Mortgage Interest Rates Today | Rates Hold Steady Around 7%

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Mortgage rates remain elevated, with 30-year mortgage rates around a half a percentage point higher than they were at the start of the month.

Rates are expected to come down somewhat this year, but they probably won’t drop enough to cause a significant rebound in the housing market. According to Fannie Mae’s latest housing forecast, 30-year mortgage rates may fall to 6.7% by the end of 2023 and hit 6% in 2024. 

Mortgage Rates Today

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Use our free mortgage calculator to see how today’s mortgage rates will affect your monthly and long-term payments.

By plugging in different term lengths and interest rates, you’ll see how your monthly payment could change.

Mortgage Rate Projection for 2023

Mortgage rates started ticking up from historic lows in the second half of 2021 and increased over three percentage points in 2022.

But many forecasts expect rates to begin to fall later this year. In their latest forecast, Fannie Mae researchers predicted that 30-year fixed rates will trend down throughout 2023 and 2024.

But whether mortgage rates will drop in 2023 hinges on if the Federal Reserve can get inflation under control.

In the last 12 months, the Consumer Price Index rose by 3.2%. Inflation has decelerated quite a bit since it peaked last June, but the Fed has indicated it’s waiting for inflation to come down further before it considers a longer pause in rate hikes.

For homeowners looking to leverage their home’s value to cover a big purchase — such as a home renovation — a home equity line of credit (HELOC) may be a good option while we wait for mortgage rates to ease. Check out some of the best HELOC lenders to start your search for the right loan for you.

A HELOC is a line of credit that lets you borrow against the equity in your home. It works similarly to a credit card in that you borrow what you need rather than getting the full amount you’re borrowing in a lump sum. It also lets you tap into the money you have in your home without replacing your entire mortgage, like you’d do with a cash-out refinance.

Current HELOC rates are relatively low compared to other loan options, including credit cards and personal loans. 

When Will House Prices Come Down?

Home prices declined a bit on a monthly basis late last year, but we aren’t likely to see huge drops this year, even if there’s a recession.

Fannie Mae researchers expect prices to increase 3.9% in 2023, while the Mortgage Bankers Association expects no change in 2023 and a 1% increase in 2024.

Sky high mortgage rates have pushed many hopeful buyers out of the market, slowing homebuying demand and putting downward pressure on home prices. But rates may start to drop next year, which would remove some of that pressure. The current supply of homes is also historically low, which will likely keep prices from dropping too far.

Fixed-Rate vs. Adjustable-Rate Mortgage Pros and Cons

Fixed-rate mortgages lock in your rate for the entire life of your loan. Adjustable-rate mortgages lock in your rate for the first few years, then your rate goes up or down periodically.

ARMs typically start with lower rates than fixed-rate mortgages, but ARM rates can go up once your initial introductory period is over. If you plan on moving or refinancing before the rate adjusts, an ARM could be a good deal. But keep in mind that a change in circumstances could prevent you from doing these things, so it’s a good idea to think about whether your budget could handle a higher monthly payment.

Fixed-rate mortgage are a good choice for borrowers who want stability, since your monthly principal and interest payments won’t change throughout the life of the loan (though your mortgage payment could increase if your taxes or insurance go up).

But in exchange for this stability, you’ll take on a higher rate. This might seem like a bad deal right now, but if rates increase further in a few years, you might be glad to have a rate locked in. And if rates trend down, you may be able to refinance to snag a lower rate 

How Does an Adjustable-Rate Mortgage Work?

ARMs start with an introductory period where your rate will remain fixed for a certain period of time. Once that period is up, it will begin to adjust periodically — typically once per year or once every six months.

How much your rate will change depends on the index that the ARM uses and the margin set by the lender. Lenders choose the index that their ARMs use, and this rate can trend up or down depending on current market conditions.

The margin is the amount of interest a lender charges on top of the index. You should shop around with multiple lenders to see which one offers the lowest margin.

ARMs also come with limits on how much they can change and how high they can go. For example, an ARM might be limited to a 2% increase or decrease every time it adjusts, with a maximum rate of 8%.

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2 millennials who have bought a combined 22 properties with friends and family explain how they got into real estate without waiting on a spouse

Kristina Modares and Steph Douglass founded Open House Austin.

Open House Austin

Two millennials who bought homes with friends say “houses before spouses” is the way to go.
They bought a beach house, lake home, and ranch house with friends, which they use for vacations.
The key, they said, is choosing friends who are trustworthy and good communicators.

Kristina Modares was in her early 20s and renting a room in a five-bedroom home when she decided that she could be using the money she was spending to buy her own property.

However, she said that when she started looking, the real-estate agent didn’t take her seriously because of her age.

When Modares decided to try again two years later, it was with a friend. She said the two went in as 50-50 owners on a triplex in the San Antonio area, which they rented out before selling it 2022.

Since then Modares has purchased eight properties with friends and family that have variously served as rental properties and primary residences. Her portfolio has included a bungalow in Austin and a beach house in Florida with her sister; a five-way partnership on a home with a tiny house with coworkers; and a primary residence with her boyfriend.

She’s also partnered with her friend Steph Douglass on a home in San Antonio and a lake house for company retreats for Open House Austin, the real-estate company Modares and Douglass created after learning the ins and outs through their own purchases.

Insider verified the ownership status of each home mentioned in this story in which Modares and Douglass are full- or part-owners, though the percentage breakdown of ownership was not always clear.

Nationwide, many younger Americans have recently purchased homes with friends instead of significant others, a trend that Modares and Douglass called “houses before spouses.” Modares and Douglass run a “buying with friends” minicourse to encourage clients to explore less-conventional real-estate partnerships.

“No one was teaching first-time homebuyers. Everyone was like, ‘Millennials don’t have money, and they’re never going to do this, and it’s not possible for them,'” Modares told Insider. “It is possible, but you just have to be creative. I bought every single property with friends, and that was the only way I could get started, and now it’s my preferable way of buying homes.”

Modares and Douglass said despite some hesitation from many of their clients, millennials, in particular, had started catching on to more nontraditional partnerships.

“Our thesis for real estate is basically making our lives better, not just growing our net worth,” Douglass told Insider. “We want to make our lives exciting and fun with our friends, and bring up our community at the same time, not just buying little boxes, like we grew up hearing what real-estate investing was.”

