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Tag: household

  • The Best Robot Vacuums to Keep Your Home Clean

    The Best Robot Vacuums to Keep Your Home Clean

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    No other product I’ve tested has advanced as quickly as the humble robot vacuum. Just a few short years ago, they were mostly annoying, overpriced devices that fell off steps and got stuck on rugs. Now you can find robot vacs at every price point with an incredible array of features, including mapping capabilities, self-emptying bins, and even cameras.

    Vacuuming an ever-changing household is a complex task, and no robot vacuum is perfect. However, I test them in one of the most challenging environments possible—a carpeted, two-story family home with messy kids and a shedding dog—and I find them indispensable. Whether you’re choking on cat hair, need to lighten your chore load, or just want to spend more time with your family, we have a pick that will help.

    Looking for more cleaning solutions? Check out our Best Dyson Vacuums, Best Cordless Vacuums, and Best Air Purifiers guides for more.

    Updated April 2024: We added the Eufy S1 Pro and X10 Pro Omni, the Dyson 360 Vis Nav, the TP-Link Tapo RV30C Plus, and the Dreame X30. We also added more information on the iRobot and Amazon acquisition and noted a new Samsung robot. We also updated prices and links throughout.

    Special offer for Gear readers: Get WIRED for just $5 ($25 off). This includes unlimited access to WIRED.com, full Gear coverage, and subscriber-only newsletters. Subscriptions help fund the work we do every day.

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    Adrienne So

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  • Which Govee Smart Lighting Kit Should You Buy?

    Which Govee Smart Lighting Kit Should You Buy?

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    Here are a few tips we have learned from using Govee smart lighting for the past few years.

    Installation: Plan installations carefully, particularly with panels, by testing your intended layout before you stick anything to the wall. In particular, think about where the power cord will end up. Clean any surface you intend to stick smart lighting on thoroughly and bear in mind that the adhesive can damage paintwork or wallpaper if you ever remove it.

    Connecting: Even after connecting Govee lights to Wi-Fi, your phone will connect via Bluetooth for direct control and firmware updates. If you’re having trouble connecting, get physically close to your lights (within 6 feet).

    Calibration: Some Govee smart lighting, such as the TV or gaming syncing products, requires a calibration process to work properly. Take your time and follow the instructions precisely for the best results. You can always redo calibration in the Govee app.

    Names: If you didn’t choose a descriptive name during setup or you want to change your light names, select the Device tab, choose a device, and tap the cog at the top right, then Device name to edit. Remember these names will also be used for Alexa and Google Assistant if you set up voice controls, so short and memorable is best.

    Rooms: If you have multiple Govee lights, it is worth tapping the three dots at the top right on the Device tab in the app to select Room Management, create the rooms you want, and add your lights to them. This will make it easier to control groups of lights.

    Voice controls: Since the Govee app is such a mess, for basic stuff day to day, you may prefer using a voice assistant to control your lights. You can link most Govee lights with Amazon Alexa or Google Assistant. You can find detailed instructions in the Govee app. Choose a light on the Device tab, tap the cog at the top right, and look under User Guide. If any other connections, such as Razer Chroma, are available for that device, you’ll find the instructions for them too. Sadly, the Matter-supporting M1 above is the only Govee option so far to work with Apple Homekit.

    Automation: You can schedule lights to turn on and off by selecting them on the Device tab and choosing Timer. You can also create automations on the Automation tab. You can choose to turn all lights off at a certain time every night, but you can also set up triggers to change brightness, color, color temperature, mode, and more (available options depend on the device).

    Colors and effects: Choose a light on the Device tab and tap Effects Lab to find all the available colors and effects to try. If you want to cycle through different effects, tap on Auto-Play, specify how it should change, and create a list of effects to cycle through.

    Explore: You will find some suggestions on the Home tab in the app, but if you look at the bottom, there’s an Explore option (globe icon). The Explore section is a great place to learn more about what your lights can do. You can see group options or select individual devices at the top.

    Discover: One last thing worth looking at on that bottom bar in the app is the Discover section (compass icon). You can find different hashtagged topics and loads of posts and videos made by Govee light owners. It can be a good place to find ideas, tips, and troubleshooting help for your Govee lighting.

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    Simon Hill

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  • Our Favorite Products Made of Upcycled and Recycled Materials

    Our Favorite Products Made of Upcycled and Recycled Materials

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    Humans haven’t been kind to the planet. Climate change is out of control, microplastics are poisoning our oceans, and landfills are overflowing with trash. No matter how much we try to reduce our footprint, we still occasionally need new things. Luckily, some companies have figured out how to reuse waste to make new products from old plastic, textiles, and other materials that would otherwise fill our landfills and oceans. We’ve highlighted our favorites here.

    It’s not a perfect sustainability solution, but if you already need a new portable charger or yoga mat, for example, you can buy one of these items knowing that it’s a little better than the alternative. Check out our other eco-friendly guides, like the Best Recycled Bags, Best Recycled Clothing, Best Eco-Friendly Cleaning Supplies, and Best Reusable Products.

    Updated April 2024: We’ve added the new Nimble Champ portable charger, Humanscale’s Path chair, Bearaby’s Ocean Hugger weighted blanket, Revival’s denim rug, House of Marley’s Redemption 2 ANC headphones, Keiko Furoshiki gift wrap, and the new recycled MakeUp Eraser.

    Special offer for Gear readers: Get WIRED for just $5 ($25 off). This includes unlimited access to WIRED.com, full Gear coverage, and subscriber-only newsletters. Subscriptions help fund the work we do every day.

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    Medea Giordano, Adrienne So

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  • We Found a New Favorite Smart Plug

    We Found a New Favorite Smart Plug

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    With a smart plug, you get the convenience of a smart home without expensive equipment or potentially prying eyes. They help you automate your home and make certain tasks like turning off the lights a little easier. (We like smart bulbs for this reason too.) Appliances like TVs and lamps can go from mindless to smart as soon as you install an app. We’ve tested dozens of smart plugs over the years, and these are our favorites (along with models we dislike).

