Author: usaeverydaylife

In 2024, Lexi Smith, 24, was working as a teacher in Atlanta, Georgia, when she decided she was ready for a change of scenery.Smith began exploring the possibility of teaching English abroad and worked with Xplore Asia, an organization that assists individuals in obtaining their TEFL (Teaching English as a Foreign Language) certification to work and study abroad.”I wasn’t quite loving the school system from having an overbearing administration that didn’t appreciate me to having a hard time living on my salary,” Smith tells CNBC Make It. “When I found out that I could teach abroad for a much easier…

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U.S. President Donald Trump speaks as he sits next to a “Trump Gold Card” sign, in the Oval Office at the White House in Washington, D.C., U.S., Sept. 19, 2025. Ken Cedeno | ReutersMajor technology companies and foreign governments are rushing to respond after President Donald Trump late Friday announced plans to impose a $100,000 annual fee on H-1B visas, threatening to upend the program that underpins America’s technology workforce.The Trump administration said the fee would apply per worker, per year, potentially dealing a massive blow to companies — primarily in the technology and finance sectors — that rely heavily…

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(This is The Best Stocks in the Market , brought to you by Josh Brown and Sean Russo of Ritholtz Wealth Management.) Sean — In 2025, even as the economy shows signs of softening, people are still traveling in droves. Flights are full, trains are busy, and destinations around the world are crowded. Travel has shown remarkable resilience, holding up as a secular growth story rather than a purely cyclical one, post-COVID. Families chasing experiences, professionals blending work and leisure, and retirees crossing off bucket-list trips are keeping demand strong. Expedia (EXPE) has been a beneficiary of that continued spending.…

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U.S. President Donald Trump speaks in the Oval Office at the White House in Washington, D.C., U.S., Sept. 19, 2025. Ken Cedeno | ReutersThe Trump administration stepped in to stop U.S. Steel from idling operations at its Granite City, Ill., plant, exercising new powers tied to the company’s recent takeover, the Wall Street Journal reported.The steelmaker had informed nearly 800 workers that the plant would close in November, noting however that they would still be paid. But after Commerce Secretary Howard Lutnick warned CEO Dave Burritt the administration wouldn’t allow it, U.S. Steel reversed course on Friday, saying the facility…

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Nvidia CEO Jensen Huang attends the “Winning the AI Race” Summit in Washington D.C., U.S., July 23, 2025. Kent Nishimura | ReutersNvidia CEO Jensen Huang said that the company’s $5 billion investment and technology collaboration with Intel comes after the two companies held discussions for nearly a year.Huang said that he communicated personally with Intel CEO Lip-Bu Tan about the partnership. He called Tan a “longtime friend” on a Thursday call with reporters after the companies announced that Nvidia would co-develop data center and PC chips with Intel as part of the investment deal. On the call, Tan said he…

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Several flags including that of the United States, Cambodia, the European Union, Japan and ASEAN are seen outside a building in Krong Siem Reap, Cambodia, on July 27, 2025.Anadolu | Anadolu | Getty ImagesAsian central banks may find more room to ease policy after the Federal Reserve cut interest rates by a quarter percentage point Wednesday and signaled more reductions ahead, as the region contends with trade headwinds and currency pressures.The cut brought the Fed’s benchmark overnight lending rate to 4%-4.25%. Fed Chair Jerome Powell framed the decision as a “risk management cut,” rather than something more directed at shoring…

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The recent rate cut from the Federal Reserve will likely not be the last this year, which means investors need to start assessing their cash allocations, according to UBS. There is $7.3 trillion in cash sitting in money market funds, close to a record, according to the Investment Company Institute . But the solid rates people have been enjoying in money markets and other cash-equivalent investments will resume their decline now that the Fed is easing policy again. The annualized seven-day yield on the Crane 100 list of the 100 largest taxable money funds was 4.09%, as of Thursday. In…

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The stock market reached records again this week, propelled by the Federal Reserve’s decision to cut interest rates for the first time since last December. The S & P 500 and Nasdaq hit a number of all-time closing highs this week, one as recently as Friday, after the Fed announced a quarter-point reduction to the overnight lending rate Wednesday afternoon. Central bankers signaled there could be two more cuts in 2025. This Fed’s decision puts the benchmark funds rate in a range between 4% to 4.25%. While stocks were initially up and down on Wednesday’s news, investors ultimately celebrated the…

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