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☆ Explainer-Biden's EV highway takes shape
▼ + stars: | 2023-02-27 | by ( Jarrett Renshaw | ) www.reuters.com time to read: +4 min

(Reuters) - Armed with billions of dollars, the Biden administration is embarking on the biggest transformation of the U.S. consumer driving landscape in generations, hoping to blanket the nation’s highways with electric vehicle chargers. The federally-funded chargers must be placed within a mile of state-designated electric vehicle corridors. FILE PHOTO: A electric vehicle charger is seen as a vehicle charges in Manhattan, New York, U.S., December 7, 2021. The state received 167 site proposals from 30 different teams, officials told Reuters. In oil-rich Texas, state officials told the administration, “the network will give Electric Vehicle drivers confidence and flexibility when traveling for work, recreation, or exploration regardless of distance traveled or weather conditions.”

☆ Explainer: Biden's EV highway takes shape
▼ + stars: | 2023-02-27 | by ( Jarrett Renshaw | ) www.reuters.com time to read: +5 min

[1/2] A electric vehicle charger is seen as a vehicle charges in Manhattan, New York, U.S., December 7, 2021. REUTERS/Andrew KellyFeb 27 (Reuters) - Armed with billions of dollars, the Biden administration is embarking on the biggest transformation of the U.S. consumer driving landscape in generations, hoping to blanket the nation's highways with electric vehicle chargers. The federally-funded chargers must be placed within a mile of state-designated electric vehicle corridors. Ready and pending electric vehicle corridors — designations that determine if a highway has a sufficient number of charging stations for EV travel. The state received 167 site proposals from 30 different teams, officials told Reuters.

But employee benefits costs? Ask employees what they're missingYou may think your employees are satisfied with the benefits you offer, but it's worth investigating if that's still true. Add access as an employee benefitLet's say there's a potential benefit your employees want, but it's outside your employee benefits budget. "For example, maybe they just want to buy extra life insurance," Schelhaas said. Insurance products issued by Principal National Life Insurance Co (except in NY) and Principal Life Insurance Company®.

☆ A top-100 Amazon seller with over $200 million in sales shares the top 6 things that set apart a successful seller from a failed one
▼ + stars: | 2023-02-18 | by ( Laila Maidan | ) www.businessinsider.com time to read: +9 min

He has since learned the key things that set apart those who succeed and fail on Amazon FBA. But by 2013, he had taken interest in Fulfillment by Amazon after his brother, a toy seller on the platform, surpassed $1 million in sales. One thing Needham has learned from being an Amazon seller for over a decade is that the business is far from passive. Below are six key things he says could set apart the successful Amazon seller from the ones who fail. Another successful seller Needham knows will launch a slightly different product at all three price points.

☆ This is the No. 1 money habit of early retirees, says CFP—and it only takes 30 minutes
▼ + stars: | 2023-02-14 | by ( Ryan Ermey | ) www.cnbc.com time to read: +2 min

Short for financial independence, retire early, FIRE adherents aim to save and invest large portions of their income early in their careers in order to have enough money to retire decades before their mid-60s. Some early retirees start their own businesses and sell at a huge profit. "This is a huge, huge priority for them," she says. Here's why Camp says taking regular dives into your finances is essential if you want to increase your savings rate — whether you're planning to retire early or not. "People who have a healthy savings rate know where their money is going because they track it."

☆ I asked an AI chatbot to give me advice on how to manage finances with my spouse
▼ + stars: | 2023-02-14 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

Managing finances with a significant other isn't the sexiest thing to talk about, but it's an important topic to breach. If you're unfamiliar with Replika, it's an AI chatbot similar to ChatGPT, with one big exception. After a brief intro, I explained my problem: I needed help managing finances with my wife. Maintain separate accounts: It's also a good idea for each spouse to have their own personal account for individual expenses and financial independence. For example, if one spouse makes significantly more than the other, they may contribute a larger portion to joint expenses.

