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☆ 100-year-olds share the importance of friendship for a long, happy life: 'Without your friends, where are you?'
▼ + stars: | 2024-07-09 | by ( Renée Onque | ) www.cnbc.com time to read: +2 min

At 102, Deborah Szekely is just as lively as people decades younger, and her social life is booming. In fact, one of the most important things that Szekely credits for her long life is friendship. Szekely also encourages those who are looking to live a long life to "find friends who are active" and often gets her daily physical activity alongside her close friends. Then there's the kind of friends that count," Szekely tells CNBC Make It. "The people you're surrounded with, friends, relatives, family," Hodes added, have a major effect on you.

Persons: Deborah Szekely, Szekely, Madeline Paldo, Dunkin, Paldo, Jayne Burns, Joann Fabric, Burns, Zer, Gladys McGarey, McGarey, Shirley Hodes, Hodes Organizations: Puerta, CNBC, Crafts

☆ Opinion: Trump’s image is on the line
▼ + stars: | 2024-03-24 | by ( Richard Galant | ) edition.cnn.com time to read: +20 min

We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. … Deals are my art form.”Having a lot of money distinguished him from other presidential candidates, Trump contended. ‘I don’t need anybody’s money,’ Trump said in his June 2015 presidential campaign announcement.”“Now Trump needs money, a lot of it. In July 2006, she met Trump at a celebrity golf tournament and says that the two had sex that weekend. “Whatever the Fifth Circuit and Supreme Court decide next, the question for President Joe Biden is what to do now,” wrote Lawrence Downes.

Persons: Charles Dickens, “ David Copperfield, Micawber, ” Micawber, “, Dickens, Donald Trump, Letitia James, Trump, he’ll, ”, Tony Schwartz, I’ve, Frida Ghitis, ’ Trump, … Dana Summers, Joe Biden’s, Julian Zelizer, Biden’s, ” Bill Bramhall, Stormy Daniels, Peacock, Ana Marie Cox, Daniels, she’s, Peter Navarro, He’s, Mike Johnson, Kevin McCarthy, House Republicans —, Matt Gaetz ’, Marjorie Taylor Greene, Johnson, Clay Jones, Paul Sracic, Fareed Zakaria, Biden, Peter Bergen, Bashar al, Assad, ” Bergen, Vladimir Putin, Richard Aboulafia, ” David Horsey, Joann, Lynda Gorov, it’s, ” Kate Middleton’s, Princess, Wales, Sara Stewart, Kate, that’s, she’ll, Joe Biden, Lawrence Downes, “ Biden, Greg, Abbott, ’, ” Downes, Trump’s, Jared Kushner, Kushner, Donald Trump’s, Aseel Mousa, Drew Sheneman, Max Besbris, ” Besbris, Linda Thomas, Greenfield, Thomas, Eleanor Roosevelt, ‘, ” Don’t, Grace Elizabeth Hale, Elizabeth Yuko, Avi Weiss, Jennifer Jones, Jill Filipovic, Christine Blasey Ford Derrick Johnson, Peter Rutland, Holly Thomas, Lily Allen, Mary Ziegler, Lanhee Chen, Steve Garvey, Adam Schiff, Patricia Grisafi, Caitlin Clark Walt Handelsman, Caitlin Clark, Amy Bass, Kamilla Cardoso, UCLA’s Kiki Rice, ’ ” Clark, Bass, Pete ’ Maravich, Court, Serena Williams, Clark, Maravich …, — Organizations: CNN, New, Trump, Agency, Twitter, Save, Maga Inc, Biden, Content Agency Trump, House Republicans, Rep, Ohio GOP, Russia ISIS, ISIS, Boeing, Airbus, Crafts, Boys, BBC Studios, Circuit, Texas Gov, Abbott, of Justice, Texans, Harvard, National Association of Realtors, United Nations, “, University of Iowa, ESPN, Iowa Hawkeyes, NCAA Division Locations: Save America, New York, Baton Rouge , Louisiana, Ohio, Russia, Moscow, Iraq, Syria, Syrian, “, Iran, Afghanistan, ”, Ukrainian, Windsor, ” Texas, Texas, Gaza, Southern, Rafah, Egypt, Israel, Gaza City, Al, Grace Elizabeth Hale : Mississippi, ‘, California

