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☆ How Much Rent Can I Afford?
▼ + stars: | 2023-05-11 | by ( ) www.wsj.com time to read: +7 min

Paying too much in rent could leave you struggling to pay your other bills or unable to save for the future. Here’s how financial planners say you can make sure your rent is in line with your income and goals. Experts we spoke to recommend keeping rent costs below 25% to 30% of your monthly income. Another factor to consider is whether spending a little more on rent could help you save on other costs. When it makes sense to spend lessIt can make sense to spend less than 30% of your net income on rent if you have other large expenses.

Persons: Kevin J, Ryan, isn’t, “, ”, Christopher Lyman, James Guarino, Baker Newman Noyes, Guarino, Garrett Sorensen, Akeiva, Ellis, Sorensen, you’re, it’s Organizations: Financial Advisors, ”, Utilities Locations: Newtown, Penn, Woburn , Mass, Boston , New York, San Francisco, Old Hickory, Tenn, Natick, Mass

☆ When my son was accepted into Penn State for grad school, we learned he could negotiate the offer. He got an additional $52,000 in funding.
▼ + stars: | 2023-05-11 | by ( Ann Peck | ) www.businessinsider.com time to read: +4 min

My son was accepted into Penn State for grad school and offered over $25,650 a year in funding. He's heading to Penn State in July, having earned over $300,000 in funding. He outlined his best offer and his desire to select Penn State if it could match the offer and consider additional funds for the summer. He scored another $52,000 in funding from Penn State, to be paid out over five years. He starts working in the lab at Penn State in July.

☆ Pennsylvania battery maker ordered to pay $22 million in back wages after DOL rules it denied thousands of workers overtime
▼ + stars: | 2023-05-11 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +3 min

A Pennsylvania battery maker was ordered to pay 7,500 workers $22 million in unpaid overtime. The DOL said East Penn Manufacturing Company Inc. didn't pay employees for their time spent preparing to work in hazardous conditions. During its investigation, the DOL found that East Penn employees were only being paid for their contracted 8-hour shifts. In a statement to Insider, a spokesperson for East Penn said the jury also found that East Penn did not act in a knowing or reckless disregard of the law. "East Penn appreciates the time and attention of the jurors over the course of this lengthy andcomplex trial.

☆ Backup Power: A Growing Need, if You Can Afford It
▼ + stars: | 2023-05-06 | by ( Ivan Penn | Peter Eavis | ) www.nytimes.com time to read: +1 min

“The neighborhood has lost power a whole lot, but I have not,” Ms. Dudley said. Ms. Dudley estimates that her utility bills are about $2,300 a year lower because of that investment and her geothermal system. Generator companies believe that growing electricity usage and the threat of outages will keep demand high for their products. Many people also bought generators because of severe weather, including an extreme heat wave in 2021 in the Pacific Northwest, and winter storm Uri, which caused days of blackouts in Texas and killed an estimated 246 people. “People are thinking about this,” Mr. Jagdfeld said, “in the context of the broader changes in climate and how that may be impacting not only the reliability of power but the things that they need that power provides.”

Starship is SpaceX's next-generation rocket crucial for the company's commercial launch business and Musk's aim to start human colonies on Mars. The U.S. offers few such options and export controls would make building a foreign launch site difficult. SpaceX has eyed another Kennedy Space Center launch site for future Starship launches, LC-49, a few miles from LC-39A. But that location is in the midst of a lengthy environmental review that could take years. Plans for that orbital launch site, Spaceport Camden, were nixed by a local referendum after a lawsuit raised concerns about its environmental impact.

☆ Here are Tuesday's biggest analyst calls of the day: Apple, Ferrari, Dell, Tesla, Chegg, Penn & more
▼ + stars: | 2023-05-02 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

"We initiate coverage of AMRC shares with a Buy rating and $60 PT implying ~45% upside potential." Barclays downgrades Shoals to underweight from equal weight Barclays said in its downgrade of the solar company that shares of Shoals are overvalued. Morgan Stanley upgrades Dell to overweight from equal weight Morgan Stanley says it's getting more constructive on shares of the PC giant. " Barclays initiates Ferrari as equal weight Barclays said in its initiation of the stock that it's waiting for a better entry point. Cowen reiterates Target and Walmart as outperform Cowen said it's standing by its outperform rating on the big box giants.

☆ Ex-Clinton pollster promoting DeSantis as a way to defeat Trump is 'dangerous,' Democratic group warns
▼ + stars: | 2023-05-01 | by ( Nicole Gaudiano | ) www.businessinsider.com time to read: +5 min

An ex-Clinton pollster boosted Ron DeSantis and dismissed Joe Biden as the way to defeat Donald Trump. Mark Penn's commentary is "significant" and "dangerous," on Democratic group, Third Way, warns. Ron DeSantis — and dismissal of President Joe Biden — as the way to defeat former President Donald Trump in 2024 is "significant" and "dangerous," one Democratic group warned on Monday. "There is nothing 'dangerous' in questioning whether Joe Biden can beat Donald Trump," he added. "If we do get to the Biden/Trump rematch, I will surely be writing 'How Joe Biden can beat Donald Trump,'" he wrote.

