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A 58-year-old whose job requires hours of sitting lost 75 pounds in 12 months with these simple changes

jerry before and after weight loss
Jerry Clark overhauled his diet: he started eating more vegetables and having his chicken roasted instead of fried.
  • A man gained 50 pounds after he quit the army and started driving — and sitting — for a living.
  • A fitness and nutrition program designed to reverse diabetes has helped him lose 75 pounds.
  • He still sits for long hours, but packs his own lunch and makes sure to exercise 6 days a week.

When Jerry Clark decided to quit the Army, hit the road, and start driving long-haul truck routes 34 years ago, he had no idea what a dramatic impact the career change would have on his body.

“A truck driver is the worst job in the world for health,” Clark told Business Insider.

Arguably, no one is required to sit more on the job than a truck driver. And we all know sitting is the new smoking.

Clark spent years tag-teaming across the country with his wife on trucker routes. At one point, before she retired, they were logging 8,000 miles together every workweek. The pair would drive almost three full lengths across the continent each week, eating whatever they could find to sustain them along the way.

“We eat at the greasy spoons,” Clark said, explaining the average truck driver’s meal plan. “Everything is grease, or fried.”

All that sitting and eating greasy food can lead to long-term health issues and body imbalances. Clark developed a stronger left leg from operating his clutch and a stronger right arm from being at the wheel for half of the day. He also gained over 50 pounds over the course of three decades.

An employer-offered nutrition program led to big changes

clark with sunglasses, heavier
Clark says when he left the army, he was about 250 pounds. By the time he started his new diet, his weight had crept up to 306.

About a year and a half ago, when he heard his employer was offering free nutrition coaching for people with diabetes through Virta Health, he wondered if he might be eligible to join the low-carb program, even though he has normal blood sugar and doesn’t need to “reverse type 2 diabetes,” as the company promises. Sure enough, his employer allowed him to try it out.

Clark has lost over 75 pounds in the program and has discovered he has renewed energy for both work and hobbies, including wood carving. He says he’s trimmer now than he was when he left the Army in his mid-20s. He’s spent the past several months maintaining his weight and working on muscle building.

He’s lost over 75 pounds with diet, exercise, and guidance from a coach

jerry in the mirror
“I go running now without my shirt,” Clark says, something he wouldn’t have imagined doing in the past. “Look at me if you want to. If you don’t, I don’t care.”

“I look pretty dang-on good right now for a 58-year-old guy,” he said. “Almost getting a six pack back.”

He has also helped his son lose over 100 pounds using the nutrition techniques he’s learned, which are in line with some of the recent federal nutrition guidelines, released in January.

This is no coincidence: Virta co-founder Jeff Volek helped draft the Trump Administration’s new Dietary Guidelines for Americans, which encourage people to skip ultra-processed foods and added sugar, prioritizing animal protein and “healthy” fats.

Now Clark eats more whole foods than he used to, including fruits, vegetables, and meat. He doesn’t fuss too much about fat, especially the kind of fats in nuts, fish, and lean proteins like chicken.

“My journey’s not over, but I am getting there,” he said.

jerry in his truck, face visibly skinnier
Clark still drives a truck, but he’s developed a plan that makes it easier to maintain a healthy weight, with plenty of leafy green vegetables and lean proteins.

You don’t have to eat low-carb to lose weight

Many nutrition experts say low-carb ketogenic diet plans like the one he’s following are not right for everyone. Generally speaking, people without diabetes could benefit from more fiber and whole grains than this style of eating typically provides. Still, there are a few nutrition basics that just about every “healthy” diet plan agrees upon. Virta’s low-carb strategy is no exception. Plants like fruits, vegetables, nuts and seeds are good. Extra sugar and empty calories from white bread, cakes, and sodas? Not so much.

harold WL transformation
Clark has helped his stepson, Harold, lose over 100 pounds. “We were all very big,” he said.

“There’s this base of knowledge which is pretty translatable between different diet camps,” nutrition scientist and ultra-processed food researcher Kevin Hall, co-author of the book “Food Intelligence,” previously told Business Insider. “All of the camps can sort of agree on non-starchy vegetables and lowering added sugar.”