    Be sure to check out our other smart-home buying guides, including Best Smart Bulbs, Best Security Cameras, Best Smart Speakers, and Best Smart Displays.

    Updated April 2024: The TP-Link Tapo Smart Plug Mini (TP15) has been added as our new top pick. We’ve also added testing notes on a handful of other models, removed some discontinued picks, and updated pricing throughout. Tester Medea Giordano also contributed to this guide.

    Special offer for Gear readers: Get WIRED for just $5 ($25 off). This includes unlimited access to WIRED.com, full Gear coverage, and subscriber-only newsletters. Subscriptions help fund the work we do every day.

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    Nena Farrell

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  • The Best Hair Straighteners to Iron Out Those Kinks

    The Best Hair Straighteners to Iron Out Those Kinks

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    Curls are beautiful, but taking care of and styling them can be a long, frustrating, and often expensive task. Whether you have tight coils, waves, or Shirley Temple spirals, sometimes you just want to smooth them out and not be bothered for a few days. Having a good tool, be it a hair straightener or a blow-dry brush, makes that process easier.

    WIRED’s Gear team has an array of curl types, needs, and hair-styling tricks, and we’ve all tried a lot of hair straighteners in our lifetimes. Some flat irons have left us with crispy ends and cramped hands, while others, like the ones listed here, gave us sleek hair. There’s a dizzying number of options around, but hopefully our favorite hair straighteners can help narrow down your search.

    Updated April 2024: We added GHD’s Chronos flat iron, BabylissPRO Nano Titanium Prima3100 Hair Straightener, and Drybar Reserve Vibrating Styling Iron. We also updated links and pricing.

    Special offer for Gear readers: Get WIRED for just $5 ($25 off). This includes unlimited access to WIRED.com, full Gear coverage, and subscriber-only newsletters. Subscriptions help fund the work we do every day.

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    Medea Giordano, Victoria Woollaston-Webber, Brenda Stolyar

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  • The Best Grills to Up Your Cookout Game

    The Best Grills to Up Your Cookout Game

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    Snow is Melting, birds are migrating, and pitmasters are dusting off their smokers—just kidding, pitmasters never let dust get on a smoker. But grilling season is on the horizon. It’s time to think about getting out the grill, and maybe even replacing it. It’s a little overwhelming though. Which is the right grill for you?

    We’ve been testing grills for years—searing, smoking, grilling, and even baking on them in all kinds of weather—to find the best choice for everyone. Below, you’ll find our top picks for each category (charcoal, gas, pellet, hybrid, and other types) as well as a few alternatives, plus general buying tips if none of these capture your fancy.

    For all your outdoor needs, be sure to check out our other buying guides, like the Best Portable Grills, Best Grilling Accessories, Best Camping Gear, Best Tents, and Best Binoculars.

    Updated March 2024: We’ve added some updated testing notes for various grills, a new section on high-quality charcoal, and updated links and prices throughout.

    Special offer for Gear readers: Get a 1-year subscription to WIRED for $5 ($25 off). This includes unlimited access to WIRED.com and our print magazine (if you’d like). Subscriptions help fund the work we do every day.

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    Scott Gilbertson

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  • Opinion: California has to conserve water. Why is Sacramento dragging its heels?

    Opinion: California has to conserve water. Why is Sacramento dragging its heels?

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    On the heels of two wet winters, it’s easy to forget how close some parts of California came to running out of water a few short years ago. But this climate amnesia will not help us prepare for the next inevitable drought. Since before the state’s founding, the boom-and-bust of drought and flood have shaped our landscapes. In this era of climate change, weather extremes are becoming more common and more severe.

    The robust water supply of the 20th century is no longer reliable. California recently agreed to cut water imports from the Colorado River by 10% not out of altruism, but because we must. The Department of Water Resources projects that the Sierra snowpack — a major source of water for farms and cities — could be reduced by as much as 65% by the end of the century. More immediately, California’s water supply is projected to decrease by 10% as early as 2040. Now is the time to prepare for a drier, less predictable future.

    That’s why we spent nearly two years crafting legislation designed to do just that. We developed and shepherded the passage of two water conservation bills, Senate Bill 606 and Assembly Bill 1668, back in 2018. That legislation established a framework for creating long-term water-use efficiency standards for urban water suppliers that would govern indoor use, allowable water loss and outdoor use. The State Water Resources Control Board was charged with crafting the standards, working with the Department of Water Resources, businesses, environmental advocates and water utilities.

    The process has required compromise all around. The standards for indoor use and allowable water loss were hammered out by 2023, but there has been a delay in finalizing the outdoor-use efficiency standards.

    In large part because of that delay, the water board is about to trample the hard-won work that’s been done so far by allowing water utilities until 2035 or later to implement meaningful reductions. Under the current proposal, according to the board’s “provisional data,” 72% of Californians won’t have to save any additional water for another 10 years. But climate change isn’t waiting another decade to deepen its impacts. We need to stretch every drop from years when we get enough snow, as in this year, to carry us through the hot, dry periods to come.

    SB 606 and AB 1668 and the standards that are being set won’t tell Californians how many times a week to shower or when they can water their yards. The framework creates “water budgets” for water suppliers — customized bottom lines based on population, water use in the service area, climate and the like — that the utilities and their customers can meet in ways that best fit their individual situations.

    The goal of the budgets is to keep faucets flowing and water bills in check by pushing the utilities to invest in efficiency. That means replacing aging infrastructure to reduce wasteful leaks. It means incentivizing users to replace their lawns with California-friendly plants and to update their washing machines, toilets and faucets — all of which utilities can promote through rebates or even by doing the work themselves for households that can’t afford to pay upfront and wait for reimbursement.

    Because the water board’s latest plan for implementing efficiency standards has such an extended timeline, water will inevitably become even more expensive, including for low-income households and communities. While it is true that investing in efficiency costs money, it is the least expensive and fastest way to get our demand for water into balance with increasingly limited supplies. It can give us all more flexibility, so we’re not facing mandatory cutbacks or situations where households worry they can’t afford water for basic needs.

