JLL announced that the United Federation of Teachers (UFT) has leased 45,000-square-feet of office space at 2100 Bartow Ave., a four-story office building in the Co-op City area of the northeast Bronx. The UFT, which represents nearly 200,000 active and retired teachers and other professionals, will relocate its Bronx office... The post United Federation of Teachers to relocate Bronx office to Co-op City appeared first on Real Estate Weekly. JLL announced that the United Federation of Teachers (UFT) has leased 45,000-square-feet of office space at 2100 Bartow Ave., a four-story office building in the Co-op City area of the northeast Bronx. The UFT, which represents nearly 200,000 active and retired teachers and other professionals, will relocate its Bronx office from 2500 Halsey St. to occupy a portion of the fourth floor of the building, which was developed by Prestige Properties as part of the two-million-square-feet mixed-use Bay Plaza development in the Bronx. The new UFT office is expected to open in fall 2023. Originally built in 1988 and redeveloped in 2002, the 180,000-square-foot office building is located between I-95 and Hutchinson River Parkway.  It has extensive available parking, and is 12 blocks from the Gun Hill Road subway station, serviced by the 2 and 5 trains. JLL managing director Al Gutierrez and executive vice president Ian Ceppos represented the landlord in arranging the 20-year lease. The tenant was represented by Mark Boisi and Stephen Bellwood, of Cushman & Wakefield, and Neil Lipinski, of Lipinski Real Estate. “2100 Bartow Ave. provides the UFT with a revitalized office within a highly visible mixed-use development offering excellent transportation options, ample parking and affordable housing all within walking distance,” said Gutierrez. Added a spokesperson for the landlord, “We are delighted to welcome the UFT to 2100 Bartow Ave. where ownership has continually invested in upgrades that cater to the demands of today’s office tenants and attentive on-site management proactively addresses the desires of employees and visitors alike.” The post United Federation of Teachers to relocate Bronx office to Co-op City appeared first on Real Estate Weekly......»»

S&P 500 continued higher on very good market breadth and with bond market support, but already yesterday I announced I was looking for a NFPs facilitated setback aka daily correction preceded by relatively shallow premarket session as job creation, unemployment rate, participation rate and hours worked all showed that the job market remains tight, spurring […] S&P 500 continued higher on very good market breadth and with bond market support, but already yesterday I announced I was looking for a NFPs facilitated setback aka daily correction preceded by relatively shallow premarket session as job creation, unemployment rate, participation rate and hours worked all showed that the job market remains tight, spurring fresh bets on hawkish Fed to the delight of dollar bulls. .first{clear:both;margin-left:0}.one-third{width:31.034482758621%;float:left;margin-left:3.448275862069%}.two-thirds{width:65.51724137931%;float:left}form.ebook-styles .af-element input{border:0;border-radius:0;padding:8px}form.ebook-styles .af-element{width:220px;float:left}form.ebook-styles .af-element.buttonContainer{width:115px;float:left;margin-left: 6px;}form.ebook-styles .af-element.buttonContainer input.submit{width:115px;padding:10px 6px 8px;text-transform:uppercase;border-radius:0;border:0;font-size:15px}form.ebook-styles .af-body.af-standards input.submit{width:115px}form.ebook-styles .af-element.privacyPolicy{width:100%;font-size:12px;margin:10px auto 0}form.ebook-styles .af-element.privacyPolicy p{font-size:11px;margin-bottom:0}form.ebook-styles .af-body input.text{height:40px;padding:2px 10px !important} form.ebook-styles .error, form.ebook-styles #error { color:#d00; } form.ebook-styles .formfields h1, form.ebook-styles .formfields #mg-logo, form.ebook-styles .formfields #mg-footer { display: none; } form.ebook-styles .formfields { font-size: 12px; } form.ebook-styles .formfields p { margin: 4px 0; } Get The Full Ray Dalio Series in PDF Get the entire 10-part series on Ray Dalio in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';}(jQuery));var $mcj = jQuery.noConflict(true); Q4 2022 hedge fund letters, conferences and more   Today‘s analysis will be brief as things have worked pretty fine – and you know I had been very busy this week on Twitter… I‘m so glad to hear how you‘ve been killing it in the markets! Let‘s keep charting our path! Daily supports are the badly test 4,145 followed by 4,085, which the bears would like to see reached today – and I think they can get halfway there today. For next week (not meaning Monday to be clear), we have.4,225 on the upside as the most ambitious target that would provoke a battle to get overcome. Chart courtesy of www.stockcharts.com. Hop on my Twitter feed and go through some more of the key events shaping up this week, announced as of Tue and today. High standards, transparency and quality of service rule! Keep enjoying the lively Twitter feed serving you all already in, which comes on top of getting the key daily analytics right into your mailbox. Plenty gets addressed there (or on Telegram if you prefer), but the analyses (whether short or long format, depending on market action) over email are the bedrock. So, make sure you‘re signed up for the free newsletter and that you have my Twitter profile open with notifications on so as not to miss a thing, and to benefit from extra intraday calls.   Thank you for having read today‘s free analysis, which is a small part of my site‘s daily premium Monica's Trading Signals covering all the markets you're used to (stocks, bonds, gold, silver, miners, oil, copper, cryptos), and of the daily premium Monica's Stock Signals presenting stocks and bonds only. Both publications feature real-time trade calls and intraday updates. While at my site, you can subscribe to the free Monica‘s Insider Club for instant publishing notifications and other content useful for making your own trade moves. Turn notifications on, and have my Twitter profile (tweets only) opened in a fresh tab so as not to miss a thing – such as extra intraday opportunities. Thanks for all your support that makes this great ride possible! Thank you, Monica Kingsley Stock Trading Signals Gold Trading Signals Oil Trading Signals Copper Trading Signals Bitcoin Trading Signals www.monicakingsley.co mk@monicakingsley.co All essays, research and information represent analyses and opinions of Monica Kingsley that are based on available and latest data. Despite careful research and best efforts, it may prove wrong and be subject to change with or without notice. Monica Kingsley does not guarantee the accuracy or thoroughness of the data or information reported. Her content serves educational purposes and should not be relied upon as advice or construed as providing recommendations of any kind. Futures, stocks and options are financial instruments not suitable for every investor. Please be advised that you invest at your own risk. Monica Kingsley is not a Registered Securities Advisor. By reading her writings, you agree that she will not be held responsible or liable for any decisions you make. Investing, trading and speculating in financial markets may involve high risk of loss. Monica Kingsley may have a short or long position in any securities, including those mentioned in her writings, and may make additional purchases and/or sales of those securities without notice......»»

InvestED is the most popular stock trading podcast, with the most Google searches per month Podcasts Animal Spirits and Mad Money are the second most popular podcasts, both receiving 1,400 searches per month worldwide Invest Like The Best is the third most popular stock trading podcast A new study reveals the most popular stock trading […] InvestED is the most popular stock trading podcast, with the most Google searches per month Podcasts Animal Spirits and Mad Money are the second most popular podcasts, both receiving 1,400 searches per month worldwide Invest Like The Best is the third most popular stock trading podcast A new study reveals the most popular stock trading podcasts, with InvestED taking the top spot as the most popular. .first{clear:both;margin-left:0}.one-third{width:31.034482758621%;float:left;margin-left:3.448275862069%}.two-thirds{width:65.51724137931%;float:left}form.ebook-styles .af-element input{border:0;border-radius:0;padding:8px}form.ebook-styles .af-element{width:220px;float:left}form.ebook-styles .af-element.buttonContainer{width:115px;float:left;margin-left: 6px;}form.ebook-styles .af-element.buttonContainer input.submit{width:115px;padding:10px 6px 8px;text-transform:uppercase;border-radius:0;border:0;font-size:15px}form.ebook-styles .af-body.af-standards input.submit{width:115px}form.ebook-styles .af-element.privacyPolicy{width:100%;font-size:12px;margin:10px auto 0}form.ebook-styles .af-element.privacyPolicy p{font-size:11px;margin-bottom:0}form.ebook-styles .af-body input.text{height:40px;padding:2px 10px !important} form.ebook-styles .error, form.ebook-styles #error { color:#d00; } form.ebook-styles .formfields h1, form.ebook-styles .formfields #mg-logo, form.ebook-styles .formfields #mg-footer { display: none; } form.ebook-styles .formfields { font-size: 12px; } form.ebook-styles .formfields p { margin: 4px 0; } Get The Full Ray Dalio Series in PDF Get the entire 10-part series on Ray Dalio in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';}(jQuery));var $mcj = jQuery.noConflict(true); Q4 2022 hedge fund letters, conferences and more   The trading world has seen an ever-growing amount of interest over the past few years; worldwide searches for ‘how to get into trading’ increased 178%, and searches for ‘trading tips’ have seen a 195% increase over the past five years. Searches for ‘stock trading tips’ have increased by 204% worldwide over the past five years, proving how many people worldwide are interested in delving into the trading world. With the rise in popularity for podcasts skyrocketing over the past few years too, research was conducted to see which trading podcasts are the most popular. Ranking Most Popular Stock Trading Podcasts The research conducted by UK financial services provider CMC Markets explored Google search data by examining the average number of monthly searches for the top stock and trading podcasts, which resulted in a ranking of the most popular stock and trading podcasts. The most popular podcast in the rankings is InvestED, hosted by three-time New York Times best-selling author and hedge fund manager Phil Town and his daughter Danielle. The pair give advice and cast a light on the best investment strategies used by some of the most influential investors in the world. Stretching over 400 episodes, the father-daughter duo dominates the stock and trading podcast space, with fans worldwide tuning in to hear their advice. Searches for ‘InvestED podcast’ average at 1,600 searches per month worldwide, proving just how popular the podcast is. The following two podcasts in the rankings receive an average of 1,400 searches per month worldwide, placing them in joint second. The Animal Spirits podcast explores life, markets and investing and is hosted by Michael Batnick, a managing partner at Ritholtz Wealth Management and Ben Carlson, the author of the wealth management blog A Wealth of Common Sense. Their goal is to share their experiences in the markets and help make finance more understandable and accessible for their listeners. There are currently 454 episodes available for streaming, and with the podcast averaging 1,400 searches per month worldwide, fans are certainly listening to what they have to share. The Mad Money podcast is hosted by one of Wall Street’s most successful and influential money managers, Jim Cramer. The first episode was released in March 2005, and since then, the podcast has grown into a guide for people worldwide to become better investors. The podcast has a huge number of episodes, so there is plenty of advice on how to dominate the stock market. Cramer helps his listeners navigate the jungle of Wall Street investing in a lightning round where he offers his buy, sell and hold options to callers keen to hear his expertise. The third most popular stock trading podcast in the rankings is Invest Like The Best, hosted by Patrick O’Shaughnessy. This podcast provides insight into the minds of some of the best business and investment leaders across the globe, highlighting their trial-and-error methods of success and sharing stock market secrets exclusively to the show. The main goal of this podcast is to guide listeners on how to spend their time and money better, resulting in successful investment outcomes. Searches for ‘Invest Like the Best podcast’ average 1,000 searches per month worldwide, which secures its third-place spot in the rankings. The Meb Faber show is the fourth most popular stock trading podcast, averaging 400 monthly searches for the ‘Meb Faber podcast’ worldwide. The podcast aims to help listeners grow through wealth by making smarter investment decisions alongside featuring an array of top investment professionals dishing out their wisdom regarding investments. The podcast currently stretches to 526 episodes and is hosted by Meb Faber, a co-founder and Chief Investment Officer of Cambria Investment Management. Faber has also written numerous successful books and is a frequent speaker on investment strategies which is why fans worldwide are keen to be regular listeners of the podcast.   The following two podcasts in the rankings receive an average of 300 searches per month worldwide, placing them in joint fifth. With currently over 1,000 episodes, is Motley Fool Money, a multi-viewpoint podcast hosted by investment genius Chris Hill, in which he is joined by a team of top investment analysts who explore the day's top headlines in finance and business. The podcast is aimed at business-driven investors and helps to break down the stock market by sharing the perspectives of Hill’s special guests. We Study Billionaires is currently strung over 650 episodes and has gained over 95 million downloads. Hosted by Stig Broderson, Clay Finck and Trey Lockerbie, We Study Billionaires is the chief podcast of The Investor’s Podcast Network. During the show, the hosts are joined by some of the industry's most famous financial billionaires, who guide listeners on applying the best strategies and methods in the stock market. The Most Popular Stock Trading Podcasts Rank Podcast Name Search Term Global Monthly Search Volume 1 InvestED Invested Podcast 1,600 2 Animal Spirits / Mad Money Animal Spirits Podcast Mad Money Podcast 1,400 3 Invest Like the Best Invest Like the Best Podcast 1,000 4 The Meb Faber Show Meb Faber Podcast 400 5 Motley Fool Money We Study Billionaires Motley Fool Money Podcast We study Billionaires Podcast 300.....»»

