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The question for some of us is, why some people want to keep working decades beyond retirement age? CNN Opinion editor Stephanie Griffith asked seven people who are past the conventional retirement age why they are still at the job and got as many responses as there were respondents. They continue to work happily and productively, and were happy to explain to us how and why they do it. Over the years I’ve had to adapt frequently to the changing technology, which isn’t always easy for someone my age. That may be the secret of working well past the time society tells us we’re supposed to retire.
Persons: CNN —, Howard Tucker, Tucker, he’ll, ” Tucker, Joe Biden, Donald Trump —, Trump, ageist, Biden, Stephanie Griffith, Vincent, Austin Tucker, I’ve, isn’t, , Taylor Taglianetti, Gayle Fleming, it’s, I’m, , Gayle Fleming Michael Ventura, Biden —, Charles Simon, Ana Marie Forsythe, Alvin, Ana Marie Forsythe Kyle Froman, — Joyce Trisler —, Joyce, She’d, Lester Horton, Alvin Ailey, Ailey, Ailey School Martha Graham, José Limón, Horton, don’t, Marjorie Perces, Cheryl Bell, didn’t, Babette Coffey, you’ve, you’re, David A, I, Pamela S, Donald Trump, Maggie Mulqueen, Alan Steele, Joan Steinau Lester, , Carole Johnson, — I’m, Octogenarians Organizations: CNN, Records, Biden, Vincent Charity Medical Center, Case Western Reserve University, St, AI Society, Computer, MSNBC, Society, Alvin Ailey School, Dance Media, Juilliard, Ailey School, Alvin, Alvin Ailey American Dance, Vassar College, Ailey, Horton Department, The New York Times, CBS, American, French Legion of, Social Security, Twitter Locations: Ohio, St, Cleveland, one’s, Seattle , Washington, Cambridge , Massachusetts, West, Horton, New York City, , Brookline , Mass, drmaggiemulqueen.com
Read previewHouthi militants showed in late April that they can expand their war on international shipping far beyond the Red Sea. AdvertisementHe noted that the Shehab's reported range of 990 miles puts it "well within range" of international shipping. The British-registered cargo ship 'Rubymar' sank in March after it was targeted by Yemen's Houthi forces in the Red Sea. "Once they enter the Red Sea, though, ships can be tracked by spotters ashore or on boats or using mobile Houthi radars ashore. "Nevertheless, with the rate of Houthi advances, and increases in speed, control, and maneuverability in-transit, international shipping could soon prove vulnerable."
Persons: , Good Hope, Bryan Clark, James Patton Rogers, Rogers, Samad, Yemen's, Mohammed Hamoud, Clark Organizations: Service, MSC Orion, Business, Hudson Institute, Cornell Tech Policy Institute, US, EU, AIS, Orion, Ships Locations: of Africa, Africa's, Good, Red, Ukraine, Israel
Putin’s two-day state visit comes as Western leaders have leant on Xi to ensure that soaring exports from his country aren’t propping up the Russian war effort – a claim Beijing denies. Putin also traveled to Beijing with top security officials who the Russian president said Thursday would join informal talks on Ukraine. Beijing, which says it is neutral on the war, has repeatedly defended its trade with Russia as part of normal bilateral relations. Xi, analysts say, is seeking to keep Putin as a close partner, while not stepping over Western red lines. For that reason, she added, “he’s okay with on-going dependency between Russia and China – and with inequality in this relationship.”
