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☆ The US is still ranked as the world's most powerful country, but most people think it's unsafe, survey finds
▼ + stars: | 2022-10-29 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +3 min

The US has again been ranked the world's most powerful country, per US News & World Report analysis. "It's really high in terms of economic influence, really high in terms of a strong military, and very highly politically influential," he added. "The most positive thing is a good job market – that contributes to the economy and quality of life," Reibstein said. As of October 20, there had been 546 mass shootings in the country, according to the gun violence charity Archive. In comparison with the US, 95% of respondents regarded Switzerland, which was named the best country in the world, as a safe nation.

☆ America's best tool to fight inflation and prevent recessions is facing a dangerous death spiral
▼ + stars: | 2022-10-13 | by ( Austin Clemens | Erica Groshen | ) www.businessinsider.com time to read: +11 min

Threats to truthConsider the many benefits of having a source of trustworthy and publicly available economic data. Of course, private datasets, like those used by Opportunity Insights, the JPMorgan Chase Institute, and Earnest Research, complement federal statistics. In addition to competition from other sources, statistical agencies are facing a lack of money. Sustaining the future of statsThe good news is that statistical agencies are trying to keep up with the times. To continue producing this work, federal statistical agencies need a funding boost.

☆ Premarket stocks: How to read big bank earnings
▼ + stars: | 2022-10-13 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

Beyond disappointing headline figures, Wall Street analysts are focusing on three important factors: loan growth, capital adequacy, and the economic outlook. Loan growth: The rate at which businesses borrow money from big banks doesn’t just tell us about the health of a financial institution itself. But Wall Street estimates show that loan growth is expected to decelerate in Q4 and into next year. Growth of Individual loans will likely decline, showing that Americans are beginning to feel the pinch of rising interest rates. Capital adequacy: Expect banks to take questions about how much money they have on hand.

☆ Markets are worried the Fed is going too far
▼ + stars: | 2022-10-12 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

Wall Street is worried that yet another high reading on the Consumer Price Index will prompt another massive interest rate increase and inflict more pain on markets and the US economy. But this full-steam-ahead approach by the Fed, based on the notion that iron-clad data is protection enough, has given some economists pause. Last week’s nonfarm payroll report roiled markets, but job openings have now fallen by 1.8 million since their March peak. The IMF believes that global inflation will peak late this year, but will “remain elevated for longer than previously expected,” even as central banks work aggressively to bring it under control. ▸ The Consumer Price Index, a closely watched measures of inflation in the US is due to be released on Thursday.

Using a cash-back credit card can put money back in your pocket and take the sting out of inflation. But one interesting way to fight against inflation is by using a cash-back credit card, which can provide rewards for your daily purchases. Find the right cash back credit card for you Chase Freedom Unlimited®Capital One SavorOne Cash Rewards Credit CardCiti® Double Cash CardDiscover it® Cash BackChase Freedom Flex℠Citi Custom Cash℠ CardU.S. Bank Cash+® Visa Signature® CardCapital One QuicksilverOne Cash Rewards Credit CardDiscover it® Secured Credit CardCapital One SavorOne Student Cash Rewards Credit Card Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. $0 Annual Fee View Full Details $0 Annual Fee Apply now On Wells Fargo's websiteWells Fargo Active Cash® Card from Wells Fargo Apply now On Wells Fargo's website Card Details Rewards Earn unlimited 2% cash rewards on purchases. Using a flat-rate rewards card like the Wells Fargo Active Cash® Card, which offers 2% cash rewards on purchases you make, is a simple way to earn something back for your purchases without having to keep track of bonus categories.

☆ The dry-cleaning industry is slowly dying — and this chart makes it crystal clear
▼ + stars: | 2022-09-12 | by ( Britney Nguyen | Madison Hoff | ) www.businessinsider.com time to read: +3 min

The number of dry-cleaning establishments is falling in the US. But, as Bloomberg recently pointed out, it's not just the pandemic's fault that dry cleaning establishments are on the decline. The chart shows that dry-cleaning and laundry service establishments have been on the decline almost two decades before the pandemic started. Bloomberg also highlighted that the Environmental Protection Agency has placed restrictions on dry cleaning businesses, by placing regulations on a dry cleaning solvent called perchloroethylene. However, the data shows that laundry services and dry cleaning establishments that are coin-operated have seen a slight increase since the pandemic.

☆ The surprising backstory of AriZona Iced Tea’s name
▼ + stars: | 2022-08-27 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +4 min

So he settled on “Santa Fe” for the name of the drink. “Having a name associated with a lifestyle, which is an environment and climate that made you want to grab a refreshing iced tea. That’s why the name seemed to make sense to me.”AriZona was almost called Santa Fe. The “Snapple Lady” commercials turned the juice and iced tea company into a huge success, as sales boomed throughout the 90s. Having had his own success with a malt liquor business, Vultaggio and his partners pivoted to selling iced tea in the same-sized 23-ounce cans as their malt liquor.