    Dollars not invested in improved efficiency will not be saved; they will instead have to be spent on more expensive options to achieve water sustainability, such as wastewater recycling and desalination plants. These are important tools essential to improving our water security, but they take time to build. Whether a water utility is promoting efficiency or recycling wastewater into drinking water, those costs ultimately get passed on to customers. Viewed in this full context, prioritizing investments in efficiency is raging commonsense.

    It is essential for state leaders to create durable and responsible policy rooted in today’s climate reality. Our water supply is under intense pressure.

    It’s not too late to turn this ship around. We can end the delay in implementing our conservation legislation by reverting to earlier proposed standards for outdoor water use in urban areas and finally holding utilities to appropriate water budgets.

    The state water board must do what is right for our communities, our environment and our future: Make efficiency the top priority. Don’t leave Californians waiting decades longer to make conservation a way of life.

    Robert Hertzberg is a former speaker of the Assembly and former majority leader of the state Senate. Assembly member Laura Friedman (D-Glendale) is running to replace Adam Schiff in the U.S. House of Representatives.

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    Robert Hertzberg and Laura Friedman

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  • 12 Great Couches You Can Order Online

    12 Great Couches You Can Order Online

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    Maybe you have a hand-me-down couch or a thrifted floral confection that isn’t cutting it. Or maybe your seat cushions are sunken in and worse for wear. If you need a new sofa, you’ve come to the right place. A few of us here on the WIRED Gear team have spent several months testing a batch of couches you can order online—no need to leave the house. These are our favorites.

    Much like bed-in-a-box mattresses, ordering a couch online is simpler than it sounds. You simply choose what you want, place an order, and voilà: Several boxes will arrive on your front porch. Assemble the parts and you’re good to go. But it’s important to do your research first. Many couch makers offer sample swatches of fabrics, which you should take advantage of to ensure that the color and feel are exactly what you want. Make sure to measure the area where your couch will be too, as well as doorframes and stairwells for walk-up apartments.

    Updated March 2024: We’ve added two new picks and an honorable mention.

    Special offer for Gear readers: Get WIRED for just $5 ($25 off). This includes unlimited access to WIRED.com, full Gear coverage, and subscriber-only newsletters. Subscriptions help fund the work we do every day.

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    Louryn Strampe, Gear Team

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  • The Best Electric Toothbrushes for Your Pearly Whites

    The Best Electric Toothbrushes for Your Pearly Whites

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    I hate brushing my teeth. I do it because I have to, but it’s a time-consuming, uncomfortable process—two minutes standing in front of the mirror can feel like an eternity. My dentist says I brush too harshly as well. Don’t even get me started on flossing.

    Electric toothbrushes make the whole experience easier. Their vibrations and oscillations can more effectively get rid of plaque on your teeth and gums, and most brushes have a timer that encourages you to brush for the full two minutes. We’ve tested many types, from basic models to fancy ones with oscillating brushes and everything in between. A good brush doesn’t need to cost you more than a few Hamiltons. Listed below are the best electric toothbrushes you can buy. We also have eco-friendly non-electric options if you don’t want to own another device that needs charging.

    Sonic vs. Oscillating Toothbrushes

    There is a seemingly endless array of electric toothbrushes to pick from, but they generally fall into two categories: sonic and oscillating (for U-shaped brushes, see below). The best toothbrush is the one you’ll use twice a day for two minutes. You can buy the most highly rated toothbrush around, but if it feels weird in your mouth or hurts your gums, you might not want to use it.

    Ada S. Cooper, a dentist and consumer adviser spokesperson for the American Dental Association, told me that both styles are effective in reducing plaque, according to recent studies. She notes that you should talk to a dentist about which one will work best for you, and she says to look for the ADA Seal of Acceptance Most of our picks have it. (If they don’t, that doesn’t necessarily mean they’re bad.)

    • A sonic toothbrush looks similar to a manual brush, with an oval brush head. It vibrates gently and quietly, using high-speed side-to-side bristle motion to break up plaque. Sonicare was the first brand to introduce a sonic toothbrush and is probably the most well-known name in the category.
    • Oscillating toothbrushes rotate and pulsate—oscillate means to move or swing back and forth—around the whole tooth. They tend to be louder than sonic brushes and might make your head vibrate more while you brush. You will get used to this if you’re new to electric brushes. Oral-B is probably the best-known brand for these types of electric toothbrushes.

    Updated March 2024: We’ve added the Be Lucent Prism and Made By Dentists sonic toothbrushes. We’ve also moved the Goby brush to the honorable mentions, as customers are having issues getting replacement heads.

    Christopher Null’s reporting contributed to this guide.

    Special offer for Gear readers: Get WIRED for just $5 ($25 off). This includes unlimited access to WIRED.com, full Gear coverage, and subscriber-only newsletters. Subscriptions help fund the work we do every day.

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    Medea Giordano

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  • These Are the Best Dyson Vacuums You Can Buy

    These Are the Best Dyson Vacuums You Can Buy

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    Dyson doesn’t stick to chronological order when naming its stick vacuum models. Sometimes it skips numbers, and sometimes it’ll introduce a lower number as a later model than a higher number. For example, Dyson introduced the V15 immediately after the V11, and then the V12 after the V15. In the broadest sense, the numbers seem to loosely grow larger with each passing release—the V11 is newer than the V10, and the V10 is newer than the V8. But Dyson’s naming system is cryptic enough that even we can’t predict what the subsequent model will be.

    Dyson also has a lot of sub-models, because its naming scheme isn’t confusing enough. Each one has a different number of included tool attachments and accessories. Every model (V7, V8, V10, V11, V15, etc.) seems to introduce new sub-models, so the list just keeps growing, and then there are discontinued sub-models that show up as old stock on websites, typically on sale.

