Saturday, December 31, 2022

Five Money Moves to Make Right Away in 2023 - TheStreet

For example, if you want to save $1,000 by the end of the year, you can start by saving $100 per month in January. “Then, by the time October comes around, you will have the $1,000 saved,” Hayes noted.

2023, in particular, looks like a good year to focus on personal finances given the economic problems the nation faced in 2022--and will face heading into 2023.

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Publisher: TheStreet
Date: 2022-12-31T14:00:00Z
Author: Brian O
Twitter: @thestreet
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Want to get more out of your money in the new year? We have a free newsletter for that

A lot of people wake up on the first day of the new year feeling woozy from too much champagne. And soon after that, many find themselves with a financial hangover from the spending frenzy of the holiday season.

USC defensive players says the defense improved greatly from last season, however, defensive coordinator Alex Grinch is honest how it went this season.

Twitter: @YahooFinance
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How To Make Your Money Go Farther In 2023

A pedestrian walks past a grocery store window showing advertisements in Queens, New York, the ... [+] United States on Dec. 23, 2022. The U.S.

There are about a million reasons to want your money to go farther in 2023. Maybe the high inflation throughout 2022 has you feeling like you're paying more for less, or perhaps you took a pay cut that made you feel financially squeezed.

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Publisher: Forbes
Date: 2022-12-28
Author: Robert Farrington
Twitter: @forbes
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A few thoughts on money and other things as the new year begins | Column

As a retired professor of finance, I have a few random thoughts and observations as a new year dawns. Some are about money, wages and the economy, and a few aren't.

According to economist and New York Times columnist Paul Krugman, the era of low interest rates probably isn't over. He believes that weak private investment demand — which are capital expenditures by businesses — will bring interest rates down.

Publisher: Tampa Bay Times
Date: 2022-12-31 10:30:00
Twitter: @TB_Times
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How To Talk To Children About Money This Year

With the holidays soon gone, the annual January spending hangover awaits. It's around this time when families have to pay credit card bills and face the splurge of spending that they undertook in December.

With the holiday damage on top of mind, it also provides a fantastic moment to help teach, guide or inform your children about money.

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Publisher: Forbes
Date: 2022-12-30
Author: Ryan Derousseau
Twitter: @forbes
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Healthcare Workers Are Stressed About Money, New Survey Shows

Adding to long hours and staffing shortages, a new survey shows that financial woes are on many healthcare workers' worry lists.

The survey findings showed that personal finances are affecting the mental health and well-being of many healthcare workers.

About half (52%) of healthcare workers surveyed said they feel less confident about their personal finances than they did a year ago. Compared to last year, more than half report feeling more worried about paying for groceries (58%), rent or mortgage (57%), gas (56%), and utilities (53%).

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Publisher: Forbes
Date: 2022-12-30
Author: Deb Gordon
Twitter: @forbes
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How to recession proof your money | Fortune

Between soaring interest rates and record food and energy costs, a recession in 2023 may be hard to avoid.

Preparing for the realities of such a downturn—which may include fewer employment opportunities as the economy tightens, layoffs, and continued volatility in the stock market —is an important move to help weather whatever challenges lie ahead.

Publisher: Fortune
Author: Mia Taylor
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28-year-old ex-stock trader and self-made millionaire's best money lessons for 2023

And thanks to that business prowess, along with a dogged work ethic and some savvy money moves , in 2022 the 28-year-old continued to build her financial empire and hit her goal to earn $1 million within a year.

It's a major milestone for the ex-New York Stock Exchange equity trader, who at 22 years old became the youngest and only second Black woman to trade on the floor — and was severely underpaid while doing it, earning just $12,000 a year while male colleagues made ten times as much.

Publisher: CNBC
Date: 2022-12-30T14:15:01 0000
Author: https www facebook com CNBC
Twitter: @CNBC
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Money managers are hopeful about the stock market in 2023. How they plan to invest

Despite this year's market havoc, investors are feeling fairly optimistic going into 2023, according to a new CNBC Delivering Alpha investor survey.

Four out of 10 predict that the S&P 500 will rise 6% to 10% next year. Nearly 2 in 10 are calling for gains between 11% and 19%.

Publisher: CNBC
Date: 2022-12-30T11:00:02 0000
Author: https www facebook com CNBC
Twitter: @CNBC
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Friday, December 30, 2022

Springdale Township final budget passes with no tax hike | TribLIVE.com

Springdale Township Commissioners last week approved a nearly $1.2 million budget for next year that keeps the real estate tax rate at 6.50 mills.

Spending will increase by $40,000 for the township’s share in the Allegheny Valley Regional Police department. The township shares police costs with East Deer and Cheswick.

