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Organizations: New York Times
The stigma of the "childless cat lady" persists, but these days, more young adults are embracing that label and opting out of parenthood — and benefitting, at least monetarily. Nearly a quarter, or 23%, of millennials and Generation Zers without children do not plan on having children, primarily due to financial reasons, according to a recent consumer spending and saving index by MassMutual. A preference for financial freedom and the inability to afford children are equally cited by 43% of younger generations, MassMutual found. Since the 1970s, the overall share of married adults has declined and fewer couples are having children, according to a 2023 report from Pew Research Center. Although there is a financial benefit, "it's not like you are child-free and checks fall out of the sky," said Jay Zigmont, author of "The Childfree Guide to Life and Money."
Persons: Taylor Swift, Kamala Harris, MassMutual, Pew, Jay Zigmont Organizations: Democratic, Finance, Pew Research Center Locations: Bath, England, U.S
More borrowers are carrying debt from month to month and a growing number are falling behind on their monthly credit card payments. Over the last year, roughly 9.1% of credit card balances transitioned into delinquency, the New York Fed reported for the second quarter of 2024. Nearly half, 44%, of Americans said credit card debt is the biggest threat to their ability to build wealth, according to Edelman Financial Engines. "High-interest rate credit card debt, more than other sorts of debt, is a savings killer, because when you have it, you have to feed the beast. Among millionaires, 68% said they would need at least $3 million and 40% said feeling wealthy would require $5 million of more.
Persons: Chatzky, Organizations: Bureau of Labor Statistics, New York Fed, Edelman
Mari Pepin and Kenny Braasch got engaged on season 7 of "Bachelor in Paradise" and married in 2023. Pepin was a participant on "The Bachelor" season 25, which aired in 2021, and then returned for "Bachelor in Paradise" season 7 later that year. After "Bachelor in Paradise" aired and her following jumped, influencer opportunities followed. Mariela Pepin, who goes by Mari, was a contestant on "The Bachelor" season 25 and then "Bachelor in Paradise" season 7. Still, 57% of Gen Zers said they would like to become an influencer if given the chance, according to a 2023 report from Morning Consult.
Persons: Mari Pepin, Kenny Braasch, Pepin, Kenny Braasch's, Braasch, Mariela Pepin, Mari, influencers, Casey Lewis, Gen Zers, Lewis, Bankrate Organizations: Finance, Pepin, CNBC, Brands Locations: Chicago, U.S
And it seems to be going well for the vice president so far. AdvertisementA key area closely connected to gender voting patterns — and which has helped tip elections toward the Democrats in recent years — is abortion rights. AdvertisementWomen-led political action committees (PACs) and organizations have also been rallying behind the vice president over the issue. The vice president is a member of Alpha Kappa Alpha, the US's oldest Black sorority and part of the National Pan-Hellenic Council — more commonly known as the Divine Nine. Black women are also getting behind Harris' running mate, Tim Walz, who has established himself as a reproductive rights messenger in his own right.
Persons: , Kamala Harris, Donald Trump, Harris, Joe Biden, Roe, Wade, Biden, Vance, Shana Gadarian, Ali Monge, Jessica Mackler, Trump, — that's, Win McNamee, Tonya Ly, They've, Tim Walz, Walz, Brenda Coles, you've, hadn't, JD Vance, Taylor Swift, Cat Lady, Fernando Leon, TAS23, Drew Hallowell, Swift, Billie Eilish, Beyoncé, Darrell West, Winfrey, Obama Organizations: Service, Business, Democrats, Suffolk University, USA, Trump, Syracuse University, Women, PAC, Getty, Alpha Kappa Alpha, Black, Pan, Hellenic, Politico, DNC, Rights Management, Governance, Brookings Institution Locations: Minnesota, Virginia, Instagram, African
"I'm really proud of this moment," Carolina Panthers President Kristi Coleman told CNBC ahead of the game. The game is the first time two female presidents will go head-to-head in professional football. When the Carolina Panthers take on the Las Vegas Raiders on Sunday, it will mark a historic first for the National Football League. The NFL says 22 women currently hold full-time coaching positions in the NFL. As part of growing and developing that pipeline of women, the NFL holds an annual Women's Forum.