Folders and labels in Gmail allow you to organize your inbox and keep your sanity. Here's how to set them up. Gmail labels are a great way to keep your email inbox organized.Shutterstock To create folders in Gmail, go to the Labels section in Settings. Click on Settings > Labels > Create New Label > Save. Gmail uses labels instead of folders to organize emails, but labels function similarly to folders. Folders are a must for keeping your email inbox organized. Gmail uses labels in addition to folders, but they're effectively the same thing and oftentimes you'll hear the terms used interchangeably. But unlike folders, you can apply more than one label to an email in Gmail.Folders and labels should not be confused with Google's built-in Categories, which are similar to the Spam folder and include Promotions, Social, Updates, and Forums. These can be toggled, but are not fully customizable like labels. To use a label as a "folder," use the "Move to" option to move an email or thread out of your inbox and into a label, which you can access in the left panel of your inbox.All work-related emails for a specific client, for example, can be put into one folder, and wedding planning related emails can be stored in another. You can even nest labels under other labels, which act like subfolders.Here's how to do it all.Note: Check out our guide to all the tips and tricks to master your Gmail inbox, including how to delete all of your emails.How to create a folder in Gmail on desktop1. Go to the Gmail website. Log in to your account if you aren't already logged in.2. Click the gear-shaped Settings icon at the top-right of the screen, then select See all settings.Select "See all settings" to create, edit, and delete folders.Abigail Abesamis Demarest/Insider3. In the Labels tab, scroll down to the Labels section and click Create new label.4. Enter the name of the label you want, then click Create. If you want the new label to nest under an existing label (like a subfolder), click the box next to Nest label under and select the folder you want the new label to go into.Label names can be a maximum of 225 characters.Abigail Abesamis Demarest/InsiderQuick tip: You can also create a label from an email by clicking the Labels icon, then Create new.How to create a folder in Gmail on iPhoneUnfortunately, folders cannot be created on the Android app for Gmail. The option does exist for iPhone, and you can take the following steps to set them up:1. Open the Gmail app on your iPhone or iPad.2. Log in to your account. 3. Tap the hamburger menu (three horizontal lines) on the top-left of the screen.4. Scroll down to the Labels section, then tap Create new.Scroll down past the list of already created labels to make a new one.Abigail Abesamis Demarest/Insider5. In the pop-up menu, enter the name of the label you want (225 characters max), then tap Done.Quick tip: You can also create a label from an email by tapping the three dots icon at the top-right of the screen. Tap Move, then the plus + symbol.How to apply labels in Gmail1. In your Gmail inbox on desktop, click the boxes next to the emails you want to label and click the Label icon on the right side of the top toolbar. On the mobile app, tap the circular profile icon of the sender on each email you want to label, then tap the three dots icon, and select Label in the pop-up.2. On both desktop and mobile, check the boxes corresponding to the labels you want to apply (you can choose more than one). On desktop, click Apply and on mobile tap the check mark to apply the labels.Select "Apply the label" and choose which label in the drop-down.Abigail Abesamis Demarest/InsiderQuick tip: To move a labeled message from your inbox to the label folder, click the Move to icon instead of the Labels icon, then click on the name of the folder you want to move the message(s) to. Note that you can only choose one destination folder.How to automatically apply labels via filteringYou can change your Gmail settings to automatically apply labels, and even forward emails with a certain label, by changing your filter settings.1. In your Gmail inbox on desktop, click the Show search options icon, which looks like three hatched lines, on the right side of the search bar.2. Set the parameters for the filter. You can filter by From, To, Subject, Has the words, Doesn't have, Size, and Date.3. After setting the criteria, click Create Filter.Add, delete, and edit labels in this section of the Settings menu.Abigail Abesamis Demarest/Insider4. On the next page, click the box next to Apply the label and choose a label from the drop-down menu.5. Click Create Filter.Select "Apply the label" and choose which label in the drop-down.Abigail Abesamis Demarest/InsiderHow to edit or delete a labelYou can edit or delete Gmail labels at any time, on desktop or iOS. On desktop:1. In your Gmail inbox on desktop,click the gear-shaped Settings icon at the top-right of the screen, then select See all settings.2. In the Labels tab, scroll down to the Labels section.3. To edit a label, click on the label name, enter in the new name, then hit the Enter or Return key. Alternatively, click the corresponding edit button in the Actions tab. You can also change a label's nesting properties in this window.Add, delete, and edit labels in this section of the Settings menu.Abigail Abesamis Demarest/Insider4. To delete a label, click the corresponding remove button in the Actions tab, then click Delete.On iOS:1. In the Gmail app, tap the hamburger menu icon in the top-left corner, next to the search bar.2. Scroll down and tap Settings.3. On the next screen, select the email address you want to apply the change to.4. Scroll down on the next page and select Label settings in the Labels section.Go to "Label settings."Grace Eliza Goodwin/Insider5. On the Label Settings page, tap the label you want to edit or delete.Select the label you want to edit.Grace Eliza Goodwin/Insider6. Tap the Name field to enter a new name, or tap the Delete [label name] button at the bottom to delete the label.Here you can rename or delete your label.Grace Eliza Goodwin/InsiderRead the original article on Business Insider.....»»

Mothers aren't the only workers affected by the policies, but data on their experiences offer a window into the impact of working from home. I’ll never know what it was like to be a working parent in the Before Times. My son was born in October 2020, and I returned to work—remotely—in February 2021. My routine back then was simple: I’d drive six minutes to drop my son off at his San Francisco daycare and then return home to work at my desk in his bedroom. There was no sweating on the bus as I realized that traffic was going to make me late to pick him up. No lugging a breast pump to and from a windowless lactation suite. No getting home at 6 pm to realize I’d forgotten to defrost the chicken for dinner. [time-brightcove not-tgx=”true”] The hand-wringing over whether women can really “have it all” is decades old by this point—you may have read Anne-Marie Slaughter’s 2012 take in The Atlantic (her conclusion: they can’t), or the New York Times Magazine piece in 2003 about the rise of college-educated mothers opting out of the workforce (“I wore myself out trying to do both jobs well,” one said). But the later phases of the pandemic, especially after many schools went back to in-person learning, offered a surprising experiment for those of us usually at the center of that debate: college-educated working moms like me, nearly half of whom were able to do our jobs from home. Without the burden of a commute, we did our jobs, took care of our kids, and sometimes even got to exercise. Being able to pull it off was dependent on having reliable childcare—a big “if”—but, for many people, remote work meant the difference between chaos and sanity. One recent study found that it saved people like me an average of 72 minutes a day. Evidence suggests that the increase in companies enforcing return-to-office mandates may drive American mothers out of the workforce at a crucial moment. Those 72 minutes matter, perhaps now more than ever. The skyrocketing cost of housing has made it much more difficult for families to live close to corporate jobs in cities, causing commute times to balloon. (People taking public transit to work had an average commute of 50.6 minutes each way in 2019.) Jobs in industries like law and finance are “greedier” than they used to be, leaving employees with grueling schedules—and their partners to pick up the household slack. Mothers are far from the only workers affected by these changes, but the data about their experiences provides a crucial window into the impact of working from home. Read more: Return to the Office? Not in This Housing Market By mid-2022, the labor-force participation rate for college-educated women was 69.6%, making this group the only one whose participation had not fallen from 2019, according to data analyzed by Richard Fry, a senior researcher at the Pew Research Center. That plateau was particularly remarkable given that the group’s labor-force participation has been slipping since it peaked in 1999 at 75%, even as women have been graduating from college at a higher rate than men since 2007 and outnumber them at medical and law schools. This, says Fry, is the demographic most likely to have jobs that can be done remotely. “The pandemic left college-educated women relatively unscathed,” Fry says. I’d argue that, for all the trauma and isolation of being a parent—or really, a human—during the pandemic, it did more than just that. I’ve talked to women who could hide their pregnant bellies from their coworkers, who wondered if their promotions might not have happened had bosses known sooner that they’d be out for maternity leave. Women who had morning sickness and could puke in the comfort of their own bathrooms. Women who didn’t have to decline meetings that began at 4:30, worried about the complicated math of train times and daycare pickup. Working from home, in short, allowed them to hide the evidence of the competing priority that is motherhood, which of course was good for their careers. In fact, there are now actually more college-educated women in the workforce than there are college-educated men, according to Fry—31.3 million women, a 7.5% jump from 2019, compared to 30.5 million men. Many of those women have toddlers and young children, according to work by Claudia Goldin, a Harvard economist. “Working at home may have opened doors and increased options for them,” she wrote in a 2022 paper. About 78.2% of female college graduates aged 25 to 34 who had children participated in the labor force in the fall of 2021, she found, compared to 77.2% in the fall of 2018. There was even a mini baby boom among college-educated women ages 30-34 during the pandemic, the first reversal in declining U.S. fertility rates since 2007. Researchers say the flexibility of remote work for this demographic may have contributed. A law-firm associate in Chicago who had a baby during the pandemic told me that she got three bonuses during the pandemic because of how much she got done while working remotely, and her experience is borne out by data showing that people are productive at home. Read more: Parents Say It’s More Important for Their Kids to Make Money Than to Start Families To be sure, women can and have worked outside the home while parenting for decades. My own parents both worked in offices full-time and managed to raise two kids, neither of whom turned out to be serial killers. And 75% of employed women who didn’t have a college degree kept reporting to their in-person jobs throughout the pandemic. But that doesn’t mean the system isn’t, well, kind of miserable. “It wasn’t sustainable, but I thought, this is what you have to do to have kids,” says Brianna, 33, a mom who, before the pandemic, left her house by 6 a.m. every morning in order to get to her job in downtown Nashville by 7 a.m. so she could leave by 3:30 to relieve her 2-year-old daughter’s caregiver. Before the pandemic, working remotely was frowned upon at her information-services company, says Brianna, who asked that her last name not be used because she didn’t clear our conversation with her bosses. Now, she works remotely and has more time for her kids and for her job. If she’d had to go back to the office, she says, she likely would have shifted to a part-time role—not a decision her husband would have made, even though they make the same amount of money. Though of course non-mom caregivers benefited from extra time too, working mothers are the ones whose responsibilities have grown, rather than fallen, over the decades. Compared to 2003, employed women are spending more time working and more time on childcare, according to the American Time Use Survey. Men, meanwhile, spent less time at work than in 2003, and also less time doing childcare and housework. That dynamic speaks to what sociologist Paula England calls the “stalled gender revolution,” which she attributes in part to the fact that women take on more childcare and household duties than do men. True progress toward gender equality, England says, will only come with “substantial institutional and cultural change.” Such as, for example, a sudden shift toward working from home. For some workers, having gotten a taste of that shift, there’s no going back. Iris Borkovsky was a data analytics manager for Uber who didn’t have strong opinions about remote work—until she became a mother in June 2022. Uber’s decision to begin enforcing a policy that workers spend half their time at the office was one of several reasons that Borkovsky decided to quit. (In October, Uber acknowledged that remote work helped work-life balance but said that people had a “stronger sense of belonging” and higher overall satisfaction with work when they were in the office regularly.) And that lawyer in Chicago with her three bonuses? She was told to start commuting three times a week in 2023. Now she’s talking to a recruiter to find a new job that will allow her to work remotely, even though she knows it will be a “step down” in prestige and pay. “The pandemic gave me a taste of what my life could be like—I could get excellent reviews at work and still felt like I’m being a good mom,” said the woman, who didn’t want her name used because she is still looking for a new job. “Why are we trying to push so hard to go back to this previous reality that wasn’t working so well?” Those two women are not alone. A recent survey conducted by McKinsey in partnership with LeanIn found that just one in ten women wants to work “mostly” on-site, compared to one in five men. Read more: No One Wants to Go Back to the Office As Much As White Men In the course of reporting this story, I talked to Suzanne Braun-Levine, who was the first editor of Ms. magazine from 1972 to 1988, during which time both she and her husband worked full-time and raised a son and a daughter in New York City. But despite her kids having been raised in a world in which feminist support for women in the workforce was part of the air they breathed, she was nervous that her daughter, who is eight months pregnant with her second child, would drop out of the workforce. Her daughter, Joanna Bozkurt, is a senior vice president at a financial institution and a pandemic mom like me; she gave birth to her first baby in March of 2021. Her husband keeps long hours as a lawyer at a big firm. Bozkurt is still determined to stay in the workforce after their second child is born, but acknowledges things will be different. And perhaps harder than it was for her parents. Her dad was the founding partner of a law firm, she says, but before cellphones and laptops, he would come home and not have to worry about work. Anecdotally, she says, her parents also seemed to be less plagued by guilt than she and her husband are. They didn’t stress as much about whether they were doing the “right” things to raise their kids. “I think guilt is a very recent thing,” Braun-Levine agrees, and surveys suggest she’s right that something has changed. Today’s mothers are finding parenthood a lot harder than they’d anticipated, perhaps because of the pressure they put on themselves. Remote work—which doesn’t just help college-educated moms in heterosexual relationships—can enable all parents to better share household and childcare responsibilities. Iris, the former Uber worker, says her husband is also a more confident parent for having been around to do more of the daily work of care and feeding. His company is fully remote except for one week a quarter, when teams get together in-person. Of course, there are big benefits to being in an office, around other people. Companies tout increased collaboration and mentorship opportunities for younger workers as reasons for calling people back. For some working moms, the ability to leave their children at daycare and go into a place where they are something other than a mom is an essential part of staying sane. But the idea that only in-person workers are dedicated to advancing in their careers is a false dichotomy leftover from the pre-pandemic world. People used to go into factories and then to offices because there was no other way to get work done otherwise. That’s no longer the case. Goldin, of Harvard, plays out a troubling scenario where, in an extension of existing family time-use choices, men go into the office five days a week and women go in only three; women will do the client-facing meetings on Zoom and men will go to Europe to close deals, and women, already behind on wages, will lose out on bonuses and pay increases. But it doesn’t have to be that way. “People think it’s mutually exclusive to be really ambitious and committed to your career and also demand flexibility,” says Rachel Thomas, the co-founder and CEO of LeanIn.Org. “I just want to say out loud, ‘I don’t think they’re at odds with one another,’” she says. Most working moms like me—most anybody, I’m sure—would love to be able to snap our fingers and be around our colleagues at work, and then snap our fingers and be home in time to pick up our kids from daycare. But this isn’t Star Trek. If companies are being truthful with themselves, they have to admit that working remotely is the closest thing to teleporting we’ve got. If they want to keep working mothers, something has to give......»»

