry faces headwinds and <a target="_blank" class="" href="https://www.businessinsider.com/southwest-airlines-call-for-changes-new-leadership-ceo-elliott-management-2024-6">a hedge fund with a sizable new stake pushes for changes</a>. Southwest announced in July it would end its <a target="_blank" class="" href="https://www.businessinsider.com/southwest-is-getting-rid-of-open-seating-on-all-flights-2024-7">long-standing open-seating policy</a> and start selling premium seats. Its also committed to updating its outdated technology, which led to a <a target="_blank" class="" href="https://www.businessinsider.com/southwest-says-scheduling-system-played-a-role-in-flight-meldown-2022-12">crippling meltdown</a> in December 2022. <a target="_blank" class="" href="https://www.businessinsider.com/southwest-changes-activist-investstor-free-bags-open-seating-fees-2024-6">Further changes</a> are likely to be announced at an investor day on Thursday, which will lay out Southwest's future as we know it. It's likely the<a target="_blank" class="" href="https://www.businessinsider.com/southwest-airlines-history-2021-8"> low-cost carrier, famous for its open-seating and two free checked bags</a>, will mold more into a mainline carrier — something Elliott believes will boost profits and improve the customer experience. Correction: September 25, 2024 — An earlier version of this story misstated the frequency of Southwest's flights into and out of Atlanta. It reportedly plans to operate 381 flights weekly, not daily, down from 567 weekly flights. The story also misstated when Southwest is set to start red-eye flights from Hawaii. It plans to start flying those routes in April, not in February.

Southwest is making big route changes as it prepares to reveal new details of its turnaround plan

Our homes should make us feel safe. A decent home is a refuge from the outside world, a relatively fixed point where people can drop their vigilance. Most of us need the security of home to stay balanced in the face of an unstable, sometimes frightening world.But Americans are increasingly less safe in their own homes. This isn't because of a sudden surge in crime (<a target="_blank" class="" href="https://www.businessinsider.com/us-murder-rate-dropped-by-13-percent-in-2023">which is actually declining in most places</a>) but because of climate and geography.Compared with much of the rest of the country, many of America's cities are well situated to weather the coming decades of the climate crisis. Their density makes them <a target="_blank" class="" href="https://www.businessinsider.com/passive-house-energy-efficient-lower-utility-bills-2023-7">more energy-efficient</a> — partly because residents tend to drive less and apartments are easier to keep cool than single-family homes. They also have more robust emergency-services infrastructure than rural areas and are situated further from fire-prone wooded areas.But as <a target="_blank" class="" href="https://www.businessinsider.com/yimbys-winning-lower-house-prices-rents-build-more-homes-neighborhoods-2023-9">local zoning and resident opposition</a> have made it nearly impossible to build housing in these cities, would-be residents are pushed into more treacherous areas. In some parts of the country, the only affordable homes for middle-class households are in areas prone to disasters. The people who move to those high-risk areas are being robbed of the security that everyone should be able to enjoy in their homes. Because of our collective refusal to build more housing where it is most needed, millions of people live with elevated climate risk.Until we act, more of those people are fated to lose their homes — or their lives.<h2>The heat is on</h2>As is increasingly routine, extreme heat has been roasting much of the United States this summer. <a target="_blank" href="https://www.azfamily.com/2024/07/05/heatwave-hell-phoenix-high-temp-soars-118-shattering-previous-record/">Phoenix hit a daily high of 118 degrees</a> in June, breaking a 40-year-old record. In Texas, a broiling July heat wave caused power outages for millions of people and clogged hospitals with patients who could not be safely discharged to homes that lacked air conditioning. These heat waves have deadly consequences: <a target="_blank" class="" href="https://www.businessinsider.com/dangers-extreme-summer-heat-united-states-poverty-air-conditioning-access-2023-8">Extreme heat killed 2,302 Americans</a> in 2023 alone.While many parts of the country have faced high temperatures this year, the danger has not been evenly distributed. Where I live, across the bay from San Francisco, thermometers climbed into the mid-80s — not exactly pleasant for perspiration-prone Ashkenazi men such as myself, but tolerable. Further-inland locales like California's fast-growing Central Valley, on the other hand, have been getting positively scorched. On the West Coast, the safest place to be in a heat wave tends to be near the Pacific Ocean. But that's not where people are moving. Thanks to the city's anemic new-housing growth, the population of San Francisco (average daily high in July: 66 degrees) has stagnated for years while home prices have soared. Growth has been faster and more consistent in white-hot cities like Fresno (98 degrees), Sacramento (93 degrees), and Bakersfield (98 degrees), where housing is more abundant but deadly heat is far more common. The Golden State's land-use patterns are putting middle-class and working-class households at a higher risk of exposure to extreme, possibly fatal, heat. This split is a miniature version of the trend playing out across the US: Migration is pushing more people into harm's way. The fastest-growing states in the country are in the Sun Belt: Texas, Florida, Georgia, and the Carolinas. The Sun Belt also happens to be the part of the country <a target="_blank" class="" href="https://www.businessinsider.com/real-estate-housing-market-prediction-sun-belt-climate-change-zelman-2024-7">most at risk of extreme heat</a> as the climate crisis gets worse. There were <a target="_blank" href="https://www.texastribune.org/2024/01/12/texas-heat-deaths-2023-record-climate-change/">more than 300 heat-related deaths in Texas</a> last year. And that's to say nothing of the risk Gulf states face from hurricanes, which climate change has similarly exacerbated.The shift to the Sun Belt isn't part of some sublimated death drive or a desire to test the limits of modern sunscreen. The reason for the mass movement is pretty simple: People are going where they can afford housing. Compare homebuilding in Houston (average daily July high of 95 degrees) with homebuilding in San Francisco. I've found that <a target="_blank" href="https://cayimby.org/reports/housing-first/">Houston had roughly three times as many housing starts per capita in 2021 as San Francisco</a>, and even in parts of the past decade where Houston's housing starts dipped a bit, <a target="_blank" class="" href="https://www.businessinsider.com/houston-building-cheap-new-starter-homes-real-estate-construction-lots-2024-1">they were still significantly higher than San Francisco's</a>. No wonder, then, that a one-bedroom apartment in <a target="_blank" class="" href="https://www.businessinsider.com/austin-real-estate-housing-market-prices-houston-zoning-affordable-2023-8">Houston costs half as much</a> as one in San Francisco, even though Houston has increased its population by more than 200,000 residents since 2010. Houston's ability to build more housing than San Francisco comes down to the rules the two cities impose on the construction of new housing. The same could be said of much of the rest of the Sun Belt. Houston is an extreme example because it literally does not have a zoning code, but in general, Sun Belt cities tend to have much looser zoning and permitting rules than high-cost California cities.Even within many states, new housing tends to get built in the areas most vulnerable to climate disasters. Once again, take California: San Francisco and other exclusionary coastal towns block new housing, so much of the state's homebuilding takes the form of single-family sprawl deep into extremely hot inland, low-lying areas or into what's called the <a target="_blank" href="https://affiliate.insider.com?h=92a86309da8af9c28c10ca5b6aa5757a3e91f2f44f8b02e2d254a15f222499c9&amp;postID=66c33fc47d61a86c186c52d0&amp;postSlug=affordable-home-house-prices-americans-danger-death-climate-change-2024-8&amp;site=bi&amp;u=https%3A%2F%2Fwww.nature.com%2Farticles%2Fs41598-022-09707-7">wildland-urban interface</a>: the part of the state where forest fires crash up against human habitation, with deadly results. Ironically, some of this allocation is done under the cover of environmentalism. The California Environmental Quality Act requires developers to go through a convoluted environmental-review process to get their projects approved. While California's legislature has spent the past few years expanding the types of projects that are exempt from the law, it's still a powerful tool that not-in-my-backyarders, or NIMBYs, can use to block development in their neighborhoods. Unsurprisingly, the threat of CEQA litigation tends to loom largest in affluent, exclusive communities; the risk of litigation is lowest in sparsely populated areas, where there are few residents to complain about new housing. Thus the law actually creates an incentive to concentrate development in the wildland-urban interface, away from the more densely populated areas that also happen to be more fire-resistant.To be sure, income and climate risk are not perfectly correlated; <a target="_blank" class="" href="https://www.businessinsider.com/million-nantucket-beach-house-sold-200k-after-erosion-swallows-land-2024-7">several wealthy enclaves</a> are at <a target="_blank" class="" href="https://www.businessinsider.com/nantucket-homes-wealthy-falling-into-ocean-erosion-climate-2024-5">risk of coastal erosion</a>. And a fair amount of high-value real estate is nestled in the wildland-urban interface, as the San Francisco Bay Area learned during the 1991 Oakland Hills fires and as Los Angeles learned during the 2018 Woolsey fire that chewed up Malibu. But America's housing shortage tends to distribute climate-related suffering along class lines. Even if they manage to avoid sudden catastrophes, people who have been pushed out to the urban periphery may well face subtler long-term consequences. If living in a wildfire-prone area doesn't kill you or destroy your house, it can still increase your exposure to toxic smoke, <a target="_blank" class="" href="https://www.businessinsider.com/symptoms-poor-air-quality-exposure-harms-health-wildfire-smoke">which can lead to serious respiratory and cardiovascular conditions</a>. Beyond the risks from heat, fire, and smoke inhalation are the more quotidian harms of being geographically cut off from the center of a metropolitan area. In 2010, nearly 10% of Americans lived in areas where it would take them more than an hour to reach a trauma-care center in the event of an emergency. For those who work in the central city, even the long commute from the exurbs can be dangerous. <a target="_blank" class="" href="https://www.businessinsider.com/public-transportation-commuting-health-driving-2015-2">Long car commutes</a> have been <a target="_blank" class="" href="https://www.businessinsider.com/commuting-by-car-is-hurting-peoples-mental-health-2023-7">associated with higher blood pressure</a>, and that's to <a target="_blank" class="" href="https://www.businessinsider.com/ways-your-commute-is-slowly-killing-you-2016-2">say nothing of the other risks</a> associated with a long ride in a country where traffic collisions <a target="_blank" class="" href="https://www.businessinsider.com/vehicle-related-deaths-increase-car-safety-pedestrians-cyclists-2023-9">kill more than 40,000 people each year</a>. If we could somehow wish away the large and growing risk of climate disasters, sprawl would still be bad for American public health.<h2>What makes a home</h2>In his book about Hurricane Katrina, the historian Andy Horowitz writes that "disasters are less discrete events than they are contingent processes." The true disaster is not the hurricane on its own but how the hurricane collides with society, politics, and infrastructure. A hurricane of a certain strength, speed, and rainfall can have drastically different effects depending on whether it makes landfall in an uninhabited area, a thoroughly prepared city, or a city with inadequate levees, entrenched patterns of residential segregation, and an ill-equipped emergency-response system.Similarly, the safety of our communities is directly tied to choices about where, how, and why we build them. Sure, small things like doing controlled burns, making air conditioning more widely available, and building better evacuation routes can reduce some of the dangers created by pushing people out to the periphery. But we have a moral imperative to allow more homebuilding in the parts of the country that are already well positioned to accept more people. While NIMBYs have cleverly cited environmental concerns to block housing development in these areas, making it possible for more people to live in them is essential to sustainably and safely growing our country for the next generation.<a target="_blank" rel="" href="https://www.businessinsider.com/author/ned-resnikoff">Ned Resnikoff</a> is the policy director of California YIMBY and co-leader of the Metropolitan Abundance Project.