Persons: Xi Jinping, Vladimir Putin’s, Xi, Putin, Putin’s, Andrey Belousov, Sergey Shoigu, “ Putin, he’s, Kurt Volker, , , Alexandra Prokopenko Organizations: Hong Kong CNN, United, , Israel, Hamas, Russian, Russian Security, Chinese Communist Party, Chinese Foreign Ministry, Observers, CNN, Carnegie Russia Eurasia Center Locations: Hong Kong, Beijing, United States, Taiwan, Gaza, Russian, China, , Russia, North Korea, Ukraine, China’s Harbin, Siberia, Europe
There were no women flying, there were no female airline pilots. A historic moment, kept secretRippelmeyer and Captain Emilie Jones before a flight with Air Illinois, where they became the first all-female crew of a scheduled flight in the United States. So that’s what we did.”It was December 30, 1977, and that was the first scheduled flight in the United States with an all-female crew – but it was kept a secret. At least, “since nobody died,” Lippenmeyer says, the two were no longer intentionally kept apart and flew together many more times. “My first 747 flight was to London and then my last 787 flight was to London,” she says.
Persons: CNN — Lynn Rippelmeyer’s, , , Rippelmeyer, Bonnie Tiburzi, Emily Warner, Frontier –, Emilie Jones, Lynn Rippelmeyer Rippelmeyer’s, — Emilie, ” Rippelmeyer, ” Lippenmeyer, Lynn Rippelmeyer, Ozark Air Lines —, Carl Hirschberg, we’d, that’s, doesn’t, ” “, I’m, furloughed, wasn’t, didn’t, ” – Organizations: CNN, TWA, Boeing, Piper, American Airlines, Frontier, Air Illinois, Air, Airlines, Ozark Air Lines, World Airlines, TWA –, People Express, People, London Gatwick, Continental, Central America, United Airlines, Continental Airlines, Aviation Locations: Mississippi, Vermont, United States, Miami, Air Illinois, Air, JFK, , Newark, London, Polynesia, California, Texas, Houston, Tegucigalpa, Honduras, Central
Learn moreEven when I lived in a tiny city apartment with a galley kitchen, I wasn't willing to forgo having a stand mixer. KitchenAid Artisan Mini 3.5-Quart Tilt-Head Stand Mixer The smallest of the best KitchenAid stand mixers, this model is the perfect size and strength for occasional bakers, new cooks, and those with petite kitchens. I was trying to knead a stiff dough for hand-pulled noodles and left the stand mixer running on high for about 10 minutes, rendering my stand mixer unusable. The KitchenAid Mini is roomy enough for most baking tasks, but petite enough to fit in a cabinet for storage. As mentioned before (and in our guides to the best KitchenAid and best stand mixer), the Mini is the smallest KitchenAid model, but it's actually not the cheapest.
Persons: KitchenAid, Lauren Savoie, it's, I've, I'd, You'll, It's Organizations: Business, Shop Locations: Kansas, New York City
Pedro Pardo | Afp | Getty ImagesRussia's close relationship with superpower China is under close scrutiny as Russian President Vladimir Putin meets his Chinese counterpart Xi Jinping on Thursday. "Neither Putin nor Xi can achieve what they want to achieve, both domestically and internationally, without the support of the other. Russian President Vladimir Putin and China's President Xi Jinping leave after a reception following their talks at the Kremlin in Moscow on March 21, 2023. Russian President Vladimir Putin and Chinese President Xi Jinping during a welcome ceremony at the third Belt and Road Forum in Beijing on Oct. 17, 2023. Russian President Vladimir Putin and Chinese President Xi Jinping attend a welcome ceremony before Russia-China talks in Moscow, Russia, on March 21, 2023.
Persons: Xi Jinping, Vladimir Putin, Pedro Pardo, Putin, Sam Greene, they've, " Greene, Xi, It's, Pavel Byrkin, it's, , Natasha Kuhrt, Russia's, Kuhrt, Sergei Savostyanov, Greene, Liu Pengyu, Mikhail Tereshchenko Organizations: Forum, International Cooperation, of, People, Afp, Getty, Xinhua, Democratic, Center for, CNBC, Analysts, Kremlin, Putin, King's College London, Russia, U.S, Reuters, Sputnik Locations: Beijing, China, Ukraine, Russia, Moscow, Central Asia, Russian, U.S, Washington
Forget the Magnificent Seven. These AI plays are red hot
  + stars: | 2024-05-16 | by ( Krystal Hur | ) edition.cnn.com   time to read: +6 min
The S&P 500’s utility sector has gained 14% this year, making it the third-best-performing category behind information technology and communication services. Utility stocks tumbled more than 10% in 2023, underperforming the S&P 500’s 24% gain, as investors betting on the artificial intelligence boom crowded into the Magnificent Seven big tech stocks. To be sure, not everyone is jumping into utility stocks. Rising gasoline and shelter costs accounted for more than 70% of the monthly increase in overall inflation, according to the report. Including the ticket price, UK concertgoers will spend, on average, £848 ($1,068) each, which is more than 12 times the average cost of a night out in the UK, according to Barclays’ research.
