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☆ Disney CEO Bob Iger says working out and eating well make him a better leader — and he couldn't do his job otherwise
▼ + stars: | 2024-11-30 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +2 min

AdvertisementDisney CEO Bob Iger says diet and exercise are critical to doing his job well. Iger said he wakes up early and works out because it gets his mind and body ready for the day ahead. Disney may be known for its magic, but there's nothing mystical about one of CEO Bob Iger's tips for excelling as a leader: diet and exercise. Iger first served as CEO between 2005 and 2020, spearheading the acquisitions of Pixar, Marvel, Lucasfilm, and 21st Century Fox's entertainment assets. AdvertisementOn the other hand, Warren Buffett, the 94-year-old CEO of Berkshire Hathaway, famously enjoys Coca-Cola, McDonald's, and other junk food.

Persons: Bob Iger, Iger, Bob Iger's, he's, I'm, you've, Tim Cook, Meta's Mark Zuckerberg, Warren Buffett, Berkshire Hathaway Organizations: Disney, Pixar, Marvel, Lucasfilm, Berkshire

☆ I taste-tested 5 coffee chains' hot chocolate, and the best was rich and creamy without being too sweet
▼ + stars: | 2024-11-30 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +7 min

AdvertisementTo find the best hot chocolate, I tried Starbucks, Peet's, Coffee Bean, Dunkin', and Krispy Kreme. For those of us trying desperately to cut back on caffeine, the humble classic hot chocolate is a top-tier choice. Peet's Coffee Peet's Coffee offered a standard cup of hot cocoa made from chocolate powder and 2% milk. AdvertisementWithout the dairy, Dunkin' hot chocolate was noticeably less creamy, though it had an intense chocolate flavor — a likely benefit of the mocha syrup on top. Though notably missing any unique toppings such as a chocolate syrup swirl or marshmallow, which would undoubtedly heighten the experience, this hot chocolate was rich and creamy without being too sweet.

Persons: Bean, Dunkin, Krispy, Leaf, Katherine Tangalakis, —, Lippert, Kreme, Krispy Kreme Organizations: Starbucks, Peet's Coffee Locations: Italy

☆ Auli’i Cravalho on ‘Moana 2’ and Making Her Broadway Debut
▼ + stars: | 2024-11-30 | by ( Sarah Bahr | ) www.nytimes.com time to read: +1 min

On a chilly November evening, wearing a light leather jacket and a scarf, Auli’i Cravalho was freezing as she plunged through a pair of gleaming doors into a candlelit bar in Midtown Manhattan. “I do not know how people layer here — I’m in total awe,” said Cravalho, who had just come from a photo shoot at a park on the Lower East Side. Like the plucky young heroine she voices in Disney’s “Moana” films — the sequel, “Moana 2,” hits theaters on Wednesday — Cravalho grew up in a tropical climate, in Kohala, Hawaii. But recently she had been living in an apartment in Hell’s Kitchen, with her partner and her best friend, while starring in the Broadway revival of “Cabaret.” Cravalho plays the singer Sally Bowles in the John Kander and Fred Ebb musical about a Berlin nightclub during the rise of fascism. That night would be her first back in the show after sitting out a few performances after she “had come this close to vocal hemorrhaging.”

Persons: “, ”, Cravalho, “ Moana, ” Cravalho, Sally Bowles, John Kander, Fred Ebb Organizations: Broadway Locations: Midtown Manhattan, “, Kohala, Hawaii

☆ 'Senna' character Laura Harrison isn't a real reporter, but she serves a key purpose in the story
▼ + stars: | 2024-11-30 | by ( Olivia Singh | ) www.businessinsider.com time to read: +4 min

F1 reporter Laura Harrison isn't based on a real person, but she serves a key purpose. Famed Formula 1 driver Ayrton Senna's life and career is the subject of Netflix's latest limited series "Senna." However, the show also introduces a fictional character, a journalist named Laura Harrison (Kaya Scodelario). Laura Harrison is a reporter who meets Ayrton Senna during his days racing in Formula FordKaya Scodelario as Laura in "Senna." Related storiesLaura Harrison isn't based on any real-life people that Senna knewGabriel Leone as Ayrton Senna in "Senna."

