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Investing can be intimidating, but financial planners recommend index funds to make things easier. Index funds are generally low-cost, but make sure you understand what fees are involved. Instead, experts have a suggestion to reduce the overwhelm for new and experienced investors alike: total stock market index funds, which give you exposure to the stock market more broadly. AdvertisementWhen you're picking your total market index fund, keep in mind that many of the funds are tracking the same indexes. Susan Dziubinski, an investment specialist at investment research firm Morningstar, identified total market funds as one of the five best ways to invest money.
Persons: Bryan Hasling, Hasling, there's, Charles Schwab, Susan Dziubinski, Morningstar, Dziubinski, doesn't Organizations: Apple, Financial, Fidelity Investments, Wall Street Locations: U.S
Opinion: A Russian weapon could wipe out US space edge
  + stars: | 2024-05-15 | by ( Clayton Swope | ) edition.cnn.com   time to read: +7 min
Here, the NanoRacks-Remove Debris satellite is deployed from the International Space Station in 2018. Before revelations about Russia’s development of a nuclear anti-satellite weapon, there had been indications of global recognition that the use of certain space weapons was bad for everyone. The proposed defense budget for 2025 does not reflect the scale and urgency of the need to counter space threats and protect space systems. Learning how to operate satellites in a space environment clogged with debris or increased radiation caused by a space weapon is also important. We need a two-pronged effort to prepare for the worst: Double down on efforts to protect and maintain access to space in a hostile space environment and consider how to operate without space.
Persons: Clayton Swope, Mike Turner, Estonia’s, , Vassily Nebenzia, Frank Herbert’s Organizations: Aerospace Security, International Security, Center for Strategic, International Studies, CIA, CNN, Clayton, Clayton Swope Center, Strategic, United, US, Intelligence, Ohio Republican, International Space Station, NASA, GPS, Finnair, United Nations, UN, Twitter Locations: Washington , DC, Russian, United States, Russia, Ohio, Vietnam, Guadalcanal, Iwo Jima, Tartu, China, Moscow
The Battle for The Streets of New York
  + stars: | 2024-05-13 | by ( Dodai Stewart | ) www.nytimes.com   time to read: +11 min
New York City streets and sidewalks have always been crowded, but it’s never been like this. But lately, New York City streets are teetering between lively and unlivable. Karsten Moran for The New York Times“I think this could be the catalyst for a streets renaissance in New York,” Janette Sadik-Khan, New York City’s former transportation commissioner, said in a recent interview. New York City’s population reached 8.8 million in 2020, and the New York region is now home to nearly 19 million people. Use this form to tell us what you think about the state of New York City’s streets.
Persons: it’s, Karsten Moran, ” Janette Sadik, , , Susan Lee, William Notman, Jon Orcutt, you’re, , Henry Hale Bliss, Bliss, James Nevius, George Rinhart, Damon Winter, Sadik, Yorkers who’ve, Ms, Khan Organizations: New, Lexington, Verizon, FedEx, The New York Times, Broadway, Getty, Yorkers, Brooklyn baseball, Midtown, Bike New, city’s Department of Transportation, Park West, Times, New York Times, Cycling Locations: New York City, New York, Manhattan, , New York, York, York’s, Midtown —, Bike New York, United States, Holland, Jackson, Queens, Bogotá, Stockholm, London, Paris, Europe,
AdvertisementIn late 2021, the Army Special Operations Command leaders and special forces recruiters had a problem: they needed more enlistees for their Psychological Operations groups. Experts in persuasion and influence, psychological warfare, or PsyOp, soldiers don't often fit the stereotypical mold of an Army recruit. US Army via GettyThe video aims to recruit future PsyOps soldiers and show applicants what their jobs will entail." The US Ghost Army deceived the Germans using inflatable tanks, radio deception, disguises, and impersonations. This photo provided by the Ghost Army Legacy Project shows inflatable tanks in March, 1945.
Persons: , they're, Steve Crowe Organizations: US Army, Service, Army Special Operations Command, Psychological Operations, Army, 8th Psychological Operations, Fort Liberty, Associated Press, US, Getty, Special Forces Recruiting Battalion, US Ghost Army, Ghost Army, National, AP Locations: Fort, Fort Liberty , North Carolina, China, Russia, Ukrainian, Crimea, Russian
Saudi Arabia's sprawling megacity, Neom, is billed as a chance to live in the "new future." AdvertisementOfficials say Neom will be a "cognitive city." The chosen candidate will control and operate the fish laboratory, ensuring high standards of fish welfare and supporting surveillance and investigation activities into fish health and disease control. Developers have said they want the island resort Sindalah to act as an "exclusive gateway to the stunning Red Sea." An image showing a nighttime view of mountains in the region in northwest Saudi Arabia where planners say Neom will be built.