Hall has performed studies showing that low-carb diets are not any better than low-fat diets, when it comes to how much fat people lose. Low-carb diets can be helpful for stabilizing blood sugar in patients with diabetes, but it’s the quality of a person’s diet that matters most.

“For the vast majority of people, it’s really the processed and refined carbohydrates that they should avoid,” Hall said. Carb-forward beans and strawberries, loaded with fiber and antioxidants, are great choices for most people.

Another big reason for the success of Virta patients like Clark, according to former US Food and Drug Administration commissioner Dr. David Kessler, is the “built-in accountability” that patients get from Virta’s intensive, personalized coaching model, as he explains in his new book “Diet, Drugs, and Dopamine: the New Science of Achieving a Healthy Weight.”

As for Clark, he has a few evidence-based nutrition moves he credits with helping him make the lasting diet changes that he plans to stick to for the long haul.

Here are his 7 best pieces of diet advice:

Eat more vegetables

green vegetables
“You can eat almost all the green leafy vegetables you want and all the broccoli you want,” Clark said.

When Clark drives his 600-mile route from North Carolina to West Virginia and back overnight, he brings his own “lunch,” or gets a few essentials from the supermarket. No more greasy spoons. Broccoli, leafy lettuces, and cucumbers are now staple foods at his house for lunch and dinner.

“I’ll pack a chicken breast and some broccoli, and then at around midnight when I get to a truck stop, I’ll pull in and pop it in a microwave, and I’m pretty happy,” he said.

With the help of his nutrition coach, Clark started meal prepping and shopping around the perimeter of the grocery store, a classic pro-nutrition move.

“Most of the crap is in the middle,” he said.

Change your palate — it takes time, but curbs sugar cravings in the long run

salad with egg avocado and tomatoes
Clark says his new eating pattern isn’t a diet, it’s a lifestyle shift.

Clark has found that over time, he is craving less sugar. It helps that he doesn’t keep junk food in the house, since it’s typically loaded with sugar, saturated fat, and refined flour. Now, he finds he wants veggies and other whole foods, including deer and rabbit for dinner, and blueberries as a sweet treat.

“Food itself tastes good as long as you change your taste buds,” he said. “It’s going to take you a month for your taste buds to change.”

Studies suggest that most of our taste buds regenerate about every 10 days, but some take longer to turn over, around three weeks or so.

Avoid ‘added crap’ like refined flour and sugar

junk food
Clark stays away from foods made with refined white flour, and lots of added sugar.

Clark said he still enjoys many of the same foods he used to eat, he just prepares them differently now.

“You can have the same stuff,” he said. “You can’t have all the added crap that America puts on it.”

For him, that means rotisserie chicken instead of fried chicken and homemade ice cream made from whipping cream and eggs, with far less sugar than store-bought tubs.

Though the Clark house generally stays away from fast food and ultra-processed groceries now, there is some occasional wiggle room from time to time for a low-calorie, low-carb, ultra-processed dessert like Cool Whip with Jell-O. Even that’s pretty rare these days, Clark said.

Use your hand to measure meals

hand cupping raspberries
Clark uses the palm of his hand to measure portions.

Clark says one of his biggest challenges in the program has been learning not to overeat. It’s something he’s talked over with his coach.

“I am an over eater — that’s my biggest problem,” he said. “I like mass quantities of food.”

Obesity medicine doctors say that’s likely because Clark’s “enough” point became dysregulated: as he gained weight, his brain sent signals to his body to eat more and store more fat, in protection mode against starvation.

With guidance tailored to his body size and a kitchen scale, Clark started measuring out a recommended 7 ounces of protein for lunch and dinner. But his coach also gave him a quick shortcut for thinking about his portion sizes.

“Your hand is your best tool,” he said. “The palm of your hand without your fingers is approximately 7 ounces, that’s a portion of meat.”

Don’t obsess about the numbers on the scale if you know things are moving in the right direction

bathroom scale
Numbers don’t tell the whole story. Waist circumference can be a better measure of overall health.

When Clark started adding regular weightlifting into his workout routine, the number on his bathroom scale stagnated. His coach encouraged him to focus on other metrics instead.

