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Friday, January 12, 2024

Jan 12, 2024 - Why can't today's young adults leave the nest? Blame high housing costs

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Why can't today's young adults leave the nest? Blame high housing costs    
Why can't today's young adults leave the nest? Blame high housing costs
Overall, there can be an economic benefit to these living arrangements, Pew found, and Americans living in multigenerational households are less likely to be financially vulnerable. \"If you are in financial union, make the best of it,\" Kotlikoff said.


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The Companies Cutting Jobs in 2024: Here’s the List    
The Companies Cutting Jobs in 2024: Here’s the List
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed byour Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contactDow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.


Learn more about Jeeng

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Why Bitcoin Mining Stocks Tumbled Sharply on Thursday    
Why Bitcoin Mining Stocks Tumbled Sharply on Thursday
Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than tripled the return of S&P 500 since 2002*.


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Amazon layoffs show Big Tech is still coming down from pandemic highs    
Amazon layoffs show Big Tech is still coming down from pandemic highs
There is a chance Big Tech will bolster its ranks if the Fed starts to cut rates later this year, relaxing the more reserved posture the industry has adopted. But what’s happening now to staff levels suggests otherwise, said Cory Stahle, an economist at Indeed Hiring Lab. After peaking in the spring of 2022, tech industry headcounts suffered a significant decline through the summer of last year. Those losses eventually flattened out and leveled off, a trend that’s likely to continue, as exuberance gives way to caution.


Learn more about Jeeng
Learn more about Jeeng

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Stock market news today: Stocks recover losses after hot inflation print    
Stock market news today: Stocks recover losses after hot inflation print
The S&P 500 (^GSPC) added about 0.2% after the benchmark ended Wednesday at its highest close since January 2022, just short of notching a new record. The Dow Jones Industrial Average (^DJI) added 0.1%, while the tech-heavy Nasdaq led the way, gaining 0.3%.


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1 Fantastic Dividend Stock Down 50% and Yielding 3.5% Passive Income Investors Can Buy Hand Over Fist in 2024    
1 Fantastic Dividend Stock Down 50% and Yielding 3.5% Passive Income Investors Can Buy Hand Over Fist in 2024
Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.


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UK cabinet meets to discuss strikes on Houthi rebels    
UK cabinet meets to discuss strikes on Houthi rebels
Scotland’s first minister, Humza Yousaf, posted on X that Westminster should be recalled. He wrote: “The UK does not have a good record of military intervention in the Middle East. It is therefore incumbent that Westminster is recalled, MPs briefed and allowed to debate and scrutinise any decision to pursue military action that the UK government is proposing.”


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Bitcoin ETF Trades Top $4.6 Billion in ‘Ground-Breaking’ Day    
Bitcoin ETF Trades Top $4.6 Billion in ‘Ground-Breaking’ Day
Psarofagis added a caveat that much of the demand may be from so called “seed” money that is pre-arranged by the fund issuers. Signs of more organic demand, like from retail investors or financial advisors, may come later on as more broker-dealers list the funds on their platforms.


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Inside the Belichick-Kraft breakup: Beyond the losses, there were little moments that signaled the end was near    
Inside the Belichick-Kraft breakup: Beyond the losses, there were little moments that signaled the end was near
With the result decided at the two-minute warning, the Krafts rode an elevator to the tunnel, not far from both teams\' locker rooms. They turned left and walked up a ramp to the outside, leaving behind a defeated team and one major question to answer:


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Why Lucid, Fisker, and QuantumScape Stocks Dropped Today    
Why Lucid, Fisker, and QuantumScape Stocks Dropped Today
Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than tripled the return of S&P 500 since 2002*.


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Victoria's gambling regulator calls for ad ban after being 'bombarded' by worried parents    
Victoria's gambling regulator calls for ad ban after being 'bombarded' by worried parents
In Australia, Gambling Help Online is available on 1800 858 858. The National Debt Helpline is at 1800 007 007. In the UK, support for problem gambling can be found via the NHS National Problem Gambling Clinic on 020 7381 7722, or GamCare on 0808 8020 133. In the US, call the National Council on Problem Gambling at 800-GAMBLER or text 800GAM


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Several women accuse Vincent Gallo of disturbing audition experiences    
Several women accuse Vincent Gallo of disturbing audition experiences
A representative for Gertner and Pacific Media Productions told Rolling Stone that allegations regarding inappropriate remarks were taken “very seriously” and that a Sag-Aftra intimacy coordinator was ultimately hired for the production.


