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CNBC
an hour ago
- Business
- CNBC
41-year-old American moved to Paris, pays $2,540/mo to rent her 2-bedroom apartment—take a look inside
In 2017, Adriel Sanders, 41, and her two brothers went to Paris for the first time. That trip changed everything for her. "It instantly clicked. I was like, 'This is your home. This is where you're supposed to be in the world and this is where you will always be," Sanders tells CNBC Make It. "I knew I had to move to Paris." Back in the States, Sanders worked as a general counsel for a publicly traded company in Washington D.C., but didn't enjoy it. She was earning $286,656 a year and lived in a studio apartment where she paid approximately $3,000 a month in rent, according to documents reviewed by CNBC Make It. "What stereotypically happens to most Black women when they work in corporate America is the type of things I experienced my whole career. You're constantly hitting up against this glass ceiling," Sanders says. "I was deeply and truly miserable at the very depths of my little heart and little soul. I knew that it was not sustainable." After that initial visit with her brothers, Sanders traveled back to Paris several times and decided in 2019 that she would make the move across the Atlantic. At the beginning of 2020, Sanders quit her job, gave her landlord notice, and started the process of obtaining a French visa. She contacted Adrian Leeds from HGTV's "House Hunters International" to help her find an apartment and flew to France for a few days while a moving company packed up her belongings and prepared to ship it all overseas. Sanders landed in Paris the day before France closed its borders due to the covid-19 pandemic. "The slowness of the world meant that France sped up. We were all operating from the same level of confusion, so the good thing is that I was confused by what was happening, but so was everyone else," Sanders says. "I arrived the day before the lockdown, so there was no one and it was a complete dystopia." After staying in a few short-term rentals, Sanders signed a lease for a one-bedroom apartment that cost 1,550 euros, or $1,815 USD, where she lived for two years. Three months before the lease on that apartment was up, Sanders started searching for a new place on Seloger, an online platform for renting and buying apartments and houses. She found the two-bedroom, one bathroom apartment she lives in now just two days before she was supposed to vacate her other space. The rent was 1,980 euros or $2,319 when she first moved in. It has since increased to $2,540 USD. Sanders lives in what they call an "unfurnished apartment" in Paris, which means she had to purchase her own kitchen cabinets, stove, and washing machine. She estimates that she spent about $5,000 on the kitchen and close to another $10,000 to make the place really feel like home. "Could I have done it cheaper, 100% but my view is that I don't know when I will leave so I want to have things the way I want them," she says. Now that Sanders has been living in her apartment for over three years, she plans to revisit her search for an apartment to buy. She started looking two years ago, but stopped after touring many places that she felt were overpriced. "With the advice of friends who have recently purchased in Paris, I am determined again. Finding the right place will be a grind, but I am tired of renting in Paris," Sanders says. I desperately need more space and I want to get a dog." While Sanders wants to set down roots in Paris, she also hopes to eventually buy a home in the countryside too. "I don't think it would be nice to put a dog like a golden retriever in central Paris, where he doesn't have a backyard, so that is my dream," she says. When Sanders first arrived in Paris, she did some consulting as a lawyer but has since decided to bet on herself and focus on creating her fashion brand, Adriel Felise, and becoming a full-time content creator. Sanders is self-funding the production of her initial samples and prototypes, but hopes to raise at least $2 million and have her 10-piece clothing collection ready for launch in 2026. Sanders has been in France for about five years now and says she doesn't think she'll ever go back to live in the United States. "I can't live there. I can't function like that. I can't go back to corporate America and holding my tongue every five seconds every day," she says. "I wish I had had the courage to move sooner. I wish I had the courage to do it after my first semester of law school to either drop out or enroll in business school and do something different that would have given me more options."
Deccan Herald
3 hours ago
- Sport
- Deccan Herald
Divya arrives to grand reception
Grandmaster Divya Deshmukh arrived in Nagpur on Wednesday to a reception befitting a champion, with the young achiever saying she was overwhelmed by the affection shown by people who came to greet her at the airport. Divya, 19, arrived from Batumi, Georgia, where she defeated Indian stalwart Koneru Humpy in the Women's World Cup title showdown, clinching the biggest title of her fledgling career. She overcame the 38-year-old Humpy in the tie-breaker after two classical games ended in draws. Divya had entered the tournament as an underdog aiming to achieve a GM norm but returned home with the Grandmaster title, besides securing a spot in the Candidates and becoming richer by USD 50,000. 'I am feeling very happy that so many people have come to felicitate me, and chess is getting the recognition,' said Divya, who flew from Batumi to Mumbai and then took a flight to her hometown Nagpur, accompanied by her mother. Divya received a grand reception in Nagpur, with her relatives and fans arriving much in advance to receive her. 'My parents have played the biggest role in my career. Without them I would not have reached here. Credit to my family, my parents, my sister, and my first coach, Rahul Joshi sir. He always wanted me to become the Grandmaster, and this is for him,' said Divya, about Joshi, who passed away in 2020 at just 40 years of age. 'My mother and father had a bigger role to play but definitely my whole family, my sister Arya Deshmukh, my grandmother, grandfather... I don't think whatever I will say will be enough (for my parents).' Divya also reserved special praise for GM Abhijit Kunte, saying he was lucky for her.
