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No One Warned Millennials That Being Single Could Be So Expensive. It’s Becoming One Of The ‘Biggest Financial Barriers No One Talks About’

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It turns out, being single in your 30s and 40s isn’t just emotionally isolating for some—it’s financially punishing, too.

A recent Reddit post in r/Millennials sparked a wide-ranging discussion, with many users pointing out that the economic system just isn’t built for individuals.

“I can’t buy food in bulk because on average it would spoil before I could get through it,” the original poster wrote. “So buying smaller portions is not cheaper but somehow more expensive in the end.”

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Many agreed that groceries were only a fraction of the problem. “I’m less concerned about bulk food shopping and more about paying an entire mortgage on my own,” one person replied. “Spinach going bad before I eat it all is not the thing killing my budget.”

As one person explained, their mortgage would have been one-third the cost of their current rent—if only their original plans hadn’t fallen through due to family circumstances. Others noted that being able to split rent and bills would completely change their financial standing.

The conversation quickly expanded to cover a wide range of financial stressors faced by single people: rent, mortgage, home repairs, car maintenance and the inability to split costs.

“It’s super painful to pay alone. My life would be lavish if I could halve my expenses,” one commenter said.

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Several people pointed out that even having a roommate isn’t always a good fix. “For me, the peace of not having to deal with another person is worth not having that extra $1,000 a month,” one wrote. Another added, “Having a roommate can unfortunately be a case of financial Russian Roulette.”

Others admitted that the risks and emotional drain of living with strangers just aren’t worth the savings: “I am an introvert. I’ve had roommates I adored, but even just existing in the same space as another person is exhausting,” one person shared. “Home should be my sanctuary.”

The bulk of responses echoed the idea that the current economic model is more suitable for couples. “Society was not designed for single people and it’s not sustainable long term,” one commenter wrote. Others pushed back, saying it can be done—but only with a high income or extreme discipline.

Last hours to save on your TC All Stage pass

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It’s now or never — this is your final day to lock in savings for TechCrunch All Stage, happening July 15 in Boston. Prices increase tonight, June 22, at 11:59 p.m. PT. If you’ve been thinking about attending, now’s the time to commit. Register here.

TC All Stage brings together founders, investors, and operators from across the startup landscape for one high-intensity day of strategy, storytelling, and startup momentum. Whether you’re building something new or backing what’s next, this is the room to be in.

TechCrunch All Stage last day

It’s not just what you’ll hear — it’s who you’ll meet

At TC All Stage, sessions are designed for action, not applause. You’ll get a firsthand look at what it takes to fundraise, scale, and lead in today’s market. Expect candid takes, real feedback, and tactical insight you can put to work immediately.

Some of the voices shaping the day include:

And beyond the sessions? You’ll connect at roundtables, pitch competitions, and Side Events hosted across Boston — the kind of after-hours meetups where ideas and deals take root.

This is your last chance to save. Join us at TC All Stage and spend a day surrounded by people pushing tech forward. Secure your pass before midnight and save up to $210.

TechCrunch Early Stage 2024 audience
TechCrunch Early Stage 2024 at SoWa Power Station. Breakout session audience.Image Credits:Halo Creative
TechCrunch Early Stage 2024 Fidelity exhibit
Fidelity Investments exhibiting at TechCrunch Early Stage 2024 at SoWa Power Station in Boston.Image Credits:Halo Creative

Sources – Suns trading Kevin Durant to Rockets in blockbuster deal

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The Phoenix Suns have agreed on a blockbuster trade, sending 15-time NBA All-Star Kevin Durant to the Houston Rockets for Jalen Green, Dillon Brooks, the No. 10 pick in this year’s draft and five second-round picks, sources told ESPN on Sunday.

The trade can be formally completed when the new league year begins July 6.

Durant was on stage Sunday at Fanatics Fest at the Javits Center in New York when news of the trade agreement broke, with fans surprised by the announcement.

“We’re gonna see, man,” a smiling Durant said when the announcement was made. “We’re gonna see.”

In addition to getting two starters from the No. 2 seed in the Western Conference and the 2025 first-round pick, the five second-round picks headed to the Suns are the No. 59 selection in this year’s draft, two in 2026, one in 2030 (from Boston) and one in 2032, sources told ESPN’s Bobby Marks.

Durant’s addition elevates the Rockets’ positioning for championship contention in the Western Conference, as he joins 2025 All-Star Alperen Sengun, rising two-way force Amen Thompson and veteran guard Fred VanVleet. Houston won 52 games under coach Ime Udoka this season.

