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Even though her two sons have moved out, she struggles to secure enough to pay her bills and save for the future. She fears that even when she receives about $2,000 a month in Social Security payments in six years, it will not be nearly enough. Related stories"My career path has finally gotten to be decent pay, but it's not great, and I'm still single," Davenport said. Between child support and an increase in work income, her income ended up slightly above the housing assistance cutoff when her kids were growing up. AdvertisementPreparing for the futureDavenport plans to wait until she's 67 to claim her Social Security benefits, which she anticipates will be about $2,000.
Persons: Becky Davenport, , Davenport, I'm, it's, she's, hasn't, doesn't, spender, we've, She's, wouldn't Organizations: Service, Business, Social, Alaska Permanent Fund, Security Locations: Alaska, Chugiak, Anchorage, East Coast, New Jersey , Pennsylvania, Kentucky
A spectacular closing ceremony hands the Olympic Games over to Los Angeles. And a false JD Vance rumor sparks a misinformation row. A glorious farewell to Paris OlympicsGetty ImagesAu revoir to the Paris Games. Kamala Harris pledged to eliminate taxes on tipped wages for service workers, matching a proposal from former President Donald Trump. Politics in BriefTrump campaign: Former President Donald Trump’s campaign has said it was hacked by an Iranian group.
Persons: Vance, Katie Ledecky, Nick Mead, Tom Cruise, Ledecky, Simone Biles, Suni Lee, dazzled, ” Sha’Carri Richardson, Noah Lyles, Guy ” Stephen Nedoroscik, Yusuf Dikeç, Read, JD, Vic e, tol, stu, ord, ami, Flo, bui, Ken Bak, roa Organizations: Olympic Games, Paris, Paris Games, Stade de France, Team USA, U.S, acc, Uni, NBC Locations: Los Angeles, The U.S, American, U.S, Turkish
PARIS — Jordan Chiles is a rarity in Olympic history: an athlete forced to return their medal for reasons other than a doping violation. On Sunday, the International Olympic Committee said that the appeal shouldn’t have been allowed, meaning she will have to return her third-place prize. In 2017, the Russian Olympic Committee said that none of the 18 athletes stripped of their medals because of doping violations had returned the physical awards. After Chiles’ bronze bumped Romanian gymnast Ana Bărbosu off the podium, the country’s Prime Minister Marcel Ciolacu said he’d refuse to attend the closing ceremony in protest. “Given these circumstances, we are committed to pursuing an appeal to help Jordan Chiles receive the recognition she deserves,” the U.S. committee said.
Persons: PARIS — Jordan Chiles, Usain Bolt, , Nesta, “ I’m, , Alexander Zhukov, Karen Chen, Russia’s Kamila Valieva, Chiles, Ana Bărbosu, Marcel Ciolacu, he’d, Jack Eagan, Eagan, Frank Floyd, Ara, Ibragim Samadov, Abrahamian, Dong Fangxiao, Dong, Jordan, Jordan Chiles, Organizations: Team, International Olympic Committee, IOC, NBC News, Russian Olympic Committee, country’s, St, Louis Olympics, Amateur Athletic Union, Olympic, Beijing, Associated Press, “ Unified, Olympics, Sydney, U.S, Paralympic, International Gymnastics Federation Locations: American, Romanian, Ara Abrahamian’s, Swedish, Soviet Union, U.S
We've explained how current high-yield savings accounts beat inflation rates, and what Fed rate cuts mean for your savings. How does inflation affect savingsIn order to understand how high-yield savings accounts beat inflation, you first have to understand what inflation is. Dixon says that, while high-yield savings accounts are good for shorter-term savings such as emergency funds, investing can be a good longer-term strategy — as long as you understand the risk. If your savings aren't kept in a high-yield savings account, the interest you earn on your savings could be outpaced by the current inflation rate. Using a high-yield savings account can help you save your savings from inflation because current high-yield savings account rates are higher than current inflation rates.