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Sununu Commits to Backing Trump if He Is the G.O.P. Nominee    
Sununu Commits to Backing Trump if He Is the G.O.P. Nominee
“Right now, it looks like most of America would vote for him,” he said of Mr. Trump. “I’m going to support the Republican nominee, absolutely. Yeah, that shouldn’t shock anybody.”


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'Brutal' Arctic blast expected to bring frigid temperatures to North America    
'Brutal' Arctic blast expected to bring frigid temperatures to North America
Climate researchers have theorized that sudden extreme blasts of cold weather in the US could, in some cases, be fueled by global heating. The Arctic is warming up four times faster than the rest of the planet, causing changes to the circular pattern of winds called the polar vortex, which usually keeps the cold massed upon the polar region.


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Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought    
Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
Rick Munarriz has positions in Nu and Toast. The Motley Fool has positions in and recommends Berkshire Hathaway, Goldman Sachs Group, Toast, and Unity Software. The Motley Fool recommends Nu. The Motley Fool has a disclosure policy.


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Ask an Advisor: I Have $1.15 Million Saved and Will Collect $3,500 Per Month in Social Security. Can I Retire at 62?    
Ask an Advisor: I Have $1.15 Million Saved and Will Collect $3,500 Per Month in Social Security. Can I Retire at 62?
Brandon Renfro, CFP®, is a SmartAsset financial planning columnist and answers reader questions on personal finance and tax topics. Got a question you\'d like answered? Email AskAnAdvisor@smartasset.com and your question may be answered in a future column.


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2 Bill Ackman Stocks to Buy and Hold Forever    
2 Bill Ackman Stocks to Buy and Hold Forever
Neil Rozenbaum has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Chipotle Mexican Grill. The Motley Fool recommends Lowe\'s Companies. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.


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Bitcoin ETFs: Here Are the Tickers to Watch    
Bitcoin ETFs: Here Are the Tickers to Watch
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed byour Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contactDow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.


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Hertz to Sell 20,000 EVs in Shift Back to Gas-Powered Cars    
Hertz to Sell 20,000 EVs in Shift Back to Gas-Powered Cars
Tesla’s price cuts raised his company’s depreciation costs, Scherr said. EVs also come with higher repair costs compared to the rest of its cars, which has hurt its bottom line and played a big role in missing third-quarter earnings estimates.


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CVS to close 'select' pharmacies in Target stores in the coming months    
CVS to close 'select' pharmacies in Target stores in the coming months
The closures also come after pharmacy staff from CVS and other drugstore chains walked out in the fall to protest what they call harsh working conditions that put both employees and patients at risk. CVS has told CNBC that the company is engaging with staff to directly address any concerns they might have.


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Nadia El-Nakla, wife of Humza Yousaf, urges ministers to let her host Palestinian brother    
Nadia El-Nakla, wife of Humza Yousaf, urges ministers to let her host Palestinian brother
“There’s nothing that I can say to comfort him. I said to him to remember the line from the Qur’an that says with difficulty comes ease, and that ease should come soon. He replied: ‘I say that line about 100 times a day.’ They’re just so tired of it. There’s no respite.”


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Ebay fined $3m after workers harassed couple and sent spiders to their home    
Ebay fined $3m after workers harassed couple and sent spiders to their home
Wenig, who stepped down as chief executive in 2019, was not criminally charged in the case and has denied having any knowledge of the harassment campaign or ever telling anyone to do anything illegal.


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Untold stories from Mike McDaniel's wonder years    
Untold stories from Mike McDaniel's wonder years
McDaniel didn\'t answer, and Soder assumed his friend was out for the night. He couldn\'t help but think back to those late nights in the basement, watching SNL and then talking about football and comedy until one of them just stopped talking. Thirty years later, here they were, both of them inside The Rope, and McDaniel was the first to drift off.


