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- Too much heat, not enough homes. Cool, coastal cities tend to be the safest places in a heat wave. But they’re also nearly impossible to build new housing in. That shortage is pushing middle-class and working-class families into more dangerous areas, where they face elevated risk from climate change and the extreme heat it brings.
- Childcare probably won’t get cheaper anytime soon. Prices have skyrocketed in the last 25 years, and they’re unlikely to come down in the near future. But the issue is of interest to both the Harris and Trump campaigns, which have each supported tax credits to parents.
- Think twice before seeking a counteroffer at work. Using a competing job offer to negotiate a raise at work may seem like a quick fix for more money. According to a former Microsoft VP, however, it can leave your employer feeling betrayed — and may even ruin your chances for future raises and promotions.
In other news
- The tricky way the government could lower grocery prices.
- Meta’s new web-crawling bots have some sneaky ways of scraping online content.
- 3 ways to use ChatGPT to up your sales game, according to a consulting CEO.
- A data center landlord shares what he expects for the future of AI demand and revenue.
What’s happening today
- Federal Open Market Committee meeting minutes published.
- Zoom, Target, Macy’s, and other companies report earnings.
The Insider Today team: Dan DeFrancesco, deputy editor and anchor, in New York. Jordan Parker Erb, editor, in New York. Hallam Bullock, senior editor, in London. Milan Sehmbi, fellow, in London. Amanda Yen, fellow, in New York.
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