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☆ A 70-year-old Uber driver explains how canceling over 30% of his rides and only driving during busy periods have helped boost his pay
▼ + stars: | 2023-11-01 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +6 min

AdvertisementAdvertisementBill, a part-time Uber driver , began driving for extra income after he retired six years ago. As a result, he's driving less and accepting fewer rides than he used to. Bill said that the standard, non-surge pay rate calculated by Uber in his area is $0.61 per mile. But there are more drivers now: Uber reported that its number of drivers hit a record-high five million in 2022. To avoid one-way rides, Bill asks customers when he picks them up whether their destination is in the area.

Persons: Bill, Uber, He'll, —, he's, He's, I'm, Jacob Zinkula, Scott Olson, they're, Sergio Avedian, Guy Organizations: Service Locations: North Carolina

☆ How overseas workers and SMEs are navigating the evolving cross-border payments landscape
▼ + stars: | 2023-11-01 | by ( Sponsor Post | Created Insider Studios With Mastercard | ) www.businessinsider.com time to read: +8 min

Cross-border payments have always faced challenges — and over the past few years, demand has increased significantly. Overseas workers and small businesses face barriers around international payments and remittances. Small businesses rely on cross-border payments for survivalWith consumers facing challenges around remittances, how are business owners faring when it comes to international payments? Marquard echoes findings from the report that traditional banking institutions have been slow off the mark when it comes to international payments. Read more about how overseas workers and SMEs are navigating the ever-changing payments landscape in Mastercard's borderless payments report.

Persons: —, Hal Ramakers, Alan Marquard, Marquard, Ramakers, It's, we've Organizations: Overseas, Mastercard, Asia —, Brightwell, Insider Studios Locations: Americas, Europe, East, Africa, Asia, India, UAE

☆ Applying for too many jobs may keep you from getting hired. Avoid sending a ‘firehose of applications,’ economist warns
▼ + stars: | 2023-11-01 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +3 min

In this article ZIP Follow your favorite stocks CREATE FREE ACCOUNTFiladendron | E+ | Getty ImagesApplying to multiple job openings can increase your chances of landing a new gig. However, if you're thinking of sending out what one economist called a "firehose of applications" all at once and then just waiting for responses, think again. "The problem is that sometimes people take a college application approach to the job search," said Julia Pollak, chief economist at ZipRecruiter. 'Set a daily goal of a number of applications'There are more strategic ways to go about the job search and application process instead of applying to jobs on mass, according to experts. Julia Pollak chief economist at ZipRecruiter

Persons: Julia Pollak, Pollak, Nick Bunker, —, Gabrielle Davis Organizations: ZipRecruiter, Finance, Union, U.S . Department of Labor, ZipRecruiter Survey, New Locations: U.S

☆ How to jump jobs within your company, according to a career trends expert: It's a 'really smart' move for many
▼ + stars: | 2023-10-31 | by ( Annie Probert | ) www.cnbc.com time to read: +1 min

Workers seeking a new job cited salary as the leading reason for wanting to leave their current gig. "Limiting opportunities exist within several employers right now," Scott Dobroski, a career trends expert at Indeed, tells CNBC Make It. Whether it's due to uncertain economic times or because workers love career growth opportunities, Dobroski says he isn't surprised by this statistic. And it also shows that they believe there could be career opportunities within the company, either in or outside of their own team." While there's no "one-size-fits-all" approach, here are three tips from Dobroski on the right way to switch jobs within your employer.

Persons: Scott Dobroski, LendingTree, Dobroski Organizations: Workers, CNBC

☆ Walmart Spark delivery drivers are sick of customers asking them to bring deliveries into their homes
▼ + stars: | 2023-10-31 | by ( Alex Bitter | ) www.businessinsider.com time to read: +5 min

Walmart Spark drivers often get requests from customers to drop groceries off in their kitchens. Walmart's InHome delivery service, which is staffed by full-time employees, offers kitchen drop-offs. AdvertisementAdvertisementEarlier this year, a Spark delivery driver in Nevada pulled up to a house with a few bags of groceries for delivery. Customers are likely confusing the delivery for another service Walmart offers, InHome Delivery. Spark drivers, by contrast, are gig workers paid per order or batch of orders, and they aren't allowed to go into shoppers' homes.