    Detect isn’t exactly a sub-model, but rather part of the name of the V15 Detect and V12 Detect Slim. It refers to the laser detection system that measures particle size and count to customize suction power.

    Absolute is usually the king-of-the-hill version with the most attachments. We can’t list them all, because they vary based on parent model, but expect a variety of brush nozzles, crevice attachments, and motorized roller heads to scrub tough grit off hard floors and out of deep-pile carpets.

    Allergy used to mean that it came with an upgraded filter that traps 99.99 percent of bacteria and dust so it expels cleaner air than regular models, but after the V7, all Dyson stick vacs started including the upgraded filters. It’s largely a legacy designation now, and it hasn’t been used on newer models.

    Motorhead sounds fancy, but it’s the low-end sub-model that comes with a motorized head, a couple of basic brush and crevice tools, and that’s about it. It’s mostly a holdover from the V7 days. Dyson has found other names for basic sub-models.

    Origin, Fluffy, and Animal come with relatively few attachments. The Fluffy and Animal don’t come with any unique attachments particular to usefulness in cleaning up after pets; it’s just become shorthand for “base model with fewer attachments.” The same is true for the Origin, although its name makes more sense.

    Dyson isn’t above combining sub-model names too. The more names Dyson slaps onto a model, the more attachments it comes with. For example, the V8 Animal Pro comes with more stuff than the Animal, but the Animal Pro+ comes with even more than that.

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    Brenda Stolyar

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  • These Are Our Favorite Sheets to Catch Some Z’s

    These Are Our Favorite Sheets to Catch Some Z’s

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    Photograph: Nena Farrell

    Other Great Silk (or Similar) Pillowcases

    • LilySilk 19-Momme Silk Pillowcase for $40: This is the same price as the Quince pillowcase, but a lighter weight, though it’s barely noticeable side by side. If you prefer no zipper, though, this is the silk pillowcase for you. It does have a few colors and prints that Quince doesn’t, so you might want to peruse the two brands and choose based on your color preference.
    • Silken Pure Silk Envelope Pillowcase for $78: This pillowcase is a splurge, but the Silken Pure is noticeably higher-end. Medea found it’s not as slippery as other, cheaper pillowcases, but is super cooling on your skin. She says it’s held up great in the wash too. She does find she has to adjust it in the morning, since it doesn’t have a zipper enclosure.
    • Kitsch Satin Pillowcase for $19: This pillowcase is satin, not silk, but Medea says it’s better than similarly priced silk options. If you’re not looking to spend more than $20 to $25, she says to choose this one over the cheap silk pillowcases you’ll find on Amazon.

    Organic Sheets

    Why buy organic sheets? If you’re buying an organic mattress, you probably want to pair it with organic sheets. Otherwise, nonorganic sheets can bring the chemicals and materials you avoided—including anything from formaldehyde and TCEP (a flame retardant) to phthalates—right back into your life. Even if you have a regular mattress, you can still benefit from choosing sheets that are made of natural, organic materials.

    Our Favorite Organic Sheets

    WIRED reviewer Scott Gilbertson tests organic bedding, and these are the best organic cotton sheets he’s tried. They’re soft but not overly silky, which is a feeling he doesn’t care for (if you do, check out the Avocado sheets below). The Brooklinen organic cotton sheets are made from Global Organic Textile Standard (GOTS)-certified organic cotton. They’re also Oeko-Tex certified, which means they’re tested for and do not contain any known toxic chemicals.

    The 300 thread count makes this plenty crisp and soft but not so tight that you end up sleeping hot. These are a great choice for summer or if, like Scott, you sleep on the warm side even in winter.

    Other Great Organic Sheets

    • Avocado Organic Cotton Sheets for $229: These 600-count sheets are like sleeping on silk or satin and are 100 percent GOTS-certified organic cotton from India. The only potential issue here is that, because they are such a dense weave, they sleep a little warmer than what you might be used to. There’s also a 400-count version we haven’t tested.
    • Avocado Organic Linen Sheets for $499: These linen sheets are some of the heaviest Scott has tried and will likely last you many years, thanks to the heavy weight. They’ll get softer with every wash, but they are initially rougher than other styles of sheets.

    Alternative Materials

    Why buy bamboo or eucalyptus sheets? Companies are making sheets from other materials now too, like bamboo and eucalyptus. The latter usually takes less water than cotton and less harsh chemicals than bamboo to produce sheets. Because bamboo plants grow so quickly, it’s thought to be an eco-friendly resource we can use without depleting the planet. However, it’s not a perfect solution. The process of turning bamboo into fabric uses harsh chemicals, which can actually add to air and water pollution. Bamboo viscose is slightly better than bamboo rayon.

    A Eucalyptus Sheet

    We were already fans of Buffy’s enormous Wiggle Pllow, and now we’re happy to have tried the company’s sheets too. They’re light and airy and yet feel warm, like you’re cozy under your favorite blanket, without making you hot and sweaty. WIRED reviewer Medea Giordano says her husband struggles with waking up sweaty on materials like percale, even when they feel cool to the touch, but he commented on how nice he felt sleeping in these. She did, however, note that they slid up the side of her mattress more than some other sheets.

    The fabric uses a sateen weave but is actually Tencel lyocell, which is made from sustainable wood sources—in this case, eucalyptus—and it’s biodegradable.

    A Bamboo Sheet

    While WIRED reviewer Medea Giordano says she prefers the crispness of percale, these Luxome sheets made from bamboo viscose are the softest bedding she’s ever slept in. They’re silky and drape well, but have deep pockets and elastic straps to keep them on your mattress all night. They’ve held up in the wash too. We were nervous they’d get pilly like some similar cheap soft sheets we’ve tried from Bed Bath and Beyond (RIP) but that hasn’t been the case.

