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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow to earn $70,000 in interest alone every year in retirementAn "interest-only" retirement plan can fund your retirement without draining your savings, but you will need to save a lot of money to make it possible. CNBC crunched the numbers, and we can tell you how much you need to save every month, broken down by age, to get $70,000 every year in an interest-only retirement. Check out this video to learn how much you will need in order to turn that dream into a reality.

While the thought of funding your retirement adequately might be daunting, if you start planning now you'll certainly be thankful later. It also might not be as difficult as you think. Retirement usually entails replacing your onetime annual salary from a workplace with other income sources to maintain your current lifestyle. While Social Security may cover part of your budget, the rest of your money will most likely need to come from your savings and investments. CNBC crunched the numbers, and we can tell you how much you need to save now to get $70,000 every year in retirement — without taking a bite out of your principal.

☆ Walmart’s ho-hum is the new fabulous
▼ + stars: | 2023-02-21 | by ( Jennifer Saba | ) www.reuters.com time to read: +3 min

NEW YORK, Feb 21 (Reuters Breakingviews) - At Walmart (WMT.N), boring is the new fabulous. But Walmart benefits from being big, established, and, importantly, profitable, and the latter can’t be said for Amazon.com’s (AMZN.O) retail business. As the shine comes off of technology companies, Walmart’s failures are an afterthought. Walmart’s commitment to keeping prices low is reflected in its operating margins that currently hover at a slim 3%. Walmart’s enterprise value to this year’s EBITDA, at 12 times, is a hair more than Amazon’s.

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow to earn $30,000 in interest only every year in retirementAn "interest-only" retirement plan can fund your retirement without draining your savings, but you will need to save a lot of money to make it possible. CNBC crunched the numbers, and we can tell you how much you need to save every month, broken down by age, to get $30,000 every year in an "interest-only" retirement. Check out this video to learn how much you will need in order to make it a reality.

While the thought of funding your retirement adequately might be daunting, if you start planning now you'll certainly be thankful later. Retirement usually entails replacing your former annual salary with other income sources to keep up with your lifestyle. While Social Security may cover part of your budget, the rest of your money will most likely need to come from your savings and investments. CNBC crunched the numbers, and we can tell you how much you need to save now to get $30,000 every year in retirement — without taking a bite out of your principal.

☆ The 25 Tweets That Show How Twitter Changed the World - The New York Times
▼ + stars: | 2023-02-10 | by ( ) www.nytimes.com time to read: +2 min

On Wednesday, Twitter announced that users who pay extra will be able to send their thoughts into the world in tweets of up to 4,000 characters, instead of 280 or less. We wanted to capture the ways that Twitter — a platform used by a tiny percentage of the world’s population — changed how we protest, consume news, joke and, of course, argue. What you see below is our list, compiled with the help of experts, of the 25 most important tweets. Like all such rankings, we hope it can serve as a starting point for discussions and arguments, both on Twitter and off. We asked them to submit tweets they thought were good candidates for the most important of all time, with the only criterion being that the tweets had to be in English.

Retirement usually entails replacing your annual salary with other income sources to keep up with your lifestyle. While Social Security may cover part of your budget, the rest of your money will most likely need to come from your savings and investments. NerdWallet crunched the numbers, and we can tell you how much you need to save now to get $65,000 every year in retirement, without taking a bite out of your principal. The numbers assume you will retire at age 65 and that you currently have no money in savings. For investing, we assume an annual 6% return when you are saving and a more conservative 3% rate during your "interest-only" retirement.

☆ How to earn $65,000 in interest only every year in retirement
▼ + stars: | 2023-02-07 | by ( Emily Lorsch | Mackenzie Sigalos | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow to earn $65,000 in interest only every year in retirementAn "interest-only" retirement plan can fund your retirement without draining your savings, but you will need to save a lot of money to make it possible. NerdWallet crunched the numbers, and we can tell you how much you need to save every month, broken down by age, to get $65,000 every year in an "interest-only" retirement. Check out this video to learn how much you will need in order to make it a reality.

☆ This 26-year-old quit her job to ask strangers how much money they make—now she's scoring 6-figure brand deals
▼ + stars: | 2023-01-02 | by ( Jennifer Liu | ) www.cnbc.com time to read: +6 min

Within months, Williams and her fiance, James Daniels, both quit their jobs to focus on turning Salary Transparent Street from a few TikTok videos to a full-fledged business. So far, Salary Transparent Street has brought in nearly $600,000, and the couple live off a $200,000 per year salary. Within two weeks, Williams connected with two agents who provided $24,000 in seed money for Salary Transparent Street's first two months. Salary Transparent Street continued to gain momentum, reaching millions of viewers. Just like with any job, Williams says, being your own boss also has some downsides, the biggest one being that the internet never stops.

☆ These people kept New Year's resolutions like saving $20,000 and reading 52 books — here's how they did it
▼ + stars: | 2022-12-31 | by ( Eve Peyser | Forge Medium | ) www.businessinsider.com time to read: +11 min

My most successful resolution to date was in 2020, when I vowed to learn how to drive a car. Courtesy of MikeI used to only set unquantifiable New Year's resolutions for myself, like "lose weight." But now I think of resolutions as goals I can accomplish that would be nice for me, not for anyone else. I really just try to frame my resolutions as, "What would make me feel really good this year?" I decided not to spend money on clothing, books, media, and video games, which was really hard because Animal Crossing came out that year.

