A crazy last 24 hours has put the market inches away from a record: Here’s what happened

Several market moving events unfolded between the close of U.S. stock markets on Wednesday and the open on Thursday. As a result, the Dow Jones Industrial Average and the S&P 500 both came close to record highs on Thursday. The tariffs are set to increase to 30% from 25% on about $250 billion worth of Chinese goods. ECB lowers ratesOn Thursday morning the European Central Bank (ECB) announced a cut to its deposit rates by 10 basis points, to negative 0.5%. The Consumer Price Index, which is used


Several market moving events unfolded between the close of U.S. stock markets on Wednesday and the open on Thursday. As a result, the Dow Jones Industrial Average and the S&P 500 both came close to record highs on Thursday. The tariffs are set to increase to 30% from 25% on about $250 billion worth of Chinese goods. ECB lowers ratesOn Thursday morning the European Central Bank (ECB) announced a cut to its deposit rates by 10 basis points, to negative 0.5%. The Consumer Price Index, which is used
A crazy last 24 hours has put the market inches away from a record: Here’s what happened Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-09-12  Authors: michael sheetz
Keywords: news, cnbc, companies, away, announced, increase, president, market, vice, hours, inches, crazy, stock, rose, record, inflation, heres, tariffs, happened, ecb, investors


A crazy last 24 hours has put the market inches away from a record: Here's what happened

Several market moving events unfolded between the close of U.S. stock markets on Wednesday and the open on Thursday. As a result, the Dow Jones Industrial Average and the S&P 500 both came close to record highs on Thursday. Here’s what investors need to know.

Delayed tariffs

Stock futures climbed Wednesday evening after President Donald Trump announced he would be delaying the planned increase of tariffs on Chinese goods by 15 days, as a “gesture of good will.” The tariffs are set to increase to 30% from 25% on about $250 billion worth of Chinese goods. Treasury Secretary Steven Mnuchin told CNBC on Thursday morning that the president “could do a deal any time” with China but won’t until “it’s a good deal.” “The president delayed it because of a request from the vice premier,” Mnuchin added. He clarified that China’s Vice Premier Liu He made the request because Oct. 1 is the 70th anniversary of the establishment of the People’s Republic of China and said raising the tariffs on that day “caused them grave concern on the symbolism.”

ECB lowers rates

On Thursday morning the European Central Bank (ECB) announced a cut to its deposit rates by 10 basis points, to negative 0.5%. The ECB also announced a substantial bond-buying program of 20 billion euros per month, as a part of its quantitative easing (QE) initiative. The Euro initially fell to its lowest level against the dollar in nearly two weeks but later rebounded, sitting at around $1.104, as foreign exchange investors remain uneasy about whether the ECB’s policies will successfully increase inflation. Additionally, bond yields in the Euro zone dropped, with Germany’s benchmark 10-year bond yield falling to negative 0.64%. Investors were pleased the ECB was trying quantitative easing again, hoping the new program would give the global economy a jolt.

Tame inflation

About an hour before U.S. stock markets opened on Thursday, the Labor Department reported that consumer prices slowed last month. The Consumer Price Index, which is used as a measure of inflation, rose only slightly in August. However, the core CPI measurement rose to 2.4% year-over-year – the highest level since 2008. The tame inflation was likely to keep the Federal Reserve on track to cut interest rates next week.

Stock indexes near all time highs


Company: cnbc, Activity: cnbc, Date: 2019-09-12  Authors: michael sheetz
Keywords: news, cnbc, companies, away, announced, increase, president, market, vice, hours, inches, crazy, stock, rose, record, inflation, heres, tariffs, happened, ecb, investors


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Your Social Security checks could get bigger next year. Here’s how much

When it comes to the forecast for your Social Security benefits in 2020, there’s good news and bad news. Your Social Security checks are poised to grow next year; however, the annual increase likely won’t be as much as you got in 2019. That’s according to The Senior Citizens League, which on Thursday released its latest estimate for the Social Security cost-of-living adjustment for 2020. The nonpartisan group estimates that beneficiaries will get a 1.6% boost in 2020, down from a 2.8% increase i


When it comes to the forecast for your Social Security benefits in 2020, there’s good news and bad news. Your Social Security checks are poised to grow next year; however, the annual increase likely won’t be as much as you got in 2019. That’s according to The Senior Citizens League, which on Thursday released its latest estimate for the Social Security cost-of-living adjustment for 2020. The nonpartisan group estimates that beneficiaries will get a 1.6% boost in 2020, down from a 2.8% increase i
Your Social Security checks could get bigger next year. Here’s how much Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-09-12  Authors: lorie konish
Keywords: news, cnbc, companies, senior, increase, wont, nonpartisan, bigger, 2020, social, theres, poised, heres, checks, released, security


Your Social Security checks could get bigger next year. Here's how much

When it comes to the forecast for your Social Security benefits in 2020, there’s good news and bad news.

