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In 2021, there were nearly 700,000 divorces — both celebrity and not — across the 45 states that gather this data. If the case goes to trial, Douglas said, the cost can be even higher. Divorce entails big financial, life changesWith divorce comes a lot of life changes — significant ones. Norman estimates this life event cost him between $172,799 and $191,000. "We bought a boat for the kids ... then there was this custody battle and it just drained all of my accounts."

Persons: Johnny Depp, Amber Heard, Jennifer Lopez, Marc Anthony, Katie Holmes, Tom Cruise, Joe Jonas, Sophie Turner, —, Elizabeth Douglas, Douglas, There's, John Norman, Norman, hadn't Organizations: Douglas Family Law Locations: U.S, New York, Ithaca , New York

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy getting divorced costs so muchDivorces are not uncommon in the U.S. They're also not cheap. While no one plans on getting divorced, if you have to get divorced there are ways to keep your costs down. Watch this video to learn what you can do to prevent your divorce from being a significant financial burden on yourself and your family.

Persons: They're Locations: U.S

If you're making $120,000 per year, saving $1 million for retirement might seem out of reach. But with a little dedication and the right timing, it's certainly possible — if you stick to a clear plan. As a rule of thumb, most financial advisors suggest that you save 10% to 15% of your salary for retirement. But if your goal is to get to $1 million, the percentage you need to invest will vary drastically depending on how old you are when you start investing. Watch the video above to learn how much you should be saving to reach your goal.

Organizations: CNBC, Finance

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow to retire with $1 million if you're making $120,000 per yearYou can save $1 million for retirement while making $120,000 per year, but it's easier if you start investing as soon as possible. Here's a breakdown of how much of your salary you'll need to invest.

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow soaring demand for Ozempic and Wegovy have led to Novo Nordisk's meteoric riseNovo Nordisk has experienced astounding growth in the past few years with its new diabetes and obesity care drugs, Ozempic and Wegovy. Besides what they've done to transform the company's financials, the drugs also boast the potential to help solve the obesity crisis along with aiding in the treatment of cardiovascular diseases. Analysts say the drugs could be worth up to $300 billion annually in the near future.

Organizations: Novo Nordisk

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow to retire with $1 million if you're making $80,000 per yearYou can save $1 million for retirement while making $80,000 per year, but it's easier if you start investing as soon as possible. Here's a breakdown of how much of your salary you'll need to invest.

If you're making $80,000 per year, the thought of racking up $1 million for retirement might seem daunting. But with a little dedication and the right timing, it's likely within reach — if you stick to a clear plan. As a rule of thumb, most financial advisors suggest that you save 10% to 15% of your salary for retirement. These numbers assume that you plan to retire at age 65 and have no money in savings now. Watch the video above to learn how much you should be saving to reach your goal.

Organizations: CNBC

"Boarding is one of the most difficult parts of air travel and frustrating to a lot of passengers," said Leslie Josephs, CNBC's airline reporter. In the 1970s, Southwest Airlines' average turn time, from the moment a plane arrives at the gate to the time it leaves, was only 10 minutes. Flight delays cost airlines and passengers about $33 billion each year, according to government data. But experts say speeding up the boarding process is not really a priority for airlines — they've monetized everything about it. "The different boarding groups that we see today have emerged because people value their priority in boarding," said Kerry Philipovitch, former senior vice president of customer service at American Airlines.

Persons: Leslie Josephs, Chris Parks, Josephs, Kerry Philipovitch, Kerry Organizations: Southwest Airlines, American Airlines

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy airplane boarding is inefficient — and likely to remain soWe all know airplane boarding isn't the most exciting part of a trip. But have you ever questioned why the process isn't faster? There are different boarding methods: front-to-back; back-to-front; random; unassigned seating; and window, middle, aisle (WILMA). CNBC got a behind-the-scenes look in Atlanta where Southwest Airlines is prototyping new solutions to speed up the process. Will we soon see a faster boarding method?