Persons: Kristi Coleman, David Tepper, Dave Canales, Coleman, Sandra Douglass Morgan, Mark Davis, Douglass Morgan Organizations: Carolina Panthers, CNBC, NFL, Las Vegas Raiders, National Football League . Carolina Panthers, Bank of America, Panthers, Tepper Sports & Entertainment, NFL League Office, The Institute, Diversity, University of Central Locations: Charlotte , North Carolina, Sport, University of Central Florida
CNN —In some corners of society, there appears to be a shift in the way people talk about kids. Every so often, a provocative social media post sets off predictably polarizing discourse about the presence of children in daily life. The implication (joking or otherwise) is that children are a nuisance and adults shouldn’t have to endure them if they don’t want to. The people behind them aren’t part of some organized movement nor are they actually lobbying for the exclusion of children from public spaces. Rather, Berg understands online disdain for kids partly as a performative response to rhetoric from political and religious conservatives.
Persons: snarkily, , shouldn’t, Mariah Maddox, , Elinor Burkett, Boon, , Lisa Belkin, Jason Lancaster, Anastasia Berg, Rachel Wiseman, Berg, JD Vance’s, Pope Francis, aren’t, Jessica J, June Carbone, Carbone, ” Carbone, Yolanda Williams, glared, ” Williams, Lauren Kavan, She’s, Kavan, , , Jessica Calarco Organizations: CNN, Friendly, New York Times Magazine, University of Wisconsin, Madison, , tote Locations: Ohio, Nebraska, Berg
Growing up, I felt that I had a well-rounded childhood, and I try to mirror this for my own kids. I went to a private schoolMy childhood started in a private preschool setting and in many ways, I feel as though that experience led me toward a successful path in terms of social connections and education. When I had children of my own, sending them to a similar preschool was a high priority for me. AdvertisementSuddenly, sending both of our daughters to this wildly expensive preschool was no longer something we could just do. AdvertisementSchool gave them a lot more than educationAt first, I chose to send them to private preschool for their early education and social learning, but in the end, it became so much more than that.
Persons: wouldn't Organizations: Service
Read previewNASA's Deep Space Food Challenge, launched in 2021, asked teams worldwide to develop a sustainable way to feed and nourish astronauts on long-duration space missions, including to Mars. The biotech company Interstellar Lab beat over 300 competing teams to receive NASA's $750,000 grand prize in August for its project NuCLEUS (NUtritional Closed-Loop Eco-Unit System). The software that controls the lighting, humidity, and temperature in each cube manipulates the environment to provide the optimal growing conditions for each plant's nutritional content. Interstellar Lab is launching one of its systems into space next yearPart of NASA's $750,000 award will go toward paying the team for their hard work. Interstellar LabWhile NuCLEUS was designed with NASA astronauts in mind, Belvisi said that Interstellar Lab is also working with private companies.
Persons: , It's, Barbara Belvisi, Belvisi Organizations: Service, Interstellar Lab, Business, Lab, B12, Lab's, NASA
So, home loan rates may continue to fluctuate. Don't wait to reassess credit card debtWhen it comes to credit card debt, the math is a little more cut-and-dried. In the wake of the rate hike cycle, the average credit card rate rose from 16.34% in March 2022 to more than 20% today — nearing an all-time high. watch nowAlternatively, borrowers can call their card issuer and ask for a lower interest rate on their current card. Auto loan refinancing options depend on equityAlthough auto loans are fixed, the rates on new-car loans will come down with the Fed's moves.
Persons: Jacob Channel, Matt Schulz, Schulz, you've, Ivan Drury, Edmunds Organizations: Treasury, LendingTree, Auto
Half a dozen interviews later, her media strategy is taking shape, even if viewers in New York and Washington might not be seeing it. In recent days, Harris has granted sit-downs to local media outlets and fielded questions in unconventional forums to target crucial swing state and minority voters. Earlier this week, Harris parried tough questions from the National Association of Black Journalists and taped an appearance with Stephanie “Chiquibaby” Himonidis, a popular Spanish-language radio host and podcaster. Trump’s media strategy is looser – he appears on his favorite Fox shows, gives statements and brief interviews to beat reporters, and holds occasional press conferences. In addition to viewers watching online, Winfrey will invite 400 local voters to join her for the conversation in-person, focusing particularly on voters in battleground states as the election approaches.