Your Social Security checks are poised to grow next year; however, the annual increase likely won’t be as much as you got in 2019.

That’s according to The Senior Citizens League, which on Thursday released its latest estimate for the Social Security cost-of-living adjustment for 2020.

The nonpartisan group estimates that beneficiaries will get a 1.6% boost in 2020, down from a 2.8% increase in 2019.


Company: cnbc, Activity: cnbc, Date: 2019-09-12  Authors: lorie konish
Keywords: news, cnbc, companies, senior, increase, wont, nonpartisan, bigger, 2020, social, theres, poised, heres, checks, released, security


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Self-employed? Here’s why your retirement savings are falling short

If you’re your own boss, chances are you aren’t doing enough to save for retirement. Just over 1 in 10 of self-employed individuals in a single-person business is currently participating in a workplace retirement plan, according to data from The Pew Charitable Trusts. “That very first tax bill is what spurs them to set up a retirement plan,” said Kelley Long, a CPA and member of the American Institute of CPAs’ consumer financial education advocates. That’s because entrepreneurs may be able to cl


If you’re your own boss, chances are you aren’t doing enough to save for retirement. Just over 1 in 10 of self-employed individuals in a single-person business is currently participating in a workplace retirement plan, according to data from The Pew Charitable Trusts. “That very first tax bill is what spurs them to set up a retirement plan,” said Kelley Long, a CPA and member of the American Institute of CPAs’ consumer financial education advocates. That’s because entrepreneurs may be able to cl
Self-employed? Here’s why your retirement savings are falling short Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-09-12  Authors: darla mercado
Keywords: news, cnbc, companies, 401k, plan, set, short, savings, falling, tax, cpa, selfemployed, retirement, wrapped, solo, heres, youre


Self-employed? Here's why your retirement savings are falling short

If you’re your own boss, chances are you aren’t doing enough to save for retirement.

Just over 1 in 10 of self-employed individuals in a single-person business is currently participating in a workplace retirement plan, according to data from The Pew Charitable Trusts.

In comparison, 72% of employees in larger companies utilized a 401(k) at work, the organization found.

Pew studied a total of 4,269 workers aged 50 to 64 in 2012 and 2014. The self-employed participants were divided into solo and multi-person firms.

Entrepreneurs get so wrapped up in the day-to-day running of their businesses that retirement planning often takes a back seat — until the IRS comes looking for its share.

“That very first tax bill is what spurs them to set up a retirement plan,” said Kelley Long, a CPA and member of the American Institute of CPAs’ consumer financial education advocates.

That’s because entrepreneurs may be able to claim a tax credit for the cost of setting up a plan at work.

“Your CPA will say that this is what you owe, and they’ll suggest from the outset that they set up a SEP IRA [simplified employee pension individual retirement account] or a solo 401(k),” she said.


Company: cnbc, Activity: cnbc, Date: 2019-09-12  Authors: darla mercado
Keywords: news, cnbc, companies, 401k, plan, set, short, savings, falling, tax, cpa, selfemployed, retirement, wrapped, solo, heres, youre


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

China exempts 16 American products from additional tariffs — here’s the full list

Washington and Beijing have imposed tariffs on billions of dollars’ worth of one another’s goods since the start of 2018, battering financial markets and souring business and consumer sentiment. For products on “List 1,” including fish meal for feed, shrimp and prawn seedlings and cancer drugs, tariffs already imposed will be refunded. For products on “List 2,” including whey for feed and lubricating base oil, tariffs were said to be non-refundable. Lubricating oil. Decitabine, fluorouridine, cy


Washington and Beijing have imposed tariffs on billions of dollars’ worth of one another’s goods since the start of 2018, battering financial markets and souring business and consumer sentiment. For products on “List 1,” including fish meal for feed, shrimp and prawn seedlings and cancer drugs, tariffs already imposed will be refunded. For products on “List 2,” including whey for feed and lubricating base oil, tariffs were said to be non-refundable. Lubricating oil. Decitabine, fluorouridine, cy
China exempts 16 American products from additional tariffs — here’s the full list Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-09-11  Authors: sam meredith
Keywords: news, cnbc, companies, tariffs, meal, including, oil, imposed, products, exempts, china, american, lubricating, hydrochloride, feed, additional, heres, list


China exempts 16 American products from additional tariffs — here's the full list

Containers sit at the Yangshan Port in Shanghai, China, Aug. 6, 2019.