Persons: , Adam Turnquist, Alicia Wallace, Wednesday’s, Read, Taylor Swift’s, Anna Cooban, Swift Organizations: CNN Business, Bell, New York CNN, Constellation Energy, NRG Energy, International Energy Agency, Federal Reserve, LPL, Nvidia, Micro, Bureau of Labor Statistics, CPI, Barclays, Barclays ’ Locations: New York, United Kingdom, United States, England, Wales, Scotland
United Airlines said the Federal Aviation Administration has cleared it to add new aircraft and routes months after the regulator stepped up its scrutiny of the carrier following several safety incidents. United said in March that the FAA had stepped up scrutiny of the airline after a spate of incidents earlier this year. That prevented it from launching new routes, including flights to Faro, Portugal, ahead of the busy summer travel season. The clearance from the FAA is welcome news as United and other carriers expect a record peak season this year. "We will continue to see an FAA presence in our operation as they review our work processes, manuals and facilities," it said in its employee memo.
Persons: United Organizations: Airlines, Federal Aviation Administration, FAA, Management, Boeing, Max, Alaska Airlines Locations: Faro, Portugal, Japan, San Francisco, Oregon
Where each candidate has more donors orfewer donors compared with 2020, by county Biden Biden Trump Trump The New York TimesAcross most of the country, Mr. Trump has fewer donors than he did at the same time in 2020, while Mr. Biden has more. As of the end of March, Mr. Biden had 1.1 million unique individual donors, compared with one million for Mr. Trump. In Delaware, Mr. Biden has roughly twice as many donors as Mr. Trump, an analysis of contributions by ZIP codes shows. Arizona Where each candidate has more donors orfewer donors compared with 2020, by ZIP code Biden Trump The New York TimesIn Arizona, which is a battleground state in 2024, Mr. Biden has picked up donors. In North Carolina, a battleground state, Mr. Biden has gained donors relative to Mr. Trump since 2020.
Persons: Biden, Trump, Donald J, Biden's, Trump's, Mr, Bernie Sanders, Nikki Haley Organizations: Trump, Biden Biden Trump Trump The New York Times, Biden, Mr, New York Times, Federal, Commission, The Times, Siena College, The Philadelphia Inquirer, Democratic, Republican, ZIP, Biden Trump The New York Times, Republican Party . Arizona, Biden Trump The New York, Democrats, Biden Trump U.S, New York Locations: Vermont, Delaware, New York, New York City, Manhattan, Long, Arizona, Flagstaff, Tucson, Phoenix, Scottsdale, Nevada, Las Vegas, Michigan, Biden Trump The New York Times In Michigan, Ann Arbor, Dearborn, Detroit, Grand Rapids, Siena, North Carolina, South Carolina, Pa
Fortunately, the third round (after a “Queen Charlotte” detour) has the highly sympathetic Penelope Featherington (Nicola Coughlan) at its core, adding some additional sweetness to the formula. For the uninitiated, poor Penelope has spent two seasons secretly moonlighting as the acid-tongued gossip Lady Whistledown (still voiced by Julie Andrews, because, well, Julie Andrews! (There’s a praying mantis quality to Bridgertons, since while mating doesn’t lead to death, they do tend to lose their heads and then mostly disappear.) Give some credit to the casting and, more pragmatically, the strength of Netflix as a platform relative to the more rarefied homes for such fare. “Bridgerton” begins its third season May 16 on Netflix, with the second half to premiere on June 13.
