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☆ Young, rich investors are making 2 key mistakes, says CFP and financial psychologist: They'll 'learn the hard way'
▼ + stars: | 2024-09-16 | by ( Ryan Ermey | ) www.cnbc.com time to read: +3 min

If you're looking to build wealth, traditional forms of investment aren't going to get you there — at least according to young, rich people. For younger wealthy investors, though, stocks come in behind seven other types of investments, including real estate, cryptocurrency, private equity and direct investment into companies. Klontz says that younger wealthy investors may be falling victim to some of the same cognitive biases that regular investors do — and it may be holding them back from maximizing their returns. Young people have ignored traditional advice 'for thousands of years'In general, it's not surprising that younger investors, regardless of wealth level, want to chart a different path than older generations. DON'T MISS: How to master your money and grow your wealth Older investors tend to favor the returns offered by stocks, because that is what has historically delivered returns.

Persons: Brad Klontz, Klontz, it's, Everything's, They're Organizations: of America Private Bank, Wealthy, Creighton University

☆ BlackRock's Rick Rieder says a golden age for fixed income begins this week with the Fed rate cut
▼ + stars: | 2024-09-16 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

With the Federal Reserve expected to begin its rate-cutting cycle this week, investors should take advantage of this "golden age of fixed income" now, according to BlackRock's Rick Rieder. "The world is changing," said Rieder, the asset manager's global chief investment officer of fixed income. In this environment, Rieder likes the belly of the curve and assets like securitized products , high yield and European credit. BINC currently has about 28% of its assets in non-U.S. credit and about 20% in U.S. high-yield bonds. Rieder is not concerned about the narrow spreads in high-yield credit.

Persons: BlackRock's Rick Rieder, —, Rieder, BINC, We've, CLOs Organizations: Federal Reserve, SEC, Fed, AAA, MBS, AAA CLOs Locations: BlackRock, Europe, U.S

We'll show you how to watch the Falcons vs. Eagles from anywhere, including free streaming options. How to watch Falcons vs. Eagles in the USThe Falcons vs. Eagles game will air on Monday at 8:15 p.m. If you don't have cable, you can live stream the game through a live TV package like Sling TV or Fubo. Sling TV is one of the cheaper live TV services out there. Users will just need to create a login, and then they're all set to start live streaming.

Persons: ExpressVPN Organizations: Business, Monday, Falcons, Eagles, Atlanta Falcons, Pittsburgh Steelers, Super Bowl, Philadelphia Eagles, Green Bay Packers, NFL, US, ESPN, ESPN2, ESPN3, ESPN Deportes, DAZN's Locations: Atlanta, Philly, British

☆ We debate selling more shares of Procter & Gamble, plus Wells Fargo bounces back
▼ + stars: | 2024-09-16 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Debating P & G: We remain torn over traditional slowdown stocks like Procter & Gamble and other defensive consumer stocks. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, we're, Morgan Stanley, Wells, Wells Fargo, It's, we've, Hock Tan, Rene Haas, Jim Cramer's, Jim, Charlie Scharf, Patrick T, Fallon Organizations: CNBC, Apple, Apple Intelligence, Micron, Currency, Procter, Gamble, Colgate, Palmolive, Broadcom, Arm, Jim Cramer's Charitable, Milken Institute Global Conference, Afp, Getty Locations: stock's, Wells Fargo, Beverly Hills , California

☆ Here are Monday's biggest analyst calls: Tesla, Nvidia, Apple, Oracle, Carvana, Micron, Sprouts, Zillow, Coca-Cola & more
▼ + stars: | 2024-09-16 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are the biggest calls on Wall Street on Monday: Evercore ISI reiterates Alphabet as outperform Evercore says it's sticking with shares of the search giant. Morgan Stanley reiterates Micron as equal weight Morgan Stanley lowered its price target on the stock to $100 per share from $140. Morgan Stanley reiterates Tesla overweight Morgan Stanley says it's sticking with its overweight rating heading into Tesla's robotaxi day on Oct. 10. Morgan Stanley upgrades Ase Technology to overweight from equal weight Morgan Stanley said in its upgrade of Ase that the chipmaker's stock is defensive. Morgan Stanley upgrades Chart Industries to overweight from equal weight Morgan Stanley says the gas liquefication company has "significant exposure to both energy transition and renewables as well as traditional energy."

