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New York CNN —Texas’ famous longhorns are coming for Wall Street’s bulls. A new national stock exchange, based in Dallas, and backed by Wall Street heavyweights like BlackRock and Citadel, is looking to take on the world-famous New York Stock Exchange and Nasdaq. The newly formed TXSE Group announced its plans to file for registration with the US Securities and Exchange Commission later this year. “We’re thrilled to bring to fruition the long-held vision for a national stock exchange in Texas,” TXSE Group founder and CEO James Lee said in a statement on Wednesday. The problem with going publicAmerica has lost half its public companies since the 1990s.
Persons: Wall, “ We’re, James Lee, Lee, Wells, , Jamie Dimon, JPMorgan Chase, , “ TXSE’s, TXSE Organizations: New, New York CNN — Texas ’, longhorns, Wall Street, BlackRock, Citadel, New York Stock Exchange, Nasdaq, TXSE Group, US Securities and Exchange Commission, SEC, TXSE, Wall Street Journal, Center for Research, “ Companies, JPMorgan Locations: New York, Dallas, Texas, “ Texas, America, Wells Fargo, , New York City, Philadelphia, Miami, United States
One in five older Americans have no retirement savings, Social Security doesn't feel like much of a guarantee, and the pension era is over. While the widespread shift over the last five decades to 401(k)s for retirement savings has meant some Americans can't afford the burden of being primarily responsible for their retirement finances, others have been able to work the system to their advantage. Throughout his nearly 40-year-long career in geology, he was able to sock away over $2 million for his retirement, even after putting multiple kids through college. He thinks some just didn't know much about 401(k)s during the switch from a pension or didn't understand them. Advertisement"If I had to tell people what to do, there's save big and save early — or save early, and it doesn't have to be big, but save early and you get all that compounding," Mark said.
Persons: Mark —, , Mark, he's, it's, Roth Organizations: Service, Social Security, Bureau of Labor Statistics Locations:
You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. "Jellyfish doo doo doo doo doo doo," the line from "Baby Shark Dance" kept playing on loop as my 11-month-old son looked at me expectantly, wanting me to wiggle my fingers and dance along. Three years later, at 36, I received a formal diagnosis — now with two children, the oldest was 3 and my second son was 18 months. I was on maternity leave, and at the time, I was working as an HR manager for a private healthcare organization. What brings me absolute joy, though, is when my kids are asked what their mom does.
Persons: Snehal Amembal, YOPD, Parkinson's, credit's, Mr Parkinson's Organizations: Service
Ahead of the summer travel season, leaders in many tourist spots have adopted measures to tame the tourist crowds — or at least earn more revenue from them. The goal is to ensure that tourism functions smoothly for visitors and locals alike, said Megan Epler Wood, managing director of the Sustainable Tourism Asset Management Program at Cornell University. “All tourism is dependent on beautiful natural and cultural resources. You have to protect those resources in order to be a viable tourism destination — and if you don’t, they degrade,” Ms. Epler Wood said. In some places, proposals for new fees or visitor rules have drawn opposition from residents, who fear they might scare away the tourists who bolster the local economy.
Persons: Megan Epler Wood, Ms, Epler Wood Organizations: Tourism, Management, Cornell University Locations: Bali . Higher, Amsterdam, Paris, Milan, Majorca
Shares of Logitech are up 2% on the year and could rally another 17%, if Scemama's target price holds true. Analyst Kristine Liwag accompanied the move by raising her price target to $225 from $178. The bank reiterated its overweight rating on the credit card stock but lifted its price target to $275 from $265. International revs should run above the 10%+," the analyst added. Goldman analyst Tina Hou set a 12-month price target of $34, while Bank of America analyst Ming Hsun Lee set a price objective of $35.
