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☆ Social Security benefits may be cut by at least 20% in the next decade. Here's how Congress may fix that
▼ + stars: | 2023-09-22 | by ( Lorie Konish | ) www.cnbc.com time to read: +4 min

Republican Sen. Bill Cassidy of Louisiana speaks to the press on Capitol Hill on Feb. 10, 2021. Meanwhile, Larson has put forward a bill, Social Security 2100, in four sessions of Congress to make benefits more generous. Cassidy wants to create a new Social Security fund by raising $1.5 trillion that would be invested in the stock market. Any changes to Social Security would require 60 votes in the Senate, and therefore would have to have agreement on from both parties. Rep. John Larson, D-Conn., speaks during an event to introduce legislation called the Social Security 2100 Act.

Persons: Republican Sen, Bill Cassidy of, John Larson, Connecticut —, Biden, Cassidy, Bill Cassidy, Nicholas Kamm, Florida Republican Sen, Rick Scott, Larson, Conn, Mark Wilson Organizations: Istock, Getty, Social Security, Republican, Democratic Rep, Capitol, AFP, Florida Republican, Social, House Democrats, Security, Senate Locations: Bill Cassidy of Louisiana, Louisiana, Florida, Jan

☆ Utah is the happiest state in America—California and Florida didn't make the top 3
▼ + stars: | 2023-09-20 | by ( Celia Fernandez | ) www.cnbc.com time to read: +2 min

1 happiest state in the U.S. with an overall score of 69.79 out of 100. Utah ranked as the happiest state in the U.S., according to the 2023 WalletHub. Top 10 happiest states in AmericaUtah Hawaii Maryland Minnesota New Jersey Connecticut California Florida Idaho Nebraska Hawaii is the No. 2 happiest state in the U.S. and ranked the highest for emotional and physical well-being. Maryland ranked as the third happiest state, according to the WalletHub report.

Persons: WalletHub, Artic Organizations: America Utah, Istock, Adobe, Swiet, Atlas, Atlas . Maryland, Maryland, Getty Locations: U.S, Finland, America, Utah, Florida, America Utah Hawaii Maryland Minnesota New Jersey Connecticut California Florida Idaho Nebraska Hawaii, Hawaii, Honolulu, Atlas .

☆ Insider Today: Tech's biggest lie
▼ + stars: | 2023-09-18 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +9 min

In recent years, some members of Congress have lacked a basic understanding of technology, let alone something as complex as generative AI. Marc Benioff spent much of the annual Dreamforce conference sounding the alarms on how untrustworthy generative AI is right now. Marc Benioff spent much of the annual Dreamforce conference sounding the alarms on how untrustworthy generative AI is right now. It's International Equal Pay Day. The UN General Assembly created this day in 2019 with "equal pay for work of equal value" in mind.

Persons: Mark Sumersett, isn't, Simon Simard, Daron Acemoglu, Insider's Aki Ito, Acemoglu, hasn't, Aki, It's, Nat Friedman, Rebecca Zisser, Peter Brown, Marc Benioff, Salesforce, Greg Johnson, Gary Reyes, Janette Beckman, Getty, Johnny Nunez, Lynn Goldsmith, Dakarai Akil, Tupac, Akon, Sean Kingston, Gucci Mane, There's, Carly Pearce, Valter Longo, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, MIT, Renaissance Technologies, Bloomberg Beta, McAfee, Oakland Tribune Staff, Interscope Records, Academy of Country, FOX, UN, Assembly, Getty Locations: Wall, Silicon, New York City, San Diego, London, New York

☆ Withheld transcripts, kicked off campus: College payment plans pose risks, consumer watchdog warns
▼ + stars: | 2023-09-15 | by ( Annie Nova | ) www.cnbc.com time to read: +3 min

However, a new report by the Consumer Financial Protection Bureau warns of a number of risks associated with these payment plans, including snowballing charges and aggressive collection practices. Nearly 4 million students use payment plansNearly all colleges offer some sort of tuition payment plan, the CFPB found. Under the plans, tuition and other education expenses are typically spread out into several payments over a semester or academic year. Most college payment plans are interest-free, but there can be enrollment fees and other charges involved, the CFPB found. "If the family misses a payment, some tuition payment plans may be converted into private student loans with unfavorable terms," he said.