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Google lays off hundreds in hardware, augmented reality and Assistant divisions    
Google lays off hundreds in hardware, augmented reality and Assistant divisions
Google is now locked in a fierce rivalry with Microsoft as both firms strive to lead in the artificial intelligence domain. The office software giant has stepped up its artificial intelligence offerings to rival Google’s. In September, Microsoft introduced a Copilot feature that incorporates artificial intelligence into products like its search engine Bing, browser Edge as well as Windows for its corporate customers.


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Bitcoin, Crypto Stocks Waver on First Spot Bitcoin ETF Trading Day    
Bitcoin, Crypto Stocks Waver on First Spot Bitcoin ETF Trading Day
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed byour Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contactDow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.


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GOP presidential candidates agree: Student loan borrowers shouldn't get forgiveness    
GOP presidential candidates agree: Student loan borrowers shouldn't get forgiveness
The former South Carolina governor and U.S. ambassador to the United Nations under Trump tweeted last June that \"a president cannot just wave his hand and eliminate loans for students he favors, while leaving out all those who worked hard to pay back their loans or made other career choices.\"


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Kim Reynolds Has Another Account, @Kimberl26890376, and Opinions About Donald Trump    
Kim Reynolds Has Another Account, @Kimberl26890376, and Opinions About Donald Trump
Shane Goldmacher is a national political correspondent, covering the 2024 campaign and the major developments, trends and forces shaping American politics. He can be reached at shane.goldmacher@nytimes.com. More about Shane Goldmacher


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Nvidia's CFO Shared Fantastic Information About Its Growth for 2024 and Beyond    
Nvidia's CFO Shared Fantastic Information About Its Growth for 2024 and Beyond
Jose Najarro has positions in Nvidia and Taiwan Semiconductor Manufacturing. The Motley Fool has positions in and recommends Nvidia and Taiwan Semiconductor Manufacturing. The Motley Fool has a disclosure policy.Jose Najarro is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.


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Nearby buildings compromised by Brooklyn synagogue tunnel, officials say    
Nearby buildings compromised by Brooklyn synagogue tunnel, officials say
The Chabad-Lubavitch headquarters was once home to an Orthodox Jewish movement’s leader, Rabbi Menachem Mendel Schneerson, who led the Chabad-Lubavitch movement for more than four decades before his death in 1994, reinvigorating a Hassidic religious community that had been devastated by the Holocaust. Some loyal devotees to Schneerson reportedly believe he is the Messiah and that the tunnel was intended as part of the leader’s expansion plan.


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Consumer prices rose 0.3% in December, higher than expected, pushing the annual rate to 3.4%    
Consumer prices rose 0.3% in December, higher than expected, pushing the annual rate to 3.4%
New York Fed President John Williams said Wednesday that inflation clearly has abated from its more than 40-year peak in mid-2022 and is making solid progress. But he gave no clues as to when he thinks rate cuts will be appropriate and insisted that \"restrictive\" policy is likely to stay in place for some time.


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US and UK prepare to launch strikes against Houthis in Yemen    
US and UK prepare to launch strikes against Houthis in Yemen
A key provision of Wednesday’s security council resolution, which was sponsored by the US and Japan, noted the right of UN member states, in accordance with international law, “to defend their vessels from attack, including those that undermine navigational rights and freedoms”.


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4 Magnificent Artificial Intelligence (AI) Semiconductor Stocks to Dominate 2024 -- Nvidia Is No. 1, but Can You Guess the Other 3?    
4 Magnificent Artificial Intelligence (AI) Semiconductor Stocks to Dominate 2024 -- Nvidia Is No. 1, but Can You Guess the Other 3?
Jose Najarro has positions in Advanced Micro Devices and Nvidia. The Motley Fool has positions in and recommends Advanced Micro Devices and Nvidia. The Motley Fool recommends Intel and Marvell Technology and recommends the following options: long January 2023 $57.50 calls on Intel, long January 2025 $45 calls on Intel, and short February 2024 $47 calls on Intel. The Motley Fool has a disclosure policy.


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Embassy throws Ohtani a bone with visa for dog    
Embassy throws Ohtani a bone with visa for dog
Emanuel previously met Ohtani at the U.S. Embassy in March 2023, when the two-way player was with the Los Angeles Angels. Ohtani signed a $700 million, 10-year deal to join the Dodgers in December.