Seeking community through homebuying

Douglass, who was a teacher at the time, bought her first home solo at 24. But she saw Austin’s rapidly growing housing market as an opportunity to break into the real-estate scene, so she partnered with her mom and “house-hacked” her way through paying the mortgage. That meant having a roommate and renting out part of the home on Airbnb as well as renovating detached house in the back.

After the success of this partnership strategy, she purchased another residence with her sister and best friend, which is now a rental property.

Douglass said she now has part ownership of 16 properties. She’s bought a commercial space with Modares that they’ve rented out to food trucks, a ranch through a five-way partnership with friends that’s now a vacation home and short-term rental, and numerous properties with her mom and uncle.

Douglass said she’d sought stronger connection with friends through these experiences, adding that homebuying should not be “superficially limited” to just significant others. Not all friends make good real-estate partners, Douglass said, but she’s found that the complicated conversations she’s had with friends over purchasing homes have paid off, as she was able to buy homes in desirable areas much sooner than most of her peers.

“You can say that that’s a risk and you’re going to lose that friend because they’re going to treat you poorly or they’re going to do you wrong. Or you can say this is going to make us closer and I’m going to really get to know this person,” Douglass said. “I have become a better person through partnering with my friends and my family, and you really learn about a lot about them.”

Especially in a city like Austin — which has become one of the least affordable US cities, partly because of steep housing costs — Douglass said this method of homebuying could be a strategic alternative.

Buying homes with friends as investments

Modares and Douglass said teaming up with friends got them started on homebuying significantly faster than either thought was possible, especially when Modares said she didn’t have a stable W-2. Closing on homes was much cheaper with friends, they said, and having shared responsibilities and workloads that could be divided efficiently was also a plus.

Douglass said Open House Austin’s objective was “to open people’s minds away from just the traditional model of, I have to get married, and then before we have a kid, we’re going to buy a house and move in.”

While Modares and Douglass have had clients purchase homes with friends and then move in together, they said they’d encouraged some clients to buy homes with friends to use as investment properties that double as vacation homes.

“We really want to open people’s minds up because when they think of buying with friends, they think everyone’s living in the property together, but that sounds like a lot,” Modares said. “To not only buy the house with friends, renovate the property together, and then live in the property together, that would be a really good reality-TV show.”

The critical part of homebuying with friends, they said, is the operating agreement, which outlines the terms and conditions of a real-estate partnership. The partnership will work only if everyone is on the same page about ownership percentage, initial cash contribution, how to manage the property, and an exit strategy. Though selecting the right partner who is a clear communicator, handles stress well, and has a shared vision is half the battle.

“Unlike the group project, where someone’s going to do more work, you have to lay all of the details out beforehand,” Douglass said. 

Are you a homeowner who recently purchased a home with friends? Share your story with this reporter at [email protected].

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China’s so desperate to get people to marry and have babies, one county is offering $137 as a ‘reward’ if the bride is 25 years old or under

China’s encouraging marriages and childbirth.

Costfoto/NurPhoto/Getty Images

A county in China is offering couples a cash reward of $137 if the bride is under 25.
It said the move is to promote “age-appropriate marriage and childbearing.”
The county is also handing out childcare subsidies and benefits, to encourage people to have babies.

China’s so desperate to have more babies that it’ll do anything to boost marriages and fertility.

Recently, a county in eastern China started offering couples 1,000 Chinese yuan, or $137, in cash if the bride is 25 years old or younger, according to a post on its official WeChat account last Thursday. The minimum legal age for marriage is 22 for men and 20 for women.

Changshan county in Zhejiang province said the reward is to promote “age-appropriate marriage and childbearing” for those who are marrying for the first time, per Insider’s translation of the notice.

And one of the parties must have their household registration, or hukou, in the Changshan county, to qualify for the reward.

Changshan county is also granting benefits to couples who have children.

They include subsidies of 5,000 yuan and 10,000 yuan each year for second and third children born in the county up until the age of three and free annual gynecological examinations for women with three kids. They are even offering free public transport in the county for families with two or more kids under the age of 16.

The push for marriage and babies comes after China saw a record low of 6.83 million marriages registered in 2022. The country’s population has even started shrinking for the first time in six decades.

An aging population will have profound implications for the future of China’s economy, labor force, and healthcare system. 

Changshan is not the only region in China racking its brains to encourage marriages and births.

The government of Hangzhou, a tech hub in east China and home to e-commerce giant Alibaba, is granting new parents about $2,900 as a one-off subsidy for having a third child this year.

China’s not the only country trying to boost flagging birthrates with cash incentives. SingaporeSouth Korea, and Japan have similar programs.

Changshan’s local government office did not immediately respond to a request for comment from Insider.

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China is doing everything it can to conceal the true extent of its economic turmoil

Chinese President Xi Jinping and the Chinese government are making key economic data disappear — that should be a warning sign for the rest of the world.

Arantza Pena Popo/In

China’s economy is turning into a big black blob.

This transformation means that while the country’s economy will still be significant to global business, it will no longer be the lodestar for growth. It will still advance, but much more slowly. And while those on the outside will still be able to observe the economy, it will become increasingly difficult to truly understand what’s going on within.

The reality of China’s blob era pushed its way to the center of the global news cycle earlier this month when the Chinese government announced that it would no longer publish the unemployment rate for young people as part of its monthly jobs report. The final release for the data series — July’s number — came in at a record high of 20.5%. The number had become a global shorthand for China’s inability to reignite its economy since President Xi Jinping ended the country’s draconian COVID-19 lockdowns. So now it’s gone.

The sudden disappearance of the youth-unemployment report generated headlines, but it’s not a shock for longtime China watchers. Data has been disappearing from all over the country for years now. Reports detailing everything from exports to cement production — which are arguably more crucial for understanding the country’s structural malaise than youth unemployment — have vanished or become corrupted to the point that they’re no longer useful. This is not happening just because the economy is slowing; plenty of countries continue publishing data even though it’s no longer rosy. This is happening because Xi’s China is one that puts ideology before economic growth.

For decades, the Chinese Communist Party’s primary focus was to develop the economy, and more recently, to turn the Chinese consumer into a dynamic force of global demand. That transition required major reforms in how China operated its economy — slowly opening it up and giving it a more bottom-up structure in which individuals make more choices about their livelihoods. But after years of fueling China’s rise, these efforts have been stopped in their tracks. Not because the reforms weren’t working, but because the China they were creating is not the one Xi wants to see.