Persons: Rohit Chopra, they're, Elaine Rubin, Rubin, Mark Kantrowitz, delinquencies Organizations: Istock, Consumer Financial, Finance, Money, Homeowners Locations: Edvisors

☆ Cairo: The capital of capitals evolving in the shadow of ancient mysteries
▼ + stars: | 2023-09-13 | by ( Richard Quest | Joe Minihane | ) edition.cnn.com time to read: +9 min

CNN —There are cities, there are capitals and then there is Cairo. Chaotic, enchanting and magnificent, the Egyptian capital is awe inspiring and home to a raw energy that’s all its own. A world-class museumThe Grand Egyptian Museum has been decades in the making. Fadel Dawod/Getty ImagesAway from the bustle of central Cairo is something equally, quintessentially Egyptian. Close to Aswan, around 140 miles south of Luxor, lies Philae, an ancient temple with an equally amazing modern history.

Persons: Khan el, Sui Xiankai, Karim El Hayawan, “, ”, El Hayawan, ” El, –, Fadel Dawod, Tayeb Abbas, King Ramses II, Abbas, you’ve, Luke Mackenzie, Tutankhamun, Dr, Betsy Hiel, she’s, Egypt’s, Hiel, Aznar, iStock, “ Philae, Monica Hanna, Hanna, Peter Adams, Isis, Philae Organizations: CNN, Getty, Egyptian, GEM, Kings, UNESCO Locations: Cairo, Xinhua, Luxor, Giza, Salvador, Aswan, Philae, Egypt

☆ 47% of Americans say achieving retirement security will take a miracle. Why inflation is to blame
▼ + stars: | 2023-09-13 | by ( Lorie Konish | ) www.cnbc.com time to read: +3 min

DusanManic | iStock | Getty ImagesAlmost half of Americans, 47%, say achieving retirement security will take a miracle, according to a new survey from Natixis Investment Managers. The results come as research from the firm shows the U.S. has improved its overall score for retirement security compared to last year, with 71% versus 69% in 2022. The five top countries for retirement security include Norway at No.1, followed by Switzerland, Iceland, Ireland and Luxembourg. Most survey respondents, 84%, say recent economic activity shows inflation is a big threat to their retirement security. Moreover, 58% of retirement savers and retirees say their biggest worry is outliving their money, Cerulli Associates recently found.

Persons: Dave Goodsell, Goodsell, it's, Cerulli, Mary Johnson, Johnson Organizations: iStock, Natixis Investment, Natixis Center, Investor Insight, Northwestern Mutual, Social Security, Senior Citizens League, Getty Locations: U.S, Norway, Switzerland, Iceland, Ireland, Luxembourg

☆ What travelers to Morocco need to know following the recent earthquake
▼ + stars: | 2023-09-11 | by ( Julia Buckley | ) edition.cnn.com time to read: +14 min

CNN —Thousands of people are known to have killed in the Morocco earthquake, with the death toll expected to rise as rescuers continue to search for survivors. Zdenek Kajzr/iStock Editorial/Getty ImagesHow about the High Atlas Mountains? “Many hotels in the High Atlas Mountains have had considerable structural damage with some of them closing,” he says. “I would say that the only part to avoid is the High Atlas mountains, to help the authorities with the rescue process. Santiago Urquijo/Moment RF/Getty ImagesIs there an an alternative to the High Atlas mountains?