Persons: Ayrton Senna's, Laura Harrison isn't, Senna, Gabriel Leone, IBM's Jonathan Adashek, Laura Harrison, Kaya Scodelario, Ayrton Senna, Ford Kaya Scodelario, Laura, Enrique Mansilla, Harrison, Claire, Harrison juggles, Alain Prost, Alan Roskyn, Senna's, Milton da Silva, Neyde Senna Organizations: San Marino, San Marino Grand Prix, Ford, Netflix, Formula Ford, Norfolk Express, Formula, Autosport, McLaren Locations: San Marino Grand, Brazil, England, British, Imola, Italy

☆ Notre Dame is back – but not quite as you knew her
▼ + stars: | 2024-11-30 | by ( Joseph Ataman | ) edition.cnn.com time to read: +15 min

Five years after the flames roared and the world held its breath, Notre Dame cathedral is coming back to life. CNN teams have visited Notre Dame several times since the fire, even as the work ploughed on through Covid-19’s stranglehold on France. But for those soon to revisit Notre Dame, this improbable victory is best seen by looking up. The oak frameworks and lead roofing of the nave, choir and transept of Notre Dame were reconstructed to look exactly like the originals, according to Rebuild Notre Dame. “We use the same materials, oak and stone, and with the same techniques.”The nave of Notre Dame cathedral.

Persons: Paris CNN —, Paris ”, “, ” Philippe Jost, “ There’s, ”, Benoit Tessier, Notre Dame de Paris, Jost, Sarah Meyssonnier, Emmanuel Macron, Mark Esplin, Saskya Vandoorne, Eugène Viollet, –, Ed Jones, Virgin Mary, Patrick Chauvet, Louise Delmotte, Macron, ” Jost, Stephane de Sakutin, Viollet, Louis XIII, Marie Parant, Christophe Petit Tesson, Guillaume Bardet, Saint Louis, Sylvain Dubuisson, Brigitte Macron, Laurent Ulrich, Anne Hidalgo, King Louis the IX, It’s, it’s, Thomas Hubert, SIPA, Joel Saget, Geoffroy Van der, Ian Langsdon, Geoffroy Van Der, Nicolas Liponne, Notre, Notre Dame – Organizations: Paris CNN, Notre Dame, Notre Dame de, CNN, Notre, Workers, Reuters, National Forestry Office, Carpenters, Getty, Paris, Shutterstock Workers, Dame Locations: Notre, Paris, Covid, France, AFP, France’s, French, Geoffroy Van der Hasselt, Geoffroy Van Der Hasselt

☆ The simple 4-part filter that a legacy fund has used to beat the S&P 500 for over 2 decades
▼ + stars: | 2024-11-30 | by ( Laila Maidan | ) www.businessinsider.com time to read: +5 min

Those who threw in the towel might be licking their wounds as growth stocks continue to outperform value dramatically. Instead, it builds a simple filter based on backtested factors dating decades to determine the key variables that have worked over time, says Ryan Kelley, CIO of the fund. For the Hennessy Cornerstone Mid Cap 30 Fund, that filter has been boiled down to a four-step process used for 21 years. "We absolutely just let the numbers dictate what we own, and it takes some discipline and it takes some trust in the process," Kelley said. By the time the filter process is complete, thousands of US stocks have been filtered down to about 125 to 150, which is still too much.