Persons: , Neom, Prince Mohammed bin Salman's, Neom's Organizations: Service, Tech, NEOM Community School Locations: Saudi, Saudi Arabia, Tabuk, Sindalah, Gulf, Aqaba, Neom, Oxagon
Saudi Arabia is planning to build the world's longest infinity pool in Neom's Treyam region. The plans dwarf Dubai's 393-foot-long infinity pool that's suspended between twin skyscrapers. AdvertisementSaudi Arabia is planning a spectacular infinity pool that will be almost 1,500 feet long. #Treyam #NEOM pic.twitter.com/syJG7hCZ34 — NEOM (@NEOM) March 20, 2024In a statement, Neom said the design "represents a harmonious fusion of contemporary design and minimal environmental impact while promising guests an unparalleled retreat to unwind and rejuvenate amidst breathtaking natural vistas." NeomIf completed, the pool would dwarf nearby Dubai's offering — a 393-foot-long infinity pool suspended between twin skyscrapers.
Persons: , Neom, Prince Mohammed bin Salman's Organizations: Service, Planners Locations: Saudi Arabia, Treyam, Neom's Treyam, unwind, Aqaba, Neom's, Saudi
Malcolm Aw said he pulled out of a Neom contract because of alleged Saudi human rights abuses. AdvertisementA green energy founder pulled out of a $100 million Neom contract after he realized that the Saudis were bulldozing villages to make way for the megacity. AdvertisementHowever, satellite images analyzed by the BBC showed three villages, including schools and hospitals, were destroyed to make way for Neom. Aw's company uses solar energy for desalination, while most desalination plants burn fossil fuels and have been found to pollute oceans. "You know, we have the technology to solve the [green energy] problem that people are complaining about today.
Persons: Malcolm Aw, , Neom, Mohammed bin Salman's, Aw, Col Rabih Alenezi, Abdul Rahim al, Aw Boon Haw, Fatima al, Shawarbi, there's Organizations: Solar Water, Service, Solar, Saudi, BBC News, BBC, Neom, UN, BI, Bloomberg Locations: Saudi, Saudi Arabia, Dubai, Qatar, Neom
Neom planners are worried about The Line as costs skyrocket, The Wall Street Journal reported. Planners are reportedly concerned the horizontal skyscraper's design might not appeal to some people. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe cost of Saudi Arabia's Neom project seems to be spiraling — and that's not the only issue concerning planners. According to Neom's website, the city will have no roads or vehicles and run entirely on renewable energy.
Persons: , that's Organizations: Street Journal, Planners, Service, Saudi, Wall Street, World Trade, Business Locations: New York City
Sleeping apart the night before the weddingCouple getting ready in the bathroom. Monkey Business Images/ShutterstockThe tradition of spending one's wedding eve apart stems from marriage's roots as a contractual obligation rather than a romantic one, Brides reported. Keeping the couple apart until the wedding was a way to ensure the bride's virginity and create some mystery before the ceremony, as many unions were arranged. So, with more couples living together before tying the knot, the tradition has lost some appeal. If you like to work out together, go work out," she added.
Persons: Lara Mahler Organizations: Pew Research Center
In March 2023, Iran and Saudi Arabia brokered a deal to re-establish diplomatic relations. Related storiesThe US and Saudi Arabia are in the final steps of a new agreement on security guarantees and civilian nuclear assistance, Reuters reported last week. Many of Neom's projects aimed at capturing the luxury tourism market are located along the Red Sea coast. Set to open next year, Neom's luxury island resort of Sindalah is advertised as an "exclusive gateway to the stunning Red Sea." Saudi officials are already fighting to combat claims that Neom is facing delays and setbacks.
Persons: , it's, Israel, Kristian Coates Ulrichsen, Ulrichsen, Robert Mogielnicki, Mogielnicki, Neom Organizations: Saudi, Service, Neom, New York Times, Reuters, Rice, Baker Institute for Public Policy, Gulf States Institute, Bloomberg, Business Locations: Saudi, Dubai, Israel, Gaza, Iran, Saudi Arabia, China, Palestinian, Israeli, Red, Jeddah
Neom planners are worried The Line will kill a large number of birds, The Wall Street Journal reported. The futuristic mirrored structure is on a migration route used by billions of birds. AdvertisementNeom planners seem worried that the megaproject's mirrored "horizontal skyscraper" will kill a "significant number of birds." According to documents reviewed by The Wall Street Journal, the concerns relate to the location of The Line, which is on a migration route used by billions of birds. In planning documents, designers wrote that it was "inevitable that a significant number of birds will perish," illustrating their concerns with a drawing of a dead northern flicker, per the report.
