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Monthly Archives: June 2023

64% of C-suite leaders will hire more thanks to generative A.I.: Upwork report

Headlines have been ablaze about the proliferation of generative AI tools like ChatGPT, many predicting the new tech will replace workers in various fields. As many as 300 million jobs worldwide could be affected, according to a recent Goldman Sachs report. But it turns out many in the C-suite have …

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Severe weather, FAA shortfalls kick off rocky start

Passengers wait at the Newark Liberty International Airport as more than 2000 flights were canceled due to the nationwide storm in New Jersey, United States on June 27, 2023.  Fatih Aktas | Anadolu Agency | Getty Images Flight disruptions mounted Tuesday as severe storms and staffing issues kicked off a …

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Here’s what to know about alternative investments before buying

After a tough year for the stock and bond markets in 2022, some advisors are turning to alternative investments, according to a new survey from the Financial Planning Association.  Nearly 30% of advisors are actively investing in or actively seeking alternative investments, or “alternatives,” for clients, the findings show. These …

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Why a spending plan is better than a budget: financial psychologist

Everything that makes up your personhood — your values, experiences and culture — directly affects your spending habits more than you might think.   “Financial psychology is about the humanness of money: how people think, feel, behave about their money [and] their relationship with money in the past, present and …

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6 Odes to Ohio – The New York Times

Dear listeners, For six of the past seven summers, I’ve spent a long weekend visiting college friends in northern Ohio — a part of the country with which I was previously unfamiliar but has now come to feel like a home away from home. A highlight of these trips is …

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Lawmakers disagree on forming commissions for Social Security reform

Ascentxmedia | Istock | Getty Images Washington lawmakers avoided touching Social Security when they crafted the recent bipartisan compromise to raise the debt ceiling. But the program may come under scrutiny as Congress continues to reevaluate federal spending. “This is the first step,” House Speaker Kevin McCarthy, R-Calif., told Fox …

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Trump may not be strongest GOP candidate: Kevin McCarthy

House Speaker Kevin McCarthy, R-Calif., said Tuesday he does not know if former President Donald Trump is the “strongest” Republican candidate to compete against President Joe Biden in 2024. “Can he win that election? Yeah he can,” McCarthy said on CNBC’s “Squawk Box.” “The question is, is he the strongest …

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Term life insurance is best option for most people, advisors say

Supersizer | E+ | Getty Images How term and permanent life insurance differ Life insurance is a form of financial protection that pays money to beneficiaries, like kids or a spouse, if a policyholder dies. “Term” insurance only pays out a death benefit during a specified term, perhaps 10, 20 …

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DOJ report blasts prison staff misconduct

U.S. financier Jeffrey Epstein appears in a photograph taken for the New York State Division of Criminal Justice Services’ sex offender registry March 28, 2017 and obtained by Reuters July 10, 2019. New York State Division of Criminal Justice Services | Handout | Reuters “Significant misconduct” by federal Bureau of …

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Parents of 14-year-old high school grads

Watching your child graduate high school at age 14 isn’t exactly common. But when Bawo and Bankole Bodunrin saw their youngest daughter Oforitsenere receive her diploma in Arlington, Texas, this spring, they might have felt a sense of deja vu. That’s because, four years ago, their eldest daughter Fifehanmi did …

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