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The upside of higher interest rates
  + stars: | 2024-05-03 | by ( Sharon Epperson | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe upside of higher interest ratesThe Federal Reserve is keeping rates at a 23-year high. While that's tough for borrowers, it's a benefit for savers. CNBC's Senior Personal Finance Correspondent Sharon Epperson explains.
Persons: Sharon Epperson Organizations: Federal, Finance
How to adjust to high interest rates
  + stars: | 2024-05-02 | by ( Sharon Epperson | ) 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 adjust to high interest ratesThe cost of borrowing will continue to be high as the Federal Reserve has kept its interest rate policy the same. CNBC Senior Personal Finance Correspondent Sharon Epperson shares tips for how to manage debt payments.
Persons: Sharon Epperson Organizations: Federal Reserve, CNBC, Finance
Why Series I savings bonds are losing their luster
  + stars: | 2024-05-01 | by ( Sharon Epperson | ) 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 Series I savings bonds are losing their lusterI bonds were all the rage a couple of years ago, when the interest rate hit nearly 10% and yields on savings accounts were low. Now, as inflation has come down, I bonds have lost their luster. CNBC Senior Personal Finance Correspondent explains.
Organizations: CNBC
Part of the problem: People continue to believe common misconceptions about managing and investing their money. When it comes to your retirement savings, target-date funds can be another smart option. Young couple managing finance and investment online, analyzing stock market trades with mobile app on laptop and smartphone. "People feel like, I can get a higher return with no risk … but basically, a higher return is always a reward for higher risk." There's almost no risk to money in federally insured deposit accounts, unlike investments that are subject to the daily changes in the stock, which can result in much higher risk.
Persons: Witthaya, Annamaria Lusardi, Paul Yakoboski, Young, Lusardi, There's Organizations: TIAA, Global Financial, Stanford Institute for Economic Policy Research, TIAA Institute, Target, CNBC, Financial Wellness, Board Locations: U.S
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email73% of U.S. workers feel well paid, CNBC Workforce Survey findsCNBC’s Sharon Epperson joins 'Power Lunch' to discuss the findings from the CNBC Workforce Survey.
Persons: CNBC’s Sharon Epperson Organizations: CNBC, Survey, CNBC Workforce Survey
Journey to the Future
  + stars: | 2024-04-19 | by ( Sharon Epperson | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJourney to the FutureRecent innovations in health tech are leading to product breakthroughs and improved patient care for humans and animals alike. Zoetis CEO Kristin Peck, and AWS Senior Physician Executive & Clinical Innovation Lead, Global Healthcare and Nonprofit Dr. Angela Shippy are at the forefront. Hear how they are leading through rapid technological advancements, while rooting out bias and ensuring different perspectives are considered when leveraging the power of AI.
Persons: Kristin Peck, Angela Shippy Organizations: Global Healthcare, Nonprofit
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInflation is the main source of financial stress, CNBC's Your Money Survey findsCNBC's Sharon Epperson joins 'Squawk Box' with the latest results from CNBC's Your Money International Financial Security Survey conducted by SurveyMonkey.
Persons: CNBC's Sharon Epperson, SurveyMonkey Organizations: Survey, International Financial Security
Avoiding tax scams: Here's what to watch out for
  + stars: | 2024-04-02 | by ( Sharon Epperson | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAvoiding tax scams: Here's what to watch out forMost Americans have less than two weeks to submit their 2023 individual tax return or file an extension, but scammers still have plenty of time to try to steal their personal and financial information. CNBC's Sharon Epperson joins 'Squawk Box' with more.
Persons: scammers, CNBC's Sharon Epperson
How to avoid 'ghost preparers' and other tax scams
  + stars: | 2024-04-02 | by ( ) 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 avoid 'ghost preparers' and other tax scamsHow to avoid 'ghost preparers' and other tax scams as the April 15 federal filing deadline approaches. CNBC Senior Personal Finance Correspondent Sharon Epperson explains.
Persons: Sharon Epperson Organizations: CNBC, Finance
Sharon Epperson: I See Ambition As Enriching Your Entire Life
  + stars: | 2024-04-01 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSharon Epperson: I See Ambition As Enriching Your Entire Life"Education has always been important to me and that's why I am so passionate about helping people manage their money." CNBC Senior Personal Finance Correspondent Sharon Epperson shares what ambition means to her.
Persons: Sharon Epperson Organizations: CNBC, Finance
Sharon Epperson: Ambition Is About Enriching Your Financial Life
  + stars: | 2024-04-01 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSharon Epperson: Ambition Is About Enriching Your Financial Life"Education has always been important to me." CNBC Senior Personal Finance Correspondent Sharon Epperson shares what ambition means to her.
Persons: Sharon Epperson Organizations: CNBC, Finance
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCountdown to tax deadline: Here's what you need to knowIt's exactly four weeks until the April 15 due date for Americans to file their 2023 income tax returns. CNBC's senior personal finance correspondent Sharon Epperson joins 'Squawk Box' with more on what you need to know now.
Persons: CNBC's, Sharon Epperson
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWith one month to go, here are key things you need to know about filing your taxesCNBC's Senior Personal Finance Correspondent Sharon Epperson walks through new ways to file, tax credits you should know about and how to avoid an audit.
Persons: Sharon Epperson Organizations: Finance
Level Up: Lessons from a Self-Made Millionaire
  + stars: | 2024-03-05 | by ( Sharon Epperson | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLevel Up: Lessons from a Self-Made MillionaireBurned out by her career on Wall Street, an industry she describes as historically "male, pale, and stale, this former trader pivoted to become one of the most popular fin'fluencers on social media. She'll discuss how she's working to demystify personal finance for women and people of color, and the top ways in which you can level up when it comes to building wealth.