☆ 3 unique and cheap ways I've built strong connections with customers to grow my multimillion-dollar jewelry business
▼ + stars: | 2022-12-21 | by ( Erin Greenawald | ) www.businessinsider.com time to read: +7 min

This article is part of "Marketing for Small Business," a series exploring the basics of marketing strategy for SBOs to earn new customers and grow their business. For one, when I sat down and crunched the numbers, I realized a lot of traditional marketing methods would not be the most effective way to use our budget. I also thought about my target customer, and traditional marketing didn't feel like the best way to reach her, either. Here are three twists on traditional marketing I use to connect more deeply with clients, grow our company reach — and, ultimately, build a multimillion-dollar business. We celebrate our customers instead of doing traditional event marketingEvents are a great way to show prospective customers our products in person and let them try them on for size.

☆ Pilot pay is skyrocketing in the airline industry and it could keep airfare sky high
▼ + stars: | 2022-12-07 | by ( Taylor Rains | ) www.businessinsider.com time to read: +5 min

Pilots are seeing big pay bumps across the industry. Taylor Rains/InsiderDelta Air Lines and its pilot union have come to a preliminary agreement to increase wages by over 30%. Pilot pay raises could increase airfare as labor is the number one cost for airlines. But pilot pay raises may be a more effective way to attract and retain talent. Increased pay could mean higher faresAs more major carriers potentially solidify additional pay raises, it's possible the industry's already high airfare could increase even more as labor is the number one cost for airlines.

☆ The difference between this comeback and the market's last failed bear market bounce
▼ + stars: | 2022-12-03 | by ( Michael Santoli | ) www.cnbc.com time to read: +8 min

A 17% S & P 500 surge off a new bear-market low in a market drenched in stagflation panic? On a purely technical, tape-reading basis, the S & P 500 this trip has in fact now closed above its 200-day average, whereas it merely touched that threshold in August. The equal-weighted version of the S & P 500 is down only 8.5% this year and a mere 2% off its August peak, compared to 14.5% and 5% for the standard market-cap-weighted S & P, more evidence that the "typical stock" is holding up better than the biggest ones. This time, stocks began falling two months before the first Fed rate hike. Wall Street strategists, meantime, are collectively projecting a modest drop in the S & P 500 for 2023, the first time since at least 1999 when the consensus failed to target annual gains.

☆ The West is struggling to set an oil price cap that hurts Russia
▼ + stars: | 2022-11-25 | by ( Julia Horowitz | ) edition.cnn.com time to read: +6 min

Putin said Thursday that Western plans to introduce oil price caps would have “grave consequences” for energy markets. The oil price cap aims to amend that policy. Shipping services and insurance could be provided to tankers transporting Russian oil — so long as it’s purchased at or below the price cap established by Western nations. “But reality will be different.”Some analysts think the price cap will ultimately be less important than Europe’s oil embargo. “Due to the EU oil embargo and the planned price cap on oil from Russia, oil production there is likely to be significantly curtailed,” Commerzbank said in a note to clients.

In addition to offering its ad-supported plan for just $2 per month for a full year, you can include Disney Plus for just $3 a month more. How to get the Hulu Disney Plus Black Friday 2022 DealYou must be a new or eligible returning subscriber to get the Hulu Disney+ Black Friday deal. Rare Deal Hulu x Disney+ Monthly Promotion During Black Friday, you get Hulu (with ads) and Disney+ (no ads) for just $5 per month for a full year. This deal saves you $11 per month off the regular price of the two services combined. Thereafter, the regular price for the bundle will be $11 a month, but that price could increase without warning.

☆ 5 reasons Trump's ex-CFO, testifying in the Trump Org tax-fraud trial, is the worst prosecution witness ever
▼ + stars: | 2022-11-17 | by ( Laura Italiano | ) www.businessinsider.com time to read: +10 min

The Trump Organization tax-fraud trial is in its fourth week; ex-CFO Allen Weisselberg is testifying. But was Allen Weisselberg, Trump's first and only chief financial officer, ever really flipped? Or Trump's company, which is still paying him $1.4 million this year in salary plus bonus? Here are five reasons Weisselberg is shaping up to be the worst prosecution witness ever. Donald Trump or Eric Trump approved those executive salaries, bonuses and perks, Hoffinger, the prosecutor, told jurors, who have seen many of the signed checks and signatures that prove this.

However, the volume of crude available to refineries was 14.22 million bpd, consisting of imports of 10.16 million bpd and domestic oil production of 4.06 million bpd. China exported 4.46 million tonnes of refined products in October, equivalent to around 1.15 million bpd, using the BP conversion rate of 8 barrels to one tonne. Fuel exports are expected to remain at elevated levels in November as refiners use up their remaining quotas for 2022. China's November crude imports are estimated at 11.46 million bpd by Refinitiv Oil Research, which would be an 11-month high. Overall, the recent strength in China's crude imports may not be long-lasting, especially if new refined fuel export quotas aren't granted.