Persons: Evercore, Morgan Stanley, Tesla, Simon, Eaton, Wells, Pro Max, Carvana Evercore, Jack Sinclair, Curtis Valentine, Merchant Scott Neal, BTIG, Truist, Melius Organizations: DOJ, Micron, Technology, Industries, Citi, downgrades Colgate, Palmolive, CL, Barclays, GE, GE Vernova, JPMorgan, Apple, Pro, Ally, Mizuho, Oracle, " Bank of America, Nvidia, Bank of America Locations: Tesla's, Staples

☆ The 5 rudest co-worker behaviors, according to a new survey by Monster
▼ + stars: | 2024-09-16 | by ( Morgan Smith | ) www.cnbc.com time to read: +2 min

Some faux pas might seem obvious, like always showing up late to job interviews or meetings with your boss. Smith recommends people follow the "golden rule" of generally getting back to people who reach out within 24 hours. The through line in these missteps, as Smith sees it, is selfishness, which is an unattractive trait in any workplace. Use code EARLYBIRD for an introductory discount of 30% off, now extended through September 30, 2024, for the back-to-school season. Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.

Persons: Brandon Smith, Smith Organizations: CNBC

☆ Bill Gates says this is how he’d start Microsoft again from scratch today: It's a 'fantastic opportunity'
▼ + stars: | 2024-09-16 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +3 min

If Bill Gates had to start all over again, he'd join the artificial intelligence arms race with an "AI-centric" startup, he says. "Today, somebody could raise billions of dollars for a new AI company [that's just] a few sketch ideas," the billionaire Microsoft co-founder tells CNBC Make It. Gates researched the AI industry for his upcoming Netflix docuseries "What's Next? But AI will be transformative enough as it grows for any new tech startup to consider how it can fit into that industry, Gates says. "I was lucky that my belief in software made me unique," says Gates, adding: "Just believing in AI, that's not very unique.

Persons: Bill Gates, he'd, Gates, Allen, that's Organizations: Microsoft, CNBC, Google, Nvidia, Netflix, CNN

☆ I moved from India to Europe for work and was living my dream. 10 years later, I walked away from it all.
▼ + stars: | 2024-09-16 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +5 min

Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. I spent the next three years with the company in India, then moved to the company's office in Dubai for two years, and then to Amsterdam. I enjoyed being done with work by 5 or 6 p.m. and having the rest of the day to myself. I'd been watching India's growth since I left and felt like I had missed the boom by leaving in 2014. I also felt like there was no career growth for me in Europe.

Persons: —, Sarvesh Rajagopal, it's, I'd, I'm Organizations: Service, United Arab, McKinsey, Business, ING, Indian Institute of Management Locations: United Arab Emirates, Netherlands, Germany, India, Dubai, Amsterdam, Berlin, Europe, Ukraine, Latin America

Whether your cable provider recently lost ABC or you're a cord-cutter looking for a way to live stream the network, we've got you covered. Where to watch the Emmys in the USThe 76th Emmy Awards will air on Sunday, September 15, at 8 p.m. You can live stream the network through a live TV package like Sling TV or Fubo. Sling TV Subscription For just the essentials without any extra fluff, Sling TV is the streaming service you're looking for. Check price at SlingFubo is another great live TV package with over 180 channels in its lineup, including broad ABC coverage.

Persons: we've, Dan Levy, Ted Lasso, it's, we'll, ExpressVPN Organizations: Business, Hollywood, Eugene, HBO, ABC, Sling Blue, FX, Bravo, Hulu

We'll show you everything you need to know about how to watch the Bengals vs. Chiefs, no matter where you are in the world. The Cincinnati Bengals head to Missouri to take on the Kansas City Chiefs, the reigning Super Bowl champions. How to watch Bengals vs. Chiefs in the USThe Bengals vs. Chiefs game will air on Sunday at 4:25 p.m. How to watch Bengals vs. Chiefs in the UK and other placesFor most non-US regions, DAZN will be the one-stop shop for all things NFL this season. Check price at DAZNHow to watch Bengals vs. Chiefs from anywhereTraveling away from home but still hoping to catch the game through your streaming subscriptions?

