DIRS.INFO The most relevant business & tech news

☆ Financial security is about time, not money, says self-made millionaire who retired at 35
▼ + stars: | 2024-04-16 | by ( Ryan Ermey | ) www.cnbc.com time to read: +1 min

CNBC's International Your Money Financial Security Survey conducted by SurveyMonkey recently asked people all over the world exactly that, and the answers revealed of how people in different countries think about their finances. "Financial security is not an income amount," the 42-year-old tells CNBC Make It. "To me, financial security is a time amount." Adcock says the moment he felt financially secure came in 2016 at age 35, when he retired from his corporate job with about $900,000. "That was really the first time where I felt financially secure, meaning we don't have to work for the rest of our lives."

Persons: SurveyMonkey, Steve Adcock, Adcock, didn't Organizations: Financial Security, CNBC

☆ More Americans say they are living paycheck to paycheck this year than in 2023—here's why
▼ + stars: | 2024-04-09 | by ( Gili Malinsky | ) www.cnbc.com time to read: +1 min

A majority, 65%, say they live paycheck to paycheck, according to CNBC and SurveyMonkey's recent Your Money International Financial Security Survey, which polled 498 U.S. adults. That's a slight increase from last year's results, which found that 58% of Americans considered themselves to be living paycheck to paycheck. The 2024 survey polled 4,342 adults altogether and included 500 adults from Mexico, 503 adults from Australia and 482 adults from Singapore. For Americans, the feeling of living paycheck to paycheck spans the gamut of salaries. Of those who said they do, 35% said they would need to make $50,000 per year to feel financially secure, 44% said they'd need to make $100,000 per year and 11% said they'd need to make $500,000 per year.

Persons: Here's what's Organizations: CNBC, International Financial Security Survey Locations: U.S, Mexico, Australia, Singapore

☆ The No. 1 factor that makes people feel financially secure—and how to achieve it
▼ + stars: | 2024-04-03 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +2 min

For many people, credit card debt is standing between them and financial security. And although many people feel that financial security means having little to no debt, achieving that goal is typically easier said than done. 1 factor that makes them feel financially secure, according to CNBC's International Your Money Financial Security Survey conducted by SurveyMonkey. While there are many different kinds of debt, from student loans to mortgages, by far one of the most expensive forms of debt is credit card debt. The majority of Americans wouldn't be able to cover a $1,000 emergency expense with their savings, per Bankrate's 2024 emergency savings report.

Persons: Ted Rossman, wouldn't, Matt Schulz Organizations: Financial Security, SurveyMonkey, Financial, CNBC

☆ Majority of people polled worried about their finances, SurveyMonkey CEO says
▼ + stars: | 2024-04-03 | 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 EmailMajority of people polled worried about their finances, SurveyMonkey CEO saysEric Johnson, CEO of SurveyMonkey, discusses the International Your Money Financial Security Survey.

Persons: Eric Johnson Organizations: Financial Security Survey

☆ Inflation is the main source of financial stress, CNBC's Your Money Survey finds
▼ + stars: | 2024-04-03 | 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 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

☆ How much money people say they need to earn in 9 countries to feel financially secure
▼ + stars: | 2024-04-03 | by ( Ryan Ermey | ) www.cnbc.com time to read: 1 min

How much annual income would you need to feel financially secure? Consider the responses to CNBC's International Your Money Financial Security Survey conducted by SurveyMonkey. Adults in the U.S. and eight other countries were asked how much money, at a minimum, they'd have to make to feel financially secure and could choose from four levels of annual income. Residents of other countries were given roughly analogous levels in their national currencies. Respondents could also indicate that they'd never feel financially secure.

Persons: SurveyMonkey Organizations: Financial Security Locations: U.S

☆ Half of adults globally are stressed about their finances, and inflation is a key reason
▼ + stars: | 2024-04-03 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

Roughly half of adults are stressed about personal finance, a new survey spanning various advanced economies found. D3sign | Moment | Getty ImagesAt least half of adults in a range of major economies report being stressed about their personal finances, and say inflation is one of the main reasons. In the U.S., Australia, Spain and Mexico, around 70% of adults said they were "very or somewhat stressed" about money. The percentage reduced slightly to 63% in the U.K., 57% in Germany, 55% in Switzerland, and roughly half of people in Singapore and France. Across those countries, between a half and two thirds of people said they considered themselves to be part of the middle class — except in the U.K., where it was a lower 37%.