Persons: Kamala Harris, Donald Trump, Harris, Tim Walz, Harris parried, Stephanie “ Chiquibaby, Oprah Winfrey, Harris ’, Ian Sams, , , won’t, Trump, Elon Musk, Sams, Trump’s, , ” Harris, Walz’s, Dana Bash, Biden, Rickey Smiley, Jessica, , Walz, Winfrey, TikTok, Elizabeth Wagmeister Organizations: New, New York CNN, Democratic, National Association of Black Journalists, CNN, ABC News, Republican, Fox, Elon, Black, Fox News, MSNBC, America, Democratic National Convention, YouTube, Facebook Locations: New York, Washington, Spanish, Phoenix, Arizona, North Carolina, WPVI, Philadelphia, Georgia , Wisconsin
Market Navigator: Bullish setup in the SPX charts
  + stars: | 2024-09-19 | 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 EmailMarket Navigator: Bullish setup in the SPX chartsJessica Inskip, StockBrokers.com director of investor research, joins 'Power Lunch' to discuss the market technicals in play.
Persons: Jessica Inskip
John Donahoe, CEO of Nike, attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, U.S., July 10, 2024. Nike on Thursday announced that its CEO John Donahoe is stepping down and company veteran Elliott Hill is coming out of retirement to take the helm of the sneaker giant. Donahoe, who has been Nike's CEO since Jan. 2020, will retire from his position on Oct. 13. But on Thursday, Knight said in a statement that he is excited to welcome Hill back to the team. We've got a lot of work to do but I'm looking forward to seeing Nike back on its pace."
Persons: John Donahoe, Elliott Hill, Elliott, Nike's, Mark Parker, Donahoe, Phil Knight, Knight, We've Organizations: Nike, Allen, Co, Sun Valley Media, Technology Conference Locations: Sun Valley , Idaho, U.S, China
Harvey Weinstein was arraigned on an additional sex crimes charge in a New York City courtroom Wednesday, roughly two months ahead of a retrial in the disgraced Hollywood producer’s landmark #MeToo case. “Thanks to this survivor who bravely came forward, Harvey Weinstein now stands indicted for an additional alleged violent sexual assault,” Bragg said. “This investigation is ongoing.”In all, more than 80 women have accused Weinstein of sexual assault or harassment going back decades. (He was acquitted of two counts of predatory sexual assault and a count of first-degree rape.) (The jury acquitted him of a count of sexual battery by restraint and failed to reach a verdict on three other sexual assault counts.)
Persons: Harvey Weinstein, Weinstein, Attorney Alvin Bragg, ” Bragg, Jessica Mann, Mimi Haley, Gloria Allred, , Mann, Harvey, ” Mann, retry Weinstein, Oscar, , Love Organizations: Hollywood, New, Attorney, Manhattan, Bellevue Hospital, Miramax, The New York Times, Yorker Locations: New York City, Manhattan, New York, New, York, Los Angeles, Angeles
"Interest rates took the elevator going up, but they'll be taking the stairs coming down," he said. That makes paying down high-cost credit card debt a top priority since "interest rates won't fall fast enough to bail you out of a tight situation," McBride said. "Many Americans have been holding off on making vehicle purchases in the hopes that prices and interest rates would come down, or that incentives would make a return," Caldwell said. Student loansFederal student loan rates are also fixed, so most borrowers won't be immediately affected by a rate cut. Eventually, borrowers with existing variable-rate private student loans may be able to refinance into a less expensive fixed-rate loan, he said.
