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☆ Why so many Americans hate their work hours
▼ + stars: | 2023-04-05 | by ( Ethan Dodd | ) www.businessinsider.com time to read: +8 min

Lower-income workers want to work more, and higher-income workers want to work less. In fact, nearly a quarter of low-income workers making less than $47,000 a year want to work more hours. On the flipside, almost a third of middle- and high-income workers say they work too many hours, according to a Pew Research Center report released Thursday. Workers are left either wanting to work more but can't get the hours, or they want to work less but feel they shouldn't. When surveyed, lower-income workers would likely jump at the opportunity to work more hours to earn more.

☆ San Francisco's homicide rate is low compared to other big cities, but the killing of tech founder Bob Lee shows that doesn't tell the whole story
▼ + stars: | 2023-04-05 | by ( Paayal Zaveri | ) www.businessinsider.com time to read: +6 min

The tragic killing of tech founder Bob Lee has reignited the debate over crime in San Francisco. Those stats compare relatively favorably to other big cities in the US, the San Francisco Chronicle reported, citing FBI data. Meanwhile, the homicide rate in San Francisco was 5 per 100,000 in 2020, the FBI's crime data shows, as analyzed by the San Francisco Chronicle. It's also lower than other cities of comparable sizes to San Francisco, including Columbus, Ohio. Additionally, the San Francisco Police Department must conclude its investigation before the DA's office can step in, Randy Quezada, communications director at the San Francisco District Attorney's office, told Insider's Grace Kay and Sindhu Sundar.

☆ The Right Amount of Cards, Cash and ID to Carry in Your Wallet
▼ + stars: | 2023-04-03 | by ( Oyin Adedoyin | ) www.wsj.com time to read: 1 min

As phones take on more of the work of wallets, people are rethinking how much they still need to carry in cash, cards and identification. Four in 10 Americans say none of their purchases in a typical week are paid for using cash, according to a 2022 survey from the Pew Research Center. That is up from 29% in 2018 and 24% in 2015, reflecting a trend accelerated by the pandemic. Plastic is getting displaced, too: 59% of Americans said they increased their use of digital payment methods last year, according to Mastercard ’s Payment Index.

☆ 50 years ago, he made the first cell phone call
▼ + stars: | 2023-04-03 | by ( Jennifer Korn | ) edition.cnn.com time to read: +5 min

“I’m calling you on a cell phone, but a real cell phone, a personal, handheld, portable cell phone,” Cooper, then an engineer at Motorola, said on the phone to Joel Engel, head of AT&T-owned Bell Labs. “I was not surprised that everybody has a cell phone,” Cooper, now 94, told CNN. Today, 97% of Americans own a cell phone of some kind, according to a 2021 study by Pew Research Center. I know there are disadvantages to the cell phone. “Overall, I think the cell phone has changed humanity for the better and that will continue in the future.”

☆ Big tech companies continue cost cutting
▼ + stars: | 2023-04-03 | by ( Paayal Zaveri | ) www.businessinsider.com time to read: +5 min

Tech companies have chased short-term fads in a desperate attempt to win the favor of Wall Street investors — and it's making the online experience worse. As tech companies continue to focus on efficiency, it's clear that one metric is the most important: revenue per employee. After years of over-hiring, tech companies are now looking to squeeze the most efficient performance from each worker, my colleague Hasan Chowdhury reports. But it's another sign that tech companies are drifting away from pro-remote work policies. Google, Meta, and Microsoft have all failed to make their AR and VR devices into mainstream successes.

☆ Half of Americans support a US ban on TikTok, but many are unsure, Pew survey says
▼ + stars: | 2023-03-31 | by ( Brian Fung | ) edition.cnn.com time to read: +1 min

Washington CNN —Half of Americans support a US government ban on TikTok, while 22% oppose the idea and more than a quarter are unsure, according to a Pew Research Center survey released Friday. But it also underscores that significant portions of the country, 28% of Americans, remain uncertain about a ban on TikTok, suggesting they do not have firm views on the matter. Some 19% of TikTok users did express support for a US government ban, however. The survey found, however, that most Americans — nearly two-thirds (64%) — are aware of TikTok’s China connection. There is a partisan gap as well, with 60% of Republicans or those who lean Republican in favor of banning TikTok, Pew found, compared to 43% of Democrats or those who lean Democratic.

