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We've explained how current high-yield savings accounts beat inflation rates, and what Fed rate cuts mean for your savings. How does inflation affect savingsIn order to understand how high-yield savings accounts beat inflation, you first have to understand what inflation is. Dixon says that, while high-yield savings accounts are good for shorter-term savings such as emergency funds, investing can be a good longer-term strategy — as long as you understand the risk. If your savings aren't kept in a high-yield savings account, the interest you earn on your savings could be outpaced by the current inflation rate. Using a high-yield savings account can help you save your savings from inflation because current high-yield savings account rates are higher than current inflation rates.

Persons: —, We've, Patrina Dixon, there's, Dorsainvil, Dixon, it's, aren't Organizations: Service, Business, Federal Reserve, Consumer, Dorsainvil, YGC, CME, Am Locations: CFEI, U.S

☆ Gen Z Women Are Getting Into Personal Finance Tips to Invest and Save
▼ + stars: | 2024-08-12 | by ( Emilie Friedlander | ) www.businessinsider.com time to read: +13 min

These women talk openly about being rich and wanting to help other women become rich too. She also launched a platform called Treasury, which says it has helped women invest over $80 million in the stock market. "I couldn't really find anyone who was teaching money the way that I wanted to learn it," Sacks said. And it's probably getting really smart about how you save money, taking the money that you are saving and investing it and building wealth." Young women, on the other hand, are turning to more tried-and-true tactics.

Persons: Dave Ramsey, Tori Dunlap, It's, Dunlap, Dow Jones, Simran Kaur, Rachel Rodgers, Z, Kaur, Zers, Haley Sacks, Sacks, Cartier, Kylie Jenner, Suze Orman, it's, they're, Rita Soledad Fernández Paulino, Leah Sheppard, Gen Zers, —, Rita Soledad Fernández Paulino Sacks, Kyla Scanlon, Scanlon, aren't, Fernández Paulino, weren't Organizations: Economic, Institute, Washington State, Carson College of Business, GameStop, Fidelity Investments, Federal Reserve's Survey, Consumer Finances Locations: Tacoma , Washington, Dunlap, Instagram, Zealand, York, California

☆ Americans are in their budget era — and it's looking like great news for Walmart, Target, and T.J. Maxx
▼ + stars: | 2024-08-12 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +1 min

There is plenty of cause for concern in the US consumer economy right now, but it's not all bad news. As some companies struggle with the shift, others like Walmart, Target, and TJX are poised to do well. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe US consumer economy is in a weird place right now and there is no shortage of reasons to be concerned about it.

Persons: it's, — Organizations: Walmart, Target, Service, Business

Condo owners unable to pay an assessment can be foreclosed on by their condo association. After that, she plans to move back into her Florida condo, but in the meantime, she’s been living with her adult son. But that’s what happens when prior boards don’t do their job.”But the decision ended up pitting the building’s owners against each other, with some owners saying the work was unnecessary. “These guys ruined my early retirement plan.”Lopez, who helped craft the legislation, said she is looking for ways to provide relief to condo owners once Florida’s Legislature reconvenes next year. Stone would like to see the state Legislature give buildings and condo owners more time to comply with the regulations so they would be able to spread out the costs.

Persons: Janet Stone, she’s, ’ ”, Stone, We’ve, ”, Vicki Lopez, “, —, Greg Batista, he’s, reapplied, ” Stone, Krista Goodrich, they’ve, Batista, Joseph Hernandez, Edgardo Defortuna, ” Defortuna, Jeremy Maurice, Maurice, ” Maurice, Steve Davis, Cristian Murray, ” Murray, ” Lopez, reconvenes, “ I’m, I’m Organizations: Florida House, NBC, Yacht, Surfside, Condo, realtors, Statewide, Dade, University of Miami Locations: Florida’s, Las Vegas, Ormond Beach , Florida, Florida, Champlain, Miami, ”, Daytona Beach, Orlando, Miami Beach, Hollywood , Florida, Ormond Beach, Redfin, Volusia County, South, Dade County

Mortgage rates dropped last week in response to July's weaker-than-expected labor market data, though they're up slightly today. As mortgage rates go down, more homeowners will have an opportunity to refinance and save money on their monthly mortgage payments. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates will affect your monthly and long-term payments. 15-Year Fixed Mortgage RatesAverage 15-year mortgage rates were 5.99% this week, according to Freddie Mac data, which is an eight-basis-point decrease from the previous week. Now that the Fed has paused hiking rates, mortgage rates have come down a bit.