“My muscles are getting bigger, and my waist is getting smaller,” he said. “My coach said, ‘If you’re happy with what you see in the mirror, be happy.'”

Build your tribe

people high fiving
Regular check-ins with buddies, encouraging one another to stay committed to fitness and nutrition goals, can really help.

Clark has been openly sharing his nutrition strategy with family and friends. His son has lost over 100 pounds using his techniques, and one of his long-haul trucking buddies has lost over 80 pounds.

“We talk every night: ‘Hey man, what’d you eat today? Did you work out?'” Clark said. It’s another time-tested strategy: couples, friends, and families who lose weight together tend to have better long-term success.

Now, Clark’s wife is getting interested in the program.

“She sees me, and she’s like, ‘Man, you’re doing really good. I want to try that.'”

Treat yourself to an hour of movement every day

lacing up
Clark looks forward to his uninterrupted, sacred hour for workouts.

Finally, Clark has developed a new routine of working out 6 days a week, alternating heart-healthy cardio (like a run) with weightlifting every other day. Building muscle mass is a great way to maintain the right kind of weight loss, encouraging the body to shed fat instead of muscle. If he’s hungry after, he grabs a protein shake “to fill my muscle stores up.”

“I told my wife: one hour a day, I don’t want anybody to bother me,” Clark said. “No phone calls, no ‘honey, you got to fix the toilet, mow the grass.'”

Now, he looks forward to the dedicated, sacred time for workouts.

“An hour out of a day? Come on. That’s nothing. Give it to yourself and then make it work,” he said.

Read the original article on Business Insider

Trump threatens Canada with 100% tariffs over Beijing trade deal: ‘China will eat Canada alive’

President Donald Trump.
President Donald Trump is threatening Canada with another round of tariffs.
  • President Donald Trump on Saturday threatened to impose 100% tariffs on Canada.
  • Trump warned Ottawa not to make a trade deal with Beijing or face the levies.
  • “China will eat Canada alive, completely devour it,” Trump wrote on Truth Social.

President Donald Trump on Saturday threatened to impose 100% tariffs on all Canadian goods and products exported to the US should Ottawa make a trade deal with China.

In a post on Truth Social, Trump warned Canadian Prime Minister Mark Carney, whom he called “Governor Carney,” against making a “drop off” deal with Beijing or face the levies.

“If Governor Carney thinks he is going to make Canada a ‘Drop Off Port’ for China to send goods and products into the United States, he is sorely mistaken,” Trump wrote.

“China will eat Canada alive, completely devour it, including the destruction of their businesses, social fabric, and general way of life,” he added.

Carney made an official visit to China last week — the first by a Canadian leader since 2017 — meeting with Chinese leader Xi Jinping to discuss economic and trade opportunities between the two countries.

In a joint statement following the meeting, Ottawa and Beijing said they had committed to expanding bilateral trade and investment, as well as building cooperation in areas such as energy and agriculture.

Carney also announced that Canada would now allow up to 49,000 Chinese electric vehicles into the Canadian market on the “most-favoured-nation tariff rate of 6.1%.” In return, he said Canada expected China to lower tariffs on Canadian canola seed to around 15% by March 1.

Trump had initially said that the deal was what Carney “should be doing” and that it was “a good thing for him to sign a trade deal.”

Trump’s changing tone comes days after Carney delivered an impassioned speech at the World Economic Forum in Davos, where he opined on the changing face of global politics since Trump’s election.

“We are in the midst of a rupture, not a transition,” Carney, who did not explicitly name Trump, said, adding that “middle powers must act together because if we’re not at the table, we’re on the menu.”

Trump did not miss the opportunity to snap back at Carney during his own speech at Davos, saying the prime minister “wasn’t so grateful.”

“Canada lives because of the United States. Remember that, Mark, the next time you make your statements,” he added.

Read the original article on Business Insider

I’m set to inherit my childhood home abroad. I’m not sure it will be worth the headache.

A man and a woman taking a selfie.
Katarina Polonska and her husband are both set to inherit properties abroad from their parents.
  • Katarina Polonska lives in Canada but is set to inherit her childhood home in Slovakia.
  • Making the property profitable as a rental would require renovations that could be complicated from abroad.
  • Polonska thinks parents should have an open dialogue with their kids about future inheritances.