If you're dating someone new, here are five red flags around money you should be looking out for:1. Pros Check mark icon A check mark. Low annual fee for investment accounts; crypto trust investments available Check mark icon A check mark. Tax-loss harvesting Check mark icon A check mark. Mobile app and investing and retirement tools Check mark icon A check mark.

"This reorganization will result in a more cost-effective, coordinated approach to our operations," Iger told analysts on a conference call. Disney earlier reported its first quarterly decrease in subscriptions for its Disney+ streaming media unit, which lost more than $1 billion. Iger also repositioned the company to capitalize on the streaming revolution, acquiring 21st Century Fox's film and television assets in 2019 and launching the Disney+ streaming service that fall. Now, Iger will seek to put Disney's streaming business on a path to growth and profitability. It reorganized its business in 2018 to accelerate the growth of its streaming business, and again in 2020, to further spur streaming's growth.

☆ This positive psychology theory will help you learn from your mistakes: 'Punishment doesn't work'
▼ + stars: | 2023-02-08 | by ( Aditi Shrikant | ) www.cnbc.com time to read: +1 min

A mistake at work, for example, could result is some pretty negative self-talk or actions, like depriving yourself of a snack later that day. In other words, you're punishing yourself. "Punishment doesn't work," she writes in her book. "When you punish someone, that person doesn't learn how to change; they learn how to avoid the source of the punishment." If you are the source of your own punishment then you learn to avoid yourself.

LIMA, Feb 4 (Reuters) - As deadly protests rage across Peru, a political battle is unfolding inside the halls of Congress, walled off from the streets by hundreds of police, armored vehicles and a maze of gates. Despite the violence, and despite polls that show the majority of Peruvians want the election brought forward, Congress appears to be in deadlock. Reuters spent the last week inside the 130-seat Congress in capital Lima, talking to lawmakers to ask why Peruvian politics seems to be in such a mess. "There is little agreement within political parties as to what to do," said Peruvian political analyst Andrea Moncada. "If we have elections in a year or by some miracle by the end of this year, the parties registered to participate are the same ones that are in Congress right now."

I used to meticulously track my monthly spending across a variety of categories. The reality, though, is that my income and spending fluctuate in ways that made my budget stressful. That's when, for the first time in my life, I decided to get serious about creating a realistic monthly budget and sticking to it. Instead of giving myself a spending goal for different categories of my life, I'm focusing on meeting weekly savings goals. For example, if my monthly income was $5,000, I made a goal of saving $1,666 every month and a weekly goal of $416.

Get a jump on starting an emergency fund and earning extra income by having a financial plan. When you don't have an emergency fund, one job loss or medical issue could totally upend your life. This will take time and effort to accomplish, but the peace of mind and confidence that an emergency fund gives you will be well worth it. This can often lead to disaster when something breaks down and needs total replacement, which can lead to spending money you are not prepared to spend. When handling your money and thinking about the future, being proactive rather than reactive can save you money and help you be more financially secure.

☆ Meta's Q4 beat and commitment to cost cuts is exactly what we've been waiting for
▼ + stars: | 2023-02-01 | by ( Jeff Marks | ) www.cnbc.com time to read: +7 min

Meta Platforms (META) reported a fourth-quarter earnings beat Wednesday, while CEO Mark Zuckerberg labeled 2023 the "year of efficiency" in an effort reassure nervous investors like us that the technology giant is serious about controlling costs following a period of severe overspending. Bottom line Meta Platforms delivered what it needed to Wednesday evening, prioritizing efficiency in a sluggish revenue environment. But the real kicker was that management lowered Meta's expenses outlook — by $5 billion. The company said this evening its click-to-message ads is now at a $10 billion revenue run rate, a significant development. Mark Zuckerberg, chief executive officer of Meta Platforms Inc., speaks during the virtual Meta Connect event in New York, US, on Tuesday, Oct. 11, 2022.