The deadly cost of America's housing crisis

<ul class="summary-list"><li>Ford will pause F-150 Lightning production next month for seven weeks.</li><li>Some manager bonuses will be cut to 65% of their previous levels.</li></ul>Ford is taking two major cost-cutting actions as it struggles to turn a profit on electric cars: pausing production of its<a target="_blank" class="" href="https://www.businessinsider.com/ford-f150-lightning-platinum-electric-pickup-truck-review-photos-2023-10"> flagship electric pickup truck</a> and slashing manager bonuses.The <a target="_blank" class="" href="https://www.businessinsider.com/ford-f-150-lightning-factory-tour-photos-electric-pickup-2022-12">F-150 Lightning factory</a> in Metro Detroit, which is already only running on a single shift, will idle for seven weeks (including planned holiday downtime) on Friday, November 15, the company said.Ford's financial results have taken a hit from quality issues and rising costs — including an $800 million warranty charge in the second quarter. Managers with bonuses tied to these metrics will see payouts slashed to 65% of last year's levels."We are focused on lowering our costs, improving our quality and making Ford a higher growth, higher margin, more capital efficient and more resilient business," a Ford spokesperson told Business Insider.These are just the latest cost-cutting moves for Ford as sudden changes in the <a target="_blank" class="" href="https://www.businessinsider.com/electric-vehicle-misconceptions-about-the-ev-transition-market-sales-2024-5">US electric vehicle market</a> have an outsize effect on the American car company.At the end of August, Ford announced it would reduce spending on EVs to 30% of capital expenditures from 40% previously.The company also adjusted plans for its future electric vehicle portfolio,<a target="_blank" class="" href="https://www.businessinsider.com/ford-changes-ev-strategy-cancels-electric-suv-2024-8"> canceling long-held plans</a> for electric three-row SUVs and delaying production of its next electric pickup truck.The company's electric vehicle division, known internally as Model e, <a target="_blank" class="" href="https://www.businessinsider.com/ford-stock-drops-after-hours-trading-earnings-results-costs-volumes-2024-10">lost $1.2 billion in the third quarter, </a>Ford said Monday. The company also updated its full-year earnings outlook to "about $10 billion" from a previous range of $10 billion to $12 billion.Shares fell about 5% following the earnings report and are down more than 15% this year.Do you work for Ford or have information to share? Get in touch with this reporter at nnaughton@businessinsider.com.