This as-told-to essay is based on a conversation with Katarina Polonska, a relationship scientist and coach who will be inheriting her childhood home in Slovakia. Vancouver-based Polonska, 36, said the home needs a lot of work, and it may not be worth managing renovations from abroad. The conversation has been edited for length and clarity.

I’m going to be inheriting my childhood home where I was born. I love it, and it’s very precious to me. But I don’t have any right to it yet.

It’s mostly used as a family holiday home, but ultimately when my mother passes, it’s going to be given to me.

My mother owns it, and there’s no plan to sell it — the value of the home isn’t very high, in fairness. It’s a two-bedroom, one-bathroom. It’s not worth much at all; maybe $80,000 CAD. I don’t think the money would go very far in Canada.

Also, selling it would require a lot of renovations. It’s very old school and needs a lot of TLC, and my mother doesn’t live in Slovakia, she lives in England. So from her perspective, she’s thinking, “Why would I invest 30,000 or 50,000 euros (about $35,245 or $58,742) in a property that I go to a few times a year max? What’s the point?”

She also knows it would to be really complicated to sell it from abroad, having to navigate viewings and trusting realtors and all of this stuff.

The reality is, I’m going to own this foreign property when she passes.

My husband is in a similar situation with a Barbados property

My husband is also waiting to inherit. His mother inherited a property in Barbados from her parents, though she never lived in Barbados.

His mother had to wait to take over the Barbados property, and by the time she took it over, it had declined a little bit and there are always complications with it.

A man and a woman taking a selfie with a mountain range behind them.
Polonska and her husband.

I’ve actually never seen it myself, but I know that there’s a lot of work to be done with the house. But his mother has been holding onto it saying, “You can inherit it and you and Kat can enjoy it.”

But he’s like, “We don’t go to Barbados enough.” It’s just more hassle having to manage and protect a property when you’re not physically in the country.

I think from my perspective, because I’m naive about it, I’m like, keep it, it’d be really nice to have it. But his argument is that the place isn’t in the area of Barbados that I would necessarily want to go to.

He’s really wary. He doesn’t want to be managing the property and he would rather sell it and then distribute the money within his family.

So we both know that there’s going to be this new responsibility on our heads and, candidly, I think life is difficult enough as it is.

The home in Slovakia needs so much work that I probably can’t rent it out as-is

I’m not going to rent the Slovakia home out because it’s from, like, the 1980s. It’s not been renovated. It’s ancient; the wallpaper’s faded.

While Slovakia is kind of an up-and-coming country from a tourism perspective, I don’t think anyone would want to stay in this place as an Airbnb unless it was literally advertised as a historical relic: “Come stay in this ancient old-school apartment!”

The exterior of a residential building in Slovakia.
Polonska’s property in Slovakia.

My husband and I have talked about how we’re probably going to have to renovate it. We know that at some point, we’re probably going to have to take a couple of months to be there physically to renovate it. But when is that going to happen? We both work, and getting to Slovakia is like a 20-hour journey from here.

I think, more realistically, we could just keep the place and treat it as a little getaway to escape to. There is really lovely nature nearby and I don’t have any other properties, so there is merit psychologically to knowing that there is a place that’s home, even if it is halfway across the world.

There needs to be more dialogue between parents and children about inheritances

When it comes to inheriting property, I think there needs to be more dialogue between the parent and the child of, “What do you actually want to do?”

I think a lot of parents have this assumption that leaving a kid the property is the ultimate goal; we’ve made it, we’ve paid off the mortgage, we have this home, and now the kid gets it. Those days are kind of gone.

We don’t live in a world where everyone grows up and lives in the same town or city as their parents. We live in a really global economy. People are moving, people are more transient, and the world has become smaller. It’s also become a lot more expensive, and home ownership isn’t what it used to be.

Parents need to recognize that the world we’re in is very different, and Millennials are not an anxious generation for no reason. We have a lot of stresses. It makes more sense to have a dialogue with your kid around what they want.