Persons: WILMA Organizations: CNBC, Southwest Airlines Locations: Atlanta

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S. car loans total $1.5 trillion. Why consumers are strugglingCar loan debt in the U.S. is at a record high of $1.56 trillion. Between the Covid-19 pandemic, supply chain issues, alleged predatory lending practices, inflation, and the Federal Reserve's interest rate hikes, getting an auto loan has gotten more stressful, difficult and expensive. CNBC spoke with Chase Auto and Toyota Financial Services. Here's what they say is happening in the auto loan industry and what consumers can do to ensure they're protected.

Organizations: U.S, CNBC, Chase Auto, Toyota Financial Services Locations: U.S

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow to earn $40,000, $50,000 and $60,000 in interest alone every year for retirementAn interest-only retirement plan can fund your retirement without draining your savings, but you will need to save a lot of money to make it possible. CNBC crunched the numbers, and we can tell you how much you need to save every month, broken down by age, to get $40,000, $50,000 and $60,000 every year in an interest-only retirement. Check out this video to learn how much you will need to turn that dream into a reality.

Organizations: CNBC

The thought of retiring and funding your retirement adequately might be daunting. Retirement usually entails replacing your annual salary from a workplace with other income sources to maintain your current lifestyle. While Social Security may cover part of your budget, there are understandably reasons to be concerned about how much you could receive from Social Security by the time you retire. The rest of your money will most likely need to come from your savings and investments. CNBC crunched the numbers, and we can tell you how much you need to save now to get $40,000, $50,000 and $60,000 every year in retirement, without taking a bite out of your principal.

Persons: you'll, It's Organizations: Social, Social Security, CNBC

Their tipping behavior might be especially revealing, said Irina Manta, a New York-based dating coach and consultant. Simply put, not leaving a good tip — or any tip — can be a huge turn off, Manta added. Blaine Anderson, a dating coach for men in Austin, Texas, agreed, Tipping "is important because it can be a proxy for how you treat everyone in your life." 'Make sure you're doing the minimum'But if you're confused about how much to tip and when on a date, you're not alone. Manta, the New York dating coach, said it was bad form to be too nosy about your date's tipping practices.

Persons: Daria, Istock, Irina Manta, Manta, Blaine Anderson, Nick Leighton, Leighton, Post, Anderson, Sherlock Holmes Locations: New York, Austin , Texas, York

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow to earn $80,000, $90,000 and $100,000 in interest alone every year for retirementAn "interest-only" retirement plan can fund your retirement without draining your savings, but you will need to save a lot of money to make it possible. CNBC crunched the numbers, and we can tell you how much you need to save every month, broken down by age, to get $80,000, $90,000 and $100,000 every year in an interest-only retirement. Check out this video to learn how much you will need to turn that dream into a reality.

Organizations: CNBC

While the thought of funding your retirement adequately might be daunting, if you start planning now, you'll certainly be thankful later. It's never too early to start thinking about retirement and it might not be as difficult as you think. Retirement usually entails replacing your annual salary from a workplace with other income sources to maintain your current lifestyle. While Social Security may cover part of your budget, there are understandably reasons to be concerned about how much you could receive from Social Security by the time you retire. CNBC crunched the numbers, and we can tell you how much you need to save now to get $80,000, $90,000 and $100,000 every year in retirement, without taking a bite out of your principal.

Persons: you'll, It's Organizations: Social, Social Security, CNBC

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy Social Security won't run outIf you have job, a chunk of each paycheck goes toward Social Security. The program is a lifeline for millions of Americans. In 2023, nearly 70 million Americans will receive a Social Security benefit every month. Those checks are especially important for disabled Americans, retirees and family members who lost a loved one. If action isn't taken, Americans might see a cut in their benefits starting in 2034.

Organizations: Social Security

Social Security has likely touched your life or the life of someone you know. While you're working, a chunk of your paycheck goes toward Social Security. In 2023, nearly 70 million Americans will receive a Social Security benefit every month. The Social Security Board of Trustees projected in its annual report that the combined asset reserves of the Social Security trust funds will become depleted in 2034, one year sooner than previously projected. A woman stands outside a U.S. Social Security Administration building in Burbank, California, Nov. 5, 2020.