Persons: We've, ExpressVPN, we've Organizations: Business, NFL, AFC, Bengals, Chiefs, Cincinnati Bengals, Kansas City Chiefs, Super Bowl, New England Patriots, Baltimore Ravens, Kansas City, CBS, Paramount, Nickelodeon, Comedy Central, BET, MTV, Showtime Locations: Missouri, Kansas, United States, China

Where to watch Tulsa King in the USNew episodes of Tulsa King are available on Paramount+ in the US. It costs $12 a month or $120 a year Check price at ParamountWhere to watch Tulsa King in the UKNew episodes of Tulsa King will also stream on Paramount+ in the UK. Where to watch Tulsa King in AustraliaIt's a similar story in Australia, where Tulsa King will also stream on Paramount+. Where to watch Tulsa King in New ZealandTulsa King Season 2 should air on TVNZ+ in New Zealand. Tulsa King Season 2 trailerParamount+ released a trailer for the new season in mid-August, showcasing just what The General has been up to since the Season 1 finale.

Persons: Tulsa King, Sylvester Stallone, Dwight, Manfredi, Andrea Savage, Martin Star, Jay Will, Taylor Sheridan, you'll, ExpressVPN Organizations: Business, Tulsa, Tulsa King, Yellowstone, CBS, Paramount, Showtime, Paramount Plus, Nickelodeon, Comedy Central, BET, MTV, New Zealand Tulsa King, TVNZ Locations: Tulsa , Oklahoma, Kingstown, Yellowstone, Tulsa, Australia, New Zealand

☆ Google dodged a jury trial in its big adtech case with a $2,289,751 check
▼ + stars: | 2024-09-15 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +6 min

AdvertisementThe antitrust trial, which began on Monday and is expected to last another month, has been configured as a bench trial. The case is different from a different Google antitrust trial decided earlier this year, where a judge found the company illegally monopolized the search market. AdvertisementThe Justice Department brought five different counts against Google under the Sherman Act, the landmark 1890 law that allows for the Justice Department to break up monopolies. AdvertisementAccording to a couple of professors who the Justice Department hired to do the math, that all added up to $2,289,751. At the end of June 7 hearing, Brinkema applauded Google and the Justice Department for their clever legal arguments.

Persons: —, Department —, There's, Leonie Brinkema, Bill Clinton, Brinkema, Sherman, Gibson Dunn, Stephanie Scarbrough, Rebecca Allensworth, Allensworth, Department's, Wells Fargo, DOJ's, We're, Justice Department didn't Organizations: Service, Google, US Department of Justice, Department, Business, Justice Department, Justice, of, AP, Vanderbilt University, BI Locations: Virginia, United States, States, Eastern, of Virginia

☆ Typhoon Bebinca: Shanghai slammed by what China says is the city’s strongest storm in seven decades
▼ + stars: | 2024-09-15 | by ( Nectar Gan | ) edition.cnn.com time to read: +3 min

The Joint Typhoon Warning Center (JTWC) said it packed top wind speeds of 130 kilometers per hour (80 mph), the equivalent of a Category 1 Atlantic hurricane. The administration on Monday issued a red typhoon warning, its most severe alert, warning of gale force winds, heavy rainfall and coastal floods in large swathes of eastern China. The typhoon is expected to quickly weaken into a tropical storm as it moves inland toward the west. Bebinca is the second major storm to hit China this month, following deadly Super Typhoon Yagi, the world’s second most powerful tropical cyclone so far this year. Shanghai is generally not in the direct path of strong typhoons, which typically make landfall further south in China.

Persons: Hong Kong CNN —, Bebinca, Yagi Organizations: Hong Kong CNN, Hong Kong CNN — Shanghai, Typhoon Warning, China Meteorological Administration, Shanghai, Shanghai Disney Resort, Disney, CCTV Locations: Hong Kong, China, Shanghai, Zhoushan, Zhejiang, Jiangsu, Bebinca, Hainan, Southeast Asia

☆ Some baby boomers are burning through their retirement savings to pay for cancer treatments. Then they have to go back to work.
▼ + stars: | 2024-09-15 | by ( Juliana Kaplan | Noah Sheidlower | ) www.businessinsider.com time to read: +13 min

AdvertisementIt's a story all too familiar for some older Americans: An unexpected health crisis derails their retirement planning. With insufficient help from health insurance or Social Security, medical bills eat up any savings or income they have. Jones, who gets $2,200 a month in Social Security, has had to take on part-time work, which made her ineligible for some federal assistance. She paid for chemo out of pocket, spending her way through her retirement savings and maxing out her credit cards. Amend said it's crucial for older Americans to believe everything will be OK, noting "your mindset perpetuates what your outcome will be."