Persons: King Mohammed VI, that’s, Al Haouz, “, ”, Zina Bencheikh, CNN’s Ivana Kottosová, storeowners, Kottosová –, Bilal El Hammoumy, Vanessa Branson, El Fenn, Musee Des Confluences, Zdenek Kajzr, Kottosová, ” Kasbah, Richard Branson, El Hammoumy, –, Fez –, Abdelilah El Khadir, Francesco Riccardo Iacomino, Anabel Dean, she’d, Dean, Stallholders, Bencheikh, Ait, they’ve, I’d, ” El Hammoumy, ” Dean, ” Azrou, Santiago Urquijo, Ameziane, Meryem Organizations: CNN, Intrepid Travel’s, EMEA, AFP, Inclusive, Jewish, El, Musee Des, Marrakech medina, Expeditions, US State Department, Foreign Locations: Morocco, Spain, Qatar, UAE, Marrakech, Al, medina, Seaside, Agadir, Casablanca, Fez, Intrepid Travel’s Morocco, Jemaa el, Bahia, Saadian, El, ”, Inclusive Morocco, reroute, “, Hassan, Rabat, Paris, –, Ait Benhaddou, Dades, Santiago

☆ What it's like in Europe's popular crypto haven Portugal as the U.S. cracks down
▼ + stars: | 2023-09-09 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +19 min

They understood the importance of self custody of bitcoin, bitcoin on bitcoin blockchain, not on other chains." Sunrise over Lisbon, Portugal Alexander Spatari | Moment | Getty ImagesThe San Francisco of EuropeA walk through Portugal's capital feels eerily similar to a stroll in San Francisco. "This makes Portugal a really attractive place for crypto users to live," explained Shehan Chandrasekera, a CPA and head of tax strategy at crypto tax software company CoinTracker.io. The only exception to the country's generous crypto scheme relates to companies registered in Portugal that deal in crypto. Cyclists photographed in Lisbon, Portugal, in October 2018.

Persons: Alexander Spatari, PORTUGAL —, maximalists, Lorenzo Primiterra, He's, Peter Pan, Primiterra, Terra Luna, bitcoin, solana, Greenfield, Portugal Alexander Spatari, Jemson Chan, Chan, CNBC Guy Young, Seb True, CNBC Seb, True, That's, it's, bitcoiners, I've, Stephen Knowles, cryptocurrencies, Shehan Chandrasekera, Katie Ananina, Ethena's Young, —, Deley, Deley doesn't, that's, Didi Taihuttu, They've, Taihuttu Organizations: Campo Pequeno, maxis, CNBC Software, CNBC, titans, Securities and Exchange Commission, British, Abril, European, CPA, Cyclists, European Union, D7, Companies, Algarve Locations: LISBON, PORTUGAL, Lisbon, Italy, Portugal, Almada, Lisboa Region, outranking New York, Berlin, Singapore, European, Sunrise, San Francisco of Europe, San Francisco, bitcoin, Europe, Crypto, U.S, Egypt, Asia, Switzerland, it's, Puerto Rico, Australia, Canada, Ghent, Belgium, cryptocurrency, Cryptocurrencies, Lisbon's, Lagos, Angeles, Algarve

☆ Most first-time homebuyers don't put down 20%, expert says. Here's how much you may need
▼ + stars: | 2023-09-08 | by ( Annie Nova | ) www.cnbc.com time to read: +3 min

But you probably don't need as much money as you think. In the following decades, many government-backed mortgages mandated a 20% down payment. The typical house in the U.S. has a median price of around $400,000. Applying the 20% rule would mean you'd need $80,000. Some states, cities and other groups have programs that award grants to homebuyers that bolster their down payment or help cover closing costs.

Persons: SurveyMonkey, Jessica Lautz, Lautz, Freddie Mac, Daniel Brennan Organizations: Istock, CNBC, National Association of Realtors, U.S . Department of Agriculture, Federal Housing Administration, Department of Veterans Affairs, Bank Locations: U.S, Arizona, Maine

☆ This US-based couple bought a cheap apartment in France to give their kids a different upbringing
▼ + stars: | 2023-09-07 | by ( Tamara Hardingham-Gill | ) edition.cnn.com time to read: +13 min

CNN —Splashing out an apartment in the south of France and renovating it yourself may sound like a difficult – and hugely expensive – task. The couple spent a year or so completing the renovations themselves, which involved putting in new flooring and repainting the walls, as well as transforming the annex area into a bedroom for their children. Meanwhile, Rixa spent most of any free time she had looking for pre-used items, including dishes, for their new place. Frugal livingEric and Rixa purchased this former Communist office in Old Nice in 2020, six years after buying the apartment over it. Courtesy Margarite FisherHe also points out that Old Nice is a place that “preceded cars” so it has much more of a neighborhood feel and lots of shared outdoor space.