The deal also puts Durant with one of his three preferred landing spots; the Miami Heat and San Antonio Spurs were the other two.

Durant and Udoka have a strong relationship dating back to shared stints with the Brooklyn Nets and USA Basketball. Last week, Udoka agreed to a long-term contract extension with the Rockets that makes him one of the highest-paid coaches in the league.

Durant, who turns 37 in September, averaged 26.6 points, 6.0 rebounds and 4.2 assists in 62 games this season. The future Hall of Famer has averaged at least 25 points, 50% field goal shooting and 40% on 3-pointers in three straight seasons, the longest streak ever in the NBA, according to ESPN Research.

Durant gives the Rockets a premier jump shooter and shot creator who fits seamlessly into the lineup. He shot an NBA-best 49.7% on jumpers and 53.1% on midrange shots. He also had the best shooting percentage on off-the-dribble jumpers (50.9%), according to GeniusIQ.

The Rockets ranked just 27th in effective field goal percentage on off-the-dribble jumpers and 24th in effective field goal percentage on all jumpers, according to GeniusIQ. The Rockets also ranked seventh in isolations per game this season but ranked just 27th in points per direct isolation.

By contrast, Durant is a potent shooter and still one of the best iso players in the league: He led the NBA in points per direct isolation among players to run 200 isolations this season, according to ESPN Research.

After news of the trade agreement, Houston’s odds to win the NBA title next season moved from 18-1 to +850 at ESPN BET. That’s the second-best odds behind only the Oklahoma City Thunder (+220). The Suns’ odds, meanwhile, fell from 100-1 to 300-1 at ESPN BET.

The Suns engaged in serious talks to move Durant this week, primarily focused on the Heat, Rockets and Minnesota Timberwolves, sources said. Several other wild-card suitors emerged as well — including the Toronto Raptors, Cleveland Cavaliers, LA Clippers and Denver Nuggets, sources said. But with Durant on an expiring, $54.7 million contract and eligible for a new two-year extension after the trade, the league’s market for him clearly showed his ability to dictate whether he wanted to play for a franchise long term.

The Suns’ trade conversations focused on the Rockets and Heat in recent days, but both teams showed an unwillingness to part with young cornerstones such as Jabari Smith Jr. and Reed Sheppard (Houston) and Kel’el Ware (Miami) in a Durant deal, sources said. The Heat made multiple offers for Durant but ultimately turned down the opportunity to place Jaime Jaquez Jr., Nikola Jovic, Haywood Highsmith, the No. 20 pick and other draft assets in a deal, sources said.

Green averaged a team-high 21 points along with 4.6 rebounds and 3.4 assists this season while shooting a career-best 35.4% from 3-point range. The 23-year-old, who was the No. 2 pick in the 2021 draft, played all 82 games in each of the past two seasons. He made 234 3-pointers this season, the most in a campaign by a Rockets player since James Harden in 2019-20. He now teams with All-NBA star Devin Booker to form a high-powered backcourt in their 20s.

Brooks shot a career-best 39.7% on 3-pointers this season and ranked third in total defensive matchups against 2025 All-Stars, according to ESPN Research. For a Suns team that has stated it wants to preach toughness and grit moving forward, with owner Mat Ishbia preaching a new culture of “toughness,” Brooks has embodied such attributes throughout his career.

Durant joined the Suns in a February 2023 deadline trade, and his 26.8 points per game as a member of the franchise is the most in Suns history. The Suns now have three first-round picks and eight second-rounders eligible to be traded, resetting and replenishing most of the assets they traded when they moved four firsts for Durant.

The Suns went 36-46 this season and finished in 11th place in the Western Conference with the highest payroll in NBA history, leading to organizational changes that included the hiring of Brian Gregory as general manager and Cavaliers assistant Jordan Ott as their new head coach.

Hannah Ann Sluss Pregnant, Expecting First Baby With Husband Jake Funk

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Rachael Kirkconnell & Matt James

Status: Split

In the years since Matt and graphic designer Rachael Kirkconnell left his 2021 season together (then briefly split and eventually reunited), they’ve faced many a breakup rumor. 

“I think everybody needs to take a break from social media,” the former Bachelor exclusively told E! News at a July 18 Baskin-Robbins event. “Our lives are lived so much in front of our phones that when anybody steps out of being on their phone 24/7, people think it’s the end of the world.”

In fact, Matt said marriage remains the end-game for the pair.