Publisher: TribLIVE.com
Date: 2022-12-30T10:01:00-05:00
Author: George Guido
Twitter: @triblive
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Devin LeMahieu on Wisconsin's 2023 budget, confirmations

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Publisher: PBS Wisconsin
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Factbox: Turkey's raft of pre-election spending to swell budget | Reuters

ANKARA, Dec 30 (Reuters) - President Tayyip Erdogan's decision to allow more than 2 million Turkish workers to retire early is his latest measure to ease economic hardships in the run-up to tight elections, and it will swell government spending to record levels.

The rate cuts sparked a lira currency crash a year ago and sent inflation soaring above 85% in October, leaving households struggling to afford basic needs such as food, energy and rent.

Publisher: Reuters
Date: 2022-12-30T05:45:10Z
Author: Nevzat Devranoglu Daren Butler
Twitter: @Reuters
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Charleroi adopts budget with 3-mill increase | Local News | observer-reporter.com
Publisher: Observer-Reporter
Author: Paul Paterra Staff writer ppaterra observer reporter com
Twitter: @oronline
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City Council passes $37M budget for '23

The Pine Bluff City Council passed a budget for 2023 of almost $37 million on Thursday evening, but it was an appropriation for $2 million for a Delta Rhythm and Bayous Cultural District Project that took the majority of the discussion during a two-hour meeting.

Back in November, when council members were in the early stages of hashing out next year's budget, members voted 8-0 to support Jimmy Cunningham Jr.'s cultural district project. There were a couple of procedural hangups after that vote, but eventually those were worked out.

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Publisher: Arkansas Online
Date: 2022-12-30 4:25
Author: Byron Tate
Twitter: @arkansasonline
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ESA to hire more staff after budget increase - SpaceNews

WASHINGTON — Fresh off of securing a significant budget increase, the European Space Agency plans to hire 200 new employees in 2023 to help it implement new projects.

At a Dec. 15 briefing after a meeting of the ESA Council, agency officials announced ESA would increase its staff, currently at about 6,000 people, by 200 in the next year to support projects funded by its members at the November ministerial meeting.

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Publisher: SpaceNews
Date: 2022-12-30T01:21:47 00:00
Author:
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Bloomberg - Are you a robot?
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Federal student aid office has more to do, but same budget - Marketplace

Sign up for the daily Marketplace newsletter to make sense of the most important business and economic news.

The Office of Federal Student Aid has a lot going on right now.

She’s been to some of those late-night meetings. “There’s so many really enormous projects in the air that have very limited timelines to get done, and they’re under a lot of pressure to get those done,” Mayotte said.

Publisher: Marketplace
Date: 2022-12-29T22:56:52 00:00
Author: Stephanie Hughes
Twitter: @Marketplace
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12/29/2022 | Ocean Pines Budget Proposes Assessment Reduction | News Ocean City MD

OCEAN PINES – Association members could see another assessment reduction in the coming fiscal year.

This month, the Ocean Pines Association (OPA) released its preliminary budget for fiscal year 2023-2024.

The spending plan proposes police department incentives, increases in payroll and benefits and a $21 assessment reduction for non-waterfront lots.

Publisher: News Ocean City Maryland Coast Dispatch Newspaper
Date: 2022-12-29T20:30:23 00:00
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Thursday, December 29, 2022

How has overtime pay worked over time?

The authors are a professor at the Dyson School of Applied Economics and Management, a dairy management specialist, and an agricultural workforce specialist, all with Cornell University.

The Fair Labor Standards Act (FSLA) of 1938 is a federal law that created the right to a minimum wage as well as overtime pay when people work more than 40 hours a week. The federal minimum wage was 25 cents per hour when it was introduced in 1938, and it has been adjusted upward over time.

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Date: How has overtime pay worked over time
Author: https hoards com by author 449 1 html
Twitter: @#!/HoardsDairyman
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New California Overtime Rate in 2023 for Agricultural Employees Working for Employers who Employ ...

Oakland - California’s overtime rate for agricultural employees working for employers who employ 25 or fewer employees will change starting January 1, 2023.

Overtime (1.5x regular rate of pay) required after the following hours per day/hour per workweek:

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Author: Cal OSHA
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Oregon farmers, agricultural workers prep for overtime rule

A bill that requires agricultural employers to pay their workers overtime takes effect Jan. 1, and some farmers already are trying to find ways around it.

"We told our guys they're not going to get overtime," said Anne Krahmer-Steinkamp, a blueberry farmer in Albany.

Publisher: Statesman Journal
Date: Farmworker overtime is coming. Is Oregon ready
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Overtime is blowing Police Department’s budget – Jeff Davis Ledger
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Publisher: Jeff Davis Ledger
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An overview of new laws taking effect in Washington starting 2023 | News | nbcrightnow.com

In many ways, the start of a new year means transformation: changing from one calendar to the next, working on personal resolutions and the implementation of recently-passed legislation.