The worst-kept secret in U.S. politics is finally out: Donald Trump is running for president. But, of course, the GOP itself crashed, with many of Trump’s hand-picked candidates headlining the disaster. He was the political black hole from which so few GOP candidates escaped. “The question is: What happens when he goes head-to-head with the guy he’s imitating?”Well, with Trump’s official 2024 bid, we are one step closer to seeing what will happen. A Trump party in all but name.

☆ Keurig Dr Pepper just invested $50 million in Athletic Brewing, the brand dominating the nonalcoholic beer sector. Here's how the founder started and grew his brewery after leaving the hedge-fund worl
▼ + stars: | 2022-11-09 | by ( Nancy Luna | ) www.businessinsider.com time to read: +6 min

The investment gives Keurig a minority position in the beverage startup, which controls over half of the $328.6 million nonalcoholic-beer market. He quit his position at Point72 Asset Management in 2017 and cofounded Athletic Brewing a year later with the head brewer John Walker. Athletic Brewing now controls 45% of the non-alcoholic craft beer market. Athletic Brewing said it distinguishes itself from big beer brewers by being the only brewery in the country dedicated solely to nonalcoholic craft beer. The restaurateur Danny Meyer and Chang serve Athletic Brewing in Eleven Madison Park, Gramercy Tavern, The Modern, and Momofuku Ko.

☆ In bankrupt Lebanon, locals mine bitcoin and buy groceries with tether, as $1 is now worth 15 cents
▼ + stars: | 2022-11-05 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +32 min

Others arrange clandestine meetings via Telegram to swap the stablecoin tether for U.S. dollars in order to buy groceries. In Jan., police raided a small crypto mining farm in the hydro-powered town of Jezzine, seizing and dismantling mining rigs in the process. But mining crypto tokens to earn a living is not for everybody. Younes tells CNBC that he initially moved 15% of his money into bitcoin, and he kept the remaining balance in cash. Lebanon has six bitcoin ATMs — one in Aamchit and five in Beirut, according to metrics offered by coinatmradar.com.

☆ United Airlines opens a new grab-and-go lounge in Denver for time-crunched travelers
▼ + stars: | 2022-11-04 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

United Airlines is opening a new kind of lounge at Denver International Airport, and it's not designed for travelers to linger. The roughly 1,600-square-foot lounge, called United Club Fly, is a "grab-and-go" facility with complimentary food options like sandwiches, wraps and salads as well as smaller items like Noosa yogurt cups and treats like Milk Bar Birthday Cake Truffles. A barista will offer made-to-order coffee drinks like cappuccinos, but there is also a self-serve coffee machine and a water bottle refilling station. Seating is limited: 16 seats and standing room for eight people at a bar. Travelers scan their boarding pass to enter and can't bring guests, like they can at standard United Clubs.

☆ Procter & Gamble Ups Marketing to Persuade Consumers on Pricier Products
▼ + stars: | 2022-10-17 | by ( Sharon Terlep | ) www.wsj.com time to read: 1 min

Inflation is testing Americans’ loyalty to Procter & Gamble biggest brands, but the maker of Tide detergent, Pampers diapers and Gillette razors is betting it can persuade shoppers to keep paying up. The world’s biggest maker of consumer products is rolling out star-studded ad campaigns and new product features, from drip-proof soap bottles to extra-absorbent paper towels, hoping to keep cash-crunched consumers from switching to cheaper brands.

☆ Procter & Gamble Bets Inflation Won’t Push Shoppers to Trade Down
▼ + stars: | 2022-10-17 | by ( Sharon Terlep | ) www.wsj.com time to read: 1 min

☆ I'm a 26-year-old vintage reseller who sells to customers like Post Malone. Here's how I got started on Depop and expanded to a New York City storefront.
▼ + stars: | 2022-10-14 | by ( Claire Turrell | ) www.businessinsider.com time to read: +8 min

Emma Rogue is the founder of Rogue, a vintage store in New York that has fans like Post Malone. He said I should make a video about my Depop store, Rogue — which remained separate from my job at Depop — instead. Depop eventually offered me a full-time job, but I decided to see where I could take Rogue instead and left Depop Space NY in October 2020. The business still has startup vibes, but we have more processes in placeShoppers in the Rogue store. I'm earning more than when I was working at Depop Space NY, but I'm so grateful to Depop because this is how I got my start.

☆ Ethereum's massive software upgrade just went live — here's what it does
▼ + stars: | 2022-09-15 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +8 min

The overhaul to the ethereum network fundamentally alters the way the blockchain secures its network and verifies transactions. But with the upgrade, ethereum has migrated to a system known as proof-of-stake, which swaps out miners for validators. "But the network as a whole — because of the redundancy across all this different software — will very likely be stable and fine." The rewards for validators are much smaller than those that went to proof-of-work miners, meaning that less ether will be minted as a result of this upgrade. Next few hours, days are keyThe next few hours and days will be key to gauging the health of the ethereum network post upgrade.

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