Persons: Hennessy, Ryan Kelley, Russell Midcap, Kelley, we've, You'll, it's Organizations: Funds, Hennessy, 30

☆ Remote workers are swapping commute hours for side hustles
▼ + stars: | 2024-11-30 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +4 min

The higher rate of side gigs among remote workers, though small, could also stem from some evidence that productivity slows when workers are pushed to return to the office. Stanford economists found 10% lower productivity for fully remote work compared to fully in-person work. Some remote workers told BI they drive for Uber or DoorDash while working as accountants or analysts. AdvertisementBI has also reported on dozens of "overemployed" remote workers who secretly work multiple jobs to earn six-figure incomes. Many said they don't feel guilt for working multiple remote positions, even as remote roles become scarcer and harder to get.

Persons: supercommuting, —, hustlers, Jesse Singh, Natalie Fischer, She's, Patrick, didn't Organizations: Stanford, eBay Locations: California

☆ The Latino working class voted for Trump. How will his policies affect them?
▼ + stars: | 2024-11-30 | by ( Bryan Mena | ) edition.cnn.com time to read: +7 min

Republicans in this year’s US presidential election gained ground with Latino voters, a fast-growing electorate in which more than a million become old enough to vote each year. Many of those voters, dissatisfied with inflation’s eruption since the pandemic, voted for Trump in a rebuke to Biden. Trump’s policies likely won’t improve Latino livesAll eyes will be on the economy during Trump’s second administration. A majority of Latino voters don’t feel beholden to any party and prioritize issues over candidates, according to a report from the Latino Donor Collaborative. Ana Valdez, president of the Latino Donor Collaborative, said that Republicans made a greater investment in Latino voters this year, which included booking Spanish-language ads as well as pointing to high inflation.

Persons: Eduardo Sanchez, Donald Trump, Joe Biden, Biden, “, ” Sanchez, years, Trump, Kamala Harris, Chandan Khanna, Mike Madrid, Nikki Garcia, ” Garcia, she’s, ”, Monica Garcia, Perez, Stringer, Garcia, There’s, Ana Valdez, Andrew Lichtenstein, ” Valdez, Carlos Odio Organizations: Washington CNN, CNN, Trump, Security, Democratic Party, AP, Getty, Republican, Central Florida, Fayetteville State University, Monday, Shipping, Social Security, Brookings, “ Employers, Republicans, Democratic Locations: San Francisco, Nicaragua, Nevada, Pennsylvania, Trump, Miami , Florida, Cuba, Central, Mexico, Canada, China, “, Nanjing, China's Jiangsu, AFP, Puerto Rican, North Philadelphia

☆ Oracle is on pace for the best year since 1999. What led to the meteoric rise
▼ + stars: | 2024-11-30 | by ( Samantha Subin | ) www.cnbc.com time to read: +5 min

Oracle has soared 75% this year, headed for its second-best year on record and best since 1999, when shares roughly quadrupled in price. "The company is delivering a lot of value to its customers," said Dan Flax, senior research analyst at Neuberger Berman. ORCL ALL mountain Oracle, long term Now, refocusing on its cloud infrastructure business has helped Oracle master the AI ecosystem, fueling interest from investors. Still, investors such as Laffer Tengler Investments CEO Nancy Tengler view Oracle as operating in a sweet spot in the worlds of cloud computing and AI inference. "There's not a lot of companies that are growing" at the rate of Oracle.

Persons: ChatGPT, Jensen, That's, Bill Clinton, Dan Flax, Neuberger Berman, Larry Ellison, Elon Musk, hyperscalers, Angelo Zino, Zino, Robert Pavlik, Ellison, Larry, Kim Forrest, He's, Steve Jobs, What's, Forrest –, Nancy Tengler, Tengler Organizations: Oracle, Nvidia, Devices, Microsoft, Forbes, CFRA, Bokeh Capital Partners, Amazon, Tengler Locations: U.S

Black Friday is officially here, and retailers are offering notable clothing deals during the event. I frequently cover shopping events as a reporter for NBC Select, and I spent weeks combing through discounts to find the best Black Friday clothing deals actually worth shopping. SKIP AHEAD Best Black Friday clothing deals | More Black Friday clothing sales | How I picked the best Black Friday clothing deals | Why trust NBC Select? Best Black Friday clothing dealsI found, vetted and wrote about every deal I recommend below. Best Black Friday clothing salesHere are the best Black Friday clothing sales to know about.