Kelly McKenna, who started her business in February 2021, shares how therapists can diversify their revenue streams and grow their businesses. McKenna started her practice in 2021.courtesy of McKenna Kelly McKenna started her own virtual therapy practice in February 2021. Last year, she booked $350,000 in revenue from working 30-hour weeks. McKenna shares how therapists can diversify their revenue streams and grow their businesses. Kelly O'Sullivan McKenna knew something was missing from her job in 2020. She worked in nonprofit business management, but the role lacked the client relationships she'd fostered seven years earlier while earning her master's in social work. She started a part-time job as a therapist in March to fill that void, and two weeks later, she transitioned from in-person work to telehealth. Her longing for customer connection and her experience with telehealth prompted McKenna to launch a virtual therapy practice in February 2021 called Sit With Kelly. Today, McKenna meets with 15 clients per week – a decrease from 20 clients per week in 2021, to make room for more streams of income – and teaches other therapists how to start their own virtual practices. What's more, she booked $350,000 in revenue last year— more than double what she made at her previous job — which Insider verified with documentation.The telehealth industry grew in popularity during the pandemic, and virtual therapy and mental-health services saw substantial increases. By February 2021, 50% of psychiatry appointments and 30% of substance-use treatments were being conducted virtually, a study by the management-consulting firm McKinsey & Company found. There has never been a better time to start a virtual practice, McKenna said. Her Instagram account, which had 55,300 followers at the time of writing, brought in most of her clients.McKenna shared her advice for finding clients, developing multiple revenue streams, and finding a foothold in the telehealth industry. The interview with McKenna has been slightly edited for length and clarity. Take advantage of a virtual world to connect with clientsMcKenna meets with all of her clients online.courtesy of McKennaTwo weeks after I started with the private practice as a therapist, COVID-19 sent the world into lockdown and moved our clients online. That made the idea of starting my own business much more attainable. With telehealth, I saw a new opportunity. I went from working more than 60 hours per week — including nonprofit work and evening private-practice hours — to about 30 hours per week when I started my own business.But when shifting from insurance-based pay to private pay, therapists either have to be well known in the community or have a strong online presence in order to generate referrals. Whether that's through Instagram or a blog, clients need a reason to make the shift from "I'm looking for a therapist who takes my insurance" to "This therapist understands my issues. I want to work with her."Most therapists weren't taught anything about marketing in school. It's important to invest in learning those skills if you want to run a successful business, and social media is a great way to make sure those potential clients know you exist. Building that presence can ensure you keep your caseload full.Expand business offerings authentically  A post shared by Kelly | Anxiety Therapist (@sitwithkelly) Many of my Instagram followers are therapists who want to start their own business, so I launched an online course and additional coaching products to help them. The course comes in three tiers, which focus on specific aspects of running a virtual business. That way, I'm able to connect with people at all stages of their business-launching journey. Brand partnerships on social media are another arm of my business – bringing in $37,000 in revenue in 2022. But I keep my "influencing" posts separate from my therapy business.In an industry as focused on ethics as therapy, I make sure to only work with brands I use and love. Creators have to be careful with brand partnerships. You don't want to lose trust with your audience. I always make sure it's something that makes sense for my brand, such as CBD gummies or weighted blankets, and that I actually use and believe in.The future of therapy is digital, but not all platforms are equalVirtual therapy is a great opportunity for therapists, but we have to be conscious of the way we perform our services. As a virtual-only practice, I don't take any high-risk clients or those who need in-person meetings, where the therapist might have to physically see the patient to assess their progress.My biggest advice for early therapists is to create a network of other mental-health professionals who specialize in the services you don't. If I'm not the best fit for a client, I'll refer them to other psychiatrists or doctors I know. If you don't have a big professional network yet, starting a professional Instagram page is a great way to begin. Another recent change mental-health professionals have to be mindful of is the arrival of new startups in the virtual-therapy space. These can be affordable options for clients, but they often don't pay therapists nearly what they're worth. That's one of the reasons I'm so passionate about business coaching. Teaching therapists how to do it themselves, market themselves, and create a practice of their own is important to me and the future of the therapy space.Read the original article on Business Insider.....»»

Sub-savings accounts and investment options set this app apart from the rest, executive says......»»

Mobile remittance channels are among the cheapest in the world and yet account for only a small portion of the total transaction volume. Finder’s Elizabeth Barry explores why this is and the barriers to using a mobile remittance provider. Despite economic uncertainties and the changing nature of global migration since 2020, remittances remain an important […] Mobile remittance channels are among the cheapest in the world and yet account for only a small portion of the total transaction volume. Finder’s Elizabeth Barry explores why this is and the barriers to using a mobile remittance provider. Despite economic uncertainties and the changing nature of global migration since 2020, remittances remain an important part of life for both individuals and businesses. People must send money to their families. Digital nomads need to manage expenses. Businesses need to accept payments and pay international invoices, and the list goes on. if (typeof jQuery == 'undefined') { document.write(''); } .first{clear:both;margin-left:0}.one-third{width:31.034482758621%;float:left;margin-left:3.448275862069%}.two-thirds{width:65.51724137931%;float:left}form.ebook-styles .af-element input{border:0;border-radius:0;padding:8px}form.ebook-styles .af-element{width:220px;float:left}form.ebook-styles .af-element.buttonContainer{width:115px;float:left;margin-left: 6px;}form.ebook-styles .af-element.buttonContainer input.submit{width:115px;padding:10px 6px 8px;text-transform:uppercase;border-radius:0;border:0;font-size:15px}form.ebook-styles .af-body.af-standards input.submit{width:115px}form.ebook-styles .af-element.privacyPolicy{width:100%;font-size:12px;margin:10px auto 0}form.ebook-styles .af-element.privacyPolicy p{font-size:11px;margin-bottom:0}form.ebook-styles .af-body input.text{height:40px;padding:2px 10px !important} form.ebook-styles .error, form.ebook-styles #error { color:#d00; } form.ebook-styles .formfields h1, form.ebook-styles .formfields #mg-logo, form.ebook-styles .formfields #mg-footer { display: none; } form.ebook-styles .formfields { font-size: 12px; } form.ebook-styles .formfields p { margin: 4px 0; } Get The Full Henry Singleton Series in PDF Get the entire 4-part series on Henry Singleton in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';}(jQuery));var $mcj = jQuery.noConflict(true); Q4 2022 hedge fund letters, conferences and more   So you would think the cost of sending money would be close to, if not at the top of, the list of concerns for people transferring money into another currency. But one of the cheapest ways to send money — through a mobile provider –– isn’t the most popular. How Important Are Remittances, Anyway? Remittances mean different things to different people globally and are much more than what they appear at face value. For many people in low- and middle-income countries, for example Nepal or El Salvador, they are also a key driver of financial inclusion. According to a report by the Financial Stability Institute (FSI) of the Bank for International Settlements (BIS), remittance flows are so important to low- and middle-income countries that they have been greater than official development assistance since the mid-1990s and have surpassed foreign direct investment since 2019. “Remittances are usually the first financial service used by migrants and their families, thus providing a point of contact with the financial sector that can be leveraged to increase access to other financial services,” the report said. The digitization of remittances can therefore “further enhance their contribution to financial inclusion.” The Cost Of Currency Interestingly, the widely accepted definition of international remittances, provided by the World Bank, includes the fact that they are “typically recurrent.” This, coupled with the fact that low- and middle-income countries and migrants heavily rely on remittances, means it's essential to keep money transfer costs accessible for these groups. Costs differ depending on provider, payment method and country and can prevent huge barriers to those looking to send money internationally. Banks continue to be the costliest way to send money globally. A report by the World Bank found that it costs an average of 10.94% to transfer money with a traditional financial institution in the first quarter of 2022. That same report found it cost an average of 5.28% to send money with a money transfer operator during the same period — or 2.87% with a mobile operator. The report also found cost discrepancies when using different payment methods to send and receive remittances, although not as stark. However, sending and receiving money through mobile still came out as the cheapest in the first quarter of 2022, with an average cost of 2.77% when used to fund the transaction and 4.22% when disbursing the funds. More Mobile? So, with mobile money providers being the cheapest way to send money internationally, it must also be the most popular, right? Well, it isn't — not by a long shot. Mobile money represented less than 3% of all remittances globally as of 2021, and this is well below estimates. The State of the Industry Report on Mobile Money 2022 found that while total remittance flows to low- and middle-income countries were expected to increase by 7.3% in 2021, mobile money-enabled remittances grew faster by 48% to reach $15.9 billion. “Despite this impressive growth, the total value of remittances sent through the mobile money channel still represents just 2.7% of total forecasted flows to low- and middle-income countries, estimated at $589 billion in 2021. This indicates that, even after remarkable growth, the mobile money channel still has considerable potential,” the report said. So, why aren’t more people using mobile for global remittances? For one, cash is still king in foreign currency. Despite being more expensive to send remittances in cash, many people transferring money in low- and middle-income countries don't have access to traditional financial services and so need cash to complete the transaction. “Access to cheaper digital remittances requires both senders and receivers to access a transaction account. This is a big challenge for undocumented migrants on the sending side and financially excluded families on the receiving side,” said the BIS report. The report details that the dominance of cash is also “due to lack of access to transaction accounts, lack of options for receiving transfers using digital channels or lack of knowledge of digital products.” “[...] there could be a lack of an enabling ecosystem for digital payments: If money received digitally must be withdrawn in cash for use in places where digital payments aren’t widely accepted, cash might be the most convenient option.” Is There A Way Forward For Mobile Remittances? The barriers preventing a faster uptake of mobile remittances don’t outweigh the benefits of saving people money for those same remittances. The World Bank report found sending money using cash cost, on average, 6.37% in the first quarter of 2022 compared to 2.77% with mobile money.   It’s also estimated that a 1% cost reduction leads to a 1.6% increase in remittances to low- and middle-income countries, leading to increased financial inclusion outcomes. And while the growth in mobile remittance uptake has been slow, it’s making progress. Mobile money payments surpassed over $1 trillion in 2021, which was a 31% year-over-year (YOY) increase. And YOY, the cost of remittances has been trending down from 2011 to 2022. The UN has also identified bringing down remittance costs as one of its 10 strategic goals to reduce inequality. It aims to reduce the transaction costs of migrant remittances to less than 3% and eliminate remittance corridors with costs higher than 5%. The future looks brighter, cheaper and more mobile......»»

