These days, it can take years before young adults are able to pay their own way. However, some money moves may speed up the process.
CNBC
Broadcast Media Production and Distribution
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Welcome to CNBC's home on LinkedIn! Follow us for regular updates about financial news, top CNBC.com stories, behind-the-scenes moments and more. CNBC, Inc. provides business news in the United States and Canada. It provides real-time financial market coverage and business information. The company, through its Web site, cnbc.com, provides real-time market analysis; video programming daily; industry and topic-specific blogs; cnbc.com live stream, a long-form scheduled programming of events; charts; and investing tools. The company was founded in 1989 and is headquartered in Englewood Cliffs, New Jersey. CNBC, Inc. operates as a subsidiary of NBC Universal, Inc.
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http://www.cnbc.com
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Updates
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Single mothers face high rates of financial insecurity. Experts have financial tips to help them thrive.
Money tips for single moms: 'It can be very challenging to raise kids on one income,' advisor says
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Cat-sitting in Mallorca, Spain, allowed me to live like a local, exploring the island's beaches, mountains and food. I even borrowed the cat-owner's car.
Cat-sitting to save on travel costs? I looked after 5 and got a free place in Spain for two weeks
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Luxury travelers want more from safaris today, pushing the industry to offer experiences that highlight animal conservation efforts and neighboring communities.
Luxury safaris are changing — here's what affluent travelers want now
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These no-frills airlines entice travelers with low base fares and charge for add-ons such as luggage and food.
Budget airlines like Spirit and Ryanair make up almost a third of global airline capacity. Here's how they do business
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CNBC's Jim Cramer on Friday guided investors through next week on Wall Street, highlighting President-elect Donald Trump's inauguration and earnings from companies including Procter & Gamble and American Express. Cramer mused about what Trump's administration will mean for the market, noting that Wall Street believes him to be more pro-business than his predecessor, President Joe Biden. "We have no idea whether the next administration will live up to the lofty levels that the averages have now gotten," he said. "Will Trump be pro-tech? Will he embrace mergers? Will a rising tide lift all boats?" Click here to download Jim Cramer's Guide to Investing at no cost to help you build long-term wealth and invest smarter.
Cramer's week ahead: Inauguration, earnings from Procter & Gamble and American Express
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The Consumer Financial Protection Bureau fined Equifax $15 million over errors tied to consumer credit reports, alleging the company failed to conduct proper investigations of disputed information, the federal watchdog announced Friday. Equifax is one of three major credit reporting agencies in the U.S., a group that also includes Experian and TransUnion. "Equifax ignored consumer documents and evidence submitted with disputes, allowed previously deleted inaccuracies to be reinserted into credit reports, provided confusing and conflicting letters to consumers about the results of its investigations, and used flawed software code which led to inaccurate consumer credit scores," according to the CFPB's order.
CFPB fines Equifax $15 million for errors on credit reports
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These are the stocks on Goldman Sachs' list of buy-rated ideas to focus on into 2025. Read more with CNBC Pro: cnb.cx/4g1HK3k
These are Goldman's favorite stocks for the year. How to trade them for maximum profit
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Digital Currency Group, the crypto firm founded by Barry Silbert, and the former executive of a defunct unit are paying the SEC $38.5 million for misleading investors. In a statement on Friday, the agency said that DCG and Soichiro "Michael" Moro, the ex-CEO of crypto lender Genesis Global Capital, will pay the civil penalties to settle charges for misleading investors about Genesis's financial condition." Genesis, once a business at the heart of DCG, was among the multiple casualties in the industry contagion set off by the collapse of FTX. The firm filed for Chapter 11 bankruptcy protection in January 2023.
Crypto firm Digital Currency Group to pay SEC $38.5 million for misleading investors
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Tim Cook is just three years away from retirement age, but don't expect the Apple CEO to call it quits once he's eligible to receive his full Social Security benefits. The 64-year-old, who's been working since starting a newspaper route at age 12 to save money for college, plans to keep going for as long as he can, he told the "Table Manners" podcast in an episode that aired on Wednesday. Specifically, Cook said his eventual retirement won't meet "the traditional definition" of the phrase. "I don't see being at home doing nothing and not [being] intellectually stimulated and thinking about how tomorrow can be better than today," he said. "I think I'll always be wired in that kind of way and want to work."
Apple CEO Tim Cook says he'll never retire, at least not 'the traditional' way: I'll always 'want to work'
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