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The EU just fired a shot across the bow at Shein and Temu
Could the era of the super cheap phone case arriving from China in a week finally be ending? Thanks to a major change to European regulations, it just might. European Union finance ministers have agreed to impose customs duties on low-value parcels entering the bloc at some point next year, scrapping the long-standing “de minimis” exemption for goods under €150 (or $175). The move is seen as a way to slow the flood of cheap Chinese imports from platforms such as Shein and Temu. These goods now account for the bulk of the EU’s 4.6 billion small parcels a year, more than 90% of which came from China. The EU’s move follows the U.S. government’s decision to destroy its own de minimis waiver for Chinese e-commerce products. Because companies like Shein and Temu depend on shipping huge volumes of low-value parcels directly from Chinese warehouses to consumers, they will be hit hardest by the EU’s change. “It’s difficult to see how they will find an easy way around it—although given it’s coming on the heels of the U.S. doing similar, I’m sure they are already working on that,” says e-commerce expert Ben Graham. The regulatory shift will allow e-commerce to be more competitive across all digital channels. As a result, the shift is being presented as a big win for the EU, even if it happens to follow the United States taking a similar approach to small package rules earlier this year under Donald The President. Yet while the moves in both countries is aimed at Shein and Temu, it could also wind up harming homegrown companies in both Europe and the U.S. “The removal of de minimis rules is reshaping global e-commerce,” says Ronald Kleijwegt, CEO at logistics platform Vinturas. “EU exporters now face tariffs on low-value items, extra customs paperwork, and higher shipping costs when selling to the U.S.” Kleijwegt says the impact cuts both ways: “U.S. small businesses lose access to affordable European goods, while smaller EU firms lose duty-free access to the American market,” he explains. It’s not just the infamous de minimis import duty benefit that’s in the firing line in Europe: Brussels has also floated a €2 handling fee on every low-value parcel and is pushing member states to stop underdeclared packages from slipping through customs. Some individual countries, including Romania and Italy, are already introducing their own national fees while they wait for the EU-wide regime to kick in. Existential or not? The question is whether Temu and Shein will face a simple hit to their margins, or an existential threat to their whole business model. Roberto Lobue, partner and retail sector expert at accountancy and business advisory firm Menzies, argues the changes will bite hard and fast. “Since the U.S. scrapped its own de minimis duty free limit, the amount of low-value items exported to the U.S. has dropped dramatically, as firms like Shein and Temu focused increasingly on the EU market,” he says. “With Europe becoming a back door for lower valued goods, the EU’s move to accelerate its own reversal next year comes as no surprise.” For Lobue, the end of duty-free thresholds is where the Temu and Shein model starts to crack. “Once duties and handling fees apply from the first euro, prices will rise, logistics will get more complex, and Shein and Temu will need to shift to bulk imports, EU warehousing, and stricter customs compliance,” he says. “The change removes a long-criticized competitive distortion, and will likely dampen the impulse buying that fuels these platforms, as even small added fees can make a big impact.” As prices edge up, he warns, the whole purpose of the two platforms—its ultracheap prices—gets weaker. “As their prices climb, competitors like Amazon are already moving to capture bargain-hunters, with the launch of its new ‘Haul’ feature, and others may seek to capitalize,” he says. Julian Skelly, managing partner of retail at Publicis Sapient, thinks Temu and Shein are unlikely to be killed off. But they will have to evolve. “They’ve built impressive capabilities around direct-to-consumer logistics and demand sensing; now they’ll need to leverage those strengths differently,” he says. The attempt to hobble the Chinese companies might not have its intended goal. “Platforms built on ultra-low-value cross-border shipping are under similar pressure,” says Kleijwegt. Both Temu and Shein explored appointing U.S.-based entities or distributors to manage domestic clearance and distribution, but that adds cost and complexity to their operations, he adds. Kleijwegt points out that the turbulence also exposes a bigger systems problem. “Businesses need systems that can adapt quickly, share information securely, and provide visibility across borders as trade tensions and new rules mount,” he says. “Stronger connectivity reduces compliance friction, enables companies to respond faster to regulatory change, cuts complexity, and builds the resilience needed to compete in an unpredictable trade environment. This can make the difference between staying competitive in international markets and being shut out.” View the full article
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Eight Accessories That Will Make Your Tools Even More Useful
We may earn a commission from links on this page. If you own a home or just like to maintain your stuff, you probably own a bunch of tools that help you do stuff that would be impossible otherwise. (Unless you've had more success than I have at hammering a nail into a block of wood with your fists). But tools themselves can often be augmented with accessories that make them a little easier to use, more effective, and safer—think of these accessories as tools for your tools. Even the best-stocked tool chest can be improved with the addition of a few simple, low-cost accessories. Here are eight that every DIYer should pick up to make their next project a little easier. Bucket organizersMy DIY process used to involve several trips back and forth between the project site and my tool closet, because I can only carry so much stuff at one time. Stuffing tools and loose screws into your pockets might get the job done, but it isn’t pretty, especially when the clawtooth hammer gets stuck in your pocket and you rip your pants open while standing on your roof in full view of the neighborhood, which is definitely not something that has ever happened to me. That’s why a bucket organizer (like the Bucketeer) is a must-have. It’s so simple it’s ridiculous: These organizers slide into the bucket and act as a tool belt around the exterior. You can still use the bucket as a bucket, while also easily transporting your gear. Depth stop collarsOne lesson I’ve learned in my DIY journey is that I’m never as in control of my power tools as I think I am. The evidence for this is all the times I’ve drilled way too deep for what I need. Whether you need a series of holes drilled to a precise depth, or you want to avoid overdrilling through the back of something, you quickly learn that eyeballing stuff and drilling by “feel” is an easy way to screw everything up. Having a set of depth collars like these is the answer. They clamp onto your bit and prevent you from over- or under-drilling. Aside from the precision, they also allow you to put full force behind the drill, because you don’t have to worry about losing control at the critical moment and over-drilling. Anti-vibration padsDIY projects can be pretty noisy. An anti-vibration pad like this one is an essential tool accessory. It reduces the noise from vibration and helps to protect the surface under your tools or materials so you can work safely. You can buy these in pre-sized versions, but buying a roll allows you to cut it up to fit your needs, so you can create pads for use under appliances (like the washing machine) to reduce noise and vibration, to use under portable saws and other tools, and to slide under materials that you’re working on. It’s a simple fix that makes DIY projects a lot more pleasant. Dust collectorsDust is a byproduct of just about every project you’ll ever do around the house. You can try hanging plastic sheets or using tape and/or envelopes to catch dust, but in my experience, neither really works—dust still gets everywhere. That's why this dust collector from DeWalt is a genius tool accessory: It suctions to the wall and connects to your wet/dry shopvac, effortlessly capturing all that dust from drilling and sanding. Anti-vibration gloves or wrapsIf you’ve ever used a power tool for a long stretch of time, you know how tired your hands and arms can get. You can reduce that stress on your body by reducing the vibrations you absorb from your tools with either anti-vibration gloves or an anti-vibration wrap that you can apply to hand tools (like hammers). These accessories absorb those vibrations, not only making them more comfortable to use but also increasing your control, because the tool won’t vibrate right out of your hands. Magnetic wristbandsIf you’ve ever wasted an hour of your life trying to find a dropped screw because you had no spares (I can neither confirm nor deny I’ve done this), you need a simple magnetic wristband like this one. It gives you a hands-free way to hang onto screws, bolts, nails, drill bits, or anything else metallic that you’re working with. Flexible drill bitsInevitably you’ll find yourself pondering how you can drill or screw something around a corner, or in a very tight space where no power tool could possibly fit. The answer is this amazing tool accessory: A flexible bit holder. With one of these, you can drill around corners or inside tight spots where a traditional bit can’t go, thus removing one more obstacle to getting your project finished. Laser saw guideIf you use a miter saw or any kind of circular saw, you know that even when you carefully measure and mark your materials, you can still mess up the cut. Undercut by the slightest margin and you’ll waste time sanding ends down or trying to make impossibly small extra cuts. Overcut, and you just wasted your time, effort, and materials. Adding a laser guide to your blade eliminates this risk. It clearly and accurately shows you exactly where your blade is going to bite, so you’ll know immediately if you’re a fraction of a millimeter off. You’ll be able to adjust before you cut, preventing frustration and waste. View the full article
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Ford and Amazon just redefined the used-car marketplace