Persons: , We've, Patrina Dixon, there's, Dorsainvil, Dixon, it's, aren't Organizations: Service, Business, Federal Reserve, Consumer, Dorsainvil, YGC, CME, Am Locations: CFEI, U.S
Ms. Harris dropped in on each one, in descending order of price and intimacy, as donors enjoyed peach mimosas and shrimp cocktails before her remarks in the grand ballroom. The Harris campaign is immediately being more intentional at courting this community, dispatching aides to meet with affinity groups representing venture capitalists and the cryptocurrency industry. And she has hired additional fund-raising aides with ties to the Bay Area who helped organize Sunday’s event. Ms. Harris also has connections that Mr. Biden simply does not. Josh Becker, who represents much of Silicon Valley in the California Senate and is close with many industry heavyweights, said he had hosted Ms. Harris in his home two decades ago.
Persons: Joe Biden, Kamala Harris, Biden, Harris’s, givers, Harris, , “ Harris Walz ”, Donald J, Trump, podcaster David Sacks, Sacks, Sheryl Sandberg, Laurene Powell Jobs, Steve Jobs, Josh Becker, Becker, ” Mr, Jason Henry, Nancy Pelosi, Jeffrey Katzenberg, Tom Steyer, Liz Simons, John Doerr, Reid Hoffman, Steve Westly, Getty, scions, Westly, Harris “, Eleni Kounalakis, , ” Lateefah Simon, “ Kamala Harris, Simon, “ She’s, Ms, Ron Conway, Steve Spinner, Barack Obama’s, Hopkins, Mr, Spinner Organizations: Sunday, Obama, Bay Area, Facebook, Apple, San, California Senate, The New York Times, Biden, Area, InterContinental Locations: San Francisco, Nob, Woodside, Menlo, California, Pacific Heights, Silicon Valley, Versailles, Bay
The connection between business credit cards and personal creditWhen you apply for a business credit card, the process largely looks the same as getting approved for a personal credit card. Failure to make payments, as well as other delinquent behavior on a business credit card, will impact your personal credit because of this personal guarantee clause. How business card usage affects personal creditBeyond the initial hard inquiry from an application, you may be curious to know whether using a business credit card will impacts your personal credit. The same rule applies to business credit cards — and the effects of business card defaults on personal credit scores can be detrimental. As with personal credit cards, applying for multiple business credit cards can impact your personal credit score.
Persons: isn't, That's, Experian, it's, that's, Stella Shon, Stella, LendingTree, you’d, Stella doesn’t, Experience Stella, Dolly, ExperienceExpertiseExperience Read Organizations: Ink, of America, Citi, Bank, Bank of America, Newsbreak, MSN, Yahoo, Aviation, Experience, University of North Locations: Wells, Wells Fargo, USA, Korea, Guatemala, Balearic, University of North Carolina, New York, North Carolina
Introduction to the Southwest Rapid Rewards® Plus Credit CardThe Southwest Rapid Rewards® Plus Credit Card is perfect for infrequent Southwest travelers who want some benefits with this airline without paying a high annual fee. Southwest Rapid Rewards® Plus Credit Card BenefitsThe Southwest Rapid Rewards® Plus Credit Card doesn't come with some of the other benefits offered by other Southwest cards, such as elite-qualifying points or travel credits. Southwest Rapid Rewards Plus Credit Card Annual Fee and Other CostsThe Southwest Rapid Rewards® Plus Credit Card, in addition to charging a $69 annual fee, also charges foreign transaction fees of 3% of the amount of each transaction in U.S. dollars. Southwest Rapid Rewards® Priority Credit Card vs. Southwest Rapid Rewards® Plus Credit CardThe Southwest Rapid Rewards® Priority Credit Card is Southwest's top-tier consumer credit card, and the one you should consider if you frequently fly Southwest. Southwest Rapid Rewards Plus Credit Card Frequently Asked QuestionsWhat are the main benefits of the Southwest Rapid Rewards® Plus Credit Card?
