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☆ How long should you support your adult children? Parents — and their kids — weigh in
▼ + stars: | 2023-04-10 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +3 min

And, as it turns out, kids and parents don’t agree on just when exactly that time should be. Baby Boomer and Gen X parents beg to differ, saying their kids should pony up starting at age 21. The Bankrate survey doesn’t specify how many respondents are living with their parents or, conversely, their adult children. Nearly 7 in 10 parents with children 18 or older said they have made a financial sacrifice to help their grown-up kids, according to the survey. Low-income parents — defined as those making $50,000 or less a year — were most likely to say they have made financial sacrifices to help their adult children.

☆ Working from home: The latest on who is WFH and who isn't
▼ + stars: | 2023-04-09 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +6 min

In other words, 72.5% of private-sector organizations — up from 60% in the July-to-September 2021 period — said they did not have employees working remotely. The BLS survey also interpreted respondents’ answers as referring to a company’s formal telework policies, not whether some employees informally work remotely on occasion, such as responding to work emails from home. The same survey respondents said their employers plan to allow employees to work remotely 2.2 days a week, for those who can. “I have talked to hundreds of organizations about WFH [working from home] over the past three weeks, and this is now clearly stabilizing to a post-pandemic norm,” he said in an email. In Pew’s February survey, 35% of people who could work remotely were doing so full time, down from 55% in October 2020, but still well above the 7% of people working remotely full-time before the pandemic.

☆ The GOP risks blowing its 2024 chances by enlisting fringe pols and pushing issues normal voters don't care about
▼ + stars: | 2023-04-08 | by ( Madison Hall | ) www.businessinsider.com time to read: +6 min

The New York Times reported Trump wanted to hire far-right xenophone Laura Loomer to his campaign. The potential hire shows how far the Republican Party has moved from the median voter. It's just another example of how out of touch the Republican Party has become with the average voter. The Republican Party has yet to win the popular vote in presidential elections since 2004. Should the party keep hiring oddballs and pursuing culture war issues while failing to address substantive issues affecting the country, it's unclear that will change.

☆ 8 sustainability experts on the front lines share concrete reasons to be hopeful about the climate crisis
▼ + stars: | 2023-04-06 | by ( Lily Katzman | ) www.businessinsider.com time to read: +1 min

It's common to have mixed feelings about the climate crisis. In a Pew Research survey conducted in 2021, 72% of respondents reported feeling at least somewhat concerned that climate change would harm them, and 80% said they were willing to make changes in their lives to reduce the effects of climate change. To ground our coverage, we've convened an advisory council of some of the most impactful leaders in the climate world. They've dedicated their lives to ensuring the future of the planet — and they're igniting movements to correct the inequities exacerbated by the crisis. We asked each council member to share what they're most hopeful about when it comes to the climate crisis, as well as the bright spots that push them forward.

☆ Gary Vaynerchuk to managers: Forget a 4-day workweek. If you want to make your people happy, fire the jerks.
▼ + stars: | 2023-04-06 | by ( Jason Lalljee | ) www.businessinsider.com time to read: +6 min

Gary Vaynerchuk said companies should fire the "assholes" creating "toxic" work environments. He has also said recently that companies need to appeal to Gen Z better, given their many work options. In TikToks posted this week, Vaynerchuk railed against "toxic work environments," slamming companies for retaining employees and management that compromise the "joy" of their staff members. "Joy doesn't come from four-hour workweeks," Vaynerchuk said in one video, seeming to reference the current movement for a four-day workweek. And Vaynerchuk is betting that people also want to be treated right while on the clock.

☆ Uganda’s anti-gay bill is the latest and worst to target LGBTQ Africans
▼ + stars: | 2023-04-06 | by ( Aditi Bhandari | ) www.reuters.com time to read: +14 min

Same-sex activity in Africa is punishable by … Map of the 32 African countries where same-sex activity is illegal. Same-sex activity in Africa … Map of the 22 African countries where same-sex activity is legal. In 1993, Guinea-Bissau became the first African country to legalise LGBTQ activity when it adopted a new Penal Code that didn’t include any laws criminalising it. Country Constitutional protection Broad protections Employment Hate crime Incitement Marriage or civil union Adoption Angola No Yes Yes Yes Yes No No Botswana No No Yes No No No No Cape Verde No No Yes Yes No No No Gabon No No No No No No No Guinea-Bissau No No No No No No No Lesotho No No No No No No No Mozambique No No Yes No No No No Sao Tome and Principe No No Yes Yes No No No Seychelles No No Yes No No No No South Africa Yes Yes Yes No Yes Yes YesNote: Broad protections include laws protecting against discrimination in at least 3 of 4 categories: the provision of goods and services, housing, healthcare and education. Namibia and Mauritius criminalise same-sex activity, but around 35% of respondents said they would dislike having a gay neighbour.

