[Post 196] How Drinks Helped Dunkin' Become a $9 Billion Empire | The Economics Of | WSJ

Summary

Dunkin’ started out as a small doughnut-and-coffee shop in Massachusetts in 1948 and has grown to over 12,000 stores in 40 countries. WSJ’s Heather Haddon explains why the company chose to focus on drinks – not doughnuts.

[Post 195] How I Earn $6,500/Month In Passive Income | Fired Up

Summary

Amberly Grant, 34, vowed to be a millionaire after reading her first finance book at age 15. Then, in college, she discovered the FIRE movement, which stands for financial independence, retire early, and began working toward her dream of retiring early. Living in Denver, she was hired as a full-time project manager, started investing in real estate and launched a financial education side hustle. Today, Grant has accumulated a net worth of $835,000, and recently welcomed her first child.

[Post 194] China’s Bai Lan Vs Pro-996 Youth - Why Should I Work Hard?

Summary

In China, the ‘bailan’ movement - similar to quiet quitting - is about giving up on trying to get anywhere, and the motto of ‘let it rot’. It runs counter to the 996 work culture that’s a reference to the practise of working from 9am to 9pm, six days a week.

Zhang Yingqiu, 32, is an insurance agent who, though she stops short of working 996, agrees with its ethos of hard work being fulfilling. Wang Shuai, 26, is an escape room actor who does just enough at work to get by and believes in “lying flat”.

[Post 193] How Chip Giant AMD Finally Caught Intel | CNBC

Summary

Chip giant Advanced Micro Devices made history this year when it surpassed Intel by market cap for the first time ever. Intel has long held the lead in the market for computer processors, but AMD’s been on the rise since it acquired adaptive chip company Xilinx in February for $49 billion. Now, AMD chips are in two Tesla models, NASA’s Mars Perseverance land rover, 5G cell towers and the world’s fastest supercomputer. CNBC sat down with CEO Lisa Su to hear about AMD’s remarkable comeback, huge bets on new types of chips in the face of a PC slump, new restrictions on exports to China, and shifting industry trends.

[Post 192] When Will Inflation Finally End?

Summary

When will soaring inflation finally come to an end? Economists weigh what's ahead and provide their valuable insights into what's in store for 2023.

It's the question on the minds of market watchers, economists and consumers alike: When will sky-high prices fall back down to Earth? There are hints that the worst of the U.S.'s bout with inflation may be in the past. Still, some experts are concerned that the historic pace of interest rate hikes from the Fed, aimed at cooling down the hot economy, could spur a recession once the dust settles.

"It's probably going to be lower next year. How much lower is it? We're not quite sure. Inflation can be very hard to predict," Kevin Kliesen, business economist and research officer at the Federal Reserve Bank of St. Louis, told CNBC in an interview.

Watch the video above to find out when experts think high inflation could finally come to an end, and whether the U.S. will need to enter a recession to get there.

[Post 191] How We Retired Early With $540K At 40 In Colorado | CNBC Make it

Summary

In 2012, Debbie Emick received a series of troubling diagnoses, forcing her to retire from teaching two years later. She and her husband, Chris, then set out on a path of achieving FIRE — financial independence, retire early. An initial investment of $60,000 grew and they bought 17 rental properties from 2016 to 2019. That income stream allowed Chris to retire from his IT job in November 2019 after they accumulated $540,000 in savings and retirement accounts and $1.1 million in real estate.

[Post 190] I Bring In $144K A Year Driving Trucks | On The Job

Summary

Clarissa Rankin, 36, brings in $144,000 a year as a professional truck driver hauling an array of goods from diapers to TVs to canned goods across the East Coast. She owns her trucking business, JC Rankins Transport, and also makes money documenting her trucker life on social media, where was able to make an additional $36,000 in 2021.