    Other Great Bamboo Sheets

    • Bedsure Bamboo Cooling Sheet Set for $60: This is one of the best cheap sets of sheets we found from stores like Amazon and Walmart, and happened to be bamboo to boot. They’re made from bamboo rayon (instead of viscose, which is better for the environment), and while they aren’t as silky and cool as the Luxome sheets above, they’re a close second.
    • Quince Bamboo Linen Sheet Set for $100: Quince’s bamboo linen sheets are well priced for linen. They have a slightly softer, silkier feel compared to regular linen but still maintain some of the weight and stiffness you’d expect with linen sheets. It’s made with 70 percent bamboo rayon (less ideal than bamboo viscose) and 30 percent linen. These are a little more cooling to sleep on compared to other linen sheets too.
    • Cozy Earth Bamboo Sheet Set for $339: Similar to Luxome, these bamboo sheets are 100 percent bamboo viscose, but they’re pricier. Still, they’re insanely soft and nice and cold to the touch. They warm up after about 15 minutes of lying in bed but still feel almost as if they’ve melted around you.

    A Bamboo Linen Sheet

    Quince’s bamboo linen sheets are well priced for linen. They have a slightly softer, silkier feel compared to regular linen but still maintain some of the weight and stiffness you’d expect with linen sheets. It’s made with 70 percent bamboo rayon (less ideal than bamboo viscose) and 30 percent linen. These are a little more cooling to sleep on compared to other linen sheets too.

    Best Budget Sheets

    On a tight budget? Some of our favorite sheets are surprisingly cheap compared to other similar sets, but they cover a range of sheet styles.

    Our Favorite Budget Sheets

    When I upgraded my mattress after moving across California, I popped into Target to grab its cheapest queen sheet set off the shelf and promptly left the store. Target’s Room Essentials set is made with a plain cotton weave, and I didn’t expect them to hold up for long, especially with my claw-happy cat in the house.

    It’s been four years and I still use these sheets. They’re soft and light after years of use and feel a bit like a favorite T-shirt I’ve worn in the perfect amount. My husband, much to my ire, calls these “the nice sheets” even though we have actual nice sheets. They’re affordable and are comfortable to sleep on.

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    Nena Farrell

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  • Thousands of California homeowners can cut their property tax bill. Here’s how

    Thousands of California homeowners can cut their property tax bill. Here’s how

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    With property tax bills as high as they are in Southern California, you’d think that homeowners would sign up for every break they could get.

    You would be wrong.

    Since 1974, the state of California has offered to reduce the assessed value of any owner-occupied home by $7,000. That, in turn, reduces the home’s annual tax bill. You just have to apply once, and the “homeowners exemption” will be applied automatically to your assessment until you move out or sell.

    According to Los Angeles County Assessor Jeff Prang, however, nearly one-third of county homeowners do not sign up for the exemption. That translates to $30 million in extra tax payments by roughly 435,000 households.

    Granted, that’s not a huge amount of money per household; with property tax rates generally set at 1% of assessed value, the $7,000 exemption saves $70 per year. But after a few years, that would be enough for a bigger TV set in your living room.

    And signing up for the exemption is especially important for homeowners hoping to take advantage of 2020’s Proposition 19, Prang’s office said in a press release Wednesday. The ballot measure allows people to transfer their homes to one or more of their children without it being reassessed for property tax purposes, potentially shielding their offspring from an enormous increase in taxes. But to qualify for this benefit, the recipient of the house must apply for a homeowner’s exemption or disabled veteran’s exemption within one year of the transfer.

    If you lived in your current abode as of Jan. 1 but haven’t claimed a homeowners exemption, you have until Feb. 15 to apply to receive the full $7,000 reduction. After that, the reduction will be prorated, Prang’s office said.

    To claim the exemption, download a form from https://assessor.lacounty.gov/homeowners/homeowner-exemption. Then fill it out with information about yourself, any co-owner and your property, and return it to the assessor’s office.

    Forms are available in English and Spanish. For more information, visit the assessor’s website or call (213) 974-3211.

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    Jon Healey

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  • The Russell 2000 Index has soared, but you might be better off looking elsewhere for quality small-cap stocks

    The Russell 2000 Index has soared, but you might be better off looking elsewhere for quality small-cap stocks

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    The Russell 2000 Index soared 12% in December, which might reflect investors’ exuberance about the state of the U.S. economy — it appears the Federal Reserve has won its battle against inflation.

    But if you are looking to broaden your exposure to the stock market beyond the large-cap S&P 500
    SPX,
    buying shares of a fund that tracks the Russell 2000 Index
    RUT
    might not be the best way to do it. This is because the Russell 2000 isn’t selective — it is made up of the smallest 2,000 companies by market capitalization in the Russell 3000 Index
    RUA,
    which itself is designed to capture about 98% of the U.S. public equity market.

    A better choice might be the S&P Small Cap 600 Index
    SML
    because S&P Global requires companies to show four consecutive quarters of profitability to be initially included in the index, among other criteria.

    Below is a screen of analysts’ favorite stocks among the S&P Small Cap 600, along with another for the Russell 2000.

    Watch for a “head fake”

    Much of the small-cap buying in December might have resulted from covering of short positions by hedge-fund managers. This idea is backed by the timing of trading activity immediately following the Federal Open Market Committee’s announcement on Dec. 13 that it wouldn’t change its interest-rate policy, according to MacroTourist blogger Kevin Muir. The Fed’s economic projections released the same day also indicate three cuts to the federal-funds rate in 2024.

    Heading into the end of the year, a fund manager who had shorted small-caps, and then was surprised by the Fed’s interest-rate projections, might have scrambled to buy stocks it had shorted to close-out the positions and hopefully lock in gains, or limit losses.

    That buying activity and resulting pop in small-cap prices could set up a typical “head fake” for investors as the new year begins, according to Muir.

    The long-term case for quality

    Looking at data for companies’ most recently reported fiscal quarters, 58% of the Russell 2000 reported positive earnings per share, according to data provided by FactSet. In other words, hundreds of these companies were losing money. These might include promising companies facing “binary events,” such as make-or-break drug trials in the biotechnology industry.