Persons: it's, Kathleen Romig, Valerie Macon Organizations: Security, Social Security, Budget, Social, Social Security Administration, AFP, Getty Locations: Burbank , California

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy inflation is so stickyEverything is more expensive. Overall consumer prices are about 13% higher than they were in April 2021 and Americans are feeling the pain. Inflation, or the rate prices are increasing in the general economy, has been a persistent problem the past two years. The Federal Reserve had hoped inflation would normalize as the pandemic's volatility subsided, but prices have stubbornly stayed well above its 2% goal. Watch the video above to learn why inflation sticks around and what we can do about it.

Organizations: Federal Reserve

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere's how banks finance credit card rewardsRewards credit cards are everywhere and Americans love them. About 90% of all credit card spending is on rewards cards. In 2019, consumers received about $35 billion in rewards. But how are banks paying for all these perks? Some economists claim there's an annual redistribution of more than $15 billion from less to more educated, poorer to richer and high- to low-minority areas, widening existing disparities.

About 90% of all credit card spending is on rewards cards. More from Personal Finance:5 ways to start paying down credit card debtDoes America's credit habit make a recession inevitable? What to do as credit card rates keep climbingIn 2019, in return for all the spending on these types of credit cards, the largest U.S. banks paid out nearly $35 billion in rewards. In that same year, banks reported more than $140 billion in revenue from all credit cards. More than half of that revenue comes from rewards credit cards, according to Agarwal.

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow to earn $60,000, $70,000 and $80,000 in interest alone every year in retirementAn "interest-only" retirement plan can fund your retirement without draining your savings, but you will need to save a lot of money to make it possible. CNBC crunched the numbers, and we can tell you how much you need to save every month, broken down by age, to get $60,000, $70,000 and $80,000 every year in an interest-only retirement. Check out this video to learn how much you will need in order to turn that dream into a reality.

It's never too early to start thinking about retirement. While the thought of funding your retirement adequately might be daunting, if you start planning now you'll certainly be thankful later. Retirement usually entails replacing your annual salary from a workplace with other income sources to maintain your current lifestyle. While Social Security may cover part of your budget, the rest of your money will most likely need to come from your savings and investments. CNBC crunched the numbers, and we can tell you how much you need to save now to get $60,000, $70,000 and $80,000 every year in retirement — without taking a bite out of your principal.

Choosing whether to rent or buy has never been a simple decision — and this ever-changing housing market isn't making it any easier. With surging mortgage rates, record rents and home prices, a potential economic downturn and other lifestyle considerations, there's so much to factor in. "This is an extraordinarily unique market because of the pandemic and because there was such a run on housing so you have home prices very high, you also have rent prices very high," said Diana Olick, senior climate and real estate correspondent for CNBC. In December 2022, it was more cost-effective to rent than buy in 45 of those metros, the real estate site found. In the top 10 metro regions that favored renting, monthly starter homeownership costs were an average of $1,920 higher than rents.

☆ How to determine if you should rent or buy in the current real estate market
▼ + stars: | 2023-04-26 | by ( Emily Lorsch | Tala Hadavi | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow to determine if you should rent or buy in the current real estate marketTo rent or buy has never been a simple decision and this ever-changing housing market isn't making it any easier. With surging mortgage rates, record rents and home prices, a potential economic downturn and other lifestyle considerations, there's so much to factor in.

☆ Why tipping in the United States has gotten out of hand
▼ + stars: | 2023-04-01 | by ( Emily Lorsch | Tala Hadavi | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy tipping in the United States has gotten out of handTipping in the United States is on the rise to such a degree that experts call it "tipflation." The social pressure to tip well in front of the tip receiver, before a service is completed, or in front of other customers, encourages the trend, and the pandemic also has played a part in causing tips to soar. With Americans feeling the push to tip in higher percentages and for more services, the question is, where is the tipping point?

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