Persons: Bernstein, Goldman Sachs, Goldman, TZE, Brian Lee, Lee, — Spencer Kimball, Didier Scemama, Scemama, — Lisa Kailai Han, Morgan Stanley, Kristine Liwag, Heico's, Liwag, Stanley Black, Decker, Julian Mitchell, Mitchell, Wells, Wells Fargo, Donald Fandetti, Fandetti, Canaccord, Kingsley Crane, Crane, Oppenheimer, Jed, Kelly foresees, FanDuel —, Kelly, Zeekr, Tina Hou, Ming Hsun Lee, Hou, Stacy Rasgon, Rasgon, Fred Imbert Organizations: CNBC, Broadcom, Bank of America, Investors, Technologies, Department of Energy, Logitech, Boeing, Barclays, Stanley, Nvidia, American, Express, American Express, U.S . American Express, Wall, Zeekr, China EV, China, Geely Automobile, AMD Locations: Monday's, EU, U.S, China, BofA
It's difficult to compare public school systems forensically because of the countries' vastly different populations and government infrastructures. However, feedback from my British friends has convinced me that the setup in the UK is more user-friendly for kids and parents. Kids in the UK start school as young as 4By law, children in the UK enter the publicly-funded British school system as young as 4. Kids wear uniformMost government-run schools in the UK require students to wear a school uniform. The protocols contrast those in the US, where most public school kids can wear what they want to class — albeit within reason.
Persons: Organizations: Service, Business, Navy Locations: PISA, New York, Britain, Lululemon
When your kid comes out as trans, here’s what to do
  + stars: | 2024-06-02 | by ( Kristen Rogers | ) edition.cnn.com   time to read: +11 min
CNN spoke with a doctor, gender rights activists and parents of trans children about what to say when a child comes out as transgender, how to address certain challenges and what receiving gender-affirming care is like. Some parents want to support their child but worry if their gender identity is the result of a phase, or if they’ll change their mind later. It would be their decision resulting from the exploration of their gender identity, rather than someone trying to control it for them. Rhyland’s son later realized he is trans masculine nonbinary and uses he/him pronouns, and he’s OK with Rhyland calling him her son. (Trans masculine nonbinary means someone’s gender identity is nonbinary, yet they present in a typically masculine fashion with their name, style and more.)
Persons: CNN — Maryhope Howland, ’ ”, Howland, didn’t, ” Howland, , Nova, Williams, Rachel Cornwell’s, Evan, Cornwell, ” Cornwell, , Kade, It’s, Goepferd, “ There’s, ” Goepferd, Jocelyn Rhynard’s, Rhyland’s, aren’t, , ” Rhynard, “ we’ve, , , Rhynard, ’ ” Howland, Sarah McBride Organizations: CNN, Families United, Trans Rights, Dumbarton United Methodist Church, Human Rights Locations: Washington ,, Minnesota, Delaware
CNN —Israel has warned that its war in Gaza could extend until the end of the year. Prolonging the war could have catastrophic consequences for Palestinians in the already ravaged territory and significant repercussions for Israel and beyond, experts said. “And currently Hamas doesn’t seem to be ready to release them.”Impact on Israel’s economyThe war hit Israel’s economy hard in the immediate aftermath of October 7. As of January, the Israeli military was spending $272 million per day on the war, according to the Israeli news site Ynet. Despite these efforts, the war persists, civilian casualties rise and famine spreads in Gaza, intensifying pressure from some of his electorate.
Persons: CNN — Israel, Tzachi Hanegbi, , Joe Biden, , Assaf Orion, Juliette Touma, Benjamin Netanyahu, Netanyahu, Yohanan Plesner, Plesner, Israel, Malcolm Shaw, Yaron Wax, Johanna Geron, INSS, Amir Levy, Orion, Daniel Hagari, ” Plesner, Biden Organizations: CNN, National, Institute for National Security Studies, Israel Defense Forces, London School of Hygiene, Tropical Medicine, Johns Hopkins Center, Humanitarian Health, Israel, United Nations, UN Relief and Works Agency for Palestine Refugees, Israeli, Israel Democracy Institute, International Criminal Court, International Court of Justice, United, P Global, Moody’s, Service, Troops, American, West Bank Locations: Gaza, Israel, Tel Aviv, Rafah, Europe, Palestinian, British, The Hague, Netherlands, Saudi Arabia, Riyadh, Egypt, United Arab Emirates
"It's great, but it takes an effort," Samtur told Business Insider. That means that right now, Gen Z and baby boomers, in particular, might be experiencing a strange juxtaposition: They're happy and lonely at the same time. "So people feel maybe a little less happy with their lives in midlife, but it doesn't mean you're also feeling lonely." "Overall, people tended to be more lonely, just persistently lonely, if they had less education, had lower income, and poor health," Graham said. Some Gen Zers pay for social connections through activities like fitness memberships.