China’s Ministry of Finance announced plans to exempt 16 types of U.S. products from additional tariffs on Wednesday, including food for livestock, cancer drugs and lubricants.

The exemption, which is scheduled to go into effect from September 17, will be valid for a year through to September 16, 2020.

The announcement comes as high-level trade officials from China and the U.S. prepare to meet in Washington next month. It will mark their latest attempt to resolve a protracted trade dispute. Washington and Beijing have imposed tariffs on billions of dollars’ worth of one another’s goods since the start of 2018, battering financial markets and souring business and consumer sentiment.

The State Council Tariff Commission said on the Ministry of Finance’s website that items on two separate tariff exemption lists would not be subject to additional charges imposed by China on U.S. goods.

For products on “List 1,” including fish meal for feed, shrimp and prawn seedlings and cancer drugs, tariffs already imposed will be refunded. Companies can apply to customs within six months.

For products on “List 2,” including whey for feed and lubricating base oil, tariffs were said to be non-refundable.

Here are the two lists in full, according to a CNBC translation:

LIST 1: 1. Other shrimp and prawn seedlings. 2. Aster meal and pellets. 3. Other purpura (except coarse powder and pellets). 4. Fish meal for feed. 5. Lubricating oil. 6. Grease. 7. Ring line, insecticidal ring, insecticidal nail, polythiane, etc. (including methylthiophosphorus, buprofezin, aspartate, indoxacarb). 8. Decitabine, fluorouridine, cyclophosphamide, gefitinib, capecitabine, raltitrexed, fludarabine phosphate, fluoride, cytarabine hydrochloride, gemcitabine hydrochloride, ectinib hydrochloride, ifosfamide. 9. Nonionic Organic Surfactant. 10. Mineral oil <70% lubricant. 11. Lubricants containing no petroleum or oils from bituminous minerals. 12. Medical linear accelerator. LIST 2: 1. Whey for feed (2%-7% by weight protein, 76%-88% lactose). 2. Release agent (oil by weight and oil extracted from bitumen ≥70%). 3. Isoparaffin solvent (early boiling point 225 ° C, flash point 92 ° C, density 0.79 g / cm3, viscosity 3.57mm2/s). 4. Lubricating base oil (product viscosity at 100 degrees Celsius). —CNBC's Hilary Pan contributed to this report.


Company: cnbc, Activity: cnbc, Date: 2019-09-11  Authors: sam meredith
Keywords: news, cnbc, companies, tariffs, meal, including, oil, imposed, products, exempts, china, american, lubricating, hydrochloride, feed, additional, heres, list


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

UK Parliament is now suspended as Brexit crisis boils over: Here’s what could happen next

With the U.K Parliament now shuttered for five weeks and the recent political turmoil throwing up more questions than answers, analysts have been busy contemplating what could happen next in Britain as it approaches its Brexit deadline. It’s fair to say the U.K.’s political establishment has been in tumult since the divisive 2016 referendum on EU membership. It has culminated in Parliament’s three-time rejection of the existing Brexit deal on offer, but also the dismissal of a no-deal Brexit. A


With the U.K Parliament now shuttered for five weeks and the recent political turmoil throwing up more questions than answers, analysts have been busy contemplating what could happen next in Britain as it approaches its Brexit deadline. It’s fair to say the U.K.’s political establishment has been in tumult since the divisive 2016 referendum on EU membership. It has culminated in Parliament’s three-time rejection of the existing Brexit deal on offer, but also the dismissal of a no-deal Brexit. A
UK Parliament is now suspended as Brexit crisis boils over: Here’s what could happen next Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-09-10  Authors: holly ellyatt
Keywords: news, cnbc, companies, crisis, parliament, brexit, referendum, boils, law, nodeal, johnsons, heres, suspended, deal, election, happen


UK Parliament is now suspended as Brexit crisis boils over: Here's what could happen next