Persons: Organizations: Street Journal, Service, Wall Street Journal, Business
Russia said on Monday that it would treat F-16s in Ukraine as an escalation because they're nuclear-capable. AdvertisementRussia warned on Monday against the expected arrival of F-16s in Ukraine, saying the US warplanes would be treated as an escalation given their potential as nuclear weapons platforms. AdvertisementMeanwhile, Russia has for months said the delivery of the F-16s is a provocation from NATO because they can be fitted to carry nuclear weapons. In any case, Ukraine does not possess any nuclear weapons in its arsenal, having surrendered them in 1994 when it gained independence. It is subject to the Treaty on the Non-Proliferation of Nuclear Weapons.
Persons: , Sergey Lavrov, Ukraine's Su, it's, They're, Jake Epstein, Epstein Organizations: Foreign Ministry, Service, NATO, Russian Foreign Ministry, North Atlantic Treaty Organization, Russia, Soviet, British Storm Shadow, Nuclear Weapons, US Navy Locations: Russia, Ukraine, United States, North, Belgium, Denmark, Norway, Netherlands, Kyiv, Russian, Belarus, Minsk, Moscow
He sees California Forever. And if he can't undo the damage, there may never be a California Forever. California Forever may be a subdivision, but it's precisely the kind of subdivision America needs right now. But here's the thing: California Forever may be a subdivision, but it's precisely the kind of subdivision America needs right now. Places like California Forever aren't being opposed by the people who are desperate for a place to live.
Persons: Jan Sramek's, Goldman Sachs, Sramek, Reid Hoffman, Laurene Powell Jobs, Marc Andreessen —, They've, Christie Hemm, Peter Thiel, Jan Sramek, Jan, Thiel, Goldman, CheatSheet, Sramek's, hadn't, Jonas Rave, who's, , Guy Saidenberg, Evernote, Marc Andreessen, Jane Jacobs, He's, he'd, Robert Moses, growth.y Christie Hemm, Flannery, Bronson Johnson, David George, Andreessen Horowitz, Marilyn Farley, Farley, Solano County's, Kathleen Threlfall, Bill Mortimore, California Forever's, Jessica Christian, he's, Lyle Lanley, Solano, Sam Houston, weren't, Gabriel Metcalf, You've, John Garamendi, Garamendi, isn't, they'll, latte, Christie, Travis, I've, aren't, They're Organizations: Silicon, California, BI Development, University of Cambridge, London School of Economics, Party, Rising Star, Facebook, York, Sramek's, BI Sramek, Google, American, Planners, Sacramento -, Travis Air Force Base, Area, titans, Farmers, councilwoman, California Forever, Sacramento Municipal Utility District, Air Force, Flannery Associates, Disney, San Francisco, Vallejo Naval, Historical Museum, Rep, BI, Solano, Sierra, Goldman Locations: San Francisco, It's, Sramek, California, Rio Vista, Solano County, Napa, Sacramento, Silicon Valley, America, London, Zurich, England, Czech Republic, Dřevohostice, York, British, Eastern Europe, Cambridge, Bay Area, Hayes Valley, America's cutest, Atlanta, Phoenix, Copenhagen, Barcelona, New York, Sacramento - San Joaquin, San Francisco Bay, Lake Tahoe, Toledo , Ohio, Silicon, Google's, Toronto, Big Tech, China, Calif, Springfield, Vallejo, He's, Atherton, Foreverville, Fairfield, Austin, Solano, Valley, Europe
Even if your employer doesn't offer a 401(k) plan, it shouldn't stop you from getting the most out of your retirement savings. You have other tax-advantaged options available to save for the future, including individual retirement accounts, Roth IRAs or health savings accounts — all of which can help your money grow. However, only about 11% of Americans max out their 401(k) contributions. If you don't have an employer retirement plan like a 401(k), all of those contributions are tax deductible. And unlike traditional IRAs, you don't have to take minimum distributions at any point.