Ford is stalling F-150 Lightning production and slashing manager bonuses as it races to cut costs

<ul class="summary-list"><li>Spain's eastern province of Valencia was hit hard by intense flooding last week.</li><li>The government has pledged $11 billion to help it recover, but local authorities want $34 billion.</li></ul>Spain said it will give about $11 billion to help restore Valencia after flash floods hammered the province last week — but local authorities there want three times that amount.Historic, deadly flash floods — brought about by torrential rainfall — hit the area last week, killing at least 211, regional emergency services <a target="_blank" class="" href="https://x.com/GVA112/status/1853698255730942163">said</a> on Wednesday.Spain's State Meteorological <a target="_blank" class="" href="https://www.businessinsider.com/spain-flooding-51-dead-in-valencia-region-economic-hub-2024-10">Agency</a> said last week that it was the province's most severe storm since 1987.During a press conference on Tuesday, Spanish Prime Minister Pedro Sánchez said his government had <a target="_blank" class="" href="https://x.com/sanchezcastejon/status/1853796678265938374">approved</a> $11.55 billion in loans and grants to help storm and flood victims.However, a day earlier, the province's president, Carlos Mazón, <a target="_blank" class="" href="https://x.com/carlos_mazon_/status/1853555363678728545">said</a> local authorities had asked for an initial package equivalent to about $34 billion."The measures will serve to rebuild, relaunch, and mitigate the effects" of the storm, Mazón told reporters.<div type="image" title="Satellite images of the Valencia province before and after flash floods on October 25, 2022 (left), and October 30, 2024 (right)." height="480" width="640" msid="114986283" hostid="261" sizebytes="62758"></div>On Saturday, Valencia's Chamber of Commerce <a target="_blank" class="" href="https://www.camaravalencia.com/noticias/informe-sobre-danos-provocados-por-la-dana-en-los-municipios-mas-afectados-y-consecuencias-sobre-la-actividad-economica/">estimated</a> that up to 4,500 businesses had suffered notable damage, with potentially 1,800 severely impacted.The floods affected many economic sectors, including agriculture, industry, and services, it said.Automaking remains Valencia's most <a target="_blank" href="https://www.investinspain.org/en/regions/comunidad-valenciana/industrias-destacadas?#nameRegion">important industry</a>.Cristina del Rey, the communications director for Ford Spain, told BI last week that her company's Valencia plant had not suffered direct damage from the floods but was shut on Wednesday and Thursday.According to a <a target="_blank" rel="noopener noreferrer nofollow" class="c-link c-link--focus-visible" href="https://fundacionaon.es/wp-content/uploads/2022/11/BAROMETRO-DE-CATASTROFES-2021.pdf">report</a> from the Aon Spain Foundation, a private foundation that works to prevent and assist with natural disasters, the annual cost of natural disasters in Spain between 2016 and 2021, including floods, was between $940 million and $2.5 billion.Local authorities on Sunday <a target="_blank" class="" href="https://x.com/GVA112/status/1853692672327721128/photo/1">said</a> that the heavy rains — part of a phenomenon known as "cold drops" — had caused "unprecedented" damage to infrastructure and human life.The provisional death toll put it among the most serious natural disasters in Western Europe in recent years. Widespread flooding in July 2021 killed more than 200 people in Belgium, Germany, and surrounding countries.At a <a target="_blank" class="" href="https://x.com/i/broadcasts/1ynJODVpRdXxR">press conference</a> on Tuesday, Sánchez declared Valencia a disaster area, paving the way for extra funding for local authorities.He said about 15,000 soldiers and police officers had been dispatched to the province, as well as 287 forest brigaders, around a hundred customs officers, 44 forensic physicians, and 600 specialized vehicles for pumping, cleaning, and supplying the affected areas.Sánchez added that 98% of affected households now had power, and about 25 miles of roads and 46 miles of railway tracks had been repaired."We must continue working with more resources, more coordination, and greater effort until normality returns to all the municipalities and to all the homes affected by this tragedy," he said.

Counting the cost of Spain's hellish floods, the government pledged $11B, local officials want $34B

<ul class="summary-list"><li>Boeing workers are striking for the first time since 2008.</li><li>The walkout could cost the embattled planemaker billions in lost revenue if it drags on for months.</li></ul>Boeing is facing its first strike in 16 years — and it could deal a billion-dollar blow to the planemaker if it drags on.More than 30,000 <a target="_blank" class="" href="https://www.businessinsider.com/boeing-factory-worker-pressure-make-miracles-happen-report-2024-9">factory workers</a> are <a target="_blank" class="" href="https://www.businessinsider.com/boeing-workers-preparing-to-strike-rejected-contract-wage-increase-2024-9">poised to walk out</a> starting Friday morning after the International Association of Machinists and Aerospace Workers (IAM) overwhelmingly voted to reject a <a target="_blank" class="" href="https://www.businessinsider.com/seattle-boeing-workers-unhappy-raise-pension-contract-negotiations-25-increase-2024-9">tentative labor agreement</a> with Boeing, and to go on strike in pursuit of a better deal.Boeing's <a target="_blank" class="" href="https://www.businessinsider.com/2008/9/boeing-workers-go-on-strike-again">last strike in 2008</a> went on for almost two months, causing the company to deliver about 70 fewer commercial aircraft than usual in the affected quarter. The walkout depressed revenues in the period by $4.3 billion, Boeing said at the time.Another strike of that length would cost Boeing at least $3 billion, according to a TD Cowen research note cited by The New York Times. Jefferies analysts estimated a 30-day cash impact of $1.5 billion, and warned a strike "could destabilize suppliers and supply chains," CNBC reported. The rejected deal would have cost Boeing an extra $900 million a year if passed, they noted.A Boeing strike in 1989 cost the company $2.5 billion in lost revenue, and the next one in 2005 cost it about $1 billion, the American Action Forum <a target="_blank" class="" href="https://www.americanactionforum.org/insight/the-economic-impact-of-strikes-an-historical-boeing-case-study/">noted in a paper this week</a>. However, the conservative-leaning policy-analysis nonprofit said that Boeing might make some of that money later instead of missing out on it entirely."While strikes, especially recent ones, have been costly, there is no clear trend in how they have affected year-to-year revenue," the AAF researchers wrote. "This may be because Boeing generally delays orders rather than losing them, so their revenue is time-shifted rather than diminished."Even so, they noted the pending strike could be especially painful given Boeing <a target="_blank" class="" href="https://www.businessinsider.com/boeing-to-plead-guilty-isnt-out-woods-yet-government-contracts-2024-7">recently agreed to a plea deal</a> tied to the crashes of two 737 Max planes. If approved by a judge, the agreement would see Boeing pay a $244 million fine and invest an extra $455 million in compliance and safety programs."Considering the cost of the previous two strikes, combined with legal troubles related to manufacturing issues, a strike at this juncture could be particularly damaging," the AAF analysts said.Boeing is also weathering turbulence after the <a target="_blank" class="" href="https://www.businessinsider.com/boeing-737-max-blowout-alaska-flight-attendant-doesnt-feel-safe-2024-8">midair blowout</a> of a door plug on one of its planes in January, which sparked investigations that revealed broad-based safety and quality issues and prompted <a target="_blank" class="" href="https://www.businessinsider.com/boeing-737-max-plane-safety-faa-production-timeline-2024-6">regulatory restrictions</a> on production. The company's Starliner space program has been <a target="_blank" class="" href="https://www.businessinsider.com/boeing-starliner-spacecraft-returns-to-earth-without-nasa-astronauts-2024-9">hit by safety concerns too</a>.The manufacturing titan employs nearly 150,000 people nationwide and ranks among the largest US exporters, meaning a strike that halts its operations could hit the broader economy along with its bottom line."While past IAM strikes have had relatively little effect on Boeing's revenue, the ripple effects of a future IAM strike against Boeing could indeed create significant disruption for the local economy and reverberate throughout the national supply chain," the AAF paper reads.Boeing CEO <a target="_blank" class="" href="https://www.businessinsider.com/boeings-new-ceo-tours-factories-signaling-intent-for-change-2024-8">Kelly Ortberg</a>, who <a target="_blank" class="" href="https://www.businessinsider.com/boeing-union-deal-includes-key-commitment-to-seattle-signals-future-2024-9">only took over</a> the company's controls in August, and his team said on Thursday they're prepared to return to the negotiating table. Quickly ending the strike would minimize its financial impact.