Labor Secretary Marty Walsh said he's not sure if the tech layoffs will be an issue for just a couple of months, or a longer-term situation. President Joe Biden shakes hands with Labor Secretary Marty Walsh during an event in the Rose Garden of the White House September 15, 2022 in Washington, DC.Anna Moneymaker/Getty Images Labor Secretary Marty Walsh told Insider he's watching tech layoffs closely. Even with thousands of layoffs, data shows that the job market and hiring is still booming. Walsh said there's a lot of opportunities out there, and that employers should focus on retention. The job market is booming, even if it doesn't feel like it. The country added over half a million jobs in January, well above economists' expectations, and the unemployment rate fell to its lowest since 1969.It might feel contradictory, with thousands of layoffs sweeping across the tech and media sectors. But the data shows that layoffs are not spreading to the broader economy, indicating that some sectors are just dealing with their own adjustments.Even so, Secretary of Labor Marty Walsh is keeping an eye on the situation."We're watching that closely to see what that means for the tech sector," Walsh told Insider. "I'm not sure if this is a couple of months issue or is this a longer term situation, but we're watching that closely." Walsh said that "we're seeing a lot of those folks who are being laid off are going back to work in the private sector." Walsh is not sold that apocalyptic predictions about economic conditions are going to come true. While the economy probably won't add over half a million jobs every month, he said, gains have been consistently strong over the last 12 months."I'm not in the camp that we're heading towards a recession or downturn in the economy. There might be certain sectors that might be hit a little harder than others," he said. "We have to continue to watch this and, and hopefully we continue to see good, strong growth throughout the year."And for those who are laid off or job hunting, Walsh wants them to know that "there's work out there." Just look at today's report: Hospitality and business services are hiring an "incredible amount," he said, and there's "options out there for people."Other sectors Walsh sees opportunity in: Construction, especially with the bipartisan infrastructure bill doling out billions; healthcare, especially in eldercare and assisted living facilities; nursing; and cybersecurity.That doesn't mean that you should necessarily quit for a better deal. Even with over 4 million Americans quitting their jobs, Walsh doesn't want the emphasis to be on the Great Resignation — he said he doesn't believe in terms like that — but instead on companies shifting more towards retaining the workers that they do have."Ultimately, what we'd like to see is sustainability in the job place. I think a lot of employers are seeing that," Walsh said. That might be part of the reason that the jobs report is so robust, according to Walsh. Employers are keeping around people, rather than laying them off as they would have in the past."When companies had to lay people off at the beginning of the pandemic, they had a really hard time getting people back," Walsh said. "I think that the lesson is learned from that experience."Read the original article on Business Insider.....»»

The 2023 Nissan Z is the start of a new era for the beloved "Z" sports car. We drove a $54,000 one with a stunning blue interior and exterior. The 2023 Nissan Z.Alanis King The 2023 Nissan Z is the start of a new era for Nissan's famous "Z" sports car. The Z starts at $39,990, and we drove a $53,655 model with a blue exterior and interior for a week.  Our car had flaws, but it was impossible not to like.  The 2023 Nissan Z has a lot to live up to. It's the start of a new generation of "Z" sports cars, which — whether they become pristine restomods or cheap drift cars — are a staple of car and tuner culture. To usher the Z into the modern era means reimagining that deep, decades-long heritage without completely losing it.The good news is, Nissan did just that. The 2023 Nissan Z.Alanis KingThe Z has always been special. Its lineage began with the Datsun 240Z in the 1960s and '70s — a timeless two-door with conical headlights and side mirrors mounted halfway down the hood. As the years and new Z models went by, the numbers in their names got bigger: Nissan subsequently introduced the 260Z, 280Z, 280ZX, 300ZX, 350Z, and 370Z, the oldest of which are now high-priced collectibles.The new Nissan Z with the original Datsun 240Z.NissanWhen the newest Z debuted in 2021, it did so with no numbers. It was simply the "Z," bringing with it a 400-horsepower, twin-turbocharged V6 engine and the choice of a six-speed manual or nine-speed automatic transmission.Its styling is evolutionary, combining iconic features of past Z cars — rooflines, logo placements, taillights, wheels, and the like — with sleek, retro-modern styling inside and out. It isn't just new and exclusive; it shares a bond with Z cars of years past, drawing everyone's eyes on the road.The 2023 Nissan Z.Alanis KingThe Z's arrival was a big deal — not just because of its heritage, but also because its outgoing generation, the 370Z, debuted in 2008. New cars, like any technology, aren't supposed to be teenagers.  For 2023, the Z starts at $39,990. It comes in three trims: Nissan Z Sport ($39,990): This is the basic version of the car, with 18-inch wheels, cloth seats, Apple CarPlay, Android Auto, an eight-inch touchscreen, a leather-wrapped steering wheel, and driver-assistance features like pedestrian detection and blind-spot warning.Nissan Z Performance ($49,990): This trim adds 19-inch wheels, leather and synthetic-suede seats, launch control, an upgraded Bose audio system, a nine-inch touchscreen, heated and power-adjustable front seats, and noise cancellation. Nissan Z Proto Spec ($52,990): The Proto Spec is a special trim with highlighter-yellow accents, 19-inch bronze wheels, and yellow brake calipers. Nissan is limiting the Proto Spec to 240 units in the US. My loaner car was a Z Performance with a nine-speed automatic. With added two-tone paint ($1,295), fancy floor mats ($400), other optional appearance features, and fees, it came to $53,655.What the Z does right: aesthetics and spaceTo step into the Z is to step into a shrine of itself, with the car's iconic letter slashed into everything: the steering wheel, floor mats, trunk, door sills, and more. Even the driver's digital instrument cluster erupts into a supernova of white light with a Z at the center, like a modern ad for "The Mask of Zorro." The 2023 Nissan Z.NissanMy loaner Z was stunning. Its "Seiran Blue" paint and sloping black roof cloaked an equally beautiful interior, with bright blue seats and black accents flowing through the cabin. Three gauges showing turbo speed, battery voltage, and boost sank into the top of the black dashboard, facing the driver's seat as their red needles bobbled.The 2023 Nissan Z.Alanis KingThe Z's grille and taillights are made up of rounded rectangles, making the car one cohesive piece. Its color options from the factory — including my car's blue interior and a highlighter-yellow paint option — won't mean anything to most people, but they'll mean everything to the audience they're for. The 2023 Nissan Z's flush door handles.NissanThe whole car feels intentional. The door handles are flush to the Z instead of jutting out from it — an aerodynamic and aesthetic advantage most people will recognize from Teslas. But unlike Tesla's flush handles, which froze over for years because there wasn't anything to grab onto, the Z has hand-sized crevices you can use to pull the handles open. It's all the utility of a normal handle with all the style of a flush one.The 2023 Nissan Z.NissanBut the Z isn't just pretty — it's usable, especially for a two-door sports car. Its shiny infotainment touchscreen is easy to work, and multiple people I showed the car to agreed on how crisp the display was.—Alanis King (@alanisnking) January 4, 2023Plus, the Z makes storage easy. Each of its two seats has a sunken shelf behind it for your purse, water bottle, and other items, and the car has a hatchback in place of a traditional trunk. In a hatchback, a huge back panel (including the rear window) lifts up, creating tons of vertical and horizontal space. The Z's hatch was big enough for me to sit and roll around in during photoshoots.How the Z drivesDriving the Z left me curious and a little confused. It felt like it didn't perfectly fit in any mental category I've established for sports cars, and I think a lot of that traces back to its $53,000 price. The 2023 Nissan Z.Alanis KingMy Z produced a deep but polite rumble that made itself known as a sports car without disturbing the neighbors. The steering was responsive but not heavy, and the shifts were slower than I would've liked. The turbo lag was harsh but didn't last long, and 400 horses was enough power to have a little fun.But the Z's ride quality was in limbo. It wasn't soft and insulated from the road like a more luxurious car, nor did it have the visceral connection to it like a fancy sports car. The road noise was just a loud hum that got louder on the highway.—Alanis King (@alanisnking) January 5, 2023I took the Z out to my local "good roads" — you know, the curvy ones without a lot of traffic — and enjoyed it but wasn't blown away. It felt more like I was tossing the car into turns than gliding through them, and I wasn't glued into the seat when I did. I leaned in, through, and out of each corner, with my butt always diagonal to my shoulders. What the Z lacks: refined interior detailsMuch like the driving experience, the Z's other flaws trace back to its price. The black interior panels changed from soft to hard material in certain spots, and like hair extensions in the wrong shade, you could tell they weren't the same. The 2023 Nissan Z.Alanis KingThese material changes are a normal thing in cars; softer materials look pretty, while harder ones help with cleanup and wear in more vulnerable, high-use areas. But it would have looked so much better if the soft and hard panels had something in between them — a slice of color, for example — to make their inconsistencies less obvious.The 2023 Nissan Z (left) and 2013 370Z (right). If you look just in front of the cupholder, you'll see the seat-heater switches.NissanThe interior had yellow lighting on the ceiling and in the visor mirrors instead of modern white LEDs, and the bottom two corners of the infotainment screen in my Z glowed like backlight bleed on an old television. That conveys age, whether it's by design or not.Many of the physical controls in the car were also thick and plasticky, and the switches that turned on the heated seats looked just like the ones in the 370Z from 10 years ago. Again, aging!The 2023 Nissan Z.Alanis KingAll of this would have been fine at a lower cost. Even as the average price of a new car nears $50,000, I look at all the affordable sports cars out there — the Subaru BRZ, Mazda Miata, Ford Mustang, and others, whether they're direct competitors to the Z or not — and recognize that the Z is a big investment. Our impressions: a great car, with sacrifices The new Z isn't perfect, but it's not supposed to be. The beauty of a Z isn't that it's flawless from the factory; it's what the car can become, through modifications, drift builds, or just getting used to its quirks.The 2023 Nissan Z.Alanis KingI think the Z is the right car for a lot of people. It's stunning, it has heritage, and it captivates both car enthusiasts and regular people.In spite of the Z's flaws, it's impossible not to like. All the best cars are. Read the original article on Business Insider.....»»