Persons: Harry Samtur, Samtur, doesn't, Gen, Eileen Graham, Graham, Donna Basztura, Basztura, , she's, we've, Batszura, Zers, didn't, Preeti Malani, Joan Hendrix, couldn't, I've, Hendrix Organizations: Service, Business, Northwestern University, Gallup, Harvard Graduate School of Education, University of Michigan Locations: Minnesota, Germany, Australia, midlife, Florida
With scientists predicting yet another active year for storms, making your home hurricane resistant has become a more valuable precaution. "Already, we are seeing storms move across the country that can bring additional hazards like tornadoes, flooding and hail," he said. A separate forecast from hurricane researchers at Colorado State University predicts an "extremely active" hurricane season in 2024 due to record-warm tropical and eastern subtropical Atlantic sea surface temperatures. If installing new hurricane windows isn't in the budget, shutters are lower-cost options to protect windows and other openings, said Chapman-Henderson. Talk to your insurer about possible discounts Strengthening your home against disasters may help lower your insurance cost.
Persons: Irma, Warren Faidley, Alicia Silverstone, Erik A, Hooks, Phil Klotzbach, Klotzbach, Jeff Ostrowski, Leslie Chapman, Henderson, Jennifer Languell, Chapman, Kin, Melissa Cohn, William Raveis, Bankrate's Ostrowski, Ostrowski, Loretta Worters, Worters, Languell Organizations: Getty, Atmospheric Administration, NOAA, Finance, Federal Emergency Management Agency, Hurricanes, Colorado State University, Department of Atmospheric, Fluid Dynamics, Climate, Energy Solutions, Swiss, Massachusetts Institute of Technology, Federal Alliance, Safe, Safe Homes, Department of Energy, Trifecta, William Raveis Mortgage, Insurance, Institute, Homeowners Locations: Miami , Florida, U.S, windstorms, Florida, In Florida, Alabama, Louisiana, dsireusa.org
It's so treacherous to summit Mount Everest that human remains are a common sight on its frigid mountainside. Among the frozen bodies are many ethnic Sherpas — an Indigenous people who make up the majority of Everest climbing guides. AdvertisementSherpa Tenzing Norgay and Edmund Hillary were the first to successfully summit Mount Everest in 1953. AdvertisementClimbing Mount Everest can be deadly, no matter who you are. Mountaineers line up during their ascent to summit Mount Everest in Nepal.
Persons: , Norgay, Edmund Hillary, Phurba Wangchhu, Sam Rashid, Rashid, it's, Andrew Murray, Geljen Sherpa, Rully Anwar, LAKPA SHERPA, Nachhiring Rai Organizations: Service, Everest, Business, University of Cambridge, Cambridge, NPR, International Federation of Mountain Guides Association, Nepal's Department of Tourism, World Bank, Mountaineers, Getty, Dawa Locations: Everest, Nepal, Kathmandu
I lost my hair. Then I found myself.
  + stars: | 2024-05-31 | by ( Sara Dubnow | ) www.businessinsider.com   time to read: +14 min
For more than a year, I had been dealing with my progressive hair loss and clamoring for some sort of control. I launched into the story of my hair loss journey, attempting to convey the stress and uncertainty that had defined the past year. I purchased a long brown human hair wig that initially looked natural in the shop lighting. I learned I had a lot to learn; there was a whole "wearing hair" subculture with special lingo that I knew nothing about. I accepted that I have hair loss and I'm aging, and one day, I'll look in the mirror, and it won't be just my hair that's changed.