Persons: I’ll, ”, Zoe Malin, “, Abercrombie Abercrombie, Slim Palazzo, Jordan Bowman, Mili Godio, It’s, Malin, TikTok Organizations: NBC, Black, Old Navy, Spanx, Nordstrom, Nike, Abercrombie, Wellness, Facebook, Twitter Locations: Zara

☆ New stock exchange aiming to offer 23-hour trading set to launch in 2025
▼ + stars: | 2024-11-29 | by ( Jesse Pound | ) www.nbcnews.com time to read: +1 min

A new stock exchange launching next year is on track to offer nearly round-the-clock trading on business days, pending final regulatory approvals, 24 Exchange announced late Wednesday. The 24X National Exchange will debut in the second half of 2025, with trading from 4:00 a.m. ET on Friday, with a one-hour pause each day, once the exchange clears some final hurdles with the U.S. Securities and Exchange Commission. The arrival of 24X is part of a broader push toward a wider window of time for stock trading. Certain brokerage firms, including Robinhood Markets and Interactive Brokers, already offer extended trading on certain securities to their clients.

Persons: Dmitri Galinov, 24X Organizations: Exchange, 24X, U.S . Securities, Exchange Commission, Robinhood, Interactive, “, ” Locations: Stamford , Connecticut, Asia

But Gomez, a Democrat from California, thinks his and his fellow Dads Caucus members’ focus is on point with voters, especially working-class men. And no matter what, you can’t make enough.”The caucus members, Gomez said, provide a kind of "sample and access" to American families throughout the country. According to NBC News' exit polls of 10 key states, 55% of Latino men voted for Trump. The Dads Caucus is expanding the areas they work in. … It kind of stuck with a lot of us — we were all thinking they’re fine,” he said, referring to young men.

Persons: Jimmy Gomez, “ bro, Donald Trump, Gomez, ” Gomez, ”, “, David Kim, Trump, he’s, Susan Walsh, you’re, — Gomez, Adam Schiff, Andy Kim, Ruben Gallego, don’t Organizations: “, Democratic, —, Republicans, NBC News, Trump, U.S . Senate, GOP, Senate Democrats Locations: California, Gomez’s California, Los Angeles, Boyle, Koreatown, Washington

Like rural communities across the country, Celina is seeing a housing boom that made it America’s fastest growing city in 2023. With more than 200 people moving there each week, the city projects it will have more than 100,000 residents by 2029. “Southern Collin County is just getting really, really, really expensive. Keeping Celina relatively affordable has also been a challenge for local officials with the typical home now selling for around $550,000. As land prices go up in Celina, developers like Plute’s Swindell are looking even further north to be able to build homes in the $300,000 price range.

Persons: Suzanne D’Amico, ”, D’Amico, Ryan Tubbs, Prosper, Anna, Bryan Swindell, “, Celina, LaCinda Russell, She’s, I’ve, Russell, Collin County, Kelcey Kasper, “ They’re, ” Kasper, Jasmine Hughes, Hughes, ” Hughes, Luke Thigpen, ” Thigpen, she’s, “ We’ve, “ I’ve Organizations: U.S . Department of, Celina, homebuilders, PulteGroup’s Dallas Division, Walmart, Costco, Nationwide, ” Locations: Dallas, Celina , Texas, Celina, America, California, Collin County, Princeton, Collin, Frisco, McKinney, Princeton , Texas, North Texas, it’s

Kaitlin Sonday, 25, Lincoln, Nebraska Works mainly in the beauty section at Target, making $16.50 an hour. Even so, Sonday, 25, of Lincoln, Nebraska, prefers retail to a job that would put her animal science degree to use. And if retail works for you, that’s OK, too. Kaitlin Sonday, Lincoln, Neb. “And if retail works for you, that’s OK, too.