Boeing workers are set to strike — and it could cost the company billions

<ul class="summary-list"><li>Americans' favorite tech gadgets could surge in price under Donald Trump's proposed tariffs, per a new report.</li><li>The president-elect vowed to install tariffs of 10% on US imports and 60% on Chinese goods.</li></ul>Buying a <a target="_blank" class="" href="https://www.businessinsider.com/guides/tech/best-tv">new television</a> now instead of next year could save you hundreds of dollars.Under President-elect Donald Trump's proposed tariff plans, consumers will likely see <a target="_blank" class="" href="https://www.businessinsider.com/mark-cuban-donald-trump-tariffs-raise-prices-inflation-economists-agree-2024-11">prices surge</a> on big-ticket purchases, including several popular tech items and gadgets, according to a Consumer Technology Association <a target="_blank" class="" href="https://shop.cta.tech/products/how-the-proposed-trump-tariffs-increase-prices-for-consumer-technology-products">October report.</a>Trump has vowed to install a blanket tariff of 10% to 20% on all imports and a flat, additional tariff of at least 60% on Chinese goods — a move many economists have warned will <a target="_blank" class="" href="https://www.businessinsider.com/donald-trump-election-win-high-inflation-risk-tariffs-deportations-taxes-2024-11">raise prices for American consumers</a> and lead to inflation.During his first term, Trump made good on many of his campaign economic promises, <a target="_blank" class="" href="https://www.businessinsider.com/trump-china-trade-war-list-of-goods-tariffs-2018-9">imposing a wave of tariffs</a> in 2018 and 2019 on certain US imports from China, including steel, semiconductors, and EVs.Economists <a target="_blank" class="" href="https://www.cato.org/blog/americans-paid-trump-tariffs-would-do-so-again">cited</a> in a Cato Institute report from earlier this year estimated that Trump's first-term tariffs cost the average American household about $830 a year.Trump has said his proposed tariffs would not increase prices for US consumers. But the former president's <a target="_blank" class="" href="https://www.businessinsider.com/trump-tariffs-hit-company-stock-profits-hardest-china-investing-manufacturing-2024-11">tariff plans</a> would impact more than just a few key items this time: The consumer technology sector would be hit especially hard, and prices would rise on some of the most common tech items bought by US shoppers, the CTA report found.The pre-election report used Trade Partnership Worldwide, LLC research to examine how Trump's tariffs would affect 10 consumer technology products found in nearly every American home, including non-automobile lithium-ion batteries commonly used in portable electronics, TVs, computer accessories, connected devices, headphones, monitors, PCs, laptops and tablets, video games, and <a target="_blank" class="" href="https://www.businessinsider.com/xiaomi-laptop-apple-inventec-china-2015-9">smartphones.</a>The report found that tariff effects on those products alone would shrink US consumers' <a target="_blank" href="https://www.businessinsider.com/personal-finance/investing/purchase-power">spending power</a> in the sector by $90 billion, assuming no countries or products are excluded from the blanket tariff ring.Products for which <a target="_blank" class="" href="https://www.businessinsider.com/chinese-brands-crept-into-life-tiktok-lenovo-tencent-xiaomi-dji-2023-8">China is the major supplier</a> would see the most dramatic price increases. China's economy is a more vulnerable state than it was when Trump previously implemented tariffs. The country is combating low wages and high unemployment among young people, leaving China's household spending far below the global average, <a target="_blank" href="https://www.reuters.com/world/china/why-chinas-economy-is-more-vulnerable-trump-tariffs-this-time-2024-11-06/">Reuters</a> reported earlier this year.In 2023, China accounted for 87% of US video game console imports, 78% of smartphone imports, and 79% of <a target="_blank" class="" href="https://www.businessinsider.com/china-smart-devices-market-2013-2">laptop and tablet imports</a>, the Consumer Technology Association reported.Under Trump's tariffs, the average price of <a target="_blank" class="" href="https://www.businessinsider.com/guides/tech/best-budget-gaming-laptops">laptops and tablets</a> could skyrocket 45%, jumping an additional $200-$350 from their current prices, the CTA report found.Similarly, smartphones would see a more than 25% increase in consumer price, surging more than $200 from their average October price, the report said, which also drew on trade and tariff data from the World Integrated Trade Solution, the US Census Bureau, and the Global Trade Analysis Project.Under Trump's tariffs, video game consoles, meanwhile, could cost nearly $250 more than they currently do, and monitors could increase by more than $100, the report found. Televisions will see a 9% increase in consumer price, costing an additional $48 on average, according to the CTA report.To combat rising prices, US consumers would likely <a target="_blank" class="" href="https://www.businessinsider.com/retirement-saving-inflation-cost-of-living-crisis-investing-401k-pensions-2024-11">slow their spending</a> on such items, decreasing laptop purchases and tablets by 54% and smartphones by 44%, the report found.Gary Shapiro, CEO of the Consumer Technology Association, and Vice President of International Trade Ed Brzytwa warned in the organization's October report that the tariff's impacts on consumer technology could extend beyond the sector."The proposed tariffs will not create more employment or manufacturing in the US," the CTA executives wrote. "In fact, the opposite may happen where our productivity decreases and jobs may be lost over time when workers and businesses have less affordable access to technology."

