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☆ Men and women asked for raises this year at the same rate, but men were more likely to get them
▼ + stars: | 2022-12-13 | by ( Jennifer Liu | ) www.cnbc.com time to read: +1 min

Americans say they're handling record inflation by trying to up their income, including by asking for a raise at work. However, men were more likely to actually get a pay bump: 59% of men received a raise in the last year, compared with 52% of women, according to the survey. According to the Make It survey, women are more likely than men to be part-time workers or not employed at all. Women who ask for raises could also be getting less of a bump and make less money overall. Nearly half of women surveyed earn below $50,000, compared with about 1 in 3 men in the same income group.

☆ The No. 1 action Americans took in 2022 to build wealth
▼ + stars: | 2022-12-13 | by ( Ryan Ermey | ) www.cnbc.com time to read: +2 min

If earning more money is on your to-do list in the upcoming year, it's worth examining the actions other Americans say they took to do so in 2022. When asked which steps they took to build their personal wealth in 2022, 27% of Americans said they invested in the stock market. Zoom In Icon Arrows pointing outwards Gene Kim | CNBC Make ItInvesting during a down market: 'You should be super excited'Investing in the stock market in 2022 has required some perseverance. While the slide in stock prices has likely scared off more than a few investors in the short-term, those looking to build long-term wealth have been smart to keep buying. That's because, historically, the stock market has trended steadily upward.

☆ 60% of Americans see crypto investing as highly risky—but millennials are still its biggest fans
▼ + stars: | 2022-12-12 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +2 min

About 38% of Gen Zers (defined here as 25 and under) and 46% of millennials (defined here as age 26 to 41) say crypto investing is highly risky. Younger generations, however, appear to be more willing to take a chance on crypto investing than older generations. About 60% of Americans believe investing in digital currency is highly risky — up from 45% in 2021, according to the recent CNBC Make It: Your Money survey, conducted in partnership with Momentive . Crypto remains among the least popular investments: Only about 10% of Americans say they own any, according to the survey. However, with price of bitcoin, the largest cryptocurrency by market value, hovering substantially lower than its Nov. 2021 highs, as of Dec. 12, confidence in crypto investing appears to be waning among investors of all ages.

☆ How much money Americans say they need to make to feel rich
▼ + stars: | 2022-12-12 | by ( Kamaron Mcnair | ) www.cnbc.com time to read: +2 min

When asked how much money they'd need to earn annually in order to feel rich, the majority of Americans said at least $200,000, according to the recent CNBC Make It: Your Money survey, conducted in partnership with Momentive . Consumers broadly agree across age groups and racial demographics on the salary necessary to feel rich. Similarly, 34% of those earning less than $100,000 say earning between $100,000 and $149,000 would make them feel rich. Experience may give high-earners a better idea of how much has previously made them feel rich. Someone currently earning $200,000 but not managing their money well might not feel well-off, for example.

☆ For the first time in his presidency, Biden's approval rating on Main Street goes up
▼ + stars: | 2022-12-09 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +3 min

Carlo Allegri | ReutersIt may not have increased by much, and it's rising from an all-time low, but for the first time during his presidency, Joe Biden's approval rating on Main Street has gone up. The CNBC|SurveyMonkey Small Business Survey for Q4 2022 was conducted Nov. 9-Nov. 16 among nearly 2,600 small business owners. Biden's approval rating still remains heavily partisan: Just 8% of small business owners who are Republican approve of President Biden. "This is the first quarter of Biden's presidency where we've seen any improvement whatsoever in Biden's approval among small business owners, so it's important because it breaks the trend," said Laura Wronski, senior manager of research science at Momentive. Small business owners are more confident this quarter than last, with the overall survey reading moving up modestly and fears of recession declining quarter over quarter.

☆ Another tech bubble bursts: 2022 has been brutal for Silicon Valley workers
▼ + stars: | 2022-11-27 | by ( David Ingram | David Ingram Covers Tech For Nbc News. | ) www.nbcnews.com time to read: +28 min

Gem: 100A maker of recruiting software, the startup cut a third of its workforce Nov. 1, The Information reported. HealthCare.com: 149The health insurance marketplace announced the job cuts Aug. 3, Miami Inno reported, citing state regulatory filings. Fabric: 120The robotics startup said July 13 that it was layoffing off 40% of them, TechCrunch reported, citing company confirmation. It affected about 300 people, the Silicon Valley Business Journal reported, citing company confirmation. Policygenius: 170The online insurance company cut about 25% of its staff, Axios reported June 6, citing company confirmation.

☆ Inflation? Recession? Starting Black Friday, holiday shoppers are planning to spend
▼ + stars: | 2022-11-25 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +6 min

"People are pretty consistent on how much they expect to spend on holiday shopping," said Laura Wronski, senior manager of research science at Momentive. The survey results reveal the consumer divide in the economy, with spending concerns more prevalent at lower income levels. 1 shopping holiday The survey has consistently found that the hype around shopping holidays is often higher than the actual excitement among consumers. 1 shopping holiday that Americans say they will spend on. One in five (21%) are "most excited" to go shopping on Black Friday, almost double the consumers planning to shop on Cyber Monday (12%).

☆ Zendesk goes private in $10 bln deal
▼ + stars: | 2022-11-22 | by ( ) www.reuters.com time to read: +1 min

As part of the deal, Zendesk shareholders received $77.50 per share in cash. Proxy advisory firm Institutional Shareholder Services (ISS) had backed the deal, which Zendesk shareholders approved in September. Jana had pushed for the sale after San Francisco-based Zendesk failed to buy SurveyMonkey parent Momentive Global Inc (MNTV.O) in a $3.9 billion deal. The Momentive deal fell through after it was rejected by Zendesk shareholders. In August, Light Street Capital Management, which manages funds that own more than 2% of Zendesk, said it would vote against the private equity deal and proposed that Zendesk remain a standalone public company and find a new top boss.

☆ Best Buy, Lyft, and Adobe are hiring more execs from marginalized backgrounds thanks in part to this woman
▼ + stars: | 2022-10-11 | by ( Marguerite Ward | ) www.businessinsider.com time to read: +7 min

To date, nearly 600 companies including Ralph Lauren, Lyft, Best Buy, Adobe, Oracle, and Cisco have signed on. Josh James, the CEO of cloud-software company Domo, is a cofounder of Parity.org and a signatory of Parity.org's gender pledge in 2017 and its race pledge in 2020. Signing the Parity.org gender and race pledges does not hold CEOs accountable to a specific goal or target date. "Imposing a one-size-fits-all deadline or quota would just lead to failure on the part of many companies," Stickney said. Now, the nonprofit is expanding to conduct pay-equity analyses based on race, gender, and age.

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