I wish parents would ask, “What do you want? Where are you at with your life, and what kind of inheritance makes sense?”

Is it, in fact, a lump sum of cash, because maybe you’re a busy entrepreneur and you don’t have time to sell? Maybe you actually would prefer the parent to sell, which is annoying for the parents, but maybe the kid would prefer that.

Thank you for the inheritance — that’s very generous. But I think quite a lot of kids would probably say it’s not worth it. Either enjoy the money, mom and dad, or cash out, downsize, and just give us a down payment or something.

Read the original article on Business Insider

EDC 2026: Vegas and Orlando festival dates, lineup, and where to buy tickets

When you buy through our links, Business Insider may earn an affiliate commission. Learn more

Attendees dance at the Cosmic Meadow stage during the second night of the Electric Daisy Carnival at the Las Vegas Motor Speedway in the early hours of Sunday, May 19, 2024, in Las Vegas

Electric Daisy Carnival (EDC) is one of the most iconic electronic dance music festivals in the world, known for its immersive production, neon‑lit stages, carnival attractions, and nonstop performances by top DJs across genres such as house, techno, trance, and dubstep. Organized by Insomniac Events, EDC began in the late 1990s as a warehouse party in Los Angeles and has since grown into a global cultural phenomenon that draws hundreds of thousands of fans each year. Its flagship event, EDC Las Vegas, transforms the Las Vegas Motor Speedway into a multi‑day playground of music, art installations, carnival rides, and interactive experiences that celebrate peace, love, unity, and respect — the festival’s core PLUR ethos. Keep reading to learn how to get EDC tickets for you and your group.

In addition to Las Vegas, EDC has expanded globally with editions in places like Orlando, Mexico City, Medellín, Seoul, China, and Thailand, building a worldwide community united by electronic music and immersive live experiences. Whether you’re chasing the pulsing beats at Kinetic Field, exploring interactive art at Neon Garden, or simply soaking up the electric sky with other fans, EDC remains a bucket‑list festival for electronic music lovers.

Find the US EDC schedule below, including the Las Vegas and Orlando events. Don’t forget to head to StubHub and Vivid Seats to reserve your passes before prices increase.

EDC 2026 festival dates

  • May 15, 2026 — Las Vegas, NV at Las Vegas Motor Speedway (EDC Las Vegas, 3‑day festival)
  • May 16, 2026 — Las Vegas, NV at Las Vegas Motor Speedway (EDC Las Vegas, Day 2)
  • May 17, 2026 — Las Vegas, NV at Las Vegas Motor Speedway (EDC Las Vegas, Day 3)
  • November 6, 2026 — Orlando, FL at Tinker Field (EDC Orlando, Day 1)
  • November 7, 2026 — Orlando, FL at Tinker Field (EDC Orlando, Day 2)
  • November 8, 2026 — Orlando, FL at Tinker Field (EDC Orlando, Day 3)

Browse EDC tickets at StubHub and Vivid Seats.

How much are EDC tickets?

If you’re planning to attend EDC Las Vegas, resale prices can run the gamut depending on what kind of experience you want. On StubHub, you’ll find general admission and single‑day passes starting around roughly $337, which gets you into the carnival grounds and most stages. But for those chasing the full VIP or multi‑day experience, StubHub listings extend into the high end — with some passes priced above $2,000 or more for premium weekend packages and exclusive perks like fast‑lane access and VIP lounges.

Vivid Seats shows a similar spread; according to recent ticket listings, EDC Las Vegas tickets can start in the low‑to‑mid‑$300s for individual festival days or basic weekend passes, and climb toward the mid‑to‑high hundreds or beyond as you look at GA+ or more deluxe options. Prices on Vivid Seats are backed by their 100% Buyer Guarantee, giving buyers confidence that their resale ticket will be valid and delivered on time.

For the EDC Orlando edition (held in November 2026 at Tinker Field), resale ticket pricing can be a bit more approachable for many fans. Vivid Seats lists Orlando passes at prices starting around roughly $298—$387 for single days or full weekend access, giving fans a more budget‑friendly way to experience the festival’s lights and top electronic acts.