☆ New York man gets 22 years in jail over killing of Chinese immigrant
▼ + stars: | 2023-03-31 | by ( ) www.reuters.com time to read: +1 min

March 31 (Reuters) - A New York City man who pleaded guilty to manslaughter and a hate crime in the 2021 killing of a Chinese immigrant has been sentenced to 22 years in prison, authorities said. Police surveillance video of the April 2021 attack showed Ma being knocked down from behind and kicked in the head multiple times by a lone man. Ma was a pastry chef who came to the U.S. with his wife two years before the attack, U.S. media have reported. Bragg's office said Powell admitted in his plea that he targeted Ma due to his Asian heritage. The attack on Ma came a month after a shooting spree at three Atlanta spas left eight people dead, including six Asian women.

☆ Nearly half of American workers don't take all of their PTO
▼ + stars: | 2023-03-31 | by ( Aaron Mok | ) www.businessinsider.com time to read: +4 min

46% of American workers take less paid time off than they are offered, per the Pew Research Center. Respondents worry taking time off will slow down their career advancement, among other concerns. They found that nearly46% of American workers aren't taking all of their allotted paid time off. Lower-income workers said they were "more likely" to worry about losing their jobs for taking all of their time off than "middle and upper-income workers." Workers "want to know they can take time off when they need it," she said, "but this new data shows us that many workers don't. "

Women still earn 18% less than men, but a new report shows a rise in homeownership for single women. Fintech CEOs say that increased advocacy for women's rights contributed to the rise in single women's homeownership. See 30-year mortgage rates right now »Here are the top three states where single women own more homes than men:In Florida , 4.55% more single women than single men own homes, with a total of 854,297 single women homeowners in the state. In Maryland , 4.53% more single women own homes, with a total of 141,740 single women homeowners in the state. In Delaware, 4.5% more single women own homes, with a total of 28,551 single women homeowners in the state.

☆ 5 alarming stats on U.S. economic inequality in Pulitzer-prize winning author's new book
▼ + stars: | 2023-03-28 | by ( Annie Nova | ) www.cnbc.com time to read: +3 min

(Desmond's findings are based on data from a number of sources, including the U.S. Bureau of Labor Statistics and the Pew Research Center.) (Desmond analyzed tax data from a number of sources, including the Office of Management and Budget.) watch now"Most families who enjoy those subsidies have six-figure incomes and are white," Desmond writes. "There is growing evidence that America harbors a hard bottom layer of deprivation, a kind of extreme poverty once thought to exist only in faraway places of bare feet and swollen bellies," Desmond writes. Racial wealth gap is as large as in the '60sLooking at the work of other authors and Federal Reserve data, Desmond found that the racial wealth gap is as wide today as it was more than five decades ago.

☆ 3 red flags that prove it might be time to quit your job: 'Go out and make your own growth'
▼ + stars: | 2023-03-26 | by ( Gili Malinsky | ) www.cnbc.com time to read: +3 min

In 2009, Amy Porterfield had a comfortable job as the director of content development at Anthony (Tony) Robbins Companies. The job introduced her to people building online businesses, and she yearned for the kind of daily freedom the gig afforded. Porterfield ultimately left her full-time job and experimented with various businesses, including selling and creating online courses. In 2019, she launched Digital Course Academy, teaching others how to start an online course business themselves. 'You feel invisible or undervalued'Similarly, if you feel like you're being undervalued and there's no way to remedy your higher ups' treatment, consider an exit strategy.

College enrollment has declined over the last decade. Here are three reasons why college enrollment may have collapsed. Why learn when you can earnThe robust labor market may have also contributed to college enrollment falling. Such attacks on colleges over the years might have caused Republicans to question the skill benefits of a college education. Did you get a job without a college degree?

☆ India's travel industry may not overtake China soon but there are still 'massive' opportunities
▼ + stars: | 2023-03-24 | by ( Charmaine Jacob | ) www.cnbc.com time to read: +5 min

Nurphoto | Nurphoto | Getty ImagesIndia's airline industry may be on a strong growth trajectory — but don't expect India's outbound travel to overtake China's soon, aviation analysts say. "The gap between China and India is huge," Lalitya Dhavala, valuations consultant at travel analytics firm Cirium told CNBC. India's robust growth trajectoryThe analysts agree there's potential for growth in India's domestic and international travel market. In comparison to China, India has a larger share of young adults, with 40% of its population under 25 years old, Dhavala said. Late last year, Indian conglomerate Tata Group announced that Vistara will merge with national carrier Air India by March 2024.