Here's how much more laptops, TVs, and smartphones could cost under Trump's proposed tariffs, consumer group says

<ul class="summary-list"><li>Hurricane Milton is battering Florida days after Hurricane Helene wreaked havoc on several states.</li><li>Tropical storms are becoming more frequent, powerful, and costly.</li></ul>Hurricane Milton is <a target="_blank" class="" href="https://www.businessinsider.com/hurricane-milton-landfall-florida-housing-market-insurance-fema-2024-10">pummeling</a> Florida days after Hurricane Helene <a target="_blank" class="" href="https://www.businessinsider.com/before-after-satellite-photos-hurricane-helene-destruction-florida-2024-10">battered several states</a> including North Carolina, causing widespread destruction and more than 220 deaths.The two events are the latest sign that hurricanes are becoming more frequent, more ferocious, and more costly. They're also hitting employment and <a target="_blank" class="" href="https://www.businessinsider.com/dockworker-strike-hurricane-helene-israel-palestine-iran-supply-chains-inflation-2024-10">economic growth</a>, at least in the short term."Hurricanes are the most costly weather and climate extreme event to impact the US historically, in terms of total dollars and average cost per event," Adam Smith, a climate scientist at the National Oceanic and Atmospheric Administration (NOAA), told Business Insider.The US has experienced 363 billion-dollar weather disasters costing a total of $2.6 trillion between 1980 and August 2023, NOAA data shows. Hurricanes accounted for $1.3 trillion or about half the total cost, an average of $22.8 billion per storm.The number of hurricanes striking the mainland US has also jumped from 12 between 1961 and 1970 and between 1971 and 1980, to 18 between 2001 and 2010, and 19 between 2011 and 2020, per NOAA data.Helene has caused an <a target="_blank" class="" href="https://www.businessinsider.com/analysts-estimate-up-to-34-billion-damage-from-hurricane-helene-2024-10">estimated $34 billion</a> worth of destruction, and Milton threatens to deal tens of billions of dollars in damage too, Jefferies analysts said in a note this week.<a target="_blank" class="" href="https://www.businessinsider.com/hurricane-harvey-katrina-comparison-2017-8">Hurricane Harvey</a> in 2017 and <a target="_blank" class="" href="https://www.businessinsider.com/hurricane-ian-estimated-cost-compare-most-expensive-us-storms-ever-2022-10">Hurricane Ian</a> in 2022 cost an estimated $159 billion and $119 billion each, ranking behind only Hurricane Katrina's $200 billion toll in 2005.Hurricanes are becoming more costly because the amount and value of <a target="_blank" class="" href="https://www.businessinsider.com/hurricane-milton-category-four-storm-real-estate-market-insurance-damages-2024-10">assets exposed and vulnerable</a> to storm damage has increased, Smith said.He also said that <a target="_blank" class="" href="https://www.businessinsider.com/climate-change-hurricanes-why-storms-are-wetter-stronger-slower-2019-7">climate change</a> — higher ocean surface temperatures fuel stronger hurricanes, and warmer air carries more rain — has led to more rainfall, a greater risk of storm surges, and a higher chance of rapid intensification.The most severe storms have become more intense with about a 10% rise in maximum sustained winds on average, leading to a "roughly 33% increase in destructive potential," Michael Mann, a climate expert at the University of Pennsylvania, told BI.<h2 id="77eeb913-dcd7-49c3-a311-7df4b503d8e4">Economic impacts</h2>Before Milton made landfall, analysts at Oxford Economics said in a note that about 2.8% of US GDP was in its direct path. They estimated that a Category 5 storm could lower fourth-quarter annualized GDP growth by 0.14 percentage points, from a forecasted 2.3% to below 2.2%. Milton was downgraded to Category 3 before striking Florida."For Milton, tourism, trade and transportation will be hit," Ryan Sweet, Oxford's chief US economist, told BI.Helene is already poised to <a target="_blank" class="" href="https://www.businessinsider.com/global-economy-israel-iran-war-oil-growth-inflation-hurricane-china-2024-10">reduce nonfarm payrolls</a> for October by 40,000 to 50,000 jobs, and Milton could deal a further blow to employment, he said. Job growth was trending at 167,000 a month, but that number could end up being under 100,000 this month in light of the <a target="_blank" class="" href="https://www.businessinsider.com/boeing-strike-costing-50m-per-day-as-negotiations-restart-2024-10">Boeing strikes</a> and Helene, even before accounting for Milton, Sweet said.The most economically impactful hurricanes disrupt energy infrastructure like offshore rigs and refineries, driving up national gas prices. They can also hit home sales and housing starts, and extensive flooding can delay the return of people who evacuated affected areas, and hamper rebuilding efforts, Sweet said.New research finds that hurricanes harm human health more than previously thought, exacerbated by climate change fueling more damaging storms. The upshot is "far more death and destruction," Mann told BI.He said hurricanes are causing "more death and disease, which definitely propagates through the economy."<h2 id="0c1a0582-4066-4b34-9f76-0a4a07c6172a">After the storm</h2>Some research suggests the <a target="_blank" class="" href="https://www.businessinsider.com/hurricanes-today-more-damaging-costlier-than-they-were-in-1900-2019-11">economic costs of hurricanes</a> are largely offset by the rebuilding efforts that follow. Repairs following a single hurricane can indirectly support nearly 248,000 jobs, generate over $17 billion of labor income, and contribute more than $30 billion to GDP, according to Implan, an economic data provider.In effect, every dollar spent on hurricane repairs generates another $1.72 in the economy, benefiting sectors ranging from retail and housing to banking and oil refining, Implan said."Rebuilding should provide a boost to economic activity in those affected regions in subsequent months, and potentially years," Sweet told BI, quoting from his recent note. "A <a target="_blank" class="" href="https://www.businessinsider.com/hurricane-milton-category-five-threatens-florida-fema-funding-2024-10">ton of federal and insurance money</a> will flow into the impacted areas, which will boost economic activity."The damage might be offset for now, but whether that will continue with rising temperatures and soaring costs remains uncertain.Eventually, "increasing hurricane damages will exceed the coping capacities" of the US economy, according to a 2022 paper published by the Potsdam Institute for Climate Impact Research.