“I don’t even know that it is possible to move to a private, domestic, demand-driven economy in China, given how it directly conflicts with the top-down manner in which the party typically manages the economy,” Charlene Chu, the managing Director and senior analyst at Autonomous Research, told me. “It would take a sea change in thinking.”

Even as the main drivers of China’s economy stumble, there will be no direct support to help households power through this fragile period. Xi has been telling his people to prepare for a “struggle,” to be ready to put geopolitical concerns over economic ones for the foreseeable future. This is bad news for multinational corporations  — companies like Nike and Starbucks  — that banked on a growing, opening China. And it’s bad news for investors who’ve been waiting for China’s growth to return to something like it was before the pandemic. The economy has been showing signs of a structural slowdown for a long time, but the strain on the system has become so great that the market can no longer ignore it. 

The struggles that China faces are real — economic pain, foreign-investor concerns, crumbling demographics — but in the face of these challenges, it’s clear that Xi will not bend on his vision for the sake of the country. He’d rather shut out the world.

Known unknowns

Transparency in China’s economic data has always moved the same cycles as its politics. Now that Xi and the CCP are openly embracing some of the hardline practices of the past, data is disappearing in kind. The most worrying example of this growing secrecy comes from the real-estate sector. China’s property market makes up about 30% of the country’s GDP, making it the cornerstone of the economy. It’s also a sector where crucial data has been vanishing since the end of last year.

“The National Bureau of Statistics stopped disclosing data on land sales by area after December and consumer confidence after March,” Chu and her colleague Fan Zhang wrote in a recent report for clients. “It also changed how it calculates property sales and investment growth starting in March.” The changes, Chu and Zhang wrote, have caused eyebrow-raising gaps between the official numbers and estimates based on an aggregate of secondary indicators. 

It’s not just real estate: Exports make up about 18% to 24% of China’s annual GDP, but Chu wrote that the Chinese Custom Bureau’s official data has begun to diverge noticeably from import data from the country’s trading partners. Based on the discrepancy, it’s becoming clear that China is overstating how much stuff it’s shipping abroad. Chu said she now uses a blend of the two datasets, and based on that average she estimates that China’s 2023 exports will fall 8% compared to 2022.

The authorities are so afraid of any sign of instability

Over at China Beige Book, a private surveyor of the Chinese economy, analysts wrote that official numbers on assets firms use to make income — from buildings to bulldozers — “now border on useless” because of the government’s constant tweaking of the calculations. J Capital Research, a China-focused investment firm, wrote in a note to clients recently that key proxies for investment, such as the amount of cement, glass, and tile being produced, have disappeared as well. These are numbers investors used to figure out the growth and scale of China’s construction and industrial production. Not anymore.

“Withholding/recalculating data may help manage confidence issues domestically, but in our experience it can undermine it with foreign investors,” Chu wrote. “So this path isn’t costless, particularly with foreign investor and multinational corporation confidence also low.”

Foreign investors have been taking the hint, selling Chinese domestic stocks and bonds at a rapid rate for the past few weeks. But Beijing’s policymakers have seen these same investors get the jitters before, only to come back with dollars in their fists ready to pounce on the next wave of growth. What makes this time different is that without accurate data, there’s no way to tell when the next wave is coming — so there’s no reason to get back in the water at all. 

Unknown Knowns

Sometime in the past few months, Wall Street went from expecting that China would experience a glorious bounce back from COVID to panicking about an all-out economic collapse. The consensus from those calling for catastrophe is that Xi should do what Western governments did during the pandemic: send checks to China’s households to spur consumption and grease the wheels of the economy. That’s not going to happen, even though leading Chinese economists have called for it. 

Partially, this is about politics. Xi’s unwillingness to send out stimulus checks to households is a sign of his government’s disinclination to let go of that control. He fundamentally does not believe average people should direct the economy that much. A recent essay in the Study Times, a journal explaining Communist Party thought, argued that sending direct aid to families would not only be expensive but also result in a misallocation of investment.

Chinese President Xi Jinping isn’t going to suddenly change his mind and send out stimulus checks to Chinese households.

Xie Huanchi/Xinhua via Getty Images

“If 1000 yuan were distributed to each person, it would require about 1.4 trillion yuan, but how much could this really stimulate consumption? This would not only create a huge fiscal burden, but residents’ consumption habits, structures, and willingness are also limiting its effectiveness,” the essay said, according to a translation in the China-focused newsletter Sinocism. “Especially since the pandemic has to some extent strengthened residents’ precautionary motives, making consumption more conservative, this would inevitably lead to inefficient use of valuable fiscal resources.”

Reaching high-income status has been the Communist Party’s raison d’être for decades. It’s why the government joined the World Trade Organization in 2001 and why it began welcoming more and more foreign investment in the 2000s. It’s why the CCP pushed the debt-to-GDP ratio to almost 280% to fight the 2009 global recession. And it is why thegovernment has continually opened the credit spigots every time there has been an inkling of economic weakness. During those fracturable moments, state banks loaned money mostly to state-owned enterprises and the government could direct the process. That process led to an inefficient allocation of capital that kept nonperforming debt in the financial system. Victor Shih, an associate professor and the director of the 21st Century China Center at University of California San Diego, told me that it would take payments totaling 10% to 20% of China’s GDP to spur the kind of consumption necessary to pull China out of the doldrums the state steered it into.

This is in stark contrast to the philosophy of consumer empowerment practiced in open economies, where individuals, households, and private businesses control capital. If money is power, then handing out “helicopter money” is one version of power to the people. Xi believes power belongs in the hands of the state. Even if stimulus is the best way to push China’s economy forward, the CCP is making it clear that maintaining its power is a higher priority.

You needn’t pour over Communist Party doctrine to see this shift from an economy-focused government to a power- and security-focused one. The signs are everywhere: in the crackdown on private-sector businesses, in the all-too-normal disappearances of high-profile billionaires, and in Beijing’s new anti-espionage law that some analysts worry will turn regular financial due diligence into a crime. Over the past year, foreign consulting firms have been raided by the authorities, and the Ministry of State Security — once a shadowy organization — has developed a presence on WeChat where citizens are encouraged to report any behavior that could be deemed anti-party. In this environment, the risk for foreigners isn’t just that they break a law, it’s that they don’t know that they’re breaking a law while they’re breaking it.

Unknown Unknowns

By keeping everyone in the dark about the economy, Beijing may think that it is reclaiming power and mitigating social instability. What it’s really doing is showing its hand. State mouthpieces can continue to give lip service to opening and reform, but Beijing’s actions show that the Chinese Communist Party’s priorities have shifted from economic development to maintaining a closed society where it is absolutely dominant. 

