1st in a trend — NYC offices converting to apartments

https://apple.news/Apxpi95-mTwy7enUCpLhylw Empty Wall Street Offices to Be Revived as Apartments 55 Broad St. in New York’s financial district will be turned into 571 apartments, one of the largest office conversions to be launched during the pandemic The conversion of 55 Broad St. to apartments comes as the remote-working trend is sending office vacancies soaring.PHOTO: REBECCA PICCIOTTO/THE … Continue reading 1st in a trend — NYC offices converting to apartments

Fertility crisis in developed countries not limited to Japan

https://www.bloomberg.com/opinion/articles/2022-06-21/the-fertility-crisis-started-in-japan-but-it-won-t-stay-there? The Fertility Crisis Started in Japan, But It Won’t Stay There A declining population and plummeting fertility rate isn’t a unique Japanese phenomenon. All rich countries will contend with this crisis.  A wealth problem?Photographer: Kazuhiro Nogi/AFP/Getty Images By Gearoid Reidy June 21, 2022, 3:00 PM EDT Gearoid Reidy is a Bloomberg News senior editor covering … Continue reading Fertility crisis in developed countries not limited to Japan

Expect big sales as supply chain backups ease and produce an oversupply of items you might need

https://apple.news/AukRxaYFnSiGxaTDmjhG7gw Stores Have Too Much Stuff. Here’s Where They’re Slashing Prices. Retailers are getting ready to cut prices of goods that were popular during the pandemic. Expect ‘discounts like you’ve never seen before.’ By Rachel Wolfe June 14, 2022 5:30 am ET Target, Walmart and Macy’s announced recently that they are starting to receive large shipments of outdoor furniture, loungewear and electronics … Continue reading Expect big sales as supply chain backups ease and produce an oversupply of items you might need

Elon Musk’s prohibition against remote work could undermine Tesla’s future

https://www.salon.com/2022/06/03/elon-musks-authoritarian-attitude-against-remote-work-could-undermine-teslas-future/ Elon Musk's authoritarian attitude against remote work could undermine Tesla’s future Musk demands Tesla employees return to full-time, in-person work. Does he know remote workers are more productive? By GLEB TSIPURSKY PUBLISHED JUNE 3, 2022 4:12PM (EDT) Elon Musk, Tesla CEO, stands in the foundry of the Tesla Gigafactory (Patrick Pleul/picture alliance via Getty Images) Tesla … Continue reading Elon Musk’s prohibition against remote work could undermine Tesla’s future

Apple Pay third most popular payment system after Venmo and Zelle

http://www.appleworld.today/2022/06/09/survey-apple-pay-is-the-third-most-popular-payment-service-following-venmo-and-zelle/ SURVEY: APPLE PAY IS THE THIRD MOST POPULAR PAYMENT SERVICE (FOLLOWING VENMO AND ZELLE) Dennis Sellers,June 9, 2022 The COVID-19 pandemic pushed many businesses (and consumers) away from cash and toward digital payments. A new survey on America’s cash and digital payment habits found nearly 1-in-4 people don’t have any cash on them and 1-in-5 say they’ve stopped … Continue reading Apple Pay third most popular payment system after Venmo and Zelle

Americans more concerned about inflation than unemployment

https://apple.news/AN-FqasJkTVKD5v_JjbcgmA Biden’s unemployment numbers are lower than any time between the ’70s and 2019, but he’s getting slammed over expensive gas BY  HILLARY HOFFOWER June 3, 2022 2:17 PM EDT More Americans are finding work than any time during the past 50 years except for just a few. The 3.6% unemployment rate has been holding steady for three months in a row, … Continue reading Americans more concerned about inflation than unemployment

Wedding boom unlikely to produce economically needed baby boom

https://www.barrons.com/articles/the-wedding-craze-is-no-baby-boom-whats-at-stake-for-the-economy-51654271224 The Wedding Boom Is Hiding a Troubling Trend for the  Economy By Sabrina Escobar and Teresa Rivas June 3, 2022, 11:47 am EDT First comes love, then comes marriage. The baby carriage is a bit of a question mark. This year will be a banner year for weddings, with some 25% more couples saying … Continue reading Wedding boom unlikely to produce economically needed baby boom

How are Americans dealing with inflation?

This article from April is far from dated as inflation continues to grow and consumers continue to make changes in their spending habits. https://www.cnbc.com/2022/04/12/inflation-surged-8point5percent-in-march-where-americans-plan-to-make-cuts.html Inflation surged 8.5% in March. Here’s what Americans plan to cut as prices continue to rise  PUBLISHED TUE, APR 12 202212:26 PM EDTUPDATED TUE, APR 12 20223:09 PM EDT by Carmen … Continue reading How are Americans dealing with inflation?

Why aren’t employees coming back to the office? It’s the commute

http://www.wsj.com/articles/dreaded-commute-to-the-city-is-keeping-offices-mostly-empty-11653989581? Dreaded Commute to the City Is Keeping Offices Mostly Empty Urban areas where people live closer to work have a higher return-to-office rate, WSJ analysis shows A train platform at Newark Penn Station in Newark, N.J. In a Gallup survey last summer, 52% of those who want to work remotely listed avoiding commuting time … Continue reading Why aren’t employees coming back to the office? It’s the commute

U.S. and U.K. investors will take huge financial hit if fossil fuels tank

https://www.theguardian.com/environment/2022/may/26/people-in-us-and-uk-face-huge-financial-hit-if-fossil-fuels-lose-value-study-shows? People in US and UK face huge financial hit if fossil fuels lose value, study shows Strong climate action could wipe $756bn from individuals’ pension funds and other investments in rich countries An oilfield in Germany. The study calculated that individuals own 54% of the $1.4tn oil and gas assets at risk. Photograph: Martin Meissner/AP … Continue reading U.S. and U.K. investors will take huge financial hit if fossil fuels tank

How many stocks are optimal in an individual portfolio?

https://www.kiplinger.com/investing/stocks/604724/how-many-stocks-should-you-have-in-your-portfolio How Many Stocks Should You Have in Your Portfolio? It's been a volatile year for the market. One of the best ways for investors to smooth the ride is through a diverse selection of stocks and stock funds. by: James K. Glassman May 25, 2022 With this year's rough ride, you don't need reminding that … Continue reading How many stocks are optimal in an individual portfolio?

Teen babysitters charging $30/hour

https://www.wsj.com/articles/babysitters-teenagers-inflation-11652970427? Teen Babysitters Are Charging $30 an Hour Now, Because They Can Sitter shortage has parents treating teenagers like VIPs; ‘order anything you want for dinner’ By Rachel Wolfe, May 19, 2022 10:32 am ET Before the pandemic, Dani Gantcher earned about $15 an hour babysitting in her hometown of Scarsdale, N.Y. Parents sometimes asked her to wash … Continue reading Teen babysitters charging $30/hour