Hurricanes are becoming more frequent, violent, and costly — plus they're hitting jobs and economic growth

<ul class="summary-list"><li>North Carolina is a critical part of Trump's electoral calculus for winning a second term.</li><li>But Lt. Gov. Mark Robinson's troubles could have a "reverse coattail" effect among Republicans.</li></ul>North Carolina Republican Lt. Gov. Mark Robinson — a staunch conservative and <a target="_blank" class="" href="https://www.businessinsider.com/mark-robinson-north-carolina-governors-race-past-comments-trump-2024-2024-3">ally</a> of former President Donald Trump — is no stranger to controversy.During a 2019 Facebook Live video, Robinson said abortion "is about killing the child because you weren't responsible enough to keep your skirt down." In 2023, he said God "formed" him to fight against LGBTQ+ acceptance while also <a target="_blank" class="" href="https://www.wral.com/story/god-formed-me-to-fight-lgbtq-issues-nc-s-mark-robinson-says-as-2024-governor-s-race-looms/20779390/">noting</a> that it made him "sick" to see any church fly a Rainbow flag. And earlier this year, <a target="_blank" class="" href="https://www.nbcnews.com/nbc-out/out-politics-and-policy/mark-robinson-transgender-comments-spark-gop-backlash-rcna138610">he called for the arrest</a> of transgender women who choose to use women's bathrooms.Despite Robinson's history of polarizing comments, he easily won the state's GOP gubernatorial primary in March. But <a target="_blank" class="" href="https://www.cnn.com/2024/09/19/politics/kfile-mark-robinson-black-nazi-pro-slavery-porn-forum/index.html">in a bombshell CNN story</a> published last week, the network reported that Robinson made a series of racist, antisemitic, and sexually explicit comments on a pornographic site more than a decade ago — before he was in public office.On the site Nude Africa, Robinson <a target="_blank" href="https://www.businessinsider.com/kamala-harris-mark-robinson-donald-trump-advertisement-north-carolina-governor-2024-9">describes himself</a> as a "black NAZI!" and argues that "slavery is not bad," among other remarks.Robinson has denied the accusation and vowed to remain in the race. But even before the report was published, he was behind in the polls against his Democratic opponent, state Attorney General Josh Stein. Meanwhile, Trump and Vice President Kamala Harris are locked in a tight race in North Carolina.Here's a look at how Robinson's scandal could not only imperil Trump's ability to win the Tar Heel State but also potentially obliterate the former president's chances to win the general election.<h2 id="aae2c330-7b3b-4c15-a4c7-ca21beb74295">The swing-state dilemma</h2>Robinson rose to prominence in GOP circles after his <a target="_blank" class="" href="https://www.youtube.com/watch?v=hmE9tK-O58Q">forceful defense of gun rights</a> during a 2018 address to the Greensboro City Council went viral. In his speech, he decried what he said were attempts to enact gun control, arguing that criminals would simply ignore the laws.The speech helped pave the way for Robinson's 2020 victory in a race for lieutenant governor, which he won by three percentage points even as Democratic Gov. Roy Cooper was reelected to a second term.That year, Trump also won North Carolina — albeit narrowly — against now-President Joe Biden. Anchored by the support of rural conservatives, the then-president eked out a one-point victory in what has become one of the nation's <a target="_blank" class="" href="https://www.businessinsider.com/battleground-states-2024-presidential-election-road-white-house-2022-12">premier swing states</a>.Robinson's political brand is rooted in a more confrontational Republican style, though. <a target="_blank" href="https://www.businessinsider.com/north-carolina-governors-race-robinson-stein-cooper-abortion-guns-lgbtq-2023-4">His biggest advantage</a> is with social conservatives, not the sort of college-educated suburban voters who have turned away from the GOP in the Trump era.It's encapsulated in earlier polling. A <a target="_blank" class="" href="https://www.nytimes.com/interactive/2024/08/17/us/elections/times-siena-poll-north-carolina-likely-electorate.html">New York Times/Siena College poll</a> released in August showed Stein leading Robinson 49% to 39% among likely voters. A <a target="_blank" class="" href="https://poll.qu.edu/poll-release?releaseid=3904">Quinnipiac University poll</a> released earlier this month showed Stein up by 10 points (51% to 41%) among likely voters. And a recent <a target="_blank" class="" href="https://emersoncollegepolling.com/september-2024-swing-state-polls-trump-and-harris-locked-in-tight-presidential-race/">Emerson College poll</a> showed Stein ahead of Robinson by eight points (48% to 40%) among likely voters.<div type="image" title="Donald Trump at a campaign rally." height="3819" width="5728" msid="113573925" hostid="261" sizebytes="357806"></div>Robinson's campaign has stumbled in the state for some time — and it's unclear what the ramifications of the latest allegations will be for his candidacy. But state Treasurer Dale Folwell, who lost to Robinson in this year's gubernatorial primary, last week <a target="_blank" class="" href="https://www.newsobserver.com/news/politics-government/election/article292757504.html">told the News &amp; Observer</a> that taxpayers and donors were "getting fleeced" by the lieutenant governor.Such a remark from a fellow statewide GOP official usually doesn't bode well for party unity. And Trump is now caught in that web.<h2 id="a28321c7-1a5e-471b-b82b-af47656c6e29">A tale of 'reverse coattails'</h2>When popular candidates are running at the top of the ticket — notably in presidential, gubernatorial, or Senate races — they often boost down-ballot candidates.A strong candidate leading the party on the ballot can have an immeasurable impact on turnout and enthusiasm for candidates who need help getting over the finish line.In 2020, Robinson outperformed Trump in North Carolina, but the former president also brought out voters who undoubtedly boosted the lieutenant governor in areas where he wasn't as well known.Now, Robinson's latest scandal threatens Trump's hold on a state that Harris has targeted since her campaign began in July. The vice president has reversed the slide that the party faced when Biden was the nominee, and recent polls taken in North Carolina have showed her tied with Trump or <a target="_blank" class="" href="https://www.nytimes.com/interactive/2024/08/17/us/elections/times-siena-poll-north-carolina-likely-electorate.html">with a slight lead</a>.Harris' competitiveness in the state is driven by her advantages with women, young voters, urban voters, and college-educated suburbanites. And she's running a distinctly pro-choice campaign, in contrast to Robinson — an anti-abortion champion who also <a target="_blank" class="" href="https://x.com/AdImpact_Pol/status/1819379051594711415">revealed last month</a> that his wife had an abortion 30 years ago.Pessimism over Robinson's campaign could depress Trump's numbers in the state, creating a "reverse coattail" effect — especially if Robinson loses by a sizable margin.The GOP is up against a Harris campaign that's flush with cash and has 26 field offices and over 200 paid staffers in North Carolina. The Harris campaign also released an ad seeking to tie Robinson to Trump, <a target="_blank" class="" href="https://www.youtube.com/watch?v=qFKkKJi7698">weaving in old footage</a> where the ex-president said the lieutenant governor was "better than Martin Luther King."Democrats believe that Harris' presence on the ballot will be able to help them in other races."[W]hat's very exciting to me is that we have a lot of people that are interested in the top of the ticket, but that are also getting educated about the importance of down-ballot," North Carolina Democratic Party chair Anderson Clayton <a target="_blank" class="" href="https://www.msnbc.com/msnbc-podcast/why-is-this-happening/building-new-south-anderson-clayton-podcast-transcript-rcna170724">recently told MSNBC's Chris Hayes</a>.Should Harris win North Carolina and its 16 electoral votes, she'll likely already be on her way to a national victory, given the state's slight Republican lean in presidential races. However, although she'd clearly like to do so, Harris doesn't have to win the state to win the election.But North Carolina is critical for Trump. It has been a Southern anchor of support in his last two presidential runs. And the state's penchant for close elections is a reflection of just how much Robinson's woes could ultimately decide Trump's political fate.During a Saturday rally in Wilmington, Trump seemed to acknowledge that reality. Robinson was not present at the event. And the former president didn't mention the lieutenant governor's name.