Persons: Eric Freeze, Rixa, Dio, Inga, ”, Eric, “ It’s, they’d, Jeunes Communistes, “, they’ve, Eric ., Rixa’s, ’, Chateau, Margarite Fisher, It’s, they’re, They’re, they've, it’s, ” Eric, Zari, Ivy, Armando Nevarez “, that’s Organizations: CNN, Communist, “ Young Communists, French Communist Party, “, UNESCO Locations: France, Canada, Old Nice, Nice, Indianapolis, Indiana, French

☆ What to do if your flight gets canceled: 'Use every tool in the toolbox,' says travel expert
▼ + stars: | 2023-09-07 | by ( Celia Fernandez | ) www.cnbc.com time to read: +5 min

Experts share the steps to take if your flight is canceled or delayed. When you travel via airplane, you run the risk of your flight being canceled or delayed and throwing a serious wrench in your plans. On Tuesday, United Airlines flights were grounded for more than an hour after the carrier experienced computer issues, the Federal Administration said. What to do if your flight is canceledThe first thing you should do when you find out your flight is canceled is contact the airline. That way, if your flight gets canceled, you can see if they are willing to book you on a competitor carrier.

Persons: It's, Tomasz Pawliszyn, AirHelp, Clint Henderson, Guy, Henderson, Martin, it's, Pawliszyn Organizations: United Airlines, Federal Administration, CNBC, U.S . Department of Transportation's, Delta Air Lines, American Airlines, Pawliszyn, Istock, Getty

☆ Student loan interest resumes. Here’s what borrowers need to know
▼ + stars: | 2023-09-05 | by ( Annie Nova | ) www.cnbc.com time to read: +2 min

Undergraduate subsidized student loans should not start racking up interest until after you've graduated and finished your six-month grace period. watch nowThe interest on undergraduate subsidized loans is usually suspended while you pursue more schooling. You can contact your loan servicer or visit StudentAid.gov to learn your loan type, said Betsy Mayotte, president of The Institute of Student Loan Advisors, a nonprofit2. Recent graduatesMost graduates get a so-called grace period after they've finished school before they need to start making their student loan payments. If you're unemployed when student loan payments resume, you can request an unemployment deferment with your servicer.

Persons: Drazen Zigic, Kantrowitz, you've, they've, Betsy Mayotte Organizations: Istock, Getty, The, Student Loan Advisors

We are buying 75 shares of GE HealthCare Technologies (GEHC), at roughly $67.51 apiece. Following Tuesday's trade, Jim Cramer's Charitable Trust will own 1,170 shares of GEHC, increasing its weighting in the portfolio to 2.74% from 2.57%. Meanwhile, GE HealthCare management is expected to attend the Wells Fargo Healthcare conference on Thursday and is set to address the Morgan Stanley Global Healthcare conference next Tuesday. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Healthcare and technology, Doctor using digital tablet with icon medical network on hospital background ipopba | iStock | Getty Images

Persons: Jim Cramer's, Morgan, Wells Fargo, Morgan Stanley, Jim Cramer, Jim Organizations: GE HealthCare Technologies, GEHC, General Electric, GE, GE HealthCare, Wells, Healthcare, Morgan Stanley Global Healthcare, CNBC, iStock, Getty

☆ Student loan payments restart in October — here are changes borrowers can expect
▼ + stars: | 2023-08-31 | by ( Annie Nova | ) www.cnbc.com time to read: +4 min

A new servicer, for someMillions of federal student loan borrowers will have a different servicer when payments resume in October. Impacted borrowers should get emails about the change, said Scott Buchanan, executive director of the Student Loan Servicing Alliance, a trade group for federal student loan servicers. Borrowers previously with FedLoan should be transferred to MOHELA, or the Missouri Higher Education Loan Authority, he said. Another repayment optionFederal student loan borrowers can now sign up for the Biden administration's new loan repayment plan, and they could be enrolled in it by the time the bills resume. If your student loan servicer can't process your application for the SAVE plan by the time payments resume, it should place you in a temporary forbearance.

