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☆ 75% of young, wealthy Americans get this 'wrong' about investing, says CFP
▼ + stars: | 2022-11-18 | by ( Ryan Ermey | ) www.cnbc.com time to read: +2 min

Although advisors generally recommend that younger investors hold the vast majority of their investments in stocks, wealthy young people are skeptical that traditional investments can get the job done. In fact, 3 in 4 say it's not possible to achieve above-average returns with stocks and bonds, according to the survey. Young rich investors may 'mistake success with expertise'Why are young, affluent investors pulling away from stocks? It could be that there are newer, fresher ideas out there, says Ken Shepard, head of investments at Bank of America Private Bank. Why stocks are still the best option for young investors

☆ As world population hits 8 billion, China frets over too few babies
▼ + stars: | 2022-11-14 | by ( ) www.reuters.com time to read: +3 min

Such decisions by countless people like Tang will determine the course not only of China's population but that of the world, which the United Nations says is projected to reach 8 billion on Tuesday. Tang, 39, said many of his married friends have only one child and, like him, they are not planning any more. But now the United Nations expects China's population will start shrinking from next year, when India will likely become the world’s most populous country. China's fertility rate of 1.16 in 2021 was below the 2.1 OECD standard for a stable population and among the lowest in the world. The proportion of the population over the age of 65 is now about 13% but is set to rise sharply.

PITTSBURGH — President Joe Biden and former President Donald Trump are at the moment their parties’ leading candidates for 2024. But more competitive midterm contests appear poised to inject a host of new prospects into the 2024 conversation for both parties. That governors would already find themselves in the 2024 spotlight comes as little surprise to political observers. “Governors get s--- done, right?” Shapiro said in a recent interview after batting away questions about his own future ambitions. Jared Leopold, a Democratic strategist who formerly worked at the Democratic Governors Association, said Biden is and will remain Democrats’ top choice in 2024.

☆ Trump hits out at Virginia Gov. Glenn Youngkin with bizarre comment that his name 'sounds Chinese'
▼ + stars: | 2022-11-12 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +2 min

There has been speculation that Youngkin might run for president in 2024. Trump has been lashing out at political rivals amid hints of his imminent plans to announce a 2024 bid. Glenn Youngkin amid speculation that the governor might run for president in 2024. Writing on Truth Social on Friday, Trump bizarrely commented that the governor's name, which he spelled "Young Kin" "sounds Chinese." Trump has been heavily hinting that he plans to announce a 2024 run on November 15, promising a "big announcement" is to come.

☆ How airlines plan to create a new generation of pilots amid fears of decade-long cockpit crisis
▼ + stars: | 2022-11-11 | by ( Bob Woods | ) www.cnbc.com time to read: +12 min

Focusing more long-term, though, airlines are boosting training programs to unprecedented levels and trying to attract a younger and more diverse next generation of aviators. That formula has been adopted by regional airlines, too, such as Mesa Air Group , Republic, Envoy, Cape Air and SkyWest . The regionals have always been an entry point for the mainline airlines' pilots, providing them the requisite number of hours of flight time needed before advancing. "The pilot shortage has abated to some extent," Murray said, "but at the expense of lower frequencies and fewer connection opportunities for travelers." Regional airline Republic has its own flight school, the Leadership in Flight Training Academy, in Indianapolis.

☆ Midterm elections live updates: Pennsylvania races, New Hampshire Senate race too early to call
▼ + stars: | 2022-11-09 | by ( Brandy Zadrozny | Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Sahil-Kapur-Headshot.Jpg | ) www.nbcnews.com time to read: +109 min

Share this -Link copiedWisconsin Senate and governor's races too early to call It is too early to call the Senate and gubernatorial races in Wisconsin, according to NBC News. Share this -Link copiedNew Hampshire Senate race too early to call The Senate race in New Hampshire is too early to call, according to NBC News. Share this -Link copiedPennsylvania Senate and governor races are too early to call After polls closed at 8 p.m. While Maricopa County election officials initially categorized the problem as a “hiccup,” it took hours before a solution was identified early Tuesday afternoon. In Columbus County, election officials allegedly were harassed by an “observer following one-stop workers” and photographing or filming the workers, it said.

☆ Four candidates face off in Santa Ana, California's mayoral election
▼ + stars: | 2022-11-08 | by ( Hanna Kang | ) www.businessinsider.com time to read: +2 min

Four candidates are running in Santa Ana, California's mayoral race: Sal Tinajero, Jose Solorio, Valerie Amezcua and Jesse Nestor. 2022 General EmbedsFirst-term Democratic Mayor Vicente Sarmiento stepped down to run for an Orange County Board of Supervisors seat, leaving his seat up for grabs. Tinajero, who is endorsed by the Orange County Democratic Party, leads the Santa Ana Unified School District's speech and debate program and previously served on the Santa Ana City Council for more than a decade. Amezcua is a retired county probation officer and a member of the Santa Ana Unified Board of Education. The fourth candidate, Nestor, is a 20-year-old self-described libertarian who currently attends Santa Ana College.