☆ Opinion: Once folks like me ditched our sewing machines, Joann Fabrics never stood a chance
▼ + stars: | 2024-03-22 | by ( Opinion Lynda Gorov | ) edition.cnn.com time to read: +6 min

The lockdown saw sales of sewing machines soar and stock sell out. Most people (OK, most women) who attended public junior high schools in the 1960s, 1970s or even 1980s learned at least basic sewing skills and could advance them with elective classes in high school. After all, Joann, known as Jo-Ann Fabrics back when home sewing was more in style, is reorganizing its finances, not closing its 800-plus stores nationwide. Run in to get thread, run out with just the right shade of blue. They learn online, they shop for materials online, and they sell their homemade wares online.

Persons: Lynda Gorov, CNN —, Lynda, Joann, That’s, Jo, Ann, grandma, He’d, — Organizations: CNN, Crafts, Boys, Twitter, Facebook Locations: Los Angeles, Ukrainian, Chicago

☆ 'Retirement isn't that easy': 3 people on working into their 90s and 100s
▼ + stars: | 2023-11-25 | by ( Morgan Smith | ) www.cnbc.com time to read: +4 min

Jayne Burns, Bob Rohloff and Melba Mebane are part of a fast-growing share of the workforce: Americans working past 75. Many Americans are working into their 70s and 80s — or longer — because of longer life spans, changing attitudes about retirement and insufficient savings. Mebane began working as an "elevator girl" at the Mayer & Schmidt department store in 1949 when she was just 17 years old, through a work-study program at Tyler High School. During her tenure at Dillard's, Mebane had several opportunities to become a manager, but she always turned the offers down. Those friendships, Mebane says, made working at Dillard's "the best job I ever had."

Persons: Jayne Burns, Bob Rohloff, Melba Mebane, Elizabeth HusVar Jayne Burns, Joann, Burns, Dick, Donna Burns, Donna, Terry Mebane Melba Mebane, Mebane, William T, Dillard, Mark Karweick Organizations: Bureau of Labor Statistics, Labor Department, CNBC, Crafts, Mayer & Schmidt, Tyler High School, Dillard's Locations: U.S, Mason , Ohio, Dillard's, Tyler , Texas

☆ This 100-year-old woman still works 4 days a week—her best advice for a long, happy career
▼ + stars: | 2023-07-12 | by ( Morgan Smith | ) www.cnbc.com time to read: +1 min

But most mornings, she drives herself 20 minutes from her house in Cincinnati to Mason, Ohio to clock into her shift as a part-time fabric cutter at Joann Fabric and Crafts store. She's been working at the store for 26 years — and it's still one of her favorite ways to spend time. "I'll work for as long as I can or as long as they'll have me." Her daughter, Donna Burns, was working at the store part-time and recommended her for the role, thinking it might be a welcome distraction from the grief. Ultimately, there's no secret to living a longer, happier life, says Burns, but "working has helped."

Persons: Jayne Burns didn't, Joann, She's, it's, Burns, Dick, Donna Burns, there's Organizations: Crafts Locations: Cincinnati, Mason , Ohio

☆ This 100-year-old woman has been working at the same craft store for 26 years—why she's never retiring
▼ + stars: | 2023-06-29 | by ( Morgan Smith | ) www.cnbc.com time to read: +3 min

When Jayne Burns turned 100 last summer, she told her friends that she had one wish: "to keep working." Jayne Burns and some of her co-workers at her 100th birthday party last summerBurns — who turns 101 on July 26 — didn't plan on working past 100. Burns began working at the craft store in 1997, a few months after her husband, Dick, died. Ultimately, there's no secret to living a longer, happier life, says Burns, but "working has helped." DON'T MISS: Want to be smarter and more successful with your money, work & life?

