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☆ Being an 'old mom' was the right decision for me. Motherhood didn't define my identity.
  + stars: | 2024-05-03 | by ( Sara Lyle | ) www.businessinsider.com   time to read: +7 min
"I didn't want to be an old mom. Those in the other camp often think: "But aren't there potential health risks to giving birth later?" If you read the research, there are various suggested causes for this trend toward giving birth later, but I can only speak for myself. Sara LyleHere are three reasons why waiting to become a mom was the right path for me1. While being an "old mom" has come with a few wrinkles, both figuratively and literally, the laughter and love make it completely worth it.
Persons: —, Griselda, Joe Manganiello, Vergara, Michelle Williams, Hilary Swank, It's, Sara Lyle, it's, there's Organizations: Service, Spanish, El, Business, United States Census Bureau Locations: New York, Colorado
☆ How much should I save each month?
  + stars: | 2023-12-02 | by ( Sophia Acevedo | Laura Grace Tarpley | Banking Reporter | ) www.businessinsider.com   time to read: +7 min
But is there a way to figure out exactly how much you should save each month? Around 20% of your income (after taxes) is a good amount to save each month, according to the 50-30-20 budget and 70-20-10 budget. Over time, you can may find that you can save more each month — going from $20 to $30, and so forth. A person with that income would need to save around $660.50 per month if they are using the 50-30-20 budget rule. The amount each person should save per month will likely depend on their savings goals and current budget, though.
Persons: Patrina Dixon, Dixon, You'll Organizations: Quicken, Fidelity Investments, United States Census Bureau, Consumer Finances Locations: CFEI, U.S
☆ Russia's trade with the US plummets to a 3-decade low while its commerce with China surges toward a record $200 billion
  + stars: | 2023-09-20 | by ( Zahra Tayeb | ) www.businessinsider.com   time to read: +3 min
Russia's trade with the US has hit a 30-year low amid Western economic sanctions against Moscow. Meanwhile, Russia's trade with China is on track to hit an all-time high of more than $200 billion. The Eurasian nation's trade with the US plunged to a three-decade low in July, while its commerce with China is on track to hit an all-time high of more than $200 billion this year. Russia's trade with China is set to surpass the $200 billion milestone this year, according to the minister of economic development Maxim Reshetnikov, per a local Russian news outlet. However, Russia's oil and gas trade now appears to be making something of a comeback after a year of pain, thanks to a rally in global oil prices.
Persons: Vladimir Putin, Maxim Reshetnikov, Reshetnikov Organizations: Moscow, Moscow . Commerce, Service, United States Census Bureau, Motors, Ford, Mercedes, Benz, RBC Locations: Moscow ., China, Wall, Silicon, Ukraine, Russia, Moscow, Russian
☆ Isolating China will be 'impossible and dangerous,' analyst says, as the G-7 gets tough on Beijing
  + stars: | 2023-05-22 | by ( Silvia Amaro | ) www.cnbc.com   time to read: +3 min
The G-7 issued its strongest ever message to China over the weekend, but an analyst warned that isolating Beijing is "impossible" and "dangerous." The coronavirus pandemic shed light on the intricacies of critical supply chains, but the ongoing war in Ukraine has further exacerbated this reality. In the wake of the G-7 announcement, China summoned the Japanese ambassador and ordered companies to stop buying from American chipmaker Micron. Giuliano Noci, vice-rector for China for Politecnico di Milano, on Monday told CNBC's "Squawk Box Europe" that the G-7 showed a "unitarian" perspective against China. "It should be clear that isolating China will be not only, on the one hand, impossible but also, on the other hand, dangerous," Noci said.
☆ Workers in the US now want at least $76,000 to start a new job as minimum wage expectations continue to rise in a red-hot job market
  + stars: | 2023-04-19 | by ( Nidhi Pandurangi | ) www.businessinsider.com   time to read: +3 min
Employees' wage expectations have risen to $76,000 a year, according to a New York Fed survey. The rise in expected salary levels comes at a time of historically low unemployment rates in America. Those with a college degree raised their reservation wage expectations by about $5,000 to over $97,000. The rise in expected salary levels makes sense, as it comes at a time of historically low unemployment rates in America. This, in turn, leads to employees upping their salary expectations to combat inflation's erosive effects.
☆ 37.9 million Americans are living in poverty, according to the U.S. Census. But the problem could be far worse.
  + stars: | 2023-03-07 | by ( Juhohn Lee | ) www.cnbc.com   time to read: +2 min
As of January 2021, 37.9 million Americans lived in poverty, accounting for 11.6% of the total population, according to the latest report from the United States Census Bureau. But the number reported by the Census Bureau is based on the official poverty measure, which has remained virtually unchanged since the mid-1960s. Grace Bonilla, president of United Way of New York City, said the official poverty measure doesn't take very obvious indicators into consideration. As a response, the Census Bureau developed the Supplemental Poverty Measure in 2011 as an improvement over the existing measure. The SPM rate for 2021 sat at 7.8%, compared with the official poverty measure rate of 11.6%, mainly due to government relief during the Covid-19 pandemic.
☆ Here's how much money it takes to be considered middle class in 20 major U.S. cities
  + stars: | 2023-01-02 | by ( Kamaron Mcnair | ) www.cnbc.com   time to read: +1 min
The latest data from 2021 shows the share of the population in the middle class continues to hover around 50%, around where it has been since 2011. Prior to that year, the share of middle class Americans had been consistently shrinking since a peak of 61% in 1971. That means American households earning as little as $47,189 and up to $141,568 are technically in the middle class. But other factors like family size and location can change what middle class looks like for you. Here are the income thresholds for the middle class in the 20 most populous U.S. metros:
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