Persons: —, she's, InHome, Doug McMillon Organizations: Walmart, Service, Workers Locations: Nevada, Miami, Dallas, San Francisco, Texas

NEW YORK (AP) — U.S. labor unions are once again flexing the muscles in the national spotlight. UNION RATES HAVE BEEN FALLING FOR DECADES. Only 6% of U.S. private-sector workers belong to unions today, a sliver of the 35% that were union members in 1953. The National Labor Relations Act of 1935 granted private-sector employees the right to unionize. That means that what worked in auto workers' labor campaign, for example, may not be possible for other industries.

Persons: Gridlock, ” Alexander Colvin, ”, Eunice Han, Cathy Creighton, Shawn Fain “, ” Creighton, Joe Biden, Todd Vachon, Taft, Hartley, Vachon, Ronald Reagan, “, haven't, John F, Kennedy, ” Vachon, Han, Colvin, ” Colvin, Creighton Organizations: —, United Auto Workers, Big, Cornell University's School of Industrial and Labor Relations, Associated Press, Labor, University of Utah, Cornell University’s Industrial, Labor Relations Buffalo Co, NLRB, Motors, Ford, Facebook, Rutgers School of Management, Labor Relations, Bureau of Labor Statistics, National Labor Relations, Starbucks, Gallup Locations: Las Vegas , Detroit, Southern California, U.S, United States, Midwest

☆ Meet the typical retail worker: an elder millennial woman earning $18 hourly picking online Walmart orders
▼ + stars: | 2023-10-29 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +4 min

The company's typical worker is a 39-year-old woman in Dallas earning $18 per hour. She would also work at a Supercenter near Dallas, Texas, where the company told Insider it has the highest density of stores. Her job assignment is most likely to be either a stocker, who refills shelves with merchandise, or a digital picker, who collects orders for online shoppers, the company told Insider. Although she might be demographically "typical," the job she does is anything but, a worker in Illinois told Insider. Walmart told Insider it does not keep track of how many jobs associates have at a time.

Persons: —, stocker, Doug McMillon, McMillon Organizations: Walmart, Service, Target, Kroger, Depot, Retail Locations: Dallas, Dallas , Texas, Illinois, Texas

☆ David Beckham: Filmmaker Fisher Stevens explains how ‘Succession’ and Leonardo DiCaprio helped land him Netflix documentary series
▼ + stars: | 2023-10-29 | by ( Don Riddell | Glen Levy | ) edition.cnn.com time to read: +7 min

CNN —At first glance, the American actor and filmmaker Fisher Stevens wasn’t the obvious choice to helm the four-part Netflix documentary series about English soccer great David Beckham. “When they first called me, my response was …’why me for David Beckham?’” the 59-year-old said to CNN Sport’s Don Riddell. “I said, ‘Hey, I have a call with David Beckham, but I’m not sure,’” Fisher fondly recalled. I say what’s really strong, their relationship is really strong and if you can work with your wife and it works, God bless, man,” he said. But that’s why he’s also such a good guy, because he’s worried about you too.”A second series?

Persons: Fisher Stevens, David Beckham, Stevens, ’, CNN Sport’s Don Riddell, “, ”, Beckham, Alex Ferguson, Ballon d’Or, Lionel Messi, ” Adams, Taylor Swift, Travis Kelce, Becks ’, Jesse Armstrong, HBO’s, Tony Roche, Hugo, Oscar, Leonardo DiCaprio, DiCaprio, ‘, I’m, ’ ” Fisher, Logan Roy, ” Brand Beckham, David, he’s, “ Beckham, Ted, Ferguson, Scot, Megan Briggs, Victoria, ‘ David we’ll, ‘ David, that’s, Joseph West, ” Stevens Organizations: CNN, Netflix, Manchester United, Major League Soccer, Inter Miami, Argentina, Spice, HBO, Warner Bros, United, Real Madrid, Variety, Qatar, Jewish Locations: American, England, Spain, America, Italy, France, United States, “, Victoria

☆ Republicans are desperate for attention — and it's decimating their ability to govern
▼ + stars: | 2023-10-28 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +15 min

In the end, the only man who could unify House Republicans behind him was a relatively little-known and mild-mannered evangelical Christian from Louisiana. AdvertisementAdvertisementAs the speaker saga wore on, it provoked questions among some House Republicans: How could it be that they had failed to elect a speaker for so long? While Gaetz maintains otherwise, his angry GOP colleagues have plenty of evidence to make their case that it was an attention ploy. Rep. Matt Gaetz surrounded by reporters and cameras after the House voted to oust Kevin McCarthy from the speakership. The attention economy doesn't preclude an ability to govern — an effective politician might seek to harness their celebrity towards worthy ends.