The Pentagon's press secretary declined to give many details on the Chinese spy balloon that is over the U.S. during a press briefing Friday. "I can tell you that the balloon continues to move eastward and is currently over the center of the continental United States," said the spokesman, U.S. Air Force Brig. Gen. Patrick Ryder. When asked about shooting down the balloon, as some Republican lawmakers have suggested, Ryder would only say officials are reviewing options. When asked about China's assertion that it’s a weather balloon, he said, "The fact is, we know that it's a surveillance balloon." Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news......»»

The Pentagon said the U.S. military considered shooting down the Chinese spy balloon that's over the continental U.S. "That was an option," said a Pentagon spokesman, U.S. Air Force Brig. Gen. Patrick Ryder, during a press briefing. "Because we assess that it currently does not pose a physical or military risk to people on the ground, for now we're continuing to monitor and review options." Some Republican lawmakers have called for shooting down the balloon. When asked about Canadian claims about a second potential incident, Ryder said the U.S. is "tracking one balloon," so "in regards to statements by Canada, I'd refer you back to them." Earlier in the briefing, he said the surveillance balloon is over the center of the continental U.S. and moving eastward.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news......»»

Hyundai's upcoming Ioniq 6 sedan can drive an estimated 361 miles on a full battery, three miles more than the Tesla Model 3. The Hyundai Ioniq 6 will have better max range than the Tesla Model 3 when it hits the market this year.Hyundai The Hyundai Ioniq 6 sedan brings streamlined looks and impressive driving range.  It can drive 361 miles before needing to charge up, the EPA recently said.  Tesla's Model 3 has a maximum range rating of 358 miles. Hyundai didn't design its newest electric car with a slippery, dolphin-like shape just because it looks cool. (It does.) Nor was the decision made to honor one of the most intelligent non-human creatures on Earth. (They should really be running things if you ask me.)The upcoming Ioniq 6 sedan's smooth, streamlined profile is all about aerodynamics. In the world of electric vehicles, minimal drag translates to maximum driving range. And being able to travel a long way before stopping to charge is a big deal for EV buyers. Hyundai's work has paid off. This week, the EPA granted the Ioniq 6 a stellar range estimate of up to 361 miles, three miles more than Tesla's uber-successful Model 3. The accomplishment gives Elon Musk one more thing to worry about as rivals like Hyundai, Ford, and Polestar put out increasingly competitive products and eat into his company's sales. The Hyundai Ioniq 6.HyundaiThat's the rating for the Ioniq 6 with rear-wheel drive and the larger battery option. The same car with all-wheel drive (which requires a second motor and sucks up more energy) is EPA-rated at 316 miles. Ioniq 6 sedans with the cheaper, standard-sized battery pack earned ratings of 270 miles (for AWD models) and 305 miles (for RWD models).The base, rear-wheel-drive Model 3 serves up 272 miles of EPA range. The Long Range version goes 358 miles per charge. But the comparison to Hyundai isn't one-to-one, since the rangiest Model 3 provides all-wheel drive. The Ioniq 6 also matches the Lucid Air as the country's most efficient EV, according to the EPA. Hyundai hasn't said how much the Ioniq 6 will cost when it arrives at dealerships this spring. But it looks primed to become one of the more appealing EV options on the market. Read the original article on Business Insider.....»»

Executive chef Marco Goetz has overseen the culinary operations of several Carnival-owned cruise lines for the past 15 years. Cruise ship chefs can make anywhere between $6,000 to $8,500 a month, Goetz told Insider. He typically works eight months out of the year and is not paid for the remaining four.Courtesy of Marco Goetz Marco Goetz has worked on some of the world's largest cruise ships as an executive chef.  For the past 15 years, he's overseen the culinary operations on several Carnival cruise lines.  He said a missed port or late food shipment can throw a meticulously designed menu into disarray. The most difficult part of Marco Goetz's 20-plus-year career hasn't been the 14-hour shifts or living at sea for months at a time. Instead, he says it's been mastering the intricate system that enables 265 galley cooks and stewards to feed 4,700 passengers and crew members every day. "You are more or less like in the army. And everybody has their stripes," Goetz, who has worked on several Carnival cruise lines over the past 15 years, told Insider.In 2020, Carnival enlisted Goetz to help solve one of the cruise industry's most dire crises to date: figuring out how to feed thousands of quarantined passengers and crew members onboard the Diamond Princess stranded in Japan, home to what was at the time the largest number of COVID-19 infections outside of mainland China.The Diamond Princess cruise ship, with over 3,700 people quarantined onboard due to the COVID-19 outbreak, anchored at the Daikoku Pier Cruise Terminal in Yokohama port on February 6, 2020.KAZUHIRO NOGI/AFP via Getty ImagesThe industry veteran traveled from Los Angeles to the port of Yokohama to solicit piecemeal deals from local hotels, as a single restaurant or catering company could not possibly feed all the hungry mouths on board.  The logistical nightmare that followed is an extreme example of how many moving parts make up the massive floating cities, where food is sourced from apartment-sized freezers and container ships instead of grocery stores and farms. "On land, your daily routines are more organized — you know what is coming," Goetz told Insider. "On the ship, you never know."The art of the buffet Guests are served food in the Marketplace buffet onboard the cruise ship MSC Virtuosa.Andrew Matthews/PA Images via Getty ImagesThe corporate executive chef of a cruise ship combines the expertise of a chef with the skills of a business manager to oversee the vessel's entire culinary operation. This can include everything from ingredient orders and cost reductions to menu design and staff training.It's a position that allows for a birds-eye view of a cruise line's food supply chain, a delicate sequence of operations that a single aberration like a missed port or late shipment can plunge into chaos. Carnival's Caribbean Princess ship (on which Goetz worked this fall) has seven dining rooms and five specialty restaurants, including an Italian trattoria, steakhouse, and wine bar. Instead of picking up food along the route, cruise ships load up at the origin port on all the food needed for the journey, Goetz told Insider. Food shipments are then stored inside the cruise ship's massive freezers, an inventory process that Bloomberg's Brandon Presser described as an "art form" in a 2018 feature on Royal Caribbean's Harmony of the Seas. "Overestimate the order, and the voyage becomes less profitable (and wasteful); underestimate, and you'll risk a riot over coconut shrimp," Presser wrote. "Luckily, passengers' eating habits are fairly predictable. On the average week-long cruise, Royal Caribbean estimates its guests will be 80 percent American, consuming around 3,000 bottles of wine, 7,000 pounds of chicken breast, and almost 100,000 eggs."Throughout the cruise, buffet options are adjusted in accordance with guests' nationalities, Goetz told Insider. After each meal, galley staff takes note of which food was most and least popular, he added. "If you have more Germans on the ship, for breakfast they want more sausages, cold cuts, things like that," Goetz explained. "When you have French passengers then it's more baguettes, croissants."But despite the meticulously calculated menu, every now and then guests will become upset by the fact that the chefs don't have an endless supply of special dishes at their fingertips, Goetz said. "If they ask for tomato, there's no problem," he told Insider. "But if somebody asks for a Kobe steak or they want something completely special — if we don't carry on board we can't provide it."In the kitchen, health inspections are top of mind.Chefs in the galley of Cunard's Queen Elizabeth cruise ship.James D. Morgan / Getty ImagesGoetz's day typically begins at 6 or 7 a.m. — unless the cruise is docked at an American port. "If it's an American port, you start at five o'clock or even earlier because you need to be ready for public health," he said.Health inspections are always top of mind in cruise ship kitchens. Gastrointestinal diseases spread like wildfire — and a chef's worst nightmare is to be blamed for an outbreak. Executive chefs like Goetz largely dictate their own schedule and can take breaks throughout the day to get off the boat and explore different ports. A hobbyist photographer, Goetz said getting off the ship and taking photos allows him to stay sane below deck. Cruise ship chefs can make anywhere between $6,000 to $8,500 a month, Goetz said, noting that he typically works eight months out of the year and is not paid for the remaining four. A corporate executive chef in New York City makes between $124,240 and $157,247 a year, according to salary.com, which divides out to over $10,000 a month. But, cruise ship workers receive living quarters (most chefs have their own cabin) and meals for free. For rank and file galley staff who regularly work eleven to 14-hour shifts for six months straight, "it's the toughest job you can have," Goetz said. "It's difficult to give crew full days off but maybe a few more hours or maybe a half a day, just to give them some time to see the world," he told Insider. "Some of the chefs just abuse people and that's something which needs to be changed."Do you work on a cruise ship? Have a tip or story to share? Email this reporter from a non-work address at htowey@insider.comRead the original article on Business Insider.....»»

Move over quiet quitting, career cushioning is the big next workplace trend that employees are jumping to help them navigate uncertain times. Some employees are "career cushioning" to protect themselves in case they are laid off.z_wei / Getty Images Some employees are "career cushioning" to protect themselves in case they are made redundant. The new workplace trend refers to employees creating a professional Plan B. Some workers are keeping their options open, while others are actively applying for new roles.  Some employees are "career cushioning" to protect themselves in case they are laid off.Layoffs and hiring freezes are picking up speed, especially in the tech sector, and some workers are getting worried about their job security ahead of a likely recession.The growing concern around layoffs has replaced a wave of "quiet quitting" with "career cushioning," a new workplace trend that has employees scrambling for a professional "Plan B.""With the threat of redundancy looming over employees, it's unsurprising that many are starting to plan ahead in the event that they may lose their job," Brean Horne, personal finance expert at NerdWallet, said in comments sent to Insider."This doesn't mean employees are changing their attitude towards their current role," Charlotte Davies, a career expert at LinkedIn, told Insider. "They're using 'career cushioning' as an insurance policy to set themselves up for success should they need to in the future."What is 'career cushioning?'The concept comes from a dating term. In romantic relationships, cushioning refers to people who consider other partners to soften the blow of a potential breakup. In professional life, "career cushioning" means workers will start to look for other jobs while still in their current roles. It can refer to employees who engage in any level of job hunting. Some are merely browsing job listings, while others are actively applying for new roles. Such employees are often trying to add an extra layer of security during uncertain economic times. Cushioning not only gives employees professional security but can also soften the emotional blow of being laid off. How can workers protect themselves?Those who "career cushion" are normally trying to establish a contingency plan and improve their employability in case they are made redundant."Career cushioning" can also help employees "strengthen their networking contacts to help them transition into another position if they happen to lose their current one," Horne said.For a lot of people, career cushioning is an exercise in building confidence, LinkedIn's Davies said. She recommended workers try to upskill if they are worried about job security."You can give yourself the confidence that if things do go wrong, you're armed with a wide set of skills to support a future job search," she said.Read the original article on Business Insider.....»»