Persons: Julia Amaral, they'll, Granite State —, Scott Buchanan, Buchanan, FAFSA, Mark Kantrowitz, Kantrowitz, servicer, Biden, they're, Joe Biden Organizations: Istock, Pennsylvania Higher Education Assistance Agency, Student Loan, Alliance, Finance, Missouri Higher Education Loan Authority, EdFinancial Services, Lakes Higher, Federal Services, Biden, Valuable Education, Public, Education Department Locations: That's, Pennsylvania, Granite State, MOHELA, Missouri, StudentAid.gov

A new accounting shows that at least 523 institutions were part of the sprawling network of boarding schools for Native American children. ‘War Against the Children’ The Native American boarding school system — a decades-long effort to assimilate Indigenous people before they ever reached adulthood — robbed children of their culture, family bonds and sometimes their lives. “The government was not done with war, so the next phase involved war against the children,” said Mr. Sherman, 83, a former aerospace engineer. Now 76, his voice grows shaky when he recounts the punishments children received — and how children were turned into punishers. Library of Congress, Chronicling AmericaA precise accounting of how many children died at Native American boarding schools remains elusive.

Sisters Shelia Miller, Debbie Taylor and Daphne Taylor of the Washington, D.C., area care for their mother, Ernestine Taylor. Managing health-related and long-term care expenses is also a challenge. Still experts say taking these five steps can help prevent burnout and financial stress for many family caregivers. You may also qualify for a dependent care tax credit for a percentage of up to $3,000 in qualified care expenses for one person or $6,000 for two people. Find support from a group or care specialistEmotional stress and burnout can add to the financial strain of caregiving.

Persons: Daphne Taylor, Debbie Taylor, Shelia Miller, Miller, Daphne, Ernestine Taylor, Debbie, There's, Barry Glassman, Glassman, there's, —, Anne Sansevero, they've, Sansevero Organizations: AARP, D.C, Finance, CNBC FA, Wealth, Medicaid, American Council, U.S . Department of Veteran Affairs, Resource Center, Caregiving, Life Care, Istock, Getty Locations: Alexandria , Virginia, Washington ,, Washington, Vienna , Virginia, North Bethesda , Maryland, U.S, medicaidplanningassistance.org

☆ Your boarding pass and weight, please: Why airlines are asking passengers to step on the scales
▼ + stars: | 2023-08-28 | by ( Monica Pitrelli | Marylou Costa | ) www.cnbc.com time to read: +8 min

Starting Monday, passengers flying on Korean Air may be asked to step on a scale before boarding their flight. Is it reasonable to weigh passengers? "Fuel is 20 times more than the passenger weight," he said. Where airlines weigh passengersAir New Zealand weighed passengers in June for reasons, it said, related to safety and fuel efficiency. Commercial airline seating is based on average passenger weight from the 1950s to 1970s, Hilderman said.

Persons: —, Vance Hilderman, Shem Malmquist, Hilderman, we're, Jose Silva, Finnair, Nick Gausling, Gausling, Tigress Osborn, Jodi Jacobson Organizations: Korean, Korean Air, CNBC, Gimpo, Incheon Airport, Bombardier, Embraer, Aviation, Istock, Florida Tech's College of Aeronautics, Transport & Health, RMIT University's School of Engineering, U.S . Federal Aviation Administration, New Zealand, Hawaiian Air, Samoa Air, Reuters, Flyers, European Union Aviation Safety Agency, International Civil Aviation Organization, Romy Group, National Association Locations: Honolulu, American Samoa, United States, Europe

☆ It should be easier now for student borrowers to apply for public service loan forgiveness. Here's why
▼ + stars: | 2023-08-28 | by ( Annie Nova | ) www.cnbc.com time to read: +2 min

Drazen Zigic | Istock | Getty ImagesNavigating the Public Service Loan Forgiveness Program has been famously difficult. Fortunately, student loan borrowers may find that the process is getting a little easier. watch nowOnce the process is complete, the form should automatically be delivered to the Missouri Higher Education Loan Authority (MOHELA). That's the student loan servicer that currently handles PSLF borrowers (previously FedLoan did so). Try to fill out this form at least once a year, Kantrowitz added, and keep records of your confirmed qualifying payments.