Persons: Mike Johnson's, Matt Gaetz, Kevin McCarthy, Garrett Graves, Sen, Thom Tillis, Madison Cawthorn, Tillis, Drew Angerer, Greg Murphy of, Nancy Mace, McCarthy, Mace, I'm, Win McNamee, Josh Hawley, Ronald Reagan, Donald Trump's, Nicole Wallace, Obama, JD Vance, Ohio, Vance, Ted Cruz, Jose Luis Magana, denialism, Jim Jordan, Marjorie Taylor Greene, Brett Kavanaugh, Jen Psaki, Symone Sanders, it's, Rep, Alexandria Ocasio, Cortez, Kelly Armstrong, Adam Schiff, Chip Somodevilla, Bob Good, Virginia, Gaetz, —, Ken Buck, Colorado, Hawley deadpanned, Mike Lawler, I've, Cruz, Buck, Joe Biden, Liz Cheney Organizations: Republicans, GOP, North Carolina Republican, Getty, Twitter, South Carolina, Republican, Rep, Fox News, Republican Party, Conservative Political, Conference, AP, Cannon, South, Democratic, Supreme, Biden, MSNBC, Democrats, Capitol, New York Post, Colorado Locations: Louisiana, Florida, Greg Murphy of North Carolina, Missouri, Hollywood, California, South Carolina, Alexandria, Cortez of New York, Ukraine, New York, Ted Cruz of Texas

“The biggest thing there is Reggae music and classic country music,” Brooks said. “I never would have thought that I would be performing at a country festival as an artist in Miami, being from Miami. “We believe that this could become a destination festival, where people come for Miami and country music,” Albareda said. "We have a long-term commitment to Country Bay as a festival, and we have a long-term commitment to Miami," Albareda said. Besides hosting one of the largest country events in Miami's music history, the Country Bay Music Festival will include a country-themed bar, games, food, line dancing, a mechanical bull and a giant Ferris wheel.

Persons: Leo Brooks, Brooks, ” Brooks, George Jones, Hank Williams, Willie Nelson, ”, Thomas Rhett, Sam Hunt, Chris Young, Lee Brice, Lainey Wilson, Randy Houser, Chris Lane, Elle King, Blanco Brown, Josh Ross, Hailey Whitters, David J, Kat, Alex, “, Lauryn Hill's, Pitbull, Tim McGraw, Andrew Millsaps, Nelson Albareda, Albareda, ” Albareda Organizations: MIAMI, —, Union, Bay Music, Miami Marine, Neon Union, ”, Bay, Ultra, Miami Marine Stadium Locations: Miami, Nashville, Roatán, Honduras, downtown, Virginia, Biscayne Bay, LOCASH, North Carolina, South Florida, U.S, Biscayne, Miami's, Bayfront

☆ I lived in a school bus and traveled the US for a year with my boyfriend. We used Taskrabbit to make money and connections.
▼ + stars: | 2023-10-27 | by ( Perri Ormont Blumberg | ) www.businessinsider.com time to read: +6 min

Maggie Peddicord and her boyfriend, Joseph, bought a school bus and traveled in it for one year. To fund their journey and bus expenses, they both started working on the handiwork app Taskrabbit. Before I started on Taskrabbit, I worked as a research assistant at Cincinnati Children's Hospital. Once we moved in and started traveling, it cost about $500 a month for gas and other repairs and about $250 a month for groceries. Joseph networked with Taskrabbit clients by finding people who might be interested in selling or purchasing a yacht one day.

Persons: Maggie Peddicord, Joseph, —, It's, Tasker, Joseph Chazin, I, We've, van lifers, Carly Wesolowski, Taskrabbit, Here's Organizations: Service, Cincinnati Children's Hospital, Facebook Locations: Taskrabbit, Fort Collins , Colorado, Cincinnati, Banks, North Carolina, Texas, Ohio, Seattle, San Diego, Washington, DC, Columbus , Ohio, Northern Michigan, Missoula , Montana, Skokomish, San Francisco, Los Angeles . San Diego, Colorado

A W-2 tax form is a type of informational form that's essential for completing your tax return. If you haven't received your W-2 by mid-February 2024, there are a few simple steps to take to ensure you have it in time to meet the April 15 tax deadline. How can I get my W-2 online? The easiest way to get a copy of your W-2 online is to ask your employer and/or payroll provider. Search your email account for "tax form is ready" or "tax form available for download" along with the name of the payroll provider.