Mark Robinson's scandal could cost Trump North Carolina's electoral votes — and the election

<ul class="summary-list"><li>Hurricane Helene has caused price-gouging complaints to surge in southeastern states.</li><li>Price gouging involves hiking prices excessively on essential goods, often during emergencies.</li></ul>As <a target="_blank" class="" href="https://www.businessinsider.com/hurricane-helene-destroyed-safe-haven-maples-coffee-shop-north-carolina-2024-10">Hurricane Helene wreaked havoc</a> across southeastern US states, complaints of price gouging have surged.<a target="_blank" class="" href="https://www.businessinsider.com/grocery-costs-inflation-kamala-harris-ban-price-gouging-election-trump-2024-8#:~:text=Price%20gouging%2C%20in%20which%20companies,high%20grocery%20prices%2C%20as%20well.">Price gouging</a> is when businesses <a target="_blank" class="" href="https://www.businessinsider.com/inflation-dynamic-pricing-surge-cost-fatigue-2024-7">hike prices on goods or services</a> to excessive levels, often during emergencies, like a natural disaster, taking advantage of high demand and limited supply.Business Insider contacted the states worst hit by <a target="_blank" class="" href="https://www.businessinsider.com/before-after-satellite-photos-hurricane-helene-destruction-florida-2024-10">the hurricane</a> — North Carolina, South Carolina, Georgia, Florida, Tennessee, and Virginia — and found that several of them were either inundated with complaints of price gouging or had to issue warnings against it.In South Carolina, which had about 36 storm-related deaths, the Attorney General's office told BI it had documented at least 142 price-gouging complaints since the <a target="_blank" class="" href="https://www.businessinsider.com/hurricane-helene-electric-vehicles-evs-owners-fire-risk-safety-tips-2024-10">start of Hurricane Helene.</a>"Of these, most of the complaints are about hotels, gasoline, gas cans, generators, ice, and eggs," said Robert Kittle, communications director for South Carolina Attorney General Alan Wilson, in an email.He added that more complaints were expected, noting that they still had 246 voicemails and emails to review.However, Kittle said not all of the complaints would warrant further investigation or meet the legal definition of price gouging under the state's law.Wilson, the AG, announced on Thursday that the state's price-gouging law was in effect.<a target="_blank" class="" href="https://www.scag.gov/about-the-office/news/attorney-general-alan-wilson-announces-state-s-price-gouging-law-in-effect-because-of-hurricane-helene/">The announcement</a> said that while the state could expect normal price fluctuations, which are legal, it also anticipated "businesses and individuals looking to unfairly take advantage of the situation," which would violate the law.Kittle said that most of the complaints were coming from upstate South Carolina.In neighboring <a target="_blank" class="" href="https://www.businessinsider.com/hurricane-helene-hits-asheville-beer-microbreweries-north-carolina-floods-2024-9">North Carolina</a>, which experienced the highest death toll of about 56, there were also dozens of price-gouging complaints.A spokesperson for the North Carolina Attorney General's Office said the state's Department of Justice had received 64 complaints alleging price gouging in western North Carolina.Most complaints were about hotel rates as well as grocery and fuel prices, which they said the AG's office was investigating.In <a target="_blank" class="" href="https://ncdoj.gov/attorney-general-josh-stein-provides-update-on-price-gouging-after-hurricane-helene/">a statement</a> provided to BI, North Carolina Attorney General Josh Stein said: "North Carolina has an anti-price gouging law to make sure that no bad actors try to take advantage of people's desperation.""My team and I aggressively enforce that law and won't let them," he added.Stein noted that more complaints might emerge as residents in western North Carolina, <a target="_blank" class="" href="https://www.businessinsider.com/hurricane-damage-port-strike-could-hurt-us-economy-2024-9">heavily impacted by Hurricane Helene,</a> could be facing difficulties connecting to phones or the internet.Florida, which had about 14 storm-related deaths, also received multiple complaints, though the state did not specify how many.Kylie Mason, communications director for Attorney General Ashley Moody, told BI they had received complaints "mostly about fuel and water."On Monday, Moody <a target="_blank" class="" href="https://www.myfloridalegal.com/newsrelease/consumer-alert-attorney-general-moody-warns-floridians-affected-hurricane-helene-about">issued a warning</a> urging Floridians to be "vigilant" for price gouging.The warning urged anybody suspicious of price gouging on storm-essential items to report it, noting that violators are subject to civil penalties of $1,000 per violation.The attorneys general of Tennessee, which had about eight deaths connected to Hurricane Helene, and Georgia, with about 25, did not immediately respond to BI's request for data. But both states have issued warnings on price gouging.Georgia's Attorney General's Consumer Protection Division <a target="_blank" class="" href="https://consumer.georgia.gov/business-services/emergency-price-controls">warned </a>that "although competition and demand drive prices in our free-market economy," Georgia law prohibits businesses from "taking advantage of the situation" during a state of emergency.It said price increases are only allowed if they reflect legitimate cost increases in stock, transportation, or the retailer's typical markup from the 10 days before the emergency.Similarly, Tennessee Attorney General Jonathan Skrmetti condemned price gouging <a target="_blank" class="" href="https://www.tn.gov/attorneygeneral/news/2024/10/1/pr24-70.html">in a statement on Tuesday</a>, urging victims to contact the Tennessee Division of Consumer Affairs."Price gouging and scamming vulnerable people after disasters is not only repulsive, it's illegal," he said.In Virginia, which had about two storm-related deaths, there were no complaints of price gouging at the time of reporting."While it is still early, we do not have any reports yet," said Shaun Kenney, director of communications for Virginia Attorney General Jason Miyares, in an email Tuesday.Kenney added: "The Virginia Attorney General's Office is doing everything we can to inform the public and make them aware of both their rights and the pathways available to move forward on any complaints or concerns."The issue of price gouging has become a political hot topic in the presidential election cycle, with Vice President <a target="_blank" class="" href="https://www.businessinsider.com/how-to-lower-grocery-prices-inflation-harris-price-gouging-proposal-2024-8">Kamala Harris pledging to stop it</a> in the food and grocery industries if she is elected president.Harris said she plans to pursue the <a target="_blank" class="" href="https://www.businessinsider.com/grocery-costs-inflation-kamala-harris-ban-price-gouging-election-trump-2024-8">first federal ban on price gouging</a> in response to <a target="_blank" class="" href="https://www.businessinsider.com/why-prices-inflation-soaring-corporate-greed-profits-margins-wages-jobs-2023-4">painful inflation</a> in recent years — a plan that has received <a target="_blank" class="" href="https://www.businessinsider.com/kamala-harris-price-gouging-ceiling-policy-inflation-krugman-oleary-ramsey-2024-8">mixed reviews from economists.</a>

Price-gouging complaints about the cost of fuel, water, and hotels are surging in states hit by Hurricane Helene    

