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☆ Want a 4-day work week? Move to Maryland, where the government is pushing for it.
▼ + stars: | 2023-02-01 | by ( Aaron Mok | ) www.businessinsider.com time to read: +5 min

Maryland lawmakers introduced a bill that would incentivize employers to adopt a four-day work week. Employers and employees are beginning to see the benefits of a shorter work weekAmerican workers are expressing interest in a shorter work week. Companies outside of the UK that have experimented with a shorter work week also said that they have seen their profits and productivity jump as a result. California and national law makers have introduced similar bills to shorten the work week, though they have stalled and failed, respectively. "I think the question is not if, but when America is going to move to a shorter work week."

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☆ Top Wall Street analysts pick these stocks to climb 2023’s wall of worry
▼ + stars: | 2023-01-22 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +7 min

To help with the process, here are five stocks chosen by Wall Street's top analysts, according to TipRanks, a platform that ranks analysts based on their past performances. Nonetheless, Monness Crespi Hardt analyst Brian White expects the results to be in line with, or marginally above, Street expectations. Looking ahead, White sees pent-up demand for iPhones come into play in the forthcoming quarters, once Apple overcomes the production snags. (See Spotify Stock Chart on TipRanks) White is particularly upbeat about the waning mobile app store monopolies, after the European Union passed the Digital Markets Act last year. The analyst is also placed 431st among more than 8,000 analysts on TipRanks.

☆ Morgan Stanley downgrades Chipotle, slashes price target on worries about foot traffic
▼ + stars: | 2023-01-17 | by ( Carmen Reinicke | ) www.cnbc.com time to read: +3 min

Morgan Stanley has grown more cautious on fast-casual name Chipotle after its data showed waning foot traffic. The firm downgraded shares from overweight to equal weight and cut its price target to $1,664 from $1,847 in a Tuesday note. Traffic slump In the future, Morgan Stanley will look to be more constructive on the name but sees it as more balanced today. "We think CMG remains well-positioned, but it doesn't necessarily have an edge on value." Pricing promos Chipotle may have some room to use promotional pricing in 2023 given their solid margins, but Morgan Stanley isn't sure they should take the opportunity.

☆ Goldman Sachs lays out its strategy for profiting with stocks, bonds, and options in 2023 despite a rocky year — and why investors shouldn't make any big strategy changes
▼ + stars: | 2023-01-16 | by ( Marley Jay | ) www.businessinsider.com time to read: +5 min

Goldman Sachs says 2023 should be a decent year for stocks even if there's a recession. The firm's investment strategy group discussed its multi-asset views this week. The simultaneous nosedive in stocks and bonds last year doesn't debunk the theory behind the traditional 60-40 portfolio, according to Goldman Sachs. But Sharmin Mossavar-Rahmani, the head of the Investment Strategy Group (ISG) at Goldman Sachs, says that it's not that unusual for stocks and bonds to move in the same direction. In fact, he noted that if a recession begins and ends in 2023, stocks may not have a bad year.

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☆ Ritholtz's Josh Brown makes his case for Shake Shack: I'm also a client
▼ + stars: | 2023-01-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRitholtz's Josh Brown makes his case for Shake Shack: I'm also a clientJosh Brown joins the investment committee on the 'Halftime Report' to share his views on Shake Shack's performance during the pandemic, the technological enhancements empowering Shake Shack's business plan and long-term forecasts for the burger seller.

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☆ This restaurant started as a Mexican beach-side taco stand in a $3,000 VW bus—soon, it could come to a block near you
▼ + stars: | 2023-01-09 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +4 min

Today, it's a fast-casual Mexican restaurant chain with 15 locations across New York, Miami and Washington, D.C. That's a far cry from Tacombi's beach days, which started when Wolos bought his 1963 green VW "bus" in Mexico City for $3,000. Wolos converted the van into a mobile restaurant where he sold his first tacos, he told Total Food Service in November. He wrote a business plan for a restaurant chain concept called "Taco Rex" where he'd sell Mexican food that was, to him, actually Mexican. "I saw that Taco Bell, Chipotle and Old El Paso and all these legacy brands of Mexican food weren't connecting people to this side of Mexico."