Reuters
3 hours ago
- Business
- Reuters
Dollar set for first monthly gain of 2025 as trade deals ease uncertainty
NEW YORK/LONDON, July 31 (Reuters) - The U.S. dollar was headed for its first monthly gain for 2025 against major currencies on Thursday, underpinned by easing trade tensions and U.S. economic resilience. The dollar rose against the yen , trading at its highest level since May 28. It is on track to gain about 5% for July, making it the biggest monthly increase since December 2024. It was last up 0.83% at 150.765. In a widely expected move, the Bank of Japan on Thursday kept short-term interest rates steady at 0.5% by a unanimous vote, but revised up its inflation forecasts for the next few years. That came after the Federal Reserve left U.S. interest rates unchanged on Wednesday, ignoring persistent calls by President Donald Trump to lower borrowing costs. Fed Chair Jerome Powell also indicated he was in no rush to cut rates. The greenback has been bolstered by a hawkish Fed and U.S. economic resilience, with uncertainty over Trump's chaotic tariffs easing after an array of trade deals. The dollar index was up 0.16% at 99.949 after rising nearly 1% in the previous session. It is on track for the first monthly gain in 2025. "There's been a clash and a friction between what the Fed is seeing and deciding to do, and what the White House and perhaps a lot of people in the equity market want the Fed to do," said Juan Perez, director of trading of Monex USA in Washington. "If we had left the hawkish tone, the hawkish stance, and the hawkish press conference altogether, it makes sense to see the U.S. dollar rise - which it did. But today, because of the friction between the Fed and the White House, the dollar is once again hitting the brakes," Perez added. Data showed that the number of Americans filing new applications for unemployment benefits increased just marginally last week, suggesting that the U.S. labor market remained stable. The euro has been one of the biggest casualties of the dollar's ascent this month, as investors have rushed to unwind bets laid on earlier this year on the premise that the European market may offer better opportunities. The euro was last up 0.19% at $1.1426, having hit a seven-week low on Wednesday. Still, it remained on track to lose nearly 3% this month. "I think there was too much optimism in the price of the euro. And I think that's come back this week. There's been a lot of commentary about how the EU conceded to the U.S. on this trade deal and that's been a dose of reality for the Europeans," Rabobank strategist Jane Foley said. The dollar weakened 0.31% against the Swiss franc to 0.812 franc but it is on track to gain 2.36% for the month. The European Union's agreement on Sunday to 15% tariffs on U.S. exports has cleared up a lot of uncertainty. BOJ Governor Kazuo Ueda also said the U.S.-Japan trade deal reduced uncertainty on the outlook and heightened the likelihood of Japan durably hitting the BOJ's 2% inflation target - a prerequisite for further rate hikes. New U.S. trade deals included one with South Korea, which Trump said on Wednesday would pay a 15% tariff on U.S. imports. That was lower than a threatened 25% and the Korean won strengthened on the news and last stood at 1,395.21 per dollar. Trump on Wednesday also slapped a 50% tariff on most Brazilian goods and said the United States is still negotiating with India. But he gave Mexico a 90-day reprieve ahead of his Friday deal deadline. "We do however continue to expect that the tariff rates now being announced and codified will ultimately prove to be more dollar negative, even if some of the bilateral announcements (particularly on the EU) likely catalysed the striking dollar rebound so far this week," Goldman Sachs analysts led by Stuart Jenkins wrote in an investor note.
Time of India
3 hours ago
- Politics
- Time of India
Parents not involved, claims woman in caste killing case
1 2 Madurai: S Subashini, the woman who was reportedly in a relationship with Kavin, the 27-year-old dalit software engineer murdered in Palayamkottai on July 27, has denied her parents' involvement in the incident. She said she planned to inform her parents about their love affair after some time. In a video that went viral on social media on Thursday, Subashini said Kavin asked for six months' time to reveal the relationship. "We were in true love. Since we wanted some time to settle down, we didn't say much about our relationship to my parents. On May 30, Surjith, my brother, informed my father about my relationship with Kavin. But when my father asked, I didn't disclose anything as Kavin asked me for time," she said. She said Surjith called Kavin and asked him to visit their house to talk about marriage. "I told Kavin to come to the hospital (where she was working as a siddha doctor) only on July 28 as I was planning to admit Kavin's grandfather. I didn't expect him to arrive in Tirunelveli on July 27. I was at the hospital with Kavin's mother and uncle explaining the medical procedure for his grandfather. When we realised he was missing, I tried to call him as his mother wanted to get food, but before that, the incident (murder) happened," she said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like How to Trade ETH/USD Without Holding Ether IC Markets Learn More Undo Even though Surjith's father, Saravanan, was arrested on Wednesday night, Kavin's family refused to receive his body, demanding the arrest of Surjith's mother. Police are continuing efforts to convince Kavin's parents to receive the body. A day after the case was transferred to CBCID, officials have begun their investigation. On Thursday, Tuticorin MP Kanimozhi and BJP state president Nainar Nagenthran visited the grieving family and extended their support. Participating in a protest in Tirunelveli, VCK chief Thol Thirumavalavan alleged that the murder appeared planned and suspected the hand of hired mercenaries. He sought the arrest of Surjith's mother. While demanding compensation for Kavin's family, he called for special legislation against caste killings saying they happen not just between SC and BC castes but even within BCs. Puthiya Tamilagam founder president K Krishnasamy's son, Shyam Krishnasamy, also organised a protest in Tirunelveli, demanding justice for Kavin. Ambedkar Makkal Iyakkam leader Ilamurugu Muthu urged the govt to enact a separate legislation to prevent caste killings.