Persons: Roth, Justin Rucci, Roth IRAs Roth, Alyson Basso Locations: Newport Beach , California, Middleton , Massachusetts
One women-focused nonprofit has launched a new way to help them get faster answers to their queries through the use of an online AI chatbot. The organization, Savvy Ladies, was founded more than 20 years ago by Stacy Francis, a certified financial planner and president and CEO of Francis Financial in New York City. After seeing her grandmother stay in an abusive situation because she lacked financial resources, Francis created the nonprofit with the goal of helping other women avoid similar situations. watch nowThe new chatbot — provided through Microsoft Copilot — allows visitors to the Savvy Ladies website to type in their financial questions and receive immediate answers curated from the website's content written by CFPs and other financial professionals. Investors are more likely to trust advice from generative AI tools than from social media, according to a survey released last year from the CFP Board, a professional organization representing professional financial planners.
Persons: Stacy Francis, Francis, CFPs, Judy Herbst, Michael Roberts, William H, Lawrence, Roberts Organizations: Francis Financial, Microsoft, CNBC's FA, Wharton School, University of Pennsylvania, CFP Locations: New York City, CNBC's
About 90,000 NATO troops have been training in Europe this spring for the Great Power war that most hope will never come: a clash between Russia and the West with potentially catastrophic consequences. In Estonia, paratroopers from the 82nd Airborne Division out of Fort Liberty, N.C., jumped out of planes alongside soldiers from Colchester Garrison in Essex, Britain, for “forcible entry” operations. In Lithuania, German soldiers arrived as a brigade stationed outside Germany on a permanent basis for the first time since World War II. And on the A4 autobahn in eastern Germany, a U.S. Army captain and his Macedonian counterpart rushed toward the Suwalki Gap — the place many war planners predict will be the flashpoint for a NATO war with Russia — hoping the overheated radiator on their Stryker armored combat vehicle wouldn’t kill the engine.
Persons: Russia — Organizations: NATO, Great, 82nd Airborne, Colchester Garrison, U.S . Army, Macedonian Locations: Europe, Russia, Estonia, Fort Liberty, N.C, Essex, Britain, Lithuania, Germany
The presence of the US Army’s Mid-Range Capability (MRC) ground-based missile system, increases the risks of “misjudgment and miscalculation” in a region already on edge over Chinese-Philippines face-offs in the South China Sea, Beijing says. It’s the first-ever deployment of the MRC missile system, also known as the Typhon system, to the Indo-Pacific theater, and it comes amid a series of US-Philippine military exercises, including the largest-ever edition of the bilateral Balikatan exercises beginning Monday. It also can fire the Tomahawk Land Attack Missile, a maneuverable cruise missile with a range of 1,600 kilometers (1,000 miles), according to the CSIS. Those are the same rules Washington and Manila accuse Beijing of ignoring with aggressive Chinese actions that have injured Filipino sailors and damaged vessels around disputed features in the South China Sea. US Army PacificChina’s missile advantageAnalysts say the deployment of the Typhon missile battery is the first signal of US plans to address what has long been an advantage for Beijing in the region.
Persons: Lin Jian, ” Lin, Stephen Koehler, , equalizes, , Collin Koh, Christopher Milhal, Koh, Rupert Schulenberg, Donald Trump “, Thomas, CNN’s Steven Jiang Organizations: South Korea CNN, US, MRC, US Army, Missile Defense, Center for Strategic, International Studies, Foreign, US Pacific Fleet, Sunday, Xinhua, CNN, US Air Force, US Army Pacific, Beijing, Rajaratnam, of International Studies, People’s Liberation Army Rocket Force, , don’t, International Institute for Strategic Studies, South, Lewis, McChord, Nuclear Forces Treaty, Russian, Philippine News Agency, CNN Philippine Locations: Seoul, South Korea, China, United States, Philippines, South China Sea, Beijing, Philippine, South China, Taiwan Strait, Qingdao, Washington, Manila, Asia, Pacific, Japan, Taiwan, Guam, Singapore, South, Soviet Union, Palawan, Sulu, Spratly
Street safety advocates say fire officials' focus on speed is making roads more dangerous. Many of the city's residents want to take action to make their streets safer. In March, LA voted overwhelmingly for a street safety policy that will finally enforce a nearly decade-old mobility plan to make the city's streets safer for non-drivers. Fire departments across the country have for decades opposed safer street design. He said fire departments can be convinced to support safer street design if they're heavily engaged by planners.
