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CNN —The US could be approaching a 2011-style debt ceiling market meltdown, but worried investors shouldn’t abandon ship, Wall Street analysts say. That means that if Congress doesn’t raise the debt ceiling by then, the US could default on its debt. But lawmakers remain in a deadlock about whether to lift their self-imposed borrowing limit: Democrats want Congress to pass a debt ceiling increase without conditions but Republican leadership says that any debt limit increase should be accompanied by spending cuts. Wall Street’s response: A debt ceiling meltdown creates serious risk for investors. Even if the debt ceiling debates are resolved, it’s not a bad idea to have some money invested abroad just in case of upheaval.
Chan performed tricks for PayPal's 20th IPO anniversary last year, with Elon Musk also attending. Two decades later, I had the opportunity of a lifetime to perform magic tricks for my old company at PayPal's 20th IPO anniversary party in August. The invitation said it would be a "tricked-out PayPal reunion party" and I was very excited in the build-up. Daniel ChanMost of the PayPal founders, known as the "PayPal Mafia," were there, including Elon Musk, Peter Thiel, David Sacks, and Max Levchin. I fooled Elon Musk.
Our answer is yes, we would make a very small trim — 50 shares of our 750 share position in Starbucks (SBUX) — if we were not restricted from trading. This speculation hit the stock hard that day because China is a huge growth opportunity for the coffee retailer. SBUX 1Y mountain Starbucks (SBUX) 1-year performance There is a lot to be bullish about in Starbucks' future, but a lot of that good news is starting to get priced in. Following Thursday's positive session for stocks, the market pushed even deeper into overbought territory, according to the S & P Oscillator . As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
The broken promises of proptech
  + stars: | 2023-01-10 | by ( Alex Nicoll | Kelsey Neubauer | Jordan Pandy | ) www.businessinsider.com   time to read: +12 min
Proptech customers, employees, and investors said they went from delighted to disillusioned. Proptech investors eager to capture these trends pumped $32 billion into the industry in 2021. As markets deteriorated, disillusionment set in among proptech customers, investors, and employees. Some customers say they were disappointed buying homes via proptech startupsReal-estate startups like Divvy Homes and Better launched under the auspices of helping customers afford quality homes. Investors in proptech firms are taking financial hitsYou don't need to ask proptech investors whether they're disappointed in the sector's performance — just look at share prices.
The historic dysfunction surrounding the election of House Speaker Kevin McCarthy is raising concern of a debt ceiling crisis this summer or fall that threatens the world economy. “Even before this week, there was a growing concern about how things like the debt limit and funding the government would be processed. Weeks before the messy McCarthy vote, Goldman Sachs similarly cautioned that the next debt ceiling fight could be the riskiest since 2011. Congress has some time to figure out how to address the debt limit before it becomes a crisis. Recall that after months of fighting, Congress eventually raised the debt limit in 2021 to stave off economic disaster.
An older Amazon worker shared their experience preparing for peak periods at the warehouse. At my warehouse, a week before peak period starts, all the equipment is serviced in anticipation of the busiest time of the year. With increased orders, there are more boxes to pack and most people are very stressed, but I really enjoy it. During Black Fridays and other peak periods, Amazon gives out incentivesAmazon used to give out $50 Amazon gift cards during peak periods. Are you an Amazon worker with a story to tell?
Hutchinson told the panel that her Trump-aligned lawyer advised her to mislead lawmakers. ""Look, we want to get you in, get you out," Hutchinson said Passantino told her before the appearance. Reach out to them," Hutchinson told the panel, paraphrasing what Passantino told her of a job offer connected to former top Trump aide Jason Miller. Hutchinson said she told Farah, who was also a former House aide, to back channel with the January 6 committee. Former Trump White House aide Cassidy Hutchinson arrives for her public testimony in front of the January 6 committee.
CNN —Sebastian Junger is used to dodging bullets in war zones, so he didn’t expect to almost die in his own driveway. It was so dire, he needed a transfusion of about 10 pints of blood right into his jugular. A near-death experienceBesides making him an advocate for blood donation, the experience also caused the affirmed atheist to question what happens after death. And there was my dead father welcoming me, and I don’t know why.”The next day, an intensive care unit nurse told Junger he had almost died. That was the experience Junger seemed to have with his dead father.
An older Amazon worker shared their experience preparing for Black Friday at the warehouse. The worker loves the Black Friday chaos but finds the employee-raffle incentive discouraging. With increased orders, there are more boxes to pack and most people are very stressed, but I really enjoy it. During Black Fridays and other peak periods, Amazon gives out incentivesAmazon used to give out $50 Amazon gift cards during peak periods. Are you an Amazon worker with a story to tell?
I've been laid off four times in a row during my tech career. I think it's important to take a few days after you're laid off to take advantage of the rare occurrence where you actually have free time. Every job I've gotten post-layoff has been due to a colleague or acquaintance referring me. Figure out your dream jobUse the time after a layoff to figure out what you really want out of a job. I also highly recommend reading "Designing Your Life" by Bill Burnett & Dave Evans if you're feeling really lost.