Persons: cardholders, HBO Max, they'll, you'll, Chase, Cardholders, You'll, Jasmin Baron, Read, Angela Fung Organizations: Business, Rewards, Card, Southwest, Rapid, Southwest ®, FDIC, Apple, Disney, ESPN, HBO, Hulu, Netflix, Pandora, Paramount, Showtime, Spotify, YouTube, Central America, U.S, Premier, Chase Southwest Rapid, Chase, Sapphire, Southwest Rapid, Southwest Airlines, Chase Bank, Finance Locations: Southwest, Hawaii, Caribbean, Mexico, Central America, U.S, Central, Southwest airfare, Chase, Canada
The second one — not as good," the seasoned real estate investor told Business Insider. Her second deal was a mountain cabin in a retirement community that she assumed would "appreciate like mad," she said. As of 2024, she said, she is a partner in $800 million of real estate, including over 6,500 residential units and 2,200 self-storage units across 11 states. Related storiesAdditionally, with a single-level property, you avoid potential structural headaches. "If it's going to be an investment property, I need to think about who's buying it next from me.
Persons: , Whitney Elkins, Hutten, Elkins, She's, that's Organizations: Service, Business Locations: Fort Collins, Hutten
The message to the airline industry: You've had a few too many screwups to be left to your own devices. Over the past couple of years, the Biden administration has introduced a slew of rules and services intended to make airline passengers' lives easier. The airline industry seems to be relatively on board with the refund idea. But there are plenty of other problems with the airline industry that need solving — some the government can take care of, and some the government is causing. Gallup polls suggest more Americans have a negative view of the airline industry than a positive one.
Persons: You've, Bob Mann, William McGee, Joe Biden's, Pete Buttigieg, Biden, pocketbooks, They've, Janet Bednarek, Buttigieg, , it's, It's, Bednarek, McGee, Mann, George Ferguson, wasn't, Emily Stewart Organizations: Boeing, Delta, Department of Transportation, Airlines, American Economic Liberties, Southwest, University of Dayton, Federal Aviation Administration, Airlines for America, Biden, Bloomberg Intelligence, FAA, Gallup, Business
Fresh anxiety might also spring from the fact that the yield curve is finally disinverting, which is a recessionary signal on its own. "In other words, the Credit Crisis Cycle may be on pause this time." AdvertisementStable credit conditions also contradict a typical reason for why the yield curve inverted in the first place. They are usually correct, Yardeni noted, but not this time around. AdvertisementBut when this happens, shorter-term Treasurys typically roll off quicker than longer ones, Yardeni noted.
Persons: , Ed Yardeni, Yardeni Organizations: Service, Business, Federal Reserve, Federal, Valley Bank, ICE
Mortgage rates are down today compared to where they've been in recent weeks, with 30-year mortgage rates hovering in the low 6% range, according to Zillow data. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates would impact your monthly payments. 15-Year Fixed Mortgage RatesLast week, average 15-year mortgage rates were 5.63%, a 36-basis-point decrease from the previous week, according to Freddie Mac data. Mortgage rates have been elevated for most of 2024, but they've been trending down in recent months. Once the Fed cuts rates, mortgage rates should fall even further.
Persons: they've, you'll, Freddie Mac, it's Organizations: July's, CPI, Federal Reserve, Zillow Locations: Chevron
In today's big story, we're looking at how the startup landscape is drastically changing thanks to the entrance of private-equity firms and the rise of acquihires . Private equity is filling the gap left by a frozen IPO market and corporates unwilling or unable to cut deals, writes Business Insider's Melia Russell. Perhaps most importantly, a PE deal means equity holders get cash immediately, unlike an IPO that has some holding periods. Acquihires where the brains behind buzzy AI startups sell themselves (instead of the entire company) to bigger players are in vogue, writes BI's Ben Bergman and Sri Muppidi. Depreciation costs to massive GPU chip investments pose a huge risk for AI companies .