<keyword id="19988" type="General" weightage="20" keywordseo="Bali" source="Orion">Bali</keyword>, the <keyword id="43865" type="General" weightage="20" keywordseo="Indonesian" source="Orion">Indonesian</keyword> paradise known for its stunning <keyword id="6396451" type="General" weightage="20" keywordseo="Beaches" source="Orion">beaches</keyword>, lush rice terraces, and vibrant culture, is a dream destination for many travelers. While Bali is often perceived as a luxury getaway, it is entirely possible to experience its magic without breaking the bank. Here’s a comprehensive guide on how to <keyword id="22030265" type="General" weightage="20" keywordseo="visit-Bali-on-a-budget" source="keywords">visit Bali on a budget</keyword>, covering everything from flights and accommodation to food and activities. <cmsannotation type="cmsannotation" annotationid="1. Plan Your Trip During the Off-Season" text="1. Plan Your Trip During the Off-Season">1. Plan Your Trip During the Off-Season</cmsannotation> The first step to saving money on your Bali trip is to plan your visit during the off-season. Bali’s peak <keyword id="494935" type="General" weightage="20" keywordseo="tourist-season" source="Orion">tourist season</keyword> is from July to August and during the Christmas and New Year holidays. During these times, prices for flights, accommodations, and even activities skyrocket. Instead, consider visiting during the shoulder seasons (April to June and September) when the weather is still pleasant, but prices are significantly lower. <cmsannotation type="cmsannotation" annotationid="2. Finding Affordable Flights" text="2. Finding Affordable Flights">2. Finding Affordable Flights</cmsannotation> Booking flights early can often get you the best deals. Use flight comparison websites like Skyscanner, Kayak, or Google Flights to monitor and compare prices. Be flexible with your travel dates and consider flying mid-week when fares are typically cheaper. Another cost-saving tip is to fly into Jakarta or another major Indonesian city and then take a budget airline, such as <keyword id="6358246" type="General" weightage="20" keywordseo="AirAsia" source="Orion">AirAsia</keyword> or Lion Air, to Bali. <cmsannotation type="cmsannotation" annotationid="3. Budget Accommodation Options" text="3. Budget Accommodation Options">3. Budget Accommodation Options</cmsannotation> Bali offers a wide range of accommodation options, from luxurious resorts to budget-friendly hostels. For the budget traveler, here are a few options: Hostels and Guesthouses: Websites like Hostelworld and Booking.com list numerous affordable hostels and guesthouses. Areas like Kuta, Seminyak, and Ubud have many budget-friendly options. Homestays: Staying in a homestay can be a more immersive experience, allowing you to live with local families. Homestays are often cheaper than hotels and provide a unique cultural experience. <keyword id="719382" type="General" weightage="20" keywordseo="Airbnb" source="Orion">Airbnb</keyword>: Renting a room or an entire villa through Airbnb can sometimes be more economical, especially if you’re traveling in a group. <cmsannotation type="cmsannotation" annotationid="4. Eat Like a Local" text="4. Eat Like a Local">4. Eat Like a Local</cmsannotation> Food is one of the easiest areas to save money in Bali. While there are plenty of high-end restaurants, you can enjoy delicious meals at local warungs (small family-owned eateries) for a fraction of the cost. Here are some budget-friendly food tips: Warungs: Try local dishes such as Nasi Goreng (fried rice), Mie Goreng (fried noodles), and Satay (grilled meat skewers) at warungs. Street Food: Bali’s street food is both cheap and tasty. Don’t miss out on trying local snacks like Martabak (stuffed pancake) and Pisang Goreng (fried banana). Supermarkets and Markets: Buy fresh fruits and snacks from local markets or supermarkets like Bintang or Carrefour. <cmsannotation type="cmsannotation" annotationid="5. Affordable Transportation" text="5. Affordable Transportation">5. Affordable Transportation</cmsannotation> Getting around Bali on a budget is quite feasible. Here are a few transportation tips: Scooter Rental: Renting a scooter is one of the most cost-effective ways to explore Bali. Daily rental rates are quite low, and scooters offer the freedom to travel at your own pace. Public Transport: Use local transportation like bemos (shared minibuses) for short trips. They are inexpensive and give you a more local experience. Ride-Hailing Apps: Apps like Grab and Gojek offer affordable rides and can be a cheaper alternative to taxis. They also provide bike taxis, which are even more budget friendly. Walking: In areas like Ubud or Seminyak, many attractions are within walking distance. Exploring on foot is not only free but also a great way to discover hidden gems. <cmsannotation type="cmsannotation" annotationid="6. Free and Low-Cost Activities" text="6. Free and Low-Cost Activities">6. Free and Low-Cost Activities</cmsannotation> Bali is rich in natural beauty and cultural experiences that don’t require a hefty budget. Here are some affordable activities to consider: Beaches: Enjoy Bali’s stunning beaches such as Kuta, Seminyak, and Nusa Dua. Relaxing on the beach is free, and you can often find affordable beachside cafes for refreshments. Temples: Visit iconic temples like Tanah Lot, Uluwatu, and Tirta Empul. Entrance fees are minimal, and the cultural experience is invaluable. Rice Terraces: Explore the famous Tegallalang Rice Terraces in Ubud. A small donation is usually appreciated, but the experience is mostly free. Waterfalls: Discover Bali’s beautiful waterfalls like Tegenungan, Gitgit, and Sekumpul. Entry fees are usually low, and the natural beauty is breathtaking. Markets: Wander through local markets such as Ubud Market or Seminyak’s Flea Market. Browsing is free, and you can find affordable souvenirs and local crafts. <cmsannotation type="cmsannotation" annotationid="7. Money-Saving Tips" text="7. Money-Saving Tips">7. Money-Saving Tips</cmsannotation> Bargain: Bargaining is common in Bali, especially in markets and with street vendors. Don’t be afraid to negotiate for a better price. Local SIM Card: Buy a local SIM card with data for affordable internet access. This can help you use ride-hailing apps and stay connected without high roaming charges. Avoid Tourist Traps: Be cautious of overpriced tourist attractions and tours. Do some research and opt for less commercialized experiences. <cmsannotation type="cmsannotation" annotationid="8. Travel Insurance" text="8. Travel Insurance">8. Travel Insurance</cmsannotation> While it might seem like an added expense, travel insurance is a must, especially when traveling on a budget. It can save you a lot of money in case of unexpected medical emergencies, trip cancellations, or lost belongings. <cmsannotation type="cmsannotation" annotationid="Conclusion" text="Conclusion">Conclusion</cmsannotation> Visiting Bali on a budget is entirely achievable with some careful planning and smart choices. By traveling during the off-season, finding affordable flights and accommodation, eating like a local, and exploring the island’s natural and cultural attractions, you can enjoy a memorable and affordable trip to this beautiful island. Bali’s charm and beauty don’t have to come with a high price tag – with the right approach, you can experience its magic without breaking the bank.

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