Cassie Holland lost her job during the pandemic and became a cart girl at a Las Vegas golf course. I got to the golf course and it had palm trees and little animals running around. About a year into working as a cart girl, I started putting videos on TikTokHolland with a golfer. I still hear from people from across the country asking if I can come to their golf course to work there. Working as a golf cart girl has totally changed my life.
Suddenly, in the midst of discussing what Cohen should wear to the next LoveShackFancy store opening, there was the sound of glass clanging. (Another person confirmed hearing this exchange, though the person close to the company said multiple Zoom attendees did not recall it.) The person close to the company said, "It is not uncommon for trips to have dual purposes — they always generate content." Another time, during a visit to the Palm Beach store, Cohen freaked out after seeing staffers in sweatshirts and sneakers. "As with most contemporary fashion brands, we currently do not operate in the plus-size business," the person close to LoveShackFancy said.
Netflix pitched the Tolkien estate on "Lord of the Rings" TV shows before Amazon landed the rights. It took a "Marvel approach" that "freaked out" the estate, according to The Hollywood Reporter. HBO also pitched the estate on a TV series, THR reported, on essentially remaking the film trilogy. One source told THR that Netflix took a "Marvel approach, and that completely freaked out the estate." THR also reported that Netflix bid $250 million for the rights, which has been widely reported to be the number Amazon paid for the series.
A text message sent to prospective donors on October 4, 2020, by Donald Trump's political fundraising operation. There's also no "membership bill" for donors to view, because Trump's committee doesn't send donors bills. Trump's political operation has also recently blasted MAGA Republicans with other bogus fundraising missives. Misleading political fundraising messages are hardly a new phenomenon. Fat from contributions raised through emails and text messages, Save America reported having nearly $92.8 million cash on hand as of August 31, according to Federal Election Commission records.
Hundreds of Twitter employees have fled since June, two people with knowledge of the matter said. Two months after Elon Musk declared his intent to acquire Twitter in a $44 billion deal, the billionaire spoke directly with Twitter employees. At that virtual meeting in June, Musk spoke to Twitter employees about topics ranging from aliens to layoffs being needed to ensure the health of the company. In the last week, Twitter has posted scores of open positions on LinkedIn, from brand strategists and engineering managers to privacy experts. "The general morale is so low," a worker who recently left Twitter previously told Insider.
Tom Bureau has been the CEO of the publisher Immediate Media for more than 10 years. He shares his five tips for hiring and retaining happy, motivated staff. Tom Bureau, who's been Immediate's CEO since the company was formed in November 2011, has a 99% approval rating based on 115 voluntary, anonymous employee reviews on the site. Bureau shared with his Insider his top five tips for keeping staff happy. He continued: "If you are going to work, it better work for you, and it better be fun.
Sarah had $86,000 in student loans by the time she graduated and qualifies for forgiveness. All the money I'd paid had gone toward the interest on the loans, and that really freaked me out. I ended up taking a second job as a contract worker to pay my loans. My brother is laser-focused on graduating and getting into his chosen field, so I think student debt is the last thing on his mind right now. Even if one day I paid off all my loans and 30 days later, all student loans were forgiven, I would still be happy.
CNN —When Ida Skibenes pulled up outside the Solstrand Hotel, her stomach was in knots, flipping between nerves and excitement. The historic Solstrand Hotel in Norway played an important role in Hanna and Ida's relationship. The next day, Ida and Hanna were preoccupied with a busy day of meetings and presentations. Hanna and Ida got engaged at the Solstrand hotel, and got married in Bergen in 2022. I’ve never been in such a close relationship before and it changed my life in many different ways.
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The difference: climate change, our dunderheaded anti-terraforming of Earth. Climate change has been going on for a century and a half. Then that derecho — souped up by an atmosphere pumped full of heat energy, thanks to climate change — swept across South Dakota. In the US, only young people and those who identify as Democrats think dealing with climate change should be a top priority, according to surveys from Pew Research. About half of Americans think humans are only partially responsible for climate change, or not responsible at all.
Here are the recommendations:1 times your income by age 302 times your income by age 353 times your income by age 404 times your income by age 455 times your income by age 506 times your income by age 557 times your income by age 608 times your income by age 659 times your income by age 70To calculate how much you should save for retirement by each age, we've looked at the nationwide median household income of $70,784, according to the US Census Bureau. Fidelity recommends you save the equivalent of two years' salary for retirement by age 35, and three years' salary by age 40. Fidelity recommends you save the equivalent of six years' income for retirement by age 55, and seven years' salary by age 60. Fidelity recommends you save the equivalent of eight years' income for retirement by age 65, and nine years' income by age 60. Some high-yield savings accounts, such as the Ally High Yield Savings Account, let you set up individual savings goals in your account.
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