Persons: Kaitlin Sonday, she’s, “ It’s, ”, Sonday isn’t, Sonday, “, ” Sonday, Brian Harper, Tibaldo, Italy —, don’t Organizations: Target, MIT, Brands, Hyundai, University of Nebraska Locations: Lincoln , Nebraska, Lincoln’s Lancaster County, NeighborWorks, Lancaster County, Lincoln, Neb, ZipRecruiter, Italy, Lincoln County

☆ The College Football Playoff is almost here. These games could decide the bracket.
▼ + stars: | 2024-11-29 | by ( Andrew Greif | Andrew Greif Is A Freelance Sports Journalist. | ) www.nbcnews.com time to read: +4 min

When the College Football Playoff expanded to 12 teams this season, simple math suggested that more teams in contention would correspond with more late-season drama. 16 Arizona State (9-2) at Arizona (4-7)No. Rattle off all of the 200-plus Big 12 championship game scenarios to your family and friends. 8 Tennessee (9-2) at Vanderbilt (6-5)In the SEC, Georgia has already clinched an appearance in the championship game. SMU has already earned its way into the ACC championship game and will play either Miami or Clemson.

Persons: Deion Sanders, Ole Miss, Ashton Jeanty Organizations: College Football, Oklahoma State, Arizona State, Kansas State, Iowa State, BYU, Arizona, Colorado, SEC, Auburn, Vanderbilt, Bulldogs, Vols, Volunteers, Alabama, ACC, Mountain, Clemson, Miami, SMU, Hurricanes, Syracuse, Gamecocks, Oregon State, Boise State, Broncos, Heisman Locations: Colorado, Arizona, Houston, Arizona State, Iowa State , Colorado, Alabama, Tennessee, Georgia, Texas, Alabama , Texas, Nashville, Carolina, Syracuse, South Carolina, Boise State

☆ Starbucks opens a cafe with a view of North Korea
▼ + stars: | 2024-11-29 | by ( Chris Lau | Yoonjung Seo | ) edition.cnn.com time to read: +3 min

The 30-seat cafe is located at the Aegibong Peace Ecopark in Gimpo city, about 20 miles north of the capital Seoul. Reuters“I wish I could share this tasty coffee with the people living in North Korea right in front of us,” local resident Baek Hea-soon, 48, told Reuters. North and South Korea are technically still at war, as no treaty to end the 1950 to 1953 Korean War was ever signed. South Korean veterans drink coffee at an observation deck of the Starbucks Coffee in Gimpo. In January, North Korean leader Kim Jong Un said his country would no longer seek reconciliation and reunification with South Korea.

Persons: South Korea CNN —, Reuters “, Baek Hea, Lim Jong, ”, Kim Byung, SeongJoon Cho, hyeon Kim, Kim Jong Un, Kim Organizations: South Korea CNN, Starbucks, American, Korean, Reuters, Gimpo, Bloomberg, Getty, South Koreans, Korea Tourism Organization, South Locations: Seoul, South Korea, North Korea, Gimpo city, It’s, Kaepung, Vietnam, Gimpo

At 6:20 p.m. local time on April 15, 2019, the first fire alarms sounded out in Notre Dame historic cathedral in Paris. Smoke and flames rise at Notre Dame cathedral in central Paris on April 15, 2019. François Guillot/AFP/Getty ImagesFlames and smoke billow around the gargoyles decorating the roof and sides of Notre Dame. Philippe Lopez/AFP/Getty ImagesThe steeple and spire collapse as the roof of the Notre Dame burns. Philippe Wojazer/ReutersHead here to see more images of the devastating fire at Notre Dame.