“Basically, the authorities are so afraid of any sign of instability,” Shih said. “They believe the financial system to be so fragile, they fear any shock could cause a crisis.”

In part because of that fear, policymakers handle economic problems piecemeal — in order of most glaring first — without allowing for an overall correction in sectors that are failing, such as property. Over time, this only exacerbates debt problems and adds volatility to the system. While Beijing plays financial meltdown whack-a-mole, investors need to calculate risk. Without data, it’s hard to know where the Chinese economy is going, but through the blur, investors can see a trajectory led by the CCP’s ideological framework and weighed down by debt. In this scenario, it ultimately becomes harder, not easier, to know what’s going on. And Xi’s fine with that.

Linette Lopez is a senior correspondent at Insider.

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How to get ChatGPT to write you a killer cover letter that doesn’t sound like it was AI-generated: step-by-step guide with exact prompts

The ChatGPT app.

Thomas Trutschel/Photothek via Getty Images

When applying for jobs, ChatGPT-4 can make the cover-letter writing process more manageable.
An AI consultant shares tips for writing an effective cover letter using ChatGPT.
Here’s a step-by-step guide, including writing prompts and navigating ChatGPT’s limitations. 

Generative AI can be an effective tool for time-consuming tasks like writing cover letters, but only if you know how to use it effectively.

As an AI consultant, marketing and design companies come to me when they need help learning to use AI tools like ChatGPT. I also help companies review potential employees for AI-specific roles by evaluating their understanding of current tools and trends.

Here’s a step-by-step guide on how to get AI to write you a great cover letter that doesn’t sound AI-generated. 

Learn the basics

ChatGPT works best with specific directions, so learn what makes a good cover letter before directing ChatGPT to write one. 

Isimemen Aladejobi, a career strategist, outlines three components of an effective cover letter. 

 A strong introduction that demonstrates company or industry knowledge. Highlight something in the news that’s relevant to your prospective department. Use this topical event to segue into why you’re interested in this specific position.  Aladejobi recommends always referring to the job title and company by name.The body of the cover letter should convey why your skills and experience make you a perfect fit. Highlight what you brought to the table at your last job and connect it to the requirements of the role you’re applying for. Even suggest initiatives you could start at the company.The sign-off should be simple. Aladejobi suggests, “I’m excited and looking forward to hearing from you,” which she says demonstrates enthusiasm without being too wordy. 

With this in mind, you can now start prompting ChatGPT with confidence. 

Writing your cover letter in ChatGPT-4

Be aware of the token limit

The token limit is ChatGPT’s limit on recall and comprehension during a single session. ChatGPT has a token limit of 4,096, and according to OpenAI, 100 tokens are about 75 words.

If ChatGPT starts responding to prompts illogically, you’ve probably hit the limit. This message to help ChatGPT refocus:

Please search this chat for the word strawberry and reread that message and provide me a summary of what you think we need to do. We’re at step [#] of that message. Tell me if you want a recap of the previous steps, and I’ll provide a summary.

Having this marker will keep ChatGPT on task and ensure an accurate end product. 

Step 1: Onboard ChatGPT to the task

ChatGPT needs very explicit instructions to complete tasks successfully. Below is the exact prompt to copy and paste into the chatbot. 

To apply for a job within your industry use this prompt: 

“Hi ChatGPT. You’re now the best cover letter writer on earth. You and I will write a cover letter together for [job title] at [company]. I have [#] years of experience. Here’s what we’re going to do:

 You will ask me at least 15 questions about my work history and vision for the role. Make at least one of the questions “What initiatives would you implement in this role?”I’m going to give you sections of the job description to read and you’re going to generate a strategic plan for the cover letter based on my answers from step one and the job description for me to approve.I’m going to give you a news item about the company. Read it and tell me how you plan to connect it to my cover letter application.Use this format to write the cover letter:Begin with the news item based on my approval of your strategy. Conclude paragraph one: “When I came across this role, I knew it was the role for me. Let me tell you why.”The next two to three paragraphs should be my career history with clear connections to the position requirements and desired skills. Make sure to say somewhere, “As your [position title], I’ll,” and include some of the initiatives.Wrap up with the following sentence, “I’m excited and looking forward to hearing from you.”

If we exceed your token limit, let’s use “strawberry” as our focus word so you can get reoriented. 

Please begin by summarizing what you think I want you to do.”

If you’re making a pivot in your career, remove this line from the prompt:
I have [#] years of experience,” and replace it with “I’m making a career transition from [industry] to [industry] so the cover letter needs to heavily showcase how my previous experience is an asset to [Company].

And add this to the first task:
“Make another question about how I think my previous experience is an asset to this new industry.”

Step 2: Check for understanding

ChatGPT should create a summary of this plan. Check that the summary is accurate. If it is, reply with “next step” or “yes.”

Ashley Couto

If ChatGPT gets confused, open a new chat and repaste the prompt.

Step 3: Answer the career questions and have ChatGPT generate a career summary

The bot should provide you with the 15 career questions. Each answer should be two or three sentences long. You can go over for one or two questions, but be wary of potentially hitting the token limit. 

Ashley Couto

Once you’ve answered all the questions, add this sentence and press enter:

Please create a detailed summary of my responses that I can paste into ChatGPT so I don’t have to answer all these questions again if I need to generate another cover letter.

Copy and paste the summary into another document to use for other applications. 

Step 4: Input no more than 2,500 characters of the job description

Copy and paste only the pertinent details from the description into ChatGPT and delete the fluff. Keep skills and competencies, responsibilities, the role overview, and a little about the company if you think it would be helpful.

Ashley Couto

Step 5: Paste in a company press release or industry-specific news story

Once ChatGPT gives you its plan, decide whether you agree with its intent. If you do, indicate that you want to move forward and press return or make a change. 

Ashley Couto

With any AI tool, you must be an editor and strategic advisor. Do not assume that what it’s generated is the right path. Exercise critical judgment and get ChatGPT to refine.

For example, after I provided the article, ChatGPT presented me with a summary that didn’t highlight key issues on how Canadian media companies think about content. I gave it instructions to refine it.

Ashley Couto

Step 6: Generate the cover letter and revise it with ChatGPT

Once you’ve approved its strategic approach, ChatGPT will generate the cover letter. 