While StubHub also has listings for Orlando, the range there tends to be similar — more moderately priced than Vegas, since the Orlando festival often doesn’t draw quite as massive crowds or command as high resale premiums. As with Vegas, StubHub’s FanProtect Guarantee helps ensure you’re buying a legitimate ticket that will get you in the gates.

What is the EDC Las Vegas lineup?

While there are dozens of DJs and artists performing at the Speedway this year, highlights for the 2026 EDC lineup include:

  • One Tribe Presents (AMÉMÉ B2B Baron)
  • ØTTA
  • Pablo Bozzi
  • Paul Oakenfold
  • Pinke
  • Pstackoverflow & Sam Binga
  • Prospa B2B Josh Baker
  • Rezz
  • ROZES
  • Rudim3ntal
  • Sabrosura Boyz
  • Sarah de Warren
  • Shlømo
  • Showtek (Hardstyle Set)
  • SIDEPIECE
  • Skepta
  • SLANDER B2B NGHTMRE
  • Tchami x Malaa (No Redemption)
  • Tiësto — “In Search of Sunrise” Set
  • TOKiMONSTA
  • Vintage Culture & Vintage Culture B2B Doozie
  • Vini Vici
  • Yellow Claw

See also: Is StubHub legit? | BTS tickets | Cardi B tickets | PinkPantheress tickets | Ariana Grande tickets | Lily Allen tickets

Follow our Instagram page and WhatsApp channel for more deals and buying guides.

Read the original article on Business Insider

Major airlines drop rebooking fees as winter storm threatens key US cities

Holiday travelers at the airport.
Airlines are expecting more than 30 million passengers during the Thanksgiving travel period.
  • Major airlines are making it free to change your travel plans ahead of a huge winter storm.
  • The storm is expected to affect areas from the Southwest to New England.
  • Here are some tips in case your flight schedule is disrupted.

Major airlines are making it free to change your flights ahead of a dangerous winter storm.

Southwest Airlines, American Airlines, United Airlines, and JetBlue are waiving rebooking fees for flights to and from affected regions this weekend.

If your travel plans this weekend include major cities such as Dallas, Austin, Oklahoma City, Nashville, Atlanta, Charlotte, Washington, DC, Baltimore, Philadelphia, New York City, and Boston, you may want to contact your airline to avoid prolonged delays or cancellations at the airport. The National Weather Service is warning that more than 230 million Americans will be affected, from the Southwest to New England.

Even if you won’t change your plans, your flight may still get canceled. Delta Air Lines said Thursday it is canceling flights at airports in Texas, Oklahoma, Arkansas, Louisiana, and Tennessee, citing safety concerns caused by heavy snow, sleet, and freezing rain. The airline will also be bringing in cold-weather specialists.

As of Thursday evening, based on the Misery Map, which tracks real-time flight disruptions, there hasn’t been a spike in delays or cancellations.

Based on recent storms, such as the one that hit over Thanksgiving and coincided with the end of the government shutdown, mass cancellations may be inevitable. So it’s good to know your passenger rights and your options when things don’t go according to plan.

Know your rights as a passenger

A passenger checks the flight board at Boston airport.
Opt into automatic flight updates via text or email so you don’t miss a flight delay or cancellation notification.

If your flight is canceled and you choose not to rebook, the airline is legally required to provide you with a cash refund — not a voucher or credit.

However, things are different for delays. The Trump Administration recently killed a proposal that would have required airlines to compensate passengers for long delays, so flyers largely have to rely on airline goodwill or their credit cards to get anything for the inconvenience.

Some airlines have committed to providing accommodations, transportation, and food during a controllable overnight delay or cancellation, as outlined in the Airline Customer Service Dashboard.

Controllable disruptions include issues such as maintenance or crew staffing. Frontier Airlines is the only carrier that does not offer accommodations in the event of a controllable overnight delay or cancellation, but it will provide a meal voucher.

It still doesn’t hurt to ask for a meal or hotel voucher when a non-controllable issue arises, such as the weather. The worst they can say is no.

Use your airline’s mobile app to change or cancel your flight

United mobile app.
United mobile app.

During disruptions, airlines often allow you to make changes via their mobile app or website, rather than waiting on clogged phone lines or in long customer service lines.