Persons: it's, Freddie Mac Organizations: Zillow, Federal Reserve, Fed Locations: Chevron

☆ A crypto data leak led the FBI to America's most wanted sex trafficking fugitive. Now, the victims want his bitcoins.
▼ + stars: | 2024-08-11 | by ( Laura Italiano | ) www.businessinsider.com time to read: +16 min

Four bitcoin wallets that led to sex-trafficking fugitive Michael Pratt's capture are seen in the bottom left corner. AdvertisementFrom Michael Pratt's 2019 criminal complaint. Federal prosecutors say Pratt increased traffic by forwarding each victim's video link to her school, work, family, and social connections. Michael Pratt's Swiss ID and Barcelona Mailboxes Etc. AdvertisementThese days, DeBarber runs the Baltimore-based Phoenix AI cybersecurity firm with cofounder Justine Li, a Girls Do Porn victim and plaintiff.

Persons: —, Michael James Pratt —, Pratt, Michael Pratt's, Michael Pratt, it's, Charles DeBarber, ike, ake, ould, ong, hough, erving, J ames, rove, ratt, ong K ong, egan, ove, arlene, lew, anni, rooke,, rian H olm,, wiss Organizations: Service, Spanish, Business, Spain's Policia Nacional, Policia Nacional, ust Locations: New Zealander, Madrid, Southern California, Spain, bitcoin, omiting,, ife, ictim

☆ I quit Goldman Sachs to be a stay-at-home dad. More men should look after the kids so women can have careers.
▼ + stars: | 2024-08-11 | by ( Charissa Cheong | ) www.businessinsider.com time to read: +7 min

Read previewThis as-told-to essay is based on a transcribed conversation with Pranshu Dwivedi, 35, from New Delhi, about quitting his job at Goldman Sachs to be a stay-at-home dad. Business Insider verified his employment at Goldman Sachs with documentation. I joined Goldman Sachs as an intern in 2011, and in 2012 I got a full-time job as an analyst working in their Bengaluru office. AdvertisementI loved my experience at Goldman Sachs. I joined Goldman Sachs full-time in 2012, working on the equity research team.

Persons: —, Pranshu Dwivedi, Goldman Sachs, Goldman, I've, Hong Kong Goldman, We'd, wouldn't, She's, I'm, there's Organizations: Service, Goldman, Business Locations: New Delhi, Bengaluru, Hong Kong, Delhi, India

☆ A boomer lives on $1,601 monthly from Social Security and struggles to pay bills. She plans to wait a few more years until she touches her 401(k).
▼ + stars: | 2024-08-11 | by ( Allie Kelly | ) www.businessinsider.com time to read: +5 min

AdvertisementMaureen now lives on $1,601 monthly Social Security payments in northeast Pennsylvania, according to bank documents viewed by BI. For others, fixed Social Security incomes aren't enough to afford basic necessities. Over half of baby boomers have $250,000 or less in retirement assets, per a 2024 report from the Retirement Income Institute . AdvertisementHer husband's Social Security money primarily went to her daughters when they were young, she said, but she recently learned his employer is closing their pension system. With $1,601 monthly Social Security as her only source of reliable income, Maureen is on a tight budget.

Persons: —, Maureen, Patricia Polacco's, Maureen —, hasn't, she's, doesn't Organizations: Service, Business, Catholic, Social, BI, Northwestern Mutual, Income, Social Security, SNAP Locations: Pennsylvania

For Love & Money is a column from Business Insider answering your relationship and money questions. This week, a reader's dad died and left all his money to one sibling. Dear For Love & Money,My dad died almost two years ago and left my younger brother and me here. I know my dad caused this situation, but my brother doesn't have to handle it like that. Maybe your dad felt bad for your brother because he always secretly felt you had more promise.