It will generate a first draft but probably won’t be ready for use yet. It’s your job now to go back in and revise using specific instructions.

For example, I felt that the third paragraph ChatGPT generated was weak.

Ashley Couto

Direct it with specific changes to adjust particular paragraphs and go back and forth for a few rounds until you’re happy.

Ashley Couto

And it generated a much stronger attempt.

Ashley Couto

Step 7: Put it into a text editor

ChatGPT has a suboptimal understanding of grammar and syntax. Once you’re happy with the content, put your text through Grammarly to help tighten up the language and avoid problems like using the passive voice.

Step 8: Rinse and repeat with modifications

You can use the same root prompt for future cover letters, but replace step one with this:

“I’m going to paste in a summary of my work experience. Please write me a three-sentence summary of what type of work I do and what you see as my top accomplishment so I can check for understanding.”

Based on the previously generated summary, you’ll double-check that ChatGPT has a good idea of what you do. If it’s missing a few key details, fill it in on those or tell it which summary you want it to prioritize before you move through the rest of the prompt.

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The 45-year history of The Cheesecake Factory: How a family bakery turned into global restaurant chain with an enormous menu

Cheesecake Factory employees.

Associated Press

The first The Cheesecake Factory restaurant opened in Beverly Hills, California, in 1978.
Its CEO and founder, David Overton, opened it to promote his mother’s cheesecake business.
The restaurant took off. It went public in 1992 and is a top-40 chain in the US in terms of sales.

The Cheesecake Factory is one of the top 40 restaurant chains in the US, known for its voluminous menu of cheesecakes, pastas, sandwiches, and appetizers, such as its famed avocado egg rolls.

But fans may not realize that the publicly traded company, with a market cap of nearly $1.7 billion, was a family-run bakery business for years before it scaled across the US and abroad.

“Growing up, it was all about cheesecake. And we knew people loved it,” Cheesecake Factory CEO David Overton said in a video on the company’s website.

Overton is referring to his mom’s cheesecake business. On and off for years, Evelyn Overton sold her cheesecakes to local restaurants in Detroit and Los Angeles. But her wholesale bakery never took off. Many restaurants scoffed at the idea of selling flavored cheesecakes.

So the younger Overton, a musician at the time, decided to open a restaurant in 1978 to showcase his mom’s variety of cheesecakes.

He had no restaurant experience. But he had determination. 

“We knew we had the Cadillac of cheesecakes, and we knew that everyone loved our cheesecake,” he said in the video. “I’ve got to get our cake to people.”

Over the next 45 years, Overton turned his mom’s cheesecakes into a national sensation. Slices and whole cakes are sold not only in restaurants but also in supermarkets around the US, including the grocery sections of Target and Walmart. 

It all started with a recipe clipping from a Detroit newspaper. 

Take a closer look at The Cheesecake Factory’s early beginnings.

Evelyn Overton, with her husband, Oscar, started making cheesecakes for local restaurants in Detroit in the 1940s.

The Cheesecake Factory

In the 1940s, Evelyn Overton found a dessert recipe in a local Detroit newspaper that inspired her to create her “original” cheesecake.

She tweaked the recipe and started making her own cakes.  She eventually opened her own bakery. 

“Everyone loved it,” David Overton said. “It became famous.”

In time, she gave up the business to focus on raising her two children, David and Renee. She moved her baking equipment into her basement kitchen and continued selling cheesecakes to Detroit restaurants.

Source: The Cheesecake Factory

“Growing up, it was all about cheesecake,” David Overton said about his mother’s cheesecakes.
David Overton in the late 1970s.

The Cheesecake Factory

In the late 1970s, David Overton moved to San Francisco to study law. He persuaded his parents, who were then in their 50s, to move to Los Angeles to give his mom’s cheesecake business another chance.

Source: The Cheesecake Factory

With the last of their savings, Oscar and Evelyn Overton packed up their car and drove cross-country to Los Angeles. They had $10,000 to their name.

The Cheesecake Factory

In 1972, at the behest of their son, Oscar and Evelyn Overton moved to Los Angeles and opened a 700-square-foot commercial bakery in North Hollywood.  

“This was probably the size of one of our walk-ins today,” David Overton said in the video.

His parents opened The Cheesecake Factory bakery in 1972 and began selling Evelyn Overton’s cheesecakes to restaurants throughout Los Angeles.

They worked around-the-clock attempting to turn her lifelong dream of owning a successful business into a reality.

Source: The Cheesecake Factory

David Overton, a musician in the late ’70s, moved to Los Angeles to help his parents promote the business.
David Overton showcases his mother’s desserts at a trade show.

The Cheesecake Factory

Evelyn Overton developed more than 20 varieties of her cheesecake and other desserts. Her husband was the salesperson. He drove from Santa Barbara to San Diego selling his wife’s desserts to restaurants across Southern California.

While their business found modest success, the patriarch would get the same feedback: “No one needs more than one flavor of cheesecake.” 

This frustrated David Overton, especially as some restaurant owners began switching to other suppliers that made less-expensive cheesecakes that he saw as inferior.

“Literally for $0.05, some of these restaurants would switch to another brand,” David Overton said.

Source: The Cheesecake Factory

“We knew we had the Cadillac of cheesecakes,” David Overton said. So he decided the only way to showcase his mom’s cheesecakes would be to open a restaurant. He called it The Cheesecake Factory.
Staff of The Cheesecake Factory in Beverly Hills in the late ’70s or early ’80s.

The Cheesecake Factory

David Overton, a musician in San Francisco at the time, moved to Los Angeles in the late ’70s to help his parents with the bakery business. 

“I have never seen people work so hard. And so I moved down to Los Angeles to help them,” he said. 

To prove diner demand for his mom’s desserts, he decided he had to open his own restaurant in 1978. He had no restaurant experience. David signed the Beverly Hills restaurant lease in 1977, and it opened on February 25, 1978. He named the restaurant The Cheesecake Factory after his parent’s bakery. 

On opening day, he was so nervous he didn’t open the restaurant until 2 p.m. to avoid the lunch rush.

Source: The Cheesecake Factory

The first two-sided menu was light on options by the chain’s standards today. The restaurant sold breakfast and lunch entrées. A slice of cheesecake cost $1.25.

The Cheesecake Factory

Because he lacked restaurant experience, David Overton “created a simple and straightforward menu with generous portions,” The Cheesecake Factory told Insider.  

Many of the scratch dishes were things he knew how to cook. 