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As Utility Bills Rise, Low-Income Americans Struggle for Access to Clean Energy    
As Utility Bills Rise, Low-Income Americans Struggle for Access to Clean Energy
Low-income households have been slower to adopt clean energy because they often lack sufficient savings or have low credit scores, which can impede their ability to finance projects. Some have also found it difficult to navigate federal and state programs that would make installations more affordable, and many are renters who cannot make upgrades themselves.


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Top Natural Gas Producers Announce Multibillion-Dollar Merger    
Top Natural Gas Producers Announce Multibillion-Dollar Merger
Chesapeake, a pioneer in extracting natural gas from shale rock, played a big role in helping the United States become a net exporter of natural gas. But it has faced turmoil in recent years. It filed for bankruptcy in June 2020 with more than $20 billion in debt, largely because one of its founders, Aubrey McClendon, had overextended the company’s operations.


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4 Magnificent Artificial Intelligence (AI) Semiconductor Stocks to Dominate 2024 -- Nvidia Is No. 1, but Can You Guess the Other 3?    
4 Magnificent Artificial Intelligence (AI) Semiconductor Stocks to Dominate 2024 -- Nvidia Is No. 1, but Can You Guess the Other 3?
Jose Najarro has positions in Advanced Micro Devices and Nvidia. The Motley Fool has positions in and recommends Advanced Micro Devices and Nvidia. The Motley Fool recommends Intel and Marvell Technology and recommends the following options: long January 2023 $57.50 calls on Intel, long January 2025 $45 calls on Intel, and short February 2024 $47 calls on Intel. The Motley Fool has a disclosure policy.


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Hertz to Sell 20,000 EVs in Shift Back to Gas-Powered Cars    
Hertz to Sell 20,000 EVs in Shift Back to Gas-Powered Cars
Tesla’s price cuts raised his company’s depreciation costs, Scherr said. EVs also come with higher repair costs compared to the rest of its cars, which has hurt its bottom line and played a big role in missing third-quarter earnings estimates.


Work
Ask an Advisor: I Have $1.15 Million Saved and Will Collect $3,500 Per Month in Social Security. Can I Retire at 62?    
Ask an Advisor: I Have $1.15 Million Saved and Will Collect $3,500 Per Month in Social Security. Can I Retire at 62?
Brandon Renfro, CFP®, is a SmartAsset financial planning columnist and answers reader questions on personal finance and tax topics. Got a question you\'d like answered? Email AskAnAdvisor@smartasset.com and your question may be answered in a future column.


Work
Why Bitcoin Mining Stocks Tumbled Sharply on Thursday    
Why Bitcoin Mining Stocks Tumbled Sharply on Thursday
Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than tripled the return of S&P 500 since 2002*.


Work
Bitcoin ETF Trades Top $4.6 Billion in ‘Ground-Breaking’ Day    
Bitcoin ETF Trades Top $4.6 Billion in ‘Ground-Breaking’ Day
Psarofagis added a caveat that much of the demand may be from so called “seed” money that is pre-arranged by the fund issuers. Signs of more organic demand, like from retail investors or financial advisors, may come later on as more broker-dealers list the funds on their platforms.


Work
Bitcoin ETFs: Here Are the Tickers to Watch    
Bitcoin ETFs: Here Are the Tickers to Watch
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed byour Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contactDow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.


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1 Fantastic Dividend Stock Down 50% and Yielding 3.5% Passive Income Investors Can Buy Hand Over Fist in 2024    
1 Fantastic Dividend Stock Down 50% and Yielding 3.5% Passive Income Investors Can Buy Hand Over Fist in 2024
Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.


Work
Bitcoin, Crypto Stocks Waver on First Spot Bitcoin ETF Trading Day    
Bitcoin, Crypto Stocks Waver on First Spot Bitcoin ETF Trading Day
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed byour Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contactDow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.


Work
Amazon layoffs show Big Tech is still coming down from pandemic highs    
Amazon layoffs show Big Tech is still coming down from pandemic highs
There is a chance Big Tech will bolster its ranks if the Fed starts to cut rates later this year, relaxing the more reserved posture the industry has adopted. But what’s happening now to staff levels suggests otherwise, said Cory Stahle, an economist at Indeed Hiring Lab. After peaking in the spring of 2022, tech industry headcounts suffered a significant decline through the summer of last year. Those losses eventually flattened out and leveled off, a trend that’s likely to continue, as exuberance gives way to caution.