Persons: —, doesn't, I've, didn't, I'm, it's Organizations: Business, Service

☆ How to Avoid Online Scams and What to Do if You Become a Victim
▼ + stars: | 2024-08-10 | by ( Tara Siegel Bernard | ) www.nytimes.com time to read: 1 min

Cybercrime is on the rise, but even the best antivirus software can’t thwart scammers who target the human psyche. Some of the most damaging and costly scams involve what’s known as “social engineering.” That’s when fraudsters use time-tested techniques of deception and emotional manipulation, tricking people into divulging personal or financial information, or even granting remote access to their computers. This is what happened to Barry Heitin, a 76-year-old retired lawyer who lost roughly $740,000 to sophisticated swindlers impersonating bank and government officials. People of all ages and socioeconomic levels are potential targets, but older Americans are particularly vulnerable. They’re more likely to have amassed savings, and they’re perceived to be more isolated or perhaps less computer savvy.

Persons: scammers, Barry Heitin

☆ Insider Today: A shot to reverse aging
▼ + stars: | 2024-08-10 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com time to read: +7 min

On the agenda:This story is available exclusively to Business Insider subscribers. AdvertisementVeronica Thatcher, who's worked at Costco for 18 years, told Business Insider she also spotted "Halloween- and harvest-themed decorative pillows" in the big-box store this month. According to eMarketer, Lowe's made Halloween merch available online on June 1 and it'll be available IRL on August 23. iStock; Rebecca Zisser/BIWealthy patient, healthy jointsIt's hard to slow down aging, but the wealthy are giving it their best shot, literally. More of this week's top reads:The Insider Today team: Jordan Parker Erb, editor, in New York.

Persons: —, I'm, Chelsea Jia Feng, you've, Veronica Thatcher, who's, Mike Booth, prepping, eMarketer, Lowe's, Taylor Rains, Insider's Taylor Rains, Beond, Rebecca Zisser, Bryan Johnson, — Johnson, Edward Berthelot, Burberry, Natalie Ammari, they've, Kit Harington, Oscar, Anthony Hopkins, Jordan Parker Erb, Dan DeFrancesco, Lisa Ryan, Amanda Yen Organizations: Service, Business, Retailers, Costco, CFVR, Home Depot, Burberry, US, HBO, Paramount, Showtime Locations: Alberta, Canada, Michaels, Italy, Maldives, Dubai, Bahamas, British, London, Nazi, New York, New York City

☆ Meet the Gen-Zers and millennials working summer jobs on top of their 9-to-5s: 'It's helped me feel happier, more relaxed.'
▼ + stars: | 2024-08-10 | by ( Morgan Smith | ) www.cnbc.com time to read: +6 min

Laquintano, 28, started working there with her older sister when she was 16 to kill time while she was off school. She works at Rita's with her younger brother, Andrew, who is home from college for the summer. As a remote employee, Fullerton says working at Bird & Betty's has also given him a much-needed social outlet. Oddly enough, working more has helped me feel happier, more relaxed." Alvarado spends her summers working as a camp counselor at the Kickapoo Kamp for Girls in Kerrville, Texas.

Persons: Gen Zers, millennials, Anna Laquintano, she's, Rita's, Laquintano, I've, it's, Andrew, Pat Fullerton, Betty's, Fullerton, he'll, Krystal Alvarado, She's, Alvarado Organizations: Fullerton, it's, American Heritage Federal Credit Union, CNBC, Bird, Start, Girls Locations: Beach Haven , New Jersey, Rockledge , Pennsylvania, Philadelphia, Rita's, Italian, New Jersey, Beach, Fullerton, Hoboken , New Jersey, Texas, Alvarado, Hidalgo County, South Texas, Kerrville , Texas

☆ US to South Korea: TikTok star undergoes 15 beauty treatments in just 3 days
▼ + stars: | 2024-08-10 | by ( Steffi Cao | ) edition.cnn.com time to read: +12 min

“Getting a plane ticket to Korea to get Botox and filler done is honestly cheaper than getting it done here.”Lee undergoes a beauty treatment in South Korea. Courtesy _Lee @taxinoodle_A screenshot from Lee's TikTok video where she explains the 15 beauty treatments she had done in Seoul. Visitors and vendors discuss beauty products at the K-Beauty Expo, the largest beauty exhibition in South Korea, on October 12, 2023 in Goyang, South Korea. Courtesy _Lee @taxinoodle_Lee receives a consultation — and the requisite "before" shots to compare with post-treatment ones — at a clinic in South Korea. Courtesy _Lee @taxinoodle_Lee always gets her hair dyed ($125) in South Korea because she prefers the pricing and service.