Beep, beep: Amazon is making a bigger move into the market for used vehicles. The retail giant and Ford Motor Company announced a partnership today which will mean car buyers in three major cities can shop for, finance, and purchase a certified pre-owned Ford vehicle on Amazon Autos. This new partnership is initially launching in Los Angeles, Seattle, and Dallas, with plans to expand, and will allow customers to complete all steps of the car-buying process online before scheduling a pickup time at a participating dealer and signing the paperwork. “The addition of Ford certified pre-owned vehicles to Amazon Autos represents an exciting expansion of our store, giving customers access to thousands of quality vehicles backed by Ford’s comprehensive inspection and warranty programs,” Fan Jin, global leader of Amazon Autos, said in a statement. This marks the third major partnership that Amazon Autos has struck in the nearly two years since it launched in late 2023. It first began selling new vehicles from South Korean automaker Hyundai and partnered with car rental company Hertz earlier this year to sell used vehicles through Amazon Autos. As is true with the Hyundai partnership, the Ford dealer is ultimately the seller and handles the pricing, vehicle pickup, and future servicing needs. Amazon Autos merely serves as the facilitator of the online transaction. USED VEHICLE MARKET So far, more than 160 Ford franchised dealers have expressed interest in the new Amazon Autos program and about 20 dealers in those three cities are in the process of getting fully onboarded and launched, according to Ford. Expanding the number of places where consumers can buy a vehicle is also a savvy move for Ford at a time when used car sales have become a bit more sluggish. An uptick in prices for used vehicles has meant it’s taken longer for these vehicles to move off a dealer’s lot. For three-year-old vehicles, selling at more than $31,000 during the third quarter, it took an average of 41 days for these cars to sell, which was the slowest pace for this quarter since 2017, according to data from Edmunds.com. CARVANA, CARMAX COMPETITION Now that Amazon Autos will be offering vehicles that are new, certified pre-owned, and from the Hertz rental market fleet, it clearly is making a pretty aggressive move into territory once dominated by Carvana and CarMax. In the first three quarters of the year, Carvana sold more than 433,000 vehicles, compared to a 2024 total of 416,000-plus, according to figures from its quarterly earnings. Shares of Carvana fell nearly 3% in midday trading on Monday, while CarMax shares were down more than 2%. Meanwhile, Ford shares are trading about 0.7% lower. This weekend, Ford hosted the grand opening of its new, 2.1 million-square-foot headquarters. The Detroit-based automaker has sought to embrace a new era of innovation after some struggles in recent years. Rather than opt for the direct-to-consumer sales path that Tesla has favored, partnering with Amazon Autos may offer advantages. “Everyone has an Amazon account,” Wendy Lane, senior manager of Ford’s Blue Advantage unit, told Yahoo! Finance. “Knowing that it is a trusted source for consumers and having our vehicles listed there, we’re really excited to see how it works and how well consumers adopt it.” View the full article
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Most ChatGPT links get 0% CTR – even highly visible ones
A leaked file reveals the user interactions that OpenAI is tracking, including how often ChatGPT displays publisher links and how few users actually click on them. By the numbers. ChatGPT shows links, but hardly anyone clicks on them. For one top-performing page, the OpenAI file reports: 610,775 total link impressions 4,238 total clicks 0.69% overall CTR Best individual page CTR: 1.68% Most other pages: 0.01%, 0.1%, 0% ChatGPT metrics. The leaked file breaks down every place ChatGPT displays links and how users interact with them. It tracks: Date range (date partition, report month, min/max report dates) Publisher and URL details (publisher name, base URL, host, URL rank) Impressions and clicks across: Response Sidebar Citations Search results TL;DR Fast navigation CTR calculations for each display area Total impressions and total clicks across all surfaces Where the links appear. Interestingly, the most visible placements drive the fewest clicks. The document broke down performance by zone: Main response: Huge impressions, tiny CTR Sidebar and citations: Fewer impressions, higher CTR (6–10%) Search results: Almost no impressions, zero clicks Why we care. Hoping ChatGPT visibility might replace your lost Google organic search traffic? This data says no. AI-driven traffic is rising, but it’s still a sliver of overall traffic – and it’s unlikely to ever behave like traditional organic search traffic. About the data. It was shared on LinkedIn by Vincent Terrasi, CTO and co-founder of Draft & Goal, which bills itself as “a multistep workflow to scale your content production.” View the full article
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Microsoft Advertising adds AI-powered image animation to boost video creation
Microsoft Advertising is rolling out Image Animation, a new Copilot-powered feature that automatically converts static images into short, dynamic video assets — giving advertisers a faster path into video without traditional production. How it works: Copilot transforms existing static images into scroll-stopping animated video formats. The tool extends the lifespan of strong image creatives by repurposing them for video placements across Microsoft’s global publisher network. The feature is now in global pilot (excluding mainland China) and accessible through Ads Studio’s video templates. Why we care. Video continues to dominate digital attention, with the average American now watching more than four hours of digital video per day. As video becomes essential in performance campaigns, advertisers need scalable ways to produce it — especially when budgets or resources are tight. This update reduces production barriers, extends the value of top-performing images, and unlocks broader inventory across Microsoft’s premium video network. Between the lines. For many advertisers, the biggest bottleneck to entering video isn’t strategy — it’s production. Microsoft is positioning Copilot as a creative multiplier, letting performance marketers upgrade image-based campaigns with lightweight, AI-generated motion. The bottom line. Microsoft Advertising is working on their AI advances to close the gap between static creative and video demand — helping advertisers stay competitive as video consumption accelerates. View the full article
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UK to ban resale of tickets above face value for live events
Aggressive crackdown on touts comes after backlash over cost of watching live music and sportView the full article
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our new hire dresses too casually for client meetings
A reader writes: I work at a small start-up with about 15 people. We all work remotely. We recently hired a new employee for my team, and he is probably the youngest person in the company. We serve a pretty conservative field in terms of dress, expectations, formality — think along the lines of investment banking, law, or accounting. In internal Zoom meetings, our team wears whatever — sweatshirts, ball caps, athleisure, anything goes really. Externally, when meeting with our industry, we usually take it up just a notch; some people wear a sweater or a nice top, others stay bit more casual but would wear maybe a plain t-shirt with no writing on it, and generally appear neat. (We work with a lot of high-powered folks externally.) We do not have any sort of “dress code” and like most start-ups we don’t have a lot of rules in general. This new employee wears a sweatshirt with writing on it and a baseball cap for every external meeting. It’s a little disconcerting! But it’s such a delicate topic. Should I say anything or just let them be themselves? I answer this question — and two others — over at Inc. today, where I’m revisiting letters that have been buried in the archives here from years ago (and sometimes updating/expanding my answers to them). You can read it here. Other questions I’m answering there today include: When you’re asked to hire the CEO’s girlfriend Lunch meetings when I can’t eat The post our new hire dresses too casually for client meetings appeared first on Ask a Manager. View the full article
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US probes firms that borrowed $400mn from private credit giant HPS
BlackRock-owned lender has accused companies controlled by Bankim Brahmbhatt of ‘brazen’ fraudView the full article
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Intuit Unveils AI-Powered Tools for Effortless Year-Round Financial Control
In an age where financial management can often feel overwhelming for small business owners, Intuit has stepped up with a powerful all-in-one solution aimed at simplifying finances year-round. The company recently announced a groundbreaking suite of AI-driven tools integrated within its Consumer Platform, powered by both TurboTax and Credit Karma. This innovation promises to help users, including small business owners, make better financial decisions while reducing manual tasks and maximizing financial outcomes. Intuit’s new offering combines advanced artificial intelligence with human expertise to create what they call Agentic AI experiences. The tools are designed to provide customized, proactive assistance across various financial needs—ranging from tax preparation to credit management. Mark Notarainni, Executive Vice President of the Consumer Group at Intuit, emphasized the urgent need for such services, stating, “With over 75% of American households earning less than $100K annually and 57% of active Credit Karma members managing revolving debt, personal finances can feel overwhelming with no single resource for all money needs.” The Consumer Platform boasts three key benefits tailored for small business owners and consumers alike. Firstly, it offers “done-for-you” experiences through a mix of AI and human intelligence. This feature automates many of the repetitive tasks related to financial management, such as credit building and tax preparation, thereby freeing up valuable time. For instance, the Tax Assistant minimizes manual data entry by automatically syncing information from Credit Karma into TurboTax, allowing the filing process to be streamlined significantly. This could be especially beneficial for small business owners who often juggle various responsibilities and may struggle to find the time for tax prep. Secondly, the platform provides unrivaled access to trusted advice. With an expanding network of local tax experts, small business owners can get year-round assistance tailored to their specific industry and financial situations. This personalized guidance can instill added confidence in achieving financial goals, making it easier to tackle complex issues like tax compliance or optimizing cash flow. The third primary benefit is the promise of “more money, faster.” For small business owners, the speed at which they can access funds is crucial for maintaining cash flow. The platform offers features such as