Persons: , You've, Alyssa Powell, Insider's Melia Russell, shivers, Samantha Lee, BI's Ben Bergman, Sri, acquihires, they'll, VCs, it's, Taylor Swift, Tyler Le, Fisker, Zuck, Elon Musk's, Mark Zuckerberg, Jenny Chang, Rodriguez, Biden, Donald Trump, Elon Musk, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Amanda Yen Organizations: Service, Business, SV Getty, Tech, guardrails, Character.AI, Getty, UBS, Mega, Revenue Locations: Europe, New York, London
Following Monday's trade, Jim Cramer's Charitable Trust will own 750 shares of Amazon, increasing its weighting to roughly 3.9% from 3.54%. We've been eyeing this buy since Aug. 2 after the stock fell roughly 10% in reaction to a second - quarter earnings report . Let's not forget the 1,128 basis point margin growth at Amazon Web Services. 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's, We've, Donald Trump, Jim Cramer, Morgan Stanley, Jim Organizations: Amazon, Services, Amazon Web Services, CNBC Locations: North America
Cramer's Lighting Round: 'Steer clear' of Albemarle
  + stars: | 2024-08-12 | by ( Julie Coleman | ) www.cnbc.com   time to read: +1 min
Stock Chart Icon Stock chart icon Aflac's year-to-date stock performance. Stock Chart Icon Stock chart icon Elevance Health's year-to-date stock performance. Stock Chart Icon Stock chart icon Albemarle's year-to-date stock performnace. Stock Chart Icon Stock chart icon Snap's year-to-date stock performance. Stock Chart Icon Stock chart icon Alibaba's year-to-date stock performance.
Persons: Chubb, Elevance, I'm, it's, there's Organizations: Elevance, United Health Locations: Albemarle, China
Advertisement"I think career is defined as much by what you say no to as what you say yes to," Stevens tells Business Insider. He famously devastated "Downton Abbey" fans by requesting to leave the beloved period drama, which necessitated killing off his fan-favorite character Matthew Crawley. "There was a real openness to see actors try things that they've not necessarily been seen in before over here, and that was very, very appealing to me," Stevens says. AdvertisementOn the excitement and terror of leaving 'Downton Abbey'Dan Stevens was one-half of the most popular couple on "Downton Abbey." AdvertisementAnd one that I particularly enjoy is when people say how much they enjoyed "High Maintenance," which was a show that I really really loved being a part of.
Persons: Dan Stevens, It's, King, Abigail, Stevens, Charles Dickens, Matthew Crawley, Herr König, terrorizes, Hunter Schafer, he's, Cousin Matthew, Felix Dickinson, it's, Downton, Al Pacino, ITV It's, I've, you've, , Emma Watson, Emma, Harry Potter, that'll, You've, haven't, Robert Eggers, Lisa Frankenstein, Zelda Williams, We've, they've Organizations: Business, ITV, Marvel, HBO Locations: Queens, Downton, Russian
One paper published just this year sheds some light as to why tablet use could be related to anger outbursts. This is in the context of near-universal use of social media, with up to 95% of kids ages 13 to 17 reporting using social media. American teens report spending a shocking amount of time — nearly five hours each day—on YouTube, TikTok, Instagram and other social media apps. There are a number of problems with this level of social media use, one of which is what this time is replacing. Third, for those whose kids already have smartphones and use social media apps, speak with them about the impact of social media on them.
Persons: Leana Wen, Wen, It’s, I’ve, Vivek Murthy, Murthy, I’d Organizations: CNN, George Washington University, Getty, Pediatrics, YouTube Locations: Nova Scotia, Canada, South Africa
“She ‘A.I.’d’ it, and showed a massive ‘crowd’ of so-called followers, BUT THEY DIDN’T EXIST!” Mr. Trump wrote on his social networking site, Truth Social. extent of rally crowd Hangar Graphic by The New York Times; aerial image by NearMapCrowd size is often a point of comparison between candidates, but Mr. Trump has now given it more intense focus. Some attendees waited for Ms. Harris’s arrival on elevated platforms that gave them a higher vantage point, but a majority stood on the floor. Brittany Greeson for The New York Times8:05 PM Camera viewpoint Attendees crowded near the stage as Ms. Harris spoke. Before Ms. Harris’s rally, Mr. Trump had already been focused on comparing crowd sizes at her rallies with those at his own.