Persons: Bangs, Barbie, I'm, I'm balding, Scissor, Rogaine, , didn't, LaCroix, hadn't, Kim Kardashian, Instagram, Emilie, I'd, Moira Rose Organizations: Business, Melrose Locations: Los Angeles
EU politics has always relied on awkward alliances between countries and political ideologies that represent vastly different electorates. Francois Greuez/SIPA/APThe European Parliament is the place where this is most visible at an EU level. Most of the lawmakers (known as MEPs) belong to a political party in their own country. ECR and ID are typical of European Parliament parties in that they are home to a pretty broad group of conservatives. The European Parliament can often seem like looks like a boring, bureaucratic blob, tediously grinding its way through process.
Persons: Francois Greuez, Angela Merkel, Christoph Reichwein, David Cameron, Georgia Meloni, Viktor Orban, Orban, Ursula von der Leyen, Giorgia Meloni, Hungary's Viktor Orban, , Geert Wilders Organizations: CNN, European Union, National Rally, European, European People’s Party, EPP, European Conservatives, Politico, British, Brexit, Georgia, Ukraine, Russia EU, EU, SS, Nazi, Dursun, ERC, European Commission, Kremlin Locations: United States, South Africa, Mexico, Taiwan, Ukraine, China, EU, France, Belgian, Brussels, Hungary, Russia, Italian, Anadolu, United Kingdom, Germany, Europe, Netherlands, Europe’s
During my sophomore year at Duke University, I decided to move to France for a sixth-month pastry school. Since studying at pastry school, I've worked as a pastry chef and have been building a baking TikTok account alongside my degree. While at pastry school, I started making baking content on TikTokI downloaded the TikTok app a month before going to pastry school. I think it's cool I've been able to supplement my pastry work with money from content creation. Content creation has helped me to pay for more of my expenses.
Persons: , Allison Chen, I've, Ducasse, I'd, It's, I'm, doesn't Organizations: Service, Duke University, Business, Duke, I'd, YouTube Locations: New York, France, France France, Paris, TikTok
Business Insider has spoken to financially independent real estate investors and early retirees who have used IRS rules to improve their financial situation. AdvertisementThough there are a lot of restrictions, it made sense for Cooper, who was fully committed to early retirement. "The longer it's sitting in there, the more money it's going to generate, the more taxes you're going to pay down the road. Zeona McIntyre uses 1031 exchanges to sidestep capital-gains taxes indefinitelyBoulder-based real estate investor and author of "30-Day Stay," Zeona McIntyre. There are ways to reduce your capital-gains tax liability, like deducting your property's depreciation.
Persons: , Mindy, Carl Jensen, Carl, Mindy Jensen, Mindy Jensen Colorado, they've, Eric Cooper, Eric Cooper Eric Cooper, Cooper, Zeona McIntyre, Zeona McIntyre Zeona McIntyre, you'll, McIntyre, There's Organizations: Service, Business, IRS, Independence Locations: Colorado, I'm, Boulder
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFormer Walmart U.S. CEO: Consumer is focusing on the 'real heavy burden' in food and rent costsBill Simon, former Walmart U.S. CEO, joins 'Squawk on the Street' to discuss the recent retail quarterly earnings results, how affluent consumers are creating a bubble at Walmart, and much more.
Persons: Bill Simon Organizations: Former Walmart U.S, Consumer, Walmart U.S, Walmart
Using data from the Fed's Survey of Consumer Finances, the analysis finds that over a million Americans ages 55 to 64 are holding student loans, or have spouses with loans. There are a range of reasons why older borrowers might be struggling to pay off their student loans. Millennials are most likely to hold student debt with an average balance of about $35,000, and while fewer Gen Xers have student debt, their average balance is higher at about $48,000, according to TransUnion. Provisions are being rolled out by President Joe Biden's Education Department that could ease the burden of student debt on older borrowers. AdvertisementAre you a Gen Xer with student debt who is worried about retirement?