With the U.K Parliament now shuttered for five weeks and the recent political turmoil throwing up more questions than answers, analysts have been busy contemplating what could happen next in Britain as it approaches its Brexit deadline. The shutdown of Parliament — known as prorogation — will see lawmakers reconvene on October 14. The suspension marks the end of one parliamentary session before the start of the next, and it’s usual for it to take place at this time of year. However, the current shutdown, which began in the early hours of Tuesday, is more controversial than most due to its extended length and because it comes at a period of high anxiety in U.K. politics over the direction of Brexit. It’s fair to say the U.K.’s political establishment has been in tumult since the divisive 2016 referendum on EU membership. It has culminated in Parliament’s three-time rejection of the existing Brexit deal on offer, but also the dismissal of a no-deal Brexit. This summer, Parliament saw the arrival of a new prime minister in July determined for the U.K. to leave the EU on October 31 “come what may.”

What just happened?

That divide between Prime Minister Boris Johnson’s government and Parliament was thrown into sharp relief in a dramatic week full of intrigue, votes and resignations. In the last seven days, lawmakers seized control of parliamentary business, voted to block a no-deal Brexit and to force the prime minister to ask for a further delay to the departure (legislation that hastily became law on Monday) as well as twice rejecting Boris Johnson’s bid to bring about a snap election that could strengthen his hand.

Johnson was dealt further blows with key resignations from his government, including that of his own brother who said he was torn between “family loyalty and national interest.” Now Parliament is suspended for five weeks and will reconvene just days before an EU Council summit on October 17 which is just over two weeks from the currently proposed Brexit departure date. Here’s a brief guide to what could (and what is meant to) happen next:

Brexit on October 31?

As it stands, the U.K. is still due to leave the EU on October 31 whether it has a deal or not. A majority of Parliament voting to block a no-deal Brexit does not mean that it won’t still happen. For starters, the EU would have to agree to granting another delay to the U.K.; and there are already grumblings from the continent that the U.K. has not presented valid reasons for requesting more time. Johnson could also ignore the law requiring him to ask for more time.

Ignoring a no-deal Brexit

Despite Parliament voting to block a no-deal Brexit and passing a law, Johnson has repeatedly said he would still try to take the U.K. out the EU on October 31. In fact, he has said he would rather “die in a ditch” than ask the EU for more time and some believe he could launch a legal challenge to the no-deal Brexit legislation, also known as the “Benn Law.” “Johnson is expected to challenge the Benn Law in the Supreme Court,” analysts Joseph Lupton and Olya Borichevska at J.P. Morgan said in a note Monday. “He also may send a letter to the EU to encourage it not to grant an extension. Those strategies are unlikely to succeed on their own merits, but could further Johnson’s pre-election signalling of a hard-line, no compromise Brexit on October 31.”

More talks?

Johnson has insisted he wants a deal and would use the time that Parliament is suspended to continue last-ditch talks with Brussels to get over the major stumbling point of the Irish “backstop.” This is seen as an insurance policy designed to prevent a hard border on the island of Ireland if the U.K. and EU can’t agree a trade deal in a post-Brexit transition period (only envisaged if there is a deal). As it stands, the backstop would keep Northern Ireland and the rest of the U.K. in a customs union with the EU, making it very unpopular with Brexiteers in Parliament.

The BBC reported Monday that the government could be considering a compromise over the Irish “backstop” in that it could be applicable to Northern Ireland only, potentially placating Brexiteers — albeit at the expense of lawmakers bent on keeping the U.K. indivisible in terms of law.

Election before 2020?

Although opposition parties defeated Johnson’s bids to hold an early election (his Conservative Party still leads opinion polls) most did so because they wanted to see the threat of a no-deal Brexit dissipate. The legislation to block a no-deal Brexit was not enough for many lawmakers, however, with several opposition parties wanting to see the departure date delayed before agreeing to a snap election (Johnson needs two-thirds of Parliament to approve a snap vote). With Parliament also suspended now until October 14 and the no-deal Brexit legislation in place, most Brexit watchers now see a snap election as likely to happen in November, after a possible delay to the departure date. How the pro-Brexit Conservatives and Brexit Party will fare, compared to opposition parties largely opposing Brexit or at least calling for another referendum on the issue, is now a matter of debate. Kallum Pickering, senior economist at Berenberg Bank, said in a note Tuesday that “the prospect of an election and/or second referendum looms large,” forecasting an election in November. “Despite the turmoil in Westminster, the high chance that the U.K. will ask the EU for a further Brexit delay (given a probability of 85% up from 40%) decisively reduces the risk of a no deal on 31 October (2.5% from 30%). However, the prospect of an election and/or second referendum looms large — this keeps the hard Brexit risk alive.”

