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Souffrant set out to save enough so they could cover one year's worth of expenses between Woody's salary and her savings. How to build your own 'F you fund' in 2 stepsAnyone can start an "F you fund" like Soufrrant and Shah did to create more options for themselves. Souffrant kept hers in a high-yield savings account. That way, the money was still accessible but earning more interest than it would if it was sitting in a traditional savings account. If your number is $200 per month, have that amount lifted from your checking account and deposited into your "F you account" each month.
Persons: Jamila Souffrant, Souffrant, Nischa Shah, Nischa Shah Nischa Shah, it's, Shah, Woody Organizations: Business, America, Investment
US Speaker of the House Mike Johnson, Republican of Louisiana, waits to speak during a news conference after a closed-door House Republican caucus meeting on Capitol Hill in Washington, DC on February 29, 2024. It was not immediately clear how the House would act on her motion, which requires just a majority vote to remove the speaker. Greene told reporters that the motion to vacate was more of a warning shot and that she had not discussed it with President Donald Trump. Rep. Marjorie Taylor Greene, R-Ga., speaks to the media on the House steps of the U.S. Capitol after filing her motion to vacate Speaker of the House Mike Johnson, R-La., on Friday, March 22, 2024. U.S. Rep. Matt Gaetz (R-FL) leaves a closed-door House Republican meeting at the U.S. Capitol on October 20, 2023 in Washington, DC.
Persons: Mike Johnson, Drew Angerer, Marjorie Taylor Greene, Johnson, Kevin McCarthy, Greene, Donald Trump ., Bill Clark, Raj Shah, Trump's, Robert F, Kennedy Jr, Matt Gaetz, McCarthy, Gaetz, We'd, we've, Hakeem Jeffries Organizations: Republican, Capitol, AFP, Getty, NBC News, Donald Trump . Rep, U.S, CQ, Inc, NBC News House, Democrat, U.S . Rep Locations: Louisiana, Washington , DC, Washington ,
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewNischa Shah says she has read many books about money, from the classics that cover the fundamentals like "Rich Dad Poor Dad" to more mindset-focused texts like "The Psychology Of Money." The Richest Man in BabylonAdvertisementShah's top pick is George S Clason's "The Richest Man in Babylon." He becomes the richest man in the city by following simple money-making principles that still hold true today, from paying yourself first to controlling your spending and putting your money to work. Related storiesThis book boils down what it takes to build wealth "in a way that is not boring and mundane," said Shah.
Persons: , Shah, Dad, She's, George S Clason's, it's, Rich, Napoleon Hill's, Michael E, Gerber Organizations: Service, Business Locations: Babylon
When you think about the different ways to invest your money, things like the stock market or real estate may come to mind. "Investing at its core is about committing resources to achieve future benefits," accountant and former investment banker Nischa Shah says on her YouTube channel. However, "when you invest in yourself, you're essentially increasing your earning potential and creating more opportunities for yourself." Because the return you can get in your own investment completely outweighs the 7% return you will get in the stock market over the next 30 years." You don't want to get to the point where you're looking back and thinking, "'I wish I just started.
Persons: Nischa Shah, it's, that's, Shah, Nischa, , who's, she'd Organizations: Service, YouTube, Business
Delhi CNN —India said Monday it had joined the world’s top nuclear powers by mastering the ability to put multiple warheads atop a single intercontinental ballistic missile. The successful test of multiple independently targetable reentry vehicle (MIRV) technology on the indigenously developed Agni-V ICBM puts India in a club that includes the United States, Russia, China, France and the United Kingdom. Neighboring Pakistan has also claimed to have MIRV technology, but experts say the claim is unverified. “Various Telemetry and radar stations tracked and monitored multiple re-entry vehicles. India did not give an exact number of reentry vehicles released during the Agni-V test, but MIRVed missiles can carry a dozen or possibly more MIRV warheads.
Persons: Narendra Modi, , ” Modi, X, Rajnath Singh, , Amit Shah Organizations: Delhi CNN, DRDO, Defence Research, Development Organisation, Mission, Defense Ministry, Indian Defense, ., Center for Arms Control, Center for Strategic, International Studies Missile Defense, United States, Minuteman, National Museum of, US Air Force, US, Union of Concerned, US Defense Locations: Delhi, India, United States, Russia, China, France, United Kingdom, Neighboring Pakistan, Bay, Bengal, Bharat, Pakistan, Beijing
download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . At first, it felt like a family member was missingInitially, it felt like a family member was missing. We increased communication with each otherSlowly, the transition without voice assistants became easier. AdvertisementWe stopped being lazy with basic tasksThe loss of voice assistants has also been better for our health. With so many of our devices previously connected to our voice assistants, we would bark commands across the room.
