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Poll: How much money per month do you spend on streaming services?

October 13, 2020

Netflix Originals next to popcorn stock photo 2

Streaming services have become a staple in many households, even before the pandemic kept people inside. It’s not hard to see why — a relatively small outlay per month gets you unfettered access to more games, music and TV shows than you could ever hope to buy or rent, let alone store on your devices. The monthly costs can easily make sense, particularly if your household voraciously devours content.

How much you’re willing to spend on streaming services is another story. Are you only willing to pay for one or two providers that you know you’ll use every day, or are you all-in? That is, of course, assuming you’re interested at all. If you’re the sort who prefers to hold on to permanent copies of everything, streaming could easily be a non-starter.

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There are cases to be made for and against heavy spending. Many of the best shows

Why I’m happy to pay $70 a month for term life insurance

October 10, 2020

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Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, like American Express, but our reporting and recommendations are always independent and objective.

After meeting with a financial planner, my husband and I set out to pay off our credit card debt. We did it in six months, and during that time I started earning more money than ever.
Our financial planner recommended that I buy a term life insurance policy since I was only protected for $20,000 on my husband’s employer-provided policy.
He recommended $1.4 million in coverage for me, which felt high. But after accounting for our standard of living and future financial goals, I went for it.
Now, I feel good about paying $70 a month for that peace of mind.
Policygenius can help you compare life insurance policies to

How much money YouTube pays finance creators: per month, year, views

October 9, 2020

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YouTube’s Partner Program lets creators monetize their videos with Google-placed ads.
YouTube pays creators a certain rate based on the type of audience their videos attract, and often talking about money can net an influencer more per view than many other topics, according to finance creators.
We spoke with several finance influencers on exactly how much money they’ve made a month, per 100,000 views, and in a single year on YouTube.
Subscribe to Business Insider’s influencer newsletter: Insider Influencers.

This is the latest installment of Business Insider’s YouTube money logs, where creators break down how much they earn.

Attorney Erika Kullberg started her personal-finance YouTube channel one year ago after leaving her job as a corporate lawyer and she now has about 71,500 subscribers.

Though Kullberg’s YouTube channel doesn’t have millions of subscribers, she is still able to earn a sizeable amount of money each month because of her video

Japan’s services sector market contracted for eighth-straight month in September

October 5, 2020

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Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com.

TOKYO – Activity in Japan’s services sector contracted for the eighth straight month in September but at the slowest pace since the coronavirus pandemic started wreaking havoc on the economy, a private business survey showed on Monday, in a sign that demand is starting to steady.

The final Jibun Bank Japan Services Purchasing Managers’ Index (PMI) rose to its highest in eight months, coming in at a seasonally adjusted 46.9 from 45.0 in the previous month.

The headline index, while still below the 50 neutral level, was higher than a preliminary reading of 45.6, suggesting conditions were moving closer to stabilisation.

STOCK FUTURES PLUNGE AFTER PRESIDENT TRUMP CONFIRMS HE HAS CORONAVIRUS

“Overall, there are signs of improvement in the sector, however recovery is far from secure,” said Shreeya Patel, economist at IHS Markit, which compiles the survey.

All Weather Dividends: 11 Strong Buys, Just 1 Month Before The Election

October 4, 2020

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Written by Robert & Sam Kovacs

Introduction

Already the 6^th update. Time flies! Since initiating our All Weather Dividends model portfolio in May, we’ve had the chance to showcase our investment style. This has led to many interesting discussions with our readers, about stock picks, but also about strategy, goal setting, and general philosophy.

The portfolio tracks the investment of a fictional $100,000 and $2,000 per month of extra contributions. Not all of the $100k was invested the first month, so for the first 5-10 months, portfolio additions will be larger than $2,000

Source: Open Domain

This months update includes suggested transactions for the portfolio. We own all of the stocks we suggest buying and sell of the stocks we suggest selling. Because of timing difference and because we are picky on prices, this portfolio is not identical to our portfolios. Some stocks which we own simply haven’t been

Final jobs report before Election Day shows just 661,000 positions were added last month

October 2, 2020

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The final jobs report before the general election shows a gain of just 661,000 jobs for September and the unemployment fell from 8.4 percent to 7.9 percent, according to data released Friday by the Bureau of Labor Statistics.