If this isn’t an option, try an online chat. Carriers like Delta Air Lines allow you to text a representative for help.

You can put yourself in the virtual queue and wait in line at the airport, potentially upping your chances of speaking with an agent sooner.

Here are the phone numbers for each airline:

  • Alaska: 1-800-252-7522 or text 82008
  • Allegiant: 1-702-505-8888
  • American: 1-800-433-7300
  • Avelo: 1-346-616-9500
  • Breeze: No phone number to call, but you can text the airline at 501-273-3931.
  • Delta: 1-800-221-1212
  • Frontier: No phone number. The best way to contact Frontier is via online chat or email.
  • JetBlue: 1-800-538-2583
  • Southwest: 1-800-435-9792
  • Spirit: 1-855-728-3555
  • Sun Country: 1-651-905-2737
  • United: 1-800-864-8331

Check if you have travel insurance through your credit card

Passport and Chase Sapphire Reserve credit card
Passport and Chase Sapphire Reserve credit card

Travel credit cards, such as the Chase Sapphire Reserve and the American Express Platinum, offer built-in insurance that reimburses travelers for hotel, meal, and transportation expenses incurred due to certain flight disruptions.

The weather is typically covered. For this to work, the traveler would have needed to book their flight with that travel card.

If your credit card doesn’t offer travel insurance, it may be worthwhile to purchase a separate trip insurance policy before traveling. This type of insurance can help reimburse costs you might lose due to flight problems, such as prepaid hotel stays or cruise bookings.

However, you must purchase this insurance before any travel disruptions occur — once you know a flight might be affected, it’s likely too late.

Read the original article on Business Insider

Renaissance, Schonfeld, and Engineers Gate stung in a shaky start for quants in 2026

frustrated india stockbroker trader
An Indian broker reacts while trading at a stock brokerage firm in Mumbai, January 22, 2008. Shares from Sydney to London sank for a second day on Tuesday, dragging commodity prices with them and promising similar falls for Wall Street as investors abandoned assets exposed to the risk of a global economic slowdown.
  • Quant funds have had a tough start to the year.
  • The average quant started the year down 1%, according to Goldman Sachs.
  • Managers such as Renaissance Technologies and Schonfeld have lost money in computer-run strategies.

2026 has so far resembled the worst parts of 2025 at many quant hedge fund managers.

The beginning of the year had the worst stretch of losses since early October, according to a Goldman Sachs report, and several big-name managers did not avoid the pain.

HSBC’s Hedge Weekly report states that Renaissance Technologies’ two largest funds lost roughly 4% each through January 9. A person familiar with Schonfeld said the manager’s quant-only strategy was down 3.9% through January 16.

Engineers Gate was down around 6% midway through the month, a person familiar with the matter said.

Renaissance, Schonfeld, and Engineers Gate declined to comment.

The average computer-run equity fund was down 1% through January 15, according to Goldman’s note. The losses were mainly driven by US stocks, which have been choppy to start the year thanks to trade proposals floated by President Donald Trump’s administration. Funds crowding into similar trades have also hurt returns, Goldman notes.

Goldman Sachs chart showing regional quant fund performance in January 2026.
Systematic long-short equities strategies in the US have had a tough start to the year.

Performance on January 16 — not captured in the Goldman note — was especially bad for many quant funds, industry insiders said.

Last year, systematic funds had several extended periods of losses, including a stint in June and July that one consultant described to Business Insider as “a long, slow bleed.” Funds gradually recouped summer losses, but ran into trouble again in early October when crowded trades, a momentum sell-off, and inflated junk stocks led to drawdowns.

While funds again rebounded from those losses, the average quant returned 7.7% last year, according to hedge fund research firm PivotalPath, less than the average fund and the S&P 500’s 2025 gain.

Goldman Sachs chart comparing quant performance during the summer 2025 drawdown vs. the start of 2026.
Quant performance in January is off to a worse start than the deep drawdown last summer.

PivotalPath flagged equity quant crowding as an investor concern in a January report, noting that spikes in crowding measures have preceded previous drawdowns in systematic trading strategies.

Read the original article on Business Insider