Persons: you’ve, Charlotte ”, Penelope Featherington, Nicola Coughlan, Penelope, moonlighting, Whistledown, Julie Andrews, Colin, Luke Newton, Jane Austen, Francesca, Hannah Dodd, Violet, Ruth Gemmell, “ Bridgerton, Shonda Rhimes, Bridgerton ” Organizations: CNN, Netflix
I'm picky about instant meals, though, so I reviewed 23 of Trader Joe's frozen entrées. AdvertisementVERDICT: Although Trader Joe's penne arrabbiata could make for a satisfying, last-minute dinner, it wasn't memorable enough for me to buy again. Trader Joe's frozen section offers many different Tex-Mex and Mexican-inspired dishes, but I noticed these because of the "hatch chile" description. I thought Trader Joe's vegetable-and-cheese enchiladas were a disappointing, soggy messOnce cooked through, Trader Joe's vegetable-and-cheese enchiladas didn't impress me. I hoped Trader Joe's spicy peanutty noodle bowl with chicken would be goodI enjoyed Trader Joe's spicy peanutty noodle bowl with chicken.
Persons: , Joe's, Wilson, Wilson I'm, it's, penne arrabbiata, I'm, fryer, Savanna, gooey Monterey Jack oozed, they're, might've, I've, provolone, Wilson Jackfruit, didn't, It's, I'd, you've, mozzarella, Bolognese, would've, bolognese, microwaving, gnocchi, it'll, chow, chiles, Wilson I, raved Organizations: Service, Business, Monterey, Wilson, Joe's Locations: Savanna, Monterey Jack, gooey Monterey, Cuban, pesto, jalapeño, gnocchi
Read previewInflation and interest rates are still high, but Americans shouldn't count on any relief just yet. Advertisement"The status of the battle against inflation requires that interest rates remain elevated in the near-term," Hamrick said. "The first quarter in the United States was notable for its lack of further progress on inflation," Powell said during the panel. But while job seekers and workers may find this cooldown concerning, that moderation is also welcome and the labor market is still strong. "Paired with high borrowing costs — like high interest rates on your credit cards — and the current economy can feel quite uncomfortable," Renter added.
Persons: , That's, Mark Hamrick, Hamrick, Jerome Powell, Powell, Joanne Hsu, Nick Bunker, Ted Rossman, Rossman, Elizabeth Renter, Renter, it's Organizations: Service, Federal Reserve, Bureau of Labor Statistics, CPI, Business, Federal, University of Michigan, North America Locations: Amsterdam, United States,
Read previewChina's leader, Xi Jinping, rolled out the red carpet for his "old friend" Vladimir Putin on Thursday. For his part, Putin lavished praise on China, whose support has been vital during Russia's invasion of Ukraine. But underneath the pageantry and rhetoric, Xi is under mounting pressure over his alliance with Putin — and he has good reason to be wary of their "no limits" partnership. President Vladimir Putin and China's President Xi Jinping attend a concert marking the 75th anniversary of the establishment of diplomatic relations between Russia and China in Beijing. "Meeting with Putin now is Xi's way of showing that China will not bend to Western pressure," said Torigian.