Yesterday marked the official opening of Hadley Place, Burkentine Real Estate Group’s new luxury rental community at 4275 Valley Rd. Enola, PA.  The development sits on 22 acres in Cumberland County, which ranks 7th in the top 10 list of fastest-growing counties in Pennsylvania according to U.S. Census data. This bedroom community serves the... The post Burkentine Announces Phase 1 Completion of $61-Million Development in Pennsylvania’s Fastest Growing County appeared first on Real Estate Weekly. Yesterday marked the official opening of Hadley Place, Burkentine Real Estate Group’s new luxury rental community at 4275 Valley Rd. Enola, PA.  The development sits on 22 acres in Cumberland County, which ranks 7th in the top 10 list of fastest-growing counties in Pennsylvania according to U.S. Census data. This bedroom community serves the needs of commuters as its close proximity to I-81 and Routes 15 and 11, will make it easy for those working in York and Harrisburg, PA. “Here in central Pennsylvania, there are several large hospitals trying to address the needs of traveling nurses and visiting specialists as well as their permanent staff,” said company owner, Mike Burkentine. “We are also near the PA State Capital where incoming legislators need rental options.  In addition, we have nearby areas specializing in tourism such as Gettysburg and Hershey. These groups come with a variety of housing needs. We are focused on creatively meeting the demand of all residents. The property will consist of 224 units, offering a mix of 1-story apartments and 3-story townhomes. Floorplan options include 1-3 bedrooms and 1-2 bathrooms. Each unit features a deck or a patio space for outdoor seating, and kitchens are well equipped with stainless steel appliances and granite countertops. Residents will enjoy a quiet, walkable, pet-friendly neighborhood. Amenities include a pool, clubhouse, and fitness center.  “We are very excited for Burkentine Properties to open Hadley Place in Enola.  This community will appeal to many and provide quality apartments and townhomes in an area with existing amenities and easy access to schools, hospitals, dining, and shopping.  Thank you for choosing Enola to build and develop this new community of housing options.” – George Book, President & CEO of the West Shore Chamber. The post Burkentine Announces Phase 1 Completion of $61-Million Development in Pennsylvania’s Fastest Growing County appeared first on Real Estate Weekly......»»

Altria stock is rising after beating on the bottom line and announcing a $1 billion share buyback program. The earnings beat is due to higher prices that, for now, are overcoming slumping sales. Altria is trying to expand away from its core tobacco business. MO stock can be held for its dividend now, but when […] Altria stock is rising after beating on the bottom line and announcing a $1 billion share buyback program. The earnings beat is due to higher prices that, for now, are overcoming slumping sales. Altria is trying to expand away from its core tobacco business. MO stock can be held for its dividend now, but when investors start to look for growth there are better options. 5 stocks we like better than Altria Group On a day when it’s important for companies to beat on earnings, Altria Group, Inc. (NYSE:MO) delivered. The company reported better-than-expected earnings per share (EPS) of $1.18, which was two cents higher than consensus estimates of $1.16. .first{clear:both;margin-left:0}.one-third{width:31.034482758621%;float:left;margin-left:3.448275862069%}.two-thirds{width:65.51724137931%;float:left}form.ebook-styles .af-element input{border:0;border-radius:0;padding:8px}form.ebook-styles .af-element{width:220px;float:left}form.ebook-styles .af-element.buttonContainer{width:115px;float:left;margin-left: 6px;}form.ebook-styles .af-element.buttonContainer input.submit{width:115px;padding:10px 6px 8px;text-transform:uppercase;border-radius:0;border:0;font-size:15px}form.ebook-styles .af-body.af-standards input.submit{width:115px}form.ebook-styles .af-element.privacyPolicy{width:100%;font-size:12px;margin:10px auto 0}form.ebook-styles .af-element.privacyPolicy p{font-size:11px;margin-bottom:0}form.ebook-styles .af-body input.text{height:40px;padding:2px 10px !important} form.ebook-styles .error, form.ebook-styles #error { color:#d00; } form.ebook-styles .formfields h1, form.ebook-styles .formfields #mg-logo, form.ebook-styles .formfields #mg-footer { display: none; } form.ebook-styles .formfields { font-size: 12px; } form.ebook-styles .formfields p { margin: 4px 0; } Get The Full Ray Dalio Series in PDF Get the entire 10-part series on Ray Dalio in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';}(jQuery));var $mcj = jQuery.noConflict(true); Q4 2022 hedge fund letters, conferences and more   Find A Qualified Financial Advisor Finding a qualified financial advisor doesn't have to be hard. SmartAsset's free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you're ready to be matched with local advisors that can help you achieve your financial goals, get started now. But the real reason that MO stock is up over 5% in mid-morning trading is the company’s announcement of a $1 billion share buyback program. By many metrics, Altria stock was undervalued heading into earnings. That means a share buyback program can have two noticeable benefits. First, it will increase the company’s earnings per share. A company’s outstanding shares is the denominator in the earnings per share calculation. It can also reduce the pressure on a company’s dividend payouts. That bodes well for Altria because the dividend is the most compelling reason to own the stock. It currently has a dividend yield of 7.96% and pays out $3.76 per share annually. Altria also has a 13-year track record of increasing its dividend. For investors looking for areas to wait out a recession, dividend stocks are a compelling option. But there’s something inside the numbers that suggests investors should proceed with caution regarding MO stock. Pricing Power Is An "Or" Not An "And" As noted above, Altria beat on the bottom line. But the top line was a different story. On the surface, it doesn’t look too bad. Revenue came in at $5.08 billion, just shy of the $5.14 billion expected. However, it’s always important to look at the management’s commentary to understand why. In this case, management is saying that the revenue reflects higher prices that helped offset declining volume. The idea that Altria would have pricing power is not surprising. The tobacco company’s products will always be in demand even if consumers move to lower-priced products. However, you’d like to see pricing power be evident in addition to increasing sales. So, you would say that a company increased sales or at least saw flat sales while profits increased. When a company reports declining revenue but higher profits, it’s an “or” statement. That would concern me as an investor, particularly as the tobacco industry continues to be on the wrong side of ESG policies. Where Could Investors Be Right? Altria isn’t unaware of the threat that faces the tobacco industry. Through its U.S. Smokeless Tobacco Company unit, Altria is “the leading producer and marketer of moist smokeless tobacco.” Additionally, the company has a 45% equity stake in Cronos Group, Inc., a leading cannabinoid company headquartered in Canada. But in both cases, the argument could be made that Altria is shuffling deck chairs on the Titanic. That may be too harsh, but the premise is the same. The company is in an industry that is out of favor.   What To Do with Altria Stock? Heading into earnings, analysts surveyed by MarketBeat gave Altra stock a Hold rating with a price target of $46.91. Coincidentally, that’s right about where the stock is in mid-day trading. Of course, analysts may issue more bullish guidance after the report. But with interest rates likely to remain elevated and an economy weakening, I wouldn’t count on that. If I owned Altira stock, holding on to it and collecting a dividend would be a good strategy for now. The market will likely post tepid gains at best, and MO stock may be able to keep up. But if the January effect turns into something more, investors may want to look for better options. Should you invest $1,000 in Altria Group right now? Before you consider Altria Group, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Altria Group wasn't on the list. While Altria Group currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys. Article by Chris Markoch, MarketBeat.....»»

Amazon execs say the slowdown is due to customers slowing their own spending as they look to reduce all kinds of costs amid the economic downturn. Amazon CEO Andy Jassy and other company execs presented figures Thursday that showed a slowdown at AWS.Associated Press Amazon's cloud business is seeing a slowdown in growth as customers reduce spending.  Amazon's execs say AWS growth will decline even further this quarter. Customers are optimizing spending as they look to reduce costs amid the economic downturn. The growth of Amazon's cloud business was shaved in half as companies confronting an economic slowdown look to cut costs.In other words, a bank that has fewer deals to make needs less computing power; same with an advertising agency that has fewer ads to place. All of that translates into less spend at Amazon Web Services, or AWS — Amazon's cash cow that brought in revenues of $21.4 billion last quarter. AWS still logged 20% growth compared to the same period a year ago, but that's down sharply from the same quarter in 2021, when AWS logged 40% growth.The decelerating numbers come as Amazon as a whole reported its slowest year of growth in the time it's been a public company.Meanwhile, AWS's growth is expected to continue to slow even further in the quarters ahead, Amazon CFO Brian T. Olsavsky said on a call with Wall Street analysts. He said trying economic times would continue to be a "headwind," saying AWS's growth could notch down even further into the mid-teens.It's not entirely surprising. Analysts were expecting a slowdown in growth after Microsoft also reported slowing cloud growth last week. Analysts lowered their expectations after that, but AWS numbers missed even those dimmed expectations. As corporate customers look to save money in an economic downturn, they want to cut their cloud costs, CEO Andy Jassy said. There's various things customers are doing when cutting spending, including switching to lower-cost products, running calculations less frequently, or looking at different options for data storage. Still, Olsavsky said the slowdown wasn't cause for alarm. "We do have new deals," he said, pointing to new customers in the pipeline. "And whether there's short-term belt tightening in the infrastructure expense by a lot of companies, I think the long-term trends are still there. And I think the quickest way to save money is to get to the cloud."Got a tip? Contact this reporter via email at pzaveri@insider.com or Signal at 925-364-4258. (PR pitches by email only, please.) Read the original article on Business Insider.....»»