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Of course, there isn't one best credit card to use in New York City. Show more Regular Annual Percentage Rate (APR) 20.74% - 27.74% Variable Editor's Rating 4.65 /5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star 4.65 out of 5 Stars Our editor's ratings analyze fees, bonuses, rewards, and benefits to highlight the simplest and most valuable credit cards available. Details Rewards Earn 2x Miles on dining at restaurants worldwide, and for takeout and delivery in the U.S. It earns 2x Chase Ultimate Rewards points on travel (outside of purchases made through Chase Ultimate Rewards) and 3x points on dining. It's the best card to use for dining out, takeout, and food delivery in New York City because you'll earn 4 American Express Membership Rewards points per dollar spent.

Note that credit card lenders may use many different variations of credit score models when considering your application. Read our review Read Our Review A looong arrow, pointing rightThe best credit cards for adding authorized users reviewsBest overall: Capital One Venture X Rewards Credit CardCost to add an authorized user: $0 for up to four authorized users. Authorized users aren't the main account holder; instead, they're using a credit card that's tied to the main account. Credit history isn't a factor in adding an authorized userFor people who are building or rebuilding credit, getting approved for a premium credit card usually isn't a possibility in the short term. Some banks will even allow you to add an authorized user under 18 to your account — read our guide to adding children as credit card authorized users for all the details.

☆ More New Year’s Resolutions You Can Actually Keep
▼ + stars: | 2022-12-31 | by ( Jason Gay | ) www.wsj.com time to read: 1 min

Some of us are drawn to ambitious New Year’s resolutions. Pogo stick from Maine to San Diego; finish an 80,000-piece puzzle of chameleons playing poker; unmask a trove of secret government records showing Elvis is alive and running a combination Jet Ski/poke bowl shack in Islamorada. If you read my New Year’s column last year, you know I prefer a modest resolution, with a lower barrier to entry. Here’s a fresh list of humble resolutions for 2023:

☆ Patagonia's founder, who gave his company to a non-profit, loves saving money. From eating cat food to living in beach shacks, here are some of the wackiest examples.
▼ + stars: | 2022-12-26 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

Patagonia founder Yvon Chouinard has had a frugal lifestyle since his early days as a climber and surfer. This includes eating cat food and taking soda bottles from trash cans to redeem for money. Even now, Chouinard still wears old clothes and drives a rundown Subaru, The NY Times reported. Before founding Patagonia, Chouinard made a living selling climbing equipment from the back of his car. In 1966, Chouinard set up a base for his equipment business, Chouinard Equipment, in a rented tin boiler room of an abandoned packing company slaughterhouse in California.

☆ Jim Cramer's top 10 things to watch in the market Wednesday: Santa coming? Nike pops.
▼ + stars: | 2022-12-21 | by ( Jim Cramer | ) www.cnbc.com time to read: +4 min

Multiple price target increases on Wall Street. JPMorgan acknowledges "relief rally" but cuts its price target. Deutsche Bank lowers price target on Tesla (TSLA) to $270 per share from $355; keeps buy rating. Gordon Haskett downgrades Target (TGT) to hold from buy, with a $132-per-share price target; cites "meaningfully eroded traffic." As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Here are Wednesday's biggest analyst calls: Apple, McDonald's, Alphabet, Amazon, Tesla, Meta & more
▼ + stars: | 2022-12-21 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Here are Wednesday's biggest calls on Wall Street: Citi reiterates Apple as buy Citi said it sees several reasons that Apple stock is likely trade higher. Jefferies names McDonald's a top 2023 pick Jefferies said the fast food giant is a top defensive idea for 2023. Jefferies downgrades Starbucks to hold from buy Jefferies said it sees a more "balanced" risk/reward outlook for the stock. Evercore ISI reiterates Alphabet as outperform Evercore lowered its estimates on the stock but said it's still "highly attractive" for long-term investors. UBS reiterates Nike as buy UBS said Nike's earnings growth potential is "underestimated" after the company's earnings report on Tuesday.

☆ An FTX exec bought $6 million of real estate and restaurants in a small Massachusetts town. The crypto giant's collapse has local officials worried about its future.
▼ + stars: | 2022-12-20 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Ryan Salame, a co-CEO at FTX, bought $6 million of restaurants and real estate in Lenox, Massachusetts. A local newspaper reported last year that Salame owned almost half the town's restaurants. As first reported by local news outlet The Berkshire Eagle, Ryan Salame, who was co-CEO at FTX Digital Markets, invested $6 million in restaurants and real estate in Lenox. Bankman-Fried has been accused of funneling customer funds into his trading firm, Alameda, and using some customer money to buy luxury real estate and fund political donations. The Wall Street Journal also reported that Salame vomited upon hearing about FTX's impending collapse.