Persons: , Alexa Organizations: Service, Google, Netflix, Arsenal, Premier League statistics, Alexa Locations: New York City, London, New York, Midtown
CNN —India has announced rules that would allow it to implement a controversial citizenship bill that excludes Muslims. The Citizenship (Amendment) Act provides a fast-track to citizenship for immigrants from Afghanistan, Bangladesh, and Pakistan – provided they are not Muslim. The controversial law would apply to religious minorities persecuted on religious grounds, including Hindus, Sikhs, Buddhists, Jains, Parsis and Christians. Members of the United Opposition Forum protest against the Citizenship (Amendment) Act in Nagaon District, Assam, India, on March 8, 2024. The BJP has its roots in India’s Hindu right-wing movement, many followers of which see India as a Hindu nation.
Persons: Narendra Modi, Pakistan –, Modi, Amit Shah, , Anuwar Organizations: CNN, Indian Ministry of Home Affairs, Indian, United Opposition, Getty, Bharatiya Janata Party, BJP Locations: India, Afghanistan, Bangladesh, Pakistan, Nagaon District, Assam, Uttarakhand, Delhi, Ayodhya
It also helped that she'd built six figures in savings, according to screenshots of her savings and investing accounts viewed by BI. She elaborated on her stock market and real estate investing strategies. While anyone can invest in the stock market starting with as little as $1 thanks to micro-investing platforms, owning real estate typically involves bigger upfront costs. "I could put down a 20% deposit, and then the bank will lend me 80% to buy this asset," she said. The cash flow you can generate from real estate is "far greater than what you'll get from most other investments," said Shah.
Persons: Nischa Shah, Shah, she'd, she's, It'll, , ​ ​ — Organizations: Business, YouTube, BI, Fidelity, Vanguard Locations: London, Real
Gold prices held above the $2,100 level on Wednesday, near a record peak hit in the previous session as hopes for U.S. rates easing by mid-year mount, while traders awaited remarks on the economy's health from Federal Reserve Chair Jerome Powell. Gold prices held above the $2,100 level on Wednesday, near a record peak hit in the previous session as hopes for U.S. rates easing by mid-year mount, while traders awaited remarks on the economy's health from Federal Reserve Chair Jerome Powell. Spot gold edged down 0.1% at $2,126.13 per ounce, as of 0458 GMT. Spot prices hit a record peak of $2141.59 per ounce overnight on Tuesday, rallying for a fifth straight session. Spot platinum rose 0.4% to $884.16 per ounce, and palladium rose over 1% to $958.20, while silver dropped 0.3% to $23.63.
Persons: Jerome Powell, Ajay Kedia, Kunal Shah Organizations: Federal, Kedia Commodities, Traders, U.S, Nirmal, Commodities Locations: Mumbai, U.S
Sales of Apple's iPhone plunged in China in the first six weeks of 2024, according to a Counterpoint Research report. The analyst firm said in a note on Tuesday that iPhone sales plunged 24% in the period, as Apple faced stiff competition from local smartphone firms like Huawei, Oppo, Vivo, and Xiaomi. In particular, Apple came under major pressure from Chinese tech giant Huawei, whose consumer business is experiencing a resurgence in China after the launch of its Mate 60 smartphone. Oppo's smartphone shipments dropped 29% year-on-year, while Vivo and Xiaomi logged drops of 15% and 7%, respectively, according to Counterpoint Research. Huawei smartphone unit shipments rose 64% year-over-year in the first six weeks of 2024, according to Counterpoint Research.
Persons: Apple, Neil Shah, Shah, Arjun Kharpal Organizations: Apple, Research, Huawei, Oppo, Counterpoint Research, CNBC Locations: Yantai, East China's Shandong, China, Vivo, U.S, iPhones
They were gathered for the inaugural summit of The Juggernaut, a digital South Asian news startup that launched in 2019. The Juggernaut spokesperson told BI that "multiple employees have equity in the company," but BI was unable to identify any such employees. "Twenty years ago, you might've struggled to mention a South Asian actor that you've seen in a movie," he said. As of January, the site had about 10,500 subscribers, Sur told investors in an email viewed by BI. Some feel that the publication has strayed from its mission of delivering "untold, smart South Asian stories and news you won't find anywhere else."