Persons: Yerim Lee, Lee, It’s, ”, ” Lee, “ It’s, Chris Jung, Don’t, —, “, Botox, Jennie, Kim, there’s, @taxinoodle_ Yerim Lee, @taxinoodle_ Lee, TikTok, ‘ Organizations: CNN, . Visitors, Getty Images, South Korean Ministry of Health, Welfare Locations: Seoul, South Korea, New York City, Korea, _Lee, Goyang, Seoul’s Gangnam

☆ I tried a 'kid-safe' smartphone with no social media. I loved it but would change one thing.
▼ + stars: | 2024-08-10 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +8 min

Gen Alpha is poised to be the most online generation, with AI and other inevitable advancements in technology and social media. I loved the phone, but using it for a week also made me realize how complicated excessive social media use is to solve. AdvertisementIt all reminded me of a conversation I had earlier this year with an ex-digital brand strategist about reducing social media use. I'd see memes from friends who forgot to text my Gabb phone and would get sucked right back into social media. Plus, the only reason I have social media boundaries at all is because I grew up being encouraged to have hobbies.

Persons: —, I've, Alpha, Julia Pugachevsky, it'd, Sabrina Carpenter's, GabbMessenger, It's, they'll Organizations: Service, Business, Apps, Spotify

☆ Your Online Lender May Not Be a Bank. Here’s How to Keep Your Money Safe.
▼ + stars: | 2024-08-10 | by ( Rob Copeland | ) www.nytimes.com time to read: +1 min

If it looks like a bank, advertises like a bank and accepts money like a bank — it still might not be a bank. That is the lesson being meted out in painful fashion to tens of thousands of depositors who entrusted their savings to online-only lenders. But to the surprise of many depositors, these companies merely collect money and funnel it through intermediaries to banks. Because Synapse was not a bank, the F.D.I.C. insurance did not automatically apply, and now nearly $100 million of deposits have been frozen or lost.

Organizations: Federal Deposit Insurance Corporation, Synapse Financial Locations: U.S

☆ Wealthy investors find opportunities in stock market sell-offs
▼ + stars: | 2024-08-09 | by ( Robert Frank | ) www.nbcnews.com time to read: +7 min

Wealthy investors and family offices shied away from stocks leading up to market swings this week, but many saw the drop in prices as an opportunity for tax savings and estate planning, according to wealth advisors. When stocks tumbled Monday, with the S&P 500 and Nasdaq down 3%, wealthy investors neither panicked nor jumped in to buy, according to several advisors. The drop in prices last Friday and Monday also offered a chance for wealthy investors to take advantage of tax benefits and gift strategies. With the gift and estate exemption amount scheduled to expire at the end of next year, many wealthy investors are working to give away the maximum before the expiration. “Most family offices are so invested in alternatives, hedge funds, PE and real estate, that they aren’t moving their investments around anyway,” said Geoffrey von Kuhn, an advisor to several of the nation’s largest family offices.

Persons: ‘, ’ ”, Sean Apgar, ” Apgar, BBR, —, William Sinclair, ” Sinclair, ”, Jennifer Povlitz, Geoffrey von Kuhn, Richard Weintraub, ” Weintraub, Buffett, Michael Pelzar, ” Pelzar, “, Jimmy Chang Organizations: UBS, Deloitte, Nasdaq, BBR Partners, Morgan Private Bank, Big Tech, “, UBS Wealth Management, Americas, Citi Private Bank, Bank of America Private Bank, ” Advisors, Rockefeller Global Family Locations: U.S, J.P

LAS VEGAS — At the largest hacker conference in the world this week, some turned out for a rare overtly partisan event: a fundraiser for presumptive Democratic presidential nominee Kamala Harris. Organizers said the “Hackers for Harris” event, held late Thursday afternoon in a convention center bar at DEF CON, brought in more than $150,000 in pledged donations — a small amount compared to Harris’ recent hauls, but the largest political fundraiser in the conference’s 31-year-history. The hackers’ enthusiasm for Harris contrasts with how much a different tech sector, the cryptocurrency industry, has embraced former President Donald Trump. Some of Trump’s allies drastically misrepresented DEF CON’s findings about election cybersecurity in their failed attempts to prove he had actually won the 2020 election. Last year, Rep. Andy Biggs, R-Ariz., introduced a failed amendment to stop paying the salary of a relatively unknown career CISA election cybersecurity official.