The original menu was one page with two sides. One side featured lunch and dinner options such as burgers, hamburger steak, quiche of the day, and roasted chicken. Salads and grilled and open-faced sandwiches included classic American staples such as crab Louie and tuna salad. One dish, Oscar’s special sardine sandwich, was named after his father.

Breakfast featured egg dishes, cereal, toast, and espresso drinks. 

Source: The Cheesecake Factory

Some of the cheesecake flavors were chocolate chip, peanut butter, mocha chocolate chip, and fresh strawberry.

The Cheesecake Factory

The original dessert menu featured a variety of baked goods and desserts, including cheesecake, carrot cake, zucchini cake, strudel, whipped-cream cakes, chocolate-mousse pie, black forest cake, cream puffs, ice-cream sundaes, milkshakes, banana splits, and Belgian waffles topped with ice cream and whipped cream. The ice cream on the menu was billed as “extra rich.”

Prices ranged from $0.85 for a dish of ice cream to $1.95 for the chocolate-mousse pie.

Source: The Cheesecake Factory

When The Cheesecake Factory opened in Beverly Hills in 1978, it featured a salad bar.

The Cheesecake Factory

The Beverly Hills salad bar was called the Fabulous Factory Salad Bar. The cost of a build-your-own salad was $1.95 for a medium plate or $2.95 for a large salad plate.

Salad bars at this time were more closely associated with steak houses.  The first four Cheesecake Factory restaurants had salad bars. It stopped adding them when the fifth restaurant opened in 1991 in Washington, DC.

Source: The Cheesecake Factory

Linda Candioty, a test baker turned company vice president, has been with The Cheesecake Factory since the opening of the Beverly Hills restaurant.
Linda Candioty in 1978.

The Cheesecake Factory

Candioty started working for Evelyn Overton in the bakery in 1977. She became the restaurant’s first hostess and has held a variety of key positions within the company over the years. Today, she is the company’s vice president of guest experience.

“She knew how to please the guest,” David Overton said. “I loved operating. I love being in the background. She loved being in the foreground.”

Source: The Cheesecake Factory

Linda’s fudge cake is one of the desserts that Candioty created while working as a test baker.

The Cheesecake Factory

The fudge cake remains one of The Cheesecake Factory’s most beloved desserts, the company told Insider.

David Overton had no initial plans to open a second restaurant. But he soon grew to love the business. In 1983, The Cheesecake Factory opened its second restaurant.

The Cheesecake Factory

The new location was in Marina del Rey, an affluent Los Angeles-area coastal community.

David Overton immediately fell in love with the location.

“I went there and I said, ‘Wow, who wouldn’t want to sit out here and have a wonderful meal,'” he said.

Candioty, in the company video, described the bay location this way: “On the water. On the beach. Palm trees. Volleyball. Windsurfers. It was amazing. And it was a zoo from the beginning.”

The restaurant was slammed all summer.

“And we became an instant hit. It took us about five years to recover from that opening,” she said.

Original Beverly Hills servers such as Mary D’Astugues wore café aprons. She would later become a crucial player in implementing restaurant designs.
Mary D’Astugues.

The Cheesecake Factory

After the success of the Marina del Rey restaurant, David Overton chose another coastal spot for its next location, Redondo Beach, California. 

After that, David Overton set a goal to open at least one restaurant every year or every two years.

“So we started to grow because of our success and because people loved our product and our culture grew right along with it,” he said in the company video.

The Cheesecake Factory’s famous murals started with the opening of the Redondo Beach restaurant in 1988.

The Cheesecake Factory

The Redondo Beach restaurant had a lot of empty wall space. So David Overton turned to employee D’Astugues, who was known as an artist. He asked her to paint a ceiling mural and one behind the bar.

She painted while the restaurant was under construction.

“David really liked the aesthetic that Mary’s artwork added to the restaurant, and from that point forward, as each new Cheesecake Factory opened in cities across the country, Mary painted custom murals for each location,” the company told Insider.

Source: The Cheesecake Factory

The Cheesecake Factory went public in 1992.

Associated Press

David Overton, in a 2011 interview with CNN, said his parents were able to semiretire as the restaurants were performing well in the first several years. 

“Our investors were making a lot of money,” he said. “In September 1992, we went public. The stock opened at $20 and went to $27.25 the first day.” 

He became the CEO and chair of the board when the company went public. Before that, he was the company’s president. He is the only CEO the chain has ever had.

The current stock price hovers at $32 a share.

The Cheesecake Factory ranks as the 37th-largest chain in the US in terms of sales on Technomic’s top-500 list. Among casual dining chains, it’s ranked No. 11.

Source: The Cheesecake Factory, Technomic, and CNN

Many items on the menu are named after people. Adam’s peanut-butter-cup fudge ripple, for example, is named after the founder’s son Adam.

The Cheesecake Factory

This cheesecake favorite combines all of Adam’s favorite childhood treats: Butterfingers, Reese’s Peanut Butter Cups, caramel, and the chain’s classic cheesecake.

Source: The Cheesecake Factory

The “Evelyn’s Favorite Pasta” dish is named after David Overton’s mom.

The Cheesecake Factory

The dish is made with broccoli, zucchini, asparagus, peppers, tomato, onion, garlic, and fresh herbs. It’s tossed with Parmesan.

It’s one of 18 pasta dishes listed on the menu. 

Source: The Cheesecake Factory

The avocado egg roll, a top-selling appetizer, was inspired by David Overton’s dining travels.

The Cheesecake Factory

Avocado egg rolls are a top seller on the menu.

The inspiration for it came after David Overton tasted a crunchy avocado cheese straw while dining at the Peninsula Hotel in Beverly Hills. Avocado was also used as a garnish on the dish. 

It made him wonder whether The Cheesecake Factory could make an egg roll stuffed with chunks of avocado. Experimenting commenced, and after multiple tries, The Cheesecake Factory’s avocado egg rolls were developed. Their exact debut is unknown, but they’ve been around since the late ’90s or very early 2000s, the company said. 

Source: The Cheesecake Factory

In 2012, The Cheesecake Factory opened its first international location, in Dubai, United Arab Emirates.

The Cheesecake Factory

The restaurant opened in the Dubai Mall under a licensing agreement with Alshaya Trading Co.

Today, The Cheesecake Factory has 212 domestic restaurants and 31 international locations. None of the US locations are franchised. International restaurants are licensed locations. This is an unusual tactic for a large publicly traded company, which typically grows through franchising. Other publicly traded chains that don’t franchise include Chipotle and Shake Shack. 