Persons: —, haven't, Riley Adams, Sallie Mullins Thompson, hasn't, Adams, it's Organizations: Service, Social Security Administration, Internal Revenue Service, Employers, Social, IRS, Taxpayer Assistance Center, Chevron, Taxpayer Assistance Locations: Louisiana, New York, Chevron

☆ No stock trading, a hefty home mortgage, and more than $120,000 from Liberty University: Here's what we know about newly-elected Speaker Mike Johnson's personal finances
▼ + stars: | 2023-10-26 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +4 min

House Speaker Mike Johnson is much less wealthy than other members of Congress. He doesn't trade any stocks and has a home mortgage valued between $250,000 and $500,000. He's made more than $120,000 since 2018 teaching online classes at Liberty University. There's little publicly-available information about Johnson's activities at the university, and Insider has reached out to the university for further details. But now that he's speaker, Johnson is set to get a $50,000 raise: while all rank-and-file House members and senators make $174,000, the speaker of the House makes $223,500.

Persons: Mike Johnson, He's, —, That's, they've, Johnson, Nancy Pelosi, Paul's, Insider's, Kelly, Kevin McCarthy, OpenSecrets, he's, There's Organizations: Liberty University, Service, Citizens National Bank, Citizens Bank, university's Helms School of Government, Law Locations: Louisiana's, California, Louisiana

☆ Diners love the control tipping gives them over servers
▼ + stars: | 2023-10-25 | by ( Nancy Luna | ) www.businessinsider.com time to read: +2 min

About 62% of diners say the amount their expected tip "has become too expensive." Yet, diners say they love the "control" tipping gives them. But according to a new survey, consumers love the power that comes with tipping. "Diners report negative feelings about tipping as an idea, but they enjoy the control it gives them. AdvertisementAdvertisement"As tipflation sweeps the US, two-thirds of American diners say too many places are asking for tips these days," the survey reported.

Persons: —, BentoBox Organizations: Service, & ' $

☆ Open Enrollment Reminds Us How Easy It Is to Lose Health Insurance in America - The New York Times
▼ + stars: | 2023-10-25 | by ( Danielle Ofri | ) www.nytimes.com time to read: +2 min

Many of these people are actually eligible for insurance, but lose coverage because of the byzantine logistics. The net effect is that we require an enormous chunk of the U.S. population to continually re-enroll for health insurance. For employer-based health insurance, this would be relatively simple, as most ineligibility stems from no longer working at the company, something that employers surely know. For everyone else, health insurance would auto-renew each year the same way it already does for the plans on the Affordable Care Act exchanges. For Medicaid, the income eligibility requirement adds a layer of complexity, but there are nevertheless ways to reduce the hoop jumping.

Persons: it’s Organizations: Affordable Locations: byzantine

☆ How much do Uber and Lyft drivers really make? It varies wildly depending on tips, car expenses, and how they calculate profits.
▼ + stars: | 2023-10-24 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +7 min

First, the ride-hailing pay calculations used by researchers, drivers, and companies can vary considerably — some don't fully account for the expenses and hours that impact a driver's profits. Second, drivers' pay can fluctuate based on how often they drive, their vehicle's expenses, and how well their customers tip. Aaron Lavender, a 36-year-old full-time Uber and Lyft driver in Colorado, previously told Insider that tips make up 10% to 20% of his income. AdvertisementAdvertisementMinimum wage laws could help clarify drivers' payThe uncertainty of drivers' pay doesn't seem to have stopped Americans from giving ride-hailing gigs a shot. The number of Uber drivers hit a record-high 5 million in 2022, with more than 70% of new drivers citing inflation as a reason they joined the platform, the company reported.

Persons: Uber, —, Lyft, Jeff Hoenig Jeff Hoenig Uber, Gabe Ets, Jeff Hoenig, Smith, Wesley Johnson, Aaron Lavender Aaron Lavender, Dallas Uber, Aaron Lavender, Nathaniel Hudson, Hartman, he's Organizations: Service, Drivers, Demand, Tesla Motors Locations: Oakland , California, South Carolina, Silicon, Mountain View , California, San Francisco, Dallas, Colorado, Portland, New York City, Seattle, California

☆ A 27-year-old investor building a $2 million retirement portfolio in 8 years shares why he's buying a fund that's up 324% since inception and made up of cheap stocks with strong competitive advantages
▼ + stars: | 2023-10-21 | by ( Laila Maidan | ) www.businessinsider.com time to read: +5 min

"You're telling me that the big tech companies are the only reason the stock market, aka the S&P 500, is green? Because at the end of the day, sure, I've got great exposure to the magnificent seven, but I want exposure to companies outside of just these big, big, big tech names." So, he began to look at various ETFs that have outperformed the S&P 500 on three-, five- and 10-year horizons. Meanwhile, the S&P 500 has lagged both since MOAT's launch, at 209%. Portfolio VisualizerPortfolio VisualizerMOAT has a dividend yield of 1.08% compared to the S&P 500, which has a yield of 1.57%.