Persons: Kamala Harris, Harris, Kemba Walden, Trump, Joe Biden’s, Jake Braun, “, Biden, ” Walden, Hillary, Donald Trump, cryptocurrency, Chris Krebs, Andy Biggs, gutting CISA, Walden, —, unapologetically, ” Organizations: VEGAS, Democratic, DEF CON, Biden, DEF, White, NBC News, POLITICO, Republican, Infrastructure Security Agency, U.S, Heritage Foundation

See our picks for the best debt consolidation loans »PenFed Personal Loan FeaturesPenFed Credit Union Personal Loan amounts range from $600 to $50,000. For example, Navy Federal Credit Union Personal Loan amount range is $250 to $50,000, and the range for Connexus Credit Union Personal Loan is $2,500 to $25,000. PenFed Personal Loan Pros and ConsPenFed Credit Union Personal Loan ProsWide range of loan amounts. PenFed Personal Loan ConsYou have to be a member to get your loan. Yes, PenFed Credit Union is a legitimate credit union federally insured by the National Credit Union Administration.

Persons: Coborrowers, you've, You'll, Formally, PenFed, Ryan Wangman, Read, Elias Shaya, Elias Organizations: PenFed Credit Union, PenFed, Pentagon Federal Credit Union, Navy Federal Credit, Connexus Credit, you'll, Social, PenFed Credit, National Credit Union Administration, Better Business, Chevron, Navy Federal Credit Union, Navy Federal, Department of Defense, Connexus Credit Union Connexus Credit Union, Connexus Association, Credit Union, Better Business Bureau, Finance, Northwestern University, Boston Globe Locations: PenFed, Chevron, Wisconsin , Minnesota, Ohio, New York City

See how we rate credit cards to write unbiased product reviews. I grew up in poverty, but as I started my financial journey, I benefited from cash-back credit cards. While travel rewards cards may offer better overall rewards, cash-back cards make small splurges easy. Many cash-back cards come with a sign-up bonus as well — often up to $200 extra. Business Insider's pick for the best cash-back credit card for everyday use is the Chase Freedom Unlimited®.

Persons: —, I've Organizations: Service, Chase Locations: U.S, I'm

☆ Retailers are tricking consumers into spending more with earlier-than-ever Halloween rollout
▼ + stars: | 2024-08-09 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +5 min

But all the excitement to get a jump start on Halloween comes as consumers are showing more signs of financial stress. Tricking consumers into treating themselves more“It’s clear that consumers have been interested in buying Halloween products earlier and earlier,” said Champine. Michaels said it started selling Halloween goods in June, the earliest the retailer has ever done so. The initial launch of Halloween goods at Michaels “has been consistently beating our internal expectations,” he added. By selling Halloween goods earlier, they’re likely hoping it’ll decrease the likelihood of having to discount, she added.

Persons: can’t, ”, Laura Champine, they’re, Joe Feldman, Michaels, ” John Gehre, Michaels “, ” Kelsey Robinson, Lance Allen, “, ” Allen, David Zalubowski, they’ve, they’ll, Champine, ” Lowe’s, Feldman Organizations: New, New York CNN, Disney, Walt Disney, Loop, Telsey Advisory, CNN, Costco, Consumer, McKinsey, Labor, Depot Locations: New York, Los Angeles, Sheridan , Colorado, Lowe’s

☆ Customers didn’t stop spending. Companies stopped serving
▼ + stars: | 2024-08-09 | by ( Allison Morrow | ) edition.cnn.com time to read: +6 min

It’s called a sector rotation, and it happens all the time as part of the natural course of a business cycle. The US economy is still pretty strong, growing at an annualized rate close to 3% in the most recent quarter. But it’s not as if Americans have stopped going to restaurants — they’re just being a bit more discerning when they do. Instead, they’re going to Texas Roadhouse, where they can sit down and have some service with their meal. Or they’re swinging through Chipotle, which saw sales shoot up 11% last quarter at stores open at least a year.