Persons: Paris ’, Guillot, Thomas Samson, Geoffroy Van Der, Philippe Lopez, Philippe Wojazer Organizations: Police, Notre Dame, Getty, AFP, Reuters Locations: Notre Dame, Paris, AFP, Geoffroy Van Der Hasselt

☆ How did Nvidia expand nearly 20-fold in just over 20 years?
▼ + stars: | 2024-11-29 | by ( Hallam Bullock | ) www.businessinsider.com time to read: +4 min

In today's newsletter, we're looking at how Nvidia expanded nearly 20-fold in just over 20 years . The big storyNvidia's meteoric riseNvidia's workforce has increased more than 20-fold in the last twenty years. The data behind the evolution of Nvidia's workforce tells the story, BI's Emma Cosgrove writes. Nvidia's workforce has grown nearly 20-fold since 2003. In 2019, Microsoft's median employee salary was nearly $20,000 higher than a Nvidia worker.

Persons: Hallam Bullock, London ., Anna Kim, Getty, Tyler Le, BI's Emma Cosgrove, Andy Kiersz, it's, Emma, Ella Hopkins, Milan Sehmbi Organizations: Business, Nvidia, Citi, Tech, Google, Microsoft, Apple Locations: London, Silicon Valley

☆ Wall Street kicks off December with jobs data on tap and S&P 500 looking to enter history books
▼ + stars: | 2024-11-29 | by ( Sarah Min | ) www.cnbc.com time to read: +5 min

A jobs report is on deck as well. In data going back to 1945, he noted, the S & P 500 gained an average 1.6% during the month, rising in price more than three-quarters of the time. With the S & P 500 already up 26% on the year, a typical December gain could place 2024 among the best years in history. The S & P 500 has had just six years with gains above 27% over the past 50 years, per FactSet. The Dow Jones Industrial Average topped 44,000 for the first time ever this month, while the S & P 500 exceeded 6,000 for the first time.

Persons: Sam Stovall, Stovall Organizations: CFRA Research, Dow Jones, Investors, PMI, Manufacturing, ADP, PMI Services, Services PMI, Hormel, Hewlett Packard Enterprise, Dollar, Kroger, Consumer Credit Locations: Santa Claus, U.S, Michigan

☆ Stocks Resume Post-Election Rise
▼ + stars: | 2024-11-29 | by ( Jeff Sommer | More About Jeff Sommer | ) www.nytimes.com time to read: +1 min

He linked the tariffs to what he said was the need to curb the inflow of drugs and undocumented immigrants. The S&P 500 rose 0.6 percent on Friday, closing at a new high of 6,032.38, at 1 p.m., after a day off for the Thanksgiving holiday. It was the last trading day of November, and the index rose 5.7 percent for the month, according to FactSet. That continued a surge that began even before the election, when Wall Street began to predict that Mr. Trump would win. His proposals for cutting taxes and easing the regulatory burden on businesses have been greeted with enthusiasm in the markets.

Persons: Donald J, Trump’s, Trump, — Organizations: Wall Locations: Canada, Mexico, China

☆ Is the vibecession about to end?
▼ + stars: | 2024-11-29 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

Optimism surged post-2016 election, with small businesses planning to hire more employees. Yes, that's a portmanteau of vibes and expansion, and it's the upbeat version of its better-known cousin, the vibecession. Advertisement"Small business owners lean Republican," said Oliver Allen, a senior US economist at Pantheon Macroeconomics, in a November 12 note. Goldman Sachs"After Donald Trump was elected the 45th President in November 2016, the National Federation of Independent Businesses (NFIB) small business optimism index skyrocketed. "We expect an improving small business operating environment will boost the sentiment and spending of SMBs in 2025 and lift the earnings and valuation of stocks with revenues tied to that spending."

Persons: Kyla Scanlon, National Bureau of Economic Research hasn't, there's, Donald Trump's, Oliver Allen, Goldman Sachs, Donald Trump, David Kostin, they're, Daniel Zhao, Louis, Zhao Organizations: National Bureau of Economic Research, Pantheon, National Federation of Independent Businesses, Chief US, Economics, Workers, Glassdoor, Louis Fed Locations: St

☆ The social media world is splintering, and it'll pave the way for a new breed of influencer
▼ + stars: | 2024-11-29 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +5 min

A splintered social media world is on the horizon — and it's paving the way for a new, more authentic breed of influencer. "People are just trying to find authentic communities," Eric Wittman, CEO of photo-editing app VSCO, told Business Insider. Smoothy said she sees things changing, with different "tiers" of content creators emerging from the industry's oversaturation. New social media horizonsLucy Edgerley, the head of influence at the global social media agency Born Social, told BI that Gen Zers, in particular, are craving creativity, entertainment, and inspiration. Young people who have grown up with social media are learning the lessons about the dark side of it — the mental health toll, the bullying, and the over-consumerism — the hard way, he said.