March 23 (Reuters) - U.S. lawmakers at a congressional hearing on Thursday accused TikTok of serving harmful content and inflicting "emotional distress" on young users, grilling the Chinese-owned app's CEO on the company's outsized influence on teens. Like other social media platforms, TikTok has long faced scrutiny over its policing of content on the app. REUTERS/Evelyn Hockstein 1 2Rep. Frank Pallone, a Democrat from New Jersey, said content on TikTok "exacerbated feelings of emotional stress" in children. Pew Research Center said 67% of U.S. teens ages 13 to 17 use TikTok, and 16% of all teens say they use the app almost constantly. Reporting by Sheila Dang in Dallas and Rami Ayyub in Washington; Editing by Mark Porter and Lincoln Feast.

☆ Sinema privately trashed Senate Democrats to GOP lobbyists, saying they eat too much Jell-O and waste time
▼ + stars: | 2023-03-23 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

Sen. Kyrsten Sinema privately trashed her Democratic colleagues to GOP lobbyists. Sinema said she stopped attending party lunches because "old dudes are eating Jell-O" and it's a waste of time. Earlier this year, Sinema formally left the Democratic Party. Earlier this year, Sinema formally left the Democratic Party and became an independent, though she still caucuses with Democrats. An unnamed Senate Democrat once told Martin earlier this year that Sinema is "the biggest egomaniac in the Senate."

☆ Ron DeSantis says that if he runs for president in 2024, he gives the GOP a shot to beat Joe Biden
▼ + stars: | 2023-03-22 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

Without announcing a 2024 run, he told Piers Morgan he'd give the GOP an edge over Joe Biden. I think the country wants a change," DeSantis told Morgan. "You can't win with just Republicans," DeSantis told Morgan. Once a supporter of DeSantis, Trump has dragged the governor with insulting nicknames such as "Ron DeSanctimonious." Representatives for DeSantis, Trump, and the White House did not immediately respond to Insider's requests for comment sent after business hours.

☆ Don't lose your life savings on your phone: A millennial with a sports-betting addiction explains how he's cut back as March Madness hype mounts
▼ + stars: | 2023-03-18 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +9 min

James said sports betting was a way to "lose your life savings on your phone." But sometimes gambling addiction gets you to do crazy things." While the highs were "exhilarating," James said, gambling began to take over his life. After downloading a sports-betting app, he began by betting roughly $50 to $100 at a time on anything from baseball to hockey to tennis. But then he started winning — at one point winning roughly 14 of 16 bets — which he said was the "worst thing" that could have happened to him.

☆ Lawyer who has negotiated salaries for decades: Female clients were offered less '100% of the time'
▼ + stars: | 2023-03-16 | by ( Gili Malinsky | ) www.cnbc.com time to read: +3 min

Justice is a longtime entertainment lawyer and spent decades representing an array of clients ranging from male and female executives to talent like rapper Jay-Z. When she expressed how much her female clients were looking to get paid, she says, "I got ridiculous pushback." Here are some of the excuses she heard most often for why her women clients didn't get offered what their male peers did. It was assumed, by contrast, that single men would one day need to support their families. When Justice asked for a salary comparable to the client's male counterparts, the in-house counsel she was negotiating opposite "laughed at me," she says.

☆ Banning TikTok would be an early Christmas gift to Mark Zuckerberg
▼ + stars: | 2023-03-16 | by ( Grace Kay | ) www.businessinsider.com time to read: +5 min

A TikTok sale or US ban could be a boon for Mark Zuckerberg and Meta. Instagram Reels could see a boost from a shift away from TikTok in the US, experts say. Zuckerberg has much to gain from a TikTok ban. It would be like Christmas coming early for Meta, which is looking to boost engagement of its rival service, Instagram Reels. In the short term, apps like Instagram Reels and YouTube Shorts could also see a boost.

