Business
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Want to live in these 11 cities? You’ll need to make at least $100,000 to avoid being ‘rent burdened,’ researchers say.
To avoid spending more than a third of their income on rent, tenants paying average prices in 11 major U.S. markets would need to earn six figures, according to a recent analysis from university researchers. In fact, the average renter in the U.S. overall would have to make almost $81,000 — about $10,000 more than the…
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P.F. Chang’s 34-year-old CEO on what he learned from billionaire John Paulson
Damola Adamolekun is far from your typical CEO. As head of the Asian fusion restaurant chain P.F. Chang’s, the 34-year-old Adamolekun is one of the youngest chief executives in the corporate world. He’s also one of a small number of Black CEOs in the country. The son of a neurologist and pharmacist, Adamolekun was born…
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‘I worry about outliving my money’: I’m a 65-year-old widow in good health. Should I wait until 70 to collect my pension?
I am a 65-year-old widow in good health, and just started collecting my late husband’s Social Security benefit of $4,000 per month. When I turn 70, I will switch to my benefit since it appears it will be around $100 higher every month at that time. My current expenses are running high at about $10,000…
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What Google, Martha Stewart, Amazon and others have gotten so wrong about the remote-work debate
When most couples split up, sleep in separate bedrooms or spend time apart and then decide to get back together, they might go to couple’s counseling or air their grievances in a backstreet coffee shop as a last-ditch effort to repair a once fruitful and happy relationship. Successful conscious re-couplings typically have one thing in…
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A family earning $75,000 can afford 23% of homes for sale. Five years ago, they could afford 50% of listings.
[]American households earning the median wage are seeing the pool of homes they can afford shrink, according to a new report by the National Association of Realtors and Realtor.com, published on Wednesday. []A family earning an annual income of $75,000 per year or less — about 51% of households — can afford to buy a home…
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Should you try a concierge doctor? Here are the pros, the cons and the costs.
My primary care doctor recently left her practice and invited me to join her at her new gig — a concierge medicine group. There, for a membership fee, I’d have better and more personal access to her services: same-day appointments and long conversations! Concierge medicine — a model in which patients pay a membership fee…
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Salesforce is trying a ‘cute gimmick’ to get workers back to the office, but it may fall flat
Salesforce is trying a new tactic in the battle to get employees back to the office: appealing to their charitable side. Salesforce CRM, +2.76% will donate $10 to charity for every day that employees go to the office from June 12 to June 23, Fortune reported this week. The company says it hopes to raise…
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Here’s one way women can feel more empowered when thinking about their finances
Sometimes it seems as if the deck is stacked against you. For women, high inflation and soaring housing costs in many parts of the U.S. can be compounded by a perception that they are unable to work toward financial independence. Alessandra Malito shares the results of a survey that found that women shy away from,…
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Meet Turkey’s new central bank governor as ex-First Republic exec takes on soaring inflation, tumbling lira
The Turkish government has appointed its first first female central bank governor, Hafize Gaye Erkan, a former Goldman Sachs banker who is charged trying to rebuild financial stability and credibility for the country. Erkan replaces Şahap Kavcıoğlu, who held the position for just over three years and will now head up the country’s Banking Regulation…
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The demand for Lithium hidden in your garage
Editor’s note: If you know me, you know I love to read. And with my Economics background, understanding trends and anticipating future impacts gives me an enormous edge as an investor. Here is an intriguing article from our friends at Katusa Research about everyone’s favorite, Elon Musk, and battery storage! Although I did not…