☆ The Glory Days of the American Mall
▼ + stars: | 2023-04-29 | by ( Rich Cohen | ) www.wsj.com time to read: 1 min

Sean Penn (right) and Robert Romanus in ‘Fast Times at Ridgemont High’ (1982). Photo: Universal/Everett CollectionIn 1982, the mall meant freedom. Some started at The Sweet Factory, then spent the afternoon dipping a hand into the candy bag like a wino with a bottle. “Fast Times at Ridgemont High” was our mall epic, as “Apocalypse Now” was the epic of the Vietnam War. It captured the mood, and, in doing so, told us where we were going and where we had been.

☆ Don’t Count Ron DeSantis Out
▼ + stars: | 2023-04-28 | by ( Mark Penn | ) www.wsj.com time to read: +1 min

Wonder Land: A beside-the-point president is the best thing that has ever happened to the progressive centralization project. Images: Warner Bros/Kobal/Shutterstock/AP/Zuma Press Composite: Mark KellyCan Ron DeSantis beat Donald Trump? When Mr. Trump was the challenger, he polished off Jeb Bush , the Florida governor who once led the pack. Mr. Trump leads Mr. Biden in the RealClearPolitics polling average. A Trump-Biden rematch is a risky proposition, and with the Democrats consolidated around Mr. Biden, the only way to avoid it is through the Republican primary.

☆ Will Levis, widely expected to be picked in first round of 2023 NFL Draft, suffers awkward moments as he isn’t chosen
▼ + stars: | 2023-04-28 | by ( Ben Morse | ) edition.cnn.com time to read: +3 min

Those cutaways during the NFL Draft to hopefuls waiting for their names to be picked as other players are chosen ahead of them. Will Levis, the quarterback from Kentucky, was widely projected to be drafted in the first round, if not the top 10 selections. Levis waits in the Green Room with family at the 2023 NFL Draft. Levis waited, waited, waited and waited. But when the final pick was turned in and it Levis’ name wasn’t on that ticket, the waiting game was over.

☆ Fact-Checking the Kickoff to Biden’s Re-election Campaign
▼ + stars: | 2023-04-26 | by ( Linda Qiu | ) www.nytimes.com time to read: +1 min

Moreover, Mr. Biden’s first two years in office followed historic job losses wrought by the coronavirus pandemic in Donald J. Trump’s presidency. Mr. Biden was born in November 1942 at St. Mary’s Hospital in Scranton, Penn., according to biographies. Mr. Finnegan died at St. Mary’s Hospital, but in May 1957, when Mr. Biden was a teenager, not before he was born. What Mr. Biden Said“My first two years in office I’ve lowered the deficit by a record $1.7 trillion.”This needs context. But much of that decline can be attributed to the expiration of pandemic-era spending, according to the Committee for a Responsible Federal Budget, which presses for lower levels of spending.

☆ Covid-sniffing dogs can help detect infections in K-12 schools, new study suggests
▼ + stars: | 2023-04-24 | by ( Jacqueline Howard | ) edition.cnn.com time to read: +10 min

Months prior, Glaser and her team were implementing the school’s Covid-19 testing program, using antigen nasal swab tests. It’s not as simple as just handing those things out at school and having the kids do them,” said Glaser, who oversaw antigen testing programs at some California public schools. For now, Glaser and her colleagues described in a new study the lessons they learned from the Covid-19 dog screening pilot program that they launched in some California K-12 public schools. In comparison, Covid-19 BinaxNOW antigen tests have been shown in one real-world study to demonstrate 93.3% sensitivity and 99.9% specificity. The pilot program within California public schools also has left Edwards with hope for future opportunities in which canines can help detect disease in humans.

☆ Rising sea levels may have forced the Vikings out of a successful settlement
▼ + stars: | 2023-04-18 | by ( Katie Hunt | ) edition.cnn.com time to read: +4 min

Why they abandoned a successful settlement is a mystery that historians never have been able to fully explain. The idea that sea levels would have been rising as temperatures fell is a little counterintuitive, according to the researchers. However, Earth’s oceans aren’t like a bathtub, and the study noted that changes in sea level don’t affect all areas equally. The Greenland Ice Sheet readvanced during Viking occupation of the eastern settlement and peaked in the Little Ice Age. That advance caused sea level rise near the ice margins because of the sinking of Earth’s crust, according to the study.