Publisher: NBC Right Now
Date: 0713B43387E696EA1A415814D82F3F41
Author: Karlee Van de Venter Digital Content Producer
Twitter: @KNDUKNDO
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Gadsden looks at population changes in reorganizing fire department

When Gadsden's new administration took office, Mayor Craig Ford and his staff knew issues existed with overtime in the Gadsden Fire Department.

For quite some time, the fire department, like the police department, has struggled to maintain staffing and cover shifts, which increased the amount of overtime worked and paid.

Publisher: Gadsden Times
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Gal pal rats out LIRR worker for dalliances on company time

A scorned lover snitched on her LIRR worker ex-beau for having a rendezvous with her at a local motel while he was collecting overtime pay, a report said Wednesday.

The railroad crane engineer, a 25-year LIRR employee, admitted to just one illicit dalliance in November 2020 — even though the ex-girlfriend claimed the two met multiple times over the course of a year, the MTA Inspector General’s Office said.

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Publisher: New York Post
Date: 2022-12-28T20:42:22 00:00
Twitter: @nypost
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Alaska's top-earning state employees include investment managers, troopers and two psychiatrists - ...

The Alaska Department of Corrections advertises a $10,000 hiring bonus during the 2022 Fourth of July Parade in Juneau. A listing of state employees' gross pay shows more than half of the top 50 state employees are in public safety. (Photo by Lisa Phu/Alaska Beacon)

Alaska's top-grossing public employee during the last fiscal year was a forensic psychiatrist for the state prison system, according to a report released after a public records request by the Alaska Beacon.

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Publisher: Alaska Beacon
Date: 2022-12-28T15:00:38 00:00
Twitter: @AlaskaBeacon
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New York State Minimum Wage Increased for Upstate Employees and Related Developments | Hodgson ...

Effective December 31, 2022, the minimum wage in upstate New York (all of New York State except Nassau, Suffolk, and Westchester counties and New York City), will rise from $13.20 to $14.20 per hour.

The minimum wage for employees working at fast food establishments anywhere in New York State will remain at $15.00 per hour.

Publisher: JD Supra
Twitter: @jdsupra
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California Medical Worker Can Pursue Wage-and-Hour Allegations

Sutter Valley Medical Foundation must face accusations it failed to pay workers overtime and minimum wages after a federal judge in California rejected the nonprofit health organization's request to have the case thrown out.

The medical assistant who filed the would-be class case sufficiently alleged that she worked uncompensated overtime, and Sutter Valley can't use two similar suits in state court to have her state-law claims paused or tossed from the federal action, the US District Court for the Eastern District ...

Twitter: @BLaw
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Wednesday, December 28, 2022

Business owners react to new regulations for adult entertainment establisments

The zoning code defines and governs where these kinds of businesses can operate. Some business owners are not pleased with the city's efforts to tighten regulations.

Kim Patterson, the owner of Enchantasys in Fargo, says her business will be drastically hindered now that the zoning ordinance has passed.

Publisher: https://www.valleynewslive.com
Twitter: @ValleyNewsLive
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New laws and regulations going in effect on New Year's Day

A new year always brings changes and there are some major laws and regulations going into effect on Jan. 1, 2023.

New laws normally mean more rules rule to follow, but there are some major changes coming into effect to help Virginians in 2023.

Since May 2021, the minimum wage has steadily increased and according to the Code of Virginia , it will continue for years to come.

Publisher: https://www.whsv.com
Twitter: @WHSVnews
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This Week in Ridiculous Regulations - Competitive Enterprise Institute

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Publisher: Competitive Enterprise Institute
Date: 2022-12-23T17:04:53 00:00
Twitter: @ceidotorg
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Treasury, IRS issue guidance on corporate stock repurchase excise tax in advance of forthcoming ...

The new code section added by the Inflation Reduction Act imposes a 1% excise tax on the aggregate fair market value of stock repurchased by certain corporations during the taxable year, subject to adjustments.

Notice 2023-2 describes certain rules and procedures that the Treasury Department and the IRS intend to include in the forthcoming proposed regulations. Taxpayers may rely upon Notice 2023-2 until the issuance of the forthcoming proposed regulations.

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Nevada Gaming Commission Adopts Cybersecurity Regulations

On December 22, 2022, the Nevada Gaming Commission (NGC) adopted regulations creating new cybersecurity requirements for certain gaming operators. This action joins agencies in other jurisdictions moving quickly to protect consumers and their personal information in the gaming industry.

Gaming operators must take "all appropriate steps to secure and protect their information systems from the ongoing threat of cyber attacks," including satisfying the requirements of chapter 603A of Nevada Revised Statutes (NRS).

Publisher: The National Law Review
Date: 5493B547C0AB527FF4CF8C4D0127302A
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EP council discusses new solicitor regulations | News, Sports, Jobs - Morning Journal

Council gave a second reading to legislation outlining new regulations for solicitors during the most recent meeting.