Deal by October 31?

With speculation that Johnson’s government could be considering the proposal of a compromise over the “backstop” policy, some experts believe that a deal could still possibly be passed before October 19. Goldman Sachs’ base case scenario says “there is no pre-Brexit general election and a Brexit deal is struck and ratified by the end of October,” according to its European Economist Adrian Paul. “In substance, we think that deal is unlikely to look very different from the Brexit deal already negotiated between the EU and the U.K. — a deal that was repeatedly rejected under PM May’s premiership.” Still, Goldman Sachs notes that a delayed departure could lead to a November election in which either the one-issue Brexit Party could do well leaving “the path open to a ‘no deal’ Brexit early next year.”

Second referendum?


Company: cnbc, Activity: cnbc, Date: 2019-09-10  Authors: holly ellyatt
Keywords: news, cnbc, companies, crisis, parliament, brexit, referendum, boils, law, nodeal, johnsons, heres, suspended, deal, election, happen


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Here’s a first look at all of the new products Apple announced today

iPhone 11, iPhone 11 Pro, iPhone 11 Pro MaxApple is putting its focus on the things people care about: price, battery life and cameras. The iPhone 11 Pro promises 4 hours longer battery life than the iPhone XS, while the iPhone 11 Pro has 5 hours more than the iPhone XS Max. But the iPhone 11 can now take portraits of things besides just people since it has two lenses. I particularly like the midnight-green color and the less glossy finish on the iPhone 11 Pro and iPhone 11 Pro Max. Apple Watch


iPhone 11, iPhone 11 Pro, iPhone 11 Pro MaxApple is putting its focus on the things people care about: price, battery life and cameras. The iPhone 11 Pro promises 4 hours longer battery life than the iPhone XS, while the iPhone 11 Pro has 5 hours more than the iPhone XS Max. But the iPhone 11 can now take portraits of things besides just people since it has two lenses. I particularly like the midnight-green color and the less glossy finish on the iPhone 11 Pro and iPhone 11 Pro Max. Apple Watch
Here’s a first look at all of the new products Apple announced today Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-09-10  Authors: todd haselton
Keywords: news, cnbc, companies, wide, apple, today, announced, watch, look, pro, products, iphone, haselton, cameras, todd, heres, ipad


Here's a first look at all of the new products Apple announced today

Apple made a lot of announcements on Tuesday, but the highlights were probably a few pieces of new hardware including three models of iPhone, a new iPad, and the Apple Watch Series 5. I had a chance to take a look at all of them after the show and have a few quick takeaways.

iPhone 11, iPhone 11 Pro, iPhone 11 Pro Max

Apple is putting its focus on the things people care about: price, battery life and cameras. The iPhone 11’s list price is $699, which is $50 cheaper than last year’s equivalent, the XR. Apple also promises an hour more of battery life, making it the longest-lasting iPhone ever. The iPhone 11 Pro promises 4 hours longer battery life than the iPhone XS, while the iPhone 11 Pro has 5 hours more than the iPhone XS Max. You get wide angle, ultra wide angle and 2x optical zoom on the Pro models, provided by three different — and all very visible — cameras on the back.

The iPhone 11 Pro and Pro Max feature three very visible cameras on the back. Todd Haselton | CNBC

The iPhone 11 doesn’t have the optical zoom. But the iPhone 11 can now take portraits of things besides just people since it has two lenses. I also like the front facing camera on all three which can automatically turn into wide angle for fitting more people into a selfie.

The iPhone 11. Todd Haselton | CNBC

They look nice. I particularly like the midnight-green color and the less glossy finish on the iPhone 11 Pro and iPhone 11 Pro Max.

The iPhone 11 Pro Max in midnight green. It’s not that green. Todd Haselton | CNBC

I wish there was reverse wireless charging to charge AirPods — a feature that was rumored but was never mentioned. I like that Apple will include an 18W fast charger with the Pro models for faster charging. The cameras look promising in early tests, too.