Retirement planning can easily be overlooked while juggling your career, raising children, paying off debt, and enjoying today. In fact, according to a Bankrate survey conducted in 2022, 55 percent of American workers are behind on their retirement savings. If you want to create a financially secure future, however, you need to know what options […] Retirement planning can easily be overlooked while juggling your career, raising children, paying off debt, and enjoying today. In fact, according to a Bankrate survey conducted in 2022, 55 percent of American workers are behind on their retirement savings. If you want to create a financially secure future, however, you need to know what options you have and their benefits. Creating a retirement plan early in life is essential if you want to have a financially stable retirement. For example, by diverting some of your paychecks to a tax-advantaged retirement savings plan, you can grow your wealth exponentially to achieve peace of mind. But there may be other options depending on what your employer offers. In addition, all working Americans can set up their own individual retirement accounts, which have a lot of tax benefits. Believe it or not, Uncle Sam wants you to save for retirement. That’s why the government offers these tax benefits. if (typeof jQuery == 'undefined') { document.write(''); } .first{clear:both;margin-left:0}.one-third{width:31.034482758621%;float:left;margin-left:3.448275862069%}.two-thirds{width:65.51724137931%;float:left}form.ebook-styles .af-element input{border:0;border-radius:0;padding:8px}form.ebook-styles .af-element{width:220px;float:left}form.ebook-styles .af-element.buttonContainer{width:115px;float:left;margin-left: 6px;}form.ebook-styles .af-element.buttonContainer input.submit{width:115px;padding:10px 6px 8px;text-transform:uppercase;border-radius:0;border:0;font-size:15px}form.ebook-styles .af-body.af-standards input.submit{width:115px}form.ebook-styles .af-element.privacyPolicy{width:100%;font-size:12px;margin:10px auto 0}form.ebook-styles .af-element.privacyPolicy p{font-size:11px;margin-bottom:0}form.ebook-styles .af-body input.text{height:40px;padding:2px 10px !important} form.ebook-styles .error, form.ebook-styles #error { color:#d00; } form.ebook-styles .formfields h1, form.ebook-styles .formfields #mg-logo, form.ebook-styles .formfields #mg-footer { display: none; } form.ebook-styles .formfields { font-size: 12px; } form.ebook-styles .formfields p { margin: 4px 0; } Get The Full Henry Singleton Series in PDF Get the entire 4-part series on Henry Singleton in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';}(jQuery));var $mcj = jQuery.noConflict(true); Q4 2022 hedge fund letters, conferences and more   To make retirement planning less stressful, here’s how you can choose the right retirement plan. Which Retirement Plan is Best for You? There are tax advantages in almost all retirement plans, whether you’re saving or withdrawing. A traditional 401(k) contribution, for instance, reduces your taxable income since pre-tax dollars are used. The Roth 401(k) plan, on the other hand, uses after-tax dollars for funding, but withdrawals are tax-free. Employers may also contribute to retirement savings plans through matching contributions, such as 401(k) and 403(b) plans. In your decision between investing in a 401(k) and an individual retirement account (IRA), go with the 401(k) if your company matches your contributions. Check to make sure you’re taking full advantage of your company’s 401(k) match if available or if you’re automatically enrolled — which is a big change in retirement under the SECURE 2.0 Act. And consider increasing your annual contribution, since many plans start you off at a paltry deferral level that is not enough to ensure retirement security. 401(k) plans are currently available at many companies, but they are not usually automatically enrolled. According to a 2020 survey by the Society for Human Resource Management, only 51% of companies automatically enroll new or existing employees in 401(k) plans. In addition, an AARP survey this year concluded that nearly half of all workers in the U.S. don’t have access to retirement plans at work. That comes out to around 57 million private sector workers between the ages of 18 18 and 64. There are also retirement savings options for self-employed people. Roth IRA and traditional IRA plans, which have smaller annual contribution limits than most other plans, are also available to rank-and-file workers, entrepreneurs, and professionals who meet certain income limits. SEP IRAs, SIMPLE IRAs, and solo 401(k) plans are also available to you. The Best Retirement Plans for Individuals As long as you have taxable (earned) income, you can open an independent retirement plan like an IRA. The same applies to employer-sponsored retirement plans. Traditional IRAs, Roth IRAs, and other independent retirement plans can be opened regardless of the type of retirement plan you already have. Traditional IRA It is possible for anyone who earns taxable income to open a traditional IRA. The contributions you make to a traditional IRA are tax-deductible if you don’t have a retirement plan through work. Traditional IRAs allow investors to invest in a variety of different assets, such as mutual funds and ETFs, for tax-deferred growth. Your IRA distributions are taxed as ordinary income once you start making withdrawals after age 59 ½. In 2023, you’re allowed to contribute $6,500 to a Traditional IRA. The maximum contribution you can make is $7,500 if you are 50 years old or older. Pros. In addition to offering some significant tax benefits, traditional IRAs allow you to invest almost limitlessly in stocks, bonds, CDs, real estate, and more. Most importantly, you won’t owe any taxes on the money until you withdraw it at retirement. Cons. Taxes and additional penalties can make it costly to remove money from a traditional IRA if you need it. You are responsible for investing the money yourself in an IRA, whether it is in a bank, stocks, bonds, or something else entirely. Even if it’s just asking an adviser to invest the money, you must decide where and how to invest the money. Roth IRA If you don’t earn too much, a Roth IRA is a great retirement option. Despite the fact that Roth IRA contributions aren’t tax deductible today, you won’t be taxed once you retire if you withdraw money from a Roth IRA. A Roth IRA also doubles as an emergency fund in times of need because you can take out the money before retirement without paying a penalty. Despite the fact that there are income thresholds that limit who can contribute directly to a Roth IRA, the maximum contribution limit for a Roth IRA is the same as for a traditional IRA. If your income in tax year 2022 is less than $144,000 or $214,000 if you’re married and file a joint tax return, you may contribute directly to a Roth IRA. As of 2023, the threshold for individuals will be $153,000, while for couples, it will be $228,000. Pros. In retirement, Roth IRAs offer several benefits, such as the ability to avoid taxes on all money withdrawn. You can also take withdrawals from Roth IRAs at any time without penalty or tax if you make contributions, not earnings. As a result of this flexibility, Roth IRAs are an excellent retirement plan. Cons. Unlike a traditional IRA, a Roth IRA allows you to choose how to invest your money. This means you will need to decide how to do it or hire someone to help you. Roth IRAs are limited by income, though you can find other ways to contribute to them. Spousal IRA Spousal IRAs aren’t actually a special kind of IRA. Instead, it’s a strategy that couples can implement using an IRA to maximize their retirement savings. Spousal IRAs are beneficial to married couples in whom one spouse does not work or earns significantly less than the other. Depending on their household income, the non-working spouse can open their own traditional or Roth IRAs. In most cases, you are only permitted to contribute the amount you earn each year, not that of your household. Many married couples can double their IRA retirement savings each year by opening another IRA and maxing out the account with contributions. Pros. Non-working spouses can take advantage of an IRA’s various benefits through a spousal IRA, whether a traditional or Roth account. Cons. Spousal IRAs do not have any downsides, although as with all IRAs, you have to choose how the funds are invested. Rollover IRA The term rollover IRA refers to an IRA created by moving a retirement account, such as a 401(k) or IRA, to a new one. By rolling over money from one account to the rollover IRA, you keep all of the tax advantages that an IRA offers. An IRA rollover can be established at any institution that permits it, and it can be either a traditional IRA or a Roth IRA. And, your rollover IRA can contain as much or as little money as you wish. You can also convert a traditional 401(k) to a Roth IRA using a rollover IRA. Such transfers, however, can lead to tax consequences, so it’s critical to understand the consequences. Pros. If you are leaving a former employer’s 401(k) plan for whatever reason, you can still take advantage of attractive tax benefits with a rollover IRA. When changing IRA providers, you can transfer your existing IRA account to the new provider. In all IRAs, you can invest in a variety of assets. Cons. Some people may have difficulty deciding how to invest their IRA money, which is a common problem with IRAs. The tax implications of rolling over your money are important to consider since they can be significant. This typically occurs when you convert a traditional account to a Roth. Fixed Annuities In order to supplement your retirement savings, you can purchase an annuity. While there are many types of annuities to choose from, we recommend fixed annuities. The fixed annuity contract is simpler to understand and compare to other types of annuity contracts, such as indexed annuities. There is a guaranteed income stream and tax-deferred growth with fixed annuities, and in some cases, a death benefit is available to your beneficiaries. Annuities don’t have contribution limits like other retirement plans, so you can invest as much as you want. Pros. A fixed annuity is typically tax-deferred and provides predictable benefits. In addition, your beneficiaries can receive a death benefit from it. Moreover, IRS contribution limits do not apply to annuities. Annuities are also one of the safest and most secure investments available. Cons. Those who withdraw gains from fixed annuities under 59 ½ are subject to a 10% penalty. In addition, withdrawals and payouts are subject to ordinary income tax. And, inflation may cause fixed annuities to deteriorate Best Employer-Sponsored Retirement Plans There is probably no better job benefit than a company-sponsored retirement plan. Saving for retirement through a program offered by your employer can be a very helpful way to jumpstart your savings. However, the type of retirement options, known as defined contribution plans, you have will depend on where you work. Defined contribution plans, including 401(k)s, gained widespread acceptance in the early 1980s. According to one study from Willis Towers Watson, 90% of Fortune 500 companies do not offer traditional pensions, but only DC plans. 401(k) plans are the most prevalent DC plans among employers of all sizes, while public school workers and certain tax-exempt organizations can take advantage of 403(b) plans, and state and local governments can also take advantage of 457(b) plans. Also, several DC plans offer a Roth version, such as a Roth 401(k), in which after-tax dollars are used to contribute, but money is withdrawn tax-free at retirement. Traditional 401(k) You can contribute pre-tax dollars to a 401(k) plan if your employer offers one. Investments grow tax-deferred, which means that you don’t have to pay taxes until you withdraw the proceeds in retirement. Incentives such as matching contributions to 401(k) plans may be used by employers to motivate employees to contribute to their plans. 401(k) account contributions are limited to $20,500 for 2022 ($22,500 for 2023) or 100% of your salary. It depends on which is less. The catch-up contribution for people 50 and older is $6,500 in 2022 ($7,500 in 2023). Be aware that these limits do not apply to employer contributions. It’s pertinent to note that 401(k) plans can only be participated in by employees who are 21 years old and have worked for your employer for at least one year. Pros. 401(k) plans are a convenient way to save for retirement because the money comes out of your paycheck and is automatically invested. Stocks are a wise choice, as they offer high returns as well as no taxes until the money is withdrawn — or if it is a Roth 401(k). As an additional benefit, many employers will match your contributions. Basically, this is free money. Cons. If you withdraw money from your 401(k) during an emergency, you may be subject to a penalty. The existence of a loan option in your employer’s plan does not guarantee that you will be able to borrow from it for qualified reasons. You may not be able to invest in what you want because the funds available in your employer’s 401(k) program are limited. Roth 401(k) As part of their 401(k) plans, many employers offer Roth 401(k) options. Just like with traditional 401(k)s, Roth 401(k) contributions are after-tax, and withdrawals are not taxed when you withdraw them in retirement. As with traditional 401(k) accounts, Roth 401(k) accounts have the same contribution limits. Despite contributing to a Roth 401(k), you can still receive a matching contribution from your employer if they offer a 401(k) match. You will, however, receive it in a traditional 401(k) in accordance with federal regulations. In order to decide whether a Roth is better than a traditional 401(k), you need to decide whether taxes will be lower. That’s either now or later when you are withdrawing from your 401(k). If you think you’re paying more taxes today, consider contributing to a traditional 401(k) account and benefiting from lower retirement taxes. Roth 401(k) accounts are a better option, on the other hand, if you think you’re likely to be in a lower tax bracket in retirement. It’s important to note that 401(k) plans can only be participated in by employees who are 21 years old and have worked for your employer for at least one year. Pros. Like Roth IRAs, you contribute to Roth 401(k)s with already-taxed money. When you retire, all of your earnings grow tax-free, and you don’t pay taxes on withdrawals. Cons. Missing out on tax deferral is a big problem. Most people prefer to pay more tax later rather than now, hence the low participation rate for Roth 401(k)s. 403(b) plan Public schools and non-profit organizations may offer 403(b) plans to their employees. Contributions are made from your paychecks pre-tax, and your savings grow tax-free until you withdraw them in retirement. Roth accounts are allowed in some 403(b) plans, just as Roth 401(k)s are. As of 2022, the 403(b) contribution limit is $20,500 ($22,500 in 2023), or 100% of your compensation, whichever is lower. In 2023, you will be able to contribute an additional $7,500 to your IRA if you are 50 or older. You may also receive contributions from your employer like in a 401(k). The 403(b) plan allows employees with 15 years of service with the same organization to contribute $3,000 a year for a lifetime total of $15,000 in bonus catch-up contributions. Pros. Saving for retirement with a 403(b) is an effective and popular method, and if you schedule automatic deductions from your paycheck, you can save more efficiently. There are many investment options available, such as annuities and high-return assets, such as stock funds, and no taxes will be due until withdrawal. In addition, some employers may offer matching contributions to your 403(b) plan. Cons. 401(k) plans are also difficult to access unless you qualify for an emergency. 403(b) plans are similar. Taking a loan from your 403(b) will probably cost you additional penalties and taxes, but if you do not have an emergency, you can still access the money. Investing in what you want may be impossible since the plan’s investment choices are limited. 457(b) plan In a 457(b) plan, employees of state and local governments can invest their paychecks in retirement accounts pre-tax to save for retirement. In retirement, withdrawals from the account are tax-free since contributions and earnings are tax-deferred. It is possible to open Roth accounts in some 457(b) plans, which work like Roth 401(k)s. Contributions in 2022 can reach $20,500 ($22,500 in 2023), or 100% of your salary, the lower of the two amounts. Catch-up contributions of $6,500 are available for older employees in 2022 and $7,500 in 2023. A 457(b) plan allows you to contribute up to 100% of your salary in the three years before retirement. Pros. The tax advantages of 457(b) plans make them a viable option for retirement savings. There are some catch-up savings provisions in the plan, as well, that aren’t available in other plans for older workers. Unlike 403(b) plans, withdrawals from the 457(b) are not subject to the 10 percent penalty imposed on withdrawals before 59 112. Cons. There is no employer match in a 457(b) plan, so it is much less attractive than a 401(k). In addition, emergency withdrawals from a 457(b) plan are more difficult than from a 401(k). Thrift Savings Plan Members of the uniformed services and federal employees are eligible to participate in the Thrift Savings Plan (TSP). A TSP account works much like a 401(k) plan. Until you withdraw your money in retirement, your contributions to a TSP will grow tax-deferred. In some TSPs, Roth accounts can be set up similarly to Roth 401(k)s. Contributions to the TSP are limited in 2022 to $20,500 ($22,500 in 2023). An additional $6,500 can be contributed to your account in 2022 ($7,500 in 2023) if you are over 50. Pros. Federal employees are automatically enrolled in TSPs, which is one of their biggest advantages. Participation is optional, but they still have to decide how much of their pay to contribute. Employers automatically deduct 1% of employees’ pay from the retirement account, even if employees do not choose to participate. Employees are not deducted from their paychecks for these contributions. Cons. There are limited investment options available in TSP plans. Funds range from government bonds to international equities, and four target-date funds are available to participants. Best Retirement Plans for Small Businesses & the Self-Employed Increasingly, Americans are turning to self-employment. In September 2022, over 16.5 million Americans reported being self-employed, according to the Bureau of Labor Statistics. This represents more than 10 percent of all Americans who are employed. Saving for retirement can be challenging when you’re a small business owner or a solo entrepreneur. The fact that you don’t have an employer-sponsored retirement plan doesn’t mean you can’t benefit from at least some of the benefits though. These retirement plans are right for small businesses or solo freelancers. SEP IRA Don’t be confused by the name. SEP plans are defined-contribution retirement plans, not pensions. If you’re a small business owner, you can open a Simplified Employee Pension plan, also known as a SEP IRA. SEP IRAs are established for self-employed individuals and small business owners under simplified employee pension plans. In order to qualify for this plan, employers must: Offer SEP IRAs to all employees who are 21 years or older. Earn at least $600 a year from the business. Have worked for the company for a minimum of three years out of the previous five. SEP IRAs are not accessible to employees; only employers can contribute. Depending on the amount of compensation an employee receives, employers can contribute up to 25% ($61,000 in 2023), or $61,000 ($66,000 in 2022). You must contribute the same percentage to all of your employees’ SEP IRAs if you are a business owner contributing to your own SEP IRA. Also, you can deduct business contributions from your taxes. Pros. As a free retirement account, this is an excellent option for employees. In comparison to regular IRAs, self-employed individuals have much higher contribution limits. Cons. As a result of this plan, employees do not know how much they will be able to accumulate. Money can also be accessed more easily. In some ways, this is a positive thing, but it’s often viewed negatively. Solo 401(k)s Business owners or self-employed individuals without full-time employees may take advantage of solo 401(k) plans. Business owners can contribute twice as much as self-employed individuals since they can contribute as employers and employees — separate contributions may be allowed for spouses as well. In addition, you can make retirement contributions (Roth) either pre- or post-tax. Contribution limits of $22,500 and $7,500 for people over 50 apply to the 2023 tax year. Contributions in 2023 can also reach $66,000 (you could only receive $61,000 in 2022). The total contribution you can make each year as an employer and employee and as a business owner is $66,000. The contribution limit is $73,500 for those aged 50 or older. Pros. Solo IRAs are better than Simple IRAs if you don’t have any employees. In terms of setup and termination, the SEP is a tad easier. A Solo-k plan, however, can be set up as a Roth, while a SEP cannot. Cons. A Form 5500-SE must be filed once assets exceed $250,000, and it is a bit more complicated to set up. Simple IRA You should consider a Simple IRA if you do not provide another retirement plan for your employees. With a Simple IRA, you must contribute for each employee. Contributions must meet at least one of these requirements: Contribute 3% of your employees’ total compensation to their retirement plans. Make sure employees contribute at least 2% of their salaries, even if they do not make their own contributions. Simple IRAs provide employees with immediate vested ownership of all funds in their account, which means they are in full control of their funds. You can deduct the contributions your business makes from your taxes. A Simple IRA allows employees to contribute up to $14,000 a year ($15,500 in 2023). For employees over 50, catch-up contributions will be increased from $3,000 per year in 2022 to $3,500 in 2023. Pros. Unlike traditional IRAs, Simple IRAs typically provide a matching contribution, so workers can defer pre-tax salary and receive a match. As far as the employee is concerned, this plan is similar to a 401(k). Cons. Employee contributions are capped at $15,500 for 2023, while defined contribution plans have a limit of $22,500. Even so, most people don’t make that much of a contribution. Payroll Deduction IRAs Small businesses can set up IRAs for their employees even more easily. Banks, insurance companies, and other financial institutions handle most of the work with payroll deduction IRAs. These retirement accounts can also be opened by self-employed individuals. This means that employees can fund their IRAs through payroll deductions through these institutions. In order to determine which institutions your employer has partnered with, you’ll need to consult your employer first. A 401(k) or 457(b) account is generally a better option for employees without access to other employer-sponsored retirement plans. The annual contribution limit for 2023 is $6,500, and employees age 50 or older can contribute an additional $1,000. If you’re over 50, you can put aside up to $7,500. Pros. Operates easily and sets up quickly. There are few administrative requirements or costs. There may be a Saver’s Credit applicable to employee contributions Cons. Business deductions are not available. Employees may not feel as confident about it as they would with a 401(k) pension plan. Profit Sharing An employer or company owner can offer profit-sharing plans to employees in exchange for a percentage of the profits of the business. Regardless of the size of the employer, any amount can be set aside annually. With this type of plan, employees are able to accumulate more than in a typical 401(k). In 2023, 100% of the participant’s compensation is $66,000 ($73,500 including catch-up contributions). Pros. Employees can borrow penalty-free from vested balances before retirement age. Taxes are due on borrowed amounts, even though they are taxable. Cons. Generally, vesting periods are required; employer earnings tie diversification. FAQs What is the ideal retirement age? Retirement ages vary from person to person. Maybe a better question is if you have enough to live the way you want for 30 years or more after you retire. In retirement, your income may include your retirement savings plus Social Security benefits, pensions, and annuities – the latter of which can guarantee you income for the rest of your life. How much can I contribute to my retirement plan? You can start saving for retirement at any age. Saving for retirement can be done in a variety of ways. It depends on your situation and circumstances and how much you contribute? Are you an employee, employer, or individual? The IRS raised the contribution limit for 401(ks), 403(b)s, and IRAs in 2023. Employer-sponsored plan such as 401(k), 403(b): $22,500 Individual retirement account (IRA): $6,500 Roth IRA: $6,500 For people 50 and older, catch-up contributions to 401(k)s and 403(b)s increased to $7,500, but not to IRAs and Roth IRAs. They’re still $1,000. When should I set up my retirement plan? Different retirement plans have different set-up dates depending on the type that’s being set up (adopted) by the employer or employee. Here are the different types of plans: Defined Benefit (also known as DB Plan), cash balance plans, and defined contribution plans, like 401(k), profit sharing, money purchase, and employee stock ownership plans. By the end of the year, the employer must set up these plans, as well as adopt them. Non-qualified plans: SEP IRAs: must be set up by the business’s tax-filing deadline. Individuals need to set up their IRAs (Traditional and Roth) by the deadline for filing their taxes, usually 4/15. A Simple IRA must be adopted no later than 10/1 of the year the plan is opened up and doesn’t include extensions.   How much money do I need to retire? Everybody’s retirement savings needs are different. You might want to consider these things when estimating: Inflation rate How much you make now Future salary increases How much you’ve saved so far and how much you can save Expenses you’ll have in retirement, like health care, housing, travel, entertainment Taxes What’s the right retirement account for me? That depends on your situation. For example, the options for employees at big companies are different from those for public workers and freelancers. If you’re not sure what to do, you should talk to an investment professional. No matter what, you should invest 15% of your gross income in growth stock mutual funds for retirement. If you’re out of debt and have an emergency fund, that’s best. Here’s a good rule of thumb to keep in mind when deciding which retirement account is right for you: Match beats Roth beats traditional. Article by John Rampton, Due About the Author John Rampton is an entrepreneur and connector. When he was 23 years old, while attending the University of Utah, he was hurt in a construction accident. His leg was snapped in half. He was told by 13 doctors he would never walk again. Over the next 12 months, he had several surgeries, stem cell injections and learned how to walk again. During this time, he studied and mastered how to make money work for you, not against you. He has since taught thousands through books, courses and written over 5000 articles online about finance, entrepreneurship and productivity. He has been recognized as the Top Online Influencers in the World by Entrepreneur Magazine and Finance Expert by Time. He is the Founder and CEO of Due......»»