☆ A Hawaii restaurant group illegally shared $59,000 tips accumulated by 70 servers among managers, DOL says
▼ + stars: | 2022-07-07 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

A Hawaii restaurant group illegally shared $58,855 of servers' tips among managers, the DOL said. The 70 servers' tips were used to top up managers' salaries after the company cut them, per the DOL. The restaurant paid $117,710 in taken tips plus damages to the servers following the investigation. The DOL said DK Restaurant Group, which operates seafood, sushi, and steak restaurants in Hawaii, reduced managers' salaries by "at least" 25% when it reopened its locations after COVID-19 lockdown — then topped up managers' salaries using tips accumulated by 70 servers. Previous investigations by the DOL have found that other restaurants have committed similar FLSA violations by withholding servers' tips, including making them participate in illegal tip pools.

☆ Europe's top hotel chain is hiring workers without experience or even résumés because it's so desperate for staff
▼ + stars: | 2022-07-05 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

The CEO of Accor, Europe's top hotel chain, said he's hiring workers without experience or résumés. Sebastien Bazin said some Accor hotels were limiting restaurant hours because of staff shortages. Hospitality workers have been quitting their jobs over wages, benefits, and working conditions. It means some hotels have been forced to widen their candidate pools — with Accor, Europe's largest hotel chain, turning to workers without experience or even résumés. Some days, Accor hotels have been forced to stop serving lunch or even completely close their restaurants because they don't have enough staff, Bazin said.

Imagining possibilities is a big part of planning; I want LGBTQ women to be able to imagine success. LGBTQ women rarely see themselves reflected in the wealthiest groupsData on both LGBTQ people and women of all orientations evidences economic precarity for many people within these lived experiences. Transgender women have an even higher likelihood of experiencing life on a low income. McKinsey reported last year that cisgender people took home 32% higher wages for the same work transgender people did. LGBTQ women and others tend to resource stability and community outside social norms.

Many factors influence your salary, many of which have nothing to do with performance. The size of the company, industry, and even your location can affect your salary. You need to know which factors affect your salary if you want to boost yours. That's because a variety of factors — not all of them fair — have an impact on your salary and how high it can be. ResponsibilityAlong with your role, the associated responsibility within the company also plays a key role in how much you earn.

Here are five ways small business owners can prepare for the first quarter. Right now, it's imperative for business owners to be prepared as they grapple with the post-pandemic "new-normal", including a recession, increased inflation, and a competitive small business landscape prompted by the "Great Resignation." Setting clear strategies for the year ahead can help entrepreneurs prepare, even if they're thrown another crisis-inspired curveball. Here are five ways small business owners can prepare for the first quarter. "Don't criticize yourself or blame yourself," Freeman, who also works as a psychiatrist and executive coach for business owners, said.

☆ How Chipotle's chief people officer steered the chain through a tumultuous year by focusing on employee well-being
▼ + stars: | 2021-04-29 | by ( Shana Lebowitz | ) www.businessinsider.com time to read: +5 min

Marissa Andrada is chief diversity, inclusion, and people officer at Chipotle. When Andrada, now the chief diversity, inclusion, and people officer at Chipotle, was growing up, her parents encouraged her to pursue a career in medicine. In 2020, Chipotle promoted nearly 11,000 employees, HR Dive reported, and more than 70% of the chain's general managers came up internally. In a statement provided to Insider, Chipotle Chief Corporate Affairs Officer Laurie Schalow said the lawsuit was a "dramatic overreach." Between March and September 2020, according to Chipotle, the number of employees using Chipotle's EAP and advocacy services increased fourfold.

☆ Here's how to find out if you're underpaid at work, and the exact script to use when asking your boss for a salary increase
▼ + stars: | 2021-03-22 | by ( Marguerite Ward | Shana Lebowitz | ) www.businessinsider.com time to read: +10 min

More US states, including New York and California, are requiring employers to post salary ranges on job listings. If you're starting to suspect you're underpaid, do your researchDoing some digging (on your personal computer, not at work) is your first stop. It's the more realistic number you're hoping to meet or exceed. Lennox said you'll typically want to start discussing professional development with your boss months before you actually ask for a raise. "All the hard work of researching what the range is for your next job is already done," Dickinson said.

Here are the recommendations:1 times your income by age 302 times your income by age 353 times your income by age 404 times your income by age 455 times your income by age 506 times your income by age 557 times your income by age 608 times your income by age 659 times your income by age 70To calculate how much you should save for retirement by each age, we've looked at the nationwide median household income of $70,784, according to the US Census Bureau. Fidelity recommends you save the equivalent of two years' salary for retirement by age 35, and three years' salary by age 40. Fidelity recommends you save the equivalent of six years' income for retirement by age 55, and seven years' salary by age 60. Fidelity recommends you save the equivalent of eight years' income for retirement by age 65, and nine years' income by age 60. Some high-yield savings accounts, such as the Ally High Yield Savings Account, let you set up individual savings goals in your account.

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