Refund Advance, allowing users to access up to $4,000 instantly after IRS acceptance of their tax filings. This could be a game-changer for those needing quick capital for operational expenses or hiring. While the advantages are clear, small business owners should also consider potential challenges associated with adopting these new technologies. The reliance on AI might raise concerns about data security and accuracy. As Intuit integrates more AI-driven features into its processes, ensuring the privacy of sensitive financial information will be paramount. Additionally, small business owners accustomed to traditional methods might face a learning curve when adapting to these new tools. Moreover, the effectiveness of AI-driven recommendations can vary based on the quality of the data inputted. For businesses with complex financial situations, the one-size-fits-all approach may not be sufficient, necessitating a level of oversight and adjustment from the user. Intuit’s Consumer Platform aims not only to assist individuals but also to empower small business owners to manage their finances with greater ease and confidence. By merging technology with human insight, the platform enables users to tackle financial tasks that often feel burdensome, thereby allowing them to focus on growing their enterprises. The integration of AI and human intelligence promises a more efficient path to financial management, providing a solution to the frustrations many small business owners face. With personalized support and innovative tools right at their fingertips, they can better navigate their financial futures. For more details on this exciting development, you can view the original press release from Intuit here. Image via Google Gemini This article, "Intuit Unveils AI-Powered Tools for Effortless Year-Round Financial Control" was first published on Small Business Trends View the full article
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Intuit Unveils AI-Powered Tools for Effortless Year-Round Financial Control
In an age where financial management can often feel overwhelming for small business owners, Intuit has stepped up with a powerful all-in-one solution aimed at simplifying finances year-round. The company recently announced a groundbreaking suite of AI-driven tools integrated within its Consumer Platform, powered by both TurboTax and Credit Karma. This innovation promises to help users, including small business owners, make better financial decisions while reducing manual tasks and maximizing financial outcomes. Intuit’s new offering combines advanced artificial intelligence with human expertise to create what they call Agentic AI experiences. The tools are designed to provide customized, proactive assistance across various financial needs—ranging from tax preparation to credit management. Mark Notarainni, Executive Vice President of the Consumer Group at Intuit, emphasized the urgent need for such services, stating, “With over 75% of American households earning less than $100K annually and 57% of active Credit Karma members managing revolving debt, personal finances can feel overwhelming with no single resource for all money needs.” The Consumer Platform boasts three key benefits tailored for small business owners and consumers alike. Firstly, it offers “done-for-you” experiences through a mix of AI and human intelligence. This feature automates many of the repetitive tasks related to financial management, such as credit building and tax preparation, thereby freeing up valuable time. For instance, the Tax Assistant minimizes manual data entry by automatically syncing information from Credit Karma into TurboTax, allowing the filing process to be streamlined significantly. This could be especially beneficial for small business owners who often juggle various responsibilities and may struggle to find the time for tax prep. Secondly, the platform provides unrivaled access to trusted advice. With an expanding network of local tax experts, small business owners can get year-round assistance tailored to their specific industry and financial situations. This personalized guidance can instill added confidence in achieving financial goals, making it easier to tackle complex issues like tax compliance or optimizing cash flow. The third primary benefit is the promise of “more money, faster.” For small business owners, the speed at which they can access funds is crucial for maintaining cash flow. The platform offers features such as Refund Advance, allowing users to access up to $4,000 instantly after IRS acceptance of their tax filings. This could be a game-changer for those needing quick capital for operational expenses or hiring. While the advantages are clear, small business owners should also consider potential challenges associated with adopting these new technologies. The reliance on AI might raise concerns about data security and accuracy. As Intuit integrates more AI-driven features into its processes, ensuring the privacy of sensitive financial information will be paramount. Additionally, small business owners accustomed to traditional methods might face a learning curve when adapting to these new tools. Moreover, the effectiveness of AI-driven recommendations can vary based on the quality of the data inputted. For businesses with complex financial situations, the one-size-fits-all approach may not be sufficient, necessitating a level of oversight and adjustment from the user. Intuit’s Consumer Platform aims not only to assist individuals but also to empower small business owners to manage their finances with greater ease and confidence. By merging technology with human insight, the platform enables users to tackle financial tasks that often feel burdensome, thereby allowing them to focus on growing their enterprises. The integration of AI and human intelligence promises a more efficient path to financial management, providing a solution to the frustrations many small business owners face. With personalized support and innovative tools right at their fingertips, they can better navigate their financial futures. For more details on this exciting development, you can view the original press release from Intuit here. Image via Google Gemini This article, "Intuit Unveils AI-Powered Tools for Effortless Year-Round Financial Control" was first published on Small Business Trends View the full article
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Google Extends AI Travel Planning And Agentic Booking In Search via @sejournal, @MattGSouthern
Google is expanding AI Mode with Canvas travel planning, global Flight Deals rollout, and agentic booking for restaurants, events, and local appointments. The post Google Extends AI Travel Planning And Agentic Booking In Search appeared first on Search Engine Journal. View the full article
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Amazon joins Big Tech bond rush with $12bn debt sale
Ecommerce giant’s first US bond in three years comes as it cranks up spending on artificial intelligence infrastructureView the full article
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Accounting Firms Need Marquee Clients
Look at your client base like a bell curve. By Domenick J. Esposito 8 Steps to Great Go PRO for members-only access to more Dom Esposito. View the full article
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Accounting Firms Need Marquee Clients
Look at your client base like a bell curve. By Domenick J. Esposito 8 Steps to Great Go PRO for members-only access to more Dom Esposito. View the full article
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Google can book your flights, hotels and dinner reservations using AI
Google is releasing some new ways to book your flights and hotels through AI Mode, plus new tools to plan your travel and find travel deals. These updates include Canvas in AI Mode for travel, flight deals rolling out globally, agentic booking for dinner reservations, flights and hotels. Some of these features are similar to the AI Shopping updates that Google announced last week. Agentic booking. Google in AI Mode can now not just recommend restaurants, hotels and flights but now also help you book them. We saw some of these features for reservations and events but that was while in Labs, opting into Labs is no longer required. Dinner reservations agentic booking: Here is a video showing off how Google handles the research and then booking of dinner reservations: Agentic booking for restaurants is rolling out this week on AI Mode in the U.S. These can work through OpenTable, Resy, Tock, Ticketmaster, StubHub, SeatGeek, Vivid Seats, Booksy, Fresha and Vagaro. Flights and hotel booking: Google said in “the future” AI Mode will help you book your fights and hotel reservations. Google said it is “working now with industry partners to build an experience where you can simply describe what you’re looking for to compare different flights or hotels and browse helpful information like schedules, prices, room photos, amenities and reviews.” “You’ll be able to follow up and refine your options, and then once you’re ready, you can quickly complete the booking with the partner of your choice,” Google added. Here is how travel booking works: Google is working on this feature now with Booking.com, Choice Hotels International, Expedia, IHG Hotels & Resorts, Marriott International and Wyndham Hotels & Resorts. Google has no specific launch timeline for this capability but here is how it will work. Canvas in AI Mode for travel planning. Google has added Canvas within AI Mode for travel planning, something Google showed us earlier but it is now available on desktop in the U.S. for those that opt into the AI Mode experiment within Google Labs. This gives you a space to organize plans and projects over time and come up with your plan. Here is how it looks: Flight deals expansion. Google is now expanding its flight deals out to over 200 countries and territories worldwide with support for more than 60 languages. This launched previously in the US and Canada and is rolling out globally now. Google said “to get started, just describe where, when and how you’d like to travel – like you’re talking to a friend – and Flight Deals will use AI to understand what you’re looking for and show the best bargains available.” Here is how that looks: Why we care. These new AI features are embedded directly in Google AI Mode. This is the future of Google Search and if you run travel related websites, you should see and understand how these changes work and how they may impact your business. View the full article
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Germany lifts weapons freeze on Israel in response to Gaza ceasefire
Partial embargo caused backlash for Chancellor Friedrich Merz and prompted harsh criticism from Benjamin NetanyahuView the full article
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Here’s how YouTube became the most-watched video provider in the U.S.