Source: The Cheesecake Factory

In 2016, the first Cheesecake Factory in Asia opened, in Shanghai.

The Cheesecake Factory

Some of the 31 international locations have opened in top tourist destinations around the world. In 2013, The Cheesecake Factory opened a restaurant in San Juan, Puerto Rico. In 2016, the company opened its first restaurant in Asia. The location opened in Disneytown at the Shanghai Disney Resort.

Source: The Cheesecake Factory

The Cheesecake Factory’s famous “brown bread” launched in grocery stores in 2018.

The Cheesecake Factory

The bread launched under the Cheesecake Factory at Home brand. Other restaurant items sold in grocery stores include a handful of whole frozen cheesecakes, including the original cheesecake and the strawberry-topped original cheesecake. 

Source: The Cheesecake Factory

The Cheesecake Factory was one of the first national restaurant chains to work with DoorDash.


To gain market share, DoorDash went after large, established restaurant chains. Early partnerships included The Cheesecake Factory, Buffalo Wild Wings, and Wendy’s. While other restaurant chains have expanded delivery services to include other apps such as Uber Eats, Cheesecake Factory remains an exclusive delivery partner with DoorDash.

Source: Insider and DoorDash

In 2019, The Cheesecake Factory expanded with the acquisition of Fox Restaurant Concepts, which owns the brands North Italia and Flower Child.

Yelp/North Italia

“It became evident that the combination of two of the most experiential and entrepreneurial restaurant companies could drive greater value as one organization,” David Overton said in a statement. 

Source: The Cheesecake Factory

In 2020, the private-equity firm Roark Capital, whose fast-food empire includes Arby’s and Jamba, invested $200 million in The Cheesecake Factory.


The April 2020 investment helped The Cheesecake Factory’s “liquidity position” as it navigated the COVID-19 pandemic, David Overton said at the time.

In June 2021, The Cheesecake Factory reacquired most of the equity stake purchased by Roark Capital in a transaction valued at $457.3 million, according to the trade magazine Restaurant Business.

Source: Restaurant Business and The Cheesecake Factory

The newest restaurant opened in Corpus Christi, Texas, in December. It features a custom mural by D’Astugues.

The Cheesecake Factory

D’Astugues has painted murals for restaurants in the US and abroad, including locations in the Middle East, Mexico, and Asia.

Source: The Cheesecake Factory

Today, the Cheesecake Factory menu has more than 250 items across 21 pages.

Associated Press

In a December Vox article, the writer Alex Abad-Santos called The Cheesecake Factory an “uncanny” chain whose success was built on defying standard industry rules.

The chain’s massive menu is one of those industry-defying traditions. Most chains preach operational efficiency by providing a limited menu of dishes that are all profit generators.  

But not at The Cheesecake Factory. 

“The menu was seemingly written by someone who was hungry for everything they could think of but couldn’t name what they actually wanted at that moment,” Abad-Santos said. “The rules that govern regular restaurants have no power over The Cheesecake Factory. If there is one rule at The Cheesecake Factory, it’s that the conventional wisdom of the restaurant industry — keeping costs low, concepts simple, and menus under 200 items — is meant to be ignored.”

Source: Vox

This year, The Cheesecake Factory appeared for the 10th time on Fortune’s list of the best companies to work for.

Associated Press

Fortune noted the chain’s Wages Now program, which helps financially strapped employees receive 50% of their pay the following workday, instead of waiting for their semimonthly paychecks. Fortune added that the chain had maintained flat healthcare premiums since 2021.

Still, the chain does not have a perfect record when it comes to dealing with labor disputes. 

In June 2018, the chain was found jointly liable in a wage-theft case in which California labor authorities fined The Cheesecake Factory and its janitorial subcontractor nearly $4.6 million. The agency said janitorial workers at eight Southern California restaurants were due $3.94 million in unpaid wages. 

The case is ongoing. 

“While the Company did not employ any of these individuals, the state also filed the claim against the company,” The Cheesecake Factory told Insider in a statement. “On November 10, 2022, the parties participated in voluntary mediation and reached a tentative settlement on the wage citation. The settlement is subject to documentation and final agency approval.”

Source: Fortune, the state of California, Nation’s Restaurant News, and The Cheesecake Factory

Candioty, the server turned top Cheesecake Factory executive, said employees “are still having fun like we did in that one little café in Beverly Hills.”
Today, the chain has 41,125 employees.

The Cheesecake Factory

“We’re so different and yet we’re in our hearts, it’s still exactly the same company,” Candioty said. “Our menu is still made from scratch. Everything fresh — back then and today. We’re still here for our guests every single day. We have fun.”

David Overton said: “We continue to try to function as a family business.”

Read the original article on Business Insider

Chanel’s CEO says she’s been the ‘first woman, the first brown person, the first Asian, the first Indian’ in every job – and wants to lift others up

Chanel CEO Leena Nair.

Ritam Banerjee/ Getty Images

Chanel CEO Leena Nair told The Wall Street Journal she’s been a trailblazer in every job she’s had. Nair said she got 7,000 emails and letters from women applauding her when she was appointed in 2022.The 54-year-old is the luxury fashion retailer’s second female boss in its 113-year history. 

The CEO of Chanel said she got about 7,000 emails and letters from women and girls praising her appointment, she told The Wall Street Journal.  

The French luxury retailer appointed Leena Nair as only its second female boss in its 113-year history in January 2022.

“I’ve been the first at every job I’ve done. The first woman, the first brown person, the first Asian, the first Indian—but I don’t want to be the last, and I am going to try and make it easier for those who come after me,” Nair told the Journal, adding that one of her mottos is “lift as you climb.” 

Models in Chanel’s Fall/Winter show in Paris this month.

Pascal Le Segretain/Getty Images

Fortune’s Global 500 rankings of the world’s companies by revenue, released earlier this month, found that just 29 – or 6% – have a female CEOs. That’s up from 24 last year. 

That shows there’s considerable room for improvement at the top of the biggest businesses. 

Nair said she’d been told she couldn’t do something “because I’m a girl” many times in her life. The 54-year-old added that “afterwards, you stop listening.”

Maureen Chiquet became the Chanel’s first female boss when she was appointed as its global CEO in 2007, before she resigning in 2016 due to strategic differences. Chanel co-owner and chair Alain Wertheimer took over the role for five years until Nair was appointed.