“I think the good thing about our relationship is we go at our own pace,” the First Impressions: Off Screen Conversations With a Bachelor on Race, Family, and Forgiveness author told E! News in May 2022. “And you’ve seen with other couples—they force the engagement and they’re not together anymore. So, I think what we got is a working recipe and we’re gonna get there.”

But less than three years later, Matt announced he and Rachael split.

“Father God, give Rachael and I strength to mend our broken hearts,” the reality star wrote on Instagram Jan. 16, 2025 alongside a throwback photo of them on The Bachelor. “Give us a peace about this decision to end our relationship that transcends worldly understanding. Shower our friends and family with kindness and love to comfort us. And remind us that our Joy comes from you, Lord.”



England vs India first test: day three highlights

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Harry Brook’s knock of 99 helps England close the gap to trail by six runs before India get their second innings underway with a score of 90-2 at close of play on day three of the first Test at Headingley.

MATCH REPORT: England v India first Test – day three

Available to UK users only.

Cotton: Trump took 'decisive action' to ensure Iran does obtain nuclear weapon

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Senate Intelligence Committee Chairman Tom Cotton (R-Ark.) on Sunday touted President Trump’s “decisive action” in directing U.S. strikes on Iranian nuclear facilities this weekend.

In an interview on ABC News’s “This Week,” Cotton was asked whether he thinks the strikes destroyed the nuclear program or simply set it back.

“Well, I think we heard from General Caine, the Chairman of the Joint Chiefs of Staff, that obviously, we have a few days left of battle damage assessment,” Cotton said.

“But there’s no doubt that, because of the president’s decisive action, we have severely damaged Iran’s critical nuclear infrastructure, which is what the president has said he would do for 10 years if we thought Iran was getting close to a nuclear weapon,” Cotton added.

Cotton said Americans have been “terrorized” by Iran for nearly 50 years, and for more than half that time, “American presidents have worried about them getting a nuclear weapon, have said that they’d never be allowed to.”

“Finally, President Trump has taken decisive action to ensure that they’re not going to get nuclear weapons on his watch,” Cotton added.

Trump announced Saturday the United States had bombed three Iranian nuclear sites and called on Iran to make peace quickly or face more attacks.

“Iran’s key nuclear enrichment facilities have been completely and totally obliterated. Iran, the bully of the Middle East, must now make peace,” Trump said Saturday night in an address to the nation from the East Room of the White House.

Defense Secretary Pete Hegseth and Joint Chiefs Chair Dan Caine briefed reporters Sunday morning on U.S. strikes that hit three Iranian nuclear facilities.

The bombs targeted three nuclear sites in Natanz, Esfahan and Fordow, located inside a mountain. Six “bunker buster” bombs were reportedly dropped on Fordow, while more than two dozen Tomahawk missiles were launched at the other two sites.

The bombings put the U.S. directly in Iran’s crosshairs for retaliation and made it an active participant in the Mideast war, which Israel launched with airstrikes against Iran on June 13.

Can You Guess What Single Asset Makes Up 30% Of The Average American’s Portfolio? It’s Not a 401(k)

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When most people imagine the average American’s wealth, they picture 401(k)s, mutual funds, maybe a pile of cash stashed in a bank account. But if you dig into the data, it turns out the biggest piece of the pie is something you drive by every day: a house.

According to the Federal Reserve’s 2022 Survey of Consumer Finances — the most recent data available — primary residences make up 30% of the average American household’s total net worth. That’s right. The roof over your head often holds more weight in a family’s finances than any stock ticker ever could.

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The report, which surveys thousands of households across income brackets and age groups every three years, gives a unique look into what the typical American portfolio really looks like.

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Here’s how the rest of it breaks down:

Retirement accounts like 401(k)s and IRAs come next, accounting for 25% of household wealth. It’s the kind of savings most people don’t touch until they’re older, but for many, it’s their biggest long-term bet.

Public equities and mutual funds make up 15% of net worth. These are the traditional stock market investments — the kind you’d expect to see topping the list. But for most households, it’s just a slice of the pie, not the main course.

Private business ownership or equity stakes account for 12%, though this is more common among wealthier households and small business owners. It’s a high-risk, high-reward category — one that can heavily tilt net worth upward or downward depending on success.

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Other real estate, including rental properties and vacation homes, makes up 10%. Not everyone is in the landlord game, but those who are tend to diversify here.

Cash and deposits — the checking, savings, and emergency funds — only make up 5% of household wealth on average. It’s enough to pay bills, but hardly the driver of long-term financial growth.

And finally, “other” assets like vehicles, collectibles, and miscellaneous valuables total just 3%. While they might feel like assets in the garage or attic, they don’t move the needle much on paper.

