Author: usaeverydaylife

Jean Kang, 32, brings in about $20,000 a month with her business.Courtesy of Jean KangJean Kang never thought she would be an entrepreneur. Growing up in the San Francisco Bay Area, she had always envisioned herself working for a big tech company.”I grew up watching a lot of ‘Shark Tank’ [and] thought it was always fascinating. I never thought that it could be me though,” Kang told CNBC Make It.Having witnessed the rise of Silicon Valley from her own backyard, she worked hard to land her first tech job. “I felt like I was in a bubble, that’s all I…

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Personal loan terms often range from one to seven years. However, if you need a loan you can pay back quickly, such as for an unexpected expense, there are short-term loans available. Short-term personal loans are generally safer and less costly than payday loans and may still be available if you have bad credit.While short-term personal loans aren’t an official term and generally don’t have published requirements, CNBC Select rounded up the top personal loan lenders offering shorter repayment terms and easier qualification requirements. (Read more about our methodology below.)Best short-term loans for bad creditLooking to consolidate debt or make…

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Singapore’s former transport minister S. Iswaran arrives at the Supreme Court in Singapore September 24, 2024.Caroline Chia | ReutersA Singapore court was due on Thursday to sentence a former transport minister convicted last week of receiving more than $300,000 worth of gifts, in what could be the first jailing of an ex-cabinet member in a city-state known for clean governance.S. Iswaran, who was a minister for 13 years, pleaded guilty to four counts of receiving gifts and one of obstructing justice, after prosecutors went ahead with only five of the 35 charges in a rare case that has gripped Singapore.A charge of accepting gifts from someone a public official…

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Citi has identified three U.S.-traded Chinese stocks that are positioned to benefit from Beijing’s recently announced economic stimulus program. China introduced several supportive policies last month to revive its economic growth and bolster market and consumer confidence. The Chinese government’s efforts have already shown a significant impact, with Chinese internet stocks experiencing substantial gains last week. For instance, the KraneShares China Internet ETF has surged by 45% since. Despite these impressive gains, Citi analysts believe the market has not fully priced in the potential for improved macroeconomic conditions and earnings growth. “We believe [the] market has not priced in estimate…

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When Richard Kvech first set foot on Pinang four years ago, a dilapidated bungalow used by passing fishermen was the only sign of human life on the island.Kvech and three friends, all from the Czech Republic, slept in hammocks and cooked on the beach, while dreaming of creating an eco-retreat on the 50-hectare Indonesian island off the western coast of Sumatra.Tomas Ouhel, a member of the group, had come across Pinang while doing conservation work on the nearby island of Bangkaru a year before.After a year of discussion — among themselves and the two families that own the island —…

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Global supply chains and trade have been facing no shortage of challenges in the past few years. Factors ranging from Covid-19 pandemic disruptions to Red Sea tensions have driven freight rates up and affected deliveries. Trade tensions, too, have resulted in tariffs and affected world trade in certain goods. Just this week, strikes at the U.S. East Coast and Gulf Coast ports are threatening to disrupt global supply chains. With trade barriers rising amid greater levels of geopolitical tensions in recent years, investors in the logistics and shipping industry are concerned about the extent to which this is driving a…

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Baona | E+ | Getty ImagesAs year-end approaches, you may be eyeing Roth individual retirement account conversions.The strategy, however, boosts your income, which can have other tax consequences, experts say.Roth conversions shift pretax or nondeductible IRA funds to a Roth IRA, which provides future tax-free growth. But the converted balance boosts your current-year adjusted gross income.Additionally, increasing your AGI can have “completely unintended” ramifications, said certified financial planner JoAnn May. She is also a certified public accountant and the principal and co-founder at Forest Asset Management in Riverside, Illinois.More from Personal Finance:CNBC’s No. 1 financial advisor has a golden rule:…

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Two NASCAR teams, including one owned by basketball icon Michael Jordan, accused NASCAR of being a monopoly in a joint antitrust lawsuit filed Wednesday morning in federal court.23XI Racing, the team co-owned by Jordan and three-time Daytona 500 winner Denny Hamlin, joined with Front Row Motorsports to allege NASCAR and its CEO Jim France have used “anticompetitive and exclusionary practices” to “enrich themselves at the expense of the premier stock car racing teams.”“I love the sport of racing and the passion of our fans, but the way NASCAR is run today is unfair to teams, drivers, sponsors and fans,” Jordan…

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