☆ Here are Monday's biggest analyst calls: Tesla, Netflix, Zoom, Biogen, Okta, Amazon, HP Inc. & more
▼ + stars: | 2023-04-17 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

JPMorgan upgrades HP Inc. to overweight from neutral JPMorgan said in its upgrade of HP Inc . that it sees "resilient revenue and margins." JPMorgan upgrades Ollie's to neutral from underweight JPMorgan said it has more confidence in management's same-store sales guide. JPMorgan downgrades Dell to neutral from overweight JPMorgan said in its downgrade of Dell that HP Inc. is better positioned right now. JPMorgan reiterates Amazon as overweight JPMorgan said it came away "incrementally positive" from Amazon's investor letter last week. JMP downgrades Penn to market perform from market outperform JMP downgraded the stock mainly on valuation.

☆ Biden strolled on stage to Irish punk band Dropkick Murphys as he greeted fans in Ireland. The band's frontman famously called Trump "the greatest swindler" in history.
▼ + stars: | 2023-04-15 | by ( Sarah Al-Arshani | ) www.businessinsider.com time to read: +2 min

Ireland cheered Biden as he made his entrance to a song by the Dropkick Murphys on Friday. The president came out to the song "I'm Shipping Up to Boston" in Ballina, Ireland. The band's frontman once called Trump the "greatest swindler" in history. The hard-driving punk song, "I'm Shipping to Boston," by the band Dropkick Murphys is an Irish-American anthem beloved in both countries. During a show in September last year in Allentown, Penn., Casey unleashed on Trump, calling him the "biggest swindler" in history.

☆ What Are People Even Doing All Day?
▼ + stars: | 2023-04-12 | by ( Malia Wollan | ) www.nytimes.com time to read: +12 min

For Laroi, there is no clearly defined day or night. Sometimes he drives all night and sleeps all day; sometimes he sleeps all day and drives all night. One day a week, Sophie works late so she can meet with far-flung colleagues in real time. Now she has enough energy left at the end of the day to go grocery shopping and cook dinner. The time markers reflect the time of day when participants told an interviewer they would normally be doing the activity shown.

☆ This Ivy League school could earn you the highest salary—and it's not Harvard or Yale
▼ + stars: | 2023-04-11 | by ( Kamaron Mcnair | ) www.cnbc.com time to read: +1 min

There are plenty of reasons to attend an Ivy League institution if you're one of the lucky students to be admitted. The University of Pennsylvania in particular reports the highest median incomes among former attendees who received federal aid. Even those who don't make it to the highest echelon of wealth may be able to expect a decent salary after attending an Ivy League school. Former Ivy League attendees who received federal aid earn a median of about $90,500 a decade after starting school, according to Department of Education (ED) data. Here's a look at all eight Ivy League schools, ranked by median earnings among federal aid recipients.

☆ MLB roundup: Rays crush A's, run opening win streak to 9
▼ + stars: | 2023-04-10 | by ( ) www.reuters.com time to read: +11 min

The Rays' matched the 2003 Kansas City Royals for the hottest streak to start a season in baseball's wild-card era. The Rays' plus-57 run differential through nine games is the largest ever in MLB since 1900. Padres starter Seth Lugo (2-0) gave up one run on five hits and four walks with five strikeouts over six innings to earn the win. Chicago starter Michael Kopech (0-2) gave up one run and two hits in six innings, with three walks and five strikeouts. Rangers starter Jon Gray (1-1) allowed Edwin Rios' two-run homer in the second inning.

☆ Wall Street says bad news is no longer good news. Here’s why
▼ + stars: | 2023-04-09 | by ( Krystal Hur | ) edition.cnn.com time to read: +6 min

New York CNN —There’s been a seismic shift in investor perspective: Bad news is no longer good news. Markets teetered after a slew of economic reports signaled that the red-hot labor market is finally cooling (more on that later), flashing warning signals across Wall Street. Now that Wall Street is in “bad news is bad news and good news is good news” mode, it will be looking for signs that the economy remains resilient. President Joe Biden said in a statement Friday that the March data is “a good jobs report for hard-working Americans.”The March jobs report revealed that US employers added a lower-than-expected 236,000 jobs last month. The jobs report was also the first one in 12 months that came in below expectations.

☆ Russia is facing stagnating innovation, more dependence on China, and will become a state-led economy as war in Ukraine drags on, economists say
▼ + stars: | 2023-04-08 | by ( Morgan Chittum | ) www.businessinsider.com time to read: +5 min

Experts weighed in on how Russia's war effort is impacting its economy a year after the invasion of Ukraine. The longer the conflict persists the more likely Russia is to depend on China for resources, experts said. Economists says the country will be facing a myriad of obstacles, including a slowdown of productivity and diminished innovation. A more state-led economyAs sanctions weigh on its economy, Russia has been undergoing a structural transformation to become self-sufficient. Nichols added: "I firmly believe that someday Russia will be a productive member of the global community and global economy.