10.2-inch iPad

The new iPad starts at $329. Todd Haselton | CNBC

The new 10.2-inch iPad felt like an iPad Pro. I love the added keyboard support, something the 9.7-inch lacked without Apple’s Smart Connector. And you can definitely see and feel the added screen size. Starting at $329, this seems like a no-brainer for most folks who “just need a new iPad.”

Apple Watch Series 5

The Apple Watch Series 5 Todd Haselton | CNBC


Company: cnbc, Activity: cnbc, Date: 2019-09-10  Authors: todd haselton
Keywords: news, cnbc, companies, wide, apple, today, announced, watch, look, pro, products, iphone, haselton, cameras, todd, heres, ipad


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Use ‘outside skills’ from your side hustle to help you at work, experts say — here’s how

A side hustle can help you acquire new skills that can bolster your resume, helping you make the case for a raise or putting you in the running for a new job. That experience can benefit you at your day job, says Sabatier: “It’s a powerful combination: Make extra money doing something you enjoy and building new skills.” Here’s how experts say your side hustle can help you at work. You’d be in a good position to ask for a raise, Sabatier points out, or to pivot within your company if you demonstr


A side hustle can help you acquire new skills that can bolster your resume, helping you make the case for a raise or putting you in the running for a new job. That experience can benefit you at your day job, says Sabatier: “It’s a powerful combination: Make extra money doing something you enjoy and building new skills.” Here’s how experts say your side hustle can help you at work. You’d be in a good position to ask for a raise, Sabatier points out, or to pivot within your company if you demonstr
Use ‘outside skills’ from your side hustle to help you at work, experts say — here’s how Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-09-09  Authors: myelle lansat, anna-louise jackson
Keywords: news, cnbc, companies, raise, outside, hustle, sabatier, job, pivot, heres, say, youre, work, help, experts, skills, resume, website


Use 'outside skills' from your side hustle to help you at work, experts say — here's how

A side hustle can help you acquire new skills that can bolster your resume, helping you make the case for a raise or putting you in the running for a new job. It’s likely that you had to do some ground work before launching your side hustle, says Grant Sabatier, creator of Millennial Money, an online personal finance community, and that you had to work hard to become successful. Maybe you had to learn to build a website, or get better at copy writing, or figure out a digital and social media marketing strategy. That experience can benefit you at your day job, says Sabatier: “It’s a powerful combination: Make extra money doing something you enjoy and building new skills.” Here’s how experts say your side hustle can help you at work.

How to get a raise or promotion

“Not everything is quantifiable, but if you can bring those outside skills inside the office and demonstrate how you’re adding value, you’d be a good candidate for a bonus, raise, or making a pivot within your company,” says Sabatier. For example, if you learned how to build a website for your side gig and your employer is looking to launch a new website, you can raise your hand and offer expertise “using the skills you developed outside your full-time job,” he adds. Now let’s say you enjoy working on web development more than your current role. You’d be in a good position to ask for a raise, Sabatier points out, or to pivot within your company if you demonstrate success outside your role.

It’s a powerful combination: Make extra money doing something you enjoy and building new skills. Grant Sabatier creator of Millennial Money

How to find a new career

If you’re interested in finding a new job or even pivoting careers, it will take more than a run-of-the-mill resume to stand out to a potential employer, says Claire Bissot, managing director at CBIZ HR Services. Let’s say you’re applying for your dream job, but you only have four of the seven skills listed on the job description. Taking on a side hustle might be a way to develop those missing skills, and in turn strengthen your resume, making yourself a more attractive candidate. Bissot says that prospective employers are looking for examples of resilience, motivation, self awareness, personal development, and other soft skills as well. Because side hustlers, by nature, have an entrepreneurial mindset and have proven their ability to execute their ideas, they tend to possess these kinds of traits. Bissot recommends highlighting projects that have challenged you to grow as an individual, regardless of your material success. In fact, talking about any failures you’ve experienced with your side hustle, and how you’ve recovered and learned from them, can reveal your potential as an employee. “Your strengths are your strengths, and yes, they grow over time, but I want to know your weaknesses and if there is an opportunity there to make [them] into a strength,” she says. “More often than not, we learn from our failures more significantly than we do from our successes.” More from Grow: How 3 indie filmmakers achieved their dreams without going broke

Take 3 steps to successfully pivot your career

Cardi B explains how to practice self-care even if you’re ‘broke’


Company: cnbc, Activity: cnbc, Date: 2019-09-09  Authors: myelle lansat, anna-louise jackson
Keywords: news, cnbc, companies, raise, outside, hustle, sabatier, job, pivot, heres, say, youre, work, help, experts, skills, resume, website