Nair was previously chief human resources officer at consumer goods giant Unilever before joining Chanel.

Read the original article on Business Insider

I’m a housekeeper at a hotel in San Francisco. Guests have stopped tipping and the work can be gross, but I love my job.

A housekeeper makes a hotel bed (subject not pictured).

Alistair Berg/Getty Images

A hotel housekeeper who’s worked at a San Francisco Marriott for 10 years says they love their job.The challenges are cleaning disgusting things and a lack of work when guests decline the service.They encourage hotel guests to accept the daily housekeeping service and respect the space.

This as-told-to essay is based on a conversation with a 60-year-old hotel housekeeper in San Francisco. Their name is being withheld to protect their employment, which has been verified by Insider. The conversation was conducted through a translator and has been edited for length and clarity.

As a housekeeper at a Marriott hotel in San Francisco, I’m responsible for keeping the rooms clean. I’ve worked here for 10 years, and before this, I worked for a few months at another hotel. Before moving to California, I lived in El Salvador and worked as a secretary.

Within an eight-hour shift, I usually clean about 14 rooms. I make a decent hourly rate as a member of a union, which is a big deal for me. But I earn a good salary only if I work 40 hours every week, which is becoming less and less common.

My schedule depends on the occupancy level and whether guests want their rooms cleaned. I love my job — I just wish it was consistent enough to support my family.

I’ve seen some disgusting things

A normal workday involves making beds, taking out the trash, cleaning the bathroom, vacuuming, removing dirty glasses, and so on. We also take care of amenities including shampoo and soap that need to be refilled.

I’ve come across rooms with vomit, beds with blood on them, and bathrooms where someone has left feces in the bathtub. I’ve also had to clean rooms with a really strong odor left over from marijuana or cigars.

One of the more-annoying tasks is cleaning up overflowing trash. Sometimes guests leave behind tons of bottles and takeout containers.

Dogs can also be difficult. I adore dogs, but sometimes they leave so much fur behind that we have to shampoo the carpets.

No one leaves tips anymore

When I began working at the hotel, guests would leave tips, but now most people don’t leave anything.

During my first years as a housekeeper, I could expect to make $1,500 to $2,000 a year in tips. It slowly got lower to maybe $200 or $300 a year. This is the lowest year yet, and I’m getting almost nothing.

If you’re staying in a hotel, I suggest leaving a tip of $5 to $10 a night. Don’t wait until the end of the stay because a different housekeeper may clean your room each day.

Uncertainty about getting called in makes life hard

Lately, I’ve been working less because there are fewer rooms to clean. I get fewer hours of work and earn a lower income. If the guests opt out of the housekeeping service, and their room isn’t cleaned for two or three days, that means less work for us.

On those days, the hotel might not call me in to work. It affects me economically to have my paycheck go up and down like that because I have to pay rent, buy food, and cover transportation. I also support my 90-year-old mom.

A few weeks ago, I worked only one day the whole week, and on the other days, I was on call waiting to see whether there would be work for me.

On a good week, I’m bringing in $850. But on a week when I’m called in for only a few days of work, I make about $500.

I encourage hotel guests to get daily housekeeping because you have a lot of power to help us go to work and make money.

Try not to leave the room too messy if you’re staying at a hotel

It will make your housekeeper’s life easier if you don’t leave a big mess.

People sometimes don’t think about how they’ll affect my ability to do my job, and they leave clothes or suitcases on top of the bed that I need to make. Or they leave heavy things, such as a luggage rack full of bags, in the way, and I need to move it to clean.

The most painful thing for me is how often I need to bend down. Guests can help with that a lot, too. You can leave the towels in a single pile so I don’t have to bend over many times to pick them up one by one. You can also put all the trash in the trash cans so I don’t have to go around the room and bend over many times to pick things up off the floor.

Honestly, I love my job

People sometimes ask why I don’t change jobs, but I like it. I sincerely like this job better than my former job as a secretary.

I love it when I feel like I’ve made someone happy by giving them a clean room. When a guest stops me in the hallway to thank me and tell me what a difference I made for their trip, there’s nothing better.

Are you a housekeeper who wants to share your story? Email Lauryn Haas at [email protected].

Read the original article on Business Insider

The 11 Worst ‘Glee’ Covers Ever: From ‘Gold Digger’ to ‘Gangnam Style’

Photo Illustration by Luis G. Rendon/The Daily Beast/FOX

Nearly a decade out from its series finale, society is still grappling with the ramifications of the hit Fox show Glee—whether it’s the current surplus of AI covers on TikTok, the Lea Michele Funny Girl fiasco, or showrunner Ryan Murphy’s current chokehold on television. There are also numerous clips from the show of star Matthew Morrison (a chaos agent in his own right) and other white Glee actors rapping terribly to some of the most legendary hip-hop songs, which will seemingly never leave my Twitter feed.

On that note, I’d be lying if I said Glee didn’t spur some genuinely great renditions of classic pop, R&B, rock, and Broadway hits—most of them sung by Amber Riley, Kevin McHale, Naya Rivera, Darren Criss, and, (sigh) Lea Michele. I would argue that Glee: Volumes 1-5 are packed with genuine bops, as well as The Power of Madonna EP. But most of these covers, watching them back, will either make you shudder or burst out laughing at the audacity of Glee’s music supervisors.

It isn’t just that many of these songs are poorly arranged or certain actors just weren’t capable of performing them. The actual on-screen performances were often incredibly cringey, even if the show’s writers were occasionally in on the joke.

Read more at The Daily Beast.

Signs of Another Secret ‘Shadow Army’ Left Behind by Prigozhin

Photo Illustration by Elizabeth Brockway/The Daily Beast/Getty

After Yevgeny Prigozhin staged his failed revolt in Russia two months ago, the Kremlin promptly clamped down on his empire. The paramilitary boss and his mercenaries were exiled to Belarus, while Wagner-linked media companies that spewed Russian propaganda online were blocked. The future of his information operations were further put into question last week, when Prigozhin was reported dead in a plane crash that bore all the signs of an assassination ordered by President Vladimir Putin.

But despite the clampdown on Wagner’s propaganda minions and the apparent death of the mercenary boss, signs are emerging that Prigozhin’s information operations network never really went away.

A couple of hundred Russian-language accounts pushing pro-Russia and pro-Putin narratives sprung up early this month on Twitter, or X, before Prigozhin’s reported death, according to Clemson University research shared exclusively with The Daily Beast.

Read more at The Daily Beast.