In its early days, the odds seemed good that YouTube was destined for failure. After a false start as a dating website, it wasn’t clear whether the company could cover the cost of streaming video content, or avoid the fate of Napster, which was sued out of business for copyright infringement. But after getting acquired by Google in 2006, and deciding to share ad revenue with creators a year later, YouTube went on not only to survive, but also to revolutionize the entire media ecosystem—from “double rainbows” to the “Ice Bucket Challenge.” In 2024, YouTube took in $36.3 billion in ad revenue, and today it is the most-watched video provider in the U.S.—not just among streamers, but cable and broadcast TV as well. Fast Company spoke to CEO Neal Mohan and creators like Rebecca Black and Smosh about how YouTube continues to redefine what TV can be. View the full article
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7 Best Online Stores to Shop Craft Supplies
When you’re in need of craft supplies, knowing where to shop can save you time and money. Various online stores cater to different crafting needs, from wholesale options to unique artisan materials. For instance, CraftOutlet.com offers competitive pricing on bulk supplies, whereas Etsy features one-of-a-kind items from independent sellers. Each store has its strengths, making it crucial to understand what they offer. Let’s explore these top options to find the best fit for your crafting projects. Key Takeaways CraftOutlet.com offers a vast selection of wholesale craft supplies with competitive pricing and free shipping on orders over $69. Little Craft Place specializes in washi tape and scrapbooking supplies, with unique journaling necessities and exclusive in-store pick-up options. CraftDirect.com provides extensive paper crafting supplies at budget-friendly prices, with frequent inventory updates and free shipping on orders over $69. Mood Designer Fabrics features high-quality fabrics suitable for various projects, with user-friendly filtering tools for easy selection. Etsy supports small businesses by offering unique, handmade craft supplies, with detailed product descriptions and regular updates on new trends. CraftOutlet.com: Wholesale Craft Supplies to the Public When you’re looking for a reliable source of craft supplies, CraftOutlet.com stands out as a premier option, especially since it offers wholesale products directly to the public. This platform caters to both casual crafters and professional artisans, providing a vast selection of craft supplies for adults. You’ll find competitive pricing across various departments, ensuring you get quality materials at affordable rates. New items are added daily, which keeps your crafting projects fresh and trendy. With an extensive inventory that includes floral supplies, ribbons, and deco mesh, CraftOutlet.com meets diverse crafting needs. Plus, enjoy free shipping on orders over $69, enhancing your shopping experience and making it easier to stock up on all your crucial supplies. Little Craft Place: Washi Tape, Journal & Scrapbooking Supplies At Little Craft Place, you’ll find an extensive selection of washi tape that features various designs and themes, ideal for enhancing your journal and scrapbook projects. The store furthermore offers unique journaling necessities, such as notebooks and stickers, to help personalize your creative endeavors. In addition, scrapbooking enthusiasts can explore a range of tools and accessories, ensuring they’ve everything needed to bring their layouts to life. Extensive Washi Tape Selection Little Craft Place boasts an impressive assortment of washi tape that caters to a variety of crafting needs, making it an essential destination for anyone interested in journaling, scrapbooking, or creative projects. You’ll find an extensive selection of colors, patterns, and widths to match your style. Their inventory is frequently updated, ensuring you can access the latest designs and seasonal options. Feature Details Variety Multiple colors, patterns, and widths Pricing Competitive and affordable options Promotions Exclusive deals to stock up on favorites Shopping for craft supplies online is seamless, with detailed product descriptions and images to assist in your selection. Whether you’re a casual crafter or a serious scrapbooker, Little Craft Place has you covered. Unique Journaling Essentials Crafting a unique journaling experience is made easier with the right supplies, and Little Craft Place thrives in providing a variety of journaling fundamentals. You’ll find a curated selection of high-quality journals customized to different writing styles and planning needs. Their exclusive washi tape collection features unique designs that improve your creativity, making your journal visually appealing. Furthermore, the store offers themed embellishments, stickers, and decorative paper to personalize your projects. Shopping for these necessities is convenient, with options for in-store pick-up and exclusive deals that help you stock up without overspending. Plus, if you’re looking for wood craft supplies online, Little Craft Place has you covered, ensuring you have everything you need for your creative endeavors. Scrapbooking Tools and Accessories When you’re looking to improve your scrapbooking projects, the right tools and accessories can make all the difference. Little Craft Place offers a diverse selection of washi tape in various colors and patterns, ideal for adding decorative touches to your scrapbook pages. You’ll also find a range of journal supplies, including notebooks and planners, designed to raise your scrapbooking and journaling experience. With competitive pricing on scrapbooking tools and accessories, you can access quality products without overspending. Moreover, the store frequently updates its inventory with trendy supplies, ensuring you have the latest materials. For more inspiration, explore easy crafting projects on their blog, where you’ll discover helpful ideas for using your scrapbooking tools effectively, including craft tools for wood. CraftDirect.com: Paper Crafts, Scrapbook Supply, and More When you shop at CraftDirect.com, you’ll find an extensive selection of paper crafting supplies, including popular brands and unique items for all your projects. Their competitive pricing makes it easy to stick to your budget during still getting quality materials. Plus, with free shipping on orders over $69, you can conveniently stock up on everything you need without breaking the bank. Extensive Product Selection With a vast inventory of crafting supplies, CraftDirect.com stands out as a premier destination for paper crafts, scrapbook materials, and various embellishments, catering to the diverse needs of creative individuals. You’ll find an extensive selection of craft kits for adults nearby, ranging from intricate scrapbook options to fun DIY projects. The website frequently updates its stock, ensuring you have access to the latest trends and products in the crafting world. This commitment to variety means you can always uncover something new, whether you’re a beginner or an experienced crafter. Plus, with easy navigation and detailed product descriptions, locating the right supplies becomes effortless, enhancing your overall shopping experience at CraftDirect.com. Competitive Pricing Options CraftDirect.com stands out in offering competitive pricing options across a wide array of craft supplies, making it a go-to choice for budget-conscious crafters. You’ll find great deals on woodworking craft supplies, including regular sales and discounts on popular items. For instance, the 20 Plastic Leaf Button Fern Bush is available for just $4.95, enhancing your crafting experience without breaking the bank. Furthermore, free shipping on orders over $69 lets you stock up on necessities while saving on delivery costs. The store frequently updates its inventory with new and seasonal products, ensuring you always have fresh options to choose from. Plus, take advantage of in-store pick-up to access items immediately without incurring shipping fees. Convenient Shipping Services Convenience is a key factor when shopping for craft supplies online, and CraftDirect.com stands out in providing reliable shipping services customized to meet customer needs. They offer free shipping on orders over $69, which is great for bulk purchases of hand craft material. With a vast inventory, including paper crafts and scrapbook supplies, you’ll find everything you need at competitive prices. Their inventory is updated frequently, so you can stay on top of the latest crafting trends. For local customers, in-store pick-up options are available, allowing you to shop online and access your supplies immediately. Mood Designer Fabrics: High-Quality Designer Fabrics Online If you’re searching for high-quality designer fabrics, Mood Designer Fabrics stands out as a top online destination. They offer a vast selection of fabrics from renowned designers, catering to various sewing and crafting needs. Whether you’re working on apparel, cosplay, or home décor projects, you’ll find unique and fashionable materials. The website features user-friendly tools, allowing you to filter by fabric type, color, and designer, making it easy to locate the perfect item. Detailed product descriptions and high-resolution images help you assess texture and quality before purchasing. Moreover, if you’re likewise interested in wood crafts supplies, Mood Designer Fabrics complements your shopping experience with its extensive range of options, ensuring all your crafting needs are met. Purl Soho: Curated Yarn and Knitting Supplies Purl Soho stands out as a premier online destination for knitters and crocheters seeking high-quality yarn and supplies. When you shop craft supplies at Purl Soho, you’ll discover a beautifully curated selection of colors perfect for a range of projects. The store offers a thorough variety of knitting supplies, including tools, patterns, and notions, ensuring you have everything you need in one convenient location. Purl Soho places a strong emphasis on sustainability, sourcing ethically produced and environmentally friendly materials. Furthermore, their website features detailed project guides and tutorials, which are invaluable for both beginners and seasoned crafters. With fast shipping and excellent customer service, it’s no wonder Purl Soho has built a loyal following among crafting enthusiasts. Papersource: Unique Paper Crafting Materials For those looking to expand their crafting repertoire beyond yarn and knitting supplies, Papersource