Despite a challenging fundraising environment, women-led venture capital funds made gains in 2023. According to research by Venture Capital Journal, women-led funds' share of total fundraising increased to about 3% of the $107 billion raised last year by venture funds worldwide, up from less than 2% of the 2022 total. While it's a small fraction of the total pool, venture capital funding in the U.S. for companies founded by women has been trending up in recent years. The upswing has had some help from the creation of incubators for women founders, more new companies founded by women and more venture capital funds focused on underrepresented founders. Portfolia creates and manages about 16 venture funds designed for individual investors who want to invest in a portfolio of mostly women-led startups and want to learn more about venture investing.
Persons: Trish Costello, Portfolia, Costello, Elizabeth Clayborne, Steve Washington, Clayborne, wouldn't Organizations: Venture Capital Journal, YourChoice Therapeutics, CNBC Locations: U.S
Financial Health of Women in 2024
  + stars: | 2024-03-05 | by ( Sharon Epperson | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFinancial Health of Women in 2024Many Americans are currently experiencing financial challenges, but women have been particularly affected by factors like inflation, lack of access to childcare, equal pay, and student loan debt. We'll discuss the reasons behind this and what the future holds and examine why women still feel less confident when it comes to money.
Persons: We'll Organizations: Financial, Women
Women funding women-led start-ups
  + stars: | 2024-03-04 | by ( Sharon Epperson | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWomen funding women-led start-upsIn 2023, companies founded by women garnered just 2% of the total capital invested in venture-backed startups in the U.S., according to PitchBook. But that number doesn't tell the whole story. CNBC's Sharon Epperson joins 'Squawk Box' with more.
Persons: CNBC's Sharon Epperson Locations: U.S
watch nowTalking about personal finances is harder than talking about religion, politics or death — and almost as hard to talk about as sex, a new survey finds. And women are more likely than men to find talking about money difficult. The only money topic women were less reluctant than men to talk about is how much they earn, the survey found. The survey also found generational differences in how women feel about money discussions. More than half, 53%, of Gen Z women ages 14 to 26 said feeling judged made them avoid talking about money, versus 35% of women across all generations.
Persons: Wells, Michael Liersch, Lindsay Bryan, Podvin, we'll, John Howard Organizations: Versta Research, Wells Fargo, Bank, Getty Locations: Wells Fargo, Ann Arbor , Michigan
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWells Fargo survey finds Americans' most difficult conversations are about moneyCNBC’s Sharon Epperson joins 'Power Lunch' to discuss a Wells Fargo's survey about how Americans feel about conversations around money.
Persons: Sharon Epperson Locations: Wells
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTalking about personal finances is almost as hard for people to talk about as sex, survey findsA majority of Americans are reluctant to talk about money, according to a new survey. The belief that money is a private subject, not wanting people to know how much or how little they have and fears of being judged hold some people back from discussing personal financial issues. CNBC's Sharon Epperson joins 'Squawk Box' with more.
Persons: CNBC's Sharon Epperson
Payment apps have come under scrutiny by lawmakers and regulators as their usage skyrockets. That ease of use has 80% of Americans using mobile payment apps, according to a recent survey by NerdWallet. Transaction volume across all payment app service providers in 2022 was estimated at about $893 billion, according to the Consumer Financial Protection Bureau. Lawmakers are also calling on payment app companies to clarify their reimbursement policy if consumers get scammed and to make it easier for users to report fraud. In the meantime, experts say that consumers need to understand how these apps work, the fees that may be charged and the risks involved in storing money in a mobile payment app.
Persons: Amy Zirkle, Sen, Sherrod Brown Organizations: Consumer Financial, Finance, Democratic, Capitol, Banking Locations: Ohio
Breaking down the TikTok trend of 'Loud Budgeting'
  + stars: | 2024-02-07 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBreaking down the TikTok trend of 'Loud Budgeting'CNBC’s Sharon Epperson and comedian Lukas Battle join 'Power Lunch' to discuss the new TikTok trend of loud budgeting.
Persons: Sharon Epperson, Lukas Battle
The highest level of care is "skilled nursing care" for those who are chronically ill or disabled and can no longer care for themselves. Medicaid pays for most long-term care services — but only for people with low incomes and little savings. Long-term care insuranceDepending on the plan, long-term care insurance pays for services from at-home care to assisted living, memory care, skilled nursing care, and hospice. Long-term care insurance may have annual premiums that increase over time or may be included as a rider to a life insurance policy. Employers are increasingly offering long-term care insurance as a workplace benefit.
Persons: Abbe Udochi, AARP's Goyer, Ivory Johnson, Johnson, Couples, Goyer Organizations: Maskot, Getty, Healthcare Consulting, National Investment Center, Seniors Housing & Care, Medicare, Delancey Wealth Management, Washington , D.C, CNBC FA, American Association for, Care Insurance, Employers Locations: New York, Washington ,
2024 Tax Tips: New income brackets
  + stars: | 2024-01-29 | by ( Sharon Epperson | ) www.cnbc.com   time to read: 1 min
CNBC Senior Personal Finance Correspondent Sharon Epperson reports on the recently raised income brackets, which are up more than 5% on average for taxpayers this year.
Persons: Sharon Epperson Organizations: CNBC, Finance
2024 Tax Tips: Reviewing your 1099 form
  + stars: | 2024-01-29 | by ( Sharon Epperson | ) www.cnbc.com   time to read: 1 min
Even though the IRS postponed the requirement for payment apps to provide a 1099-K form, certain qualifying income from those apps is still taxable. CNBC Senior Personal Finance Correspondent Sharon Epperson describes what qualifies.
Persons: Sharon Epperson Organizations: CNBC, Finance
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