Democratic Rep. Mary Peltola is running against three others — including Sarah Palin — in Alaska's at-large congressional district. Alaska has only one congressional district and therefore does not go through a redistricting process. Democratic Rep. Mary Peltola of Alaska faces off against three challengers in Alaska's at-large congressional district general election. Palin, the former governor of Alaska, has known Peltola for years and served alongside her in the Alaska state house. Although Alaska's 2022 general election, much like the special election, will largely be centered around Peltola and Palin, Alaska's ranked choice voting system makes this a four-way race.

Rep. Michelle Steel is running against Democrat Jay Chen in California's 45th Congressional District. The 45th District is home to Little Saigon, which contains the largest Vietnamese population in the nation. 2022 General EmbedsCalifornia's 45th Congressional District CandidatesSteel sits on the Committee on Transportation and Infrastructure and the Committee on Education and Labor. Voting history for California's 45th Congressional DistrictCalifornia's 45th Congressional District straddles Los Angeles County and Orange County — the third largest in the state — and includes Little Saigon, home to the largest Vietnamese population in the United States. The pro-Republican Congressional Leadership Fund has alone accounted for more than half of that spending, with the National Republican Congressional Committee accounting for much of the rest.

☆ Some in White House worry abortion message bungled before midterms
▼ + stars: | 2022-11-07 | by ( Nandita Bose | ) www.reuters.com time to read: +4 min

Some White House officials believe they should have linked abortion to economic concerns more, rather than fundamental rights and privacy, three sources with direct knowledge of the matter said. The White House faced a similar situation when trying to expand the child tax credit earlier this year, both sources noted. White House spokesman Kevin Munoz dismissed "any notion of over focus" on reproductive rights and said Biden has addressed multiple issues. The White House has asked the DNC to gather data for an election postmortem to identify what messages worked and what didn't, party sources said. The White House signed executive orders on the issue and met with state legislators, grassroots activists and coalitions to finetune abortion messaging.

☆ Asian Americans have some of the highest levels of support for abortion rights — and it's driving them to vote
▼ + stars: | 2022-11-05 | by ( Sakshi Venkatraman | Sakshi Venkatraman Is A Reporter For Nbc Asian America. | ) www.nbcnews.com time to read: +9 min

With studies finding that Asian American and Pacific Islanders show some of the highest levels of support for abortion rights, community leaders are expecting this issue to drive Asian Americans to the polls — many for the first time ever. “AAPIs view abortion not as the singular act of abortion, but as health care,” said Varun Nikore, executive director of the nonprofit AAPI Victory Alliance. While some researchers point to flaws in the polling (most notably that Pew only surveyed English speakers), they say there’s no doubt that Asians show the highest level of support when it comes to abortion rights. “That tells me that abortion rights and reproductive rights are likely what’s driving that prioritization,” said Karthick Ramakrishnan, founder and director of demographic data and policy research at AAPI Data. A younger crop of Asian voters newly engaged by the Dobbs ruling are initiating these conversations with their elders, too.

☆ Republican Rep. Young Kim faces off against Democrat Asif Mahmood in California's 40th Congressional District election
▼ + stars: | 2022-11-05 | by ( Hanna Kang | ) www.businessinsider.com time to read: +5 min

Rep. Young Kim is running against Democrat Asif Mahmood in California's 40th Congressional District. The 40th District is an affluent, suburban district anchored in Orange County. CA-13CA-22CA-27CA-41CA-45CA-09CA-47CA-49 HouseRepublican Rep. Young Kim is vying for a second term against Democrat Asif Mahmood in California's 40th Congressional District. California's 40th Congressional District candidatesKim, a freshman representative, sits on the House Committees on Foreign Affairs, Science, Space and Technology, and Small Business. Voting history for California's 40th Congressional DistrictCalifornia's 40th Congressional District is an affluent, suburban district anchored in Orange County.

The rise comes as other respiratory viruses, including respiratory syncytial virus, or RSV, are also spreading early and rapidly. Common winter viruses tend to peak in December and January — not October and November — though it's unclear how the early and intense spread of respiratory viruses will ultimately play out this season. It's the first time since the beginning of the Covid pandemic that run-of-the-mill respiratory viruses are again circulating widely. Other respiratory viruses, including rhinoviruses and enteroviruses, are also circulating widely, and could account for some of those illnesses. "We'll probably start seeing cases rise on the West Coast in the coming weeks," said Dr. Meredith McMorrow, a pediatrician and team lead for Enhanced Surveillance Platforms at the CDC.