offers an impressive array of unique paper crafting materials. This premier online store specializes in specialty papers and crafting tools, making it an ideal destination for your creative projects. You’ll find a wide selection, including: Exclusive patterned papers Diverse envelopes for all occasions Quality pens and adhesives Seasonal and themed crafting supplies Wood craft materials for added texture Papersource furthermore provides craft kits for beginners and experienced crafters alike, along with workshops that inspire and educate. Whether you’re designing personalized invitations or scrapbook layouts, you’ll discover everything you need to bring your ideas to life in one convenient place. Etsy: Supporting Small Businesses for Unique Craft Supplies Etsy serves as a lively marketplace where you can explore a vast selection of unique and handmade craft supplies from independent creators. By shopping on Etsy, you support local artisans and small business owners, enhancing the creative economy. You’ll find niche crafting supplies, such as hand-dyed fabrics, custom stamps, and specialized jewelry components, which aren’t typically available in traditional retail stores. Each seller showcases their craftsmanship through detailed descriptions and customer reviews, ensuring you make informed choices. Furthermore, Etsy frequently updates its offerings, helping you discover new trends in the crafting world. Some sellers even offer free craft supplies by mail for promotional purposes, providing an excellent opportunity to try new materials without added costs. Frequently Asked Questions What Is the Best Crafting Website? Determining the best crafting website depends on your specific needs. If you’re looking for a wide selection of supplies, Craft Direct is a solid choice because of its variety and reasonable prices. For unique papers and kits, Paper Source stands out. Cricut is ideal for cutting machines and project ideas, whereas Kiwi Co focuses on educational craft kits. Finally, Etsy connects you with independent creators, offering unique handmade materials. Consider these factors before deciding. What Is the Best Online Store for Selling Crafts? When deciding on the best online store for selling crafts, consider platforms like Etsy, Shopify, and Amazon Handmade. Etsy’s vast audience and low startup costs make it ideal for artisans. Shopify offers customizable tools for creating your own store, whereas Amazon Handmade connects you to a large customer base, ensuring your products are recognized. eBay provides flexible selling options, and ArtFire is focused particularly on handmade goods, nurturing a community of artisans. What Is the Most Popular Craft Store? When considering the most popular craft store, Michaels often tops the list because of its vast selection of crafting supplies, seasonal decor, and regular sales events. JoAnn Fabric and Craft Stores likewise holds a strong position, particularly for its extensive fabric range and quilting materials. Hobby Lobby appeals to many with its competitive pricing and unique decor options. Each store offers specific strengths, so your choice may depend on your crafting needs and preferences. Who Owns Craft Warehouse? You’ll find that Craft Warehouse is a family-owned business established in 1979. It’s primarily owned by the founders, who’ve maintained a strong commitment to customer service and community engagement. The company operates multiple stores in the Pacific Northwest and has an extensive online presence, allowing for nationwide shipping. Their diverse product range includes craft supplies and home decor, ensuring they meet various crafting needs as they consistently update their inventory to reflect current trends. Conclusion To sum up, these seven online stores offer a wide variety of craft supplies to meet your needs. Whether you’re looking for wholesale options at CraftOutlet.com, specialty washi tape from Little Craft Place, or unique paper materials from Papersource, each store provides valuable resources. For fabric and yarn enthusiasts, Mood Designer Fabrics and Purl Soho are excellent choices. By exploring these options, you can efficiently source high-quality materials for all your crafting projects. Image via Google Gemini This article, "7 Best Online Stores to Shop Craft Supplies" was first published on Small Business Trends View the full article
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7 Best Online Stores to Shop Craft Supplies
When you’re in need of craft supplies, knowing where to shop can save you time and money. Various online stores cater to different crafting needs, from wholesale options to unique artisan materials. For instance, CraftOutlet.com offers competitive pricing on bulk supplies, whereas Etsy features one-of-a-kind items from independent sellers. Each store has its strengths, making it crucial to understand what they offer. Let’s explore these top options to find the best fit for your crafting projects. Key Takeaways CraftOutlet.com offers a vast selection of wholesale craft supplies with competitive pricing and free shipping on orders over $69. Little Craft Place specializes in washi tape and scrapbooking supplies, with unique journaling necessities and exclusive in-store pick-up options. CraftDirect.com provides extensive paper crafting supplies at budget-friendly prices, with frequent inventory updates and free shipping on orders over $69. Mood Designer Fabrics features high-quality fabrics suitable for various projects, with user-friendly filtering tools for easy selection. Etsy supports small businesses by offering unique, handmade craft supplies, with detailed product descriptions and regular updates on new trends. CraftOutlet.com: Wholesale Craft Supplies to the Public When you’re looking for a reliable source of craft supplies, CraftOutlet.com stands out as a premier option, especially since it offers wholesale products directly to the public. This platform caters to both casual crafters and professional artisans, providing a vast selection of craft supplies for adults. You’ll find competitive pricing across various departments, ensuring you get quality materials at affordable rates. New items are added daily, which keeps your crafting projects fresh and trendy. With an extensive inventory that includes floral supplies, ribbons, and deco mesh, CraftOutlet.com meets diverse crafting needs. Plus, enjoy free shipping on orders over $69, enhancing your shopping experience and making it easier to stock up on all your crucial supplies. Little Craft Place: Washi Tape, Journal & Scrapbooking Supplies At Little Craft Place, you’ll find an extensive selection of washi tape that features various designs and themes, ideal for enhancing your journal and scrapbook projects. The store furthermore offers unique journaling necessities, such as notebooks and stickers, to help personalize your creative endeavors. In addition, scrapbooking enthusiasts can explore a range of tools and accessories, ensuring they’ve everything needed to bring their layouts to life. Extensive Washi Tape Selection Little Craft Place boasts an impressive assortment of washi tape that caters to a variety of crafting needs, making it an essential destination for anyone interested in journaling, scrapbooking, or creative projects. You’ll find an extensive selection of colors, patterns, and widths to match your style. Their inventory is frequently updated, ensuring you can access the latest designs and seasonal options. Feature Details Variety Multiple colors, patterns, and widths Pricing Competitive and affordable options Promotions Exclusive deals to stock up on favorites Shopping for craft supplies online is seamless, with detailed product descriptions and images to assist in your selection. Whether you’re a casual crafter or a serious scrapbooker, Little Craft Place has you covered. Unique Journaling Essentials Crafting a unique journaling experience is made easier with the right supplies, and Little Craft Place thrives in providing a variety of journaling fundamentals. You’ll find a curated selection of high-quality journals customized to different writing styles and planning needs. Their exclusive washi tape collection features unique designs that improve your creativity, making your journal visually appealing. Furthermore, the store offers themed embellishments, stickers, and decorative paper to personalize your projects. Shopping for these necessities is convenient, with options for in-store pick-up and exclusive deals that help you stock up without overspending. Plus, if you’re looking for wood craft supplies online, Little Craft Place has you covered, ensuring you have everything you need for your creative endeavors. Scrapbooking Tools and Accessories When you’re looking to improve your scrapbooking projects, the right tools and accessories can make all the difference. Little Craft Place offers a diverse selection of washi tape in various colors and patterns, ideal for adding decorative touches to your scrapbook pages. You’ll also find a range of journal supplies, including notebooks and planners, designed to raise your scrapbooking and journaling experience. With competitive pricing on scrapbooking tools and accessories, you can access quality products without overspending. Moreover, the store frequently updates its inventory with trendy supplies, ensuring you have the latest materials. For more inspiration, explore easy crafting projects on their blog, where you’ll discover helpful ideas for using your scrapbooking tools effectively, including craft tools for wood. CraftDirect.com: Paper Crafts, Scrapbook Supply, and More When you shop at CraftDirect.com, you’ll find an extensive selection of paper crafting supplies, including popular brands and unique items for all your projects. Their competitive pricing makes it easy to stick to your budget during still getting quality materials. Plus, with free shipping on orders over $69, you can conveniently stock up on everything you need without breaking the bank. Extensive Product Selection With a vast inventory of crafting supplies, CraftDirect.com stands out as a premier destination for paper crafts, scrapbook materials, and various embellishments, catering to the diverse needs of creative individuals. You’ll find an extensive selection of craft kits for adults nearby, ranging from intricate scrapbook options to fun DIY projects. The website frequently updates its stock, ensuring you have access to the latest trends and products in the crafting world. This commitment to variety means you can always uncover something