Canada News.Net
4 hours ago
- Business
- Canada News.Net
U.S. stocks stack up losses as world markets edge lower
NEW YORK, New York - U.S. and global stocks weakened on Thursday, led by declines in the tech sector. "These market reactions—despite strong earnings, capex, and buyback activity —are becoming increasingly difficult to justify," Joseph Cusick, senior vice president and portfolio manager at Calamos Investments told CNBC Thursday. "At the same time, downside moves have been relatively contained." U.S. Markets Decline The Standard and Poor's 500 (^GSPC) slipped 0.37 percent, closing at 6,339.39, down 23.51 points in a broad retreat. The Dow Jones Industrial Average (^DJI) saw steeper losses, falling 330.30 points, or 0.74 percent, to settle at 44,130.98. Meanwhile, the tech-heavy Nasdaq Composite (^IXIC) narrowly avoided a flat close, dipping just 0.03 percent to 21,122.45 after a late-session rebound softened earlier declines. Dollar Strengthens Against Major Currencies Amid Shifting Market Sentiment The U.S. dollar showed broad strength in Thursday's foreign exchange session, gaining ground against the euro, yen, and commodity-linked currencies while retreating slightly against the Swiss franc and British pound. Key Moves EUR/USD edged down 0.09 percent to 1.1413. USD/JPY surged 0.85 percent to 150.75. USD/CAD rose 0.19 percent to 1.3853 The GBP/USD fell 0.21 percent to 1.3206 amid soft UK retail data, while the USD/CHF dropped 0.32 percent to 0.8121 as the franc capitalized on safe-haven flows. Commodity Currencies Struggle AUD/USD dipped 0.09 percent to 0.6427 NZD/USD slipped 0.05 percent to 0.5891 Global Stock Markets Close Weaker Thursday; European, Asian and Pacific Indices Lead Declines Global stock markets mostly closed lower on Thursday, with European indices leading losses while few markets showed resilience. Canada's TSX Drops Canada's S&P/TSX Composite (^GSPTSE) fell 0.40 percent, shedding 110.18 points to end at 27,259.78 as energy and financial stocks weighed on the index. European Markets The FTSE 100 (^FTSE) edged slightly lower, closing at 9,132.81, down 4.13 points or 0.05 percent. Meanwhile, Germany's DAX (^GDAXI) fell sharply by 196.75 points, or 0.81 percent, to 24,065.47. In France' the CAC 40 (^FCHI) dropped 1.14 percent, losing 89.99 points to end at 7,771.97. The broader EURO STOXX 50 (^STOXX50E) declined 1.36 percent, shedding 73.26 points to 5,319.92, while the Euronext 100 (^N100) slid 1.23 percent to 1,582.17. Belgium's BEL 20 (^BFX) was a rare gainer, rising 0.45 percent to 4,636.12. Asian and Pacific Markets In Asia, Hong Kong's Hang Seng Index (^HSI) tumbled 1.60 percent, losing 403.60 points to close at 24,773.33. Singapore's STI Index (^STI) fell 1.08 percent to 4,173.77, while Australia's S&P/ASX 200 (^AXJO) dipped 0.16 percent to 8,742.80. The broader All Ordinaries (^AORD) slipped 0.18 percent to 8,999.00. China's Shanghai Composite ( fell 1.18 percent to 3,573.21, while Japan's Nikkei 225 (^N225) outperformed, climbing 1.02 percent to 41,069.82. India's S&P BSE Sensex (^BSESN) declined 0.36 percent to 81,185.58, and Indonesia's IDX Composite (^JKSE) dropped 0.87 percent to 7,484.34. Malaysia's KLSE (^KLSE) fell 0.74 percent to 1,513.25, while New Zealand's NZX 50 (^NZ50) edged down 0.25 percent to 12,823.74. South Korea's KOSPI (^KS11) dipped 0.28 percent to 3,245.44, but Taiwan's TWSE (^TWII) bucked the trend, rising 0.34 percent to 23,542.52. Middle East & Africa Israel's TA-125 (^ slipped 0.21 percent to 3,080.29, while Egypt's EGX 30 (^CASE30) surged 1.00 percent to 34,198.00.