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Here’s how much money the men’s US Open champion will earn

Rafael Nadal of Spain and Daniil Medvedev of Russia will play for the 2019 U.S. Open title on Sunday at 4 p.m. Even with the big increases in prize money, though, “it can be difficult for players to make much of a profit off competing,” No. “In those cases, if I don’t win a match, I’m actually in danger of losing money for competing.” “You do well as a pro tennis player when you’re ranked in the top 20. “And winning is hard,” Isner notes, “which means it’s really hard to bring in prize money con


Rafael Nadal of Spain and Daniil Medvedev of Russia will play for the 2019 U.S. Open title on Sunday at 4 p.m. Even with the big increases in prize money, though, “it can be difficult for players to make much of a profit off competing,” No. “In those cases, if I don’t win a match, I’m actually in danger of losing money for competing.” “You do well as a pro tennis player when you’re ranked in the top 20. “And winning is hard,” Isner notes, “which means it’s really hard to bring in prize money con
Here’s how much money the men’s US Open champion will earn Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-09-08  Authors: kathleen elkins
Keywords: news, cnbc, companies, isner, prize, champion, earn, mens, ranked, open, player, youre, heres, play, win, sponsors, money


Here's how much money the men's US Open champion will earn

Rafael Nadal of Spain and Daniil Medvedev of Russia will play for the 2019 U.S. Open title on Sunday at 4 p.m. ET.

Nadal, 33, will play in his 27th Grand Slam final and is looking to claim a fourth U.S. Open, while Medvedev, 23, is competing in his first ever major final.

Sunday’s winner will also collect a $3.85 million check. The runner-up will earn about half that amount: $1.9 million.

The total payout for the tournament has skyrocketed over the last several decades. In 1973, when the men and women competitors earned equal pay for the first time, both champions received checks for $25,000. The winners earned six figures for the first time in 1983 ($120,000) and seven figures for the first time in 2003 ($1,000,000).

Even with the big increases in prize money, though, “it can be difficult for players to make much of a profit off competing,” No. 14 ranked John Isner writes on Forbes.

“The expenses can really add up, particularly at tournaments like Wimbledon and the French Open,” adds Isner, who not only pays for his own flights, meals and lodging, but also covers his coaches’ and trainers’ travel costs. “In those cases, if I don’t win a match, I’m actually in danger of losing money for competing.”

Isner, like other top ranked players, is in the fortunate situation where he doesn’t have to rely on just prize money to cover his expenses: He has a handful of sponsorship deals, which are “the closest thing to a guaranteed annual salary that a player has,” he says.

Finding sponsors ins’t always easy, though, especially if you’re not a top-ranked player. “You do well as a pro tennis player when you’re ranked in the top 20. But that can be short-lived,” Isner explains. “Brands are paying you to get their logos on televised show courts, so if your matches aren’t being featured on broadcasts because your play has fallen off … or because you’re injured and not playing at all — they’re going to stop calling.”

Players without sponsors have to win to pay the bills. “And winning is hard,” Isner notes, “which means it’s really hard to bring in prize money consistently.”


Company: cnbc, Activity: cnbc, Date: 2019-09-08  Authors: kathleen elkins
Keywords: news, cnbc, companies, isner, prize, champion, earn, mens, ranked, open, player, youre, heres, play, win, sponsors, money


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Here’s where the jobs are — in one chart

The August jobs report showed weaker hiring overall as continued strength in the service sectors struggled to offset anemic manufacturing gains and losses in the mining and extraction industry. The Labor Department’s report also notes that an unusual swell of government hiring — the second-best performer in term of net jobs gains in August — stemmed from the employment of temporary workers tasked with conducting the 2020 census. The government reported Friday that payrolls increased 130,000 duri


The August jobs report showed weaker hiring overall as continued strength in the service sectors struggled to offset anemic manufacturing gains and losses in the mining and extraction industry. The Labor Department’s report also notes that an unusual swell of government hiring — the second-best performer in term of net jobs gains in August — stemmed from the employment of temporary workers tasked with conducting the 2020 census. The government reported Friday that payrolls increased 130,000 duri
Here’s where the jobs are — in one chart Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-09-06  Authors: thomas franck
Keywords: news, cnbc, companies, jobs, chart, net, report, payrolls, hiring, heres, labor, care, employment, increased, gains


Here's where the jobs are — in one chart

The August jobs report showed weaker hiring overall as continued strength in the service sectors struggled to offset anemic manufacturing gains and losses in the mining and extraction industry.