Persons: Kellen Browning, Donald J, Trump, Kamala Harris, Trump’s, Harris, Julia Nikhinson, Tim Walz, Brittany Greeson, Jeff Kowalsky, Harris’s, Chuck Callesto, Mr, Callesto, Laura Loomer, Joe Hoft Organizations: New York Times, Detroit Rally Former, The New York Times, Michigan, Air Force, Agence France, Getty, Detroit Metro Airport, Trump, Mr Locations: Detroit, ,
South Korea’s military says North Korea is again flying balloons likely carrying trash toward the South, adding to a bizarre psychological warfare campaign amid growing tensions between the war-divided rivals. South Korea’s Joint Chiefs of Staff said Saturday that the winds could carry the balloons to regions north of the South Korean capital, Seoul. North Korea last flew balloons toward the South on July 24, when trash carried by at least one of them fell on the South Korean presidential compound, raising worries about the vulnerability of key South Korean facilities. The balloon contained no dangerous material and no one was hurt, South Korea’s presidential security service said. Experts say North Korea hates such broadcasts because it fears it could demoralize front-line troops and residents.
Persons: Kim Jong, Kim Organizations: Korea’s, Chiefs, Staff, Seoul City Hall, South Korean Locations: North Korea, Seoul, Gyeonggi, Pyongyang, South Korea, Korea, Washington, United States, Japan, China, North Korean, Russia
How Close Are the Planet’s Climate Tipping Points? How close today’s ice is to suffering the same fate is something scientists are still trying to figure out. Sudden Shift in the West African Monsoon0 +3 +6 +9 +12 +16 +18˚F WE ARE HERE Degrees of warming 0 +3 +6 +9 +12 +16 +18˚F WE ARE HERE Degrees of warming 0 +3 +6 +9 +12 +16 +18˚F WE ARE HERE Degrees of warmingAround 15,000 years ago, the Sahara started turning green. When it might happen: Hard to predict. “With every gram of additional CO2 in the atmosphere, we are increasing the likelihood of tipping events,” he said.
Persons: , Tapio Schneider, “ It’s, David Holland, Niklas Boers, Organizations: California Institute of Technology, West Antarctic, New York University, Animals, Amazon, Technical University of Munich, Potsdam Institute, Climate Impact Locations: Western Canada, Alaska, Siberia, Greenland, Antarctica, Sahara, North Africa, East Africa, Africa, Caribbean, Europe
While there was some demand for protection against the prospect of volatility reemerging, overall sentiment across Wall Street had gotten more bullish. Until Wall Street can be sure that the consumer will hold on (or not), conviction is easily shaken. After years of weird times and outsize gains, Wall Street is dancing on a knife's edge. After years of weird times and outsize gains, Wall Street is dancing on a knife's edge. What happened on Monday was a sudden realization that the new structure may assert itself before Wall Street imagined it would.
Persons: , Jerome Powell, we've, they'd, corporates, Dow, Mandy Xu, Cboe's, Wall, Torsten Slok, Slok, Shake, Kevin Gordon, Charles Schwab, they've Organizations: Dow Jones, Bank of Japan, Big Tech, Federal Reserve, Nasdaq, Wall, Apollo Global Management, Corporations, Companies Locations: Asia, Japan, Mexico
For Love & Money is a column from Business Insider answering your relationship and money questions. This week, a reader's dad died and left all his money to one sibling. Dear For Love & Money,My dad died almost two years ago and left my younger brother and me here. I know my dad caused this situation, but my brother doesn't have to handle it like that. Maybe your dad felt bad for your brother because he always secretly felt you had more promise.