    In comparison, 78% of companies among the S&P Small Cap 600 were profitable, and 93% of the S&P 500 were in the black.

    Here are long-term performance figures for exchange-traded funds that track all three indexes:

    ETF

    Ticker

    2023

    3 years

    5 years

    10 years

    15 years

    20 years

    iShares Russell 2000 ETF

    IWM 17%

    7%

    61%

    99%

    428%

    365%

    iShares Core S&P Small Cap ETF

    IJR 16%

    25%

    69%

    129%

    540%

    515%

    SPDR S&P 500 ETF Trust

    SPY 26%

    34%

    108%

    210%

    629%

    527%

    Source: FactSet

    An approach tracking the S&P Small Cap 600 has outperformed the Russell 2000 for all periods, with margins widening as you go further back.

    Brett Arends: You own the wrong small-cap fund. How to get into a better one.

    Looking ahead for quality… or not

    For the first screen, we began with the S&P Small Cap 600 and narrowed the list to 385 companies covered by at least five analysts polled by FactSet. Then we cut the list to 92 companies with “buy” or equivalent ratings among at least 75% of the covering analysts.

    Here are the 20 remaining stocks among the S&P Small Cap 600 with the highest 12-month upside potential indicated by analysts’ consensus price targets:

    Company

    Ticker

    Share “buy” ratings

    Dec. 29 price

    Consensus price target

    Implied 12-month upside potential

    Vir Biotechnology Inc.

    VIR,
    +4.47%
    88%

    $10.06

    $32.00

    218%

    Arcus Biosciences Inc.

    RCUS,
    +3.04%
    82%

    $19.10

    $41.00

    115%

    Xencor Inc.

    XNCR,
    +6.03%
    92%

    $21.23

    $39.83

    88%

    Dynavax Technologies Corp.

    DVAX,
    +2.86%
    100%

    $13.98

    $24.80

    77%

    ModivCare Inc.

    MODV,
    +0.95%
    100%

    $43.99

    $75.50

    72%

    Xperi Inc

    XPER,
    +1.81%
    80%

    $11.02

    $18.20

    65%

    Thryv Holdings Inc.

    THRY,
    100%

    $20.35

    $32.75

    61%

    Ligand Pharmaceuticals Inc.

    LGND,
    +1.25%
    100%

    $71.42

    $114.80

    61%

    Green Plains Inc.

    GPRE,
    -1.67%
    80%

    $25.22

    $40.30

    60%

    Patterson-UTI Energy Inc.

    PTEN,
    +0.28%
    75%

    $10.80

    $17.00

    57%

    Ironwood Pharmaceuticals Inc. Class A

    IRWD,
    +8.48%
    83%

    $11.44

    $17.83

    56%

    Catalyst Pharmaceuticals Inc.

    CPRX,
    +1.78%
    100%

    $16.81

    $26.20

    56%

    Payoneer Global Inc.

    PAYO,
    -3.45%
    100%

    $5.21

    $8.00

    54%

    Helix Energy Solutions Group Inc.

    HLX,
    -2.63%
    83%

    $10.28

    $15.00

    46%

    Arlo Technologies Inc.

    ARLO,
    -3.05%
    100%

    $9.52

    $13.80

    45%

    Pacira Biosciences Inc.

    PCRX,
    -5.16%
    100%

    $33.74

    $48.40

    43%

    Privia Health Group Inc.

    PRVA,
    +2.95%
    100%

    $23.03

    $32.53

    41%

    Semtech Corp.

    SMTC,
    -1.23%
    92%

    $21.91

    $30.90

    41%

    Talos Energy Inc.

    TALO,
    +1.19%
    78%

    $14.23

    $20.00

    41%

    Digi International Inc.

    DGII,
    -1.21%
    100%

    $26.00

    $36.14

    39%

    Source: FactSet

    Any stock screen should only be considered a starting point. You should do your own research to form your own opinion before making any investment. one way to begin is by clicking on the tickers for more about each company.

    Click here for Tomi Kilgore’s detailed guide to the wealth of information available for free on the MarketWatch quote page.

    Moving on to the Russell 2000, when we narrowed this group to stocks covered by at least five analysts polled by FactSet, we were left with 936 companies. Among these, 355 have “buy” or equivalent ratings among at least 75% of the covering analysts.

    Among those 355 stocks in the Russell 2000, these 20 have the highest implied upside over the next year, based on consensus price targets:

    Company

    Ticker

    Share “buy” ratings

    Dec. 29 price

    Consensus price target

    Implied 12-month upside potential

    Karyopharm Therapeutics Inc.

    KPTI,
    +4.18%
    75%

    $0.87

    $6.00

    594%

    Rallybio Corp.

    RLYB,
    +0.42%
    100%

    $2.39

    $16.50

    590%

    Vor Biopharma Inc.

    VOR,
    -0.89%
    100%

    $2.25

    $15.44

    586%

    Tenaya Therapeutics Inc.

    TNYA,
    -0.62%
    100%

    $3.24

    $19.14

    491%

    Compass Therapeutics Inc.

    CMPX,
    -5.13%
    86%

    $1.56

    $9.17

    488%

    Vigil Neuroscience Inc.

    VIGL,
    +2.66%
    88%

    $3.38

    $18.75

    455%

    Trevi Therapeutics Inc.

    TRVI,
    -2.99%
    100%

    $1.34

    $7.33

    447%

    Inozyme Pharma Inc.

    INZY,
    +1.64%
    100%

    $4.26

    $21.00

    393%

    Gritstone bio Inc.

    GRTS,
    +6.86%
    100%

    $2.04

    $10.00

    390%

    Actinium Pharmaceuticals Inc.

    ATNM,
    +4.72%
    83%

    $5.08

    $23.36

    360%

    Lineage Cell Therapeutics Inc.

    LCTX,
    86%

    $1.09

    $4.83

    343%

    Century Therapeutics Inc.

    IPSC,
    +9.64%
    86%

    $3.32

    $14.67

    342%

    Acrivon Therapeutics Inc.