Persons: Spencer Platt, APRs, McBride, they'll, Jacob Channel, Jessica Caldwell, Edmunds, Caldwell, Mark Kantrowitz Organizations: Getty, Treasury, Auto, Fed Locations: New York City, Edmunds
How to make the Fed rate cut work for you
  + stars: | 2024-09-18 | by ( Jeanne Sahadi | ) edition.cnn.com   time to read: +11 min
In its August survey of car shoppers, a majority (64%) said a Fed rate cut likely would affect the timing of their purchase. But here’s the thing: Car loan rates are pretty high — the average is 7.1% for new cars and 11.3% for used cars, according to Edmunds. If you do buy a home this year and are considering buying down points to reduce your mortgage rate, crunch some numbers first, Diodato advised. That’s because you will pay thousands of dollars to buy down your mortgage rate now, and then thousands more in fees to refinance. What to do if you’re not near retirement: Reconsider how much money you’re keeping in cash or cash-equivalent investments.
Persons: Jerome Powell, Powell, , , Greg McBride, McBride, Chris Diodato, Jessica Caldwell, ” McBride, Caldwell, We’re, Diodato, you’ll, won’t, Kathy Jones, Jones Organizations: CNN, Federal Reserve, Bankrate.com, Fed, Treasury, FDIC, Schwab Center, Financial Research, AAA, Bond Locations: Edmunds, Schwab.com
Read previewSaudi Arabia's new city of the future, Neom, isn't looking quite so glamorous just yet. A wave of vloggers and micro-influencers have been posting on social media about their lives in the still-developing desert city — and their posts are kind of falling flat. AdvertisementThis publicity image shows a design for "The Line," a part of the planned Saudi Arabian desert megacity in Neom. NeomAnd then there's the reality of what living in Neom currently looks like. The city of Neom did not immediately respond to a request for comment from Business Insider, nor did Herman.
Persons: , Saudi Arabia's Crown Prince Mohammed bin Salman, Jessica Herman, Herman, It's, Herman who's, vloggers, Sara Sarasid, Aida McPherson, Joshua Hind, Matt Bevan, Herman's, we've, Neom Organizations: Service, Saudi Arabia's Crown, Business, ABC News, BBC, Saudi, Wall, Variety Locations: Saudi, Neom, KSA
CNN —A phased reopening of Apalachee High School, the scene of this year’s deadliest school shooting, is scheduled to begin September 24. The area where the Apalachee High shooting unfolded, J Hall, will be closed for the rest of the school year after two students and two teachers were killed in the September 4 attack. “Everyone is processing or will process a tragedy differently,” said Michelle Kefford, principal at Marjory Stoneman Douglas High School in Parkland, Florida. Among its advice: ensure all physical damage is repaired and let staff members “feel comfortable in their building” before students return. “Thank you for your patience, understanding, and trust,” the Apalachee High administrators ended their letter.
Persons: Jessica Rehberg, who’ve, J, Jud Smith, , Michelle Kefford, Marjory Stoneman, , ” CNN’s Nicole Chavez, Michelle Watson Organizations: CNN, Apalachee High School, Barrow County, Dallas, Resources, Marjory Stoneman Douglas High School, Recovery Locations: Barrow, Barrow County, Parkland , Florida
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChief executive of Jessica Alba's Honest Company opens up about her Afro-Latina heritageAs one of the first Afro-Latina CEOs of a publicly traded company, The Honest Company's Carla Vernón says celebrating the Hispanic diaspora is a beautiful thing.
Persons: Jessica Alba's, Carla Vernón Organizations: Company
CNN —A critical witness in the original trial of disgraced Hollywood producer Harvey Weinstein has announced she will testify in his upcoming retrial on criminal charges. After Weinstein’s conviction was overturned earlier this year, Mimi Haley, a former production assistant on The Weinstein Company’s “Project Runway,” said she wasn’t sure if she wanted to go through it all again. Haley alleged that Weinstein had pinned her down and forced her into a sex act in 2006 at his Manhattan apartment. Last week, he was indicted in Manhattan in connection to new sexual assault allegations, according to prosecutors. If he is cleared to attend the hearing, Weinstein is expected to be arraigned on the new indictment.
