amriphoto Most millennial millionaires feel optimistic about the U.S. economy, with nearly three-quarters expecting improvements by the end of 2022, according to the latest CNBC Millionaire Survey. Inflation concerns are a theme throughout the survey, with 37% of millionaires saying it’s the biggest risk to the economy over the next 12 months, the findings show.
Wealth
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 9, 2022. Brendan Mcdermid | Reuters American millionaires are raising cash in response to lingering inflation fears, according to CNBC’s Millionaire Survey. Millionaires surveyed by CNBC ranked inflation as the top risk to both the economy and
In this article MAR MA EXPE ZETA Summer travel talk sure isn’t what it used to be. Rather than sun, sand and surf, many travel discussions now center on inflation, rising fuel costs and flight cancellations, a situation which could derail a much-needed 2022 summer travel comeback. Travel conversations on Twitter decreased 75% from April
Guy Benhamou sends a picture of gas prices to friends while pumping gas at an Exxon Mobil gas station on June 9, 2022 in Houston. Brandon Bell | Getty Images If you’re self-employed or own a small business, you may soon be eligible for a little relief from soaring gas prices. Starting on July 1,
Chief executives at 228 American companies co-signed a letter on Thursday urging members of the U.S. Senate to take “bold, urgent action” to pass legislation aimed at reducing gun violence in America. The CEOs who signed the letter represent companies both large and small across a wide range of industries, including some highly recognizable names:
Travelers planning a golfing vacation to prestigious courses in the United Kingdom may need to act fast. Some of the U.K.’s top venues are selling out, not just this year, but for spots — or tee times — in 2023, due in part to growing confidence in international travel among wealthy Americans. Travelers are attracted
Apple CEO Tim Cook is no stranger to criticizing other tech companies for monitoring their users’ data. Now, he’s upping the ante – by indicating that such data collection could soon become a widespread problem for society at large. At the TIME100 Summit 2022 on Tuesday, Cook said he was “quite worried” about tech companies
valentinrussanov When the stock market dips, a strategy known as tax-loss harvesting can be a silver lining. But it doesn’t make sense for all portfolios, financial experts say. Here’s how tax-loss harvesting works: You can sell declining assets from your brokerage account and use the losses to offset other profits. Once losses exceed gains, you
Many pre-teens today find life lessons and knowledge on TikTok. Twelve-year-old Ray Dalio found them on the golf course. On a recent episode of the “Armchair Expert” podcast, hosted by actor Dax Shepard, Dalio detailed how connections he made as a young golf caddy in the early 1960s taught him how to invest. On the
After more than two years of closed border policies, Japan is set to welcome back international travelers this week. Come June 10, foreign tourists traveling via packaged tours can enter Japan. However, the government’s priority still lies in boosting domestic tourism numbers, said Tadashi Shimura, president of Japan Association of Travel Agents. Even before the
Fstop123 | E+ | Getty Images Tax breaks designed to boost retirement savings may primarily benefit higher earners, leaving middle-class workers behind, according to a report from the National Institute on Retirement Security. With most Americans receiving less than half of preretirement income from Social Security, many rely on employer-sponsored savings plans and individual retirement
NAACP President Derrick Johnson Courtesy: NAACP At the end of May, word circulated that the Biden administration was leaning toward a student loan forgiveness plan of $10,000 per borrower. Officials at the NAACP were livid. The association’s president and CEO, Derrick Johnson, said in a statement soon after the news broke that $10,000 “in cancellation
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