Persons: , Xi, Vladimir Putin, Putin, Putin —, Xi Jinping, ALEXANDER RYUMIN, Zhao Tong, Graeme Thompson, Thompson, Joseph Torigian, Ali Wyne Organizations: Service, Business, Getty, BBC, Carnegie Endowment, Eurasia Group, Putin, Financial Times, School of International Service, American University, Xi, International Crisis Locations: Russian, Soviet, China, Ukraine, Russia, Beijing, Europe, Moscow, United States, Washington ,, America, Russia's, West
Mary Cassatt’s Women Didn’t Sit Pretty
  + stars: | 2024-05-16 | by ( Deborah Solomon | ) www.nytimes.com   time to read: +1 min
In the epic story of modern art, Mary Cassatt has been cast as the premier painter of mothers and babies. Yet she created a world in which no one ever changed a diaper or ran out of milk. For decades she was dismissed as a paintbrush-wielding patrician unconnected to the make-it-new spirit of modern art. Yet at least since 1998, when the British feminist Griselda Pollock published the book “Mary Cassatt: Painter of Modern Women,” Cassatt has been rehabilitated as a proto-feminist who supported women’s suffrage and experimented daringly in her work. The approaching centennial of Cassatt’s death is inspiring a new round of exhibitions and books, and a reappraisal is welcome.
Persons: Mary Cassatt, Cassatt, expatriated, Griselda Pollock, Painter, ” Cassatt, “ Mary Cassatt Organizations: Philadelphia Museum of Art, Fine Arts Locations: Pittsburgh, France, British, San Francisco
CNN —After a hot start to 2024, inflation cooled back down in April, providing a bit of hope for Americans worn down by elevated prices. On a monthly basis, prices rose 0.3%, a slower pace of growth than the 0.4% seen in the two months prior. Rising gasoline and shelter costs accounted for more than 70% of the monthly increase in overall inflation, according to the report. Wednesday’s report landed mostly in line with economists’ expectations, which is a welcome turnabout from January, February and March, when CPI (and other inflation gauges) came in hot, hot, hot. The Federal Reserve has been wanting to see meaningful process on inflation before it starts trimming back interest rates.
Persons: Wednesday’s Organizations: CNN, Bureau of Labor Statistics, CPI, Federal Reserve
But economists cautioned that one month of encouraging data was far from enough to set those worries to rest. Both overall and core prices rose 0.3 percent from the previous month, down from 0.4 percent in February and March. The encouraging inflation report on Wednesday is unlikely to change those expectations. The report is also likely to be met with relief at the White House after what has been a rough recent run of inflation data for President Biden. Gasoline prices rose a seasonally adjusted 2.8 percent in April from March.
Persons: , , Stephen Stanley, there’s, Sarah House, Biden, Jerome H, Powell, we’re, Blerina Uruci, Rowe Price, Jeanna Smialek, Jim Tankersley Organizations: Labor Department, Federal Reserve, Santander, White, Federal Reserve Bank of New, Fed Locations: Wells Fargo, Amsterdam, Federal Reserve Bank of New York
Grocery prices are finally falling
  + stars: | 2024-05-15 | by ( Danielle Wiener-Bronner | ) edition.cnn.com   time to read: +3 min
New York CNN —Food shoppers can finally breathe a slight sigh of relief: After years of increases followed by months of plateau, grocery prices fell last month. Grocery prices retreated 0.2% from March to April, adjusted for seasonal swings, according to inflation data released Wednesday by the Bureau of Labor Statistics. But back in February, overall food prices remained flat for the first time since April 2023. Fast food prices jumpWhile grocery prices have been moderating, menu prices remain high, especially at fast food spots. At sit-down restaurants, prices went up 3.4%, while at limited-service restaurants — where you’re served at the counter — prices rose 4.8%.
Persons: Milk, you’re, McDonald’s Organizations: New, New York CNN, Bureau of Labor Statistics Locations: New York, Ukraine, Texas, , McDonald’s
Less than a week after two public sculptures featuring a livestream between Dublin, Ireland, and New York City debuted, “inappropriate behavior” in real-time interactions between people in the two cities has prompted a temporary shutdown. The creators of the sculptures are now “investigating possible technical solutions to inappropriate behaviour by a small minority of people in front of the Portal,” according to a statement from the Dublin City Council. “Dublin City Council had hoped to have a solution in place today, but unfortunately the preferred solution, which would have involved blurring, was not satisfactory,” the City Council said late Tuesday. The Dublin-New York city pairing isn’t the first real-time bridge between cities through these sculptures. The first Portals, according to the organization’s website, linked Vilnius, Lithuania, with Lublin, Poland, in 2021.