Persons: , Richa Moorjani, Manish Chandra, Anish Melwani, Sadiq Khan, Amitav Ghosh, Roy Rochlin, Jay Bhattacharya, didn't, Sur, Padma Lakshmi, Moorjani, Mira Nair, Oprah Winfrey, she'd, who've, Josh Benson, Bhattacharya, might've, you've, Dev Patel, Priyanka Chopra, Black millennials, Bhattacharya's, Adam Hansmann, Kevin Lin, Albert Ni, Charles Hudson, Steve Jennings, Sur's, Kyle Stanford, Axios, Stanford, Snigdha, Winfrey, MICHAEL TRAN, hadn't, wouldn't, Fariha Róisín, Meghna Rao, Róisín, Rao, Rao didn't, they'd, she's, it's, Hudson, who'd, Reetu Gupta, Aditi Shah, Sean Gupta, Steven Simione, would've, we're, Brian Morrissey, Morrissey, cofounders, Narendra Modi's, Sneha Mehta Organizations: Spring Studios, Netflix, Business, New Yorker, Harvard Business School, Guardian, American, Old Town Media, Athletic, BI, Indian, Yale, McKinsey, Precursor Ventures, Forbes, Getty, TechCrunch, YouTube's Sustainability, YouTube, Paramount Pictures Studios, Immigration Services, Stanford, Digiday, Gannett Locations: York City, chai, Jean's, hasn't, Sur, New York City, South, Asian, India, Madhya Pradesh, Queens, Sur texted, Indian American, AFP, Róisín, Los Angeles , California, South Asia, Silicon
Ambani is the youngest son of Asia’s richest man, Mukesh Ambani, who has an estimated fortune of $117 billion, according to Forbes. Jared Kushner, Ivanka Trump and their daughter Arabella pose with the groom's father, billionaire Mukesh Ambani. On Wednesday, the Ambani family hosted a communal dinner for more than 50,000 villagers. Reliance Industries/Handout/ReutersActors Salman Khan, Ram Charan, Shah Rukh Khan and Aamir Khan perform during the pre-wedding celebrations. Reliance Industries/Handout/ReutersBillionaire industrialist Mukesh Ambani with his son Anant and wife Nita.
Persons: Mark Zuckerberg, Bill Gates, Ivanka Trump, jetted, Anant Ambani’s, Rihanna, David Blaine, Sachin Tendulkar, Shah Rukh Khan, Ambani, Mukesh Ambani, Radhika Merchant, Jared Kushner, Arabella, , Paula Hurd, Ranveer Singh, Deepika Padukone, Salman Khan, Ram Charan, Aamir Khan, Saif Ali Khan, Kareena Kapoor Khan, Taimur Ali, Anant, Nita, Anjali Organizations: CNN, Forbes, Reliance, Reuters, Reliance Foundation, Microsoft, Reliance Industries, Reuters Billionaire, AP Former India Locations: India, Silicon Valley, Jamnagar, Gujarat, New Delhi, Mumbai
Asia's richest family, the Ambanis, threw a lavish three-day pre-wedding party for Anant Ambani. Bill Gates and Mark Zuckerberg attended the bash, which featured a private Rihanna concert. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA star-studded guest list, designer gowns galore, and a private Rihanna concert — and that was just for the Ambani pre-wedding bash.
Persons: Anant Ambani, Bill Gates, Mark Zuckerberg, , Ambani, Radhika Merchant, Viren Merchant, Donald Trump's, Ivanka Trump, Rihanna, Mukesh Ambani's, Isha Ambani, Anand Piramal, Shah Rukh Khan, Priyanka Chopra, Nick Jonas, Hillary Clinton Organizations: Service, Encore Healthcare, Viren, Guardian, Beyoncé Locations: Indian, Gujarat, Jamnagar, Mumbai
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIndia's domestically focused sectors set for better investing opportunities, Kotak AMC saysNilesh Shah, managing director of Kotak AMC, names sectors such as autos, cement and real estate.
Persons: Nilesh Shah Organizations: AMC
New Delhi Reuters —Charter jets for tycoons and celebrities, a performance by Rihanna and directions to don “jungle fever” outfits when visiting an animal rescue center — that’s how billionaire Mukesh Ambani is kickstarting big fat Indian wedding celebrations for his son. The occasion of the moment that has India transfixed is a three-day pre-wedding jamboree for his youngest son Anant Ambani, 28, who is set to marry his long-time girlfriend Radhika Merchant, 29. Anant is a director at Reliance’s new energy business and one of Ambani’s three children who are the heirs to his empire. Ambani also made headlines with his daughter Isha’s wedding in 2018 which was described by some as a mini-Davos summit. Guests to Anant Ambani’s celebrations are set to savor 500 dishes created by around 100 chefs.