Persons: —, Kimberly Mullen, Mullen, She's, she'll, Nancy Altman, Saul Martinez, Karen Knudsen, they've, Uber, Wendy Jones, it's, she's, Jones, Teresa Ghilarducci, , Ghilarducci, Rebecca Buffum, Buffum, I'm, Andrew Whitaker, Marion, Robert Papalia, Papalia, Leonard Bianconi, Bianconi, Gallup, Monique Morrissey, haven't, Harris, Morrissey, Frank, Weeks, he's Organizations: Service, Business, Social Security, American Cancer Society, Social, Walmart, Medicare, New School for Social Research, Schwartz, for Economic, Kaiser Family Foundation, BI, Institute, Biden, American Heart Association Locations: Kentucky, North Carolina

☆ 25 cheap, quality stocks set for strong earnings growth in 2025: Goldman Sachs
▼ + stars: | 2024-09-15 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

Read previewMidsize stocks are an investment straight out of the "Goldilocks and the Three Bears story," and Goldman Sachs believes they're destined for a fairy-tale ending. Goldman Sachs suspects that a reversal is coming as mid-cap earnings top those of large caps. And while small caps should post even higher earnings growth next year, that cohort is filled with unprofitable companies, Ma noted. "Low-quality segments of the market, such as small caps, will likely remain pressured at these levels due to weak balance sheets and low profitability." Below are 25 mid-cap stocks in the S&P 400 that Goldman Sachs spotlighted due to their solid balance sheets, double-digit expected earnings growth for 2025, above-average sales growth, and cheap valuations based on their forward earnings multiple versus their five-year median.

Persons: —, Goldman Sachs, Jenny Ma, Ma, they've, Goldman Organizations: Service, Business, Federal Reserve

☆ How I'm approaching the stock market after its wild reversal to start September
▼ + stars: | 2024-09-15 | by ( Jim Cramer | ) www.cnbc.com time to read: +7 min

The week before, Broadcom had allegedly disappointed, causing Nvidia , the inevitable key to this market, to continue its descent. Which brings me back to the initial concept of the big declining week followed by the big advancing week. A good week for Kamala Harris turns out to be a big week for Nextracker — and that's really it for now. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

Persons: Larry Ellison, Ellison, Cerner, Ellison's, Eaton, Jensen, Bing, Microsoft's Bing, underinvesting, Huang, Blackwell, Dupont, Kamala Harris, Nextracker, Jim Cramer's, Jim Cramer, Jim, Justin Sullivan Organizations: Nasdaq, Federal, Broadcom, Nvidia, Oracle, Marvell, Meta, Microsoft, Google, mightily, Street, Fed, Dreamforce, downer, Adobe, JPMorgan, Healthcare, pharma, Jim Cramer's Charitable, CNBC Locations: Silicon Valley, San Francisco

☆ I'm a dietitian who follows the Mediterranean diet. Here are my 10 favorite snacks and pantry staples to get on Amazon.
▼ + stars: | 2024-09-15 | by ( Lauren Manaker | ) www.businessinsider.com time to read: +1 min

Beyond traditional grocery stores, I buy lots of my Mediterranean-diet staples on Amazon. 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 . AdvertisementI'm a dietitian who follows the Mediterranean diet, which means I eat a lot of veggies, beans, fish, and healthy oils. Most of my groceries come from either my local grocery store, Costco, or an occasional visit to a farmers market.

Persons: I've, — Organizations: Service, Costco, Business

☆ Elon Musk's Tesla and 18 other stocks can soar if Trump wins — but investors in these 19 companies should be cheering for Harris
▼ + stars: | 2024-09-15 | by ( James Faris | ) www.businessinsider.com time to read: +1 min

Here are 19 stocks that will do best if Republicans sweep, and 19 others to buy if Democrats win. Go to newsletter preferences Thanks for signing up! Either Donald Trump will take back the Oval Office, or Vice President Kamala Harris will get the promotion of a lifetime. Throughout 2024, Business Insider has rounded up ideas about the intersection of the election and markets from firms like Bernstein, Goldman Sachs, and Barclays, plus investing legends like Steve Eisman. This story is available exclusively to Business Insider subscribers.