Persons: Niall Carson, , Benediktas Gylys, Daithí, de Róiste, , De Róiste Organizations: CNN, New York City, Dublin City Council, City Council, Dublin, AP Organizers, Flatiron NoMad Partnership, Flatiron, Public, Broadway, Fifth, Dublin’s, Mayor, Róiste’s, Smart Locations: Dublin, Ireland, New, New York, , York, Poland, Brazil, Lithuania, City, Vilnius, Lublin
Pyongyang – which has an economy almost entirely dependent of China – is believed by Western governments to be aiding Russia with war supplies. Xi has ramped up his calls for Europe and other countries to help the world avoid a “Cold War,” suggesting they resist what Beijing sees as US efforts to contain China. They have also criticized Israel and the United States – converging with mounting global backlash, especially across the Global South against Israel’s war. The conflict has also impacted how China and Russia view their relations with countries there, he added. China “wants to use Russia” for its aims, but Russia is making China weak, he said.
Persons: Xi Jinping, Vladimir Putin, Putin, , It’s, China –, Xi, France –, Jens Stoltenberg, Sergei Guneyev, , Li Mingjiang, Manoj Kewalramani, Russia doesn’t, Stringer, Gaza —, Sergey Lavrov, presser, Wang Yi, Israel, , Privately, Shen Dingli, China “, Alexander Dugin, Donald Trump, Li Organizations: Hong Kong CNN, West, NATO, Forum, Singapore’s Nanyang Technological University, EU, Takshashila, Boys, Getty, United, Global, Shanghai Cooperation Organization, Russia, Weibo, Moscow, CNN Locations: Hong Kong, China, Russian, Gaza, Ukraine, Moscow, Washington, Iran, North Korea, Pyongyang, Russia, Tehran, Beijing, Europe, France, Serbia, Hungary, Bangalore, Rafah, AFP, Israel, United States, Kewalramani, South, Taiwan, Shanghai, Singapore
After the keynote, journalists were herded over to a demo area for Project Astra. Before we went in, while waiting in line, two members of the Project Astra team from DeepMind walked us through how to use the technology. Google's Gemini model reviewed the phone's live video and said I was wearing casual clothes. He's been at DeepMind for about a decade and we discussed the origins on Project Astra. Beyond chatbotsThis is part of what inspired Project Astra, Wayne said.
Persons: , We've, Demis Hassabis, DeepMind, Max Cherney, Max, Google's, Gemini, I'd, Gregory Wayne, Captain Cook, He's, he's, Cook, Wayne, SuperEvilMegaCorp Organizations: Service, Google, Project Astra, Business, Reuters, Astra, Tierra del Fuego Locations: Tierra del, Silicon
A lot of parents think they don't need to talk to their kids about porn, but as an adult filmmaker, I never had that option. Talking to children about porn isn't just important for parents in the adult entertainment industry, though. We can't assume our kids have not seen porn. That's why I created the nonprofit The Porn Conversation to give families tools to help them talk with kids about porn literacy. Pointing out the things we see and questioning them helps children build the skills they'll need to understand porn.
Persons: , Erika Lust, I've, what's, they're, it's Organizations: Service, Lust, Business
New York, Washington, D.C. and other major metros may be some of the most sought-after job markets for young professionals, but for ample opportunities and high-paying roles, they may have better luck in the Sun Belt. The metro areas around Tucson, Arizona; Tallahassee, Florida; and Gainesville, Florida; are the fastest-growing job markets for entry-level roles, according to new data from LinkedIn. The top industries hiring entry-level workers are secure fields like manufacturing, government, education and health care. 1 priority is finding a job with stability. The professional services sector has seen more layoffs in recent years, Kantenga says, but common jobs in consulting and legal services also pay "extremely well," which may be a worthwhile tradeoff for young people.