☆ DOJ rests in Oath Keepers trial without calling witnesses who pleaded guilty to seditious conspiracy
▼ + stars: | 2022-11-03 | by ( Ryan J. Reilly | Ryan J. Reilly Is A Justice Reporter For Nbc News. | ) www.nbcnews.com time to read: +4 min

WASHINGTON — Federal prosecutors rested their case against Oath Keepers founder Stewart Rhodes and four other members of the far-right organization on Wednesday without calling three cooperating defendants who pleaded guilty to seditious conspiracy. But the government did not call for three members of the group who pleaded guilty to seditious conspiracy — Joshua James, Brian Ulrich and William Todd Wilson — before resting their case. Stewart Rhodes, founder of the Oath Keepers, speaks during a rally outside the White House in Washington on Jun. Susan Walsh / AP fileProsecutors may have decided that presenting any of the three defendants who pleaded guilty to seditious conspiracy would be too much of a risk on cross examination. Prosecutors also can't explicitly argue that because a witness pleaded guilty to seditious conspiracy that the defendants are guilty of the same charge, which limits the value of their testimony.

☆ These baristas are leading a nationwide campaign to unionize Starbucks. It came at a cost
▼ + stars: | 2022-11-02 | by ( Chris Isidore | ) edition.cnn.com time to read: +13 min

Since then workers at 243 other stores spread over 38 states have voted to join Starbucks Workers United — that’s more than five stores a week. Still, most of the fired workers nationwide remain off the job, including Tambellini. “The pizza place next door [to the Starbucks store I worked at] offered me a job almost immediately,” said Tambellini. Starbucks employees and supporters react as votes are read during a union-election watch party in Buffalo, New York. The Starbucks workers are really demonstrating that it’s possible to unionize in an industry where it was thought of as impossible to organize, due to high turnover and a large percentage of young people,” he said.

☆ New 'Dangerous Liaisons' TV series 'a prelude, origin story', makers say
▼ + stars: | 2022-11-02 | by ( Hanna Rantala | ) www.reuters.com time to read: +2 min

The new TV series sees the passionate love affair of protagonists Marquise de Merteuil and Vicomte de Valmont turn sour in pre-revolutionary Paris. "It is a prelude to what we see later with the book and the Malkovich version," Australian actor Nicholas Denton, who plays Valmont, told Reuters. The details made Warner wonder who the marquise, who goes by Camille and is played by Australian Alice Englert in the series, was before. "As key as discovering the way into Camille was the way into Valmont, that meant that you can understand his behaviour. The 8-episode first season of "Dangerous Liaisons" premieres on LIONSGATE+ on Sunday.

☆ Republican Rep. Michelle Steel faces off against Democrat Jay Chen in California's 45th Congressional District election
▼ + stars: | 2022-11-02 | by ( Hanna Kang | ) www.businessinsider.com time to read: +5 min

Rep. Michelle Steel is running against Democrat Jay Chen in California's 45th Congressional District. The 45th District is home to Little Saigon, which contains the largest Vietnamese population in the nation. California's 45th Congressional District CandidatesSteel sits on the Committee on Transportation and Infrastructure and the Committee on Education and Labor. Voting history for California's 45th Congressional DistrictCalifornia's 45th Congressional District straddles Los Angeles County and Orange County — the third largest in the state — and includes Little Saigon, home to the largest Vietnamese population in the United States. The pro-Republican Congressional Leadership Fund has alone accounted for more than half of that spending, with the National Republican Congressional Committee accounting for much of the rest.

☆ Kit Connor's sexuality is none of your business
▼ + stars: | 2022-11-01 | by ( Allison Hope | ) edition.cnn.com time to read: +8 min

CNN —The pressure for 18-year-old actor Kit Connor to come out had been building on social media for months. It is one of the first to center LGBTQ characters — both Nick and Charlie, as well as others in the main cast — geared towards a teen and young adult audience. Rob Youngson/NetflixThe truth about Nelson’s character, as well as Connor’s real-life identity, may be much more nuanced. (From left) The cast of "Heartstopper" — Kizzy Edgell, Corinna Brown, Kit Connor, Joe Locke, Tobie Donovan and Sebastian Croft — attend London Pride on July 2. Chris J Ratcliffe/Getty ImagesNow LGBTQ audiences are rightfully asking the hard questions about who gets to play LGBTQ characters.