Persons: SurveyMonkey Organizations: Financial Security Locations: U.S, Australia, Spain, Mexico, Germany, Switzerland, Singapore, France

☆ People feel financially worse off than their parents—but say their kids will be better off
▼ + stars: | 2024-04-03 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +6 min

It makes sense then that just 36.5% of adults say they feel they're better off financially than their parents, according to CNBC's International Your Money Financial Security Survey conducted by SurveyMonkey. A greater share — 42.8% — say they're worse off than their parents, while the remaining 20.7% say they're faring about the same. Here are three ways younger generations are financially worse off than their older counterparts. More equality Younger generations have navigated adulthood with more freedoms than a lot of their parents may have had. Gender and racial pay gaps, along with other barriers to wealth-building, certainly still affect Gen X and millennials.

Persons: they're, Gen, Xers, Clever, Gen X, Tara Unverzagt, I'm, millennials, Louis Fed, Unverzagt Organizations: Financial Security, SurveyMonkey, Education Data Initiative, CNBC, Pew Research Locations: U.S

☆ Target and Walmart stores in the Bay Area are locking up underwear and socks to prevent shoplifting
▼ + stars: | 2024-01-15 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

Target and Walmart stores in the Bay Area are putting underwear and socks behind locked doors. AdvertisementUnderwear and socks are some of the latest items to be locked up at Target and Walmart stores in the Bay Area, in the retailers' latest efforts to combat shoplifting, NBC Bay Area reported . One customer told NBC Bay Area that they had to wait 10 minutes for an assistant to retrieve an item. A Walmart store located in Hilltop, California is also keeping underwear locked up in a bid to prevent theft. Cesar Zepeda, a Richmond City councilmember, said in an interview with NBC Bay Area that retail theft is hurting the local community and its likely to lead to store closures.

Persons: —, Cesar Zepeda Organizations: Walmart, Service, Target, NBC Bay, NBC Bay Area, Richmond City councilmember, Social, National, Security Survey Locations: Bay, Hilltop , California, Richmond

☆ Retailers urge Congress to crack down on theft, as industry ramps up lobbying effort
▼ + stars: | 2023-10-26 | by ( Courtney Reagan | ) www.cnbc.com time to read: +5 min

"[Organized retail crime] has to be dealt with in a comprehensive way. The retail lobby group dubbed its event "Fight Retail Crime Day." Representatives from more than 30 retailers joined a major industry lobbying group on Capitol Hill on Thursday, as they ramped up pressure to pass a law that backers say will curb retail theft. Organized retail crime is different from shoplifting. The Combating Organized Retail Crime Act was reintroduced earlier this year.

Persons: Sen, Chuck Grassley, Matthew Shay, William Blair, Scott McBride, McBride, Dina Titus Organizations: Capitol, National Retail Federation, Retailers, Department of Homeland Security, American Eagle Outfitters, Walgreens Locations: Iowa, Washington

NEW YORK (AP) — Target will close nine stores in four states, including one in East Harlem, New York and three in San Francisco, saying that theft and organized retail crime have threatened the safety of its workers and customers. Political Cartoons View All 1182 ImagesWhile the store closings account for just a fraction of the 1,900 stores Target operates nationwide, the move is significant. For example, the Target store in East Harlem is located in a heavily Hispanic area, and residents have few choices to buy good quality healthy foods. “Our team continues to face an unacceptable amount of retail theft and organized retail crime,” Cornell told analysts. More than two-thirds of respondents said they were seeing even more violence and aggression from perpetrators of organized retail crime compared with a year ago.