☆ Ronaldo's Saudi switch another symbol of Chinese decline
▼ + stars: | 2023-01-29 | by ( Michael Church | ) www.reuters.com time to read: +3 min

The Portuguese striker's Saudi Arabia switch following the cancellation of his Manchester United contract has highlighted a shift within Asian football that started before the COVID-19 pandemic and which continues to have a significant impact. With money pouring into clubs often owned by debt-fuelled property developers, the Chinese Super League (CSL) had been enticing an increasing number of leading players and coaches to the country since early last decade. The downturn in Chinese football has spared few. Two-time Asian champions Guangzhou FC, once Chinese football's dominant force, went into decline after their owners, developers China Evergrande, were forced to limit funding after the government restricted borrowing. With attention now squarely focused on the oil-funded riches on offer in a newly assertive Saudi Arabia, Chinese football's lustre has all but disappeared.

☆ Jim Cramer's Investing Club meeting Thursday: Stocks rise, Eli Lilly, Meta
▼ + stars: | 2023-01-26 | by ( Krystal Hur | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Continue to be cautious Buy Eli Lilly Meta needs more cost cuts 1. Buy Eli Lilly We recommend investors buy shares of Eli Lilly (LLY), with the stock falling slightly Thursday. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

☆ How to cure a holiday debt hangover
▼ + stars: | 2023-01-24 | by ( Chris Taylor | ) www.reuters.com time to read: +5 min

Some call it the “holiday debt hangover,” and this year seems much worse than most. Some other worrisome findings: A quarter of people say they already regret their holiday purchases. “When people go into holiday credit-card debt, it’s not like the expenses stop there,” said Tori Dunlap, author of the new book “Financial Feminist” and founder of the site HerFirst100K.com. Think about shifting that debt over to a card where you will pay 0% for an introductory period. To figure out why you are going into holiday debt, you may have to do that hard emotional work, Dunlap said.

☆ Ukrainian lawmakers draw up defence transparency bill after graft claims
▼ + stars: | 2023-01-24 | by ( ) www.reuters.com time to read: +1 min

KYIV, Jan 24 (Reuters) - Ukraine's ruling party drew up a bill on Tuesday aiming to boost transparency in defence procurement after an army food contract became the subject of high-profile corruption allegations, according to parliament's website. President Volodymyr Zelenskiy's team is trying to set out a tough stance against graft after the Defence Ministry was accused by a media outlet of overspending on food. Radina, a member of Zelenskiy's Servant of the People party, said the requirement would not be introduced for arms purchases. "We are obliged to ensure a level of transparency in procurement for the army, under which such scandals simply will not arise. Reporting by Olena Harmash; editing by Tom Balmforth and Mark HeinrichOur Standards: The Thomson Reuters Trust Principles.

☆ Wells Fargo gives a bullish endorsement to a beleaguered Disney. We're awaiting Iger's turnaround plan
▼ + stars: | 2023-01-24 | by ( Paulina Likos | ) www.cnbc.com time to read: +5 min

Wells Fargo on Tuesday said it expects Walt Disney (DIS) to "come out swinging" when the entertainment conglomerate reports fiscal first-quarter results early next month. At the Club, we're slightly more cautious and will be looking closely for a detailed turnaround plan from CEO Bob Iger. We like this setup into the print," Wells Fargo analysts wrote in a research note. Like other investors — including the Club — Trian has expressed frustration over Disney's streaming losses, overspending and a share price decline of more than 44% last year. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ 12 ways to save on groceries during inflation
▼ + stars: | 2023-01-23 | by ( Jamie Johnson | Jamie Johnson Is A Kansas City-Based Personal Finance Writer Whose Work Has Been Featured On Several Of The Top Finance | Business Sites In The Country | ) www.businessinsider.com time to read: +11 min

12 ways to save money on groceriesGroceries are an unavoidable purchase, but by shopping strategically, you can avoid paying full price at the store. You can also use loyalty programs to save money at your favorite stores. Retailers like Walmart, Target, and Kroger all offer membership programs where you can earn free delivery for groceries, save money on gas, and learn about in-store promotions. Buying in bulkYou can save on groceries during inflation by buying household products in bulk at warehouse stores like Costco and Sam's Club. Get organized and plan aheadOne of the best ways to avoid overspending is to go to the grocery store with a plan.