Persons: Austin Hankwitz, Hankwitz, I've, Morningstar Organizations: Gilead Sciences, Comcast Locations: Gilead

☆ Erin Mulvaney — Reporter at The Wall Street Journal
▼ + stars: | 2023-10-20 | by ( Erin Mulvaney | ) www.wsj.com time to read: 1 min

Erin MulvaneyErin Mulvaney is a national legal affairs reporter with The Wall Street Journal. She covers the legal industry and litigation affecting business and the economy nationwide. She writes about high-profile trials, lawsuits that explore novel questions, and cases that reveal legal tensions for companies, including about mass torts, technology, labor, and antitrust. She previously worked for Bloomberg Industry Group and American Lawyer Media in Washington, specializing in the gig economy, civil rights, and discrimination law. A Texas-native, she wrote about real estate for the Houston Chronicle and state politics for the Dallas Morning News.

Persons: Erin Mulvaney Erin Mulvaney Organizations: Wall Street, Bloomberg Industry Group, American Lawyer Media, Houston Chronicle, Dallas Morning News, University of Texas Locations: Washington, Texas, Austin

NEW YORK (AP) — Those miracles of modern science, the Rolling Stones, celebrated the release of their first album of original music in 18 years with a Manhattan club gig on Thursday. Mick Jagger alluded to past stunts the Stones had done in New York to tout new music over the years, including performing on a flatbed truck on Fifth Avenue. “Hackney Diamonds,” coming at a time many fans wondered if the Rolling Stones would ever bother again with new music, has been well received by critics, with many noting the crisp energy the band displayed. This time, the bar band was the Rolling Stones. Lady Gaga, dressed in a maroon sequined pantsuit, appeared to recreate her duet — duel, really — with Jagger on the new “Sweet Sounds of Heaven.”“New York, the Rolling Stones!” she said before leaving, after exchanging kisses with Jagger and Richards.

Persons: Christie Brinkley, Elvis Costello, Trevor Noah, Mick Jagger, ” Jagger, “ There's, Charlie Watts, Jagger, Keith Richards, Ron Wood, They're, “, Questlove, Jagger pranced, Richards, Jumpin, Jack Flash, ”, Lady Gaga Organizations: Racket Locations: Manhattan, New York, Manhattan's Meatpacking, ” “ New York

☆ Lonely Instacart and DoorDash gig workers are turning to YouTube influencers to help them feel connected
▼ + stars: | 2023-10-20 | by ( Alex Bitter | ) www.businessinsider.com time to read: +6 min

Gig workers for Instacart, DoorDash, and other apps tend to have their favorite YouTubers. Two gig workers with followings on YouTube told Insider about how they decide what to talk about. Like many gig workers, Sabo started doing gig work full-time in 2020 as demand for delivery shot up. He also sells tools for new gig workers, such as a spreadsheet to help them calculate their earnings. Some gig workers are quitting the industry, citing falling earning potential on many of the apps and slowing demand for delivery.

Persons: —, hadn't, DashingTrader, DashingTrade, Mike Sabo, Mike, Sabo, he's, it's, I've Organizations: Instacart, YouTube, Service, DoorDash, Uber Locations: DoorDash, California

☆ 3 virtual assistants who make up to $8,000 a month in revenue share how they got started
▼ + stars: | 2023-10-20 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +4 min

She built a "strong personal brand," she said, which meant tailoring her presence and wording to what the clients she wanted. Shannon Blanchard started working as a virtual assistant in January 2021 and wanted to work with creatives and web designers. Instead of cold-pitching her services, she'd comment on the Instagram stories and posts of clients she wanted to work with. Read more: I made up to $6,300 a month working 3 hours a day as a virtual assistant. Anna Christine, @annachristine.photoMary Carrasquillo started her virtual-assistant business in December 2020, and was booking more than $8,000 a month in monthly revenue by January 2022.