Persons: CNN Business ’, they’ve, that’s, it’s, they’re, ”, Mark Hoplamazian, Marriott’s, Disney, Hugh Johnston, — they’ve, Pete Werner, wouldn’t Organizations: CNN Business, New York CNN, Wall, Texas, Disney, CNN, Bloomberg Locations: New York, —, Texas

☆ The bitcoin bounce could give way to a deeper pullback, chart analysts say
▼ + stars: | 2024-08-09 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +1 min

Bitcoin has clawed back most of its weekly losses after an 11% rally late Thursday, but it is not out of the woods yet, according to chart analysts. "Bitcoin got nicely oversold after slicing through $53,000 [Monday], so a little relief is in order," Ron Ginsberg, a chart analyst at Wolfe Research, told CNBC. It now needs to hold that level on a consecutive weekly closing basis, Fairlead Strategies' Will Tamplin told CNBC. "Our intermediate-term metrics for bitcoin point lower, so we would look for a bounce to give way to a deeper pullback" to near $51,500, he said. "A cyclical uptrend remains in place for bitcoin, although long-term upside momentum behind the uptrend has slowed due to its corrective phase."

Persons: Bitcoin, Ron Ginsberg, Ginsberg, Will Tamplin Organizations: Metrics, Wolfe Research, CNBC

☆ 41% say the American Dream is impossible to reach now, survey finds—how they define success instead
▼ + stars: | 2024-08-09 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

For some Americans, the American Dream has become more like a vision. That's according to a recent Pew Research Center survey, in which more than 8,700 U.S. adults were asked to describe their views of the American Dream. "The American Dream is changing, according to small-business owners," Fara Howard, GoDaddy's chief marketing officer, told CNBC Make It at the time. Thirty-one percent said they'd already achieved the American Dream, and 36% said they were on the right path toward it. "These views are nearly identical to when the Center last asked this question in 2022," the Pew report noted.

Persons: —, it's, Raj Chetty, Chetty, Michael Sandel, GoDaddy, Fara Howard, Gen Z, Ted Rossman, they'd Organizations: Pew Research Center, CNBC, Harvard University, Harvard's Kennedy School of Government, Harvard Locations: U.S, homeownership

☆ Beware Politicians’ Newfound Love of Crypto - The New York Times
▼ + stars: | 2024-08-09 | by ( Eswar Prasad | ) www.nytimes.com time to read: +2 min

Donald Trump is vowing to make the United States “the crypto capital of the planet,” and a new Republican-sponsored Senate bill demands that the Fed invest billions in bitcoin. All of this might suggest that the crypto world is finally putting its scandals and unsavory reputation as the playground of crooks and financial charlatans behind it. Politicians’ newfound love of crypto probably has more to do with a cynical bid for young voter support and Silicon Valley cash than a maturing of a financially perilous set of assets. If anything, crypto today presents even greater risks to its investors and to our financial institutions than it did before. The fact that the Republican Party is publicly celebrating crypto to American voters could only make matters worse.

Persons: Crypto, Donald Trump, Kamala Harris, Biden, ’, Bitcoin Organizations: Securities and Exchange Commission, Republican, charlatans, Republican Party Locations: United States, bitcoin, Silicon

☆ How Taylor Swift and Blake Lively helped 'Deadpool and Wolverine' editor land the job of a lifetime
▼ + stars: | 2024-08-09 | by ( Nicolas Vega | ) www.cnbc.com time to read: +3 min

Shane Reid's journey to co-editing the smash-hit "Deadpool and Wolverine" started, of all places, with Taylor Swift. "Blake sold me through and convinced Ryan and [Director] Shawn [Levy] I was someone they should bring on." In an Instagram story following the release of "Deadpool and Wolverine", Reynolds credited Lively for encouraging him to give Reid a chance. "My wife directed a music video and fell in love with her editor @sreid2," he wrote. Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.

Persons: Shane Reid's, Taylor Swift, Reid, Hennessy, Blake Lively, Charlie Puth, ’, Ryan, Ryan Reynolds, Blake, Shawn, Levy, Deadpool, Reynolds, Lively, @sreid2, I've, I'm, Jason, Ivan Reitman, it's, Reitman Organizations: BMW, Adidas, CNBC

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