Persons: Drazen Zigic, Mark Kantrowitz, George W, Bush, you've, servicer, Kantrowitz Organizations: Istock, Getty, Public, U.S . Department of Education, Consumer Financial, Bureau, Missouri Higher Education Loan Authority, Education Department Locations: Missouri

☆ Scientists have completely sequenced the human Y chromosome for the first time, with huge implications for heath and evolution research
▼ + stars: | 2023-08-24 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +7 min

Researchers published two new papers on the human Y chromosome. That's because the Y chromosome is "the most complex, most repetitive chromosome," said Monika Cechova, a postdoctoral researcher at the University of California, Santa Cruz. AdvertisementAdvertisementKaren Miga was one of the researchers involved in fully sequencing the human Y chromosome. The worldwide Y chromosomeFor the single-sequence paper, researchers sequenced the Y chromosome of a single individual of European descent, known as the HG002 genome. Because of all the gaps in the Y chromosome genome reference, researchers haven't fully understood how the chromosome contributes to overall health.

Persons: Karen Miga, Monika Cechova, Carolyn Lagattuta, Pascal Gagneux, wasn't, Gagneaux, Evan Eichler, Cechova, Miga, Gagneux, haven't Organizations: Service, Telomere, University of California, UC Santa Cruz, UC San Diego, Center for Academic Research, Human Genome Research Institute, Jackson Laboratory, Genomic Medicine Locations: Wall, Silicon, Nature, Santa Cruz, Anthropogeny

☆ Here are 6 stocks dominating the AI trade and 3 more that stand to benefit down the road
▼ + stars: | 2023-08-23 | by ( Zev Fima | ) www.cnbc.com time to read: +6 min

Analysts at Goldman Sachs released a note to clients late Monday, looking at what they called "The (AI) trade after the trade." Marvell Technology (MRVL), a former Club stock and current Bullpen stock, is also included. But, in addition to surveying the AI landscape, the Goldman note aims to answer the question: What is the trade after the trade? The common theme here is enhanced worker productivity; AI leading to revenue growth and lower labor costs, an obvious benefit to the bottom line. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: you've, Goldman Sachs, Salesforce's Einstein, Goldman, Russell, —, Consumer Staples, Jim Cramer's, Jim Cramer, Jim Organizations: Goldman, Nvidia, Marvell Technology, Club, Microsoft, Russell, Costco, Consumer, CNBC, Istock, Getty

☆ These student loan borrowers will see their monthly bill drop to $0 under Biden's new SAVE plan
▼ + stars: | 2023-08-22 | by ( Annie Nova | ) www.cnbc.com time to read: +1 min

Many borrowers' bills will be cut in halfThe SAVE plan is an income-driven repayment plan that can cut borrowers' monthly payments in half, according to the Education Department. watch nowThe reduction in payments on undergraduate loans to 5% from 10% of discretionary income will be available to borrowers in July 2024, when the SAVE plan is fully implemented. But borrowers who enroll now in the SAVE plan — or before bills restart in the fall — should see certain benefits sooner. New payment amounts could kick in by fallMost borrowers who apply for the SAVE plan by mid-August should see their new monthly payment amount reflected in their autumn statement, according to the Education Department. That's because the SAVE plan also increases the income exempted from the payment calculation to 225%of the poverty line, from 150%.