Persons: Harvey Weinstein, Mimi Haley, Weinstein, , Gloria Allred, , Haley, Jessica Mann, Mann, Arthur Aidala Organizations: CNN, Hollywood, New, Bellevue Hospital Locations: Manhattan, New York, Los Angeles
New York officials released Monday forensic sketches and informational flyers about a possible new victim in the Gilgo Beach serial killings case, in an effort to identify them and get new leads in the roughly 20-year-old homicide. The remains of the victim, referred to as “Asian Doe,” were found in 2011 near the bodies of at least 10 others near Long Island, New York’s Gilgo Beach. Long Island architect Rex Heuermann, 61, was arrested last year in connection with the Gilgo Beach serial killings. Heuermann was initially charged with killing three women — Megan Waterman, Amber Costello and Melissa Barthelemy — and dumping their bodies near Gilgo Beach. Authorities previously disclosed that “Asian Doe” was wearing women’s clothing, but did not provide further details.
Persons: , Ray Tierney, Doe, 5’3 ”, Tierney, ” Tierney, , Rex Heuermann, Heuermann, Megan Waterman, Amber Costello, Melissa Barthelemy —, — Maureen Brainard, Barnes, Jessica Taylor, Sandra Costilla —, Megan Waterman’s, “ We’re, Bill Blass, Shannan Gilbert Organizations: Attorney’s Office, Authorities, New York City Police Department, NBC Locations: York, Long Island, Suffolk County, Southern China, Gilgo Beach, Gilgo, Oak Beach
The FBI investigates the attempted assassination of Donald Trump at his Florida golf club. The speaker’s initial strategy had called for a six-month continuing resolution tied to the SAVE Act, legislation backed by Donald Trump requiring proof of citizenship to vote. It won for best drama series, Hiroyuki Sanada won for best actor in a drama, and Anna Sawai took best actress. Richard Gadd won for best actor in a limited or anthology series or movie, and Jessica Gunning won best supporting actress in a limited or anthology series or movie. “We feel violated.”— Julie Shapiro, managing editor, enterprisePolitics in BriefSpringfield visit: Former President Donald Trump plans to visit Springfield, Ohio, the site of his baseless claims about Haitian immigrants, a source familiar with the planning said.
Persons: Donald Trump, Trump, Eric Thayer, Donald Trump’s, Ryan Wesley Routh, Steven Cheung, Kamala Harris, Mike Johnson, , , Tierney, Johnson, Christopher Polk, “ Shōgun, Hiroyuki Sanada, Anna Sawai, “ Shōgun ”, Jeremy Allen White, Liza Colón, Zayas, Ebon Moss, Bachrach, Christopher Storer, Richard Gadd, Jessica Gunning, NFL Kevin Sabitus, Greg Rosenstein, Vic, Mel l, lea, stu Organizations: FBI, House Republicans, Bloomberg, Getty, Service, NBC News, Secret Service, Trump, Mar, GOP, Getty Images House Republicans, SAVE, Variety, Creative Arts, NFL, AFC, NBC, Uni Locations: Florida, Pennsylvania, West Palm Beach , Florida, Japan, Fra, abo
Here's a full list of the winner's from Sunday night's 76th Primetime Emmy Awards, so far. Supporting actress in a limited or anthology series:WINNER: Jessica Gunning, “Baby Reindeer”Dakota Fanning, “Ripley”Lily Gladstone, “Under The Bridge”Aja Naomi King, “Lessons In Chemistry”Diane Lane, “Feud: Capote vs. The Swans”Nava Mau, “Baby Reindeer”Kali Reis, “True Detective: Night Country”Outstanding reality competition program:WINNER: “The Traitors”“The Amazing Race”“RuPaul’s Drag Race”“Top Chef”“The Voice”Outstanding lead actress in a comedy seriesWINNER: Jean Smart, “Hacks”Quinta Brunson, “Abbott Elementary”Ayo Edebiri, “The Bear”Selena Gomez, “Only Murders in the Building”Maya Rudolph, “Loot”Kristen Wiig, “Palm Royale”Supporting actress in a drama series:WINNER: Elizabeth Debicki, “The Crown Netflix”Christine Baranski, “The Gilded Age”Nicole Beharie, “The Morning Show”Greta Lee, “The Morning