The e-commerce giant is betting on speedy deliveries to customers around big cities like Los Angeles and Portland, per its latest earnings report. Amazon touted its fast deliveries in its fourth-quarter earnings report on Thursday.Getty Amazon is pushing "even faster" deliveries to customers around cities like Los Angeles and Phoenix. Same-day delivery customers can now get orders "within hours," per Amazon's Q4 report. Amazon Prime members can get free shipping on the breakneck deliveries, if their orders qualify. Amazon is betting on its model of getting orders to customers sooner than ever, saying that it has ramped up the pace of same-day deliveries to customers living in and near many big cities in the US.The e-commerce giant's same-day deliveries are now "even faster" for customers around Los Angeles, Phoenix, and San Francisco, along with other busy hubs, according to its fourth-quarter earnings report, released on Thursday. In the report, Amazon said that customers in those areas "can now receive hundreds of thousands of items within hours." Amazon Prime customers can get free same-day deliveries based on where they're located and what they're ordering, according to Amazon's website. The retailer's emphasis of fast deliveries comes as the pace of work at Amazon has been the subject of multiple citations by federal safety regulators, who have warned that the "gamification" of work at Amazon's warehouses can lead to higher rates of injury. But the retailer has to contend with stalled growth in its US Prime memberships. In 2022, Amazon Prime had an estimated 168 million US members, per Consumer Intelligence Research Partners. That was a decline from the 170 million US members the prior year, according to CIRP's estimate. An Amazon representative questioned those figures at the time, telling Insider then that Prime "continues to grow" but that the company wouldn't provide "country-specific" figures for Prime membership in the US. On Thursday, the company said that customers in Belgium also now have access to same-day delivery options.Overall, the tech giant's report indicated a lackluster quarter with sales growing 9% and net income of just $300 million, down from $14.3 billion during the same time last year.Read the original article on Business Insider.....»»