Persons: Donald Trump, Kamala Harris, —, Bernstein, Goldman Sachs, Steve Eisman Organizations: Service, Republican, Democratic, Barclays, Business

☆ The 2 things that will determine whether last week's stock market rally will continue this week
▼ + stars: | 2024-09-15 | by ( Zev Fima | ) www.cnbc.com time to read: +11 min

The S & P 500 rebounded 4% this past week, almost clawing back all of the prior week's horrible decline. Fed watch The Fed is the big market event this week. ET: Fed rate decision Before the bell: General Mills (GIS) After the bell: Steelcase (SCS) Thursday, Sept. 19 8:30 a.m. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jim Cramer, Jensen Huang's, Goldman Sachs, Jim, Huang, Lisa Su, Su, Vimal Kapur, Morgan, Brian Niccol, Wells, Morgan Stanley, Jerome Powell, They're, Lennar, Doug Yearley, Mills, LEN, Jim Cramer's, Spencer Platt Organizations: Federal, Dow, Nasdaq, Nvidia, Club, Technology, CNBC, Oracle, Devices, TAM, Apple, Honeywell, Starbucks, Barclays Global Financial Services, Fed, FedEx, homebuilder, Home Depot, Darden, Jim Cramer's Charitable, New York Stock Exchange, Getty Locations: Las Vegas, U.S, America, Horton, New York City

☆ Oracle gave a glimpse of the power AI has on its business. Where investors should look next
▼ + stars: | 2024-09-15 | by ( Paulina Likos | ) www.cnbc.com time to read: +10 min

For the past three years, software stocks have suffered as revenue growth softened, and investors remain skeptical about when it will return. For Oracle, that's its cloud infrastructure — a service that has improved Oracle's fundamental growth story, Walravens argued. This strategic move positioned Oracle as a key player in AI, fueling growth in its infrastructure as a services (IaaS) business. Oracle Cloud Infrastructure is central to this growth, offering a suite of services for AI-driven workloads. SAP YTD mountain SAP stock performance year-to-date.

Persons: Raimo Lenschow, Pat Walravens, Walravens, Bernstein, Mark Moerdler, tailwinds, Goldman Sachs, Amy Hood, it's, Keith Bachman, Bachman Organizations: Oracle, Nvidia, Barclays, Investors, Software, Services, Microsoft, SAP, Citizens, CNBC, Google, Oracle Cloud Infrastructure, Microsoft Microsoft, AI Services, Wall, BMO

☆ I bought my dream home, but the difficult process and higher cost sometimes make me wish I'd stuck with renting
▼ + stars: | 2024-09-15 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +7 min

I always knew from the moment I graduated college that I was eventually going to buy something in the city. AdvertisementPlus, because I am in the design world, I felt like this is my time to buy a place and make it my own. I wanted to buy a place that I could live in for a good amount of years and put love into. I knew if I left the kitchen the way it was, I wouldn't be happy going into the kitchen every day. I probably would still continue to rent because renting is a whole lot cheaper than doing what I did.

Persons: —, Chelsey Brown, There's, It's, I'm, I've, it's Organizations: Service, Business Locations: New York City, New York

WASHINGTON — The Harris campaign is launching its largest effort yet to reach Latino voters, with new spending on Spanish-language radio and an organizing push around boxing matches and baseball games as National Hispanic Heritage Month kicks off this weekend. Vice President Kamala Harris will address the Congressional Hispanic Caucus Institute’s annual conference on Wednesday, according to a senior campaign official, and Minnesota Gov. Tim Walz is expected to pitch Latino voters in swing states in the coming weeks. The Harris campaign is also planning to host gatherings around Mexican Independence Day on Monday, including voter contact events at churches. The Harris campaign is especially focused on reaching undecided Latino voters who may be persuaded by some of Trump’s economic message.