Persons: VAs, Hannah Dixon, Hannah Dixon Hannah Dixon, who's, Dixon, Read, I've, Shannon Blanchard, Blanchard, I'd, Here's, Mary Carrasquillo, Anna Christine, @annachristine.photo Mary Carrasquillo, Carrasquillo Locations: VAs, Instagram

☆ A baby boomer who's been a delivery driver for 4 years says he values the flexibility — but cautions that the work is becoming harder to get
▼ + stars: | 2023-10-19 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +6 min

A baby boomer who's been a delivery driver for four years may soon call it quits. Barely anyone can get rich off of just doing delivery driving, Scott said, but it's an option for him while he searches for a more stable office position. AdvertisementAdvertisementSince then, he's driven nearly 40,000 miles with personal vehicles for Amazon Flex, which he's had to maintain with his own money. AdvertisementAdvertisement"Amazon Flex delivery partners sign up for delivery blocks that fit their schedule," Steve Kelly, an Amazon spokesperson, told Insider. Amazon Flex delivery partners are encouraged to check the Amazon Flex app throughout the day for available blocks and instant offers."

Persons: —, Scott, it's, he's, He's, Steve Kelly, I've, that's Organizations: Service, Walmart, Amazon Flex, Amazon, Flex Locations: Washington, DC, America

☆ Fed-up employees might threaten to quit if changes aren't made to their job, but 'thruitting' often does more harm than good
▼ + stars: | 2023-10-19 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

siraanamwong/Getty ImagesYou're fed up with your job and are finally going to let your manager know it: "Fix this, or I'm leaving." In a bid to keep up with the never-ending stream of workplace trends, let's call this one "thruitting." AdvertisementAdvertisementFor your bookmarksFree tax filing programUS Treasury Secretary Janet Yellen has said tax filing should be simple. SAUL LOEB/AFP via Getty ImagesSee if you're eligible for the IRS' new, free tax filing pilot in 13 states. It's part of the department's attempt to make tax filing simpler and more cost-effective.

Persons: Marc Andreessen, Chris Williams, Williams, simplehappyart, Today's, Siu, It's, SCOTT MORGAN, Charlie Munger, Warren Buffett's, Everyone's, Jeffrey Gundlach, Jensen Huang, Young Liu, Chiang Ying, Marc Andreessen's, Elon Musk, Musk, Arantza Pena Popo, Dolly, Janet Yellen, SAUL LOEB, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Tech, Microsoft, Treasury, Barclays, Baron Partners Fund, Nvidia, University of Pennsylvania, America, Blackstone, Getty, IRS Locations: Israel, Cincinnati , Ohio, New York City, San Diego, London, New York

☆ These countries have the most generous retirement plans in the world
▼ + stars: | 2023-10-18 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +4 min

Portugal ranked at the top for the most financially adequate retirement system according to a new study. The US, however, ranked 24th in adequacy among the 47 countries studied for its retirement system. AdvertisementAdvertisementPortugal, the Netherlands, and Iceland ranked at the top for the most financially adequate retirement systems — while the US ranked 24th. AdvertisementAdvertisementMany Americans have been skeptical of the US's retirement system, funded primarily through savings in 401(k)s and individual retirement accounts, as well as Social Security. Portugal, which ranked at the top of Mercer's list, also ranked second for comfortable retirement on U.S. News & World Report's Best Countries ranking.

Persons: — Organizations: Service, US, Mercer CFA, Global, Security, U.S . News Locations: Portugal, Netherlands, Iceland, Denmark

☆ Goldman CEO David Solomon moonlighting as a DJ shows how hobbies can help a CEO's reputation — and also how they can backfire
▼ + stars: | 2023-10-18 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +3 min

Goldman Sachs CEO David Solomon famously had a side hustle as a DJ. Sources told the FT Solomon decided to stop playing at high-profile gigs because of criticism and media attention. AdvertisementAdvertisementUnder the stage name of DJ D-Sol, Solomon has released remixed tracks through his Instagram account and Spotify. AdvertisementAdvertisementAfter becoming CEO, Solomon's DJ side gig drew criticism for blurring the lines between his hobby and his job as Goldman's top executive. Goldman employees were also asked to lend a hand in Solomon's side hustle, with members of the communications department weighing in on press releases announcing Solomon's music and the company's social media team liaising with Solomon's music label, Insider reported in 2022.

Persons: Goldman Sachs, David Solomon, FT Solomon, —, David Solomon's, Kate Kelly, Solomon, Insider's Dakin Campbell, DJ, Goldman Organizations: FT, Service, New York Times, Financial Times, Hamptons

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