The Labor Department’s report also notes that an unusual swell of government hiring — the second-best performer in term of net jobs gains in August — stemmed from the employment of temporary workers tasked with conducting the 2020 census.

The government reported Friday that payrolls increased 130,000 during the month, 20,000 below the 150,000 economists polled by Dow Jones had forecast. The government also said wages increased at a solid clip, up 0.4% in August and 3.2% over the year.

CNBC studied the net changes by industry for August jobs based on data from the Labor Department contained in the employment report.

The professional and business sector — a consistent employment juggernaut over the last year — topped the list in August with a net gain of 37,000 payrolls, albeit well shy of the 66,000 clinched in July. Health care and social services, another key area of job growth including ambulatory outpatient care, hospitals and nursing, added 32,000.


Company: cnbc, Activity: cnbc, Date: 2019-09-06  Authors: thomas franck
Keywords: news, cnbc, companies, jobs, chart, net, report, payrolls, hiring, heres, labor, care, employment, increased, gains


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Here’s how the recent Twitter attacks probably happened and why they’re becoming more common

Less obvious to his more than 4 million followers was how the attackers took control of the Twitter CEO’s account for almost 20 minutes. Twitter said hackers had gained access to Dorsey’s profile by effectively stealing his mobile phone number, which was compromised due to a “security oversight” by the carrier. While the company didn’t use the phrase “SIM swapping” in its statement, security experts attributed the attack to the increasingly popular tactic. Having taken control over the phone num


Less obvious to his more than 4 million followers was how the attackers took control of the Twitter CEO’s account for almost 20 minutes. Twitter said hackers had gained access to Dorsey’s profile by effectively stealing his mobile phone number, which was compromised due to a “security oversight” by the carrier. While the company didn’t use the phrase “SIM swapping” in its statement, security experts attributed the attack to the increasingly popular tactic. Having taken control over the phone num
Here’s how the recent Twitter attacks probably happened and why they’re becoming more common Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-09-06  Authors: annie palmer
Keywords: news, cnbc, companies, phone, sending, twitter, common, number, happened, user, security, sim, sms, moretz, heres, usability, probably, attacks, recent, theyre


Here's how the recent Twitter attacks probably happened and why they're becoming more common

When Jack Dorsey started sending out a string of bizarre tweets last week, it was clear that his account had been compromised. Less obvious to his more than 4 million followers was how the attackers took control of the Twitter CEO’s account for almost 20 minutes.

Twitter said hackers had gained access to Dorsey’s profile by effectively stealing his mobile phone number, which was compromised due to a “security oversight” by the carrier. While the company didn’t use the phrase “SIM swapping” in its statement, security experts attributed the attack to the increasingly popular tactic. Days later, the same thing happened to actress Chloe Moretz, who has over 3 million followers.

To carry out a SIM swap, a scammer who has obtained the phone number and other personal information of someone else calls a wireless carrier pretending to be the victim and requests that number be transferred to a new SIM card. If successful with the impersonation, which could include providing the birth date or the mother’s maiden name, the user can start logging into various services, like Twitter, and changing passwords.

Having taken control over the phone number, the attacker will receive messages with one-time passwords, negating the effectiveness of two-factor authentication. An entity that calls itself the Chuckling Squad claimed responsibility for the two attacks against Dorsey and Moretz along with other internet personalities like James Charles and Shane Dawson.

While Twitter has suffered the most high-profile attacks, Facebook, Snap, Microsoft’s LinkedIn and Pinterest rely on similar security measures, leaving their sites open to SIM hijackers who sometimes just want to wreak havoc but other times have more nefarious intentions, such as accessing a victim’s banking credentials.

For Twitter, SMS hijacking is uniquely problematic because it has a feature that allows users to tweet by sending a text to the service.

“Really anything is better than SMS,” said Will Strafach, CEO of mobile security company Guardian Firewall. “The companies want usability. They want user engagement. Companies’ motives aren’t in a place where they favor security over usability.”


Company: cnbc, Activity: cnbc, Date: 2019-09-06  Authors: annie palmer
Keywords: news, cnbc, companies, phone, sending, twitter, common, number, happened, user, security, sim, sms, moretz, heres, usability, probably, attacks, recent, theyre


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post