☆ Trump Indictment Accelerates America’s Race to the Bottom
▼ + stars: | 2023-04-06 | by ( Mark Penn | Andrew Stein | ) www.wsj.com time to read: +1 min

The demonization of political opponents is entering its next depressing but predictable phase—the use of the most partisan parts of the criminal-justice system to arrest and prosecute political opponents on flimsy charges. Too much of the public, increasingly divorced from bedrock national values, is cheering it on. It’s the logical extension of Donald Trump’s claiming he won the election he lost; of Joe Biden’s branding “MAGA Republicans” a “clear and present danger” to “our democracy”; of right-wing groups planning and executing an assault on the Capitol; of the Russia-collusion hoax; of partisan impeachments; of tech companies censoring political and scientific information to promote ideological and partisan agendas; of retired intelligence officials interfering with the 2020 election by making false claims about the Hunter Biden laptop; of law students shouting down federal judges with the encouragement of university administrators.

☆ MLB roundup: Kodai Senga shines in debut as Mets down Marlins
▼ + stars: | 2023-04-03 | by ( ) www.reuters.com time to read: +12 min

[1/2] Apr 2, 2023; Miami, Florida, USA; New York Mets starting pitcher Kodai Senga (34) pitches against the Miami Marlins in the first inning at loanDepot Park. /Rhona Wise-USA TODAY SportsApril 3 - Right-hander Kodai Senga struck out eight batters in his major league debut, leading the New York Mets to a 5-1 win over the host Miami Marlins on Sunday afternoon. Marlins starter Trevor Rogers (0-1) lasted just 4 1/3 innings, allowing four hits, two walks and four runs, three earned. He allowed one run on three hits while walking two and striking out six in his first start of the season. Two of Houck's five hits allowed were home runs by Baltimore's Adam Frazier (3-for-4, two RBIs, two runs) and Cedric Mullins (2-for-5, run, three RBIs).

☆ US energy stocks join European peers' rally after surprise oil output cut
▼ + stars: | 2023-04-03 | by ( ) www.reuters.com time to read: +2 min

April 3 (Reuters) - U.S. energy stocks hit an over one-month high on Monday, following a rally in European peers as crude prices rose more than 6% following a surprise announcement by Saudi Arabia and other OPEC+ oil producers to cut production. The S&P 500 energy index (.SPNY) added 4.2%, eying its best day in six months, while the benchmark S&P 500 (.SPX) traded flat. So any amount of oil price incrementally higher from here is very good for margins and it's very good for these stocks." Other oil producers Occidental Petroleum (OXY.N), ConocoPhillips (COP.N), Devon Energy (DVN.N), Marathon Oil (MRO.N) and APA Corp (APA.O) gained between 6.3% and 9.5%. Alastair Syme, head of energy research at Citi, said investors had recently been reducing the weight of energy stocks in their portfolios, and that any move to re-weight would likely benefit most of the largest cap stocks.

☆ Cramer: Here's why I plan to trim some stocks at this stage of the bull market
▼ + stars: | 2023-04-02 | by ( Jim Cramer | ) www.cnbc.com time to read: +17 min

Back when bulls were everywhere From the time the great bull market began in 1982 until the financial collapse of 2007, we pretty much assumed stocks would always go higher. We often forget what the Great Recession of 2007 to 2009 was all about. A runaway bull market in all but banks — which are actually fueling the rally with their own ineptitude. My closing take, though, is that we have at last shaken off the ghosts of the Great Recession. But accept we are in a bull market and recognize that those who don't know it yet never will.

☆ This Philly suburb is the No. 1 best place to live in America for the fourth year in a row
▼ + stars: | 2023-04-02 | by ( Celia Fernandez | ) www.cnbc.com time to read: +1 min

The best place to live in the U.S. isn't a major metropolis such as New York City or Los Angeles, but a suburb of Philadelphia, Pennsylvania, according to Niche's 2023 ranking. The best places to live were decided based on the following factors: AffordabilityLocal housing marketNeighborhood diversityArea public schoolsWalkabilityTop 10 best places to live in the U.S. 2023Chesterbrook, Philadelphia, Pa. Colonial Village, Arlington, Va. Ardmore, Philadelphia, Pa. Hyde Park–Spanishtown Creek, Tampa, Fla. Penn Wynne, Philadelphia, Pa. City Center, Santa Monica, Calif. Cambridgeport, Mass. North Quarter, Orlando, Fla. Devon, Philadelphia, Pa. Great Neck Gardens, Long Island, N.Y. Chesterbrook, Pennsylvania, is the No. 1 best place to live in America for the fourth year in a row. The Philadelphia suburb is known for its high-ranking education system.

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