☆ The pay gap has stalled and parenthood is a big reason why
▼ + stars: | 2023-03-14 | by ( Madison Hoff | ) www.businessinsider.com time to read: +6 min

Caregiving and parenthood could be contributing to the gap in earnings between men and women. It provides a striking way of thinking about the gender pay gap. Pew Research Center also looked at how the pay gap has evolved over time and found that it has stalled. For instance, a research paper from Patricia Cortés and Jessica Pan found that "by the 2010s, child-related inequality accounted for nearly two-thirds of the overall gender pay gap in the U.S." Additionally, according to a fact sheet from NWLC, there's a pay gap between mothers and fathers. A Pew Research Center survey asked US adults why they think the pay gap persists.

☆ The wage gap gets worse for women in their 30s and 40s—and it's not just the 'motherhood penalty'
▼ + stars: | 2023-03-14 | by ( Morgan Smith | ) www.cnbc.com time to read: +4 min

Women face a wage gap at every point in their careers, a gap that gets worse as they age and progress through their work lives. This difference in earnings is perhaps the most obvious once women hit their 30s, which is also when the gap begins to widen. Last year, 66% of working women ages 35 to 44 had at least one child at home, compared to just 39% of women ages 45 to 54, Kocchar found. But the explanation for why progress toward narrowing the pay gap stalls once women enter their mid-30s extends beyond the so-called "motherhood penalty." Experiencing early wage discrimination has a "compounding effect" that can hurt women's earnings potential for years to come, she adds.

☆ Premarket stocks: The Fed wants to limit wage growth. That's particularly bad for women
▼ + stars: | 2023-03-10 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

What’s happening: Never-married women earned just 92% of what never-married men did last year, according to the Wells Fargo report. Those wage gaps are “persistently disappointing,” ADP’s Chief Economist Nela Richardson told CNN on Thursday. Markets suffer: Companies with smaller gender pay gaps tend to be rewarded by their shareholders. “The gender pay gap is informing investment strategies,” wrote Refinitiv analysts in a recent report. “Our recent analysis shows that [shares of] companies with no gender pay gap outperform companies with pay gaps between male and female employees,” wrote Refinitiv.

☆ Barbara Corcoran shares her simple yet effective negotiating strategy: It's about 'ego and timing,' not 'price'
▼ + stars: | 2023-03-09 | by ( Megan Sauer | ) www.cnbc.com time to read: +3 min

"Negotiation really has to do with ego and timing," Corcoran tells CNBC Make It. Roughly three decades ago, Corcoran was approached with an offer to sell her real estate business The Corcoran Group, and she was interested in cashing out, she says. So, when real estate company NRT offered her $22 million for The Corcoran Group roughly 10 years later, in 2001, she quickly submitted her counteroffer — asking for $66 million instead. "As a real estate broker running 1,000 sales agents, I had to teach them negotiating skills," Corcoran says. But the trend dissipates as women gain negotiating experience, noted a 2015 moderator analysis published in The Psychological Bulletin.

☆ Women aren't investing at the same rate as men. Here's why it matters—and how the gap can be closed
▼ + stars: | 2023-03-09 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

BNY Mellon also interviewed 100 global asset managers with $60 trillion in assets under management. One is that the investment industry isn't engaging women to the same degree as men, BNY Mellon's research found. Then there is the high hurdle of the disposable income women think they need to have before they invest. On average, women around the world believe they need $4,092 a month before they would consider investing any of it, BNY Mellon found. "Once you control for income, many of those differences between men and women and investing behaviors kind of disappear.

☆ I've lived with my husband for 5 years—he does all the cleaning. Here's how we split chores to avoid fighting
▼ + stars: | 2023-03-08 | by ( Alexandra Hayes Robinson | ) www.cnbc.com time to read: +2 min

On Sundays, he asks me to leave the house so that he can commence on what he calls "Deep Clean Day." A majority of women (59%) say they do more chores than their partner, while 6% say their partner does more, according to a Pew Research Center survey. But in the five years that we've lived together, Brian has always preferred to do the cleaning. How we split household choresWe came up with our division of chores together by asking four questions: What do we each enjoy doing? And it doesn't need to, because we assign ourselves to the tasks that we can stand, and avoid the ones that we dread.

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