Over the summer the unemployment rate fell from its lockdown spike of 14.7 percent to 8.4 percent by August, but the pace of gains has drastically slowed, pointing toward a protracted period of fragile recovery that could be further imperiled if infection rates worsen.

It’s a “steady flood of job loss,” said Bill Scribbs, an economist for the AFL-CIO labor union. “The next six months… look pretty bad because what happened in August with people using so much credit is they’re going to be reticent to spend money by Christmas. We won’t have enough jobs back by November.”

The data for the monthly jobs report comes from a survey of workers conducted

Japan August Household Spending Seen Falling for 11th Straight Month: Reuters Poll | Investing News

October 2, 2020

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TOKYO (Reuters) – Japanese household spending is expected to have fallen for a 11th straight month in August, a Reuters poll found on Friday, suggesting the coronavirus crisis is still weighing heavily on consumer confidence.

Analysts say the economy is rebounding gradually after suffering its worst post-war contraction in the second quarter, but the jobs and wage situation remain weak.

New COVID-19 cases in Japan have been on a general downward trend recently but appear to be levelling off.

Household spending likely fell 6.9 % in August from a year earlier, the poll of 14 economists showed, after a 7.6 % fall in July.

Compared with the previous month, household spending is forecast to have risen 3.2% in August from a 6.5% decline, the poll found.

“As the coronavirus cases resurged in Japan, people’s self-restraint stance towards spending on entertainment and tourism persisted,” said Takeshi Minami, chief economist at Norinchukin

US hiring likely slowed in September for 3rd straight month

October 2, 2020

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WASHINGTON (AP) — A critical snapshot of the job market and the economy to be released Friday is expected to show a further deceleration in hiring as the nation’s viral caseload creeps higher and as government financial aid has faded.

When the Labor Department issues its September jobs report, economists predict it will show a gain of 850,000, according to a survey by data provider FactSet. That would mark a third straight monthly slowdown, after June’s 4.8 million job gain, July’s 1.7 million and August’s 1.4 million.

If the forecast for September proves accurate, it would mean that the economy has regained only slightly more than half the 22 million jobs that vanished when the pandemic flattened the economy in early spring. Should job gains continue to remain below 1 million a month, it would take until late 2021 or 2022 to recoup them all.

So far, hiring has rebounded

September growth for US manufacturing, fifth straight month

October 1, 2020

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U

MATT OTT AP Business Writer

October 1, 2020, 2:49 PM

2 min read

SILVER SPRING, Md. — U.S manufacturing grew at a slightly slower pace last month, continuing to rebound from spring’s coronavirus recession.

The Institute for Supply Management, an association of purchasing managers, said Thursday that its manufacturing index fell to 55.4 in September from 56 in August. Anything above 50 signals growth, and U.S. manufacturing has expanded now for five consecutive months.

The ISM reported that new orders and production grew in September, though at a slower pace. Employment contracted for the 14th straight month, though with a reading of 49.6, came very close to expansion for the first time since July 2019.

Among the six biggest manufacturing industries, food, beverage and tobacco continued to be the best-performing sector.

ISM said 14 of the 18 manufacturing

Consumer spending climbs in August for fourth month in a row, but at a slower pace

October 1, 2020

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ECONOMIC REPORT

a person standing in front of a store: Consumers haven’t stopped spending because of the coronavirus.

© Getty Images
Consumers haven’t stopped spending because of the coronavirus.

The numbers: Americans ratcheted up their spending in August for the fourth month in a row in a good sign for the economy, but the increase was the smallest since the U.S. reopened and pointed to a slower recovery.

Consumer spending rose 1% in August, the government said Thursday, matching the forecast of economists polled by MarketWatch.

chart, waterfall chart

Slower spending stemmed largely from the end of a massive infusion of federal aid for the unemployed. Incomes declined by 2.7% — the biggest drop since early in the pandemic — after an extra $600 jobless stipend expired.

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Wages and salaries rose, however. What’s more, many households boosted savings early in the pandemic, giving them more cushion to spend. The savings rate fell again to 14.1%, but it’s still almost twice as high as it was before the

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