new, whether you’re a beginner or an experienced crafter. Plus, with easy navigation and detailed product descriptions, locating the right supplies becomes effortless, enhancing your overall shopping experience at CraftDirect.com. Competitive Pricing Options CraftDirect.com stands out in offering competitive pricing options across a wide array of craft supplies, making it a go-to choice for budget-conscious crafters. You’ll find great deals on woodworking craft supplies, including regular sales and discounts on popular items. For instance, the 20 Plastic Leaf Button Fern Bush is available for just $4.95, enhancing your crafting experience without breaking the bank. Furthermore, free shipping on orders over $69 lets you stock up on necessities while saving on delivery costs. The store frequently updates its inventory with new and seasonal products, ensuring you always have fresh options to choose from. Plus, take advantage of in-store pick-up to access items immediately without incurring shipping fees. Convenient Shipping Services Convenience is a key factor when shopping for craft supplies online, and CraftDirect.com stands out in providing reliable shipping services customized to meet customer needs. They offer free shipping on orders over $69, which is great for bulk purchases of hand craft material. With a vast inventory, including paper crafts and scrapbook supplies, you’ll find everything you need at competitive prices. Their inventory is updated frequently, so you can stay on top of the latest crafting trends. For local customers, in-store pick-up options are available, allowing you to shop online and access your supplies immediately. Mood Designer Fabrics: High-Quality Designer Fabrics Online If you’re searching for high-quality designer fabrics, Mood Designer Fabrics stands out as a top online destination. They offer a vast selection of fabrics from renowned designers, catering to various sewing and crafting needs. Whether you’re working on apparel, cosplay, or home décor projects, you’ll find unique and fashionable materials. The website features user-friendly tools, allowing you to filter by fabric type, color, and designer, making it easy to locate the perfect item. Detailed product descriptions and high-resolution images help you assess texture and quality before purchasing. Moreover, if you’re likewise interested in wood crafts supplies, Mood Designer Fabrics complements your shopping experience with its extensive range of options, ensuring all your crafting needs are met. Purl Soho: Curated Yarn and Knitting Supplies Purl Soho stands out as a premier online destination for knitters and crocheters seeking high-quality yarn and supplies. When you shop craft supplies at Purl Soho, you’ll discover a beautifully curated selection of colors perfect for a range of projects. The store offers a thorough variety of knitting supplies, including tools, patterns, and notions, ensuring you have everything you need in one convenient location. Purl Soho places a strong emphasis on sustainability, sourcing ethically produced and environmentally friendly materials. Furthermore, their website features detailed project guides and tutorials, which are invaluable for both beginners and seasoned crafters. With fast shipping and excellent customer service, it’s no wonder Purl Soho has built a loyal following among crafting enthusiasts. Papersource: Unique Paper Crafting Materials For those looking to expand their crafting repertoire beyond yarn and knitting supplies, Papersource offers an impressive array of unique paper crafting materials. This premier online store specializes in specialty papers and crafting tools, making it an ideal destination for your creative projects. You’ll find a wide selection, including: Exclusive patterned papers Diverse envelopes for all occasions Quality pens and adhesives Seasonal and themed crafting supplies Wood craft materials for added texture Papersource furthermore provides craft kits for beginners and experienced crafters alike, along with workshops that inspire and educate. Whether you’re designing personalized invitations or scrapbook layouts, you’ll discover everything you need to bring your ideas to life in one convenient place. Etsy: Supporting Small Businesses for Unique Craft Supplies Etsy serves as a lively marketplace where you can explore a vast selection of unique and handmade craft supplies from independent creators. By shopping on Etsy, you support local artisans and small business owners, enhancing the creative economy. You’ll find niche crafting supplies, such as hand-dyed fabrics, custom stamps, and specialized jewelry components, which aren’t typically available in traditional retail stores. Each seller showcases their craftsmanship through detailed descriptions and customer reviews, ensuring you make informed choices. Furthermore, Etsy frequently updates its offerings, helping you discover new trends in the crafting world. Some sellers even offer free craft supplies by mail for promotional purposes, providing an excellent opportunity to try new materials without added costs. Frequently Asked Questions What Is the Best Crafting Website? Determining the best crafting website depends on your specific needs. If you’re looking for a wide selection of supplies, Craft Direct is a solid choice because of its variety and reasonable prices. For unique papers and kits, Paper Source stands out. Cricut is ideal for cutting machines and project ideas, whereas Kiwi Co focuses on educational craft kits. Finally, Etsy connects you with independent creators, offering unique handmade materials. Consider these factors before deciding. What Is the Best Online Store for Selling Crafts? When deciding on the best online store for selling crafts, consider platforms like Etsy, Shopify, and Amazon Handmade. Etsy’s vast audience and low startup costs make it ideal for artisans. Shopify offers customizable tools for creating your own store, whereas Amazon Handmade connects you to a large customer base, ensuring your products are recognized. eBay provides flexible selling options, and ArtFire is focused particularly on handmade goods, nurturing a community of artisans. What Is the Most Popular Craft Store? When considering the most popular craft store, Michaels often tops the list because of its vast selection of crafting supplies, seasonal decor, and regular sales events. JoAnn Fabric and Craft Stores likewise holds a strong position, particularly for its extensive fabric range and quilting materials. Hobby Lobby appeals to many with its competitive pricing and unique decor options. Each store offers specific strengths, so your choice may depend on your crafting needs and preferences. Who Owns Craft Warehouse? You’ll find that Craft Warehouse is a family-owned business established in 1979. It’s primarily owned by the founders, who’ve maintained a strong commitment to customer service and community engagement. The company operates multiple stores in the Pacific Northwest and has an extensive online presence, allowing for nationwide shipping. Their diverse product range includes craft supplies and home decor, ensuring they meet various crafting needs as they consistently update their inventory to reflect current trends. Conclusion To sum up, these seven online stores offer a wide variety of craft supplies to meet your needs. Whether you’re looking for wholesale options at CraftOutlet.com, specialty washi tape from Little Craft Place, or unique paper materials from Papersource, each store provides valuable resources. For fabric and yarn enthusiasts, Mood Designer Fabrics and Purl Soho are excellent choices. By exploring these options, you can efficiently source high-quality materials for all your crafting projects. Image via Google Gemini This article, "7 Best Online Stores to Shop Craft Supplies" was first published on Small Business Trends View the full article
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My Favorite Amazon Deal of the Day: The Sony WH-1000XM5 Headphones
We may earn a commission from links on this page. Deal pricing and availability subject to change after time of publication. Sony's 1000X series have been around since 2016, improving on the previous iteration to eventually land on the Sony WH-1000XM6, the best over-ear headphones for audio quality currently on the market. But not everyone can (or needs to) drop nearly half a grand on headphones. The WH-1000XM5 are a generation older and were the best headphones for audio quality up until this year, when they were succeeded. They're currently $248 (originally $399.99), their lowest price they've ever been during the early Black Friday sale, according to price-tracking tools. To put how good this deal is into perspective, the WH-1000XM4 are $100 more right now. Sony WH-1000XM5 $328.00 at Amazon $399.99 Save $71.99 Get Deal Get Deal $328.00 at Amazon $399.99 Save $71.99 I have been a loyal customer of the 1000X line for many years; they're my go-to headphones for most activities. The WH-1000XM5 came out in May of 2022 to an "outstanding" review from PCMag for their top-notch audio quality, but also for their exceptional audio when using its best-in-class active noise-canceling (most headphones lose their audio quality when using ANC). The headphones are also well-designed to be comfortable for long sessions. The ear controls use tapping and swiping, which aren't my favorite, but it's what all the modern headphones are moving toward. There's an app that comes with the headphones that lets you adjust your EQ settings to your liking, including what the swiping and tapping functions do on your headphones. A great touch on these headphones that is often neglected is a Stereo 3.5mm connection, perfect for those who want to use a wired cable without worrying about battery life. Speaking of battery life, Sony says you can expect about 30 hours, but it will vary depending on your usage of ANC. They are compatible with AAC, LDAC and SBC codecs and have multipoint connection (you can pair them with more than one device at the same time). If you're looking for the best headphones for audio quality with ANC you can buy right now, consider the WH-1000XM5. Our Best Editor-Vetted Early Black Friday Deals Right Now Apple AirPods 4 Wireless Earbuds — $84.98 (List Price $129.00) Apple iPad 11" 128GB A16 WiFi Tablet (Blue, 2025) — $299.99 (List Price $349.00) Shark AV2501AE AI XL Hepa- Safe Self-Emptying Base Robot Vacuum — $294.99 (List Price $649.99) Amazon Fire HD 10 (2023) — $69.99 (List Price $139.99) Sony WH-1000XM5 — $248.00 (List Price $399.99) Blink Outdoor 4 1080p Wireless Security Camera (5-Pack) — $159.99 (List Price $399.99) Ring Floodlight Cam Wired Plus 1080p Security Camera (White) — $99.99 (List Price $179.99) Amazon Fire TV Stick 4K Plus — $24.99 (List Price $49.99) NEW Bose Quiet Comfort Ultra Wireless Noise Cancelling Headphones — $298.00 (List Price $429.00) Deals are selected by our commerce team View the full article