Persons: , doesn't, I've, didn't, I'm, it's Organizations: Business, Service
AdvertisementHatfield ranked his top five favorite and least favorite states and national parks. They also have a cruise scheduled to American Samoa, home of the National Park of American Samoa, their last national park. Favorite and least favorite statesHatfield acknowledged his favorite states were also the ones with the most diverse national parks. Favorite and least favorite national parksHatfield said he enjoyed every national park, though some have more to offer than others. One of his earliest and most memorable national parks was Yosemite, which he visited 15 years ago.
Persons: , Tom Hatfield, Hatfield, Lake Charles, — Gates, Louisiana didn't, Bryce, El Capitan Organizations: Service, Business, Hatfield, Louisiana State University, Redwood, of, Salt Lake City . California, Alaska, El, Indiana Dunes Locations: Louisiana, New Orleans, Lake, North Dakota, New Hampshire, Canada, Bavarian, Dubai, Antarctica, Ireland, Basel, Amsterdam, Egypt, Alaska, California, Isle Royale, Michigan, Kobuk, Nevada, American Samoa, of American Samoa, . Utah, Salt, Salt Lake City ., Colorado, Montana, Yellowstone, Mississippi, Las Vegas, Nebraska, Indiana, Hatfield, Zion, Utah, Yosemite, North, Pacific Northwest, South Carolina, Springs, Arkansas, Guadalupe, Texas
Mortgage rates dropped last week in response to July's weaker-than-expected labor market data, though they're up slightly today. As mortgage rates go down, more homeowners will have an opportunity to refinance and save money on their monthly mortgage payments. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates will affect your monthly and long-term payments. 15-Year Fixed Mortgage RatesAverage 15-year mortgage rates were 5.99% this week, according to Freddie Mac data, which is an eight-basis-point decrease from the previous week. Now that the Fed has paused hiking rates, mortgage rates have come down a bit.
Persons: it's, Freddie Mac Organizations: Zillow, Federal Reserve, Fed Locations: Chevron
Vice President Kamala Harris, whose political career was born in San Francisco two decades ago, on Sunday returned to the city for the first time since clinching the Democratic presidential nomination, hoping to reset relations with a tech community that has soured some on President Biden. Ms. Harris’s late-morning event raised $13 million from the region’s white-collar establishment that counts her as their own. But her trip was as much a rally as a fund-raiser, with about 700 people piling into the Grand Ballroom of the Fairmont Hotel atop Nob Hill. (Some donors with a connection or two found a way, as they do, to skip the line.) Ms. Harris dropped in on each one, in descending order of price and intimacy, as donors enjoyed peach mimosas and shrimp cocktails before her remarks in the grand ballroom.
Persons: Joe Biden, Kamala Harris, Biden, Harris’s, givers, Harris Organizations: Sunday Locations: San Francisco, Nob, Woodside, Menlo
The last two races of the Paris Games were a gold rush for the U.S., with both the women and men dominating the 4x400-meter relays Saturday. A three-time gold medalist after wins in the 200-meter and 4x100-meter relay, Thomas helped widen the gap in the third lap that McLaughlin-Levrone created in the second. In the last lap, it came down to a race between two gold medalists: Benjamin and Botswana’s Letsile Tebogo. With the victory, 16-year-old Quincy Wilson — who ran earlier in the week for the U.S. but not in the final — is now the youngest Olympic track-and-field gold medalist ever. He is also the youngest male U.S. Olympic gold medalist in any sport since 1952.
Persons: Sydney McLaughlin, Levrone, Gabby Thomas, Alexis Holmes —, McLaughlin, Thomas, Holmes, Rai Benjamin, Christopher Bailey, Bryce Deadmon, Vernon Norwood, Benjamin, Botswana’s, Tebogo, Quincy Wilson —, Wilson Organizations: Paris Games, Jamaica, Great Britain, American, U.S Locations: Shamier, Netherlands, Great, Tebogo
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