    ACRV,
    +1.83%
    100%

    $4.92

    $21.13

    329%

    Avidity Biosciences Inc.

    RNA,
    +1.22%
    100%

    $9.05

    $37.50

    314%

    Longboard Pharmaceuticals Inc.

    LBPH,
    +316.25%
    100%

    $6.03

    $24.17

    301%

    Omega Therapeutics Inc.

    OMGA,
    -1.33%
    100%

    $3.01

    $12.00

    299%

    Allogene Therapeutics Inc.

    ALLO,
    +12.77%
    82%

    $3.21

    $12.79

    298%

    X4 Pharmaceuticals Inc.

    XFOR,
    +5.21%
    86%

    $0.84

    $3.26

    289%

    Caribou Biosciences Inc.

    CRBU,
    -2.79%
    89%

    $5.73

    $22.25

    288%

    Stoke Therapeutics Inc.

    STOK,
    +11.41%
    78%

    $5.26

    $19.33

    268%

    Source: FactSet

    That’s right — this Russell 2000 list is all biotech. And in case you are wondering if any companies are on both lists, the answer is no.

    Don’t miss: 11 dividend stocks with high yields expected to be well supported in 2024 per strict criteria

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  • Sleep Number’s stock falls 30% as company saw demand change ‘abruptly’

    Sleep Number’s stock falls 30% as company saw demand change ‘abruptly’

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    Shares of Sleep Number Corp. tanked 30% in the after-hours session Tuesday after the mattress maker and retailer swung to a surprise quarterly loss, predicted a loss for the full year and said it reached an agreement with a shareholder that had been pushing for change.

    It was a “challenging” quarter for Sleep Number
    SNBR,
    -1.41%

    and the bedding industry, Chief Executive Shelly Ibach said. “The consumer demand trajectory changed abruptly midway through the quarter,” Ibach said.

    Sleep Number “acted quickly to further reduce costs, recalibrate our sales and marketing approach, and amend our credit agreement to provide additional covenant flexibility through the end of 2024,” she said.

    Sleep Number lost $2.32 million, or 10 cents a share, in the third quarter, versus earnings of $5 million, or 22 cents a share, in the year-ago quarter.

    Revenue dropped 13% to $473 million, the company said.

    Analysts polled by FactSet expected the company to earn 16 cents a share on sales of $509 million in the quarter.

    Sleep Number also kicked off a plan to reduce costs in light of the lower demand. It hopes the plan will result in about $50 million less in operating expenses next year, the company said.

    The cost-restructuring actions are “broad-based” and include layoffs as well as store closures, the company said.

    The layoffs will occur “across all areas of the organization,” including in corporate and research and development, the company said. It plans to close 40 to 50 stores by the end of next year, and slow down the rate of new-store openings and remodels.

    The restructuring will result in up to $20 million in one-time costs, with about $10 million of the costs falling in the fourth quarter, the company said.

    Sleep Number also dialed back its 2023 EPS outlook, calling for a per-share loss of up to 70 cents, including the fourth-quarter restructuring charges.

    That compares with a July guidance of 2023 EPS in a range between $1.25 and $1.75.

    Separately, Sleep Number appointed Stephen E. Macadam and Hilary A. Schneider to its board, effective immediately, expanding the board to 12 people.

    In conjunction with the appointments, Sleep Number entered into a cooperation agreement with shareholder Stadium Capital Management LLC.

    As part of the agreement, the board has established a “capital allocation and value enhancement committee” to review capital use and investments, it said.

    Independent director Michael J. Harrison said that the company was “grateful to have reached an agreement with Stadium Capital on a constructive path forward and are looking forward to working with Steve and Hilary toward our common goal of delivering long-term value for our shareholders.”

    Stadium Capital, which owns about 9% of Sleep Number, published a letter in September criticizing the company, its executives, and the “abysmal” shareholder returns.

    Shares of Sleep Number have lost 38% so far this year, contrasting with gains of about 14% for the S&P 500 index
    SPX.

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  • U.S. household wealth rises to record $154.28 trillion in second quarter

    U.S. household wealth rises to record $154.28 trillion in second quarter

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    The numbers: Total U.S. household net worth rose $5.5 trillion to a record $154.28 trillion in the second quarter, the Federal Reserve said Friday. This is the third straight quarterly increase.

    Key details: The gain was boosted by a $2.6 trillion gain in stocks. The value of real estate holdings rose $2.5 trillion in the three months.

    Household debt rose at a 2.7% annual rate in the second quarter. Mortgage debt grew at a 2.8% annual rate.

    Big picture: The health of the consumer has been a big factor in the surprising strength of the U.S. economy this year. Talk of a recession has vanished and the economy seems to be strengthening as the year progresses.

    Market reaction: Stocks
    DJIA

    SPX
    were higher in Friday trading while the 10-year Treasury yield
    BX:TMUBMUSD10Y
    rose to 4.26%.

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  • Austin Pets Alive! | Offering Hearts and Home to Better Dogs Lives

    Austin Pets Alive! | Offering Hearts and Home to Better Dogs Lives

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    Aug 05, 2023

    We love getting to know the pets while they are at the shelter, but when you take the dog out of the shelter environment, you get to see their personality really blossom!

    Jessie and Chris Montoya have had a front row seat witnessing many fosters bloom since 2017. When APA! jumped into action to support the dogs and cats who needed help during hurricane Harvey, many individuals and families joined in, including the Montoyas. This couple knew they could offer their hearts and homes to pets in need and quickly found their niche form of fostering — offering time, space and consistent love to dogs who have some personality quirks that may offer hurdles to finding their loving home. They quickly joined in on our 5-Star Foster Program and the latest dog to benefit from their dedication? Beautiful, fun-loving, 1.5 year old Annette, foster number 12!

