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I spent 3 years saving 25% of my take-home pay thanks to a handful of everyday strategies that made all the difference

“Small increases add up over time, especially if you’re putting them into a high-yield savings account or investing the earnings” writes Tori Dunlap for businessinsider.com. Here’s exactly how I did it: I always say that you don’t have to stop spending money – you just need to stop spending money on things you don’t value.Once I had my high-yield savings set up, I made sure to schedule automatic payments moving money from my checking to my high-yield savings.One thing I recommend to my clients is setting up a high-yield savings…

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Deere workers grapple with fallout from Trump’s trade war

“But as the trade war began taking a toll on the farm economy, Spencer said farmers started cancelling their orders” writes Midwest Communications Inc for 95kqds.com. Hundreds of workers at Harvester Works are facing an uncertain future as a result of the 16-month-old tariff war.Harvester Works’ union head David Thompson told Reuters that weeks later the company extended temporary layoffs for another 100 workers at Harvester Works until early January.The 29-year-old welder blames America’s trade war with China, which has dented U.S. agricultural exports and, in turn, slowed sales of…

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ANALYSIS: House GOP used hearing to drum up the base and keep Senate Republicans in line

“Republican House members opened the first public impeachment hearing with a boisterous, partisan defense of President Trump that analysts and strategists said would help mobilize support in the 2020 election but reflected a split in strategy from the Senate” reports washingtonexaminer.com. A senior Senate aide said it was also a question of different roles between the House and Senate during the impeachment process. “They have their job to do and we have ours,” he said. Source: washingtonexaminer.com

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How to talk to your kids about money when you don’t have a traditional job

“Things that are out of the ordinary, kind of like the gig economy” writes This Story Was for seattletimes.com. His parents are part of the rising “gig economy” that has shaped an entire generation of adults — dubbed “Generation 1099” by some, in reference to the self-employed tax form they file.It’s also shaping how their children view jobs and money. Source: seattletimes.com

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Scientific groups remove BYU job posts over school’s LGBTQ policy

“It removes an opportunity for a diverse candidate from outside of the BYU system from finding the job,” Abbott said” writes Associated Press for nbcnews.com. SALT LAKE CITY — Two well-known scientific groups have dropped job postings from their websites from Brigham Young University because of the school’s LGBTQ policies, igniting a debate on whether research organizations should take a stance on social issues. Source: nbcnews.com

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Trump’s tariffs will ‘scorch’ growth in 2020 and job losses are likely, says UBS

“The usual seasonal rise in retail bankruptcies in late Q1 will likely be notably larger in 2020 reinforcing the rise in job losses.”” writes Finanzen Net Gmbh for businessinsider.com. “The retail sector will have substantial difficulty passing on the additional costs of the tariffs without falling sales.”Already this year the manufacturing sector is being hurt, with job growth decelerating,” the note said.UBS says that tariffs will “scorch” US growth in 2020.The US economy is already slowing in part due to President Donald Trump’s tariff war with China hampering global growth. Source:…

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Osram recommends Ams offer and agrees on job protections in case of deal

“Osram Licht AG (OSR.XE) said Tuesday that it has agreed on key terms for a potential takeover by Ams AG (AMS.EB), including job protections for its German employees” writes Max Bernhard for marketwatch.com. Osram OSR, +0.15%  said its boards recommend Ams’s AMS, -5.66%  takeover offer to shareholders, who have until Dec. 5 to accept.Osram’s works council said Monday that it filed a court appeal against Germany’s market regulator BaFin in order to stop the takeover offer. Source: marketwatch.com

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Osram backs AMS takeover as auto downturn triggers 2019 loss

“In the fiscal year ended in September Osram posted a 343 million euros ($377.99 million) net loss, down from a 188 million euros profit in the year-earlier period” writes Midwest Communications Inc for 95kqds.com. Osram said job cuts, efficiency measures and costs related to the takeover resulted in charges of 131 million euros.FRANKFURT (Reuters) – Osram urged shareholders to back a $5 billion takeover bid from Austria’s AMS and said it would cut costs and not pay a dividend as it posted a loss for the fiscal year ending in…

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No, you don’t deserve billions from entrepreneurs who risked it all to grow the economy

“Rather than follow the family footsteps of white-collar job security, Gates spent his entire childhood studying and creating software” reports washingtonexaminer.com. It pays no overtime, offers no job security, and often requires 80-hour weeks.But the economy doesn’t just reward the jobs, innovation, and economic growth created by successful entrepreneurs. Source: washingtonexaminer.com

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