Persons: Kory Kantenga, Kantenga, grads Organizations: LinkedIn, Sun Locations: York, Washington, Tucson , Arizona, Tallahassee , Florida, Gainesville , Florida, Tallahassee, Florida, Chattanooga , Tennessee, Savannah, Georgia, Des Moines , Iowa, Birmingham , Alabama, Harrisburg , Pennsylvania, Huntsville , Alabama, Hartford , Connecticut, South, Americas, Tucson
Lagos, Nigeria CNN —The Duke and Duchess of Sussex embarked on what was officially dubbed a 3-day private visit to Nigeria, yet it unfolded with all the grandeur and attention typically reserved for royal tours. The pair had been invited to the West African nation by the country’s highest-ranking military official, Christopher Musa. Meanwhile, for Prince Harry and Meghan, this marked their first major trip to Africa since relinquishing their official royal duties. Meghan, in particular, embraced exploring her Nigerian ancestry after discovering several years ago that she is 43% Nigerian through a genealogy test. As they bid farewell to Nigeria, Meghan declared: “I can’t wait to come back!”
Persons: Duke, Duchess of, Christopher Musa, Meghan, Harry, Duchess of Sussex, Britain's Prince Harry, Duke of Sussex, Kola Sulaimon, Prince Harry, aplomb, Ngozi, Mo Abudu, selfies, Obi, Onitsha, Igwe Nnaemeka Alfred Ugochukwu Achebe, Meghan “ Ada Mazi, Oba Abdulrasheed Adewale Akanbi, Princess Diana, Uba Sani, Sani, , Princess Meghan, ” Harry, Boko Haram, Corporal Yusef, Polo Organizations: Nigeria CNN, Lightway Academy, Foundation, GEANCO Foundation, Nigerian Defence Headquarters, Nigeria Unconquered, Getty, World Trade, Invictus Games, Lagos Polo Club Locations: Lagos, Nigeria, Duchess of Sussex, Abuja, West, AFP, Texas, Africa, Nigerian, American, Kaduna
Each month, they pay $3,700 for their mortgage, $3,342 on their credit card debt and $2,495 on their auto loans. 'The house is burning down'When Sethi asked Kevin and Michelle why they needed help despite their high income, Kevin said impulse buys like drinks at 7-Eleven have really added up. The couple owes $73,000 in credit card debt and $99,000 on two auto loans for luxury cars. "That's a total distraction from what's really going on here, which is the house is burning down." At the time of the podcast's recording, the couple's fixed costs came out to about 73% of their monthly income.
Persons: Ramit Sethi, Rich, Kevin, Michelle, Sethi
In today's big story, we're looking at the people preparing for the collapse of the financial system . The big storyPreparing for the worstAdobe; Chelsea Jia Feng/BIOpinions fluctuate on the economy, but one group has a decidedly strong take. In the subreddit r/economiccollapse, users are preparing for a Soviet Union-type fall of the US economy , writes Business Insider's Jennifer Sor. Further down the economic totem pole, ALICEs (asset limited, income constrained, employed) are struggling to make ends meet . 3 things in techAlex Wong/Getty Images, STR / Contributor/Getty Images, Stephane De Sakutin/Contributor/Getty Images, Abanti Chowdhury/BIHow Mark Zuckerberg turned against the news.
Persons: , Chelsea Jia Feng, Jennifer Sor, Jennifer, aren't, Tyler, there's, Neil Dutta, Jim Simons, annualized, Alex Wong, Stephane De Sakutin, Abanti Chowdhury, Mark Zuckerberg, Zuckerberg, Rupert Murdoch, Sam Altman, Alyssa Powell, Rick Doblin, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Grace Lett Organizations: Service, Business, Chelsea, Macro, Renaissance Technologies, Big Tech, Apple, FDA, FOX Locations: Soviet Union, China, Washington, Beijing, New York, London, Chicago
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