    Prior to moving into the Montoya household, Annette was offered residency in one of our “tiny cabins,” which are small buildings meant to replicate home life and utilized to support the pets who need to destress from the hustle and bustle of being in a kennel. Having spent a few weeks in her own private suite, she was primed and ready for when The Montoyas let us know they were ready to bring in a new foster — this time, bringing along their own dog Fin, an APA! Alum, to make the choice! Jessie and Fin met Annette on a hot day in mid-July. She immediately showed them how fun, funny and goofy she is. The two dogs clicked instantly and everyone knew that this was the next dog the Montoya family would host. So off to foster Annette went, tail wags and all!

    As a young dog, Annette still has some puppy-like behavior to work out, such as getting a handle on her mouthiness and knowing when to contain her zoomies, but she also knows how to chill. She loves to get out on the trail and hike or jog for long distances. She’s also perfectly house trained and does well on her own for an entire work day. And while the stress of the shelter prevented her from enjoying playing with dogs, thanks to this amazing household, we now know that she can thrive with and create a beautiful relationship with other dogs! She loves Fin as evidenced by their long wrestling sessions that end in snuggles!

    In just a few short weeks, this sweet girl has grown so much! We’re so proud of her, and grateful for dedicated fosters like Jessie and Chris Montoya. Annette is ready for her adoptive home and The Montoyas are ready to help lucky number 13. Let’s get Annette into an adoptive home so one more dog will have the great privilege of spending time with this amazing family!

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  • From meme stocks to empty shelves: The top 5 reasons Bed Bath & Beyond failed

    From meme stocks to empty shelves: The top 5 reasons Bed Bath & Beyond failed

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    Bed Bath & Beyond went from homeware powerhouse to the retail doghouse over the course of the last decade. 

    But its final push into Chapter 11 bankruptcy protection Sunday resulted from a mix of bad decisions and forces beyond its control, the company explained in a new court filing. In the 93-page document, Holly Etlin, chief restructuring officer and chief financial officer of Bed Bath & Beyond BBBY, tried to explain how things went so wrong. Here are the top five choices and moments that ultimately spelled the retailer’s…

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  • Bed Bath & Beyond: from home-goods behemoth to bankruptcy

    Bed Bath & Beyond: from home-goods behemoth to bankruptcy

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    It’s the end of the road for Bed Bath & Beyond Inc., a company that was once a shining star of U.S. retail. 

    The troubled home-goods retailer BBBY filed for chapter 11 on Sunday, after spending several months teetering on the brink of bankruptcy. The company said it aims to achieve an orderly wind down of its operations, while also seeking to find an interested buyer for some or all of its assets. It has $240 million of debtor-in-possession financing to provide the liquidity needed to support its operations through the process….

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  • Employees asked about their canceled bonuses. The CEO warned them against living in ‘Pity City.’

    Employees asked about their canceled bonuses. The CEO warned them against living in ‘Pity City.’

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    The chief executive of the high-end office-furniture company MillerKnoll has gone viral. And probably not in a manner she would prefer.

    In a leaked Zoom call of a MillerKnoll staff town hall last month, CEO Andi Owen addressed concerns from employees about the company’s decision to withhold bonuses. It quickly descended into her lambasting staff for complaining about the move.

    “Questions came through about, ‘How can we stay motivated if we’re not going to get a bonus?‘ ” she says in the meeting recording. Owen — tapped in 2021 by Fast Company as one of the most creative people in business and celebrated that same year in the New York Times for her navigation of the coronavirus pandemic and swing-state sociopolitics — tells employees of the Zeeland, Mich., company to focus on things the company can control, such as customer service.

    From the archives (April 2021): Herman Miller and Knoll to merge in $1.8 billion deal that will create design leader as companies reimagine office

    “Don’t ask about: What are we going to do if we don’t get a bonus?” she says, growing animated, even, apparently, agitated. “Get the damn $26 million. Spend your time and your effort thinking about the $26 million we need and not thinking about what you’re going to do if you don’t get a bonus. All right? Can I get some commitment for that? I would appreciate that.”

    Though she didn’t specifically identify the significance of the $26 million figure, the company’s operating expenses rose by exactly that amount in its third quarter due to “voluntary and involuntary reductions in the company’s workforce and charges for the impairment of assets associated with the decision to cease operating fully as a stand-alone brand.”

    MillerKnoll’s third-quarterly filing showed that the furniture maker — the product of a 2021 merger of the Herman Miller and Knoll brands, behind products such as the Eames lounge chair and the Saarinen Tulip table, respectively — expects lower sales in the fourth quarter after posting a decline in orders and sales margins in the three months ending March 4.

    Owen recalls in the video that a past employer told her, “You can visit Pity City, but you can’t live there.”

    “So, people, leave Pity City,” she continues, exclaiming: “Let’s get it done.”

    “You have to be a psychopath to say this stuff to your employees when you are taking a massive bonus. Does she think they won’t find out?” asked one Twitter user.

    “Plenty going on here but one of many things that leapt out to me was that mere moments after she went with the ‘be kind to people’ bit, she was yelling at workers,” another said.

    The company said that the widely shared video clip had been taken out of context.

    “Andi fiercely believes in this team and all we can accomplish together, and will not be dissuaded by a 90-second clip taken out of context and posted on social media,” a spokesman said in a statement.

    Owen made $5 million last year. The company has yet to say how much she will make this year. The company this year has expensed $15.7 million in stock-based compensation.

    MillerKnoll shares
    MLKN,
    -2.38%

    have dropped 12% in 2023, compared with the 8% gain for the benchmark S&P 500
    SPX,
    +0.02%
    .

    Other MillerKnoll brands include Design Within Reach, acquired by Herman Miller a decade ago and recognized as having made the iconic midcentury designs of Charles and Ray Eames, Isamu Noguchi, George Nelson, and others available to a wider, if affluent, audience without engaging an interior designer; the Danish design brand Hay; and Holly Hunt.

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  • Walmart, Home Depot, Meta, DocuSign, Medtronic, and More Stock Market Movers

    Walmart, Home Depot, Meta, DocuSign, Medtronic, and More Stock Market Movers

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    • Order Reprints

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