Persons: Reddit, Eric Wittman, Wittman, Chand Rajendra, Kate Smoothy, Smoothy, Lucy Edgerley, Zers, Kim Murray, Murray, Edgerley Organizations: University of Massachusetts Amherst, Webhive, Social, Virality

☆ Bank of England warns of risks from rise in global trade barriers
▼ + stars: | 2024-11-29 | by ( ) www.cnbc.com time to read: +2 min

Andrew Bailey, governor of the Bank of England (BOE), during the Monetary Policy Report news conference at the bank's headquarters in the City of London, UK, on Thursday, Aug. 1, 2024. The Bank of England warned on Friday that higher trade barriers could hit global growth and feed uncertainty about inflation, potentially causing volatility in financial markets and pushing up borrowing costs for businesses and consumers. While U.K. households, businesses and banks appeared to be in good shape, the BoE report said, Britain's financial sector faced risks that were "particularly relevant" given the openness of the U.K. economy. "Uncertainty around, and risks to, the outlook have increased," the report said. Bailey also stressed the importance of minimum international financial standards in the wake of the Nov. 5 U.S. election.

Persons: Andrew Bailey, BOE, Donald Trump, BoE, Bailey, Trump, Rachel Reeves Organizations: Bank of England, City of, The Bank of England, U.S, Trump Locations: City, City of London

☆ 'The data is very clear': One key element leads to increased happiness in retirement—3 ways to get it
▼ + stars: | 2024-11-29 | by ( Ryan Ermey | ) www.cnbc.com time to read: +7 min

"The data is very clear that public sector workers have better outcomes than private sector workers for that reason," she says. "There's a lot of indicators pointing to guaranteed income playing a big part in retirement confidence." The problem for many American workers: Forms of guaranteed income are getting rarer. If you have a well-diversified portfolio of high-quality dividend stocks, Dogen contends, you can essentially ignore the ups and downs of the stocks in your portfolio and focus on raking in the steady cash. Real estateUnder the right circumstances, owning rental properties can be a terrific way to earn steady income in retirement, Dogen says.

Persons: Bridget Bearden, It's, —, they've, it's, EBRI, Sam Dogen, Dogen, You'll Organizations: Research, of Labor Statistics, Social Security, CNBC

☆ The Container Store could be the next big chain to go bankrupt
▼ + stars: | 2024-11-29 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +6 min

New York CNN —Even the power of Marie Kondo may not be enough to save the Container Store. In 2019 and 2020, the Container Store got a big boost from “Tidying Up,” the hit Netflix show from the home de-cluttering evangelist. Credit rating agencies rank the Container Store as one of the most financially distressed companies in the retail industry. The Container Store had been set to receive a much-needed $40 million financial lifeline from Beyond, the owner of Bed Bath & Beyond and Overstock.com, that would have put Bed Bath & Beyond products on Container Store shelves. “The rise of platforms like Temu have given consumers some much cheaper options for the type of products Container Store sells,” Saunders said.

Persons: Marie Kondo, Kondo, Marie, Melissa Reiff, Joann Fabric, Justin Sullivan, Tim Hynes, ” Neil Saunders, Satish Malhotra, “, ” Saunders, Christina Boni, ”, “ It’s Organizations: New, New York CNN, Netflix, Research, Bed, GlobalData, CNN, Target, Container, ModernRetail, Walmart, Moody’s Locations: New York, Amazon

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