Persons: Rihanna, Mukesh Ambani, Ambani, Anant Ambani, Radhika Merchant, Anant, David Blaine, Bill Gates, Meta’s Mark Zuckerberg, Gautam Adani, Kumar Mangalam Birla, Shah Rukh Khan, Salman Khan, Bob Iger, Hillary Clinton, John Kerry, Anant Ambani’s Organizations: Delhi Reuters —, Reliance, Forbes, Disney, Reliance’s, Encore, Former U.S, Reuters Locations: Delhi, India, Jamnagar, Reliance’s, Gujarat, Davos, Former, New Delhi, Mumbai
New Delhi CNN —Just a few months ago, Nita Ambani stepped away from frontline business to focus on philanthropy. Now, the wife of Asia’s richest man is back with the biggest job in the ferociously competitive world of India media. Nita Ambani will not be steering the media giant alone. Nita Ambani first stepped into the business limelight 10 years ago, becoming the first woman director on the board of Reliance Industries. With her new job title, Nita Ambani has become the most powerful woman in Indian media and entertainment sector, which is worth over $25 billion and growing rapidly.
Persons: New Delhi CNN —, Nita Ambani, Mukesh Ambani, Uday Shankar, , , Ambani’s, Nita Mukesh Ambani, Bikas Das, , Isha, Anant, Akash —, Akash, ” Nita Ambani, National Stock Exchange —, EY, Mihir Shah Organizations: New, New Delhi CNN, Disney’s, Reliance Industries, Disney’s Asia, Disney, Reliance Foundation, Indian Premier League, IPL, Reliance, Music, International Olympic Committee, Metropolitan Museum of Art, National Stock Exchange, Media Partners, Netflix Locations: New Delhi, India, Mumbai, Disney India, New York, Viacom18
The move to launch a flip foldable is in line with Honor's push into the premium end of the market where it's looking to challenge companies like Samsung and Apple . There are two styles right now on the market — smartphones that fold like a book and those that fold vertically like an old school flip phone but without a visible hinge. BARCELONA — Honor will launch a foldable flip phone this year, the company's CEO told CNBC, marking the Chinese technology firm's first foray into the vertical-folding style of smartphone that has been popularized by brands like Samsung and Motorola. The entry into flip foldables will expose Honor to a different price point. The flip style of phones, such as Samsung's Galaxy Z Flip 5 are often priced cheaper than the horizontal-style folding devices.
Persons: George Zhao, Neil Shah, Zhao Organizations: Samsung, Apple, CNBC, Motorola, Mobile, Research, Counterpoint Research, Huawei Locations: BARCELONA, Barcelona, U.S, China
New Delhi/London CNN —Disney is joining forces with Asia’s richest man to create a new media giant in India that says it will reach a domestic audience of more than 750 million people. Billionaire Mukesh Ambani’s Reliance Industries and Disney have combined their digital streaming platforms and 100 TV channels in the country in a joint venture worth about $8.5 billion, the companies said in a statement Wednesday. Disney (DIS) made a major push into the country in 2019, when it acquired most of 21st Century Fox, including its vast Star India network. “India is the world’s most populous market, and we are excited for the opportunities that this joint venture will provide to create long-term value for the company,” said Disney CEO Bob Iger. Disney salvaging its Indian dreamDisney has faced multiple challenges in India, which boasts a vibrant media and entertainment sector.
Persons: Mukesh, , Mukesh Ambani, Nita M, Ambani, Viacom18, Bob Iger, Mouse, Weeks, JioCinema, Iger, , Mihir Shah Organizations: London CNN, Disney, Reliance Industries, Century Fox, Star, Reliance, Indian Premier League, Warner Bros ., HBO, CNN, Media Partners Locations: New Delhi, London, India, Star India, Viacom18
Opinion: Why Iran hates America
  + stars: | 2024-02-24 | by ( Fareed Zakaria | ) edition.cnn.com   time to read: +7 min
Iran, and particularly its hostile relationship with the US, is firmly at the center. The story is more complicated than that, as I lay out in my CNN special report “Why Iran Hates America,” airing Sunday at 8 p.m. and 11 p.m. But suffice it to say that America’s relationship with Iran has been hostile and confrontational for more than four decades. Washington has viewed the fall of the Shah’s Iran as a deep betrayal from which it has never really recovered. As Iranian Foreign Minister Javad Zarif pointed out to me, the Iran nuclear deal was premised not on trust but on mistrust.