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Ex-Fed Gov. Kugler resigned after violating trading rules
The Department of Government Ethics on Saturday released financial disclosures for former Federal Reserve Gov. Adriana Kugler, showing she had executed several individual stock trades in 2024, including during Fed blackout periods, an apparent violation of Fed ethics rules. The Federal Reserve Inspector General has launched an investigation. View the full article
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Jeff Bezos to co-lead AI startup Project Prometheus, raising $6.2 billion
Jeff Bezos will serve as co-chief executive officer of a new artificial intelligence startup that focuses on AI for engineering and manufacturing of computers, automobiles, and spacecraft, the New York Times reported on Monday. The company, called Project Prometheus, has garnered $6.2 billion in funding, partly from the Amazon founder, making it one of the most well-financed early-stage startups in the world, the report said, citing three people familiar with the company. This is the first time Bezos has taken a formal operational role in a company since he stepped down as the CEO of Amazon in July 2021. Though he is involved in Blue Origin, his official title at the space firm is founder. With the new startup, Bezos is entering a crowded AI market with several smaller firms attempting to break through with new software and products while in a race with industry mainstays such as the Microsoft-backed OpenAI, Meta, and Google. Reuters could not independently verify the report. Bezos and a representative did not immediately respond to a Reuters request for comment. Bezos’ co-chief executive is Vik Bajaj, a physicist and chemist who worked closely with Google’s co-founder Sergey Brin at Google’s X, a research effort often called “The Moonshot Factory,” the report said. Project Prometheus has already hired nearly 100 employees, including researchers from top AI firms such as OpenAI, DeepMind, and Meta, according to the Times. —Zaheer Kachwala, Reuters View the full article
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Bid Management in Construction: A Quick Guide
Bid management is a vital part of the construction industry, helping contractors and project owners manage competitive bidding and secure profitable projects. An effective bid management process ensures that proposals are accurate, competitive and compliant with client requirements. From tracking bid documents to submitting estimates, a structured system allows construction firms to reduce risk and improve win rates. Whether you’re managing subcontractor quotes or responding to RFPs, strong bid management practices can save time and enhance profitability. Understanding how to streamline the bid process and adopt modern bid management tools can give your company an edge in a highly competitive market. What Is Bid Management? Bid management is the process of organizing, preparing and submitting proposals for construction projects. It involves gathering project requirements, estimating costs, managing documentation and coordinating input from subcontractors and suppliers. The goal is to deliver accurate and compelling bids that align with client expectations and deadlines. Efficient bid management ensures consistent communication and reduces the likelihood of costly errors during preconstruction. Using project management software to support bid management simplifies collaboration and document control. It allows teams to centralize bid data, manage schedules and track revisions in real time. Automated alerts help teams meet submission deadlines and maintain compliance with bid specifications, improving coordination across departments. ProjectManager is the best construction project management software for managing bids efficiently. It provides multiple project views, including Gantt charts that link dependencies, filter for the critical path and set a baseline to track progress in real time once a bid becomes a project. There’s also detailed cost tracking and workflow automation to streamline the entire bid management process. Get started with ProjectManager today for free. /wp-content/uploads/2022/07/construction-gantt-resources-costs-150-CTA-BUTTON-1.jpgLearn more Why Is Bid Management Important for Construction Companies? Bid management is important for construction companies because it improves accuracy, reduces risk and supports stronger decision-making during the preconstruction phase. When teams follow a structured bid management process, they can evaluate requirements carefully, prepare realistic cost estimates and compare subcontractor quotes with greater confidence. This leads to more competitive proposals and higher win rates. Good bid management also reduces delays, improves coordination across departments and helps companies protect profit margins on every potential project. What Is a Bid Manager? A bid manager is the person responsible for coordinating, preparing and delivering construction project proposals. This role oversees the entire bid management process, ensuring that each bid meets client requirements, reflects accurate pricing and aligns with company goals. A bid manager helps teams stay organized and ensures that bids are submitted on time. What Does a Bid Manager Do? A bid manager reviews project requirements, collects input from estimators, engineers and subcontractors and organizes all documentation needed for a complete proposal. This role evaluates risks, verifies compliance with bid specifications and prepares the final submission package. A bid manager also manages timelines, tracks revisions and communicates updates to internal teams and external partners. Their work ensures that every proposal is accurate, competitive and delivered before the deadline. /wp-content/uploads/2025/01/2025-construction-ebook-banner-ad.jpg Bid Management Process The bid management process helps construction companies evaluate, plan and submit competitive proposals efficiently. Each stage builds on the previous one to ensure all opportunities are properly reviewed, qualified and executed. A structured process saves time, minimizes risk and improves win rates by ensuring every proposal is complete, compliant and aligned with project goals and client expectations. 1. Opportunity Identification The first step in the bid management process is identifying potential projects that align with the company’s expertise and capacity. Construction teams monitor tender portals, client databases and industry networks to find opportunities that match their service offerings. Effective opportunity identification allows companies to focus their resources on realistic bids that can be delivered within time, budget and capability limits. 2. Bid/No-Bid Decision Once an opportunity is found, the bid/no-bid decision determines whether it’s worth pursuing. Teams evaluate project scope, competition level, profitability and resource availability before committing. This step prevents wasted effort on unviable bids and helps prioritize high-value projects. A well-structured decision process allows managers to focus on opportunities that fit the company’s strategy and offer the strongest chance of success. 3. Bid Planning and Strategy Development During bid planning and strategy development, the team outlines objectives, defines roles and sets timelines for the submission. The bid manager coordinates with estimating, procurement and design teams to create a clear plan of action. Strategic planning ensures that pricing, resources and deliverables align with client needs and that the proposal presents a clear competitive advantage. Related: 20 Free Excel Construction Templates 4. Proposal Preparation and Submission In the proposal preparation and submission phase, all gathered information is compiled into a complete, accurate bid document. This includes cost estimates, schedules, qualifications and compliance statements. The bid manager reviews the proposal for accuracy and consistency before submitting it by the client’s deadline. Timely, well-organized submissions demonstrate professionalism and increase the chances of securing the contract. 5. Evaluation and Negotiation After submission, the bid management process moves to evaluation and negotiation. Clients review all proposals, comparing costs, schedules and technical solutions. The bid manager engages in clarifications and negotiations to address client concerns and strengthen the company’s position. Effective negotiation focuses on balancing client expectations with profitability, ensuring terms are fair and achievable while maintaining a professional relationship that supports future opportunities. /wp-content/uploads/2023/06/construction-schedule-template.jpg Get your free Construction Schedule Template Use this free Construction Schedule Template to manage your projects better. Get the Template 6. Contract Award and Handover Once negotiations conclude, the client awards the contract to the winning bidder. The bid manager oversees the handover to the project delivery team, ensuring all relevant documents, pricing details and schedules are transferred accurately. This step guarantees a smooth transition from bidding to execution, minimizing misunderstandings and preserving the project intent established during the proposal phase. 