Persons: Target, ”, Brian Cornell, Cornell, ” Cornell, Anne Organizations: Target, University of Washington, Month, Pride Month, Dick's Sporting Goods, National Retail Federation, ACT, U.S . Department of Homeland, Security Investigations Locations: East Harlem , New York, San Francisco, Portland , Oregon, Seattle, East Harlem, Folsom

☆ Retail theft isn't actually increasing much, major industry study finds
▼ + stars: | 2023-09-26 | by ( Courtney Reagan | ) www.cnbc.com time to read: +3 min

Total retail shrink grew to more than $112 billion in 2022, up from $93.9 billion the year before, according to the newest National Retail Security Survey. The metric, which accounts for various types of inventory loss including theft, damage and vendor error, generally rises as retail sales climb. External theft, which includes organized retail crime, was again reported as the largest source of shrink last year at 36.15%, but that was slightly below 37% in 2021. The NRF conducted the online survey of senior loss prevention and security executives in the retail industry. The results for 2022 include 177 retail brand respondents, which the organization said accounted for 22% of retail sales in 2022.

Persons: Duane Reade, Angela Weiss, Locker, David Johnston Organizations: Afp, Getty, Target, National Retail Federation, National Retail Security Survey, Retail Security Locations: New York City

☆ Shoplifting and other inventory loss cost retailers $112 billion last year
▼ + stars: | 2023-09-26 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +1 min

Retailers lost a record $112.1 billion to inventory shrink in 2022, per an industry survey. External and internal theft accounted for roughly two-thirds of the losses. AdvertisementAdvertisementRetailers reported losing a record $112.1 billion to inventory shrink in 2022, according to the National Retail Federation's annual Retail Security Survey, published Tuesday. Combined, the two categories of theft account for roughly two-thirds of total shrink. As a percentage of sales, inventory shrink ticked up to 1.6% from 1.4% in 2021, and the total losses are roughly $18 billion higher than the prior record of $94 billion in 2021.

Persons: — Organizations: Service, National, Security

☆ Why Lululemon will fire employees if they try to stop thieves
▼ + stars: | 2023-06-02 | by ( Cadie Thompson | ) www.businessinsider.com time to read: +3 min

Lululemon has a zero-tolerance policy for employees engaging with thieves. Two former Lululemon employees said they were fired after calling police to report a robbery. Recently, two former Lululemon employees in Peachtree Corners, Georgia said they were fired from the retailer after calling the police to report a robbery. He also said that Lululemon employees are allowed to call the police. Like Lululemon, many retailers prohibit employees from engaging with thieves in order to keep the workers safe.

Persons: Lululemon, Calvin McDonald, —, McDonald Organizations: CNBC, Service, Employees, NBC News, National Retail Federation Locations: Peachtree Corners, Georgia

☆ A CVS in New York City is turning to specially trained dogs to combat rampant shoplifting
▼ + stars: | 2023-02-23 | by ( Danni Santana | ) www.businessinsider.com time to read: +2 min

Retailers across the US are fighting an increase in store theft. In New York City, one non-profit retail trade group has started using dogs to combat the problem. The 34th Street Partnership launched the program in partnership with Stapleton Security Services this month at a local CVS. In an emailed comment to Insider, the 34th Street Partnership Ward said the firm has "initiated the canine patrol as a pilot project and will evaluate its efficacy as it continues. Nationwide, retail theft has become a $95 billion problem for the industry, according to the National Retail Federation's most recent Retail Security Survey.

☆ Stores say shoplifting is a national crisis. The numbers don’t back it up
▼ + stars: | 2023-01-18 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +7 min

Videos of brazen shoplifting incidents, like this one posted to social media in 2021, have turned retail theft into a national issue. The metric incorporates inventory losses caused by external theft, including organized retail crime, employee theft, human errors, vendor fraud, damaged or mismarked items and other losses. Whatever the numbers say, though, retailers maintain that organized retail crime has gotten worse. Organized retail crime typically refers to large-scale retail theft and fraud by groups of professional shoplifters who conspire to steal and resell stolen merchandise. The NRF estimates that organized retail crime costs companies an average of just 7 cents for every $100 in sales.

Search resuls for: "Security Survey"

16 mentions found