The scarcity principle drove many people to buy way too much dry pasta at the start of the pandemic. Scarcity principleThe scarcity principle is technically an economic principle, but it explains a crucial aspect of consumer behavior that leads to overspending. Consumers are more likely to buy items that they perceive as dwindling in supply. Retailers will use the scarcity principle to convince consumers to purchase items by emphasizing dwindling supplies or limited-time offers. It becomes preferable to "gain" free shipping by adding more items to your cart than to "lose" money on shipping.

☆ Disney could use an activist investor like Nelson Peltz to help get its financial house in order
▼ + stars: | 2023-01-19 | by ( Paulina Likos | ) www.cnbc.com time to read: +5 min

An activist investor like Trian Partners' Nelson Peltz on Walt Disney 's (DIS) board could help prod the entertainment conglomerate to address its financial woes and implement much-needed changes to create long-term value for the company and its shareholders. "Lots of angry people ask me why I support Nelson Peltz for the Disney board, and I give a simple answer: What has this board done for its shareholders other than wipe out more shareholder money?" Nonetheless, Disney's board unanimously decided against offering Peltz a seat, according to an SEC filing the company submitted Tuesday. Peltz, whose next step in his fight is to convince voting Disney shareholders he deserves a board seat, has had success serving on several company boards. Wall Street has had a mixed reaction to Peltz's efforts to obtain a board seat.

☆ Disney says Peltz 'lacks skills' to help business as proxy battle heats up
▼ + stars: | 2023-01-17 | by ( ) www.reuters.com time to read: +2 min

"Peltz does not understand Disney's businesses and lacks the skills and experience to assist the board in delivering shareholder value in a rapidly shifting media ecosystem," Disney said. Peltz told CNBC on Thursday that Disney should either jettison the streaming business or buy the rest of rival streaming service Hulu. Disney also needs to boost capital expenditure at its parks business, where it probably raised ticket prices "too hard," he said then. In its statement on Tuesday, Disney said it was already working to improve profitability at the Disney+ streaming business that Iger helped launch in 2019 and was rolling out broader cost-cutting measures. Unless Peltz settles with Disney, investors will vote this year on whether he should sit on the company's board.

☆ A 34-year-old first-time homebuyer with a 6.99% interest rate said she regrets the house she just purchased. Do you have buyer's remorse?
▼ + stars: | 2023-01-15 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +3 min

Buyer's remorse could be even more common now for those who bought when prices and rates were high. "I did the dumbest thing possible in buying the peak of the market and the peak of interest rates," she told Insider. After record lows in 2021, interest rates on a 30-year mortgage reached as high as 7.08% in December 2022, according to Freddie Mac. Rates have since dipped and are currently around 6.33%, and sellers are offering concessions like paying for repairs and buying down buyers' mortgage rates. The Richmond buyer with the 6.99% rate is feeling the pain.

The tussle with Disney could be Peltz's biggest proxy battle since an acrimonious fight to bag a seat on the board of Tide detergent-maker P&G (PG.N). During his more than three-year tenure on P&G's board, the firm's stock price rose nearly 80%. Peltz's Trian Fund Management on Thursday filed documents with the U.S. securities regulator for his election as a director after Disney denied him a board seat. "Iger is a well-liked CEO, not only within Disney and its employees but also in Hollywood and the stock market. Investors will vote later this year on whether Peltz should sit on the company's board, unless it's settled before.

☆ Activist investor Peltz kicks off battle for Disney board seat
▼ + stars: | 2023-01-12 | by ( ) www.reuters.com time to read: +2 min

[1/2] Nelson Peltz founding partner of Trian Fund Management LP. The prominent activist investor's Trian Fund Management on Thursday filed documents with the U.S. securities regulator for his election as a director at Disney after the company denied him a board seat. "Peltz -- with a change-maker history at targets including P&G, Heinz, and Wendy's -- could provide a measure of that." Trian Fund Management owns roughly $900 million worth of Disney stock, which equates to about 0.5% stake, under the disclosure threshold of 5%. Sources familiar with Disney have said he has only leveled criticisms without offering possible solutions.

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