Persons: Gen Xers, Xers, Joe Biden's Organizations: Service, School's Schwartz, for Economic, Business, Fed's Survey, Consumer Finances, Social Security, Democratic, Joe Biden's Education Department, Public, Education Department Locations: Fed's
Jabin Botsford-Pool/Getty ImagesFalsifying business records in the first degreeThe standard jury charge for falsifying business records in the first degree. NYCourts.govProsecutors say Trump caused 34 business records to be falsified as part of an illegal conspiracy to influence the 2016 election. Merchan read to jurors from the standard jury charge for felony falsifying business records. Read the judge's "jury charge" here. To convict, jurors must find that Trump falsified business records to conceal an attempt to violate 17-152.
Persons: , Donald Trump's, intently, Juan Merchan, Trump, Donald Trump, Todd Blanche, Emil Bove, Jabin, reimbursements, Trump's, Michael Cohen, Cohen, Daniels, Merchan, Jane Rosenberg, Donald Trump , Jr Organizations: Service, Business, Trump, Getty, NYCourts.gov Prosecutors, REUTERS, New Locations: New, New York, York
And she's part of a growing class of Gen Z retirement super-savers. Many are concerned about stagnating wages in an era of skyrocketing costs of living, says Paloma Thombley, chief human resources officer at Handshake, the jobs site for college students and new grads. Gen Z prioritizes retirement benefitsGenesis Hinckley, 27, works as a business analyst for Google in Boulder, Colorado. 'It's no longer chasing money; it's chasing time'Anxiety aside, many Gen Zers see super-saving for retirement as a way to take control over an uncertain future when the built-in support systems are lacking. They learned when it makes sense to invest in a plan pre- or post-tax, how to actually invest your retirement money, and the value of compound interest.
Persons: Lillian Zhang wasn't, Zhang, Gen, Gen Zer, millennials, Gen Xers, Paloma Thombley, Zers, Thombley, Lillian Zhang, isn't, Z, Genesis Hinckley, Hinckley, Roth, TikTok Organizations: IRA, Northwestern Mutual, Social Security, Google, Genesis, YouTube Locations: Boulder , Colorado
Judgment day looms for Donald Trump in New York
  + stars: | 2024-05-29 | by ( Stephen Collinson | ) edition.cnn.com   time to read: +12 min
CNN —Donald Trump, who built a mystique as the brash epitome of power, has never been more powerless to dictate his own fate. In order to convict Trump, jurors must first decide that he falsified financial documents and did so with the express purpose of committing another crime. That was evidenced, today by the Biden campaign themselves holding a rally here,” Don Trump Jr. said. “You cannot convict President Trump,” Blanche said, before repeating himself for emphasis while impressing on the jury the gravity of the historic deliberation that lies before them. “You may say, who cares if Mr. Trump slept with a porn star 10 years before the 2016 election?
Persons: Donald Trump, Judge Juan Merchan, , Joshua Steinglass, Stormy Daniels, Trump, Daniels, Todd Blanche, Michael Cohen, , Blanche, there’s, Joe Biden, Robert De Niro, Biden, , Don Jr, Eric, ” Don Trump Jr, it’s, Pop Michael Jackson, That’s, Trump’s, Michael Cohen Trump, histrionics, ” Blanche, Cohen, Steinglass Organizations: CNN, Prosecutors, Trump, Hollywood, Capitol, Biden, GOP Locations: New York City, York, New York
My dad owned a wide variety of businesses. My dad worked the grill and made the hot dishes while my mom took customer orders and packed the food. AdvertisementI vouched for my dad at my jobMy dad told me that he still wanted to work after he sold the lease. That's when I thought he could get a job working in the kitchen at the hospital where I worked. I talked to the manager of food services at my hospital and asked if they'd give my dad a job in the kitchen.