Show”Lesley Manville, “The Crown”Karen Pittman, “The Morning Show”Holland Taylor, “The Morning Show”Supporting actress in a comedy series:WINNER: Liza Colón-Zayas, “The Bear”Carol Burnett, “Palm Royale”Hannah Einbinder, “Hacks”Janelle James, “Abbott Elementary”Sheryl Lee Ralph, “Abbott Elementary”Meryl Streep, “Only Murders In The Building”Outstanding lead actor in a comedy series:WINNER: Jeremy Allen White, “The Bear”Matt Berry, “What We Do in the Shadows”Larry David, “Curb Your Enthusiasm”Steve Martin, “Only Murders in the Building”Martin Short, “Only Murders in the Building”D’Pharaoh Woon-A-Tai, “Reservation Dogs”Supporting actor in a drama series:WINNER: Billy Crudup, “The Morning Show”Tadanobu Asano, “Shōgun”Mark Duplass, “The Morning Show”Jon Hamm, “The Morning Show”Takehiro Hira, “Shōgun”Jack Lowden, “Slow Horses”Jonathan Pryce, “The Crown”Supporting actor in a comedy seriesWINNER: Ebon Moss-Bachrach, “The Bear”Lionel Boyce, “The Bear”Paul W. Downs, “Hacks”Paul Rudd, “Only Murders In The Building”Tyler James Williams, “Abbott Elementary”Bowen Yang, “Saturday Night Live”
Persons: Jessica Gunning, Dakota Fanning, “ Ripley, Lily Gladstone, Aja Naomi King, Diane Lane, Nava, Kali Reis, , , Jean Smart, ” Quinta Brunson, “ Abbott, Selena Gomez, Maya Rudolph, ” Kristen Wiig, Elizabeth Debicki, Netflix ” Christine Baranski, Nicole Beharie, Greta Lee, Lesley Manville, Karen Pittman, Holland Taylor, Liza Colón, Zayas, Carol Burnett, Hannah Einbinder, ” Janelle James, ” Sheryl Lee Ralph, Meryl Streep, Jeremy Allen White, Matt Berry, Larry David, Steve Martin, Martin, D’Pharaoh Woon, Billy Crudup, Tadanobu Asano, “ Shōgun, Mark Duplass, Jon Hamm, Takehiro Hira, Jack Lowden, Jonathan Pryce, Ebon Moss, Bachrach, Lionel Boyce, Paul, ” Paul Rudd, ” Tyler James Williams, ” Bowen Yang Organizations: Netflix Locations:
Although the data shows the rate of high school graduates enrolling within a year of their graduation is significantly higher for students from low poverty high schools. Junior Achievement and Citizen polled 1,000 teenagers between the ages of 13 and 18 in July. Roughly half, or 49%, believe a high school degree, trade program, two-year degree or other type of enrichment program is the highest level of education needed for their anticipated career path. "Teens are starting to get a clearer idea, if they are not going to go the college route, of what the alternatives might be," said Ed Grocholski, chief marketing officer at Junior Achievement. Advancements in artificial intelligence and technology training have also helped change the equation for some young people, Junior Achievement found.
Persons: Doug Shapiro, Shapiro, Ed Grocholski Organizations: Student Clearinghouse Research, Finance, Junior Achievement, Citizen
Bank of Japan Governor Kazuo Ueda attends a session in the financial affairs committee at the lower house of parliament on Aug. 23, 2024 in Tokyo. Economists, FX strategists and Japan-focused fund managers are split over the timing of the Bank of Japan's next interest rate hike, according to a new CNBC International survey. BOJ Governor Kazuo Ueda said last month that the central bank would continue to raise interest rates if inflation stayed on course, while also closely monitoring financial market conditions. "We think the central bank will be keen to move gradually and allow the impact of the July rate hike to be fully felt," said Jessica Hinds, director in Fitch Ratings' economics team. CNBC's survey found 18.75% of respondents expect a hike for the October meeting, while another 25% said a hike was possible.
Persons: Kazuo Ueda, Jessica Hinds Organizations: Japan, FX, Bank of Japan's, CNBC International, CNBC, Fitch Locations: Tokyo, Japan
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