Organizations: Istock, Getty, Education Department

☆ 5 cities with the highest property tax rates. Here's why rates can vary so much from place to place
▼ + stars: | 2023-08-22 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +2 min

Property tax is "really instrumental" as a local revenue source, but stressed that every community has different priorities and budgeting goals. Property taxes have 'so many variables'"With property taxes, it's pretty simple stuff," said Richard Auxier, senior policy associate at the Urban-Brookings Tax Policy Center. watch nowThis is why your next-door neighbor's property tax bill can be so different from yours, Auxier explained. Generally, cities tend to have more expensive property tax rates if there's high property tax reliance, low property values, or more robust local government spending, the report concludes. 5 highest effective property tax rates in 2022Detroit skyline Reese Lassman | EyeEm | Getty Images

Persons: Katherine Loughead, Loughead, Richard Auxier, Auxier, Reese Lassman Organizations: Istock, Getty, Lincoln Institute of Land Policy, Minnesota Center, Fiscal, Center for State Tax, Tax, Urban, Brookings Tax, Reese, EyeEm Locations: Detroit

"The price of global rice prices is particularly worrying," Qingfeng Zhang, a senior director from the Asian Development Bank, told CNBC. Other than India, food inflation has been relatively tame in Asia so far this year. Underscoring how higher food prices erode purchasing power, ADB suggested at that time that a 10% rise in domestic food prices in developing Asia would push 64.4 million into poverty, based on the $1.25-a-day poverty line. Moreover, this spike in rice prices is happening amidst widespread lower food prices. watch nowThis means any spikes in food prices will only translate to food inflation toward the end of this year or early 2024.

Persons: Qingfeng Zhang, El Niño, Niño, Erica Tay, Tay, Tay . Rice, Xi Jinping, Morgan Stanley, Maybank Nomura, Sonal Varma, Si Ying Toh, Nomura, Paul Hughes, Hughes, Global's Hughes Organizations: Istock, Asian Development Bank, CNBC, ADB, United Nations, FAO, Tay . Locations: Ho Chi Minh, Vietnam, Asia, India, Thailand, China, Myanmar, Cambodia, Tay, U.S, El, Australia, Pacific, Singapore, Hong Kong, Indonesia, South Korea, Philippines, Malaysia

"We were paying for it ourselves and I really did not want to go into debt for a wedding," Janet Counts previously told CNBC. For instance, Janet Counts financed her wedding last year on payment plans. "Even if we put it on a credit card, it was nice not to have to do any payment conversations on the wedding day." 2. Credit card rewards may be usefulSome credit cards offer rewards a couple can later use for their honeymoons. The average credit card interest rate is currently above 24%, as of Aug. 14, the highest since 2019, according to LendingTree.

Persons: Peter Dazeley, Jason Rhee, Janet, Brian Counts, Janet Counts, Rhee, Keira01 Organizations: Bank, Getty, Front Royal, CNBC, Istock Locations: Los Angeles, Front, Front Royal , Virginia

☆ The best credit cards for Disney World and Disneyland tickets in 2023
▼ + stars: | 2023-08-18 | by ( Jennifer Yellin | ) edition.cnn.com time to read: +15 min

And you might even find that the best credit card for you isn’t even branded as a Disney credit card. The best credit cards for Disney World and Disneyland ticketsWhile there’s no one-size-fits-all credit card for Disney trips, there are a handful of good options. Ink Business Cash® Credit Card : Best for purchasing Disney gift cards. Fortunately, the 5% discount can be used for third-party gift cards sold at Target (not including Target gift cards). Disney Premier Card: Best for Disney park savingsThe Disney Premier card offers special discounts on merchandise for its card members.

Persons: you’re, Hopper, you’ll, Chase, that’s, we’ve, Mickey, Minnie, You’ll Organizations: CNN, American Express, Disney, Disney World, Mastercard, Capital, Target, American Airlines AAdvantage, United Airlines MileagePlus, Air Canada, Hyatt, Hyatt . Capital, Venture, Staples, BJ’s Wholesale, Sam’s, Ink, Wholesale, Citi, Disney Premier Locations: California, Paris, Tokyo, Shanghai, Hyatt ., DisneyPlus.com

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