Persons: She's, Joann, it's, Jayne Burns, Burns —, Burns, Dick, Donna Burns, Donna, there's, — here's, — Organizations: Crafts Locations: Mason , Ohio, Cincinnati

☆ A clothing designer was at the checkout line of a Joann fabric store when he learned his ex-girlfriend was wanted by the FBI. They called it quits after he learned she was reading 'Mein Kampf.'
▼ + stars: | 2023-05-07 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +3 min

—FBI Washington Field (@FBIWFO) April 27, 2023"I stopped dead in my tracks," the designer told NBC News. Months later, Vargas began to reveal her more far-right politics and her interest in Hitler's "Mein Kampf," the designer told the outlet. "I was just instantly turned off, like, 'Yo, I don't think this is going to work out,'" he told NBC News. The designer told the outlet his "heart hurts" for Vargas but also found humor in the situation. "It's just going to be one of those things for me," the designer told NBC News.

☆ Amazon, Target, and Walmart will be the biggest winners from Bed Bath & Beyond's demise
▼ + stars: | 2023-05-02 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +4 min

Bed Bath & Beyond has filed for bankruptcy and is conducting an "orderly wind down" of its stores. 1 in several of the categories that Bed Bath & Beyond is best known for: kitchen and bathroom supplies, decor, storage, and bedding. Consumers will have fewer options with the demise of Bed Bath & Beyond, said Peter Greene, Numerator's Insights Practice Director for General Merchandise, in a statement. "Bed Bath & Beyond was slow to embrace and adopt the e-commerce boom, which was pioneered, advanced, and utilized to great success by direct competitors like Target, Walmart, and Amazon," Bed Bath & Beyond CFO Holly Etlin wrote in bankruptcy filings. Bed Bath & Beyond's sales plummeted from $11.1 billion in 2019 to an estimated $5.4 billion in 2022.

☆ The American consumer has bad news for the economy
▼ + stars: | 2023-04-14 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

That’s why Wall Street is already fretting over Friday’s retail sales report, which is expected to show that the mighty American consumer is pulling back. Economists forecast that retail sales fell 0.4% in March from the month before. But Goldman Sachs and Bank of America analysts say core sales — that’s without autos, gasoline, and building materials — slowed by about 1%. A taxing problem: Still, the health of the American consumer is still relatively strong, the BofA analysts said. A one-bedroom apartment had a median rent of $4,150, up 9.6% from last year, while a two-bedroom apartment had a median rent of $5,680, up 18.3% from a year ago.

☆ Target, Macy's and Best Buy say consumers are strained
▼ + stars: | 2023-03-02 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +2 min

New York CNN —Big retailers say consumer demand is starting to buckle from the strain of inflation and customers are making changes in how they shop. Target (TGT), Best Buy (BBY), Macy’s (M) and other chains say shoppers have pulled back on discretionary goods like clothing, electronics and home improvement. The slowdown could mean consumers will see more discounts on shelves as stores look for ways to entice shoppers and work down their inventory. “The consumer electronics industry continues to feel the effects of the broader macro environment and its impact on consumers,” Best Buy finance chief Matt Bilunas said. Best Buy predicts its comparable sales will decline 3% to 6% this year.

☆ Premarket stocks: Big Retail's cautious forecasts are spooking Wall Street
▼ + stars: | 2023-02-22 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +8 min

New York CNN —Forecasts from Walmart and Home Depot made for a grim day of trading on Tuesday. The mega retailers’ predictions of a weakening economy and a dip in consumer spending this year sent markets tumbling as Wall Street seemed to realize that the Federal Reserve’s campaign to quell inflation could yet lead to recession. What’s happening: We’ve written about the remarkable strength of the US consumer quite a bit here at Before the Bell. Consumer spending accounts for about 70% of America’s gross domestic product, the broadest measure of the US economy, so it’s nearly impossible for the economy to enter a recession as long as consumer spending is growing. American shoppers have almost single-handedly kept the US economy afloat by continuing to shell out cash for purchases despite stubbornly high inflation.

☆ Walmart expects a slowdown this year
▼ + stars: | 2023-02-21 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +2 min

New York CNN —Walmart had a strong holiday shopping season, but the year ahead will be more challenging for America’s largest retailer. Walmart (WMT) forecast slower sales and profit growth, disappointing investors and sending its stock down during morning trading Tuesday. Government inflation data shows that grocery prices have increased 11.3% over the last year, and more shoppers are turning to discount chains like Walmart to save money. Sales were slower for traditional holiday products like toys, electronics and clothing, a sign that some consumers were cautious on discretionary spending. Holiday sales were sluggish for many retailers, and the industry is expected to have a weaker 2023.

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