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The Companies Cutting Jobs in 2024: Here’s the List    
The Companies Cutting Jobs in 2024: Here’s the List
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed byour Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contactDow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.


Work
Embassy throws Ohtani a bone with visa for dog    
Embassy throws Ohtani a bone with visa for dog
Emanuel previously met Ohtani at the U.S. Embassy in March 2023, when the two-way player was with the Los Angeles Angels. Ohtani signed a $700 million, 10-year deal to join the Dodgers in December.


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Matthew Stafford built his resiliency with the Lions -- now he's out to play spoiler against them    
Matthew Stafford built his resiliency with the Lions -- now he's out to play spoiler against them
\"He\'s unfathomable,\" Rams offensive coordinator Mike LaFleur said. \"No matter what happens, he can always bounce back from it and he doesn\'t always have to bounce back, but inevitably it\'s the NFL and he\'s playing the hardest position in all sports so there are going to be some not great things or things he wants back, and he just learns from it within the moment and just keeps on swinging.


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SVP's One Big Thing: Nick Saban leaves Alabama as best to ever do it    
SVP's One Big Thing: Nick Saban leaves Alabama as best to ever do it
Whoever that person is needs to be hardwired for the task because it will devour anyone who isn\'t. Expectations will be unreasonable. But if you say that, Tide fans could ask \"Yeah, and why is that? Nick did it.\"


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2024 NBA trade deadline: Latest buzz, news and reports    
2024 NBA trade deadline: Latest buzz, news and reports
12:25 p.m. ET: The New York Knicks acquired forward OG Anunoby in a trade that sent RJ Barrett, Immanuel Quickley and a 2024 second-round pick to the Toronto Raptors, the teams announced. The Knicks also got forward Precious Achiuwa and guard Malachi Flynn in the deal.


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Midseason predictions: Why we're high(er) on Arizona, Kentucky, more    
Midseason predictions: Why we're high(er) on Arizona, Kentucky, more
Lunardi:Zach Edey, PurdueKyle Filipowski, DukeHunter Dickinson, KansasDaRon Holmes II, DaytonTristen Newton, UConnMy fifth spot came down to McCullar and Newtown, but this team really needs a guard.


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Midseason predictions: Are we headed for a South Carolina-UCLA women's NCAA title game?    
Midseason predictions: Are we headed for a South Carolina-UCLA women's NCAA title game?
Creme: The ACC will lead the country with nine teams in the NCAA tournament, but only three will reach the Sweet 16 -- and none will make the Final Four. With the exception of NC State and Virginia Tech, the ACC looks to be a deep collection of very-good-but-not-great teams. It will make a compelling regular-season race and a potentially fascinating ACC tournament, but not a national champion. Of course, Louisville will make the Elite Eight for the sixth consecutive year because, somehow, Jeff Walz always finds a way.


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Kaplan's latest NHL buzz: Guentzel's future, Gauthier trade among hot topics    
Kaplan's latest NHL buzz: Guentzel's future, Gauthier trade among hot topics
Retired center Paul Gaustad was believed to be the first player to try this in the NHL. Nick Bonino picked up the trick from Gaustad when they played together in Nashville, and brought it to the Rangers. Bonino switches his stick most consistently, but Barclay Goodrow and Vincent Trocheck (who is leading the Rangers with a career-best 61.9% in the circle) have been doing it, too. A few other centers have been noodling with it around the league, including New Jersey\'s Erik Haula and Detroit\'s Dylan Larkin and J.T. Compher. I\'d keep an eye on this as a growing trend.


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Men's January transfer grades: Man United get a D for Sancho loan    
Men's January transfer grades: Man United get a D for Sancho loan
Clearly not a part of Ange Postecoglou\'s plans, Lloris has been out of the picture for six months despite being club captain last season. With a contract until the summer, Spurs did the decent thing to let the 37-year-old go for nothing midseason, but it\'s a sad end to his 11-year career in north London.


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In 2024, let's not take for granted racing's living legends    
In 2024, let's not take for granted racing's living legends
Because, as we learned too many times just before the page turned on 2023, that window will close without warning and without the opportunity to give them the thanks that they deserved when we had the chance.




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