☆ Democratic Rep. Mary Peltola faces off against former Republican Gov. Sarah Palin and others in Alaska's at-large congressional district election
▼ + stars: | 2022-10-31 | by ( Hanna Kang | ) www.businessinsider.com time to read: +5 min

Democratic Rep. Mary Peltola is running against three others — including Sarah Palin — in Alaska's at-large congressional district. Alaska has only one congressional district and therefore does not go through a redistricting process. Alaska's at-large congressional district candidatesPeltola, who won the at-large seat for Alaska in the US House special election, is the first Alaskan Native to be elected to the House of Representatives. Palin, the former governor of Alaska, has known Peltola for years and served alongside her in the Alaska state house. Voting history for Alaska's at-large congressional districtAlaska's at-large district, where former President Donald Trump had a 10 percentage point margin of victory over Biden in 2020, is the only congressional district in the state and therefore does not go through a redistricting process.

☆ A former Oath Keeper testified he was in 'freakout mode and scared' after January 6. 'I'm going to have to tell my mom.'
▼ + stars: | 2022-10-31 | by ( C. Ryan Barber | ) www.businessinsider.com time to read: +5 min

A former Oath Keepers member testified at the first seditious conspiracy trial linked to January 6. Graydon Young said he was "regalvanized" by Oath Keepers founder Elmer Stewart Rhodes. Prosecutors showed text messages in which Oath Keepers planned for a revolution-like event. Within weeks of joining the Oath Keepers, in late 2020, he joined a security detail for longtime Trump ally Roger Stone. Inside the Capitol, Young testified Monday, "It was pandemonium."

In the West, only about 10 people have died of monkeypox this year, figures from the U.S. CDC show. No monkeypox vaccines are publicly available in Africa. But those failures are being repeated a year on with monkeypox, the health workers consulted by Reuters said. Congo health minister Jean-Jacques Mbungani told Reuters Congo was in talks with the WHO to buy vaccines, but no formal request had been made. A WHO spokeswoman said that in the absence of available vaccines, countries should instead focus on surveillance and contact tracing.

But Silva is getting a second chance to celebrate her quinceañera or 15th birthday in a different, more empowering way. Silva is part of Quince to the Polls, a campaign by Poder Quince geared to mobilize young women to become civic and community leaders. Poder Quince is a program run by Jolt Initiative, a progressive nonprofit organization focused on increasing the civic participation of Latinos, especially young Latinos. “Even though I can’t vote yet," Silva said, "I want to motivate others." Organizers on the ground will be speaking with community members, many of who are first-time voters, said Christine Bolaños, director of communications at Jolt Action, Jolt Initiative's political arm.

☆ How an $18-an-hour Amazon warehouse job cured one former tech exec's burnout
▼ + stars: | 2022-10-28 | by ( Avery Hartmans | ) www.businessinsider.com time to read: +5 min

It's been a wild week in tech, made even more wild by Elon Musk's Twitter deal closing last night. We've got a ton of news this morning, including an account from a longtime tech exec who took a job at an Amazon fulfillment center to help cure his burnout. How an $18-an-hour Amazon warehouse job cured one tech exec's burnout. He decided to quit his CEO job and, eventually, take on a seasonal role at an Amazon fulfillment center. How Elon Musk's "autocratic leadership" will change Twitter.

☆ Black Friday vs. Cyber Monday Deals: Which are better?
▼ + stars: | 2022-10-26 | by ( Mili Godio | Mili Godio Is An Associate Reporter For Select On Nbc News. | ) www.nbcnews.com time to read: +10 min

Black Friday deals started in October this year, while Cyber Monday sales can extend a whole week with additional sales online. Beyond that, retailers generally launch their online Black Friday deals months before Thanksgiving, giving online shoppers a jump-start. “Cyber Monday will offer TV deals as well, but many retailers stick to the tradition of Black Friday TV doorbusters and really pump out those deals on Black Friday,” McGrath said. Cyber Monday typically outperforms Black Friday in terms of sales: Black Friday raked in $8.9 billion in 2021, while Cyber Monday hit $10.7 billion, according to data from Adobe Analytics. While Cyber Monday claims the top spot when it comes to e-commerce spending, Black Friday consistently narrows that gap as the number of online Black Friday sales increases exponentially.

Ascentxmedia | E+ | Getty ImagesAdd this to the list of challenging questions for retirement savers: Should I contribute to a pre-tax or Roth account? The key difference between a pre-tax and Roth accountThe tax code offers a financial benefit to Americans who contribute to a qualified retirement account like a 401(k) plan or individual retirement account. The core difference between a pre-tax and Roth account is when savers reap those benefits — and when their taxes come due. In a pre-tax account, savers get an upfront tax benefit. The opposite is true of a Roth account: Savers pay tax upfront when they contribute money, but don't pay income tax on withdrawals in retirement.

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