☆ 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.

☆ 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.

☆ Milk consumption is down 20% among younger generations: 'I feel like this is another punch line about us'
▼ + stars: | 2023-04-05 | by ( Aidan Pollard | ) www.businessinsider.com time to read: +3 min

Gen Z milk consumption is down 20% compared to other generations. To combat the drop, the dairy industry is scrambling with campaigns and other efforts to increase milk's popularity. But even some of the poster children for dairy milk aren't drinking the stuff, the New York Times reported. She said she began avoiding dairy milk after she learned of its negative impacts on her sports-induced asthma, and after her sister became a vegan. Still, using figureheads like Zapata, the dairy industry wants milk to be in the good graces of millennials and Gen Z.

☆ The Fed could easily drive Black unemployment much higher than the overall jobless rate
▼ + stars: | 2023-04-05 | by ( Krystal Hur | ) edition.cnn.com time to read: +7 min

However, the jobless rate isn’t expected to be that low for long. While that’s a small improvement from the central bank’s previous 4.6% jobless rate estimate, economists say it’s possible the unemployment rate could rise above the Fed’s expectations. It can be difficult to slow an unemployment spiralEconomists say it’s hard to guess the trajectory of the unemployment rate this year, noting it could very well exceed the Fed’s estimate. As such, the Fed’s tightening efforts could easily drive the Black unemployment rate much higher than the overall jobless rate, said William Spriggs, an economics professor at Howard University and chief economist to the AFL-CIO. The Black unemployment rate will easily get to 9% in that scenario.”One other likely consequence of growing unemployment is slowing wage growth, Bivens said.

☆ 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.

☆ As the cost of living skyrockets, 23% of couples stay together mainly because of money constraints
▼ + stars: | 2023-03-31 | by ( Jessica Dickler | ) www.cnbc.com time to read: +1 min

Money can be a relationship's downfall; it can also be the reason couples stay together. With more Americans feeling financially constrained, 23% of all couples are primarily staying in their current relationships due to financial dependency, according to a new report by LendingTree. Between sky-high inflation and stubborn gender dynamics, "I am not surprised at all," said Stacy Francis, a certified financial planner and president and CEO of Francis Financial in New York. Couples in committed relationships also tend to do better financially. A Pew Research study found that men and women both earned more and were more financially sound in a relationship.

☆ 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.

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.

☆ 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. "

☆ The High Seas Treaty, Explained
▼ + stars: | 2023-03-30 | by ( Haphazard Authority On Ocean Resources | ) www.reuters.com time to read: +12 min

Global News Changing Tides The first international agreement to protect the world's oceans aims to create “international parks” in the high seas. The high seas represent 95% of the world’s total habitat by volume, but the nautical world remains largely unexplored. “A sentiment we often encountered was that there’s not much in terms of biodiversity out there in the high seas,” he said. MPAs that already exist mostly occupy exclusive economic zones and only make up about 3% of the high seas. A 2016 Pew study on mapping governance in the high seas showed 19 governing bodies with a high seas mandate.

☆ DeSantis' policies are controversial even among his supporters. They might come back to bite him, even in a primary
▼ + stars: | 2023-03-28 | by ( Madison Hall | ) www.businessinsider.com time to read: +7 min

DeSantis supporters revealed they were less inclined to vote for him after learning about his policies. Diving into the poll's results, 40% of all respondents — over 620 respondents — said they "definitely" or "might" vote for DeSantis. The pollster then asked respondents about eight of the policies that DeSantis has championed as governor, but didn't note the relation to DeSantis. Looking at the poll's crosstabs, however, and it appears that DeSantis supporters were less likely to vote for him after learning about his policies. DeSantis' signature achievements are unpopular amongst the massesDeSantis, along with the Florida legislature, hasn't shied away from unpopular policies in the past.

☆ 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?

☆ Investing isn't free. But here's why 20% of investors think it is
▼ + stars: | 2023-03-25 | by ( Greg Iacurci | ) www.cnbc.com time to read: +6 min

Investment fees may be a worthy addition to that list in the modern era — though not all investors are aware of this near-universal fact. These firms — whether an investment fund or financial advisor, for example — generally levy investment fees of some kind. watch now"And that makes you much less sensitive to the fees you're paying — in amount and whether you're paying fees at all." Here's the good news for many investors: Even if you haven't been paying attention to fees, they've likely declined over time. This is largely due to investors' preferences for low-cost funds, particularly so-called index funds, Morningstar said.

☆ 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.

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