Persons: Fareed Zakaria, Fareed, Read, CNNi, Yemen’s Houthis, jihadism, Majid Saeedi, Iran’s, Shah, Jimmy Carter, It’s, Ronald Reagan, George W, Bush, Barack Obama, Hassan Rouhani, Javad Zarif, premised, Donald Trump, Rouhani Organizations: CNN, Fareed’s, Sunday, US, Iranian, Washington Locations: Iran, Israel, Gaza, An Iran, Jordan, Washington, Tehran, Britain, Iraq, Afghanistan, Libya, , Moscow, Roman, America, United States
In today's big story, we're looking at Wall Street's love affair with Nvidia (and AI) while Big Tech still grapples with how to use the tools . Since Nvidia's GPUs sit at the center of the AI revolution, the company's success suggests the hype around the tech is warranted. One issue is bias showing up in AI tools . AdvertisementInternal documents show that Amazon is warning its employees not to use third-party generative AI tools for work , BI's Ashley Stewart and Eugene Kim report. It's an interesting acknowledgement of the risks involved with using AI tools — especially when Amazon is pitching its own chatbot to customers .
Persons: , It's, Michael M, Tyler Le, it's, Matthew Fox, Wall, Jensen, Kathleen Brooks, XTB, BI's George Glover, Chelsea Jia Feng, — ChatGPT, Monica Melton, BI's Ashley Stewart, Eugene Kim, Paul Morigi, Jenny Chang, Rodriguez, Goldman, Joe Duran, Jensen Huang, Huang, Reddit, Sam Altman, Elon Musk, Gemini, isn't, RJ Scaringe, Rivian, Scaringe, Steve Conine, Niraj Shah, Lucas Jackson, Wayfair, Bruce Dixon, they'd, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Grace Lett Organizations: Service, Nvidia, Big Tech, Getty, Nasdaq, Nikkei, GameStop, SEC, CNBC, EV, Warner Bros Discovery Inc, Hyatt Hotels Locations: Paul, New York, London, Chicago
"Dividend funds hope to offer dividend income. AdvertisementDue to their slower growth, dividend-paying stocks are often more reliable than growth stocks, making them a good addition to a young person's investment portfolio for diversification. For example, adding a few dividend-paying stocks to a portfolio of volatile growth stocks can offer diversification. Particularly for young people just getting started with investing, dividend stocks are a good way to learn, says Michael Dinich, a financial advisor. Dividend-paying stocks are also safe for the most part in comparison to growth stocks.
Persons: , Casey Hayden, Alissa Musto, Julie George, George, Michael Dinich, Hayden Organizations: Service
AdvertisementLaying off workers over and over is working out great for Wayfair, according to the company's leaders. On Thursday, Wayfair CEO Niraj Shah wrote in a letter to shareholders — co-signed by co-founder and co-chairman Steve Conine — that several rounds of layoffs over the last year-and-a-half have helped the company become leaner and meaner. "While it is early, it does seem like we are getting more done, and faster, and at a lower cost," Shah and Conine wrote in the letter. "It also feels like we have the right level leaders in charge of the right things." This story is available exclusively to Business Insider subscribers.
Persons: Niraj Shah, Steve Conine —, Shah, Conine Organizations: , Business
Shah Rukh Khan reveals why he turned down Oscar-winning film
  + stars: | 2024-02-15 | by ( ) edition.cnn.com   time to read: 1 min
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Some air fryers have a preheat setting, some automatically preheat, and others require manual preheating. Consult the product manual to see if preheating is recommended for your air fryer model. Preheat your air fryer to the temperature called for in the recipe for three to five minutes. AdvertisementEveryone knows that preheating your oven is crucial to baking success, but what about an air fryer? "You should preheat an air fryer if the user manual instructs you to do so.
Persons: preheating, fryer, , Purvin Shah Organizations: Service, Business
CONCORD, N.H. (AP) — I came. A New Hampshire lawmaker wants to amend state law to include an official pronunciation of the capital city, one of many communities called Concord across the country. Gallager said his bill would not be a mandate, just as the other state symbols are not universally embraced. “Even though the state fruit is the pumpkin, you can still grow other fruits besides pumpkins, which I’m sure our apple growers appreciate,” he said. “But with something more minor like this one, I think we can have a chance to bring people together and actually pass some legislation.”
Persons: , Julius Caesar — “, Eric Gallager, ” Gallager, Dianne Schuett, Gallager, , , aren’t Organizations: CONCORD, A New, , Democrat, Yankee, Locations: N.H, Concord, A, A New Hampshire, ” New Hampshire , Massachusetts, California, Hampshire, New Hampshire, Pembroke
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