Persons: he'd, Ryu, Grace Ryu, , He's, they'd, I'd, he's, I've, She's Organizations: Service, Business Locations: Maryland, Baltimore, Ocean City, California, America
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewLawsuits to block some of President Joe Biden's targeted student-debt relief efforts are simmering — and a court ruling might have signaled how one case will fare. "Plaintiffs have not alleged that any of their employees have stopped seeking PSLF forgiveness because of the adjustment," the court's decision said. In March, 11 GOP state attorneys general filed a lawsuit to block the SAVE income-driven repayment plan, which the Education Department implemented last summer to give borrowers more affordable monthly payments. Economic assumptions alone were not enough for the Sixth Circuit, nor, for that matter, for the Supreme Court," the Education Department wrote in its legal filing.
Persons: , Joe Biden's, Circuit wasn't Organizations: Service, New Civil Liberties Alliance, Cato Institute and Mackinac Center for Public, Business, Public, Sixth, Circuit, Education Department, SAVE, Biden's Education Department, Sixth Circuit, Supreme Locations: PSLF
Read previewI don't think I know anyone who feels good about their email inbox. When Google introduced the tabbed inbox in 2013, I was in heaven. Since then, the tabbed inbox has fallen behind, unable to keep up with the ways that email has changed since 2013. Screenshot / Business InsiderGoogle has apparently noticed that the tabbed inbox isn't meeting today's needs, and will soon roll out an update meant to alleviate the burden of the swollen Primary inbox. I demand a Newsletters tabBut this still isn't what I dream of getting out of a tabbed inbox.
Persons: , it's, Merrell, I've Organizations: Service, Business, Google, Old, Facebook, Boston Globe, Gmail, BI Locations: TikTok
CNN —On Tuesday, we at last came to closing arguments in the Manhattan criminal trial of former President Donald Trump after 20 days of trial, testimony from 22 witnesses and over 200 exhibits. Were the 34 allegedly false records actually false? The first pivot point is whether the 34 business records at the heart of the case actually contain false information. And Steinglass pushed back on Blanche’s emphasis on the much-discussed October 24, 2016, Cohen call to Trump’s bodyguard, Keith Schiller. Indeed, Blanche continued, Trump repeatedly disclosed the reimbursement — including on Twitter, a 1099 form to the IRS and a federal financial disclosure form.
Persons: Donald Trump, Todd Blanche, Joshua Steinglass, Trump, Stormy Daniels, Michael Cohen, Blanche, Daniels, , Norm Eisen, Madame Tussaud’s, Cohen, Steinglass, Keith Schiller, Schiller, Allen Weisselberg, , ” Steinglass, , ” Blanche, Hope Hicks, Madeline Westerhout, Cohen — Organizations: CNN, Trump, Trump Foundation, Trump Organization, Twitter, IRS, New, White House, Facebook Locations: Manhattan, New York
"He doesn't belong in my city," De Niro, a native New Yorker, said of Trump during a press conference hosted by President Joe Biden's reelection campaign outside Manhattan Supreme Court. Immediately following the Biden campaign event, Trump campaign spokesman Jason Miller accused Biden of employing a "washed-up actor" to campaign for him in a Hail Mary attempt to reverse Trump's narrow lead in 2024 election polls. The De Niro event marks the first time the Biden campaign has appeared outside Trump's trial, which began more than five weeks ago. As the criminal trial winds down, the president's reelection campaign is planning to crank up its attacks on Trump, NBC News reported Friday. Defense attorney Todd Blanche began Tuesday's closing arguments by declaring, "President Trump is innocent."
Persons: Robert De Niro, Joe Biden, Donald Trump, De Niro, Joe Biden's, , Trump, Trump's, Harris, Niro, Harry Dunn, Jason Miller, Biden, Mary, Miller, Michael Cohen, Stormy Daniels, Attorney Alvin Bragg, Todd Blanche, Blanche, Joshua Steinglass, Bragg Organizations: Republican, Trump, U.S, Capitol, Biden, U.S . Capitol Police, NBC, Democratic, Manhattan, Attorney Locations: Manhattan, New York City, New Yorker, United States, White
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