The new legislation was drafted upon the request of police Chief Jim Brown, who told council last month that there have been quite a few problems with door-to-door solicitors becoming very aggressive and intimidating to residents as well as just falling short of forced entry into their homes.

Publisher: morningjournalnews.com
Twitter: @Morning_Journal
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Slowly but surely, new laws and regulations for industrial hemp advance

The legal and regulatory landscape for industrial hemp still has a long way to go toward normalization, but progress was made this year, especially in Europe, where key rules covering planting seeds and THC limits for hemp “on the field” have been adopted.

Your donations help us to keep HempToday open for all readers, regardless of what they can afford to pay.

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Publisher: HempToday®
Date: Time to read
Twitter: @hemptodaynews
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Tuesday, December 27, 2022

When pride wears the mask of economics | Deccan Herald

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Publisher: Deccan Herald
Date: 2022-12-27T16:06:23 05:30
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Rhodes to success: Spokane woman and economics student earns scholarship to Oxford | The ...

Ilina Logani doesn't consider herself a scholar. Despite this, the 23-year-old and self-described "literature nerd," "code monkey" and runner became one of only a few Spokanites to have earned the title of Rhodes scholar when her name was called this year.

Logani, a 2018 graduate of Gonzaga Prep and a 2022 graduate of Columbia University in New York, was among 32 Americans who earned the prestigious, full-ride scholarship to the University of Oxford in England.

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Publisher: Spokesman.com
Date: 2022-12-26T20:02:21.198215
Twitter: @SpokesmanReview
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The economics of thinness, heat and the haj, and the decline of the city grid | The Economist

Publisher: The Economist
Twitter: @TheEconomist
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Centre For Economics And Business Research Says China's Economy Grew 3.2% In 2022, Well Below ...

The China’s economy grew by 3.2 per cent in 2022, according to the Centre for Economics and Business Research (Cebr)

Zero Covid has been abandoned in Hong Kong, albeit not entirely successfully, and the consultancy expects that it will not be abandoned fully on the mainland until the population is better vaccinated.

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Publisher: HW News English
Date: 2022-12-27T05:55:00 00:00
Author: ANI
Twitter: @HWNewsEnglish
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Caroline Ellison said she grew up 'exposed to a lot of economics.

Caroline Ellison, the former CEO of the crypto trading firm Alameda Research, has become entwined in the criminal proceedings related to FTX's collapse.

US federal prosecutors have accused Ellison of being involved in Sam Bankman-Fried's alleged scheme to defraud FTX customers and misappropriate their funds, with some of the money being used to prop up Alameda Research.

Twitter: @YahooNews
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Indian Economics Association to kick off three-day annual conference on economics in Bengaluru | ...

Indian Economics Association (IEA) is set to hold its 105th annual conference from Tuesday (December 27) to Thursday (December 29) in Bemgaluru.

The conference this year is centred around four major themes including India: Global Economy and the World Economic Order; Azadi ka Amrit Mahotsav-Sectors of the Economy, Performance and Aspirations; Economy Technological Development and New initiatives and The state Economy of Karnataka.

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Publisher: The Indian Express
Date: 2022-12-26T21:16:15 05:30
Twitter: @The Indian Express
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World economy to experience recession in 2023, says Centre for Economics and Business Research

According to the Centre for Economics and Business Research, the world will experience a recession in 2023 as a result of rising borrowing prices intended to combat inflation.

"It's likely that the world economy will face recession next year as a result of the rises in interest rates in response to higher inflation," said Kay Daniel Neufeld, director and head of Forecasting at CEBR.

Publisher: Firstpost
Date: 2022-12-26T15:30:45 05:30
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New sanctions start to bite in Russia as Moscow admits deficit impact

The latest round of Western sanctions against Russia over its invasion of Ukraine are beginning to pinch the country's economy.

Russian Finance Minister Anton Siluanov reportedly told journalists Tuesday that an oil price cap imposed by the G-7 (Group of Seven) major economies, as well as the European Union and Australia, is squeezing Russian export income and will potentially push Moscow's budget deficit higher than ...

Publisher: CNBC
Date: 2022-12-27T13:13:25 0000
Author: https www facebook com CNBC
Twitter: @CNBC
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Adam Tooze on the Economics of Climate Change and Winter: Less Snowfall but No Fewer Megastorms

Some 31 percent of land on Earth is covered by snow at some point during the year—equaling about 46 million square kilometers .

How has climate change affected snowfall—and is that saving money on snow removal? Is skiing really a sport for the wealthy? And is snow an economic resource all its own?

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Publisher: Foreign Policy
Date: 1671803970
Author: Cameron Abadi
Twitter: @ForeignPolicy
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Army of the Alien Monkeys


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Wayne County Commissioners Pass 2025 Budget

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