Persons: , we're, didn't, Michael Schneider, isn't, Schneider, Johns Hopkins, aren't, what's, Patrick Siegman, Kazuhiro Nogi, Siegman, Andy Boenau, Dan Burden, they're, Burden, Dan Organizations: Service, LA, Vehicles, Business, LA ., Code, Getty, San Francisco, Supervisors, National Fire Protection Locations: Angeles, Los Angeles, America, LA, Texas, Osaka, Japan, Paris, France, American, Tokyo, AFP, Baltimore, California
Hiring a life coach at age 31 and understanding what it means to 'invest in yourself'While I wasn't actively seeking advice in my 20s, my job as a personal finance reporter meant I was regularly surrounded by money, career, and life advice. My job involved talking to financial planners about smart money moves and to self-made millionaires about how to build wealth. Courtesy of Kathleen ElkinsIn August 2023, weeks after turning 31 and after a nine-year hiatus from having a coaching figure in my life, I hired a life coach. How is a life coach different from a therapist? It's the easiest money I "spend" every month because it doesn't feel like spending — it feels like (and is) an investment.
Persons: , I'd, didn't, wasn't, It'll, Bill Gates, , Kathleen Elkins, we've, He's, — aren't Organizations: Service, Business, IRA Locations: Boston
The 42-year-old retired from his corporate job in 2016 with about $900,000, a total that market gains soon pushed over $1 million. 'At least I was doing that'Adcock recalls his early 20s as a time where he was doing the "bare minimum" financially. "Thanks to [advice from] my dad, I contributed enough to get the match in my 401(k) — that was literally free money." By contributing enough in his 401(k) to receive a full match, Adcock was theoretically earning a 100% return on his money. 'We wanted to achieve early retirement as quickly as possible'
Persons: You'd, Steve Adcock, he'd, Adcock, Roth, Adcock's Organizations: Roth IRA, IRA Locations: Arizona
In your 30s, your list of financial burdens is probably growing, including everything from paying for child care to saving up for a first home. Despite these challenges, Americans in their 30s managed to save the most money out of any age group in 2023, according to data from New York Life. Parents in the U.S. spend around 24% of their household income on child care each year, a recent report from Care.com found. "But child care, we have to pay for that once the baby's born. If you're in your 30s and want to save more this year, here are two strategies to help stash away more cash.
Persons: it's, Shaun Melby, Care.com, you've Organizations: New York, Melby Wealth, CNBC Locations: New, U.S
In your 40s, financial priorities can range from taking care of aging parents to funding the activities and futures of your kids. Here are four steps certified financial planners recommend taking with your money throughout your 40s. You generally have two options for life insurance: term or permanent. Term life insurance provides coverage for a set amount of time, often somewhere between 10 and 30 years, while permanent life insurance, also known as whole life, provides coverage for the rest of your life. Term life insurance is generally fitting for people looking for affordable, temporary coverage, while permanent life insurance is more flexible and can earn interest.
Persons: Andrew Fincher, Fincher, you've, Joe Conroy Organizations: Financial
You might feel like your life, retirement savings and finances are set in stone at this age. But this mindset can be one of the biggest financial mistakes you make in your 50s, says Autumn Knutson, certified financial planner and founder of Styled Wealth. Here are three smart decisions to make with your money in your 50s, according to three certified financial planners. Secure long-term care insuranceAs you inch closer to retirement, your 50s are a good time to consider long-term care insurance, says Andrew Fincher, a CFP and financial advisor at VLP Financial Advisors. Separate from health insurance and Medicare, long-term care insurance covers expenses that often arise in your later years, such as assisted living care and at-home care.
Persons: , Andrew Fincher, Fincher, Marguerita Cheng, Cheng Organizations: Financial, Blue Ocean, Fidelity Investments
If you choose to forgo life insurance, it might still make sense to include an unmarried partner in a will. Compare life insurance rates online with Ethos Life. If so, then you may need life insurance. Term life insurance is a better choice for most individuals since they don't need coverage for their entire lives. Get Life Insurance Quotes Compare the best life insurance companies with a quote from Ethos Life.
Persons: , Justin Pritchard, doesn't, Pritchard, Jay Zigmont Organizations: Service, CFP, Childfree
Saudi Arabia is plowing on with its ambitious Neom project, despite reported setbacks. Here's a closer look at the main regions that officials plan to build as part of the project. AdvertisementSaudi Arabia's futuristic Neom project is one of the most ambitious in the world. According to Neom, the city will have no roads, cars, or emissions and run on 100% renewable energy. SindalahThe island of Sindalah, a yachting resort and part of the Neom project, will be open in 2024, say planners.
Persons: Here's, , Neom, Denis Hickey, " Hickey, Saudi Arabia's Crown Prince Mohammed bin Salman, NEOM Organizations: Service, Street Journal, Bloomberg, Saudi Arabia's Crown Locations: Saudi Arabia, Saudi, Tabuk, Kingdom, Neom, Sindalah, Aqaba, Tabak Province
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