Persons: WASHINGTON, Harris, Kamala Harris, Tim Walz, Adriano Espaillat, Sen, Ben Ray Lujan, Julie Chavez Rodriguez, Canelo Alvarez, Edgar Berlanga, Donald Trump, Luchadora, Walz ”, Chuy Garcia, Chavez Rodriguez, ” Chavez Rodriguez, Trump, Xavier Becerra, Miguel Cardona, Walz ” WhatsApp, Trump’s, Matt Baretto Organizations: Hispanic Heritage, Congressional Hispanic, Minnesota Gov, NBC News, Detroit Tigers Hispanic Heritage, Health, Human Services, Trump, BSP Research, Democratic Locations: Arizona , Nevada, Pennsylvania, Las Vegas, Mobile, California, Michigan, Arizona, UnidosUS

☆ Travel news: Hotels reveal their wildest room service orders
▼ + stars: | 2024-09-14 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +4 min

CNN —In travel news this week: odd room service requests, the cruise passengers stranded for months at their departure port, plus how a rogue bag of Cheetos caused havoc in a New Mexico cave. Unusual guest requestsFar be it from us to say folks are getting a little entitled, but a new report from Hotels.com has revealed the oddest room service requests made to its hotel partners around the world. There’s the separate requests that were fielded for burnt toast, fresh goat milk and 2 kilos of bananas. And finally there’s the demand for a high-five from a team member to ensure their room service request was read. The nine-month itinerary of Royal Caribbean’s Ultimate World Cruise was considerably less ambitious, but at least it successfully completed its journey this week.

Persons: Hotels.com, it’s, there’s, –, CNN Anne Marie Hagerty Organizations: CNN, Service, Atlanta, Delta Airbus Locations: New Mexico, York, Carlsbad, Hawaii, Oahu, Georgia, England, Argentina, British, Italy, “

☆ Voss Capital wants to maximize shareholder value at International Money Express. How it may play out
▼ + stars: | 2024-09-14 | by ( Kenneth Squire | ) www.cnbc.com time to read: +8 min

Business: International Money Express is an omnichannel money remittance services company. IMXI offers money transfer services digitally through a network of agent retailers in the United States, Canada, Spain, Italy and Germany. It offers money remittance services to Latin America and the Caribbean countries, mainly Mexico and Guatemala. International Money Express is a money remittance services provider which enables consumers to send money from the United States, Canada, Spain, Italy and Germany to Mexico, Guatemala and other countries in Latin America, Africa and Asia. If the IMXI does not execute on a strategic plan, Voss will likely consider director nominations.

Persons: IMXI, Voss, Madison, Benefytt, Russell, Michael Purcell, Ken Squire Organizations: Express, Caribbean, La Nacional, Capital Management, MoneyGram, Benefytt Technologies, Madison Dearborn Partners, 13D Locations: United States, Canada, Spain, Italy, Germany, Puerto Rico, America, Caribbean, Mexico, Guatemala, Latin America, Africa, Asia, Dominican Republic, United Kingdom, Voss, Madison Dearborn, Western Union, Benefytt

☆ Can you can leave your estate to your pet?
▼ + stars: | 2024-09-14 | by ( Alexandra Peers | ) edition.cnn.com time to read: +5 min

CNN —Some people really do leave money to their pets. Estate attorneys told CNN they’re seeing more incidences of people making financial plans for their pets after they die. Twenty-nine states have enacted pet trust laws since 2008, and now every state, plus Washington, DC, has some form of guidelines, according to the American Society for the Prevention of Cruelty to Animals. However, if a person names a guardian for their pet, they can leave money and property to that person. dpa/picture alliance/Eventpress/SipaFlorida attorney Peggy Hoyt, author of “All My Children Wear Fur Coats,” told CNN she urges her clients to leave comprehensive instructions for pet caretakers.

Persons: Karl Lagerfeld, Chanel, ”, “, can’t, Leona Helmsley, Helen Neafsey, —, Leona Helmsley’s, it’s, Majel Barrett, Roddenberry, Gene Roddenberry, Karl Lagefeld, Choupette, Lagerfeld, Peggy Hoyt, Leslie Ann Mandel, Arthur Herzog III, Danielle Mania, ’ Organizations: CNN, American Society for, Karl, Palazzo Italia, Hamptons, Associated Humane Societies Locations: Washington, Greenwich, Conn, New York, Asia, Shanghai, Berlin, Germany, Sipa Florida, New Jersey

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