7. Post-Bid Review and Lessons Learned The final stage of the bid management process involves a post-bid review to evaluate performance and identify areas for improvement. Whether the bid is won or lost, the team analyzes strategy, pricing and communication effectiveness. Lessons learned are documented to enhance future bids, improve efficiency and strengthen competitiveness in future tendering opportunities. Related: 10 Best Construction Project Management Software Bid Management Tools Bid management tools help construction companies organize proposals, track deadlines and collaborate efficiently. They reduce manual work and errors by centralizing data and automating routine tasks. Using the right bid management platform streamlines communication between departments, improves response times and increases the chances of winning competitive bids through consistent, accurate submissions. Bid Management Platforms Bid management platforms are designed to manage the entire bidding lifecycle from opportunity tracking to submission. These tools centralize information, assign tasks and monitor progress to ensure every requirement is met. They also store historical data for better forecasting. With real-time collaboration, bid managers can streamline workflows and maintain visibility over multiple bids simultaneously. /wp-content/uploads/2024/05/collaboration-hero-600x460.pngLearn more Customer Relationship Management (CRM) Systems CRM systems support bid management by maintaining strong relationships with clients, partners and subcontractors. They track communications, past projects and contact details, providing valuable context for future bids. Integrating CRM tools into the bid management process improves coordination, ensures timely follow-ups and strengthens client engagement throughout the bidding and negotiation phases. Proposal and Document Management Software Proposal and document management software simplifies creating, editing and storing bid materials. These tools help teams collaborate on technical documents, pricing sheets and compliance forms in a structured way. Version control and secure access prevent data loss and confusion. By automating document workflows, bid managers can focus on strategy and quality instead of paperwork. Free Related Construction Bid Management Templates To simplify the bid management process, using pre-built templates can save time and ensure consistency. These templates provide structured formats for proposals, quotes and requests for proposals, helping construction companies present information clearly and professionally. Each template is customizable to match project requirements and client expectations, making it easier for bid managers to focus on strategy rather than formatting. Bid Proposal Template Download this free bid proposal template to streamline the creation of professional bid proposals by providing a clear structure for project scope, cost breakdown, timelines and deliverables. Construction Quote Template Use this free construction quote template to quickly generate accurate cost estimates for materials, labor and overhead, ensuring consistency and clarity when submitting bids to clients. Request for Proposal Template This free template provides a standardized format to solicit bids from subcontractors or vendors, making it easier to compare proposals and select the best option. ProjectManager Is Ideal for Construction Projects Managing construction projects involves juggling multiple tasks, tight deadlines and complex budgets. ProjectManager simplifies this by providing a central platform where project managers, contractors and stakeholders can collaborate in real time. Our online system ensures everyone has access to the latest project data, reducing miscommunication and keeping projects on schedule. With customizable dashboards and AI-powered reporting tools, teams can quickly see progress, identify risks and make informed decisions to maintain project efficiency. Streamline Resource Management ProjectManager allows construction teams to assign resources, track availability and allocate labor and equipment efficiently. With workload charts and the team page visualizing workloads and scheduling materials, managers can prevent bottlenecks and avoid over-allocation. Real-time updates and alerts help teams adjust quickly to changes on-site, ensuring projects stay on budget and on time. This level of resource control improves overall project productivity and reduces costly delays, making the platform an essential tool for construction management. /wp-content/uploads/2023/01/Team-Light-2554x1372-1.png Track Progress and Performance With ProjectManager, teams can monitor project milestones, task completion and budget adherence through dashboards and automated reports. AI Project Insights offers curated recommendations, helping spot potential delays, cost overruns and resource inefficiencies. Timesheets, workload charts and team pages allow managers to track individual and team performance while keeping stakeholders informed. These comprehensive tracking features enable proactive problem-solving, ensuring construction projects are delivered successfully and meet client expectations. /wp-content/uploads/2025/10/AI-Insights-Light-Mode-Dashboard-GPT5.png Related Construction Bid Management Content Bid management in construction is critical to delivering successful projects. For readers who want to learn more about this process, check out the links below. There are articles on how to write a bid proposal, bidding basics and much more. How to Write a Bid Proposal (Templates Included) 16 Bid Proposal Templates for Word and Excel Construction Bidding Basics: Mastering Construction Bids Contract Bidding Process: A Quick Guide ProjectManager is online project and portfolio management software that connects teams, whether they’re in the office or on the job site. Teams can share files, comment at the task level and stay updated with email and in-app notifications. Get started with ProjectManager today for free. The post Bid Management in Construction: A Quick Guide appeared first on ProjectManager. View the full article
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Meet the 2026 Rhodes scholars tackling the world’s biggest problems
Five students at U.S. military academies and three each from Yale University, Harvard University, and the Massachusetts Institute of Technology are among the 32 American winners named Sunday as 2026 Rhodes scholars. The group includes students focused on housing, health outcomes, sustainability, and prison reentry programs. They include: Alice L. Hall of Philadelphia, a varsity basketball player at MIT who also serves as student body president. Hall, who has collaborated with a women’s collective in Ghana on sustainability tools, plans to study engineering. Sydney E. Barta of Arlington, Virginia, a Paralympian and member of the track team at Stanford University, who studies bioengineering and sings in the Stanford acapella group “Counterpoint.” Barta plans to study musculoskeletal sciences. Anirvin Puttur of Gilbert, Arizona, is a senior at the U.S. Air Force Academy who serves as an instructor pilot and flight commander. Puttur, who is studying aeronautical engineering and applied mathematics, also has a deep interest in linguistics and is proficient in four languages. The students will attend the University of Oxford as part of the Rhodes scholar program, which awards more than 100 scholarships worldwide each year for students to pursue two to three years of graduate studies. Named after British imperialist and benefactor Cecil John Rhodes, the scholarship was established at Oxford in 1903. The program has more than 8,000 alumni, many of whom have pursued careers in government, education, the arts, and social justice. View the full article
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Moody’s home price forecast for more than 300 housing markets through 2035
Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. When I recently reached out to Moody’s Analytics chief economist Mark Zandi for his updated home price forecast, he said his long-term outlook for the U.S. housing market remains largely unchanged: he expects a prolonged period of stagnation as affordability gradually improves. Following the historic run-up in prices during the Pandemic Housing Boom and the subsequent mortgage rate shock, Zandi believes resale activity/existing home sales will likely stay frozen for several more years. “Affordability has to be restored for housing to regain its mojo,” Zandi told ResiClub. “Flat home prices [adjusted for inflation] is the healthiest path forward—it’s the only way for incomes to catch up.” Zandi expects nominal national home prices to move sideways over the next 12 to 24 months, with local variation: markets in the South and West, where building has been stronger, seeing some modest declines, while tight-inventory markets in the Northeast and Midwest remain more stable. “The worst of the pain in the housing market might be now and in the next six to nine months. After that, things will begin to feel a little better—but not good,” Zandi said. “The housing market will heal . . . but it’s going to take time—and a lot of patience.” Over the next decade, Zandi projects U.S. home prices will rise roughly in line with inflation, meaning no “real” [adjusted for inflation] house price gains for around 10 years. While Zandi’s team at Moody’s Analytics expects U.S. home prices not to rise on a “real” (i.e., inflation-adjusted) basis, the firm is forecasting that nominal U.S. home prices will increase +23.5% between December 2025 and December 2035. (Note: Real home prices are adjusted for inflation, and nominal home prices are not adjusted for inflation. All the charts below are forecasts for nominal home prices.) In the chart above, you can see where Moody’s latest forecasts would take U.S. home prices by the end of 2035—and in the chart below, how the forecasted annual gains compare to the historical performance of the asset class. Moody’s forecast for annual home price changes: 2026 —> +0.48% 2027 —> +1.35% 2028 —> +2.39% 2029 —> +2.78% 2030 —> +2.86% 2031 —> +2.71% 2032 —> +2.44% 2033 —> +2.18% 2034 —> +2.05% 2035 —> +2.08% Outside of affordability—the primary headwind Zandi believes is restraining “real” home prices and the broader housing market—he also highlighted additional challenges: a restrictive immigration environment that could limit the future construction labor force, particularly in the South and West, and elevated long-term Treasury yields connected to long-term fiscal risks. He said the latter could keep mortgage rates closer to 6.0% than 5.5%—which had been his previous long-term outlook for the average 30-year fixed mortgage rate—for the foreseeable future. How does Moody’s forecast vary by market? Check out the interactive below. Financial forecasts looking out even one year often struggle to get it right—let alone those stretching out a full decade. So with any forecast like this, it’s best to approach it with some skepticism, or at least avoid treating it as a certain destiny. Whether or not the exact numbers play out, Moody’s broader message is clear: The firm doesn’t expect a 2008-style housing crash or another explosive housing boom in the coming years. Instead, it anticipates the housing market will continue to gradually recalibrate following the historic Pandemic Housing Boom. View the full article