"Saturday Night Live's" final show of 2022 doubled as a send-off for Cecily Strong, who exited amid her 11th season and as one of the longest-tenured female cast members. Amid speculation she would depart before the 48th season started in fall, Strong stayed on. Her original characters on the show included Cathy Anne, "Weekend Update" anchor Michael Che's chain-smoking neighbor, which she reprised Saturday in a goodbye sketch. "Actually, I’m a little emo here tonight because truth is I’m here to say goodbye," Cathy Anne said. Cecily Strong as Cathy Anne on "Saturday Night Live."

In this guide, we'll give you a crash course on how to quickly earn credit card rewards and book free travel. If everyone in the world expertly utilized credit card rewards to travel for free, there wouldn't be such amazing travel opportunities out there. Identify your travel goalsBefore you begin collecting credit card rewards, you should first identify your travel goals. Recommended credit card strategies for beginnersThe best practice for anyone new to credit card rewards is to invest in flexible points. You'll need: An annual fee-incurring Hilton credit card One of the greatest deals in credit card rewards is the free night certificate that comes with select American Express Hilton credit cards.

☆ Meet a former potato factory worker who builds some of the world's craziest Airbnbs — from a jungle treehouse in Hawaii to a hobbit hole in Washington
▼ + stars: | 2022-12-11 | by ( Hannah Towey | ) www.businessinsider.com time to read: +2 min

Kristie Wolfe worked $13/hour factory jobs in Idaho for years while living in a "shed on wheels." She used her savings to buy land in Hawaii off Craigslist for $8,000 and built a jungle treehouse. Since then, Wolfe has built four unique Airbnbs across the country — see photos of them all here. In an interview with Insider, Wolfe described her journey from making $13 an hour as a factory worker to becoming one of the most popular hosts on the Airbnb app. Despite the 14-hour shifts and low wages, Wolfe speaks fondly of her time working at the potato factory in Boise, Idaho.

☆ Florida legislator who sponsored ‘Don’t Say Gay’ law resigns amid Covid-relief fraud charges
▼ + stars: | 2022-12-09 | by ( Zoë Richards | Zoë Richards Is The Evening Politics Reporter For Nbc News. | ) www.nbcnews.com time to read: +2 min

The Florida state representative who sponsored legislation opponents dubbed the “Don’t Say Gay” bill resigned Thursday, a day after he was accused of fraudulently obtaining tens of thousands of dollars from a federal Covid-relief program. State Rep. Joseph Harding, a Republican, said his resignation would be "effective immediately." He has been indicted on a slew of charges, including wire fraud, money laundering, making false statements and other crimes. He sponsored a bill this year prohibiting “classroom discussion about sexual orientation or gender identity” in the state’s primary schools. The bill, which was criticized as an attack on Florida’s LGBTQ community, was signed into law in March by Republican Gov.

☆ Legislator behind Florida's 'Don't Say Gay' law is accused of Covid-relief fraud
▼ + stars: | 2022-12-07 | by ( Tim Stelloh | Tim Stelloh Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +2 min

The Florida legislator who sponsored legislation critics dubbed the “Don’t Say Gay" bill was accused of illegally obtaining tens of thousands of dollars in Covid-relief funds, authorities said Wednesday. Joseph Harding, 35, was indicted on six counts of wire fraud, money laundering, making false statements and other crimes, the U.S. attorney’s office for Northern Florida said in a release. Harding sought more than $150,000 in loans and received roughly $45,000 in January and February 2021, according to the indictment. "This bill goes way beyond the text on its page," former Rep. Carlos Guillermo Smith, a Democrat who is gay, said in February. He could face 20 years in prison for the fraud charges, 10 years for money laundering and five years for making false statement, the release says.

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LONDON/LOS ANGELES, Nov 30 (Reuters) - Christine McVie, whose songwriting and signature vocals helped make British-American group Fleetwood Mac one of the best-selling rock bands of all time, died on Wednesday. RIP Christine McVie," the family said in the statement. Fleetwood Mac, in a separate statement, said that there were "no words" to describe the band's sadness at McVie's passing. Members of Fleetwood Mac including Stevie Nicks and Mick Fleetwood posted the statement on social media. McVie left Fleetwood Mac in 1998 and largely stayed out of the public eye despite releasing a solo album in 2004.

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