Moratorium on state AI regulation clears Senate hurdle

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A Republican effort to prevent states from enforcing their own AI regulations cleared a key procedural hurdle on Saturday.

The rule, as reportedly rewritten by Senate Commerce Chair Ted Cruz in an attempt to comply with budgetary rules, would withhold federal broadband funding from states if they try to enforce AI regulations in the next 10 years.

And the rewrite seems to have passed muster, with the Senate Parliamentarian now ruling that the provision is not subject to the so-called Byrd rule — so it can be included in Republicans’ “One Big, Beautiful Bill” and passed with a simple majority, without potentially getting blocked by a filibuster, and without requiring support from Senate Democrats.

However, it’s not clear how many Republicans will support the moratorium. For example, Republican Senator Marsha Blackburn of Tennessee recently said, “We do not need a moratorium that would prohibit our states from stepping up and protecting citizens in their state.”

And while the House of Representatives already passed a version of the bill that included a moratorium on AI regulation, far-right Representative Marjorie Taylor Greene subbsequently declared that she is “adamantly OPPOSED” the provision as “a violation of state rights” and said it needs to be “stripped out in the Senate.” 

House Speaker Mike Johnson defended the provision by saying it had President Donald Trump’s support and arguing, “We have to be careful not to have 50 different states regulating AI, because it has national security implications, right?”

In a recent report, Americans for Responsible Innovation (an advocacy group for AI regulation), wrote that “the proposal’s broad language could potentially sweep away a wide range of public interest state legislation regulating AI and other algorithmic-based technologies, creating a regulatory vacuum across multiple technology policy domains without offering federal alternatives to replace the eliminated state-level guardrails.”

A number of states do seem to be taking steps toward AI regulation. In California, Governor Gavin Newsom vetoed a high-profile AI safety bill last year while signing a number of less controversial regulations around issues like privacy and deepfakes. In New York, an AI safety bill passed by state lawmakers is awaiting Governor Kathy Hochul’s signature. And Utah has passed its own regulations around AI transparency.

Mets demote struggling catcher Francisco Alvarez to minors

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The New York Mets have demoted struggling catcher Francisco Alvarez to Triple-A Syracuse, the team announced Sunday.

Catcher Hayden Senger was promoted to the majors in a corresponding move to become the backup to now-primary catcher Luis Torrens.

The moves come after Alvarez went 2-for-5 with a home run in the Mets’ 11-4 Saturday night victory over the Philadelphia Phillies, which snapped New York’s seven-game losing streak.

Alvarez, however, has struggled at the plate this season, hitting .236 with three home runs and 11 RBIs in 35 games. He has an OPS of .652 with 38 strikeouts.

The Mets (46-31) enter Sunday night’s game against Philadelphia (46-31) tied for first place in the National League East standings.

These 20 Secrets About The Fast and the Furious Will Rev Your Engine

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8. Rodriguez also wasn’t thrilled with the initial version of Letty Ortiz, which had her as more of a one-note sexy Latina girlfriend and involved a love triangle between her, Dom and Brian.

“It was a reality check for them to realize that the streets don’t work like that,” Rodriguez told EW for a 2021 oral history of the film. “You don’t just get with a guy because he’s hot. There’s a hierarchy there. Can that hot guy get beat up by who you’re dating? If he can, then you don’t date him, because why would you want to lose the hierarchy? In order to keep it real, I had to school them: ‘I know you guys like Hollywood and all that, but if you want it to be realistic, this is how it really works, and I’m not going to be a slut in front of millions of people, so you’re going to lose me if you don’t change this.’ And they figured it out.”

As Brewster recalled it appreciatively, “When Michelle read her role, she was like, ‘No, I’m not playing that.’ And then she changed it completely. It went from a trophy girlfriend to this really layered character.”

Walker told E! News of his co-star, who was appearing in only her second movie ever after her breakout in Girlfight, “Michelle Rodriguez probably plays one of the toughest characters you’ve ever seen in a movie. From knocking out a guy to some of those driving sequences, she’s just a tough, really cool character.”

Reflecting on the input she’d had in the franchise over the years, Rodriguez told Entertainment Weekly in 2017, “At the end of the day, the only leverage I have as an individual is my participation. That’s the only leverage I ever use with anything. It’s like, look, this doesn’t agree with my ethics, morals. My heart doesn’t feel right doing this in front of millions of people, so I can always oblige myself and depart because money, to me, isn’t as important as my lines that you’re not allowed to cross.”